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FEB 6 MONDAY ISSUE BUS. ADM LIBRARY Reg. U. S. Pat. Office Volume 171 Number 4879 New Price 75 Cents York, N. Y., Monday, February 6, 1950 Copy a General Corporation and Investment News RAILROAD Aeronautical The Dec. on 31, last, had share, according to per INDUSTRIAL - total the assets net Ori In This Insurance Co.- -Premium Issue 3Vstf«. The In premium 1949 income of $402,500,439. was the This Aetna was Life 4.3'/o Affiliated and than greater 1948. Aetna Life Aetna Casualty & Surety Co.. Insurance Automobile Standard Co._„_ Insurance Fire ._i ... Co.__^_„._ Insurance 42,329,029 The the in Aetna Life is $65,969,224, gain a of $50,000,000. $325,000 $3,800,800; and in the Standard Fire $675,000. These increases in contingency to market gains arising from net reserves assets the of Aetna Affiliated sales on Companies ' ' ' ■ ' . Aetna Life Aetna Casualty Insurance Automobile Standard Pittsburgh lrom Co.__ Insurance 69,266,222 .. SEC V. company seeking 170, Jan. Transactions New York 10,145,531 2,039,938 registration of a railway Net from railway.. Net ry. oper. income... From Jan. Net $378,960 152,062 114,729 87,375 72,149 54,260 4,570,665 5,890,356 5,261,890 4,215,287 1,107,536 2,193,899 1,713,412 981,062 508,812 1,123,538 829,821 413,813 income Net From Gross railway 1947 $1,494,311 473,618 541,386 153,514 213,743 16,715,178 5,021,848 3.899,240 1,811,539 Gas Transmission Co. has New in put England its area, bid to one and of permission the last to supply natu»al remaining sections of The company with the Interest pany) announced Federal Power it Co. company and Transcontinental organized was in Gas Pipe September, Line Co. to be stated.—V. Allied Gas sold to New 171, stockholders The smck Utilities and to eliminate to securities stockholders Co. below.—V. 170, p. : to also $9,659,007 has 200 covered hopper must cal 100 1943 —V. cars 170, p. 1 will Permission terms stated two granted was the in the applied, thereafter. of any sale of toward liquidation carry out these trans¬ proceeds first, to order SEC 4.207fy and years that be Dec. of 30.—V. 170, sinking Jan. 25. on Period End. Nov. 30— Operating Oper. revenues &c expenses enable the on vote company provision the were to the to Feb., 3 to which sell on its CONSOLIDATED .(net) ' confines proposals the in INCOME vote other 3,502,084 received cars 27,805,954. • ■ •: --. an order from to Wis¬ . • the to public which were completed Divs. 154,600 shares L to . . 7,217,772 1 Lackawanna as equity can ' on & Order RR. Power Net for - - 2,858,321 34,434,095 418 2,156 9,689 174.701 99,371 1,005,012 1,488,974 2,959,849 35,443,796 33,033,548 1,028,030 11,914,139 12,638,949 1,931.819 23,534,657 20,394.599 687,639 231,000 15,473,056 14,296,814 1,330,073 1,700,819 8,061,600 6,097,785 1,330,073 717,798 1,700.819 8,061,600 6,097,785 298,109 16,062,588 15,610,917 1,998,927 24,124,189 21,708,702 110,998 92,116 1,936,789 1,967,885 31,369,873 incl. subs, Income consol American Gas & Elec. Co. Total Cons.: Subs. & net income as — income parent co. Total 8,044.26,157 exps. and (parent 32,618 deducts. company) — 431,155... 563,976 26.137.278 ' 5,961,827 1,332,015 , 1,351,756 467,683 „ 1,491,133 22,512,692 1,711,937 5,541,644 480,044 25,757,356 Dividends 1,869,811 1,906,811 22,025,900 19,740,816 60,017 60,017 720,209 720,209 20,669,143 1,980,018 Adjust, 2,003,977 ' 1,427,259 ' 1,846,794 21,305,690 $4.28 19,020,607 ings Earnings 166,695 404,817 303,026 1,037,730 798,797 7,673,052 5,033,579 24,166,867 18,033,064 7,673,052 5,033,579 24,166.867 on (parent 1,843,549 275,005 (adjusted). pfd. stock company)— income 27,469,293 420,183 7,054,419 161,500 67,062 21.160.936 "On as consol. earn¬ for com. stock per common 1,809,794 share —• undistributed net income dividends 18.033,064 by parent of — subsidiaries expected to be company.—V. 171, , Foreign Pwr. in; income; & Co. St Louis Listed and Unlisted Securities Foreign Inc.— ~ income 91. 617 661 Total 7,673,143 24,167,528 18,064,990 2,918,661 Edward D. Jones & Co. 31,926 5,034,196 2,706,504 Established 1871 Interest to amort, .-i... count - of and taxes 835,600 public debt 755,193 300 North New dis¬ York St. Louis 2, Missouri Stock Exchange Phone CEntral 7600 Midwest Stock Exchange 878,799 875,049 3,502.084 3,403,954 17,746,783 . Chicago Board of Trade 3,504.361 New Balance St., Members and expense 4th 5,958,744 11,854,125 York Curb Exchange v Bell Teletype " (Associate), - * 8L 593 $4.24 received p/ 189. Ameri¬ equity (as above) Other cement of Inc. American be 70-ton capacity, identi¬ for that railroad in October, • 10,234,273 115,102,037 112,006,033 2,047,871 Undistrib. net Total work-, subsidiaries of participating preferred stock, par the Pittsburgh Stock Exchange on - $ 143,375.907 $ . 5,397,851 594,508 public.: adjusts, Co. p. 101. of - $ 2,875,150 stocks common on Undistr. 1949—12 Mos.—1948 $ Expenses & other chgs.,' were admitted to trading on Jux 19, 1950.—V. 151, p. 1269. 9,563,324 1949—12 Mos.—1948 149.536,131 . company's 2433. %lt 13,092,594 3,000,373 $7,266,082 and (net). nority interest Net shipments such taxes deductions, 31,412,036 133,577,902 120,734,508 26,006,141 107,414,467 99,540,954 „ .5,107. ing capital (net Cr)__ Portion applic. to mi¬ reducing the $1 par capital by the retirement of 609,350 for use where bulk $ 12,438.474 . Total 3,506,937 , ACCOUNT $ „ 35,028,833. .- plants- (net) deducts, divs. Exch. on $0,049,657, ___ 124,805 (net) above $ ... Other income approval list. to $ 2,706.504 $8,122,962 1949—3 Mos.—1948 deducts..* of Balance stock (& Subs.)—Earnings— 1949—Month—1948 income of revenues revenue 875,049 $1,257,588"' $1,591,064 . including company's loan. the ♦Estim. Fed. income tax !. American Electric Securities Corp.—Listing— The order to SHARE—In An issue of $400,000 first mortgage 4%% — be kept absolutely dry. These cars will to AND 2581. earned Operating income 2125. repurchased by the company up to Nov. 30, 1949.—V. 171, company BOND 2,017,712 2,918.661 $2,466,113 $11,625,046 $10,773,019 7,648,927! American Car & Foundry Co.—Receives Large The on American Gage & Machine Co.—Bonds Placed Private¬ England gas distributing companies, scheduled were charter from snares to 101. p. the investments on first agreed assets 1949—12 Mos.—1948 755,193 -V '• $2,136,387" < Pfd. consin effected 982,661 878,799 * Oper. 1949, , deducts., amortiz—! Rent for lease American Business Shares, Inc.—Charter Amendments •amend and Operating The Co.—Exchange Privilege Expires March 28 Lakes Great The int.!, applic. to other . Interest See bank the has further capital . Fuel the stock was SEC (incl. intercom- Subsidiaries— by Eastern Associates, New England Gas & Electric Association and Providence Gas Cd. Funds for Algonquin's proposed pipeline would 'be obtained through the sale of mortgage bonds and common stock, with 3for at Share of $3,221,306 $14,543,707 $13,479,523 835,600 Period End. Sept. 30— to Transmission . surplus be considered by the FPC together with a previous appli¬ cation filed by a competing company, Northeastern Gas Transmission Co., which - will' be supplied by two other major pipelines, Tennessee & the was by Share Inc.—Earnings— 1949—3 Mos.—1948 - charges, taxes Bal. carried authority to build a $27,500,000 pipeline network with capacity of 250 million cubic feet daily. At the same time, it said contracts have been signed with Texas Eastern Transmission Co., operators of the Big Inch and Little Big Inch pipelines, for an adequate supply of natural-gas. Algonquin's application is ex¬ initial Gas BY American Gas & Electric Co. 40 Supply Commission, for Algonquin down and 40 other & Balance for country still without this premium fuel. that a formal application has been filed Gas and Subsidiaries Consol.: System $2,971,987 including Bids the pected Reserve Period End. Sept. 30—, Natural Gas to New England— aa Statement of Member Banks Income Exps. the Bond $19,500,000 will company's the ly 40 American & Foreign Power Co., 1,116,130 to Bond water 2,073,423 2,578.579 gas with Transportation, gas and 14,445,250 1,473,887 company interest Other 18,334,533 3,501,554 The handed order an $30,000,000 promissory note maturing jn six years. The new also mature in six years. Both notes are to new a for Federal 603,711 16,117,999 income.. Algonquin in of securities Operating income- 2221. p. of 1— railway... oper. 170, granted was date. same note 329,325 116,917 Net ry. for $1,307,207 Net from railway —V. of the proposed new mortgage bonds of the The Dec. 16 application eliminates this requirement. was had on Dec. 27, and the necessary 40 Auction Sales 1946 Sl.623.295 ...40 Rates Banks Federal 363,625 income.. Jan. front 1948 $1,384,293 .. —-39 Combined Condition Statement RR.—Earnings— 1949 railway... oper. ry. which require¬ nounced Clearings Announcements Foreign Exchange Reserve December— from previous Redemption Calls and Sinking Fund Notices._40 Condition Gross __44 the New Dividend 153,113 Alabama Great Southern Net from of Bank to financing subject to the fund bonds dated Dec. 1,1949, have been placed privately with institutions through Dovenmuehle, Inc., it was an¬ 1. p. Course The Au¬ with this application on bear p. State and City Bond Offerings. 1—- oper. 171, $480,209 60,178 from ry. 1946 105,881 railway Net from railway —V. 1947 $2,500,000 obligations agreement new a to become effective, EXTENSION OF NOTES HELD General Corporation & Investment News.Cover 1948 $484,975 and a current its subsidiaries. Co., The exchange 30. the actions -Earnings- 1949 $367,459 from lean repay other and assist the company in obtaining the bank loan and facilitate the reor¬ ganization of the Cuban subsidiaries, Bend and Share has exchanged its holdings of $30,000,000 of matured 3^ serial notes of the company of Miscellaneous Features Akron Canton & Youngstown RR. Gross (Dow-Jones) ___!^_29 registration statement with the 12,000,000 shares of its capital stock.— December— Gross .30 National Quotation Industrial Stock Averages_29 2325. p. Section—-._37 Curb Exchange_.._ 30 bank to used meet amount subsidiary. authorization Dec. Stock Exchange York Transactions New be to company application was filed as an amendment in connection with the proposed Cuban principal on 38 Share will used the the consummate & be of commitments must first be obtained to sell at least $10,000,- hearing A -35 Markets the loan will permitted by the SEC ment that the filed 30 This 1949. was .34 !_ to Bond application Cuban Stock Exchange balance requirements whereby that company would turn over to Foreign Power its holdings of $19,500,000 of the 6To bonds of the Cuban Electric Co. in exchange for Foreign Power's note for the same amount, was requested in an application filed with the SEC on Dec. 16, 34 Exchanger! proceeds of The thorization Electric 000 Stock the loan. corporate 33 Stock and Bond Averages on —32 Exchange Exchange.—L_ Over-the-Counter Affiliated Funds, Inc.—Registers With SEC— The Stock 31 Stock Toronto Stock Exchange—Curb Increase 13,859,693 __ Co _30 —31 of Part bank and 32 Toronto 2013. p. 30 Exchange Stock Exchange Montreal Curb Exchange $1,642,774,555 $142,957,531 164,337,496 15,U95,48Q Co 30 not loan. Montreal repre¬ and stated San Francisco Stock Exchange Co. follows: as Assets Co. Surety Insurance Fire 170, & are .21 Philadelphia-Baltimore appreciation. The —V. profit Insurance Exchange Midwest Stock Exchange Aetna to investment sent the 17 Exchange— Stock Los Angeles Casualty & Surety Co., the $3,800,000 to $7,400,000; in the Automobile Insurance Co. increase was $1,700,000- In (Bonds) 1, 1951, both at an annual interest rate of the loan agreement, amortization will begin year. Borrowings by the company, other of second dividend a 9 Cincinnati Stock Exchange Detroit $7,747,214; Casualty & Surety Co. $33,235,634, up $2,099,398; in the Automobile Insurance Co., $15,554,351, up $4,016,414; and in the Standard Fire Insurance Co., $3,709,409, up $716,455. The contingency reserve in the Aetna Life Insurance Co. increased to (Stocks) Exchange Curb Stock Boston Aetna $9,000,000 Stock New York $402,500,439 $385,936,515 surplus the 5,727,279 Co Total in New York 38,658,586 6,439,312 „ _ New York Stock Exchange the above, are limited to $10,000,000 at any one time, at exceeding one year. The agreement also provides that, is paid by the company on. any of its capital stocks while the loan is outstanding, an amount equal to at least 50T« of the dividend shall be applied to repayment of the balance due on the if Page 1948 $267,013,067 $255,848,855 86,719,031 85,701,795 terms of end maturities Stock and Bond Quotations Companies in 1949 the By the than Income, Surplus and Assets Show Gains— ' 30, 1949, the company obtained a five-year loan of $10,000,a group of banks, with an additional standby credit of $5,000,000 available tq July at Life Robertson, President, said in part: Dec. from 000 year Aetna MISCELLANEOUS - W. S. $1,159,059, of annual report for the calen¬ 1949. ' These compared with total net assets of $1,247,369, equivalent to $4.64 per share, at the close of 1948.—V. 170, p. 393. dar INSURANCE - Securities, Inc.—Assets Increased— corporation equal to $5.23 PUBLIC UTILITY - 2 American Natural Gas Co.—New Subsidiary— American Natural Gas Service Co., Detroit, Mich., a subsid¬ iary, on Jan. 26 received SEC authority to engage in business as a subsidiary service company. The parent was authorized to acquire all of the 2,000 shares of capital stock of the Service company at par ($100 per share).—V. 170, p. 2433. The American Refining Co.—Increases Holdings of Sugar Spreckels Stock— Abbott, F. 257. p. Electric Appalachian CHRONICLE FINANCIAL Power Co. The of a new class of common stock, no par. has outstanding 372,000 shares of preferred and 6,000,000 shares of common stock. Its parent, American Gas & Electric Co. owns all of the common which is to be surrendered by American in exchange for 600,000 shares of the new common. Amer¬ shares 10,000.000 The also new common to now company of for account open 1949. has given hearing.—V. a of 6,500,000 shares $3,000,000 of advances of the and made by the can¬ American during Commission quest additional an consideration cash a $15,000,000 Appalachian The acquire to proposes cellation The the Co.—Debentures Telegraph & 109 investment firms on Jan. 31 publicly offered and sold a new issue of $200,000,000 21-year 2%% debentures due Feb. 1, 1971, at 100.797% plus accrued interest to yield 2.70% to maturity. The issue had been awarded at competitive sale on the Sold—'Morgan Stanley & Co. and 171, interested until persons Feb. to 7 re¬ properties day same bid of 100.43. on a 100.399 for 2%% debentures was of¬ bid of second A headed by Halsey, Stuart & Co. Inc. and fered by a group The stockholders. amounting each by American Telephone & Telegraph individual corporate sold $200,000,000 to ranked at that time as the largest issues marketed by competitive bidding. in Co. ever one was under marketed The of the largest corporate bond issues competitive bidding. Two debenture issues offering bond 1947, of PURPOSE—Company intends to use the proceeds from the sale of debentures, together with other funds, for advances to subsidiary associated companies; for the purchase of stock offered for companies; for extensions, additions and im¬ provements to its own telephone plant; and for general corporate purposes. The company is unable to determine the amount of the proceeds which will be devoted to any one of the foregoing purposes. Since the war the company and its subsidiaries have been making large expenditures for new construction in order to meet the demands for telephone service and to further improve the service. Conse¬ quently, it has been necessary to obtain large amounts of new capital through the sale of securities of the company and of its subsidiaries. Practically all of the equipment, apparatus and materials used in construction plant, other than buildings, of the company and its telephone subsidiaries is purchased from or through Western Electric Co.. Inc., such by subsidiary of the company. a AS CAPITALIZATION NOV. OF made due Dec. 15, 40-year 2s,a % 40-year 27/a % stock (common)— share per ♦These Jan. reserved were 1949. Gas $15,545,600 of in the the oil producing all own the 150,000,000 had and C. 250,000 Allyn and Co. Inc. Brothers American E. A. Securities 2.000,000 Ames 1.000,000 250,000 Co., •_ Baird W. & Leeds Ellis & George & Co. Becker & G. Blunt Blytll D. plan of Co.— & Dodge & Co Collins & Co Davenport L. Day & Co Detnpsey-Tegeler & Robertson Co. L. H. & Emerson Steele Ferris First 250,000 Corp. of 1,000,000 250,000 Michigan Trust Lincoln, 350,000 Neb Nolan Robert Garrett .& 1,500,000 Inc Sons 150,000 Merieka Co. Martin Milhous, Co. 150,000 Tully & Co. H. Murch & Mitchum, 250,000 1,000,000 Parrish 250,000 7,800,000 Hall Harris, Miller Co._ & Hemphill, Noyes, Graham, Parsons & Co. Herrman Henry Richards Hill J. & Fay Hornblower E. The & Hutton F. Illinois William Johnson, and D. & 250,000 & Son 1,000,000 Co Co __ James Co. 1,000.000 150,000 & Inc. & Co. 500.000 1,000,000 171, p. 461. 350,000 larger have plans been indebtedness bank Shuman, & Co.500,000 Smith, Barney & Co 7,800,000 F. Agnew Smithers S. the to additional refining equipment, 'oil for marketing and EFFECT TO PRESENT due Cartwright & 250,000 Neuhaus & Alstyne & H. Durst, C 4,800,000 91,000 & & Weeden White, & Co. Whiting, & Weeks Co Wood, & Wood. Inc. Hess the Tjvill Co. little a is over holder the of 24% the according to out¬ Gaa have in of about 7,600,000 shares of common stock. Corp. will have share of Natural each of is accepted.—V. the 170, capitalization a preferred cumulative Each Arkansas of capitalization a • the Gas stock present Corp. newly will formed of and common receive operating 590. p. Valley RR.—Tenders— Co., Trust 16 trustee, April to 3 p.m. en 12, Wall St., York, New N. will Y., proposals for the sale to sealed 1950, anc'. Atchison Topeka & Santa Fe Ry.—Earnings— 1949—Month—1948 $ Gross Net ry. Net income—— oner, income —V. 171, $ $ 482,753,947 526,733,746; 46,091,818 4,805,505 5,090,814 55,649,389 68,715,752 4,666,785 50,042,147 62,842,77.1 .. 4,431,564 — 1949—12 Mos.—1948 $ ——39,433,918 income 2. p. St. Andrews Bay Atlanta & Ry.—Earnings— 1949 1948 1947 1946 $201,391 $199,872 $153,358 $132,312 121,578 62,454 102,572 60,742 80,534 49,940 63,934 45,70% 2,171.914 2,407,618 947,176 413,914 1,115,889 496,407 1,819,378 760,035 329,112 1,540,63T 517,92% 247,252 December— Gross from Net from Net ry. railway— railway Gross 1— from Net from Net ry. —V. income oper. From Jan. — railway railway income oper. 171, 2. p. West Point is stock 1948 1947 1946 $314,516 railway..— from Net ry. 36,344 "4,924 $392,687 87,490 87,566 $276,302 "79,433 income $365,411 16,154 "23,294 4,568,673 755,790 141,284 4,072,366 574,403 87,518 3,952,602. liquidation for oper. from Gross on stock price in is carried each conversion case. the of shares of $1.20 preferred held in treasury. at tOf $1.20 stock $25 which 20,621 names of the several Atlantic 482,261 stock. shares of to & Co., $1,775,000 Inc and the be purchased 200,000 Ailyn and Co., Inc.Brothers Robert W. & & Baird Blunt Blair 50,000 480 320 600 S. Florida Ellis Bosworth, 360 100,000 600 300 180 Campbell, Central 50,000 120 80 720 430 180 120 120 80 100,000 180 120 900 GOO 50,000 McCarty Republic Collins Davis, Francis I. Dillon Clark Farwell, Giore, Grubbs, 120 80 300 Scott Harris, J. Co., and & 900 Co. 300 & 120 Hilliard The Hutton Illinois & 80 - * 80 180 900 this 600 200,000 Co.—, Peabody Ladenburg, Lawson, Lee 50,000 300,009 600 900 600 Co 900 120 80 575,000 Pierce, Turben Metropolitan II. Co._ & Louis St. Leonard & O'Neal, Alden & 900 Co., 360 240 180 Long & & Bond Co.. Ont., Canada—To Install Mills in Canada— stainless own the first steel steel year when rolling mills this industry stainless sheet 180 180 ; 120 360 300 120 80 600 50,000 - stainless for sheet was sheet has been in the country. steel produced comprised over 90% of the shipments in recent has been importing from the U. S. about 2,500 tons sheet year. a already produces stainless steel In bar, rod and wire other specialty steel products, and stocks them in throvghcut Canada now serving more than 2,500, cus¬ soon as production permits, it will warehouse the stainless 400 Smith, r equipment more "With which * than 100 permit of acres to about is will Welland at Plant North 240 450 Co added: market stainless be erected in the company's production of stainless steel sheets in hot rolled, pickled and annealed condition and in addition two polishing machines are to be installed so that the fabricators can be supplied with polished sheet in widths up to 48 inches wide. Later, production plans call for cold rolled finishes. "Today Atlas Steels Ltd. Is the largest company of its kind in the British Commonwealth devoted entirely to the production of tool and other specialty steels including stainless steels. Its plants at Welland "The 120 Inc As tomers. 480 100,000 Inc. further Canadian no have Steels - 200 720 Burkholder_ & *74,10:* — among warehouses Hawley, Shepard & Co., Schmertz C. its installs the Canada stainless cover R, — Ltd., Welland, staft imports forms, 120 300 100,000 Co 200,000 Russell, : 189. sheets. 375,000 & will bemuse "Atlas GOO 103,000 S. of 600 150,000 Ohiq Company Prescott, 600 900 200,OGO Co Lynch Murch 454,97'! 19,04% — income-. p. announcement years. , Fenner & Beane Merrill, 900 575,000 Corp Brothers Lynch, U. 600 100,000 & 171, Steels, "Heretofore 400 575,000 575,000 575,000 Higginson Merrill The 80 Williams-. & —: operating corporation limited 240 Co.„ Co Thalmann Levy 360 120 & 3,961. —' — its mile-long works at Welland, Ontario, R. H. Davis, President, 'announced on Jan. 28. Installation will begin at once, he stated and actual production of the new sheet is scheduled to start in 80 575,000 income— $111,40< 28,76$ #at 120 120 operating railway railway Canada 600 480 120 120 — September. Co Kay, Richards & Co Kebbon, McCormick & Kidder, from railway Atlas 720 50,000 — — First Stainless Steel Sheet Rolling 900 Co. E. 1949 "Deficit.—V. 575,000 100,000 from Net Howard, Labouisse, Friedrichs & railway Net 50,000 Son Danville Ry.—Earnings— & railway. From Jan. 1— Gross 375,000 Co Co & from Net 80 50,000 Herrman & 122,992,355 136,336,690 128,429,92:; 18,775,075 18,049,176 15,968,132 6,753,899 5,126,754 3,049,641; 2. railway Net 200 50,000 Inc (Inc.) Harrison p. from Gross 600 50,000 : Ripley & Co., Inc.—— Hail H. B. 150,000 Inc 171, ;— income 200 120 575,000 Co._ & Co., •Harriman J. Co Chapman & Co._ & Henry Co.— & & Co & Forgan Grande Carter (Inc.) Co & duPont Eastman, Fahey, Inc.— Co. Co & Skaggs & Co. — 1947 1948 December— 120 375,000 Inc.— 180 575,000 Co., 100,000 50.000 & 100,030 100,000 Sullivan M.'Byllesby & Co. (Inc.) revenues operaling Atlantic ' H. - revenues railway —V. MONTHS 12 AND $11,170,027 $11,823,979 $12,737,722 2,628,703 1,477,032 3,027,807 ;• 1,183,087 869,633 1,475,93: January 1— operating 200 150,000 DECEMBER FOR operating revenues • railway operating Income From announce¬ asking issued Circuit, in th s Fifth 1949 400 Simmons & EARNINGS Net 240 the revenues Operating 400 600 of December— Net 300,000 Inc. U. S. Court of Appeals, Coast Ry. reorganization.. East Operating Net following the made 1 will file a petition for a writ of certiorari Supreme Court to review the order of Jan. 17, 1950, majority a Feb. on • company U. by 400 200,000 Inc Co., 82,95% RR.—Reorganization Proceedings Line President, ' 400 Co.„ & 234,772) 189. p. Coast Davis, McD. C. Net 600 600 300,000 Co.— The Bankers Bond Co. William 240 900 300,000 Corp Arthurs, Lestrange & Co Whipple Selling 150,000 Securities Bacon, From Company Stockholders 3,570 2,380 360 171, ment: "The underwriters 528,414 19,264 — income— share, per preferred and 4X12,079 railways railway. oper. "Deficit.—V. the company's books at $100 *51,05$ Jan. 1— From from caryed preferred $1.20 Net RR.—Earnings— 1949 railway— from the ground. markets, sales and distribution offices in 58 countries abroad, in other countries. It industrialization, as its future largest market. Warehouses in various parts of the country completely cover all specialty steel markets."—V. 170, p. 1182. the corporation looks to Canada, carries on a large business with Its rapidly increasing 120 & Co. 3,500,000 & Co. 250,000 & of shares A exchange of the presently stock cf Arkansas Natural 3%% stock common the plan Period End. Dec. 31— 200 1,000,000 Struthers Holders class operating companies, if refunding mortgage 4V2%' 50-year gold bonds due July 1, 1961, sufficient in amount to exhaust $9,667 now in the sinking fund, —V. 169, p. 593. ry. 300 Gundy & Co., Woodard-Elwood and Service and will Co. stock. common if up Net 100,000 2,000,000 Inc. the Gas value par of Bankers Net Smart & Co for Gas stockholders A Aroostook The receive 84,447 shs. 180 500,000 Witter share §479,511 shs. 100,000 7,800,000 Stubbs Dean class one companies, JS1,697,192 shs. 1,500,000 Inc. Weld Cities stock preferred Natural shares of 150,000 shs. : 250,000 Gibson business. new Natural ci: Louisiana $23,000,000 7,600,000 600,000 shs. 43,000,000 shs. (no par)— Sills, Fairman & Harris, Inc. 1,500,000 Co 3%% Arkansas new about 91,000 par) (no $1)_ reserved 4,800,000 I960— 2,750 Becker Security 150,000 Walker SEC. $27,500,000 fixst mortgage bonds and The Gross $15,000,000 1965—— 10, Inc. Corp._ 7,800,000 Noel Corp. 500,000 Inc. Arkansas out, FINANCING) 250,000 Securities the the over will absorb It, dilative preferred stock In the amount of $10.60 par value of the now preferred stock far each share of the present 6%. preferred stock. Holders of preferred stock who wish to dispose of their new stock will be enabled to receive payment at par or $10.60 per share of old preferred stock. If the plan Is carried obligations, pfd. stk. the stock Maynard 1,500,000 Co. G. G. A. The Co., the common of take Arkansas new merged into Arkansas Natural Gas Corp., provides cumulative new a Atlanta & Outstanding From Moore, Co. reduce /or of such funds plant and terminal equipment Debentures 750,000 & 6% for Preferred Shares— 1,000.000 Inc to some of principal amount of the debentures and preferred stock by each of them are as follows; Co.— Co., the common present further plan standing the 150,000 & Freedom- $15,000,000 Jan. UNDERWRITERS—The Co.„ Inc. Van to preferred are common debs., stk. involuntary & Taylor Strader, Stroud by of Corp. each will Co. the Co. to current liabilities. pay developed, 1970 purchase (par and § Excluding Staats R. (1) for figures. Corp. indebted¬ $1,113,468 of balances, expansion or transportation due conv. stk. $5 Lehman & 1,000,000 Woodcock, Lane, Space Co., Johnston, Lemon —V, Co.—_ 350,000 150,000 Weeks— 3,500,000 Hilliard B. J. Hooker 4,500,000 500,000 1,500,000 Co. Webster Co._ & & 1,000,000 500,000 & Co.Stringfellow Shearson, Hammill 3.500,000 Harden, 150,000 Reinholdt & Gardner Scott cum. share W. Christensen, Inc.—— 250,000 W. Pressprich & Co. 3,500,000 R. Wagenseller Co. & (Inc.) 500,000 Perrin,. West & Winslow, Inc Union Ripley & Co., Inc. : 4,500,000 — & Co. 150,000 Harriman Jackson Webber, Curtis Co._ & & Co. Underwood, Grant-Brownell Co., 250,-000 Sweney, Co & Turben & Co._ 1,000,000 St. Louis 150,000 7,800,000 750,000 & 500,000 Inc 500,000 7,800,000 Forgan and (GIVING serially pfd. cum. Juiien Co Goldman, Sachs & Co.-Goodbody & Co Giore, 150,000 150,000 Co.—__ William Co. Folger, Miller & Co. Marks & Reynolds Co.— & Co. Inc, 500,000 Co Co._ & of First The 500,000 2,000,000 & & Peters, Writer & 150,000 Co. & Clark Fafcey, Fauset, Corp.— 4,500,000 7,800,000 & Paine, Co., Luc. Esiabrook 7,800,000 & J. Wm. 1,000,000 & Co. 350,000 Miller 750,000 350,000 4,500,000 Emanuel, Deetjen 7,800,000 Masten & Co.— & 350,000 2,000,000 E. bearing Aimstedt M. Mason-Hagan, A. debs., skg. fd. American 7,800,000 150,000 Co.— & Lundborg Maynard Securities Dominion definite properties, 3% 750,000 Co. & Corp. severally Metropolitan 250,000 Dillon, Read & Co. Inc. 7,800,000 Dominick & Dominick_ 2,000,000 Drexel $1,500,000 Co.; receivables and fd. shares of Brothers Merrill, Pancoast The 1962; provide " 500,000 Co Higginson 250,000 R. & Co.— 250,000 750,000 Co & following due of the the of will (2) and necessity for borrowing funds and skg. ♦$1.20 350,000 Inc Co., 500,000 2,000,000 1,000,000 Co have Co. & Freres Irving 2,000,000 Sons Sherrerd—„ & & Mead, 350,000 Clark, Dewar, Laird Lee 150,000 & Oil Aetna Co.; no Common offered conversion Kinsley & Adams Kirkpatrick-Pettis Co. Kuhn, Loeb & Co Lehman & Juiien Courts & MacBride, i & of Oil the ♦The $200,000,000 Peabody & Co- Laurence Carroll the from the preferred applied of 75% stock A which Gas while part Gas stock accepted is almost class Louisiana assets allied and common SEC . 9 Kidder M. 1,000,000 Sullivan Brown W. A. Kidder, 4,500,000 — Butcher Kalman Inc. Co. Co., Inc. of be the balance of such net proceeds, aggre¬ gating $6,925,958, will be added to Ashland's working capital. Of the amount so added to working capital, $1,883,747 will, restore treasury cash in that amount paid for 45.53% of the capital stock of Aetna Oil Co., which was acquired by purchase. Some of the funds added to working capital may be used to carry additional "$5 125,000,000 upon Jones 1,000,000 Inc 7,800,000 B. Bonbright Co. Alex. Valvolin'e A. H. Simmons & of indebtedness to sell to them below the $200,000,000 forth T. Co., Bosworth, Lee set Lazard Co., Inc. Bartow to debentures agreed has 1,500,000 750,000 Co & Robert Inc. Strudwick. & & Anderson A. 3,500,000 250,000 Corp. Bache loan maturing 200,000,000 below named company $8,100,000 Morgan Stanley & Co. Allison-Williams Co A. fund company cumulative $5 are Tankers, Inc., due to 1953; $295,455 of 3V!i% instalment subsidiary Lakeland Tankers, Ltd., due to 1955; $1,962,577 Non-int. 90,000,000 of issued been underwriters the severally in the respective amounts principal amount of debentures. Aimstedt retirement the to sinking the by of Allied-Ashland 20-yr. 160,000,000 175,000,000 200,000,000 35,000,00 shs. 125,019,894 shs. amount the the the Arkansas Fuel Oil present Arkansas Natural it of first purchase money mortgage on refining facilities purchased from the RFC due to 1957; $2,238,03g of 3%' instalment loan of subsidiary 3% debentures. of purchase to shares expenses, Arkansas distribution with with distribution, pipe lines and ancillary gaa producing and marketing properties and other oil The plan a gas 4% per principal shares these UNDERWRITERS—The agreed 3\'a% be , received 30,000 an its and Corp., the December— 1950. for 155,456 $10,859,767 that share. be to and annually purchase may Authorized value par benefit the retire to extent 140,000,000 17,049,541 authorized and unissued shares conversion of outstanding debentures. By Dec. 16, 31, of $3,600,000 CAPITALIZATION —. . debentures sold have will 271,168,300 1961 debs., due June 1, 1987— 200,000,000 21-year 2% % debs., due Feb. 1, 1971— 200,000,000 Capital the facilities. 267,544,900 debs., due Apr. 1, 1982__ 200,000,000 debs., due July 1, 1986 125,000,000 35-year 2%% $100 of to per proceeds debentures extent ness: debentures, 30-year 2%% debs., due Dec. 1, 1970 140,000,000 25-year 33a'/r debs., due Dec. 1, 1973 150,000,000 30-year 2%%. debs., due Oct. 1, 1975^_ 160,000,000 35-year 2%% debs., due Oct. 1,-1976— 90,000,000 35-year 2?4% debs., due Aug. 1, 1980— 175,000,000 and the issue the after deduction of estimated producing debentures, and 1970 calculated year, price of $100 a the of stock, next be used for the improvement facilities, for the acquisition of 166,240,900 June 15-year in may 1957 convertible of PURPOSE—Net sale Although $ $ 20, 1959 convertible 2%% 2 % to up avoid Authorized Outstanding due beginning inventories 1949 30, debentures, convertible 2%% due Dec. 15, 10-year 3Va% 10-year also additional and mature a fund, from gas and will debentures new sinking.fund beginning operation in 1955 and designed to retire 90% of the issue prior to maturity. The $5 preferred will have a 3% annual sinking fund which begins operation next year, and a purchase the subscription Offered—Public offering was made on Feb. 1 of $15,000,000 3% debentures and 50,000 shares of $5 cumu¬ lative preferred stock (no par), the debentures at 101 Vz and interest to yield 2.90%, the preferred at 98 and divi¬ dends to yield 5.10%. Heading the large group of under¬ writers is A. B. Becker & Co., Inc. Of the preferred stock offering, 20,000 shares are being sold by three The First Boston Corporation. Corp.—Proposes Segregation of t of properties. gas natural latest 357. p. Ashland Oil & Refining Co.—Debentures and Preferred Stock Gas has filed company The Telephone American Natural separation cumulative authorized ize Arkansas Properties— Jan. 30 requested SEC authority to increase its preferred stock to 700,000 shares and to author¬ on company Monday, February 6, 1950 Plans Change in — Capital Structure— ican President, on Jan. 29 announced that this com¬ pany has now acquired more than a majority of the outstanding, capital stock of Spreckels Companies, including the 150,000 shares which were purchased earlier that month from Blair Holdings Corp.—V. 171, Joseph & COMMERCIAL THE (554) Co., 150,000 & Co 575,000 900 Co 150,000 300 & Stroud •& 200 Boyce— 150,000 ; Blosser White, 180 120 150,000 Inc 300 Weld & 120 80 575,000 900 575,000 900 -50,000 120 80 ry. Net ry. —V. —V/ 171, a. 358. opers. $ income—- fixed charges. Bath Iron Works - ' •UL-k. par V. $ 4,437,400 63,350,441 2,397,241 27,887,361 75,969,221 43,110,013 1,013,752 6,869,827 22,158,295 171, pp. 101 and 461. The Wil.son-Trinkle- Co. oper. after Net ; 30,061,176 5,919,951 2,797,043 811,827 revenues- from rev. 1949—12 Mos,—1943 31,253,801 356,708,017 400,190,447 600 _ 1 oper. 600 - Corp Co Railway 200 50.000 Month—1948 $ 600 100,000 Company Securities 900 1949- Period End. Dec. 31— Net & Sweney, Cartwiight & Co Union Baltimore & Ohio RR.—Earnings— 600 Staats R. Bros. Straus & Barney William Stein Wagner stockholders value of the 171, p."190. " will Corp.—To Increase Stock— vote common - April stock 17 on to $10 a proposal to increase th® per share. Sen from $1 Volume 171 Number 4879 THE Ry.—Earnings— December— irom Net from Net ry. From •Gross Net ._|.^4£9n_ railway— from ry. —V. 8,487,079 1,496,297 1 directors Jan. on 24 that H, the at the Beech, that total Bonanza, for were the during will close backing sales period with 8,885,847 8,436,156 3,512,1 '8 3,689,779 "1,894,011 1,785,783 recent first paid six Feb. He is ol of its the unveilings reported of the V. new sion for will Jan. on authority Proceeds p. to be 31 asked the Interstate used $2,832,000 to Bendix Aviation purchase of Gross Diesel ry. Net Domestic —v. 1 <0, Commerce trust ry. ry. -• '• 1 643 375 1 347 5->G ',!35,434 '254 148 662*213 ' 9 931 654 408 p. 460 419 ' 102 d , 1949 ' railway Neti W- Net 1947 $ik?59r *40)313 *67)368 —. —V. 31,086,781 11,280,742 Jan *100,093 $5.24 $1,308,438 $714 850 111 255 *268 593 20,'536 406)679 21,529,703 5,406,680 26,415,941 22,891,463 10,108,082 9,740,645 4,027,656 7,580,819 3,115,673 20,631,969 ipar $1) from . 4,683,886 Net ry. . to in the shares. 1804; 166, V. y 171, SO, a, (E Rriiee & To Gross Jan $2,645,525 'Net 430.217 607,186 271,621 Net 276,559 215,299 *144,567 Net 271,241 37.805,610 3,136,157 fncdtne from ry. 1949 1948 1947 $469,048 $386,830 $297,595 231,398 ry 32,378,264 2,513,007 2,029,762 *361,985 1,414,057 2,307,431 Nef Gross 109,851 135,414 oper 101,733 28,584 from ry., oper. 171, 5,027,386 1,650,997 4,677,813 1,403,877 764,066 650,225 income— 190. p. 3,826,987 ry. stock and receive the common 1, 093,283 to o,A . \ , , . onp income Jan. cumulative Dec. ry. share per (par stock preference (par convertible preference stock stock ($l pur) 170 i.u, discretion of the Net provision for for 28 the 1, 1949, disposition 0 years (par or ry. Net 0per. board la,lway Net of 244,041 ' '■ • $2,475,899 '^5)082 from of ' 8)529 $2,677s,638 1- 2582. California Water Service 12 Months Ended Nov. 30— Co.—Earnings— $1,918,573 ' ' 171 '559 755)483 '523 880 727,'733 {Jef " rv J* 4,09o.429 20.901,113 18,209.995 Gross 1947 $878,598 175,180 ' 89,865 24,547 165,671 10,561,435 / ■Raianpp Interest ; ' mid ' . Net before other income - 50'3j3 $1 159 313 •527)547 462)713 deductions—111:::::::::::: —— — $853,608 $574,543 — 170, Tbp 154.339 '—~Z—T Balance —V. $696 615 279,065 ——-- stock- p. 2222. I Commercial William Dana and Financial Chronicle : I T7 $541,776 ... (Reg. U. S. Patent Office) 443 417 * 365 663 529*732 464 439 000 OCo o, onn 54.x'l69 .,oc n-0 o,488,149 3,40..3a3 1,960,144 1,625,2,8 92.,o5b & Texas Pacific 1949 1948 Ry.—Earnings 1947 1946 $3,101,193 $3,530,473 $3,241,213 1,141,330 $2,574,703 1,359,237 1,153,179 596,034 567,094 791,563 548,470 296,442 36,180,454 11,729.323 40,272,864 14,033,591 34,854,625 29,8:9,580 11,441,453 6,224,560 Jan. l— from railway 7.178,061 8,32,,252 6,133,843 3,805.497 npnafnr 2,121,926 1,646,722 324,728 743,796 942,321 439,635 in *427,059 1.950. $103 be if caiiabie thereafter, the share of 1 and of sum preferred the at Dec. redeemed 1) in $100, option and of the company, on dividend by the payment of $105 if redeemed 1951, $101 no if redeemed for the more, stock. in 1952, redemption of proceeds ' . to are be used lor . , in connection with .. $37l " 1943 $105 040 91727 1947 $49r 701 qR325 98,3_o 91-'27 changes „ 1946 $365 887 113 113, 768 <68 full-automatic-dial / 534,053 5,110,996 1,009,657 93,579, ; 227,543 533,243 4,522,897 depth 716.685 229,503 360,680 13,080 3,747,876" - purchase of telephone of ail 135 S. Seibert, La of 5,700 feet. of first . tial gas It clay. a produced The producer, which production of new was the wall its is brought in five welis fifth natural The, well irom No black one-half near the mile well gas 106, shale was at southwest town of its cm drilled 540.000 Nora. thus to cubic of the Poten- far completed by this corporation which is controlled by Pittston Co., is estimated at about 5,000,000 feet,of natural gas daily. All the wells have been —V. 171, p. 190. capped. - hcubic assets of the .Fund on Clinehfield RR.—Earnings- Dec. 31 last were the largest in its history, amounting to $28,407,000, including unrealized appreciation of $6,308,000 investments. Net assets on Dec. 31, 1918 were $22,960,307. Net asset taking on the portfolio Dec. 31, at . 1(0, p. value, 1943. was Net $14.99- Neb • ^ hisjory. market December— Gros« ™ 2434. ^ ry. „ „ , • A . 'Gross 1949 „ 1948 from —v. 1946 From ope1'' inccme— Jan. 1,739,12C 2,097,403 7,710,793 3,108,039 T:he from railway—217,996,503 241,363,651 221,179,011 195,925,665 Net from^railway——-—_ 50.730,859 73,475,641 Net- ry. oper. —V. 171. p. William income—_ 102. -'71,182.667 19,620,338 32,737,495 56,674.993 31,780,908 703,031 $1 438,356 683,874, 372,875 16.668.785 19.312-071 17.643.967 5,951.586 13.228,935 7,654,219 7,681,034 4,896,864 5.424,417 6,850,014 6,826,248 4,490.137 railway 190 • iL'Sff , . 098*422 446,964 " . . . . Corp., Silver Spring, Md.—Files With Securities Exchange Commission— 1,381,555 1— . Gross 760,413 income Coastal Finance 3,260,674 19^6 $1,750,579 484,163 , p. ' 1947 $1,427,608 769,223 oper.. i-comc— 171 - railway.—_ $17,424,287 $19,821,229 $22,791,248 $15,671,130 Net from railway—__ 4.373,078 5,729,603 £rom Nctr ry, . 1947 Jan 1948 $1,697,479 „ fromMilway__- Grqss . Chicago Burlington & Quincy RR.—Earnings— 1949 railwav railway.l oper. From ^ Net . from from SEC corporation covering offered 26,991,098 at par on 10,000 ($10 Jan. shares per 27 of share) filed 6'7> and a letter of cumulative 5,000 notification preferred shares of with stock, class 10 A B. ~ be made the be common (par $10) at $15 per share, the purchaser of each two shares of preferred stock being given the right to buy one common share. No underwriting.. The proceeds will be used to "buy small-loan receivables. stock Salle ex- Clinehfield Coal Corp.—New Well Brought In— feet 4,436,282 the the company's conversion service.—V. 170, p. 1800. The corPoraticn has brought in acreage in Dickenson County, Va. 779 93 579 1— to Dana Company, Publishers, 25 Park President; William D. Riggs,- Business Place, New York 8, N. Manager. Published twice Y., REctor 2-9570. a week St., Chicago 3, 111 [every Thursday Herbert D. Seibert, Editor and (general news and 'Telephone State 0613); Publisher; BF 1 Drapers' """ond-elass matter February 25. 1942. advertising issue) Gardens, London, with a statistical E. C., England, c/o Edwards at the pest office at New issue 0:1 Monday). Other & York. N. Y.. tinder the Act of Smith.- Copyright American Union, $35.00 1950 March per year; in Dominion of 3. by William B. Dana Company. 1879. Subscriptions in United Reentered Canada., $38.00 per year.1 Other States, U. S. Possessions .Territories and Countries. $42.00 per year. 'NOTE: On account' of the Members of Panfluctuations in the rates of exchange, remittance for foreign subscriptions and advertisements must offices: and each * • Net Net ry' . _ preferred 863 847' o,940,0j8 Chemical Fund, Inc.—Net Asset Value Higher— Q— $1 381 155 1946 $2,397,860 759 968 1,232,444 Tne stoc;^ wil] 8,275,998 3 December- — on $1,108,975 13'124 . Dividends „ $1,368,032 deductions ' —0 Ry.—Earnings 1947 $3,064,990 1— paying dates (June 9,469.623' 1,424.983 . '** Omaha 1948 on QtnpV lelepiione CO., DecatUl, Tnrl IllCl.—btOCk UtfeiCd—company IS Offering (to residents of the State Of Indiana only) 3,000 shares of $4.50 cumulative preferred c+nrdr at nar npr chirp) st<9cR Thic iccim iirac initiullv fPW ($10U per Shaie). 1111S issue was initially offered to the company s common stockholders. 122,991 270,692 railway. Net from railway. _r_: Net ry. oper. income-— " entire $3,058,859 . Nc' ''v- "her. income -V. 171, p. 3. $774,620 264,400 9.741.376 ._. - mortgage 525 996 'Net-from railway— 1946 $958,435 1949 3 first company's funds, provided for From - • _ ineTmr""' p the ine Faminu? 8 - ' $994,376 from 171 & 1949 Gross from railway Net from, railway...— Net ly- ''P61'1 income . 6,663,711 2,204,813 3,082,962 . 61 ' Zs Y, ; 736 1948 incjme— From Jan. constitute *' p: equipment 1 will N. $55,000,000 $2,768,046 income— oper, 1 . operating income Non-operating income • railway To oi income1 bonds6 now1 caL7fPor payme-H1 of railway—. Jan. York issue A. Alni'Vio 4,425,1<2 653',6l4 359.994 p r, New an . _u Inn $5,204,404 4.(20,973 • , 16,033,852 Net 110m. lailway $1 399 954 6,480.288 y' . . Co., Cincinnati New Orleans 8,076,954 idcome— oper- compared with $12.73 1943 $6,089,005 taxes, 37.06 i.284 . December— $1 640 609 8.019.940 railway— value, 1949 — and expenses 46,862,008 21,255,374 ^et ry oper income— con- on revenue , '358. p. f,aI„y 565,So° $2,194,925 , from Netry, v ! from - 1946 10,382,352 Rv • N^'Tron?^ilwav^V $2,484,423 482,713 deductions Operating Operating and 1947 6,046,178 Gross, from railway.— Net from railway Net ry. oper. income.— v ; $33 644 500 • $2,682 720 A income p; Net been 1949 • 1948 244 ' 674 __ income' 170, payment 8,472,202 Vprmnnt "Deficit.—V. 6,051,932 _ ?—V. ap- had From Jan. 1— ■ $8,771,872 ' Net 1944 102. p. December— 6,913,502 ___ operating income. income (net)* __~IIII 'ncome of Charleston & Western Carolina Ry.—Earnings- ■ Gross and 551 403 11,184,721 'Gross from railway.— 1,346,889 1949 taxes_________ electric plant-.— " .... M & Trust 171,' 1.—V. Gross December None $9,840,896 and 54,241,884 21,891,753 19,834,692 Pitiypnc Tplpnhnnn Tn Earnings— __ Other refunds leaving certain options directors.—v. 171, p. 462.' $1 688 222 '417 634 589)537 income— ... .15,000 87,933 revenues expenses lease » Net April income taxes by the this T, 12 Months Ended Nov. 30— 1,331,882 Convertible Income Bonds— December— 1948 $1 370 645 oper. .income... 171, , Operating Operating 3,759,914 *353,528 Gross that 1943 1— rVntrnl 60,000 1,399,501 from Net W—V. Net ry' 74,288 i— . 1948 60,000 $20.) 2,223,989 Vfw2J9!' ^her with treasury for''the and Pennsylvania—Earnings— railway railway Gross Irom'railway;... W -.75 ot Shares (par $20) California Oregon Power Co. Rent for 41,896,469 these funds, 1949 From Jan c„ 104,963 $50),— 3,697,33'. Chicago St. Paul Minneapolis announced anticipated of company's from from Net - 104,963 2126 u p. Oct. on a the Gross annual 1949 $50)— stock Common —V v. - 1946 $14,064,009 4,820,358 2,130,638 1,634 364 income— oper, riom . 31— 1947 5,219,880 tax Central RR. Co. of in- Shares preicrred convertible 5.60'e at preferred stock cumulative tVzr/c 37,565,888 3,399,910 *4,923,101 over payment of Federal December March 011 'aS heTeo'S1c™Trtbl?at tte'rai conveitlble at the rate capitalization RR—Earnings— 1948 1— The company last month sold bonds- due 1980These . 129'oi6 * Jan. on affiliates t0 Prefer- Preference stockholders who desire to convert their shares should present their certificates to The International Trust Co., 17th and California Sts., Denver, Colo., before the close of business Feb. 10, 1950. Preliminary earnings for 1949, show consolidated net income of $1,895,794, or the equal of 92 cents a share on average common stock outstanding during the year. This is an increase of about 26'/« over the $1,506,229 consolidated net income, or 74 cents a common share, reported for 1948. is Pacific $14,671,964 $16,381,076 $1G,823,861 orJA Chemical *19RR1Q 2 refunds had been made in March, 1947; Mr. Moore said,the Plan of Modification, under which the 1 rom company emerged ... shires Eelow 42,736,240 Refunds neiunas Mocre, President, tained of stockholders' cents • 194S $2,705,833 $nq , Application-for the 67,714 dividend payable next, Albert Cage, President, said in response quiries. Payments 011 the common are on a 60 $3 4.513.078 *3,885,791 company and its received recently. and 5.60*7 convertible preference stock (par $20) last dividend on Jan. 1, 1950 may convert their shares the into common lo I7 *77l'216 5'/a'3, who received $2.50 3,329,865 *4,667,142 bankruptcy of & railway.—3,752,542 oper. • income oper. proximately $2,000,000 far ^ shares ' •'* $3,298,687 Aqq^TS *806*999 36,970,009 Receives Tax Aeeeives.idx . ba^£' $3,535,008 r?r railway____ railway__r from E.'.T, 3,221,436 923,149 185,667 California Electric Power Co.—Conversion ence Stocks—Earnings Show Gain— Holders 121 *521439 from Net 35,693 ' railway railway.. Net Net -V. $3,020,714 " income . 84,962 38,888 from 10,693,790 1949 railway Calls 4M> % 190. p. From Jan. i- Gross $296,566 income— From Jan. 1— 10 . from' railway.— 184,656,845 197,404,990 178,070,614 159,932,402 Net from railway—— 49,288,616 1946 oper. 'Sffl lEM TS 010,400 8,458,006 2,782,679 1.90 p from From 31,703,424 4,926,922 214,102 'Deficit...) railway.— railway—_— from 1946 Gross railway rahwav ■ f Net Net Netry. 1947 1— oper. 171 Gross 1946 $3,169,527 34,866,067 from Net Burlington-Rock Island RR.—Earnings— from 1948 .— Chicago Rock Island 1947 ^ ' Gross Earnings H-arningS 1949 December— 1948 a . December— Western ivy, W"»ieill Rv „ as ">ppnnrlarv A t>ruce & QPrnnrloeconaary Offprinpui.ienng—A secondary offering by Paine, Webber, Jackson & Curtis of 2,000 Shares (par $2.50) at $19 per Share made on Jan. 23, less a dealer discount Of 40 cents per share was quickly oversubscribed.—V. 170, y 2126. p. - 1946 A Trca^' bw A con^nue and' Present L) 1947 . , *»d ' 238,021,260 254,982,710 231,478,568 201,180,111 35,909.433 44,706,123 45,343,400 29,356,848 10,939,286 15,514,415 ic.8i2.i76' 13,346,398 & r $3,201,159 income.__ oper. 019100 lWo96 RR.—Earnings— from Net. ry. No Earnings 1— railway^ railway 'Deficit.—V. railway railway oper. income— 367. p. 115,310 Jan. 4 2'388'828 ' 1948 trJrjgSZzz authorized 1,500,000 p. $2,847,882 from„ ry. increase an shares 1949 railway Net from Net Braden Copper Co.—New President— Ry. income.__ >>an & Pacific 1949 — . . _ oper, From Gross * 600,000 _ iOK railway $14,261,888 $15,805,939 $15,682,189 $12,851,436 Nefc from railway 1,584,301 2,26.6,294 3,437,784 1,999,075 Net ry. oper. income—i. 1,082,741 608,753 1,157,663 1,404,028 . Central of Georgia 27,105,784 q 3,598)774 . financing is contemplated.—V. 167, I 31,325,024 7 uw 2)666,416 December— 18,419,166 ' 1,163,804 35,689,758 North VUicagO «5 INOlin . to stock December— 2. 1,883,166 306,408 32.291,331 income— "Chicago Gross Gross" from .railway.— *' 15,770,418 4,094,105 7,828,302 27,000,178 ■* A'' 179,484 $ 31,077,318 363.252,094 355,249,702 29.194,152 342,620,125 336,830,536 : The ioar *348,888 $ 244,216 554,494 3 u 1<1, P- 1949—12 Mos,—1948 $ 807,279 Jan. 1— . immediate $1,298,660 income— $ $2,414,977 329.315 railwav from ^ 'T 1949—Month—1948 30,115,851 1946 $2,986,156. 606,289 from *1279*470 1,2od,47Q. 167 794 1,167,794 1947 816,142 from 2»*«nS *1 1948 $3,251,663 2_ railway—. $18,390,372 $20,934,495 $21,729,316 $17,038,646 fW>m rail)Vay !'992A14 2>847'81« 5-393,571 3,244,184 ry* °Per' income--x 351,731 854,263 2,393,<84 1,301,980 From °entra' Erka Minlnt c#-St0Ck Increasedstockholders have, consented $5 33 67,048 237*052 1,237,052 *1 2. p. 2'5?? qIJ ity.—gainings— Chicago Milwaukee St. Paul From 8® "11 — 2o1?9?rJ Famine 1949 December— Ry—Earnings— " "197,214 *320'597 ^52'fi74 1 1 oper. 171 Net . 171 * 2,285,042 $0 ofit <tqq 269 ' *61*307 *114,991 *367 204 Jfa7,204 earnings 24.641,104 1.001.18G 2,216,509 '689 $2,737,010 from'railway..— ry. —V *94,374 : Net 28.508,455 4,214,705 $2 874 151 income— °Per- from Net 1940 $193 574 $190 981 ^'Sm'Sw — 5,908,092 ' from railway Net from railway From *12)000 — 32,625,027 4,190,017 December— ' *60,286 income— earnings Working expenses 1 865 549 ' ' 27,812.088 1— Gross England—Earnings— 194s $212 885 __ 225,239 11 1 chicairn C/nitdgo Great Western Rv uieai wesiein . Gross Net from p. 171 Period End. Dec. 31— S 172,619 171, 1,564 222 222,463 railway railway * 1946 496,554 income— from from 1947 $2,811,132 348,049 Deficit5—V "l7°^n~~T02 " 11UU p' 23,012 541,597 Canadian Pacific ♦ 1948 - railway railway oper r rom Jan. 1948 $2,230,358 *30,403 16,733 *llo)764 income""" iy. oper, income.— 'Deficit.—V, 171, p. 2. 166, $1,419,917 "Deficit,—V. *49,434 1,204,309 n capital railway irom Net *2,772 61,122 . railwav oper. Net 102,495,665 17,655,026 17,847,609 6,568,245 6,566,867 1390. ry. oper. income— From Jan. 1— from $96,047 36,886 Commis- 182,674,462 ——a— Net Net $138,235 oper. Gross ;— —■— from Gross $159,034 1940 ? . from certificates. ^cembJ!1—r & Lake Eriieq4?R,~E?QriR"lgS~~1Q47 railway from ry. Net - 1947 From Jan. 1— # Net . 1943 112,402 December— Gross " Gross 1949 $85,185 income— V Net .from locomotives..—V. , sna.e.._______ p. Net Gross Canadian National Lines ill New 835 S pci * . 1— . Not Subsidiaries) L income taxes income taxes. Earnings interest. Gross deposits 1949 royalties, etc income _ RR.—Earnings— "railway—_ oper. . coin- . before Federal and par 3 RR.—Earnings 1949 railway railway from w i>t> . Jan. 'from ,, Profit December— Gross from Net _ & Indiana Net from railway..- Corp.—Earnings— (Including Wholly-Owned sales, recently offered to company as of Feb. 1, 1955, to an amount 1, exceeding from From ' equipment 20 Years Ended Sept. 30 Net RR., the to 1 , "Deficit ib»4. sale • stated Model the Chicago & Eastern Illinois Gross issue 1042. p. per JU 000,000 fiscal Beeclicraft Pennsylvania for railway Net from railway-,,.— Net ry. oper, income— out- that of noon 563 p . GrOfS Chicago—Plans Eauipment Issue— company CHRONICLE i first pointed ' out to up " „ stock- reqiih^Jr°ar™aspidng°deiive\defs —^ 17U, r70Chpiai694°r Belt Ry. of 161 Net backlog of firm orders with a requne The Treasurer general Cambria present to Board, approximately further 20c and 20, 1950, 1950. 6, Chairman of issued months Feb. on business dividend 599,865 October-November-December $3,088,747. the company the business and of quarterly on the be of the a paid President company's quarterly cident —y - Fox» tenders of mortgage A'.'c bonds due Feb. sufficient to exhaust $24,320, at prices not 323,944 1,692,426 voted 45c dividend record Walter and The year. I95Q- Corp.—Declares Quarterly Dividend— making a total of standing common shares fiscal D- receive December— share, holders of p- y. • 4. The ^A949 3.818,314 190. p. 1 Beech Aircraft FINANCIAL Cambria & Clearfield Ry.—Tenders Received— .So04.4t.4- r'Aroi 101, <91 9,817,614 3,904,623 Income— oper. 171, 1 <0,2,>o 1— railway A9,4.!,-,, 8866,454 - 451,420 188,424 1'rgQPURailway Net $9 <-,625 468,656 income-— Jan. ( $7 <9,095 railway oper. & (555) Beaumont Sour Lake & Western uross COMMERCIAL in New York funds. 4 stock time prior to the at any edting G^s'^rom Nrt ry. 2,029.361 1,500,492 Oper. 12.767,159 2,592.968 699,039 13,752,371 2.728,923 13,272.896 railway railway-.-.-income.: fl-om Net $1,438,955 , 493,531 145,08( 826,776 124.81o 5,(29 rights 11,170 291 & Worth * ClUet:Connecticut bearing Inc. $5 per valuation of assets. last April approved a pany's financial structure to reauce booii ment and reduce par value of outstanding and revise W. Clark & Co.— Inc.- Burr, & Paine,'. Equitable Securities Corp. Shields & Estabrook 1.08 3.15 2.15 Net Dec. ———— 31, above NOTE—The of $195,800 2128. 170, p. ICC oil Jail. stock common chares, statement lor year $6.52 $6.8. includes charges for depreciation aijd 1949 and $203,900 for year 1948.— Inc.—Stock Split Voted— shares 15,000 Freighlways, Consolidated The $681,900 at stock outstanding 1949 (99,916 shares)— share: of per depletion rf 445.000 : profit Earnings V. taxes, income Federal — (net)—— 3,1Sqo!i 463,000 $651,300 deductions Other J?!8.,™ $4,356,300 3,4??'S2! — expenses——.: and Costs 1349 $4,549,500 31— saies vjPt Glore, Forgan & Co._, authorized the company to issue 150,000 (no par) in exchange for the outstanding 19 effect a 10-for-l split. to Consolidated Gas Electric Light & Power Co. of Balti¬ Stock—New Director Elected— of this company will be split, three shares for (each present shdie, if approved by the stockholders at the annual meeting to be held in iwureh, and application will be made to list the new shares en the New York Stock Exchange, Wm. Schmidt, Jr., .87 3.15 .65 President and (Chairman said Mr. Schmidt the split should them more requiied oy business a company's , proposed Vice-President of The First National elected a director to succeed James L. Richards, of Boston, Who resigned after having served on the board since 1935. Mr, Emerson is also a director of the Maryland Casualty Robert Senior Emerson, G. of Bank has Boston, been other corporations. Co., and of seveiai CONSOLIDATED ACCOUNT INCOME Open & expenses taxes Wholly Owned Subsidiary) 1949—12 Mos.—1948 $19,053,352 $18,702,413 $73,218,915 $71,238,330 16,038.978 16,831,760 62,716,684 03,050,498 144,561 income i $1,870,653 $10,502,231 142,709 590.491 $8,187,832 629,536 $3,108,935 884,035 $2,013,362 $11,092,722 324,928 2,786,529 $8,817,368 1,936,035 $2,224,900 $1,688,434 $8,306,193 $6,881,-333 $2,964,374 Operating income - Weld & Co Whiting, Weeks & Stubbs— 1.08 Dean Witer & Co.— Wood, Struthers & Co unissued scribers the not company thereof. income - Income deductions income Net —— Earn, per com. share tm aver. shs. outstanding $1.24 $1.04 $4.92 $4.51 171, p. 462. —V. site.—V. new Profit' before Income to equal for year-end, per on the 1,005,159 shares outstanding. assets amounted to $19,141,435, equal share Show Lpss— taxes Kelley net to share. Anderson, the year of $1,173,828 was equivalent to payments totaled $1.15 per share.—V. 169, p. $1.17 per share. Dividend 1111. Underwritten— A group of 76 investment firms headed by Morgan Stanley & Co. is underwriting the offer by Consumers Power Co. of 454,457 additional shares of its common stock for subscription by stockholders and employees at a price of $34.25 per share. Stockholders have the right to subscribe on the basis of one additional share for each 10 shares of common held of record Jan. 31. Transfer¬ able subscription warrants will expire at 3 p.m. (EST) Consumers Power Co.—Stock Offering Feb. 20, 1950. Employees of the company and its subsidiary, Michigan Gas Storage Co., may subscribe by Feb. 17 for not more than 100 shares per person, subject to allotment, of stock not subscribed for through the exercise of warrants. on $9,000,000 of short-term bank loans and to finance in part the company's construction pro¬ gram on which approximately $76,000,000 will have been spent during the two-year period ending Dec. 31, 1950. '« BUSINESS—The company is the ninth largest privately owned electric and gas utility operating company In the United States. At the end of 1949 it served 623,000 electric customers and over 289,000 gas customers in a large area entirely within Michigan, including PURPOSE—Proceeds will be applied to repay . income Net Common per p. 170, sales loss *Net. At ——.—— from j — *743,870 83,106 operations—-———- — $15,601,582, totaled assets 1949 $5,846,887. capital working and ', \ into field new a products, and output, was announced .to stockholders. stores ment p. and reaching products," covered intensively .with out other field not previously a it reported was A. by President —V. Freedlander, L. 104. ; 17C, $25 amount. registration statement also covers an additional 183,615 shares stock to be offered for sale by the underwriters and to be principal The of common received from Gross from Net B These notes notes Net 1946 from from Net ry. —V. $3,797,400 734.507 462,577 underwriters 338,236 317,826 for sale 560,160 ; 44,407.360 12.085,489 6,823.954 4,049,367 income-— 7,356,928 5,815,382 4,093,098 by the issuer. public Lackawanna Delaware December— from Gross Net from Net ry. from' from 2,013,907 . from Net ry. from Net from Net ry. 1948 ' 1949 687,458 1946 1947 . $4,184,980 $5,703,854 1.851,947 877,871 $5,794,333 817,484 income 1,741,611 65,689,066 15,150,006 railway—— railway— 8,323,771 income- oper. 658,137 • 2,922,759 . 68,501,025 58,743,852 20,087,260 14,783,288 12,156,284 ' 8,330,813 Sale of Utah Fuel Stockin V. 171, p. 398, Bee Utah Fuel Co. -V. 171, Detroit Edison Co.—Plans Bonds The company announced on Jan. $35,000,000 of 2%%' bonds, after the p. ■ 54,363,959 7,842.283 6,324,996 ' 102. Issue— preparations, for an issue of pale of, which it. proposes to . call 30 the Detroit & Mackinac Ry.—Earnings— Gross from Net from Net ry. 1948 $169,403 39,900 •$143,592 22,278 457 railway railway oper. 1947 1949 $148,973 19,844 4,382 December— : income— *10,705 1946 $131,759 *2,910 *62,801 Gross from from 1,928,707 railway railway underwriting terms are to be sup¬ certain bonds, to be by the company from the -sale ef the applied to the company's construction bank indebtedness incurred have There been trust called redemption on Redemption— March will be made at for th>e and collateral 1,. next, series due 1974, at 102.40%. and interest. Payment the State Street*Trust Co., trustee, State and Congress- bonds, 334% . Mass., Boston, for sinking fund, $120,000 of first mortgage of the pro¬ ~ Eastern Gas & Fuel Associates—Partial account units for such pur¬ the Bankers'Trust at or Co., 16 Wall St., New Co., Pittsburgh, Pa, the Mellon National Bank & Trust or 191. 171, p. EI Paso Natural Gas Co.—Places Bonds Privately— fifth supplemental indenture dated Nov. 1, 1949, the com¬ authorized a new series of $12,000,000 first mortgage pipe line bonds, Second 3'/4% series due 1964. The company desires m provide for the deposit with the corporate trustee of additional sums, as part of the Loop Line Construction Fund provided for in the mortgage, and to perfect lien of the mortgage, as supplemented ar.^modified, upon certain' property now owned or to be acquired cr constructed by the company. • The company has sold privately to institutional investors $2,006,000 of the new second ■31A% series due 1964.—V. 171, p. 463. Under a has pany Electric Bond & Share Co.—Stock Sold— was recently announced that this company has sold 639,90C of its holdings of Middle South Utilities Co. common stock to its stockholders through the medium of a rights offering whiei* was concluded on Dec. 8, 1949. On Dec. 30, 1949, Electric Bond Share Co. distributed to-its stockholders an additional 150,010 shares of Middle South Utilities, Inc., as a payment of dividend. As & consequence of these two transactions, Electric Bond & Share Co. no longer owns any substantial number of shares of common stock: of Middle"South. (See V. 170, p. 2023)—V. 171, p. 191. shares Elgin Joliet & Eastern Ry.—Earnings— December— Gross from Net from Net ry. .. 1949 1948 $3,572,691 $4,070,442 1.324.078 railway railway— 1,038.566 369,360 462,275 41,821,213 46,307,238 14,488,551 17.948.951 13.572,759 5,870,389 oper.- income— .1946 1947 $3,680,795 873;072 146,465 7,758,991 ! 5,162,157 $2,596,457 723,45 2 416,764 From Jan. 1— From Jan. 1— Net and It outstanding $35,000,000 of series G, 3Vt% bonds, due Sept. 1, 1966, at 104 and interest.: Following registration with SEC, the proposed issue will be paid in March, the company said. The 60-day notice of redemption of the 2y2s.will be issued after the 2%s are sold.—V, 171, p. 4. redemption for are payment of 169, p. 2417. the —V. From Jan. 1— Gross received be to bonds or poses.—V. Sts., Western RR.—Earnings— $5,211,098 1,006.732 railway railway— oper. the gram York, N. Y., December— from 69,481,551 11,067.877 5,109,258 81.154,430 17,328,692 11,362,804! 8,322,247 22,581,582 7,178,193 Denver & Rio Grande Net , 91.426,345 80.476,508 15.490,779 railway railway- oper. income—_ 171, p. 4. Gross $6,151,811 1,491,606 936,138 $7,420,183 1,604,615 868,722 . 1,126,096 price 1969. and • ry. —V. 1946 1947 $7,558,776 1,474,676 734,379 income From Jan. 1— Net $6,531,719 railway RR.—Earnings— 1948 1949 ' railway- oper. Western & offering plied by amendment. The company's financing program also includes the sale to institutional investors of $8,750,000 of first mortgage pipe'line du« 3. p. firms The 60,179,755 13,665,416 53.088,735 8.247,591 49.697.987 railway— oper. White, Weld & Co. and F. S. MoSeley & Co. are named as for the units of notes and common stock to be offered and $4,525,503 753,952 income- railway- 171, Securities Corp. and Elder & Co. are named as the principal underwriters of the 183,615 shares of common stock. These $4,878,607 From Jan. 1— .Gross by amendment. be disclosed to $151,400 be the into are 742,714 631,168 railway oper, ry, to of $619,500 series A and by certain so-called "selling note holders." acquired by the underwriters for purposes of common stock. The names of the "selling note held now are $4,205,864 railway conversion them upon by series Equitable 1947 1948 a registration statement with the 5.20interim notes, series C, due and 1951, conversion , Co.—Registers With SEC 67,200 shares of common stock, $1 par, to be issued by the company and offered for sale in units consisting of $25 principal amount of the notes and 6/10 of one share of common stock. The notes are to be payable at maturity by delivery of 6.20% cumu¬ lative preferred stock, $25 par, at the ratio of one share for eacit 1, holders" 1949 on Jan. 30 filed covering $2,800,000 of company Commission ■■*' f _ our new foam rubber products through depart¬ similar retail outlets directly to the consumer, ' we merchandising "By are of trade-marked and nationally advertised diversification and broadening of its entire 2 by this company, in its annual report reb. Plants— below,—V, 169, p. 802. East Tennessee Natural Gas April ■ Enters Consumer Products Field— Entry consumer $7.14 share—. common 2128. —Plans Private Financing— The 31, to 219,3751,232,028 1,095.137 $3.02 . Piedmont Natural Gas Co. See profit. Oct.. amounted 1,095,137 2.053,382 . — — outstanding shades Earnings —V. 8.038.422 218,062 — — dhidends Commond 3,525,182 . — dividends Preferred 1949 1948 $23,523,342 $27,327,674 Years Ended Oct. 31— Net At President, stated that total investment income 1949 amounted to $1,256,409 representing a gross return, of 6.06% the average value ot assets for the year. Net investment income O. on per Trust, Boston—Assets Up— $22,268,585 at Dec. 31, 1949, net assets ol total reports $22.15 1948 the $19.04 for Trust . taxes Duke Power Co.—To Sell 10 Gross Consolidated Investment 108,636,897 5,670,257 12,647,943 2,H5,075 4,609,521 1596. 170, p. Dayton Rubber Co.—Operations Net S $ Container Corp. of America—New Plant— This corporation, through its subsidiary California Container Corp., has announced plans to establish a plant in Portland, Oregon. The new property will house equipment to produce both folding cartons and. corrugated shipping containers. Acquisition of property and installation of equipment will require approximately one year. Po-ding carton production now maintained in property leased from Columbia Paper Box Co. will be transferred to the 1948 1949 80,629,805 . Net This -Earnings— Industries, Inc. (& Subs.) Dresser Years Ended Oct. 31— 462. p. Proceeds Gross will be dependent in large measure upon whether or is able to acquire leasenold properties and the cost oj the company 2.15 in, of the initial issuance of securities, expected to ap¬ $2,199,993, will be held as general funds. Tne percentage portion of the notes which will be put to the sub¬ thereof from time to time and the application of the funds proceeds the 1.08 1.08 —V. exceed 15 in number, considering a group as include certain partners of Carl M. Loeb, Rhoades Street Investment Colp. and certain partners of State .65 3.15 Net Other .65 Higginsou Corp December— 1949—3 Mos.—1948 Operating revenues White, to be offered Dome Mines Ltd. will the stock is and Research & Management. Net 2.15 .35 3.15 & Co par proximate Delaware & Hudson RR, Corp.—Earnings- (Including The Maryland Counties Gas Co., a Period End. Dec, 31— of C. Langley & Co.—__— , split is authorized, holders of the common stock Nvlll receive two additional shares for each share held on the date the necessary amendment to the company's charter becomes effective. The company also plans to list on the New York Stock Exchange Its preferred stocks, deoentures, and publicly held bonds. the After ; — Street W. resulting from wider Lerchen at According to the prospectus, will and State 1.08 Noble & Co offered be to are share. individuals .will riot one," 3.15 .65 1.08 Kidder, Peabody & Co._; announced, on Jan. 26. company, popular price range distribution of the shares, make marketable, and facilitate raising future equity tne continuing growth and expansion of the readily more capital the of the that provide White, Investment Corp, Street per Co., Co.__ & M. notes $1 and .65 Lee stock common Watling, 1.08 - .45 .45 Walker & Co— G. H. 1.08 W. E. Hutton & Co .35 Co.-_ Anthony 2.15 Co. & Parsons Hornblower & Weeks Henry as purchase 1.08 Corp. Spencer Trask & Carl State The Securities Tucker, are company New York, and William F. Morton, President of Empire Trust Co.; Mr. Michel is Brunie 3.15 Stroud & Company, Inc Hemphill, Noyes, Graham, more—To Split The Miller & Co._ Hayden. the ■ Co.—' Co.-— Webster 3.15 Goodbody & Co Harriman Ripley & Co., Inc. Brunie, New York* Boston, Mr. is a partner Loeb, Rhoades &c Co.; and Mr. Morton is a Vice-President of Michel, W. $2,500,000 of the notes and 62,493 shares of the stock; Surplus Assets .Corp., a wholly owned subsidiary of Empire Trust Co., will purchase 18,750 shares of .the stock; and the remaining $7,500,000 of nole's and 168,750 shares of stock will be offered to a limited number of corporations, groups and individuals selected by the directors or officers of (he company. Such "corporations, groups Company—— & gas." listed and natural petroleum for Promoters .65 .65 Co..,— •Stone 3.15 drill at William R. Staats .45 "to 1950, 23, Jan. on .87 „F. S. Smithers & Co . Michigan Corp.-; Fordori, Aldinger & Co.— Canada in generally in the business of prospecting for, acquiring and developing oil and natural gas properties and pioducing and market¬ ing oil and natural gas in Western Canada." The company owns no property at the present time. It expects to "bid at the public auctions conducted by the Provinces of Alberta and Saskatchewan for so-called Crown leases, which leases grant tne rignt and privilege; to - Smith, Barney & Co Smith, Hague & Co First ot notes par. of & Shader-Winckler Goldman, Sachs & Co Year Ended Dec. Scranton Chas. 1.08 The First Boston Corp $1 organized of and Co.— Jonn R. Schermer 2.15 Co.— Ltd., Toronto, Canada— registration statement with the due Feb. 1, 1960, and 249,993 .65 .45 H. Schneider and Co.-^-i. 2.15 & stock, was a .65 Co, E. W. of $10,000,000 capital company filed 30 — &'Co.'i.-, 1,08 - of Clifford Sattley & Co., Inc Eastman, Dillon & Co Drexel & Co. (Western) Jan. on 3.15 V. .45 1393. —— H. Gilbert & Co $1.64 — engage & Jackson C. Roney & Wm. - — 980,000 450,000 $3.80 .720,000 450,000 - —- share Exploration covering The 1.08 .65 .65 .65 Company- —— Putnam - outstanding company shares .35 — .35 , SEc 3.15 Webber, Curtis .45 Co Donovan, Corp.—Earnings- Consolidated Cement Ohio The Tne Fenner Cook & Co Newhard, Young-Tornga Co— Dominick fc Dominick— reorganization of the com¬ values of plant ar.m equip¬ stocks.—V. 170, p. 1912. stockholders The Co Nauman, McFawn and Co.— 1.08 1.08 1.08 De 20 for p. l.OoO.OOO $739,786~L7lo,349 —_ ; —— —V. 170, 453,200 — — common z,.ou,3*J taxes: income — Dome 1,192,abb taxes profit Dividends paid 1.08 Beane & 1.08 Crouse & application, for authority to reduce the par preferred and common stocks to $50 share, respectively. The company has also asked the for permission to retire .abandoned streetf railway assets Net .45 Miller, Kenower & Co.; F. S. Moseley & Co Company & Co.— Dodge Federal for Prov. 1.08 .65 .45 (Inc.) Clark, outstanding $100 par (Commission Republic Central income before 1848 $7,950,450 $13,428,463 —— Registers With SEC— Company & /■ 1949 sales Profit .35 .65 National Corp Central E. & McDonald-Moore .35 —— 9,089,340 3,251,626 1,854,160 Years Ended Oct. 31— Net 1.08 & Co.— Marks M. „ 102. p. per Manley & Co A. Merrill Lynch, Pierce, Co., & McCarty 171, __ income. shares & Co. Rhoades & Co. .87 Butterfield & Co.—_ Campbell, 13,016,059 ~ 5,417,618 3,127,408 Divco Corp.—Earnings— .65 McDonald 6z Sons 15,917,036 6.814,577 3,616,808 15,049,255 5,478,361 2,812,861 „ railway- oper, Earnings Co. Laurence Co., & Livingstone M. Loeb, .45 H. H. M. .35 3.15 Sullivan R. ic .35 Smith & Co Brown Coffin Commission bus set Feb. Public Utilities & Co., Inc. Inc. Alex. Reduction in —V. MacNaughton-Greenawalt Bosworth, the company's' on value of the thd Lighting Co.—Plans & 1.08 W. Baird Bennett, seeking authority further purchases. Ry. Carl Blyth & Co., Inc the $500,000 au¬ $736,000 bonds at a In view _of tLe slightly above pnees of Connecticut S. 1.08 Baker. Simonds & Co previous tender which expired Jan. 18 thorized for the purpose was used to purchase average price of S3(.883 per $100 principal amount. Sarge amount of bonds tendered at prices bonds purchased, Fort Worth & Denver City Ry. is to expend up to an additional sum of $500,000 in. —V. 171, p. 190. the Under Lohman 1.98 Robert $31.95'fixed arid motived or bfcfoie i.oon ry. 3.15 Brothers 6.33 Stanley & Co._ Allyn and Co., Inc Securities Corp.— American per $1,000 principal amount, plus interest to Feb. 10. Offers must be Denver City Ry. Co. m Chicago, HI., on $680 at contingent from Net Common C. A. of Bonds The Fort Worth & Denver City Ry. Co. has issued ^ sec<Jn^,n0^t^ lion for tenders of general mortgage bonds, JueJ98°' " , ^l0Ua£° iz Southern Ry. Co., parent. Holders of bonds are iJjsd to offer them Net Pet. Morgan 1,459.015 21 , 411,787 $869,640 283,951 175,821 "" 413,638 ' ' 207,165 railway- from Gross , employees; by cr Pet. Invitation for Tenders Second ry. 459,983 $1,169,644 $1,467,106 From Jan. 1-—, $113,825,000" * 81 25,000,000 —___ 8,100,000 ,' 1,000,000 shs. J547,788 shs. (200,000 shs. 6,000,000 shs. 4,999,033 shs. UNDERWRITERS—The underwriters named below have severally agreed to purchase at the subscription price, the percentage (adjusted so that no underwriter will be obligated to purchase a fraction of a sharei set faith below opposite the name of each underwriter of the 454,457 shares of common stock not subscribed for by the exercise of 1946 1947 1948 $1,164,158 398,555 154,150 $1,182,902 372,729 62,209 railway Net from railway Net rv. oper. income— from Net 1946 1947 717,283 $1,227,279 433,363 „ railway—LL oper. income- from Outstandings. Authorized railway- from Net 1948 1949 December— FINANCING) TO PRESENT bonds— 27a%> series due (Sept. 1) 1975 21b (r series due (Sept. 1) 1977 Notes payable to banks. Pfri. stk., cumul., without pur value— $4.50 preferred —— ) $4.52 preferred-. :—.—) Common stock, without par value.,. expiration, of the offer. Guar¬ Co, of Georgia, Atlanta, are receiving class A stock for 1949 December—— Gross Detroit Toledo & Ironton RR.—Earnings— ,\ ; . mortgage First Ry.—Earnings— Colorado & Southern and more populous sections, except area, (GIVING EFFECT CAPITALIZATION Trust Co. of New York and Trust as agents of the corporation in exchange.—V. 171, p. 462. anty Monday, February 6, 1950 CHRONICLE * Gross jporation will issue one chares of class A stock to-3 p.m. tEST), March 9, 1950. The exchange ofter, originially scheduled to expire last week, became effective Jan. 25, 1950, in accordancewith its terms. , Holders of the class A stock still outstanding may exchange it for common metropolitan Detroit Tho extended the period during directors on Jan., 30 the state's principal cities, of most Corp.—Olfer Extended— which the corshare of . common stock in exchange for each 12 Coca-Cola International The FINANCIAL & COMMERCIAL THE (556) 2.198,792 ' 1.809,263 ' 910,866 527,744 676,445 718,319 ' ' 393.893... ■">( " 372,650 1,415,973 380,902 182,439 Gross Net from Net ry. —V. ♦Deficit.—V, 171, p. 102. . ! , ( from railway railway- oper. 171, p. income— 192. . , 38,832,747 26,836,91* 5,776.766 l.GOO.CT? . Volume 171 Voltime Erie Number 171 Number THE 4879 •* from Net Net ry. 1948 >* 1947 1946 k '. $12,184,535 $13,836,272 $13,297,690 $10,733,368 2,634,504 3,335,234 3,138,066 1,865,234 income™ 1,267,192 1,625,190 878,686 2,076,778 oper. Net railway from railway Net ry. —V, 171, 149,109,907 175,098,789 152,101,382 127,836,171 27,541,198 45,035,433 32,152,543 18,122,984 10,555,698 income & CHRONICLE FINANCIAL (559) CHRONICLE The System's plans for-1950 call for about $54,700,000 in gross addi¬ to plant, Harold V. Bozcli, President of the parent company, announced on Feb. 1. This will result in net additions of approximately $40,200,000. The from oper, COMMERCIAL FINANCIAL tions From Jan. 1— Gross & 20,224,823 11,528,288 7,250,546 that of Green Bay & Western December— abQut System budget, Mr. Eozell said, is slightly greater than and, among other things, it contemplates a net addition 1949 105,000 has now telephones, the same 1,200,000 telephones in the as 19 gain The 1949. for states.—V. 171, Net Net ry. from Gross Net Georgia Southern The SEC corporation Jan. 011 filed 31 registration a statement the with ment $3,600,000 of series DM, DMN and DMP period pay¬ single payment plans certiticates to be underwritten by and Investment Co., Jersey City, N. J.—V. 170, 1081. p. Net from Net ry, December— Gross 1949 from from ■Net ry. railway railway from Net oper. 1947 from Net 1948 ry. —V. 1946 $2,416,812 $2,642,380 585,865 577,495 322,179 607,608 215,692 309,762 ,399,314 1,772,973 income $2 ,715,184 from Net ry. * railway 99,107 56,364 339,256 7,095,792 2,158,375 526,512 railway railway income oper. 171, 28,653,199 ,054,334 26,543,488 4,098,153 4,755,390 ,371,050 5,821,667 171, *204,496 1,855,052 ,544,281 4,291,437 earnings after 7,211,017 6,201,453 5,508,891 1,885,712 1,393,884 936,299 516,045 352,081 547,403 Co.—Earnings Increased— Earnings —V. ptr 171, 1949 charges and taxes™.™ share— common ip.nd May 12, thac 'as The 1.448, of Jan. on granted and note bonds is it not its .application diction.—V. orders company to be and Power $50,GOO a after and bank opinion an request 26 had of approval the securities which issued "the profit The of want juris¬ dividend Net ry. the 1948 1947 Gross iron? from $1,491,183 $1,060,723 564,071 563,449 181,103 418,831 342,931 340,542 Net ry. $16,582,258 $14,922,247 $12,030,501 5,085,527 4,746,372 4,432,783 1,926,363 2,217,621 362,095 —V. railway income™ optr. 2,540,238 2,478,709 months C. President, Gamble, Chairman assuming the office Philip Skogmo, 3,592,915 3,720,513 3,126,841 2,701,590 740,981 500,034 214,933 973,430 343,191 738,926 income— 185,884 131,208 The of the made co-founder.—V. Board, 171, by 360. p. the 20 elected was net milling death recent of river Payette, President and General Manager, Stockholders planned informed were management 18-well an Jan. on drilling 30 The 18-well expects wells that be to program time in April, position to submit some in a Of the wells 11 wells to to lie the for if not to before, them 1 out broken the on for down Gait the development follows: as Anticline 11 an and three drilled be Well" zone from penetrate about Gait on the the the horizon asphalt 6,000 Brook currently starting base feet.—V. Dome, 170, 10 producing at crude 927 oil to are at be "Conti- a feet, and which zone recorded Sept. of as 23, Dec. 1949, Mr. increase an 17, 1948, Trench of 1,366 but 359 over less The company 2,797,500 is nation's electric electric to recently utilities. Glenn Warren facilities the to W. W. Trench, than 249,339 the stockholders number oi that during 1949 it generating capacity equipment is enough to for the provide capital viz: has cash the. company's Electric to expanded produce manufacturing than more capacity for electric utilities in 3,000,000 1950.—V. 171, six lor the two shares, date, and 212,905 as 10 failure of been outstanding of as to Dec. The does company within the not propose following Dec. year intend or 1949.—V. 1, to 170, levy Corp.—To Construct New Plant— space on a 4'/2-acre site in Los Angeles, Cali-f. The plant will the company's Los Angeles production to 1.800,000 gallons annually with provision for future increases to 4,000,000 gallons. increase The also company in plant San reported Francisco, that construction Calif., is of nearing a $250,000 alkyd completion.—V. 164, 278. p. General Portland Cement Co.—Secondary Offering— White, Weld & Co. and associates made a secondary of¬ fering on Feb. 1 of 69,913 additional shares of common stock ($1 par), at $35,625 per share. No part of the pro¬ ceeds will go to the company. BUSINESS—The company, owner-operator of five cement manufac¬ turing plants, is cne of the largest cement producers in the South and ranks as filth or sixth largest nationally on the basis of sales infor¬ mation the of of available for 1948. It company's outstanding share, the proceeds to p. 360. per V. to selling go stock, $1 has funded debt. 110 capitalization common As amounted 87 of cents be amounted lent to 1949 dividends stock. to Net sales $21,285,277 $5.05 per totaling for $2.50 the with net 5,091 12 warrants per share months profit of per made of at the The SEC and corporation covering ferred Trust surrender Co. of of called the UNDERWRITERS—The severally at to are firms and agreed to purchase from set opposite their respective names selling the Dec. 27 filed of 6Vo Gross $100 of letter a share. per costs pay Net ry, railway—— railway ; income, from Net No 31, from from P. — W. Lynch, "Deficit.—V. 1949, paid the on Dec. 31, 1949, which is equiva¬ named of Shcarson, Hammill .& & Watbng, —V. Sullivan Lerchen 171, p. 360. the 170, p. & & Bcane 10,000 10,000 10,000 , Company, Co._ Incorporated 3,296,171 the an purchase of such aggregate the at Two Irving (EST) Feb. on The Co., 28.—V. Rapids, of underwriting the with participating Walter 1948 — will be N. as Y., York, re-' at'.' \ Denver—Registers With SEC-^1' Corp.—Pays Debentures- fund 5% He added, future to issue $400,000 166, that announces debentures that of new due the entire 1957 the 1 Is comprny non-con veitible issue been as cin-: of called planning and in letter u of notification filed was stock common to arc be sold at Grand Rapids, Mich. stockholders.—V. 171, Jan. on (par $2) through First Michigan Corp., shares Battle $7 23 with sold be share per Both to offerings for SEC covering share per additional 2,000 Bradbury-Ames the of account Co.. selling 5. p. v 1949—Month—1943 revenues— & • $6.87Vs An through are the at Creek, Mich. Haverhill Gas Light Co.—Earnings— exp. the 15-year debentures. 1355. p. Hastings Manufacturing Co.—Files With SEC— ln49—12 Mos.—1948 $96,028 $107,477 $1,104,883 $1,125,600 91,275 99,407 1,010,115 1,074,011 $4,753 $3,070 $94,768 .$51,643 2,265 2,791 13,986 25,536 $7,018 $10,361 $113,754 $77,135 taxes Net operating income Non-oper. income (net) income charges Net —V. The - 822 $4,070,665 799,798 692,830 767,143 492,195 192,316 51.419,487 $2.23 its 45,550,665 51/2^ 8,583,999 1,649,619 5,342,323 3,572,923 "1,711,792 Public Service Enfield-Canaan properties Commission on was Dec. District rights of the of holders of approved 19, Great Lakes Utilities Co.Mareh 28— The ment for Co. expires will stock common certificates by the 1949.—V. 171, other 165, p. of fractions for to trust 28, 3,000 Net from 3,000 Net ry. railway oper. 171, p. income. 103. to. ex¬ Pay¬ 15 current . assets payable Sterling a full share of fund $68,070. 3,000,000 ^ banks to 50,000 shs. -V 50,000 shs. 50,262 shs. $5) p. 50.262 shs. 804,204 shs. > 804,204 shs. 3C0. National 169, of & Trust amount an bonds due Feb. will be it of 1. Co. at 1953 accepted New of prices not first sufficient up to 3 York, and income 5'< . to exhaust m. p. trustee, as exceeding par and mortgage on the Feb. 24, sum 1950. 700'. p. ■ • of stock Bank tor the sale tc Proposals common stock of Lakes Huttig Sash & Door Co.—Stock Dividend, Etc.— Allied Great certificates, common 7.2-to-l $11,374,100 . (par 171, V. 1,820.900 7.97-to-l $10,817,600 , par) stock also sinking —V. for share of 1,552,300 liab.— current Hotel Drake Corp., N. Y.—Tenders— common One 13,195.300 —.— to notes (non-current) 1948 827,377.300 12,370,40G - $4.25 cumul. pfd. stock (no pari— $4.50 cumul. 2nd preferred stock series (no 30, 1950. 1,800,000 unsecured See March 19 !3 assets 2</o A than Co.—High Lights from Report working capital The common shares later $27,066,200 current 192. p. certificates 1950. each obtain $14,850,983 1,903,041 income. railway- dividends. to $154,415, and scrip stock may Allied common be 223,814 1948 1947 The stockholders change to the mended, for at the $5 is vote $10) and of to share. par approved, rate early stock common (par each if change stock to are authorized shares 400.000 exchange one share for March one directors distribution each two a proposal to shares (Dar $5> 011 139,861 issue The stock a in from $10 par to share also have holders shares in recom¬ of held.—V. $10 167, 2132. 170,631 1,189,369 Illinois Bell Telephone 1946 $16,539,642 $16,490,180 $13,022,314 2,476,269 2,652,596 2,123,173 3,40G,133 The company additional _ _ _ 212,267,229 216.342,033 193,751,851 167.368,485 50,315,421 20,545,035 54,179,535 27,199,841 50,262,836.' 37,610,639 23,815,730 25,040,634 on shares of at the to From Jan. 1— from accrued 30— Total of voting 1949 railway. railway oper. 111., sale the sufficient Ry.—Earnings— December— ry. Chicago, for amount and $104 assets p. from Nov. Total par from Street, tenders an Hampshire -Exchange Privilege Expires March on issued pay New 2001. Great Northern Adams receive repurchased will be made not is. inviting proposals accrued interest of represented by voting trust fractional shares of Allied for with be 1950, 1598. p. Common company and of scrip certificates for Co. to exchange such certificates for stock stock 170, As utility facilities, and in Enfield, Canaan, this common West 105 27, prices not exceed Net Co.—Acquisition Authorized— involves Public Service's electric the at at preferred stock to Total current liabilities so-called of cumulative $19,919, —V. 35,390,220 561,616 9 Hanover to transfer $1.54 Hooker Electrochemical 7,475,045 3,268,169 Power transaction $75,843 402,501 $3,554,220 4. p. 1,341 $109,808 463. p. company at its office until 12 noon on March of haust 1946 46.986,576 , 3,946 $10,053 share per 171, 806 $6,196 income (Walter E.) Heller & Co.—Tenders for Stock— it 1 and Grafton, N. H. Granite State will adjustments on the date of transfer, —V. stock common : Controller, sinking completely paid off. —V. will 1947 Orange, Gross of so.nooooo New 463. p. Manufacturing Miller, vertible . — 171, Federal subject Net of St., pre¬ involved. in Net shares Wall statements were filed on Jan. 27 with the SEC by covering (1) 900,000 shares of series H-C7 ro'-tificates $4,000,000 of series A-DA certificates.—V. 169, p. 602. Hamilton Mich.— notification franchises Gross 171, of compe.nv One registration Gross Commission has authorized the company to ac¬ quire certain properties and franchises from Public Service Co. of New Hampshire. The Commission denied Granite State's request for dismissal of the application for want of jurisdiction. The number price to the Trust Plans New Issue— Ratio The 3.50o,394y 360. p. Hamilton Funds, Inc., 2225. have respec¬ company 10,000 Co Smith; Barnev & Co Bo.sworth, below the beiow, aggregating 69,913 shares: Fenner 18,105,954 6,876,002 .- income- price $4,078,487 Granite State Electric Gas were Incorporated Pierce, 63,747,634. 9,097,324 lor a.m. Oper. 656,057 income oper. ry. Gas ' Morrill 73,330.078 21,262,739 7,008,946 Operating 939,379 railway railway. Allied 23,913 Co 11 A -Earnings— $4,062,576 opei\ stock stock 81,057,931 17,339,651 railwayrailway yield ceivcd erecting stadium. 1949 from shares White, Weld <fc Co A. G. Becker & will assessment redemption shares.—V. non-cumulative Grand Trunk Western Ry.- shares stockholders common 73,031,815 853,054;; Gulf States Utilities Co.—Bids Invited— Earnings Jan. shares Decernber— 1.037,387 ended corporations the 3.535.097; The combined aggregate numbers of shares of 640,837 oper. 171, Bids stockholders.— full Stadium, Inc., Grand on 1,004 stock stock.—V. tive 625,736 from from ry. last, -594,905 Co.—Partial Redemption— Bankers Rapids purchase share. common 590,190 Interest to $5,239,950 income-. oper. Net near has called for redemption on March 3, next, 100,000 preferred stock, selected by lot, at $100 per share plus share in unpaid accrued dividends. Immediate payment its presentation upon 1946 $5,437,584 company shares to stock. During common value, and par Gross 171, Goodrich 1947 From Jan. 1— an share. company's Stock Offered — MONTHS 12 of has Brooks & Co., Inc. on Jan. 24 made a secondary offering of 12,900 shares of common stock (par 50 cents) at $3.62% Allied common ry. AND 1948 1,601,568 2,000 shares of Glen-Gery Shale Brick Co. DECEMBER 1949 company feet of resin Net 2584. p. FOR $6,602,069 (2) place It any Ripley 1,611.767 and been 1 Harriman $7,015,203 this per rhe 2VhS, viz; & 1,462,284 from levied, stockholders to of returned for (jointly), Bros. $6,199,833 Bunker during its exist¬ 62,315 for services; have also Brothers Salomon railwayrailway from shares There and from Net approxi¬ miles cents submitted were Lehman EARNINGS the on the principal value Certifi¬ units.- property. its equipment; have and the $13,629. result a shares issued of four and Trust 1 River, and plant with 807,810 property, and amount d'Alene Spokane, Wash. par of additional capital. mineral claims Zinc of install and Smelterville miles total a Wellman bids and 99.154; December— Gross the next and shares. Net has announced that construction will be started imme¬ $1,000,000 paint and lacquer plant containing 80,000 square a of Coeur Electrolytic 1,000,000 the as the corporation Hutton Building, for to assessments From Jan. 1— on affected the figures dealer, secure working Idaho issued in treasury, leaving company diately of to unpatented of town within 711 533,400 for the of an at assessments pay Net The is located 212,095 Gross General Paint the company. used two Sullivan both company ence, six west company proceeds 192. p. direc¬ Files With SEC— produced electric This that generating that recorded than 6,000,000 people. would enable. General kilowatts than investment the fork B. predicted Plant, 103. p. additional to south The be for title the are (B. F.) Warren, Manager of the General Electric Turbine Divisions, this production in G-E plants at Schenectady, N. Y., Lynn and Fitchburg, Mass., equaled the output of 1948, which pre¬ viously had been the highest in the company's history. Mr. Force Pilot in for (booster) com¬ said,- fuel-fired for more po.ver According of step Air RR.—Equipment made was Net lower an of to are and - 16, the record 1949 Equal to Record of 1948— announced kilowatts be 171, Wash., President has of Idaho. Grand Turbine Output in would year 1949.—V. Spokane, mile one The will is volume major of Ohio <fc Period End. Dec. 31— of Dec. as according total new Methods Inc., (Inc.), everything the substantially is to Mobile over a period since Aug. 15, 1949. The' depreciated cost of such equipment at Feb. 15, 1950 is estimated to be $4,521,127. Thisequipment consists of 400 gondola cars; 6 diesel-electric road switching locomotives; 4 diesel-electric freight locomotive type "B" (booster)) units; 4 model F-7 diesel-electric freight locomotive type "A" (lead) units; and 6 model F-7 diesel-electric freight locomotive type "B" 1031. p. Secretary. The Manufacturing with the 1, return a 011 > total of 250,705 stockholders dividends paid Jan, 25, 1950, lor contract has proceeds smelter The date permit meantime, first 30, company The other General Electric Co.—Number of Stockholders— Company had the the of wells structures. to at is wells penetrate nental-Gaspe No. one deep well to estimated four other laid program properties Dome, three on shallow drilling Gaspe Brook Gait the quarter diversification competition position and that Vice bottom mately announced arrangement, previously concluded with private interests for the re¬ plenishment of the company's treasury, and for an amount safely in excess of the highest estimate reached for the drilling program. company's will the the the machinery business development of its Gaspe properties. Work in connection with this development program is expected to be started in May, Mr. Payette said. the of authorized had 474,286 for on Dec. 1, 1949, offered 250,000 shares of assessable capital stock at par (10c per share) through William Lawrence Clark, This Jan. on vacant Financing Planned— company that Force Jan. In greater a that sales for June Henderson Gaspe Oil Ventures, Ltd.—Large Drilling Program and this Air i- 103. p. 99.4527; Harris, Hall Sp Hutzler, 99.129. Security for the certificales will be standard-gauge railroad equip¬ ment; costing $4,601,457, which is now being used by the company. Under various conidtional sales agreements, delivery of such equipment company common Hill that operations future. about belief our States that near bring 171, other Co., —V. Kellogg, Paul to is stated and ended year The Gamble-Skogrno, Inc.—Gamble Becomes President— New the efiective Gerity Albert W. Three Gibbonsville Mining & Exploration Co.—Stock Offered 171, p. 192. Bertin 116,135 the dividend on 91,448 $16,444,310 railway It United corporation's 1943 $1,532,787 704,003 From Jan. 1— Net; hopes in done be became Mr. $1,733,664 income oper. basis activities. pany Ry.—Earnings— .1949 railway lailway from taxes. 25 31, 1949. The company had been paying. 10 cents per quarter, the last distribution being made on Nov. 30, 1949. Oerity, Jr., President, stated: "The- management a income and uction Jan. no tion." Denver City from Net charges Div. 1948 $7,009,000 Dec. possible will for December— Gross 3949 each James which Fort Worth & after directors took share bonds 1294. p. Lower—Omits $5,705,000 ended rehearing for Net utility" authorized note. the on it April "public Act "15,267 McMaster Hutchinson & Co., $3.11 6 Months Ended Dec. 31— Sales of by the tv/o 1948 orders. The company con¬ "public utility" within the meaning of the that the FPC therefore should have dismissed a and asking 170, its Federal 1950 issued authorized as affirmed this the company's Power Act, has found by in 25, the at that Federal which defined $500,000 FPC was tended is term Issuance Commission Power 1948 Orders "186 Offered—Halsey, Stuart & Co. Inc. and associates won the award Feb. 1 of $3,570,000 series E 2Vs% equip¬ ment trust certificates, maturing $255,000 annually from Feb. 15, 1951 to 1964, inclusive, on a bid of 99.657. The "certificates, issued under the Philadelphia Plan, were reoffered subject to ICC authorization, at prices to yield from 1.25% to 2.425%, according to maturity. Other members of the offering group were A. G. Becker & Co., Incorporated; Otis & Co.; The Illinois Company, and & Gerity-Michigan Corp.—Earnings Florida Public Utilities Co.—FPC Affirms Federal $1,665,833 $4.34 —_ 103. p. 53,964 cates Co. ' The 1943 $2,304,874 — 104. p. "6,026 65,261 railway oper. Gulf, 76,756 4. p. Gerber Products -Net 25,902,147 railway— oper. income—. Deficit.—V. 93,116 9 Months End. Dec. 31— from Net 8460,534 $2,573,135 From Jan. 1— Gross 1946 $641,694 189,452 From Jan. 1— Gross Earnings— 1947 274,149 income™ oper. Net Florida East Coast Ry.- 1948 $674,420 311,308 railway railway 1946 $212,747 114,876 - Ry.—Earnings— 1949 $612,744 from Gross covering Mutual & Florida December— Corp.—Registers With SEC— 1947 $282,683 97,725 railway..—— from ry. "Deficit.—V. First Investors 1948 $317,003 114,845 From Jan. 1— 4. p. RR.—Earnings- 1949 income oper. 5 $308,798 railway— railway from Net 102. p. " ' from Gross 1950 construction for 7 (557) /General Telephone Corp.—Plans Large Expenditures— 1949 railway railway from COMMERCIAL THE RR.—Earnings— December-*-. Gross 4879 subscribe close of for Dec. its business new 7 ^)o.—Rights Expire— authorized common on Nov. shares,in a pro rata offering of 389,982 capital stock to shareholders of record 23, the 1949. ratio of Shareholders were entitled share for each six one held at the subscription price of $100 per share. expired on Dec: 30, 1949. ■> « now Subscription warrants 1 American Telephone & Telegraph Co., parent, as the holder of 2,323,770 shares of the 2,339,895 shares then outstanding, was entitled (i to subscribe 339,982 shares which are the of shares 337,295 to ACCOUNT INCOME CONSOLIDATED being 1948 and no The for. subscribed from American Tele¬ advances then outstanding Telegraph Co., parent.—V. 171, p. 193. phone & RR.—New Bonds Illinois Central The 1947 «§ s $ ICC 1 ke excess profits taxes income taxes— and Canadian Fed. taxes — 14,368,926 253,715 7,286,160 15,440,475 257,581 5,811,935 9,370,959 Prior subs, of earns, • $2,079,499 401,364 115,185 70,351 revenues.. ooer. Net rev. from ry. oper Net n\ oper Not income charges fixed after 1949—12 Mos.—1948 1949—Month—1948 Period End. Dec. 31— Railway ' Surplus $2,090,957 $22,892,645 525,038 5,386,787 193,049 1,813,844 144,455 1,214,424 $23,754,594,880,783 911,053 375,237 at end Surplus Earnings ry. 39,500.620 $5.22 1.71, *90,480 > 2,273,233 576,258 236,571 863,773 , 104. p. Co.—Prepays Part of Loan—1949 Sessions .& ' - , announced that at the end of 1949 it had $1,500,000 15-year The first payment of $125,000 was not due until 1953 but the terms of the agreement are such that this amount could be prepaid without penalty. The company ■30,096.446 $3.23 Feb. on 1 its the of -1949 end the At retired 1,797 shares of its $50 par purchased at a cost of $93,437. This outstanding against an original issue company preferred stock which it had 8,896 shares of this issue 5'/; leaves 31 DEC. SHEET, 586,288 income Lamson 30,096,446 ' 24,859,323 BALANCE *133,654 3,673,72G 1,667,802 option to prepay $250,000 against its loan from the Prudential Insurance Co. of America. 46,329,671 $4.85 share CONSOLIDATED 1,475,319 764,422 railway oper. Earnings Lower— 33,215. ' — 3,728,676 1,288,866 railway "Deficit.—V. 3,989,441 39,500,620 year of year... common per from Net exercised a— of beginning at *100,211 -3,358,256 income___ oper. from Net previously not consolidated RR.—Earnings— Indiana Harbor Belt ry. $60,012 *75,125 From Jan. 1—• Gross 5,237,123 common surplus to Balance Net 1946 1947 $53,910 *96,021 $56,422 *101.014 *114,384 $59,317 "71,547 railway.:^— from 1948 1949 . railway from Net 9,486,633 260,069 stock—— 6,829,051 3Va% on Gross pfd. stock.. earnings Divs. declared Divs. declared on 171, 5. page Canadian ; depletion Net issue $8,407,000 25- to be offered in exchange for a collateral trust 4s due Nov, 1, 1953. V. outstanding of amount Prov./for Authorized— the company to 17 authorized Jan. on depreciation for Prov.' December— 162,580,782 173,458,033 133,835,412 132,142,049 140,719,893 112,727,632 4,738,901 4,204,637 3,078,064 442,920 450,286 400,811 338,000 7,880,000 9,660,000 5,451,000 3,007,986 2,982,742 2,403,272 Sales, less discounts and allows Mfg.'cost, sell, and adm. exps., etc.. Other consolidated mortgage 33/4G, year » all of the proposed stock offer intends to apply such proceeds repayment of toward " company capital the sale of the common proceeds, after deducting expenses, from would approximate $38,931,700 if stock was to its shareholders involved. The net by the company directly underwriting discounts or commissions were offering was marie Superior & Ishpeming RR.—Earnings— Lake YEARS CALENDAR 1949 offered. This FOR Monday, February 6, 1950 CHRONICLE FINANCIAL & COMMERCIAL THE (558) of 1948 1949 shares. 28.524 ' 171, —V. 464. p. Newark, N. J.—Sold— It was announced on Jan. 21, that Federal Judge W. F. Smith had approved a cash offer of $2,300,000 for this corporation's prop¬ erty.- made by East Coast Holding Co. of Brooklyn, N. Y. The Equi¬ table Life Assurance Society of the United States has agieed to lend $1,700,000 on mortgage on the building and the buyers have agreed to out up an adidtional $600,000 cash, thus giving Robert Carey, Jr. Industrial Office Bldg. Corp., ' bondholders. $2,900,000 to pay off interests expect, to about trustee, take title Brooklyn The April 30, 19o0. on ' —V. 165, ; 3394. p. : ... Inventories (& Subs.)— Earnings- other sales and of sales, Cost ' ' ' . mon 18.955,534 21,178,350 was refund Postwar 425,000 in Investments from ,".y> T. ; • 304,837 V 2,176,602 1,787,004 " — - charges.! deferred ;—.—:— .i .1. ■ ■; ■ 293,786,962 321,924,074 Prov. for deprec., amortiz. & depletion. 9,847,446 8,285,338 Interest and expense on funded debt 1,973,599 1,639,684 Payment to Inland Steel Co. Pension Trust.—_ 1,035,850 1,035,850 Provision for Federal income taxes 15,935,000 23,221,000 133,881,749 127,918,394 LIABILITIES— Dividend Fed. Canadian 25,013,707 38,606,899 4,899,315 4,899,315 Net earnings per share —. $5.11 $7.88 Capital expenditures for the year amounted to approximately $25,000,000, as compared to $32,022,877 in 1948.—V. 170, p. 2025. income Net stock issued and outstanding 1947 Net ry. $3,028,193 634,177 374,742 291,273 48,548.633 46,329,671 39,500,620 1948 Net 171, —V. 2,682,910 1,291,216 4,804,896 The Told to Jan. 26, was 171, p. 360. debentures.—V. 6% International's of on net from Net ry. Gross ry. call for 65,500 shares outstanding of stock, it .was announced on Feb. 1, 1950. proximately stock three on Net ry. Net ry. redemption 3V2% all the of Lewis dend H. of cents h olders jo per record of converted have Chairman of the board, pointed out that a share has been declared on the common Brown, 50 to on Feb. common by $14,368,926, or $4.85 per share of common stock, compared with $15,440,475, or $5.22 per share*in 1948, according to the 91st anniversary annual report mailed to stockholders on Jan. 30, 1950, by Lewis H. Brown, Chairman of the Board. The 1949 earnings were equivalent to 8.9 cents in bid be 1949—a year marked by nationwide business readjust¬ amounted to $162,580,782," Mr. Brown states. "This "During ments—sales with sales of $173,458,033 in 1948, when a established in sales and in total dollar profits." was Before was taxes $2,826,305 All taxes levied on all of less in United kinds, than in 1949 1949 and were level $25,256,912, which to $10,887,986, Canadian income. including In 1948, $7,880,000 they were $9,660,000 levied on income. Dividends of $2.50 per share were paid on the common stock in 1949. compared with $2 in 1948. There were 2,923,896 shares of common stock outstanding at the end of 1949, compared with 2,906,059 at the end of 1948. Dividends of $3.50 were declared on the 3V2% cumulative preferred stock which was issued in 1945. "There was a strike of 4'/a months* duration at the company's mine $12,642,742. including factory at Asbestos, Quebec," Mr. Brown says, "Had it from the strike which affected the company's source of asbestos fibre, it is estimated that 1949 sales and and . for losses would have exceeded 1913." not been primary earnings RR.—Earnings— Valley 1946 1947 1948 1949 $5,534,378 $6,448,491 $6,094,233 773,989 847,649 797,823 $5,645,941 926,990 148,451 304,466 *16,659 1,553,309 69,181,281 railway—. 80,050,452 16,228,698 9,200,990 72,670,963 12,259,975 4,277,880 67,007,688 income-. railway—. . 12,607,750 5,584,141 _ ___ income— oper. 171, stockholders J. $25 6,434,473 vote will common 13 March on Increase Stock— proposal to increase a the 5,000,000 shares. stock from 4,000,000 to President, states that there is no present intention additional shares, but believes the increase should be in order to enable the company to meet various con¬ Andrews, W. issuing authorized which tingencies arise may at unissued shares V. par 11,864,451 193. p. Liggett & Myers Tobacco Co.—To The this in the out time There are only 88,479 authorized total.— future. of the present 5. 171, p. Liquid Carbonic Corp.—Earnings Purchase Offer— topped a recent offer of $1,940,000 from Pacific Intermoun- Co., Oil & Distributing Corp., will proceeds assume certain 171, p. 361. sales Net profit before deprec. and Federal — $3,858,303 1,030,297 488,033 596,391 457,293 inc.- taxes Depreciation inc. taxes and Canadian S. (est;.)" 202,974 57,790 $389,290 U. for Prov. Net 1948 1949 $7,911,376 Net $31,303 - profit 1192. 170, p. Monticello, Ky.— Louisville & Nashville RR.—Earnings— 011 be Higher— Quarter Ended Dec. 31— $2,040,000 for the company corporation used for additional working capital. $15,527,967 $16,817,061 railway from Gross $18,527,774 $14,015,183 railway—i— 3,393,966 2,736,886 4,013,935 oper." income.— 1,525,704 1,504,787 2,199,340 Net from Net . - 1946 1947 1948 1949 December— ry. , '2.443,296 1,187,769 From Jan. 1—- . La Crosse The covering SEC common held. Telephone Corp.—Filed With corporation 900 Jan. 27 filed a letter of on purposes.—V. corporate The underwriting. 166, p. Net from Net ry. —V. Inc.—Earnings Higher— Net earnings after Federal income taxes Earnings preferred share common share per Earnings per "Deficit.—V. 169, p. 1948 1949 6 Months Ended Dec. 31— x $156,755 ' $3.92 $0.45 . 7. ; $22,354 $0.56 *$u.01 . Laclede Gas Light Co.—Meeting Adjourned— for Jan. 26, has been allow for further solicitation of to issue a new series of 480.000 shares of preferred stock (par $25). Under Missouri law, issuance must be approved by 75% of the outstanding common stock. A company spokesman announced that proxies had been received from holders of more than two-thirds of the outstanding stock in favor of the proposal. The company also seeks approval of a change in name and for a waiver of common stockholders pre-emptive rights in connection with any issue of new preferred stock.—V. 171, p. 193. The annual adjourned meeting, originally scheduled until Feb. 14 in order to connection with a proposal Lackawanna Laundry Co., Inc.—Tenders for Bonds— Co., 16 Wall St., New York, N.'. Y., as trustee", to March 1, 1950, lor the sale to it of first sinking fund 6!i% guaranteed gold" bonds, at a price not exceeding 105 and accrued interest, for Which $11,545 will be available for that purpose.—V. 169, p. 604. The will Bankers receive (closed) Trust bids mortgage up railway 171, 177,396,626 207,271,683 189,697,168 27,939,936 37,818,190 33,359,937 21,175,636 12,836,069 income oper. 16,280,657 169,666,274 29,183,100 15,595,486 104. p. Magnavox Co.—Negotiates Bank Loan— The La Plant-Choate Mfg. Co., railway- from Gross SEC— notification with the (par $10)/ to be issued to new share for each three proceeds will be used for general 568; V. 107, p. 2258. shares of common stock at the rate of one stockholders No proxies in 1948. amounted States earnings new record 2,132.395 1,591,373 5. railway— from ry. authorized \ compares 1,496,371 oper. Net Jan. 26 filed a letter of notification with SEC covering 60,000 shares of capital stock (par 10 centst, to offered at $1 per share through Peter Morgan & Co., New York. The 179.353 7,552,196 2,754.466 2,106,483 from Gross 755,371 Freight Lines, Inc.—New of Express The 6,823,124 9,012,856 3,468.578 1,973,258 railway Net ' the sales dollar. ry. Files With SEC— has Report—Consolidated net earnings in 1949 were Annual 988,549 442,851 $609,964 From Jan, 1— 1,618,968 913,016 78,125 7,698,389 2,724,283 railway from —V. that states 2,127,448 2,187,536 170,212 income— from Net 3,824,145 income— Kentucky the Brown resources," 4.954,893 275,338 railway—— p. Net • which is seeking ICC approval to financial obligations connected with the purchase.—V. 27 and that holders of preferred who that date will be entitled to the divi¬ • * new tain divi¬ stock the corporation, "in order to conserve its made arrangements with an underwriting group, headed by Morgan Stanley & Co., lor the group to take all preferred stock offered to them before the redemption date at the price of $102.50 plus accrued dividends (or a total of $102.84 per share) and to convert the stock so purchased into common stock. The entire issue of "preferred stock, made in 1945, was 170,000 shares. On Aug. 20, 1946, 85,000 shares were called for redemption. Including these, there have been 104,042 shares converted and 805 ..shares redeemed as of the close of business on Feb. 1, 1950. Mr. 5.902,804 2,776,720 1,124,643 1947 $700,936 170,461 income—. oper. 171, Gross 133,625 5,183,790 1946 1948 $617,985 97,754 367,669 railway Lehigh 246,330 90,437 RR.—Earnings— 1949 $582,803 193. 171, p. This-bid each price dend. cash 121,344 103,500 193. p. December— and its affiliates, including Keeshin Motor Express Co., Inc., has been filed in the Federal Court at Chicago, 111., on behalf of J. S. Kroese of New York. and preferred and paying an additional $15 per share with respect to of preferred surrendered for conversion. The redemption is $102 plus accrued dividends of 34 cents per share. . 265,731 116,421 railway Keesliin A 171, railway from ry. —V. ap¬ cumulative preferred 233,649 from Net $402,979 $425,326 214,145 railway oper. 2,787,226 738,253 226,910 — income oper. Net of from 846,787 337,672 from ry. 1946 1947 1943 $566,189 $475,140 income— oper. 3,060.422 1,014,836 98,817 from Gulf Ry.—Earnings1949 From Jan. 1— from 3,417,716 633,918 railway "Deficit.—V. railway from Net 2,741,262 railway from Gross 5,340,735 railway from Gross 16,547 "Deficit.—V. 5. p. 19,544 . From Jan. 1— 30,043,047 10.534.740 7,629,756 Kansas Oklahoma & Stock— share * 35,168,171 14.553.502 10.286,337 37,530 ry.. oper. Net 463,440 41.552.703 19,384,552 December—• after March 6. 1950. The will be convertible up to the close of business on March 6, into shares of common for one of preferred by surrendering the redeemed be will shares The ' 841,271 39.746.239 17,505,760 income oper, 171, —V. to 932,822 *16,003 Lehigh & New England $2,457,874 1,031,676 8.980,645 — railway,______ from Net Offer Underwritten— voted railway from Net Gross Corp.—To Redeem Preferred have .- income— oper. Net directors railway $3,205,092 1,496,023 income— December— 1946 1947 1948 $3,627,746 1.713.400 57,543 oper. ry. Gross notification with the SEC cover¬ 1949 1946 $242,159 72,684 from - stock (no par), to be sold to employees No underwriting. The proceeds are for p. 880. ■*< '■ ' ' V $3,340,529 1.402,163 679,638 1947 $271,400 93,781 Net common railway 1948 $293,129 52,405 Net for From Jan. 1— 31, 1949 include floods in Guate¬ Operating expenses for the 12 months ended Dec. $728,000 estimated cost to restore damage caused by mala during October, 1949.—V. 5 71, p. 5. The and 1949 $215,359 railway From Jan. 1-— America—Earnings— year Johns-Manville Net Southern Ry.—Earnings— City from Net 1949, a of December— Gross company month like shares Kansas . reports a net loss of $207,993 for the month of which compares with net income of $120,315 for the earlier. For the 12 months ended Dec. 31, 1949, income aggregated $160,832 as against $1,357,771 for the year_1948. The December has filed a letter of company 20,000 —V. International Rys. of Central from Net Co.—Stock to Be Offered Emplys. Kokenge & only at $15 per share. working capital.—V. 161, ordered by Fed¬ eral District Court Judge Francis J. W. Ford to consummate part two of the trustee's plan of liquidation and dissolution of the holding company., Judge Ford signed an order submitted to the court by Mr. Brickley calling for the disposition by the trustee of at least $5,000,000 of International's holdings of Gatineau Power Co. common stock and the borrowing by the trustee of not in excess of $10,000,000 lor a two-year period, With an option to renew for an additional year. Proceeds are to be applied to payment of the outstanding $15,940,000 Brickley, trustee, A. accounts of railway-.*—_ from Gross 133,881,749 127,918,394 uncollectible for provision 1949, due Dec. purpose Net Complete Part of Plan— Bartholomew — Julian ing Hydro-Electric System—Trustee value $1,633,233 as . compared with $1,890,491 received the last of its diesels in De¬ completely on diesel power. was company operating now Lehigh & Hudson River Ry.—Earnings— Gross 104. p. International par no 7,037,300 _l__.__._- is December- ,. cash discounts allowable to customers of $718,227 at Dec. 31. 1949. and $730,513 at Dec. 31, 1948. tAfter reserve for depreciation and depletion cf $50,673,155 at Dec. 31, 1949, and $46,544,936 at Dec., 31, 1948. iRepresented by 2,923,896 shares in 1949 and 2,906,059 shares in 1948. §Long-term obligations include $5,000,000 of notes bearing interest at 2.7% with principal payable 5% annually commencing July 15, 1952, balance payable July 15, 1967.—V. 170, p. 1700. 26,869,272 3,550,819 281,482 30,147,754 income oper. ry. 33,757,359 6,084,480 2,711,324 railway—— from -Net 30,591,249 5,429,585 railway from of $100) (par Total From Jan. 1— Gross stock tCommon 7,661,910 contingencies preferred stock Surplus 1,976 income oper, for for '3Va% $2,394,646 324,100 562,924 railway.. Reserve 425,000 1.026,319 7,661,910 ~7,356,300 47.845,163 1946 $2,961,923 773,444 1949 railway from from 5,509,382 425,000 1,003,980 Res. $1.81 the Lehigh Coal & Navigation Co. borrowed 1, 1959, from a group of life insurance companies retiring its short-term bank loans,-increasing its working capital and providing funds for capital improvements and additional stripping operations.—V. 170, p; 2332. the for ~ 9.414,288 1,715,758 "After $2,772,157 739,120 December— Net 8,320.134 1,664,132 §5,421.443 inc. and exc. taxes Long-term RR.—Earnings— International Great Northern "Gross profits taxes.. obligations workmen's compensation self-insurance for product guarantees, etc and Other railroad The and December, .In 7,408,9317,399,286 60,615' '-."64,368 and other accrued liabilities.-. payable on preferred stock —L._ Accounts payable $1.17 — subsidiary the of 1948. $6,000,000, • - Reserve Shares of income .in • cember Total ___x 1948 $3,495,932 1,927,127 Although the coal shipments originated on the Lehigh & New Eng¬ land RR. Co., the company's railroad subsidiary, were down by 836,338 tons as compared with 1948, operating economies resulting from the dieselization of the company's operations reduced costs so that the net 206,309 1,238,601 318,573 1,431,075- to unconsol. subs. (at cost or less)—_ employees for stock 1949 $2,263,208 1,929,127 taxes— outstanding shares of Earnings per share 64.212.360 advances and investments receivable (& Subs.)—Earnings— r • • income Federal after income Number 429,812 67,723.494 tProperties and plants (net) 31— Year Ended Dec. com¬ which year.—V. 169, p. 499. the. company's best profit, Net 2,871,299 2,371,299 . amortiz. deprec., of excess (at Carryback claims for refund of Federal taxes Fund for workmen's-compensation self-ins 347,532,564 394,712,-845 revenues exclusive of cost & int. 1 profits taxes.. ^ bds. & notes Treas. share, Lehigh Coal & Navigation Co. > 8.463 802 13,082,060 -2,752,820 338,036 649,549 - Other $ $ . depletion and — purchases Prepaid and 1948 I949 31— — Cash Miscellaneous Inland Steel Co. Net $ 13,635,954 expenditures, etc.: Funds for deferred Accounts Year Ended Dec. notes receivable "Accounts and for 1949 are estimated at slightly more than $3 per which compares with $5.36 per common share in 1943 Earnings $ 10,196,516 16,493,813 18,511,981 ASSETS— Cash with company a group Richard & The has negotiated a new unsecured credit of $1,600,000 at 3%, of banks for a period of five years with interest President, announced 011 Fob. 2. include the First National Bank of Chicago, The O'Connor, banks The Trust and A. Savings Bank, Chicago, Fort Harris The Bank of Manhattan in New York Wayne National Bank. 1949 Magnavox had June 30, 1949, we had notes payable to our banks of $3,549,990 and notes payable to our trade vendors of $414,150, or a total of $3,964,146," he said. "Of these, $3,164,146 has been retired, leaving an outstanding amount of $800,000 due to banks. Our cash position at Jan. 15, 1950, pointed out that in the last half retired notes in substantial amounts. "As of Mr. O'Connor amounted "Our to of $1,250,000. inventories have substantially reduced. been On Feb. 28. 1949, $8,133,801. On Dec. 31| 1949 they had been reduced $3,658,714 and now total $4,475,087. "We are enjoying satisfactory sales volume and our incoming, orders are at a rate considerably in excess of shipments. Shipments in they totaled by January margin staitial of this year exceeded Feb/uary should increase over of last year by a increase over January January show an February of last year. comfortable and a sub' sold 100,000 shares of class A stock to a group of underwriters at $15 per share. The net proceeds after deducting selling ex¬ penses and commission, amounted to approximately $1,Stock Sold—On Jan. 11, 1950, the company 300,000. (See V. 171, p. 104). Volume 171 Number 4879 CAPITALIZATION "(GIVING THE EFFECT TO RECENT FINANCING) Authorized Class stock A erence ($1 stock, Common ciunjil. $15 stock par UNDERWRITERS—The „ number were of shares of 100,000 shs. December— 100.000 shs. 1,000,000 shs. __ of names class A Outstanding Gross 659.898 shs. _ stock the principal underwriters which each had agreed and Net the Gross 19,000 Henry Herman & Co. Newliard, Cook & Co.—... Piper, Jaffray & Hopwood. 7.000 Net 15,000 7,000 —V. 10,000 Rand & 7,000 Inc.- 10.000 The Co.—_ 8,000 Company. Wibbing & Co Auchincloss, Parker & Redpath Kalman & Company, Merrill, Turben See also V. & 171, O. Co ry- Jan. on 30 filed covering 10,000 shares of capital share by the company. The per authorized capital and letter a stock, of notification to are 2,253,954 1,856,707 1,256,014 732,246 920,877 1,088,126 481,241 75,130,317 68,816,972 60,732,982 19,685,862 83,292,919 22,416,724 15,376,906 7,684,089 9,324,618 5,843,630 12,131,360 4,398,339 income oper, the Gross from railway—. railway— ry, oper. income... From Jan. 1— v Gross finance 31 filed' Second Net working in progress.-—V. Jan. on 167, statement be to with the underwritten by SEC Vance, 1696. p. 31 filed registration a statement covering 831,901 shares of beneficial interest, to Vance, Sanders & Co., Boston.—V. 170, p. 2227, ' , , Mathieson with 171, $18,894,440 $15,698,533 3,271,892 4.329,212 4,354,784 3,415,981 3,053,646 1,936,327 2,127,223 ' ■ . 199,622,368 174,495,869 44,499,419 21,543,724 by » Oper. that it of average 16,201,573 26,575,268 for under net which not pay may income $25,000 the borrowed company dividends cash depletion income ■Total Dividends As of paid loan :t. on common 170, 693. p. used were to and u Co. had 3,940,000 due $1,599,600 in 1953 1804. p. then loan of purchase money discountd was Y and The loan 3 \'a'!< Dec. agreement to 3:V,; 1956, 1, $1,75 20-year proceds balance mortgage paid Off of the on of as Dec. 1948 1947 1946 $244,357 $219,622 $176,776 30,808 24.903 12,685 22,064 52,585 41.132 under notes, which due and $240,000 the the 3% of un¬ the loan $5,000,000 Gross to in Dec. 549,155 814,660 742,621 479,038 Net 171, Only rates.—V. 1961, 170, 170, / As 1 1949 $829,513 its of 31, preferred, that now The 1950, the held The Net the directors to convert $23,744 has working been by the reserve preferred preferred not 296,000 admitted of The A', shares to of Jan. on has company Continental Illinois National The First Bank Trust & National of Bank required was been the called- for redemption March on ferred 105; of an 1974 1, Island 104V2 at interest. and Payment bonds, series will be made Trust- at I., Hospital Street V, common for redemption that purpose $805,769 became capital. 170, Meredith Publishing: Co. 2437).—V. p. (& Subs.) Net and $10,848,652 expenses--- 1948 ry. Net ry. 8,364.905 8,820,649 267,873 J——_ taxes 194,877 841,167 —. earnings Earnings 170, —:— per sh. p. _ from ry. $1,374,707 $1,312,724 stock (645,000 $2,13 first mortgage bonds, 2'k scries due 1978, exchange for outstanding temporary bonds Trust Company of New York.—V. 171, p. 464. are has announced sion of facilities which a 297,395 329,369 931,356 chloride Feb. an 1 and Guaranty and railway... 32,056,955 Middle also and South in permitted retirement of working capital.—V. 171, Utilities, The 417,844 shares of at Inc.—Stock common 40 cents sales on over-subscribed. over See V. 171, on In to December— continue eight In Jan. on Net from Net ry. at will Gross from Net from ry. to 10 to railway— 'Deficit,-V. 171, head 1946 $139,075 58,372 73,085 29.406 *4,397 38.651 and Co., one and the slate of the 1,993,826 610,039 609,404 ' 201,644 268,921 "• Piatt New The of corporation covering common; Stock Proceeds will be ing capital.—v; in p. 12 at filed 5 other and letter a Kieckhefer (law Net Net — notification with the.- 170, J 1948 1947 $1,683,103 $1,659,706 .574,718 472,184 302.112 201,936 1946 ; Total Net from Net ry. railway— railway—-incomeJ-l" p. 18.865,047 Gross Net will Kieckhefer be 4.904,659 4,771.595 1,831,089 1,914.674 includes: David G. Chicago, 111.; Raymond Loewy, Francis: W. Magin, President, Nafziger, President, Interstate Cornelius Ross, insurance, New York be to named 5,912,464 3,637,391 32,295,475 37,221,591 4,492,039 charges 753,399 9,727,816 14,727,096 Connecting RR.- -Earnings' 1949 Dec. on and 2438. •'-* p. 1949; 6, Saunders • of from ry. $678,879 516,596 $186,031 14,831 636,832. 20,723 491,415 76,089 3,114,355 2,678,605 1,102,357 1,067,409 732,196 730,397 763,511 634,287 2,157,560 520,892 railway—— income 1,031,126 105. p. Period End. Dec. 31— Rail RR.—Earnings^— 1949—Month—1948 Operations— 1949—12 Mos.—1948 $ $ $ 144,690,868 171.391,814 Operating revenue 12.269,708 14,904,208 expenses 10,457,727 11,983,568 117,145,462 135,370,333 1.597,178 10,322,000 13;605,635 Taxes 576,000 Equipment rents Joint facility rents—— 344,290 384,524 3,143,427 50(5,261 Cr9C,031 5,730,981 5,676,725 385,430 1,035,059 8,348,998 11,620,464 Sinking 5,118,657 inc. int. 606,754 495,213 7,400,466 7,714,184 fds. *221,324 52,812 539,846 948,532 3.906,280 49,399 633.799 592,738 skg. fds.. *274,136 490,447 314,733 3,333.542 924.057 549,353 4,487,427 4.665,299 bef. sink funds. Net inc. aft. Other than Rail Opers.— income (net) Non-oper. Fxd. income chgs. Sinking taxes 426,000 820,000 52,334 151,362 1,841,071 2,054,055 345,723 292,606 1,826,356 1,893,316 12,220 149,799 146,670 333.237 280,386 1,676,557 ,1,746.646 124.399 832.452 2,774,888 5.799.596 65,298 61,61,9 783,598 739,408 59,301 int.. 105,385 3 12,483 & cont, sink. fds. bef. funds Net inc. Total Net aft A. Bennett, who * Cavanaugh, John Cross, Keating and sink. fds. 770,833 1,991,290 5,060,188 . funds .... aft. sink. fds. Deficit.—V. 171, 7. p. New York Ontario & Western Ry.- , Gross (& Subs.) 1949 /___ —— general taxes ____ — Net railway railway— from * $4,169,662 247,096 Gross, from 837,167 821,990 Net from Net ry. 1,814,019 1,547,559 _ Gas & Electric Federal income Association— taxes (separate inc. • « 448,001 ...... dividends available OF — . 431,491, $2,352,191 — — Deficit.—Y. for 349,317 COMPANY ONLY FOR THE 12 *1,672,747 1948 1947 ;946 $401,642 $375,507 $366,000 railway.— 61,570 94,379 *212,289 4,705 95,454 *758,449 4,541.127 5,029,183 4,240,938 890,544 1,424,673 1,161,910 660,5 191,724 *276,657 234,596 *90,7 MOS. ENDED DEC. 1947 31 from Federal income taxes (on railway.. income oper. 227,702 repairs Other $2,902,990 837,234 fund 822,017 2,542,194 105. common .shares & 15,803,958 1,127,651 turbines work $20,249,123 7,540,404 1,871,706 5,127,867 5,804,685 571,436 2,495,549 4,265,738 7,886,785 & . , 45,794,235 . . opers. Totals $16,698,025 $20,984,247 $72,797,150 $79,734,828 At Dec. 31- Cr28,537 ■ 1949 103,223 Cr29,353 $1,768,195 349,318 requirements)— 1949—12 Mos.—3948 $9,076,588 $47,599,587 $2,664,899 The the ings $1,626,898 $1,418,883 the Number 349,312 (before 1948 $ Estimated will available for 1949—3 Mos.—1948 accessories $1,976,216 — 194. p. Shipbuilding contracts $12,456,744 Ship conversions and $2,892,601 118,893 surplus- 171, Period End. Dec. 31— at dividends *135,835 4,135,8 Billings: basis consol. tax return *3,875 , railway.... *Deficit.—V. ' 249,358 ■ of -separate return)..;.. income oper, ry. RR.—Earnings— 1949 Newport News Shipbuilding & Dry Dock Co.—Gain in Shipbuilding Contracts— taxes from,, income— Credit; resulting from filing of p. 485,850 *1,299,221 $382,441 from Net $1,635,196 (before "$3,152,348 deductions 171, 522,943 *936,215 railway. Hydraulic sinking 600.853 105. 349,312 $2,002,873 shares common Net income before other deductions and provi¬ sion for Federal income taxes Ealance *181,910 7,321,323 *226,270 *672,473 171, p. From Jan. 1— Gross $1,984,509 — income to *191,506 8,292,069 New York Susquehanna & Western income—Subsidiaries Expenses and taxes other than Federal inc. Balance *100,711 7,957,497 December 450,224 946 122,681 $5,005,600 - $584,755 *60,352 *8,228 oper.'income 166,908 *45,897 6,768,400 railway railway from ry. 1947 $607,614 1,240 97,896. from $4,046,982 Earnings— 1948 $599,365 , $564,760 ry. oper. income From Jan. 1— Gross $4,838,692 sinking fund requirements)— . 1949 from Net 1948 $28,645,457 $28,701,924 23,806,765 24,654,942 — 717,928 Operations— bef. sink, funds inc. Sinking John Messrs. 31— — and — lor Balance . 3946 32.952 2,935,107 railway oper. 171, Net inc. Stevens Balance-to-surplus*.: —V. 1947 $293,967 661,317 oper.'income 1948 $780,916 railway railway—— From Jan. 1— Gross later. consists tax -return 443.938 s*» 779,860,755 112,517,789 7. from Net-ry. $ 72,319,450 697,304,399 9,909,398 100,266,092 increased 14,570.115, i;356,144 ' 2,279,369 fixed p. from on 18,377,538, income—_ oper. 171, opers. 1949—12 Mos.—1948 $ after, Net 428,677, 171,995- 20,286,684' 3.470,760 105. Mr. Ray income Preferred oper. V.h 171, and slate income New England " (Incl. Leased Lines)—Earnings 1949—Month—1948 ry. Federal board $1,342,406 " 3,522,984 Net firm), directors Ended Dec. expenses Provision/.for From Jan. 1-— Gross .from the company return basis)— ' Credit; resulting from filing of consolidated .. 1949. . I. Ull o presentation City; 111.; William income Total of ' from', railway uut. "J $1,41:2,230 from railway——' 234,944 84.589 ry. oper. income—a -4 4 The for • 1949 vv.Minneapolis & StY Louis RR.—Earnings— • board. York director revenues Operating Other Gross V England Gas & Electric Association Months Other 144,988' cents 3,342,900 2,551,952 Net Net 1593. ) ^December reached 380,753 each, to be issued to holders proportion to their holdihgs.. Nq underwriting. to pay for mining development and for operat¬ used 165, 23 rights 3,066,179 2,394,277 December— New , Jan. on 300,000 formed April. President as Mich.; Chicago, Kieckhefer.—-.V, EARNINGS - 2,547,006 2,829,687 Net inc. this company of 1,667,786 479,211 121,099. 2,486,196 income 10,807.573 Net inc. and Detroit, present board of elected President Preferred 2,160,062 260,225 105. p. Contest 14,157 "* 7,350,092 ry. members. designer, D Provision 465. p. Co.—Proxy been meeting, in Mines Operating:, Inc.—Files With SEC— SEC 903,868 1,495,112 has slate annual Keating Austrian Inc., i 1947 1,941.077 railway— income— 50,721 7,523,706 from consultant, New York City; Louis J. Cross, partner, & Co., Chicago, 111.; Donald Graham, partner, Mayer, Davis Bakeries, . oper. 271,179 7,982,809 , financial H. Square . $200,010 *34,459 7 468.480 7,100,868 rev. thus 31, Chairman as addition the Other deductions from 194R • 254,598 Net heavily was $192,385 36,587 income oper. 3946 $517,623 352,864 60,984,409 Net From Jan. 1— Net 29,132,792 5,181,790 1,936,033 Stamping & compromise a Keating from Jan. 26 on 1949 railway—— railway—— 1947 $698,191 178,900 358,200 105 p. Enameling that Operating Operating $159,244 from 1948 $814,268 revenues- ending a proxy contest begun two ago by Arthur Keating, largest single stockholder. joint agreement, Arthur Keating and Alfred J. Kieckhefer a Mr. debentures 361. Midland Valley RR.—Earnings— Gross Ry.—Earnings- $668,073 oper. Agreement—Keating Heads Slate— stockholders was less than 5,000 shares amount) 464. p. 938,589 Net railroad oper. Fxd. chgs. & cont. 31,875,843 6,659,010 2,932,666 . 3,422,130 Oversubscribed— that 171, 4% p. stock reoffered $18.75 per share (less 35 cents and , 35,528,344 6,857,141 income. agreement Marshall expan¬ is increase 2,778,027 1,978,715 Operating railway—pi- disclosed being financed partly by a loan of $1,100,000 from the RFC. This loan will be employed to modernize facilities for manufacturing heavy industrial chemicals such as salt and calcium-• magnesium 4.706,891 2,692,434 New York New Haven & Hartford 449,084 City, of modernization program 5,954,786 1,947,771 Railway 1946 income... industrial Michigan Chemical Corp.—Receives RFC Loan— company 4,551,043 $ *172,834 ^Opposing factions in the contest for control an Meyer, avail¬ now the at 225,791 8,817,442 New York Central RR. $2,493,910 The on " 715,866 oper. months Baird, in The 1947 $3,288,554 659,992 National $2,04 shs.) Metropolitan Edison Co.—Definitive Bonds Ready— Definitive A- $2,912,972 "Deficit.—V. Paul able 1948 $2,652,643 778,274 from Net 806,886 1804. common 205,052 11.008,099 1949 oper. Net-from railway—*. railway. oper, Net will Net 245,281 12,860.830 railway railway..— 171, —V. From Jan. 1— Gross $11,135,137. 1.; ... Depreciation Income 1949 from from Ends With 1949 revenue Costs 194, -Earnings Higher— Six Months Ended Dec. 31— Total 171, p. 280.443 10,406.527 _ from —V. at or National Chattanooga & St. Louis Ry.—Earnings— December- Net on, (see 499,505 income New York of plus right to convert expired 1946 $892,685 508,942 7. December— out 1950 1, sinking fund, $297,000 of first mortgage 3% Nashville Dec. 14, 1949, called for redemption on Feb.i l, accrued dividends, all of its 4'1 convertible pre¬ that would remain unconverted as of Dec. 31, 1949, the date the at —V. out into for converted, 1947 $1,074,683 557,446 income— p. from —V. ; , Trust Co., trustee, Providence, R. Co., Boston, Mass., and The Chase Lank of the City of New York.—V. 170, p. 2027. expired. corporation 1948 $1,111,340 .611,060 Exchange of this company, par 50 cents, the Midwest Stock Exchange at the opening on 30. Stock stock common trading Midwest on Chicago is transfer agent, and is registrar.—V. 169, p. 2754. due Sept. Preferred stock converted 1949 oper. Net Narragansett Electric Co.—Partial Redemption— > $200,000 Muter Co.—Listed business of . had right in additional as $4.59 $1,000,434 ._ Period End. Dec. 31- ■ convertible and as only of mcst available Unconverted v. 4U shaves when was 7,389,580 $7.19 railway from railway— ry, open income... Gross has (The) $5,000,000 of provides that 2131. p. ; issue of outstanding, first mortgage 4% bonds dated Aug. been called for redemption on- Feb. 15, next, at 103 and Payment will be made at the Commercial National Bank, Little Rock, Ark.—V. 130, p. 467. 1946 to additional $2,000,-' an 6. p. The-entire 1, Gross 224 shares of issue of 98,254 Dec. on Y ■ 7,389,580 $1.15 from interest. was 1949.—V. amounts 1, borrow may Corp.—Redeem Stock— original 7,147,755 1,944,62G December—■ Net . 6,991,140 New Orleans Texas & Mexico 492,175 Mountain Home Telephone Co., Inc.—Calls Bonds— ammonia 'plant 20, borrowed company semi-annually thereafter company interest Shoe 8,014,311 11.190,941 $2.49 railwayrailway— 171, 2,610,726 State Melville 1,922,439 1,786,725 - railway—. railway.— from ry. 841.330 Rhode same 1,896,059 362. oper. Net 3,165,007 the the 815,492 3,870.563 from Net —V. 772.285 the at 14,138,895 Orleans & Northeastern RR.—Earnings— ry. 3,076,781 Under 000 19,205,252 — from from 484,474 monies in . 3,709,164 2,333,552 p. New 2,401,616 company may not pay cash dividends in excess of consolidated net income after Dec. 26, 1948, plus $2,000,000. The company is to maintain consolidated net current assets of at least $10,000,000. agreement, 13,323,403 $ 31,228 income railway— railway open income— Loan—Dividend Restriction— the the 18,967,733 237,519 $ From Jan. 1:— 22,272 from Chicago Mead Corp.—Term on 3,529,927 179,237 December— Gross ry. Co. to 5,898,939 Drl32,317 income share per 171, from —V. $5.61 : , 37,456,783 173,135,112 158,848,318 154,167,379 145,524,915 From Jan. 1— existing bank loans totaling $11,000,000, $4,000,000 which Southern Acid & Sulphur a Gross $4,822,812, ——$5.14 leaving —V. From Jan. 1— 2,795,000 $6,991,012 a Earns, Gross 1949 — oper. ry. Net share—$2.12'/a previously borrowed, working capital. increase The off 4'/ a 1948 2,768.480 ... share— common pay to retire Net 4,030,516 1949, the corporation negotiated the amount of $20,000,000. The 1, 39,981,801 taxes) (net) income Net $159,891 .. railway— railway from Net reserves—.— taxes. common in 40,986,710 Dividends $1,500,000 pro¬ stock in excess Earnings— from ■ 10,386,292 .—— per April secured 1949—12 Mos.—1948 $ 45,880,740 income Net $31,934,720 Net earnings Net.earnings per Telegraph Co.—Earnirgs— (alter yearly).—V. Montour RR.December—-. ' •. 1949 : Federal & 1949—3 Mos.—1948 5,766,622 (incl. operating Other 19/803,712 * 14,961,528 —— Provision author¬ 362. p. revenues exps. Net 54,219,925 preferred dividend and sinking fund) subsequent to Dec. 31, 1948, plus $500,000 and proceeds of stock. The company is required to repay $75,000 annually, plus 1/17 of amount of common dividends paid in the previous year (up to an $54,073,351 „ and order through June 30. 1950; to replenish any depletion by the construction of property already Interest deductions agreement Gross ' - Corp.—Earnings, etc.— Gross earnings Depreciation an 36,752,500 30,641,990 465. p. available of Net Chemical sales Borrowings—- of 2,119,732 173,224,246 221,034,427 Operating 7 from An SEC the underwritten be Calendar Years— Net issuance $ " v the occasioned 171, 1946 1947 $16,486,212 $18,790,548 from —V. Inc.—Registers Massachusetts Investors Trust—Registers With SEC-^-r Trust capital Period End. Dec. 31— 1948 Mojud Hosiery Co., Inc.—Dividend Restriction— Fund, registration a covering 400.000 shares of capital stock, Sanders & Co., Boston.—V. The construction of New England Telephone ,v railway.... railway— : ry. oper. income... Net vides Jan. System—Bank announced borrowings surplus. Massachusetts Investors on 30 7 by. five subsidiaries of New England Electric System (Boston), as follows: Attleboro Steam and ELec. Co., $100,000; Central Mass. Elec. Co., $100,000; Worcester Suburban Elec. Co., $100,000; .New England Power Co., $7,800,000; and Worcester County Elec, Co., $3,250,000. Proceeds of the borrowings are to be used to Earnings— 1949 from Net SEC With SEC— Fund Jan. on bank Net The England Electric SEC izing 194. p. Missouri Pacific RR. to be offered at- £15 be used to increase $10, par proceeds with $5,333,846 December- 5,000 Marquette Casualty Co., New Orleans, La.—Files With Securities Exchange Commission— company The 1946 $6,600,554 1,639,103 railway.—_ railway! 171, Net The New 1947 $7,508,283 5.000 — 193, p. (559) 7,000 __— Ohio H. 1948 $5,969,734 from Net. from Maynard H. Murch & Co.— Lee Higginson Corporation- CHRONICLE From Jan. 1— purchase to FINANCIAL 1949 from railwayfrom railway ry. oper. income... Net follows: as & Missouri-Kansas- Texas Ry. —Earnings— pref¬ value)... value) par ($1 conv. COMMERCIAL close of of of major the period contracts $ 90,132,675 199,074,127 unbilled ; employees at the close of the period reports income from long-term company 7,635 11,753 shipbuilding contracts basis; such income for any period the billings on the contracts. Contract bil- percentage-of-completion therefore and ments p. balance vary estimated resulting 1806. from unbilled from balances statutory and are subject- contractual to possible adjust¬ provisions.—V. 170, Norfolk Southern irom Net from 1948 1947 1946' $748,996 $772,283 $818,758 114,490 *120,689 •100,933 58,923 ♦257,321 735,219 $644,325 106,228 28,157 Net ry. 8,766,385 1,685,924 9,948,123 8,848,074 railway income oper. - irom irom Net ry. railway-^ Cost income-,-_ oper. ♦Deficit.—V. 171, 1,366,212 614,655 577,919 7,909,716 993,831 47,430 1,274,984 2,153,423 The Other Net 12,710,180 income charges Net ry. oper. ' 2,081,679 iixed aiter Net —V. Net 4,659,287 2,412,396 27,771 22,515 closed at 53,828 1 . . at Co.—Stock to Parent— Northampton Electric Lighting has company 135, hearing.—V. ' American Pacific of sale headed 1,960,963 Net rv. —V. income— oper. 171, that it because believes canceled be that offer, the Van Ingen bid. competitive conditions has SEC The for a base purchase given interested persons hearing.—V. 170, In opinion an in 000 cash Pacific RR.- -Earnings— from Net from rejected the bid because Net ry. $675,154 ♦10,935 88,215 "72,042 *86,577 *2,106 8.444,495 8,559,250 7,008,536 5,142,274 1,137,067 1,408,963 1,320,627 *236,133 445,027 416,287 *892,539 income oper. $503,853 $591,938 *5,718 ?72,752 .. From Jan. 1—. Gross fTom Net from Net ry. railway.... railway 25,979 income oper. "Deficit.—V. 170, 171, • Jan. on 27, the SEC 5 % % Monroe 111. Chicago, Street, certificates.—V. 170, presentation and surrender of called upon Norwich Pharmacal Co.—To Construction used the in of preparation the production for plant new a Construct New Plant— Net to its wholly-owned subsidiary, Eaton Laboratories, Inc., will commence early in March, Melvin C. Eaton, President, announced on Jan. 27. Site oi the new building is approximately lVa miles the from The main company's This company, written authorized of $300 surplus. from $12.50 to The value par share.—V. per 170, of the stock Holders of 42 Service Ohio line credit time from amount The 1,000,000 publicly held common shares the accepted company's time during 363. p. than months nine The the borrowings which years made be alter and 1950 the date Irving from of given interested 169. p. 2213. Hearing.—V, < to would in 1951 Trust Company company 170, on Feb. $3,000,000 will be from ry. aggregate an Midland Trust Co., in Feb. request to 8 a registration statement with the SEC mortgage bonds due 1980. The under¬ bidding, along with the interest be used to reimburse the treasury for con¬ 171, 583,030 Net ry. oper. 686,213 income charges fixed after Earnings— 1,139,246 • Pittsburgh & West Virginia Ry.—Earnings— 1949 from Net from Net ry. railway railway income oper. $66,482 51,451 8,881 312,548 3,784,783 664,082 income oper. 717,747 • 17,012 18,115 *2,968 995,484 1,109,286 790,269 359,327 452,659 220,786 103,990 134,227 42,892 922,582 < 285,098 $403,697 Net from Net ry. —V. railway oper. 171, p. income railway 1,146,893 a 106. sell to power. R. Paul Smith. President, said at a PSC that the prospective purchaser of the franchise, the Inc., is well qualified to take over operation of the electric Jan. 30 Co.. Frederick Gas service. gas Commission did The decision.—V. Procter ,170, Ended Subs.)—Earnings— (& $32,704,891 $35,938,043 $5.09 $4.03 „ has NOTE—Provision of $18,975 made been for States United from irom ry. oper. 32,311,073 69,293,118 37,177.720 25,917,224 Period End. Dec. 31— 864,076 1,422,905 109,747,175 129,316,400 116,7G0,042 18,480,878 27,412,337 25,865,923 101,426,121 17,911,574 11,951,972 8,331,279 575,959 937,679 income from ry, —V. railway from railway oper. 171, p. 13,604,907 9,378,553 income 195. • • V'l • (& Subs.)—Earnings— Reeves Brothers, Inc. 1949—12 Mos.—1948 1949—Month—1948 $6,129,041 $1,710,819 $5,770,047 expenses 1,245,370 1,350,215 4,816,694 5,051,399 from ry. oper. $2 5,658 $360,604 $953,353 $1,077,642 68,275 148,276 375,049 77,833 105,935 367,078 321,951 $106,393 $211,226 $291,228 Operating •_ sales 1949 1948 $26,055,055 $29,464,560 ;— rev. ♦Includes due $712,000 to ♦Railway tax accruals__ i 464,463 ry.' $89,550- oper. income Other 14,041 15,397 58,891 50.175 $103,591 $121,790 $270,117 $341,403 1,248 Cr35 6,431 5,710 income Total income avail, deducts. for fixed — in "last of first ry. oper. income... ^Deficit.—V. 171, p. 106, 65,172 the three ended Dec. months Reeves Soundcraft The right subscribe to shares of 1948.—V. 31, 179, p. 1703. Corp., N. Y.—Rights to Stockholders stockholders common the additional of record on or Jan. before stock common (par 13, Jan. 5 1950 were recently 25, 1950 for 2OO.0OG at 25 cents per each ' five shares held. to additional amounts cents) A of total called for will ment York, $1,337,000 first mortgage 27/»% redemption be made trustee, 43 March on at The next, 1, Chase Redemption— National Bank interest. and of the Exchange Place, New York, N. Y—V. income , $335,693 share 154,296 130,798 Each shareholder also had the right to subscribe . t$173,031 $109,390 t$204,895 pro-rated if all the stock mentioned above was proceeds will be used primarily to enable - " bonds due 1961 have been at 101V* $263,686 Cr51,206 $57,884 charges Net Oklahoma Natural Gas Co.—Partial $121,825 ,44,459 $102,343 charges Fixed Pay¬ City of New 171, p. 363. income taxes for net interest account adjustments and " ' litigation.—V. 170, p. 2066. 91,200 41,165 71,670 CfE,529 tlncludes credit of $90,997 's v ♦ . Oliver Corp.—Dividend provides 000,000 ©r acquire exceed current or any net 200% that stock the (as funded ally are one year.—V. not restricted, 170, p. The r recently borrowed $15,not pay cash dividends on company may thereafter (1) such disbursements do not 31, 1948, plus $1,000,000 and (2) net Oct. defined) debt; Restriction— the company unless income, after assets of which under agreement ance The 400.. the greater of from the same of the least cents approve, at the annual effective June meeting 3, 1950, on an April 20, increase 1950, in the will be capital shares to 1,500,000 shares and the issu-of two shares of the new stock for each present share held; At dividends up to $400,000 annu¬ payments not to exceed $800,000 in any at shareholders, to $30,000,000 are but preferred such asked stock the present 750,000 time, the stockholders Will be asked to change the par value capital stock from its present no"par to $5 par value. directors' have declared the regular quarterly dividend per share record Feb. on 17.—V. the present stock, 171, p. 195. payable March the magnetic 50 of one new share for not subscribed for. tape 169, p. 1674. Rheem Manufacturing Co.—Acquisition— has purchased the boiler and tank business of the Corp. at Portsmouth, Ohio. The purchase includes all equipment and inventory at Wheeling's Portsmouth plant, where the; "Whitaker" line of range boilers and tanks have been manufactured This company Wheeling Steel exclusively. of 10 to holders of basis the company -to recording field, for general working -capital/ and for such other purposes as the board of directors may determine. As yet no specific allocations of this capital have been made. The company's office is located at 35-54 36th St., Long Island City, The 6, N. Y.—V. Pfeiffer Brewing: Co.—Plans Stock Split— The the on enter *Incl. Fed. inven¬ consolidated net profit, after taxes, of the company and its subsidiaries totaled $1,126,764 for the three months ended Dec. 31, 1949, equal to 99 cents per share on the outstanding common stock. This compares with consolidated net profit, after taxes, of $1,518,631. or $1.33 per common share, for Reeves, President, also reported that to be Net out" • John M. given Inc. reduction 4,504,622 2,672.905 $2.34 *3,194,345 1,927,964 $1.69 taxes profit b?f. Federal and State income Net prolit after taxes a Net profit per common share 2 Net $1,481,028 revenues $8,890,131 1,905,826 From Jan. 1— Gross Net Ry.—Quarterly Earnings— 1946 1947 1948 1949 $9,166,693 $10,563,903 $10,910,433 1,025,621 1,499,818 1,989,919 railway. railway Six Months Ended Dec. 31— Operating foreign in¬ 171, p. 3643. and in 1948).—V. ($15,659,000 1949 in 1948 1949 Dec. 31— Earnings per share on common stock taxes it would hand down, when not say - Gamble Co. & Months 2228. p. profit come 400,132 428,693 1,639,649 has filed a petition with the Maryland Public Service out its gas service- in Frederick and concentrate on company hearing 4,769,492 6,835,706 1,632,934 8.800,480 2,970,037 " ' 1,935,588 " Edison Co.—Plans Sale of Plant— Potomac Net 842,211,159 399,982,900 903,268,089 822,007,585 76,331.185 118,797,403 167,136,923 113,390,548 466. Peoria & Eastern *87,486" *31,722 555,368 139,035 106,742 7,300,213 1,463,378 oper. income ♦Deficit.—V. 171, p. Net railway____ 33,517 22,451 $82,223 1946 $608,514 36,397 " railway from Net 1946 1947 1948 1949 from Net 1946 1947 $717,722 165,867 From Jan. 1— Net Equip, and joint facility 1947 1948 $543,862 59,834 December— " Gross Gross > $69,763,724 $82,065,71.8 $76,770,690 $66,667,791 7,059,904 5,071,990 8,931,693 10,424,914 railway railway- > Reading Co.—Earnings— 466. p. From Jan. 1— Gross Net a $101,062 income opers. Net filed 1,722,115 375,650 247,844 $3,930,302 $36,767,098 $45,072,897. 546,780 3,770,219 9,266,785 683,680 5,790,845 9,677,960 1,102,272 5,064,145 8,328,659 $3,162,204 ry. furnishing York, New u 1949—12 Mos.—1948 1949—Month—1948 , revenues, from tories. until 40,431 railway • oper. rev. December— Net 1948 railway... from Extended— by competitive will costs.—V. Miscellaneous Net from Period End. Dec. 31— The p, 1 ; $165,029 71,148 61,081 106. Commission first of decided proceeds The struction from Co., 2,577,922 814,899 595,707 329,359 income Net . ^ Pennsylvania Power Co.—Registers With SEC— Net $101,578 railway railway...... oper. ry. Marine 888. and 1947—V. From Jan. 1— Gross ^ , the Manhattan a 1949 from from Net Net its expand City-Ada-Atoka Ry.—Earnings— December— Gross to issuance. persons 171, p. Gross company under made be 850,892 404,524 railway Railway in has obtained an extension on the unpaid balance of a revolving credit agreement.' ■■ The $3,000,000 4% notes represent the unpaid balance of a $7,500,000 loan obtained from The First National Bank of Boston, Bank of The loan Gross establish 3,046,884 540,132 1946 . Pittsburgh & Lake Erie RR.—Earnings— These facilities, to be located in estimated to cost $14,689,500.— are • -1 , rents Oklahoma Michigan, and December— for authority SEC under has SEC authorization existing stations. units at Pennsylvania RR. $4,000,000; Guaranty Trust Co. of New York, $4,000,000; Bankers Trust Co., $3,200,000; Mellon National Bank & Trust Co. (Pittsburgh), $3,200,000; Central Hanover Bank & Trust Co., $1,800,000; and Chemical Bank & Trust Co., $1.8O0.P0n. The initial borrowing would be in the aggregate amount of $7,000,000 on or about Feb. 10, 1950. Proceeds of the initial borrowing would be used in part to pay off $5,000,000 of outstanding bank loans. Additional borrowings will be made from time to time in amounts depending upon Ohio Power's cash requirements. Notes issued therefor will mature in not more would borrowings 27 •, Pathe Industries, Inc.—Bank Loan rate. of Ohio which $18,000,000. exceed to the to banks six with to not applied has Feb. commence offer exchange Co.—Seeks Bank Borrowings Power company of has will % The 28, it was reported on Jan. 26.—V. 171, expires Feb. The of the y Co. —V. 171, p. 466. writers Plan— 10,627 2,222,100 income oper. from covering FUbllc ry. Six changed was 1947 $240,761 63,233 43,212 ry. December, 2334. p. Ohio Edison Co.—Exchanges Made Under from Net Net 1 Transamerica Corp., has received approving an increase in the of hearing stockholders all from 1948 $211,284 27,866 18,006 35,978 railway " capital slock from $3,000,000 to $12,500,000, by the transfer $9,500,000 from subsidiary a consents 1949 $239,130 - oper. Net Indiana, the general into v'' subscriptions go stock the railway from svstem V. (of Calif.)—Stock Incr. Co. Occidental Life Insurance Commission to Illinois, drug products including Pepto-Bismol, Unguentine, Amolin and NP-27. Its sub¬ sidiary, Eaton Laboratories, Inc., supplies ethical drug products to the professional trade. The new chemical plant is expected to get into operation on Aug, 1, Mr. Eaton said.—V. 170, p. 1806. a from —V. 171, p. 8. D. C., on the applications of this company and Trunkline Supply Co., which are seeking authorization to construct pipeline facilities to carry additional natural gas< to markets in the Midwest. -Trunkline is proposing to construct a 740-mile Louisiana-to-Illinois pipeline designed to carry about 250,000,000 cubic feet of gas per day for delivery to Panhandle. Estimated overall cost of this project is compressor in Norwich, N. Y. variety of proprietary plant manufactures company ry. Washington, capacity and pany years. railway enable it to transport the 250,000.000 cubic feet of gas, plans to build 170 miles of pipeline and to install 16,000 horespower in be continuance of the a of 95 cents From Jan. 1— Net Power 1950. dividend credits, contingent upon proceeds Irom from Gross that concluded Commission approximately $85,000,000. Panhandle, which is seeking manufactured by this com¬ drug products Oi of chemicals Gross Net Gas 888. p. three net Net Federal a Pittsburg & Shawmut RR.—Earnings— stock hold— Panhandle Eastern Pipe Line Co.—Hearings— cumulative preferred stock at 100 and dividends. Immediate payment will be made at the Harris Trust and Savings Bank, 115 West of before Feb. 15, or dividend of end both offers rejected original proposal of a minimum of $10,000,000 to a minimum of and have indicated that such minimum might be raised to A has called for redemption on Feb. 28, next,- 180 shares * company total a . 363. p. on company December— . . 106. p. Service Co.—Calls Preferred— Northwestern Public The V. and 2228 p. Conn., The American Power & Light Co.'s common the authorized 17 Employees' Stock Purchase Plan at the per share per annum, and interest allow¬ provided in the plan, have the effect of reducing the above sub¬ scription price of $15 per share to an actual cost of $11.63 per share to the subscriber at the time the stock issued to the subscriber at the competitive conditions had not been maintained and that the requested exemption from com¬ petitive bidding could not be granted with respect to either of the proposals. "However," the Commission stated, "In the event that new negotiations are undertaken by American with any interested pur¬ chasers; incltiding the Van Ingen and Allen Groups, and a clear showing is made that American has fully maintained competitive conditions in such negotiations, we will not require competitive bidding."—V. 171, 1946 1947 -1948 1949 94,267 ... of The the Allen Group came forward with an offer of $15,000,and thereafter the Van Ingen Group improved materially Accordingly, Jan. on company's common stock for subscription by employees under current $15,000,000. $732,739 railway— railway of 10,000 shares of the the terms subscription price of $15 per share, payable at the rate of 32 cents per share per month. Sub¬ scription applications must be received by the Treasurer in Stamford, directors The Shortly after the recent announcement of the contract with the Van- their December— Gross shares are the period Pitney-Bowes, Inc.—Employees Offered Stock— company Co. and $14,500,000, Northwestern further invite to working capital of the company.—V. 171, p. 363. announced the purchase of Ingen Group, 2586. p. & Offers Rejected— from The Minnesota Vallpy price of $27,785. until February 10 to request purchased be to are the Allen absent when it was drawn.- ings in Pacific Power & Light Co.. Cooperative the decided have 21,066 of aggregate an call for tenders dated $134,033, leaving unex¬ for this purpose. The tenders of preferred at a price totaled $250,000 authorized ances The SEC at the time were for properties said of accepted. is offer new areas. Electric Power, offer an it pointed out, that if the SEC turns down the $16,125,000 American asks reconsideration of the SEC order turning However, (Minn.)—Proposed Acquis. the if applied to the SEC for authority to acquire the existing electric distribution and street lighting system located in the city of Henderson, Siu.ey oo nty, Minn., mciuding certain rural electric distribution lines extending into adjacent suburban or -rural The of $115,967 17 announced that purchased under a purchase Stearns & Co. for $16,125,000 American of urging acceptance of the Allyn-Bear, Stearns offer, said previous sales contract with B. J. Van Ingen and associates down has company were The price of $6.50 a share. Until 17,400 additional acquired the company will accept tenders made during ending Feb. 17, 1950—V. 170, p. 2439. would cash Northern States Power Co. The Jan. 011 shares 1949. 10, directors in the will 7. p. bid President Jr.,* Conyers, P. materials, the price runs to "considerably more" and company preferred 135, Light Co. on Feb. 2 asked the SEC to approve common stock to a group of investment firms Power Aller, Co. & counsel, 157,177,313 142,591,148 12G,744,079 35,555,723 30,154,601 20,949,419 11,017,915 20,140,126 18,005,493 13,351,894 24,991,898 railway Carolina was dis¬ W. Piper Aircraft Corp.—New Offer for Stock— have to yield an ultimate $19,000,000 to equal it. The latter group offered $15,525,000 in cash plus two-thirds of the net. profit realized by the buyers over and above 10% of the purchase price. American Power wants to dispose of the 500,000 Pacific Power com¬ mon shares before Feb. 15 in order tb gain certain tax advantages. Its 150,176,139 railway— from from Net L. this Blyth $10,924,810 1,063,977 3.391,102 1,858,825 2,833,003 1,431,947 1,718,303 3,130,063 income.— hearing. stipulates, he said, that Piedmont will take over the properties than Nov. 1, 1950.—V. 170, p. 791. The Power & C. Allyn & Co. and Bear, by A. favors $11,801,208 $13,672,220 $14,133,236 railway manufacturing gas South and Commission Power Plants— artificial 10 North fixed From Jan. 1— Gross reorganization.—V. Federal a of company later pended 1946 1947 1948 1949 oper. ry. not Chandler Bank¬ Pacific Power & Light Co.—New Bid Made— The Ry.—Earnings— railway from from Net further of $350,800 and assets of 300 unsecured creditor will the on $5,000,000, he said, but he did not specify the amount. The sale upon Piedmont receiving authority to serve natural gas to communities in Virginia and the Carolinas, he said. The agreement cash. December— Gross liabilities listed the of total of 4,787 shares at its first tender.—V. 168, p. 1258. contingent Dec. Howard Net lo share. be opened on will and 8 a than .1001. p. 5356. Northern Pacific petition Chapter under this by additions certain $3,736 Inc.—Petitions to Reorganize— $240,800 as of Dec. 31, 1949. Many of the receive stock or debentures as a result of requested p. reorganize The Act. ruptcy SEC authorization to issue and sell to its parent, New England Electric System, an additional 1,200 shares ot capital stock ($100 par), at $400 per share, or an aggregate oi $480,000 cash. Northampton proposes to use the proceeds to retire its indebtedness, aggregating $480,000, consisting oi $150,000 of advances and notes owing NEES and $330,000 of outstanding short-term notes. The SEC has given interested persons until Feb. 13 to request a The purchase 18 voluntarily filed a petition in Federal Court to York New Feb. President, said the plants were purchased from the Duke-Power Co. for $5,000,000, and will be converted to natural gas use. Including 44,000 is Jan. price of $20.89 per share average and distribution systems in *$736,776 The company on before or Piedmont Natural Gas Co.—Buys 10 171, p. 363. Ovington's Gift Shop, 7. 171, p. on plants taxes trust last month purchased $98,022 . inc. earnings ♦Loss.—V. made *$648,507 $ 15,484,569 3,441,926 oper. be company 24,750 - — paid, etc. Loss 011 loreign exchange Prov. for Federal & Canadian $ $ 148,946,972 185,539,356 34,903,117 60,335,804 2.515,417 20,7.94,351 38,508,960 3,132,403 20,531,287 38,877,032 revenues. revenues— oper. ry. voting 37,396 — the purpose of inviting certilicates for common for $250,000 and 34,441 income $ Railway stock $73,272 Interest 1949—12 Mos.—1948 1949—Month—1948 an aside set common must The 9. The Earnings— Western Ry.—December & Period End. Dec. 31— 151,535 its of Company stated they will consider tenders up to $24 per tenders All Feb. has company stock. *$685,903 operations—:— earnings from Net 7. p. 1948 $5,333,528 5,108,721 J .... Total Norfolk 1949 -'$2,554,301 of operations (exclu. prov. for deprec.)— • 3,085,311 for deprec. of oper. plant & equip... 154,893 saleS Prov. railway Pickering Lumber Co.—Issues Tender Call— Subs.)— (& tenders 3 Months Ended Dec. 31— Net From Jan. 1— Gross Net Manufacturing Co. & Monday, February 6, 1950 CHRONICLE FINANCIAL & Earnings— 1949 railway Marine Outboard, Ry.—Earnings— December— Gross COMMERCIAL THE (560) 8 This annually.—V. 171, business p. has to approximately amounted ■ 466. / FnntiniiDj r\n no etc . - 49/1 $3,500,000 T ( Volume 171 Number 4879 THE COMMERCIAL & FINANCIAL CHRONICLE > Stock Record (561) New York Stock «» DAILY RANGE OF PUCES WEEKLY VOLUME OF YEADLY RANGE OF SALE PRICES Range for Previous i Year 1919 Lowest $ per sliate 37 Range Since Jan. 1 Highest Lowest $ per share Jun 51 $ per share Dec 49% Jan FOR EVERY LISTED ISSUE STOCKS NKW . Highest YORK LOW STOCK Saturday EXCHANGE Jan. $ per share 13 54% Jan Par 21 Abbott Laboratories Dec 2% Feb 1 3% Jan 11 ACF-Brill 21% May 19 % Jan 3 21% Jan 11 Acme StecJ Co. lVa Jun 17% Oct xl7Va Jun 23 Dec 21 % Jan 13 23% Jan 11 Jan Sep 41 24 42% Jan 23 27% Mar Adams-Millis 47 Dec 43 13 45% Jan 4 14'/a Nov 19% Dec 17% Jan 3 24% Jan 30 5% Jun 11% Dec 9% Jan 2(1 11% Feb 3 Jan 5 51% Jan 5 22% Jan 3 46 May 18% 51% Jan 51 Dec 23% May 110% Dec 97% Mar 2% Jun 13% Feb 18% 4% Jan Jan 110% Jan Nov 3 25% Jan 24 11 10% 11 73,100 11 11% 36,600 78 % Jan 3 85% Feb 2 5Vz'U Dec 80% Jan 24 83% Jan 4 $2.50 Dec 19 Dec 19 Jan 3 Feb 2 Jun 30% Oct 28% Jan 13 29% Jan 11 13 36% Feb 3 25% Allen 211% Jan 23 Allied Chemical & Dye Allied Kid Co No par 5 20% Allied Mills No par .28% Allied Stores Corp 200% Jan 13 21 94 Jan 9 95% Jan 3 31% Jan 13 34% Jan 9 76' Jun 88 Oct 87 % Jan 3 90% Jan 18 Feb 3% Jan 38% Jan 4 4% Jan 26 Oct 102 Jan 18 113% Feb 3 40% Feb 2 44% Jan 10 Sep 10% July 9% Jan 40 3 10% Jan 5 Dec 69 % Jan 4 75 % Jan 6 Dec 24% Jan 14 26% Jan 7 12 Dec 35 Jan 32% Jan 3 Jan 102% Feb 3 69 96% July; 5% Jun Oct 104 64 Feb 2 6612 Jan 7 10% Jan 13 11% Jan 7 10% Jan 4% Dec 7% Jan 3% Jan Jan 106% Dec 105 % Jan 3 35 Jan 12 104% Jan 20 13 Jun 172% Mar 187% Jun 60 26 27 + 30% Mar 21% Jan 70 Jun 2% 11 Jan 61% July x7% Jun 81 11 40 45 Jan 20 25 Jan 120% Jan 51 36 % Jan uec 4% Nov Jan 6% Jun < 4 25% Jan Jan 9% Jan • 3 183% Jan Sep 33 % $4.50 conv preferred 17 5% Jan 119 190 4% No par common conv preferred Amalgamated Leather 6% Co com Petroleum ___50 3%% Airlines cum Shoe Co convertible preferred American Broadcasting Co 7% 3 28% Jan 12 82 Jan 70 % Jan 4 75% Jan 24 25% Dec 24% Jail 16 26% Jan 12 39%. Feb' 47% Sep 44% Jan 7 49% Jan 31 American 15%' Feb 19 % Dec 18% Jan 24 19% Jan 9 Jun 19% Oct 18 18% Jan 9 71% July 35 % Feb 99 Jan 25% 87 Mar 51% Dec Jan 5 82 Jan 3 49 86% Jan 23 Jan 13 52% Feb Dec 115% Jan 16 122% Feb 3 36% Mar Jun 32% Jan 13 35% Jan 27 120 2 4% 6% $ per share Oct 15% Feb 19% Dec 13% Jan, 21% Nov 20% Jan 1% 19% Jan 24% Jan 3 30 2% Jan 3 3% Jan 11 Dec 64% Jan 3 74 % Jan 10 19 % Dec 16 Jan 3 19% Jan 10 61% Dec 54 Jan 3 64% Jan 11 Oct 51% Dec 49% Jan 3 5438 Feb 3 42% Jan 18 Jun 43 % Oct 40% Jan 25 Jun 5% Oct 4% Jan 3 5% Jan 12 46 Jun 48 Nov 47% Jan 5 48 Jan 30 24% Jan '• 32% Dec 31% Jan 4 34 Jan 20 Jan Feb 9% 7% Jan Sep 4 Jan 10 91 Jan 20 14 Jan 13 15% Jan 9 22%. Jan 12 22 % Dec 21% Jan 25 12% 18% Jan 15 27 73 Jun 11% Jun 15% Dec 76 Jan 84 Sep 4% 102 Jun 11 90 Dec 15% 15% Mar Jun' 8% Jan Aug 100 84 Jan Jan Jan 4 90 3 Feb 3 16% Jan 9 83% Feb 3 574 Jan 3 32% Jan 26 6% Jan 11 Jan 17 Feb 4 - 14% Jan 12 78 , 7% Mar 22% Jun 96% JanJ- 5% Jail- 6% Jan 5 7% Jan 28% Nov* 33% Dec 29%'Jan 13 32% Jan 5 32 Feb1 36 % Aug 34% Jan 25 36% Jan 28 33% Dec 105% Nov 7 34% 104% Jan Oct 3 YORK 34% Jan 105 American 11 Jan 9 7 Foreign Power com__No 130 Feb JanJan 56% Jan 164 Dec 42% Dec 150 Sep 43% Jan 3 166 Jan 18 42 Jan 5 Feb 2 145 Jan 13 24% Jan 3 141 28 Jan Dec 29% Jan 13 Jan 10 Va Jan 5 38% Jan 25 5 128% Jan 57% Jan 9 41% Jan 10 574 *47% 800 5V4 53a 49% 5 Viz 497a 1,600 *47% 497a 200 331/4 11,600 *43 32% 7% Jan 3 27% Jan 3 Jan 5 79 Sep 91 % Mar 85 59% Jun 80 71% Jan 10 4% Jun Jun 25% Jun 22% Jun 25% Jan 99 % Mar 65 Dec 35% 62 Feb Jan 3 30 3 32% Jan 28 93 74 Jan 30 Feb 2 7% Jan 10 65 Jan 12 Jan 3 Jan 28% Jan 3 35% Jan 28% Jan 13 40% Dec Jan 27 40% Jan 6 106 % Jan 20 109 Viz Jan ll 108 Dec 48% Jun 55% 15% - 6 Dec 9 % Feb 37 31 31% Jan 12 Jan x51 Jan 12 53 y2 Jan 20 21 23% Jan 7 Jun 28% Dec Jan 13 8% July 11% Nov lO'/a Jan 12 4% Jan 9% Jan 3y8 Jan 4 2% Aug 26% May 4 3% Jan 12 42% Nov 34% Jan 13 For footnotes see page 20. 40 Jan 6 49% 48 48 32% 32% 32% *7% 3 % *90 91 *15 15% 7% 90 16 Va 32% 82% 32% 6% 6% 6 Viz 32 Viz 107 13% *175 36% 32% *105% 38% 25 100 American Water Works Co Inc 5 American Woolen common No par 7% preferred 100 $4 conv prior preference No 19% 148% Copper Mining Anaconda Wire & Cable— No par Anchor Hock Glass Corp com__12.50 $4 preferred No par Anderson, Clayton & Co Anderson-Prichard Oil Corp 17 90 15% 1574 85 8374 83 74 *105% 107 *6% 31% 31 31% r 36-% 36 36V4 16% 16% 1614 7 7 6 V4 6 74 32'% *105'% 7 774 500 31 % *35% 3674 15,000 *3574 35% 400 136%. 136% 137% 137% 167a 138% 237% 138 30,200 115 138 115% 115% 138% 115% 1387a 116% 1151a 116% 115 74 11674 115% 116V4 9,700 13,400 14% 14% 14% 14 V4 14% 14% 1474 14 176% 14 176% 176% 41% *41 55 55 159 153 42 143 y2 *41 *141 41% 5614 *36 *175 7% 45% *41% 56 177 38% 132 20 Va 148% *11% 38 % *130 20 148% *175 16V4 177 16 .137 *175 7% 7'% 7% 47% 471% 47'4 4674 41% *41 y8 56% x55 41% 557a 4174 55 42 *41% 42% 42 42 *41 143% *141 143 141 12 39% 12 39% 132 12 40% 132 20% 20% 20% 149% 148% 149% 153% 159 >/a 158% 30% 31 31 12 V. 40 Viz 20 12 Va 40% 117a 40 Va 148% *130 21 21 2274 149 149 Va 149 V'g 74% 8 V. 75% 153 7474 152 8% 135 7534 152V4 72 118% 9 12 39V4 *130 22 14914 751.4 600 20 11,100 1,500 12 1,000 40J4 3,700 134 '4 200 22% 6,300 149% 38,500 7574 10,500 152 152 190 71 72 3,600 118% 118% 280 32% 31% 32 Va 39,800 32 30 y2 8% 31% 974 31% 93 30% 31% 30% 92 3174 93 9 2 Viz 22,600 93 *92% 93% *92% 93% 92% 9274 76 *72% 76 *72% 75 76 6% *72% 6% 6% 6% 614 .ey. 62 62% 63% 6314 63 y4 63 V4 29% 29% 30% 29 % 30 2 9 Viz 29% 29% 29 Viz 30 2914 30% 29% 30 37% 3 7 Viz 37% 3714 3 7 V4 37% 37% 107 *106% 107 *106% 107 53% *52% 53% 5314 21% 21% 22% 22 22% *9% 10% 10 74 10 y4 *10 10% *5214 *106% 74 67a 63% 21% * 12 407a 135 118% 8% 4174 143 30 Va 118% 8% 41% *140 30% ii8y2 8% 270 30% 118% 8 70 11,700 267a 118% 8% 4174 55% 159% 25% *130 30 2,600 557a 2574 118% 75 141 36,100 13,600 15874 25% 118% 74% 153 % 4174 41% 4774, 25'% 118% 75 153 4174 56 159Va 7% 2574 70% 74% 153 1474 177 7% 159% 132 14% *175 7% 47 V4 158% *141 177 13% 7% 159 1431a 167a 4714 70% 37% 107 *7 36% 70 y, *28% 120 600 1,200 16% 152% *106% 200 9,100 36% I5314 70% 28% 1,400 22,600 "v16% 70% *62 20 3174 70% 31% *10574 6 74 33 700 1,800 31% 70% *92% 7 6 7a 33 4,500 17.500 3174 71 % 8 107 7 . ,74% 118-% V4 32% ' *52% 5 1674 90 1574 6% —_20 Far 16 90 *83 32% __i._l0 No 83 ♦ey* 21% A P W Products Co Inc 83 8 90 16 1574 153% 6% —.50 .< | ' *89 1514 71 *73% 25 16 y8 90 1474 .74% 1 $5 prior conv preferred 1574 *89 *152% par com 2174 32 w, 30% *130 21 Va 6% 12 5 21% 21% 32%' 107 12 No par 21J% Va 30% 7% *141 15% 30% 45% 54% 15% 7% '30% 7% 159 6% 33 107 45% *41 85 *32 Viz 7% 25 *82 *105% 45% *41 15 *21 15% *105% 15 21% 89% *6% 32% 15 21% 15% - 8 *89 21% 14% 32% 8 21% 89% 3274 *77a 90 15 16% 32 Viz 8 7034 *89 1514 15 Va 32% 7lVa 90 14% 39% 69'/4 5V4 *7% 1514 15 69% *89 15 7% .100 32 y4 8 90 45% common Archef-Daniels-Midland 327 s 8 *89 15% 15% 100 Mining 32% 8 90 *37% 90% 13 preferred 100 American Viscose Corp common..14 5% preferred Andes Copper ♦47% 15% *87 -J--6* Anaconda 514 49% 15% Refining com—_10O Amer Zinc Lead & Smelt 514 21% *81 preferred 6934 *47 Viz *21% 100 American Stove Co__ American Sugar 153 % 8% Mar 3 Viz 4174 26 Jan 4 374 41%' 25% American 11 37a 3i/a 4,100 41 Va 30% 9 Jan 4,000 Va 25% 76y2 Jan Jan 23% 23 3% 41 30% 73% Jan 16 75 600 23% 23 41% 25% Dec 154% Jan 11 7 Vi 19% 3 Va Miy* 5V4 30% 76% 120 7% 1974 237a 5 % 30% Jan 16. 7% 19'4 5% 70% 25% 3 151 '/4 Jan 774 *18% 5% 70 30% 149% Feb 69% Jan 13 117% Jan 25 70% 25% 3 Dec 69% Shares 7% 22% 3% the WeCk 19% *18% 23 3% if, Sales for Feb. X *5 % 1 —100 146% Jan Dec 3% No par Jan Aug 3% r 7% 19 —No par Co 150% 74 7% Friday $ per share 11,500 No par Jun 121 7% Thursday 18% No par preferred Tobacco PRICES 5474 . 7% 1,400 53% American Sumatra Tobacco. American Tel & Tel Co 132 share 5 Amer Smelt & Refg com American 17 S'per No par American Steel Foundries. 12% Jan 3,800 34:,a 54 74 7% preferred American Snuff Co common Stores 1223^ 34% 53 74 .100 Safety Razor Seating Co Ship Building Co 26% Jan 12 11 SALE 122 3474 53% No par com 32 Jan HIGH 3474 53 Via preferred non-cum AND 35 20,000 53% 16 3 48% 34% 52 38 41% 16 31 77a 35 7'a 100 52 41% No par Jan Feb 34-% 52% 122 53 Amer Power & Light coinj 22% Feb Jan 34% *34% 7% 13 38% 5174 120% 53 % 30% 19% Jan Jun 51% 121 Viz 4114 *6% 6% *85 5174 120% 53 30% 36% American 87 51 % 120% 41% 100 Nov 21% 87 51 11914 4114 —100 Nov Jan *85 *80 51 119% *40% No par 20% 6% 18% 87 87 50% 119% 71% 100 128% Apr *85 *85 62 No par Jun 49% May *18 187a 1 July 135 1,300 87 1874 61% 50 16 xll7% 19 Viz 1874 18Va com 120 60% 18% 61i% American Natural Gas Co_„_No par News Co_ ; No par American 13 31% 138 5,900 *18 *18 177a American American 13 Jan Dec 4934 18-% 19% 60 Amer Machine & Metals No par American Metal Co Ltd com.No par 4% % preferred 100 American Molasses Co iz 1 11 27 Jun 45 1,300 49% 19% 17% preferred 11 Jan Jan Jun Feb 49 1974 10 Amer Mach & Fdry com 3.90?« preferred '9% Jan 53% Jan 7% 31% 25% 48% 19% 60% American Locomotive common——1 48 40 Va Jan 158 19% 21% 12% 25% 491a *1974 17% Mar Jun' 25% 48% 1974 6014 169 39% 4974 19% 18 136% 34% 49 19% 18% *75 61 % 114% 142 25 Viz 48% 48 *25 17% No par 16 200 19% 2574 60 Viz :_No par 25 26 75 % *17% 25 % 3% 69 % 240 9,300 17% $5 preferred Jan 75% 6,700 28'4 61% $6 preferred 7% Jan 27% 17% 3 40 187 18634 27% 59% 116% Feb 44 y2 Jan 11674 186 74 2774 75 % 17% 4 • 186 28 75 Va 53% 107% Jan Dec 187 2774 59% Dec Nov 116 16% 109% 43% 117 52% Feb 49 10,200 115 187 25 Va 19 Jun Jan 19,100 4%< a 757 23 10 Jun' 8% 4i 27*'* 2514 19 70% 23% 8% 4% 116% a 500 8% 7574 25% 23 *69% 102%, 8% 1 474 116 187 2774 *75 19 3 37 ' 59% preferred San'y 187 22% 138% Feb Dec 4% 18% 4 8% 8% 474 7- 3% American International Corp.No par American Investment Co of 111 l 7% 102% 8% 4% 10 Co convertible preferred Home Products American Ice Co common Amer Rad & St IO314 8% 474 23%« 3 10 *10274 2,800 3% 18% Jan 14% Jan 8,200 Feb. -4 Jan 176% Jan 30 11% 3 4 74- 3 per share 15 13% Jan 13 11% 33%' t per share 128 176% Jan 30 lI'/4 33% $ per share Dec Sep 11 33% 115% 76 200 111a 4% 2714 65 34y4 103 117%, 188' ' 3,500 65 64 34 103 117 1,700 25n4' 64% 64% Feb. 1 Dec 6% Mar' 8% - 103 107a 71 25% Va Wednesday 130 Jan 3474 103 2,700 31,900 lu Va 703., 25 11 42% 42% iU"H 70% 25'a Jan. 81 Feb' 14% 33% 103 . 1,000 2,000 70 34 25% 6474 11% 4 7-4 45 113% 10 Tuesday Feb' 178 34 64 74 4 4174 • Jan. 30 7% 16% Jan 30 112 11,300 "4,800 6% 7% *40 111 4074 10% 23 par American non-cum 4 45 110 41 No par , & Electric American Hawaiian SS Co American Hide & Leather 6% 4 *38 45 109 Viz 40% 500 1,700 No par $7 2nd preferred A Gas *38 106 41% 71 6% No par $6 preferred 36% Monday $ per share 1 $7 preferred American 36% Jan.28 83% 15% 35 3674 4 Saturday Par Amer & 45 4174 LOW STOCK No par Dec Feb 20 36 Va 4 Va :10 27 50% 119 12,700 89'3' *7074 25 74 187% 87 50% 119 33% 89% 10:% * 10 ,_i.—40c Jun• 5% com__ preferred series A.100 American Export Lines Inc 3% 11% *85 12 69 % 73 100 300 3374 90 74 7174 2674 *7514 19% 13% *18 9474 33% 90 Va 10% 8% 47% *19 94% 327a 90 Va 47'a 107 106 700 1,200 12,500 33 % 37 70% 4% 25 47!'a \ 36 74 25% 116 78V2 25 35% 947 a 10% 103 27% 10 21 37 3% __lo Encaustic Tiling American European Secur 45% 34 27 29 36 3714 32% *8934 4 *39'% 42 - *33% 138 $ per share 7% Jan 4 ' *75 28% 357a .94 Va 26 4% * 187 2374 35% 71 9V« 4% EXCHANGE Jun Jan 4% 33% 1,200 3,900 2874 10 119 Distilling, Co NEW Jan 6% 37% 9 211 21 70 % 33% 119 No par No par Co prior preferred American Cyanamid Co Highest 6% Jan 6 18% Jan 28 44 90 3774 9,600 *8% 21 25% 1 103 8% 1 1 476% Range Since Jan. 1 Lowest Highest $ per share Feb 90 STOCKS Year 1949 Lowest Sper share 33% —100 Chicle Range for Previous 32% 89% 37 11 Colortype Co American Crystal Sugar com conv 33% 89% - 209% 95 *94*4 - 25% 21 35% 95 64 7 American Car & Fdry com—No par 1% preferred 100* 3%% 36 95 11% 25 American Chain & Cable American 357a 95 % 64% American 14 28% 11% common preferred > 19 % July 28% 64% American Cable Ac Radio Corp American Can Co 18 2117a 20 Viz 2574 9 206 74 2014 11 Inc 14 Jan 9 206 y2 : 20»4 64% *102% 9% 20 6 74 10% '—100 9 251/a 2074 64% No par - com 4% 974 2474 206 74 2 28 Jan 91 35 Viz 10% 30,000 2,300 100 *88 —50 American Bosch Corp Brake *98 92 10 preferred Amer 101 *88 29 71 26 *97 92 97a 45 *25% 101 *88 25 *20 107 *70 84 *97 *2874 41% 4 *81 92 28% *3% 84 86 9974 24 74 206 20 % 32% *81 1,500 71% 37a *8574 *88 206 *39% '10 84 a 24% 9% :'105% 100 • common *81 *70 7a 374 857 *9674 92 va l preferred 84 50 5,200 1774 24% 100 41% 41% *81 24% 37 * 71V4 374 85 V4 33 V4 45 106 common conv American Bank Note 6% *38 *105 No par *69% 3% *95 4 No par Corp Amer Agricultural Chemical American 4 71 Va 85% 28% 37% 1 convertible preferred Amerada 89% *09% 9,000 3 3 3% 20% 32% *39 71% 370 24 121 17 8574 205 Viz *36% No par 3 17 3% 9% 95% 32V2 par 100 Alpha Portland Cement 3 17 85 '/a *96 Viz 35% *95 3% 17 y. 3% *88 20% 28% 35% —100 Mfg common.No 3 7,300 4 51% 2374 121 17 ■ 85 74 84 41% 5174 23% 123 3% 9'4 206 51 % 23% ♦121 85 y2 24-% 92 204% 374 17-% *69% 51% 23 Va 121 3% 100 *9 3% * 51% 23 Va 120 16% 17 70 Va *81 24% *88 ___1 preferred 3Y*% *96% gtd—100 Industries Inc Allis-Chalmers 24% No par Allegheny & West Ry 6% Dec 89% par 2374 120 85 74 84 10 Nov 34% Allegheny Ludluin Steel Corp.No 3% 231.4 *119 3 % *69% 85Va 25 33% 43 3% *81 23% 119 3% 16% 84% par 9% Jan 97% Apr 1 —100 . 10% 5134 23% 70% preferred.No conv 10% 51% 17 *69% common.. preferred A prior *16% 97% Jan Jan Jun Allegheny Corp 10% *51 % 119 —100 w 10% 51% 374 5 w 3 Feb 2% common preferred 8% Jan 83% 37 Inc 2374 5 32 % Jan 3/% Aldens 10 V4 51% 125 3 74 3 Dec * *120 Jan 35% Jan 23 100 Ry 94 Feb 26% No par Vicksburg 10% 51% 21% Jan 25% . & *51% Juneau Gold Mining—.10 Dec Jun comihon new Reduction Inc 82% 15% *40% 2474 86% 24% 42V4 *41 3,700 453 Jan Feb 42% 22% 45 Feb Jan *41 22 7a 23 40% 64% 8% 4274 1,800 22% 4474 10 93% *41 5,200 24V4 25 210 4214 2074 44s/2 18% Jan Jun *41 4,700 20% 22% 69% Jan Jun 21% 23% 4 July 42V4- 2174 44% 30 6 22 4434 67% Jan 83 21 21% 22% 16% Jan 4 21% 20% 22 23 La Sep 165 No par 20% 21% 44% Alaska 25% Feb 20% 20% 22 3 23% Dec Jan 20% 20% *21% , Shares 53% 441'a Dec Mar 2% 2414 4 27% 53 27a 44% 73 104 53 74 27a 3 for 44% Alabama Sep 5274 2% 53% 3 the Week 23 V2 Air Jun 53% 2% 53% 3 20% Sates Feb. It 44% 1 17% 5374 54 3 20% Friday Feb. 2 24 3 88 $ per share Thursday 44 74 9 11 f per share 10 y8 Corp Feb 4 % Jan t per;share 23% Apr 3 $ pet share *41 1 Corp Feb. 1 53% 3 20 % PRICES Wednesday $ per share 53% 3 10 SALE Jan. 81 1 Feb 3% Jan 53% 2.50 Addressograph-Multigraph Corp__l0 Admiral 2% 64 Co HIGH Tuesday Jan. 30 Affiliated Gas Equipment com.^.-l $3 preferred w w 50 3% Jan 121 5 Jan Motors ANB Monday >8 $ per share —5 Adams Express Co 44% 35 3% Exchange *62 2974 ♦29 3774 74 674 63 Va 29% 9 *7374 6 63 % 297a 75 64'74 130 29% 26,600 30 2974 2974 410 3774 37% 37% 1,200 107 *106% 10774 •106% *51% 53 *51% 53 *52% 21% 22 21% 22 21% 22% 10% 10% 10% 10% 10% .10% 374 3% 3% 3% 3% 3% *3% 3 Viz *3% 3% *3% 38% 374 38 % 381% 3814 38% 38ya 38V4 38 500 5,600 107 38% 320 674 38 37% 53 38 9,200 800 200 900 9 10 COMMERCIAL THE (562) FINANCIAL & * NEW YORK CHRONICLE STOCK RECORD LOW Year 1.049 Lowest Highest $ per share 5 per share 19% Jun 29(4 Dec 26'A Jan Jun 95 Feb 89 5 Jun 874 Dec 49% Jun 77 74 Jan 3874 Jun 5174 Dec 94 Jun 10174 Dec Jun 114 1374 Mar 774 July Oct Highest 13 Jan 3 774 Jan 13 3074 Feb 3 99% Feb 9% Jan 30 48 Jan Jan Jan 52 4 % ft Armour Jan 1013 4 Jan 24 113% Jan 9 6 110 Jan 30 Jan 4 10374 Jan 28 Feb 5074 3074 Jun 80 97% 4774 Jan Nov 105 % Jan Jun 105% Nov 3 13 51% Feb 16 110 % Jan 10374 Jan 27 104% Jan 10074 Jan 16 *15% Atch 110 108% 109 109 109 109 109 1017 a 10274 10274 102 % 102 % 102 74 50% 5174 77 Feb 94 Mar 87 30% Jun 4274 111 101% Fe b 25% Feb- 42 Jun 58 Jan 5274 Jan 16 55% Feb 3 Feb 2 Jan 25 •674 Jan 24 Jan 25 Dec 105 Sep 2074 Jan 18 474 Feb 774 Sep 13 Vs Feb 1574 Pec 100 Feb 15 110 15 110 Atlas Tack Corp. Austin Nichols 15% Jan 3 Jun Jan 6 74 Jan 12 774 Jan Nov 3 1474 Jan Jun 1774 Mar 774 Jan 12 Va Jan 474 §74 Jan 3 3474 Jun 4474 Jan 37 74 Jan 7 10574 107 10674 10774 106 108 74 107% 104 10374 10374 103% 10374 104 104 10474 Conv 42% Jan 31 5 1574 Jan 15 Nov 147a Jan 25 Babbitt TB T) Inc_J 1274 Jan 10% Jan 3 12 % Jan 18 Baldwin Locomotive Works 9V2 Jan 3 11% Jan 11 Baltimore & Ohio common 1474 Jun 3 21% Jap 11 1474 3 2274 Jan 23 Jun 25 Jan 17% Feb 6074 Jun .72 July 6674 Jan 19 72 Jan Jun 53 Dec 44% Jan 26 487a Jan 15 Sep 21Va Jun 41 3 3974 Mar 56% Dec 54% Jan 10 Feb 1574 Oct 14% Jan 3 9% llVa Jun 2674 Nov 87 Va Feb 1274 Nov 16% Oct 2174 Mar 86 74 69 19% Jan Convertible *68 74 69 68% 68 74 8874 *87 8874 *87 8874 *8674 8874 88 74 8874 88 88 39 74 3974 39 393A 397-s 3974 3974 39% 4074 40 Va 4074 — Oil.Corp Barker Brothers 57 % Feb 3 Barnsdall Jan 9 109% 109% 109 109% 10874 109 % 109 109 Va 10974 109 74 100% 101 101 101 101 101 % 10174 101% 1017a 10174 330 22% 23 2274 23 2274 2274 23% 2374 25% 13,600 54% 5474 54 54% 5474 55* 55 55% 107 Va 10774 5474 106 74 *106 1067-4 1974 j 1 •1374 Jan 6% *674 674 674 674 6 74 *13% 1374 1374 13% 13% 13% 674 6% 674 674 4174 42% 3974 .1514 15 15 74 15 Va 147a 1474 15 15 15 12 >/« 12 12'A 12 12'A 12 1274 12 12% 12 12 74 15,100 If 2074 11 Va 10% 20% 11% 10% 11 10% 11% 11% 11% 21,800 20% 11'A 2074 20% 197a 2074 1974 2074 20% 20% 9,400 1874 20 % 1774 19 3,200 68% 67 67% 50 *37% 38% 38'A 38 38 377a 19% .12% 19% 12% 20 12% 20 Co 5 Corp.— 1 Inc..7 No par v Nov 74 56 19% 12% 99 74 *98% 2.50 21% 21 Va 21 21 % 19% 20% 19% 1974 1874 19 Va 19 19 9,300 preferred—No par Beck Shoe (A Si 4%% pfd 100 *23% 23% 2374 23% 23'A 23% *22% 2374 23 7« 23 Va *22 74 23 700 *80 82 82 Va 82 Va 83 83% 85% 85% Beaunit Mills Inc $1.25 div 2 conv Mar Feb 2 34 74 Jan 5 Eeech-Nut Packing Co 10' 32% 11% Jun 16 Feb 13% Jan 3 1574 Jan 24 Belding-Heminway 1 14% 1074 Feb 1674 11 Va Jun 17 Feb 85 Oct 98 Mar 1474 Jan 12 Bell Aircraft Corp 4 1374 Jan 11 Bell Jan 16 87 Jan 3 39 Vs Feb 3 Bendix Aviation—___ Bendix Home Appliances _33%c Beneficial Indus Loan common 10 Jun 141 Dec 22V4 Jun Cum 9 Cum pfd $4 div ser of 1948.No par 15/b Jan 4 2 Va Jan 11 3 Benguet Consol Mining Co__ 18 pesos Best & Co— 1 2974 Jan 12 Jan 13 3674 Jan 5 Best 13 34% Feb 1 Bethlehem Steel 139% Jan .21 14074 Jan 12 33 Jan 13 9% Jan 3 26 Jan 7% 3 $ per share $ per share NEW 100 —.Nopar a._No par . 5 3 9% Jan 4774 Jan 28 Jan 21 3274 Jan Apr 8 Jan 3 974 Jan 217a Jun 32 Jan 28 Jan 13 30% Jan Jun 2974 Nov 28 Jan 31 33 Jan 26 Jan 25 29% Jan 6 Dec 105 Jan 13 105 Va Jan 18 Dec 36 13 2574 Oct Jan 1874 9 Jan Jan 2974 Mar 95 Jan 1574 Jun 1374 120 774 Jun Feb Jun 6174 July 2674 10574 39 14% 14% 14 14 26 26 26% 8,400 25 24% 24% 3,800 *58 59 58 74 5874 58% 5874 5874 587a 58 5874 58 5874 2074 *1574 20% 2074 1574 21 1574 20% 21 2074 21 2074 21 2074 20%, 15% 157a 1574 1574 15 Va 1574 1574 1574 4,100 4 9 74 5774 99% 49 % 49% 57% 5774 *99'A 100 49% 49% 49 74 50 49% 51 4974 50 74 6,400 58 5874 5774 58 57 3A 58% 9,000 —100 49 74 5774 99 "A 99% *99 74 100 *99% (assented)—100 *174 102 74 Dec 1974 Dec 30 1 Brown Shoe Co Inc 103 74 Jan 24 2574 Feb 3 20% Jan 27 13 1874 Jan 3 12374 Jan 26 Feb 2 3 14% Jan 14 76 Oct 7474 Jan 3 7674 Jan 9 3974'Jan 24 124 preferred (The) — 4 Dec 1774 Jan 13 1974 Jan 11 Jan 3474 Jan 30 3674 Jan 11 1874 Jan 2074 Jan 10 Burlington Mills Corp 4% preferred 13 1974 Dec 95 Nov 94 Jan 4 96 Jan 12 91 Dec 87 Jan 24 89 Jan 9 374% 73 Apr 84 Dec 82% Jan 18 86 Jan 31 374% 1374 Jun 1674 Jan 13% Jan 3 15 Jan 9 Jun 9 Jun 122 Dec 674 Jun 87/4 Jan May X9774 7 60 Jun 3 Feb 17 Jun 9874 Jun 20 74 Jun 12 974 Jan 13 Feb 82 6 Jan 120 11% Dec 71 Jan 3 974 Jan 5 conv preferred Butler Bros Feb 2 474 Feb 2 25 24 74 Jan 5 10574 Jan 5 24 Byers Co Jan Jan 22% Feb 3 24 Jan 14 3674 Dec 34% Jan 3 3674 Jan 11 53 5 55 Apr 2 Oct Jan 174 Jan 3 1% Jan 10 574 Jan 474 Jan 3 474 Jan 7 Calumet & Hecla Cons Copper 2274 Jan 1974 Jan 4 2174 Feb 3' 1274 Feb 1<J% Jan 3 Campbell W & C Foundry No par Canada Dry Ginger Ale com—1.6674 $4.25 conv preferred——.Nopar Canada Southern Ry Co 100 Jun 10974 Mar 41 May 101 Jan 4 40 Jan 5 41 Jan 11 1674 Jan 21 Oct 1974 Jan 16 20 Jan 10 1074 Jun 1574 Dec 14% Jan 13 1574 Jan 3 For footnotes see page 20. California Packing eommon__No par 5% preferred 50 Callahan Zinc-Lead —1 Canadian 874 3% 2874 28% 2874 29 7-4 29% 28 2674 28 7 28% 10574 39 2874 28 38 74 38% 38 39 x38 2614 3874 9,000 12% 12% 12% 12% 1274 1274 1274 18,400 3974 3974 3974 3974 39% 3974 3974 102% 24 74 *101 24 3 2474 102 74 4 25 1974 *101 102% 25 25% 1974 19 19% 19 3474 35 20'A *9574 20 % 2074 2074 9674 *9574 9674 *94 95 *94% *86% 8774 *8674 8774 *87 88 87% *84 14% 86 1474 86 86 *84 88 1474 14% 2074 13 74 124 13% 124 1374 *76 19% *101 25 34 1974 124 9,600 20 1374 1374 "1374 22,200 7674 *76% 76% 100 *39 *76 39 3874 2074 7674 39% 39% 39 7-4 1974 1874 1874 19 1914 1,600 35 % 35 35 35% 35% 2,000 15.600 1474 1474 20% *84 1474 39 74' 2074 20% 20 74 9474 95 8774 87 87 200 88 .10 88 - 1474 *84 14% * 12,800 2,900 9 9 9 9 9 9 974 *121 123 *121 123 121 121% 76% 374 4% 22 105 2 3% 3474 55 210 1474 123 10% 7674 '800 95 9 1074 3,400* 20 "12374 124 1,100 10274 25% *121 9 74 121 34% 6,500 10574 3474 4 2174 104 * 22 74 1,200 2674 *105 387 4 4 2174 105 2 3 74 2874 2674 1 8 74 76 2874 5,500 105% 3474 7674 170 7,800 30 26 39 74 9'A 2,300 874 *101 2474 1074 874 *.39 1027-4 121 500 30 8% *105 34'A 1074 874 2974 28% 70 1,300 35%",. 26% 1 774 - 30 980 2% 10574 *105 39% 12% a 2674 27 *105 106 *2 3% 390 2174 104 *22% 1074 1G% 76% 76% 4 4% 2174 2174 10574 * 104 10 3 4 1074 1074 10% 7674 76% 77 77 50 1074 77 4 21% 105 23 *2274 23% 4% 21% *104 *2274 474 21% 105 23% 474 2174 *104 8,200 460 • 4% 7,200 2174 3,900 104% 130 22%, 22% 100 3474 35 K *! 58 Sep 874 39 % 9 -Nopar 30 874 *30 8% 18 3 4 121 4 2174 874 31% 874 31 874 874 29 2 8 74 2674 1,400 100 35% 3474 9 '104 *22 74 36 3 9 74 121 100 *35 76 86 1474 : 5 Nopar 874 31 3574 76 *84 1474 *75 874 3174 2 76 74 2074 Jun 98 3574 874 2 *7574 3774 May 1174 Jan 11 10374 Jan 18 31 35% « Va 7674 9674 1 Jun 3574 32 2 •19 74 20 % Feb 374 Jan 35% % 2 *12374 *86% 52 16% 3674 874 99 2% 74 1374 *9574 1074 58% 100 *174 14 2C 1 30 3% Jun 5774 *99 74 2 ' 124 18 3474 15 common 1474 1974 preferred-^100 Byron Jackson Co__ Jan 26 5.300 13% —100 participating preferred f 1374 *12374 100 Copper & Zinc • 1374 1374 *75% 39 74 100 Jan 2674 1374 2074 100 preferred (A M> 13% 13 74 1374 common common 21 7% 137-4 1974 20 1 Bush Term Bldg 7ft 23 Butte 13 74 24 74 124 1374 —5 Bush Terminal 27 103 13 137e V123% 12374 1974 *12374 No par L f. Jan 374 Jan 1374 *101 *24 74 5 2nd preferred Dec 474 Mar 2474 105 5,500 1374 10274 24 % Burroughs Adding Machine-_No par 4%% 1,700 15% *101 1 ,Jan 77 2974 14% 39 Nopar 1174 Jan 122 29 Va 15 ■ 3974 1274 1274 Nopar Eullard Co— Jun 29 1474 39 Bulova Watch Co Inc Apr 28 Vs 1374 1274 Buffalo Forge Co 3474 Jan 1874 36 May 39 29 14% 12% 39 100 Feb 77 39 2874 1574 3974 : Jun 1374 *105 29 15 *39 Nopar Co common $5 preferred 7074 106 29 Nopar 1274 Dec *105 874 29 2 8 74 2674 28% 1 57b 15 ; Bucyrus Erie Co common 7% * 35 74 8 74 3174 874 2874 2 8 74 2674 8% 33 1 2974 Jun *8% *31% 8% 2874 28 7 4 26% Nopar common $3.60 preferred Budd 1 74 2 3 6 74 15 Brunswick-Baike-Collender . 1 474 13% 16 2.50 Brooklyn Union Gas Brown & Bigelow 3 2874 1474 3 6 74 —100 Jan 2374 —5 preferred 12% Feb 12% Jan 3574 374% 40 Dec Sep __15 * 1—_5 Roller 39% Jan 22% Jan 1 Bridgeport Brass Co ,__No par Briggs Manufacturing Corp__No par Briggs & Stratton— —NoparBristol-Myers Co common _2.50 7 1374 125 1, preferred 13 102% Jan 27 Dec 24 Nopar ! 30 Jan Jan 5 :—No par : 1174 Jan Dec Shares 24% 39 __ 1274 Dec 40 29 74 Jan the Week 25 Bearing Co Eraniff Airways Inc Brewing Corp. of America 11 2074 Sales for Feb. 3 $ per share 25 % Bower 9 774 Jan 874 Mar Friday 2 $ per share 24% 3 % ft 26 9% Thursday Feb $ per sh are 14% Boston & Maine RR 10 Jan Jun $ per share $ per share 24 L Co (The) : Borg-Warner Corp common 9 Jun $ per share 25 % Class B 9 674 Feb. 1 26 _____5 — Brass Bon Ami Co class A 11 674 Wednesday Jan. 31 1474 42 74 25 Va Tuesday Jan. 30 2 4'A & Borden 38% Jan TRICES Monday 25% 2 16 SALE 1.700 7,300 24 Feb 3574 Jan HIGH 800 - 14 25 51 Dec 11% 2474 9 38 27% 11% 14 2 5 74 48 Va Jan Jun 14074 27% 1174 24 74 Dec Jan 14074 2774 10% 24 51 2% Jan 14074 27% 107a 2 5 74 3874 Mar 60 74 Jan *140 74 27% 10-% *14 2 5 74 Aluminum Bond Stores Inc 100 140 7-4 27% 10% 2.50 Bohn 9 3 14074 27% 1374 12 13 140'A 10% 13 74 10 30 14074 *27% LOW AND . Jan. 28 (EW) Co Jan 1% Jan 27 1074 1,300 1 Bliss 1674 Jan 97 74 Jan 140% 27% 1074 *27 28% 1 4 74 x24% Jan 56% Jan 200 28% 1474 4 Jan 17,800 No par 3 Dec 1% • No par 3 26 27 10% Saturday ; 15 Va Jan Dec 174 4.700 Par 1974 Jan 2% 600 17a 1% 76,500 : 53 Va Jan 98% 88 74 108% 33% YORK, STOCK Jan 5974 174 87% 108% 27% ; 1974 July Apr 174 25% 88 74 35% Boeing Airplane Co.: 174 Mar 4,900 25% 10874 33 74 Bliss & Laughlin Inc 9174 May 174 1% 2574 *8674 *107 Black & Decker Mfg Co 5 60 107% 34% 11 Jan a 88% 107% 27% 12 32 74 25 3 *8674 33 % 1474 Jan 64 25 74 88 1 08% 3474 27 %> Jan Aug 25 Vi *86% *107 27% Dec Nov 1% 2 6 74 2574 88 % 1 08 74 1% 26 % • 34 74 15 Aug 25 74 974 X327« 5 13 14,200 3774 974 34% 1474 Jan 1374 8 3874 9% 34 % 13 Va Jan 50 20,500 10 3 37% 974 27 Dec Jan 39 % 1074 3874 974 Elaw-Knox Co 3 27 38% 10 38 974 34% 1474 4 110 3874 37% 27 Jun 3 1,500 3374 874 25 400 127a 86 Va 33% 12 13% Jan 1374 12% 83% 1274 86 27 1574 Jan 2274 Jan *13 1274 86 3 4% 29 % Feb 2374 Jan 13 13 89 33% 4 Jan 13 1274 *86 74 3 4 74 14% Jan .13 2574 Mar 12% 13 87 26 74 2674 Jan 27 12% 13'A 12% 3374 140 74 27% 10% Jan Jun 800 3 4 74 Nov Jun 2,400 14% 33 Va 140 74 15 74 Aug 3274 14% 34% 30 74 21 32% 1474 2,000 33 % Jun 1774 32% 1474 74 35 74 Jun 25 32 1474 8 3 3 74 *140 1074 , 32 74 "14% 87 ' 86'A 1 0 7 74 EXCHANGE $ per share 32 74 14% 8 3474 preferred Highest 30 32% *12% .88 108 74 1 74 2 6 74 *86 31 Va 13 1274 25% 90 31% 14% 2574 . 8 74 3174 32'A 9% " - x874 *3074 32% 14 % *107% 174 *2 6 74 STOCKS Lowest Highest 37% 9% 85 74 874 31% 31 87 *86 2574 85% 8% *30% 8% 31 1 22% 974 9% 2574 ;< 110 No par 2 Bigelow-Sanford Carpet Birmingham Electric Co Range Since Jan. 1 Year 1949 13 1274 85 85 99% ___' „ 9 1174 Feb 28 of 1946-NO par 37 8'A • • (Del) com Foods J Range for Previous $ per share —5 3 26 Va Jan 32% 87 37'A 88% Feb 3074 Jan 13 % xl4 % 12% 109% Jan ser 32% 14% 13 % *84 8'A 31% *31 *12 12 pfd $3.25 8'A 31% 10 j __ 12 117a Mar Lowest 1 8% 8'A *31 100 * common preferred Jan 3174 Mar Oct Howell Co 106% Jan Oct 12974 & 4%% 7 Dec 9 1 12% Jan 3 . 3,200 12% 32 99'A 37 iTJan 4,300 12% 31% 99% Jun 27 74 13 32 1274 31% 30% 36 12% 3174 12% 3174 *98 74 1 33 4.400 12% 50 Feb 13,10,0 197 a 99% Beech Aircraft Corp Jun 57 % 1974 31% Beech Creek RR___. May 56 20 12% 9 25 5674 1974 *98% 26 2374 56 20 *30% 974 Jan 2374 56 19% 31% 3174 Jan s 56 20 99% 3 274 July 70 56 31% 12 Dec - 98% 7% Jan 174 500 1,700 31% 29 74 Jan 86 56 *37% 38% 200 19 99% Feb Dec *37% 56 18% 46% 31% Jan Dec 19 *45% *99% 32% Nov '18% *45 100 . common™ convertible preferred 1074 85 . 12.50 3%ft Jun 27% 2,200 •38 56 % *37% 56 _ Jun 109 74 15 19 46 . 674 Jan 15 3,600 12 1874 30 Jan 42 74 18% 23% Jan 93 42 1874 3874 2074 Jan 7374 4274 19 Dec 1074 Feb 42% *18% 26 2574 Jan 1,500 117,900 4274- 46 2174 Jan 6 2,400 7 46 3 4 1,500 13 74 ' 674 46 6 13 13% 46 17% Jan 974 Jan 4174 - 7 ! ; 46 2074 Jan 25 74 Jan 42% 6% , 7 46 183A Beatrice Foods Co 3474 Jan 7 13% 674 46 18% Bayuk Cigars Jan 13% 46 5 11 674 ■ 7 *67 9 3174 Dec 15 % 68 2 Feb *15 2074 Feb Apr 674 230 7% 67% Jan Jun 40 15 % 39 7 ' 7 1,090 100 • 1574 *15 674 13% 7 230 19 20% 32 674 7 15 74 *18 1374 68% 100 2174 *15 106 187a 5% 2774 26 7 13% 1 105 19 7 21'A 3 12% Feb *18 7'/a 15% 21 30 86 106 19 *15 15% *15 106% *674 Va 68% 1274 Jan Jun 7 21% 98% Jan 32 774 15% 106 *18 19 *18 774 54 , 68% 29% Jan 8574 Feb 108 22% *67% preferred Oil 400 200 11,500 109 Va *14% Bath Iron Works 4%% 1,000 101 (Delaware) —10 common __10 Barber lp 39% 68% Jan 3 68 Va 21% Dec Jan 68 Va *68 Dec 3 69% *21% 1774 101 *6874 preferred——100 3374 • 6974 11 20Va 21'A 5ft 26 20 13,700 *68% *7 preferred non-cum Jan 39 7,000 46 68 *18% l__100 Bangor & Aroostook common 50 4 36 4ft 5 38 16 14 45% 108 100 16% Jari 137 a *100 ,—13 1174 Jan 2274 Jan 36% Jan 14 45% 6% Jun Jan 13% 45 Va 5 Jun Mar 14 Va 45 % *108% Avco Jun, Jan 104% 13 % 45 *86% par 774 19 10474 1374 46 „ 100 874 xl3 10474 1374 '45% Autocar Co 4 8,500 68 No par Mfg Corp (The ) common 3 No par $2.25 conv preferred. 3,300 1374 .No par Automatic Canteen Co of Amer 51% 45 3 4 54% 12 51 13% 54% 10 4 45 22% 31 Jan 50 3 13% *22% prior pref ($1.20)—. .No 507a 4574 No par ___. 5074 13% 5 __ 50 44% . 100 common 250 s 108 common—1 convertible preferred 12 474 107 Va *103 common 10 1074 8 4ft 5 Jan 105% No par . 5,600 530 105 Va : Jan 8 1774 10474 ' 19% Jan 17 Va 49% 100 preferred 25 Refining common..— conv preferred series A—100 4% 17 Va 49 % non-cum Atlas Corp Atlas Powder 1674 4974 .10 _ Preferred $3.75 series B 1 17 74 17 4974 Atlantic 3 Jan 17Va 100 com _ I SS Lines 1674 10 Co 5 1 190 1,900 104 70 Vs Jan 5 1074 *109 28 19 11 16 *10% *10274 Jan 22% Jan 16 10% *15% 1074 103% 08 '9974 Jan 17 Va 17 *1574 16 110 Dec 108% Feb 10% 102% 73 5ft 1074 11274 109 74 Feb 5 10 Va 1074 31,900 10174 11274 109 % 53 3 17 16 *101% 113 103% Atlantic Coast Line RR_ 20 10% 49 16% A G & W *15% 10% 48% 49% 103 % 11 Atl 16 49% 49 76 *108% preferred—,— non-cum 48% 77 100 31 T F Inc 48% 76 77 76% 100 _ Topeka & Santa Fe 5 ft 12 48% 76 common.—1 _ Jan Dec 4,800 170 *15% 14Va Jan Dec 49% 10% 46 24 74 Aug 2,200 *15% 3 11274 76 74 _5 13 102 7674 Va .No par — Carpet Co Inc Jan Jun 76% 9 4874 1274 Jan Jun 46,800 9% 48% 41 Jan 560 9% 974 10174 Jan 93% 98 74 9% 9% 48 Va Jan 20 9774 9% 974 10174 15 106 98 74 9Va 9% 75% *112% 47 40% Feb 9774 9 74 75% 101 % Dec 8974 Jan 94% 9 112 Va Jun 13 3074 101% 1074 24 30 112% 32% Jan 30% 101% 2nd preferred Associates Investment 20 3674 Jan 2974 99 Va 5 7% 2 Dec 3074 99 113 Associated Dry Goods 6ft 1st preferred Jan 100 Sep 2974 98 112% 9 17% Jan 105 Dec 29% 97 *101% Arnold Constable Corp Dec 2974 96 112% Artloom 10174 2974 95 101% 9 109 29 % 112% 9 Apr 29% 101 Jan Shares 2974 *94% 10174 19 Feb the Week 112 Va 1274 Jan Apr Sales tor Feb. 3 $ per share I *100% 4 1174 Friday Feb. 8 $ per share Feb. *111% 974 Jan 15.Vs Jan 87 Thursday $ per share $ per share $ per sharp 75% 1574 Jan 20 95 $ per share PRICES Wednesday 10 convertible preferred & Co of Illinois com conv 1374 1574 Jan. XL 100 common 1674 Dec Jan SALE Tuesday Jan. 30 No par Armstrong Cork Co com _No par $3.75 preferred $4 convertible preferred- .No par 11 9 27 HIGH Monday Jan.28 prior preferred- _No par $6 31 24 10074 Jan 112 77 Steel Corp Armco AND Saturday Par 1 13 Jan 69 STOCK YORK EXCHANGE 5 per share $ per share 77 10574 NEW Range Since Jan. 1 Lowest Monday, February 6, 1950 ' Breweries Ltd Canadian Pacific Ry 5 No par 25 3474 34% *3474 3574 5474 547-4 *54 55 *174 174 1% 174 1% 1% 1% 1% 174 1% 1 % 1% 3,400 474 474 474 4% 4% 4% 474 474 4% 474 474 474 '5,200 34% *53% *20 1074 10274 3474 55 2074 11 10274 *53 *20 . 2074 2074 20% 11 20 1074 10% 11 *102% 103 103 103 *103 . 10% 20 11 103% 3474 *54 20 1074 103 34% 55 2174 llVa 103V2 *54 21% 1074 103 1,400 55 20 2174 3,300 1174 19.400 10374 42 % *41 42 *41 42 *41 42 1974 20 *19% 20 *19% 20 Va *19% 20 Va *1574 20 Va *1974 2074 15 1574 1574 1574 1574 1574 i5y8 1574 1574 1574 • *41 15 15 Va 41 41 41 41 • 400 1 fO 400 . • 48,200 Volume 171 Number 4879 THE COMMERCIAL - NEW Range for Previous 40'% Range Since Jan. 1 Highest $ per share Jan Lowest $ per share 51 Dec YORK NEW $ per share YORK Jan 3 50% Feb 1 Cannon Dec 15% Jan 19 17'/Wan 9 Capital Aomin Nov 55% Feb 1 56% Jan 9 $3 Feb 9 'a 8% Jan 13 10% Feb 3 Jan 11 105% Jan 26 48 Oct Jun 103 Feb 26% Jan 33 Dec 31% Jan 13 25'/2 Jim 35% Jan 30% Jan 3 12% Jun 15 Vh Dec 17% Jan 6 7% Sep 36 Jan 6 38 % Nov 8 Jan 4 38 % Jan 13 6 , 3 Feb 30 Jun 131 Jan 3 45% Nov 146 Nov 102 140 Jan 3 34 • 2 24 26% Jun 37% Deo* 32% Jan 27 35% Jan 10' Aug 104% Dec x104 % Jan 18 34% Dec 13 105'% Jan 34 % Jan 97 Apr 105% Dec 104% Jan 3 107% Jan Jun 132% Dec 130% Jan 13 18% Jan 3 Case I) 31 Jan 137< Jun 26% Jan 15% Jun 13% Jan xl7 Jan 14% Jun Jan 15 7 % May 17 12% Jun 6 Nov Jan 104% Jan Jan 10 17% Jan 30 Preferred Celanese 7% Corp 3 16% Jan 9 Central 3 10% Jan 31 Central Foundry Jan 3 4% Jan 27 Central of 15 17% Jan 11 Aguirre 3 Dec 9% Jan 12 10 Jan 3 35 % Jan 10 38% Feb 2 112% Dec 111% Jan 6 112% Jan 9% Jan 25 11 % Jan 9 Central 12 % Jan 26 14% Jan 30 Class Ga 14,200 32% 32% 33% 33 33 33 16 1 common 8 % 46% "145% Jun 14% Doc 14 % Jan 13 15%, Jan 21 Central & Feb 13 % Oct 12% Jan 3 16% Jan 24 Central Dec 7% Jan 24 8% Jan 3 Century Ribbon Cerro Co 33'% 33% 107'% 107''% "135 N J class A 20% 10,300 "17'% 17'/a 17'% 17'% 17'/a 17% 17 % 17% "17% 17% 17 Vb 1774 1.800 16 16 15% 16 15% 15% 15% 15% 15% 16 16 16 10 10'% 10 10% 10'/a 10 V2 10 Va 10% 10 Va 10% 1014 10% 4'% "4% 4% "4'% 4% 4% 4'/a "4'% 4% 16'% 16% 16% . Aug 9% Dec 8% Jan 13 9% Jan 10 Checker 17% July 28% Jan Jan 4 25% Jan Chic Jan 28% Jan 3 30% Jan Feb 82 Jan 5 84% Jan 4% Jan 6 53/8 Jan 12 3 11% Jan 9 Jaxi May 12 9% Jan & Class 111 ; RR Co A Dec 12% Jan 13 28 Chicago Feb 13% Dec 11% Jan 13 14% Jan 30 20% Nov 19% Jan 3 24.% Jan 5% Jun 3 Jun 10 Jan 5% 3 Jan 4 Jan 9% Feb 5 7% Jan 21 3 5 Feb 3 5% Corp Ind & Jun 8% Jan 7'/a Jan 13 8% Feb Jun 34% Dec 30% Jan 12 35 % Feb 1 15 Jan 11 Jan 3 14% Feb 3 24 Dec 36% Jan 27% Jan 3 31% Jan 30 5% 21% Jun 29 % Mar 23% Jan 25 28% Jan 31 Chicago 491' Jun 55% Dec 53% Jan 17 55 % Jan 6, 25% Jun 41% Dec 39% Jan 13 46% Feb 3 56% Jun 82 Dec 79 Jan 14 87% Jan 30 13% Nov 12 Jan 30 13'% Jan 13 9% 10 May 3 Louisv Chic St A Pneumat X13 NEW Range Since Jan. 1 Highest Jan 13% Jan 4 Jan 23 Chickasha 3% Jan 4 4% Jan 10 Chiltis 50% Jan 11 16 60 Jan 45% Jan 3 Dec 36 Jan 30•')% Jan 5 44% Jun 68'% Dec 62% Jan 13 68% Jan 5 : Chrysler 26»% Apr 32% Sep 30 4 32% Feb 3 Cincinnati 97% Jan 105 % Jan 14' Feb 29'% Dec 26 Jan 24* 28% Feb 3 Cincinnati Jan 59% Dec 58 Jan 13 62% Feb 3 C 8% Dec •7% Jan 31 25 Jan 34% 16 Jun 19% 20% Jun Nov Jan 103% Jan 4 34 106 Jan 16 8V4 Jan 87 Feb 14 3 5%% 4% 108 Oct 20% Jun 105 J #ti 3 31'/a Jan 13 33% Feb 3 Oct 17% Jan 7 18% Jan 18 C.ity 257b Feb 1 Jan 10 61% 46% Feb 3 Dec 43% Jan 112% Jun 109% Jan 17 28% Dec 27% Jan 13 29% Jan 9 Aug 107 % Jan 18 107% Jan la Stores C & 3 Feb 111 3 70% Feb 40 Feb 1 3 14% Jan 21 24'% Jun 35% Dec 32% Jan 13 36 % Feb 2 101% Dec 108% Feb 3 4%% 5 105% Dec Jan 13 5% Jan 4% Jan 25 Jun 30% Feb 25% Jan 28 27 Jan 11 141% Sep 138% Jan 4 141 Feb 1 Jan 1075 5% Jan 77% Jan 5 81 Feb 1 Jan 23 165 Jan 3 53% Jan 21 54% Jan 4 3 45% Jan 11 Jan 29% Feb Jan xl3% '12% Feb Jun 43% Dec 100 99 Jan 14 Jan 16% Jan 13 Jan 9 19% Jan 20 100 7 % 19 Jan 15% Jan Jun ,15 & 19% Jan 16% Jan Jun 17% Dec 16 17% 16% Jan 13 2?% Jan ,20% Jan 4% 4 17% Jan 11 4 18% Jan 20% Jan 27 13 12 $3.50 Colo 28% Jan 13 31% Jan 17 Class 9% Jun 7% Feb 13 % Oct 12% Jan 4 481% Mar 68% Sep 63 Jan 10 32% Oct 31% Jan 3 20% Jan 4 Dec 137b Jun 20% 25% Jan 77b Jun 24% Jun 13 200 8 8% 7% 27% "54 44% 2-7 % 54% 44% 28% 54% 46% 28 28 Va 54% 45% 46 Va 45'% 46'% 45% 46'% 46 % 4674 86 Va 87 86% 86% 86 % 86'% S6'% 87 2,600 12% 12 Va 12)4 "12% 13 300 "12 12% AND Iron 30 27% Jan 10 63% Feb 3 29% Jan 13 10% Jan 3 31'% Jan 11% Feb 27 3 30 111 21% Feb 15% 15% 15 % ,10 % 3% 3% 3% Jan 374 48% 48 43% "31% 63% 31'% 31% 31% 32% 64 64 7 0 64% 64 -31% 31% 31% 31% 31% 317a —100 1C43% 27% 27% 2774 28 2874 4,500 62% 6174 62% 6214 6274 10.500 7% 7% 7% 7% 774 7 7 "774 "7% 87 87 87 "33 33% 337b 33-% 1,400 "18 18% "18 18% "18 18% 18% 18% "18 18 "4 "18)4 18% 500 20 "23% 100 "120 110 1 gtd 28% "106% "26 26% 170 "120 "65% 75 45% 28 % 108 "67% "38%. 100 "104% "137 * MOO No par com "78% "160 42% "99 18% 15% — 42% 99% 18% 15% 108 70 "70 72 70 70 Ve "7014 39 '/a 40 40 "40 41% "40 14 13% 14 13% 1374 1374 14 34% 34 74 35 Va 35 35% 35 >% 36'% 357b 3614 105% 105 Va 106 4% 4% 474 25% 25 74 139 139 "137 79% 79% 79% 160 '/a 161% 53% 42% 54 "99 18% 15% 5374 99% ".98 Va 99% 18% 1874 1874 16 '/a 16 22'% 21 Va 22 preferred—100 20'% 20% 20% 20% 20'% 2.50 30% 31'% 31% 31% 3074 30'% 30% 30% 31 Va 12'% 1274 _No par 25% ' —25 20)4 "19% 20 990 30 '/a 307 b 3074 31 30'4 3074 6,700 307b 31'% 3014 30% 30% 31 127 b 5,400 12% 1274 13% 6514 32'% 32'% 32 Va 32'% 32% 3214 327b 3214 3214 22% 22 Va 3,900 227b 21% 2274 217e 21% 2174 22 5,700 25% 611% 107. 25 251% 25 2574 108 1974 18 1874 1774 29% 30 108 11% Feb 21% 16% Jan 13 19% Jan 30 10 Jun 12% Mai- 3 12% Jan 9 31 3074 31 30% 1074 1074 1074 1074 29 2874 2874 37 37 )%' 11% Jan 17 Corp— 1 374 297a 30 2974 2974 108 10774 10774 1,400 44% 44% 44-% 45l/4 45'% 46 46 46% 467a 4674 47 47% 7,900 18 . 1.500 13% 19 19 'a 1974 18% 18% 183b 187 b 187a 18% 187b 19% 11,100 11% 11% 11% 1174 117 b 117b 1174 12 12 12 11 11'% 11'/a 13: Consumers' Power Co com.—No par 33% 33% 33% 3374 337b 13% Jan Jan 30% Jun 95 Dec 17 Jan 3 Dec 17% x98 95% Jan 9 13 19% Jan 24 Jan 24 39% Jan 30 100 Continental Can 37% Dec 35% Jan Jun 102% Dec 102% Feb 3 Jan 7 Jun 9% Dec 8% Jan 3 9% Jan 9 Continental Diamond 56% Feb 78% Dec 13 Jan 11 Continental Insurance.... For footnotes see page 75% Jan 20. 78% 112% "109% 110 20 "41 % 42 Inc common $3.75-preferred 20 No par Fibre "103 100 :_No par r 6% 103 117b 1174 107b 117 b 11 Va 11 % 117b 11% 11% 11 1114 11 1114 11.14 12 54.700 33 74 34 % 3474 34% 347 b 35 11,500 1 2.100 5,000 1 1/64 par par Baking Co com—No par preferred- 400 34 •• 11; 112% 111% 112 lllVa, 111% U17b 1117 b 111% 111% "109% 110 110 110 109% 109% "109)4 10974 "109)4 109% 20 41% 42 42% 42% 4,800 , Continental $5.50 ' . 11'% Ml'/a 11'% 85 107% 4,800 30 12)4 10% ^ 2974 5,200 74,300 10774 10% preferred 30 108 2,600 374 13'% 11 4'r 37b 12)4 11 20 374 12'% 10% Jan 38 13% 1 103% 37 37)4 13% Consolidated Vultee Aircraft 11 30 12'% 3 101% Jan 6,700 297b . 13'4 3. Nov 14,800 11)4 12'% Feb 103 307a 11 13)4 Feb com 28,600 3074 11 '/a 12'% 12 of America 18)4 3074 1374 35 L——No 1.J No 4,380 12% 3 Rights 29% 108 14.600 13'% 25. 10c 374 2,900 637 a 18 29% 37 257 b 111 "12'% Jan — 63'% 110)4 127% 10 j 2574 63 110% 13'% 10'A Jan Jun 30O 13% Dec 93 4,000 "12% Apr Container Corp 76,200 131% 10% 1 13% 12% 12% Inc.: 3% 1077b Jun Co .3% 30 Jim Feb 127b 67 12% MOo Inc 37 61 Va 108 71c 43 13% "131% 5 —15 pfd— 29% 108 8 3 1214 "65 1814 19 374 Natural Gas 38% Jan . 25% 62 10874 36 % 3% 257b 627a 108 3% 3 % 2574 617% 108'% 3614 3% 25% 61'% 36 Laundrips Dec 12% 107% 3618 36 "107% Stores 61 % 108 28% com—_No par 6% 61 107 28% Consolidated 41 % 12'% 65)4 28% Consolidated Jun 1,200 1,420 20 30% 3 27% 3,300 20% 31'% "1074 10 preferred 28,600 17% 20'% 10% 28 preferred 167b 19% ' 20'% 28 "4 Jan $4.50 16 17% . 30% 30% 12% $4.52 20 31'% 10% 47% Feb 2 17 V!a 19% 20'% 28 % 3 4 16'% 17% 21)4 10% 5 28 15% 17 Va "20% 30% 25 Feb 16 % 20'% 40 21% 10'% 11 % Jan Jan 3,700 21 30% 13'% Jan l'<i 19% 21% par preferred 112% Jan 19 21% Np par Cigar——No par 1U 99 19% 137b 30% Co__- 42% Jan 2 99 1874 1374 19-% Jan' 9 99% 1 9'% 12% 19% Sep 11 3,700 .6,000 65 % 19% 46% Mar 1/64 Feb , 137b 19% 11% 109% Jan "99 44% "63 Va 60% 14% 110% Jan 99% 54% 44 13% 106% Inc—i, Textile 54% '1220 44 65% .MO Publishing Co_—.No Cuba 54% 1374 —No par Solvents. Consolidated Retail 4374 600 1,300 "63'/a 13% 65 M00 common Y 20 54 '/a "1220 __ 43% % , Jun Dec' 1874 21% Jun Dec "99 22 Feb 110% 5474 43'% 21'% 38 "4 nT% 81 164 1574 preferred N 60 "80% 163% "17',4 Edison "139% 81 163 17% Inc Credit 2,600 81 16'% 22 % 2,200 163 20% 5 1,030 4% 81 "1220 — 43% 310 11,200 26)4 163 -54 54 280 7,600 10814 474 26 142 72 41% 108 474 2574 "139 1,000 ' 108 4% 2574 141 162 Va 43 474 26 80 Va 80 16174 "1220 43 139 105 % 107 4% 25% 139 160'% "1220 105% 4% 25% ■ 17'% Co 160 . 108 1374 2074 Elec "105% 69 25% . 4.600 2974 39% 17% Ohio 467 b 111 14'/a 20% 12% 108 46'4 111 "2874 69 17% 12V4 "106% 108 1,300 75 39% 20% .———No par Consolidated Grocers Corp 1.33% Apr 28% 17% Jan Apr 4614 110% 28'% 20% 30 103% 45'% 110% 29% 17'% Feb 105% 4574 110'% 106% 26 170 "65% 4574 20% Inc-—_No par 2514 "120 75 ■2874 _20 common—No par 25% 170 104% 5 25% 53'% "65%. 34% 34% 105 161 2874 "106'/a "120 75 110'% 45% 110 28% 2574 25)4 170 "65% 150 14 14% ,139 79% 2574 "120 ' ' 75 1097b 69 — 20'% 170 "65% 109% 29 "28% "106% .108 39% 34% 26 "120 109 % 110 "67% —1 75 " 87 45% "38% — 26 Va 170 45% 50 14 "85 Va 45 '/a- —50 No par 2.1 % Jan 1.40O "85% 33)4 Consolidated 33 8 87 22% Consolidated 8 85 % 2214 of 8 33'% Columbus RR b 33'% 31% Consol 77« 1.410 33 Consolidated Copperm.ines Corp——5 14% Jan. 1047b 267a 61% 32 of 1047b 104'% 26 Vs 61 % 32 Edison 104 % 104% 26'% 33% . $5 9,700 6074 13% Consol 32% 85 Feb 11., 31 % 23 Jan 108% Jan •214 26% , 104% 3174 85 4 3 410 39.400 32 31 % 6614 33% 38 19 360 31 65% 86 3 27% Jan x31 657 b 61'% "63% Nast 33 6474 26% 13% Congoleum-Nairn "31% 64% )/8 33 com 1% System Superheater 4874 60 63% Commercial 47% "84 Sys Inc cl A So 4,700 4874 26% 13 & 600 3% —M00 16 107% Jan 105 33 1514 37b —No par 3% Jan Oct "104 % 4.8 Va 64 Shares 15% 3% 37 60% 63% Conde 105 % $ per share 16 a 4874 3% 26% /' 5 32% Jan Dec 104% 43% the Week 60'% 10 $4.25 cum preferred w w_l.No par Columbian Carbon Cp—No par Commonwealth 28 1C5 "15% Sales for Feb. 3 $ per share 16 374 4o% 33 64% "47 3.500 Friday Feb. ti- 33 "43 28 Thursday 1 share 16 ' 2.50 Broad Commercial Feb $ per 1574 3% 8.50 B 3.60% $ per share Va PRICES Feb. "3% Corp com_.No-par 10 2 May SALE 28 Wednesday "10% Jan 36 "12 Jan. 81 1 Doc 2974 July HIGH " Tuesday Jan. 80 $ per share 52,100 V4 Monday $ per share 87b 54% 10 preferred 33% Jan 22'% Jan 5,400 6,400 22,700 Southern Pictures 17% Feb Jan 5 20,300 No par Gas 19 11 47b 54)4 Corp——No par Columbia 16 Jan 4% 2814 4% ' 4% 4>% 16,000 54% preferred-' Columbia 25 Jan 4% 6,400 97 b 28% ,———00 (The) 2 Jan 25 105 9% % 34% 8 4% 9% 55% Feb 11 4% 9 "54 '% Jun 29% 4% 9% 55% stock— 5 Dec 109 4% .9 28% 2% Apr 9% 54'% 2 5 Vb Xl06 9 Va 28% — Ry Co Co 30 65 Jan Nov 9%. 27 "54 44% No par Co, Jan 13% 57% Jan 10% Aug 9% , . —5 % Feb 12% Jan Dec 30% 30% 13% 23% 28.900 Combustion Engineering Dec 13% 23% 24,200 2nd Dec Dec 13% 23% 3114 non-cum 23% 27% 13% 23'% 30% 4% Jun 39,800 14 23% 31 non-cum 16% 14 13% 23% 30 4% Columbia 30 13% 14% 23% 31 common- Aikman & 14 14 23'% 30'% Ry com—-100 1st preferred MOO 17 60'% 13% 14 14% 31 Va _ pfd 2nd & 28 107% 13% 500 30 Va preferred-- conv conv Jan Feb 14 Va 13% 14% 23% 25 Inc—— Co Fuel 5'/o Colorado 31% Jan Feb 3,900 30%, com Corp 47/ & 3 Jan 10% 30 . preferred Collins 13 21'% 10)4 28% 53% 15% Jan 95 10% 1.4'% "1220 28% Jan 46% 10 Vb 35 Internatl Corp No par Colgate-Palmolive-Peet com—No par Dec Sep 10'% 8% No par Dec 22% 10'/8 13% M-„ A 16% Jun 10% 34% „! El,ec RR .cum Class 29% ..18-% 1,400 10'% 10% 8% I .. gtd Coca-Cola Jun Jun 4% 14 "4% 7% 26% 82% 4 74 35'% 25% 17% 12% Jan 29% 8274 47'a 8'% 1 Jun Dec 29% 83 Va 47a 13% Peabody & Co com——No par preferred—: : —100 Jun 13 29% 83'% 4% > 34 Va 100 Foods 8 % Dec 29% 03% 4% LOW — Clinton 7% 33,000 30% 83% 4% 84 14,% Saturday Molybdenum— cum 200 23 % 14% 23% Jan. 28 Oil Climax Cluett 1.900 8% —^.25 Pitts Special 80 914 2574 13% Coca-Cola 42'% Jan Dec 17% Cleve 9% "25 35% Clopay Corp 2 3% Juiy 89 29% 9'% 8'% STOCK preferred— 4 1075 25% 13 Va par 3 160 "24 % 34% $4.50 Jan Sep Va 8% 25% 8% Cleve Graph Bronze Co common 12% Jan Jan 8% "24% 100 4,600 101 14 45% 37 July 9 "100 35% par 5% 100 38.00C 3474 41a 5 14 99 luo 1814 30 34 13 Va Illuminating com—No preferred No 62% Jan 101 9 "29% 34 Va Cleve Elec Feb 64 30% 84 100 ; 17% 337 a 14 31% "65% Jan 82 % 30 84'% 101 18 30 33% 33% 34% 100 Jan 172 30% 84% 12 St Louis 15 % Jun 30% 12 & non-cum 73 Nov 25% 13 Equipment C 43 Nov 251 "100 17'% "29% 30 33 3,400 13% Co__ Dec 54 9% 25% "29'/a 34 6,000 20 19% 33 Milling Machine Co. Dec 70 "4 9'% "25% "12 5%% preferred —-1 City;Produ.ct-s Corp.—, 5% 43% Xl24% 17% 30 34 87% : Gas Aug July 17'/4 86% Corp / 10% 133 17% 17'% . 7% preferred.— 36 % 21% 20'% 87 Financial Claik 28 Mar 108 19% 87 City Investing Co Jan Jan 19% 100 YORK preferred T 82 C 36% Mar I Sep 85 19% 13% No par Chile Copper Co Dec 30 Va 67 19% 21.900 32% A common Jun 86 19 Va 1.700 No par Co series Cotton Co 30% Jun 8% 5,200 14 7% Par Jan Feb 1674 8% 1074 12'% $ per share $ per share 5'/a 67« 14% 1574 8'% 1.074 "13% 32% EXCHANGE 16% 79% 14% 16 "7% " Lowest $ per share Sep 14 7/a 15% 8'% Cab_>__No par Yellow 35 42% 14% 16 *7% 10% 14 MOO com RR Pac preferred Jun x20 14% 15% 8'% "13 Va 14 No par preference—No par Chic Rock Is & Jun 2% 14% 16'% STOCKS Highest S per share 15 16 10'% vtc__No par com Tool convertible Chicago 14% 10% .^.100 P preferred Conv 20 15 "29'/a 4% preferred vtc— Range for Previous Lowest & 112 "111)4 16 10 Va 10% 112 15% 29% 34'% 100 41% 6.100 14% 17% iNapar 1 3,800 "13'% 16% 9'% 9% 38% 14 10'% 14'% , 200 4.000 974 38)4 10% "4% 14 , 16% 9% 10% 5% 23 "lil'% 112 11.700 30% 9% 38 14 29'% 34 % 100 8% Chiqago & North West '$3 "111'% Co cl A.—25 Ry Paul 111'/a 85 13% —_l . 1 Milw Series 111'% 112 16)4 4,500 11 14% 10'% -50 Class B. Jun 4% 17 (The) preferred Chic "111% 5% 1 Chicago Great West Ry Co com—50 Jun , ,:'84% , .40 - 7% 141% Jan 9% 38 Va 30'% 9% '-25 30% . com—No par 12% 14 9% 37% 25% "99% .1.25 16 % 16 9% 37 Va 30'% 34 100 9% 34 par No par , Mfg East 16 Va 9% 37% 112 "111 % Chesapeake Corp of Virginia 5 Chesapeake & Ohio Ry common.—25 3'%% convertible preferred—-100 5'/a 16% 9% 37'% 16% 5 85 17 9% 36'% 16% Jan 34% 16% 9% 36 36 "29'% 98 Nov 17% S% 4'% 1 Dec preferred 4% No par 98% 190 20% 19% : 600 20% 19% —, 33% 20% 19'% Products < 20% 19'% Champion Paper & Fib com—No 34 Va 20% "4% 5 Chain 33 % 34 Va 20% "7% 11 33% 20% 8'% 20 Be.t Co- 136 "7% Jan 16,80(1 107 136 8% 34% Jan 31% 106 % 136 15% 31 200 107 14% 3 11,800 107 "7% 13 3474 10474 "135 15% 30 % Jan 100 33% "104'% 107 14% 29% Jan 14714 33% 104% 136 9.50 Dec 147'% 148 "104'% 135 —No par Nov 1.800 11.200 107 Co 31 % 8% 46% 34% 14 31% 8'% 45% 135 Va 10% 22% July 18% Jun 100 8% 46% 107% 10% 91 37 34 14 Corp. 5,700 "36 135 10% Copper 500 1874 18'% 37 "107 136 14 3 4.700 3374 34'% "135 Corp com—5 West Sugar 147 33 33 Va 104% 33% 107'% 33% 107'% 136 148 33 180 33% "3274 18% 103% 21 :5o 7 Jun "147 "104'% 103% 20 1 18% Feb Nov 148 45% * 300 19% 5 21% Jan 77 8'% 47% 104% 600 19'% " .No par 3 27 "147 148 8'% 46% 33 % 13 Cab 8 104 Va Jan 18 12 30 "146% "35% 0% 37 47 46 % 17% 18 Va "35% 32% 18% Jan 24 8 8 46% 18 18'/a 37 104 Va 15 $4.50 18 % "35% 32% Dec 27 33 104% Jan Jan 33% 33 32% 16% 100 33%' 33 "104% 21% Certain-teed 34 33 32% M0 Mills Pasco 33% 104% Jun de 33% 33 V2 32'% No par 1 Co vtc South 147 "103% 50 % 10 33 Va "104% Co Violeta 8% 8 104'% 10 9.% 104'/2 __10 50 6% July 14% July 37 46'% 8 33% 18% "36 8'% 46% 100 Sugar of 9% 18% 36 25 -t _— RR Co 18'% ,36 9 7 105 % llOO Ry 10% - 10)4 "104% B Feb 9% 105'% preferred series B vtc—^-lOO Hudson G & E Corp.—No par Illinois Light common--—" 4'%% preferred MOO Oct 9 120 10 Central Oct Jun 56% Central Dec 11% 8 17 "55'% "104'% 5r% 'Jan 9% 36% 14% 3% "16% 55'% 105'% preferred-, Jan Oct 5% 16% 55'% 9% 100 Celofex Corp commop 5% preferred Dec Jun 16'% 55% 9% 1st 2nd 8 ■ 16% 55'% 9% Corp of Amer com—No par preferred No par SI.75 12 9% 50% "16'% 57 9% ,.—50 4.20% 4 Jan 24% 6% Mar 33% • 50% 16% "55% 91% commons "45% 50% "16% 57 "104 % i CaterpiLar Tractor 1 21 « Feb Co preferred 9% Jan 11% Mar Jun 4 5 136 (J 7% 50 "a 17 "55% "18Va series . General 50 MB i„10 & 50 49% 16% 1 Co preferred 4% 49% for Shares 57 MOo j. Ry Corp common'—— Conv 25 X114 49% Thursday "16 32% Carriers $ per share - "55% ___10 "32% 12 Apr "48 common—M 5 3 23'/a $ per share Light——No par 16 48% Jan the Week $ per share & 14 147% Feb Feb. 3 '$ per share Power 19% Jan « Sales Feb. 2 $ per share Carolina Carpenter Steel Jan Friday Feb. 1 Ohio Carrier PRICES Wednesday & 1 SALE Jan. 31 Clinch 31 HIGH Tuesday Jan. 80 Carolina Feb 8% Feb A AND Monday $ per share < No par class preferred A Capital Airlines Inc.—— 33% Jan 100% 3 RECORD LOW Mills 16% 56'/a (563) Jan. 28 , . Par Mar 30% Mar CHRONICLE Saturday . 5 per share 12',4 Mar 100 STOCK STOCK EXCHANGE Highest 50 5 J% FINANCIAL STOCKS Year If)4!) Lowest & 5 ——M0 * 112% 104 112% "103 104% 4174 103 42'% 104 % 42'% 103 43 x42 42 103 "103 104 u; 11) 174,000 550 104 "103 10 18% 18% 13% 19 18% 18% 18'% 18% 18% 19 18 4 19 3,800 98 98 98 98 97 97 97'% 96';» 96% 96 2 98 340 37% "102 8% "76% 39'% 38% 38% 103 8% "102% 103 "8% 9 77 76% 76% 38' 102% 8: 76: 39'% 38'% 97% 39% 38% C3:% 38 '2 38% 102'/a 102% 102% "102% 10274 102 874 87b "8% 76% 76% 76% ' 9 77L 9 76% 11,400 4 102)4 8:J4 8% 1.200 76% 7674 3,100 400 11 COMMERCIAL & THE (564) pi2 Monday, February 6, 1950 FINANCIAL > CHRONICLE , L $ per Par I per $ per share S per share share C% 5 57% 14 014% Jun 83a Jan 6J8Jan 3 7*8 Jan 9 Feb 65% Oct 55% Jan 25 60*4 Jan 9 Conrinenral Oil of Delaware ]1 V* Jun 15% Jan 13*2 Jan 3 15*2 Jan 11 Continental Steel Corp 1934 Jun 24 *8 Dec 23', Jan 4 25% Jan 11 Jan 11 Feb 3 Cooper-Bessemer Corp common _5 $3 prior preferred No par * ' 54 553 e May 51',2 July 55 Jun 123a Feb 7 1914 Jan 1434 Jan 3 17 *4 Feb 3 52 Feb 49 Jan 24 495a Jan 11 7 Jun 11% Dec 10% Jan 3 13*2 Jan 14 bl>% Jan 12 Feb 3 49% Mar 5814 Dec 57% Jan 3 20 30% Dec 28 % J an 13 Apr Jan 13 17 Jan 12 34 94 Jan 102 ! Dec K)0% Jan 25 101*4 Jan 5 Jan 102 Sep 101 Jan 30 102 % Jan 27 6734 Jan 13 72% Jan 3 30 185! a Jan 12 4',2 Jan 28 5% Jan 5 2*2 Jan 7312 Jan 57 Dec Jan 3% Mar 183 Sep 189 5 171 % % Dec Jan Jun 2% Oct 2 Jan 32 >2 Jan 27 Jan 3 3 31 Jan 11 6 Jun 8% 125s Jan 18 14 Jan 5 Dec 25 29% Feb 3 Cream of Wheat Corp Crown Cork & Seal common 13% Oct 19>2 Jan 15% Jan 26 17% Jan 3 36% Jan 42!, Apr 39 Jan 18 40 Jan 19 32 Feb 3 $2 20 Jun 30 Dec 27% Jan 13 Mar 105 Dec 102 >2 Jan 11 104 34 Jan. 5 94 16 99% Dec 3 14 Nov 24 Jan 163s Jan 3 20% Jan Nov 72 >2 Jan 55!a Jan 3 59*2 Jan 11 21 July 31 Apr 2234 Jan 5 25 Jan G 1534Jan 4 19*4 Jan 9 9*a Jan 31 May 12% 160 . Dec 1634 Feb May 160 .May 99% Jan 10',4 Nov 13*8 Feb 3 6712 Jan 14 1134 Jan 3 Feb 25% Dec 23% Jan 10 Feb 8' Oct Jan 3 8 16 132 5% 60 <4% 43*4 4 7 122! Oct 145% Jun 109 Jan 73 Jun 16 : 7% Jan 8% Mar Jun Dec 9% 24% Jan 3 3 3 *■ 26 *4 Jan 9 Jan 30 • Mar Sep 12% 12% 16% 12% 12% 17'A 6,500 *100 !4 101 102% 69*4 69'A 9 Jun 87 Jan 96 7b Nov 96 Jan 12 97 Jan 23 11V4 July 14% Dec 13 3 a Jan 25 15 Jan 31 17*8 May 15% Jan 3 60 31% 70% 71'A 183','2 i83y2 183% 182 % 4% 4% 4% 4,100 4-% 4% 5 4% 2% 2*4 2% 2% 2% 2'A 2% 3,800 2*4 29% 16.300 13% 13% 13% 29'A 29% 29% 39% 39% 39 % 39% 39% 31% 31% 31*4 31% 31% 32 31% 103 V2 103% 104 *101% 103 *103*4 104 *103% 104 103% 103 *101*4 103 *101% 103 *101% 18% 18 18% 18% 55% 56 56*4 57 23 23% 24'A 24 24'A 18 18 18 *4 18'A 17% 18*4 24% *24% 7% 7% No par 131 130% 131 24% 7% 55% 55% 55% 8*4 8 8 24% 24 % % 5G 56 24 24 24% 1.01 a 17% 17% 4,800 8% 9 8% 9 *67!« 09 *67% 69 12% 55 55 55 21% 23% Jan 15 ' 22% Jan 31 92 Jan PRC, :: 92% Jan 100% Dec 7% Jun 12% Nov 9% Jan 4% May Jun 17 2 Jan 5 Davison Chemical Corp Dayton 29% Jan May 4 33*4 Feb 3 Jan 11 99% Feb 1 97 Aug 12*2 Jan 3 11% Jan 31 Jan 30 Deep Rock Oil Corp Jan 31 Deere Ac Co common. Jun 43% Oct 38% Jan 4 45 Mar 36 % Sep 35 3 8 Jan 13 36 Jan 3 3 33 Jan 11 30 y8 31 40% Jun 26 29% Jan Jan Jun 93a Jan 8-/4 Jan 3 103s Jan Jun 22% Dec 21% Jan 12 23*4 Feb 3 19 Jun 30% Dec 34% Jun 53% Dec 27% Jan 13 52% Jan 3 12% Dec 14% Dec 12% Jan 20 Jan 23% Sep 21% Jan 13 Jun 58 Jan 53 5% " '•' ' 50 4% 12% 8% 8% 8% 8% 8% 8% 8% 8% 3,500 24 % 24*4 24*4 24 24% 24% 24 3b 23% 24% 24% 23% 43% 43% 31,200 44''2 43 43 Va 45 42% 43*8 4.4*4 35% 35% 36 30% 43 43 *35% 35% 36 35% 35% 36 36 35% 35% 30% 30% 30*4 30% 31 30% 30*4 31% 30% 30'A 31 9% 9% 9% 9% 10 9% 10% 9% 9% 9% 9% 21% 22 22 22*4 21% 21% 23*4 21% 22% 21% 22% *21% & Light Co...13.50 29% 29 29% 29% 29% '29*4 29% 29 29 29% 13 13 23*4 23 22% 22% 22% 22% 22% 22% 58 58 58 7 7 22 22 13 23% F'eb Feb Detroit Hillsdale & 2 12 58 8 20 S W RR Co..100 Derby Oil Co (The)—, Edison Detroit 3 7% Jan , ' "12% 13*8 13% 13% 13% 5 *20% 21 20% 20% 20% 20% 12.50 *36% 37 36% 37 36% 37% "42 42% *41% 42 "2 42% 12% 12'A 12% *12'A Detroit Steel Corp 20% Jan 25 23% Jan 9 Nov xl2% Jan 11 De 20% Jan 6 13 13% Jan Nov 22*4 Jan 12 Devoe & 31% Sep 40 Jan 36% Jan 26 39*4 Jan 3 Vilbiss Match Sep 45% Feb 40% Jan 3 42% Jan 14 Jun 13% Dec 12*8 Jan 25 13% Jan 3 Jun 9% Nov 8% Jan 25 9% Jan 12% Jun 13 18% Jan 5 12 No par common 25 participating preferred—. 6% 9 *'4 Co Raynolds class A— Diamond 6% * "21% Diana Stores Corp 9 Ltd 18 17% 17% vr •*> Range Since Jan. 1 9% $ per share 12% Jan NEW . 24% Feb 33*4 Nov 35% Jan 28 40*4 Feb 2 45 *4 Jun 53% Nov 50% Jan 3 53% Jan 26 10 Jun 14% Mar 10% Jan 3 13 Jan 9 25 July 38*4 Dec 33% Jan 13 36% Jan Jan 18% Sep 15% Jan 27 17*4 Jan 6 48% Feb 72% Oct 69 Vb Jan 13 74% Jan 43 Apr 57% Dec 54*4 Jan 13 Dec 15. 64 Dec 101% Apr 108% Sep 109 101 Apr 123*2 Dec 119*4 Jan 13 24% May 17% Jan 25 19*4 Jan 18 83 % Jan A 16% Dec 1 • Jan 81% Jan 11% Mar 2034 Oct 19% Jan 27 14*4 Oct 13 Jun 119 97% Jun 63% Feb' 43*4 124*2 Jan 2 60*8 Jan Nov 122*4 Jan Oct 13 9 101% Jan 27 Jun ho a2 jan 113*'2 Jan 4 9% Jun 12% Jan 10 V4 Jan 15% Jun 20*4 Mar 17 13 Jun 16% Mar 14 y4 Jan 52% 53 52 3 12% *12% 34% 34% 15 9 14% Jan 12 63% Feb Jan 125 3 25 102*4 Feb 3 Jan 3 114 - 11% Jan . 59 —No par No par •109 10 34% 15% 15% 15% 71% 72*4 58% 59'A 15% 15% 15% 15% 71% 72 70% 71% 72% 58% 58% 58% 58% 58% 58% 58% 58% 19/64 16% 7% July IV* 13% Jun 1 20 20 13% 13 3 4 13% 13% 13! 4 13% 62 "a 61% 62*4 617a 62*4 Jun 32 7-s 14% Apr 88 Jan 96*/» Jan 96% Jan 12% Jan 25 14% Jan 96 Jan Dec X8V4 Jan 45% Dec 42% Jan 17% Dec 16 36*8 Oct 35*4 Jan 2*8 Jan 1% Jan Jan 39% Jan 33% Apr 12% Feb 32%. Mar 1% Jun Jun 19'/8 Jan Edison 51 Jan 96 Jan 13 12 10 Jan 9 26 13 46% Jan 5 173/„ Jan 18 6 3 3 37% Feb 3 2Va Jan 23 42% Jan 11 Jan 7 28% Jan 12 13 25% Jan 26 13*8 Mar 10% Jun 17% Jun 28% Nov Nov 69 Jan 3 74 Oct 50 Jan 13 51 48 Jun 75 42% Jan 51*2 23% Aug 29 1 Dec Jan - 40 40 (4 98 9% 43% 16% 16*8 12% 98 93 *95 9 •9 4.3% 16*8 43% *37 2 Vb *69 50 Dec 55 . page 3 % Jan 20. 11 y4 Jan 7 60% Jan 31 Jan 13 5 _ 4 *4 Jan 10 Williams *50*4 12 12 12*4 12*4 2,100 26% 26% 26% 3,600 26*4 72% 70 70 70% 70 M» 51 50% 51 51 51" 26 74 26% 26% 26% 26% '7,600 14% 14*2 14% 14% 2,100 23% 26% 25*4 26% 152,800 18! 4 18% 18 18% 5,400 31*8 31 y8 "500 26*4 -*26 26% 72% *68 72% *50% 51 27 Vb 51 72% *69 51 51 *50% 26% 27*4 *68 27 27'4 26 % 14% 14% 14%- 14% 14% 14% 24*4 23% 24% 23% 24% 17% 17% 17% 18 18 18 18% 18% "31% 32*4 32% 32*4 32 32 31% 31% 40! 4 14%. 22% Exchange Buffet Corp 400 ,1,00a 26 22% 1 3 2.50 ; 50,100 26! 4 21*4 Eversharp Inc 2 4,600 12% *14% Ex-Cell-O Corp 37% 2 5,000 40% 5 5 37% 2 ' - 26 3 Corp 17*4 1,400 9*8 44% 16% 12*4 4 Products. Co 98 9 44 • 40% 57% Evans *95 9 8,600 13*4 26% 1 ' % Eureka 13*4 98 1,100 18*4 98 12 57% 9 13 "7,500 30 Vb 40% 11 %' 11 "95 98 - »3,4 57 Jan ' 40% 11 % 60 18% 178 18 12 Phonograph preferred series A Erie & Pittsburgh RR Co..: 30 40% Mfg Co 5% 6,400 13,700 11% . 27 % Brie RR common., 11'A 47% 37*4 2 1,300. 10% *175 37 % IB,200 ') 47*8 16% 2 Vb 7,200 14% 30 16% 90 15 14 1,500 ,800 - 17% 14% ,■ 178 44% 37% 2% 17% , 11' •44*4 17 37% 10% 2% 57 9 13 % 13 9 !' % Jan *95 *95 11 % Electric 18 3 8 10% • " 40% 12 26 13 43% *37 x29% 1,600 - 125 *124% 2% 11% ! 37% *37 2 , 17 16% 16% 37 9 *95 56% 2 11 see 16% 43% 43 12% *95 98 11% 10 6% Jan footnotes 43% 37 9% 9% 9% 43% 5 98 *95 98 *9*4 3 12% 12% 12% • : *176 18% 56% 12*4 Jan 57% Feb 10% Jan Dec For 12% *95 100 1 *95 18% 18% 11% 7% Jan 5 5 4 9% Jan 13 Apr *95 2.50 Empire District Electric Co 8% Jan 5% 98 Endicott Johnson 5*4 Jan 25 Jun *95- 30 % 56% 5 Jan 103 Emerson Dec 3 98 . 18*8 178 29% 56*2 33% Jan 3 10 6% Jan 13 10% Jan 13 55 Jan 13 60 Jan 11% 18% Storage Battery.. El Paso Natural Gas... Jan 61% Boat common preference 5% Jun *18% 47*4 46% *176 30% 11% Jan 10*8 Jan 6% 18% No par 15 Elliott Co common^ 10 5 % % convertible preferred.,. 50 Jun 6ya 18% Elgin National Watch Co Feb 36 1 47 178 100 50 5 Dec Jan 63 29% 30*4 No par 31% Feb 100% Jan July 29% 46% *176 *101% Dec 3Y4 30-/a 29% 10 Corp common 25 4% preferred 100 Equitable Office Bldg 1 35% 55 179 *176 179 1 Jun 61 *2 . 46% 46*8 46*4 45% *176 18% Feb x29'/4 Jun 11 11 17% Jan 48% 10% Emerson Radio & Nov 7 14% 11% 3 18*4 14% 14% 10% 26% Feb Jan 105 14 11% 3 14% Jun 14% 11% 3 Nov Jan 14% 14% 14% 3 Dec 13% Jun 14% 8 11% Convertible preferred No par Elec & Mus Ind Amer shares. 5% 14 3 Jan 14 14% Jun 9V4 Stop Nut Co.l— Electric Auto-Lite (The)— Electric 47% 17% 17% 26% Feb Jun 4% 12 ... Elastic Electric 46% 14% 11*4 —100 preferred. 14% 10% 14*4 14-% xl6*4Jan May 8% 100% Jan common preferred 4'/a% 14% 14% 10 28% Jan 6 15% Jan 12 12 y8 . 4*4% Inc 17% 14% 14% 2 Ekco Products Co common 13 liy2 Jan 25 Bros Stores 17% 17*4 14% *14*4 100 preferred Eaton Manufacturing Co Dec 8% 34% 13 3 12 May Jun 6 Jan Dec 14*4 101 Oct 94% Eastern Eastman Kodak Co common. Jan 30% Jan 10% 10% 5 10 Corp Jan Jan 17% Jan Dec 96 10*4 Feb Steel 113 7 4 '10% 10% 1 12 29 Jan 19 Stainless 113% 10% 124% 10 48 6% 113% 10% 10% 1 13 113% *10% Corp common.— 49.100 63% a 113% 113% Airlines Inc—„J 130 400 i,30o; 114 114 17 Vo 62 7 rl 14 114 17% 62% 102 101% 114 17 62% ■ 101% '*113% 17*4 13% 13% 13% 13% 13 102*4 .100 5 • 20 13 .102 101% 14% 83 20 63!4 101% 17 82% 103 101% _^_lo 18*8 r 20 124% 101% Eagle-Picher Co..—_ 17% ..83% 20 62'4 1017 8 DWG Cigar Corp..a 18*4 83% 20% 103 125 10% 17% < 18 85 18 124% 125- 10% 300 9,200 125 125 124%, 124'% No par 179 Jan 124% No par 1st pfd Eastern 20 20 45,000 9.200 *20 18',8 85 3,200 24,700 130% .129% *83% 20% 5 10 129% *19 *- Preferred $3.50 series^ Duquesne Light 5% Eastern 5 15% Jan 109 129 17% 45% Jan 27 Oct 21% Jan 10 109 129% *83% 172% Jan Jan Nov 202 Jan 16 13 14*4 Jan 25 Dec 48% Jun 38% 164 19% Jan 28 109% 129 18'4 4,400 . 109% *109 109% 83% 61% r-jY ho 18% 5 . ;■ • 129% 129 130 128% ■Jit 17/64 *109% 110 83% —j *12 72 18*4 Preferred $4.50 series.., *52% 16 E Jrn 52% 71% 130% 180 34% 34% 34*4 34% 34 3 4 35% 4 71% (E I) & Co— Common 1,200 3,200 12% 12% 12*4 12 12% 12% 84 — Duplan Corp.. 52% 34% .—No par Dunhili International 52% 15% 32 } 40% 12% 110 •/ 1,100 1,900 40 35 7*e *58 1.03.. *102 7 7*8 62 *58 - 103 7 62 *102 6% •58% 5% 103 *102 7 7 62 5% "58*4 5% 103 V/b 62 5% ,. 31*4 103 7 11% 57% *58*4 *5% *40% 40% r 31*4 103 *102 7 7*4 5?% 103% 7 11% • 11% 57% 11% G2 41 57% *58 5% 5% 200 160 "90 20,300 17,300 900 62 5% 2,066 5% 5% 9% 1.100 93A 9% 9% 9% 9% 9% 9% 9% 9% 9% *5*4 10% 8,300 10% lC'A 10*2 10% 10% 10% 10% 10% 10% 10% 10 *4 2,900 60'% 60'a 60% 59% 59'A 57% 60 57% 58 58% 60 4 *3% 4 3% *3% *3% *3% *3% 4 5% ■ *3% 5% 4 58% - 4 I { Shares • 39% 53 12% *83 18% 14*4 *14% 14 15'% 32 Sales, for the Week - o share $ per share 14 15% 110 129% 50c !l00 $ per 59 70% convertible preferred 3%% Feb, Feb. I $ per.share share 1,800 Friday Thursday 71'% 15% No par $3.25 2nd preferred 20*2 Jan 4 112 52% 34% Dresser Industries common.!. 5 SALE PRICES ; 14,100 18% 18% 18*4 2,800. 9 8% 9 9 18 52% 52% 9 30 9'A 18% '4 39% *12% 32 Du Pont de Nem 102% Aug * Feb . 12 3 4 8% 18 18*4 53 5 series A «00 12*4 vk''-, Chemical Co common $4 preferred 12'/2 38% 35% Rights 30 131% Jan 24 86*2 8% Dow 21 Jan 12% "12% 12% 37*4 35% - 42 12% 36% 35% No par Ltd Douglas Aircraft 17 59% Jan 24 110 4 Sep 78 Mines 19/64 Jan A Jan 13 Jan- Dome 42% 14% 13% Doehler-Jarvis Corp 4 12% Pepper Co 42% i 500 X42 42% 14 No par Class A Dr. 37% 42'% 14*4 35% 1 37% 14 13% 900 21 *20% 14 No par Dixie Cup Co common * 37% Feb. I No par Divco Corp 800 21 *4 Wednesday i 15% Jan 11 4 800 13 21 AND HIGH $ per 22'A 13 X37 9 14 22 21 Jan. 31 $ per share 1,200 37 % Tuesday Jan. 28 r 10 6% C% 37 Jan. 30 $ per share Par share 1,600 58 *56 20% ■ Monday Saturday STOCK YORK EXCHANGE Highest Lowest Jan 17 Feb ' '12% 1.400 23,500 42'% 17Tb LOW STOCKS 12% 12% 13*4 9 9% 9 9 18 50c 2 : Distill Corp-Seagrams 12% 2 Diamond T Motor Car Co 22 22 22 *21% 22 *21% 2? 7'8 7 7*4 7*4 7*4 7% •7*8 7 *56 58 *56 58 *55 58 *55 1 l Detroit-Michigan Stove Co 2*% Mar $ per 4,400 23% 22% 23*4 23% 10 12% 13% 13 12Tb 13 4,600 13 12% 13 13 11 12% > " 54*4 54% 54% 54'A 54*4 54*4 54% 54*4 54'A 54.% 13% share 3,700 16,900 10 54''4 4 Highest T 2.900 42% 23 22% $ per 8% 8% 8*4 13% Jan , 9,500 8% ,54 Jun Lowest ' 8.700 12'A 100 Jun Sper share 1,000 100 11% 12*4 11% 100 6,700 - 100 "98% 100 ctfs for preferred—100 6 Year 1949 *99 100 ' 12'A 12% 12% 12*4 100 ctfs for common Jan Range for Previous *.98% *99 "98% 99'% 99% 99*4 100 *98% 33'A 31 % 31% 31% *98*4 31% 56*4 Jan 3 17% Jan 12% & Rio Grande West RR Jun Dec 11% 12 98% 100 22% 31% Escrow 11*8 H* OC «.c* 05" *98% 22% 4,600 23 22 34 31 % 1,600 * 17% *16% 22% r 23% 100 50 - *98% 100 31*4 31 30% 98% % "98 16%' - 14% Escrow 16% 37*4 Western.. & 30% 30 34 "98% 14% 16% 22 Va 22*4 22 14% 16% 2,200 5.400 97 14% 11 Jan 31 15 = 22'A 14% 14% *16 16% *15% 2,400 14 13% • 29,300 24'A *96% 97 • 145 24*4 14 *96% 97 *96% '< 900 : 8% 28% 6% Jan Jan 9% 22 Vb 20 Delaware Power Denver Jun Lack 22% —No par Hudson & 16% 1 preferred Delaware 17 19 1% Delaware 14% *15% 50c ; 5 24% Jan 10 13% 16% 50c Dayton Rubber Co Decca Records Inc Jan 3 8% Jan 27 22 15 14 *22 % 100 100 series B 3.75% Preferred 5 15 ,97 *15% 7 Power & Light common 3.75% series A 97 13% 13 % 13% 13% *.96 *13% 20 1 (Thei Preferred 99% Jan 97% Jan 24 Jan 29 16*2 Feb 24 21% Jan 23 Dec Mar 26 !4 Xl63a preferred series A 3%% Davega Stores Corp common 5% convertible preferred 13Tb 23% ' 21% 21% *135 145 23% : 8*4 . 21% 21% *135 145 23'A 24'A 8% 8!4 8% 8 *4 55 210 131 55 . 400 12,200 7% 7% ' 55 -131 132 21*4 24% 7% *130 *135 24% 1,600 12% ' 24% 7^4 7% 131 8*4 97 *96'A 1214 100 12*4 12% 24% 25 7'A 21'% H'4 14 14% *96% 20,700 9 25 145 23% 175 *160 131 55% 8*4 175 69 12% 132 55*4 17% 834 7% 7% 17 *4 *160 17% 175 1,500 *67% 25 25 *135 145 *135 56 24 17% 12% 21% 22 21% 21% 145 18% 56 24 *160 68% *130% 132 18% 56% 9*4 8% 9 8% 19 18% *23*4 180 *160 180 *160 300 3,600 18% 18*4 18% 56% 8% 103 800 5,300 56*4 18% 180 „ 104 104 *101% 23 14% 39% 31% 56 1 IOO -2.50 39% 39% *24 Corp common 10,900 39% 12% Dana 3 Jan 15 13 13% Jan 500 16% 31% D 15% Ttjir 29% xl6*4 16% 31% 31*4 24 29% 16% 29 Vb 16% 39% 39 7 a 24»A 29 % 133' 29% 16Tb '39% u_No par 13% 16 Vs *31 103 4,100 13% 13% 16% 15% r 105 *103% 105 13% 13% *29 29% 29% 29 % *103% 16% 16 8 29% I. 105 *103% 105 *1031/2 105 29*4 30'A 29*4 28% 28% *103% 103'% 150 183% 2*4 13% 21% 180 8,900 71% 71 4-% 29% *135 101% 182% 13'A l-No par 1 1 pfd 100 101% 890 4% 183 12% a. 102 71 Vb 183 % *12% Class-A *101 70 % 101 6,400 *182% 29% 55% 101% *100% 12% ; 101 71 % *12% preferred *100*4 101% 13% 7% 34 101 *100*4 60% 32% 70% *28% 8% __ "59% *100% *103% *160 31% 30% 60% 32'/4 7,300 12% *100'4 2% 2% 60% 30% 30% 50 101 4% 23'A 60*4 10 12% 70% 183 105 13 *1001/4 69% 4% 12% 101% 101 184 12% 50 *48% 101 *100% "101% *60 30% 29% 50 12% 60% 12% 16% *49 *48% 12% 50 *48% 29% 16% 16% 16*4 16'A 16*4 16'A 50 68 3 4 Cutler-Hammer Inc—: 11 Jan 12% 68% Cushman's Sons Inc 7% Jan 20 25 12% *67% preferred—i Curtis-Wright common 9 < ■ 12% 69 Prior 19% 133 '• 12% 2.800 12% *67 $7 11 138 55 29% Curtis 8% Jan Jan 20 23*4 Jan 4 25'A 55 60% 103 "2 5 Jan 22% Jan 138 Jan 24% 55% 60 *101% ,-55% Jan 28 7% Jan - 19 2514 Jan 20% Jan Apr Jun 137 Jan 49!4 Jan 52*2 Nov Jun 7 18% 2 13*2 Jan - 25 *54% Cunningham Drug Stores Inc 2.50 Publishing common No par 23 Jan 69 24% 55% 60 No par Crucible Steel of Amer com__No par 5 cv convertible preferred =-100 Cuba RR 6% non-cum pfd 100 Cuban-American Sug;ar common—10 7% preferred A __100 Cudahy Packing Co common—-.— 10 4%% preferred — 100 Cuneo Press Inc -< • 5 11 49 90 24% *54% ' 12% No par 900 3.000 24% 55% 60 preferred— 15'A 25'/b 12% 15*8 11,300 15 % 25% *48% 2% 57% *54% 16*8 16*4 28 18,700 *4 15% 55% 13 4% 6% 58% 25'A 50 *183 Shares % 6 6% 6% 15'A 12% __No par preferred—1* $4 2nd 58 15 Vb 12% Zellerbach Corp common.—5 $4.20 100 3 4 Jan iThei___ preferred.,. Crown 57 15 Va 1 2 2.50 Creameries of America_____ 28 *2 Jan 103*2 Jan Dec 29 % Feb 23 20 Nov 14 U Jan 58 15! 4 100 preferred 3%'.o 57*2 12% 25 Crane Co common 105 104 Jun 96 International Corp Coty 30*4 Jan 1% 21 % 57% 14% *48% . 100 1 1 preferred 7% Coty Inc 57% 14 Tb 6% 6*4 15% 55'A 16*4 Convertible 92% 59'A *54% Copperweld Steel Dec 6% *12*4 Copper.Range Co Jun 49 share 6% *54 !4 No par Co common 5 pref 5% series 50 Cornell Dubilier Electric Corp 1 Corn Exchange Eank & Tr Co 20 Corning Glass Works common 5 3%Tc preferred 103 Cum pfd 3*2rr series of 1947__100 Corn Products Refining c-ommon__25 9 12 share $ per 6% 24% 15'A 25 25 the Week 57% 57% 5% Sales for Feb. :> 4' per share 6% 6% 475b Friday Feb. 2 Feb. 1 S per $ per share Thursday Wednesday Jun. 31 - $ per share share 1 Continental Motors HIGH SALE PRICES. AND Tuesday Jan. :>0 Jan.28 EXCHANGE Highest Lowest Highest share LOW Monday Saturday YORK STOCK NEW Range Since Jan. 1 Year 1949 S per RECORD STOCKS Range for Previous Lowest STOCK YORK NEW .1 in TNTvi Volume 171 A P7Q THF." COMMERCIAL Number 4879 THE COMMERCIAL NEW Range for Previous Lowest Range Since Jan.. I Highest a FTNANOTAT. & rHTfONTrT.F FINANCIAL YORK STOCK 15671 CHRONICLE (565) RECORD STOCKS Year $ per share & Lowest $ per share NEW Highest • . $ per share YORK LOW STOCK AND HIGH SALE PRICES Saturday Par Monday Jan. ;JK , EXCHANGE Sper share Tuesday Wednesday Jan. 60 Feb. 1 Friday Sales Jan. 81 Feb.A* Feb. 3 the Week $ per share S per share tper share $ per share $ per share $ per share Thursday F 34 Jun 19 Feb 19% Oct 12% Aug 74 4l % Jan 39' Jan 3 2574 Oct 2374 Jan 3 2374 Dec 20 7m Jan 2j 15 74 Oct 42 % Jan Jun 14% Jan Fairbanks Morse & Co 11 2 4 74 Feb 3 J/4 Jan 7 Falstaif Brewing Corp Feb 3 16 3 774 Jan 1174 Mar 15% Dec 15'A Jan 3 32 1674 Jan Jan 36 74 Jan 9 37% Jan 28 18% Nov 1774 Jan 13 1474 Jun 374 Jun 2474 674 Feb Jan 36 9574 Mar 74 Jan 104 3 474 Jan Jan Federal 3 104 74 Jan 3 .1 *15 % 1 Motor Truck 474% 12 20 Felt & Tarrant Mfg Ferro Enamel Corp 8274 Jan 11 Fidelity Phoenix Fire Ins N YJ 53 107 74 Mar Jan 10574 Jan 5674 Feb 18 69 Dec 67 Jan 1774 Jan 13 Jan 3 21% 31% Jan 30% Jan 4 10474 Dec 1067a Jan 17 1174 July Jun 98% Jan Firestone 5 69 74 Jan 20 33 74 Jan 4%.% 5 14 74 Jan 9 - 2 2774 Feb 2 19 7 Florida 4 15% Oct 2474 Jan 874 Feb 14% Dec 1474 Jan 2074 Apr 29% Jan 28 Jan 13 30% Jan May July 92% Nov 8974 Jan 3 94% Feb 3 96% Oct 96 Jan 7 Feb 33% Dec 29 Jan 2o $4 preferred- 18 19 % 21% Jun 25% 874 Nov 8 Jun 14% Jan 25 1174 Jan • 3 1274 Aug 1074 May x38 Feb 1174 24 Dec 60 Nov 1574 Jan 10 147a Jan 12 17 31> * 3 99 Jan Jan Jan 30 3 1174 Jan 3 117b Jan 10 13 9 64 Jan 16 Feb 3 Shoe class A_. 4% 4% 4% 36% 36% 104 12% 18% 19 81% 18% 18% 19 19 1,300 4% 4% 4% 2,100 4,900 30% 377b 103% 103% 12% 12% 127. 700 19 18% 18% 1,200 32% 32% 2,500 3,500 267a *18% 81% 82 82 82 82'A 12% 82% 250 55% 55% 55% 55% 55 % 55% 56% *106% 106% *106% 106% *106% 106% 106 % 67% 67% 67% 67 % 67% 68 69% 69% 1,800 13% 14 14 137 a 14 13% 14 1,400 5,600 68 13% 14- 13% ■ 32% 106% *105% *26% 27%. 27%- 19 14% 18% 14% 18% 104 12% *105% *14% 18% 55% 68 19 104 200 187^ 36 % 104 12% 5,300 37% 106% 106% 27 19 36% 104 12% 106% 25% 36% 104 13 9,700 1 *14% 32% 32% 32% 32 56 106% 180 32% 32% 32% 104% 105% *104% 105% 27%- 27% 27% 27% 27 7A 27% 27% 187a 18% 1,300 18% 19 18% 19 18% 19 14% 14% 8,500 14-% 107 *105% 107 100 14% 13% *14% 147 a 14% 14% 13% 13% 16 13% 13% 15% 16 13% 137. 13'/a 16 13% 17 16% 6,300 29% 29 16% 29'A 16% 16% 16% 1677 14,700 29% 7,300 13% 28% 95 *94% 95% *94 % 98% 99 98% 98%. 98 30% 30 30% 30 30% 24 24 'i 24% *24 24% 29% 29% *24 24% 24 17 Jan 13 1974 Feb 3-. Dec 20 74 Jan 13 227a Jan Fruehauf Trailer Co 7574 Jan 3 30 1 common preferred 95% 94% 94% 97% 98 97% 98 29% 30% 30% 31% *24 29 29% 100 400 4,100 11% 11% 11% 247a *24 11% 24% 130 11% 11% 11% *10% 10% 11% 11% 11 10% 11% 10% 10 1,100 10% *9% 10 9% 1,300 02% 63 63% 61 61% 9'A 78 62 17% 21% 100 61 % 62% 1<% lrt XvJ 18% 18% 21% 18% 19 21% 63% 18% 64 All 22 *17% • __1 ; *94% 10% 60 % Froedtert Grain & Malting Co Inc. 1 9 Feb 28% 95% *10% . 10 Dec 29% 98% 300 11% 1 ; 787a 4% 29% *94% 98 No par Franklin Stores Corp.. Freeport Sulphur Co 29 94 *2..% - .25 Francisco Sugar Co.. 13% 98 lo prior preferred 13'A *93 100 ; common.. 1774 Feb 4% *37' 15% 2374 Sep 4% 32'A 10 _ Jun 67 *18% 31% • No par Jan 16% 18% 1% 16% 29 % 6% - 18% 1 15% ;___1 3%%. preferred Foster-Wheeler Corp 27 74 Feb 5774 Jan 25 18% 31% i 7% 37% 18% *105% No par *37 15% 1% 16% 37% 31% 4 157a 1% 137a 37 % 104% x41 C'orp___l0 3%%. convertible preferred.__.l00 • 5 974 Jan Florsheim 14% 1 15% 1% 16 % 37% 81% 68% 14% 1% 16 *37% *12% 106% *67% .No par Power Corp.. Follansbee Steel Corp__ Food Fair Stores Inc Food Machinery & Chein 30 337a Jan - 10G 15% 15% 1% 16 15% 18 % 55 No par Florence Stove Co 3 Sep 55 54% J.100 5 Jan 81% *31 No par 1(174 Jan Jan 18% No par 24 74 Jan *104 12% 25 preferred 10474 Feb 104% 1874 (The) Carpet Co Dec 106 *104 10 com common 1% 41 37% 18% 12% National Stores (The) 18% 1 First Flintkote Co 5,600 1% 16 *37 5 Firth ' J*»- May 89 Co Rubber & 18% 9% 78 Tire 23 1874 May 13 74 Jan 12 3 16 1% 15% 37 % *18% 100 1374 Jan 19% Jan 105 15% 15% 1 yB 10 37 % 5 preferred 3 3 13 15% 2,800 4% 1174 Jan 19 6,900 21 36% 1774 Jan 52% Jan 24% 21 4% Jan 80 % Jan 21% 20% 36% Dec Dec 1,100 24% 20% 4% 17% Dec 41% 24% 20% 36% 2074 56 41 24% 20% *4% Jun 8174 41 24% 201'2 15% *36 74 Nov July May 41 24% 20% 5 12% 43 41% 24% 20% 13% 15% 2 common 1074 63% July *40% 24% 20% No par Federated Dept Stores 18 40% 24% 1. 1 40% 24'A 20% 20% Mining & Smelting Co Federal-Mogul Corp 10 40% *24 1 Federal 11 574 Jan 37% Feb 13 103 Sep 14 1874 Jan 3 33 74 Jan Dec 1% Jan *39% zo ; Family Finance Corp common._ FAR Liquidating Corp Fedders-Quigan Corp 13 38% Jun No par Fajardo Sugar Co 22 for Shares 21% 19% 22 1,700 21% 22 % 79 21% 22 % 22 6.100 78 21% 79 80 80 80 1,540 7 3.800 78 *73 v4 ♦78 80 *73 5.900 G 474 Jun 7% Apr 5% Jan 3 4% 7% Jan Jun 30 Gabriel Co 7% Oct 7% Jan 3 8% Jan 10 Gair Co 18% Doc 17% Jan 12 18% Jan 28 6% Jan 3 8 % Jan 20 14% Jun 6 Oct 31% Oct 13 Feb 9% Jan 41% Jan 17% Dec 35 17 Jan 3 33% Jan 10 18 Jan 20 3 19 Jan 19 18% Feb 3 15 Jun 19 Apr xl7% Jan 10% Jun 16% Dec 15% Jan 3% Jun 21% Jun 32% Feb 474 Jan 243'4 Feb 15% Jun 27 % Jan Jan 18% Feb 13% Jan 20% Jan 11 19% Dec 18 103% » Gamble-Skogmo Inc Jan 5% 6% Feb 41% Sep 107 Jun 48 % 105 5% Jan Jan 19% Jan Jan 11 Nov 45% Jan 13 July 106 Jan 103% Jan 12 Jun 99 11 Dec 10% Jan 5 9% 152 Oct 9% Feb G 163% Jan 15 Dec 161 (The).. Gardner-Denver Co Garrett 2 19 17% Jan 134 Jan 3 23 42% Dec 41% Jan 13 39% Jan 48% Dec 47% Jan 13 Jan 100% Dec 100% Jan 3 13% Jan 8% Jan 4 75 Jan 9 30% Jan 9 18% Jan 11 138% Jan 44% Feb Jan Cigar Co Inc preferred 7% General Foods Corp 10% Jan 14 56% Jan 25 General 56% Dec 128% Jua 126 Jan 13 127 Jan 5 112 Dec 109% Jan 10 113 Jan 24 5% < No par Corp.. 19 7 18% 474 a 600 17% 17% 300 18% * 38 13% 600 18% 9,700 18% 5 25% 5 2574 5 *26 4,700 26% 20 20 197 a 20 19% 20 2,100 19% 1974 1974 1974 1974 1974 19% 105 74 1974 6,400 * 1057a 10574 105 74 105% 105% 105 % 47% 46% 47 74 10474 105 104% 1174 1474- 47% 12 1174 1574 1174 165% 16 5.600 107 1174 100 11% *163 1674 1674 16% 7% 7% 7% 774 7% *71% 7% 774 72 7 %■ *7l7x 7274 *7174 72% 72% 28 72% *7174 *2774 28% *27% 28% 2774 28 *27% 28%-. 1774 1774 1774 1774 1774 1774 18 • 136 17% 135 7% 1777 135 ' * *135 136 7% 6,900 ' 1774 60 500 • 17% 800 13574 43 % 13574 43% 4377 4374 4474 43% 49'A 4474 4474 4474 4474 447 4 48% 49 % 56.100 4974 4974 4974 50 4974 50 Va 497* 50% 8,000 102% 10 102 102% *101 103 10274 135 102% 10% 10 1077 10 1074 10 55% 55 74 55% 5574 55% 56% *126% 127 *126% 127 127 *111 112 *111 112 *111 127 / 127 111% 10274 112 136 *101 •• 140 ♦127 102% 300 1074 10 10% 19.700 56% 974 56 127 112 135 13574 ♦101 10 55% *55% ..3.100 10,500 73 28 y 29 42% preferred___100 3,700 165% 71% *48% 1 110 49 43% *103 106% ♦16374 16574 1574 10574 4874 ♦103% 12 *163% 15 14% 7% 48 10674 1174 165% ♦10574 48 *103% 7% *102 No par 200 20 *16374 14% 1874 5 2674 3,400 20 a 165% 14'A 18 74 4% *2574 *163% *14'A 18 4% 2674 11% '135 No par Mills common... 187a 47s *2574 11% *17% 100 .1 *103% 17% 5 26 % 197a 46% 105 *28 ..No par convertible 177 a 4% 400 874 a 71% No par com preferred 3%% 17% *25% 8.700 18% 33 *i 137a 5 26% 3' 1774 *1874 11% . 50 com $3,50 preferred General Instrument Jun 16 preferred General *1774 18% * I6i %' lb4 % * 5 General Electric Co.. Jan 54% Jan 2nd conv Corp 3 20 44% Apr 11% No par 1 Bronze 2 50% Feb 103 preferred 47t> 9 123% 97 5 General Cable Corp com ..No par 4% 1st preferred ___„_.___100 Jan 93% Jun *101% 9 27% Jan $8 1774 '47% - 33 18% 47 5 38 37% xl7% *105'A 100 No par % 8 % 3 18% 8 177a 19% 105% Transportation 8 1874 19% 105% 9% Jan 71 Jan x6% Amer 37 8 18% 19% $4.25 preferred scries A General Baking Co common 8 674 8 1874 *17% 1 20 Jan Jun General 7 774 *187« 18% 19% General Jan 34 31 % 3774 3774 *674 8% 1874 18 74 17 7'a 19% $4.50 preferred 3 7 8 * 17 % 19% com 8 18% 8 38 .1.66% 2 10 Apr Gaylord Container Corp.: General American Investors 8 7 7% 7% f-H cc *18% 17% 4% 26% 24 31 139% 3 31 Jan 1 50 com convertible preferred 16% Feb 79% Jun Feb 12 Wood Industries Inc 4%% 38 18% 17% 7 77a 187a 7% 18 *18% * 2 7% 7% 13% * 38 *17% No par (The) 163% Jan Jun 129 49 Corp 6% 8 *37 % No par 5 Apr Apr Gar 14 104% Jan Co 6% 18% 7% 7% od 12 Jun 20 105% Jan 5 common Jan 24'A Jun 11 18% 13% Jan 7% Feb 65% 17 12 6% *7% 20 convertible preferred.: Gamewell 12 23% ' 1 comiiion....1 (Robert) preferred 6% 12 Jan (The) Inc 56 56%. 3,500 128 112% *127 128 90 112% *112 74 113 600 * Range for Previous STOCKS Year 1949 Lowest $ per share 51% Jun 123 74 Jan x97 Jan ' Range Since Jan. Highest Lowest $ per share '7274 $ per share 68% Jan 13 75% Feb 3 Sep xl25% Jan 5 1267:. Jan 24 Dec 10274 Jan 6' 10374 Feb 3 21% Jan 16 Sep 10% Jan 3 22 % Jun 3874 Dec 34% Jan 27 Jan 1674 MaiDec 3% Nov 17 1374 Jan 38 Jan 3 4 1574 Jan 11 374 Jan 23 374 Jan 9 1674 Jan 3 Jun 20% Jan 1974 Jan 4 May 124 % Dec 12174 Jan 6 15% 120 " $ per share 127% 1974 17 74 Jan 23 LOW STOCK 12 Jan 7 12274 Jan 13 Par General Motors Corp General Gen Nov 6% Jan 20 774 Jan 6 General Jan 2 3 74 Jan 31 25 74 Jan 9 General 18 34 5 5 115 34 99% July 2274 Jan 18% Jun 99% Apr 15% 67 64 Dec x31j/b Jan 122 Jan 113 31 Nov 2774 Dec 102% Jan Jun 2174 July Sep 77 % Jun 12% 574 73 Jan 28% Jan 13 21% Feb 101 Jan 10 Jan 7 29 74 Jan 11 24 74 Jan 9 102 Jan 12 25 974 Feb 3 Georgia-Pac Plywood & Lumb 3 Gillette Safety Razor 13 4 38 Feb 9474' Jan 31 17% Jan 1474 Jan 13 16% Jan 8074 Oct 80 10 83 74 Aug 2574 Dec 18 74 Jan 3 29 Feb 2 55 Dec 54 Jan 23 56 Jan 5 10% Dec 10% Jan 13 12 Feb 2 112 74 Jan 11 x9574 Jun 14 74 Jun 52% 100 Jun Jun 34 Jun 98 74 Jun 10 Jun 28 116 Jan 19" Sep 72% Jan 2474 Jan 110 25 Feb 3 14% Jan 24 Jan 2474 Jan 18 Jan 9 26 U 4574 3 7 7 74 Feb 3 20 10474 Jan 10 Jan 4374 Jan 13 48]A Feb 3 Sep 1674 Mar 10374 Jan 13 106 74 Jan 30 12% Jan 16 13 74 Jan 9 1% May 374 Jan 174 Jan 3 274 Jan 10 574 Feb 874 Apr 774 Jan 3 9 Jan 9 16% Jan 3074 33% Jan 31 1674 Jun 28% Jan 24% Jan 4 26 Jan 11 20% Mar 28% Dec 2674 Jan 31 2774 Jan 5 93% Apr 101 Dec 29 Jan 100% Jan 4 6 10274 Jan 9 16% Feb 3 11 Jun 1674 Apr 1574 Jan 13 32 Jan 3674 Oct 3374 Jan 12 1174 Jun 14% Sep 12 33'A Jun 1674 Jan 133 % July Jail 3 4374 Jan 4074 Jan 3 19% Oct 18% Jan 13 144% Mar 13774 Jan 3 35 74 Jan 17 13 12 Jan 65 6 71 Jan 30 Dec 41 Jan 4 4474 Jan 12 13 Jan 4 14 12 974 Oct 12 July 10% Jan Jan 100 July 97% Jan 3 Jun Apr 1877 Jan 13 Feb 5 92 2074 774 July 6 % Jan Jan 9% 101 Dec Jan 1274 Jan 100 Jan 3 3 3 Jun 14 41 Jun 5474 Dec 5174 Jan 4 5674 Jun 71% Jan 59 74 Jan 25 1674 Jan For 2274 footnotes Dec see page 21 20. Jan 3 3 Brewing Co 1 $5 preferred Jan 11-74 Jan 100 11 Jan 28 20 74 Jan 9 8 74 Jan 19 102 15 56% Jan 6 Jan 17 Jan 6374 Jan 24%. Jan 12 3 !3 112% 2377 2374 32% 32 11374 114 2974 29% 29% 22% 1,400 2277 22% 22% *22 74 22 74 22 74 2274 22% 22% 600 *101 19% 103% *101 20% 21 *78 7.9% 72 *69 72 *69 72 *69 72 11% 974 9% 974 3774 37% 3 7 7a 94% 15% 94 *9474 9574 15 7 84 *102% 46 11% *82 2074 21% 277a 2j 5477 5477 11 -'a 11% 112% 2 217 a 21% 8,600 29 28'A 2874 17.900 53 55 300 12 9,300 1174 ♦110 1574 1574 75 7« 77% 1037a 10374. 10374 477a 4674 *106% 10874 13 Va *12% 1274 2 74 2 1 874 32% 3377 33 74 3374 X33% 25-'%, 257a 26 26 2574 *26% 27 26% 2677 26% 26% 2674 21 Vk 2674 *101% 102 $2.25 conv preferred Gt Northern Iron Ry 6% 3__.N0 par *35 • Ore Prop__No par pfd_____No par 7% preferred 12% 43 *19% ...100 144 Green Bay & Western RR____1__100 Green (H Lt Co Inc 1 Greenfield Tap & Greyhound Corp lfV> 15% ' Sugar common $5 convertible preferred Gulf Mobile & Ohio RR 1 Gulf States Utilities Co 440 10% 6,600 3574 12% 12% 1274 12% 1274 12 7a 12% 4,300 43% 42 42% '4174 42% 42% 43 74 5,200 197a- 1977 19% 1-9% 1974 1974 197« 19% 4,800 144 *142'A 144 *13% " 143% 1377 11% 100 20% 7% 103 11 *99 20% 777 102 144 4 144 73 1 *71 *69 42 11% 144 144 75 *71 42% 4174 42 13% *13'% 13% 13% 144 . ' *143 75 *70 41% 41% *13% 1374 144 75 * 5,300 13 7a 13 % 100 11 >4 31,700 11 Vn 8 11% 11% 1174 1174 99% *9877 9974 *98% 99% *98% 997a 2077 20% 2074 1974 2074 20% 20% 774 774 77 a 7% 77 a 102 8 102 14% *55% 61% 62 617a 62% : 22% 22% 227s 23. 11 102 77a L *102 . 103 102 11 102 ,*102 8 103 ' 1474 - 7 14% - ; ; 147'a 55% - - 55% 6177 . 62 227a 22% -. 110 9,900 4,300 70 14%- 1474 1474 1474 ,1474 14% -5574, 5574 *54% 53 7a '55% 56 1,000 12,300 ' 56 10 41% 93% 20% 160 41% 20% 100 14% ' 16 %• *34% 4277 55'A 25 16% 3574 101 Va 1277 A 14% No par 2.10Q 101 3.000 1974 55% .3 16 % 1,600 27 "a 12% No par preferred 102 25 Mi 27% 2774 33% 43% com.Nopar $5 Gulf Oil Cor"* 2,600. 33% 26% 19% 14 *102 7a 33% ,20 *3474 r , 1,100 26,600 43 42% 7% No par 3574 100 127a 12% 71 11 ,16% 1.200 15,000 12% 71 20% 15% *3474 35% 10174 43'4 43 41% 100 1 * j ni ' ' 8 104 108 19% 71 3 1577 *34% 3-' % 5,300 2 74 " 43 *13% « JA'» 1574" 36".: *42% 100 Aircraft Corp.. Guantanamo *34% 5A" (The)— pieferred Grumman 15% *68 " Die Corp__No par Common 4%% 36 loo 3% 47 *10674 * 12 % 2% 33% " 1037a 47 74 10874 . 2574 ' 6,400 " 2 8% 10 1574 76% 32% 87 % 110 15% 25% • 117a 110 75 32% . . 15% 25% 37a 12 11274 3% 8% 84 55 1274 2% 300 11,100 55 10674 12% ; 21% 150 12,200 15% 7574 10374 * 108 1277- ■ 2% 157a 4-1% 2174 *32 i 10,600 96 15% 84 97a 38 27% , 1127a 75 477a a 11% *110 104 % *106.... , *94 1574 *82 2077 47 13% 15 . 54% *103 47 106% 2 84 27% *110 104 *12 % 15% 20% *54% 11% 112'% 106% 94 a 27 54% .11,700 ... 974 37% 15 2077 *110 72 34% 27 180 ao 9 *82 20% 23% *69 37 15% 900 103% 21% ,79 ■ 37% 9 94% 327a 114 37% 84 % 26% % *101 21% 79 % 877 *54% 10374 21 *78 37% 15'A ♦101 2174 79% 8% *82 10374 21% *78 37% *93% *101 103'% 20 % 79 % 32% 15% 2,500 29% *23% *15% 24% 3274 ..5 preferred ...j. 2.-.-100 Grayson-Robinson Stores coml__..l 20 3,400 24% 2474 6% 113% Grand Union Co (The) l__1___10 Granite City Steel.... _____No par Grant (W T) Co common _ 5 3% % 1,100 674 297a 15% 8% 7 32 % 32 75% 2% 3 124 674 11374 15% 13% *123 ♦123 25,200 297a 74% •2 124 4,100 17 22 113 7s 15% 13% 1 3% 10% 22 29 7 a 7577 46 3% 17% 22 674 23% 1 32% 14% 103 374 1674 21% 124 674 114 75% 107 374 374 17 23% 14% 45%". 3.300 a *32% 76% 103 9,300 15 1 7113% 14% *105% 35% 14% 29% 75 __.__.__No par P__._. 11% *110 ______.No par —1 55 11% 100 10 Graham-Paige Motors Granby Consol M S <fc 27% *54 (B F) common__No par $5 preferred :No par Goodyear Tire <fc Rub com No par Gotham Hosiery 20 26% 3.50 Gold & Stock Telegraph Co.. 15% 84 19% No par common Gt Northern 14 74 Mar 15 74 (The) 2.50 convertible preferred 94% 15% *82 Great Western Sugar com. ___No par 43% 93 74 % % Corp... 10 26 11% Jan 4 *94 5 20 Jan 33% Mar Dec Glidden Co Goebel . No par 35% 1474 32'A *69 37 35% 1474 113%. *78 8% 1.200 3574 ,,i t 29% 72 36% No par common 23 % 32% 19% *69 No par coin 23 % 20% 2174 *123 67ii 23% 20% 3% *21 124 67a 79% 8% 1974 Jan Nov Jun 100 *123 21 A 167a 17 6% 113 • 103% 19% *78 Co__l 44% Jan 144 67 62% Brothers $4.50 preferred Gleaner Harvester 5 Goodrich Co 6974 Jan 101% Jan Dec. preferred.. $5 convertible preference Gimbel *101 100 . Goodall-Sanford Inc.. Dec 106 Rubber Co com. 9 Aug 104 100 8% Jan 7274 July Jan preferred '22% 124 2077 35% ii-.» *23'A 114 29% 22% a 6% -• 33 114 '29% Corp'common_.No-par *123 7 23% *32 20 4%% Jan 1 : No par 3%% 21 Jun *6% 23% : 3 90 122% 10c 7 3374 Jan 21% 122% No par Feb Jan July 217 a Jan Dec 5% 167a 21% 80 3774 1774 3% 16% 21% 68 91 48 3% 16% 21% 7 Jun Jun 35% 3 Jun Dec 357a 23 79% 1.300 35 7 Jail Feb 1,100 103% 37 a pfd Corp preferred 126 103%. 14 7a Refractories 78,100 126 10374 35% 3% 16% 21V2 75% 126 103% 3% , 73 126 14% 14 3% 16% 75 196 10374 35% 14 100 General Tire 73% 126 10377 21 1974 Jan 3 73% 126% 103% 21 77% Jan 2374 Feb 73% 126% 103% 2077 Apr 68 »737a 126% 103% 20% 10c Shoe Corp Gen Steel Castings $6 General Telephone 4%% 73 for Shares 126% 20%. Realty & Utilities General Time {73%;. Thursday 103 % *20% Jan Mar 24 12 % 1 Jan $ per share 35 No par General Mar the Week $ per share G1 par 7% i'eh. 8 t per share 31% preferred 24% Sales Fell. •; $rper share *20% General Public Utilities Corp. ___5 Gen Railway Signal com_____No Jun Friday Feb. 1 1 Precision Equip Corp Public Service Feb 72% < PRICES Wednesday .No par Portland Cement Co. General 6% 73% SALE Jan. 81 $ per share 103% HIGH Tuesday Jan. 30 126% 103% No par 72% *126% . __.__.__No par Preferred $3.75 series Gen Outdoor Advertising AND Monday Jan. 28 $ per share 10 common $5 preferred 474 24 Saturday ' f 20% ? YORK EXCHANGE 104% Feb 1174 July 2 74 Jun NEW Nov 13 11% 1 Highest 1 61% 6174 2277 23 t 617a 62 74- 62% 63 227a 23 74 23% 237a 10,900 6,600 15 13 11 (566) THE COMMERCIAL Range for Previous NEW Range Since Jan. 1 Lowest Highest $ per share CHRONICLE STOCKS Year 1949 Lowest FINANCIAL & $ per sIlutc $ per share LOW STOCK YORK AND HIGH SALE PRICES Saturday Monday Tuesday Wednesday Jan. 28 Jan. .SO Jan. Ill Feb. 1 $ per share $ per share EXCHANGE Highest Monday, February 6, 1950 Par S per share $ per share $ per share Thursday Friday Sales Feo. 8 Feb. "J $ per share the Week $ per share for Shares H 31 Jan 39% Dec 40 ■% Jan 9 16% Jun 24% Dec 22% Jan 13 12 Jan 14% Dec 14'4 Jan 11% Jun 13% Dec 41% Feb ••.1 Hackensack Water 25'A Jan 30 Halliburton Oil 4 j.5% Jan 12 Hall 1274 Jan 4 14 '4 Jan 12 Hamilton 80 (W 25 *41 'A '% 41% 41% 41% Cementing—5 2474 25 25 25 »A 24% 25% 24% 24% 24% 24% 24% 5 14% 14% 1474 15'A 25% 14% 15 19,700 14% 14% 15 15 15 13'A 12 74 13 15 % 13 Vs 13% 1,400 13% 1,400 ——-—-- Well Printing F) Watch Co Co _ _ _ com. No par — *41'A 4174 *13 4174 *41 ' 72'/a July 104'% Apr 18% 81 Jan 77 Jan 5 Jan 27 108'% Nov 105 Feb 2 107% Jan 3 Hanna 23% Jan 20 Jan 3 22% Feb 2 Harbison-Walk Feb 145 Jan 5 23% Jan 3 Nov 142 May 20% 149 Jan 25% Dec 7% Feb 1 2774 Jan 12 146 6% Nov 51/2 Jan 3 7 '/4 Feb 68 Va Oct 64% Jan 5 69'/2 Feb 1 11 9% Feb Jun 10% Dec 5% Jun 9% Jan 67b Jan 3 19% Feb Dec 22 >4 Jan 27 25 20 'A Jan 25% Jan 95'% Dec 37% Dec 30 Jan 98 % Jan* 105 93% 23% Jan 3274 Jan 42% Jan 17% Aug Jun 53 Dec Feb 131 40 122% 2874 Jan 3 41 Jan *24 106% Jan 6 17 3 13 32'A Jan Jan 3 417.4 Jan 5. 16 • Ja.i 25 1774 Jan 7 5274 Jan 9 49'% Jan 125 Sep 23 Jan 6 127 Jan 46 'A Jan Dec 4074 Jan 25 Dec 53% Jan 4 53% Feb W) 22% 29 'A 95 preferred _ Hershey Chocolate 51'A Nov Dec ■51% Jan Aug 21% Jan 15 74 Jan 3 18% Feb 3 Hewitt-Robins, Inc 14% Jun 21'% Jan 13% Jan 20 18'4 Jan 7 77 Dec 84'% Sep 7 6'4 Feb 1 80 Jan 6 Heyden Chemical Corp 3'%% preferred series 4 12'% Jan 15 7a Feb 11 52 '4 6 8% May 12'A Dec 11% Jan 11% Jun 15'4 Dec 14% Jan 4 12% Jan 15'A Sep 13% Jan .5 20 Jun 29% Dec 25% Jan 14 Jun •15% Oct 12'% Jan 31 8% 16% 18% Jan 3 \v-i7t> Hilton Hotels 3 Hinde & 1 Hires Co 28 Va Feb 2 Holland 14'% Jan 5 Hollander 15 Feb 4 19'% Jan 24'4 Mar 28'% Sep 27% Jan 16 x287% Jan 5 34% 50% Nov 45'A Jan 24 477 a Jan 11 34'% Dec Jun Jan Jan 22'% x24 Apr 100 Jun 116 Dec 109 94'/a Sep 101'% Dec 9% Jun 13% Dec 32'A Jan 13 9 34% Jan 5% 116 Jan 5 101'A Jan 12 104 Jan 19 12% Jan 25 14 Jan Hooker 9 30 Feb 35% NOV 31.'% Jan , 28% Jan 41'% Nov 35 31 86% Jan 99'% Dec 95'% Jan 7 98'% Jan Jun 46% Jan 13 48'% Jan 23 38'% Jan 12 Oct 15'A Jan 5 17 Jan 20 5 4474 Jan $4.25 23 42% $4.50 2nd Jan 3 Jan 10 36% Jan 5 34 $2.25 3%% 49% 4974 50 50 50% 50% *126'% *126'% 128 128 15% 14%. *33 50 34 common- _No par 100 5% 100 *13 Jun 47 7 b Jan 39% Jan 13 Feb 2 Hudson Bay Min & Sm Ltd- _No par *41 14% Oct 13% Jan 3 15'% Jan 12 Hudson Motor Range for Previous Lowest Jun 10% Jan 3 2% Jan 11 18'% Jan 4 3674 Dec 35% Jan 3 5 39 Jan 20 Jan 3 Jan 20 Dec 34'/4 Jan 25 100 Dec 95 26 95 Jun 96 Jan 94% Jan 17' 97 20 Jun 34'A Dec 34 Jan 25 3774 Jan 20 2574 Jan 3774 Nov 3674 Jan 13 39 74 Feb 3 51'% Jun 55'% Nov 55 13- 7% Sep 10 Va Jan 874 Feb 2174 Jan 29% Dec 28'% Jan 4 Jan 30 May Jun 11% 8 13 71 Feb 2 Jan 6 170 Jan 19 41 % Jan 38 Jan 26 18'A Jan 13'% Jan 3 40 74 Jan 15 Jan 9 12 Jan 10% Dec 10% Jan 27 11 Jan 5 1274 Apr 18'% Dec 1674 Jan 16 1874 Jan 11 86% Jan 95'A Dec 92% Jan 31 9574 Jan 10 Jun 2 74 Jan 1'% Jan 25 2 74 Jan 11 137b Jan 1274 Jan 13 1374 Jan 7 1 Jun 974 X14574 Jan 234 212 Dec Jan 4 2274 Jun 2974 Dec 164'% Jan 1807-2 Dec 574 Feb 10 24 Jun 3474 Oct 32 Jail 28' 73 74 Jan 86% Oct 84 Jan 4 674 Dec 6 Jan 31'A Jan 374 Feb 2574 Jun 133 Dec Feb 143 Dec 3 7''A 103% 74 13 • 1 12 • 235 Feb 29'A Jan 4 Int' 14 25 37 74 Jan 11 1 106'% Jan 10 Feb 5'% Jan 6 674 Jan 12 71 Feb 49'% Jan 3 5 8 74 Feb 1 61 Feb 56 Jan 20 57 74 Jan 9 14 38'% Jun 5774 Jan 49 74 Jan 3 30 74 Aug 34 Jan 33 Jan 13 7% 46% Jan 28 5434 Feb 3 Jan 6 35 Int'l _ International Aug preferred Jun Jacobs (F 1874 Jan 14% Jan 5 16 Feb 1 Jaeger Co _ 94 Dec 92% Jan 25 94 Feb 1 Jersey Cent 155 18 30 54'A Jan Feb 109 Dec 108'A Feb May 170 Dec 180 Jun 21 33'% Jan 3 Jan 55 % Feb 3 7 3 Jan 20 47c 180 Jan 16 Joliet Feb Jones & 5'r Jun 86 Jan 8174 Jan 13 847-4 Feb 2 30'% Dec 40'% Mar 30'A Jan 13 34 74 Jan 30 8'% Jun 94'% Jan Joy 10 74 Jan .3 1174 Jan 10 98% Jan 25 99 74 Jan 26 3.807/ 44' 105% Nov 104% Jan 9 106% Jan 31 x34'A Feb 49% Dec 46 74 Jan 12 49 74 Jan 5 52 Jan 6274' Dec 5974 Jan 26 62% Feb 2* Kansas Co 47c 100 171'% class *166 171% *166 171'/a *166 47% 3,20) 70 71 2,600 171% 387b 39 38% 39% 38% 39 38% 39 'A 1.474 14% 10,300 14% 14 % 14% 14% 14% 14% 14% 3,300 1.100 177b 18 18% 18 % 13% ia'/8 13 'A 95 9274 2,600 93 94 94 *93 'A 94% 93'4 93 Va 2774 27'% 179 7% 180% 974 * 9% 32 *86 par 100 ... 3274 89 67%- 227 27'% *180 974 33 *86 228 * 1% 1% 1% 1% 1% 1% 17b 1,000 13% 13 7b 13% 13% 13% 13% 13% 13% 7.200 228 2774 27 180% 230 *180 9% 74 229% 232 230 233 97 b 27 "a 23% 27% 27% 179 % 178% 178'% 178 % ' 10 10% 10 10'A 97 b 10% 26,7 ud 33% 33 % 33% 33 '4 33% 33 Va 33% 7,000 89 90 "6S *86 90 6% 6% 6% 6% 6% 6% 3 300 28% 28 % 28% 28% 28% 28% 28% 133'A 133 74 24.800 133'% 133% 133% 133% 133'% 133% 133% 133% 35 74 310 36% 26.300 105% 300 35% *103 105 *6 674 56-74 5674 56 74 *55 53 *33 3 4 35 35 *103 3574 105 *574 6 74 5574 56 74 *55 4674 3574 *103 35% 104 36 % 35% 104 % 6% 36 *104 *6 6% 6 74 6% 56% 55 58% 56'% 58'% 57% 58% 56% 55'% 56''a 56% 56% *56% 46 46 46 46 457-8 4 6'4 45% 45% 1.900 53 52% 53% 53% 54 54 5 4'A 54% 1.100 35 *33% 35 *34 74 4574 46% 53 6 Ve 53 % 35 *33% 35 6% *33% 12-% 12% 12'% 12% 12'A 12% 12 12% 12 12% 18% 1874 18% 18'/a 18% 18 % 18% 19 19 % *21% 22% 2174 2174 217, 22 Va 22 Va 22% 22% .No par *2974 30 74 29% 29% 2974 29% 29% 29% 29 29 29 29 29 28% 29 Ve 141 *139% 1 No par pfd—100 No par common 100 :_L No par com 100 12% common 100 A 100 1 *13974 6 74 141 *13974 141 *13974 200 35 83.200 2.600 22% 22 "a 29% 29% 29% 29% 1.100 29 141 12% 19% 22% 29'4 2874 29% 2,500 141 141 *140 141 800 10 674 6'% 6'% 6'% 14% 1474 *14'% 15'A *147« 15 'A 15'/, 16 *15 7% 16 74 *16 16 74 93 93 *9274 93'% 93 93% 94 94 93% 93% 93 93 74 260 61 61 6174 61 61 74 60'% 61 60 74 60% 2,500 106 % *106'% *106'% 10774 110 47% 20.800 *6074 *106 4674 *123 53 74 61 107 61 106 106 74 4674 46 74 4674 124% 12374 1247B 53'A 537b 53 % •*106 6% *6% 107 46% 125 106% 4774 47 12574 5374 53 7 G'% 2 4774 125% 12674 110 109 109 *108'% 110 *108'% 110 180 *170 180 *170 180 *170 180 30% 83 83 83 83 83% 83% 3374 3374 3374 3474 3374 3374 3074 30% 30% ' 54% * 180 *170 6% 127 54% 103% 35 74 110 2.900 600 2.600 2,600 30 180 31 30'% 30% 3o' 83% 84 8374 8 474 84 84% 861 33 33% 33 3 33'% 3374 8,300 1174 *11 10 74 2,300 30'A 3'A 10% 99 74 100 *10574 106 74 *10534 106 74 com...No par 47 3 4 48 %' 4874 487b 48% 4974 48 4874 61'A 6174 6174 61 % 61'4 61', 62 1774 177 b 1774 17% 1774 1774 17 74 13 74 13 13 13 13 13 21 21 21 21'A 2174 17% 17% 17 74 17 17 11 126 % 108'A 10% 11 ' 108'A *170 99'A 10% 4774 . 53 74 5474 *10874 30'% 674 107% 4674 1267, *170 29% 6% 47'% 125'4 53'% 674 lo 1174 1174 30% 2 10% 11% 31,100 . preferred 100 16% Jan 3 18% Feb 3 Kansas Power & Light Co com—8.75 32'% Jan 26 13 74 Jan 9 Kayser 17'% Jun 23% Dec 20 »4 Jan 13 21% Jan 9 xl3'% Jun 1974 Dec 16% Jan 30 18 74 Jan 9 &' Co 5 Kelsey Hayes Wheel-conv class A—l * 700 1,090 . Vb 100 — preferred - 57 12% 19 Co— . Southern *104 *574 *55 *1874 Co Lt 35% 10574 55% 56'% *3374 35% 105 5 .1 90 674 28 74 *52 .... series *86 6% No par .... 150 10% 86 28% 133 133 29 34..oni 674 25 50c 3.000 28 178 % 28% 25 common 235 27% xl78 % 674 46 Corp- _ 233 % 28'% 180% 337% 33 % 90 130 13/4 2874 28% No par ._ 4% 171 V% 38 % 14 7% 1074 1 common .... *166 38 74 io% .100 Stove & Furniture (Julius) . 47 71 14 74 5 Co non-cum 48 10% new___7.50 ... Power & 48 x70'% 10:% __.No par Johnson 70 10% No par Corp *166 49 % 10% A—25 com .... Inc 171 Va 43% 10% com__No par Lt 69 3 8'A 224 74 . & 49 69% 1774 Jan 4,500 *1074 Nov Class B. 100 39 % 55% 10% 1474 20. 48% 69 74 % 224% com . preferred City 36% *55 1774 No par preferred' cum 55% 14 -No par Corp—l ...... Pwr City *55 10% 1774 page 55 1774 Jun see 55 9 1074 10% footnotes 55% 101 18 14'A July For *55 *55 *9.')'% 18 Chicago RR stamped 10o Laughlin Steel com__No par Kalamazoo Kansas Feb 55% ,5574 13% preferred series A Jan 100% 38% 13% Manufacturing Co Aug 1274 102 & 2nd & 1 73 *35% 3 8'4 13 54 preferred—- Johnson 109 31 35 % 3774 13 74 preferred 3%% 2 13 L) Johns Manville 16 2774 Jan Jan 4974 Jan 132 35 % 38 1% Stores Machine Jan 45'% Jan 36% 37% 9414 _• ... Jun 12 3 74 Jan *35% 37% 3874 100 Coal 274 Dec 101 *99% 36 300 1074 100 Utilities 1174 Dec *99'% 101 1% Chemical Dept Creek 33A7( 800 12,80) 5 International Telcp & Teleg—No par 81 1 36% 37% 96 *3774 101 Shares 36'% * *9974 94'A Sys Silver 3 106% Feb 36'% for 93 % 36% 96 % *347;, 1% preferred. Jan 3 36 96'% 3774 *174 Salt- Feb Jan 36 % 36% 95 % 3574 *94'A preferred. Tea 36 $ per share 3774 .100 International Shoe Jewel 36% 36 95% the Week 357s No par Rys of Cent Ainer com—No 148 24 *36 3674 97% Sales Feb. 3 38 ' $6 Friday - 1 common,.;. Canada Island Jan Inc.— common Intertype Corp 62 101 Feb. i $ per share ' —20 Rubber paper International 7% 36 3674 Thursday Feb. 1 $ per share 3574 *166 No par . - 1 3 1 No par ...100 Mining 32 'A Jan 56'A Jan *99% 36 *95 —.—No par of 29 74 Feb U 96J ■101 *55 A Copper & 5 774 Jan S Machines. 2774 Jan 13 3674 1,600 500 Jan 141 36 3674 96 Wednesday ' 13,100 18 PRICES Jan. 81 $ per share 14,100 2% 2% 18 69 preferred 57r 36 36 3574 Tuesday Jan. 30 $ per share 96 36% *36 *95 SALE 10% 10 2% 1774 49 32 21 14 Nickel $4 Monday HIGH 10% 2% 17% 21,500 69 34 48 Saturday $ per share AND 10 % 2% 18 7.800 14 % 4374 Jun Dec 10% 2% 17% 100 41% 14% 69 24 50 74 10% 2% 17% 14% 41 - 4874 7 130 10% 9% 2% *13 % V *68'A 30 Jun 14% V4 *47% 2974 Jan Jun 42% 14 4,500 Nov Jun 14% 41% 14% 7,400 Jan 30% *13% 41% xl4% 8% 24 29% 102 14% 41% 15% 8% Interstate 101 *13% 41% 15 100 29% International 104 14% 41% 17.% 3.600 8% 9 Dec "13% 15 74 974 3,100 87b 8 Va 9 10574 14 41 '4 15 'A 974 41% 23% 13'A Jan Jan 14 41% 15'A 9% 17 Va 41% 8% 417, 974 *16% \ 9 13% 7b 15 ___20 9 8% Preferred Internat'l 9%. 8% 2274 Jan 95% 41% 9 29% 20 34 Jan Oct 17% 41% 9 8% 3 59 74 *16'% *874 0'% 4 Jan 17% 41% 41 510 29% 25 44 9.600 8% 9 74 Jan 674 Jan 44% 8% 18% Jan Dec 43% 29% 20'% Jan 774 44'% 8% Dec Jail 42 % *8% Aug 140 42% 2.9 % 23 136% 42% * 1,600 874 20 Apr 4,200 35% 98% 3% Feb 1174 43 35% 29% July Jun 43 8 74 18'A 14 *98 48% 87'4 International Int'l 16 Jan 98% 48% 2% preferred 20 45 *97% 48 % 35% 2974 Minerals 4'r 7'A Jan Jun Oct 93% 48 % 35 8'A Hydro-Electric 2974 Jan Nov 46% *97% 48% 35 1774 preferred—— 13474 Jan 4 43 Jan 98% 48% 300 29% Harvester 50 41 35% '97% 48 % 274 Mex, Iron 4 3 3 74 Jan 35% 98 % 43 Va 177b preferred.. 3 104 35% 93'% 41% A__100 10 33 '/a 874 Business 23 33% 2974 Int'l 34'A Jan 33 8% Int'l 86 7% Jan 33 293/b 6 Int'l 33 % *8 74 '3 4 33 % *29% Intercontinental 10% Jan 33% 4,500 33 Va 2'A ser Co 277b Jan Fell 33 320 13 18 >4 Co De Ctfs 7 7r 12% 8% Corp 16 115%. 102'% 12% 974 Interchemical Jan 181 115% *102% 12% 874 Cons 13274 Jan * Nov 7 9'4 Jan Dec Jan 4'A 178 74 Feb Dec Nov 33 % 94 26'% Jan x 115 103 12% 5 Insuranshares Interlake 115 *102 103 *16% Rayon. Steel 4'%% 114% 12% 2'A preferred- Inland 114% *102 41% ^_50 RR Electrica Inspiration 900 Power & Light—No par Indianapolis 6% 34% *1771 Ingersoll-Rand common 6774 Jan 34 35% 9 37% Industrial 163 Oct 34 200 35 443/4 . *3474 5 Apr 72'% 34 1 preferred— Industria 33 Va 8% *99% 19 9 33-4 41% No par 25 13 5,700 9 ——1000 Jan 4 Jan 500 16% 41 *3% A series 5174 Jan Jan 28 % 45 % 16 % —100 Terminal 19 28% 43% 6.662% . ' 2974 Jan 7 47 4.70% Illinois 19 28% 46% 16% common ctfs 19 28'% 4o 42% common_10o pfd 3 Jan 165 stock *18% 1674 —19.50 4% Illinois Power Co 19 28 % 46% *33 Jan. 28 Co 4 Dec Jan RR lines 300 28 % _No par .. RR conv 4 87b Jun Leased •3,700 12% 13 LOW 9% Jan 53 'A 55 Co_ Central non-cum 400 28 % 12% *15 43% STOCK 56% Jan Jun 155 6'% 15% 28% 12% 42 7„ —- 1 33'A Mar . ... _ YORK Power Illinois 15 28% *12% *16% Par Idaho 15 27 74 12% 17 EXCHANGE 37'A Jan Feb Jun Jan ■> 98 22'% 73 3674 ___ $ per share $ per share 400 43 *40% Refrigerator Co. NEW 5,800 15% 4274 —100 preferred _ 120 ii7;. 15% *16% .. . common Hunt Foods Inc Hussman Highest Lowest $ per share ... Car Hupp Corp_ 77% 11% 12% STOCKS Range Since Jan. I Highest $ per share 3, 13 •* Year 11)49 3174 12 1% Jan Co_ Manhattan 20,800 12 25 c_ *76 5.200 . 1574 1 t v 900 18% 14 48 74 4-3 V4 Feb XJ4 13 53% 18 99 *98'A Hudson 127-, 200 34 46% 3474 2,400 35% 35 V4 -No par *34 47 53% 13% 76% 140 42 55% 46% 114% Howe 874 Jan *18% 102 1274 467b 41% *55% 28%. 114% 34',4 *28'A 42 47% 102 3 17'% Jan 19 *28 V, 11474 5 Jan *18% 103 9 Jan 18 7% 28»% *11374 Jan 274 18% *102 10 11% 27%; *12% 11474 1574 Jan 18% Dec 15 27% 12% 103 28'% 1274 13 Jun 15 27% 12% *102 26 Nov 14% 26% No par Jan 1% May *14% 76 % 3A *113 127-b Jan 8% 14% *34 Dec 10% *15% 5 com Corp non-cum 11% 15% 47 Dec 4 2'A 12'% 15% 12 11% 9 11% 15% 27 17 V* 33'% 11% *15% 2674 Jun & 76% 11% 1574 *12% Jun Sound 76% 1174 1274 19 78 1174 2674 47 126 % 14% 1274 *1874 3,901 1774 14 *76% *1574 *14% 51% 53% 17 14 78 26% Jun 8 53% 16% 13% *76 4% 40% Jan 53% 16% 78% 8'A Jan 53 % 17 14% 13% 31% 46% 53 % 53% 12 51% 55% No par Texas of *55 V'8 *16% 16 Oil 41% 55% 16'% 15% 20 1,100 « 127 41% 147-2 12 *126 700 -17 51% 41% 53 Vb *14 127 32 41 17 126% 50% *55% 16'% 10 *40 16% 55% 14 40 GOO 105 % 3174 41 41 14'/8 53% *105 31% •16 % 55% 16% *76 xl27 *40 41 52% 14 Jun Stores 126% 31% 31% 41 52% Feb Houston *55 *1674 . 1 12% Howard 126 % % 55 V« 40% ■. 105% 10 ' *28 preferred *105 51 _1 _ •39 105% 49% 29% 3 *105 39 16% 48% May 44% Oct 44% Feb 39 105% —a.—30 Houston Light & Power 39 39 41 _No par preferred 39 39% 16% 10 Finance 900 93% 81 5 _ 6,101 28 Va 93% 41 5 com 22% 28'% 95 16% 5 pfd series A conv Household 39% 12.50 preferred 22% 28 42 _ Co 22% 28 *93% 95 32 - Electrochemical 22% 28 % 16% 10 — 22% *93% *31% -5 _ Mining.. Houdaille-Hershey 95 *41 .... preferred-- conv Hcmestake 13,500 16'% _ Co Co___ 2,000 7% 32 100 & Sons 9% 7% 42 _ _ Holly Sugar Corp 25 13 Jan (A) 9% 8% 1674 55 (Charles E) Furnace 69% 9% 7% *3174 41 A Paper 69% 9% 77b *41 55 _ Corp Dauch 28% *105 5,001 28 22% *93% 3,300 7 9 % , 16% 41 _ 22 % *28% 95 10 27% 7 7% 9% ' 3174 50 __ 22 Va 2874 6,'. 00 148 22 % 7% 42 preferred series B__ -—50 ' 69% *68 9% *31% preferred series A xl3% *68 39 'A -No par com 69% 69% 26% 14 J 22% 27 7% 100 i 27 7 par common— _No 22% *145 7% 7% 105',% ; 22% 148 26 % *16'A ' _No par — 83 6% 22'A. 39'A *145 100 106 26 % 9% 105'% *81 *105 6% 774 39% 13% 81 22% 146 42 105 105 22 % 21% 146 13% *79% 26% *68 105% 13% 81 105 % *41 10 —a-25 preferred .*. Powder 4V4% *39'A 21% 148 2874 *93% 13% 70 '<> 105% *41 6% 10 774 2274 *105 21% " 42 *26 % 674 *974 *93% Motors 5 7c, 6% 6 81 % 106 *146 26'% 774 *28'A common non-cum. 217-4 148 10 74 15 25 *80 *105% 69 7% 100 81'% 106 *67% —__100 — - common Hel-cules 31 45 53% Co J) 6% Co 9 preferred (G 77c *10 26'% 69 -_1 Glass Hercules 11 55 '4 Jan 26% Mar Nov Helme 24 52 (H 6% *67% —5 preferred—* 3.65% *146 26% 1 Corp common 374'/ Heinz 41 Dec Mfg 21'A 148 UOO _ *105'% 21 Va In'c Industries Heqlit Co 9 Jan *26 common _____ Hazel-Atlas . *146 —10 Marx Corp of America preferred Hayes 27 94'% Jan 31 % Jan Dec 13'4 Feb 37'A Jan 105 Oct 34% 24'/8 Jan 3 3 2574 Jan Dec 84 21 100 & *80 81% 106 106 .No par preferred Hayes 7 -No par pfd. coriu Refrac 4'%% 10 *79% 100 _ $4.25 Co Schaffner Hat 10 Jan 8% Jan A) (M 67c 3 Jan preferred conv Hart 2 Jan 4% 61 4% xl3 % *41 1- _l 60 1774 *13 60 1774 13% *99 *13 9974 *99% 106 *20% 21 21 21 17 1674 17'4 17 7 106% 21 16% a *99 74 100 * 100 1057a 106'%' *99'A 106 - •' 100 106% 4774 101 .*105% 107 90 48% 48%. *99% 49 8,200 20 63 "2 1.100 1774 17% 1874 9.2C0 13 127a 13 62% , . *62 *21 1774 500 21 % 500 17% 1.300 Volume 171 Number 4879 THE COMMERCIAL Range for Previous Range Since Jan. 1 Lowest $ per share Jun 56% 39" Jun 11% Feb 17'% Jun 25 % Dec 90 Jun 107'% 10% Jun 50'/a Jail 3 48% Nov 45% Jan 12 46% Jan Nov 157'a Jan 3 18% Jan 19 24 Jan 13 106 Jan 55 4 . Dec 15% Jan Jan 30 26% Feb 18 16% Jan Dec 69% Jan 14 71% Feb 28% Jan 13 31 Feb Aug 98 Jan 93% Jan 9 95% Jan Feb 43 Dec 40'A Jan 27 42% Jan Feb 62% Dec 59% Feb 2 60% Jan 3% 43 1974 374 Jan 3 474 Jan 12 La 4 22 7% Jan 10 Lambert 674 Jan Dec 11 Oct 46 22% Jan 25 20 Jan 3 May 94 Jan 24 774 Jan 25 3 25 Feb 74 Jan 11 98 11% Jan 4974 Dec Jun 574 Jun 4474 Jan Jan 3 247% 8% Jan x4I% Jun 87% Feb 56'% 17 4 10 Jan 54 Jan 13 57'A Jail 23 1174 Jan $3 10 Feb 26'A Sep 22% Jan 3 2474 Jan Jan 64 Dec 6174 Jan 27 65'% Jan U 674 Jun 3474 Jun 37% July 7274 Apr A 91% 170 Feb 33 ' Jun 27 182 Jan Dec 10% 45 Dec 3774 Jan 18 89'% Jan 3 11 18574 Jan Jail 17 527% Feb 2 25 974 Jan 10 Coal _ com Tulip Cup CorpLima-Hamilton Corp 15% 19'/a Jun 2574 Oct 2374 Jan 2774 1727% Jan ' 11 27% Jan * Lone 3 174 Jan 3074 Jan 11 3374 Feb 3 347% Jan 3 40% Jan 24 Jun Sep Oct 100 21 % 24 74 Jan 98 27% Jan" Jan 25 997% Jan 3 20% Jan 18 28 Lowenstein 4 % 'A Co- (Mi Steel 5,500 60% 59% 60% 59% 59% 59% 2,100 60 59% 60 597b 60 % 60 61 2,600 7 15.100 60% 60% & *60 60% 7 *60 60% 60 % 60 6% 4 7 4 Year 1949 Range Since Jan. 1 Highest Lowest $ per share NEW Highest $ per share 7 *4 67B 4% 7 *4 22 217% 21% 11% *21% 11% 11% 11% 11% 11% 46% 11% 47% 42 46% *46 23% 23% *23'/4 42 15 23 42% 47% *46 47% 47% 47% 47% 23 % 24% 25 800 42% 42'% 42% 700 22% 22% 22!% *22%- 23 96 96 *95% 97 8% 5% *5% 6 5474 5% 2 55 2% 19% 8 45% 5% 2 19 74 - 46 % 5% 8 6 23 22% 97 *95 % 8 8% 46% 46'% 46% 5% % 0 % 2 % 19% 20% 2 5 % 5% 2 6% 6% 6% 6% 55% 55% 55% 55% 8,600 21,500 19% 55% 5.100 6% 4,700 6 '/a 55% 54% 1.500 5% 18% 19% 7,200 2% 2 2% 19% 800 10 % 46 46 6% 54% 60 97 8% 8% 5% 2% 21 20% *22'% *95% . 8% X4G% 5% 2% % 6% 54% 8% 45% 21 6 1.200 42% 22% 574 11 % 23% 96 2 11% 43 '94'% 44% 1,200 11% *46 22% 23 23 '21% 45% 800 2174 *41% 23% 96 *4474 4 22 42 22% 8 74 a 4 260 42 *94'% 8% 67 4 21% 11% 19% 7 4 22 *2174 - 67 a 4% 21% 13,600 56 3.500 11 1074 10% 10"/a 10% 10% 10% 300 22 7 23 23 2 3'/a 23% 23% 8,400 62 62 % 62 '/a 63 63 % 64 8.100 774 , 774 *3674 „ *184% 185 48 5 48 874 7% 77% 36% 36 % 36 % 84% 85% 84% 85% 184% 84 74 7% 36% 37 84 7% 184% 184'% 184!% *47 8% 49% ?% 49 8% 49 8% « 7% * 7% 7% 7% 7% 7% 36% 36% 36% 36''a 36% 700 84% 85% 85%' 85% 85% 86 % 7,100 184% 184'% 183% 184% % 184% 51% 52% 52% 52% 2,300 8% 8% 8 % 8% 19,900 *36 50 51 8% 8% 8% 184 10,300 190 63 63. 63 63 63% 63% 63% 3074 6!) % 64% 64% 64% 3074 30% 31 30% 30% 30 30 % 30% 30% 30% 31 19 14,500 19 18% 19 18% 18% 18% 19 18% 19 18% 19 78 78 5,600 *77% 79 *777a ■ *77 64% 1,500 79 79 79 79 79 2474 24% 25% 24% 25 % 24% 25 24 24% 24% 25% 24,300 17% 17% 17% 17% 17% 17% 17% —No par 17% 17% 77% 17'% 7774 17% 16,900 77% 78 78. No par 23% 23 % 24 24'% 24 —10 2574 2574 25% 25% 26 A *172 _ Sons Inc 173 *172 *172 78%' 78% 78 78% 78 78% 4,600 24% 24% 24 % 24 24 24 24 2,400 26 7A % 26% 26% 26'% 26% 26% 26'% 5,000 173 *172 173 172 172 *171 173 20 32 % 32% 32% 32% 32'% 32% 32% 33 33% 33 'A 33 "4 39% 39 2,800 39% 39% 39% 387* 39 % 38% 38% 38% 387 a 10,600 26% 25% 26 74 99 99 19% 19% 26% 2774 997% 99% 10 1974 20 26% *99 26% 100 20% 20% 26 % *99 100 19% LOW STOCK 20 AND HIGH SALE Tuesday Wednesday Jan.39 Jan. 31 Feb. I $ per share . $ per share $ per share 257% 100 19% 19% 25'% 257 b 2,600 99 99 19% 19% 1,700 50 PRICES Monday Jan. 2K Par 25% *99 Saturday EXCHANGE $ per share 600 3974 100 ! —_s:; 173 78% 79 32 1 com series A YORK 6% 4 22 STOCKS ~ $ per share 4174 1774 Corp_(Md) Co_ Range for Previous Lowest 31 94% 40% 62 % common—, preferred Lukens 30 94'% 41 ' I'/c preferred--——100 Louisville Gas tfeFlec Co (Ky) No par Louisville & Nashville— .50 5 18% Jan Mar 3 31 95 40% 59% 29% *94 24% - , 36% 40% 95% 401« .95 40% ——No par —— Cement. (P) 30% 95 40% 23 —No par —No par ; Inc—— Lorillard 297% 94% 40% % 23 _ Co Star 29% 95% 40 —No par Co—- Long Bell Lumber , 19 Dec Jan 2574 Jan 15 v3 Loew's 9 32 Jun 95 Jan 6 Jan 24'A Jan 6 27 171 9 1874 Jan 80 41% 3174 May 2074 227% Jan Dec 26 74 Jan 3 25'% Jan Dec Jan 153 13 29% 95% 80 62 Belt 13 500 22% Oil Jan 50 17 7174 *10% Lion 1674 Jan 70% 10% Link 2374 Jan *16% 40!4 *41% Liquid Carbonic Corp, com—_No par 3 7%%- convertible preferred—LlOO Lockheed Aircraft Corp_ • 1 75 16% 7074 62 7- Dec 16% *70 23 9 Dec 70 % *70 10% 3174 Jan 1874 Aug 16% 70% 111% 61% 217% Jan 76 16% 70 % *110 22% 3 25'/a 16% 70% 110 11 13 Jun *16% *108% 23 26 Jan 16 % 70% 16% 110 2,000 62 17'A Jan Feb *108% 12,100 6174 2974 Jan 1474 2674 2274 62% Jan 16 74 26% 109% *10% Oct XGO 26% 108% 95% par . , 108% 5 - Dec 31 108 % 19,90G No par 3374 Jan 4,300 2574 60% 1 — 1774 79 17 % 267% *47 par Jun 13 17',4 26% 1 _ Jun Jan 17% 26'% 29 % 1st preferred—No par Jun 73 17% 25 % .. 19 Jan 17% 25% 674 _ 13% 78 17% 25% 4 5 Lily 11 17% 25 7% 70% 1 . Tire—— 657% 6674 Jan 17% 46% 29% • Liggett & Myers-. Tobacco com—-_25 1% preferred 100 * 54% 46 % *607% Libby——7 Corp_—_T—j—5 , 54 % 4674 *94% . , Libby McNeill -& Life' Savers 25 . 54% 46% 40% 100 __„5o Libbey Owens Ford Glass—No 6 8'A Jan Jan X67 874 Jan 31 Jan Sep 49 Jun 52 7% 36 74 Jan 83 Oct 186 Jun X674 3 54Ve 4674 11% „. Lehman Corp (The)— Lehn & Fink Products Lerner Stores Corp 9 4474 54% 46% 29% & Sons Co common—3 non-cum 54 % 4674 *2174 5qc non-cum 2nd pfd—_—_No 11 10 % Jan 774 Jail . & Lehigh Valley 30 30 Dec 874 Mar ' _ __ 67% Jan 55 46% No par - 11 Dec 11% Co Rubber • 54% 177 a ^70VW / 3.85% cumulative preferred'—_100 Lehigh Coal & Navigation Co__—10 Lehigh Portland Cement 25 Lehigh Valley RR .No par 7 2'A Jan 21 4 preferred Shares 55 46% No par common- Lees "( James) 10 574 Jan 3 Jan 5% Jan Lee 31 5074 Jan 3 174 Jan Jan Jun Jan 8% Jan 27 474 Jan Jan Jun 4% 96 Bryant for 177% 16% —10 ... the Week 3 . $ per share 54% 4 J Sales Feb $ per share 46 '/a *167% No par Co Friday <* Feb. share 17% pfd—75 Pesos Mex <Thei Lane-Wells 9, ' Jan Light $ per 467% 109 7% Co—J-.—„._10 6% Co 4%.% 3 44 2374 Jan Gas $ per share 54vB 0108 Va 1 — Thursday Feb. 1 25 Co—No par (The)__—a——.—No par Consolid Lane 9 47% Jan 19 4074 Jan Jan Laclede 3 12'A Jan 25 Jan Jun 2074 Jan Dec Jun 1% 7% Jan 13 267% 674 15 Jan 22% 3374 3% 12 S) $ per share PRICES Wednesday 17"S H) Kroger Co 2174 Jan 457% - S ( (S Oct 47 Jun 907% Kress 5 Jan I SALE 31 543^ —100 common.— preferred Kresge 5 Dec 1174 Jun Jan 4% 6. Jan 22% Jan 167% 61 30 Jan 6 • Jun 37 16- 59'% Jan $5 prior preferred— HIGH Jun 467% par Co common— Koppers Co Inc 8 Jun Jan 9% Dec 62 2nd preferred—' conv Kinney (G R) 2 48% 474 .4'/In 3 Jan No par Kinhberly-Clarke Corp coni—No 5 72% Jan (567) Tuesday Jan.39 $ per share Kern County Land Co 5 Keystone'Steel & Wire Co_J._No par 26 Monday Jan. 2K Kennecott Copper 3 Jan 110 31% Jun.-, 1774 Saturday Par 4 16% 16% CHRONICLE LOW AND STOCK $ per share x35% 43 YORK EXCHANGE Jan Mar 90 % Highest $ per share Dec 25% NEW * Highest $ per share 62 FINANCIAL STOCKS Year 11)49 Lowest 40 & $ per Thursday Friday Sales tor Feb. 'i share Feb. » the Week $ per share $ per share Shares M 9% 31% Jun 14% Oct 9% Apr 42 139 Oct 12% Jan Dec Jan 131 Jun 1574 Jan 27% Jun 3374 Jan 104% Dec 8% July Jun 5 13 M & 18 6'% Jan 17 Mack 3 31'A Feb xl03 Jan 14 1 Jan 32% Jan 5 9'74 Jan 157% Jan 13 10% Jan 3 9 Jan 20 1074 Jan 25 Jan Jan 105 12 177% Jan 9 17 3 Wood M 2 1387% Jan 1974 jun 24 41% Feb 23 20 1074 1374 Jan 3 Jan 127% Jan Jan 95'% 13 387% Jan 136 Mac Andrews Working Co— Trucks Jun 6% 7 525 Feb 11 Jun 6'A Feb 17 74 Jun 6% Jan 1874 16% Mar 19 7a Dec 417% *1367% 138% 137% 137% : 107% Apr 25 " 8 9 Jan 7 Mar.ati 11 Dec 77% Jan 18 19 Jan 9 25 874 Jan 11 Jan 3 26% Feb 3 Marathon 3 9 74 Feb 3 Marine St Oct 18% Jan 4 5 Market 237% Jan 25 26% Jan 9 Marshall Field Dec 102% Jan 3 103% Jan 10 Apr 9% Jan 13 117% Jan 6 24 774 Jun 12 Jan 474% Ry 1 Glenn 10'4 Feb 1374 Jan 117% Jan 137% Jan 11 39'% Jun 59 Dec 56 Jan 13 63'% Feb 3 Jun 19 7% Jan 15 Jan 13 16% Jan 9 Master 48 Dec 47% Jan 13 54 1 Mathieson 34% July Feb 170 Feb 179 Aug 38 Jun 49 Dec 89 Jan 98 74 Dec 9874 Jan 1-8 100 Jan 12 89' Jan 98 Dec 97'A Jan 4 100 Jan 30 80 Feb 774 Jun 30 May 110 88 175 Feb 3 178 Jan 18 46 74 Jan 30 49 Feb 3 Jan 10 89 % Jan 21 $3.40 11% Jan 3 13% Feb 3 Maytag 42'A Jail 13 45 112 Sep 111 Jan 3 25 Jan 22 Feb 2 Jan Jun 36% Dec 100 Dec 45 74 Dec 33% Jan Jan Jan 24% Jan 5 $3 20 $6 11 26 35 7% Jan Jan 5 10374 Jan 437% Jan 27 48 Jan 17 101 11 18 24 Feb 34 Apr 30% Jan 14 3274 Jan 3 41'% Jan 60% Nov 53% Jan 25 58 3 3074 Jan Jan 41% Dec 92% May 19% Feb 102% Dec 99'% Jan 25 101 Jan 17 Dec 2374 Jan 23 26 7% Jan 9 137% Jan 3 16 Jan 9 xl3 Jun 12'% July 70 % May 25 17'% Mar Jan 17% 387% Jan 1474 Jan 13 41% Feb 3 3 17% Jan 14 Nov 82 5 91 Jan 24 2874 Jun 34 74 Oct 3274 Jan 6 36'% Jan 12 20'% Jan 27 Dec 25'% Jan 13 27% Jan 9 7% Jun 137% Jan 11 3 127% Jan 12 93% 34% Jun 49 12% Jun 1574 July 874 Jan 7% Mar 27 Apr 90 Jan 105% May July 30% Jun Jan 4374 Dec 99 Dec 130% Dec 23% Jan 40 42 Jan Jan Jan 13 44 Jan 12 14% Jan 16 15 Jan 11 774 Jan 3 7% Jan 3 39 74 Jan 13 43% Feb 3 9674 Jan 30 Jan 18 129% Feb 3 120 Jan x207% Jan Jun 18% Jun 124'% July 1074 Aug 48 Oct 18% Dec 34 Dec 139% Mar Jan 1274 Jan 3 397% Jan 25 177% Jan 3 2874 Jan 13 131 Jan 1174 Jan O 3 7% Jun 12 Jan 1074 Jan ,43% Feb 6374 Nov 61 Jan 4 87 13 14 7% Jan 11 43 210 9,900 *103'/a 10374 980 10% 11% 13 % *117% 12 117% 11% 12 12 *59% 12 74 1274 5974 12 3/8 59% 60 127% 61 1,600 62 7 4 62 62 74 62% 63 6274 63% 3,400 15 15% 15 15 1,500 54 12.800 —-1 15'% 15% No par Corp 50% 5074 ul00 *175 5 46% *99 178 *15 50'A *175 1074 15 157% 15% 52 7% 53 54 53 54 *175 178 177 177 178 100 99 % 100 *88 467% 90 177 177 48% 99 467% 100 9974 *88 997% 90 12% 1274 127s 12 34 127% 12% *4274 43 7% *43 'A 43% 43 % 43 7% common—_1 3474 *102 1 No 43% 112 23 3474 103 'A 44 112 227% 347% 103 43% 112 227% 3474 *111 112 22% 347% 103 74 *102 4474 43 22% 34% 103 90 13 227b 34.7% 103 44 44 44 112 *43% *111 *111 112 22 3 4 34'4 103 22 227% 347% 35 103 103 99 *88 13'A *43% *111 22 3474 102 4,500 190 99 7% 500 90 137% 7,700 45 300 112 20 22% 3,100 34% 1,900 102 340 47'A 3,300 31'% 317% 31'A 31'4 317% 31'A 800 55% 2,400 41% 4,800 317% 31% *31 3134 5774 57 57 74 41 40 40 99 7% 127% 30 49 9974 46 74 55% *99 99 *88 48 *98% 47 31'A 40 7% 1374 477% 100 46'A 557% 1007% 99' % 90 1274 4674 *99 175 46% 31'A *98% 997% *08 100 9,700 7% 557% *40'% 47'% *99' 537a 175 1074 45 par No par _ 47 107% 45'% 5 _ 10 3% 10% 15 9974 90 107% 517% 99%- 997% 10% 5174 46% *88 107% 157% 46% *99 74 No par „ 7% 41 56 57 55 40% 407% 40 74 100% 100'/4 *99 7% 24 7% 24% 24'% 247% 147% *14% 14% *14 7% 17'A xl6'% 167% *16% 90 *88 100 7% 99 7% 100 7% 24 7% 247% 147% 14% • 55% 407% 102 55 »/s 40% *99% 102 100 247% *247% 25 1,000 147% 14 3/8 1 *24 24% 10 *14 147% No par 17 17'A (1st series)—100 *89 91 *89 91 *89 90 *88 90 *88 90 *35 36'% *34'A 36 *347% 36% *347% 36 34'A 34'4 *34 35% 200 25% 25 7% 257% 25% 257% 4,000 1174 12 .. (1st series) —50 ... 17 7 8 1774 17% 16% 500 1674 2,700 _ 25% 25%' 2578 2574 25 74 257% 11% 117% 117% 12 117% 11% 12 4374 4374 14.74 *42 44 12% 43 43 42% 42% 15 15 42% 160 147% 14% 14'% 14 7% 147% 1474 *14 7a 147% 1.500 8 7 7% 77% 77a 77% 77% 77% 7% 7% 700 43% 6,100 1474 - .50c common-— Co *77% *417a 24'A par 5 3 417% 9674 126 247% *7% 417% 417% 9374 9074 124'A .124% 23 % 257% 42 • 4274 *95 97 12574 24 12574 25 *42 427% *95 126'% 25% 42% 427% 43 43 *95 97 *95 128 129 25% 3874 3874 387% 387% 38% 3o 7% 39 104a/4 105 'A *104'A 105% *104% 10574 *104% 105 *108'% 110 *108'% 110 *108 7% 110 *108% 110 5 — —J. common-- 24 'A 10,300 1,700 38 7% 387% 387a 104 74 1047% 1047% 110 1087% 108% 50 1.800 137% 14 1374 14% 137% 14 14 14 137% 40% 4074 4074 407% 41 41% 4174 407% 4174 4174 417% 140 14'A 187% , 100 590 241/4 *407% par ^5 387% 104 *108% 25% 97 129',% 13% 3074 „:_100 .. 25 5,300 129% 13% . .-10 Utilities Inc—-No 42'A 12% 97 pfd-100 387% 117% *42 257% 127 100 3.90'/" Petroleum 1674 147% 1 _ 1st preferred--..50 Prod 24% *14 1 _ common preferred *133% 1874 3074 135 187% 307% 135 18 7% 31 135 187% 30% *135 187% 31 136 183A. 307% 135 187a 31 135'% 1874 3074 135 19 31'A 136 18% 31'A *136 19 31'A . 3,000 27,400 2,600 137% 90 13% 13% 1374 13'A No par 13% 13% 13% 11'% 11% 2,700 11'A 117% 11 11% 11 11% 11% 11% 11'% 11% common—3 2,000 72% Feb 3 108 74 Jan 5 A 1574 Jan 9 St P &: SS Marie Minn-Honeywell Regul: / 66'% 6674 —_100 *997% 100'% 99'% 99% 9974 Mfg common—_No par preferred No par 99% 99'% 997% 99% 9974 100 997% *106'A 107 *106% 3.2074 Minn $4 conv Min pfd series* A & __ Mlnneapolis-Moline 67'% Jun 80 Feb 76 Feb 1 81 Jan 6 $5.50 1st 16 7A Jun 22 74 Nov 19 Jan 4 22 7% Jan 10 $1.50 2nd 103 3 4 Minn 3 20. *103 No par 10 12 10 page 103 2674 11% Jan Feb see 103 10.000 19 74 26% 1374 Jan footnotes 103'% 9'A 9 *19 13% 102 For 9% 137% 101 O 9 13% 11 1374 Jan 7% 13'% 10 Jan 9 No par Jan 1474 9 7,100 4,900 Minneap & St Louis Ry 987% Jan Jun 9 200 87% 267% 17 99 10% *19 19'A 8 26 7% 14% Jan Dec 2 87% 26% No par — preferred —100 Edison Steel *18 74 87% 74 103% preferred series South 19'A 8 26 10'% *95 8 '/o '1st *18'A 8 26'% 103 7% 10'% *124 Mid-Continent 18'% 8 26 *103 74 preferred Machine 100 103'% Co Inc 2nd 1,900 9'A *103 1 Co _ 8% *874 100 ... Co Inc —3% Transp Co_—No-pai- Copper 97% 18'% 8'% 26% 40 8'% 9'A 19 No par Miami 8% 18'% 77% 26 551 8 34 26 No par 4,3574 26'4 *530 87% *87% 19 Corp Corp. Metropolitan 9'% *18% 874 8 26'4 540 1,600 3,500 84.000 % 25'A $4 Midland Nov 10 6 74 Feb Co 187% 540 8% 9 19 Stores conv 18% 540 834 *8% 25'4 $3.50 preferred 25 101 Dec Mei-ck & 9 i 19 Robbins Inc com'—18 Min 540 8r,% 9 24% 23 convertible & 555 87% 9'A 19 *111 (The) Mercantile *550 874 25 No par preferred Co 555 *87% *9 19 —• 2nd preferred 317% Jan 101 108 & *540 8 25% *9 No par Melville Shoe Men gel i 24% McQuay Norris Mfg Co.— Mead Corp common 474% 560 774 25% preference—_No par Stores McKesscn Middle Jun Jan *540 ——^—-No par $4 preferred McLellan-Stores 12 Mar 66% 104 17 19% Publishing Mclntyie Porcupine Mines 19'A Jan 2 167a 24% McGraw-Hill 9 Feb 167% common—— convertible Jan 136 15% 24 7% Mesta 9 13 15% 19'A 9 20 1087% Feb Jan 15 74 24% pfd Jan 109'A Jan 103% Jan Feb 1474 16'/B 1 40 105% Jan Dec 110% Jun 157% 5 Merritt-Chapman & Scott—_No 3 104'% Oct 16'A 157% 6.25 Corp 7%% 5'.'0 10 14% 16'A 18 7% common cum McCrory Merch 10 16 74 pfd 1947 series—No par pfd— No par McGraw Electric 4.4 97% 16'A *18% 1 13 Jan 1st McCall 3 97% 167% 974 24 _ preferred *104 10 cumulative Co 10574 105 7% 10 167% 5 2574 Feb 26 8% 14'A 25 98 38'A Jan 97'% Jun 17 Dec 10574 3774 cum 87 Dec 113 90 $3.75 Dec Dec *1047% *104 16% 8% 974 preferred 12% Jan 29% $3.75 105'% 105'% 974 *19 1 Stores 4,100 16 87i Co— preferred 11,600 3174 974 Co Chemical Dept 45 19% Mar 30% Mar T.'o May 137% 317% 100 Martin-Parry Corp-.. Corp__ Electric 13 16'A *874 Masonite 11% _ L) 13'A 31% com—..No par Co preferred Martin prior 1274 31% 1674 1 ^ 6'A 137% 317% *97% Corp— & 12% 31% 15 — _ 1378 317% 16'A Oil Exploration— Corp 50 13'/4 3174 *104 15 74 .a—:—-. Midland 19 9% 32% 105% 500 600 16'4 —No par Dec 104 *974 50 - Co 18% Apr Jan 3174 *104 13 41 % 138% 1 .. Manhattan Shirt Maraeaibo 32 105% 13 *41 *1367% —10 : Mandel Bros 87% Jan 25 Dec % Jan 32 *104 Square Garden——-No par 974 Jan - 13'A __ 24% 957% 18 5 . 9 18 12% 417% 1367% 137% Inc Sugar *127% 41'A 1367% 25 4 12% 41% 1367% 77% Jan Jan 12% 4174 *136 74 Jan 9 13 41% 1367% 550 Dec *127% 407% 1367% 1 540 9% Aug Mar 15% Dec 13 40'% 1367% __ 430 13 40'% *136 Macy (R H) Co Inc com—No par 4 74 % preferred series A 100 Madison 137% *40 -.100 Feb Feb *12% common—10 : Magma Copper Magnavox Co (The) Mahoning Coal RR Co ' _5 Forbes & preferred Co preferred conv .. .. common 1' preferred- -_I *10674 107 66 74 *106 74 67'A 107 68 7% 70 9974 69% 100 693/4 100 99 7%, 107 66'4 100% 99 74 106% 71'A 71'A 72% 3,100 100 7% 102 102 130 100 100 100 2,500 1067% *106'% 106'% 10 14 14 137% 14% 14 7% 14% 13% 14 7% 1374 14% 13% 14 100 77% 7874 78 787% 79 79 76 78'% 76'% 78 7% 77 77% 390 _25 2074 21'% 21% 207% 20% 21% 217% 207% 2074 20% 20% 700 *2034 9,400 15 (568) COMMERCIAL THE Range for Previous Lowest $ per share 38 % Jun 54 % 774 Jun 1034 $ per share 1 Jan Oct 3 V* Jun 6 4634 Jan 9% Jan $ per share 25 3 9 Mission Jun 3% 10 % Feb 1 Mission Development Co— Jan 4'4 Jan 3 Jan 12 211/4 Jan 3 27% Jan 27 434 Jan 6 534 Jan 10 Jan 9 Aug 25 Jun 9 5% Jun Aug 35 Jan 32 Dec 12% Jan 11% Jan 6 27 35 13 Mo-Kan-Texas RR Mohawk Mills Carpet Hosiery Co Mojud 5% 5% 2G% Nov 57% Dec % Jan 13 6034 Feb 3 Monsanto Dec 110% Jan 13 118% Feb 3 Jun 113 Dec 112% Jan 4 115 % Jan 28 10374 10 Jan 4734 Dec 14% Jun 3 1334 Feb 9 12% Jan Tool * 54 % Jan 3 Feb 3 1034 Jan lb V# Dec 13"/# Jan 13 14% Jan 21 23 Jan 18 Jan 11 20 % Jan 18 Morrell 14 Jun 2634 Dec 23 % Jan 3 35% Feb 2 59 (John) Motorola Inc 13 1/4 10 Murphy 15 Jan 13 16% Jan 9 Oct 3634 Jan 13 38 % Jan 10 41 51 Jan 43 Jan 13 45% Jan 18 Myers Jun 17% Dec 1634 Jan 13 18% Jan 12 Nash-Kelvinator 22 Jun 32% Dec 32 Jan 3 38 Jan 31 1734 Jun 2434 Dec 23 Jan 13 2534 Feb 3 preferred (F E) 114% 13% 1334 300 13 13% 1334 1334 2.400 58% 59 13% 13% 13% 56 % 5634 57 74 500 21,700 57 5874 14%> 1434 1434 14% 14% 143a 1434 14% 1434 14% 20 20 20 20 V* 20 20 19% 1934 *19% 20 900 32 333A 33% 3434 3334 3434 33% 3434 33 34 35 34 33 34 35 44,300 29 2974 x28 % 2874 28% 23% 28% 28% 23% 56 55% 551/4 55% 14V4 2.400 23 74 2374 *23% 2374 23% 23% 16 16 1534 15% 15% 16 1334 13 1374 13 1334 13% 14 34 *10 10% 934 9% 934 1.200 51 5134 2,100 111 11134 170 1574 6,600 974 10 934 50% 50% 50% 50% 50% 5034 5034 *11174 112% *11174 11274 *11174 11274 51 50% 111'/a *11174 1534 8,000 16 5034 15% 14% 13 1534 1534 112% 1534 1574 15% 37 *36% 37 *3634 3634 _No par *44% 46% *44 47 *44 47 17% 17% 15% 36% *36% 37 *36% 46% *44% 46% *45 1,300. 1,700 11,100 37 *44% 15% *36% 1534 3634 1534 10 ^__50 Bros 10,900 20 55% *19% 111% com__ - & 6034 118% *113% 1 common Murray Corp of America Dec 59% 118% 115 100 C) 39 July *13% 5 Inc preferred 1534 4% 115 10 30'4 Mar Jun 115% 10 (G Co 4%% 60 123 115 118 118 10 Munsingwear 3 59 *118 74 59% 118 *115% 10 10% Jan 59 120 117% 2374 934 Feb % 59 58% *115% *15% 12 23 1,500 13'/a 2 Jan 26 15% Mfg 51% Feb 26 23% Mullins 112 26 74 13 3 3 26 34 15% 13 12 " 23 12'4 Jan 34 Jan 26 13% Jan 49 26 13 % 143* 110% Jan 1,200 26 1 Jun Jan 1134 Corp x9% Dec 1134 28% Corp Brass 500 11% 1534 Mueller Motor Wheel 3334 *33 11% 23 7 434 33 1174 *116 13% 25% 4% S3 11 % 118 118 26 434 74 2534 2574 59 58% 434 32 *32 34 11% 15% 18 17% Jan 14% Feb 11 2,600 4% 4% 11% 28% 7 23% Jan 50 74 23,800 434 *22% 30 % Jan 3 1121/2 Mar 26% 1 3 3 15% Jan Feb 25 74 _5 2634 Jan 2174 Jan Jan Oct 2574 25 26 33 No par Dec Dec 17% Dec 5,000 Co 27 74 23 74 9 5,700 5% Corp Jun Jun Jun 38'4 10% 534 29% 1134 108'4 10% 5% 29 Products Motor 25% 25% 58'A 115% 3 , 15% 16'4 10% 5% 434 11% 115'/a __No par Co & 11% 118 Montgomery Ward & Co——No par Moore-McCormick Lines 5 Jun 111/2 114 conv 16'4 53 34 Mar 1034 5% 2534 32 57% 5 com 32 *25'/* No par Co 10% 534 74 *32 32 11'/a pfd series A No par $4 conv pfd series B—_—No par Montana-Dakota Utilities Co 5 Chemical 1074 5% 434 32 1.25 Inc Machine 10% 5% 26 '/a 4% 114% $3.25 2,200 10 74 5% 2534 Jun Monarch 48'/* 1074 4-% Jan 10 4734 10 26% Jan 26% Jan 4734 10 4% 4534 13 47% 46 51/2 Shares 47 47 2614 the Week $ per share 46% 47 100 $ales for Feb. H Feb. 2 $ per share' 47 47 10 con 21% 24% Jan $ per share No par Missouri Pacific RR 5% 10134 54 $ per share pfd_100 „_„,.^._.-20 com preferred series A T/o 9 Jan 12 Feb. 1 $ per share Friday Thursday Wednesday 1 Jan. HI 47 10 5 Corp 25% Mar 1534 PRICES SALE Tuesday Jan. HO $ per share Par ■; « Jan 49 HIGH Monday Jan. 28 EXCHANGE Highest AND Saturday STOCK YORK NEW Range Since Jan. 1 Highest $ per share LOW STOCKS Year 1949 Lowest 1950 Monday, February 6, CHRONICLE FINANCIAL & 47 100 N 10'4 5 Jan 1734 1734 1774 1734 1774 18 17% 18 34 17,900 36% 36% 367 a 3734 3634 33 36 36 34 3534 3634 37 37 1 24% 247 2 24% 2434 2434 25 74 2474 247a 25 25% 25 2534 3,000 8% *73 4 8 V* 3,800 5 Louis St Co Acme Apr 734 Jan 3 14 National Airlines:— 9% Jun 18 Dec 1634 Jan 13 18 Jan 4 National Automotive 1034 Jun 1334 Dec 12 13 14'/* Jan 7 National 41'% Jan 11 National Battery 3974 Jan 17 National Jan 9 9% Jan 28 Jun 41 Aug 30% Jan 40% Dec 170% Mar 185% Sep 182 Feb 734 Mar 7 Jan Jun 434 30% Jun 38 Jan 26 3734 Jan . 834 Jan 13 3 186 3 38 y« Jan 11 National 934 Jan 10 National City Lines 8% Jan 28 National Container 3 12 V* Jan 17 National Cylinder 42 Feb 2 National Jan 5 National Department 2434 Jan 7 National Distillers 11 Va Jan 13 Jun 12 Jan 1034 Jan 27% Feb 3.934 Dec Jan 27 13% Feb 1734 Aug 16y# Jan 13 17% Jun 22% Dec 22 Jan 13 7 V« Jun 14 74 Feb 9 % Jan 27 xia% Jun 19 '4 Dec 86% May 2534 Apr 95% Dec 38% Dec 183 Dec 5% Mar x34 734 19'4 •11 1934 Jan 7 11- 96»4 Jan 20 10 3834 Jan 31 3 183 % Jan 11 T/o 2 6% Jan U 153 4 734 Jan 6 National Jan 25 20'/* Jan 5 Natl 34 Jan 3 Jan 4 Natl 734 Jan 18 3534 35 9% 9 74 934 9 74 10,000 834 8% 834 874 834 8% 834 8% 8% 27,300 1134 1174 11% 1134 1134 113# 1134 11% 1,800 38% 38% 3834 39 3934 39% 407'2 40% 42 41 4174 24,200 __5 16% 16% 1634 •16% 16% 1674 *1674 1634 16% 16% 1674 1674 2,000 22% 22% 22% 23 23 74 22% 2334 2234 2334 2274 23 V* .__No par 12.5o *9H4 10 '/a 9% 18% *9674 10 __100 3 National Shares Corp^ 5 National 21% Feb 2 28 1734 Jan 11 19 8234 Feb 2 Jan 38% Dec 3674 Jan 13 38'/* Jan 11 9% Jun •12 % Apr 1174 Jan 934 Jun 1334 Nov 10 3*. Jan 28 5 1274 Jan 11 13 11% Jan 6 National Sugar 74'/» $ per share 1074 Jan 4 -1174 Jan 17 1234 Jun 14% 1434 Jan 13 16 74 Feb 3 i 93% Dec Jan 104% Dec Mar 3974 Nov 103 Feb 1 37% Jan 17 Jan 102% Oct .100% Jan 7x11% Dec 1074 Jan 3 Mar 1023* Dec •*..«. 42 Jun 67*4 Dec 6234 Jan 26 Feb 1434 Dec 12'4 Jan 13 8% 9 74 ' « Apr 7234 Jan 6634 Jan 2 334'0 New 35 Apr 26% Jan Jan ~5 14 y# Jan • 5 3 y2 Jan 20 Jan 2774 Jan 4 10 New Jan 11 *4 Jan 3 13% Jan 11 98 Jan 3 109% Jan 20 N Dec 137 Jan 30 145 Jan 10 2974 Jan 10 Jun 14'/*. Jan 13 V# Jan 4 16% Jan 12 2074 Jun 30 34 Jan 4 34'% Jan 6 63 74 Jan 48 Feb 61 Dec 56 Jan 26 205 Dec 250 Mar 23° Jan 10 574 Jun 934 Jan N Y 3 33% Jan 3 0 7* J ail 4 3374 Jan 11 Feb 1974 Apr 17% Jan 3 1874 Jan 9 483v Sep 5334 Dec 86 9672 Nov : -- — Jan 3 57 Jan 20 Jan 9 99'/* Feb 3 213# Jan 23 23 y# Feb 3 29 Jan Brake.. preferred Harlem & — ^ — — Hart Elec A: 267/# Jan 23 12 87 '/* Feb 3 3.40'.«> 94% Jan 23 3.60% RR Jan 100 9 3.90% Jun 30 Dec 28 Jan 13 29% Jan 18 Nopco Sep 5974 Jan 4834 Jan 3 51% Feb 3 Mar 28'4 Jan 26% Jan 6 27 Jan 3 20% July 1834 Jan 16 1174 Feb 3 Chemical Norfolk North American 1074 1074 1074 11 2,300 Rv 10% Jan Northerrt Pacific 1374 13 13 34 67 29 *67 287 4 28% 28% 64 (.4 - 12% 13% 1234 12% *6774 68% 2834 2834 28% 28% 3.700 29 28% 29 29 29 74 2.100 28% 2834 2834 2834 12% 13 8 8 *29% 33% 33% 61 *57 % 00% *57 3* 230 *210 230 *210 13&- *29% *57 74 *210 8% 3334 834 3174 31% 32 '/* 5,800 1774 1774 18% 2,200 5634 56% 5634 99 99 99% 170 23 23 34 115,800 283* 2874 20,400 31% 32% 31% 32% 31% 18% 18 18 177# 177# 1774 5534 55% 567* 56 99 98% 2274 223* 8 23 287# 28 34; 2834 55% *55 74 *98 98 98 22% 22 74 22% 22 34 27% 27% 29 28% 2734 2734 8634 *8674 8634 363* 8674 9434 943* 9434 94 9434 ■ 87 *93% *86% 87% 877'* 87 34 *9334 94% 933* 94 *99 9934 993* 99% 29 2934 4 000 9 74 2,600 99% *983* 9934 9934 99% 99*4 997* 281% 273a 2834 2734 28% 28%- 29 29 V* 29 9% 974 934 934 9% 97# 9% 9 74 283* 2934 28% 28% 28% 934 2874 28 51 51% 2734 5034 51 *263* *267* 2774 1934 1934 19% 20% 29 29% 29 50% Dec 10% Jan 3 12 Feb 2 Dec 9274 Feb 2 95'/* Jan 21 $3.00 preferred 109 72 Mar 10774 Jan 18 108 Jan 23 $4.80 preferred.: Oct 11% Jan 13 13 Jan 5 19% Feb Common 5 3 21% Jan 4 3174 Jan 10 3% Jan 13 tNorwalk 1674 Jan 17 Rorwich 51 *2634 20 93* ' 27% 34 1,000 2834 1,000 10,100 5134 513* *263* 2734 100 2034 2034 93,200 33,500 20 V* • 11% 11% 1174 1174 1174 82 81"*- 82 8174 81% 8274 82 34 3874 38% 39 38%. 39% 383* 3934 7,400 1874 3374 Feb 1 37% 3834 38% 18% 18% 1834 1874 18% Inc No par common—10 4.6%. preferred. Tire <& *8174 37% *8174 82- 11% 11% 1134 *93% 94 *108 *9374 . *108 108% 18% 19 74 1834 19 34 1934 193* 43,900 12 53,200 1134 tl 134 11% 25 Pharmacol 19% 20 *29% 29% 2974 2934 *2% 374 *-234 ,1534 15% 1534 33% 33% 2.50 Co. 20% - t 374- 15% 12% 20% 20% 50 No par : Rubber. t *108 108% 12% 1174 9474 94% 9334 *108 11% 1174 11 % 1134 94% 108% 30 11% ■ 1134 *2% 3 % ; 16% 11% 11% 9374 94% 108 H>H% 11% 12% 12 . 93% ' 20% 20 %r 20% 29% 29%; 30 16% *2% 3 16 10'/* 190 - 670 93 % 10874 30 1174 12 29 74 3 1174 >9334 12 Va 8,500 f20% 20% 4,900 30 1,600 *108 108 2074 203. 29% 157# 230 11%" 1174 11% 82 37% '.No par Airlines 1134 11% *81% ..No par ... Northwestern Telegraph . 11% . 10o Ry : Northwest 27 1 .50 _lo Co 500 87 28 *29 3,500 9474 99% *9% 5.900 74 31% 99 60% 230 *210 8%. 8 74 2234 1,700 3,400 1634 33 *38 *57'/* 61 230 8% *9774 v 1634 1634 8% *86 27% 142 55 2234 1.900 10974 140 ... 1774 98 44.900 13" 10334 142 74 o *34% . 1234 1274 108% - 1534- 15'4 15 15 14% 874 31 230 1274 *28 CO *210 8 54%. 70 68*2 60 22 % 13 6874 28 74 225 98 1234 67 % * 28 V# *56 54% 1.500 3,900 127a *67 '4 *220 >0 65 28% 1534 18 21,700 106 64 -. 68 34 33 3134 11% *102 74 64 68 *15 18 100 2234 *28 *31 1134 10474 29 15% ' 20 1,000 68 33% *577* 800 1674 104% 40 40 ■ 1134 106 63% 12% ? •: - *103'/* 103 1134 * 74 *103 States Pwr Co (Minn)— 1174 39% Jan 4 13 1934 3 95% Jan 13% 1974 Gas E'eb 14 6374 19% Ry Co.. Apr Oct 63 74 19% Aviation 3 -14% 63 __10 . Central Jan •V* 63 27 Natural American 17 19'/* Jan 63 39 *102 106 *102 10474 ;03 11% 11 % 11% 16'/. 16 • 3972 104 *103 106 *102 2,700 16 *103 39% U'% 11% Shares 1074 1034 11 1074 10374 106 51% Northern Dec 23% Jan 103 103 103 104 the Week $ per share 16 *13%- *39 *102 5074 Northern 19 74 Oct 1134 11 % Sales far Feb. H 117# 39% 39% 106 27 North Jun jt;n *103 104 5034 1 11% Dec 3934 2674 3 5 13 % 11 10434 *103 Friday $ per share S per share ' 150 - Feb. S Thursday- Wednesdays - Feb; 1 $ per share 3974 50'/* 3 78 74 Jan 35% Jan 20% 10474 *39 *26% 82 y2 Feb Feb 36% • 20,400 PRICES HIGH SALE AND TuesdayJan. HI $ per share 25 2074 Feb 13 ;>>•. Jan. HO 25 com Northern Jan Monday. n? _a_4 Co Dec a 11 ,*2H ... 1 Western A: 85 • 1074 12% Adjustment preferred 39V# Dec 1074 10734 2.50 ... Co Jan Jun 1074 12% 100- Industries 31 174 May 1174 Mar 11 137% 137 74 100 preferred...— Noblitt-Sparks 7574 July 13% 1,600 137 34 100 21% 30 3a 12 '/a 1377* Noma Electric Corp 12 1274 13774 No par 2 Jun 12% 137 50 % a 12 7 1174 3 38 ____100 A 10 74 Jan Sep 12 1174 *137 Co. 100 preferred Class 29 74 Feb 107% 12% 11% 107% 100 preferred 12 31 4 8% 1,800 12 12 3 8 25 3 84 38 107% Corp com.No par 19 11',2 38 *103 12% No par . Niagara Mhk Pwr 9 74 Jan Jun 3734 Gas Corp— preferred 98 V* Jan 2534 Jan 87# 3734 109 State Jan •• 8234 373* 108% Y $3.75 Dec Jan 16% 82 37% 109% Common 14 1574 16 82% 38 34 108 ...No par 5% -series A 273# ; 26 1674 82% 373* 07 Shipbldg Corp partic stock...1 Jun 47% 16 82 3734 108 Y 6% 16% May 16 82 103 Co__.__. RR Haven <fc New 93% Jan M ___ 157a 8134 100 common 86 7* J all • - 16 34 IO41/2 *28.% 20(1 2734 28% ; 600 5,600 28 15% 28 100 com series A Dock 2834 15,400 ' 91% 90 *2734 15.-4 No par Co City Omnibus Corp York 90 28 13 % ..No.par Louis St 8974 28 1534 1 100 ; 24 74 90 1534 *62% 34 •243* 2474 1534 113*} 24% 1,800 18% 34 8974 15% *102 20 400 7% 24-% M 25 1134 *103 1834 183a 2 4 74- 90% 1174 -f- 100 lo : Central & Preferred N N 53 95 Air York Y N Jun 1 4%,pfd 7% 34 *27% 70 152 18% IA 11% $5 non-eum preferred——No par N 3 153* • Y 10 21 Jan System lt> Va 3« 11% *383/2 100 Elec lb '/* 34 89 7,800 182'/* *150% 7 % 7% lo-.. a 11% *103 734 4 *24% 90 *181 ' 34 lo 11% ^No par com. preferred- Chic New -Tan 232 8 '/2 Feb 7 7# Jan Y 6',o 18 Dec J) Mining Corp York New Dec 734 182 lo2 34 181 *lol 7% 734 *15% 100 preferred. 4'/*.% 1374 142 (J England 15274 6134 1074 11 $ per share ■- Newport News Ship <k Dry Dock—1 33'4 Jun common Newport Industries common 1027* Jun Co Mewmont 9 29 % Jan 68 No par 1 preferred Newberry 23 67 13 Jun 11774 Jan 1134 Feb 103 Inc New Jersey Pr & Lt Co 65 56 9 Bros 434% 27 Jan — 23% 2474 Jun 974 Jun 103% Jan 40 4 Jan 94 • Corp Neisner 182 *151 27% Jan.28 Par Nehi *18034 153 18,000 1674 7x117% 121% /Saturday • $ per share $ per share 13% Mar 181 15134 LOW STOCK YORK 38% 8174 3774 37% 11 No par 97% 37% 38% 16 -81 *12% 1 Co. *96% 97% 37% ' *81 *27% 16% 37 EXCHANGE Highest Jan 29 Fibre Co NEW Range Since Jan. J -Lowest Highest 974 10174 81 8834 28 15% 10 100 24 88% a *27% No par Pa com 10 Vulcanized Natomas 88 3 STOCKS Year 1919 $ per share Co.. (The) National Tea Co Natl *9674 * -24 24 *23% 25 preferred Range for Previous Lowest Ref *7% No par Corp___ National Supply 4 9774 3834 97% 20,700 '2.200 9% 19% - 153 Corp_i_—1 934 19 y. a 3834 181 15274 19 3 *9674 ik 34 Feb 18 181 154 1874 3834 *96% ' 734 24 1574 Jan 182% ■T52 % . 934 *9% 181 38 -181 ' •3874 9774 3734 38 18 3a 93 y* Jan 7934 Jan 97% 373-4 934 19 1934 19 1934 934 934 9% 934 19 34 13 26 74 Jan *96% ,___l 2374 *774 13 Dec 18% 18% par ° 18% Jan Jan 39% 9 Va 974 974 9% 9 74 ,_No par U 88 ■ 1174 7% 23'4 Jan 19% May 11 18% Dec 86 11% *11 % Nov Dec 6.800 374 18% Steel 3,900 34% 974 35 ex-dist—__No par Service Lt & 34% 190 . 734 3434 3434 3474 35 12,600 182 7% 7%. 774 3934 39 182 9% 100 95% Dec 3534 734 7 74 2,800 200 8% 35% & Steel Cast__No par Linen Malleable Power 7% 734 *38 39% 184 *183% 6.000 13% 3% ; 26 283* 734 common Jun Feb 734 No Jan 15% 734 184 18374 38 38 3834 3934 3874 3934 184 17% 38% - 9i/4 Gypsum Co com 73% 21% 3834 *183 34 Stores. 19% x80 3874 3874 *38 38 38 38% *3734 3834 183'/a __1 Prod ^ead Co 13% 3874 Co preferred B Jan 1734 13 V* 35'% $4.5o preferred National 173* 13 18374 preferred A Jan 180 34 Jan X150 Dec Jun National 13 Jan 1734 13 38 Inc__— Enameling & Stamping 35 1734 13 184 Co Gas 9434 Jan Dec Jun 14 Nat'l 1734 1334 1 Register-^ 1734 Jan •• Sep 152% 3o 17% 1274 No par Dairy Products 18 9% 17% 870 1. 2 Cash 8 74 1274 38 7% 7% 17% 184 _10 3 8 Jan * 10 Corp 8'/a 1234 8 17 12'34 *37 V4 4 774 8 8 74 _100 common — 4 Aug Jan Can . 1734 1774 7% 17 12% l __._w Co '/# Jan 874 974 Jan National Inc 5 Co Biscuit preferred 7% 1 Fibres Corp 73# Jan Nov Jun Jun 169% Aviation 34% Feb 36% 5% 135 T/o 6 Jan 8 5 x 17% loo Corp Chatt <fc Nashville National 297# 3 2% 2% 200 16 xl5% 157# 2,200 32,100 O 27*4 Jan 33 May 313# Jan 13 99% Jan 110 Dec 108 7-e Jan 23 2374 May 3">% .*«n Jan 19% 2"% Dec 17% 20 Jun Nov 99 25 19 74 Feb 3 . 1 2874 Jan 5 Ohio Jan 9 Oklahoma 20 Jan - 25 Jan 25 27% Jan 10 92 Jan 31 95% Jan 4.40% 3 Feb 1074 Dec 10 74 Jan 3 12% Feb 3 79 % July 96% Dec 95 Jan 3 97% Jan Corp 4%ft Jan 20% Jan 20 20% Jan 9 Oppenheim 4074 Dec 373# Jr>n 26 41 7 Otis 105 Nov 11% 64 7 Jun a July 4974 Jan For Jan 1674 Dec 14% Jan 16 16* 79 Jan 7474 Jan 4 82 64 34 Dec 63% Jan 13 Dec 1C8 footnotes se? pfge 108 20. 2 Jan 9 Jan 14 66 V2 Jan 7 - ? $4 Elec 4% ' (The) 33% 33% 3334 33.74 33% 3374 110% 110% 109% ■1<»% 1093* 109% '600 2734 27% 27% 27% 28 74 27% 28 74 ■ 18,200 *19% 20 19% 1934 19% 19% *19% 20 19 74 193* 800 X2534 253* 5,900 2534 2534 2574 26 253* 26 25'4 26 25% 26 *92% 9234 9234 9234 92 92% 92 74 9274 9274 92% common —5 11 11 11 11 10% 11 11 100 9634 96% 96% 9634 96 9634 96% 9G% 10 *20% preferred A • 923* 93 11% •;iil* - 1274 12 12% 9634 9634 97 97. ' - 440 17,600 310 2074 *20% 2074 *20% 2074 *20 "4 21% *20 % 21% 2074 20 74 300 No par 38 38 74 3834 3934 39 34 3934 3874 39% 38% 3934 39 393* 9,800 62.50 — *108 10834 *108 1087# 10834 10834 *108 108% 30 100 108% >108 103% *108 & Outlet Glass *15 1534 *15 1534 *15 15% Xl4% 14% *1474 1574 *1434 15% No par Marine Co | Owens-Illinois 33% 109% 27% 3334 100 common. preferred Outboard 20 1934 33% 10834 28 109 2714 ..No par Collins' Elevator pfd 2734 *1934 . 109 277* 3374 *108% .108% preferred common Corp 22 74 108% Feb Ac convertible Jun 8 100 convertible Omnibus 8% ... No par Gas 1874 Aug 6 common...., Co 28 Jan Co preferred Oil Oliver 10 674 Edison 110 V* Feb Jan 313# 91 * '*1 Ohio *7734 7934 *7734 7934 *78 80 *77% 79 3 * *77% 79% *77% 80 Co—.12.50 6434 6434 6434 65 64% 6434 643* 65 Mfg 2.50 65 64% 65 64 %■ 5,600 Volume 171 Number 4879 THE COMMERCIAL NEW Range for Previous $ per 11% Mar 7% Range Since Jan. 1 Highest share Lowest $ per share 14 12 Jan YORK Apr 13 Amer Fisheries Coast Co 13% Jan 3 Pacific 3 9% Jan 12 Pacific 10 57% Jan 17 1st preferred 34% Jan 12' 2nd preferred Aug 40 Jan 31% Jan 10 18 Feb 21% Nov 207k Jan 25 22% Feb 2 Pacific Jan 34 32% Feb 1 34% Jan 11 Pacific Gas 52 Feb i 30 Va Jan 3 Jun Sep 54 Jan 27% Jun 89 Feb 104 % 135 Jan 148 2% Jun 3% Dec 101 Jan 55 Jan 33 Jan Pacific Jun 2 148 Va Jan 5 3 3% Jan 7 Oct 44 4% Apr Jan 28 3% Jan Jan 10% 36 3 42 Jan Jan 8% Jan 3 9 Pan Jun 22 Oct 19% Jan 23 21 Jan 9 Pan-American Dec 38% Dec 34 13 39 Jan 18 95% Jun 104% Dec 5% Jun 8% Apr 15% 101 Jun 17% Jan 6 106% Jan 1 Xo% Jan » 11 Oct Dec 18 Feb 1 104% Jan 101 Jan 5 Dec Oct 42 22 % 47% Aug 18V2 Feb Jan 21 1 Jan 102% Feb 4% 20% Jan 4 46% Jan Airways Petrol 11 Pictures Corp Jan 3 16 38% Feb 3 28% Jan 4 30% Jan 23 Parker Jan 7% Jan 3 9% Jan 20 Jan 9 V4 Jan 4 117a Jan 11 3 7 Jan 31 Consolidated Proof Peabody Coal Co 33% 23,200 52% 53% 10,200 32 32% 104% 104% 104% 104% 104 104% 103 103 % 2,700 102% 103 103 10374 146 145 145 145 145 145 1,000 145 144 % 145 145 145 19% Jan 16 Jan 4 177a Feb 3 Jan 377k Dec 347k Jan 12 3674 Jan 16 42% Jan 57 Dec 54 Va Jan 13 7% Jun 107k Feb 872 Jan 3 257k Jan 3 3 lo 24 34 % Jan 7 Penn 6 107% Feb 30 5% Feb 2 Penn 17% Jan 9 26 Va l&Va 137k Jun 35 Jun 23% 106 111 Dec Jun Dec - Mar 227k Nov Dec 17% Jan 107 ! Jan 2174 Jan 27% Feb 6 16% Jan 24 13 32 Jun 457k Nov 42% Jan 11 104 Mar 113% Nov 11072 Jan 4 29 Jan 96% 37% Dec 357k Jan 45 4 Jan 3 1137k Jan 10 36 Jan 11 Feb 137 Dec 127% Jan 17 7Vk May 13 Dec 11% Jan 13 13% Jan 5 12 Apr 8 7k Jan 3 10% Jan 17 25 37% Jan 6 x8 , Nov 21 Mar 35 Dec 102 Jan 108 Dec 9% 34 Jan 135 1057k Jan 24 107 Jan 5 Jan 6 5% Glass Sand Power 8s Peoria & Pet Milk 4%% 30 Petroleum 31 Pfeiffer 57% Dec 51% Jan 25 56 % Jan 3 537k Jan 47% Jan 13 50% Jan 11 58 ' Oct 56 Jan 5 Feb 1 106 Dec 105 J-m 5 106% Feb 3 Jan 3 25% Feb 3 7 25 % Feb 2 20% Jan 24% Nov 24 23 y» Jun 26% May 24% Jan 110% < 59 Pfizer $6 $1 Electric 6 116 Jan 3 4.4% 20 104 Jan 12 2.8% 4 109 Jan 11 4.3% Range for Previous 79% Nov 88% 37% 38% Jan 30 4 90 84% Jan 14% Jan Feb 3 3 Jan 55 93% Jan 105 10% Feb 14 Dec Jan 19 87% Aug 95% Dec 93% Jan 16 94% Jan 4 51% 64 Apr 57% Jan 27 62% Jan 7 11 Mar 7 % 26 Jun Sep Jun % Dec j Decr^ 50% Jan 104 Jan 14 Jan 13 53% Feb 5 106 3 16 9% Jan, 6 Jan 32% Aug 105% Apr 94 Dec 100% 11 Jan 14% Mar 13% Jan Jun 83 86% Jan 10 13 24% Jun 10% Jun Jun Dec 32 Jan 16% Jan 3 103% Jan 9 Jan 12 2 105 __ 28 3 12 33% Feb 3 79 100% 32% Jan Jan Jan 31 Jan 4 15% Jan 15% Jan 91 13 Jan 29% Jan 9 31 12 16% Jan 20 142 Jan 155 Nov 150 Jan 156% Jun 170 Jan 164 28% Jun 6% Jun 8% Jan 7% Jan 4 7% Jun 15% Jan 9% Jan 3 11% Jan 12 135 37% Dec 2% 4,200 13,400 9 •8% 9% *8% _5 *974 9 % 200 107k 10% 10% 10% 3,600 6% 67k 67k 177k *17% 1774 •17 17% 36% 36 36 *35% 36% 36 36% 56% 56% 56% 57% 58 57% 58% 57% 8% 8% 97 k •9% No par lo Jarj, 63% Jan 25 1077k No par 23% 23% 237 k 17 7 17 7 k 17 7a 3 10% Jan 5 12 Feb 3 50% 40% Feb 1 43% Jan 9 8% Jun 367k 367k 54 54% 25 49 7k 49% 50 5772 5712 No par Iron Coal 87k Jan 9 30 4%% 3 Procter 31 60 3 80 Jan 4 46% Jan 13 15% Jan 13 26% Jan 17% Jan 6 83% Feb 2 51% Jan 23 31 118% Jan Feb 24 Feb 3 120% Feb 2 29 — 86% Jan 26 87% Feb l Dec 25% Jan 26% Jan 11 3 $4.75 Public 257k 25% 25% 257k 257k 25 25%: 1157k *115 115% 115% 1157k 1157 k 115% 1157k 104% *104 1087 k *104 104% 1037k *1077k 1087k com 3 34% Jan 30 Jan 20y« Jan 18% Jan 4 14% 74V2 Jan 12% Jan 3 73y4Jan 8% Jan 14 14% 2 14 14 V. 13 % 33% 36% 37% 37 89 89 89% *8.9 52% 53 *104% 105 52% 105 52% 105 14 y. 37% 36% 90 52% 105 90 53% 9,800 37% 26,300 .90 53 105 Shares 14% 300 53% *104% 9,300 105 200 *14% 15% *14% 15% *14 % 15% *14% 15% 92% 93 y2 93% *91 95 *91 96 10 57% 53 57% 58% 58 58% 58 58% 58 61 11 *9% 28,000 11 *9% 11 *9% 11 *9% 59% 10% x59 7 k *9% *9% 11 *33 *104% 33% 104% 93 33% 33% 104% 1041/8 *90 33% 104% 98 14% *91 10% 10% 33% 152 97 14% 14% 14% 91 91 29 28% 29 28% 29 28% 16% 16% 16% 16% 16% 16% 152 *164% 169 152 *1641/2 10% 10% 10% 153 •152 168 166 8 10% 72% *62% 64 *62% 63% *62% 63% 26% 26% 25% 25% 1 23% 5 *11% 5 : : ' 41% 1 B4. *40 24 *142 146 7% 10 % 160 73 73 *62% 25 •142 1,200 *151% 153% 166 *165 167% 10 36% 9,500 8 7k 5,300 10% 1,300 36% 35% 8 10% 63% *135 63% 25% •142 24% 24% 24% *11% 12 11% 11% •11% 41 411/2 40 % 41 40% 40% •40% 41 73% 63 % 25% 146 2414 11% 41% " 10% 160 25 146 *142 24% 24 ' 40% 41 41 14 14 14 141,8 14% 14 yk 14% 15% 15% 15% 15% 15% 15% 160 74% 340 63% 190 26 1,400 146 24% 12 12 41% 41% 41% 41 41 4,900 12 40% 16 40 - 8 63% 41% 24% 4,200 16% 25% ♦11% 24% 40 28% 16% 73% 41% 12 90% 28% 73% 14 Co__-—10 •135 90% 3,200 153% 10% 11 *135 15 90% •7% 8 14% 28% 35% 36% 15% No par Power 24 146 160 36 120 15 *90 *151% 72% *142 91 14% •164% 35% 72 % *135 14% 152 72% 160 14% •90 168 73 *135 600 105 *95 16% 28% *16 *33% *104 98 91 *90 33% 104 •91 160 145 33% 104 38 *72 *140 33% 105 ♦91 *135 26% 33% *104 98 100 26% *33 105 •14 *41 200 4,400 42 700 14% 14 14% 1,700 16% 15% 16 % 16% 12,500 8% 16,200 7% 8% 8 8% 8 31 31% 31 31% 31 31 82% 83 83% 83% 84% 85 85% 85% 88 88% 89% 56% 56 y4 56% 56% 57% 57% 59% 60 com No par issued" Inc com—2—5 7% 8 y« 7% •30 % 31 % *30 V4 31 700 6,500 600 16% 16% 16% 16% 16% 16 V. 16% 16 82% 82% 827k "82% 82% 82% 82% 83 83 y4 *83 50% 50% 50% 50% 50 50% 49% 50% 49% 50-% 50' 'a 50% No par 4,900 27 27 27 27% 26% 27% 27 27% 27 28% 28% 29 7,900 —100 of .119 119 % 119% 119% No par Colorado 4.64% preferred 3Mj% preferred El & Gas 8% *82% preferred Co 7% . Industries (The) 30 the Week :_100 Public Serv Co of Ind Inc oil Sales for Feb. 8 $ per share *90% B— 20 » 119% 119% 16% 15% •1197k 16% 120 16% 5,500 84 80 120% 120% 100 86% 86% 87 87 87 87 87% 87% *87% 88 % *87% 88% 40 No par 25% -25% 25% 25% 25% 25% 25% 25% 25% 26% 25% "26% com—No par 18,100 29% 29% 29% 29% 29% 29% 29% 29% 29% 30 y. 30 30 y« 15,800 *104% com Inc^ 10 36% Jan Friday Feb. 3 t per share 30% Pure 9 109% Jan Thursday Feb. 1 tper share 7% Pullman 30% Jan 3 150 PRICES Wednesday 82% 12 3 25. 170 200 30% 4.08% 27y4 Jan 108 1 $1.40 33% Jan *104 108 7k preferred series A—50 3 107% Jan 1047k 15% 25 Gamble 2 Oct 52% 105 SALE •104 •1077k 115 1047k 1087k 1147k 104 103 7k $ per share S per share 51% 104 •1077k 1,600 Jan. 81 Jan. 30 *104% HIGH Tuesday • 106 92% 100 class class 30 ye Feb July Monday 7% 105% Feb Jun 25 7% 3 15% 257k 14,000 7% 27 Dec 25% 7% 28%iJan 30% 210 25% 7% 104% Feb Jun 106% 257k No par Dec 25 % 106 7 k 257k No par Dec Apr ' 106% 257k Steel Co 29"% 33% 1 106% 25% Screw & Bolt div 2,530 •1057k 257k 106 35% 105% 3,000 13,600 25% 106 367k Service Pub Serv 59 25% 35% cum 49% * 1067 k 35% conv Publicker 497k 58 59 *14% Co Pressed Steel Car Co Inc "When 54% '4.97k 16,500' 25;% *25 35% & 547k 487k 1,800 . 105% 10 Jun 37 587k 537k 40% ; 54% *99% Plate Glass Co *103% Nov 109 59 50 * 40 15% preferred Poor 90% Mar Jun 49% 587k 127 k 407k 95 Pond Creek Pocahontas 47% Dec Feb 497k 587k 1,400 1067 k *12 7k , 38 *90% Forgings Co 3 Jan Jan 50 5872 *106 12% * 3,500 *15 No par 18 Dec 24% 557k 49% 58 *87% RR (The) Plough Inc Plymouth Oil Co 89% Feb 1067k 50 87% preferred class A 317k Jan •106 57% 87 % 16% 6 10 6 54% 37% 28% 3 *37 7k 37 55 *86% 28% 16 37% 367k 54% 100 *15% Jan 38,800 55 14 common 31 7% Jan 1,300 107k 39% 37i 1 79% Jan 127k 12% 14% 1 30 133% 9% i—5 Louis Electric 133 No par Pitts Consolidation Co 400 127k 127k 38% ; preferred 36% 9% 43% 14 No par 180 *36 127k 127k 37% 51% 400 1327k 9% 39% 14 105 45 112% 12 12% 37% 51%' 112% 131 . 10 43% 14 *104% *44% 36 12% 36% 100 Jan 38 30% 1 36 49% ' 45 113% 42% Jan. 28 t per share 17% 12% __—3 com 14% Jan 79% 107 ' Par 100 16% Feb Jun 25% j 17% 113 132% 106 17% 15,700 37,780 427k Saturday 14% Oct 25% 108 7k 106 30 23% 41% LOW AND 4 —_ 104 1087k STOCK 3 Feb 115% 104 100 ..100 15 14% Jan •1157k a *104% 100 23 5 h •44% . 3,400 35 107% 24 54% 23% 251 106 4.5 12 27% *107% 12% * 106% 25% *25 90 56% Jan 20% *106 No par 14% Dec 22* *104% 12% 41% - 12% Jan Jan 106 12% 90 32 Feb 106 1327k 27% *32 107*44 400 9% 17% 36 36% Pitts Coke & Chem Co com—No par $5 convertible preferred No par 86% Mar 57% 36 357k *90 & 367 k 35% 100 Potomac *35% 9% 200 9,100 1,000 23% 113% 36 41% com 16 Jan *113 131% •- 113% 9% 5 common 38% Jan 41 *447-2 a 12 .100 Sep Oct 4% 22 44 7k 44% 1137 132 Pittston Co Jan 12% Nov 177k 107 k 30 29 17 7k 11% 24% Jan Jun Feb 17% 132% 131% 131% -—No par : 1 preferred 5% 23% 9% 5%% 1st ser conv prior pfd—100 Pittsburgh & West Virginia 100 Pittsburgh Young & Ash pfd—-100 Nov 36 23 7a 11% 10 13% 36 44% % 27% 17% IT 4% 60 •35 23% 12 26 15% I 59% 1,700 17% 36% y 27 •107% 300 7 7 17% 36% 59% • TO 35 10 % America 7 17% 36% 1077k 10 27% Jan Apr i 277a 1 *32 12 *34% 7 17% •36 *1077k 10 141 % Jan Jun CO 27 33 12 9 8*% 36 P-* 277 k 10 —No par 7 107% 237k *11 13 Feb 21 36 44% C: 33. *107% 131% 23% Jan 12% 4474 114'% ■' 100 135% Jan 8% 44% *43% 33 *9 100 Feb 36% Mar 4 *11372 5 Ry Co Pillsbury Mills Inc 7% 3 27% • 23% .1774 67 k 97k 9% 27 % *317k . 7 57% 9 107% Dec Apr 27 a 155 74% Feb Apr 277 *17 l 169 4 32 27 —7 *151 3 xl9% 8 72 *165 Jan 147 . 67k , 7% gtd Pittsburgh Pittsburgh Pittsburgh Jan 10% 17% 9 61 9 10% 67k 23 71 9 107k *3572 Jan Jan *8% 10 *16% 37% Jan May Jun 874 10 2% 5 167 71% 25% Dec 974 2 25 __ 4 88 14% 10 7 a 34 Phoenix Hosiery Pittsburgh 44 29% 100 St ♦43 38% Phillips Petroleum & 44% 2% preferred C •43% 37% preferred C 39,400 29% Philip Morris & Co Ltd common:—5 $4 110 20% 8% Phila & Reading Coal & 5% 102% 19% 9 13 175 ♦43 102% 19% *8% 108% Phillips Jones Corp 8,000 102% 18 Vk No par Jan Apr 45 •101 18% 44% 18% 37% 357k Jan Nov *43 18% 30% Pitts Ft Wayne & Chic Ry com__100 Nov 102% 67« 18 37% 19 55 ♦101 19 G 18% •29% Jan 9 102% 18% 6y« ia% 13% 2% 154 8% Jan 18 300 30 Philco Corp common. 3%% preferred series A 4% 5% 19% *101 45 6 104 37% 7 64% 135% *43 5% 6 1 1872 105%, 27k * Pitts __ 12,700 0 105 105% 30 \ $ per share 3 320 •104% 37% EXCHANGE 14 Feb 44% *3l7k NEW YORK Highest 13% Jan 104% 19 STOCKS Range Since Jan, 1 32sa Jan 7,800 105% 197* *107% preferred Jan 38% 27k preferred 107 % Jan Jan 37% 30 preferred 103% Jan .19% 40% 38 %, 337k No par xll4%'Jan Jun 37% 105% 106% —100 Co Sep Jun 38% 2% , preference conv Sep 11% 38 37% preferred Phlla Dec 22% 38 % *29% Phelps-Dodge Corp.. Philadelphia Co 6% preferred 1107a $ per share 54,600 20 27k (Chas) & Co Inc 104% share 1074 20 297k Co Corp of Apr $ per 10 21 37% Brewing Co., Jan Lowest 10 ♦19% 27k common 98 Highest 36,500 9% 20V3 9% 337kc 105 Year 1949 4% 9% 20% 3778 102 Va 18% 4% 9% 21 9% 6% *101 19 4% 1,300 29% .50 117 $ per share 102 4% 37% 37% Light Co Apr " Lowest 6 197k 4% 4,300 37% 37 3% 2% preferred 12% Jan 43% Jan Jun *105% 4% 4% 180 3% 30 Co Co 3 907k Mar 36% 3% 37% ; Eastern PepsLCola 13 36% 105% *42% 36% 38 •105% 18% 36% *20% 37% 102 37% 4% 9% 37% • 3% 21 37% 1 3% 2% Peoples Drug Stores Inc Peoples Gas Light 8s Coke.. Jan x487k Mar 9 3% *19% par Pennsylvania Salt Mfg Co com—10 372% conv series A pfd 100 36 'Jun 9% 21 4% 3% 37% 37 4% Corp com—No par preferred 37% Dec 40 % 37 41/3 3% 3772 Penney (J C) Co Penn Coal 8s Coke Corp 13% 117k Jan 36 4% 3% *29% Ford <fc Jun Nov 3% No par 2.50 prior preferred conv Jan 17 3% Mines.—1 Pennsylvania RR ' Feb 3 3 36 _1 Co Penn-Dlxie Cement 317k Jan 17% Fob 9% Feb 3 7k ...No par Dec CO *145 1 _ common. 15 ' 32% 52% 31Va Parke Davis & Co Penick 33% 30 300 31% - 277k .* 32% 52% Parmelee Transportation Patlno Mines & Enterprises 57k Jan 22% 337k 53% _ 34% Jan Jan 22% 32% 31% ; Dec 8 2,200 22% 33% 6% Feb 5% Aug 22% 22% 33% 19% Dec Nov 22% 21 % 31% Refining 2% 9 22% 21 -100 <fc 29 7% 14% 32 52 9% 38% Jun 32 56 54% *19% Jan x6 32% 33% *19 Rust •31 33% 1 Utah 32% 32 32 33% *6 Park 350 8% *55% 31 1 Park 61 Tilford Inc.- 7 700 8% 8% 56% 53% Inc 1% 2% Jan 12% 8% •55 Va 31 Pipe L com—No Prod Paramount 12% 8% 56% 31% Transp—5 & 24% 2 *20% 12% 8% *55% 8% 56 54 y» No par Jun 23% Mar 21 Paraffine Cos Inc common.—No par 4% convertible preferred—100 3 2 32 •12% Shares 31% preferred" Panhandle 6 25 World Amer 33 12% the Week 53% 100 Panhandle East 13 5% Feb 207k Dec 37 104 10% Jan 32% 12% 12% *8% *55 Vk Sales for 'Feb.» S per share 53% Packard Motor Car 8 8% 55% Friday Feb. a $ per share 32% preferred 36' 12','4 3% Thursday J 31% Consolidated Corp. Pacific -Western Oil Corp— 11 12% 12 55% 3% . 100 : Pacific Tin 9 4% Jan 6% (per share 53% Lighting Corp 12 Jan 33% Pacific Telep & Teleg com_ 2% Jan $ per share $ per share No par Pacific 144%. Feb Feb. I .No par 4 10' Dec *20% 17 TRICES Wednesday 33 33 SALE Jan. 81 55 . ' HIGH Tuesday Jan. 30 12% • 8% 55 —25 20 Mills *12 Corp of Calif——10 Electric— & 104%. Jan 3 4% Jan , Jun 29% 34% July 5 10 No par non-cum—..NO par Finance 30% Inc common., AND Monday Jan. t per share non-cum (569) RECORD Saturday ' • Par Jan 52 '" ' $ per share 29 50 STOCK LOW STOCK EXCHANGE 7!/2 Jan 10% Jan 71 NEW Highest t per share Jan Nov Sep 51 YORK CHRONICLE STOCKS Year 1949 v Lowest FINANCIAL preference preferred- _l_100 »105 1051,4 34% 34% 351/4 27% 27% 27% 28% *109% 109% *109% No par ; 105y4 "34% No par 100 5% conv preferred Purity Bakeries Corp 105% No par common 33% 33% 34 201 20% 21% 21% 21% Jan 30 Quaker State Oil Refining Corp—10 14% Feb 3 13 75M2 Jan 10 Radio Corp of America com—No par $3.50 1st preferred No par 3 3 *120% 121% 610 * 105 •104% 105 105 105 104% 105%> 310 35 35% 28% 28% x27% 109% *109 % 109% 109%. 100 34% 109% 34% 109 y4 34% 34% 34% 33% 34% 3312 34 y. 5,400 21% •20% 21% *20% 21% 21 217k 500 14% 14% *75% 757k 265,800 1,400 35 35% 34% 35 35 35% 19,600 28 27% 28% 28 28% 15,400 109% *109 " 6 *21 •109 R 9% Jun 66% Jun • x7 Jun" 92% Jan Jan 9y4 Apr 101% Dec . 3 9% Feb 103% Jan 10 Ralston Purina Co 3%% 23% Jun 29y4 Dec 27% Jan 3 29% Jan 27 21% Jun x24% Jan 25 27Vz Jan 5 CRaybestos-Manhattan Rayonier Inc common 26% Jun 30% Feb 34% Feb 17% Jun 34 y4 28% • 100 Feb 30 Va Jan 13 31% Jan 12 Radio-Keith-Orpheum $2 preferred Reading Co common 23% Jan 2oy2Jan 25 22% Jan 9 Nov 43 Jan 36 Jan 25 38 3 4% non-cum Jun 36 Jan 31 Jan 1J 337k Feb .3 4% non-cum For • footnotes see page 20. Feb 1st 2nd Corp 1 pfd—__100 13% 14 13% 14% 14% 14% 14 247k 74 74 74 747k 74% 75 75 75 9% 97k 9% *102 No par *29% 1 9% 103 9% 102 102 102 9% 102 97k 9% 13% 14% 75 r 75 9% * - preferred preferred 101% 101% 100 29 y4 297k 29% 297k *29 297k 600 25 247k 257 k 24% 257k 25 25%" 25 25% 5,200 31% 317 k 317k •31% 31% 317k 31% 31 317k > 400 227k 227k 227k - 1,000 38 38 38 33 33% 337k 101 24% 25 ♦31 Vs 31% *31% 21% 21% 21% 21% *21% 22% 22 ;22 50 37 37 377-4 37% *37 38 •37% 38 •377k 32% 33 33 •32% 34 327k 32% 32% 60,800 101% 247-a •32 9%~ 29% 24% 50 97k 29 29 50 I V 297k 30 7k 9% 22 \ 101 230 300 1,100 18 " (570) COMMERCIAL THE Year 1949 $ per 10 Y* share 153/4 111/21 Jan 16%. Oct 14% Jan Jan Silk Real 1 18 Jan 3 Reed 13 16 Jan 7 Reeves 41/4 Jun Jan 6Va Jun 50 9% Jan 11 Jan 10 10% Feb 2 Jan 6 Dec 22V4 Jan 13 Jan 8% 8% Jan 3 5 60 Jan 7 Jan 27 9% Jan 25 Inc —50c —_ div $1.25 60 Nov 58 121/4 Dec 11% Jan 13 13 Feb 3 Jan 20 85 Jan 20 13 Feb 2 Reo 7% Jan 9 Aviation Corp___ Republic Pictures common $1 convertible preferred—— 90 23/4 Jun 10% Jun 34% 9% Jan 13 11% Feb Jan 23% Jan 13 26% Feb Jan 13 107 % Feb 103 Jan Jan 3 18 24 6% Jan 13 22% Jan Jan 3*1 25 50 96% Jan Jan % 21% Feb 3 Rheem 39 25 42% Jan 9 Richfield 16% Jan 13 Jan 9 Ritter Jan 4% Jan 3 5% Jan 11 Roan Dec 20% Jan 4 24% Jan 17- Robbins Jan 42% Dec 15 V\ Jun ' 21" Jun 5% 21 18 14% Feb 3 Feb 3 67% Jan 5 Jun 12% Dec 12 Jan 13 Jun:' 31 Dec 35 36 96% Jun Dec 30% Jan 60% Jan 13 681/2 13 10 y» Jun Jan 104 Dec 105 Apr 16% 19% Nov Jun 2iy2 Dec x20 39% Apr 611/2 Nov 55 8% Sep 16% Jan 16 18 9 Ruberoid Co 31 Ruppert Safeway Dec 29% Jan 13 Feb 3 Feb 112% Jan 7 113% Jan 25 48% Jan 38 Va Feb 2 41% Jan 10 Jun 12% Jan 10% Feb 2 12% Jan 9 48 3/4 Jan 10 7% 5% 31 Jun 43% Dec 43 y4 Jan 3 87 Jun 131% Dec 128 Jan 26 136 Jan 6 Jan 24 100 Jan 3 9 Jan 9 863,4 Jan 24 88 % Jan 19 Jun 78 98 100% Nov Jun 93/4 Jan * 77 87 July 8 5% May., 9% Jun 13% Dec 12% Jan 13 15% Feb 3 22% Jun 31% Dec 30% Jan 3 34% Jan 11 46 Va Jan 70 Dec 66% Jan 14 70 Jan 3 90 Jun 98 Nov 94 3/a Jan 19. 96 Jan 4 Jun 78 94% Oct 106 3A Jan 30 107 Jan 10 91% Mar 843/2 Jan 9 87 Feb 1 106% Jan 30 108 xl033/a July 104% Jun Jan 104 Oct 7 St 25 Va 25'/a 25 % 163/4 16% 100 '/a *100 9% *48 97 *96% 16% *13% 16 lA 16% 17 5% 5% 5 V* 22% 21% 21% 65% 13% 13% 13*4 13% 33% 33% 33% 34 65 65 y4 65 *104 101% 100 Va 101 y4 9% 2,500 39 % 10,900 17 19 19 19% 19% 19% 19% 19% 22% 22% 22% 22% '22% •22% *56 57 % 57 -i 56 Va. 56% 56 i4 56 •56 *11 11 Va 11% 11% 12 11'/a 11% 33% 33% 34 33% 113% 33% 34 113% 39 Va 39% 39 39% 38% 39 38 3/a No par 12 12V4 12 12 V4 11% 12 y4 11% 12 3/g 10% 46 V2 —100 48/8 130 *96 993/2 8'% 8%. *96 130 *'8% 5 2.100 8% *863/4 88 *86 87 99% x8'/4 8% 87 "' 46% 15% 24,700 50 38% 11 47% 6,400 39,300 . ' 10,000 160 99% 8% 8% 48 130 130 *95 — —- 18,300 ,8% 170 88 88 88 *87 35 113 ' 87 87 3,400 10% 47% 8% 8% 1,300 11% * 99%' *96 56ya 38 Va 131 *129 131 *96 99% 8% 47% Va 7 130 131 131 *96 88 * 483/a 47 % 46% 46% 129% 99% 4,000 34% 12 129% 5,300 22 Va 113 38% 113% *113 40 19% 11% f 113% 39 V4 2,100^/ 104 55 : 34%. 113% 39 1,200 % 22% 11% <>113 20,300 35 66 *19 56% 100 ___—10 113 3/a 14 % 1,200 66 V* *102 22% 113% 2,300 35 104 19 33'% 20G 5'% 22 13% 22% *113 16% 22 1 > 1 ' 5 14% 14% 14% 15% 14% 15% 15 15% 15% 15% il.75 $3.40 preferred—— 32% 32% 323/4 32% 33 33% 3*2% 33% 32% 33% 33 33% 67 67 66 % 68 3,900 410 *67% 94% 107 86% No par *106 • pfd—100 100 *86'% 109 *105 _____ 95% 95% 106 3/4 106 Mz *86V4 86% 106V2 106'/a. " 15 % 22,800 ' 32,200 68 68% 67 67 95 68% 68% 69 94% No par 2— preferred—1 5% ; 66 % 18% 33% 16,200 ' 14 34 11% 3,300 41% 16% . 5% 104 21% 40%' - 21% 20 700 290 107 21% 41 No par 3.65% 106% 1 , 96'% 96 : 21% •65% 49 y2 *48 96 22% 32% 250 9 Va 38% 18% 5 3,100 9 3/a *22 % 11% 11,900 22% 1 *56 30 6 5Va 34 106 106 7,600 22 Vb :13% 13% 600 16^4 100 57/a 5% 65 16Va 100 40% 34% 65% 107 % 107 21% 13 % *104 53,000 49%-, *16% 65 106 26% 107 5% 33 *104 3,400 257a 21% , 22 13% 106 ■11% '96 17 % 5 21% 65% ■ *104 —100 *16'% 5% 22 22 11% 39% 9 3/a *48 41% 33 13 % *32'% 20 21% 40% 14,900 107 107% ' 21 * 17 5% 5% *21% 96% 9,300 5V'4 22% 39 49 % *106% 41% 20 ' *48 97 » 4,900 •6-'/a 16% *100% % 11% 6% 5 Va ■ 107 22 9% 39 96% 49 % 107 107 21 Va Scott Paper Co common——No par Co 17,100 11 Vb i 102 5% . 100% 38% 48% 107 5% 9% 39 ya 48% 107 100% 1013/4 40% preferred 130 13 92 25% ■16% *100 22'/a 9 Va *96 y4 107% 5% 22 38% 9% 39 96% *106 6 22'/a 48 % 25 Co 200 11%: *106% 16% 100 >'a 101% 101 9% ■ 107 16% 100 % 5% 38% 39 *106% 16% 100%. 22 22% 100% 107 16% *100 6 5% 22 9% *105% 107 *1053/2 .106 96% * ' 25% ' 21 Savage Anns Corp— Schenley Industries Inc 4.30% 11 % 24% >47 series A, 5% vtc——100 Southwestern Ry Co_—100 Mfg 53/4 25 Va 41% Co com vtc $4 preferred 6% 24% 21 Regis Paper Co common.. 1st pfd 4.40% series A Scovill 6 Vb %'/» 24% 40% common non-cum ': 5% 11% ' 6% 6% 11% 20% A 12% 11% ! 10% 10% 11% com—1 Controls 300 1 2,800 59% *90 Va 11% 40% common 10% ■■ 92 10% 10% 11% 9/4 No par preferred Joseph Lead Louis 10% 10% v 20% i__J. 127/a *90 92 *90 92 '12% 12% 12% 12% 11% 38% Preferred St 12% *90 40 % (Thei— St L-San F Ry 5 Jan St 90 8%) 5 Stores 333/a 113% Apr '-*58 20% (Jacob) 35 Va May 109% 59 11% 101% Royal Typewriter—— Jan Jan 35 3 59 5 100 % Ronson Art Metal Works Inc 12 13 59% No par —• series 59 1 ' preferred 60 *59'/« 6 5% Mines Co 10% 5 % 21% Co Inc_4 Haas 24% v 6% 57/a preferred conv 1*23% 10% Y-i 106 100 Copper Mills' & 4% I- 1,100 8 7/a 23% ■10% , ii'% series——100 Corp *8% 23% 10 V* 5y» ,—10 Company— 58% Jan 101/2 J a 11 12% Mar Oil 8% 8% 23 % 5 Va 21% series—. 4.50% Antelope 4% %, 12 1,500 900 10 6 10 _ Robertshaw-Fulton Jan 104 3 3 Jan 155/a *8% 6% 1 Manufacturing Rohm 19% Feb 22% Jan 12 Jan 17 *22 Va 5% 2.50 _ Co_ 3.60% Preferred 10 Jan 24% 7% Preferred Jan 17 15% 8% 6% 16 3/a Tob class B— Common 19 Dec x3% 21 10. 18 Jan 211/4 Mar 107% 16 Jan 106 Jan 17 Va 15% 10 5 3/a 100% (R J) 5 Shares 12 3/a 22% 12% % 10% 16% Spring 3 12 Vb 3D 6% *99% Reynolds 941/2 Jan " 12% *8% • 5 V4 j.00 ' Inc. Drug 12 11 No par — Reynolds 4? 1/2 Jan 108% Nov Rexall preferred 7 Oct the Week ' prior pfd series A_^_100 conv 'A % 12 Sep 15 3/a 24% 20 Aug 15% 63/a par 10% Jan 40 Jun 15 . 37% Jan 39% com—1—No Corp 102 % Jan 3 9% Jan 100 Feb Steel 11 59% *87 90 1 _50c 10 39% Jan Jan Dec 15% 17% 9 % 59% 12% 12% —1. _ Revere Copper & Brass com 5 *16% 17 15 % 17 Sales for Feb. 8 $ per share 22% 24 9% ,60 *87 Reynolds Metals Co com No par 5%% convertible preferred——100 98 - 6% 100 % Jan 5% Jan 201% Jan Republic 16% Jan 99% Jan Dec % 14% Jan Dec Inc Motors Republic 1 10 Jan 13'/4 Dec 12 Vs *15% 8% y4 *22% 9% *59 25c ——_ 8 8 V4 24 9% ... preferred $4.50 30 103% Jan 102% 5% Jan 6 Jan 42 Va Mar 13 23 Jun Jun 85% 41/4 Jan 16'/a Sep 4% Dec 100 Aug 4% Aug 98 25 110 91 18% 13 5% Jan 27% Jun 91 ya 10% Jan Jan 10 Jan 17 85 Jan 8% 4% Jan 5% . Nov 12% Jun •6% May 4% Jun 8% _ Apr 73 15 % 12% 17 % 17% 15 y4 15% 12 12 11% Friday Feb. 2 $ per share $ per share $ per share 11% *17 17% *23 .—-No par Corp. Mfg Co common — _5 Conv pfd 3'/a % series—100 Remington-Rand common __50c Aug 8'/a 11% 12 *15% preference..—10 prior Reliable Stores Reliance 17 $ per share (Robt) & Co— Reis 18% Feb. 1 17 —No par Co_._— Bit Bros Thursday Wednesday Jan.31 *11% 5 Mills com— Hosiery Roller 18 Jan 17 12% Feb 25 PRICES SALE Tuesday Jan.80 $ per share Far $ per share $ per share Apr Jau 23% Nov liy2 5 per share 13% HIGH AND Monday Jan.28 EXCHANGE Highest Monday, February 6, 1950 Saturday STOCK YORK NEW Range Since Jan. 1 Lowest Highest Jan LOW STOCKS Range for Previous Lowest FINANCIAL CHRONICLE & 95% *95 96 95 95 95 95 *106 107 *106 107 *106 107 20 86% 87 87 87 87 150 *106% 110 108 90 107 *106 867/a *86 y4 *106% 109 106% *107 106% 14% *86% 14% 1 12% Jan Jan 13% Jan 3 14% Jan 30 83 Jan 91 Sep 86 Va Jan 5 88 Jan 12 13% jun 21% Dec 20 Jan 3 25% Feb 3 62 Dec 3 14 Scranton Elec 3.35% Co (The) 5 com preferred 14% —100 • 14% 14y2 " 23% 23"% 14% 89 *87 88Va *87 Seaboard Air Line com vtc—No par 5% preferred series A____i.__.100 * V 24% 68V2 14%. 14% 14% *87 y4 24 673/4 14% 89 *87 89 24% 24 V* 24% 14% 2,000 90 24% 24% 24 14% *88 90 *88 24% •- 25 !4 25,300 68 Va Jan 30 68 68 67 y2 67 67 .67 67 67 1,700 16% Jan 19% Sep 19% Jan 3 21% Feb 2 Seaboard 1 20% 20V4 *20% '20V2 20 y2 20% 20% 213/a 213/a 21% 21 % 21% 6,600 36 y4 Feb 56 Dec 47 y2 Jan 25 52% Jan 7 Seaboard Oil Co of Del—____No par 49'% 50 ya 50'% 50 Vt 51% 51 51% 51% 51% 51% 51% 7,200 5% 50 % 103/4 423/a 47% Jun 60 11% Feb 3 Seagrave Corp 44% Jan 9 Sears 3 16% Jail 11 Seeger .5 15% Jan 53/4 Jan 3 6% Jan 10 Seiberling Rubber Co 1 *5% -6'/a *5% Dec 10 3/a Jan 3 13% Feb 1 Servel Inc 1 11% 11% 11% 9% Dec 4% Jun 6% 63/4 Jun 11V'2 . 15 92 3/2 Jan Feb 26 94% Jan 11 Refrigerator $ per shore $ per 31% May Jun Highest 16 28 % Jan 4 37% Jan 26 Jan 3 28 3/a Jan 12 38% Dec 37% Jan 13 39% Jan 7 76 Jan 17 83 May 105% Feb 8% Jun " 10% Oct 11% Apr 15% Jun 40% 3 7 15% Jan 34% Jan 25 Dec 30 3 9% Jan Dec 6% Jan 13 79 Jan 105% Feb 11 Jan 18-% Jan 38 Jan 6 3 11 20 9 73/a Jan 9 Jun 4% Jan 2% Jan 3 3% Jan 12 22 May 27% Nov 26% Jan 13 29% Jan 9 28 Oct 36% Jan 30 V4 Jan 6 Jan 25 24% Jan Jan 3 106% Feb 20% Jan 29% Jan 3 22% Jan 11. 13 33% Jan 5 Jan 5 23/4 Oct 7 • 18% Jun 24% Sep 22 97 Jun 127 % Jan 100 16% Jun 19 Jun 21% Nov 83% May 95% Jan 10% Jun 14% 22% Dec 33% Dec 25 Jan (Frank Sheaffer (W G) A) —1 CO— Shell Oil Corp—, Sheraton Silver Coalition 9 3 Skelly Oil *21 Dec 68 Jan 16 75% Feb 3 14 Jan 11- Oct 143/a Apr 11% Jan 4 26% Feb 40 Nov 36% Jan 3 Jan 45 Aug 40 Jan 4 45 Nov 34 Jan 13 35% conv Southeastern 39% Feb 36% South Feb 8% 8,700 38% 76% 76%, 77 77 *9% 10 ~9% Porto 1 . 16% 43/a *4 .. 31 24 4 17% 300 36% 6,700 17 17% 17% 36 36 y8 35% 36 y4 36% 6-% 6% 6% 6% *32 % 33% 23 22% 23 Va 6% *3V'o 29 6% 6% 33/8 3 y4 3% "« 3 3 33/a 29 y4 28% 33 % 32% 22% 22% 22% 23 101 v 3,500 3% 3,700 29 Va 32% 29 7 33 '/2 22% 102 101% 3,900 29% *323/2 29 *32% 29 3/a. 200 23 31,300 106% 2,900 102 102 101% 101% 22 21 21 21% 21% 21% 21% 21% 21% * 31% 31 31% 31% 31% 31 31% 31% 3iy4 1,400 24 23% 23% 23% 23% 2,000 24 *23% 15% 15% 15% xl6% 16% 16% 108 y2 107% 107% 107 % 4 4 43/a 4>/a 10% 11 10% 10% 52% 52% 52% 52% *743/a 77 *74% 76 741/2 76 13% 13% 39% 39% 39 Va 39% 45 45 45 35 34% 35% 13% 13% 393/a 39% 13 V2 39 Va *43>/4 l33/2 393/4 .45 *433/4 34V2 34% 34% 45 34% » *44 34% *74 13% 75 13% 101 17 107 3/4 11 85% 86 101 16 16% * 4 53 5 *85% 101 15% 16% 16 10% 25 *16% 17% *52% Edison— 1,800 36% 11 Sugar com_No par California 400 9% 36 3% 53 —__i_.25 105% 9% *17'/a 10% Greyhound Lines Rico 105% 10 17% 36% 6% 33/4 28% *523/a 50 300 77 77' 78 106 *9% 17% com._4.50 preferred—— *77 *105% 9% —50 E & G Co preferred Southern 35 % Feb 38% 38% 16% pfd—100 Gold & Platinum. preferred %% 38% 38% 108% Amer South Carolina 5 38% 27'% 16% South 71% 7,500 8,400 38% 27 % 38 *1073/4 Solvay American Corp 4% 12 53 % Mar 26% 27 *1073/4 1083/2 Socony Vacuum Oil Co Inc_______15 4 10 Shares i 26% 26 Vi 86 Jan $ per share $ per share 27 101 Jan the Week 26% *15% 4% Jan Sales for Feb. 3 26% 157/a 163/2 17 Friday 26 *153/2 108 1,000 81,800 . 27% 23% 3 6% 13% 94 26% 100% 13 5% share *85% 20 31 $ per 26% Corona Typewr.iters.No par & 3,400 26% 86 *85 21,700 26% 24 Jan 28 26 a'a 13% *92 Feb. 2 101 24 85'/4 24 —100 preferred 3% Jan Jan Feb. 1 $ per share 6% ■63/4 13%. 94 Thursday Wednesday Jan. 31 *85 preferred 16 Va Jan 11 Tuesday 26% 273/2 38% 77 *92 1.300 '. • TRICES SALE HIGH '100 Smith 52% Jan AND 13% 13% 94 *92 94 *92 6% 6% 6 13 VB 85% 3 11 13 y4 101% 17% Feb 13 6% 12% 85 % 4 9 % Jan 6% 12'% 101% 14% Jan 51% Jan 16 63/a 15% 101% 4.20% Oct 43 Va 15% *99%, 3 V2I0 Dec 11% 42% 15% —.100 11 26 52% 10% 423/a 15% 102 102 31% 85% Jan 10% 22% 22 101 % Jan Jan 22% *32 102 4 Mai- 10% 41% 33 28% *31" 5 106 *ioy4 16 10 *17% 35% 63/2 33/4 *21 13 Oct 32% 10 101 Jan Oct *763/4 15 Jan Dec 10% 42% 15% $ per share 20 Steel .& Iron.— O) Corp—— lo (A) & Sons Carpet Co com—20 Smith 6% 3:/8 29 223% No par Co (A 35% G% 33/s *283/2 *31% No par Corp___^ 10 35% 1 No-par ; & Steel. Sloss-Sheffield Smith 77 17% *17 —5 Mines Co__2_____ Simonds Saw 10% 41% 15% Jan. 30 38 38 *9% 15 Corp of America—.— King Simmons 27 27 No par — Pen 10% 42% 157/a 94 25% 26% *66 10% No par Jan 4% Jan preferred cum 98 17% 26 Va *763% $4.25 23 107% 29% $,3.50 conv pref series A—-.No par 85 Jan 7% *37% Feb ■ share 263/a Steel -Corp— —; No par Sharp & Dohme common—...No-par Jan Jan $ per . Sharon Sinclair Oil 12 1 88% Jun 40 Par . 417/a Monday Jan. 28 , Shamrock Oil & Gas— Shattuck 41% 15% *92 94 Saturday > 31% 17% Jan 25 16 *10 67 LOW STOCK 100% Mar 97% July 3% 33 *92 423/4 * $ per share share 25 % Jan 41% No par EXCHANGE - 22% 76% Nov t NEW YORK 21%'Aug Jan Co common $4.50 preferred Range Since Jan. 1 Lowest Highest Sper share Co__—____No par 'STOCKS Year 1949 24% & 10% *10 5 Roebuck Range for Previous Lowest l_. 31 10 34 Jan Dec 16% 41 y2 Jan Dec 44 y4 101% Co.. 25 11% Jun Jun Jun Finance Jan Jan 33% 77 : Jan 4 10% *52 74% 90 17% 16%' 16% -16% 107% 107% 10% 52% 4 10% *52 75 VB 75 13% 13% 39% 39% *44 40 85% 101 16% 43/a 13% 39% *44" 46 GOO • 2,900 58,500 108 2,500 4 % 3,400 10% 31,000 52% 200 75 3/a 800 13% 3,200 39% ' 34% 34% 34% 35 12% 1,800 100 45 ; 13 11,700 54,400 12 Nov Southern Co 12% 12% 12% 12% 12% 12% 12% xl2% 12% 28% Jan. 36% Nov 11% Jan 34% Jan 13 13 37% Jan 20 Southern Natural Gas Co —*7.50 37 37 3/4 37 37% 36% 37 36% 37% 36% 37% 36% 32% Jun 51 Dec 49% Jan 3 53% Jan 11 Southern Pacific No par 52 V4 523/2 52% 53 52 533/4 51% 52% 513/a 52% 52% "53 3/a 22,800 Jun 41 Jan 33% Feb 2 383/a Jan 12 Southern common..No par 36 36 36% 34% 36% 33% 34% 33% 34% 34 3/2 23,900 45 y2 Jun 61 Jan 54 Jan 3 57 Jan 31 5% _100 357/a 563/2 34 25 Va 56% 56% 56 57 56% 56% 563/4 57 57 57 56 Nov 66% Feb 60 Jan 13 64 Jan 19 Mobile 100 *623/2 66 66 63% 63'/a 63% 63% *63% Jan 11% Jan 5 12 % 12% 12% 12% 12% 12% 10 % Sep 103/a Jun 3% May 3% July 53% Dec 1334 6 Va Feb 12% Jan 70 Jan 23 25 Jan preferred. non-cum & Ohio stock tr ctfs Sparks-Withington Co 3 6 Railway 14 3 4 6% Jan 5 Co—; Spalding Jan 60 (The) 12 5ya Jan Oct May 13 4% Jan Jan 5% 73 3 9 (AG) & Bros Inc.— 1 —_No par Spear & Co common __1 $5.50 preferred—_______—No par 21 Feb 26 Oct 23% Jan 6 24% Jan 22% Jun 29% Mai- 25% Jan 3 28 Jan 12 Spencer Kellogg & Sons Sperry Corp (The) . 1 1 6% Jun 103/a Mar Jan 3 10 % Jan 12 Spiegel 2 Conv 9 64 Jan 71% Apr 68 Jail 23 69% Feb 3 133/a Jun 18% Dec 16 Vb Jan 17% Jan .5 37% Dec 37 Jan 5 "23% 100 17% Feb Apr Apr Jun 82 Jan 13 13 Dec 106 Va Jan 25 107 % Jan 11 22% Nov 20% Jan 3 23% Feb 3 107 Dec 92 34 89% Jan 31 92 Feb 59 % Feb 183/a Jan 473/a Jan 3 98 V* Jan 143 Dec 140 Jan 26 146 Jan 159% Dec 152 Jan 13 161% Feb 109 52% Dec Feb Inc common $4.50 preferred——No par 5 Squibb (E R) & Sons common 1 Square $4 D Co__ _ preferred Standard Brands No par Inc com—No par $3.50 preferred No par Standard G & E Co $4 pref—No par $6 prior preferred Np par $7 prior preferred No par 563/2 *11% 12% 53/2 57/a *62% 12 5% 6 *5% 70 70 69% 24% 24% *5% 273/4 93/4 9% *69 70 16% 16% *34% 35 *1063/2 1073/2 27 . 22 223/a 66 12% 5% 6 69% *63% 12% 5% *5% *68 5% 5% 5% 6 *68 71 5% 5% 71 5% *53/a *68 5% 5% 71 ■ 20 12% 1,600 5% 16,100 300 5% 71 • 40 1,800 24% 24% 24% 24% 24% 24>/a 24% 24% 24% 27% 27% 27% 27'/a 27% 27 27% 27% 27% 7,500 9% 9% 9% 9% 9% 9% 9% 9% 10,200 69% 69% 120 9% 69% 69 16% 16% 16% 16% 34% 353/a 35 Ya 35 Va 69 69% 69 *107 22 108 22% 107 22 107 22% 9% ' 69 16% 16% 16% 16% 16% 16% 5,100 34% 353/a 353/a 36 35% 36 5,100 107 % 107% 107% *693/4 70 108% 60 22 22>/8 22 22% 22% 23% 14,500 91 % 92 92 91% 913/4 270 59 y4 34,100 107% 55% 91% 56% 91% 56% 56% 58% .57% 141% 142% 142 % 141% 141% 143% 144 157 62% 62% 157 157 158 159 158% 158% 158% 160% *156 3,200 66 243/4 141 913/2 54% 6,000 27 1413/2 913/2 54 *140 5% 5% -*68 37 91% 54% 91% 89% 58% *107% 58% 145 161 146 161% 1,200 1,400 62% 63% 63 63% 62% 64 63 63% 63 % 64 22,900 55 Jun Sep 61 Jan 25 65% Jan 36y8 Jun 45% Nov 42% Jan 27 45 Feb Standard Standard Oil of California—No par Oil of Indiana.: .—25 42% 42% 42% 43 42% 42% 42% 68% 43 44% 44% 45 20,500 60 % Jun 74% Nov 66 25 69% Jan Standard 663/a 66Va 67 68% 68 % 68% 68 % 68% 68% 69% 69 % 69% 58,300 For 70 footnotes see page 20. Jan Oil of New Jersey 25 Volume 171 Number 4879 THE COMMERCIAL Range for Previous 20 Range Since Jan. 1 Highest $ per share Lowest $ per share Jun 27 V:a 96% May $ per slvare Oct NEW Highest 25% Jan 4 27% Jan 10 Dec 101% Jan 14 102% Feb 2 3%% 20 Va Dec 1-8% Jan 24 Jan 3 Standard 40 Jun 48 Dec 48 Jan 6 49% Jan 24 Jan 30 Va Jan 25 32% Jan 5 38% July 35 13' Jan 24 V, Jan 12% Jan 3 41% Oct 94 20 Aug 36% Jan 27 100 Jan 98% Jan 15 4% Starrest Co 4 Jan 33% Dec 31% Jan % Jan 14 Vs Jan 12 Jan 3 14% Jan 31 13% Dec 12 % Jan 13 14Vb Jan 7 17% Jan 25 15 % Jan 181/4 Dec 18% Jan 21% Dec 20 % Jan 13 22% Jan 11 Feb 28 Dec 26 Jan 13 28 % Jan 5 28% Jun 6% Feb 9 Va Oct 13 8% Jan 5% Sunbeam 10% Jan 3 9 Sun % Feb 90 Jan 96 Sep 95 Va Jan 2Q 96 Jan 12 52% Feb 66% Oct 55 % Jan 25. 60 y8 Jan 9 117 Jan 9 Jun 15 122 Dec July 118% Jan 14 Dec 11% 10% Jan 25 9 Class 3 Sum ay 16% Jan 30' 17% Jan Jun 2114 Sep 19 Jan 25 22 Feb 3 Feb 60% Dec 55 Jan 25 60 Jan 10 7% Mar 127 12 % Jun 227 Jan Sep 9% Jan Dec 3 195 Jan 814 Aug 14% Jan 10 % Jan Jun 41 Va Dec 38% Jan 27 106% Dec 108 % Dec 107 3 Jan 12 Jan 4 Sunshine 11 Jan Superior 71/4 Feb 11% Nov 10% Jan 4 % Feb Jun 36% Dec 34 Jan 13 37% Jan 28 SVA Jun 12 Feb 9% Jan 3 23% Feb 1 9 4%'7c 2 27% 23% Feb, 3 83% Jan 10 17 VA Aug 24 % 76% Sep 89 35/« Jun Jan 19% Jan Mar Jan 4 5% Jan preferred & Co— 15 1,300 37% 37% 38 % 5,400 99 *98% 99 *98% 99 99 99 32 32 Va 3,800 14% 14 % 14% 20,200 13 13 *17% 18 17% 17% 17% 17% 17% 21% 22 17% 21% 17% 22 Vo 17% 600 21% 22 27 21 % 21% 27% 27 Va 21% 21 Vb 27% 27 Vo 16,900 27% 27 28 27 % 28 VB 58.400 27% 53 120 10% * 3,800 9% 3,700 98% 10 57% 3,600 58 118 % 57% 120 *119 120 20 11% 11% '13% 16% 17 % 17 19% 17 Vo 17% 19% 17% 19% 21 21 56 56 21% 21% 22 56% 56 Va 56% 56 56 % 56 Va 56% 2,400 9% 4,700 56 9% 39 39% 37% 12 107% 107% 11 9% 9% 214 12 10 214 12% 9% 215 12% 9% 209 12% 9% 209 213 119,600 4,200 12,800 10% 213 10% 900 11% 10% 11 40 *38% 108 9% 214 10% 11 39% 1,500 39% 39% 40 39% 39% 103 % "107% 108 10% 39% 10% 11% " 10 11 11% 58 57% 119 59% 9 16% 213 37% 118% 58% *96 9% 98 11% 11 *10% 120 *118 % 57% 5 7'/a 9% *96 2,800 11% 212 25 57 54 % 9% 97 13% 19% 11 107% .% 57 54 % "9% *95% 13 16% 214 *38% 54 9% 97 13 10% 55% *10% 54% 70 13 13% 16% 10 *210 12% *19% 17 19% 9% 9 *96 56 *118% 13 53% 9% 96 55% 120 13 54% 9% 96 55% *55% 13% 53% 9% 96 *118% 10 200 18 21% 4.16% (The) 14% 30% 32 55% 25 2 15 99 100 Sweets Co of America Swift 14% 37% 14 9 _50 — 300 14% 37% 31% __10c - 14% 37% *98% *95% 12.50 Co. 30% 14% 37% 14% 10% Corp— *93% 30% 14% 37% 32% 19% Paper 500 30% 15 14 *16% Swift International Ltd 108% 103% 108 108 500 108 360 10% 11 11% *10% 11% 11 Va 37 36% 11% 11 36% 36 % 11% 36% 2,300 35% 36% 35% 36% 6,400 x36% 12 12% 12% 12% 12% 12% 12% 21 22 21% 22 22% 12 Va 22% 12V« 12% 22% 82 *81 % 82 22% 36,400 82 Sylvania Elec Prod Inc com__No par $4 preferred No par 3 74 6% Nov* 11 Steel Sutherland 18 Jan 109 Superior 4 400 7,600 50 37% 37 30% *49% 32 25 Mining Co Oil of California.— *29% 14% 25 s 49'/a *49% 30 32% 1 Inc 49% 50% *29 9.800 19 Va 14% .100 Biscuits 50 *49 30% 19 32% 1 preferred series B 19 Shares 14% common preferred series A 18% 27 % 102 32% preferred Corp 19% 27 101% 13% 53 No par 4 % 'Jo 11 41 4%% 13% 19 27 102% 32 26% No par 4%% 17 11% Jan 224 A preferred 26% 102% 13% 21 Va Corp common- 26% 102 % 32 *17% No par common Oil Sunshine _ 10% Jan 4 30% Co 26% *101% 18% the Week 13% „1 Corp 26% 102% 49 % »143,i 99 13 __20 : 26 % 19 Sales for Feb. 3 $ per share 32 No par Corp series .A Oil Jan 16% preference Chemical $4.50 Sun 12% Feb xl22 36% 17% prior Stone & Webster Sturiebaker 15 Friday Feb. 2 $ per share *101% *29% \ 37% "98% <J 3 59 100 26% Thursday $ per share 4.9% 30'% 15 $ per share 102 16% 49% 37% 5 26% 102 19 *29 a_.,_1 preferred Stevens 4 Feb 16% Inc common 26% 49% No par $ per share 102 19 50 P) & Co Inc.— r__15 Stewart-Warner Corp —2—.5 Stokley-Van Camp Inc common 1 . 12% 45% Jan Feb. 3 *101% 1 common S Stores PRICES Wednesday Jan. 31 26% 100 preferred: L SALE Tuesday Jan. 30 $ per share common—10 Spring (The) Bros 3%% 9 Jun Jan Dec Steel convertible Sterling Drug Inc 9 V: 52 Ohio Sterchi «v>, 34 of 11. 99% Jan 27 Oil HIGH Monday Jan. 28 preferred series A 28 Jan 39% Jan 10 Standard AND (571) Saturday Par 102% Jun CHRONICLE LOW STOCK $ per share J»n 10 YORK EXCHANGE 12 x27 FINANCIAL STOCKS Year 1949 Lowest & 22% 82 23 V2 82% *81% 23% 23 Va 32% 82 56,200 83 6% 82% 82 % 6% 480 6 % 6% 6% 7,000 12 VA 12 % .v ■Symington Gould Cofp——...l ; 6% 6% 6% 6% 6% 6% 6% T 9% 2% Jun 12% Dec Jun 13% 6% Jun 49% Jun 18 113A Jan 5% Jan 23 6% Jan 3 (James) Telautograph Corp 3 18% Feb 2 Tennessee Dec Nov 65% 9 17 Nov 59 Jan VA Jan 25 15 VA Jan 12% Feb 13 Talcott Inc 1 62,% Jan 9 Texas Co 17 • 9 Texas 9 Jun Jun 70% Dec 69 Jan 3 16 Vb 73% Feb 3 Texas Jun 26 Nov 21 Jan 23 23% Jan 9 Texas Pacific Coal Texas Pacific Land 33% % Feb 58% Dec 533A Jan 36 3 59% Jan Jun 48 Dec 45% Jan 9 48 Jan 6 8 Jun 11% Jan 10% Jan 3 12% Jan 31 16% Jan 31 8% Jan 10 13VA July 15:f4 4-% Mar . 25% Jan 8% 14% Jan Nov 3 7% Jan 3 4% Apr 32% Aug 30 % Jan Dec 12 14 Jun 35 " V 4 Gulf Sub 9 share Texas Inc $1.25 3 32% Jan 25 6 13% Jan 17 The 5% Jan 3 6% Jan 11 Thermoia Ry Co Fair 14% Oct 36% Jan 4 38% Feb 2 7% Jan 3% Jan 5 4 % Jan 6 17% Jan 3 19% Jan 11 Thomas Steel Co 13 7% Jan 10 Thompson (JRl Thompson Products Jun 20 Jan Nov 6 9 Mai- 7 Jan 34 VA Jun 56% Dec 52 Jan 13 84 % Apr 95 Dec 94 % Jan 4 Oct 3% Jan 3 ' 55% Jan 96 18 Jan 6 4% Jan 9 2% May 23% May 40 Dec 38 Jan 13 42'A Jan 25% Jan 22 Jan 3 24VA Jan 4'7c 9 19% 30 4% Jun 10231, May 13 VA Jun 32 % 107% 19 Nov Dec 105% Jail Jan 5 34 106 Jan Jan 16 % Jan convertible Avenue $3.50 5 $ per share 10 Lowest $ per share Jan 10 Range Since Jan. 1 Highest 16% Dec Jan 17% 11% Jun 16% Feb 9% $ per share 14% Jan 3 15% Jan 3 Dec 98 V Dec 2 Feb 108% Aug 15 VA 8% Jan Oct 9% ■ Jan 19VA Jan* 32% 25% ■, Jan 98% Sep 4% Dec 37 VA 4VA 10% 34VA Jan 20 Jun 11 Jan 15% 16 72% 72% 72% 73 72% 73% 6.200 23'/* 23 23 23 23V4 6,300 55% 56% 3,500 1 56% 56% *46 V* 47% _50c 12% 12% 16 7% 56% 56 57 47% 47 V* 47% 12% 12%, 12% 12% 16% 16 % 16% 7% *31% 7% *31% *12% 13 5% 5% 38 VA 4% *18% 6 4% No par *52% *94% 96 n com__No par 4% 4% .—No par 39 VA 39 VA 24 10 *105% 5 24% 106 *105% 15% No par 15% 34% 6 36V2 Jan 15% 18 4% Jan 7VA 700 54 Va 3.000 96 4% 14% 35 35% 34% SALE , 24 com„No par preferred. • 23% No par _ *35'A No par Twin City Rap Transit com..No par conv prior preferred.——__50 27 5'.0 9 Twin Coach Co.. 23% ; 24 1/B 103 9% 102% 102VA 9% 34 5VA 33% 5VA 5% 35 VA 6,700 • 16% 17VA. 17% 70.600 18 18% 18% 18% 11.000 17 VB *16% 17% 400 9% 34,000 9-8 91/4 107 Vb 23% *102 17V4 121/4 9% 9V4 108 12 12'A 24 1071% 24% 12% 108 270 12% 10,200 24% 24% 36 12,900 *35 36 *35% 3 6 VA 103 *102 103 ' 24VA 9% 33% 102% 200 9% 9% 9% 1,200 32% 32% 32% 5 Va 33% 5% 100 102% 9% 5 VA 5 Va 9% 5% 33 610 ' 51/4 for Shares *17 » 17% 1071/4 *351/4 34 5VA 35 8.3O0 Sales 9% 34 13,800 the Week 9U 35VA 9% 130 14% 24 Feb. 3 12 24 9 34 34% *4% 24 106% 14% Thursday 1071/4 12% 102% ,*102 ' 108 35 % 23 % *105% Friday "8 3 6'A *35VA 9% 34 —-__1 — 24 36% *102 23% 106% $ per share 107% conv 900 $ per share 107VA prior preferred 2.200 Feb. 2 *107VA Century Fox Film 140 4% 41 S per share a'/4 20th % PRICES 9% 32 4% 40 Feb. 1 9Vb 108 x23 Wednesday •< 9 % 12 VA •* 35% 9 VA 108 : 15 17% 12% 40 VB *105% 16% 16% 17%18 Va 12 4% *39% 24 16% 12 4% 40 17% 5 *7 53% 18% No par 700 96 15% 9 600 53% 18 V A .. 7 140 Vb 18% 96 4% I 4 18% 96 16 VA Co 7 38% 52% 106% HIGH 3.300 *4 18% 15% $ per share 16% 4VA 4 23% AND 200 6 3A 6 VA *38 *105% Tuesday 13 VA 53 *16% $1.50 Jan 16 V4 6% 38% 18% 7% *13 400 96 18% $4.50 6 16 VA 6% 4% 17% . 7% 38 19 17% 5 3 6VA- Jan 16 VA 6 Va 38 *16% 5 34% Jan 2 13% *7% At- Jan. 31 $ per share 317/A *13 17% * 29% Jan Corp $ per share. 370 *31% 13% • 35 , 400 32 Va 7% 31 Va <<7 15% Jan. 80 7% 31 % Va % 24 VA 106 34% Monday Jan.28 2,000 17% 10Vb Jan 5 Saturday 16% 40 15% LOW STOCK f6% 7% 96 4l , 24 34% 16 Va *52% 4% 106 . 16 17% Jan 103 40 % 24% 34% 34% 4% 106 8.000 16% 19 53 15% 12% *3% , 96 40 47 12% 6 % 7 52% 96 4% 40 24 No par Axle 7 52% 4% 58 47 12% 38 f 19 96 *94% 56% 47% 12% *7% 4 *18% 7 VA 52% > 56 47% *13 38 4 19 7]/a 53 100 4% *18% 7% 55% 12% 6 Vb *37% 8,600 47% 31% 13 6 38% *3% 19 *7 6 *37% 7% 32 13 16 VA 16% 16% *31% 16 12% *46 * *7% 32 13 *37% com 7% 32 13 1 " 56% 46 % * 16 V* —50 _ com preferred 27.000 22% *16% $6 62 72 VA _ Truex-Traer Coal 61% 22% 5 26 61% V2 71% 100 Bearing Transamcrica 400 2,300 22% 15 YORK 700 5% 18 % 71 % Transcont'l & Western Air Inc 31 25% Jan 6 V4 Jan 11 15% Transue & Williams Steel No par Tri-Continental Corp common —1 5 Jan 12% Jan 13 Jan 8 Nov 108 3 102 Nov Jun 18 9% Jan 3 Jan 35VA Jan Dec Jan 24 23 Dec 103 - 13 104V4 Jan 10 19% Jan ' 60% 12% 22% Rot 3 V2 15% % 5% 18% 71 VA EXCHANGE 17% Feb 60 15% 12 5% 18% 22% Sper share . 13 16 % Jan Feb 6% NEW Highest 60 60 % 15% * 12% 18 71V A STOCKS Year 1949 % 5% 18 60 VA 2 12 5% *17% 22% _ $3.75 preferred Roller *5% . 71 Vb Corp.No par prefereuce Timken .' *22% 1 iThe) Timken-Detroit 12% 10 preferred Transit preferred Range for Previous Lowest 16 No par Tide Water Associated Oil 11 36% Jan GOV 15% .No par Thompson-Starrett Co 25 3 25 14% Feb 43% Mar 60 VA 15% _ __ _ 41% $2.50 17% 60% _ _ ... Jun JThird 5% 17% 15% common Mar 1% *5% No par Oil preferred Co 12% 5% 17% 59% Thatcher Glass Mfg Co common...5 $2.40 conv preference No par 12% Jan Oct' 12% 5% 17% 18 Trust— common conv Jan 6% & certificates. Pacific & Tetion 12% 5% *17-% L—_10 Producing Co Gulf Sulphur—„ Jan . _2n —.— 11% Nov 12-% *5% —5 ; 56 18% *11% .5 ;c Corp 5V4 1,700 U 6 Vb 10% Dec Nov 46 Jan 10% Feb 12% Apr 12 Jan 19'% Jun 31% Jan 26% Jan 133% ' . Jun 39 1C7 Jun ' 86 Ve — 45% 112 Nov Jan 94 •»« Jun .731/4 Dec 104'A : Jan 19Va i!' Union Asbestos 29% Jan 6 Union Bag & Paper Corp Jan 13 45% Jan 2 112VA Jan 30 90 »A Jan 30 103 — Jan 25 Vb Jan Oct Jan 106% Jan 9 3 Jan 13% Jan 25 15% Jan 5 81 VA Jan 28 86 VA Jan Dec) 30 Vb Jan 26 32 Va Jan 5 106 % ' Dec 106 Va Jan 3 8 Jan Jan 2'A Jun Jun 45 Jun 14 J A' Aug 40 Dec 3% 40 17 Oct 3V4 Jan 3 47,1/a Sep 44% Jan 3 3Va '• Dec 9VA 3% Jan 3 . 42 Jan 10 4 Jan 12 48% Feb 1 Jan 11 9% Jan 17 4 Dec 8VA Jan 13 Dec 64% Jan 16 71 Jan 16 Vb Jan 4 18 VA Feb 3 40VA Jan 13 43% Jan 531/2 Jan 13 60 42% Dec Jun 55% Dec . July 19% Dec 17% Feb 1 Feb 26% Dec 26 VA Jan 27 9% Mar 13 % Sep 12% Jan 3 Feb .. - 19V4 Jan 11 Jan 3 12 30 VA Jan 9 30 Tb Dec 27% Jan 25 102'A Nov 101% Jan 3 Jun 17% Jail xE9% Jun 116% Dec 175 Jan 187 Oct 15 !A Jan 110 Jan 26 23 S 4 187 VA Feb 2 3 10% Jan 11 4 54 'A Jan 10 , Tr U 9 U U 9% Dec 8% Jan 10 10 Feb 3 Dec 28% Jan 9 32 V4 Feb 1 16 VA Oct 52% Jan For 17% Feb 3 8% A pi- 8% Jan 18 8% Jan Jan 44 VA Jan 27 49 VA Jan 10 72 Dec 70 5 71% Feb 3 U 9 49% footnotes see page 2.0. Jan No par _ 84% 86 5,400 50% 51 % 51% 51% 33% 32% 32% 33 33 2,100 1,000 26% 26% 26% 26% 108% 108% *108% 15 VA 14% 15 14 % 15 VB 18,400 82 82 *81 % 83% 900 108 VA 9 36% < 43 *41: 108% *9 36% 36 36% 42% *41 3% > 3% —'4—1 9 9 70 16% 17 17% 17VA 17% 41 % , 1 41% 41% 42 41% 42 57 57V4 56% 8% *68 18 17% 18 26% 26% 26% 13% 13% 3% • 23 3% f 6,700 49% 230 3% 102,200 3% 3% 500 20 17% 17% 17% 17% 18 V* 6.700 41% 41% 41 41% 42 1,400 57% 57 VA 57% 59 59 60 15,400 17 % 17% 17% 18 Vb 41,600 26% 27% 27% 27% 13% 13VA 23 VA 23 22% 22 VA 28% 28% 28 28% 16.300 13VA 13% 13 13% 13 13% 13,500 21% 22% 21% 21% 21% 21% 20,800 21% 22% 21 VB 21% 21 y« 21% 17,000 27% . 2-8 % 28 Vv8 29% 29% 30 14.400 *103% 105 ' 105 *103% 16 15 VA 112% 114 186 *184% 105 103% 16 *15% 104 *103% 105 15% 15% 115 114% 115% 184 VA 186 16 113% 184% 18G 186 187% 187% *9 VA 9% 9 9% 9% *50 Va 51 50 Va 5 OVA 24 23% 23 % 23% 24 4.600 9% 9% 9% 10 6.000 23 'A 23% 23 "2 23'A 23% 9% 9% 9% 9% 9VA 9% ■29% 30% 30 % 30% a 31% 32 "4 1 16% 16% 17 "A 17 17% .10 *8% *8% 8% 8% *81/4 44% 44% ; 45% 71 71 , SO 3 4 17 .313 17 *8% 44% *69 T 220 9% 50 VA 9% 71 6,500 189 9 V'8 23'A 44% *186% 400 50 % 9% *70 50 15 3/4 115% 9% 23 V A > 15% 115 511/4 *50 par 8% 105 *15VA 114 No par 17 *103% 16 114 115 Industrial Chemicals.—No par S Leather Co common. No 20 8% 70 17% 22% 9% .i.ilO 8% 70 26% 13% 51'A Pipe &: Foundry Co Playing Card Co 8% 70 17% 22% *184% — 100 3 % 48 V4 26% 23VA *9 _ 44 3% * 17% 23 *50 common 3,100 17% 57 34 22% 100 preferred- % 50 2,600 26 VA 28 VA. 112% A 8 3,300 1-7% 22% *15% S * *68 • 8% .26% - 13% ' 8 VB 70 100 X41VA 28 < *103% com 8% *68 ' 23 20 _ 8% 70 57% 57% 17% 26% .No par _ 9 31 11.900 36% *36 3% 4.9 % 27 VA 110 109% 8% *42 3% *48% 9% U S 43 3'/a 48% 51% Co 30'% *108 9% 3% *9% Lines 30% 108% 9 V'4 48% *50% S 30% 108'A - 3% 3% 85 Vb 109 % 3% 5 S 9,100 48 i/a 3 VA 16% 1.1 No par ... class 26% 3% •68 .No par _ common Machinery conv 26% 48 VA 100 4%'v' U Theatres.^ pieferred. Partlc & 26% - _ preferred.. 60 3% 69 VA *68 5 preferred Hoffman 41)-1 25% Jan 30% S 3% 103% 14% 109 % *41 90 103% 49VA *48 20 103 % 26% - 36% 42 92 *108% 9% 3% 98% *91 51% 82 36 VA *96 *51 • 31 3 6 VA 210 98% 92 84 82 35% 26,900 26% 30% 9Va >7.800 44% 112 26 Vi 31 *108 28% % 84 VA 83 9 VA . 91% 1031/4 30 VA VA 109% 42 *96 *103 44 1111/* 84 32% 9% 3% *8 VA L__100 interest.: Freight Co. Gypsum Co $4.50 1st *108 49'A 3% common —1 . Foreign Securities S 8% Jan 3 & U 46% Jan 15 VA Jan S of U Jun Jan 3% 98 VA 91% 28 44% 112 26V4 ^ * **48 44% 111% 83 81 9% *90% *103 44% 112% 15i/e 31 109 44 VA 109% 81 VA *107% 3,100 28 y4 14% 30% 41% 9 182% Jan 13 ^.No par 28 Va *108'A 81'A , 2,900 12% 14% 31 *38% Paramount 110 14% 36 . 1031/b 8IV4 9% Co 9 OVA *102% *108% % *35 VA Certificates U 14 90 VA 103 VB 31 No.par — 109% Corp—.10 4 Sep Jan 14% Co__—-1—„No par Fastener Corp—No par 24 Jan 23 ... Carton *108 VA 10 Carbon Jan 10'A Oct & 100 100 America preferred Board 1 .... of 17 57 26 VA preferred Biscuit 120VA Jan Jun Jun 26% Jan 3% 7'A Jan 26% 105 15% 11% 25% preferred Inc common Lines Air Dyewood Corp United 24 23% Jan 38 33 26 VA United 3 Apr 511/8 33 United 2 17% 51 VA 33 25% United Gas Corp 10 Gas Improvement Co.._13% Mereh & Mfrs Inc 1 3 211/4 Feb Jun 51% 33 26 7%" preferred 9 21 i/b Feb May 50% 33 common—.5 United Electric Coal Cos VA Jan Dec 6% 50% Corp Cig-Whelan Stores com._30c $3.50 convertible preferred .100 United Corp (The) without div 1 27% Feb Dec 43 *50 VA '*32% . Aircraft Fruit 25% 12Tb 84% 90% 102% 1,600 42% 12% -*96 26% 83% Engineering & Foundry.—.5 26 Feb 26% 84% United Jun Mar 26% 83% United Jun 18% 2 6 VA 83 VA 3 19 84 .26 Vz Co common: 12 19 Vb : 26V4 California 90'A * 11 42% 12% *111. 98'A 83 VA _ United United .- 10% 42% 12% 28 44VA 10% 43 12 VA ' 111 VA 50 of United-Carr 14 "A *96 25 $4.50 18 Jan Jun 18 VA United United 22% x441/4 - 1 70 34% 16 Jan 43 111% 96 90% %% 11 Jan 96 103% United 28 37 9 8 VA 90% 5vV convertible 9VA Jan 25 *96 103 VA United 4 No par non-cumulative preferred—50 Car Co. No par- 4% 108 VA Feb 3 34 28 VA No par series Union Tank 7 31% 28 10% 43 .No par United 18 Oct Oct 3 VA Dec 3%, Jun V 110 1 10 Oct4 Jan 40% $3.50 $4 20 9% i series.. Preferred * 28 44% Preferred 51% Jan 27% 112% 3 27% Jan 27% 43% 5 33'A Feb - 27% *111 Va Jan 3 12% 43% 103'A Feb 13 * 43 12 V A 112% Union Pacific RR 50 11 42% 1.2% 43% 9 3IV4 Jan 11 43 12% *111V4 series.: 88 VA Jan Feb 11 43 12 V A Sc'Carbon—No par 25 Jan 11 43VA pfri $4.50 ser.LNo par 82% Jan Dec 11 VA 43VA No par $3.70 Union Oil Jan *11 *12% ' Carbide Preferred 5 38 % 1 ;l 92 Union 1 No par Rubber Co...__5 &r Un El Co of Mo 30 14% Jan 1 Jan Coip 27% Jan Jun 20% 9 11 96 24 29% Jun j j Underwood 10 85% • Jun 4% 11 13% Jan (The) 25 109 VA Feb 103 1. 44% Jan 3 Corp 25% Jan 51% Jun 61% 2 13 Jan 27 Jun TOVA . 1,' 42 96 36% • 20VA July ; t Udylite 89'% Apr 30% 20 32% Sep Jun 48 11% Jan 111 Vb Feb Aug ' 25 VA * Aug 96 4 42% Feb Dec Jan Jan 94 IOV2 Jan b 45% 71 VA 44% ♦70 8% 45 71% VB 32 32% 17 17% 400 50 32 32 10.000 17% 17% 21,300 * *8% 8% 44% 45% 45 3 b 45% 5.600 *70% 71 % 70% 71% 500 8 Va 8% 19 20 Monday, February 6, 1950 CHRONICLE FINANCIAL COMMERCIAL -& THE (572) "V • N . $ per Lowest Highest t per S per share 4' per share share 24% Jan 30 Dec 937/2 31% Aug 43 Jan 3774 Jan 112% Jun 133 Jan 33% Oct 46% Apr 62 Oct 72 Mar 25 Apr 2074 JUn 26% Par U Jun 1407a 3 3 4274 Feb 126% Jan 18 13074 Jan 37'A Jan 13 40% Jan 2 67% Jan 21 3 30% Feb 25% Jan 13 139 Jan 4 21 Jan 142 8'x 3 22 4 21 % Feb 3 Jan 44 74 Sep 41% Jan 5 43 Jan 11 Feb 674 Nov 5 74 Jan 26 5% Jan 5 11% Jan 10 Jun 11% Nov 1074 Jan 3 Apr 92 Dec 95 Jun 4 Jan 12 7iz 3% 19% 100 Jan 3 4 7s Jan 11 24 27% Jan Jan 11 574 Jan 15 Jan 17 74 Jan 9 7a Sep Jan 25 74 Sep 23 Jun 161 156 170 Mar 7 Feb 12% 16 3 Jan convertible $6 9 Jan Feb Jun 26 3 27 39% 39% 3834 *66% 67% 141% '141% 28 No par 141% 10O No par 4r'c 10% convertible preferred i 29% 29:% 2974 141% 141% Xl40% 140% 30 30 220,600 140 3/8 1,00J 21a4 21% 21% 4274 *4174 42 V* 110 5% 5% 5% 53/4 2,000 10% 10% 10% 10% 10% 10% 10% 10% 1034 103/4 1,600 *97 % *97% 101 33a 3% 2674 *15% 15% 15% 16 166 Jan 28 13 11% Feb 2 27 11 166 *97% 3% 1574 153„ 15% *15% 4% 4% *4% 23% 23 7« 165 166 165 *163% 167 10% 163% 10% 26 *1574 100 15% 200 4% 2,200 1,200 *164% Dec 59% Jan 3 17 Jun 25 % Apr 20 % Jan 13 2374 Jan. Nov 11% May 9 Jan 3 1074 Jan. 12 20 y8 Jun 27 Nov 26 Jan 3 28 Feb 10 Feb 13% Jan 12% Jan 3 Jail 25 Oct 20-t, Jan 85 74 Mar 97 Dec 98 85 Mi 98 Dec 98 110 167 11% 11 11% 117'a 11% 6174 10% *61 6174 61 61 22 22% 2,800 1074 3,500 10% 100 *6074 Vanadium Corp of America__No par 64 5,400 233/4 1 2174 21% 21% 21% 21% 21% 21% 21% 21% 22% "9% 10 *9% 10% 9% 1074 9% 107a 10 1074 10% 2774 277k 27% 27 2774 27% 27% *27% 2734 27% 10,300 28 4 74 \'o Jan — 374 26 4% 164 16374 2,900 23% 5 2374 2374 163% *24% 15% 4% 5 23% 23 3% 3% *2474 5 *97% 100 3% 26% 23 4% *9774 100 3% •24% 374 23 4% 23% Jan 21'% 42 26 •24% 4% 21% 42 101 3% *24% 15% *15 21 % 427-4 21% *42 28 *22% 43 7'a 800 30% 14074 21% 1 —100 2874 141% *41% Universal „ 28% 3,100 59i Universal Leaf Tobacco corn—No par preferred 67 538 9 6174 Jan 1,010 39 66% 5% 9 Universal Pictures Co Inc com. 38% 66% 141% 2874 142 130'/a 38% 66% 5% 3% *26 _1 Universal-Cyclops Steel Corp 130 38 7» 5% 101 3% 50 130 39 67 21% Jan 8'*? 129% 16,200 42% 10% Jan Dec 129% 38% 67 67 8,100 42% f>3n 10% *97% 2 Laboratories Inc 128a4 26% 94% 4274 21% x25 3 129 38% 42% 42% 25 4% Jan 41% 5% 5% No par 12834 129 2674 *92 9474 42 % Shares 42% *42 1 preferred 28% 21% .21% preferred—25 United Wall Paper Lie common 128;% 129 the Week i per share 26 74 *92 41% 67 United Stores $4.20 non-c 2d pfd—5 Jan Oct 3934 67% 28% United Stockyards Corp 3% Jan 27% Feb 21 39% *6674 share 25% 94% *92 41% 41 41% *128% 41% 1 41% 26 74 25 3 4 25% 94 Sales Feb. 3 Feb. 2 $ per share }• per share 25% *9174 50 50 — non-cumulative 26 94 100 — preferred 1 <Jb $ per share 25% *91 41 Va com —_ U S Tobacco Co common Jan 4 74 2% Ref & Min U S Steel Corp commonl'-o $ per 25% 94 —10 7To preferred 3 18 Viz Nov ,—100 1st preferred non-cum $ per share *25% *91 1 Corp common preferred series A U S Smelting 10 Jan 38% 87a Plywood U S Rubber Co common 20 66% Feb Jan 80 S 3%/p Dec 129% 297/2 Jan Feb. 1 preferred for Friday Thursday Wednesday .- Jan. 31 Jan. XO Jan. 28 share Nov 19% May >82 Tuesday, Monday Saturday EXCHANGE Highest PRICES LOW AND HIGH S ALE STOCK YORK NEW Range Since Jan. 1 Year 194 «> ': RECORD STOCK STOCKS Kauge for Previous Lowest YORK NEW 1 10% 10% ■62 *6072 10% •6074 62 62 *61 100 V " 7% • 20 Jan 33 V* J""Jan 100 v ' Dec 11% Jun 5 82 Sz Jun 118 Jan 20 Raalte Co Inc 1.4% Jan 9 Vertientes-Camaguey Sugar Co__6% 1354 13% 13% 13% 1.3% 13% 13% 13% 13 74 1374 1374 13% 5,700 26 22% Jan 7 Vlck Chemical Co 21% 21% 21 "k 2274 21% 22% 21% 22% 21% 2274 2274 2274 3,800 10 9874 Jan, 17 Jan 10 98 Feb Jan 27 .147% Jan Jan 10 101 Jan 1974 Jan Jun 117 17 23% July 20 32% 27% Jan. 26 t- 6% 10 27 Va Iron CorI & Coke 4% Jan 12 30% Jan 45% 101% '10074 10174 •10074 774 7% 77* 7% 7% 7974 100 10 pfd Nov Apr 29 Jan 13 25% Jun 33% Oct 31% Jan 3 36 74 Jan 31 preferred Visiting Corp (The) 30% Api 28 Jan.11 2974 Jan 17 32 Apr 31% Jan 11 32 Jan 30 60% Jan 56 Jan 13 5774 Jan 30 Wabash RR 47474 14 Jan 18 14% Jan 10 Waldorf 30 74 Jan 17 32% Feb 3 7% preferred 30 Mar 45 Jun 12 Jun 14% Sep 25% Jun 31% Nov 105% Oct 103 Jan 11 104% Jan 3 Dec 31 Jan 13 3374 Jan 12 Walker 7% Jan 4 974 Jan 10 Walworth 25 5 • _ . •22 22% *27% 29% 35 74 • Vulcan Detinning Co common—_20 7 •11574 *22 25 —25 19% 19% 11G *11574 28% 28% ... 45% *10074 101 7% 7% 7% 83% 46y4- 1,500 . 101 . 7% 8,000 833/4 1,500 19% 19 % 19% 19% 19% 16,300 116 115 115% 11574 11574 11574 115% 22 22 *22 22% 2 28% 2974/ *28% 2» V4 19% 8374 19% 7 ..'•A- 8274 V- 1974 19 3k 85 *8374 ; 22 ' 29% 100 28% 29 % . 29 22 28% 22 22 *28% 29% 2974 29% 29% 29% 35% 35% 36 3674 36% 36 3674 '3674 •2.8 2974 *28 2974 *28 29 *28 2974 317 a *31 32 32 32 *32 33 57 300 1,200 37 2974 57 29% *28 *31% 3274 32 22 100 *56 57'4 57% 5774 No par *14 14% 20 83 45% 116 8174 116 *28 - 7% 20 99% 101 *97 101 29% 29% 35% * 82 *97 1,100 22% 8074 80 19% - 100 : 28 33% *10074 4574 •10074 23 % Mar < 101 45% 10174 7 43% *9874 99% 45%. 6% com Virginian Ry Co common 30 46 4574 - '9874 101 46 '*10074 5 partic preferred div 9874 •97 100 Jan $5 preferred 98 % 101 No par com Virginia Elec & Power Co 3 99% •97 45% 374% preferred— 22% Jan 18 •97 101 *97 101 *97 99% *97 997* *97 * non-cumulative preferred__100 Va-Carolina Chemical 11 *27 2.50 Victor Chemical Works common 11 96% Jan 11 27 14% Jan Jan 5% 1 _10 Vk-ks Shreve <Sr Pacific Ry com__100 10 Jan .23 874 Jan 18 Jan 115 26 Dec Jan 99 18% Jan Dec 118 , Van Jan 79 Jan 15 Mi 113% Jun 3 674 Jan 27 Jan 2.50 Norman 45 Dec 47 91 Co Van 3174 29% 29% 36 % 74 1,500 « 2,100 370 W . 101 May 33 21% Jun 0% S%" Jan Jun preferred System * Walgreen Co common_: 4ro No par preferred: 100 (Hiram) G & W No par Co No par xl2 Jun 17% Dec 16 Jan 3 x87% Jun 101% Dec 97 Jan 16 14% Jan 13 1674 Jan 24 Warner Bros Pictures 29% Jan 3 35% Jan 31 Warren 9% Jan 16% Dec 18% Jun 30% Dec 19% Feb 102 Jan Ward Baking 1 21 574% Co common 1 preferred 100 ' *22% 22% 2274 22% *22 Wayne 1 1574 15% 157a 5% 57a Corp : . Pump Co Tobacco Oct 5% Jan 3 6% Jan 12 Webster 27% Jan 24% Jan 13 2774 Jan 12 Wesson Oil July 84% Dec £4 Jan 5 85 7* Feb 2 Jun 23% Jan 2074 Jan 3 23% Jan 18 West Indies Sugar Corp 22% Oct West Kentucky Coal Co Inc 19% Jan 13 21% Jan 4 Dec 2374 Jan 13 26% Feb 1 West Penn Electric 11174 Jan 18 11274 Feb 1 West Penn Power 104% Sep 108% Jan 101% May 108 Dec 4.20% 13 74 Jan J an 14% Jan 25 May 108 72 Jan 108 Jan 4 104 4 11 51 West Va 10974 Jan 26 47aft STOCKS 5 Lowest Highest $ per $ per share Feb 8% - NEW YORK Range Since Jan. 1 Year 1949 9% Jan 41% Dec 40 Jan 12 4474 Feb Deo 16 Jan 3 18% Jan 21 Sep 33 72 Dec 31 Jan 3 35% Jan 26 20 Jun 30 Jan 28 Jan 3 33 Feb 1 70 74 Nov 6674 Jan 3 73 Jan 18 53% Jun 13 21% 102 26% Jun Jan 115 Mar 33 Jan Feb 1 Jan 81 Jan" 3 86 Jan 3074 Jan Feb * 7% May Dec 32% 18% Jan • 15% Jan 16% Jun Dec 32 Jan 5 31 16% Jan 25 5 4,700 20% 20% 20% 2072 20% 20% 20% 20% 20% 20'/a 5,800 4 33% Jan 12 34 Jan *108% 110% *108% 110% •108V2 108% *108 108% 108% 1087a 13 14% Feb White Sewing 3 6% Jan 11 4% Jun 77b Jan X42% Jun 57 % Dec 51% Jan 26 55% Jan Jun 12% Dec 12 74 Jan 4 13% Jan 70 Jun 79% Nov Jun 13% Jan 1074 Jan > 14V 14% 14% 1474 14% 14% 14% 14% 5,800 48% 48 V4 48% 48% 48 48% *48 48% 49 4974 1,500 •1087a 10974 •108% 109% 10974 ►109 109,74 *109 109 74 10 10974 8 74 ' 19% Jan 3 140 Nov 139 74 Jan 31 141 Jan NOV 32% Jan 10 34 Jan 4 21% 44 Sep 49% July 48 Jan 3 11% Jun 18% Dec 17 Jan 13 X59% Feb 72 Oct 69% Jan 9 F*b 51 8% 43 43 7'a 447/4 8,700 18% 17% 18'4 17% 18% 17,400 *3274 33% *32% 874 874 34% *33% 34% 33% 33% •3274 32% 32% X3174 31% 31% 32V4 32 33 33 33 73 73 *71 7274 •70% 71% 70% 70% 71 71 21 21% 21% 22% 21% 23 21% 22% 22% 25% 25% 26% 267k 26% 3274 26%- 26% 26% 27% 12% 100 3174 31% 31% 3274 32 *104%' 104% 104% 104% 104% 104% 105 *22% 2374 23% 24 114 46 8474 84% 84% 84% 85% 3174 3174 31% 31 31 1674 1674 16% 34% 167a 1674 34% 34% 34% - 3474 ; 114 46% 43% 4674 24 '109 114 •109 4574 1674 . 24» 1 85 34% 337a 337a 14 14 14% 5,600 5% 14,700 13% 5 7a 5% 5% 5% 5% 5% 57a 5% 5% 52 51% 51% 51% 5174 13 13 13% 13% 13% 80 " 21% ' loo 140 10 *33 . •79% 82 •80% 82 11 80 *10% •10% 11 •1074 10% 21% 21% 140 < •139V4 21% • 21% 140 140 1374 *33 74 34 , 52 52 52 13 74 n:% 82 10 Va 10%. *10% X21% 22 y8 13974 82 2174 140 33 , 140 139 V* 65 Jim 76 Nov 68 Feb 89 Dec 85 Jan 74 7 Jan 25 Jan Dec 80 Oct 82 Feb 66 ► 4 11% Jan 13 27 ' 72% Jan 79% Jan 21% Jan *13872 143 140 33 33% 33% 50% 507a 51 ; 16,800 /• 10,000 50 50% 507a 5074 50% 19 19% 18% 19'A 13% 19 1874 1 9 7'a 197a 19% *71 71% 71 74 71% 71% 72 •7iy4 ' 727a 72% 72 ya 78 78 7£ 79 78 78 86 *84 86 6 13% Jan 19% Jun 3-9% Dec Jan 13 12% Jan 10% Jan 3 1274 Feb Jan 37 Jan 6 40 Jun 30% May 39% 29% Jan Jan 28 5 3 23 33% D*c 31% Jan 13 4% Oct 4% Jan 6 Feb •Bid dividend. and y asked prices; no sales on 8574 86 80 80 8074 80% 13 1374 *28% 11% 29 *3974 , 40 11% •85 8074 37 30% •84 86 •84 80 80 80 12% 28% 12% 137k 28% 1174 *39% '*30 28% 11% 28% 23% 1174 11% 1174 40 393/4 39% •3974 3oy4 30' 30y4 76% 763/4 7674 13% 30y4 76% 13% 30 y4 13% 133/4 . 12% 52% 12% 4,700 28% 28% 29 4,900 11% 12 12 y4 8,200 40 39% 393/4 29% 29% 29% 29% 800 7774 76 y4 78 78 78% 16,800 13% 13% 13% 13% 13% 14 41 40 4174 32,000 574 4,400 11% 40 - 11% •39% Zenith Radio Corp No par 397a 40% 39% 40% 40% 41% 39% 40% 3974 Zonite Products Ccrp 1 572 5% 5 % 5% 5% 5% 5% 5% 5% Jan this day, tin receivership, or petition has been par rJOV* par 75y4 filed for company's 75% reorganization, a Deferred delivery. 5% 5»/4 600 5,300 rCasb sale, s Special sales. wdWhen distributed, x Ex- Ex-rights. 1,200 23 14 Young (L A) Spring & Wire_No Youngstown Sheet & Tube No 20 80 7'a 2874 283/4 13% 170 80% 12% 13 13 170 80% 31 3 3% 86 5% Jan 26 78% Feb 20% July *83 41% Jan 30% Jan 13 3 77 13% A 72% Jan 11% Jan 25 :_i 50 convertible preferred 78 No par 26% Jan Dec Jan 4%% 7774 78 79 Youngstown Steel Door Nov1 77% 14% Yale & Towne Mfg Co York Corp common— •77 20 28% 10% Jun ; *71 30% 75%-' 13% 16% Jun 53% Jun 100 90 700 33 50 74 1974 * 71% series 9,600 33 49% pfd 4 % % conv series 100 Wright Aeronautical—. : No par Wrigley (Wm) Jr (Del) No par Wyandotte Worsted Co : -5 9 Jan 12% 8 19 89 Feb •8% Prior preferred 4%% 100 200 22 1974 Prior 600 16,500 10% *10% 21% 49% •33 74 33% 100 82 10% 8,400 4,500 13% 80% 10 Co 33 74 33V4 400 - 52 1374 * No par (F W) Common 24 82 *51% 13% •80% 22 5% 5% 33% 50% Iron Co 320 8574 34 34 y4 13% 52 4,900 34 Va 13% •30% *84% 600 47 '34 13% *33% 46% 16% 13% * 500 114 31 13% 34 '109 24 ya 16% 13% L_No par 73,300 105% 31 34% 13 33 20,500 25,100 16% •33% *517-4 300 / 3174 13% • 2,100 717'a 167a 34% •33% *23 7'a 46% t 85 *13% 34 x32% *104 400 32% *30% *33%J34 % 1 10 1674 34% ►109 33 105 3274 *70 34 ' 45% *30% 31 1674 114 - 84 33 % *30% 23 45% 45% 4574 83 7-4 20 10 •109 114 *109 20 com 32 24 3174 *22% ' . 105 105 237-4 31 " 12.50 100 - 33 Worthingt-on Pump & Machinery 19% Jan 20 4,900 22% 25% No par preferred Woolworth 3 8% 417a 347/2 No par 6% I per share 100 No par Woodward 8% 41% 17% pfd series A $4.25 preferred 11 35 8% 41% 1874 common 20 22% Jan Dec Jan share 874 4174 18 5 Wisconsin Elec Power Co Shares t per share t per 8% 4174 t per share 0% 18% Wilson-Jones Co Jun the Week 18% __ 11 22 Sales for Feb. 3 Feb. 2 Feb. 1 18% common 23 128 Friday Thursday Wednesday ' 41 t per share 874 1474 HIGH KALE PRICES Jan.31 Jan. 3(1 8% AND •108% Tuesday Monday t per share 1 2174 Jan 6 330 14% 48 40% Wilson & Co Inc common conv 108% 1474 10974 No par 80% Jan 5 7774 Jan 10 $4.50 108% No par Prior preference 31 108% 18% Wilcox Oil Co 5 8% 220 110% 25% 40% (The S 8)_, Willys-Overland Motors 27,600 112% *103% 14% 100 Machine 26% 1127a 110% 10 White Motor Co 3 36% Jan 26% 112% 1087a 1087a * 1107-2 •108 400 25% 112% - 3,100 48 $5 oonv prior preference—_No par 9 12% Jan 267a 112% 100 _ Lake Erie Ry & 2674 11274 % 1127a 26% 26 112 2674 112 a 41 preferred series B White Dental Mfg '9 Jan Dec 74 574 Jan Jan 25 5 a 112 1087a *108 1 Wheeling Steel Corp com »5 Dec 34 14 3.80fp 12 13 Jan Dec 49% 13 Jan 89% 14 % 22% LOW Weston Electric Instrument Wheeling 44 32% Jun 5 Dec July 28% 85 22 Saturday Preferred series A 6 23% Mar 12% 26 84 22 25% Jan 71 25% 8574 2174 48% 29% 26 7 21% Jan. 28 com 2,100 85 25% 26% Jan 6 Va *G 6 26 21 7a 105 2,300 22% Western Union Teleg class A_No par 13 1.00Q 15 26% Westinghouse Air Brake Westinghouse Electric com 25 5% 6 1,800 14% a 85 4 3074 Jan 6 15 7 . 22 22 3 22 74 Jan 6 % 15 *21% 227a 27% Feb 103% Jan -6 1574 15% 22 "2 *2274 22% 23% Jan -- 1,300 22% *22 14 22 V 3 Dec 5,500 a 22% 13 Aug 1774 24% 14 85 19% Jan 33 16% 24 7 14 25% 2574 Jan 104 17 2454 13% 25% Dec 98% Feb 16% 24% 14 - 84% Jan 20% May 16% 24% 14 8474 24 Jun 8,200 25% * preferred Western Pacific RR 347/a 25% 34% May 2174 non-cum 2nd 33 84% STOCK Western Maryland Ry com 4% 180 30,800 34% *34 15% 25% Par 26 13,400 15% 8474 5 . Western Auto Supply Co 3 16% 8% ___100 Air Lines Inc Western -5 Feb 32% May 100 t per share 13 7% Jan 100 19 100 100 15% 15% 25% EXCHANGE Highest $ per share share Dec pfd 6% *6 25% Pulp & Paper com—No par preferred 100 Range for Previous Lowest 4 oom__NTo par 474% West Virginia Coal & Coke 3 Jan 1 preferred series B preferred series C 4.10% 7 Co No par 5,800 16% 15% 6 5,400 8% •24% 22% 15% 20 32 85% *84% 22% 22% 20% 2012 25% 257a 11274 *112 *108% 11074 2.50 com preferred Nov *15 5 Snowdrift & $4 convertible 115 46 34% 5 7 Dec 34% Wayne Knitting Mills 16% Jan Jan 35% 14 14% Feb 50% 34% 2474 Nov 17% 35% 18% 10174 101 15% 17 17% Jun 15% 14 Apr Dec 15% 19 13% 101% 101 15% 24% Petroleum 191-8 lb Va 18%,, 19 101% 101% 16 16% 11% 35% 18% 101 14% 11 12% 18% 17 22% Jan 27 10874 Jan 8% 24% Dec 13 *31% 874 14 24% 107% Jan 32% 8% 16% Feb 25% 32% 874 *24% 16% Sep 32% 87a 14 % Waukesha Motor Co Apr 32% 8% 16% Washington Gas Light Co_ 9 16% 32% 101 600 1,200 105% 874 24% Warren 5 ♦104 104 3274 14% 9 157* Jan 24' Jan 104 500 14 32% 8% 24 74 1874 Jan 25% Jan 1374 Jan 104 14 32% 32% 5 1 2474 Jan 28 Sep 1474 8% 3 16 74 Feb Dec 57% 31% 31% 32% No par Jan 14% 14% Jan •103% 34 22% 107 104 15% 25% 16% •103% 33 Jun 6% 10* 104 15% Jun 3% Jan •14 31% 317* 16% Jun 78 14»4 31% 5774 14 5 14 X19V4 Jun *57 •13% 32 5774 No par Foundry & Pipe 11% 3 r-% 14 •31% 14 31% 15% 23 7'a 4 14 3174 31% 31% *103% 105 3274 327-4 8% 8% 18% 18% *10074 10174 N ViYlnmp 171 Numhpr TTTT? Number 4879 171 Volume 4879 rrn»/nv/rniT>r<T Bond Record letters In the column TTITAT A UTAT * A » FINANCIAL & CHRONICLE (573) New York Stock co> FRIDAY italic O COMMERCIAL THE The A T headed Figures after WEEKLY "Interest Period" ■ one each case Exchange YEARLY Indicate in decimal point represent or the 32d of more month when bonds mature. the point. a LOW Range for Previous GOVERNMENT Year 1949 Lowest Range Since Jan. 1 Highest Lowest Highest BONDS Saturday Monday Jan. 80 Jan. ;>l Low EXCHANGE AND Tuesday Jan.28 YORK STOCK NEW 21 Low High Low High HIGH SALE PRICES Wednesday Feb. Low High Thursday I Friday Feb.:: High Low Sales l- ch. High Low for the Week High 103.28 Dec 103.28 Dec Treasury 3s 1951-1955 "103.15 103.17 103.17 *103.15 103.17 *103.15 103.17 108.13 *103.14 Jan 103.16 108.13 Jan Treasury Treasury 27/»s 2%3_, 1955-1960 "108.26 108.30 *108.24 108.28 *108.24 108.28 *108.26 108.30 *108.27 108.31 *108.27 108.30 1951-1954 "102.18 102.20 *102.18 102.20 *102.17 102.19 ♦102.17 102.19' *102.16 102.18 *102.16 102.18 Treasury 2%s 1956-1959 "110.12 110.16 *110.10 110.14 *110.8 110.12 *110.8 110.12 *110.8 110.12 *110.10 Treasury Treasury 2%s 2%s 1958-1963 "111.20 111.24 *111.18 111.22 *111.18 111.22 *111.18 111.22 *111.18 111.22 *111.20 111.23 1960-1965 "113.20 113.24 *113.18 113.22 *113.18 113.22 *113.18 113.22 *113.18 113.22 *113.18 113.21 Treasury 2VaS 1950-1952 "101.3 101.5 *101.3 101.5 *101.2 101.4 alOl.l *101.2 101.4 *101.2 101.4 Treasury 2'%s 2'%s 1952-1954 *102.16 102.18 *102.15 102.17 *102.15 102.17 *102 15 *102.15 102.17 *102.15 102.17 1956-1958 ♦105.20 105.22 *105.16 105.18 *105.16 105.18 *105 16 105.18 *105.17 105.19 *105.16 105.18 -__1962-1967 1963-1968 "104.29 104.31 *104.25 104.27 *104.25 104.27 *104 25 104.27 *104.25 104.27 *104.26 104.28 *104.14 104.16 *104.10 104.12 *104.10 104.12 *104 10 104.12 *104.11 104.13 *104.11 Bonds ($) 110.23 Mar 110.23 Mar *103.15 *103.15 103.17 alOl.l 110.13 102.31 Jan 102.31 Jan 104.9 Feb 104.9 Feb Treasury Mar 104.15 Oct- 103.8 July 103.8 Treasury Treasury Treasury 2'%a 102.1 2%s Jun 1964-1969 ♦104 104.2 *103.28 103.30 *103.29 103.31 *103 29 103.31 *103.29 103.31 *103.30 2'%s 2%« Dec 1964-1969 *103.28 103.30 *103.24 103.26 ♦103.25 103.27 *103 .25 103.27 *103.25 103.27 *103.25 8.700 104 Treasury 103.27 July 2%s 101.12 Feb 101.13 Jun Treasury 101.7 Feb 103.2 Aug Treasury 100.18 Jan 103.19 Dec Treasury Jun 1967-197? 103.6 *103.2 Treasury 2%s Sep 1967-1972 *105.6 105.8 *105.2 105.4 *105.3 100.28 Jun 103 Aug Treasury Treasury Treasury 2%s Dec 1967-1972 *103.4 103.6 *103.2 103.4 *103.2 102.30 Feb Jan 102.30 Sep 102.18 Feb Feb 101.3 Jun 102.15 Jan 103.25 *103.20 103.22 *103.20 103.22 *103 20 103.22 *103.20 103.22 *103.21 103.23 *103.21 103.23 *103.18 103.20 *103.18 103.20 ♦103.18 103.20 *103.18 103.20 *103.19 103.21 *103.2 103.4 *103.2 103.4 *103.2 103.4 *103.2 103.4 105.5 *105.4 105.6 *105.5 105.7 *105.5 105.7 103.4 *103.2 103.4 *103.2 103.4 ♦1UJ.2 1U3.4 102.17 *103.4 103.4 2y«s 1951-1953 *102.17 102.19 *102.17 102.19 *102.16 102.18 *102.16 102.18 *102.16 102.18 *102.15 2Y« 1952-1955 *102.5 102.7 *102.4 102.6 *102.5 102.7 ♦102.5 102.7 *102.5 102.7 *102.6 102.8 1954-1956 *105.10 105.14 *105.10 105.14 *105.8 105.12 *105.8 105.12 *105.6 105.10 *105.5 105.8 *104.15 104.17 *104.15 104.17 *104.15 104.17 102.18 102.18 ♦102.18 102.20 *102.19 102.21 7.000 al02.16al02.l6 *102.16 102.18 *102.17 102.19 65,300 100.6 *100.5 100.7 Treasury Treasury 2y»s 2y»s 2'As 1956-1959 *104.18 104.20 *104.14 104.16 *104.15 104.17 102.18 Feb 31 105.4 *103.23 1966-1971 Jun 1959-1962 *102.20 102.22 *102.17 102.19 *102.18 102.20 103.9 1 100.17 104.13 1965-1970 2'%s 2'%s Treasury 2y«s Dec 1950-1962 *102.18 102.20 *102.15 102.17 102.15 102.15 2s Mar 1950-1952 *100.6 100.7 *100.6 100.7 *100.5 100.6 *100.5 100.6 *100.5 Sep 1950-1952 "100.21 100.22 *100.21 100.22 *100.20 100.21 ♦100.20 100.21 *100.20 100.21 *100.20 100.22 1951-1953 ♦101.8 101.9 *101.8 101.9 *101.8 101.9 *101.8 101.9 *101.8 101.9 *101.3 101.9 Treasury 100.13 102.17 Aug • . Jan tTreasury Treasury 101.13 Feb 101.8 101.18 Feb 2s 2s 1951-1955 *101.13 101.15 *101.13 101.15 *101.13 101.15 *101.13 101.15 *101.13 101.15 *101.12 101.14 2s Jun 1952-1954 *101.19 101.21 *101.18 101.20 *101.18 101.20 *101.18 101.20 *101.18 101.20 *101.19 101.21 Treasury Treasury Jan 2s 2s Dec 1952-1954 *101.28 101.30 *101.27 101.29 *101.27 101.29 *101.27 101.28 *101.27 101.29 *101.27 101.30 2s 1953-1955 *103.16 103.20 *103.16 103.20 *103.14 103.18 *103.14 103.18 *103.14 103.18 *103.16 103.19 Treasury Jan Treasury Treasury Treasury 101.8 iy2s 1950 *100.12 100.13 *100.12 100.13 *100.11 100.12 ♦100.11 100.12 *100.11 100.12 *100.11 100.13 1957 *101 101.2 *101 101.2 *101 101.2 •101 101.2 *101 101.2 *101 101.2 1972 *103.8 103.12 *103.8 103.12 103.12 '103.8 103.12 *103.8 103.12 *103.3 103.12 1 International > Bank for Reconstruction it Development 98.24 Jan 101.3 Deo 99.11 Jan 103.16 Dec and asked •Bid rRegistered bond Jan 18 103.12 Jan 19 101 price. No sales 101 Jan 18 103.18 Jan 9 transacted this tlO-year 2%s 25-year 3s day, JCalled for redemption: Treasury 2s March transaction. RANGE FOR Interest Period Exchange -.Last Sale Price WEEK ENDED FEBRUARY 2%s 1957, or Friday's-.. 'Bid & Asked High Feb. 17 / Range Since Sold Jan. L No. Low BONDS New at Interest Last Period York Stock Exchange Sale Price or inday Bid & Low s Asked High 3% Corporate Stock 1980 .June-Dec 109'A 122 1033A 17 June-Dec *64% June-Dec *64% 30-yr 3s *64% 25-year of) 2%s Akershus (Kingdom of Norway) SAAntioquia (Dept) collateral 7s A *70% April-Oct 1945 SAExternal sinking fund § A External sinking fund 7s ser B Jan-July 1945—Jan-July 7s ser C 1945—Jan-July §AExternal 7s sinking fund D ser 71% 94% "l 93% 94% 47'% 5 - . 46% 46 % 48% 46'% 48% 47% AExternal sinking fund 7s 1st ser 1957—April-Ocf AExternal sec sink fund 7s 2nd ser 1957_April-Ocf 47'% 47% 13 47% 47% 47'% 1 AExternal sec 30-year 3s Antwerp Australia sink fund 7s f $ s bonds 3rd sef *47% 1957_April-Ocf 1973 Jan-July (City) external 5s 1958 (Commonwealth) 5s 1955 . ■ 10-year 3'As 1956— Fcb-4ug ' 46 % 46 % 75 95% 96% 95 95 103% 96% 96 90% 89% 90 % 122 June-Dec 90% 90 90% 39 Feb-Aug 90% JABrazil (U S of) Stamped s Stamped f 3.5%) to s Stamped f Plan 1941_ A 1926 to to A Plan A 1957 April-Ocf June-Dec : 1957_—April-Ocf (interest __April-Ocf reduced External to Plan 3.375%) 1979 pursuant to dollar bonds of 1944 33As series No. 1__— A 91% 106% 107% 115% 116% , 80 75 — „. 77'% A Chile sink 56% — *74 57% 75 12 — 55% ■ 57% 73 102% 103 35 U 54% — — — 54% 54% 22 *73 36% 5 23% 30 54 % 54% *76 13 39 39 9 36% 39 30 % 7 28% 30 % 39 39 1 30% 2 36% 39 Feb-Aug d29 28% 30% *39 36% 36% Jan-July Mar-Sepf *29 28% 29 Mar-Sepf *29 ,23% 30 April-Ocf *39 Apxll-Ocf *29 May-Nov *39 29 1962— dollar bonds Mortgage Bank 6'/2s 2-3s 1993 1957 *39 June-Dec 29'/2 23 29% *39 June-Dec 30 1 23% 29% 104 25% 29-% 29 28% June-Dec 1957 ' *29 40 28% — June-Dec 37% 37% 37% 37% 6%s assented 1961— June-Dec 30 % 30% 28% 30% AGuaranteed sinking fund A6s assented AGuaranteed A 6s A7s 6s assented Consol 1961 1961„_ 1962_ 1962— 29 May-Nov 23 cl23% ' Mar-Sepf 80% 28% *29 36% 23% 29'% June-Dec — *57% — — 76 57 57% 51% 53 For Financial FOREIGN Institutions SECURITIES (interest —April-Ocf 52 52 6 FIRM TRADING MARKETS (Plan B)—..—June-Dec "67 % 69 67'A 68 65% 65% June-Dec 65 66 33As series No. 4 65'A 66 June-Dec "66 70 33As series No. 65 % June-Dec 66% *66 70 66 66 33As series No. 2— June-Dec "66 33As series No. 3 5 % 33As series No. 7 June-Dec 33As series No. 8 ___June-Dec 33As series No. 9 69 % 69 'A *67% 71 69% 74'A 67% 69% 69% 63% 64 CARL MAMS & CO. INC. 69% June-Dec 33As series No. 10 33As series No. 11 33As series No. 33As series No. footnotes 73 page 25. *64% *66 66 67 June-Dec ___T. *67% June-Dec 13 'a June-Dec 12 see 69 June-Dec ». 33As series No. 14 For *67% *66% 68 66 % June-Dec 66% *64% 68 63% 63 % — FOREIGN SECURITIES SPECIALISTS 50 Broad 30 36% 30% *39 Mar-Sepf 1960 23% 29 *39 * May-Nov Municipal 7s I960-. assented *39 ApriZ-Oct April-Oct sinking fund 6s 54% 76 28% ASinking fund 6%s 1961 73 53 % 38% 29 54% 73 36 36% 30 '/a 74 53 fund 35% 40 30% Feb-Aug sinking fund 6s 1963 A6%s assented 107% 1961—Jan-July 1961 assented 1963 A Chilean (interest reduced 3.5%) 1978 : funding bonds of 1931 due 1951. Stamped 89% 1 6 *77% ~ June-Dec A 38 115% 116 assented 107 (interest reduced to 3.375% ) 1979 (Central Ry) 1952_; Stamped pursuant to Plan 91% 91% (interest A7s 5% 115% April-Ocf due Plan 3.375% ) 1979 6'/2s of 1927 due pursuant June-Dec 1978 6'As of pursiiant reduced AExternal to pursuant reduced to AExternal external 8s 90% 88% 90 107% 107% Jan-July A 6s Extl 94'% 15-year 3%s 1962 89% 103 94% 20-year 3'/as 1966 A6s 35% *39 29 1961 36 102% May-Nov assented Feb AExternal 104 % 102 1 June-Dec June-Dec 36% 73 June-Dec (Kingdom of) 6s 1955 sinking fund 7s 1955_ 48'% 35 8 102'% 103 10-year 3'As 1957 External 122 101V. 101% *53 ApriZ-Oct sinking fund 6s Sept 1961 A6s assented Sept 1961 AExternal sinking fund 6s 1962_ 48% 46% 26 103% 104 __ 102% 102'/2 35'/2 April-Oct _ AExternal ' 35% 20-year 3'/2s 1967— Belgium 48% ' 102% 102'A May-Nov 1960 101 35 4 1942 A6s assented Jan 1961 47% 47 50 *47% 35% • June-Dec Jan-July A 6s 102%, > 107% 107% Jan-July ARy external sinking fund 6s Jan ' 1945-Jan-JuZy assented 101% 17 35% —Mar-Sepf AExternal sinking fund 6s Feb 49 *47% *47% — A 6s 1 101 A 107% 1954_, AExternal sinking fund 6s 1960 71% 94 % 102% 101 A 27 —' 47'% 94 % 102 % 101% 101% 30-yr 3$ s f $ bds 1978_Jan-JuZy external s f 7s 1942 May-Nov (Republic) §A7s assented • *70% Mar-Sept 8s 102% 101% (Dept of) Val §AChile 1968 4s (City) — 101A 101 % April-Ocf 1960 66 65 14 *34% Feb-Aug, June-Dec 1974 ACarlsbad 65 102'/« 102% Jan-July 4s 64 % 66 *64% 102'/■ f $ bonds 1978-Jan-July 1961 Cauca 64'/2 66 *65 Jlfar-Sept i 64 68 *64% 64% 64 % *65 June-Dec,,-, s 63% 66 June-Dec 1957 Sinking fund gold 5s 1958 Sinking fund gold 6s 1950 25-year 3'As *64% June-Dec — sinking fund 5s (Dominion 64% 64 June-Dec 3%s series No. 30_^— Canada 64% *64 June-Dec 1 3%s series No. 29 (Dept of) *68 June-Dec -. 3%s series No. 26 Feb-Auy 66 67 June-Dec 3%s series No. 25 Caldas *66 'A —June-Dec Li 3%« series No. 28— — 65 65 June-Dec 3%s series No. 27— SAGuarantecd sinking fund 6s 1947 AGuaranteed sinking fund 6s 1948 64% 65 *64% __ 3%s series No. 24 (City) 05 June-Dec June-Dec No. 21 3%s series No. 23 Brisbane 64% June-Dec 7— 3%s series No. 22— Agricultural Mortgage Bank (Colombia) 64% 67% 3 'As series Foreign Government and Municipal High 2 65 18 Low 64% 3%s series No. 19 - Jan. 1 No. 64% *64% 3%s series No. 20 - Range Since Sf.id 65% 64% June-Dec 3%s series No. 10912 June-Dec 3%s series No. 16— 103^ 109 % Bonds 64% 3%s series No. 15 Issue— transaction Week's Range 3%s series No. Transit Unification lot Odd a : High City 180. 3 Friday Bonds 1950 \ Week's Range - Low New York International Bank at 100, . Friday New York Stock 15 • BOND S t 1950-52, March 103.12 St., TelephoneTIAnover 2-0050 New York 4, N. Y. Teletype NY 1-971 THE (574) 22 COMMERCIAL & FINANCIAL CHRONICLE Monday. February 6, 1950 NEW YORK BOND RECORD RANGE Friday Interest Last Period BONDS New York Stock Exchange Sale Price or (Hukuang Ry) Colombia Friday Bonds Friday's Bid & Asked Low AChinese WEEK ENDED FEBRUARY 3 FOR Week's Range Range Since Jan. Sold Low No. High 7 New York Stock A6s of 3s 1928 Oct of 1927 June-Dec 5s 1951— 4% San (State) Stamped 47% •' ' ' - — 47 y„ 47% ' ' A6s (interest reduced pursuant to reduced 84'7/8- A8s secured 80 80 81 37 72 3 81 A7s series B secured 22% 22°/a 23% 26 19% 3 110% HOVi 110% 35 Vi 35 114 (Prov A4'%s 35 35 *50 Vi 54 50 Vi 88% 98% 92 Vi 92 % 92 Vi 85 —Jan-June Fe April-Oct 96 % 54% 84% 85 of) Salvador extl assented County 9(1% 96% 70 85 Vi 93 Vi 135 75 % 35 extl 3 %s 3s extl 1958 Greek bonds Jan 7s 57 Vi *46 52 49 Vi 50 15 11% 11 Vi 11 Vi 12% May-Nov participating paid 1968 Feb-Aug Helsingfors (City) external 6%s 1960——April-Oct participating paid 1964 Free State sink extl 3% to §A7s fund 63 % B Public 1947— Credit Institute AExternal 1952 7s Jugoslavia 30-year 3s f $ bonds s Metropolitan 19 78 62 V'2 Sewerage 1950 146 ^O I 38 A4%s ANew A Mexico O 63% 1943- Small 69 ~3 48 assented 11 Vi 14 5 10%. 14 *130% May-Nov 1979 14% 14% 15 1968 62 62 69 86 Vi 84% May-Nov readjustment *80% 1978—Feb-Aug 1984— 83 351/4 35 Vi 100 Jj 5 American 15 47% 35 *76% Feb-Aug *7% 6% 36 1001/4 A : (1942 agree't) 1963—Jan-July 10% ASmall of sW §A4s of assented 1910 ment) to — 1933 A6s — gold Minas Geraes 8% 8% ~8% 35 8% "3% 8% 8 Vi 8% 160 77/a 67 — 11% -- 2.125% ) 2003— 2.125 %) 2003-'-— Norway *44 — 1957 Municipal Bank extl sink fund 5s (City) (Republic) — 3%s -- — 34 4s A — lilVi 106% 118% 104 103% 104 44 103 Vi 104 105% 105% 14 105 % 105% 3s ... *77% pursuant reduced APeru to to Plan 2.125%) 127% loan extl ANat loan extl jAPoland s s 96% 97% K due March f 6s 1st due March and fixed -- (Republic of) due Dec 97 % 92 92 99% 99% 99% 95% 95% 95% 97% 7 33 96% 97% 95% 7 S'western 98% 96 Vi 96 92 92 1* 98 95 95% 10 3%% Like 89 : ' - ~4 90 — 89 93 105 *103% 106 *41 103 103 105 — — 33 24% 33 4 31 33 div 1 8s 1961 (interest reduced to 4s Beech 103% G4 102% 104 1037/8 104% 68 102% 105 102% 102% 2 102'% 102% 92% 66 90 % 94 97 Vi 43 9.5 33 1966.—Man-July __ 91% 95% 1995— June-Dec % 25% 64% 65 Vi 105 64 158 59% 64% 64 Vi 33 59% 64% 25% 31 22 26 % 136 22 26% Fihfct 46 22 % 26% First . Jan-July ...Man-July $ ft II & West ~8% 1980 M 72% 73 Vi 70 €9% 74% 51 52% 301 49% 53% May-Nov mortgage ref 73% 52% 5% 4s series 4s 88% 88% 89 18 86% 89% 1980..Jan-JwZy 70% 70 71 32 68 Vi 71% 1985_Jan-JuZy 81 Vi 80% 81'% 28 79 Vi 81% 91% 91% 1 90 91% ser A, refunding 1951 D 1951 Jan-July Jan-July ... Extension first 3Vis *100% 1951—-April-Oct 9% "4 9% 9% 8 9% 9% 7% 7 — 9 9 Vi 7Vis 1966 stamped 2.375% ) pursuant (interest reduced A Plan to *31 reduced reduced to Rio Grande do to 2%) Sul A *31 to 2.5%) -April-OcZ Feb-Aug 50% 36 35 ~1 50% 35 ,50 % _Feb-Awy Rochester 45 Vi 34 34 44 *82 Terminal 4Vis first Co A 100 Vi 1C1% 3 101 101% 104 105 2 102 88% 81 102 90 — 83 102 ■' 77 19 75% 53% 56 % 38 49 % 56% 104% 105 % 1 78 *60 *104% 105% 104% 104% 104 Vi 105% 1 101 % 101% 103 % 15 102 Vi 103 Vi 68% 95 101% 101'A ( May-Nov 68% 103 gtd 667/8 *102% 102% 1952.—ApriZ-Oct 5s 9 99 Vi 104% 76 76 53% Jan-July Buildings 122% 99 Vi Ry— 1957 4s 121% 11 104% 102 1975.May-Nov 1955 5s Terminal Pittsburgh 93 100 % 104% •— Man-July 2%s 93 90 100% 99% 1.960—ApriZ-Oct 106 106 63 102% 'j 99% 63% 102% 1 100 106 106 104 106 98 105 39 39 45 % & modified Consolidated Bush *38 -- 1976.. 5 101% 101% 104 Feb-Aug mtge 8 99'% 101 % 101 % — — Vi 45»% — 7 32 C 34% California 1946——April-OcZ Plan Bush 2%s — *52% __ — (interest 1999—, Electric Power first 3s 1976...Jane-Dec California Oregon Power 3%s 1974——..May-.Voo Canada Southern consol gtd 5s A 1962—.ApriZ-Oct -April-OcZ 41% 40% 41% 15 38 % 41% June-Dec 43% 43% 43% 1 43% 43% pursuant to Plan A (interest reduced to 2%) 2012 --—June-Dec external loan of 1926 due 1966 May-Nov 31% 31% 31% 1 31% 31 Vi — 48% 48% — 34% 34% Canadian 34 34 60% *103 104% 104 Vi 1 103 7/a 104 Vi 25 1157/a 116 Vi 10 115% 116% 113% 113% 104Vi ~1 113 Vi 114% 104 Vi 104'% 100 104'% Capital Airlines, Inc— 59 Vi A6s external sinking fund gold 1968 Stamped A7s 50 Vi of)— 1921 mortgage Niagara Elec first Buffalo . Co 7s 1954 — CO (interest 2012— Stamped pursuant to 1953——_ Plan (State §A8s external loan of reduced 2001.— 6%% pursuant — Man-July — *105 — Bristol-Myers Co 3s debentures 1968—__^.AprZZ-Oct Brooklyn Union Electric first gold 5s 1950—Feb-Aug Brooklyn Union Gas 4s debentures 1969—Mar-SepZ Stamped — __ to 2.375%) secured Stamped 38 A 2.25%) 2006 Jan-July •}ARio de Janeiro. (City of) 3s 1946——April-OcZ Stamped pursuant to Plan A (interest AExternal (Ernesto) Buffalo 2001—Jan-July to 1970 99% „ 1976—May-Nov 1979—Jan-July 14 — 121% 122 — mortgage 4s series RR 1960.... Jan-July mortgage 4Vis series A July 1970. May-Nov AInc ABreda 3% *8% 9 % ~8% 1 65% Virginia— mortgage series AC 1967 Mar-Sept mortgage. 5s series II 1955—May-iVou mortgage 4%s series JJ 1961.__—ApriZ-Oct ' 8% -- First First O *8% *14 GO contingent interest) — Consol mortgage 2%s series I Consol mortgage 2%s series J Consol mortgage 3s series K Boston & Maine RR—- 26% April-OcZ 95 63% 2000 Telephone of Pa 5s series C I960—..April-OcZ Loan 2%s debs 19G1.May-Nov 3%s sinking fund debentures 1964 Feb-Aug Bethlehem Steel Corp— 24% Plan 104% 103 63% first stamped Creek General to 104 .Mar-Sept Erie and Consolidated 24% — Alegre (City of) — stamped pursuant 120% *103% 104 Bangor & Aroostook RR— 26% sinking fund gold 8s 1950 131% 119% 104% fixed & First lien Vi 26% A4Vis assented 1963 Porto 127 13 103% 1%% conting. int) Cincinnati division Toledo 99% 5 (3%% 98 93% 32 *101% ' A4Vis assented 1958— —ApriZ-Oct 5AStabilization loan sink fund 7s 1947—April-OcZ A4V2s assented 1968——— April-Oct AExternal 32 1996—__Mar-3cpt mortgage 6% (2%',F general and Pittsburgh — June-Dec gold 6s 1940 128% 1952—Mar-Sept J due Dec 1 1995———.June-Dec A4Vis convertible income Feb 1 2010—.May 34 33 40 96 Vi May-Nov 1960 82 119% 119% — 1 1961—April-OeZ series 2nd series 80 —June-Dec 1 M ' ApriZ-Oct _.Mar-SepZ external 7s 1959..——Mar-SepZ f 6s 78 84 127 __ . 1% G 32 97% 96 % 2008 (Republic of) ANat 76 % B Series (interest A 90 *82 % __ May-Nov July debentures Series — 97 1970—June-Dec External secured ref 3Vis series B 1967—Mar-Sept SAPernambuco (State of) 7s 1947— Mar-Sept Stamped 103 115% 1964 61% — 6 96% 1994——June-Dec ' 103% 874 1963— consol Refunding 4s series A 97 April-Oct — 99 Vi 117% 118% Beneficial Industrial to 24 118% April-OcZ 12 — AStamped assented 5s 1963 Stamped mod 3Vis ext 97% 109'% June-Dec Bell Panama 101 96 Vi 107 % 133 —May-Nov Series *33 —Mar-Sept sinking fund 4%s 1955— 99% 105 5)3 105% contingent interest) July 1975.April-Oct Refunding and general mortgage 5% (2% fixed and 3% contingent interest)— ■ 97% May-JVou — 34 97% 96% 109% * fund 4'As 1965——April-Oct sinking fund external loan 1963— Feb-Aug external 100% 101 Fe— 61 2 34 34 External sinking 3%s sinking fund 100 Vi 101 % Series Mar-SepZ (Kingdom) 3%s 1957— (Kingdom of) 4%s 1956— 99 Vi 37 AprZZ-Oet u% 150 61 *44% — Mar-SepZ Netherlands 93 Vi 189 109 . Ref Mar-Sept . to a (interest A sinking fund 6 Vis 1959 Mar-Sept pursuant'to Plan A (interest reduced 12 61 ._i— 1958 6s Plan 89% 259 mortgage 4s series A July 1975—.April-Oct First mortgage 5% series B (4% fixed 0 all% ail% 1963—Jan-July ———April-Oct fund to 100 % 119 102 — First — sinking 95 Vi 100% 93Vi Air Line Ry— first 101 % Jan-July — 90% 76 Vi 94 Baltimore & Ohio RR— ~ agree't) 10 110% 111 Vi 1966 General unified 4Vis Atlantic Refining 2%s ■:h : ASecured extl Stamped 5 —- 1952 pursuant reduced to 5% Coast 94 104 74 100% 105% 106% 1995 1 5 104Vi 106% 103% 99% 100% — . 1962—Apri/-Oct ——April-OcZ 1995——_Quar-Jan July Santa Charlotte 701/4 101' 104Vi 106 Vi ~3 111% 1995— 4s mortgage and A _ (State) extl Stamped Topeka & & 4s 5s 7g% 19 107% 104 108%-109% 109 June-Dec 1959 1969.—. first Products Co First 1922 —, _—. 6%s 17 ■ to ~6% 6% 106'% debenture Arbor W P 97% . 9% ~5% 10 Vi , ; assented (1942 new (City ofl ASecured . — ASmall 9% ~5% 1963—Jan-July (assented 1913 ASmall 2 Jan-July ——— agreement) 10% agree¬ (1942 agree't) ASmall—- AMilan 9% 10% ~5% 19G8—Jan-July 1922 to ——— JATreasury 6s of Co debentures Atlantic — June-Dec 1954 assented new — ' due (1942 agree't) (assented 1945 ASmall A4s assented agreement) new 11 10 Vi 1904 (1922 A4s *10 — 12 ——.June-Dec debentures ' — 86 Vi 1957——June-Dec debentures Tobacco 100% .. April-Oct convertible Atlanta I rH O 10 3 86 Vi 99% 100% 100% June-Dec 19*73 Stamped 4s July 1 —— 10% 83 *991% __ 92%. —.Man-July 1961 —___v— debentures General ALarge A4s —J 1987 Atchison 1945—Quar-Jan ' — 85% 81% Co— 1982 Ann — assented new 82% 3 81% 94 —; [.——April-Oct 3-Vis Quar-Jan agreem't) 119 86 83 *100% _ 1964—May-Noy 2030—Mar-Sept 1986_ convertible V .April-OcZ ———Feb-Auy debentures 104 „ 1956—Mar-SepZ 5s debentures 3s (1922 86% 104% 104% *107 .. debs 1975— debentures 2%s 1— 1998; Telegraph convertible American -A——■. ASmall & ' ' 1972_Jan-July 1975 April-OcZ 1966——June-Dec 1980__ 2%s 101 — ALarge A5s deductions f s Power deb Telephone debentures 2%s 2%s 3%s Corp Foreign 2%s 5% 17 __ COMPANIES _ 3%s debentures 3%s 0% 5% 9 93 -*60 1967—___May-ZVoo Mfg 2s debentures Bosch INDUSTRIAL ApriZ-Oct 3Vis mortgage 3s AND 1952 2%s 1968—Jan-July 1945—— assented 7s first Airlines American 12% "i 100 & a% 92 Vi ■ 93 *87% —Jan-Jtny ___——Feb-Aug 1958 Southern Power American. & —a — due 1899 Great Allis-Chalmers 46% 100 A 9% 14 *121 May-Nov 1979 Albany & Susquehanna RR 4%s Alleghany & Western 1st gtd 4s 1943—May-Nov ASmall Stamped to pursuant reduced to Plan 2.25 %) A June-Dec *48% — *34 38 *3il 37 60 -- stamped pursuant to Plan A (interest reduced to 2.25% ) 2004—June-Dec (City of) Paulo 6Vis (City) 1952— 8s 60 Stamped pursuant to reduced A6Vis extl Stamped to secured Paulo to 2%) (State of) A to Plan A — 1957—May-Nov *57 60 57 »sr — *67% 57. Guaranteed 4%s gold gold Pacific conv 4s debs 4s conv 5s Jan-July Feb-Aug 1955 4Vis ...... May-ZVou to Plan — *53 — 60 1956—..Feb-Aug Mar-SepZ -- pag^e 69 « Jan-July A — 25. 69 stock (perpetual) —Man-July 102% Mar-SepZ 80Vi 1960 A inc debs series Clinchfield & B Oho 1960 4s Mar-SepZ ...Mar-Sept 1965 Ry— mortgage guaranteed 4s 1931 Corp 3s debentures 1965 Celotex Corp 3 Vis debentures I960.: 90 68 69% (ipterest -- 67 % 69 ' a 67% 114 7 104% 105 102% 103% 146 100% 103% 79% 80% 45 90% 94 49 107 Vi 107% 15 debentures Central of Georgia (1947 issue) mortgage 59% 59% 74 83 107 Vi 80'% 94 103 4 *100% I960—__Feb-Aay • — 4s 1948—Jane-Dec *101% *86% 59% 59% 10 103% 104 Feb-Aay 103% 104'% .. __ __ -— — — 67 Vi 87 — — Ry— series A 1995 Jan-July' AGen Jan-July — June-Dec First — 94 \ April-OcZ SACentral Branch U P first gold 1 113% 104% 104 Vi Carthage & Adirondack 3 Vis 1 Jan-July *113% 114 4Vis 1951 First __ — A 1999— .Jane-Dec Ry— debenture series 1957 1970 4%s Celanese „ (interest „ see — 1. pursuant to Plan reduced to 2.5%) 1999 footnotes ' ' — 1950 gold gold ' Stamped For *69 Ry— gold Guaranteed Carolina May-ZVon 2012—— 1936 stamped pursuant (interest reduced to 2.5%) A8s external — "l (interest 2001 sinking fund pursuant reduced __May-Nov Plan 2.375%) Guaranteed 4% April-Oct 1952— National Guaranteed -- (interest 2004— Canadian Guaranteed 1967 ARome 8s 45 70 '126 1978—June-Dec Adriatic Electric Co Alabama 41 Vi 61 35 Vi Jan-July ag'.reem't) Large § A 5s San 13% 10% May-Nov RAILROAD A ————— (1942 (Republic of) A ASao 11 — Valley (Dept of) (City) external 7s 1958— A4Vis Alabama 62 37% 150 *47 Drainage —April-Oct & (.1922 agreement) small assented 5A5s of 7s 66 65 *90% -- Feb-Aug conversion 11% 411/4 62 1 67 14% — §A4%s assented Oslo 20 13% See Cauca Mexican Irrigation— 4s 70 *6% Jan-July 1937) readjustment 70 - 12 .Jane-Dec 1957 readjustment SO 67 10% 13% Cauca AWarsaw 102 40% *61 Vi 69 June-Dec -i 9 Vi 39 10 13 % II 102 45 Vi 70 High 12% 13 June-Dec — 27/8s debentures Water Board 5%s 1954—— 40 40 7s 1957-—April-Oct (State Mtge Bank) 6%s 19 80 ' ; conversion external Del American 7s 1951————a——June-Dec (Colombia) 63% *60 — Altaly (Kingdom of) AMedellin 40 Vi % 19-77———Jan-July Jan-July 3% to 62 Vi 44 Vi Jan-July —Mar-Sept Utility— 17 *102 1960—May-No a 5s 1977 series Italian 13 11% 11 Vi (Republic) extl s f l-3s 1977 Jan-July Italian Credit Consortium for Public Works . 1% 13% 11 Vi ... Italian - 551/4 * A6s a 56 Valle Jan. 1 Low 70 — Government— A7s Irish 73%. 55 Vi Jan-July 1967. 73% 56 1976—_—Jan-July bonds Jan 1 f dollar (Republic of) 75 Vi Range Since ?■ May-Nov 1958 (dollar bond of External 3 Vis *73%' 1 1962 7s 3 Vis 3%-4Vi-4fss external « 1976——Jan-July f dollar bonds Jan 1 1976.:—-Jasn-luly s s AEstonia (Republic of)— f dollar s external Council External 70 — _—May-Nov Uruguay (Republic) external 8s 1946 AExternal sinking lund 6s 1960 AExternal sinking fund 6s 1964____ 3%-4-4%s No. A § a 125 «i-' 4s Plan external 4-4Vi-4Vis external SI 2004__Jan-July Jan-JuZy 1968 to external ASilesia Sold A 2.25%) 1962 77% 24% Bonds High 85 2%) 2012——April-OcZ (Kingdom)— 73 y Range Friday's Bid & Asked —Mar-SepZ Slovenes & 84% April-Oct 4%s 1962—— to loan 84 a Plan to reduced dollar (Interest Croats 1956 man pursuant Stamped Serbs to gold 5(is 1955 water external 4714 ' — assented external Sydney extended to 1960 SADenmark 20-year external 6s 1942 External gold ' or Sale Price (continued) — 84 Jan-July 6% ) External 1 a (State) (Interest of) — 30-year 3s sinking fund $ bonds 1978 Stomped 47 7 *47% *47% — (Dept Paulo __ 38 42% 47% 47% April-Oct May-Nou Feb-Aug Copenhagen (City) 5s 1952 —Jane-Dec 25-year gold 4 Vis 1953—— —■ May-Nov ACosta Rica (Republic of) 7s 1951 ..May-Nov Cuba (Republic of) 4%s external 1977——June-Dec 1947 73 % 42% — 42 Vi 42% SASinking fund 7s of 1926 due 1946 § ASmking fund 7s of 1927 due 1947 Chechoslovakia 78% *78'/} Jan-July 1961 S-AGolombia Mortgage Bank 6%s Cundinamarca 5% 40% *78% „April-OcZ 1961 Jan Week's Last Period Low A7s sinking fund dollar bonds 1970—April-Oct ext Interest Exchange High (Republic of)— A6s *5% BONDS L mortgage A Jan 1 2020 AGen mortgage" 4Vis series B Jan 1 2Q20-.May 4Vis series May 66% ' 66 45 67 Vi 3 44% 45% 55 63 67 Vi. 65 Vi 67 Vi 43 43 Volume 171 Number 4879 THE COMMERCIAL & FINANCIAL CHRONICLE (575) NEW YORK BOND RECORD RANGE FOR WEEK ENDED FEBRUARY 3 Friday BONDS New York Stock Interest Exchange Period Week's Range Last or Sale Price Friday's Low Central RR Co General of N J— mortgage and refund gold .'. 4'As Jan-July 1974': 3'%s series series Champion . Paper & Fibre Chesapeake & Ohio Ry— General & div A 1974___- 1968 deb 3s 1992_; Second first Feb-Aug —Feb-Aug 1958 -1965—Jan-July First First gold gold " mortgage General 4%s 4s series A 1994_ I Western Ry— mortgage conv inc 4%s Jan First mortgage 3s series B 1989 Chicago Rock Island & Pacific Ry— General mtge conv New 4%s A ser Orleans Jan 5s 1 2019__ series F First mortgage 2%s series G conv 4s refunding 4'As.series D 91 Firestone 77 fFlorida 60 62 First Union 11 44 GO 151 54% 53 55 474 88 88 5 2%s gtd 45'/a 50% 89 90 '/a 103 '/4 71% 60 Ice City 1959 Goodrich 51% 56 87 88 Investing Co Fuel 2%s debentures 4s 1966 debentures General General 6 102-% IO31/4 General 791/2 82% 76 80 . General 79% 106 General 106% 103% 104 35 103% 104 105% 105% 14 104 106 i^s series B 1993 Refunding and impt 4'/2s series St Louis Cleveland Wab First mortgage Cleveland & & Mich 3s D 3%s Div Greyhound Union 5%s First mortgage 5s mortgage 4%s & Fuel 3'/as Gas 3V»s 3s Gas : April-Oct 1977 April-Oct Afay-Nov trust 4s Mar-Sept 1973_ & South Columbus & Toledo Commonwealth April-Oct First Ohio mortgage 3s 107 105% 1977 69 —Jan-July 1961—Feb-Aug April-Oct Pwr sink fund 3%s A Consolidated Cigar Corp 3'As 1965 Consolidated Edison of New York— refund First and refund mtge 2%s A ser mtge 2%s ser B 1917-April-Oct First and refund mtge 2%s ser C 1972—June-Dec refunding 3s series D 1972 May-lVou First 3s and refund mtge 3s debentures convertible series Continental Baking Cruible Steel Co §ACuba 3s Am RR first §ADeposit §A7%s §A6s 5s West debenture certificates 57 66% 3s Ohio & States 107 94% 100 8 107% 108% 106 107% 32 105 % 106 62 % 70 Hackensack Household 4s 3 A first Water & Illinois B Jan Consol M 2%s 99% 100 first mtge Corp income gold 105% 106% Purchased 105% Collateral 3 %s Extended first gold 3s Collateral 2%s 5s 5s 5s Feb A ser A 20 106% 107% Refunding 5s Debenture Louisville 104% 105% 1 101 101 % 7 104 % 105'/2 13 12 101% 102% Gold Div First Lt mortgage First mortgage Dayton Union Ry Deere & Co Delaware Delaware New 3 series gold gold Term 3s 1951—. Illinois Central Joint first 103 First and 106 First refund 105% 1061/4 and refund 4s series 4%s mortgage 4s A York First Lackawanna 6 *103'/a 96 51 93% 93% Illinois Terminal. Illinois 47% 47% and refund Alncome Morris Essex M mortgage & Collateral 5s due 33% 5 31% 33% AFirst 89 1 S3 89 series 32 % 12 35% 13 32% 25 % 35% 1 33% 4-6s May ' 27% 32% 5s 6 series A *105% 104 Afay-Nov First 1% & Rio Grande Western . convertible Detroit & ASecond For Mack gold 2%s debentures first 4s footnotes page 104% 99% 16 27% 20 102'% 103 102% 103 *106% 93 . 68 32'A series B Inter Rys — ,*— 109 102 f 102 *101'/a *101 '/a "2 102 102 II 101 101 14 103% 105 102% 102% 104'.4 103 — — *101% — ooc: *103 % 103% 105 ; 104% 105 103% *102% 103 105 104 % 105 27 107 107% 14 95 96'% 149 93 % 1 101 Li 1011,4. 100'/a 100 Va *103 101% 101% 100% 101 101% 101% *101'/a *102% --:. *102'A — 1956— 1986—June-Dec deb 85% ,_April-Oc£ :— Jan-July Jan-July 6s 1944_ApnZ-Oct Central America first 5s B 1972_May-Noa 95% *99 102'% 100% IOIV2 7 100% 101 5 101 % 101% 102% t—4 O Cl. •u*. — •112 104'A 106 78 100 Va 101% 23 94% 100 1—< 0 0 *90'% —Jan-July 1956- 105 00 ^ 96'% — 104 : 107% 24 — 100% 100% 94% 106% 102'% Feb-Auy Jan-July 95% C 103% 101% 1011/4 95% 104% Franklin & Clear first 4s Jersey Central Power & Light 27/8S — 98'A 100 — 97% 99% 100'A — — 35% 07'A 35 81% 88 37 36% 37% 193 34 39'% 80'A 80 81'A 12 75 82% 80% 61'A — 1959_Ju7ie-Dec 1976—Afar-Sept 61 1 59% 63% 68% Kanawha & Mich first gtd gold Kansas City Power & Light 2%s 1st mortgage 2%s 1978—. 4s 61'A *95 81% 61'% 99'% 16 75 32 61 97 — 67% 68% *106% 107 % 15 65% 68% Kansas City Terminal Ry 2%s 1974 32% 61% 100 175% 103% — 103% 103% 5 73 76% 103 103% 10 103% 103'% 6 100 3?2 100% 20 103% 105% 97 76 33 90 95% 1961_ unguaranteed Koppers Co fAKreuger 69 % : — 1961 ; Kings County Elec Lt & Power 6s 97% first & mortgage 3s Toll 5s *104% April-Oct April-Oct 100 3% 105 June-Dec __ Jan-July 1961_Jan-July ——Jan-July Jan-July Jan-July 1959 Afar-Sept 104% 105 *104'% 105 *114% *31 *— —— 1 __ 35 100'A 100'A 109 *97 — 1033e 1 — 97 *181'/a 185 *104 105'% 103% „ *100'A 102'A April-Ocf 76 — 100 J, *102'% 102% __ 1997—April-Ocf 1964 certificates *82 MM. April-Ocf Kentucky Central gold 4s 1987Kentucky & Indiana Terminal 4%s Stamped 1961 4%s 75% 74% *103 June-Dec —— 96 June-Dec City Southern Ry 1st 3s 1950 First mortgage 4s series A 1975First mortgage 3%s series B 1968 Plain 96% 74 — l990_ApriZ-Oct 1976 Kansas 61 1993 series 1958— gold 1995 see lien 95% 86 April 35 29% K 104 81 Jan-July 45 66 % 28% 104% 1 97 181 VB — 181'% 104 104'% 4 1 1 95 114 120 fixed 1966 3s 22 1979_Jan-July refunding 3s series refund 2 97 RR— 1% contingent interest) Detroit Edison 3%s series G and 104 1 Denver General and 96% 85 mortgage series A (4%% contingent interest) 2018 91 65'A „ 85 mortgage series A <3% fixed contingent interest) 1993 General 106% 1973_Afay-Nov Alncome & Salt Lake— Income mortgage (3% 103% Div 2042 89% 66'A 100'% *101 First Denver 103 Co— Afay-Nov Power & Light 3s 1973 —April-Oct mortgage and coll trust 3'As 1977-June-Dec First mortgage and coll trust 2%s Delaware 89% 90 1963_June-Dec July l952_ gold 5s series C .§AInternational Hydro-Elec Jamestown 103% Afay-Nov 1 100 % J *103 division trust 100 104% 127'% 109'% 1963_June-Dec 35% 103 103% ApriZ-Oct C 100 104% 99% C AFirst 31% June-Dec 1993 67 99% Ry 4s series A 1970——Jan-July Iowa first gold 4s 1950-Jan-JuZy & AAdjustments 89 June-Dec Western 62 127 Va D tlnternational Great Northern RR— AFirst 6s series A 1952..——— 33% Jan-July & 79 103% 1 1963-.—;—June-Dec 103 1963 104% 75 101% "4 series 102% 1965 103'/a 8 100 Ve 100% series 105% extended 103 100% 1003/b Chicago St L & N O— 5s refunding 104% debentures Hudson * 3%s 23 Lackawanna & Western RR 9 7% 127% 127'% ——May-Noy gold 3s 1951 104% 105% 1965 100% 104% 104% gold 3'/2S l953_—-Jan-JuZy first and Indiana B 181 *100% 102% Indianapolis Union Ry Co— Refunding and imp 2%s series 1978_. 67 1951_——Jan-July 3s 103 % A 2 15 3 *100 — May-ZVou 119% 1975_April-Oct 78'/a 103 64 II _Feb-Aug 103 2%s 32 103 —June-Dec 115 mtge 7% 104'A 104'A 65'A Ja?i-July Aprd-Oct — 14 1978^ 87%. 97 Va 77% Afar-Sept 703 3%s series 2%s & first 3s 95% 85'/a 96% A D Dayton Power & 102 102%. 94 % 98 103 1951—— Jan-July Springfield Division first gold 3%s 1951_Jau-July Western Lines first gold 4s 1951 Feb-Auy Registered ————„Feb-Aug 102 35 104% 1952————_—Jan-July & Term Division St Louis 99% 35 % 100 % 100 22 86 7% —June-Dec 1966— first Div 102 % deposit receipts 1946-Jnne-Dec deposit receipts 1946 June-Dec 95% *103 1981_Ja?i-July —— 3%s 1955 Div 105 Jan-July Jan-July 18 101 % *64 April-Oct 119% 1952 100% 101 *— gold 4s 1953—————May-Noa 4%s 15 33% 129 122% 124% *83 April-Oct 1951— 103 % June-Dec 107% 125'/a 3 95% i962_June-Dec Bridge gold 4s 1950 Omaha 15 3%s 1955 lines 21 *49% 107% 8 *100 1957——Feb-Aug 1957 sterling 1951 gold 4s 1952 4s 103 *93 % 13 Jan-July 1951— gold trust 105% 106 June-Dec 92 103 -Jan-July 1970— 118 1942 90'/a 102'/a „ 107 Vb 107% 100% 1976—Afar-Sept trust 103 3%s 1966_Afoy-Nov 63% 124% 124% J—Jan-July 2%s 103 5%s 104% 102 59 128'/a 129 1979_May-Nou Consol mortgage 5%-3%s series B 1979—May-Nov Consol mortgage 3%s series C 1974—May-Nou First gold 4s 1951 ; —-Jan-July 105% 105'% 107'/s —May-Nov April-Oct ; first sink fund 103 106% 106% *92'A April-Oct 1976— mortgage 4%-4%s series Refunding 12 *101% 103% 102 103% 101'/a 247 *102Va103 Illinois Central RR— 105 % — 104% 104% 63% '102% 2044——April Jan-JwZy Telephone 2%s series A mortgage 3s series B 1978— Litchfield 101 61% 1969—April-Oct Bell Cairo 72 3 102'A 103 Feb 1959 1968— Manhattan first Adjusted 104% 105% 107 103% 104 * B 1975 series D series 3%s Finance 100% 103 % 101% 105% 61'A 107 „ 104% 105 104% 87% *100 :_Jan-July £ July 2015_Jan-JuJy series 5s inc Util Hudson 108% 101 87'% 87% A__.——Feb r_— mortgage 3s 1978 debentures 1969 i 3s Hndson Coal 105% *1061% 70 % 97% 87% /Mar-Sepf ctfs debentures Inc trust 82 107% 105% 107 66 Va 97% 85% RR— refunding 3%s 59 82 14 105 *106% — *— 1965_Afay-Nov B__ 118% A B 2%s 103% — receipts series series first gold mtge April-Oct 1st mtge Ry receipts §ADeposit ACuba of 1969_. 1979_Jan-July 1963—— June-Dec 1975—-Mar-Sept debentures 1965—Jan-July Northern 63 'A *10812 108 % E Consolidated Natural Gas 2%s 1968—— Power first mtge 27%s Consumers 79 & mtge 105 106% *__ — 59 85% 85 75 first Co mtge 100% 106 *__ 67% 85% Corp— debentures First First 106 66'/a *97% 102 I __ 105 % 105% 1982_ATar-Sept First and 70 *100% __ 110% — 96 83% ; Gulf P'irst —Feb-Aug River and 102 48 107% 105% 105% 69 mortgage 3s' series N 1978—June-Dec 3s sinking fund debentures 1999 April-Oct Conn Ry & Lt 1st and ref 4%s 1951-; First 71' 107% 108% Feb-Aug First Conn 101 103'A 107'A 1 107 Mar-Sept 3Vis 1970—May-Sepf external 4s 1955-Feb-Aug L 3 _ 107 108% . Co- series General First Elec first Edison 82 107% 99% 100 Corp— 1971-—. Columbus 82 1964_iApn7-Oct System Inc— debentures 33 100 ^April-Oct debentures March 1974— debentures August 1974_. 3s 77 107 106% — *105% 67 June-Dec Feb-Aug 1980 coll Electric debentures Columbia 66 *107 'A 110% „ 105% 107% 108 1961—Afay-Nov 1959— Hocking Valley Ry first 4%s. 1999 59- 82 110 % — H 10 58% — 102'/a 99 63% Corp— and & C 78% — 59 1961—ApriZ-Oct 1972 1973 9 30 65% Ry— Iron mortgage Columbia B modified) &; 4'/2S A series Southern (stamped First series 4%s 78% Co— series 103% 96 87% *— 4s 1950 gtd Terminals mortgage Colorado 1st guaranteed Short Line first Colorado 78'% June-Dec E 101 1990 debs 4%s refunding 4s series Collateral 101'A *85% RR— Cleveland First 101 3s first Utilities Corp Mobile First and — *96 June-Dec June-Dec Cleveland 103 % Bay First and 102% 102% — June-Dec 1982 Pittsburgh First *110% 1977—Jan-July 1991_Jan-July Division first coll trust 4s 1990_May-Nou Electric Illuminating 3s 1970—Jan-JuZy Cincinnati 17 & F) ADebenture Gulf — Ry—- General Series 103% 104 General AGreen 103% 103% __ 103% 101 *104 /. 1952_ Jan-July 5s series C 1973—— ±-Jan-July 4%s series D 1976 Jan-July mortgage 3%s series N 1990—;_Jan-July mortgage 3'As/series O 2000——Jan-July mortgage 23As series P 1982—-Jan-July mortgage 2%s;series Q 2010—Jan-July mortgage 2%s series R 1961—Jan-July General *104 June-Dec 1961 Cincinnati Chic & St Louis gold 4s 1993——I General (B 101% *102% — F Great Northern Ry Co— General 5'/as series B 103% 82 Rubber income conv 101 106 % 106 % April-Oct 94'% 100% 103 G A4s 103% % 103 % & Coast General Realty 1 "76% 1969__Feb-Aug Feb-Auy 2%s series G 1974 City Cleveland E series 104% 66 55% General series 100'% 10 —— 181 80% Corp— debentures & 3%s 30 *151% refunding 5s series A 1974—Mar-Sep£ ACertificates of deposit Mar-Sepf Francisco Sugar collateral trust 6s 1956—May-Nov 103% 103% __ 92% 100% 100%; 94% *110% and 101% 101% Terminal— mortgage First mortgage C I T Financial Tire East A First 5 70 103% 1956_May-Noo Jan-July 2000..—Jan-July First consol mortgage 2s series H 1953_Afar-Sept Ohio Division first mortgage 3'As 1971_Mar-Sepf 73 V-4 58'% __ High 103'% 3%s series G 86'% 68% 1st mtge 2%s 1975_ApriZ-Oct mortgage 2%s 1978— I Jan-July First 3%s mtge 19 101 Cincinnati Gas & Elec Cincinnati mtge consol 34 : 88 Jan-July Jan-July 1952_Jan-July l962_Mar-Sep£ Jan, J 72 1 1963 5s Co— consol 40'% 46 103 Georgia div first First 68 SO'/a 82 & First 36'% 7' 50% — No. — 90'% 103 % Range Since Sold 102'% 100% _April-Ocf mtge inc 4%s series A Jan 2015_Jan-July First consol mortgage 3'As series E 1964_April-Oc£ 129 49% 1963 Indiana 109% 103% 62 101JJ Va Railroad 40% 72 __ 103% 104 April 111% 108% 102Va Gl'% ' 111% 1 77 ■ 120% 4 87% Jan-July 3 V«s Western 20 Bond!} 12 102 % 103 Feb-Aug — High *93 3 i General 60 1994_Jan-July 1994 mortgage and Friday's Low 103 111 (N Y) first cons gold 5s 1995_Jan-July Elgin Joliet & Eastern Ry 3%s 1970-—_—Mar-Sept El Paso & Southwestern first 5s 1965 ApriZ-Oct 5s stamped 1965 April-Oct 99'% 126% Ry— refunding mtge 2%-4'As First First 120% 69% Jan-July Chicago Union Station— Chicago & 10 90% June-Dec 2%-4'As 106% 50 ;_June-Dec and 105 V4 86% I_ 1999__April 1951 Income 41 75 Jan-July Memphis Division 1st gold 4s 1951 Chicago Terre Haute & Southeastern First or Bid & Asked 103% 103% *100% 100% 1961 Edison El - Second Chicago St L & East Tenn 103 % 104 36 70% ' 2044-4—April Chicago <fc North 133% 101%, 100% 38% __ mortgage 4%s inc ser A Jan 1 2019-April increased series B Jan 1 conv 130 102 79 109 100 — 4%s . 109 — Chicago Ind & Louisville Ry— 1 A 1st mortgage 4s inc series A Jan 1983_J«n-.Tuly A 2nd mortgage 4'%s inc ser A Jan 2003_Jan-July Chicago Indiana & Southern 4s 1956 -—Jan-July Chicago Milwaukee St Paul & Pacific RR— First " 103 43 - 102'% 102% 1988—Jan-July 1 2038_Jau-July Tunnel & Light Co 2%s 1977 mortgage 2%s 1979 1st Erie 109 39 Terminal 5 111% 111% 100'% 104 __ 111% May-Nov A 4%s Jan mortgage Sale Price Afay-Nov Detroit Tol & Ironton RR 2%s ser B 1976_May-Sep£ Dow Chemical 2.*5s debentures 1961-. .-May-Nov 104 102% — 120 % 120% — RR— Chicago & Erie 1st gold 5s 1982 Chicago' Gt West first 4s series inc Week's Range Last Period Duquesne 104 104 — 104 "113% 1 mortgage inc conv 5s 1997—Jau-July mortgage 3%s series B 1985—May-Nov AGeneral 46% 105% 102% 103% 103% 103% 105% 106% 103% .AGeneral First 42% 105 % 133% 133% 1989—Ja?i-July 1989——Jau-July 4s Detroit 2 *103% „ 4s i Chicago & Eastern 111 Friday Interest Exchange High 372 1C4 — ;._Jan-JuZy and refunding 4>%s series B 1977—Feb-Aug and refunding mortgage 3'/«s 1985—Feb-Aug and refunding mortgage 2%s 1970—Feb-Auy First Low 46% '•104 104 ^ consol consolidated 4s No. 1 . B ONDS New York Stock 105% 105% Chicago Burlington & Quincy RR— General Jan. I Hiyli 45 % April-Oct A B 45% —Mar-Sepf Refund and impt M 3 '%s series D 1996—May-Nou Refund and impt M 3%s series E 1996-; _Feb-Auy Refund and impt M 37/its series H 1973—June-Dec R Range Since Sold Low 1987 Central New York Power 3s Central Pacific Ry Co— First , * 3'AS First mortgage 3%s Bonds * Bid & Asked 4s ; H I Jan-July May-Sept June-Dec 1995—June-Dec 92 5 9 14 102% 102% 115 105 % 1C6% 107% 1982_May-Sep£ June-Dec 25. 91% 105 1970_June-Dec 4 113 % 115 245 L 91% 93% 105 1073% 106% 107% 102% 112% 103% 115 *09 6754 67 "4 Laclede Gas Light 4%s 67% debs 1963—Afar-Sept & RR Terminal— First mtge sink fund 3%s series A Lake Shore & Mich South gold 3%S 3%s registered Lautaro Nitrate C7 % conv Lakefront Dock 1997 Co AFirst mortgage Ltd— 1968_June-Dec 117% 117 117% — — 1997_June-Dec June-Dec *93% 88% II 89% 88 Va 88 Va 5 91'% 92% 13 ' income reg 1975 June-Dec 94 84 90 90 vb 92'% 23 ) 24 THE (576) COMMERCIAL & Monday, February 6, 1950 CHRONICLE FINANCIAL NEW YORK BOND RECORD RANGE Last Period New York Stock Exchange Friday's or Sale Price Bid & Asked Low 94% "94% — 2 Lehigh Valley Coal Co— & ref 5s stamped 1954 & ref 5s stamped 1964 1st ref & Lehigh 5s 94 stamped Feb-Aug Feb-Aug . 100% 100% 100% 6 100% 101 N N Y Feb-Aug 78 78 78 ~4 75% 80'/a Feb-Aug 69 69 69 % 31 68% 70 Jan-July 74 73 74 1974 5s extended mortgage tN to 1984 4%s extended mortgage Lehigh to 1974 9 72'A consolidated interest Series A 4s B 4 %s Series C 5s fixed Series D 4s contingent Series E 4%s Series F 5s Lehigh Valley First fixed bonds— mortgage Series 2003 May-Nov 56% 55% 57 41 53 Vi 57 May-Nov 60'A 60'A 60'A 24 53% 61 fixed interest 2003 2003 interest contingent Terminal May-Nov May May interest 2003 interest contingent 2003 May 2003 interest 64% 64 % 65 37% 36% 37% 244 33% 41 40% 41% 27 36% Aprll-Oc# 4-1 44'A 46 40 44 % 63 Feb-Aug mortgage 5s extended Liggett & Myers Tobacco Miami ALombard Loriilard general Electric (Pj Louisville 1962 A May-No» 1952 A June-Dec 1951 5s First and refund mtge 3%s ser F 2003 and refund mtge 2%s ser G 2003 refund mtge 3%s Louisville Gas Elec & gold 1st April-Oct April-Oct H 2003__Aj>ril-Oct 1980 Mar-Sept ser 3s Cincinnati Div 4s Knox k Atl second Div 75 5 74'A ~1 105'A 105% * — — 37% Southern Norfolk 105'A 105'A 5 105% 105 1955 *90 96 Vi lien 3s H) & Co Central 2%s RR debentures 4%s series June-Dec 11 85 Vi 88 Va 28 100% 104% ~2 r 107% 102% 102 Vi 102% 102% RR ("Southern Lines) 4s 1959 102% 102% 10 102 Vi 74 3 72 94 1 88 £9% May-Noy 74% 94 —— June-Dec Metropolitan Edison 90% 3 88 'A 10 100% *55'A Jan-July 54% — 101 101'A *102'A 102'A mortgage mortgage 1988 Lans First gold & April-Oct 1951 First mortgage 27As mortgage -3%s First 3%s sinking tgAMidland Minnesota Minn first & Mfg Mining Paul St & 1969 J N Saulte ■ 107'/a 2%s St 1967 *101'A — *102% — 1978 2%s 1979 3s April-Oct 1967 107 Vi 102 series 60% -Aprll-Oct A Jan AGeneral mortgage 4s inc ser A Jan Kansas Texas first 4s 1990 Missouri Missouri-Kansas-Texas 5 84% 87 109 109'/a 101 1 — — Prior lien 40-year Prior 5s 4s series lien ACum series 4 Vis B A First Pacific and AGeneral AFirst 50 55 Vi 103 — 60% Morrell —— 1 " 80% 70% 99% 99% series 5s 5 Vis gold Ry A series gold 5s first 3'is & A 1949 H ser gtd 4s series 3s Co. B 38% Pacific debentures 77% 85% 84% 92% 74 81Vi 75 82'/a 72% 82 Vi 135 99% & Tel 2%s 1978 74%" 445 997/« 185 94 513 33% 164 93% 99% 100 290 92% 60 7 2 *102 — 55% .56% 78% 56 .79% 75% May-Noy 99'A May-Noy - 105% — — 102% 107% 3 *98 — 102 102% 102 28 107'A __ 102% 102% ' 102 102'A ' -L — 10?% 102 % *104% — ♦107% 108 — » — , 5 12 3 105 102% 102% 4 102 102% 102 102 % 103% 104'/» 105% 105'A 106 106% 105% 106% 107 12% —Mar-Sept — « —— Feb-Aug 1975 — 13'A 13% 105'A 105% __Jan-July ♦102% 103 __ — 'A 106% —June-Dee1 — 104'A 104% —— _ 'ZZ II *105 —June-Dec 20 ' <r " and refunding 3s and refunding First and 1970 June-Dec K-1971-—June-Dcc 3s series L 1974 June-Dec 3s series M 1979—June-Dec 3s series N 1977—June-Dec 2%s series P 1981—June-Dec 2%s series Q 1980—June-Dec 3%s series R 1982—June Dec 3s series S 1983 June-Dec 18 99'A 7 106 56 100% 101% 40% 102 100% and refunding First and First and refuhdlng First Pacific refunding and refunding and refunding 2%s debentures debentures 3'As debentures 1987 1978 debentures 1983 3V»s Pacific Oil 3%s debentures Western 106% 106% 106% 41 106 1C6% 106% 106% 15 106 106'A 106% 2 106 VA 106% 101% 101% 3 101% 102% 103% 104% 14 103 "a 104% 6 ' ' " ' 106% J 00% 106'A 105% 11 104% 105% 1C0% 100% 55 100'A 100% 106'A 106% 105 ' rmm''' 103'A 103% 5 103 103'A 105'A 105'/a —- 3 105'A 105% *107% 109 —- '. — — * 100% *104% 1955_Jan-JuIy 107 7 107% 105% — 105 7A 105% ' 1964—June-Dec 1st sink fund gold 4%s Paducah & 111 — 5 „ April-Oct April-Oct Mar-Sept Mar.-Sept 1986 3 'As — 105% 105% - June-Dec 1985 Tel & Tel 2%s debentures ' *105% 106 % series J 3s series refunding First and refunding First *105% 107% 3%s series I' 1966—June-Dec- and refunding First 106% — — — 60 103% 103% 54% 57% Airlines— Pennsylvania-Central 15 68% 74% 102% 103% "104% 104% 104% 105% *103% 104'A 103% 104 74 73 74 1 1960—April-Oct A3%s convertible inc debs Sept — 45 17 76 99 V» *105 April-Oct 92% 38 7A 38 103 7A 103% Feb-Aug 1955 100% 03 Vi 100% 101'A 60 1958—May-Nov 1986 93% 786 71% ' Tel 97% 104'A 76 Gas it Electric Co— First First 100% 101% 101 Feb-Aug Mar-Sept 1966 debentures 100% May-Noy 1980_Aprff-Oct 1991 mtge 4Vis series B States 5 64 99% 100 71'A Construction 3Vis 27 82% 99% (John) 54% 81 79 79 Morris & Essex first guaranteed 3 Vis 2000_June-Dee Construction mortgage 5s series A 1955_May-No* Mountain 81 ' 81% Jon-July 19674yrii-Oct refunding 5s series I 1981 Monongahela 49% 46 91% Mar-Sept Malone 86% Co— refund and & 90 1963—Feb-Aug and AFirst Jan A 84% 24 - 82% refunding 5s series F 1977—Mar-Sept refunding 5s series G 1978—May-No* and AFirst 1978 53 82 90 _Jan-July series '97% 93 36 * 89 'A S3 7 94 % 94'/a ♦102% Oregon-Washington RR 3s series A I960- —April-Oct » Jan-July 1975 §AConvertible Mohawk D 5s RR 93% 94 104% 105'A 66 86 106% 103% 1 85% 52 82 1962 refunding 4s and AFirst ^June-Dec 2%s & Electric Gas First 1991__May 1962 series adjustment ^Missouri A 70% 64 101 106'A 60% 104 85% 53 . 23 __ 60'A *103 -- 1971—May RR— 87% 94% —April-Oct mortgage 3'As 1978 First mortgage 3s 1979 - Marie— mortgage 4Vis inc 107'A G5 94 May -Nov 2%s 1975 First mortgage - First 112 107 86 105% _Feb-Aug - First 106% *106 Jan-July 1940 5s 109 1 13 O — *102 109 % 109% ' . Mar-Sept ext 107 33 86% .Jan-July tOgdensburg & Lake Champlaln Ry— S AFirst guaranteed 4s 1948:.—: Ohio Edison first mortgage 3s 1974 83%' 847A 84 —lfar-Sept debentures fund of 1969 107 55 101% *99% Ifay-Noy Refunding and impt 4Vis series C 1979—Jon-July Michigan Cons Gas first mtge 3 Vis 1969—Mar-Sept — — *57 — . _April-Oct 101'A — *107% 108% Mar-Sept 1952 114 66 '/a 65% 1974__ —Feb-Aug 3%s debentures 1979—— Oklahoma Sag 3'As 3 VaS 133'A 114 90'A Michigan Central— Jack 130'A 7 Telephone— Bell Northwestern 94 first mtge 2%s 1974„May-No» debentures 90 88 3 __ — 107 % 107'/a 66 'A first mortgage 2%s 1977— -April-Oct _Mar-Sept First mortgage 3s 1979—— 76 Vi Michigan Bell Telephone Co— 314s 107% 109% 110% 109% (Wisconsin) Manatf Sugar 4s s nking fund Feb 1 1957—May-Noy May Dept Stores 2%s debentures 1972 Mead Corp first, mortgage 3s 1966 106% 107'A 90 *102% -- _Quar-Aug (Minnesota) first mortgage 2%s First mortgage 2%s 1975— 108 Vi 2 107% 107% — mortgage & con 4s series B 1954__June-Dec Manila 107 106 — Northern States Power Co— 1972__May-No® 1960 A 107 1 106 90 103'/a 20 107 *110% 15 74 74 102% 130% 130% 130% _Quar-Feb 1 2047 3s Jan Refunding and improve 4%s ser A 2047. —Jan-July Refunding and improve 5s series C 2047. __Jan-July Refunding and improve 5s series D 2047 —Jan-July _Mar-Sept Collateral trust 4Vis 1975 100'A 85% lien registered 2047 First (R 5 *107% 1C8% _Quar-Jan 1997 First First 74 15% 3 106 _Quar-Jan 1997 4s registered " Maine 47% — 74 Central General 105 102% 102 May-Nov mtge 2%s 1979—May-No* 99% 85% ' —- -- 42% — 13% Northern Pacific Ry— 105% 104% 13 37 — 122 Vi 4s 104% 105 46 107 general & ref 5s 1974 Mar-Sept General and refunding 4%s ser A 1974—Mar-Sept 77 106% *102% 103 2014—April-Oct first gold 4s 1996—April-Oct Western Ry & 105% 13% — 60 '/a 57 10 Co— Ry 5s convertible Inc AGeneral mtge Norfolk 7 102% — *17% 74 9% 3% 102% 60'/a 45% 46 Jan-July Feb-Aug Feb-Auy May-Nov N Y Teiepnone 2%s series D 1982 Jan-July Refunding mortgage 3Vis series E 1978—Feb-Aug Refunding mortgage 3s series F 1981 Jan-July Niagara Falls Power 3 Vis 1966 Mar-Sept M Macy Jan-July first 3%s 1963 High 7% 3 106 106 __ 105 104% 23 59'A 1937 1940§ A Terminal first gold 5s 1943 Prior 102 % 301 *£9% -- Susquehanna de Western RR— 5s 1937 Y *60 —— 8% 3% Low *102% 102% § A General gold 5s RR— First and Louis 65 122'/8 Feb-Auflr April-Oct First St 74% — FebrAug 1951 1963 Nashville & 5s series debentures Co debentures to series 4s 7s Steam Corp Northern 1979 Little June-Dec - & § AFirst refunding 41% 44 11 Ry— Lexington & Eastprn Ry first 5s 1965 3s 74 Valley RR— General Power Jan. 1 No. 7% § A Second gold 4%s Lehigh Valley Railway— First N 85 Vi 85 Valley Harbor Term Ry— First Y Range Since Sold High 3 7% 1992—Mar-Sept Light 1st mtge 2%s 1975—Mar-Sept Y & Putnam 1st consol gtd 4s 1993 April-Oct Y State Electric & Gas 2%s 1977 Jan-July N 84'A *82'A ——' 1955 AGeneral 4s 94% Bonds Friday's or Bid & Asked High • 1st Sale Price Low Low No. High Last Period New York Stock Exchange Jan. 1 Sold Interest BONDS Range Since t AN Y Ontario & West ref 4s June Sinking fund mortgage 3%s ser A 1970_April-Oci Week's Range Friday Bonds Lehigh Coal & Navigation Co— 1st 3 Week's Range Friday Interest BONDS FOR WEEK ENDED FEBRUARY *""" 75 % 80 72 78 98 'A £9% 105 105 Pennsylvania Co— Guaranteed 4s series E trust ctfs June-Dec Pennsylvania Glass Sand 3%s 1960 Pennsylvania Power & Light Co— First mortgage 3s 1975 3s sinking fund debentures — — 104 *103 ~ April-Oct April-Oct 1965 RR— Consolidated sinking fund 4%s General 4%s series A 1965 *103'A 1952—May-Nov „ Pennsylvania N Nashville First Chattanooga mortgage National Dairy Distillers Nat'I National Steel National St Louis— B 1986 debs 1970—June-Dec 1970 Products 2%s 3 Vis debs 1974—April-Oct 1965 Aprll-Oct 1967 debentures Naugatuck RR first gold 4s 1954 England Tei & Tel Co— May-Noy 106 103 7A General mortgage 106 106% Convertible debentures 3%s 1952 1 105% 106 28 103% 104% 101 1037A 104% 101 % 118% 119 Vi 195 105% 104% 105 101'A *101 *101% .--- 103 2 106 First 3s guaranteed debentures 3s Junction J New New lU Jersey Power Refunding JNew Orleans AFirst 7 series 5s *75% Light 3s 1974 Mar-S«pt 5s A AFirst series 5s 4'is of 5'.is York New of Consolidated Refunding and N Y Central General 3 Vis Lake 3 Vis Feb-Auy Feb-Auy 101 100 — 102% N Y Dock N Y and First and and First and 43 100% 101 99'A 1 99% 10 100 100 d97% ~5 98 100 99'A 100 101% 99'A 101 k first Harlem gold gold 3Vis F 1951 3 Vis 2000 seres Mortgage 4s series B 2043— West 4s k B Ifaven First and AGeneral 2043 40 102 102% 101% 8 100 Vi 101% 275 58'A 62 213 61% 65% 191 67% 71% 101 79% 80% 60 79% S3 74 74% 30 74 78 60 59% 60 58% 61 *55% — 53% 56% Pittsburgh Consolidation Coal— Feb-Aug Feb-Aug Feb-Aug 58% — 59 58 *55 % 60 __ A 1973 Hartford mortgage footnotes see Port 24 56 59% — 52% 55%. 4s * 25. 17'A 102 103% 110 38 __ 110'A 107'A 105% 25 —— 103% 104 10 1 *104 104% 103% 103% 9 11 103% 8 10 *103 8'A 9 % 8'A 103 103% 106% 103% *100 — 104'A 104 102'/a 104% 8% — 106% 103% 104% *1027A 104 — — 108 105 __ 102'A 102% 104 —— — 106% 101% — *102% 108 -3%s debentures *106% —— *103% . __ — *111% 114 *111'A — 111% ( 112 111 -- 111 104% 105% 20 103 Va 105% 104% 105'A 105% 24 103'A 105 Va *86 100 — . 100% 83 86 7 100 100% 5 102% 103 101 102% , 102% 102% 102% 101 Jan-July 1965 Pittsburgh Steel 1st mortgage 4'As 1958_—April-Oct 1975 o 13 102 Vi 103% First mortgage 4%s series 99 % 99% 10 98 Vi 99% First mortgage 95 18 94 95% First mortgage 4%s series vf o CO 100% 100% Feb-Auy Mejf-Nov Jan -July *100% *94 — — — May-Noy 73% 73% 4 79 79 5 May 46% May-Nov — 1960 : June-Dec April-Oct —April-Ocl Pittsburgh 100% 101 101 22 4 94 94 95 73 74 % 77% First Youngstown general & 5s series B Ashtabula 1962 Ry— 96% 94% .94% 96% 18 94% 96% " 96 96 % 9 93'A ' Feb-Aug First general 5s series C 1974— —June-Dec First general 4%s series D 1977 ——June-Dec Pittston Co 5%s income debentures 1964 Jan-July 96% a ~ H O CO 1 1 i i 1 ' H oo i i — 108 108 t i .i 99% 100% 79 241 64% 68 46% 401 44% 48 102% 102% 22 101% 46% 1958 1959 101'A 66% 66 C 100% Potomac 66% A 4%s series B 100% 99% *94% 100 Jan-July 12 — — RR— 1954 105 105 Consolidated 94% vH O 94 7A Chester— paee 103% 103% 61 Pittsburgh & West Virginia Ry— mtge conv inc 4 Vis series A 2022 k 1-5% \ guaranteed 4s ser F 1953—June-Dec Consolidated guaranteed 4s ser G 1957—May-Nov Consolidated guaranteed 4s ser H 1960—_Feb-Aug 80% —Feb-Aug 58 5 *108% Consolidated 74'A 1998 o 16 Pittsburgh Cincinnati Chic & St Louis Ry— 70% 9 83'A 134 'A 59% *8'A 64% • 97% 97% 101% 81 15.'A deposit 68% April-Oct refunding mtge 4s ser A 2007—Jan-July River of 64 100'A 100 102 VA 102% May-Noy series 1973 k ACertificates 8 *110% 4s 1937—Jan-July 62 % 1986 Mortgage 4s series Ry 1st sink fund 70% ; 4s A t§ A Philippine 83% 83 103% Phillips Petroleum 2%s debentures 1964—.Feb-Aug 97% RR— 1998 gold and 63% 1997 Connecting RR 2%s series B For First 103% 2013_April-Oc£ A June-Dec First 104'A 103'A 49 72 58% guaranteed 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 General mortgage 5s series B 1975——April-Oct General mortgage 3%s series E 1975 April-Oct Pittsb Coke k Chem 1st mtge 3%s 1964 May-Nov April-Oct April-Oct Harlem 103% 3 Jan-July series River 3s series mortgage Y New 5 103 % Chicago & St Louis— Y N — 60% First Vis 103% 103% 103% Philadelphia 97% 101'A 101% 93% 127 Feb-Aug 1974 59% Refunding mortgage 3Vis series E 1980 Y Lack 100% 218 16 series C 1977 Jan-July Co collateral trust 4%s 1961—Jan-July Electric Co— refunding 2%s 1971 June-Dec refunding 2%s 1967 May-Noo refunding 2%s 1974 May-Nou refunding 2%s 1981 .June-Dec refunding 2%s 1978 __Feb-Aug* 60% 1997 registered N 4 100'A B 97% — 4Vis Feb-Aug 1998 Michigan Cent collateral gold 3Vis 1998 3Vis registered 1998 N 103% -- 4 Vis mortgage 3 lis New York 6 series Jan-July A collateral 1960 107% 83% Pittsburgh Bessemer & Lake Erie 2%s 1996_June-Dec April-Oct impt 5s series C 2013 registered Shore 100% 100% Co— Hudson & — 99% deposit and impt Refunding April-Oct 1954___ series 5s geld Philadelphia deposit RR 4s Jan-July 1956 A of Central *105 % 107 —— Ry— 1956 D external 103'A 104 96% Jan-June June-Dec April-Oct April Feb-Aug Pere Marquette Ry 3%s series D 1980 Mar-Sept Philadelphia Baltimore & Wash RR Co— First 1953 4s 4s 100% 47 96% 101'A April 1990 Peoria & Pekln Union Ry 5%s 1974-; General —-U — deposit series ACertificates Jan-July deposits series ACertificates AFirst gtd Eastern General — RR— Mexico & First 1983 4Vis series A 1952—Jan-J\ilj C ACertificates AFirst 1988 8 104% 105 *107% 3 Vis 1954 of 13 Feb-Aug & B A Certificates 105% 105% Jan-July first Texas ' 1986 Nor Term -» 4s impt and Orleans — Mar-Sept & Great Afay-Noy 1 first gtd -New Orleans k Northeastern New 1961 April-Oct Telephone RR Orleans B 1974 Jersey Bell N series 118% 118% 85 97 April-Oct 1985 115 103% b-* o -3 £ 97% AIncome 4s 1982 debentures New 4Vis 3 Vis series F General mortgage 114 4 o 107'A Jan-July 4%s series E 1984 Peoples Gas Light & Coke Co— 3s convertible debentures 1963 Peoria — — New series D 1981 General 4'As 114 103 103 June-Dec June-Dec April-Oct 1968 94% 53 103% 106 _ 104% June-Dec 103 B series 5s 93 94% 106 103% June-Dec Corp first mtge 3s Supply General *93 .Feb-Aug 2%s Products debentures 3s & series 3s * 114 Feb-Aug 1960 102% Elec Power 1st mtge First mortgage 3'As First mortgage 3s 1977 1983 First mortgage 2%s 1984 Providence Terminal 4s 1956 3%s 1966—Jan-July t I 105% 105 105 106 105 105 *107 —Feb-Aug Jan-July May-Nov Mar-Sept *105 i „ ' — *105 *98'A 103 — Volume 171 Number 4879 THE COMMERCIAL & FINANCIAL CHRONICLE (577) 25 NEW YORK BOND RECORD RANGE FOR WEEK ENDED Friday BONDS New York Stock Public 3s Interest Sale Price Gas 1963 Oats Range Since Sold Jan. 1 High No. 10434 10434 and Quaker Bonds Low 4 ♦108% 10934 — — •15134 — 104% 109 debentures 19G4_ Term Tol 10634 — •— 105 34 10634 — Rochester Tobacco Gas & 3s debs Electric mortgage 4%s series 10134 5 102% mortgage 334s series 1955—May-Nov 93'/2 April-Oct 93 93 '/a 36 •164 % 10534 — 1977—Mar-Sept 1967—Mar-Sept General mortgage 3%s series I 1967—Mar-Sept General mortgage 3Vis Series J 1969—Mar-Sept t ARut-Canadian 4s stamped 1949 Jan-July tSARutland RR 4VaS stamped 1941 Jan-July debentures C3 Pacific 95'A 105 — Oil 10534 2%s Saguenay Power 3s series Lawrence Second St ft gold Adir 6s Louis Rocky St Louis-San 1st 1st 1971 A gold 6s *120% 1996 5s stamped 2%s Francisco Ry Co— 4s series A 1997 9 10634 834 9 834 General and ref gold St Paul St Paul.Union. Depot Duluth ft cons 3Vis gold B Seaboard First Air Line mortgage RR 4s A 4s 64 'A 118% Union Oil 2%s debentures Corp cell debentures Skelly Oil 2%s Socony-Vacuum Oil 2Vis South & North Ala — debentures 2%s debentures 1987 Southern Indiana Ry 23As 4%s Gold (Oregon Lines) 4'.is Gold A 1977 4Vis mortgage 2%s series ser A E First mortgage 234s series 25 105'A 10334 — First First 82% 11 9834. 983a 56 99 9334 59 GO — 9934 103 103 99 1 162% 45 99V4 *12334 9834 103 99% — 107 107 107 5 107 10634 10134 10134 5 101V4 10134 1C4 104 2 104 105 82 82 4 80 83 82 97 Va 10034 10134 1 9634 56 9734 9334 94 Va 93% 100% 111 103'/a 95 97 -- — 98-A 92'A 70 ♦103 — — 94% 17 9334 37 8934 9034 95% 9634 Southwestern 3 tes Bell debentures ' gold 5s Tel 234s * — April-Oct, 94 92 % 11 12 96 103% , 106 105% 109 105% 106 •10134 102 — 10234 10134 10134 102 103 10634 10634 102% 103 12 10634 10634 Internat first gold 4Vis 2013 April Standard Oil of California 2%s debs 1966—Feb-Awp Standard Oil (N J) debentures 23«ts 1971 May-Nov 23«s debentures 1974 ^ *4734 2 50 40 *10334 104 % 98 V4 Jan-July Jan-July Jan-July 1966 61 12034 *106 — May-Nov Sunray Oil Corp 2%s debentures Swift ft Co 234s debentures 1972 2''#s debentures 1973 94 % 118 — 10334 10434 Jan-July 1985—_April-Ocf debs -1 10534 107 107 Jan-July 1983 ""*117% S3 April-Oct ASpokane 98 * April-Oct 1996 1951 *— —' 97% 4s May-Woo 105 43 97 (Mar 2 B 103Va 10334 105 103% 103 3B 10334 96Vi 96 5 96 Vi 66 96 ♦10234 103'/a 97 >4 97 V'4 98 Vi 981/4 91 100 Vi 91 102 Va 96% 97 Vi •98 102 '/a 90 •97 91 A 1955—Feb-Aug •102 May-Nov •102 1957 3s 5s at 1975—Mar-Sept 1978—Mar-Sept 103 34 1 03 *105 Va April-Oct 117Vi 102) 2 10234 98 114% 118'% 116'A 11734 261 *164 105'A *99 103% Jan-July April-Oct 91 103'A «... 118 116VA 11734 1979—June-Dec 1995 34 106 % 116 11734 G ser 1958 series B 106 Co— mtge 2Vis and ref ' —V 103'% 91V4 May-Nov 99 •104 2 99 % 1973_April-Oct 105'A 103% mtge 3Vis C ser 88'A 18 91'A 101 99 12 103 10334 104 101% 3 101%: 104 4s income (Hiram) G series W ft A Jan 234s debs 1981— April April 1991 1966 76'% mortgage mortgage West Penn Power West Shore 3Vis 3s Electric 1967 3Vis 1974 %02'A series I 1966 8 104 »A 73'% 20 7834 73 7S 3 100:14 101'% J. 10234 102% 5 „ 103 Va — 90 -- 91 . 103'4 103% 50'A 50'A 1 * >■— 10534 ' 101 103 10534 106 106 106 10434 105 105V4 106'% — 106 106 5 •104 V4 10434 2361 52'% 101 10234 •102% 10334 . 100 34 5034 *101 —May-No® guaranteed 78 100'b 10034 May-No® Jan-July 1979—May-Nov guaranteed 3Vis 7834 75V4 78 April ' Jan-July 107% Jan-July —Jan-July Western Maryland first mortgage 4s 1952_Aprll-Oct Gen mtge 4Vis-4s series A 1969—, Apr-Oct 6234 5934 62% 114 5934 58 5934 56 55'% 5934 103 VA 104'% 75 103'A 104% 104 V 4 104'A 8 4s first 4s -registered 2361 Western Pacific 4Vis income A Union Telegraph Co— Western Funding and 25-year 30-year gold real 5s estate 2014 102 May-No® 102 June-Dec 9934 88% 9 102 r—i O C 100^ Mar-Sept - I 108 34 107'% •— May 1950 1951 1960 5s Jan 4Vis H OO ■ 57 623s 10434 104'A 10134 10234 100 3 11 100-A, 997s 10034 27 87 V4 88% 69 8534 10134 10134 5 10134 10234 436 10634 109'% z 10134 103 10 102 103 9934 . 100'% 88 Westinghouse Electric Corp— 234s debentures 2.65s 1971 convertible debentures Mar-Sept Jan-July 1973 Wheeling ft Lake Erie RR 234s A Wheeling Steel 3Vis series- C 1970 1992 ■ A A Certificates Certificates Wisconsin 119V4 of of Electric mortgage first 4s Wisconsin 103 103 *115 34 1 ~ — 102% 10234 114% 114% 74 % 74 74 Vi 51 74 77 41 Jan-July Jan-July 1936—May-Nov 41 42 ~8 41 4434 deposit Power 2%s Public — 10234 10234 Jan-July deposit div and term *10234 April-Oct 1960 $ Wisconsin Central Ry— § A First general 4s 1949 § ASu & Du 107Va 109 VB . First mortgage 3Vis series D 1967 Wilson & Co first mortgage 3s 1958 Winston-Salem S B first 4s 109% % June-Dec MaT-Sept Jan-jiUy 234s 1976 June-Dec 1979— Service >100 10034 100 100'/a 107 Vi 107'/a —Mar-Sept 104V4 11934 104 104 __ Co— Penn 9834 J10 1 34 1 0 1 34- . 1023a Mar-Sept 1959 series Power General West First • 103Va 10434 •10234 103 Feb-Aug Washington Terminal 234s series A 1970—Feb-Aug Westchester Ltg 5s stamped gtd 1950 June-Dec 45 104 34 98 % 103V4 10334 — 110 Vi 103 10434 Walworth Co eonv debentures 3V4s 1976—May-Nov Ward Baking Co— 5Vis debentures (subordinated) 1970 April-Oct Warren RR first ref gtd gold 3 Vis 2000 9534 8834 — 110»/8 April-Oct gtd ft General -- 88 gold 4s 110 34 110'/b April-Oct 1967 consol Ry lien Walker 5334 first 101 Va May-Nov mtge income 4V4s series B Jan mortgage 3 34s series B 1971 101 % 88 V'4 first 1966 mtge 15% 9334 Div C 234s Gen 100% Jan-July Div 9534 101'/a •103 Feb-Aug 1991_Mar-Sept 1976 334s debentures Electric Wabash RR — 1996—_Jan-July mortgage 2Vis series G 1961——Jan-July Southern Ry first consol gold 5s 1994—_Jan-July Louis America debentures consolidated First 17 98% 99 99 F Memphis 2634 101 Va 101'/a June-Dec 1970 ' 510 *54 First St 57 Vi 92 W 104% ~ 82'/a *10234 1975_June-Dec Dovel and general 4s series A 1956— Devel and general 6» series A 1956 Devel and general 6Vis series A 1956 22Vi •104% 105 JL 7934 101 % 1986„: 52 141 — 106 6 •' — 104 10034 101 Southern First 101 9934 May-Nov _ debs 1976 of 234s Called bonds 119 9934 98 34 May-Nov 1981 234s Virginia ft Southwest first gtd 5s 2003 66 % 118 % - Mar-Sept 1969 San Fran Term 1st mtge 33«s Pacific RR Co— 62'/4 1 81% Jan-July Jan-July 1994— 101 % 1975__April-Oct Gen 10034 Jan-July Feb-Aug / First 301 Co— Southern Pacific Co— 100 2634 •95'/a 1971—May-Nov refund mtge 234s ser E First and refund mtge 3s series F 3 Vis convertible debentures 1963 9434 9 *12634 April-Oct C 1985 93 10534 10534 ; June-Dec 1963— 44 6434 1C4 7s 5s 94 *10734 — 334s First and 71 11834 119 10534 Jan-July Southern Bell Telephone & Telegraph 3s debentures 1979 2%s 65 10034 10034 1941_Feb-Aup 1965..——_Jan-JuZy gtd 57'/2 24'/2 2434 Mar-Sept ' 6334 104 1971—_April-Oct trust High — 56 3 4 RR— RR Virginian 19G8_June-Dec 1976 RR 104 __ 93 1 mtge 4%s series A Jan 2016-Jan-July Seagram (Jos E.)-& Sons 2%s 1966——-June-Dec 3s debentures 1974— j June-Dec ffiASilesian-Amer California First and refund 93'A 1996 Low V , 2022___May AGeneral Shell 103% 74 *66 Co— series 5 ♦100 — 1971—_—April-Oct gtd 4s 1989_May-Now Scioto V & North Eastern first 104 *6734 1989_Jan-July 1990—Jan-July 5s series A first Jan. 1 No. May-Nov sinking fund series Virginia 104 Missouri and coll trust 23As Pictures Consol S —May-No® First 4s bond certificates 1989 Second 4s inc bond certificates Nov 1960—June-Dec 1961 10'A 11 -n. Jan Range Since Sold BV's 934 — A •103Vi 57 10634 8V4 — *834 Jan-July mtge inc 4%s series St Louis-Southwestern Ry— 334s 1968 debentures Universal ~~ 1955_Jan-July mortgage ASecond of Rubber S __ ♦10634 —April-Oct Mt ft P 1960 debs Refunding mortgage 2Vis series U — •106'A Mar-Sept Jan-July 199C June-Dec 1960 Jan 2%s of debentures Vandalia St 1974 and impt ref United Biscuit Co H . 334s Jan-July April-Oct Corp First mortgage Union D General Ohio Cent & Bands High U 10134 10134 — Corp— General Orleans first refunding 4s Union Electric Co Jan-July 1973 New of Ry Union ft ref 3Vis series D Friday's Bid & Asked — R Reynolds (R J) RR Ave Tri-Continental 3s Reading Co first or Sale Price Pacific— AAdJustment income 5s 230 •10634 Pacific-Missouri tThird — •221 Week's Range Last Period Low 105 V4 109 —— Interest Exchange High Q 234s BONDS New York Stock Texas 10434 and First S Friday Friday's Co— May-Now refunding mortgage 3 Vis 1968-Jan-July refunding mortgage 5s 2037__Jan-July First and refunding mortgage 8s 2037—Ju?ie-Dec First and refunding mortgage 3s 1972—Maj/-Nov First and refunding mortgage 2%s 1979_June-Dec First or Bid & Asked Low Service Electric ft debentures Last Period Exchange FEBRUARY Week's Range 3 Vis 1971 Jan-July 107'/a 107'/a T Yonkers Terminal RR Assn of St Louis— Refund and impt M 4s series C Refund and impt 2%s series Texas Corp 3s debentures 1965 • 2019 D 1985 First and ft refund Pacific General and M B gold refund M 5s ' Electric Light ft Power 29/as 1976_Jan-July Deferred delivery sale Includes not not me •99Vi ;h; i 9934 Q JEx-imeren. range. • Odd-lot tale not 6 104 105 Included 8 10534 106 V2 not included 4 101 10134 2 95 the §Negotlability impaired by maturity. ♦Companies reported as being in bankruptcy, receiver ship, or reorganlaed under Bectlon TT ol Bankruptcy Act. or securities assumed by such companies. •Friday's bid and asked prices; no sales being transacted during current week. 106 34 O 0^ 9934 100 1293B 12934 — — 1985-Jan-July a 106 O ►—» — — June-Dec E ser — 10434 105 — 106'/+ 1990. April-Oct 2000 3%s — 1970-April-Oct C 33is series first *11934 April-Oct —May-Nov Texas ft New Orleans RR— First and refund M 3%s series Texas Jan-July 105 105 101 4 128% 130 >A. 43 106 103-4 106 in the ABonde year's range in the year's selling n Under-th«-rul« tala not Included th# In yea"'- range. rOash anlo y Ex-coupcn. range, flat. NEW YORK CURB EXCHANGE WEEKLY the following extensive list we furnish and ending the current Friday, Feb. 3. It is . bond, in which or AND YEARLY RECORD complete record of the transactions on New York Curb Exchange for the week beginning on Saturday, Jan. 28 compiled from 4the reports of the Curb Exchange itself, and is intended to include every security, whether stock dealings have occurred during the current year. any a RANGE FOR WEEK ENDED FEBRUARY Friday , New lTork Curb Exchange ,] Week's Sales Last Range for Week Sale rrice STOCKS , of Prices Shares Par Low ACF-Brill Motors warrants Acme Aluminum Acme Wire Co Adam Aero Alloys _1 10 Hat Stores Supply Inc. : Manufacturing : common Associates Inc (N Jf Air-Way Electrifc Appliance Alaska Alles 4.20% : Fisher 134 5 __ 2334 200 4'/a 400 13.4 234 834 10% 11 Vi __ .. 434 1 * 18% xGVi Aluminum Co $3.75 of America common cumulative Aluminum preferred Manufacturing Industries-common Aluminium Ltd common for footnotes see page 14 34 1,500 13 34 Jan American Bantam Car Co class A„ 1 '% % tif 2,600 i .1 Jan itf Beverage 1 134 Jail 134 81 Jan 834 21 434 Jan 2334 Jan Jan 534 Jan Jan 10% Feb 754 Jan 734 Jan. 83 S5'% 70 534 80 Jan Jan 4 Jan 234 12 8% Cities Jan American Gas Jan Jan 3% 100 3% Jan 1824 950 16% Jan 1834 x6V4 3.100 534 Jan 6 Jan common Jan Jan Power & 914 & Hard Rubber Manufacturing Co 6 % Jan American Maracaibo 6 Jan American Metal Laundry Machine 53% 54% 10.500 51% Jan 543-t Jan American 9934 100V4 Meter Co.. 1,200 96'% Jan 10034 Jan American Natural 24% Jan American G12 7l/2 800 634 Jan 8'4 Jan 47V-2 Class 48% 2,200 47'% Feb 49'4 Jan American Potash 934 934 2 & -25 3,000 Jan Jan Jan 81 Jan 934 114 Jan 11434 _ Jan 2 Jan 1134 1234 350 Jan 234 Jan 34 34 Jan 35% Jan 39 Jan 40 Jan 10'% Jan 13% Jan 1.600 1934 Jan 21'% Jan 18 34 Jan 34 Jan __ — 10% 1634 1734 2,500 16 34 Jan 1 334 334 3% 11,200 3-% Jan 1.600 2 common. 6% pfd_ —25 class _ 25 com— —25 — _ _ 15'A 14% 15'A % 47'% 4834 300 47 36'% 36'% 37 .100 34 47 * A_ • _ 1,500 34% 20% • Chent 34 34% 19 74 Ei Republics 2 150 1934 . Co 2 • 20 _ . .. Gas V'4 11434 11434 1 __ .. Co Products 54V4 4334 _10c 1 _ American 9934 _• Co American Jan 11434 $2 convertible preferred.. $2.50 convertible preferred Feb 26 _100 —- American Jan Electric— preferred American General Corp common • _• „ 1434 Light— Jan 4 __ 100 _ 434Vo Jan pfd_ conv Book Co American 8% 4% American Jan 85V2 100 American 5% 100 9 29 1334 Jan 400 — Alumiuum Goods 14 "R 4 134 „ High Jan 1,000 17 Low 15 3 1,100 2,700 Range Since January 1 High Filter 2,700 4V4 Low Shares Amer Air 8V4 434 Par for Week ' Jan 834 3Vi High Sales Range of Prices 1V4 99'% __ Last Sale Price Exchange Jan 8 1 New York Curb 1% 8 3 Allied International Investing Corp—.1 Allied Products "(Mich) common;.. 5 Altes Brewing Co .* Altol'er Bros common.. 1,500 4Va „ 1 cbmmon 334 100 Airlines Inc_ <fc 3V4 * .—50 preferred 100 22% —1 —— Alabama Great Southern Power 334 1 Air Alabama l Manufacturing—: Agnew Surpass Shoe Stores Ainsworth Low i % Week's Friday STOCKS Range Since January 1 High l y„ common 3 . 10 27 27% 29 28 26 30'A 75 13% Jan 4 1534 Jan Jan 34 26% 49 Jan Jan 37 Jan Jan 29'% Jail 20 34 2,7 00 26 Jan 29 Jan 30% 5,100 27% Jan 33 34 Jan 26 RANGE of Prices Shares series $6 preferred 5% American Thread American Writing Paper common Anchor Post Angerman Products Co Inc Anglo-Iranian Amer Oil Manufacturing Co Appalachian Elec Pwr 4Ya% Argus Inc — pfd ___ Arkansas Natural Gas » 2.50 Aro Equipment Corp Ashland Oil & Refining Co $1.20 American dep rets * Fisheries. Atlantic Coast Line Co. Avery 6% 6% Jan Jan 6% Jan 13% Jan 7% Jan 6% 300 3 10% 22% 24% 10 Y2 Jan 13'A Jan 3 Jan 3% Jan 7% Jan 500 6 % Jan 290 109 % Jan 1,800 3% Jan . Jan 112 Jan 3% Jan 12% 13,100 10% Jan 39,200 10% Jan 12 % Jan 1,200 10% Feb 11 Jan 114% Jan 115% Jan 1,000 8% Jan 11% Jan 5,600 21% Jan 22% Jan Jan 24% Jan Jan 10'/a Jan 24 1,700 9% 1,900 1 5 49 50 50 5 15% Jan 700 Service Clark Controller Clarostat Claude Inc Cockshutt Colon Co Plow Cdlt's Jan 41% Jan 67% Jan 2% Jan 3% Jan 250 6 16% 44 Jan 50 Feb 38,800 5 Jan 6 Feb 17% Jan 3,900 15% Jan 100 5 "A Jan 6 Jan Jan 8% Jan 5% 13 ][j 550 5% 8Y2 7% 20%- 1,300 425 13 1,900 500 Jan 9 Jan 19% Jan 22 Jan 11% Jan 13 Feb 7% Baldwin 4 Via 4% Banco 52% de los American Basic Jan 57% Jan Lt Beck 700 Jan Jan 38% Telephone Benrus 12% & Pwr Bait & Canada 12%- Inc Blauner's Blue 5%% Bourjois Breeze Bridgeport Light <fc common. Class A British Continental Car-Na-Var Corp Amer 10% Jan 4'A Jan Jan 5% Jan Amer dep Amer rets ord dep British Columbia Class Bruce (EL) Co Bruck Mills Ltd Buckeye class & Reynolds Bun'ker Hill Cosden Petroleum Burma 12 % Courtaulds Ltd— Corp receipts dep Creole (ord Milner & Electric Fire Canada Bread Canadian 34% Jan 35% 7% Jan Convertible 8 75 Feb 15% 150 15 Jan 16% Jan Drug Co common Curtis 300 8 Feb 8% Jan Curtis 4 300 12 Yt Jan 13% U Jan Jan 44% 6% Jan 6% 425 33% Jan 37 36 37 Jan Feb Jan 38 10 % • __ 13% 10% 300 77'/2 6,800 69% Jan 114 114% 60 113% Jan 116 Jan 106 __ 106' 20 104% Jan 108 Jan 12% Jan 4% Jan 4% Jan 88% 75% 13% 13% 9 "A 1,900 4% 4% 300 87% 86% 87% 1,100 2% 2"% __ 3 86 900 10% Jan Jan 77% Feb 13% Jan Jan Jan 2% 13% 14% 30'A 31 4,500 3 Jan 1% 14 Jan Jan 1% Jan 13% 600 ■ Jan Jan 32 2,400 I'J 11% 1,500 6% ^ Jan 14% 30 Jan Jan Yz Jan 10 Yz Jan 11 Ye Jan 6Yt Jan 6% Jan 16% Jan 17% Jan 57/e 5% 6 3,400 5% Jan 6% Jan 36% 36% 37 150 34% Jan 37% Jan 32 31'A 32 7,400 31% Jan 3 Jan 3 Jan 32% Jan l'/a 1% l'A 6,900 1 Jan 1% Jan 3 2"% 3 1,400 2% Jan 3 Jan 7 Yz Jan ""6% 1 5' 200 5% Jan 6% 600 5% Jan 11% 400 11% 400 2% 6% Jan 6% 3 3 3 11% Feb Jan 3% Jan 2% 25c i_— 6% 5% 11% 6% Jan 2% Jan Jan, • Cuban __10 Atlantic 51 Jan 50% 50% 50% 20 50Yt Jan 20% 20% 21% 5,600 18% Jan 11"% 11% 12% 150 10% Jan 12% Jan 13% 13Y2 13% 300 13% Jan 14% Jan 35 , 5 Sugar common 3% Jan 4 Ye 8% 875 Jan 9% 35 35 Jan 36% Jan Jan X71 Jan 56% Jan Jan 22 Yz Jan Jan 5% Jan Jan 17% Feb Jan 6% Jan Day Dayton Rubber Co class A 81 Yr 22% 30 19 Jan1 5 16 Ya 6 1,000 5 24 50 24 Jan 24 Jan 17% 50 17 Jan 17Yt Jan 33 Jan 33% Jan 22 V, 200 23 , Feb 84 Jan ' 5% , 5 Jan 51 100 56% H 2.50 Jan 7% * Lighting Inc common... Manufacturing Co (Mo) 21% Jan Jan 5,700 13% 17%- Jan 23% Jan "5% *8% 1% 8 Y< Jan Jan 8% Jan 1% 100 Jan 8 1,150 1% Davenport Hosiery Mills Jan 1% Jan __2.50 Daviusoii-Jtirotntrs xuc common—'—1 Mines Inc—___— Dejay Stores common. Dennison Mfg class A 8% debenture common Devoe & 3,100 27 Ya 500 7% 200 7% 1% 10 • Jan 2Yz x25% Jan 27% Feb 7% Jan 8 % Jan 10% 1,300 Jan 11% Jan Jan 146 800 9 Ye Jan 10 4,300 1% Jan 2 % Jan 23% 900 22 Yz Jan 23% Jan 11 Jan 11% Jan 1% Jan 14% Jan 146 10 1% 2 22% a 1 Ye, Jan Ye 9% 10 - 11 6% ' mm- 1 Raynolds class B 500 2% 10% 11 ..^—l Products— Steel 7"% —100 Manufacturing..: -6% 2% 26 —50c .5 Detroit Gray Iron Foundry.: Detroit 2% 35 ____ 25 6% __„10c ; ____ Detroit Gasket & 8 2% 24% 100 23% 24% Jan 2% 2% 200 2% Jan 2% — — -- -- — — Jan Jan Jan 12% 1,300 11% 5% 2,200 5 Yt Jan 5 Yz Jan 3,700 14% Jan 17 Yt Jan 16 % 17% 18% 16% Distillers Ltd— Co American dep rets ord reg 4s 18% 6 Ye 1,000 12 12 Y4 700 16 15% 16 3,900 7% 8 17% 500 6 12% 450 Jan Jan 6 llVt 15 Yt1 7% 7% % % 37,500 •w; 4% 4% 4% 11,800 3% 19 Ye 6 Ye Jan Jan Jan 12 Jan Jan I6Y4 Jan Feb Jan 9 Jan % Jan Jan 4% Jan Dobeckinun Co t_l common Domestic Credit Corp class A Dominion Dominion Steel Dominion Tar Coal & B Ltd 3% Jan Jan 1% Jan 5 % 7'A dep rets ord reg Feb 87% ~2% "2% 13% 13 Yz Jan 18% Jan Jan 9% 23% Jan 9% 200 Jan 9% Jan 73% 225 69 Jan 73% 26 £l (The) Hosiery class B common Test Co_ l 2% • 1 100 26 Feb 29 Jan 88 325 85 Jan 88 Jan 3% 500 "2% Jan "2% 25 13 Yz Jan 14% Jan 300 3% Jan 4% Jan 4 3% 16% 16 Ye 100 72 71 72 175 .100 69 68 69 1,200 Corp common * . Jan 9 26 Jan 16% Feb Dunlop Rubber Co Ltd— Feb Jan 26 * • 700 __ 9% —10 Co: Duke Power Co 73 * Jan 3% 38% 3% ' 16% 500 3% 2,700 Jan 17 Jan 16 Jan 4% Jan 1% 800 73% 18% Jan Jan 23% 17% * Jan 37 18% _• ; Harris 4 __ 25 Dominion Textile Co Ltd common Driver 3% 12% 1,800 5,200 " Chemical Co & 14 13% • _ class Draper Corp 14 4 - 1 Bridge Co Ltd— American 3% 4% 5% 611 1% Jan Jan 12% J&n 5% preferred—£1 .—1 Ltd—* —1 .... 5% 100 4% 6 6% 5,500 6 9 5,000 8 Jan Ltd B Industries _1 Light $5 pfd 2% 100 7% Jan 8 % Jan 8% 200 7 Ye Jan 8'A Jan 2 Yz 2% 9,600 2% 17 Jan 9 Jan 8% 67% 67 11? "3% 68 113 3% 3 Yr 125 Jan 63 500 Jan 3 9 * 1 Biscuit Co-: Carr-Consolidated . Jan 113 50 3 Ye 5,900 2% 19% 9 3% 68 rets A rets B ord W) Co Products (A M) 1 of America Central Maine Power Co— 25% Empire Millwork Corp Jan Emsco Derrick & Jan Equity $3 Feb 114% Jan Jan 3% Jan Corp Equipment common convertible preferred— Esquire Inc 6 100 Jan 6% 155% 16 100 17%. 10 Investors Inc. Convertible preference Century 4% Jan 5% 23% Jan 26% 5% 25 64 Jan 67 Yz Jan 19% 20% Jan 15'A 103 % 20 Yz 3,300 18% Jan 79 Yz 79% 225 77 Yz Jan 19% Feb 10 10% 800 8% Jan 10% Jan 18% 19% 38,500 17% Jan 19% Jan 14% 16 16 Jan 7,000 11% Jan 103 Yz 103 Yz 50 103 Yz Feb 5 10c 1 5% 12% 1% 45 , 105 Yz Jan 5% 5% 600 5% Jan X6Y4 Jan 12% 12 Yz 200 12 Yz Feb 14 Jan 1% 1% Yz Jan 7,600 175 44% x45 l 42 1% Jan Jan Jan x45 '6 Jan 5% Corp Pipe Line common Ltd 5 Yz 5 Yz 500 5% Jan % % % 3,700 A Jan A Jan 15 Jan 15 Ya Jan 26 Jan 1 10 . Jan 6% 5,300 4% Jan 7JA Jah —1 .1 30 81% Jan 83% Jan. 10% 500 9% Jan 10% Jan 10 7% —— 15% 18 4,750 94 Jan 95 Jan 10c 14% Jan 18% Jan __1 152% 158'/a 1,870 142% Jan 14% 17% 430 14% Jan 17% 15 17% 1,475 14% Jan 7% 300 7% Feb 7% 159 Jan Fishman Feb 5c 17% Feb Ford 7% Jan 4% 4% 2,600 Co— Motor Motor Co Jan Class A £1 Jan Class B voting: eoo 7 Feb 7% Jan 300 8% Jan 9% Feb 2,700 22% Jan 5% 18,700 4% Jan 5% Jan 10 Ye Jail 12 Yt Jan 72 Jan 76 Jan 11 Yt 11 % 11% 3,900 64 Yt X61%' 73% 170 3 Ysr — 3 3 Ye 500 32 32 Yz 175 3% 3% 4 25% non-voting 4% 7% 24% 5 Ye 32 Jan 3 Ye Jan Jan 2% 32% Jan 5 % Jan 21 Jan 26 % Feb 300 22% Jan 28 Feb 28,800 % Jan 2,000 3% Jan * of Canada-— 38% 9% 22% Ltd— deposit rets ord reg Jan 7 5% 1 Jan 9 24 - Stores.: 3% 37 4% (M H) to $1 American Ford 10 29 Metallurgical. Fansteel 33% —2.50 common • 9% -10 America 64 Jan 850 —f_2 common page 64 Jan 200 —— 17 100 «ee 25% . 100 7% footnote* Jan 64 1 82'A 10 100 Corp 75 100 1 r Eureka ' 100 —1 of 4 Jan 19% pfd Jan Jan 71 _5 1 3.50% preferred Co Jan 3 75 79% Jan 5% 10 Catalin Corp Chamberlin 30 % 1,300 19% Jan 4% 4% common....— & Co— Cessna Aircraft Co Jan 3% 3% Jan 26'A common * Casco Castle Jan Jan 72 Yz 1 _* 5% Jan 72 70% 71 1 Empire District Electric 3% Jan Jan Jan 29 — mm 3% shares of beneficial int. Easy Washing Ma6hine class B__ shares of beneficial int 3% 67 67 Yz £1, —2s 6d ord— dep dep e series B Sugar Associates— $5 pfd Ltd— (J __ * Eureka Carreras 25 ♦ Corp 3% Electric Eond & Share common Electrographic Corp common 7% 8 5 1 __* common... States Common 7% 2.50 Co.— Eastern Malleable Iron Eastern Ltd— — & Jan $6 preferred * Products common— & Kennedy Inc. Power 23% preferred prior preferred $7 preferred series A. —100 Marconi Co Jan * 4 V2V0 6 '7o Eastern :—,—'* preferred Carnation 22 % —* non-voting & 25 Alcohol— Class City 22% common...—* preferred. Carey Baxter 22% !__* 20 voting Canadian x8% Jan — — Industrial Canadian x8% —-5 Co Ltd common A For Jan Jan Jan 24 4% Ltd Co Class Charis 32 —* $6 preferred Jan 52 400 2,500 50c Power Canners Canadian Amer 2,900 r ' 550 7% % common preference Amer .L rA Jan 800 Crystal Oil Refining common 12%c Insurance... Canada Cement Carter Jun 9,600 ; Jan 1 ... dep rets 51c Estate Camden Carolina 5% 17 Co Internat'l 2Yt 11% Edmonton Corp California Carman Jan 6 Jan 5% 2.50 Sugar & Capital 4% Wireless- & American Calamba I'/o Jan 2,100 1 Duval Texas Sulphur.^— 6 Vz'fo 5'A 6% Crosley Motors Inc.. Duro Calgary 5% Jan reg)__£l Durham Cables Jan 4% 39% 5 1% 5% * ; Products 5% 16% : 400 12% * Corp... Electric 900 1,600 11 Va Duraloy Cable 5% 4% 6% Petroleum Brewing Co 1%' Jan dep rets..... Amer Biscuit Jart f-% , Crown 1 B__ Co. Jan 14 50 Feb 17% — 8 Jan 16% convertible preferred— 12% 55% 22% Jan Jan 6'A 1 Jan 100 700 31 4% 11% common 11% 5 % ___2.50 common Ring 7% Jan 27 l 600 24% 1 Sullivan & Piston 1,500 __* common 12% 10 . common. class 6% _____♦ Inc—________ (Md) 17% * A Line.—_ Pipe 31 % "A'1 partic 400 10s junior preferred Co Jan 29% Jan * Distillers..— Rubber Brown 7% -,7ff Crown Cork —' * Forman Jan ^._5c preferred class A 8% __ 23 £1 £1 reg Power cumulative 6% __ Crowley 17% * . B Brown Burry Co ord reg Ltd— rets 100 1,300 1 Co Crown Cent Petroleum Tobacco— Celanese Jan 6% 4,050 Varnish Co. Paint & Feb 24 * dep rets ord bearer. British 2% 1 Jan * Oil 3% Jan G% 10 Jan 8 22 22 5% _* Co mi American Jan 1% 44% Royalty Oil 7% 5% 1 : Light 2% 11,300 6% Consolidated 5% 17% * Power Manufacturing Co common 4% 56% 25 ____ Gas 3,200 2% 43% 1 17% 8% Co British-American Burd 1 _—* _ Inc Corp 3 2 6% _•_* Jan 3% 4 common common Brazilian Traction Brillo 8% 13% common. Scrymser Jan 2% 44 % Mining & Smelting Ltd..5 Jan 15% prior cumulative preftfrred.100 Borne, Jan 17 5% Liquidating Corp Jan 75 3 Co 13 Jan 4% Gas Utilities. 6% 59% & Mach Co com.' <fc Co (S) (H C) Jan 16 14 Consolidated 12% 15% .1 common Ridge Corp Bohack 12% • Consolidated 75 75 * common Blumenthal Jan 200 76"% 300 7% 1 __ common Birdsboro Steel Fdry 16% 400 114% Cuban Tobacco common Bickford's Jan 13 i—lOO 6% 35 35 common__25 Inc.. Co Hedges 16 17 com—* 8,200 1% common of Watch Benson 500 6% 1 Lt 4% common.. (AS) Shoe Corp. Aircraft 16% Jan 2 25 17% 6% 17 17 common.____.__ Ties 3% Jan 1 5% 6% Inc.. & Co 4%- 78% 16% < Consolidated American 4% Jan 25 series B preferred—.. Croft . Jan 67% 27,000 Jan ___♦ Corp (L) Bellanca 10% 9% 4'A 10% ___—1 Ltd. Pwr & Refractories Baumann II __.1 common Jan 37 Andes— Beau-Brummel Bell Co shares Tr Steel Barium 2,100 30 Rubber Barcelona 55% 1% 3 . preferred series C_-_——100 5% preferred Baldwin 53% 55 Jan 1,000 2,400 16 __ 1956 Elec Gas %% Corroon Locomotive— ♦ Jan 8% 13 Iron warrants Hotel Inc Vtc ext to Consol $1 Co Jan 7% 9% 8% Compo Shoe Machinery— Coro Wilcox Jan 74% __1 : Cornucopia Gold Mines. & 7% 5% Manufacturing Co Cook Babcock Jan 200 Jan 8% . ___1 Continental Foundry & Machine B Jan 18% 1 • Colonial Sand & Stone Co & 64% Jan _* common.: Airlines.! Colorado Fuel Jan 17% 71% "16 Development ordinary Colonial 62 8% 1 1 Co 11% 100 8% High Feb 17% Clayton & Lambert Manufacturing—^4 Clinchfield Coal Corp common——20 Club Aluminum Products 9% 350 73% :_l common Low 1,125 63 1 Manufacturing Co Neon 62% 10 Co 10% 8% 5 Range Since January 1 High 9% —17% __10 ; common City & Suburban Homes Commodore 5,400 8% 7% 19Yz 12% I 20% 3 common 12 66 3% 8Yz 7Y? .25 Corp % — » & Sons common Collieries Cities 9% 62% common City Auto Stamping. 12% 100 300 63 2% 6 16% 1 . Inc preferred Ayrshire * 50 Voting Machine (BP) Jan 5% % _ 1 ... Atlas Plywood Cdrp Automatic Steel Products Automatic 6% 22% 24% 10 1- _* ... warrants Corp Jan 300 2% * America. of Coast Atlas 4% Low 5 Chesebrough Manufacturing com—__10 Chicago Rivet & Machine .__4 Chicago & Southern Air Lines * Voting trust certificates. _* Chief Consolidated Mining.. _i Cherry-Burrell Community Public Service class A_l.'_ Atlantic Shares £1 reg Tel & Jan Industries— Laundries Associated Associated Tel 4% Feb 131 1,000 10% 227/8 24% 10% 1 Corp.. Electric Associated 1,000 — — 1 preferred conv Aspinook (The) Jan 6% 6% 7 109% 110 3% 3% 11% 12%' 11% 12% 10% 10% 67a 109Y2 3% 11% 11% 10% J_ * Light $7 pfd Power & Jan 116% 6Ye 7Ye 3^ — 10 preferred Arkansas Feb % 1,200 13% — • common Common class A non-voting 6% 12 36,700 7Ye £1 ..—1 1 .100 _--_l Angostura-Wupperman Apex-Elec 800 Ltd— Co dep rets ord reg for Week of Prices Par Jan 4% Jan 6% . .-1 common Sales Range Sale Price High Low 3% 6 6% 2 C, , 4 131 5 5 preferred 4Yt 12 12 124% 131 4% 4% 4Ya 12 Range Since January 1 High Low 10c * Week's Last New York Curb Exchange for Week __2 Amer FEBRUARY 3 Sales Range Sale Price Seal-Kap common Superpower Corp common EXCHANGE FOR WEEK ENDED Friday Week's Last Par Monday, February 6, 1950 STOCKS Friday STOCKS American FINANCIAL CHRONICLE CURB YORK NEW New York Curb Exchange & COMMERCIAL THE (578) * 23 26 % 27 24% 28 6,000 Ford Motor of France— American deposit receipts bearer—:— Volume 171 Number 4879 THE COMMERCIAL NEW YORK & FINANCIAL CURB CHRONICLE EXCHANGE RANGE FOR WEEK ENDED FEBRUARY Friday STOCKS New York Curb IVetk's Last Exchange Range Sale Price of Prices Par Fort Pitt Fox Brewing Co__ (Peter) 1 Brewing (Geo 15% 17 for Week Friday Shares 11 Va 50 30% __ 5 11% Low New York Curb HV2 Jan 17 Jan 1,900 9% Jan 11% 50 30 11% 2,000 10 7% Jan Jan 31 Jan Jan 11% Feb Kings County 4% Kirkland 5% Power Co common Lake Gelhnan Mfg Co General Alloys General Co dep General Supply Corp preferred ord Adv Phoenix 1 3% Jan 7% Power $6 7 4274 3% Feb 23% Feb 7 67a Jan 7% Jan Jan 8% Feb 41% Jan 46 Feb 30 Feb 107% Jan Jan 5% Jan Lamson Corp 2% Jan 4% Feb Lanston Monotype Jan 115"% Jan La 115 Va 75 * & Co 114 3% 5,900 5% 1,800 19% 600 5% ~3% 1 Distilleries Union (Adolf) Co 57a class B__.___ 167a 167a (Thos J) Jan 5% Jan Lipton Jan 19% Feb Lit Jan 14 Brothers Jan Feb 87a 874 8 Va 600 774 Jan x9 Va 15% 15% 16 274 274 Jan Jan Lone Manufacturing 10 common ~4% 64 G5 13 5 Atlantic & Pacific 1st preferred Northern Paper pfd Alabastine L- Gas Jan 45 Jan Jan Jan 77 % 2% Jan 100 4% Jan 61% Common Paper Electric Jan Rayon common Brewing Co Hathaway Bakeries Inc Hazeltine Corp Hearn Dept Stores Hecla Class A . Heller Co 5%'/ certificates of Co 4% preferred Hoe (R) & Co Hollinger Consolidated M Inc Horder's Hormel Jan 6% 11 Jan 12% 128% Jan 142% 130 Mackintosh-Hemphill Co Horn Hardart & 270 5% preferred Feb Maine 9% Jan 110 Mangel 109% Jan 109% 109% 110 Power 111% Jan Public & Light $6 Service Stores (Harvey) Oil Hurd & Inc common.—5 Refining * Lock & Manufacturing Co Refrigerator $2.25 pfd__. Common stock warrants...... Manischewitz Co (The B) Huyler's 1st * 1 common convertible preferred 5% 5% 200 5% Jan 11 11 Va 6'A Jan 300 10% Jan 15 15 11% 15 Jan 16 Jan 50 50% 50 47% Jan 2 50 % Jan 2% 2,000 1% Jan 2% 300 1% Jan 2% Jan 10% Jan 11 Feb 16 Jan 20 Jan 2% 2% 10% 11 500 20 9,300 7% 900 11 11% 1,500 11 14% 14% 200 13 6% . Jan 8% Jan Jan 11% Jan Jan 15 McAleer 5% Zinc Co 12% 50 12% Jan 12 % 12% 11% Jan 12% Feb Registered Jan 99 Jan 75 Mfg Co a ... . Imperial Tobacco of Canada..... Co ... 5 ... McKee (AG) McWilliams Mead Co of North Cigar International Preferred America -10 ... $3.50 International series Metal 50 Industries Registered shares International __ Products International Safety Investors Iowa 4.90% . Service preferred _ Irving Air a 10 _ v t 6%% A 650 45% Jan 48% Jan 8% Jan 9% Jan 2% Jan 3% Jan Michigan Sugar Co 31% 150 31 Jan 34 Jan 13% 43 Jan 163 10 33 Va 33 33% 825 19% 197s 19 % 600 81 84% 5,400 Jan 84% 32% Jan 108% Jan 110% Jan 18% Jan 19% Jan 81 Jan 4% 49% 49% 25 1% 86 Jan ~2% 1,200 Jan 4% Jan 48% Jan 49 % Jan Jan 9% Jan Jan Jan 17% Jan 3% 18% Jan 14% 1G 325 2'A 14% 3% Jan 17 __ Jan 8% 49% — 34 17% 200 14% Jan 2% 8 9 2,850 7% Jan 10 37. —■■ — 3% 21% Textile Jan Jan West Corp Midland Oil Midland Steel Corp $1 Midvale Co MidrWest Oil Midwest Piping & Supply Miller Wohl 4%% Co Jan Jan Feb Jan Jan 100% Jan Jan Mountain States Power 113 Jan Mountain Jan 15% Jan Jan 797a Feb 3% 8 % 5,000 "7 7a Jan 8% 8% ~87a Jan 8% 2,400 77a Jan 117a 12 ft 1,400 u 1 11 Jan 12 Italian Superpower Corp _ com class A <1 Plan Mountain Corp of Lake Sulphur Co Brown Stores (N J) common Preference Julian & U Jan 14,100 1% Jan 2 100 Jan 6 Jan Jan 55 Kaiser-Frazer Gas & Corp... 10 92% Jan 93 678 6% 6% 1,100 1 Va l'/a 1% 1,700 7% pfd ^ 16% 16% 15 Jan 16% Jan Nachman 100 7% 6 % 4,800 5 Va Jan 67a Jan Namm's 1 1% 2,600 1 Jan 1 Va Jan National Bellas Breweries Inc Kennedy's Inc Hess Key Co Kidde common (Walter) & Co For footnotes see page Jan 8% Feb Jan 9% Jan 2% 27a 2ft 8,200 2ft Jan 274 Jan Jan 10 Va Jan 24% 24% 150 24 Jan 257a Jan 15 Va 1674 3,500 13 Jan 17% Jan 374 374 400 * 1574 207a 2074 21 23% 23% 300 2Va 27a 3,100 6 6% 2'A 6 32 32 11 Va HV3 3% 11% 10174 103 34 1,100 20 Jan 4 Jan Jan 21 Jan 2474 Jan 2 Jan 2% Jan 700 6 Feb 65/a Jan 25 32 Feb 32 Va Jan 107a Jan 11% Feb 1,600 23% , Jan 150 101 Jan 34% 400 34 Feb 35 % Jan 103 Feb 1 77a 7% 77a 1,900 7% Jan 77a Jan 1 3 27a 3 1,300 27b Jan 3% Jan 100 Va Jan 105 100 100 106Va 1 2% 106% 106% 274 27a * 180 % 180% 181 % 106% Jan 107% Jan 2% Jan 2% Jan 130 176 Va 34'A 14 % * ~57a 574 33 % 14% 32 100 ~5% 147a 700 14% 33% 1,375 182 38 Jan 6 Jan Jan 31% Jan 97 Feb 50 24 25 25 ~8% ~8% 100 13 137a 700 11 11% 2,700 157a 33 Va 104 Jan Jan Feb Jan 117a Jan 257a 32 Va 8'A 10 50c Jan Jan Jan 350 101 * ; 5 4,000 97 5 2.50 Jan 50 600 * 10c National Mallinson Jan 34 8 Va Jan 874 Jan 13 Jan 13% Jan 10% Jan 11 % Jan Jan 137a Jan Jan 4% Jan Jan 4 Jan 57a Jan National Mfg & Stores 77a Jan National Pressure 3 %r 3% 400 3% Jan National Va 37a Jan 3% 3% 300 37a Jan 374 Jan National 177a 18% 125 177a Jan 187a Jan National Rubber National 5 6Vs 80,200 116 116 % 50 17Va 17% 400 47B 116 1574 Neptune Meter Jan 6 V8 Feb Nestle Jan 116% Jan New Jan 17% Jan 12 12 150 11% 12% 600 974 Jan 127a Jan 11%. 12% 300 11% Feb 13 Jan 103% 10374 20 11% Jan 13 Jan New Le Jan Jan Haven 4%7c Feb 30374 Feb Ltd 297a 117a Co Clock Co Jan 31 % Jan 15,700 10% Jan 11% Feb 8% Jan 9 Jan 13 7t 100 10 Va Jan 14 Jan 11 900 8% Jan 11 Jan 4 8 Va 8% 10 67a * 18 — 8% & Watch 27a Jan 3% Feb % 59,800 2% Jan 4% Jan 24% Jan Jan 4'/a 37a 4 _ Land. ... common.. 27% 2,700 57a 5% 600 57b Jan 27% 5% 9474 570 927b Feb 97 4,600 1 Jan 1% 300 4 Jan 5 59 1% 1% 1% 5 4 5 25 _ „— .1 20 _ _ 75/a 18 927a . 93 577a 57 Va 5874 4,800 55% Jan _1 8% 8% 9 Va 2,700 7% Jan 1% 300 1 17a Jan 2,600 3% 1 Co 9% J an Jan 27a 2574 Feb 6 % 17% 3% .100 _ 8 Va 300 30c Tel 400 8 400 67a 18 1 common & 700 137i 10 Va — _ 8% 1374 common Tel 220 3% 29% 10% — _ convertible preferred- Process 2974 1074 11% 1 common- New Jersey Zinc New Mexico & Arizona New Park Mining Co.. New 4 8,200 1 _ Machinery _ 103% 400 37a —.2 — common. Radio Mur England 13 4% 3% —— Co__ Car Union 100 4% 37a * common Cooker Radiator Steel 13% 47a 1 . 13% 1 _ Fabrics. Jan Jan 18% —10 * 37a 100 29. Jan 7% 87a 25 674 12% 8% 1,600 5,500 _ 400 5 Kimberly-Clark Corp— 4%% preferred. Feb 8 Va 9% * common 1,000 * 77a 1,800 aJn 77a 50 common— 7% 5 Jan 9 50c common. 4 % 6% Jan l'/a N 57a 116 77B , 7 8% Jan 8 Va * I lVa * 77a Jan Jan 1% 9% 1 Tel Corp 7 Va 100 6% 7% Jan 4% 1 Electric 57a 53 Jan K Kansas Jan Feb 93 7a National Transit Kawneer Co Feb 2 Feb 700 2 6% 3 17 Jan 57a common Verncn-Woodbury Mills ! Murray Ohio Mfg Co .Muskegon Piston Ring common Muskogee Co common Muter Company common 7% * Jan Jan 17a 57a common <Sz 4% * Kokenge Co. 77a 137a 5% Mt 93 3% 100 6,800 3,900 Jan 10 Tel 1 1 Jan 1% 10 Producers States 1 Jefferson 7 7% 17 17a * America 7% preferred National Fuel Gas Jim Jan Jan Jan 11% 87a 17a 31 5% Montgomery Ward & Co class A Moody Investors participation pfd Morris 87a 17« Jan 67B prefer cumulative preferred. 4.80% cumulative pfd series B Monroe Loan Society com class A 127a 75% 30 Jan Jan Molybdenum Corp Monogram Pictures common Monongahela Power Co— 10 1,950 Jan 5 convertible preferred Jan 797a Feb 4174 Jan Mining Corp of Canada... Jan 78% 21% Jan 4% * common 8% 79% Jan 39% ~5% . 12 Va 14 17% 575 1,900 10 400 500 9,500 8,000 .... 500 98 % Jan 1% 15 Co Jan 103 Jan 7 Jan 21% 7% 1 Midwest Mid-West Refineries Jan 130 4% Jan 41% 15 50c 20 2,350 Jan l'/a 25c Abrasive 20 1474 3% 57a * Jan 108 100 4,600 ~57« common Jan 100'A 1 .50 conv 18% 14% Jan Jan Products— 18% 9 8'/a 774 21% % 174 $2 non-cumulative dividend shares—* 800 104 Jan Jan ~57a common 6,800 14% 6'A 18% 187a 1674 1 Middle 19% 105 1,600 2,100 __ 10 19% 10 Jan 2% ..1 19 Va 127a 7 Jan 5 Va common 19 9% 2% mmmm 1 Corp common preferred. 19% 12% Feb 40 1 Participating 197a 127a Jan 97a Jan 67a • 4.40% Jan 38 3% * Feb 163 Jan 374 Jan 25 Jan 35 l'/a Jan 12% 45 160% Jan Jan 3 Michigan Bumper Corp Michigan Steel Tube 200 45 14% 14 Va 5% 3,300 163 __ Jan Jan 8% 1 3 Metal Jan 14 100 9% Jan 31 lit c Jan 14 1 Va —— preferred National _____ Jan 14% Jan 45 100 Manufacturing Chute 113 Jan 100 1 ... Mesabi Iron Co 48% Co— — Jan 13'A ' 3 U 1 Jan __ Warrants 9 9 * ... Fireman Iron ... Razor B Royalty Public L__ _ __ Feb 29% 300 * 9% 96% — a Feb 113% Jan 800 21% Co—. & Feb a A 130 Jan 26% 97a 6% Mfg Co— Merritt Chapman & Scott Corp— 9 Hydro-Electric— International Petroleum coupon shs_ Jan 106 14% 207a Menasco 74 ■ a Machinery 121 4,225 14 6% Dredging Johnson 97a 21% & Co class B 47 48% Indianapolis Pwr & Light 4% pfd— 100 Insurance Jan 14% 1 Corp common $2.50 preferred —;— 50 -£l Inernational Jan 1 Va 10 common 500 Imperial Tobacco of Great Britain & Ireland 9'/a Jan 14 —* preferred—: 97% —- . Jan 7a £1 common Oil 97« 10 ~9% _ ... 8% • common "5 9 American dep Imperial Oil 800 43,900 1,775 • McCord Jan 1.300 Industries— receipts registered- _£1 « (Canada) coupon 1% Marine 97 • common. Chemical Imperial 9 112 Minnesota Power & Light 5% pfd—100 Missouri Public Service common ♦ Illinois Jan 108% 113% 1 Shovel convertible McClanahan Jan 12% 11% * ....—5 Harris Jan 2 • Power Jan 200 11 1 Hydro-Electric Securities Hygrade Food Products— Jan 26 Va 122'% 130 10 Co—...— International Marion 5 Hussman 27% Feb pfd——* common—... Massey 100 Hubbell Humble Jan 24% M 30% 1 * Jan 26 % 5,000 1 . Feb Jan * common.. 26~% 25 25.73 9 5 7% .* Jan 27% 247a Jan 1.025 9 5 Baking Co— Jan Jan 900 .... Horn & Hardart Jan Jan 12% 27% — 247a 2 300 ——* & Co—_—...—15 (Geo A) 18% 28% Jan 26% — 200 Lynch Corp 9% 1 G Jan Jan Jan 6 9% 14% Holly Stores Inc.— Holophane Co common 157a 10% — 13% Feb 14 13% —10 Jan — 13% 65 Jan —100 A Jan Jan 147a Feb 11% common class — II Jan Jan Jan 100 w w Henry Holt & Co — 1 deposit 9 26% 7% e 7% 147a Jan 28% 14,400 3,125 19% , w____ 1,700 2S% 30% ...2 * w 12 Va Jan Jan 3,900 12 27 29% * i common preferred 6% 13 —. — 28% Jan * . 17% w-. 142% 5 common 17 112% 42% 25c Helena Rubinstein 17% 127% 133% 1 common.. Feb 127a 1,300 1 Jan _1 Mining Co 300 13% 100 Jan 1 —_— 7 13 '/a 100 40% 5 Harvard 7 7 20 —— preferred A ctfs of deposit 7% 1,250 —25 Hartford 7 13% 6% preferred B ctfs of deposit Louisiana Land & Exploration 9% <■ common Jan 1% 42% —5 Light Jan 22% 400 • Jan % H Hamilton Jan 7Va Jan —10 Communication Co Ltd Hammermill 8'A Jan 1,800 2,400 14 Long Island Lighting Co— 28 Marconi Hartford Jan 77a 7 Va 21% 7 Va 5 Co Jan 3,700 * Co..— Bridge Co Ltd... Va 6'/b 7% 674 21% «... • Mapes Consolidated Mfg Co..: Hall Lamp Jan * Star 30% 100 $4.40 Jan 12 Va * Class B 41'/a 25c Gulf States Utilities 4% Jan preferred—25 Jan 200 130% 133% 42% 2 Jan n% 140 133 25 Jan 4'% 2,900 11 141% 100 ... Griesedieck Western Brewery Grocery Stores Products common 12% 13 % ■ 12 11 * 200 11% Louisiana Tea— common stock. Jan 200 * Jan 1 Gray Manufacturing Co Jan Jan 2% 4,200 6% - pfd__25 conv ~4 7a 14 1 1% 50 II Jan 47a 1 (Texas) Longines-Wittnauer Watch 74 7a Jan Va 11% 5 26 ~ % ' H 2 4% University Locke Steel Chain Jan 50 1374 1 Groceterias class A 13% 1,200 % 13 600 Jan 13 27% » 1,000 274 11% _—5 Inc Inc 67c 17~% 27% .1 16 1 common Jan _« A Jan 13'A 29% common; Jan 900 Rapids Varnish & Corp 17 4.500 2% * Graham-Paige Motors 5% Lime Lionel .Jan 1274 13% 2% A Manufacturing Co Non-voting Jan 11 12 Va 11% 2% -- class 4% 11% 12% 13% ; Jan Jan common (R G) 15% 1 prior preferred Goldfield Consolidated Mines... Feb 1ft Jan __ 5 Extension Realty 3,300 1 $4.50 13% 10 127a Machine—... 41% Godchaux Sugars class Inc 17 .5 common B Jan Loblaw * Inc Inc Salle Lefcourt 14 17 25 Coal Jan 23 % ... Delaware of Le Tourneau 5% Jan 9% 175 Lakey Foundry & Machine 47a 19% Jan 1ft 29 Va mmmm 5 104% 1 11 Va 1,100 1 Apparel Inc.., Lake Shore Mines Ltd 2,700 * 4,300 1% __ Feb 2874 L'Aiglon 2,300 13,300 3% Feb 27a 29% Laclede-Christy Company 8 150 4% ~3% 3% 8,000 Feb 3,700 5% 114 7a Jan Jan 3% Feb 7 104% 107% — 22% Jan 23 3% ♦ Jan 1 175 * Globe Gypsum 46 42 21 13% 1 Va Jan 38'/a 33Vbc Kreuger Brewing Co Kropp (The) Forge Co 5% Gilchrist Co Gorham Va 8% Jan 1 4% Yellowknife Gold Mines Gilbert (A C) common. Gorham 7% 8 H igii Jan 1 5'A Giant Goodman 7 ♦ 1 3 1174 1 Va 10 1 preferred preferred... Gladding McBean Rubber Co common Kobacker Stores 50c $6 500 3% — —- 1 1,000 23% C - 22% 7 175 • 104% $5 preferred Great 1,400 42 Jan 3% Ltd Co common Georgia lc/o Jan 2 M Low 2,100 21% 21% 1 G % 41 —» Range Since January 1 High 8 1 Co common (I B) Gorp Low * — 100 Gerity-Mich Corp Great 6% Jan Shares 1 pfd Service Grand Jan 17a 37s 45 Corp Public Class 47« 500 7 10 6% Plywood Corp Glenmore Jan 400 23 A General Gobel 92 1% £1 common General Alden Jan 5% 25 ! reg series Outdoor General Jan 1% 37a Fireproofing common." General 16% 5 Va ■ 1 com preferred rets Finance Corp General Glen 5% _* Electric Co Ltd— Amer 57o 1 f convertible General Jan 91 common Builders 5 7n 15'A 100 G (D Emil) Knott * preferred for Week 50 King Seeley Corp Kingston Products Kirby Petroleum Klein Gatineau Lighting common cumulative preferred Kleinert Sales Range of Prices Par Jan Jan Week's Last Sale Frlce Exchange High 11,600 30% 10% STOCKS Range Since January 1 7% 1010V* 3 Sales High 1 Co A) 16% 1.25 Franklin Simon & Co Inc common 4% Vo convertible preferred Fuller Low (579) 1% Jan Jan Jan Jan Feb Feb Jan 9 Va Jan Jan 1% Jan Jan 66% Jan • —.. ' __ 65 27 26 & r.OMMERr.TAT, TKK (578) FTNANPJAT, nHRONTnT.F. a 28 ' * EXCHANGE CURB YORK NEW RANGE FOR WEEK FEBRUARY 3 ENDED .Sales STOCKS Range for Week New York Curb Exchange Sale Price of Prices Shares Low Par New York Auction common York & Honduras Rosario New York Merchandise York 2nd preferred. Niagara Mohawk Power Class common A Share Niagara Corp 18 %- 200 17% Jan 13% 16% 16% 107,300 15% Jan 16% Feb 106 Jan Savoy Jan 103 % Oil Inc (Del) Jan Say re & Jan 22 Jan Schulte Jan 27 Jan 12% 900 13% 13% Jan 15% eau 4,900 9% Jan 10% Feb Securities 400 14% Jan 19 Jan Seem&tv- Bros 1,700 % Jan 46% 2,700 43% Jan 47 2% 200 2% Jan 3 12% 900 11% Jan 3% 900 2% Jan Jan 10 84% Jan Jan 10% 5 46% 7% 6% * 17% 17 % 46 Jan 1% Jan Jan 3% 3% 106% Jail 6% Jan 7% Jan 500 7% 13 Jan 6,700 88 83 — 16% Jan 13% Jun Sentry Salety Corp 12%' Jan .50c Ohio preferred 4%% Power Oklahoma Natural Gas Omar Inc -15 35% _— 1 11% 12% , 750 17% — Jan 1 % 45 Jan 113 Jan 100 Feb 34% Jan 37% Jan 11% 1,500 36 Jan 13% Jan 17" 17% BOIL.... 10% 400 Jan 17% Jan 17% Jan 17% Jan 9% 17% 10% 17% O'okicp Copper Co Ltd Amer shares Overseas Securities i •34% Jan 111% 200 111% 113 17% 11% "~Il — _ ■ « class B_ Filters Oliver United 112% .100 : - Jan 1 41% 375 44% 44% 44% 300 1 1 mm St Jan 10% Jan Co common Silex Co Can common 1st preferred 5% preferred 1st 33 redeemable 1st pfd series A—25 Pacific Lighting $4.50 preferred Power & Light 5% pfd Pacific Public $1.30 Service Page-Hersey Tubes Oil Pancoastal (C Panatapec Oil Co Pen Patican $1 cumulative Pennroad Gas Penn & & Penn Trafiic Penn Water & Co_ Tire Coast Jan 25 Jan South Penn Southern 46 Feb Jan Jan Spencer Jan 11 % 2% Jan 2% Jan lOova jail 109% Jan 5% 200 5 39% 900 36 Jan., Jan 5% Jan 40% Stahl-Meyer Inc— Standard Brewina Jan Jan Standard 3% 100 2% Jan 3% 1,500 53% Jan 59% Feb $1.60 11 Jan 11 Jan % Feb 1,1 2,200 5% 17% Jan 1,600 Jan Feb 20 4% Jan 17% l common 17% 6 1 900 Jan 17 Jan 19 Light common Power <fe Standard B class Common Jan (Ky) Oil preferred Co Products Standard ~2% 800 ~2% Jan 2% Jan i 1,200 1% Jan 2% Starrett 1 1% Jan Piper Aircraft Corp common! 15% 2,200 14% Jan 15% Jan 14% Steel Co of Canada 59% 710 55 Jan 59% Feb 21% Jan 2 1%- Pitney-Bowes Inc - 2 Pittsburgh & Lake Erie —_50 59% 58% 5 20% 19% Metallurgical Pittsburgh Pleasant Valley Wine Co Pneumatic Scale Polaris common Mining Co— Power 6% Corp of Canada 1st Inc Metals Pressed Producers Corp 4% 4% 2,100 7% 7% 3,500 of Nevada- 35% 35 l Service 4% ft * - Jan 4 15% Feb 4% Jan 5% Jan Sterling Inc 6% Jan 7% Jan Stetson (J B) —100 Jan Stinnes Jan 14% Jan 33 35% Pyrene Manufacturing 0 5 Sun Jan 10% Jan Superior Jan 12% Jan 1% 1 % Jan Swan 7% Jan 7% * 100 Quebec Power Co — - 200 9% Jan 10% 103% 104 103% Jan 104 150 99% Jan 101 14% Jan Jan 12% Jan Jan 7% Jan 2,700 9% 16 16% 900 ~7 7 % 300 Jan 16% Jan 7% 7 Rath Utility & Railway 10 1 10 * 107% 330 98 Jan 108 Jan 156 14% 14% 110 154 Jan 159 Jan 107% 106 155 155 Electric Tampa Investment A Packing Co common Raymond Concrete Pile common. $3 convertible preferred T 300 Manufacturing common—5 6.25 % „ 1 (Robert) & Co l Raytheon Reis Electric Reliance & 27% 28 25% 25% 25% Rice-Stix Inc Richmond 14% Jan 14% Feb Rio Grande - 100 * 25% American Rome Cable Roosevelt Field - 10 1 0 1.25 Royalite Oil Co Ltd Fifth Ave common 9% 8% 28 Jan Trunz 1,100 24% Jan 26% Jan 56 Jan* 57 Jan fj Jan 8% II Ryerson & Haynes common—'— footnotes see paare 29 1 8% 3% Jan Jan Jan 22% 20% Jan 23% Jan 67% 68% 4,200 66 , Jan 69% Jan 107% MM Jan 103% Jan 18% Jan 19% Jan 16 500 15% Jan 16% Jan 18% Jan 18% 3% Jan Jan 30% Jan 5% Jan 7 Jan Jan 288 Jan M MM 15% — 18% 100 33A 3% 600 6% 1% 2,100 269 330 275 271 Feb Jan 4 2% 15% 14% Jan Jan 15% Jan ilr Jan % Jan 2% Jan 3% Jan 1,500 9 Jan 9% Jan 3 Jan 4 3,500 27 Feb 28% Jan 14 ■. 9% 4 27% Jan 15 Jan 46% Jan 47% Jan Jan ' — — 32 % 700 9% 27 Jan Jan 3,000 1,500 8 3% 3 % : 2% 13% 5,900 3 /it 3 Jan 200 2% 2% Feb 46% 47 60 28% 28 3 29 1,300 28'A Jan 29 31% 31*% 32% 1,300 31 % Jan 32% Jan Jan s 29 Va 29% 1,300 29% Jan x29% 27% 26% 27% 900 26% Jan 27'A Feb 47/s Jan 34 33 % 34 17% 17% 17% 2% 3% — M 4%' Jan 33 Jan 35 Jan 50 17% Jan 17% Jan 1,500 2% Jan 3% Jan 3% Jan 4% Jan 1,600 -- -- Jan !« 600 % Jan % 11% 2,700 9% Jan 12% Jan 21 100 19% Jan 21 Jan 3 600 20'A 21 3 ' MM 17% 9% • 3 36% 4% 4% 4 % 18 Jan Jan 10% Jan Jan 36% Feb Jan 4% Jan 3% Jan 4% Feb 1,900 2,200 4% 4% Jan 9 4% 34% GO,000 36% Jan 3% 3% 600 35% Jan 17% 150 10 17% MM MM ""% 10% 11 155 Jan Jan 167 161% 167 90 7 100 6% Jan 7% 2,100 4% Jan 5% Jan 2% 167 Jan 3 Jan Jan 5% Jan Jan 7 7 4 % 4% 4% ~4% ~4% ~5 89 88% 90 Jan 873A Jan 90% Jan 25 Jan Jail 17 % 12 7% M 290 23% — 1,700 4% 300 11 % Jan 12% 8% 500 7% Feb 8% Jan 300 3A Jan 1 % Jan 4% 5% 5,300 3% Jan 5% Jan 17% 18% 1,100 14% Jan 18% Jan 2% MM 2% 300 2% Jan 3% Jan Jan U • 4% MM 1 200 18 Feb 19'A 13 Jan 16% 18 18 18 16% 15% 16% 2.050 5% 5% 100 MM 4% Jan Jan 6 Jan 24 Jan 350 20% Jan 2% 2% 1,600 2% Jan 2% Jan 8% 8 % 100 8'/a Jan 9 Jan X33% ,35 33 Jan 17% 9,900 16% Jan 18% Jan 30 120% Jan 122% Jan 20 % 21 300 4% Jan 4% 21 38a Jan 4 1 Jan 1 Jan 30 100 2% 2 % 101 25% 17 —1 warrants— * Corp 61 1,300 27% 400 23% Jan 400 2% Jan 10,300 102% 50 25% 100 Tung-Sol Lamp Works convertible 80c preferred— Jan 16 16% 15% 200 143A Jan 11% 13% 2,400 11% Jan 13% Feb 16% Jan 18 Jan 1% 600 7% Jan 8% Jan 13% 100 12% Jan 13% Jan 80 88 390 75 Jan 88 5 100 5 41% 103 ' 4% 40 % Jan 200 % Jan 800 39% Jan 45 Jan 1% 200 1% Jan 2 Jan 275 101% Jan 103% Jan Jan 103 102 1.400 3% 3% 3% 3% 18% 12% Jan % 1% — L—* Feb Jan 41% U - 10% Jail % U Jan 1 2.500 3 % Feb 4 Jan 3% Jan 2% 3% 8.800 2% Jan 17% 18% 650 17% Jan 19 Jan Jan 20% Jan 20% 9% 10% 5,800 3% Jan 10' Feb 12% 400 11% Jan 12% 12% Jan 26 3 % U Jan Jan 2 Jan 98% Jan 25 Jan Ulen Unexcelled Chemical Corp 2% Jan 102% Feb 2G 10c 5 Realization Corp Jan Jan Canada Union Investment Co.. Jan California— $3.75 preferred series A Union Stock Yards of Omaha Union Oil 1 * 4 * 900 9% Jan Jan United 5,000 6% Jan 7% Jan United Corp 24% 1.200 Jan 2514 Jan United Elastic Corp- 8% 9% 5,500 5,600 Feb United 23 K% Jan 10 9% 7% Jan 8% Jan Jan 8% Jan 200 5% Jan 6% Jan 5 900 4% Jan 5% Jan 8% 8% 600 3 2% 13% — 1 Jan 1% Jan 600 2% Jan 3% Jon 10,800 12*% Jan 14% Feb 7% Jan 7% Jan 99% Jan 100% Feb 64 Jan 65% Jan Jan 3% Jan Jan 51% Jan MM .... 2% 14% 14 % — — — 100% 100% 100 _ MM 3 % 50 2% J participating prelerred —* United Molasses Co Ltd— Amer deposit rets ord registered—— United NJ RR.& Canal 100 MM 40% M 2% 3,200 48 too 5 % 35% 35% 100 38% 40% 3?2 8,700 62,400 :>72 _* _7 * 1,600 M 3% 50 50 warrants Light & Railways United Milk Products common 75c MM Co of 7% ~5% Feb 35 13% 1 common—.' 9% ~5 % 1,900 Inc 8% 8% 16% 121 % 122 ~8% 100 100 Aircraft Products common—50c Chemicals common * 8% 15% 13% -70c ;—1 Union Gas of 2% 35 Jan 1,100 1% 2% 2% Jan 59,1G0 4% 1 Ryan Aeronautical Co For Jan 8% Ryan Consolidated Petroleum Jan 2% 46% 23% 7 1,700 ' 9% 5 5 Inc Rotary Electric Steel Co Rowe (The) Corp common Russeks Tri-Continental United common Inc Corp 24% 21 Ltd— dep receipts for ord reg—£1 Corn Lux 525 3% 26 pfd F Jan 3% 21 _5 5 —25c —1 1 Tonopali Mining of Nevada True Temper 4% 25% Pendleton Inc common Rolls Royce 4% Jan Jan 3% 26 101% Rochester Gas & Elec 1/64 1% 8% 29% 2% common Royalty Corp 4%% preferred Jan MM 28% 1 vtc- 10% 1,400 * Ediscn 1% 1% 2% Jan 1,600 Allied Jan Valley Gas Co— (Texas Corp) Roeser & . 29% 1 1/256 Jan & 24% 8% *> - Radiator Co Markets Jan 225 4% 3% 10 21% Stocks— * Tobacco Security Trust Co Ltd— Amer deposit rets ord registered—£l Amer deposit rets def registered—5s Todd Shipyard Corp common 20 Tobacco • MM 5 Engineering 91,900 MM •27% Reading Tube Corp class A Regal Shoe Co 23% 23 % . 8% Feb 100 21% 7% preferred-100 Roofing Inc Realty & Construction Toledo MM M Jan 12% 3 * common Corporation common Trans — j 11 Jan .10% % 15 common & Light Shovel Thew Co Inc Technicolor Texas Power Toklan rl/256rl/128 23% Jan 11% 21 * 1 Inc Corp Tishman Railway & Light Securities— . Oil Finch Thor R Voting common Jan % 800 8,400 C u 21% * 25c common Jan 6 3% 100 12% 5% Jan _ -- 88%' Jan 4% Jan 500 4% Jan 175 ~9% * Radio-Kelth-Orpheum option warrants- Jan „ MM MM Jan 1 % Q preferred— Jan 3% 1 Superior Tool Jan Tilo 6% Corp Portland Cement, & Die Co 9% 11% Tliorofure Quaker Oats common— Jan 88% * —5 Ray Drug common 1,100 16 1q „ Jan 11% * Puget Sound Pulp & Timber common Pyle-National Co common (Hugo) 100% 101 104 87% 1 Co common 2,100 & Light— Power Jan . Jan Colorado— preferred $5 prior Jan 14 10% 1% — 84 % Products common.l Sterling Brewers Inc__: 1 S Sterling Engine Co • 1 12 MM — of 300 Sterling Aluminum 12 i cumulative preferred Puget Sound 400 87% % _♦ Co common & (A) 10% 12 Prosperity Co class B Public 3% Stein Corp (The) Stop & Shop Inc Stroocl; (S) & Co * America— Providence Gas Jan 14% — common—2.50 of 100 18% loo Lambert Co & Pratt 15% *7% * common preferred Prentice-Hall 15%. 25c Powdrell & Alexander common.—.-2.50 500 400 4 4 1 lo common 20% 86 1 1 1 ♦ B class Tube Standard Pioneer Gold Mines Ltd 15% Jan 86 % — Corp Standard-Thomson CM 25% __ 1 1C 1 * * 1 1 ~2% Jan 20 convertible preferred Forgings Corp— Standard $7 17% 22 Va 2.78 1 10 1 Standard 4% Pinchin Johnson Ltd Amer shares preferred Dredging Corp Convertible 11 __ 4,300 —* — Co Standard Cap & Seal common—: 59% 20 24% 1 58% 19% Jan 23 % Jan Shoe Corp—__—— 3% 19% 3% 27 5 * class A Speed Queen Corp conv Jan 10% 400 Jan 32% 12.50 —.—10 cumulative preferred Pipe Line Royalty Co — 4.32% 29% MM 13 3% 9 % Line Edison— Pipe 25 200 n 16,800 common ,Jan 24% 109% 600 3% % Southland 11 x59% 14% •3'A £1 * 27% Jan ' Jan Jan 14 % 23A —25 25 25 25 1 -5 4% 5 14% 275 --25 48% MM Jan 100 3 % original preferred cumulative preferred 4.56% convertible preference 4.48% convertible preference Jan — Jan 13% 17 30% 4.88% Jan 109 1% ~6% 1 i— * 100 5% Jan M MM 109% Feb 18% Jan 4 o,D00 Jan 1% 33A Jan Jan 11 15% 6,500 16 Jan Jan 10% 600 1% MM 7% 12 29 16'A 1% MM 16% 57 50 Feb 15% MM Jan Jan JJJ 1% 68% Jan Jan 29% Jan 3 * Oil common Pa 11 48% 1% 21% common... Corp California 24 48 300 21% Southern 200 200 1% li Southwest 450 •4 Jan 1% 4% Jan 41% 1512 ' Jan Jan Jan 24% a 3 Jan 6% 24,000 29% 10% * Pierce Governor common South 25 MM » : Jan 11% 50c Phillips Packing Co 15% 16% 38% Philadelphia Co common Jan 2% 13% MM 15% 39% 1,200 Co- Manufacturing 27 -2.50 common Soss 26% _1 Rubber & Jan MM Pepperell Manufacturing Co (Mass) 20 Perfect Circle Corp 2.50 Pharis 104 53 MM 100 1 (The) Pep Boys Jan , 4 Co— Power Feb 6% 6 % M 48% * pfd- - — — <■ A com Light 4%% 106 MM i class Electric Power Jan ' 14% 3% Co— Aircraft SSolar 11 26% 25 Corp common Penn 103 16,000 Feb 14% 15% Manufacturin So no tone' Corp 2% 2% MM __ -25 preferred—preferred $1.32 cumulative Solar Jan ■ 2 Telephone common Peninsular Jan MM 1 * % 29 28% M 5 Ltd Co Jan 2C0 25 Jan 28% I Jan 98% Feb 2% Jan 10 Mills Paper (Howard) 3% Jan 10% registered ord rc.ts dep Amer Smith 28 MM MM 25 6% Mills Plymouth Patchogue • 28% 100 , 1 x 28% 101% 104 2% Parkersburg Rig & Reel- Feb Singer Jan 2% * * Pattern common. Ltd class B—-1 1,300 800 29 101% . Paramount Motors Corp Parker 33 550 Amer shares.. (C A) 36% 'Jan Jan 106 * * t c Jan 31% 104 " common v 34% 1,500 106 * — A) 1,700 33 28% 28% 100 common preferred- 1st 36% 28% redeemable 5ft Pacific Jan 2 25 5% . 7% 36 36% —25' 25. 1st pieferred— 5%ft 3.200 8% 9% 25 1st pfd Pacific Gas & Electric 6% Jan 9% 9% 32% 5 : 2% 14% 1°° * * Manufacturing Co Manufacturing Co Ltd— Singer Pacific 1,300 Jan 25% 12 convertible preferred $3 Jan 3% Publications— Simmons-Boardman Simplicity Simpson's 2 2,000 5% —.— Feb 3,000 1% 2o x— 1% MM Sherwin-Williams preferred Jan 300 MM 5 * -1 4% 1% 14% * Sherwin-Williams of Canada Shoe Corp of America class A— Sick's Breweries Ltd 1% Feb 2% 12% common 300 28% 1 1 Mining— Power 8% 1% 2% 1 -.-1 common Jan Jan 23 2% MM class B-— Denn %. 3 Jan 27 7 28% Shawinigan Water & She Her Mfg Co Shattuck 3% —— Control Leather 1% 1%' MM 1 -5 25 Industries Inc common Convertible stock $5.50 prior stock— Allotment certificates Semler IR B) Inc_ Sentinel Radio Corp common Serrick 12 12% 1% 1% 13% Jan 23% 6,000 Jan 10% 4,800 1 * Selected O - r Segal Lock & Hardware Selby Shoe Co Seton Ogden Corp common Inc__ 106% 2% _ Ohio Brass Co class B common General Corp 8,300 7-% 1 25 * 1 -* Inc common Scovill Manufacturing Scullin Steel Co common 19 9"s 18% 12% 25% IVa 1 Fisher Brick Co (D A) 1 10% 18% North American Rayon S3 Novadel-Agene Corp Jan 26% preferred—50 North American Utility Securities ® North Central Texas Oil 5 Northeast Airlines 1 North Penn RR Co 50 Northern Indiana Pub Serv 5ft pfd_100 Northrop Aircraft Inc 1 Mines Samson 11 24% 7% —1 1 25c Oil Co United Corp common Dome 21 *" 5 common Salt 12% 49 preferred convertible 102% 13% Ilign Low 25% 1 Corp Ltd common reuce „ . — Jan li Nlpissing Jan 105 % 5 common Niles-Bement-Pond Nineteen Hundred Corp 13 33 100 100 " • 1st preferred 5% 1 Range Since January High Low 30% Feb 16% 1 5% Jan 38 Power common..^—1 Shares Par 1st shares Founders Niagara Hudson 1,000 11% 10% Jan 10% Shipbuilding Corp— ll% for Week 7*2 Jan Jan 7% 29% 10 New High 10 Co Curb Exchange New York 1 Range of Prices High Low __t> New Last Sale Trice STOCKS Range Since January Sales Week's Friday Week's Last Friday 1950 Monday, February 6, CHRONICLE & FINANCIAL COMMERCIAL THE (580) Jan 18 Jan Jan 35% Jan 37% Jan 40% Jan 9% Jan 10 Jan 19 Jan • MM 13 1 H 33 19 239 3A 242% 50 18 Feb 20 236 Jan 242% Jan Volume 171 Number 4879 THE f COMMERCIAL NEW YORK RANGE Friday Exchange Week's Range Shares Par United Profit Sharing preferred- 10'r> - United Shoe common U Air 5 Foil S and $5 1st U U U S U — common Co — 1 warrants. Jan % Jan Jan 5 5% Jan 3,650 44% Jan 49! 2 Jan 2.50 40% Jan 41% Jan A 7s with 13% 400 12 Jan 13% Jan A 7s ex ~ 1% 2,100 17 17% 4% 89% Hydro-Electric 425 Jan Altaiian Jan 4% Feb Jan 89% Jan Superpower Extended 4% 5% 4,200 4% Jan 5% Feb 1% 1% 100 1% Jan 1% J an New 1% 500 1% Feb 1 % 4'i- at 40 41 100 40 Feb 43% Jan 26 26','2 50 25 Jan 28% Jan 28 % 28% 29% 100 28 Jan 5 Jan 2% 29% 2% 3% 2,000 2% Feb 3% Jan 24% 25 Vz 1,700 23% Jan 25% Feb * common — Vanadium-Alloys Venezuelan _l preferred Steel 1 Co 5% 5% Jan 68 20 63 Jan 30 400 27 5% Jan 30 3%s Vb 4% 1,400 4 Jan 4% 2% 800 2% Feb 3% 13% 300 12% Jan 13% » _ Waltt $2 Bond cum Ward Inci.j—- Watch -Co Warner Aircraft Corp—L Whitman Wichita & Wilson 7., Winnipeg Elec CF W) Hargreaves 60 1G5 Jan 1G0 Jan 21 3% Jan 2118 3% GOO Jan 18 214 37b 191-2 11 Jan 8 Jan ref 2%s 1st ref 6% ref 2%s A 7s with A7s ex Jan 13% Jan 29% Jan 32 Jan 14 14 200 10% 10% 200 1014 Jan 200 4 Jan Jan l To "l!S 1% 14 General or Friday's - Lackawanna, of 1st a Marelli' Etec A0%s A6%s Finland with ex Nov 1 Nov;l Grand Trunk Western 1948—JeTi-July _Mar-Sept OuartHnamo- & 6s-series , Western (coupon $163% * __ International. Power A6%s series C ; A6las (Dec A7(5 -series E 1 1941 1976 A.7S 1981 Soldi High listed on May-Nov Low 94 — ; Jan. 30 Feb. 1 Feb. 2 ■ 3— 63 5 59 — — 103% 113! 152 63% -- 103% 63 ——Mar-Sept 2 1959— Interest 99% 7s Jan External 5%s 5s ALima 106% 106% Week's Last 115 58 V* 2 55 Vz 46 1 42 47 30 103 118% 'Peru) 46% 47% 885a 79 88% 83!2 77% 83% 8% 7% 8% 14% 18% 46% 47% - Jan-July $3 1958 Mar-Sept 17% 17% ——May-Nop $32% 33% $47 49 10 Ai June-Dec —Map-Nov April-Oct $47% : - $47% -June-Dec 5512 $88 Interest Peru 37 103!2 de 2%s to of) (ser Janeiro $85 42 87 2%s £008 B C stamped reduced D E) J&n-July 32% 32% Jan-July 'Plan 1997 22% 20% 22% 2 482. 42% 81 86 76% 93 12 86% 93 91 60 93 91 90% 89 83% 91 93 91% 93 11 86 93 90 V* 88 91 40 83% 91 compiled by Dow, Jones & Co. Second Indus¬ 32% 32% 2% 32% 4 2% 2% 76 2''a 2% Jan-July 2% 2% 2% 46 2% 2% — Odd-lot a transaction Deferred (not Under-the-rule n (hot included in delivery transaction (not Included In year's range), d Ki-lnterest. In year's range), f Ex-distribution, g Ex-stock dlv. h Ex- included transaction year's range), x (not Ex-dividend, asked prices; no included in year's y Ex-rights, z range), Transaction r ABonds Grade Grade Total trials roads Util¬ ities Stocks . 1 < receivership. Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬ tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc," voting trust cartificat#*; "wi," when issued; "ww," with warrants; "xw," without warrants. Over-the-Counter Industrial Stock Average Ralls ities Bonds 41.91 72.68 103.10 106.44 91.50 106.05 101.77 73.19 103.09 106.35 91.51 105 99 101.73 91.45 106.04 101.70 Compiled by National Quotation Bureau, Ine. 40 Ralls 55.04 42.17 42.22 73.15 103.11 201.89 54.59 42.18 72.99 204.11 55.17 42.43 73.72 103.09 204.53 55.51 42.55 73.96 103.15 106.21 103.15 106.21 91.44 106.10 101.72 106.14 . 91.53 106.01 101.69 106,20 91.63 106.01 101.75 cask sales being transacted during current week. being traded flat. SReported in for Ex-liquidating dividend. <35 Stocks) 10 200.08 trials 32% June-Dec -Mar-Sept ; 10 First 31 A) 1919 Averages 10 22% 2012 Bonds 65 32% 18% 2% 85 85% 31% 6%s to 1921 •No par value, 103% 16 84 80 — A Government principal. a 37 ao A) 100 49 42! reduced (Republic to (Plan 56 99% 99% 99% '103% 105 — $37 June-Dec — ! Interest 57 71% 49 82 % 83 % — 1952 stamped 'Plan High 88 % Feb-Aug — 6%s stamped stamped ARussian averages of representative stocks and bonds Total Low 71% $47 Bank, of Bogota— (issue of May 1927) 1947__ (issue of Oct 1927) 1947 Parana 65 84 19 Jan. 1 No. $71 —,—June-Dec - Interest reduced to 2%s 2008-,^ 7s stamped 1951— 103% 118(4 103'4 103% $118% US —June-Dec Util¬ Range Since Sold High $71 May-A'ou JFridav's bid and as ApriZ-Oct 1955 stamped Bonds Bid & Asked 60 V* 46 $55 96 — AMedellin A7s 58 42'u Exchange 95% — Range Friday's or Sale Price Jan-July 1953— 6%s City Maranhao 106% 108% PI (Col) A Mortgage Bank of Chile 6s 1931 Mortgage Bank of Denmark 5s 1972 58' $45 _ 6 120 103 106 $110% 111% Jan-July .-Jan-July 96 -- of) Bank Danzig Port & Waterways A5%s , Period 1947 Mortgage External 100% 99% 103 115 Exchange Low 94 ' Feb-Aug — 95% Friday BONDS Valley 7s 1948— Cons Municipal Loan— $30 i — Union— (see 99% "I 10 102% Mortgage June-Dec 55.09 — 62 $30 — 1954_^ ACauca' Rail¬ 201.79 „■ 57% $62% 1960- debentures New York Curb Rdo 55.54 — 5s Bogota 92 $105% 106% 114 % *61 — - 31 Jar}. Feb. — 58 46 103 103% 1956 coupon Hotel— 105% 304 -T 28 1947 110% IndusDate 48 $30 — 1956 coupon 108 — 106% 106% 1953 . 6 33 Co— 1940 104% 24 Stocks Jan. 1 debentures f s High Is 20 62% 1953 Agri cultural Mortgage Bank A 20-year 7s April 1946 116 $103 _ Jan -July 1952 . 1953 coupon coupon Service 1 Newspaper AExternal —Mar-Sept the New York Stock 1940 103 104 May daily closing 30 1 Traction conv A7s 1955 49'% 49'.'2 62% 49 Jan. 1 No. 180 $103 — April-Oct Stock and Bond Below are the .■ 48 47% __ April-Oct Range Since 99 93 April-Oct 1957— cJuly 1941-coupon) —Jan-July . Foreign Governments and Municipalities 99 7 « 100 Jon-July -V— A7s cAug 1941 coupon! A7s series F 1952—. 1946-—-— 1946— 102% 295 — ___ 81'A 101% 1041» 94 :_Jcn-JuIy 1950 coupon) 131 79 4 i.' 1955/J 96 89% 131 1 . . 101% 102% 12 100 , 1957—— 3 102% Penn A20 year 110% 1958 Sec— 79 -Feb-Aup 104% 105% 109% 110% 105% Jan-July 1963 ; 95 140 79 Western 1041-2 104% RR— on) market 95 $133 Jan e A Ex-coupon ; 1947 1 Dec income Danish 1993 4s — : 106% -Mar-Sept Ry 1950 „ 1966 120 10638 1956- Green. Mountain/Power 3%s — 106% 107% 1 • — 106% 120 106% 106% Jen-July Bank— — .$106% 107% ,,, 107 106% 1947 coupon 1953 Mtge 'stamped; 1981/1—; 5s Feb-Aug May-Nov April-Oct 1—April-Oct 4 1960_Jane-Dec 1977 coupon 106 5 Co—- 1940 $101% 104 — 104% 107% 107% RR— Residential __ 120 Division— Mfg Ja7i-July 1970 1989——1— 106 May-How Water Lt & RR 5s Erode A 5s 108% 4s series B 1993— & Fuel 3%s 1965 Gas Elmira 104% 120 107% April-Oct A 104% — 104% $103 __ June-Dec 104% City) — 4%s 1954 J $103 109% 105% June-Dec 11 1976 4s. series —— 109% 104% 105 West 38 1st mortgage Eastern : 5s N — 35 Washington Water Power 3Us 1964 107% 108 10410 105% June-Dec Western — 1C4% 105% $105 % 107 Jan 104 Va (Bait mortgage $102% $109% 109% _ 105'% Jan Jon-JUly debs 1962__ Delaware Lack & 162 105% 1212 Bonds Bid & Asked -June-Dec — series R 1981 mortgage 1973 1970 Industries—1 Aug Dec Week's Range Sale Price Quar-Fqb U 160% 105 16 IO6I2 Jan ~1% 4,700 Last Period series 12 105 Jan 4 Friday 2"us 5s stamped Waldorf-Astoria 6s 4 Authority— series of 1947—1978—1 Gas 106% Jan 1051-2 Jan 1970 mortgage conv Consolidated B 3 Us & Electric 3 Us Corp— Electric Jan. Jan 1314 Interest T United. Jan 4 100 Exchange series 98% 105% 161 "2 161% $104 — 12 200 * 27eS 107% 98% (Califi— trust Aug Jan 13 "2 1998 mortgage 161V2 May-Nov Mar-Sept 3—Mar-Sepf Jen-July Feb-Aug —_April-Oct 1971— stamped with ex Jan -- 1st A6Us 3% 29% Consol Gas El Lt- & Pwr- (Bait.)— 1st ref mt-ge 2%s ser 1st 105% Hydro-Electric Co— 9% 1312 5s 3s 3rd 2nd 400 £1 — Jan-July — series Inc (Hugot I 400 8 Transit 11 U 98:U $105% 106 V* TriDorough Bridge & Tunnel Authority— 2Us revenue 1969—May-Nov Jan 2 Central States Electric Corp 5s debs 5%s debentures 1954 G) Corp 3% 100 C Temi Jan 29% • Q A7-4s A7-4s Jan Jan 7!'2 600 Jan 6% 3% Ltd 105% $196',2 108 ApriZ-Oct Gas 3s (Hugo) Stinnes Jan 1814 ~7% 10% — 62 106 Electric— & 3s Gas (A A6l2s 3% -1 pfd 98'2 Jan 17% 10 M collateral Stinnes Feb 25 Co debenture 5s . Feb 1 234S Cities Service Jan * 6s revenue 1141-2 32% Low 3%s Jan 2412 Appalacian Elec Power 3*48 1970-.; Atlantic City Electric- 3%s 1964 Bell Telephone of Canada 5s series Chicago AStarrett Jan BONDS Boston Edison Spalding Jan- Feb receipts New York Curb Steel Jan Jan 291/2 . Bethlehem 8 1% " 162 Vz Ltd— deposit preference Wright 6' 8% 1121-2 10 ref Southwestern Jan 2414 common 60% 105 105% $30 1998 1973 A Counties Jan 412 — 103 $61 1952 motrgage 8 1,550 common American G Jan 7 24 Vz Inc Petroleum Woolvorth Jan 32 V* 1 Wocuall Industries Inc.— 1st 8% 500 „ 112% 160 1V? 1,400 8% - 5 Wisconsin Pwr & Lt 4 % eb Wood ley 1 8% - 112 % Feb 2414 — 62 '0.3% I06U 1960 coupon California Gas Southern Jan *4 4% 1 Corp: Products 1G.300 10 Brothers common. preferred w w b'b 16.200 and Southern Jan 13 4 30% ( The )' Corp Williams (R C) & Co 55% 103 11% Jan 24 % Wlckes Willson lVa 6% 109l2 Jan 32% Co Oil V* Jan 1% 1014 Jan 20 Mfg (Wm> River 109 com—* Inc^_- Shoe Jan 300 series 1st Jan 9% 1,500 • 1.25 Westmoreland. Coal Weyenberg 1% Jan 6Vi % Utilities $6' preferred * Western Maryland By. 7% 1st pfd—100 Westmoreland Jan 8% "l% 1 Manufacturing Stationery 1% 300 11% 6% West,Texas Western .Tablet ■& 200 - 11 l Baking Co warrants—i Went worth 8% "l% 1 i_i—•_ w IV* 8% 8% 30 ,'vtc 1940 Gas 49% 1 Co— debentures Borough 3Vas 100 preferred-: W a Hiram 6% 81 105',4 1057s + 98 3i Safe Harbor Water Power Corp 3s 1981 San Joaquin Lt <fo Pow 6s B 1952 Southern California Edison 3s 1965 IV* ext__* 106 V* c-x Oct 1 1947 coupon 1960— Service Electric & Gas Co— 5!2s series A W -.—L- 1 91% Jan — preferred Oct 55 % 105% 1053a 6%s Queens Jan 13% High 88% $1C534 106 % Jan-July Hydro-Electric 50-year Jan 2% Lou) 36 103 G07o Mar-Sept May-Nov 1970 Public .Feb 4 2% . Vogt Manufacturing 7'o April-Oct 1st mortgage 3%s 1968 April-Ocf mortgage 3s 1971 April-Oct Lexington 1st mortgage 3s 1964 Jan-July Pennsylvania Water & Power 3%s 1964—June-Dec Jan 4% 20c Waco Aircraft Co Wagner Baking voting trust ctfs 1963——— 1st Jan 68 53 V* 103 Ohio Power A 2,300 28 30 l Syndicate Inc 5% 68 * Petroleum Venezuela 5% 5 65 53 U Feb-Aug Park A6%s with common convertible! Jan-July . Gas Light 4%s 1967— England Power 3%s 1961 Piedmont S4 to 1963 Jan. Sugar Valspar Corp 6s Milwaukee 1% 1% —10 common 91 Jan. 1 No. $50 McCord Corp debentures 4%s 1956 Midland Valley RR— 5 % —— Ran^e Since Soid Co— 1% .1 10 C9% 1940 coupon 1952 1947 coupon 1952 1 lo % 83% Bonds High 903i Nov- 1 Nov Jan 4 Friday's Bid & Asked $(2% Jan-July Jan 4,000 87 —— 1% Isarco certificates escrow 15% Jan 1,800 4 _ Light ADebenture 41 % 4% or Sale Price Interstate Power Co— 1 Products Co & % 46% 50c Insurance Universal Power 1,000 Work's Range Last Period Low a 1% 17 0 common Universal Utah-Idaho 15 Interest High 12% — !> Securities— with S Rauiator Low _ 45 5 1% class B International preferred Friday BONDS New York Curb Exchange 40% 1 Conditioning Corp Rubber Reclaiming Co United Stores Corp common Universal Consolidated Oil Utah 46% -25 Specialties S tt common- __25 EXCHANGE Range Since January 1 High VB — Machinery (581) FOR WEEK ENDED FEBRUARY 3 ■ Preferred United Low -25c — CURB CHRONICLE for Week of Prices FINANCIAL Sales Last Sale Price STOCKS New York Curb & Date— Closing Jan. 28 35.97 High Jan. 30 36.05 Low Jan. 31 Range for 1950 _ — 36.40 Feb. 3 35.13 Jan. 4 36.09 Feb. 1 36.22 Feb. 2 36.24 High Feb. 3 36.40 Low Range for 1949 ___ 35.20 Dec. 31 27.79 Jun. 15 29 30 (582) COMMERCIAL THE & FINANCIAL CHRONICLE Transactions at the New York Curb Transactions at the New York Stock Exchange Week Ended Feb. 3, 1950 Int'l Foreign and Mlscel. of Shares , Total Government Bond Bonds Sales Bonds Bonds Bonds United States Bank Railroad Stocks Stocks (Number $1,492,000 1,635,370 3,949,000 320,000 1.688,580 ; 3,931,000 721,000 621,400 3,232,000 Week Ended Feb. $1,614,000 4,269,000 $122,000 737,080 3,924,600 71,200 3, 1950 __ _ _ _ 146,845 Foreign Government Domestic .: Corporate $173,000 347.370 _ Value) Foreign Shares) t 1 Saturday Monday 4,672,000 $10,000 $10,000 Bonds (Par of ' Saturday Monday Tuesday Exchange Daily, Weekly and Yearly Daily, Weekly and Yearly Number Monday, February 6, 1950 Total $57,000 $230,000 221,000 • $80,000 39,000 340.000 122.000 26,000 433,000 Wednesday Thursday 309.475 285,000 2,039,270 3,440,000 394,500 3.834,500 Wednesday 304.655 221.000 132,000 2 000 Friday 2,210,480 3,404,700 568,000 3,972,700 Thursday 362,080 161,000 124,000 2,000 287,000 480,712 185,000 171,000 5,000 361,000 $629,000 $131,000 $2,006,000 1,810,460 Tuesday __ _ Friday Total — $81,200 $10,000 $2,746,900 $19,448,700 10,121,240 _ _ $22,286,800 Total Stocks—No. 1950 1949 1,951,137 !950 " 22,111,774 Stocks—No. of $81,200 $6,000 $96,200 170.000 99,000 337.000 Bank International 2,746,900 2,689,250 12,863,600 13,577,000 118,400,000 $22,286,800 Totai $16,442,250 $131,458,800 $82,749,750 RANGE FOR WEEK 5,465,687 $729,000 $4,692,000 $3,761,000 314,000 96,000 1,748,000 1,402 000 131,000 286,000 228,000 $2,006,000 $1,139,000 $6,726,000 $5,391,000 Foreign, government Foreign corporate Total STOCK OTHER EXCHANGES ENDED FEBRUARY 3 Week's Last Exchange Week's Friday Range of Prices Shares Par Low • American American Tel American Woolen Anaconda Copper & Boston Boston Elevated Stamped Boston 7% 110% 467/« 1st pfd stamped 1st pfd — Personal Eoston & Providence Hecla Pepsi-Cola 116 47 20 115 Jan 118 Jan 440 107 Jan UIV2 47% Jan 45% 4,527 Jan Feb Radio Oil — 14% Jan 14% Jan Standard Brands Oil (N 174 37 Jan 39% Jan Standard Oil (Ohio) 100 50 5 Jan 5% Jan U 4% 51 4% Feb 5 Jan 7 7% 100 73 ~ 5 20 74 7% 7 Feb 19% Jan 22 Jan 79 66 55 195 4% Jan 4% S Steel 74% 468 67% Jan 78 % 12% 56 12% 3% —. 4 63 63 64% 100 71 71 71 38% 100 38 » 24 23 24 Stores • 69% 67% 69% • 44% 42% 45 37% 37 37% Razor * Co * Copper RR 12% Jan 71 _ Mathieson Chemical _ National New England New Corp 54% 64% 75 Cos Jan 24 Feb 66% Jan 41 Jan 45 Rexall 37% Feb Feb" 2,665 21% 547 v ' York New __ Jan ,14 70% Jan 16 77 Union Twist United United 6% U S 53% 55 47% Jan 53% 55 55 Jan .55% 52 5 8% 100 Jan 8% 18% 721 17 Jan 18 % 25c 200 17c Jan 30c 190 21% Jan 23% Feb 69% 136 66 Jan 69% Jan 26% 144 25% Jan 27% Jan 11% 2,189 10% Jan 11% 370 92% Feb 96% common 29c Jan 70c _ Jan 97 Jan 55c 96% 17% 17 6 6 6 1,000 5 System Inc Westinghouse Electric 5% 25 Jan Jan 15% 16 130 15 Jan 22 468 20 % Jan 35 35 35% 23 23% 56% 46% 46 6% 16 • Corp "12T0 __ Jan Jan Continental Jan Davidson 60 Feb Jan 1,400 Motors Bros 45% Jan 49% Jan 80 40% Jan 41 Jan Detroit 215 37% Jan 41% Feb 14% 14% 14% 20 14 Jan 14% Jan 32% 31 33 % 1,720 30% Jan 33% Feb 20 Mach_. —8 Baldwin Paper -■ — Electric Milling common_8% Street Sub Bell * * Machine 10 25 50 Tel Range Sales for Week Shares Low Jan 7% Jan — 20 20% 255 19% Jan 20% Jan 17% 17 17% 120 14% Jan 17% Jan 33% 33% 89 33 Jan 34% Jan 7 7% 195 7 Jan 7% Jan 32V2 32 3214 139 30% Jan 32% — 26% 27% 1,050 28 „ — 514 __ 514 7314 5% 74 10514 10514 Jan Jan 26% Jan 677 5% Jan 828 73% Jan 75 Jan 108 Jan 5% Jan 5 105% Feb 20 2% Jan 2% Feb 9% 10 9% Jan 9% Jan 17% 1714 17% 185 17% Jan 19% Jan • 45 44% 45 44 Jan 46% Jan 33 33 35 -10 — 24 24 60% 9014 1614 10 Hatfield Insulation preferred * Little Miami When Randall — — 60% 89% * gtd 59% 90 15 8214 5914 56% 21% 2114 50 — 1 — Magna vox Procter — * Kroger & Gamble. issued class ; • B„ * Rapid Playing Card S 6% 2% * Hobart S 140 9% 6 : Picher Formica U High 7% 100 Motors Dow common U Low High 7 — Ptg preferred '— 10 — 50 , -- 40 20 30 207 60 33 Jan 35 Feb 24 Feb 25% * American Airlines American Telephone & Telegraph—100 Armco Steel 10 Chesapeake & Ohio 36 Jan 60% Jan 90 Feb 90% Feb 11% Jan 16 V'B Jan Jan 89 V'b Feb 346 56% Feb 59% 8914 5914 2114 1,608 22 20% Jan 23% Jan 1314 .13% 70 70 47% 47% 92 11% Jan 14 Jan — 149% -- 25 29% Service 10 — City Products * * Cities Columbia Gaf 33% 12% Jan 86c Jan 14% Jan 15 Jan 193 33% Jan 34% Hall Lamp Jan 7 Jan Jan 7% Jan 7% 7% 7% 3,090 '7% Jan 8% Jan 23% 2214 23% 7,401 23 % Feb 2% Jan 22 Jan 100 2 Jan 22 22 425 22 Feb 23 % Jan 5814 58% 130 58% Jan 58% Jan 18% 18% 200 18% Jan 18% 2% 2% 2% 1,700 2% Jan 2% 5 4% 5 900 4% Jan 5% 2% __ 22 __ 1 13 1 . 1 * 7 300 2% 7 see r age 38 Jan common Houdaille-Hershey Howell Electric Hudson Motor Motors 31/2 700 3% Jan 4% 11% 1,450 10% 2% 2% 220 Feb Hurd Lock & Mfg 75%. Feb King-Seeley Jan 11% Feb 2 Jan 2% Jan 5% Feb 6% Jan LaSalle 255 13% Jan 13% Jan 280 12% Jan 13 Feb 12% 175 12% Jan 14 3% __ 15 4% l 6 5%. common 2 Products 1 ; Manufacturing preferred-—_10 1 Michigan Bumper Michigan Sugar common 1 National Stamping 2 Packard Motor Car Jan 3% 300 3% Jan 1514 1,345 14% Jan 15% Jan 4% 120 4% Feb 4% Jan Jan 4% __ 1% __ 1% __ * 3,255 4% 2214 300 21% Jan 22% Jan 3% .... 6% 22% __ ___1 1 Wines Screw McAleer 1314 13 __ common Kinsel Drug 200 1314 12% 5 Kingston Products 5% Jan 12% 1214 common 514 Feb 7 Jan 13% 1 Car Jan 70 13 —_• common Kalser-Frazer Masco 5% __5 & Bearing———10 Manufacturing common 214 Feb Jan Jan 13 7 1,740 314 100 3% Jan 3% Feb iy4 .11/4 250 1% Jan Feb 6 %' Jan . h - Jan 1% 1% 1% 150 1% Jan 1% Jan 1% 1% 730 1% Jan 1% Jan 7% 7% 134 7 Jan 7% 1y8 iy4 2,050 1% Feb 1% Jan 614 6% 525 6% Jan 6% Jan Feb 5 70 Jan 71% 47% Jan 47% Jan • Chemical Parke. Davis 1 common • Peninsular Metal Products 34% Jan 36 Feb River 2 Paper common Manufacturing Rudy 1% Manufacturing Manufacturing Co 15 9% Jan 10% Jan Superior 239 146% Jan 149% Feb 29% 30% 499 Feb Udylite 29 72% 331 a 1214 30% 519 29 Feb 3074 Jan United 7414 33% 12% 96 67% Jan 7814 Jan 60 619 31% Jan 33% 12% Jan 13 Jan 30 % Feb Jan class & B Die __ 2"% 2% Jan i/8 675 1% Feb 1% Jan 3% 5,082 2% Jan 3% Feb* 4 Jan 4% Jan 1 4% 41% 1,289 2% 2% 250 2% Jan 2% Jan 3734 33 y2 3,136 35% Jan 38% Feb 2% 2% 613 2% Jan 2% Jan 2,035 37% Jan 43 Jan 500 2% Jan 3 Jan 7 Jan 2 Jan 2 Jan 13 40 2% 7 43 2% 7 600 1 2% 2% 2% 4,100 12% 12% 1214 814 12% 21 21% 1 5 1 Radiator common 1 50 Warner Aircraft Screw __ 5 __1 Preferred Wayne 41/3 __ 33% 1 common Corp States . 1 Timken-Detroit Axle Tube Tool . 314 10 Scotten-Dillon Standard 1 ___• Raisin 148% 149% 26% . Pfeiffer Brewing Rickel (H W) & Co Jan 7 Park common common Products ' common «_i 1 __ __ 275 21 Jan 23 100 9 Jan 9 % Jan 100 2% Jan 3 Jan 214 100 2% Feb 2% Jan 405 14% Feb 1,265 214 90c 1% Jan 2% 14% 5% Feb 9 2% 10% Jan % 2% 14% __ 7% oy8 10% 4% 35 90c 1% 15 n 5% Jan 16 %• Jan * 10% Jan 1,200 4% Jan 200 33% Jan 90c Jan 1.00 Feb Jan 1% Jan 35 1.00 2.775 iy4 500 . For footnotes 12 164 75% m/2 __ 1 13 ■ 3% __ 1 common 13 2% 73% __ 7514 10 Ball Hoover Hoskins Feb 6% 6% 1 Manufacturing, class B 50 10% 82c 474 34% 905 1 Industries 36 10% 36 400 1414 20 Motors Soss * o6c Jan 59% Stocks- Stores Jan 785 5 Sheller Unlisted Allied 11 6% McClanahan Oil 80 290 Jan 7 Mogul Paige Motors Jan 10 6% Federal Graham 15% Range Since January 1 2% * Coca-Cola class A Crosley Eagle Week's Jan 6% Jan 6% 1 Gerity-Michigan. Corp Goebel Brewing 226 High Jan 13% 82c — 1 Finance 10% * 34% — 3 General 350 5 Iron General 15 6% Steel Corp Ex-Cell-O Corporation Wood 15 5% 7 Detroit Gray Low 500 1014 - Range Since January 1 High 6 5% „ 1 41 of Trices Shares 1 common 41% Exchange for Week 14% eommor 40% — Sales Range 15 * Jan 53% Week's of Prices Low 1 Power 41 — Par —" Exchange WOodward 2-5525 ' 1 Consumers 36% 2,316 Last 1 York Curb Chicago Stock Exchange 2 Detroit & Cleveland Navigation Detroit Edison Friday i New 1 Erown-McLaren Mfg common Burroughs Adding Machine: 25 Jan 60 Sale Price STOCKS & Feb Par - Rubber Baldwin Jan ' 25 Jan 22% 46% 597/b 17% Gemmer Cine Feb 33 Last • Alt** Brewing* 23 255 Cincinnati Stock Cincinnati 30% Jan Friday Gar Cincinnati Jan 30% DETROIT Frankenmuth Brewing common & 25% 100 Exchange ,r, 34% Jan 235 23 25 - 16% 956 21 ■ —10 _ Waldorf Gas 845 Sale Price Jan 96% 51c 5 _ — _ Cincinnati 30% 33 STOCKS Jan Zm. — Corp 28% 33 Detroit Stock Exchange Feb 94% 96 % — 17% * 8hoe Machinery preferred Churngold 23% 22 30% Jan 7% 92% 51c I __ __ Fruit Co Champion Feb 26% Telephone: Jan 25c _ __ American Laundry Jan 13% Building Jan 17% • _ Aluminum 17 Stock Exchange Detroit Jan 8% ' • Co Feb Jan 12% Feb * _ - Drill. Rubber Feb 16% 11% 260 Feb —2.50 _ & Webster Inc__ Torrington Co 14% 290 265 14% Feb Jan 11% 50 RR Assn Jan 16% 13% Jan 50% 150 92% —2.50 100 55% 491 __ 100 H) 33% Jan 405 1,445 20 System Tel 55% Stock Ford 2,636 16 18 1 Drug Co Shawmut Stone Jan Feb Jan 38 American. Metal Prod Pennsylvania 10 69%' Jan Jan 71 77 55 5 :__ Electric (N Jan Members Jan 62% 10 15 " _ Tel & North Butte Mining RR 9% Watling, Lerchen fit Co. Jan 41 % 65 120 52% • — England Northern Jan Jan 66% Jan 75% • Linotype Service 28% 17% Feb 15% 100 — Narragansett Racing Association Nash-Kelvinator Jan Jan 40 10 27% 16% 33 Jan 4 3% Feb 77 HI100 common...-. preferred Mersrenthalpr Feb 50 100 % Jan 12% Inc Central 5% Jan 34 16% 14 23% _. _ 1 Kennecott Jan 13% Jan 10 • (new>_ 1 Maine 35% Jan Jan 38 Safety Jan 11% 32 32 28% 17 35 132 172 12% 34 Jan 4% 100 Electric Gillette 35 Jan 71% 100 __ preferred series A class E< preferred adjustment General Feb Jan 4% 12% 75 % Ry— preferred National 100 1,010 Jan 12% 14% 1— Westinghouse Elec 19% 68% ' 5 4% — 132 25 J) 5 __ Feb 75% 17% 5 _ Feb 44 10 * 267 * Lines _ _ 36% 28 17% 15 Co Jan Jan 12% 28 • Vacuum Southern 34% 41% 33 % 33 %c Corp Socony 34 145 12% 50 14% _ 1st First Pennsylvania RR 100 RR _ SS Ohio Jan 39% * _ Street Common 5% Jan 31 V'B 14% 10 Mass Eastern 32 Jan 38% Prop Trust Service 6% Jan 28 % 36% 44 34 * Oil 27% 398 Jan 31% 35 • _ • 475 High Jan 73 75% _ _ Low 30% 65 31% 36% 36% • Register Central— 14% Copper Range Co 6% Cash York 39% 100 stamped class D 1st pfd stamped.. Boston Eastern New Standard class A Cities National Ohio Edison Range Since January 1 High 42% 5 10 30 45% 31 . Motors 32 110% 111% Low _7 * 100 class C & Feb Railroad— 5% Calumet Jan Jan 149% General Stores - Electric 100 _ 7 10% Jan 116 100 prior preferred 'fc 45 Jan 175 Railway— Maine & 38% 146% 41 Feb 5 3,209 " 100 pfd- RR___ 40% 40% Light- Dep't General 29% __25 Albany Edison 40% High & 30% 31 50 Bigelow-Sanford Carpet 6% Boston 40% 148% 149% — — 149% * _ Low High ' 100 Tel— & Federated Range Since January 1 40% Agricultural Chemical„I100 Sugar Refining— American Power Shares of Prices Par Davton for Week Sale Price for Week ' Sale Price Sales Last STOCKS Sales Range Friday Boston Stock 1949 9,517,453 Bonds 72,923,600 Industrial & 1950 989,070 1,951,137 Domestic 9.418,150 19,448,700 Foreign Railroad 1949 629,000 $71,000 10,000 shares Jan. 1 to Feb. 3 $1,246 000 Bunds O. S. Government $1,246,000 Week Ended Feb. 3 1949 48,636,325 4,199,810 10,121,240 shares of 355,000 Jan. 1 to Feb. 3 Week Ended Feb. 3 1950 - I 1 % H%*. Jan 5% 35 . Feb Jan | Volume 171 Number 4873 THE COMMERCIAL & FINANCIAL OTHER STOCK .. CHRONICLE (583) 31 EXCHANGES RANGE FOR WEEK ENDED FEBRUARY 3 -Si±. Los Angeles Stock Exchange Friday STOCKS Week's * Sales Last Range of Prices Alaska Juneau Gold Mining Co__ Mfg Co (Un) Allis-Chalmers American Airlines American Power & Light Inc (Un) Low 10 a33% 1 — * 10% Low a3 a32% a33% 50 10'A ' 10% High 3% Jan 31% 304 -- Jan 34 * Phelps Dodge Corp (Un) Puget Sound Pulp & Timber Co— Pullman Incorporated (Un) 495 9% Jan Pure Oil Co Jan 1,285 15% Jan 16% Jan American 14% Smelting & Refining (Un)__• 1,375 13% Jan 14% Jan Tel 55% 55% 275 55% Feb 55% Feb Republic Petroleum 2,256 146% Jan Feb Republic Pictures American & Tel Viscose Co Co (Un) (Un) 100 Corp (Un) (Un).T Anaconda Copper Mining Co (Un) Armco Steel Corp (Un) American Woolen Armour & Company (111) Manufacturing Corp Baldwin Locomotive 31% 30 29% a30 9% 100 25 28% Jan 30% 28 % Jan 29 Jan 9% 2,196 6% 8 Jan 6% Jan Ryan 40 Feb 7 6,100 5% Jan 7 Jan 437 11% II'/b 11'A 410 37/3 41/3 1,310 18% 18% 476 17 Jan a21c a2lc 200 25c Jan 11 Jan 35% Jan Barker C.orp Bros Barnsdall Oil Basin 1 10 common— Consolidated Co (Un) 1 5 Aviation Bendix Home Benguet Corp (Un) 11% —0 Appliances Inc— Cons Bethlehem a56'A 20o _____ Oil Co Bendix Mining California Case (J Packing Pacific I) Corp Company Cessna • • (Un) ; & Gas Consolidated Vultee Y General A Corp Co: Oil Company Kansas Petroleum of 4% Jan 626 16 493 15% Jan 100 17% Jan 12% Paper Co Jan Co 1 11% •" Jan 12 530 10 % Jan 6% 298 6 % Jan a58% a58% 100 55% Jan 6% 13% Jan Assoc * 7 Vb Jan 59 % Jan ; Co (Un) 12% Jan 14 ^ Jan United 29% Jan 29% United Air Jan 7% 250 7% Jan 7% Jan 8% 8% 777 7% Jan 8% Jan a21% a21% 30 22 % Jan 22Vb Jan 11 Jan 74 19 Vb Jan 19% Jan Jan 46c 39c 1,600 1% 615 302 10 9% •; 37c 12/16 302 300 Jan Jan Jan 1% vJan Jan 305 Jan United 17% & 73 75% 16% Co Corp (Un)__* 12% (Un) Libby McNeil & Libby Lincoln Petroleum Lockheed Aircraft Inc (Un) (Un)— Co Middle South Utilities Nash-Kelvinator Corp (Un)— New York Central RR Corporation (Un) American Aviation North American Co ( (Un) Railway Co Oil Edison Oil —.—. (Un) Corp of Calif Pacific Gas & Elec common preferred 51'r redeemable Pacific Lighting Pacific Western Motor preferred Van de Bros Car Co Pan American Airways Paramount Pictures For footnotes Western Air Union Lines (Un)_ 75% Feb 17 a46% a48% 230 2 a__ Corp Inc 46% 1% Jan 65 42% Jan 11% 1,335 10% Jan 11% see page Feb 22% Jan 28 1,720 26% Jan 28% 10% 12% 10.442 10% Jan 12% Feb 19% 27% 12% a 36 "A 19% 540 19% Jan 19% Jan a36 % a36% Jan 36% Jan 36% Jan 401 60% Jan 61% Jan a73 a71 190 60% 60% a73 Jan 238 Jan 71% 72 Jan 100 11% Jan 11% Jan 23% 23% 24 % 894 23 Jan 24% Jan — al2% al2% —1 17% 16 17'A 11,572 14% Jan 17% 18 18% 655 16% Jan 1 19% Jan 9% 9'A 9% 1,150 8% Jan 9% Jan 23% 24'/b • a44% 26% a a43 Vb a44% 26% 715 23% Feb 25% Jan 463 42% Jan 44% Jan 2,647 25% Jan 27% Jan 26% a83% a86Vs 86'/a Feb 335 a__ a— — 27 VB Feb 15 14% 15 470 14% Jan 15% Jan 1 3% 1 • Corp Oil Co Inc —— 21% Feb Jan 30% Feb 200 41 Jan 42% 150 12% Jan 13% 15% 850 14% Jan 16 % Jan 8% 1,540 Jan 9 Vb Jan 22% Jan 32% Jan 30% 17,027 41% 42% 12% • (Un) 12% 15% — — 8% 8% • (Un) 22% 22 22% 485 32 32'/b 793 a20% a20 % 92 12.50 4 Jan ' 5 (Un) Jan 41 28% 10 3% 25% Jan a41% a41 % ' 30% 1 Co 105 233 Jan 112% Jan all% all% 50 11% Jan 12% Jan 1.65 Jan 1.85 a20% 1 a5% 10 Jan Jan 15% Jan Jan'"' 10%. Jan Abbott 2% Feb Acme 1.70 1.70 700 14% 15% 1,715 10 10 275 105 a5% a50 a50% -- 14 9% Midwest Slock Jan 8 21% Jan 30% Jan a— 5 if Jan a__ 5% Jan 6 Vb Jan 1,200 2'A Jan 25 35% Jan 38% Jan Admiral 9% Jan 10% Jan Advanced 2.30 Jan 10 1,200 2.25 2.30 4,450 2.10 Jan a28% a28% 107 28% Jan 85 12% 12% 1,063 allc 500 a__ 9% 29 a ... Jan .7 Ja° •«■- 13% a__ Steel 6% 280 4% Jan 6% Aetna Aluminum Ball Allied Tel 389 Jan 17% Jan American 51 Jan 54% Jan Anaconda 776 45% Jan- 440 23 Jan 25 46% 25 7% Jan 8 (111) Stand San & & Tel Copper Armco Steel Co & Co Mfg & 80c 6,900 72 % c Jan a41 20 .1% 80c 17 1% 2,293 80c 1,300 70c Jan 1% Feb 80c Jan Jan — ~ Jan 90c Jan Berghoff Bendix Fe 18% 1,006 17% Jan 19 Jan Bethlehem 58% 756 54% Jan 58% Feb Binks 1.60 1.75 8,250 1.60 Jan 1.75 Jan Bliss al7%- al8 135 17% Jan Steel Corp Manufacturing Co & 18% Jan 290 8% Jan 9% Jan 331 22% Jan Jan Brach (E J.) Brown Co 14c 46 2,000 11% Jan 13% Jan 11c Jan 14c Jan Shoe ... Burkhart 11 % 11%': 607 10% Jan 11% Jan 19% 538 18% Jan (F) Manufacturing Burton-Dixie Corp 19% Feb Butler 19% Jan 19% Feb Canadian Jan 7% Jan 19% 18% 7 6% 7 345 30c 25c 35c 2,800 1.45 1.45 1.50 4,200 8 a34 a33% 27% 27% — 20% ,, a34 28\ 22% : 675 17% 6% 20c 1.40 Jan Jan 35c Centlivre 1.65 Jan 261 31% Jan 33% Jan 866 27% Jan 28% Jan 20% Jan 22% Feb 33 33% 2,995 Feb 34% Jan 36% 36% 208 35% Jan 36% Jan 32% 32% 160 32% Jan 32% Jan 28% Jan 28% 28% 28%'*- 250 28% 150 52 54 % 1,038 37% 37% 100 4% 4'/a 1,625 9% 10% 18% 19'% 850 1,076 33 28 Jan 28 Vb Jan 52 Feb 54 % Jan 37% Jan 37% Jan Jan 4% 4 9 18% 28% Feb Chicago Towel Co 10% Feb Chrysler Corp Jan Cities Service 21% 158 21% Jan 22'A Jan 14% 1,825 13% Jan 14% 2,173 146V» Jan 149% 1,565 28% Jan 31 27% Jan 30'A 28% 30% 29% _. 30'A 975 9% 6,200 7% Jan 9% Jan 1% 900 1% Jan 1% Jan 50 106 Vb 106 VB 106'A . 5% 1,300 4% Jan 5% Feb 300 1% Jan 2'A Jan 7 8,800 6 7 Jan 36% Feb 11% Jan 13% Jan 39 1,302 35% Jan 39 6% 6 Vs 33% 32% 6% 950 4% Jan 34 900 30% Jan 400 12 Jan 325 Feb 6% 34 Feb Feb Feb 12'A Feb 14 V2 Jan 12% 13 750 12% Feb 14 Jan 58% 530 56% Jan 59% Jan 56 55 56 450 52 Jan 56 Feb 39% 38% 39% 265 38% Jan 40 30% 31'A 700 29 Jan 31'A Feb 17% 19'A 450 16% Jan 19'A 31 ——■ ' 14% 14% 15 37 38 „„ ,T , 10% 510 9% Jan 11'A 15 15% 775 14% Jan 15% Feb 3% 5,000 3% Jan 3% Jan 3% 500 3% Jan 4 Jan 2,344 14% Jan 15 Vb 250 35% Jan 38 2% 2% 2,150 20 Vb 20 Va 20% 400 18 Y, — 29% 1 17 18% 1,400 10 10% 550 29% 30% 1,410 13% 8% » 7% 14 Vb 1,965 8 % 2,350 95 —— 66 — 74% Jan Jan 18'A Feb Jan 11% Jan Jan 30% Jan 14'A 12 91 Jan 95 45 114 Jan 115'A 2,275 63 Jan 68% 71 % Jan 78%. J,an 95 72% 10 Feb 20% 46 95 66 15% 28% Jan Jan Jan 325 63% 19% Jan 2% 12% Jan 7% Jan 46 114% 115 2% Jan Jan 41% 44'A * Jan Feb 10% 2% 10 14 - 57% _• .j. Jan 33 JA 850 1 * 7 50 13% 37 38% 0 common Jan 36% 13'A 3% • 5% 36% —— 3% 5 Jan 5% 2 3% (Un) 106 Vb 5% 10% 5 Jan Feb 2 2 15% ... Feb 1 Vb 13 15 Jan Jan 9 iy# 12'A —-2% Co 14 148% 149% 3% Convertible preferred 20 Vb Jan 21% . 1 Cherry Burrell Corp Chesapeake & Ohio (Un) Chicago Corp common Chicago Mil St Paul & Pac vtc Chicago R I & Pas Ry common. Feb Feb 10% 25 Convertible preferred Jan 31% Jan 4 14 Yb .. Jan Jan 9% " Central 111 Secur Corp common- Products Jan 3% 26% 800 Corp South West Corp__ Central Illinois Light common Certain-teed 4 1,685 3,000 10% 10 Central & 1,680 Jan Jan 31% 14 8 common Brewing Jan 12 —12% Pacific (Un) Carr-Consol Biscuit Feb 3'A 3% 5 Inc_ 19% Bros Jan 14 • I L 3 10 & Sons al3... 300 12% Eorg (George W) Corp__ Borg-Warner Corp 24% 13c 3'A 2% Laughlin Inc 9 al2% Jan 6% 10 1 • (Un) 7% 29% —— Corp 5% Jan 6% Jan 3% • 5 150 10% 3 10 300 7% 31% 3 _ 6 VB 3% 3% 4 — a22% a23% 9 1 Feb 6 7% 100 (Un). Co Brewing 18%- 24'A 14% Aviation 56% Jan 29% Corp Mfg Corp Bastian-Blessing Co 2 17% 5 Avco Belden Mfg 4,500 149% Automatic Washer a__ 24'A 10 Santa Athey Feb a__ 22% 1 Jan a41 Jan 23% 50 (Un) 18 VB 72%c Jan 21'A 100 (111) Products 54% Jan (Un)—• (Un)_ Co Topeka Jan 19% 1 Co Mining Jan Feb 01 621 • Rad 260 High 510 21 y» i I (Un) Investment 17% Low 53% 20% 5 (Un) Airlines American 54% Range Since January 1 High 20% 0 Manufacturing Feb 17% 53% 50c Laboratories American 54% 23 % Castings— Roller Bearing & Akron Brass Low 1 Corp a46% a46% 16% Shares 10 Alleghany Corp Jan a__ for Week of Trices 5 Co American 5 a— — Sales Range Par Laboratories 2% a35% a36% a— Exchange Week's Last Sale Price a37% a37% 2'A 108 Friday STOCKS 26% — 69% Jan Jan 2'A Jan 10% 43% Jan 21% Jan 42 % Jan Feb 1 Jan 66% 250 Jan 300 Jan- (Un)__2% (Un)__ 42% 1,011 22 '/« a— 44%- 'Jan" 2% 11% — 432 69% 27% — 44% 68% 21% 69% Jan 17% * 42% y4 Jan 26% Jan 24% — Jan 18% 50 Kentucky Coal Co (Un) Willys-Overland Motors Inc (Un)_ Woolworth (F W) Co (Un) 440 — Feb 64% 3 Inc_ Tel 1,992 — 23% Jan 5 . Pictures 1,400 10 Jan 61 44 10 Kamp's H D Bakeries Warner 17 * Corp 37% 21 3,932 Feb 17% class A—25 Corp Oil Jan 527 63% Jan 26% 25 35% 23 % 62% 21% 15 — 852 22% 377 49 % Jan Jan Jan 23% 1 West Jan Jan 12% 53% 27% Westinghouse Elec Corp 69% 28% ' 38% 26 — a23% a36% Jan 26% Consolidated 17% 25 redeemable preferred Jan 75 Universal 16% 25 , preferred 5% Jan 50% 250 17% 33% 11% 574 25 Theatres Steel 26% 25 28% 3.104 21% Atch 10 100 28% 12% 52'% 27 VB Feb 16 % • Co Jan 5 Jan 25 —1 Company Finance 29% 10 18% 327 1 Co Jan (Un) 43 % 0 3,310 1 Aircraft Inc Occidental Petroleum Corp 29% 21% Asbestos (Un)_lQ0 Northrop 325 Corp (Un)_* 10 Inc Un) 29% 10 States Armour al3 29% —— Jan Certificates of interest in cornUnited States Rubber Co (Un) United Jan .1 Jan Jan Jan __ Feb 26% Jan Jan a22% 35 Jan 23 1.40 al7% Jan 26% 19 26% • 17 34 '/» 540 Feb Jan • Limited™: North Pacific (Un) Jan 4,426 26% Jan Jan — 16Vb 35 26% Jan 1.20 „ 901 34% —— 3% 24% .1 Jan Jan 17% 170 1 • Distillers Prod Corp Oceanic Jan Jan 22c 24 34% • 22% 490 5 National City Lines Inc Northern Jan 49% Jan 36% Jan Jan 260 2,617 18% Jan 20c 600 25 • 16% 34% 22 505 7% • _• Montgomery Ward & Co Inc (Un) Mt Diablo Oil Mng & Dev Co : 16% 200 13 1.35 80c 2,582 3% 7% 1 400 23 22% 1.30 1% Jan 17% 24% __ Jan Jan 6C 22% 25 a41 73 37% Jan 1 7% 1 Jan Jan 6c 10 1.30 18 35 Feb (Un) 1 1 Co Petroleum 67 Feb 37% 52 (Un). Corp 1 Mfg 70 2^ 100 a22c lioc Corporation _• Mascot Oil Company 407 6c Jan (Un) Inc Gas 20 (Un) 68% 22% • (Un) Corp Lines Paramount 7 — McKesson & Robbins Inc National 25 Jan a22c —38 com Co United 10c Co_, Angeles Biltmore Hotel Co Merchants __ a46% 1 Corp Magnavox Company Menasco __ • (Un) Jan 42% 9% 16% 6% _0 ___ 15% 911 allc 5 (Un) 1,510 261 49 % 9% 1 Light Copper 18% a42% a44% 49% 9%' Jan Carbon United a42 % a43% a36% Jan 43% 67% 25 Co Calif Aircraft 104 Jan 2.30 & RR a30% a31% Feb-7 7% Corp Power Oil of 310 18 a28% 51 Jan 12% 28 Century-Fox Film 13% 2% • Jan 41% 16% 1 (Un) Tidewater 17% a74% a747/8 10 (Un) 51 929 28% II 19% i Jan - 72'A 33%c 92 43 28% _ Texas Company (Un) Texas Gulf Sulphur Co (Un) Textron Incorporated common 18 2% 21% 35 25 12%'Jan - 151 10c Lane-Wells Company Packard 4 532 a37% Jan Feb 4% 17% 19 __ 19 6c — 17% 4% 15% 18 % 14% 370 a36 Vb 1136% • Swift & Company 9% -1 Can (Un) Jan 19 __ 21% 12% (Un) Jan 302 100 , Corp Nickel Inc 76% 1% 12.50 County Land Co 5%% Jan 4 18 __ 33% —- 11—25 (Un) (N J) 67% 37c 6.66% ." Company Kennecott 6^ Jan 4% (Ind) Co Jan a70% a71% 1 Inc Kaiser-Frazer Ohio 17% •'iijan -100 — 5 International Tel & Teleg Corp Pacific 15%;;Jan Oil Webster Jan - 18 » Jan 9 63% 69% 4% 7% a48% 32 22% _• Carbide 1 550 6c Calif 63% 105 Ohio Stone & of Pacific __ 33% 41% — Oil 75'A Jan a50% a51>A 43 0 Union 10 Jan 8 VB 20% %' 68 »A (Un) Union __ Feb 30% 230 0 Union 18% 34% 680 'A 8 8 Jan a44% Jan 34% 25 12 • 33% 32% IB Twentieth 1 Jan 6% a36% Company 669 11% International (Un). Jan 1 42 Jan 34% • Jan __ Jan 5% """l Calif 1,808 105 International of 30 8% Jan 39% 1,200 • 26 % 1 20% 1,526 .5% 15 27% • 41 VB 5»A * 22%: Jan __ Jan 40 »A 8% 2,554 * 20% 41 5% 25C 74% 11% Intercoast Jan 24 % • Exploration Jan 6% _• 66 % * Independent 13% Jan 23 5 (Un) Jan 5% 147 (Un) 73% 3 Illinois Central RR Co 11% 240 23 50c Corporation Del 63% Hancock Oil Co of Calif A Hunt Foods, 2,540 5% 1,216 (B Motor Car Feb 12% 5% a20% a21% 5% 30 • (Un) Development 11% 26'A 21 Studebaker Corporation (Un) Eunray Oil Corp common 4 % % preferred class B Graham-Paige Motors Corp (Un) Great Northern Co preferred (Un) Greyhound Corp (Un) Hudson 5'A Jan 29% Public Hotels Jan 30 2 Co 4% 23% • Utll Corp (Un) 5 F) Company • Goodyear Tire & Rubber Co common—* Nordon Standard Jan Western Goodrich Loew's Jan Jan Jan • Inc Electric 300 1,669 30 Co 15% Jan Corporation Los Oil 35% 1.05 (Un)__5 Feb Jan 5>A 26 Vb -1.75 Southern Railway Company Standard Brands Inc (Un) 48% 30% 13% 9% __ Jan Jan 12 Jan 8 (Un) Co Pacific Jan Jan — 4% 5'A preferred Co 33 90c : Garrett Kern 4.88% Southern 46% 30% 1 General Foods Corporation (Un) General Motors Corp common Jade , Standard Oil Co 200 a58% 4% Southern Calif Edison Co Ltd com—28 4.32% preferred .25 4.48% preferred 25 Jan 95c 5 Jan 24% —. 14% 95c 1 8% 500 5% (Un) Transamerica Corporation Transcontinental & Western Air_ Tri-Continental Corp (Un) 1 2,065 5% Oil Standard a__ Feb __ 9% 5'A 12% l A General Hupp Jan Jan FAR Liquidating Corp Farmers and Merchants Natl Bank_100 Holly 14% 19% Electric Bond & Share Co Exeter Oil Company Ltd A Hilton Jan 12% Douglas Aircraft Co Inc class 12% 515 l Feb Feb 9% 26% Corp__ Petroleum Southern Jan 270 __ . Feb.* ,'v 8% 1,000 Publishing Company (Un) Curtiss-Wright Corp common (Un) Fitzsimmons Stores Ltd 50 a__ 12% (Un) Corporation Industries Feb Jan 1,265 Jan 14% • Corp Socony-Vacuum Oil Co Inc 6%'. Jan 7% 265 29 Jan 0 Co Co_ 40 33 17% Jan 12% 5% (Un) of & 482 a46% a46% Jan 27% 7,065 —500 Company Sinclair Jan' 19% Curtis Dresser Jan 30% Co Zellerbach 8% 19% (Del) (Un) America Inc of _ Jan 26% a__ 12 15>/2 525 36% 74 14% 9% Signal Oil & Gas Co class A 34% - Roebuck Signal 2,223 a34% a34% Jan 28 X Jan Jan Feb 50 33% 27% 1 Sierra Trading 2% Jan Co Jan 13% II—1 Jan 1,165 13% Sears Jan 38% Jan 5% 315 7v/8 15% 7% 25% Oil Security a__ Jan 261 a57% a58% 13% 31% 32 50 95 Jan _1 Co Shell Oil 25c - Finance Seaboard Jan Jan 13 Jan 1,450 5% 4% 19 a__ 1% Jan a34% a34% 50% 16% Jan 16% 28 8 Paper Co Seaboard a__ 1,210 8% a25% a25% 7% Jan 30% (Un) (Un) Corp 8 1.557 Jan Jan 150 Jan 11% a 3,300 34% 5% 3% 12% Jan • Aircraft Motors Oil N 150 Jan 10% 23 Engineering Corp of 465 ,11 17 'A __ __ * Edison Continental __ • (Un) Consolidated Continental 66% 20 System 32% 4'% , 1 com ; 38% 1% 17. 10 Iron Corp 2,925 a9% al0% 33 1 Commercial Solvents Corp (Un) Commonwealth Edison Co (Un) Cons Chollar Gould & Sav Mng Class „ 1 (Un) Preferred „' 10 25 Colorado Fuel Crown __ '• 25 (Un) Clary Multiplier Corp Creameries 13%. 25 CUrysier Corp Consolidated — 77/3 113 11% - 50 5 Corp Company— Cities Service Co Columbia 5%. 15 Products Aircraft __ 1 (Unj 11% 38% 8% 5 common Ry Cd Caterpillar Tractor Co Certain-teed __ 2 1 a56% a56V8 1% » • (Un) Canadian al0% Pi Broadway Dept Store— Co __ 5 Co Steel Corp (Un) Blue Diamond Corp Boeing Airplane Company (Un)_ Bolsa Chlca Oil Corp„ Borden Company (Un) Borg-Warner Corp (Un) ; Budd __ , Aeronautical Co Regis Jan 49% 16 VB High 1 .. __ Safeway Stores Inc 12 Va Co _ common 109 12 Barnhart-Morrow Corp Jan Jan St 375 16% 2.50 Schenley Industries (Un) _ Co 37% - 49% 10'A Low 14% • (Un) Co Gas 107% 12 % Petroleum Oil Jan — Manufacturing Co Richfield 17% 8% 49% • Drug Inc Rheem Jan & 245 Baltimore & Ohio Railroad Co (Un)_100 ■ 9% Rexall Oil 298 13 Bandinl Jan 40 40 3 Reserve Jan 283 32 % of America Corp (Un) Steel Corp (Un) Republic a Jan 1,340 a30%' 9% 149% — 27"% 107% 107% 100 a__ 568 30'/a a29'/2 5 (Un) * ^ 32 Vb 29% 10 (Un) Works 148% 149% a70% a70% • (Un) Topeka & Santa Fe Ry Atlantic Refining Co (Un) Avco 14 Co Atch 149% Radio Corp Jan 49% — Radio-Keith-Orpheum Corp (Un)_ American (Un) San 16% 1,142 0 10% 16'/8 St 590 10 • (Un) Jan 16 .14 & High 17% 9% ■ 25 -— Jan 3% Low 17'A 10 33%c • Radiator for Week 17% 50 (Un) • Amer Sales Range Par Pennsylvania RR Co Pepsi-Cola Co (Un) Range Since January 1 High a3 • -i Shares Par Week's Last tor Week Sale Price Friday STOCKS 490 8% Jan Feb Jan Jan Jan Jan 38. *r • 32 & COMMERCIAL THE (584) OTHER STOCK FEBRUARY 3 •' >- Friday. Range of Prices Products Cleveland Corp Iron common Electric Illuminating Cleveland Graphite Bronze Clinton Club Poods Aluminum Coleman Sears 2,600 250 73% Jan 78 Jan Serrick Corp class B cqmrnon Shellmar Prod Corp 153/4 7714 77la 46 362 43% 45 27% Jan 412 33%- Jan 44% 28% 28% 34% 36 36 > Jan Feb Signode 28% Feb Sinclair 36 Feb 46 * Co Co Inc 6% 6% 100 6% Jan 21 V4 2114 400 20% Jan Oil South Lathe Bend Gas Consumers 1214 12% 7,600 12% Jan 12% Jan 30% 30% 31 5,300 29% Jan 31% Jan Continental Motors Crane • 1714 1714 1714 20 17 Jan 20 Jan Standard 6% 1,300 6% Jan Standard Oil Standard Steel Domestic 1 Corp Credit class Corp Pont 6314 1,050 59 373 54% Jan Jan 36% Jan Jan 8% Jan 3% 62 6314 Jan Stewart-Warner Jan Stone Jan 4 Storkline 59% Feb Studebaker Sundstrand 90 Jan Sunray Oil 95 Jail Swift & Swift Jan 21 950 20% Jan 22 Jan Jan 10 & Dock Co Jan Four-Wheeling Fox * T 10% 300 11 Jan Texas 10% 5% 5% 1,350 574 5% 10% 1V* Brewing common (Peter) 10% 10 Auto Drive 100 5 — of America Inc 914 97 200 10% 10% General Transportation: Amer Jan Jan 374 Jan Jan 44% Feb 69% 66 7 a 69% 1.783 6674 Jan " 69% Feb 2774 267a 2774 1,212 25 7a Jan 2774 Feb 18% 19 Va 360 18% Jan 19% Jan Jan Jan Thor Jan 3 5% 10% Jan of Co. Trane (The)_ United Air 3,900 68% Jan 757k Feb United Corp 167k Jan Jan 47% Jan Feb Wleboldt & 19 Jan 24 Jan 25 714 10 12% Tool 14% • Corp 24% 50 23 Jan 24% Jan 12 1214 600 10% Jan 12 % Jan 37 400 34 Va Jan 39 Jan 14% 900 14 Jan 15 Jan 14 4% Jan Jan 5% 30 Jan Jan 39% 450 38% Jan 39% Jan 33 200 32% Jan 33 York 33 27% 28 1,400 26% Jan 28% Jan 46 46% 1,055 45% Jan 46% Jan 1318 15 600 13% Jan 15 Feb 13 13 500 12% Jan 13% Jar. 11% 11% 50 9% Jan 12% Jan 6% 1,100 5% Jan 6% Jan 2% 1,200 2% Jan 2% Jan 7 Jan 7% Jan Jan 7% Jan Jan 11% Jan Jan 16% Feb Jan 39 11% 6 2% 7 7 250 7 6% 6% 4.000 6% 11% 10-% 11% 400 10% 16% 16% 16 la 50 14 39 39 20 39 —* 7 - ~77a 10 150 46 Feb 54 Jan Jan 26% Jan. 23 3 4 Jan 30% 315 Jan 31 6% 6% 200 9% Jan 10 Jan 2% 63 2%. Jan 2% Jan 23 Jan 2574 6 Jail 100 24 Jan 7 6% 6% 1.400 14% 4C0 12% Jan 14% Feb 18 18 25 18% 500 17% Jan 18% Feb 24 24 24% 150 22% Jan 24% Jan • 58% 55% 58% 2,006 54% Jan 58% Feb 11% 11% 11% 800 11% Feb 11% Feb 13% 13% 100 13% Feb 13 % 17% 18 2,200 10 _ Corp (Un; Cooker North American North 5 2 —— 3% Jan 18% 9% Jan 10% 24% Jan 27 400 3% Jan 37a Jan 2,000 11% Jan 13%> Jan 2474 Jan 26 3% 13 Feb 13 12% 25 25 25% 450 20% 19% 20 3 « 1,600 18 3 4 Jan 20% 27% 27 3 28% 1,600 25% Jan 28 74 16 16 50 16 Jan 16 10% 12 6.900 10%. Jan 12 497b 337a Jan 28% Co 8 33% 33% 337a 1,673 Oil (Un)— • 27% 27% 28 700 27 14 14 14 25 Motor Car 4% (Unl 4% 4% 10 »'8 9% 10% 14 Feb 14 2,070 14% 675 137 a 3% 3% 700 3% Jan 38% 39 74 335 3% 387k 23'% 200 21% 18,700 257 a Jan- 6% 674 :». ioo 6% Parker Co Pen (Uni-27-2 (Un) 1 25 — Patterson-Sargent Co • Peabody Coal Co common 20 18% 5% prior preferred Elec Switch 26% 26% 26% 24 24 24 Pennsylvania RR Peoples Gas Light & Coke - 7 Perfect Potter Circle 1,162 307k Jan 33 Feb 14% 50 147a Feb 15 Jan 11% 1,250 11% Jan 11% 11% 12'/a Jan 10% 10 Va 100 10% Feb 11 Jan 75% 7874 680 737a Jan 78% Feb Sales Week's Range for Week of Prices Shares Low St Tel 100 Tei 146% Jan 149% Feb 1,261 14% Jan 15% Jan 11% Jan 127k Jan 1st 2% Jan Electric & General Light com Deposit Co Motors $] div Phiico Gas Jan 77k Jan 8 Jan 217k Jaa 24 Jan 755 22% 23 459 21% 23 1,673 21% Jan 23 Feb 40% 576 397a Jan 41% Jan 63% 64% 119 63% Jan 67'a Jan 72% 75%- 3.835 68% Jan 75'a Feb 15 15 5 8 132 15 Jan 167 k Jan 8% 3 8% 45 Jan 87 a Jan 152 10 Jan 11% Jan 10% Jan 1174 Jan 11 —• 50 23% 23% 7% 2,100 Public Co (The) Pure Service Oil Co 50 17% 133 10 com (Un) _• • Radio Corp of America Radio-Keith-Orpheum Packing Republic Steel Corp Rexall Drug Richman • (Un) (Un)— " Rath Louis Nat Stockyds St Louis Public Service 25% 25% 25% 6,283 23% Jan 25% Feb 25% 24% 25 3 a 294 24% Jan 25'a Jan 37% 36% 38%- 1,028 32% Jar. 387k Jan Jan 25% 26% 1,509 25 y. Jan 267* 29% 30% 532 28% Jan 307* Feb 22 21% 22% 270 20% Jan 22% Jan 68% 66% 69 228 66% Feb 70% Jan • 57 % 55% 57% 421 55% Jan 607* Jan V J (3 35 u Jan 1 u Schenley Industries Schwitzer For com 3% 1,746 3% Jan 27% 936 267k Jan 27 Va Feb 30% 31% 197 30 Jan 317a Feb 1957 11074 110% $1,200 1097k Jan 110% 1961 1975 108 108% 1,600 107% Jan 1087* 20 BONDS American Telephone & Telegraph— convertible debentures 2%s 2%s convertible debentures Baltimore Transit Co 4s 41% 42% 2,500 footnotes see page Jan Jan Jan Jan Pittsburgh Stock Exchange Sales Week's Friday Last STOCKS Par 21% Jan 26% Jan American Jan 24 Jan Jan 7 Feb 6 ■( • Low 25 Range Since January 1 High Low High 21% Jan 4.110 7% Jan 2% Jan 14 y* Jan 15% Jan 10 Jan Electric Securities— 2 2% 14% 15% 115 10 10 200 - 9 J an 25 Jan 10 25 Jan 17% Feb Clark 15% Feb 15% Jan Columbia Gas System- 12% 12% 12% 449 12 y8 Jan 1234 13 12% 13 671 11% Jan 13 Jan Feb 16% 15% 16% 651 11% Jan 16% Jan 17'a 16% Jan 17% Jan Jan 133 % Jan Duquesne Brewing Fort Pitt Brewing 8% Jan 107* Jan Harbison 500 400 x27% — Co 127% 11 27 L) 7,896 10 % 7% 28% (D 2.800 17% 11 7% Jan 7% 313 1,500 28% Feb 6% 100 7% 28% Jan 11 7% Walker Refractories com—• Joy Manufacturing Co—.— Lone Star Gas Jan Jan 30 107 107 107 830 27% 80 103% 14% 9% 13% 14% 16,900 12% Jan 9 28 28 9% 2,095 8% Jan 107 28 50 28 3,100 1,200 23% G 46 350 43% 41% 41% 26 Vi • 6 24% 5% 28 26% 170 45. 6% 9,500 - 40 4% Feb Jan Jan Jan Jan Feb 14% Feb 9% Jan 28 26% Feb Fuel Supply $2.50 Jan 22% Feb ' 31% Jan 33% Jan 98 25 y8 Feb 26% Jan 9% 240 8% Jan 9% Feb 196 19 Vz Jan 22 74 Jan 9% preferred Pitts Pittsburgh Steel Foundry common 45 Jan 6% Screw & Bolt Corp_. Jan Rennar Jan Mining Standard Steel Spring Westinghouse Air Brake Westinghouse Electric Corp Jan 34% Jan 11% Jan 12 Jan 20 6% 4% 6% 6,555 3% 2% 3% 17,741 San Toy Co 4% Jan 6% Feb 2 Jan 3% Jan 68 1,273 50 Jan 25 34 39 1,497 32 y2 Jan 39 Feb Feb 10 35% 36 % 77 35% Jan 37 7a Jan 8 Feb 7% Feb Feb 58 preferred conv Pittsburgh Plate Glass 29% 200 $3.50 Feb Jan 11% Old New Jan Jan 33% 20% 30 20 .10 2% common Jan 27% 11% New 6% 31 440 305 25% Pittsburgh Brewing Co— 46 % 100 28 32% 11% 5% 9% 1:2% 33% 25 Va Jar. Jan 5 Mackintosh-Hemphill Mountain 25% 21% 33% 22 % 1 -10 Jan Jan 8% Feb Jan 5 1 28 27 5% 1 Shares Corp partic preferred Blaw-Knox Co 45% • for Week 2- Allegheny Ludlum Steel Jan Range of Prices 16 7 — — 1% 38. 417k 45 100 '■ (Un) 4 100 10 • Cummins Jan Jan 3-8 27% 13% Coal Jan • A It 26% 1 _. Improvement Westmoreland 26% 29% 50 • 10% Jan 45% • — Jan 15% 11 2 la St Jan 140 • Jan Jan • (Un) Co Sangamo Electric Co • 1 10 (Un) Bros 18 39 % -Jaa 4,406 • National Fireproofing Corp. Quaker Oats Co common Feb Jan Jan 21% 4.149 17% 39% 17% 131% 133 1 1 (Ind; Corp 24 1674 36 | 24 17 38% 17% • common Corp United 68 7k 10% Mining United Jan 10% Co Tonopah 62% 10% : Paper Oil Jan 10% div preference common Reading Co Sun 14 10% El St Gas common Public Service Scott 7% Jaa 15% * • —3 Electric common preference common Corp $1.40 66 12% 1 Pennsylvania RR Pennsylvania Water & Power Co Philadelphia 63% 63 l Pennsylvania Power St Light Jan Feb 121 75% 10 Corp 157k Feb 64% 10 5 Pennroad Ja-n 690 13% 7% Jan 120 40 Coal Corp 14 23 Lehigh Navigation (Glenn L; 2 127k 210 13% 7% Brothers & 14 121 120 23 Gimbei Martin 461 121 66 1 13% • 10 Storage Battery Fidelity 2% 29%. Jan 704 13% • Corp St 12% 2% * Power 12 13% 2% Curtis Publishing Co Delaware 12% SO Company Chrysler Corp Chemical 15 100 preferred Bankers Securities Corp common Davison 14% • Baltimore Transit Co common Jan 2,753 30% 15 13 Baldwin Locomotive Works High 317 k 153 148% 149% 149% • American Low 30% 30% Arundel Corporation Range Since January 1 High 15% 21a Pressed Steel Car common •. 17% 33y3c Co Jan 33 78% • 22% 800 6% 100 Pepsi-Cola Co (Un) Feb 77k 14% Last 26% 150 25 10 class A— Jan 30% Jan Jan 23% • 30% 33 a 18% '727 20 4% Jan 9 730 109 5 Penn 40% Feb 30% Jan Jan 4 Jan 21% 287a — «... 30% • American Stores Feb 4 3,280 * Paramount Pictures 15%' Jan 20 44% Sale Price * American World Airways Jan 45% Jan 5o 14% Jan Edison Ohio Pan 507a Jan 49% 43% _ Feb Ohio Packard Jan 42% 50 • Co Feb Jan 4 32 Co Jan Jan 12 1 Ontario. Manufacturing 19% 44% 270 Jan • 2% Shoe Jan 18% 12 Feb » Co Co Jan 10 Co— Jan 16% 17% 650 1.100 Jan 27 — Jan 16% 50 100 10% 26% — 20 __ Co Car 10% 1 Bancorporation Bush Mfg • 10 Mfg— American Northwest Jan 3174 30 Par Feb Cement (Un) Jan 1174 Feb 29% Jan 12% 1 Jan 30 14% —— 1 Co 203- Jan 23% — 6% 1 c common 8 Jan 1.930 26% 30 6% — — Jan 19% 2% 30 " 7% 300 49 24 Jan Jan 1,050 7% 20 X46 26% 4 ~ 7% 20 1 common RR Jan 62 291'a a Friday Budd 27 % * class B Central 127 a Jan Sale Prico Jan 33 4 Pressure & Jan 11% STOCKS 5fv> 38% 10 j National Standard Tile 9% 59% 297 12% Feb 28% 5 —— Nash-Kelvinator Nunn 3% —50c Nachman Oak Jan 350 33 the Montgomery Ward & Co New Jan 3 552 —1 — Muter Co 2,200 10,219 a 12% Jan 42 32 5% • $1 National Jan 100 29% • National 2% * Co Portland 60" Jan 297 5% 5 Missouri ~ 43 • common prior preferred Minneapolis Brewing 12'% 60 a Philadelphia-Baltimore Stock Exchange Jan Jan 314 * Co t Jali 29% — v 17a 1,000 Jan 5% * . Brick Miller & Hart 40% 29% Piping & Supply Midwest 2% * • University Corp 135 1 Light Co (Arthur G) 100 Bankshares Publishing Jan 7% 41% 41 36% • West 714 41 Jan 7 314 • Metropolitan 117a Feb Jan 24% Marshall Middle ~ 214 41% Lindsay Light & Chemical McKee 714 41 1 5 5 Libby & Jan Feb Jan • Printing Co 37% Jail ■30% 21 % common Field 12% Jan 22% • & Feb 11% 100 Light (Un) Jan Youngstown Sheet & Tube 950 Products McNeil Lincoln World 150 — Cumulative preferred Libby Jan Jan 2% 500 Harvester Co Wisconsin 11% 16 Jan 18% RR & Sessions 34" a Jan Jan Jan 1% 25 Steamship Laclede Gas 1,300 common- 10% 24 , Inc Stores 147a 1814 —.—25 Co common 37% * 400 1,520 23 3 Salle Extension 36 Works 2,000 214 24 Company Leath 1% 1 " Kelley Island Lime & Transport Lamson 214 —10 Knapp Monarch Co— 36% 5 Westinghouse Electric Corp 13% : Kropp Forge Iron Jan Corp common — Huttig Sash & Door common Hydraulic Press Brick common La Do rn 117a Corp Switchboard Feb 25 ——7 4474 Hupp Key 12% common— 550 18% Kellogg Jan • Steel 180 . Shoe 7,500 10% 1 S 13% 1 International 12% United Paramount Theatres com_ 47 Brewing Co—;— International 10% U 13% 2 Interlake 12% Feb Van Breyery—, — Feb 10 74 Feb 11% Steel Jan 54 7 a Jan Jan 267a Inland 28 7k Jan 9 10% Jan 400 & Jan 47 37% 15 800 Power 2674 17% 28% 11% Steel 1.480 312 Jan Jan 30% Pneumatic 28 3,100 (Un)_ Jan 29% Indianapolis div 14% 1114 Indiana without 24% 30 % Independent 26% 54 10 1,105 11% Central 300 28 _ 1,791 class A Co.— Jan 16 16 — Feb 10 74 (Un) 15 15% Illinois Inc 46% Preferred 16% • Carbon. & Lines 28% 11 Brick Carbide 14% 15% Illinois Jan • United Light & Rys Co 11 Bartlett 16 — Jan 8 33% 15% Spencer Jan 54% 208 South La Salle St Corp. Union •Graham-Paige Motors (Un) Gray Drug Stores— Great Lakes Dredge & Dock—___—.. Werner Feb 8 7k - Air Western Feb 13% Hibbard & Jan ___. Hein 14% Jan 2 26% _ (G) 127a Jan 77a Feb Goodyear Tire & Rubber Co— Gossard Co (W H) Heillman Jan 1274 1,500 9% (The) — Harnischfeger Corp 11% 1.420 8 7a 5 Co — Co 50 14% 7% 10% Corp Jan 950 Instrument 12 7-3 13 8 Va 25 _ s 1,000 Western 12% 14% Ltd— 774 4,750 Hammond Co 44' 37% Cooperage 12% deposit-. 48 10% Bros 1 127 .... Jan 17% Griesedieck 1,240 5 __ (Un) Jan 9 Greif 1 Co Jan 37 (Un)— 9% 1 6% 16% Bros Jan 3% , 41% 37% Co Jan 5'/a 97k 1 46 10% Goldblatt 2474 5 10 16% Glidden Jan Jan 42% Tool 150 1 Razor Safety 10% 22 2,200 5 Feb 200 • Machine 2,200 5 Refrigerator Co Jan Jan 1,900 (Un) Corp 7% Gibson Gillette 17% 1 47% General Public Utilities. common Jan 14 3 7k — 44% 6% 75% Corp Corp 15 y2 Jan 44% _ _ 47 % 44% " 73 Motors 50 127a 10 43 —5 75% Finance 16% 500 ' 1 10 General General Jan Jan 37 a Corp Transcontinental General Electric Co (Un) 17 30 Jan Ctfs 9 914 Jan 16% 10 International 92% 20% 21 1 79% 20 Feb 16Va Jan 974 Furniture Jan 91 4% 4,100 26% 127k 42 3« Corp 63% 92% 700 16% 4% 2,750 44 % 978 com Corp Container 30% 85 23 16%. Jan 44% Spring Jan Jan 22% 16% Jan 1174 25 (Un) J) (Ohio) Jan 80 80 (N 61 29 23 1 (Un) Sterling Aluminum Products Fitz Simons Flour Mills Oil 29% 1,095 30% 13% 41% 500 25 — __ __ Sunbeam • Brewing Corp ' & Connell Dredge Jan 34% '29% • Falstaff 7% 25 4 921 'a (The; Corp Paper 800 137 a Jpn 1,278 Jan 8% 58% 5 Electric Controller & Mfg Eddy 814 34% 77a 30 3% 2 Co— Jan 8% 3% (Un) de Nemours (E I) Manufacturing Eaton Jan 77a 714 1 15 A—_ 27% 1,315 34% 8% 5 Dow Chemical Co Jan 623 8% 30 28 % 25 Doehler-Jarvis Du 6% 6% 1 (Un) Co Curtiss-Wright Corp (Un) 1 Detroit & Cleveland Navigation (Un;—5 30 5 Standard common Co High 29 2 12% (Un) Edison Since January 1 Low 12 7 a 1 Standard Dredging Oil of Indiana • 25 System Commonwealth High 43 29% 15 Works . Ran ge 11% • Corp • 41% 43 • Society Brand Clothes Socony Vacuum Oil (Un; Jan 21% Low • Spiegel Inc Columbia Shares 1 - Strapping- Steel Jan 6% 5 Products (The) Jan Jan 1514 l Co 33% 15% 7714 l — St Jan Jan 15% • (Uu) Inc Roebuck 33 • Cliffs for Week • 14% 230 33% 33 7 k Range of Prices Par High Low High Sales Last Sale Price Range Since January 1 • 1 $4.50 preferred Cleveland 3314 Week's Friday Shares Low ' - STOCKS for Week Sale Price Ctiy. ' Sales Week's Last Par Monday, February 6, 1950 EXCHANGES RANGE FOR WEEK ENDED STOCKS CHRONICLE FINANCIAL • • 1 1 1 • 12% 8 7% 7% 7% 8 7% 125 130 7 IVz Jan Jan 68 90c ?nn 75c Jan 95c 9c 95c 95c 10c 14,500 9c Jan 11c Jan 18% 18% 50 18Va Jan 19% Jan 27%' 25% 27%. 1,018 25 y8 Jan 27% Feb 32% 31% 32% 426 30% Jan 33% Jan Volume 171 Number 4879 THE COMMERCIAL & FINANCIAL OTHER STOCK CHRONICLE EXCHANGES RANGE FOR WEEK ENDED FEBRUARY San Francisco Stock Week's Range for Week of Prices Par Air Reduction Co (Un) American Airlines American Inc Factors (Un) 20 American & Foreign Power (Un) American Power & Light (Un)_„ Amer Radiator & Stan San (Un) American Smelting & Refining American Tel & Tel Co (Un) American Viscose Corp 14% * Matson High Co Navigation McKesson Robbins & Inc Jan 4 Jan Mfg Co Mindanao Mother Lode Mines 9% Jan 10% Jan Monolith Jan Montgomery Ward & Movrison-Knudsen Co Jan 18% 430 18% Jan 3% 425 2% Jan 3% Jan 16 Vb /» 110 15% Jan 16% American Woolen Co 18 720 13% Jan 14% 56 315 Jan 56 2,067 146% Jan 149 a70% a71% 100 69% Jan 69% Anglo Calif Natl • Bank 31 50 29% 29 35% 36% 20 Arkansas Natural Gas class A Armour & Co (111) com (Un) (Un) Atchison (Un)_100 Atlas Corp AMas Atok Avco Baldwin Locomotive Bendix Oil Co Home Co Bethlehem Corp (Un)__j 3 Holdings Distillers Borden Co Bunker Byron <fe (Un) Jackson awurnia Canadian Caterpillar Celanese Central 1 2.95 (Un) (Un) Service Jan Products 70 275 1% Co Fuel Jan 9% 3.00 4,424 06 (Un) Iron 200 15% Jan 15% 121 22% Feb 22% Jan 5% 14% 1,390 14 Jan 17 125 Feb 125 125 100 7 200 7 Feb 7 380 34% Feb 36% 151/2 33% Vultee 30% Jan R V. 35% Feb 63% 64% 873 63 Vb Jan 66% Jan a71% a74% 16 a * iDeli a 12% Jan 12% 20 Jan 21 415 30% Jan 31 212 40 Feb 43 Jan 30 3,273 27% Jan 30 Jan 13% al3 V* 20 43% Jan 14 V* '" 62 43 Va Jan 43 % 807 10% Jan 11% 57% a 7 VB Jan 57% a59V» 155 32 (Un) Curtis Publishing Co (Unt Cnrtiss-Wright Corp (Unt Abbey 1 Co Giorgio Fruit Corp class A Dominguefl Oil Chemical Co (Un) ♦ (Uni__ Nemourn de Kodak Oil Co ..10 Sc Kleiser 31 1,755 29% Jan 31 Jan 59 Vb 790 Jan Jan 58 % 62 V* a47% a45% a47% 348 47% Jan 47% Jan (Un; 10%, 11 1,435 10% Feb 12 19 Vb 112 18% Jan 19% 42 % % Jan • iT(f 325 6 6 V* 300 a 44% 26 2Va ; lb Jan IV* Jan Jan 6 V* Jan 6 __ Sou Feb Spiegel Inc Jan Standard Sperry Corp 2,447 71% Jan 12% 110 11% Jan 4 % preferred Goodrich <B Goodyear Northern Ry a V* (Un) • (Un) 50 14% 69% 69% 50 48 47 48 2 Vs 50 67 500 :i42 1 Jan Jan a 335 % 12% Jan 1% Oil Studebaker Jan 69% Jan 11 Vb 11% 645 Stores • Hawaiian Hobbs 16 15% IGVB 1.112 • Inc Pineapple Co (Un)— Oil. Corn 18% 181'2 19% 1,258 18% 21 22 420 21 52 52 53 672 49 Jan 2.15 2.15 300 2.15 Jan Foods 10% 10% 500 9% Jan Co 1 —. Inc .—6% Idaho Maryland Mines Corp Idaho Power Co Nickel of Canada IXL & 33Vae (Un) Tel com * (Un)__ Mining. Co Johns-Manville • P2 Corp 1.90 (Un) • 9% 2.00 Co 40 McKee Sunset Super Moid Co 9% . __ 12% 10 425 a2S% a2o% 110 Feb Jan Texas Company Co Tide Water Kennecott Kern. Leslie Salt Loew's Ma-cy 1 Corp Co • ; 10 32% G) & Inc Corp 1 i (Un) (R Inc Llbby__ Co 1 19 V* Jan Jan Union Jan United 2.15 Jan Hnited Air: Lines 10% Jan United Gas United Paramount Jan Union common— Oil For footnotes see Machine Common % Jan 10% Jan 28% Jan 29 Jan U Universal 1,058 13% Jan 300 35c Jan 35c page S8 Jan Jan 417 31% Jan 32% Feb 28% 610 28 Jan 28% Jan 28% 1,194 28 Jan 28% Feb 52 V* 53% 550 __ 25 • 4% 4-% 4% 9% lOVa 18 19 19% 18% 19% 17% 17 V* 9% Jail 24% Jan 101 585 Jan 3V„ 4% Jan Jan 10 V* Jan 21 Jan 518 18% Feb 19% Feb 17% 608 17 Jan 17V* Jan 9% 250 Jan 10 '/a Jan a50 57 % aGO Va 290 8V2 48% Jan 50 Va Jan 264 58% Jan 61 Jan 16 415 15 Jan 16% Jan 34% a35 '/a a27% a2o Va 190 a— 250 27 % Jan 29% 12% Jan 14% Feb 9Va Jail a49 Vb a 15% a a__ a27% 14 % 13Va 14% 5.820 9% 9 VH 9 Va 528 8% Jan 13 13 100 12% Jan 1' • 74 1 Jan Jan Feb a49% i Jan 16 25 9% • com Jan 104% Jan 9 V* • Ltd Jan Jan 16 18 a60% (Un). 104% 15 Va, s, 4,511 1 54% Jan Jan 473 18 > Feb 15 210 10 % 1 • Jan 34% 36% 28% 15% (Un) 21% Feb Jan 74 71 165 Jan 70 Jan Jan 13 Feb 74 24%- 25 Vb 265 24 VH Jan 25% Jan 31 % — ' 31%- 228 30% Jan 31% Jan a5% a5% a5% 5 5% Jan 5% Jan • 26'% 24% 26% 1,331 23% Jan 26 V* Feb 10 a39 124 39 Jan 1 a38 % a39% A (Un) 38% Jan 1 20% 21% 1,220 19 V* Jan 21V* 40% 41 Vb 886 39% Jun 42% Jan 33 33% 1,530 30% Jan 33 V4 Jan Jan • 33 10 28 28% 270 28 Jan 29 % 12% 12^8 275 11% Jan 12% 33% : .0 P10 - 34 885 29 Va Jan 34 9c 11,600 8c Jan Cement' (Un) 8c 50 42% 42 Va 490 42 36 • 42Va 42% 42% IB Feb 36 210 35 34% 50 Jan 40 % Feb a 9c 43 Feb Jan Jan Feb 43% Jan Jail 37 % Jan 34% 34'% 200 Jan 36 V* 22% 22% 23h 1.125 22 Vh Jan 24 Jan 16% 16% 167K 1.331 16% Jan 17 Jan 5 30 30% 2.589 29 Vh Jan 31 Jan • 34% 35 1,866 34 V* Jan 35 Jan 25 26% 26% 305 26% Feb 26% 25 29% 29% 4U9 29 Va Jan 29% Jan a 31% a31% 120 31% Jan 31% Jan 34 V* 34% 236 34 Va IB Co com (Un) 4.48% 4.56% pfd 25 (Un) a31% 25 12% • a27% 13 975 51 VH 52% 34% Feb 11% Jan 52% 930 50% Jan a27 a27% Jan Jan Feb 13 Feb 52% Jan 26% Jan 2 a9 V* a9 V* 30 9% Jan 9 V* Jan • (Un) 22 22 % 455 21 Va Jan 22 Va Jan 64% Jan 250 27% Jan Calif 46% Jan 47 % Jan 5,480 4V2 Jan • Steel 63% 6,164 61 Jan 42% 42 VB 275 42% Jan 43% 25 69% 68% 69% 786 66 Vb Jan 69% Jan 1 28 27 V* 28 840 26% Jan 28 Vs Jan 9% 9 % 114 9 Va Jan 9% Jan 22 % 22 % 197 22% Jan Va Jan 36% a 36% 90 62% 29 (Un) _j__ 10 — 22 % a GO"? B 60% 10 23 % 23% 24 % 1,659 17 % 16 17% 21,369 18 Vb 18 Vb a44 a44% 29 Oil com.. Western Air 5 (Un) Calif of of • a44% 25 26% 13% common 26% 26 V* 59% 43') 22 a— Jan 60% 23 Jan 24 Vb Jan 14 VH Jan 17 V* Feb 101 18 Jan 19% 345 43% Jan 26 2,159 Jan Jan Jan 45 Jan 600 13 Va Jan 13% Jan 26% 478 25% Jan 27% Jan 14% 14% 495 13% Jan 15% Jan J_ a3% R3% 50 3% Jan 3% Jan 10 al8% al7>% 18% 88 18% Jan 18% Jan .1 a2l V« a 21 % a22% 300 23 Jun 23% —1 a21 % a21 V* a221/e 75 a— 28 30% 19,337 20% Jan 30% Feb 10 42 Va 42% 105 41% Jaa 42'% Jan 1 (Un( Jan 13% 26% 19 Inc 27% 13 % 5 (Un) 7»'2 77n 850 7% Jan 7% 1 —. a . Theatres— interest . ... Corp a Jan common • 30% - Jan a__ Jan 80 S 9% Jan Victor 5 al7% G a 17% 545« 54% Feb Jan Wesiates 71 32 V* 16% Jan 17 435 51% Jan 54% Jan 45% Jan 47 Jan 80 1 Bros Weils Fargo 1,136 47 32 V* 6 Consolidated 32 % Jan 33 Va 13% Jan Western Jan Western Pictures 25 13 Va Jan 7% 170 7% Jan 25% 725 23''a Jin 8 26% Jan Petroleum Preferred West (Uni Indies Dept RR (Un) 15% 15% 1,125 14% Jan 16 Jan 278 278 278 96 275% Jan 278 Jan Jan 18 V8 Jan Western Jan 32 V* Jan Westlnghouse 2.334 11 Jan 16% Feb 300 23 Jan 26% Jan Union Telegraph Elee Corp Wool worth (F.W) (Un) Yellow Co Cab common., 1.15 9,796 5% 63b 4.333 a21% 20 8'2 8% 270 17 5b 17% 507 32% a32% 60 l.Otfc 5% 1 17Vb • a ^100 17% 32% 1.00 a21 *b 1 1 50c common Freferred 80 160 « 15% 1 ; Stores. Pacific 17% 26 (Un) ! common Air Lines Inc 32 Vb 16% Jan 9 100 common „< Sugar a 15% (Un) Bank & U T Jan 25 25% Oil Equipment Co a — 32% Jan 21 32 VB 35 28% • Carbon Corp al7 V* 16% 32 Va 28% —12% Certificates a Si Si Co a31.% 5 1,529 ; 6% Aircraft Corp * 1 — Marchant Calculating 10,612 36% .25 Sugar * H) 550 33-% 36 238 preferred— Corp of Del 7% 25;% 21% 32% 2 53 35c •h13 % al3% —___7 21 33 36 % 25 (Uni., 22 Carbide Western (R Aircraft Jan 15% Corp Jan 12% 46 — Jan 25 — Associated Jan 35c • — B V* 4% 10 TTnton 12 Vb 6 8.73 (Un) Company , & Co Magna vox 1 Light—; Land McNeill Lockheed Si Copper County LeTourneau Ltbbv Corp Power 9 Jan 25 Feb Warner Ksiser-Frazer Kansas Jan 103 104 Va (Un) 16 VH a4C% a47% ... __ Jan 8% 4% 15% Corp Si Jan 9 12 V* 33 %• (Un> 15 —„ — Jan 150 270 890 • (Uni Corn Transcontinental a 12-% Jan 9% —• of Jan 2.05 13 V* 4% 52 V* ilnd) 11% Jan 12% Feb Jan 9 V* 1 Jan 1.90 IIV2 103 V* Co 10% 950 a3G Vb a36 Vb 20 ; International. Tel -- ^1 (Un) Independent" Exploration Intl * • Honolulu^ Plantation Hunt Ltd—^ Battery Co class- A Hopn'ruhl 1,770 12 V* 1 Gas United Hale. Bros 11% 4% (Un) Co Transamerica 11% 11 Va 47 4. Edison Swift a 3 . Jan 2.55 Jan — (Un) preferred Oil 2 % Va 850 — Standard 48 Feb 28 2.50 1,546 common—. Standard 14% Jan 33% Jan 300 60 class Brands Inc Jan a_. 44% Jan 27 2.55 Jan a 2,914 a42 * a 70 a75% a75% 69% 1 pfd 37% a37 % 14% • (Unt— non-cum Greyhound Corp ] 4 —100 (Un) cummon Rubber Si a37% * - F) Co Tire Graham-Paige Motors Gf * 32 25 2.50 11% Jan Feb Jan 1.65 • Standard Oil Co of N J Gillette Safety Razor common Golden State Co Ltd common 11 % 32c Jan 279 a27% h27% 6 75%. Feb 14 V* Jan Jan 1.40 104 Co 44% 75 V* 33% Feb 11 427 33% n 22c 1,500 1.50 15 Va Co Pacific 49% 15 32c 1.50 15 (Un) Co Corp southern Jan ' 100 26c 104 .-, Southern Jan a— & California 41V* Feb 11% 32c 100 Portland Cumulative 49% 13 % 11 V* common cumulative 5 12% 75% 4.32% 44 100 Feb (Un) Realty Convertible preferred 1,393 13% Jan 19% common Inc Mining Calif a26 73 Va 44% Jn Si Gas Co A 44 7 8 a Jan 18% 100 Foods Inc Oil a49% 13 'a • common Jan % . 40 483 _• Co b 44% a49 1 Corp.— r«f 1,100 1/8 6% (Uni Corp if 1 250 19 V2 common Cruz Southern Jan 1 Vs 40 Va 18% Corp Roebuck Oil Sinclair Jan 40% Feb 40 % 19'% • Socony-Vacuum Oil (Un) Soundview Pulp Co Jan 19% 39% 391'2 85 common Stores Signal Oil s 10% 1,456 Jan 25 Maurico Santa Feb 40% 5 76 10 — Incorp Bros Sears Jan 6% 15 • Cement Shell Jan Jan 25 Corp 58% 85 • & Oil San Feb * Jan 85 i common Orpheum S & W Fine Jan 12 72 Jan 2% com Paint •4 Jan Feb 6% (Un» General Jan 11% 71 61 % com Corn Motors 3 % 6% 1 Electric Co Metals 405 1 Foods General 20 4 717 Preferred- General 12 72 58% 6Va 18 Steel Roos Jan 823 Corp General 12 % 30% 31 com America Equip Safeway Jan 6% * General Jan 12 100 Com Riverside Jan a62 a63% Co Eureka Corp Ltd F A R Liquidating 11% Jan (Un) common qom (Un) World Airways Richfield ' 107 16 Jan aG2% • Co 8 8% 55c (Un)__10 common &' Share Jan Jan Jan 10 25 Corp (Un) Reynolds Tobacco class B (Un) Rheem Manufacturing Co Jan .3 Works.—- Capwell 12 7% 7% 55c 32 71 15 common- du 150 16 26 Republic Petroleum Co Jan 3% 4 Dumbarton Bridge I) 12 __ Co—_ Fields 755 2,800 14 Jan Feb 16 25 A Preferred Feb 55c Inc. Rayonier Jan 18% 8% 12 * Mfg 104 % Feb 7 V* 12 .—5 preferred Jan 18 % 55c 5 com —. 102 V* 8% 8% ——_2 Class B common 27% 70 170 Jan Jan 20 V* 5 * Tel Republic 12% Jan 11% Jan Jan 2,320 18!/2 7% . 59 32 31 18 Va 0 Jan 300 103% 103'% — — Jan 13% 13% 0 6% 57 1314 Jan VB 26 series Pictures Corp Preferred Feb 25 11 VB 18 29 Companies Radio Keith Jan 11% a6% Jan Jan 10% • of * 11 Jan 655 Motor Co Railway Jan 1.30 461 (Un) (Un) Jan 11 Va Feb 285 5* Cement Radio Jan 40 Jan Jan 11 % common preferred Pure Oil Co aG% a & Jan 30% 7 Va 1.25 • common Service American Pullman Jan 201/* B Puget Sound Pulp & Timber Jan 130 a46V*a4G% •«*V- common of-Amer Jan '___ 12'A 11% • Corp Co 17 a— 29% 30 3 Steel Jan a 40 1 —5 16% 90 320 40 1 (Un)_- Jan 24% 15 20 Pennsylvania RR Co (Un) Pepsi Cola Co (Un) Phelps Dodge Corp (Un) Fhillips Petroleum Co Feb 30% ' 1.33 Vs (Un)—_15 (Un) 77% 34% ul8 al8Vs al8V« (Un)__* Aircraft Jan Jan 25 a30% a31% 25 class A alG 69% 33 Jan 200 13 Jan 22 12% _ class preferred ' Paramount Jan 9 V* 11% preferred Paraffir.e Jan 18V* Jan 333 1 preferred Public Pan Feb Vs 668 34% 12 % 7% 272 33 16 29 18V* Jan 8'/* 7% ,_8 Lighting Corp Tel Jan 16% ail 1 preferred., 1st Portland 1st 17 Vb 10 7% 10 Jan Jan 1st red Pacific 180 1,220 Va 1,250 • Electric Pacific Jan a9 a 23 Vb ,20 Fisheries redeemable $4.50 Jan 1.80 Jan Preferred Foster 35% 33% Jan Jan 1.40 31 Cmwn Electric Bond Jan 2,300 322 a Jan 19% common Pacific Feb • 35% 1 Emporium 32% 363 15% 32% Jan 1,191 1.80 Jan 32% Creameries of America Inc— Dorado 14% 510 a30% Jan 9% 13 Corp Filters 5v Pacific 17% 17% Vb 1.25 (Un) (Un)_—; Co & 17% all 100 1st preferred 5%7c Feb 1,181 %■ Jan Jan 25c 20% (Un) Co 5 '7o Feb 8% • Corp Motors Eastman 639 Gas 6'7c Jan 30% * Feb 25 2.00 Jan 1.25 Aggregates 5 Finance Co*p common (Un)„10 Pacific Pae Jan 34% a33 7/h a34% a73 56% Jan Feb Jan 9 7% 10% Coast Jan 8% Jan 24 1.60 21c 100 com common Co Can Jan 30 (Un) Consolidated Natural Gas Co CCI&solidated Zellerbach Sugar American Feb 4 7% common-. Grocers Oil Co Edison Oil United Jan 1,450 1.70 55% 865 22% 1 : Pacific Jan 59% 51/4 32% 10 Indus Continental El 49 % Feb 100 Edison Chem (E Jan 15% 25 Consolidated Edison Co of N Y Pont 26% 49 % 58 221/a 15 % Viji 492 25 7% 10 Cons Co Pacific Jan 7 a34 56% 23% (Un) Petroleum Oil Oliver Jan 22% ...3% Solvents Consolidated Dow 3.25 Jan 145 58 Jan 24% 691 a49% a50% Oil Jan 34% <Un)„—* com Sys class A—2'% System com (Un) • Commonwealth S3 2.80 -34 5 • 140 a9 • (Un) (Un) Sugar Co Ltd Ohio Feb 15 % 9,450 100 American Occidental Jan Jan 125 100 24c 9% 17 a — 1 preferred Oceanic Jan 2% 7% 14% 1.60 17% • (Un) American Investment Olaa 37% 30% ] (Un) & RR Northern Pacific Ry a— 1,794 10 Eroadcast Doernbecher Jan 15% 25 Co Gas Di 35% a—. 4,325 14% ft— — 1 Co Ohio Feb 258 (Un) Corp Aviation North a 34 22Va Jan R 24% 1 Amercan Packard Ry RR Columbia Cypress a 1% * (Uni common Columbia Crucible 33 9% • _ Chemical Continental Jan 11, alO " ^ (Un) common (Un) •Consolidated 12 % Jan 25 St Commercial Jan 10%. 58 * Chrysler Corp Colorado 11% 2.90 a50% * of America Mining Co Ohio Clorox 60 40 11 7% 2% 1 Co Paul Cities Jan 5 Jan 153/* 56% 8 Mining Co Pacific ' 11 Jan Va 22c 25 1 American 5 % ',o Jan 7 1 Chic Preferred 27c Jan a25% a26% ! Chesapeake & Milw Jan 5% 23c 32% _____ (Un) Tractor Corp Jan 37 % 9% • Co Eureka 7 1% (Un) Ry Jan 5% alO alO 13 Pacific Central Y Feb 37% 5 2 Packing Corn 25 9,453 p High Feb 14 9% • Fibres North Jan Feb 4,268 a55% a55% 33V3C California Art Tile class B California Pacific Trading pfd • 104 24 7 to % PI Sullivan Calamba Sugar Calaveras Cement Jan 24c all% al2'/4 p 1.60 22c 10 North Jan 104 220 (Un) North 9% 23c 5 (Un) Corp Hill N Feb Park Oahu (Un> Borg-Warner 36 Vb 6% 5 Vb al2% no Low 10% • New a— Jan 6% % (Un) Corp Jan 7% 217 25 24 10o (Un) Boeing Airplane Co 34 a 91 106% a 107% 24c 6 13 Bishop Oil Co Blair 1,492 00 I Steel 36% 700 6 :/s (Un) Mining Jan al2 a a4C% a40% 1 Natomas Co Jan 30% 9% P10 Appliances Benguet Cons 32 Jan 12 25 (Un) Aviation Bendix Jan 29 9% 2Va Baltimore & Ohio RR (Un) Larnsdall 28 290 a 5 Mfg Corp common 450 Va * (Un) Imp Diesel Engine Big Wedge Mining 32 5 Topeka <fc Santa Fe 2,130 (Un)—10 City Lines' National Jan Auto National Jan 56 Co Corp National Jan 149 (Un) 15'% 15% P10 Portland Cement pfd Nash-Kelvinator Feb 5G 148% (Un) 276 15 Range Since January 1 High 10% Feb 14% 141/4 Low 18 Menasco 3% National Linen Service Auaconda Copper Mining (Un) 23% 25 Shares 10% • (Un) 100 Jan for Week 1 320 10o 14 common 1,317 (Un)__• (Un) (Glenn) 37/B 3% 16 Co 10% Vs 18% 3% * * Low 231/4 3% 10 10% 1 Range Since January 1 Sales Range of Prices Par . Shares Wrrk's Last " Martin High 231/4 1 (Un) Ltd Low * Alleghany Corp (Un)_„ Friday Sale Price STOCKS Sales Last Friday 3 Exchange Sale Price STOCKS (585) a71-% a71r,H 90c 5% ft — 8 Jan Jan — J an Jan Jan 5 a a22 a22 a22 25 a 32% 327« 33 744 31 Vb 10 a50% a50 a50V»» 402 48% 100 Jan 18 31% * u 9% Jan Jan 12% 5 Jan 17 (Uni 1 Feb 6% 30 Va (Un) — 1.15 ft— a__ a— 0 Jan 33 Jan Jan 49% Jan Jan 5 Jan 33 34 (586) & COMMERCIAL THE FINANCIAL Monday, February 6, 1950 MARKETS LISTED CANADIAN CHRONICLE RANGE FOR WEEK ENDED FEBRUARY 3 Friday Week's Sales Last Range for Week Sale Price of Prices Shares Par Algoma 22% 23 8,710 22% Jan 23 Feb 24% 24% 24% 320 14% 14% Jan 25 Jan 150 8% Jan 9 Jan Ontario 2,010' 2,435 13% Jan 15 Jan Ottawa Light 54% Feb 57% 26 Jan 26% Jan Page-Hersey Tubes Jan Penmans Ltd Jan Placer Jan Powell 54% 55% 26% 8% pfd 75 8% 25 8% Jan a45% a45% 40 46% Jan 7% 1,000 8% 50 7 % 7% • 7 9 46 % Jan 8 75 75 143 75 Jan 76 Jan 25*% 26 1,056 24% Jan 26% Jan 14% Feb 14% 14% 14% 75 14% Jan • 25 25 25% 529 25 Jan 25 40% 40 40% 5,001 40 Jan class A____10 (J H) 75 26 100 9.70 9.70 150 19% 20% • 20% 6,771 14% 26% 14% 25% * • Product* Steel 26% 9.40 19 117 Jan Jan 14% Jan 26 I ' 41 Jan 9.75 Jan 20% Feb 15 25% Jan 27% Jan 175 261/4 Jan 27%> Jan 1st 2% Jan 3% Jan 2nd 28% 27% 28 % 830 27% Jan 28 % Jan a2% a2% 85 2% Jan 3% Jan * 18 18 18 275 * 7% 7 7'A 1,425 6% Jan 7% • 33% % 33% 480 30% Jan 33% Feb 9 9 150 Jan 9.50 Jan 31 5 Jan 24 66% Jan 68% Jan 21 20 % 21 % 593 20% Jan 22 Jan 40 38%: 21 Jan 9.00 172 1,085 19% 47% Jan . Jan 21 Feb 172 35 Feb 172 40 310 38% Jan 45 Jan 26% 26% 80 26 % Jan 26% Jan 172 Feb .45 47 % 300 45 Feb 47% Jan • 3 ... 57 57 35 56 Jan 57 Jan 15 15 300 14% Jan 15 Jan • 44% 43% 44% 1,775 42 % Jan 44% Feb • 17 16.% 17 1/254 15% Jan 17% Jan • j common 66 63% 66 4,321 63 'A Jan 70% Jan 100 100 36 99 Jan 100 Jan 13 12% 13 800 12% Jan 13 Jun 16% 16% 276 16 Jan 17% Jan • — Jan 18 ^ common...:..' St Lawrence 1,735 17 Knitting Jan 1,350 Building Products Gold Dredging 22 • preferred Royalite Oil Ltd 2% Bulolo 300 2,941 100 $1.60 26'A B 24 68 % 1 Co Ltd & a 22% 26 % Power Regent 2% Bruck Mills Ltd class A a__ • common preferred Quebec 26% * 240 20 % _• Corp of Canada: Bros 4% 2% B Jan u9 Jail A—• Corp cl Jan 42 _• Heat & Power Development River Co Power Price • 25 - Power' 7'/ Provincial Transport — 37 Feb 66% • 100 common Jan 41 Jan • British Columbia Forest Products Columbia 24% 9 26% 55'A Flour Mills preferred 34 140 21 * Ogilvie High 2,013 41% 68% * Ltd Mines Low 34% u-9 a9 Drug & Chemical common—5 National Steei Car Corp * Noranda Range Since January 1 High 34 41 National 14% 9 * British American Oil common Class 22% pfd——25 Bralorne Mines Limited Brazilian Trac Light ft Power Brtiish American Bank Note Co Class Jan I__~~* Bathurst Power Si Paper class A Bell Telephone > 23% ♦ Amalgamated Electric Corp Anglo Canadian Tel Co 4%% Argus Corp Ltd common British Jan • Aluminium Ltd Aluminum Co of Canada 4% Preferred 21 % 34% 25 Niagara Wire Weaving 10,756 • Al — Steel 4%% preferred Asbestos Corp Ashdown Hardware High Low High 22% 20 Acadia-Atlantic Sugar class Agnew-Surpass Shoe L010 Range Since January 1 21% - Shares Low —• common preferred 7% 22% common- for Week Par Breweries National Friday Abltibt Power & Paper $1.50 preferred Sales Range of Prices STOCKS Canadian Funds STOCKS Week's Last Sale Price Montreal Stock Exchange Flour Mills 25 25 25 Feb 25 22 22 50 22 Jan 23 Jan 9.15 • x 9.15 9.30 6,540 9.05 Jan 9.80 Jan Feb 13% 12% 13% 365 12 % Jan 15 Jan 49 29 27% 29 715 27 Jan 31 Jan 1 14% 14% 14% 140 14 Jan 16 Jan * a21 a21 a21 90 20 Jan 21 Jan 99 90 88 90 260 84% Jan 90 Feb l 50% 50% 50% 120 50% Jan 50% Jan • 24% 24 • Corp common preferred preferred St Lawrence 25 22 25 ... — common St Lawrence Paper 1st preferred 2nd preferred Jan Water ft Power preferred Shawlnlgan 24% 24% 1,564 Jan 25% 50 47% 43 170 47% Jan 48 % Jan • 22 22 65 22 Jan 22% Jan 148 148 45 148 Feb com Series A 4% Jan ' Sherwin' Williams Canada Cement • Canada Forgings class B__ Canada Steamship 38% Jan 1,620 Jan 29% Jan 40 40 100 40 Jan 40 Jan 1,540 16% 16% 16% 14 Jan 37% 37 % 37% 300 34 Jan 38 22% 23 2,809 22% Jan 23% Jan 23 % 200 23% Jan 24% Jan 20% 201/4 50 20 Jan 20% Jan 20 23.10 23.10 23.10 1,813 Jan 23.10 Jan • 11% 23% Jan 11 11% 1,013 11 Feb 12% Jan 14% 310 14 Jan 15 Jan 30 28% 30 2,109 28% Jan 30% Jan 37% • common 22.90 16% 14% 37% 37% 95 37% 20 $1.75 preferred 25 Converters Jan 39 Jan pfd—__20 class A 9 9 60 9 Jan 9 Jan 9 9 30 9 Feb 9 Feb 45 Jan 46 Jan Class B Cottons common % 46 32% * ; Canadian Foreign Investment Canadian Ind Alcohol class A Canadian Locomotive Breweries 32 % 25 45 • 32'A com preferred Sicks Canada Voting Simon Sons & 1 5% - ,, Class Steel Co 7 '/o 25 200 32% Feb 36% Jan • 9 8% 9 435 8% Jan • 25% 25% 26% 885 25 % Jan 29 Jan 16 16 161/4 235 16 Jan 17% 17% 17% 17% 16% Jan 17% Jan 20 11 11 14 9,460 1,710 11 Jan 14 Jan • 16 15% 16 590 15% Jan 16% Jan (B J.) Co Ltd———.—* Consolidated Mining & Smelting 5 14 14 I414 235 14 Feb 14% Jan Jan Jan 30 Jan 26% 75 26 Jan 26% 21 180 20% Jan 21 % 9 9% 1,690 8% Jan 9% 102 211 103 Jan Jan Jan 105 104 Jan 106% 14% 250 14% Jan 14% Jan 7 640 6% Jan 7% Jan Jan 14 15 685 14 Feb 15 Jan 37 37% 2,143 36% Jan 38 % Jan 24% 150 24'% Feb 25 18 * Electric common 101 24'% 18 18% 190 18 Feb 19 34 33% 34% 1,606 33% Jan * — 691 103 37% • : 103 Jan Jan 6% 7 • ; Worts common. Ltd — Winnipeg 100 28% 100 : • Jan Jan Jan 37% Jan 25 Wabasso Cotton Wilsils Jan 20 14% • • ft 5 30 104 Ltd Corp Geo) alOO 30 102 Steel 1 Feb 9% Stores Gooderham Jan 21% 21 • common preferred Weston 21% Jan 26% • eomwinn United Walker Jan 19% * j: Canada 20 650 30 * of Co 770 21 % •> ... • Btanaard Chemical 21% alOO ' , Jan 152 20 preferred—100 •.... B Press 20' • Simpsons class A Southam 21 % • common certificates trust 1H1 148 —100 Thrift * Canadian 7% Jan 23 * common Canadian Car Si Foundry common Class A Canadian Jan 29 • preferred-.. Canadian Celanese 34 • common cumulative 2,258 29% • Canadian Canners Ltd 5'Jo 361h 29 50 common Bronze 34 29% * 5% preferred Canadian Breweries Canadian 36% 20 common $1.30 preferred of Canadian Oil Companies Canadian Pacific Railway Cardy Corp class A Cockshutt Plow Coghlin Consumers Glass Crown Cork & Seal Davis Leather Co Co Coal Ltd class A Donohue & Jan 103 24% Jan Jan Jan 31% Jan 33 25 22% Jan 23% 23 5% preferred Zellers 20% 21 1.840 20% Feb 21% 42 43J/2 1,075 40% Jan 21 510 20 Jan 21 a7% 27% a7% * Coal 27% ■ 7 a — a— Feb 28 45 Jan 48 Jan 22% Jan 34% 420 21% 8,766 34% 34% 34% 160 33 • 27% 27% 27% 400 26% Jan 27% Nova Scotia 27% 400 26 Feb 27% 21 % 22 345 21 % Feb 22% 11% 11% 3,039 11% Jan 12 * Royal al5 al5 15 Jan 15 15 Jan 15% 15% 150 15% Jan 16 Jan 14% 14% 80 13% Jan 15% Jan 15 % 15% 15% 431 15 Jan 16 Jan • 29 29 29 335 29 Jan 30 % Jan Fraser • 25% 25 25% 1,515 24% Jan 26% Jan 5% 100 preferred. 5Va% all0% Ltd 465 al07 15 alio %alio% 20% 26 315 24% Jan 26 27% 27% 2,397 27 Jan 28 Jan 40 40 240 39 Jan 40% Jan 27% 27% 1,018 27% Jan 28 Jan 397 39% 100 39% Jan 40 Jan 10 27% .10 — preferred 2% 2% 100 17%. 18 376 100 , Hamilton Bridge Auto British Brown 106% Jan Jan & 14% 8% _7 • Company 105% 105% Howard .Smith Paper 52% 10 50 Jan 17 %. 104 52% 16% 5 3% 1 100 common 96 Canada & Dominion Sugar * 22% 105% Jan Canada Malting * 50 52% Jan Canada Starch Jan Mining & Ltd Co Ltd Co __ 4 50 7 350 6 a % 4 High Jan 6% Jan Jan 16 8% Jan 4 Jan 7% Jan Jan 165 10 165 Jan 8% 150 8 Jan 8% 16 16% 275 16 Jan 16% 2 1,500 Jan 2.00 25c 40c 16% Jan Jan 45c Jan Jan 17% Jan 133 1 Jan 16 1.335 135 85 Jan: 25c 39,900 16% 1 165 Jan Jan 138 3% 4 5,080 3% Jan 4% Jan 94% 97 2,177 92% Jan 99% Jan 10 10 50 10 Jan 10% Jan 22% 22% 1,171 22 Jan 22% Jan 50 19 18% 19 945 18% Jan 19% Jan Canada 12% 12% 12% 325 12 Jan 13 % Jan & Dock Co Ltd. Canadian Food Products Ltd Vinegars 36% 34% 36J/4 770 34% Jan 38 Jan 49 48% 49 165 48% Jan 50 Jan • 47% 47% 4S 1,235 45% Jan 48 Feb 22% 4.109 21% Jan 23% Jan Canadian 14% 14% 14% 1,075 14% Jan 14% Jan 25% 25% 26 690 25% Jan 26% Jan 49 Jan 51% 5 10 Jan 10% Jan 12% 12% 14 12% Jan 12% Jan 24% 100 24 % Jan 26% 12 Jan 455 17 % Jan 17% Jan 1,065 22% Jan 24 5 50 11% 11% 50 17 % 17% 22% 23 5 * Jan 5 Feb 5 * : Jan Jan 11 % * Canadian Gen Investments Ltd— 21% Class A Jan 10 24 % * _* Ltd Dredge Canadian 12 % 50 alO% alO% 5 common.—, • Smelting Jan r<6 40c Jan Jan 7% Jan Jan Feb 1,825 1.90 16 1 2% 18% 14% 0% 7%' 8 • • Preferred 50 common preferred Bay 52% % 600 165 100 * 20 of Vancouver Low H igh 15 % £14 Pulp & Paper pfd. 100 Columbia Range Since January 1 Low. 14 % ♦ class B Co Paper Distillers & Brewers Jan 110% Products class B___: Pr Belding-Corticelli T/o preferred-___ Belgium Glove & Hosiery common 5% preferred Bickle-Seagraves Ltd Brand & Millen Ltd class A Jan Jan Shares 5 Ltd— Co Ltd Fabrics 19 Jan for Week • Develop Steels 98% 106 Sales Range Par : Jan 110 Week's »f Prices - Jan 2 » Last Friday _• ... « Sale Priee 17% , • common Jan Canadian Funds STOCKS 98 23 * Goodyear Tire & Rub 4% pfd 1927—50 Gypsum Lime & Aiabastlne • Hudson Jan 25% Butterfly Hosiery Co Ltd Bakeries General Steel Wares $2 65 18 al05 al07 .100 — 98 % 17% 18 100 preferred General 5% 98% • — Jan 20 % Montreal Curb Market Atlas * common 20 Feb 25% —10 -— Anglo-Nfld 1 preferred 1,640 56 % 20 % _ Toronto Jan Famous Players Canadian Corp Foundation Co of Canada. Power .... ... — Jan 20 common. 20 % Jan 100 27% Jan 11% ; 4%% 1 Feb 27% 21% % _ Jan 46% 20% • Corp Gatineau — ... Jan 46 21% 23 % Ltd Jan Jan 19% 46%- * common Jan 52 10 - Montreal Jan • common. 99% 260 — 27 • Eddy Paper Co class A preferred.. Co 10 Commerce Jan 25 25 class B 80 56% .10 Canadienne 44% Jan 20% * 99 % 53 Banks— Bathurst Electrolux • common Jan 21 — 99% 56% 100 — Limited Jan (0 21 preferred Bros 23 22 % Jan 43% common Textile 435 '32% 99% • Voting trust certificates Redeemable 1,945 24 * Dominion Stores Ltd Dominion Tar & Chemical Dominion 32% * Dominion Foundries & Steel. Dominion Glass common Dominion Steel 24 Jan preferred—-^—28 6% Dominion Dairies 99% 100 J/2 24 * Distillers Seagrams Dominion Bridge Dominion 100% • 9% % * Imperial Oil Ltd • Imperial Tobacco of Canada common_5 4% 6 7o preferred 25 preferred Indust 4 J/4% 5% _£i 5% convertible preferred $4.00 7% Jan Canadian Inter 29% Jan 31% Jan Canadian Marconi 10 85 % Jan 87 Jan 100 100 50 99% Jan 1,300 29 % Paper 31 Jan 31 26 4 26 Jan 26 Jan Canadian 17 25 17 Jan 17% Jan Canadian 32 31% 32 1,730 146 146 146 75 38% 39 % 39% 112% 112% ____* Power International Utilities Ltd Serv 32% Jan Canadian Western Jan 146% Jan Canadian Westinghouse 40% 112% Jan Jan 10% Jan Catelli 46 Jan 48 Jan Celtic 20 % Jan 22% Jan Chatco Steel Products Ltd common 11% Jan 11% (John) Lake of Lang & Sons the Ltd 21% 21% 1,526 11 % 11% 85 al02 al02 5 19% 20 120 Woods 26 26 26 Ltd 19 22 22 11% 10% 11% 9% 9% _* — * common (John A) Legare 6% preferred Lewis Bros Export ___* Ltd MacMillan Class A * B Mailman 5% 25 ... class * Corp Ltd * common preferred Massey-Harris Cassidy's Limited I'ir 1 * McColl-Frontenac Oil _* _* (Robert) Molson Breweries Ltd Class 4 B * —."V Locomotive —• Montreal Telegraph Montreal Tramways Morgan (H) Murphy Paint & Co 4%% —— Knitting see page SS 8 2% Jan 3 % Jan 12% Jan 12% Jan 23% Jan 24 Jan 88 Jan 94 Jan 3% 3 3% 1,825 a2.00 al.50 a2.00 al2 % al2% 13 50 . Jan 125 £i 23% 23% 75 89% 89% 90 160 3% 3% 3% 10,795 58 58 38 57 Jan 58 Jan 12 12 185 12 Jan 12% Jar. Jan 115 Feb Jan 39 Jan 3% Jan 3% Feb 115 695 113 a39% a39% 30 39 8% 25 8% Jan 8% Jan 13 13% 400 10% Jan 14% Jan 325 7 115 a39% 13% * 8 8 General Advert cl A—10c Jan 20 Jan 396 25 Jan 28% Jan 19 175 19 Jan 19% Jan Commercial 22 15 22 Feb 22 Feb Consolidated Paper Corp Ltd 350 10% Jan 11% Jan Consolidated 10 375 9% Jan 10 Jan 8 Jan 8 Jan Jan 117 17 50 17 Jan 17 94 25 94 Jan 95 Jan 23% 24% 6,411 21% Jan 25% Jan % 15 1,302 21%. 22 360 7% Jan Jan 14% Jan 16% Jan 21 Jan 22 Jan 51% 35 49% Jan 26% 27 1,355 26% Feb 27 26% 27 425 26% Feb 21 20% 21% 535 20% Jan a2% a2% 35c 35c 835 Preferred a37 a37 54 27 27 Jan 2% 50 Class B 5 5% David Neon —100 Textile Frere 3 Jan Jan 80c Jan 39 Jan 40 Jan Ltd common—* —:—• a2% a2% a2% 125 2% Jan 2% Jan 18% 17% 18% 4,426 17% Jan 19% Jan • 12% 12%. 13 3,025 11 Jan 13 Feb 18% 18% 18% 145 18% Jan 18% Jan 30 32 60 30 Jan 32 Jan 14 12% 14 300 12% Jan 14 55 55 235 50 Jan 55 Jan 40% 39 40 % 700 39 Jan 40% Jan 10 10% 120 9% Jan 10% Jan 17 16% 17 1,117 16% Jan 18 Jan 38 Jan 40 Jan Mills com preferred & Jan 30c —.—20 Alcohols 50 Limited class A —* Class B Engineering Works Ltd • Dominion Oilcloth & Linoleum Co Ltd.* Dominion Woollens & Worsteds * Donnacona Paper Co Lra_ * East Kootenay Power 7% pfd 100 Dominion ... • 10 40 40 40 5 1.75 1.75 1.75 1,225 . _• 1.30 1.25 1.30 3,600 ' 29 24% 29% 9,174 "a8 7 a87 5 • 14 >4 14% * 42 42 Feb Feb Feb Fairchild Aircraft Fleet Ltd Manufacturing 22 Jan Ford Motor Co ©f — Ltd. Canada class A—* 4%% pfd——100 50% 50% 50% 153 50% Jan 50% 46 41 46 1,575 37% Jan 46 Feb Freiman Ltd 103 103 45 103 Jan 103 Jan Great Lakes Paper Co Ltd com 23 710 22 Jan 23 Jan 22% Jan —* 40 __* 5% —1 ____100 * Chateau-Gai Wines Ltd ___' Jan preferred—100 325 178 a— 8 % 19% 51% 27 7% Ltd— Co Jan 7% 14 — common .100 Co For footnotes 15 • A Montreal 24% Products Food 102 94 • — common preferred Jan 102 17 7%' . — 100 Mitchell Class* '• 7% —— Jan 125 Jan Claude Lf.batt Lumber Co Co Ltd Jan Jan 47% 20 % 45 • * 2 * Products class A Vickers Ltd Silk Jan 46 * 5 a70 Jan 8% 47% —100 Jan 176 a69 * _ 37% * common com 112% 9% 5 Corp Ltd Ltd 18 9% * — Jan 176 a69 Company 995 9% * Public 31% 146 Tr Inv 5,537 • ... preferred preferred 17 7'/2 common International 5% Feb 176 • • 1 & Paper Inv Ltd com..* Canadian Pwr 26 J" preferred Co Jan 30% 31 100 Petroleum 7'7c Jan 1,065 86 25 pfd . International Jamaica 7% 31% 85 100 . preferred International 50 30% —25 Coal International Nickel of Canada T/'o a7% 31 86 100% 176 100 Ltd Co Rand Ingersol a 100 23 • common preferred 7% Canadian • preferred International Bronze 6% 7 Va Industries 100 Acceptance Corp common preferred Intercolonial 22% Class A (A J) preferred 1.40 Jan 1.75 Jan Jan 1.25 Feb 1.75 24% Jan 29% Feb 91% Jan 91% Jan 250 141/4 Jan 15% Jan 225 42 Jan 42 Jan Volume 171 Number 4879 THE COMMERCIAL & FINANCIAL CHRONICLE (537) CANADIAN LISTED RANGE FOR WEEK ENDED Friday STOCKS Week's Range Halifax Insurance Co Groceterias Class Maritime Teleg & Massey-Harris Co Oil Ltd common conv 4% _ Newfoundland Light & Nova Scotia Light & 6% N & M C partic (Can) 25 35% Jan 37% 197 18 Va Jan 18% Jan Co I.td 27% 27% 550 27% Jan 6% 7 30J 6% Jan 99 99 65 97 11 100 11 2,000 18% 18% 18% 75% 76% 9% 9% 18% 13% 20% 209 11 6% 6% 6% 110% -50 54% 6'> pfd_^- -100 all4 26 (Can) City Rapid Transit Ltd 109% 110%' Canada 175 Co Ascot Barnat .. Eob's Lake Mines : Centremaque 12 Jan 12 Jan 113 Jan 115 Mines Gold 605 43c 4,073 9% 9% 16% Gold Ltd Ltd 1. Lake Ltd Rowan Jan 19% Jan 51 27c & U945) Cons Exnlor Ltd— Mines Ltd Ltd Gold Co Jan 8,500 9c Jan 14c Jan 9c 10%c 7'/2c 8c 69.500 7%c Jan 11c Jan 3c 3,100 2%c Jan 3V2c Jan __ Gold Gold _ Development Jan 18c 21c 5,620 18 Va 20 Co_ (1944) Asbestos Jan 9c Jan 13,500 __ 37c Feb 33c Feb 5.30 41c 4,500 7y2c Jan 10c Jan 3,000 4'/be Jan 5%c Jan 4,500 36y2c Feb 38c Feb ioy2 105 10 y8 Jan 11 Jan 13c Jan 10% 10 Vb a9c a9c 134 12c Jan 2c 2 %c 52,500 2c Jan 2c 23c 27 %c 96,098 2y8c 21c Jan 72c 1,200 70c Feb 18% 82c Jan 18% 400 18% Jan 4.55 Jan 4.65 19% 400 4.50 Jan 6c 5.25 Jan 6c 1,365 13 13% 286 12 %c 14 %C 15,600 70c 13 -- 53c 53c a64 55c 7,600 a65 35 12% 13% 3,000 a65c a65c 100 1.17 13% 1.17 500 40c 42 %c 13,000 62c 2.71 65c 2.65 2.75 1.90 1.95 2,000 6c 27 %c Jan 13 6c 14 Jan Feb 18c Jan Jan 83c 62% Jan 66% Jan 12 Jan 13% Feb 65c Jan 1.17 32 Feb 70c 18c 7%c Jan 62c 45c 65c 2.63 Jan 2.80 Jan 1.85 Jan 2.00 Jan 2,000 1.35 Feb 3.50 1.35 Feb 1,400 3.05 Jan 3.50 5c Feb 500 17 Vac 18c 2,300 17 %c 5'/2C 4,050 9c 11c 15,000 9%c 9%c 10c 7,500 2.15 2.06 2.22 7,300 C5c 57c 65c 3,000 1 1 * a68'/2ca63%c a55c 1 2.40 1 — 7c 9 %c 1.92 57c Jan 20 %c Jan Jan 1.07 19 5%c Jan 9c 1.17 Jan 23 Feb Jan 14c Jan Feb 14c Jan Jan 2.35 Jan 65c Feb 200 (5.9c Jan 76c 55c Jan 62c Jan a56c 6c 2.58 2,800 2.48 Jan 2.39 2.41 2.85 Jan 6,600 2.39 Jan 2.69 Jan 6c Jan 7%c Oils 1.55 500 1.55 Jan 1.28 1.30 1.55 Jan 3,400 1.20 Jan 9c 9c 1.36 Jan 2.000 9c Jan 14 %c 58c Jan 71c 62c 60c G4c 33,300 1 3.10 2.99 3.10 700 -1 2C 2c 2c 500 1 2%c 2%c 2%c 500 2.18 2.18 250 • _ Ltd . - 0 2.99 Feb 3.00 Oil Co Ltd— • Ltd Ltd m on ■ Co Oils 2c Feb 2c 2c Jan 4'Ac Jan Feb 2.29 Jan 2.18 Pan South Oils 3V2C __ .— 1 • _ Petroleums Western 90c _ _ ♦ _ Ltd 1.48 11% , 5c 1 Ltd 7.65 7.70 400 49c 51%c 1,500 Brazeau Petroleums Ltd 4.15 23c 7.65 49c Feb 4.70 Jan Jan 25 %c Feb Jan Feb 8.25 58c Jan Jan 4%C 1,250 3%c Feb 5c Jan 1.31 1.49 4.200 1.22 Jan 1.13 1.74 1.000 1.10 Jan 11% 12 1.13 Jan 5,513 11% Jan 2.13 2.13 13% Jan 400 Jan 2.21 Jan 5c 5%C 4.60 23 %c: 23 %c * - 13c page 33 400 3,000 1.35 2.00 5c 4.25 18c Jan Feb Jan Jan 1.39 Jan 7%c Jan 4.85 Jan 13c 23 %c Jan 5,000 10c Jan 45c 45 % C 13c Jan 2,500 45c Jan 49 %c Jan 13c * — 12,000 2,3.0 23c Jan 25c Jan 1,745 13% Jan 14% Jail 1,150 Feb 57 Jan 26 50 54 % 26 Jan 26% Jail 26 60c 55c 8c Jan 8c 65c Jan 8%c 8,500 8c Jan 66c 60c 10c Jan 67c 31.9C0 44c Jan 67c 4.30 11,800 18c 22c 6.500 18c 3%c 4c 7,600 3Vac Jan 12c 13c 1,500* 12c Jan 15c Jan 18c Jan 22c Jan 4c 19 %c 19'/2c . •• 7% _ 1 __ 27 %c 1 class < (1937) 1 1 1 1 r 20c. Jan 28c 55.800 22c Jan 29c Jan ; Power : 4>/2c 12c 8c 8c Cordage A Jan 9'/2c Jail 27'A Jan 28'A Jan 2,285 39% Jan 40 40 585 38% Jan 1.20 40 1.23 13,100 1.16 Jan 26c 29'Ac 8,400 27% 1,795 40% 26c Feb 31c Jan Jan 26 Jan 12% Feb 14 Jan Jan 41 40% 40 40% 7.25 7.25 100 37c 33c 2,500 35c Jan 44c 27c Jan 31c 37c 27c Light & Pwr 40 7.05 Jan Jail 8.50 Jan Jan 30c 5,000 5c 5c 500 4c Jan 5c Jan 6% 47 6'A Jan Jan 13 7 13 13 50 Jan 12c 12 %c 10,200 12% 12c 52c 50c 14,835 39c 52c 2%c 3c 5,000 Jan 13% Jan Jan 14C Jan Jan 54c Jan 2c Jan 3c 14c 14c 1.000 13c Jan 19c Jan 2%c 2%c 3,000 2'/2c Jan 3c Jan 16c 16c 2,500 15c Jan 25c Jan 9.75 10 645 Jan 10 Jan 9.85 40c 17 com.' 20% 36.700 17 460 10 Jan 17 Feb 26% 210 26'/2 Jan 26'/a Jan 19% 20 % 9,135 19 Va Jan 20 J an Feb Jan 26 V* ■27% Jan 26% 26% 385 26 Jan 27 Va Jan 30 90 100 99% 99% 100 Products-—• 45 99 % Feb 2% 2% 2% 1,100 2% Jan 4% pfd ; Forest 100 Packers A 90 * —■_ 11% 90 11% Jan 11 91'A 102 Jan Jan 3% Jan Jan 11% Jan Jan 6% 6 6% 75 • 6 Jan 28 6% Jan 28 28'A 729 27% Jan Jan 3 28 'A 3 3 1,412 2% Jan A Oil • ' 1 23c 27c 59,900 21c Jan 27c Jan 54c 55c 11,300 5 Or. Jan 57c Jan 18 18 '/2 220 17% Jan 18% Feb 7 7 100 13c 14'/2c 20,600 14 %o 2.07 6 7/e 13c Jan Jan 7'/a Jan 19 V2c Jan —-1 1 5c » 2.02 2.08 1,300 9c * Lake Jan 55c 18% * 1 3 25c 1 * * 9%c 2.500 8c Jan 11c Jan 5c 5%c 7,044 5c Jan 6c Jan 1.92 Jan 2.25 Jan 33 31% 33 330 30% Jan 3»/«c 3%c 1,700 3 '/BC Feb 15 3'Ac 14% 15 965 14% Jan 15 Feb 26 26 85 26 Feb 30% Jan 17 17 55 17 Feb 7% 19'A 7% 7% 105 7c 7c 1,000 7c 7.75 7.60 7.75 3,430 7.40 5c 6c 2,000 * * class A * B * » A • Bousquet 1 — Edmonton • Flon • * Calmont Oils 1 1 Bread common 50 %c 50c 52 c 7,900 1 Campbell Red Lake 2.85 2.85 3.00 2% 100 preferred-— 42% 42% 30 Cement —50 common * 1-20 common Canada Packers • : Power class 8 Jan Jan Jan 8c Jan Jan 8.35 Jan 5c Jan 6'/2c Jan 48c Jan 58c Jan 2.85 Feb 3.25 2% Jan 2% Jan Jan 42 '/2 Jan > 42 Jan 34% 36% 983 34 Jan 38% 29% 29% 29% 360 29 Jan 30 Jan 100 5 Feb 6 Jan 12 12 250 11% Jan 12 50'A 47 50% 273 47 Jan, 52 Jan 12 12 12% 75 11% Jan 12% Jan ,___—* Northern Canada Jan Feb 3 6'A • ! Malting Jan 33 5% Preferred A 7% 3,650 2% * ; __ • A Jan Feb 34 B • Canada Permanent Mortgage Canada SS Lines common— 21% 100 34 50 34 Jan 37 Jan 21% 23 1,325 17 Jan 24% Jan 202'A 201 % 202 55 196 Jan ——* 16 'A 16'/8 16% 400 14 Jan -50 16'/a Jan 37% 37% 37% 578 33% Jan 38 Jan 81% 81% 70 80 Jan 82 Jan Preferred Canada Wire & Cable class A Canners * 10 26 25% 26 1.565 25 Jan 26 Jan 22% 22% 23 2,790 22% Jan 23'A Jan • 20'A 20 20% 23.10 23.00 • 20'A • common Dredge Canadian Food Products * 25 30 — • common A 24% • 5'/a Canadian Oils Cos common—. Canadian Pacific Railway * Corp »• Jail 23.15 19% Jan 20% Jan 11% 50 11 Jan 12'A Jan —• Feb 14% 210 14 Jan 15 30 900 29 Jan 30% Jan 37 37% 290 37 Jan 39 Jan 160 24% Jan 27 Jan 24% 25 5 5% 490 11% 260 8% 370 8% Jan 26 26% 75 25% Jan 60c Jan 63c 64c 2,350 * 16 15% 16 455 17% 17% 17% 8,214 32 32% 75 32% 20%- Jan 29 25 * Jan 8% * „ Canadian Malartic 22% 1,520 11 * Canadian Indus Alco "A" voting Canadian Locomotive 19% 6,094 20% 14% 20 Celanese Preferred 2.439 23.15 20 11 • A Canadian Jan 20 common 1st preferred Convertible preferred Canadian Car common Canadian Tire 65 3 Vac _* class Hill Foils Jail 3'Ac 25% Burlington Steel B 17 8.000 Products Flin % 2,900 Ankerite & Jan Jan 3%c Buffalo Canadian class 15% 40c 26% — Co 845 Jan 25% * 25 * Red 16% 3'Ac 25c 26% common Electric Dominion 40c 13% 16% Lake . 25c 9.50 Jan 26% —_—5 Buffadison Gold Class 7,305 6% * ; B Canadian Jan 24% * Broulan Porcupine Class Jan Jati 1.36 195 25 Columbia Power Canadian Jan Jail • Brack Mills class A Class B Class 24c 540 __1 ?-__ common Traction Class B Class Jan 6c 13 * * preferred Canada 20'/2c 25% * class British Columbia Canada 6,300 15,399 7h I Columbia Class Jan 3.45 12% 1 Columbia Canada Jan Feb 39% 39 1 SZ Millen Red Calgary 7'Ac 14'/2c 3.15 27'A 1 American Oil Preferred Calder Jan Jan 3,550 24% * ; British Burrard C Jan 25 common Brewers & Distillers Class V2 13c 12 y2 Gold common Preferred & 9 Jan Jan 1 Brazilian Burns 6c 20%c21%c 1 Gold Brantford Building Jan 1,400 1 Gold & Buffalo 8% • Bralorne Mines Buffalo Jan • Bordulac Class Jan 7% 1,600 1 Boycon Pershing Boymar British 1.70 10c 26c A Mines Bonetal Gold 4%% 9'Ac 1,500 1.21 Bobjo British 14% Jan 12c 40 River British Jan Jan 2,055 40 % . Corp Jail 8c 1.28 8 V4 277/s Belleterre Quebec Hats 13% 285" 7% 21c 25 Kirkland Jail Jan 8% 1 i Ribbon 11c 62c 7,272 • class Jan Jan 41,900 10 Ltd 9c 56c 1.54 3.30 Jan 4,300 14% 11 %c 77 33,000 8%c —10 Mining Jan 8c 10 Bros Brewis 60c 75 1.43 1 Telephone Brand 56c 14% 1 Scotia Mines Bonville 9c 10'/2c 12c 12'/2c Metals Blue Jan Jan 3.15 Nova Bidgood 8 lie 1.53 12c Toronto Biltmore Jan Jan 10 5%c of Bevcourt 7'A 4%C 150 1 _ • of Berens 225 Jan Jan 75 25 %c 58c H© 1 * Bank Eeatty 7% 4.75 27 %c 16c __ —1 Hardware Bank Bathurst 600 Feb Feb 75 Bagamac Mines Bankfield Consolidated Bank of Montreal Bell 4.15 16C Gold Base Feb 4.15 18c Mines Barnat 1,200 4.20 • Jan 3%c 25c Aumaque Aunor Jan 14% Yellowknife Aubelle 9 55% 26 1 Canadian Bank of Commerce Canadian Breweries 100 4.60 __ see Feb 1.35 * Superior Oils Ltd For footnotes 1,700 3,000 1.35 _ A Ltd- Ltd 49c d ... 4.25 25c 25 %c _ Jan Jan 1.10 _ Omnitrans Exploration Ltd Pacific . Homestead Oil Co Ltd Gaspe Gil Ventures Ltd_ General Petroleums class m _ 4.15 ■' —— °~~i _ Oils 4.20 * * Jan Jan 23c 1 . __ Canada 1.55 Corp Ltd .. Okalta Jan 9c Mines Atlas Jan 5,293 a51c 1.000 __ Steels Callinan Feb Jan 7'/2c Jan 14% • Jan Feb Jan 2.49 1 _ Jan 6c 1 Ltd 5c 55c Jan 8% 54% 1 _ _ Athona Mines Atlantic Oil Bunker 1.35 3.35 1.200 Dominion Oil Leduc Jan 3,100 64.600 & Dev Corp Calgary & Edmonton Corp Ltd Consolidated Jan Jan 1,400 ■ 9c . - Jan 1.20 Jan c Jan Jan 4%c 285 59c Metals Corp British 45c OH Stocks— Calmont Jan Feb 12'Ac 5c 3.50 — Central Feb 48c 2.000 9 14% 1 Feb 1.30 Mines Anglo-Canadian Jan 42c 8c 23 Vinray Malartic Mines LtdWright Hargreaves Mines Ltd- British Jan Jan 38c 1.07 _ Ltd Jan 4y2c 1.05 . ' Jan 2.000 5,700 —3 .. 4.50 40c 35c « 7%c Ltd Canada 19C Jan 7y2C Ltd Mines United 57c Jan 6c 20'A Ltd Mines Ltd Iron Mines Trebor Jan 16c 1.05 Gold Mines 54c 227/8 5 no Ltd Jan 500 1 Silver Miller Mines Ltd Bladen-Malartic Mines Jan 20 % 36y2c 70c 1 _ Ltd. 25c Jan 1.000 4.70 37c Jan 2,000 6 %c 4.62 18c 18 4y2c 1 Co Mines 54c Jan 8c 1 * _ Ltd Mines a 8c 1.35 Mines Mines Gold Jan 5V*c Jan 38c 1 OVarrifJ-Gordon MVips Ltd Cons 7%c Jan 1 Mining Corp Ltd Santiago Mines Jan 6c <■ Ltd Labrador Gold Jan Jan 5c 1 Manganese Mines Ltd Mines 5c 3c 33c ¥ Gueoec Rock Jan Jan Jan 6c _ Dredging Ltd Mining Stadacona 31c 4c 2c 27c 6c 1 Quebec Queenston 1,000 9,000 1,000 40c Porcupine Mines Jan 4,000 1 _ Jan 1.30 2,500 54c _ _ 5c Feb II,000 1 Nornietal Jan 5c al8'/8 * Mining Corp LtdO'Brien Gold Mines Ltd 4c 1.20 5c 5 . Jan 6'Ac 9 I ____ Jan 61c 18c 1 Ltd Jan 3c Jan 2c 1 Ltd 68c Jan 6V2c 1 _ Jan 2c 6c 1 __ 43c 54 V2c 5c 27%c - Ltd- Mines Cons 146.700 Jan 27c 6VaC 1 _ _ Ltd Mines Villbona 15% Jan 2,07 j 6c 8% __ Ascot Jan 55% • . . Ashdown 103% 6c 8 7/8 25 common Gold Armistice Jan 55c Warrants Jan 6c Jo Ltd Mines Dredging Calumet Upper 14 Jan Jan rl © © 3c 1 Goldvue tyrant 13 Jan 4%c 10%c 1 Co Mines New Sylvanite 1.00i 2c 1 New Steep Jan 700 1 Mining Corp of Canada Sullivan 25 1,500 1 Macdonald Mines Ltd- Standard Jan 12% 5c 1 __ Mclntyre-Poreupine Rochette 25 50 1.25 ___1 Shore Mines Ltd Louvicourt Goidiields Ltd Quemont Feb 5 5c 37c Ltd Ltd Minine Gold 16% 26 1.20 4.65 Ltd Lake Pato Jan _ Corp Atlas 14% I,500 1 Ltd Mines Jan Jan a50 36.200 .1 Jollet-Quebec Mines Ltd Kerr-Addison Gold Mines Ltd Pitt 25c H Jan al.00 68c .1 Mines Ltd Mines Mines Pamour Jan 9% 64 1 Gold Mines Cons Gum Mines Norlartic Jan 18% 17 y2c 17 %c Ltd Mines Mines Moiunger Nechi Jan 14% 15 60C 1 Hudson-Rand Gold Mines Ltd.. Lake 43c Jan 100 1 Rock Laorador Jan 13% 25 2 V2C 7%c Porcupine High 50c __1 Resources- Mines Arjon 25 61c 1 Aquarius Area Argus 42c 275 2%c 1 Mines Gold Goldbenm Jack a— 20c 1 56*/2c 1 Elder Mines Ltd Jaculet a— 1,800 4%C Jan Jan Gold Sullivan Hard Feb 125 1 Dulama Gold Mines Ltd— Sol Feb 54% all5 5c —— El 110% all4 62 c 1 Dome Mines Ltd Eldona Jan Consol Feb 60c Mines Ltd-—, Consolidated Central Cadillac Mines. 1 Cortez Explorations Ltd 1 Cournor Mining Co Ltd East Jan 53% Jan 1.20 — 102% . _ Anglo Rouyn Mines— 18% ♦ Ltd Jan 70 50c • Apex 19% I Gold 25 Oil Feb Jan 1 — Mining Corp Ltd Candego Mines Ltd Cartier-Malartic Gold Mines Duvay 109% Canadian Jan 6% 26 18 14 * Gold Mines Ltd Gold Mines Ltd— Donaida Jan Jan 40 15 l Mines Metals Bonville 5% 26 al.00 Ltd— Jan _1 Pfd _ _ 545 * ____ Mines 24 % LhW % American Yellowknife Anacon Lead Anglo Jan 12 • Com Gold Base Bouzan Feb Stocks— Metals Feb 310 _ Jan 19 al5% al5% Band-Ore Nepheline 11 18% 25 • 23 • Canada 20% Jan 25c _ Jan 247h • of 18% 17% * Anacon Lead Mines Arno Mines Ltd* Co Jan 455 16 __ 23% 22% 24% 6c Jan a50 Ltd Jan 247/8 _ „ Jan * Windsor Hotel Ltd_ Mining; 18% 18'/2 42c 100 _ __ 10% 10 20c tt 21 'A 1,075 Feb 10 * __ Ltd _ Grain 9% a21 14 United Distillers of Canada Ltd United Securities Ltd __v— Westeel Products Ltd Western Jan 54% -- of 3,435 23 103% 113% - Algoma Steel Aluminium Ltd Aluminum 54% 42c # _ 22% 22% » Mines 20% .! 39 25 c _ Paving & Materials Ltd.. Gas Feb Jan 12 19 21% 227/8 • Jan 1.05 18'/2 pld— 1.20 High A Cons 18% a21 » Transvision-Television Union Jan Range Since January 1 Low 22% Oil 77% 1,340 26 pfd.lQO & Pacific Shares • common Agnew-Surpass Alberta _ Southern-Canada Power Gas Feb Jan Jan 9 100 A red Acme 99 11 17% Jan 70 20% * class Southmont Invest Co LtdStandard 85c 750 com:..' preferred Jan Uranium American . Twin 9% -10 1st Acadia-Atlantic class Acadia lor Week 20 Paper preferred 75% 350 * $1.50 & " 1,370 "76% * Jan 7 Jan 1.00 28% ' Jan 11 1.00 preferred —20 5% _ 99 V- 1.00 — Power Sales Range of Prices- Par Abltibl Preferred % Week's Last Sale Price Jan 13% rH 00 6% 10 Russell Industries Ltd Sanganio Jan 50 265 __ cum 2nd Feb 16% Friday STOCKS Jan Jan 37 10% 7% Ltd 31% Jan Jan 9% - Bearings (Can) Reitmans Feb 15 50'A 32 15% 100 Co _ Corp ol Can 6% R 31% Jan 31% 27 _ Power Manufacturing Jan 50% 37 pfd—. -10 Power _ Paton Jan 31% Canadian Funds Jan 15% 18'/a pfd_ -20 __ Ltd Power 8% 30 12 y2 37 -10 . pfd 6% _ __ Nuclear Enterprises Grange Crush Ltd 225 Jan 15% • & Ontario Paper Co Corporation Ltd Royal Rice Mills Ltd Mount 8% 31% 8 <* - Minnesota Moore % 3i y2 31%. • Canada 5 1 - uo_ Co Distilleries Ltd ol a51 12 Exchange High 345 a51 A Low 12'A 31% Ltd Paper 6'A% McColl-Frontenac 12 Toronto Stock Range Since January 1 High * Tel Co 12% pfd_50 __ _ class Ltd Melchers Mica _ conv ; Lcwney (Walter M) MacLaren Power <si Maxwell 6% Co B Shares Low 10 Investment Foundation Lambert (Ahred) Inc Loblaw for Week of Prices 3 Sales Last Sale Price Par MARKETS FEBRUARY 4% Jan 6 Feb 11 12 9% 29 70c Jan Jan Jail Jan Jan Jan 15% Jan 17Va Jan 16 3 Jan 18 Jan Jan 32% Feb 31 4 33 34 36 (586) THE THE (588) COMMERCIAL & COMMERCIAL & FINANCIAL CHRONTPT.'R FINANCIAL CHRONICLE LISTED CANADIAN RANGE FOR WEEK ENDED Range of Prices Shares Sale Price Low Leduc 12% 13% 433 2.45 6,500 Jan 6 v2c 6,000 6c 14 1,450 10% 7% 50 99c 1.55 15 15 150 3c 3c Consolidated Consolidated __ Consolidated Smelting Jan nam Jan Harding 10 70 855 2.22 class Jan, 10 Jan 16% Jan Wasaga 18c Jan Heath Heaiey 16c 1,100 4'/2C 2,000 4%c Jan 6c Jan 1.30 Jan 1.50 1.35 1,500 7 718 160 Corrugated Pa pre Box common Imperial Mills- ; common 200 16c 51.499 ay4c 8%c 3,500 8 Jan 53c 55c 15,400 52c Jan Jan Mines Heva Gold 18% 18% 1,055 13c Jan 19' 18 24 25% Delnite Detta Mines Discovery Distillers Dome 10 Jan 63c Jan Hcllmger 90c Jan Hinde & 5c Jail Hosco Feb 26c Jan Howard 99 % 1,280 Gold 6 Va jan 6% Jan 1.50 Feb 1.75 Jan 318 160% Jan 1,820 1.08 Jan Dominion Magnesium Dominion Scottish Dominion Steel & 1.26 Hugh Jail Feb Donalda 50c Jan 58c Jan 49 74 50 44.200 145 25 28c 31c -1,000 26c Jan 31c Feb 47% 47% 1,107 46 % Jan 47% Jan 3c 8,000 2c Jan 3c Jan Jan 4c 1.500 3%c Jan 30% 30% 31 130 29% Jan Jan 50% Jan 7% 7% 7%' 50 7% Feb Vic Acceptance common 35c 11.500 31c Jan 42c 55 23 Jan 24 Jan International Jan Preferred 7% — 774 25 7% 8% Jan Metals Preferred 16c 15,650 13c Jan 16c Jan 55c 2,700 53c Feb 67c Jan International 1.65 1.67 400 6c 614 c 5,000 28c 30c 2,500 6c 37c 39c 36c Jan Jackniie 6c Jan 6 Vic Jan Feb 36c Jan Jaculet 20c 33,200 1,430 Jan 42c Jan Jellicoe Jan Joburke 21 2oy« 21 20'4 Jan 21% 17% 17% 18% 547 17% Feb 21'4 Jan Joliet 27 V* 27 27'4 995 27 Jan 27% Jan Mines 20 % 20 % 20% 27% 28'4 8'% 1 %' 5% Jan 21% 550 Feb 2214 •' common 36 Jan 27 Vb Jan Jan Dufault 725 11% Feb 12 Jan i 400 10 Jan 111% Jan Lake 52c 60c 49,200 52c 17 %C 17 VaC 14,100 15'4c 6e 7c 12c 6c 34.450 1114c — 16,500 5c 5!%c 11 %c 28c 5c 1,700 25c 26C 9,100 Jan 14c c Jan La 23!4c 6c Jan 28c Jan Lapa Jan Larder 6% Jan Laura 6 % 230 % Jan ( 20 15% 15 6% Jail 46 % Jan Leitch 15% Jan 16 Jan 37'4 c 41c 52,100 36c Jan 42c 33c 36c 86,264 33c Feb 43c Jan Little 8c 8c 8%c 6,434 8c Jan 9c Jan Loblaw 5,000 7'%c Jan 11 Jan 7%c — — 8C 11 11 11 2 19% 19% 1 1 19 %- 42c — 46c 85 -50 2,052 ... 19% 974 c Jan 15 1 36% • 10 4,140 4.25 61c 15% 420 14 7« Jan 36% 640 35% 9% 5%C 5 VaC 2.86 2.60 12%. * 1.25 • class A 12 y2 • .... 29 * B 1014 1,665 34'% 9 16 14c Jan Jan 20 Jail 4.65 1,850 4.50 Jan 5.30 lie 7 la c 17c 655,800 3lac Jan 17c Jan 1.17 1.23 10,300 1.06 Jan 1.34 Jan 3%>c 4,000 3c Jan 5%c c 1,750 35c Jan 43c Jan 6c 2,000 5%c Jan 6c Jail 1.25- 24% 30 —— B Class 5% Power %c 5,000 5'4 c 2.05 Jan 5Vz% preferred 2.15 2,430 6.60 200 19 Vt 19% 95 3c 1.000 4%c 9,000 287,700 41 413 15 Jan 17 Jan 74c Jan 82c Feb 4%c 7c 16 la 16% 82c 3,500 Bakeries General - General Products Steel 12% 1.30 2.914 31 250 800 9,624 260 12% 1.25 24 30 12'% Jan 1.70 Jan 31 Jan Feb 12c 26% 98% 98' 'a 98 Jan 98% 98% 125 2.35 2.49 2,635 2.30 Jan 91% — 91% 50 91% Jan Feb Feb 2.36 Jan 29% Jan Jan 100 Jan 2.60 95 Jan Jan Gillies God's ■ Goldcrest Gold 1734 Jan 19 Jan 55 105% Jan 107 Jan 110'% Jan 2% 1.10 1.05 135 450 2,500 20 17% 7c „ 63c 18 550 6.10 6.30 9,356 2.93 110 2 1.10 100 Jan 2% Feb Jan 1.20 Jail Jan . Manitoba & Mines 2,000 4 %C Jail 6c Jan 1,500 5%c Jan 7c Feb 52c 11,070 45c Jan 182 31% Jan 32 Jan 31% 125 30% Jan 31 % Jan 6 6 40 5% Jan 15c 13,200 14c 15c 8,800 Mclntyre Jan Preferred Gordon 7Vic Jan Jan 3'4c Jan McWatters 6.600 62c Jan Jan 65c Grafton For & Co Red Gold class iootnote? see Jan Mercury 1,000 8C Jan 5c 5c 6,000 5c Jan 7c 5,750 5%c Jan Jan 3,200 17c Jan 2.65 74,123 2.11 9% 10 824 9 % Jan 10 Jui 7%" 8 570 7% Jan 8 ■Jan 2.95 3.00 2,650 2.86 Jan 49c 55c 230,310 Jan Jan Jan 2.65 3.15 Midland 3.35 Jnn — 47ttC Jan 6c 3 Vic Jan 4Vic Jan 4,000 2 '4c Jan 2%c com 91% Feb & 18 .18 100 3.05 3.10 11,400 2%c 1.000 9 10 31 18 Jan 13 Jan 2.95 Jan 3.45 Jan 2c Jan 3c 9 Feb 10% 6c 5,550 3% Jan 15c 1,100 13 %c Jan 5c 500 5c 24% 10,910 21% 27% 790 27 Va 17 17 40 14% 15% 2,275 99 98% 99 20 17 6C 13'ic 6c Jan Jan 25% Jan Jan 28% Jan Feb 17 Jan 16% Jail 97 Jan 99 Jan .Jan 665 61% Jan 67 15,200 47c Jan 60c Jan 5c 5%c 56,500 3%C 9 %c 9,100 Jan 9%c Jau Feb 1.50 1,685 5% Jan 6 Jan 5,500 3c Jan 4c Jan Jan 16% Jan 5V« 5% Vic 3 9c Jan Jan 100 3%c Jan Feb 8c 3,600 1.50 — 6%c Be 1.50 9 Vic 1.50 16 37c Containers class A Tool Monarch 90 Jan 91% Feb 52% 53 52'% Jan 53 Jan 10% 10'4 245 10 Jail 10% Jan Moneta 19 19 25 19 Fob 1974 Jail Montreal Preferred : 12% 13 % 10.052 33c 37c 2,000 16 % 100 16 J 1.10 Jan 1.30 12% Jan 13%. F'-b 32c Jan 37c Feb 16 Vi Jan a n 17% Jan 3 3 125 3 Jan 3%. Jan 10%. 310 9% Jan 10% Jan 93% 1°0 93% 20 Jan 93% 35c 2,700 33 %c Jan 38c Jan 21 % 905 20% Jan 22% Jan 34c Porcupine Locomotive 35 400 Feb 10 Work^ Knitting common 45 16 1.25 16 Va 13%. Modern Feb 14% 65 1.25 Modern Feb Jan Jan 53c 51c 8%c Grain Pac Jan Jan 8c 53c 1.50 Corp 120 Jan 55c 23% . Oils 91'% Jail Jan 27 % 27% Brick Mining Model Jan 31c Jan Vic 1,500 S3. 5%c Jan 2.43 63 % ,— Mid-Continent Oil 5,500 page Jati 13c 1 Mills 36c 6c . 5c 13C 15c 5 5 % Jan 4c A 10 Exploration Jan 2 %c 10% Jan 13,000 5%c : 6c 6c Jan 80c Vic 5 Vic 32c 7 Jan Jnn Jan 15 , Lake 1,700 4c A 2.70 44c 17 common 8c 2V«c 5 class Jan 13,550 24 % Gold Feb 4c —... Mackay 2.33 5c Porcupine Lake 6c .90 5.U91 5c McKenzie Red 2c 5'/aC 2.58 Feb Jan 6.60 2.51 18c 16c lie — 18% 2,000 15,100 Jan Jan 55c 9 preferred 105% 22,000 3.05 2.46 2 %c Preferred 7c 2.88 13c 52c — —2( <L) 3%c 35c Jan 6 13 %c — McColl-Frontenac Mentor Jan 31% 31% 3.10 Preferred McBrine 6c 64c 55c 46c 31 % 2.95 Massey-Harris common Jan 2 IHC 5'/8c Mining Goodyear Tire & Rubber Jan 3,700 Gold Jan : Mines Goodfish 1.24 Feb 7c Eastern 6.10 Feb 17'% Jan Goldhawk Porcupine Jan 7C — 6%c 5c Arrow Gcldora 1.15 Jan 10 Mines A Gold Mines 8c Ma niton -<c 1.18 Maple Leaf Milling Milton r"">den Jan 49c Gold Fields Gold leruc 2%c 34c Gold. Mines 5c ______ McMarmac 63c Gold Eagle Golden Jan 2.64 Mailman Corp common Marcus 150 105% 105% 105% Gold Lake Jan 4c 8 Consol Maenet Maralgo 18 2% 2%. 6.25 Oil Globe 3%c 13c class Export 33 Jan 107 110 110 Va " Lake Jan 13 Madsen Red Lake McLellan Glenora Jan 2%c 5 Vic Feb 17% * 100 Yellowknife Gold Mines Giant 19! 4 - — River Macho Jail 106% .107 100 'common Jan 5c 5 Vic McMillan 25 % " Mfg preferred Wares Jan Jan 6 Lake Red MacLeod-Cockshutt 8%c General Petroleums class A Ueneral Jan 7.35 Feb 1.15 54c Feb 215 : 2.40 2.06 6.50 19 — Jan 6,550 • __f. Jan Jan 2.06 common. Mines c 12c " .... 141-1 64c 2,250 65,700 15c 2.90 674 Jan 27,050 25% com.. Feb Jan 2 57 c Jan 2.90 5 Macfie Jan 11c 100 preferred 13 50c 13 Martin-McNeely Gatineau 13 1 Jan 54c 2.55 Mines MacDonald 1074 100 J i 31% „ — Hosiery London Jan 361% 25% Exploration preferred 3 5%c - Jan 31 % A Lynx Yellowknife Jan 2514 » ... • 51 Vic class Jan Jan _<* Goid Preferred Co Jan lO'a 20 7c Groceterias Cliiss Gair U %c 500 12c 5c _ I,ac_... Long Jan 4.60 Jan » class A Jan 19% ... Jan 19 % Jan 4.35 1 . Jan 1.44 20 6c Mills Louvicourt Goldfields Jan 11 Jan 38c 15 * Kirkland 19% 5,000 18 1.18 Gold Macassa common 6%c Jan 1.27 — ' 4.25 • Fanny Farmer Candy Shops Jan Feb Jan 5,660 4 lie Gold 38 y».c —2 Players 4%c Jan 43 2,560 16'! 4 Lexindin Gold 35 Vic i Nickel Jan 21,500 Leduc-West Feb • Corp 43% Jan Mines Gold 100 81c Jan 6 V'H \ Gold 48 3c Mines "U" 1 Mines Jan 6.60 Secord 46 190 Jan .10 %c 5c — Lapaska Mines Lencourt 15'/2 32c Jan Cadillac 2.35 85 Jan 6%c 54c Lang & Sons Jan 5.30 46 Jan 68c 4.083 19 % Gold Jan Jan y« 10c 76,033 7Uc 37c Mines Luz Jan 46 Jan 23,000 Vic 10c 6 1.33 6c Mines 514 6 12c 11c 69 %c 74 %c 3c Mining 2.05 — Jan 2.10 allure Was a 4.50 6'/8 Feb 3%c 13 Lane Lake 100 ♦ Jan 27 %c Jan Jan 8,600 25 6,740 21c Jan 13% — Jan 19 c 914 15,500 — 8%c Jan 4.50 (1945) Rowan Jan 60c Jan Jan Feb Liiik'uta' idti* 5% • 7c Gold 10% 6 3A c 4%c 1.17 Mines 11% 59c 20c 13 12 Gold Fortune 10 17 Vic 16c 1.30 » Take 11% • 1 26'% ; l Ltd 900 47,280 Jan Jan 11 %c Labatt (John) Ltd 11% • 20c 10% 7'iC Jan Jan Laguerre 150 20c Feb 147 Feb 48 Labrador Mining & Exploration 27% Jan _ Kirkland Townsite 5'% Jan Jan 27 Jan 8% 5%c Jan 4 %c Feb — 146% 5,500 32% 13 22'% 34 10 3,642 7c 23c 27 %c ... Jan 2.23 Frobisher _ Lake 27% 22 147 9% Jan Jan 103 1.30 Gold Kirkland n Feb 26 147 - K.tri-Addison Ja 8% 545 9% 11c 33% 3,605 5 Kenville Jan Jan 28% Jan C*/'aC - Jan common Jan Jan 31% 73c Mines 19 y8 1,020 20% 5y2 21 y* Feb 5 105 20'4 4.75 Cos 7% Jan 101% 7 %c * 5% Fraser Jan Jan 31 12 50 -- : 28'4 Jan Jan 7% 985 7% 20 26'% 60 28 y« 2.10 Francoeur Jan 4%c 49C 3,508 26 %c Mines 4.00 Class 1 JtPn 32 5%C (1939) Quebec 2.13 Motor 27 Jan 102 Gold Kelore 9% 40c 26% 147 Ltd Mines 3,000 26 Jack Waite Mining 28c 1,393 102 -■ 1.80 12 43c 31% 9% Petroleum Goid Jan 1.65 4.75 Ford Jan 32 5/10 14c 10 y4 26 Jan Manufacturing ~ 1C2 A class 10 53c l Fleet -• 41 Vic 11 42C Mining 53c l Fittings Ltd g 26 Jan 23 A 21 Petroleum Jan 49 4c 32 2 pi of erred Mines™ Federal Jan Jan 37 Jan Mines Federated 2%C 15 %c * 7% 26 Grain Feb 9%c Jan 23 Steel federal Feb 48% Jan 7% Sullivan Famous Jan 35 Feb Jau SC ' 90 Malartic Falconbridge 7%c 13 11% Jan 300 35 . Jan 26 300 preferred 4c 714 ,22 Hi Jan 2,000 26 34 (T 10% c 18 7% East Eureka 16 % 5,145 4'4 7% 27'% Equitable Life Insurance. 665 10 % £ 4 to 34c __ Estabrooks Jan Jan East Sol 8c Jan Jan El Jan 14% 34c ;i Pen-Rey 7c 32 Inspiration • Eldona 3,000 23% Jan * Elder 8 lie Jan Industrial 1,900 Jan 16% 10% Indian Lake 57c Jan 10c Jan Jan 49'4 COc Jan Jan 8 14c 9%c Jan «%c 14% 17c 500 Jan 58c 21 Jan 674 525 7%c 1,107 24,500 30% Jan 8 Jan 4,500 Vic 1,090 Feb 15c 8c 60c 1,190 Jan East El Jan 9,097 % I Jan Jan 32 21 Eddy Paper class A— 39c 14% 33% Investment Jaa 22% 13c East Crest Oil Economic 24c 14'% 27 Easy Washing Machine 1,000 21% Lamaque Eastern 27c 7c' 487-1 22! 7 Mines Leduc 4oc Jan 3174 Jan Jan 23Va Amplii 8%C Feb 6c B 15 Jan Dtivay Gold Mines East Jan 30c 35 % 1 Oil Jan 34% Mines 6%c 2,500 26" 2c 47 % Bank Jan 14 y4 7c Woollens Gold 3,500 18.377 7c 14'% Imperial Imperial 21 125 Lake Dulama Jail 7c Imperial Tobacco of Canada ordinary. 100 15'% 27 y2 Dominion Textile Jan 6c — 10c Voting trust certificates.—.: Dominion Jan 11 8c Malartic • i 40c Jan 30c 40 %c __ Minmg <& smeiiing bay nuuson & Chemical common--* Preferred Jan 14% Jan 10 48% ._ 2,600 Dominion Stores Dominion Tar Feb 26' so 265 35 _ 21'% 7!/2 com 13% 99,235 11 yc 50 2,500 25 Investment 230 39c Paper common 11c — Coal class B 1374 36c Feb 48% Mines Smith 21'% • & Steel Jan Feb Jan 165 165 1.14 35 preferred 13% 4c Kelvinator Dominion Dairies Jan 13% 10% _ Mining 10 Dominion Foundry 11% 10% — 18 Consol Preferred Jan 103 Jan Dauch 7'4c 2 Bank 1,450 Homer Yellowknife » Seagrams 13 7'/4C 7c -__1 Mines Ltd Dominion Feb 7 %c Jan 57c 1 Yellowknife 2c 6%c Sarcee 10c 1 Lake Red 27 Jan Higliwood 12c 15c 1 Lake Red Dexl/ir 24 Jan l7sC 60c 10c • r Jan 23 12% __ Ingersoll Machine class lnghs (John) & Co , Ltd Ltd 16 963 4,500 37c International Nickel Co common Oils Producers Rio 2,430 2c -- 15c Decalta Jan 27 8 4%C 49% • Del Jan , 2c 6 lie 5,032 7% * B 190 , • A— 16C Jan . 1 class Jan Jau 7%c 2,253 1 Petroleum Feb 7c 7%c 14% 100 Patricia 43c 17c 7 Vic 21% — Jan 1,000 38c Preferred — Jan Jan 38c 16,120 — Jan 1.08 8 21,500 17c 13% Mines 17c Jan 162% —— 43c 10 %c 1L274c 127-1 Gold Mines 9,500 99% 100 y2 — 38c Hlghridge Mining 5c 50 l . D'Aragon Mines Leather 13c 100 1 Coal Crowshore Jan 82c 6% — 5 17c Mascot 47/'8C 14% 74 24 Gold 60c 1.50 1* - Pershing- Jan 1.50 Jan 1.42 1.45 6% * 50 4 Highland-Bell 1.50 0 Cosmos Nest 8 Jan 6 14c 165 6 . Feb Jan 1.30 • 4% Gold Hoyle ^100 Exploration Feb 6 Jan 1,895 6 4% 2c uoiu Harricana Jan 4%c Kv 26 Jar. Carpets Jan 9 16c * A B Crestaurum rtucK 15% 1.45 h-L O O Jan 6 474 Gold Hamilton Cotton 1614 0 Press Coiioiinurs Gas Class 50c 12c 14 %c 5 20 26 lw' 90 18% Alabastine Hamilton Bridge 15% 1 Mining & Consolidated Da vies Jan Feb 4%c i— Oro Jan Preferred Haliiweli 82c Homestead Lebel Davis 3c Jan Duquesne Consolidated Crow's Jan 8%c ; : Consolidated Cromor 2'%c 16c Mines Beattie 42 common 1,000 55c Ansley Jam 42 27 Brass Feb 1.45 Consolidated Bakeries Consolidated 40 IO to & Jan 2.02 — Mines Hahn Lime Jan 4a'4c — Gypsum 1.16 9,720 — Jan 17c 1.78 7,750 Commonwealth Petroleum 15% 4'., Mines 15 45c Conduits National Lead Feb Jan 1.00 2.15 4l/2C Jan - 1_. Feb 1.49 , - 14% 42 15 — Yellowknife Craig Bit Jan 16c Lake Feb 1,340 14% 14% 14% common Gunnar Gold 5','hC 10 common 15c Fob Jan 2.02 Plow 20c Jan 12C Gulf Feb Jan 16 Dunlop Jan 12c 42c Jan 99c 2.05 Willans Cochrane 17c 1,000 West Felt preferred 7'% 72c 1,080 class A 1.500 15c Great West Coal 14 % Jan High 20c 15c A Great Low 19c 15c Greening Wire 4%c 8.125 1.15 Preferred Paper Jan 8c Jan 7 14,450 1.49 Lakes Range Since January 1 High 20c — Uuayana Mines 136,180 5'/aC 1.49 : 78c Shares Bousquet Jan 17c Jan 43c COCKSllUtt Class Jan Jan 15c 47/HC Oils Conwest 1.08 85c 94c Malartic Coniagas 1.28 4,025 6,500 1.00 Mines Circle Bar Knitting Coin Jan 38,600 5 '/aC 50 Chesklrk Mines Coioinac Jan 1.52 13 : ___ "^cHenour Great 90c 6c Chromium Coastal Jan 1.37 13'A -I common Research Citraiam 2.50 — Preferred Chesterville 1378 Grandoro Mines 7% Centremaque Gold Chemical Graham Jan 88c 15'/sc 16 %c 6c Steel Jan 1.28 1.30 Oil 16c Chatco 2614 Jan 2.20 Central Porcupine for Week Low Jan 11% 2.50 Central Patricia Gold Mines Sales Range of Prices High Jan 25'% 40 25% 2.50 Since January 1 Low 20 Cardy Corp class A Casue-Trethewey Central Range High 25% Week's Last Sale Price STOCKS * A— MARKETS for Wetk Par Canadian Wirebound class Monday, February 6," 1050 Friday Week's Last TI/Tm FEBRUARY 8 Sales Friday STOCKS ■ 21 20% 93 Jan Volume Number 4879 171 THE COMMERCIAL & CANADIAN FINANCIAL LISTED CHRONICLE MARKETS RANGE FOR WEEK ENDED FEBRUARY Week's Range for W eek of Prices Shares Friday STOCKS Par Moore Corp common Preferred Mosher Long Lac National Drug & National Grocers class A—__ Sewer ateei National New 75 % Jan 78 263b Jan 27 Jan 107,250 16c Jan 36c 25c 36c 9 >, 4 345 11 11 45 b 87b Pipe class A 9 >< 10% Jan 11 11"4 305 11 Jan 121b 281 it 28 2812 310 28 Feb 28j/2 Jan 22% 2212 25 2212 Feb 2212 Feb 221 22% 1.545 22 Jan 23 Jan 33c I,000 33c Jan 38c Jan b 33C 33c 42'2 42 42''2 60 42 Feb 21 2014 21 548 2134 29 29 29 50 27% Jan 1.55 1.52 1.61 16.737 1.45 Jan L Bidlamaque 8c 8c 1 2,000 Jan 1.68 New 9c Co New Marlon ; Gold 3c 3c 1.14 1.12 1.17 8,200 40c 40c 44c 39,675 31c Jan 47c 40C 40C 45C 5,633 40c Feb 50c 76c 73c 81c 54,450 60c Jan 88c 7c 12,550 6%c Jan 8%c 4c 1.000 3c Jan 5c Jan 4c 1.32 Jan 6 3c 3%c 7,200 3c Jan • 9c 8 ><ic 9c 12,650 8c Jan 2.219 6c Jan 7c 9c Jan 9%c Nib _1 Yeiiowknife Nicholson 9%c 9c 1 234C ; 53c 00c 1G4.550 G6% Jan Jan 27 Jan 33c 2.150 33c Jan 35c Jan 71c 9,300 66c Jan 81c Jan 32% 35 3.040 322 Feb 36 Jan 48% 00 48% Jan 48% Jan 21 21% 385 20% Jan 21% 12 X2C Jan 10 %c 12 %c 12,100 10c Jan •12c Feb 55c Jan 62c Jan 57c 55c 57c 3,812 91B 9% 9 1,550 87 90 35 86 Jan 90 Jan • 14 3b 13% 14% 1.675 13 % Jan 14% Jan 2814 28 28% 105 27% Jan 29 % Jan 5% Jan 100 1 Paving common • 1 Olsen Nor gold Mines 8% Jan 9% Jan 4c 40c Jan 60c 17 101% 103 % 215 5 Jan 65c Feb 85 16% Jan 670 101% Jan 105 Jan 102% Jan 106 Jan 72c Jan 17% Jan 104 la 103 6c 6c 500 Jan 6C Jan 2.55 2.45 2.64 33,412 2.45 Jan 2.99 Jan 4c 4c 500 3%c Jan 4%C Jan 2.70 Jan • I Contact 1 Sullivan Cons Mines 2.42 104% ' 6c 2.35 2.44 9,385 2.35 Jan 44 %c 45c 4,500 44 %c Jan 50c 4c 4c 18,000 Jan 4c Jan 1.51 1.58 3,400 Jan 1.66 Jan • 14 c 14c 1,000 Jan 14c 50 52 52 50 52 Jan 52 6 G 110 6 Jan 6% 11 11 100 11 Feb 11% Jan 1 Superior Oils Ltd • 4c 50c Bylvanite Gold Mines 1 1.53 3c 1.50 Jan Feb Taku River 2.340 66% Jan 68 i-a Jan 15c Feb 16c Jan Tamblyn Ltd preferred 3x/aC 500 3c Jan 3%c Jan TayJor 60c 65c 61.950 60c Jan 70c Jan 2.70 • 16% Mining 2,000 2.65 2.75 8,180 Jan 2.80 Jan - 4,200 102 Sudbury Jan 450 66c 25 Preferred Surf Inlet Jan 5% • common Steep Rock Iron Mines Steeloy Jan 2%c 5 65c 65c • Canada C3c 1 Normetal Mining Co 68 1 Nortartic- Mines 10%c Bros of Gold 16c 15c __i . 100% • common 3 VbC —. Nordoir Corp r 6.500 5«jc j» 4C 68 Mines Norandh Mines 7c 7c 1 2 Jan • Chemical Steel Jan Merger Jan 99 67c 21 Standard Radio class A Jan 10,775 Thurbois 26 261 48% 33 Starratt Jan 3%c Rouyn 675 30 Jan 3%c 1 New 4 Jan • Preferred Jan 4e Feb N»w New High 28 33c • Preferred Jan %C 1 Oils. 99 3 99 70c * Mines Standard Jan Feb 1 New. Pacalta 26%- 26% 99'a 50 Brazeau Stadacona Jan 3c 1.12 Newnorth Gold Nor zone 26'i 20 common 1 Stedman Newlund .Mines. 715 1 Co Standard 30 1 Preferred Jan „1 Jason Low 29% Jan 1 _ Range Since January 1 High 2934 100 1N1 South am Feb 1 Mines 500 8c 421 '2 1 Calumet Goldvue Slater Jan ___lo 1 New Low • * Ma'flrtlC oiaueJl Jan 29 19% Jan B Gold South * New Shares » Preferred Eiscoe Jan * Mines Class Feb Jan 11% " oai Simpson's Ltd class A Feb Jan 11 34 22% for Week Jan 65 8 ' » Alger New 480 2612 35c * Trust Negus 76% 9% * Sales Range oi Prices Par' 20 Petroaeum National High .* 1 Nations:- Hosiery Class B Low 75'a 5 common Preferred Friday 26 % 5 com_ j. National 16% Week's Last Sale Price STOCKS Range Since January 1 High 1 Chemical Preferred National • Low 25 ... 8 Sales Last Sale Price (589) 1 Pearson) , * common. Preferred —10 12c Feb Jan Jan Norplck Gold Norseman 1 4%c 4%c I 6%C 6%c Canada- ..Mines Northern North ; . Mines Northern 41c Extension Denison * II,500 4%c Jan 7c 13,000 fi Vic Jan 41c 2.400 41c Jan 45c 10%c Mines 3.00 2.99 3.05 4,573 2.97 Jan 3.20 Jan • 71.2 C 7%c 7%e 4,500 7%c Jan 9c Jan 1 37c 37c 42c 2,533 36 %o Jan 44c Jan ;• 17c 14c 17c 115,500 12% c Jan 17 %C Jan Jan c 10%c 1,500 9c Jan GVbC 614C 2.100 6%c Feb 934f 10C 1,500 7c Jan IIV2C Tombill 7%C 7c 7%c 21,000 7c Jan 91,2c Jan 8c Gold Torbrit Silver Mines Jan __1 a Gold Toburn Jan 10c —1 - 1 Jan 5c 91/4C Jan 1 Mines North Inca Gold Northland 101 4%c •. Teck-Hughes Gold Mines Thompson-Lundmark 2.61 Toronto Iron Class Star Oil common OBrien Gold • Mines 10 12 1 1.8G Ogama-Rockland • 24% c Okalta • 2.08 Oils O'Learv , „ Malartic 1.86 11% 1.94 20e 243bC 2.00 825 3,425 7.200 2.18 23,350 17C 18 %c 10 1.80 20c 1.65 Jan 1112 Jan 2.05 Jan 26%c Jan 2.24 Jan Jan • 17c 8,300 17c Feb 22c 1 4c 334C 4C 4.620 2%c Jan 5c * 5c 5c 5%c 42.100 5c Feb 8c 39 40 105 common * ... 39 « Orenada 1 Orlac Gold Red Lake 6% _1 Jan 44 class 200 12 150 12 12 25 9c 8 %c 9c 5,575 127,600 1 1.20 10 Jan Jan 11 1.36 10% Jan Jan Jan 12 11 % Jan 12% Jan 7c Jan 9c Jan Jan 4oC 39c 46c Jan 46c Feb • 27% 27% 28% 1.290 25% Jan 28% Jan • A Resources 53c 51c 55c 13.900 50c Jan 59c Jan i20c Transvision-Television * Union Gas • 16% Union Mining 1 n%o u— 20c 20c 35c 20c 800 Jan 25c Jan 16% 14,490 14% Jan 16% Feb 11c 12c 11,000 11c Jan 13 Vic Jan 27% 27% 87 26 Jan 28% 53% 54 105 52 Jan 55 Jan 21% 21% 100 21% Jan 22% Jan 3.70 4.30 Jan 15% Jan United Orange Crush 2,700 10% 1 Finance Transcontinental Jan Steel 1.32 1.0% 11% ■»- w Exploration Petroleums Traders Jan Omnitrans Exploration Tower Jan Omega Gold Ontario 1.28 12 * common Feb Jan 1.32 • Works A Towagmac North 1 Elevators Toronto Jan 6% 6% 1.826 5% Jan 634 9c 3.500 8%c Jan 9%c United Jan 8%c Corp class B Fuel Jan 1 5%c 5%c 6%C 7,300 5%c Jan 8c 1.16 1.10 1.18 24,600 1.07 Jan 1.24 14c 14c 15c 17,000 IOVbc Jan 15%c 1 4.65 4.45 4.65 23.060 4.25 Jan 4.90 Jan Hershey Tubes Pamour Porcupine Mines • 47 14 44*2 47 '2 1,490 44Jan 47x2 1.35 1.30 1.40 4,200 1.40 Jan 5c Jan A preferred 50 54 25 Steel Hill ♦ 4.00 * 25c • 7 1 * Jan 4.00 6.125 24 %c 25 %c 15,970 6% 7 1.065 6% Feb 7% 3.05 2.91 3.10 15,975 2.91 Feb 3.30 Jan G.40 6.40 6.75 1.926 6.40 Feb 7.05 Jan 3.60 Jan Jan • Oils United Jan Petroleum Keno United Jan 1 class preferred United Jan _1 Class B * Osisko Lake Osulake Mines Mines Pacific Page Ltd 1.23 Jan 4X4C Jan 17c Jan Upper — Canada Ventures Ltd Vic-our Pandora Pan Cadillac Western 1 Oil Paymaster Consol People's- 'Credit. Securities Perron 5c • 23c 1 32c __1 60c Piccadilly Porcupine 1 9Vi*c Pickle » 1.94 Gold Crow Pioneer Porcupine Powell Mines Gold Gold 76c • Powell Rouyn.Gold common 33c 5% 100 60c 60c 3.000 7%C 9%C 65,508 5,800 30c Jan 34c Jan 5 Jan 60c Jan 63c 5>4 44 3 4 1 Waite 7%c Jan 9x2C 3.465 1.80 Jan 1.95 Jan 2,500 3.15 Jan 3.30 Jan 71c 76c 27,293 68c Jan 80c Jan 4314 4434 1,400 42% Jan 443i Jan 86c 2,100 8Gc Jan 1.05 Ltd Corp • 17 16*4 Pressed Metals 1 13 12% Preston East 1 1.84 1.71 Dome.— Proprietary Mines Prospectors Airways y Purity Flour Mills preferred— 40 Quebec * Labrador Quebec Manitou 1 18% 1.00 4834 19c 356 3,200 90 18x2 jan 1812 75c Jan 1.00 Consol Jan 4834 4,900 17c Jan 20%c Lac Gold Co 9.000 76c Jan 1.03 Jan 40c Jan 20c Jan 32c Jan 9.05 9.00 9.20 4,329 37 3734 4.195 5»2 5ia 100 1,000 371 2 51,2, 1.02 Jan 1.17 common — iGeorge) 22 % 20 23 32.345 18% Jan 23 1 — 86c 32,100 70c Feb 97c 2.40 2.40 100 4c 4c 5,200 44 46 20 9% 9% 9% 80 8c 77bC 8%C 9.500 9%c 9c 'lie 15,000 7%c Jan 37c 37 c 42c 17.800 37c Feb 49c Jan 28 2.55 7%c Jan 8%c Jan 40 49 Jan 51 Jan 8c 987 7%c Jan 9%c Jan 30% 31 169 30 Jan 31 32% 32% 25 32 Jan 25 170 24 Jan 26 •> Jan 101 101% 35 100% Jan 101% Jan 24% 24% — ■ . Industries Russell , & Lead Yellorex S%C 1st Jan 10 9%c Jan 5,500 4%c Jan 6%c Jan 34% 925 33% Jan 37% Jan 100 99 % 100 35 99% Jan 100% Jan 4c 4c 4c 1,500 4c Jan 4%c Jan • 2.12 Bear 11c ' 7c Jan 8%C 2.10 2.14 3.790 27 Urn 29c 22,100 27c. Jan 30c Jan 19c 19c 20c 12.000 19c Jan 21c Jan 1 79 c 77c B0C 9,090 75c Jan 92c Jan X : Mines Feb 14c Jan 9.30 2,915 12c 13%c 19,500 10c Jan 18 %C Jan 10,700 3c Jan 4%c Jan 19% Toronto Stock — Antonio Sarnia . Friday STOCKS Scarfe class Gold Week's Senator -Bhawmiean 1,000 17% 12% Jan Jan 14% Jan 29 300 27 Jan 29 Feb 14% 315 14 Jan 15 89 .145 85% Jan 89 Feb 50% 50% 305 50% Jan 50% Jan Range lt»r Week of Ibices Shares Columbia Pulp Co Water Preferred Industries, 1 "3.65 Jan 4.05 Jan 5%c Jan 6%c Jan 100 7 Jan 7% Jan 14% 14% 14% 75 14% Feb 15 16 55 16 Jan 26 26 26 50 26 Feb 26 '31c 11.200 27c. Feb 32c Jan Dominion 24% 24% 70O 24% Jan 25% Jan 47% 47% 45 47% Jan 48% Jan 1.15 1.15 700 1.13 Jan 1.20 Dairies 2.22 40,876 — 2.15 Feb Jan Western Canadian Westinghouse Paper 2.08 1.91 Jan 2.38 Disher Steel Preferred I For footnotes see page 38 22'e 221i> 1.040 22 Jan 22% Jan 13 1234 13 125 12 Jan 13 45 v2 4512 150 45% Feb 45% 24 221,2 223i 120 22% Jan 3iu 3 3xb 3,610 2% Jan 37a 358 37e 3,700 — Feb B Jan Feb Feb Jan 3% Jan -8.65 Steel * 20 Jan 20 Jan International 20 Jan 21% Jan International Utilities 21% 2,255 19% Jan 21% Feb Langley's Ltd wnimoiL. 8.00 8.05 636 8.60 Feb 30c 29 %C 32c 57,425 48 %c 64c 172,404 9% 10 490 ,94 94 10 100 9% O Paper common. 71-2 5 —— Paper * 5 Oreille x 29%c Feb 48c Jan 64c Feb Southmount' T»festment Jan 10 Jan Temiskaining Mining Jan 94 Jan Twin • 92 38c Jan Price Bros City : Feb 56 Jan 58 Jan 3,042 17% Jan 19% Jan 41c. 6,200 45c Jan 40c Jan 12 12 100 12 Jan 12 2434 2434 135 24% Jan 24% 42 43'a 240 40 % Jan 40 40 35 40 Jan 40c. 1634 17 250 3.65 3.85 10.975 15% Jan 3.15 Jan Jan 44% 40 17 Feb Jan Jan Feb 3.90 Jan 28 85 27% 39% 38V2 39% Jan 41 Jan 20sb 21% 5,198 1,130 37% 21 20 Vs Jan 22 V2 Jan 2734 2734 Jan 28% Jan „ Jan 52c 45 52c Jan 52c 18 18% 2,378 17Va Jan 18% Feb 5.70 5.70 353 5.60 Jan 6.00 "Jan 63% __ 18% 65% 52c- __ 10 175 63% 42%c42V2C 130 421/2C GUc * .... 3% 50 185b 3.80 1 9% Jan 58 18 17 150 & 431-2 — • 175 M — Paper Oil 20 8.85 Jan 40c __ • 3% 58 I8I2 ^ 21% v.jflc • v-Silverwood Western Dairy pfd— 223u • Bridge Donnacona Hayes • common 20 _1 A Jan • • — 19% .; • Dalhousie Oil Feb Jan Lumber Consolidated 21 20 l class 99 Jan 41 Jan 24% 27c- 14% 16 Canadian Pend Silver.' Miller .'Mines Jan Dominion. Oilcloth & Linoleum 30%c 1 Sllanco Mininc 92 * common Marconi 6.500 * certificates 400 __ 3.580 20 Sigma Mines. (Quebec) 96 y2 965 common Gc 1 preferred Breweries- common Sllverwood Sugar 7% 50 Voting, trust Dominion Cottons Canadian Canadian Foothills Sicks' 95 xo • Vinegars 3.90 5<Jc „; Sherritt Gordon.; 90 Jan a 100 7% • Power com Jan 3% 90 3:ia 3.75 - 1 & 6 8212 4,800 37a 5%c — * Ltd Jan 55 4 90 1 Preferred and 5% 90 & Paper com—* ; Range Since January 1 Low High 40 bl2 common Canada High ol2 • British Brown Canada Low 5'V 3.75 25 -Sheep Creek Gold Shlrriff's * 5%C * - common Jan Jan 87 Andian National I ; Rouyn 133i 1,325 Jan 14 * Preferred 2.27 Sales Last 1 A Co 12-% 18 7b 9.80 1 Mines Jan Funds Sale Price Canadian Bridge Scythes & 18% 4%c Feb 99 ' Sennorm 3%c 9.05 271/2 . St Lawrence Paper 1st preferred 2nd preferred San i334 49 2.07 Exchange-Curb Section Canadian Jan preferred Jan 1 Zinc Mines Yellowknife 6.500 5%c 34 Jan 9.05 1 preferred.. 2nd 12b 11c 4%C 34 1 Feb 9% 9.05 18% Feb 100 Jan 46 895 • common Lawrence Corp common Jan 32V4 • 1 common Par St Jan Jan 4%C Jan 27% 13c Jan Jan 50% Jan Feb Jan 4c 27% 414c 7%c 6 8c 1 Electric Jan 27% 2.40 44 27% 1 9.50 38',2 Jan Jan 46 1 Jan Jan 5»2 Feb 7%c ' Roybar Chlbougamau Rupununi Mines SVaC -50% 100 Wriglit-Hargreaves Yale Feb 70c • _ _ 8.75 36 Jan * common—a——* Preferred Jan 10 Royalite Oil 7c * 1 Winora Gold Jan 31,952 * Eank 35c 5,000 20 Grocers Winnipeg Jan 87c * ; 5,000 30c 1 Ashley Minerals Wlngait Gold Jan 1 common 1,000 40c 25c 1 Products Jan 47 1.10 * „ 812C 35C • Wiltsey-Coghlan Jan 84c 78c 8'2C Jan 1 Robinson (Little). • Jan Jan 25c • , Preferred Jan 1.90 1.04 ... 1 Oils 1334 Jan 86c _1 Robertson Mfg common Rochette 17% 0 1714 Jan 1.71 • Reeves MacDonald Long 80c 47b Jan 121/2 1.07 __1 Regcourt Royal a 15% 1,405 4.600 1 Qoemont Mining Quesabe Mines Ltd Roxana 88c 471 2,240 8 1 , Queenston Gold; Roche 1812 17 Wt Western Jan 1.84 13', & Western Preferred Power (G common Westeel Weston Jan 35c • <Hiram) Wekusko Feb 1.95 3.30 1.84 Amulet Waterous 26c 1 — Mines Oils Walker Jan Jan X Jan 1 ,u_— —— Viola-mac Vulcan Jan 86c 1 River- 31 %c 24!2C 3.25 1 Reef 2,000 50,000 5% * — Gold 5c 22% 24%C Mines 19c 6%c 1,400 10 10-'% 225 Jan Jan 68 »/2 -42 V2 c Jan Jan 6c Jan 8c Jan 8% Jan 11% Jan 37 38 (590) THE COMMERCIAL & CHRONICLE FINANCIAL OVER-THE-COUNTER Monday, February 6, 1950 SECURITIES Quotations for Friday, February 3 Obligations Of Government Agencies Investing Companies Mutual Funds— Par Aeronautical aecunties Affiliated Fund Amerex American 1% Corp___. Business .10 Ask 6.04 5.51 i Inc Holding Bid 4.25 34'/2 4.60 Par Bid Loomis Sayles Mutual Fund—*. t-oomls Sayles Second Fund_10 97.99 99.99 47.33 48.30 Mutual Funds— 4.44 Automobile lo 3.52 1 8.01 8.66 16.53 4.09 4.51 3.39 3.74 Furnishings shares—lc 3.90 4.30 lc 3.24 l 3.92 7'/a 6 ft Home Holdings Bond In? Tr l Ccrp America of Street 3ft 23.04 9.06 9.07 I 17.11 18.50 ~1 Bullock Fund Ltd 101.63 21.31 10c Corp Invest 97.56 l Bowling Green Fund Inc Broad 2% • Boston Fund Inc 19.31 21.16 Securities lc lo 4.16 investment lo 4.11 Manhattan Bond Fund Ino_lOo Mass Investors Trust— 7.47 Eaton Interest—l 28.36 13.94 Mass Investors Snd Fund Inft_l Mutual Fund of Boston Inc—1 14.09 15.32 Mutual Invest Fund Inc 14.65 16.20 4,350 6.35 16.03 1.56 1.71 Preferred 20o • 4.04 27.40 4.25 29.62 Income 10 1 lo series stock 1 1.98 31% 5.38 2.17 33ft 5.97 6.09 Stock 7.54 6.53 6.80 7.43 4.48 1 4.82 15.70 Agriculture Automobile 1 16.39 17.72 Automobile I X6.51 57.31 Aviation 1 X7.32 8.02 5.09 5.50 1 xll.03 Int. Rate Bid 1955-1953— Oct. 1, 1957-1955 - 99.30 - 101.30 102.6 100.3 100.7 Bid Ask 100.4 Price Ask Maturity— Certificates 1%% 100.0548 1951 .0771 100 indebt of tlfts June lOOA (cont) — 1950 1, 100.0378 .0473 10032 100 1%% 1954 15, y ,100.0440 ' .0560 100.0121 .0483 tl fts Mar. 1, 1950 100.0277 .0405 11 fts Oct. 1, 1950 99.9874 .0003 $1%S Apr. 1, 1950 100.0353 .0577 tl'fts Jan. 99.9765 .9944 InaeDtednesa— of Bid Sept' 15, 1950 Ask 1, 1951— Federal Intermediate Credit Bank Oebeniures Due Bid Ask 6- 1-49 3- 1-50 bl.25 1.15% 1.55% 7- 1-49 4- 3-50 bl.30 1.15% 1.35% 8- 1-49 5- 1-50 bl.30 1.15% 1-50 bl.30 Dated Rate supply Building 1 X8.83 10.97 9.68 7.16 7.85 Chemical 1 xll.76 6.35 6.97 1 xlO.54 Due 6- 1-49 9- Ask 3-49 7- 3-50 bl.30 1.15% 1.30% 1.35% Bid 1011- 1-49 8- 1-50 bl.30 1.15% 12- .1-49 9- 1-50 bl.30 1.15% 1.30% 3-50 10- 2-50 bl.30 1.15% 1.30% 1.15% 1- 2- 1-50 11- 1-50 bl.30 1.15% 12.99 lo Dated 1.30% 1.30% 12.09 stock_H Bank xlO.Ol 11.50 lo 6.03 6.62 Corporate bond series Diversified Industry 1 X4.07 4.46 Building shares lo 8.01 8.78 Diversified Investment Fund-1 xll.25 12.33 Chemical lo 6.68 7.33 Diversified xlO.47 11.47 shares lo 10.13 11.10 1 X9.92 10.87 lo 5.04 5.54 insurance 1 12.95 14.19 Fully Administered share8_lc 7.35 8.06 Machinery 1 xlO.12 11.09 lo 7.81 8.56 Merchandising 1 xll.01 12.07 : shares Aviation shares— Electrical Equipment shares Food General bond shares.. preferred stock—1 Electrical equipment stock Industrial Machinery shares lc 7.07 7.75 Metals Institutional bond shares—lc 9.44 9.91 oils 1. X15.66 17.16 Investing Company shares.-lc 8.85 9.70 Pacific Coast Invest Fund 1 11.84 lc 6.02 6.61 Priced Low shares— lo shares Merchandising Mining shares—. lc shares RR 8.26 9.05 1 Public Utility Railroad X8.49 xlO.80 9.30 1 x8.44 9.25 1 X5.62 6.16 5.26 5.77 Railroad equipment 1 X6.23 7.66 8.40 steel 1 X8.07 2.53 2.79 Tobacco 1 xl 1.37 lo 3.73 4.72 5.18 Petroleum lc 4.96 5.45 Putnam lc 4.71 5.17 Republic lo 6.20 6.80 4.57 4.94 Bond stock Railroad shares Steel shares shares Tobacco Utility shares...^ Inc 10c Institutional Shares America of Co 9.61 i.io 16, 1950 Feb. 23, 1950 23, Mar. 2, 9. Mar. 16, 6, 1950— 30, April 13, 1.02% bl.13 1.04% April 1.05% April 27, May 4. 1950 bi.i3 1950. 1.06 ft bl.13 1.06 ft bl.13 ! 1950 1.06 ft bl.13 1950 1.08 ft 1950 — 1.08 ft 1.08 ft bl.13 — bl.13 bl.13 1950- 20, Ask bl.13 1950 1950 bl.13 . 1950 Mar. Mar. 1.02% _ _ 13.84 10.69 10.97 79c 87c Boston 1 8.16 8.94 Investors Management Fund of 1 14.94 15.28 Trust Custodian Keystone Funds— • 1 27.58 28.85 1 24.13 26.32 B-3 (Low Priced Bonds) 1 (Speculative Bonds) 1 pfd Stocks).,—1 (Appreciation pfd Stka).l (Quality common Stks)_l (Income com Stocks)—1 (Appreciation com Stks)_l (Low Priced com Stks)_1 17.07 18.62 B-4 B-l (Investment B-2 (Medium Bonds) Bds) Grade asset 17.19 2.72 Par value).* 52.50 2% shareholders Trust of Boston—1 Sovereign Investors 52.50 II.05 11.96 21 ft Street Trusteed 10.12 11.05 K-l (Income 16.02 1.10 ft 22% 23.50 30.07 25.64 32.80 15.46 16.87 12.40 13.53 53.50 56.50 1 11.22 12.23 Brooklyn Trust 74c 82c Central Hanover Bank A Trust 20 25c 8-1 8-2 8-3 8-4 Lexington 18.60 1 Trust 20.15 * Bank Trust Co 10.65 10.92 10.46 10.67 1 1 1 18.71 19.87 17.07 18.35 3.74 4.06 Unit Type Trusts— County Trust Series Trustee 39ft 44 ft 51 53 Federation 60 62 35 104 10 20 10 Bank A 31 ft Trust National __2.Bo 1 100 7.65 8.80 Industrial Bank of Commerce-10 2.26 2.56 Irving Trust Kings County Trust 4.96 5.42 5.37 Series 1955 l 3.95 2.71 Series 1956 II 2.33 Manufacturers Par - Bid Ask i Par _10 94 98 Home -10 61 63 Insur Co of North America 10 81 84 Jersey Insurance of N Y 20 -10 American Alliance American Automobile Bid 24 ft 4 53 ft 26 ft Maryland Casualty common $2.10 Prior preferred. 35ft 104 Casualty American Equitable Assur, American Fidelity B 16 17 I 24 25% Casualty.! A American of Newark. 2ft ft 100 12ft 251 43 ft 257 45 ft !S,( ®?3/ 16% 22 ft ft 1 19% American Re-Insurance lo 34 36 American Surety 28 61 63 51ft 54 ft Automobile $1.05 Convertible preferred-5 s 29% 31% 5 31% 4 .10 54 .28 & Shippers — Camden Casualty Hampshire Flre_ 63 ft 66 New York 8 Fire 5 New Amsterdam .10 Boston lo 29 ft 60 22 ft 23% North Fire. 26 9% 31ft ft 62 ft 37ft 39 ft Connecticut General Life— 10 68 ft 71ft 67 ft 701/4 Northeastern 35% Employees Group Assoc Employers Reinsurance * 10 36 38 62 ft 19% 27% Federal .10 67 25 — Phoenix lo Preferred Accident 10 64 Firs Assn of Phiia 10 72 ft Fireman's Fund 10 92 ft 95 ft Reinsurance Corp 8 21ft 22 ft Republic of Frisco Flrtmsn's of Newark Corp 99 103 5 5% 6% lo Providence-Washington (N Y) 35 ft 37 ft 7ft 32% 33% 99ft 103ft lo 31 ft 33% Seaboard Surety 56 52 ft 54% 10 10 10 x53 8 Falls Republic 36 46 'ft 38 40 100 445 460 preferred 18 Great American _ft. 10 — Hartford Steamboiler 37 Portland First National 12ft Bank 20 United States Natl Bank 73ft 76 59 61 49% 51% ^ San Francisco Bank of Amer N T A 8 A—12ft Power Delaware A 2%s Maine Pub Serv 104ft N 102% 103ft Indianapolis Pwr & Lfc 27fts_1979 103 ft 103% Light—- 1979 mortgage 27/«s 3s._1979 Transmission 8s_ 1963 104 Pub Ser A 104 ft 105 ft 52 redeemable 106 ft Co— 1st pfd—25 A Lgt 4ft % pfd—100 28% 28 ft 106ft 107ft (Colorado) 4.40%—100 126 128 pfd_IOQ 107 Diego 4 ft % Gas A G—100 106 Elec— preferred 20 21% 21% 6ta ten Island Edison— loo 107 108ft 100 preferred 106 107 105 • 55 ft 56ft • pfd Elec $4.75 preferred series 4.90% IO0 $2.20 Pow ft Rochester Gas A Elec— Ask San Cen Ariz Lt A Pwr $2.00 pfd_50 preferred (series 1949)—.100 & Pub Serv of Okla 4.65% Bid Valley Gas A Elec— preferred 100 Lt $4.80 pfd Gas 20 * Gas— A 103 ft Blackstone 4.75% 4ft% Pacific 37% 103 105 ft. 102 % $5.50 Elec State 104% 104ft 3.90c . Y Penn Pow Stocks— Conn 19% 100 ft 105 ft' $4.25 pfd_.—20 100 1978 Power 2%s Public Serv of Indiana 101ft 103% Service Co 2%s——-1969 Kansas Power A 36% 1999 105% 1 pfd_30 51% 51ft 1984 j — 107 ft 106 pfd—50 Kentucky Utilities $4.75 pfd_100 • 2%s Conn Lgt A Power —100 preferred Electric Ask Light— Iowa Southern Util 5 ft % 27/as_1979 Power 4.28% Bid Par Stocks (Continued)— Ask 103% 48 ft 10 8 ma Hartford Fire 295 52 ft 53 Tenn Gas $4.65 Transmission— preferred 38 Globe & Rutgers Fire common_5 Hanover Fire ->5 102% Maine Central $2.04 preferred _lo 10 12 ft 13% Security (New Haven) Springfield Fire & Marine 14% 16% Standard 30% 32% Travelers U S miobe ft 20 Peoples First National Bank & Trust Security Issues Central Hudson Gas A Elec— 2 10 12 Mi (Texas) 275 , Hartford Tenn Gas 17% '75ft St Paul Fire A Marine General Reinsurance 15% 100 & Trust - 103ft 2"%s—1979 61 ft Fidelity ft Deposit of Md 68 8ft 137 10 Indemnity Co Casualty Co Peerless 295 Mellon Natl Bank „ 106ft 1st 116 Pacific Fire Farmers Deposit Natl Bank—100 103 Gas Pacific 37 ft. l 105% Power Oregon Duke 7ft 36 t 1874 47% 18 ft 3.33ft . Pittsburgh Telephone of Pa Sa Bell Calif 43 ft 26% 12.BQ Co 10 National Bank of Detroit 103ft 37% Ins 38 102% 45% 2.50 Northern lo 10 36 ft 1979 41ft —5 River. Continental Casualty Cram ft Forster Inc 2 lo 10 2%S--_. Tel Associated 102 New Bankers (Detroit )..lo 320 305 nPtrftit 8 Bid Commonwealth Edison—- National Union Fire 41% 89 660 630 Recent 33% — ft 12 100 , 20% lo Massachusetts Bonding Merchant Fire Assurance National Casualty National Fire 85 7ft Bonds- 8ft 33 31ft 100 35 ft. 18% 21 39% 25 50 ft 24 ft 20 Bank Co Trust 55% 108 Merchants ft Mfrs — American 625 ojo Ask 74 Agricultural 6 43% 53% United States Trust 71 Life Surety 1,475 20 Title Guarantee A Trust -10 Aetna A 300 31ft 18% Co Trust Sterling National Casualty 350 fif)0 100 City Bank National 33 291 28ft. Public Nat'l Bank A Trust_17ft Companies 21 ft P) A Co Inc Morgan (J Insurance 335 100 Co National Cleveland 1,275 10 17% 100 1,435 25 41% Lawyers Trust 2.48 North Amer Trust Shares— 'Trimt 107 100 1.215 Bank National City Bank Aetna 100 Savings 214 Cleveland 37 Nef«Y^k»7^8t-U-Z-SCr-:-7^ Aetna A 87ft. 85 207 J Empire Trust 4.90 Insurance Trust Nnrthprn Northern Trust Co Central 7% 6% ,_ie 50 N Y) Guaranty Trust Shares— E 37ft Co (White Plains, First Independence Trust Shares 99 96 42 ft Stamped Corn Exchange Bank A Trust.20 Fiduciary Trust Diversified Harris Natl°nal Baak * Tru«_-J3tt Continental Bank & Trust— 7.53 l 1 United Income Fund Sharea Wall Street Investing Corp Wellington Fund Whitehall Fund Inc Wisconsin Investment Co 100 200 Commercial National Bank A 6.58 Union Preferred Stock Fund—1 Union Common Stock Fund First National Bank 20 1 — & 100 154 4414 148 15 Bank Chemical 1 Series B Ask B'd Continental Illinois 10 Chase National 22.06 25c Fund Trust 100 1 1 Fund Knickerbocker !?0 ; City Natl Bank A Trust 9™ inr R.n",'.thT*y Industry Shares. Par Chicago 6.75 Union Bond Fund series A 27% Companies Ask 26'A Co_10 Manhattan Corp.* Investment Bid York of the 6.17 17.47 K-2 New Bank 1 Television Fund Inc Series C Investment (net 15.99 I.-2.48 Banks & Trust 22 1 Fund 15 1 Fund Investors Inc B 1.21 12.63 1 and Bond Group Investment 8.77 Trading selected Amer Shares State Group shares Group shares Insurance Group shares Stock 24.82 Ltd— Aviation Bank 1.93 22.96 lo ..lc lc lc Investors 1.78 6 Fund Income Foundation Incorporated 21 A (Geo) Fund Howe Plan Fund Glens Bid Mar. 0.95% April Feb. Scudder, Stevens A Clark 1 bl.13 1950_ 9, 4.10 lc Feb. Treasury Bills Ask 12.46 Equipment shares Bid 8.84 lc United States 6.83 lo shares Petroleum Railroad * 1, 1%S 7.13 53.30 le shares 1953-1951— Feb. 100.5 120ft 16.88 1 1 Group Securities— Agricultural shares 1961 1.55% 1 Inc— 1 Trust 100.2 119ft ——— 3s 1850 I, 1, tMar. Rate England Fund Investors 1953— Treasury Notes— 4.34 6.67 York Stocks General 1, 2 fts Dollar 3.96 3.97 New Inc Ask 99.30 100.2 lfts Jan. Maturity— 7.14 3.62 New Fund 99.26 5.27 6.53 5.83 Capital Corn Bid 1952-1950— 3.31 __l Industrial Stock Series 16.81 Industries point 4.90 3.03 Selected Group Series 1 Low priced com Stock Serlee 1 5.32 Gas a U. Si Certificates of Indebtedness 7.14 1 Stock Series, 6.90 1 Series 15.34 General 1, Canal Csrtrtlcatss Speculative Series lo stock series 10.54 1 Series Series Fundamental Investors Inc—_2 Common 9.75 15.33 1 low priced Bond 19.77 Corp.. 14.28 1 29.43 18.49 Franklin Custodian Funds Inc— Preferred 1 Bond series- 27.52 First Mutual Trust Fund 1%S Feb Pahama JOct. Balanced Fund National Investors Corp National Security Series— 1 Industrial Fund Inc_l Boston First Nation-Wide Securities— —1 Equity Fund Inc Fidelity Fund Inc—. Financial 1 141 5.84 Fund 100 Central Bank for Cooperatives— {April 14.57 of Bonds- 1, lfts May 100.3 30.66 beneficial of 16.45 Howard— A Stock Fund 100.1 wi 1951 32nds more 4.43 39.42 1 Shares 15, or Other 8.19 4.02 15.71 2Bo Dividend l%s Feb. I960 one Federal Land Bank 4.53 : 36.66 1 Fund 15. Ask 100.1 4.59 Steel shares 12.89 100 4,200 100 136 com Preferred Commonwealth Balanced 3.88 1 Fund Delaware - 1 Century Shares Trust Christiana shares Non-Ferrous Metals Paper shares Petroleum shares Ctfs Chemical fiPDt. SRo Bid 99.31 1950 15, 3.58 1 Beneficial Corp Blair Feb 1.256 4.15 15.21 Business Equipment shares_lc Electrical Equipment sharss-lo General Industries shares—lo 3.76 • Shares Axe-Houghton Fund Inc Axe-Houghton Fund B Banks— Federal Home Loan J Managed Funds— 36 Figures after decimal point represent Ask Fidelity & Guaranty Co_2 52 ft 54 ft 36 ft 38% U S Fire 4 66 69 10 83 87 •No par 22 ft 24 11949 Accident a 95 ft 116 36 ft 121 38 ft U S Guarantee Westchester Fire - X Odd lot sale change. n sales (not N. Y. Stock Ex¬ year's range). t Ex(Un) Admitted to Unlisted Trading privileges, wd When delivered, wi When (not included in year's range). b Big yield price, d Deferred delivery year's range), e Ex-interest, f Flat price, k Admitted to listing Admitted to trading N. Y. Curb, r Cash sales (not included in Included in liquidating dividend. Issued, x Ex-dividend. z Ex-stock dividend. tin default. iThese bonds are subject to all Federal taxes. adjusted (50% 6tock div. paid on Aug. 31). value, range y-Ex-rights. on Volume 171 Number 4879 THE COMMERCIAL & FINANCIAL CHRONICLE (591) THE COURSE OF BANK CLEARINGS Bank clearings this week will Preliminary figures compiled by cities of the show based us country, indicate that for increase an compared with a the corresponding week last total stands at $14,207,579,255 against $14,106,240,515 for there is a ago. Third telegraphic advices from the chief upon week ended Saturday, Feb. 4, for all cities of the United States for which it is possible to obtain weekly will be 0.7% above those of the this center 1950 Our year. the 2.1%. Our by Telegraph 1949 $7,453,002,874 $7, 296,424,012 ♦610,000,000 — 594,357,256 + 2.6 893,000,000 871,000,000 + 2.5 Boston T — 440,593,652 424,839,388 + 3.7 _ _ _ _ 244,224.698 272,200.000 . San Francisco 281,800,000 283,294.679 Cleveland- 322,608,120 Ten cities, five 3.058,035 2.9 2,400.358 4,596,559 9.7 4,300.249 2,256,792 4.3 3.210,330 1,869,679 3,267,752 7,098,641 6,212.415 cities, + 3.7 $13,671,708,449 $13 ,395,874.394 j. mwrr issue our exact details for the of next week. We week covered cannot Saturday and the Saturday figures cases able are to give final and complete results of the For that week there ings for the whole country having in the week in same 1949. District of "decline of in the was a York week of week going to -by 0.8% but in in the Atlanta credit the In was District of 3.4% Cleveland Reserve Richmond Reserve District 12.7%. — the week we furnish a summary SUMMARY Federal 1st 4 Reserve the and totals in totals the are 3rd « New Philadelphia York register are larger by 520,513,062 9th Kansas 6.3% - City San Total Outside • New We - York now add our 521,54'3,'460 504,402,080 468,672.438 372,311,376 434,937,862 728,718,937 — 290,178.399 13,936.046,628 14,016,291,039 1,353,776 + 4.2 518,074,646 423,990,606 13.0 255,339,056 213,941,497 1.8 786,353,358 — 1949 $ 1,835,008 3,581,837 4,413,478 450,593,770 1,856,897 628,473,038 0.6 + 14,057,074,153 13,170,420,563 2.3 — 6,785,355,141 6,010,873,563 Inc. or Dec. r/o 1,491,586 878,368 828,905 —26.2- 1,558,974 7,447,743 1948 1947 $ t 7,243,644 1,560,259 1,362,033 5,383,550 3,776,294 3.2 438,372,012 424,811,601 + 24.5 1,514,584 1,248,449 6.0 735,477 Total (12 cities) 1,458,466 1,518,776 '+ 5.2 2.8 7,498,535 + 10.7 4,716,449 4,536,999 —10.7 12,127,070 —17.6 10,127,438 10,332,610 28,689,900 3.2 25,709.700 24,424,600 —21.7 1,090,267 1,065,112 1,361,161 538,937,734 + + — 3.4 23,376,723 23,600,782 1,118,477 521,543,460 504,402,080 Second Federal Reserve District—New York- 26,513,269 Binghamtor. ""A- 19,410.474 + 36.6 17,007,726 2,586,260 79,103,935 2,145,547 1,781,914 + 20.4 1,918,882 1,940,079 Buffalo— 3,036,361 83.757.073 » 1,797,855 + 7.9 1,815,067 7,062,766,650 7,298,037,060 3.2 7,271,719,012 Jamestown New York- Rochester 2,856,;517 8035,194 2,413,675 , , 75,922,899 1,494,932 1,436,444 7,159,547,000 18,276,982 .+ 3.9 17,733,764 16,582,144 13,075,247 + 14.8 13,197,705 12,974.634 11,765,229 11,738,764 + 10.5 12,461,904 667,485 - 10,217,670 576,750 + 15.7 663,269 761,037 2,7 37,777,456 42,016,151 39,030,166 — 40,128.597 48,667,812 Northern New Jersey Total (12 cities) — 5.9 15,014,454 e _ Jersey—Montclair Newark + 18,022,052 18,980,014 Syracuse. Connecticut—Stamford New + 17.4 — Elmlra, 62,373,865 181,700,000 7.7 16,553,301 56,893.536 195,500,000 + 10.8 3,314,826 2,864,678 3,859,026 1,906,162 83,783,060 89,835.798 79,817,780 105,685,088 7.9 84,248,028 6,438,164 —12.0 5,883,356 349,344 + 32.4 292,502 126,754,569 + 17.0 5,652,059 337,359 108,196,062 108,272,477 623,733,238 + 12.7 548,608,270 558.627,500 — 982,675 1.8 I,318,668 8,449,730 1,192,780 + 6.1 5,432,070 4,930,349 10,148,053 5,127,954 + 5.9 4,494,387 1.0 7,703,073 6.269,326 5,729,124 56,541,000 + 2.0 4.603,091 56,287,000 5,499,539 24.3 45,403,000 + 2,186,312 5,330,196 2,467.493 63,631,358 3,174,174 —11.4 2,946,448 25,113,172 11,470,376 11,437.185 933,794 Chicago 1,032,328 676,167,418 ; Decatur. 679,733,176 — 4,981,898 — • t 53.740,500 30,948.173 — 7.2 3,853,729 + 10.7 3,372,817 31,196,596 24,579,012 0.3 — 13,718,447 9.6 1,217.440 834,476 0.5 + — 734,191,734 654,459,418 2,857,071 2,563,188 + 12.8 3,250,012 9,230,273 + 3.2 3,838,156 4,081,527 2,935,490 889,170,443 t 0.9 9,523,695 Total (17 cities) 4,368,719 + 2,892,046 „ 10,580,907 II,151,858 9,364,403 6.0 4,283,747 4,101,221 —17.3 3,000,305 2,772,767 0.2 942,911,796 813,410,254 — 886,982,160 + Eighth Federal Reserve District—St, Lonis— Missouri—St. Louis 280,000,000 242,800,000 119,325,985 2.7 105,405,217 86,161,292 1,329,611 506,889,115 275,400,000 6.8 + 21.3 108,885,160 1,613,237 + 15.3 + — 111,779,360 105,949,893 Total (4 cities) 1 464,794,131 Federal Reserve 1,705,929 234,200,000 111,659,850 84.458,592 1,571,494 9.1 468,672,438 431,889,936 5.6 49,196,151 7,315,493,544 7,535,709,989 — — Minnesota—Duluth Minneapolis ' 4,733,113 Federal Reserve 5.034,670 210,559,191 83,276,345 4,058,378 + 30.5 69,596,618 5,712,055 3,139,030 —30.4 5,278,638 3,526.260 2,419,470 7.5 2,688,005 8,549,224 330,880,755 „ 4,930,552 263,766,072 2.6 2,599,851 Helena 6.5 — 2,183,825 Montana—Billings — 84,298,803 5,427,444 Dakota—FargoDakota—Aberdeen 240,948,805 8,508,898 North 5,016,496 225,344,236 82,083,388 St. Paul 348,430,206 — 48,450,222 45,062,664 2.9 7,509,836,718 7,385,241,897 — + — — 0.5 8,412,087 2,762,272 2,460,077 8,051,897 5.0 372,311,376 303,743,363 District—Kanaaa City- Nebraska—Fremont 422,566 360,619 361,618 344,433 5,711,138 5,171,539 Lincoln + 17.2 + 5.0 456,655 317,728 522,134 + 10.4 357,042 6,366.171 + 10.0 6,164,096 125,237,113 103,936,341 5,742,121 10,837,503 284,554,780 10,464,393 110,968,413 Pueblo Total (10 cities) 2,042,251 5.7 1,794,384 8.0 1,392,276 344,487 1,272,115 453,068,008 Colorado—Colorado Springs 11,188.903 1,925,727 1,938,208 St. Joseph 9,927,895 296.456,973 10,780;14Q Missouri—Kansas City 6,777,749 10,892,870 303,683,284 Wichita 100,873,116 6,384,044 Kansas—Topeka 434,937,862 4.2 518,074,646 423.990,606 5.8 5,768,346 9.7 — 10,943,281 354,694,592 2.4 3.6 + 11,092,503 1,601,575 Eleventh Federal Reserve District—Dallas— Texas—Austin 7,414,303 5.681,352 + 30.5 274,154,590 Dallas-— Fort Worth 5,118,399 248,103,883 18,956,400 + 10.5 5,360,699 217,286,000 17,959,996 4,839,000 2,555,080 172,927,000 25,763,479 Galveston Wichita Falls 5,458,000 4,987,000 5,266,525 9,266,230 327,971,336 Total (6 cities) 3,183,534 9,914,439 Louisiana—Slireveport 290,178,399 + 35.9 + 9.4 21,697,795 7.0 7,580,581 4,333,000 2,493,492 7,129,511 + 13.0 255,339,056 213,941,497 —34.6 + Twelfth Federal Reserve District—San Francisco- Washington—Seattle 111,039,678 Yakima Pasadena- — 53,249,834 — 13,558,304 Beach 10,928,390 10,225,085 San Francisco | San Jose 8,693,456 374,667,100 391,109.738 9,998,870 Santa Barbara Stockton Total (10 8,885,957 3,811,645 Grand Total (112 cities) Outside New York {Not available. 3,647,019 7,293,218 715,814,437 cities) 'Estimated. + 3,102,627 131,940,002 51,699,861 Utah—Salt Lake City California—Long 109,868.696 2,265,648 131,697,276 Oregon—Portland 6,850.970 1.1 + District—Minneapolis- 7,140,208 4,895,334 23,898,904 520,513,062 York—A'bany 4,356,530 — + 20.4 64,178,470 531,251 + 9,988,941 . 15,951,893 3.6 + 22.0 2,901,445 Hastings 29,611,600 . 10.7 t + 97,138,973 . Illinois—Bloomington Tenth 5,418,524 Hampshire—Manchester 17,941,022 57,681,000 . city for the 21,341,113 Island—Providence 362,324,676 965,040 Sioux City__ Total (7 cities) for each —18.8 — __ Connecticut—Hartford New Rapids Des Moines"- South showing the figures 436.328,509 New Haven 52,368,259 407,344,359 27,795,238 Iowa—Cedar Ninth + ■ 6,718,253,979 Springfield New 59,312,958 6.3 + 8.966,715 . Wisconsin—Milwaukee I 303,743,363 1,640,642 Rhode 207,743,770 District—Chicago- Omaha Worcester 182,990,788 8.0 + 12.8 + 431,889,936 5.0 Portland--'— : 3,034,637 113,020,760 3,181,303 6,836,874 362,324,676 348,430,206 First Federal Reserve District-—Boston 1 8,432.000 125,274,668 + 15.2 67,968,103 194,200,000 702,983,899 South Bend Terre Haute 407,344,359 558,627,500 $ — 414,590,554 9,733,000 0.7 148,273,556 813,410,254 1950 Lowell 64,045,792 2,331,568 1.7 + 462.457 Kentucky—Louisville 548,608,270 Clearings at— New Bedford- 207,158.429 2,245,326 + 5,667,524 Tennessee—Memphis Illinois—Quincy 942,911,796 detailed statement Fall River--- 3,363,889 97,305,596 Lansing "Indiana—Fort Wayne Indianapolis 719,693,521 Week Ended Jan. 28 , —14.7 2,352,715 10,701,000 126.968,729 3,215,681 'Grand Rapids 824,682,195 9.1 6,873,279,978 Massachusetts—Boston— 719,693,521 Michigan—Ann Arbor 7,385,241,897 0.2 715,814,437 . 814,536,301 116,904,379 Seventh Federal Reserve 911,542,375 + 12.7 453,068.008 , 0.8 70,381,538 cities) 814,536.301 + 327.971,336 —. 823,383,164 19,852,188 Orleans 0.8* + 44 Maine— Bangor— 5,333,542 256,187,066 72,238,139 Florida—Jacksonville 7,509,836.718 464,794,131 week ended Jan. 28 for four years: f 278,506,622 236,900,000 4,020,980 1.1 •+6.3 44 City__ 2.8 — $ 330,880,755 112 cities — 1947 886,982,160 44 10 3,873,072 290,598,676 District—Atlanta— Peoria 623,733,238 44 6 * Francisco. 4,291,270 5.047,553 223,763,277 Rockford Springfield 506,889,115 7 Federal Reserve Total (10 its 889.170.443 44 44 .10 9.1 5.6 3,874,565 Mobile and to % 2.9 — 414,590,554 1948 22,587,800 + 2,006,845 Columbia—Washington Louisiana—New smaller 702,983,899 4 llth Dallas 12th 823,383,164 44 ..17 ——» Louis Minneapolis 10th — 440,681,038 10 Chicago St. — 925,894.665 44 6 6th Atlanta 7th 7,535,709,989 915,721,861 44 7 or 3.4 — 816,859,130 • Richmond 538,937,734 7,315.493,544 «* - • 8th Inc. Dec. 5.562.200 158,369,661 267,780,180 + 2,426,442 $ 5.803,829 184,919,568 307,209,559 28,757,900 10.5 , 4,396,495 10,886,000 Mississippi—Vicksburg a CLEARINGS 1949 44 12 — 4th Cleveland 6th BANK 1.9 0.4 0.4 — 6,284,482 127.912,212 Alabama—Birmingham Philadelphia by Federal Reserve Districts: $ _12 cities — District—Richmond— Macon £ - it this Chicago Reserve District has 1950 Districts Boston 2nd OF — 4,795,510 accord- gain of 0.2% and the St. Lotiis Reserve District of 9.1%, but the Minneapolis a loss of 5.0%. In the Kansas City Reserve District the totals show an increase of 4.2% and in the Dallas Reserve District of 13.0%, but in the San .Francisco Reserve District the totals record a decrease of 1.8%. Week Ended Jan. 28—• 6,826,252 178,987,072 306,877,487 29,412,700 6,634,621 Georgia—Atlanta further below Reserve District suffers following 824,682,195 282,335,925 Nashville has to be estimated, District the totals the The a In the 911.542,375 6.693.495 Tennessee—Knoxville gain of 2.3%, the bank a (including this city) Reserve District by " $13,936,046,628 against $14,016,291,039 Reserve the Sixth press. previous District 2.9%, in the Boston Reserve District of 1.1%. 1.1 appear the as decrease of 0.6%, the aggregate of clear-" amounted to Outside of this city there New 7,779,586 925,894,665 Total (6 cities) center having recorded a loss of 3.2%. We group the cities ing to the Federal Reserve Districts in which they are located and from that 6,868,849 178,317,239 Virginia—Huntington 0.7 + present we clearings at this appears + 11.5 305,591,040 32,491,300 Augusta statement, however, which we 5,480,097 District—Cleveland— Maryland—Baltimore ' ;; inasmuch not available at time are above the last day of the week in all In the elaborate detailed ending Jan. 28. 2.1 by the foregoing will furnish them today, .Accordingly, in the i West 24.6 $14,207,579,255 $14 ,106,240,515 ♦Estimated in + 18.0 915,721,861 Virginia—Norfolk Richmond—:— South Carolina—Charleston day Total all cities for week— ends + 7,531,605 440,681,038 — 710,366,121 Complete and 3,394,516 8,884,866 6,109,528 , Federal Reserve 1.7 2 ,499,800,300 cities, five days one 3,540,012 Jersey—Trenton Fifth + 1.863,818 794,000,000 — + 10.3 $10 ,896,074,094 cities, five days Total all All days 879,000.000 + 36.6 778.465 1.099,944 — 12.1 — 200,179,640 1.5 Total (7 cities) __ Baltimore 2.674,932 — 894,000,000 1,109,929 816,859,130 13.8 — 2.1 812,697 2,310,169 Pennsylvania—Pittsburgh + 12.1 328,695,980 1,010.709 2,375,487 Mansfield— Youngstown 3.4 — 331,945,000 10.0 4,980.732 Fourth Federal Reserve — Pittsburgh 27.4 + 3.245,523 Cincinnati. Cleveland Columbus 3.0 + 954.831 + — 2,085,630 Ohi?~Cant0n City St. Louis Other 2.1 + , $ *■ 4,834,480 % __ Philadelphia Kansas 2,796,511 9.3 — York Total (11 cities) 1950 1947 $ Wilkes-Barre ' 1 New York Chicago 988,684 Delaware—Wilmington Week Ended Feb. 4— 1948 Scranton New Clearing?—Returns 950,574 1,087 476 Philadelphia— Reading comparative summary for the week follows: 1,210,916 2,788,494 881,000,000 , Chester At 1949. or Dec. % 1,086.290 Lancaster preliminary Inc. 984.936 Bethlehem clearings $ District—Philadelphia— Pennsylvania—Altoona clearings week in same gain for the week ended Friday of Federal Reserve 1949 * year 39 Week Ended Jan. 28 14,016.291,039 6,718,253,979 119,985,822 99,715,223 3,341.045 0.2 3,304,720 152,753,728 2.9 51,648,220 9,021,520 95,166,560 40.986,690 + 24.1 + 17.6 — 4.2 + 12.5 +• 4.5 728,718,937 13,936.046.628 6,873,279,978 t.l —26.9 7.586,293 420,556,542 8,775,080 4,579,352 7,639,473 6,336,986 355,793,652 9,853,154 3,077,971 — + 6.1 8,105,756 6,598,609 1.8 — 786,353,358 628,473,038 0.6 14.057.074,153 6,785,355,141 13,170,420,563 6,010,873,563 2.3 Monday, February 6, 1950 Date FINANCIAL CHRONICLE & COMMERCIAL THE (592) 40 Pagu * Company and Issue— just passed: give below a record for the week Drake E.) Lumber Co.," common FEB. TO 1950 27, BANK TO TREASURY UNDER TARIFF ACT OF 1930 1950, 2, > Arizona INCLUSIVE Edison Co.. Gas Baslc ___u _ Preferential" ~'A'~ 1 .174562" "B" Preferential - .206949" - - .138958" 2,231573 Special pound Australia, franc Beleium cruzeiro Brazil - dollar— Canada, .909090 .896323 ,208500 Free Ceylon rupee .0200600 .144938" .002862a .208700 —.. —_ —^ koruna Czechoslovakia, Denmark, krone (Metropolitan), franc— Dominion of, rupee India, Mexico, peso -H5722 .262688 — - Netherlands, guilder New krone Philippine Islands, peso Portugal, escudo *— .0348550 - .327058 dollar Settlements, Btralts krona Switzerland, franc Sweden, pound* sterling 1 - Kingdom, United Uruguay, peso Uruguay — Peso t Uruguay, peso tApplication depend? upon type ♦Nominal, .0200000 .0544660 .909090 .909090 .896718 .897500 .208500 .208500 .0200600 .0200600 .144938" .144938" .0028625 .115722 .262628 2.772896 Gas 12 Federal of • ' ■ . were decrease (- —) since Feb. 2, Jan. 25, -Feb. 1, 1950 5 Assets— Gold certificates for U. 8. Notes - Bonds - Total U. S. Govt, banks R. Notes of other banks— Due from foreign F. items Uncollected Bank + 158,635 44 + 1,280 J. —1,458,444 76,895 66,100 4— 1st Joliet —3.087,754 —4,360.217 91.545 + 426.880 44,663,644 + .658327"* .561797"! .561797"! .425531"! .425531"! creased in all districts, deposits in¬ and demand deposits credited to increased $46,000,000 22,911,182 notes 666,357 — + bank—reserve acct, —3,179,604 112,108 T 16.531.604 U. 6. Treasurer—gen. acct. 636.816 Foreign —-— 917,023 Other 561,250 Member 97,662 16,522 — -r f Inc. ( +) or Dec. (—) Since Jan. 25, 18,646,693 Deferred availability items— 2,241,331 Other liab., incl. accrued divs. 8,249 deposits Total 67,818 143 124 24,948 122 1,806 U. Total liabilities & cap. of note 44,663,644 accts. 4,405 + + + 11,182 ■+• 126,534 — certificate gold 339 213,939 488,173 27,543 __ 21,462 30,367 + —1.225,279 175,367 liabilities re¬ 55.7% combined—. — 0.5% 5.4% + Contingent liability on accept¬ purchased for foreign ances 8,546 correspondents Commitments to make 485 + 24 — ' + 5,214 indus¬ 1,861 trial loans — 194 the following ended Jan. 25: principal for changes Increases of $124,000,000 the week 8. 445 6 4,400 in demand deposits credited domestic to industrial, Commercial, creased $16,000,000 in and New agricultural York City and loans a total in¬ of $10,000,000 at all reporting member banks. Holdings of Treasury bills decreased 8 322 464 + New York there was City and $38,000,000 ih the Chicago District; a net decrease of $51,000,000 at all member banks. - reporting Holdings of Treasury certificates of m- 103 360 this fin issue. 6 .Mar , Volume * . * 465 * 509 * 15 27 20 15 1 170. L. Day & Co., Boston, on Wednes* by R. day, Feb. 1: STOCKS Shares Athenaeum Boston 34 Yarn Fitchburg ($300 Co.. $ per share , 186 pari 43V» common———— DIVIDENDS The dividend Allied Stores Corp., .4% preferred —, + 30 American Forging 87 + 546 + 4,666 Common' 3.220 51 -f 1,184 5% 6,694 62 + 1.183 18 + 2,394 with indebtedness— 24,735 18 782 vault 78 12,237 Bank* Reserve 77 5,162 Federal 5 2.221 domestic banks Balances with 3-16* 2-18 2-16 $1.18% 4-1 3-3 37'4c 3- 1 4- 1 4- 1 4-1 3- 1 2-15 3-15 3-15 3-15 2-20 5-22 (quar.) com. (quar.)—: _ — 95 > — 114 + Metal American preferred 2,473 News 21 American 91 Extra Tobacco Foreign banks Ste°l Corp.— Co. 849 Armco 324 Armstrong Cork Company, 162 + 1,005 456 + 532 Atlas Corporation 10 317 Atlas 270 74 — — 140 preferred preferred Redemption Galls and Sinking Fund Notices preferred and those common list of corporate bonds, notes, stocks called for redemption, called under sinking fund provisions. redemption or last date for mak¬ The date indicates the ing tenders, and the page number gives the location in the current volume (except where indicated) in which given in the "Chronicle." & OF Beaunit Bell Page Date mortgage 4% % Southern Ry.; gen. bonds, due 1961 Apr 12 31 mtge. 47: bds., due l955_Jan mtge.-bonds-, due 1980—Feb *6 & Howell (quar.) iquar.) (N. Corp. Y.) <quar.)_ Canada, Inc. Sl.25 ; Ltd Co., common preferred (quar.) (quar.) Blackstone Valley Gas & Electric— preferred 4.25% preferred Blaw-Knox Bloch Blue Moon Borden Bourne (quar.) Company Brothers (quar.) 6% pfd, (quar.) Tobacco, Foods (quar.) Company ; Hose & Woven Rubber Co. (quar.) Inc., $2.75 preferred (quar.)., Mills (quar.): Brifitol-Mvers Co., common preferred (quar.) 3-15 3- 1 3-15 3-15 3-20 2-28 2-15 2-10 3- 1 3- 1 2-28 Celanese, 3-10 2-27 50c 25c 25c 5c 50c 2-28 3- 1 3- 1 3-1 2- 1 2-15 2-15 $1.20 !62y2C 2-15 3-15 2- 1 2-28 2-15 2-15 1-23 1 1 1 1 2-16 2-15 3- 1 3- 1 3- 1 2-20 2-20 2-20 $1.06y» 25c $1.50 12yaC 60c 50c 4- 1 3-14 3-31 2-24 3- 3 2-25 3-15 2-14 3-25 2- 6 2-15 3334- 3iy»c 12'/fee $1.06y» 50c 2-15 3-21 2-10 2-15 2- 1 $1 2-10 1-26 40c 3- 1 2-14 93ytc 1_. ; (interim) 4-15 4- 1 2--7: 12-29 2-5 Ltd.— -American .deposit, receipt Buda Company 2-15 683/4C (quar.) 4.2% 5.4% 2-10 3-15 3-15 32c $1.05 $1.35 pfd. (quar.) conv. preferred (quar.) Bibb Manufacturing (quar.)—; Black Hills Power & Light—• Common (increased quarterly) British . (quar.) AY*% 3%% RR.— — of America Show of Mills, Boston TENDER Company and Issue— Cambria & Clearfield RyV, gen. (quar.)—; Shippers Insurance Co.— quarterly Ellis Bourjois, NOTICES (quar.) Commercial Increased 1 50c Baltimore Radio Barber, Below will be found a (quar.)__ Allied Products Inc. Bankers 2-10 3- 93^40 $1 40c common Co. Power Bankers 3- 3 3- 1 25c G2yac 50c (quar.) Atlas Tack Ocrp. Avon (qflar.) — Automatic Canteen Co. 20,704 ret', Power 1,214 - 3-15 15c (quar.) 9,327 Borrowings to demand deposit accounts, except Interbank and U. 8. Govt, accounts, 6- 1 75c $1 + $3.75 Sl^e 28Vec 3iy»c 25c $1.12V'a 25c — — + $4 — (quar.) Co. 2,228 Domestic banks common iquar.) (bi-monthly) Co. 17 Interbank demand deposits: Valley Ltd., Co., 4'/a% 269 48,514 15,348 Illinois— preferred*4 quar.) American 991 — of Co. preferred (quar.)— : — $1.25 conv. preferred series A (quar.)— Arkansas-Missouri deposits adjusted Time deposits, except Government U. S. Government deposits and 3- 1 3-15 (quar.) (quar.). Argo Oil Corp. Demand 1st 4- 1 12VL>c 75c & Electric Co., convertible 3-1 2-15 2- 9 3-15 2-14 2-9 Co. Socket <fc Investment American 3-1 2- 6 2-28 $1.75 4»47! 3.428 j—-— 37VaC 25c 37",->c 75c $1 12CjC 3-12 2-21 _ iquar. > pi'd. Co., 7 7 preferred 4%% + 2 54 iquar.i common iquar.) Can American Gas —„ (quay. I iquar.i Brewing Co. American 316 (increased) —— iquar. • Company certificates of Colorado &■ Engineering Co, Co. Gas 50c : — 4- 1 3-15 -2-15. 3-15 3- 1 2-15 4-20 f$1.2S — Company Kid Holdert Payable of Rec. i25c (quar.)__— (quar.) Aetna-Standard When Per Refineries, Ltd.— partic. preferred A preferred 53 Other securities Aroostook wqpk. Sfifiri Acadia-Atlantic Sugar bills Treasury payments shown below were announced during the current 4,455 securities—Total the details were $79,000,000 in 103 1914 preferred stock— 3V±'', In 37 $101,000,000 in the San Francisco District, and increased *258* Feb 14 2—. Auction Sales Transacted 38,077 loans including $456,000,000 banks. 462 190 102 103 Telephone Co., Inc.— 4% bonds, dated 1946 •Announcement Altes loans. Government In 1 422 445 40 150 obligations Treasury notes U. 8. bonds Cash 1,510 — 16 883 Government estate Reserve 10 carrying: for purchasing or in loans, $269,- 000,000 in demand deposits adjusted, and $162,000,000 in United States Government deposits, and a decrease of Corp., Home mortgage 5% Condition Statement of Member Banks weekly reporting member banks of the Federal Reserve System in leading cities * Mar 1 Mar 1 Apr 1 May 1 _Feb 15 Feb Northern Indiana Public Service Co., 5% pfd. stock.__Feb Sharp & Dobme, Inc., $3.50 series A, preference stock Feb Thew Shovel Co., 77' preferred stock—— Mar U. S. Axle Co., 6 7 gold bonds — ; : Mar 1st Allied during week shows Mountain Class Debits The condition statement of 482 1 2019—-_Apr due 4(7 bonds, due 1966 bonds,' due 1950 and 1951—-. Johns-Manville 609 Lisbllitles—. to deposit and F. E. serves, S. Treasury Capital paid in (Section 7) Surplus (Section 13b< Other capital accounts bonds, Co.— serial 3 Va% Allied securities loans Other —4,288,290 .170,623 t Hastingj Square Hotel Co.— 6% 1st mortgage bonds, dated 691 pur¬ Other securities Real 2,466 Capital Accounts— Burplus for obligations Government S. 4,966 - — — carrying: or Other U. dealers and Loans to banks + income mortgage Acme Wire 13,871 chasing 68.153 — 33T Feb 11—. pfd. stock— Co.— Name of Company and agricultural industrial, brokers to Loans U. Ratio Investments—Total Commercial, ' 43,807,455 liabilities Total 100,634 partic. 15 Feb 15 debentures, gold 1949 1950 24,579 —3,551,314 — Co., due Jan. 1, 1966.— 5% gold debentures, due March 1, 1969 5% gold debentures, due April 1, 1958 5% gold debentures, due Nov. 1, 1963 First Boston Corp., 3'V* preferred stock Greenbrier, Cheat & Elk RR.— (in millions of dollars) and Loans 89,679 280,310 Jan. 26, Jan. 18, 1950 Other — Pag)# preferred stock_Feb Inc., 5% ; 4!'a % member banks follows: 185,692 37,062 CALLED ISSUE Distributing & District and a total of $74,000,000 at all reporting member banks. A summary of the assets and liabilities of reporting 647,031 — ** 393 $41,000,000 in the San Francisco loans Deposits: Products mortgage Service 5% 1 in New York City, Loans—gross 7.247 Mar 1974 preferred stock prior Cities 43.903 —4,225,279 Mar series A, due Co., Storage York City and $69,000,- Assets— 175,367 total domestic banks decreased in all districts. Borrowings deb. conv. changes were other six; the principal United States Government District. Dallas 6(1 Date Cable A: Cold General Chicago District, and decreases of $55,000,000 San Francisco District and $31,000,000 in the the 463 463 Company and Issue— 000 in the in 1 1 Chicago, Rock Island at Pacific RR.— member banks; the principal changes of $41,000,000 in New York City and $28,- the in 1973 * * * 5% .658327"! Mar Mar r--_ * Corp., bonds, mortgage 3% Vitrified 2.800625 193 1 Northwestern Public Service Co., 5%% pfd. stock Feb 28 Oklahoma Natural Gas Co., 1st mtge. 27«s, due 1961—_Mar 1 Richmond Terminal Ry., 1st mtge. 33a % bds., due 1965-Mar 1 West Virginia Pulp & Paper Co., 4'aVf pfd. stock Feb 15 1st California 2.800625 __Mar Electric Co.— Narragansett American .232900 * 1 » 1970 19:2 .193329" 2.783750 1 353 .327158 .232900 1,871 — LiabilitiesFederal Reserve 359 bonds, due 1974_Mar 3 .193329" 74,198 + 3,855 — 10*2 15 preferred stock Co., Chain Loans—net assets Total 1 Feb 1961 Feb 16 F.) American 11 — 79 110.073 Apr C due A, stock Shares (B. ENTIRE 2.783750 and B bonds_. _Feb 15 preferred Investors .0348000 19.183 — 207,704 4- Other assets —4,200,302 — 24,520 34.129 premises J2223 Equitable Gas Co.,. 1st mtge. 3bonds, due Firemen's Insurance Co. of Newark, N. J.— .327158 increases of $272,000,000 in New 243,550 +' 26,350 T 358 1 & .0348000 $84,000,.000 in Chicago and a A, series mortgage .496166 Francisco District, and a decrease of $17,000,000 in the St. Louis District. Holdings of "other securities" increased $78,000,000 at all reporting member banks, of which $59,000,000 was in New York City. Demand deposits adjusted increased in six districts and 57,569 — 107,100 18,312,978 38 130.130 2,548,498 and securities— loans Total 335,291 17.855,132 securities. 6,283 -r 3.761,632 6.332,350 657.800 7.103,300 — 121,730 + — T Govt, securities: Bills Certificates 80,271 — 11,487 455,712 2,134 advances and Industrial loans 4,553 34,552 23,163,675 364.123 cash Discounts ;•— 543,243 gold ctf. reserves Total Other 202,001 + increases decreased R. F. 1 notes $ 1 29,999 22,620,432 — fund Redemption - 1949 1950 « 1 1962_Mar Associates— Fuel & .140154" 000,000 in the San Increase { + ) 01 •• Mar due Co. bonds, 3:V,< 2.772896 reporting all at thousandi of dollar*) ' 481 461 Co.— Power .496166 $62,000,000 at all reporting member banks. Holdings United States Government bonds increased $77,000,000 of Reserve Banks Combined (in 1 1 1974_Mar 1965 Eastern Ry.— 3W's. bonds, series A, due Empire District Electric Co.— 1st mortgage 3'.i>',i bonds, due 1969 Elgin, First debtedness decreased due series bonds, River .140154" of merchandise. Statement of Condition of the 1963_Mar bonds, mortgage and collat. trust 3?i% $4 .208700 .115722 1st Goodrich .208700 .262628 Eastern 3% Ry.— A, Terminals Union mortgage First .0028625 .42wb31"! • 2.231573 .0544060 2.772896 .140154" .496166 .0348083 .327058 .193329" .232900 ' 2.783750 2.300625 .658327"t .561797"! .425531"! .138958" .0200125 .115722 .2626e0 .658327"t .561797"! .174562" 2.231573 .144938" .0028625 .203700 . .2U694y" .174562" .909090 .395625 .208500 .0200600 2.300429 . .206949" .0200000 .0544060 .232800 2.783750 .425531"! — .297778" .138958" .327158 .193329" - .193329" -232800 2.783750 2.800664 .658327"t .561797"! —— — Africa, pound———— Union of South Closed 2.772896 .140154" .496166 Zealand, pound Norway, * .297778* mtge, 1st series 4s, mortgage 1st .1389&8* 2.2315(3 .0200600 .144938" .002862a .208700 .115722 .262637 2.772896 .140154" .496166 .0348150 - - r 1st Connecticut $ .206949" .909090 .893125 .208500 Official Prance Closed .0200000 .0544060 — Pa®# due 1st mtge. bds., due 3'a',;. Co., ref. Cleveland Feb. 2 Feb. 1 $ .297778" $ .297778" .206949" .li4o62" ,1389o8" 2.231573 .0200000 .0544060 f * ,297778s Argentina, peso— REDEMPTION Western Indiana RR.— mtge. 4 !4 % bonds, series D, and 1st Jan.31 Jan.30 Jan.28 Jan.27 mortgage Chicago & Transfers In New York Value In United States Money Unit Country and Monetary * * * Date Inc., Light Clinchlield & Ohio Carolina, Noon Buying Rate for Cable ,Vj- . stock__^______. PARTIAL 1st ] , Feb ' 8 Lackawanna Pickering Atlanta JAN. Mar 27 stock preferred Company and Issue— CERTIFIED BY FEDERAL RESERVE RATES EXCHANGE FOREIGN 5'/a % Co., & Corp.— mtge, 5 % income and sinking fund bds., due 1953_Feb 24 Laundry Co., Inc., 1st (closed) mtge. bds.-Mar 1 1st Bank certifies daily cable transfers in the different countries of the world. We of the Treasury the buying rate for to the Secretary Hotel of 1930, the Federal Reserve requirements of Section 522 of the Tariff Act Pursuant to the (Walter Heller Foreign Exchange Rates -J— 51/lOc 20c - 2-i6 Volume 171 Name Per Hill & common Sullivan Class Silk A Central 3- 2 2- 3- 1 (initial 37 9 c guaranteed quarterly) Co. 40c RR. (quar.) dividend Corp. Fractional Instead made 1 2-15 1 2-10 Kansas 50c 3- 1 2-10 79 50c Consolidated One 1 - Textile share shares Cash of will shares >/s 3- 1 be 1 2-17 25c a 59 preferred Consolidated instead p'rior preferred conv. 2nd preferred 12- 3 Donohut* Dow El A Natural Gas preferred $4.25 Extra H.) Class 1 2-14 Merchants 2-10 2- Mid-Continent 2-13 Midland 1 2-13 Minneapolis , No 5-15 5- 5 dend at Jan. 31 meeting. 8- 5 11- 6 2-20 3-23 3- 9 *ig $4 1 2- 9 Modern 1 2- 9 Morgan 3- 4%9 Mosinee 4- 1 3-21 Nashua National 1 2-17 1 2-17 60c 1-31 National 3-10 2-24 $1 3-15 3- 1 150c 2-10 2-10 3-10 Lakes Great 2-10 Newmarket 3:V»9 1 2- 1 1-24 2-20 2-10 Norfolk 2-15 Northern 3- 12 Vac 1 2-15 2- 3 $1.25 4- 1 3-20 $3 4- 1 3-21 3-31 3-10 50C 55c (quar.)__ 4- 1 3-15 25c tquar.). Tile Cc. 2-28 2-17 99 Nova 6 9 B dividend Ohio Oil Power Co.. '(Directors payment at Old 2-20 2-10 3- 1 2-15 2- 1 1-24 2- 1 1-24 Jan. 2-21 $1.75 2-21 25c 3-31 2- __ 2- 9 9 $5 3-21 i 2-21 2-28 2-10 Economic Paragon Electric Parker Paterson 59 Light, pfd, (quar.)_ Co HazeAAvlas Glass Heywood-Wakefield pveferred Ha retail 59 -preferred B (quar.) —_.il Co.. common iquar. >___ (quar. Co. <N. (quar.)__- pfd. Coal conv. (quar.)__ :— 1-31 2-25 2-15 30c 4- 3-15 ,50c 1 Co., $1.25 Cement $5 preferred Gas, Peppered Extra 2-10 1 2-10 3- 2-15 45c 3- 9334c 1 4- 1 2- 3 3- 1 2- 2- 3- 1 1 3- 1 2- 55c 3- 1 3-10 3-10 1 3- 2-20 $1.25 3- 1 3- 40c $1.25 1 2-10 3- 1 2-15 2- (quir.)_ Corp.- & 3- 1 22- Power, common/. & Co. Peter Paul, Pfaudler 3-14 3- 2-15 2-10 1 50c Coke Co 4- 1 3-15 $1.25 4- 1 3-15 $1.50 4-14 3-21 75c 2-15 2- 8 50c Inc. (increased : Pfeiffer 2-13 Philadelphia Suburban Water Co., Brewing Co. Phillips Petroleum (quar.) (quar.) Co. — (quar.) 3-10 2-10 3- 2-17 •25c 1 2- 8 50c 1 —• 2-15 50c quar.) Company* (quar.) common— : 1 25c 3-10 3- 1 25c •3- — 62 9c 3- 1 2-10 $45c 5- 1 4- 3-10 2-17 20c 3- 2-10 91 Ac 75c 3- 3- 1 1 1 2-10 2- 7 2-10 8 1-31 8c 3-31 3- 1 319c 3-31 3- 1 $1,129 3- 75c 1 2-15 3-15 2-1& $1.25 3-15 $1.25 6-15 5-15 $1.25 ; 9-15 8-15 2-15 3-13 2-24 $1 5- 1 4-15 $1 5- 1 4-15 3- 1 40c 2-15 20c 2-28 2-10 $1 3-10 2-10 $1 3-13 2- — (irreg.) will com. 1 2-15 25c year 2-28 22 Vac 9 meet for iquar.) 50c 3-10 2-16 93;,Ae 4-14 3-23 15c 3-10 2-17 20c 4- 1 3-15 50c — 3- 1 2-17 + 25c 2-28 5c 2-20 _/i—i— 2-24 2-14 37 9c 3- 1 2-15 10c 3- 1 2-15 50c iquar.) 27c 2-28 2- 9< 3-15 3- 1 $1 Island), 4- 3- 3 3- 1 25c 4- 1 3- 1 31 Ac com. Co. of (quar.) iquar.) Co 4- 1 3- 1 1 12 9c & 2-28 2-10 25c iquar.).—. 4- 1 3-17 $1 (accum.) 3- 1 2-10 1.06 A 2-15 2- 9 3 Ac 3-10 2-20 $7 5c 4- 1 3- 55c 4- 1 3-14 1 California— — Co.__, Accident Insurance 9 Co.— (semi-annual) $2 rectly shown reported above last week as 1-31 2-10 1-31 4C incor¬ were an in¬ payment. Light 2-10 $2 dividends Electric S. B k Power Shares, Iquar.) Inc.— Playing Card — Co. iquar.) S. Printing 59 U. k preferred S. Steel 7 9 Lithograph A Co.. common. — common preferred Co., iquar.) icuuir.) (increased) Consolidated Universal Products Co. Winding Co.. convertible Knitting, 5 Mold $5.50 Van Co. 3- 1 2-15 4- 2 3-15 3-10 2-10 Iron & prior Norman Corp., preferred 6c preferred Co.. com. preferred 3-15 3- 1 2-15 629C 4- 1 3-21 3- 1 2-20 3- 1 2-20 10c 3-20 3-10 3- 2 2-14 iquar.) tquar.)_____— iquar,i_ 3- 1 $1 2-17 30c 3-20 3- $1.25 iquar.i. common 2-28 1 75c 1 Co.. 3-10 4- $1.25 Co Co. Virginia Electric & Power 2-10 50c 6 $1,37 9 — Steel Cc.al _ iquar.) Company Iron Walgreen Iquar.) common 2- 2-10 22 9 c * (quar.) preferred 2-20 2-25 2-25 25c —_ common prior Virginia 49 3-16 75c 629c 50c iquar.) iquar.) preferred 9 Vanadium-Alloys $5 3-16 1 $1.75 — Oil Universal Valley 1 4- 65c Extra 90c 1-31 4- 50c Universal Utica 2-15 50c $1 S. ' V (quar.)__ 3- — semi-annually pfd. creased U. 9 $1 2-20 3-10 The)— Hampshire The 9 1 3-14 3-15 Extra 2-28 3- 3-10 — preferred Fair Life 7 25c (quar.).— (see Oil New 2-28 3-15 i $1.12Va 2-25 25c 1 2- 3-15 4_ ! (quar.) iquar.i 7th Unit, $6 pfd. Rubber Co., $4.25 pfd. Series 2-14 2-25 _ 3-31 convertible 1-25 $20c 2-25 3-15 iquar.) of (Rhode 2-10 1 3-15 <quar.(„ com. City 2-15 2- 3-15 25c 25c iquar.) Illuminating • 2-18 10c 2-14 held. Inc. Fair 1 2-24 1-26 2-1* 1 (quar.) United 2-11 2-28 1-31 1 (quar.) United 2-15 10c I iquar.) $3.75 preferred A iquar.) United Fuel Investments, Ltd,— 6 9 class A preferred (quar.) 3 25c 12- each Tyer 2-10 2- A 69 pfd, iquar.) preferred (quar.) shares Tudor 2-10 2-10 12-15 common— this Thrifty Drug Stores, Timely Clothes, Inc. 4 .2- 1 I 3- (quar.)— Company iNew Jersey) A 1 69- 15c iquar,)— California (quar.)—. instead 3- 6-15 9-15 23c : starting 3-15 $1.25 Corp. of* preferred $1.25 2-15 25c 1-24 Eastern The 2-15 $$1.50 1-27 1-31 — — preference Oil 2nd 16 2-15 1 8 3- Fuel Textron, 2-15 33- 2- 2-15 Transmission Corp. (stock dividend)—One additional share for 7 20c 3-15 common—— Sons, Co. Texas 7 2-17 Co., iquar. Company 1 $1 conv. Tampax, Inc. 1-27 2- & preferred Texas 2-21) 2-17 1 iquar.) preferred Taylor & Fenn, 4.329 3-15 3- 3-15 4- t25c iquar.) 49 2-15 3-15 1 tSlVic Swan-Finch Oil, 4 10c common preferred Light Mfg. 3-10* 9 1 31 Ac (quar.) — 2-17 2- 3- $25c 1 , Peerless 2-25 1 1-27 $35c 3- 3- 5 2-10 1 4- $1.25 posponcd consideration of a div¬ idend until the next meeting on Feb. 28. Storkline Furniture Corp. iquar.) Superior Tool k Die Co. iquar.) 2-10 2- 1 3- Directors U. com. 3-10 1 1 3- 20c Papep_. (quar.) prior 5- 5-15 2-15 8 Ac Pennsylvania Industries, Inc., $6 pfd.(accum.) 2-15 479c $$1.25 2-15 3- 50c next — (Ohio), 5 $1.06 A 1 2-15 com¬ Supply Stedman Brothers, Ltd. iquar.) Sterling Drug, Inc. iquar.i_ Stonega Coke 6c Coal Co.— 2-14 5- A non-cum, preferred 3%9 2-23 1 a the iquar.) State 3- 3-10 1 37 9 c iquar.) Oil U. Pennsylvania Water 75c 3-15 3- 3-15 3-15 40c dividend action. Standard Oil Co. 3-15 5-15 1 1 3-15 — class Corporation, quarterly City)— (qu,ar.)_ Parchment $3.65. preferred 4Cc —_ 2-15 31c - Inc., (Kansas pref. — ——, 2-15 1 1 $1 Corp.; (quar.)_.. Co Co., preferred ta' 1 Y.)— — — 1 2- 4- c 44- 3-20 — Directors 2-10 1 2-14 3-15 3- (Franklin) (see Franklin Simon).— Company, Ltd. (quur.) Aircraft Company— Standard 3-15 10c 3- 2-15 1 1 12- 1 de¬ (N.) Forgings 2-10 34- $1.12 9 3- 25c < quar. — 50c 25c ._ — Manufacturing Coi,. Ltd., Peoples (accum.) Co, 3-20 Co.— Pineapple,,.Ltd. Hewitt-Robins, Inc..' 1 1 3- c $15c 12-10 $1.25 preferred Union 48:,4C 35c Utilities 1st preferred S: __ 3.909 4- C.) Drugs partic. Pea'oody $1.50 Corporation. (quar. (S. 35c 79 30 $12 9 1 $1.25 non-cum. 2-15 2-17 1 1 9- |$lj06!4 $$l;06A common pveferred B (quar.) Steel Strapping $1.60 Ltd.— (quar.) (California) (quar.)__ Paton 2-28 no (quar.) Co., Pacific Fire Insurance Co. (quar.)_ Pacific Lumber Co.— Parkview -$1 3-10 3-10 3- 9-10 1 Gas, class A* iquar.)— Standard 7 4-14 15c $1,129 Coal Corp 3-21 - „ Ben Palestine $4 3- 50c 60c $1.31 A Oxford Paper. $5 preferred Pacific Finance Corp. $50 tool: (quar.)— com, & Standard 8 $1.50 (s-a) preferred (quar.) 1-27 60c 2- 25c 4l,i9 $1 . Y. (quar.)' 2-15 America 2-15 2-15 6- 3- (quar,)— Corp.— 7 1 3-10 4- $4 preferred series A Standard Cap k Seal 2-15 3- 6-10 $1.25 / class $4.50 convertible $4 $2 5c !—— Squibb (E. R.) 3-10 1 3- $1 Telephone, $2.20 pfd. (quar.) Company (quar.) Ohio I 3- 75c 2-25 3- 3-31 3-29 20c (quar.) N. Power 50c common.. ______ Power,-"$6"preferred A preference 3-15 ,__i debentures Erapire & 15c 50c 2-10 12 9c 1 59 2-10 3-10 129c iquar.),. 3-15 35c of 5 9 2-14 1 1 $$1.25' Ohio Associated 3-10 . Electric Light 3-30 Northern Electric Scotia 2-28 4- 3- $16.50 Service, (quar,)— (quar.)- preferred 3-10 t debentures *A_ i (quar.)—__ (quar.) Public preferred 5lA9 15c Bay & Western RR., corn. 4__ 35c i of Ltd., ; Northwestern 20c 2-15 5c 50c 499 preferred (quar.)_^__— Southern Railway Co., com. (reduced)—— 59 non-cum. preferred 3-15 4-10 3-15 37 9c $1.25 convertible preferred A iquar.) Southern Advance Bag & Paper— 3-20 3-30 2-10> 50c .) quar.) j— preferred Slater 2-28 5934c .) iquar.) —— iquar.) Inc., 59 Simon 2-24 40c _________ Railway Co. Insurance Co. of Extra 50c . (img.) Co. (quar.) — common $1 Pacific Tea (quar.)—_ (quar.)—ii Southern $1.12 Vi common pfd. preferred Mils (liquidating) Nopco Chemical Co., $4 pfd. 1 3-15 60c -——- 59 4'49 Corp.* 4- 3-10 $1.75 Noneuitt 4 (quar.) (quar.) B Class 2-23 40c 3-10 1 30c Stockyards— Corporation, Signode 2-28 $25c 1 1 5- $2 until payment Mfg. Corp Qorp. of America, Shoe 3 3-11 4- 3- $1.25 (quar.)— Union Sonotone '' 70c 50C 25c Ry.— (Directors iquar.) 90c 53 Vac Mfg. Co.— preferred 2- 75c _ (irreg. >_ Ltd., Co., Electric 25c 1-24 pfd. New Newport 2-15 A (increased) Britain Gas Light (quar,).. Newfoundland Light 6c Power Co., 59. pref. (quar.) 2-10 1 cl. (quar.). (William) 2-15 3- 7 9 common preferred 3.89 Neilson $1 Non-cum. preferred . Co., Co., (quar.) 3-10 10c Co. Tea 2-11 (quar,). preferred Solar $37 9 preferred 3- 56 l4c • (quar. 6c 4 9 9 t SI 1 1 $15c common^uu.—..__ (quar.) Lead 25c (quar.)_ 1 Towing • (.extrat-_:__4__.w__ Railway Co.— Great meeting.. 3-10 -t 50c (quar.) (year-endi on 3-10 t$l — common pref. Neiman-Marcus . ___ action National 2-15 2-15 SI.50 (quar.) 1 50c (quar.) Signal Oil 3 50c quar.)—— 3- $1.25 Sheller 6 25c __|— preferred Grocers, Ltd.*, National 1 preferred Income 1-31 2-27 1 (quar,) Atlantic & Income 2-15 3-13 3- i Hawaiian conv. 25c 3- 2- 379c Corp. (Del.) (increased) Dairy Products Corp. (increased)National Drug & Chemical Co. ol' Canada, Ltd., common (quar.), 2-15 50c 3-10 $2.50 National 3- 25c Extra Common (quar.),— 2 10 2-11 (quar.) (quar.) Servel, be Container 50c (quar.)— Co. A 1 1 $1.31 >4 I— Extra 7-15 6c National 3- C.) Graniteville class 2-17 $1.06'4 .Company.. State, Ltd., 49 pfd. (quar.).. Hartford Gum 50c Bennett (A. Ltd., 33- May 25. Class 2-15 2- Corp. '(quar,),, (G. C.) Company (quar. 2-17 — 1 1-31 $2 5c $1.25 pfd. consideration on Scrrick 2-15 8- 6c Company——. Mills, com. (increased 2-15 25c (increased Scythes & Company, Ltd., preferred iquar.) 2-15 3- Co. dividend Paul 2-15 1 2-15 Pi 2- (quar,) 1 3-11 3-15 (quar.). 1 33- (quar.) 2-25 50c 3- 85c 10c Mfg. $1.06'4 .__ 1 +50c common—-— 3-31 6 2-21 ; will payment Coated PaperBiscuit Co. (increased 3-10 1 — Muskegon Piston Ring Co._____ Muskegon Motor Specialties Co., ci. A (quar.) Nash-Kelvinator Corp. :_ 2-15 2-17 3-31 3- 1-13 4-14 1 3- 4-15 1-31 Mullins 1 3-15 50c. At the next meet- a 2-15 iquar 4"A9 Francisco defer preferred $5 St. divi¬ a 2-15 379c i—— Yards preferred $5 3 2- Murpliy 5-15 4- 2-15 1-31 3- 4-14 30c 2-28 3- 2-15 1-27 2-10 1 (quar,)— • Co., preferred of 2-15 1 1 84c — Ltd., preferred $5 2-22 6 common (quar.) Mfg. tc mon 2-15 4- 1 8 3-15 quar.), preferred tqiua\)__,—— Paper Mills — 3- — Havana (J. 2-14 1 payment 28th Containers, Paper 2-15 1 2- 3- Co., Stock meeting Co.— Mining & Mfg. Co., preferred 3- 3- Feb. on the on 1 33- — A (quar.) preferred (quar.) Louis-Sah $5 considered. Minnesota 3- Castings Corp.— Products 499 Gilbert 6c Hajoca discussion $1.25 $25 (s-a) 3- 25c iquar.) preferred cided 9 2-20 — Ry. 6 2- 20c —— Corp., Ltd. Louis St. 2-17 2-15 Company, Paper Joseph 1-23 1 25c —1— Inc Grain St. 2- $1.02 '/2 Corp. Works Brick & 50c ____ Rubber Laundries, Pacific St. 1 25c & Sagamore 1 1 25c — (quar.)— Assurancs 30c _ iquar.)_ (quar.) General Tire 6c Hartford 6c (initial) Co. 2-15 30c common Company, Steel Inc. 2- 2- 93%c ______ (quar.) ( quar. prtierred Co., Stores 1 2-15 3- 75c — Michigan Central RR. (s-a)—— ■t25c 6c Georgia-Carolina 59 3- 3-13 f$1.12'/3 . Horn Mercantile 15c Co. $G preferred (accum.) General Telephone Co.. common 4.40, preferred (qiiar.t— 69 Memphis Street Railway 2-14 $1.75 common Industries, General v. 2-15 1 25c Co.,499pfd. ,(quar.)__ Company, class A (quar.) Steel General Gulf 3-15 1 3- 1009 — (quar.) iBalt.l—-— 3- 3- 1-31 — series) 3- Firo 2-10 2-15 9334c 3-31 J50c _, Co., General American Corp. Green (1947 75c ___ AA Gabriel 7', preferred Morris (qu&r.L (increased) Brush Great $3.75 35c — Golden 1 25c __ Company Extra Gilbert 2- k 2-21 7/10c CGc (quar.) 40c — Safeway Stoics, Inc., com. 59 preferred iquar.) 2-15 (quar.)— May Department Stores, common | $3.40 preferred (quar.) McCormick 2 10c (quar.) 1-20 25c prior 59 5 4 $1.50 1 Canada, Ltd.-— Bridge Co. 3- 8-15 5 8- 11- 25c iquar.)__ 50c ______ (increased)-* Simon Mfg. preferred 2-25 5- 8-15 25c Co. $3.75 11-15 5-15 11-15 3- ——: 2-15 $3 ___r Pill Drilling 10c Extra Franklia & 10c (irreg. $4 preferred tquar. Ford Motor Co. of B Oil 1 2-17 $1.16 Brothers, Inc. (quar.) Roxy Theatre, Inc., $1.50 pfd. (quar.)_. Royal Crown Bottling (Louisville), com.— 2-15 — Consolidated 2- 1 879c (quar.) Roos 4 1 (quar.) — 2- (quar.) preferred 5 9 Rolland 3-21 2- $1.50 tquar.)_ 5-15 10c 1 25c (quai.)_ common 1 10c 4- Corp. preferred 5% .1 3- — 3 59 4 2-15 Ages Rockwood 2-14 3- 3- $1 pfd. $5 non-cum. preferred $1 (quar.)— Company, Class Company, $1.05 (quar.) Co. (M. Gerber MaeMillan 1st 1 8 1 3-14 3-15 _— 3- 2-15 3- 3 25c • 3- 25c Quarterly Quarterly Quarterly 2-15 5c (Virginia) stock dividend Taylor, 69 6- 40c (quar.) __ Fishman Clas.v A Co. 25c — Flintkole 59 & ______ Fair Fuller Insurance com. Oil of 3 2-15 Grande Rock 2-14 15c — — Reinsurance (The). Fajardo Sugar 50c Bryant, Inc. (quar.)— Lord 2-17 1 3- 1 2-28 25c 50c )_ __ Fort 3- 3-15 3- 25c 30c ; (quar,) preferred <quar.)___. 2nd 2-1* 1-31 25c 75c (quar. -4149- preferred- Employers 3-15 2-15 2-20 30c 1 Lansing Stamping Co. (quar.) Lefcourt Realty Corp.— Lexington Trust Fund :— 6 1 3-15 25c Lane 3- 3- 2-15 Rio 8* 3- Y.) Corp. (quar.)_— Valley Gas Co. (Texas)— Robinson Little & Co., Ltd. class A .) (quar.) 2-24 629c 3-21 3-16 3-15 10c — : Quarterly 3-27 15c (N. —— Richfield 1 43c (quar.) 4-15 1 3-30 U3c (reduced) Manufacturing Paso 4.10',«> 20c 1-20 Co. (quar.) tquar,) Eagle Picher Company Faton Company 1:50c (quar.)____ common preferred 1 5- $10 preferred Brothers, Ltd. Drug Co., 7 9 2- 2- 379c 12-15 & 2-15 $1.75 t20c (W. S.) Clay Mfg. Co. iquar.) Donnacona Paper Co., Ltd.. common (s-al convertible 2-28 K-l Marchant Calculating Machine Co. , Dickey 2-28 1 — Industries— Marshall-Wells _ Yard 1 4- (quar.) 9 each ; 4-a',/ $1.50 (accum.) 9- H.) 50c 2-20 3 30c Co. $1 convertible preferred (accum.). Revere Copper & Brass, Inc., common 514 9 prelerred (quar.) 6 4- Cement— 9-15 (S. France Mackinnie _ Union Stocx 3- $1.75 (quar.) series 20o ; 3-10 25c Portland preferred Mapes _ Perry 1 3-10 Republic Pictures Corp.— $2.50 preferred (quar.) Landis Machine Co. (quar.) 10 ___■ Jersey 4- 4- _ Service Co. (New Hampshire)— 3.359 preferred (quar.). i— Purity Flour Mills, Ltd Ray-O-Vac Company (quar.) share per MaeWhyte Company ziz quar.)__ 3-10 $1.18% Fund Loekwood-Dutchess Corp., :$8 pfd. (accum.) Oil Corp.— Deere &• Company, common (quar.) < 1 2- 25c (quar.)—' (initial quar.) preferred 11-18 2-21 109 (Indiana) preferred 1 3-10 10c Pubiic re¬ (quar.) Key Company Keystone Custodian Life Rock New 4- 3 9 9 2- 55c — Service Co. H older • Payable of Mem. 16 3/10c Inc. dividend Exfra common 6-10 issued. Semi-annual Denver Co., 6-15 25C Darco 6c 65c 7c Kress is¬ - preferred 2-27 Lamsou & Sessions Co., common (quar.)_/____. Increased semi-annual 3-10 Public 1-28 Co Utilities preferred btock 2-1 * — $$2 Extra 79 (quar.) 2-24 30c _ ______ 2-15 34c 3-10 20 % for common Corp. (extra) -Semi-annual Delaware $102 pld. 3-15 div.)— class (qua£)_ Culver Deep 4'49 at So 3-15 fractional Copper Range- Co/; (quar. Cornell Wood Products (quar.) Crown Eellerbach, $4.20 preferred $4 Kentucky 6 Electric, Heater Prentice-Hall, Provincial Transport Co.__ Public- National Bank 6c Trust 2-15 2-16 dividend 6c 1 50c being called for Maich on this Gas 3- a — — preferred— $$2 (Chicago); (quar.) (Chicago)" (quar.) Continental Casualty Co. Paint & Varnish Co., 2-15 $1.25 V/z'h $$2 ___ Cook 2-15 1 41 Ac (quar.) Corp., preferred Kysor La common 50c 1 3- When Share Illinois 4.649 15c $7.40 each 75c 3- 3bc $$2 (s-a) Continental Assurance Co. $3 2-15 2-15 40c be'" on 2-15 $1.20 a Theatres, Ltd., ' 1 1 common for share. Consolidated Textile Mills, Ltd., 1 — 41 Associates, Ltd.— Houston Y.— Kings County Lighting Co. Koenring Company 33- five be of (stock fixed rate of 3- — Keystone 25c not not' 2-15 97 9c N. 2-10 1 3- 25c each of Inc. will paid of demption 2-17 3- Y.)___ Stock Scrip the at one-tenth 1 50c _i__ Co., capital held. 2-17 50c Co. Consolidated 2-25 3- 62 9 c _____ Paper 3-10 50c . (N. of unconverted snares 3- 37 9c will 1 Quarterly payment each Co. All $7 for Co. prererred A Johns-Manville plus share. Consolidated Edison b'/o 3 3- (quar.) shares for 2- 2-10 Co.— share cash a 2-13 2-18 Industries— (One 3- 1 (Del.)— Corp. (increased.)—r Lttiighlin Steel Corp., common & 15c _________ Cigar Jones 87 9 c _ 30c Johns-Manville 2-17 Co.— ____ Chemical 3-15 3-15 ; 3-20 93:i4c semi-annual 1 1 Confederation Life Association (Toronto)— Quarteriy ■_ Quarterly ; Quarterly Quarterly Consolidated Amusement Co be Insurance 1 4- Combined Locks Paper Co. (Del.)__l Compo Shoe Machinery Corp. (quar.) will Jersey 3- $1,379 ___ 3-31 (quar.) preferred (quar.) Jacksonville Gas Corp. (quar.) 4- 15c __ 20c <fc American deposit receipts (interim) Lighting & Power Co Zinc Company (resumed) Pittsburgh Plate Glass Co. Piymouui Oil Co. (quar.)—,., 1-20 (initial quar.) coin, 599 1 20c (quar,)! 3- Per Company Pinchin, Johnson 2-15 1 .—- (quar.) Utilities Co. 25c (quar.) Milling & Elevator Reduced quarterly held). 2- 1 3-10 Common^ (quar.) 3-21 2-15 Co., Name of 1-30 . 2- 3c preferred Southern 6 3- 16c — (593) Holder$ 30c Service Increased (quar.)__ Colorado sued. 3-31 1 Co.— Colorado Fuel & Iron Corp.— 59 convertible preferred (quar.)__ Stock 3- (accum.)—— (interim) preferred 3.90 9 2-11 1 4- (Kansas 49 special guaranteed (quar.) i Clorox Chemical Co. (quar.) Colonial Stores, Inc., common (quar.I 49 preferred (quar.) 5 9 preferred (quar.) Consolidated 2-20 Public 3.75 9 2-11 2- 30c pld. Co.— \! Payable of Rec. $2 Co 6'/a9 Investors 75c Cab Cleveland & Pittsburgh A 2-20 $37 9c 59preferred (quar.)Clearing Machine Corp. <quar.)___-_ Class Gasoline Iniand Iowa Co. Company (quar.)_ Investing Co., common Consolidated Silica, Inglewcod 8 2- When Share (quar.)—i Water 6 Iowa ____ Insurance <fc Gas Industrial 15c Chilton I'M Indiana Ltd.— Manufacturing Chicago Yellow City Hotel Barbizon, Inc. 2-14 : City) new common Chapman Valve Increased 2-14 t $1,12 9 ' _ <£r of Company 6 Concen¬ (quar.) Co Surety Name 33- 37 9c Products, Paper Payable of Rec. 25c & CHRONICLE ret 25c (quar.)____ & i FINANCIAL Holder* Distributing Co.— (quar.) COMMERCIAL $1.25 ..... Mining Common (quar.) $1.5o partic. preferred Canadian 1. , (quar.)__„ trating CO. Butler Brothers, 49/t preferred California Cold Storage & Central When Share (Tlie), prior preferred Bunker THE of Company Budd Company $5 Number 4879 3-20 2-28 40c 3-11 2-15 $1 3-15 2-15 8 42 "Walker & Class Company, A Weber common & Fixture & Company, Westeel Products, Ltd. Western Snowdrift Wickes Suppiy Paper Co Corporation Williams (J. B.) Wolf Line, Co. 1 1 2-24 3-15 3- 1 2-20 4- 1 3-20 : 15c 3-14 3- iquur.)_ 2-15 2- Net 3,324,214 228,657 3,387,655 74,953 2-15 2- $2 3-15 "810,960 *572,421 oper. income. — "Deficit.—V, 171, p. 139. 15c 2-15 2- *621,560 25c (quar.)™ 3- 2-14 5 Operating $1,642,442 $1,485,244 1,116,387. 1,002,208- depreciation and Fed. income taxes 1 — "Transfer r t Payable * books ^Payable resident , in U. in tax not closed Funds, S. Canadian 15%; a Less British x Less 30% income Jamaica tax.s Non- Canadian non-residents' 15% less funds, resident the at deductible tax Interest, 117,610 Dividends Corporation and available for Balance $355,513 Common —V. Investment News p. preferred : RR.—Earnings— ry. 119,589 $2,187,775 570,055 158,309 $2,390,139 772,801 323,103 25,999,807 6,480,166 2,419,720 23,926,429 6,276,731 2,169,508 26,021,790 7,818,071. $1,868,563 475,689 railway railway from Net $2,466,168 701,294 244,124 22,214,533 3,918,280 825.032 from Gross Net income___ oper. 1946 1947 1948 1949 From Jan. 1— ; from Gross Net from Net ry. —V. railway income oper. 171, ______ 35,626 Net ry. from 2,919,315* from Net ry. railway- ry. —V. 171, 940,148 171, 414,175,291 383,053,658' 95,392,268 91,551,060 34,944,024 35,556,509 30,074,119 26,607,502 81,664,100 28,000,165 . 196. p. ' 1946 1947 1948 1949 $20,765,727 $20,628,579 $16,848,996 5,541,927 5,585,911 2,497,978 2,943,304 2,901,211 2,335,736 3,067,948 $19,408,195 6,223,836 .__ income. oper. railway.: 212,771,708 .__ 46,333.105 railway. from ry. —V. income ..I oper. 245,013,413 222,833,436 212,041,109, 60,406,498 51,159,922 40,249,380 21,863,820 19,311,146 21,375.013 29,148,740 171, p. 9. Co.—Subscription Agent Service Public Southwestern York, N. Y., has been appointed The Chemical Bank & Trust Co., New —V. lioldeis of common stock.* agent to handle warrants issuable to warrant 139. p. 2,815,224 2,416,691 1,104,214 458,081,279 . railway- from Net 1,885,249 122,894,179 132,695,409 119 140,955 112,403,393 19,695,884 24,023,687 28,371,282 22 373,857 14,048,763 11,048,786 13,187,842 8 789,771 income... 1,073,061 . income— railway from Net 5,492,828 railway 1946 1947 418,444,561 _ railway- oper. from Gross Gross 936,898 railway oper. MONTHS 12 $37,158,305 $30,184,782. 4,392,403 6,517,927 "1.311,540 4,023,192 . From Jan. 1— Net AND 1948 From Jan. 1— 1948 1,283,995 DECEMBER $32,538,577 $36,247,442 . income announcement by thei an Southern Ry.— -Earnings— $10,065,718 income... oper. in - December— 1946 1947 $10,882,098 $11,618,962 $11, 582,009 2,388,397 2,444,243 2, 448,151 railway. from Net forecast 1949 "Deficit.—V. 8. p. from from ry. Earnings— 1949 $257,000,000. almost of were FOR railway oper. Net railway; from Gross railway ry. Net 364. Decern ber-<Gross total a placed railway— Net 171, Seaboard Air Line RR. Richmond Fredericksburg & Potomac from Net (Continued from page 8) December— from Gross 30,000 None 126,000 outstanding outstanding preferred 4HV/J to just EARNINGS $349,848 30,000 36,788 127,935 stock common shaies series A shares series B shares outstanding 4•'!•»% Sacramento shops; and own in begin From Jan. 1— $385,474 stock preferred on kinds to last November. Net 101,850 $413,562 58,049 deductions etc., scheduled are December— $487,324 income by this company*, President. Pullman-Standard Car Manufac¬ built by be Mercier, T. A. by Southern Pacific's Steel Car Co. 1,000 all Net tax. Net General deductions before Balance tax. income $531,172 . . $483,036 4,288 source. 7%. tax $526,055 5,117 ! income Nonoperating income Operating will 2,000 by 26 Ralston orders Gross dividend, this for of company 1948 1949 revenue Oper. exps., stock The Ended Dee. 31— 12 Months 1 Jan. on the Spring and be completed, by end of the year, Mr. Mercer said. They will raise to 23,630 the total number of new postwar freight cars acquired by the railroad, besides half ownership in 8,000 new PFE refrigerator cars, he ex?-, plained, and lift the railroad's postwar investment in new rolling Works—Earnings— Jose Water San total turing* Co*; 100 by the x 2-28 s-a) this Of 2,951,931: 57,555 3,247,073 198,518 "589,053 railway ry. 1 7,491 announced was Deliveries railway— from 50,591 it 1— from Gross Net 69,535 "117,470 income oper. 121,1.49 $220,462 "39,408 "75,054 __ Freight Cars— freight cars have been placed Orders for 3,ICO-new 1946 $268,718 1 25c Co. ry. From Jan. 6 15c (irreg.).^ Governor Net railway from 2-15 75c iquar. )_„_ common Net $247,818 6,646 railway from Gross 3-15 3- J75c tquar,)„. (increased Dessauer & Woodward 4- $1 $4 (quar.I Inc. 1 50c (quar.) pfd. (quar.) (increased quar.) Company, preferred Wilson 2- 2-15 10c Co Co., 50c Auto Whitaker $1 & pfd. 4% Oil 3 3-17 3 4- 62»/2c Wesson 2- 2-20 1947 $326,792 1948 1949 December— Southern Pacific Co.—Orders 3,100 RR.—Earnings— & Gulf San Antonio Uvalde Payable of Rec. 25c (quar.) Showcase Weeclen Share Company Haldert When Per Name of 1950 Monday, February 6, CHRONICLE FINANCIAL & COMMERCIAL THE (594) 171, 466. p. A and National Merchants Sharp Ry.—Partial Redemption— Richmond Terminal First of Bank Va., Richmond, trustee, as at 10G and accrued interest, $27,000 first mortgage 3%% bonds, due Sept. 1, 1965, with payment at J. P. Morgan & Co. Incorporated, 23 Wall St., New York, N. Y.—V. 169, p. 910. has called for redemption and payment March on 1, Rockwell Manufacturing Co.—Earnings Increase— Rockwell, F. W. $3.15 were $3.12 for The announced that earnings for stock outstanding, as against Jr., President, has share of common per the year 229,985 of new better of than five its improved to one.—V. 170, Net from Net ry. $461,720 $520,045 "5.576 "43,963 78,466 17,312 "59,969 "84,258 15,143 "43,314 5.449.216 6,288,662 5,838,019 5,119,450 131,998 558,196 122.659 the Net from Net ry. "18,439 "539,785 "277,404 railway income oper. "Deficit.—V. 171, p. Net from Net ry. $1,475,050 $1,692,730 524,978 223.171 railway railway income™ oper. $1,754,048 $1,298,164 497,514 549,472 209,831 112,774 294,906 Gross Net from 15,663.616 21,186,950 3,909,460 7,279,001 17,321,866 4,850,200 2,130,264 railway: 4,274,113 2,508,319 railway Net ry. oper. income___ —V. 171, p. 139. 15,416,816 3,825,432 1,430,401 Total Net ry. oper. income fixed after Net from Net ry. OF 5,598,313 661,654 COMPANY stockholders dated Oct. 31, report to which are 1949, Both statements show the prop¬ substantially lower than replacement Sheraton makes hotel, Laurentien-Sheraton the and 7,391,097 from Net ry. Canada. in hotel to hotels Sheraton sale of several prop¬ Philadelphia and the the and Newark in Corp. retains the Penn-Sheraton, a It was stated that these sales were investments in other cities.—V. 170, Sheraton Philadelphia. in permit in Montreal. Sheraton's Bos¬ Plaza, the Sheraton and the Square Building, the Sheraton announced recently also strategic more 2067. 2,156,684 2,723,236 972,265 1,338,344 Oper, 8,727,805 106.565,747 112,706.007 104,157,852 $387,023 $356,280 taxes 305,923 280,912 income- $81,100 $75,368 $875,738 Utility 22,274,951 21,814,007 10,943,013 10,215,315 11,38.9,522 10,373,298 13,394,662 oper, 68C 6,029 Jan. on 19, company in Lake City Kennett Co.; Miami & Eastern RR. Southeastern & County four subsid¬ Arkansas and. Co.; Jonesboro, iherge RR. Mineral Belt RR-, 171, Co.*—V. RR. to Missouri, p. income Gross Ealanee and St. Louis Earnings 139. $881,767 207,863 Gross Net Net from from 1949 1948 1947 ._ — $673,904 Oct. $318,080 $417,610 $398,951 $316,712 26.892 ry. railway 124,344 132,868 54,643 "27,170 51,126 55,275 210,000 $61,838 - In Net from from 4,836,535 4,063,317 3,504,840 1,282,207 375,688 railway Net ry. oper. income "Deficit.—V. 171, p. 1.38AT00 1,022,773 575,443 53i,365 317,098 100,544 of $463,904 8. 1949 1948 $5,720,176 Net revenue Net railway from railway oper._ income oper. , $2.20; $2.05 from Net revenue Net railway oper. —V. 171, p. railway income 1,090,415 Sacramento from and reacquired Northern 25,382,081 12,071,612 and in other so held. outstanding the from Wet railway operating income railway 1948 1947 $128,607 railway— Net ; $155,491 $116,618 "26,342 "63,088 "89.198 "50,024 *93,149 ♦119,486 from registration statement with the stock (no par). officers and other employees certain companies pursuant to the terms They are shares which have, have been acquired by the treasury or which will be subsequently total of 11,973,987 common shares were Nov. 1, 1949, .exclusive of 954,218 shares railway 2.169.471 2,235,701 1,921,714 Net 77.464 *140,517 "131,376 Ret *225,028 *474,703 *471,760 from railway railway operating income—.— •Deficit.—V. 171, p. 106.. respectively. of hope - - , year. a » to maintain the reeular divi¬ The payment of'a special dividend in each January.!'—V. 171, p. 231. the considered be company A the at Texas under the will plan be deposited of the company and used in the ordinary underwriting is involved.—V, 171, p. 8; funds general business. sales No application this a company, region. Carolina-Virginia the to of utility companies' of America and addition, Texas Illinois is planning to sell gas to are Gas Pipeline Co. buying from Natural now Sales of. gas to other utilities in the general also planned by Texas' operating territory adjacent to the proposed new line are 170, pp. 2440 and 2337. £ , " with, value.—V. 170, and p. 1920. .* ' ■ ' 1- Pacific South Engineering Corp. Statement With¬ — The 5,000 shares common of stock statement 4% (no Period End. Dec. Gross Net preferred par) filed stock the with (par withdrawn was 31—' on SEC $100) on and Jan. 3 covering 25.000 shares of Jan. 20.—V. 171, p. 196. after income Number Earnings $2,269,033 pfd. $9,471,274 158,089 179.702 1,883,943 1,851,502' 34,358 34,358 145,344 412,296 1,471,647, 412,296 1,439,206 685,000 stock commcn per NOTE—The common share company's July 23, 1948.—V. 685.000 shares: bus 171, p. 8. J transportation $2.15 properties were per $2.10 sold on $1.26 taxes."—V. 170, charges and Net income income J—J J profit —„JJ_1_. !■____J ' it t nn ™ n n/ c\ 1943 1949 J..: .. $736,230 279,852 39,300 366,071 57,510 . $240,552-.' Earnings in 1949 wtre equal to 30 cents per m/ o $5.10- p. 2588. $702,002 _T_ after .charges,—' Income,, taxes— •N-et 1,80!: 14K. Corp.—Earnings- Year Ended Nov., 3(P— Gross 1,135.070 : $3.14 ' 443,654 $0.55 share— Toklan Royalty $9,103,087 123,731 of Earnings— 1949—12 Mos.—1948 $819,863 taxes on Electric Co. 1949—Month—1948 Earnings $3,033,147 $10,576,380 $11.564,864- 205,125 earnings—-J—' » Off-— 1949—12 Mos.—1948 1949—3 Mos.—1948 Period End. Dec. 31— "Net" "After $842,696 revenue Dividends Thomas Steel Co.—Sales and Earnings Sales registration , Co..of New York has been, appointed dividend co-transfer agent for the common stock, no. par, Guaranty Trust disbursing, agent course . Texas Utilities Co.—Dividend Disbursing Agent— The stock Co.—Hearing— Gas Pipeline Commission has scheduled Power the on Illinois.—V. treasury. of Federal companies. either which Balance From Jan. 1— Gross a common to Southern Indiana Gas & Ry.—Earnings— 1949 dividend of $1.60, April 1, Julv 1 and. of record March 1, year's affiliate, Chicago District Pipeline Co. Texas Illinois proposes to meet the requirements of these customer companies over and above the amounts now available .to them from Natural and Chicago District' and would make deliveries through the existing systems of these two: purchase plan. issued and held in its and of 364. December— Gross 64,271,868 21,923,326 9,888,349 oper full its , 60,175.358 revenues. 1950, $1.60 of will 20 which drawn— operating a hearing to commence which is proposing to construct a 1,254-mile natural gas pipeline from Texas to Illinois. In addition to the main line, which would originate southwest of Houston, Tex., and extend to the Joliet, 111., area, the company plans to build a 58-mile line from Joliet to Volo, 111., and to establish a connection, with the proposed facilities of Piedmont Natural Gas Corp., at or near Greenville, Miss, Estimated cost of the project, excluding any facilities necessary for deliveries to Piedmont, is $120,942,000. Texas Illinois proposes to deliver an average of 275,000.000 cubicfeet of natural gas per day to Piedmont, which now has an application pending before the Commission for authorization to build a pipeline 2,289,955 From Jan. 1-— Railway declared 19 Texas Illinois Natural subsidiary its stock a filed 27 shares be offered and company company of Jan. on to are previously Proceeds $4,739,129 1,762,944 731,355 revenues 1, the be rate The Corp.—Registers With SEC— provisions of held operating Stover Lock Nut. Swift/Chairman of board, said in part: H. will from corporation issued # December— Jan. on Dec. and addition $498,576 . share—226,584 shares™ common shares the been St. Louis Southwestern Ry.—Earnings— Railway Pa*— addition, the directors declared a special dividend of 75 cents share, payable March 1, 1950, to shareholders of record Feb. 1,, dend 364. covering 598,700 The and railway. make the purchase of a new and larger plant in operations are now being condjUtted at the in quarterly instalments of 40 cents each and Jan. 1, 1951, to shareholders 1 "It 210,000 — per 171, p. The SEC 16,013 4,493,959 income— oper. * From Jan. 1— Gross Easton, Corp., Machinery 1950, I/ June $708,576 requirements Sinclair Oil 1946 railway. all that directors payable In St. Louis-San Francisco & Texas Ry.—Earnings— December— the SEC said, is applicable Swift & Co.—Extra Dividend— 170,813 $59,880 , 18,842 dividend Preferred —V. . The exemption, & announces and Pa., The $379,389 $76,048 16,168 $80,681 - deductions income Net authorized the operating 175 miles of trackage Oklahoma. These lines are the Butler granted the request of of its proposed sale of had it plant; where the firm maufactures the patented well as other types of special and common nuts. as 10,420 (net) income Income Merger of Units Ratified— ICC that Corp. for exemption new $868,969 Dr420 and exps. Other PI.921,319 20,586.220 iaries Nut Lock company Easton, Feb. income Corp.—Exemption by SEC— announced 2 Public Utilities Stover Harold 1949—12 Mos.—1948 $3,916,524 $4,345,172 3,047,555 3,459,435 1949—-Month—1948 Period End. Dec. 31- 1,205,340 1,076,005 railway Feb. on Buys New Plant— per Operating revenues $10,196,577 1,753.584 railway, oper. SEC $7,869,581 $9,837,919 income 2134. p. 1950. 1946 1947 dividend cash a only to the sale of stock to private purchasers who would not a public distribution of the shares purchased.—V. 171, p. 196. Building. Harbor the Corp. Elgin 500-room p. 170, General The Corp. bought the Ford chain, also in transaction they acquired Canada's 1949, Sheraton this $3,000,000 16, In properties include the Copley Beaconsfield hotels; also, the Park made decalred 30 Jan. on equity in other companies. hotel- largest the of one 12,585,590 ONLY 1948 1949 railway from Net The oper¬ Jan. 1— From Gross full $63,223,000. of ton Lord $8,878,418 railway oper. 10,974,747 and of Corp.'s values transaction Aug; newest 113,117.337 119,724,070 1,072,557 463,193 EARNINGS from Quar¬ 325,000 shares of common stock or Staten Island Edison Corp. from competitive bidding requirements. General Public Utilities owns all of the stock that it must dispose of under a 1942 divestment order of the Commission. It would use- the proceeds of the sale to increase its Sierra Pacific Power Co.—Earnings— December— Gross on today's market. in On and charges— contingency 10.450.072 9,354,681 1,063,039 revenues company 1950. Staten Island Edison The the $55,000,000. $ $ s Sheraton gave selling the companies in the world with total assets, conservatively esti¬ mated, of over $80,000,000 and a total sales volume of approximately 1949—12 Mos.—1948 1949- -Month—1948 $ Balance The stock, payable on March 13, 1950 to Checks will be mailed. The directors capital 9, cash.—V. in operated by divulged. It approximately owning erties—the Period End. Dec. 31- of not was properties assets book Sheraton of System- the Sheraton total at Building St. Louis-San Francisco Ry.—Earnings and owned Ltd., Corp., transaction this Officers of Canada. from Operating share, with a offering was per 1338. located. Sheraton Corp. estimated that "replace¬ is in excess of $25,000,000." assets of Cardy Corp., Ltd., as of Sept. 24, 1949, were $15,- 345,000. 41,466 From Jan. 1— are ' securities the control." Today's 1946 1947 1948 1049 of value ment costs St. Louis Brownsville & Mexico Ry.- -Earnings— from "two-thirds which they in hotels now of Cardy the that announced was cities the Feb. the Prince Edward the King Edward of exception the the 31. to for paid price erties DeeemberGross The showed 106. Corp. Sheraton the With and (Ontario) Hamilton in (Ontariot. all are the largest in brings the total number ating railway Connaught Royal Windsor 206,303 "457,810 income.— oper. p. of SI per share holders of record announced that/ beginning with the calendar year 1950, they would meet at quarterly intervals, instead ol semi-annually, for consideration of dividend action.' The company in 1949 paid the following dividend: on June 10, $1.50 per share in cash, and Vk~ in stock; and on Dec. 12, $2,50 per share directors The on the Cardy chain of six hotels in Canada, it was announced on Feb. 1. Five of the properties included in this acquisition are among Canada's largest and best known hotels. They are the 1,100-room Mount Royal in Montreal, the 1,000 room King Edward in Toronto, the General* Brock in Niagara Falls, $423,188 railway- from Co.—Secondary (New Jersey)—Dividends Co. Oil Standard purchased corporation- has This 1946 1947 1948 1949 $417,068 railway From Jan. 1— Gross (par $10) at $46.75 of $1 per share. concession oversubscribed.—V, 170, Cardy Chain— Sheraton Corp. of America—Buys The in 2336. p. Rutland RR.—Earnings— December— from remaining all called have capital stock dealer outstanding series A stock for redemption on Feb. 20 at $75 per share and accrued dividends. ** Conversion rights of the series A and of the new $4.25 preference stock wiil expire on Feb. 15.—V. 171, p. 139. directors Hotel, Gross of f 19. Jan. Marine Insurance Springfield Fire & Offering-^-A. M. Kidder & Co. and Paine, Webber, Jack¬ son & Curtis on Jan. 26 offered a block of 5,000 shares 20 terly Basis— financial position, Mr. Rockwell reported. Serial bank notes maturing in December 1951, were 'reduced by the amount of the current installment and an optional payment of $1,000,000, leaving a term indebtedness balance of $3,500,000 as compared to $5,000,000 at the first of the year. In addition, the company funded inccme tax liabilitiy by the purchase of $3,500,000 in U. S. Treasury notes. Total working capital at Dec. 31, 1949, ■was in excess of $22,000,000 with a ratio of current assets to lia¬ bilities Jan. on company 1948. substantially company Preferred Stock Exchanges — announced that, more than 188,000 of the series A $3.50 preference shares had been exchanged for shares $4.25 cumulative preference stock under the offer,which expired The The 1949 Dohme, Inc. & Made—$3.50 Series A Shares Called— 1950, $308,561 1947/ ' $444,435-161.487. 14,350 $147,337 share,"against 39'cents Volume 171 .Number 4379 THE Toledo Peoria & Western RR.—Earnings— December— Net iruni tons 1949 railway 1943 $431,185 from railway— railway operating income—' Net 18,211,893 $406,581 , Gross COMMERCIAL for capacity 232,638 63,189 "' 215,702 for tons. the of from A;757,864 4,693,737 1,634,219 1,641,689 682,820 851,127 year Period End, Dec. 31— 1949—3 Mos.—1948 & services $ $ started at 1950 the wioh sold beginning Products larger volume of contracts on its 1949, according to H. C. Turner, Jr., of However, .the net income after income -after, taxes ferred totaled dividends, to $3.43 $126,2791 after $3.21 share per taxes in greater $340,065 share per taxes was 1948, of in 1949, in after after This preferred in • pre¬ Fed. Udyiite Corp.—Merger Agreement— The merger duces announced an agreement contemplating April Dec. 31, drilling cited were Income 1S48 gas were to $17,156,347 of dry holes substantially the as in the full of year for 1949, The company has authority to acquire The Light stockholders shares held. The 12,287,947 56,188,198 16,000,000 32,800,000 126,000,000 6,304,920 25,219,677 the totaled with $1.71 the 1949. 56,135,971 9,459,136 15,623,037 84,603,154 in $1.43 $1.01 t$1.35 $5.39 t$4.00 in business Earn, per com. share 171, to the Missouri shares receive of P*. St. from S.r Commission Joseph Light & Jan. 30 patents use as by Billner he line of rate share one for each 10 split May on shares 1949.—V. 12, of P. Billner, his latest United stockholders Jan. 10 of record and 5,190 He building added of he 17,580 to are 17 $55,500 U. S. The has called outstanding Axle Co. National redemption mortgage 10-year first at 102% Iron for and Bank of interest. March on 6% Federal Judge has Payment Pottstown, trustee, will 229 be High made St., town, Pa. on a petition The Mr. to Mr. a A Mr. . said and the shares. Of the Fox Phipps, his A C. and M. J. stock Rossbach which block has been elected Gordon Wattles of and resigned to class reports, press shares.—V. A the 169, acquired group The Utah and Ogden The tile of 84,100 Gross irom Net from Net ry. - railway $104,521 railway. called of $143,712 194G from Net from $207,956 45,769 46,047 Net ry. 45,444 1,590.062 1,636,377 1,900,547 share *123.363 171, Trust at be *1,515 159,847 *52,716 61,329 A 204,791 85,774 Dividend—Quarterly Earnings Released—Reporting the earnings of this corporation for the fourth quarter of 1949, Irving S. Olds, Chairman, announced that the direc¬ on of per $1.75 Jan. 31 declared the usual quarterly dividend share the preferred stock, payable Feb. on 20, -1950, to holders of record of as Feb. 6, 1950, and a dividend of 65 cents per share on the common stock, payable March 10, 1950, to holders of record as of Feb. •10, 1950. In each of the two last quarters of 1949, the common stock received 50 cents per share. Income is ported as with of The for reported sales, income steel or for all for 1949, before declaration of divi¬ Income for the year 1949 is re¬ return a the 7.2%. in quarter accounts began Oct. would It- is the $30,000,000, This income estimated after estimated income for that which and l had does U. from and $7,000,000 from such During tions its therefore was total not ter of 1949 mated taxes 1949, and for of the into payable U. S. on of Steel 12, because 1949. the hereinfter of issuable its facilities, nation of The . It be is the Expenditures provided quarter depleted 31, Net 1949, 1949, after the to. 1949 during current 744,446 The during of was war the higher The balance offered, the stoppages and of directly the the current its dividend of the six-week in quar¬ of the replacing declaration, three-day work week in the coal strike mines. six 20, stock common on 2, 1950 debentures before or 102 service not Feb. by in and Stone & funds has the which for redemption beer, made not are of with by of of above shares the of to ry. is rate of banks Corp. the on terms is new for will This its stock of is not the for construction Proceeds principal under¬ the public offering securities to are be filed $290,000 Dec. The SEC . fol the 1947 1946 $2,992,963 $2,076,134 1,031,300 659,^0 654,349 480,513 479,592 3^,097,608 14,473,650 36,551,799 14,657,226 24,788,096 6,967,524 8,703,730 8,779,265 4,752,308 6,111,283 Jan. 31, the Inc. connection pur.onus with of 1949, net $50,397 Income the payments after taxes amounted compared for well operations result¬ income from service gross Gross income $169,612 th» oil otner to to entire year reached $1,030,462, income gross of 1948. value)— par be against additional includes Outstanding 175.000 slis. applied lor tbc field use 147,280 shs. company's current stations, in the expansion, operating United equip¬ States.—V. 171, Ry.—Earnings:— 1949—Month—1943 $3,049,654 611,267 chgs. 1949—12 Mos.—1948 $3,712,857 $38,936,544 $44,855,044 1,299,073 11,187,542 13,989,254 654,771 6,710,507 8,668,984 441,315 4,044,777 6,104,077 895,607 357,702 company to exchange presently due 1952 for an equal bonds outstanding principal from over 1,800 $25,000,000 on Jan. Jan. 27 that on bondholders principal amount expired amount, with new assents aggregate 56% over or first of 31. had holdings the of first bonds. National issuing Bank of the general new bonds. trust The bonds National e been City of New mortgage new which Bank appointed mortgage general York, bonds Trustee, deposited as the lor mortgage bonds ad- were 4% were debt of the trustee, bonds, outstanding at the end the of City of paying series A, railway York New agent due and Oct. 1, 1949 of reduced was from that announces registrar 1969 of (until the Oct. interest rate 4%%).- 1, ' Th ICC Jan. on authorized 17 Co.—To Sell Stock requested SEC Electric sale from stock the System for will be $300 used parent interested to Parent— into merger this Ry. Maryland Terminal RR. See Rheem Co.—V. 171; p. of the company Co. and Western 231. and Manufacturing Corp. above.—V. 170. White Motor Co.—Doubles Size of Tank Businesi 2440. p. Indianapolis Branch Headquarters— The in branch new truck headquarters opened bv The White Motor Co. than doubles previous White sales' and was announced by J. N. Bauman, Vicecharge of sales.—V. 170, p. 1441. Indianapolis, facilities President in Ind., in the Wico Electric Effective Jan. 42,000 The more city, it Co.—Voting Trust Effective— 1950, 1, terminated $10 prior Union voting trust a par was formed to hold the entire shares for a period of 10 years period by a majority of the of Springfield, Mass., Is depositary and common the to end Trust Co. registrar. of such Voting trustees are: R. D. Mallary, K. A. Harmon, Carter, W, J, Johnson, H. E. Hosley, Jr.—V. 169, p. 846, Gross from Net from ry. 1949 railway G, 1948 1947 1946 $2,013,557 $2,338,880 $2,333,458 $1,763,129 196,391 463,443 606,401 120,311 15,544 330,139 280,303 98,053 26,215.973 29,734.080 26,443,477 22,616,995 5,251.456 8,234,740 3,952,724 7,269,478 4,376.654 3,489,563 2.830,972 railway income oper. C. Ry.—Earnings— December— Gross authority to issue and sell (Boston), 3.630 additional share, per by and $800,000 of to pay 166, p. from Net ry. off short-term „ 7, to request a railway is $1,132,059 1949—12 Mos—1943 $1,248,181 $3,986,458 $4,229,383 i'Net profit before taxes- 74,130 *142,115 153,135 Number *484,698 pfd.,shares- 59,520 59,520 59,520 59,520 shares- 378,560 378,560 378.560 $0.12 *$0.45 $0 10 *$1.60 of shares of this company, an open-end 1949, Investment the annual discloses. adjusted 64c, or for 23c assets $2,016,118 at $75,006 against as the 1949 share, per 19.6%," net the Harold dividend the W. expanded end of $39,914 and increase in capital net Story, President, from 1949. the $1,682,333 Net year asset In distributions value per sharo reports. at revenue before. gains the end income 1948 to amounted to of 378,560 share. 398.' value asset Total 1949—3 Mos.—1948 2,090,719 increased from $3.27 to $3.68 per share during report "If Inc.—Earnings— income Wisconsin Investment Co.—Asset Value Increased— ^Net 995. railway oper. 171, p. fund, Feb. from Net —V. $1,089,000. or Wachusett until persons application.—V. sales the following wholly owned subsidiaries: Greenbrier, Cheat & Elk RR. Co., Somerset Coal Ry. Co., Fairmont Helen's Run Ry. Co., Fairmont Bingamon Ry. Co., Chaffee Ry. Co., Cumberland aggregating $2 common tEarns, per work . do Well From Jan. 1— 26 stock given the to name Services, 175,000 shares, (2) exchange of four new shares outstanding, and (3) to the sale of tho offered, the capitalization oi the ocmpany will this of of Cha has trustees. 1,490.304 England Waitt & Bond, Number and and 1948 29.208,704 borrowings upon to fxd. 4% outstanding notes. has to income after collateral unless $3,397,863 $100 par capital the in ami to 1952, / 650,282 Period End. Dec. 31— at $488,- were of promissory history. revenue— oper. Net on the Jet formerly (no mortgage The it by 945,026 income— of 30, revenues Chase service the as preferred, the purposes. 9,246,316 New qualified under Welex to services its Wisconsin Central company and Texas weils, and were retired, so that mortgage $50,686,000 to $46,177,000. pre¬ either 140. parent, Laird offering trading on the New York Stock Exchange on Feb. 1, 1930. During the month of January, all the Greenbrier. Cheat & Elk bonds then $2,168,755 railway shares of its public company's well servicing in Texas and Oklahoma. facilities, principally presently mited conversion preferred common named new of 1949 railway p. underwriter, for termi¬ 500. income oper. basis 240,000. additional notes to of railway railway 171, 1945, * Wheeling Steel Corp.—Sells Boiler issuable expenditures, from from the price the Sept. its now received first debentures any the preferred. The net proceeds provide for construction Securities dividend oper. 33,000 offer The < shares common 100,000 sale to payment Webster oil m ended income which mortgage con¬ the actually issued prior rights. the sale used in share excess is Securities the perforating amounted net stock inc. general with the -Merger of Units Ratified— adequate Wachusett Electric fourth reserve at in in interest for Webster and and been 150. connection 6, of mortgage 4%-4% bonds due 1969 Eugene S. Williams, President, stated Y.; National surrendered 20, by changed general per issued Central Jan. income royalty income mortgage 1950, N. accrued The or the additional on Exchange Offer Expires— and at York net oper. Net ($10 shares York, given 21,040 share held. up State was primarily follows: Net ry. the war, Shipments, of steel products in the fourth quarter of 1949 amounted to 2,662,209 net., tons. Shipments for the year 1949 amounted to & from —V. inventories this Net From Jan. 1— than more out subsidiaries steel with Feb. of New for per subscription the time, nine months Operating steel addi¬ fourth with $469,505,437 at Dec. 31, 1948. statistics for the fourth quarter of 1949 influence but The Gross Net corporation and such December— to in the on houses headed price and underwriting amendment.—V. 171, p. \ Net $15,200,000. of or Stone income .taxes. arising remaining A agreement that upon direct cost income resulting used rate Bank, jet this Western Maryland par). before or the of Period End. Dec. 31— Mass., or at State-Planters dividend of 30 cents per share New in standby number be will Gross $59,000,000 was costs all stock conversion conditioned Net during the costs $5,400,000 years, cover deducting compared additional war. the assets operating year1 reflect estimated on at respect of the called debentures ferred from to and replacements of facilities approxi¬ Dec. 31, 1949, $167,000,000 was the estimated complete all authorized replacements and addi¬ for reserve Va. March on conversion the in ry. six-week to See 500. p. Will stock common shares recently wore 1950 $10.40 taken the name workover to shares The statement of 1950 4, at six Wore at laws conducted form ment Boston, 1950, Bank on of expected hearing Of 20, made an maximurii purposes was $179,000,000 for or Conversion ($100 National in Richmond, perform upon Net At to be assured Net any loss of steel shipments of out agrees $4,000,000. % performs and program, redemption. be 1949 strike least at gave underwriters, who also include Blyth & Co., Inc.; The First Boston Corp.; Harriman Ripley & Co., Inc., and Kidder, Peabody & Co., whereby the group undertakes, to purchase and publicly reoffer such common shares explained, six-week additional in shares stock or Chase Corp. March National converted, These the on additions required Co., common will for not but consideration expended and Virginian Ry.—Earnings- made inability to make out-cf-pocket cost of the The of return a by $26,000,000. cost take exhaustion. tions. Dec. as or $6,700,000, strike of convertible common The of investment group call approximately $37,000,000—$30,000,000 $44,000,000. amount be Nov, the Steel's s. replacements wear to ended liquidation of low-cost inventories. year and to of forced the quarter been compared as giving effect to the applicable Federal cost resulting the the. direct during the strike period. strike sales, have adjustments, resulting from the effect of operating rate and on inventory quantities increased on year 1948 of $129,627,845, declaration of dividends. fourth which of assets trustee as registration a preferred are of at Richmond writer. of the before adjustments strike quarter $32,735,397. as $165,958,806, on certain the fourth reported income 5.21/ the for dends, had 24, Feb. par) each which PROCEEDS—To . into Corp. United States Steel Corp.—Declares 65-Cent Common tors had of Service on Chase of To . paid The Bank 140. p. & version *165,443 of 1948. Up net as debts pay reorganization. H. E. plans to keep operating. Used number 1,535,494 Jncome___ *Deficit.—V. Not 5, Common plan of a company filed 31 debentures per debentures Payment will 50,219 railway oper. cut the Stock shares Webster 66,543 37,618 assets 1949, Authorized the Bankruptcy to company Denver $123,903 *7,464 railway— work to of conversion. From Jan. 1— Gross the "unable (no for the Inc. each be approved has called for redemption on March 2, 1950, $4,000,000 3Va% convertible debentures, due April 1, 1963, & will 1947 *3,240 income oper. is 11, Federal outstanding Bank 1948 1949, Davis unspecified 100,000 $16.66% $100 1949 20, the company C. said Jan. on an company its at and common Ry.—Earnings- December— 6 and company covering Stone ' Jan. on under 2232. SEC 2758. p. March G. under the stock Reoffered—Registers With SEC— the from and share. highest level for the Nov. share per and 21,040 \ These According 43,726 that of President, p. par) directors board. stated As Underwritten outstanding except 30, CAPITALIZATION—After giving effect (1) to charter amendment increasing the number of authorized shares of no par value common Virginia Electric & Power Co.—Calls $4,000,000 of De¬ bentures—Common Stock Issuable in Conversion Will Be shares. have and substantial a company, common Gregory . acquired this of 397,010 J. H. had group and dividends Jan. before or shares $555,494 latter, stockholders through rights basis of one share for each four Denver at record Del., been and to redeem the cumulative l^t preference common of on stock Wilmington, May sales common reorganization appointed until 156, Be common class $21,000,000 cash June Company also has derived and is receiving royalty ing from certain oil wells servicing operations. proposal / 18. 249,743 Symes Davis V. Fox class Symes for mature." MacDonald, Working control of this company was recently acquired by John Fox, of 61 Broadway Corp., and his associates, it was announced Jan. they Judge President borrowed company Services, Inc.—Offering to Stockholders— capital $11.50 have $658,989, liabilities of $1,276,785, including capital and surplus amount¬ to $617,796. I Potts- current subscribe services. ing at United States Leather Co.—New Control— cn F. petition as 1950, all the bonds of The net completion applied process is already in Government construction 5% par additional offered be J. company's 1, gold consolidated unsubscribed Co., on Victor-American Fuel Co.—Trustee Appointed— Jan. Act. corporation $4.79 pay business new approved $100 of subscribe, at $25 per share, on the shares held.—V. 150, p. 2902. " The 474,329 after deuned) CORPORATION—Incorporated structures concrete States to (The) U. S. Axle Co., Inc.—Calls 6% Bonds— 474,329 $5.50 (as Company which on that, his United Jan. on shares issue to 11,230 shares 26, wi'l vote Feb. 16 on a proposal company in accordance with, amended plan as approved the SEC.—V. 171, p. 231. by 1,500,000 $2,275,897 — earnings Explosives, 231. p. stockholders stock Light 1,700,000 Petroleum Corp.—Dividend Restriction— new Any & President. development the large very 171, outstanding United taxes share net of one 171, Inc.—Develops New Process— practical basis. some on The holding to stock tBased upon Viau, Ltd.—Subscription Rights—To Redeem Preferred for part of plan to.liquidate stock would be. distributed as Karl Raid makes production Electric 1948 3,775^897 4,309,953 shares stockholders shares of a new process whereby multi-story concrete entirely prefabricated and yet have the same quality if they had been cast in one piece, was announced be can completion for Power & shares $18,069,456 $16,982,585 agreement under which the that the company -may not to For Continental T3as in selling group and 171, p. 500. right development Mr, 500. p. threc-for-one Vacuum Concrete, on 1948WV. of was 734. Welex Jet | The for increase a 1949 income loan The 231. structures period to share after V. 129,627,845 at consolidated per The of use net $2,609,953 p. available 52,188,656 on 1948 1948. the 2588. taxes income per provides 52,219,512 factors The of assets $1,108 820 share 25,219,677 19,582,317 the corpora¬ earnings of of other income common Warren 49,887,902 109,000,000 16,971,341 Co.—Proposed Acquisition— Joseph, Joseph at two for 170, The 165,958,806 Reinv. , to dissolve the on ' 2,394,345 To Vote to Dissolve— t . 2,297,316 589,926 40,510,274 —— divs. projects.—V. would St. In share in months studies, compared 317,334.5 stock, which it Corp., parent of St. increase cents per three applied Co. companies. 31 last preliminary as ,* the from the in United Light & Rys. - 563,007 Com. divs. declared— lower a close without p. net with Per year, , 6,304,920 other non-productive exporatory the fourth quarter of 1949 than in in the 170, reports compared income Number of —V. 32,735,397 $15,989,567 for the quarter same period last year. In up 1949 prior Cr4,858,545 I- and lower in reasons share per Cr5,412,145 declared— Pfd. the p. earnings, according to the .< outstanding natural tion and its subsidiaries cents 145,986,681 10,309,199 Corp.—Quarterly Earnings Higher— ihe corresponding period in the previous year, resulting appropriation from income to meet this expense. These 43 debt (est.) from expense was 119,661,652 *Less associated Federal income tax adjustments. revenues addition, the 40,079,331 misc. taxes inc. 31. the 1,013,756,603 maintain . company of Frederic B3 Stevens, Inc., which pro¬ supplies, polishing and buffing compounds. This pro¬ be'submit ted to Udyiite stockholders at the annual meeting 27.—V. 170, p. 1439. United Gas Gross ended ... . & at of Co.—Earnings Show Gain— and before Earnings foundry will posal on has company into this ' 906,012,832 for taxes 1R45. p. Income Net 8,307,338 included local 9.34 Dec. outstanding close accomplished was sales Provision 155,765,653 308,169,243 long-term State, to 1,035,713,704 exhaustion years Cr5,412,145 Cr4,847,133 other costs & on compares dividends, 931,736,385 prior Int. shares purchase.—V. on Warner Gross 16.7,397,722 296,056,970 herein provided 1948. equal, stock. common equal, of common .stock.—V. 170, ] than compared with ended year the at $ 2,302,443,094 2,481,508,535 services costs for 143,772 shares 12 Months Ended Dec. 31— facilities 'War with 118,721 load no taxes bought Wear and The volume of ;'con.*truetion -completed'-in 1949 aggregated $55,092,74? as compared with $60,913,176 tbe preceding- year, or $5,820,431 less. with & " of Net corporation $1,499,830 and so¬ and pensions .. r security 42 Wall Street Investing Corp.—Assets Increased— The outstanding $ 385,663,171 726,646,553 salaries, a President. ^ (595) net 1949—12 Mos.—1948 Products Wages, Turner Construction Co.—Net Income Higher— than 20,655,491 • cial books of ingots and castings averaged 46.6% of rated fourth quarter of 1949 and 82.5% of rated capacity 1949. CONSOLIDATED INCOME ACCOUNT 1— from Company shipments 10.43 railway—— railway Net railway; operating income —V. 171, p. 140. Net with steel Prom Jan. 1— Gross compared CHRONICLE the lor the This FINANCIAL 1948. year Production 151,370 l._ net & 'Loss. on $2 months of com. tAfter preferred providing $29,760 stock three in for unpaid months dividend periods and requirements $119,040 periods. ?No provision made for Federal income 1948 loss carry forward.—V. 170, p. 1742. taxes in 12 because realized p. a net profit 398. Woodward & from the sale of addition, securities of the company $47,499.—V. 171, Lothrop—Offering Oversubscribed—Thfe secondary distribution of 26,500 shares of common stock (par $10) at $34, less $1.20 commission, made on Jan. 24 was oversubscribed. See V. 171, p. 500. 44 COMMERCIAL THE (596) 1,000,000 Montebello of 106.61, a basis at a price 1.61%. of about Montgomery Housing Authority, Other Alabama Sale—The $1,194,000 notes Note offered Jan. 31 awarded were tional the of include: group City of Bank New Na¬ York; bonds. Co., Jersey City, at 0.80% in¬ Feb. Dated Due 1950. 28, fornia on Sept. 1, 1950. Ala. Sale Details Bond — purchased Hendrix & Mayes, Sterne, Agee & Leach, and Stubbs, Smith & Lombardo, all of Birmingham, by interest bid reflecting a net a on & Co.; Dean Witter & Co.; Staats Co.; J. Barth & 2.97%, about of cost as previously noted in v. 171, p. 501, were sold at a price of 100.01. Equitable Securities Corp.; Reynolds & Co.; Barr Bros & Co.; Kaiser & Co.; Coffin & Burr, Inc.; A. G. Allyn & Co., Inc.; Harris, Hall & Co. (Inc.); B. J. Van Ingen & Co., Inc.; A. G. Becker & Co. of Georgia; E. F. Hutton & Co.; Andrews & Wells, Inc. and F. S. Smithers & Co., Trust Inc.; Co. ARIZONA Santa Arizona Note Sale—The ries awarded Jan. were National at 0.75% in¬ 28,j 1950. Due Dated Feb. terest. 31 Valley Phoenix, of Bank, the to County No. Dist. Sch. 4 until bids the & Details—The Sale 11 from (PST) purchase of a.m. 1951 inclusive. 1975 to the at by as 2s; $52,000 as 2%s, and $111,000 previously noted in $62,000 ls4s; as 2V2s, as as as 501, were sold at a price 100.01. In addition to the above 171, v. of p. the entire issue will bear coupons interest to total 3V2% for the first iy2 Hospital Twp. Box District, (P. County O. Bond Sale—The pital 1949 were awarded bonds $128,000 offered & Trust America of lyjs, at Authority, Ark. The awarded the to Trust interest, plus a Sale Note price of Ark. The $888,000 the to 10th Feb. for 14 Hutzler, jointly, Salomon Bros. & at 0.85% interest, plus a premium purchase of $80,- March on 1975 inclusive. Dated March from 20 $1,000. 1951 & Co., and of at Herrington, of San Fran¬ 100.59, Bond County Offering Fred J. Moore, — will receive sealed bids until 2 p.m. (PST) on Feb. 14 for the purchase of $47,000 school coupon or registered bonds, County Jr., as Clerk, follows: Bond Mark (P. Twain O. of Direc¬ Secretary of the Board purchase Dated June 15, nomination $1,000. Due from 1953 to 1968 J-D. Orrick, rington, approved Sale (State — The of) $25,000,000 veterans' welfare bonds of¬ fered Feb. awarded to 1—v. the 171, p. 141—were Bank of America National Trust & Savings Associa¬ tion, of San Francisco, and Associ¬ & office. Legality ap¬ Dahlquist, Neff Herrington, of San Francisco. Los by Her- March 15 15, 1950. Denomi¬ nation $1,000. Principal and inter¬ est (M-S) payable at the County proved by Orrick, Dahlquist. Neff & of San Francisco. California Bond on on March Dated De¬ June 15 1948. Sch. March 15 1963 inclusive. to Treasurer's inclusive. Inter¬ Legality 1.952 from Due hospital $175,000 of on to 1966 inclusive. 1951 Dist. bonds. Offering—Louis A. Lucini, tors, will receive sealed bids until 11 a.m. (PST) on Feb. 8 for the bonds. from Elementary Due 12,000 Rio Dell Elementary Sch. Andreas), Calif. San Fortuna Dist. bonds. District 2y2s, at $144,000 as and a as a & price a 23/4s, at Angeles County Sch. (P. ly, Feb. Los Angeles), Calif. Offering—Harold J. Ost- O. Bond will receive (PST) on for the purchase of $3,school bonds, divided as County sealed Dists. Clerk, bids until 9 7 097 000 School Montezuma San Dist. bonds. 1952 to Due Rlem.. Scfy. on March 1 1975 inclusive. price a $29,000 Co. & $190,000 and Offering—R. 1950 Sch. 11 E. (PST) purchase of the a.m. March 15, on Feb. $93,000 $1,000. Denomi¬ 1950. Due March on 15 from 1951 to 1967 inclusive. Prin¬ cipal and interest (M-S) payable at the County Treasurer's office. Legality approved by Orrick, Herrington, of Neff & Francisco. Palo Bond Offering—Winifred Kidd, Clerk, until chase Calif. Alto, will Feb. of Series A Francisco the for $300 000 San sealed receive 24 pur¬ improvement bonds. Authority, Housing Calif ornia Note Sale—The offered Jan. 31 York, awarded as Series by the Bank notes Mellon Na¬ Trust Co.. & Bank & Trust Co., Pittsburgh, 0.75% interest. 138,000 50th chased ond bidder highest Bank for 2V2s, Wilmington, of notes New Bros. York, & and Associates, Feb. at 28, notes pur¬ 1 interest. 1950. Due on Districts, Visalia), Calif. Offering—Gladys Stewart. O. County Clerk, will receive sealed bids until 10 a.m. (PST) on Feb, purchase p.m. (CST) purchase of of of Principal inclusive. 1969 to (A-O) payable at the bank in Arlington interest a Heights, Mount Prospect, or Chi¬ cago, Board the to and be mutually agree¬ of Education may as able the Legality ap¬ purchaser. proved by Chapman & Cutler, Island Rock County Housing Authority, III. Sale Note Co., Tax Sch. Dist. Panama City), O. (P. of Chicago. the to 31 were Trust Bessemer City, at 0.82% in¬ Dated Feb. 28, 1950. Due of Jersey terest, March 2, on 18th $328,000 The — Sale The — Rock 1951. '$2,500,000 were $115,000 Housing Authority, III. offered Jan. 30 awarded to a syndicate com¬ building Island bonds Sale Note 12th The $784,000 — offered Jan. 31 Shields & Co., of New York, Robinson-Humphrey Co., of Series notes Atlanta, Watkins, Morrow & Co., Stubbs, Smith & Lombardo, both of Jersey City, at 0.81% in¬ terest. Dated Feb. 28, 1950. Due of posed of Birmingham, Barcus, & awarded on Co., Kindred of Chicago, Clement A. Evans & Co., of Atlanta, Herbert J. Sims & Co., of New York, Co., of Mont¬ Weil, Roth & Irving Co., of Cincinnati, McDonald-Moore & Co., of Detroit, Raffensperger, Hughes & Co., of Indianapolis, F. M. Blount, Inc., of Pensacola, Thornton, Mohr & gomery, Securities Florida Co., of B. J. Due on 1966 Van Jan. to Due 1970 on Jan. Spalding County (P. O. Giffin), and bids Ga. — jointly, at 0.86% J. Commissioner York, and Associates, jointly, at 0.86% interest. Dated Feb. 28, School Muncie Bond t the Prin¬ cipal and interest (J-J) payable at the Merchants National Bank, of Roads Sheridan, Ind. Bond Sale—The works revenue 171, p. Weeden & Hutchinson Denomina¬ tion $1,000. Due on Jan. 1 from 1951 to 1978 inclusive. Principal and interest (J-J) payable at the Trust Co. of Georgia, Atlanta. Sibley, . Board of sealed bids until 4:30 p.m. (CST) on ,Feb. 17 for the purchase of $500,000 school bonds. Dated March 1, 1950. De¬ nomination $1,000. Due on Jan. 1 of Secretary las, 31—v. Atlanta. City, Ind. Offering—Joseph L. Doug¬ Futral, until Legality on Muncie. O. of the 1, Due Trustees, will receive Revenues, will receive sealed July 1950. INDIANA noon (EST) on Feb. 14 purchase of $100,000 hos¬ pital coupon or registered bonds. for interest. 1,000,000 purchased by the Chem¬ ical Bank & Trust Co., New from 1957 to 1966 inclusive. GEORGIA Offering $1,039,000 purchased by the Chase National Bank, New York, and Salomon Bros. & Hutzler, was 2.97%. Clerk 23rd $2,039,000 lows: Co., Co., Inc., Leedy, Wheeler Alleman, for $2,500,000 as 3s, a price of 100.28, a basis of at Sale—The Note Series notes were awarded as fol¬ 1 Harris & & Housing Sept. 1, 1950. Merrill Lynch, Pierce, Fenner & Beane, John Nuveen & Co., Stranahan, & St. Clair County inclusive. highest bidder Ingen Trust Authority, III. 1 to 1965 inclusive. 2%s. as second The Ross & R. 3s. as 1951 from 815,000 J. Bessemer March 2, 1951. " St. Co., of Newark, and Thomas & Co., of Pittsburgh, at a price of 100.01, a basis of about 2.87%, as follows: Petersburg, the to were Co., Dated 0.86% County School the on Feb. $140,000 building coupon bonds. Dated Feb. I, 1950. Due on Oct. 1 from 4 the for 13 awarded Bond Sept. 1, 1950. for until bids price a FLORIDA Salo¬ the Chemical Bank Trust Co., New York, and (P. at of the Board of receive sealed will Series notes offered Jan. Hutzler, jointly, interest. Series Offering—Marion D. War¬ Secretary Education, Farmers Delaware, pur¬ chased by Tulare sec¬ 101.6*5. about Series 97,000 51st Dated of Dist. No. 23 Heights), III. County Sch. Bond was State the of by the Chase National at 0.85% & 27—v. The basis of about 2.29%. a pur¬ Pittsburgh, at 0.75% interest. Series notes pur¬ chased by the Mellon National mon Jan. 21/^s, at a price of 102.006, as $1,685,000 1,200,000 51st Bank, school to Francis I. du Pont & Co., of New from chased at Del. 38, awarded 141—were p. follows: $6,800,000 50th Cook and No. offered bonds 171, $8,235,000 notes were by Chapman & Cutler, of Chicago.- Florida school coupon or registered bonds. San as l%s, at a basis of about Dist. to 1, 1950 and due from 1.952 to Legality approved office No. Graham, County Clerk, will receive sealed Dahlquist, was $410,000 for Sale—The $130,200 Bond Bay County Spec. District, Feb. 1952 Stanton cor¬ bonds of¬ awarded were Stifel, Nicolaus & Co., A. C. Allyn & Co., and J. W. Clarke, Inc., all of Chicago, jointly, as l*iss. Dated wick, 1.92%. Bond for a 1 (P. O. Prospect Co., and William jointly, $1,000,000 Series W Feb. fered III. Chicago), O. Sale—The porate fund, Oct. 1 from on highest bidder price of 100.003, Joaquin County (P. O. Bond 1 1969 inclusive. to second 2s, Oct. Due on 2s. Due as County Forest Preserve Dist, 1960 inclusive. Due on Oct. 1 from John Nuveen & as ILLINOIS 1955 to 1962 inclusive. 1963 Blair of 1954 inclusive. l3/4s. as 295,000 basis a follows: as 2s. as 1952 to 276,000 100.01, of 1.91%, Stockton), Calif. Bond follows: from Co., of Denver and Associates, Whalen, Trustees, of bids, until 2:39 nomination $1,000. (P. awarded to Boettcher Board p.m. (MST) on Feb. 27 for the purchase of $106,000 school coupon bonds. Dated April 1, 1950. De¬ Bond 48, about the of receive sealed 1 Sale—The $600,000 were Bond Offering—Vincent will Colo. Canon City), 101.53, for $93,000 price of 102.04. a.m. $1,500,000 Montebello No. County Sch. Dist. O. of a 1950 Sch. Dists. (P. O. Eureka), Calif. $35,000 County, Co., William R. Redfield & Co., to cisco. CALIFORNIA Hospital bidders price of 100.87, and Weeden Co., and John Nuveen & Co., jointly, for $75,000 as 23/4s, bids Humboldt (P. at C Sch. Dist. (P. O. Kellogg), Idaho 13 Cook DELAWARE highest Blyth City & a basis of about 2.35%. a tional Calaveras price of 100.27, a second Principal and in¬ (M-S) divided $19. 2y4% 101.62, The nation Sexton, Denomination Due in¬ The second highest bidder was Chase National Bank, New York, and est the 1950. 20, terest, plus a premium of $15. of H. Fremont 93,000 Potrero Heights Sch. Dist. bonds, as 2y2s, at a price of Dated Calif. Diego), Offering—T. 000 building bonds. Trust Bessemer Sch. Dist. price of a were City, at 0.81 % Co., of Jersey District, County Clerk, will receive sealed bids I until 10:30 a.m. (PST) on Neff Series notes offered Jan. 31 awarded School 1950. 1, COLORADO basis of about 2.47%. ity approved by Orrick, Dahlquist, Housing California basis of about 2.47%. a 2y2s, at as payable at the County Treasurer's office. Legal¬ Rock — Union San terest Authority, the to 501— p. 75,000 Ranchito, Sch. Dist. bonds, as Diego County (P. O. Bond were Co., of Jersey City, at 0.81 % in¬ terest, plus a premium of $12. The second highest bidder was Chase National Bank, New York, and Salomon Bros. & Hutzler, Little San 10th $637,000 Bessemer jointly, at 0.85% premium of $13. 101.27, National a Denomi¬ nation $1,000. Principal and in¬ terest (M-S) payable at the County Treasurer's office. from bids until Fallerook — 171, $188,000 A 1 a m e d a Sch. Dist. bonds, as 2y>s, at a price of 101.13, a basis of about 2.14%. 1 Savings Association, San 1 inclusive. p. Bank, of Los Angeles, and Paine, Webber, Jackson & Curtis, of Chicago, jointly, as follows: & ARKANSAS Sale awarded were Co., of San Francisco, as iy2s, at price of 100.74, a basis of about 1.37%. The second highest bidder Bank Dists. $500,000 bonds 31—v. Jan. a was March on 1971 & Sale—The offered at Feb. Witter Dean to Sch. build¬ ing bonds offered Jan. 26—v. 171, (P. O. Los Angeles), Calif. Bond 6 Series notes offered Jan. 31 Angeles County Sch. 2%s, 100.20. Fort Smith Housing Los price hos¬ March Bond jointly, for $188,000 125, San Lorenzo), Francisco, for years. Note (M-S) Treasury. pay¬ Calif ornia 2.49%, for $39,000 as 1 V2s; $28,000 214s: $58,000 1,1950. Denomina¬ Principal and interest payable at the County Due to No. Clerk Union Rivers 1951 Dated March Treasurer's County Alameda about of cost interest net to on tion $1,000. were Eden syndicate headed by Boettcher a 1970 inclusive. Staats - Co., of Denver, on a bid reflect¬ ing 1952 on office. $350 purchased bonds school 000 Due on bonds. from Dated March 1 from bonds. 1970 inclusive. to Three Dist. Dist. inclusive. 144,000 Rosemead bonds, as 2V2S, at Feb. 14 for the $121,000 school bonds. Dated Feb. 1, 1950. Denomination $1,000. Due on Feb. able (P. O. Florence), Ariz. Bond 1970 to Due 1951 1 from 102,000 Paramount Sch. Dist. Nagle, Principal and interest (F-A) Pinal Sch. Dist. March 1 from bonds. 75,000 March IDAHO fol¬ as Sch. Woodville $40,000 Dist. inclusive. on divided bonds, Shoshone County Class The County Clerk, will receive sealed 1 March 2, 1951. on 1952 County Bond Offering—Walter H. $206,000 9th Se¬ offered notes Due building lows: March 1 from on bonds. (P. O. Rosa), Calif. Sonoma Dist., Authority, Housing Elementary Sch. Union Cloverdale Glendale 1972 to Sch. 185,000 Lawn dale Co.; The $468,- bonds refunding jointly, Bruce 1 William R. Tuscumbia, 000 Bank, Los Angeles; Heller, Due 1952 follows: Corp.; Harris Trust & Savings R. H. Moulton & Co.; $342,000 29th Series notes pur¬ Bank; chased by the Chemical Bank" American Trust Co.; Glore, Forgan & Co.; C. J. Devine & Co.; & Txust Co., New York, and Union Securities Corp.; Weeden & Associates, at 0.80% interest. terest. Sch. March on 310,000 Hawthorne Blyth & Co., Inc.; the First Boston Co.; the First National Bank of Portland, Ore.; Seattle-First Na¬ tional Bank; Security-First Na¬ tional Bank of Los Angeles, Cali¬ High Due from 1952 to 1975 inclusive. under¬ The as 852,000 30th Series notes pur¬ chased by the Bessemer Trust Dist. bonds. . members writing 1950 PROPOSALS AND NEGOTIATIONS BOND ates, Monday,■ February 6, CHRONICLE CITY DEPARTMENT STATE AND ALABAMA FINANCIAL & 1948. approved by Spalding, Troutman & Kelley, of to $318,000 sewer bonds offered Jan. 400—were awarded Co., and McMaster Co., both of Chi¬ 234s, at a price of 100.63, a basis of about 2.70%. The second highest bidder was Ben¬ cago, jointly, & as jamin Lewis & Co., Raffensperger, Hughes & Co., and City Securities Corp.; Indianapolis,1 'jointly; for 3Vss, at a price of 100.38. Volume 171 South 'Number 4879 Bend Bond Offering ©f the Board ceive School The bids . Secretary of Trustees will sealed (CST) — City, Ind. THE until re¬ price of 2.27%, Con. La Sch. Dist. Joya), (P. public and recrea¬ $58,000 4s, due as to 1953 24 s, as 1954 to from Offering S. — F. Burlington, Bond revenue Jan. 171, water White-Phillips Co., Davenport, and the Farmers & Merchants jointly, 100.19. The Bank, basis a of l^s, as Burlington,, price of at of a about 1.16%. escond highest bidder was Co., for 114s, at a price Quail & of 100.17. ' Des Bank, William of Des Moines, Blair the West Bend, Iowa Bond Sale The $19,500 special sewer bonds offered assessment Jan. 16 awarded were Bond works Sale—The $400,000 water utility 171, 49—were awarded to B. J. p. Van Ingen & on 110,000 highest bidder Donald, oh from 1 The bid reflecting a 1950 second net a Interest cost of about 1.19%. County (P. Hickman), Ky. Bond O f f e r i Additional above on Feb. 7 for the purchase of $61,000 school building revenue on bonds. Dated nomination Feb. 1, $1,000. 1950. Due De¬ on Beb. 1 from 1951 to 1956 inclusive. Prin¬ cipal and interest (F-A) payable at the Citizens Bank, Hickman. Le¬ gality approved by Skaggs, Hays & Fahey, of Louisville. Sale Feb. on 7 until for 11 the a.m. (CST) purchase of -school- building bonds. Dated Feb. 1, 1950. Due on Feb. 1 $250,000 1951 from tional date on on on or or to 1970 any inclusive. interest Op¬ 2.53%, date Bond Sale—The Feb. $1,050,000 bonds 1—v. 171, p. 49 were awarded to a syndicate com¬ posed of Shields & Co.; Eastman, Dillion & Co., both of New York; Robinson-Humphrey Co., of At¬ lanta; Watkins, Morrow & Co., of Birmingham t Emerson & Co., of on inclu¬ pay¬ $20,000 as Gloucester Note 37,000 1955 Massachusetts Note Sale—The $948,000 Second Series notes offered Feb. 2 v. 171, p. 502—were awarded to the Philadelphia National Bank, of Philadelphia, at 0.76% Due 24s. 1961 Feb. 1 as in 1968 2J4s. 1969 and Feb. on Due 1 inclusive. Feb. on 1 second highest Shawmut Bonds Sale—The awarded to school Kidder. as Pea- Pbs, at a price of 100.38. a basis of about 1.57%. The second highest bidder W. E. Hutton & Co., for bids for the 000 until will Glo¬ receive (EST) noon on purchase of $100,- armory-community center bonds. Dated Jan. 1, 1950. Denom. $1,000. Due Jan. on 1 1970 inclusive. Prin¬ cipal and interest payable at the National ton. Shawmut Bank, of Bos¬ Legality approved by Ropes, Gray, Best, Coolidge & Rugg, of Boston. MASSACHUSETTS Berkshire County (P. O. Pittsfield), Mass. Offering — The Note until for 11 the a.m. (EST) purchase of on Feb, 7 $250,000 tax Beverly, by Coolidge & Daniel M. -r- until noon Feb. 8 for the purchase on $500,000 Due Feb. Dated notes. 8, Lovett, Denominations offered Feb. 1 notes awarded were to Maiden Housing Sale Authority, offered notes Mass. The $100,000 — Feb. First 2 were 0.70% interest, plus premium a Notes Due by Sullivan, Donovan Hanrahan, of New Heenehan & City. Sale Series 171, The $285,000 Third — bonds p. offered Feb. 2—v. 502—were awarded to J. P. Morgan & Co., Inc., of New York, and the Second National Bank, of Boston, jointly, at 0.83% interest. The second highest bidder was Chase National Bank, New York, and C. J. Devine & Co., jointly, at ■ deemed Detroit. Muskegon, $10,000 from 1962 24s, as 1963 to revenue inclusive, and on April 1 due 1967 inclusive. Sch. Dist., Mich. Sale—The $650,000 school bonds offered Jan. 26—v. 171, p. 142 awarded were Bond City 100.004, a for basis of about 1.11%, as 3s. Due water as The Is. to second Northern Sept. 1 in Sept. on 1957 1 inclusive. highest bidder Trust supply system bonds. from Note Sale offered the — Feb. on and dated are Denominations Feb. $50,000 Co., Ironwood, Mich. Note Sale—The $50,000 tax an¬ ticipation notes offered Jan. 23— Turners Falls Fire 171, p. 400—were awarded to the National Metals Bank, and the Gogebic Bank, both of Ironwood, jointly, at 3% interest. a & as Is, at a basis of about 0.97%. highest bidder Co., for Is, at a was Bond Offering—Win. L. Grose, at The sec¬ price of 100.07. Woltham Housing Authority, Mass. Note Sale The $100,000 First — Series rotes offered the Feb, 2 were of Boston, at: 0.80% in- State Sav¬ 1, 1957, in order, at par interest plus a pre¬ follows: as $30 each on bond called July July 1, for redemption after but on or before 1960, 1963; 1, $20 on each bond called for redemption after July 1, but on or before July 1„ 1966, $15 on each bond called for redemption after July 1, 1966, but on before July or each bond 1, 1969; $10 on redemption called for after July 1, 1969, but on or prior July 1,; 1972; on each bond for redemption after July 1, 1972, but on or before July 1, to called 1975; and no premium shall be bonds called for redemp¬ tion after July 1, 1975. Principal paid on and interest (J-J) payable at the Hackley Union National Bank, of Muskegon. Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. Paris and Wyoming Twps. Frac. 6 (P. O. Sch. Dist. No. Grand Bond Rapids), Mich. Sale Details—The $175,by the First of Michigan Corp., of De¬ troit, as previously noted in v. 171, p. 234, were sold as 1.40s, at a price of par. Rock T wp. River (P. O. Eben Bond School District Junction), Mich. Sale—The 19—v. Chicago, on 170, p. to Paine, Curtis, of bid reflecting a net Jackson interest school $25,000 Dec. awarded cost a of & about 3.11%, as follows: $19,500 5,500 The Bond Offering—Harry S. Wolfe, Township Clerk, will receive (EST) a.m. 011 for the purchase of $525,000 water supply system refunding extension and bonds. Dated .revenue Feb. nomination $1,000. 1, Due coupon 1950. Due 011 Aug. 1 1950 to 1957 inclusive. 3s. as Due and second reflecting a Aug. on in 1 1959. highest bidder McDonald-Moore & Co., on interest net was a bid of cost about 3.71%. Warren Twp. (P. O. Van Dyke),. Michigan Bond Offering Hildegard M. Clerk, will re¬ ceive sealed bids until 8 p.m.(EST) on Feb. 15 for the purchase of — Township Lowe, $200,000 water and Series Twp. (P. O. Route 3, Plymouth), Mich. 11 34 s. as from D sewer revenue, bonds. coupon Dated Nov. 1, 1949. Denomination $1,000. Due on Nov. 1 from 1953 to 1978 Livonia De¬ 011 Aug. 1 from 1951 to 1979 inclusive. inclusive. 1978 to Bonds shall demption Township in order any date on or callable the at on maturing in 1976 be for re¬ of the option numerical inverse interest after Nov. payment 1, 1968, at Bonds maturing in 1976 to 1979, shall be redeemable, in inverse numerical order, on any interest payment date as follows: Bonds maturing in par and accrued premium of $30 deemed none of interest on plus each bond a re¬ thereafter; provided, that the bonds shall be re¬ deemed until all callable bonds of 1979 on or after Aug. 1, 1955, maturing in 1978 on or after Aug. 1, 1960, bonds maturing in 1977 on or after Aug. 1, 1965, bonds maturing in 1976 on or after Aug. 1, 1970, at par and accrued interest bonds plus a premium awarded to fbe National ^hcvwmut Bank, Chemical ings Bank, Midland. Feb. R. L. Day July for redemption on or prior to July 1, 1960; $25 on each Twp. Sch. Dist. No. 3, Mich. sealed bids until 10 price of 100.08, 1950. on bond called 1958 Lee 1950. Mass. 1, inclusive. after July or accrued mium National $25,- District, 1980 v. 1. Due on Nov. 20, 1950. Le¬ gality approved by Storey. Thorndike, Palmer & Dodge, of Boston. $1,250,000 revenue cou¬ Jan. was Chicago, Is, at a price of basis of about 1.11%. and 000. sealed Feb. 14 on numerical bonds offered able Mass. The $1,000,000 notes 1 were awarded to County National Everett, at 0.76% dis¬ of to 2380—were Middlesex Bak. Dated 1951 inverse Paine, Webber, Jackson & Curtis, and Watling, Lerchen & Co., joint¬ a Cooper, 000 school bonds purchased on Due 1952 R. F. receive Denomination $1,000. Due as 1950 and 1951. 510,000 will (EST) purchase of the pon to follows: $140,000 Clerk, Mich. — bids until 2 p.m. Halsey. Stuart & Co., and Blyth & Co. of Chicago, jointly, at a price of — Offering — ond } Details—The $23,000 to on after 1963, inclusive. Mich. Director, will receive sealed bids at the County Superintendent's of¬ $11. fice, Court House Annex, Mid¬ North Andover, Mass. land, until 5 p.m. (EST) 011 Feb. 16 Bond Sale The $70,000 school for the purchase of $25,000 school bonds offered Feb. 1—v. 171, p. 502 coupon bonds. Dated Feb. 1, 1950. —were awarded to the Lee HigDenomination $1,000. Due on April ginson Corp., as 14s, at a price 15 from 1951 to 1955 inclusive. of 100.63, a basis of about 1.41%. Principal and interest (A-O) pay¬ perts, Chairman of the Board of Trustees, will receive sealed bids - April 1 0.84% interest, plus a premium of — -I 1952 $30 or on or after Aug. 1, 1975. Principal and interest (F-A) pay¬ able at the Detroit Trust Co., De¬ troit. Legality approved by Miller, Canfield, Paddock & Stone, of Webber, Boston, ' Sale on or after Aug. 1,1970, but before Aug. 1, 1975; $20 on each bond re¬ 100.09, Middleborough Housing Boston Metropolitan District, Mass. Bond Offering—Henry G. Gom- ' 1967 1, 1960, 1965; 1, 1965, but before Aug. 1, 19/0; $25 on each bond redeemed ly, for 34s and awarded to the Day Trust Co., of " on supply system purchased by bonds 1950. 1, 1951. Legality ap¬ proved York 13. Feb. on Boston. ■) Bond water from Feb. dated are on Nov. 3, Note Sale The $30,000 water Legality approved by Ropes, department equipment notes of¬ Gray, Best, Coolidge & Rugg, of fered Jan. 27—v. 171, d. 502—were a.m. to inclusive. Due Corunna, of $2.50. 1950. ll 1961 to 1962 April 1 on 1, redeemed 011 date Bond — the Security Trust Co., of Lynn, at 0.74% discount. $50,000 and $25,000. Due until1 Due 24s. as Holland Lynn, Mass. The $700,000 Sale Notes Mass. 1952 from Nov. 7, 1950. on count. Offering—John C. 2V2S. as from 1950. approved Somerville, anticipation notes. Note 31, bond redemption at the option of the City on any interest payment —v. $200,000 Aug. to 1 Ypsilanti), Mich. $25,000, Due on Nov. bids sealed (EST) of County Treasurer will receive sealed bids No. from l%s, coupon from 1951 to Jan. Offering Bond E. O. $50,000, Authority, Mass. Offering—James (P. receive Note Me. City Treasurer, 1 Walsh, Jr., County Treasurer, will price of 100.06. Feb. 7 No. after Aug. or Bonds maturing from Jan. 1, 1958 to Jan. 1, 1980, shall be subject MICHIGAN awarded to the Maiden Trust Co., body & Co.. of Boston, sealed dated are on before 45 Aug. 1 Augusta Twp. Frac. Sch. Dist. 105,000 County (P. O. Springfield), Mass. bonds offered Jan. 30—v. 171. p. 502 —were ver, Boston, and C. J. Devine jointly, at 0.80% interest. Bank, Boston, at Hampden at $60,000 Bank, & Co., Watling, Lerchen & Co., of Detroit, as pre¬ viously noted in v. 171, p. 233, were sold at a price of 100.12, a basis of about 2.58%, as follows: $13,000 as 2%s, due on April 1 Series Bond Na¬ was discount. Note MAINE National Bond Sale—The $350,000 build¬ ing and site bonds offered Jan. 23 Mass. bidder tional 1970. Eliot, Me. second 171, p. 233—were awarded to Braun, Bosworth & Co., Inc., at the Merchants National Bank, of a price of 100.0002, a basis of about Boston, at 0.92% discount. The 2.34%, as follows: Note on Due to discount. interest. highest bidder was Chase National Bank, New York, Feb. 1 from on from 1956 to 1960 inclusive. as 0.77% River, but — Bank, of Sale—The $1,000,000 notes Jan. 31 were awarded to offered inclusive. 2*4s. as National at Fall 1950. . Due 4s. 1953 to a & County (P. O. Salem), Mass. Gloucester, to (EST) on Feb. 8 for the purchase of $1,872 000 re¬ San Antonio; Rowles, Winston & funding coupon bonds. Dated Co., of Houston, and Herbert J. March 1, 1950. Denomination $1,Sims & Co., of New York, at a 000. Due on Dec. 1 from 196(3 to 1959 Palmer Ropes, Gray, Best, Rugg, of Boston. basis of about a Dated Feb. 9, 1950. offered Due to $10,000 and $5,000. 10, 1950. Legality 1, 1955, and thereafter at 101. Legality ap¬ City Treasurer, will receive sealed proved by Chapman & Cutler, of bids until 11 a.m. (EST) on Feb. 7 for the purchase of $300,000 notes. Chicago. Lake Charles, La. 1951 1 Feb. on awarded were follows: as after Feb. 1, 1952, at 103 LOUISIANA Wellesley Housing Authority, Note Sale—The $1,500,000 tax anticipation notes offered Jan. 31 171, p. 502—were awarded to payment prior to Feb. regis¬ Principal and interest The — price of 100.05, County (P. O. Lebanon), Ky. Bond Offering — I. M. Gray, County Court Clerk, will receive bids coupon or 1 Marion sealed sive. a.m. assessment $1,000. from Denominations Barrow, Leary & Co., of Shreveport, and White, Hattier & Sanford, of New Orleans, jointly, at Bond (CST) 1 11 Dated March 1, 1950. Denomination 1 Feb. on Due W aterville, g—Kathryn R. Kelly, County Clerk, will receive tered bonds. March until transit loan, Act of 1949 $150,000 public improvement bonds offered O. a.m. Due Feb. 1968 inclusive. 2%s. as n sealed bids until 11:30 inclusive. from 1969 to 1975 inclusive. at Fulton on 1961 2V2S. as 193,000 was KENTUCKY Due to from 1962 to 21.000 Burke & Mac- was 1953 from Dec. 2%s. as from Co., of Kansas City, as 14 s, at a price of 100.28, a basis of about inclusive. $1,315,000 0.96% follows: as $30,000 Sold—An issue of $164,478.67 internal improvement bonds has been sold to Stern Bros. & Due Co., Welsh, Davis & Co., both of Chicago, and John Dane, of New Orleans, jointly, at a price of 100.01, a basis of about Bonds 1959 bids Feb. 8 for the purchase on and 72.000 1.19%. of the La. electric light revenue bonds offered Jaft. 26—v. KANSAS Kan. sealed (EST) Na¬ Legality approved by Sullivan, Donovan, Heenehan & Hanrahan, of New York City. —v. Natchitoches, the to Carleton D Beh Co., of Des Moines 5s. to was as 34s, 2s, 24s and 24s, at a price of .100.09, a basis of about as Ottawa, highest bidder 2.42%. a — ceive J. re¬ Essex Trust & & Co., of Chicago, White-Phillips Co., of Davenport, as lAjs, at a price of 100.90, a basis of about 1.63%, and in¬ 1970 Frederick — the Shawmut Bank, of Boston. leans; Newman, Brown & Co., and Nusloch, Beaudean & Smith, joint¬ Co.. of St. Louis, Iowa-Des Moines National to Offering 1950. Principal at deemed each 13, 1951. payable Hibernia National Bank, New Or¬ 171, p. 501—were awarded to syndicate composed of the Mer¬ Bank 1954 Bond Reardon, City Treasurer, will \ Feb. 13, interest Rockland-Atlas —v. cantile-Commerce Cambridge, Mass. Feb. on and dated are Storey, Thorndike, Dodge, of Boston. ing lot. fund bonds offered a as from second 2.70%, Moines, Iowa Bond Sale—The $1,250,000 park¬ Feb. 2 ' inclusive, 24s, due on clusive. The awarded to the of 1 Notes The 501—were p. 1953 to ly^ $69,000 refunding bonds offered 30—v. Bank, at 0.81% interest. able at the First National Bank, of Boston. Legality approved by Jeppe, Iowa Sale—The inclusive. $132,000 Feb. Feb. 14 for the purchase of $50,000 gymnasium bonds. 1970 1951 and Dist., Iowa Secretary of the Board of Educa¬ tion. will receive sealed bids until Feb. 1 from 1951 on inclusive, and $442,000 due on Feb. 1 from 150,000 municipal building bonds: $18,000 as 4s, due on Feb. 1 IOWA Bond park tional facilities bonds: house bonds. Sch. The second highest bidder Waltham Citizens National was on 1970 inclusive. (597) terest. tional 1954 to 500,000 Ind. (CST) on Feb. 28 for purchase of S'100,000 school Con. Principal and in¬ terest payable at offices in New York and Boston to be designated . p.m. Bennett inclusive. CHRONICLE Due 4s, due as O. retary of the Board of School Trustees, will receive sealed bids the 1980 FINANCIAL Feb. 1 from by the Trustees of the District. 1951 to 1953 inclusive, and Legality approved by Ropes, Gray, $354,000 as 2Vts, due on Feb. 1 Best, Coolidge & Rugg, of Boston. 000 p.m. Bond Offering—R. Zamora, Sec¬ until, 7 about & from 4 of $775,000 school bonds. Tabasco as basis of $400,000 public library bonds: $46,- Feb. 7 for the purchase on 100.06, a follows: COMMERCIAL A 3,..i960; $35 as follows envr ^ on $40 A each bond on AfiCf re- the issues of May 1, 1946, May 1, 1947, and Nov. 1, 1947, shall have been called for redemption. cipal and interest (M-N) at the Detroit Trust Co., Prin¬ payable Detroit. Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. 46 THE (598) Feb. 20 for the purchase of $139,- MINNESOTA Indep. School District, Clerk will 5 Offering—H. J. Forsberg, of the Board receive (CST) p.m. purchase of sealed Feb. on of $71,400 will sive. Bond Offering—Paul Brom, March from 1 Minnesota Bond 10 receive a.m. purchase Feb. on bids sealed for 9 the $8,421,000 State of bonds, divided of Arkansas highway 1949. Due 1954 to Series July 1, May 1 from Dated on inclusive. Bonds 1969 maturing in 1960 to 1969, are optional Nov. 1, 1959. 3,213,000 refunding Series bonds. Dated April 1, Due 1941 1941. April 1 from 1960 to on inclusive. 1972 ing in 1972 Bonds a»e matur¬ optional April The second National The — iy4s, at 16 4y2s, at as First Iron price of a Offering nomination to No. 67 at the office of the Director of the NEW YORK Tuscarora, Com. Sch. Dist. No. basis a about of price of 2.78%, as follows: 55,000 Due 21/4S. from 1953 2%s. as 1959 to Due on Jan. 1 inclusive. Jan. on 1 addition to the entire tra the above 100.64, of 1950 to July from 1%, July 1, 1951. offered the IV2S, highest Due on Feb. 15 from 1951 to 1958 inclusive. Harold W. Legality Moody, Dorsey, Colman, approved by of St. Paul, Barker, Scott & at bidder Bond and due on Jan. 1980 inclusive. Miss. posed Northern Mercantile-Commerce Bank Co., of St. Louis, Otis & Co., Cleveland, A. Webster Dough¬ tin, Burns & CorbeH, of Chicago, Leftwich & Ross, of Memphis, and the William R. Compton Co., New York, at price of 100.12, of about 1.66%, as follows: a a basis as 2s. Ravalli County Sch. Dists. (P. O. Darby), Mont. Bond Offering — Esther Helen Waldo, District Clerk, will receive sealed bids until 8 p.m. (MST) on Bloomfield, Victor, Canandaigua, Bloom¬ West field and Richmond Central Sch. Dist. No. East Bloomfield), N. Y. Bond I (P. O. Sale—The $324,000 school 1950 bonds offered Jan. 30—v. 171, p. Co., both of New York, and Erickson Perkins & Co., of Rochester, as 2s, at a price of 100.14, basis of about 1.98%. Floral Park, N. Bond O f f Hartman, e r J. until 2 p.m. (EST) on Feb. 8 for the purchase of $42,775, coupon or registered bonds, divided as follows: $12,000 public parking bonds. Due on June 15 from 1950 to 1953 inclusive. • public inclusive. Columbus), of 000, except one & Vandewater, Sykes, Heckler Galloway, of New York City. 17 $1,000,000 will re¬ Glenville The $314,000 Series notes offered Jan. 31 awarded to the Union Free Sch. Dist. awarded to $400,000 pri¬ bonds offered 1950 9th Co., of New York, 1.40s, at a price of Sale—The tion $1,000. school 31—v. awarded to 171, p. 234—were Halsey, Stuart & Co., 100.12, Co., of New York, at a price of 1.40s, as basis of about 1.37%. a Greenwood Lake, N. Bond Sale—The bonds 1950 Y. $31,000 offered water 31—v. Jan. 503—were awarded to the p. First National Bank, of Warwick, 13/4S, at a price of basis of about 1.60%. 100.79, as North Hempstead Sewer a Bond Neck O. (P. Feb. on 7 the for 1973. (M-S) Jamestown Franklin DAKOTA a.m. (EST) purchase of $250,000 construction coupon or registered bonds. Dated Feb. 1, Denomination $1,000. Due April 1 from 1951 to 1970 in¬ clusive. Principal and interest 1950. Jan. 402— p. $72,000 Sewer District Mifflin No. 1, water improvement No: 229 bonds. 28,000 District Sewer No. 1, Sewer 250 bonds. The second Franklin improvement No. , highest bidder was Bosworth & Co., Inc., for a price of 100.09. Braun, Sch. Local Bond Secretary of the Board- of Educa¬ Dorsey, 171, Halsey, Stuart & Inc., as iy4s, at a price of 100.11, a basis of about 1.23%, as Dist. (P. O. Peebles), Ohio tion, will receive sealed and oral bids until 7:30 p.m. (EST) on Feb. 14 for the purchase of $230,000 building 1950 coupon bonds. Dated Jan. 1, 1950. Denomina¬ tion $1,000. Due on Dec. 1 from 1951 to 1969 inclusive. Legality by $100,000 bonds 27-r-v. Co. Franklin Bertha Ebel, — O. Ohio awarded to were Dakota Offering approved Sale—The Bond offered (P. County Columbus), Indep. Sch. Dist., North Bond Principal and interest at the County payable iy4s, at Colman, Barker, Scott & Barber, of Minne¬ Sale—The build¬ $50,000 ing bonds offered Jan. 30—v. 171, p. 143—-were awarded to Seasongood & Mayer, of Cincinnati, as price of 101.57, a basis 23/4s, at of a about 2.62%; Ohio Fremont, Bond Offering Fred — Peltier, City Auditor, will receive sealed noon (EST) on Feb. 11 for the purchase of $8,800 sewer improvement bonds. Dated Jan. 1, bids until 1950.* Denomination $880. Due on Oct. 1 from 1951 to 1960 inclusive. OHIO Interest A-O. Clayton Con. Local Sch. Dist., Goshen Local School District Ohio Offering—Henry A. Sahm, Supervisor, will receive sealed bids until 10:30 and 2y4s, due on June 1 in Great District 1972 apolis. Manhasset), N. Y. Town as 1972 and NORTH offered bonds 1950 and Freeman & jointly, 000 pri¬ in 1 - Treasurer's office. 9,000 school bonds: $3,000 as 2y>s, due on June 1, 1971, and $6,- N. Y. $400,000 June on ' k follows: 1973. Union Free Sch. Dist. No. 6 (P. O. Scarsdale), Bond due on Dated March 1, 1950. Denomina¬ 1, 1971, and $108,000 as-2y4s, basis of about 1.37%. a Greenburgh follows: as Due 1.972 inclusive. to were $185,000 road and bridge bonds: $77,000 as 2V2S, due on June 171, p. 234—were Halsey, Stuart & Co., as 100.12, about 2.34%, of addition, bonds. Series March 1 and Sept. 1 from 1951 Trust Bessemer on Sept. 1 from 1951 house court Third • Due bonds. 1972 inclusive. to 825,000 Carolina — memorial, veterans Series March 1 and CAROLINA North Sale purchase of $1,825,000 the for Fifth Fayetteville Housing Authority, Note Offering—Ella A. McCar- Bond i. (P. O. 7 Treasurer, school Ohio bonds, divided as follows: (P. O. Scarsdale), N. Y. 31—v. (P. O. Franklin County coupon or NORTH Sale—The by Cin¬ cinnati. 1950 improvement approved Legality Peck, Shaffer & Williams, of — Bond Offering—Elizabeth Bond dis, Clerk of the Board of Educa¬ tion, will receive sealed bids un¬ til noon (EST) on Feb. 15 for the Clerk Offering of the (CST) p.m. from 1951 to 1973 inclusive. nomination $28,000 of Inter¬ on chase of bonds. Dated Myron — Board will receive sealed building bonds. Dated Feb. 15, 1950. De¬ nomination $1,000. Due on Dec. 1 purchase (P. O. iDamascus), Ohio - Lan- of West, Education, bids unitl 7:30 Feb. 20 for the pur¬ $10,000 school coupon March 1, 1950. De¬ $1,000. Due on Dee. 1 est J-D. Legality approved by from 1951 to 1960 inclusive. Prin¬ (A-O) payable at the Great Neck Peck, Shaffer & Williams, of Cin¬ cipal and interest (J-D) payable at Trust Co., Great Neck. Legality cinnati. the First National Bank, Salem. approved by Vandewater, Sykes, Green Springs Local Christiansburg, Ohio Heckler & Galloway, of New Bond Sale Details—The $12,500 Sch. Dist:, Ohio York City. water Onondaga County (P. O. Bond sealed 9 will receive (EST) on purchase of $2,- Auditor, bids for until the Serial tered bonds. A memorial war or coupon Feb. Dated regis¬ 1, 1950. Denomination $1,000. Due on Aug. 1 from 1951 to inclusive. 1974 Principal and interest (F-A) pay¬ able at the First Trust & Deposit Co., Syracuse, holder at the or at option Chemical Trust Co., New York Bond purchased by v. Bank of & City. Legal¬ Sale —The addition previously noted in 171, p. 235, were sold at a price of 101.78, a basis of about 2.62%. as v. noon county 1950. bonds 2%s, Offering—Oliver S. Cane, County works McDonald & Co., of Cleveland, as Syracuse), N. Y. Feb. 1 n g—Charles bids 8 500 (EST) Co., of Jersey City, at 0.82% 17 for the purchase of interest. Dated Feb. 28, 1950. building and equipment Due on March 2, 1951. coupon or registered bonds. Dated Iredell County (P. O. Jan. 1, 1950. Denomination $1,000. Due on July 1 from 1951 to 1960 Statesville), N. C. inclusive. Principal and interest Bond Sale The $194,000 re¬ (J-J) payable at the Glenville funding bonds offered Jan. 31— Bank, Scotia. Legality approved v. 171, p. 503—were awarded to by Vandewater, Sykes, Heckler & Alex, Brown & Sons, of Balti¬ Galloway, of New York City. more, at a price of 100.01, a basis 000,000 Y. Village Treasurer, will sealed will receive (EST) on for the purchase of $35,Treasurer, Feb. on 403—were awarded to Roose¬ & Cross, Wood, Struthers & jointly, Village sealed bids until 2 p.m. Feb. the for 15 re¬ (EST) purchase of payable at the Glenville Bank, in Scotia. Legality approved by sealed bids at the velt receive MONTANA Principal and in¬ Y. $29,000 to (J-J) Bristol, a $1,277,000 special street improve¬ ment bonds, as IV2S. 796.000 street intersection bonds, 1951 Midland East & erty & Co., of Philadelphia, Mar¬ Ze- A. IV. Feb. on will Clerk, ley, Clerk of the Board of County Commissioners, will receive sealed bids until 10 a.m. (EST) on Feb. on Trust of District roll, ceive 171, payable at the Ma¬ Trust Co., New York City. Legality approved by Wood, King & Dawson, of New York City. Halsey. Stuart & Co., Trust Co., of Chicago, of Y. Nis- Samuel — Village $10,000 water works bonds. Dated Dec. 15, 1949. Denomination $500. Due oh Dec. 1 from 1951 to 1970 Bank, Scotia, until 11 a.m. E. Weinig from 1 Fletcher, Ohio for $500. Due on July 15 from 1950 to 1954 inclu¬ sive. Principal and interest (J-J) Galloway, & Van¬ Offering—F. H. Robinson, Bond Offering—Edward T. Car¬ $100,000 sanitary sewer system 1950, Series A coupon or regis¬ tered bonds. Dated Jan. 1, 1950 rine $2,073,000 bonds offered Jan. 27—v. 171, p. 401— were awarded to a syndicate com¬ C. North Fairfield, Offering Bond - The second Offering—Joseph terest Jackson, a rello, Village Clerk, will receive sealed bids until 10 a.m. (EST) on Feb. 14 for the purchase of Barber, of Minneapolis, and O. S. Bond Sale—The to 100.02, Croton-On-Hudson, N. Vesta, of Arlington. MISSISSIPPI bonds Co., of Buffalo, was Willard (A-O) payable at United Bank, interest Saugerties Bond Scotia), N. Y. Jan. price of a April 1 from 1951 Principal and MeadowFreeport. the Glenville Fire Dist. No. jointly, awarded were at Heckler York City. Devine & Co., for 1.70s, at a price of 100.10. bids until 7:30 p.m. ground coupon bonds. Dated Feb. 15, 1950. Denomination $1,000. 30 on inclusive. interest 1, and Freeman & $11,000 basis of about 1.48%. District Clerk, will receive sealed (CST) on Feb. purchase of $25,000 play¬ Jan. Marine Trust as Sibley County Indep. Sch. Dist. No. 69 (P. O. Arlington), Minn. Bond Offering—O. H. Meyer, 8 for the build¬ Arcade, N. Y. 1, Due 1968 to Due 1969 in¬ interest or Feb. Dated from 1951 to Principal and payable (F-A) basis of about Sale—The $1,000. registered bonds. Dated Jan. 15, 1950. Denomination $1,- coupon brook National Bank of mary Bond F 1 Jan. 31— & a Aug. clusive. mary Weeks, and Corp., all of York, jointly, as 2.10s, at a price of on 2.04,%. rates, issue will carry an ex¬ coupon J. p.m. Denomination $1,000. Jan. the First of Michigan from 1960 to 1968 inclusive. In C. Hornblower Co., registered Bond York to Series bonds. Greenburgh (P. O. Addison), awarded were 2 Feb. 9 for the purchase 1950, No. 6 bonds offered until bids $150,000 water distribution sys¬ and Sale—The $710,000 Bond ing 1949 New $35,000 as 1 New ing bonds offered Feb. par, on Sch. Dist. Cent. Canisteo 1—v. 171, 503—were awarded to Kalman 6 Co., and Juran & Moody, both Lindley Erwin, build¬ $90,000 a Cameron, Rathbone, Wood hull, Thurs¬ Addison, par. Paul, jointly, at by Wood, of the p. of St. Fi¬ Department of Revenue and Legality approved & in¬ 1955 $126,000 construction bonds. Dated Jan. 1, 1950. Denomination of and the at Scotia, re¬ sealed — Arthur (J-D) payable Delafield to of New York City. way, W. New Due on Dec. 1 $1,000. cipal and interest (P. O. Savage), Minn. Sale—The Bond J. J. — Principal payable Y. Stephen Sykes, from 1950 to 1963 inclusive. Prin¬ Bank, not sold rejected. were N. Offering $90,000 Legality approved by Vandewater, New York City. State Bond was Wooding, City Clerk, will receive sealed bids until 8 p.m. (EST) on Feb. 15 for the purchase of $207,000 school coupon or registered bonds. Dated Dec. 1, 1949. De¬ ton, Scott County par. Bank, Newark, as Long Branch, N. Bond Trust $40,000 awarded were Mountain & Bank price of 100.08. a certificates of indebtedness offered Jan. Freeport, of The — 171, p. 402—were ceive at a price of highest bidder State Hawkins, Mountain Iron, Minn. Sale 1.20s, nance. 1, 1960 to 1971. Certificate Corp., 401—were awarded Bloomfield as 1951 from 1 purchase Feb. 20 for the on dewater, Sykes, Heckler & Gallo¬ Sold all bids received as 1950. the Jan. on (EST) 27—v. tem Co., on of (J-J) Hunt, Village Treasurer, will p. a.m. Feb. 15 for the pur¬ $5,000 equipment 1950 registered bonds. Dated Jan. 1, 1950. Denomination $1,000. Due (EST) chase clusive. 2, 11 until noon will receive sealed bids wonger, Sale—The to No. until bids sealed re¬ ceive sealed bids until noon Not (EST) 171, D. 11 ceive will Treasurer, erties. Legality approved by of < bonds. $65,- NEW JERSEY $5,208,000 construction, '1949 of issue 3s. as R. No. Offering—Gerald L. Sny¬ Village Adah Parker, Education, — Board of the National Bank & Trust Co., Saug¬ Bloomfield, N. J* follows: as O. Dist. Bond der, Offering of school addition bonds offered Jan. Wachob-Bender Omaha, Sch. Com. Amsterdam), N. Y. 30—v. (State of) Secretary of the State investment will Florida $120,000 gen¬ eral refunding bonds offefed Jan. Offering—Charles Foster, Board, City. building bonds has been sold the Bond clusive. until 000 to Galloway, of New York (P. District, Neb. Sold—An Floral Park. Legality by Vandewater, Sykes, Heckler & 1, 1950. School Ainsworth 1960 in¬ 1951 to Co., approved Bonds Bonds M. and NEBRASKA Denomination $1,000. Due 1, 1950. on Dated Jan. Minn. Village Clerk, will receive sealed bids until 8 p.m. (CST) on Feb. 20 for the purchase of $10,000 village hall coupon bonds. Dated March able at the First National Bank & Trust choice pay¬ Clerk Y. Ohio Fairfield), North Bond Saugerties, N. (P. O. Fairfield Local Sch. Dist. Vandewater, Galloway, of approved by Heckler & York City. - Sykes, New Principal and interest (J-D) Board. School of the Principal and interest (J-D) payable at the First and American National Bank, Duluth. Legality approved by Chapman & Cutler, of Chicago. Goodview, first the be ity Dated Dec. 15, 1949. Denomina¬ tion $1,000, except one for $775. serial bonds the second choice inclu¬ 1956 to and 67,600 Darby Con. Sch. Dist. No. 9 bonds. Amortization bonds bonds. Dated June 1, 1949. Denomination $1,000. Due on 1951 choice first School Board. of the $2,400,000 building and improvement from the bonds Amortization be serial bonds the second choice 15 for the coupon 1 1954 inclusive. Dist Sch. bonds. until site acquisition June High Darby Monday, February 6, 1950 CHRONICLE FINANCIAL & 30,775 street improvement bonds. Due on June 15 from i950 to equipment will Education, bids and bonds, divided as follows: Minnesota Bond construction 000 Duluth COMMERCIAL Euclid, Bond Offering City Auditor, Ohio — W. A. Abbott, will receive sealed 171, bonds $35,000 school offered Jan. 26— 235—were awarded to J. A. White & Co., of Cincinnati, as 21/4s, at a price of 100.83, a basis of about 2.18%. The second high¬ p. est bidder was Ryan, Co., for 2y>s, at a Sutherland & price of 102.07. bids until noon (EST) on Feb. 20 Greenville, Ohio Bond Sale—The $60,000 north¬ purchase of $538,000 im¬ line sanitary sewer provement special assessment east trunk bonds. Dated Feb. 1, 1950. Denom¬ bonds offered Feb. 1—v. 171, • p. for the ination from $1,000. Due on Dec. 1 1951 to 1960 inclusive. Inter¬ 402—were awarded to the Ohio Co., of Columbus, as .iy2S, at a est J-D. Legality approved by price of 100.30, a basis of about Peck, Shaffer & Williams, of Cin¬ 1.46%. The second highest bidder was J. A, White & Co., for l3/4s. cinnati. Volume 171 Number 4379 Jackson Local fit. 6, No. Bond in.' Sch. Dist. THE (P. O. $67,000 build- offered Feb. 1 were Stranahan, Harris & Co., Inc., of Toledo, as 23/4s, at a price of 101.58, a basis of about 2.02%. The second highest bidder was J. A. White & Co., for 2%s, at a p lice of 101.55. bonds •awarded to Kenton, Ohio Bond Sale—The system age bonds $280,000 disposal and offered Feb. sewer¬ plant 1—v. 171, p. were awarded to Braun, Bo'worth & Co., Inc., as l3/4s, at a price of 100.43, a basis of about 402 Avenue was The second highest bidder Stranahan, Harris & Co., Inc., for l3/is. Education, will receive sealed bids until the (EST) noon Feb. 21 on purchase of $440,000 and equipment io 1, 1950. Due 1972 Parma Denomination 1 from Dec. on 1951 Principal and interest (J-D) payable at the Cleveland Trust Co., Cleveland, legality approved by Squire, Sanikrs & Dempsey, of Cleveland. < kins, Medina, Ohio Offering—Alicia Village sealed bids Clerk, until G. will Bond Clerk (P. Dist. of the Board of of noon Feb. 16 for the purchase on $900,000 school 1950, Series A bonds. Dated Feb. 1, 1950. De¬ Due on Dec. 1 nomination $1,000. from 1951 to 1965 on improvement bonds. Dated March 1, 1950. Denomination $1,Oct. on 3085 inclusive. 1 from to 1951 Interest A-O. Le- inclusive. Le¬ gality approved by Squire, Sand¬ ers & Dempsey, of Cleveland. Peebles Bond Clerk School District, Board of Bond receive sealed (EST) of equipment bonds. Due 1950. Sept. on J. A. White & Co., of Cincinnati, previously noted in v. 171, p. 23/4s, at a price 1:3,' were sold as 100.60, a basis of about 2.62%. of Iton-Union Exempted Sch. Dist. (P. O. West Milton), Ohio Offering — Harris H. Bond Sbanck, Clerk the of Board of Education, will receive sealed bids Until Willougliby of $116,000 bonds. Dated Feb. 3 5 from 1951 to 15, 1950. Due on Dec. 1973 inclusive, principal and interest (J-D) pay¬ Local Sch. Dist. Clerk of the Board of Edu¬ cation, will receive sealed bids until noon (EST) on Feb. 24 for Feb. of $280,000 perma¬ improvement bonds. Dated 1, 1950... Denomination $1,000. Due on 1 Dec. inclusive. Squire, from 1951 Legality Sanders 1969 to approved by Dempsey, & of pur¬ construction Bond Local Sch. Ohio Dist., bonds. Dated Feb. 1, from 1951 to Due 1970 Le¬ approved by Squire, San¬ Dempsey, of Cleveland. Plymouth Village Sch. Dist., Ohio Bond Offering—E. C. Cashman, Clerk of the Board of Education, will receive sealed bids until (EST) on chase of bonds. Feb. for 21 $18,000 to follows: as equipment about in v. Dated Jan. 1, Local Sch. Dist. River Bond Clerk (P. O. Clar- ington), Ohio Offering —J. P. of the Board of Ollom, Education, will receive sealed bids until (EST) of noon Feb. 23 for the purchase on $207,000 building able at the Citizens National Bank, West Milton. Legality approved by ment coupon Peck, Shaffer & Williams, of Cin¬ on cinnati. and equip¬ clusive. 1950. bonds. Dated Jan. 1, Denomination April 1 from $1,000. 1951 to Due 1973 in¬ $80,000 on interest bid a cost of previously noted as Canfield, of Oklahoma City. City (P. Royalton Local Sch. Dist. O. Brecksville, R. F. D. Bond 3), Ohio. Offering—W. C. Clerk-Treasurer Education," bids until of will noon the Donnet, Board receive (EST) (P. O. North Star), Ohio Offering—L. L. Blakeley, Clerk of the Board of Education, Bond No. on of sealed Feb. 14 will receive (EST) noon purchase bonds. ing nomination bonds. Dated Denomination Dec. 15 from Jan. $1,000. 1951 to 15, 1950. Due on 1972 inclu¬ sive. Principal and interest (J-D) payable at the Brecksville Bank, Brecksville. Legality approved by Squire, Sanders & Dempsey, of Cleveland. Norwich Township (P. Hilliards), Ohio O. Bond Sale The $20,000 fire equipment building bonds offered — Jan. 27 v. 171, p. 235 — were awarded to J. A. White & Co., of — Cincinnati. . on of for the purchase of $225,000 build¬ sealed No. Bond Offering—D. W. • Clerk will 8 of the Board receive purchase of "Feb. $22,000 Dated Jan. 17 for the Clerk, N. 15, 1950. Due De¬ 15 from 1951 to 1972 inclusive. In¬ Feb. on of bids bonds, divided bonds. Due as for 7 $72,000 the building Due from 1953 to 1960 in¬ improvement Denomination March 1 bonds. $1,000. Due from will noon receive (EST) purchase of sealed 1957 inclusive. McAlesterj on Feb. 24 until for the $40,000 construction and equipment coupon bonds. Dated Jan. 1, 1950. Denomination $1,000. Due on April 1 from 1951 bonds Sale—The offered 2631—were $90,500 Dec. school 31—v. awarded to 170, p. Fordyce & Co., of Portland, on a bid re¬ flecting a net interest cost of about 1952 Township Sch. Dist. (P. O, Bethel), Pa. Sale—The $17,000 Bond bonds offered except one for March 1 from on 1952 to 1962 inclusive. Dated Sale system 1, 1950. Principal (M-S) payable at the at price of a p. par. Bradford Twp. Sch. Dist. Bond bonds Sale—The (P. O. offered $84,000 Jan. school 31—v., 171, p. 236—were awarded to the Citizens National Bank, of 114s, at Producers Bank & was Co., Bradford, price of 100.29. a as price of 100.01, a basis 1.24%. The second high¬ a of about est bidder Bay, Ore. — for iy2s, at The $205,000 water general obligation bonds Jan. 27—v. 171, p. 143— awarded were Okla. 171, Bradford, March Coos Bond school 27—v. Bradford), Pa. $1,000, $508.20. Due and interest Jan. 403—were awarded to the Myerstown Trust Co., Myerstown, as 2s, on 1961 to Bethel to Blyth & Co., Emlenton, Pa. Sale Details—The Bond $57,000 obligation bonds pur¬ by Howard J. Burgwin & general chased United States National Bank, both Portland, and the Coos Bay Na¬ Co., of Pittsburgh, as l3/4s, at a of 100.62, as previously jointly, price (EST) at a price of 98.91, a basis of about noted in v. 171, p. 236, are dated on Feb. 8 for the purchase of Jan. 1, 1950, are in the denomina¬ The second highest bid¬ $200,000 airport bonds. Due from 2.48%. der was First National Bank, Port¬ tion of $1,000, and mature on Jan. 1953 to 1966 inclusive. 1 from 1951 to 1969 inclusive. land, and Associates, at a price of Legality approved by Burgwin, Osage County Dependent Sch. Dist. 98.65, a basis of about 2.52%. No. 77 (P. O. Route 3, Churchill, Ruffin & Hazlett, of Douglas County, North Roseburg Pittsburgh. Ponca City), Okla. Sanitary District (P. O. Box 176, Bond Offering — Emmert Gard¬ Erie Housing Authority, Pa. Roseburg), Ore. ner, Clerk of the Board of Edu¬ Note Sale —The $1,172,000 12th Bond Sale Details—The $225,000 cation, will receive sealed bids series notes offered Jan. 31 were until 2:30 p.m. (CST) on Feb. 7 sewer construction and treatment awarded to the Central Hanover for the purchase of $16,000 build¬ plant bonds purchased by Pacific Bank & Trust Co., of New York, ing bonds. Due from 1953 to 1960 Northwest Co., of Seattle; Fordyce at 0.82%. Dated Feb. 28, 1950. & Co., and the Chas. N. Tripp Co., inclusive. Due on Sept. 1, 1950. both of Pbrtland, jointly, as pre¬ Ottawa County Dependent viously noted in v. 171, p. 236— Munhall, Pa. Sch. Dist. No. 7 (P. O. Bond Offering—John H. Perciwere sold at a price of par, as Miami), Okla. follows: val, Borough Secretary, will re¬ Bond Offeringr—Celest City non, Clerk/ O'Ban- will receive of tional Bank, of Coos Bay, until'7:30 p.m. bids sealed Stern Bros. & on a Co., of Kansas City, bid reflecting a net interest cost of about noted in at a 1.72%, 171, v. as previously 143—were sold p. price of 100.09, as follows: $37,500 as 1953 50,000 3s. Due to as 1955 114 on Jan. 15 from inclusive. Due s. . Jan. on 15 $73,000 33/4s. as Due Jan. on 15 from 1951 to 1958 inclusive. 75,000 4s. as Due Jan. 15 from on as 4y4s. Due Jan. on 15 City Recorder, will receive sealed (PST) on Feb. 20 for the purchase of $1,000,000 gen¬ eral obligation water and electric utility bonds. 50,000 as lV2s. Due Jan. on 15 as iy4s. Due on Jan. as 2s. 1968 and Due on Jan. 15 Bond 000 Sale 15 Offering Denomination 1 sive. All from — $1,000. 1950 bonds to Due maturing and Washington School District Bonney Slop), Ore. $450,- works, Series 1950 bonds purchased by the First Na¬ bonds offered Dec. 2 — tional Bank & Trust Co., of Okla¬ 2178—were awarded to homa-City, and Associates, on a bid reflecting a net interest cost 2y4s, at of of about 2.15%. as after any No. 8-83 Jt. (P. O. Springs, Okla. 2.09%, on 1970 inclu¬ interest due date after March 1, 1961. par on previously Bond Sale—The National a $1,000. 1, $350,1950. Due on Co., Homestead. Legality by Burgwin, Churchill, Hazlett, of Pittsburgh. approved Pennsylvania (Commonwealth of) Offering—Charles R. Bar¬ Bond ber, State Treasurer, will receive bids Feb. 16 until for 11 a.m. (EST) purchase of the $375,000,000 veterans pon Mary Clark, District Clerk, will receive sealed bids until 8 p.m. (PST) on Feb. 13 for the purchase of $500,000 build¬ ing bonds. Dated March 1, 1950. Multnomah water about 19 in 1969. Details—The No. (P. O. Springfield), Ore. Bond Counties Sands Dist. Feb. Ruffin & sealed Sch. March 1, 1961, shall be callable at from 1960 to 1963 inclusive. 50,000 County Dated Feb. 1 from 1952 to 1963 inclusive. on Lane bonds. Trust Eugene, Ore. Offering—Henry F. Beistel, bids until 2 p.m. 000 Principal and interest payable at the Peoples First National Bank & from 1965 to 1969 inclusive. Bond ceive sealed bids until 8 p.m.(EST) on Feb. 9 for the purchase of Denomination 1959 to 1964 inclusive. 77,000 March from 1956 to 1959 inclusive. Education, bids Multnomah (P. O. Beaverton), Ore. Bond bonds. Denomina¬ sewer tion offered 24,000 of and Ore. Offering—E. F. Fortmiller, City Recorder, will receive sealed bids until 7:30 p.m. (PST) on Feb. 8 for the purchase of $99,508.20 bonds, divided as follows: inclusive. 1961 to 1953 to Washington Local Sch. Dist. (P. O. Alledonia), Ohio Bond Offering—Floyd Phillips, Board Treasurer's PENNSYLVANIA Albany, from from 1964 to 1967 inclusive. of the City Counties Sch. Dist. No. 57-Jt. until Bond will receive (CST) on 5,000 cemetery bonds. Dhe from cinnati. Clerk the Washington Schroede, City Treasurer's office. 1959 terest J-D. Legality approved by Peck, Shaffer & Williams, of Cin¬ at Trust Dec. on 2, 1950. Denomination $836, except one for Principal and interest $821.87. OREGON Har- follows: building $1,000. 8 p.m. (PST) on Feb. 7 for the purchase of $8,345.87 improve¬ ment bonds. Dated Jan. Education, sealed (CST) p.m. Feb. 8 for the purchase of $52,000 until bids price of 100.46. office. sealed bids until! p.m. $47,000 park highest Commis¬ until payable 2.11%. Wabash Twp, Local Sch. Dist. Bond a Prineville, Ore. Bond Offering—J. F. Hall, City Recorder, will receive sealed bids County Indep. Sch. Dist. 88 (P. O. Adams), Okla. 54,508.20 — North second State was sion, for 2y>s, at Texas inclusive. Principal and interest Minford Local Sch. Dist., Ohio payable at the First Na¬ Bond Sale—The $212,000 build-- tional Bank, Clarington. intl and improvement bonds of¬ Thompson Twp. Local Sch. Dist. fered Jan. 30—v. 171, p. 402—were (P. O. Bellevue), Ohio awarded to Hayden, Miller & Co., Bond Sale Details—The $12,000 Bond Sale The $49,000 im¬ and Olderman, Asbeck & Co., both- provement bonds offered Jan. 27 building bonds purchased by the of Cleveland, jointly, as 2y2s, at —v. 171, p. 504—were awarded to First National Bank, of Miami, on & price of 101.30, a basis of about Fahey, Clark & Co., of Cleveland, a bid reflecting a net interest cost 2.37%. The second highest bidder as 1.56%, as previously 2V4s, at a price of 100.52, a of about wus Braun, Bosworth & Co., Inc., basis of about 2.20%. noted in v. 171, p. 403, were sold as 2y2s, at a price of 100.68. at a price of par, as follows: $10,United Local Sch. Dist. (P. O. 000 as iy2s, due from 1953 to 1957 Mount Sterling, Ohio St. Johns), Ohio Bond Sale Details—The inclusive, and $2,000 as l3/4s, due $20,000 Bond Sale Details—The $180,000 street lighting system bonds in 1958. pur¬ building bonds purchased by J. A. chased by Sweney, Cartwright & White & Co., of Cincinnati, at a Payne County Indep. Sch. No. 16 Co., of Columbus, as previously price of 101.86, as previously (P. O. Stillwater), Okla. noted in v. 171, p. 235, were sold noted in v. 171, p. 403, were sold Bond Sale Details—The $212,000 as 2V4s, at a price of 101.13, a basis as 214s, a basis of about 2.05%. construction bonds purchased by of about (A-O) 1 171, p. 236, were awarded to Calvert & Due from Guymon, Okla. Bond-Offering—Hugh man, De¬ Principal and interest (A-O) pay¬ able at the Peoples National Bank, Plymouth. Jan. on inclusive. pur¬ 1950. 1.691%, 2.33%. The 1975 inclusive. net a about bidder Sale Details—The $45,000.00 15/1950. 1960 construction nomination $1,000. Due on April 1 from 1951 to 1956 inclusive. Due 1970 to reflecting noon the 2y4s. as 171, p. 236—were awarded Blyth & Co., of Portland, as 2s, at a price of 98.05, a basis of to 2.19%. * Dated Feb. 1950. De¬ on Oct. 1 inclusive. Jan. 1 from on Sulphur, Okla. son, nomination $1,000. inclusive. 1965 Due 1 ?>.. transportation bonds. L 1953 25—v. Jan. on Oceanlake, Ore. Sale—The $35,000 sewage disposal plant bonds offered Jan. 3 $35,000 building "bonds. Offering—K. L. Edmond- Clerk of the Board of Educa¬ tion, will receive sealed bids until noon (EST) on Feb. 16 for the purchase of $160,000 building to 2s. Dewey County Tndep. Sch. Dist. 5,000 Due system bonds sold bonds. bonds, divided Interest A-Omr 1 . * ■ No. Jan. on clusive. .OKLAHOMA xJj-AW."- 1959 as Bond purchase nent l%s. as from 1951 Jr., the Due 47 Bond 1954 to 1958 inclusive. 130,000 Interest M-S. Twp. 2y2s. as sold were follows: 1, (P. O. Willoughby), Ohio Offering—James T. Smith, noon the Dated April 1, 1950. Due April 1 and Oct. 1 from 1951 to 1972 inclusive. (EST) on Feb. 17 for (he purchase of $300,000 improve¬ ment from 1 235, p. par, as 1966 to 1969 inclusive. and Bond Education, for 10 80.000 pur¬ Feb. 7.for the purchase of $40,000 chase noon Denomination $1,000. W. noon Jan. 171, v. from sewer improvement Details—The $10,000 improvement bonds purchased by Dated inclusive. 1967 until bonds. Feb. gality Sale bids Feb. 11 for the $20,000 fire house on chase to in (599) price of a $100,000 Hollberg, Jr., Village Clerk, will on on at 140,000 Waverly, Ohio Offering — Charles (P. O. Leedey), Okla. Bond Offering—Sealed bids will be received ttritil 2 p.m. (CST) on (EST) noted from Ohio will receive sealed bids until ders & Bond Powhatan Point. Offering—Hugh F. Smith, of the jnlity Mesopotamia Twp. Local Sch. Dist. (P. O. Mesopotamia), Ohio Bank, the at Cleveland. ders approved by Squire, San¬ & Dempsey, of Cleveland. Principal and payable National CHRONICLE O. Education, will receive sealed bids until Hop¬ receive (EST) noon Mb. 17 for the purchase of $75,000 Due Sch. Station, Cleveland 9), Ohio Offering—J. H. Wanek, Perrysville sewer 00 0. City FINANCIAL (A-O) Ryan, Brooklyn bonds. inclusive. Bond 28 Suther¬ land & Co., of Toledo. Dated Feb. 1, 1950. Denomination $500. Due on May 1 and Nov. 1 from 1951 to 1960 inclusive. Principal and in¬ terest payable at the First Na¬ tional Bank, Osborn. Legality ap¬ proved by Peck, Shaffer & Wil¬ liams, of Cincinnati. building coupon to First & inclusive. interest -»lk- Dated Feb. $•1,000. for Special Improvement awarded were (EST) Maple Heights City Sch. Dist. (P. O. Bedford), Ohio Bond Offering — F. J. Vasek, Clerk-Treasurer of the Board of Maple $16,500 Assessment bonds offered Jan. — 1.71%. Sale—The 1970 to Osborh, Ohio Bond Hillsboro), Ohio Sale—The COMMERCIAL bonus bonds. Dated March Denomination March 1 $1,000. from 1952 to 1, Due 1965 cou¬ 1950. on incl. Principal and interest (M-S) pay¬ Philadelphia National Bank, of Philadelphia, Loan and Transfer Agent of the Common¬ wealth, or, at the option of the holder, at the Mellon National able at the Bank at the & Trust Co., Pittsburgh, or City Bank, New National York. Legality approved by Town- send, Elliott & Munson, of Phila¬ delphia, and Reed, Smith, Shaw & McClay, of Pittsburgh. Swissvale School District (P. O. $21,000 school v. Pittsburgh 18), Pa. Bond Offering—W. C. 170, p. Reader, District First, Secretary, will receive the Bank, of Portland, as price of 100.52, a basis sealed bids until 8 p.m. (EST) on 14 for the purchase of $29,- Feb. 000 school coupon bonds. Dated 48 Feb. 1, 1950. Due Denomination $1,000. Feb. on inclusive. 1960 1952 to from 1 approved by Burgwin, Churchill, Ruffin Hazlett, of Pittsburgh. & Legality Turtle Bond Sch. Creek Dist., of New York, McAlister, Smith & Greenville, of Inc., Pate, & Broome Stockton and of At¬ Co., lanta, at a price of par, a basis of 1.74%, as follows: about $220,000 Pa. Feb. 1 on - Due on Feb. 1 in 1959 and 1960. % 200,000 Secretary of the Board of School Directors, will receive sealed bids until 9 a.m. (EST) on Feb. 14 for the purchase of $50,000 school coupon bonds. Dated Feb. 1, 1950. Denomination $1,000. Due on Due 2y4s. as from 1955 to 1958 inclusive. Offering—Robert Watson, 2s. as Due on Feb. 1 410,000 as IV2S. inclusive. from 1.961 to 1964 Due 435,000 as l3/4s. Feb. 1 on from 1965 to 1968 inclusive. The Feb. 1 from 1952 to .1960 inclusive, highest bidder second was legality approved by Burgwin, Union Securities Corp., New York, Churchill, Ruffin & Hazlett, of Eastman, Dillon & Co., F. S. Moseley & Co., Hornblower & Weeks, Pittsburgh. and Frank S. Smith & Co., jointly, Upper Darby Twp. Sch. Dist. as 2Vjs and 13/4S, at a price of (P. O. Upper Darby), Pa. 100.05, a basis of about 1.84%. Bond Sale—The $1,650,000 site SOUTH DAKOTA acquisition, building and equip¬ offered bonds ment 31—v. Jan. awarded to Halsey, Stuart & Co. Inc., Lehman Bros., Hornblower & Weeks, both of New York, and Harrison & Co., of Philadelphia, jointly, as 13/4S, at a price of 100.63, a basis of about 1.69%. The second highest bidder was Harriman Ripley & 171, 236 p. Huron were — torium of County Authority, .awarded the to Jan., 31 Bessemer Savings Bank, 1S/4S, at as price of a basis of about 1.16%. a sold building has 'bonds National First the to Bank, of Crossville, TEXAS Sale—The Bond ing fered Feb. 1 First $450,000 fund¬ improvement and of¬ bonds awarded to the were Boston Corp., as l%s, at a price of 101.04, a basis of about 1.53% interest. The second high¬ bidder est Butcher was & Sher- Terd, Wurts, Dulles & Co., J. W. R. L. Day & Sparks & Co., and Co., jointly, for l%s, at price of a 100.77. Bond Sale Details—The $150,000 1949 bonds Series due Nov. 10 from 1951 to 1954 on inclusive; $10,000 Nov. 2%s, due as 3s, due on Nov. 10 from 1960 to 1964 inclusive; $85,sive; $10,000 000 as 3M>s, due as Nov. 10 from on inclusive, and $40,000 1965 to 1978 3!4s, due on Nov. 10 from 1979 1982 inclusive. as Brownwood, Texas Bond Sale—The $200,000 R. I. Note Sale The — 15th $976 000 Series notes offered Jan. 31 awarded the to Bessemer were Trust Co., of Jersey City, at 0.80% in¬ terest. Dated Feb. 28, 1950. Due on Sept. 1, 1950. Housing Authority, Rhode Island \ Note Sale—The the to 16th $1,309,000 Series notes offered Jan. 31 awarded 171, the Central Chase interest. Due were ing Dated Feb. net a Note Jan. offered 31 awarded were atreet, Series Bank, mon pur¬ New York, jointly, Bros. & Hutzler, interest. 0.86% at notes Chase National and Salo¬ chased by the 28, Series 734,000 33rd Bank. mon notes pur¬ Chase National New York, and Salo¬ and park improve¬ sewer 403—were awarded to a syndi¬ cate composed of Phelps, Fenn & p. Co., Shields & Co., both of New York, Clement A. Evans & Co., of Atlanta, Wood, Gundy & Co., Inc., Bros. & Hutzler, jointly, interest. at 0.85% fire, ment bonds offered Feb. 2—v. 171. County 1,000,000 33rd Series notes pur¬ chased by the Central Han¬ over Bank & Trust Co., New Offering sealed bids until 11 28, 1950. Legality has school by Sykes, Galloway, of New York the declared close of a business February 17, 1950. Checks will be mailed by the Bank¬ Trust Company, 16 Wall Street, ers New York 15, N. Y., Transfer Agent. R. i n v, P. u 1951 Principal Caldwell, interest Bond Sale—The house bonds Dist., QUEBEC (M-N) bid a offered reflecting Jan. 25,000 Trimble ed & Due 1951 follows: as March on as 2y4s. Due 50,000 as 2V2S. Due highest bidder Quebec, was price a of 100.96, (P. O. jointly, as pre¬ v. 171, p. 403, were sold as follows: $125,000 as 21/2S, due on Feb. 15 from 1951 to in (CST) 1961 $1,000. Principal and interest (F-A) 3loS. Dated Dec. divided Due bonds. on 1955 incl. Feb. 1 from 1951 to Thetford 1949. 1, Sch. Mines t ^ ^ y Commission, on Feb. 1951 from 1 to 1957 inclusive. 1.300.000 park bonds. Due on 1 from 1951 to Sale—The Bond awarded to Toronto, as 3L4s, basis a Dated Dec. Feb. 1958 inclusive. 23 & Gairdner at of a I school $37,000 Jan. offered bonds 97.77, 1,000,000 county building bonds. pay¬ X Dec. 011 Quebec airport Due Due from 1955 to 1964 inclusive. a.m. Feb. 20 for the purchase on $600,000 1970 to 11 of 3s. Due on Dec. 1950 to 1954 inclusive. 86,500 as follows: as 1960 inclusive, and $175,000 as 3s, 15 from until both jointly, at a price of basis of about 3.74%, as from M. Treasurer will sealed bids Bou» $83,500 as. Milwaukee), Wis. Offering — Clarence Sonimers,'County Garneau, Canada, du : 97.56, a follows: Milwaukee County Bond to vinciale basis of a about 1.65%. Texas Denomination were at Antonio, Feb. 17 langer, Ltd., and the Banque Pro- awarded were — of $5,600,000 coupon bonds, on the to F. S. Yantis & Co., of Chicago, as l3/4s, 236 Co., and R. K. Dunbar & Co., both inclusive. $170,000 schoot Jan. offered bonds city $60,000 receive San School Commission, Que. Bond Sale—The Bond Sale Details—The $300,000 electric, water and sewer bonds purchased by Rauscher, Pierce & viously noted 1, 1950, Monique-Des-Saules, hall bonds offered Jan. 31—v. 171, Dittmar & Co., on a bid reflecting a net interest cost of about 2.39%. Hearne, Ste. Due to Dated rJan. 1—v. Wis. The — 1961 awarded p. from 1965 to 1974 inclusive. The second Sale from 011 Jan. 1 1965 inclusive. 3y>s. as from rejected. Mauston, Bond March 15 on 32,000 $295,000 404—were not sold as all 15 March 15 on Wis. Feb. offered & Robert 1951 bonds were Geoffrion, as 3s. Due on Jan. 1 to 1960 inclusive. $83,000 171, inclusive. 1959 to 1 school p. school Gelinas, Inc., of Montreal, at a price of 98.50, a basis of about No. Sold—The Not the to 3.45%, as follows: District Avenue, Green Bay) Bonds bids received from 1960 to 1964 inclusive. due Quebec Sale—The $115,000 Bond bonds offered Jan. 17 were award¬ (P. O. 116 West Allouez 26—v. net interest a 2.37%, 2s. as Allouez School $125,000 school 171, p. 403 — were awarded to Rauscher, Pierce & Co., of Dallas, of Charlemagne School Commission„ Mitchell, of New York City. Texas May 26, 1950. on CANADA Legality approved by Marshall, Bank, of Milwaukee, at Dated Feb. 28, Due inclusive. 1984 to and New York. Dallas. were of Co., price of 3.48%. about 1, 3949. Due Dec. I on from 1950 to 1969 inclusive. Unifed Stales Savings Bonds Issued VIRGINIA Redeemed Va. Bond Offering—Samuel W. Cotten, First will receive bids sealed until for the $470,000 water im¬ provement 1950, Series R cou¬ pon bonds. Dated March 1, 1950. (EST) purchase of p.m. Denomination f Amount Due $1,000. on 1970 Series A-1935 ioD-1939 (matured). $3,087 $2,884 $203 Series D-2940 .1.304 302 1.002 23.16 558 119 439 21.33 $4,949 $3,306 $1,643 66.80 Series March from 1 to and First the at 1951 National bonds Bank Winsted, in Oated December 9, Hurlbut The at pur¬ of Wtnsted. the State of gality approved by Wood, King & Dawson, of New York City. he to Authority, Washington Note Housing Sale—The $1,604,000 Series notes offered Jan. 31 Total _______— 93.42"'* Series A-D________C_:~_ Series E: Series E-1941 E-1942 6,579 463. 1,120 29.1S " 2,995 3,984 42.91 1.581 Series . the 1949. National Bank Winsted, In of Winsted. the State of Con- present claims for'payment to EDWARD F. Bessemer 11,235 5,676 5,558 50.52 E-1944 13.085 6,817 6,267 52.10 E-1945 10,194 5,176 Series E-1946 4,460 '•1,367 Series E-1947 4,119 .,.1,371 Series E-1948 4.235 1,087 Series E-1949 3,826 508 3,318 13.28: were Trust December 9. 1949. at 0.80% in¬ Dated Feb. 28, 1950. Due terest. County — 1 0th Bessemer Trust Co., of Jersey City, at 0.82% in¬ terest, plus a premium of $3. Wash. Sale—The $485,000 Jan. 30 — of v. to mu¬ 171, p. a E $59,714 $25,959 $33,754 Series A-E_. $64,662 $29,265 $35,397 404 — 45.26) and G-1941___ 1,545 288 1,257 18.64 Series F and G-1942________ 3,223 707 2,516 21.94 Series F and G-1943________ 3,397 787 2,610 23.17 Series F 3,726 709 3,017 19.03 Series F and G-1945 3,167 493 2,673 15.57 3,002 402 2,600 13.39 ' and G-1944_. G-1946— ____ F and G-1947_._ 2,592 263 2,329 10.15- Series F and. G-1948 3,035 112 2,924 3.69- 1,558 15 1,542 .96 $25,244 $3,776 $21,468 183 133 45 $3,087 $2,884 87,002 30,295 $90,089 $33,179 Series F and G-1949__ 4 Total Series F and G—2—— were as l^s", at a price of basis of about 1.43%. Tacoma, Bond Offering Controller, Wash. — Unclassified will receive (PST) on sales and redemptions Series—Total matured Total Lyle Lemley, sealed bids until 2 p.m., . - 43.47 Series F All City Series tlJohn Nuveen & Co., Chicago, 100.57, 25.67 , ' Series nicipal light and power revenue. Series LR-8, 1933 bonds offered awarded 3,148 Total Series F and Seattle, Bond , 33.28 Series F and G: $183,000 The the to r 41.86 2,748 V . 50.77 2,593 Authority, Series notes offered Jan. 31 were awarded 5,018 . Total Housing Washington Note Sale McARDLE, Liquidating Agent. to 21st E-1943 Co., of Jersey City, undersigned at said bank. "H*ted _____ Series WASHINGTON BUNNELL. H. lecticut, is closing its affairs. All creditors )f the association are therefore hereby lotified Ami, Issued Merchants National Bank, of Richmond. Le¬ $325,000 Liquidating Agent. ocated Outstdg. A-D: Series D-2941 pay¬ J Amount incl. Principal and interest (M-S) Redeemed of Issued +Amount Redeemed 15 Feb. 011 necessarily add to totals) Percent 3 Series Conaecticut, is closing Its affairs. All creditors >f the association are therefore hereby lotified to present claims for payment to •he undersigned at said bank. at and Through December 31, 1949 (Dollar amounts la millions—rounded and will not Superintendent, Acting City Sept. 1, 1950. MEIKLEJOHN Treasurer . January,26, 1930 from WISCONSIN Giddings Indep. Sch. awarded this dividend of twentyfive cents per share on the Common Stock of the Company payable March 6, 1950, to stockholders of record at day Due approved Bremerton CLARENCE Directors $1,000. April 1 from 1951 to 1980 incl. on Eagle Pass Indep. Sch. Dist., Texas The of 1 31 were Wisconsin First the to interest. 1950. on holder, at the National City Bank, a.m. Denomination bonds. Due on Sept. 1, 1950. ocated Board receive (EST) 000,000 county mainland hospital LIQUIDATION NOTICES The 0.75% will payable at*the State Treasurer's office, or at the option of the King N. Y. sealed March 1 for the purchase of $180,000 school bonds. Dated May 1, 1950. Denomination $1,000. Due on May Education, Ross (CST) on Feb. 24 for the purchase of $1,- jointly, on a bid reflecting a net New York 22, Predecki, will " receive Series notes offered Jan. awarded National Offering—C. Authority, Wita $1,600,000 11th Sale—The Note Series Feb. non-callable Avenue I. — Auditor, County by Dewar, Robertson & Pancoast, of San Antonio, and Rauscher, Pierce & Co., of Dallas, 445 Park O. York, at 0.80% interest. Dated chased ELECTRIC BOAT COMPANY (P. O. (P. County Marys), W. Va. bids until 2 p.m. Dar. Galveston), Texas Bond able Bond Sale Details—The DIVIDEND NOTICE Galveston United was Bank, Galveston, Drice of a Chicago. Wil¬ Bond Legality' ap¬ Milwaukee Housing liamson, President of the Board of sec¬ Harrisonburg, $468,000 32nd Greenville, S. C. $1,265,000 bidder National The St. office. as follows: SOUTH CAROLINA Sale—The highest States for 2s. at 1.99%. Treasurer's proved by Chapman & Cutler, of WEST VIRGINIA Pleasants 1950. Denomina-. 1, by McCall, Parkhurst & Crowe, of Authority, Texas Sale—The $2,202,000 notes chased by the Bond basis of about ond Legality of New York City. son, from 1 Principal and interest (F-A) payable at the office of the fiscal agent of the County in New York City, or at the County approved by Wood, King & Daw¬ 1 Feb. Dated Feb. on 1957 inclusive. tion $1,000. at the fiscal agency of the or State in New York City. Due < 1955 to registered bonds. Dated March 1, 1950. Denomination $1,000. Principal and interest (M-S) pay¬ able at the City Treasurer's of¬ $35,000 munici¬ pal Band Shell bonds offered Jan. 31—v. 171, p. 504—were awarded to Rotan, Mosle & Moreland, of Houston, as 2s, at a price of 100.05, a bonds. coupon or fice, metropolitan sewerage 2,700,000 of $900,- 1950 revenue bid reflect¬ able at the Mercantile National interest cost of about Bank, Dallas. Legality approved 2.54%. National Sept. 1, 1950. on p. water Texas, of Dallas, on a ler, both of New York, jointly, at 0.86% 403—were awarded to Investment Co., of —v. Bank, and Salomon Bros. & Hutz- 1950. school, 1950 bonds offered Jan. 30 Series Dallas Housing Woonsocket 1970. inclusive. to Feb. 15 for the purchase 000 Bond Sale—The on 1959 inclu¬ 1955 to from 10 ISLAND Newport Housing Authority, 1964 Galveston, Texas pur¬ by Moss, .Moore & Co., of Dallas, as previously noted in v. 171, p. 403, were sold at a price of par, as follows: $5,000 as 2s, to RHODE from from chased Williamsport, Pa. •" 1957 Anson, Texas . hospital, March 3, 1951. on Jan. 1 from 1951 to incl.; $98,000 as 2Vis, due on Jan. 1 from 1958 to 1963 inclusive, and $149,000 as 2-Vfcs, due on Jan. 1 iy4s, due $45,000 Trust ... 2.32%, as 171, p. 504 v. follows: $78,000 as as cost of about wej'e Co., of Jersey City, at 0.81% inter¬ est. Dated Feb. 28, 1950. Due on sold —were on 33/4s. as about of City. (P. O. Crossville), Tenn. Bonds Sold—An issue of $240,school cost Monday, February 6, 1950 CHRONICLE: FINANCIAL previously noted in Heckler & Cumberland County been $741,000.. 10th aeries notes offered — TENNESSEE 000 Housing Pa. Sale —The Note Chicago, 101.05, 26 Jan. offered 236—were awarded to p. the Harris Trust & price of 100.26. a Washington bonds 171, v. Co., Inc., Smith Barney & Co., Kidder, Peabody & Co., and W. H. Newbold's Son & Co., jointly, for l%s, at Indep. Sch. Dist., S. Dak. * Sale—The $550,000 audi¬ Bond interest •„ , . & COMMERCIAL THE (600) unmatured .Grand ♦Less Total ; 4-t+_U-»< than $500,000. it :t ttaciudes accrued discount. 14.96- • $203 1 93.42 56,707 34.82 $56,910* p. 36,83 ! iCurrent. redemption valiffc, J