The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
m i "** 0«C^ UNIVERSITY of miv^h;gan administrate business Volume 173 1 ISSUE '» jfl.N ib ; MONDAY ; Number 4977 New York;N; Y., Monday, January 15, 1951 Price 90 Cents General 'i RAILROAD 1 r * ' •• ■ • ■ PUBLIC UTILITY - T . , ■ • INDUSTRIAL - INSURANCE - plans company $2,000,000 a City, Pa., plant which calls foundry. An*. application for for expansion two certificate a at program the of necessity has in five in years its tax returns.—V. •. Air •/,, 172, ■., off •'>. •[",.;'■■ ■ Sept. 30— / : Net profit No. capital 1950 sales Earnings after 1Q4Q 1Q4Q $6,608,275 $5,965,917 taxes— ;• ' 18,014 shareSi„iL__L,-:-L_....___ share.,— per , 29,159 127,567 *75,355 127,309 $0.14 . - $0.23 -The of stockholders 6% new Jan. on cumulative to 500,000 127,567 The of I, shares. shares directors the The of will vote stock common it would be stockholders. \ will be It at stock. The in respect of preferred stock each be may outstanding converted , i tiLr , f -, , . v , to Midwest of > „. at <• November— San i : 1950 1949 $320,603 147,051 52,921 |, Net ry. oper. income— sj From Jan. i— ' ■'( Gross from railway 72,573 22,619 \{ from from Net V ry. —V. - • 5,405,381 2,040,786 income— 807,225 448,634 costs, Co. to the SEC purchase later from in fee and 12,000 of acres in the month Alabama [certain'coal lands and mineral rights in $1,250,000. The lands involved cover 16,000 owned Fuel State and City 'The * Iron Walker County (Ala.) for including 4,000 acres acres^ mineral and surface I 37 debt Foreign 41 « Gross Net November and the Bond and ry. from from Net ry. —V. $1,567,084 in 447,825 468,636 253,136 - 16,840,222 14,733,706 3,137,929 4,548,230 1,356,970 1,911,467 ' :: ' Rates 2,425,066 Virginia Slate Commission on Dec, $2,000,000 5% second preferred stock, authorized The stock N; capitalization company to C. help of mated, recently finance Halifax will . •• .... to 27 its expansion authorized series $5,975,000, announced the A, Allegheny Ludlum The $4.50 plus 3,357,855 1,597,796 Operating Gross, the Int. and thus increasing the System Roanoke pfd. Divs. & which, it was of ,The ' Mrs. ; —V. Jean 171, is of reported the Cades to and Alfred The Central Jan. . the the -offer, had of to Ford at the been common, -• * • Total M. L. - F-rer * r " ** a share share shares of 81% the of of will Central American be on made Jan. effectiveness by the holders of the total by York for the re-> outstanding to than to trust Exchange $274,126, amount $635,000 notes more Curb down the of notes oil production owns and as 1, of $909,472 ' paid was facilltion Venezuela.—V. the March that from in 170, 3,299,576 off Texas 1389. p. . ; Gas Jan. 2,425,964 •38,452,476 31. of the was McGuire, stock interest ruling the by declined rate of $150,000 at Washington, D. C.( the company, Government the shifted be to any out a Court of the on .12,287,561 11,959,508 26,164,915 23,448,764 2,159,000 2,381,600 22,784,439 15,016,417 :j'r 63,461 *945,858 stock offer of will mandate in Appeals—a order made after 3,380,476 Commission, whose, functions have Department. The department argued, judgment against the commissioners could these individuals were no longer in tne gov¬ Commerce because " Ohio ^ a . "'; . " U. S. & Court of Appeals.—V. " order requiring in company the 172, gave 2217. p. Processing Co.—Acquisition— Holly, N. C., 23,146,448 15,642,899 1,462,558 26,526,923 -243,752 207,754 Cr21,383 Cr75,493 • . . 2,025,843 2,407,588 —V. 1,917,908 on Jan. 1,330,298 24,191,431 forms 435,032 sheet of a t + 4 $8,193,623 * '■! ■" . 1950 1949 1948 $42,169,263 $31,501,237 $33,237,908 2,423,542 656,287 1,697,930 pfd. stock—. 99,762 * 101,305 1 04.046 com. stock366,572 366,572 366,572 declared on declared per on common share $6.34 $1.51 f $4.35 1457. /, ■ . banks to on ,, .. ,, „ . . Inc.—Bank Credit Agreement— Dec, made 29 arrangements with three mid- borrow up to $5,000,000 over the next five years. amount, $3,000,000 has been drawn on 2%% "A" term notes and has been used to repay existing bank loans. The company informed the New York Stock Exchange that additional borrowings 720,209 be used for The Trust V. share of 1,270,280 23,756,399 121,302,690 stk.: com. estimated as Federal tOn dividends banks & general corporate purposes. are First National involved Bank Savings Bank and American National 172, p. 1926. ' , of Bank Chicago, of Harris Indianapolis.— - ... $4.77 $4.28 $4.77 year,, income undistributed net : .We want $4.71 taxes on un¬ income of offerings of- High Grade Securities Suitable for Retail Distribution by parent company.—V. 172, . Electroshield are being metal Edward D. Jones & Co. increased, by Joseph Kinney, Jr., President. near future to assist In Some - sheets, it was facili¬ production of present backlog. announcement "'Electroshield, in \ taxes corporation western 22,022,900 60,017 2,025,843 subsidiaries. 11 >> m Sept. 30-*— after 171, .p. The Cr72,095 ' tDrl34,438 Cladmetals Co.—To Increase Facilities— be completed *... K sales income will include ' $7,825,065 Of this per earnings of ' 1950—11 Mos.—1949 $1,028,703 24,075,246 shares outstanding shares outstanding during to • Arvin Industries, stk. earnings 1950—Month—1949 2377. p. / Earnings Inc. tRestated which base Judge McGuire refused to set Armstrong Rubber Co. (& Subs.)—Earnings— 8,432,347 2,408,416 ^ com. 172, Dividends -7—-r- for known The it Su- > s *945,858 r provide for., heavier demand for its facilities of this company at Carnegie, Pa., will the of the final appeal to the Net 2,184,751 co. tax,. net American ties favor decision immediately of Year Ended 8,432,347 <* 63,461 r expected to be received made 15 m *' 1 1. system p.)2477. will Delivery the 3,380,476" 4,980,818 j Dec. Net co.) average \ the ' Maritime $1,028,960 —V. 1,435,742 Adjust, consol. system /■'Loss." 12 by Angerman Co., Inc.—Dec. Sales Slightly Higher— preferred stock (parent counsel. Dec. suit brought by the Dollar'interests against Chairman E., S. Land and filed was the old the that S. contended stock of enforced Dividends (adjusted) i on held now review; Period End. Dec. 31— ' - income Cons.-system Divs. / annually with 2377. p. in carried U. to Sales — co.) Fed. On - offer Matthew American Yarn deductions On is common and 172, from 35,408,271 1,000,221 1,077,115 Cons.: parent and (parent tEst. subs, common. 15, the at s • / 2,248,212 Consol. - Ohio amortized The company has recently acquired a building in Mount Whitehall Knitting Mills, Inc.—V. 172, p. 1433. ,> 34,428,130 income A class of 131,735 shares of Central outstanding.—V. 172, p. 2477. principal $375,000.—V. McGuire's members notice Elec. & net income Expens. announced that its exchange offer to Co., stockholders would be effective as of close of business accepted or $ 2,222,461 above).. Chairman) represent Jenning, Electric Co.—Extends Offer— each of Gas Announcement / -36,642,519 ' To 72/100ths American expire formed 1951. Under receive & company on Jan. 9 Ohio Light & Power 10, been consists Bincarousky. ' American Gas t $ • income Subs. distributed A. f { have It company. Committee— 1781. p. - 2,367,801 3,199,237 ,v r ■ Gas and earns, committee $ 9,341,798 — consol. ' las on Mellon American Bantam Car Co.—Protective A > , calling all the of aside his the Government to surrender $8,000,000 worth of stock to the Dollar interests. The Government attorneys 1950- -12 Mos.—1949 163,732,452 150,189,398 127,089,933' 115,761,268 stocks net subs, Co. Co., *New stockholders 1951, collateral New company be 92% a recover On 11,709,599 Co.) , Steel Corp.—Calls Preferred Stock Feb. 2, 195i. National Bank & Trust Co., Pittsburgh, and the Bankers York, have been designated as redemption agents for the purpose.—V. 173, p. 101, I the amounted The will interests other (owned by A. E. American esti¬ were business ' - _— con^iion on r Rapids, company has elected to redeem all outstanding shares of its cumulative preferred stock on Feb. 6, 1951 at $103 per share, accumulations of 67 cents per share. At last accounts The 2021. p. resolutipn a 15, reduced its on told The payment Court to 45 —l__ earned/ for, com. G. issuing additional at and preme 45 — 14,591,505 deducts., dividends,, Undistrib. plant 98,523 shares outstanding. "Holders of the preferred stock may convert their stock into common at the conversion price of $32.50 per share of common stock. For purposes of conversion, the value of the preferred stock is to be taken at $100 per share. This conversion right terminates at the close Trust 172, other stocks issuance stock ) of 1950 owed debt 1949. 1949. that Judge of Federal 1950—Month—1949 - income income Bal. dividend there 10.—V. Government, actually belonged to R. S. Dollar and associates of San Francisco/ Calif. The Justice Department had challenged the action in the new proceedings in the Court. V- 10 11,392,269 Undistrib. f . . obligations.-.- during this Dollar Subsids. Consol.i . intentioif "of of Paper Co., Inc., its subsidiary, $5,500,000.—V. 166, p. 2093. cost current Federal Judge CONSOLIDATED INCOME ACCOUNT y Operating revenues •incl: The the Jan. on royalty interests in Colombia final ruled —45 a Statement — Reserve Period End. Oct. 31— Albemarle Paper Mfg. Co.—Pfd. Stock Authorized— of ■„ American President Lines, Ltd.—Gov't to Appeal— 48 _____42 - > 31, years been 15,091,884 77,823 16,112,963 income— • American Molasses Co.—Loans Placed Privately— Condition Statement of Member Banks of 213,315 274,175 2117. p. 1 : • adopted before Feb. or company March, and has not $1,521,659 204,836 railway—4,308,713 oper. 172, on interest last, therefore, 1947 $1,235,072 581,233 railway— • • . 1948 Erom Jan. 1— Gross Net .< ernment. 1949 income— oper. 18, at[ Dec. 12 Payable____J__* Banks Federal i $1,701,333 railway— railway— • company recently borrowed- $2,000,000 from the Chase National of the City of New York, Second National 'Bank of Boston, Commercial National Bank & Trust Co. of New York, and an insurance company to refinance long:-term debt. The new loan will run for Offerings_ii_L— Clearings- Exchange Over- 1950 from from Net than The Dec. Exchange™—32 Bank of Declared Reserve r Alabama Great Southern RR.—Earnings— • i Jan.;, 10 on par fompany 1946. * November— other The 1935. In addition tp the the company also owns iron ore mines at have been inactive since 1924.—V. 158, p. 81, properties, directors accumulated Section.___u._40 — > & Investment News_Cover Combined Condition i ■ mining is usual V by • notes. __38 con¬ Margaret mine in St. Clair County, Ala., the last of three oper¬ ated by the company, was closed down a few days before Dec. 5. The \ Acmar, also in St. Clair County, was idled in \ ton' in Jefferson County, has been shut since Course Dividends Co. The Russellville, Ala., which formed Frederick R. Ryan, President, said that funds for retirement of this had been derived entirely from earnings. After redemption of the collateral notes, he explained, the company will be free from Redemption Calls and Sinking Fund Notices__44 authorized & interest, taining approximately 73,000,000 tons;of recoverable coal. V . I coal ' announced was at the General Corporation 7;, the announcement by Prince DeBardeleben, President, on that this company was going out of the coal business and would Power Exchange™ ™l readily debt Miscellaneous Features •* ■ Following Alabama cart-be It Bank Alabama Fuel & Iron Co.—Plans Liquidation—Sale of Coal Lands Approved— ^liquidate, due to rising the i' • collateral 36 757,672 -v Dec. 5, ar.d pro¬ communications. 2021. p. >-. . demption 1,561,350 1,036,213 - * ■> „ The 35 4,781,681 : v . sizes for The- 4,203,206 1,001,655 2117. equipped ) L__35 Exchange tele¬ • Dow, Jones Stock and Bond Averages,_ ^ __31 National Quotation Industrial Stock Averages_31 81,177 mill and specifications American Maracaibo Co.—To Retire Notes— .35 Exchange, Markets '•» lorces,- it Transactions New York Curb Exchange__™_32 160,414 80,372 4,605,128 ', p. Exchange.. Transactions New York Stock $461,434 165,509 1,547,623 oper. 172, Stock Exchange Stock vessels 33 Toronto Stock Exchange—Curb r 172, N. radio meets share.—V. 172, p. 745. 1 j ________^_____34 Exchange-- Stock S. ( 32 Curb Toronto - Stock U. and American Machine & Foundry Co.—Plans Expansion— The company is considering the acquiring of new production facili¬ ties in view of contemplated heavy equipment demands for the rtrmed ' __32 — Exchange 1947 railway— Net from Exchange, Over-the-Counter 1948 $491,281, ., standard ' ___32 Stock Montreal on *• ■, $422,061 Net in per ______27 Exchange Francisco Montreal par - , railway railway— Gross Stock Pittsburgh common stock • Exchange Philadelphia-Baltimore stock part 11 Exchange- Los Angeles Stock Akron, Canton, & Youngstown RR.—Earnings— ,( all systems Laundry Machinery Co.—Secondary Offering—A secondary offering of 9,000 shares of common stock (par $20) was made on Jan. 9 by Blyth & Co., Inc., at $25 per share, with a dealer concession of 70 cents —23 Detroit Stock Exchange - on common in or Curb Stock Cincinnati Stock 1950, preferred Stock New York Boston % shares 29, common all (Bonds)™ a share into ashare-for-share basis, and may be redeemed and accrued dividends.—V. 171, p. 1457. , of (Stocks) Exchange shares).. dividend a Exchange large part into-preferred 19501 as share one Dec. on capitalize 30, slock and 300,000 treasury to Sept.. such preferred anticipated that is distributed of desirable stock and to distribute \ 11 outstanding (exclusive $10) (par from $1) (par had surplus-.($1,861,£70 stock to radar, as Cladmetals, Electroshield Is being communications American Page New York Stock $0.56 authorizing. 200,000 shares on preferred stock common corporation believe earned 25 convertible increasing the authorized -•* • New York v* 134,905- Plans Creation of New Preferred Stock, Part of Which Will Be Distributed to Common Stockholders— r .•• systems such by American available Stock and Bond Quotations [ \ communication military applying This Issue the $6,113,201 Net In for methods."—V. Associates, Inc.—Earnings— Year Ended filed in Introduced duced the 841. p. :•• /. of been with the National Security' Resources Board to permit writing cost interference vision. Ellwood buildings and relocation new MISCELLANEOUS - , Aetna-Standard Engineering Co.—Plans Expansion— .The ||\ Copy a further cladmetal rolled 1871 St. Louis 2, Missouri Members New York Stock . . Exchange Phone Midwest Stock Exchange added: of Established 300 North 4th St. copper magnetic low carbon steel, bonded serves to inseparably eliminate to outside CEntral 7600 Chicago Board of Trade New York Curb Exchange (Associate) Bell Teletype SL 593 ; 2 The Commercial and Financial Chronicle (198) interest from the amount Undisclosed this corporation in Armour by a syndi¬ Bernard. R estate oi cate headed by M. N. and H. J. Sobiloff. The company has plants in Massachusetts, Connecticut, Rhode Island and South Carolina. No change is contemplated in the present management.—V. 172, p. 661. company on FOR EARNINGS Atlantic & Danville Ry.—Earnings- from Gross Net from Net ry. $95,824 $159,641 railway— railway-, 7,552 —— expenses 5,749,142 594,898 6,376 *16,555 1,329,084 343,574 Net 329,240 82,035 *9,712 .— Other Equipment Joint (Dr) rents rents fac. 323,939 363,562 566 — 27,643 (Dr)_— 3,637,679 326,794 2,965,765 360,553 From Jan. 1— from Gross Net railway railway from Net ry. — —— income oper. ^Deficit.—V. —. —— 172, _____■ —— ry. Minneapolis-Moline Co. below—V. 171, etc.) after Inc. 1042. p. Continent Avon Allied Products, Inc.—Merger, directors The Dec. on voted 6 to etc.— Net Products, Avon merge Inc., $477,149 80,008 $4,507,770 901,388 $5,473,640 833,840 a -V. distributing subsidiary, and to change the company's to Avon Products, Inc. The merger and the name change became (rtls., 269,722 282,528 3,015,224 3,227,644 $221,126 $274,629 188,034 $3,292,256 $2,181,514 2,041,576 2.096,086 $86,595 $1,250,680 $85,428 __ fixed chgs. 183,753 charges income $37,373 __ * 172, p. 2478. effective at the close of 1950.—V. 16S, p. (Arnold) Brilhart, Ltd.—Successor Company— 902. See Allied Avon /-•.* , Products, Inc.—New Name— "■ -1 ■ ' . Products, . •." , Inc. above. - • 1 '.V 4' letter A directors Dec. 100,000 on 650,000 shares.—V. authorized an Sept; were 172, 2378. p. holder,- with filed was be redeemed the at March l, 1951 at 104 Va%. The bonds will the Louisville & Nashville RR. CO., 71 on office of Broadway, New York, N. Y.—V. 172, p. 282. The Jan. 4 filed - ., Co.—Registers With SEC— registration statement with the SEC bonds, due Feb. 1, 1981, to be public sale at competitive bidding. a Net proceeds of the financing are to be used for the construction of company covering offered new on $15,000,000 first of a mortgage for , facilities and , for other corporate purposes. Construction expendi¬ tures in 1950 approximated $16,500,000, including approximately $8,600,000 for generating capacity; and the construction program for 1951 is estimated at $21,000,000, including generating facilities additional generating plant at Goldsboro a Lumberton at of approximately Construction expenditures for the three years ending with estimated are at Catholic Bishop of Cleveland, Ohio—Notes Of¬ (The) the SEC Jan. on 4 covering Plastics Corp. was formerly known as Arnold Brilhart, Ltd. fered—McMahon & Hoban, Inc., Chicago, 111., are offer¬ ing $1,500,000 2y4% to 3^% serial notes due $100,000 annually on Jan. 15 from 1952 to 1966, inclusive, at prices to yield from 2% to 3.42%, according to maturity. —V. 168, p. 2428. Basin Oil Co. of California—New Name— * Basin Oil Co. above. Bates Manufacturing Co.—Plans 350% Stock Dividend stockholders Jan. on Berlin, N. H.—Three New Directors— Centennial Turf Club, Inc.—Stock Offering— 30 vote will on member as a authorized increasing the The company on Aug. 29, 1950 offered $320,000 of 6% sinking debentures due Jan. l, 1965 and 32,000 shares of common (par $5) in units of $100 of debentures and stock at $150 per unit, without underwriting. The and proceeds loans This —V. to 662. p. to etc. increased financing 172, used were the pay directors, fund stock of common shares 10 r .. balance of construction costs • debentures outstanding to $1,576,200. • the of preferred stockholders protective com¬ mittee during the reorganization, and since that time as Chairman of the common stockholders' committee. Judge McTague, former Justice of the Supreme Court of Ontario, represents substantial interests in the company held in Canada, and Mr. Sullivan is Ex-Secretary of the Navy. The voting trustees are Charles Francis Adams and T. Jefferson Coolidge of Boston, and Ernest M. Hopkins, Chairman of the Board of the National Life Insurance Co. of Montpelier, Vt., and President Emeritus of Dartmouth College of Hanover, N. H. —V. 172, p. 1626. I:"". * Basin Oil Co.—Changes Name— The under¬ no Y.—Filing N. was made on Jan. 8 by L. F. Whittemore, President, voting trustees of the company, acting under the voting trust agreement of Oct. 1, 1941, had appointed William B. Joyce of New York, Charles P. McTague of Toronto, and John L. Sullivan of Wash¬ ington, D. C., as directors to fill vacancies caused by the resignation of Henry P. Kendall of Boston, R. Howard Webster of Montreal, and the death of John H. Fahey of Swampscott, Mass. Mr. Joyce is President of William B. Joyce Co., insurance brokers of New York, and has long been interested in the affairs of Brown Co. as a stock¬ The name of this company has been changed to Basin Oil Co. of California, effective Nov. 1; 1950.—V. 164, p. 3139. £,■ 1722. p. that the During the fiscal year ended shares of Austin-Western Co. ^outstanding of • 163, Announcement Austin-Western. 30, 1950, 73,629 no par class purchased and retired and the remaining 20,263 class A shares exchanged for new $1 par common stock, under a plan of recapitalization; on the basis of 15 common shares for each class A share. There are now 303,945 common shares * notification of Brown Co., ' See Republican are the share of »A below.—V. Corp., Mineola, L. I., to Brilhart plan, for the There public advertising. approximately $50,500,000. To complete this program, the. company expects to issue and sell approximately $20,000,000 of securities in addition to the present bond issue.—V. 172, p. 2478. (par five cents) to be sold at public highest bidder cn Feb. 14 by Adrian II. Mulier & Son, auctioneers, 39 Broadway, New York, N. Y., for the account of General Acceptance Corp., Allentown, Pa. 14 which is subject to working out of all necessary details, issuance by the company of 486,312 shares of common stock In exchange for 303,945 outstanding common shares of AustinWestern Col This is a ratio of 1.6 shares of the-company for each The calls through the sinking fund 1953 shares of common stock auction approved a plan to acquire all the out¬ standing common stock of Austin-Western Co. of Aurora, 111. which makes road construction equipment and other machinery. The club. P. Morgan & Co. Incorporated, as trustee, is notifying holders of mortgage 4% bonds, series A, due Sept. 1, 1965, that $106,000 principal amount of these bonds have been drawn by lot for redemption With SEC—Stock to Be Auctioned— Acquisition Corp.—Proposed Corp, Plastics of members no . " Baldwin-Lima-Hamilton Plastics Brilhart Brilhart to social Carolina, Clinchfield & Ohio Ry.—Partial Redemption $11,800,000. See Avon offered be to and there will be J. and Wholly-owned name is arrangements, first $5,409,158 $6,307,480 $557,157 $490,848 ._ deduction? interest, (B. F.) Avery & Sons Co.—Proposed Merger— See $417,940 72,908 income Gross Total 5 income- oper. income stock common, writing Carolina Power & Light 2217. p. The Party and members of the proposed *78,064 33,404 ... income——— new $50,000 $74,500 1950—11 Mos.—1949 $6,873,436 $77,764,796 $75,150,524 5,434,007 60,698,719 61,222,046 566,075 7,627,964 6,094,385 $7,086,545 Taxes $140,000; furnishings, $200,building, $725,000. This will leave a balance of $24,500 proceeds from sale of Founder's Stock, or a total of for working capital. .. and plu3 AND FIRST ELEVEN MONTHS 1950—Month—1949 revenues Operating Operating 1949 1950 oper. NOVEMBER Period End. Nov. 30— November— 000; Dec. 15 announced that the holders of more than the required 75% of each class of aflected securities have assented to the plan of capital modification under the Mahaffie Act. The period for submission of assents has been declared closed and the right to revoke assents has been terminated. The purchased for an been has Monday, January 15, 1951 . . $150,500; renovation of existing buildings, Boston & Maine RR.—Plan Approved— (The) Aspinook Corp.—New Control— Controlling . Central Ohio Light & Power Co.—Exchange Offer— See American Electric & Gas Co. above.—V. 172, p. ''' 2479. - Central RR. Co. of New Jersey—Earnings— 1947 1950 1949 1948 $3,514,398 $2,936,142 396,646 *235,328 $3,441,080 273,389 *417,174 33,949,295 39,201,232 November— from Gross railway— Net from railway Net ry. oper. income. __ 386,467 *376,785 $3,193,291 '< 250,737 *526,383 ' Buffalo Traction Co., Inc.- capital stock from 391,500 shares to 3,000,000 shares, for the primary purpose of permitting the payment of a 350% stock dividend. H. D. Ruhm, Jr., President, said: "The proposed stock dividend is designed to capitalize earnings which have been reinvested in the business over a period of years. Since a substantial portion of the undistributed earnings has been reinvested in capital assets, it is the judgment of directors that it should logically be transferred to capital See International Cambria & Indiana Gross from Net from ry, Net from ry. Net 1950 railway—,. railway from .Net ry. * A _ 1949 • 1948 1 205,718 $752,251 '311,486 55,271 131,800 _ 8,543,555 _ 4,035,277 7,707,384 3,435,967 8,844,989 3,366,894 1,629,489 1,307,873 1,522,173 8,019,393 3,316,460 1,792,220 (A. S.) Beck Shoe Corp.—Current Sales Higher— Period End. Dec. 31— 1950—5 Wks—1949 Sales-.— $5,700,060 NOTE—These V. 172, 116, p. do not Period End. Nov. 30— sales oper. of Adler Operating revenues Operating expenses Operating taxes ___ — „_ $ * Deficit.—V. ■ 172, p. from ry. Gross On shares Dec. a 27,195,737 1,799,782 21,743,976 1948 ry. each share of railway railway.— $337,655 $355,753 *53,934 $333,729 *20,782 income— *114,285 *95,483 *105,751 $306,118 *7,779 *83,744 . State from railway Net from railway— ' Net ry. oper. 1949 $1,990,463 168,964 $956,179 •■57,092 181,235 93,317 22,777,820 6,777,309 20,109,786 4,656,464 Income Gross from railway railway— Net ry. oper. income— ' * Deficit.—V. 172, 1,001,939 4,714,053 907,616 income,— *315,184 *198,389 9,837 *113,120 oper. p. Bond Sai?8 172, —V. ry. $175,515 $205,518 $193,232 36,102 *8,646 *123,598 *33,068 income—_ oper. 1949 1948 1947 *37,916 *71,269 *182,667 *97,879 2,140,876 *161,894 from railway from railway- ry. 1,983,629 *594,435 *1,206,578 2,208,672 1,946,533 *532,216 *1,196,412 income— oper. Deficit.—V. *875,974 *576,392 *1,220,209 172, p. 2218. Operating Operating of revenue $2,612,585 49,153 profit Net profit after taxes, etc 20,264 172, p. 2218. $2,463,789 $2,194,428 1,012,095 820,478 1,086,076 774,224 Dec. on 12 voted to change the 9,725,000 railway—— 1,924,222 768,944 income oper. 172, p. 8,747,000 9,603,000 8,591,025 1,064,989 54,036 1,857,526 776,650 1,471,542 349,770 »: 46,832 2218., Chadbourn Hosiery Mills, Inc.—Sells Plant— Mojud Hosiery Co., Inc. below.—V. 165, p. 935. 7 , 5,234,061 3,96q,608 7,648,818 of regulatory approval shares to effect authorities.—V. 172, 1827. p. 9,629,390 The 1950—12 Mos.—1949 $82,770,091 ■' t corporation ,. on Jan. 10 covering 25,000 shares of stock is to be offered 172, 8862,896 . $7,164,304 i Western Carolina Ry.1950 Novemberfrom Gross $7,753,432 $693,980 2022. p. $418,827 railway railwayoper. Income -Earnings— "1947 1949 ' 1948 $357,320 $442;800 $367,722 119,229 56,753 64,367 84,043* 36,014 68,567 75,663 25,017 4,468,560 from from Gross 4,687,793 4,118,937 Net Net —V. 903,956 619,798 434,918 246,912 railway- from 909,023 4,072,664 463,013 income— 447,610 135,816 railway oper. ry. 172, P. 2118. Chesapeake & Potomac Telephone Co. of Virginia—To Borrow— 7 „■ V-'- • - The . Virginia State Corporation Commission Dec. on 11 authorized company to borrow an additional $10,000,000 on short-term from the Ameiican Telephone & Telegraph Co., parent, during payable on or notes 1951, 1) 1956, at an interest rate of 2.75%. Sim¬ to the company during 1950 and 1949. The before Jan. ilar authority was given company had $3,475,000 outstanding in short-term obligations parent as of Sept. 30, 1950.—V. 158, p. 2359. to the 1950 1948 1949 1947 railway-— $22,024,797 $20,376,637 $21,029,323 $19,391,056 6,793,355 railway— 8,344,432 7,485,637 5,400,371 Net ry. oper. income 3,153,230 3,699,132 3,441,059 2,225,620 Gross Net from from filed a registration statement with the stock, $50 par (non-voting) .* public sale at $50 per share. No Hill for Club. Proceeds poses in of the stock the following Gross Net from from Net ry. railway 215,644,056 200,572,221 221,542,422 198,387,763 67,746,038 railway 67,328,675 46,357,821 63,471,874 income— 30,261,395 30,640,087 17,831,212 28,677,869 p. 2479. oper. —V. 172, common underwriting is involved. The company was organized In Delaware' March 25, 1950. The principal business intended to be done "consists of the purchase and maintenance of land and buildings, the renovation and furnishing thereof and the carrying out of any construction necessary to house the headquarters of the Republican National Committee, its affiliates and a proposed membership club to be organized and called the Capi¬ tol President, O. K. Anderson, who has —V. 1950—10 Mos.—1949 1950—Month—1949 - From Jan. 1— Capitol Hill Associates, Inc., Washington, D. C.—Regis¬ ters With Securities and Exchange Commission— 7,560,283 * Lyon-Palace Corp.—Sales Show Gain- Period End. Nov. 30— Sales November— authorized common stock from 240,000 $100 par shares to 960,000 $25 par a 4-for- split, subject to SEO as 124,223 Chicago, Burlington & Quincy RR.— -Earnings— Capital Transit Co.—Split-Up Approved— 1947 21,583,025 1950—Month—1949 H. T. Vance has succeeded *27,885 * 172, p. 2378. The stockholders 1948 25,117,281 10,456,970 Boston Fund, Inc.—New President— resigned.-rV. 152,971 the Capital Airlines, Inc.—Earnings for November, 1950— —V. $10,871,957 $10,114,964 $76,196,336 2378. $796,909 213,593 From Jan. 1— 1950 $251,433 railway— railway— Net Stores, Inc.—December Sales Increased— p. $952,000 From Jan. 1— The Period End. Dec. 31— railway— from *Deficit.—V. Net 2478. from from Net 2118. p. ry. 1947 $791,000 74,134 $989,000 . 1948 1949 1950 railway Charleston & 5,105,195 785,403 5,100,578 557,622 From Jan. 1— Net from 731,114 16,569,387 5,920,409 *f 7,349,221 From Jan. 1— • 4,534,028 , Gross Bessemer & Lake Erie RE.- -Earnings— 1950 •. railway—_ railway.—__ November— 16,124,942 10,830,349 of *20,899 Canadian Pacific Lines in Vermont—Earnings— Bendix. 19, the company filed with the Secretary certificate of dissolution.—V. 172, p. 2218. November— Gross 3,787,752 _ r&ilway-—329,943 oper. income— 225,552 Net ry. 18 for Net 1947 *Deficit.—V. 172, * Avco 6,494,170 income2218. i Chanslor & 1949 from from Net 15,259,035 177,875,750 151,369,948 11,381,110 128,972,173 123,956,125 1,571,722 21,707,840 11,288,881 1,806,731 of 19,218,891 7,468,517 9,626,870 See 1950 oper. Net approved the transfer of the company's assets to Avco Manufacturing Corp. in exchange for shares of the latter, and the dissolution of the company which will hereafter be the Bendix Home Appliances division of Avco. The exchange basis Delaware 703,163 15,814,076 5,628,544 7,882,665 from 1,990,100 *444,580 *1,052,803 *531,867 729,616 19*7 $1,579,272 560,676 646,708 868,503 17,812,608 ._ railway p. from Net from *1,142,678 $1,709,116 520,183 Central Vermont Ry. Inc.- -Earnings- ry. *749,522 $1,365,358 526,803 November— Net ' 2,214,000 1,882,000 railway- oper. 172, Net *1,306,918 ' 1948* 1949 $1,558,820 _ . ■ company 2478. from Net two ry. *50,469 *105,836 *412,432 From Jan. 1— Bendix Home Appliances, Inc.—Sale—Dissolved— was from Net Canadian Pacific Lines in Maine—Earnings— Gross $ 2,306,203 Dec. Net —V. Gross 1,061,223 :V , Pennsylvania—Earnings— income— oper. $186,000 2,269,000 Corporation.— 2,310,449 on $162,000 ' railwayrailway- from 1947 Grcss from railway—— Net from railway— Net ry. oper. income.— Gross The stockholders ry. 1948' - *106,461 2478. p. $269,000 1949 *54,986 from Net Net oper. income Net after charges <• *105,521 15,291,259 178,164,903 151,691,574 32,224 289,153 321,626 16,702,396 12,325,307 2,066,640 . above 41,701 1950—11 Mos.—1949 $ 23,326 rev.. purchase' the *15,661 Pennsylvania—Earnings— 16,725,722 the of *4,151,885 1950—52 Wks.—1949 1950—Month—1949 Operating revenues stock to ry. oper. income— From Jan. 1—. $5,018,496 $41,434,786 $39,636,109 include $ 172, railway railway Net Net Bell Telephone Co. of —V. 1950 November— figures preferred offered *2,698,756 2218. From Jan. 1— Holders desiring to accept the offer were asked to with the Royal Trust Co., Montreal, by Jan. 15, 1898. from Net Uncollectible of recently $227,000 *49,792 2218. p. shares Net their shares November— Net railway railway— Net ry. oper. Income— —V. 172, p. 2218. from Net ' Gross from Gross 14,000 443,686 Canadian National Lines in New England—Earnings— . v From Jan. 1— ;» 30,691 Co. 34,267,201 3,382,401 1950 from from Gross Refining 4,712,653 *3,078,792 November- Net Gross $727,051 259,878 593,286 1947 $671,473 117,771 429,195 25,962 t 637,512 2218. p. Products $140 per share. 1951.—V. .'322,776 *> $62,437 $796,959 _ income— oper. Corn deposit Beaumont, Sour Lake & Western Ry.—Earnings— from 1,510,140 172, p. ._ "• 35,278 1,405,188 12,703 3,208,237 *4,145,703 ._ Central RR. Co. of *15,602 Canada Starch Co., Ltd.—Offer for Preferred Stock— outstanding November— 66,647 1,119,124 * 147,650 5,131,226 36,681,325 __ ofier. income. Deficit.—V. Gross * railway- railway— $129,801 ^ . income— 172, $135,137 30,502 90,279 1,346,146 railway——_ oper. The at Gross ry. 1947 $93,392 4,636 49,520 ^ ■ railway— 'Deficit.—V. 1926. p. $139,771 37,002 income oper. from Net addition, nearly $1,500,000 par value of preferred stock has been purchased and retired by the company in the past five years."— 172, railway— railway— 1948 1949 1950 From Jan. 1— Gross has been added to working capital to handle the com¬ pany's increased volume of business; and roughly $6,000,000 has *heen expended during the period in research and advertising. These sums have greatly strengthened the comyany's competitive position and insured the future security of both stockholders and employees. In $11,400,000 V. from Net * the five years elapsed since Dec. 31, 1945, more than has been invested in plant and equipment; /approximately "During from Gross 951. p. RR.—Earnings- November— account. $9,850,000 164, Net Net investment below.- -V. Co. Ry. From Jan. 1— -Exchange of Bonds— sales will be used order of priority: for general corporate pur¬ purchase price of property. Chicago & Eastern Illinois RR.—Earnings— November— Gross from railway railway Net ry. oper. income Net from From Jan. Gross 1948 1949 $2,263,938 417,448' - . 1947 $2,870,752' $2,458,027 580,597 431,851 t 533,232 139,412 232,846 103,147 27,106,517 25,581,730 29,813,895 25,634,304 1-4 from railway Net from railway. Net ry. oper. income —V. 1950 $2,753,829 886,385 172, p. 2218. 7,217,110 3,688,173 3,841,968 ' 965,825 5,411,538*1,991,270 ! '3,525,436 419,493 Number 4977 Volume 173 .. The Commercial and Financial Chronicle „ sale Chicago Great Western Ry. —Earnings— 1947 $2,922,965 28,338,868 5,904,042 2,082,420 960,847 $2,816,810 860,015 313,198 313,416 $2,992,516 707,620 265,749 railway—30,306,714 8,958,934 Net ry. oper. income— 3,299,591 —V. 172, p. 2218. 29,554,321 32,438,095 7,139,587 8,789,961 2,337,101 3,354,558 $2,959,286 from Gross Net Net ry. railway railway- from income— oper. from from Net railway—— financing nature the has been BUSINESS—Company is 826,625 324,915 around metropolitan area Illinois. Northern Chicago and 1948 516,109 298,844 $898,438 382,090 282,593 170,172 238,020 $738,411 290,481 177,197 Net from Net ry. 9,586,486 4,353,839 6,847,516 2,385,581 918,275 8,921,879 3,701,622 2,164,919 railway income— oper. GIVING EFFECT from railway Net. fi'om railway— Net ry. oper. income —V. 1,833,340 7,333,115 2,549,237 1,435,009 PURCHASERS—The 172, p. 2218, amounts 1950 from railway railway Net from Net 1949- 1948 1947 $2 829,290 $2,880,058 $2,726,622 Grcss 626,176 499,460 30,463,083 5,524,571 1,620,374 29 ,012,968 Net Net ry. ^-V. income-;.- oper. 172, • 31,179,993 28,314,295 3 ,899,176 5,180,070 866,781 1,495,705 4,624,302 1,095,546 C. railway railway.. from ry. . 776,582 150,000 500,000 250,000 Brothers . from from 14,159,044- 7,399,027 . . —V. 33,079,261 10,587,938 5,657,466 37,097,691 railway railway— Net .ry; oper. income— Net 172, p. 2219. / : 31,613,411 10,288,275 5,645,373 36,742,391 12,674,360 7,535,730 By of amendment to its certificate has been company to shares having 1,500,000 150,000 _ Securities Corp Clark, Dodge St Co.—900,000 Clayton Securities Corp. > changed incorporation, the capital stock from shares having M. J. value par a Clark Controller stockholders Da in & authorized 5 Issue of 250,000 Inc. 70,000 . ,,-f * • ' ~ . ' • ' "■ % — '" . ■> Colgate-Palmolive-Peet Co.—Scrip Certificates— The Guaranty York has been appointed agent purchase and sell scrip certificates for holders of common stock until the close of business Oct. 31, 1951.—V. 172, p. 1926. Trust Co. of ' 100,000 • Co., * New to Illinois H; R. Co.„ Johnson & Co 150,000 Kean, Taylor & Co.—— Kidder & Co.— M. At recent a hearing before the FPC Canadian River Gas Co., a of merger Deyelopment Corp., the would merger W. R. enable finance construction of to 475. P.- Hendee, company to obtain a $12,000,000 loan pipeline from Texas to Colorado.—V. 172, ry. 1949 1948 1947 $1,153,513 370,701 194,375 129,864 133,010 27,076 $1,247,155 341,246 157,122 1 Gross from Net from Net ry. —V. =. railway™ 12,588,213 2,330,368 672,626 12,089,994 1,314,261 income— 2378. p. 840,283 2,656,632 11,328,204 2,099,437 w 553,952 Offer— The November- Net 1948 1947 $81,090 126,490 55,988 897 $226,885 92,771 $194,966 85,142 ry, ♦21,384 43,518 41,563 2,266,103 2,024,011 2,471,106 818,903 750,532 314,038 1,062,281 1,863,735 787,985 599,952 374,337 1949 1950 railway.— railway...—_ income oper. - From Jan. 1— Gross from Net ry. railway. railway— income— from Net 336,450 oper. •Deficit.—V. $300,000 500,000 Co., 150,000 M. Newton & 750,000 Co - 500,000 250,000 - will notes — School, Fort Wayne, Ind.— Inc., St. Louis, Oct. from from Net ry. 1947 1950 1949 1948 $214,563 $176,491 52,458 railway 62,358 .$171,225 10,317 railway.—— , to 22,106 Consolidated Life Co.—Purchase Insurance ;Vy:'rA;\y Edison Co. of New York, Inc.—-To Sell ' ' The company on Jan, 10 announced that it would file with the New York P. S. Commission an application for authority to issue $60,000,000 first and refunding mortgage bonds due Feb. 1, 1981. The proceeds from sale of the issue will be used to repay bank loans which the company has incurred in the course of its expansion of plant and distribution facilities.—V. 172, p. 2479. — Net from Net ry. 31,132 787 43,120 1,806,387 331,376 1,814,316 139,755 130,426 1,553,986 54,622 53,860 —V. railway 167,020 30,254 income oper. —V. 172, 249,778 p. 2378. Co. — * on Dec. 26 that a plan for the merger into this Manufacturing Co. had been tentatively approved by the directors of both companies. As soon as details are completed; the plan will be submitted to the It announced was of Dwight stockholders of each Offered— Debentures company.—V. 170, p. 1292. Gross The stockholders stock from voted Dec. 565,000 to 5 to increase authorized the no par 1,500,000 shares. bid of 100.59%. Subsequently, the directors declared a 25% stock Dec. 29, 1950, to stockholders of record Dec. 15. were issued in lieu of fractional shares. Net ry. bids to 100%. 101.33%, The each were redeemed If the $1,000,000 f for through the sinking fund, 1, 1952, to 100%. provide ending retirement at years working capital additions" to struction viz: Glore, prices for utility for fund 1953-2000, sinking a April 1, maturity. the ultimate properties sale of Net the toward the will cost be of The Commercial as Dana 135 S. and Financial Seibert, La Chronicle President; William appointed agent to stock of the until the close of business March 31, 1951.—V. 172, company Canada, Starch Co., Ltd. Co.—Proposed Purchase— above.—V. 172, 1927. p. Owens-Illinois Glass Co, below.—V. 170, p. 301. Dayton Malleable Iron Co.—Stock Split-Up— gross .con¬ on Oct. 2 distributed one additional share for each held, effecting a 5-for-4 split-up of the outstanding 134,721 no par shares. The company stated that this was not a stock dividend and no transfer was made from surplus to capital The four company shares account. The scrip certificates issued in lieu of fractional shares shares on or before Oct. 2, 1951.—V. 156, be combined for full 2036. ' may p. (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park D. RIggs, Business Manager. Published twice a week [every Thursday Chicago 3, HI. (Telephone STate 2-0613); 1 Drapers' Gardens, London, E.. C.,. England second class matter February 25, 1942; at the post office at New York, N. Y., under the Act of March 3. 1879s American Salle St., Union,* $45.00 per year; ITOTKr On account of the in Dominion of Canada; $48.00 fluctuations in the rate, of exchange, 42,250 10,944 $157,194 30,376 9,947 2,064,584 from railway railwayoper. income-— —V. 1,779,734 - 696,041 393,436 2,029,389 1,665,671 870,966 687450 507,900 368,263 ,v '1947 1948 1,011.338 - 538,877 172, p. *2479. 23,364 - ■ Detroit, Toledo & Ironton RR.—Earnings-^November— Gross 1948 railway from $1,439,231. 615,557 296,777 from Net railway™ Net ry. oper. income:. $1,174,386 446;?29 244,548 - 1947 $1,470,019, $1,030,774 .735,564 v 374,826 414,326 ' 228,704 , From Jan. 1— from Gross Net -railwayrailway-—oper. income- —V. - „ from Net ry. 172, 16,339,067 i; 6,967,592. — ' 3,361,395 13.821,976 14,450530 111,850,415 5,045,018; 6,097,294 >4,957,635 2,605,696' 3,403,170 2,715,621 2125. p. Detroit & Toledo Shore Line RR. November— Gross 1950 from railway—— Net from railway Net ry. oper. Income— Earnings—' 1948 1947 $530,279 $486,749 237,095 232,932 76,355 1949 $592,816 223,760 $450,639 , 155,045 V 53,869 39,284 ;• V 84,666 „ . From Jan. 1— from Gross 6,772,317 railway Net from railway— Net ry. oper. income— —V. 5,430,000 2,315,580 775,926 3,091,055 1,013,156 . 5,990,069 2,902,123 979,984 5,037,015 2,345,454 765,704 172, p. 2479. Dewey & Almy Chemical Co.—Secondary Distribution secondary distribution of 15,000 shares of common (no par) was made on Jan. 5 by Paine, Webber, —A stock Jackson & Curtis at $31.25 per share, with a dealer con¬ cession of $1 per share. The offering was oversubscribed and the books closed.—-V. 171, p. 359. Diana 1950—Month—1949 $2,500,652 — —V. -r Stores Corp.—December Sales Rise Sales $2,271,432 10.1%— 1950—5 Mos.—1949 $7,891,808 $8,671,661 172, p. 2219. Diebold, Inc.—New Interests Acquire Stock— It was Dallas, reported on Dec. 27 that has Tex. substantial block of stock of this of of 166, p. 157. ; a been purchased by the C. W. Murchison interests No details were revealed. There are 121,000 shares stock common outstanding.—V. Dodge Manufacturing Corp.—Two Units Merge— * Mr. Joseph E. Otis, Jr., President, on Jan. 3 announced that the corporation's two Subsidiaries, Chicago Thrift Co. -and Etcliing Co. of America, had completed the "consolidation of their operations In the plant of the former at 1555 North Sheffield Ave., Chicago, 111., and had been legally merged under the name Chicago Thrift-Etching Corp. , . The capital stock of Chicago Thrift Co. was acquired by "Dodge Manufacturing Corp. on Aug. 4, 1950. The company, like Etching Co. of America, was engaged in the manufacturing of etched metal products under had also and Alumllite the country.—V. 166, Dow plating and anodizing operations as well as a material business of manu¬ distribution to savings banks throughout the extensive process 1477. p. Chemical Co.—Correction— In a corrected notice to all holders of preferred stock, said in part: During the period Jan. 4, 1950, through Dec. 21, 1950, The Dow Chemical Company has issued to employees 41,820 shares of its com¬ mon stock at $44.50 a share. On Feb. 20, 1951, the company will pay holders to 1951 per year. Other Countries, remittance for foreign - of common stock of record at the close Of business Jan. dividend of one share of common stock for each a the record 2, 40 shares held aggregating 154,626 shares (not 123,701 shares as previously announced). See V. 172, p. 103. The Guaranty Trust Co. of New York has been appointed agent to accept subscriptions tc additional shares of common* stock in exchange for subscription warrants which expire on Jan. 29, 1951. The Guaranty Trust Co. of N. Y. has also been appointed agent to date, said split, group and transfer See also V. 173, p. 103. dividend subscription ' .> warrants ; for ... , stock. common • > , . % Dwiffht Manufacturing Co.—Proposed Consolidationsee Cone Mills Corp. above.—V. 165, p. 2134. East Ohio Gas Co.—Plans Pipeline— asked the Federal Power Commission to 65-mile, 26-inch pipeline which would carry an additional supply of natural gas into the company's system The company, on Dec. 28, authorize construction of a meet to The Corning Glass Works—Affiliate to Expand— added scheduled for 3 951-1954 cost $370,000,000. The company estimates that approximately $140,000,000 of the total cost will be provided out of cash resources at the end of 1950 and depreciation accruals and undistributed earnings over the four-year period. The present issue is a part of the balance of $230,000,000 which the company anticipates providing through the offices: See for leaving in a four-year and estimated to company $177,120 65,456 from Net ry. Guaranty Trust Co. of New York has been Corn Products Refining from range $1,000,000 inclusive, debentures the application of of dividend, payable Scrip certificates 2125. See program William p. Dec. will PURPOSE—Proceeds from to coupon, and The First Boston Corp., 99.10999. redeemable at prices ranging' from 104.34% are beginning indenture of received, both for the same 100.411; debentures 1949 $181,685 77,595 From Jan. 1— Gross Scrip Expires on March 31— The above other 1950 railway—« railway— oper. income— from purchase and sell scrip certificates for holders of capital The Shares -for-each $246,003 136,674 from Net on common Two five Carl A. Gerstackar, Treasurer, Consolidation— Copper Range Co.—25% Stock Dividend— Edison rate of second Cone Mills Corp.—Proposed Halsey, Stuart & Co. Inc., on Jan. 10 headed a group which offered $49,000,000 of 2%% sinking fund deben¬ tures, due April 1, 2001, at 101.335% and accrued inter¬ est. The debentures are dated Oct. 1, 1950. The offering follows award of the issue on Jan. 9, to the group on its Forgan & Co., share, -or at the per Detroit & Mackinac Ry.—Earnings— 1950—12 Mos.—1949 $3,418,547 $29,238,319 $31,512,639 172, p. 2378. Commonwealth Virginia; National Life Insurance Co.; has informed the the borrowing are being company 1950—Month—1949 $3,522,666 - company railway.— from at $20 November— 1955, 10 announced an offer to purchase at least outstanding stock of Puritan Life Insurance Co., Provi¬ $60,000,000 of Bonds $165,325 50,440 1,785,144 income— oper. , of Home The $100 of debentures.—V. 173, p. 103. Dec. on Period End. Dec. 31 From Jan. 1— Gross convertible facturing coin banks for November— Co. Tenn.; Co. V- the Sales Insurance Nashville, Insurance Period End. Dec. 31— 1952 . company of of Co. Life York Stock Exchange that proceeds of applied to its construction program. Approximately 6% of 3% debentures, due 1958, have heen tendered In exchange for common stock since the conversion privilege for this issue became effective on Dec. 1,- last, it -was reported on Jan. 10. Latest reports to the New York Stock Exchange place at $2,658,000 the amount of 3s that have been turned in for Stock, out of -an original offering tor $46,641,000 that was first made to stockholders in the company in November, 1948. This figure for conversions indicates new tenders of $606,300 in the past 2ya weeks. The-debentures are 4% notes due from 1 Consolidated Retail Stores, Inc.—Dec. Sales Up 3%— Net Accident provided by Sun Life Assurance Co. of Insurance Co.; State Mutual Life Assur¬ New — 172, p. 2378. Columbus & Greenville Ry.- -Earnings— Gross & Berkshire was Life The Life - annually mature General Mutual Worcester; Hanseatic dence, R; I., at $37 per share.—V. 170, p. 980. $283,460 from from 3'/2% Connecticut 51% Net & of and, inclusive, and the 4% notes from 1956 to 1965, inclusive. The proceeds are to be used to pay for the construction of a new high school, which, it is estimated, will cost about $475,000. Twelve member congregations have agreed to contribute toward the payment of the principal and Interest of the loan. *; ' ' Colorado & Wyoming Ry.—Earnings— Gross Mericka The balance Pacific Co. company 13,095,181 4,098,182 railway.. oper. 172, the 400,000 Alfred O'Gara & Co.— 150,000 Ohio Co 500,000 Otis & Co.——— 1,500,000 Roger S. Palmer Co. 150,000 Patterson, Copeland & Kendall, Inc.—150,000 Peters, Writer & Christensen, Inc. 150,000 Phelps, Fenn & Co._,„ 1,500,000 « Wm. E. Pollock & Co., Inc.. „ 600,000 Putnam & Co. 600,000 Salomon Bros. & Hutzler 1,500,000 : R. C. Schmertz & Co., Inc. J 100,000 Schmidt, Poole & Co.— 100,000 : Schoellkopf, Hutton & Pomcroy, Inc. 1,500,000 Schwabacher Sc Co.—„ 250,000 ShaUghnessy & Co., Inc. 100,000 : Sheuroon, Hammtll & Co. 300,000 ' Sheridan-Bogan Paul & , Co., Inc. —— 100,000 Robert Showers 100,000 Sills, Fairman St Harris, Inc. 300,000 Singer, Deane itScribncr 300,000 Smith, Moore & Co.— 150,4)00 F. S. Smithers & Co.— 600,000 Stern Brothers & Co.__ 600,000 Stifel, Nicolaus & Co., Inc. 300,000 Waiter Stokes & Co.— 150,000 Sweney Cartwriglit & Co. 150,000 Thomas & Co._ —— 400,000 Wheelock & Cummins, Inc. ——200,000 Dean Witter & Co.— 750,000 F. S. Yantis & Co., Inc. 300,000 •>-' > Concordia Lutheran High The $1,166,645 Income oper. From Jan. 1— J. are offering $185,000 of 3V2% and 1952 to 1965 at 100 and accrued interest. 1950 49,000,000 13,732,000 shs. and purchasers Mo., $1,459,594 577,860 railway Net from railway—— company in December borrowed an additional $6,000,000 oh notes, due Oct. 1, 1979. This increased to $30,000,000 the debt outstanding on these obligations, as of Dec. 31; That is the maximum amount available to the company under terms of an agreement made in October, 1949, with a group of eight institutional investors. Of the most recent borrowing, $4,850,000 was loaned by Metropolitan Life Notes Offered—Eckhardt-Petersen & Co., & Southern Ry.- -Earnings— from 1,500,000 150,000 Higginson Corp. Mason-Hagan, Inc —V. 173, p. 103. of approval the a November— Net that said • Colorado Gross the company's proposed subsidiary of Southwestern on President, Detroit Edison Co.—Notes Placed Privately— Life 48,000,000 1999 1, 2001 18,000;000 shs. ———— 500,600 300,000 100,000 John Kormendi Co Lee Colorado Interstate Gas Co.—Plans Financing— , 750,000 John B. Joyce & Co 100,000 Kaiser & Co.—200,000 A. subsidiary, a The ance , 100,000 — 150,000 750,000 Grimm &. Co. 200,000 Harris, Hall & Co. (inc.) 1,500,000 Hayden, Stone & Co 1,500,000 Heller, Bruce & Co.,— 25Q,000 Hill & Co.——,—. J- 250,000 The Pipeline— in December asked the SEC authority to construct a 329-mile natural gas pipeline from N. M., to Salt Lake City, Utah, at a cost of $22,000,000. If the immediate authorization is allowed the company plans to complete the line by Jan., 1952.—V. 172, p. 1828. — 500,000 300,000, Fauset, Steele & Co.™ Gregory & Son, Inc.— „ ' ' ' .. 400,000 " ' shares of preferred s.tock ($30 par value) and an increase in the authorized common stock from 250,000 to 500,000 shares. According to present plans, Goldman, Sachs & Co. and Fulton, Reid & Co. will manage a public offering of an initial series of 50,000 shares of convertible preferred stock, in connection with which a registration statement was recently filed with the Securities and Exchange Commission. —V. 173, p. 102. an 100.000 Co, Clement A. Evans & Co.—Capitalization Increased— „; Jan. on , Paul II. Davis & Co.—_ Dempsey St Co. Detmer St Co— Este & Co.———a— The , Henry Dahlberg & Co.,— .150,000 value of $1 per share on a share-forshare basis. Effective Dec. 22, transactions in the $1 par value shares were recorded in the New York Curb Exchange". See also V. 172, p. 2479,, Co., ... 250,000 300,000 —: S. K. Cunningham & Co., Inc. par a 250,000 Republic Co. Courts & Co. of , this of. $10 City . City & Suburban Homes Co.—Par Changed—;; , 150,000 1,500,000 — (Inc.) Pipeline Aztec, Canada; The Inc. 1,500,000 Bradford & Co.— 150,600 Central Grcss 1, Apr New York Corp. Becker & Co. C. J. Utah for Insurance Co. 100,000,000 50,000,000 48,000,000 Inc. 200,090 & Kraus— Byrd Apr E. Ashmun Co.,—— Burge G. A. 1, 1985 Jun l, 1978 Apr 1, 1999 Apr The Milwaukee Co Mullaney, Wells & Co Bl;ich- S. Barth & Co. From Jan. 1— . and Bear, Stearns & Co $3,094,116 1,175,584 592,434 $3,378,849 1,159,893 673,174 $2,783,685 849,004 428,874 $3,459,618 1,388,792 income— oper. 150,000 — Co., George K. Baum & Co._ 1947 1948 1949 1950 from Outstanding $180,000,000 Maturity Feb 1, 1977 Win, 150,000 S. Ball, November— Net Co. & roder, Inc. Cincinnati, New Orleans & Texas Pacific Ry.—Earns. Net Emerich Arnhcld J. Gross 200,000 Allison-Williams 106,687 2218. p. FINANCING A. E. Masten & Co Mccormick it Co —$14,100,000 Peck Inc. railway railway from of & Ames, from in principal debentures agreed to be purchased." by them, respectively, Inu From Jan. 1— the of names Stuart & Co. Adams 478,034 505,274 220,233 913,208 549,549 income oper. ry. Halsey, $3,238,367 November— territory follows: as are Chicago, St. Paul, Minneapolis & Omaha Ry.- -Earnings Gross PRESENT TO bonds, series L„ First mortgage 3% bonds, series M_ First mortgage 3% bonds, series N— 3% sinking fund debentures— 2%% sinking fund debentures 2%% sinking fund debentures—— Capital stock (par $25) —• From Jan. 1— Gross Delhi Oil Corp.—Unit Plans The 3 Its 3% Mortgage bonds— First mortgage 3% 1947 $758,065 1950 additional Date of 1949 $1,001,771 railway from surrounding in Chicago & Illinois Midland Ry.—Earnings— November— the of a Co., Illinois Northern Utilities Co., Chicago District Electric Generating Corp., Chicago & Illinois Midland Ry. Co. and four other subsidiaries. Through subsidiaries it provides both electricity and gas in the CAPITALIZATION Gross time the nor determined. public utility operating company engaged in providing electricity. It does substantially all of the electric public utility business in Chicago and controls, through direct stock ownership, Public Service Co. of Northern Illinois, Western United Gas & Electric From Jan. 1— Gross Neither securities. of $181,000,000 1948 1949 1950 November— (199) increasing demands in northeastern Ohio. proposed line, estimated to cost $4,382,170, would connect with system of New York State Natural Gas Corp. at a point on the Ohio-Pennsylvania state line, near Petersburg, Ohio, and extend northwesterly to a point in Twinsburg Township, in Summit County, Ohio. New Yoik State Natural, an affiliate of East Ohio in the the Consolidated Natural Gas Co. at • the East System, would deliver gas to East Ohio Petersburg connection. Ohio said that New York State Natural i3 planning a com¬ an application with the FPC for author¬ storage facilities in western Pennsylvania and to install a pipe-line extending to the connection, with East Ohio's proposed line.—V. 172, p. 476. panion project and will file ity to develop additional Place, New York 7, N. Y., REctor 2-9570. Herbert D. Seibert, Editmr and Publisher; (general news and advertising Issue)^ with a statistical issue -on^MondayJ.^joiner Kj/o Edwards & Smith. Copyright 1951 by William B. Dana^ Cor^any. Reentered Subscriptions in "United States, U. S. Possessions, Territories and . Members of Pan_ $52.00 per year. suoscriptions iind advertisements must be -made in New York funds. - - - ■~ 4 The Commercial and Financial Chronicle (200) Associates—Tenders Sought— Eastern Gas & Fuel o'clock noon exceed to 22 Net ry. as wholly-owned subsidiary, was dis¬ effective Jan. 1, 1951, and is now unit is now known Texas unit as the Division.—V. 172, p. 1031. Co. Eastman Texas Sales —V. Sales Up— company purchase bonds. and 'Y • Glidden Co., Cleveland, Net value asset 172, 1950 1949 $83,668,958 share per 3,712,195 ; ■ W. J. Vice-President, Larson, for construction of " ground at has been 111., provide 270,000 square feet.—V. 172, p. 2480. Gamewell Co. - „ (& Subs.)—Earnings— of New Securities— Issuance of $83,000,000 The Net has filed-an application with the Federal Power* proposing an $83,000,000 construction program designed Total capacity of its pipeline system by 400 million cubic feet of natural gas per day, it was announced, on Jan. 9. The company proposes to deliver 150 million cubic feet of the t, additional gas jointly to Southern California Gas Co. and Southern Counties Gas Co. of California; 150 million cubic feet to Pacific Gas & Electric Co., and 100 million cubic feet to other customers located cn v increase to Paso western Net existing and new line main ' ' A of '"ivision to help handle its growing volume of military work. division will handle mechanical time fuzes and other ammunition ponents.—V. 173, •*"\YY" * :'Y;; p.-2. ; .-vY , with The with This and cabinets, with the modern most kitchen -Y ■-Y Yy', Scranton, its 173, General is 8. p. line The Union trustee National the of Farmers issue Bank, of Pittsburgh, Pa., has debentures due 1970, 3%% National Deposit Bank, Pittsburgh, been appointed succeeding theresigned.—V. 172,: Pa., been has available of Corp. — A headed by Halsey, Stuart & Co. Inc. on Jan.111 offered $5,400,000 of 2%% serial equipment trust certifi¬ cates maturing semi-annually July 15, 1951 to Jan. 15, the The above. number In curved Jan. 10 on Two other bids can introduced been - be and Harris, The Hall & Co, certificates being offered fion. They estimated tc approval of secured are to cost Associated in Y; by the Interstate Commerce ;■ standard-gauge new railroad $5,863,000. consolidated earnings outstanding Y , making these estimates, all of ' ! Y offering group are R. W. Pressprich & Co.; A. G. Becker & Co. Inc.; Hornblower & Weeks; The Illinois Company; L, F. Rothschild & Co.; First of Michigan Corp.; Freeman & Co.: Wir\ E. Pollock & Co.; and McMaster Hutchinson & Co.—V. 173, p. 103. ■•vY-Yh end .\\YY The stockholders April on common from cents $1 to 50 v.ill 1 vote on proposed a ; two-for-one by reducing the par value of each share share.—V. 172, p. 1344. been , $279,678 172, p. . from Net ry. J • The BEC corporation covering offered Jan. on 30,000 through filed 9 shares of a registration common stock Financial Management Corp., statement (par with Wash. $288,349 "$2,583 "51,998 "64,556 "342,252 : 1949 1948 $678,224 $761,828 127,175 127,979 76,363 103,751 105', 165 71,966. 1,913,827 1,026,337 1,424,911 932,021 Net ry. income— 1,724,035 787,264 1,186,418 601,408 y be November— - Firemen's Insurance Co.' of Newark, N. J.—Partial Re¬ The company .'hares t of its has Preferred referred $4 share one for for redemption cumulative stockholders stock Net ry.-oper. cents 50 have for notified shares 15 to stock 16, at 1951, $100 3,500 share The surrender certificates of to held Chase '"ity of New York, agent, 11 Broad Street, 16, 1951.—V. 172, p. 195. ' Net from —V. New ry. York $4 Bank 15, N. —V. Y., $1,955,675 — ' 1950—12 Mos.—1949 $1,727,352 $10,436,682 $9,882,876 cited plies steel, • 172, the . Co.—Earnings— , 6,483,048. 1,847,067 563,832 433,395 6,536^97 1,611,564 416,938 5,559,764 1,204,432 p. 1949 shares.._ share... taxes ... and _ j. charges. 103. 884,528 . „ .295,717 2126. __ _! tExcludes ( 594,668 ,$1.49 treasury shares.—V. $3.37 171, meeting of the shareholders, held Jan. 3, 1951,. it was' that the company's plants are operating at about 65% of Shortages due to government material restrictions were Because of the supply curtailment that of Gibson situation civilian With - goods distributors the future outlook manufacturing, have been indicating meeting the informed-of 171, p. 463. a The 190,915 55,871 99,501 105,989 93,077 Y''Y 518,583 - '' '• ■ '*'! •' 3,284,117 3,403,510 626,136 875,705 149,672 289,227 . • 2,844,158 624^050 186,070 , 2126. p. company action Co. Dec. on 1, 1950 reported that result a as the of the of to supply with in tJ. P. the natural Commission has system, .it gas defer to action requested the on jthe application to stockholders.—V. 172, 1633. p. ' - The directors $5,000,000 on Commission the on a accrued debentures.—V. 172, p. 1829. from Net from ry. railway.. railway- , ; 1948 1947 $6,163;383 $6,794,424 $6,136,679 3,144,432 1,444,228 559,552 1,730,271 691,815 1,303,817 1,868,409 — 71,270,858 20,980,482 66,831,982 15,877,367 74,042,728 66^38,009 19,650,972 16,504,386 8,292,094 6,418,756 8,471,588 6,235,165 ... income oper. - — .1949 ,1950 $7,989,612 November— Gross ; proposal to redeem all of the sinking fund debentures, due 1959, on March L, at intsiest. Late in December, the Interstate Com¬ approved a bank loan to enable the company to 3% of p.us Jan. 18 will vote 435,194 From Jan. 1— from Gross Net ry. railwayrailway—.. from Net 172, ... income oper. 2126. p. Hayes Manufacturing Corp.—Acquisition— The the corporation has acquired for an undisclosed cash personal holdings of Allan P. Kirby, substantial Alleghany Corp., in the Skyline Corp., Wichita, Clark, President of Hayes, also announced on Skyline's 60% engineering an Mr. Jan. President of W. 10 Aircraft Armament; Inc., the purchase Baltimore, Md„ company. Clark has been elected Chairman of Skyline's board, of directors, succeeding of interest in consideration Rennsselaer Kan. Co. William of New continue Aircraft as ,G. Rabe, Vice-President of the Manufacturers York, who remains as a director. H. T, Rowland President and Armament.—V.. 171, director p. 751. of Skyline , and as President ... . stockholders two-for-one on split Dec; 6 of the voted to 2,300 shares in the treasury. 1,898,769 The stockholders common $1 par shares to effect shares, also voted York Stock Exchange on Jan. 9 by Smith, Barney & Co. share net, with a dealer's discount of $1 per share.—V. 168, p. 1799. at $26 per Hollinger change the authorized outstanding (George W.) Helme Co. (Inc.)—Secondary Distribution —A secondary distribution of 26,250 shares of common stock (par $10) was made after the close of the New strict * stock from 2,781,269 no par shares to 5,562,538 a $269,642 annual Gillette Safety Razor Co.—Stock Split Voted, etc.— 597,268 , -1947 • 119,406 ■ ■ income.— Y\,.: 1948 capital changes as Trust allotment program.—V. 2,011,524 ■/ with $326,021 Greyhound Corp.—To Redeem Debentures— , - $24,551,000 $2*),640,000 ——_. 172, the of 6,956,630 2,361,805 a prime factor in the production rate. Vital parts and sup¬ affected by these restrictions were specifically named as sheet copper tubing, chrome shelves, rubber*-coated copper wire, zinc die-casting, and plating, aluminum ice trays and plastic parts: disclosed 1950 — profit Number of capital p. 36,963 as gradual Fort Pitt Brewing per 22,473 income— oper. capacity. and . Year Ended Oct. 31— •After 104,347 29,039 Gibson Refrigerator Co.—Operating at 65% of Capacity on 172, p. 2220. Earnings 163,155 83,432 — 1949 156,180 62,255 ; $93,275,317 compared 2220. approved by the stockholders on Oct. 16. The company stated that a new financing plan to cover the cost of conversion to natural gas is being prepared and will be submitted to will the or At 1950—Month—1949 i ^les 'Vet 279,820 railway- 1950 31, p. $316,650 Y $333,110 1,201,925 Connecticut 1947 $569,742 cumulative the National Fishman Co., Inc.—Dec. Sales Up 13.2%^— Period End. Dec. 31— —. 1948 ' $519,622 124,227 income—^ railway disclosed Cales $568,811 railway Gross: from Net per share. per been each redemption Feb. on preferred Feb. (M. H.) 1949 $660,116 From Jan. 1— called issued lus accrued dividends of -cpresenting 1 from ' 172, 3,489,616 and^tyipg Ry—Earnings— 1950 railway.! from Net ■ ■ ■, * Georgia Southern & Florida at Dec. 1949.—V. railway— oper. ry. effect 7,194,112 — 1950—11 Mos—1949 Gulf Mobile & Ohio RR.—Earnings 8,125,609 oper operation 31, railway—j„— Net 172, p. 2126. . TPC in authorizing Northeastern Gas Trans¬ natural gas to the company's territory and the resultant need for additional financing to cover the cost of conversion 1947 7,329,713 the to from —V. $687,777 7,990,181 —V. in Dec. 1950 lui72, from, railway.—_ from railway Gross demption— Net —V. cents) 10 Seattle, With stores of From Jan. 1— Gross 2,546',961 From Jan. 1— Gross 1950—Month—1949 railway——. from railway— ry. oper. income—, mission $24,317 -257,615 236,936 ■ from Net. froi/n $2,544,378- 2,427,576 1950 income— 1950—12 Mos—1949 $9,000,776 $83,550,273 $75,131,637 " / Greenwich Gas Co.—To Amend Financing Plan— ; $828,913 railway--—- oper. close merce ' . 1S50—Month—1949 . 227 were the This 2379. railway—— $ * 233,831,615 ,,Y^ '■ completed. $2,715,925 216,899 $49,350 11,417 inc.- cper. '.;".Y <!y, _ November— YY; Expand— $ 1950—11 Mos.—1949 ■> $192,582 230,328 expenses- 2220. p. Green Bay & Western RR.- -Earnings—, . * from Net : » 1950—12 Mos—1949 $ $18,164,504 $16,883,482 $95,463,477 retire . ' . 40,112,606 247,950,084 $10,651,027 at Net Net Financial Fund, Inc., Seattle, Wash.—Registers Securities Exchange Commission— 222 Y. Georgia RR.—Earnings— stock per ;/ $ 42,514.232 Period End. Dec. 31— Net- due consideration have Y\ 1950—Month—1949 revenue—: November— split-up of the ■ Rubber Co.—Unit to from ry. ops. railway Gross v . $ 1950—Month—1S49 ; Sales of-- acquisition Deficit.—V. , 1950—44 Wks.—1949 Y''".'"'"" 172, p. 2220. Gross new oper. Net rev. Net < the Fedders-Quigan Corp.—Plans Stock Split— companies System ' " There for the at ,Y 172, —V. Y equipment ... the The Railway 18.5%— (H. L.) Green Co., Inc.—December Sales Up 7.6%— * v ' : y Grant Co.—December Sales Higher— Sales Estimated Earnings— Y Jan. 9 said in part: ' shares of ;Y'\YY Period End. Nov. 30— are of - .. Aerojet Railway oper. Convnis- , 13,899,101 132,166,573 113,309,014 /. period End. Dec. 31— ■■■'/ ... Georgia & Florida RR.—Earnings— ' • f & Ilutzicr, 99.271; <Inc.), 99.051; both for the same coupon. issued under the Philadelphia Plan and are subjet 1 Salomon Bros. viz: - . Grayson-Robinson Stores, Inc.—Sales Up— har¬ by this to , - its bid of 99.5695. on received, were cost a Y :Y 2400. Cleve¬ Products at YY; $ ■ _ that lines Engineering Corp., (a subsidiary, is completing negotia¬ of a rocket' factory site near Sacramento,' factory represents an initial investment of about $6,000,000.—V. 169, p. 1294. Y Y Y 1961, inclusive at prices to yield from 1.70% to 2.55%, according to maturity. The group was awarded the cer-v its Soya • 1950—5 Wks.—1949 ! of the recently enacted tax legislation figures for the year's earnings will not be Final audits 104. p. for at mid-1951 by Co.—Current Sales Increased 172, p. 2220. recent tions plant 171, p. $ effect the to General Tire & Calif.. boiler 16,475,993 —V! — on that the 1950 will be Erie RR.—Equipment Trust Certificates Offered group opera¬ contract-to Adache & Case, a new a Y ' —v. vjY< :'..Y Y;'Y: ; YY'';jY.YY YYYY:: YY :'Y;Y , December. until 173, —V, tificates Union Period End/Dec. 30— 1 Y, line of base eabinets. The company standard wall eabinets«and ■ acces¬ estimate un .given mentioned 1435. p. month has successful ' the year about 84 cents per share Of and that the earnings for the year 1950 will be about share the of Period End. Dec. 31— the year, or about $2.75 for the average number of shares outstanding during the year. These estimates are based on the actual earnings for' the eleven months' period ended Nov. 30, plus estimated earnings lor ' - for Cycle Corp.—Sale of Building— Sales , Y Equitable Gas Co.—Successor Bond Trustee— condition to. be completed 172, p. 1533. Sales of Bozell, President, stock; per recently awarded See Holly Sugar Corp., below.—V. company present Telephone V. our common the complete present last quarter of the $2.55 shares. common ia excellent are construction (W. T.) for up plant, Pa., Electric's continue It 1,780,536 on • . ^YYY;^;^;^/!/:':'5 shelves top : in sories.—V. will vote Jan, 16 on authorizing 100,000 preferred/ increasing the authorized common stock by 250t000 V. 173, p. 103. ' ' ' ' V v on See also , the average homemaker,-and com-* Co.—To Incr. Stock— wall deluxe by General will stockholders .chares shares. $1.35 : •; , production of the deluxe cabinets said, and a limited number the new line are expected to be available in 1951. • The wall cabinets and underwall cabinets will be used in conjunction its 1949. $56,837,492 $500,000.—V. Golden $433,649 . $1.43 , Build New Plant— Chicago, 111. The -company is tooling - Harold Emerson Electric Manufacturing $511,197 . total for company from Chicago/ Ill., in than more on of line company ordnance new a 79,227 $1,500,000 new monize at creation announced « — 1 * ended Oct. 31, -1950, totaled $188,607,966, new a cost easily-reached Elgin National Watch Co.—Creates Ordnance Division! Jan. 337,772 General Electric Co.—Introduces New Line— ./ * of on 1 • for the Division ' ' company 385,177 shares outstdg.. 357,912 on the facilities research land, division. Construction of the plant, it is estimated, and will begin within 60 days and be completed in the summer of 1951. The new plant will contain'60.000 square feet and will manufacture aircraft air conditioning and pressurization equipment.—V. 172, p. 237,9. YY;\, -'Y•■■" Y' will ■•> This company Arizona, v . ' $900,6,48 taxes best Which of '• year share per year, The company Dec. 6 leased from the city of Phoenix, Ariz., for ' 99 years a 33-acre site adjoining .Sky Harbor Airport, upon which it plans to erect a new plant for- AiResearch Manufacturing1 Co. of ' , 1829. 26,732 87,565 — share per Garrett Corp.—To mately 311 miles of line in El Paso's field transmission system; 42,370 horsepower in new and existing field compressor stations; purification and dehydration facilities; field gathering facilities, and seven amine recovering plants. •; r' ' El Paso plans to complete the facilities 'for Arizona, New Mexico and Texas by Oct. 1, 1951, and to complete the facilities for Cali¬ fornia by Nov. l, 1952. El Paso is presently authorized to supply the Southern, California and Southern Counties companies with a total of 405 million cubic feet daily, and Pacific Gas & Electric with 400 million cubic feet per day. ' \ • The construction would be financed by the sale of $62,500,000 of 15-year 3V\% first mortgage pipeline bonds; $15,000,000 of 4.25% ^referred stock and $5,500,000 from the sale of common stock.—V. 172, p. income income YY " the highlights I)ivision Plans Expansion— $<>73,916 57,621 — , 172, p. 1344. The 180,850 horse-t stations; approxi¬ compressor Canadian and S. financial tion in either partial or total mobilization. $983,939 U. 1951 and previous increased nearly $10,000,000 during the to $66,194,159. This is almost double the $35,115,554 net worth of the company in 1945. Mr. Joyce pointed out that the company had spent approximately $20,000,000 on construction of new plants and modernization of existing units since the close of World War II and that all Glidden production and Y the com¬ new sales 1949 $926,318 — this by •" of fiscal Grand line; state for Earnings —V. 1950 - income Depreciation , Arizona-California the to Texas in power in Arizona, system Y income Provision New Mexico and Texas. ' The proposed project includes construction of a total of 93 miles of 26 and 30-inch loop on sections of El Paso's transmission line extending from the Permian Basin in southeastern New Mexico and El the Y profit before inc. taxes and deprcc.. oper. Miscellaneous company Commission . Y (Including Rockwood Sprinkler Co. and Eagle Signal Corp.) 6 Months Ended Nov. 30— of some than $28,000,000 over the more $3.23 worth Net 1950 ' Involving Natural Gas Co.—Plans Expansion El Paso recorded was $4.11 equal to and Mich. mortgage to sales net increase an to Monmouth, warehouses in earnings, .after all taxes and charges, amounted to $8,561,660, of $2,369,737 over the 1949 total of $6,191,923, and equal per common share on 1,971,623 shares. Profit in 1949 was Net that announces two new history, ■' of increase an Scheduled for completion in August, 1951 at a cost exceeding $1,300,000, the two warehouses will have floor areas totaling Coldwater, Glidden Net sales for the,fiscal $14.93 Gamble-Skogmo, Inc.—Two New Warehouses— broken than 39% more . in years are: v 18,126 * $i7.66 ; of in November, he stated, were greater than in any November,in the company's history. ' ' ■" \ These new gains, Mr Joyce pointed out, followed one of $55,420,988 —24,409 ; gain A profits .-4,738,788 — 1344. p. y pany in November and December, first two months of its fiscal year, according to Dwfght P. Joyce, President. Both Rise— -''•Y-"Y:' -Y. assets net Ohio—Current Sales Higher— ' Y ' . , Investors, Inc.—Assets of Dec. 31— —V. will use proceeds of the bonds to retire $1,000,000 bonds, to discharge short-term notes outstanding, funds foiv construction.—V. 173, p. 103. company first •- ; outstanding. —-.—4. Number of shareholders—. . The of Glass Fibres, Inc.—Secondary Offering—A secondary offering of 5,000 shares of common stock (par $1) was made on Jan. 5 by Blyth & Co., Inc., at $12.75 per share, with a dealer's discount of 40 cents per share.—V. 172, p. 663. ;' //'<> & Milling Corp., Dover, Shares Jan. cn equip Fundamental mortgage first of 3,869,334 1,877,079 f.-;• /' - ■- filed a letter of notification with the SEC stock (par $1) to be offered at The proceeds are to be used to properties. 3 1' v' •, As Commission Power $4,500,000 Jan. on and mill • 9 authorized this company bonds, due Dec. 1, 1980. The authorization is conditioned to require that the issuance and : sale at competitive bidding shall 'not be consummated until the company amends its application in compliance with the competitive bidding requirements of the FPC, and until the Commission by further order approves the coupon rate, the price to be received by the company, and the initial public offering price; if any, otf the Federal issue • 2,135,778 covering 150,000 shares of common $2 per share, without undei writing. Total The 13,431,059 4,182,301 $1,998,769 from earned surplus to common stock account and to change -the provisions of the $5 convertible preferred stock to preserve relative voting, conversion and liquidating rights. ; An initial quarterly dividend of 50 cents per share has been de¬ clared on the increased common stock (par'$1), payable Jan. 31 to holders.of record Dec.. 20. This compares with 75 cents paid quarterly on old stock, with exiras of $1 paid in 1950 and 1949.—V. 172, p, 1532. , The Approved— EI Paso Electric Co.—Bonds to 15,049,471 4,381,524 2,121,407 2,678,036 oper. Francis Consolidated Mining ; and 2379. 1828 172, p. 14,710,646 . Del.—Files With SEC—- 1950—Month—1949 1950—12 Mos.—1949 $8,800,941 $8,329,958 $73,783,286 $74,156,492 — —- $1,335,931 294,578 131,173 522,888 & Edison Bros. Stores, Inc.—December Period End. Dec. 31— 300,221 income— —V. 172, p. 2379. as a separate division. The Tennessee Tennessee Eastman Co. Division and the the as ry. corporation, separate a Corp., Eastman Tennessee $1,609,167 railway 17.821,613 railway!—^,982,453 from Net Eastman Kodak Co.—Dissolves Subsidiary— The $1,780,450 858,163 457,631 from Net operated $2,150,062 938,424 432,867 income— oper. From Jan. 1— Gross p. ,2279. solved 1948 railway— railway— from Net $122,808, at prices not to March 1, 1951.—V. 172, interest accrued and 102.34% 1949 from Gross due 1974, bonds, second series, trust 3%% collateral 1947' 1950 November— sufficient to exhaust the sum of amount an Jan. on and mortgage to Fort Worth & Denver City Ry.—Earnings— . until 12 ol first Co., trustee, Boston, Mass., will receive tenders lor the sale to it Trust Street State The Monday, January 15, 1951 ... including to transfer Consolidated Gold Mines, Ltd.—Secondary Distribution—A secondary distribution of 100,000 shares of capital stock (par $5) was made on Jan. 5 by Lehman Brothers at $10.121/2 per share, with a dealer concession of 45 cents per share. The Offering was oversubscribed 172, p. 1436. and the books closed.T-V. Volume 173 Number 4977 . . The Commercial and Financial Chronicle . (201) Holly This Sugar Corp.—Purchases Building— Corp., the reported building offices.—V. 171, In exchange for will is company in to have Colorado purchased Springs, from Colo., Golden housing Cycle executive Inc., sold 2196, p. receive tem, arid addition to to authorizing an increase in shares, the stockholders later mately of 65,000 25,000 President, than less option. will Dec. shares of the period the 172, 31, 1955. will fair be It is allocated which With and that the purchase SEC at will price time the expire of be may approxi¬ Position will Co., —V. 100,000 (about "Our than Rochester, profit. Rochester, 171, in Jan. 3 filed N. a registration statement with the capital stock (par $1) to be offered share) through George D. B. Bonbright The proceeds will be used for investment. The income asked the in 1949 the bondholders' of behalf. management organization right to of the The the the dispose committee 5% headed adjustment committee has desirability of The company. of by bonds been Arthur been of or the for does financial results it properties 000,000 of highly of block a of announced was Executive Staats Co., of holders the in $20,000,000 All New of cubic in To The and Los and Tuerk Kansas, President. Angeles, the are purchases Mr. the principal followed two another unnamed fields and the 800,000.000.000 development be drilled said. of the within See properties, the capacity also V. six next to about feet, 173, Period End. Nov. 30— f ' ' •' - ' • revenues Uncollectible oper. SEC he be covering ____ $ income. oper. The 644,413 of 2,506,544 27,279,559 22,446,545 from Net from Net ry. railway railway.—__ $981,877 income... oper. Net 1947 Net ry. —V. $974,681 $1,191,755 $1,028,232 249,035 >388,738 338,822 120,230 168,801 157,870 11,046,764 10,818,797 12,334,893 2,832,976 2.520,396 3,923,545 ■ 1,208,462 1,866,677 1,632,919 1,182,639 Railway oper. Net ,rev. Net from ry. —V. 329,671 275,064 1950—11 Mos.—1949 518,055 7,025,849 2,325,221 1,667,070 company and 156,580 The tional for 1951. also will shares The offered entitled of period to to 4,984,923 will the expire will prospectus The First Net proceeds the of part estimated Corp. of call period beginning tended that struction annual r.otes the 1, balance will program other will 1950, of be and the 173, the authorized 6,000,000 will capital shares, par stock 13, to $5, holders of record Feb. March on 21 171, on a ■v 900 are hoid November— 1950 from Net from Net ry. railway railway.—_ from bonds, oper. on this for Gross from Net from ry, of —V. 172, p. $2,643,577 598,219 404,490 298,369 81,139 2,705,796 30,795,436 5,311,036 2,148,400 27,119,561 4,170,719 2,308,168 999,943 2127. International Ry. Co., Buffalo, N. Y.—Bond Exchange . 1 the S, issuance District Couit of stock for Western New York on Aug. 10 directed of Niagara Frontier Transit System, Inc., the reorganized company, in exchange for Buffalo Traction Co., first mortgage bonds. The claim of each $1,000 bond has been allowed in lull plus S7.93 covering accrued interest to July 28. 1947, at the rate of 57 per annum. The event of uncashed coupons amount of maturing claims on or will be share. per in the of offer an future. near the upon at The the of at stock by Dec. common involve over same effectiveness acceptance least 657» 29, 1950. $30,000,000 York. & in and gas oil production principally in 8. p. Johnson—Acquisition— and Fund 589 looms.—V. Dec. 31, 172, with $25.74 1950, share a compares to 172, of as $28.16 to p. has purchased Ga., containing 1533. assets share per reports 31,218 on net net shares assets $551,820 21,438 shares on of $879,235, outstanding of then that on Dec. on 31, 1949, outstanding, 1634. p. The company on covering 10,950 122,812 shares with be Jan. filed 5 shares $5 registration statement a cumulative stock common ($5 preferred stock with (no the SEC and par) par). interest, urging for effective common increased before prior to June the such an Interstate The with the petition new under to the will certificate escrow of the escrowed receive reorganized plus common Inter¬ in $73.50 cash for escrowed the instead of stock common $2,475,000 128,157.6 6% of demand shares $6 to the list rights. (on the the for unit. for units 0.120 The each present not all each under in details class the plan final have of mortgage to pany's be used increase been and declared —V. 172, net for Net the capacity and record present of the Co., financing, of together of to additional property increased serve extensions into load and in facil¬ the com¬ markets, principally new stock common date is offering March will dividend, payable April 15, 1951, all common shares sold 15. be entitled the to stock dividend. Ry.—Earnings— 1950 1949 1948 1947 railway-.— railway—-__ Net ry. be amended to Gross $527,334 $479,092 $542,084 $457,5l£ '285,910 264,083 275,966 199,275 income-— 124,591 127,708 118,896 90,441 4,997^555 2,408,652 4,708,650 5,336,615 4,529,567 1,972,541 2,510,989 2,006,104 1,036,621 796,595 1,016,143 898,112 oper. 172, 2127. p. Kilburn Mill—To Retire 50% are the During Be Amended fiscal provision to p, ended one-half of year retire —V. 30, 1950, the" company made a capital stock at $200 per share. its (G. R.) Kinney Co., Inc.—December Sales 14% Higher Period End. Dec, 31— Sales 1950—Month—1949 $4,447,000 _ 10,609 shares $485,415.44 cash of Preferred Stock— Sept. 2133.;. 156, - 124,352 shares shares railway railway.Income- oper. com¬ 810,000 shares shares from from As Proposed to 104. common & 2380. p. from —'V. present shares 128,157.6 of ■/ proceeds construction system from ry. out." the Plan 51,813.6 shares Cruttenden $4 200,000 to be raised by the sale of debentures bonds in the spring of 1951, and cash from opera¬ November—•' Gross Net Compromise stockholders Unsubscribed The stockholders underwriters. one-for-twenty a the Net Under Plan 764.989.8 held. underwriters common Grand of Since under is It filed be Under holders—_ the at Island, Ncb„ to serve 37 towns. The company has outstanding 614,063 shares of common stock, held by approximately 2,600 common stockholders. The directors have with finalized'. will worked proposed then but Lincoln; Neb. -and of markets present northeast provides mechanical been form security under as and $7 escrowed plan shares assist and From Jan. 1— have petition of unit. this petition each for shares "Certain as to 10 that the soon each cash of receive Commission of that in basis will five to to the on share employees. company of Kansas Oklahoma & Gulf preferred) details and subscription Co. each underwritten; agreed record stock of escrow unit represented by preferred escrow exchanged for the old $7 and $6 dividend pre¬ Interstate as for not have offered Trust head will 1951. of be is stock of per approximately ities be plan share new estimated $2,924,500 first or outstanding common stock statement, at $15 registration offering their First Chicago, longer fair one to are tions, allocations of of the of preferred exercise Th holders stock the stock ' to date rate for Power is offered of result a stock is to be offered for public sale at $105 per share, commission' to the underwriters. The common stock $3 a parties adjustment as $551,242.65 cash —V. $1,200,000 cash 172, 2221. p. 1950—12 Mos.—1949 $3,903,000 $34,087,000 $32,199,000 . , Co.—Rates Increased— subsidiary a Ioaho that stated 77o and of General Montana, ■ the rate Telephone The blocks in State :•'/ Jan. 2 on without filed a letter common of slock Income ■ at the SEC ($10 par underwriting. to are merchandise Jack in 1, the 1947. & Preferred 4% Precision Industries, Inc.—Tenders Stock—Exchange Offer— on Dec. I he which the exchange a R. common the under stockholders stock terms Nov. on per stock 5 common cn a were 29 reported surrendered and the President, in on said retirement that at of 10,963 exchange Dec. the of 119,231 in Eastern shares common. ' , being Shares "A" Account and 5 other members of its invest¬ (36,000); Clinton Murchison Oil Interests of Texas (30.Street Investment Corp. (30,000); First Boston Corp. "in¬ a The for exchange offered The of Piccard are five Trinity Pass individuals Road, in Stamford, Goldman, Sachs family (7,700); Wellesley College, Boston (6,000); George P. Shettle, agent for estate and three individuals (5,000); F. S. Pratt & Sens, agents, Boston (4,100), and Richard Saltonstall et al, trustees 172, p. 2380. (S. S.) Kresge Co.—December Sales Increased— ——-— There a were year 697 — stores earlier.—V. 1950—12 Mos.—1949 1950—Month—1949 $ $ Sales 47c 51,682,766 in 172, operation $ $ 49,518,326 295,658,707 288,967,124 at Dec. 31, 1950 compared with 2380. p. (S. II.) Kress & Co.—December Sales Up— Period End. Dec. 31— for stock 1950—Month—1949 $ stock, preferred preferred of Corp. purchasers financial Sales shares of remaining to offer the common of and (10,000). Period End. Dec. 31— The company maximum price shares (15,000); Conn. for 28. 35,510 shares share. to sell Koppers' purchased by Investors Mutual, Inc. Investors Stock Fund, Inc. <28,000 shares), are and (22%) to purchasers reduce recap¬ share, 1950. Dec. 2,580,868 per $11 18 account" (23,316); Presbyterian Ministers* Fund of Phila. (20,000); Railway Light & Securities Corp., Boston (20,000); Massachusetts Hospital Corp. (15,000); New England Mutual Life Insurance 704 Kohnstamm, stock of of $1,500,000. Dec. outstanding proposals to will General (4.0C0).—V. 17. $42.20 was preferred shares the company shaies for each preferred share. pursuant to the offer which expired F. $50) (par the acquired of share. seven State purchase of 35,510 shares of remaining 32,855 company preferred the mortgage loan preferred stock up to of expired on Dec. 28, The by of used company per the stock approved price tenders $42.24 For plan a verage announced the 7 cumulative preferred italization of Heintz company shares sold of stock sales family) Co. be used for corporate purposes and for the (steel) for re-sale. offering is tentatively expected to be made at end of this month. of 563,347 at SEC Such vestment olfcred be Fund ment 000); of notification with to from the common shaies. both of Minneapolis; President and Fellows of Harvard College (50,000); Gas Industries Fund, Inc., Boston (40,000); United Funds, Inc. (United by the Department Washington.—V. 170, of be blocks shares) notified 8 Associates 444,116 me to is larger (100,000 of return a Fuel Eastern There stock The Jan. on and in (4.6%). The calculated as the result Gas aggregating interest Corp.—Files With SEC— shares proceeds base In was should rates company Eastern operating Corp., ' .• Steel 15,000 new properties ; - the' on company's share), accepted -The U. company stockholdings The company on Dec. 18 announced that holders of about 447o of the required 60%> of outstanding voting trust certificates for common stock had approved the proposal to reduce the par value of the common stock from $5 to $1 per share. Required assents were expected to be received in the near future.—V. 172, p. 2380. are 1947 $2,921,349 4,690,465 stockholders an plus $.01349 company, the The 491,080 27,819,092 of preferred purchase 268,707 5,762,277 this Kansas-Nebraska Natural Gas Co., Inc.—Registers With Securities and Exchange Commission— thereunder 'no stock of ..... covering company, 1948 30.498,054 income— of their by Lehman Brothers These holdings repre¬ Kansas City Public Service Co.—Change of Par— such a change in the which the plan was based the shares - 1803. The railway—. each The corporation North 496,169 railway oper. sell to Manufacturing Corp., a subsidiary, Manufacturing Co., with a mill at Athens, equivalent cash. of were debenture Israel From Jan. 1— Net the officers agreed $421.50 of contingent New This r-V. been Ogden, debenture by Ogden, Interstate Washington, p. proposal. shares 246,100 income of common escrowed advised approximately Split— RR.—Earnings- $2,501,340 price have (The) Johnston Mutual Fund Inc.—Asset Value Higher date. to are proceeds recently granted a rate increase, effective Jan. 1, in its exchanges in Washington. This increase is estimated to add $202,000 to the company's annual local service revenues, based on the number of telephones in service on July 1, 1950. In its order, the Washington Department of Public treasury, employes of the 1949 $3,135,798 had upon adjust shares Interstate Telephone in The Gross $1,000 the however, 173, p. This five-year per International Great Northern advice , —V. 1358. p. to of investors organized group Chicopee equivalent the $13,978.91 cash " h for Ogden a stockholders Made Koppers Co., Inc.—Sale of Utility Stock— additional 1951 will be entitled to vote in plan securities new to Be proposal to change 3,000,000 shares, par $10, to two-for-oue stock split. Stock¬ from effect At the present time, some 14,423 America stock. Of these more than —V. vote of offering the Insurance Co. of North Amercia—Plans Stock stockholders parties there will 102 held in of plan Utilities The The that, Commission Surrendered 8. p. with offering. over of Be negotiated by Smith, Barney & Co., New York, which in the purchase group and will be financed in oart by undisclosed amount from The Chase National Bank of spindles This Privately which $1) (par Corp. compromise whether a distributions Public 1, 31, 1954. It is in¬ to finance such con¬ sale of Athens to escrowed which Commission Public necessary from the- company's the of all technical Stockholders rate, certain to the present the holder has share Feb. toward payment of construction program, Dec. stock Ogden Security applied ending from and 1951. $46,000,000 an City the follows: as business by the future" the of stock promise 1981, additional of stock funds obtained revenues securities,—V. 1, the shares Total The conpany's of Feb. interest the to was of 27,700 • near of units 0.05 the SEC offering price and be supplied by amendment. Goldman, Sachs & Co., and of be the expenditures Jan. operating or financing completing for to Brothers, due one 15, the bonds. underwriters as the of cost to Lehman names Boston of associaces a a war, interest no The Sales Rise— notification of , to stock expected, SEC the advised allocations an:l competitive bidding. for the 196,580 addi- close -Offer 20, last, that 173, New York, escrow agent, on Jan. 1 debenture escrow certificates to holders of under Interstate Ogden privileges. determine underwriting terms for the underwriting terms for the stock are with a holder at Feb. "oversubscription" bidding and The basis at to other Johnson ' common for value). par sale subscribe the on record series (without public rights stock held statements bonds,-, stock for the the Each nine 1,144,073 registration mortgage offered common shares competitive price, common be subscription be will The of be of six each first to are filed 9 of shares bonds /Stockholders *, Jan. on $6,000,000 the 29, 1950, thus reducing share.—V. 172, pp. 2380 Jewel Tea Co., Inc.—Plans Private Placement—Nego¬ tiations in progress with two insurance companies tor a long-term unsecured loan of $3,COO,000 are expected to be concluded early this year.—V. im¬ Trust Co., consider $485,415.44 other The in to instead ferred 1,698,659 165,379 Indianapolis Power & Light Co.—Registers With covering all sale loan the (Del.)—Distribution— petition certificates 2481. p. letter a affecting the valuation figures of 3. 222,801 - been join Interstate $1,659,382 $23,088,196 $20,813,146 734,965 fxd. chgs. after 172, opers. income.— oper. Net inc. $2,302,215 revenues ry. stock on. $8,696,388 $61,016,636 $58,487,336 common cash, subject to adjustment. 2. Ogden will receive 10,609 RR.—Earnihgs- 1950—Month—1949 of to Each and Indiana Harbor Belt & $1,000 allocations shares note Period End. Nov. 30— their at Dec. on The company is engaged California and Texas. 1950—11 Mos.—1949 •• without underwriting. capital.—V. 172, p. 2380. between "in 1. 2127. p. to continue that: so 108 10,826,219 3,557,992 income___ oper. 172, paid was Dec. per Control- 72,099 outstanding shares transaction, it was said, will has a 1950. has make state, railway.. railway.—.- earnings will equitable. filed 88,429 from from of offer The the declara¬ yeai, share, Bank per 20, According 1948 From Jan. 1— Gross past Co.—New announced to th In and 223,664 _ shares per Dubuque, Iowa. to as Gross $10 $30 Commission RR.—Earnings— 1949 record $5.50 the The compromise plan had been previously approved by the Commis¬ June, 1949, and-by an enforcement court Feb. 23, 1950. On request of the Commission later in the year, the court authorized the 11,054,218 1950 of to share per controlling interest in Jergins Oil Co. purchasing group has agreed to make of The 15,661,020 2,017,033 November- issue $2.50 a of years O'Ruke Baking Co. of Buffalo, $2,000,000.—V. 171, p. 1568. filed 3 negotiations factors Illinois Terminal 1950, year prior Corp.—Securities Placed Jan. on 15,000 at SEC the Co., 14,881,133 167,354,243 162,528,602 2,894,936 36,845,184 25,800,377 2,323,734 after charges..—. 172, p. 2380. V. holders of are $9,201,871 for working Chemical further 203,989.999 2,764,937 Net to the on York The Adjustment of Compromise Plan Sought— $ sion Net shares common The preferred 721,197 3,620,469 21.892 of the at Interstate Tower Co. propose Operating taxes—— dividend a stock company price in the 1950—Month—1949 Finance corporation Dec. at shares are corporation's valued 1951, Oil certain New sented maintaining a high level gratifying. corporation is satisfactory and I am hand a 1950—11 Mos.—1949 61,007 a company has placed offered was the American Caole to 20,282,613 231,478,986 21,590,795 15,205,389 __ showing again are in the in capitalization 926,741 2221, p. to be used should feet cubic It of Interstate Motor Freight System—Files With SEC— 20,343,620 232,200,183 204,634,412 61,868 rev.„ Operating revenues Operating expenses ox the and 1733. and company. purchased __ 172, record $ 21,652,663 the shown have not the year, coupled with further early part of 1951, indicate subsidiaries the the has The Co.—Earnings- $ Operating the affairs of radio, which showed 8. plant The 1950—Month—1949 and too has, end $50) Minority Stockholders— privately through Harris, Hall & Co. (Inc.) a $2,000,000 3^4% promissory note due Dec. 1, 1957 and $900,000 of 4% serial debentures, series C (subordinated) due Oct. 1, 1952 to 1960, it was announced on Jan. 3. See also V. 173, p. 8. of 104. p. Cash — „ day. 30 which 2, preferred Jergins Corp. on and sustained in on of that 173, p. distributed Illinois Bell Telephone the parent orders position hopeful Interstate which a additional an months, 120,000,000 trend Corp. losses at the company —The company. cubic the overseas including —V. it stock¬ are production Fluor of excess cash __ Mr. Fluor said. The company has totaling approximately 95,000 acres in 20,000 adjoining acres in Kansas, and in this cable satisfactory and permitted to Jan. and outstanding " accumulations 1250. anticipated Y., R. years insurance of Ry. Fiuor, William 154 producing gas wells on the properties, production of 90,000,000 cubic feet of gas now the day, a estimated are will welis day, Mr. York gas allowable increase R. Oklahoma Fluor, Corp., and Fred Panhandle There an complete ,40 Simon $36.- for the transaction included the placing of 47c first mortgage notes with Mutual Life In¬ feet proven reserves gas added. in reserves J. Fluor of leaves stock qpar 1345. Telegraph Interstate Department Stores, Inc.—Dec, is being sold to Northern Natural Gas Co., of present deliveries are at the rate of approximately and Oklahoma have by letter International ■ Radio Period End. Dec. 31— Sales gas Financing Neb., 90,000,000 the gas 2 of company. 15-vear On Interstate Bakeries Corp.—Acquisition— production gas leases new of Co. surance Jan. Los Angeles, negotiations. Omaha, natural on Vice-President & reversed & The any natural about 172, p. of purchased, preferred in hand on dividend a "The N. formed to produce and develop mid-continent field, has purchased for the fractional re¬ impose recently company, of signed a trustees Chairman, commenting end ana orders prove."—V. the affect not does nor the paid by their parent company, the Telephone Orders decidedly to discussing informally with proposals with coupons to companies, both was general, our production and Hugoton Plains Gas & Oil Co.—Acquisition, Etc.— This lieu production for sometime to come. "Capehart-Farnsworth Corp., acquired in the spring of 1949, I believe fully justified our investment in that company and operations have has Paul authorization for authorization pledge such bonds, the bonds—V. 172, p. 1533. charge upon in part: have Corp.,. at substantial tion holders act in their holders has Manhattan RR. Co.—Protective Committee & unpaid forwarded Telephone "In Hudson the to 47r (par $1). capacity per Y. the be dividend A Radio recurred. 104. p. said satisfactory N. Y.—Registers Commission— Exchange all communication deficit a Dec. shares of its S5.10 recently of Satisfactory— corporation, granting purchased later and should Colonel Sosthenes Behn, & Inc., and corporation on covering market & proceeds delivered International and Chairman, among shares option no officers . at per $1,000 bond, " the holders Niagara Frontier Transit Sys¬ covering fractional interests will be a 2127. Fund, Securities The net bonds "Federal Plan Howe $1,007.93 Co., 43 Court St., Buffalo 2, N. Y.—V. common approved key 40 The the 26 expected market value during board p." the instructions authorized Oct. on about to Vice-President-Secretary. by I960.—V. than S5% The fixed be 31, shares common the and be r.ct the the 1,700,000 plan to offer employees not of Shares 47c The In claim stock. shares. Hotels Statler Co., Inc.—Stock to Employees— stock each approximately 28 shares of common 5 This 28,871,020 $ 1950—12 Mos.—1949 $ $ 28,265,467 161,657,149 company had 259 stores in operation during romDared with 256 for the same month in 1949.—V. 163,923,43? December, 172, p. 1950, 2221. 6 The Commercial and Financial Chronicle (202) Long Island Lighting Co.—Merger Completed— Kroger Co.—December Sales Show 21.7% Gain— JPeriod End. Dec. 30— • 1950—4 Wks.—1949 $ $ *• Stiles ended Dec. period same in operation during the four weeks compared with 2,204 stores in the 172, p. 2380. * ; .[ year-ago.—V. a by as Suffolk <te single Net 1950 $3,840,935 sales $1,577,371 226,336 . loss.—V. "Net Not avail. Nil $0.25 —. Y'-."' 172, p. 1929. "14,828 886,276 profit after taxes of capital shares Earnings per share-.— --—, Number , '■ YY •' .-V.:-', M. .'. 'vY!l ,;'Y,' ■ Lighting Ifrb., company Dec. o:: subsidiary.—V. a 3, 172, 1950—12 Mos.—-1949 ,' i •; from Not from Npt ry, 1947 $266,369 61,306 85,097 6f 21,057 14,440 2,525,903 3,124,587 921,055 2,789,022 income— Net from Net —V. income— 2481. ■ oper. ry. .172, p. Lighting will directors be held Jan. 581,513 171, held The Lehigh & New England RR. —Earnings— "Net from - railway..—__ from "Net ry. ■/ Each of income.._ Gross Net from ry. yrV. 349,168 264,599 by 242,183 208,144 158,835 used 214,958 oper. - 7,822,922 3,494,282 2,086,429 income— 7,115,586 8,394,871 3,298.117 it of the Board United of Dye 1,605,589 from ry. of American Dyewood President of United Co., Gross of Farming- from stock EARNINGS f.tl{ FOR NOVEMBER November— Net ry, MONTHS / 1948 to $10 $5 in which share. per loan term a v;..;-.vVy;'. 1,523,614 1,402,931 1,726,853 The of 1,179,094 Affirmative action of about from ry. Dec. 28. for -yw / Y 64,961,796 15,866,139 63,645,903 11,833,761 73,601,961 and on of one to holders 1950 i 11,462,152 7,745,369 5,435,690 8.896,524 4,296,539 fit r> Gross to dividend preferred stock (no par—stated value from Net after additional ry. "seVetfaliy* agtfe&d? Dec. 172, stock $22.50 19, 1950 ; the . from ry. Gross pres¬ upon Dec. each 14, share 1950.—V. to preferred stock certificates at time of exercise and there¬ whether or not so attached. • 1' 1 " • '■ OFFER—The —V. held 173, preferred .stock, and (bi for each'"share of 6"% "participating preferred stock," one share cf new preferred stock; plus In each case the accrued and 172, recently appointed 172, p. 2025. in 1949.—V, preferred stock, in cash. ' ■ •' This exchange offer will expire at 4 p.m. (EST), • Jan. 31, -1951, following which date the company will redeem :and pay for all-shares of H'!n prior preferred stock and 6'Y participating preferred stock at President, applicable i redemption prices, respectively, taccfued and unpaid dividends to date of National Savings 'agent. & Trust plus, In each redemption." ..Y-YY' 5,- D' C., ' is Co., redemption premiums stock participating thereof are and as follows: iri Dec., $5 on prior upon redemptions stock over of 172, stockholders stock. the to : > FUF.FOSE—The on which :with a to ■ of the Sale of the new preferred decreased.—V. 172, pp. 2481 and Tq for stock and ■' -■ The . from ry. company, J\ 9.3% Lion E. Oil the 24 inches in 235,687- shares will shares be mailed stock of :■ Oil Produc,ion -Mr. .gas ■«,nd on Division of Jan. Ridge ; ' l of a production, covering t • Natural Gas m An to holders outstanding.—V. v ■ the in tr!e operat01' aud Gasolll,e and cyclihg company owns .Scurry Tex. The artd the 1 Lion M Oil in other similar plants p in 1,610,270 427,274 295,990 . , 145,345 v . h '• has filed application an at Develop Proposes to - with Federal the (111.) Oil Power Field an as investment cost Total $1,900,798.—v. 172, p. 1438. ' , Earnings— 1949 $456,900 V 7 -1947 1948 $372,325 $382,135 $395,237 197,322 130,713. 101,741 108,101 97,059 4,315,430 3,774,988 4,287,779 1,744,540 1,322,645 1,855,085 806,453 862,332 ' 938,288 income... 1.77,597 200.041 1 • 81,389 1— railway..— railway income 2482. p. . 3,822,301 1,600,987 ; 730,686 ; .. " on make $8,000,090 an tificat'es the & Jan. 9 on bid Co. The line main is winter.—V. portion Plan scheduled 173, to 105. p. Valine and members Ca1« Valley in shares of stock common At ore stockholders "of held, fon record to each share expire offered A at par that today . 4.T." with an : .. Y the purchase in at the - — ■- ■ - ■, J • - t- - has- been "It cash T/ for & / 1950 -' ,■1949 $172,619 from; railway_lwi. railway__'_7_'_""' 54,236' ihcdm6_i.Y ry/ oper. -Prom Jan. 1— Gross from from ry. ......... - - > 1,886,793 1,781,833 ; p. 199,846 income * ^ • —v. 19^04 I 1,793,816 551,667 536,313 206,041 230,270 "• 155,558 • - 2381. Miller Manufacturing Co. -Fiscal Year End. : Net" sales Pfofit has of the - the been that claim of many ark the .substantial Missouri Federal Net Class Com. Com. Sept. 30—1 1950 income taxes " taxels_—' income A div. '* - ' per 437,319 " 1949' - 1 - 312,973 -172,060 4 " !' 130;00Q- " '-$265,319 $182,973 5,758 6,225 declared-__i dividend shares Earnings —V. inc.' 173, acquired —"V. 105. p= 1 of idle Pacific first accumulations. com. 171, p. 2193. share " $4,036,775 "* ",576,155 "r. 223,000 330,324 $433,84$ is in v syndicate - j $353,155 \ 9,035 " 184,489 •221,7l6 17,573 '204,626 558,863 542,462 $0.45 $0.33 $0.T6 $0.62 - "* .. and, the to Pacific raise $20,000,000 against - the N. O. cash wllL shortly be offered the when accepted, will cause a held by and for "the - ... Mills, C.; plant expected • Missouri " " ; ; Inc., of to subsidiary, has purchased the Hosiery Mills,. Inc. The operations, in about three months. a Chadbourn begin i 14.62. p. . , * • , : - to stockholders common effect a on Dec. stock two-for-one —j-V. 172; p: 2221. . - Monarch Machine" Tool authorized as . ' 570,503 114,119 - and > Y Y- ,,, cash " . Hosiery N. mill 171, • The ' '1947 )948 764,170 570,628 declared outstdg'.__J directors cash company's portion Missouri of Missouri This Pacific, increase - the the completed. Co. Port City Wilmington, v (& Subs.)—Earnings ;'$5,331,114''*' $5;031,147 ^$5,096,933' before . Mojud Hosiery Co., Inc.—Unit Expands— 1,967,677 442,624 ^ » are voting "Reject" receiving revocations bondholders., " is call price plus part: in the on * ' 525,551 exceed added from a market open not to .''.'Yl'W' 'Li.iu be Davis, C. bondholder's expects to *of would T. Voting 47.265 ..-28,331 • r the use by 9. proceedings under Section 77 of the Bankruptcy Act have been long.and- tenuous. The result- of the balloting will probably not be known until about April 1. Furthermore, there are some 12. sep¬ arate appeals from the plan yet to be heard by the higher courts." $170,208 68,069 ■ soon Jan. on Dec. at , reorganization expressed Commission "Accept" the .'■ » of Union Co.; .'"The 1947 $209,457 52,182" 19,353- 29,296- railway rai-lway_s.^iwa oper. 172, -- "; 1948 $177,551 " : & ;• Y' of was statement a j announced funding M. tvjU6tee Midland Valley RR, —Earnings— Nfit'from Drexel .. year-end " 1951,-, No- underwriting is involved. pay for conversion to dial telephones r ■; .•?*•:4•,»-ii'to Wi'v-v J — $8,355,297. equivalent. substantial W Halsey, Philadelphia closely approximated' $80,000,000. In addition, the together he'd about $19,000,000 .Of cash Likewise, the 75yk owned-Texas- & Pacific Ry...Co. had nearly $19,000,000 of cash and ' — equivalent. and RR. M from - the -Nl O. T. & M. .and I. G. N. Pacific •• ; though the trustee paid out more than $11,000,000 to first refunding bondholders in December, • cash of the Missouri Pacific and further ... 99.311 under include 7 ■ plan Commerce statement 15, -V in he seek to . than progress thousands that to Davis- in marked said used program. "Novembe'r-il-"■ Net ballots Davis r-roeeeds are to "be Expansion less 15). that Feb: C.Y Gross (Jan. on for net company's now Board, said authority •Mr. share)' _V Davis refunding bonds • 1951 oh the basis qi one .oversubscription priyTegc. «« ends -Mr. f.tr t T cost the the for . 6, c issued '"Even tl JarY to balloting for '*■ ($50 per 2%s.; of . that-the' Interstate of. earlier " i ^ for are of the offering group and Stroud & Co. Inc. Corp.; of Mr. in < also which certificates Approximated $80,000,000— and con- be V its bid of 99.4086. on received, was estimated Chairman will ! of subject Lo approval of the Interstate Commerce Com¬ certificates are secured by new standardrgaugc -railroad The Confidence line • under- an $7,080,000 made was defeated completed be *' headed offered .Chairman Expects Defeat of ICC Plan—Cash 31 Pipeline—=- of' the 10 Inc. Offering of the Other more The gas. Hutzler Jan. on serial equipment trust certificates to be 1951 and 1, One other , pipeline & maturing annually Feb. 1, ,1^52 1966, inclusive, at prices to yield ffbm"1.85% to 2.75%, according to maturity. The group was awarded the cbrr equipment 172 ; which group Equipment Trust Certificates — Bios. to J, ' an¬ owner of the largesr interest in plant in the Shuler" (Ark.I field. interests 761,526 126,703 - . - - _ 8 Department:-of County, Arkansas. Louisiana and Texas,"—V. 171, p. 2610. announced for Rights'are to m 8 ,0W?,fr a,monS 18 companies and individuals parties patmg, will operate the plant which will have an ultimate capacity of ■.!tf million cubic.feet of.gas per day., •? ••-yX iSf'SX!? In addition 2 will diameter. '' ctnAVli nl rl share new the Diamond fields 457,065 241,246 Feb. Stuart a gather 1,500 to' 'cdmihon —V. Jan. on 2,148,023 643,977 series PP 2%% f of 10,988 w . 2,046,185 ; 1950 oper. writing .f}" Telephone Co.,' SelinsgFOve, "Pa.— Files With SEC—Rights to Stockholders— " " •' • • ' [The company on Jan. , 5 filed a letter of notification with the SEC the extent that exchanges redemptions, will pro tonto the company., (Canyon) that Miadlecreek divi¬ Howell;fprther said in part: ."The company is now bbnst'ructing gathering system and natural gasoline plant i'h the Sharon Jan. on before next operation Co.—Forms New Division, etc.— formation Net dated increase and that: will 2380. Howell, Vice-President in charge 33,304 10,368 ' 1950—11 Mos—1949 >^ ■ ; gas available, for defense natural gas deliveries to the Detroit area by day.. The company will construct a'line paral¬ leling or looping its pipeline from underground storage fields" in West Central Michigan to Detroit. The line will extend for 180 miles, will link three stoiage iie.ds and will connect-with a network of smaller production Net J. 82,960 32,665 39,056 . —~ Missouri Pacific RR. subsidiary a company Net nounced 1947 $149,946 . 2,209,213 Offered—Salomon : approved an increase in the authorized shares from 300,000 and a two-fcr-one split . struction-,program lines' will and 1948 $220,269 proposing to develop the Waterloo storage reservoir for natural gas. from f": Net 1950—52 Wks.-r-1949" ■ added- 86,622 35,583 2482. opsr. .; 10 additional has 150,000,000 cubic feet pre- unpaid amount will: be 1949 $190,010 ... plan all ; coropapy s. .wbrking capital funds. f"all be effected, the amount required be ry. Gross 1950—11 Mos.—1949 Michigan Consolidated Gas Co.—Plans New of approximately $1,273,000 (not including accrued chereon), and the difference "between this- 1950 railway railway..; mission. This preferred dends 2,029,251 income— From Jan. of General Telephone Corp., has been granted increased rates effective-Jan. 15, 1951 which, it is estimated, will add $370,000 to the company's annual local service revenues, based on the number of telephones In service on Deo-. 31, 1949.—V. 171 p. 361. ... '/ • . , -proceeds 5,603,036 2,538,700 from from • value stock 6,274,473 2,074,922 • 18. This shares preferred 5,861,048 2,562,994 railway..— i). Net -Michigan Associated Telephone Co.—To Incr. Rates— net. proceeds redeem medium 367,150 30,053,751 $232,166 railway^ Securities will provide the .company with funds unexchanged shares of old preferred stock, exchange for the 'old preferred stock, and with •^additional working capital. Upon-the .assumption -that -no exchanges occur, the amount required to redeem the old 'With 211,438 34,146,344 6,943,151 corporation Gross 2381. p. 1950—5 Wks.—1949 Jan. on 600,000 company p.-' 2481. ?; par 151,292. 33,043,490 income—_ cper. 172, .„. casq, prior the 648,429 35,596,199 November- i . preferred 834,168 Missouri Illinois RR.- compared 1950, Stores. .Go. Inc.—December Sales Up The stock, $2.50, and participating originally issued prior to Feb. 1, 1941, shares originally issued on.and subsequent to Feb. 1, 1941. preferred stock, $2.50; and payable $3,219,581 486,'403 6.59%— $18^807,600 $17,208,400 $115,702,400 $105,572,300 of exchange _ .The ■f hired 1947 $3,223,101 641,883 income underground •' $10,042,660 $9,682,601 $70,886,856 $71,864,212 'v.,." '..V, SV" -Vf ~>fiul2<iior>»aAir Washington " 1948 $2,960,982 1,105,550 railway Commission to ■ 2381. p. stock Jan. , the 1949 $3,803,2^8 Mississippi River Fuel Corp. Underground Storage Reservoir- 1950—12 Mos.—1849 operation 1950—Month—1949 V' 2221.. p. 172. > unpaid dividends thereon .unci tire applicable redemption premiums pay¬ able upon redemptions of said prior preferred stock and participating a Dec., 2381. p. capital is offering shares of its $1.50 stock with warrants,, in exchange-for its outstanding shares of prior preferred stock, par value $50, and partici¬ pating preferred -stock, par value $25, on the following bases: Y(a) For new 1,712,738 was Mergenthaler Linotype Co.—Split-Up Voted— company prior preferred stock, two shares of 4,299,411 1,977,277 railway—L_; from 105. p, $10,818,562 $10,257,130 $53,179,266 $51,406,829 THe "■cumulative dividend -preferred [egch share of 7% 4,323,941 1,271,555 2432. from The 1950—Month—1949 stores 205 Sales; for four years, EXCHANGE 3,235,816 2,318,303 1— oper. ry. —V. ,;rPeriad' End.iDec.-3D*-, 2950—Month*—1949 holder after, 5,377,499 From Jan. 1— each attached ■be in Mercantile . — stores 172, —V.. to purchase common stock at $12 per share, subject to adjustment • in the ratio of two shares of said common s.tock five shares of preferred stock, said warrants to be exercisable for a period of five years-next-succeeding'Jan. 9, 7.951. The warrants may be exercised duping the first year of said five-year period only if • had -Period End: Dec. 30— possible for 16,717,832 railway from Net > . 18,603,581 i railway— p. Net was Zenner.—V. Sales ' ' : redeemed all or in part at $27.50 •■per share in ;the first two years; $26.50 per share in the next two years'; $26 in the following two years, and $25.50 thereafter; plus '•ac'crued dividends in each case, f ' . ; : a,:'WARRANTS—Each share has attached thereto a warrant entitling 192,887 17,452,817 Melville Shoe Corp.—December Sales Higher— be may 474,577 1950 open 172, —V.. 172, $uft*ha££f !&ny' ^f^sUch offer.".yt:.''''.')-.;" preferred new 793,318 415,530 Mississippi Central RR.—Earnings— 1635. p. share" for record of Chairman, R Sales sbares;not issued' pursuant1 to'-acceptances of Such i'-'The 552,737 November— V:,:v,y Stores Corp.—December Sales Incr. company 202 —V. - ..exchange D. Period End. Dec. 31— Of these shares, 46,950 are initially being offered only by the company to its 7% prior preferred and 6% participating preferred stock¬ holders pursuant to an exchange offer. The under• 1947 $1,620,701 be McLellan Stores Co.—Current Sales Up 5.5%— share), with warrants. writers; rfiave f 1948 $1,942,091 256,108 income Jan. Net Stock 1949 $1,758,293- 19,104,529 railway—— from Net —V. , Service Corp.—Preferred are* 34,750 388.346 income ' —$17,686,183 $16,592,813 $98,640,605 $95,767,092 The underwriting syndicate, headed b,y Johnston, Lemon & Co., on Jan. 11 publicly offered at $25 per share, plus accrued dividends, 30.000 shares of $1.50 cumulative per Zenner, late Sales f."'-'-' ,i' Offered—An ■ {..^Lincoln the McCrory Jy There 830,231 income of-the project is estimated 66,576,730 15,381,049 railway.... railway....— Net ry. oper. income— —V. 172, P. 2481. from preferred acc.usd div¬ " $2,055,674 railway Net stamping.—V. Period End. Dec. 31— from Net M. succeed From Jan. 1— Gross twu-thij-ds 6'// plus share. per into The share 950. p. 1950 oper. From on would $2,500,000 from Net plan for liquidation of the company, preferred stockholders received an initial share per certificates of Philip 79,815 $1.50 stock. per 2482. p. Net • Co.—Liquidating Dividend— prior $15 distribution made 807,557 807,528 1,008,496. totaled 1 November— Gross amended the cumulative 6% $6,078,889 oper. converted 326.50 Jan. Minneapolis-Moline. Minneapolis, St. Paul & Sault Ste. Marie Ry.- -Earnings Co.—Meeting Adjourned— Masonite Corp.—Stock Split-Up— 1947 $6,931,621 be into common railway—-., oper. 172, Net V 1949 $5,807,757 railway— income:— from Net AND FIRST ELEVEN 1950 $6,105,596 Avery would common railway railway from pay $1,501,500 of accumulated dividends on the 7% preferred and to refund outstanding bank loans of $1,175,000.—V. 172, entation railway— from Gross Avery . merging would be retired at from ry. McBee Co.—New President— '- on to distribution / have Co. approved by shareholders of,jeach stockholders at special meetings to to for railway. Net —V. meeting of stockholders which was scheduled 10, was adjourned to Jan. 25 because of lack of the company announced. In connection with Lehigh Valley Ry.—Bonded Debt Reduced— Sons & announcement an be Minneapolis-Moline at oper. Net Rogers and Solomon H. Sleppin were elected Market Street Ry. The company has notified the New York Stock Exchange that it has acquired $1,981,000 of its bonds, including $596,000 of series D, 4s; $491,000 of series" E, 4,/*s; and $556,000 of series F, 5s, all maturing ' Jnr2003. As a result, there were left outstanding $19,566,750 of the 4s, sef-ies D; $10,604,750 of the 4'/aS, series E, and $6,774,000 of the 5s F.v'^ The company reduced its bonded indebtedness $12,329,750 last year.* Avery to From Jan. 1— Gross the of of from Net 1150. p. proxies, 2381. 1,418,246 1,936,271 must provides Avery Net was 2,479,128 172, p. 2431. which outstanding.—V. 171, Gross special directors, the p., 6,851,260 2,626.529 F. B. according merger, November- Elected— meeting originally called for Dec. 28, 1950, was called for the of taking action : on a proposal to reduce the par value of stock railway oper. ' , 1 railway from Net $713,969 of idends, which proposal is necessary for the management to execute a-plan for selling about $500,000 worth of additional common stock. The additional common stock Issue is part of a program, apnroved $783,130 share share a snares the 1947 1948 $777,249 and company 173, Jan. on common 400.053 $770,574 374,016 railway..— From Jan. 1— „ 1949 1950 November— Gross proposal stccx purpose the this agreement, The elected Chairman of the Board of Lowell announced on Jan. 11. Mr. Bailey is also been Power Shovel adjourned be sufficient 207,366 300,142 114,820 An to 774,103 of proposed a on company, will be submitted be called in about 60 dayj. stock¬ of ; 7. The and John 31.—V. Jan. on directors agreed the T he Co. Corp.—Chairman Chairman Sr., has Corp., the Board Marion railway railway.. of $14,236,757 $14,136,245 ' Minneapoiis-Moline Co.—Proposed Merger— The directorships 23,030 v from of Island, N. Y. Fund, Louis L. Norman From Jan. 1— Gross Bailey, Corp., directors.—V. 79,052 30,790 2,763,943 904,874 286,682 railway—— oper. $213,252 $258,650 94,516 Island Factors Adams Factors dale, Long 1948 $293,321 1949 1950 railway—_ nine for 5 Sanitary Corp., and a director of the First National Bank , November— Jan. on Long election the H. Robert Adams "^Lehigh & Hudson River Ry.- -Earnings- < . 1950—5 Mos.—1349 • $4,168,464 172, p. 2581. Minneapolis & St. Louis Ry.—Earnings— Chairman Gross closed were President of General Public Utilities Corp: President of Equitable Holding Corp. A meeting Chemical 2280. p. 1350.- 24, Tegen, for Lowell $4,525,479 §48,504,293 $43,472,136 $4,857,740 172, Higher— 1950—Month—1949 Period End. Dec. 31— —V. Oct. on 105. p. Lane Bryant, Inc.—December Sales Sales holders 845. p. F. Vanneck, Co., American Biochemical dissolved 1950 consummated Was 1950—Month—1949 $4,432,355 —V. & Sons, Inc.; Percival E. Jackson, attorney; Lee P. Vice-President of John Hancock Mutual Life Insuran.e Co.; Albert •-The Co. " Sales company, Monday, January 15, 1951 . Co., Inc.—December Sales Up 6.3%— Period End. Dec. 31— sub¬ Hausman Stack, Lambert Co.—Dissolves Subsidiary— ..t Miller-Wohl operating nominees are the following: Edward F. Barrett, President of company; Colonel Charles G. Blakeslee, attorney and former member of the New fork P. S. Commission; Dougall C. Fraser, Secretary-Treasurer of FraserBraee Engineering Co., Inc.; Harry C. Hagerty, Financial Vice-President of Metropolitan Life Insurance Co.; Samuel Hausman, President of 1949 Net operating consolidated recently Months Ended Nov. 20— Four its of absorption Nine Nominees Named for Directorate— 1 * the the recent merger of a Nominations Kropp Forge Co.—Earnings— completed Long Beach Gas Co., Inc., and. now it was announced on Jan. 8. The consolidation with Queens Borough Gas & Electric Co. and Nassau serves number of stores 30, 1950, was 2,060 average has company sidiaries 64,232,214 861,212,406 807.739,440 73.272,959 The This 1950—52 Wks.—1949 $ s . . 20 from Co.—Split-Up Voted— approved a proposal 250,009. shares split-up of the . to 210,000 to increase, .the 750,000 shares; so outstanding shares. . Monarch Radio & Television Corp.—Enters New The for manufacturers. —V. 172, p. • Field is entering the electronic equipment field and has $50,000, Grille Brothers," Los Angeles, Calif., electronics The latter is now working on a military contract. 1831. .'■•-■ .company acquired • .V. Volumes 17*} 'NT,,. Volume 173 Number 4977 .TheComniercial and Financial 'Chronicle . 7; (203) Monongahela Ry.—EarningsNovember— Gross from Net from Net ry. , 1950 . railway. * $548,659 railway... 1948 8404,060 1947 8734,920 8783,192 Gross 160,079 344,293 422,526 Net 109,224 181,254 Net ry. Net from from 5,519,128 5,265,897 7,839,525 7,586,848 Net ry. 1,819,302 income... opcr. 1948 1947 $565,985 232,437 130,249 $696,181 246,889 225,780 income— oper. Pacific Finance Corp. of California—Notes Placed Pri- 1949 $567,983 $785,457, 13,752 237,883 326,930 202,383 From Jan. 1— railway railway..i 'Deficit.—V. railway—_ railway. from ».33,163 • 1950 from 158,977 ' From Jan. 1— Gross Orleans, Texas & Mexico Ry,—Earnings- November— "27,826 . income oper. New 1949 - 172, p. 1,939.113 264,985 3,773,700 Net 1,576,126 ry. —V. 7,557,707 6,432,795 2,307,296 7,168,541 2,194,142 income 2,208,767 2,471,487 1,925,797 2,280,773 Pan American World i in New York Montgomery Ward & Co., Inc.—December Sales ; Period End. Dec. 31— 1950—Month—1949 $ Sales 172, 1950—11 Mos,—1949 $ 164,189,916 —V. Incr. $ The ' Marine transfer ^ Water Service Midland agent 172, Trust for of York New 372,256 has shares been of stock common ICC unsecured Dec. on authorized l the ondary distribution of 4,000 shares of - to company issue $200,000 a for the purchase of new equipment.—V. promissory note par) Exchange 173, 105. p. Montana-Dakota Utilities Co.—Stock Reclassification— The Federal Power Commission Jan. on authorized 9 this share. 4.50% series amendment to preferred its stock, certificate $100 value par share, per Commissions.—V. an this See Consolidation— plan for the merging of Inc. will be the surviving Vassar Co., sales own lidge, The plan turbed of Vassar that Co. under Co., be products own will that be gar¬ operated E. as a provides that the 298,600 Munsingwear common stock will be be $1 entitled to of presently record at vote the at outstanding into $10 share in 3,i)ths " of stock common of amount of Munsing¬ share- of Munsingwear a the to Vassar The close of business meeting.—V. 172, Jan. —V. 219 were compared 172, stores 218 to in stores rated the at operation struction, of the close of the year shares 000 record of Jan. outstanding capital stock 33V3% Gross - from from Net ry. 1949. issued board directors also The 11,535 shares of market value been granted in and another for any 10 stock at executive —V. Gross Net dividend policy for the future. Net ry. on stock options 85% of covering its Jan. president not 5, 31 and depreciation, of reported $463,426 net for earnings, the five after months provision ended Nov. tax at Albany the will increase the units, new under now 1947 $787,322 $771,988 312,642 156,615 163,007 152,768 149,672 Income Stock The 36,813 61,366 ; to remain would of Jan. on executive ten with the 5 Gross employees, 8,627,537 8,017,389 9,175,838 2,274,112 —V. 85% the of market price for 518,996 871,976 630,993 ■: %; \ 5, to shares Jan. of 1951.—V. 5, 1952. The stock common $14,427,252 income 4,063,675 2,364,056 4 ,234,028 4,855,415 2,401,475 ' 172, p. a *A 150% stock record of $300,000 the Dec. railway____ 151,051,246 44,592,000 Income 25,664,589 ,713,918 21, 1950, the from, -surplus outstanding capital made was increase to capital Dec., 29 on being to effected account. by %This Commercial the transfer each 172, was reported struction of of in $2) (par $500,000.—V.; 172, to p. December 170 ,054,787 150,752,776 55 ,676,517 51,223,015 35 993,543 31,734,262 31,461,190 . 18,712,672 titanium.—V. 172, plant in National Shirt Shops of -• Period End. Dec. 31— Sales —V. • not v, *■/ for Great " 1950—12 Mos.—1949 - $42,833,800 steel ingot Steel expansion capacity project includes a $3,679,475 $17,330,834 $16,057,596 of • the plant blast furnaces over a at five-year 500,000 ton River whicn tons Mich. period at will to will shortly tons claims the ; V- dated the basis shares has York New 20,. Net ry. —V. 75% the total.—V. The Federal Power proposed tural Gas Coke & acquisition Co. Co. Both Commission of all on Nov; on Federal because. the companies are 27 approved of its Gross . will, be v : shares Petroleum affiliates of The 173, p. of of Oceanic stock. It See is also* effect its no-par capital stock be the in the corporate with resulting rate records, reports with In held for by ry. Gross 27 reported Court that Security V the % City, Lake minimum«number of and plan.—V. prior benefit well of in to for the 10,000 Gas, said Peoples 10.000 shares and that by the the and 5,000 shares of Kansas. shares of no-par Texoma no-par capital stock proposed of will merger, the the as ry. Utah, Sales oper, in common enterprise will be simplified simplification of accounting and corpo¬ the making of applications and filing 1950—Month—1949 „___ 1950—12 Mos.—1949 ry. July last of 171, pursuant year, 1787. p. to " sinking %' 1949 ' 1948 1947 : 832,288,252 778.447,435 917,917,182 826,497,399 131,898,323 109,865,710 156,712,009 106,320,644 51,922,342 34,433,472 65,508,335 32,158,919 " Lines—Earnings— 1949 $729,853 $627,845 $815,345 $811,702 "158,069 "393,821 "102,107 "289,560 "112.670 294,580 "523,198 "363,904 8,578,051 8,028,058 10,930,723 10,662,983 "1,557,735 "1,688,768 "159,911 706.951 "3,996,512 4,035,512 "2,796,626 "1,892,616 , inccme___ 1947 1948 railway—. railway____\__ income— oper. 172, p. 2128. Peoples Drug Stores, Inc.—December Sales Up 7.6%— . Period End. Dec. 31— Sales in 143 were in stores December, 1950—12 Mos.—1949 1950—Month—1949 $5,141,392 $47,250,678 $46,762,956. $5,529,874 ______ operation 1949.—V. 172, in December, stockholders municipally Improvement in in owned Co., to spend over under lease by United $30,000,000 in> the next improvements'to meet expected increase Hudson W. Reed, President, said the program,;, consumption. gas operated company, plans expansion and outgrowth of-a survey conducted by Ebasco- Services, Inc. and the company, proposed capital expenditures of $11,370,000 for renewals and replacements, $17",472,000 for system; enlargement,*-and $3,069,000.* the company 172, p. plans 15,000 letter notification of shares share Kirchofer through 167, with filed was common-stock of to-be Associates, Arnold dr the' SEC $1) fpar to; spend ', % Piedmont Aviation, Inc.—Files With. SEC— —V. on Inc., - Dec. offered 26 at covering $1.50 per- Raleigh, vN. C. 852. p. a payment rata pro to the did minimum compared 1950, 2383. p. Philadelphia Gas Works Co.—Plans Expansion— A 1347. Pierce Governor Co., Inc.—Note Privately Placed—The corporation has $750,000 from Metropolitan promissory note, payable over a borrowed Life Insurance Co. on a period of 10 years. Proceeds are to be used for general corporate purposes. The corporation combustion control devices for internal* makes automatic speed engines.—V. Pittsburg 1948 1947 $56,923 37,553 10,122 Net from 13,326 30.867 2,324 "447 Net ry. 878,745* 893,906 1,008,224 723.787 299,807 318,896 401,208 211,905 28,597 86,978 116,112 45,860 . 23,831 - "6,153 16S, 1888. p. & Shawmut from 1948 1947 $193,800 $204,100 $232,562 43,089 40,282 50,876 27,243 23,697 11,108 16,681 2,341,289 1,982,970 2,835,600 611,631 504,154 318,732 823.026 2,337.161 751.666 386,518 552,495 1949* $210,628 railway—_ 50,111 railway Income— opcr. RR.—Earnings- 1950 November— Gross . From Jan. 1— - 172, from Gross Net from Net ry. —V. 2382. p. The stockholders Dec. voted to railway railway.^—_ lncome___ 386,383 oper. 172, 2223. p. Pittsburgh Brewing Co.—To Increase Authorized Debt the authorized but 4% cumulative preferred stock from 825,000 shares (par $20) to 165,000 shares (par $100); to change the authorized common stock from 1,790,500 shares of $20 par to 3,581,000 $10 par shares to effect a 2-for-i split; and to change the voting rights of the 4% preferred, and common stocks from one vote per share to one vote for each on 11 corporation Electric System—Sale of Subsidiary— has sold its 99%. stock interest in United a . New England Electric System retains ownership of $2,400,000 $3,000,000 bonds of the Railways company.—V. 172, p. 2026. incur one » stockholders indebtedness time The and company that the debt. term of par value.—V. 173, p. 9.'; * on have manufacturing President Jan. of been plant completed for Anderson,..S. in Owens-Corning Fiberglas building C., Corp., a Harold an new Fiberglas Boeschenstein, affiliate, in and expansion of plans contemplated since early increasing our textile production facilities to meet the growth demand for Boeschenstein "This plans." . he accelerated and required an adjustment in Mr. our ftated. Excavation 171, p. has and-site' said. Production grading will are begin starting authorizing to exceed the company $6,000,000 at to any. that amounts there has no the directors deem expenditures and, other corporate purposes. The said $2,000,000 was spent during the past two fiscal yo^rs for plant improvement and there will be a further outlay of about $3,500,000 for additions and improvements, mostly In 1951.—y. 172, p. 2483. Pittsburgh & West Virginia Ry.—Earnings— immediately, about the middle of Mr. 1951.— 1950 November— Grcss from Net from ry.- railway.^—, income— oper. 1949 1945 $690,924 $479,371 80.24(9 $799,791 279,208 126,212 railway 105,670 71,433" ' 1947 $578,527 1 48.11Q 160,799 105,867 8,082,758 2,804.170 1,796,553 6,227,192 1,596.537 1,084,281 From Jan. 1— Gross work 1611. on not is no debt outstanding at .present* specific plan for incurring longit advisable to have available of authorized indebtedness, if required, to provide states capital for Net Fiberglas-yarns in industrial and decorative uses," sai& situation Boeschenstein V. military requirements for Fiberglas yarns have neces¬ adjustment for 16 announced 8. "Current large Jan. amount company Owens-Illinois Glass Co.^—Affiliate Expands— yam vote an management However, substantial ,.*• will to outstanding. funds $10 Electric Inc., The change unissued sitated subsidiary, for $4,700,000 to What Cheer .Associates, Providence, R. I., subject to the approval, of the SEC. > . the - against 1950 "Deficit.—V. Oklahoma Gas & Electric Co.—Stock Split, etc.— - $10,513,407 $10,285,159 $58,259,838 $57,785,251 p..2222. New England The * railway from Net $96,301 income "Deficit—V. 1950 of in issue—V. railway oper. Net was , The the from 1949 - railway railway______ from ry * regulatory commissions.—V. 173, p. 9. Period End. Dec. 31— Rys. .Co., from $92,187 Income Arrangements 172, December 2128. p. from Ry.—Earnings— 1950 $72,420 from Net Light Neisner Brothers, Inc.—December Sales Up 2.26%— —V. of income— oper. Gross the reorganization Salt at and finally, if any proceeds remain, to the hearing, which has been scheduled for Jan. 12, Bank of Utah, N.- A., Salt Lake City, will hold deposited. under oper. Net company's Texoma Na¬ Peoples Gas Nebraska Iowa, issue the Peoples Commission structure as will exchange exchange The Illinois. Natural stock Texoma cancelled. In points merger, capital stock of this Natural various to To 1950—12 Mos.—1949 chain for other improvements. Of the total, $14,195,000 i» 195L—V. 171vP, 1787. . a railway railway from Net 105. knd Texoma operate, under common management, integrated natural-gas transmission system and transport gas from an Texas, 1195. p. Penney 1950 five years .for liquidated. ' indebtedness of from Net this affiliate, retired were railway railway 172, Gas creditors Pending November— America—Acquisition— Dec. facilities the 170, Pennsylvania Reading Seashore From Jan. 1— •Natural Gas Pipeline Co. of stock 2382. p. November— been stockholders to 9.662286 Hogan Co. " : • Oct. of of Oklahoma City-Ada-Atoka The of and the rebuilding of eight investment cost will be amortized The funds enlargement Mich., about the by .certificates of First the company annually. furnace, its commence parent increase 5,200,000 blast year per Rouge, Ecorse, subsidiary, a program by at coke Corp., 480,000 of Acquisition.—, Petroleum Hogan ; consummated organisation, Corp.—Subsidiary Plans Expansion— Lakes Co. further plan of .reorganization which contemplates .the public sale-of all property to the highest bidder for not less than $115,000 or such other amount as shall be determined by the Court as the fair upset price. The/proceeds would bp. distributed in payment of costs of re¬ ^ - 172, from from and leasehold sinking fund bonds. participate therein. The plan required the deposit of a of $85,000, but only approximately $60,000 was deposited. Pursuant to the order of the Court, the company has filed early con¬ the recovery Delaware, Inc.—Sales— •; $3,806,031-; ... National Steel The Trust & offer, on 47,767 Kitt'leV'-President,- stockholders. a was the 2222. p. P.-H. 2482. \ 1950—Month—1949: ______ 173, p. 8. Nev., s increased Ohie Copper Company of Utah,—New Plan Proposed— v% plans company Henderson, 2222. p. this has railway $83,048,783 $63,198,831 $85,172,781 $78,862,175 railway— 11,823,114 11,524,964 15,970,279 10.069,773 oper. income— 4,071,948 5,386,469 7,002,496 3,597,480 ry. 142 not that it from 1 stock $2,000,000 a Co. of that contemplated increased ' National Lead €«.—To Build New Plant—c It Bank exchange Petroleum for plan, confirmed V National company's Hogan stockholders action that from Net 3,197,234 136,236,792 railway oper. The price 1438. V. distribution by 44%.— Pennsylvania RR.—Earnings— This National Fidelity Life Insurance Co.—Stock Dividend < the in 172, p. 2128. stock of net? countries, bringing brought the Division's 1950—Month—1949 stores ago.—V. bonds Gross 1947 $12,616,572 $15 ,300,380 $14,590,593 4,886,492 transatlantic seven From Jan. 1— 1948% 1949 Oceanic Oil Co.—Proposed - options at reported Oils.—V. November— Gross Ry.—Earnings— 1950 in aircraft is $147,036,674 $132,556,149 $949,729,400 $880,200,216 1,612 provisions Net appointed trustee for first mortgage two least Jan. on the There President, who agreed 11,535 of 1,375,917 30.- options American's cities The 8,029,319 1,571.434 726,898 railway from from ry. and excluding the at company permit ,purchase of stock Pan company 011 Dec. 1, 1950 redeemed all Its outstanding $1,250,000 mortgage 3%% bonds, due Feb. 1, 1953 at 101% and accrued interest. The company informed the New York Stock Exchange that the redemption was completed at a cost of $1,282,291. ' The issue originally amounted to $3,250,000. It was sold in 1940 t<v the Equitable Life Assurance Society of the United States. An additional $400,000 , restricted to new ACA's Penney Co.—December Sales 7.9% Higher— year Net 1,901,167 railway oper. Net The approved were expanded tremendously Overseas Airlines in September. The first 307,532 / a 1949. services ) income from Net Options Approved— directors to a Gross 1948 $968,484 22,500 in trans¬ 62,000 showed Leases, Inc., to 100% from 70% through Indirectly, this means that the company's Western From Jan. 1— 1949 $753,269 1950 to also Pennsylvania-Dixie Cement Corp.—Redeems Bonds— ; Net 2222. p. 69,500 high of record con¬ (The) Northgate Co.—Trustee Appointed— years Pan „ fund others 10 compared the 89,500,000 From Jan. 1— 1951, included), for the close will increase as was miles including previous it India, 1939, and about Buffalo, hydro-electric generating capacity and contracts—all totaling about 2,862,000 purchased railway— railway from (the of November— agreed to remain with the company until at least Jan. 5, 1952. The corporation showed a profit of $558,270 for the fiscal year ended July of railway. 173, p. 9. 15, employes three .%%!.'■■■% oper. for 20% station at Buffalo in East Oil Corp., Pan Western Oils, Ltd., and Manabi Inc., has also been increased. The Peninsula. Oil 70% of Albercan, 35% of Manabi Explorations Co., were Net 16-year who last ry. One price of a the past. Albercan of There projected, the Niagara Mohawk's system 1,617,000 kilowatts of steam-electric generating kilowatts from Jan. granted two-year restricted common to have Oil shares. Sales being about railway from 1,000.'-" stockholders of to formulate not at Southern Ry.—Earnings— oper. Net etc.— dividend in the company's 29,- 1944, April did and construction these Norfolk & Western Two stock dividends station Albany, N. Y. They are will cost a total of about 1950, the From Jan. 1— Gross 25 1953 kilowatts Net 15. was The 1946. Jan. under of those and in November— ; /. on addition Norfolk to pay a 25-cent dividend on the The payment will be the first cash history. 1953 added to the now 1,100,000 145,000 1950 year National Airlines, Inc.—To Pay Cash Dividend, Jan. 5 voted station will have are 141,310,517 close % on in Huntley at capacity of that plant to 240,000 kilowatts. Net The directors operation units to be the 30% 1,607 R. station system's kilowatts of capacity.—V. 172, 150,507,467 at the 2222. p. President. Charles the 80,000 announced was - new With 1950—12 Mos.—1949 24,227,406 operation in additional capacity of that plant to 785,000 kilowatts. The unit to be added the to 1930. p. 1950—Month—1949 27,054,725 There to the into go capacity, 1951 6, 5 as added to one to two rated stockholders • Sales be to and three of million kilowatts to the system's generating capacity since World War II, Mr. Machold stated. (G. C.) Murphy Co.—December Sales 11.67% Higher— Period End. Dec. 31— construction By 1953, Niagara Mohawk's expansion program will have added about undis¬ par of issuable the special start generating units immediately, it one converted in of holds (J. C.) Three $37,000,000. shares shaie. per will by Earle J. Machold, are Y„ scheduled the Stockholders . 8 Two N. con-! plan are 91,797 shares of preferred stock of an aggregate par value of $1,835,940 and 68,848 shares of common stock. The plan represents a change from that originally contemplated, reflecting among other things the intervening payment of a Vassar dividend of Jan. on Rut- a Construct Corp.—To • 1950 December Peninsula Per. End. Dec. 31— corporation kilowatt steam-electric through George available as stockholders to preferred stock and stock. The total shares common its contemplated Vassar 5V4% wear selling is will foundation of exchange Leases New Units— The women's Division. each will It of sells "Vassarette," name outstanding and Vassar and Munsingwear, presented presently of trade President the to manufactures organization. present sultant of the division separate its which under Power in route-miles in company holdings an and Railway Co. above. Mohawk Middle p nes and increased transatlantic capacity g interest International .-Niagara a Munsingwear, 2,502 Explorations corporation. ments 2382. ; p. to acquisition of American The $ 136,783,109 Niagara Frontier Transit System, Inc.- -Successor, etc. will vote upon 30 Vassar Co. and company Jan. on $ 145,670,547 corporation Pancoastal Oil Co., €. A.—Increases Investment— 1950—12 Mos.—1949 24,484,452 Dakota 172, p. 2222. Munsingwear, Inc.—Plans The stockholders 1949 1950—Month 26,684,551 ' started was Traffic— this Bermuda Clipper travel comprising airways to total mileage to 21,451. 173° the during compared work the and passengers as increase—46,500 the of 363,000,000 passenger 13,200,000 plane-miles. 193,000 added Clippers the service Africa, <furi",Americ1a,/s transatlantic the merger the estimated and travelers with 9.0%— $ ' - oversubscribed was an carried Europe, )" }**] and 61,400 in 1949. maiked V A —V.; 172, North offering Period End. Dec. 31— Sales of incorporation. The issuance has been approved by the Wyoming and S. by The December Sales Increased reclassify 100,006 shares of 4.20% series preferred stock into 100,000- shares of 4.50% series preferred stock. To effect the reclassification, the company will issue 100,000 shares P. Jan. 8 by Merrill Lynch, Pierce, Fenner & on books closed. company to of stock (no common after the close of the New York Stock Beane at $42 per share, with a dealer's discount of $1.25 per . made was to ton-miles cargo since year 8. service flew atlantic sec¬ any Jan. on its It 150,419,553 1,169,533,727 1,107,419,519 Montour RR.—Note Authorized— The than division 2482. p. (J. J.) Newberry Co.—Secondary Distribution—A , In appointed 2222. p. Airways, Inc.—Record P®op*e ^ew the Atlantic in In 1950 disclosed Corp.—Transfer Agent— Co. registrar and $10).—V. (par working capital.—V. 172, p. 1138. 2,811,581 2222. p. has sold $1,000,000 of subordin¬ /s % notes, due 1963, to Prudential Life Insurance America for $1,017,329. The proceeds are being of 6,835,515 2,516,529 oper. 172, 2221. Co used for railway.. railway...— from Net 3,909,960 1,418,647 403,100 from Gross V?t^1^The corP°ration ated 3 from Net from Net ry. —V. railway oper. 172, p. 7,768,757 railway — Income— 2383. 1,786,676 1,274,410 6,756.351 1,403,544 1,040,151 -. C (204) 2 The Commercial and Financial Chronicle > . ' ' 1951 Monday, January 15, . ' - Radio-Keith-Orpheum Corp.—Exchange of Stock— Pursuant to plan St. Louis Southwestern of reorganization effected Dec, 31, 1950, each $1 par common stock of this corporation is exchangeable at Bankers Trust Co., New York, for one share of RKO Pictures Corp. common stock, par $1, and one share of RKO Theatres Corp. common shore a Period End. Nov. 30— of stock, $1.—V par 172, p. Railway oper. Railway oper. State, 2027. RCA East Jan. of branch a 42nd St., office New the in United new York, by this corporation by H. C. Ingles, President.—V. 173, p. 106. 9 The Bankers agent Nations was building announced ry. (which, see 33,305,162 35,275,847 As 5,970,266 1,373,336 1,369,494 29,020 $930,301 with Chase has been stock, $1 par value.—V. common 1 Bank appointed transfer 2,703,091 income $681,354 $1,218,029 $10,619,532 $£,155,393 agent of the income.. 27,502 30,886 296,424 307,191 The 172, p. 2128. Deduct, from ine, record 105,175 —V. 172, 153,333 1,414,215 $9,503,791 additional share of at to announced price a be stock common later. $10) (par for each share The 1951 held,, which (& Net time bonds have not applied to which it within and notes the for ICC sell may exchangeable extension the to in Dec. 31, 1950—Month—1949 $ 1950 1949 Sales $3,917,953 $1,964,681 —V. 7,872 $ 172, 2224. p. . $ •Cost income of goods trative $3,925,825 sold, including and general Canadian selling, Arrangements adminis e:<penses____ and to $2,500,000 Adjustment Net for 3,544,535 2,026,938 income—estim 183,285 8,676 exchange__„__„__ Cr40,685 90-day last, Federal no $238,690 —V. 173, taxes Canadian on _____ profit.;____l_______;_j,___________i_______ •Loss.—V. 171,. p, The X' ' r •$63,498 been notes from made arrangement notes or term on had money to & Coal Co.—Debt Stock and Period End. Dec. 31— Retail 1 The stockholders on Nov. 11 voted to increase indebtedness by $2,500,000 to $5,373,500 and the* authorized i common stock from f,hares.—V. 172, p. Rose's 5, 10 & 25-Cent v.Period End. Dec. 31— 432 is 172, Stores, Inc.—Sales— $4,215,627 this total 49,950.000 vately with investors at issue new $3,818,331 3.1/2% holders of to debentures either of guilders had price of a amounts and Dec. 21 for vertible into these issues payment Jan. 15 shares common against one ■' v From Jan. 1— guilders to December, placed 290, and Schiff Shoe The convertible loans. or share bonds notes to will be ";i v' con¬ 2,900 guilders, nominal of new of 1,000 guilders, nominal.— Rent Stores, Gallenkamp Stores Co. Inc.; 9 of to place the semi-annual a Net stock as tests, to purchase 172, on equipment and fcr $501,883 30,156 mature •13,748 •21,967 •43,870 5,214,081 5,032,148 5,826,942 5,317,974 376,773 137,574 602,159 *53,478 See •171,755 •397,841 Hayes (Alexander) William F. Greenville, 44,193 65,819 cost •554,928 1, 1953; $330,000 of $92 000 of $196,000 3% notes notes notes 2%% of 2Va% C, Oct. has : President, agreed designed to to overnead See also V. 172, the company's •" expenses. Profit before income the City income tax"s_._^._._i_. • Net profit to Preferred dividends per from et ry. railway.IX railway 1947 $1,535,171 $1,460,881 485,523 $1,246,029 352,928 430,017 441,027 - —V. Ry.—Earnings— $1,473,728 _____ income.. oper. 188,038 350,394 14,188,566 2.384,482 6,781,487 1,907,093 4,161,339 " 258;679 308,548 19,494,220' • 15,567,818 From Jan. 1— from railway... et from-railway...!. .13,908,484 2,809,959 et ry. income.. 1,422,024 oner, 172, . ) 167, 4,300,728 2,213,413 $6,439,962 $4,949,707 364,470 4,659,661 3,878,136 Cr25 Cr 150 80,565 58,842 813,320 483,683 $112,206 .... $76,334 $967,131 $587,888 86,160 57,525 726.478 v 1950—Month—1949 oper. V ■ revenues taxes after $ rev.. 26,048,081 _ shares 1950 172, ! " 1949 $9,182,522 1948 273,976,286 238,162,353 17,847,589 208,785,907 193,181,416 2,329,585 36,101,436 2,254,570 29,088,943 19,733,906 2,442,231 1,874,173 23,728,632 14,601,830 1950—Month—1949 $342,460 19,433 150,090 45,740 $6.07 $ 17,477,087 1,375,767 1,061,394 709,988 » with (less 1948 $3,009,436 200.000 2,706,442 $15.94 of taxes. -tExclusive for involving will Chairman, i the on —V. and effect 172,. p. authorizing fture, near the of new subscription unsold balance the of lecently 2,281,256 200,000 $13.53 _ Federal of realized $11.40 , gain income~ tax sale of in on an thereon) $110,209. 11, filing the of enacted tax 97,687,329 172, 330. p. t by North American Solvay Inc.— • ... - Period End, Nov, 30— EARNINGS Period End. Nov. 30 102,868,088 '20,118,267 18,832.642 93,,951,275 10,417,257 9 ,034,954 9,139,310. OF •*" . 1950—11 Mos. —1349 $ $ """otal oper. revenue..1. 10.865,022 f etal oper. expenses... 7,839,442 C'.tal 9,822,046 7,512,393 income 1,5877534 1,246,144 rfiiance- after and - V. ... fxd. 1,075.236 103 782,557 83 032,695 81,376,662 14,400,398 743,817 ,/ 1950—Month—1949 Oil Co. of New Net oper. Net after —V. 172, $0.4574 for 173, p. —4 Weeks Ended Dec. 30, Tiimestic sales Canadian Domestic 94,335.036 sales stores "" th if 2,042 1950 a 50 Dec, 31, '49 year numbered 9,107,586 in operation eainier. 131 at 82,569,155 1,100,931.153 7,760,672 Dec. Canadian against 135.—V. 108,526,042 30, 1950 stores in 172, p. were 1,946 operation 2383. 98,00i;6l6 at compared the $ legislation each shares record at 21.471,456 259,907,423 227,557,262 15,893,178 188,253,282 173,776,199 2,881,088 38,843,790 share Jan. 32,810,351 Net ry. railway railway—..,.- from Gross l/200th for each Stockholders also new 10 2,293,296 28,250,285 20,595,327 * of share, a it 9 approved be for It to is end It to expected subscribe about under Jan. is for the that the subscribe 155,546 subscription Jan. 30, 1951, by in the the that new last 1949 1948 1947 $227,757 $288,590 $258,651 6,259 24,565 *11,987 *50,224 43,083 2,643.663 2,579.900 from ry. 43,204 income- oper. *32,644 ' . railway railway. 172, ' • ' 3,310,829 *62,702 i." • r - 2,957.104 25,370 *477,928 199,993 84,303 *50,054 *445,096 *570,015 2224. p. Bros. Stores, Inc.—Dec. Sales Off 16.6%— Period End. Dec. 31— Sales 1950—Month—1949 —— —V. 172, $ $1,285,209 1950—10 Mos.—1949 $ $ $1,542,088 $12,586,375 $11,388,783 2224 p. Superior Oil Co., Los Angeles—Earnings— 3 Months Ended Nov. 30— t Gross operating subscribe if any, for not additional stock will be fixed by shares purchased by the stock subscription will Operating the other • be entitled directors be warrants mailed on or on about Feb. & income — geological, administrative expenses . 4,435,982 4,044,436 $10,650,137 ; income 1950 1949 $15,085,119 $12,336,305 geophysical,. $8,341,869 197,240 256,430 $10,847,377 , rights 1 income $8,598,293 provisions losses of for depletion, subsidiaries, and Fed. depreciation, income taxes 7.216,880 6,767,246 $3,630,497 $1,831,053 $8.58 $4.33 or Net evidencing . Intangible development expenditures, lease rent¬ als and abandonments, interest on debentures, and will and. general Miscellaneous Total to income-—1 operating, one held. entitled initial subscription privilege. the price at which stockholders new additional stockholders ratio of ... expected to of rata on 23. also offering an pro subject to allotment out of the shares, stockholders announced was •LOSI income- oper. taxes, Co.—Financing Schedule— business shares will plan. $270,514 . from •Deficit.—V. 25,223.382 $7.50) close of the on 28,557,681 2,697,190 2,943,813' (par the the the 1950 lrom Net Sterchi 2224. on of consultants Staten Island Rapid Transit Ry.—Earnings— • $ 3,322,217 charges p. directors common 1 094 387 035 4,084,937 income___. Southern Natural Gas of —52 Weeks Ended—Dec. 30, '50 Dec. 31, '49 25,011,424 17,604,270 tax permit 1950—11 Mos.—1949 21,571,340 260,883,476 228,502,516 99,884 976,053 945,254 67,747 . to 10. November— Production!, The Period rev,_ the December call Jersey—Scrip Certificates— $ 5,135,120 Safeway Stores, Inc.—December Sales Higher— oper. Co.—Earnings— $ 20,079,171 ____ Operating revenues Operating expenses Operating taxes 1G 603,942 3,787,027 2383. p. Uncollectible $ 108,933,452 chgs. contlng., etc 172, ,090,771 SYSTEM 1950—Month—1949 $ 19 revenues plan, of compliance their the 1440. Standard Net Operating 100,000 ' Net Southern Bell Telephone & Telegraph $ from The price. the for at to the studies of plan subject From Jan. 1— owned 30, v - stock is common 14,370 than Formulated— a act company Jan. on of more stock plan ap¬ 100.OOO share*; except of formulated holding recessed without in the a the tentatively the not the-employees' offering determine offering an numbering Electric Co.—Plan having -provisions of met approved in an oilering represents 172, p. 2129. directors conclusion, ' 1950 employees contained $2,569,365 197,445 provision as 1949. company meeting, Gross and expenses 30, 26, certain stock the rate-of 1949 share_'___ pfd. the week.—V. 1950 From Jan. 1— Cross 132,866,274 Capital stock scrip certificates, series E, may be redeemed up to and including Dec. 31, 1954. at Guaranty Trust Co. of New York, at the $3,492,626 t3,146,753 pfd. shares per •After 1, 063,886 railway..,. 102,673,283 et frc-m railway——_ 25,251,093 et ry. oyer, income... 12,760,170 2,685,165 $ 143,431,523 Sons—Offering to Employees- Oct. on to terms same Nov. present $7.06 7; ordinary' income. investments 2, 147,327 railway.!— $10,165,087 railway...... income— oyer, 25,247,037 1950—12 Mos—1949 $ 17,222.008 Squibb & shares shares.—V. i 45,740 ■; .• T interest received and Earnings $9, 245,655 1,608,638 from ry. /' • 2224. p. the that 210,000 1947 $9,340,942 freni Ket i.efc *$ r 2,913,348 sales directors proved ' 19,488 outstanding ' -The upon 552,460 Solvay American Corp.—Earnings— •Net V. 2,028.659 Cdoss ; 3,619,371 " Novemb: / * 2383. p. net The 160,090 share common NOTE—The -Earnings— $ - 22,431,744 19,515,362 charges 172, •• 22,513,085 274,884,850 233,078,001 81,341 908,564 915,642 47,755 ______ .Standard Gas & $296,967 X:.~—.7,7 Nine Mos. Ended Dec. 31— Dividends amount St. Louis-San Francisco Ry. 382.084J ' 1950—11 Mos.—1949 $ 26,095,836 income ' (e. R.) - -1949 $6,365,875 200,000 paid______ paid 474. p* Number of $4 2223. p. $499,646 477,406 __ • common and. financed 496,967 . ________ capital et $670,152 $4,971,207! 21,500 , of plant foot 1950 taxcc...— Federal Earnings ; 28,850 charges Net oper. Net :, .7 7.' .' Federal for dividends Cioss" from '* 3,500 prop •• —V. $3,673,266 Common .• > 1950—11 Mos.—1949 2,725 ... Co.—Earnings- / . t Common 1948 15-month period ' $9,050,000.—"V. 172.. $6,468,812 $ < sales Provision 1, 1956 to Oct. 1, 1960: $164,000 3V¬es April l, 1961 to Oct. 1, 1962; $219,000 of 314 notes \ 1963 to April 1, 1965; and $399,000 of 3%% due Oct. 1 1965 also V. 173, p. 107. 1949 and' $503,146 • Period End. Nov. 30— Consol. that square specifications "■1 ■ Smith Agricultural Chemical See 1950 1 funds construction the for 1950—Month—1949 rev._ income . after Operating 481. p. 600,000 a 172/p. 2483. April 1, November— expenditures its Spiegel, Inc.—December Sales Slightly Off— recently. stated build Year Ended Oct. 31— Net Oct. St. Louis, Brownsville & Mexieo with the. general Southwestern Bell Telephone Co.—Earnings— , Smith & Sons Carpet Co.—New Plant—"* Ewing, Miss, $4,000,000 300. serially April 1 1, 1953 to April connection to $672,877 Operating revenues Operating expenses by the city through the sale of a bond issue. Construction.'is scheduled to begin in the Spring of this year. Mr. Ewing said the company will spend about $3,000,000 to equip the new mill which will employ about ;5'" follows: added be "Subscriber-Vision" > general above.—V. 155i, at 2 p.ml 26, • will approximately ,;'X /-■. taxes oper. .•:.v. .. Manufacturing Corp. Feb. new (subject ' J 2128. as oper. 17,336 - 1947 in Of¬ Skyline Corp.—Kirby. Sells Stock Interest— $473,031 35,465 3,228 1948. "• - expire one subscription 1 aggregate Period End. Dec. 31— , will of shares The quarterly a Corp.—Stock for completion of 2483. p. basis com¬ company has been granted increased rates, effective Jan. 1, in of its exchanges which are located in Oklahoma. The increase, estimated to add $81,000 to annual local servicerevenues, was based on the number of telephones in service at the end of 1949.—V. 172, p. 2224. heretofore. fered—d'Avigdor Company, New York City, is offering 40,000 shares of common*stock (par. 10 cents) at $2.87¥2 per share. This represents the unsold portion of the original offering of 275,000 shares made in November, 1949, at $1 per share, , • - —V. the 00 additional stockholders., by This —V. i subscription those basis Television & plus SEC the stock. ior 1951, sale Estimated 1951, oper, Uncollectible Electrohics i - Gallenkamp Quarterly Dividend Basis— ? on voted instead Net - 2383. p. of Operating Retail units operated of Shoe The net proceeds are to be used College, Sinsinawa, Wis.—Further Data— April *, 1956; —/. figures. those Block Co.—V,,: 172, 25. held, offer used Operating revenues Operating expenses . against initial s The opened were debentures new Jan. on basis Skiatron 100,000,000 3 V2 % 1949 ' p. The stock and 31, • '. ■ stock other by involved. the revenues Operating . j numbered 440 $1,400,000 of direct The ' 1950, include arc the 1950—12 Mos.—1949 - pri¬ $442,898 ,' 172, is program. Dec. Uncollectible quarterly payment of 75 cents per share has been de-v clared, payable March 5, 1951 to stockholders of record Jan, 23, 1951. —V, 172, p. 1674. obligation notes, which were recently placed privately, are dated Sept, l, 1950 and are unconditionally guaranteed Ij Rosary College, River Forest, 111.; Bethlehem Academy, Faribault, >«lnn.; and Trinity High School, River Forest, 111.; all subsidiary cor¬ porations of Congregation of the Most Holy Rosary, Mother House,'" .Sinsinawa, Wis...- •' ■>; J1 •. Cross 1949, subsidiaries directors An exchange their hold- remaining any 101. at v . from St. Clara been 1950 railway Net from railway. Let ry. oper. income___ 01 Co.; Hie $462,482 from •Deficit.—V. already ■*:'■ for at common railway.!— 1- et from railway __u Net ry. oyer. income-;,! 1952 of above share per represents Southwestern Associated Telephone Co.—Earnings— Earnings— " November— The end the in and 31, said. $5,425,490 $43,454,052 $38,464;467 December, $2.50 a on ? ' • common the Jan. then .... during have been included cash, dividend '. Rutland RR.- Cross operated Skelly Oil Co.—Stock Financing, etc.— entitled were V. 171, p. 2404. Cross the 101. 100,050,000 i igs at, par for the' new issue, The cash subscription lists cebentures Dee. firm eailier. year Stores $19,548,207 $17,605,581 200,050,000 guilders of V/z% The company had outstanding debentures, due in 15 years. uilders a Consolidated company, it was recently reported, offered its bondholders new convertible debentures in place of present holdings in order to allow them' an opportunity to convert their holdings into common shares. This was part of a plan to issue 250,000,000 guilders of new deben- ; to credit,- the record shares par offer 1675. p. (& Subs.)—Sales Up 28.78 %%■•/ $6,987,128 units 1949 at 1950—12 Mos.—1949 Royal Dutch Petroleum Co.—New .The Up betterment up either on 1 • stock registration statement with a $1 to acquired of company , 2283. p. Of 1955. the of share. per proceeds ending ■ made comparative purposes, sales of Gallenkamp Stores Co. (acquired by Shoe Corp. of America as of July 1, 1950) for the last six months The l «res. borrow ■ $16 of ten not underwriting of For 1348, 1950—Month—1949 ________ —V. be shares proposes each Operating 1950—-Month—1949 sales... Retail . of Sales to notes, due Dec. 31, drawn against the been to Dertoit. : common filed 8 Period End. Nov. 30— Pittsburgh - 750,000 of loans 150,469 for Jan. on stockholders price No 1672. Increased— 400,003 to corporation Bank for the ; common of on stockholders to 13 Union Gas Co.—Registers With SEC— allotment) 10. p. Shoe Corp. of America Rochester this by National provides ; places dividend March with company share •' •' •• 334,867,966 284,052,936 2,482,378,872 2,135,239,964 vn- •'•/;?* 7. ' >" X -■*??' V have on credit loans / quarterly previously,173, p. 10, company The mon ;V Shelier Manufacturing Corp.—Bank Credit Arranged— $1,972,116 the payable 1. connection Net Total bank repay to The 17.9%— « raised 9 share, • 173, p. .107. ■1950—11 Mos.—1949 $ March Southern plan 7,435 income J and bonds properties. compared with $2.30 increase in six months.—V, covering -Earnings— a of respect "reorganization Co.—December Sales Incr. & data discuss to prospectus. of the the 000 securities under yet been deposited for exchange.—V. Period End. Dec. 31— Subs.) sales-; Other the Sears, Roebuck . Robbins & Myers, Ine. recently company of $816,400 and the recent merger of Dancigar Oil & Refining authorized ccmmon stock (par $1) was increased from 1,500,1,650,000 shares, in addition to 65,000 shares of 4%~ cumulative1 preferred stock (par $25). See also V. 172, pp. 1334 and 2129. Seaboard Airline RR.—Seeks Extension— addition, stockholders will also be entitled to make additional subscriptions to such shares as shall have been unsubscribed for, subject to allotment. Rights are to expire -on Feb. 2, 1951. See also V. 173, p. 9. Tnree Months Ended Nov. 30— In - Co., In 19 Jan. on statement Southern Production Co., Inc.—Stock Increased- 2223. p. statement Subject to prior effectiveness of a registration under the Securities Act of 1933, the common stockholders of record Jan. 11, 1951, in Boston, Mass., or such later date on which such registration statement becomei effective, will be offered the right to purchase one York New rate, second $7,761,443 Jan. declaration 1,702,741 $1,092,578 on cents 62 V2 on This $3,464,154 $10,918,006 $603,681 gross income Net Railway & Light Securities Co.—Rights— $1,248,915 to directors to annual $708,856 in to use proceeds from sale finance construction and to for additions already made to stock Gross income : bidders registratitfh stock 2,712,701 Non-operating Bank as Again Raises Common Dividend— 289,393 Trust National expire oU will warrants the plans company arranged $1,507,422 $13,322,672 $11,869,694 248,943 oper. that and 30 ccmmon Corp. ' The prospective in the The oper. _____________ ry. Jan its part of contained $1,493,304 $12,988,340 $11,556,621 14,118 333,833 311,073 1 Net record forthcoming financing program the company plans to advertise for bids next Wednesday, Jan. 17, on its $17,500,000 of new 2C-year first mortgage pipeline bonds. Bids are t!o be opened in the forenoon of Tuesday, Jan. 23. Officers of the company will meet 1,262,001 8,438,261 125,081 $901,281 income 1,291,401 874,934 129,216 income ry. 114,109 1,577,163 . oper. Income from income the Pictures taxes oper. ry. Deduct, Corp.—Registrar, Etc.— 2,923,620 of 16. Subscription agent for the stock offering is Central Hanover Trust Co., 70 Broadway, New York 15, N. Y. city taxes oper. Feb. 1950—11 Mos.—1949 $5,531,048 $57,427,000 $55,436,229 149,763 Railway Other on Co., New York, has been appointed distribution plan of reorganization of Radio-Keith-Orpheum Corp. above) and sole registrar for the common stock of RKO under 3,020,886 income Total RKO Pictures expenses and Other Federal Communications, Inc.—Opens Branch Office— Opening $5,778,309 taxes Federal on revenues country stockholders Ry.—Earnings- 1950—Month—1949 to Net —V. income income 172, p. for ner 575. the period share Volume 173 Number 4977 . . The Commercial and Financial' Chronicle . 9 (205) Tele-Tone Radio Corp. Moves — Jersey—To Spend $1,000,000 for This corporation, turing companies in York was City Tele-Tone, to Jan. cn which the 9 Bayway owners for to of a about working is area, television moving plant, which has been eight years with option to of and its $40,000,000 worth the move, effective Terminal men and women at capacity. Its The entire of N. radios Jan. 250.000 it and The from will 167, Tennessee, Alabama B. & President as the \ H. P. ■ f . i , \ + . The SEC has the are by Central November— /, Gross from Net ry. Ry.—Earnings1950 * from, railway. Net sified $409,747 . $368,677--' 1947 $397,692 35,024 26,282 50,268 *24,469 ' Gross from Net railway-— railway—— from ry. 'Deficit.—V. i 172, Federal ' ' . Court 4,359,921 3,814,209 864,495 650,330 346,471 478,626 342,158 42,917 their accordance in *158,218 bonds or on under A before or June be or 29, plan and to Tennessee Gas Transmission This company Jan. on 8 filed Co.—Plans an application Expansion with the Dividend Federal Co, Tennessee loop line; receiving stations; miscellaneous lateral along Texas to lines. Tennessee's Kentucky. About 186 existing miles main Forty-three of line miles of at the the loop various loop company's Buffalo extension. Estimated cost of the * the would in part to loans.—V, out be of funds financed 172, Federal points would by Net plan fi¬ for R. W. Purcell, that Chairman the of sale the Pathe Industries. Dec, on inside does not Terminal cover ^--<'dirig 172, ine or Mexican Gross Net from fiom •Net ry.- railway—— 1949 See ' $298,431 112,724 income.— ( . 62,144 1 1. ; 4,057 2,690,163 1,022,419 442,079 295,904 576,180 . railway railway.—— 3,097,351 2,822,219 1,372,032- income— —V, 563,444 oper. 172, 2225. p. The & stock follows: as Columbia Gas amounted The Gas System, ... Gross Net Net ■' from from ry. 1950 railway dividends ' 1948 1947 tax, 3,537,319 Electric System Co.—Costa announced.^-V. above.—V. 163, Aug. 1,025,277 1,508,333 1,283,299 —V. Gross from railway..__ railway from Net ry. f^-V. 28,418,913 32,751,249 income.11,602,806 0per. 103.784.649 but should 11,494,788 13,651,792 13,163,654 10-\779.537 be 2129. p. orders p.'1292, <*•..- " & of as Nov. Year Ended Oct. 31— Ry.—Earnings— Net railway.. railway... from Net 1950 lrom 1950 railway operating 34,072 27,809 17,958 income Assets railway Net from railway. Net railway operating income —V. 172, p. 2129. 1,116,727 ,as 841,803 756,396 ... 446,293 356,304 a & Pacific Offered—Halsey, Jan. 12 . ... Stuart & Co. Trust Jan. Other Inc. and associates 11 First its bid on for the Boston r.l'.."' rate 1949 $2,112,443 ;of certificates, -They to v A. subject are cost, not Other G. and to secured and Harris, less than members Becker & under approval new of Co. Hall & & SEC Co. the of Philadelphia Interstate offering Plan, certain proceeds (Inc.;, Commerce are Royalty Corp. income iProv. before for — (& Federal & are Co.; 173, p. R. Win. W. E. Net profit Dividends & per —V. p. 173, ; known company :■ Jan. 4.575 shares to be used for approved a shares, effect filed 3 of a letter common stock officers, Dec. on of company proporal to no , change value, par the to split-up, which 2384. p. (par $1) at $162Vz per ; T proceeds are to be used for additional working purchase of materials, payment for labor, and the purposes. principal *■ business of the corporation and its sub¬ "Majestic" line of television re¬ radio and television cabinets, and of qualified js the to do business in the Stales of New f by shareholders the As " approved of $431,711 stock of no of of and in the with company 1,600,000 the of no shares of $1 par for Ashbach Majestic in th"' assign! 1 an exchange Television, Inc., Leonard value par meeting, with stock common 500,000 shares oh stockholders' same value par together to: May Radio Dec. Net 5% value the entire . Corp., GIVING EFFECT TO due to general FINANCING Outstanding due — funded at 2%% PRESENT Authorized debentures 1965— amount $100,000 — $247,500 unsecured pursuant to decree court 749,330 — 74°;330 Common " stock ( $1 par value)—— 1,750,000 shs. 1,605,700 shs. Common ; stock (no par value) 1,600,000 shs. 1,600,000 shs. —V.'172, • . ? — 1676. p. . ■'» ' ■ " ■ -J " " ' ' ' • . 1 • r Corp. and Wifconsin Central Ry.—Deposits Extended— Michigan f The ICC notificat'on $1) company was $40 to with be and per general corporate purposes.-—V. bonds United 19. for 1946 to the to Dec. of the District dated Nov. 20, 1950.—V. New general interest of committee York 108; p. has mortgage been 4% ordered as Minnesota 173, the for termination, of - first the , mort¬ deposit date 1951.- of first payment for the extend 19, Co. Trust $14,765,000 for 1949, due 1950 States authorized 28 Court offered its Dec. agent the under V. 172, appointed bonds, by the Court p. due July S. U. Order paying 1," District No. 2384. 108 , . sub¬ share. 4% Nov. on The ' 170, p. 600. Wisconsin River Power Co.—New President— Inc. has New income taxes— — 108. ! for secured note a The Mutual Life $2,500,000 3%% due in 1960 was announced proceeds of the loans and to add to the $702,002 on Insurance interest Co. of bearing loan repayable in annual instal¬ Jan. loan will be used to d'scharge existing bank company's working funds.—V. 161, p. 1472. 39,300 $240,552 96.498 $0.35 $0.30 (F. W.) Sales —V. Period End. Dee. 31— 1950—Month—1949 $ 1 Sales —V. 172, p. — 2384. r 18,569,773 ^ appointed and R. R. Cole Wool worth Co.—December Sales— T-„ 172, President Mead, resigned.—V. 170, p. 1846. - 2384. p. 195C—Month—1949 - * • 1950—12 Mos.—1349 1*11,520,147 109,395,405 632,121,867 615,632,026' . Worcester County Electric Co.—New Addition— was $ 17,984,011 new capable 1950—12 Mos.—1949 $ company's new $9,000,000 addition to its Webster Street Statio-v in operation on Dec. 15. put The Walgreen Co<—December Sales Increased 3.3%— « recently was Period End. Dec. 31— The 87,767 Thiele elected director, both to succeed G. W. 4. 279,852 17,000 with The 1949 $753,471 $281,327 share York ments, it 1950 ——_ arranged F. $ 164,500,933 162,316,182 Also of 10-story repairs and equipment addition supplying included in the full a houses electric extension maintenance and • wef^ Radio and which Leonar ',. Electronics Corp. was merged into the Majesti-" 1950, and the latter acquired- all the stock of which now is a subsidiary of Wilcox-Gay Corp. 1, convertible 31, creditors, " were (par of 26 the 1974, and $6,113,Jan. 1, 2014.— two-for-or.e a stock common net CAPITALIZATION merged into a Limestone & Chemical Michigan as due 3,230,000 to Illinois. shares gage on 20 from each, manufacture stock. as Garod latter Cq.; 108. taxes and State common the & Sub.)—Earnings— , Earnings of 2484. p. Co. Pressorich Pollock , C 172, Ventures, Ltd. (Canada)—Loan Placed Privately—This company, which controls Falconbridge Nickel Mines, Ltd., in Canada, and other important mining operations, 298,327 — income Vice-President V. 1, bends pec. 30, 1950.—V. 172, corporate the of Nil < Commission. on Profit See authorized due Jan. . Steggall, 8. employees, including market price, which are num¬ 2384. refunding mortgage bondq used, in part, to redeem be income , B. Jan. has and to bonds - par.value.common.stock, firm 397,010 $0.56 being ' gioup Freeman Year Ended Nov. 30— ' Total covering accounts 172, p. Ashbach owned. iGarod 10. corporation sidiaries,' at Hutzler, standard-gauge railroad equipment estimated McMaster Hutchinson & Co.—V. Toklan on transferred W. the $5,383,162. the Inc.; Bros. $1 capital ' Vapor Heating Corp., Chicago, 111.—Files With SEC— p unchanged . issued by 1949 Dec, $25 ;; H. on 4% \Vz% stock par then 424.514 :— first ' approved from The wholesale 1949.—V. proceeds mortgage company and common $21,237,017 $20,029,532 134,913 *642,420 2, 1951, Pittsburgh Limestone Chemical Co., two subsidiaries, p. while '$ 125,432,000 units, Aug, 22, 1950, the articles of incorporation were amended by increasing the authorized capitalization to $2,181,711, represented by 1,750,000 share. $5,500,000. : — the mortgage capital is The As Subs.)—Earnings— Jan. 173, retail 263 • "i to Salomon were: 98.646, . The (& /. operating Co.—V. . of 98.389. same Corp.. 98.602. offered single on offered bidders 98.805; entity, & had ceivers, iradio-phonograph :sets, home-recording, units. The corporation was incorporated- in- Michigan on June 2, 1932. Its principal offices are located at Charlotte, Mich. ~ The company now also maintains offices and manufacturing facilities o? Garod Radio Corp; in Brooklyn,, N. Y.,, and maintains ail office in Chicago, United announced Limestone Certificates jj) '. United States Steel Co.—Merges Subsidiaries— Ry.—Equipment 1950—12 Mos.—1949 156,103,000 Trust Co., as trustee, is prepared to exchange and refunding mortgage 2% % bonds, series C, due for definitive bonds.—V. 172, p. 2225. J; general sidiaries business of Cyclotherm Corp., of Buffalo, N. Y., recently States Radiator Corp., will continue to operate by company, r' 209,807 $4,000,000 of series J 2Vs% equipment trust certificates maturing annually Feb. 1, 1952 to 1961, inclusive, at prices to yield from 1.80% to 2.50%, ac¬ cording to maturity. The group was awarded the issue on outstanding—class A share special Effective Texas first BUSINESS—The of excess 1950 172, p. 2130.; and acquired from airline. ' United States Radiator Corp.—Cyclotherm Continues— From Jan. 1— Gross commercial $ 14,468,000 Commission 3Va% new 1981, including 20-vear $53,729 61,560 to estab¬ $3,500,000 oldest Co.—To Redeem Bonds— 1 capital, r; $3,654,268 in were " shares 1949 $105,257 passengers. 1950 non-mali' (Mo.)—Sales Up 13.6%— : December Commerce PURPOSE—The York sales *Loss,—V. November— Gross 1950 625,000 total than more country's company RR. 500,000 shares of Sales Higher— profit after taxes———— per total general share. V. 1950 30, Net Earnings the preceding year, stockholders "on ether _r—— Northern in Western's WRcox-Gay Corp.—-Stock Offered—Gearhart; Kinnard Otis, Inc., and White & Co. on Jan. 9 publicly offered ,& 172, p. 2023. Common Texas approximately 1950—Month—1949 the the 1, 6,500,000 shares, became effective Exchange-.—V. 172, United States Leather Co. , 1949 over 1949, Weyerhaeuser Timber Co.—Split-Up Approved— ■ ■;. Net 172, of 1974, 1,600,000 31,979,133 V 8.404 579 of value 116,568,835 31,963,361 in Manufacturers 15, The From Jan. 1— Net December, the company 10. authorized 1035. p, ---------------- Unfilled , class Wheeling & Lake Erie Ry.—Definitive Bonds— Rican Loan— 172, Sales 3,031,985 of f Pacific $4.12 > Three Months Ended Nov. 30— ;,Wv: 2,732,111 1,278,942 Income— cper. 1949 3,299,031 for " 1950, Jan. temporary Co.—Control Sold— United Specialties Co.—December $11,643,344 $10,296,283 $11,510,539 $10,157,923 railway- high 16,431,000 general The f.... 111.; November— 46,416 Cincinnati to 2383.,': Texas & New Orleans RR.—Earnings— in increase carried passengers mark $22,000,000 of 173, p. Inc., $383,464, Co,, $454,476. $59,796,205, equal' to approximately 14,520,491 V2 .shares ol" common stock. New England of V. United Paramount Theatres, Inc.—Stock Options— p. 487* * Interstate issue the The 1,177,237 have company mature 300 $0.12 under stockholders on Dec. 15 approved a plan giving officials and key employees options to buy 250,000 shares of common stock. The option price on about 215,000 shares will be 95% of the market, value 'Of the common stock on Dec. 15, 1950, when the stock sold at a high of $17% and a low of $17% on the New York Stock • traiflc' m;nth Vice-President-sales, predicted s December $10,000,000 $1,777,849 $0.22 exchanged company has ..agreed to advance $2,000,000 to Central Bank Costa Rica to help finance this j'enr's Costa Rica coffee crop, it ■i 61,238 2,954,755 1,008,339 . , p. 2,084 shares of class share. Following the will company 995. top 1949's $8,943,613 by $263,030 >• 76,691 . Net "ry. to 1950 net asset value available for the common indicated market quotations for investments held upon recently of per year. all-time December, The ? 31, United Fruit was 1947 : " from from $3,124,94T ; securities on preference United Electric Rys. :r $8 has called for redemption on May 1, 1951, the $6,113,300. outstanding :general mortgage 4% % income bonds, series A, due Jan. 1, 2014 (convertible), at par and accrued interest. Conversion privilege expires at the close of business on April 30, 1951. 852,142 $237,267; railroad 1948 $264,450 $278,402 railway . Net 165,000 $2,629,991 subject„:i;to Federal income as a return, of capital.—V, 172, p. 2484. ^treated of From Jan, 1— Gross 201,000 $3,124,941 i \ company , also announced that Counsel have advised that the semi-annual dividends of 10 cents per share each paid on June 3D, 1950 and Dec. 18, 1950 should not be reported by stockholders as Ry.—Earnings— 1950 opsr. 455,937 ° The November— . on the „T__T— The 1537. p. ^ Texas share 166, of Stock— tenders 1932. Western t The buildings, •»*»«••• Tower.—V. Dec. date) ordinary ... transaction Electric Co., that M. Albert, Jack L. dispose of their stock be organized.—V. 172, to the estimated an 25-yea.v p. j from two company's Terminal Tower and adjacent buildings has been completed, and the final payment of $7,000,000 made. This was in addition to the initial down payment of $1.000,GOO previously made. ; V v The purchasers, Sixty Trust of Boston, the Textron pension trust, have acquired about 85% control of the group of buildings, which' include the Terminal Tower, the Midland and the Guildhall termin'al retirement "of Public Service Electric per 22 above other The tax)- —2——■ dividends & on . Inc., inc. share— and (based by still are i. including shares 422,193 Kelly, would 172; In 29,548 common.. common $1,075,207 NOTE—On accepted and • bered 2,599 against 2.407'in $3,334,727 539,736 dividends Gas re¬ bank Terminal Tower Co., Cleveland, O.—Sale Completed— \ per Tncludes stock announced - available for Earnings . through 6.510 —2'— — stock Government Century-Fox families companies ... record a for of an F; another Sales to along is $36,241,000, which would be resulting from operations, with the the sale of securities and Fed. income tax—___-i—- income Preference from be , 2384. p. Net be project nanced mainder show i ' 1949 —2—i": $3,781,878 Income deductions'(other-than is proposing to build a total of 253 miles approximately 61,000 horsepower in existing and to construct approximately 100 miles of the —2—-—1——2$3,775,368 *$3,305,179 income _ •• • new Western Auto Supply Co. 172, p; 1835. 1950 with Period End. Dec. 31— dividends any to up reported total a revenue lish —V. :■ V ... Total 2u— company install to compressor located Interest Equitable ' '.v: ■ ■ . The of income Twentieth of) their the tendered ' (Del.)—Earnings Rise— Years Ended Dec. 31— ; " Power Commission for authorization to construct pipeline facilities designed to increase the design delivery capacity of its transmission system by about 45 million cubic feet of natural gas per day, to be delivered to Iroquois Gas Corp., United Natural Gas Co. and Gas 12 With > United Corp. also of December -passengers records , 1959 Jan. revenue 1939, to company in participating the from stock of the.company which may have accrued.—V. any up produc¬ Western Air Lines, Inc.—Sees Record Year— v l barred from split Department. requires that Harry outstanding.—V. Closing diver¬ > 1951 forever and satisfied Corp.—Accepts Tenders the of shares . Co.—Unexchanged Bonds— the-said have *■ purchase at with;,the said-plan distribution to new Justice members company in stock, at. prices A Wilmington, Del., on Nov. 29 ordered the collateral trusty bonds of United Brick Corp. which are ex¬ of deliver 3,939,814 1,096,121 2129. p. ■'* '' ' plan other The s changeable under the plan of reorganization approved May 26, 4,333,259 " income.— oper. The holders *37,402 From Jan. 1— *' Net ' United Brick & Tile $388,568 102,715 7,688 - ' • Loew's the some the Arthur 1948 65,391 railway——— income,— oper. *. •V'.fi 1949 investment •'"• while with Welsbach ; plan for the merger of Selected companies are closed-end companies.—V. 171, p. 2384. management and or already 2484. p. ' on a a \ /'•-<. owners.of The RKO decrees, Warner one have proposed transaction is part of Industries into Tri-Cont'nental. Both Tennessee in together 3,200 shares of common stock of Selected objected to the issuance of the exemption order Tri-Continental. and and negotiation The Warner 535. scheduled beneficial Industries plan picture Paramount - a hearing for Jan. 15, 1951, upon an corporation, New. York investment company, for an exemption order permitting the issuance of perpetual warrant? for the purchase of its common stock in exchange for the common stock of Selected Industries, Inc. The hearing was ordered on request of two persons who sought 27 a and firm months. industry. application of this Bohr. Approved— approved agreed to by both the Justice Department and company, also calls for the company to relinquish between 55 80 theatres operated by Warner Bros. ir. various cities. ' Government anti-trust action against the Warner firm ar.d four other major motion picture, companies was initiated in 1938 lor the purpose of halting alleged unfair practices in the motion in Jan. 15— on within company 4 arrangements, separate • ■ Jan. on -theatre-owning A '' Tri-Continental Corp.—Hearing Court new a and Approved— p. into the on -Sept. 25 purchased the Clark Transportation Corp. by. the ICC on Aug. 17. It had b^en operating the latter 170, ' corporation The company Trenton Chemical Co.—RFC Loan • three-judge Federal tion-distribution common The RFC in December approved the company's request for a $250,000 loan to purchase equipment for the manufacture of monosodium glutamate, hydrolysates and other amino acids.—V. 1594. p. late 3152, p. pre¬ temporary authority from Kansas City into Chicago. See also V. 172, 1835. .' r * .A. ; 'v. Georgia Ry.—New President— Keister, Jr.,-has succeeded 164, A this - All machinery from the 58th Street plant is being moved to the Bayway Terminal, and additional machinery is to be installed at the same time, providing close to $1,000,000 worth of newly-integrated equipment which will permit belt-line production not previously pos¬ sible—V. 172, pp. 1034, 848, 750, 383 and 52; V. O. Warner Bros. Pictures, Inc.—Plan com¬ to authorized P. The ex¬ pansion move will not affect Tele-Tone's subsidiary, the Rico Television ~?rP-' at-Hato Rey, Puerto Rico, U. S. A., which employs approximately 300 persons in the production of table radio models in the medium price field. Tele-Tone's New York sales .offices will be maintained at the 58th Street location. —V. offered to company present New f, shares of first on leet square 12,500 as its employ on two operating floors; Mr. Gross noted, will permit approximately double its operations over those of its York plant, located at .540 West 58th Street. space the the were stockholders at $12.80 per share, in October, 1950, were publicly offered at $13.50 per share by Floyd A. Allen & Co., Inc., Los Angeles, Calif. 31. rented buy, ferred and New J. Lines, Los Angeles, Calif.—Stock Offered— unsubscribed portion of stock (par $10), which mon manufac¬ Terminal, Elizabeth, Gross, President. by Sol W. produces period 2,500 radio Transcon Equipment— Bayway ™i?si0n SB^S annuajl.y. is making The up Operations to New New the largest Metropolitan this operations announced of one of the huge " water increases plant capacity 68% a 33,000-kilowatt turbo-generator, service are a for new entire cooling a city of 80,000 peopl". boiler, more facilities fo" plant, new coal handling tower. The new to over 80,000 kilowatts.—V. generate- 172, p. 1836. 10 The Commercial and Financial Chronicle (206 Dividend announcements tables. In nounced grouped in two separate are indicate we table in which Then show we dividends the all during the current week. second a first the Name of Foote the we 60c follow with Franklin payments previ¬ V Name of Company Share Air-Way Electric Appliance Corp. (quar.) Allegheny-Lucilum Steel Corp.— $4.50 Increased share plus rhis dividend) (quar.) Industries, Inc. (irreg.) Amalgamated Sugar, 5% preferred per Aluminium, Ltd. 4 7o American Distilling Co. iquar.) Equitable Assurance Co. Increased American 2- 1 3- 5 Palestine preferred ABiheuser-Bucch, Associated 7% AKilt & Wiborg •5% % Trading Stock National 3- 2 2- Quebec & 4- 1 3- 1 3- N Stores. Co., Corp., Fund, (Realized British from Bronxvlllc security Pulp Trust Co. prefer led (A. 7% 1-20 1-31 1-20 International 2-15 1-25 Ironrite, 2-10 1-25 3-10 2-26 2- 1-20 (N. Foils, Ltd Canada Vinegars, Investment Canadian Oil Carpenter Paper Co., Fund, Ltd Cos., preferred preferred Carreras, Ltd.— 1 1-15 1-15 4- 2 3-15 3- 1 2-15 2- Charis Corporation Light & 2-20 4\\7o 4 '//> Meed 2- 1 1-19 5- 1 4-20 $1 8- 1 7-20 $1 11- 1 10-19 2-20 1-12 -4- 1 1 -•♦%%• . preferred 75c 2-10 Comnum 5% & 2-10 20c 1-31 Miller 1- $1 $4.50 preferred Clinton Foods, Common 2- 1 1 4%% Coast preferred $3.50 3-13 Columbian ®oncolidated $1.50 Co. Chemical Consolidated Consolidated 1-19 4- 1 3- 9 4%% preferred 2- 1 1-16 $4.50 preferred 3- 1 1 4- 1 2- 1 (quar.) 50c 2-15 (quar.)I 1- Industries, class Dobbs convertible Corporation Houses, Extra 1 1-15 Ohio-Apex, 2- 1 1-17 Pacific 1-31 1-22 Park 110 'Ac S% clas.s 8 1- 4- 2 1-15 1- 30c 67c (quar.) Eppens, Smith Eversharp, Jfarrington • Common (quar.) holders -he'd will at on common ■, „ the par Federal .. - $1:40 Federal $1.20 V 2- 1 3- (stock stock * value 2-15 Procter 1 2-15 Purity 1 1-19 $$1.25 2- 1 1-19 1-31 1-18 2- 1 1-19 12- 1 1-31 , 40c 2- 1 2 $1.50 2- 1 1-15 1-15 1-19 25c 1-25 1-15* 40c 2- 1 1-18 5- 1 4-18 50c 2-23 2-13 40c 2- 1 1-15 60c 2- 1. 1-19 2- 1 1-20 Class 450c 1-31 2- 2 -<5c 2- 1 ,11-16 $1 25 3- 1 2-15 1-31 1-15 i5C - the tc split and ' 25c 1-17 2- 1 1-31 1-15 1- 1-31 reduce 75c 2- 1-23 5 : standing 2- 1-12 1-15 1 1- 2- $25 faccum.)_ arrears to 2-15 1-13 1 87%c (quar.) (Dayton)— 5- 1 15c 2- 5 1-31 • 30c 2- 1 1-22 50c 2-1 1-20 / - : ; 5"' '" >. 35c quar.)_;*> 2- 1 2- 1 .5Yo ' (quar.)r50c" Inc. ;(qUar.)_^_lJaL:rl_ 2-15 1-25 50c 2-1 .1-15 2-1 1-15 1-25 i-is: '• ■: Co.-' .,$3 Mills, Ltd., class B___ _J " preference. (entire issue called for redemption on Jan. 29 atr $44 per share plus this dividend) L " Gasv& Electric ,; '• * *13c 2- 1 1-17 • - - 30C 1-31 1-20 40c 1-31 9-30 9c 1-30 1-15 Sc 1-30 1-15 Rohr preferred series'H Aircraft Ronson Rosefield r Corp. . Packing 1-25 3- 1 $1.02 3- 1. 5% 1-19 a 2-15 -t> ; • - Ii';- (quar.) 25c 35c 2-15 _ 1-25 ; • 1-15 3-J2 3- IIII' Rutland & and 25c Stores (quaV.) 1 15c Whitehall RR... (quar.) "'' : - 2- 25c I?;! $i,, 2rl5 1 . : 1-15 .1-20 Y — • 2- 1 preferred •Common - *: >7- Electric • . will - inter- ■* • * f ./• • * •. 1-15 • ' 1- 2 2-1 >:-cl-15* '% "• ' T /■ " ' « 15c 10c '■ • •. -( • (monthly). . ' ■ '"* •- Vt.i— Illinois—' V •' Wori?s Co., com. •„— , ..•> , 15c " 1-15 ;12-36 .^27V2c _lrl5 ;i *12-30 f■ - ■ .. 97%C (annual)—'—— • • Products, Co., common (quar.) ' _ - 12->29 V42-30 ••" ? 1 • r % / 1-15 - . 2-1 ,a..l-19 1-3 1 1-19 3- 1 "V2-20 2- $1.12% Insurance Co.-— 7 — 4increased, 12-30 - '-r (quar.)— Fire 1-15 25c " $1.25 (quar.) v _12%c 1-13^^12-20 - quar.) (Continued *. 1-15 " 1-15 ^ $1> ,40c V _ common-(quax.) • 40c — preferred-(quar.) :. : . 4 <** $1 Maize American. Natural Gas— 6(0 " . (quar.) Line," Ltd.' American National -• • • Quarterly 4 " Rose's^ 5.. 10 Mail 4%%'preferred 2 , 4 - Mohawk ■ , Corp. of AmFrican Metal Co., Ltd, c !. • (quar.) * Extra , - Co. Machino Si 'YAmerlcan-Marietta - '7 ■ preferred -(quar.) American -j' preference (entire- issue •« lor redemption oa Jan.. 15 -at, per share plus this dividend).^.> 5!/sC -41-15 --c z 1-29 - '• ■ • • ' (quar.) Inc.' Investment "3.90%* preferred • 20c (initial)" Ai t. Metals: Works, - v share action American Machine .& Foundry-— " . 4.10% ■ ; ; ■ , common, (Mcntpelier Products Home $25.50 American ; Corp.— ; Power for fractional Co. convertible $1.10 . r-.- - Common iquar.) _-__a__4> 56c ■"~47v preferred series F iquar.)$1 - (initial) L.),.-Manufacturing Co.— $2.50 1-22 Rochester Corp. of Pittsfield, Inc.— preferred (quar.) (P. This '■ Amertcah" Iron 12-29 1-31 t$l Co. Wisconsin of made Fidelity called ., • * Silk of common, Niagara . , & share 0.015614 Light & -■ ■American 1-25 2-15 Co. Gas Kansas-City of share common, 0.005990 common. will be American 50c '" *J' •— 5 Quarterly 1-12 > iquar.)_ of share ests.): 1-26 ' 12%c 4 1-25* (if ments . k* Co., common, * - American L__ *. . 4 1- to 13 0.004732 Light Power Co. 1- 1-15 2-15 complete the pro rata distribution of all securities in the portfolio. (Cash pay- 4-14 . ' _J—t Power » 1-15 (For each out- Gas & Corp. 0.023561 1-24* 2- 65c 87V2c (quar.n- Co,i__ . 1-19 ; Co.,__________i____ ? 1 1-18 $1 and when received in exchange for Niagara Hudson Power Corp. common), 0.008002 share of West Kentucky Coal Co. common, and • the Co. 2- Power Feb. before common, share 0.017131 1-16 1-16 2-15 30c quar.)__. Iowa-Illinois of Co. Kansas of 1-9 1 1-31 - ■ , 1 Light or share, B share Light — 1-31 on Natural Power and " 2- distribution to stoekhold- class Co. 0.005830 1-20 1-30 & Power share Electric 5 12-15 "V3- 1 50c $1.25 quar.) (increased holderofrecordDec.il. 0.007188 .12-20 20% Co. American 30c • Insurance Cities 1-19 1-15 1-15 j Corp. Third liquidation ers to be made 1-19 2-15 • 1-22 ' 1-15 - Co.— (quar.)—.— (initial American 2 • 1-31 30c -25c - dividend Can 1-15 Insurance 7-23 -10-22 2- I .• ... $1 quar.) (quar.)— (quar.) _________________ Co. common Stock ■"*' $1 ■-.Robertson reduce participating Participating --Fehr .(Frank) -Brewing, common.—— <T%" ■ preferred (participating)__ 1-12 2- (quar.) A (quar.) Bosch New " -.Extra Riverside Ltd';— preference 50c J$1 $1.50 ptd. Automobile (quar.) (increased Corp. -"5-T tVV -4-21 ' • - -5-r 1 ■; ^ 4-21 ;-8- l-*"-7-23 25c-"11-1 ■•'10-22 ; 2c — 1-15 .* 1-10 75c 1-20 ■ 12-15 $25c ^3-1 2- 7 25c "4 1-31 1 1-11* . (extra)____ Corp. Insurance-Co. Asphalt Roof Louis pfd. 1-22 _ . '-25c .' 25c' — 4% 1-15 12-29 l V 8-""I : 25Ci.:- • 11- -1 (quar.). common Canada, Alliance American 5 Inc.— Y.) of Petroleum Iowa N. Corp.. Book 1-11 1 (quar:)—- Gas & Co. American 20c (Brooklyn, Pile St. 1-18 1-31 20c 5 7c Oil Stores American Co. i___l ,'Rlke-Kumler be * 1 (quar.) Securities Corp.— B 4 Rice-Siix, , the 50c. • 2- iquar.)____ convertible preferred (initial Reynolds 1R. J.) Tobacco, common ».. 20c J_" stock! to 20c $1.50 —________ VI--4 25c (quar.)___________ American i 1-18 25c (quar.) •- * (quar.J'_w__L____—25c • (quar.)-, 1-19 1 2- — • — B Penn 1-20 25c. > —_______ (quar.) ■ B American 1-20 2- 2- 1-18 .l- 5 2-1 1-25 (quar.)__—. B • 7 — to 1-31 2-15 A Class- 9 25c 3-12 class Aluminum Goods Mfg. Co. 37%c t' "f 57c • 1 Fire .•.Class. 3- • .; 7c Class Amerada 15c Quarterly ; 1 2-15 20c v Class "American 60c Holder$ ,''.1-15 ■ 35c (quar.)i_ • Allied 75c ' Concrete A All $1.50 ___ Light Reslstoflex • - 2- 4- Inc. (increased quar.)____ (quar.)___jl__ A Class .>• 9 • A Class. B 9 3- (Hartford) Co. (quar.)____ Mills, $3.50 preferred preferred.. Iquar.) .Reliable . / 3- 1 Gamble & Railway Raymond 1-22 ■ 1 93%c ^• Quarterly Distribution Shares; Inc. 1-18 15c 44- investments-^ Equipment, Co. By-Products, Aluminum '-$1.12% 25c 2%% (stock dividend). Corp. income Gas Class . • • net Alabama 1-18 o-a)__ When Payable' of Rec. Share = Inc Air Reduction 1-18 _ ' paid. The list does not include divi¬ week, these being £iven in the ' Petroleum Affiliated 1-26 60c F., From 1-12 30c H.)— 1-10 in previous announced Corp. (quar.) ___________—50c 2- 1 1-12 Affiliated Fund, Inc.— ' .7.\ 10c N. 2-15 1-20 Adams-MilUs 3-15 (quar.) 2- 1 2-9 .. this announced Aberdeen 1-19 4- (s-a) Corp. (quar.) Inc v 1-20 1-31 $1.06% T. A. 1-19 (quar.) 3- 1 1-31 Per 1-19 (quar.) 3-1 preceding table. < 1-19 1-31 1-31 • 2-9 1-19 t$1.25 Flour $3.50 - 5% meeting proposal dends 2 25c Insurance Fields, weeks and not yet 2 40c will 1 dividend) — ; two-for-one to 2 2- 2f 15c Co., *25c . etocki, (quar.) a 2- (s-a) 2-20 20c 37%c __ give the dividends we 1 30c (initial) 6 3-1 10c (irreg.)— preferred conv. Gold Consolidated Below Corp.— Co. Company 6% Co., 12-30 : Cement (Rudolph) 3- (s-a) 3-19 3- 50c (quar.) — Cab 1 $1.18% (Bait.) 2-13 25c Company 1 - 1-20 - 1 1 Co W.) 3- (quar.) 1 3- 4- 50c (F. Name of Company (quar.)^_ 2- 25c $1.06% (quar.) 1-15 1-20 1-15 1-15 Co.— common Governor Wurlitzer 12-30 $1.12 V2 (Keene, Bank Steel 3- 1-22 annual 1 1-18 1 1 $1.25 (quar.) • 1 1-20 (quar.) Co. payment $25.62%, 1-22 ,1-25 recommend the Extra 1 22- (quar.) (quar.) 3- (accum.) This 1-12 1-31 1 Corp." (quar.) 2- Year-end 5 1 redeemable Loan 2- 2- April-1 Grain, - 1 r'T"". " Directors 3- 2- A Yuba 2 15c Marine Industries, Quarterly -$2 ..Payable in class Eate-Root-Heath Co. Pedders-Quigan 5 25C A 7- (quar.) Hampshire) & Gas Permanente V r.140c __ (accum.)— - , 1 (s-a)____ Corp. National 1-22 -___I___IIII - class 8- % 1 Distillers preferred 2- / , (quar.) Inc. . _ $6 Peoples 1-22 <s-a)-_„__—I~"~T Mfg.— and 2 10c L-, Linoleum Co. Yellow : 1 25c ; common Empire District Electric Co.,,5'A pfd. (quar.) Empire Millwork Corp. (quar.) - 1-22 common.. Gas Casualty Co. 2- 40c preferred 1-22 1-31 (quar.)__ Tilford 2-15 *37%c ____ Brewing Co. (Pittsburgh)— 31. I'll Industries, Inc.— convertible & Pittsburgh Duouesne • 2-23 1-31 7: Inc. 75c 1—a——_Z_ Eastern 3-12 27x/2c Utilities, Ltd.. 47c pfd. Lighting $2 (quar.) Oilcloth Woolworth • preferred Fire Pennsylvania 3-16 $1.12% ■___ preferred Woodward 2- 2- 115c $1.31% 12%c (quar.) 50c (Increased Co. Quarterly 1-15 G2%c (quar.)—. Extra 1 1- (quar.) Inc. 2- $1.50 (quar.) A 2-15 . 2-21 50c 31%c lquar.)___ (quar.) preferred $4.25 - 9 1- 2 1- 2 1-25 1-19 2- 1 50c A 26c Chocolate Company, 1 (quar.) Corp., (New Pennsylvania (quar,). Malting Co., Dominion Northwestern Peerless _ ■ Dominion 1-15 1 2- Match, $1.50 preferred (initial s-a) Steel Construction Co., Ltd.— $1.50 . 2- 25c Diamond Divco 2-15 Northwestern RR. & 1 • 3- 1-15 1-15 2- 8 2- 1 be to (quar.) preferred 3- (accum.) Liberties 3-10 37 %c Candy Co., $4.50 partic. pfd. (quarj Dennlson Mfg. Co., common (quar.)— Dislier $5 Wilson 3- (quar.) convertible 10c stock 1 2-15 Co. Semi-annual (quar.)_ (quar.)______ ; debenture 12-30 1 pfd. Co. Sl.OG'/j Gas—, Insurance Northern 1 Inc.— A ©urtiss 8 Vc $1.50 Northern 2 37 %C Corp. Co. 12-30 1-10 Co. preferred J 15c (quar.) Illinois Mfg. Wilbur-Suchard 1-10 meeting i Light & Telephone Co., com. 3- 3-20 $1.25 a the on (quar.) 45c Y.) Co. Bearings 6%- preferred Northern Ltd.— Sugar 5 'Jo for cotmmon vote (quar.) Kentucky Coal 25c Insurance (N k B 1-19 2-20 2-20 30c the (irrcg.') 40c (quar.) preferred 1-20 2- 50c _____ Atlantic 1-15 r Northeastern 3-20 1-15 $1.18% participating class A (accum.) Covington & Cincinnati Eridge Co., Inc.— Quarterly 1 Co Co. Electric Norma-Hoffman 1-23 3-31 Merchandise State 3%7c 1-15 _____ 87'/2C preferred Y. 3-16 6c Y. N. 3-16 $1.12 % N. 2-16 4- 65c Cuban 1 20c Lobster Press, 2- (quar.) prior pref. Ltd Co. Insurance 20c (quar.) Dearborn Consolidated Fire 1-15 common preference ,fquar.)„ 3 Y. 3-13 2-15 —______ partic. Class Western 40c 2- ___________ - West 1-15 preferred preferred Trust 3-31 $5 Carbon N. Rochelle 60c 20c 4% '/>■ Wentworth 1-31 — • Cotton 35c __I__I I„J _ (quar.) Finance, New " Steam com.— Company Colonial 2-23 1 57c B.), Ltd. 1 3- 1 3- 1 2- 30c 13. iincreased preferred 2-15 Semi-annual $1.25 (quar.) preferred Collins 5%% 3-15 (quar.) Co., U. plan a will the annual Co. preferred Ventures, $3 Corp. (year-end) Airlines; Inc., new com. City Bank oi Cleveland $1.12% (quar.) Sciver on 2- . National 12-30 3-31 (monthly) (monthly) Breweries Van 1-19 (quar.) common $6 quar.)_ Co., (quar.) Colgate-Palmolive-Peet Co., 1-23 2-13 1-31 • Naumkeag (monthly) Common 1 1-31 Shares National ■ common Norman ■ 2-19 1-15' Power, March Van 15c (quar.) & at held 1-15 2-25 3-12 25c Manufacturers S.) proposal 1 3- 9 $1.25 $1.37% common,—.— —. Shareholders 3-1 +35c $1.50 62V2c 50c i common_______— approved split of four-fcr-one stock. 2-15 (s-a) 2nd have 8 _ (quar.) Corp., (quar. > 8* 50c $1 (s-a) Co. Power. 1- 20c (quar.) (quar.) A pfd. (quar.) ______ preferred iquar.).__— Iron 2- 35c class A & preferred 87'/2c Corp., $1.60 (J. Products 1 5% class $6 57 1-15 2- pfd. eonv. — Peninsular 10c 60c pref. Corp. & Maid Extra 1-15 3- 75c (increased Illuminating Inc., 1-15 ^ & Mutual RR.-L (quar.) A 2- . Pacific A Co-.,, class Electric Valley Mould quar.) Monumental Life Insurance Co. , _ preferred series Cleveland Upper 1-25 $1.25 $20 50c (Del.) (quar.)_ Rhoads.-4% % preferred Montana • (quar.) -City Stores Universal 2-28 2-20 1-15 5% Ltd., Corp., Directors preferred Mitchell 9 20c ;v 2-28 3-10 Y.) Minute " 1-19 1-15 ■$1.12% 3-10 45c (quar.) Extra 1-19 $2.25 IV 75c (s-a)_ Shoe 4%% 1-19 $1,05 (quar.) Chicago. Rock Island Transit, 87'/2c (increased s-al-V." Miles Shoes, Inc.. common (quar.) Chenango & Unadilla Telephone Corp.—: i United 1-31 75c 6'Ac 37%c 3T'/2c $1.25 438c — (quar.) 10c class A conve-tible <N. 3-12 (quar.) 12-30 25c Co., prefeired Merchants 3-12 4- — 1-15 B 25c (increased Corporation, Melville 1-12 75c $1.75 & B 1-15 1-16 2-20 Co. Corp., Class 1 3- 1 93%c (quar.)_ Grain McKales 2-15 5 Gas Corp. McCabe $1 (quar.) Power (special) Light Co., 4% pfd. (quar.) Ohio Power 1-31 $1 _ Star Macco 1-15 *50c a22% Stores (quar.) Corp. (quar.) Massawlppi Valley RR. 2-15 a22%% United Macoil * 10c ■>" 1-27 $1.25 1 ... 2-15 2- 37%c iquar.) (quar.) 1-27 37 Vic 1 Lone B 2-15 (quar.) 2- 2- preferred 62'/2c (quar.) Inc. CYc Corporations, 20c — —_ (quar.) 50c Telephone fz Telegraph Co. preferred A Aircraft Corp., 3- (quar.) (quar.) common preferred United * 2- *7c Gas Co. Central (quar.) c*20c *20c .(quar.) Central 5Ye Service, United 30c 133/4C 3- 1 2- 9 1-31 2- 5 1-22 2-20 1-15 1-15 1-15 1-15 2-15 1-15 1-31 1-31 1-15 2-20 50c J$1.25 12%c 50c (quar.)__ Compaliy 1- (initial) 4 20c . & preferred Gas pfd. (quar.) 67 $5.50 3-13 3-10 3- 1 2-15 1-31 2-28 1-31 1-31 1-31 1-31 3- 1 2-15 2-28 2-15 2- 1 $1.75 (quar.) (quar.)__,— Inc. 5% Corp. 1- 1 pfd. 7% Company 1- (quar.) Co., & (William J.) Class 1-20 1-20 12-30 12-14 62J/2c Corp. P.) 1-15 (quar.) common Loblaw, deposit ieceipts A ordinary (final) deposit receipts B ordinary (final) Case (J. I.) Company, common (quar.) 7% preferred (quar.) Caterpillar Tractor Co., common. Electric onv. Mills, A 1-19 ; 1- 2- 1 2- 1 1-15 1-10 10c Co.— Sons, Furniture Suburban Pennsylvania 1-15 ; 1-15 50c common- $1.50 Ltd., 1-15 (quar.)_______ preferred <quar.)__ 1 Araer. Central of 1 (quar.) prelerred 55c Printing Common 1-20 60C 1- 50c Knitting Lincoln 1-19 quar.) 1-15 5 & 1-15 Corp. 2- -Amer. 4.20% State 2- (quar.) 4% the Strange 1- common— 1-20 1 'quar.) preferred of (J. Storklinc 1-15 $1 Shares 1-23 *25c (quar.) prefericd 4%' . 1 1 Ltd Silica Stevens 1-19 Co., (quar.) Process, Gas Kellogg 56'Ac *20c (increased com. 4% ' 2- 1 (quar.) Standard 4-23 12-27 ... Lincoln 2- Mortgage Corp.^ Chemical, (increased) ____2 (quar.) 1-15 1 2- . Standard Bklyn. in N. Y._^ Dye Works 2- ________ Spencer, 1-25 (quar.)_____ Liquid Caibonic Corp., common 3ViYo preferred iquar.)_ __ Ltd. Canadian pfd. (quar,). _______ Permanent Canada 3%% (quar.) preferred 2-20 common. 2- *20c 2nd participating (Patri.cipating 1 2-15 Lafayette Nat'l Bank of 50c Extra 80c 3- 1 1-23 quarterly div¬ a quarterly 2V2c 1-12 1-20 25c common Natural Increased $1.50 $1.75 Ltd., Franklin Southern 1-15 2J/2c 1-20 1 $1.50 (increased) Southern 1-19 2'/2c 12'/2c 1 2- 25C com. 4-16 iquar.) Utilities preferred $3.50 common 1 1 1-10 3- 5 proposal a ---- on Chemical 1 5-15 on five-for-one basis. a Casualty 2- 2- 75c 1-15 1-16 1-16 1-16 stock¬ of iquar.t & 5- (quar.) Lanett Bleachery & (Lexington Trust Fund ; Tire preferred 2- Kings County Trust Co. (N. Y.) (quar.) Kresge iS. S.) Company (quar.) : La Crosse Telephone Corp.. 1 2- $1.75 (quar.) Mills, 57o Y.)— : Co. Inc., Jantzen Paper— ; Southern jSemi-annual , 15c 50c 3 25c 1-29 62 %c 1-19 3- 25c vote to now 25c Company, Co., common preferred (quar.)_ 47c 1-29 3-16 50c 53V8C 1-10 4-10 1- 9 1-15 2- 1 2- 1 2- 1 2- 1 basis. $2.50 <quar.)_ meeting a on 12»/2c Power 15c (quar.). A stock . Co.— 6 Agricultural S7c iquar.)__ (quar.)__ iquar.)_____ (quar.) $1.37V2 68%c (quar.), Co., common preferred (quar.) '/< Idaho profits) & Company, Linen Canada 4 & above Smith 1-19 1-29 Co. idend 1-10 Feb. on Oil A pfd. (quar.) split the stock 15c ; Sound 4 '/2 4 1- 50c (quar.) M.) prelerred Caldwell 1- 1 $1 quarterly Steel Castings, ..Buckeye Howe 12-28 1 2- 1-31 common Increased 47c 1-15 2- Insurance (quar.) holders Skelly 1-19 class $4.25 called has 1-17 4-17 75c 75c 12%c 120c $1.06% 40c __a_ ccmmon Manufacturing Holders Co.— $1.50 Inc., Power, preferred Company Insurance Ltd., Company, Dohme, 50c common Finance, 30c (yeai-end) Columbia 1 1-31 50i (quar.)__ — A.i preferred 2-15 _ Corp., 67c Singer The Corp. (quar.) (increased quar.) (George 12 %C pfd. 2- 12 '/2 c 3-15 quar.). 5% 12-30 (quar.) comnvon iquar.) * 10c (s-a) (quar.) Inc. preferred 6 % d'/b 25c common... Ltd., 1-15 —' Company, Household is-a). (quar.) Electric preferred Byers 1-18 Amtr. quar.) (initial A Fisheries 7% Hormel Inc.— iinitial Company Ribbon 4% 1-15 1-29 20c Inc. Participating preferred Patriclpating. 1 2- *$1.37% Ltd. 1-18 Extra 1 50% Mines, 1-18 1-31 Extra 1 4- Common Boston Homasote 15c Shoe common preferred Birtman Inc. Co.— $1.75 Y. 1-18 1-31 to Company, 5V2% pfd. (quar.)__ Light (qnar.)___ Radio 2 $1.50 N. of 2-15 150c Electric Hclfman 1-10 25c New Booth 12-31 1 ..... Bank 30c - Marine & Pacific 40c Inc., (s-a) (A.) Preferred (quar.) dividend. Blue 2-15 25c Inc & Sierra 62'/2c 87J/2c $1.75 Corp Hathaway Bakeries Co. (quar.) Hershcy Chocolate Corp., common 4% 'ic preferred A (quar.) 1-19 1-19 2- Extra Best 1 1 Proprietary, Ltd.— Bayside 6% 22- *56 %c Telegraph "B," Co., Holder's, Building <Sr Equipment Corp. of Berland Harris Corp.— (accum.) preference Belleterre Preferred . Co.— (accum.) Axe-Houghton Fund Bunk d: preferred preferred 1-17 1-20 lie ... (quar.) Telephone 1st 1st Inc. 1 L.) Hsvrtford (annual)..— Anglo-Canadian Telephone 4%% preferred (quar.) Sharp 1-19 _______________ — 20c Inc h. 1-15 1-27 (quar.) Hnndmacher-Vogel, 75c Fund, Ampal-American $6 50c Y.t Scarfe 2-15 semi-annual iH. Extra 9 1-22 1-30 2- 12 %c iquar.t iN. 2- 2-15 15c semi-annual Mutual Green 07c + 75c ___ _______ Aluminum American Utilities preferred Fire 20c Goodyear Tire & Rubber Co. of Canada, Ltd. preferred (entire issue redemption on Feb. 6 at $103 for 1 12-30 Co.—- _______ 1-19 1 Increased quarterly Quarterly Sanger Brothers iquar.)_ 2- 1-15 (quar.)_. Shoe Corp., common (quar.)_____ preferred (quar.)______— Georgia Rail read & Banking (quar.) * Globe & Republic Insuiance Co. of Amer.— convertible called 4% 2- 1-19 1 2-15 18c A $3.50 Payable of Rec. 25c Series General Holderx 2- 12VzC I Corp. Public 15c St, PaOl Payable of Rec. Share 1-19 1 75c Insurance annually Stores General ; . When Per Life 25c Corp., com. (quar.)__ (quar.) Shares Trust Increased Franklin Machine & Co. 2- When Per Name of Company Payable of Rec. Share preferred Kleiser & Foundation ously announced, but which have not yet reached their payment date. convertible Foster an¬ Company Brothers Gear Monday, January 15, 1951 . Holderi When Per DIVIDENDS . . 37%c on page 45) 2-1 . • 2* -..1-15 1 - ' . 1-15 Volume 173 Number 4977 The Commercial and Financial ChronicU ... (207) 11 Stock RecordNew York Stock Exchange DAILY RANGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES FOR EVERY LISTED ISSUE STOCKS Range-for Previous f per Highest share share $ per 51 Jun 37 Lowest Dec 1 per 39% Dec Jun Dec 2% Feb 1 Oct 21% May 19% Jan 3 Jun 23 Dec Jan 44% Sep 36% Dec 27% Mar 47 Dec 14 Ms Nov 19% Dec 39 ys July 14 17 y* Jan 3 5% Jun 11% Dec 51 Mi Dec xl7% 35 46 3% May 18% 23% May Dec Jan 110% 97 Ms Mar 18 30 ACF-Brill Motors Co Adams 14 65% Mar 9 28% Nov 27 Feb 1 Jun 4y« Nov 3% Jan 3 18% Dec 15% Mar 29 23 Dec 28 Apr 73 Sep 67% Jan 4 77 Oct 18 2% Feb 4 Dec 2% Jun 27 5V8 Dec 29 40 V2 Feb 3 86% Dec 30 64% Jan 83 Mi Oct 20 17% Jun 47 % Dec 19 Dec 27% 74 Jan 86% 104 2Y* July 13 21% Jan 3 94 5 145 Dec 19 89% Mar 2 100 Nov 18 8% Jan 3 Mar Sep 83 Ju]y 93% Feb 6 Jun 8% Jan 8 Jan Express Co 44Ms 44»/e 45 44% 44% 44 441/2 Shares share 44% Mb 7,600 5% 5% 6 Ms 5% 6 5M2 5% 5% 6 Mb 5% 6 MB 17,200 27% 27% 27% 27% 28 271/4 27% 27% 27% ■27% 27% 9,300 1 26'A 26 Ms 26% 27 27 27% 27 27Ms 26% 26% 26% 27 Mb 7,800 No par Corp..10 1 *38 *52 % 24 y2 9% *47'A 27% 39 % 39% 39% 40 40 X39 % 40 40% 40 Ms 40 Ms 42% 53 24% 52% 53 53% 54 52 Ms 54 •51Ms 52 52 52 24'A 24% 24% 25 y4 23% 251/4 24% 25% 25% 26% 59,300 9% 9% 9% 9% 93A 91/4 9% 9 Mb 91/2 91/4 91/2 15,600 __1 com 50 Air Reduction Inc No par Vicksburg Ry__ Alaska Juneau Gold Mining 100 *120 5 preferred w w *75 Allegheny Corp common _i 5%% preferred A 100 $2.50 prior conv preferred-No par Allegheny Ludlum Steel Corp_No par $4.50 conv preferred No par Allegheny & West Ry 6% gtd 100 48 Ms *47% 27 Ms *120 4 'A *47i/4 28 27% 125 3% 2% 2% 23% 23% 4M4 4% 41/4 *83 Ms 84 Ma 83 Ms 4% 84 84 *80 83 82 82 45 % 43% 45 Ma 134Ma 138'A 45 138 138 95 95 *9% 10 No par 58% 59% 3 Mb 44% 277/a +120 3% 82 *80 4% 81% 84M8 *79 821/2 43 3% 56,300 23 4,000 10 41/2 68,000 84 84 2,400 82% *80 43% 44% 20,500 79 41/4 82 43% 44% 90 28% *77 4 V* 1,200 48% 3M4 78 1,300 130 22% 23 83% 84 45% 48M4 28M4 4% 4% 4% 22Ma *76 78 50 Ms 130 3Ma 3I/2 231/4 *75'/a 77 83 *80 *120 130 22 Ma 3»/a 23% *75 Ms 27 Mb 28 *120 3% 75 *48% 48 Ms 27% 28% 231/4 23% 75 48 Ma 48 Ms 130 *120 76 23'A 10b 48 % 27% 125 2% _10 Inc 4Y*% 44% Sales for the Week $ per 5% . Addressograph-Multigraph Admiral Corp Affiliated Gas Equipment $3 preferred w w Aldens 44 Friday Jan.12 Thursday 27% Alabama & Feb share 2.50 Adams-Millis Corp 121 44% $ per Wednesday 10 29 39% Apr 17 13% Mar 15 44% 5 ; Acme Steel Co, 53% Nov 15 5 July Sep Laboratories 42y» Feb 20% July 13 110% Jan Dec 2% 88 $ per share 25 y2 Dec 21 7% July 26 48% Dec 15 58 Jan.11 $ per share Abbott 13 y« Dec Jan.10 $ per share t per share Par 21 64 82% Jan. 9 27% Dec 29 July 12 PRICES Tuesday Jan. 8 54% Jan 6 1% 17% SALE Monday Jan. 6- fper share 1 HIGH Saturday EXCHANGE Highest share LOW AND NEW YORK STOCK Range for Year 1950 Year 1949 Lowest 400 . 44Ms 33,500 139 133 137 133 137 99 *95 99 95 95 *95 98 *95 97 20 10 10 10 10 10 10 10 10 10 60% *95 137 59% 60% 58 60% 58 Ms 60 59 60 4,10Q 23,700 23% *22% 23% 132 Ms 135 5,600 15% Jun Dec 19 5 *22 % 23% *22 Ms 23% *22% 22% 22% 24% Jun 30% Oct 26% Dec 11 11% May 27 60% Aug 24 23% Dec 22 30% Jun 1 No par 29% 29 % 29 V4 29% 29% 30 29% 30 30 30 30 30 25% Feb 35% Dec 32 y2 Jan 13 44Mi Sep 28 Allied Stores Corp common—No par 43% 44 43% 44% 44M2 45 34 441/4 45% 45 % 45 % 45Ms 46 100y2 Dec 20 4% preferred .100 Allis-Chalmers Mfg Common.Nopar 3'A% conv preferred 100 102Ms *98% 100% *98% 100% 98% 98% 100% 46% 46% 46% 46 Mb 47% 441/2 46'A *99M4 45% 100 461A 16,300 98% 991/2 3,300 53% Nov 19 1 Jan 3 Allen Industries Inc __1 Allied Chemical & Dye hew Allied Kid Co... Allied Mills 9% 60 *22% 23% 83 y2 Jan 97% Nov 93 Feb 16 25% Feb 33% Dec 28% Jun 27 Dec 29 76 Jun 88 Oct 81% July 12 99% Dec 20 991/4 98 Ms 26% , Jan 37% Dec 30 July 13 53% May 31 38% Jan 11 Alpha Portland Cement No par 35% 36% 36M4 361/4 Dec 22 Aluminium Limited No par 100 'A 100 y2 991/4 IOOM4 99Ms IOOM2 99 5'A Dec 29 Amalgamated Leather Co com 1 6% convertible preferred —_50 5 Ya 5'A 5% 5% 5 Mb 5% 5 *99 IOOM4 5'A ~2% 4% Nov Jun Jan 43 3 44 98 July 5 Aug 16 36 40 26 Jan 37 Apr 89% Feb 120% Oct 34 y* Jan Jan 45 Sep 10% July 40 6% 51 Jan 70 Dec 66 20 Jun 27 Dec 14 % July 13 26% Jan 7 61% July x7% Jun 69 Oct 58 Dec 67% Jun 16 12 Dec 10 20 30 2 100% Mar 161% Dec 30 35 86% Julja5% Jun Jan 104 Jan 53% Nov 22 27 14 Dec 27 American Jun 30 82 Dec 28 3Ya% 27 Dec 30%Jufy 5 43% Dec 14 101% Feb 8 109Me Oct 4 25% Dec Feb 14 Jun 35% Feb 89 Jan 25% Jun July Jun American 15% July 17 17% Jun 30 23 Feb 23 25% Dec 27 81% May 97 Oct 7 Jan 49 115% Jan 8 76% Nov 21 13 178MsJun 19 113% Jun 23 16 101% July 12 32% Jan 13 49% Oct 6 American Chain & Cable- 4%% Chicle Co $ per 78% 78% I per share share 15% Feb 19% Dec 18 Jun 24 27 4% Jan Nov 24 32% Dec 9% Sep 25% Aug 3 61/4 Nov 13 Dec 18% Jan 75 Dec 8Mb Dec 49 3%% conv 3%% Jun 73 Jun 11% Jun 15 Mb Dec Jan 84 Sep 78 Jun 7% Mar 33% Dec 29 104 Jan 105% Nov Mar 29 7 28 22 17 Mi May 12 Jan 4 90 Oct 5% Jan 3 ll'A Nov 22 98 98Mb 182 182 % 260 35% 10,100 76 98M2 182 76 »/a 341/2 35Ms 34% 76% 77 76 76 Ms 31% 32% 431/4 31M4 32MB 31% 31% 31% 31% 42% 421/4 43 42% 42% 43; 43Ms 2,500 3,200 6,800 20 Mb 20% 3,200 —10 —10 *168 173 *111% Il2'/a 48Ms 48% *168 174 *168 112% 112 47% *12% 48M4 48 LOW Monday Jan. G Jan. 8 : AND HIGH 49'A SALE 20 20% 24Ms 231/4 23% 3,300 90 Ms •90M8 90 »/2 741/2 2§,800 721/4 73 73% *165 *111 llly2 51. 50% 174 •168 172 1121/2 111 491/2 19% 24Ms 174 *168 174 111% - • 19 Mb *901/8 Dec 36% Aug Jan Feb 10 Jun 169 Mar 6% Mar 14% 178 8% Jan Sep Dec 23 Ms Jan 49 37 Jun 43% Dec 39% Jun 142 Feb 34% Jan 56% 164 42% Nov Jan Dec Par American Encaustic Tiling PRICES Thursday Friday Sales for Jan.10 Jan. 11 Jan. 12 the Week S per share S per share t per share Wednesday Tuesday Jan. 9 11 f per share I per share 1 6% 6% 6M4 61/4 American European Secur—No par American Expert Lines Inc. 40c *201% 21% 21% 21% Amer & Foreign Power com—No par $7 preferred—— —No par —No par American Hide & Leather 6% convertible American 7% Locomotive 88% 901/a 87% 89% 87% 89% 17% 16Mb 17% 16'A 17 16% 17% 16% 77% 77 53% 78'A 54Mi 77% 78 76% 77% 75Ms 76% 53% 54% 53% 541/2 52 Mb 53% ;v -52% 48M4 49 49Ms 8% 50 50 49 49 8% 55 8% 8% 81/4 51% 51% *50% 55 32 31Mb 32 X31 Mb 31% »/4 32 31 Mi 31% *6% 7 6% 6% 100 106% May 17 18% Aug 16 Amer Metal Products Co com——2 100 — 8% *80 82 17 .17 8 *80 18'A 18'/2 17% 18'A 20Mi 2OM2 20% *100 15% *83 102% 100 106 *105 7 7 *78 6% 81 1.100 7 •78 81 *80 82 17% *17% *18Mi 17% 171/4 17'A 18% 18 18% 18 Ys 18'A 1,000 2,500 211/4 21 21 Ms 20% 21 % 20% 21% 21 21% 27,800 102 Me *100'A 102 Ms 101'/a *101 *1001/4 100 15% *86 16 16Mb 15 88 *86 88 17% 17% ' *101 15% *86 500 102 10 88 *86 11 10% 10% 10 Ms 10% 10% 10 Ms *10% 10% 600 46% 46% 48 M* 48 48 '/a 47% 50 49% 50 Ms 6,100 106 *105% 105 106 18% 106 105% 105% 17% 105 18% 17Mi 18 Mb 10 lOMi 10 -• 106 18 10 11,500 9,500 1 9% 9% 11 10% 1 33% Mar ie American 27% 27% 27% 27% 28 27% 28Mi 28% 28 28 Ms 3 36% Jan 28 Natural Gas Co—No par No par 27% Aug American News Co— 34 Mi 34Mi 34 Mi 34 Mi 341/4 341/4 *33% 34% 34 34'A 33% 34- Aug 2 22% May 23 18'A 18% 18'/8 18 Ms 18 Mb I8M4 17% 18'/a 17% 18 16% May 12 185 Apr 24 9% Jan 11 12% 12% 13 13 18% 13'A 17% 11% July 26 175 Ms July 18 5% July 13 American Power & Light No par Amer Rad & Std San'y com—No par 13 13'/4 13 13% 131/4 13% 178 *174 6% Jun 28% Dec 26 16 39 Mb Mar 30 50 July xl57MsApr 5 4 9% Nov 10 .. 51% Mar 16 53 Ms Dec 73% NOV 24 169% Sep Dec 37% Dec 22 44 150 Sep 134% Sep 25 145 28 Jan 22% Mar 24 21M4 Jan 31% Dec 29% May 120 Jun 16 July 138 Jun 60 % 135 12% Jan 45 Dec 128% Nov 20% Nov 150% Jan Jan 76% Dec Jan 153 Ms Dec 9 1 July 14 38M2 Jan 25 128 Jun 27 18 Ms Jun 30 146% Jan 3 62% July 26 146% Jun 30 54Ms Nov 16 xll7Mi Xpr 6% Jan 12T Aug 8Mb Mar 117% Aug 17. 7% Jan 3 21% Jun 38% 79 Sep 91% Mar 84 Apr 20 80 63 May 59% Jun 4% 48% Jun 7% Feb Jan 21% Feb 28 Dec 1 5% Feb. 14 Jun 65 Dec 61 25 % Jun 35 M4 Jan 27% Mar 10 22 Ms Jun 35% Jan Mar 27% Apr 8 14 14 Mar 48% Jun 108 106 15% Jun 8% July liy4 Nov 2% Aug 26% May 4% Jan July 12 Jan 12 19% Feb 11 9 Mi Jan 4 3 Feb 15 19% Jun 42% Nov 29 M« Dec 33% July 14 26Mi Jan 13 77 95 89 Jun Feb For footnotes see page 22. Jan 3 No par American Ship Building Co—No par Amer Smelt & Refg com No par 7% preferred American — —100 —... Snuff Co 12% *174 8% 11 22% Feb 3 161% May 20 76% Jan 9 158 Mar 30 641/2 Nov 27 121% Mar 28 Stores Co American Stove Co No par _No par ; American Sugar Refining com 7% preferred ——— 100 .100 ... American Sumatra Tobacco-—- American Tel & Tel Co American Tobacco 6% preferred 25 common.. 100 — — American Viscose Corp com new_25 5% preferred 100 — 12 Ma Mar 22 American Water Works Co Inc 46% Dec American Woolen 18 100 Dec 14 95 Dec 18 16% Nov 24 81 Nov 21 40 Ms Dec 28 110% Mar 8 7% common. No par preferred 49 M2 Dec 26 47% Oct 18 120% Oct 23 Oil 77% 35% 35 39 139Ms 75% 76% 77 166 39% *138 35% 35% 35 34% 165 39% 139 Ms 35% 34% 12 MB 11% 11% 60% 61 62 *132 20 Ms 151 134% *132% 134% 20.1% 20% 20% 151Mi 151Mb 151% 67% 66M4 151% 152 67% *117% 118% 9M4 9% 44 44% 61 ' 62 118 118 9% * Archer-Daniels-Midland Armco Steel 4%% *80 41 Mi 35 32% 34% 34% 11% 11% 11% 621/4 61% 62 9% 135 21% 151 65% 151% 67 Mi 152 61% 62 Ms 61 II8M2 118 9 Ms 9 •118 9% 151% 22% 134% 134% 99 22 Mb 151 Ms 66% 1507/8 151 y8 66% 65% 152 62% 151% 118 118%. 118 Ms 9 Mi 9% 135 91/4 61 43% 152 61 Ms 44% . 10 « 35% 10,200 34% 341/2 5,500 12 3,800 3,400 11% 62 62 Ms 135 400 21% 22 150% 151 4,500 56,100 •133 65% 152 60% 118 9»A •43'A 66% 18,800 1,030 152 Ms 61% 118 Mb 11,900 9% 8,200 28,500 . 43% 45% 43 45 101 101 *101 104 101 92 Ms 89 90% 89 90 90 90 16 15% I6V4 15% 16 15% 16 15% 16% 81 81 Ma 81 80 81 400 470 101 Yb 400 39,900 630 81 80 Ms 80 Ms 81 Ms 81 41% 41Mb 42 42% 42% 41 42% 41 42% 41% 42% 67,900 39% 39Mi 40 Mb 38 Ys 40Ms 39 39% 39 39% 5,100 271/4 27Ms 9,400 IO91/2 1091/2 38Ms 27%* 111 68 V4 *109 67 28 MB 111 67 Ms 27% *109 67 81% 28% 26% *109 111 *66 Ms 68 Mi 34 34% 34Ms 34% 34% 17% 17 18% 18'A 7 Mi 18 Ms 48'A 48% 49 47'A 47 Mi '33 % 35'A 17 6% No pat 48 Mi 48 3A 48 47% 47 47 33'A 11% 61 Mi 40 139 34% . IOIV2 27% *121 Ms 35*% 11% 11% 62% 134% 134% 20% 22% 151 Va 151% 40 •137 40'A 138 35 Mb 44% *6% 10 100 34% 40'A 138 91% 5 Corp common..... convertible preferred 139% 36 '/a 167 lOOMs 381/2 *67 40 34% 166 45% 44% 38 *109 40 *138 36 , 1,600 lOOMi lOOMi 27% 21% 10 —20 39% 139 Ms 167 35% *138 66% 67 151'A 151 Mi 61 61% 39% 166 Ms 167 76% 74'/4 166% 167 61% 11% 60% No par Corp 18,400 2,880 1,800 77% 15«/4 Anderson-Prichard 76% 74% 15 MB Andes Copper Mining— A P W Products Co Inc—- 860 76 51% 15Mb 17% Dec 11 53 Mi 53 91 ^ 53 Mi 31% 52 165% 41,100 8% 32 53 31% 521% 76'/4 166% 178 31% 32 '75 % 8'A 8% 800 32 52% *165M2 *174 178 13,400 52,600 61,000 8Mb 32 91 preferred— *174 • 8% 51% 89% $4 178 * 32 100 Ms —6.25 8 81/2 32 89% Common *174 178 51 *99% $5 prior conv preferred— 25 Anaconda Copper Mining .50 Anaconda Wire & Cable.. No par Anchor Hock Glass Corp— 8% 51 .100 Anderson-Clayton & Co Dec 20 5 81/4 $4 conv prior preference—No par Amer Zinc Lead & Smelt com —1 72% Oct 2 36 Nov 18 7 5 100 8Mb x27Mi 32'% American Nov 24 60% Aug 17 136% Oct 13 *174 9% 51 38 12% Jan 8% 181/4 32 Ms 35% Dec 18 common 178 17% 31% 39 13 28% Dec 28 x51 100 —5 ._ *138 5 Jan 38% NOV 24 Dec j 25 Jun 5 55% Jan 28 Ye Dec 7% preferred American Safety Razor American Seating Co 6% non-cum preferred 100 American Steel Foundries——No par . 18% July 13 '99% American Molasses Co 17% 70 18 Ms 10'A 23 Mb Aug J un. 7% Jun 27,500 16% 16 16 1/4 88 32 13 Jan 31% Feb 8*200 31% 30.1/4 7 100 55 *50 82 15% 46M2 7 7 1,300 9,300 8 % 8'A 8% 6,400 19,100 49Ms 18 «/2 86 *10% 49% 17% 18% 15% 10% 7 *80 86 47% 31% 49 16% 77% 54% 53% *48% 17% 18% 82 15% 10% 8% *511/2 55 86 46% *105 22% 75% _i Amer Machine & Metals No par American Metal Co Ltd com-No par 4'/2% preferred 91 Ms 16% 18 *51% 100 89% 90 91 53 No par 88% 2% 8 Mi preferred 2Mb 2% No par Amer Mach & Fdry com 3.90% preferred. 2% 54*700 15,200 5,500 21,600 3 *48M2 31% common——1 1,100 21% 21 -1 6% non-cum preferred 100 American International Corp.No par American Investment Co of 111 .1 22% 20% 2% -50 com preferred 22% 21% 20 Mi *21% 1,400 22% 3 Mb 3'/b 22 Shares 6% 6 6% 2% 17% 48 —10 *6 20% 90 »/2 American Hawaiian SS Co— 6 6 6i/s 21Mb 3'/4 19% 54Mi 5% 22% 20 V* 20 Mb 3Mi preferred —No par American Gas & Electric Co 10 S per share 221% 211% 19'% 3 Mb 78 29 19 M* 130 1,900 16,600 : 54. / 51% 18% 10% Oct 33% 32 450 ' 112% 112 53M4 Xl2 ~7 28% New 8,400 , 77 17% 9»/4 14% Dec ~5% 65,200 ., 311/4 American Ice Co common 47 Mi Dec 7 Mb 43'A American Home Products Nov 12,700 11 771/4 77% Saturday 13 21% Dec July 13 96% Jan 29 25 Ms Oct Mar 22 4% 22% Jun 102 17 16Mb Dec 28 12% July 12 76 6% 31. preferred series A_100 11 101 12% 10% 71/4 42% preferred series B-100 Distilling Co —20 11 92 10% 31 y4 conv American 97 182 700 111 35% 33% 74% 34% Apr 9% Apr 26 182 36 MB 72% Dec 13 July 17 16% July 18 13Mi July 3 81 Ms July 3 98 Mb 182% 96% 97% 182i/4 10% G% 111 111 ' M4 Mar 22 45% Aug 25 30 22 Ms 35% 7 41% 42 110Mb 17% 42% 77y4 EXCHANGE 55 3 461/2 Jun 97% 182 10% 74% Oct 15% Mar 36 97% 6% 73 MB 43 Ms Aug Dec 183 35% 96% 35% 10% 6% 73% Jun 15 V* *1821/4 35 y4 10% 72% 34 100 96% 96% *182% 183 lOMs 6V2 73 y2 44y8 July 12 43% July 26 Feb 6% 73 Dec Feb 10% 6 Ms 90 51% 11% 10% 6% 19% Oct 73 . 10% 6% * 24% 45% Jb» 10% 41 41 111 111 90 $7 2nd preferred A Oct 12,700 40 Ms 40 % 111 17% •59 42% *19 Va $6 NOV 400 42% 391/4 111 111 18% 79 Ms Oct 5 V* *110»/b 241/2 25 Mi Mar 22 24V* Jan 39% 39 39% 112 901/a 3 5'A 15% 25 July 12 48 15% 90 Ms Jan Jun 16'A *24i/2 12 V* Jun *15% 25 90Ms 54 3 Mr 15Ms 20 Dec 46 15Ms 90 Dec 3 15% 24% Dec 64Mb Jan 15% 19% 61 Mi 6M4 28,600 25 19 Mi Jan 44 2y# July 13 16 'A 19% 69 M2 Dec 460 .15% 91 Ms Jun Nov 3% 59'/2 16Mb 25 Jan 21% Jun 59Ms 15Ms 91 37 Jan IM2 17% 59% 16 .10 24Ms Feb 4 4% Mar 23 93% Oct 13 13% 39 Ms *110 NEW YORK STOCK 8'A May 19 July 31 17 17% 591/4 15% 18 •58 16Mb 16 '/a 76% I per share 5V* July 13 Oct 17 Ms 59 17% 58 Ms 15% prior preferred:.————100 Highest 6% 17 161/8 17% 58'A 16 15 Ms 4,300 18% 59 18 58y8 15% * 4,000 15% 18 58 STOCKS Lowest Highest Feb 4% — American Cyanamid Co com Range for Year 1950 Year 1949 I per share 79Ms *30% American Colortype Co American Crystal Sugar com 87 19 Rang* for Previous Lowest 79% _100 Mar 22 Dec 80% 65,100 1,700 No par No par 51 36% Mar 80 1,700 .... 13% 79 Ms 75% 7% preferred 30% Nov 27 120 80% No par 21'A July 13 Dec 80'A No par com 38% Dec 51% 80'A convertible preferred 47% Sep 19% Dec 19% Oct Mar 80 M» 13M4 78% 55% Jun 26 Jun Jan 15% 52 13% 18 82 71% July 51% 13'A Feb 22 - 511/4 13% 79 120% May 24 178 Jan Feb 50 Ms 131/4 American Car & Fdry com 90% July 26 Sep 33% .52M2 50 17 Dec 187% 162 % 14 MB 16'A 6,600 - 43 161 50 *15y2 i0,400 5% *38'A 162 13% 18 106% Jun *1591/2 50 Oct Jan 172% Mar 19% July Shoe Co 163 Ms 13% Jan 14% Apr 21 8% Apr 21 39% 4% 43 162 50 , 2,900 98% 5'A 13% 2 100 36% 98 49 Ms 10 _ American Bosch Corp "When issued" Amer Brake 36 5'/b *38 43 *38 41 1641% 50 common preferred *163 36% 991/4 5 13% 35 3 60 6% *37 163 36% 98M4 36 50 190 13 3% Jan 21% American Bank Note 41 163 35% 10Q preferred conv *37 43 164 V2 *163 991/4 991/4 991/4 13% 5 7% Jan Dec 81 cum 98M4 36 50 27 Jan 4% *37 98'A 36 44% 46M4 991/4 100 I common 100 American Broadcasting Co Inc—„1 American Cable & Radio Corp 1 American Can Co common ___,25 7% preferred 100 10% 98 V* Corp....Nopar Amer Agricultural Chemical—No par 27 Jun 2% Airlines 46% Petroleum Jun — 30% Mar Amerada 9% Jun y« Jun 27 — *99 100 2,' 700 17,800 122 6% 121% 7 122 7 Ma 18 • 7Ma 28 y4 111 26% *109 671/2 67% 35 34 18 17% 7'/b *6% 27% 111 67% 68 35% 34% 10 1,000 68 35% 17% 71/4 13 7 18'A 7 50 50 51% 52 52 52% 47% 45% 47% 46% 47% 47% 48 120Ms 121 Ms 120 Ms 120 Ms II91/3 121% 18,900 2,600 I2OM2 120 Ms " 1,100 2,500 36,500 400 12 The Commercial and Financial Chronicle (208) NEW Range for Year 1950 Year1949 Lowest Lowest Highest $ per t per share $ per share 8% 6 Jun 49% Jun 38% Jun 94 Jun 105% Jun 114 69 77% Jan 51% Dec NEW 91 Nov 2 53 39% July 26 28 Aur 10 100% Mar 13 1053/4 Nov 17 Oct 8 167/a Dec 107% July 31 .14% Apr 18 117% Jun 13% Mar 19% Dec 27 7% July 13% Jan 8% July 13 12% Jan 9 LOW Armour prior preferred Armstrong Cork Co com 30% Feb 50% Nov 80 • 97% 3 118 Oct 31 4 109 Oct 19 Jun 105% Jan 39% July 12 100% Jan 16 Jun 105% Nov 103% Jan 15 10% Dec 59% Mar 152% Dec xl7% Dec 30 114% *114% 115% 19 19% 19% mi¬ 11 103/4 10% 103/4 ll 10% Artloom $1.20 cum Associated Dry Goods common 6% 1st preferred 7% 2nd Associates Investment Atch Topeka & Santa 5% 29 A T F Inc 12 Atlantic Coast 1 13 70% Dec 28 Atlantic Dec 68 Jan 28 86 Nov 18 Atl G & W I SS Lines Mar 86 Jun 27 95 Nov 6 30% Jun 42% 36% Jan 24 75% Dec 18 60% Dec 22 613% DeC 29 993/4 Jan 5 102 Dec ' 1053% Nov 27 22% July 13 24% Aug 25% Nov 24 5% Line Atlantic RR 115% 114% 115% 115% 116 *18% 18% 18% 18% 13% 18% 11% 10% 10% 11% 24 24 23% 24% 24% 24% 28% 28% 293/4 29 29% 293/4 30% 28% 28% 28% 28% 28% 287/e 29 29% 29% 29% 23% 2,400 22% 34,600 21 »/a 43% 3 53% *110 111 70% 20% 109 104 *104 104% 104% 43% 43 43 43% 43 % 43 3/i 433/4 .153 153 110 *43 111 : 152% 154 *110 17 17% 18% 18% 159% 110% 110 250 106 23C 43 % 900 160% 157% *110 10200 110% 600 .17% 16% 17 16 3/i 16% 16% 16% 11,200 19% 18% 19 18% 18% 18% 18% 4,500 10,000 71 85 84% 95 *91 % 25 72% 72% 71% 723/8 71% 723/i 61 61 603/i 60% 60% 60% 104 104 103% 103 34 253/4 25% 70% 105 25% 25% 153% 110% 600 I7 703/4 104 155 2,900 10,300 - 19 «. *83% 25% *109 109 111 152% *91% 71% 43% *110 111 95 *25% 22% 109 85 5 22 108% 104 *91% 100 21% 110% 104% *83% B 21% 110 104% 19% *18% 21% 21% „ 110 105 17% 17 ! 21% 110 *104 43 % 152% 21% *24 —100 Corp 290 1,200 25 No par Preferred $3.75 series *114% 440 102% 283/8 104 Common "when issued" Atlas 48% 102% 28% common—.1 Refining common 49 102% 25 109% —10 preferred non-cum 48 3/i 102% 24% 20% —.10 94 48% 103 28% 109% - —100 City Electric Co 48% 103 25 104 ,.1 Fe com...100 16% Dec 49 28 10 preferred non-cum 48 3 4 28% *24 100 Cj 48% 10% 100 preferred 48% 28% 2,50 preferred—No par conv 73 Jan 10% No'par Industries Inc.— 47 Jun " 5 Carpet Co Inc.. Feb 20 3,700 114% Feb 93% 3,100 49 43 19% 77 Dec 12% 92 115% 63 41 11% 91% *19 3/s 32% Jun Jan 12% 90 "114% 213% Jun 19 Jan 11 111% Dec 27 103/4 July 13 Jan 2 113/4 89 No par 25 Mar Apr 12% 90 convertible preferred Constable Corp $4 Arnold 203/4 Sep Mar 10 15 98 11% 89 1033/i July 12 104 12% 91% *102% Ashland Oil & Refining Co com—_1 Sep 12% 90% 104 Arvln Dec 12%: 90% 104 19 Dec 12% 893/4 104 28 101% Shares 110,600': 12 88% 48 23 109 the Week $ per share 11% *103% 28 3/8 Oct Apr Sales for Jan. 12 $ per share $ per share t per share No pai 273/4 Oct Feb $ per share Vrid's Jan. II Thursday Jan. 10 No pai 283/4 Sep Apr PRICES wednesday Jan. 9 preferred—— $3.75 July 13 87 SALE Tuesday 88% No par July 17 95 HIGH AND Jan. 8 $ oer share of Illinois com.——5 Co <fc $0 conv 21 11% Monday Jan. 6 21 24 Monday, January 15, 1951 RECORD Saturday Par . ' 11% Dec 13 Dec 15% STOCK STOCK $ per share 13 Jan YORK EXCHANGE Highest share 7% Jan Dec 101% YORK STOCKS Range (or Previous . . 70% 71% 70% 71% 71 71% 84% *83 85 •84 85 95 *91 % 95 *91% 95 713/4 85 85 200 95 *91% — — M 71% 71% 72 % 72V4 733/b 11,400 60% . 72% 60% 60% 61 61 61 % 1,900 103% 104 104 25% 26 103 % 104 25% • 25% 104 25% 690 25% 9,900 3,000 Atlas Powders- 28% Sep 5' Feb 40 27' Dec 27 4% 31% Dec 7 30' Dec 116 2 July 13 Atlas 100 Feb Dec 105 15 Sep 20% Jan 15 4% Feb 7% Sep 6% Jun 15% Dec 143/4 Jun 29 16 5% Jun 29 113/4 Dec 143/4 Jan 13% Feb 4% 110 Jun Jan 8 93/4 Nov 17; Feb 28 Common Conv 7% Jan 9% Apr 18 44% Jan 37% Jan 4 53% Apr 18 $2.25 ■10% Dec 26 15% Jan 25 Babbitt 5 15 % Aug 3 40 *117 40% 119 39 383/b 40 118 403/4 119 113 29% 293/4 30 30% 30% 9 9% 9% 103/8 10% 10% 9% 39 39 118 118 118 31 31 *28 31 30% No par 39 *117 29% 10% *15% 16% 16% __5c Avco Mfg Corp 39% *117 = *28 10% 10% 10% 103/4 123/4 13 13 13 No par Co— »• (The) common.—_3 preferred conv *117 - of Amer„_5 Automatic Canteen Co Jun 4% 100 —No'par prior pref ($1.20) Autocar 12 34% Jun 17% Mar 41 119 *40% —20 20' 10% July 11*. 5% Jan 3 10% Nov (vdting) convertible pfd ser A Tack Cbrp—— Austin Nichols common 16% *16% 11 73/4 7% 73/4 7% 7% 48% 473/4 48% 47% 47% 16% 10% . 7% *473/4 No par ■■ 10% 103/4 11 10% 13% 13% 133/a 13% *16 17 210 600 103/8 10 16% > 13% , 10% 12% 16% 10% 13% , 9% ./:• *16 15,000 ' 17 400 10% 7,800 13 3/s , 4,100 7% 7 S/8 7% 73/4 7% 62,900 47% 7% 47 47% 47% x47% 473/i 2,400 11% 11% lls/8 b Jun 15 Nor 8% Jun...» 12% Jan 9% July 7% Jun 11% Jan 9 *13 14% 14% Jun 22% Jun 60% 38 Jan 72 July < Jun 53 Sep 21% Jan 36 Jun 41 Feb 3 Dec 29 % Jun 29 Dec 98 Feb 9 20% Jan 74 Barker Brothers 8 : Jan 26 Convertible 4%% 5% Corp 34% May 17 Beatrice Foods Co common. 108 May 11 34% Dec 33% Dec 3 3 %% 29 30 Mills Inc 23% Feb 25 May - 23% Jun 129% Jun 36 Dec 33% Jan 141 Dec 22% Jun 313/s Mar Oct 25% July 14 31% Apr 20 30% Jan 13 139% Jan 21 13% ■< r 33% 32 % 33 % 33% 333% 333/8 333/4 2,700 1 17% 18 18 17% 18 17 3/i 18% 17% 17% 18 18% 1,700 28 28 % 28% 283/4 11% Mar 9 23 July 13 9% Jan 3 Aircraft Bendix Aviation Beneficial Indus Loan common: Cum pfd $3.25 ser of 1946.No par Benguet Consdl Mining Co__18 pesos 21 Best & 39% May 26 Best Foods 49% Dec Bethlehem Steel (Del) com No par 1% pieferred _...._.loo 28 30.% Nov 9 1 —___— Blgelowr-Sanford Carpet Birmingham Electric Co 17% Jun 22 Range for Year 1950 Lowest Highest $ per share 30% NEW YORK Highest $ per share 343/4 Oct 24 27 193/s Dec 27 Black & Decker Mfg Co Blaw-Knox Co 1 11% Jun 27 15% pec 18 3/i Dec 28 Bliss Dec 15 Dec (E W) 17% Jun 253/4 Mar 13% Jan 22% Jan 3 41% Dec 18 21 Boeing Aug 27 223/4 Mar 25 35% Dec 18 Bohn 60 Jan 10 Bon 60 Aug Aug 18 13% Nov 38% Mar Jan 64 Jan 32% Jan 19% July 39 4 Dec 29 11% Dec 8 x24% Jan 17% Oct 19 51 Dec 45 July 17 Apr 59% Dec 55 Feb 15 98% Dec 97% Apr 1 1"% Jan 30, 2% Bliss 12 12% July 13 8% Dec 20 91% May 1% Mar 42% 8 Jan 9% Dec 51% Nov 12 16 Dec 22 3/s Dec Jun Jan 6% Jun 21% Jun 20% Jun 25% Oct 98 Jan 18% Jan 9" Jan 29% Mar 95 Jan 15% Jun 13% Jun 120' Feb 7% Jun 8% Mar 47% Jan 9% 73/4 Feb 20 Jun 39 Dec 12% Dec 40 Dec 1023/4 Dec 24 Dec 193/4 Dec 125 Sep 13% Dec 29 10 36% Mar 100 Feb 35% Dec 34% Jan 18% Dec 17 36 Jan 70% Jun 73 Apr 13% Jun 7 3 Feb 17 Jun 98% Jun 20% Jun SO Feb 62 . 1 May Jun 3% Jun 16% Jun 9% Jan 98 Sep 35% Jun 16% Jan .10% Jun 40% Jan 3 Mar 29 80 84 Dec 82% Jan 16 3/. Jan 12% July la Dec Jun July Dec May 60 4 2T 82 Feb 8 24% Jan 18 Mar 31 108% July 12 8% July 12 693/4 Mar 4% Mar 33/4 Jan 7. 13 xl7 July 12. Deo 100 Dec 26% Jan x21 105 1 Apr 26 28. 83/4 Dec 27 5 105% Jan 24- 2 Oct l3/. Feb 5% Jan 4 8 3% Dec 29 28 8% Dec 28 17% Jun 27 26% Dec 21 Feb 8% July 13, July 14 94 40 Jan 5 15% Nov 30 13% Mar 30 12% Mar 163/4 Dec 56% Nor 52 see Jan Feb 60 For footnotes Friday Sales for Jan.12 the Week I per share 373/4 393/4 38% 39% 39% 185/s 16% 17. , 19% 185/s 19%-. 19 19 3/i 22,000 16% 16% 17 16% 17 50,400 193/4 20 : Shares 40 5.500 18% 18 5/8 183/4 19% 3,600 40 3/s 40% 41 423/4 42% 43% 403/4 425/8 41% 42% 415/8 423/4 25,400 35% * 5 353/4 353/8 36 353/4 36 %. 35 36 353/8 36%'-' 35 3/i 36% 7,200 39% 40 39 40 13% 14 14 14%" 14% 14% 2,570 18 18% 17% 183/4 18% 18% 30,500 9% 9% 9% 9% 3/600 19%/' 183/4 19% 19% 193/4 v 41 40 40% 39% 40 13% 133/4 13% 13% 13% 13% 17% 18 % 18 18% 18% 18% Inc.—1.25 9% '9% 9% 9% 9% 9% ■ ,9% x40 40 3 4 9 2,030 51 5 51 51% 51% 63% 633/a 63% 103 % 103% 103% .3% 51% 64% 102 % 2% * 51% 64 " 65 102 % 51% 513/« 513/4 64% 653/s 64% "102 % 103 % "102% - 103 % 52 1% issued"_100 3% 1% 15% issued"—100 19% 18% 19 175/8 173/4 2% ; 2% 5,400 67 17,100 103 51% 18% 33/8 52 66 103 66% 103 40 2% 25/s 223,900 18% 2 %. 18% 79,400 19,400 453/4 47 %. 47% 48 27 27 273/4 273/i 28 12% 123/4 13 12% 13% 28% 30 30 7 32 31% 32% 30% 30 3C 30 30 Co__ ■ 14 13% 14% 14% 15 145/8 14% 15% 15% 16% 40,900 313/4 31% 32% 32% 33% 32% 32 32% 32 5/8 33% 19,000 29% 29% 29% 293/4 32 32 % 333/4 105% "103% 105% 100 conv com preferred Shoe Co Inc preferred (The) Co Bush 40% 52% 52% 11% 12 y8 12 *54 55% "54 4*% Butte 105 , —__5 22 22% *124 125% "103% 20 5/i 213/4 22% "124, 22% 125% 20% 22% "124 39 39% 39% 39% 523/8 52 3% v 52% 52% 500 12% 12% 12% 12% 10,000 54 54 "54 21% I251/4 171/B "124 89% "88 55 "102% "103% 1043/4 203/4 20,100 52% 56 "54 105 20®/a 1,800 ' 343/4 105% IO43/4 20% 20% - 203/4 215/8 22% "124 125% * "103% 20% , 22% r 125% 22% 6,100 22% , *124 = 100 1043/4 20% 2,200 19,100 125% *89 89 88s/8 42 42, 42% 44. 44% 44% 43,% 44% 43% 44 28% 28% 28 3/» 29% 29% 295/8 29 29% 28 3A 29% 39% 39% 31% 39% 39% 39% 39% 39% 1,500 31% 31% 32% 30% 31%' 31 313/8 38,200 98% 3f% 98% 32 3/« *97% 98% 99 99 99% *99, 99% 16% 16 S/8 17 16 3/i 90% . preferred——100 126 127% 100 *84 "89 " 87 _i _„j preferred—100 common: 14% 11. *125 —__15 preferred Copper & Zinc— 13 % _Iioo *83% —5 9* 14t% 13% 85 24%- 9ya 24% ♦1013/4 102% No par 253/4 26 "89 • 39% 130 "84 14%' 14% 11 11 "11 "125 • - 126 87 ; 143/s 11 y8 _No par Co__ "84 16% 90% "126" 127 participating preferred—*_100 Jackson 105 203/a 30 34 "103% 12% 12 56 30 = Nopar Nopar ____5 Terminal Byron "103% 20% " Byers Co 1AM) common 7% *103% 20% "54 ~ 55 % 30 35 105% 39% 39 "52% 12% "103% 1051% 1 Bush-Term Bldg 7% Bros 52% "393/4 12 Burroughs Adding Machine—Nonpar Butler 39% 403/8 52 % ."—No par Bulova Watch Co Ihc preferred 39% "52% 33% 335/8 "103% 12 100 ——,___ conv: 2nd 343% 40 . 293/4 29% 30 105% 34 52% No par No par L $5 preferred Buffalo Forge: Co Co 30 "103% < ■ 15 common: common. v- _i ; preferred—/. *103 No par 40 Bigelow—i 1,030 133/4 313/4 cum 3,700 15,400 31% No par preferred , 127 •125 13 8% 17 < 39% 393/4' 29% 39% '31'%' "99 99% "99 16% 16% 16% 16% 88 5/a 88% 88% 42% 43% 2,500 285/s 29 6,000r "116 126 "122 87 "84 87 ' 126 "84 128% 39% 87 14% 14% 11% 10% 125 127 14% 14% 11 10% "125 125 *122 14% 120 1,300 87 14% 11 % •' 14% 13,200 11% 11 125 126 400 125 *84 - 50,500 • 2,200 126 250 13% - 24% 123/4 13 12 Va 12% 12% 13% 13 13% 12,400 85 "83 ... 16% 84% 85 84% 85 85 85%' 84%- 84% 560 9% 9% 25\ 101% 26 3/i 27 % 59 59 24%- 102% 101% 27 93/4 " 28 93/4 93/4 93/e 93/4 25,000 23% 24% 101% 102% 243/4 25% 24% 25% 9,400 102 % 102% 102% 103% 200 273/a 26% 27% 6,800 58 58 9% 251/4 102% 26% 27 271/8 9V2 c 19 Dec 400 Jan. 11 Thursday 453/4 3%% 24 5,200 $ per share 13% 3%% 15% Nov 25 26 51 16% Burlington Mills Cot^ common—1 4% preferred 100 58 % Dec Oct 15% 41 Brunswick-Balke-Collender Bucyrus Erie Co common . 1,200 PRICES 28% $3.60 28 55 21 15% 30% Dee 8 153/4 Dec 15% 463/4 Brown 100 3/s Aug 17 120 Dec 28 3 May 15% Bullard 50% Dec 12% 29 15% 12% 20. 34% Feb 41 28% 17 45% 40 Apr 109% Mar 29% "15 92,100 ■" t per share 19% 30% Dec 1838 % Oct 21 36% Deo 223/4 Jan 28% 155/8 56% 26% 7% 5 28% 7,500 154 13 Budd Oct 55 % 153% 26 1 27 56% 153% 47% 25 24% Jan 35% 34% 34% 54% 12% 12 Oct 34% 453/4 Jun 88 34% 25% 97 % Oct Oct 3,700 1274 18% Jun 127 29% 253/4 5'% 11 92% July 25 153/4 May 3 10% Dec 27 283/4 123/8 Brown & 21% Dec 28 58 43% Apr 3 14 % July 13 Mar Jun 14 14% Oct 24 Oct 29% " "when Brooklyn Union Gas- 53 126 144,100 29% xl6 % 38% 19 15 Roller Bearing 33/4% July 10 3 1% Jan. 10 37% common—- "when new 400 1% Wednesday Jan. !) 1 Corp /10,700 1% 152% SALE Sper share 19 No par Club ' ' 1% 28% Tuesday Xan. 8 I per share Bristol-Myers .Co coihmon——2.50 =44% May 17 253/4 Feb Monday HIGH 16,700 1% 553/4 17 AND 82 15% 29 "16 17% 1.50U 21% "80 151 5/B ^ ___No par Briggs & Stratton 18 Nov 24 91 9 29% May 19 31% Dec 28. 105% Jan 58 31% July a 17% Mar 36 11% Dec 12 104 91 122 36 Vi Jun 2 193/* Dec Jun 6% Jun Jun 15% Nov 27 16 95 *97% Jun 28% 29 215/B 21% 82 4,400 > 56% 25% 26 18% July 14 15% July 17 121% Jun 26 12% Jan 3 12% Feb 29% Jun Not 28% "16 21% "80 55 3/i 52% 37% 5 A.. 56 = 1515/8 151% 18% 183/4 18% 94 11,300 60 28% 18 5 32% Jan July 12 74% Jan Apr >: 17% 345/s - 56 151 % 36% 2.50 "28 > 30% 29 3434 543/8 54% 155 300 82 13 Airways Inc.. 2.50 Brewing Corp of America __15 Bridgeport Brass Co__ .Nopar Briggs Manufacturing Corp..Np par Bower 313/4 July 13 483/4 Sep 26 Oct May 28 3/i 34% 34% 52% 18 5/e Braniff Apr 20 76 13% 30% 36 (The)— 1 preferred 23 27 23% Mar 24 100 61% July 26% Jun 77- 293/4 18 3/8 preferred ___100 Boston & Maine RR (assentedV—100 25% Oct 27% July 13 25% July 14 Dec 30% 35% Brass : Co 133/a Dec 73/4 Mar 10 Jan 33 30% f per share 3%% 9 Apr 29% Nov 105% 1% 34% "80 « 55 81 "151 82 32% "92 213/4 80% No par Inc Borg-Warner 14 27 Jan 32 class Stores Borden 27 5% Dec & Book-of-the-Month 5 7c 6% 21% 1% 1 Class B Common 25% 21% 82% 34% "30% 32% 18 56% No par Laughlin Inc.— Airplane Co_ Co 21%' 54% 13/8 Saturday Co Aluminum Ami Bond 73% May 26 102 & 56% "81 81% 31% 94 17% 1% Jan. 6 26 14% 21% 32 "92 18 1% "80 53% 28% Par . 13% Jun Jun 1 "16 EXCHANGE $ per share 25 % Apr Jun 21% 31% 94 1% 523/4 STOCK Jan 9% 55 LOW 15% Nov 8% 55 "17% "92% » 30% 343/8 No par 18 95 53% 151%. 151% —Np par 18 "94 82 1% 1 18 95 21% "30 Co *80 29% 13 53% "80 31% Oct 29%. 29% 28% 81% ;"94 17% 21% 10 11 "17% 96 533/e 23 . 22% Jun 10% Jun 173/8 "94 5 ._ 13 30% 293/8 10 100 *79% 13% STnrifs Year 1949 Lowest ___1 common.. preferred Range for Previous i per share Corp Howell Co 4%% 28 "80 32 3/i 81% 13 Feb Nov 81% 50 2,900 32% Co *79% 2% Jan 156 " "31% 32% Bell & 90 32 32 32 3/4 Bell 14 32 2,100 • 323/4 12: 26 32 33% 102 10 23 Dec 32% 33 "101 34% 18% Oct Jun 31 % 34 102 ,. 28% Dec 1 '101 *"33% 1 79 33% 34 102 133/a 3 20% July 27 31% 102 32 34% 12% Feb Dec 333/8 103 9,100 13% 13% Jan 2% July 27% Oct 103 103 40 22,500 34% Feb 85 84 33% 33 32% 103 115/8 133/4 Jun 277/s Nov 33% 104% 28 11% 34% 16 r *32% ' 34% 16% Dec 11% 373/4 275% 28% 11% 13% Feb Jan 27 11% 13% Jun 1% 28% 11% 34% 10% 21% Feb 27 11% 13% 11% 73% 28% 11% *103 2.50 RR Packing Beldihg-Hemihway 53% Dec 18 263/4 May 3 12.50 373/4 38 273/4 11% 34% Beech-Nut 34% Jan "37% 38 27 11% 6,200 *80 5 Dec *37 25% 113/4 19% 13% 34% Jan 37% 38 253/s ll'/a 130 19% 81% July 13 5 19% 14,700 34% Creek Jun 18 19% 25% conv cum 30% 193/4 Oct 19% 72% "34% Beech 1003/4 Oct 19% 2,500 69% 34% 6 4 19% • "34% 21 18: 10 72% 50 90% Oct 32 % Feb 13 70 *31 13% Dec Feb 72% 70 32 7 12% Jan 69% 25,200 "i 26 313/4 12 x85 * 72 43 * 32% 73/4 Feb Feb 70 "31 29% Jan Mar 253/i 69% *37 •/. 38 263/s 69% pfd No par Beck Shoe (A S) 4%% pfd100 Beech Aircraft Corp.. :__i div Feb = *37 42% "253/4 68% 193/a 19% 43 26% 323/8 Jan 28 18% 41% 25% 68% 3,500 95,100 164,800 - 31% Nov Mar 183/4 42% 26% 69% 70 69% 41% 25% 11% 32% $1.50 * 67% 38 42 40% 25% 69 , 11% *313/4 10% ' 66% *37 L., l No par common 69 18% convertible preferred—100 Beaunit 25% 69 393/4 11% *68% 25% 64 L.10 11% - 40% 40% 25% —50 . Inc..—£ 11% 40 __10 preferred Works Corp.. Cigars 11% 69 100 common Iron Bayuk 32% Jun 22% (Delaware) Bath 86% 98 14% 213/4 preferred 253/4 July 26 13% Jan 9 30' Jan Oil 39 19 15% Mar 25 Jun Barber 203/. Feb 39% July 13 153/4 July 12 30 17 135/b 22 4% non-cum preferred ..100 Bangor & Aroostook common—-.50 9% Jun Oct 14% 205/s 11 14% Jan 11% Jun 13 % 21% 28 357/. Dec 85 13% 20% Oct 74% Aug 17 613/i Dec 28' 6% Jun 26 13% 21% Dec Oct 7 14% 203/4 28 3 12 27% Jun Mar 133/4 203/4 40 21 69 13% 20 29 Apr Jan 101 13% 20% Baltimore & Onio common. Mar 33% >• 123/. Nov 133/4 20% 28 15% 26% Nov •7% 11% 13 3/s 100 20% Dec 63 11% 11% —13 Corp 27 17% 9% Feb 11% Jun __...L.L..1 Jun 173/4 Feb i Dec 15 Inc 17% Jun Jan 25 Jun (B T) Baldwin-Lima-Hamilton page 22. Sep 14 12% Feb 2« 106 Feb 28 43 Va Oct 9 21% Dec 11 223/a Dec 20 California Packing common—No par 5% preferred 50 Callahan Zinc-Lead1 Calumet & Hecla Cons Copper Us Campbell W & C Foundry..,—No par Canada. IJry Gtpger Ale com—1.66% $4.25 conv preferred— Canada Southern Ry Co Canadian Breweries Ltd Canadian Pacific Ry 60 Dec 20 Cannon 19 Dec Capital Admin class A 12 57% May 15 Mills $3 preferred A— No par —100 59% *50xs« 59% 51 *50TV 3% 3% 3% 9% 9% 9%, 27: 11% 102 27% 11% 102 273A 11% 102% 58 33/4 10 58% 58% 50 .V %' 51 50-/k *50 A 33/4 10% ? 28% 11% ' 103 28% 113/4 3% ,4 10% , 29 12 3s/s 10 y8 28% 113/4 • 573/4 58% 51 103% 103 4 28% 1114 51 90 4 50,500 10% 10% 28% 28% 12 y2 1033/4 103 2,600 & 3% *50 51 10 y8 29 Vi 12 ,103% 58% *50^ 3»/8 > 3% 10% 103% - 12% 10% 75,900 28% 4,100 12% 53,500 104 y2 105 *413/4 43 370 ' 41% 41% *41% 42% *413/4 42% 42 42 —Nopar 16% 16% 16% 16% 16% 16% 16% 16% 16 y8 16% 16 y8 16% 1600 25 22% 227/e 22% 22% 22% 23 3/i 22% 23 y4 22% 23 y8 22% 23 % 95,400 59% 60% *59% 60% 58% 59 59% 593/4 No par common "59 61% 1 "18 3% 18% *18 Jo 183/4 54% 54% *54% 55%. . *18% 183/4 *54 V* 55% 58 , 59 - ^ ♦17% • * 18 *54% 55% *41% 18 ♦54% 43 18 55% > 18% 18 % •54% 55% 50 700 . 800 80 Volume 173 Number 4977 .. . The Commercial and Financial Chronicle (209) ■ . f ' ■ NEW Range for Previous Lowest 5% Feb Range for Year 1950 Lowest Highest $ per share 9% Oct ' JUD 26% 108 Feb Jan 33 8% Jan Dec 25% Jun 35 % 12 J/2 Jun 18 % 30% Mar 6 Feb 30 Jun 131 Jan 26% 11 3 Jan 3 Jun 37% 104% Dec 32% Jan 27 103% Dec 22 34% Dec 50% Dec 156 Carpenter Steel 55 106 Carrier Corp Dec 1 : 13 (J 1) Co, 7% preferred Caterpillar Tractor 29 97 X114 common— 10* 104 % Jan 3 108 Dec 130% Jan 13 141 Aug 18 13% July 13 15% July 14 21 Jan Celotex Corp 15% Jun 18% Jan 14% Jun 7% May 3 Jun 12% Jun 6% Mar- 33% Nov 104% Jan 8 Oct 12 Dec 10% Jun 9% Feb Jan 17 Jan 15 11% Mar 6 9% 11% 14% Oct 14% 3 !l0% Mar 29 38 % Feb 110% Feb Dec Feb 27 8% July 17 9% Jun 27 . 113 27 Dec 20 26% Dec 20 12 16% Mar July 27 4%% ;_i 49 Dec 29 Champion Paper & Fib com—No Dec 18 $4.50 preferred Checker Cab Mfg_ 24 25 77 Nov' 85 Feb 76 3% 8 Jun. Jun 9 Feb 12 May 14 Dec 5 30 35% Dec >Jun 90% Dec 15 17 9% Jan 3 21% Dec 15 % Apr 7% Feb 13% Dec 10% July 12 11% Jan 13 12 % Jun 20 % Nov 19 5% 3 Jun Jun 10 5% Jan 3 16% Dec 21 Jan 4 Jen 5 lw78 Dec 3u 7% Jan 13 23% Dec 26 51 97 Jun 8% Jan Jun 34% Dec 27% Mar 30 Jun 15 Jan II 36% Jan Jan 3 27% Jan 26% Jun 3 21% Jun 29 % Mar 49% Jun: 55% D6c 25% Jun 41% Dec 53% Jan 17 36% Jun 27 56% Jun 82 Dec 77 13% NOV 10 May xl3 Jun 2% 35 Jun 16% 22% Dec 44% Dec 43 , •5% 26 20 19 4 3 % Feb 14 Jun 60 Jan 45% Jan 30% Dec 36 Jan 44% Jun 68 % Dec 29% July 19 62% July 13 3 86% Dec 22 44 Dec 19 Chile 84% Oct *9 Chrysler 5%% S per share $ per share 26% Apr 32% 97% Jan 105% Feb 42% Jan 6% Feb x20 Lowest s per 27% JUly 26 Jan 24 361/4 Dec Dec 41% Dec 15 C 8% Dec 68% Mar 22 8% Npv 20 93 May 12 Jun 86 Jan 6% Jun 30 34% 16 Jun 82 Sep 20% Jun 30% 67 Nov 85 Jan 3 28% Dec 19 34 16 % Feb Dec 19% Oct 16 Mar -11 138 36% Mar Mar 20% 105 43% 112% Jun Jun 28% Dec Jan 108 Aug 401/4 Dec C C C & St Louis 150 Sep 19 87 Nov 18 38% July 26 Sep 6 xl08 23% July 13 106% Oct 30 471/2 May 8 112% Mar 5% 4 Dec 73 Feb 73 Nov 43 Jan 4 293/4 Dec 28 15% Jan 12% Jan 3 43 5% 17 Dec 62% Jan 37 Jan 3 36% 101% Dec 3% July 21% 133 Jun July 70% Nov Xl24% Jun 1075 Jan 29% Feb 89. Jan 36% Dec 105 % Dec 5% Jan "0% '.*1% 29% July 17 99% JUly 12 \ 3% July 11 Feb Sep ;2% Jan 172 1075 437/8 100 Sep Jan 22 Mar 27 134% July 27 '70% July 17 112% Dec 946 7 Dec 18 Dec 37% July 17 Dec 95 Dec 21 5% Jan Feb Dec 28 Jan 3 1Q04 Oct 50"- Nov 4% Jan 14% July 17 22 19 Jan 14 % Mar 30 23 % Oct Oct $3.50 16 % Feb 15 16 Jan 13 373/4 Dec 21 16% Jan 13 41% Dec 21 7% Jun 16% Dec 15% Jan 13 38% Dec 17% Jun 29% Dec 25% JUly 11 40% Oct Jun 28% Dec 25 40 5% 11 16% 11 Dec July 12 11 Oct Feb 13% Oct July 26 10% Dec 8 68% Sep 57 723/4 Oct 26% Jun 32% Oct 30% Jun 29 433/4 Dec Jun 22% Sep 18% Nov 22 s/b Mar 14 24% Apr 26 43% Dec 18 Dec Dec Dec 7% Jun Jun 25% Feb 2% Jun 21% *106 Feb Apr 10% Aug Nov 34% Dec 30% 4% 29% 109 Jan Dec Oct 15% July 5 26% Dec 12 8% July 18 20% July 12 •25%. JUly 13 3% Feb 15 26% July 12 106% July 19 Dec 2b 112% Dec 18 105 - % Sep 26 11 Jun ,8 38% Feb Jun 46% Mar 11% Feb 9% July 5 40% July 28 21% 15 18 Jun 7% Jun 8 Jun. 29% July 103% Apr 105% Apr: Jan 12% Mar 10% Dec 12% Apr 10% July 13 * Jun 9% Mar 24y4 Nov 18 33% Mar 16 35% 89% 89% 1,800 17 18% 17% 22% 18% 21% 15,100 22% 23 22 23 22 223A 22% 23% 8,700 13% Dec 7 Sep 15 3 6 Feb 6 7% Dec 28 41 335/8 May 19 109% Mar 18 27% JUn 13 12% 133/8 13 133/8 13% 13% 135/B 14 30% 31 32% 32% ,33% 31% 32% 313/a 31% 31% 35 31% 35% 35% 36% 35% 36 35% 36 35% 16% 36% 16% 17 16% 163/4 16 3A 17% 165/a 17 ll7% Apr 473/4 Feb. 28% Dec 6 22 6,400 213/a 223/4 215/a 223A 22% 431/4 22% 43% 43% 43% 433/4 44% 42% 44 423A 42 % 44% 43% 44% 42% 42 42% 423/a 43% 413/4 43 413A 42 41'A 42 63 62i/2 63 62% 62% €2 62 *62% 63 53% 51% 53% 52 523/4 53 53% 9,700 89 88% 89 90 90% 89% 90% 2,200 12 par *62 63% 52% 53 52% 52% 53 89 , 89 *88% 89% 89 18 Ill 101% Jan 11 106% Dec 14% Apr 24 37% Deo l30% Dec 96 Jun 102% Dec 102% Feb 8 • , 12% 12% 12 y8 12% 12% 12% 12 12 3/b 18 18% 18% 18% 183/4 18% *18% 18% 18% 63/4 65/a 6% 6% 6% 6S/8 83 46 72% 83% 833% 46 72% 45 45 73% 74% 74 ,, 84 LOW AND Tuesday 32% 321/2* 37 37 44 443/8 8% 37 37" 43% 44 43 3A 8% 9 *89% 32% 33% 105% , 40% 36% 37% 44 3A 435/8 44 9% 103/8 91 30% 30 30% 4,100 20'% 20% 203A 203A 20% 201/s 205/b X19% 20% 203/4 21 3,600 41% 413/4 175 41% 6,800 I 41'A 41 162 *142 41% 41% *150 . 95 *85, *85 41% 175 r 42 *145 95 *85 175 • *145 95 *84% 42% 437A 43% 111% HO'/s 1101/8 43% 110 323A 32% 106% *106'% 32 107 106% 44% 44% 110 41% 110 32% 110 106% 73 y2 72 72 *71 *41 42 41% 41% *411% 42 41% 30% 30 31% 31 313/4 30 31% 32 32% 33% 32% 107% 108% 107% 29% 1 313/0 5 313/4 107% 107% 4% 41/8 41/a 35 y4 107 34% 35% 107 4% 35 *133 136 *900 48 100 100 - ♦99% 100 19% -19% 20 48 48% 20% 20% 21% 20 21% 73 303A 4 343/a 134% 134% 100% 19% 20% 21% 36 38% 2nd preferred—_100 . 323/8 4 35% 135 — 50% 35% 136 91 129% 136 100 91 500 132 8,500 *1.000 493/4 50% 100 300 203/a 193/4 20 7,800 205/a 21% 21% 22 60,000 27 3,800 1,080 255/s ; 263/8 36 26% 37 365/a 37 38 38 39 39" 26% 355/8 355/8, 35% 36% 37 *36% 37% *36% 37% 28 5/8 29 1,230 210 29 28% 29% 28% 29% 29% 29% 29% 30 28% 28% 28% 283/a 28% 6,900 28% 283A 28% 29 29% 29% 5.300 Inc.—No par 13 y4 common—Ho par Co——__No par 1 133/8 12% *62 133/a 13% *62 63 V2 13% 13% 13 13% 13% 12% 125/fi 12% 12 12% 12% 63% 631% 63% *63 64% *63% 121/a 12% " 13% 12% 13% 1J3/4 13% 200 463/4 44% 46 3A 45% 465/8 44 45 44 45% 45% 46 20 20 20 9,000 20 20% 20% 20% 20% 20% 203/a 203A 7,800 39 39% 393/b 40 40 38% 40 43% 10 433/4 22 % 29% 45% 45% 22% 22% 22 »A 29 10 291/8 29% 393A 40 453/a • 46 23 23% 29% 29% 39 393A 39% 45% 45% 45% 40 46 473/8 17,400 23 > 24 235/e 24% 24 24% 29% 283A 28% 47,700 27,000 103/s 10,400 x285/8 32 7% 285/8 28% 10 10 Va 10 10 10 10 10% 10% 24% 24 241/a 24 243/8 24% 25 24% 25% 32 32 32 32% 32% 32% 32% 32% 325/a 1,700 8% 8% 46,200 par1 303/s 30% 30% 303/4 48,500 par common.:-—No par 107i/2 107% 107'/4 1,600 243A 25% 8,500 Series * 7% 8% 8'% 85/8 8% 32% 8% 30% 305/8 30'% 30% 30% 30% 106% ■ 303/8 24% Co 9% v 107% 1065/s 106% 106% 106% 253/a 25% 25% 245/B 253/a ' 8 8.400 23% 10 24'% 32 *24- 30 '/2 *106'A .1—No 107 ' 8 107 '83/4 ■ B-^_ series C 100 25 25J/8 108 % *1061/2 114 114 *113% 115y2 - 100 114 114 243A 25 112% 112% 112% 112% *112% 113 *106% 108% *106% 108% *106% 108% *106% 108% *106% 108% 14% 10% 14% 145/s 153/8 14% 143/i 14% 15 113/8 *11 130 Corp—1.33 Vi Consolidated Laundries Corp:-. 5" *10% 11 11% 11% Consolidated Natural Gas—,—15 *47'/2 48 471/4 48 47% 47% 46% 47 45% 47 47% 48 28% 29 283A 29 28 5A 29% 275/a 29% 28 29 28% 29% pfd_* Co Consumers Power Co com 143/8 14 " _100 10% 11 „11% 15 *11 15% IP/a 9,700 1,000 4,600 12,300 19,000 1" 14 y8 14'/2 14% 14'A 14 14 14% 14-% 15% Inc—10c r 155/8 16 1-5% 16 15% 16 15% 16 15% 15% 15% 153/4 17®,8 173A 173/4 19 19 19% 18% 19'A 18% 183A 18% 18% 80,900 No par31 % 313/4 111%, 31% 32% 31% 32 31% 31% 315/a 32% 313A 32% 25,900 1 preferred—:—No par prefferred-,.—JNo.par 4 41% JUn 23 ContinentarCan Inc common 107Va July 19 preferred— 7,300 , Consolidated Grocejrs Consol RR of Cuba 6% 3,700 65 19% No pax ' preferred 47,000 12% *63% 45 5 —— . ' 65 " Inc— Credit Co ► No par w W Consol Edison of N Y com___No $3.75 5,200 *99% 193A 37 Conde Nast Publishing Co—No par Congoleum-Nairn Inc——No par Cdnsolidated ,Cigar—„ No par Consolidated Coppermines Corp—5 . 5,400 28% Solvents—No par Commonwealth Edison CO —25 $4.50 200 35% 28% Commercial $4.52 7,200 4,900 *351/2 Engineering Preferred ,41/2% 50 70 23,400 -2.50 Columbus & So Ohio Elec Co Preferred 4% 73 42% 30% fnc cl A—2.50 preferred Baltimore 50 36 Columbia Gas System "of 80 2,200 107 108 3A *99%. 100 37 253/4 "5,900 32% 4 92 99% 45% 110 108% 131 48% 86 X31% 129 ' ,175 4 *.91 *975 30 260 32% 92% 483/4 73 *41% 93 108% 1293/4 38" 3 *111 *109' 1093A 34'/2 343/4 *105 106'A 17'/2 20 Continental "50 % July 13 5% Jun 29 •78% Jan H Continental Insurance.. 9 3/4 Dec 28 Continental 28 Continental Oil'of Delaware-.^—5 Motors—.:— 32% 33 *104 % 106 12% 123A 5' . 10 1 • 93'/2 .*73 , 111 111% *109 109% *105 17% 9% 91V2' 74 y2 ^ 97/8 92 • *93 3A 111% 14% 14% 15% * 111% 111% 111% 111% 111% 111% 1093/4 1093/4 109% 109 110 109%. 109% 34% 343A 177A 93 Vz —No par Diamond Fibre— 30 Dec 32 Va 108 35 20'/a *106% 73 42 48% 21% 26% 107 30% 4 *91 i *106% 42 *975 19% - 32 33% 126% 48'/8 100 110 32 108 134 92% 45% > 111 73 34% 127% *975 48 *99 133% *923/8 123% *925 900% 20% 133% 923A 45 41% *145 *84% 41% 313/a 4 4'/a 35 1233/4 92% 122 48 19% 343/4 135 135 923A 120 4 *71 73 95 32 32% 106% 107 443/8 *89% *109 32% 37 $5 19,400 91 30% *72 ■ 10% 91 303A *89% 50 " 320 14,500 30'A ^32 *106% _No par 103/a - , 4,300 443A 91 41 423/4 '*110% Corp 44 10 5/8 15,100 r 30% * Continental Baking"Co com..No par $5.50 preferred ^No par 06 10 Shares 325/a 90 95 par 32% *104% 105'A 36% 37% . 30% 162 100 $ per share 32% 104% 105 36% 50 29 100 x32 1 90 No par common— Sales for the Week 30% *85 ———100 64,500 Friday 43% 93A 50 74% Jan. 12 36 i 290 45 Thursday * per share — > 84 1 73% 30% 90 *142 32 84 *44 44 U. 73% Jan.11 105% * 84 . 8,600 PRICES $ per share "44% 9% ' 72% 600 2,100 7 30'A 30 20% 20 36% 87/a *89% 104% 741/4 44 Jan. 10 32®/8 105% 31V4 323/8 105% \ : Wednesday ; S per share 325/a 32% 105% "' SALE 83 44% 72% Jan. 9 t per share 105%*lp5% —_100 — . 84 83% *44 HIGH Monday Jan. 8 ^ t per share / Ry Co com_^_100 131/4 Dec For footnotes see page 22. 83 *44 72% Saturday * 5 — 19% Jan 24 Jan 24 25 6% 83 *44 Nopar gtd stock-— 17,900 18% 6% Par Co 1% 31,900 123/s 18 6% Jan. r> : ' 400 12% ! * . 6,400 8% July 17 55% Jan . : *17% Container Corp of Am cOra new-10 4% preferred ————100 July 28 • 39 1131/4 May 12-. 17% Dec 88 • ; *12% •• Consolidated Retail Stores Inc- Nov Jun v 26 4 Jan, *62% ! 38% Superheater 4,000 7,600 9,200 19,700 10% *36% Commercial 52,300 .. 109,900 10% 38% Carbon - L 25% 13% Dec 28 11 Janr I61/4 37 12 108% May 24 143/4 Sep 25 123/4 Jan 28 Jan 30% 16% 26 19 32% Dec 85 Xl2% ,, 35% " 111/4 Feb 30% Feb 4 Dec 22% 52% 108 353/8 89% 17% *86 • 23 109 65% Oct 36%;. 89% 16% 91 37% Columbian 52,900 35 91 17% *86 36% Pictures 400 17% 91 26 cum 3,200 16% " 17% I *86 26 $4.25 40 9% 343% *33 17 91 38'% non-cum 1,500 3,900 106 8% 33 36% 36 46% 46s/8 105% 9% 33 3lVa Columbia , 9 33 34% 36 46 3/4 107 21% 110% Dec - 36% 93/8 *32% 36% 46% *106 22 113% Dec 28 35% 35% 8% 32 ' - 21% Mar 16 7 35% 8% 31% *343/4 46 107 21% 36 Dec 13% .47% Feb 35% 8% 31 31 36 453/4 *106 21% 28 Jan 33 8% 35 46% 107 10% -10% May 8 8% 36i/4 45% *106 24% Textile Deo 8% 36 46% 106 25% 38% Nov 30 l 46% 105 52 — 6 61% Jun 35% t-,35% 47 11 ' Vultee Aircraft— 78% 8% 35% 105 52% Consolidated 9% Deo 34,600 25 Consolidated jun 5% Jun 27 10% July 13 93 6% Jun, 56% Feb 16% 105/8 Dec Deo 15% 51 17'A Sep 22 x98 15% 23% 19 10*3* 14% 11 10% Jan 25 36 151/4 243/8 * Cons Gais Elec Lt & Pwr 23 14% Jan 11% Sep 14% 513A Nopar Corp com__No pary preferred :^__20 conv Combustion 27% Dec 24% 15% 10 —No par Columbia Broad Sys Class B 28 July 11 .18% 30% 15 33V2 24 Jan 15% 16,100 363/4 4% 141/4 Apr 13 14% Oct 13 48% Mar 25% 365/8 Colorado & Southern Ry corn—100 4% non-cum 1st preferred—100 21 20% 36 50 3/4 Cola Fuel & Iron 245/8 Nov 24- Dec Dec Jun 36% i preferred Collins & Aikman 6 Jan 13% 34% Colgate-Palmolive-Peet com—No 17% 60% 36 24 17% Feb 34 27 Jun 46% 36% 92% Jun 21% Feb: 36 119% 7% 13 36% 15 preferred———100 8% Jun 35 15% (The) com—No par Coca-Cola lnternatl Corp—.No par 10 3)100 35% 23 Coca-Cola Co 101V2 May 22 17% 2nd cum 1,000 10 11 Clopay Corp 1 Cluett Peabody & Co com.—No par 1% preferred— ——100 18 92 143 14% 223/4 9% 51% conv!pfd cum 13% 22% 23% Molybdenum. 41/2% 26 165 & Pitts RR Clinton Foods Inc 5 34% Dec Feb 9% 7% 9% 14 223/4l 103/4 , —- Special gtd 4% 112% Mar 16 Jun 19% Cleve 373/4 Mar 15 .12% Jun' 9% 10 50% 25 preferred preferred Climax Mar 14 xl3% 15 133/4 *22% 9% 9% 23 Cleve Graph "Bronze CO common—1 1073/4 May 29 61% 10% Aug 24% Jun 14 »/8 22% 9% 9% 23 Cleve Elec Illuminating corn—No par $4.50 preferred— —Nopar 31% Dec 29 29,500 133/4 9% * 50% E<Aiipment C6 —i non-cum 1,700 22% __25 . Clbrk 1 253/e 50% Corp 29 Mar 30 72 Dec Oct 108 Jun Mar 15 *24% 16% City Investing Co cbmmon 5 5%% preferred L——1—100 20% Jun 23 24 Jan I T Financial 24% 22% 131/3 Cincinnati Gas & Elec. com—8.50 4% preferred .—^_100 Cincinnati Milling Machine Co—10 29 24% 35 —100 ' City Products Corp: City Stores Co—1 79% 25 26 2,700 241/4 10 >■. 59% 25% 1 - 4 243/4 10% Co__Nopar Exchange 34% Ffeb 24 109 Va Mar 25% 51 —. 29% 3 25 23 1 103% July 26 233/4 10% Oil. Sep Sep Dec 243/4 25% 50V4 NEW YORK STOCK $ per share 30 2,200 25% , * Corp Highest share 24 22% Copper Co— Range for Year 1950 Highest 24% 23% 1113/4 141/4 STOCKS Year 1949 24 % 23% *111% * par -L common- Range for Previous Lowest *23% 3,600 1113/4 *111% 23% *30% 100 preferred 111% 4,400 93/8 35 22 % preference—No par Cotton Chickasha 111% 41s/8 91/4 34% 16% preferred series A _ioo ' Chicago Yellow Cab —Nopar Childs Co *111% 41 9%, 34% 14 35% Conv Sep 11 7% Jun 22 111% 34 -Nopar5" Chic Rock Is & Pac RR 88% Mar 17 13% Apr 19 111% 40 3/4 9% 4,700 23% *88 .——100 preferred convertible 10,300 14% *30 ,_No par St Paul'& P Chicago Pneumat Tool com—No $3 2,400 91/8 18%- 23, 8% Chicago & North West com__No 28' 53 % Dec 1—1 —( Mifw 193A 9% 173/8 14% _1.25 Series A preferred- 11 Dec 62% Dec 13% Jan Jan Chic 28 July 12 11V* July 26 Jan 5% 30 % Dec 19% 9% 17%,. 22% .46 40 B 9% 9 * l047/8 — Class 19% . 141/4 *35 par Chicago Corp (The) 1 Chicago Great West Ry Co com__50 5% preferred L 50 ' Chic Ind & Louisv Ry Co cl A 25 v 11 14 600 19% 341/a 24% 16% 40% 93% 333/4 112 163/8 40% 40 9% 33% 30 165/8 22% No par A 40% 9% 400 30,200 8% 33% 40% 27,100 106V8 142 17% 17% 9% 45% 45% 106 Va 163A 91/8 33% 41 1,000 165/B 175/8 33% 11,400 *16% 19% 8% 17 533/8 1053/4 16% 163A 19 % 130 52 14% convertible preferred.—100 Class 10 32% Dec 37% Dec 3 9% Dec 3%% *163/s 24,700 35 Chic & East-111 RR Co com__No par * 18 % Jan 7%-Jan 4% 17' -24 28 Dec *140% x9% 24 9 of Virginia 5 Chesapeake & Ohio Ry common—25 ' 29 July 445/a 453/a *1053/4 106 Va *140% 142 45% 106 5,800 593/4 153% *1045/8 141% 163/a 16% 9% *151 ' 53% IO53/4: 14% Chesapeake Corp 28 4% Feb 5% Jan 435/8 18 152 513A *1045/8 22% —No par — 91% 17% ; 531/4 *40% 112 *23% 107 24 152 400 10 57% IO51/2 9% *111% 501 9 18 18 33 —50 Belt Co 8% 106 . 57 56% ( 41% 9% 32% 100 — 19% 9 18% 41% • 98 32% Oct 46% 20 Dec 1 45% 197/a Dec 26% DSC . 52 105% 20 9 18 31% Jan 53% *16 19% 19 y2 1 98% 34% 57 153 105% 46 .No par 91 Nov 521/4 105% 45% 5 Chain 27 55% 16ya 29 2 52% *104% 46% 9% *151% 16% Dec 10 % Jun 57% 153 161% 36 8 56% *151% 6,400 37% 9% 19,100 19% *36% 9% 16% 25% July 12 30% Jan 3 6% Dec 193/4 36% 16% 31% Nov Dec 19% 9% 105% 105% 46% *105% 19% 36% 16% 29 9% 52 196/8 361/2. 93/4 , 16% 18% Apr 5 56 151% 19% 36% 10 16% 11% July 26 Jan 54 19% 9% 16% Dec Jun 54 151% 49 36% 36 16% 16% 5% Aug 9% 16% 22% July 18% Jun. , 53 Century Ribbon MiHs—1—No par! Cerro de Pasco Copper Corp_ 5 Certain-Teed Copper Corp— 1 * 12' 37 9% 20 6% July 14 17% Mar 30 Sep *36 9% 48 141% Oct 9% Oct 20 37 . 106 Jun 24 19 Va 141% Dec 34% Dec 28 19% 106 8% j 7,100 19% *140% 13% 3 491/4 32 49 141% 21% 12% Jan 49 2;900 1,700 31% 106 6% July I 315/a 108 48% *140% 14% July 9 % Jun - 80 31% 108 49% *104% Central & South West Corp com—51 Central Violeta Sugar Co -19.50 1 108% 108 *105 % Central RR Co of N J class A Class B *1075A *107% 106 ; Co vtc preferred *1075/8 108% 31% 313/4 107 140% 15% preferred series B vtc 100 Central Hudson G & E Corp__No par Central Illinois Light common * 2 9 & Central of Ga Ry 163/4 140 % Aguirre Sugar CO—• Central Foundry Co—4. 39% Dec 26 July 13 preferred 13% 165/a No par common Central 6 3 30 Oct 5% 26 Jan Jan 8% July 13 Dec Dec 11% Apr -17% Dec 4 15 * Dec 112 % 3 17% Apr 16 *20% Aug 29 7% July 17 Jan 24% -Jan 36% Jan l 10 13% 16% 31% 54% Dec 26% 133/b 165/a xlOl 151% 105% Jun 13% 16% 49 % 151% 132% Dec 13% 13% 16% 31% —100 — •Preferred 4,20% ——. _100 Celanese Corp of Amer com—No par $4.75 1st preferred-^.—_No par * 7% 2nd preferred——— 100; 9 29' 123/4 16% , Apr Apr 477/a Dec 13% 16% 49% g3/4 Shares 13% 16% 49% 53% the Week 13% 31% —1 Sales foe Jan. 12 Sper share 16% x31% _25 Friday Jan.11 share per 19% 03s • Thursday t per share Jan. 10 t 50 191/3 Jun 23% 32 % *49% 50 Corp- common— Wednesday Jan. 0 t per share 13% , 108% 32 % 10 series— 16% 108% • Tuesday t per share 13% 16% 5 common Carriers & General Case 1 Mar Co Conv preferred 4% 18 May $ per share 10 Carolina Clinch & Ohio Ry 100 Carolina Power & Llght_____No par 28 39% May 29% Mar 21 Dec Jan. 8 Capital Airlines Inc Carey (Philip) Mfg Co l 10% Jun 16 56% Nov 15 35% July 13. 100% Aug- 1 20% May 21% May 20 140 Monday Jan. 6 Par 110% July 13 34% Mar 16 x7% Mar 13 Nov LOW AND HIGH SALE PRICES Saturday share 15% July 13 33% Dec 19 Sep 8% Nov Nov Jan -30 % Jan 37% 146 RECORD EXCHANGE 14% Dec 28 13 27% July 27 Jan $ per July 26 102 Dec 45% STOCK NEW YORK STOCK Highest $ per share 14 100 YORK ' , STOCKS Year 1949 t per share —- 33% 34% 32% 33% 32% 34% 335/a 34% 106'A *105% 106% 105% 106'A *105% *109 112 580 106% 10 17% 17% 173/4 105% 17% *105% 18 17% 17% 173/4 18% 12,400 94 945/8 94»/8 943A 93% 94% 94% 941/2 350 331/8 33'A 105 '/a 12% 125/a 123/« 125/a 12% 12% 12% -12 3/4 12% 12% 72% 74 72 3A 73% 70 9% 10'A 89 •240 6,700 943/a 105% 9% 10,200 10% 92 333/4 106 91% 341/4 106 92 33 3A *104 34% 108 - 335/3 *104 34 106 333/8 *104 34 18,500 200 106 4,600 72 69 3A 72 70% 72 3.600 95/8 10 9®/8 10 93A 10 57 400 89% 91 88% 89% 91. 91% - 9,700 13 14 The Commercial and Financial Chronicle (210) NEW Range for Year 1950 Year 1949 11% 193/4 Lowest Highest Lowest t per $ per share Dec 24% Jun 13% Jan 20 9 Jun 55% May 12% Feb 12 Jun 19% 51% July NEW Highest STOCK 3 Saturday 27% Nov 25 July 17 12 Jun 17 41 Dec 27 22% Dec SALE Friday Sales for Jan.11 Jan. 1:1 the Week S per share S per share Thursday Jan.10 $ per share $ per share I per share PRICES Wednesday Jan. 9 26% 4,600 26% 26% 26% 4,400 *54% 26% 26% 26% 26% 27% 27 27% 261/4 No par *54% 55% *54% 55% 54% 54% 54% 541/4 34% 39% 39% 42% 41 421/2 38% 41 39% 40% 38% 40% 21,300 22% 23 22% 23% 23 23'% 21% 22% 22 22% 21% 22% 19,600 *49% 51 *49% 51 Corp preferred prior $3 28 Copper 26% 26% 26% 26% 26% 26% 26V4 26% *54 49 Dec 52 Feb 46% July 14 51% Oct 24 50 50 *49% 51 7 Jun 11% Dec 10% Jan 17 % Apr 22 Cornell Dubilier Electric 15% 15% 15% 15% 15% 16% 15% 16 15% 16% 49% Mar 58% Dec 57 76 17 Corn 71 71 70 70% 69% 70% 70 70% 69% 70 20 Apr 30% Dec 94 Jan 102 % Dec 92 % 57 102 Jan Jan Sep 73% Dec 3 July 17 13 Apr 102 % Aug 17 Nov July 13 72"% Jan Cum Corn 40% 40% 41% 40 % 42 42% 42% 102% *101% 1021/4 *101i/2 1021/4 *101% 102 *101% 102 % series of 1947-100 pfd 3%% *104% 105% 104% 104% 103% 103% *1031/4 104% 103% 103% *103% 103% 120 66% 67% 66 % 66% 66% 67% 66% 67% 4,600 Products Refining 5 176% July 13 3% Aug 3 187% Apr 1% July 13 2% Feb 25 Coty International Corp Crane 21% Jun 22% July 13 23 Jan 11 Jan 5 Creameries 4 Cream of Wheat Corp Nov 10 Dec 14 14 29% Dec 26% Jun 30 30% Mar 13% Oct 19'/a Jan 12% July 13 Jan 42% Apr 32% Jun 20 Jun 30 Dec 94 Mar 105 Dec 14 Nov 24 Jan 49 Nov 72% Jan 54 31 Apr 17% Jun 26 16% Dec 15% Jun 27 Feb 14 July 12% 160 Feb 160 May 5% May 8% Mar Jun 73 Jan 10% Nov 13 % Feb 16 25% Dec 60 Jun Feb 4% 8% Oct Feb 41% Oct 19 27% Jan 13 49% Dec 28 102% Jan 11 105% May 16% Jan 3 Mar 31 175 7% July 64% July 13 7 18% 133 22 % Dec 28 180 Nov 5 % ; 9% Apr 7% Jan Jun 24% Jan 27 -5 10% Oct 50% 50% 49'% 50 49% No par *103% 103% 103% 104 1031/8 Steel of Amer com—No par convertible 18 20% Jan 3 24 % $7 3,500 2% 18,300 28% 22,800 28% 291/4 103 103 ♦102% 28% 29 104% ♦102% 100 104 12% 12 12% 12 12% 12 12% 8,000 281/4 28% 28'A 23 28% 28% 28% 1,100 21,800 16 15% 15% 16% 16 16% 39% 36% 37 38 37% 37% 600 50 48 % 49% 49% 49% 49% 49 % 5,900 103% 103% 103% 103% 35% 103% 15% *36% 104 -770 37 104 14,200 36% 37 36% 37 37% 38 341/2 37% 37 % 36 85% 84 84% 85% 86 85% 85% 85 85% 85% 85% 2,200 28% 26% 28% 27% 28% 28 28% 1,460 23% 23% 23% 22% 23% 23 23% 28 100 *170 10 23% 23% 23% 200 10% 100 27% 23% 23% 27% 28 *170 10% 10% *69 71 *11 11% *25% 26 10% 10% ♦70 70 70 *11% *25% *170 200 200 10% 73 200 ♦170 10% *170 10% 10% *70% 70 70 11% 10% 11% 10% 26 26 25% 10% 11 26 200 25% *25% *170 10% 10% 74 8,200 200 10% 14,400 : 74 *70% 200 11 11% 11% 3,200 26% 26% 26% 1,100 9% 30,000 " Publishing common—No Class 20 4% 2% 85 2.50 preferred preferred A * 9 par * 104% *53% 1 11% 11% 1 24% 24% common , — 125 Feb 21 ;22% Feb 17 32 % Dec 29 Cushinan's Sons Inc 7% Cutler-Hammer Inc 13% Jan 13 26% Dec 30 Dana Jan 12 99 % Dec 2 8% 9% No par No par Jan 26% 4% 2% *27 8 1 Jan 137 28% 4% 2% 100 Inc— Curtis-Wright 8 Jan *38 Aug Press 20 183 4% 2% 2% 2% 183 185 ♦183 4% 4% 29% 103 184 *182 20 100 preferred pfd. non-cum Prior 28 12% Dec 28 Corp common—5 preferred Cudahy Packing Co common.. 4 % '!o preferred—. 148% Nov 25 3 28 15% 7% 77% Oct 31 55% Jan 27% *36% Curtis - 27% 15% 25 5 27% 37'% Cuneo 44% July 13 12% 15 Cunningham Drug Stores Inc 102% Dec 12 37% 19 Oct 11% 15% 22 Nov 11% 36% 13% Jan 52% 11% Cuban-American Sugar common—10 20 10% Oct Crucible *102% 15% preferred Cuba RR 6% 28% 1041% 36% 26 % Nov 145 % Sep 6 28% *102% 41 4% 2% 2% 27% 104% No par July 13 July 13 Jun Mar 19% 15 Jan 2% 2% 27% *102% 28 184 4% 4% common--—2.50 preferred $4.20 29 82% Nov (The) 9% July 17 20 Dec 43 % 3 $2 2%. *182 184 4% 2 America Crown Zellerbach 5 34% Dec 25 of 4% 1 common preferred Crown Cork & Seal 3 27 Jun 109 17% Jan 3%% *182 184 4% 67 25 105 14% *182 1 66% 67 41 100 31 27 36% 21 Co 30% Jan Sep Jar *66% —;—.——1 101 Jan 104 Feb 8% preferred Coty Inc Dec 32% Jun 96 7% 6 41 common_25 100 Oct 13 4,700 40% Dec 6% Mar 1,250 102% 2% Sep 7,900 41% 5% 189 Jan 16% 69% 16 x68% 102% 1% Jun 50 51 *49% 51 *101% preferred 3% Mar 171% *49% 110 53 -100 Glass Works common 3%% 3 105 pref 5% series 50 Corp 1 Exchange Bank & Tr Co—20 Corning 30 100% July 11 62 Convertible 45% Nov 27 18 28% Jan 100 Oct Shares 26% 55 % 26% common—5 14 Corp Cooper-Bessemer 26 14% Jun Monday, January 15, 1951 26% 26% 55"% Ma' 13 Jan Steel HIGH Tuesday Jan. 8 t per share . Range Co No par Copperweld Steel Co common 5 27% Nov 24 53% July 25 Continental AND Monday Jan. 6 Par . RECORD LOW STOCK YORK EXCHANGE $ per share $ per share share Jan 15% Jun YORK STOCKS Range for Previous . — pfd_; 100 ' 11% 24% *129 132% 32% 9 8% 8% 103% 104% 103% 54 54% 54% 57 *54% 11% 11% 12% 11% 12 24% 24% 25 24% 25 *129 32% 32% 132% 32% 103%' 55 55 11% 11% 11% 11% 92,900 24% 25 24% -25% 6,600 *129 32% 31% 550 104 103% 55 132% *129 9 9% 103% 8% 104 54 132% 32% 32% 8% 9% 105 *53% 54 *129 No par 104 104% 31 132% ♦129 ■? 700 132% 32% 3,200 28% 32% 32 ' 6,600 D 9 Jun 15% Mar 87 Jan 96% "Nov 96 14% 13% July 10 11% July "15 17% May Jan 31 26% Jan May 98% Aug Jan 92% Dec 22% *16% Mar 92 Dec Jan 100% Dec 15% Jan 12% Nov Jun 9% 4% May Jan 19% May 10 17% Feb 31 Dec 17 30 34% Mar 17 1 5% convertible preferred—; (The). Dayton Power & Light common Davison Chemical Corp Preferred 3.75% series A Preferred 3.75% series B——100 Preferred 3.90% series C 11% Jan 3 6% Jun 27 18% Dec 10 29 Jan 5 Decca Records Inc " 981/2 15% 171/4 *16% 29% 100 15% 28% 29% 28 >98% 15% 28% 28% *99 101 *99 100 15 15% 15% 101 15% 15% *16 1,300 17% *16% 17'% *16% 17% 16% 16% 32% ' 33% 32% 33 33 34% 32% 34% 32% 33% 33% 34 % 21,100 30% 30% 30% 30% 30% 30% 30% 30% 30% 32% 31% 32% 10,800 98% 130 97% > *98 99 17 *99 *98 99 100 *99 100 *99 100 *99 100 99% 99% 101 101 101 *101 102 "101% 102% 17% 18% *100% 101 *100% 18 18 * 98% 99 *97 *99 ' 100 5 50c ' 29% 29% 100 15% 15 15% 100 ' 100 ; Dayton Rubber Co *98% 1 *16% V 7 102% Mar 21 July 24 *15 l 102% Aug 21 102% Sep 1 5 28%" 29% 106 *98 20 96 July 29% preferred series A100 Davega Stores Corp common—-2.50 96% May 24 100 7% 3 18% July 13 28 i, July 26 Corp common 3%% 17% 981/4 18% 18 98% 18% 17% 18% *99 100 10 '101% 102% 18 17% 30 8,900 50c 8% 8% 8% 8% 8% 8% 8% 8% 8% 6% 17 Jun 29 Jan 22 Jan 3 41% Dec 30 Deep Rock Oil Corp 1 43% 44% 43% 44% 43% 441/2 42% 43% 43 44 43% 44% 7,200 30% Jun 43% Oct 38% Jan 4 59% Dec 20 Deere & Co common No par 59 59% 59 59% 60 60% 59% 60% 59% 60% 60 61% 11,900 31 Mar 36% Sep 34% July 13 37 13 36% 35% 35% 36% 35% 36 36 36 26 Jun 40% Jan 29% Jan 3 45% Dec 19 45 45% 45% 46% 46 46% 45 % 46% 45% 46% 46 47% 9,000 Jun 9% Jan 7% Jun 27 14% Dec 20 Delaware Lack & 50 13% 14 13% 13% 13% 14% 13% 14% 13% 14% 14% 15% 19 Jun 22% Dec 19 Dec 100,400 20 23% Jun 21 Delaware Power & Light Co—-13.50 20% 19 Jun 30% Deo 24% Jun 29 58 34% Jun 53% Dec 42% Jun 27 12% Dec 14% Dec 20 Jan 23% Sep 12 Apr 20 21% July 13 50 Jun 58 Jan 5% Oct 7% preferred Delaware & * 20 •. Hudson 100 Western *35% - *35% • 8% 8% *35% • 30,690 36 500 *20% 20% 20% 20% 20% 20% 21 % 20% 21% 20% 21% 9,900 100 55% 55% 55% 55% 55% " 57% 56 58 56% 58% 57% 58 7,200 100 70% 71% Denver & Rio Grande West RR 4% 9% Jun Jan 52% July 12 5% July 12 Dec 72% Dec Escrow ctfs for 28 29 common Escrow ctfs for preferred 70% 71 71% 71% 72% 73% 8 16% 16% 16% 16% 161/4 16% 16 16% 16 16% 16 16% 7,300 20 22% 23 22% 23 22 % 23 22% 22% 22% 22% 22% 22% 11,700 17% May 26 Derby Oil Co 24 May 19 Detroit 68 Feb Detroit Hillsdale & S W RR Co—100 8 2 May 16 (The) Edison Detroit-Michigan Stove Co 1 15 Jun 24% Mar 21% Mar 13 32% Nov 17 Jun 13% 12% Jun 27% Nov 22 Detroit Steel Corp De Vilblss Co_ 1 11% 16% Jun 22% Nov 18% July 13 16% Dec Devoe 31% Sep 40 35% Mar 8 49 Dec 7 18 37 Dec 21 *62 Nov Jan 29 34% Dec 9% Jun 13% Dec 11% Mar 31 6% Jun 9% Nov 6% July 13 12% Jun 18% Deo 17 July 13 29 16% Dec 27 9% Jan & Diamond $1.50 Match cum Diana 29% Nov 24 Lowest Highest share 9% Feb 17 Feb 38% Nov 35 45% Jun 53% 48% Jun 10 14% Mar Jun July 12% Nov 38% 18% Jan Highest 1 share 24% 25 Jan 5 per 12% Jan NEW 11 Divco 47% Oct 18 Dixie Cup Class A 57 May 24 13 10 July 17 25% July 12 Jan 9 Dec 36% Jan 4 Feb 72% Sep Oct 11% July 25 69% Jan 13 97 Dec 28 Douglas 43 Apr >57% Dec 54% Jan 13 83 % Dec 19 Dow 25/64 Dec 16 5S Dec 19 101% Apr 108% Sep 107 Sep 27 111% Jun 15 101 Apr 123% Dec 119% Jan 13 181 19 24% May 86% Jan Sep 11% Mar 8"% Jun Oct 18 14% 78 16% July 17 20% Dec 43 % Oct 81 Mar 7 July 12 11% Mar 27 Nov 60% Jan 124% Oct 122% Jan 9 Jan 102% Aug 101% Jan 51 51% Dec 9% 63% Feb 97% 12 9% Dec 11 Jun Jun 15% Jun -12% Jun 13 . 7% July 7% Jun 38% Jun Jan 20% Mar 17% Jan Dec 6 14 Y$ Jun Apr 88 Jan 10% Feb 94% Oct 21% Oct 18 6 88% Dec x22 13 27 13 10 Jan 48% Nov 40 July 17 Oct 171 Dec 6 Jan 29 Jan 13 Dec Dec Dec 95 8 Dec 33% Apr 45% Dec 12% Feb 17% Dec 32% Mar 36% Oct 2% Jan 1% Jun 34% 10% Jun 13% Mar 17% Jun 28% Nov 48 Jun 75 Jan 23% Aug 8% Jun 14% July 12 88% Aug 25 xl2% July 12 May 8% 42% Jan Nov 51% 29 Oct May 14% Deo Sep 14 Jun 5 Jan 18% Nov Jun 35% Jan 105 Dec Deo 9% Jun 7 Dec 14% Jan 28% 28% 3%% 8 3 Dec 28 28% Feb 23 48 Aug 25 21% Aug 3 52% Apr 26 28% Jan 6 13% Feb 22% Aug 29 20% Jun 1 15 15 15% Dec 13 28% Nov 29 100 Dec 20 8 6 July 12 104% Nov 15 24% Jun 5 11% Deo 8% July 13 5% Apr Jun 27 2% Nov 6 14% Dec 44 1 Mar 21 4y8Jan 10 109% *180 184 14 83 77% 29/64 103 15% 99% 16% 78% A 108% 108% *108% 109 180 *180 183 *176 ia 32 103 80% A It 14 21% 92% 91 92 '21% 20 20 14% 15% Steel Co 124 xl05 105 53 53 53 23% 24% 19% 19% 124% "105 19% 19% 19% Corp— 5 common——-10 900 13,300 80% 26,000 i7c 29/64 1,055,100 80 80% 29/64 21% 22% 21% 22 *108% 109% *180 183 92% 14% 92% *19 20 15% 19% *91 19% *91 15 15% 21% 300 22% 91 91 *19 40,700 20 15 .140 200 15% 21,400 > 17% 17% 17% 17% 46 46% 46% *52% 11 • *47% 85 *123% 124 *105% 105% 53 52% 52% 11% 10% 11 10% 23% 85 24% 24% 19% • 20 *19 48 47% 83% 124% 105% ' 19% 84% *123% 105 *52% 85% 84% 84 40,200 124% 123% 124 105% 105% 105% *52% 11% 11 " 11 23% .'600 600 53 53 90 : 2,900 24% 23% 24 24% 7,100 19 19% 19% 19% 19% 19% 27,000 *19 19% 19% 19% 19% 20% 1,700 17% 18% 16% 17% 17 177/a 17% 17% 13,200 48 . 48"% 47% 48% 47% 48 47% 48% 21,900 487/a *47% 48% *47% *48% 48 *47% 47 % common *178 2 37 37% 37% 37% 37% 38% 37 38% 37% 38 37% 37% 7,800 1 17% 17% 17 17% 17% 17% 17% 17% 17% 17% 16% 17% 3,300 —100 2.50 common —100 *93 15% *98 182 12% 45% 19% 46 *37% 39 No par Elgin National Watch Co 15 common 10 preferred *98 12% 2 Electric Storage Battery 15% 15% 5 (The) *93 95 101 1 common *178 2 20 15% 15% *98 95 157/a 101 181 181 *93 182 94% *93 15% 15% *98 xl5% 101 *98 13 12% 13 12% 12% xll% 46 46 47% 46 47% 20 21% 21% 22% 20% 21% 40% 39% 39% *38% 2 15% 24% *93 95 101 182 45% '* 43% 15% 182 12% 2 43% *178 48 100 - preferred convertible 83% 83% *123% 105% 20 19V8 *19% *46 Electric Auto-Lite 83 83% 124% 24 Elastic Stop Nut Co 5% 16% 99% 82% 21% 23% 1 10* issued" Co 124% *105 10 preferred 5%% 15% 101% 80% 21% 11s 25% *39 40% 2% 42% 15%. 15% 24% 2 43 25% 2 42% 43% 15% 16 25% 26% 2 2% 42% 15% 42% 16 24% 25% 182 94% 157/a 101 *181 182 *93 15% 6,900 101 12% *12% 12% 3,000 45% 47% 47% 48% 31,000 21 21% 20% 21% 33,100 *38% 2 42% 39% *39 39% 100 2% 2% 2% 25,700 43% 43% 43% 2,200 15% 16 % 25% 26% 16% 25 16% 3,200 25% % 13,400 *62 70 *62 70 *65 75 *62 72 *62 75 *62 75 50 preference 50 94% 15% *98 50 *50 51 *50 *50 51 ->50 51 *50 51 51 50 50 Natural Gas 3 24% 24% 24% 25% 25% 26% 25% 26 25% 26 25% 26% Emerson Electric Mfg Co—: 21% 21% 21% 21% 13,800 4 21% 22 21% 21% n% 21% 21 21% 11,100 El Paso Emerson Radio & Phonograph Empire District Electric Co_— 5 10 Endicott Johnson Corp common—25 4% preferred 100 1 Equitable Gas Co Erie RR common— Eversharp Inc Ex-Cell-O Corp Exchange Buffet corp. 15% 17% 49,300 17% 14 17% 13% 17% 17% 17% 17% 17% 17% 17% 17 % 17% 2,900 30% 30% 32% 32% 33 32% 32% 32 32% 32% 32% *101'% 102 *101 % *101 14 102 ' ' 13% 102 102 20% 21% 20% 21% : —1 6% 6% 6% 6% No par Eureka Williams Corp Evans Products Co 13% 5 —: : fl. 19% 19% 69% 69% 60% 60% 19% 19% 70 70 *60% 21 6% '. 20 69% 62% *60% 6% 7% 7 7% 7% 15% 15 A 15 15% 15% 14% 21% 6% 20% 70% 62 7% 21 103 . 100 21% 21% 21% 13,700 6% 6% 6% 6% 21,100 20% 20% 85,700 69% 69% 6% 19% 20% 19% 20% 69% 69% 69 69 62 60% 60% *60% 7 6% 7% 7% 7% 14,700 15% 15% 15% 8,300 19,800 6% *60% 7 13% 12% 13% 43% 43 43 % 4% 4 13% 13% 43% 43% 4 4 ' 62 12% 13% 43% 8,500 103% 43% 13% 42% 4 21% 102 14% 13 13% 42% ' 44% 13 43% 4 21 101% 14% 15% 12% 4 102 14 15% 43 4 14% 15 1 37/a 13% 16 3' 2.50- "20 30% 8.50 5% preferred series A_ —100 " Erie & Pittsburgh RR Co 50- 6% May 5 15% Dec 28 *108% 184 10% May 25 4% July 13 8% Feb 14 109% 20% 10% Dec Jan 109% 10% 68 28 13 Q 66 10 Vt 22. 5 29/64 *52% 9 6% 33 20% Mar 17 33% Jan 13 pfd—50 preferred Manufacturing Co Elliott 40,000 16% 99% ' ' 10,400 s 8 Ekco Products Co 23—, 16% 102% *52 Shares (EI)) & Co— 27 51% Jun Dec Jan Feb 15% 101% 16 16 '/a 14% Equitable Office Bldg 13 .60 75 9,500 99% 13% 7% May 15 19% Dec 28 10% Jan Jan 15 2 19% July 13 52% July 17 Jan page 4 32% 81% *20% Edison Bros Stores Inc 18 32 96 *92 19% Jan Oct 31% 80% 21% Eaton 3% Apr 44% Oct 4,200 96 92% Convertible preferred No par Elec & Mus Ind Amer shares- 1% Jan 35% Apr 19 10% Jun 26 13% 81% *20% Apr 19 39% Oct 25 4%% 13% 96 *92 Eastern Corp 4%% 13% 80% I — Eagle-Plcher Co 2 40 12% 31% preferred—100 Duquesne Light Co 3.75% DWG Cigar Corp. 26 52 % 30% No par Mar 10 52% 32% .—No par May 53% 32% series 98 45% 53% 32% series 15% Dec 44% *52 32% $3.50 102 45% 53% 33 $4.50 7 45% *52 53% 32% Common "When 13% Thursday 12% Preferred 6% % 45 12% Preferred 190 15 45 12% No par Eastman Kodak 15% 12% 106 18 15% 12% 127% Apr 22 52% Nov 30 11% Jan 10 15 45% 21% Duplan Corp 1 15 45 13 Dunhill International 12 15 45% 109% 18 Jun Sales for the Week 45% 185 convertible Friday Jan. 12 S per share 45 % *182 23,900 Jan. 11 14% 15% 28% I per share 14% 15% 27% Jan.10 Wednesday 12% 15% 11,300 PRICES 12% 15 9% $ per share 14% *52 9% 27% 27 28% 3,000 4.300 9% Jan. 9 Tuesday 14% 53% 27% SALE 12% 41 32% Jun 30 *52 28% HIGH 9 $ per share Jan. 8 t per share 21 14 85% Jun 28% Monday f per share 14% Electric Boat 6% see 28% 9 61% For footnotes 28% 49% Oct 13 68 Jun 17 9% 21% July 26 Jan July 3% Feb 3 36% 16% 17% 9% 16 55 6% Jun 36 Vb 17 9% 36 16% 9% 38% July 26 48% Jun Jun 36% 16% 9% 35% 16% 9% 19 18% Dec 4% Jun 35% 16% 35% 16% 9% 13% Dec 12% Dec 14% x29% 100% 36% 16% 35% 16% *108% Eastern Stainless Jun Jan 51 *35% 35% *182 Jun 4,900 x48 9% No par 14% Dec 47% 49% 45% ; 1,300 47% 49% No par 18% Apr 19 52% Nov 27 Deo Jun Jun 48 3,700 49% Saturday Eastern Airlines Inc 14% 47% 24% 49% No par 20% Dec 27 21% Nov 25 96 49% 1,300 24 Vb 49% common—!_50c Dresser Industries 24% Dec 101 24% 16% No par 15% Mar 30 19 24 5 common 13% Jun 30 32% 24% No par Aircraft Chemical Co 13 202 24 6,400 17 24 — __ Jan 21% 31% *16% 23% Jan. 6 Rights $4 preferred series A $3.25 2nd preferred — 164 31% 16% 24 1 16% Mar 13% 31% 16% 23% No par No par 16% >■ 31% 16% *35 STOCK common Du Pont de Nem 119 6% 31% 16% LOW AND Dr. Pepper Co Doehler-Jarvis Corp. Dome Mines Ltd 48% 16% 6% 31% 16% 2 Corp 7 31% 16% 2 Par 15% Jan 6% 7 11,600 65 31% 7 7/8 *62 65 24 ' EXCHANGE 4 29 YORK 6 *62 65 *49% 25 $ per share July 26 6% 6% *62 73% 73% 16% 50c Corp Distill Corp-Seagrams Ltd Range for Year 1950 $ per No par common 65 72% 31 31 Xl6% 16% *62 STOCKS Year 1949 Lowest 23% preferred Stores Range for Previous t per share 2 1 65 x6% 7 31 *16% Diamond T Motor Car Co 5 7 31 5 Raynolds class A *62 65 73 4% *4 -4 1,400 140 5,900 -l',600 Number 4977 Volume 173 . . . The Commercial and Financial Chronicle (211) NEW Range for Previous Lowest Highest Lowest NEW Highest $ per share $ per share $ per share YORK YORK Saturday Par Jun Jan 37'A Mar 10 48% Oct 18 Fairbanks Morse & Co Feb 25% Oct Oct 23% Dec 22% July 12% Dec 26 19»A 12% Aug 15Vs Oct 3 5 2 26% Dec 28 15% Dec Jun 38% Jan 35% Mar 11 53 14% Jun 18% Nov Jun 6% Jan 16% July 3 4'A Feb 14 25% Oct 23 3% 24% Feb Dec 33% July 17 10% Jun 104 Nov 12'% 53 Dec 81% Dec 56 July May Jan 17% 63% July 43 105 Sep 20% ' Dec 107% Mar Jan 69 Dec 17% 11 Ve July Jan 21% Jun 31V2 98% Jan 104% Jan Dec 103 Jan 3 10 July 24 16% July 13 52 July 13 52% Jan 13 105 Feb 15 65 July 17 10% July 13 22% July 26 103 Oct 13 18% May 28 Jan 19 July 17 13Vs 18% Dec 16 July 13 13 Jan 25% 24% ' 15% 15% 15% l 13% 14 13% Nov 25 1 Dec Federal Mining & Smelting 26% 27% 2 55 23% Federal-Mogul Corp 28 Federal 28 Federated Dept Stores common. 4%% preferred Felt & Tarrant Mfg Co. May 25 Jan 12 Oct Feb 19 86% Dec 29 108 Motor Truck No par .. 89 Nov 14 14% Jan 20 33% May 1 Rubber (The) $4 Carpet 13% 13% 13% 27 27% 26% 27% 55% 55% 55% 56% 24 24 24 24% 50% 49% 50% *105 *14 106 105 51% 25 15% 15% 13% 13% 13% 13% 27% 26% 26% 26% 27 57 57% 57 % 57% 57% 57% 24% 24% 24% 25 25 24 % 24% 8% 7% 8% 7% 7% 7% 8 7,000 50 Ve 51% 49% 50% 49% 51 10,800 26 57% 52 50% 105% *105 14 14% 18'A 18% 76% 74 74% 73% 81% 82% 82% 106 106% 106% 77% 78 78% 80 12 12 12% 13 common__No par 25% No par *105 25% 25% 105 % No par 24% 7% 17% 17% 21% 22 Corp_J__. 5,800 18% 18% 6,600 72 72 '72 72% 1,200 83% 86 90% 8,709 106 106 12% 10o% 106 79% 79% *78 105 13'A 12% 79% 13% 105 87 % 180 10G 106 79% 79% 900 13% 13% 8,200 25% 20,900 26% 25% 26% 105% 105% 105 % 25 'A 24% 25 25 25 24% 25 1,900 18 17% 17% 17% 17% 17 % 17% 8,800 21% 22 21% 22 26'/a 105% 247/a 70 15 19% 14% 25'A 17% 26% *105 25 105 84% 12% 1,900 19 72 79 2,100 14% 83% *12'A 4,000 14% 18% *77 3,900 18,300 18% 73% No par 106 4,600 14% 105 105%, 14% 18% 83% 18% - 73 *105 14% 14% *106 1061/2 24% 14 81% 81'A 10,100 51 % 25 18'A *74 Shares 15% 8 105 share 25% 14% 18'A Sales tor the Week S per 51% 51 xl5% No par _ Co preferred Power 14 5 com Florence Stove Co Florida 15% 50 1 I per snare 51% 24% 15% 100 Flintkote Co (The) Aug 10 27"% Feb 2 20% Mar 17 22% Mar 23 24% 15% 100 preferred.; First National Stores Firth 49% 24% 5 10 & 49% 15% 8% 11 Jan. 24% . Friday Jan. TJ Thursday Jan.10 I per share 48% 7% 25 4%% 48% 8% Firestone Tire 9 47% 8 Ferro Enamel Corp., Fidelity Phoenix Fire Ins N Y 8 May 108 Co 48 PRICES Wednes lay t per share 24% 15% Family Finance Corp Fedders-Quigan Corp..., 11% Mar 95% Mar 47% 5 17% Jun 32 I per share *24% Falstaff Brewing Corp SALE Jan. 9 l Fajardo Sugar Co 13 July 26 15% Jan 3 t per share HIGH Tuesday 20 8 7 49% 106% 13% 23va 83% Jan. 8 No par Apr 22% Jan 8% Dec Monday Jan. 0 S per share 19 36 RECORD LOW AND STOCK EXCHANGE 34 41% STOCK STOCKS Range for Year 1950 Year 1949 15 *105 247/a 26% 25% *105 105% 26% *105 105% 10 21% 21% 22 21% 15% Oct 15% Sep 28 16% 16% *16Va 16% 16% 16% 16 16 16% 17 Jan 16% 16% 24% Apr 11% Jan 5 Sep 3 20% Oct 23 & Light Co No par Florsheim Shoe Class A__-___.No par Follansbee Steel Corp 10 17% 21% .17% May 9Va 8"% 20% 20% 20 '/a 15% 20% 19% 20% 13,300 Dec 14% Jan 20'A 19% 14% 20% 21 Feb 20Va 3 23% Sep 22 Food Fair Stores Inc.: 22% 22% 22'A 22% 22% 22 % 22% 21% 21% 6,400 37 18 Food 22% 34% 221/4 29% 23 Va 26'/a 17,000 — — 12 20% 17'/sJulyl3 __ Apr Jan 24% Mar 30 78 May 92% Nov 89 July 96% Oct 19% Feb 33% Dec 84% July 17 94% July 21 27% July 12 8% Nov Jun 12% Aug lO'/s May Feb 60 Nov 56 Jan 17% Dec 13% Dec 8 *38 11% 9% Jan 3 8% July 12 July 14 16% Jun 23% Dec 20 Feb 67 Sep 78% Feb 75 Mar 4% Jun 7 V. Apr 4% Jun 4 16 Nov Florida Power 98% Dec 7 101 Dec 8 46% Dec 27 21% Dec convertible 3%% Corp___iu preferred 12% Oct 5 81 Nov 25 34% 34% 100 *94'A ..loo preferred *100% 101% lo 44% 44% par 21% Foster-Wheeler Corp common Francisco Sugar Co No Franklin Stores Corp 18 19% Feb 1 Machinery & Chem 3%% 22 96 97 Vs 98 Va 97% 98'% 96 % 96% 101'A 101% 101% X101% 101 % 45% 42% 45% 43% 45 44% 45 9,300 22% 21% 21% 21% 22 21% 21% 3,700 44% 22' 32% Nov 20 35% 45 21% 21% 21% / 98 ' 1 11% *79% 80 *14% 15% *14% 15% 29% 29% 28% 29% 29% *86% 87% 86 86% 85 7 87% Dec 29 4% 5% Jan 3 10 Va Oct 25 Gabriel Gair _ preferred 100 34% ' 96 590 96% 101% 110 101% 11% 11% 11% 12'% 3,600 79% 80% 80% 82% 3,500 14% 14% 14% 1,300 29% 28% '29% 28% 29% 8,300 85% *85% 1 86% ns/8 11% 11% 11% 11% 80 79% 80% 79% 80' 15 14% 14% 29% 28% 85% 85 '14% 35% 34% *14% n% 79% 11% 35% 35 4 101% 44 35% 1,300 *100% 35% 95'A 101% Sulphur Co.. lo Froedtert Grain & Malting Co Inc.l Fruehauf Trailer Co common 1 Freeport 3 12,000 " 86 86 ' 330 G 14% 6 7% Oct 7'A Jun 29 13 Dec 30 18% Jun Dec 16% Jun 30 19 Dec 29 9% Nov 2 Oct 9% Jan 3iy2 ®ct 41% Jan 13 Feb 17% Dec 6 % 32 Apr 6 July 25 Co 6% Inc 5% Apr 17'/a July 12 20 Va Apr 25 21% Nov 22 Gamewell 19 Jun 16% Dec 15% Jan 23% Dec 18 Garrett 3% Jun 6% Feb Dec 29 Gar Wood 21 % Jun 32% Feb 33% Dec 29 15"% Jun 13% Jan 103% Jan 41% Sep 23% Dec Jun 48% Nov 99 July 97/a Jun 152 Jan 19% 107 July 13 17'% Jun 29 17% July 13 101% Dec 4 Dec Jan 146 Jan 11 163% 3% July 13 21 45 July 3 101% July I3 9% July 13 106 Oct 3 July 13 9% Feb 15 Dec 6 Jun 10 Jan 6% Mar 29 Apr 79% Jan 24% Jun 31 Jan 63% Mar 31 25 Jun 29 17 Jun 20 65% Apr 139% Apr 13% Jan 14 12 July 13 4V2% Industries Inc $4.25 12 Jan 31 166 Feb 8 $8 Baking Co General Bronze General Cable 34 21 Jan 9 4% General 13 50% Jun 12 3 51% Apr 103% Dec 6 29 13 V2 Apr 21 General 61% Dec 29 Dec Jun 13% Jan 44% Jun 56% Dec 99'A Apr 6 8% July 12 Jan 128% Jun 51% Apr 124 Vb Jun Apr 112 Dec 105% July 28 20 13 129'% Mar 5% NEW $ per share $ per share 15 54% Oct 5 Sep 122'A Jun 15 127% Mar 7 102% Jan 6 106'A Nov 15 July 13 23% Apr 11 Jan 3 x97 Jan 104'A Dec 13 Feb 19% Sep 15 22% Jun 38% Dec 26 16'A Mar 2% Jun 11% Jan 17 Nov 15 Vt Jun 20'A Jan May 120 3% July 26 12'/a July 12 Dec 124% Dec 4% Feb 7'A Jun 24% Jan 2% Sep 24 Mar 34 99 Va July 122 Jan 22% Jan 31 Nov 18 y2 Dec U 14'A July 13 17% July 3 Nov '20% 119% Sep 6 7 July 13 22% Jun 30% May 101% Jun 27 2 30 24% July 27 Jun 27% Dec 22 Jan 25 99 y2 Apr 102% Jan 101 Jan 10 15% Jun 21% Jan 19% Jan 3 67 July Sep 77% 5% Jun 12% Feb 79% Jun 91 Jan 12 Va Jun 17'A Jan 80% Oct 64 73 ' Apr Mar 77% Jan 68 23 Jan 7 8% Jan 25 24% Dec 27 72% July 21 Dec 17% 48 6% ■ 24% ' 54% 103'/a 10% 10% 150 *148 38 21% Dec 17% 74 32% 32 32 33% 33% 32 33'A 32 16% 17% 17. 17'A 16% 17 Va 16% 32% 16% 46% * 104 Vs 104% 10 i,10'A 1 No par 62'A,.. 62'A *125 126'A 100 *120 130 112% 115 50% 50% 46% 47%;, V* 103'A 104% 10% 62'% 10 x62% 126'A *125% 126'% *125 *125 135 28 39% Dec 18 General 26% Dec 900 17 , 118 117 260 .- 10 63'A 64 *125%. 126% .*120 128% 104% , ,' 10'A 2,200 64 126% 128% *125% *120 50 PRICES Friday Sales for Jan. 1% the Week Thursday Jan. 11 J per share I per share 48% 48% 49 48'/a 49 48 Va 124% 125 124% 125 124% 124% *104'A 104% 104% 105 105% 105% 105 105 19 19 36 36% 20 20% 49 105% 105 % 19% 19% 19% 19 19% *18% 19% 37 38% 38% 40% 39% 40% 39% 40% 20% 20% 20% 21% 20 20% 20% 19% $ per share Shares 49 'A 172,800 48 %, 125 125 1,600 *105 105% 500 7*19 19% w.».2,900 39% 40 % 15,300 20 Va 20% 3% 3% 3% 3% 3% 3% 3% 3% 3% 3'A 17% 17% 17% 17% 17% 17% 17% 17% 17% 17% 17% 25% 25% 25% 25% 26% 25% 26% 25% 26% 26 13,900 17% 25% 13,900 3% 5 26% *125 100 10c 8'A No par 34% 1 *38% Shoe Corp 115 27% 36% 100 com preferred. *104% 5 preferred General Tire & Rubber Co 3,100 V 10'A .. 124% 18% 620 33 14,100 fi 100 5,900 47% % *32'A 16% 51-100 Jan. 10 t per share 2,800 34,000 74% 48% 63 Wednesday Jan. 9 f per share 9% 74 51% 124% 47% 3,200 100 17% 10 17% 35% 130 127 127 8% 34% 34% 39 38% *114% 38% 115% 36% 36% 107 28% *104% 35% 36'A 36% 36% 107 *104% 36% *125 8% 8% 33% 34'A 33% 34% 39 36% 28% 36% 107 38% 38% 38% 38% 116% 116% *115% 116%: 28% 27% 28 36 *104% 36% 107 . 35% *104% 37% 35 36% *96 97 96 96 *96 967/a *96 92 *90 92 *90 92 *90 35 96% *90 100 92 3%% preferred —100 Georgia-Pac Plywood & Lumb Co._l Gillette Safety Razor new com. 1 18 '24%, 18% 18% 18 Va 18% 24% 24% 94% 94% '94% 21% X21% -22% 94 *90% 24% 24% 130 8% 116% 115 28 27% 130 8% 34% 34 38% 115 *125 3% 8% 8% 8% 27% 130 *125 8% 34% . 18% 100 . , 48 *103'% 126 47 General Time Corp common__No par 8 SALE . 51% *124% .5 Gen Steel Castings $6 pfd—No par General Telephone Corp ___._20 4'A% HIGH Tuesday 800 5,400 *101 103% 10% 10% 149'% 150 No par 33% Dec 29 AND Jan. 8 4,900 21,800 , 48% 104Va No par General Realty & Utilities General Refractories.— 17% Dec Monday 135 22% 51% 9% 10 65% < 8,000 15,100 400 . 47% 104'/a " 104'% 9% 65 , 106 55'/a 10c 22 Aug 22 90% Sep 6 47%:, 10 10% 63% 65/ *125'% 126% ; 1,600 3,700 800 2,500 1,900 50% 51 .1 Corp 20 99 46'A *104 117 No par Dec 29 50% 51 116 116 10 No par 8% Dec 34% Dec 116 47'% 104% *104 18% 9% No par ____ Gen Railway Signal com 6% preferred 4'A% 50% 17% 10'A 130 125 *120 1 per share 17% 115 47 LOW 19 17 9% 114 Jan. (i 26% Oct Oct 17% 10'A Saturday General Public Utilities Corp... 107 152 73% 50'/2 General Public Service May 4 30'A May 11 41 % Nov 24 *150 17'A 9% 46% 20 128 10% 150 lO'/a 50% 18% Feb 127 10% 74% STOCK Equip 150 *101 103%: 10% 10% 74 No par Advertising Precision 103% 74% 16% *16% Par Gen 54% 103% 55 4,100 30,500 22% 6% 31% 24% 24»A 22% 74 112% General Portland Cement Co 26 54'A 103% 11 8% 12% 20 8% 37% 20% 21 105 54% 22 74 No par Preferred $3.75 series... 4'AMar23 24% 22% 106% 24% 22'/2 106% 106»/2 54% 54% 24% 21% 106'% 150 10% 150 17% 9'A 9% 100 preferred.. '24% 106'A 74 17% 17% 112% • 24% *31% 22% 22 106% 150 6% 32 32% __50 Corp 150 6% 31 74 9% No par preferred YORK Gen Outdoor 24% 24% 6% 32 32 74 *17% No par _ General Motors Corp common $5 6% 6% 32% *31 22'A 6% 8% 17% 25% *94% 35% 107 36% 8% 20 8% 28,700 34% 34 7,700 39 39 bOO 116'A 28 35% 230 23 Va 114% 7,700 107 5,400 3C% • 96 90 *95 *90 120 9G% 92 92 17% 25% 1,700 35'% *104%. 33 3,300 130 130 *90 18% 24% 94% 23 35,400 « 18% 18. 12,100 18% 25% 13,400 25% '25'A- 94% 34%.- 94 Va 94 Va 94 % 300 22 ; 22% 22% 22% 23% 40,100 83 Va *91% 93 Vs 24% ' 90 Jan 4 13% Apr 19 80 Jan 10 July 17 28'A Aug 16 25% Dec 55 Dec 22% July 12 52% Aug 16 10% Jun July 54%, *102% EXCHANGE 127% 11% July 24% No par convertible Lowest $ per share Jan 5 5 preferred. Range for Year 1950 Highest Highest 43% Dec 123% 6% STOCKS Year 194!) f per share 22% 53% Co Instrument Range for Previous 21 22'A 100 Electric 3%% 20% 20% 23% *102% Corp com $3.50 preferred 18 20 21% 22% 54% General Foods 3 119% Sep 21V2 21 23 53% General Mills common 100% x6% 21 20% *102% 103»/2 10% 10% preferred General 6% 31% 21% 21% 2nd preferred Cigar Co Inc com 44 Ve Aug 6% 32'A 8% 22% 106% par 8% '38'A 20% 21% 5 41 Va Jan 48% Jan 21 22% 8'/a *37% 8% 38 20 ' • 32% 24% 100 Dec Jan 93% 7% 9 20 21 22% 8'A- 37% 106% Corp Dec 42% 39 Va 104 21 8'A 38 21% conv 21 8% 12Va 19% 8'A 37% 106% 1st preferred 11 19% 8% 38'A 21% common Corp com 4% Dec 12% 19% 8'A..: *37% 20% 21 106% No par 10 Va Dec 75 12Va 19% __100 preferred 24% Nov 22 8% 12% 19%. com__l Amer Transportation preferred series A—No General 6% *31 1.66% Investors $4.50 preferred 15 Jun Lowest 1 50 8% 12% 22% 20 22% com 8% 12% 8% 21 20 *20% preferred convertible General 8% *37% __2 General American 8 8'A 38% No par Gaylord Container Corp.. 105 % Mar 8% No par Co 25 Va Dec 13 19 19% 8% 12% 19 *37'/2 (The) 24'% Nov 22 107% July 14 55% Dec 26 8% 12% 19% 5 (The) Corp Dec Jun 34 87 Co Gardner-Denver 8% 12% *19 __50 common preferred 18% Jan 138 Va Jan 129 123% 7 20 12% *19% 8% 12% 1 common __ convertible Jun , 1 (Robert) preferred 10% ,15 (The) Gamble-Skogmo Inc 40'A Nov 10 16% July 24 Co Dec 100 Jun 7 24% Jan convertible $5 21% Sep 22 91% Dec 29 5 No par ... *91% 22 21 *92 93 22'A 93 Va *92 20% 20% 19 Va 19 28% 28% 29 29% *57 58 57 57 *56% 1 9 9 9 *119 124 *119 *19 ..2.50 28% Glidden Co (The) common—No par 4%% 95 100 Gleaner Harvester Corp 11 21% common $4.50 preferred 31% May 3 59 Oct 23 *93 preference__No par Gimbel Brothers convertible preferred 21% 29% 93 '/a 20'% 21'A 28'% *92 29% 20% 21% 29 29% ' 21% 22 29% 30% 10,700 22,700 " 50 58 *56'% 58 8% 9 *56% 58 *56% 58 8% 9 8% 9 109 „ " 5% Jan 7% Jun 27 12 Feb 106% July 20 13% Mar 24 134 Oct 19 Gold & Stock Telegraph Co 21'/a Dec 30 Goodall-Sanford 2 Goebel Brewing Co X95% Jun 14 Va Jun 19 Sep 62% Jun 72% Dec 69% Jan Aug xl01% Dec 6 Jan 43% Jan 13 Sep 103% Jan 13 Jun 16% Mar 10% Jun 27 15 Dec 28 Gotham Jun 41 36 Feb 24 45% Dec 28 Gouid-National 1% Jan 3 3 30 Graham-Paige 7% Jun 29 10 116 Jan 3 128% Nov 25 ' —..... 100 Jun 34 Jun 98% 10 28 104 45% Jun 106 1 Ve May 3% Aug Jan 5% Feb 8% Apr 16 Va Jan 30% Dec 29 Jan 4 16% Jun 28 V2 Jan 24% Jan 4 20% Mar 28'A Dec 25% July 3 105 July 26 66% Dec 30 108% Jun Oct 31% Sep 28 103% Nov 27 Apr 11 Jun 16'A Apr 32 11% July 13 17% Feb Jan 36% Oct 31 37 Dec 100 11% Jun 14% Sep 12 33 % Jun 43% Jan 33 16% Jan 19% Oct 133% July 62% Dec 144% Mar Nov 33% Mar 43 V2 Dec 11% Jun 14'A Mar 9% Oct 12 93% Jan 100 "5 • 67 Feb July July Mar Dec 2 8 20 Apr 18 37% Feb 28 45% Oct 26 93% 101 Goodrich Co 28 Apr 28 "Wb«n $5 18 Gt Gt Northern 3 152 Jan 6 78 5 35% Aug 2 45% Mar 13 4 23'A Dec 28 9% July 17 11% Jan 11 Jan 7 Northern Great 7% Green '-9% Jun 24% Dec 28 Jun 30 66 Dec 12 59% Jan 25 83 Nov 27 22'A Dec 18% Jun 30 24% Jan 16% Jan For footnotes see page 22. 13 *106% 14'A Xl4 47 ..1 2% 2% 9 Va 2% 2% 2% 3 9 Vs 9% 10 10% 14'A 47 14% *46'A 14 Va 48 4,000 1,000 2% 2% 2% 2% 2% 2% 52,600 9% 10'A 9% 10 Vs 9% 10'A 32,400 .....10 34% 34% 34% 34% 34% 34% 34 34% 34 34% 34% 34% 2,600 No par 47% 47% 47 Vs 47% 47'A 47% 47% 47% 47 Va- 48% 48 48% 7,200 5 28'/a 28'/a 28 28'A 27% 28'A 28 Va 28'A 28 Va 28% 29 29 Va 4,100 100 (The)... *101% 102% 102% 102'/.', 102 Va 103 common 14% No par Ore Ry 6% 1 com Prop_.No pfd. No Sugar com *33 102 102 102 14% 14% 14% 34 33'A 33'A 15 *32% *102 103 440 103 15'A 14% 14% 14% 14% 14% 14% 33'A 33'A 34% 34 34 34 34 3,900 550 14% 49% 21% par No par 100 14% 14% 15 15 15'A 14% 15'A 14% 15% 15'A 15 % 11,600 49% 21% 49'A 50 50 Vs 50% 49 50'A 49% 50 49'A 50 22,700 21% 22 21% 22 21% 21% 21% 21% 21 Vs 21% 151% par 151% 152% 152% *151% 153 Va 151% 151 *151% *77 152% 85 9,900 154 110 *8C 85 30 42% 42% 42'A 42% 43'A 4.1% 43% 43 22% 22% 23 23 23 23 23'A 23 23 1,400 11% 11% 11% 12 12 12'A 11% 12 Va 11% 12 11% 12 170,600 97 97 L) Co RR Inc Common 100 3 preferred Aircraft 100 Corp new 1 Sugar common I Gulf Mobile & Ohio RR com.No par $5 preferred No par uuantanamo Gulf Oil Corp Gulf States Utilities Co *97 , » 98 26% 26% 1 11% • 11% 23%' 23% *65% 66% ♦97 1 . 98 27% *80 *152 42'A 3 12% Jan 49 % M 22% 4%% Jan 3 41% Grumman Dec 1<- 22% 18 Jan / 41% 2R 71% 700 in 22% Jan 14 106% 106 % 5,700 41% (H 29% Dec 54% / 107'A 106 % * - 1 Green 11% July II Jun 15,100 43% Greenfield Tap & Die Corp__No par Greyhound Corp (The) — 1 Jun 500 69% 80 3 66% 101% 67% 43 80 Dec 41 101% 67% 80 Apr 100 43% 101% 79 6% Jan 17 42% 46'A Bay & Western 95 July 2,200 67 '/a 14% preferred 20 7~% 129'/a 101% 46 Iron Western ... 10,700 43'/2 69 14% preferred 29 ■ 22% 101% 46 9 124 42 % 66% 14 5 21% 129 101% 69% 45% P 129% *122 44 14% & 22% 102 68% 45% M S 124 V2 43 14% $2.25 conv preferred Oct 128% 45% Grayson-Robinson Stores 22 130'A 21'A 14% Steel 50% Dec 21% 45% (W T) Co 3%% 107 Va 128% *121 124 20% 5,900 . *101% 69 *106 *122 14% Co City *106 101% 67 131% 131 44 43% 101% 21% *45% Grand Union 3 Aug 30 No par 67% 107% 124 21 130% 130 43% 102 Vs Inc^_—.4 ,_...._.No par Granite Grant 66% 21 " Va Motors... Granby Consol 17 Dec 43% * 101 % 130% *120 124 20% 21'/a 9'A Batteries Hosiery 29 65 130 .... preferred.. Jan 7 (B F) common._No par issued" Jun Mar 20% 10 $5 preferred No par Goodyear Tire & Rub com_..No par 18% Apr 137% Jan 16 Inc. 8% 9'A 85 *80 80 97 97% 97 97% 97% 98'A 26% 27% 26% 27'A 26% 27 11'A 11 11 22% 23% 27% ,27% , 11 Va .11%' 23Va-' 24 f.t 21% 23% 22%, 23% 66 66 66 66% 65% 66% 66 66'A 26 Va 11%. 11% Va 11 . 11% 10% 23% 3,400 130 43,6)0 Va 7,300 •23% 38,700 1,400 66 66'A 25 82'A 82% 82 82% 82'A 83% 81% 82% 81% 83% 83 Va 84 21,400 No par 21% 21% 21% 21% 21% 22% 21% 22% 22 22'A 22 22% 21,600 ; 16 The Commercial and Financial Chronicle (212) NEW f per share ' NEW Range for Year 1950 Lowest Highest Highest Lowest STOCK YORK Friday Jan. 10 Jan. 11 $ per share < per share Sales for Jan. 12 the Week Thursday Wednesday Jan.» $ per share $ per share Jan. 8 f per share Par 1951 Monday, January 15, PRICES SALE Tuesday Monday Jan.« S per share Sper share $ per share Saturday HIGH AND LOW STOCK YORK EXCHANGE . RECORD STOCKS Bange for Previous Year 1940 .. Shares share $ per H 31 Jan 39% Dec 30% Dec 16 % Jun 24% Dec Hackensack 8 14 24 Halliburton Oil Nov 25 Water 46% Feb 35 22 ye Apr 12 Jan 14% Dec Sep 29 Hall 11% Jun 13% Dec 11% Jun 15 14% Dec 29 Hamilton Watch Co com—__No par 81 Jan 66% July 13 80% Feb 8 72% July 104% 18% 23% Nov 142 149 May 20% Jan 4% 25% Jan 61 > 108% Apr (W 4% Printing Co F) 104 Apr 11 108% Oct 19 Hanna Jan 20 Jan 3 31% Dec 30 Harbison-Walk Feb 141 6 6% 27% Jan 12 Hart 3 7% Feb 5 81% Nov 1 9 Hayes 5 10 , Industries Inc Hayes Mfg Corp 3 8% Jan 7 19% Feb 25 Dec 20 Va July 18 25% Dec 28 Jan 25% Dec 25 33% Oct 23 Hecht 5% Jun 84 9% Jan 30 95% Jan 23% Jan 34% Dec 105 Jan 32% 42% July July 17 93% Feb Dec 37% Jan 98% Jan 3 31 Va Dec 103 Oct 98 % Apr Dec 25 Dec Dec 39 3%% 5 41 Jan Oct Heinz 9 107 8 Mar 20 26 20 44 7% ! 3 Hercules Motors 1 Hercules Powder 17% Aug 14 Jun 53 49 July 27 Feb 131 Sep 26% Mar 45 Dec 34 July 25 48 Jun 1" Dec 52 % Aug 23 56 Feb 8 29 122 % Aug preferred 69% Dec Jan Jun 52 common 20% Mar 13% 122% W) non-cura 6% *93% 95% ; *35% *105% *26 2,600 *76% 78% *76% 78% 763/4 763/4 11% 11% 11% 113/4 11% 11% 5,600 8% 8 Va 8'/a 65,300 6% 76% 11% 1 7% 7% 26% 27 Va 26% 27 267a 32% 32% 32% 33% 34 *94% 95% 943/4 943i 943/4 94% 36 35% 35% 36 36 *105% 106% *94% 95 36 36 36% *105% 106% 106% *105 Va 106% 26% 26 39 39 39 39 19% 19% 19% 19% 197a 4,600 68% 67 3/a 68% 67% 68 3/a 6,300 125% 125% * 19% 19 Va 19% 19% 19% 19 % 70 68% 70 69 70 68 % 127 *125% 127 126 126 *125% 127 39% 40% *39% 40 39% 40 53% 53 Va 53 Va 53 Vs 53% 21% 21% 21% 22 21% 22 Va 21% 21% 18% 18% 18% 18% 18% 19 18% 19% Hewitt-Robins . 39% 80 68% July 24 Sep 11% Mar Dec 14% Jan Dec Jan 15% Sep 12 Jun 29% Dec 20% Dec 15% Oct Jun 22% Jan 28% Sep 34% Jan 50% Nov 31 Apr 34% Dec 32% Jan 5 Hinde & 9 Hires Co Jun 8 Holland 17% Sep 5 24% Mar 6 Hollander 18 16% Apr 18 20 V8 Aug 25% Jun • Dauch 19% Sep July 12 12 .29% Mar 21% 21 Va 183/4 19% 19% 11 Homestake 24 Hooker 20% Mining <27% 36% 36% 42% 43% 11% 78% 20% 18% 20% 27% 27% 3,300 19,300 : 40 1 19%7 19%: 25,800 15% "'15 147a "• 19% " 3,300 13% 13%;: 13% 4,000 23%*'"23% -"5,300 123/4 20 19% 20% 28 , 14% ?0 > 23% 12% / 237a 39 37 39% 217a 2178 23 277a 38% * 197b 13% , -• 14 s/4 < 12% 20% 39 Va 43% 12% 27% 27% 13% 23 12% , 20% <20%.. 27% 36 Va • 20% 27% 10 —30 12.50 13, 13% 237/a 800" 19% 78% 78%' 19% 19% 19% 13% 23% •23%' 12% 7 78% - 2,800 533% 533/4 *77 14% \ 15 Va 15 Va 19% '■> 13 13 7-2274 12% *12 14% 19% 19% 13 22% *77 78% *77 14% 14% 19% 13 22% 5 conv 47% Jan 19% > —5 & Sons (A) 47% Nov July 25 —1 ; •'< 78% '/ * 771' 14%" 14% —10 E)—; Co Sugar Corp common preferred. Holly 5% 7 Co Paper (Charles Furnace • •< 78% *77 —5 Hotels Corp Hilton 16% May 15 10% Apr 27 31 4 12% 6 14 % Sep 6 20 Jan » 190 40 39% *523/4 *523/4 ' Inc—.-—.—,—,—5 125 125 40 130 39 *38 39 *38 *53 Va Heyden Chemical Corp common—1 3%% preferred series A 100 3,600 26 39% 26 26 3/8 % 26% 39 53% 18 106% 26% -70 1,200 39 % 39% 19% Dec 2b Zb% 26% *105% 1,400 • 26 Va 39 *53% 22% Feb 27 5,000 34 Va 40 27% 32% 19 % ; x7% 8 27 *125% 15% July 14 16% ■ 36 • 5,300 6% 100 5% 10% Jun Jun .36 . 2978 *6 3/a ?? 95% *105% 28% 6% 70 No par Jan 8% 26 *38 " common—No par Jan 15% 36 297a 6% 26% *93% 106% 29% 6% 7% 7% 31% 10 29% 6% 27 31% 60 4,900 154 *151 151 151 154 31%' 307a 31 360 107 6 % 76% 26% ' 30% 31% 74% *74 *106 28% *11% : 11% 106 29% 29 77 7% 7% 31% 21% 12% 76% *150% 154 *150% 6% 6Ve . /;■■■ 11 Va 26% 53% 8% May 11% Jun 6V4 30% 31% 75 106 73% , 14% 14% 14% 14% 75 107 *106 107 31% - 74% 77 *106 29 11 7% 21% 84% 1,200 14% 14% *75 154 79 25% *13% Aug 14% Jun Dec 14% 14% 14% 76% 28% *77 31% Nov 77 4,400 *150% 154 29% 25 preferred 6,800 16 Hershey Chocolate cofnmon__No par 4% 7* preferred series A——50 127% Mar 13 2 32% 15% 31 .—-100 —JO 25 Co common... 31 317a 16 Va 107 *10% -100 preferred (G Helme Mar 10 40 Dec J) (H 31 32 16 30% 31% 5 preferred 31% 31% 16% 1 107 -15 common—: 3.65% 33% Mar 16 July 14 Co 31% 32 16 Va 14% 29 ;—1 —2 Hazel-Atlas Glass Co 20% 31% 31% 16% 76% *105% *150% Hat Corp of America common 1 4% % preferred -100 11% Oct 31% 32% 16 Ve 14% 31% 10 8% July 13 Dec < 75% *105% -100 Marx 15% 16 14% ; com__No par preferred 8chaffner & 32% 75% pfd__No par Refrac 5% Jan Oct 10% 149% Dec 30 Co $4.25 A) 1,000 31% 32% *31 31% *30% 32% 15% ' 100 64 Va Jan 7% Nov 68% Jun Jun 22% Nov 28 Dec <M 5 preferred conv Nov Jan 6% 18 31% 32% ■ 32% 16 31 Well Cementing___5 20 13% July 25 28 28 28 - .2,800, . % 1,000 387a 38% 38% 377a 900 12% *12 34,000 * *24 84% Sep 101% Dec 9% Jun 13% Nov 30 v Feb 35% 28% Jan Jan 8 107 10% July 13 29% July 27 Dec 86% 14 Jan 9 34 101 Dec Jan 10 10 18 3 107 % Dec 22 4% 29% Feb 13 56% Jun 19 Houston 38% Jan 48% May 44% Oct 32 62% Dec 11 Houston July 12% Jun 16 Oct 15 Mar 22 24% Oct 19 31% Jun 46% Jan 33 July 25. 58% Dec 29 4%. Jun 11% Dec Jun 17% Dec Jun 47% Jan 14% Oct 11% Jan 7% Aug 1 11% July 21 35% Mar 9 8% 33% 9 t Feb 8% Nov 1% May 10% Jun 2% 18% Dec Howe Nov 24 30 17% Oct 7 12 18% Dec 20 of 4% Apr 22 July 17 25% Apr 13 5% Highest- , $ per share 31% Jun Range for Year 1950 Lowest Highest $ per share 36% Dec 32% July 25 34 % Jan 25 99 Dec 34 25 60 Dec 20 Jun 34% Deo Jan 377a Nov Jan 21% 4 4 18% 19 55 Jun 27 523/a Jun Dec Jan Dec 29 Ingersoll-Rand common—:—No par *81% -63 Jun 29 83 Dec 15 175 Jan 26 Apr 563/4 Dec 30 Inland 127a Mar 30 20 VB Nov 22 Inspiration 11% Dec 20 Insuranshares 257a Oct 17 Interchemical Dec 187a Dec 167a Jan 16 Dec 92 Dec 14 1 Jun 2'/e Jan 1% Jan 25 137a Jan 12% Jan 13 9 % Aug 8 9% Jun *14578 Jan 223/4 Jun 29 3/a Deo 164% Jan 180% Dec Dec 100 27 Oct Dec 143 —100 Steel Co__— Cons Ctfs -20 4%% Corp Inc 29 Intercontinental Interlake Rubber. Int'l Business 327a Oct 23 Int'l No par 1 Harvester No par No par 22 181 133/4 Apr 1 6 277b Dec 30 95% Nov Aug 18 3% Dec 8 25 Va Mar 31 Jan 16 Machines Dec Jan 4% 43 60 Jun 41 Jan 38% • 7% 71' 17 9% May '• Int'l Hydro-Electric Sys 367a Dec 8 18 Int Minerals 4% Chemical & 100 Mining. Corp_—l Int'l Nickel of Jun 3074 Aug 7% Jun 14 July .18% 7 International Packers 593/4 Sep International Paper common Sep 18 1 9% Dec 22 Feb 52 46 3/a Oct Oct 70 July 25 19 Preferred ! 18 International 28 International 61% Oct 7 32% Aug 30 3 9% Jan 36% May Apr International Telep & Teleg—No 20 Dec 17 227s Jun 19 International Utilities 30, Dec 22 Interstate 45 Apr 14 Aug 20% Jan Nor 28 32 Feb 135 16 4 July 12 8 1774 July 26 277a Jan 5 Jan 148 July 11 * 1 Apr 21 27,% Sep 22 22 International Silver common—-_25 73/a Dec 11% Jun 18 3/a Jan Jan 94 Deo Jan 95% 59% Oct Jan 105 3/8 Dec 5% July 18 14% Jan x91 Oct 5 6 54% July 19 103 Jun 26 preferred 7% 25 900 17% 5o,600 21% 22 Va 21V8 217a 20% 21 21 21 Va 5,600 4% 38,000 19% 2,300 4 28 353/i Dec 30 Island 14i: Jan 3 $6 *18% 774 Jan 11 > Creek Coal T 1 i , •' Jacob? (F L) • common- "• 19% AND HIGH 18% SALE 39% 59% •60% *97 39 34% 35 51 51 *52% 35% 93/4 29% 71/? ,V 67% 677a 81% . 81% 83 •158 ■' • 160 7% Co 70 % Mar 3 Jewel Tea 107% Mar 1 3%% Jaeger Machine Co__2 10,100 .29% 29% 29% 5,200 77/a 7% 7% 1,500 67% 68 3/a 2,100 29% 297a *7% 7% 68 68 81% 80 81 158 158 *158 160 v *80 227a 233/4 22 s/a 24 Va 23% *24% 12 12 12 24% 24% 24% 24 Va 243/4 97 96 96 96 96 12 4% 3% 4% 4% >183/4 18% 19 Va 18 Va 201% 103 Ve 203 •' *12 4% 201 34 3/a 33 Va 1763/4 176% ...11% 11% 11 28 25% 11% 91 91 28 343/a 27 % *90 V2 47a 5 4% 47a 393/4 39% 40 38 3/a 40 Va 130 1303/4 130% *130 130% 65,500 12 12% 4% 4% 18 3/4 202% 800 24 5/8 6,200 97 *96 , 187a 202% 50 4% 11,800 19 %J 34,100 203 2,900 35 34% 35% 177 176% 176% 830 11% 11% 17,600 11% 11 % 26% 27% 26% 91 53,800 26% 91 91 *90% 131 12 24% 243/r 97 * 243/4 33% 11% 5 Va , 24 176% 176%; 907a 410 8,200 201 Va 27% 907a ,y 1,000 597a 43/a 2023/4 33% ■' 177 158 59 183/a "19 176 Va 33% 24% *96 82 157 V 59 100 51% *51 - 16,400 200 4% 43/a 47a 4% 19,600 38% - 303/4 33% 39 7b 50,800 14% *34 108 Va lOVa t 108 10% *70 42 % 55" 14% 130% 13074 133/4 14 133A 11% 13%: 14% 11,100 52 53% 71 72 42% * 53%' 52%' 53 52% 53% 38,300 108 *107% 107 % 109 108 10 72 107a 10 131 10% 69% 107a <71% *69% '43 ; 108 10% 71% "70 . 55 i 108 Va 10 % . 14 Va 52% 14% 53 Va • 70 42 > 14 525/a 109 %' 70 ( ' : , 131 140 713/4 703/4 71 4'JO 10% 70 71 6,100 860 *68 72 43 % 42 43 42% 43% 43 437b 6.500 563/4 43 *68 103 10% ' 55% 57 55% 56% 56 56% 4,300 35% *34 72 72 *69 100 ' 55 553/4 *34 35% . 35% l 56% *34 35% *34 35% *34 35 % ' 14 14 % 137a 14 Va 137a 14 3/8 14 143/4 14% 15% 15% 1574 203/4 20% 20% 20% 20 7% 20% 20 7/e 21 21% 21% 21% *29% 28% 29% 2m 30 2934 30 1,200 32 % 31% 32% 32 Va 33 2,400 26 % 26% 26% 26 Va 27'/a 50c No par preferred 50% Dec 36% July 26 51% May 18 Johns 54% Dec 48 75 Johnson & Johnson 33% Jan 13 73 Jun 50% Dec 28 86' Jan 815/8 Jan 13 10 Va Dec 98% Dec 27 40 Va Mar 23% July 17 —-100 Corpj —Nopar common / 30 *29% 30 29% 30 32% 32 % *32 33% 32 32% 32 257b 25 78 26% 26 Va 263/k 26 21 % , 21% 36 217a *35 136 'i. 268,300 3,4GO ' 25% 21 % *35 *135'% 1 €74 ' 21% 36. 135% preferred series- A_, Joy -Manufacturing Co__ 22% 35% 136 *19 x91 64% '< €4% v *135% 36% 138 - 21% 22% 36 % 22% 22% 35% 36 *135% 36% 138 *135% * 77% 51% .*97 1 *106 48 3/4 77% 3274 67/a ' 7% 6% 7% 19% 19% 19% 19% 91% 91 91 90 91% 65% 64% 65 107 -106 107 *64% 138 13,000 23 22% 35% 35 *135% 138 15,100 - 1,5C0 110 ' 107 *105 48% 48 491/4 48 487a 77 75% 75% 75% 76 % 5374 52% 53 5374 52 97% 97% *97 97Va 96 33% 33 33% 33 33 Va 32% 52 7% 7% 67a 7,800 19% 197a 20 91 89 8974 150 €5 65 63 800 106% 48% 98 6% 19% *90 55 65 77 . 52% . 67a 19 ' *64% 107 4874 ' 674 19% 92 -*106 -100 l 67a *18% *91 12 % Jones & Laughlin Steel com—No par 5% 200 10% 39% 53% : 10 ' Jun 6: 525/a 97a ; 47a . 130% 69% Inc common—No par Jun 3474 Mar 52 3/a 10% 22 3/a *89 39% *107% ; * Manville 52% 10 58a/4 >. 9,000 *52% 59 12 700 35 3/a 347a 58% , 200 51% 59% 27% ' 4% 1378 pfd—100 Jun 30 35 43% *76 106% 337a 107% '106 10 14,500 50 4974 49% 76 % 76 76 1,200 54 41,600 52% 54 96% %v 9-7 700 98% 96 32% 33% 32% 53 Va 96% . S50 327b 10,600 K 8% Jun 12 8/a Jan 9 22 94% J an 102 Feb 1057a Nov 134 V4 Feb 497a Dec 62 Jan 623/a 5 25 103 % July 13 43 16% Dec 29 Kalamazoo Stove & Furnace 25% Sep 103% Apr 15 Kansas 10 109 Va May 18 July 3 57% July 13 70% N0VI3 143/4 July 26 10% Jun 30 Dec 14% Dec 9374 Jan Aug 1007a Mar 24 14% Nov 27 6674 Dec 19 July 17% Nov 107a Jun 147a Jan 17% Jun 23% Dec 20% Jan 13 Jun 28 % Dec 30 *13% 19 3/e Dec 163/4 Jan 30 25% Oct 23 For footnotes see page 22. 19 Mar 6 3.80% 4% 17 *101 25% 177b 17 25% 103 25 *101 • 18 17% 257b 257a 103 183b 25% 17 25% 17% 25% preferred City Southern cum non-cum 100 com__No par preferred ^100 Kansas Power & Light Co 8.75 Kayser (Julius) & Co 5 Kelsey Hayes Wheel conv class A—1 Class B ! 1 . - *107 , 64% *68 % 109 *107 643/, 70 17% 25% 147a 23% *101% 103 *101% 103 *101% 153 *107 109 *107 109 *107 109 "" Kansas 4% 10 City Pr & Lt Co com_No par preferred _100 109 6474 65% '68%' 68% ■* \ 653.4 ' 69 657b €8% 677b 69 69 €9 68% 68 177b 17% 9,900 253/a 25% 8,400 1023/4 10234 *107 .€8% 30 109 69 5,200 72 68% 63 % 68% 2.500 16% 16% 1614 16% 16% 16% 167b 16% 16 3/a 16% 7,800 14% 1474 14% 1474 14% 14% 147b' 14% 14 3/8 1434 28% 28% 28% 29 30 2974 29% 29 29 2814 29 26% 26% 27 27% 277a 26 % 27% 267a 27% 27 27% 16 7 b 14% 28 % 2574 • 167b 14% ♦ Vs / 13,600 20% 1 Jersey Cent Pwr & Lt 4% Dec 56% 347a 58% 11 52 % ———1 18% Sep 25 96% May 15 Co 57 56% 59 202 907a .*130 *56 4,200 60%' 97 69 4 Va 28 7 393/8 59% 97 81 ■ 39% 39 60 3/a 97% 68% ,, 18% 11 % 474 39% *51 10 29%- 73/4 *96% Shares 52% 52% lOVa 29% ■ Sales for the Week 513/4 52% > Friday- - . Jan. 12 59 563/4 97a ; ' I per share 39 60 *51 Thursday t per share 97% 343/4 56% ;'.57 , " 39% 59 *96% < 19% Jan. II 55% 98 4 4% 19% PRICES t per share » 39 Va V 18% Jan. 10 $ per share 7 4 19% 'iay 1 uesday .Jan.9 \ *. 4% ' 21 27% Jan 4 No par preferred -i.—^ 30% 3 273/4 ; Iowa Power 29% Jan 4 Va /; 12 , 5,3004 87a 10,500 24 Va 203 ;*90 87a 17% ' par Iowa-Illinois Gas & EJec Co—No par & Light po—: ^_10 Dec 1400 4,300/' 57,- 87a 19 673/4 *96 43/8 11%, * Nopar Stores Dept 20%?" 20% 563/4 - 5 Corp >Intertype Corp—• . 81 12 .203 87! 21 24% 18 % -No par 11 Va Jun 44 ,_No par Jan 23 Jun Salt„^ Shoe < 56 21% 56 58 Va 97 4Va 100 Jan July 17 *20% ; 87a 57 ' -V 158 18 % 57'/a 1634 158 , 15, preferred- 5% Dec 34 21% 57% 16,400 56% > » 7.50 $4 preferred i. iNo par Int'l Rys of Cent Amer com—No par 463/a Jan Feb 20% .55% X'v 8% 22 ' 50 63%'"' 64% 64 ' Limited 34 136% Aug 2% 100 July 18 42% July 3 23% Dec 24 72. 3 38 Ve Jan 24 110 1 July 12 7 57 74 . 12 *96 Canada com__Nopar 14% Aug 61 . 63 *13% *81 58 % i 24 % 15 com preferred International 137V2 Jun Feb 673/4 20%; 21 4 class A—25 9 5 637a 19 '. 29% ; 297a 7% 7% 32% 14 49% Jan 62 Vs 563/4 .56% :'34%'. -176% 25 104 64 1,000 163/4 10. 327a 337a Jan Feb 63% 250 56 56 18% 527a 176 % 129% Dec Feb 56% ';'5?%< 56% 97 10 >. 32% Dec 103% Nov Nov Nov 55% 17% *52% > <'176% Feb 37% 55% 18% 517a —100 llVa Dec 33% 94 56 57%- :■ 593/4 56 common—No par preferred 7% 107 % 16% 160 58% -—1100 Iron! Mar 29 5 107% 18% 83 *157 —1 common preferred *106% 56% • 9 107% 17% *51 29% 29% No par Copper ,*106% ' 27 81 31% Jan Dec Dec preferred 21 240, July 17 25 Va Jun 6% 43/a Dec 7% July 12 185 Oct 10 18 3/8 Dec 171% July 13 Jun Indianapolis Power & Light—No par Electrica 6,100 *1063/4 31% 98 18% 39 : x34% 73/a 9 3,700 31% 98% 33 31% £7% 57% share per 583/4 68% 1074 . 10 73/8 95% 25% 52 9% 68 % Jan 133 *51% 34% 1 Apr 6% 53% 50 2v > 56% *523/4 Mex, S A— 12% 86% " *; *55% * 34% De 86% Feb 96 —5 —— 33 31% *97% 31% 99 *98 18% 19 *96 Indu&tria Jan Jan *7,96 7 Industrial Rayon—— 18% 33/4 cum Illinois Terminal RR Co 33 32% 31 31% 12,600 17% 4 39 ■ 19 38 73% 4.26% t » 50 common—No par preferred—. preferred 32% 32 Va 32%-; 99 3,500 '1 55% Monday - , 60 30 155 10 cum 39 59 % Jan Jan Feb Co Power 4.08% 39 333/4 Mar 27 Apr 6% .Illinois 9 ' common-100 pfd ser A—100 RR stock ctfs series A—1000 14'/a 21%. ■' 19 t per share 68% Dec 4174 Dec 20 RR Co conv non-cum 13% 8% i- 8% Jan. 8 18 Jun 234 i 6% 1378 56% 18%, 3%' L Jan.O 18 Jan Jan : 13% 44 17%-. ,20 Saturday 523/4 Dec May 8 v LOW STOCK Idaho Power Co_. 13% *21 : ,56% 16% > 10% Dec 30 165 I 14 155 11% ; 18% 55% 7 . , 42 % Mar 28 Deo 8% 53% Dec 72% Oct 12.50 Par Illinois Central •<■ 8% 8% 19% 3% YORK 13% - 14 • 56 21% 56.% ■, 18% *18'A , 19 Va NEW r 56%' *20% >. ¥ " 7% July 13 25% July 12 5% July 14 Jan 29% Jan Jun 33% Mar 413/a Mar 23 Oct 52 10 Ve Sep 30% Nov 29 50 ~7% 8% —6.66% Car—, Inc *1023/3 103% ' . 16% 8 20 2H/4 56% 43% *102% '106% 106% 65% Corp %: 1 Hussman Refrigerator Co——No par 40% Mar 15 62* Dec 20 29 25% 36% 100 64 *106% 55% $ per share 82% Jun Jun 65 V4 16%' Foods 107% 64% *8% 43% 103% *98 57% 56 % 42% 31% V • 57- 55 Motor 99 • *20%: 44% 103% 31% 31% *98 58% EXCHANGE Dec Feb 73 100 32 Va 31% 99 58% Hudson Bay Mln & Sm Ltd—No par Hudson < Dec 22%* preferred, non-cum 32 Va 31% STOCKS Year 1949 I per share ;—5 42% *102% 13% 107% ——1 Corp., 13% *106% Hupp 22 Bange for Previous Lowest 31% Power-. Texas (Del)—_25 Sound Co Hunt 3 1% Jan. 16 Oil & 13% ~ 3214 ' *31% Hudson & Manhattan common—100 53% Dec 8% Jan Jan Light Howard Stores 11,Vs Mar 13 July 13 13 preferred 103% *102% 13% *98 100 —100 No par 44% 103% 44 - *102% 103% 13% com 3%% .preferred Jun 28 *102% No par No par $2.25 conv preferred 50 Household Finance common—No par 38% Feb 94 *43 preferred $4.25 Houdaille-Hershey 100% Dec 29% July 13 103 Jun May 24 Electrochemical Co com—5 46% Jan 41% Nov 99% Dec 42% 13 68% 3,800 2,300 11,300 ' Volume 173 Number 4977 . . . The Commercial and Financial Chronicle (213) NEW Range for Previous Lowest Range for Year 1950 Lowest Highest $ per share $ per share NEW Highest $ per share YORK 56% Jan 49% Apr 3 75% Dec 28 48 % Nov 45'/a Mar 1 63 y2 Oct 17 Kern Feb 16% Nov 15% Jan 17% Jun 25 % Dec 24 10% Jun 27% May 24 3 Jan 47% Nov 13 16% Dec Mar 72% Dec 67 Va Aug 25% Jun 31% Jan 90% Aug 98 Jan 24% July 12 93 y2 Jan 9 X35% Feb 43 Dec 35% Dec 13% July 20 48% Feb 62 y2 Dec 50 43 Jan 60% Dec 53 4% Jan Jun Jan 9% Oct 8 Dec 6 62 5 Oct 23 35% Dec 20 Jan 74 27 19% (S "When 7% Nov 24 Laclede 7 % Dec 20 La 25 Va Oct 25 Jun 11% Dec 10% Jun 5 123/4 Jun 22 47 Oct 42% Dec 15 47% Jan 25 Gas Lane Co Bryant 4 y2 % Jan 22% Jan 19 37 Oct 18 40% Jan 25 62 % Sep 28 Lee 16% 22% 90% Jan 98 63/4 Jun 11% 333/a Jun 493/8 Jun 5% Jan 1% Jun"'/ 25 103A Dec 29 50% Jan 14 Dec 3 Dec * • 3 1% Jun 12 Jan 14% Jun 30 8% Jan - Jun 56% Dec 11% Dec Jun 24% 43/8 Jun X41% 8% 20 Va Feb 26 Mi 4 % 6% Jun Jun 72% , ; Apr 170 Feb 186 29 29 . 9 "-Dec 29 67 Dec 28 9 July 17 :.33/4Oct 23 19 Sep July 13 24 V8 Jan 15 7% Jan 37% July 91% 28 227/a Dec 51 r 8% Mar , 7 Apr 20 July 17 30% Dec 34 y8 9 100 Va Sep Feb 15 253A May 24 \4% Jan , Jan 3 3 Jan July 13 38% July 13 Dec 3% Jan 3 39 % Aug 28 9% Oct 30% Aug 25 Oct i 73. " Sep 177 Dec 38 15 ".Jun 9 29 19 Oct 28 89% Jan 187 3 Mar 31 28% July 26 52% dun 19' Jun 13% Jun 65% Jun xo7 33% ' 17% 78 16% Feb ' 14 Ve Jan 25% 15% 76 , - if - 27 Jan 153 Dec 9 17. 3 23% Jan 13 38% Dec 18 ,14% July 12 18% Oct 4 Dec 60% July 26 81 '21% July 17 28% Aug 13 y4 Sep 17 Mar 4 27% Jan 23% 172% Jan 95 Dec July 18 164 1 Julv Jun Dec 29% Dec 34% Jan 3 25% Sep 22% Mar 24 Oct 97% Feb 17 21% Mar 17% Jun 29 Jan 29. 100 v 174 8 Jan Mar 16 28 7 32- Jan 15' 22 y8 Dec Aug 41% 31% May 20% Jun ; 24 21 y2 Jan 81% Apr Aug 11 .,19 Mi 'i't va iWV 14% July 12 25% Oct Jun * 20 82 y* Oct 71 .Jan '18% Aug Jun r x60 Oct Dec 45 y4 Nov 57% July 5 28 y8 Feb 27 Dec 19 36% May 23 50% Dec 21 38 % Sep 21 102% Dec 4 DcC 30. 763A 77% 58% 58 583/8 25 25 6,900 24% 25 25 25'A 25 25% 25% 25'A 25 25'A 2,500 44% 443A 44 % 443A 44 Va 443A 44 44% 433A 44 433A 44% 5,200 Rubber Lees *18% r" 7,200 101 % *101% 373/4 54'A 37 Va 373/4 37% 38 53% 53% 53% 54 36% 37 37 Va 54 53% 102% Cement *72 74 74 75y8 *73 74% 74 Va 74% *36% 38% 38% 38% 38 38% 38 38 % 7% 7% 7% 7 Va 7 Va 7Vs 7 7 Va 80 381/4 10,000 54 Va 73% 101% 38 38/4 54 % 3,900 38% 2,800 7% 37,300 1,200 — — 38% 7% 7% 6% 7'A 6% 63/B 253/8 24 253A 24 Va 24% 23% 24% 8,100 12% 13 12% 13 12% 13 12% 133/8 123/8 13 13 Va 13'/a 4,100 45 *43% 45 45 45 , *43 35 *56 3 46 *34% 57% 22% *42% 34% *56% 22% 22% *98 *98% 99 10 10% 3/8, 103/a " 48% 48% 48% 7 34% 35 57 57% 22% 22% 10% *48% 13% 13 y4 13% 2% 2%- - • 133/4 7% 2% 20% 21% 7% 7% 13%, 2% 21% 20% 73/4 * *7% 67% 673/4 68 12% 67% 12% 67 Va 5 12% 12% No par 24% 25 24% 243/4 32% 31% 32% Co 10 32% 8% *182% 483/8 133/4 13% 5/8 23/4 21% 7% 73A 69% 67% 73/8 68 % 7% 50,800 , ♦ 2% 213A 15,500 3,200 7% / 13 13 12% 13'/a 123A 123/4 *12% 12% 25% 24 25'/a 24% 25 V4 24% 31% 313/4 \ 31% 1,300 253/B 31% 32 31% - -313/4 41% 41% 41% 41% 831/4 83% 84 84% 85 41% 423/4 42 423/4 41 42»/4 18% 18 18% 18 18% 18% 18% 41% ,823/4 37% 2% 21% 24% 1821/4 1 1.600 14% 23/4 68 182 y4 - 373/4 ____No par 10 15,200 , 9 91/4 9 9% 8% 9 68% - 6,700 -68%, * 3,000 7,600 32 26,300 9y4 9% 9% 34% 7341/4 34% 34% 600 753/4 76% 9,300 53,600 ' 184 *77% v. 13% 133/a 21% 2% 21 68% 763/a 10C 2,500 48 3/8 75% >18% , 48% 34% 43 No par 223/4 100 •48% 83/4 41% 22% *99 10% 34% 82% 800 10% 34% * 1,100 573A 10% 8% • 23 100 7% ■8 40 343/8 - 10 Ve 203/4 21% 45% 343/a • ! 43 • 77 ._ com *99 ,77% '.*34 ...No par No par 2 2% .22% .. 1,300 *57'A 57% 49 12% 14 • 2% '21%. *44 343/4 ,'573A 10% 48% 49% " . 100 10 44 .'34% , . .23% 100 10% X44 35 23 • - *7 . 58 56% 100 10% 49 -35 23 *98% 100 7 6% 35% 58 1 78 *771/4 37% '34% 773/a 1182 *41% 78 *77% 393/a *34 34% 76% • 39 •> 76% 34 % 175 3/4 77 183 *182 184 ; *182 ,, 763/4 184 182 182% 90 40% 41% 41 41% 1,500 85% 41% ,85 851/2 85% 85% 700 * 78 78 37% 39% 42% 18 78 39% 42 .18% *78 781% 42 «/4 37% 161% "16% * 383% 42.3/4 11,700 18% 183/4 5,000 78 * 78% 400 37% 39% 28,900 16% 38,900 16% 16% 16% 16% ...No par 75 75 75% 75% 76 76 3/4- 76'% 76% 77 77J/2 763/4 77% No par Corp (Md) 30 30% 30 31 30% 31% 29% 30% 30 303/4 30'/8 30% 4,200 12% 13% 12% 13 12% 13 123/4 131/8 12% 131/4 38,400 24% 10,600 A Long Island Lighting Co No par 12% 12% .-.^...lo common 24'/a 24% 25 16'/a 25 243/a 16% - 24% 1 16% 2,800 24% 24% 168% 167 167% 1671/2 31% 31% 31% 31% 31 311,4 313/8 31 % 31% 31% 3,100 52% 53 54 54% 54% 523/4 54 % 531/8 54% 54 55% 14,200 32% 4,000 *101% 168% *167 168 % 1 33% 333/4 32% .101% 101% *10iy4 102 >/a —10 31% 31% *167 333/4 „100 32% com series A Lukens Steel .Co 24% 16% 52 50 & Sons Inc 24% 16'/a 31% *167 _ Nashville ' 31% 7% preferred 100 Louisville Gas.&Elec; Co (Ky) No par preferred 101% *6% ... : (M) 37 243A common ... Long Bell Lumber 4%% 30 36% 101V2 53 % 300 37 24% 1 .___ Lowenstein 363/8 *6% __5 Lockheed Aircraft Corp LoeWs Inc & 363/8 101% 36% 19 74 24 y2 _. Co__ *18% 6% convertible 'preferred Louisville 3/8 74 101% 54 7% 50 Co (P) Co 36'A 37 18 75 24% I Liquid Carbonic Corp Lorillard 101% 6% Libby McNeill & Libby 7 Life Savers Corp Liggett & Myers Tobacco com 25 7% preferred _._A ,_____„__100 Lily Tulip Cup Corp______._No par Star 101% 18% *74 33,800 v No par Libby-Owens-Ford Glass Lone 3J02% 36%, 19% 75 , 24% Tire Lerner Stores Corp Oil 36% 19% *74 . .wo par Lehman Corp (The); Lehn & Fink Products 3 % % 75 733/4 1st preferred_.No par 50c ncn-cum 2nd pfd No par Lion 19% *74 36% 36% non-cum Belt *19/4 •37% pfd_75 Pesos Mex (James) & Sons Co Link 19 % 75 36% *53% 3.85% cumulative preferred 100 Lehigh Coal & Navigation Co 10 Lehigh Portland Cement. t 25 Lehigh Valley RR : _No par Lehigh Valley ,Coal com. ____1 $3 *19 *74 *101% 4 & 19% 74 74 „ *373/8 Lane-Wells Co Dec 20 77% 57 preferred 26 % 94 763/4 583/4 No par common 45% "7 773/8 57'A 10 6% Jan .. 76% 59 No par : (The). Jun Jan 77'A 58% Co Consolidad Jun Jan 76% 59% 10 (The) 37 May 76% 59 Issued" Lambert Shares 75% No par Co the Week 76% 100 & Sales fov Jan. 12 g per share 59% Co H) Co 28 July 13 3% Jun Dec Jan 43 (S S) Kress Friday Jan. 11 $ per share 75% preferred Kresge Thursday tper share Jan. 10 S per share No par 1 prior preferred Kcppers Co Inc common Kroger I per share Wednesday No par $5 4 </o PRICES Jan. 9 583/4 5 ' - Kimberly-Clarke Corp com Kinney (G R) Co common. 1 42% Jan 26 24 101 July 12 July 17 6 14 24 Nov SALE Tuesday Jan. 8 1 per share No par County Land Co. i Keystone Steel & Wire Co 193/4 July 12 Jan 6 22% Nov 76% Nov 37 11 34% Dec 3% 20 27 HIGH Monday Jan. 0 Kennecott Copper Jun AND Saturday Par Jun 11 Va 17% RECORD LOW STOCK $ per share 39 62 STOCK EXCHANGE 40 , YORK STOCKS Year 1949 32 167 169 250 33 y4 32»/8 32% 3234 32% 102% *101i/4 102% 1021% 1021/2 *101i/2 103 30 31 % 323/a 30 % 31% 30 y2 32aA 313/4 32 6,300 AND 1 33 24% 168 HIGH 4/ Range for Previous Year 1949 Lowest Range for Year 1950 Lowest Highest t per share $ per share NEW YORK Highest $ per share STOCK $ per share ' . 9% Jun 14% Oct 11% Feb 28 17 May Apr 42 Dec 36 3/4 Aug 8 42 Dec 26 Jan 31% 139 Oct 135% Mar 3 143 Sep 19 6% 18% Dec 19 Mack 9% Jun 15% Jan 11% Mar 31 273/a Jun 33% Jan 283/4 July 17 101 Nov 3 95 % Jan 104 V, 8% July 10% V ^ , 5 Jun 430 Jan Jan 19 % 52o ciuii 6% Feb 7 Dec 13 20 Jun 8% Dec 15 Jan 11 510 Utsc 15 % Jun 18 3A Feb 10% Apr 17% Jun 25 Dec 6% Jan 8% Dec 16% Mar 18% 18 28 July 3 24% Apr 550 Oct 16 Apr 17 , 19'/a 24% Apr 25 Jan 104 7% Jun 12 8% July 25 Feb 13% 19*% Jun Jan 27 3 Marine St Sep 59 Nov Feb 7V8 ! V Jun " 12 Jan 30 $3.75 Jan 10 90 Feb 18 $3.40 173/4 May 11 11% Jan 3 42 y4 Jan 13 25 Jan 19% July 14 18 ijT"*"** 39 Jan 29 Va Jun 24 36 % 100 45 y4 > Dec 99 Dec Dec 16 19 39% Feb 34 Apr 30 % -41% Jan- 60% Nov 44 30 y4 Jan 41 % Dec 33% -19% Feb 25* Dec 21% X13 . 'Jun"" July 13 July 3 303/s Dec July July July July July July 52 Mar 28 273/8 Sep 25 23% May 11 49 Aug 17 37% Jun 105 May ' 9 3 $3 58 Jan 3 10 9 11% ll3/a 11% 11% 11% 11% 11% 3,100 *22 % 23% *22% 23% 23% 23% *22% 24 24 24 24 8% 9% 8% 9Va 8% 9% 8% ' 38 '/a 38 % 38% 38% 38 % g3/8 g3/8 9% 9% 9 Va 9% 9Va 9% 9% 43/4 43/4 4% 5 43/8 4% 4% 43/8 4% 34% *103 ___1 convertible 1 Co 7% Jun 34% Jun 12% Jun 13% " • Jan 10% July 17 17% Nov 20 49 " Jan 42 Jan 13 53 Nov 20 14% Jan 16 19% Nov 27 6% Aug 11 7% Jan 3 V 39 3/4 Jan 13 953/4 Nov 9 66 % Dec 28 15% July 7% Mar 8% Jan Apr 433A Dec 90 Jan 99 18 July 27 30Vb 97% Jan Dec 23% Jan 40 ; Jun 1053/4 Dec x203/s Jan * Jun 37% Jun 14% Jun 18 Va 7Va Jun Melville Shoe Mengel Co (The) , Merch 133/a 13% 14% 14 14% 46% *45% 47 45% 45% 800 25 24% 24% 24% 243/4 24% 25% X24% 24% 24% 243/4 4,100 22 21% 22 22 22% 21% 22% 21% 21% 22% 22% 4,800 44 *43 % 44 44 44 43% 44 43 43 33% 33% 34 33% 34% 33% 105 % 108 33 \ 105 % 33% 105 % 33 106% 47% 47% 47% 48 *37% 38% 38i/2 54% 8,300 41% 413% 4,300 233/4 23% 233/4 17 17% 17 17 16% 16% 2,100 25 24% 24% 24% 24% 24% 24% 9,600 94 *931/4 94% *93% 94% 93% 94% * 17% 17% 24 24 23% 24% 241/a *93% 94 93% 93% 94 *59 62 1 25% •' 25% 25% 62 60 61% 26 25% 25% 59 % 25% 61 65 25% 61" 61 61 25% 25 3% 25% 253/4 17 No par *6% 6"% *6% 6"% *6% 6% 6% 6% 50 . 17 17 *52 53 _50c 63 63 ...No par preferred *100 102 16% *52 62 % *100 Scott No par ■: 5 Co__ 3.90% pfd_i00 Copper. 54 19% 20% 12,900 7% 6% 6% 300 623/4 5,100 543/4 Nov 30 13 17% Dec 28 Minneap & St Louis Ry. 16 29 Minn common 1st preferred 62% 62% 62 102% *100% 102% 101 27 26% 27% 27 27% 9,700 51% 51 Va 51% 51% 52 53 51% 52% 4,500 104 *103% 104% 104% 40 107% *106 107% *103%. 105 49% 49% 50 51% 102% 102% '. 101 104% *103% 104% *103% 104% *106 107% *106 107% *106 105 *103 105 *103 100 107 % *103% 105 18% 18% 18% 19% 19% 20% 20% 19% 203/4 58 % 59 58 % 59 59% 60 57% 59 563/4 58% 18% 18% 18% 19 18% 18% 18 183/4 18% 19 5 44 % 45 44% 44% 44% 443/4 44 44% 44 44% * 150 26% 27% 5 1393/4 Nov 7,000 62% 26% 10 Inc 13 ,19% 20% 20% 57% . 58% 13,600 18% 19 22,600 443/4 45 33,200 3,800 100 133% 133% 135 *133% No par 17% 17% 17% 18 17% 18% 17% 17% 17% 18% 17% I8V4 15.800 x.-No par S8 Marie 15% 16 15% 16 1&'* 16% 15% 16% 16% 163/4 16% 163/4 15,400 42% 12,300 113% 560 134 136 *133% 136 *133% 136 133 134 190 Regulator— Common conv 17% 53 *100% 27% 61 17 20% 27% 27Va 103% *6% 17% 53 No par Petroleum Utilities July 18 3.20% 500 63% 105 11 410 13,800 102% 62 »/4 *100% *103% 30 2,500 27 631/2 102'A *106 Dec 54% 413/4 17% 105 42% Dec 54% 23% 17% 107 % 113 600 41% 17% *103% 10 2,300 37-3/4 53 24 *106 July 17 48% 373/4 23% 4L% 23% 100 Jan 20 48 20 & 106% 373/4 *51 P *105 473/4 47% 19% St 130 3,300 106 % 53% 541/4 41% 23% 100 Dec 33 % *37 17% Prod 43 413/4 53% 41% 23% *59 33% 40% 541/4 41% 23% 17% . 38 33% 523/4 51% 41% 51% 48 37% *42% x23% 51 *23% *105 106% 473/4 . 41 .,' preferred series 3 *105 38% preferred series 29 * 106 % 3.85% 99 22. 13% 46% 52% Steel 4.100 14 47% 19% Midland 170 13% 16% South 883/4 *46% 52% Middle 760 883/4 89% 14 19% Mid-Continent 420 100% ' Co Edison 6,000 100 % 100% 47 17% Metropolitan 60 100 100 13% 52% Machine 593A 100% 47 47"% common & 60 185 13% 191/4 $3.50 ♦180 21% 10 & Merck 8% 89% 89% 59% 185 47% 4.35% 7 ,*88% • 60 16% Miami page 89% 12 20% Mar *180 52% 30 see *88% 107% Sep 7 185 19% 28 For footnotes 583/4 104% Nov 28 Apr *180 17% 19% Dec Nov 185 53 57 % Dec 101 185 *180 - *43% ? 1 Minneapolis-Honeywell Mar 7,800 *180 185 110 31 87 3,900 30 6 July 13 July 5,300 19% 29% 19% 23 8 3/4 31% 19% 30% 19% 15 Jan 31 20 29 Mi 19% 383/4 Feb 12 .31% 193/4 30 3% Dct 10 % Jun 303/4 20 Va 29 38 % 1st preferred: Stores Dec Jan 30% 20 30% Inc convertible 3 12% 30% 20% 30 Min Transp Co & Co Inc common 0% Mercantile Jan 28% Jan 31% 19% 303/8 *37% Corp.. 13 125 31 20% 293A *47% Corp common No par 4%% preferred (1st series)___100 4% 2nd preferred (1st series)x_50 Jan Dec 30% "V 20 30% 7 106 34 30% 20% 31% 20% Mesta Feb 139% Mar 24,900 No par Mclntyre Porcupine Mines.. 5 McKesson & Robbins Inc com.: 18 Stores Co.x__.i_ u____l 48 Jun 21,600 14% 25 ; McLellan 18% 124% July 103/8 Aug 203/4 14% 49% Nov 27 Dec 143A 27 20% 14% Merritt-Chapman 104% Dec Dec 20 3/8 13 % 34% July 12 37% July 17 101% Feb 21 102% July 101 20% 13% 25 110 y4 Oct 8% 9 21% 13 1 27 11 19% 133A 13% preferred___100 Publishing 20 21% 13% *47 3 50 35% 103% 20% *180 No par common 4,410 12,400 34% 103% 35% 104 303/8 •" ___No par Corp 16,100 4% 13% 883/4 Corp common 13,500 9% 4% 21%. 89% Preferred 393/4 9% 4% 13 Va 89% No par 38% 9% 20 *88% Corp 38% 13% 99% common 7,500 20% *99% 94% Nov Oct *103% 100% 5 64 X34 % 35% 104 100% 82 27 % Jan *103% 59% 93% 6 34% 35% 104 100 70 Va May 323/4 Jan 34 Va *103% 38 600 9% 13%. 30% ■ Mead x21% July 19 34% 104 38% 100'A 11 Oct 34 *103% 38 24% 8% S 20 , 100 McQuay Norris Mfg Co Dec 343A 104 38 8% 9% 593/8 18% Aug 16 34% 40 11% 100% 32 % Oct 27 16,300 11 100 Electric 14% 540 103/4 59 % 3% % 13% 540 10% *99% Stores 14% 540 10% . *99% McCord 6,500 13,600 59% McCrory 6,100 12% 5 preferred McCall 93/4 35% 12% 100 Co 9% 343/a 12% 100% 3 Jan ;■ 59 Mi 5 Jun " 100 14a/4 Jan 20% 13% *525 *99% 12% Apr 283A 13% 539 100 9% 34% 100% 17% Mar Jan 539 102 20 10,100 12 common 17 Va Nov 13% 13% 538 ' • 12% No par __ 12 Va July Jan 538 102 103% 9 Mr 34 100 McGraw 423/s Feb 13% 13% 540 *102 9% 35% 58% McGraw-Hill 26% Jan 13 34 *99% 52% Mar 15 13 103% 9% " *993/4 40% Nov 13 33% 11% 1 preferred 17 13 33% 59,000 12% cum 27 21 33% 5 Maytag Dec Dec 33% No par $3.75 100 87 33% 36 Va *530 300 19% v. 12% No par Co Stores 183/4 ,13 pfd 1947 serles__No par cumulative pfd No par Jan 22 Aug 18 9 % 19% *102 103% 9% 343A 18% • 12% Co L) Corp Dept 100 963/4 Dec 12% 30% Mar 90 May 97 Dec Dec 45 * May 19% Mar *—•» 9 Dec 88 Jan *102 9% 343/B 19% 33 , 3,700 40 142 12% No par Martin-Parry Corp 98 " 30 26 103% 9Va 34% •- 40 12% 100 Master 185 13% 540 *102 •• 16% ,.15% *139 5 Mathieson Chemical Corp 7% preferred 3 ' Co com 15 453/4 July 13 9% 15% 39% 142 100 preferred 22 Dec 98 3A Marshall Field & 18% Nov Aug ' 34% 15% 39% *139 6.25 Corp Ry 6% prior pfd 313/4 Nov 49 103% 15% 40 142 1 Shirt Electric Shares $ per share 12% Midland Market Masonite -1 per share __5 9% Nov 29 *530 1 No par (Glenn / 13% , ?_50 19% May 4 33% Dec 29 Martin *102 1 Co 38% Dec 18 Feb RR Co Manhattan 21% Dec 175 100 : Maracaibo Oil Exploration Marathon Corp 179 Jan 34% 13 Feb -. 9% 10 23 Jun 80 No par — Oct 38 89 Madison Square Garden Magma Copper Magnavox Co (The) —; Bros Dec *39% 33% Mandel ,170 89 33% Coal the Week *139 33% Mahoning Sales fov Jan. 12 15% 16% 39% 142 33% 27 32 15% 39% *139 33% I3 30 15% 40% .139 333/8 4%% 12% July 13 24% July 27 1534 40 139 No par Sugar 8 16 V*. 41% 140 Macy (R H) Co Inc com 4%% preferred series A Manati Friday Jan.11 tper share 19% 9 13% May *40% *139 18% 25 Dec *->16% 100 18% 106% Sep 9% July 19 5 common__10 18 30 Thursday Jan. 10 $ per share - 13 7 31 t per share PRICES Wednesday \ 17% 9% Jan Dec 19 Forbes Inc__ Jan 23% Jan. 0 $ per share v SALE Tuesday Jan. 8 5 25 Jan 11% Trucks 100% Aug Apr 10'/a 3 Par Working Co_ & Monday Jan. 6 /' preferred 18% Apr 23% Jan Dec 95 % Jan M Wood / • LOW Saturday > 9% Oct . 6% July 13 19 M & MacAndrews 12% Aug 9% Dec 5 4 7% Mar 30 Dec 6% 20 14% Apr 35% Dec 71/a Jan Dec Jan 12 Mar 30 10% Jan 9% Aug Mar 4 343/4 May 25 105 - ^ . M 131 ,v EXCHANGE . A ' STOCKS 1.50 pfd series A 100 41% *112 42 41% 113 *111% 42% 113 41% 111% 42% 112 42 112% 42% 113 42% 112 42% 113 42 113% 17 NEW Range for Previous Lowest Range for Year 1950 Lowest Highest $ per share 66% 101 Deo 94 Jan 108 Dec 104 NEW Highest t per share Sper share Jun Sep 151 26 10 Va Jun 14% Jan Jun 80 Feb 67 Nov 28 16ft Jun 22% Not 16 Jun 108y8Jan July 19 LOW Saturday 9% July 12 Mln & 5 Mfg common No par 151 »—— 38 Issued" $4 preferred No par Minneapolis-Moline Co common—1 21 Dec 27 84 Nov 10 $5.50 1st 27% Dec 27 27 $1.50 2nd preferred 27% July 26 34% Mar 20 Jun 54% Jan 46% Jan 25 73 28 Mission Corp Jun 10% Oct 9% Jan 3 15% Dec 26 Mission Development Co 11% Dec Mo-Kan-Texas 3% Jun 15% Jun 3% Aug Jan 4y2 Jan 3 25% Mar 21'A Jan 3 4 '/a Feb 10 31% Dec 30 25 Jun 35 4 41% Oct 6 9 Jun 5% Aug Jan 12% Deo 30 Apr 11% Jan 22 52% Dec 22 13 16% Nov 20 Minnesota Power & Light Co_No par 45% Jan Jun 10 57% 113 Jan Deo Deo 14% Deo Mohawk Mojiffl Carpet Hosiery Machine 29 Moore-McCormick Jan 15% Dec 29 20'A Jan 18 Morrell Deo 23% Jan 22 57 Oct 19 Motorola 14 Jun 26% 16 y2 Jun 27% 15% Jun 11% Jun 23% Deo 17% Jan x9% Jun 14% Jan Dec 11 Jan 50% Deo Feb 10 Mar Deo 112% Mar Jun 26% Jan 12% Jan Motor Products 14 Motor Wheel Mueller Mullins 13 19 May 24 29 14 Oct 18 44 Jun 29 56 % Dec 6 108% July 12 113 15% Deo 15 Jan 13 23 % Aug 30 39 Oct 41 36% Jan 13 51 Jan 43 13 52% Aug 30 53% Jun 12 17% Deo Corp Co 4%% Inc (G C) 1 common preferred 100 com—10 Murray Corp of America 4% preferred (F E) 50 No par & Bros 42% 42% 42 42% 43% 106 105% 105% *105% *105% 106 Shares 169% 168 169% 2,100 42% 16,900 40 106 62,500 21 21 Va 21% 20% 21% 20% 21% 20% 21% 84% 86 85 y4 87% 86 87 86 86 28 28% 29% 28 28 27% 27% 27% 28% 1,900 30% 30% 30% 30% 30% 30% 7,400 700 30% 30% 75% 74% 75% 73 75 73 75 75 Va 75% 15'/a 15% 15'A 15% 15 15% 14% i5y. 15 15% 6,500 10% 11% 68,lU0 50% 53% 37,500 57,100 4,700 10% 10% 10% |11% 10 10% 10% 10% 50% 51 y. 51 51% 48% 51% 49% 51 y4 24% 25 % 24% 26% 24% ! 26% 25 25% 34% 34% 35 35% 35 35% 35% 36 15 Va 14% 15% 15 15% 2.000 22% 22'A 22 y2 21% 22 3,500 14% 14% 14% 15 22% 23% 15 23% 22% 2J 22% 24% 25% *35% 36% 1,600 74% 75% 74% 75'A 74% 73% 74% 73% 74% 129% 130% 129% 129% 127% 129% 127% 123 % 127% 128% 131 Va 11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 1,500 21% 21% 15,900 65% 66% 24,900 17% 21,100 21% 21% 21% 21% 21% 21% 21% 66 21% 66 y2 66% 66% 66% 65% 66% 65% 66% 17% xl6% 17% 18 16% 18 17% 17% 17% 17 17,500 3,690 17% 17 17% 17% 17% 17% 17% 2,800 42% 43 41 43% 42% 43% 42% 44% 18,800 29 % 29% 29% 29% 28% 29% 29 29% 29% 30 26 % 26% 26% 27% 26% 28% 26% 27 % 27% 27% 19 19% 19% 19% 18% 19% 18% 19% 19 Va 19 Va 9.400 17% 17,400 13 V'4 2,100 17% 41% 29 26% 19 74 22% 17'/a 17'A 13 *55 *110 20% *46% 1 5 167% share 30% 17'A 26 16% share 172 Sales fot the Week t per 75% 31 75 15% 10% 51 26 % 35'A 15 42 29 1 Jan.II I per share 44 41 *105% 105 »A 171 173 Friday Jan. 12 Thursday Jan.10 t per 30% 17% 10 5 Co 27% 42 No par Co Mfg Corp.- Murphy Myers 17 % Corp Brass Munslngwear Mar 17 66% S 3 20 Jun Jan & 42% Aug 24 9 No par Lines Inc 19% Dec 30% Mar July (John) 21 % (Tire) ___No par Montgomery Ward & Co 30% Nov 3 20'A July 17 13% Mar 25 Co Power *130 *11% 5 Co *84 84% 26% Wednesday 84% 2# '19% 75 75 No par B Utilities Montana-Dakota 16% Dec 23 5~9% new_No par common—6 Co pfd series conv 27 13% Deo Jun Oct 3 $4 12 % Jun Jan 16 y2 38% 13% Feb 50% 24% *34% *14% 23'A -20 1.25 Tool Monsanto Chemical 21 Montana 10% 108% 30 Dec 23% May 11 €7% Nov 24 Jun 9 10% Jun 77% Dec 21 135 No par com Mills Co Inc 19% July 13 49% July 13 47% ■ 54 July 26 111% Jun 27 RR 30y2 *75 15lA 10% 10 5 1% preferred series A 100 {Missouri Pac RR 5% conv pfd_100 Monarch 103% *26 105% 106 PRICES SALE $ per share 156 155 40% 39 38 % HIGH Jan. 9 f per share 153% 152 *105% 19% *83% 100 25 - preferred conv 7% Dec Jan. 8 * per share Par Minn AND Tuerday Monday Jan. 6 38% 6 STOCK STOCK I per share July 26 67% YORK EXCHANGE "When 104 YORK STOCKS Year 1949 . *17% 42 17% 17% 17% 17% 17% 17 17% 17 17 y4 17% 13 % 55% 110% 13% 13% 13% 13% 13 13% *13 13% 13 55% *110 55% 110 110% 21% 21 21% 20% 47 46'A 46% *46% 55 110 i,ioo 55% 55 55% 110% 55% 55 110% 55 110% 55% *110 6,200 3,900 *110 110% 120 21% 18,300 20% 21% 21% 21% 21% *46% 47% *46% 52% *52 21J/2 47 *52'A 52% 52% 52% 52% 52% 19% 20 19% 20 54% 55 52% 54 53% 53% 53 54% 34% 34 34% 34 34V2 4.300 13% 13 Va 12% 13 Va 13,200 12,700 4,200 18,400 53 19% 53 53 20 47 200 53 *46'/a 47 500 20 59,800 N 10% Jun , 16 July 13 22 Jun 32% Deo 32 Jan 173A Jun 24% Deo 23 Jan Jan 9% Apr 5 Dec Nashville 21 Chatt & 13 34% Dec 18 National Acme 6% Jun 29 141/4 Dec 27 National St Jun 14i/8Julyl2 23 13% Deo May 27 National Automotive 12 Jan 13 Jan 20 Dec 28 National Aviation 40 % 31 '/a Dec 26 39% Jan 17 National Biscuit 185% Sep 7% Mar 4% Jun 30% 5% Jun 36% NOT Jun 8% Aug 9% Jan 5 Jun 9% Jun 27% Feb 13% Feb 17% Jun *11% Jun 86% May 25% Apr 12 Jan 39% Deo 175% Jun July 13 7% July 12 National 22 National Department 27% Dec 21 National Distillers Deo 15 July 25 94% Jan 11 Deo 35 Jan Jun Deo H Jan 26 Deo 28% Deo Dec 19% May Dec 86 9% Jun Jan 12 Va Apr 13% Not 22% May 31 102 Jun 7 69% Dec 10 29 July 13 185y2Jun Jan 11 159 7% Jan 4 18 Jan 5 31% Dec 26 24 Lead 27 Steel I per share 9'/2 Jan 12% Lou $ per share 13% Mar est $ per share Jun 14% Deo Jan 104% Deo 7'/a Jun 14% Feb Mar 39% Not 34 Jan 102% Oct Jan xll% Deo 102% Deo Jun 8'A 94 67% Dec Feb 14% Dec Mar 42 9% 17% Feb 10 Neisner 4%% July 11 42% Nov 25 105% Feb 16 Apr 10% Jan 14 14% 14% 14 % 14% 14% 5,800 49% 49% 49% 50 49% 49% 48% 49% 48% 49 47% 49% 5 20V2 20% 20% 20% 20% 20% 20% 20% 20 VB 20% 20% 21V3 8,600 27% 27% 27 Va 28 x27% 27% 26% 27% 26% 27% 27 27% 30,400 25,100 18% 68 Va 10 *184y2 Jan 13% Mar 23 66% Mar 14 Jun 3 13% Jan 24% July 11% Jan Jun 102% Deo 90 103 26% Mar 29 Jan Apr 13 22% 4 19 Jun 6 Nov 21 21 250 Mar 200 Dec 13 246% Apr 19 17% Dec 28 NY New 52 Dec 27 20% Apr 12 Jun 9% Jan 21 6% Jun Jun 27 33% Jan 15% 28% Jun Feb 27 19 Apr 14% Oct 31 N 21% July 27 93 Dec 12' 18% July 13 24% Dec 15 85 28% Apr 100 Feb 24% Mar 5 15 9 29 Jan Dec 14 91 Mar 29 91% Dec 22 97% Jun 98 Jan 9 Dec July 26 26 Dec 19 July 17 16 43% Jun 5 53% Mar 4 28 75'A July 85 Feb 6 27 8% 9 15% 106% 8% 101% 109% 5,000 I,400 41 Va *40% 41 Va *40% *101 VB 101 % xlOl'/a 101% 1.90 11% II % 11% 11% 11% 17,300 100% 100'A *100% 101% *100% 101 Va *100V4 101% 110% 110Ve 111 109% . 108% 109% 20% 19% 20% 19% 20V4 *77 79% 79% 79% 81 35 36% 34% 33% 35% 37% 37% 37% 36% 37% 37 38% 20 20 78 108% 111 22% 22% 24 22% 23% 182% 182% 182% 184 181% 183% 145 Va ~145 % "l4.6 145 143 16 16 15% 16 15% 15% 15'A 45 45 45% 46 45% 46% *44 '/a 75% *211 143 Va 75% 244 144 75 76 75 *211 244 *211 75% 230 20 *80 81 v , . *75 *215 20 Va 83 30 3,300 10,100 240 37'A 38% 44,500 38% 39% 5,700 348,600 24% 23 180% 111 24 183% 186 24% 209 6% 13,100 51,700 145% 144% 145% 145% 147 12,000 15% 15% 15% 15% 16 2,800 44% 46 *44 44'A *44 75% *75 75 Va 75 75 *211 70 230 230 230 *220 17% 19% 19 20 Va 300 40,000 17% 17% 17% 17% 52 % 52%. 52% 17% 52% 18% 52% 53% 51%. 52% 51% 54% 52% 54% 9,000 19% 19% 19 Va 21% 21% 22 VB 20% 22 21 21 % 21% 21% 29,300 25% 25% 25% 26% 26 26 Va 26 VB 26% 27 Ve 28 13,300 *96 VB 98% 96 V* 96% 93'/a *96% 98% 96 Va 96 Va 30 21% 22 Vs 22 22V4 48,900 27% 3,655 20"%. 21 Va 27%_^ 27% 20% 21 Va 27 27% 26 *96 % 21 26% 26% 98 21% 27% 89" *87 89 *87 89 3.60% preferred 100 *91% 94 *91% 94 *92% 94 3.90% preferred 100 *99 100 Western com Co 10% Jan 18% Dec North American Feb 78% Jan 5 Central 28'A Dec 8 88% May 18 397/a Feb 23 Northern Dec Northern Natural 17 Jan 3 33% Dec Northern Pacific Feb 11/a Dec 9% Dec 15 Apr 95% Dec 21% 27 27% *27 271/4 89 *87 89 *86% 92% 93 *91 Va 93 92% 98% 100 100 100 '27% 100 88 92% 100 100% *99% 10% 10% 10% 10% 10% 10% 10 10% 10 Vb 10% 10 % 36% 36% 35% 36 Va 35% 36 35% 36 Va 35% 35% 35% 36 25 50% " 50% 50% *26% Aviation Dec 21% -87 25 Ry preferred 397/a *96% 4 American 19% 18% 1 Corp Jan 17% Corp— *88 & 8% 101 Va 100 Adjustment 10 8% 8% 11% 42 *101% 21% 1 8% 16% 106 % *105 101 VB 37% 38 22% 182% *15% 16% 105 xlC5 *40% 38 38 8% *15% 12% T2% 42% 34% 21% 8% 16 Va 106% 12% 101% 11% 32% 182 8% 16 '/a *105 12% 101% *100 111 8% 16 Va 106% 12 11% 42 102 11% 11% 15% *105 12% 11% 42 *101 43% 102 11% Thursday 41% 78 100 North 28 15% *105 33% stock—1 21% Feb 24 18 15% 106% 79% No par 11% Jun 31 16,500 1,100 32% A 15% July 12 13 Shares S per share preferred Norfolk PRICES 12% *78 1 partic A Electric SALE S per share 11% 19% Nopco Chemical Co 24% Dec HIGH 3.40% 24 Jan AND I per share 11% 20% Niagara Mhk Pwr Corp com_No par 39 Va Nov Jan 21,100 $ per share f per share 11 20 50 Gas Noma 28% 3,200 9 Va —100 & 19 59% 14% 8% No par Common — $8.75 preferred Class 14 % 9 Sales tow 109% / No par series Elec 14% 87/s No par 5% Shipbldg Corp State 14% 9% No par preferred Oct sep Jun 8 103% Mar 20 Mar 8 Va 31 Y 14% 8% 200 3,600 the Week *100 Haven & Hart RR Co.100 Preferred NY 14% 9 '/a 100 N Y & Harlem RR Co non-cum 14% 8% 5 NY City Omnibus Corp New York Dock common $5 23% ; preferred series A 73% Nov 23% Friday 11% 100 com — 42 23% Jan. 11 *42 No par Co 26- 23 Va Jan. 11 *100% No par Central— Jan 24% 14% 9 1 New 13% Jan 23% 87 Jan.10 *8% 10 NY 6% 24% *86% 87 Wednesday 15% pfd.100 3 30 23% *86 Va Jan. 9 1 21 Oct 87 Tuesday *105 No par 21% Dec - 22% 87 Jan. 8 11 5 188 % Oct Louis 21% Monday t per share 1 3 28% Mar 29 20% July 11 % Jan 14% 8% 100 56 Jan 14% 8'A Par Brake Dec 15% 14% 8% 21% 23% 87% *87 Jan. 6 preferred Dec 26 14% # 22% ' Saturday New 61 47i/2 24 Newport News Ship & Dry Dock Feb 30 24 common 48 14 24 100 Jan Jun 24 1 com 14% Jun 88 100 30 6% 23 Co 8 152 18,500 22% 17. : 29 2.800 22% 22% 21 Jun 29% 30% 39% Oct Rights 29% 30 34% Oct & St 20,300 30% common Industries York 2,000 55 Va 55% New Chic 26% 54% 29% 88 53,100 26'A 55% 54 22% is % is 26% 56 88 1,300 4,500 % 30% 22% 10 9% 32% 26 VB is 30% *87 155 9% 32 26 55 — Air 26 10,600 200 184 *153 9Va 32 Va 32 33 % 18 26 155 9% 30 LOW Jun 211/4 % 2574 183 *153 54% STOCK Jun — is 100 Inc York 31% 34% 26% is 9% 54 preferred 4%% 154% *9 29% 80% Dec * 184 154% 91/4 29% 3 July 128 Inc 184 155V2 68% *183 9,300 360 101 183 184% 154 Va 33 33% *26 68 54'A 1 Bros * 18% 18 101 68% 29% No par Newberry Co (J J) 3%% preferred — 96% Not ie 26% 18 Va 101% 67 VB 54V4 Pa com—10 Fibre 10 Jan 9% 5 20% 86 i» *26 17% 101% 68% 9'/a 155% 33 33 18 Va IOV/s 67% 68% 54% Corp Nesco __ Va 32% 17% *101% 18% 102 184% 184% 45 44 —10 Newport Apr 51/a * 9% 154 Va 9»/a 155'/2 *9 44% 44% No par 18 33% Dec 184% 185V2 *154% 1 Co 22 35 205 68 100 No par 20% Nov 72% Dec 14% *101% 104% Dec Jun 142 14 Ve 18% 6 Jun Jun 14V8 68% 26 58 Apr 117 VB 133A , 101% England Elec System New Jersey Pr & Lt Co 4% Newmont Mining Corp 24'/4 .— Nehl July 18 10% July 25 x99% Sep 5 23% 9% 11% 14 \ 28 106% Aug 11 11% Jun 13 7% July 13 65 56 10% 11% 13% EXCHANGE 123/8 Feb 99 93% 11 11% 17% $ per share 8% Aug 1 14% Jan 13 102% Mar 10 *101% 29 10% 11% new YORK 21,800 11 11% ; NEW Highest 24,000 10% 67% National Tea Co Range for Year 1950 Highest 10% 11% 44% 10% STOCKS Year 1949 23,403 13,800 8% 113A 101% 28 Co 170 45 44% 17% National Supply (The) 4%% preferred Vulcanized 7% 44 Ve 101% 18 Natl 181% 8% 8 11% 17% 20 Natomas 181% 10% *101 67% Dec 9 7% 11% 1 Ref 3 7% 10'A Corp Sugar 181% 181 73A 182 44 Va Corp National 14'A Oct 181% 7% 7% *181% 10 —100 National 11% Jan 181% 182 *181 183 No par 24% Dec July 13 35% j. 21% Dec 20 19% 35 34% com 89 4 19'/a 35 11% common 29V2 Oct 9 19% 34 Va 43% Natl Malleable & Steel Cast—No par Natl Power & Lt ex-dist No par Shares 19 34% 11% preferred A National 19% 34% 44'A 10% 6% preferred B National Linen Service Corp Range for Previous Lowest Co 53"A Nov 27 10% July 13 7 4 Nov 28 Mar 22 15% Apr 71% Apr 23 V2 Dec 22 1# Jan 22% Jun 29 35% Mar 31 1% 5 21 9% May 31 25 x% Dec Nov National 19 35% 10 llVs Stores Prod National Gypsum Co $4.50 preferred 13 19% 1 National Dairy Products 20% Dec Deo Jun 13 14% Mar 30 19% 9% Nov 20y2Julyl7 17% 18 Va 193/e 34% 18 Va 44V8 Inc Deo 17% 19% 35'A 18 7% Co 17% Aug X150 *80 Lines 22% Deo *181 18% 18% 19 34% 18 7% Cylinder Gas Co 19% 34y2 17% 18% 18% 1,140 No par 28 38% 17% *18% Xl2% No par 14% Dec 95% 12% 1 27 50 13% 1 10Va Jun July 17 34 133/a No par City Container 36 33'A 13% 7% Register National National Sep Feb Cash 33'A 13% 19% 10 15 Deo 15 % National 32% 13% 100 11 152% 7% 21% - 10 preferred— National Can Corp__. Feb Jan Jan 46% Nov 24 1% 32% 13'A 5 11% Oct 125 *% 9 29 32% 10 common 27 178 19 JA Jan 8% Apr '/ 34 Fibres Inc—1 Corp Co 6% Jun 183 Jun 186 31 Jan 5% Mar 30 5% July 13 169% 14 54 1 Jun 170% Mar 193/4 54 1 9 Ve Deo 19% 54'A Co 10% Deo 19% Airlines 30% 18 19i/a 53% Nash-Kelvinator Corp 53 3 May 20 8 Louis——100 22 Ry 10 500 380 II,700 2,700 , 100 50% 50% 50 % 50% 49% 50% 50 50% 50% 27% 27% 27% *26% 27% *26% 27% 27% 27% *27% 28 18Va 17% 18 17% 18 17% 18 Va 17% 18% 17% 18 65,600 17% 17% 18 18 18'A 17% 18 Vb 17% 18% 17% 17% 56,000 *82% 50 Co 10% 17% 1 Co Gas 100 18 10 Ry 101 83% *82% 83% *82% 83% *82 Va 83% *82 Va 83 V2 84 84 32% 32% 32% 32%, 32% 32% 32% 32% 32% 33% 33Ve 33 Va 6,800 33% 31% 33 32 33 % 32 % 33% 41,300 10% 10% 24,100 14,800 300 10 31% 32% 32Va 33% 32% 10% 10% 10Va 10% 10% 92% 108% 91% 108% 91 % 108% 13% 13% 13% 13% 13% 14% 13 14 Vb 13V4 13% 13V4 13% 20,700 20% 21 % 20% 21% 21 % 21% 20% 21% 20% 21 Vb 20% 21% 10.400 26 26% 26 26% 26 26 25% 26% 26 Va 26% 26% 26% 740 17'A 17% 17'A 17'A 17% 17% 17% 17% 17% 17% 17% 18% 5,400 31 Va 31% 31% 31% 31% 3134 106 % 106'A 106% 106% 96% 96% 97% 97% 97 97% 97 97 97 97 47 Va 473A 47% 48% 45% 48 % 46'A 48% 47% 48% 22.300 20% 20% 20 3A 20 3A X20% 20% 20% 20% 20% 20% 2,800 20 20 *19% 20 *19% 26% 27% 27% 28 26% 27% 97 97 ID 00 vm 98 3A 98 98 • 8% 84 107'A Sep Jun 13% Jun Northern States Pwr Co 109% Mar 12 20% x90% Dec 27 106% July 13 Mar 22 Common 97%Jun 15 $3.60 109% Dec 16 $4.80 27 147/a Dec 28 15% Jun 26 22% Dec 28 Oct Oct 13 8 Jun preferred preferred Northwest No par No par — *91% *108 Airlines Inc common—10 4.6% 30% Dec 36% Dec liy2 Mar 23% Jun 20 32% Mar 28 14% Oct preferred Northwestern Telegraph 12% Jun 29 17% Dec Norwich Dec 104% Dec 16 16 (Minn)— No par - _ Pharmacal Co 25 _50 2.50 *91% 108 92% 108 10% 92 *107 Va 10% lO'/a 10'A 10 Ve 92 92 92 93 93 108 108 108 108 108 370 170 O 99% Jan lio ! 23% May __ 33% J*n lK37n __ 17% 26V n! 1? pfh il i4 Jan 19% 20 Jun 31% Jan 19% July 91 Nov 99 jan 90 Julys * 0 Dec 18% Oct Tor footnotes see page 22. 9 u 1193? S 2 112% Mar 9 Jun 22 46% Dec 28 ?®C 22 2?% Nov 10i45£t I 5 00. 101 a Oct Edison Co common 4.40% preferred 3,90 Preferred Ohio Oil Co 8 100 100 I—No par okla Gas & Electric Co com new_10 Preferred 20 i«lV3orp c!Sonpreferred -1 4%% convertible 100 ■ , 106% 106% *96% 97% 47 47% 20% 20% *19% 261/3 *97 98% 20 263/< 31 106% 31% 107 20 31% 106% *19% 26% *97 31% 107 20 31% 107'A *19% 32 107% 20 31,900 490 170 100 27% 27 Va 27% 18,100 99 97% 97 % 150 Volume 173 Number 4977 . . . The Commercial and Financial Chronicle (215) NEW Surf for Previous * Lowest YORK STOCK Range for Highest Year 1950 Lowest NEW Highest YORK LOW STOCK I per shore 6'% S per share tper share Pen 10% Dec 10% Jan *79% July 18% Aug 96% Dec 95 Jan 3 22% Jan 20% Jan 2o t per share < 28 Jun 11% 40 V* Jun Dec 30 3 15 Apr 21 113 Nov 10 •. , Omnibus 8% Corp July 26 (The) convertible 27% Sep 22 42Ve Jun 23 • Otis Outboard Oppenheim Elevator Dec 14% July 10 19 Oct 5 t64% July 79 Jan Jan 14 Outlet 54% Dec 72 Aug 2 57% July 12 82 t49% 79 Nov 27 Owens-Illinois Co 104 10 "22 18% _No par *76 12.50 78 Co 13 < t per share 12% 12% 12% 104 % 103% 103% *22 34% 23 34% 18% 4 18 77 *78 78% *22 34% 18% 10334 *22 35 18% >78 79 78 78 12% *22 13 23 78% *22 -77% 78 Shares 12% 104 % 34% *76% 78 12% 103% 104% 34% 19% 20 % 77% the Week *103% 35 19% • - Sales for Jan. 12 t per share 12% 104 78 79 Friday Jan. 11 23 34% 19% 80 77% 12% ' 23 34%. - Thursday t per share * t per share 12% *103% 23 2.50 ----- t per share 104% 34'/a Mfg Glass * Jan. 1U *12% A__100 _ & PRICES Wednesday Jan. 1) No par Marine SALE Tuesday Jan. 8 t per share 5 common _ 16% Jt)» Par preferred Collins HIGH Monday Jan. 6 < * - - AND Saturday EXCHANGE . * RECORD STOCKS Tear 1040 5,000 290 23 34% 7.2c0 21 21% 11,700 77% 78 50 79% 21 79 35 Vs 80 6,300 17% 5,400 P 15% 20% Dec 101 Jun 104% Sep 29 Oct Jan 11% Apr 1 7% Jan 71 Aug 97 21 20 Jan 14 7% Nov 61 13% July 17 10% Jan 11% Mar , Dec Apr 49 104 Jan 6 T^eb - 25 Pabco Products 4% cum Inc Pacific Amer Fisheries 22 3 July 12 Pacific Coast Co Sep 1 65% Sep 27 1st preferred 2nd prefererd 43 Sep Feb Jan 21% Nov 27% July 11 18 15% July 27 23 Feb 4 Jan 34 30% July 26 48 July 26 28% Apr 3 35% Jun 13 Pacific Gas "55% Mar 10 Pacific Jun Jun 89 Feb 135 Jan 2% 34% July Dec 148 Jun 29'/4 Jan 54 104'% Jun Dec 4% Jan 44 — 36 Jan 18 152 Sep 26 7 Dec 53 Oct 8'% Dec 28 8% Dec — Dec lliy2May23 2% Jun 29 Oct — 48 98'/2Julyl3 142%July21 27 6 4 18 6% Pacific Tin 20 Pacific 4% Jan 3% Jun 29 4% Jan 11 Packard Jan 10% Apr 12% Dec 28 Pan 22 Oct 8 Jun ISM? Apr 27 Jun 17 27v2 Oct 19 Dec 38% Dec Jun 104% Dec 5% Jun 8% Apr 22% Dp- 17y2 37 Oct > Aug 47% 34ya Jan 13 Aug 15 3% Feb 1 i7y2 feh Oct 38 - Jun 2% Feb Jan 38% Dec 34% Jan Dec -.29 9 28 5 48'/8 Nov 24 1% Mar 21 Oil 5% 5% 5% 47% 47% 4% preferred Panhandle Prod Paramount Tllford Parker Distillers & Rust 10% Feb 13% Dec 30 Penn 26% Dec 18% July 26 18% Dec 6 28 Feb 10 Penn-Dixie 22 Dec 21 Penna. 110 Oct 30 29 J&n 96% Feh 37% X8 13 Mar 102 Jan Dec Apr 10% Jun f 29 20 V4 Dec 22 12 Mar Dec 28 July 13 Dec 103 July 12 13% Nov — 6 May 19 7% July 12 108 llVhJan 18 — Dec 18 25 8 25 85'% Dec 28 29 36V* Jon 53% Jan 44V4Mar27 66% Dec 58 Oct 56 62 V4 Dec 20% Jan 24% Nov 51% Jan - Jan 5 14. 27% May 26 26% Mar 17 23% July 20 • 23y« Jun 110y4 Apr 117 Sep 112 Dec 28 08 Jan 104% Dec io2v2 Oct 23 105' Apr 26'% May / 23% July 18 110y. Sep * 105y2 Oct 20 & 116y4Mar23 106y2 Jun 9 110Va Feb 24 Penn Pennsylvania 9 21% 21% 49 49 1 > V. Phelps-Dodge Corp Philadelphia Co 6% Electric Co 3.8% 11% Apr 18 16% Nov 22 Phila & Reading Dec 15 23% Dec 1 Philco 4 96y4May 3 37% Jan 55%. Dec 83% Jan 105 Dec 10% Feb 14 Dec 107 103% Dec 21 Jan 30 3 20 Dec Feb 14 9 87 V* Aug 95 y2 Dec 91% Aug 8 51% Jun. 64 Apr 57% Jan 27 80% Dec 29 iVe Sep 11 Mar 9y8 Mar 31 16% Apr 24 100% Jun Jan 32%, Aug 105% Apr 28% Dec 4 101% Dec 97 4 Dec 8 34y2 Mar 23 106 Jun 9 15% Dec 27 97 17 110 Oct 5 11% July 14 21 Oct 17 96 Nov 22 40 Dec 84 Dec 11 Jan 14% Mar 79 Jun 88 86 24% Jun 10% Jun 100% Jun Dec 32 17% Sep 26 Mar 17 24% July Jan 16% Feb 3 14% July 17 Jan ; 29 25 Va Nov 21 142 Jan 155 Nov 148 Mar 1 155 Mar 21 156% Jun 170 Jan 163 Mar 22 174 Dec 14 28% Jun 40% Oct 7 6% Jun 37% 8% Dec 30'/a July 17 Jan 135 Mar 30 9% Dec 21 10% July 17 7 18% Dec 6 Apr 175 May 140 64% Nov 88 Jan 71 14% Jun 135% Dec Xl9% 8% Jun Feb July 17 195 Nov Jan 125 Nov 24 3 22 61% July 25 76'/4 Nov 27 Dec 19 y4 Jun 30 32 = Feb 135% Jan 13 145 29 Apr 25% 147 12% Nov 19 July 28 Dec 30 May 16 30 31% Dec Corp 71% 14>/4 14 y. 7 % Mar 23 Mar 32 Oct 27 July 56 Mar 22 Jun 22 Feb 13% Jun 27 3 Jan 4 21% Jun 30 80 24% July 12 115% Nov 107 25 V* Jan Jun 109 30% July Dec 8 16% Mar 8 13% Dec 19 38 *108y2 Dec Publicker 91 30 Nov 1 123 14 Apr 28 Apr 14 90% Jun 23 26% Feb 8 18 30% Feb Oct 27 107% Mar 9 31% Jun 30 48% Nov 13 2 26 V* Feb 27 48% Dec 30 106% Dec 26 109% Jan 10 25% July 18 34% Jan 30 5% 52% 118 117 19% 23 22 18 20 9% 10% 35% 10% 17% 10 36 105%" *105 18% Jun 20ya Jan 18% Jan 4 9% jun 14% Jan 12% Jan 3 66% Jun 74 Vz Jan 73% Jan 13 33% 33 10% *35 105 y4 17% 33 ' 10% 36% ■;,< 105% 13% .18% 19% 831/a 68 '% 82 82% 83 V* 83%' i 83 Va 67'/8 68% 67% 68%: 66% 68% 61 i/s 61% 61% 60 60 % 60 30% 27 27% 26% 27 25 25 24% 25% 67% - 26% 27% „ 105 HIGH f per share 19 y# 26% 25 *103% 105 *103% *108V2 M 114% *114 111 109% SALE Tuesday r "■ 114% 114 105 114 *i03y2 107% 110" 105 109 3,800 2,200 24,500 w 1,110 >14,900 5,200 : 30 ' .**■" : 100 80 PRICES Wednesday Thursday Jan. 10 t per share ~, 19% ,19% 27% 24% *114 - 19% *83% Friday f per share Sales for Jan. 13 Jan. 11 ( per share the Week f per share Shares 16 15% 16% 16 Vb 16% 21,300 23% 22% 23% 23% 23% 48,800 *90% 51% 92 *90% 51% *106% 51% *95% 79% *14 19 51 Va 97 50% 51% 51% 30,400 107 % 107 Vb 107% *106 108% *10fr7/* 108% 100 *102% 104% *102% 104% *102% *17% *95% 19 '*17% 97 *95'% 19 79% 79% 14% 14% •13% 32% *102% 17% *105 103 % 32 *102% 17% 115 17 *105 32% 104 *102% 17 '/a 20% 20% 20% 94% 94'% *93% 94% *93% 40% 39% 40% 40% 41 18 Ve 17% 18 ' 18 18% *150 156 *150 157 *170 175 *170 173 9% 21% 39 9% 22% 9% 21% *200 225 121 130 78 79 *31'/4 *139 32 32 "139 32 Va 33% 104 104 16% 17 79% 32% *103 *106 20% *95% 14% 32 *103 *108 2G% 100 1,400 16% 20% 94% ! 94% 94 94% 93% 93% 39'/a 40% 39 % 40 40 40 V* 6,800 18% 18% 13% 19 18% 13% 7,20) Vz *150 155 *150 155 172 172 173 173 9% 21% 128% 80% 39% 10 22% 225 132% 83 39 9% 20% 38% 38 39% 9% 9% 22% 21'/a 38% 9% 9% 22% *190 200 200 200 129 132 120% 81% 81% 82% 82% *108 17,400 54,700 210 128% 129% 83 83 31% 32% 30% 30% 31 32 31% 31% 144 30 23 29% 29 29 % 4,100 10% 11 11 11 10% 11 11 11 1,400 54% 54 54% 52 53% 8,300 53 52% 53 52% 52% 17% 17%' 17% 17% 13% 13% 13% 13% 13% , ; *139 / 144 52% ♦140 - 144 53% 53 53% 52 52 17% 17% 18 13% 5,7C0 13% 13% 13% 13% 8,000 14% 44,600 13 13% 13 ■ 13% 13% 12% 13% 13 37 37 37 - 37 37% *36 V2 37% *37 74% 74% 74% 74% 75% 75% 76% 76% 80 78% 80 5 24% 25 24% 24% 24% 25% 24% 25% 24'/a 25% 24% 24% 90'% 91 Vs 90% 91 90% 90% *90 26 26 25% 25% 25% 26% 25% 25% X25% 28 28 V4 28% 28 V* 28% 28% 28'/a 28% 28% 118>/4 *117V4 118% *117% 118% >117% 118% *117 V* 26% 91 *8IV2 88 22% 23 13% *37 87% 22% 88 87% 87% 23 22% 227/a. 13% 38 91 22% 26'% 26% 26% 26% 104% 104% 104% 104% 46% 46% 46% 47 46% 46% 45% 46% 45 3 No par 47% 49 47% 48 47% 48% 46% 48% 46% 100 107% 107% 107% 107% No par 29 Vz- 107% *107 107% 107% 29 Vz 29 29% 29% 26% 105 30 26% 105 29% 26 V* 26% 105 105 247/a Nov 24 Quaker State Oil Refining Corp—10 23% Apr 18 Radio Corp of America com—No par $3,50 1st preferred No par RKO Pictures Corp 1 24% 24% 24% 16% 78 24% 24% 24% 24% 16% 16% 16% 17% 16% 17% 77'/2 77'/2 77'% 77% 4%. 77'% 77Va 4Vb 24% 38 200 6,400 18,700 280 90% 90% 26% 26% 27% 10,200 29 28% 28% 11,700' 117% 117 y4 118% 10 87 87 100 22% 22% 23 17,000 26% 11,300 26% 105'/„ 8 26% 105 105% 500 48% 45% 46% 9,300 48 47'% 47% 26,900 30 107% 600 30% 107 V* 30 13% *37 oGO 88 *67 No par *104 10 52% *52 741% com—No par 100 2,000 144 17% 22% 730 28% 13j/4 88 10 4,720 ' 30 17% 22% "40 9,300 10 22% 22 131% 38% 144 i.3»/4 *87 90 30 17'% *117% 4,700 *139 l3'/4 90% 2,500 120 20 171 39 Vb *200 144 23,103 14% 104 16% 16% 113 19% 97 80 % 32% *13% 155 V 17 y4 , 80 171 32 144 97 79'/a *13% 19 *148 79 78 *95% 14 *17% 173 > 22% 225 97 80% 19 104% 157 97/a 121 *17% 50% *170 39% *120'/4 51% 19 115 19% 50% *150 38% *190 • *108 20% is Ve 100 16% 115 21% 40 • *95'/2 97 79 *93 y2 > *17% 14% 32 20% 38% 92 104% 79% 17% *90 *106% 78% 118 92 *103% *14% 103% 1 52 *90 107% 14% *102'% >' 92 *90 80>/8 32'/4 17% 51% 92 104 % • 32% *108 *90% *106% 104% *17% 92 *103% 107% *103V2 100 preferred 20 4,700 15% 100 Purity Bakeries Corp 600 18% 22% No par common 166,800 16% 100 com Inc 3,000 10% 36 . No par com 2,600 23 23% 100 com Inc 300 117% a *105 36 *105 '■ 15% 53% -54 *32% 117% 15% No par preferred (The) 53% 32% 118% 22% preferred series A—50 Industries conv 53% 32% 116% 16% 25 - $1.40 div preference Oil 52% iV: 22% No par preferred Pure 54 33%, 22% No par 5 com preferred 4.08% 123,100 3,200 16 $4.75 cum preferred No par Public Serv Co of Colo 10 Public Serv Co of Indiana—No par Pullman 14,800 25% 16V* No par —100 Gamble 3%% 25% 24% 22% 100 B__ Pub Serv El & Gas 25 24% 15% 2 4.64% 25% 21% 100 Pocahontas conv & "10 110 1 Electric Power Co——r10 4'%% 19 23% Dec Potomac 25 *103% _3 new. Pressed Steel Car Co Inc 26% *24 24% 110 24 Jan. 9 53% Procter 28% May 31 Coal & Iron 26% *24% *108V2 19 Va Jan. 8 *51% 19 24 - Monday # per share 20,700 26 24% 24% nr Jan. 6 27% 26% 110 800 23% *108% Saturday , ; 10,100 5,900 25% 111 54 25% Nov Dec 103 ; 14% 19% LOW AND STOCK 73% 14% 25 105 53 Creek 71% Dec 29 20 V2 Dec 85 Jun 111 72% 14% 25% 114% 54 15 24% *103 73% 25% 25% ,25% *51 12% Dec Dec 104% 38 24% *114. *103% 1 Jan 19 * . , 5 Nov Dec *109'% ' 25% 115 10%' 8V4 Apr 33% Oct 100 104% 25% X114 10% 15% 29% ' 25% 115 10% Apr 37 *113y2 24% 38 82% *10% Jun 105 y2 *25% 100 24 37% i9%- V'6l 5 4% Feb 26%- 27,000 13,800 24 % * . Plough Inc Plymouth Oil Co 12% Jun 26% 9% 9% 24 *24 v* 18% 61 % ■ 9% 9% 24% 25% 18% 30% Poor & Co class Nov 67% 61 27 9% 33,300 37% *108 y2 35% 83% 66% 26% 25% 24% 105 Va 19%:= 29% 18% Dec 30% 82% 66% 9% 1,800 19% 19 24 110 35% :*■ 29% 27 25% .'19% 18% 29% 11% Jun 7 7.. : 19 y4 -61% 9% 1,500 7% 7% 37% "■ 14% ,105% 1 Oct Xl03 % 97/s 35% .. No par No par Pittsburgh Young & Ash pfd 13% lo -' 105 v< 18% 19% 116,%: 118 ..■19%' 20 ■ 66y2 100 Jun Dec 9% *35 18 V* 14% *32%- 18% *105 18% 74% 53% 32 % ' 35 33 17% 14% 25 24%" 53%=116 18'% *61 100 (The)- '*; 83% > 83% 1 50 - 32% 105 l8'/4 19% —100 Pond 25% *34% 105 5 preferred class B preferred class A 5%% 1st series prior pfd Pittsburgh & West Virginia 52% Nov 22 Jan 9% 1% 16 20 Vb 9'% 5% 14 90% Mar 18 25 Pittsburgh Steel Co 38% Jan Dec 18% Forgings Co„ _1 Pitts Ft Wayne & Chic Ry com—100 1% gtd preferred100 Pittsburgh Plate Glass Co 10 Pittsburgh Screw & Bolt No par Sep 79% 18V2 Pittsburgh Apr 14% 53% 116 C C & St Louis RR 100 Pitts Coke & Chem Co com—No par $5 convertible preferred No par Pitts Consolidation Coal Co— 1 44% 21 24% 32y4 42% 33 7% 74 24% 25% 54'/8 41% 33 7% 14% *24% 115% 41% 33 7% 10 Va *108% 24 40% 32% 73% 25 115% 5 com 24% 24'% 42% 7% 14% 110 4 32% 37% 72 % *24% 25 41% *»'■ 9 4% 72% Ik 25'/a 53'% 8% 18 V* 10 *108% *31% 100 common 10% 24 - 9 7% . 18 25y8 Pitts 50% 87/s 23% 18 t 32 V* 7% / 28 100 Pltney-Bowes Inc Mar j2 24 43% 32 7% 110 No par **6% Feb : 23% 5 preferred 12% Apr 54% Oct 20 14,500 71% 10 — Co 2,900 43,700 14V* No par 4% preferred 3.90% series preferred— Phillips Jones Corp com 5% preferred Phillips Petroleum— Phoenix Hosiery Pillsbury Mills Inc common Plttston 4% 10 preferred— common 9% Sep 38% Feb 40,400 51% 25% 3%% preferred series A 100 Philip Morris & Co Ltd common 5 $4 21% 51% 37% Par 84 % Jan 21% 25 4.3% preferred Feb 21% *37 110 31,400 51 25% *24 V* 8% 4 37% 1 30 8% 50 37 17% 6,600 21% 24% 18 100 43% 102% 4% 42% . 32 7% 27 43 102% 21% 36% 43% 32 *25 43% 102% 50% 24% '43 43 28 42% *102 3% 36v2 71% new *26 43% 102% 48% 24'/4 preferred Jan 14 4,100 21% 9% No par preference 19% 100 Ve Oct 8% 4% 9% EXCHANGE 102% July 17 3 % 49% 4% 9% 7 preferred 88% ' ' > 49 4% 7V2 — NEW YORK 587/e Oct 23 8% 2,800 21% , 49 32% Corp of America Pfeiffer Brewing Co Pfizer (Chas) & Co Inc— conv 3"% *7y8 17% Co Corp 42% *102 * 25 t per share July 17 47% 47% 35,400 8% 42'% Petroleum $1 *48% 3% 33y3c New 46 8%- eo 6% 9% *31% 50 preferred Highest S per share 8% 1,530 148 6 21% __5 Co Jun 26 3% . 43 5 Milk Co common Range for Year 1950 Lowest Highest t per share 8% 102% 2.50 RR 20 I 9% 21% 41% No par Light Co 11% 5 I 8% 21'% 100 79% ! *102 STOCKS Tear 1949 Lowest , 41% Peoria & Eastern Ry Co 4.4% *27 102% 100 Phila 28% 40% Pennsylvania Salt Mfg Co Peoples Drug Stores Inc Peoples Gas Light «k Coke 4y2% *27 *101% Corp Sand Power & Ranr* for Previous t per share 8% No par Coke Cement Glass 29 9% preferred Pet 6 Jun Dec 5% 6 Jan 57% Coal Pepsi-Cola 17% Nov 24 8% 427/8 Co Ford 4 37% Feb 107 13 Jun x48%Mar ! 139 40% - 1 36y8 Feb July 14 35 . 9% Jun — 107 20 64V* Nov 27 30'% Aug 22 Dec 12 Nov (21 Dec 137 7y» May 22% Dec 47% No par Feb 27 46% 102% Peabody Coal Co common 5fo conv prior preferred Jun 4iy4Feb 20 47% No par Proof IV* 14'% Jun 46% 8% Mines Co 17% Jan 8% 47% 1 Transportation & *27 Corp—1 Consolidated Davis Penick 17% 47% *147 6% 42 *101% Corp Penney (J C) Co 45% Nov 148 5% 1 Refining Pictures 38y8Marl7 Jun *147 5% —100 : & 70% Nov 13 13% Nov 148 5% 99,500 July 31 32 *147 5% 88,800 31 27'/4May24 147 5% 4% 53% Apr 25 7% Apr 29 6 8% 147 5% 48 11% 19% 9 103% 27 57 21% Jan 103% 27 31V* Dec xl06'%Jun 3,800 103% 103% 29 Parmelee — 1,800 46% 103 % 104 4% Patino Mines & Enterprises Dec 21,500 52 46% 103% 103% 11% 18 Mar 33% 51% 46% 4% 20 — 33% 51% 45 % 11% 9% Jan 22% 33% 51% 46% 4% 18y8 Dec 111 33 % 52% 45 11% 6 Jun 33% 51% 4% 4 Jun 33 47% 11% Dec 167/e 33% 52 10 4% 6 106 700 11% 9'/4Jan 29 170 17% 4% Jan 23 y4 Dec 39 17% 12 Ve Utah 8 61 *38% 17% 4% & 15y4Apr *59 38% 17% 11% Jan Jan 59 38% 17 4% 7"% Dec 8'% 59 39% 17 11% Jan i 148 8% 61% 39% 4% Dec i 147 1,020 46% 104 147 19% .11% Jan ' 103% 19% 4% 27% , 103% 4,500 19% 52 46% 103'/4 140 17% 33 33% 52% 46% 100 *17% 11% 42% ; 33 Va 51% 46% —10 . : 33% *60 17% *99 17% 17 *16% 52% *146 61% 17% 100 39% 39% 17 46% 47% 14% 15 *60 39 *16% 32% ,100 Car ! * 61% 39 16% 1*71/4 100 X17% 4% Parke 29 18 17% 100 11% Park 9'/4 Dec 17% 17% *99 No par Park 17 17% 17% 100 Airways Inc 1 Pan-American Petrol & Transp„_5 Panhandle East Pipe L com No par 27 5y2 Apr 18 1 Jun Jan 18 com—_10 Nov 8 18% *51% Corp Corp 9 5% Aug 19 *60 39% com x6 i 18% *18 *39 World 22 33% Aug 22 18% 25 100 Motor Dec 4 16 18% 18% No par 10 16% 17% 100.. 19% No par Consolidated Amer 46y8 Jun 26% July 11 23% Mar Mar 22Va Oct July 20 1% 107 8% Dec 28 24% 'V 49% Mar 20 102 18% 17% 101% 18% 19 61% preferred Jun 95% Teleg Western 8 " 17 *99% 101% No par Telep & preferred 4% 18% *60 — Corp__ Pacific 3y4 36 Electric Pacific Mills ,12 a Corp of Calif & 17% *99% No par non-cum Pacific Finance 17 v 6 common———10 Lighting 60 27ye Sep Inc non-cum 30% 40 No par 100 com preferred conv 21% Dec 19 30% 30% 2,000 24% 24% 25 1,100 17% 17% 77% 17% 78 4y$ 4'/e 107% *107 >"'V 24 Vz R 80 Nov 25 RKO 92% Jan 101 Va Dec 100 23% Jun 29% Dec 27 For footnotes see page 22. Feb 3 July 13 103% Jan 10 35 Nov 16 Theatres Corp.— Ralston Purina Co 3V*% Raybestos-Manhattan __1 pfd 100 No par 16% *77'/4 3% 41% 4 4'/4 4 4'/8 *101 102% 102% 102% 34'% 34'% 34'% 34% 4 4'/a 4 3% -103 *34'% 4 103 35 4 3% »101 34% 3% 103 34% 17 *77% 78 4 4 3% *101 34% 4% 103 34'% 4 4 *102 34% 103 153,400 1,400 58,400 33,600 50 35 900 IB The Coiutnercial and Financial Chronicle ■i 20 Monday, January 15, 1951 . .. (216) Range for < per Highest $ per share $ per share $ per share 34% Mar 22 Apr July 3 4 10 % Jun 30 16% Nov 18 Jan 15 18% Dec 21 Reed So % Dec 30 30% Feb 26% Jun 34% Feb 23% Jan 20% Jun 29 28 % Dec 30 43 Jan 35 Jun 19 39 % Feb 9 Jan 30 30% Jan 13 17% Jun 34% Nov 28 % Jun 36 10 % Jan 13% 15 % Nov 23% 11% Jan 16% Oct 4% Jun 6% Jan 7 Jan 6 Dec 22 Feb 9 July 3 18% / 27 Jan 8 56 90 Jan 6% Jan 17 Jun 10% 4% Jan 5% Jan 117% Dec 30 3 32% Nov 24 Dec Feb Dec 10 43% Dec 13 Jan 3 100 Reynolds Mdtals Dec 15 39% Jan 7 42% Mar 50 Sep 39% Dec 27 50 Jan 10 85Y4 Jan 98 Aug 94% Jan 5 102% Jan 32 39% 'Oct 104% Dec 108% Nov Common 2 Preferred 108% Jun 9 Dec 19 Jan 13 30 Dec 30 13% Jun Jan y- 42% Dec 37% Feb 14 53% Dec 30 15% Jun 21 Jan 15% July 13 24% Dec 11 x3% Jun 15 Dec 30 12 23% Jun 22 31% Dec 27 Rochester Dec July 13 60% Jan 13 107 % Nov 27 Rohm 36 68% Jun 36 96% 10% Apr Jun 16 Jun 39% 107 Mar 17 102 Dec 105 14% Dec 19% Nov Dec 18 July 13 61% 61 Nov July 13 12% Apr 1 26% July 12 xllO% Jun 19 39% Nov 24 8 12% Mar 8% Sep (Jacob) Ruppert 19% 19% 2,400 20'% 19% 197B 6.500 12 11% -;w: 12 10% 11% 10% 26% 26 26% *26% • • • • -w ... ' • 90 113% i.A 60'% ; 59% 61 14% 15% 15% 15% 90 90 19% 20 15% 3.8'% 20% 1'9 20% 16% 15 1« % 4 44% 44% 44% 119% *117% 119% 30% "■ 10% 11% 10% 35 % 34% ,.35% . 34% ■i *96% 106 % 106% 106 29% -29% 29% 29% 30 t • 8% 300 31 % 31,500 7% 7'% 31,900 '7 41% 38% > 7% 39% 11 10 3% 11% 'liVe *11% 35 3V/4 345% 34% 34% *42 ' 148%, *41 46 963/4 46 29% 29% 28% 54% 52% 543% 23 23 23 8% 8 37% 38% 37 23% 1 8% 8% ; 17% 18 17% 18% 18 18% 17% 18'% 17% 32 31% 31% 31% 32 31% 313% 31% 32 *106 97% *04% ; 96 96 97% *96% . 96 95 96 * 24'% 18 18 f 6,800 18,800 3,8 31% 4.300 '321% 95 95 1,100 68.600 38'% 37% yy 22,100 V 9 8% ' 18% 32 54% 233% • 9 38% 37 38 140 2,600 201/4 53 3/8 51 % 53 23% 8% 54% 400 106 28% • 3,800 17,000 '97 91 105% 291/2 V 45 *11 ■•>.:' 106 *105 3% 106 ' 96% 06% 96% 106 30 *23 640 147 *141 34 la 97% 13,700 40% 39 4U% *145% 10% :•■•' 106% ' 45 148 38% 8% 38% 38% 118% 30% 8% 23% *23 2-3% 8% 54 52% 52% 52% ♦23 < • 393/4 145 46 *42 97% *96% 106% * 7%" 7 7% 46 *42 *106'% 118% 31% 29'% 35% 96% 119'% *117'% 34% 46 74,900 303% 11 96% *42 'i. , 45'% 118% 11 ii 2,700 443'P 293/4 41% 11,300 Ve 9% 118% 150 148% 148 v\. 29,900 4 43*1/8 41% 41% 40% 147-.*, 10,800 16 9:i4 45'% 7% 7% 7% 7% 40% 147% 20% 3% 431/8 30 19% 15% ■ 9% 118% 118% 28% 100 . . 4 45% 44% 10 50,500 91 * 9% 4% •9% 9% *89 37% 3% 30% 9% 29 ' • , 9% 4% % ■- 4% 3,400 330 *59'% I6V4 4% 2,100 ... 12% 12 12 3/e 7,400 117/e 26 % 90 *89 '90 9% >.•.-■; 14% 20% 4% 11% 26 11% 27 rn'\ 14% 14% *88 ' 1/8 60 14% 14% lx W /4 *n 60 - v 11% 26 • 16% 7% ..100 95 900 1063; •' 240 IS'% 161/4 4,800 22 • *106% 106% *106% 106% 1 *105% 106% 15% 106 106 1063% 15 5/8 16% *106 ; 16% 1 16 16 16 16%" 10% 16% 1 Works inc Royal Typewriter — Reberoid Co fThe)_ May 11 19% 19% 20% 40 common...-—20 Co Metal Art Ronson 23 43"% July 28 Haas 19 20% 147% i 'i El Corp—No par preferred series A. 4% May 12 19% Feb 1 Feb 28 19 21% Apr ■ & 19% 191/2 *88 10, Richfield & 19 «/4 15% 28% 600 v 21 20% :*117% / , 20 15% ' 15% 20% 14% 90 4% 300 153% • 20 *59 59 44% Roan Antelope Gas '36 15% V 21% 12 H% 10 330 40 *343/4 '20% v 4.50% Dec 19 % Mar 24 Jan 13 *39%' 36 15% 15% —10 series——100 Dec 28 39% *34 15%.' 20% Ritter 14 8% Nov *39% 35 1/2 15% 20 V* 26 ;<y 26 ; 14% '87% ; No par preferred—100 12% Jun } 50c —10 21 Mar 7% 3 4% Jan Jan 11% 59 \y 14% Oil Corp— .No par Company —.No'par Copper Mines Robbins Mills Inc—.. ..—20 Robertshaw-Fulton Controls —1 5% 40 34% 11% .26 26 , •;£- series-—100 Manufacturing 00—. 1 Rheem - 21 y* ,—5 Co com 3.80% *33% 15% " — Preferred 24% ! Reynolds (R J) 99% Mar 31 40 21% '20 ■ 11% 10% . ' Co —,—-—1 Tob class B—10 Reynolds Spring ' 5,900 2,400 13,200 V4 36 *35% 15% ■31 3034 15% *39% 36 10 No par common convertible 5Vn% 23 13% Jan 15 8% Dec 18 39% *15% 21% conv Rexall 6 Dec 150 39% *35% 15% 20 Steel Corp com—No par prior pfd series A__100 Copper dz Brass com.No par Drug Inc 1 —2.50 6% Revere 31 39% Republic 24 7% Nov July 13 5 20% Jan Jan 103% Jan 47% Nov 13 2,;% x29% *15% Republic Aviation Corp*.—-——1 20 13 Jan 29% 30 % 20 Republic Pictures common.; $1 convertible preferred -1 29% 36% 30 <35% — 30 11% Feb 14% Jan 103 Jan 6Vb 5% Jan 30 23% Jan Jan Jan 23 25 July 13 3 8% Jun Dec , *36'% 30V2 50 Va 36% 43% 3b% 35% Conv pfd 3%% series 100 Remington-Rand common :——50c $4.50 preferred 25c Reo Motors Inc 1 19% Dec 27 16% Dec 28 16 y2 Jun 34% 93 Va Aug 13 Co 43% 3t^8 36% 50c Corp....-- Mfg 48% 38% Shares share t per 49% 36 Va *38% y t per-share > : 48 36% 30% 30 $ per snare 49% 36% *36% i Sales for the Week 49% 36% 21 preference prior Stores Reliance , 22 20 27% Jun Sep 23 14% Feb 20 Jan 110 Aug 98 12% Oct 62% May 15 4% Dec Jun 4y8 18% - Aug S per share Friday Jan. II Jan.10 49% 48% Co— & div Reliable t per share: No par Co Inc Bros (Robt) $1.2u 28% Jun 22 10% Jan 10 Jun 91% 16 85 Nov 8% Jun 2V\ , Roller Bit Reeves 19 9% Dec 12% Jan 6% May 4% 20% Dec 1 10% July 17 " 12% Dec Jun 73 60 Apr 8% - July 17 12% Mar 30 Nov 9% Jun Aug 80 ; ' Rels Jan 6% t Rayonhr Inc common—, 48 Va 48 ;*■ —1 $2 prelerred —25 Reading Co common-— 50 4% non-com 1st preferred—50 4% non-com 2nd preferred—.50 Real Silk Hosiery Mills —5 21 •" Jun Jan. 9 t per share •'"'V. :Par share 49% Dec x24% Jan 25 21% Jan. 8 Jan. p; Thursday Wednesday Tuesday Monday Jan. 6 EXCHANGE Highest Lowest PRICES SALE HIGH AND LOW Saturday -■ STOCK YORK NEW Year 1950 -■ ' * RECORD STOCKS Year 1949 Lowest STOCK YORK NEW l»ftge for Previous 21 21 % 21 21% 21% 21% 21% 213% 21% 22 22 y8 9,100 48% 48% 48% 48% 48% 49% 49 49'% 48% 493% 49% 49 % 3,200 8% 9% 9% -10% 10 10% 93% *9% 9% *91/2 9% 5,300 36 Va *112A 100% 36 % 113 100% 49% 367e 8,800 —No par —! — 5 • ' r • *9% . S * 16% Apr 33% Dec Jan 109% Feb 113% 99% Dec 48% Jan 35 % May 114 99% Dec 20 Nov 18% Dec 7% 12% Jun Jan 23% Oct 9 9% Jun 24 % Dec 21 7 27 42% Jun 30 31 Jun 43 7% Dec 87 Jun 131% Dec 128 78 Jun 100% Nov 98 6V4 77 May 87 Jun 13% Dec Jun 98 Nov *103% July 108 Oct 85 Apr 7i Jun 94% Jun 12% Jan 14 Jan 91% Mar 104% Oct Jan 8 Get 3 12% Dec 29 Oct 96 13 4 47% Nov 25 6 101% Sep 21 105% Feb 20 112% Sep 18 33% Dec Jun 30 84% Jan 9 Jan 7 115 12% July 12 16 104 > 27 Oct 17 Nov 96 24 Mar 27 91 Sep 86 % Jan 92 Mar. 13% Jun 21% Dec 20 Jan 3 50 Dec 47% Jun 62 Dec 60 Jan 3 16% < Jan 19% Sep 16% July 5 26 82 2 (The) Air Line preferred Seaboard Oil Co Feb 25 Jan 11% Dec Dec 47% Jan 5% 10y4 Jan 31 17% Dec 27 44% Dec 40 July 17 55 Nov 24 Sears 9% Jun 16% Dec 14% July 28 20 May 20 4 Ye 6% Jun 6% Jan 5% Jan 3 13% Nov Jun 11% Dec 8% Nov 6 14% May 31 Jun 101% Feb Dec 29 98% May 17 77 . Del of 30 31% May Jun 22% Jan Dec 33 % Dec 24% Jun 27 28% Sep 38% 33 NEW 30 34% Oct 27 3 46% Aug 28 July 25 13% 13% 14% *86'% 87% 87' 87 •n" ■ .. 81 10 % 12V2 12V2 12% 10% 10% 11 88% 87% v : Far 32% LOW . 108% Apr 11% Oct 14 6 $4.25 6,1G0 *101 32% 31% , 141% 13% 34 34% 41% 41 411/4 *86'/4 87 108 % *108 108% 2 Shattuck Nov 10 Apr 15% Dec 40% Dec 34% Jan 25 56% Oct 23 11% Dec 14 14% Oct 3 6 % Jan 13 11 Dec 26 Sheraton 4% Dec 29 Silver Oct 17 Simmons "7 Jan Oct Oct 24 Jun 4% Jan 2% Mar 31 22 May 27% Nov 28 Oct 36% Jan 24% July 12 29% Mar 21 18% Jun 24% Sep 21% Feb 75 Dec 52% July 13 20 Va Jan 3 36% May 29 25 Jan 12 28 88 102 16% Jun 22 y2 19 Jun 33% Dec 15 35 Sheaffer Shell (W Oil Sheller A) King Coalition Co Simonds 34% Dec 30 Sinclair Dec 30 Skelly 33% Oct 18 Sloss-^reffield Saw Oil Oil Mines—, 5 131/8 10% 10% 5% 30% 6 ■*41% 41% 411/4 35% 34% 78% 77% Nov 31% Jan 83% May 88 y2 Feb 76 Dec 100% Mar 88 95% Jan 10% Jun 17% 14% Jun 17% Oct Jan 107% Dec 4% Mar Feb 32% 32% 35 % 36 »/4 36% "371/8 ■ 21% 20%- - 78 *761% 3 4 22% May 26 92 *91./ 16 Feb 14 25% Nov 24 106 Jan 20. 118% May 24, Corp_— 10 (A) & Sons Cpt Co com__20 3'/2% preferred —100 23 Aug (A O) •"* 32 4.20% prelerred 20% 33 *76% «——^_100 92 V Smith & Corona Typewriters.^) par Socony Vacuum Oil Co Inc—15 Solvay American Corp 4% pfd^-100 ;• 23% 24% 26% 26% *1161/4 117 ' 106% 150 10% •11% 8,900 24% 24% 700 55 55% 10% : 24% - 24% 25 55%' 41% 41% y. 41% 351/2 34% 35% :> X34% 77% 78% ■ • . 10% - 5 ■'* 32% 32 36 21 2iy8 20% 21% 20% 37% 20%' *76% 78 - 78 *91 92 / *91 -■- 32% ,-78 37% 20% 20% 26% • 92 92 23% 24%" 22 3/4 23%' , 22% 12,200 13,900 26% 26% * 26% 26%' , 26% 27 H83i * 150 - 23% *115 117 : •3,400 80 ,*78 24% 92 " 4.300 ' 32% 37 - 1,800 72.800 78 S/8 27 : *115' - 43% 35% 77 %f 32% 37% 39,800 11,500 42%- - 31% 5% 31% ; 34% ■> 78% 35'/a 6,200 5% 43%-': ■35 20,100 10% 31% 31%, 77% ' ; i0s/8 : , 5s/s 31 : 7,900 15 14% 103/4 37% 24% , :.V 13% y;. 32J% y -, *76% - 78 117% 10% 37% ■ 33 . / 54% 10% • ' 117 4,900 *105% 107 % *106 107% 78 --' 78% 24% 26% 40% 351/4 92 1 11,700 40% 39% 5% 2-7 - 24 19,600 40% 41% 31% r Shares 34% 34% y. 5 the Week share 333/8 40% 10% Sales for Jan. 12 ' 34 *106 .Friday t per 34% ;■ 32 410 343/4 30% - 3,200 33%? 34 31 31% 41%" 41% ; 78 88 3,500 23,000 32% > 10% 21' - 88 Jan.11 xl0% '32% • ' 8 14% Jan Oct Smith Smith 36,000 Thursday \ 11 5% • 9,500 11'/a f., I per share 54% i 13% 10% 88 *87% 13% f 13% 11% i 4 28% July 13 17% July 13 131% 10% 13% 781/a 17% 125/s , 24% y 53 16% 17 53 y 18% 52% 18% 531% 16'% 13% ■ 18 17% 52 3/8 t 24% 35% 78% 4,500 55% *23% •• -/ 41% 34% 91 ,79% ' PRICES 31% 10% i: - par & Iron—__20 Steel ,, 30% __25 No Corp Co '87% 13% V S6V4 51/2 30% 29% 5,300 87% 10% .■-V: 5% 10% " 17% 55%' 13% 4%' • ; Steel—No par & 55 13 10% No par — 23% 56% 13 Corp of America—^^»_1 23% 56 ,• 1 1,500 173i Wednesday 108 10% 23% 23% 1 106 10% 10% 10% 10% • ___15 Corp 42% Nov 10 . Co—- Pen Corp Mfg ' 80% 1734 81 . 80 •% v 34% - 8,500 49'% 80% ♦ 41 y2 341/2 ■ 70 173/4 80% 87% 40% - 49'% 49 > 4,500 rl 48% 49% Jan.10 •v. 250 ■ 14 863/4 87% 33% 60 97 123 14 10% 321/4- *93 123 863/4 9 per share . 94 121 14% f per share 32% 7,100 87 12% Tuesday 200 37 '.381/8 10C 1 103/g SALE ' v 94 ' 12% HIGH 106 36% 20 102 *101 - 106 120 94 125 16% ' 102 35% 37% 42% 43% ' 106 Jan. 9- 34% *108 .preferred—No par (Frank G) No par Jun 10% Jun 97% July 42% 43 43% 175/8 AND / 41% cum 11% 21% 43,400 96%v ■ 53% - share 34% No par No par Sharp & Dohme common J per I per thure ; —1 12,100 38 Va 10% Jan. 8 Jan. 6 ' 21% 173/8 87% 20 96% 20% 37% 52% 87% -■ ' '*95% 38% 16 V4 ! 60,000 21% 531/2 12% 12 11% 38 102 *80 •11 1/8 '■ 12 20'/a 173/a 10% 10 135 *95% 107 13% 1 7,300 252 *125 39 47»/2 123/8 Monday Saturday ; ; J 87% ;.:.v;<v/: STOCK YORK y *87% ' , "• 252 135 33,fOO 21% / 16% 12% 10% No par . 243 '• 11% ' 951/4 53 17% 53%-y 16'/8 - 12% *86% r ^ *125 17% 17% 52% 1 *230 135 ; 16% —1 61'/2 62% '248 803/4 80 • 17% — 24 02% 19% 80% 80% 22% 62 80 80 ' 23% 62 % 18 11% 2,SCO 221/4 22% 17 3/4 173/4 22 22 21% 18 17% 12,700 50 48% 49 48 23% 49 81 17% 1.920 101V2 21% 81 48% 81 30 113 101 ' 17% 48 ' ; 49 80%- *8y4 80% 36% 101 485/b 48% *79% 53% Oil & Gas Steel Corp new 30 2% xl3% 14% ' 14 V\ *86V4 87 % " 16 '/* Co— ;/.yyv?'y" Sharon . 100% *112/2 112/2 ' 60'% *330 *125 II V2 . 112 h 101% ..*95%. 96% 95 V4 20% 21% 30V2 38%/; 39% ^ 37% 42 433i» 427/8 101 Vz 101V2 ' • *101 *108 . 107 *106 37% .377/s ' 36 92% 92% *92% *119 121 *117»/2 • ——5 Shamrock 8% July 12 15% Jan 7 5 123 4 36% ' 36% 112a52 4 105% Feb BY* 36 y; 37' *92% 94 • *120 EXCHANGE $ per share $ per share $ per share 9 per share 24% Rubber Highest 107 **106 7 96% 20% 20'% 38% 38% 43 [ 43% *100 : 101'/2 105 106 y37% 38 -;v *92% 94 * *119 126 1 52% preferred ; Range for Year 1950 Lowest Highest 38% *100 ' *17'/4 Co Servel Inc common $4.50 ... —No par Co & Refrigerator Seiberllng - 431/2 t NO par STOCKS Year 1949 20 5 Roebuck Seeger Range for Previous Lowest *95 1 — 12>/8 96'% 20 38ya 43'/2 101T/2 12 ! ; ' ' 36 35% 112/* 101 47% 21% 22 ; 62'/8 , 62% , 63 248 *230 248 135 ;; *125 135 12 % ' t 12i/s 12% ; 61% *230 *122 —12 *95- 4 135 ; *122 —100 Co 617/8 v * '■ 248 6l'/4 :*Z30 36 Ve 36% 112A 112A 100% 101% 48% 49% 21% 21% 22% 23% 36i/a 36 Vz *112/2 113 100% 100% 47% 49 21% 21% 22% 23 21% 23% /22% vtc—No par A Seagrave Corp Jun 88 49% t; *21% 5 100 com com series Seaboard Finance 36% , - - Co 337/s 56 « i preferred 3.35% 5% 2 May 11 Elec Seaboard 22 21% Feb common preferred preferred Scranton 83 % Nov 20 83 Stores . 2Q% May 24 39% Dec 20 1 1 38% -Aug 94 Feb 28 1 1 21 Dec 140 6 12% Jan 28% Sep 90 62% Dec 240 26 Jan 24 Jan 7% July 13 Jtm 9% Jun July 9% 5% 28 : 55 22 Mar 24 34 7 Mar ..——6 100 4% ^100 St Joseph Lead Co_.^—^„10 St Joseph Light & Power Co-No par St L San F Ry Co com Vtc__Nopar Preferred series A 5% Vtc—JlOO St Louis Southwestern Ry CO 100 5% non-cum preferred—^ __100 St Regis Paper Co common 5 1st pfd 4/40% series A.fc, 100 Savage Arms Corp_-»— i 5 Schenley Industries Inc —1.40 Scott Paper Co common——No par $3.40 preferred No par $4 preferred No par Scoviil Mfg Oo common ^-25 3.65% preferred 100 4.30% preferred 100 Safeway - *114 94 *92 1163/4 74,300 116% *114% • 170 5,700 200 - ' 3% 7% Jan 10% Jan 3% Jun 29 7% July 25 Dec Oct 50% Dec 26% Feb 40 Nov 36% Jan 36% Jan 45 Aug 39% Sep 28 29% Jan 35% NOV 31% Dec 6 40 52% Mar 10 Ya Nov 12 Sep 36% Nov Dec 28% Jan 32% Jun 51 25 Vi Jun 41 Jan 22. 3, lt>% July 12 18% Dec 18 5 % Dec 11 Jan 53% Apr 55% Dec 45 Feb 30 28 30% July 12 Jun 27, 40 67 V* Dec 32% Feb 11 1 I preferred com_4.50 ——50 Southern Co Gas Natural Pacific 61 Jan 53% Jun 29 70 66% Feb 58% Jun 28 67% Dec 27- 13% Jan 3% May 3% July 6% Jan 10% July 12 4% Jan 3 5% Oct 5 Apr May 60 Jan 3 99% Dec 28 Dec 26 14% Oct 13 101/4 Feb 15 7% Oct 6 81 Oct 17 101% Nov 15 8s Feb 26 Oct 20 y2 Jun 26 Jun 29 % Mar 25% Jan 3 6% Jun 10 Ya Mar 64 Jan 71% 13% Jun 18% 23% Feb 37 7% 100 Apr ; 107 8% Mar 30 Apr Dec Dec Dec 66% Aug 15 Va July 1 5 29% July 26 106%'Jin '254 17% ' »• Apr 22% Nov 82 Jun 92 Dec 89% Jan 31 18% Jan 52% Dec 47 % Jan 98 y4 109 20 July 13' •4% July 13 3 26 - Dec 28 33% Dec 18 Gas 11% Co—^—7.50 Co; Spear & Co common Spetry Corp Spiegel Inc 85 Sep 25 11 Square D 3 Nov 30 Squibb (E. 24% Oct 23 Conv Jan 143 Dec 121 July 13 160 Dec 136 July 13 174 Mar 22 For footnotes see page 22. $4.50 R) preferred & Sons 55% *41% - :" <0% 5% '■'■• 8% . .5 5 8% 8% - 52 % 52 V8 55% 56 *42 44 44 ; *51 $3.50 Stand Gas & *42 y4 ' 343/s .."34% 11% y 11% 11% 11% 11% ■ 201/4 201/4 20% 20% 20 34 . 38 ' $6 ■"* $7 prior CO : preferred prior preferred -No 53 % r par 52% 34 5 69 % 68'% 69%".:. 69 69 14% 13% 6% 6% —0% 6% 6% 6% 6% *6% 6^'« . 7'/2 *6% ■" ' '' *72 1 , " ' • • *100% • -4. 78 781/2 20y8 20% 40 40 40 27 34% 34% 12V2 12% i*iO8%"l09 23% '94% < 23% ,:94% a* *' " : ■ 7i »/4 147 - 102V4 r* - 10% .-,74% 151 " 165 - 152 167 - , 108V2 108% 23% 23% 73 . " 7 .. - - *72 1001/4 f * 100% 68% *68 " 14% .*■ 14% *72 77 100 % 100% ■ * - > " 64,700 21 38% *1,400 • 38% 68 Ve 53% 7,400 38,000 27,600 • * 68% 68% ' 70 % /"' 150 14% 6 3,8 14% 14% '-7 13,200 *63/8 7% *69 V 7 7% 77 101 113/4 20% 67% 70 7,700 " 51% ^ 69 3,900 43% 343/8 *72 l,8CO 3.300 200 77 101 ' • 101 1,090 r . 34»/2 12% 781/4 20y8 40 n 28% 34% 12% 79 20% 40 . *168% a«9 23 % - 24% 94% 043i 10%„ 10% ■ 73% 75V2 ■ 153 --154%" - - - - ■ - ' ~28 ' 10% 74s 149 104Va" 40 ' " {- *94% -05 loy8 = 10% r " ■ 77 1001/4 26% 27% 34i/8 34% 12i/2 12% 781/2,j'.781/2 20 20% 26%* * ' ^ *72 . 100% " I . 77 ) €9 6 % 77 * 14% y *6*/4 100% 08 % -S3 . 07% . 1 7»/4 *72 com__No par No par 67% 50 1.69 % ,v 691/2- 38% 65% 52-t - 69% 69% 38 «7% x 6% *100% 30,700 Ti400 551/2 ■? "341/a 1*15/4 67% 36Ve ^ 38% I 6% 1 No par No par > *6% ' 36,200 . •52% *42% 38%; '66% 51% 34% < 55% 55 % ; 44 20% f 14% Inc-com—No par —i—i Elec $4 preference 14% No par 5 ——Nopar preferred *67% • ■ 9 *51 52% {•■■■ 54% • . 33% 34% ? 67%. 51% ' 14% 14%- 5% 8% 5%» 11 »/2 '• 36% > 66% ,51 691/2 1 common - *09 par 1 36 36% 51% 89 Va 2 Co $4 preferred Mat 22 159% - 52% ; 55 V2 / ■ 11% -.11% 20 % 2OV4 .-*07% -1 —; common Standard Hrahds 77% Mar 27 Jan • ;* - ,'34% - -52 Va ■ 55% 44 ; 100 100 ! (The) J - 06% 51%- ' 1 Spencer Kellogg & Sons. 211/4 Dec 96% May 24 10% Dec 8 34 11% 36%; > par $5.50 preferred No par Spencer Chemical Co 4.60% pfd_100 28 113 5 2 Va 55%'" 20 »/4 06% No par Railway common—No 5% non-cam preferred-. Mobile & Ohio stfc tr ctfs Spalding !(A G) & Bros Inc SparkS Withington Co -i No 13% Dec 40- -Mar 52%. 34% 20%- Elec_JNo par . 21 22% ( ,8%>i,'9.r 91/4 *41% 44 '34>/*-. 4% ' 52% 55% 54% *41% .• (The)'_————_5 Indiana South Southern Jun *52 4 , -5% 5% 5:% 8% 91/8 8% com_No par 5 «5 " Southern Nov 4% : preferred —25 Southern California Edison—25 Southern Jun 73 & 'G Co 1 8% 21 10% Dec & Platinum^^ South Porto Rico Sugar Apr 11 66 63% 5% E 51% Dec 27 45% 5 South Carolina 14 20 36% Jun 12 13% Mar 16 23% May 25 49 South Amer Gold -107—108 28 28% 283%. 29 r ,•28% 29% 33% 34 % 33% 34%' 333/4 3 4 Va 12,060 12 123,8 12% 12 7/s 12% 13 40,800 781% 78% 78% 78% 20% 20% 20% *38 2 108% 108'% " 23% 24 - 94% 78% 270 20% 21>/8 11,600 38%. 33% 1,800 10;% 24 94 f 108 23% 94 , 75% 78% 21% Xl67'/2 ' 64- 10% '108 10% 11% 74% 77% 168 155 1061/4 167 ^ * - 155 166 106 167% »1 ' v 490 - 24% 93% 94% 530 10% - 23 3/4 Hi/4 74% • - - 76 % 67,900 36,100 ' 152% 5,300 39'/4 39% 73% «■.- -155 166% 12,500 155 2,200 168 — 4,300 Volume 173 Number 4977 . . . The Commercial and Financial Chronicle (217) NEW Range for Previous Year 1,949 Lowest ' ' Year 1950 Range for Highest $ per short YORK STOCK Lowest • $ per share NEW Highest $ per share / YORK LOW STOCK Saturday EXCHANGE Sper share Par f per 55 Jun 70 Sep Jun 457/a Nov : 60'/4 Jun 74% Nov ;66 Jan 25 92 Dec 33 ..25 Standard Oil of New Jersey—__...25 t 20 Jun 2 7'/a Oct ,■>5% Ton 4 i>5 Dec 30 Standard Oil u 96% May. 12 61 102% Jun Dec 100 20'/a Dec 18 Jun ■ Jan 48 25 42% Feb Dec 29 Standard Oil of California 30% Dec , 30 Standard Oil of Indiana-^-— 13 104 Va July 13 26 48 Dec 91% Dec 14 Oct 6 54 Va Nov 38% u 40 29 10 13 Jan 41% Aug .34 Jan 98 July 35 Oct 94 Jan 24& 9>/2 9'/b 126% Mar Jan 100 Jab- Sterling Drug Inc common.!.—-.5 Dec 30% Apr Jan 12 Jan 13% Dec 48 Va Dec 18 Stevens 21% Apr 21 .10% Jun 18 24 27 Jan 18 "A Dec 16% July Feb 21% Dec Feb 28 Dec 16% July 13 25% July 17 Jun 52 Feb % Dec 9% Jan Feb 93'/a Dec Oct 66% 23% Apr 55 y4 Feb 71 Mar Jan Dec 116ya Oct 10 Jun 11% Dec 10% Jan 25 15 25 xl22 Jan 9 17% Jan 16% Jan 30 24»/8 Oct 21'A Sep 19 25 30% Dec 19 36% Feb 60 % Dec 7% Mar 12% J.4% July 12 127 Jun 8y» July 12 Dec 14% 195 Jan Dec -08 % Feb 11% 35 Dec 7% Nov 27% 8'/a Jun 36% Jun 12 17 Va Aug 89 3% Sep 9 % Jan Jan 18 % Mar 79 6% Nov Jun 14 Superior 116 Steel 40% Oct 5 Swift & 15% Mar 3 6 26% Apr July 13 Co_ 533/4 100 *53 54 500 *53 54 43 43 143/4 14% 143/4 14% 37 37% 303/4 37% 14 y2 373/8 103% *102% 103 Vz 103% 103% 471/4 46% 47i/4 47% 473/4 47% 473A 16% 47 3A 16% 17% 473A 47% 171/4 473A 17% 17 % 5,600 173/4' 17% 17 Va 16% 17% 17% 17 3/8 17% 18% 28,100 17% 20% 21% 17% • 30% 43 17% 21 21% 30% 43 , *102% 104 * 17% 18 10* 16% 18'A 17% *18 17% 18% *102% 18% *18 31% 43. 18 21 213/a 321% 30 Va 32,800 32 30 3A 31% 31% 32 Va 95,500 42 y8 ' 43% 42 3/a 42% 42% 423/8 11% 115/a 11% 11% 11 y8 993% *98% 99% *97% 67% 67 % 99 3A 67% *1181/4 1191/2 1181/4 17% 17% 17% 24 30% r 17% 18% 30% -30% 301% 22% 21% 22% 57% 58 57% 121% 12% 13% 13% *375 383 18% 375 375 *44. 44% *116,. 116% *116 12% 12 .12% 39 Va . 44% 44% 123/a 39% 39% 18 17% 235/a 31% 12% 39% 39 5/a *56% 22% 5714 13% 123/4 19% lie 12 2214 44% 115 y4 12% 12 3,000 115,800 >800 193/a 44% 115.14 116% 12 12 383/4 40 12 Symington Gould Corp.. 39% 39% 15% 151/2 39%, 39% 151/4 914'/, 15% ; *14% 15% *14% 15% *14% 24% 241/4 24% 24% 24% j 24% 25% 25 253/4 25% 26 88% 871/4 87% 881% 9% 9% 9% ,10% 9% '/ 88% •; 89 9% ; v 7. *89 9% 11,100 15% Jun 133/4 12% Deo 67/a Jun 11% July 11 4% Nov 30 Dec 18 Nov 17 Jan Nov 17 7% Apr 257/sDec 3 591/4 Jan 15 25 Talcott Inc 18 29 48'/a Jun 30 Texas 111/4 Jun 185% Nov 151/s Jan 13 24% Oct 17 Texas Gulf 56 Jun 70% Dec 633% July 13 20V* Feb 16 97% Nov 25 Texas Gulf 16% 653/4 Nov Jun 26% NOV 82% Dec 39% Nov 24 36 8 583/4 Dec 53 July 17 Pacific Coal Pacific Land 89% Sep 22 Sub share Jun 48 Dec 44 Feb 14 85 Nov 17 Texas Jun 11% Jan 10 Jun 30 19% Dec 27 15% Jan 14 Jun 30 21% Dec 26 43/4 Mar 83/8 Nov 7/» Jan 3 14 43 25% Apr 32 y4 Aug 30y4 Jan 3 12 Dec 14 12 3/a July 3 Apr 1% Jan 53% Jan 3 Mar 35 6% Apr 1 13% Sep 18 9% Oct 20 41% Oct 363/4 Jan 4 42 V4 Oct 20 5% Dec 30 Jun Oct •7% Jan % 3/a Jan 5 Jun 20 Jan 17»% Jan 3 6 Nov 9 Mar 84% Apr 14% 51% July 13 32 95" > Dec 4 2 5/a Nov Thomas 8% Oct 25 8 94i% Jan Dec 10 42% Dec 103 5Va Feb 6 2% May 23% May 40 Dec 25; Nov 6 42% Feb 6 19% 25% Jan 22 Jan 3 38'/a Dec 28 43/s Jun Oct 13% Jun 19 32% Nov 43% Mar Jan 13 5/a Jun ■ > '/ 9 % Dec Timken-Detroit Timken lu 15 Roller Toledo ou jl/oC Range for Previous ■ Year 194!) Lowest t per share Lowest ■ $ per share NEW Highest ; $ per share. '• Co 16% Dec 14% July 13 19% Dec 30 Transamerica Corp 17% Dec 15% Jun 25% Dec 27 Trans Feb 98% 16% Feb 9% i Dec 15 Mar 22 7 8% July 13 104% Jan 3 Feb 108% Oct 9% Aug 19% Jan 15% Jan 25% Dec 18% July 17 37 Vi Dec 32Va Jun Dec 32 y2 Jan 98% Sep 103 Jan 10 Jan 4% 10% Nov Jun 47/8 24 25 V2 Jan 34% Nov 2914 Jan 18 4% Jan 3 Jun 6% Jan $6 5 20th 13'/a Apr 13 39 Apr 13 5% 9% Oct 1 5 5 2 39 Vs 40 V* 81% 80% 81% 81 82 80 81% 80 78% 79 79 79 77% 18% 18% 18 18"% 18% 20Va 20% 2oy4 20% 20 13 13% 18% 13% 18% ,20% >21 20% 13 38% 13Va v 38y4 8% >42 42 42 Twin conv Coach 42 *41'/a 19 20% 20% 2,500 42 > 12% 12% 12% 4,500 39 39 12% 39- - 16% *15% 9 *41 y4 1,900 830 16% 8% 41% 4,700 19,700 I,500 9 8,700 417/e 30 5%, 514 5V4 5% 5% 5'A 5»/4 5% 51/4 1,600 26y4 26'/a 26Va 25y4 26% 25% 26% 26% 26% 2,600 7% - 39V2 3% 35% / 20'/a 7% ' 4 / 21 lO'/a 10% ' ■ : • Jan. 8 f per share *19% 19% 23% 1 ny8 11% 11 107% 108% 16% 35 *99% > ; AND HIGH SALE ;. «' -23 3% 32% 35% 36% 10,200 21% 21% 36,600 45% 46% 12,900 ao% 10% 10% 10% 19,300 ; 10% 34 7/8 - PRICES Thursday t per share 17% 22 3/4 24% 23 y4 23% 23 v "23% 11% 11% 11% 11% 108% 109% , 109% $ per ' • 17 173/s 23% 243/4 233/8 233/8 23 3/8 2,700 113/4 11% 11% 72,400 108% 1083/4 1083/4 3,370 ' ' 23 : 11% 108 16% r 16% 18% 16% 21% '21% 205/a 21% 20 3/8 21% 34% 34% 34% 34% 34% 34% 100 *99% 99% 99% 11% 11 11 34y2 34% 34% *33% 34% 8% 8% 8% 9Va 9 11% *34 8% Shares 17% 24% 16% *99% share 16% 35 16 VB Sales for the Week 23% : 11% 107% Friday Jan.18 Jan.11 t per share Xl6% *11% 1,000 21% 19% 11% II,300 46 y8 -25% 15% 180 4 32% 21% 23% 109 300 6,800 45% 19% , 36 7% 39% / 103 21% Wednesday - 4 32% 21% *34 101 8% 35 7% 39 103 46 Jan. 10 *34 1 10y4 Jan. 9 *11%. • 3% "32% 4 16% 21% *34 ' 10% 7% 39% 104 21% 16 V2 21'/a par 107% 45 Ve $ per share 24%, .-..No par 34% ,20>/4 Tuesday 19% 23% 5 35y8 V . S per share 22% 31 % 46 10% LOW " 32% ,■>.'> 3% 4 32% 22y0 Monday. Jan. 6 7% 38'/a *102ya 21% 45 7% 39% 102% 34% 21% 44'% Saturday - 32'% »' 3.7% 102% 45 20% 10y8 10 *7Va 40ya 103 3%-,. 35'% 44'/2 < 43% 39%. 102% 32Va 34% r : IVa / i 32'% 1 7'/a 40V* 104 3% 33% 35% . '■ 39% *103 4 *32% " *7% -40% y 103«> 19r/4 50 78% 8% *40% 82% 18% 5.14 22% Co— 9 81% 77% 21,100 26 Vs 22y4. prior preferred 8% 23,200 19 16% 40% 78 i'36% 17 6,400 40 5% :*7'/a " $4,50 priorpreferred No par Twin City Rap Transit com..No par 39 25% 9514 26y2 103 ^.No-par preferred conv 42 25,600 24% 94 % 1 *5% 23 Va. common 12% 38% 17 9 87% 86% 7,500 20% 12% 8% . 28% 80% 17% 17% 8'/a ' 39 *38Va 18>/2 0 Co Coal ' 16% ■ —No par Corp ' 38% -•> 17% < ^ 79 *77 2. Century Fox Film com—No $1.50 Jan 39% 84% *■ 2,000 26l/a , Inc preferred Truax-Traer 6 103 38% j' ) 0;•'? — Airlines Tri-Continental 29 40% *4l" - , 5 .' Transue & Williams.Steel 36% Jan 29 World 13 :i 17j/2 Dec 40 8%.;'8% > Par 12 110% May 17 3 98% Aug 8y»Jan NOV 11% Jun 39% 12% > 1 Jan Jun 39 - STOCK V Jan / 6% 95% 39% 87% 200 5% 28 25% 93% __1." (The)—. YORK 10 11% 24% 95% 17% (The)..—_—1 10 29 25% 93 *38. / No par EXCHANGE $ per share 24 95% STOCKS ■ Year 1950 Range for I,' Highest i 253/4 943/4 13% 5% 86 85% 25% 95% >*20% Axlp_____ —.5 Bearing—.i.No par Edison 84% 86% 25% 78% common^ 863/8 *13 28% " 18"% — 28 94% 18% — 283/4 85% *76% 44% Nov 18 28 25 100 ' 287/s 5% 95% ___50c Co 28 " 5% .1314 ,13% 5% 5% 85% Ry Co. Steel 5% 13% , 25% V*' common.. Pacific 20% Nov 24 27 33% July 14 277/s 80% $3.50 preference No par Tide. Water Associated Oil.——10 i 27% 5% *13 • Trust— - 24 27% 39 Thompson (J R)__————.15 *: Thompson Products Inc new com_5 4% preferred—i_— —100 > Thompson-Starrett Co com__No par 18 Nov T convertible "preferred——50 Avenue Transit Corp.No par tThird 28y2 Nov 18 51% 1 Thermoid Co $2.50 5% .13% 25% conv The Fair 5% *13 85% /preferred ..No par Thatcher Glass Mfg Co common 5 $2.40 conv- preference No par 1 Jun 4% , • & $1.25 13% 94% Oil—..:—10 certificates Textron Inc 13% July ., 25 13% *5% . 5/ .... & 25,900 I * 13% 27% 5 i Texas Feb *13 > Producing Co——... 10 * Sulphur——No par Texas i 33% 9 Co //>.. 610 y (James) Telautograph Corp Tennessee Corp _._U 1,100 24,200 >-.■ ( Jun 2 3/4 270 89% 9% 89% 9% ; 10% 89% 9% 871/4 9% *87, .1. 900 . 2,300 >••• 9% ■ -' '24'/4 , £ 7,100 44% .15 10% Oct 25 7,600 3,400 392 18% V : 22% 13% 12% 19% *433/4 1,400 57% 392 X18'A 80,600 30% ~ 56% 390 115%, " 30% " 13 y4 375 443A ii5y4 r 30% "-22% 365 44% 123% 303/s 22% 18 •< 20 18 23% 573/4 30 700 23% v 1 118% 17 % 22 443/4 12,000 ' < 69 118% 23% 365 1161/2 68 3A 119% 18% 56 19% 12% 40 ' '. 380 116% 68 *118% 4,600 11% 99 3/a 23% 303/a 223/s 443/4 1161/2 119% 423/4 11% *97 17% 31% 19 68 1,200 23% ' 57% 133/4 *365 19 18% 19% 30% ,22 68 *118% 23% 57% 11% , 118% 17% ?22 > ; 68 68 23% ., 24 *23% *57 ——1 42% 11% *983/8 *23% 21,600 18 21'A 11 % 119% 18 3/a 18% 20% 99% •/ i 18 20 21 ll'/a *1181/4 7,300 104 20% *98% 68 1,200 2,100 21% 11% *671/2 '42 .20% 311% *42% *103 42 98% i 88% May 31 ■ 10,900 *523/4 16,500 42% \ • 223A 14% 36% 25 ' •'>:• 223/s '.*98% Sylvania Elec Prod Inc com_.No par > $4 preferred No par . v' 223/4 42 -17 . 3 5Va Jan 223/B 54 35,800 31 Va 104 373/4", 17% 4. Jan *53 11% Swift International Ltd 18. y 54 23 14% Sweets Co of America (The)..4.16% 4ya% *53 22% 43' : Paper Co. com 10 preferred ...__100 *■' 4 *102'A 1 23 15% Sutherland .6 36% 10214 1041% 22% 373/8 50 Oct 37% 102% *102'% 22% 18,200 ■'471/8 __25 Apr , 13 36% 102% 102% 22% 9 2'A 143/o 10c Corp 37% 102% 102% 19,500 91% ' 42 12.50 30 92% 37 30 Va 1950—20 ser 91 ' 14% " 25 Inc Nov 43% Aug 23 : July 13 9% July 11 33% Jun 23 Feb 24% 76 Va pfd 17% Dec 103 Dec 2nd Biscuits conv Sunshine Mining Co Superior Oil of California 370 3 July 17 > conv'pfd series B "5V2% 92% 36% 36% 64% 41 1 25 91% 91'A 36% 933/8 63% . 361/2 100 ' 92% 37% 91'/a 92% • 14% i No par preferred 63 41 1 Cdrp common preferred series A Sunshine 11% May 11 9% Mar 30 41%, Dec 106 % Jan 4J/a % 93% 62% - 36% t No par t common.; 91% 62% 90% 53 Sharet 93% 61% 36 22% tper share 90% 36% ■ 11 July 13 comomn..: preferred 631/4 14% No pari' : Corp. A 93% 62% "102% -15 Oil 4*A% 4J/a% 19 63% Apr Sep 227 3% Aug 30% Jun 22 Vs Dec 49 Co A Sunray 18 Juv Jan Oil Class 191 Corp series 923/4 62% 40% . Chemical Sun 17% Dec July Co Inc— & 93'/8 36% .100 ___ Webster..j-_i.__-'iulNo par __1 Corp _j > $4.50 16% f & Sunbeam Sun 18 72% Oct 9 Stone 7 Apr P) Studebaker 11% Nov 24 15 117 122 7 101 1 . 27 36 Va Oct 8% July 17 Sep r____ 921/4 14% Corp • _> x——-...5 Stokley-Van Camp Inc common....1 / 5 % prior preference' .20 ( —■ 20% oep- aq 5 38 y8 July 13 Oct 96 Nov (J the Week S per share 40% r Stewart-Warner 16% 6'/2 'preferred 3 12% 28 % 3'/a% 27 Jan 15% 90 24 Sales for Jan.12 $ per share 62% 53 4% 28 103% Nov Friday Jan.11 $ per share 62% 22% 10 Dec Thursday Jan. 10 I per share **102%. 103% ; Sep • 16 21 1'% -JL..100 common....1 39% Feb July 12 •33% Jun Spring PRICES Wednesday 92 '".36% , convertible preferred..—..50 ?' Starrett Co (The) L S _No par. Sterchl Bros I Stores Inc —1 12% July 14 Feb Steel 91% SALE Jan. 9 , 93% : 62% - HIGH Tuesday -Jan.8 share 92% t common....10 preferred series A Standard 28 1 Jan 3%.% 23 * X27 52 Aug 17 : Ohio of .No par AND Monday Jan. 6 3S'/a >40 RECORD STOCKS 101 50,200 , 21,200 . 165/a 16% 7,000 21 21% 29,000 *34% 35 .500 101 *99% 101 10G 11% 11 11 11% 12 2,490 34% 34 34 34 36 730 *993/4 83A 83A 8% 8% 8 3/4 7,000 U 8% V 10% Jun Dec 10 21 13% Jun Feb 22 39 Nov 46 Jan 39% July 14 47% Dec 19 10% ■ Feb 12% Apr 10% July 17 13V4 Jan 10 31% Jan 26% Jan 39% Nov 24 45% Dec 401/b July 17 55% Dec Udylite Corp (The) 11 19% Jun 33% Jun . 13. .107 Jan 112 94 Jan 96 Nov 96 Jan 30 86% Jan 94 Aug 90% Jan 30 24 107% Nov Union 110% Oct Aug Union . v 25% 103 — 32% Jun Sep 89% Jan 24% May 114 30 ?5% Dec 2 73% Jun Jan 81 Jun 27 105 48, Apr 51% Feb 50 Jan 9 54 30% Dec 36% J^n 31 May 12 25% Jan 13 38 1 , ' 20'/a July 104% Jun 10% Dec 109% Oct Jun 61% 27 Jan 19% 106% Jan Rubber Co.. & Carbon Preferred Preferred $3.50 series 18 United Aircraft 5% convertible 112 Mar 20 Oct 13% Jan 25 24% Dec 27 85% Oct 79% July 11 24% July 17 103% Dec 28 United 4%% Air Corp Lines common preferred Inc preferred Feb 31% Dec 106% Dec 18 111% Sep 13 9% Oct '7% Mar 28 18V* Dec 29 29% Jun 38% Jan 32% July 12 48 20 : 23 30 32 Sep 28 United-Carr Oct 2% July 12 36yaJulyll 4 Jan 12 United 50 ' ' ■ — 2V4 ! 3% 3% v 45 3% Jun 4014 Jun , Dec Jun Jun 47% Sep 3% Dec 914 '70 ' Jun 3% Jan Dec 3 16 Jun 55% 19% Dec Feb 26% Dec 9% Mar 19% Jun 13% Sep 26 Dec , 4 Jun 17% Jan 14% Jun 30 X89y4 Jun 116% Dec Jan 187 Oct 12% 6% . r . 43 Jun May.. 17% Apr 10% Sep 57 Jan 2614 Oct 22 9% Dec 8% Jan 10 15% Jun 30% Dec 28% Jan 9 see page 22. 12 • Nov 24 135 Jun Mar 2 14% Dec 16 64 Va Dec 29 38% Nov 22 * 22% Nov 25 68% Dec 20 . 10614 36% 105% 50% 38% 4 Certificates of interest— $4.50 1st preferred— U S Freight Co - 61% 19% 10 < 28 18% 1 1 - 28 28 4 10% 3% 4 __5 '14% "" 24 74 96 106 *105% 36% 35% 35% 30 30 *107% 36% *105% 36 24 28% SO'/a 3% 21,800 42,800 103% .1,700 1,500 30y8 30% 108% *10714 109% 19% 19% 19% 8,000 46 46% 46% 4,500 29 29 28% .1,000 .; 28% 3%> ' 4y8 10% 24 102% 2,300 36% 110 24% 19% 45% v 45% ;4 1014 6,500 3,500 50% 35% . 30»/4 32,800 . 39 110 1. , 105% 50% 39 103Va 30 46 45% 105 , 10 .' *107% 109% 19% 28% r 102% 80 107 35% 109% 109% 23 24% 101% 45% / 104 110% 19 4'% — 96 33% 22% ■» 320 105 35% 106y2 50% 39% 101 3% 112 *95 107 50% 24% 109% 112 *100 • ■ 3% 28% 3% *45 3% 46 *45 4 V 4% .10% 10% 71% 71% 4 2,000 -' 3% 25,300 46 4% 10% — 160 „ 95,OuO 2,500 70% 70% 70'% 69V2 70% 360 21% 22% 21% 22% 21% 21% 22 22% 7,100 53% 54% 54 54% "53% 53% 53 53 1,500 62% / 61% 62% 61% 61% 61% 20 * 19% 20V8 2714 18,900 167/a 44,000 29,300 . 42% *20% 14% 14% > *65% 40% 27% 16% 16% 16% 16% 18J/8 18% 18y8 18% 18V8 18y4 -4iya 18% 20% 105 "*182% 14% r 67 40% 19% 27% 42% 105y4 184" 19% 27% 101 20% 104% *182ya 60% 61% 20% 16% 18»/a 42»% 60% 19% 27Va ' *100% 102 184 41 112% 105 96 53 18% v 105% «7 112 *100 96 22V* *27%,. 28 18% 40% 112Vs 105 4,900 19% 20 *65 Va 45,000 61% 62 102 2iya U S Hoffman Machinery com 56% J71% 10% 18% 21 56 53 18% 105V* 5614 10% 70% 18% *182ya 54% 4.000 10% 18% 20 10,200 21% '28 42% 39 10% 16% 18% 38% 7,000 *70% ■ 71 42>/8 39 39 35 Va 103 46 37% 40 110 47 46 13% 50% 1914 28% 3% 14 52% 13 106% 36% HO'/a 46 47%>47% 46 Va 4>/s *100y8 - *107'/4 13% 52Va l3'/4 .50% 40 19 3% / preferred—a-———100 30 -i 19 46 Va / , 30»/4 109% 46 Vz 4'/a No par No par 23% 101% 3% , _No par No par 23% 16% 100 Class A conv preferred 30 *107% 36Va 101 16% U S Gypsum Co common 7% preferred \V*% '*110 16 ^ U S Industrial Chemicals„__Nd par U S Leather Co common .No par 110J/2 13% 52 .*13 103% • 40 22% 28% 3% *45V2 35 5iy2 39 100% 48 106 , 105Va 51 35% 29%, *95% 36% 38'% 36% *110 109% 18% * 28% ' 33 104% 50% 23J/a *47% : '106 % 38% 100% 29% *105 95% 50% 35% 93% 95% x35% 36% 103% 105 110 *107% 18Va • .No par U S & Foreign Securities 5 189 4 Jun For footnotes - Mar 11 3% 18 23% Jan 106%: >*105 53% United Fruit Co 2 106% May 23 21% Oct 24 90% July 26 181% July 19 8% Jan 3 46% Jan 20 3 42 *100 22% 24 Oct 112 104 23* United Gas Improvement Co.a_13% United Merch & Mffs Inc..— 1 United Paramount Theatres 1 1 99 112 *100 95% 53% ... United Gas Corp Dec Dec 112 105 *95 22% ; 27 Nov 113 95% '71" preferred 18 30% 25% 55% ...100 1% 20% Nov 102Va Jun 54% 10% 66% Nov Mar 19 18% Feb 94 55% United Electric Coal Cos 5 United Engineering & Foundry..__5 21 Jan 54% com. 1 29% Apr 16% Dec 15ya July 13 15Va July 13 27Va July 12 54% 35% .1 22% July 13 11% Mar 30 175 , Sep 53% Oct 54% 50% No par United Corp (Del)—; United Dye & Chemical Corp 38Va 110* Stores com—30c July 18 50% July 12 14% July 18 Dec July 4% May 31 25 16 39 Fastener Cig-Whelan 37»/a 38J/4 $3.50 convertible preferred_.—100 3 Mar 29 Jan Dec 18% Mar July 17 22% Jun Dec 39Vs 105% United Biscuit of America__.No par Mar 29 12% Aug 21 78% Mar 3* 42% *44% „ , 8% May 22 14% Aug , 33 ■ 68 Dec 34% < Dec 38% *100 4' $4.50 preferred No par United Board & Carton Corp 10 United Carbon .Co.—.No par 106 28% 35% 100"■ 4 Jun 38 113 common...10 Jun ."5114 13% 105 5- 4% 103 13% 52% 13y8 *94% 100 '-^ 13% 51% 13y8 *105 i.% non-cumulative preferred_.50 Union Tank Car Co. 1..-N0 par 18 13% 52 13 *1C0 Union Pacific RR Co common—.50 30 13% 52 13V8 54% *111% ' $4 Aug 21 13% 52% 13 *111% * Nopar .Dec 13% 52»/2 12% 38% £4 series........No par Union Oil of .California 1 ,..25 30 13ya 5iy2 38% * par No par 13% 51% 12% * 5 Un El Co of Mo pfd $4.50 ser„No par ' Preferred $3.70 series..i_.No par 28 14% . Carbide 13% No par & 37% Dec 3 Dec Asbestos Union Bag & Paper Corp....No t July 7 103% Aug 18 99% Aug 15 / >■ 1 Underwood Corp , 14% 18'/2 ' 43y2 * '\0Va 20% 42% 101% 21 107y2 105% 184 *182y8 ,14% 14 25% 25'/2 26% 25%' 26V8 77% IBVa 77 77% 14'/4 18Va 18% 17% 18y4 5,500 42%'' 43% 102 102 23% 23% 11,800 50 , *182ya 23>/4 108y2 109 *182% 183% 111 5,800 7,700 184 " 16 16% 10,200 65ya 43ya 76 106 1,300 27 16% 42ya 103%. 22 22% 184 14,000 27% 16% 18% 18'/4 *102 107% . 65ya 66 67 y2 68 41% . 40% 19%. 20% *27 18»A 41 101 101 *65% " 67i • - .,10% 42% x41 43% 42% 68 43% 60 10,300 27Yb 28% 27,500 82 83y4 2,600 * 14'A 16y2.. 24 26ya 25% 28y2 74% 78 79 83ya " 21 22 The Commercial and Financial Chronicle (218) NEW Range for Year 1950 I per share 16% Jan 8% 49% Apr Jan 12 Deo 38 Jun 52% Jan 30 19% May Deo 37% Jan 3 52% Oct 18 143% Oct 5 33% Mar 31 62% Nov 18 88% July 46% Oct 72 Apr 26% 18% Jan 22 Jan 13 42% Dec 4 151% Nov 27 Feb 44% Sep 6% 4% Feb 8% Jun Apr 92 Deo 4 Jan 2% 21 . Jun 3% Feb 19% Not 19 Dec 9 27% Oct Jan 15 25% Jan 7 Feb 12% 64 9 24% Oct 18 4% convertible preferred Universal-Cyclops Steel Corp 6% Apr 17 x25 Jan 16 177 45 , 12 Feb 13% Jan 12% Jan 3 20 Jan 25 Oct 20% Jan 26 85 % Mar 97 'Deo 91 J»n 100 Deo 6% Jun 29 41% Jan Jaa Jun 20 Deo -118 Feb 113% Jun Jan 115 22 xl03% May 26 14% Jan 23% July 26 Dec 32 % Jan 19% July 7 27% Jan 26 28 NOT 33% Apr 25% Jun 25% 33% Oct Jun 28 7 July 17 17% Nov 30 45 Jun 12 25% Apr 32 Mar 6 31% Dec 14 3%% Dec 28 6% div partic preferred Virginia Elec & Power Co Mar 23 >46% Dec 30 33% Dec 30 X30% Oct 13 37% Apr 22% 8ep 13 1 6% 6 Va 1,300 10% 10 Va 10% 10% 6% 11% *6 V* 11 Va 11% 13,700 96% *94% 96% 96% *94% 96 Va 200 3% 7,400 24% 600 4% 23% 170% 23% 166 170% 10% 3% 3% 27 26% 26% 26% 26% 26% 2G% 32% 30% 18% 18% 24% 24% 24% *104 105% * *100% 48 101 10% 114 - 114 115% ; *115% . 115% 20 107 42 33% *29% 30% 29% 29% 33% 30% 37% 25 5 37% ' 37% 37% 37 10 18% 19 19% 19% 20 *30% 32 x30% 30% 67 *65% x!8% 25 18% 26 *104 *103 107 \ 108 47% 47% 100 100 10% 11% 117 119% 19% 20 115% 115% 47% 48 *100' 100% 25 *106 107 *42 1 19% *115% *106 - • ;33% •' 42 ;33% 30% 37% 30% 37% 19% 20% ,30% • 37% 19% 32 *30% 32 2,200 • .,. 26 • 108 .108 *104 *103 . . ^ , ^ 90 2,29° 130 40,300 _ *100 100% 11% 12% 121 123 «•/ 20Va 20% 115% 115-8 , / - 2,900 , 107* "43 ,*106 *42 4,300 . 47% 34% *34% 33% , 16% <. . 30% 37% 20% *30% 32 7,300 32%;. 18 25% 20% 116 -107 « 42' ' 34% ;>®»300 16% 15% r 4,100 31% 31 *32 11% 12% 118% 123 43 19% 19 18% 107 ; 105% 105% ^ 42% 34'A 30% 37% *30% 32% 25 *104 115% 42 33 V 16%* {31% 18% 20 *106 42 33% >107 *41% ' .15% 31% , 107 *106 42 33% *106 25 31%. 32 . 15%* ; 30% ,15% .;.31% 100% 100% 10% 10% 114 116% 19% *115% 19% 20% 115% 18% 24% 25% *104 107 105% 105% 46% 47 * 106 *102% 115 380 56 '17% 10% 12,100 55% .18% 19% 100 10% 56 15% 15%^ 31 Z 31% ' 105% 1,500 170% 10 Va 169 ' 55 31% *114 x22% 10% 56 15% *100% 10% 5,000 55% 32 101.' 10% 1,500 4% •22% 169 9% • . 25% 4% 23 Va 169 ; 9% 25% 4% 4% 23 56 31 47% 23% 170 9% 180 . 24 'A 26% 106 100 23% 5,600 25'A 24% 4% *166 14% 48 24% 3% ; 3% 4,700 151 25 *24 4% " 31 < 3% 24 24 24% 46 96% 3% 24 15% 100 May 17 36 6 Va 4% '*47% 25 6Va :31% 10 Virginian Ry Co common 6% preferred Visking Corp (The) Vulcan Detinning Co common/ 7% preferred 41% 23% *102% 100 $5 preferred $4.04 dividend preferred Va Iron Coal & Coke 4% pfd 117% Aug 25 106% Dec 21 *41 Va 24% *104 No par com 42 4% 100 com 41% 4% 5 preferred Va-Carolina Chemical 41% *24% 24'A 100 5% non-cumulative preferred 41% .24% 2.50 Victor Chemical Works common 11% Dec 28 27 16% July 27 114% Sep 12 79 118 4 51% May 19 101% Dec 29 19% .17% Vicks Shreve & Pacific Ry com__100 July 12 39% July 26 96% Mar 22 Jun Vick Chemical Co— May 98 Deo 5 18 19% 24 31% 28% Oct 150% 19% 3% 45% 145,700 151% 19 Va 24 31% 45% 44 Va 15% - 1,300 150% *30% 31% 10 65 6% *55 2.50 Inc 64% 42 *94% 27 7,000 65 19% 10 Va 27% 730 59 45% 6% 10% 138 58 Va ' 150 % 10% 96% 3% 25% 24% 57 27% 137% 58% 138 19 Va 6% 10% 22.400 52% 51% 52% 200 97% *95% 44% 6% 56% Va 7,900 11,200 150'A 151 19 Va *41% 23% *166 40 19% 45 150 19% 42 10% • Co 45% 37% 64% 64%: 64% 74% a 57 % 137% 137% 138 59 57 /: 64% 56% Vertlentes-Camaguey Sugar Co„6% 105 Deo 47 44% V 51 74% 8% 97% *95% 53% 39 7 39 37% 97% 51 53% 60% 64% 39 *95% 138 59 10% 20 103 08 52% 136% *55 27% Vanadium Corp of America—No par 8 :> Jan Jan Jun 82% - 52% 60% 64% 45 38% / 97% 10 Van Raalte Co Norman *95% 97% '40% *74 39% 76 39% 75 19 19% 8% 39% *8 39% 39% *74 39% 1 preferred Utah Power & Light Co Van 74 9% *94% 3% 23% 170 *168 74 100 com. 4%% 5 10 97% Mar 85% 33% 15% Jan 26 23% 100 38% Sep 18% Dec 3 10 preferred Universal Pictures Co Inc 27 27 Dec 8% 40% 18% 8 8 8%: 39% 150% 151 4"% 34% Aug 16 16% Dec 28 24% Feb 23 Jan Sep 27 5 20% Feb 14 9 9 61% Jan May 23 27 Not 4% Universal Leaf Tobacco com—No par July 28 2,300 Thursday 19% 18 Va 20 *8 136% 64% i 96% 3% 25% 24% Universal Laboratories Inc 25% Apr 11% May Jun 50 —1 96% 3% *24% *24 2 46,100 8% 52 9% ; Shares 19 5a 135 59 19 'A Ml 1 27% Jan Jan 9% convertible preferred—No par $6 United Wall Paper Inc common 3 24 % Dec 7% Not 26 1 pfd__5 non-c 2d $4.20 Stores 4 7% July 10 Deo 17 Stockyards Corp United the Week S per share 75 41 % *73% 39% *95% 19% 41% 6% 19% 41% *6% No par Co common Jan 161 Deo Jan United 4% Apr 24 20% July 27 Sep 43% Jan 100 ' non-cumulative preferred—25 7% 3 51%- No par Jan. 12 Sper share Wednesday 8% 40% 39% 136 59 59% 63% 63% 44% 44% 150 150 50 Sales for Jan.11 t per share 19% 19% "8 136 ,—100 ------—. 3% Dec Jun 170 20% Jun 11% Apr 91% May 3 2% July 17 22% Nov 8 9% Sep Mar 156 3 17% Feb 12% July U S Tobacco 44% May 19 6% Oct 28 5% Jan 26 11% Not Jun 40 22 97% .51% 50 preferred 7% 8% 39% 75 41 8% 39% *73% 40% 100 preferred 7% 21 Not Co common non-cum U S Steel Corp common 20 139 Corp common *95% 10 Co 1st preferred U S Smelting Ref & Min com 8% 29 Jan 18% Dec Jan U S Rubber 6 25% Jan Deo 140% 68% Mar 54% July 14 Mar Jun Jun 5 18% 19 % 10 20 10 1 100 preferred series A—■ 3%% 11 5 126% Jan 20% 80 97% Apr Jan Jan 129% 38% U S Plywood 77 10 43 Oct 62 29 49% Jan 65% July 17 23% July 12 93% Not Jun 33% 12 38% Dec 34% July 13 133 82 Apr 31% Aug 112% Jun U S Pipe & Foundry U S Playing Card CO S per share 18% 1 common preferred- 4%% 9 $ per share Par i , U S Lines Co 4 8% Jan 29 7% Dec share Feb 18 14% Jun 27 Oct 7% S per S per share $ per share Jan Fridar Jan. 10 t ver share Jan. 8 Jan. 6 ' 11% 1951 FRICES Jan. 9 Tuesday Monday Saturday EXCHANGE Hi gnest Lowesi Highest SALE 1 STOCK YORK Monday, January 15, . RECORD STOCKS Year 1949 Lowest STOCK YORK NEW Range for Previous . . 19.400 160 ( • „ j. 140 . 6,-4.00 , x30Va ;30% 37% -37%,..,.. 20% v20% - 2,900 , . 1,700 5,600 . *30% , 32 *64% : ^ 10 w Apr 24 65 Dec 28 Wabash RR 4%% 12 Jun 26 14% Jan 10 Jun 31% Not 26% Dec 6 32 Feb 4 21% Jun 33 Jan 13 53 Nov 24 Walker 6% Jun 9% Dec 28 Walworth Dec 31 9% Jan 6% July 13 xl2 Jun 17% Deo 14>/2 July 14 x87% Jun 101 % Dec 97 Jan 16 9% Jan 16% Dec 11 Dec 8 18% Jun 30% 14 Jun 22% Jan 24 % July 18 15 % Feb 14 23% Jun 25% Dec 24'A Jan 28 11% Jun 14% Sep 12% Jun 16% Feb 24% 18 11% Apr 3% Jan xl9% Jun 78 Deo Dec 17% Nor July 13 11% July 13 19 5%% 24 Warner 6 29"% Dec 21 27% Jun 8 100 preferred ; 18% 18% 18% 18% 7,600 101% 101% 101% 102 12% 12'/8 12% 11% 37% 38% 38% 39 Washington Gas Light Co '37% 12% 55,000 40% 10,200 27% 28% 15,500 25% 27% 28% *25% 25% 18% 18% 18% 5,100 22 22% 22% 23 23 V2 23% 2,100 16 2.600 28% 28% 29 25% 25% 26 *25% 18% 18% 19 19 19% Wayne Knitting Mills Wayne Pump Co 5 21% 21% 21% 21% 21% 22 1 *15% 28% 27% 25% 15% 12% 39 % *101 19 28% 25% 18% 15% 12% 39% 103 18% 28% 25'A 5 15% 170 11% 38% *101 19% 28% No par Waukesha Motor Co 16 102% 12% 39 11% 12% 39 :26 15% 16 x25 ' • * % 15% 16% 15% 16% 1.300 7% *7% 7% 7% 7% *7s/a 7% 32 31% 32% 31% 32% 31% 32% 32 32% 83 % Feb 28 88'A Sep 25 par 87 % 87% 87% 87% 87% 873A 88 88 88 88 88 27 35% Dec 28 _1 34% 34 34% 34% 35 34% 343A 34% 34% 34% 34-'% 11,400 27% Dec 28 West Indies Sugar Corp West Kentucky Coal Co 87% 34% 27% 28 27 % 27% / 6,300 Deo Jun 15 21% July 13 $4 convertible preferred—No 27% Dec 28 West Penn Not 110 Dec 26 114% Jun 13 West Jan 14 109% Feb 7 Dec 104% Oct 4 Jan 12% Apr 17 "44% July 14 107 July 19 18% Dec 78 Dec 27 Nov Dec 16% Dec Jan 7% Jun 26 100 *105 106% 100 *106 108 West Va Pulp & Paper com__No par 4%% 27 July 3 41% Dec 28 Jan 3 55 Dec Oct 33 v Deo Aug 26% Jan 102% Sep 22 22% Feb 16 Jun Mar J15 Dec 20 35% Dec 89% Jan 81 3 94 26% July 15 15% Feb 8 41 Deo Dec 33% Jan 14% Dec 12% Feb 15 5% Jan 3 5 70 % Dec 18% Dec Feb 77/» Jun Jun Jan 57% „ Jun Dec 49% May 12% Dec 12 79% Not Oct 22% 42% 43% 42 42% 42 V* 42% A No par 52 % 523/4 52 52% 523/4 100 87% 87% 87% 87% / 40% 40% 40% 42% 32% 32% 33 34 com Electric Motor 18% 26 Dec 69 July 18 77 74 Jan 4 95 % Dec 3 98% Dec . t89% Apr 13 21% Dec 18 38 21 Feb 82 Deo 70 Feb Jun 12% Oct 30% Dec July 26 10 7A Feb 27 Jan 16 13 Jun 12% Jan 30% May 16% Jun 39% Jan 28% Not July 14 24% July 17 10% Jun ' 14% Jon 11% Jan 9% July 13 36 47% Oct 31 3 m :37s Jun 27 31 27s/b 28% 20% 20% 21% 90 90 680 : ' *30% 27% 20 7A *31 300 . 28% 8,800 .21% 9,300 20% 20% 35% 35 35 *35 35% 16% 16% 16% 16% 16% 16 /16% 2,100 11% 11% 11% 11% 11% 11% 10% ll5/# 10% 11% 11 ;n% 59,500 *69% 70% 69 69 70 70 69 69% conv pfd series A No par Co— ; 'i:i4% 14% 15% '14% *84% 85% *84% 14% 15 85 "A 85% *84 % 85% 13% 13% 13% 13 18 17% 18% 18% *13 10 6% preferred Woodward Iron Co_ *35 : '• No par 10 com 35% *35 • No par Inc common 17% 100 *138 140% ,_10 *46 15 46% 44 44% 26% 36 *69 15 70 ,*69 -14% 85% 13 13% 13 13% "13 18% 18% 183/0 18% 19 140% 140% 140% 46% 46 46% 46% 44% 44% 44% ;44% 27% / 26% 44% 19% *138 140% *137 46% ." 700 14% 13 / 500 85% *84% *84% /, 70 14% 14% 85% v *46 46% 44% *35 *138 141 *138 46% 443/0 10 Dec Common 3^ 0ct 20 6 19% Oct 18 «pr i4 6 Ye Apr 22 No par 447/a •. '46 % 44% 12,500 200 *13% 1,200 •19% 16,200 140% 46% 30 1,300 • 45 Wright AeronauticalWrigley (Wm) Jr (Del) Wyandotte Worsted Co Yale & Towne : ^ v4%% 76% 76% 76% ' 99 99 99% 96% 96% 97% 97% 98 96% 96% 75% 75% 75% 76% 76% 77 76% 77 . 76% 77 76% 77 19% 19% 19 Va 20'A 19% 20% 18% 19% 19 Va 19% 19 Va 19% 39% 39% 39 3A 40% 39% 39% 38% 11%-* 11% ' ---*39Va > 40 • *39 Va No par *94 No par 5 Mfg Co : 23 50 Young (L A) Spring & Wire.No par No par No par «• , 39%: 40 , 1/ convertible preferred- Youngstown Sheet Sc Tube Youngstown Steel Door 26% 27% ' 100 York Corp common - 26% 27% 26% 100 Prior preferred 4%% series Prior pfd 4%% conv series 14% May 19 43% May 29 dividend y^x-rights.PriCeS' U° &alCS °n thLs day* ^In 91% *30% 28% 21 r; 34% O2 *90 30% 27 5/0 16% Woolworth (F W) Co 16 £6 •' 90% 30% 1,-200 18.100 35 % 29 July 90'A 28% 1,500 •-, 20% Sep 22 79 91% 90'A 68,30n .• A 37% 37 37% 34 126 *123 126 36% 37% *33% 30,200 Worthington Pump & Machinery 16% July 12 Oct Not Deo 103% 16% 29 Dec 72 76 69 35% *35% 34 *123 -* 37% 35% *103% 20% 20% 20 $4.25 preferred 3 Feb Feb 126 -35% 31 , .31 , 13,900 103% 33% 34% *123 -; 28 31% 34% 35% $4.50 15 Jun 68 33 % ' 35 103 28% - . 32,600 16% Wilson & Co 13 Feb 91% 35% 27% *31 31% 2.600 44% 16% Wisconsin Elec Power Co Jun 90% 36% 36% 33% 6,700 V88 43% " 126 *123 3,400 52% 87% . 34% 33% 34% 103% 35% *103 A 34% 34 126 - 333/8 34% 35% 103% \ 43 42% 1g3/4 Wilson-Jones - 20% 43% 35 % r 34 36% 28 —1 87% 42% 20,500 5 25 45% Sep 28 87% 43% 34 ,, 103% *123 -93 *31 52 87%: 42% *102% - '35% 34' 36% *91% 50% 87% 43% ' 126 353/4 • 51% 88% 42% 6,300 A 23% 51 49% *87% 52 •42% 22 % 15,700 '• Willys-Overland Motors common—1 24 51 *123 20 Wilcox Oil Co_ 30 11% Jun No par *33% ■ —100 White Sewing Machine com Prior preference 13% Dec 142 12.50 34% 103% 35 104 •34% 1 22% Feb July 18 32% Jan 10 42% Dec 16 *103% Co 9% July 11 137 347/8 ' prior preference—No par conv 167/e July 13 Not • 100 Instrument Dec Not , 12 % com preferred series B Jan 49% July 41% 41% Shares • 12% 12 12% 12 12% 41 21% 35 share - 22% 41% 41% 100 2nd preferred 13% 140 the Week 40% non-cum Jan Jan Sales for Jan. l;i t per share v.: Jun Sep Friday Jan. 11 Thursday 41% 14% Jun 12 160 110 % t per share Jan.10 13 1,900 63 83 110% : Wednesday $ per * !' 83 t 110% ' 22% 10 44 PRICES 83 110% 40% Sep 22 22 - 60 9,100 18% V 18 21% 30 16 ■t* t 415/a $5 2 91 SALE t per share 12% ;* 83% 111% Jan. 9 12% 12% 82% Tuesday f per share 18 183/0 *110% I HIGH f108 22% Wheeling & Lake Erie Ry Wheeling Steel Corp com 35% Nov 22 5 108 17.% 110% AND LOW Jan. 8 21% White Dental Mfg (The S S). 27 *106 , 40% White Jun 108 *106 21% 27 77% Jan 106 41% 19 25% Nov 83% ?84 110% Monday lo 27 ! 19 " 84 110% 'I 100 Oct 12 128 *110 Jan.« Feb - 28% Dec *104 23% Weston 17% May 26 11% Dec 29 34~ -Jan 18% J* 18% 183/4 83 ' 12% 160 105 41 3.80% 6 32%. Dec 16% Jun t 12% 15,500 105 22% Westinghouse Electric 28 (Feb 108 *106 Saturday Preferred series A 12 112 *106 18% I per share 27% 111% 413/4 18 34% Dec 129 "/Dec 108 84 1 27% 111% 106% *105 110 V'. 27% 111% Western Union Teleg class A_No par Westinghouse Air Brake No par 23 36 106% 84 V 27% 41% Western Pacific RR 33% Oct 24 105% Feb *105 370 111% 22 4% 1 104i. 106% 6.600 28 111 *106 h 273A 2,000 112 27% 28 111% 7% 7% 42 24 Dec 24% July 13 29% July 13 " STOCK Western Auto Supply Co Western Maryland Ry com 29 89 13 YORK Western Air Lines Inc 22 44 £ STOCKS 27% *111 110 100 Par 51% Apr 25 23% Dec 28 19% Jan Jan 1 • NEW 28 64% Jun 27 34% preferred 27 27% 27% 28 111 *105 18% 18 % EXCHANGE 24 Dec _5 $ per share 13% Dec 27 27% 28 preferred series B < 37% July 26 12 % July 5 ■' 111 Highest $ per share $ per share 7% 26% 27% 27% 111% ' Range for Year 1950 27 No par pfd *111 15 Lowest Co 4.10% preferred series C West Virginia Coal & Coke 21 111 Electric v 100 4.20% 109% Mar 24 30 Feb / 4 Penn Power 4%% 104% Oct 70% Not 20% July 3% Feb 18% 38% 17% Mar 16 Jun 7% May 8 25,000 17% 12% 11 Jun May 71 July 23% Mar 19% 9% 18% 18% 102 102 9,200 9% 5 A17% Dec 29 30% Nov 29 8% 103 51% 9% 31% 33% Dec Sep 20% May 65 *101 Pictures Bros 19 18% 19% 52% 8% 7% 41% 21% Jun X59% 19 51% 9% 31% 8% Deo Feb Jun 1 53'A 8% 7% Highest 32% May 8% 51 52% 9% 31% 50% Dec I per share 70 53 9 5 Year 1949 *42% 52% 9% 9 No par 3 Range for Previous 4% 53% 9 Webster Tobacco Inc 108% Lowest 28% 52% 8"% Wesson Oil & Snowdrift com___2.50 17% Jan May 12% 53% •- 2.50 Warren Foundry & Pipe Warren Petroleum Corp 108 35% Jun 102 53 No par ; — 108% Dec 98% Co 26 25% 101% May "21% Jun 1,400 28 115 Sep 13 2,100 28% 84% Dec Apt 53% 13 28% 66 Sep 18% Apr 20 12% 28 3i Dec Oct 21 12% 28% 8 22% 8% Feb ; 12% •28%' 34 16% Sep 14% Jan 5 '12% 28% 13 19 104 100 ■12% 29 27 Jan 12% 66 12% 28% Jun 5 23% 104% *64% 12% 28% 24% Jan Jun 107 Sep 16% Jan Jan 64% 12% 28% Ward Baking Co common 38% Feb 24 643/4 12% 28% *65 Jan 6% Oct 27% July 16% 30 104 G&W (Hiram) 67% 12% 28% preferred-*—100 —— 20% Nov 24 67% 12% No par Waldorf System Walgreen Co *65% No par 48 Jun 60% Jan 14% Sep 11% *39% " \\y2 40 - 34" 34'A 52% , ; 33% 53 Va 53 18Vb , 18% 18 -. 27% 27% 76% 76% 100 101 11% 76% ' 54% 18% ^ -> 35% 53 Va ■ *76 76% 39% 27% ' 76% 76% 100% 99 98 *. *97 27% 14,000 77 • "290 460 ,99 97% • 450 2,700 12,800 39% 2,100 11% 11% 11% 11% 11,500 *38%. 39% *38% 39% 1 11% 38 % *97 39 39 % 700 * 34% r 36 18% : 100 100 11 11% 40 35 35 -53% 18% 76% 100 101 36 36 36% 9,500 54 Va 52% 54 53% 54% 26.800 18% 18% :i8% 19% 18% 19% 8,900 49% . 34% 51% * " 52% 51 52% 5 5% 52v< 53%. 5 * 5% » Zenith Radio Corp Zonite Products Corp NO par ; 1 receivership, or petition has been Hied < 51% .51% 5 5% X50% 5 51% 5% 51%52% . 5 for company's reorganization, -a Deferred 5% .. > - 5 5% delivery.-^ rCash sale, , s Special sales. wdWhen distributed. .28,000 7,900 xEx- Number 4977 Volume 173 . . The,Commercial and Financial Chronicle . (219) Bond Record New York Stock «» FRIDAY The italic letters In the GOVERNMENT Year1949 103.28 108.13 Range for Year 1950 Highest Dec Lowesi 103.28 Dec 108.13 Jan Jan 102.31 104.8 102.31 103.8 104.9 101:12 Feb 101.13 Jun 101.7 Feb 103.2 Aug Jan 100.28 111.10 May 103.19 Jun 25 102.14 Apr 102.19 Apr 25 100.24 Nov Aug 25 29 100.29 Sep 100.25 Oct 31 102.23 Feb 102.30 Feb 105.4 Aug Jan 102.30 Sep 100.27 Dec 22 101.3 Jun 100.21 Dec 15 101.8 15 24 101.8 Jan __ __ 102.18 Feb v 100.29 Aug 11 J01.18 Feb 101.18 .II Feb. 103.15 .* Jan 1 9 100.31 July 28 ZZZ • . .103.9 .Z 1951-1954 *100.23 1956-1959 *108.20 108.24 2%s 1958-1963 *110.18 2%S 1960-1965 *113.2 27/eS ZZZ Dec 102.6 Dec 103.20 Jun 5 8 ; ; , *101.9 1955-1960 *107.2 1952-1954 " 96.24 Mar 23 price. sales transacted this No Odd lot Interest 101.11 *101.8 107.6 *107.2 107.6 *107 107.4 100.25 *100.22 100.24 *100.22 100.24 *108.20 108.24 *108.20 108.24 *108.20 110.22 *110.18 110.22 *110.18 110.22 113.6 *113.2 113.6 *113.2 113.6 Period New York Stock Exchange York Sale Price or 101.10 *101.8 101.10 *107 107.4 *107. 107.4 *107.2. 107.6 *100.22 1C0.24 *100.22 100.24 *100.22 100.24 108.24 *108.18 108.22 *110.18 110.22 *110.16 110.20 *110.18 110.22 *113.2 113.6 *113.2 113.3 *113.4 113.8 *101.8 101.0." *103.20 108.24 *101 101.2 ♦100.31 101.1 *100.31 101.1 *100.31 101.1 *103.12 103.14 *103.11 103.13 *103.12 103.14 *103.12 103.14 102.28,r *102.28 103.30. *102.26: 102.28 *102.26 1863-1968 102-28 *101.25 101.27 * * 101.29''"101.31 *10'l,3f 102.1' *JL.Q?.26 *101.29' 101.31 *101.30 Jun 102 1964-1969 *101.8 101.10 *101.10 101.12. *101.13 101.15 *101.12 101.14 -Dec *101.11 1964-1969 101.13 *101.4 101.6 *101.6 101.8 *101.9 101.11 ♦101.6 101.8 *101.6 101.8 *101.6 101.8 *101.3 101.5 *101.5 101.7 *101.1 101.3 *101.1 101.3 *101.1 101.3 1965-1970 *101 101.2 *100.30 .1966-1971 101.1 ' .. *101.1 101,3 *101.2 101.4 *100.31 101.1 —Jun *100.30 1967-1972 101.1 *100.30 100.24 *100.23 100.25 *100.23 100.25 *100.22 100.24 *100.22 100.24 *103.20 *100.22 103.22 *103.19 103.21 *103.17 103.19 *103.19 103.21 *103.20 103.22 1967-1972 *100.22 100.24 *100.23 100.25 *100.23 1C0.25 *100.22 100.24 *100.22 1951-1953 — 100.24 *100.22 100.24 *101.2 101.4 *101.2 101.4 *101.2 101.4 *101.2 101.4 *101.2 101.4 *101.2 *100.28 101.4 100.30 *100.27 100.29 *100.26 100.28 *100.26 100.28 *100.26 100.28 *100.26 100.28 103.30 *103.26 -1952-1955 1954-1956 >103.26 103.30 *103.28 104 103.30 *103.26 1956-1959 103.30 *103.26 103.30 *102.10 102.12 *102.10 102.12 *102.9 -102-.'11 *102.8 1959-1962 — 102.10 *102.8 102.10 *102.10 102.12 -*100.24 100.26 *100.28 100.30 *100.29 100.31 *100.27 100.29 *100.28 100.30 *100.29 100.25 *100.24 100.26 *100.9 100.11 —Jun Dec *103.26 7 * 1C0.31 1959-1962 *100:23 100.25 *100.24 100.26 *100.23 100.25 *100.23 100.11 *100.9 100.11 *100.9 100.11 *100.9 100.11 *100.9 *100.13 100.15* *100.12 100.14 *100.12 100.14 *100.12.100.14 1952-1954 *100.12 100.14 *100.12 *100.17 100.14 100.18 *100.17 100.19 *100.16 100.18 *100.16 100.18 1952-1954 Dec 100.22 *100.9 1951-1955 ——Jun *100.20 1951-1953 *100.17 100.19 *100.17 *100.21 100.19 100.23 *100.21 100.23 *100.20 100.22 *100.20 100.22 *100.20 100.22 *100.20 *102.8 102.12 *102.8 102.12 *102.8 102.12 *102.8 102.12 *102,8 1G2.12 *102.8 102.12- >102 102.12 *102 102.12 *102 102.12 >102.. 102.12 *101.24 1953-1955 Friday's -100.10 100.22 -102.12 for & Development *102 r , *99.24 100.24 *99.24 100.24 *99.24 100.24 *99.24 100.24 *99.24 100.24 100.24 *99.24 100.24 *99.24 100.24 *99.24 100.24 *99.24 100.24 *99.24 100.24 *99.8 100.8 *99.8 100.8 *99.8 100.8 *99.8 100.8 *99.8 100.8 *98.16 100 *98.16 100 *98.16 100 *98.16 100 *99.8 100.8 *98.16 100 *98.16 100 *97.24 99.16' *97.24 99.16 *97.24 S9.16 *97.24 99.16 *97.24 29.16 *97.24 99.16 *97 98.16 *97 98.16 *97 98.16 *97 98.16 *97 98.16 *97 98.16 *96 - 97.16 *96 97.16 *96 ' ■ 97.16 -V 7 97.16 *96 97.16 *95.8 96.24 *95.8 96.24 *95.8 96.24 *95.8 96.24 *95.81, 96.24 *95.8 96.24 96 *94.16 96 *94.16 96 *94.16 96 *94.16 96 *94.16 96 *94 95.16 *94 95.16 *94 95.16 *94 95.16 *94 95.16 *94 95.16 " * - *96 ■ *96 p 97.16 • 12 Friday Year 1950 No. Low 112 BONDS • New York Stock Interest 108 & f'* Exchange Sale Price Week's Range Last Period . or Friday's Low i series No. 9 3%s series No. 10 3%s 117'A series No. 11 series No. 12— 3%s June-Dec *73 June-Dec 69 80% 78 77'A 66 78 series No. 13 73 73 1 No. 14 June-Dec 73% 74 5 No. 15 —June-Dec 73'A 73 % No. 16: No. 17_,—_ series No. 18 3%s series No. 19— 3%s series No. 20——,— June-Dec *73 3%s series l*>. series series No. 21_—' June-Dec *73 *73 No. 22 Junc-Dcc series No. 23 June-Dec series No. 24— series No. 25—J— 3%s series No. 26- 3%s Teletype series 3%s No. series No. 28 series No, 29— series No. 30 . Feb-Aug sinking fund 6s 1948 April-Oct Akershus (Kingdom of Norway) 4s 1968—Mar-Sept SAAntioquia (Dcpti collateral 7s A 1945—_Jan-July *77 AGuaranteed : §AExternal , 1957_April-Oc£ *53% sec sink fd 7s 2nd ser sec sink fd 7s 3rd ser 1957_April-Oc£ 1957_April-Oct 30-year 3s s Jan-July 38% f Antwerp (City) Australia bonds external 1973 5s 75'A 64 76% 73'A 68 74 73'A *73'A *74 *73 Mar-Sept •_ 101 % 102 3'As Feb-Aug 101% f $ bonds 1978_JaivJtd2/ 38% JABrazil sinking (U S reduced of) AExternal s to AExternal s :. ■- 55 •' — 46'A —Z': 55% 46'A ' 5 5'A 55 2 46'A 49 33% 40% 99 32 98 96 external 8s 3.5%) 87 98% 91% 91% 92% 21 87'A 97% 91 % 91% 91% 20 87 97 % 91% 91'A 91% 15 88 98% 88% 22 Feb-Aug —__Jan-July 1941 due June-Dec 1978 *7 103 r ; 84 111 *80 to 3.375% ) External dollar bonds of 3 %S series No. series No. *80 3%s April-Oct 58% 57'A 80 1 75 No. series No. 57'A 5———— 3%s series No. 7 3 11 assented —. June-Dec *80 70 100% 101% — 50 ,58 ■'■a 39 50 13 60, > 35 40% 36% *36'A 51 37 Feb-Aug *36'A Jan-July Sept' 1961__Mar-Sept 36% 51% 28% 38 36% 50% 28% 38 36% — *50 37 5 2'A 51 6s 1932—_! 1963--—— 1963_i„ 37 28% 52 '45 % 50% *36'A — 28% '38% April-Oct * *50 46'A. April-oct 6s 1962-— 65 76 *36'A . Mar-Sept V *50 May-Nov Map-Nov *36 >A 57% 28% — 37% 49 38 70 SECURITIES FIRM TRADING MARKETS 58'A r?ARL MARKS & c o. inc. 58'A June-Dec *77'A 73 'A June-Dec 'U 73'A 73'A 7 80 FOREIGN SECURITIES SPECIALISTS 67% 81% 73'A 8 65% 77 — .—£ . „ i 73% 73'A 12 65% 77 73% 73% 3 6 5'A 77 June-Dec *73% 65'A *73 70% 79% 77 SO Broad St., New York 4, N. Y. 83% June-Dec 75 — — 77 2 67% Telephone HAnover 2-0050 v. • V , , / i 80% .if', ■ :* Teletype NY 1-971 - . Z. : • 51 28 71% 51% 64'A 37% 39 — *50 90 54 2 37'A 36% 38 *50 Feb-Aug 1961 _—_l fund 28% — *50 37 1961 FOREIGN 65 85 June-Dec pagei27 : 101 'A 38% For Financial Institutions 73 — *59% r+fit see 101 38% : ' -'""-Tor footnotes 103 (interest A- : 3%s series No. 8 A6s 100% 86 52% - ; Jan sinking 107% 17 J^O'A, „ April-Oct Sept 1961——l-'—! 70 June-Dec — fund 6s Feb 1931_i.ll sinking fund 6s assented 102% 101%': Vi 57'A -—-——June-Dec 4—„r No.. A 6s AExternal 17 101 91% 54 - 85 June-Dec series assented AExternal ? 96% i 73 V 58% April-Oct April-Oct 1957 . series 6s A6s assented 40% 104% 104% (interest 2 3%s A ' 104% 33% 108'A 85 1S79——i——April-Get 1944 (Plan B)~ ' " 3%s . sinking 97 34 (interest 1 3%s 1960._--—_— assented Feb 2 39 104% 116% Z 60 1957——April-Cc£ % 100 funding bonds of 1931 due 1951 : Stamped pursuant to Plan A (interest reduced assented 78 98 ~ AExterenal sinking fund 107'A 85 60 10 5% .* V ' 78 65 3 101% 101% 38'A 78 66 (interest 1979 <Central Ry) 1952 Stamped pursuant to Plan A 3.5%) 103 ———_June-Dec 3.375%) 1979 f 6'As of 1927 due 3.375%) 88% 103 >110 . -June-Dec 1978—; 1926 A 6s 104 62 1955 '' ' AExternal 104% 98 1955—. 7s 104% Mar-Sept Mar-Sept ARy external sinking fund 6s Jan 1961—Jan-July 99% ——— 6s fund A6s 55'A 39 . __L SAChile (Republic) external s f 7s 1942—May-Nou §A7s assented 1942 A__ May-Noi; AExternal sinking fund 6s 1960-1 April-Qct 55'A 47 v J*- 92% to to 46'A z.-' '• I (City) 8s 1954,r_:r.— ..Jaii-Joly Val(Deptof) 30-yr 3s s f $ bds 1973_Jan-juZy f ' (91'A A7s reduced 55% ——June-Dec f 6'As of to 46% ZZ Jan-July : —_ ACarlsbad Cauca 100% 100% Stamped pursuant to Plan A reduced 97JA 55% 92'A Stamped pursuant to Plan A reduced 85'A 100% Stamped pursuant to Plan A • 55 • Jan-July Feb-Aug 1955 1957 15-year 3%s 1962 Belgium (Kingdom of) External iJl,: ' *53% 1953——i-.-Jun-Dec 5s — 20-year 3'As 1967 20-yar 3'As 1966— - 55 3'As'1961 1975 ——June-Dec 1956 3'As *53% s ; __ 78 65 *74 ——- — 64% — June-D:c June-Dec June-Dec — 1974 2%s ——June-Dec (Commonwealth) \ 10-year i 10-year i S 2%s 25-year 46% ■••-Z'Z T;.. *53% AExternal 25-year 79 ' *53% AExternal , ~2. 90% 90% *53% 1945__Jan-July 1945—Jan-July 1945—Jan-July 80'A 71% sinking fund 7s ser B § A External sinking fund 7s ser C SAExternal sinking fund 7s ser D AExternal sinking fund 7s 1st ser , of) 75 . *77 90'A (Dominion 76% 68 73% — Canada 78% 63% 3 80 65% 73'A 74 (City) sinking fund 5s 1957 Sinking fund gold 5s 1958 Agricultural Mortgage Bank (Colombia) — SAGuaranteed sinking fund 6s 1947 76% 70 *73 27 (Dept of) 30-yr 3s 64%* •75 67 1 t, *73 June-Dec series 3%s Caldas 73%.m_ 75 78, —June-Dec Brisbane Foreign Government and Municipal i 73'A June-Dec 3%s 1-1693 65 65'A. "77 June-Dec 3%s ' NY 73% v——June-Dec 78 77 75% 68'A* 78 3%s Broadway, New York ,):: 78 *73 3%s 120 *73'A June-Dec u-—June-Dec 3%s Wertheim & Co. 66'A 63% 64% *76'A June-Dec 80% 63% series —June-Dec High 67% series 3%s Foreign Securities Low 73 *74 3%s h ? Year 1930 No. 80 73 June-Dec 3%s • Range for Sold High *76 % ——June-Dec — Bonds Bid & Asked High 3%s Member* New York Stock Exchange - *94.16 ' Range for Sold 119'A 120 A 102.4 100.24 *99.24 Registered bond transaction. Bonds High . *99,24 3%s REctor 2-2300 -i— 100.24 103.22 *103.20 —Dec Bank 'j ;r- 101.1 *100.22 1967-1972 3%s Telephone ' 102.28 V'. *101.29 IQ1.31 t? *101.10 io'1.12 -Sep Bid & Asked June-Dec the Week Bonds <$) 103.15 City 1980 Sales for Iligh 101.2 3%s Stock Friday Jan. 12 Low High *102.26 Transit tJniiication Issue— Corporate *101.8 Low *101 transaction, Low New 101.10 Week's Range Last Thursday Jan. 11 High *101.9 RANGE FOR WEEK ENDED JANUARY Friday BONDS Low *103.13 1961 a High 102.26 2s serials of '50 due Feb 15 1962 day. PRICES Jan. 10 103.15 2s serials of '50 due Feb 15 1958 2s serials of '50 due Feb 15 1959 2s serials of '50 due Feb 15 1960 2s serials of '50 due Feb 15 96.24 Mar 23 Low High SALE Wednesday 101.3 2s serials of '50 due Feb 15 1956 7 HIGH *101.1 2s serials of '50 due Feb 15 1954 2s serials of '50 due Feb 15 1955 : AND Tuesday Jan. I) *103.13 3s. 1972 2s serials of '50 due Feb 15 1953 _ 101.11 the bonds mature. *102.24 2s serials of '50 due Feb 15 1957 3% when point. 1962-1967 26-year :.„ZZ asked month a -1956-1958 Treasury 2s Treasury 2s Treasury 2s Treasury 2s •; and Low High 2%s .. 'Bid of Jan. 8 2%s Reconstruction Jan 32d Monday Jan. (» 1951-1955 International 89.11 the case more or Saturday Low 3s Treasury 2%s Treasury 2%s Treasury 2'As Treasury 2 Vis Treasury 2s_ Jan Feb BONDS STOCK Treasury 2%s_ Treasury 2'As Treasury 2'As Treasury 2%s Treasury 2%s Treasury 2%s Treasury 2 Vis _ 100;i3 100.17 YORK Treasury 2%s Treasury 2%s Treasury 2 'As Treasury "2Vis Treasury 2YaSi Treasury 2%s 102.14 Apr 25 __ Dec 103 one Treasury 1 July 102.19 Apr 100.18 1 Oct 103.8 indicate in each represent Treasury 111.10 May Feb 104.15 July Period" Treasury Treasury Treasury Treasury Jan Feb Mar "Interest decimal point EXCHANGE 101.30 Sep 11 108.4 May 1 110.23 Mar Jan 102.1 NEW Highest 101.30 Sep 11 107 Nov 13 — 110.23 Mar after Exchange YEARLY ■ LOW Range for Previous Lowest headed Figures 7* column WEEKLY - > >- 23 The Commercial and Financial Chronicle . . Monday, January 15, 1951 . (220) NEW YORK BOND RECORD RANGE FOR Interest BONDS or Sale Price Period Stock Exchange New York Last r; (Republic)-—<Cont)— E'xtl sink fund dollar bonds 2-3s 1993—June-Dec AChile Mortgage Bank 6%s 1957—-——June-Dec ->=i/ Friday's assented A7s - AChinese (Hukuang 5s 1951 Ry) __ (Republic A 6s of 1928 A6s 37% ■ 4 1 28% 37% 50 1 39 51 28% 38 36% 50% 28% 37% 37% „ ' *36% *50 *4 6 88 88 88 47'A 46 V* ■ ■ 38 3% 7 Stamped pursuant San of 1927 Oct of)— -April-Oct Jan-July 1961 196.1 Jan dollar bonds 1970—April-Oct Mortgage Bank 6'As 1947 April-Oct gASinking fund 7s of 1926 due 1S46 May -Nov § ASinking fund 7s of 1927 due 1947 Feb-Aug Copenhagen (City) 5s 1952 June-Dec ."52 79 % 50 V* 47% 48% 66 65 13 62 30 (4 • __ 28 3274 8 19 111% 112 11 108 39 83 , (4 87 38 39 114- > 40% 33% External gold 4%s El Salvador 4s extl 85 82 « 75(4 Jan-July 1976 1 86 76 82 53 75% > ASileaia nrtge aeries A — A6%s lst.& gep \ JFcb-Auy .Jan-July 1944J mtge l950 70(4 75(4 70 92 V* 78(4 f 73% 80 62'4 62 Vz , 55 V* 55(4 84 — - , 1% to 3% 1977 §A7s series 3 1947 7 46(4 48 11 . Tokyo 5574 11 % 44 y2 1— A External 7s 1952 . Altaly (Kingdom of) 7s 1951 Japanese (Imperial Govt)— - ; A6(4s extl loan of '24 1954 A5 (4s extl loan '30 of —; bonds f $ s 45 49 - 6% 13% 7(4 18 6% 11% 4 72 y2 62% 28% 7 » 48 1st « ANew * assented loan mtge External 30% 27% 30% 41% 62 27% 41% , 62 51: r 71 4-4y4-4%s > 3y2s < 51(4 51(4 52 ■> 72 19 Valle ASmall / Mexico of 60% 85 53% 52(4 52 44% 60 * 46% 34% 40 IV* 10% 60 f4 39'A conversion 7% 8% 1968—Jan-July - agreem't) * A4s 8A4s Valley extl loan of agreement assented of 874 64 >5% 8% '26 1910 to 13 (1942 (assented 5 13% 10 10 11 a7/« 14 agree't) to 1 ^ "7% -3 1 1968—Jan-Juip 1922 t% 1 23 5% ASmall 11 40% 52 (1942 agree't) •>***•.■ ; . +'.y 4774 49 50 1913 *12 50 12 "•—"i ^ t " 124 *140 (1942 agree't) 9274 94 94 *88% deductions 16% 15% 16 10 178 Minas Geraes 6%s 1952 48 April-Oct 48 ASecured extl sinking fund 6(4s 1958—-Mar-Sept Stamped pursuant to Plan A (interest 10 f 8% ;2%s 86% 97% 1 77% 82 98 100(4 80 7s 1958 80 *38% Feb-Aug 10 7 39 77/a 4% 9% *5 Feb-Aug _June-Dec 3y4s 1967 4%s RR 1st gtd AND 43% 45 50 40 12 45 COMPANIES INDUSTRIAL May-Nov* 1972—Jan-July *103 " — — 1998.^"— April-Oct 4s debentures 1966 __ T Jane-Dec il" 97% '104% ; 3s 3s 1962__A*-,r ''"W Products Atchison 12 163A 49 49 49 Charlotte Coast General first unified mortgage Atlantic 1995— 115% 35 97% 100% 103% consol 4(4s A 4s 100% 108% 105% 107 Vz 121% 130% 59 99% 101 Vz 26 101% 104(4 29 103 102(4 102% 93 80 93 120% ;93'& 2 128% 128% 128(4 87% ' ' ; \ 105% 76% *8774 ,95 120% 125% 57 19 119 121% 102% 120 ■ 131% 105% 102 104% 101% 108/ 1 July *103% — 1S52—Mar-Sept 106% 1980 Refining 2%s debentures 102% 102% __M«r-Se*H 1966 Jan-July - 35 102% 100% 101% __ 105% 100% *106 ; __ 11 105% 106% 1023a --June-Dec 1964 A 18 747 115% - 7 ^_May-N<>v ser 99 400 - —.—May-Nov 1963 4%s-4s 98 95 105% luiva^-ItW >«104V4, " Air Ln*e Uy— 3%s 101% 98% 61 37 850 119% 120% 99% 100% , *—" 100% '106% 106% ^—Aprn-oct 1995, mortgage Atlantic 1966 38% 48 4s Stamped 4s July 1 16%r 61% 'VV7"> 5s Topeka & Santa Fe— Genera! 11% Co 99%. 97% 37 36 102% 1969-—_April-Oct W 100 % 88 125 106% Arbor first gold 4s July 1995_--^_i-Quar-Jan P 99% 100% iy '104% 106 100 debenture Co 90% ••v»% June-Dec 1971--— Tobacco debentures 1959— 84 101?. 98% 98 98%• 104% 74 98'/2 99'/8 99% 100 95% 96% June-Dec —Aprif-Oct 1961____ 107 102% 44 94% 98% 99% 95% 104% ; 104% 11 *100% 105 93 : 94% __ Jan-July 1975— 103 — 105%. 105% *101% 105% n 82% 83V2 ^v>98% 99% __ 1975—__April-Oct 1986 debentures American 12% 33 — 46 Feb-Aug Jan-July 109% 111 77/e (Stats)— 94 93 101% 101% 12% 46 - 92% 1978 110(4 Gen (City of) - 81% 10 101% First 16% 142 82% 66 '92 mortgage 3y2s 3"s debentures Atlanta & 16 139% 86 J — 91 1987—_June-Dec ' 1963_Jan-July _ 51 151 142 ;* r- debentures —Jan-July ASmall 45 134% __ 2%s convertible debentures 1957—_—_-June-Dec 3%s debentures 1973—-i-U—v— June-Dec - __ 53% 150 5 ■V *134% 274s (assented to 1922 1933 assented new 12 11% 66 *151 . 14 834 13% 50 41% '■ - 46% 4774. May-Nov May-Nov A 1963—Jan-July 9 97 v/; 90 ' 32% ■« 1978—June-Dec Ann ASmall , 46% 147/a 13% „ __ agreement) Milan 47 ;*• 44% 98% t — SATreasury 6s of A 40% April-Oct _Ja?i-July new assented A6s 5 1982— ASmall A4s 39 debentures agree¬ t__ - '10 4% — 1979 3%s convertible debentures /June-Dec - ' 91 39 r*' & 2%s 13 14 20 •••• Corp 3%s s i debs 1964i_May-Nou Foreign Power deb 5s 2030—-Mar-Sept American Telephone & Telegraph Co— L 2%s debentures 1980— • —Feb-Aug 1963)_Jan-July 1954—- 50' 41 7 V-- -; -5 1 • Bosch American ' due i •:i 8; 13 • ;••••' ' 196U„ Susquehanna American"'Airlines 1945—Quar-Ja/i 1945 * & American 13% ment) '■*■1 V'sv 46%^ *7 ••• (City of)— first * . *13 assented •14% 35 (Dept of) Southern Quar-Jan (1942 agree't 14% 7 io 2%s 1904 new r* , 1979 2%s convertible debentures assented - 90 —7Mar-Sept readjustment readjustment 1984 2%s (1922 85 73 -69 ' ' I 11% " 9% Jan-July conversion Great • new (2922 *10' 44 Allis-Chalmers-Mfg 2S deberitures 1956—-Mar-Sept- Large of ^ ' ^ • June-Dec readjustment ■ Alleghany ,& Western ASmall A 4s 1. > io «> Mar-Sept Power ASmall A : 1945 Alabama Large A5s & A: April-Oct RAILROAD •.! ASmall A 73% ~ 16% —— : 72 1 - 64% *59 90 . external Cauca A6s 1943_May-lVop — 1915 - Cauca Yokohama "" due 75 5 1953— 55% 28 *53 38 y2 ALarge §A5s assented 75 75 5 1961-^ external A4'/2s assented 1958 65 *10 — — 1968 1899 58 „ Ltd— AWarsawv (City) . 50% Jan-July (Republic of)— *A5s 85% 66 Jan-July .;v '27 of f s external Del See 58% 60(4 52(4 May-Nov 7s 1957—April-Oct agreem't) 73% 77 —June-Dec —I. Co 374r4,/8-4]ft8s.external Albany (1942 88 60 June-Dec 1971—— mtge $ ser 1st • a 49 : agreement) 77 **. *59 19€2-:7_77'iMay-Nov -JT^^AygS-fdoliar bond of ^37) 49% -Feb-Aug 1943 77 80 (Republic) external 8s 1946——Feb-Aug AExternal sinking fund 6s 1960_7.1—'—.z May-bov AExternal sinking fund 6s 1964_. May-Nov 75 85 73 31% 29 74 'ir* 29% ;_June-Dec 1978 (1922 small 65 -lii._i—i—May-Nov — Ujigawa Electric Power Co Ltd—' Mexican Irrigation— A4(4s *60 April-Oct •- f ■ s Alabama §A4(4s assented 82 62% — (City of)— A6s 41 30 (State Mtge Bank) (Colombia) 6(4s 1954——June-Dec 30-year 3s 0 oan-Juty A5s sterling loan of '12 1952— Tokyo Electric Light Co Ltd— ' t 1965 65— 70 (interest i*- - A Jugoslavia AMedellin *64 7s* 1958r .__—June-Dec : Power (40-yr) External —Jan-July —Jan.-July 1977 75% 54% (Kingaomj— external 1958 '■*• Electric A5%s extl 51 8 30% -- 31 -1-Jan-July Mar-Sept lL Public Utility— Credit Institute 1% to 3% 7(4 7(4 Italian .. 1968 loan off -external z.i 64 8% 1 50 7(4 Italian (Republic) extl s f l-3s 1977 —Jan-July Italian Credit Consortium for Public Works . 68 68 '.7 ~ 60 § A Uruguay —May-Non ———Feb-Aug external 6%s 1960 April-Oct Helsingfors (City) <Prov A5>/2s - 49% 47 46% . 13 *8(4 1 —. part paid 1964 part paid 1968——— A6s *54 Jan-July Blectric Power Co Ltd— 1st mtge s t 19521_ • A7s A7s 57 66 uu».iw. Sydney. County. Council 3'/2S 1957 Greek Government— , dohar A4'%Sr*i assented' 79% *76(4 i._ s f dollar bonds Jan J 1976—-Uan-Joly f dollar bonds Jan 1 1976——Jan-July s 1st 85 41%, 55 85 101% Taiwan AEstonia (Republic of) 7s 1967--——-—-Jan-July Great Consolidated Elec Power— A 7s 1 22 *52% April-Oct —— f. dollar bonds Jan s 3s extl 61(4 - 42 42 - (Republic cf)— 3%s extl . 1962— A6.y2» > 41% 47 — * Mar-Sept a 2004—^ A8s secured external'1962_ » *58 Jan-July 1956 Piu.i pursuant to Plan A reduced to 2%) 2012 >■ 34 ■v/' 80 '• taiu'en. a 1999 loan A7e series. B secured — 1955— v———/-Feb-Aup 5%s ■fia 1 2.5%) water external 42% : — ■ 52 Jan-July to Stamped reduced to 6%) ejetc-nded to I960-—————April-Oct lADenmark 20-year external 6s 1942—Jan-June gold A6s > 33 V2 Shlnyetsu (interest to external 55 Vz 33% High A 1950 Stamped pursuant to reduced to 2.25%) Czechoslovakia (State)— External A7s • 48% 39% *_ Jan-July pursuant to Plan to 2.5%) 1999 Serbs Croats & Slovenes / 1978—-Jan-July « May-Nou 2012— pursuant reduced 90 69 63(4 69 65 ■ 32% 25-year gold 4%s 1953. — -—May-Nov, Rica (Republic of) 7s 1951——May-Nou Cuba (Republic of) 4%s external 1977—-June-Dec; .. Stamped 52 66 (4 reduced A8s external ' Low 1 — stamped .(interest > 53 *52 ACosta 39% No. Pian A. (interest to 2%) to (State oi) 1936 53 .. 90 — v Stamped assented Paulo 8s 90 4074 47% ^ . *52 , , (Dept of>4— 30-year 3s sinking fund $ bonds 1 47 (4 78 y4 48 88 3s ext sinking fund Cunciinamarca 1 - reduced vy Range for Year1950 53% *38% (City of)'6'/2s 1952 April-Oct ASao Paulo (City) 8s 1952— May-Floy Stamped pursuant to tiaa a unroot, reduced to 2.375%) 2001— May-Nov A6'/as extl secured sinking fund 1957—May-Nov 51 28% 3 37 Bonds Sold 53% ARome 39 > 37 Range Friday's High May-Nov 1966 of 1926 due Stamped pursuant to Plan A (interest v reaucea to 2.25 Vo) 2'Ja* June-Dec 7s 1967 stamped pursuant to Plan A (interest reduced to 2.25Vo) 2004June-Dec 51 50 r- IA Colombia . 50% ■ 36% *50 or Bid & Asked of)—(Cont)— (State external loan A7s - Colombia . 40 28% /.•; 50 *36% Sale Price Low 38% 36% r June-Dec : 26% • • Last Period High . ———Mar-Sept 1960 Low 50 r— — . — Week's Interest BONDS New York Stock Exchange 141 51 *36% i_ 1961_——June-Dec 1963—_— Year 1950 NO. 36% *50 , June-Dec A Guarantee! sinking fund 6s 1961——Aprtl-Oci I A 6s assented 1961 April-Oct :A Guaranteed sinking fund 6s 1962 May-Nov A6s assented 1962May-Nov AChilean Consol Municipal 7s 1960 Mar-Sept assented Ii 7 Range for Sold High 35% 35 Vz ———June-Dec 1957 assented A6%s JANUARY Rio Grande do Sul Chile 6%s ENDED Friday Bonds Bid & Asked Low ASinking fund 6%s WEEK Week'* Range Friday 102% > - reduced to 2.125%) 2008 Mar-Sept ASecured extl sinking fund 6(4s 1959—Mar-Sept Stamped pursuant to Plan A (Interest „ *34% B Baltimore & Ohio RR— > First . reduced to 2.125%) 2003 Mar-Sept (Kingdom of) 3%s 1957 May-Nou Norway (Kingdom of) 4(4s 1956 Mar-Sept External sinking fund 4%s 1965—__—April-Oct 4s sinking fund external loan 1963 —Feb-Aug Netherlands Oslo (City) (30-yr) 96 95% 96% 23 89 V* 9634 95(4 963's 19 88 95 ^ 95 95% 18 86% 100 91 91 9 88% 99 ilSeries K due 96 96 4 94 y2 99% / of) 7s to (Republic ANat Uay-Nov loan 2.125%) ofj extl 2008 external f s assented 5 A Stabilization 6s 1st 7s A4 (4s 35 36% 32 series i960- 1958 100 48 sinking *33% 31% 50 31 (4 • ■ gold 38 22% 3174 32 V* 52 22 32 22 22 y8 32 *5% 8% *5 5 6% FDA 14 ~ 5 4% 1950-Ja?i-July 7 7 6 Ja.wmy 6 6 5 1963— 7(4s 1966 reduced stamped to to 2.375%) pursuant to .*rJlnterest reduced to 2.25%) fARio de Janerio (City of) reduced to 2.375%) secured reduced Grande to 2%) do Sul £A8s externa! A6s external 1995 1 1 ^June-Dec 8% 8% 151/2 9 10 *'•' .' v Beneficial .Industrial Bethlehem loan of lc 2.5%) Plan A For footnotes 2%i see 1846— 38% 38 55 y2 & ? 38% 33% 41% 46(4 46 y2 42% 50 34 34 31% 37% Maine RR— _April-Ocf *57 June-Dec *41 y2 54 61% 44y2 38% 46% 47 47 43% 501/4 (interest 85 84% 85% 88% 89 ; , ' 1980_Jan-July ' ,/• - - 2%s 1960-—April-Oct debs ' ' • . 89 >.••• ; " V . V^V.«5 93% 93 > HO . /■i; 18 110% :20 • ' 116 97% 1961^May-Nov •. < 101 • •* 96 Vi 93 100 ,v 116 100(4 122 % t,General mortgage 27/as 97% 5 97% 99% 101V* 60 100% 102% 5s 5 100% 102 lU4?8 iU4% 5 103% 105% *89 .Mar-Se^t May-No» 1C4 % lA-ur l-O t -.t^n-jv'y *81% 92 75 ■ "3 104(4 83% 65% 67 5> 84- > 44 67% 103 105 V* 101 81% 81 1G 101 101% 81 69% 197 105% 101 89 103- 135 s *103% 104 105 - 102 77% 87 82% 66% 1976——2—-—Jan-July _i—Jan-July Buffalo N'agara Elec first mtge 2%s 1975_May-Nov Buffalo; Rochester & P t.sbu-gn Ry— Stamped) modified 4(4s lU^T .Mav-^nv Bush Terminal Co. first 4s 1952—__i— April-Oct 3s 101 101% 101% j mortgage 4s series RR 1960 mortgage 4(4s series A July 1970--May-JVoo Bristol-Myers Co.'3s debentures 1968 1—April-Oct Brooklyn Union Gas 4s debentures 1969 Mar-Sept Consolidated 87 94% Aire . 86% 72 93 % mortgage, series 5s AC 19S7J— mortgage 5s series II 1955_f._ First mortgage 4%s series J J 19311— 1st mortgage 64% 94% First •; 38% (interest Apr'l-Ocf 102 105% 1 99% 102 Vz 101(4 ~8 100% 103% 82% 59 1980— Jan-July 1955 102 102 102 100% 100 100% 104 104 V 3 - 61 101% 5 97 2 104 81 102% 105 _ page 27 32 Boston 92% 52 647 First _F'eb-4uo A 38 (interest 1999 2012 *36% (interest sinking fund gold 1988 to 40% 68 81 151 70% series C Loan 90 "< • 43% 92% 68% V; 84 ■; Corp— First Jan-July " A 37% 48 „ April-Oct Feb-Aug A *38% A 2003 of I— 1921 Steel 65% 90% 69% lst mtge 4(4s .conv. 1976_i_L_„__.-i.——_Jan-July Creek Extension first 3(4s 1951——April-Oct 5s 81% 92% aiv.sion Pa 81% 54% 74 £2% 82 % .v " Beech Bell/Telephone of 81% 55 42 " ■ 81 % 81 conting int) 100% 55 195 82% 82' ,. 1 9i/a 81% 81 >4 82 ^Mar-Sept (2% % First; lien and. ref M 4s series D ; 1935-Jan-July Bangor & Oroostook RR— <■ 88 * 84% 1996 general fixed;& 1 Vz % ; 82 2000_1_——_Mar-Seyt March 1 98% 81 97% 95% 99% 101 - 2012— (State Stamped pursuant to Plan reduced Dec March Toledo-Cincinnati ■ : A 1953 Stamped pursuant to Plan reduced Plan 2001———April-Oct 6(4s Stamped pursuant to Plan Rio due mortgage 2%s series I 1970——_Jan-July Consol .mortgage 2%s series J 1976 ^.-May-Noo Consol mortgage 3a series ^ 2001——Jan-July 1946 8s Stamped pursuant to Plan AExternal G M due Consol (City of)— stamped pursuant 1961 and (3%% ' *12 8s 5 32% April-Oct fund 31 : 31% April-Oct 1947—April-Oct 7s 34 31% 31% June-Dec 1968 assented (interest Series 97% 100% - mortgage 6%* fixed and 3%.% contingent interest) — .1: v Series J due Dec .1: 1995J— _i_:/_^__June-Dec A4V2s convertible income Feb 1 2010_ti_^i__^May Pittsburgh Lake Erie & w->«t Virginia— 5.; Reiunding 4s Series A 1980.. ;J May-Noo S'western div .first ironvta w •«" Porto Alegre 8s Series / 50 83 33% *94% Mar-Sept Mar-Sept 1859 loan sink fund A4(4s assented AExternal fixed, and 3%-contingent interest)— j. (interest AN,at l0an extl A4 (4s 2 21 Mar-Sept s f 6s 2nd series 1981—April-Ocf f Apoland (Republic of) gold 6s 1940——April-Oct . 9974 44 36(4 1% — reduced APeru 100 37%. .39% _Mar-Scpt 1947.J A and contingent interesti July 1975^April-Oct. -i Refunding and general mortgage 5% (2% v ». Ref 1958— Stamped pursuant to Plan . 102% . . mortgage 4s series A July 1975—__-April-Gci mortgage 5% series B (4'/o f.xed • / First 96% sinking fund 4'4s 1955——April-Oct lAPerriambuco (State 37«/4 3 _June-Dec . loan 32 99% -AprJ-Oet 3%s sinking fund external 1957_J Municipal Bank extl sink fund 5s 1970 Oriental Development Co Ltd— A6s extl loan (30-yri 1953— extl *34% 99% — A5(4s -- - 35% 35(4 30% 38% ■Ruch , A 106% Volume 173 ..Number 4977 . Commercial and Financial The Chronicle . . (221) 25 NEW YORK BOND RECORD RANGE FOR WEEK ENDED JANUARY Friday BONDS New York Stock Exchange Last Period Sale Price , * 12 Week's Range Interest or Friday's Bonds Bid & Asked Low Sold . Friday Range for High Low Interest BONDS. New York Stock Exchange Year 1950 . Electric Power first 3s Guaranteed -t goru •* io<y4 low 4% conv debenture --Jan-July stock 4s inc conv debs v J series B 1965 Dayton Power & Lt first mtge 2%s 1975— April-Ocf tr 14 *' lllYz 35 109 Ya 109 17 101% 100Y2 12 101 Ya 100 y2101 First, mortgage' 3s series A - 266 116 Ya Deere 114 y8 114 * A - Gen mortgage AGen 122% ;;''f 93 Ya 119 125 YB 105 74 5 111 * 95 ♦68 103 y4 83 131 105 Ya 1 70 58 102% 103 y4 _:Feb-Aug Feb-Aug ♦102 1948—June-Dec ♦102 68 10Q Ya 101 Ya 105 83 General mortgage • 2020 1987 May —April-Oct 75 102 & Ohio Ry— Gene, ai *4 %s i«j92 First and 102 y2 .Afar-Sept 1996—May-Nou 1996—Feb-Aug 1st 1989.....Jan-July 1989—Jan-July anu Aoc.ieral 7 ' reiuno.ng mortgage 2%s Chicago & Eastern First Quincy RR— 1990—" 111 inc inc 3% A 2nd B & 1 St Firot mortgage 4s General mortgage / Ya 101 Ya 104 102 103% 23 104 Ya 87- 106 % 106% • — — — , t 117- 117 100 7 7 104 'A 103% 111% 111% 104 99 Ya __ -s 99 Ya 75% 110 Paul 99 101 % 99 Ya 101 Jan 81 1 126% "2%s mortgage mortgage' 2%s 98 1993 91 April 69 100 series A ser A 84 5 81 76 Ya 107 y. 105 105 100% 101V* 23 95% 100% 74 65 ~2 •II 103 Y4 ♦100% 100% 101 , April 85 y4 84 85 Ya 1993 -Jan-July 1970-,—,.— .June-Dec mtge 2%s Jan Chicago L at & New 1961 96 96% 10 105Ya 24 104 y2 IO8Y1 17 iooy4 103% , 101 101% 134 110 120% 2 113i'% 114 y4: 76 - 76 68 - 105 Y4 105 'A 102 94 ♦99% 99-7/b 106 107 51 % 70 38 40 Ya 100 15 89 104 1965 109 y2 99 'A 102 'A 102 Y* 107% 111 ; lOOYa 109Y2 1 ' 105% 111% 111% AprihOct 104 IO6Y4 112 109% 110% '111 99% 72 61 Ya A Jan 2015. ser April consol mtge 3Yes series F 81 82 consol mtge 3%s-series-G consol mortgage 2s series H 1953—Afar-Sept 95 94 Y4 ♦94% 63 — 186 52% 73 Ya 69 y2 70% 408 50 71 Ya 94 Ya ♦94 Ya 87 100 100 98 Y2 101ft lOOYa AFirst 103 13 102% 104% 1 102 ya 103 7/b 102 Ya and 102 y2102 y2 81 Y» 82 81 Ya 82. refunding 5s series A 1974—Mar-Sept ACertif.catgs of deposits ..Mar-Sept 101 Ya 81 % 1963 General Realty & 4 18 ♦104 Y2 89 72 82 Ya 103 __ lOO t-' 104 * General 5s 104 General 4 Y2s 1962..Mar-Sepf 104 Ye 104 Ya 1 101% 106 1st mtge 2%s 1975_AprzZ-Oct mortgage 27/as 1978 —.Jan-July Cincinnati Union Terminal— First mortgage, gtd 3%s series E 1969—_Feb-Aug ♦101% 102 'A 100% 104 'A First I T mortgage 2%s Financial series Corp 2%s G 1974—^ ♦102% 1959 110% 100 'A 99% •93 99 93 — 93 General 5s series B 1993 Refunding and impt 4Y2s series Cincinnati Wab Mich & Div 1st E Electric Illuminating 3s First mortgage 3s mortgage 2%s 1st First mortgage series B First mortgage 4YaS series Colorado 4Y2s & Colorado modified) Fuel & Iron First mortgages Mar-Sepf 1961—April-Oct debentures series & South Columbus & Toledo sinking fund Conn f 1980 Afay-Nov 4s Pwr June-Dec 3V4s external _ Feo-Aug 19'<0—May-6'e^f 1955—Feb-Aug debentures ' sink 101 105 1U5A 105 32 105 h 105 32 105 i'tf 1 J5 32 • V 90 Ya 89 'A •102 102% fund of .. Co of 1st M ref M conv 2yas 27/8s debs El Lt ser T ser 1961 A Feb-Aug 1965-- U Power 7 105 »/g 105 Y2 106% ♦104Y2 104 ♦99% 103 a — 2y4s gold 1952 see page 3%s trust mortgage mortgage 95 Y2 103% 7 77 Y4 129 125 102% 1 95% 102Ya 12 . 90% 96 • 79 24% 87% 94 7 5 87Ya 22% 107% 125'/» 96 11 98 ♦ 23 96 < 103 118 7 85% ♦95 Y2 97 Ya 75 67 7% ' 125 : 23% 102 104 103% ♦101% 103% 103 3s Jan *„ mtge 1976-i -MayNov 1978 100 74 •98% 41 75% 102 77 61 * —J.,, 100% 99 99 Y» 104 Ya 104% 103% ♦101% — 105 102 — 4— June-Dec 1979- 88 103% 100 _April-Oct .Jan-July i 1969 2%s 73 ..Jan-July 1st 2 114 88 ♦102 2044..—-.April 1968 y2103% 86 Va April 102' June-Dec Water first mtge 2%s Hocking Valley Ry first 4Y2s 1999 ♦__ 1976—Afar-Sept Jan-Ju.y Household Finance Corp 2%s 1970^— Jan-July Hudson & sink fund first Manhattan AAdjusted income first 5s 5s 5s,Feb A ser 125% 99 'A 98% 125 'A 126 . 8 119 ♦100% 101 1962-June-Dec 100 A 99% 100 46. 100% 128Y4 99% 88% 101% 100% 74 Y2 74 75 % 108 63 77% 53% 53 Y2 54 Ys 183 27 56% 101% 33 100% 103% 105% 103% 1957—.;—Feb-Aug 1957——_Apnl-Oct 12 105% 106% 102% 102% 106 Ya 108% 107% 103 17 Illinois Bell Telephone 2%s series A 1981—Jan-July First mortgage' 3s series b 1978 June-Dec 104% 107% 104% 107 103 y2 < 9^% 99 'A 100% 103Y4 IO2Y2 105 y2 102 1968 27 Central % 101% 101% 101% 4' 99 Vt 1D5 5 •' S9Y4 V *105% ♦lOSYs 105% 121% - 25 99% Extended *' 104 ' 320 ♦107 ; Collateral lOOYa 103y4 y2 110 106 Ya 106% Refunding ' t V 140 i 11107 108 'A uoy4 . linese trust 5s 3Y2s gold 1952 , 4s 1953 ... 104 Ya 104 'Ah April-Oct — Afay-Nov 102 : 13 r 40 102 y2102 Y2 99% 2- 99-Yt 2 124 101 - Ya 102 Ye ' 102% 92 y4 42 y4 106 2 47 Ya 53 Ya 42 Ya 54 30 Ya and refunding 4%s series C 1963—June-Dec First refund mortgagees series D 1963—June-Dec 81 89 y2 95 y2 2674 32 41 40 41 39 Ya 40 ^ 129 7 A 6s series A 1952...— AAdjustments 6s series 23% 32 Ya AFwai 2* 30 Ye 38 y2 AFirst gold 2 33 Ya 38% ♦ 102 106 101 y2 5 104 103 Ya 12 102% 104% 104% "5, 103% 1Q7Yb 107% 100 Ys 102 3 105Y* 106% 173 ♦ 102Y4 102Y4 ♦100 ft 101% 100 105% 188 100% 88 ft 102% 161% 100 'A 100 'A lOOYa 101 100 % 100. Ya 100 li 101% ♦lOOii 100 i? 102% ♦100§J 100 Bi 102% 49 101% 108% 108 y2 108 'A IO8Y2 105 y4 103' 105 Ya 18 •98. •93. 99% 98 'A 104% U 92 100- — 99% 100Y4 1970—...Jan-July 96 100'/4 . Ya 93 99% 96 flnternational Great Northern RR— AFirst V 101 104% , Indianapolis Union Ry Co— . ; Refunding and imp 2%s series C 1986.—June-Dec 39% 32 Illinois Central and Chicago St L 8^ N O— Joint fitst refund 5s series A 1963—,_^_June-Dec 102 104 Ys 104 Yb Feb-Aug —.Feb-Aug First 100 55Y% 1951J — {Illinois TerminaL Ry 4s merles A 103 Y2 37 Ya ♦93 V2 —Jan-July. 1 104' 55% June-Dec June-Dec 102 103% 104 103% 106 Y2 11105 9 106% 1U03Y4 20 112 'A 113 '..April-Oct Mar-6'epf 11103 Ya 102 ♦IOIY2 102 —— Registered ♦103% 104 Ya 102 108 Mi 103Ya 10011 ♦lOOaV May-Nov 1955 4%s 1966—L'—l—-- 108 102 Ja n-July —May-No.o ^...Feb-Aug Louisville Div. & Term gold 3Ys>s 195®.—Jan-July Omaha Divisicm first gold 3s 1951—Feb-Aug St Louis Div .and Terra gold 3s 1951..—.Jan-July Gold 3 Y2S ,1951. '—.J Jan-July Debehthre 106 104 108% 108% first Western Lines.first gold, 4s — ' ♦106 gold 3%s 1951..—■ —ApnirOjet Collateral trust gold 4s 1952.. ——April-Oct Refunding; 4s 1955—______May^ZVou 102% 98 .100 103 % — 121% 122 • 101 101 Ya / Consol mortgage 5%s-3%s series B 1979.May-Nop Consol mortgage 3%s series C 1974 .May-Notr ' 102% 100% 101 Ya RR— Consol mortgage 4%s-33/i»s ser A 1979—May-Non 105 y4 4 §ADeposit receipts '———.Jan-July §A7Y2s series A deposit receipts -1946—.June-Dec §A6s series B deposit receipts 1946—.June-Dec Ff>r footnetes 95 •" 85 % Hackensack 90 101% 104 100% 1965—-Jan-July mtge SYaS 1966 Afay-Nov ... ACubi RR first 5s inc 4s series B Utilities 2%s .Hudson Coal 101% ♦102% 104% Baking 3s debentures 1st 3 101 '/a H 101% 107% .....Jan-July §ACuba Northern Ry first 5Y2s 1942— § A Deposit receipts + . 100 Ya 62 y4 14 100 Ya 100 % reiunding 3%s series D 1969.-..April-Ocf mtge First mortgage 23/4s 1980—— . 106% __ •' (Bait) mtge 2% 1975 Crucible Steel Co of Am 2015. 108 105 '/a 55 . and Purchased June-Dec 1981— Gas Consumers Power first Continental 90 Ya 103Ya 95% April-Ocf 1959 108% 105% 37 5 1954——AprZZ-Oct & * 100 Va 50 106% 107 % April-Ocf City— 1976—— 1962—r__ Consolidated Natural 1st York— Bait mortgage 4Y2s Consolidated Gas 2 y2s 96% 105% .102% 102% 107 Ys June-Dec 3s convertible debentures 1963 ref 2 13 1999..—.April-Oct 3%s 3V4s New '■ ' Ohio RR—- debentures 3s 102% 53 33 102% 102% and Gas Fist 100 % ......Feb B ' 107% 107 Ya 102 17 102 10532 — 1999———.—ApriZ-Oct - 1st 104% 105% ■ 103 refunding 4s series B 1975—-. ^Jan-July States Illinois Feb-Aug ... refund mtge 2%s ser A 1982_Afar-Sept First and refund mtge 2.5/bS ser B 1977-ApriZ-Oct First and refund mtge, 2 %s.ser C 1972..June-Dec General __ 7 s ——_ mtge- inc 5s series A July Collateral Gulf - 89 'A 80 • 102 Vs 102% _ refunding 3s series D 1972.—.May-Nou First and refund mtge. 3s series E 1979—Jan-July - • 4s First,and Consolidated 72 57 Co— debentures River 80 6 105% 105 'A 1964—April-Oct — Elec Consolidated Cigar Corp First ; v , B first Consolidated Edison ; ■..59 Ya 203 105-/4 ...April-Oct First mortgage 3s series L 1977 First mortgage 3s series, N 1978— s 71 •91'/b 1977—Apn'Z-Oct 1973—, C 1975— Ohio Commonwealth. E'dison 2%s 79% : 105% 105 hi coil trust 3s debenutres series A 3s 77'% certificates & and General 101 Corp— and Columbus First 90 75 98% 70 % ApriZ-Oct ■{ Columbus Gas System Inc— 3s 21 Southern Ry— (Stamped First j ' 1985 5s 93 —...June-Dec Cleveland Short Line first gtd 4'/2s Cleveland Union Terminals Co— FIr-s mortgage 5v2s series A 1972 ; 78 Ya 1990—May-Nou 1970—__Jan-July 1982__ Gulf Mobile 99 92% ' 1977—Jan-July 1991-Jan-July 4s St Louis Division first coll trust 4s Cleveland 92 •100 1976 Greyhound Corp 3s debentures 96 103 128 Vs 128 Ya Jan-July ^Jan-July i 1973 D 99% 100 'A General June-Bee C series "7 ♦1'22% 122% .ADebenture 102 83% 5 Cleveland Cincinnati Chic & St Louis Ry— General gold 4s 1993 June-Dec ; 88 YB 97 101 Ya 101 Ya .Jan-July 103 y4 •lOOYa 100% City Ice & Fuel 2%s debentures 1966 June-Dec City Investing Co 4s debentures 19.61-+...June-Dec 110 ♦93 Ya 101 'A series ♦94% Mar-Sepf 1965— _Afay-'Nov mortgage 3YaS series N 1990— .Jan-July General mortgage 3 Yes- series O 2000— .Jan-July .General mortgage 2%s series P 1982— .Jan-July General mortgage 2%s series Q 2010— .Jan-July General mortgage 2Y4s series R 1961.^ .Jan-July AGreen Bay & West debentures ctfs A .—Feb : •110 1969— first mtge 2%s General ' i Feb-Aug April-Oct debentures (B F)- Co 100 Ya C 80% ' 'I Utilities Corp— income conv Great Northern-Ry Co— v. General 5V2S series B 1952 106% Ya a4s Goodrich i4 First _ 72 Ya ♦100Y2 109 Cincinnati Gas & Elec , 88 y4 83 y4 101% 101% D 82 Ya 60 5 103% 88% —Jan-July 104 59 148 101ft 103 y4 82 '/a 83 1963—.Jan-July reiunding 4'/4s series 98 Va 100 ♦100 Firestone Tire & Rubber ,3s debs 1961..—Afay-Nov tFlorida East Coast first 4Y2s 1939); June-tDec l952'__Jan-July and 94 Ya 98 'A 100% 1017a 101% — First 94% 80 96 Yz ' ♦10.V juiie-ucc 4s 98Ya 81 16 96. ♦97% 100 3Y4s 1971—Mar-Sept 82% 97Y2 94 82 ♦99Ya 1990——Jan-July 2000——Jan-Jiuly 85 Ya 73 Y4 K>— conv - 104 Ya 59 85 Ya 71V* 69% Fira and refunding mtge 2%-4Y4s 1994-Jan-July Income -2.%-4V4S 1994_ —Jan-Jmy Chicago Union Station—' Chicago & Western Indiana 152 104Y% 104 Yz . Ohio Division-first mortgage * 150 Y4 '15Q'A 104 >/a April-Oct First f 69 84 y2 Memphis Division 1st gold 4s 19ol——June-Dec Chicago lerre Haute & Southeastern Firs* mortgage 3 y8s series F F.r.t mortgage 2'/as series G 101 2 14 100 100 72% ■; ' 96% 101 100% 3 102 Ys-102 Y2 3Y4fS series E 1964.April-.Oct 70% 85 —Jan-July taal as , 99 Va 10-1 v2, loi % • 73 10.6 y4 % 92% if, ♦93.Y2 .Feb-Aug 76 67 'A ♦70% . 96% 87% ♦100% 101% 76 .Feb-Aug April-Oct — Ya 105 100% 101% May-NoV' i First RR— 1980 Orleans r 10.5.Y2 2%s;'s9r B> 1976. Afar-Sept % General mtge inc 4Y2s First consol mortgage *• r 103 y2 104 Jan-July 2019—April Jan-July A ser ■ 86% 100%. J. 1st 86 Y« 72% IO4Y2 .. RR— 1994 4Y2s inc 82 105% 105 'A .Jan-July 1980;r 1965 * 72% 82% (4Y2% 1979 Co— . 73 Yv 2003 Jan stamped Railroad 1 130 Ya 86 71 Ya 63% Mar-Sept First • 46 94 fixed 2".35s debentures 5s * 40 1956——Jan-July A 72% 82% 1979. _Jan -huly -T Light",Co 2%s 19,7^... Erie 74% 68 43 April Pacific Pacific 36 9 97% ILOY4 1983 conv increased series B Jan 1 2044 April Chicago & North Western Ry— Second mortgage conv inc 4Y2s Jan 1 1999—April First mortgage 3s series B 1989 & 258 - 8IV4 ♦76Y2 East Tepn Va & Georgia div first 5s 1956 May-Nou :Edison EL:111 (N Y) first cons gold 5s 1995-Jan-July Elgin Joliet & Eastern Ry 3 Y4s 1970——Afar-Sept : 95% 98 72 82" ai 112% 93 — 56% 5 104 Ya 76 'A 130 Ya 130 Ya __ April 4 '/as Chicago Rock Island ' 13 99% fixed series jK 3s 1st ' 4s & 93 72 Y2 90 110 Ya 100 — 74 95Ya 72 35 1977. .June-Dec 2018 (3% mortgage 1st . 107Y4 1 ♦99 — 120Y4 114 3 11 • interest) interest) Chemical Duquesne 114 (3% Detroit Tol & Ironton RR ,Dow 107 9 107 'A 107 'A 104 94 72 ^General and vefund 2%s series I 1982.*.May-Sept Gen & ref mtge 2%s ser J 1985 Afar-Sept 3s convertible; debentures 195®—. .June-Dec Detroit & Mack first lien gold 4s 1995 -June-Dec ASecond gold^s 1995—*4 June-Dec "Detroit Terminal & Tunnel 4Y2s 1961 .May-Nov 103% 110 'A r- A mortgage series A Edison "* v 1;; ,• 133% 100 ' 10 ♦111 "7/ 111Y4 May-Nov 2038 A ser Southern Chicago Milwaukee Detroit ' * 104 104Y2 1997—".'——April 1985. series mortgage 4Y2s inc Chicago Indiana 104 ', 124 93 .April-Ocf , 1980 1%_ contingent interest) 105% 7 3 - 98 Denver & Salt Lake— ' 58 2%s trust contingent contingent 6 ; 104 y4 Feb-Aug 5s conv 4I/2s. Jan inc 4s Ya, " 10? Yb 102 Ya 104% 97 y2 Grande Western RR— :E1 Paso. & Southwestern first 5s series mtge mortgage 101 106Y4 101 101Y2 8 , Light 3s 1973 & coll Rio A Income ; 6 104 1970.1Feo-Aug A Chicago Indianapolis & Louisville Ry— A 1st 103 Va" »• 104% Chicago &. Erie 1st gold 5s 1982— .-Afay-Nov Chicago Gt West first 4s series A 1988——Jan-July AGeneral 73% 40 Ya. ' 3 .Afay-Nov 1985—__ .Afay-Nov tr 5s. ser A mortgage series 1% 85 RR— mortgage mortgage mtge Income 487 , 130% 131 Ya " . 103% 101 102 'A 102 y4 May 1. 20,42—2 -Afay-Nov mortgage-and coll trust 3YaS First 76 39 131 Ya Afar-Sept 1st & ref mtge 3s 56 % 103% 103% 103% 108% refunding 4Y2s series B 1977—Feb-Aug refunding mortgage 3'/bS 1985—Feb-Aug First and Firs* & 55 / 1037/b 103 7/B -- Feb-Aug Jan-July 1958 100% 106 y4 & coll tr 4%s tier B I985.:__ -Afay-Nov power & Denver & \ 1 Second consolidated gold 4s 62 256 1963. First mortgage-and coll trust 2%s f * 55% ■ Refund and impt M 3YaS series D Reiund and impt M 3Y2s series E Refund and impt M 3%s series H 1973—June-Dec R & A div first consol go.d 4s 4s 75% - - — General mtge First 101 Ya 103 Ya 64 74 JFe'h-Auq . Chesapeake 47 87 i First and refund 3Y2s series A 1974 First mortgage 3%s series B 1968—* 'Champion Paper & Fibre deb 3s 1965 , Chicafau jcJurnngton 77 Y4 ♦81 YB Jan-July Central New York Power 3s'1974.'— Central Pacific Ry Co— ■t 76 May • 3Y4s mtge & coll Delaware « ♦ 1 High ; i-6s 1st „ Jan Low 106 April-Oat Pennsylvania Division-A ♦ 108 10234 104 Ya • . LJJan-July A Year 1930 No. June-Dec 1965 4s extended CoUaterc1 ' 105 'A 105 'A — June-Dec 1995 4%s series Range for Sold 101 Ya 101 Ya -jan-Jkuly 1.June-Dec 1978:—.. Delaware Lackawanna & Western ,REji Co— New- York Lackawanna &; Western Div { First and reiund M 5s series C" 19732. Afay-Nov AIncotne mortgage due -1993.— r _• May Morris 85 Essex: division 93 Y4 .. —April-Ocf mortgage 4Y2s series B Jan 1 2020 Central RR Co of N J— - • • Bonds High r ' " 2%s debentures Delaware & Hudson ,( 97 Ya- 106 Ya % Co & 1st U P first gold 4s Central o{ Georgia Ry— ■ First mortgage series A Jpurst aaortgagp-.^s- 1978U-^—.---i— "Daytoh Union Ry 3Y4s series B 1965 101 101 ___Mar-Sepf 1981 Celanese Corp 3s debentures 1965— Celotex Corp 3'As debentures 1960 3Y4s debentures (1947 issue) 1960 §ACentrai Branch 107 104Yb104% V i— Mar -Sept Carthage & Adirondack Ry—. First mortgage guaranteed 4s .* 109 Yb 109% __ I960—.——Mar-Sept Carolina Clinchfield & Ohio 4s 105 100 -1 •. — 105 104 i 1. 25 111% 111 Ya '* (perpetual) —Jan-July 'Capital Airlines, Inc— 4s debs, series A 1960 ' Ioo*/8' lUY'A 101 Ya " Guaranteed gold 4%s,: 1955 ——June-Dec Guaranteed gold 4y2s 1956 ..Feb-Aug Guaranteed gold, 4Y2s 1951——, Afar-Sept Canadian Pacific Ry— * \ — •it4V2 April-Oct 1957. /*& ♦101%-1. . __May-Nou Canada Southern ,consol gtd. 5s A 1962 Canaa.an National Ry—• Range Friday's D 1976_..-June-Dec California Oregon Power 3YaS 1974 or Bid & Asked Salo Price High C California Week's Last Period it.- -.cties B A July 19o6 5s series C Inter Rys Centiat" America Jan-July 1952..—April-Oct ... ^ '—-.oanAjuiy 1956...—, 1st 5s B Man-July 19-72 Afay-Nov 97 95 50 97 308 81% 84 32% 52 75 95% 49 50 91 91 90 Ya 90 Ya 1 iooy4 " ♦97 99% 16 75 — 93 • . 95% 100 •, r The Commercial and Financial Chronicle r . . . Monday, January 15, 1951 NEW YORK BOND RECORD RANGE FOR WEEK ENDED JANUARY Friday Interest BONDS Period New York Stock Exchange 12 Bonds Friday's or Sale Price Bid & Asked Low Range for LOW No* High 102 102 102 4: 89% 103% 3 ' K Kanawha & Mich 1st mtge 4s 1990. April-Oct Kansas City Power Ac Light 2%s 1976— ..June-Dec First mortgage 27/«s 1978— let mortgage 2%s 198d_>_«——-— *90 Stamped Plain Terminal 4%s 100% 102 103% 101% 1961 105 104 % 105 116% *40 —Jan-July 101% 1961 5s certificates ' 100 97 *176 % ■ 181% 176 ,— 102% 1% % V: ,.t ' L Lakefront Dock it RR TerminalFirst mtge sink fund 3%s ser A 1968—June-Dec Lake Shore At Mich South gold 3%s 1997—June-Dec 3%s registered 1997 Lautaro Nitrate Co Ltd— *95 • 101% 96 —JUne-Dec - 100 94 At ref 5s First & ref stamped 5s stamped First At ref 5s 1954 stamped 1974—- Lehigh Valley Harbor Term 16 84 93 13 907/b 99% 100 96 96 5 94 *25 * ^88 101 94% 81% 85% 90% - 737/e 90% 27 67 V 87% 1 69% 85% 86% 86 85 % 85% i85% 88 First mortgage 5s extended to Little Miami ALombard general 4s Electric 7s Lorillard (P) series series A 1952 5s Co debentures 1951 First & refund mtge 3%s First Ac refund mtge 2%s First At refund mtge 3%s 1963— IN Y Susquehanna & Western Kit— V . 36% 68% 71% 87% 88 87% General mortgage 2%s 1980 Norfolk Southern Ry Co— 75%' 16 55% 77 82% 82% 83% 10 62% 82% 62% 60 62% 126 33% 61 May May 72 ' , *121 — . -3 — 2 Northern Lias & Sag 61 105% 89% 100% '105 .3105 "VV *91 „ — >. 79% Northern "*99 '*2 107 '"••••• • 103% 927/8 95% mortgage 3%s 96 — V, ;_Mar-Sep£ 1940 Prior lien 5s series 40-year 4s series B 94 y8 June-Dec ; Jan-July Jan-July Jan-July 1962 — *99%, 100% — 1965 102% 101% 92 92 33 64% 64 65 180 95% 95 96 44 3 100% 100 4. 63! H ser 1980 84% 74 75 94% 94 94' 103 * 105 > 105 451 - 90% 72% 66 % 65% 125 663 93% 63% 92% 307 94 942 40 106% 303 %sf 2000——June-Dec Construction mortgage 5s series A 1955—May-Nou' Construction mtge 4%s series B 1955— May-Nou Mountain States Tel & Tel 2%s 1986 May-Nov 3%s debentures 1978 70 69 *102% 70 5 63% 92% 56 69 4 93% *5 99% 53 v series B 105 102 % New Jersey Bell Telephone 3%s 1988 New Jersey Junction RR gtd first 4s Power At New Orleans Great Orleans At Light 3s Nor 5s A 1974 1983 Northeastern RR— 97% 93 102% 102% 15 Refunding 1 & New Orleans JNew Orleans impt Term Texas AFirst* 5s series ACertificates 4%s first B of At series gtd 4s Mexico 1954 A ■*' 103% 1037/8 *100 102 8 y. — — 103' 113% 113% 103% 1037/8 Jan-July 1986_Feb-Aug Mar-Sept Jan-July *85 101% 101% see page 27 19 100% 103 72% 71% G *57 16 74 104 106 J/a 9812 101% .18 41 58% 32 32 32 10 22 25 25 26 50 13% *70 82 64 62% 101 101 64 . 101 % ■ — -- — 101% 102% 2 vy - 99% 102% 1017/s S7 • 108% -120 10 133% 114 117 -107 109 .. *106% 106% ' lOlT's 118 lXo'/B 1^6% ♦117% 107% 104 — *100% 100% . 81 103% 104% 8 *104% 105 % 24 100 % "71*18 *106% 107 % __ 1. — ■111% 112% 100 V* 113 !4 57 •' 99 ♦105 70% 71% 68% 5 95% 20 100% 100% 101% Vll 105 104% 105% QS 95 ' : 100 100% .68 80 U7% -66 \iT *r. 105% 103 100%-103% 14 "101% 102% 99 -99% *101% 102- ii.-'-; 100% 100 •> 100 % 101% : r,; . 96% 100 V* 401,. 45 *100% 101% 101% 107% 73 131 68% 71% 99% *100% 101% — -^100% 102% 103% 406% i- r. 100% 100%- i „*» ■y yjf.it.:-—a:. 99% iod%' VV«3 '" ■ • -99*2 102%. 2*2 403 V ^ 102% ^ 17 102% 102% ;'V- • ■'.) v v'5 i 103% 103% 2 106% 106% vl 104% 104% 16 V ,102- 104% 105 107% .x\ 1987 debentures 1978— debentures 1983——_—; 104 % 103 102 101% 102% 101 106 104% 105 34 102% 103% 106% 99% 102V2 105 - __ 18 1011% 17 103% 101% 104% 106'/2 105% 105 % 104% 104% 105% __ 105% 101 *103 105% 106% - "9 104% 5 103% 105% 103% 103% 25 102 Vs 103% 997/a 6 98% 101% 102% 103 105% 105% 21 100% 103% 21 104% 106% 106 107% 99% *106% 107% *104% 105% 104% 106% 102% 101% 101% 103% 103% 103% 104 % *101' 103% 81% 1960__April-Oct 65 81% 81% 1 102 '101% 104% 102 *102 102 103 V* 102% 105% 112 115 104 103% 104 % 174 90 103 1037/8 103% 103% 21 91 102% %s series A *1965. series B 1968 General 5s series B 1981— 1974 First At refunding First & refunding First At refunding First & refunding , 103% 104% 13 76% 80% 44 52 45 V 59 14% 102% 104% *116% 102 101% 101 % 102 101% 102 101% 102 101% *103 2%s conv debs 1975 v May-Nov 113% 102 118% 111 104% 100% 104% 100% 103% 4 100% 103% 102% 104% 7 *110% 102 76% 40 104 8 10 % ^ 90 14 103% *10 1978.^ 112% 101 —June-Dec Ry 107 107% *102 Feb-Aug refunding 27/sS 99 110 — June-Dec —May-Noo May-Noo 1971 1967. 1974 1981— 9 110% 110% Jan-July 1977 90% 78% 40 1st sink fund 4s 1937—Jan-July tACertificates of depeosit -I Phillips Petroleum 2%s debentures 1964 Feb-Aug & §APhilippine , 2%s 2%s 2%s 2%s 90% 80% .Feb-Aug — General gold 4%s series C Philadelphia Electric Co— 104 % 99% •14 99% First 99 103% 112% 113% 102 % 104% 99 113% 60 • . 103% 100% Feb-Aug —June-Dec 29 106 101% 103% April-Oct L 1960 107% 108% — 100% 106 104% 107 112% 113% 107% 119% 8 102% 103% 107% 106 1 102% 102% 106% 18 113 4 5s General 4%s.series D 104% 104 102 106% 104% 105 April-Oct General mortgage 4%s series E 1984 Jan-July General mortgage 3%s series F 1985 Jan-July Peoria & Eastern first 4s external 1960 April-Oct * A'lPfcome* 4S April 1990.'.z.i——April Pere Marquette Ry 3%s series D 1980——Mar-Sept Philadelphia Baltimore At Wash RR Co— J 106 — 103% June-Dec General 105 — .103% 105 ....Mar-Sept \ *104% 105 - __ 1952—May-Nov Pennsylvania Glass Sand 3V2S I960.! Juue-Dtc 106% 113% 95 104% 102% 1986 Pennsylvania-Central Airlines— A3%s convertible inc debs Sept 1 103% 104 P-— 6% 102% 11 101% 112% 114 % 298 104% 13 12 103% 114% ' • For footnotes 5 101 % 26 .April-Oct ——__..April-Oct —Mar-Sept debentures debentures ; *Pennsylvania Co—"Guaranteed 4s series E trust ctfs .1. 102 102% 9% 1% 105% 105% 99% 3VbS 97 103 *102% 104 % Ry— j debentures 1985—_Jur.e-Dee 3%s ■ *104% 105% 1952—Jan-July —April-Oct 104% "5 ; Pacific Western Oil 3%s'debentures 1964i_June-Dec Paducah At Illinois 1st s f gold 4V2s 1955—Jan-July 99% 1 *106% 107% deposit—. 101 y« 418 105% 5 *104 % 104% Jan-July refunding refunding V 2%s 3%s 102% 63% 100% *104% 105% 103^ Mar-Sept 1953 & First & • ♦ 74 r, y 3%s series I 1966—__June-Dec 3s series J 1970..——June-Dec 3s series K 1971——June-Dec 3s series L 1974—June-Dec 3s series M 1979. ..June^Dec 3s series N 1977——..June-Dec 2%s series P 1981_.__Juue-Dec 27/sS series Q 1980.—June-Dec 3 Ves series R 1982^..-June-Dec 3s series S 1983——June-Dec 2%^ series T 1976.—-June-Dec Pacific Tel & Tel 2%s 104 104% - ♦104 V# 105'/2 May-Nov April-Oct refunding & & General *95 ——May-Nov 1961— 10 668 5% 11 o m :i*l04fyiO4%": Pennsylvania Power & Light Co— V First mortgage 3s 1975..—— Pennsylvania RR— 1 Consolidated sinking fund 4 V2s "—June-Dec- 1974 New First First & First & 66% 94%-".' refunding refunding refunding refunding refunding refunding refunding refunding First 111 75%'^ 96% 72 96% *104% — —June-Dec 1975 & Electric 2%s First & First 69 99% 63% "95% *— r, 95 93 95 33% & First & 111; N 1982—— 63% —Mar-Sept —r first mortgage 3s mortgage 2%s First & " 93 %'111 % 102% „ *101% 102% 63% —April-Oct 4%s 1979 3s 19841—' First & 4 ' ' guaranteed 78% 40% P .90% ' debentures mortgage 1974>_____Mar-'8ept :; —April-Oct mortgage 2%s 1980— May-Nov y First 110% 68 107% debentures 2047—4 Jan"'l ''Y' 111 396 105 3s 62 650 101 103% 95% 104% 92% 105 3s 541 , 95 106% 106% debentures.-1967 78% 66% 102% 102%" - 100% l106% 106% Naugatuck RR first gold 4s 1954_i New England Tel & Tel Co— , " '.'.First mortgage 3s 1979—: June-Due 1st mortgage 2%s 1980— May-Nov Oregon-Washington RR 3s series A I960—April-Ocl V - 4 94 94 April-Oct refunding 5s Nashville Chattanooga At St LouisFirst mortgage 3s series B 1986— —Feb-Aug National Dairy Products 2%s debs 1970—June-Dec 3s debentures 1970 June-Dec Nat'l Distillers Products 3%s debs 1974—April-Oct National Steel Corp first mtge 3s 1965—April-Oct National Supply 2¥4s 76 . v \ 77% ..96% 13 94% 106% gold 5s V.. 5 - 66 100% 92 ' 45% 43 105 Malone Quar-Jan _Quar-Feb 1977— 71 78 :100% series I 1981— Feb-Aug first gtd 4s 1991——Mar-Sept Monongahela Ry 3%s series B 1966 Feb-Aug Morrelel (John) & Co. 3s debentures 1958 May-Nov Morris & Essex first gtd,3 AFirst and 85 86% 65 78'A 1975—Feb-Aug ' 106% 1949_„May-Nov 79% -73% "'100 86% Quar-Jaa 103% 15 — 105 A 68% 106% *101% 92% 94 13 104 105% 55% 106% 1975 §AConvertible gold 5%s series 3s debentures Oklahoma. Gas 102 - *104% 105 106% AFirst and refund 1st " A lien Edison First 103 V 78%. .94 j 109% *105% 106% 72% 74 Mar-Sept refunding 5s sries F 1977—_Mar-Sept refunding 5s series G 1978—May-Nou and 100% 94% Feb-Aug 4s " 106% 1967—April-Oct refunding 5s series 997—4 Pacific Gas it Electric Co— 1971—-May 1991—May 1962 ^Missouri Pacific RR Co— AFirst and Ohio y 4%s series D 1978 ACum adjustment 5s ser A Jan AGeneral \iil mdm t 108%, 108% —April-Oct April-Oct Prior lien AFirst and '''V/,': 106% 107% *101% 101% RR— A 104%^ mtm * 1967——Jan-July 1967 At Saulte St Marie— First mortgage 4%s inc series A Jan AGeneral mortgage 4s inc ser A Jan Missouri Kansas & Texas first 4s 1990 :2%s *100 - 100 ~4 99% 78 Ifr 102% 102% 100% 95% 100% 99% 101 % Northwesfern Bell Telephone— 101% 102% - , J registered First 95% 99% ',£.5 *107 4s • 72 50 :'K:1 f: 81 99% 88% 1 5 103% 103% 103 % —May-Nov Minn St Paul Missouri-Kansas-Texas :: 62 100% 100% 102% 102% — 102% 68 88% 1 ' 96% .*57 ' 101% 13 .v.. 95% 90 -99% 5 77% - ' - 100% *99 78 " 98% 98% 1969:..—__Mar-Sept 3%s Sinking fund debentures tSAMidlahd of N J first ext 5s Minnesota Mining & Mtg 2%s 101 29 70 100 A *101% convertible inc 2014-April-Ocf gold 4s 1996—April-Oct St ref 5s 1974—Mar-Sept 5s * - *102 >102% 79% -80% M 80% mtge Quar-Feb 2047__Jan-Juiy Refunding & improve 5s series C 2047—-Jan-July : Refunding & improve 5s series D 2047.—Jan-July Collateral trust 4%s 1975— Mur-Sept Northern-States' Power Co— • VVVV.yv-;.;' (Minnesota) first mortgage 2%s 1974.—Feb-Aug FJrfjt mortgage 2%s *1975 —i —.April-Oct ' First mortgage 3s 1978 — Jan-July First mortgage 2%s 1979————Feb-Aug (Wisconsin) lirst mortgage 2%s 1977—April-Oct * 5" — April-Oct 3s registered 2047————. Refunding & improve 4'/2S ser A *■; . , Jau-JUIy Michigan Cons Gasr first mtge 3%s 1969—Mar-Sept First mortgage 2%s 1969———; ;_Mar-Sept First "97 33 997/s 95% 85 % Pacific Ryr— General 109 101'A 107 v *101% 102% ___April-Oct 4. 66 104 99% Central general lien Prior • 91% 104% 20 92% 107 • 48 Feb-Aug 3%s 1951 52 100 93% General & refunding 4%s ser A 1974—Mar-Sept v 105% 102% ' First gold 3%s 1952_.„ Refunding At impt 4%s series C 1979 Jersey "AGeneral Si Co r 5 1 100 it Norfolk At Western Ry first 102% 11 3400% 90% 01% , New - 105% 101% 100 1 91% Lines) 4s 1959——May-Nov May Dept-StorCs 2%s debentures 1972 Jan-July Mead Corp first mortgage 3s 1966— -June-Dec Metropolitan Edison first' mtge 2%s 1974—May-Non First mortgage 2%s 1980— First : 4s 100% First mortgage & con 4s series B 1954.—June-Dec & ! 123% ~~i 102%'102% Manati Sugar 4s sinking fund Feb 1 1957—May-NPu -Manila RR (Southern Mohawk ■ 102% ■' . AFirst "71% 101% 50 :: ■y-y Michigan Bell Telephone Co— 3%s debentures 1968_i— Michigan Central— ;V* 67% 95 §AGeneral 121 "2 II '101% 2%s debentures 1972 May-Nov Maine Central RR 4%s series A I960—-June-Dec Jack 74% • .. *103% Mi 102% 2003 yyy, y■ Macy (R H) * 101A-101A April-Oct April-Oct ser H 2003——April-Oct St Louis Div second gold 3s 1980 -Mar-Sept Atl Knox At Cincinnati Div 4s 1955— May-Nov Louisvill^ Gas ii Elec 1st mtge 23As 1979—May-Noo * ; — F 2003 G 66% 1937——.———Jon-July : 5s 40 75 April-Oct ser refunding $ AFirst 27 75% —Feb-Aug ser 69 % 105% Gas 2%s & first 3%s 27 50% May-Nou June-Dec debenture'1963 Louisville At Nashville RR— 52 1977—Jan-July —Jan-July Electric Y Steam Corp 69% 28 Feb-Aug 3s 69% 101% AGeneral 72% 71% April-Oct April-Oct (1962)— 62 68% May-Nov 68% 70% May Lexington & Eastern Ry first 5s 1965 Liggett Myers Tobacco 5s 1951 51% Chester— 71% 71% May-Nov May-Nov 1979 1 70 . gold 4%s 1937 ———Feb-Aug gold 5s 1940— Feb-Aug * SATerminal first gold 5s 1943 ———May-Nov N Y Telephone 2%s series D 1982——Jan-July Refunding mortgage S'/bS series E 1978._Feb-Aug Refunding mortgage 3s series F 1981 -J&n-july Niagara Mohawk Power Corp— General mortgage 2%s 1980——. ——Jan-July May-Nov Lehigh Valley Terminal Ry— 68% 66 8% N 91 52% 103% 103% SASecond contingent interest 2003contingent interest 2003 5s Port "70 '-.VV' ...y ^ • vr .;Vi 88 % 118 4% ' SerieS'A 4s fixed interest 2003 Series B 4%s fixed interest 2003 Series C 5s fixed interest 2003. Series yd 4s contingent interest 2003 Series E 4V2S F ■ 79% -6418 > 17 5% N Y State Feb-Aug 73% 58% 257 86% 69 % 10% y 55 298 87% 92% 4s 1955———— — June-Dec N Y Power & Light first mtge 2%s 1975_Mar-Sept N Y & Putnam first consol gtd 4s 1993—April-Oct ; General consolidated mortgage bonds— Series •' ; mortgage 4s 1954 First 97% 99% 104% 101 % 69 JAN Y Ontario & West ref 4s June 1992—Mar-Sept *100% 1974—Jan-July mortgage 4Vis extended to ' •; River & Harlem 100% 100 502 74 89%- 69 % refunding mtge 4s ser A 2007—Jan-July mtge eonv inc 4%s series A 2022—May First & 101% 66 AGeneral * 100% 971# 79% " *81 —May-Nov 1973— t-V Y New Haven & Hartford RR— N ■; Ry— First mortgage 5s extended to 1984— Lehigh Valley RR— 69 % ' Feb-Aug Lehigh Valley RailwayFirst 96 96% ! 96% Feb-Aug Feb-Aug 1964—— 92% mortgage Shore 4%s series B 86% *•? mortgage income reg 1975 June-Dec Lehigh COal & Navigation Co— Sinking fund mortgage 3%s ser A 1970-April-Oct Lehigh Valley Coal Co— First Jlan-July );Vr'"vi. ' 13 - AFirst , 3%s 1997 -ycs'l'-. 101 71% * 105% % 103% .103% 1959-1- .Mar-Sept ' 73% 3%s registered 1998 — _Feb-Aug Michigan Cent collateral gold 3%s 1998_Feb-Aug ! 3%s registered 1998 —: Feb-Aug New York Chicago & St Louis— Refunding mortgage 3%s series E 1980—June-Dec First mortgage 3s series F 1986.— April-Oct N Y Connecting RR 2%s series B 1975—.April-Oct N Y Dock first gold 4s 1951 ——Feb-Any NY & Harlem ' gold 3%s 2000— -May-Nov Mortgage 4s series A 2043. —.—Jan-July V Mortgage 4s series B 2043-—— —Jan-July N Y Lack & West 4s series A 1973 May-Nov " 40 27 100% — 116 103% -97% 5 registered 1977—Jan-Jifty collateral gold 3%s 1998—Feb-Aug 3 %s " 22 " 76% General 4 ,73 102% 102% 84 Lake ' High 99 V* 50 V 100% 100% — 85% 105% 114% % 5# *100% —Jan-July 4%s unguaranteed 1961 Jan-July Kings County Elec Lt & Power 6s 1997— ,..April-Oct Koppers Co 1st mortgage 3s 1964..— _April-Oct JAKreuger At Toll 102 77% 103% Low No. 100% 100% 100" 100% ;——-—Feb-Aug 2013.—April-Oct Consolidated 4s series A 1998 106 103% Year 1950 102% 102 Refunding At impt 5s series C 2013——April-Oct N Y Central it Hudson River RR— 101 7 . — 116% 116 Jan-July 1961 103% 35 104% 104% *100%, Range for Sold RR Co— Refunding & impt 4%* series A 102 Bonds High 100% C of •' -June-Dec Range Friday's Ry—(Cont)— 1956—— Feb-Aup deposit AFirst 4%s series D 1956 —Feb-Aug ACertificates of deposit AFirst 5%s series A 1954———-April-Oct ACertificates of deposit—— —— sehes ACertificates New York Central 84% -June-Dec Kansas City Southern Ry 4s ser A 1975—-April-Oct First mortgage 3%s series B 1968 -June-Dec Kansas City Terminal Ry 2%s 1974 _April-Oct Kentucky Central 1st mtge 4s 1987 —Jan-July Kentucky At Indiana 82% 102 or Bid A Asked Low 85% 70 29 87'/a Sale Price High AFirst 5s 86 Last Period New York Stock Exchange Year 1950 Sold Interest bonds New Orleans Texas At Mexico Jamestown Franklin it Clear first 4s 1959-Jane-Dec Jersey Central Power & Light 2%s 1976—Mar-Sept Wwk'« FHd.y Week's Range East ' - - • -- - pit.tshcrh & T.sko Erip 27/rS 1996_June-Dec *101% 99 101% Volume 173 Number 4977 .The Commercial and Financial Chronicle . (223) NEW YORK BOND RECORD RANGE * • BONDS Interest New York Stock Exchange Pittsburgh Cincinnati Chic Louis F ser 1953 June-Dec J ser General mortgage 5s series A 1970_ mtge First mortgage 4%s series First mortgage 4y2s series Pittsburgh Youngstown 1958 April-Oct : 93 . 1959 1960 1983 Public Sendee Electric •& Gas 3s debentures 1963 & New First and refund M 111% First and refund 81 91% 103 , 6 102% 103 % 5 100% 102% RR Adjustment 2 92 96% Tol 9514 5 91% 96 y4 94% 95y2 24 90% 108 „ June-Dec __ Ohio Cent ref . __ ■ 3s ->ioi ' " 102 *108% *104 105 — — 100% ■ 101% 100% 3s debentures 108 104 ""99 110 -Union 105% Union __ — 1*964 __ % Oil Pacific 2%s 100 99 103'4 103% __ *106% 8 105% 109% " 150 152% 218 3 *218% __ 102% 105'/a „ 152% 152% __ , 225 105% II 103% Jan June-Dec 103y2 103% 12 102'/a < of 94% 94 April-Oct 1-969 Saguenay Power 3s1 series A 1971 St. Lawrence & AdirondTc 1st gold 5s v Second gold St 100% 94% 104 26 102% 84% 1 104 St 103% mortgage 4s series ASecond St A 1968 i *77% mtge inc 4%s scries ;A Jan 105% 2%s debs 1970 debentures Corp __Jan-July 2022—_May 101% v > 83% i-AGeneral t.lst mtge series A 1980 •-*. 3s(series B Jan 106 debentures Shell Union Oil - 19G5 95% 93% 98 1963 ; 1985-——__i: J__ A Power _Jari-July Feb-Awg 105% 15 - 122 v 99% 106 v 98 26 — : 75% 99 104% 100% 97% 41 Z and general 4s series A 122 107% 102 - 105 92 87% 101 125% 327 100% 123% 3 100% 103 %, 97 97 1 90% 91 5 Jan-July *94% 99 123 Bell Tel Jan-July 2%s debs 1985 3%s debentures 1983 ASpokane Internatl first Standard Oil (N J) 2%s debentures Sunray Oil Corp. Swift & 2%s April-Oct 100% May-Nov gold debentures 4%s Co 2% s debentures debentures 1973 83 102% 67 106% 104 Va 103% 107% 105 107% 109 *103 107 ya 103% 105 105% 102% 104 100 104 y8 Mar-Sept B 101%* 101% 101% Jan-July 104'/a 104 '/a April-Oct 1995 95% 95'/a 99 99% 1973_April-Oct C ser *104 94 88 95% May-Nov mtge 3%s 104% 1966„__Jan-July 104% ,-v income series A series Jan B 1981 Jan Co debentures conv 86 1991___April registered 2361 first Wilson ' mortgage & Co 3y4s series D 1967 . ; .^Wisconsin- Central Ry— §-AFirst general 4s 1949— A Certificates of deposit § ASu •& Du div and A Certificates Wisconsin of Electric term Power 68 Va 63 52 102'% 17 101 — 100% 10 115'/4 101% ~5 105 104 1 102 101% 103% 1 103% 103% 113 115% f *101% 102% '113 '/a 113'% 86% 85% 135 69 73 77'/a 71 537 40 70 40% : 70 88% 66% v.—c* 64% -98% 100% — 99% June-Dec 15 99% 102% Jan-July Light & Power 2%s 1976_Jan-July II *106 *97 102% 105% 2_Mflr-Sept 1971— 102 y» 105 533 104% 164% , 111 103 85 101 *„ 10444 105% 101% 25 101 68 V* 104 Va 94 109% 110% - 70% 101% 103% 107'/a 109% 110% ' 2%s 4976 56 102% 103% 107'% deposit First mortgage 2%s 1979 Wisconsin Public Service 3'/*s 107% % 79 102 103'/2 Jan-July Aprils Oct Jan-July 106% 105 y* 70% *105% 106 —Jan-July Jan-July 1936—May-Nov first 4s 104 % 11 66'% , 102" debentures first mortgage 3s 1958J S B first 4s 1960—2 104% 106% ~ 68% 68 Mar-Sept y 106 ya 105% 106% 106 y2 _Apr-Ocf Winston-8alem 105 57 101 104 *105 69 2014_„___May " 50 101 *104 ; 106y2 mortgage 4s 1952_April-Oct • 3 164 '/4 104% 104Va. Mar-Sepf 1973_1___'__Jan-July Wheeling & Lake Erie RR 2%s A 1992_—-Mar-Sept Wireeling Steel 3'/*s series C 1970——Mar-Sept convertible 57% *101 J an-July — 3 57% RR 85 97% 101% 95 V* 87% 2 95% 85 73 11 94 V* 1976—May-Nov 73% 5 86 102% 102'% Feb-Nov 3'/4s 86 85% April 107% Yonkers Electric 100% 98 81 90 98% 26 102 107 '/a 11 104 109 1 100 108 Included in the year's 100% 103% not included 106% 107 the {Companies reported as being in bankruptcy, receivership, or reorganized under Section 77 Bankruptcy Act, or securities assumed by such companies. ♦Friday's bid and asked prices; no sales being transacted during current week. 108% 108% 100% 101 11 65 ~6 40 96% 36 96 98% 101% 102% 30 101% 102% 100 104% ABonds UThese 102 102% 103% delivery in here is a sale included not range, the in n Under-the-rule year's sale not range, d Ex-interest, e included in the year's Odd-lot range, r sale not Cash sal* the §Negotiability 103% 99% 102% 100% 100% *103 Deferred a 63 96% *98 J an-July May-Nov year's xange. y Ex-coupon. impaired by maturity. selling flat. issues were : _ or , previously combination of all sales : . listed on both the on Curb Exchange. The 1950 year s range shown Exchanges. NEW YORK CURB EXCHANGE WEEKLY In the following extended list furnish we AND YEARLY RECORD complete record of the transactions on New York Curb Exchange for the week beginning Saturday, Jan. 6 ending the current Friday, Jan. 12. It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether or bond, in which any dealings have occurred during the current year. ■' j and a stock range for week ended january Friday STOCKS New York Curb Range of Prices Par ABC Vending Corp ACF-Brill Acme Acme Motors Aluminum Wire Co Aero l ; Low , Sales High Low 8% 8% 4,500 2 2% 200 1 July 2% Dec 6% 5% 6% 4,700 3 Jan 5% Dec 31% 30% 31% 350 21 Jan 4% 4% -4% 900 Agnew Surpass Shoe Stores For footnotes i commonj (N J) -see page 31. 3% July of Prices 11 31 May Nov Par Air-Way Electric 3% 3% ' 4 13,900 1% Jan 5% 3% Jan Dec 10'/a Airfleets Inc —1 6% Alabama Great Southern ._50 Alabama Power 4.20% \ — — Alaska Airlines Fisher & — Allied International Products 10% 10% 11% 2,500 9% Dec 14 Ya May Altes Brewing 14% 14 14% 2,800 7% Jan 14 Aitofer Dec Bros preferred Inc Co common Shares common a 1 High 12 5% Apr Oct 60 80 Jan 101% Not 35 96% Oct 103% AUg 3,300 6% 7,200 102'/a 102 % 7% Jan 4'% July 4% 5% 15,500 4% 22 __ 4% • — . 4% 23 200 650 % 4% 1,300 7% 7% 250 4 3% Nov 5'/8 Mar 5% 5% 1 5 Range for year 1950 low 10% —1 Investing Corp. (Mich) 9% 57 Sales for Week High 99 Va 100 .100 —1 common Allied • 5 Appliance Low —3 Alles — Air Associates Inc 7% July Range Sale Price High 8% l Week's Last New York Curb Exchange year 1950 i Inc__ Manufacturing Range for 10 common— Supply Manufacturing Ainsworth Friday STOCKS Shares l Alloys 12 for Week 2 warrants... Adam Hat Stores Week's Last Sale Price Exchange , 94% 101 102% 92% 123% 65 102% * 98 % 96% 111 ■:-~7 *106% —Jan-July 1972 99 100 89 98% 96% 1974 96% 97% 97% 97% 87% 93 123 98 2013—April 2%s 1971—May-Nov 2%s debentures 97% 98 ■=•94% 105% 106'% 108% 109 Devel and general 6s series A 1956 ApriZ-Oct Devel and general 6%s series A 1956——ApriZ-Oct Memphis Div first gold 5s 1996 Southwestern 97% -.97% 100% Western Union Telegraph Co— 30-year 5s 1960_„ T 102% 10Q Jan-July 98% 102% *103% 104% mortgage 3%s series B 1971 2.65s 97% 99% -li 123% 124 102% 102% Jan-July 1956——-April-Oct 1031/9 100% *10114 101% First Devel 97 y4 93% 101 *103 Westinghouse Electric Corp—• 2%s debentures 1971 1 68'/2 103 % 123 99% 100% Jan-July 105 63 1979—June-Dec mtge 4%s-4s series A 1969 Western Pacific 4'%s income A Jan 99% 97'/a - mortgage 2%s series E 1986_ First mortgage 2%s series F 1996 First mortgage 2%s series G 1961 Southern Ry first consol gold 5S 1994 101 7 103% 1578—Mar-Sept Gen , 99% , 106 100 '/a 161 123% 101 % 96% 103% 105 Ya 101 y2 1975—Mar-Sept Co— 4s Western Maryland 102% 102% 105 474 84% __ 103% 165% 100 96 110% 100% 102% __ __ 102% West Penn Electric 3'/2S 1974 ___May-Nou Penn Power 3'/2s series I 1966_—_ja?i-July West Shore first 4s guaranteed 2361— 4s 100% 98% 100 *85'% Maw-Nov 108% 101% 103% 104 96% Jan-July '96%' 103% 11 ref mtge income 4'/4s First 105% 105% *102% convertible -debentures 1960 Apr-Oct San Fran Term 1st mtge 3%s ser A 1975_June-Bec . 103% West 127% 101 2 *100'% 101'%: ———May-Nov RR Co— 117% v 1977__—Mar-Sept 3s 101 % Co— 1958 series 3s and RR Warren 102% 5 *43 97% ^an-july 19Slij.„_— 5 97% *123% ——_jan-July Southern Pacific Co—. First 4%s ^Oregon Lines) Gold 4%s 1969-— hoi 42% 98 April-Ocf Telegraph Co— — Southern Pacific 334 *101% 101% June-Hec 5s 99 Ya 100 — *101% 102% — first ref gtd gold 3'/2s 2O00___Feb-Auy Washington Terminal 23%s series A 1970___Feb-Aug Westchester Lighting gen mtge 3'/2s 1967—Jan-July General mortgage 3s guaranteed 1979—May-Nov 84% 126% 95% 98 2%s. debentures 4%S 1 — 97% 2%s. debentures ,debenMares.vi987 Southern.Indiana Ry, 2%s l994_ . 55 104 % *126% 2016——May ■ 2%(s Gold 500 103 gtd 69'% 32% 92 — *102% * - __ April-Oct mtge Walworth 103% 101 Southern Bell "Telephone 3s debentures 1979^— r 102 105% | *102 South 4i North Ala TtR / 90 *104 1971^^-April-Oct :'?SASilesian-Amer Corp coll trust 7s 1941 -Feb-Aug 4;Skelly Oil 2%s debentures 1965— —'3an-July .Socony-Vacuum Oil 2%s 1976_._. i. 185 14 lien First 104% ^Seagram <Jos Ej vfc Sons 2%s -1966——June-Dec •r'r 3s 52 21% of America— Gen 101% 106 May-Nov . 103% 77 500 *108% 109% *101 ■ consol Gen 98% 121% 121'% 1974—__June-Dec . 31 % W 80 *105 Co—■ mtge 137 106 190% ' 65% *99 % gtd 4s 'series A 1955—Feb-Aug sinking fund series B 1957 May-Nov Wabash 75 71 85'% First 104% 65 100% 101% 84% 1989—May-N-ov Air Line RR 102 % 100 U —_ debs conv Virginian Ry 107% 102 80 Va __ 101% 101% certificates 1989 ——__May-Ncp : --Second 4s.inaBond certificates Nov; 1989_Jan-July St Paul & Duhith first cons gold 4s 19C8_Ju»»e-Dec *6t Paul Union L>epot 3%s' B 1671 -...-April-Oct Scioto V & New England 1st gtd 4s '.. 102 96% 128% „ *99% 101% June-Dec Virginia & Southwest first gtd 5s 2003 bond -Seaboard 97% f 1 11 ' 29% RR—. First consolidated 5s __ *73% 1955—Jan-July Louis-Southwestern Ry—'- -; First 4s * 105 106% 13 2 129 103 104 ■' s._ -63% __ May-Nov First and refund mtge 2%s ser E First and refund mtge 3s series F First and refund mtge 2%s ser G 1st & ref mtge 2%s ser H 1980 96 105% *104% 1997 102% *102% 30 1976 Feb-Aug Refunding mortgage 2V2& series C 1991—Mar-Sept Biscuit Co of America 2%s 1966—April-Oct United Gas Corp 2%s 1970 Jan-July U S Rubber 2%s debentures 1976 May-Nov 2%s debentures 1967 April-Oct Universal Pictures 3%s debentures 1959 Mar-Sept Consol — *106% April-Oct Louis-San Francisco Ry Co— .1st *121% Mar-Sept Mar-Sepf 1996—Jan-July 6s-19961—— Louis Rocky Mt & P 5s stamped ! 63% impt 3%s I960—June-Dec 27/as debs 1961 Mar-Sept California Vandalia RR R 1977—Mar-Sept J ■ 14 105 % "100% 101 % 1995—May-Nov 1973 mortgage 3%s series 119 Va \ i —— 104% 104% „ Jan-July April-Oct 1960 -• i-iGeneral V 106% ">104 __ Jan-July Rochester Gas & Electric Corp— General -mortgage 4%s series D High > United Muy-Noc debs 104% 1971 May-Nov mortgage and coll trust 2%s 1975_ApriZ-Oct First 99% Virginia Electric & Tobacco 5s 102 Union Electric Co of Missouri 3%s *l01'/a __ May-Nov & ref.3%s series D Low 111% „ __ Mar-Sept _ m Reynolds <R J) 104 102% 102% and Corp 128 *137 1985—Jan-July ... „ 3%s Reading Co first 102% June-Dec , Co— debentures Year 1950 NO. 104% 105 96 »/4 & Vanadium 2%s L Orleans income Tri-Continental 128 *— -- 1970_ApriZ-Oct 1990_Aprii*Oct 3%s 1974 {Third Ave Ry; first refunding 4s 1960 96 Feb-Aug June-Dec refunding mortgage 2%s 1979_June-Dec Oats New of 95% 95% First and refunding mortgage 3%s 1968—Jan-July First and refunding mortgage 5s' 2037—Jan-July First and refunding mortgage 8s 2037—June-Dec First and refunding mortgage 3s 1972—May-Nov First and Quaker 3J/4s series B & Term iv _ April-Oct May-Nov 3%s series C Pacific first'gold 5s 2000 General and refund M 37/8's ser E Texas Pacific-Missouri Pacific— Texas -Jan-July 1965 M 100 102% Range for Sold RR— Orleans mva 95% __ .—Jan-July 'First 2%s 1984_— Providence Terminal 4s 1956 r,. Corp 3s debentures 100 y2 A Feb-Aug 3s Texas ri3 % 102 ,• Plttston Co 5VaS income debentures 19G4__Jaw-july Plantation Pipe Line 2%s 1970 Mar-Sept Potomac Elec Power 1st mtge-3%s 1977 mortgage mortgage Reiund and impt M 4s series C 2019 Reiund and irnpt 2%s series D 1985 103% ,105'/a my4 143% 102% 102% 96 Bonds High Ry— First First 3 Range Friday's Bid ic Asked Terminal RR Assn of St Louis— - April-Oct First general 5j3 series B 1962 general 5s series C 1974_i.— First general"4%s series D 1977—: . 93 *102 __ April-Oct C 93 __ June-Dec B Ashtabula & 107% 100 15 *111% 114 __ or Sale Price 103'/a 111 J.'110% .112% April-Oct ^ II II __ Week's Last Period Low Texas 3%s 1964—May Nov 4%s series A II Interest High 102% *113'/B Pittsburgh Consolidation Ccal— 3%s debentures 1965 —iJaa-July Pittsburgh Steel 1st mortgage 4 Vis 195&—April-Oct Pittsburgh & West Virginia Ry— First-mortgage No- Low BONDS New York Stock Exchange 106 »ll3'/a __ Friday Year 1950 108 *105% , June-Dec mortgage 5s series B 1975 General mortgage 3%s series E 1975 Pittsb Coke & Chem 1st ENDED JANUARY 12 Range for Sold *107% 1964_May-Nov General VflEEK Bonds 0V) H 0h »io3 Pittsburgh Cine Chicago & St Louis RR— - Friday's Bid & Asked ■, ser G 1957__M«g-Nov Consolidated guaranteed 4s ser H I960—JPeb-Aug Consolidated, guaranteed 4%s ser I 1963_Feb-Augr Consolidated guaranteed 4%s or Sale Price Ry— FOR Week's Range Last > Period St & Consolidated guaranteed 4s Consolidated guaranteed 4s : Friday Apr 6% Aug 4% 15% July 21% Deo Dec 6% Jan 5% Mar 8% Not 3 3% Jun Jun JANUARY 12 WEEK ENDED RANGE FOR , Sales Last Range for Week Sale Price pf Prices STOCKS Curb Exchange New York Industries Amer Air Filter 5% Book American 1% 1 —100 Cities A Co Jan 900 96% Jan 1% pfd conv Beverage common American 1 common (American Eantam Car Co class American ~9% Manufacturing Goods Aluminum 51% 103 % 104% 103% • • 15 preferred cumulative $3.75 Aluminum 9,900 24 "9% 9% 15% 1%: 1% 15% May 6 1,250 10,500 vftl%' IV* 12% 400 104% NOV 9% Dec July Get 1% Jan 1% 7/« Aug 76 Dec 15% Aug A 2,500 NOV 28 Mar Jan Apr 85 Co common. Products common. Castle (A M) & Co Catalin Corp of America Central Maine Power Co— 3.50% preferred Central Ohio Steel Products Central Power <fc Light 4% pfd Light— —,10 Co, American Hard American Laundry' Machine Rubber American Manufacturing Co com American Maracaibo 28 24% — 6% 21 1 Co ——• 25 American Meter Co American Natural Gas Co 6% American Potash & Chem class A-—• Class pfd 34% 49 • B 10 2 10c * 5 5 Republics- American American Seal-Kap common Corp common $6 series preferred Amer Superpower preferred 5% Thread American Writing Paper common American — 4% — 2 — 6% Co Inc common Anglo-Iranian Oil Co Ltd— American dep rets ord reg 1 — 6Va * * 50 Aspinook (The) Corp 16% Dec 19 y8 Dec 30 V* May Dec 37% May 35 Nov 25% July 34% Nov 27% Feb 46 V* Dec 3% Jan 12 Dec % Dec July 106 200 II Feb Mar 133 1,300 4% Jan 6% Jan 8% IV* Dec 9 7% Jan 14% Apr 3% Mar 2,600 5 July 8% Oct 380 109 Dec 113% Jun 25,300 10% 8% July 8% July 7,000 1,300 12% Oct Feb 11 Jan 116% Mar 12% 16,800 Oct July 10% 110 10 12% Sep Oct 16% 42% 100 41 Oct 12% 3,000 7% Jun 11% Dec 18% 25,500 9% Jan 14% 35 July 110 400 8 21% Feb l.bDj Dec 2IV2 Feb 200 Feb 9% Oct 4% Nov Electric Industries— American £1 dep rets reg Atlantic Coast Fisheries - Atlantic Coast Lire Co — 1 Associated Tel & Tel class A 3 50 warrants Plywood Corp 6 23 % 6% 7% 12 % Automatic Steel Products Inc Automatic Voting Machine 5 Avery (B F) & Sons common 6% preferred 25 3 Ayrshire Collieries Corp common 3% 6% — — Consolidated NOV 5,000 2% Apr 3% Jan 7% Jun 14 300 21 Nov 6% Dec 8% Jun 10% Dec 22 14 1,100 10% July Feb 17% Dec 10 Baldwin Rubber Co common Securities Corp w d Baldwin los de Banco ft Pwr Ltd Refractories (L) Beck (A S) Inc common 12 — — 6 1 16% 1 3% Canada common—25 37% 9% Shoe Corp Aircraft common Watch Co Inc 1 - Hedges common—-—.——4 Benson & Inc Bickford's — 14% 6 17 4 Jan 27% 2,200 6% July 11% Dec 10% 2.200 6% July 10% Dec 2% 49,800 11 Apr 1% Sep 25,200 63 % July 1% 2,600 16 8% 2,300 f7% 5% 4,700 5'/a 32,500 8% 12% 71% prior cumulative preferred-100 -- 84% 25 20 26% 30 5 21% 13% 4% 20% 11 % 5% 21% 14 20'A 20 V* 33% 28% 33% 29% Scrymser * Co 1 Bourjois Inc Brazilian Breeze Traction Corp Bridgeport Light & Power • 1 common Light Gas • • Co Manufacturing Co common Class 33 % • A British-American Oil 29 • Co Jun 1% Mar 500 33% Mar Oct 36% Tobacco - Oct 6% Oct 4'A Jan 8 Dec 3% 4% 1,900 3 V* Dec 5% Apr 1,950 3,300 39% 6% Jan 1.500 11% Dec 7 Apr 7% 7% 12% 12% 9% 9% 2,500 23% 2,800 18'A 12% 1,100 2% 100 18 Dec 22% 16% Jan Feb 11% Oct ft 200 9% July 13 V* Jan 30,000 3% Dec 4% Nov IV* Mar 12% Nov 77% Nov 75% July 89 18% July 3% Dec 27% NOV 5% Jan 21% Oct 5 Jan 11% Nov 23 Oct 25% Feb 17 Jan 23 Aug Feb 34% Jun 70 650 4,200 4,500 16,000 50 20 900 Jan 32 21% Apr Amer British British dep rets ord reg Columbia Class Brown B Power A • (E L) Mills Ltd class B Buckeye 3,403 1,000 6% 6% 6% 2,000 10% 20% 9% 12% 20% 11 3,700 20% • 1.60Q 300 1% Mar 8% Burd & Steel Devoe Burma Burry Ring Co Corp Amer dep rcts__ Biscuit Corp 11% American 2% Estate Sugar California 'Camden Electric Fire 22 Dec 13% May 15% July 5% Jun 20% Oct 8% Dec 11% Jan 15 V* NOV 13% 22% 4,800 13% Mar 22% Deo 8?a % 4'% 9% A 4% 1,700 5% July 9% ft 4% 25,500 11,500 6%% Canners • ■~9'/a 7% r ~* 5% 2,700 July 5% common Canadian Dredge & Dock Co Ltd 7% Industries 3 July 5% Dec 9% 68,900 7% •7% 6,500 5% Mar 5% July 8 7 9% Mar Nov 20% July A Oct 24 Mar 47 Dec 20 25% July 27 Oct • 21% Oct 22% Nov * 25 30% July Nov 25 Nov Ltd— preferred Marconi.,., Capital City Products common Capital Transit Co__ Carey Baxter & Carman Kennedy Inc__, Co 1 8% 4% * 111% Carr-Consolidated Biscuit Co 1 4% 3% 32,000 22% 150 17 Jan 26% Aug 35 % 650 32 Sep 39% Aug 8% 1,300 4% 900 8% 4% 89 75 2% Jan 7% July 2% Mar 63 Jan 9 4% 85 Jan dep rets B ord 15% 14% 31. 12% Oct % Jan 11% Jan 7% Feb ft.; ; Dec 15% 400 14% Sep 17% Mar 16% 26,500 5% Jan 15 V* __ Dec Nov 4 2% July 54% 53% 55% 8,300 30% Apr Va 1% 7,600 % Dec Dec 52 % IVa 1% 1 4 3% 4% 3,800 11 10% 11% 3,300 5% Jan 5% Apr 9% 2% ■>', 7,000 450 2% 10% 9% 11% 9 Va 11% 900 . 2% : 800 3% 3 3% 20 1% July Dec 10% Dec 9-Va Mar 12 Jun 10 Apr 3% Juiy 2% Mar 3% ft Jan 3% 2ya Aug Apr 48 Aug 68 Apr 18'A Jan 30% Dec Jun 13 jun 8 Oct 66% 30% 12 300 9 13% ' — 31% 11 31 68 14% 850 11 July 15% Feb 50 x32 Dec 36 % Jan 7,000 5Va Aug 14 34% 34% 7% 6% 7% 2,800 6% Apr 7% Sep 3% 4 Va 18,600 I % Apr 3 4 Dec 28% 20 x25% Jan 3u 28 % 1,300 8 2,600 13% 10J 12% 12% 3 4,100 Jan 3% Dec 2,o0j 20% July 26 72 Jun 12 1UJ 9% July 700 1% Apr 2 11 % July 17 Oct 8,100 3% Jan 6 Dec 35 5 4% 5 51 Oct 26% Nov 36% Dec 12% Dec 26% 29% 9,100 July 14% July 33% 200 20 % May 30% 32 35% 36% 91 S23 29% Chemical Co Ltd & 92 9% (Allen * : B) Laboratories— Rubber American Duraloy Co Test Corp 33% Nov 24 % Mar 36 V* Nov 85 Jan 98% Jun 13% Dec 21% Sep Sep 6% Oct 3% Dec 75 18,500 5% £1 1 reg Co Durham Hosiery Duro 27% Aug 250 Ltd— rets ord dep (The) July ft 4% 20,700 5 2% class B common— ~8 ft' 2,800 22 V* ' 7 7 3,300 Feb 17 July II common Apr 1,300 16% 15% 16% 10c Class A common Dunlop 35% .10 Co_ Power 14% NOV 3,200 2 17 Va 16 17 33% __ Dec 25 2%; 2 Ltd Co Jan 13% Jan 1% Oct 146 12 -1 & Coal class B 9'A Apr 14% Mar 24 2% 24 -1 A Feb ft 8% 5% July 10% July 135 2i. 21% Duval Sulphur & Potash Fuel Assn common—10 12% 11% 12% 43,000 100 25 * * 75% 69% 76% 3,450 • prior preferred 3% 13 Oct 7% Jun Dec 23% Nov Mar Eastern States $7 Corp preferred series A preferred series B. Associates— ; Common shares of beneficial lnt •ft.,-$5 pfd shares of beneficial int Easy Washing Machine class B ~3% ;~4 ft Eastern Sugar & Share Electric Bond 1 1 • 5 common. Electrographic Corp common 1 Empire District Electric 5* pfd_i__100 Empire Millwork Corp 1 Derrick Equity Corp & ft; 13% .86,%' 65% July 95 % 60% May ft 86 Dec Dec " 250 18 Jun 75 Jun 85 Jan 13% Aug 14% July 23% Mar , 27 : U% 27 14.300 13% 21% 87,100 lift 11% 3,900 6% IVa 1,200 14% 15'A 1% 31%. 8% 10'A July Feb 103 ''..i ' —— Nov Jan 4 2% July 100 19% convertible preferredEsquire Inc Eureka Corp Ltd Eureka Pipe Line common 34% 350 11% $2 Dec 73% Mar Jun July ) 21% 5 Equipment common 27 83% 62 1,100 96 94 84 11% Jun 10 24 400 2 27,600 32 400 5% 5% 300 1 1% 5% Jan Feb 12 1% Nov 29% NaV 4% 107,400 Dec ft Jan 12 Sep 20 July : ,• "-1. ' 27% Sep Aug 19% 108 Apr May 6V2 Sep 19% Mar 1% "32 % Oct Oct 6'A Aug % Dec 21 Oct 30 y8 Oct Oct 25 111% Nov 114% Jan 4% 21,030 2% July 3% Jan 3% 11 Sep 1 Va Mar 11 Sep IVa Mar 1 & Instrument & Airplane Fansteel Metallurgical Fairchlld Engine : 1 23% 23Va 8% 8% 18% 18% 2.400 24Vz 47,800 . 4% Jan 12,900 9 19% ■<? For tootnotes see page Oct Jan 15% 1 class B Fairchlld Camera £j 2s 6d rets A ord 12% Dec 111% 111% Ltd— Amer dep Amer Apr 3% 89 Carolina Power & Light $5 pfd Carreras 4% Nov 35 3% * common 160 22% 1 5 100 2.50 Co & Carnation 150% Mar 100 Canadian Jan 15% Dominion Textile Co Ltd common Emsco Canadian jun 7% 30 Apr 3% Dec ' m • ! Ltd Dec Jan 36% H Sep A July 3 * preference Canadian 4% -4Va 5 ; Canada Cement Co Ltd common May 22 Dec 1 Power 3 Jan 5% —1 Draper Corp common Driver Harris Co ' Nov 6% 21% • Insurance Mar 1 4,200 12% common Bridge Dominion Tar DuMont. ft 13% 9 1 Canada Bread Co Ltd Oct 3% May 2% Mar 13% 6% * Nov 13% 50c Calgary & Edmonton Corp Ltd Dec 6% 13 % Eastern Malleable Iron Calamba 78'A Mar 119% 8% July 1 Domestic Finance Corp class Apr 22% 12%c Products common Jun 2,900 rets ord reg 4s__. dep Dobeckmun Co 4% % Cable Electric 5% 10,700 Ltd— Co Distillers Apr 11 1,700 1 _ Feb Nov 2% 6% —10 Products & Raynolds Dominion • Sullivan Piston 14% ft Eastern Gas & Bunker Hill Sep 25% 10% : 5 Detroit Oct Jun U Dec 9% ""% -100 Detroit Jun 8% 10% 200 7% ManufacturingGray Iron Foundry 4% Jan 800 10% "7% Gasket & 28% July 36 ft -50c debenture Detroit Duke 5% Sep 10% July % July 9% .._35 Dejay Stores common Dennison Mfg class A common Jan 2% 11 ' ~~% -10c Mines Inc__ — Dayton Rubber Co class A Jan 23% 7,700 May 7Va —':' ft 1 ; Day 28% Aug 2.50 Line Pipe 50 11% 2.50 Co common Bruck 27% 4% 21% 1 common Bruce 1,800 10 junior preferred Rubber Co 21 1 2% 27% 4 20% — *| , cumulative Brown class 2% 2% 10s : Distillers Forman 7% July Ltd— Celanese Amer Jan 8 £1 £1 dep rets ord bearer dep rets ord reg Amer 4% Tobacco— American 23% 32 -2.50 Brothers Inc Davidson Dominion Steel British 1,100 Nov 8% 18 D Jan 16% 51 450 2,700 1% ' 21 % 22%' 2.50 5 Davenport Hosiery Mills NOV 1,400 "'3,450 3% 3% Nov Aug 7% ' 123% 121 3% i Nov 66% Jan 8% 22 37% Nov 9% Oct 300 14 72 7 64 1 % —5 * common. ft 5% 122% * 1Q Lighting Inc common Curtis Manufacturing Co (Mo) 13% Mar Dec 4 1,300 12 12% 70% Co common., 11 % 6 Jan 21 'A Oct 6% 2% —25c Sugar common % 8 200 '.'ft Curtis Dec Atlantic Cuban NOV 4% July 12 Petroleum Cuban Jun 5% 12% 13 Feb May 12% 400 11% 3% 17% 225 50 4 Nov Oct Apr 40% 14,200 23 receipts (ord reg)—£1 5 Croft Brewing Co 1 Crosley Motors Inc -—6 Crowley Milner & Co 1 Crown Cent Petroleum (Md) —5 Crown Cork Internat'I "A" partic * 11% Apr 10 % 25 9% 1 Dec Apr 7% Jan 12% * common 6% Jan 1% Jan 6% 50 22 Ltd— Drug Co 15% Mar NOV 7% 7%/ 1 Crystal Oil Refining common $6 preferred - Nov 25 V2 5% 72 5c Crown 22% 4% * Dec 6 Oct Dec 7% ft * 7% 2,100 9% 18 Aug 4% Deo July 900 6 91% NOV " 5% 1 Liquidating * Mining & Smelting Ltd—• Royalty Oil 10 common 1,700" 39% 5% 22 1 1 preferred class A 300 .9 . 13% 2% 5 Va 4% 38% -10 common 300 26 25 5% ~5% 1 1 25 1 Mines ft 86 17% 8% voting 6% Mar 2,400 5.200 37% 13% : Nov 100 10% 4% non-voting Jan 3% 124,700 2,600 ♦ (S) & Co common (H C) 5%% Brillo 12 4 13% 72 85 Blumenthal Bohack Dec Dec 38 Jan 14% 1 Ridge Corp common, Borne 11% 14 5% 15% 3% 37% 9% 18 14% — Birdsboro Steel Fdry & Mach Co com_* Blauner's common 3 Blue 9% 3% 11% 1 common 8% 7% 8% 1 1 common Ties Telephone of Bell 600 31,000 -- 1 1 & Co Beau-Brummel Benrus Dec 3% Sep Barium Steel Corp Bellanca 33% 5,200 Andes— Barcelona Tr Lt & Baumann 42% 12% 4% 4% 41 12 shares American Basic 41% 12% 4% • 1 75c Babcock & Wilcox Co 60% Mar Jun Nov 72% 9% 25 ' American dep B 375 Oct 10% 12% 69 24% 18% • A Creole Jan 9% Mar 8% * —* 1956 Petroleum 8% 17% 1 1 Co B Courtaulds 50 2,000 18% Class Cosden Jan ft 8% Class $1 Dec 7% 83% 5 -—1 & Reynolds 7% Dec 84% iU (H) Distillery lito— Corroon Jan 5% 70 2 „1 Jan 2,200 Jan 3% 24% 10% Products Co Cornucopia Gold 38% 2,100 7 9% 12% 11% 70 Car-Na-Var Corp.. 1 Continental Foundry & Machine Co—1 Cook Paint & Varnish Co * Corby Oct 9,400 _7% ~6% 6% Continental Jan 5% Consolidated Feb 7 1,000 17% 6% 4% July 13,000 26 Dec Feb 75 July 4 7,200 13% Jan 44 32,400 6% 9% 21 17% Aug Jan 23% 7% Dec IVa 41% 950 76 6% 8% 83% 5% July % Mar 4,500 75 74 74 5% 21% 75% 1 1 • - Atlas Corp Atlas .ft % 1 % 72 V* 2% 1 • • Associated Laundries of America Feb r 3% 300 5% 10 Engineering Corp Consolidated 10 5% Consolidated Gas Utilities Associated 173''■■ Mar 2,730 11 10 4 Community Public Service Shoe Machinery— Consol 98% May 22 Feb Dec 176 11 9% Compo Oct ■ 8% 12% 10 Co common Development ordinary Colonial Airlines Colonial Sand & Stone Co Colt's Manufacturing Co Commodore Hotel Inc to t. 8% 160 6% Colon ext July July 92 % 35 5 Cockshutt Plow Vtc Oct Dec -2.50 Co Aluminum 11% 8 Va May 7,100 7 .. Clayton & Lambert Manufacturing-,.4 Clinchfield Coal Corp common 20 Club 6% May ZV* Jan Jun « 50 10 1 Inc Neon 84 86% —10 Auto Stamping City & Suburban Homes.: Claude 7% Jan 4,800 -2 City Controller Jan 81% 14% 9%, —10 winniuu Clarostat Manufacturing 4% 120 91% ft; 9% -100 Dec Nov 8,400 13J/a 171% -100 Aug 17% Dec 91% -100 Consolidated Mining ©ervice 15% Jun 6 ft" 8% " 11% ft, 10 10 Chief 6'A Jan 8 83 13% 1 Cherry-Burrell common Chesebrough Manufacturing cornChicago Rivet & Machine Chicago & Southern Air Lines Voting trust certificates Clark Feb 2% 700 Oct July 5% 400 Dec 1,800 High . 3% Mar ft 2,700 7'A 83 „100 common C'xiies 5%- Jun 1,200 21% Corp Charis ft ._100 preferred preferred opt div series Conv pfd opt div series 1929 Century Electric Co common Century Investors Inc Convertible preference Cessna Aircraft Co common Chamberlin Co of America 5% July 900 112 17% 40% H% 16 — — 6% 25% July 11% 10% Dec 20 31 2,400 11% 112 20% 2.50 1 Equipment Corp Feb 11,100 11% 11% 10 Apr 3% 6% 11% 11% 1078 112 Armstrong Rubber Co class A 4%% convertible preferred Aro 111% • • Light $7 pfd Power & 14% 11% 3% 3% 6% 7% 110% 111% 6% preferred 500 45,700 Dec 38,700 H 11% "ft;.. 3% .ft 7% 6% class A non-voting Common 6% Arkansas 22% Aug 2,850 —.1 Argus Cameras Inc _ Arkansas Natural Gas common 26% Apr 2,500 6% . Jan 18% 8,500 7% £1 Angostura-Wupperman 1 Apex-Elec Manufacturing Co 1 Appalachian Elec Power 4%% pfd—100 10% 1,600 3,700 Anchor Post Products Angerman Dec 125 33% 34% 50 11 45% 10% 11 % 114% 115% 4% 4% 8% 8% 10% % ft 4,950 25% 21 % 0%. 21% 33 32% 33 900 ft 29% % 27% 24% 20% 6% 21 V2 1 25 20 25 Class B ex-distribution__ 5% 16% 8 -100 Conv Sep 16 1 6°h preferred (Central States Elec 2% 5% 15% . ' y Low 5% 5% 1950 Range for year High Low Casco 7% & Power Shares —1 Carter (J W) Dec 74% 75% 72 74 • 100 America common Co of Aluminum Range of Prices Par High Low High low Par Range for year 1950 Shares for Week Last Sale Price ,STOCKS York Curb Exchange New Sales Week's Friday Week's Friday 1951 Monday, January 15, . . . EXCHANGE CURB YORK NEW Chronicle and Financial The Commercial 10 Va Jan 9 Dec 20%. Dec Number 4977 Volume 173 . . The Commercial and Financial Chronicle . (225) NEW YORK CURB EXCHANGE RANGE FOR WEEK ENDED Friday ; Week's stocks Last Range for Week New York Curb Exchange \ Sale Price of Prices Shares : Par Association Fire First York $2 Corp dividend Pishman rM -10c common. American Ford Class of A Class B Ford : Motor of 4,200 30% .. 56 2% 200 High "76 July Apr 27% • ; Jan 3% Dec 4% 4% 4% 11 Apr May 6 Va 3% July 3,600 _*• 49% 46% 49% 59 59 21 50 Jan- 22% 1,700 Jani'm".- A) 1 1 46,000 < 11% 9 ... '< 1,400 11%, 12 1.25 ~ — 523/a Oct 9% % July 10% 3,800 a 18 Feb 11 V« -rp Dec Jan- 1 "iVt Jan 9Va Sep 293/4 Feb 38% Dec 9% Dec 14 5 16% 11 11 Vs 2,800 May • Power Co common G Acceptance Alloys Co General Builders convertible Electric i 1 Corp 1 Supply 16%" •' ■> -• —— J . ' '5% >•" _* —_ Amer ■ 0% dep rets ord Finance General Outdoor General : 5% —£1 reg__— Fireproofing 6% Plywood Corp '* Giant (A Gilchrist C) Co v. & Union Gobel (Adolf) Godchaux Inc Sugars ; common— preferred Manufacturing Gray ' Atlantic 1st • 123/4 150 - 107 Va Dec 107% 4% 7,600 67/s 18% 3 , 5 Vb Mar 193/s 550 : 17 Jan 1% Dec 3% 33/a 33/4 2,000 2 Dec 13 ".S'mm ''I-,-', .7' ' :'7:15% 16 V 27% Nov 10,600 12% 13,bOO ...103/4 25 Vs 24 77 25 Vs 1,800 i;JB8 ^ - , Jun " * 33/4 ■;' 7: 60 39 39% , 7 40 84 ;"•%• : 77 50 ,41Va , 84 . 10 6 Vs - 25% Nov 4Va Mar 40 Dec 6 '/a 400 4Vi 7" 500 22 V* July 5 - 11 500 9 >' 8 Vs 7% 11% •• - 14 Va 600 12 Va - 7% •'7 Chemical 8% July 7- 135 131?/a 135 " 425 :V.;. 2% ' 2% .. 7 ; 129:.i May'^;. 137 2% "1 38,000 47 Va 1,050 2 Va 38 Va July 24 7" 550 '21Y* July IIV4'". 200 —25 47 - '■ • pfd Alabastine„ 7 -100 • $4.40 106% 107 Va 106 % -- ■ 21 21. ; • 170 104 i 50 / Dec 47% Nov 31 % Dec Feb 11% - Jan-.- 9 Feb ' 7 Apr 10%' & 77/s 43,700 Dec 112 Jun 18% 3,800 14% Dec 21 Mar 14% 14% 14% 400 11 Va Jan 143/4 Co Sep * 11% 10% 12 1,650 12% Jan 5 16% 16% 17% 1,100 xl08 5 Inc common (Waiter) & Co 4% cumulative Klein Lake G — . 103% Hotels (The) 1 33%c Co Forge : Shores Lake Hamilton 5 112 - ^ "19% xl4% July Paper Hartford Rayon Light Harvard Brewing Mfg Hathaway 14% Feb 37 Dec 540 44 Vi Dec 53 Va Jun 14 % 5% 22,700 l7{/ i3/4 r""-'7''l% 1% 900 L—2>: 63/4 6% ,63/4 3,200 —— ; Inc —177,7 — Class Heller A 4% ■■ preferred Henry Holt Higbie Mfg 5% — Co Holly Stores Horder's Hormel Gold 21% 22,800 26,100 11% 9% 9% 300 8% 12 3/8 12 3/4 3,300 10 3/8 10 Vs 10% 1,600 73/4 Jan 10% 10% -93/4 10% 1,200 9V8 Dec 16 4% 4 Vs '4% 3,400 1% Jun Horn & Hardart Baking 4 45% 100 700 10 V4 140 87 70 % 77 100 70 8% 200 6% 800 3V2 preferred 400 6 3/4 July 8,000 10 Va Dec 8% 11% ;• 11 - "Is - - \ ■ Hubbell (Harvey) Humble Oil Lock Huyler's 1st Inc -- 9 Oct 113/8 NOV 10% Oct 3% Jan 45 13 Va July Sep Dec 25 46 Feb 10 156 Oct 175 Nov 1,375 31 July 34 Jan 42 V« May — r- ;• 27 26% — 106'A Jun lll3/4 Oct • Va 400 I8V2 Jan 28 Nov 5,400 80 Mar 105 Nov 3%. 4% 1,900 3 ,7 Sep 43/4 ... 23/4 3 1,400 2 Feb 3% Apr 15% 14% 200 12 - July 183/4 Apr 3 Va Sep 3% Nov Jun 24% Dec .;••■■ 1 1 preferred a Securities -- Hygrade Food Products. —5 15% 4 77- 22%' 21% 1,300 23 3%: ' 1,900 13 Le 5% 9% _5 _1 Corp common Lit Brothers common Class Locke Lone Imperial Chemical Industries— Ireland North Dec 4Va Nov 3Va July • 27% 26 27% 14,000 18 Va Mar 28% Oct 27%, 46%, 47% 2,200 18 V* Mar 28 % Oct 11 13 10 Va America International Cigar International 10 134% 200 ..133% 139Va 11 Va Jan 103% Preferred $3.50 International 99 % Aug 135 Dec International Registered Petroleum 3.90 % Iron • Service B 16% May . 1,450 68 July 24% 1-3 13% 13% 133/4 13 12% 13 • 1% il 1 . 80% 1% I3/, , 9,000 300 2,600 1% — .10 (Texas) 6,000 Xfoiion Superpower Corp see com page cl 31. A 16 Va 16% 10 Va 9% • 14 u Nov 300 : 16 Dec 5 Jun . Mar 4Vi Sep 7 7% Dec 12 Vs 5% July Jan 8% Jan 8Vs Jun 167/s July 22% Jan 7% Jan , -6% Jan 5% 5% 100 14% 100 12% Feb 14% May 213/8 21 22 Vs 5,600 10% Jun 22 % 17% 193/4 3,600 15% Jan 24% 13 14% 8,700 23% 24% 300 25 % 27 263/4 10,200 10% 10% 10% 900 36 35% 373/s 14,400 4% Aug 16% 14% .10 123/4 ii% 15% 1,800 Dec Apr 13% Nov 9% July 29 % May Apr Jan 28% Sep 22 % July 27 3A Max 22 28 % May 10% Oct July 7% July 26 Va 34% May Jan xllO —5 12 113V# Mar Oct July 14% Apr M Mangel xj— Stores common... (The B) Co 15% Mar 11% July 18 303/4 10 ■ -10 Mfg Mesabi Iron 4 26,900 10% 12 1,200 1 Co 25c —15 1 —2.50 * Corp common Michigan Bumper Corp Michigan Steel Tube Michigan Sugar Co common 7 6% preferred 10 1 Middle States Petroleum common 1 Midland Oil Corp $1 conv preferred—* x 1% 4% Jan 1% 8 83/4 7,600 6% 6% 1,400 5 800 Apr 5% 49 - 6% 9% 2 Oct 93/8 4,800 7 Feb 9% NOV 15% 2,000 7Vs Feb 16 Vs Dec 8% Feb 14% Sep 8% 15 15 ; 133/4 13 14 Vs 10,300 113/« 10% 11% 100 9 Vs May ,7.50 23% July 26% 12 21% Dec 4% Nov 4,200 1% 50c 4Va% convertible preferred 50 Mining Corp of Canada— —* Minnesota Pwr & Light 5% pfd—100 6% 6% 6% 4,800 5 17 Vs 18% 8,900 102% 102 Va 150 Co common Public Service 4% 53/8 1 1 common 53/4 223A 23 34% 35 3,700 2,900 300 160 10% Mar 100 Jan 22 3/4 July 9 Feb July Dec Jun 100% July 34 Feb 40% 41 14% 13% 15% 13,300 6% Mar 2'/s 2 Vb 2% 2,600 1% July 24% Sep 33 Dec 3% C Monroe Loan Society com class 32% 17% A. _10c _4% —10 17 States Power common— States Tel 23/4 182 Va 183 34 pfd- Producers 2% 23/4 183 Ward & Co class A__ Jun 15 Vs Dec 3% Apr Jan 105 107% Jan 102% Nov 400 2 Va Dec 160 176% Jan 33/4 May 186 Aug 16% 333/4 33 Vs Jan 38 34% 300 33% July 43/4 2,800 4% July 63/4 Feb 1,300 13 Va Mar 173/e Oct 2,400 28 35% Mar 4% 17 34 July Tel lioo 50 97 Feb —5 43 44 100 24 Jan 44 .—5 19% 19% 200 18 % Dec 22 Co Muskegon Piston Ring common .2.50 Muskogee Co 101 Vs 102% 102 % 105% r Jun Dec NOV 9% 1,500 7% Apr 10% Aug 18 200 12 Va Feb 18 7% 10 10 173/4 —10 common. Dec 43 Mills & Vernon-Woodbury Jan Mar 105 Aug -100 1 Oct 7% Aug 97 Apr 101% July cumulative pfd series Nov 101 % .100 preferred series B— .100 cumulative 4.80% Murray Ohio Mfg 7,20 Apr Jan Co— 4.40% preferred 3% 29 % 18 102% * common Corp Pictures Monongahela Power Muter Jun 9% May Feb 33/4 Mt 8% Apr 1 3% Montgomery Jan 7% 5,900 3% 4.50% Nov 3,000 25% 7 Mar 7-;-, 24 Molybdenum 8 56 2 7 25% Monogram Sep Jan July 11 Ve 21 Missouri Jun Nov 10% 1% 22% Wohl 10 111 „ 6% 2 25% common—*— Mid-West Abrasive Miller Feb Dec 103/4 11 Vs • shares dividend non-cum Co 33/4 108 Vs Mar ——* 50c Midwest Oil Co—_——„*— 10 Midwest Piping & Supply common • Mid-West Refineries —1 $2 Midvale 17 Jan Products— Steel Midland Corp Hone Nov Dec 10% May 11% July 3% 12 40% 37 Feb 2,300 133/4 3% 100 Dec Jan Apr 6 Vs 7,000 14% Scott Corp— Participating preferred Micromatic 14% llVs 183/i 6% Mar _1 preferred— Textile 5,900 1,100 ._1 Warrants A 10% 40% . i% ""9% 9% — Co & Co Merritt Chapman & 6V2 % 39% *" % Jan 27% 10 Vs 10% * 2% 1% Aug .£1 Dredging Johnson Sep ' ' Shovel Power Mar 41 ' Ltd Co Aug 31 July 27 34 % May Harris common (A G) & Co class B Menasco Metal 11% July 200 Mfg Co International Marine Communication :7 1,000 17% Consolidated Marconi Oct 12% Jan 4,500 127/s 17% 13% , -1 Manischewitz Mapes 8V« 14% 12% 303/4 Co Maine Public Service Co"„. 8 4,700 6% July 1,700 12% Apr Dec _50c ~7% -10 15% 14% _1 4% 4% 4% 1,600 83/4 Apr 5 Sep May —1 Company common 3% 3% 3% 19,800 2 34 Dec 4 Jan 18% 19% 1,690 173/4 Nov 32 Vs July 36 3/4 Mar 10% Jan 133/4 May 11% May N Nachman Namm's Corp Inc common— 84 Va May 30 % Aug National 7% Hess Breweries common a common — -» 125 preferred • 7% Apr 13% Dec National Fuel Gas Jan 13 Oct National Mallinson Fabrics 14 15% _ J 15% 32 Vs Feb 12% 12 123/4 10,900 III 11% 10% 113/4 5,200 7 Vs Apr 10 3/8 —1 13% 13% 13% 100 10 Vs Jan 15 Sep 13 12% 13% 3,900 8% Jan 15% Jun 8% 9% 1,500 7% Dec 9% Jan 11% 1,200 6% Jan 18% 300 16% Dec Oct ft Apr 1% Aug National Mfg — & Stores 1% July 3 Feb * common- National Pressure Cooker common- —2 Radiator Co Rubber National 13 Va Sep Feb Mar 1,000 18% Aug National Starch 15,600 6% Jan 9% Aug National Steel » 1,100 Dec 1% National Transit 17 • Oct Jan 4% 14% 5% -la Mackintosh-Hemphill 7% 88 • 1 v t c_- 18% • Lynch Corp 10 Va 100 Manufacturing Chute 2,400 18 Vs 12 ; 7,700 8% -1 National • 8 8 ._1 Longines-Wittnauer Watch Co—— Land & Exploration Power & Light $6 pfd__ Louisiana 10% July 6,700 1% Apr Co— Air footnotes 78% 13% 10 Razor Irving For 79% • shs coupon preferred Fireman 12% Aug • Safety Royalty Public A_*_ Products International Iowa u..:__50 Industries 400 28,900 26% —— Chain Steel Star Gas Co National Bellas shares International Investors • series Metal / 2,600 93/4 7% ' Jun Jan Hydro-Electric— Machinery 14% Mar Apr 98 V2 2,100 100 8% 70 10 Va 100 pfd—100 Nov - ' 5% 8% 7 1-5 Louisiana Feb V2 5 £1 of 22 3/< 73/a Mar • Indianapolis Pwr & Light 4% Co 5,250 £1 , 1 Imperial Tobacco of Canada Imperial Tobacco of Great Britain & Insurance 27 V.¬ American dep receipts registered Imperial Oil (Canada) coupon Registered 243/s 25 17% •43/4 :: A—_— Mountain • : Jan 15% NOV 10 % July B Mountain common May 1^ Jan 10 Jun 26 Va class Groceterias Loblaw — • Co 22 Jan H July 14 Realty common (R G) Inc Tourneau Mountain Zinc Apr 19 V4 -5 Lionel Moody Investors participation Morris Plan Corp of America Illinois - 16% -1 -1 Jan 2% i:113 105 " ..—5 com mem Hydro-Electric 26% _ convertible 6% Oct 7 32 Va \ — 110 Refining Manufacturing Co 9 3% Jun " 5 common & & ' Oct Jun Mar 12% May 30% July •• Oct ■77 453/4 x31% 32% 77% Jun 300 SS ; 453/4 102 Dec 7V2 July 2V2 July 41 ,«y» Mar 14 Va July 2,500 3% 3% 7 24% Dec 14% llVa July 31,100 i Hurd Sep 18% Sep Jan 7 169/7169.7,. "la lioo common Dec 2% May 22 Va 8% Mar 8% » .- -ir Jan 13' 13% 39 ,7; 77.^,^777' , ,*:•»% July 11% 10% 3% _*7/,' Co, Nov 5% Jan " Lefcourt 11% Max Jun 89 10' . 40 IIl5 & Co Hardart 5% U a * A) & 9% •'•167: TJan •:V76V4 Apr 12% Mar 123/4 7% Apr 5 Va 7 JDefe; 8% 10% 1 Horn 5 % 70% 70% 5 common y .,1% bee 11%. --7'7 2.50 Inc (Geo 13% —10 Inc Co . 7 :.77 725 17 ' x6 Mines Jun 88 11%. 7 ' Consol — • 1%- Jan 3,800' 1,800 9,100; 7 14 Vs 13% 16 common preferred—. & Co class A ; Holophane 13% 1 convertible (R) Hollinger > 7 Va " 16% 7 a .100 common 9 1,300 26% ■1 _100 — w w Co & • 2 common preferred • 97/s„ 24 7Vs a" 7' "■ : Co 5%% _25c ; common- s%. 9%. 25 II15 Co Rubinstein : v.- ' * Corp__ Mining Helena Hoe 100 49% Dept Stores common.. Hecla ■' 13%35% » ■ • 1:77' : Bakeries Hazeltme Hearn Co Co ,7:12% Aug 11% common*. Hastings 1.100 7 4% Mcr ' , —25 Jan 9Vs 17% 8% Marion 35% ———, 32 1 -5 NOV 46% "Is common Electric Jan 9% „1 Apr 47% 4% Bridge Co Ltd Hartford ii% • 21 2% _1 : Ltd Mines McWilliams 2,500 Feb 2,100 17,600 Foundry & Machine Corp of Delaware— Lanston Monotype Machine La Salle Extension University McKee 6% 42 26 Va 4% Lamson Mead *5% July 6% Aug 4% Lakey Dec I H ': . 33 25 • Co 25 -5 Laclede-Chrlsty Company L'Alglon Apparel Ine Massey 'r 2,400 20% 1 Kobacker Stores 107% May Feb 7% 35 Vs 43/4 * 10 5 Corp 163/4 Dec 7 Vs 26% 1 (IB) Rubber Co Kleinert Knott Ltd Co Aug 35 Vs .7% • 50 1 ——1 — 1 common M (D Emil) Co 9 9% Sep 10% Mar 100 preferred 148% Mar 46% Hammermill Jan 7% Jan 112 Va 23 7' Lamp Jan Apr 12% - 545 ~ 1.7:, Co__ 131 Va 135,1 134 Western Brewery -72-7' 23% Stores Products common- _25c 7 ■—'St. * Jan 33/4 22% May 17% • Tea— Northern. Paper———, ; Dec 3% Jan 43/e 7% 33% Nov 10% Mar , .+-. H, 8% July 6,100 Oct 343/4 Nov 6 Va July Jan Dec 53 Apr 29%' 29% Dec II Sep 14 Nov 85 Jan ,45 14% stock Great Lime Key Va 10o pfd Co Kennedy's Dec 29% ht Apr 54 %. Jun i r ■ ' Sep Jan 74 32,800 1 im— 213/4 Jan ,7 25 350 , % " 6 Va 1% i.Oct, 17V4 Jan V, ... /• Jan 2,000 3%:: 3% ■ 11 • May ;,32% Apr ,u:M-'ia%pOct. Apr 19% Dec 8 Jun Griesedieck Hall Jun 17% 7 Oct 4% v Jan 300; 17% ,18% . 'jftfar 16%. I100 Utilities 14% r' May 116% May 109% May ; . Feb 8,100 Grocery Gypsum 6% 1,100 Jan 109 v 411-^uly 1—4 Co Lakes States 3% 2,200 4% Feb Feb 100 ■ pfd —257-7 preferred & 4% 5% _ Pacific common Oil ' Ls • — 1 conv Great Gulf 2,000 2% 24%-May '.--to n —50 1 1% 550 « Jan , r<%" A Sc V'"-' 58 Co— Varnish- Non-voting 13,700, 15 Va , Dec '■ • Manufacturing Great 4% Jun Feb •■.■•' 100% 1 • 43/8. - 6%' L —I* Dec Sep 17 10 '• 19 1 Gorhanr. Manufacturing common, ■ Kawneer Kropp 19% Mines Graham-Paige Motors 5% Rapids 2,500 112% 1123/4 * Consolidated Grand 15 .'■7-x— I . Goldfield class 7 101 33/4;, class A— Goodman Gorham .Inc 6% 32'/a 2% Krueger Brewing Co ' — 7 prior 6 Vs 30 3/4 2% K 7% 5 B $4.50 *23 % Mar l —1 B * Class Dec- ' _• class Inc Co ''■;7 •18 —25 Co Coal—— 20 Va 101 'V • * ._ 19%- < ' 4%-May ' •77' common Distilleries Globe 6 Va 32% • Kaiser-Frazer Corp Kansas Gas & Electric 4%% 6%. Apr ^•8% Oct 5%' Dec -.:tr.j"r-;-:8Va Jun f 100 1 — Alden Glenmore High \ . —1 Co— Kirkland 3% Dec 20% 1,700 7% ——I . *_ 100 b1 75/s* 15% - I—1+ir.; Mines 8% 7 b 7a' . Jan #tl •*»,* : 7^- —20 Gold Gladding McBean Glen Julian & Kokenge 1950 year Low • July 6% May 9 1 % Mar i •; -5007 7; 4% ; Yellowknife Gilbert Range for High _1 (N common King Seeley Corp Kingston Products Kirby Petroleum 2% „• . b 20 Va : Public Service $6 preferred—* •, 7 Georgia Power $6 preferred——» a- 7 >$5 preferred ! Corp J Nov v -J— 5 common • 8%: I. 77 8%- *7 General Gerity-Mich ._1 common Sulphur Co Stores Preference Oct 993/4 Jan -4% . 4.300 2,800 16% Jun .4% - 1,800 33/4 3% -- —10 -100 pfd preferred conv 5% 2% 'I 1'"-. * * common Adv 100 3%' —2f! 7 Corp common*— General -i 5% 2% Ltd— prfeierred series A 13% July -89¥4 5% > 1,700 * .v 5% ' General 17 3%' com —17 Corp preferred Co - —11 : —1 t.A7 j ■' 17 I100 General 5% Co Lake Brown Kimberly-Clark Corp— 4 Va % preferred / ; • — Mfg Co common General Glass Jefferson Kings County Lighting common a preferred General Jeanette Kidrie ■ Gellman /.7J 1% Oct - DeC',r. 7 ' 5% Low „ Oct —50 common preferred Co : Gatlneau Shares Par Jan 54 v for Week ! Jim —£1 Sales Range of Prices Dec 33% Jun 9 receipts bearer convertible : , 3% Week's Last Sale Trice France— deposit (Geo 30 •■•-s-.a™' Franklin Simon Ac Co Inc Fuller 260 3%. 303/4 Low 62% Canada— Brewing Co (Peter) Brewing 4%% 3% . High 603/4 - Pitt Fox f : non-voting voting American Fort « Friday stocks New York Curb Exchange Range for year 1950 —i Co Inc deposit rets ord reg Motor " — preferred —v cumulative H) Low ■i -10 (Phila) Fprd Motor Co Ltd— , 12 Sale* - ""•'I t JANUARY 95 Jan —4 -10 10% —1 Machinery Products Car 8% 18% • Lta common. 10% 18 " — . . 1 3% — - 3% 1,500 16% July 2% Jan 10 May Dec 20 Oct 273/4 Dec 43/4 Jun 29 T'r.e Commercial and Financial Chronicle 33 . . Monday, January 15, 1951 . (226) CURB YORK NEW WEEK ENDED RANGE FOR Friday Ranee Neptune 4% 17,» 4% 17/2 Nestle ~~ -- -- Meter common— 2.50 Le Mur Co common --1 England Tel & Tel---10? New Haven Clock & Watch Co.——-1 4%% convertible preferred 2o New Jersey Zinc --2f New Mexico & Arizona Land— 1 New Park Mining Co —1 9Z',8 New Co common New Process New York New York & Honduras Rosario— New York New York 9 32V* If 1 \\[f RR 15 A 1?.'2 2 49'/a 5% 1®"/® 2 ? 49 % -5 1 5 18 /a 4 /4 90 — 4 Co 2% 76% a — 5 90 8% 9 — Jan 13 10 14 Nov 20'A Apr July 15% Dec Jun 16% Dec Aug Jan 114 Dec 49% Oct 9% 33,100 % 100 43 % 200 2 6 July Oct 20% Sep 7,400 2% Jan 5 % Dec 10 84% Jan 93% Feb 10% Mar GOO 14/a 17/« 14,800 6% 3,200 13 % St 103% May • 50 18% Aug 450 30% 11% United 49% Nov Jan Jun 115 Dec 37% Jan 9% July 6% July 2,800 13% Jan 12% Oil Corp Apr 16% . 19% Nov 39 40% 1,800 16% Jan 37 Dec 10% 16 16% 700 9% Jan 19 % Dec Petroleum & pacific Public Service Light Oil (C —. — A) v t : . — — __ 4% 6% c Panatapec Oil (C A) Amer shares Paramount Motors Corp 1 — 5 36% 300 lz— Parkersburg Rig & Reel Patchogue Plymouth Mills Patican Co Ltd 12% 1 4 2 Peninsular Telephone common cumulative $1 Pennroad & 27 180 101% Gas & 40 A Light 4%% com . 5 100 pfd— 110% 105 May 15% Jan Dec 25 Jan 200 38% Apr 219,500 2% Feb 4% 3,100 41% 300 40 Sherwin-Williams 4°!o 28 15 5,400 Apr Jan 13% Nov Feb 5% Apr 2% 113% May Mar 107 225 110% 111 Feb 9% July 19,400 5 2.50 5% 5% 5% 100 4'A July 5% Dec * 38% 36% 38% 2,300 30% July 40 % Jan (The) 1 Pepperell Manufacturing Co (Mass)—2o Perfect Circle Corp 2.50 3% 3% 3% 800 2% Jan 4 Sep 72% 74% 1,000 53% Jan 71% Dec 15% 15% 500 11 Jan 18% Traffic Penn Water & power Co Pep Co Boys Pharis Tire Rubber & 50c Governor % % % 3,900 % 22% 22% 23'A 2,800 17% Jun ♦ 8% 8% 10c 4% 23'A 22% 4% 17 2,300 24 V* Mar 8% Aug Sep 3% 6,400 24 Jan Jun 4 4,100 9 4% 1 common % Jun * common Philadelphia Co common Phillips Packing Co Phillips Screw Co Pierce 73 ... 4% Oct 25% Apr Jan pinchin Johnson Ltd Amer shares Pioneer Gold Mines Ltd 4.88% 1 ljjj 2% 10,400 1% 1 3% 3% 3% 11,600 1% Mar 50 61% 60% 62% 1,600 Pneumatic Scale 61% Sep Jun 52 Dec 34% 36'A 5,400 18% Jan 36% Dec 4y„ 4% 41/8 500 3% Jan 4% Sep 18% 18% 75 25c common 35% 1 lo common 4% 4% 5% 14,400 Corp of Canada • common— 1st preferred Prentice-Hall Pressed Inc Metals Co Providence Public 18 Jan 14 Mar Sound Apr 8% Jun 19% 100 14% Jan 20% Oct 35% 30% July 9% Jan 800 14% 15% 2,300 1 2% 2% 3'A 13,100 • 8% 8% 8% 400 103% 425 __ May 37% May 13% Oct 11% 400 11% 98 Mar 95 — 11% 19% Jan 1% 7 8% „ preferred Pulp & Timber Co 100 103% 4 com 103 27 25'A 27 13-% 14% 5 common Pyrene Manufacturing 1% 2,900 % Jan 2,100 11 % Apr 12% 12% 100 6% 7% 28,600 New 10 51 Aug 69% 130 106 Dec 109% Feb Jan 24% Dec 15% Jan 23% Nov / 23% 22% 23% "r5 1% 4 19% July 1,100 ~5% 30 30 4 4% - ' 5 5% • 6% "Aug 27 50 1% May ;% Apr 16% 1 4% 4% 4% 9% 9% 10 % 7% 6 38% lo 2,880 37 38% '10'- 3 4; 200 22% Jan 25% Feb 14 Jan f 45 46 28% 28 28% 31% 31% 300 29% 29% 29% 2,300 26 26% 1,100 3% 32% 5% 2,100 5% 500 3% 1% 1,900 % 5,300 11% 21 class 4,000 l7/a 50 Dec 18% 8% July 15% 37 38 3,400 33% July 3% Jan ' 6% 7% 16 75,400 7% 5,200 20 3% 140 1,400 6% 6% 7,500 4% Feb 4% 4% W:;, 4% 5 ' 500 5% 4 6% Mar July 32% 33% 1,400 23% 450 15%. 15% 300 7'A 7% 500 3% 3% 3% 7,600 4% 5% '4,000 18% 25 14% 2% 5,500 1% Dec 150 15% Jun 13 Jan com . 10c Sterling Inc 18% Stetson (J B) Co common (Hugo) 32 23% /. 1% 21% 30 1 (S) & Co common Superior Tool & Oil Die : 30% 5 Inc 23 3% 4 Co 12 11 4 37 34% 19% 18% „ — Dec 25 Jan 17% NOV Nov- 8% Apr % Jan 3% Dec 3% Jan 7% 4% Jan 2% Apr 21% Dec .-•% 3% May 22% . Sep 27% Nov Jun 17% July 9,300 12 27% 7% 725 4% —15 Corp 16% Mar 400 5 25c Dec 21% July 10% Mar; 3,650 22 Sun Ray Drug common. _• Superior Portland Cement, 22 28 Stop & Shop Inc Swan Finch 18% 2 Corp . Mar 10% Sep 7% Apr 2% Mar 4,500 23% Sterling Aluminum Products Sterling Brewers Inc §Sterling Engine Co 7% Mar 173 Jan 6% May 8% Mar Jan 9 Feb Dec 40 July 8% 4% ordinary Jan 3% •iV. Jun 7,900 4% common. 4 Jun 23% May 4% Canada & Co. 2 15% May Mar 6% — 5% Dec 5% Oct , ,i 7% July 19 8% B__ Jan 54%. Aug 2% Mar 350 165% 167% (The) Corp NOV 47/a i 17% 6% preferred ——--A—-—— Corp ————— i 18 — — Co 26 % » 15% 7% Light common B 28% Mar . 18 •• 37% —10 2% 2'A 2% 16% ■ Apr 33'% Jun 31-% Mar - Jan 10 ' Jun Jan 1% 20% —" •> Dec 5% 21 — Dec 5% ■ 11% preferred 23% t. 43% - Dec 1,100 1% 10 " 20 27 47% 5% 2.78 300 ■ v Feb ■»«*"' Standard-Thomson \ 29% 43% Sep 46 % 47 5 90 Oct 28 * Jun Co Standard. Products > Dec 25 25% 24% Corp & - 27% July —25 26 % Co Nov 17% Aug - 4% Apr 'U1%% J>ec §:% Dec > 39% Nov Jan 1 convertible V. 8% Mar < 3,300 22% — 2% - 4;300" Mar 3%, Oct ; 64 -13% Jun - 25 25 25 Standard Forgings Corp Standard Oil (Ky) Stroock 4,100 325 ^ — • 46 Standard Cap & Seal common Convertible preferred Standard Dredging Corp common (A) 7V« *• -.* 7;600L 25 preferred Royalty 2i% Aug +■ cumulative Stein 16% 15% 12.50 4.08% Starrett Dec 21% Aug 242% Dec 2% Aug 32 V* Jan 1 preference preferred Standard Tube Nov 4% 3,000 313 285 300 —_l preference $7 Jan 17% Aug. 3% Mar 800 ? 4 : convertible class Dec 1,200 2,000 Publications— convertible Power 29% 33% 66 107% 107% " cumulative Common Dec 64 64 —4 preferred Standard Dec ,a5% Feb 15% class A 4.32% $1.60 12 2% 29% 33% 1 Stahl-Meyer Inc Standard Brewing Sep 9% Mar 6 24 v Jan ? Jan • 4% Jan Dec 200 8% July 37 1,300 19% 7,900 30% July 18% July 36%" Apr 26% Apr Nov 113%' Jun ;C/12% Nov Sep 10% Mar Oct 101% July 14% " 105 450 May Electric Tampa Co common 1,200 Feb 25% Dec Technicolor Inc common 10% July 3,400 9% 9 * common common 7% Apr 2% Aug 14 V* Dec 14% Dec Texas Light $4.56 pfd 6% 10 Jun Dec Power Shovel Thew & Co 4 5 17% 1 5 7% 13% —25c 15% common. i w 136 5 preferred Thorofare 133 34% __100 Quebec Power Co 136 33% 670 34% 95 1,300 158 157 — Corp Corporation Thor Q 6% 9% 14% Thiokol Quaker Oats Jan 4 common Jun 3% 9% Jan Mar 3% Colorado— cumulative Pyle-National 6'A 34'A __ 5% May 13,100 11% • of 3% July 10% 35 1 B Gas Service 4%% America Nevada 19% — • 2.50 of class 8%' __ 100 1 common of Producers Corp Prosperity 10% 2.50 Pratt & Lambert Co Puget 3% 5 Mining Co Powdrell & Alexander 6% 2U Feb Dec 4,000 1% Canada 4.48% Stinnes Polaris Power __ 4% Mar 6% 13% * preferred Spencer Shoe 95% Mar 5% 1% 25 cumulative 4.56% Mar Dec 14% 5 * Southwest Pa Pipe Line Southern California Edison— original 92 2% 1 Corp Manufacturing common Coast Corp common 5% Jun Dec -3,200 6% Co Oil Jan 4 Va 4% 1 -1 South South Penn 14% 4 • Aircraft Steel Co of 1 Piper Aircraft Corp common i Pittsburgh & Lake Erie Pittsburgh Metallurgical common Pleasant Valley Wine Co 100 Ddc 33 80 JA July 88% Jan £1 Sep Penn 92 * 2% July 22% Jan ' dep rets ord registered Smith (Howard) Paper Mills Southland 26'A Jun Ju4y 92 Amer Dec 29% 1 950 Southern Pipe Line 48% 3% Apr 18% May -2%' Dec 12 90 1 4 10u Jan Dec 32% Jan 50 88 preferred 5% Dec Jari 1 % 35,600 90 Dec 3% Apr 13% 22,700 Simplicity Pattern common Simpson's Ltd class B Singer Manufacturing Co— Singer Manufacturing Co Ltd— Solar 3% ^2% Mar 15% July 52,200 35 Nov Nov 2% Sep Feb 3% 31% — Dec 23% Aug 100 1% 13% 34 — Shoe Corp of America Sicks Breweries Ltd 60 2% Aug 1% July 1,500 2% 29% 3% . • 3% 1 of convertible 2 Jan Jan Mar 13% 2% . 1 500 17 16 % 100 Sherwin-Williams Feb 26'A 38% 50 23'A 1,400 2% 2% 2% 17 25 common. 57 3% July 33% 32 32 5 preferred 13 % Apr 11,700 Shawinigan Water & Power 31% Oct 9% May 20 2,200 16,500 2% Mining Denn Shattuck Jan 17 July 29% 3% 1 Seton Leather common Dec 7% Dec Dec 20 2~150 4% 10% 5,900 9,900 3% -1 * Sentry Safety Control— Serrick Corp class B 45% Nov Dec 11,000 2% 3 Inc (R B) Soss July 28 56% 2% 3V2 t— Sonotone 14 26% Allotment Oct 97% 1,600 4% Sep Dec 6% Aug 7% Sep ; < Dec 53% 2% 4 1 * prior stock certificates $5.50 Jun 22 5% 14 — x5 54% 3% co.nmcn Industries Inc Convertible stock Selected 7% 150 13% 55 23% 27% 13% — Jun 27 2% General Shoe Co-— Selby 105% 100 14 1 common Electric class Power Penn 41% y 29% Nov 124,400 5% 9,100 3% Inc Bros 107% May Sep Sep 6 May 29% May Jun Dec Dec 150 7% * preferred Corp Penn * 25 25 preferred cumulative $1.32 5% 29% May 102 53,600 39 12 55 — 32 Dec Dec 26% 900 22'% 50 V* 5% 33 Co Pen Dec Dec 27 — Parker 30% 27% 500 300 — . 22% 49 4% 6% — Feb 9Va 37% May 34'A Jun 33 4,100 102 8% 99% 102 7 99 7};] 99 % • * 9 28% 28% 28% 28% 27% 28% 103% 104% . — • Page-Hersey Tubes commonPancoastal — — ICO pfd 5% common preferred 1st -- — X Ltd Pacific Power $1.30 35% 32 — > Pacific 8% 34% 32 8% Jun 6% 2,000 34% 32 3 Pacific Gas & Electric 6% 1st pfd—25 5%% 1st preferred —25 5% 1st preferred 25 5% redeemable 1st preferred 25 5% redeemable 1st pfd series A™25 r' 4.80% red 1st preferred 25 Pacific Lighting $4.50 preferred——• $4.40 div cum preferred • common 7 1 Segal Lock & Hardware. $3 Co 9% 10% 3% Mar 1 Scullin Steel Co common Seeman Simmons-Boardman Can 4,500:, 25c 1 — Silex Co common Pacific 5 5% 2% common (Del)— Inc Securities Corp Oct 39% i Securities- 6% 1 49 <fc Fisher Brick Co Schulte (D A) Inc common Jan 1% Mar Dec 26% 4,400 — — Overseas 41 % 111 950 9% 9 9% „1 High 11% Aug 14% Apr Apr 2,400 5 ■ 9% 5% 5 % 1 Ltd common— preferred convertible Savoy • i7e Nov 200 11% • B. class 52 113 28% 30 .15 Gas Filters United Oliver 6,800 tf 112 ■ 112% 100 preferred- Power 4%% Oklahoma Natural % x? % 9% 9% » Sentinel Radio Coip common % 16,500 ■ 1 Sa-yre Dec 14% Jan O Ohio —1.25 common Corp Lawrence Samson Semler 50c 12 Va • 8% July 7% Feb ' Ave Aeronautical Co— Consolidated Petroleum— Ryerson & Haynes common 1st 10 — 13 A l"/» Fifth 11% 12 6il Co Ltd Russeks Ryan Ryan Feb 13 July 97% July — * Royalite 1,500 1950 year Low i 8% Dec 31 1,400 /a common Range for High 3% 8% Feb Feb 22% July 14,400 ^./8 Corp .1 Dec Jun 59% Aug 450 49,8 6 19 (The) Rowe Shares Jun 2,250 15/4 . — -1 Airlines Penn Dec 10% 5,300 J®'4 15 % 50 Northern Ind Pub Serv 4 % 1<r pfd—100 Northrop Aircraft Inc 1 Novadel-Agene Corp ^ * North 76 July 13 5 common Mar 7 175 37,2 — Dec 49 24,700 -- 35% 7% Jun 3% Dec 5,500 7 -- 3% 4,500 _Z /a 10 Texas Oil Central North 1 /a -- North American Rayon $3 preferred—5o North American Utility Securities * Northeast * 2 350 Feb 102% May % Mar — 10 shares Corp Niles-Bement-Pond Nipissing Mines 3/« 8 a ™ 8 A 9A 3.a 8 ; Dec 6% Dec Jun 4,000 Apr 21 Dec 4*4 89 790 L _• Merchandise Shipbuilding Corp— Niagara Share .4 -- — Auction Co common Founders 3 9L'8 17% 2,500 5% Jan Prices ol Low Par High Low 2% 15.000 4% 18,4 -30c Onion Radio National Range for year 1950 Shares High Low Par for Week Last Sale Price Sales Range STOCKS New Yoik euro Exchange for Week of Prices Sale Price Curb Exchange New York ; Week's Erioay Sales Week's I.8«t STOCKS EXCHANGE JANUARY i2 154 ., Markets Inc 17% 7% 13 15% 110 — 1,800 13% 5,600 5% 9% Jun 15% 100 14% Sep 7% 16% 1,600 Dec Nov 35 Jan 16Q% Jun 13% Mar 18% Oct Tilo 1 1 Tobacco Realty & Construction & Allied Stocks 7% 16% 4 Roofing Inc Tishman — 7% 15% "89% > 19% Oct 1,700 18% 8 13% Feb' 137% Nov July 32% 60 * common..— " 6 % July 12 Va 110 Jon. 75 3,400 90 Oct 8 "Aug 14% Feb 18 Jan V. 8% Jan : Jan ; 4 Dec 16 115. r Apr Tobacco Security R Railway & Light Securities— Voting common Rights ' 10 common Reading Tube Corp class A Reda Pump-Co.-_„ Regal Shoe Co 5% 6 Railway & Utility Investment A Rath Packing Co common Raymond Concrete Pile common $3 convertible preferred Raytheon Manufacturing, 24% 24% —_ 200 1% 26 26!/« 175 24% 23 24% 1,400 56 56 11% 12% 48,900 5% 5% 506 4 11% 5% 5 6.25 " 20 40 2 Jan - Dec 28 Jun July Jan Tri-Continental 27 Feb True Jun 58 Feb Trunz Jan 13% Apr Tung-Sol Lamp 5% Nov 7% 4% 7,300 "5% 3% Dec 4% 2'A 1% 2% 11,200 % Apr 5 x45% 44% 46"% 950 27% Jan 43% 23% Jan 32 20% y 1 4 33% 17 17 — 17'A •1 Oct " Apr 50% Jun Dec 3,500 1% Feb 3% 2C0 100% Dec 105% Jun i« Mar 1% Dec 14,400 2% Mar 2,500 3% 13,200 1,050 6% 2% July 20% 16% July 8% 4,900 17% 17'A Jan 11% Mar Jun Oct 3% May 21 Dec 26 16% Nov i-.' ' ——4 ■ Works common— preferred 20 5% 4% Aug % Jan 1,600 4,100 80c convertible 600 Mar 20% Sep r,20% Sep Sep * •- 500 35% 37% 1,600 3% 3% 3% 8,100 2% 2% 2% 13,900 • ., - Feb 5 % 2 Sep July Rochester Gas & Elec 4% pfd F—100 Roeser & Pendleton Inc common • Rolls Royce Ltd— 3% Apr Unexcelled 99 97% Chemical 1% Dec 2% Apr Union Gas of 99 dep receipts lor ord reg__£1 £3.4? 102% Feb Union Investment 230 • 97 July — < ... 25 Jan 46% May ' 8% July „ Rome Cable Corp common.—.5 Roosevelt Field Inc— 5 9% Apr Ulen Realisation Corp Corp —' Co. '3,800 1% 7% ■■iva '200 Oct 5% Dec 18% Nov 103%, 103 ,103% - {250 9% Nov m% Aug Jc98.% May, 64-. Jan 74 Nov * 13% 1,600 9 " Mar 13% Nov United Aircraft 9% 10% 4,600 6% Jan 14 Va Nov 42'A 6,400 22% Mar 42% Dec United Corp. warrants United Elastic' Corp— 40 "fet500 17% 4%, r ; ;,j; $3.75 preferred series A———.———4. Unkin Stbck- Yards of Omaha^_—_10o 12% 42 % July ,.2'A Mar 11% July \\7"% Dec . 17 '5% 16% 5% —5 -• ' L4 Uniqn Oil, Co of California—j, ' 10% „ 10c Canada— 13% . __io U 2% Mar - 1 For footnotes see page 31. Inc 3% 3% 4 Dec Rio Grande Valley Gas Co— Rotary Electric Steel; Co—— 1% 3% % 1 48% 53 3% 3% 102% 103 1% 1% 3% 3% 7% Aug 7 4% 1 (Texas Corp) v t c — warrants Corp 6% t3% Aug % 53 3% — Temper 54% - 1 Richmond Radiator 1% 26 % 1% Oct '• 24'A 1 29 Jan '' —— 1 . 4 21 1,300 • (Robert) & Co Reliance Electric & Engineering Rice-Stix Inc ~zzz -— American 3,000 6 10 ——_1 — Reis . 24% Trust Co Ltd— Amer deposit rets ord registered—£1 Amer deposit'rets def registered—_5s Todd Shipyard Corp common 20 Toklan Royalty Corp— 70c Toledo Edison 4%% preferred 100 Tonopah Mining of Nevada 1 Trans Lux Corp 1 Products 6 % 6% ..I™ • 35%. ,34% 6% 11,300 .-■'A common—50b 80,800 35% 2,50 7 2% Mar. ■ • '.% July 31 Dec ^ :.. Dec 7, Jan .33%' Nov ■I Volume 173 Number 4977 . . The Commercial and Financial Chronicle . (227) NEW YORK CURB EXCHANGE RANGE FOR WEEK ENDED Friday Week's STOCKS Last Range Sale Price of Prices United 75c .' Milk Products particpating United Co deposit rets Amer United NJ United RR «fc United Shoe S Air S Foil U S and U $5 < ord U S Rubber 4% 48 % 44 25 New York Curb 10% Last Period Sale Price Ajjeoenture certificates escrow .—10c Corp 1 • 89'ft 1 .common Reclaiming Co 33 3,900 90 8% 4'ft 5% Jan-July 2% 10,600 Nippon Electric A 2% May Jan 30'/a 4 Jan 4ft Feb Ohio Power Mar 93 Jan 9 ft 62 — 65 6fts 1953 lo 29% 5 29 3% 29% 3% 3% Apr 3fts Feb 63 ft Dec Piedmont July 28ft Jan A6fts with Oct 1 Jun 35 ft Nov A6fts 1947 23A 4,100 Feb 3% Apr 1970 common.. convertible 7% Oct ex 1 1940 Vanadium-Alloys Steel 40 9 ft ... II_20c Syndicate Inc—i_. Vogt Manufacturing 1,900 82 27 Jan 41ft, Dec San Southern California 10 17,900 3% Mar 9% Dec 17,000 2% 4% Oct Southern Jun Southern Counties 4% 5% 13 % 14 800 Feb 11%- Dec 16 „3fts series 1st and 1st M 3s series California mortgage Co... • la- 3% * 7ft preferred Waitt & Bond Inc Ward Baking Wentworth Co t c i w Utilities A Western. Tablet & Stationery Coal 1.25 Westmoreland Inc 1% 200 9% Feb % Wichita River Williams Willson (R Oil Corp Corp C) & Products Wilson 19,000 Feb 3 3,500 3% July 8 Nov : 7% 7% 1,900 71/a 9ft Aug Brothers 111 Aug 114ft Jan 2%s 157 Jun 200 Oct United 24 ft Feb 28 ft Mar A 7s 27 Apr 39 Nov A7s ex ft Apr 22 Dec 17% 16 Feb 29 14% Jan ft 38 16 'ft % 750 16ft 1,000 4% 4% 17 3,300 8% -- 17 200 8% 9 1,200 6% .... 7 2% ft Dec 24ft Mar 250 ~5% w__ July 7ft Sep 4% May common * Wisconsin & 93A "5% 14ft 15 3,200 Woodall Pwr 25 Lt 4 ft ft Industries pfd 36 34% common Woolworth 36 14 15 16 16% Ltd— (F .-American 6ft W) 700 26 8 deposit receipts. 16% 5s preference 13 4ft — 1,000 4 ft 100 I OsC* »~» 10ft 37,900 "ili Electric 163'ft 163% April-Oct 104 ft 1979 i Friday Penn Western 6s Period Exchange Last 15% Sale Price Bid & Asked Low Appalachian Elec Power 3fts 1970 Bethlehem Steel 6s Aug. 1 1998 Boston Edison 2%s series A 1970— ACenteral States Elec Corp 5s debs 1948 A 5 fts debentures 1954 June-Dec 4% ' "4 103 ft 1 101 ft 103% 105% 106% ' $105 ft 107 May-Nov $95 ft 100 85 " 34 1 102% 102 ft 1 April-Oct 32 35 1953—' Feb-Aug 34 ft 49'ft 1953. Jan-July May-Nov 1947 1956 coupon coupon 50 1956 Power 5s 96ft Mar-Sept 3fts 1964 debentures External 101 104% 113ft 113% 38 98 ft 117 119ft 39 104 ft 102% 103ft 68 91ft 102ft 100ft 100ft 100 ft "72 99% 101ft 100 2 99ft 101ft .May 1965—. Elmira Water Lt & RR BY cole Marelli .Elec 5s Mfg Co— A6fts with Nov 1 p: :<( A 6fts ex Nov 5s * stamped Guantanamo & A6s series A - 5 A coupon 1953 111% 52 58 ALima May-Nov Sale Price 3%s or 1963 June-Dec Ex-coupon market 59 Parana C A6fts (Dec A7s series A7s '» E (Aug 53 53 46 —_ 44 " 61 52 46 6 40 1941 coupon) 1957. L_.June-Dec 1955 Feb-Aug ... 1952 1957 > Below listed on 61 1952 73 60% 70 ;5 44 v. fts stamped reduced to 2 ft ..... 1947— 2008. D E) 30 Jan. Jan. Jan. Jan. Jan. Jan. 6 8— 8 10— Ill 12 trials 88 ft value, par principal. 11 240.68 242.29 20 Rail¬ 15 - Util¬ included in . ' ABonds 95 92 65 56 95% 70 73% 91% "w :._ 2 5 - stocks and bonds 10 First,' Second Grade Util- Rails ities Bonds 107.59 98.02 103.94 102.81 107.49 97.95 103.99 102.80 101.76 Rails 10 40 243.50 79.75 42.04 89.66 101.77 107.70 98.36 103.92 102.94 78.50 41.63 88.68 101.84 107.73 98.29 103.96 102.96 80.67 42.09 90.44 101.79 107.75 98;48 104.05 103.02 81.63 42.15 90.63 101.81 108.26 98.35 103.94 103.09 243.81 iv 5% 7 21 ft 1 54 $50 — : 23 38 46% : 54 50 2 50 '» 50% $37 39 — 91 31% 80 50% 72 $48 $76 52 37 $50 — 9% 14% 33 54 —May-Nov ._April-Oct 6 *, 26% 26% 27% 37% 34% 34% 34'A 2'A 2% 2'A 57 2'A 2 2'A 30 27% 31 4 Jan-July 18% 283 38 ... V 1% 3% 1% - 3% delivery transaction (not Included in d Ex-interest, year's range), in year's range), f Ex-distribution, gEx-stock dividend. transaction (not included in year's range), rTransaction for x Ex-dividend, no y Ex-rights, z casn dividend. Ex-liquidating sales being transacted during current week. used i," when issued; above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬ "M," mortgage; "n-v," non-voting stock; "v t c," voting-trust certificates, "x w," without warrants. "w w," with warrants; Over-the-Counter Industrial Stock Average Compiled by National Quotation Bureau, Inc. Total ' 240.40 244.72 5% 21ft — - §Reported in receivership. Abbreviations • Grade 89.33 89 (35 Stocks) , 10 41.77 95 64 Jan-July Bonds trials 79.17 74 ft tive: "conv." convertible; 53 . Indus¬ 4JH.70 9 5 being traded flat. 86 65 88.98 • 71 67 Jan-JaZy range), year's 54 Total 41.91 55'/a ft (not included 55 Stocks 78.91 71% 46 1 64 Mar-Sept 1919 Deferred a 55 ft 1 ities ft 39 2012 Under-the-rule 4 Averages roads 54 $37 1997 compiled by Dow, Jones & Co. Indus¬ 76 > (Plan A) Government 6 fts 5 10 Date— ft —June-Dec * — High 71% .... —June-Dec 1921 73 • the daily closing averages of representative the New York Stock Exchange as r Low 76 June-Dec Janeiro 73% are Stocks- High ..June-Dec 1947 to 2'fts 65 ,/ 73% Year 1950 No. — (ser A B C 70 '■ Range for Sold (Plan A) of) Odd-lot transaction e ft 54 10 Bonds Friday's 71 __Jan-July stamped 1927) 65 73 73% ...Jan-July — (July 1941, coupon) ; 73 70 Stock and Bond ; Gfts reduced (Republic de Rio 45 33% 16 105 71ft 104 ft 102% ,1/" 53 101 98 . tFriday's bid and asked prices; 1955——1.— 1941 coupon) A7s series F A7s 1 stamped Interest Peru International Power Sec— All issues 11 ft redeemed A6fts -series (Peru) (i§sue of Oct 1927) ^No —Jan-July 54 ft 67 -.Feb-Aug (Issue of May Interest $102% 104 ft Western RR— 54 ..May-Nov A 7s A 5 .(coupon on) 1958 120 •• 1955 AMedellin 7s stamped 1951 Mortgage Bank of Bogota— 118ft 57% 71 107% 116% $74 —May-Nov - $69 ft 91% 105% $74 v — -ULar-Sept (not , City A Russian Mar-Sept .ApriZ-Oct -Jan-July Maranhao stamped (Plan A) Interest reduced to 2'fts 2008——. Mtge Bank— Power 6 11 97 Bid & Asked : ..June-Bee 1953 5s lfts to 2fts $15 —• 63 Week's Range Last Period 1958. 104 114 $49 104% 50 69% 36 ft 99 ft $103ft 103% $113 ft 116 May -Nov 1961 Mountain 6 64% 100'ft $101 ft 103 ft Interest Exchange Mortgage Bank of Chile 6s 1931.: Mortgage Bank of Denmark 5s 1972 " 1 1947 coupon 1953— Finland Residential Green 1940 $52 Jan-July Mar-Sepf 1956. 69% .48 $116% 117 Feb-Auy Danzig Port & Waterways— AExternal 6fts stamped 1952 117% 103 ft 68% 49'ft Municipal Loan— 5fts External 109 ft 119 69*. 58 106 '/a 106 June-Bee 1959 A7s May-Nov 31 __ 96'/a June-Dec I960. A mortgage 4s series A 1993 <; A 1st mortgage 4s series B 1993— Eastern Gas & Fuel 3y2s 10 50 $15 Agricultural Mortgage Bank (Col) — A 20-year 7s April 1946— A 20-year 7s Jan 1947— Bogota (see Mortgage Bank of) — ACauca Valley 7s 1948 & Western RR— 1st 58 35 $102% 103'ft June-Dec Friday Lackawanna, of N J Division— ' 31 Co— BONDS 173 113ft 100 1 $15 / debentures 1954 f s Danish Cons 106% 15 90 t,' v - : coupon 1940 New York Curb High 161% ; Registered Delaware Lack • Low 166 76 1 7 Feb Year 1950 v 4 89'ft 101 85 - Foreign Governmenls and Municipalities Range for No. 106% 104 ft Newspaper Union— conv Jan 100 Chicago Transit Authority— 3%s revenue series of 1947—1978—-Jan-July Cities Service Co debenture 3s 1977 1 $163 .June-Dec Jan-July Mar-Sept High 106% 106 ft Quar-Feb - s r 106% 105 ft 102 ft 102'ft 104 • April-Oct 1946.— 1947 Traction 2ft Nov Sold 105% 108 Dec 2 Bonds 109% 105 Oct 33A Mar 2ft Nov Range Friday's or 103% 103 104 Feb-Aug r 165 Nov 35% Week's Interest 104 25 1104 Jan-July ——. BONDS 102% 104% 105'ft $104 Jan-July • 160% $103% 104 ft Low New York Curb 6F 103'ft 105% $103 ft 104% 104% • Y ".-7 Electric 3fts 1970 Service Dec Dec 107 ft May 16% Oct Dec 10b 55 Nov lft 1 "l% • 103ft 104 ft ft 105 ft Nov 15 ft Feb 105% 100 Dec 5% 15 July 600 £1 Wright Hargreaves Ltd V13% Dec 98'ft 104'ft Sep May 9 July 103% $103 ft 104 May-Nov 1969 revenue A5s income Dec 9% Jan 104 2 Woodley Petroleum 675 100 Inc 3 fts 1940 coupon 1 1 Washington Water 22 ft Mar 3% Apr 12% July 12% May 25 Winnipeg Elec "5'ft 15 1 w 4ft 15 1 x Jan 101 52 107%, Waldorf-Astoria Hotel— West 4% & stamped Aug with 37% 104 ft Bridge & Tunnel Authority— 100 18 • common preferred preferred ex 160 26'/a 43ft. 14 t49 Mar-Sept .Jan-July ——Feb-Augr (Calif) — ——1 1971 A6fts with Aug Triborough 50 26 ft 73 106'ft Hydro-Electric Co— 178% 184 ' 5 Inc Terni 2nd -A-6fts Dec 18 105 198 Mar-Sept 1973 stamped 1946 (Hugo) Industries—■ A7-4s Apr July 7% — 10 Co w • 13% 2% 26 ft 1981 1965 3rd Stinnes Apr 6% 1 & Co A7-4s Sep 2% ■ (Wm) Wickes (The) 5ft 115 1 % Mar 250 2ft . 1 5ft Jan tl04 105 Corp—/ Jan 111% 113 5 Whitman >"• 109 10 Weyenberg Shoe Mfg Whirlpool Corp :'■ 1' !''' V ' 10 9ft 6% 7% • 20 com ... 5% July _ 47 104 ft $104% 105'ft Jan-July (A G) & Bros 5s 1989— < Starrett Corp Inc 5s coll trust 1966 Stinnes (Hugo) 3% July 12 ft 12 $0 preferred • Western Maryland Ry 7ft 1st pfd__10o Westmoreland .700 110 1% ■ 1%. Jan 2% 1 „ mm.', 12 warrants Manufacturing West "Texas — 30 v 7'ft no" 1 „— -$2 cum preferred §Waltham Watch Co 200 7 100 ... 3% 106'ft ApriZ-Oct Spalding • Aircraft 3s B Gas Gas 3s Southwestern Gas W Waco ft 60% 1 $15 ! 1973 A ref Edison : Wagner Baking Toting "trust ctfs ext.-* 56 ft 5 ft 104'ft 44 I960— Water Power Corp 3s Joaquin Lt & Pow 6s B 1952 Sep Dec 150. ' 14 v u_. Feb Feb 7% 63 42 ft 98 Public Service Electric & Gas Co— 41 9% 4% 5 68 Co Venezuelan Petroleum Venezuela 7ft 46 ~2 106 ft 106 ft ApriZ-Oct 1960 coupon coupon Safe Harbor 7'ft II—1-5 preferred 1 74 Jan-July V $4 79 Hydro-Electric Co— 50-year 6ft debentures 1998. Queens Borough Gas & Electric— 5fts series A 1952—__ Valspar Corp 47 April-Oct mortgage 3s 1971—.—— —ApriZ-Oct Park Lexington 1st mortgage 3s 1964 Jan-July Pennsylvania Water & Power 3fts 1964 June-Dec Nov 25% 200 3fts 1968 High 50 43 ft 104 Jan-July Low „ 74 74 May-Nov No. Ltd— 1st mortgage 40 1,250 49 43 ft 1st Dec 4ft 2 431/4 April-Oct 1961 Power Co Year 1050 85'ft $15 Jan-July 1963 Power 3fts 1st mortgage Mar-Nov 1963 Range for Sold Dec ft l'A Mar 1% Mar 10 Utah-Idaho Sugar New England Jun 24 10 common Jan Jun 17 84 2,500 9% 49ft 43 1952— coupon Superpower 6s 85 1952 coupon 1940 Jan 1% 6,700 1% — — Italian 1940 1 Nov July 15% July 2% July 600 8% 50c A Apr 6ft Nov 40 11,200 88% Mar 1 Nov 12 13,000 5 5'ft 1 , l7/a 4% 5 1 Nov with 38'A 600 2 A 7s Aug Midland Valley RR— Extended at 4% to 4 \a 90 14% 30% 31 'ft * United Stores Corp common Universal Consolidated Oil 10,700 40 3i 2 Securities 49% ft 14 A7s with 246 i7. July 100 83 49 1952 Bonds High Interstate Power Co— Sep 4% Oct of Jan Range Friday's or Bid & Asked Low Oct X24 3ft July 100 4% Week's Interest Exchange High 7% July Feb 100 40 "mm B Universal Insurance Universal Products Co 5% "~u ~~U; - — i—1 preferred with warrants Radiator U S 200 236 25 common ; International 5'ft — 25 common class 10 100 —10 Machinery Co Low 17 ft registered common Conditioning 1st 1950 year Isarco Hydro-Electric Co— Preferred U Range for High 10 Friday BONDS Shares • Canal United Specialties 10 for Week Ltd— Profit Sharing preferred 10ft • common preferred Molasses Low 12 S*'-« New York Curb Exchange Par JANUARY DateJan. 6 Jan. Closing 8 . Range for 1951 . 44.69 Jan. 9 — Jan. 10 ... Jan. 11—— Jan. 12 .— High 45.84 Jan 12 44.80 . Low 43.37 Jan 2 - 45.25 45.53 Range for 1950 45.50 High 45.84 Low 43.24 Dec 30 — 34.25 July 13 ) I • ■ 31 The Commercial and Financial Chronicle 32 . . . (228) Transactions at the New York Stock Transactions at the New York Curb Exchange Exchange Daily, Weekly and Yearly Daily, Weekly and Yearly and Miscel. Number of Saturday 1,164,380 $1,920,000 2.783,715 3,312,COO 3,804.730 4,524.300 4,500.000 5,462,500 446,500 2,954,098 5,043,000 765,000 17,459,728 $24,762,400 $2,074,000 413.000 3,486,205 (Number Salei 416,600 3,263.000 Bond Bonds 344 500 Wednesday —] Stocks Government $154,000 Monday Tuesday Total Bank Bonds United Statet Bonds Foreign Bonds Shares Week Ended Jan. 12,1951 Int'l Railroad Stocks $2,539,600 Friday Total . 4,940,900 4,913,000 93,000 230,000 74,000 35.000 5,000 114,000 021,655 32,000 125 000 3,954,800 $326,000 $462,000 026 625 Total r: - 30,000 187,000 $57,000 $345,000 5,000 4,826,800 2,767,300 42,305 7)0 58,874,600 $27,302,000 $38,365,300 $46,132,100 Jan. I to Jan. 12 Week Ended Jan. 12 1951 of shares 1950 1951 1950 3.954,800 3,074,540 7,358,845 4.475,851 $32G,000 $787 000 $706,000 $1,583,000 402,000 285,000 616,000 460,000 57,000 4,000 72,000 22,000 $845,000 $5,000 $3,826 400 35,588,000 §1,076,000 $1,394 000 $2,065,000 Bonds Domestic $63,711,400 Total 3.0C0 11,000 1950 24,762,400 — 142,000 $8 000 72,000 59,000 UO,000 36.000 109,000 22,653,030 $5,000 5.000 Industrial & $74,000 Jan. I to Jan. 12 T $2,539,600 Railroad Total Corporate $61,000 62,000 806.995 Stocks—No Foreign $'3,000 - 764,120 f Thursday Friday 1951 30,646,195 14,944,300 Bank Governm ent 747,435 Tuesday $27,302,000 Government S. International V? »— — Foreign Foreign Domestic 387,970 - Wednesday Bonds U, i Saturday Monday 5,808,000 ______ Bonds tPar Value) of Shares) Week Ended Jan. 12,1951 , 5,909,000 1950 17,45.9,728 shares of 3,657,100 _ Week Ended Jan. 12 Stocks—No, i; ■i.-.._■■■ 1951 Monday, January 15, 1951 government Foreign Foreign corporate Total OTHER STOCK EXCHANGES RANGE WEEK ENDED JANUARY FOR 12 Week's Friday Week's L»«»< Range of Prices Par for Week Low High Low P Range for Year 1950 & * G Randall High common. new _ Tel American Woolen pfd Bigelow-Sanford Carpet 6% Edison Boston 1st pfd stamped D 1st pfd 10% class 10% class D 1st Hecla__ Service Cities Eastern Gas Common Oct —— Dec 9,959 1% 29 1 Dec 2 Dec 2% 25 80c Jan 2 Dec 11% 2,460 3'/4 July 10. Dec 12% 14% 238 4% July 11% Dec 12 y4 13 % 581 4'/4 11% Dec 11 Dec 18 18'/a 405 7 Feb 13% Dec 25 24% 25 275 19 July 24Va Dec 80% 10% 78% 81 335 66 Jan 85 Jun is y4 18% 32'/2 200 Jun 68 Feb 8 Vb July * 9% 10% 1,570 5% July 8% Dec 83% 12% 85 '/a 411 64 % July 90% Nov 11% 12% 457 2% 2% 5 10 ji Nov j — 58 ..V 58 58 19 19% 38 Electric Safety Razor Co new Bakeries Royale Copper _ 20 58 19 38 * Stores— Oct 11% 35 Avco Steel 24% 24% Feb 40% Nov 40% Aug 50% May 655 25% 10 9% 24% Dec 26% 9% Jun 48c 14 49c 300 27c Nov 75% — Jan 75 Nov 230 79% 52 10 Theatre 77% 720 49% Apr 14 14 10 13% Dec ' 72% 83% Nov Dec 11 % Mar 1% Jan 76 Dec 16% Feb City Columbia 1 Assn 5 1 Nash-Kelvinator Day New N Edison Y Mills Pacific Rexall Co— Association Drug Shawmut Stone Webster & . ! 96 % 99 19% 19% 50 7% Jan 17 % 1% 20,000 14% Jun 22% 47 VB 147 29% Mar 47% 25 % 1,223 3'% Mar 9Va 9% 405 29c Jun 1% 78c July 1 % 85c 7% 7 16'/a 85c 7% 171 16% 91 59 Dec 5% Feb 30c - Pepsi-Cola Oil Pure Radio U Jan Waldorf System lnc — 16% 31% 574 lb% July 23% 932 30% July 37 V2 658 22% 35 62% 1,837 66% 49% 1,125 53 % 150 44% 52 22 123 12% 12% 34% 40 35 1,273 July 37% 491/2 Week's of Prices Low 20 8 11% 52 Bell 16% Jun 14% 36% 24% 3% 16% Shares - Low High 25% 325 Jan 2% Apr 52 17% 18% 301 4 14% Jan 16% 17 1,027 14 July 29 11 29 Sep 46% 46% 46% 106 32% 106 .32 36% 7 50 73% 6% 110 25 106 33% 757 37 % 85 7% 1.852 73% 32% July 106 I2y8 Apr 10 2y4 Jun " 151 15% 40 % 24 y8 41% 50 y4 41% 50 y4 * 17% For footnotes * 9 Jan 23% Apr Aug 39% Dec 53% 455 40% July 26% -26% 131 16 11% 11% 242 10% July 23% 23% 233 52% . * Feb 25% Nov 13% Mar 20 V8 July 24 V8 Mar 110 47 July 53% Dec 66 Jan 92 Dec 38 356 25% Jan 34% Dec 46% 115 33% July 43% Oct 133 42 July 55% Dec 635 25% Jan 42% Dec 36 Juh 63% 92% 36% 44 % 56% 54% 44% 45% 35 - 56% 45% 35 — Oct 54 121 62% 91 9 ..12.50 48 % Nov 12% 36% _ Dec 11% Mar .. Feb 28% 63% 10 Sep. 69 17% 39 ' .8% 26% Jan 355 16% 38% " 22% 84 48 17% 38% 25 4% Jun 10 .. 50 . 29% July .« York Curb Exchange New M>' vwest Ford DETROIT Building Detroit Stock Exchange Jan 306 29 5 47 ' 6 % 14 3% Dec Dec May Oct for Week Shares Chrysler Corp 4% 430 18 y4 950 13 V2 Jan 12 y4 125 10 Jan 8% 1,300 12 y4 8% "2% ___. 10 ___* Paper common—— Motors 1 24y8 Detroit & 42% Dec Detroit Edison 60 Feb Detroit-Michigan Stove __1 2_i ___________l 16 Dec 20 45% 47 Mar 135 38'/» 38% 274 22 20 22 330 15% Jan 18 14 y8 14 % 10 11% Jan 23% 3% 3% 60 2% Apr Dec July 73% Oct Steel Corp Divcp Corporation Economy Federal Baler Mogul Frankenmuth 4 Jun 20 Friars Ale Apr Fruehauf Nov Gar : common Co Brewing Brewing 1 —1 . : u ; Industries/ 74 ; Oct ) 13 J/4 Jan 18 y8 Jun v 12 % July 15% Apr 63 July 1,024 l * 600 633. 28% 15% 3 7% : 23 7 *?.•-' j v, , t. - -« 15% 3 3 ...7 545 ~2% 1,700 ' _-l 6% 600 20c 274 20 770 4 6% r t . Dec Nov, Feb Oct 3%' Mar 44c i Nov, July 3%, J un 25 17% July 2 29 y8 8% Apr 145 • Sep 8% May 24 May Nov 900 6% Dec 7% 14% 2% 29 y8 9% 32 24 y8 25«■ ;/ Apr Dec 12% July 2% Aug, 2y4 22 Jun Oct Sqp 35% Mar i 5% July : 24 y8 1 1 ; 21V2 Mar •".« 230 Dec 21% .Tulv 8.058 1,400 * ~ ***%» 15% 6=% 560 7 : 6% 400 10 y8 6% ■; 83 24 y4 18% Aug , 7% 7 Trailer Wood Oct Jun 1% 22% 22% 22% __5 ___ 9 35% Oct 32 y4 6% ~ Jan Aug 985 14% -;.j 10 -- 28'/a July Mar 22% 10 14 1,463 17 y8 73 Jun 20% May 77c 31 % 22% 5 Navigation 6,800 S - 14% 7 Davidson Bros- Cleveland 2% - 8% 310 32 16% Apr 11% Aug 2 9 25 ___ July Dec 8% 32 : Power Continental 6y4 4% —.__1 Company Consumers 3% 17% 1 9 Mfg Burroughs Adding Machine Consolidated Jan Dec 3% 1 Rubber Market of Michigan Manufacturing High 2% 1 Metal Products Bear Budd Low 200 3% 3 2 Brewing Baldwin Range for Year 1950 High Low 1 Aug Dec 10 54 Sales Range of Prices Par Electric Allen Brown-McLaren 80 Week's Last Friday Dec 74% 3% Stock Exchange Telephone: WOodward 2-5525 47% 47 _1 page 41. 10% Detroit Stock Exchange Briggs 38% see 10% Dec 46 i 3% July 15 Members Big 47 i C+ 25 47% 26% Mar 130 .24% — 46 . — . Electric Apr 15 50 — 50 9 38 15 . Magnavox 10 4% 91% __ Bearing 20% May 73% Meteor 46% 4% > 4% New York ^Stock Exchange Detroit Lunkenheimer 46% • . 11% (new) American 36% Jan 4% July Dec 66% 10 w Feb Nov Watling, Lerchen & Co. Altes 26% 4 % Kroger 34% 9 (Ohio! Westinghouse Dec Dec 13% _—.— Dec 26% Carbide Aug Mar 4ya * 4 35 13% * 22% 106 365 74 High Dec 23 y8 Preferred 28% J1 £■■■' 27% July 6 ♦ common 172 15 Brands Range for Year 1950 * Kahn 31% Sale Price 29 10 25 Insulation 31% STOCKS 16% —* Art Dec 31% "v Crosley Motors Early & Daniel Formica 21% Jun Cincinnati Union Stock Yard Gibson Dec Jan Jan 29% July 29 common_8% Tel 27% 11% Dec * Milling Machine Street Railway Sub July 70 1.40 ______ _ Oct 122 * — Cincinnati & 4 10 Cincinnati Cine 24% ___1 & Electric 43% 21 24% for Week Par Gas 32% July 50 23% 5 Roller .14%. Jun - 24% .50 Co Sales Range Sale Price Preferred 78 27% Jan Jan Jan 115 457 12% 35% Last Cincinnati 15% 45 27% 53. Nov Feb 50% July Friday Champion Paper 14% 44% Dec Dec 60 % 122 STOCKS Carey Carthage common 15% 10% . Vacuum Sep 35 Cincinnati Stock Exchange Baldwin 10% July » Apr 36% 12.50 . Oct 255 Oct 33 • ... 54% 7% May 13% July 34% 49 common Laundry Jun 43% . mr. Balcrank 50% 209 1021/4 May 35 61% Vermont American Dec 338 34% July41% Jan 47% 52 49% 49% 47% Steel S. 230 50% 47% _ Timken Apr 8 . __ - _ Standard Apr Dec 34J/8 . 52 45 Corp Southern 14% 12% Jan 48% _ Schenley Ind Sears, Roebuck Socony Dec 8% 406 51% 11 28'/„ Juiv 50 31% Oct 34% Mar 13% Mar 20% U S Rubber Co.— Westinghouse Electric Corp 340 Dec 35% 25 '0 & Mass Ry Co——___100 Machinery 1,108 11% 30% > Jan 24% 5 * — 13% 13% 13% 31% 9 Dec 200 30 _ Dec 8% 30% Dec 91% Nov Dec 23% 30% Dec 84 V8 July 34% Dec 46% 30 Va 64% July 28% Dec 49 '•< Dec 1% • United Fruit Co.. Shoe May 19% 1% ~ 46% * Torrington United 22 10c 50 ____50 * Inc Co Union Twist Drill 15% July 10% Jnlv 50 25 Pennsylvania RR Quincy Mining Co Reece Folding Machine 280 8,509 2,573 2.50 • North Butte Mining RR Standard Oil 25c 303 9 Car Motor Nov 19% 85 _ 31% 12 83% * _ 25% Aug 18c WT* v00 _5 _ (Ind) 19 CO __ <N 11% 62% July — „ Oil 22c 208 Jun * Oil 11% 96% 74% Central Standard _100 Electric System England Tel & Tel ! New Haven & Hartford England 72% • Standard 9% May 74 Distillers Feb 7% NOV 35% 25% .11% __ _ Tel & Tel National Cash Register Pennsylvania Jun 34% Motors new Oil 1% % July 400 1% Oct • General Packard Dec 185 Electric Ohio Oct 14 % Dec 5 Dept Stores. General York 8% 440 .7 Light & Power Federated 47% 56% „ Dec 50 265 Jan 6% July 12% Dec 36% » 16 8 1% ■— 80% Mar 20 100 Cos Service National New 8 19% _ 14% 26% 52% Gas Curtiss-Wright 94% Oct 8 Dec 161% May 40 % 35 % — Jan 66% 13% — — * — 70% July — 452 47% 13% Jan Dec July 10 ' __ Products 60% July 8% July 45 Dec 43% Jan 30 687 46% 7% 9% 14b Via 193 » 25 285 1,055 190 42% 55% Ohio 905 73 Mar „ 8% Jan 32% July 665 14 14 150% 151% 7% _ Corp 110 64 55 8% 25 _ 18 129 45% 47%- .1 peso Steel 77% 30% 45% 40% 13 Mining 102 29% 10% 39 50 . 151 10 16 — 10% Feb 50 _ 99 75% 18 31 % July 46% Mar -9- 100 . Service Cities Union Racing _ Chesapeaxe & Ohio Dec 83 40 3 Chrysler Feb 18% 240 50 - 64 % 33% Aug 64% July 50 40 45% 1 — - _ Mfg Benguet New 70 77% 50% 25% * -.25 Lone Star Cement Corp.. * ' Maine Central RR common 100 5% preferred ——-100 Mathieson Chemical Corp—-— * Mergenthaler Linotype — * Narragansett * Mining Bethlehem Apr 57 300 38% 49 •0-- Airlines Anaconda May 54 Jun Jun 40 --50 Telephone & Telegraph. American 4'/a 2,043 79% 51% • • 1 1 15 Copper Boston 58 20% 20% 1 Dec 2% Dec Aug 49% - Baldwin-Lima-Hamilton 73% • B_. Gillette Loew's Oct 6% 1 % 100 100 Hathaway Kennecott 75 66 — Stores International Lines Inc. National Isle 514 46% 11% 11% Stocks— Unlisted Allied National Employers Group Assoc General 18% 16 % Oct -V 14% 10 preferred series A SS Oct 0% Street Ry— preferred 6% Eastern 16% 235 13'/4 100 1st 62 6% & Fuel Associates- Common 6% 16%. 9% unstamped—100 100 * 100 5 10 new Mass Eastern 6'% Jun 2% 72% 1% pfd stamped Trust Providence RR Boston Personal Prop First 16 % 6% common— — Bank Western Nov 51 Dec 405 203 . Nov 121% Jan 37% Preferred Armco 100 & 16% 107 3,96.) Dec 124 Mar 46% _ issued————-—100 New 5% preferred w i jo0 7% prior preferred 100 6% preferred unstamped ___1C0 6% pfd stamped 100 5% class A 1st pfd stamped— 100 8% class B 1st pfd stamped 100 Boston & 41% 114 150 x40% when Calumet 10 Printing 8 13 , " 40% 27% Mar 1,192 17% 100 $40 paid $50 paid & Maine RR— class C 42% 120 U Dec 46% American 100 Stamped 7% Feb Dec 71 % 12 12 Rapid 161% May Jan 21% 119% 125 124 41 , Stamped New 146% 351 Rai.way— Boston Elevated Boston 4,392 45% 43% 40% 25 — 150% 151% 120 iou Albany Kit 61 Boston 50 100 Copper Anaconda 150% 43% High 55% Mar 1,832 11% / * 9 • 100 * & Tel American Low 79% 11% 5 "B" .74% 78% __ _ Range for Year 1950 Shares Hiah Low Par Shares for Week of Prices Sale Price Sales Sale Price ' STOCKS Last STOCKS— Exchange Sales Range Friday Boston Stock :• Jan 32%. Nov 6,% Dec Number 4977 Volume 173 . . The Commercial and Financial Chronicle . (229) OTHER STOCK EXCHANGES RANGE Week's STOCKS Last » Sale Price / ; -• ; • JANUARY 12 for Week of Prices Pat •■■ FOR WEEK ENDED Sales Range Friday Low High - Friday '• Week's STOCKS Shares Low » Sales Range Range for Year 1950 Sale Price High for of Prices Pat Low Week Shares Range for Year 1950 High Low . Gemmer Manufacturing class B_. General Motors — Gerity-Michigan OoebeF Hali Brewing Lakes Great Lamp Hastings Hoover — —— - 9 344 8% 6% 6% 6% 19 Motor Car !—_ LI—1 1 < Kaiser-Frazer 15 13% : ' Kingston Products Kinsel Drug _i._— Kresge (S Co 38 % National Elec National Stamping Packard Motor Chemical Park , 1— — Davis Parke Peninsular Pfeiffer - Products Metal Independent Exploration Co Jan 9% Sep Intercoast 21% Feb 31% Jun Interlake 200 3% NOV 5% Apr International Nickel of Can 1,170 -"1% Jan 1% Jan International 5O0 4% 36 Dec 220 6 July 2% 3 1% 8,490 1% 21% .. 3% 4% 4% 792 3% 3% 3% 42 „• 1 - • 400 100 ' 42 4. 593 35% (H W) ' Rudy 3% Manufacturing Los 8 525 6% May 8 2% Soss 10 10 Superior Tool & Die Timxen-Detroit Axie 1% July 3% 2 Jan 927 11 July United Walker & __ _ Company _ 4% -v.' 100 Feb 2% V Jun Merchants Dec Middle 4- ■■■ Dec * 1,636 14 Jun 20% 13% 13% 14 < 1,885 10 Petroleum South Monogram & Inc Light Co Pictures Co Airlines American Power & & Radiator Amer Dec (Un) Co May 1% Oct Mt Diablo Co 15% 15% .2% 2Va 2V< Week's 100 15 7,710 '■ 16 July Apr 1 Power Tel Co American Tel American Viscose American Woolen Co & Range Low |" Corp Distillers Oil Basin Bendlx Corp a76% 150% 1,600 28 Mar 40% 8 Jan Feb 85 37% 5% ' a71% a71% 7% ■ 7% ** 14% 4% 4% 20% 21% 8% 9 257 a53% a56% 1% 54% 55% 11% Consolidated (Del) Co OnrtiSs-Wright Corp Dresser Industries DuMont .< Allen B) Laboratories Class A common— 9% Dec 7% 1,861 6 3/8 July 25% Jan tfnPont tie Nemours & 410 < . Electric Bond & Share Products ; Power & Un) -1 Garrett Corporation General ( ls. Light Co Electric Co General Foods Corp (Un) 1— (Un) i • • Granam-Paige Motors Corp (Un) For footnotes see page 41. Inc Mfg Ranch Oil 18 Vi 26 Oct Safeway Stores Inc St Regis Paper Co Finance 59% 324 41% Apr 563/4 Nov Seaboard Oil 202 33 Jan 49 Dec 15 205 620 34% 2,483 --974 100 -- <55c — .* 2 — — a22% 51% .+ ;5 _-5 — 48%17% — v >• - ' - — — __ : Oct 863/4 Oct Signal Petroleum Co of Calif Feb Sinclair Oil 85 48 %. 21 11% 45 310 15% July 22% Feb 3,135 30 5b July 35% Jun 33 y4 37 Va May 16% 325 9%. 4% 33'4 323/4 333/8 34% 34% 34% 28 22 22 a223/8 a23% SO1/* 51% a46% a47% 47.49VB" 17% 17% a2?% a277/s al29 Va a.130% 67% a2% 67 %' a3 (Un) 23% Oct Nov Solar 14% Apr Southern Calif Edison co Ltd corn- May 23% Nov 17 27% Nov 11c 8ocony-Vacuum Oil Co Inc Aircraft Company — ——_r 2 8'/a s- 1.05 28% 28% 415 27% 225 a 57% a a51% a51% a52 Vb 8 57% a57 5/s 103% 7 3/4 Ap r 29% May 29 Dec 68 48 Vt Jun Mar July 55 Va Apr 6 Nov 7% Dec 22 101% Sep 1,065 : a47% a47% 10 Dec 30 Va Dec 60 50 103% 103% Mar Vb 7 27% Sep 539 ■ 8V« 34% Mar Dec 30 in 3.00 Mar ■7v;'lV 103 Oct 53 Oct ' 4% Jan 12% . Dec 215/s 215/a 17% Feb 22 24% 24% 25 Vb 2,432 14% Jun 22% 103% 9% 105/8 2,113 7% 67 67 183 ,660 , Sep Dec -July 12 Mar 44% Mar 65 Dec a22% 47% 4 3% 7% a29% 62 %C 173/4 4% 130 44 23% 4 16% 4% 17% 45 1,557 23% Jan 47 Nov 22 24 Vb 4,233 11% Jan 25 Mar 7 7% 1,669 a28% a29% 60c 1^78 - 556 53 53% 1,526 37 Va Feb 53% 9% 9% 934 1,350 5% Jan 10 Dec 36% 353/4 36% 491 39% Nov 11% 12% Dec 17% 12% 38% 1,031 29 175,4, 18 2,059 16 Vb a805/8 a81% * 11% 38% 100 51 443 41V* 52% a55 % a56 % 5c 30c 5c 69 —1 al6% .25 34% Dec Southern Pacific 71% Railway Company Brands Inc (Un) 25% Nov 27 33% 965 preferred preferred — _——_ —- _25 31% 31% .25 27% 28 Va 32% preferred A— _25 Petroleum Corp— 17 1,500 12 Vi (573*4 53% Webster Inc a21% a2iy4 92% Dec Stone 20% Oct Studebaker Corporation (Un) -1 -1 400 150 390 15% 2,299 65 - 6,057 43% 464 15 25 22% 29 Nov 103/s Mar 22% May Jan 23% 42 July 443,4 Sep May Dec Tidewater Oil Assoc Dec 51% May 54% Oct Tri-Continental Corp Truax-Traer Coal Co July 18% Mar Twentieth 29 Union Carbide Union Oil / Jun Co World Airlines 2,674 61 Jan 93 161 42% Jan 58 Nov 781 66% Jan 89% Nov 50 17 Vb Dec 23% 25% July 36% Oct 17% Dec 3134 965 17% 18% 8,672 10% Jan a31 140 19% Jan 22 162 17 • Oct 24% 25% 455 24 Dec 24 Dec 85% 819 Nov 60 Va Feb 77% 156 71 Jun 72 V2 183/4 405 10% Apr 18% Dec 60 15% Mar 17 Nov 35 505 23 38 16 34 19 V2 8,389 14% July 24 25 1,080 15% Jun a94% a95% 17% Jan 50 8 Va 16% 18% Julv Corp (Un)_* 56 3/8 54% 56% 684 40% July of Calif common 23 35% 36 Vb 3,431 2A% MaV 883/4 May Jan 64% Dec Union Pacific Railroad Co 1% Jun 3 Oct United Aircraft Corp (Un) (Un) 50 0 a16 al634 35% al05% al04'/8 alC6ys 26% 367/a Dec Dec 25 Va Dec 11% Jan 377 all y2 aliy2 Apr 19% - July 101 21% 443/4 Dec 40 21 Carbon Oct 21% July 29% 36 Va May 213/g St Apr 178 .* (Un) Dec 3434 (Un)1 1——,—5 Century-Fox Film Co 93 a«2 a 63% 48% 24 a20% a20'/a Inc————5 88% May . 2 913% May Dec 18% 10 (Un) Transamerioa Corporation Trans Feb a94% -* Preferred 20V4 July 85% 25% 25 • 50c «. (Un) 33% 688 22 * (Un) Company 607 24 a39 a39 s/a .25 Textron Incorporated common 535% a30V4- 17% .20 — (Un)— Sylvania Electric Prod Texas Dec 52% 30 34 .25 preferred class B__— 50'% May - (Un) Texas Gulf Sulphur Co Jun 13% Mar 23% 883/4 87 %c Feb 673% a90% a92 % C 67% 673/4 of Calif preferred Jun 2,011 a91% 5%%' 50 1134 a63% 4%% 954 11% .25 36% Mar Sep 10% July 11% • Company 28% May 22% -5 "25 Swift & Co ... • —-— 33 Vb Mar Dec (Un) & 440 . Dec (Un)* 313 Jan 26% (Ind) Dec Jun 31% (N J) July 83/4 July 18 July 36% 644 Co . 16% Aug Dec 32% Co Jan 300 Jun 16 —2 32% Oil 37c 50 Feb 13 Vz 31'% 453 Oil Co 13% ■ 3,900 16 45 2.111 34% Oil 23% Mar Mar 3,449 al63/e al65/8 Standard 14 V2 May 14% Dec Dec 68 Apr Standard Dec Feb Oct Dec Dec July Apr 38c 12 15 % Sep 9c 34% 24% Dec 193/4 51% Jan Jan 686 Feb Dec 16c Jan 425 54 22 Standard — Feb r(,400 Southern Jun Oct 3,347 Oct 83 3/4 31% 73 30c Jan a— 3c Fab Jan 35% 14 ■ 2,635 35 Dec 21% 25c 43 y4 ■ 2,000 39% Aug July 34% 26 V4 -15 60 5c 7% Mar 27% July ?R% Dec 83 NOV 495 558 Co 18 27% July 29% Southern ■ Dec 29% Dec 61% Mar // _25 — 9% a— Nov 27% Nov 62V2c July preferred California Dec 7% Jan Mar 4.48% Jan So. 13% 48c Jan 53% Bunray Oil Corp common 945 5V4 July 20 Vi 1/800 Apr 5% 47 Sep 163/4 Mar 23 a 1 Standard 326 100 65c a__ 3y8 July 28% May 31 Va Oct 31% Jan, 6,105 Dec Calif Gas to 6% -.72% 700 r Aug So 73/4 Nov 47% Nov 43% Dec 22 % Jan 48% 1,146 25% 18% -172 12% 4% 30 Jan 1,329 Feb 618 10% ' July 26% 46 4.56% Dec a —_ 33% 265 26% 4.88% . a 226 -■/•'V 26 Jan . 271 vk': : 46 26% Jan 47% .25 33% May 55 % a223/s a23% a45% a4634 * .25 Dec' Jan 146 300 Dec May preferred Jan 29% July : 6% Jan 20 395- 575 50c 4.32% 19 -■27% 10% / . 20c "• Jan Original preferred 32% Mar Dec 29% , .. 2i% Corp 24 94 325 9% . 16% 71% Dec 1,040 - Dec Dec 35% Apr 241 - 14% 26% Mar 1 15% Mar 882 ■■i 32% Jan 28% A 16% 2,637 2 1 3/4 13% 14% 50c57%c — 84 .-.11% 225 Jan €% 165 _25c ' U 17% 516 —15 — 651 101 - 715 a46% a48 % 52% Sierra Jan \ 84 % 48% < 20 11% Corp (Un)— Trading Corp 8ignal Oil & Gas Co class '' 16. 16% ; * 34 i 21 • ■ of (Del) Co 34% July 569 12 ■' Shell Oil — 324 1,360 680 25'/a 18% May Dec Co— Dec 3% July .100 a98s/i a!02% »—• 63 y8 165 2,433 " . il% July 36 11% 32% 32 Sears Roebuck & Company— - Dec 21% Mar -1 (Un) Industries 12'/♦ Jan 18% 5 5 1.40 Seaboard - 14c Jan Jun Schenley . July 16% July • Corporation Dec 10 5c 10% 183 32 1 Co Dec • 2,000 2,557 32 1 Co Oil 221/4 11% • t $ 1 Drug Rheem Rice 58 32 y4 Feb Jan 1 2.50 Company Mar a48% a50y8' 16% 9 Gladding McBean & Co 1 25 Goodrich <B F) Co__T— J* Goodyear Tire & Rubber Co common—* Rexall Dec May 513/a Mar Gas & Mar 21 —-—:* (Un)—L—L General Motors Corp Public Util Corp General 8 Feb Oil (Un) 14 , Exeter Oil Co Ltd class A—; ——1 Farmers & Merchants Natl Bank—100 Fltzsimmons Stores Ltd class A 1 Florida 413/4 Dec Reserve Corporation Steel 40 19 % Dec 1.40 * 50c * (Un) (Un) Corp 60 23%' Dec 21% 6,885 1 America Pictures 3,067 j.'' 4 Emerson-Radio & Phonograph— 16% July 9 V* May (■" 173/4 27 Va Jan 1.85 ——— of Corp 23% 25c Jun 11% 10c 1 21% May 29 Vi 21% 5,819 1.70 3 23 ■ 632 245/8 18% • (Un) Jan 133/» 2/Va 9% 1.85 25 Richfield 25% (Un)-—5 Co Corp y2 5 . (Un) Ryan Aeronautical Company— 21% Dec Dec July al7% al8% 173/8 , 2.30 27% 8V4 Jun Oct a913^ 3913^* 11% 8c Jun 16% Mar Jan Jun 9% , 213/4 1.25 Apr 610 Jun 11 32% a49% 27 % 725 ■: 8 70% 22% — */8 1,425 20 3Va Feb 26«/B 3.00 10% 37 Vb Jan a3l)3,4 e3o%" 32 y4 v . 10 Dec 30 7% 25c . 43 Vt Dec 1,485 12% 28% - 43% 3,100 56% a23% a243/e __ 554 433/b 4% 750 20% a30%- 42 11% 4,178 26% _J >■ Jun Nov 3% 840 50 —__33%c 59% - __ Ea&tman Kodah Co ———'•——-—19 Electrical (Un) (Un) 22% 28%- 23% 66% 11 a27 y8 a27% „■ 20% July 49 % July 100 4% 17 85 Jan 155 * 10 % 133^ ' 10c Co——: 1 66 %: 4% 33% Mar 31,025 common..: new Co RKO Theatres 13 74 y2 27% July 1 % Dec 14 Incorporated (Un)—— Radio 84 20 % Mar (Un)__1 1 »V4 -1 Inc— Corp Republic Republic 15 &ep 38c Pictures Corp 66 % <- .———50c Inc RKO Jan 13% May 53 3/4 Dec 4 i—al02% Douglas Aircraft Co Inc Dec 50 & — Oil 159 21% (Un)—1 common Pure Dec 4% of America Inc. ,. -1 Eeilerbach Corp (Un)'j——5 ^ ■ Class A ——V-—•--- Pullman Feb Jan 733/8 Creameries Crown Philco Apr 665 _A (Un)_: Dec 7% 20 2% 84% Power Co Oil 19% Jun 49 % 353/4. 90c i/j-4 624 100 Airways Inc Dec Jan i tUni-./.'———'* Continental Motors Corp (Un)—1 J. Continental Pictures Jun 6,615 35% Dec 52% Sep 25c 10 * common World American Phelps Dodge Corp 6% Vultee Aircraft. (Un)—1 Consumers Tele & Dec Apr 3% 2% 1 a51% a53% :• Co of N Y (Un)-: Engineering Corp Tele Paramount Jun % Apr 1.05 Aug 133/8 Ltd Aug a52 ———— consol Edison Petroleum Pan 23% Jan a67 25 preferred Pacific Sep Dec 215/a 25 25 — A 43/8 43% « 11% Jan 70c July 1% Oct 29% May 342 38c —8 (Un):., Company Lighting Corp common Jun ' 300 18% Jan Jan 215/a 31% 16% Company Dec a66% 13% Indemnity 31% 9,010 a57% a58 Vb i 150 32% 25 Dec 5% a57% —' 59'% a30% a30»/8 1 preferred 42 % > 38 % ' a51% __ Jan —1 25 Pennsylvania RR Co Pepsi-Cola Co (Un) 5% — 100 (Un)_ 100 Corp preferred 1,831 1,700 1%. 2,800 19 17% Pacific Western Oil Corp common Packard Motor Car Co (Un) Oct 9 95'C al7% Pacific Dec 54% Jan 6,623 27 common redeemable 7% 10/a Oct 1.40 14% July 24% 306 8,225 4 2.50 Elec & 15 3/8 a51% * Consolidated Gas 35% 2,445 1% 47 ll3/8 133 Jan 14 1.45 10 Mar 10 28 10 3^ of Calif 08% 1,950 - 9 % Jan 24 y4 910 3 5/s a 30% Corp 3% 2,235 19% 42% Sep Jan July 1,194 28 344 1,20 a47% 9% 1,971 4% 18% 7% 7% —1 16% 916 21% Jan 16% 344 10 — Inc. 3% 690 4% 2 5 1 28 % 2,986 13 % ■ (Un)__L_—*.—25 Caterpillar Tractor Co -tUn)10 Certain-teed Products Corp 1 Chesapeake & Ohio Ryv.—•-—25 Chrysler Corp 25 Cities Service Co (Un).: 10 Clary Multiplier Corp i—1 1 Colorado Fuel & Iron Corp common—* Preferred ■————20 Columbia Gas System Inc (Un) ■* Commercial Solvents Corp lUn) • Commonwealth Edison Co (Un)_ 25 Cons Chollar Gould & Sav Mining_i_l (J I) 16% 27% 27% __1 (Un)—.. preferred Pacific Dec ; Case 1,597 24 Pacific 42% 104% Packing Corp common« Pacific Ry Co (Un)—_—25 Canadian 3934 (Un) Finance 4.80% Dec 4 Co '37% 36% " ■ 45% 55% Jackson 3,730 —1 Company Co 5% 161% May a__ 301 19 V4 8% 1—— Jan. a—' 1,670 10 (Un) 146% 70 1,050 Company (Un)......i—-i—15 Borg-Warner Corp (Un) 1 A Broadway Department Store Inc 10 Budd Co (Un) * California -3,090 12Ms Borden Byron 135 47'/a' —1 Oil Corp 1.15 Jan a66% Co__. 5% Mar Feb a56% Airplane Co Chica Boisa 21 Oil 6% 16% May 67 % Oct 22 11 % *7% Corporation Aug Oil Pacific Dec 175 46% 11 % — Diamond Boeing 151%, 5 Bishop Oil Co_J 1.00 (Un). Corp Railway Co Petroleum Edison Pacific Dec 14 111V2 July 54% May alb7% al52% aieo'/s (Un) (Un) 13% 954 * 44 Jan a44% a45'A 41% Betmenefti Steel Corp Blue 150% ' Mining Co (Un)—50c tUn; * Aviation Corp Renguet Consol 1.05 23 4,715 193/s (Un) Aircraft Ohio Jan Dec a__ 93/4 Pacific Oceanic Apr 3% 5 29 V2 July - 100 13%, a61% a62%. — ' ——-—.—20c Co 12% a75% a76%" Corp common 9% (Un) Amer Aviation Inc Ohio 38% a__ 1,228 RR Central Occidental High 2% July 660 ■ 14'/», al8al8V8 —' • 46% 13% — 100 Bandini Petroleum Co_— Bros 45 —' * —13 Baldwin Securities Corp ——: 75c Baltimore & Ohio RR Co (Un)___—100 Baldwin-Lima-Hamilton Barker 984 Co Corp Manufacturing Avco 59%. Low 20% July 2V4 Dec 350 45% North y 180 59% York Northrop 200 3% 4%. 59% (Un) .——14 lU'n;——:—_—*.' Milling 25% 3% Corp Copper 8% — Prod North American Co Range for Year 1950 . - 4% ' 200 9% (Un) City Lines Inc Northern Shares High 24"% — __ (Un)—30 Armco Steel Corp (Uni—— 10 Armour & Co (111) (Un)—— 5 Atch Topeka & Santa Fe Ry (Un)—100 Atlkntic Refining Co___ —25 Anaconda Dec 35% 19 Nordon Corporation Ltd for Week - __ (Un)—* (Un) Oct 7% — Nash-Kelvinator Sales of Prices tUn;—• American Smelt & Refining Co Dec 63% Jun Motorola Inc 1 can 73 ADr 6V2 433/8 9 • Light Co 81 Apr Montgomery Ward & Co Inc (Un) (Un)_— Inc American 50% 45 2% Montana Jun (Un)__— Axlis-Cnalmers Mfg Co 600 325 21% Jun 9% 1 Feb Sep 787 (Un) 13% Oct 10 9 Va a— 7% 35% (Un)_ Jan Last Mining Co 12c Jan 583/4 Corp Feb Corporation July ' Dec Apr 7 80c 7% Corp 8c 4% ft— 16 58 34 — 4% (Un) 1 Chemical & Dye new common..• Allied (Un) 800 Par a753/8 a773/4 13% 461 . 7%c 33/8 9% Sale Price Alleghany 1,000 Co 7% STOCKS Alaska Juneau Gold 7%c 20 9 Friday Admiral 9% July 14 - 100 7% Angeles Stock Exchange ■■-J 1.371 15 3/8 Company Utilities Minnesota Power Nov New - 15%' 54% Aug 52% 1.33 National v': 38 V4 Mar (Un) Manufacturing National '• 180 52% * Company Menasco 22 1 Los: 36% Mascot Oil Co 5% :■> Feb 2% ; Magnavox Apr Jun 20% 1 Wayne Screw Products Dec 13 y2 25 % Mar (Un) 11% 8% Mar ? V340 Inc 1 __ _ 4% 4% 3% Mar 21% - Apr 18 155 5 Angels Biltmore Hotel Co 14 1 _ ___i_ Radiator States Jan 3.50 285 • 4 _ - Investment Union 100 ■ Loew's 13% Dec 5 '• Udylite Corporation • 11% Dec 24% 1,000 9,570 4% ■ 1 «' Dec Jan 12% May Sep 2 ■ 2.10 Dec 7 %c Jl 1 Los Angeles Investment Co__^ 8 — 2,400 58 Nov May al9 1 Jun 2% 1 8% 10c Jan 1 - Jan 2c 7,295 Oct a Corp 3 15 _ 35% 4,000 - ' —7 Dec 11% — Apr a38% a39% • (Un) Nov 13% common- Dec 4% • —— 1% 11% B 18% Jan 630 18% 11% _ 17% Jan 234 600 14% class JUly 9 V4 2% "/ 2.60 18% - 420 70 a 60 2.50 Co__ Petroleum Aircraft 59% a 4% 13 V« 1,001 22 % 73/8 400 1 Tube Lockheed 1,645 17% 20 16% 3,550 10 Standard Lincoln Jun Dec 73/8 1% 8 1 —. common Manufacturing Manufacturing Jun 46% Jan 56% 2.50 (Un)— Libby & Dec -16% 19% Sheller 8cotien-Dilion McNeil 51% 10 Lane-Wells Company Lib by Nov 2.110 1 1% 5 Paper 3% May Jan 4% 2.90 11 (Un) Company Sep Feb (Un)——8.75 19% — Raisin Kern Gas 14% 1.55 4% 10c Copper Corp County Land Co Dec 11% Mar 1,600 2c Company Laclede 160 Vb 59 16% —7.50 (Un)— Kennecott Jan Mar 101 2.10 2c Int'i T'^.l & Tel Corp (Un)___— Dec 472 ■V • Kaiser-Frazer Corp Kansas Power & Light Co 3% Dec 11% 4.370 93/8 (Un) Jade Oil 48% 15% ioy4 Corp (Un) Paper Co 190 High Jun 9% July 4,113 56 25c Corp— 3 Va 2 River Iron , 33V3C 3% _ Co & Petroleum 12 % 34% 2.00 58% 100 (Un).. Feb 23% : ' Rickei Co 1% July Oct Jan 3% July 2% Dec ~ RR 2% Aug 2% Aug 2% Apr ■ Central Jan 7% Apr 15% 5,712 4% ! — 1 465 42 Jan 1% 200 4%' * Brewing Imperial Development Co Ltd 130 14% 1 a.—- Illinois 3% •;/ —— Oct * * i Corporation Dec 697 • Oct 14 Feb J._ *—.— Car Hupp Sep Jan - 187 15 1 • 15% 910 1% 21- Co— 19% Aug 7% '• 1 . — Corp new common Jan 13% 4 common. Holly Development Apr 10% July 3% Feb - 11% 5 12 38% 10 ^ Weld Corp— Oil a49% a50% 3 — 12% n 7% • — • California class A_» 6% - 26% 4% pfd Hudson Motor Car Company.— 12.50 Hunt Foods Inc——, ——6.66% 37% -- common Corporation Murray Oct 1% 1 Products Oct 2% 1 Screw 2% July Hotels 6% 375 ■ 7% 1 Va 1% ■—2 Michigan- Sugar Hilton 6 200 - V 4% 1 Masco Feb vUn» of Co (Un) 17% - 6'/4 25 %- —-i Lakey Foundry & Machine 11% ' Sep Oil Honolulu 415 14% 7% 1 — S) 7 Va, , —- Apr Hancock 6% AUg 1,060 17 16% 1 „ Greyhound Corp Dec •4% Mar 318 15 Va ' 6 «%. , 12% r*_—-f King-Seeley . Oct 4% 600 19% 15% 14 Ry Co 54% 624 . 1 Howell Electric Motors__ Great Northern Oct ' common _.—2% ii.v.tau«nle-ner&ney common Hudson ' 1 4,425 16% Dec 3 6% 10 Bearing——-—. Manufacturing 43% 750 2% 6%; . 5,937 4% ;: ' ;2% „ —2 49 9 * __ 5 11% Mar 1,997 4% 2% — 17/ 47%" —— 1 Co 15% 48% I _ — — & - & Chemical—*i. Oil Ball 16% . -—10 — Manufacturing Hoskins —. Corp— 1 — 15 < - Jun Sep 25% Jan 55% Dec 36 Dec 295 85 Feb 104% Dec 271 26 V4 Jan 37 Va Dec ;t The Commercial and Financial Chronicle (230) Monday, January 15, 1951 ;.. OTHER STOCK EXCHANGES FOR WEEK RANGE WeekV Friday Ruure of Prices Low Par United United Paramount Lines Air United (Un) Inc 4 V8 4% . 4% LV 200 16 4% 18% 18'%-,; 326 17% Mar 10 United 8tates Steel Corp • Universal Consolidated Oil Co 10 Universal Pictures ~ 1 Van de Kamp's H D Bakeries...——^ 62% 52'/a 203 38% 45% 44% 46 4,973 64% 63 65 1,245 10'/a al0% 30 (Un) Pictures Inc Warner Bros <Un; Air Union Tel Western Willvs-Overland Woolworth Zenith Jan 40% Feb 63 Dec 10 Va Dec 10 Va Dec 14% 200 12% 11% 17 Jan 1,003 Dec a27% a27:!4 27% 12% 12 % 26 41 19 % July 13% Dec Jan 7% 280 21% . Jan Jun 41 % 19%. July 969 12% Apr 16 V® 29% July 5% Mar Sep Jun 36 General Box Corporation General Candy Corp General Electric Co — Motors General Gillette Safety Razor Gossard (W H) Drug Stores Great Lakes Dredge & Dock Gray 35 1,262 10% 11% 2,440 44 % 849 43% Dec 49% Feb 10c 9c 12,400 2%c Jan 17c Apr Greyhound Corp a51'/a a52 % 175 48% Dec 48% Dec 11% Dec Lakes Great Towing Hlbbard DAYTON & GERNON common — Co CHICAGO 3, ILL. SO. LA SALLE ST. Hydarulic Members: Midwest Stock Exchange Brick Central Steel Indiana j pfd $6 Co LISTED AND LaCROSSE MADISON Harvester Packers, Ltd Paper Shoe Iowa Midwest Stock Exchange Week's Last Range Laboratories Corp Ball Shares Range for Year 1950 Gas Equipment 45 44% 40 635 Dec 54% Jan 27% 27% 28% 4,175 19% Jan 27% Dec 16% 16% 16% 100 15% Dec 18% Jun 25% 17% Jan 39 24% Allied Laboratories American Airlines American 26% American Rad 1,800 American Tel Anaconda Asbestos & preferred & Santa Fe (Un) convertible $1.20 Topeka Drug Co Apr Koppers Inc Co Kronp Forge CO: Laclede-Chris.ty Co Lamson McNeil & LJbby—_—— Lincoln Printing Co common— 39% 39 39% • 1,000 13% 13% 14 3,150 18 18% 297 12% 13% 2,100 150 Va 151% 26 % Laclede Gas 42% 47% 11% 1% 1% 12% < 28% 30 28% 28% Jan 16% May 161% May Dec Medusa 47 V® Oct • 38 % Binks Dec 7% Jan 1 Jun 1% 20% July 27% Apr Oct 24 July 28 103 % Piping Fisheries Bruce Budd IE L) Co 3 Dec 5,300 5% Jan 9 Ye 33% Jan Burkhart Burton-Dixie Butler Manufacturing Corp Bros Canadian Pacific (Un) Carr-Consolidated Castle (A Centlivre M) Co & Brewing Central Illinois Central 111 Com Secur 4 Service , J Vultee (Un) Detroit & Corp 25 16% 18% 18% 900 Du Mont Lab du Pont States 34 Feb Northwest 20% Nov 15 % Nov 4% 1,100 2Va Jun 23% Feb 25% 15% 3% 550 14 % 3,500 33% 34 2% 14(4 Mar 900 3% Inc (E I) Kodak Mills Four-Wheel (Peter) of Oct 3 Feb Mar 5 Oil Packard 30% 38% 2% 700 23 % 100 1% July 19 July 16 70O 12% 50 Dec 11% July, 9(4 Mar : Feb 2% Jan Dec 23 Pictures Coal Co conv prior Peabody 5% Penn Dec Apr Peoples Gas Light & Coke :64% 150 61 Nov 67 Apr Jan 23% Dec Potter : 38% July 52% Dec Pressed 115% 115% 72% 1 74% 83% 24 . 23 40 2,365 84% .25%. 262 5,500 87 87 43% 45% 352 31% 33% 581 30 30 45% V 250 50 25 ■4 7% 89% 63 100 Apr Jan 114 Dec 119 Apr Jan 651/4 July 14 Apr* 73% Jan Pepsi-Cola Co (Un) Co Brewing 6 10% Jan 14 Jan 4700.. Nov 7% July 20 Nov '4< ™ Nov * - 400' 4 50 44 v 150' 3% Feb 9% Oct V I 23"% Apr 29.% Dec/ 61% . 4% 2% July 4*1254; Jun 17 7%'July '18% July Apr 36 % May Dec 595 23 %, Jan 33% Dec *200 35% Aug 60 Jun ; Sep 8% July 15% July 7(2 Jun 11% Feb 20 V® 23 32% Apr Dec 5% 4% Nov 150 16% Dec 19% 550 28% Apr Jun 37% 36% 37% 21% July 28% Jan 40 Sep 6% 250 7% New common RKO Pictures 20% 30% RKO 34% 165 Dec 32% Dec 9% 10% 2,100 5% July 9% 20 13% 32 y« 34 1,390 22% Julv __1 11% 12% 4,600 7% 5 7'/4 7% 600 7(4 Oct 56% Oct 6% July 16% July 4,900 • Dec 11% May 22 May 9% Jan 15% Jun 450 24% Jan 35 Nov 5% 5 700 600 3% Feb 5% Jun 21% 24% 9,900 11% Jan 21% 18 17% 18% 1,600 12% Mar 18% Dec 17% 17% 200 16% 19 Aug 18 18 18'/a 2,110 50 8% Feb 11 Aug 10% 30 Va 14 y« 1% 31% 48 20 % 4% 11% 21% lOVa 10% 8,900 9% Dees- 13 Mar 29% 30% 1,950 25% Jan 14% 2,650 10% Jan 33% Apjr 18% Apr 1% 9 9 13% 16 Sep Dec 21% Mar July . 2,200 1% Dec 3iy8 32 1,820 28% Dec 35% 47 48'4 1,777 26% Mar 46% Dec 20% 20% 254 19 20 Dec 4% 5,800 1% 4% 11% 12 21% 1.400 35 35 17% 50 10% 9% 9% 20 25% 16% 16% 50 23% •V Apr Feb 4% Jan 12% Dec 22 Feb Oct 26% Apr - Jan 9% July "5% 3,700 1,455 24 Dec 3% July 7% July 1,406 21% 6% Dec 15% Apr 23 Dec 15 V Feb 17% Nov 14% Jun [4 4,790 410 107% July 10% 5,100 7% July 6% Jan 10% 7% Mar 13% 9% 10% Raytheon Corp 50 10% 14 200 37 37 100 25% 26 ('2 10% 14 14 26% 3,020 " 28% 1,100 28 , 27 23% July 24% July * 980 26% (Un) 103% 676 32% 17% 16% 17% 4,400 12Vs 3% 4y8 3% 4y8 Co (Un) 11% 12 8% Nov 14% 15% 646 43% ... 45% 1,783 7% 1,700 43(4 41% 43% 900 7% 7% 7% Dec : Oct 27% f Nov 30 Apr 40% Nov 260 15% ; 44% 7% Nov 1,670 1 5 50c * 2% 4'/a 4 Dec Mar 35% Jan • 1 Remington Rand 12 Feb 200 46 % 47% .136 <* common 22% 139y® May July 133% 136 34% :> 34 -* Corp common Mfg • * —4—— America Corp of Radio 25'/a 115% 118 (a 24% .. 34(2 -44'7 48% ' ' 1,000 137 Nov Dec 35 Nov Jan 23% Apr 13 Dec 10% July 14% Oct 23% Jan 47% Nov 5 July 40 Jun 7% May 46% Jan Dec 29 % Apr 38% 24y2 _———— Theatres 27% 3% 66% 750 19 (a 5 % Mar 2 49% July 663 8 13%- 33 V2 Oct Dec Jan 7 ' 44(4 8 19% 87% 14% May 33% Mar Jan 2,550 Quaker Oats Co 47% Apr 37% Mar Dec 50 17% Dec Richman 10 11% class A.lOc 5 Jan 12% Dec Jan 8% May 11 Va Oct Sangamo Electric Co—.—— * Schenley Industries — i—.--—1.40 Schwitzer-Cummins Co 1 11% 11% 600 5% Mar 32% 150 26% July 4% 250 3% 79% 81% 394 54% il 31/64 43,300 16% 84% 47% 125 « 1 10 1.25 16% 83% 85 46 48% 119V2 125 116 Public Louis Service A com Sears Roebuck 19% 20% 15% 15% 15% 12 13 Feb Serrick Jan 5% Dec Shell Jan 83% Dec Shellmar ai Dec ViT Dec Slgnode Steel Strapping 16% NoV 21% Sep 61 Jan 85% Jun Corp class B common Oil Oil Sinclair 4 Co. Prod Corp 401/4 July 52 78% Mar 116 Dec 90 Jun 125 Nov Southern 15% Nov 19% Dec Southern Indiana 13 Southern 1,300 Dec 22 Jan 8% Dec 12 Mar 9% 2,400 5 Apr 9% 9% 100 7 Dec 267 600 9% 10% Oct Jan 4% 5,200 South Spiegel Bend Lathe Works Pacific Oo__;— Standard Dredging Forgings Corp Corp Oct 36 36 300 26% Mar 37 39% 850 14% 4 450 28% Aug 9% July 39% 13(4 14 Oct 40 55 Nov 31% Mav Nov Dec 52% 52% 53% 1,725 1 15 -* 14% 13 %. 14% 650 54% 55% 91 July 10% July 41% July 26% 28% 2,000 23% July 17 17% 1,650 12% Jan 23% 35% 2,700 22 Jan 34% Dec 4% May 6(4 Dec 28% • . ; 17 35 x34% 6 6'% 400. 15 6% 26% 26% 27 5 24(4 23 24% 250 11% 11% 11% 3,400 20 20 % 66% 12 1 Gas & Elec—.——• Inc Standard 7% * 5 Co Jan 38% —* Corp Society Brand Clothes Inc Socony Vacuum Oil (Un) 538 9 - Co & 36% 52% Nov - —— 20 116 20% ~9% 100 2,039 * St 4% 80% Co Jan 31% 1 Bros 30 - 41. 16 12% July * 26% Nov 84% Oct 9% Inc.——5 page Jan 5% 25 y8 28% 10 see Nov 7% 17 91% 1 Co 4% l'7/a 5 24% A—50 10 Public Service of Indiana common • Pure Oil Co (Un) ——• 30% 32% 20 Oct Jun July 4 5% conv Jun 1,785 34% 26% 1 35% 32% July - —1 Co—.. Dec 31% 63 preference series Public Service Co of Colorado 4 '/a !o 38% July 29% July Jan — (The) Steel Car 28% 32 Vs 19% Dec ' 7;200 3% 50 100 33%c Republic Steel Corp (Un) Rexall Drug (Un) — 17% 2,000 1,400 ' m 350 9% 63 10 A— Pennsylvania RR 15 115% 16% 8% 31%: 31% 5 25 preferred Electric Switch class 35 35 Dec 6% 4,190 15% Dec 19 Dec * Jun July 10% July 150 4 760 7% 18% Nov 12% 715 2,100 17'/a 20% * common 1,500 25 500 744 5 13% 95 1 *,500 20 (Un) 36 'A 53 4% 5% 20% Apr 25 fr* 85' 5% Oct Dec * Airways (Un)_2% 1 Parken Pen Co 22% 37 25% 4 11% 300 16 * 20 (Un)— Car Motor 176 95 500 15 * Oklahoma Gas & Electric new Pan American World Paramount 52% < 4% 9% 8 12% 95 1,850 4 6 16% * * Co Dec Auto 16 y4 ' * 1 (Uh) 35 % (The).— For footnotes Edison Ohio 19 Corp.. 21% 5% 36% 1 13% 15 America 10 % 20% 7% July 13 % May 15% warrants 35% * Drive 200- 2 Co purchase 12% Mar Mfg.. 10 6 50c -5 (Minn) 26% (Un) 18(4 Mai- 21% 1 —— 11 % July Railroad Falstaff Brewing Mfg Stock 12% 5 (Allen B) 14% July 10 10 Corp Power 1,000 class A 500 10 13% de Nemours (Un) Paper Corp Oak 14% 24% 7% Mar 2,487 16% 35 Bancorporation 16% Mar • Dec 25% 16% 35 Co American 1*4% July 64 22 (a 25 1,000 Car Corp North American 23 % 16 Dec 16% 1 29% Co Electric Controller & Fox Illinois Northern 22% Dec 3% Jan 15% 6% 18% (Un) 28% Nav (Un)— Corp Finance Corp Chemical Flour Northern 1,877 29/64 Erie Jun 8% July North Oct Jun 23% 13% 14 10 18% Aviation (Un) 181/4 3% - ' 7 800 Mfg & American 20% 22% 4% Jan 16 25% 10 13 Doehler-Jarvis Eastman July Tile York Central RR Ohio 23 14% Aug Dec 9% July 1,000 — 18% Dodge Manufacturing Corp Eddy 13% July 200 13% :4: 7 6% Co 28% (Un) Cleveland 21% , 10% Corp (Un)._ Cooker 13% (Un) 46% 42 Company 73(4 May 14 Oct _25 Curtiss-Wright Dow 250 10% July Aug 16 Dec * America.... Motors 38% July 6 % Inc (Un)___1 Co Domestic 31% 12% 13 * of Ccrp 925 Aug 25 Aircraft Power Continental Crane 100 200 17 5 Inc Co Gas System Container 12% 20% 1 Commonwealth Edison Consumers North 16% —100 Foods Inc Consolidated New Oct 30 Clinton Columbia Sep 161/2 9 12 % July 55% Feb ' 12'/8 • (The) National 11% Jan 11% 350 20 Cleveland Elec Ilium Co Coleman Dec Dec 14% 567 10 %lic preferred Dec Jun 49% 15% 66 % " common 367 Muter 43 1 Co 43% 22% Oct Standard 63 % 25 Cleveland Cliffs Iron 52% 10% common Pressure 2,600 preferred 1 * Chicago Milw St Paul & Pac Ry * Chicago Rock Island & Pacific Ry—* •Chicago Towel Co common * Cities Nov 1 25 Chrysler Corp Dec 42% 53% National 30% 1,450 1 preferred 11% 876 44% National 11% Convertible Convertible Oct 720 41% Nash-Kelvinator 15% * (Un) 32% 25% July 2,794 14% 53% 3 Feb 14 % 5 Chicago Corp common 35 13% 52% Motorola 1% Mar 1 Products (Un) 32% Jan 14 fa 25 6% 8,000 * preferre'd Convertible Certain-teed Cherry Burrell Corp Chesapeake & Ohio 34% 1,229 % July 3% July 1% 11% 5 common Dec 3 Jan 15% 50c Light Co 56 % 67 Jan UV2 10 Cqrp 37% 2% 11% 15% 1 Central & South West Corp. 660 65% 35 % 2,100 25 Biscuit 59% * 750 2,090 10 Oct 58% * Co 56 5% 12.50 __— Oct 10 Jan 33% Mai- 41 Mfg Co. Chemical 250 56% 16% > 4% 27% July Montgomery Ward & Co 18% 1% 8 common Modine 450 4% * (P) Apr 39 52% 2.50 14 345 6% 10(4 Missouri Portland Cement 10 Co 21% 950 4,500 41 Minneapolis Brewing Co -.5 (Un) Jan 18% 10% 15% May Dec 30 4 1 Miller & Hart v t c common Oct 5% 5 1 61 * Dec 7% 53% 14% Jan Mar 25 149% 55% 1 Co— Corp Oct Nov 0 Feb 1 (George 32 8% 34'% 34% Supply & 4% July 1 May 325 1,800 * W) Corp Borg-Warner Corp Brown & Bigelow Borg ' 50 200 Nov Midwest 37 1% Nov 1,500 33% Utilities Inc South Middle 17% lp (Un) Manufacturing Booth (Un) Corp 29% • 34% Brick Inc Mickelberry's Food Products Monroe Corp Apr July 10% ——• • Metropolitan 11% Co Cement Portland 40 % Jan 400 8% 7% Bethlehem Steel 21 Jan 4% 60 % * Marshall Field & Co 27% 15 3 Benguet Consol Mining Co 29 1 * 1 Lindsay Lt & Chem common— Lonergan Mfg class B— Louisville Gas & Elec (Ky)— 27% Mar 750 152 % 156% 7% Dec Nov 600 2% Berghoff Brewing 22 * 10 20% 10,700 1% 38% May Jan Dec 146% 760 11% 55% 400 8% 10 Co Sessions & 17% 11 % July 1,418 47% Jan (Un)__ Co 9% v 4,500 41 ——5 25% Dec Jan lYa 53% 7 7% Aviation 500 18(4 * Libby 7% Bendix (a Nov 9% 10 7'/a Leath & Co common 10 4 30 43 59% 5 4 —.... Dec 2% Mfg Co 36% July 29 * — 4% 5'% Apr 3 Belden 121 24% 24% —5 University Extension Salle La Nov 3 Co 39 4 1 -• Supply com—* 1 10 33 %C —; Switchboard & Knapp Monarch Co 5Va Automatic Washer Bastian-Blessing Jan 6% Mar 23% Mar 4% 100 2,050 Avco Mfg Corp Jan 2iy4 July 12% 8% 11 Va 750 18 Jan — 400 350 2,337 Dec 4 25% May 19% 10 22% 2% July 100 Products Corp Athey Jun — 3 * 12% 27 38% & 8% 30 Peb Dec 10 Light (Un)—. 1,050 Refining Co common..1 31% 6% Apr 30% Mar 4% 1 Co 150 11,950 8% July 4 5 common Manufacturing Ashland Oil Atch (111) 24 23 9% 47% Dec 4,750 4% 10 Dec 11% 4,100 4 50 Oct 13 % 15% 9% 150% (Un) 29 % Apr July 21% July 9 % 27 7% Sep 100 Co Jan 11 13% 8% Nov 13% 25 1,500 4,300 25% Jun (Un)__* (Un) Co Co San Mining Copper & Armour Tel & Steel Armco Stand 50 15 12% 41% 6% • & 30 15% 5V8 Julv — Oct 27 100 — 17 26% r 650 • 14% Aug 59(4 7% 1 (Un) Co (111) new w 1 Invest 890 29% 8% 9% 15% 19% 13 V2 7% 50c 1 Nov 10 10% 7% 1 Brass Mfg Alleghany Corp (Un) 13 7% 10'% 5 Akron July • Elec (Un) Kelolgg ' Affiliated 10 y8 11% — 5 Roller Bearing & 400 24 Kelley Island Lime & Transport High Low High 1 Mfg Co Advanced Alum Castings Aetna Katz 10 Adams (J D) Oct 12 13% 8% Shinkle Shoe—* City Power & Light • Power & Light (Un) 75 Kansas —* Acme Steel Co Admiral of Prices Low 5 & Stephens Kansas for Week Sale Price Abbott Johnson Sales Par Power 3 * (Un) Tel & Jun 30 * Co & 1% ' Friday STOCKS Tel Gas Feb 1,300 15'/a 15 12 15 7.50 (Un) Dec 3 11% 12 1.5(2 * International Illinois 31% May 13% 0 International 22% July 65% * Steel Iowa 1,800 Oct, 2% * International Dec Jan 1 Co Products International CLAIRE EAU 26% Dec Aug 100 International MINNEAPOLIS 24'% 9 Indianapolis Power & Light SECURITIES UNLISTED 1,185 44 Va Inland MIDWESTERN Dec 41 10 ; RR Pneumatic Tool— Independent Chicago Board of Trade Brick Press Illinois Illinois Telephone Central 6-0780 Feb 10 % 1.250 25 —1 10 50 Bartlett Huttig Sash & Door common 105 25% 1,250 11% 1 3 Corp Corporation Hupp 24% 18% 69% 1 . Brewing Co— Spencer 9% May, 54% 30% * (Un) instrument (G) Werner 60% Dec 14% July 7Va Apr 11 1 Heili-mari Jan 43% 530 28% Co Hein 41% 6,800 17% Nov,- 68% Griesedieck Western Brewery Hammond 2,045 49% 9 Va 3 2 Hallicrafters 51% 47 25% 30% 14 17% • 100 Greif Bros Cooperage ciass A 8c 1 Oct 16 2% Aug 50% 51% 48% 1 * (Un) Graham-Paige Corp 44% 34% 11% 55 1% July 13% July * Rubber Co.—* Tire & Co High 45% July 3,100 44 50 * (Un; Co Glidden Goodyear Co new 4 600 4 27s Low. • • 14 — 1 • —* Refrigerator Co Gibson Range for Year 1950 . 5434 (4 2 2% 5 5 Public Utilities Shares Jli'th 54 — • (Un)— Corp General of Prices ' 5 1 5 Transportation General Anier 10 (Un)— Corp Radio 25% 12% 41 (Un).—1 Inc (Un) Co Mining Co Zenda Gold Oct Dec 12 12.50 (Un) Corp Motors W) <F 52 14% • (Un) Co Elec Westinghouse a 4 Jan 23 42% 12% 1 ! Inc Lines Oct Jan 14% » Kentucky Coal Co (Un) West Western a Jun 19% July Theatres common. 1 United States Rubber Co Dec 24 Jun 3Ya Jan 100 20 Va 20 20% 14 940 Pn*' High Sales' for Week Range Sale Price Range for Year 1950 Low 24% Last STOCKS Shares High 23% 24% 10 Corporation (Del) (Urn—-—1 Gas Corporation• (Un) 10 United Week's Friday Sale® far Week La«t Sale Price STOCKS JANUARY 13 ENDED • ;. '* -4 2 1 1 12% 2% ~. 15 % 16 Feb 15% 2,530 Jan 14% Oct 55% Oct Oct 25% Nov 23 July 10% July 13% Mar 200 18% Dec 23% May 67% 545 50% Jun 13 610 8% Mar 900 1% 2% 16 350 - 9 67% 13(4 Dec Dec 3% Jan July 14% Dec Dec , Volume 173 Number 4977 . . The Commercial and Financial Chronicle . > (231) OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED JANUARY Week's STOCKS Par Standard Gas Standard Oil Standard & of Oil Electric of Standard Oil Co Oil Kentucky... Standard Steel Spring (Un) Sterling Aluminum Products Btewart-Warner Corp Stone Container Studebaker Corp Sunray Oil Co 30% 32 42% 42% 17% 18 1 Products new Trans World Airlines Radio 12% Jan 7% American & American Factors American Power 1350 17% Dec 17% Amer Radiator So Union La Salle Carbide United St & 6'700 10% Jan Dec American 40 801 33% Jun 40 % Oct American Tel 882 59% Jan 82% 40 222 32% Dec 42% Dec 14 3A Feb American Viscose Nov Anaconda i3% 600 22% 1,025 x27% 29 23 % 25 _I 10 Jun 14 % 20 Vb 550 Apr 24% Juiy 297 15% 25% Jun 35 Dec Ark Nat Corp • Gas Corp Air Lines Inc (Un) U S Steel Dorn Westinghouse Wisconsin 25 14% Nov 17% Dec Atchison 220 48 Jun 51% Sep Atlas Corp Imperial 1,700 41 July 55% Dec Atok-Big Avco 50 54% 56% 23% 25% 1,100 13% Jan 24 % Dec 3% 4% 6,700 3% Jan 4% (Un) 18% 18% 44% 46 11% 11% 11% 100 11% 12% 815 34% 35% 1790 29% July 36 28 % 425 15% 28 Vb Dec 16% 16% 150 13 n 11% 2,500 14% 2,050 __ Corp..—__12 % common 35% Motors (Un) Yates-American 113% • Inc—._ 13'A 2 Co Co 1,445 9% Jan 14 Co 23% Jan Dec Baldwin 12 Nov 11 % Dec (Un) Engine Securities Corporation RR Corp (Un)__13 Blair Holdings Corp Borden Apr 14% Jan Borg-Warner Corp 45% NOV 53 Ve Oct 10 52% 54% 570 Week's Co Broadway 5'U Low 6% preferred 501 2,974 15 15% 395 19% 10% 10% 13% 14 % 4% Publishing Co Delaware Electric Power & Storage 4% 1,195 3% Pulp & 5.12Vc 16% — 70 Oct Cities 55 55 13% 1% 1/700 July 2 Va 56 2,053 30% Jan 49% 12% 11% 13 4,905 7% Jan 16 2.60 Clorox 74% 869 62% July 84 Vb Oct Colorado 65 493/s 50 21% 23% 22 5,304 Apr 10 % Oct Columbia — 1*6 . h 25 Vb % 40 14 15 1.143 24% ' \ 25% 4,130 Dec 13% Dec 18% July Dec 9% July 21% Jan % May 13% 27% May Crown of 10,101 14% Jun 22% Dec Crucible 641 41% Feb 64 Vb Nov Curtis Steel 38 Yt 37% 38'A 330 30% Aug 39% 23% July Cypress Abbey 3,052 3% 7 July 22% 22'A 233/4 1.303 21 Dec 23 Vb Dec 22% 22% 23% 1,142 20% Dec 26% Feb Doernbecher Mfg , 26 26% 73 23% Dec 30% Feb Dominguez Oil Fields Co 13'A Aug 5 Oct 27 Vb 28 Dec 43 3A 1,330 38% Aug .47% 41% 92 33% Aug 4% 2,025 3% Jan .44 % May 4'A Apr 26% Di 8% Aug 42% Giorgio Dow Nov 4s * Steel... _ a _ .. * _ 5 8.50 44'A Refractories com _ 10 • 23 % 130 I6V2 Apr 222 26 V2 Dec 250 37 a7% 50 July 3% Mar 30% 758 26% July 33% May 19% 1,660 10% Jan 18% 6% Jan 11% IO'/b 12% 369 Vanadium Allovs Steel common see page 41. _ 12.50 Aug 100 57 Jan 61% Mar 3,600 10 Dec 14 Jan 96 96 10 94 Sep 115 Feb 49 49% 1,589 27% Jan 49 Dec 103% 103% — 143 102'A Jan 20 17% Feb a37% a37V4 __ a8% a9 50 11% 11% 927 60c — __ * 60c 5,000 (Up) —. • _ 36 15 common i w —— Bridge (E I) Pont (Un) , 80 27/64 80 27/64 105% May 32 Va Nov Jun 6 7V2 50c Jan 9% Oct 12 Dec 65c Nov Jan 23% Oct Jan 23% Aug 80 JS Jan 5 II Dec 6% 100 6% Jan 83 Vs 85 1,354 61Vb Jan 48% — 10,784 6'A 10 de Nemours— Kodak Oil Dorado Eureka Dec Food Co common Works (Un)__10 48% Oct Oct 90 70% May 29/64 Dec 7% May 84 Dec 40% Aug 8V2 Dec 51'A Nov 15% July 36 Va July 416 9Vb 11 9,050 20% — Corp Ltd Shares Range for Year 1950 High Low High Golden State Co 21% Jan 47 % Dec 152 14 Apr 18% Dec Goodrich (B 10 Jan Goodyear Tire 10'A 477 21% 1,191 50 11 % 8 Mar 14% Apr 14% Feb 18% Dec 24'A Jun 12 Jan 18% Dec 4% 11% 146 10% Dec 17% 150 20% July 29% Nov 31% 10 33 Vb 283 34% Mar Hudson 27% May Hunt 25% 27% 78 14'A 80 8% Mar 1% 1% 120 1% Dec 16% 250 15'A Dec 12% ' 3'A 25 4'A 400 3Va Juiy 6% 3 710 2 4 39 106 32'A 38% 39% 265 31 (Un) Ruboer 3 9% 9% 19c 23 60 22,000 141 Jan| Jan July 6% Mar 6% 8% 675 6% 7% 642 40% 41 33% 32% 34 3 35% 34 % 36 20 8 699 710 42% 41 9'A Feb Hobbs Dec Holly Oil Corp Foods common new —'* * —1. * -12 % Co—. Motor Car 20% 120 23 % Mar 52% 53 577 —. 6% Inc — . — 28 15% — — a68'/8 — — 11% — 3% — 58'A — — 1 Va 1% 8,600 34% 35 % 51% 1,447 25 2,073 41% Jan 46 Aug 50% 47 V* 48 49 6,167 12% 13 712 15 15 315 17 17 a24% a25% 28 29 195 15 7067% 16 A July % Feb Dec Dec 36 Nov 60% Jun 50% Mar 431/? Dec 54 Oct 10 V2 14 Va Jan 19 Jan 15 Aug July 865 25 V2 15% July Dec 25% Dec 637 2,213 21% 29 Jun 70 110 67% 161 a68V8a68VB 50 Va % July 608 47% 12% 75 Feb 12% Jun 66 V2 Dec 'a— 44% — Jan 18'/a 16 % 73 a__ 64% Jan July Aug ... Sep 2% 3 1,050 1% July 493/4 11% 22'A 49% 12 Va 22% 575 2,252 1,359 35% July 9% Jan 47% 16% Nov 16% Mar 21% NOV 3% 8Vb 57 3% 8% 100 1,166 59 6,391 17 % 21% 17% 270 22 698 11,520 2.25 Feb 3% Feb 48 V2 Dec 13% July 9% Jan 3 3.75 8% 57 Nov Dec Sep Oct Nov 17'A Oct 18% Dec Oct Jan May Feb Idaho Maryland Power Mines Mar International Apr 1.50 1.20 1.65 39 % 39 % 39 % 150 33%c 10% 9% 11 3,860 8% 32% 33% 1,440 30 Va Tel Johns-Manville Oct Kaiser-Frazer Dec Kansas Oct Kennecott Power 18c 18% Jan 26% 6% Oct Kern Feb Leslie 6% Jan LeTourneau * Harvester International & (Un) Corp Tel 00m (Un) Light (Un) (Un) County Land Company Salt Jan 40% Dec Libby 24% July 29% July 33% Oct Lockheed 35% Jun Loew's Corp Copper 39 410 15% 1,114 .• _8% * 5 1 & Libby Corp 7 1 Aircraft Inc 39 14'A Inc— (R G) McNeill 39 15% 10 Co (Un) — • (Un)—• 1 Corp & 1.05 (Un)—1 /—-—-20 Corp Co Independent Exploration Apr 27% (Un) Battery Co class B (Un) Oil Co (Un) Honolulu 7c 4% July 4% July * (Un) ;—.1 Great Nor Ry non-cum pfd (Un) • Greyhound Corp —3 Hawaiian Pineapple Co Ltd 31% 23% July 22% July • —_100 & — *. * com 1 __.t,.25 common Co 48 48% —— Graham-Paige Motors 29% May Ltd F) — 35 % 51% • common preferred 30% 31 5 Safety Razor new Gladding McBean fc Co 284 11% July 9% Dec • preferred 19% 20% * ——. 2nd • 1 (Un) Gillette 45'A lO'A ——* Chemical com.—10 Preferred Conv 11 5 ————r Co Paint Corp General 43% 21 (Un) Co Machinery & Electric —* — General Foods Corp (Un) General Motors Corp—— Sales 22% « . 9 Dec Dec 58 Va Dec for Week 22% • Brake 7% 419 Chemical Co Rights 59 % Range 1 -- Nov Oct 61 Week's 16c __1 Dec 32% Mar 48 37% 32% July ' common 22 Va 51 % Jan 34 % July 39 9% Mar 29% 9,000 of Prices 4 38% 10 1,242 $8,500 16% 3 Sep* 14 Vb May 36% El * 14 VB 27% Dec 9 36 Eastman 19C 1 footnotes 15 Apr 1 c Westinghouse Electric Corp or „ Oct 23 Aug 32 3« 25 Spring. Air IIV2 July a89% a89% 49% (Un)__• Co Int'l Nickel of Canada Pittsburgh Screw & Bolt Corp. Toy Mining Westinghouse 151 . Apr 4 Vb Idaho San t 15% Jan 29% 5 preferred Pittsburgh Plate Glass f __ 21'A — 2% v 865 3 Nov 135 10 convertible Common 21% 37 1,930 Nov 241 31 VB __ Supply United States Glass 21 July 4% 37% Brewing Co— Steel 31 4 29 Vb 10 ■_ Fireprooflng Corp Standard 130 May 24% 13% * 10 Common $1.50 33 Dec 11% Apr 10 1 Gas Pittsburgh Nov 68 Apr 13 Ve * McKinney Mfg National 89% 11% 19 10 11% Mackintosh-Hemphill Fuel Feb 62 27 13% 1 (Joseph) Co Joy Manufacturing Co Mountain 68% 1,917 22% July 20% _ _ Brewing Star 275 2,277 50 Low Corp Home Lone Jun a85 Dec 25 125 60 Last Co Walker 83 25 377 56% Columbia Gas System Harbison Jan 90 18% Pitt 63 Vb 90 Va 60 Par Fort 740 21 27% 56 Friday Steel 74 . 21 23 1975 . Sale Price Gas 47 24 % Dumbarton du Corp A Fruit Emporium Capwell STOCKS Follansbee Apr 24% 37% Pittsburgh Stock Exchange Duquesne Brewing 29% 5 General Equitable 23% 453 5 23 1975 Co 317 9% — * common Electric Bond & Share Co A Dec 35 25% July 7V2 Jan ' 20 — — Dec cumulative preferred—90 B $3 37% __10 —.... 20% Oct 40 3% 1 —-—2 2,691 1 May 18% .25 — 3 Improvement L) Co 8% 824 Dec 2.60 30% 30% ___.1 _ 47% a7% 5 (Un)—• 51% Jan 27% May Jan 5 Vb 31 a25 50% Jan Mar 1.40 51 % __ * 27% 29% a28% 1 4% 43 710 23 (Un) 8 31 30 a28% a29% — America 26% • ' 32% 900 3,500 al3V8 al3% common_____5 8Vb * . 12% 5Vb • 852 1.75 a83% a89% 26% • .. 5 * common 53 45% Jan 33 1 • 4,823 Nov "99 (Un) Corp 48% 74 a85 (Un); 20 common Baltimore Transit Co (D of Co Publishing Co 42 V# a22% 50% __ common Corp 67 • ... Curtiss-Wright • Del Dec _■» Aircraft Preferred t 253/a BONDS Clark Co Feb 22 a35% a36% — * 25 America 11% 14% Mar 1.50 .__3% (Un) 9% July 490 45 Vb a24% 10 (Un)_; Feb 53% 80 22% 52% ^ __ 100 Coppermines Zellerbach 54'A 50 Ludlum 25 Crocker First Nat'l Bank Nov 23% Co 1.75 Oct a54% a58% __ 1 50Va al2 al2% — • (Un)____» 50Vb 22% a58% 10 Edison Continental Oil Creameries 52% Corp Alleghany Dec __ Continental Motors common (Un) 10% Jan Jan 24% common Inc 50 Vb al2% 2b Aug 53% common Westmoreland Coal 27 50% 1% Consolidated Jun Jun Jan 57 % Mar 18% Dec Sep! 4% 16% 5% Mar Dec 58 21% 7 Oct Apr 3% Feb Commonwealth 10 25% 16 — Consolidated Chemical Indus class A__• 110 21 605 34 V2 23 300 170 3% 858 Oct 210 27% 3% 59 Feb 10% Dec 14 58 Dec 21'A Oct Jun 22% 8% Mar 360 • 14% 14 HVb July 13% Mar 18% 887 ' 16% 22% 27% __ 3% 412 ' 10% 16% 22% 15c 21% 19% 10% - __ 22% Dec Jun 50 25 10 Vb 71 % Oct 68 Va Mar Vultee Feb Aug 54% Consolidated 58 8c (Un) Commercial Solvents 300 Jan. 13 common 44% 51% Mar 41, 57% July Dec 40Vb Jan 2.10 147 " System Jan 49 Vs 713 43 % 10 common Inc Gas 3.25 24% 80 600 com Columbia River Packers Jun 150 43 160 12% ' - 10% 5,451 a52 a63% a66% a66% 2.70 42% 10c (Un) Iron 2.55 42% 9c (Un). & Jan Dec July a51% • — — 25 Fuel 51 % Aug 43 Co Co Jan 1 9c ___ Chemical 35V2 400 43 (Un) 24 % Mar Oct — common Ry Co — Dec 7 Va May " common RR Aug 20 % 54% America Paul 15 Vb a__ 1% __5 Corp Oct 5Vb July Dec St Service __50 preference series Milw — 55'/a 25 Mining Ohio & Preferred 18% 14 „• Reading Co 5s Chic Jan 20'A .' I l common Public Service El & Gas Westmoreland Dec 12% 22 * _ Philadelphia Electric common Phila Transportation Co com Participating preferred Gas Dec 1.142 47 23 Vb • Pennsylvania Water & Power United % 18% Chesapeake 17'A 65 ' 48% __l Pennsylvania RR Sharp & Dohme 4 Dec of Eureka Apr (Un) (Un). Com Central Mar Jan 9 Vb Dec .2% Consolidated Edison Co of N Y _. Pennsylvania Salt Mig United July 35% . new 4% May 60 376 Power Paper> 35 43% & Light Corp Pennsylvania Power & Light— Scott 68 42% & Pennroad div 1 Va 7% July 43% (Glen L) $1.40 Dec 19 Vb Lehigh Corp 55 1,970 Martin Philco 510 1,475 10 National 4 Vb 9Vb Navigation Valley RR Coal Celanese Jan 3V2 • com Caterpillar Tractor Co Jan 15% Aug 5% 100 —50 & Co 1,985 4Vb ___5 Canada Dry Ginger Ale (Un). Pacific Rv (Un) (J I) 7% 1 Canadian 72 Vt 25 Lehigh Nov 27c 2 Preferred NOV Jan 21'A preferred Nov 9% July 4% 5 Corp 14% 8% 5 B 25% 9c 67,300 Jun — 22 20% • 23% Aug 5% July 3,970 ; • common 9% Mar Paper— series High 37% 161% May 16 V* 73% 10 Dec 9V2 5 (Un) Co Packing 11c al3% al4% al3% 93% 7% „ 10 Trading 10% July 16% 68 Ink 100 9 Vb Gimbel Brothers Hudson Jan( Chrysler ..5 150% 10 Cement Co 1,375 20 3/s Co Dec Jan 104 61 9 10c 11c * Pacific a25% a25% __ 9% 1 1,653 • Corp Motors Oct 11% a__ : Sullivan & Case com.__.13V2 Battery Fidelity & Deposit General common Light 12Vs Pi (Un)„ 17% Mar 3% 25 j Feb 381 15 13% July 17% Dec 16% -- • Chrysler Corp Curtis 29% May 146 Vb 18% 18% 50 Company 39 150 Store Dept Hill California Low 34 % Corp— participating Budd July 11% May 7% Jan 455 Sugar Calif Range for Year 1950 High 33% 15% 100 Securities 31 42 252 (Un) Co California Shares 150% 151% • 1st preferred 2,886 22 Calaveras for Week of Prices 4% Bankers Dec 35 % 4% Calambra Sales Range 151 75c common Dec 39 Va 22 Boeing Airplane Co (Un) Oct 650 5c Co Dec 46 Va Mar 4% (Un) Oct 17 12 % 13% Transit 61% Feb 28 _. Bethlehem 17 11% 13 Baltimore Dec 23 22 Bendix Dec Jan July July 10 Corp 61% 34 Va 1 13 % 11% 13 Baldwin-Lima-Hamilton Corp Securities 120 455 75c Dec 13 Atlantic City Elec Co Autocar Co Baldwin Dec 1,683 100 (Un) 11 % 25 34% » 71 161% May 42Va al58% al58% al58% 3 Corp Ohio & 5% Mar 550 Par Arundel Jan 45 Vb 110 2.50 (Un) common Nov 15 Last • Jun 53 % 11% P10 16% 14% Friday .100 146% 11% 5 Diesel Aug 14% Sale Price Tel 179 3,228 Jan all% all% 34% Byron Jackson Co Stores 727 4% Mar 18% 21% May 16% May 45 Vb 5 Aviation Corp (Un) Benguet Cons Mining (Un) Steel (Un) Bishop Oil Co Jan Philadelphia-Baltimore Stock Exchange Tel & 13Va Jun 14V2 Aug 11V2 July Dec Dec 41 all% 100 2% July 15 80 151151% __ * (Un) 90 103 a75% a76% • (Un) A ' a3 a61Vs a61% __ 50 Bandini Petroleum 15'A May Budd American 12% 151 14 20 class (111) Corp Baltimore Bunker American a2% 16% 16% al7% al7% 13% (Un) Mfg 42% Jan 6% Mar 54% STOCKS __ 100 Wedge 15% July __ 5 58% AUg (Un)__* Top & Santa Fe (Un) 25% 14% — 5 Tube & 277 8,000 __ » Machine Youngstown Sheet ■ __ 1 Bankshares Industries Publishing •. • Sep * (Un) Baldwin-Lima-Hamilton Jun 28% __ 5 56% 5 Jun 4 1 Willys-Overland Woodall 16% 45% Co Wieboldt Stores Inc World Nov * Works Electric Motor 5 Vb • Iron Warner Bros Pictures White Dec 24% 1 Corp Van 3% 49% 1 com 3)3oo 55% 10 United Corp (Un) United Paramount Theatres 4% 16% __ • 180 (Un): Copper Mining (Un) & Jan a59a60Vs 13 % 14 __ Anglo Calif Natl Bank May 3% 925 __* Co Corp Dec 2% July 23/4 Jun High 4% 20 American Woolen Co common Armour 4 Tel & 27% 4% (Un)_—* (Un) Smelting & Refining Apr 115 1 San Stan Apr 22% 33/3 • (Un) Light 38% 351 Low 3 Dec 18i/8 13 Carbon & 39% __ Ltd & 21% July 1 (Un) Foreign Power Oct Jan 9 86% 17y2 5 Inc 475 a27% a28% a28% 26% 10 (Un) Dye Airlines American Atlas 208 & 36 Vb 20% 5 Jan Chemical 69% Mar J3% Truax-Traer Coal Co 10% Aug 19% Nov Jan 16 Mining Co (Un) 25% July 21% 1 Allied Gold Range for Year 1950 High 24% 26% • (Un) Corp 39 % July 28 % Inc Apr Juneau 235 5 Corp 21% Co 3,100 2 Co (The) Alleghany Reduction 39 _ 5 Co Oct Air Shares Low 1 84% 17% 39% __ 5 common Corp Timken-Detroit Axle Trane Trav-ler 17% 25 Thompson Tfaor 32 25 16% 17% 300 _* (The) May 16 % 50 19'A (Un) Alaska 11 15% 10% 5 Oct 15 % 17 1 26 Vb 1 055 9% Corp 18% July 23 17% Admiral Oct Jan for Week of Prices Par Dec 35 22% ' 91% Jan Sales Range Sale Price 39% Aug July 66 % Week's Last Dec 25% 18% Tool Swift & Co Texas 34 1,624 10 (Un) Machine 60% Exchange Friday , STOCKS Dec Jan 37% 1 Corp Sundstrand 280 2,300 2,900 Corp 10% 42% 2,954 __ 5 Storkline Furniture Corp Sunbeam 38 % High July 6 36Vi __ 5 1,298 92% __ 1 63% 37% 91% 10 280 91% __ 25 11 'A San Francisco Stock Range for Year 1950 Low 62% 63% 10 (Un) (Ohio) common Shares High, 10V* 25 (N J) Standard of Prices Low * Indiana Co for Week Last Sale Price 12 Sales Range Friday — 7% — a77'/2 58% __ — — — 16 % a48% 38 Dec Mar Nov 2.05 38 Dec 32% 25% Mar 36 Vb 9% 41 a49 75 7% 7% 2,795 4Va 16% 16V2 106 15% a76% a77V2 536 50 Jan Mar 12% May Nov Dec Jan 16 Apr Aug 51 May Jan Dec Mar 9 Vb 19 75% Sep Mar Deo 58% 58% 714 45% Jan 63 Oct 32% 32'A 200 30 Dec 34 Aug 21% 22 210 1,330 530 11% Jan 15 % Dec Apr 9% Oct Jan 38% Dec July 18% Oct 9 9'A 39% 16 V2 37% 16 'A 865 7% 23 Va 15 1 The Commercial and Financial Chronicle (232) 36 v . . . Monday, January 15, 1951 OTHER STOCK EXCHANGES FOR WEEK ENDED JANUARY 12 RANGE Friday STOCKS Week'* East < ; ; , Range Sale Price , Co H) (R Marine Bancorporation Martin Co Matson Range for Year 1950 High Low (Glenn) 33s/a 846 29% Apr 33 Oct 1414 13 % 14 ',4 253 11 Jan 24 __ 28% 30 968 23 Jan 38% Nov 75 41 * (Un) Co 46 1 46 46 a20% a21 175 19% — • (Un) 20% 1,967 20 Oct 45 21% Sep Sugar (Un) Co —5 McKesson & Robbins Inc Meier & Frank Menasco Co (Un) Inc 5% 277 4% Apr a41% a41% 51 37% Dec 534 __ 18 — 10 — Mtg Co common 23 I Mindanao Mother Lode Mines P10 13c 23 % 300 3% __ 3% 3,130 17c 46,000 10c 44,100 13c 19 July 1.60 Montana Consolidated M Power Montgomery Co (Un) & Oil Feb 5% July Co Gas & 25 Jan Morrison-Knudsen Co Riverside Cement Co class A July 26c Mar Nash-Kelvinator National Auto Corp (Un) 13c July 44c 20% Jan 21% 21% 170 457 51% July 23% May 66% Oct 27 27% 720 23% July 29% San City Lines™ National Distillers Natomas 19% 19% 658 17% 18% 1,983 10% 27% 8% 50 • — al0% 26% • __ 8% 1 — Products (Un) Company Co — a Dec 17 Dec Y Mining Co Central Niagara RR 1 (Un) Mohawk Power (Un) North American Co North American Investment Pacific Occidental 21% May Shasta 23 Shell 9% Feb July 27% 11 % Jan Edison Ohio Oil Oliver Pabco Pacific 6% ' Gas 5% 21% Jan 21% Water Oil 25c 40c __ 1.85 4,800 31% '32 * 50 30 30 11% 11% 17% • 5 28 % 90 220 — __ 1.40 838 32 a47% a47% — 22c 10,700 1.70 40c 1 17% 27 Silver 130 19 Jan July Jan 46c 54'/8 45"% : 30% 13% July 21 21 30O 7% Jun 9% 3% Dec 5% — 17% 16% July 33% 32% 33% 12,227 34% 34% 35 2,692 a32 28% 113 30% Dec 34 605 28% Dec 31% 27% 27% 28% 930 27% Sep 29% 350 28 Jan 29 % 28 28% 592 27% Dec 29 % red 25 25 preferred __ Light $4.40 Corp • 51% _♦ 102% 1 7% common preferred 30% July 35% Jun 33 37% Pacific Petroleums. Ltd Pacific Portland Cement Pacific Public Service (Un) com 52% 1,624 48 Vb July 10 100% Nov 7j£ 8% 3,495 19 % 10 20% 1,862 • 6% Nov 14 Mar July 15 15 300 14 ,-22% common 22% 23 742 21% 103'A 1st preferred Edison Co Calif Tel & Preferred Packard Tel 100 common 100 __ 103'A 104 Motor (Un) common Pan American World Airways — 34% 26% 4% • (Un)_2.50 Paramount Pictures Mines (Un) Park Utah Cons Mines (Un) all% 21% 11 10 4% 21 % 21% series 10% a68% Pig'n Whistle prior pfd conv Co Ltd Puget Sound Pulp Pullman Inc Co Oil Radio & Timber May (Un) Corp of __ • America RKO Pictures Corp.. a48 • (Un) 17% of 55% Carbide Air Jun 151% Sep U Jun 4% Jan Universal Dec Victor July 12 10% 3,705 11% Mar a66% a68% 482 7% July 45 % Mar 9% 17% 20 180 80%. ^ 574 S J N of Sep 22% 16 16% 1,242 13 11% 11% 11% 1,197 10 % July 66 68 2,413 50% Jan 67% Dec 34 34% 604 26% Jan 33% Dec al8% al8% 50 9% Jan 12% Dec 2 34% 1 58 18% 2,058 33 33 34 354 86% 86% a39 a40 % (Un) 25% Dec 35 Jun a46% a46% 50 a46% a48% 16% Inc RR Union Co Cab Dec 560 13% May 21 Dec 36% 600 25% Jan 37% Dec 23% 24% 748 13% Jan 24% 1 4% 4% 200 19% 19% 198 al8% (Un)_l Mills Ltd class Shares Range for Year 1950 High Low 21% 22 % 21 102 102 35 102 9% 100 7 Building Bulolo 43% 40 9 9% 5,000 7 79 175 72 45 % Nov Jan 25% Nov July 25 % Jan Apr 24% 105 July 10% Nov 29% Oct 9 Jan Dec 46% Jan Jan 9% Oct July Jan 84 Oct 39% Dec W) 2,070 25 Jan 42 % Dec 40 8.130 38% Sep 42% Jun 6.50 100 6.35 22% 22% 22% 13,813 * al3% al3% al4 • 31% 30% 31% 28% 29 160 100 % 100% 75 42 ' 160 , 7,953 Nov 9.80 Feb 19 Jan 24% 8% 1,900 5% July 12 12% 360 11% July 276 276 10 72c 75c 2,425 4% 5% 41 8% Sep Dec 100 (Un) 276 1 5% a34% 13 Nov 15% Apr 25% Jan 32% Jun 26 99% Mar 32 , Jun Dec 102% Sep 5% Jan 5% Dec 30 28% 30 1,050 27% Jan 32% Jun 4 35 4.35 4.40 1,400 2% Jan 5% Jun 19 32 31% 6% 20% 12% 32 36,550 5,960 2.75 266 18 Jan 300 July 63c Feb 1.25 Mar Dec 3,907 4 % Dec (Un) 100 a34% a34% 1 21% Feb 30 Nov 7% July 13 Dec 12% - (Un) (Un) 12 % 250 7% Mar 21% 22% 980 a51% a52 % 152 a87% 15% July 8,395 6 Jun 931 29 Aug 19% Mar 9% Iron 36 30% Jan 20% 43% Mar 40 Sep 29% July 36 Jun a44 % a44 % 50 20 35 35% 1,341 all% all% Oct "C— a__ 1 Dec a__ 53 125 5% Feb 11% Dec 10 44% 44% 1,513 42% Dec 50% Apr 1 4% 4% 230 3% Apr Week's 6 Sep Sales Last Foundries Range for Week of Prices Shares 21 ' 9 Canadian Bronze Canadian Canners Car & Ltd 34% July 12% 100 35 100 Jan 25% 652 14 Jan 800 34 Jan 4,681 17 Dec 25 44 45 17 17 % *■*< 30 30% • ;r 25 25% -> '"'.XXX 1 9 14% T" 14 14%. "f" 16% •16% 56 58 38 37% 815 25% Aug 45 $1.75 series Class - - - class Cottons A Oct Apr 25% Nov July 15% Oct 17 Oct 18 10 1.251 r. 14 Jan 4,493 CM 00 £ Jan 37 38% 1,370 pfd— _20 8% 8% 294 a5% a5% 55 preferred 9 Oil 51% Nov Class Crown B 28 1.410 27% 27% 28 155 19 Jan 45 Jan 56 Dec 25% Nov 23 Jan 22 y4 July 31 May 18% Nov Feb 915 15 July a86 a86 10 85 Dec 85 Dec 24% 15,806 16% Mar 24% Dec 15% 14% 16% 25,050 11% Aug 14% 26% 23% 27% 15,843 ... 9 * Smelting.. • Glass 9 . -9.'— 129% Co _ 9 13 127% 13 130 50 3,879 14 12 23% July Oct Oct July 14% 91% Mar 128% Nov 29 % Dec Jan " • 29 225 10% 11 1,335 11 11% 375 8% Jan 14 Oct 34 34 50 31% Jan 33 Apr 8,855 Nov 29 ! 10% 9 Seal Mar * 23"% —— _ & 19 9 '9 24% - _ Distillery class A Cork 18 ' Aug 25 • Plow (H) 27% 100 (B J) Co Ltd Consolidated Mining & Consumers 28 common—^ Railway Coghlin Corby 250 40 July 6% July 5% * Companies Vickers Cockshutt 81 • preferred Canadian Pacific Canadian 78 _ ----- Canadian 78 25 _ Locomotive 4% V _ common Jan 30% 3.170 9 _ Canadian 6% -25 preferred Converters B Oct 23% * Canadian Oct Jan July 22% July 200 16%-V.I 58 • common. 102 ' .20 Celanese Jan 8 30% 9 com. Foundry common.: Class A Canadian 19 200 17% 9 common Canadian 9,661 11 25% « - High 21% 11 44% .50 Rrewpries Low 20% 11 100 preferred Canadian Range for Year 1950 High 100 « Safeway Ltd 4%% pfd Canada Steamship common 5% Lom; .10 common Canada — 22% 8 Jan July 13% Oct Oct May Distillers • 28% 58% 30% 60 1,660 19% July 39 % July 31% 59%. preferred_i_... 25 21% 21% 22 1,880 19 July 22% Dec Ltd _• 13 12% 13 1,135 12 July 14% Jun Seagrams 7 6.80 7.00 371 Dominion * 57 Bridge 56 58 3,033 34 Jan„ 54% Dec Dominion Coal 29% 29% 29% 1,135 29 Jan 30 Dec Dominion 5.80 July Feb a88 12% (Un) 16% 12 ft 41. Aug 8% 8% ' 5 common. Jun 6% 10% I20 62 100 (Un) Canadian 6.50 20% Dec Feb 63 Dec 27% 40% . 42% 5,064 Canada Northern Power Corp Oct 106 39% 12% II see page 4,900 July Api 41% * common $1.30 preferred 43% 43% High 39% • Dredging 'For footnotes 40% IIIIIIII* Products Gold Canada Cement 28% 77 .... 21% Jan 403 46 Par Canada 43% A 23% 15% July 18% 63 Jan 17% May 18% 44'/a 10 Jun 26% 18% Friday 79 Class B 50 Dec 4 % 19 % Mar July 45% Sale Price gyj * 18% 23% 3% July 16% • stocks • • a : LISTED MARKETS Exchange 100 A Dec Dec 21% (Un) Telegraph Yellow 100 Oct class 22% 20 common (F 6 Power Dec Dec Nov 35% Preferred Woolworth 200 Columbia 17 5 1 Lines Westinghouse Elec Corp Willys-Overland Motors 8 Class B 128 33% 1 Oct 8 Bruck 24 37% -19% ■ 55% 1 common Apr Jan British Jan 14 % July 40% July 24% May 1 Nov Dec • Nov r 23 3,733 (Un) 48 Feb 29 Aug 1,168 Co Pictures 23 Jan 13% 25 Oct 36% Oil 47% 9% 4%"iTpfd-100 32% Jan 39 10 12% 1,316 300 Preferred 22% 55% 10 27% Mar 200 17% 2,20u British Columbia Elec Co British Columbia Forest Products.. Deer 35 (Un) Air Western 15,437 common Oct. 17% 54% 35% a44% Feb 24% British American Bank Note Co British American Oil Dec 36 81% 508 • _» 14% 26% Power.™* Dec 87% 25% July 15% Nov Jan 23,205 a88 1,595 52% & Dec. 59% 59% 34% a51% 26% 25% Light Oct 92% -. 36% May 55 19% 24 100 25% 45% « Jun 529 : 16% _5 __=> Mar Low 25 ; 86% ••34% 17 Pacific Mar 6 25% _ Jan 17% Western 8 24% Telephone Jan 66% V 24 Jan 42% 17% 22% Dec 1,075 Bell Mar 13% Mar Dec 61 625 50c Apr 6,095 Bralorne Mines Ltd Brazilian Traction 21% 411 1,305 Department Store* 5% of Prices •. 5,677 a93 Inc___ Consolidated Preferred 4% 42% Power & Paper class A ■ 32% 10 Fargo Bank & U T 175 13,050 Bathurst 93% a91 Sales 43 < Sep for Week • 91% 937 __1 Westates Petroleum 200 26 % Corp 24% 31% (Un) 74% 107 Asbestos 23% 32 , July ' a91% Corp common Bros 6 Range 50 32% a6l% a63 % 25 West Indies Sugar 25% % %> pfd Jun 28% May 30% Mar 36% Mar 25 Delaware Western 32% 4 36% Dec 29 2 Equipment Warner 7% 24% common Dec Dec Dec Inc Dec 105 Ltd Dec 40 Oct 1 Corp (Un) Nov 25% preferred 34 25% Nov ' 31% (Un) Carbon & 60% 25% Corp Feb 29% Mar 32% 25 27% 30% 4%% Feb 16 2,726 _10 Jun 105% Anglo Canadian Tel Co .. 32% (Un) Feb 7% • Argus . 22 1,896 27 Nov 70 (Un) Steel 6 Week's * 3,005 35% 41% Dec 4% 25 A 92 Lines Common Dec 45% _ May 27% Paramount Theatres ctfs 111% 25 Electric 3 12% Corp 22% • pfd Corp 50 28 • Airlines Aircraft United 14% July • 4% a5% 39 Sugar Dec 1,198 25 20 II" Can Feb 391 Corp World Feb 0 of 32 Sep Last Ltd Dec 68 500 a28% 25 United Gas Corp • Co Feb 54 29% (Un) United Algoma Steel Amalgamated Nov 11 Jan 70 1 Feb Agnew-Surpass Shoe Aluminium 54% Nov a28 % a28% Associated Oil com Water 24% pec Sale Price Aluminum Feb 5% 25 25 Corp (Un) United 3% Friday 102 42% 25% Canadian Funds 100 Jan 31% Calif of Company Union Apr 21"% Montreal Stock common Dec Nov 9c 875 oil Corp RANGE FOR WEEK ENDED JANUARY Acadia-Atlantic Sugar class A 5% preferred 35 15 38 Nov 515 (Indiana) Co Union 105% May 7% Dec CANADIAN Abitlbl Power & Paper $1.50 preferred 75 26% 24 Corp Trans Apr 44 Par 30 Jan July 5c 34% • Co Transamerica Feb 1 stocks 531 7 34% 2 Oil 7 26% • 27 52% 1 Oil Tide Jun 2% 150 — (Un)...* 11% 432 26 % Petroleum Oil Co Jan 8 1,635 3% „ 20 (Un) Pure 7.50 (Un) 470 22,500 34% Western Pioneer Mill 15 29% ; 16 ' 80% — Nov 26% (Un) Wells „ 30 26% Co Corp Texas 18% 3% :■ < Pennsylvania RR Co (Un) ™50 Pepsi Cola Co (Un) 33>/3c Phelps Dodge Corp (Un) 25 Philippine Long Distance Tel Co„P100 Phillips Petroleum Co • Apr 5% 7c 40% 5 25% 3% 323 all% al2% 24% __ : 50 25 4.48% pfd California Dec 144 2,718 Nov 34% Co 99% July 316* 147% 147% 35 (Un}__* com preferred Gas Pacific United Pacific Dec July Jun Dec 102% 102% 51% ■; Dec 26 a 5% a5% Union Oil Co of California common„25 Pacific 385 Dec 35% 70 * preferred Swift & Co Jun 5% 27% 25 50 7 5 pfd 4.88% Super Mold May 5% Feb 29% Mar a54% a56% 15 (Un) Convertible Sunrav Jun 28 25 _ 37% 52% 5 (Un) Corp cumulative Studebaker 22% May 25 preferred preferred red preferred 30 5c —5 (Un) Standard Feb a31% 28% Jurt 39% Mar Jan 310 a9% 14 • Standard Feb 1,213 a31% 28% 23% Oct Dec a35% a36% 15 Standard Dec 4% 17% (Un) Standard Brands Inc Jan Feb 8% red A Co Spiegel Inc common Jan 4'A 25 Nov 19% 30 a9% * Convertible Sperry Jan 13% 8% common. 28% Co & Southern Dec 11% - Dec 47 18 36 6c Southern Apr 34% May 20 1st Oil Southern May 4% 100 36 Jan V- 626 54 35% a36% Socony-Vacuum Oil Pulp Co 4.32% 3.00 _10 (Un)™_ Jan 23% 32% :V Soundview Feb 5 „ 30% 102 29% 10 Coalition King Southern Jan 29% July 9% July 2,800 19 17% — Dec 850 34% 29'A 5 Southern Calif Dec 1 48% 395 34% * Co Dec 33 5 series 100 al8 23 1 Signal Oil & Gas Co class A Dec Jun 1st preferred 4.80% 18% 16% July common Electric Jan 16 Aggregates & 10% 18 % 1st preferred 5%% 940 175 class A Corp 18% 881 Fisheries Finance 23"% Mar 27 Co Pacific Dec 33% * Coast ,19% 25 B Pacific Can 695 al7% al7% • Pacific 22 32% common Inc Dec 27 (Un) Products Dec 21% 33 _ Pacific American 2.25 Jun 17% __ 10 Corp Filters Aug 21% — 8 United Class 1.10 11% 100 common Co 100 3,592 1.95 24% Feb Feb Jan Dec 7% July May 100 com (Un) C6 Ohio 22% 1 (Un) com Railway Petroleum Oil Oceanic 1.95 24% • North American Aviation Northern 1.95 • - 23 P10 Roebuck Sinclair Park New N 23 Mining Mauriclo 20% 745 45% 29% Safeway Stores Inc 14% July 8% Jan 887 76 1,334 44% 34% (Un) S & W Fine Foods Inc 65% — 24% 13% 74 Nov 65% 1 274 1 43c 5 Fibres 49% 1 Bros Roos Sears National July < " 27% 10 46 Richfield Oil Corp.™ Dec 3.75 21% 43c 101 High Jun 63 10 Reynolds Tobacco class B (Un) Rheem Manufacturing Co Dec • 37c 9 a36% a36% — 1 37% • (Un) Co 20 44% (Un). Republic Steel Corp 1 (Un) Ward Low a9% .62% — 25 Preferred Range for Year 1950 High a9% 1 common Shares 48 100 Ryan Aeronautical Co M J & M & Low a9% common™.-' — Incorp Rayonier Reserve McBryde for Week Dec 19% Realty & Preferred Jun Feb Mar 10% 13 Equip Railway Apr common Navigation Sales Range of Prices ; Par High 33% 5 Machine Calculating Week'* Last STOCKS Shares 1 Magnavox Co Marchant Low • common Friday Sale Price for Week . of Prices Par & Macy Sale* 9.75 Mar • 6% Corset Co 29% 56% Oct Volume 173 Number 4977 .. The Commercial and Finaitcial Chronicle . (233) CANADIAN LISTED MARKETS RANGE FOR WEEK ENDED F/idiy STOCKS : v' STOCKS , Last Dominion Foundries & Steel com 45 - ,99it ~~20 & ' - 9ri/ Ltd—.—ZZZZ-* Tar 13% • common " ■ ; eaectroiux Players Canadian Corp Foundation Co of Canada..... Co 4%% Power Steel inn Wares pfd • Howard Smith $2.00 preferred Hudson preferred $1.25 convertible $1.60 preferred International Bronze 6% toternAtl°na} International °f Canada Paper common. Co • ' " 42 >23 W, °2 MClaS", lrewerles tW Tramways :• cla« A 5^ Till V ._ZZ3o(l 27% 27 • • Products..."Il:::—- Tubes * .1 78 Developments Oil ^0 —ZZ.l com ~ ay. w i - • „ • 100 common • preferred 49 ? 1""— preferred Lawrence Flour Mills Lawrence Paper 2nd preferred 1st Series A Series B Sheraton & Power 99 i com • 4% preferred..... 4%% preferred class 50 20 A preferred Press Canada Chemical of Steel Walker 160 .... • Z_» Corp • Cotton Worts - com 6% Ltd Jan Apr 19% '* 17 11% Jan 115 May 17 Dec 17 Dec 17 Jan Jan 44% Oct 19 Va Dec 29 Oct Jan 25% Mar 29% Oct 29 July Feb Apr 37% Jan 90 Jun ~~ 143/. fllo n1o 12% 13 Z 103 29% 98v- cow cow 582'o 103 common 5.545 63 110 385 70 V Nov July 74% Oct 19% Mar • 22% Oct 165 175 Feb Jan 70 Nov July 53 57 Jan 144 July 2,455 12% July 18% Oct 42% 64 3/4 Oct Jan 15% Jan 22 Jun 18,400 >25 Nov 29% NOV 35 99 Jun 1,840 12 Mar 16% Jun 1,280 16 Jan 20% Jun Jan 14% Nov Feb 15 Va Apr . 20 4,220 6 8.80 Dec 14 Jan 20 Dec 280 14 Mar 21 Jan Jan 104 Oct cqi/ 47% 865 1.245 190 8,219 84% 50% 22 280 46% 105 51 52 75 2,160 Jan 33 Nov 66 Nov Jan July vt 51 104 Jan 27 Jun Oct July 9% Mar 19 19 July Dec 59% Oct 32 Dec 48% Jan 53 % May 21 Sep 26 Dec 22% Jun 400 18 July 22 Apr 25 24 30% Oct 100 May 20 98 al9 ajq 405 19 Dec 26 27 Va 22% Apr 310 19 Jan ii7/« 191/. 27 Va Nov 123/4 Dec 25 Apr y2 - 6,035 July 7% July __ 95 95 33% 351/0 7,960 20 35 34 y2 35 3,410 20% Mar 26 26% "7 7w2 ki/„ 91/ 9 24 55 54s/. gw 30% Mar 30 Dec 30% Dec 14 Feb 27 Dec 5 Mar 6 Nov 6% Jan 9% Oct 3,098 3^ 150 100 50 al8 Feb Dec 5,384 5c y al8 70 13 36% July Jan 23% Aug 100 21 58 32 Dec Oct Nov Nov 101 15% July 19 Jan 30 July 42% Apr 435 13 Apr 17 Apr Sep *• 29% 28 75 27% Jan Banks— Danadienne 10 ST imperial 10 271/4 ZZZZlO 31 — _ Montreal Sc0tla TnJoirT" _ in a20% a20% 27'/« 27% oc »>c 30 31 382 Standard see page 41. Mar 3% Jan 510 10% Dec 92% Jan 2,220 133% Dec 1.50 9 Jan 9% 675 23 2,311 1,000 21 26 10 120 117% Dec 27% 30 60 21 % 51 54 July 325 213% 35% 33% 72 72 3.90 4.20 3.25 3.50 27 90 6% 3,603 6% 15,645 80 80 13% 13% 115 115 100 al2% al3 145 al8 al8Vs 20 al8 —-_Z__Z:* 9 • 9 9 2.25 60 Sec class A_ Ltd (R L) ; David & Frere Limitee class A Class B Bakeries Ltd Co Apr 1.50 Feb 3.65 Dec 12% Aug 3 % Jan 25 57 / 78 Nov Jan 12 15 May Jan 117 Aug 10 % Aug 13 Dec 14 Jun 113 , 7 Co of Jan 1,702 12,144 2.00 July 7.00 4.80 Dec 805 3.50 73% 6.00 73/4 Nov 50 8 Mar a60c a60c 30 45c Mar a20 a20 56 15 Jan 32 125 24'% 34'% 14,556 177% Jan 17 183/4 9,020 al8% al8% 105 10% 10 10 % 34 34 "34 25 17 17 445 10'% July 18 19 Jan 10 Dec 30 Jan Jun 12'% Jan" 34% 17% 7% 470 50 Jan 77 Oct 2,075 37 * 11 % July 43 10% 115% May 5,375 7 28 29 July 10% Jan 1,710 16% Jan 7 7 Vs 29% Deo 3,650 60 15 38 Jan 68 32 200 31 Dec 12 12% a223/4 a22% 2,600 37% May 15% Oct 1.50 >1.70 28 % 60" 60 32 12"% * 100 1.70 15 9'% Jan 118 Aug 20 Ltd 52% * 24% Jan 58 32% 31 33 Aug Aug 6,995 14 % Dec 10 10 481 10 May May 32 10 34 310' 28 Jan com " ... •> :■ 34 * :■ 95c July 21 & Tel Co 4% 100 4.25 15 15 Apr 175 13 Feb 15 463% Aug 50 25 Aug 45 Nov 20 50 21 Oct 26 24 24 a3.55 a3.50 a3.55 19 ♦ 18 % 19 ?■: 3.50 175 3% 664 Jail Z a51 14 50 al2 50 12 6% 17% Oct 53 Apr Mar % Jan Dec 14% Mar 14 810 14 Dec 16% Jan 50 345 35% Jan 51 Nov 13% 13% 14'% 49% 13% common i 450 8% Jun 10 13% Dec 17% 173% 250 16 % Jun 19 Nov 17 3/4 173% 150 17% Oct 18% ZlOO 26'% pfd Paper Co Montreal Refrig & Storage Ltd Corp common Moore com Lt & Pr Co Co 26% Oct 35 Jan Dec * 25% Nov 10% 10% 300 __* 14 14 50 al9 18% Jan 19% Jun Jun 21% Nov Dec 7% a20 3 4.50 150 163/4 200 114 115 81 55 55 100 53'% 7 7 100 5% Oct 8% Jan all all 85 9'% Jan 12% Apr 22% TOO — w . ~_ 22% ^20 al8 ZZ* 17 al8 23% • Power Jun Nov 16 * Ltd 60 11% 15 Jan a20 common.. 10 * a20 9% Aug 9 4.50 * Ltd 5,920 5% Aug (Can) Canada 27'% Sep Sep Aug 17% July 30 Ltd Transvision-Television 2.90 4 24 Quebec Sangamo 2.10 Aug 100 5 ,50 Southern 100 5 486 Power Corp of Can 6% 1st pfd——100 6% N C part 2nd preferred— Industries Oct 3.00 Mar a35 com...* Ltd... redeemable preferred 5% 100 27% » Purity Floor Mills Co Ltd Tel Corp class A Jun a35 Ltd Stores Jan 4 ; 26% 27 lo Ltd 97 25 3.00 __ * Newfoundland Light & Power 15 5 5 ^* — Metal Co Ltd........ Royal Rice Mills Ltd— Jan a99 ' b Mount Royal 23% 20 3% 12 July 108% Mar 13 Jan Feb 167/b 113 57% 25 Feb Dec May Jun Oct 25 17% Apr 19 Jun 25 18 Jan 23% Dec 550 11 May 16 Dec 10 113 Jan 120 July 17 17 al20 al20 al20 Ltd.....* 33c 32c 36c * 11% 11% 11% 5 10 a Feb * 6% 18% 18% 18% 625 13% Aug 20 Oct 36 Feb 37 Nov 26% Apr 30 Nov pfd (Can) 100 City Rapid Transit Co Union Gas of Canada Ltd United Amusem't Corp Ltd class A Class B: United Corporation class B—_... United Securities Ltd * 1 i • v 69,500 42 42 42 10 40 ;* 40 40 3 38% 36 38% 100 155 20c Jan 57c Nov 13 Va May 26 Jan 36 Oct 12% Jan 43 Aug 16'% Aug 20 Oct 33 34 50 3: 17 18 1,959 5 14% 14% 15% 109 14 Jan 17% * 25 25 26 327 14 Jan 22 Mar 6c 6'%C 1,000 18c • 2.75 2.55 Aug 2.82 43,200 43c Jan 5 00 1 Products Ltd. 2.25 2.09 2.32 24,900 50c Mar 2.65 37 %c 37 %c 7,000 13c Jan 63c 20c Mar 62c Sep 5c May * Western Canada Breweries Windsor Hotel Ltd ..... .... .... Jan Mining Stocks— Alta Mines Anacon Ascot Ltd Lead Corp Aumaque Gold Base Metals Belle 1 Mines Ltd Metals Ltd—. Mines Ltd—.. Mining Corpn Ltd— Red Lake Chibougam Gold Mines Mines 1 • 55c 6,000 43c 23,300 Ltd l Ltd 1 Central Manitoba Ltd Ltd Ltd*. 1 28 Nov Centremaque Jan 35 Nov 27 Jan 31 Century Mining Corp Ltd Oct Cheskirk Mines Ltd. 43% 301/4 43% 297/8 43% 175 Jan 46% Nov 303» 2,275 Consolidated 27 Jun Candego _J 30% 42% Oct 43 520 Consolidated 39 Central Mar Cortez Exploration ^ Mines Cadillac Ltd 1 2%c Aug 36c Sep 92c Jun Jun Mar Jun 2,000 2c Jan 28c May> 73,200 5c May 14c Jan 5C 5,000 23c 500 10 %c 13c 4,200 4c 1 July 8c 6c 23c 13c 4c 10c 11 %c 5c 1 Mines Jan Gold 8c 10%c 1 Mines 24% 62,900 4c 39c Mines Mines , 3c 41c Mines Gold 59c 4c 1 Bouzan Gold 47C» Ltd—1 Ltd Bonville Gold Aug Nov a51 Nov Dec Jan 11 al2 27% Ontario 30% 43% 12% May 36% May 463/4 * 43/4 Ltd 90 39 1.75 4.00 Z 100 _ 4.00 a98 Cartier-Malartic Jan Jun 10,200 ■£ 3,142 50 5 Westeel 126 52% Z Twin Oct • A 3.00 5% Feb 77 common.—_* Russell Apr lo Co Distilleries Reitmans Dec Jun 535 10 Teleg Service Nov 41 Mexican Light & Pow Co Ltd com.. * Preferred 13.50 Paul Nov 34 ,17% 73 1 preferred Crush 30% ■ 39% _ Co McColl-Frontenac Oil Scotia Sep 76 MacLaren Power & Paper Co..___._ * Maple Leaf Milling Co Ltd..... __* Nova Oct Jun 40% Investment Foundation Ltd common..* 6% convertible preferred 50 Journal Publishing Co of Ottawa Ltd.* Lowney Co Ltd (Walter M)__ » Orange 9'% 1.00 * Inter-City Baking Co Ltd Mount Jan 17 Jan 32% Jan 80c July 30% 100 1 class 3.00 • preferred* Paper & Oct 6.00 34 Int Metal Industries Ltd class A Minnesota 9 a90c pid—ZZlOO 4% Canada Insurance Melchers 19% Dec 7.00 50-- International Paints 5%. preferred Interprovincial Utilities Ltd.. 7% Nov 4.80 ZIZZ-* Hayes Steel Products Ltd Hydro-Electric Securities Corp Maritime Dec 7% Jan - 18% class A redeemable Lakes Oct 5.50 a85c • Mfg Ltd Great 70% • Paper Co Ltd Motor 36'% Jan • Kootenay Power 7% pfd Fanny Farmer Candy Shops Inc Ford Feb July 2.75 60 5% « East Fleet Dec 21% 32 .... Grain Nov 7 00 :* Engineering Works Ltd Dominion Oilcloth & Linoleum Co Dominion Woollens & Worsteds 6%% 21% a9Qc * . Dominion Federal Jan 1.50 Aug "30c Jan 20 Crain Eastern May • common preferred Donnacona Nov ' 50 2.00 2.00 * ,, 5% 75 115 Nov 54 " 110 al3 14'% 29% Jan 339 27 3.30 210 35% 22% May 32 Oct 17% 3,230 213% July 40 ♦ 50 4.20 20 Oct 14 % Mar Jan' 14% 54 * 5.00 8% Aug 14% 21% » Oct 37,295 131 5 3% 63% class A 161 103% 128 4.50 "<■ 10 10 Toronto 127 9 3/4 534 1 Lithograph Mfg Co 928 2,415 Sep 5 __10 Rnvoi For footnotes a20% 10 26 • Consolidated Paper Corp Ltd ..Consolidated Textile Mills common Beatrice 3,815 14 - Jan 16 LtdZ Preferred Oct 38% 133/. 27% 1,105 90 101 2,330 4,715 100 " ' 20 25% 31 Z __ 101% Jan 34% 38% Feb 1,056 104 100 al9 133.7 149% 1,755 5,332 : Oct 6 134 Nov 50% July 44 498 25 May 38 % 20 f8w 100 • 25 2,966 '* a20 a20% 19 • common preferred Nov 29 12% 3514 51% __ * ..100 30% Jan 102% ^qi/ 46 Feb July 22 15 313/? 46% 9 19 • 20 Vo 101% 35 Feb 12,130 in 562o cqy Jan 43 «-Q,? 20% 104 37 89" 9n 12% Nov 36% July 7% Jun 3,560 ,r. 2n 19 14% Jan Jan 25 Jan z_* preferred Consolidated Jan 22% v,?-625v 22 v 20 al8 Winnipeg Electric 28% 157 Nov- inn 25 & Jan 12% July 645 30 inn - Ltd Zeliers 28% 12 common preferred Wilsils 29% 27% Ltd (Geo.) 20 21 4,071 21 - /q • Gooderham Weston 19 21 25% common.. Brothers Wabasso 102% May 65 R1379 a,/ 22% 183/2 5 Tooke United Apr Jan 21% 11 8 14% \ 30 * Consol Div Jun 12% Aug 7% 8% Dec 25, 15% 14? 25% 100 Preferred Stores n? » ' is?/. Power._^ Canada Thrift 20% ' 25% Co preferred Co 9% Ltd Jan 8 a9 % 22% „_100 Products Dec 9 1 preferred 17 131 Consolidated Bakeries of Canada Ltd.* Oct 96 Apr July 15 1,130 „ o, Southern 5% co • _ - Standard Bteel 69% _• com — Southam 9 2.00 * common Commercial Alcohols Ltd Dec Aug 14% Sep 110 5 3:,190 - a20 Voting- trust ctfs Simpson class B 4%7f 13% Oct 64 Oct 14,850 24% 69?% ?S ..20 Sherwin Williams of Canada Sicks' Breweries common. 13 7,3 <7 J 20% common preferred _ Shawinigan Water Nov Apr 10% ' com.* Claude Neon Gen Adv class A Class B Oct 39% Jun ro oaJ n*v • —ZZZ- 2nd St St 22% 150% 750 oy "8i/4 V7 _.;_ioo Ltd Lawrence Corp 1st ' 2877; * Z—ZZ* Saguenay Pawer 4%% pfd St 11% Jan Jan Jan 1.75 Jun 23 Apr Aug 102' 6 Va 25 25 • common Chateau-Gai Wines Ltd Jun *41 July 10 1,045 21 ' ^ common Co 40% Jan 3,315 oi ,ac Co Paper Jan Jan 19~ 1,973 a2.00 * Class B Oct 78 on • * _ Royalite Catelli Food Feb 325 27% 01 T00 common preferred Rolland Jun 2,345 23^f Provincial Transport Quebec Power Jun 88 46 25 17% 35 Norancia Mines Ltd River 41 101 8% 380 * 1% Limited Dec 18% • Cassidy's Sep 5 :| »* Dec 4,350 17^ Jgy2 Ab/4 Jan 37% Nov 134 * Ltd Western Lumber Co Canadian Westinghouse Company Jan 26% ?' 29% Mar 210 ' Co Ltd Canadian Oct 14% -- y5 18 ai|/ •" "ft • Corp Niagara Wire Weaving Powell I7 30 Oct Nov Halifax Breweries common Power Corp of Canada... Price Brcs & Co Ltd new 4% preferred alio - 98- 90 * Canadian General Investments Oct Canadian Ingersol Rand Co Ltd Canadian Marconi Company Canadian Pwr & Paper Inv Ltd 5% preferred 150 * 53 % Mar Co Sep •15 % 4.75 Oct 18% 5 Jun •31% July 4% Feb Dec a9 3/4 Z# Ltd_Z_« Nov 810 "511515 Locomotive 7% preferred ZSs National Drug & Chemical common 5 National Steel Car Placer ^ Ltd 67% 1,555 101/ icy0 fly0 ^ °""-:::Zr: i • Co 50% 5,942 j iq 18M* Penmans Ltd 91 !! Y Cor~p~~Ltd coinmoZZZ. f Canadian 23 Va July 29% > 2,637 .11?/ »* 16y~ pmIIIIIIHIISo Massey-Harris Steel 14J 30% 6>i'.i Ma!/?S' 14/4 Canada 85% 13;820 * Canada Starch Oct 12 25 14 y n% "T Mailman 6% Yr 56'/„ iria 18 Page-Hersey , Apr 72 10 15% 6,550 a2.00 • Vinegars Ltd Dredge & Dock Canadian Fairbanks-Morse Oct 21% Mar 200 - Oct 7'% Jan 3.75 Mar Mar 2,505 a "l Canada & Dominion Sugar . ' 28 30% 17% " 100 Dec *-• Nov 5.25 18% • Nov 20 105% 25 „onu Vol'A . ( Ontario •/'V 42% ;. . National a2R 14% A ... 34% Jan 25 31 8 al5% al5% 12 3/4 a 12 3/4 * Ltd 48 130 2,725 High 13 10 3% » Canadian Industries 3,352 Nov Low 15 % « Apr , July 8 4.50 ZZ_» cl •41% Mar ■ 64,488 15 pfd..- Paper Co Ltd cl B 14% 8,257 l~ Apr 111 Sep Apr 10 % 545 '•> » Z 54% A Butterfly Hosiery Co Ltd Nov 19 *a 16% July -6,083 c 40 Burnett 10% 102a/4 Aug July 52% 1,192 ■ 61 90 «« ~ ■ r? Export .class ..A.„_ Montreal 5 -3,770 S 41% 56% $T4 % i S3?'«8e?'8hopsLu:::;:;;9-1 Montreal 17 " 73 Ooni/ pretared00."5 (C 108% 103 i 23% a28 ' * Lang & Sons Ltd (John Lindsay 20 30 a52 Oct 15% July 820 Al ga Jan Preferred Nov 39% Jan 98 1,300 18 V 17% - July 24% 8 •• A At ~ 7% preferred r____.____.45o Labatt Limited John 7% 27 19,068 nimi/ a8528 lit com__ZZ* . 13% July 960 2.544 31 _____ ; 3,860 6 10 10 British Colombia Pulp & Pap Co Ltd— Preferred 100 Brown Company common Nov 50 1514 . 1 17 oi 35 . class Cordage class A— British Columbia Packers Ltd Class B ; 18% May - & High 10% 10% * Products Range for Year 1950 Low ♦ Brantfort Apr 20 273/* 98% COm___~_7.50 1 Ltd.... 9 Fabrics Shares 10% Z.ZZb Bickle Segrave Ltd Nov Dec 25 International; Petroleum. Jan for Week * Ltd... Bathurst Pow 176 % May 33% Oct 30% Steels Auto Oct Jan 70 * International Power « International Utilities CorpZ::::Z"~5 Jamaica Public Service Ltd 13 15% 49% - 2« 9* - 2 800 " July 12% »» 3?. common— preferred 200 2,436 2g 25 _ May 1,785 58 —ZZZZZm preferred.. 23 2,815 • 49% ' • $5.00 Dec 20% 10- 14yg • 4P"prefTe??l'dC,:l!i.Ca"ada -£ ^"prereSlT ^ C°m---'I5; • Atlas Jan 21% 72 ..Zso Imperial Oil Ltd Dec Apr -a52 143/f * . 39 Jan 18 23y8 Bay Mining & Smelting May 15 lit \lv'3 ,E>4 Z common"::::::- Paper 23 15 in? • Gypsum Lime & Alabastine Hamilton Bridge ; v Nov 20% 18% 1927:~:_50 inc 13% 172 * alniv f8% Zoo ___ Nov Sep 20 ifi7/a aioi% . common ... 29 10 250 34,? _ General 16% July 15 Sales Range of Prices Par Acme Glove Works Ltd Anglo-Nfld Develop Co Ltd Sellers option.... 14 17 Ton 5%:. preferred Goodyear Tire 4% Feb 2,405 45 commo;:::!—_ 36% Sep Week's Last Sep 20% > 35 • preferred 33% Friday Sale Price STOCKS Oct 178 2ft? s 14,/a • preferred 5!i» 65 25,392 ■ 20% common Gaimeau , 28 5 x Famous Eraser ' * ldearmSecor°nClaSS A Corp 102 20,126 oc *5 51 % Paper Kootenay Power Dec ^5% Hotl°.° Donohye Dec Dec 44% Mar a20V, apnv "TirefcTreT C°mm°n 1.95 Canadian Funds Dec 500 115/ 35 23 % 99 % 41% 200 At ?^/8 & 1.45 40 High Feb 300 inv, * 27 370 f 34% 25 Chemical Redeemable preferred Dryden 153 7 Dominion Steel & Coal class B Dominion Stores East 910 - a2.25a2.50 Montreal Curb Market Range for Year 1950 Low 45 »2.50 Ota 1%preferred Shares High 41 —— Preferred Dominion Low <■ 12 for Week of Prices par . D«»aa™ Range Sale Price V ^ JANUARY Sales Week'S 4c 500 9%c 2%c Jan 7%c Jun 7c Oct 85c Oct 5%c Feb 23c Jun 3c Feb 11c Jun 12c 14,500 5c Mar 14c Oct 1 64c 64c 72c 125,950 27c Oct 62c Dec Mines..l 8c 7%c 8%c 18,200 4c Feb 10c Jun 1 5%c 5%C 5%C 3,500 3c July 8c Jan 37 S3 The Commercial ancl Financial Chronicle (234) Friday r;;v '///■ Cournor Dome "• Donalda Limited Mines Ltd Gold Goldbeam Golaora 1.17 Dec 2.52 4.45 Feb 8.75 52c 56c ntd Mines — 3,000 22c 22c 8%c- 58,000 3c 3%c 5,600 2C 24c 3c i < 7%c 7%c 7%c 2.000 10% 11% 5,110 4c 4.500 115.802 34c Ltd Ltd Mines 28c July Nov 36c a95c 6.100 23c 80,500 17% 17% 200 G.9J 6.30 7.00 5,300 48c 41c 48C 66 850 3lic July 8c 3%c 7,000 5c Jan __ 8c 10 9.75 10 26c 22 %c 29c 41,509 4c 4%c 14 Ltd Mines Ltd_ __ _ Lingside Gold Mines Ltd. /.A--:,/A///;.• 1 Louvlcourt 1 _ " __ Nov Jun 20% Mar July 6.80 Nov 1.33 Jun 20c May 8 Dec 14 Jan 24 %c Dec 42C Nov 7%c May Dec 3c 1,500 class Fabric Auto Goldfields Ltd— Mines Madsen Red Merrill Mining Corp 1 .. Calumet Ltd - Ltd... Mines Coal ... __ Gold .... Gold Pershcourt Fields Quebec Labrador Manitou 25c „ — . 16,600 95C 20c 29c ... 36,995 22c 23c Jan 7% Nov 7% 100 6% Nov 7% Mar of Montreal Bank of Nova Bank of Toronto Bank 14c July 12,400 5c July 6%c 31 30 31% 85c Mar 4.90 9,000 27% 17 %c L9%c 6,000 3.00 Feb Jun 50c 44 44 40 38% Jan 46% 44% 42% 44% 695 38% Jan 44 1.12 90c 1.14 63,480 85c July 1.88 Apr 94c 80c 95c 9,750 50c Aug 1.00 Nov 20c Mar 55c 48c 58c 360,350 41 42 645 24% Jan 42% Dec 19 17% 19 550 6% Feb 17 Dec 9% 10% 12 39% 40% 12,150 59c 55c 61c 134,550 Aug 14 Jan 38% Sep 42% Jun Dec 55c 4.10 1,100 33c 36c 5,300 26c Sep 42c 46c 59,400 24c Feb 76c 4c Jan 3.50 5c Bonville 4%c 5%c 23,103 13 %C 15c 19,400 54c 47c 55c 10,300 35c 7%C Gold 5%c ; 1,500 1.22 Dec 3c Oct 7c 5,500 63c 1 22c 22c 21c 2.45 Quebec Yellowknife Gold Mines Dec 15c Dec 93c Dec 58c Oct 11,600 50c Shawkey (1945) Mines 28c 15 %c Mar 75c Nov Miller Gold Mines 18% July 5 %C 70c May Oct 26% 28c July 26,425 3%c Dec 14c Jan 10,000 24c Dec Nov 42c 9c 20c 1.00 1,000 57c Feb 73c 50,950 31c Mar 78,080 May Nov 3.00 1.70 July 3.75 1.00 60c —' 1 -.1 2%C 1,150 3.35 3.45 1 Ltd Ltd Mines 19c Jan 2,000 15,833 24c 22% 22% 22% 10,638 10c 12 %c 30,700 Brewis Red American Mines Stadacona Mines Standard Gold Steep Rock Sullivan Surf Iron Cons Inlet 1 3,500 55c Jun 41c 7,366 32c Dec 62c 10c 10c 3,000 6c Jan 27c 8.20 8.10 8.25 4,100 1 3.25 2.98 3.40 37,050 50c 14 %C 13c 14 %C 39,500 1 __ Mines 1 Ltd Gold Mines. Silver Mines Ltd Trebor Mines Ltd United Asbestos Tororit Upper Canada Gold 1.50 10c 13c ... Mines 1.06 Ltd.... 1 1.10 2.00 __ _ 2.00 4%% Wendell Mineral Froducts 1'. 13c 12% Class B British 40c 45c 127,000 30c 29 %c 33c 5.50 Calgary & Edmonton Corporation Ltd-* Central Leduc Decaita Oils Oils 4.75 9.70 Jan July 4.00 Apr 29 %c May Feb Buffalo Gaspe Oil Ventures Ltd— 11% .New British Okalta Pacific 'Pan & Oils Dominion Ltd- Petroleums Western 'Phillips South ___ Oil Brazeau 2,500 8.85 23c 1,000 13c 12c 6,000 100 5c Oil _ 1.65 15 23c Nov Nov 1.60 Oct Feb Jan 1.88 10% Feb 16% Sep Nov 38c Sep 1.22 2,600 class t _1 8.35 1.30 1,000 1.03 July 1.50 Jun 2.25 1,900 1.65 Mar 2.21 Jan 43c 25c 8.50 3,200 43c 49c 131,700 18c Jan 87c 95c 1,825 80c Dec 9c 2,000 9%c Mar 18c Jun 24c 25c 4,000 19c Dec 28c Aug ■> Ltd Western Homestead Oils Ltd-- 10c Jun 59c B Range Sale Price .Abitibi Power & Paper y $1.50 preferred '.Acadia-Atlantic class Acme Gas & Oil Co American 21% 24 % 24% 24% 3,700 2214 25% 26% 2,265 21 102 102 102 26 52c 49c 53c 38,475 V He 10 Canada pfd 25 Anglo-Huronian » 14 _ __ I Mines..,; _i 26 1,635 26c Res 34,583 15c 2714 Dec July 49c Corp Ashdown Hardware class B Mines 'Atlantic Oil I July 85c —liA Steels •"Atlas Yellowknife Dec 15% 15% 7.95 9.50 8.90 Jun 5c 6c 11,500 4c July 9c May 80c 94 %C ■ 6c 89c 40 3,000 35,385 39c July May 1.45 Sep 5%c 8% 6.50 18,293 8c Apr 15 12% July 50 Nov July 36c 21c 24c 4,000 4.10 4.65 3,700 3.40 Dec 6.10 Jun 2.60 2.50 2.65 11,350 1.75 Dec 3.25 2.25 July 3.00 3.00 572 49 50 195 43 Dec Dec 57% 55% 59 1,010 34 Jan 55 29% 29% 29% 365 29 May 30 Sep 6 6 6 160 5 Feb 7 Nov 11% 11% 175 11 Nov 13 May 26 28 Va 28 % 28% 21 20 21% 50 51 11 510 11 11 28% Feb Dec 35 Nov Jan 54 Dec 7 285 Jun 19% 5,830 51 47 10 in July 12% Jan 43 Nov 38% Nov 50 33% Mar Nov 42% 50 36% 560 19 50 50 355 45 July 25 36 42% 36 ' • _20 3 25% _ 25% 479 14 Jan 25 Sep 478 33% Jan 45 Nov 941 30'A Jan 65 Dec Jan class 45 43% 45 G3 62 65 9% 9% 43 6 July 12 Oct .10 27% 26% 27% 3,215 25 Jan 29 Nov * 17% 17 17% 6,278 16% Dec 23% Feb * 26% 25 26% 7,060 26 Nov * . 15 13% •— 15 600 50 a B . — __ common common- 17% Aug 10 15% July . . .. 16 16% 865 14 Apr 17% Oct * . common 58 55% 58 1,630 29 Feb 51% Nov 37% 37% 38 610 37 Dec 40 Jun 22 Aug 29% Oct 6.50 Dec 16 20 Class A _ _ __ 27 % 31 1.7x0 3.50 3.80 160 7 7 7 120 _ 100 59% 56% 60 130 . _. _ . . 3.CO July 6 Nov 55% 12% May 75% May Nov 50 Locomotive 400 400 32 250 Jan 400 Dec ___• Electric— General Oils 31 3.50 * * Dredge Canadian Food Products common 26% 27% 125 22 July 30 May 65c 74c 30,933 58c July • 70c * 19 1.03 May 18 % preferred Railway., 1,055 15 July 99 % 140 99 Dec 104 Sep 86 86 20 83 Nov 87 May 23% 24% 14,918 25 24% 16% Mar 24% Tire Canadian Canadian Wirebound class A — Trethewey . Oil Leduc 45 285 31 45 101 14 % 19,107 Jun 29 14 175 28 100 25 Apr 9Cc Dec 1.45 Feb 1.80 July 2.60 JUn 15% 1 1.30 1.09 1.30 6,000 2.30 2.05 2.55 7,150 2.35 2.25 Centremaque Gold Chateau-Gai Wines 50c 2.43 74c 47,100 18c 1 7,000 13c 1.00 32,900 64c 16c 27,300 13c 10c 8 8% 1.02 96c 1.04 52c Oct .3.85 Feb .1.08 July 13'Ac July "27c Feb 24c 6c 4,500 * Research . 68c 17c * 1 1 475. 7 Vb 9 jaa % 45c July 1.37 4c Jun 15 %c Oct 8,971 38c Dec 1.78 Jan 29c 34c 59,200 11 %c Feb 1.15 2.30 46c 32c r * 2.30 9,185 66c July 1.32 5.00 Jun Citra-Lartic Mines Ltd 1 17o 15c 18c 77,022 10c July 18'Ac 6.30 Jun Cobalt Silver Mines 1 80c 77c 89c 220,350 57c Nov 10% 14 1,120 Oct 1114 Apr Cochenour Willans 1 1 1.76 1.60 1.81 23,400 Cochrane 9.50 14 %c May 15,000 16c Dec 32 %c Jun 26c Nov 39 %c Nov 3%c Mar 14c 1714c 16,000 1°c Jan 3,000 10c July 3,500 7 Chromium Lode Class Dunlop common Cockshutt 20c 9 9% Oct Colomac 78 77% 79 185 72 July 85 Oct 40c 43c 38,700 21c July 58c Jun Commonwealth 13c 13c 9 500 9c Mar 25c Jun Conduits 257,950 50c Mar 16 161/4 530 9c 9%c 8,400 2.50 2.45 2.70 9% July 2.63 Jun Coniagas _ Yellowknife 14,300. 1.28 NOV... Jan 14c 12c 15c 4,000 10c 3 i/2c 8c 9c 8,yu0 4%c 27c 3Gc 87,100 12c Jan «3!. 3 JO Jun .C 1514 Jan 32c Apr Jan 1 1 17%c _ 10.454 -'.7% 'J Jan - 30c - Dec 16% Nov 26 July 24% Mar 23% 27 11,423 13% July 23% Nov Oct 26% 16c 14c 16c 4,616 11c Dec 21c Apr 1 4c 3%c 4c 5,500 3c July 7c May 51c Mar 1.60 Nov 1.55 1.55 100 0 1.90 1.85 2.00 2,100 1.15 Feb 9% 9% 10 550 6% Jan 5 1.50 1 35 1.50 2.100 1.20 Aug * Mines Astoria 71e 57c 74c 42,500 55c sDec 1, 12c 12c 15c 12,500 7c Aug Consolidated Bakeries 0 7% 7%' 'Consolidated Seattle Mines 2 65c 59 c 8 - 65c- ► - - ,890 67,600 -- 7— Consolidated Cent Cadillac 40c July Consolidated Cordusun Oils 1 97c Mar Consolidated Duquesne 1 J ' 4c Feb 8 %c 4.158 90c 1 Mar 66c 2.25 97c 37,025 62c 47c 12,284 40c Dec Dec Apr 1.15 Jun 20c •A' J, ' Oct 6%: 'Jan 78c i'Oct 10c • .' • Mav 88c Nov 40c Sep 9% 1.50 - Dec* V i'J 7%c May 13c - 11 Jan 80 365 ' .. Jan 16 25% 1 Mines Consolidated • 9 14 16 25 * Petroleum National Coniaurum 6C Sep Apr 1 Commoil 40%c Coin Lake May Oct • Plow 15c c 2.35 1.30 July 150 12 Jun 1.05 Aug * _ 9% 2314 12 — 40c 25 A Preferred 8%c May «8o Jun Feb 92,350 9%c 58c —1 Gold Jun Nov 12c lie 1 3.80 Mar Chimo Oct Jan. Jun 58c 1 —— Oct 14 Jun 14 Porcupine Mines 14'A 27 Central Chesterville 103% * Patricia Gold Mines Cheskirk Mines Jun Dec 11% Aug 12% Nov Ontral Chemical 41 Jan 102 16 Vb 1 Cariboo Gold Central 43 102 • Wallpaper class B Canadian 44 102 40,910 9c Dec 0 Vickers Canadian Castle * .100 Corp preferred Utilities 5.60 16% Apr 19 99 100 common 18 100 Cos preferred 4.65 10 Oct 25 _ Celanese Preferred Jan 2.30 Jan 3.00 Aug Aug 35 Dec 2.09 Sep 24c 4.45 44c 2.23 Oct 16c Oct 514c 5i-i-._-.__Il For footnotes see page 41. 197 6 %c 48,375 15% • 33 Jun • 7% 6%C r;;W£ -J!* 31% 11,000 14% Mines Feb 7 21% 30 9c 15% Aumaque 17 ,V 19 % Jun Nov 2.84 53,000 * 19 7c 231,214 .• 2,170 14% Jan May 55 0 14%c Nov 7% « Commerce Class A Nov 45c i •*<: 3%c Mar Aug 2.55 1 (1937) 1,000 Aug 16c 43c 23c "1 36 830 8,550 - of Breweries 1 Gold 'Armistice ll%c May 32 22c 20% Apr 4%c Mar 29 31 20c 69,500 714 c • 5,000 * _ Cable Bank Canadian 2.28 37%c Oct 32 . A _ 100 common 5%c Jun ■? :y« 1.04 93c 6c 1 Mines 5c % • Jan 8c 20c _ Canadian Oct 22c •.Area *Y>:. 1.00 July 51,000 Oct 9 20%c Dec 8c 5,580 27c __20 -. Power class Car May 40c 16c 1.44 23c « Canners Odt 23c 1 1.25 25c 0 class A Canadian Dec 43c rAciuarius Porcupine July * Canadian ' Jun 29% 106 1 • 6 18,900 . Malting Canadian Nov 1 ;_i Consolidated 25 1,525 lie j Foundry common- Canada Wire & Nov 60c Jan 22c 12 9c 1.40 0 . Canada Permanent Mortgage Canada S S Lines common 1.75 May Feb 25'/a 10 9c « Iron Class B Nov 11 Mar 13% 52% 5,45 ' 23c 616 5,020 4,998 • Aubelie 19 %c Jan 107 Anglo-Canadian Oil Atlas Jan Jun 70c 37c 2.75 Athona 4%c 3214 7%c : Lead Metals 1.02 37c 1 11 % .1 50 _ _ common.- Northern 105% July Apr 28 V2 1 Feb _ - common- Packers Jun 104% 25 19% a - __ Canada Nov 25 % 105 » Ascot 25% 2q~i/2 1 'Arjon Jan July 8% • 10,700 ; Nepheline Argus Corp Preferred Nov » of Rouyn 45% ♦ American Yellowknife Anglo Jan July 21c 400 1.30 1.00 ADex 100% 19,200 9% 1.18 1 Larder vAnkeno Mines 12c iq 1.30 * Anacon 9c » 'Algoma Steel .'Aluminium Ltd Amalgamated 15,888 I_-11 July ...I __ _ Foils Canadian 45% —* ^ Akaitcho Yellow Knife 'Alberta Pacific Cons-.-. High Low 42% 1 — 15 Jun Range for Year 1950 Shares High 26% Agnew-Surpass Aluminum _ Canadian Pacific 20 Acadia-Uranium 455 5% * Class A .4% 451/2 A 20 * common Cement Canadian • common__-_ 19 - • Bread Canadian 100 * Preferred of Prices Low Sep 20 I' Wto. Canadian Malartic for Week Par P..~ 73c • Ltd Preferred Canada 5% Week's Sep Aug * Oils preferred Canada Sales Last 70c 49c - L Petroleums Canada Nov 1.05 Exchange Friday Feb Dec 83c 1 Campbell Red Lake Canadian Funds STOCKS 2.70 42 %c 39,800 1 Preferred V '' 2,475 11,300 85c 30 - Sep Jun 46c ___. common. Oct 10 32% 4.50 * Linen Canadian Toronto Stock Jan 27% July 70c 1 Bousquet Caldwell Oct 8.25 4.20 Mar 8.10 - 95c 14% 6 Dec 6.00 July 45c _ _ Canadian 9c : » Ltd- B Sep Jan 11 4.35 1 . __ Canadian Bakeries 2.15 — , 2.75 103 46c « Gold class A Preferred Sep 1.30 Ltd— 1,659 Oct 25c 14'Ac 20c 36,000 Ltd Petroleums 3.85 Feb Apr Mar 1.50 2,725 20c ... - 1.17 100 1.50 1,710 30 * Burlington Steel Jun 14% 11 28'4 -.,1 Canada Foundries 6.45 July 20c Aug July 29% * Canada Jun 1.55 88 99 10%c 10%c Jun 6.35 14% _ Ltd Oils Co 1, __ Jun 65 125 160 ____. - Yellowknife Jun Feb • _ Jun 91% 90 25,075 Bunker Hill Oct 3.85 * Home^ Oil Co LtdLong Island Petroleums 32 6% U . _ Red "Lake nuiidog 72c 2.40 1.35 Jan 14% '' Building Products 54c 9.75 1.35 - 25% 5% - _ Mar 23c 0 Limited- 50 10 "-u.r■- 24 %c May 2.40 « Jun Jun 29 • A_ _ Canadian Dec 10 Aug Feb 8.90 , 16c 32% 14% 1 __ Buffalo Nov 13c Jun Mar Jan 6% - class A Buffalo Ankerite Calvan 3,925 5.60 24% 25% 14% • Class B Calnorth 1.24 11%C Ltd Ltd—— East Crest Oil Co Ltd Oils class Buffadison Gold Oct 14 %c 8 Dec 7,702 • * Mills Apr Jun 2C 14,500 * _ Calmont Oils July 6.50 Dec 13 ,' Jan 3c Jan 15% 31% * - Canada Ltd__! 19% 99 100% 90 99% A— Callinan Flin Flon Stocks- Anglo-Canadian Oil Co Garnet . Power Class B Canada Oil - Columbia class Calgary & Edmonton 1.40 May 1.82 Aug 2,100 41c 1 Packers Jun 15c May 40c 24,750 1 Western Ashley Minerals Ltd Jan 10 Dec 14% Aug 5% Aug 88 31%' .100 pfd Forest Products- Columbia Burns & Co 5c 6,300 10c May May 25c 29 • preferred Burrard 80c 105,500 11% 13c Waite Amulet Mines Ltd 5c 500 13c 25c 23c 30% 11c .1 . 100 British Columbia Elec 4% Jun 3.30 Feb 2.32 14,500 11 %c 1.10 1 — common-- Dec 8.25 2.40 Mar 22,100 9c Corp Ltd... _ 1.32 1 .. Mines Ventures Ltd Vilbona ... _ Oil com_* ,_25 Jun 1.06 May 59c 38c 40c . Lake Nov 1.03 64c 59c Ltd Ltd.. Mines Cons Ltd. (1944) Mines Light & Pwr Preferred Calder Sladen-Malartic Traction May 2.85 May 27% 4%c 24c 1 Sherritt-Gordon Mines Ltd. Silver Slscoe 5c 200 Brazilian Jan ; 10c 10 %c Santiago Mines Ltd. 12% 12% Apr Dec • 200 4%c 100 12% 64c Sep 5.75 3,758 Sep 27c 23c 4%c 6.75 15% Bruck 40c 2.45 26% 27% 6.10 15% Feb 4.00 Nov Dec 2.45 "l __ 6.75 15% British Empire Oil Broulan Porcupine 29c 17 %c 1 Ltd Quemont Mining Corp Ltd •Royran Gold Fields Ltd * Oct Apr 2c 5,200 0 Cordage class A Jun 8c 6c 5,600 Brantford Apr May 1,000 35c 40 %c 7c 12c Jan 7%c Nov 67,700 7c 10c Bralorne Mines British Columbia 35,500 24c 39c Boymar British Aug 2.32 2,500 65c 9c 7c ICc Bordulac Jan 16c 9%c Aug Gold Gold 8.50 Dec 1314 c Bldgood Kirkland Dec 44c 45c Bobjo Mines Sep 48c 1,924 3.75 — Gold 63c 35c 1 1 River Bevcourt 12 40 1 _j Oct 14 %c Aug 1.50 3 'Ac 63c Oct 4114 Belleterre Quebec Oct 5.00 17 %c 2.00 Oct * * 25 Mines Oct 35c 2.50 Mar 100 Nov —* class A Beatty Bros Bell Telephone May 2.00 July 3c 2.65 Oct 31% _—4 Bellekeno Nov 99c 1.25 2 65 July 3bc ll%c May • Class B British Dec 16c 5 Jan 3% 1,475 10 Mining— Metals Bathurst Power Berens 205 13,400 5%c 10 Barymin Co Ltd— Base 5 %C -1 Scotia Mines —: Earnat High ■ July 45 %c 25,300 4.55' 1 Co— _ 19c 1,500 1.65 22c I Development Mines 29c 1.40 .1 . — . Dec ' V 5% 5 6 Dec Nov 1 Ltd 18'A 58c Mar 38,800 1 Ltd Oct Dec 400 38c 1.50 Chibougamau Goldfields •Quebec 32c 15,600 1 Porcupine Prime Mines Ltd Quebec 32,730 45c 1.20 3.10 Ltd Dredging Gold 47c 1.00 32c 1 . 83c Dec 4.65 _ Jan 10% July 2.82 1.50 Pandora Cadallic Gold Mines Ltd Cons 920 18% 66% Dec 41c 11,109 3.10 Mar July 2.95 1 Mines 55c Oct 1.47 Dec 2.08 51 34 %C ... Nocana Mines Ltd Normetal Mining Corp Ltd. ♦North Denison Mines Ltd... O'Brien 240 1 1 _ Oils Ltd & 503 58 33c - —— Formaque Mines Ltd Goldvue 2.50 1 New Pacific July 53 Mar 30c July 40c 38c 45c - New 12c 7,500 53c 47c New Pato 55c 1 Negus ' New 31,800 18% Dredging Ltd Mines 25c 1.06 58/. Ltd.' Mines 21c • 2.50 Ltd Mining Corp Ltd of Canada Ltd Nechi * Apr 410 21 %c 24 %c 21 %c 1 —1 10 Bankfield Consolidated Bonetal 91c 24c 91c 1 Mines.. Mines Montanban Cons v . 1 Lake Gold Island .— Ltd Mclntyre-Porcupine , 3.80 7% Low 2.75 July • Macdonald V 8,925 7 0 B Mines oagarnac May 1.21 32'A c 4.00 Mar 1,460 1 Mines Ltd— 60c July 37c 14 %c 30c 1 Mines Jun a8Gc Lake Rowan Shore Sep 7%c 18 %c 1 Lake 11% Jan 20c Labrador Mining & Explor Co Ltd— Ladulama Gold Mines Ltd- Lavalie Oct a8Gc Ltd (1945) Feb 10C July 2c Jun 1 . Jun 7%c 6%C 1 (Unj Dev Oct Dec 8.50 4c . 3.35 7% * ' Range for Year 1950 High 3.00 3.35 * common... Class A May 8.25 Nov Feb Nov 5c —'11% 1 _ Apr May Electric Auto 47c Sep — 4.25 550 May 7lC July 2c A— Gold 1,500 July 35c 3%c 1 Ltd. Mining & Kerr-Addison -w 56c 10c 10'AC _ Ltd Mines ' .. Ltd Joliet-Quebec Mines Ltd Kayrand 70c 1,000 31,425 • Hollinger Cons Gold Mines Ltd Jaculet 40c 1.55 8.70 1 Ltd. Mines (1945) Mines 8,500 1.55 7.50 17% 1 Ltd Nickel Mines Lake 20% Jan Snares Low 1 Gold Aunor Jan 8.45 1 1 Mines Mines 25c 1,025 July 13% July 9c 3,003 16% 1 _ _ Ltd... Faiconbridge Fontana Pa. for Week of Prices High Low 10c 50c Mines Sullivan Jack 10c Mines Ltd-.- Malartic Mines Range for Iitgh Sale Price Year 191>0 Sales Range Last STOCKS Shares 17 % East Eldona v-—— Ltd East Elder Low .,..1 ... for Week of Prices Week's Friday Sales Range Par :'- ' : Mining Co Ltd Mines Week's Last Monday, January 15, 1951 WEEK ENDED JANUARY JI RANGE FOR Sale I'lice . . LISTED MARKETS CANADIAN STOCKS . Dec 1.05 May • yolume 173 Number 4977 . . . The Commercial and Financial Chronicle (235) CANADIAN LISTED MARKETS RANGE FOR WEEK ENDED Friday STOCKS Week's Range Consolidated Howey of Prices Consolidated Mining Consolidated Press Consolidated Consumers class __5 Class B Ltd ioc 35c 40c 10c 7,100 126 5 53% 53% 13% Oct Homer Oct Hosco Gold Mines Ltd 47 Jun 18c 40c 5,200 18c Dec 42c Jan 21 21 21 10 9% 9% 200 22c 24c 32,000 10c 22c 21 %c 25c 74,500 22c 1.60- 1.26 1.60 1.10 1.40 3,900 24,700 40c 15c 30,500 6c Feb 93,750 28c Mar 1 40c 29% 28% 30% 7,055 17 Va 16 17% 11,890 29c 31V* 7% * — 40c •31 * Electrohome i Dominion Fabrics ;common 1.12 ► 4.75 . 31% ■ 130 4.75 100 2.00 Feb * 13 13 25 11% Oct preferred * Dominion Foundry Steel common • Rights .4%% red sinking fund preferred-100 31% 31% 100 — . Dominion Magnesium Dominion Malting common 45% 8,822 2.25 3.00 23,334 1.25 99 % 145 99 % Dec 14% 15% 4,480 151/4 25 100 25 102 102% 9% 9% 50 47 47 & Stores Coal class B 50 28% 31% 13,068 25 30% * — Dominion Tar & Chemical pfd Dominion Textile common 5c 43,750 10,550 4c 20c Lake 3.50 July 7% Oct 4.50 May 6.75 Jan 6% 7 3,385 5% 5% 200 61 61 20 45% Feb 59 Feb 20 Mines • 10i/4 9.50 10% Players 16% 12% Grain common Preferred 100 redeemable $1.40 Federal Kirkland Federated 16% 8,800 70c Nov 95c 325 17% Dec 20 17,435 3.80 Oct July 60 6,500 5.65 21,947 1.70 26,800 4.95 1.45 50 Gair Co 7%C 0 " preferred Dec 45 40% —100 1.00 1,000 45 Dec 2.05 2,800 7%c 4c 24 Jan 7c 1.80 58 Aug July 1,345 28 101% 38 98 3.50 77,735 1.89 91% 16c July Jan 40 V4 Jan 95% 95% 50 1.30 1.40 9,200 *102 1.20 Nov Garrison * 1.58 1.55 1.62 6,30o 1.20 17% 18 Power common * : preferred 5%% General Bakeries General Products General Steel Mfg class A Wares 2.30 2.30 2.50 5.25 5.00 5.25 Gold 44% 44 45 355 181/2 17% 19 805 105 20 _____ 104 17c 19c 27.125 15%c 6.15 7,15 32,678 5.75 9c 9c 1,000 2 Vac 2%c Arrow 3,500 4c 70c 17c 23c 38,600 12c 8 %C 12c 22,500 9c 77/aC 9c 7,700 20c 10c 8%C 10,700 3%c 6.30 36.220 2.10 5c 6%C 48,500 4c 7%c 6%c 3%C 3C 37/aC 15,300 94 96 275 83 52 52% 255 51% 81/2 8% 9 690 Coal Mines 15 Cotton common Gold Mines Harding Carpets class A Gold Headway Red Lake -For-footnotes see page 41. 95C 9,800 "74c Jan 1.30 Jun 17,850 98c Nov 43c Jan 2,500 217/a 24 3,715 3c Sep 131/8 12% 13 V8 670 7%c 9c 51,560 3%c Oct 2%c 2%c 3%c 6,000 4.00 4.00 1,000 3.25 Nov 14% 12% 14% 2,730 10 % July 20 % 23c 20% 31c 100 13% 36,220 IO1/4 10 10% 8%C 13c 21c 680 9%c 46,000 9 % 9% 28c 34 %c 68c 15c 7c 78c 18c 8C 5c Dec 11 • - 130 6,500 83,725 80.300 3,500 July 44c Nov 3%c Sep 6c Sep - Feb 1,066 30 July July 32% 2,055 30 Mar 10c 41,128 8c 9 9 .30 20c 22c 4,000 20c Nov 26c Dec 12c July 31c Mar 19c 27c 14 14% 12c 18C 17,500 Jan 17%C Nov Jun 23c Sep 9% 15 Sep 16 V* 12c Nov Sep 43c Jun May 1.90 2.35 56,859 91c 90c 1.06 114,423 38c July ll'/ac 9 %c 12c 66,000 5c Jan 12c Oct 8c 7c 8c 29,000 6c Dec 23c Jun 83c Nov 1.28 1.37 2.59 2.01 2.60 122,970 18 % 18% 18% 2,422 18% 17% 18% 1 2.60 2.20 2.70 59,175 Mines 1.20 24c 19c 1 2.53 2.31 . 8,402 24c 7,COO 108 106 106 17c 14% 16 14 102 175 13 375 5c 6c 13V2C 12c 15c 8c 12c May Oct 3.25 Mar 1.50 1.24 Nov 4.10 Apr 17 Grain class A * 10% • common 22% 10% 11 575 19 Va 233/8 9,418 97% 100 — 98 80 Dec 3.20 Apr 60c Apr 4c Nov 106% Nov Dec Sep 32c Jun 7%c Dec 31c May 21% Jan 44% Oet 22c Nov 36c Dec 12 Oct 6% Aug 8 Va July 12% July 97 July 41 42c 42c 42c 58 % 53% 58 3/4 3,595 50 47c 45C 49c 9,600 37c 1 4%c 4%c 4%c 2,000 3%c Jan 1 Lake 11c 9c 13%c 11,520 * 9c 9c 9c 1,600 ———* 4.60 4.10 4.65 3,350 * — 15c 14c 18 %C 229,100 —41 25 25 895 Oil Pacific Grain Brick 22 Dec 16 1 1,000 Feb 3.75 13% 5 : __— Lake Dec 17 10c 12 560 250 — Oct 8% July 3%c Aug 17,500 10c 13% 4,500 1 Ltd Dec 1.80 July 2c Oct 10 * Jan 1.90 July 10,600 2%C 7% 10,800 2.59 2c —* Mines 1.60 July 9 Va Jan ' * —_4 1.80 July 784,570 1 • Gold 8%c Mar 10c Jan July July 10% Oct 19 Dec 100 Oct 30c Jun 67 Jan 60c Jan 13V*c May 8c Feb 19c Oct- 7c Dec 14%c Jun Jun 6.00 Apr 19%c Dec 3.00 3c Jan 14% Apr 1.10 Jan 1.87 22 Dec 1.55 1.55 3,000 2.25 Jun 1 1.75 1.60 2.06 40,400 Jan 2.35 Dec * 18% 18% 19 3,585 10 Jun 18 V* 1 48c 48c 1,000 31c Feb 66c Sep 19 19 200 16 Va Jan 20 V* Jun 13% 13% 200 8 July 14 Dec 85 Mar 93% 12 July 20 26c July 47c * Metals Corp Oils — • Knitting common Preferred — Monarch Mortgage Porcupine Moneta Montreal Moore ^ 1.55 " • common — Brass - National Drug preferred-—. & Chemical com 90 10 20 40c 9,600 16% 18% 2,270 15 Nov 22% Apr 27% 1,962 23% Dec 25 V* Nov 26 26 360 26 V* Dec 27% Mar 4.25 4.25 285 3.00 Nov 10c 12c 18,500 6c Feb 37 37 105 37% Sep 8Va 8% 305 335 7% Aug 10% Mar 10c — — 5 Hosiery class Petroleum & — B Feb Dec Mar 26% — 12 11% 12 :• common Preferred 113 18 % 25 5 90 20 35 %c Dec 27V* — Breweries National 20 — 1 National National * 25 — Grocers — 1 Preferred National 13% 100 Locomotive Corp — •—* —— Mylamaque Mines Dec 2.25 Nov 7% July 60 15c 6c 84,700 14 107,200 Morrison 65c 34% May 33% Oct 20c 11 Jun Jan Feb 8%c 1 Oct 14%c May 15c 62c 31c 32 313/4 23c Monarch Jan 47c ■ 47,225 31 % 32 1.34 1 •Preferred 25c ■ 71c 60c Feb Model Oct 63 %c Mar Apr 41 Modern Containers class A 4Vsc May 8% July Jun 10c 46c Mindamar Dec 16 12c 4 V2C Mining Corp Feb 153* Apr Feb 3%c Feb 5,000 1 Mercury Mills 9%C Dec 4.40 1,000 5c 41 * Gold 13% l%c Dec 1.15 11 Red 23 Nov 5%c 38c McKenzie May 7"%c May 16% July 12% Dec 42c 5c 32 __1' McDougall Segur Mclntyre Porcupine 20c 24 Dec 1.00 __ 68c • A___ 24c 5%c ■ 46c Milton Sep 1.15 1 * Feb 7c 7%C 90c 95c 1 Dec 7c 1 Dec Nov Ltd 13% Aug 79,100 16c 22% 18% 18,570 26 37,000 75c Apr Oct 43% 49 4c 34 %c 18 10 Gold 16c Jan 25 _____ common McWatters 10c Oct Feb 7c 200 41 & 17 Nov 156,300 1 Preferred Feb 13% 29c 1—* McColl-Frontenac Feb 7V*c 213/4 42% Nov 10 V* Sep 2%c Sep 14% * McCabe Jan Nov 14% Maxwell Jun Apr 6c 213/4 Ltd M) 3c Jan 19 V* 2%c Aug 480 Matarrow Lead Nov 18 8c 1 Heath Gold Massey-Harris Dec 40 22c Dec 7.75 " Red Aug 25c 14% 15 2.40 __41 1 McMarmac 12c 1 6,000 2 %C 14% 1 Sep 3%c 1 : Head of the Lakes Iron 3c * Mines McLellan 4c * 5,500 4%c ——1 Nov 12c 29c 43/4C 1 54 8%c 1 4%c _____1 Gold 19% Aug 1 (j F) Maralgo 13 • — Gold 9,600 Gardens—— 50 13% 201/4 5c J?c, * Milling 85 24% * 5c A Leaf Midland 24% * 120 1.42 Aug 5.00 Aug 41 Leaf Mid-Continent 13 % 1 Bridge Hamilton 16 class Mines 102 • Hal In or Mines Hamilton 15% Goldfields —1 Dec 13% 1 16 • Jun 165 * 3,718 1 Dec 9%e Sep 14 Va Jan 7,890 47 1 6.00 ___L_ July 1 class A 5.25 24 —1 35c 33 Halliwell Gold 5.90 Lake- 32% 31 46% Halcrow Swayze Rock 7c 1 1 — Gypsum Lime & Alabastine Brass Oct 1 Mines 2,976 Mines Jan 32 »/2 * 2.30 1 Marbenor Malartic ll%c May 6.60 8% Aug 8,100 46% 10 2.01 B Marcus IOV2C Nov 2c 50 15c • Guaranty Trust Gwillim Lake Gold 17 12 %c Sep July Sep 3%cMar 61,900 " Paper common preferred Great West 8c 17 15c 2.20 i Maple Oct 5.75 -1 Jan * Manitoba Sugar preferred—_i__100 Oct 19c 6c * Great Lakes Hasaga 5c 6.05 * Jun 28 Mines Maple 27%c May 4%c Mar 52% Bousquet Lead July Aug 95 Class B A 7c 15c 1 Gordon Mackay class A 85c 165 Magnet Consol Apr Preferred Dec Aug 25,350 35 Mines Malartic Jun 43c 7c Jan 32 %c 38c Manitoba & Eastern Jun Dec July Goodyear Tire common Harricana Aug 45c 27c 1 Mine3 Goodfish Mining Guayana 2c Class Dec 55,700 • May 14V* Madsen Red Lake Gold Mines 9.20 May Oct 24,500 1 Jun 21c Dec MacMillan Export class A 12c 50c • Porcupine 85c Feb 8.00 1 MacLeod-Cockshutt Oct 22c Dec 1 —,— .' Golden Man!ton Goldhawk Oct 5%c 16,476 35 River Mackeno Oct 45c 1 Mines 17c 10,500 10 Mines Red Macho Dec 20 37c 1 Eagle Class 47% 46c Goldcrest Gold 35,950 8c 32c Yeilowknife Macassa Aug 42c Gold 27c 7c 35 Goldfields Macfie Feb 50c 23c 22c 9.00 35c — (Walter Jan 7V2C ——' MacDonald Oct 106 Aug 25c Jun 1.34 10'A 1 Hosiery Mills class Island Petroleum Lynx Apr Nov 6.35 Dec 5c 111 3.00 July May 7.15 ——1 May ____________■> Groceterias Louvicourt Nov 1 ' 49c Nov * Gold Mines Graham Jun 29% Feb 17% c 1 , Nov 17 105 1 Oil Lake Goldora 4.75 1 Mines Glenora Gold Golden 2.00 1,612 1 Yeilowknife Goldale 700 a • 100 Geneva Lake 19% Dec • common— July 41 B Lowney Dec 112 July 108 1 Gillies Lake God's 100 65 * Preferred 22c » London Long 1.68 Aug 2.22 Jun 15% July 70 108% 108% Petroleum class A General 1,210 105 106% —100 —— 99 July 100 preferred 9,000 3 Lomega Gold Sep Sep Aug May 3.20 May 1.36 Gatineau 27c 1 Long Lac Loblaw May 6.10 Jun • Ltd Oct 8c Jan 2.95 101 3.50 52% 128 Class Garnet Oils Ltd Oils Little 420 5%e __100 23c 1 110 118 43% 52 — 24c 1.32 1 Lexindin Gold 117 — Jun Lencourt Gold 1.6$ - 14c Gold Nov 5.65 common Leitch 17% 4%C Exploration Jan • 37% May 15% Oct • Cos July 3c Leduc-West Jan • Preferred July 65c __1 : ; 9 "" Frobisher 30c 6,200 11,000 Mines 13% July 43% * 42,800 5c 1 , Island 29% 5c Gold 49c 1.03 4 %c Secord 2,700 43% class A 41c 98c 5c Cadillac 1,715 Nov 48c (1945) 2,525 Jan Jan 6.90 98c Ltd B Jan 1 * Mines "U" 1.44 1 Gold Mines — • Mines 33 Ford Motor Eraser Dec Sep Mar 7.00 Lawson & Jones class A—— Nov 36c 18% 12% 1 —_— Petroleum 95c '8.45 Nov 80c 6.10 Ltd Lamaque Gold Lang & Sons Lavalie 7c 18 V* 11% .-20 preferred-,. Apr 15c 16 %C 6.90 Shore Laura Nov 15c 1 Oct 30c 18% 32 . Fleet Manufacturing Francoeur 17% July • : ; July Aug '/ 1 Osu Class 4.05 Mar 21c 35c Sej^- 20% Mar • (John) Larder Mar 60 * 1,000 23,000 35c , 90c Lapa Nickel 13% July Ltd Lapaska Mines 11% 26,825 Nev 24C 87c May 9% July 18% 4%c Mar 88c May 32c 16% 6c 15 - • 47c 285 18% ———____1 13,400 Ltd July 103,425 »'■ 51,630 29,300 Dec 21c 7% 525 15c Dec 48,425 1.55 16% 75c 25c 12c 15c 16 13c 35c 22c 24 12c 16 1,500 23c 23 %c May 13c 64,235 1 10% May 40c Gold 10 17c 40,100 1.06 74c 7% Apr 40c July 1.10 Jun 15c 89c 33c 1.25 Jan 62c 1.06 38,800 10i/4 21c Jan 14%c Lake Wasa Mining Lake of the Woods Milling common La Luz Mines Oct * Dec 1 Lake Rowan Nov 15% 32'A Globe :_ Lingman Lake 34,902 55,966 Lake Dufault Lake 6% 1 13c 20c 4%c Jan 6,500 36c _1 ; Lake Fortune May * 1 Hartz Lake 30c * Labrador Mining & Exploration Laduiama Gold Mines 14%c Nov Oct 0 Canada —; Oils Labatt Oct * Hard Jan May Apr Jun * Hahn Kroy Apr Federal Gulf Lake Keyboycon Jan 8.75 Fanny Farmer Candy Shops "<■ Nov 11 July 17c 21 %c 15c 17 %c 1 of 13% 2.65 5c 2IV2C 1 ; 56c Famous Giant ! Kerr-Addison 9Vic Jan July , 14% Dec 11c May Aug . Mines 48c Falconbridge 5% 1 Dec 8% Jan 4%c Aug Nov 31c 25 17,500 20Va Feb . 5%c Jun May 39% 20c Dec 20 5c 104 Feb Dec 225 9,672 5V2C 104% Apr Dec 1.15 7,500 14% Dec May 4.40 7c 14 Jan 97 29% 26,718 14% 101% 105 42% 35c 16 %c 22 100 41% Jan 55,750 7c 255 100 41% 4c Kelore Kerr 73c Sep 103 100 :• * Mining Nov 11% July 103 100 common 38,250 Kayrand 53c Corp preferred 22c 124,828 5%c Nov 18c 1.59 21% Nov 45 20c 8.75 7c 10 Mar 30c 1.22 19c 22 Feb 26 7,750 85c 7.50 1 4 6,335 47c Nov 1.25 —• Nov 120 48 Va Aug 20c — 52c 8% 41 * July 25 Gold Aug 8 48 * com A 7c 1 Eureka - Powders 35c 685 Sol 43c Aug 55c 20% El 15 41,311 —41 Empire Brass classs A Equitable Life Insurance.—; Erie Flooring class A Jan 9% 49,200 Nov 175 „ 7% July 13,065 200 77c 8.50 12 %c 14 %c 14% '95c 1.55 14 %c 14% 45c - Jun 9%c 1 1 14% Dec 8c ——1 — 9 70c 20 Pen-Rey Mar 85c 201/2 El 7 1 Mines 20 Eldona 25 Ltd Mines Elder ► v Feb Eddy Paper class A 9 76c * — Jun 9 7T2C May 88c Oils 29 Sep Investment 41 g%c Quebec Jupiter Nov 9 July 7c Economic 40 Dec * class Kirkland-Hudson 15,600 . Dec 31 Sep Kirkland 16,000 ._ 28% 410 1 Joliet Dec Oct 9 — 620 31% * Nov Jun 6c Easy Washing Machine— 29 31 1 13 9 /Eastern Steel Feb 28 31 Gold 23 20c 3c 28 % * Joburke ; Dec 8c 10 %c Mines 2,500 • A Oct 35c Jan 5%c Mines—— Jan 15%c July 6c Malartic 27 1 10 1,465 Sullivan Dec 1 20 96,600 East 24% Ltd 173 12c 945 5%c Mining 15 10 %c 25 4%c Mines 210 11%C 25 5V2C Nov Mines 1,975 58c East Waite Kelvinator 11% ——* Mar Jaculet 21 7% 15 Kenville Gold 10 :— Jack 176 60 29% Oct Jellicoe 15% " Jan 12% 41 175 1 35 Va 21 1,430 32 Milling 20% 1 Jan 18,803 12% Gold 48 V4 Sep 30c 30 Va 29 V* 12'/* common Nickel 14% ■, 1,280 21% Oct Mar 17% 16% July 10 36 V* 29 25 Co International Petroleum Apr 6% Nov 12 % 100 International International Jaeknife 35 Sep 50c l preferred Dec 49c East Leduc Jan Nov 11% East Crest Oil Nov 9 105 55 % C _____ 31o Nov 35 Va 50 Nov 2.00 Jan 1 Mudge class A Sep » Preferred Dec 102 Feb Donalda & 13c 70 July 43% • Donnell Sep 85,500 7% Nov Dominion Woollens Duvay Gold Mines East Amphi 30*c 7% 15 • 100 Mines 23 %c Nov 42 i, Jan «■ 26 5 2,660 200 57 12% 13% 15%c 41% Mar Feb 100 - 16VaC Jun Aug 49 V2 6,500 13% 23.50 Preferred 20 50 1 Jan 7% July 50 50 Steel 26 % Sen Mar 5c 49% 25c May 31 Dec 99 * Preferred Dominion 41% 2.90 16% 4c 7,950 49% 1 Metals 5.25 Jan Feb Bronze 14 Sep 451/2 99 V2 • Preferred 29% ' . Dec 11 Va July International 7% Oct 25 25c International 31% Jan July 12% July 48% Oct - 8.50 2,000 Apr 20V4 Jan 25% Aug 7% Dec 16% 20,005 '61 1.75 July 450 113/4 50c 1.90 58c 25 10% 50c Acceptance $1.60 preferred Oct 32 24% 58 V* Ingersoll Machine class Inglis (John) & Co ; Inspiration Mining 18%c Nov 19% July 13 1,450 7% Dec 15c 60% Industrial 26V4C Nov Feb 13%c 1.16 25 6%c Mar 50 Indian Lake Dec 42c 5,910 * 4% Jan 9V4 Dec 14%C 10 24 Jan _2 common Jun 6% July 24c * Dairies 20 11c Oct Mining Bay Mining & Smelting Hugh-Pam Porcupine Apr 40c Jan 7,171 Hudson Oct 26c 31c 1 Dominion Scottish Invest common • 56 Apr 10c 53,200 Hunts class A Mar 10c July 11% Imperial Bank 10 Imperial Oil * Imperial Tobacco of Canada ordinary_5 Mar 4c 12c Nov 7c Oct 28,000 11c Nov 6%c May 10c 94c 15% 67c 17,500 Mar - 6c 127'/a 53,700 58c 5c 15c 14 Dec 15c 1.07 4%c 55c 10c May 19c 85c July Sep 10c 25c 13c 5c 96c 17,950 13,500 14% Aug 30c 8 %C 6 Vac Hoyle Apr 12 %C 1 2nd - 9V4 7Vac 1 Mines Howard Smith Paper preferred Jan 25c Jan 15c Ltd__l Bank -►Dominion Jun 15C _1 Dominion - 17% 22c 1 Yeilowknife Gold High 17,000 47/8c • Oil Low 54c 8c 5 Home 101% Dec 115 60 Hollinger Consol Oct Jan 8%c July 6,950 Nov Range for Year 1950 High 52c * 2.10 Shares 54c * 13% Jan 6% —or, Dauch & Feb 14V/4 225 14c 126 128 8% 100 2,600 8 7% ♦ Yeilowknife Seagrams Dominion 135 Hinde May * A Mines-Ltd \Dominion ► 5 420 11 177 • class Producers Distillers "• 102 18% 8 Jun 1 Minerals Dome 11 102 17% 10c Highbrldge Mining Highwood Sarcee July July 11 * Discovery 1.01 17% 14c Nov 30c Jan 2,296 100 Mines Rio 160% 30,485 10c Highland-Bell 7 Dec 413 2.10 10c Nov 1 ITemagamij Detta 12c l 130 July 164 11% Patricia Class B Del 5 % 500 10 1 Petroleum Delnlte 91% Mar 625 16c 1.85 100 ; D'Aragon Mines Delhi 7% 160 * Coal Oils • 3,465 10 _1 Pershing Decalta 1 160 1 Low 1 16c * Mines Davis Leather Heva Gold Mines 100 Trust Davies Hedley Mascot Jun 1.95 common Crowshore Apr 27c 6% * Crow's Nest 65c May 4 —_ Corrugated Paper Box preferred Imperial Mills Cournor Mining : Crestaurum July 8c 130 for Week of Prices Par 35c 14,832 * ___. High 20,460 9c 127% 100 Cosmos Craig Bit Low Sales Range Sale Price 49c 1 Gas High Week's Last Range for Year 1950 43c 129'% A Rochette Friday STOCKS Shares 8%c 7% Smelting Corby (H) Distillery class A Crown 48C _i & Conwest Exploration Croinor Low 1 Consolidated Lebel Oro 12 for Week Last Sale Price Par JANUARY Sales 12 % 12 V* 12 % 20 28% 28Va 28% :* 28 % 28 28 % • 1-67 1.65 1.78 4.00 26c 42 Nov Oct Jun 9% Mar 13 Oct 535 10% Apr 13 Oct 155 - 27% Mar 29 Nov 605 19 July 30% Nov 24c Mar 3.10 Aug 24,200 3 £0 The Commercial and Financial Chronicle (236) WEEK ENDED JANUARY RANGE FOR 4 Range of Prices Sale Price •• National Steel Car__ Mines Neilson ■New. 46'A A. preferred——— (Wm) 47 50 207/a 27% 29 3,985 * 100 * — 1,28 79c 1.32 1,087,655 103 103% 35 1 8Vic 5'/2C * 1 Britisn New ou Mines Calumet New —: Dominion 7%c 8%c 1.34 2.90 Alger New Bidlamaque 1 1 Hugh Malartic 1 New New —-— Mosher New Rouyn 1.50 Jun 4.97 86,430 95c Mar 3.05 Nov 1.12 1.33 24,700 60c Jun 1.51 Oct 27c 29c 8,925 24,375 19c Sep 50c May 15c 17c 12c Sep 27c Nov 23c 3.199 17c Dec 51c Jun 18c 53,500 I0V2C Dec 31c Oct 60,976 43c 7c 2,000 5c 1 19c 14c 19c 1 14c 12 %C 16c 5%C 7%C 1 Apr 11c Jun 21,755 6c Juiy 20c Oct 191,250 10c July 32c Apr 11,500 jc Jhu 10c May 1 -1 9%c 11c 20,250 7c J»'v 12c May 6c 12,550 4c Feb 13c Apr 9c 10c 6,623 5c 10'Ac 5c 1,000 9c 1 7c 22c 29c 269,400 16c Dec 2.05 2.71 13,4o0 90c Juiy 322, OjU 31c Nov 1 50c Norgold Mines Norpick Gold Northland (1940) Mines North Star Oil Nubar Gold O'Brien Mines 1.200 33c 35c 31c 30c 38c preferred:. Crush — Porcupine 0 <*0 5 Nov 70 185 39 Jan 3.75 4.50 1*5 4c 5c 1.49 1.39 1.59 5c Ltd ___ 7c Apr 12%c Jun J 75c Jul? 1.75 Jun 4c 9c May 11a,» . 1.15 1,800 8.45 33,130 Feb d.25 Oct 53% I,060 44'% Jan 53'% Dec 82c 1.07 73,993 77 %c Dec 1.58 Feb 4c 3%C 4c 8,866 1.00 50c 500 1 2%c 2%c Consol 1 3c 2,000 4c 4.20 12o,500 4c 4c 45c 43c 4c 7ac Gold Apr 10 %c May 500 3c Jun 10'%c May 241,700 20c July 60 70 14 i 51 5Uc Jun 5 9 Jan 40c 275 15 46C July * 1.53 Dec 3.15 May 4,100 1.75 Dec 3.45 Mar 3.25 2.90 1,200 84, Jan July 1.18 Oct 64% Oct 47,700 64% 3,145 1.00 1.05 4,800 56c 20% 22% 2,950 10*9 12% 1.52 1.32 * 17 16% * 2.70 1 8'Ac 10 6% —_— „ Purdy Mica Mines Mills common uj 659 15%' 16% 1 Dome— Prospectors' Airways Flour 1.05 22% I 1.56 6% Oct Jan 22 V4 Jun Jan 21'A Jun Dec 2.05 Feb Mar 3.55 Jun 5%c July 5'A July 378 July 60c 34,0 "9 6'A May 14 383 4,200 8'Ac 11'Ac 21c 1.25 July 1.25 17*330 18 2.70 2.40 Jun 3c 1.25 62 oc 4.00 49c 1.12 1 Proprietary Mines Dec 42 % Mar b-'/AC 64% 1 common Jan 21,293 6'Ac 1.21 • Gold Metais Nov 63c 1.80 3.15 1 Corp 10 2.48 1 — Gold River Oct Dec 1.61 * Porcupine Peninsular 96c 60 2.00 1.80 1 l Jun 7%c Jun 15 • Oil 60c feu Feb 3c 50c Mines May 3c —* Gold 7c ti/f- 1 53 * Nov 17c 1 Preston East Jun 8.00 1.00 xde — People's Credit Securities Purity 15c Dec 4c Rouyn Feb 52'% Perron Gold Power 7% 8.35 Penman's Ltd common Pressed Feb Nov 4c 1 Reef May 8% 69 53 V4 1.05 1 Oil Crow Dec 6%C Aug 14,200 20,610 Malartic Porcupine 3.50 9c Sep 5,250 10c 11 %c 11c Mines Paymaster Powell 3.75 1 Mines Cadillac Partamen Dec o 67 Malartic Powell 3%c Aug 1 Petroleum Polaris 15,500 4%c 15c Jan • • Coyle Navigation Pioneer 13,300 14c 16%c 2.24 28c 1 Pacific Pickle Oct 1.3b Juiy 19 10%c Jun 8% Jan Apr 1 Chibougamau Quebec Gold 1 Quebec Labrador 39c 60c 38c 39c 59c 4,500 9,500 €0c 27c 30c Mar Mar 30c May 2.87 Nov Dec 54c Nov V 64c Jun • 1 22c 18c 24c 24,259 15c Quebec Manitou 1 2.43 2.33 2.50 33,000 67c July Queenston 1 70c 57c 75c 81,011 57c Dec Gold Quemont Mining1. * 27% 26% 1 55c 46c 20,670 55c Quinte Milk class A * Ranwick 1 Red Petroleum Gold common 55 Preferred Rouyn Trend Union B Sicks Silanco Silver Sllverwood Class B Silverwood 2c Sep Dec 5,856 2'Ac 2'Ac 2%c 28,000 23 23% 23%r 24C 68,996 9c 9c 1,000 II 103 103 10 29% 28% 30 3,050 " 57% 59% • 2c Canada Grocers Preferred 90% 140 90 % 97 Jun 52c 60c 41,100 36c July 62c Apr 25c 35c 59,620 15c Feb 57c Nov 0f>c 72c 12,800 58c Dec 18 1.03 Wingait Gold 350 8%c July 17c 395 104% Mar Jan 64 104 8.75 9.40 22,075 •43c 49c 12,000 10 2,960 43,842 1.50 July 4.20 Apr 45,577 5.50 July 10'A Nov 8% 1.70 2.20 10% 13% Dec Nov 12% Jan 18 2c Jan 29c 1.05 54,660 20c Jun 85c. Dec 15'A Dec 20 Apr 20c Jan 46c Jun 15% 16% 190 25c 25c 1,000 11'A 12% 56,378 54% 56 6,318 5% 100 5%C 6%C 6,500 17 18 770 30c 15 34c 30c Jan 4% Mar 35 35% 183 26c 36,922 17c Nov 32 1,170 23'A Aug 300 98% Dec 7c July I 10 %c 11c 75c 27% Jun 36 Dec 30 Oct 34 May 31,300 14c 20,000 4c 41,550 70c 5%c 5%c 34,000 38% 36'A 39 96 3% 96% 96% 3,500 30 3n -100 5'Ac 6c 8,000 126 126 10 98% 99% 6c -100 20 97 20 70 13 25,180 57 %c 55c 60c 127,250 10c 12c 73C 95c 90c 22c Apr 60c Oct 24,000 9c Nov 25c Apr 43,960 73c July 5 May 6% Apr Apr 2.50 Nov 6 6 50 2.50 2.50 650 1.00 Week's Last ? for Week Pulp pfd— Dominion Canadian 5%c 5%c 5%c 9c May Canadian Western 9% 9% 100 7'A Aug 9% Nov Canadian 16% 16% 50 14'A Aug 16'A Dec Coast 90c 1.00 17 GOO 1.35 1.40 2,000 Dec 1.03 Oct Consolidated Dec 2.10 Sep Dalhousie 25c Sep 40c Mav 32 10c Feb 5,600 3 45 3.35 3.75 427,784 —ig 18% 19 740 19 18% July 5.85 Aug 1 <■ ig 18% 19 330 1 6 50 6.50 6.75 1,170 41c 107,000 ~~1 - 4ic 33c III——5 24 23 24 75 1 1.01 85c 1.07 137,840 IsOc 2.80 2.75 3.00 2,800 • 10'A 703 10 Va 10% o 7% 7% 78 pfdIIZ.100 95 95 25 1.05 Sep 1.60 July 14c Dec 42c deHavilland Disher Dominion Dominion Glass Nov 3.00 Nov Donnacona 22'A Apr Foothills 22 8.85 Preferred Hayes Jan International Paper common Utilities 38c Jan International 23% Nov T,,a 1.85 Dec 2.45 Dec 9% Jan 6% Mar 92'% Jan 11 Oct 8 Nov • 37IZ 36 37% 160 26% Mar * 33% 31 VA 33% 3,110 23% July 32% 100 99% 99% 510 96 July 101% Oct Nov Inc Minnesota _ & _ , _ I Oreille Price Bros Twin City Dec 5% 6% 6% 19,170 3.50 Jan 7.25 78 81 385 1.20 2.60 3,350 70c 80 , 1 2.60 34\ 28c 38 43 195 Jan 41 Oct 24%- 24'A 190 23 Oct 24% Dec 385 40 July 56% 60 Go 60 35 25 28% 29 5.40 5 23V2 21% 23% 3.50 Feb 30 Dec 3.15 Jari 6.00 Jan Sen 560 Feb 36% Mar 3 7'A 1.185 3.50 Oct Dec 35% Mar 27 760 34- May 65 15% 1,715 > 49 %c 35 200 4.85 Jan July 44% Mar 1,915 Jan 64 25 18% July 3.50 ' 23 Aug Jun 6.00 Dec Dec 28 Jun 26% July Dec T™**~6 27 5 27%, 26% 27 27 28 Oct * — 23% 22% 24'A 150 19% May 22'A 1 9.00 8.85 9.20 3,645 5.05 Mar 9.35 Sep Sep * 30 28 Va 29% 655 _IIIIIi 7'Ac 8c 8'Ac 0,200 11 % 100 27 27 28 25- 6,345 ' » - — I 25 ' 4 common- 16 5 35 34 y* common Mining Nov 17% 56 % Paper 1 new Sep 34 8,755 59 W—V 1.75 Jan 7,272 —m / * Sep Nov 34 60 5.40 Apr 80 Jan 35c 43 , 57 32c 32% 551/2 Niagara Weaving Pend Nov 35 56 : —_—1 Ontario Ogilvie Flour common Temiskaming 22 Jan 1.222 34 % Interprovincial Utilities 1.04 Feb Feb 22 —7% — Sep 105% 2% « 1 Jan Loblaw Feb 18'A July « Sep 48c 105% * July 16 5 21% II-I-20 Jun Steel Dec 918 ___ iiiiii* 14% Nov 11% 21%, * ' 23 2,575 ^ x Jan 20 v8 July 135 32C ___ Dec 9.75 4.20 •' Paper Dec 133 Jan 35% __ Oils- 10% Feb 6.00 Dec 33 6% — common— 3'A 92 3.70 * Bridge May 1.42 . 1,480 J I---5 preferred—— Oct 4.10 * Aircraft Steel 161 105'A 105'A 22 ::::::l L_— —— Dec Sep 35% • Paper _■_! Oil Dec 14 14 -w * Lumber- —_——— Dec 99'A May 36% Dec 98% Copper' —— Oct 39 23 21% 23 I4 » . common- 31 Jan 124 615 Investments- Industries Nov 24% 200 Westinghouse Nov 98,778 131 7.00 • Marconi Dec 10 % 120 6.20 preferred-___.——100 Jan July 9% 7.00 ■ 4.05 15c 112 130% Sugar 2.00 July 22 135 _5 12.695 18c 130 100 —.— 2.90 2.435 1,040 May 8 10,180 10'A common 2.42 5,500 11 43'A 10 5 120 9% ' 100 .: Gold & II 40'A — Preferred Canada 8 High Low High 43 • , Bulolo Range for Year 1950 Shares 10% Newfoundland : Devel Corp 8 8 _. Nov Nov of Prices Low Par * 2 90 54,500 Apr Sales Range Friday Sale Price Brohze 26c 1.33 Jan Canadian Funds General 1.40 Nov 2.27 1.36 Exchange-Curb Section STOCKS Canadian 20c Nov 18 Dec 2.50 Toronto Stock Canadian 1.25 99% Mar 1.99 Oct Jun Nov 126 Sep 20 Apr 15c May 1.67 —5 G Canadian 26c 42 101 Nov 115 N6v 9 %c May JiiiV 99% 20 98% -100 1— Oct 1 40 1.32 3%c May 4%c Oct Jun 17c Mar ■A Sep Nov Aug 14 %C Dec 4c 30c 32'A 104 Jan 1.10 8%cT0%C Oct 16% Dec 13% 15 23c 1.06 Knitting class A Dec 50c Jun 31% 10 %c 1 59 'A __i 71c 99% 100% 32 100 1 Yellowknife Bear Mines Jan ioc Oct 37 —1 Jan 15c 20 Feb 7C Oct Aug 16 lie 34 25c , Oct Sep 5c 10 Oct 7 15 34 Oct 58 36 19,175 May II.50 7.85 July 37 * Mines 85% 1.40 Nov 100 93c 1.02 mil 50 % 70c Oct 235,800 _10c Zinc 195 96g 9% Feb 1.99 220 _• Sep Jun 65c Jan 6% 15 .» J) B 9.70 3.50 Mar 19c 13 c Wright-Hargreaves & 57% 23 15 1 & Jan Jan Aug 10'Ac 1 preferred Wood <GJET) preferred—— Wool Combing Lead 26 20 12 %c 1 Gold (Alex 104 16% Oct 36 25 400 1 59'A 3 %c July Nov 38% 5% 1—— 102 1,500 Oct May I.24 NOV 75c 20% 5 * 59'A 1. 3,000 344,O^O 2.10 common 104 A 14c 1.22 56% 1 sgi/4 „ 20 54% — Co 27 Mar 175 36 I ——i Electric Brown Oct Jun 33 Dec 65c Dec 13% July 158 10 18% 20% .—25 Oils Preferred Nov 34c 16C Jan Jun 55% 1 — Mines Gold 24 Dec Apr 12% Nov 20% 1 Winchester Larder Columbia Dec Aug Mar 15 i 99 A 6c 24c 5,120 156% 156% .1 Wiltsey-Coghlan British 26,100 90 I100 Jan 15c Class B 351/4 II20 Homestead 4%c 23c Preferred 23% July (Geo); common—™. July 35% Simpson's Ltd class 842 9 Preferred Asbestos 103 jun 2,500 46,900 — —— Anglo 6c May 8l)c 9c 36c 37% Brew, Oct 18 %c Nov 26'A common Apr 17% Jan *. Dec Dec 17c 10% Mar 25 Mineral Ashley Western 30% 20c 1. 970 • 14 14% Mar 14 Nov 37 Dec 11 18 15 % 31% Dairies 37 50 32c (G & W) Feb 22c class 175 8%c -50 — Feb 8.85 1,830 20c 20c - 27 12 Sep 25 -25 Andian National July 21c 1.39 May 36c Products Jun 6c 31,000 2,720 « 9% 13% ,100 preferred— Consolidated Class 38 July 12% 37'A 38 1 Western York 415 80c 9.10 (Hiram) Yellcrex 12 11% Waterous Ltd common— Yale 32,100 - 59c Apr II,000 38c 35% i-..» 11% 1.51 Apr 9c 29c I-___IT_ _II—II Western 1.33 o'Ac July 11% 50c 7%c & Power common..* Dairies May 1.45 Amulet 16%c gc 21c * * .1' 47c — — Dec II__l ......_IIIII* Standard- Mines Jan B_„ A 4*. 14% — .... May 17'Ac 67c 1 Mines 45c 6,610 33c 1 common Aug 26c 13% 11% _—___49 Mining May 27c 23c —_—— Feb 13 Gordon Silknit Ltd 17c 7,650 -100 — Jan 30% Voting trust ctfs— Sigma Mines (Quebec) Silver Miller 60,200 1 Mines— 9 12'A — common 100 9c 34c _« —— —- 8% 29% common—— Breweries 4.50 14 — Winora Apr 12% — Wood 3.65 2.03 7c — Mines Windward Oct Dec Dec 31c 1.08 580 1 Shawkey (1945) Mines.. Sheep Creek Gold—, Sherritt — — Oils Weston Feo 4.50 120 new— Virginia Dare preferred Western Jan 32'A 1.02 34c Ltd Western 1.66 14 %c 28% Mar 25,521 common- Vulcan Westeel Oct 15 %c May 48c Gold Wekusko I 4%c Juiy 4.50 preferred--— _ Mfg Walker Apr 1.36 500 2.38 18% Canada Waite 3.30 1.20 May 210 2.10 Oils Violamac Feb Mar 7c 2.30 III i class Steel Ventures Dec Jun 8%c May 1 class United Villbona 8.25 25c July 60 „1 preferred United Viceroy 10 %c May Feb Nov 32 50 United Keno Hill Upper Dec 2.31 45,015 12c Corp United Fuel Class 1.35 7c 50 — V \ • • „ 1,12 50 Asbestos United 30% 160 134,000 30% Mining United 73 16c _1 Resources Tobacco Gas Union Dec Feb 2.25 12c 1.31 Petroleums Tuckett 10 1 __ Jan Transvision-Television 12% 12% , Warrants 3c —1 — 9% 30'A Gold—, Shawinigan Water Jan * — 12'A 1 ___ 60c Sep 30'A 4%c Nov 73 class A Transcontinental Aug io Petroleums Ltd. 40c 235 May Apr Security Freehold Senator 5c 48 1 Co 21,000 75 Mar 18% Mar Sep 100 Corp common preferred Oil 60,023 87c ______ — Finance Jan 63 St Lawrence Co 3.45 78c 14 %c Petroleums Traders Jun 3.00 63 common. Bridge 2.95 Dec _ ___, 3.25 July 5% May 75c Jun 66 — Mines 3%c Apr 8 Dec 16% Mar .50 Exploration Towagmac Tower * 1st preferred 9,500 32 Trusts _X * Mines—.. Antonio 4.80 12c Jan • St Lawrence Paper 2nd preferred 2.00 Aug 60c 44 —100 Selburn 1,400 Sep 648 • Power & 2.50 4c Oct Sep 91,900 preferred Scythes 2.40 Dec 2.03 Mar 43c 84c 8c l Industries Sarnia 26,500 Oct Nov 66 . • Lake Sannorm 3,405 6c Nov 10 33c 4c Lac Ryanor Mining San 2.50 5.00 Sep 22c 22c 4,000 4.30 5c * * Rupununi Gold Mines 1st ;„i 19c v Jan 63 Oil Saguenay 27c 28 %c 5.00 Dec Oct U7c 66 _ Royal Bank Ryan 79,235 Co Oils Russell 18,300 41c July 24c 27 7%c —_ Little Royalite 28c ?" 9 Anr * ___— Long 26c July 73c „ Robinson Cotton Roxana 27c 39%c 1 _ Robertson Mfg common— Roche 19,450 l ^ Robinson 100 48c 1 Regcourt Preferred 10 29c 1 Reeves MacDonald Reno 10 48c 1 Poplar Gold Mines Ltd Renabie Mines 40c 1 Uranium Redwater-Piccadilly Petro Reef 17 26,700 27% Quesabe Mines Ltd_ 1.84 May 6c Oct Apr 6%c 8'Ac Works — Winnipeg Quebec 6c 50c Mines 43c 43,250 4.30 4%c Silver Aug 2.05 13c Tombill Gold 15c 2.30 9,500 — : 82,050 Nov 85,535 16c — Elevators 48c 49,200 8.35 16c 75 — 96 18 25 %c Properties 30,298 Feb 8c 7.80 16c 85c - Gold Iron 3'Ac 5c 8.05 Thompson-Lundmark General 100,700 20% ___1 Teck-Hughe3 Gold Mines Toronto 22c 4,030 — „ Toronto Apr 35'A ordinary. Prexerred Feb May 34% 7c 11% 2.33 35 1 — Torbrit 30c 20 1 Oct Dec 5,555 8c 12c Dec 630 35% common Toronto 1.20 17% 41c Dec 12% • Oct 17 20.800 Jun 63%c Mar? 4% Aug 100 33% —1 registered Sep 12c 6% 200 5'A May; 18c Sep 35 J. Mines Gold Class A %c 4 17 common Mines Ltd Toburn 8 275 Dec 55c River Theatre „ 22 Jan 12'A Oct 41 Dec „ 48c _■ Iron Mar 15c 1 Pacific Western Feb May . 1.05 May 7% July 86 25 6 18c 1 Mines (Eastern) Parbec Jun 7'% 6,500 1 Page Hershey Tubes Pan Dec 18 %c 5% 27,955 * Gold Red Luke Paramaque May 5%c 7%: 5'A _«_x.___,—_____ 42c 12c 3%c 52c Dec 1.53 o 7%, 1 auk 1.25 4c Nov 37c * Steel common * 241 10 %c 1.47 22c Feb 4%c July 200 5% 9c Feb 6c 495 29c Nov 9c 23,000 5% Oct 5.00 4c 12,000 8c May 6'Ac 17,500 7%c 8% 8% 2.46 Mar * Beauty Supply Ontario Pandora 6c 9 2 Omnitrans Exploration Ontario Pamour 6c 7c * * O'Leary Malartic Lake 7c 7:!'4C * Oils Pacific 42,236 109,450 * Osisko 4.90 1 1 Ltd Selections Orenada 77c 17c Oil Orange Nov 5c * Orlac 25c 21c Ogama-Rockland Okalta 51,600 1 Ltd Mines Lake 34c 41 %c 5 .— Mines Taku Tamblyn 16c —1 * . common Preferred Obaska Oct Oct 17c 1 Gold Inca North 74'A 5'%c 18c 1 Mines Denison North A -_. Syivanite Dec Oct 5'Ac EC'Ac Gold— Canada of Ordinary July 4.55 * Extension Northern 1.05 Nov —* —__— .Surf. Inlet 63c 4.70 1,410 13 Contact 85c 41 Vic 13'A Sturgeon River Gold 2%c 1,900 55 Nov 63c Dec 33c 2,632 —* High 9c 3,075 Olsen Rock 4,000 13,000 - 96 Steeloy Mining 7,180 3%c 90 * 1 Mining Dec 975 9c 14 Preferred 3 %C 74 76'A 1 Mines Normetal olc Dec Dec 19'A 8%c 41c Stedman Bros 76% 90 1 Noriartic 4uC 1 * Apr 1.75 42c 19 17% 9c , 95 12% Sullivan Cons 24c Feb 36c Superior Oils Ltd Supertest Petroleum 2.71 32% 11% May * Gold B Sudbury 200 96 Stanley Brock class Steep 41 40: 12 — Co Aug Low 41c Paving common Standard Radio class A Steei 500 * common—— Standard Class Apr 31,200 -* Chemical Preferred Starr ait 30c 65c ___——.w——:———-—100 Mines Btadacona Standard 140,875 55c 19 _• Brazeau May 5 Mines Soutli 72c 41. ;—• Southam Co Range for Year 1950 High ;57c v 64c ..20 Co common 79c Mines Mines Ltd <N) 12c Mines Nor-Acme Slater 67c ■' —a Malartic 25c Nipissing Noranda Sladen Shares Low .• Jan Julv 2%c Nicholson Nisto 3.70 May Sep 5'Ac * Merger Oct Jut) 2.40 Yellowknife Nib May 9c 3c 6c Oils_ Jun 17c 85c 1.82 .x——_ 105 7,700 7c Mines Apr 185,277 17c Mines Lac Feb 1.84 1.50 2.30 Tiiuroois New 6%c Aug 7,364 Nov 5%c 1 Norzone PacaJta Jan May 19c 1 A/ — Long New Norseman New 101'A —————1 New Marlon Gold New Dec 15c Laguerre Mines Newlund Mines New 68c 46 30'A 2.79 1 New Aug 5c 1 Goldvue 37 Gold Siscoe for Week of Prices Par High 19'A July Monday, January 15, 1951 Sales Range Sale Price 1.27 16c Jason ; 1.33 29c New Dickenson Mines— New Low Week's Last STOCKS Range for Year 1950 High • class A_ National Sewer Pipe Negus Low Par V' Friday Snares Last STOCKS— . 12 Sales for Week Week's . LISTED MARKETS CANADIAN Friday . — 11% .. 17%. Jan 22'A Jan 26 "A Aug Jan 28 Dec 6c 8% Dec 12c . 14 ' " Sep Apr Volume 173 Number 4977 .... The Commercial and Financial Chronicle (237) OVER-THE-COUNTER SECURITIES Quotations for Friday, January 12 Investing Companies Mutual Funds— Aeronautical Affiliated Amerex Par Securities Fund Ask 7.84 4.71 Mutual Funds— 8.60 1% Inc Holding Bid 1 5.10 Corp 10 42 % Managed Business American Business Shares 1 4.08 4.41 American 1 11.05 12.01 _1 10.09 10.91 5 17.73 19.27 1 5% Fund Inc Mutual Axe-Houghton Fund Axe-Hcughton Fund Beneficial Blair Holdings Bond Inv Boston Inc B Corp Tr Corp of 1 2% 22.14 1 x22.64 value asset Steel Manhattan ____10c 9.58 9.59 5 19.61 21.20 1 22.95 25.14 Mass Century Shares Trust 1 39.02 42.18 Chemical Mutual 1 19.14 20.69 Fund Securities com—100 5,475 100 140 Preferred Commonwealth Investment ——1 Mass 26 Delaware 1 16.58 18.23 25c 1.78 National 28 1.96 Fund Dividend Eaton Shares Fund __1 29.55 20.62 22.04 Inc 20c 4.89 5 32.14 Inc_l 2.41 First Boston Corp First Mutual Trust Franklin Preferred stock Common Group 6.03 18.22 1 Investors Trust 18.37 65.38 8.43 Automobile Aviation lc 8.67 8.44 shares lc Electrical Equipment shares_lc Food shares 8.35 12.02 5.33 8.05 Industrial shares lc Machinery shares lc shares—lc 9.76 Investing Company shares__lc 10.54 Low Priced shares Petroleum Railroad -lc 7.54 9.30 Bond lc 10.91 shares lc 2.84 1 5.19 Railroad Steel stock Utility Howe shares lc shares 1 4.57 5.74 Fund 5.97 Income Foundation 1 Fund—_10c 1.97 13.27 1 8.41 10.29 Bank Group lc Group Insurance lc shares shares 82c 1 12.30 13.48 1 10.00 10.96 1 15.58 17.07 stock Stock and Bond Investment Co Investment Group Trust of of supply 16.05 1 11.31 B-l Custodian B-2 (Medium Grade Bonds) 1 B-3 (Low B-4 (Speculative K-l (Income pfd Stocks) Priced Bonds) K-2 (Appreciation S-l (Quality common S-2 (Income com S-3 (Low Priced Loomis (Net Trust (Net bl.65 1.40% 1.65% 10- 2-50 7- 2-51 bl.80 1.60% 1-51 bl.75 1.50% 1.70% 11- 1-50 8- 1-51 bl.80 1.65% 1-50 9- 4-51 bl.80 1.65% 10- 1-51 bl.85 1.70% equipment- 11.52 1 12.61 14.02 1.40% 9- 1-50 13.31 1 12.76 24.72 27.09 1 13.81 15.13 9.01 Coast Utility Invest Fund 14.59 1 8.22 1 7.96 1 8.67 9.50 1 12.29 13.47 1 10.76 Equipment & Trading (Geo) 5 Fund United States 8.72 Bid 3% bl.39 1.00% 25, 1951 bl.39 1.10% March 8, 1951 March 15. 1951 24 V2 26 25 1, Feb. Feb. 17.83 19.17 3.15 3.44 value)_« 56.02 13.12 1.20% March 1951 bl.39 1.28% March 15, 1951 bl.39 *'1.28% April 23, 1951 bl.39 1.30% bl.39 Inc (net asset Technical Fund Inc 7.73 10.34 Texas Par Inc 1 Fund Shares Fund series Fund Science 13.35 12.66 13.69 25c 95c B:. 1 1 22.90 1 11.63 12.64 5.43 5.93 New Bank Bank 19.75 Fund Shares Fund Fund Street 12.25 1 Inc Industry Income Inc 1 Investing Corp 6.19 6.77 12.40 12.65 19.35 21.11 1 Co Manhattan Co—10 4.01 4.35 Avenue 100 343 Trust Co. 1 42% 64% 4% Casualty & Surety 10 Insurance 10 60% 10.15 North Amer Trust Shares— Series 1955 6214 Life 10 68 % 7034 103 107 2.87 1 4.63 First National 1 2.53 Franklin National (White Plains, Empire N Y) 10 20 1 133% 137% 38% 67 69 10 40% 42 .25 68 70 : 31Q Detroit National Bank of Detroit 124 21% ,—10 Pittsburgh 23% 32 34 100 1,215 1,275 10 Bank— Los Angeles 42% 120 10 & Trust Banfcp- Square, N Y_ 10 55 20 12% Manufacturers Trust jCo Morgan (J P) & Co Inc National City Bank 49 53 New 17% 49% 18% York 20 First 20% 54% 237 National Bank United 1,650 52% 100 St. States Nat'l 243 45% 47% -20 92% 95% ,_20 44% 47% 48% 50% 17 51 53 ;_20 24 26 100 171 .177 10- 2614 25 2814 Automobile Massachusetts Bonding 4 27 4014 43 % Merchant Fire Assurance— 29 United States Trust 5 5 Merchants & Mfrs 30% 32% 4 8% 9% American Fidelity $2.10 Prior $1.05 American Alliance : Assur & of American Re-Insurance Newark— Surety Automobile 214 1814 25 Bankers & Shippers 25 Boston 10 Camden Fire 5 Casualty • 10> Federal —10 _ National Casualty National 59% 54 3914 57 59% 14% 16% 68 5 22% 2714 2914 Reinsurance Corp Republic (Texas) St Paul & Great American — Hanover Fire Hartford Fire Hartford Steatnboiler Home 5- 54 % 83% 2% 10 Fire (N Y) & Marine 2 13 57% .25 Continental 100 190 33% 93 53 ,_20 Illinois National Bank & Trust 100 96% 100 245 100 280 300 100 610 630 57 55% r 160 «... 252 Harris 61 57 -20 205 First National Bank Trust & Savings Northern Trust Co Recent 155 86% 3% 30 32 7y8 10 8% 37 12% I; Bonds— Boston San Francisco Bank of Amer N T & S A—6.25 25% 27% 106% 107% 120 2%s 102 % Alabama Pow 4.60% pfd. 100 101% 101% Illinois 1980 Florida Pow Corp 4.60% pfd_100 100% Power Co 2%s Bell Tel Co 2%s——1990 Potomac Elec Power 2%s„1985 Calif Virginia Elec 57 Seaboard Surety 10 13 14% 61% Security (New Haven) Springfield Fire & Marine 101 Gas 2%s 101 33% 42% '33 35 100 535 550 2%s__1980 4.64% 101% 102 >103 100% Texas 105 103% 102 103 100% 100% Transmission— preferred Eastern —100 — Transmission— 44% 10 Pow Gas 104 102% 35% 10 & Tenn 101% 101 1980 Co Northern States Pow $4.10 pfd„» 101% 65% 10 23 Stocks— 102 1980 Public Serv El & Gas 2%s__1980 21 Ask 1980 Dallas Pow & Light 2%s Southern 5 Security Issues Bid Edison . common_5 — Republic Chicago N J 2314 10 —_ Accident _10 5 —— 100 -25 8% 10 5 8% 255 48% 7% 8 245 36 28% 46% 101 35 21% 27 Indemnity Co Casualty Co Providence-Washington 6014 Globe & Rutgers Fire 2nd preferred 3.33% 43 % 20 149 Preferred > 64% Globe 12.50 35% 40% 25 Phoenix 76 58% — —2.50 * 33% Fire Peerless 57 Frisco——10 Firemen's of Newark 35 % 5 Pacific 3714 61 % General Reinsurance Corp Glens Falls 33% Fire Pacific . 10 of 36 58% Northeastern 38 • Fire Assn of Fund 33% 56% 97 100 73% 35 64 Fireman's (Detroit)—10 Northern 108 69% 23% 10 Union 5 22% Fidelity & Deposit of Md—10 Phila _ North River 60% 105 __5 > New Amsterdam Casualty——2" New Hampshire Fire 10, New York Fire 10714 2014 preferred—5 National Fire 63 58% ———10 Employees Group Assoc— _♦ Employers Reinsurance—,—--10 3514 10114 Connecticut General Life—10 Continental Crum & Forster Inc— 2314 60 Convertible 52 % City Nat'l Bank & Trust 19% 22 5714 ——10 . 2714 33 - 10 — — 2514 Casualty.,5 American American » preferred—„_10 61 Louis 25 Equitable 72 57 59 Bank 20 Trust American 69 55 20 Portland 31% 19% 10 100 1.600 American 25 i 42% 298 29% Public Nat'l Bank & Trust—17% Sterling National 25 Title Guarantee & Trust 12 Agricultural 330 40% 59 289 Irving Trust Kings County Trust Jersey Insurance of N Y Maryland Casualty common 365 37 Security-First National 40% 16 Trust Federation Bank & Trust Fiduciary Trust Insur Co of North America ~ 355 5% 100 Industrial Bank of Commerce-10 Aetna —100 16 '. 70% 8.90 Ask Co 33 10 44% 62 68% 2.55 Bid Ask >■ 38% 10 1 Par 31% Mellon Nat'l Bank & Trust—100 Peoples First National Bank 367/8 20 Continental Bank & Trust Trust . 48% 108% Chemical Bank & Trust 10 Commercial National Bank & Type Trusts— Diversified Trustee Shares— Series E 2.50 Ask Bid 20 Bank National City Bank Union Bank of Commerce ' 46% 105% Exchange Bank & Trust_20 County Trust Co. Insurance Companies Par Central National Cleveland 328 10 Central Hanover Bank & Trust 20 Chase National Bank 15 Corn 1956 Ask 307/s York & Guaranty Trust Aetna 1.32% 1.32% Cleveland the of New Fifth 1 Bid 29% York of Bankers Trust •- 1 Wisconsin Investment Series Aetna bl.39 bl.39 1951 Banks & Trust Companies Television -Electronics Fund 12, 66.00 9.49 Franklin Bid 1951 8.46 63.50 1 " Par 5, Clark Unit 35.99 1.32% 1.32% March Independence Trust Shares 35.99 1.32% 1.32% 25.80 Stevens & Fund, 51.96 bl.39 1951 1.32% bl.39 bl.39 1951 29, April 1, 1951 22, Ask bl.39 * 14.20 24.32 bl.39 — 56.02 Amer Shares 2% Shareholders Trust of Boston—1 Sovereign Investors 1 State Street Investment Corp_* 1951 8, Feb. 20 18.42 • Bid 18, 1951 Feb. 4% 1 Fund Selected :> 6.85 Treasury Bills Ask Jan. 11.79 1 Investors Wall 11.14 1.60% 13.98 1 Wellington Fund 10 bl.75 13.19 12.04 1 18.69 Value) 1-51 15.36 1 29.46 6.24 6- 13.82 ——1 stock 35.14 10.19 Due 2-51 Value Line 1 Dated 1- United 25c Rate 12- 17.13 Value) Ask 1-51 3- 1.80% 19.56 Sayles Second Fund— Asset Bid 2- 1-50 1.75% 12.98 Sayles Mutual Fund— Asset Loomis Ask 1-50 6- 1.60% 27.01 Fund Bid 5- 1.55% 32.21 Knickerbocker Fund Lexington Due 1.35% 1.35% bl.75 ' Bond 7.47 Intermediary Credit Bank Debentures Dated bl.75 Preferred Stock 6.84 Rate 1-50 United 16.88 100.3 2-51 Union Stks) 1 100.2 5- 28.13 Stks)_l 99.7 99.8 4- Stks>-1 com .8309 99.5 99.6 1-50 pfd Stks) 1 com .8723 99.8072 3-50 Stocks)—1 (Appreciation S-4 99.8442 1951 1954— l%s March 15, 1955 l%s Dec. 15, 1955 8- 20.87 v l%s March 15, .9033 7- Union 11.89 1%S Nov. .9222 99.8870 1.40% 28.73 17.93 1 .9263 99.9085 1.40% 19.13 Bonds)—1 99.9126 5.57 25.78 1 Ask .8401 12.72 17.59 27.46 1, 1951 14.66 Trusteed __-l 15, 5.08 Scudder, 17.58 Bonds) Bid 99.8178 Notes—(Cont.) l%s Oct. 11.61 Republic Funds— (Investment Maturity— Treasury 13.38 Petroleum 10.72 17.21 98.16 10.86 Putnam 12.29 9.81 98.8 1 Pacific Amer Investors com—10c $1.50 preferred 5 ; lc .9263 Jan, 1.26 Boston—1 America Investors Management Fund—1 Keystone 91c 1957-1955 Price Ask 99.9126 1951 Federal 14.54 Tobacco 14.16 1.14 Group shares——lc 1, 11.28 Steel 32.36 12.92 1%S Oct. 9.22 1 Railroad 2.14 29.90 1, 19.10 17.76 1 Railroad 5.24 5 Incorporated Investors Institutional Shares Ltd— Aviation 4.85 100.18 4.99 1 Public 6.55 Inc 99.8 100.10 Oct. 4.80 Pacific 4.70 lc 99.2 1953-1951 6.27 4.38 Bid l%s July 1, 1951 "B" 1%S July 1, 1951 "C" l%s July 1, 1951 "D" 1%S Aug. 1, 1951 4.37 Oils 8.62 4.28 99.2 1, 1%S Treasury Notes— 5.64 Metals 7.28 7.86 lc shares Plan 6.64 lc shares 99.12 Dollar 8.47 Machinery 5.70 Tobacco 8.20 * Series 3.13 lc 7.75 Merchandising 11.95 Equipment shares RR 7.50 1 Series Group Insurance 7.51 shares 1 Series Series Stock Electrical 10.19 6.85 '■) 99.4 1, 1952-1950 2%s Feb. 1, 1955-1953 Industry 1 Diversfiied Investment Fund.l Diversified preferred stock—1 8.27 lc lc shares 99.8 l%s May l%s Jan. Maturity— 7.95 9.39 11.54 Merchandising Mining shares 7.27 Diversified 10.24 bond 119% • Corporate bond series 9.97 Institutional Ask 118 7/8 Federal Land Bank Bonds— 99.31 * 11.92 Series, Building 5.85 9.10 Bid 1961 U. S. Certificates of Indebtedness 16.18 11.03 Bank 9.63 bond 15.08 1 Aviation 8.82 8.83 General 1 Automobile 13.16 administered shares—lc Fully 99.31 * 100.1 Other Issues 16.92 Agriculture 9.15 lc 15.31 8.59 9.25 — point 3s 16.30 1 1 8.32 > Panama Canal 17.18 15.00 Series 9:50 lc shares Building shares Chemical 7.59 a 37.04 15.89 1 Chemical lc of 99.31 99.29 Central Bank for Cooperatives— :.ri%s Feb 1, 1953 ; 6.70 9.24 shares 34.26 Inc.l Inc v 6.01 Stock Fund_lc iThe) Fund - 70.30 5.56 32nds Issues—(Cont.) --.v'- Boston Bond J'l'rl more 8.98 4.00 19.86 1 8.19 5.16 Securities— Common 6.06 6.13 19.97 Inc_. 5.50 New England Fund New York Stocks Inc— 6.61 2 Corp lc Low Priced Com Stock Series.l Natural Resources Fund Inc 7.62 lc Inc 5.75 Series Selected 6.30 6.95 1 Fund Capital General series Investors Industries General lc 5.22 interest—1 2nd Stock Industrial 30 % 5.69 5.70 1 2.64 28% _1 5.17 1 Stock Inc— series stock Fundamental Gas 10 Fund Custodian Funds -lc 1 or Other 100.1 99.29 1951 one 100 99.31 1951 15, - 1 Speculative 34.74 Industrial Fund 15, Aug i Fund Inc__10c of Priced Income 5.07 Fidelity Fund Inc Financial June 1.70s series Low 31.60 1 Fund 1.80s represent Ask 99.30 5.03 , beneficial Preferred Stock Fund Equity Bond Howard— & Balanced 4.04 Investors Corp Security Series— National 4.75 3.66 Bid l%s April 2, 1951— l%s May 15, 1951 >4.25 Balanced Fund 7.15 Consolidated Investment Trust_l 4.31 Trust— Investors Fund 4.42 > 4.56 Invest Fund Inc, Nation-Wide Securities— " 145 Bond of 4.01 , 3.85 Mutual 5, 625 6.58 . Investors Ctfs 4.42 Federal Home Loan Banks— l%s Feb 15, 1951- lc shares shares Figures after decimal point v.- 4.01 shares.lc Obligations Of Government Agencies Ask ,_>lc 24.48 Broad Street Invest Corp Bullock Fund Ltd Christiana Equipment Petroleum Bowling Green Fund Inc— Net lc Non-Ferrous Metals Paper shares— 3»/4 20.59 Bid i>\. ; shares Electrical Equipment shares-lc General Industries shares—lc Home Furnishings shares 1-c % * America Inc—, Fund 6 ' Funds— Automobile 44 Par — 15 94 97 Standard 5 31 32% Travelers 34 % U S Fidelity Fire 10 10 —10r 5 32% a share 136 140 35 37 35% Accident 37% & Guaranty Co„2 U 46% S 48% 4 67 70 U S Guarantee 10 91 95 Westchester Fire 2 21% 23 price, sales Odd lot of sale stock, (not included in d Deferred N. Y. (not included in year's range), privileges, ♦No wd When par value, year's delivery k Admitted to listing on delivery, tin default. 101% sales Stock 4 range). (not bBid included Exchange, tEx-liquidating wi When issued, JThese bonds % % x are n preferred yield in price, year's Admitted dividend. 100 c Ex-dividend range), to e trading N. (Un) Admitted to Ex-dividend, y subject to Federal all Ex-rights, $2 and Ex-interest, Y. Curb, Unlisted 1/20 f Flat r Cash Trading z Ex-stock dividend. taxes. • 41 The Commercial and Financial Chronicle 4Z . . . (238) show increase compared an Preliminary figures compiled by us, based upon telegraphic advices from the chief cities of the country, indicate that for the week ended Saturday, Jan. 13 clearings from all cities of the United States from which it is possible to obtain weekly clearings will be 20.3 % above those for the corresponding week last •with a stand totals preliminary Our year. ago. year $17,230,571,935 at against $14,320,664,792 for the same week in 1950. At this center there is a gain for the week ended Friday of week follows: Our comparative summary for the 15.3%. Telegraph by Clearings—Returns $8,435,193,901 1950 $7,319,133,109 York 735,544.744 883,000.000 Philadelphia 567,063,233 - U03t0n 469,456,625 + 20.8 — Kansas 380.508,201 — 242,702,047 + 56.8 331,008,000 City 262,300.000 + 25.8 Louis the In Cleveland Reserve Otuer cities, days five + 18.2 + 30.1 $13,017,990,206 $11,017,075,460 3,447.151,441 3,050,449,095 — 6th 9th +20.0 + 17.2 12th San all cities for Total week. $17,230,571,935 $14,320,064,792 +20.3 detailed statement of transactions Our usual'monthly appended. Results the 12 months of 1950 and 1949 follow: York Stock Exchange is the New on tor December and Stocks— 1949 1950 1949 1950 ■ 272,203,402 $91,063,300 $1,007,671,800 $724,750,500 464,000 102.409,670 1,879,700 $99,079,800 $1,112,425,170 & misc. $101,824,300 20.000 IncernatT Bank. govt.— $817,949,0 /0 57,000 7,937,500 22,000 9.354,600 U.S. Government 23,000 Foreign Total bonds $111,221,900 „ The volume of transactions in share 964,000 495,500 properties the on 1947 Exchange for the 12 months of to-1950 is indicated in the following: Stock New York Months— 567,048,298 9,313,398,536 + 21.4 7,880.735.633 7,707,838,431 + 1,142,053,700 26.6 940,580,559 983,202,311 1,072,610,765 733,654,425 + 45.2 827,516,206 848,083,767 " 515,958,478 433,231,489 + 19.1 444,518,759 451.271.210 596.392,558 + 34.0 702,457,596 " 799,320,724 " 1,193,650,079 930,299,540 + 28.3 1,107,146,425 606,885,317 976,356,701 " 591,617,223 433,967,867 + 36.3 487,270,075 504.281.211 7 " 445,583,683 311,642,843 + 43.0 430,600,353 421,408,260 602,295,938 390,910,793 + 54.1 520,587,930 529,659,011 6 " 410,102,323 309,359,958 + 32.6 368,906,474 10 " 841,224,188 664,906,988 + 26.5 830,513,131 309,169,136 787,649,351 17,594,082,755 13,926,771,169 + 26.3 15,107,225,697 14,692,853,004 6,502,685,759 + 32.1 7,484,785,153 7.247,793,698 .... Francisco 112 cities York New and York Reserve District the totals record Federal 2nd New York ._ ... 14 16 ^»«.17 . + 11.5 2,584,008,094 2,704,733,574 * + 10.5 j; 40,088, 463,509 36,273,355,000 37,699.016,651 38,932,106,959 " 4,730, 949,407 4,319,665,959 + 9.5 4,654,754,664 4,562,178,548 4,789 593,185 3,898,212,601 + 22.9 4,471,100,330 4,154,610,194 | f ; 8 " 2,249, 195,014 1,992,693,554 + 12.9 2,061,646,213 2,016,806.625 3,387, 534,543 3,091,940,905 + 9.6 3,189,494,487 2,939,233,859 31 " 7,158, 583,437 5,937,679,613 + 20.6 6,640,134,260 6,207,531,065 7 " 2,504, 218,051 2,310,876,375 + 8.4 2,470,990,943 2,449,528,094 16 15 Atlanta " " 1,968, 089,492 1,611,781,490 + 22.1 1,819,289,477 1,727,598,614 ft i" 2,721,634,622 + 16.8 2,928,265,141 2.780,571,086 f > Richmond 6t'n 18,825,034 17,179,755 20,217,606 16,801,286 23,556,803 23,757,877 21,135,600 22,992,575 19,336,900 9th Minneapolis 10th Kansas City 7th Chicago 8th St. Louis 60,011,467 66,651,580 11th Dallas 11 20,619,550 12th San Francisco 19 May — 41,604,044 45,647,098 18,179,374 17,767,357 34,612,565 42,769,258 30,922,212 - 135,495,807 55.260,715 3,177 ,686,550 3,031 ,812,808 Outside New York City-.——. We append + 24.6 2,526,580,939 2,297,244,481 3,742,329,022 +12.8 3,770,157,330 3,658,791,326 70,801,905,553 80,057,341,151 184 cities Total 2,434,262,612 4,220 031,319 " " - 41,299,505,355 13.1 121,615,584 64,374,300 57,187,920 55,643,415 Wine Months — 373,504,783 176,775,404 225,503,422 181,013,071 38,383,688,945 another table showing clearings by Federal Reserve Districts in the twelve October : November 4th Quarter Full The 27.243,935 39,293,123 95,427,998 —151,294,838 Year the 28,890,940 48,389,813 43,085,469 59,819,556 —— December 20,434,070 28,318,553 27,962,920 bank of course of clearings December and at the leading BANK CLEARINGS AT LEADING (000,000 1950 Few York__ 1949 1948 $ $ 3,748 36,431 3,174 2,039 3,631 2,267 4,468 Philadelphia 4,091 2,126 1,302 1,186 Pittsburgh. 1,615 1,308 2,117 Fran.. 1,858 38,885 7th Chicago 17 8 31 Louis Kansas 11th 7 — 4,342 51,102 45,243 23,735 47,591 1,355 1,374 14,896 13,605 14,499 16,782 14,754 15,656 949 1,001 993 763 843 844 9,928 1,851 Kansas City 1,511 1,353 1,517 15 1,729 1,364 1,606 Minneapolis 1,261 1,031 1,177 + 13.0 50.098,299,162 + 15.4 46,646,702,447 22,476.056,195 + 13.5 22,593,768,272 37,968,958,192 33,535,840,196 + 13.2 33,806,091,898 30,762,563,034 78,109,876,232 67,943,544,341 + 15.0 71,676,386,727 65,781,517,278 27.499,162,301 24,901,729,009 + 10.4 25,738,403,201 23,237,115,922 18,541,203,074 29,503,401,603 44 •; ■!. 44 Outside New + 11.7 21,007,646.632 + 12.6 32,821,438,364 31,149,953,564 26,861,083,107 + 16.0 27,553,902,272 23,106,643,019 45,345,703,773 40,127,960,755 + 13.0 42,445,512,261 37,436,492,966 850,148,720,113 cItles 19,502,162,755 30,188,422,208 City 756,362,436,334 + 12.4 788,238,617,757 736,866,729,063 397,517,309,248 + 13.4 416,684,719,017 375,628,234,200 The following compilation covers 20,794 MONTHLY CLEARINGS Clearings, Total AU Months- 19,546 11,057 9,171 $ 8,328 15,147 17,103 15,421 15,177 16,834 14,905 12,696 14,072 12,468 64,931,164,247 Louisville. $ 3.0 + 4.7 30,505,289,778 67,485,213,609 + 4.7 36,737,560,974 196,253,347,950 188.527,91 L388 + 4.1 102,078,326,309 99,605,570,304 62,320,454,838 60,479,441,080 + 3.0 32,905.046,529 32,258,208,515 36,084,171,990 38,192,041,755 31,905,469,589 + 33,638,665,267 + 13.5 Total 1st quarter 592 527 6,870 6,329 6,224 5,735 1,665 22,855 19,485 20,069 17,745 659 6,097 5,911 6,187 5,518 May 68,420,516,810 61,339,257,369 + 11.5 6,283 5,870 June 71,627,359,741 66,279,363,952 + 605 615 581 6,934 534 569 541 6,833 141 124 136 124 1,503 Milwaukee. 334 275 288 263 Buffalo 411 357 387 395 Ft, Paul- 470 385 427 Denver 529 455 494 ... ludian'polis 292 Richmond 1,372 1,273 3,733 1,295 3,086 3,099 4,058 4,331 393 5,184 4,579 478 5,972 4,540 5,175 4,091 3,998 5,447 4,907 April 2,713 4,671 8.1 188,098,062,401 + 7.6 107,181,260,274 97,802.343,371 398,621,679,339 376,625,973,789 + 5.8 209,259,586,583 197,407,913,675 + 67,584,866,711 60,127,713,988 + 10.6 37,050 064,566 30,972 ,655,300 + 19.6 77,263,792,852 74,118,215,462 61,349,830,740 + 25.9 + 18.3 40,185, 842,768 39,694 420,652 32,634, 480,298 33,210, 090,546 + 62,634,204,109 + 19.5 218,966,875,025 184,111,748,837 + 18.9 116,930,327,986 96,817,226,144 + 20.8 617,588.554.364 560,737,722,626 + 10.1 326,189,914,569 294,225,139,819 78,163, 437,777 74,339, 386,821 62,708,454,477 + 24.6 42,610, 776,928 34,123 047,814 + 62,114.353,678 + 19.7 40,739 ,888,914 33,469 ,198,605 + 80,057, 341.151 70.801,905,553 + 13.1 41,299 ,505,355 35,699 ,923,010 + 15.7 20.7 13.4 July — 239 251 230 3,063 2,737 2,747 2,456 August-' 591 577 7,198 6,438 6,537 5,977 September 505 487 5,371 4,928 4,778 4,520 Feattle 630 504 520 505 6,909 5,794 6,131 Bait Lake C. 5,278 313 266 273 251 3,094 2,804 2,898 Hartford 128 118 128 121 1,385 1,313 1,292 2,450 1,214 Total Oat, all __ 80,057 70,801 74,815 41,299 35,699 38,383 36,691 N.Y.C. We 8,978 now add our 117,896 74,430 850,148 103,322 105,314 Total Total 91,462 .> .... Total 4th 450,840 397,517 416,684 375,628 Total 12 + 10.9 232,560,165,749 months 195,624,713,708 + 18.9 124,650.171,197 103,292,169,429 + 850,148,720,113 quarter 23.1 756,362,436,334 + 12.4 450,840,085,766 397,517,309,248 + 24.9 21.7 detailed statement showing the figures for each City for the month of December and the week ended Jan. 6 for four years: 1950 1949 $ First Federal Reserve District—Boston- Maine—Bangor 1II11— 8,197,857 20,327,478 2,267,153,414 • 7,561,448 18,789,250 2,039,240,238 or + 1950 $ 8.4 + Week Ended January 6- Jan. 1 to Dec. 31— — Inc. Dec. % 93,331,165 1949 $ Inc. or Dec. % + 7.8 + 86,601,196 1951 1950 Inc. or $ $ Dec. % 1,776,546 1,933,427 4,058,018 + 8.8 , 1949 $ 2,070,662 1948 $ 2,080,835 27.4 5,036,443 4,909,502 + 22.8 468,818,965 474,996,016 15.1 1,808,899 2,098,230 + 8.2 228,171,605 209,267,166 9.0 5,171,960 + 11.2 25,348,336,490 22,953,253,360 + 10.4 552,786,068 8,996,177 1—1 8,098,775 + 11.1 107,836,735 93,321,235 +15.5 2,321,117 5,205,291 4,626,789 + 12.5 50,606,782 + 4,417,370 ~~ 3,977,984 + 11.0 52,548,252 47,169,911 + 11.4 10,727,281 9,067,878 + 18.3 111,834.047 95,829,540 + 16.7 2,289,040 1,831,966 + 25.0 2,050,895 1,880,866 41,519,691 35,109,638 + 18.3 467,988,101 399.990,907 '+17.0 10,155,170 8,507,420 + 19.4 8,724,526 7,865,042 34,004,837 26,407,643 118,834,467 51,423,681 + 28.8 349,403,251 274,261,768 + 8.0 1,385,458,177 1,313,629,285 + 13.5 12,177,200 124,822.900 + 19.6 160,033,300 + 13.4 1,503,034,200 79,921,470 71,775,316 30,601,057,177 27,588,466,957 Massachusetts—Boston.— ,"*■ Fall River Holyoke Lowell New Bedford... Springfield Worcester.. « Connecticut—Hartford New Haven Waterbury Whode Island—Providence Few Hampshire—Manchester Total months. December 756,362 788,238 736,866 at— Portland quarter nine November.. -Month of December- Clearings 3rd October—. 645,404 6.0 202,368,331,389 months 495 9,718 9.6 quarter six 563 9,452 13.1 Total 515 10,921 2.0 Total 2nd 637 *tot.27cities 69,136 61,349 65,097 65,452 732,252 653,040 682,924 2.5 + + + Memphis . 3.3 56,111,533,532 70,630,016,771 1,848 687 1.3 2.6 + 58,756,227,011 March 567 _ + + February 1,645 ... Inc. or Dec. 34,313,779,838 29,720,358,220 35,571,432,246 34,835,475,557 ' • $ :■ + 612 Providence. Other cities 1949 1950 Inc. or Dec. % $ 66,867,104,168 January Clearings Outside New York — 1949 1950 10,070 10,796 8,516 the clearings by months since Jan. 1, 1950 and 1949: 2,046 Detroit 20,661,240,992 21,776,757,480 44 184 York 41,159,461,475 V. 33,995,582,664 44 12,952 13,711 14,113 1,512 1,138 45,599,632,421 47,697,789,878 43,296,992.080 25,517,834,803 44 Francsico 23,098 16,707 17,683 1,452 Cleveland- 19,512 373,602,500,978 . 53,916,451.865 44 43.381 1,878 385,328,850,615 10.9 499,955,823,413 44 44 $ 27,474.956,301 + 11.3 372,242,388,854 44 1947 28,521,615,906 + % 450,840,085,766 16 City Dallas San 414,311,558,649 " Twelve Months $ Dec. 27,583,466,957 €t 9th Minneapolis 10th 36,541 22,953 898 Omaha Atlanta 8th St. $ 371,553 361,238 35,806 1,059 Few Orl'ns. Richmond 6th 16 _ Cleveland Total $ 25,348 Cincinnati- _ 3rd Philadelphia 5th 14 _ months 1947 40,674 21,982 12,154 Baltimore 1948 $ $ _ for four years: 1948 Inc. or 1949 30,601,057,177 4th 12th 3,445 2,269 1,534 Pan __ 1949 $ 37,739 399,308 358,845 4,404 1,325 Ft. Louis 1950 $ 38,757 35,101 „ ... shown below: 1st Boston Jan. 1 to Dec. 31 — 1947 $ for ended CITIES IN DECEMBER —Month of December— omitted) cities months twelve with December in each of the four years is Boston 72,610,823 76,715,543 524,799,621 272,203,402 302,218,965 253,623,894 month Chicago 28,634,629 16,370,922 27,605,272 1950 $ York 36,691,501,568 Twelve Months Twelve Months Twelve Months New V (14 cities). .. 128,366,282 58,348,053 14,565,500 141,514,800 7,839,805 2,751,183,836 , 7,335,909 2,467,473,800 55,474,276 450,155,931 * 2,016,535 + 9.6 927,698 "713,470 + 30.0 + 6.9 + 11.5 r 907~294 788,803 + 27.4 9,069,631 6,378,057 + 42.2 6,104,990 6,268,783 5.5 30,913,467 27,796,126 + 11.2 31,206,993 27,181,740 555,301,691 + 18.4 14,856,060 14,167,632 + 4.9 12,677,911 11,756,203 142,356,000 + 12.4 1,295,102.800 + 16.1 34~008,800 28,048,700 + 21.2 25,463,200 25,"898~800' + 11.3 1,834,680 1,329,374 + 38.0 1,521,778 1,323,478 + 10.9 666,267,118 546,779,775 + 21.9 566,392,556 567,048,298 * 657,686,108 L | Federal Reserve Districts O 2nd 74,430,934,425 74,815,438,529 +15.7 + v! 35,699,923,010 —— Quarter —— , i $ $ % 2,467,473,800 16 5th f&E Months 251,889,199 112,401,104 168,315,502 125.369,656 July —44,548,555 18,751,895 24,585,115 25,472,787 15.039,275 14,153,458 21,785,250 August 38,472,675 17,562,530 16,017,170 23,837,155 ^September 38,594,354 Dec. 1947 1948 Inc. or $ 2,751 183,836 14 cities .. 3rd Philadelphia In the Kansas City Reserve District the in¬ 16.8%, in the Dallas Reserve District 24.6%, 1949 v,:i is and in the San Francisco Reserve District 12.8%. Reserve Districts 1st Boston 20,615,786 17,482,740 crease 1950 197313,984 3rd the are by 22.1%. gain of 10.5%, Month of December— No. Shares 108,304,035| 58,718,076 ■ a The Cleveland Reserve delphia Reserve District of 9.5%. 57,140,389 2nd Quarter totals in the Boston Reserve District of 11.5% and in the Phila¬ 48,244,665 June Reserve District Reserve larger by 20.6%, in the St. Louis Reserve District by 8.4% and in the Minneapolis Reserve District 42,576,115 33,406,252 40,411,025 — Atlanta the and Chicago the In the 1950 il6,393,392 Quarter 12.9% of 9.6%. of District April 1st improvement of 22.9%, the Richmond an District Reserve 13.1%, aggregate of clearings having been $80,057,341,the 1949 aggregate $70,801,905,553. In the New No. Shares - District shows the clearings for For that month there was an increase for the entire body of clearing houses of No. Shares - February Uarch 8,592,096,122 City. We also furnish today a summary of No. Shares January $ 666,267,118 566,392.556 " — __ 4th Cleveland 1.947 1948 1949 1950 v $ 21.9 91,739,070 Bonds— ttailroad Dec. % 4 the month of December. 151 524,799,621 39,293,123 59,819,556 of shs._ number -Twelve Months— Month of December Description— '■ 1948 1949 Inc. or $ " 6 Total Outside ♦Estimated, Districts: 1950 10 -— Minneapolis $16,465,141,647 $13,667,525,155 765,430,288 653,139,637 one Reserve BANK CLEARINGS 7,668,794,626 901,830,307 Louis day.. cities City Reserve District the totals register 54.1%, in the Dallas Reserve District of 32.6% and in the San Francisco Reserve District of 26.5%, of 17 Atlanta 8 th St. Kansas 11 Chicago 11th Dallas all cities, five days J Total increase + 10th Kansas City Ah the " 5th Richmond + 32.8 In an 546,779,775 —12 cities Philadelphia + 16.5 and 34.0%. In the Chicago Reserve District the totals show a gain of 28.3%, in the St. Louis Reserve District of 36.3% and in the Minneapolis Reserve District of 43.0%. $ Cleveland 283,340.303 45.2%, in the Richmond Reserve in the Atlanta Reserve District by 19.1% by 7 3rd 4th 217,793,039 larger are by by Federal OF expansion of 21.4%, in the Boston Re¬ and in the Philadelphia Reserve In the Cleveland Reserve District the an 12 + 19.0 373,303,727 summary a SUMMARY _ 7 th five days furnish York New +23.4 253,755,915 totals District the bank clearings at this increase of 21.3%. We group Districts 1st Boston 2nd 319,272,000 —~ cities we record District of 21.9% District of 26.6%. 1951 Federal 284,433,593 __ — Baltimore 10 following an Week of Jan. 6— 351,003,079 Pittsburgh totals serve Outside of this city there 1950. 32.1%, registered "380.000,000 Francisco Ban of increase an center having + 21.3 + 19.0 1951 — — Ohicago the New not avail¬ able at time of going to press. Accordingly, in the above the last day of the week in all cases has to be estimated. In the elaborate detailed statement, however, which we present further below we are able to give the final and complete results for the week previous—the week ended Jan. 6. For that week there was an increase of 26.3%, the aggregate of clearings for the whole country having amounted to $17,594,082,755 against $13,926,771,169 in the same week in according to the Federal Reserve Districts in located and from this it appears that in York Reserve District (including this city) the which they are Saturday and the Saturday figures are ends Cent + 15.3 832,154,150 1.051,000,000 Week Ended Jan. 13 Hew the cities Complete and exact details for the week covered by the foregoing will appear in our issue of next week. We cannot furnish them today, inasmuch as the week was Per CLEARINGS B ANK OF COURSE THE Bank clearings this week Monday, January 15, 1951 + Volume 173 Number 4977 . . The Commercial and Financial Chronicle . (239) -Month of DecemberClearings at— « 1950 , -Jan. 1 to Dec. 31- 1949 ■ Inc. or 1950 Dec. %] Second Federal Reserve District—New York— V New * orK—Aioany 101,175,012 Binghamton 14,257.920 Buffalo 1,722,111,948 173,681,378 + 15.2 7,223,304 Inc. or + 20.7 4,0 1 l.UUO, 1951 + 13.908,629 9.0 + 159,405,496 4,Ooo,ooa, 1U / jr»n r>r>^ 07c; 2.1 — lo.l 84 -750.5Q3 112,711,896 92,862,381 + 21.4 358,845,127,086 + 11.3 ' 103.613,242 89,289,988 + 22.8 1,156.019,160 999,687,598 74,611,284 58,642,935 + 27.2 800.383.448 659.460,374 3.822,805 12,350,228 + 19.7 166,903,502 140,279,670 ;+19.0 54,266,757 + 28.4 " (a) Newark 1948 A $ 24,178,875 + 29.1 —42.6 + 21.4 14.780,990 " Utica Connecticut—Stamford New Jersey—Montclair 1949 , '+42.3 V- 399.308,634,347 69,670,938 I Syracuse 3.250.035 2,194,177 + 10.4 + 33.2 t 5.8 — ■78,934,940 , 8.484,023 J 14.765,059 4,195,790 35,101,982,543 * Dec. % 112,309,693 1 + 18.0 11,299,774 • " Inc. or $ 38,757,835,796 York Rochester 1950 Dec. % 3,685,792,345 1.9 + 357,656,012 8,715,947 Jamestown New 13,992,340 411,952.359 Elmira Week .Ended January 6 1949 $ —13.6 117,063,283 43 22.884,574 3,101,258 ", 2,914,478 79,420,459 v 95,120,708 1,919,471 1,916,370 1,800,663 1,446,181 + 24.5 2,099,187 2,029,431 9,001,986,633 7,424,085.410 + 21.3 7,622,440,544 7,445,059,306 27,828,585 20,482,664 + 35.9 22,265,523 18,144,623 F 14,413,000 + 25.9 14,401,861 + 15.6 I 16,387,242 I:1 j. 4,128,988 13,419,783 i J;-' x 22,354,051 ■i 14,140,019 + 15.9 13,704,376 10,607,005 820,394 852,756 (a) [+13.3 54,012,646 42,423,356 + 27.3 43,085,608 746,697 38,452.645 + li.6 60,629,855 50,178,401 !+ 20.8 53,298,077 52,333,383 9,313,398,536 7,668,794,626 .+ 21.4 7,880,735,633 7,707,838,431 + 24.2 1,188,432 1,271,562 + 37.8 1,214,961 . 247,143,809 204,252,651 + 21.0 2,416,644,132 2,133,226,498 258.921,344 236,591,330 + 9.4 2,84i.,84^,tfb2 2,oio,xod,ia I 8,485,094 Northern New 7.430,618 / + 14.2 90,217,443 87,783,694 40,088,463,509 36,273,355,000 ..+10.5 414,311,558.649 372,242,388,854 + 11.3 7,055,802 4,392,553 "+ 60.6 64,898,955 57,465,230 + 12.9 946,973 762,333 6.551,361 5,866,215 i+H.7 67,582,389 56,998,186 + 18.6 1,411,595 1,024,388 5,101,158 5,280,276 3.4 59,789,927 58,160.418 + 2.8 1,104,944 1,097,766 + 0.7 1,329,334 25,594,775 1,077!,549 21,612,586 + 18.4 291,034,291 18.088,434 14,607,122 + 23.8 3,124,780 2,666,101 + 17.2 3,496,017 3,400,358 5,534,989 4,149,331 + 33.4 7,176,319 6,272,893 + 14.4 9.2 1,093!000,000 861,000,000 + 26.9 899,000,000 941.000,000 Jersey"!" Oranges Total (14 cities) ; 2.8 + Third Federal Reserve District—Philadelphia Pennsylvania—Alteona Bethlehem _ - Chester - ~ ~~~~~ Harrisburg " Lancaster Lebanon " * !_!!___!.!_ !1!I Norrlstown Philadelphia Reading _ 167,429,326 + 11.6 55,747,145 48,463,466 + 15.0 80,029,298 72,298,179 + 10.7 4,091.000,000 + 51,102,000,000 ~ Du Bois Hazel ton 164.516,381 147,764,693 + 11.3 + 7.9 295,958,678 261,883,246 + 13.0 12,511,216 + 4.9 144.509,612 132,634,447 + 17,345,412 + 29.7 258,060,255 206,374,716 1,000.189 1,463,979 6,792.940 [ Delaware—Wilmington •*•••• + 13.0 +18.5 13,128,144 ;;;;~ 45,243.000.000 13,624,373 23,659,128 22,493.592 _ York New 186,798.512 895,169 + 12.6 16,149,164 ' I—IT—IT Wilkes-Barre 258,520,148 25,521.498 ~~~ Scranton ' - - 4.468,000,000 . — 6,900,141 3,339,418 16,437,182 15.354.503 + 76,766,953 73.043,654 + 5.1 3,650,050 3,281.1% 4,989,765 5,287,966 3,425,706 —17.4 3,620,497 2,461,102 5,110,762 7.7 4,633,971 4,606,031 13,856.418 + 7.1 1.6 3.9 + 53.0 5,502,735 + 25.1 —31.7 + 4,773,725 2,829,363 8.9 3,213,994 7,304,269 ■»' — \ 60,282,234 Total (16 cities) 49,635.087 + 21.5 584.714,532 470,946,333 + 24.2 13,591,339 10,143,220 + 34.0 42.478,808 Jersey—Trenton 9,702,802 41,345,647 + 2.7 167,607,755 427,513,333 + 9.4 9,898,284 8,612,307 + 14.9 7,754,730 6,064,960 4,319,665,959 + 9.5 53,916,451,865 47,697,789,878 + 13.0 1,142.053,700 901,830,307 + 26.6 940,580,559 983,202,311 4,730,949,407 ,, Fourth. Federal Reserve District—Cleveland' Ohio—Canton 35,822,402 28,882,587 + 24.0 + 17.0 8,683,738 5,886,949 + 47.5 898,895,712 763,160,564 + 17.8 9,928,712,159 8,516, 752,660 + 16.6 223,325,046 150,909,248 + 48.0 162,747,970 170,563,792 1,729,280,230 1,364,041,489 + 26.8 17,683,828,675 + 16.5 444,342,403 283,826,484 + 56.6 301,769,863 325,546,183 174,184,100 154,088,200 + 13.0 + 11.3 36,428,000 30.025,800 + 21.3 35,266,000 28,282,900 8,243.981 8,656,641 5,252,628 4,706,877 ! 25,151,162 " 43,862,580 25,055,812 108,551,701 "111 Cincinnati Cleveland ! .♦•Columbus " ~~ Hamilton Lorain Mansfield Youngs town Newark • II™ Toledo Pennsylvania—Beaver County 407,695,330 348, 550,902 6,383,724 1,900,415,800 4.8 99,607,018 85, 680,995 + 16.3 11.6 60,719,849 53 709,508 + 13.1 21,602,314 + 16.1 274,036,005 233, 605,629 + 17.3 5,755,420 4,499,523 + 28.2 4,638,437 4,718,549 35,807,212 + 22.5 422,086,005 368, 968,109 + 14.4 7,966,901. 7.154,901 + 11.3 7,045,284 6,722,477 18,234,522 + 37.4 239,904,273 215, 632,230 + 11.3 85.051,964 + 27.6 1,083,742,787 887, 281,134 + 22.2 346,109,257 256,360,520 + 35.0 307,568,088 305.861,142 1,072,610,765 738,C54,425 + 45.2 827,516,206 848,083,767 3,225,411 — + 2,618,301 + 23.2 30, 316,976 + 10.4 2,568,976 1,871,504 + 37.3 24,954,629 22, 759,502 + 1,615,194,152 Greensburg Pittsburgh 3,480,564 15,177, 252,645 1,706, 809,200 1,308,498,301 + 23.4 16,782,418,740 14,754, 868,469 + 13.7 Erie___ 29,280,683 Oil - 33,468,500 9.6 23,997,184 + 22.0 307,107.962 255, 489,925 + 20.2 20,222,396 19,172,908 + 5.5 227,062,590 217, 810,860 + 4.2 Kentucky—Lexington 44,354,392 39,058,499 + 13.G 266,662,945 229, 493,541 + 16.2 West 20,446,862 18,763,534 + 9.0 213,400,146 192 ,009,795 + 11.1 + 22.9 49,955,823,413 43,296,992,080 + 15.4 City Virginia-—Wheeling • Total (17 cities)— 4,789,593,185 i— .3,898,212,601 • • ! Fifth Federal Reserve District—Richmond— nond— -West Virginia—Huntington 13,717,315 Richmond Eeuth Carolina—Charleston 144,885,919 132,998,167 + 2,398,541 + 18.9 57,420,000 + 16.9 675,939,000 598,582,000 + 12.9 14,279,000 11,593,000 + 23.2 12,958,000 11,650,000 563,519,204 + 13.1 7,198,764,814 6,438.699,178 + 11.8 157,539,537 131,633,397 19.7 148,565,179 142,119,222 18,607,985 16,631,511 + 11.9 38,034,463 35,244,983 + 1,059,006,748 949,557,484 5,782,367 Columbia ; + 23.2 11,134,026 67,121,000 637,514,835 Virginia—Norfolk 4.896.317 409,410,301 354,290,029 2,249,195,014 1,992,693,554 . Maryland—Baltimore.— Frederick % District of Columbia—Washington Total (8 cities)_. * 200,604,190 8.9 2,852,442 177,355,923 + 13.1 7.9 416,123,971 388,696,519 + 12,154,903,802 10,796,546,527 + 12.6 + 18.1 58.729,876 53,105,927 -+10.6 + 15.6 4,667.883,231 3,890,071,954 + 20.0 92,565,010 + 12.9 25,517,834,803 22,476,056,195 + 13.5 3,676,380 515,958,478 2,830.091 3,364,297 7.1 + 11.5 + 4,857,867 + 32.1 4,345,693 + 19.6 202,816,744 3,764,649 : 243,864,622 f'\v•,*»;. .:•*•/ 203,988,275 4 . ■ . ., .... .■* ____L 217,990,881 . + 15.8 79,941,896 433.231,489 : 72,468,846 72.916.367 19.1 444,518,759 451,271,210 + V+nBUth Federal 'Reserve District—Atlanta— ■n Tennessee—Knoxville Na'Shville ■«: .109,304,774 ... -/ 294,780,519 1,141 600,000 19,471,895 3,986, 631,166 3,518,056,260 + 13.3 ,84.313,498 58,642,526 7.5 12,910 100,000 11,603,100.000 + 11.3 302,200,000 226,600,000-. 257. 301,921 219,523,524 + 17.2 245 642,942 202,047,291 + 21.6 207, 622,173 178.858,781 + 16.1 +33.3' 22,746,020 « Florida—Jacksonville 19,406,150 +17.2 20,225.663 , Macon 986 734,427 9.6 + 1,062,200,000 36,961,206 +.15.7 — 326,120,470 . Columbus a 94,457,123 _ _ Georgiar—Atlanta Augusta.j 18,424,313 + 471,839,401 .. 9.8 +17.31 402,323,258 850,623,005 5,123 496,379 + 16.0 22,829,706 k 3^529,035 ■1. 3!Hl503*:V 44.2 + . 3,852,924, 5,866,088 4. + 15,836,213 43.8 19,331,877 74,886,336 ,r+ 33.4 252,200,000 18,394,941 ! 69,246,955 202,000,000 + 52,2 4,968,621 4,552.632 + 0.5 47308,692 3,755^948 4,247,369.930 + 20.6 122,476,370 86,790,922 + 41.1 88,850,115 86,343,272 43,592,509 36,058,655 +20.9 408, 114,051 338,562,527 + 20.5 517,193,758 436,428,820 +18.5 5,583, 465,756 4,842,366,814 + 15.3 115,077,601 93,567,294 + 23.0 118,327,642 100,679,358 Mobile 35,520,580 28,716,683 +23.7 321,287,559 + 11.6 7,570,914 7,110,101 + 6.5 7,494.701 7,597,019 Montgomery^ 19,852,954 16,883,156 +17.6 221, 891,000 183,086,919 + 21.2 19,450,000 18,053,000 + 7.7 221, 877,000 197,148,000 + 12.5 +17.3 + 16.2 Tampa + Alabama—Birmingham Mississippi—Hattiesburg . Jackson 358 623,321 v 43,569,850 37,144.002 482, 307,106 415,097.228 Meridian . 6,775,915 6,215.730 + 9.0 77, 835,220 66,283,661 + 17.4 Vlcksburg 2,820,119 2,302,995 +22.5 26, 388,295 22,689,775 + 16.3 598,187 470,152 + 27.2 550,713 509,275 612,301,275 567,734,654 + 7.9 6,870, 927,435 6,329,738,922 + 8.6 134,859,325 100,010,923 + 34.8 132,475,635 112,868,981 3,387,534,543 3,091,940,905 + 9.6 37,968,958,192 33,535,840,196 + 13.2 799,320,724 596,392,558 + 34.0 702,457,596 606,885.317 + + 13.8 1,752,555 1,550,589 +13.0 1,729,413 Louisiana—New Orleans __ Total (16 cities) " Seventh Federal Reserve District—Chicago— Michigan—Ann Arbor 8,350,888 6,452.686 29,4 80,034,204 2,046,708,194 1,645.979,331 + 24.4 22,855,272.880 70,325,1.43 19,485,020,385 22,983,731 Detroit 16,398.092 + 40.2 268,020,639 199,576,520 581,765,302 499,256,596 Flint Grand Rapids . + 34.3 + 16.5 46,550,502 + 18.2 Jackson 8,808,237 6,740,107 + 30.7 91,967,421 73.289,448 Lansing 28,955,183 25.552,804 + 13.3 304,934,210 277,745,522 + 12,800,286 9,708,841 + 31.9 134,350,663 110,911,317 + 8,478.108 + 8.1 123,726,223 99,076,625 + 12,379,925 9,624,463 + 28.6 12,639,169 11.087! 589 5,079,728 4,480,142 + 13.4 6,151,098 4,898,055 24.9 + ■: 21.1 9,165,166 , ■ __ 9.8 Muskegon . 14.2 55,008,271 Bay City Indiana—Fort Wayne Gary 12.9 + 25.5 , ___•: ________ 29,818,782 26.408,027 + 7,968,432 5,087,104 59,645,645 51,331,899 + 16.2 664,972,426 595,384,179 239,346,136 22.3 3,063,998,481 2,737,740,867 + 11.9 66,529,000 62,185,000 South Bend 42,562,557 34,863.558 +22.1 434,462,616 21.2 Terre Haute 16,304,245 13,152,054 4 24.0 157,556,781 139,446,634 + 13.0 9,710,252 3,905,314 21,477,703 19,441,621 + 10.5 250,380,312 223,894,525 + 11.8 334,065,691 275,258.196 + 21.4 3,733,899,321 5,065,422 4,560,128 + 11.1 •56,848,885 3,086,988,680 52,679,584 + 21.0 Oshkosh Sheboygan 9,391,374 8,199,645 + 14.5 99,985,143 Watertown " 1,416,225 1,286,403 + 10.1 16,259,862 Wisconsin—Madison - Milwaukee + / ; Manitowoc * Des Moines Sioux City Afflw. • :7 20,754,733 . 76,387,322 Peoria. v,,> 5,939,538 3,748,872,841 35,769,255 6,923~,908 6,203,480 7.0 69,075,000 57,626,000 24.3 780,228,064 704,055,288 0.7 29,285,066 79,854,480 +29.6 ^67,650,637 +18.1 40,674,982,668 35,805,922.419 + 50.9 201.941,508 55,300,282 : • _ 23,757.574 15,851,390 2,320(431 7,158,583,437 5,937,679,613 +19.8 _ 612,914,762 + - • • . 1.3 < / 16.9 34,418,101 1,748.279 +13.6 548,974,380 907,788,534 "i)i + 15.4 ■ 11,6 + 22.0' 6,329,833 10.2 20.6 25,501,882 21,302,574 + 19.7 +20,6 , 28.4 + 17.7 31,529,988 32,407,248 15,214,140 18,854,736 1,060,368 , ' 702,705,678 2.732,399 , 78,109,876,232 67,943,544,341 + 15.0 14.896r443.909 13,605,415,859 9.5 347,COO,000 • . / :-■+ 853,895,683 77,2 1,572,511 1,292,790 + 29.2 --4,202,009 742,74^569 3,5741514 r. 11,861.815 13,523,984 + 37.7 5,086,637 + 24.4 6,365,937 3,376,227 + 4.1 •4,587,640 4,418/225' 930,299,540 1,193,650,079 •• . 1-64.9 + 9,574,743 + 28.3 1,107,146,425 976,356;7ei 245,800,000 + 41.4 265,400,000 3,515,719 + 4,107,558 4,267,244 + + 30.8 3,586,034 4,841,227 + /+ . ,, + 302,837,531 :■« 65,125,804 - 178,113,999 ' 63,668,067 29,243,148 / 16,489,693 +15.4 174,948,394 ' ^ V 248,197,060,.': + 19.6 + 38.2 12,608,210 4,603,809 ■ 10.4 -+10.8 ) :. 5,629,550 t « _• 196,278,090 +26.1 v 1,924,813 — Sterling— ♦ 46,175,250 29.950,247 / 68,2.92,869 3,275,334 10.9 — 58,646.881 . 8,805,021 6.6 + • + 37.5 + 42.6 67,594,651 93,402,184 +48.8 r 29,665,050/ +19,4 <13,941,372 ' -.18,954,002 * Rbckford__ 184,268,659 7,064,287 2,738,860 8.0 + 1,491,753,381 •' + :+.. 7.9 . + 32,246,770 218,838,295 .1,647,354,971 — 3,174,734,930 + • 15,246,684 . 25.8 * 21,041,442 + + 92,577,911, Y + ':•/ i 358,448,535+ + 4,812,798 ___— Total (31 cities) * ' 278,547,462 + 25.7 2,679.209 ■ 7,093,086 __ 318,003,054 +25.0 / .61,455,010 . 6,235,941 - -Springfield. 127,307,245' 2.659,733 _ Blownington •\y. Chicago <"'■> Detiatur__, ? 16,516,127 160,179,751 _ f Illinois—Aurora > 2,876.219 - 3,596,111 Iowa—Cedar Rpalds * + 56.6 + 11.7 292,709,915 _ Indianapolis . 1.27T.986 17.3 + 13,187,494 /' • 4,974,061 //;, Eighth Federal-Reserve Bhtriet—St. Levis— Missouri—St. Louis 1.302,229,464 *'y Cape Girardeau v 12,693,836 Independence.,. Kentucky—-Louisville -Tennessee—Memphis"___ Clinoij—Jacksonville --<iuihoy -+ 11.912.G65 1,863,469 9.8 + 1,186,304,931 • 2,169.058 6.6 • » ■ 142.541,133 133,758,070 +16.4 -24.062.006 19,301,711- + + Total a cities>_„ 284.OOd.OOB- 24.7 9.0 6,934.397,261 6,097,652,053 515,799,316 * ; • •+-• 6.6 " 495,386.403 + -4:1 5,371,077.425 4,928,942,331 + 9.0 2,086,583 1.826.276 -+14.3 22,405,887 20,771,028 + 9,586,552 8,311,262 +1,53 108,234,680 95,887.956 + 12.9 2,504,218,051 2,310;876,375 27,499,162;301 24,901,729,008 138,933,272 106,946,503 + 29.9 109.455,241 102,878,952 79,448,267 + 29.5 110,187,309 1/773,W7 •4--24.4 2/22T525 433;967,867 •+36.3 487,270,075 117,332.866 100,740.217 7.9 v 659,653,242 ■ 605,271,369 + '+" 8.4 + 13.7. + 10.4- 2"204,999 591,617,223 ' ., 2,200.128 ' —-.*504,281,211 44 The Commercial and Financial Chronicle (240) -Month of December- Clearings at— Inc. or " 1949 1950 Dec. °lo Inc. or 1948 1949 Dec. % 1950 1951 Inc.or Dec. % $ $•", 1951 Monday, January 15, . Week Ended January 6- -Jan. 1 to Dec. 31- 1949 1950 . . $ S Ninth Federal Reserve District—Minneapolis— Minnesota—Duluth 28.994.305 24.714,175 1,261,711,657 1,031,961,693 7,534,404 6,221,298 + 21.1 470,518,338 Minneapolis 385,315.618 + 22.1 4,079,870 3,954.222 Rochester St. Paul Winona Fergus North ' , Falls 17.3 22.3 336.543.G49 14,113,814,127 1,288,702 1,183,700 31,903,045 43,892,167 + 10.9 4,637,000 5,286,000 —12.3 5,673,651 4,872,414 + 16.4 16,340,363 13,788,956 30,217,831 Dakota—Aberdeen 4,540,802,936 47,004,120 1 13,487,549 351.551,110 + — 59,763.266 + S 105*13 5,533 81^027,651 106*4*33,054 92,133;763 7,952,478 5,778,250 + 3,620.884 2*636,223 + 37.3 4,043,382 3*149,575 + 28.4 12*047, 111 9^440,735 + 34.0 4.3 1 + 5.8 62,341,658 y + 18.6 185,194,735 174,967,338 26,613,005 + 13.5 313,012,114 282,283,739 2,886,671 + 38.8, 17,067,758 + 16.6 209,237,216 "193,821,382 12,324,690 + 30.1 173,015,590 •157,146,709 41,898,689 + 41.8 562,966,392 491,824,701 +14.5 38,648.215 ., f* +2*3*8 - ~ 37*6 - 34,114,905 „ . 8,401,006 8*7*c"£920 3,285,671 3*3*75,737 " 4,440,207 4,200,673 * 11,09*8,869 ; ' * +10.1 59.394,026 Great Falls 5.937,482 297,570.992 4.6 — 16,031,440 Montana—Billings 5,943,451 290,997,495 8.1 53,111.000 19,893,857 Huron + 28.2 + 49.5 0.1 13,484,411 50,683,000 '• 4,005,548 Sioux Falls 5,417,187 204,193,222 7.1 V, + 380,098,133 8.9 + * Minot 78,055,754 5,184.634,650 6,945,614 "305,238,681 + 8.8 +11.2 + 5.2 +14.2 309,338,568 „ 12,696,801,286 82,111.487 ... 3.2 + 35.378,102 Dakota—Fargo Grand Forks South + + > + 10.9 . +13.3 - - + 8.0 ' Helena '* 9,426T,693 ' Lewiston • Total (16 cities). '*'■ 2.384,398 1,968,089,492 + 33.3 1,789,356 1,611,781,490 23,967,983 21,200.345 22.1 21,776,757,480 ' +"13.1 19,502,162,755 + • . 311,642,843 + 43.0 504,107 445,583,683 + 11.7 + 88.9 * — 421,408,260 430,600,353 Tenth Federal Reserve District—Kansas City- Nebraska—Fremont Hastings Omaha + 47.9 2,256,900 31,018*191 34.201,840 389 117,969 351 595,412 6,833, 253,981 5,911, 094,223 + 952,357 478,294 8,271,234 6,734,814 + 22.8 153,474,710 99,125,514 + + 632,659 737,667 7,152,001- 7,614,781 534,099,643 + 28.7 2,969,708 2,622.637 + 13.2 1,480,424 Parsons 133,259,002 117,422,882 54.8 687,380,211 Kansas—Manhattan 751,527 595,756 + 42.2 1*0*7 + 15.6 27,925,238 2*1*2 + 22.5 680,244 3,339,093 37,583,309 Lincoln 1,240.052 + 19.4 15, 958,800 16, 603,933 37,341,537 +, 6.8 424, 264,395 376 635,083 + 12.6 7,933,480 7,408,745 + 7.1 7,027,033 593 ,639,619 + 20.4 17,103,099 11,507,808 + 62.8 15,716,370 + 11.4 33, 012,745 + 10.0 30, 017,483 3.9 — > Topeka 39,863,836 Wichita 71,387,267 27.338,360 + 24.5 715 026,707 7,506,369 6,237,117 + 20.3 77 512,868 69 ,557,484 1,511,388,300 1,353,694,346 + 11.7 16,707 120,463 15,147 ,198,256 + 10.3 394*14*9,418 250,936,366 + 57.1 355,138,096 61,021,688 51,391,825 + 18.7 596 338,412 537 ,191,889 + 11.0 13,793,558 9,700,540 + 42.2 11,213,134 2,504,967 2,247,702 + 11.4 22 267,215 19 883,913 + 12.0 1,702 616,305 + 11.9 2^07,844 + 16.5 3,151,181 1*9*72,624 2,006,761 + 50.3 2,538,818 2,170,245 390,910,793 + 54.1 520,537,930 529,659,011 Missouri—Joplin Kansas City Joseph Carthage Oklahoma—Tulsa Colorado—Colorado St. i 195,808,850 1,905 ,772,715 + 16.9 167,508,600 13,285,483 10,116,205 + 31.3 135 ,568,872 121 ,219,314 + 11.8 529,387,835 455,050,968 + 16.3 5,175 420,860 9,470,539 + 34.3 107 ,823,196 + 24.4 -3*015,4*29 3,177,686,550 2,721,634,622 + 16.8 33,995,582,664 30,188,422,208 + 12.6 602,295,938 8.2 437,254,607 369,143,788 + 18.5 8,728,731 9,273,534 7.0 247,202,554 + 17.9 347,296,787 2567384,844 349,160,840 13,403,632 + 17.9 14,451,331,685 209,717,282 12,259,102,374 Springs Denver Pueblo. Total (15 cities) 13,480,147 + 15.4 12,779,210 5,972, 010,342 134 155,340 7,108,546 - 2,922,409 - -• Eleventh Federal Reserve District—Dallas- 36,331,608 Beaumont Dallas 33,587,504 + 21,438,120 < 23,040,891 — 1,375,558,093 1,069,846,386 + 28.6 'v •• ■ Texas—Austin 'W;4 El Paso 138,456,583 112,565,174 + 23.0 1,391,789,243 1,166,765,291 145,099,477 115,837,866 + 25.3 1,451,447,702 1,233,531,764 + 17.7 31,274,122 27,456,000 + 10.6 319,725.000 207.847 noo + 7.3 6,099,000 6,142,000 1,197,383,259 973,174,313 + 23.0 11,922,307,013 7,705,796 6,422,010 + 20.0 72,675,850 10,488,302,223 75,133,879 21,356,949 20,271,185 310,48 <,474 258.133,000 + 32.6 23,579,064 30,372,000 7,634,458 8,019,229. 35.5 30,620,892 27,751,777 0.7 5.864,000 5.298,000 3,328,977 + + 19.3 Ft. Worth Galveston 5.9 — Houston - Port Arthur Wichita Falls 5.4 + 260,420,472 + 13.7 3.3 — 5,552,341 4,640,087 +19.7 5*169,573 6.4 11^151,3 42 9,340,429 + 19.4 8,749,206 9,022,924 + 16.0 410,102,323 309,359,958 + 32.6 368,906,474 309,169,136 211,245,899 + 23.3 6,590,640 5,206,243 + 26.6 69,611,874 55,616,673 + 25.2 51,520,283 46,855,040 + 10.0 526,187,564 494,676,934 3,031,81^,808 Texarkana 2,434,262,612 + 24.6 31,149,953,564 26,861,083,107 ... Louisiana—Shreveport Total (11 cities).. - — ' + Twelfth Federal Reserve District—San Francisco— Washington—Bellingham 6,270,013 5,487,623 + 14.3 68,043,408 64,087,519 + 6.2 G30,548,582 504,116,533 + 25.1 6,909,036,525 5,794,612,498 + 19.2 146,013,5*86 103,470,453 + 41.1 94,921,142 17,246,490 13,658,445 + 26.3 189,602,890 177,711,765 + 6.7 4,216,373 2,799,682 + 50.6 3,746,407 Idaho—Eoise 35,785,505 34,059,891 + 5.1 383,400,447 339,331,790 + 13.0 Oregon—Eugene i 10,255,000 7,569,000 + 35.5 113,241,000 95,810,000 637,771,869 648,839,448 11,895,484 1.7 7,990,764,037 7,213,848,773 Seattle Yakima i 1 Portland Utah—Ogden 16,052,871 313,743,112 Salt Lake City Arizona—Phoenix — + 35.0 149,991,295 3,094,829,024 80,788,088 Berkeley Long Beach K 67,135,222 + 20.3 791,095,048 36,439t459 —15.6 272,024,215 300,271,025 + 17.6 32,157,728 *27,338,645 318,486,939 294,126,493- 64,448,391 + 21.0 809,200.186 684,326,423 146,756,098' 69,3/1,639 57,812,804 16,186,144 + 21.0 215,472,937 197,248,272 + 3.1 577,019,097 513,793,328 + 12.3 12,234,905 54,757,735 10,791,350 11.602,253 1,858,164,140 — + 14.1 2,117,663,824 —' f 18.2 19,589,527 Pasadena — San Francisco 162,675,792. + 31.9 9.4 77,982,383 — Riverside + 23.0 54~344",154 9.3 + — 53,070,486 Modesto 118,603,747 7~L673,177 21.6 + + 10.4 723,606,696 30.755,990 — California—Bakersfield 145,845,607 +10.8 2,804,343,707 5,101,402 18.2 + 123,326,765 +17.6 266,849,780 112,855,751 W: San1 Jose — 13.4 124,542,681 21,982,688,603 19,512,663,849 + 17,539,142 12,320,624 + 42.8 13,980,956 12,908,277 11^216,202 + 15.1 107626,285 9,925,184 12.7 415,504,379 340,875.965 + 21.9 448,258,495 419,012,404 + 16.7 109,139,961 + 14.0 8.3 + 9.2 + 59,709.328 56,652,312 + 12,049,386 10.008,393 + 20.4 1*.655,152 11,112,071 Santa Barbara 23,519,626 231,055,105 206,230,682 + 12.0 5,855,463 3,917,008 + 49.5 5,436,105 4,777,829 44,885,992 20,359,568 37,581,852 + 15.5 Stockton + 19.4 470,311,234 412,295,099 + 14.1 9,568,398 7,350,760 + 30.2 7,841,153 8,693,549 4,220,031,319 3,742,329,022 + 12.8 45,345,703,773 40,127,960,755 + 13.0 841,224,188 664,906,983 + 26.5 830,513,131 787,649,351 80,057,341,151 70,801,905,553 + 13.1 850,148,720,113 756,362,436,334 +12.4 17,594,082,755 13,926,771,169 4 23.3 15,107,225,697 14,692,853,004 41,299,505,355 35,699,923,010 + 15.7 450,840,085,766 397,517,30.9,248 *77^4 8,592,096,122 6,502,685,759 32.1 7,434,785,153 7.247,793,698 Total (19 cities) Grand total (184 cities) Outside New York a Now included in Newark, N. J. 5.4 654,899,102 561,186,110 Foreign Exchange Rates Redemption Galls and Sinking Fend Below will be • EXCHANGE RATES CERTIFIED BY JANUARY 5, FEDERAL 1951 RESERVE JANUARY TO Noon Buying Country and Monetar y Unit Jan. 5 BANK 11, In Jan. 6 Bank J Notes 953125 deutsche $ .133333* .0705000= • 2.230079 *0194750 -0194750 7 of, rupee — Tennessee General . v .953125 .951875 Islands, peso .208500 .020060 .0200600 .0200600 Uruguay, franc South .144938* .144938* .00285625 .00285625 - .0028 1';; " provisions. TENDER OF Pictures Date - Associates, 1st 3%% due m+ge. & 1974___ series, Corp., stock common mortgage Coal. Iron & RR. Page collateral : Jan'22 .Jan 19 .Jan •- . +2482 26 9 23 107 Co.— .233379 ? .238379* .208700 .115707 .115707 .262425 .262466 2.771761 2.771039 2.771039 Closed / .140154* 1 .140154* .115640 * .262440 2.771039 .140154* .140154* .140154* .496250 .496250 .496250 ,0349000 .0349000 .0349000 .0348821 .328500 ,328500 .328500 .328500 .193269- .193269* .193269* .193269* .233400 .233291 .233390. A .496250 1 " \ Africa, pound 2.783750 2.799804 Closed * 2,783750 2.799335 2.798750- '.233500 .561797*+ .561797*+ .561797-' + Carolina, 1st .425531* + & ' " ' convertible Refining Central Illinois mortgage Central 1st Clinchfield mortgage preference > Date Page .—Feb Maine and gen. 4% Ohio & Ry.— A Cincinnati & Gas bonds, 3% Power 15 +2477 _u_Feb 1 101 Feb 1 1 , due Terminal .\ . 1965 Mar 1 * Feb Co.— mortgage y.l* —Jan stock 1 102 Co.— series, bonds, mtge. Union first ; bonds,, series E)ectric 6 Co.— due 1975 debs., due . . . series L 3V2%, due Champion Paper & Fibre Co., Z'/c 1970 . Feb 1 102 1965—___Jan 15 "*+2479 Feb 1 +2125 bds.-Feb 1 Co.— bonds, 2.783750 series E. clue 1969 2.798750 Burlington & Quincy RR. Co.— 1st and refunding mortgage, series of 1990, 3% Chicago & .658327*t v REDEMPTION Chicago, 2.798750 • peso .425531*+ t Oil .233033 2.783750 .658327* + tApplication depends upon type of merchandise. _Jan 20-year 3% sinking fund debentures, due 1965 Brooklyn Borough Gas Co.— 1st mortgage bonds, 3Va %>: series, due 1970 33/a% 2.783750 peso cumulative Ashland r 1st ■ ,658327*t .425531*+ 1951 $4.50 cumulative convertible preferred stock American Investment Co. of Illinois— .208700 .262425 .328500 due Allegheny Ludlum Steel Corp.— .238379* .20870 .115707 .496250 gold bonds, mortgage Company and Issue— 5% ^ .238379* ,208700 • * peso •Nominal. 2nd PARTIAL .0200600 * .658327*1 Uruguay, 1st .208500 .00285625 .0349000 Kingdom, pound sterling Uruguay, redemption, .951250 .208500 .193269* United for called sinking fund under England Theatres, Inc.— bonds, due 1958 .0544060 .208500 Sweden, krona . Poll-New .0194343 .952031 -14493®* 2.772277 ' — Settlements, dollar of Paramount 2.230079 .0194375 262400 , Union called Fuel & bonds, .0199714 .115723 guilder krone Switzerland, trust Gas .0544060 .144938* .208700 Portugal, escudo Straits stocks NOTICE Eastern .0708333* 2.230079 *0194750 .0194760 .0544060 V.: ' 238379* Zealand, pound Philippine list of corporate bonds, notes, a Company and Issue— .200000* .133333* is: S' .00285625 franc mark - Norway, those V Jan. 11 .200000* - Netherlands, found common ing tenders, and the page number gives the location in current volume (except where indicated) in which the details were given in the "Chronicle." Jan.10 .144938* (Metropolitan), India, Dominion New including .0199696 .0200600 krone peso and the Jan. 9 2.230660 .208500 Czechoslovakia, koruna Mexico, preferred 1930 . - Germany, OF $ .0196875 dollar France ACT Money v? Closed .0544060 Ceylon, rupee Denmark, TARIFF .0199750 Brazil, cruzeiro Canada, UNDER The date indicates the redemption or last date for mak¬ Jan. 8 $ 2.231075 franc TREASURY INCLUSIVE United States Parent,a! Australia, pound 1951, TO Rate for Cable Transfers in New York Value .200S00. Belgium, + JNot available. Pursuant to the requirement of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily to the Secretary of the Treasury the buying rate for cable transfers on the different countries of the world. We give below a record for the week just passed: FOREIGN * . .658327*+ 4Va 7e .561797*+ .561797*+ Deerfield .425531*+ .425531*+ 33/i% Western 1st Indiana mortgage, RR. Packing Corp.— sinking fund debentures, Firemen's Insurance ' " Co. ' Co.— series D, skg. • 1 *' '; +2218 . due 1962_„ N. J.— ' * • 1 ' ___Feb 1 Wph 1R . +2219 . of Newark, J . fd. bds., due 1962_Mar , i . ,2 •: * * , 45 (241) Company and Issue— Date Fraser Cos., Ltd., 4%%, $100 par, Power & Light Co.— cum. Kansas preferred stock-Jan , 15-year Sun 3%% Ray Textile 9 Feb 15 106 1 10> fund debentures, due 1961 Feb 1 1 2nd cumulative convertible preferred ENTIRE Company and Issue— stock Loans Loans—net and ISSUE Loans Date Corp., 5% cumul. Union Terminals Co.— Cleveland CALLED * preferred stock—Feb B, 5 r>, 'due Series.C, .4%%, due , Firth Carpet Co., International 6% 5% 1977 cumulative Apr convertible Resistance preferred 1 17 stock Jan 31 Series A 6%% cumulative preferred stock Mar 1 Monsanto Chemical Co., cum. preference stock, series B_Jan 23 Cement :Co., preferred stock______—_:.—-Feb 1 Union Lumber Co. of San • Gen. Pacifjc RR. Co.— mtge. 4%% ,* Announcement r Francisco, prior pfd. stock—Feb in this series issue. $2383 •'« $2225, 1 * S. Other Inc. ( + ) or dec. (- -) 1951 Assets— . 1951 20,704,404 for F. 1950 165,999 588,815 21,293,219 + 1,587 + S. 164,412 + Govt, + 45,153 3,287 + 715 + . 1,111,864 — — ' — 14,675.151 , : 4,674.375 Due loans from F.. R. and Uncollected of cash Bank premises Other assets Total securities other 20,537,565 i banks— items 105,920 + 50,400 20,461,390 foreign banks Notes + 3,055,616 6,336,450 14,114,451 — 2,231,560 - — 63,259 + 2,207,222 14 — 18914 + 1,086,384 + + — 40,083 + 126 96,126 —— + 6,529 45,688,307 Reserve notes * Member U. 1,242,637 23,341,139 ' 29,558 683,167 + 6,213 — 1,057 + 1,048,885 bank—reserve 17,502 212 188,730 273,839 "''Total i Capital Accounts— Capital' p.ald in__ Other ances' purchased trial to . + American $5 299,362 1,247,276 + 675 — 2,877 prior $4.50 ' + 13,803 21,849 + 45,688,307 \ 3~964 1,242,637 — 4%% 1,319 377 1— 3,273 190' preferred 921 + + 1,048,885 50.4% for 0.5% — 5.4 % accept¬ foreign preferred Company, 2,964 + 15,571 2,445 1,243 + 483 reporting member System in leading cities following principal changes for the week ended Jan. 928 Camden +, 3 + Feb. Commercial, industrial, and agricultural loans in¬ $53,000,000 in New York City, and decreased $14,000,000 in the St. Louis District and $12,000,000 in the Chicago District; the net increase at all reporting member banks was $20,000,000. Loans to brokers and dealers for purchasing or carrying United States Gov¬ securities decreased $178,000,000. Holdings of Treasury notes increased $719,000,000 and of Treasury certificates of indebtedness de¬ $787,000,000, reflecting the exchange of the last outstanding issue of certificates of indebtedness for a creased Holdings $291,000,000 in New York 000 in the of Treasury bills decreased City, and increased $54,000,- Chicago District; there was a net decrease of $308,000,000 at all reporting member banks. Demand deposits adjusted decreased $354,000,000 in New York City, $66,000,000 in the Philadelphia District, and $43,000,000 each in the Atlanta District and the Chi¬ cago District outside of Chicago. United States Govern¬ 1-27 1- $50c 4-27 4- 9 7-27 7- 9 2- 5 1-19 1-29 12-29 269 + 245 Z-ZZZZ 10c I $$3.50 preferred (s-a) com. pfd. Electric basis (quar.) 10) Southern 5% preferred City 4% + $1.50 common 2nd 4% 3rd ; Atlas Powder Co., Atlas Ltd, Steels. Tack Corp, Mfg. Class 2 Inc.. prior 9 $2.25 1-15 Co. 50c 1-17 1-17 2- 1 1- 7- & 6-26 7- 5 6-26 A $3 prior 1- 3 9 $1.12 % 2- 1 1- 9 3- 1 1-31 3- 1 1-31 1 1-15 1-26 2- 1 12-29 1-15 12-21 1 1- 4 Chicago Chicago 1 1- 4 Stock 2- 1 2- 1 1- 4 1- 4; 12-20 1- 5 1-17 2- 1 1-19 2- 1 1- 1 1-19 1 1-19 1-16 $1.50 1-15 12-29 1-15 12-29 Foods, Inc. & Cleveland, (quar.) 40c 1-20 1- 12-18 Hats, Extra Class 10c 2- 9 2- 1 1-29 1-22 1-19 common Bliss Bon (E. Ami Boston Bower Bowes common W.) Co. Company, Edison Co. Trust (N. (one the annual Cockshutt Plow Co., Ltd. 2- 1 1-15 2- 1-10 1 2- }50c 1-15 12-15 1-25 1-15 12-29 1-31 1-15 1-31 1-15 1-15 12-29 1-20 1-10 1-15 12-31 1-15 12-31 125C 1-15 12-31 10% — 1-29 1-23 110c 2- 1 1-10 1-26 12-18 1-26 12-18 1-15 12- 4-16 3- 7 7-16 6- 8 3-12 2-13 45c 2-15 1-15 6 ________ St. 1 1-20 3- 1 2-15 6- 1 5-15 9- 1 8-15 35c 2- 1 10c quar.) 2- 1-15 1- 1-31 1-12 1-31 1-12 12%% 2-1 1-5 1-15 5 Louis share for each to be held on preferred (quar.) 1-15 1- 2 _ 2- 6- 1 5-1 9- 1 8- 1-31 1 Extra Gas > 1-10 1-10 1-31 1-10 1-31 1-10 2-15 " System, Inc.— quarterly Columbia Pictures Corp., $4.25 pfd. (quar.)"_ Combined Enterprises, Ltd., 5% preferred Combustion Engineering-Superheater, Inc.— Quarterly Commodore 1-31 1-31 $25c 20c ZZJZZ ... $25c $25c common...... ■ * v, 1 1-15 $25c ' Preference ; 1-15 1 $40c _ 1 3- $20c Quarterly ,2- $40c $40c Coghlin (B. .J.) Ltd. (quar.)_ Collingwood Terminals, Ltd., Columbia $1.75 6C (increased quar.)__ 11.06% 2-15 $$1.25 1-15 75C 1-20 2- 1 12-22 Ltd. Commonwealth Inc. (quar.)_______. Edison Co. "(quart711111-111 Commonwealth International Corp., Ltd.— Fifth and final payment for this 1-26 12- 12 %C 1-16 12-29 $%C Hotel, Commoil, '2-26 2- 2- 1 1-12 12-30 40c 8 ' 9 4c 1-15 IOC 1-15 1-15 12-31 Concord 60c 1-15 1- 5 1 16 6% preferred (quar.)__ .Concord Gas (New Hampshire) $1.50 1-15 1- 5 75c . 12-31 5c 1-12 1- 2-15 1-12 25c 2-15 2- 25c 2- 2 year . (quar.) , com. 5 Community Frosted Foods Co.— 1st participating preferred...: Participating 2-28 10c — — (quar.) class A 1-25 1- Ry. Quarterly Extra 9 1 17. 1 3- 5* 2- $1.25 Texas Pacific meeting 2- 15c 1- Co.— eight held) Subject to the approval of the stockholders 1 1-18 1 $1.25 3- •*1-18 I Co RR. new Clinton; Water Works, 7% Coast Breweries (quar.) 1 1-15 2- Y.) 1 1 1-15 1 25c (quar.) Co. dividend 1 1 1 2- 40c (quar.) 2- $5 2- 2- 1- 2 5c (s-a 2- 2- 1-15 $1.25 1 75c 12-29 12-30 $1.25 1 tlOc (reduced)- (quar.) Roller Bearing Co Company, Ltd., class A (quar.)—_— Mines, Ltd. (interim) Bralorne Co. preferred at 12-30 1-15 1-15 $2 3- 50c —-—- (quar.) Mfg. Co. (stock dividend) Holdings Corp Blauner's Electric 3- $1.25 — ______— A . Binks Blair 5% 1-15 45C 25c (s-a)__ t$l $3 (quar.)_ —j $1.18 $2 $50c : 15c — (quar.) 1-10 1 25c common Stock 1-10 10c 10c ——.— Water Ltd.; Ry., Clinton 43%c (quar.)— 2- 2 56V4C Mfg. Co. (increased) Cincinnati, Chicago & Increased (quar.) Saco 15c (quar.; (quar.) (increased 1-15 50c (s-a) 1 (quar,) (quar.) 1-25 12-30 1-22 15c preferred 10c 1-15 2-15 20c preferred Clarostat 1-15 2 1-15 25C Oil New Orleans & Stores 1-15 2 8 1-31 1 (quar.) 1-25 50c 8 1- 87 %c preferred 5% 11- 1-15 50% Cotton preferred 5% 2-15 3- share. Cincinnati City 1 1-31 1-31 3-31 Quarterly Quarterly Chrysler Corp, 15c f$l — ; (quar.) Biltmore one $1.50 (quar.) Works prior preferred Beneficial Corp., com. Best ing new 5% 3- plus $5 lor each remain¬ share held after issuance of Gas»& 2- 50c 70c 1 1-31 2- 1 1 1-10 50c 3-20 9 7% tl2J/2c 2-15 1-31 Conn 110c 1-15 12-20 3- ... 1 12-29 1- Corp. (quar.)____ Molded Products Inter-Terminal 2- 1-15 dividend Chlckasha 4% 2- 2- (quar.) Cincinnati 5-15 1 1-31 common (N. Cincinnati 2-15 5-31 1 Corp., 3 2-28 2- Bank preferred 2- 1-15 Co. Y.) Chesapeake & Ohio Ry. Co. 3V2% 50c 1-10 3- 10% 1 2-28 (quar.)__ 45c common Iron Biddeford National 2- Products, Inc.— Co. preferred Jan. (quar.) Belmont wlatch Chase 1-10 2- 15c Products Central Republic Co. Chain Store Investment Ltd.— (quar.) Ben'-Hur preferred Central Hudson Gas & Electric Corp. Central Kansas Power, 4%% pfd. 4V2 % 50c 25C ; (quar.)__ (quar.) 2 1-20 ~25c (monthly) (quar.) 3- 9-17 $1.25 25c Building Steel 2- 6-18 10-15 Y.) Light & Power Co. $1.50 —— pfd. (N. Ohio 56V4C ——. 1st Co. Ohio 1-15 3-19 $10c (one share for each 7 held) Hollywood Monthly Monthly t$l $6 Trust Central 30c ______ Belknap Hardware & Manufacturing Quarterly Telephone Co. of Canada (quar.)_— $6 Stock dividend & Central 10c Bell Benrus Bank 12-15 1 12-18 7-16 20c (quar.) 12-15 75c ______ Co., Co., Ltd., $1.75 Gas 1-15 2- 12-29 1-15 37 %c (quar.) 1-15 1-12 1-15 25c 1-25 $1.12% 12-29 25c Hanover :"• 1- 12-29 1 $.1.12% (quar.)_ (quar.) Central 1 2-28 2- Co.— & $1 -—______ preferred preferred & (quar.) common Electric $1 Apartments, Beaver Lumber Scott preferred Corp., 1-24 75c (year-end) Arts Plrie, 4(4% Sugar Co. $25c (quar.) (quar.)— common..; Corporation Carson, Celotex Aguirre 1 — Baystate Carolina Clinchfield & t)hio Ry. (quar.)_"I Carolina Power & Light Co., common Carrier Corp., common (stock dividend) 4% preferred (quar.)_ i__ Central 1-25 $$1 $10c I 7 _~__I Central 2- 12-22 4-16 1-15 1-17 1-15 $$1.12% Co., common •Common 1-20 $$1.75 (quar;) B 4 1-15 1-2 2% __ (quar.) 1-25 1 (quar.) (quar.) Paper preferred Western Lumber 1-15 1-29 1-31 < Common 1-31 2- (quar.) & 1 $2.25 2- common.— common.'.iU.i. Power 1- 37%c (s-a) Co., Co., Ry. ordinary (year-end) preference (final) Refractories Ltd.— 1st $40c $$1.75 non-cum. 4V2% —93%c preference preferred conv. $$4 (year-end) com. Pacific Canadian 1- 4% $1 Extra Class Canadian 1- 20% — preferred Bathurst 7% 1-17 12-15 (year-end) Industries, Ltd., preferred (quar.) $1.08% dividend) __L—: Oil B Canadian $1 _____ preferred (quar.), preference $4 1-29 $1 —_ Bangor Hydro-Electric Co., com. (quar.)— Trust Co. (N. Y.) (quar.) Barber-Ellis of Canada, Ltd. Basin 12-30 $$4 A Class 1-15 30c Bankers 7% 12-29 1-15 37V2c $2.50 pfd. A (quar.) (resumed) (increased quar.)______— $2.25 Rubber Barcalo 1-15 Canadian $2 (quar.)_ Company, 6% Extra 5 25c (quar.)— Co., preferred Baldwin $$1.50 1- common. 4% convertible Mfg., 6% & 1-10 $22 %C 1-12* 22%c — Nichols 1-10 1 Ltd.— 75c (quar.) 1 2- (quar.) Securities, (year-end) $1.12% (quar.) (stock 1-10 2- $$1.25 (quar.) 1-15 $15c (quar.) Quarterly $1.20 5 $$1.12% . preferred (quar.)— co*i 1 pfd. Investments, Central (quar.)—: 12-30 2- Ltd. 1-26 $25c preferred, series B Plywood Corp. (quar.) Austin 1- $1.12% ; (s-a)__ preferred 12-30 1-16 $32c General 75c (quar.) Refining Co., 12-27 1 $25c (quar.) * 5c (quar.) preferred 1 General 5% (quar,)— preferred (quar.U—__1 2- 2- - "= (quar.) $1.50 common 12-20 Fairbanks-Morse, 6% 20c preferred 4% 4.35% 1-15 Power— Electric, 12-31 12-30 1-25 $12 %c (s-a) Co., 1-31* 1-15 $15c I Corp., Ltd $50c preferred -. (quar.) preferred Atlantic Holders 75c Corp. (extra) Telephone Co., Ltd.— preferred Atlantic When Payable of Rec. $1.25 Constable 5% 1-31 1-31 rt $30c Ltd Power Ry. 2-15 25c,. Foundries, Bronze » - Co.— semi-annual Northern Class $1.75 .a- preferred 12-31 Canadian . (quar.) conv. convertible 12-31 ..',62%C Canada Western Cordage Co., Ltd.— Class A (quar.) Canadian Bakeries, Ltd $1.25 (quar.) 1-15 1-15 2-15. Canadian 1 ; 12-31 ' share) per Common I. 12-31 1-15 $1.50 common Refrigerating & Terminal Iron Canada (s-a) , 1-20 62 %C Canada Per (quar.) common 1-15 40C (quar.)_ 1 $1.75 Co., 2- $1.17% Canada 9 75c I at $50 15 Increased 107 — 5% page (s-a)——______ Steel, 4%% Associated Beaux creased 9 Canadian — (quar.) f preferred s 4%% Arnold Atlas 25,042 indus¬ 9 7- (quar.)_ (being called for redemption preferred $1.50 dividend Argus Corp., Ltd., com:non__ 4%% conv + redeemable prpf. Atlas R. 9 4- (quar.) (quar.) preferred 5% — ■ 1- 4-27 7-27 Co.— $4.70 preferred (quar.) California Packing Corp., 853 — 32,410 quar.) 3.75% 1 issue. (initial preferred 4.50% 2" 2 30 3: Decreases of $182,000,000 in loans, $378,000,000 in holdings of United States Government secur¬ ities, $394,000,000 in demand deposits adjusted, $377,000,000 in United States Government deposits, and $269,000,000 in borrowing, and an increase of $921,000,000 in de¬ mand deposits credited to domestic banks. note quarterly Anderson, Clayton & Co. Anglo Huronian, Ltd 27,543 111,226 The. condition statement of weekly banks of the Federal Reserve new + Power preferred (quar.) California Oregon Power 6% + 26* ___! Co Electric 12-28 $50c $3 7% 394* — '+ - Products : 6% .prior preferred (quar.) Anchor Steel & Conveyor Co 1,015,463 Condition Statement of Member Banks holdings 194 + California 12-28 1-15 1-27 $50c Butterfly Hosiery, Ltd., .7% 85 Corp. Post Baldwin ernment 1,466 ( Corp a preferred Anchor: 4%% + + 510,022 L the Bush 229 1-15 "11 3,091 + 285* + 25c Zinc, Lead & Smelting Co.—- Amoskeag Avco shows + Share preferred (quar.) American Woolen Co.. 7% 625,512 + re¬ on make loans 540,167 44,813,177 a certificate correspondents 230,094 504,917 — — 711 226,339 13b) Contingent liability 6,844 6,445 — serves, to deposit and F. note liabilities combined Commitments +- 111* :: Atchison, Topeka & Santa Fe Ry., accounts gold 21,254 " Total liabilities & cap; accts. of .2,518,097 — 7)___.. (Section capital Ratio 18,947,496 — 1 now common Armco 1 items.-. inch accrued divs. flection 84,442 315,090 availability liabilities Surplus; Surplus 265* 8 1-15 12-28 15c common Terminal 1- 1-15 $50c preference common,.. B District). \ 5% 17,816 _ Total deposits on 816,536 272.604 857,590 __________ Stock Appalachian acct. ___. Deferred 93,466 acct.. Treasurer—gen. Foreign j 1 "Other liab., 202,903 : S. Other B Class Class 1 1-31 10c common Class 5,811 + 11,221 Service Co., $3 preferred American Telephone & Telegraph Co. American Viscose- Corp.— New Liabilities— Deposits: B 6,866 + $1 Phenolic 2- 5 $50c — — — (bi-monthly) Republics 2-26 IIIII 787 15 Extra American 2,490,825 + Co. American ■ 109,127 24 , 186,529 3,215 259 assets Federal - American Total U. S. Govt, securitiesTotal — News 1- 3-14 90c ; 308* — t 1-17 50c (quar.) preference ■ 53,607 " _— Bonds pfd. A preference 72 1 1-15 $50c A 719 2- 35c 5c A on Name of Company 12-29 IIIII (quar.) Ltd., class Class — 51,248 (Continued from 1,241 1-15 (quar.) Co., Class 2 15,576 3*. B & 4,218 DIVIDENDS 25,579 12-29 25c preferred 1,431 . deposit accounts, except U. S. Govt, accounts, 24,031 — 1 $$1.50 ' Extra American .' Certificates 6% + — 469 40,742 securities: Bills Notes Class Burns — 2,874 (San Francisco 12-30 2- $2 par) on Brooklyn Union Gas Co., 5% 18 + 1,409 figures revised 1-18 JlOc Shoe Co., $3.69 preferred (quart)___ Budget Finance Plan, Inc., class A (quar.)__ 378* — 894 ___ and (initial common — — 2 Iron — ' 13,003 banks week 27 New deposits: 1,900,285 45,849 72.888 advances Industrial loans U. _ 319,502 and *Dec. (E. & G.) 1,941,027 R. r__ reserves—r_ gold ctf. Other cash Discounts 239 1- 12-28 Ltd.— Telephone Co.— 6% 2nd preferredf (quar.)__ Brockton Gas Light Co 933 + Jan. 11, . ' Total + 9 1. demand during 10 — 6,501 _ banks Interbank since + 1 21,558 __________ domestic 1-15 1-31 - Co.7 Ltd".— Ry. Products," Ltd." (quar.) Canadian certificates Redemption fund notes ___J i Jan. 3, 151 9,268 ■___ Government deposits—— to + a___ indebtedness deposits adjusted—^ deposits, except government Debits Jan. 10. Gold of Foreign banks Borrowings dollars) 15 33,296 2,470 _ demand 239 + 5,877 securities—Total ___ 93 %c 10-15 Columbia 190 + — 510 certificates with Interbank v. * — 14 -t- 5,280 bills Domestic Reserve Banks Combined of '. — Demand Statement of Condition of the 12 Federal thousands loans notes 178 — 1-15 12-30 Brown _ U.S. 4,003 + : ■ 174 Reserve with Federal Reserve Banks Cash in vault ' ' Power, 576 Liabilities— »' (In 512 1,066 securities Time i obligations bonds—. Balances Columbia A 1 1-15 American __ v, purchasing or carrying: obligations Government U. 20 + pur- to banks S. British Class 1 2- t40c 6,744 6,811 British 11- 40c 2%% Forest • 4-14 7-14 JlOc (s-a) Columbia Brooke for Electric preferred British ■ securities estate Treasury Treasury Treasury $Volume-172. -f , A, due 2014—-May for Columbia 5% 1 1 tlOc oroinary ordinary for + 147 agricultural dealers Ltd., receipts + ^ 182 Government loans U. 105 . income bonds, S. Loans * 1 and British 1-15 58- f25c I 3,992 carrying: Other $2380 Rwerside Wpstern Real $2023' & and Government Other 2 Jan stock Co.— convertible preferred Scott Corp.— Merritt-Chapman 2 1 or loans U. 2 Apr 1973 ' — — 17,859 brokers S. Other Apr " 1 * Series . industrial, * to + 1 t25c J Celanese 2- t25c ; B deposit Holdert Payable ofReo. 125c (quar.) (quar.)„_ (quar.) A British Jan. 4, 1950 575° — 31,417 Other securities ' ,1st mortgage sinking fund gold bonds— Series A, 5 %%, due 1972 % 31,854 4 U. $2378 71,214 —4.— chasing Page 15 Investments—Total Loans—gross Commercial, 10* Dec. 27, 1950 1951 Class (quar.) Bridgeport Hydraulic (quar")II"~ Bristol-Myers Co., 2%% pfd. (quarJIIII" (In millions of dollars) $2225 $2225 1 Jan. 3, ; 1 A A Class •>' 26 Mar . Packing liabilities of reporting Assets— loans California and Class Class When Share Brantford Roofing Co., Ltd., class A Chicago Inc. (+ )• or dec. (—) since 107 mortgage bonds, due 1954 Feb Housing Co., Ltd., 1st mtge, 5% bds. series A^Feb Newspaper Machinery Corp.— 5 %; summary of the assets member banks follows: • 10 1961—Feb debentures, due Toronto Wood A ; the , 15-yr. 3%% Building, Inc.— 10-year 3%,% 1 Per Name of Company districts. Borrowings decreased $123,000,000 in District and $67,000,000 in New York City. > sink, Drug Co., Crafts $2481 Feb 3%%, due 1970 18 ment deposits decreased and demand deposits credited to domestic banks increased in all $2128, Apr mortgage, bonds, 2%% series, due 1984.* Norfolk Southern Ry. Co.— ;General mtge. 5% convertible inc. bonds, due 2014 Pet Milk Co., 4%% preferred stockl __i__ Southwestern. Gas & Electric Co.— 22 Jan (lst '1st mortgage bonds, series A, Standard Milling Co.— Page Electric preferred (C. Extra G.), Co., common (quar.) — (accum.) Ltd., common (quar.) 2-15 1-31 15c 1-15 1- 5 5C 1-15 1- 5 * »8 kf#*//////////& j , . $1.90 Light Power Si 47'/2c 2- 1 1- 2- l 1- 5 50c 2- 1 1- 5 $2.20 preferred (quar.) Connecticut River Power, 55c pfd. 6% Consolidated $5 Edison Co. Y.) (N. 1- 1 4- _____ 1 4% Gardner-Denver 2- $1.25 Co. 1- 1 4% 5 of Paper Corp., General 1-15 12-18 t$4 Consolidated Textile Ltd. Co., Inc. 1-15 12-18 C75c 1-17 12- 5 General 1-17 12- 5 37>/aC 1-15 1- 2 . Corp. of America 4% preferred (quar.) ■ Continental Insurance Co. (N. Y.) (quar.)__ Corn Exchange Bank Trust Co. (N. Y.) $4.25 7% Refining, 85.25 Forster, 7% 1-15 1 Power & 3-12 * 2-15 1-15 1- 3-31 $2 3-16 $1.75 7- 2 9-28 1- 2 1-20 11- 5 / 1-15 933'4C 2- $1.25 1 1- 1-31 30c (quar.) Co 1-10 Detroit-Michigan Stove Co. (quar.) 15c 1-20 1-10 60c 5% preferred 10c 1-15 2-15 1-30 3- 1 Ltd., conv. pref. U 4C 1-15 12-31 120c 2- 1 2- 1 __ __ 2- 1 7% (quar.) Dominion "% Textile Co., preferred Dominion 1-15 Dow Chemical Stock Co., 1-15 Drexel du (E. I.) Worsteds, Ltd 4 % 6% preferred 6% preferred B Eastman Kodak Stock > A Si Ekco A Mfg. 140c ; Empire Southern Employers Group Extra Exeter $1.50 2- & Falstaff 4(4% monthly). 17c 1-25 -17c 2-24 17c quar.) : - 35c • preferred 1-15 1-15 1-8 1-15 1-15 1-15 1- 1- 5 2" 1- 2" L 12-29 1-15 1- 1-31 1-17 1-31 135c 25c . : 126c . , f r -p 65C $1.50 (quar.) 25c 1-31 2- 2 1-10 1-15 12-15 1-15 1- 2- 1-20 1 1-29 5 1-15 2 3-10 4- 1 15c 1-15 1- 3 15c 1-15 , 75c 1-15 s2 50 $2.50 (quar.) ~~~ * ) 1- 3 1-15 12-30 si' $1.25 IZZZZZIZII" 1-15 12-30 (liquidating)— one-half Water share Co. Inc.— 62 1-29 11- 9 40c 3-22 3- 5 Products, Inc.— ~ prior preferred (quar.) Fidelity Ss Deposit of Maryland (quar.)__ Fidelity-Phoenix Fire Insurance Co. (quZar)" Fifteen Hundred Walnut Street Corp.— $3 preferred (accum.) Firemen's Fund Insurance 65c Electric 2- 1 1-16 1-15 1-15 15c 1-20 12-29 6 Light 1-15 $1 1-20 1- 5 75c (q~u"a"r~t 1-15 1- 5 12-29 preferred Foundation Co. of Custodian Funds, Common stock series Utilities series Franklin Simon, 933/4c Canada, Ltd Franklin — 4(4% X35c 2- 1 2- 1 1-15 2-14 12-26 2- 1 1-15 2- 1 1-19 2- 1 1-16 2- 2-15 2- 2-23 Keystone 1 12-29 pfd. ZZZIIIIZC'I (quar.)— 56Vic 1-2 1-15 1- 3- 2-15 1 2 1-22 12-31 2- 1 1-19 2- 25c 1 1-19 1-31 62 (4c (quar.) 12-22 2- 1-15 1-10 3- 1 1 1-15 1- (N 1-15 12-30 1-15 12-15 1-15 12-15 175c 1-15 12-30 $1.25 3-30 3-12 $1.25 6-30 6-11 1-20 1- a 1- 5 1-15 12-29 40c 2-15 1-20 40c 1-15 1- Co., Gas Schaffner Corp. pfd. 4(/2% Boiler Inspection America, of preferred 4(4% pfd. Electric preferred preferred D pfd C (quar.)_ (quar.) (quar.)__ B Industries Pillot 37(40 21 (4c 25c 25c 25c 25c 15c 40c 9334c 1 (quar.) s (quar.) (resumed) —; 1- 11- 1- 1- 10%. ; 10% $1.25 1-15 1-15 2-15 ;2- (stock 35c 53VaC 4% Higbio Hoe Mfg. Co.. Hoily A Holly Sugar 5% 15c Corp., Hardart Household 334% 4% Finance preferred Howard pfd. $4 2- 1 1-12 1-15 $1 2- 1 1-15 3- 1 2- 9 3- 1 2- 9 Co. 7% 20c 2- 1 1-10 125c 2- 1 12-19 25c 1-15 12-31 50c 2- Extra Common 6% t International Stock , preferred Business dividend . (quar.) Machines : 5% 1-26 1- 4* 1-15 1-15 $1.50 ■ V 12-29* 1-15 1- 8 $1.06(4- 2- 1 1- 8 50c 2- 1 1- 8 20c 1-15 12-30 13 %c 1-15 12-35 > 25c 1-31 +$1.25 3- 1-12 12-20 1 1- 2 12-31 1-15 12-20 1-15 12-20 50c 1-31 2- $3 150c 1 3-15 75c 2- 1 1-15 12-30 2-17.. 1-15 110c 2- 1 1-15 15c 2- 1 1-15 50C —-—.—— 2- 1 1-15 1$1 1-20 12-30 Ltd.— Co., Ccrp. Porcupine 25c 120c — — Mines, Ltd. (quar.) — 2- 1 25c (s-a) (quar.) 4- 2 3-19 150(r4C 3- 1 2- $2.50 1-10 1 1-12 1-31 1-12 (quar.)— $1.75 2-15 1-31 $1.62(4 Co. (quar.)— 7% Stores. ^ —% : — preferred Michaels Brothers; i Michigan Gas & Electric Co. preferred (quar.)— —-—— preferred (quar.)—_———_______ 4,40% 4.90% States Middle , . 1-15 12-29* 1-31 ——_— prefened Midwest 3- 15c 1 1-15 1 1-15 2- $1.22(4 I- 5 2- $1.10 1 1-15 Petroleum- dividend Midland Bakeries, 4% - 1 117(4c — :___ — ——— 12-15 12-15 2- '1-15 , I2(4c Stock 1-15 $1.50 Mcrritt-Chapman & Scott Corp.— 6Vz'ic preferred (entire issue called- for redemption on March 1 at $119 per share plus (his dividend) —______ 1-19 1-15 12-15 Telegraph Co., Ltd.— (quar.) Aircraft Stores Mercantile 1-17 137(4c Y.) (quar.)—; Oil Extra* 1-19 1-31 1-15 . 37(4 c McLellan 2 2- (N. —*— Corporation Mclntyre from 110c _____— preferred (quar.)_ McCormick & Co., 5% preferred 1-15 120c (resumed) participating Co. . McDonnell $1.12(4 (quar.) I 1-11 2-15 1-25 (irfeg.)_, 4% Ltd.— Inter-City Baking Co., Ltd. (extra)-. Bronze Powders, Ltd.— 1 2- 1-19 $1.06(4 (year-end) Valley RR. (s-a) Co., Ltd Maytag Company. $3 prcf. (quar.)— McCabe Grain Co., Ltd., class B (qtrar.)___ Ltd.— 1 2- 2-15 ^ > 125C (quar.) & McColl-Frontenac 2- 12-30* $2.50 Massawippi 12-29* preferred Field McCall 40c 12-30 1-15 ..$1.25 (s-a)—j. Massey-Harris 12-30 4(4% preferred 1-10 common » 1-15 1-15 Marshall ordinary Corp., - 12-30 -1-15 1-10 1-31 1-17 : 1- 1-15 45C 150C 1-10 1-15 1 62 (4c 1 3c 2- V\ 1 (quar.)— 1 $J $1.50 31 (4c com. Inc. Co. Trust 1 ($0.0148 2- + 2 2- shares 3-20 , 50C Co., Maritime Telephone & Common (quar.) 1-15 Group, 12-28 4-1 : 5 2- income and $0.0152 from real¬ ized security profits) Insurance Co. of North America (quar.) 12-28 1-15 1-15 2- 1- 12-28 1-15 60c 51c 1 1-15 10c 2- 53(4c 1-15 10c 25c ____ 1- (quar.55c 2- 12-28 2 10c 15c 12-27 1-15 1-15 1-19 (quar.) 2-20 1-15 15c _____ fquar.) iquar.)— 1-19 Corp. Securities 3-10 25c 2-20 9c Co. 12-29 45c Brownhoist Institutional $1.00 (quar.) Marchant 8 Indianapolis Power Si Light, com." (increased) 1 3-10 3- . 1 1 1 50c preferred Forbes Si 1 com.__ 2- 12- Inc._-_ Eloachery, 1 (quar.) 1 1-19 $1 Co., 5% non-cumulative 2- Canada, 12-28 * 2- (quar.) Indiana Associated Telephone Corp., $2 preferred, (quar.).. 1-24 1-15 $4 2- preference 12-30 1 12(4c of (s-a) 125c quar.)_ 1-31 2- 10% preferred' "$25 par" (quar.) 12-29 (quar.)T__— 2 1-20 2-14 cash shares, 10 amount 1-15 3-15 :vf $2. 1-15 (initial than the in 1-10 1- 1 2- - 40C — 1-18* 1 1-15 $1.12(4 Taylor. 8%; 15c common 2- > 37 (4 c pfd. (quar.)___ & 1-15 : 12-15 1-25 9 6 (4 c ;— — $2.25 (s-a) 12-30 1-15 2-1 10c (quar.)_ $2.50 B 1- 1-15 6c (quar.)_ Co., 1- Railroad— Manufacturers 12-30* _ 12-30 75c iquar.) Insurance Life 2 1-15 Maple Leaf Gardens, Ltd. (increased) : Calculating Machine Co. (quar.)_ 12-30* $1 pfd. common Manhattan Bond Fund, 12-30* 1-15 1-15 45c :—_—_: Maltine 2 37(4c $1.06(4 (quar.) (quar.). preferred of 1- • preferred Co. 2-20 1 1-15 ^ 4.08% RR. 1 2- 60c . Imperial Tobacco 3- (quar.).. & Illinois Terminal 9 90c (quar.) Co., 1- 25c Co., 5% preferred (s-a) Investing,<$7 preferred (accum.). Power 1 . Scale Illinois 2- 3.35% preferred (quar.)—;— Trucks, Inc. (resumed) Macy (R. H.), 4(4-% preferred A (quar.) 4% .preferred B (quar.) _______ Mading Drug Stores, common (quar.) 55c preferred (quar.)— Mailman Corp., Ltd., 5% preferred (quar.)_ 9 9334c Corp., common Corp., common preferred (quar.)— Co. 1- 37(4c (quar.) (quar.) Lighting & Power, Hutchlns 1 50c Stores 4(4 % 2- 1-15 1 1-15 45c Mack 12-31 25c 1 ■■i 10c Ltd.— 6% 8 1-25 22- 12-13 25c Co. MacAndrews 8 1- Y.) (N. preferred Houston Howe Co. 1- ' (quar.) preferred (quar.) Holt (Henry) & Co., Inc.— $1 non-cum. class A (quar.) Home Insurance Co. (Increased s-a) Si 1-15 lc convertible Horn 1 1-15 1-15 " (quar.) common 2- 25c ... Co. 1-15 9 1 10% (Walter M.), Ltd Luzerne County Gas & Electric Corp.— 4(4preferred-tquar.) Lynchburg Gas Co.— 2 1- 1- 1-19 56 (4 c Lowney 1-16 1 12(4c (initial) (initial) Development n 1-15 2- 25c / (increased) com. 1-26 12-29 $1.25 _ (quar.). (R.) & Company, new com. New class 20c 1-20 8 1-15 2- 62y2c 5% 1 18c (quar.) paid Miami Lowell dividend)— preferred Corp., Co. be 1-15 1- 25c (quar.) 5% preferred "$10© par" (quar. Louisville, Henderson & St. Louis Ry. Co.— 1-25 2-15 1 share. Belt 5% 1-15 1 1-17 " : holdings of less Common Hlbbard; Spencer, Bartlett & Co. Monthly Higbee Company, common (quar.) 5% 2- 1-17 11 2- ■* 2- 2nd pfd. (quar.) Louisiana Power 81 light, $6 pfd, (quat.)__ Louisville Gas & Electric, common (qxrar.)_ 2 1-31 22- - 31 (4c ——____ Lorain Coal & Dock 12-30 2-15 1-15 Ltd •Extra 12-30 8 3-20 12 (4c Brothers Lord dividend) 2 1- 1 2-24 $1.75 (quar.) 1- 1 4- " $1.50 ^ 3-25 2 1-15 20C (quar.)_— preferred Extra 8 4- 2- 15c preferred— Loomis-Sayles Second Fund, Inc. Inc. (stock 37 (4c (quar.) Firebox Co. (irreg.) Loomis-Sayles Mutual Fund, Inc. 8 1-31 12-31 50c Locomotive 1-15 1 1-31 1-11 12-3B 1-15 $1 Special stock (quar.)_ $4.30 original stock- 12-15 1-15 1 1-15 25c Little 5 2- 12-30 2- 45c 115C Link 5 1-15 1-15 $1.30 20C 2nd preferred 7% National per 5 1-15 12-31 i— Fort On 5 1-15 6 1-15 Wayne, Ind., new common (initial) Industries, Inc. (stock divid.)_ 1-17 1- 9 1- Lincoln Park 12-29 1-15 9 1- 1-20 34%© 6% Co., 80ns, Brothers, 5 1-15 1- 1-31 : & Salt Lit 4(4% Co., E preferred & $1.12(4 (quar.j__ 2-14 12-30 1-31 B-3 (quar.) preferred (quar.) Lincoln Co. (quar.) 1 1-15 ' 75c Co. Stores will 2- 3- < 7 $1 ——— Series (quar.)— Leslie Insur¬ & (quar.). 2-14 5c Mines, Lewis (quar.) 2- 1 II.), Inc.— (James) 4(4% >: „ (quar.j_ Marx— Steam Co. B 2-15 3- $1 $1.80 preferred (quar.) Lawyers Mortgage & Title Co. (initial s-a)_ Lee Rubber Si Tire Corp. (increased quar.) 1-15 Co.— pfd. 5% 12-30 10C — dividend Common $1.50 25c $1.12V2 Refractories (quar.) 1-15 95c Inc., 4(4% pfd. (quar.) Lang «fc Company (quar.) Langendorf United Bakeries, Inc.— 8 Electric, 2 1-15 120C Bryant, 1- preferred Gold (M. Lecce-Neville (quar.)__ 1 1- $1.50 31 (4c Brewing Co. (reduced) Mfg. Co.— (G.) Stock Lane Co. pfd. Funds Works Water Lamstan 1-15 $2.40 2- 15c preferred Lamaque GOc Co., 1 - convertible 1 Brothers 2- 30c (quar.) Lake Superior & Ishpeming RR. Cc. 5 $3 1-18 $1 Plante-Choate 5% 12-30 (quar.) .Y.) 1 (quar.)_ ; Kroger Company, La 1-15 1 2- $1.25 S-4 Kokomo 2 1-15 2- 93% C (quar.) (quar.) $1.37(4 1 2- $1 preferred Knudsen Creamery Co., 60c pfd. Kobackcr Stores, Inc., common 12-20 3-31 2- 33V% (quar.) Kingau & Company, 4% preferred (quar.)_ Kirsch Company, $1.50 preferred (quar.i___ 8- Common . 1-J5 6c pfd. 5% Kimberly Corp. King-Seeley Corp. International •- — v Custodian Series 5 60c Steel Products Corp. preferred tquar.) Hershey Chocolate Corp. 4(4% preferred series A (quar.) Hershey Creamery Co.— 1-15 1-19 Inc;~ 13 (4c 37 (4c Island— Inc., common (quar.) preferred (quar.) $1.25 1 Interchemicai (quar.) 12-15 (irreg.)_: Rhode Kentucky Telephone Corp,— 5.20 % preferred (quar.) Keyes Fibre Co., class A (quar.) 9- Insurance 40c ZZI Co. Machinery & Chemical Corp.— 3%% 1-15 Industrial 1- V45 preferred (quar.) Lerner 4% 1-31 50C (initial) Rubber & Food $1.50 Co"~(San""Fran¬ & 1-10 1 (Montreal) America 7% 9 1-29 6% common 1-20 2- 5% Krueger 4.26% (4 C $1.06(4 1-15 175c Kennedy's, 1 Extra 12-28 12-29 2-16 ' (quar.) (quar.) Company, Co., Oommon 1-10 'I 5- Illinois Brick 1-15 Stores, Tire 2 1-10 1-25 1-15 37y2c 50c (quar.) Hydro-Electric Securities Corp., pfd. of com- (quar.) new 1- 1 1-25 Hercules 12-30 <.1 $1.25 Fibreboard cisco) 2- 2-28 23c (extra)-. non-voting (stock dividend) : Hercules Powder Co., 5% preferred (quar.). 3-16 (Syra- preferred (quar.)____ Enamel Corp Firestone 5 12-19 1-15 Co. Common voting 12-30 1 4- CoZ CorpZ," com. Tquar Fitchburg Gas 1- 1 1-19 30c Company, common (quar.) 334% preferred (quar,)_ 1-17 for each share held) Department 2- 1 2> 1-15 1- 30c 414% Ferro 1-15 1 30c _ Scranton-Spring Brook ' 1 25C (quar ) pfd. {quarV~~~~ of 1-17 2-15 Common 1-15 $1 Ltd._II_IIZIl_I preferred A (quar.) 5% preferred B (quar.) Federal Water & Gas, com. distribution 12-2$ 6- Hayes 3-14 2- (quar.) 5% Common !■• 1 2- I (quar.) com. Federal Services Finance Federated 2 1-15 . Quarterly JParrington Mfg., common Class A (quar.) mon 3-24 - 10c Electric conv. 12-2$ I 1-20 (quar.) Hecht :;i 20c $1.12(4 ■> . ; (quar.) (quar.) 6% 1 2- t40c„: 140c Henke 2-14 12-29* 1-30 20c Water Lees 5% 1-15 ^ 30c Co., Co. Co of North 5% 1-15 60c Associates Hampton 2- 2-15 t$1.50 Co. Hawaiian 12-22 70c Fanners & Traders Life Insurance _ 1 1-30 5% 15c (resumed) Johnson:— 2nd preferred series C 1 6% 1 1-20 10% (s-ai__ Brewing Corp., (Partial 3- L.) Tea 2- Hat 12-30 3-15 $1.50 $150 _ Heating Products, Fairbanks 1-15 1-31 per Works, 6% preferred (quar.) Publishing Cq. of Ottawa (quar.)_ K. W. Battery Co., common Kansas City Power & Light 3.80% preferred (quar.) 4% preferred (quar.) Kansas City Southern Ry., 4% pfd. (quar.)_ Kellogg Switchboard & Supply Co.— 12-29- 56(4c Co., Havana Lithographing 1-18 12-30 Cb.,Ltd.— preferred 1 Brewery Tanning 5% (increased Co. 2- t$3 Hartford 1-10 1 $5.50 preferred (quar.)____ 1 ance 1-16 1$l /s-ai Gas 4% $2 1-10 2- 12-20 1-16 Jersey Central Power & Light— 3- Hart, 12-30 1-25 17c Esmond Mills, 5%• preferred (quar ) Estabrooks (T. H.r Co., Ltd.— 4.16% 1 1-25 $1.50 • Enamel & 2- 87 (4 c - (quar.) _____HI1.II" (quar.) 1 (F. 140c 6% 5 AHRxonograph (quar.) class Towing Harbison-Walker 2 at Participating Inc. (quar.) Western Harrisburg Harrisburg Ry.— (increased preferred preferred Hayes Mfg. Corp. 2nd, 6% preferred Emtt3cn Radio $1 2 1- _ Emptte Brass 2 11- :: com. 2- lc Co Mines Lakes Halle 2 1- 1-15 1-15 (quar.i. Street ___ 1't 1- Co.— Co., (quar.) Quarterly 1-15 2-20 $1.12(4 $1.12 «/2 . 4(4% preferred (qv.ar.)____ Elastic Stop Nut Corp. of AmericaCommon (increased) Electrol, Inc. Ely & Walker Dry Goods Co., com. (extra) 1st 12-15 1 preferred Jacobs Quarterly Co.— .V Products 2 1-15 (s-a) dividend Monthly Monthly 8 Gypsum Lime & Alabastine of Canada, Ltd.— 81 (4c 81(4c . i preferred Edgewater Steel Co. Co. Mobile Si Ohio RR. preferred (quar.) preferred (quar.) $5 1-15 2(4 % 2(4% (increased) (quar.) (accum.) 1- 75c t25c 25c (quar.) Inc. Realty Co. of Canada— preferred (accum. 1 Gulf, Ltd.— Massachusetts 2-1 $2.50 Co. preferred Investors Mutual, Inc. Investors Trust Co. of 8 25c (quar.).— (qvar.) Co., Ltd., class B Union 7% 20c ___ Nemours participating Eastern 60c 60c (quar.) (quar.) Bakeries, 2- $1 Pennsylvania RR. Co. Eastern 1- 1-15 '/2c 112 (4c - * $3.50 preferred iquar.) Ducommun Metals & Supply Co. East t$1.75 . Ltd. de Co. convertible preferred $5 1 1- Guardian 12-28 160c 2 called .... Textbook convertible Quarterly (auar.) preferred ?• Ltd.— 2- 6% 1-10* vispil?;? 25c 15c (quar.) com. Extra 12-15 . Paper Co., Pont $4.50 Hosiery Co., Ltd. Co. Ltd., Co., Quarterly 12-28 1-15 (quar.) Furniture Dryden 1-15 1-15 1$1 dividend preferred A 83.25 preferred (quar.) common National Batteries Grafton & Guarantee 12-28 135c common 84 State Gotham 12-20 140c 125c $1.12V2 50c 25c 56(4c 50c Extra 4 $1.12(4 . (quar.) Woollens & Co. Guaranty Trust Co. t$1.25 f$i.25 preferred (quar.) (quar.) common preferred (quar.) Corp., common Rubber 1-15 Extra Dominion Square Corp Dominion Tar & Chemical Co., Common (quar.) ; preference $5 American Griscom-Russell 1-15 ' 1 • Ltd. 4(4% preferred (quar.)_____ Dominion Glass Ltd., com. (increased quar.) H.) Griess-Pfleger ^ Dominion Foundries & Steel, 1 10% $1.25 25c (quar.) Co., 1-15 137 %c (quar.) (quar.) preferred & 1-31 12-31 Extra 2- t$1.25 (P. 5% 1-15 1-10 f25c common.. dividend Griesedieck 2-23 (quar.) com. Steel McBean Great 1-31 tl2(4c common preferred Fabrics, (quar.) Wares, Ltd., preferred (quar.) Time Corp— $2.25 2-15 120c non-cum. Ltd., 1 Joplin (quar.) preferred Grayson-Robinson Stores, 2-23 C40C (quar.»_____ 2- $1 $1.37>/2 $1.50 (quar.) preferred Grandview 1 2 Journal Grand 2 2 1- Investment Foundation, Ltd.— 50c preferred (s-a) convertible preferred Safety Razor, 12-30 t$1.50 1$1.50 Dairies, Dominion "2nd 1- 2- 1-25 4% Great American Insurance f$1.25 t$1.25 Co., Ltd. "i Ltd.— ____ Dominion 5% . __ Bridge v 1-15 20c Dome 2-15 dividend 12-29 Goodall 12-22 1 f22(4c Dodge Extra 7 2- 2c International 1-15 Golden 2 3- 6(4% ___ Dixie-Home Dominion 1- 1- 1 Johnson Si Globe 1-12 1 5-10 Jewel Gould (interim). Stores, Mtg. Corp. (quar.t—_ Mines, Ltd. (year-end) Dominion & Anglo Investment Corp., 1-15 2- $4 _ (initial quar.) 5-25 12-29 Brothers, Inc., 12-22 1-25 1 2- 7(4 c being Jan. 31 on 12-15 1-15 4V2V0 1-15 25c 1- 2- t83Ac plus this dividend) t75c t$2.50 Gladding, 2 30c (quar.) redemption issue 1-25 93%c $1-25 • Glatfelter Co. 1 International Telephone Si Telegraph Corp.— Resumed (1st payment since Jan. 1932)__ (increased s-a) B $4.50 1-10 (entire 1-17 2- Corp., Ltd.— Gillette 1-11 12-29 2- Resistance— 1-4 87'4c (quar.)_^ 12-15 1-15 tS1.75 ($100 par) 1 Corp. Gimbcl 1-20 for share 12-15 1-15 t$1.75 ($5 par) pfd. conv. 12-29 Stock 1-25 6% 1-15 5% 10c International General 1-11 % 5 12-29 2-15 5 25c of (quar.) (quar,)___ International Paints of Canada, Ltd.— 6% preferred (i-at 1-19 1 1-15; preferred t'5c General 9-14 1-15 1- 1-22 2- Co. (quar.). Canada, Ltd.— 1-15 $1 pfd. 2-1 60c (quar.) 50c (quar.)_. com. 4% (quar.) preferred $1-50 $6 6-15 $1.75 (s-a)__ 1-12 7% 7% (increased s-a) $4 3-15 2 4- $1.12(4 __ Diamond Match Co., new com. 1-31 Co., Co., 25c preferred $5.50 Distillers Co., Ltd.— Amer. dep. receipt for ordinary Dividend Shares, Inc..__ ; 1-15 General Public Service Corp. 3 Detroit Gasket Si Mfg. Detroit River Tunnel 2-15 ; preferred (quar.) 5% 1-15 30c $1.75 Light 1 1 Class 1-18 2 25c Edison 3- 2- Class A 2- *50c . Nickel Holder$ Payable of Reo. 30c Common Stock General Products Mfg 4- Vilbiss Co. Delaware 5 12-20 25c (quar.) International 2-15 General Outdoor Advertising Co.— 1 25c _„ Detroit 1- 1-15 Dana Corp., 3%%: pfd. A (quar.) Davenport Water Co., 5% nfd. <quar.i_„_ Davidson Brothers, Inc.De 5 _ preferred (quar.) preferred (quar,) 1-15 1 15c (quar.) $5 preferred (quar.)— 6% Cudahy Packing Co., 4(4% pfd. Cunningham Drug Stores, Inc 1-31 3- $1.06(4 (quar.) Inc. Mills, Motors $3.75 5 1- $1.75 (quar.)____. common 8% preferred (quar.) Cuban-American Sugar Co. 1% preferred (quar.) 7% 1- 1-25 $1.31 V* .. . Milling Special Corp. preferred General Corp. (quar.) Bit Co., Ltd. <s-ai_______________ Crown Cork Int'i Corp., $1 class A (quar.) Crown Cork & Seal, Ltd. (ouar.) & 1-25 5% Craig Crum $3.50 1-16 1 90c _ Electric preferred 2- 3- Finance General _______________ preferred (quar.) Corneh-Dubilier International Share Harvester 60c 5% preferred A (s-a) General Foods Corp., common 12-29 $1 <quar.)___ com. 1-15 Corp.— preferred scries A (quar.) Baking Co., common (quar.) General 2-20 1-15 75c dividend 1 50c Quarterly Products 12-30 1-31 General Electric Co (s-at__. (increased) (year-end) Transportation American t$150 . __ Container Stock (quar.) Electric Light Co., com. 175c Consolidated Year-end Corn Co., preferred Gardner , __ conv. Gamble-Skogmo, Inc., 5% — (quar.) Consolidated Mining & Smelting .Canada, Ltd. (s-a) pfd. (quar.)— pfd. (quar.) common (quar.) — 5% 1-22 25c 55c 50c $1 12 (4c 62 (4c 35c $1 $4 (quar.) When Per Name of Company 150c (quar.) Monday, January 15,1951 ,. . Holdert> When Payable of Rec. Co.— (quar.)_ Co., common Company, The Commercial and Financial Chronicle International (quar.)— common Malting Si preferred Gabriel 3-20 12-30 .. (quar.)— $2.20 preferred Fruehauf Trailer 5 1-15 Grain Common 2-15 $1 preferred Extra 1 3- 10c Connohio, Inc., 40c preferred fquar.t Consolidated Car Heating Co. (quar.) 2- $1.50 (quar.). Ltd., Companies, Froedteit 5 51c preferred $2.04 Per Share Name of Company Fraser Co.— (quar.) preferred (quar.) $2 preferred (quar.) i .'...".'U Holder • When Per Share" Payable of Reo. Name of Company Connecticut r 7-7.''"J y tr<ywwr-v/V*w .(242) common (quar,)__.— (quar.)—— Piping & Supply (irreg:)_-— 4% •- 1-31 1- 8* 25c 1-15 12-13 SI 1-15 .12-13 50c 1-15 1- 5 Number 4977 Volume 173 . . The Commercial and Financial Chronicle . • - Per Name of Company Miller <I.) Miller Sons & Manufacturing Class A $1.50 1st Stock preferred quar.) & Television preferred $1.32 1- Penn (Entire issue called, 50c Montgomery Ward & Co., ' iquar.) Works, Motorola, 1-15 3.80% 1- 4.30% preferred preferred 4% Ltd.. 1-6 12-11 12-11 1-30 $20c 1- 1- 2- 1 1- 5 40c 1-20 2-20 ; 2- 1 Co. 1 (quar.)_ Extra : Mountain States Ltd. Co., (quar.) com. (quar,) Mountain States Munising Paper Co., 5% Mutual Telephone & Telegraph Co. 1st pfd. (quar.) InVestment Fund, Inc. Mutual System, 6% Inc., preferred Narragansett Nathan (quar.) common Electric, National Biscuit Co., Cash 4'A% 2- 1 2- 1 50c Products National Fuel Co. National Hosiery Mills, Gas 15c 2- 1 45c 2- 1 25c 1-15 1- 50c 1-15 Corp. 50c class A A (quar.) 60c class A (quar.)__ $15c Lead Co., 6% Linen National Tea 4'A% Co. Co., Tile Nazareth Neisner Cement 1-31 5 5-15 8-15 ■>' Ltd.— A * (accum $$1.20 (quar.) ___ 3-15 1-15 12-15 1-15 (quar.) 1- 47'Ac (quar.) 8 3-15 2-28 2* $1.18% $1 12'Ac New Brunswick "England Telephone Co., Gas Ltd. Electric & 1-15 1-15 Quarterly .1-15 2'Ac New Englahd Public Sex-vice, $6 pid,___ preferred $7 $7 *!■ adj. preferred— First payment since N,' Y. State Newberry Norfolk .4% Stock pfd. 42'Ac North (quar.)__ Refractories Ry. ^4%: preferred Northern Pacific Northern (quar.) (quar. Ry. (quar.). $4.10 1 10c ,4.&0% . (Initial Olvmpia 125 Radio East, 63rd class & Ontario Products Company Oxford A Inc. Co., $1.12'A 50c 25c t (quar.) preferred Pacific Coast Aggregates, '5% ,5% ; l': $1.25 Pacific Pacific 1 1-31 1-15 preferred 2- 1 series sink, fund fund sink, Gas series & Electric $4.50 1-16 1- 5 1- ,,$1.30 preferred 2-15 2-15 1-15 $1 1-27 1- 1-26 1st preferred pfd. (quar.) 1-25 12-2& 1-25 12-29, 2-28 2- 1 12-20 2- 1 33A% preferred A (quar.) Standard Power & Light, $7 pfd. 1-15 2-28 2-23 1-17 2-15 1-19 1-31 1-15 1-15 12-30 $1 1-31 1- 2 $1.12 '/2 1-15 1- $1.25' 2- 1 "1-15 2- 1 1-15 50C preferred (quar.) Packard-Bell Co. (quar.) 12-29* $1.10 1-15 12-20 $1.12'/2 Telephone & Telegraph Co.— 6% 1-15 1-15 1-15 12-20 (quar.)-_ 1-11 2- 1 1-15 50c 2- 1 1-22 2- Class Steel Participating 1-15 Sterchi Brothers 2- 1-15 Stern 5 5 Stetson 1-31 1-16 1-19 12-11 1-25 Stuart , . f. ' 1-12 Superior 1 1- 3 Texas Texas Terre . 32'/2C 2- 1 1-15 $1.50 1-15 12-29 4- 2 3-15 $1.25 4- 2 3-15 $1.25 4- 2 3-15 convertible Stores, 5 3.65% . .. 2nd preferred Flour preferred 2nd 1-31 Preferred 1-19 1-31 Tobacco & & 25c 1-25 1-15 1- 4 1-25 1- 4 J25c t$1.75 2- iEd.) & 12-30 $$1.50 1-25 1- 1-25 1- class B 1-15 (quar.) 12-30 1-15 1- 1-15 preferred 5'A % A True 1-15 1-20 2 1-15 1- 27'Ac 2- 1 27'Ac 5- 1 5 'A% $3.40 8- 1 preferred Mfg. Co. 208 7-18 3.65% preferred Seaboard Securities Electric 5% 2 s 2r 1 $1' 3- $3.70 5'A%" pfd. (quar.)—_____ Corp., (quar.) (quar.)__J- ? 1—.___ common 27'Ac " Union Oil . 2- 1 $4.50 United -2-14 1-10 stock 7% 62'Ac 30c 1-23 15c 4- 1 3-10 31'Ac 4- 1 3-10 i 12-30 Corp. , Co. of Biscuit & 25c 20c 62'/2c & B (quar.) 1-15 12-30 2- 1-15 1-15 1 2- 1- 5 1 3-15 4- 2 1- 2 1-15 92'Ac :___ of 2-15 2-15 1"20 2-15 1-20 1- 3 Ltd.—$20c (quar.)—— -50c 2- 1 - 1-15 1- 4 12-30 30c 1-15 12-30 87y2c 2- 1 4.-15 1-15 30c — 1-10 2- 9 f . $1.12'A (s-a) 1-20 $1 America Ltd. 1-20 ^ $1.12'/2 (quar.) Share ' 12-3Q 2-15 —_— California Tool 1-13 1-15 1-15 35c * United Drill 6 1-10 ' 87'Ac — —_— Canada. Co. 1- 1 Missouri— (quar.)—i__ preferred Bond $$1.75 (quar.).___—______ of 1- 6 ' for (quar.) (quar.) United Corporations, Class 2- * pfd. (quar.). (irreg.)—_ (quar.)__l Co. 1- 5 1-15 common — of 2-20 1-15 J30c United Cigar-Whelan Stores Corp.— $3,50 conv. pref., (quar.) 1-20 ; 12-28 1 1-15 (quar.)—31'Ac pref. (quar.) $1.12'A Ltd. Street ■ preferred Gas 2-1 12-28 2- 9 3- $30c (quar.)__ Extra 25c 2-15 2- 9 1 $15c (quar.)— Co. $4 preferred 2i14 1 Ltd. Corp. United 91'Ac (quar.)___ 1- 8 50c America 4«A% Co.. preferred preferred Union v3- 1 2-20 , 1-27 held.1-31 Works, LaSalle Electric $3.50 ".1-18* J2- 1 ,$1.07'A of shares Lamp ,1-18* . 3-1 Products, $1.25 pfd. South Udylite * —_ (quar.) Co Acceptance preferred —1__.— (quar.) Container, Corpi 85c , ' preferred Scranton ; . 1 3-1 *' 3c — ______ (quar.) Bank of 12% preferred $4.50 (quar.) (quar.) 4.30% share 30c Co.— preferred Scovill — -— - Temper Corp., Union preferred A 'quar.)_T preferred A (quar.) 65c 17'Ac $1.06'A - Tung-Sol 4-18 25c 1- 8 — Co Tuckett Tobacco 1-18 27'Ac common (quar.) 1- 8 2-15 3- " , (quar:) com. Building Association, each Schwitzer-Cummins— 5'A% 12-30 2-15 L_—2c Treesweet 1-3 1 2-10 Inc.___i„:—* 50c One 12-30 2- 25c X 10c• (quar.)-___ Z 1-25 " 20c Trane Company (quar..— Transamerica Corp. (stock dividend)— 12-30 1-15 1-15. , Elevators, Ltd.— Extra 4 1-15 1-31 : Manufacturing Traders 4 J60c _______ — Co., 12-30 1 6-15 3-1' 3-15 Co., Ltd.— Extra Co., Ltd.-— Company Industries^ 1 / .$3-15, 3-15 10% dividend).—, (Bait., Md.)-— (qv.ar.) Mining 1 6-25 ' 50c • Toronto Towle 2- Co., preferred Tonopah 1-25 4- /50c 1 $1 semi-annual Edison •4'A% Ltd.— (quar.) .Increased • (quar.)—_— Company, Ltd., . , Toledo 1-31, 1-15 '■■■. deposit recipts for ordinary (final) 13% Amer. dep. receipts for deferred (final)—13.7143% Tokheim Oil, Tank & Pump Co.— 1 1-10 1-20 2- Amer. 1-19 t50c (stock Trust 1 2-15 60c - (annual) Securities 1-15 1-15' 1-10 ■ 1-31 50c Stores, Ltd. Title Guarantee Co. 8 2- 62'Ac (quar.) (quarterly)— • 4 ■ Quarterly 1-10 $183Ac Mills Co., preferred Mills pfd. 12-29 1- - (quar.)—— conv. 1-15 1-25 1 2-'l - preference Thrift 1-15 1 Mfg. Co,—- 2 15c 22- 91'Ac Company, $2.50 Thomaston - (quar.) preferred (quar.)_ 1st Glass convertible 1- 12-29 1-29 - $1.14 • ■ 12-29 $1.50 (quar.) 12-30 $1 ________ '•'i- 4- 1-15 $1 (quar.) 1-16 $2.50 12-15 $1.14 —_ 1-15 50c 1-15 20% $4 preferred (quar.) (quar.) —— Light, $4 pfd. (quar.)_ 2 20c : 1-15 $$2 Corp. 1- ________ 1-' 2 2 Service, & preferred $2.40 1 , 1-17 2- is-a) —■ 50c (quar.) 1-30 1-10 1 12- 25c " 15c 1-16 conimon-.; preferred 1-16 2-15 (Cleveland 1 $1.75 Inc.— 2-J.5 $75c 83Ac (accum.)— Inc., 1 1-30 f$10 Thompson Products, Inc., common 4% preferred (quar.) —_ (quar.) Foods, 1 Cj. $4.56 preferred (quar.) Thalhimer Brothers, Inc. $1.25 common.. 3- • preferred Power Thatcher (quar.) 6% pfd. t20c 1-1*5; ; 12'Ac '(quar. >_•—£.A Corp., Ltd., ord. Malleable & Mfg. Electric $4.56 Thermoid Fine Corp. dividend 1-12 Seagrave *•' Haulc Stock 2-15 (quar,)_— 1-20 1-15 2-1 ■ . (quar.)_ Corp. — Petroleum Town 1 Lawrence Paper Mills $4 Steel 1 W. 5% 12-30. 12-20 1 1-15 17'Ac 1 12-13 2- (quar.J __________ 2 1 5 . 1-15 1 22- 1 3- $1.16 ' 2- 60c 25c 2- 3-5 5 Y.)— (quar.)___ ,;T- "5 1- "5 1-15 3-15 k !; , 2- 3-15 Company— common 10% " common-. Spring ;t.. 1-19 1-19 , pfd, (quar.)—$1.06'A Teck-Hughes Gold Mines, Ltd.— $5c 37y2c 30c 12-29 Terminal 3- $10c com, dividend)— preferred (quar.)___ preferred (s-a) Sutherland Paper Co., 4'A% 3-15 —___ 1-15 Sun. Oil Co., 4'A%, pfd. A (quar.) $1.12'A- ' ■ 2-1" Sunray Oil Corp..common (quar.)—, 25c-"'■) 1-15 Sunshine Biscuits/ Inc.—';r'' $V u' 2-1 Super Mold Corp. of California (quarJ)„LL ' 50c 1-20 25c (quar.)___ 12-29 $1 $1.50 2- 1-15 ...vf . (stock — 1- 5 . 1 Co. conv. ,• 8 |4- 2 —— (quar.) Sun Life Assurance Co. (Canada) J: Extra 1-15 ">n--l9s«- • 1- 9 $1 ":'.y (D. A.) Oil Co., Ltd.— participating preference 80c -,;,'T-19"' ..S " : - 1 56c & Clothier, dividend Stubnitz-Grcene 8'Ac Co., ; Mills— Briquet, $2 Stock plus : (N. 2-23 u 3-15 (s-a)_ common — Supertest —k preferred 1-8 3- 37'Ac (quar.) Strawbridge redemption share per (quar.)_„____ Textiles preferred Stromberg-Carlson ' for Stores, Inc. 15c 1-15 1-25 2- 2-1 15c 12-29 l-25 '• 2- (extra):— 9-15 50c 1-8 $20c (extra) 10- ;l5c 1- 8 2-1 A 9-15 " '' 1 ; B.) Company, preferred (s-a) 8% 6-15 ». "»• ■ 2- B $1.75 (accum.) (quar.) (John Stonecutter 3-15 J'. 1-lp t20c shares__ Class 7- 1 1-10 1 Class 4- 12'Ac 1 1-15 10- 933Ac 2- 2- 2-10 ' 3* 1 1-15 $1.75 r Stern 4'A% 1- 2- Schuster : & 1- 1-22 $1.75 v 1-16 tlOc Extra 1-22 $1.75 called pref. 1-22 19c 1 —______ 75c *c_. l-l6 2- $30c of Canada, Ltd., ordinary Extra'—-— 40c ___i_ 1 50c __ 2- $30c Co. 1 1-25 933Ac (accum.) '$1.75 $ 15c 2-1 1 Ohio A $25c Co._ of Steel t25c (quar.) — Power - _ 1-20 8 $1.25 (increased Scott Paper 31V4c (quar.)l 1 2- Co. Spring Co.— 4% convertible preferred (quar.)„ Stanley Brock, Ltd., class B 1-19 2- Standard 3- Schenley * 2 " (quar.) - 2-15 50c Oil 37'Ac Scarfe 1-15 12-29 2-1 • V 75c (quar.) — Avenue ; $1.50 1-12 Fifth • . 1-15 ,; $1.75 1- preferred 2-1" $56'Ac Standard 1-15 Building, (quar.) 2-15 (quar. Co., Electric— pfd. 1 2- A Ltd., 4'A% 3- Co, Typewriter 2-16 (accum.) ________ (initial)_____ Corp., 1 (accum.) 15c & 3- preferred (initial)-- com. $102.50 preferred 1-31 40c _______ preferred $1.25 & (quar.) 50c Myers, Inc. (ixreg.) Button 1 prior (quar.)_; at Light 1-22 (quar.)_ • Standard Gas & 30c Sargent 5 $1 (quar.) Co.—- 12-22* 1 3- . preferred Co.; 2- prior Diego Gas & Electric, common <quar.)_ 20c 4y2% preferred (quar.)—< 22'Ac 5% preferred .(quar.) ____________ 25c Saratoga & Schenectady RR.: (s-a) L— i—j- - ' "$2.50 1-15 $1.25 (quar.) Service 1 1-15 $1 $12'Ac Ltd. $7 San - 12-29 20c —i preferred Standard Fuel (quar.) $6 dividend) & Lawrence $6 Inc.— preferred 1-15 ' convertible (quar.) $2.40 2 1-15 15C (increased).. Lighting Co., $4.40 pfd. Public St. 1-17 1-30 $2.25 , (quar.) 1-15 1 A Co., $1.50 .£<—______ common ?7% :• , $$1.75 . preferred- (quar.)—— Corp. 2- series 1-15 Common 1-15 $$l _____________ ' Paciric Pacific 2- Finance series St. 12-29 ; $1 pfd. (quar.) Fisheries, Inc. (year-end) American conv. 1-15 ■' 5% ___ Ltd., common— (year-end) Chemical preferred p 1-lii 2-15 (quar.)__.-r^_k.L-2_uiu._ Paper Co Feb. 1- 2-1 Dredging Corp. $4 quar.)_ preferred (quar.)__ preferred A(quar.)___ prior preference (quar.)_______„___ 75c " (quar.) Standard Standard Stott (being 1-10 $1 2-10 , 20c 1-15 (quar.) $1.50 Engineering Cement-Co. (Mass ) 1 pfd>. (called for redemption on April '■ 1 at $112.50 per shr. plus this dividend) St. Lawrence Corp., Ltd.— '• $2 1st preferred (quar.) _____________— ;; 5-15 1-15 40c , (Dallas, Texas) * 12-15 12-30 5% 1-12 Products, Inc., 4% 4j/2% ; 12-30 J25c $3 participating class A Safeway 12-29 .___ dividend Pacific Pacific I 1-30 (quar.)___. Corp.— Co.. common Paper Pttbco 6- 1-20 "25c Electric Oxford ' 32'Ac ;7% preferred (quar.)——_______ Qtis Elevator Co. (extra) Otitlet ' & 1-15 1 preferred' preferred 4% 1-10 J"15 2-15 Inc.— Television, (stock 1 1 $1.13'A i Street, Inc., 6 % Oneida, Ltd., Steel S. 1-15 $1.25 3- (quar.) common- 12-20 1 2- (quar.)___ preferred (quar.)__ Raisin 7% y : (quar.)_______—_ convertible 2nd 1-15 2- — 40c 1 35c : & 1-15 45c Co. !_____ Co. 1-15 25c Co., Ltd., preferred Corp. 1 55c Telephone (quar.) Insurance 1-15 $2 (quar.)_ 2- $1.05 (quar,)____ Russ prefeired 3- J75c (quar.)_ Russeks 1-15 1-30 56'Ac — Filters, " (quar.) com. preferred Class 12-29 " 3- 5 56'Acf' quar.) Company (quar.)_ Oliver Corp., 4'A% conv. pfd. 2- 20C' " : Okonite $2 1 Associated 25c" pfd. preferred Royal 12-29 1-15 2- 33 %c (quar.)__ preferred United ' 1-15 50c _________ ' Oliver 12-29 1st $1.60 2nd Rothmoor * $1.20 Co.— ________ J2c V 2nd 5% 12-29 1-15 $1.02'A (quar.) (quar.) preferred A (quar.)—. Oklahoma Gas & Electric Co.— preferred 1-20 $1.20, $2.25 4% 3 90c ____ preferred Co. New-common 1- 17'Ac —______ -Ohrbach's, Inc., $2.23 preferred A ,5'A%; 1-25 & Electric (quar.) England Telephone Quarterly Springfield Gas Lignt Squibb (E. R.) & Sons $4 preferred (quar.) 12-20 preferred 5% 2 50c common 1- Co. convertible Shoe 1-12 1-15" New Southwestern Life 12-20 1-15 1st 5% , (quar.) (quar.)_____ Engineering Co._ Nunn-Bush ■i- 1-24 $1.06'A $5 6-15 Common ^ : (Minn.), (quar.)______ Pharmacal 1-15 t75c 7- Rockwood V- (quar.)______ , preferred 1-12 $1.75 4.65% 12-26 Gas Co. 1-12 (quar.) New 12-29 12-30 (quar.) Power 12-30 preferred Rockland 12-2P 1-15 12-20 1-15 preferred Colorado 1 1st Rochester ■ '$4.80 preferred Norwich 1-15 1-15 $2 1-15 17'Ac partic. 1 (quar.)__ Cotton Mills, Ltd Rochester-American Insurance Co. Quarterly 1-17 1-19 t$1.50 Ltd.— (quar.) 2- Robinson 12-15 $2 States Power Co. Nofthwesr 9 1-30 20c (s-a) preferred preferred 2- 25% Central Railway Co. (s-a)___ Northern Engineering Works— Northern Indiana Public Service— .$3.60 25c _______ 2-15 Co., 1-15 .____ common (quar.) Common 1-16 12-31 $40c (quar.)___ Power Quarterly 3-15 Robbins yl-19 1 12-31 1-15 5 Co.— (quar.)__ A Canada 2 $1.06'A ________ ______ American Central Northern 2-15 2- 1-15 37'Ac preferred preferred Gas 2- 4- issues 93 %C 37'Ac California 90c (quar.) File participating Participating (quar.)__ 1- (quar.) $2.20 preferred (quar.)___ Southwestern Drug Corp.— Inc 8% common $1.50 (quar.) 3%% dividend North 12-29 1-31 4.80% Dry Goods this 12-29 1-15 1 28'Ac preferred Southwestern Ltd (Canada), Riverside 12-29 1-15 series 12-31 t$1.50 Colorado, — Ry.— adjusted preferred Electric Corp.—: Noma three "1-15 | 1-5 12-31 (quar.)____ Electric 12-29 $1.75 1- 1-5 1-31 Southern 5 $1.75 A" Gas & Co.. J.) Western 1-15 1-15 1- (quar.) $5 1-19 1-31 50c on $1.50 . Electric (J. & the above 1932. Co. Stores 33A% 12-29 $1.75 __i._ ___ on B $1.25 22'Ac _ 1-15 preferred River 12-30 1-31 2-15 50c 1-15 (Mass.) 5% pfd. (quar.)____ A.) Company, $2 class A (quar.)__ Inc.f Extra 12-30, y $13c ( (quar.) 12-30 40c quar.) 28c 45c (quar.) redeemable 7% Association— 12-30 1-15 2-15 (quar.) ! Southern Indiana 12-30 Ltd.— 7% *12-30 4'A% $1.17V2 7% A; "1-15)1 1 1-15 (increased 1-19 15c 22'Ac 1-15 Common 12-30 2% (quar.) Concrete Rich's, convertible preferred (quar.) Bedford Gas & Electric Light (quar.)- 12-30 $1.12'A 6% 2 1-20 1-20 7% 5 1- 3 1-30 1 Ltd.— (quar.) 1- 1-15 6c 7% 5 2- 1-22 25c _ 2- 2-15 10c common 2-15 53y8c I- 50c Water, Southern 1st 2 3 2- 50c Power 1-10 7% Brothers, Inc.— New 25c 25c Rice-Stix 2-20 $37'Ac 37'Ac Ltd. 1- 1 pfd. Southern 8 60c Remington Rand, Inc. (stock dividend)____ 5% Republic Supply Co, (Calif.) (quar.) 25c Revere Copper & Brass, Inc. (irreg.50c\ Revere Racing Association, Inc. 20c % "1 1-15 1-10 1-15 California Edison Co., com. series preferred (quar.) 6% Extra 7-31 1- 1-22 75c preferred Co., of Company, Reliable 4-30 62'Ac 4% % Nti'W 2-15 1- 2-1 $2.50 Co., Ltd.— (initial) Inc., (C. 5% 12-29 62'Ac (quar.), 3.80% pfd. Coip., Power Class ' ____________ class G2V2C $1.25 Co., 6% preferred preferred (quar.) Reliance Corp., (quar.) Oats Reitman's 1-17 1-15 62'Ac _____ (quar.). Mfg. Co. (quar.) & 1-31 25c preferred National 1-15 20c (quar.I (quar.)_____ Car Reed 3-15 2-15 2- 4.48% 2 & preferred Raymond 3-15 2 1- 12-29 (quar.) pfd. (quar.)___ Mines, preferred Reading « preferred (quar.) National Sewer Pipe Co., Tank 2 4- Corp. (quar. ) '5% National 4- $1.25 1-15 1-15 Extra 3-15 Pittsburgh Southern 12-22 Co. America, Gamble Rayonier, 1-15 $1.12'A 1 Steel 6% 1 25c & Stores National'Paper & Type 5% preferred (quar.) convertible Quaker 1 9- 2 (quar.)__ Manufacture $2.40 6- 1 1 4- ___ National Mallinson Fabrics Corp. National 1 2- 20c Co. & 4.20% Corp. preferred (quar.) preferred (quar,)_________ preferred 7- 10- South 1-19 1-10 40c Mills, 75c of common 4»A% 2 50c 1-12 $53c Co., common (quar.)____ prefeired (quar.) 6% Reece Corp. 4'A% 5% 3- tl5c (quar.) (quar.) Lock 1 $15c _________ pfd. B Service 4- 1-12 2 12-30 $45c convertible 1-15 2-21 Manufacturing Co.— Public Service Co. 1-11* Aircraft Carolina 11'Ac (accum.) (quar.) partic. Dome Brothers Procter 12-29 1-31 iquar.) South Southern 3.60% 1.10 12-28 1-31 4.56% $1 (quar.)__ Canada, E.) East 9 $1.50 _— of (G. Quebec (qnar.),_ class Co., Metals New 1-12 1 1 2 7V2% preferred preferred Preston 1-15 1-15 1 2- 1 1-27 _—___ Price Ltd.— 60c Common 2- 20c 2- $1.25 1 2- (quar.)— preferred 90c 1-15 Co.— Electric non-cum. Pressed 1-9 <quar.)__ 1- 1 Year-end 12-30 _ Corp. 1st Prentice 8* (quar.)_ (quar.)__ Corp. (quar.) 60c National 12- 1 1-15 $1 preferred preferred 6% , ,__ Distillers National 1-15 Solar Co., common (quar.)_____ 6% 12-30 1-15 65c (increased) 1-10 2- 2- Light Edison Power :.1-15 1-15 Gas preferred 4.70 % 1-15 25c 4% , Potomac 12-30 37'Ac ._ common National 5% 1-15 Common 1-10 75c 2- $25c Ltd O.) Coip— (Howard) Paper 1-10 97V2C 1 (A. 1 5% Brewing General 1-15 56 'Ac (quar.) common. Register, $5 1-20 4c Smith 9 1 (quar.) common Canada, Corp. (quar.)___. Co., Ltd., common preferred (quar.)— 2- (quar.) Corp.( Portland 12-30 1 1-31 (quar.)__ pfd. Year-end National 1-15 2- 10c __ National Chemical & Mfg. Co National City Bank of N. Y. National Department Stores National 12-30 25c (quar.)___ Straus-Duparquet, Inc. National 12-30 $1.50 ___ (quar.) 1-15 1-20 1-20 2- 2- X3c of (N.) $2.12 Cincinnati, Chicago & St. Louis Ry.— Portland 1-15 1-31 1 1-15 15c (quar.) Ltd.— Oil 2- Company (quar.) Cordage Co., common (quar.)_•___ Employees stock (quar.)__ Plywood, Inc. (stock dividend) 2-10 1-31 62'Ac (quar.)__ 2-28 62'Ac Power .57o 1 preferred 4c 115c . Royal Rice Mills, Slater 1-22 $1.10 Ltd., $2c j:25c Ltd Mines, Miller Sinclair 12-29 3- 1- J 95c Plymouth 2-10 $20c Mount 1 1-19 1-31 1-15 f25c Co. (quar.) Mines, Silver 1-15 12-20 2- 2-15 2-15 25c (quar.;____ Extra $1.07ft Semi-annual 12-23 2-28 ; Pittston 12-26 1-29 lc .___ 1-15 Common Smith (quar.) convertible Pitts'gh, 1-15- 50c 10% Co., convertible $2.50 1-15 62'Ac __ 1 1-15 25c shares Pittsburgh 12-24 40c quar.) & preferred 4Vi% 5 56'Ac (extra) 1 2 25c (interim) Piper Aircraft Corp.— 1-10 2- Sherwin-Wilaanis Holdert Payable of Reo. }25c —:___ Inc. Creek Gold Mines, Ltd.__ Sheraton Corp. of America, common 1-10 50c ' (s-a) (quar.)__ preferred American 12-15 1-30 5c (quar.) (quar.)__. (year-end) pfd. (quar.) Pillsbury Mills, $4 preferred (quar.) Pinchin, Johnson & Associates— 12-11 1-15 12'Ac Morris Phillips-Jones 2 1-21 $50c __ preferred 3.90% $1 dividend Diablo 1-23 2 1-15 preferred 2- $1.50 (quar.) 1-15 $1 1- 1 1-25 Foods, Sheep 5 Philadelphia Electric Co. Philip ■ 2- $1.06V4 (quar.) 4.40% (quar.) Inc. Co. 1-15 non-cum. 58c ___ Morrison-Knudsen Co., Inc., common (increased Gear 1-15 on Telegraph Co. (quar.) (John) & Company (quar.) Corp. of America, common preferred & 1 1-15 1-15 Sigma conimon_________-________ 1 Plan Common Machine 2- 1-27 2- 2-15 20c 2- 35c 2-15 When 47 $75c ;__—— ■___ Per Share _____ Extra Co.— $1.10 50c 2- 5 f$1.50 Co Power Philadelphia Co., 5% 2-15 33c (auar.) Traffic Perkins 1-15 ; 1-15 9 5 t75c ______ (quar.) 1 (quar.) common A common 2- , series Led., oreferred 5c redemption _ preferred 1 1-31 11- Shedd-Bartuih $1.20 ; Locomotive 2- lc 9 1-31 25c 4.25% preferred (quar.)______ Peoples Gas Light & Coke Co. (quar.)__ 12-29 2- (quar.45c 51.12 '/2 Extra Montreal 1-25 $1.50 ____ __________ for $1 Pennsylvania Jan. 23 at $104 per share plus this div.) Montana Power Co. (quar.) Stock 8 ■ Name of Company Shea's Winnipeg Brewery, Ltd. Class B. (s-a) Telephone Penman's 1-26 Holdert Payable of Rec. Transport Co.— (quar.) preferred (quar.)______ 1-30 Society, class A (quar.) Chemical, $4 conv. preferred— Monsanto & preferred 1-30 Loan Mount $1 When . Share Petroleum Davis & Co. Peninsular 2-15 (quar.)__ £f% Parke, 1 1-' 3 $6 (quar.) preferred $2.25 1-30 • 300% pfd. 4:80% Morris 2-15 1• 2-15 Corp.. 4.ao% tower, Per - Company American 37'Ac :: 4.40% Morrell 1-15 Mining & Mtg. Co.— Radio Montreal 1-15 25c & Mondagahe.a Extra ' Name of Pan 1-" 5 51.37'A (quar.)_ (quar.)— Ontarip Paper Co.— Increased quarterly Missisoippi Power & Light Co.— $6 preferred (qu^r.) : Monroe (243) Holdert 1-16 40c •: ' (increased dividend Minnesota Monarch , / 15c 2nd preferred Minnesota < Year-end preferred— com. convertible $5-50 ' Payable of Rec, 25c _ (D. J.); 5% Minneapolis-Moline, r./ Co.— (quar.) Milliron's ; * When Share (qimr.) t t B (extra)— $70c 2-28 1-31 Corp., class A (quar.)— 15c 15c 2-1 2-1 1-9 Ltd., class 1-9 48 The Commercial and Financial Chronicle (244)" U. Fidelity Quarterly 6% 13. preferred S. "U. U. S. U. (resumed) 7% 70c 2-15 2- 56V4C 3- 2-15 Weill Wesley Mason Mills, Ltd., 5Va% West Penn Power Co. 1 $1.75 8-19 7-31 $1.75 11-20 10c 1-15 17 — (quar.) — Coal 1-15 12-20 1-15 12-28 Western 6 12-20 1 2- 1 1-17 1-17 $1.40 30c 2- 1 1-15 50c 2-16 50c 2- 1 1-15 1-31 Ltd., Grocers, Class 1 25c 2- 1 A class $2.50 Western Western pid. A 1 1-16 37 Vac 5- 1 4-17 White Sewing 37 Vac 8- 1 7-17 York 1 1-15 2- 1 1-15 31'Ac 3- 25c 2- ■; 1 Company 2-20 2 3-20 2- 1 1-15 2-1 1-2 2- 1- {12'Ac ___ Extra 1 4- 75c (quar.)__ 1-20 3- 25c County Gas Co. 1 25c — tlOc _____ 1 preferred (quar.) {31 'Ac 2-1 1-2 preferred (quar.) {37>/aC 2-1 1-2 50c 1-31 1-10 Zenith 1-19 2- 1 Radio ♦Transfer 12-28 $1.433i $1 2- 1 2- 1 1-19 1-19 a 50c (quar.) common 2- 1 1-19 Corp. (quar.)__ books not closed resident tax British Less Jamaica income y Corrected Previous 1-19 2- 1 50c Less payment published dividend. 15% Canadian tax 15%; resident income tax. x (initial)—— for this tPayable in U. S. Funds, less {Payable in Canadian funds, 3-15 ' 2 5% 1-15 4- 2 preferred (quar,)—— $2 prior 1-10 1-20 35c (quar.) 2- $$1.75 Zellers, Ltd., common, Machine Corp.— common {$1 75 Ltd,— (accum.)—... (quar.) Monthly $1.25 2- 1-15 Monthly 12-15 2- 1 2-15 50c — (quar.) Wheeling & Lake Erie Ry., 4% prior lien (quar.i — New $1 $1.25 (quar.)_— Tablet & Stationery, common preferred $5 5% RR., 1-23 1-31 6% (accum.) Pacific preferred Wrlgley (William Jr.) Monthly 1-15 2-15 1-15 1-15 1-31 2-15 Machinery Corp.— 5% convertible preference (Entire issue called for redemption on March 1 at $25 per share plus this dividend.) 1-31 12-29 12-15 {$1 {50c +35c : ; (quar.)___—_— Insurance Securities Co.— Western 6 2- (quar.) A 1-10 15c <quar.)_ Wood Newspaper 12-20 12-20 12-20 3- 1 1-15 2-21 $1.50 Corp. James, preferred 1st 12-29 $2 Power & 1st 7% 1-15 igc is-a) (quar.)— 7% Hotter* Payable of Rec. 30c Crampton Electric When Share Oil— preferred Alexander Wood, 12-30 <quar.)_ (Cuba) — pfd. 6% 1-15 1-15 1-15 1-15 & Wisconsin 1- 2 40c (initial)..— common Winters 1-15 1-25 1-25 *2-29 +25c preferred 37 Vac 7% $1.12 Va $1.05 $1.02'/a Ltd. Breweries, Canada Western 1-16 2- 2- 30C 4% preferred (quar.)_ Virginian Railway preferred (quar.) 6% preferred (quar.) 6% preferred (quar.) Co., ____ VaC 11- Coke Co.— & ______ 4Va% S2 com. (quar.) preferred (quar.)—— —4.20% preferred B (quar.)4.10% preferred C (quar.)—________—. West Point Mfg. Co., new common (initial) (s-a) _______ Detinning ,_l tlOc $1.25 ————- (annual) & Co. iRaphael) 12 VaC <quar.)_ common Quarterly Iron, (quar.) Co., $5 preferred 50c common Vertientes-Camaguey Sugar Co. Vulcan Weatherhead 6 5- <quar.>___ Ltd. Extra 2- 5-20 preferred (quar.)___ Wallpaper, 4% conv. pfd. Virginia 1 1 2-20 Van Camp Sea Food Co., Inc., Vanadium Corp. of America 1-15 Waterous, $1.75 preferred 1-15 2- 1 12-15 $1.75 Tobacco, 1-26 12-20 (quar.)— Leaf $3 pfd. (quar.) {$1.37'/a 1-15 (quar.)____ convertible $3 2-10 1-15 1-15 1-20 — 20C Valspar Corp., common 54 $l.l2Va (quai.) 1-15 (quar.) Stockyards Corp., Universal 1-19 preferred 5% (quar.) 50c conv. United 1 (quar.i preferred preferred United 2- Warren Corp.— preferred preferred 7% 1-19 1-15 1-15 1-15 2- 1 2- 1 2-10 Per Company River Wichita Union Stock Yards, 4% pfd. Wilcox Oil Co., common (quar.) 12-22 12-29 1- 4 1-22 175c 40c 20c 62VzC 37VaC $1.06V» — 87 Vac Bumper Co., common preferred (quar.i ________ Steel a. 7% 7% 2-1 1-15" 1 (quar.) Brothers Co., common Monday, January 15, 1954 . < Name of Payable of Ree. Wichita (quar.) Co. Warner Holier* When - Ltd,— Worts, & Washington Gas Light Co., com. $4.25 preferred < quar.) $4.50 preferred iquar.i ______ Spring & 4 Va '/:■ 2- 25c — __ _ 12-26 75c Ine (quar. preferred 1-15 Gooderham <H.) Common Shoe Corp. (quar.)_: Smelting, Refining & Mining— S. 7% Per Walker 8 (Bait.)-— Co. Radiator Corp., common S. U. Chemicals, Industrial S. Guaranty 12- 50c (quar.) & 1-15 Share Name of Company Payable of Rec. 75c 50c Co. S. U. Share of Company Fruit Holder* When Per Name United . . deductible tax non-residents' the at tax. source. Non¬ reported hert. 7%. tax. or holders dates of record dates are incorrect. were STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS bids ARIZONA Maricopa County Sch. Dist. No. 31 (P. O. Phoenix), Ariz. Bond Sale—The $200,000 school bonds offered Jan. 4—v. 172, p. to John 2268—were awarded & veen of Co., Kenneth and Chicago, Ellis A. Nu- & Co., of jointly, at a price of 100.03, a net interest cost of about 2.28%, as follows: until for 23 11 the (PST) a.m. Jan. on of $300,000 school bonds. Dated July 1, 1950 Due on July 1 from 1952 to 1970 inclusive. Principal and interest purchase payable (J-J) the County Legality ap¬ at office. Treasurer's until bids for 16 water on July 1958 inclusive. 1952 to 130,000 2V4S. Due Tucson on Los Note Sale—The issue of loan temporary 10th Ariz. $601,000 series notes purchased by the Valley Na¬ tional Bank, of Phoenix, at 1.05%. was bonds 173, offered 145—were p. f bonds, 240,000 a a of Bros. & Hutzler, both of New York City, jointly, at 1.09%. Union Kings School District (P. County Bond 2%s, at as a $500,- 2s, basis of a a Sale The — of Additional by 101.41, a bonds Witter Dean Sale purchased The — price of about 2.49%. a $45,000 District School bonds Hanaford by 100.12, %// a & as 2V2S, basis of of purchased was of composed America National the Trust Savings Association, J. Barth Co., Blyth & Co., William R. Staats Co., of Los Angeles, Dean Witter & Co., Lawson, Levy & O. Los Angeles), District bonds. 1951. Williams, Stone & Youngberg, all 9,000 & Due 1967 La on Dated Feb. inclusive. Verne Dated Aug. Aug. 1953 to price 5,000 Whittier from 1953 243,000 1J/2 s. from 1959 to Feb. on 1958 1 inclusive. Due on Feb, 1 to 1967 inclusive 95,000 13/4S. Due on Feb. 1 from ,1968 to 1971 inclusive. Fullerton Sch. Dist., Orange County (P. O. Santa Ana), } California Bond Offering — B. J. Smith, County Clerk, will receive sealed 1952 Due 1957 inclusive.. Due 1 6 1 inclusive. 9,000 2V2S. Due on 1974 1976 inclusive. l3As. Due on 173, * loan Sale—The 1 March Trust by the the Co., of Jersey City, at 1.10%. of Bank National Savings Association, of San Francisco, at a price of 100.29, a net interest cost of about 3.16%, as follows: Offering — Jan. re¬ sealed bids in care of Day, Berry & Howard, 750 Main Street, 000 (EST) m. p. school-1951 1, 1951. 1952 to nial Trust bonds. Due 1971 and interest on on Dated Jan. 1 from inclusive. Principal payable at the Colo¬ Co., Waterbury. Le¬ Note Sale—The issue of $559,000 loan 11th series notes purchased by the Chase Na¬ . tional Bank, and Salomon Bros. & Hutzler, both of New York City, Diego County Sch. Certificate Sale Bond 000 Sale—The issue of $390,- San Diego School District chased by Union bonds High water and — Feb. 1 Cook & Sons, both was * 1952 to sewerage revenue tificates offered Neal & on Jan. 8—v: cer¬ both of Co., inclusive. V/2S, as basis at price a Chicago, Dempsey-TegeSt. Louis, Sills, FairHarris, of Chicago, Quail & man Co., of Davenport, and Blewer, Glynn, of St. Louis, as of 105.02, a bonds, sewer on Dec. as from 1 2V2S. 1951 to inclusive. 1956 680,000 sewer bonds, as 2V4S. Due Dec. on - from 1 1967 inclusive. The . bonds dated are to 1969 ■;//, Dec. 1950. Legality approved Charles & Trauernicht, of 1, by St. Louis. 2.19%. about of INDIANA Columbus Housing — Authority, Ga. Evan3ville, The issue of $666,Bond temporary works improvement and re¬ funding revenue, improvement, series ly, at 1.09%. Jan. of 1951 9—v. awarded to & Housing Authority, III. Note Sale—The issue of temporary series, Chase mon was & $1,340,- notes purchased National Bros. loan bonds 172, a p. offered on 2429—were syndicate composed of Shields & Co., Eastman, Dillon ILLINOIS Decatur Ind. Sale—The $5,500,000 sew¬ age ler, both of New York City, joint¬ pur¬ / of ler & Co., of 172, Waggoner, all of Atlanta, a 1957 ° III. A. G. Edwards & St. Louis, WhitePhillips Co., G. H. Walker & Co., The $200,000 New York City, jointly, at 1.10%. on River, $900,000 general obligation bonds was purchased by a syndicate com¬ posed of Paine, Webber, Jackson & Curtis, of Chicago, Newhard, Due County Clerk, will receive sealed Due Bessemer Sale—The issue of Bond Ga. loan notes was purchased by the Chase National Bank, and Salomon Bros. & Hutz¬ Dists. the follows: Note Sale (P. O. San Diego), Calif. by Co., of Jersey City, at 1.09%. GEORGIA 000 San $616,000 series notes 11th loan purchased & 000 1951. Authority, III. temporary Heitner & syndicate composed of the from 1953 to 1972 inclusive. Security-First National Bank of Los Angeles, Blyth & Principal and interest (F-A) Co., R. H. Moulton & Co., both of payable at the County Treasury. San Francisco, and the William Los Angeles County Water Works R. Staats Co., of Los Angeles, at a District No. 23 (P. O. price of 100.02, a net interest cost Los Angeles), Calif. of about 1.95%, as follows: Bond Offering—Harold J. Ostly, $120,000 2s. Due on Feb. 15 from 1, Winnebago County Housing Howard, of Hartford. 2525—were awarded to a syn¬ dicate composed of Courts & Co., J. H. Hilsman & Co., and Wyatt, Richmond Housing Authority, California was Legality approved by of Chicago. Note Sale—The issue of p. temporary Dec. & Cutler, gality approved by Day, Berry & 1 from 136,000 3V4S. Due on Jan. 1 from 1970 to 1986 inclusive. > on of $400,municipal power plant bonds was purchased by Benjamin & Lang, of Chicago, as 3%s. Dated $220,000 on Due 1969 inclusive. In¬ Wood William Fromm, Town Treasurer, will Albany, Due such Sale—The issue Middlebury, Conn. Bond \ 3s. Bond Trust Jan. Calif. $260,000 water America Chapman was CONNECTICUT Hartford, until 2 & Trust 1952 to terest J-D. Bessemer ceive 1 system-1951 bonds offered on Jan. 19—v. 172, p. 2525—were awarded to from or satisfactory to 1, 1950. Legality approved by Charles & Trauernicht, of St. a Orange County Water Works Dist. Bond is as bidder and District. $130,000 series notes 10th purchased was San at March Santa Ana), date Louis. Jan. 16 for the purchase of $545,- 1, Dated Feb. 15 from County Housing Authority, Calif. temporary the to from 1962 to 1971 inclusive. No. 8 (P. O. of the date of issuance earlier Note Sale—The issue of 9—v. on for the 000 Barbara O. * Co., of Associates, Cue to 18 Rantoul, III. Feb. 15 from on Jan. on of $1,600,000 building improvement bonds. Dated inclusive. Due to (CST) m. purchase Nov. from 1952 to 1961 inclusive. 110,000 from Elementary School District bonds. Feb. IV2S. 15 from 1973 100.005, a net interest 1.68%, as follows: of Feb. on 1961 to 36,000 2V4S. Feb. 15 from on 1956 to 15,000 2s. of about $105,000 1961 inclusive. follows: on Jan. District 1 $11,000 4V4S. Santa Trust and School 1950. Due the jointly, at 1.10%?. Heights 1.60% 1 1, Feb. 1 from 1953 District bonds. Due School will receive sealed bids until 8:30 p. as District, awarded Francisco, Calif. Co., of Oakland, at a price of 1G0.10, a net interest cost of about 134s. and Sale—The $215,000 school on Secretary of Board of Education, $71,000 purchased by the Bank were 1962 at (P. County American Bond Offering—Harold J. Ostjy, of San Francisco, and C. N. White $162,000 1, 1952 Principal School Union 145—were p. Angeles County Sch. Dists. (P. to as Sale —The and 1954 to 1969 inclusive. $15,000 La Verne Heights School Bank bonds syndicate from 1 payable (M-S) > $124,000 & school a on Dated March March offered bonds as 2V4S, basis of . Talbot, of San Francisco, at ""Bond $50,000 District & by (PST) a.m. inclusive. Stanislaus price of County Clerk, will receive sealed bids until 9 a.m. (PST) on Jan. 16 for the purchase of $189,000 school bonds, as follows: 000 on Oakdale basis of about 2.39%. School price a were O. Sale—The issue of Due 1968 cost purchased Los Calif. as 1.80%. Nietos Palmdale ? Han ford), High 0 n Co., of San Francisco, $887,- temporary loan note, 12th series, was purchased by the Chase National Bank, and Salo¬ Corcoran i n bonds, price of 102.58, Additional at 000 mon U District about 2.11%. issue of 25,000 Old River School District & Sale—The price a basis of about 1.72%. Downey School were Authority, Calif. Brown, Mcdesto), Calif. l%s, as 100.27, Los Contra Costa County Housing 10:30 000 school bonds. Co., of Bev¬ $114,|000 Downey School District Co., of Little Rock, as CALIFORNIA Co., & L. 16 for the purchase of $161,- Jan. follows: as 101.32, Note Barth J. inclusive. Grove Lemon County Sch. Dist. No. 58, (P. O. Downers Grove), III. Offering—W. D. Herrick, Bond Feb. 15 from on County Treasurer's office. bonds, { J. — interest about par. a Williams, all of San Francisco, Wagenseller & Durst, Fred D. Blake & Co., both of Los Angeles, was 3s, at to Bank 1971 Additional Du Page ings Association, of San Fran¬ cisco, at a price of 100.02, a basis of about 2.35%, as follows: O. & bonds Investment the Due 1962 to Feb. 15 from on inclusive. of America National Trust & Sav¬ District Schwabacher & Co., Lawson, Levy purchased by the W. R. Stephens building of School County Offering until bids to Asociation, $95,- school awarded composed of 000 Union Due 1961 to 190,000 2s. bonds County Clerk, will receive sealed ings at Sale —The issue 9—v. 1951. McGehee School District, Ark. Bond Jan. on of America National Trust & Sav¬ 1.10%. at Bond Sale—The $379,000 build¬ Bond erly Hills, Conway Housing Authority, Ark. Note Sale—The issue of $159,000 temporary loan notes, 11th series was purchased by the Bes¬ semer Trust Co., of Jersey City, the at (P. Fresno), Calif. County Sch. Dists. and Daniel Reeves & ARKANSAS payable (J-J) Mendota Angeles syndicate Authority, Housing July Dated County Treasury. (P. O. Los Angeles), Calif. 1958 July 1 from 1954 Principal and on Fresno Los 80,000 l%s. $10,000 inclusive. interest Angeles. ing July 1 from bonds. Jan. on of proved by O'Melveny & Myers, of 1 from 1971 inclusive. 1959 to purchase Due 1963 Phoenix, $70,000 2V2S. Due (PST) m. a. system 1, 1950. to 9 the 19th by the Bank, and Salo¬ Hutzler, both of Co., Anthony Coffin & Burr, Tucker, & Co., Roosevelt & Cross, Geo, B. Gibbons & Co., Inc., & Wells, Inc.^ Mackey, Dunn & Co., Stein Bros. & Boyce, of Baltimore, Tripp & Co., Wood, Gundy & Co., Inc., R. D. White & Andrews Co., New E. F. York Hutton & Co., all of City, First Securities Volume 173 Number 4977 . . The Commercial and Financial Chronicle . (245) Company of Chicago, Ames, Emerich & Co., of Chicago, Lee W. Carroll & Co., of Newark, Goodbody & Co., of New York City, T. terest F-A. Legality approved by Foley, Jr., Qf New Dudley „C. Boston Housing Authority, Mass. Note Sale—The $6,304,000 tem¬ porary loan, first series notes offered on Jan. 9—v. 173, p. 146— Orleans. Jefferson Parish Community H. Jones & Co., of Cleveland, R. Center and Playground Dist. H. Johnson & Co., Herbert J. Sims ;VL- No. 5 (P.O. Box 10007, ' & Co., both of New York City,.J. New Orleans 21), La. W. Sparks & Co., of Des Moines," Bond Offering — Mrs. John McDonald-Moore & Co., of De¬ Ernest and M. Orleans, at interest Loeb Co., of New price of 100.06, a net a cost about of 1.72%, as follows: Feb. on 1 Feb. and Aug. on in 1955 to 1956. 155,000 2V4S. Due Feb. on and until 14 10 a. the for $600,000 purchase public of inprovement Dated March 1, 1951. Due March 1 from 1952 to 1971 in¬ clusive. Interest Brockton Note M-S. Legality approved by Chapman & Cutler, of Chicago. Olla 3,915,000 13/4S. Due on Feb. and Aug. 1 from 1969 to 1987 ini elusive. Offering William — 0. Rist, Secretary of Board of Trus¬ tees, will receive sealed bids un¬ til 7:30 p.m. (CST) on Jan. 18 for the school1951 bonds. Dated Jan. 15, 1951; Due on July 15 from 1952 to 1955 inclusive. ' Interest J-J. Legality purchase $25,000 of approved by Ross, McCord, Ice & Miller, of Indianapolis. Sale—The Bond to Sale — & offered of Mayor and Board of Alderat any bank specified by the purchaser. Legality approved by Chapman & Cutler, of Chi¬ C. Bond 2V2s, system at price a of (P. O. ceive until Due on Jan. 1, 1972. $10,000 2y4s. 50,000 21/2s. Due on Jan.-1 from V 1973 to 1977 inclusive. Due Bernard No. 1 school issue bonds was Offering Bond La. School District No. St. The Broussard, Secretary able bonds. 1951. Due bids until sealed 11 and a. at the Louisville Trust Co., Louis¬ Parish Crowley), Bond 3 bonds offered Field (P.O. La. Sale—The $175,000 school Jan. 4—v. 172, p. on awarded 2269—were nau Oil Egan School District No. & Kees, of New to Ducour- Orleans, at a cost of about 2.32%. net interest Calcasieu Parish Sch. Dist. No. 22 (P. O. Lake Charles), La. Offering—H. A. Norton, Bond Secretary of Parish School Board, will receive sealed bids until 10 (CST) on Feb. 14 for the purchase of $315,000 school bonds. Dated Feb. 15, 1951. Due on Feb. 15 from 1952 to 1971 inclusive. a. m. Legality F-A. Interest Feliciana Parish, No. 2 School District Clinton), Bond Offering — Jachson (P. O. La. P. H. Dupuy, Secretary of Parish School Board, will receive sealed bids until 2 p. m. chase Feb. 9 for the pur¬ $100,000 school bonds. (CST) of on Dated Feb. 1, from 1953 to 1951. 1971 Due on Feb. 1 inclusive. Chairman, the at 1, of porary 9—v. loan notes offered 173, 'p. 146'—were Merchants the to Me. Housing Board, 18 Tremont on tem¬ Jan. on awarded National Bank, discount of 1.06%. of Boston, at a MARYLAND In¬ Arundel County (P. O. Annapolis), Md. Bond Offering—Edna E. Perrie, President of Board of Education, will receive sealed bids until 11 a. m. (EST) on Jan. 30 for the purchase of $1,750,000 school con- struction-1951 1, 1951. Due 1975 to proved bonds. on Dated Feb. Feb. 1 from 1953 inclusive. Legality ap¬ by Niles, Barton, Yost & Dankmeyer, of Baltimore, i : Baltimore Note a g g Housing Authority, Md. Sale—The issue of $692,- State will Chairman, , sealed The $350,000 — the Second both ler, of New York City, jointly, at 1.09%. bids ; v Sale—The offered on the at of Bond Sale Note porary loan, second series notes offered on Jan. 9—v. 173, p. 146— were awarded to a syndicate Twps. (P. O. '•* 8 p. the for Due (EST) m. purchase school bonds. Jan. on of $140,000 Dated Feb. 1, 1951. April 1 from 1953 to 1955 on inclusive. The bonds maturing in callable. are Interest A-O. Lenawee County (P. O. Adrian), Mich. Offering — R. B. King, County Clerk, will receive sealed Bond able. Principal (A-O) State 173, p. and payable interest the at Adrian Savings Bank, Adrian. gality approved Paddock by & Stone, troit. Le¬ Miller, Canof De¬ \ Plymouth ^Township Sch. Dist. (P. O. Plymouth), Mich. 146 to > Bond Offering—Marian B. Mor¬ Secretary of Board row, Edu¬ of cation,' will receive sealed bids until 8 p. m. (EST) on Jan. 17 for the purchase of $245,000 bonds. Offering—Harry I. Gran¬ bids in the of care Second Dated , Jan. 1, 1951. Due April 1 from 1952 to 1966 in¬ on clusive. 1963 The to bonds 1966 cipal and interest at Bank, of Boston, 111 Street, Boston, until 11 (EST) on Jan. 16 for the pur¬ a.m. chase of $449,000 school bonds. Dated Feb. 1, 1951. Due on Feb. 1 Boston, r ; Fractional Sch. - No. ed Bond Sale—The $190,000 school on Dec. 7—v. 172, p. 2173—were awarded to Barcus, & Co., of Chicago, at a price of 100.01, a net interest cost of about 2.05%, as follows: 1951 to 81,000 2s. and 1955 Due Due 1, disposal sewage able. to 1981 Due With- H. City Controller, will maturing in 1981 The call¬ are Interest J-J. Legality ap¬ by Chapman & Cutler, of Chicago. Bond Mich. Offering—Carl Controller, sealed bids until 7:30 until 10 Jan. 22 for J. will the $80,000 re¬ sewer Faist, receive (EST) purchase of p.m. improvement bonds. ' Due on 1961 inclusive. Jan. 1 a.m. Jan. 23 for the purchase $445,000 special assessment 1951 to 1955 inclusive. July 15, 1950. Principal and interest (J-J) payable at the current official from 1952 80,000 improvement bonds. on Jan. 1 from 1952 to Due to 1961 inclusive. The 1951. bonds to 1961 interest ond dated Jan. 1, maturing in 1959 are The bonds callable. Principal and (J-J) payable at the Sec¬ are National Bank & Trust Co., approved by Berry, Stevens, Barbier, Evely & MacFarlane, of Detroit. Saginaw. dated are Jan. 1 proved on bonds bonds. on inclusive. $160,000 special assessment, series 1951-A bonds, as follows: Mich. bids Faist, m. :,(EST) on purchase of $7,- the Saginaw, June on Offering—John sealed The for 1952 bonds on Detroit, J, a. Dated Jan. 1, 1951. from June 1 in 1956 1960. ceive 24 700,000 10 City,, l%s. Bond Mich. June 1 from on 1957. 22,000 until inclusive. on Saginaw, Offering—Carl bids Jan. bonds offered $87,000 2V2s.* Due Bond City Controller, will receive seal¬ 9 (P. O. G-1223 South Belsay Road, Flint 7), Mich. Kindred $100,000 tax premium of $55.83. a ■ Townships Dist. Mich. The — iy2s} > Davison Sale on Jan. 8—v. 173, p. 50—were awarded to Shannon & Co., of Detroit, as plus and St. Joseph, , Note anticipation notes offered MICHIGAN Burton trust company to be or field, Paddock & Stone, of Detroit. cipal and interest payable at the Legality approved by Storey, Thorndike, Palmer & Dodge, of in Prin¬ (A-O) payable designated by the purchaser. Le¬ gality approved by Miller, Can- from 1952 to 1966 inclusive. Prin¬ Second National Bank, of Boston. bank a maturing callable. are Legality White Lake and Waterford Twps. bank of the City, in Detroit, Chi¬ of the Chase National Frac. Sch. Dist. No. 1-2 (P. O. J, Devine & Co., and cago or New York City, Legality Route 7, Pontiac), Mich. by Miller, Canfield, Salomon Bros. & Hutzler, all of approved Paddock & Stone, of Detroit. Bond Sale—The $170,000 school New York City, at 1.06%, plus a bonds offered on Jan. 10—v. 173, premium of $4. " ; composed C. Bank, Ecorse, Middlesex (P. O. ' East Cambridge), Mass. Note Sale—The issue of $275,000 temporary loan notes was County the Middlesex County National Bank, of Everett, by discount of 0.74%. a Note Bond Jan. $400,000 Dated 1 16 for the elementary 1, 1951. 1952 to purchase school of con¬ Due on Feb. 1961 inclusive. Principal and interest (F-A) pay-r at the First National Bank, able 'O ■■ Patrick B. $210,000 tax anticipation notes. Dated Jan. 15, 1951. Due on Nov. 1, 1951. ' Principal and interest at the Security Bank, Ironwood, Note City bids until 4 will p. m. anticipation notes. Due on Michigan Corporation, of De¬ troit, at a price of par, a net inter¬ est cost of about 1.92%, $41,000 2*/2s. Due on as follows: May 1 from 1951 to 1955 inclusive. 103,000 2s. Due 1956 to 1965 on May ■: 1 from inclusive. 13,000 13/4s. Due on on May 1, 1966. May 1, 1967. MINNESOTA Adriansen, receive (CST) 22 for the purchase of 1951. 146—were awarded to the First of Mich. Offering—Leo Clerk, p. 13,000 lV2s. Due Offering—Clyde L. Whit- Feb. from — Lincoln Park. struction loan-1950 series A bonds. on Mich. Offering Trondle, City Clerk, will receive sealed bids until 7:30 p. m. (EST) on Jan. 16 for the purchase of payable Milton, Mass. loan, third series notes. Dated well, Marshall, Trimble & Mitch¬ ell, of New York City. 15 National The $100,000 tem¬ — bids until $415,000 bonds 11—v. 1951. Due on Jan. 31, 1952. Prin¬ of cipal and interest payable at the bonds, as follows: Second National Bank, of Boston. $20,000 lateral sewer, series 50-1 Legality approved by Caldwell, bonds, due on July 15 from 1952 to 1955 inclusive. Marshall, Trimble & Mitchell, of New York City. 425,000 street and alley paving bonds, due on July 15 from Med ford Housing Authority, Mass. tier, Town Treasurer, will receive sealed bids until 11 a. m. (EST) 1951. i the 25, 6 Bond Offering — L o r e n M. Phelps, Secretary of Board of Education, will receive sealed field, ; Town Treasurer, will receive ger, sealed (EST) Dated Jan. No. building receive office State Housing Board, 18 Tremont Street, Boston, until 11 a. m. (EST) on Jan. 17 for the purchase of $1,050,000 tempor¬ 25, 1951. Due on Oct. 31, Legality approved by Cald¬ of Weymouth, Mass. third series notes. Chairman, will receive sealed bids Jan. Bank, Whiting, Weeks & Stubbs; Kidder, Peabody & Co.; and Coffin & Burr, all of Boston, jointly, as 1.40s, at a price of 100.76, a basis of about 1.31%. Housing Board, 18 Tremont Attleboro Housing Authority, Mass. Note Offering—John E. Turner, ary Jan. awarded were — erspoon, at at the office of the National Westwood, Mass. Bond Street, Boston, until 11 a. m. (EST) on Jan. 17 for the purchase of $1,935,000 temporary loan, purchased MASSACHUSETTS the Legality .approved by Sullivan, Donovon, Heenehan & Hanrahan, of New York City. 000 temporary loan notes was purchased by the Chase National Bank, and Salomon Bros & Hutz- of Boston. the ovan, by B Sale office Portage Dist. Kalamazoo), Mich. Housing Board, 18 Tremont Street, Boston, until 11 a. m. j bids until 10 a. m. (EST) on Jan. (EST) on Jan. 17 for the purchase 24 for the purchase of $400,000 of $1,660,000 temporary loan, County Jail bonds. Dated Jan. 1, fourth series notes. Dated Jan. 1951. Due on April 1 from 1952 25, 1951. Due on Oct. 31, 1951. to 1957 inclusive. The bonds ma¬ Principal and interest payable at turing in 1956 and 1957 are call¬ receive will office Boston, until 11 a. m. Jan. 17 for the purchase of-$3,000,000 temporary loan, fourth -series notes. Dated Jan. 25, 1951. Due on Oct. 31, 1951. Le¬ M-S. Interest approved Augusta, Note approved by Wood, King & Dawson, of New York- City. Vi •; •_> East National MAINE Anne LOUISIANA Acadia Merchants bids Street, (EST) 1953 & Cutler, of man 18, Holyoke Housing Authority, Mass. N o t e Offering — Edward P. inclusive. Legality approved by Chap¬ Chicago. ville. from Jan. gality approved by Sullivan, Don¬ Heenehan & Hanrahan, of New York City. 1981 to m. payable (J-J) interest State Parish March 1 the Splane, sealed H. (CST) on Jan. 23 for the purchase of $40,000 County Hospital bonds. Dated Jan. 1, 1951. Due on Jan. 1 from 1952 to 1971 inclusive. Prin¬ cipal (P, O. Dated March on Due On Everett Housing Authority, Mass. Note Offering — Herbert C. Board, will receive sealed 10 a. m. (CST) on Feb. for the purchase of $90,000 school Hospital Principal and interest pay¬ at F. receive State Salem, or at the National Shawmut Bank, of Boston. bids until 13 dated are the and Sch. Franklin notes. V Farm loan Jan. 18, 1952. on at Charles will Bank, Con. of' m. Industrial Due bids re¬ 18, 1952. notes 1952. School Skaggs, County Court Clerk, will receive Jan. notes. $275,purchased Francisville), La. Offering — Jerome A. Bond 1 1 anticipation Nov. of Parish a. 1— Offering Chairman, sealed Frac. Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. F. Dudley C. Foley, Jr., of New Orleans. Carrie — Feliciana 11 8, 1951. Tuberculosis 100,000 net interest cost of about 2.23%. West until maintence loan notes. . District (P. O. Chalmette), Sale—The Bond 000 School Parish bids tax on 300,000 ■*.. St. sealed $1,500,000 follows: as 5,400 certificates of indebtedness. Legality O. Grayson County (P. Leitchfield), Ky. Thomas (EST) on Jan. 16 for the purchase $1,900,000 notes, as follows: noon certificates, Jan. 9 173, p. 50—were awarded to — of a Russell, Long -& Burkholder, of Lexington, at a price of 102.06, a net interest cost of about 2.37%, as follows: * • ^ Offering O. Duffy, County Treasurer, will S. Princeton), Ky. Bond Sale—The $60,000 County on ; . County (P. Salem), Mass. Note ; Hospital bonds offered & (P. O. by Ducournau & Kees, of New Or¬ Caldwell County a Essex >! Aiken, Secretary of Parish School Board, will receive sealed E. Note Shaw, Kalamazoo 1955 Massachusetts 173, p. 146— syndicate com¬ ^ Co., and Salomon Hutzler, all of New York City, .at 1.07%,. plus a prem¬ leans, and Stubbs, Smith & Lombardo, of Birmingham, jointly, at KENTUCKY notes Jan. 9—v* ium of $11. 58 series J. Devine & Brothers Alexandria), La. and Certificate Offering— " second awarded to p. count of 0.76%. posed of the Chase National Bank, ton Rouge. The issue of $51,- 100.04. —v. on were and Fred G. Benton, of Ba¬ cago, loan, $28,000 improvement bonds. Iowa works as Treasurer The $642,000 tem¬ — porary men.or and bonds was purchased by the Iowa-Des Moines 1.'National Bank, of Des Moines, (M-S) payable the of Massachusetts Note Sale (CST) on Feb. 7 for the purchase of $33,400 bonds Baxter, water office Cambridge Housing Authority, bids Wells Mullaney, IOWA Bond the Devine & 1 the sew¬ Co., of Chicago. 000 cipal and interest at March on inclusive. Prin¬ District No. $135,000 Jan. awarded Due on Co., and Salomon Hutzler, all of New York City, at 1.07%, plus a premium of $12. Rapides Parish Sixth Ward School works revenue bonds offered 4—v. 172, p. 2429—were age on 1951. from 1952 to 1961 173, 146— were awarded to the Na¬ tional Bank of Wareham, at a dis¬ -r— Bros. & receive a. m. (CST) on Feb. purchase of $25,000 pub¬ .improvement bonds. Dated Ind. Lapel, ^ C. J. Lois Maxwell, sealed — will Maintenance Jan. 9—v. on Watertown Housing Authority, Jan. 9—v. 173, p. 146— awarded to a syndicate com¬ were 6 for the March;!, Ind. Town, Clerk, . premium of a posed of the Chase National Bank, La. 1, premim of loan, offered bids until 11 lic School Griffith Bond Bond Offering Town clusive. • Sewerage Dist. No. a Housing Authority, Mass. The $749,000 tem¬ first series notes Sale porary Aug. 1 in 1957 and 1958. 1,290,000 iv2s. Due on Feb. and Aug. 1 from 1959 to 1968 in¬ notes offered $3,889,000 at 1.08%, $62. ' 2,415,000 at 1.09%, $39. • (CST) m. bonds. on $140,000 4s. Due City, follows: O. Note Sale—The $100,000 Tuber1 o s i s Hospital c u as (P. Plymouth), Mass. Bros. & Hutzler, all of New York Secretary of Board of Commissioners, - will - receive bids Plymouth County awarded to a syndicate com¬ posed of the Chase National Bank, C. J. Devine & Co., and Salomon Spansel, sealed Boston. Legality approved by Ropes, Gray, Best, Coolidge & Rugg, of Boston. were „ troit, Sthaffer & Co., of Philadel¬ phia, F. R. Cole & Co., of Newark, of 49 sealed on Jan. Brown County Indep. Sch. Dist. No. 24 (P. O. Sleepy Eye), Minnesota $61,800 tax Dated Jan. 22, Sept. 1, 1951. Prin¬ cipal and interest payable at the City Treasurer's office. Bond Sale—The $250,000 build- ing bonds offered on Jan. 4—v. 173, p. 50—were awarded to Har¬ old E. Wood & Co., of St. Paul, * Commercial and Financial Chronicle The Woodard-Elwood Co., of Minneapolis, jointly, at a price of 100.10, a net interest cost of about 1.90%, as follows: ries $125,000 l%s. Due on Jan. 1953 to 1967 inclusive. Comfrey, Sale—The Bond inclusive. 150,000 public market, 3rd issue, Minn. issue of 1956 inclusive. offered debtedness 173, v. of 9— to Halsey, 173, p. 146—were awarded First National Bank, of Paul. ' • v. the MONTANA to St. Thompson Falls), Mont. Offering — Dorothy Dodof County Commissioners, will receive sealed bids until 2 p.m. (MST) on Jan. 15 for the purchase of $110,000 bridge bonds. Dated March 1, 1951. Amortization bonds will be first choice and serial bonds will be second choice of the .Board of County Commissioners. Principal and interest (M-S) to be payable Bond Minneapolis, Minn. Certificate Sale —The $2,200,000 tax anticipation certificates of indebtedness offered on Jan. 9— . v. a 172, p. 2270—were awarded to syndicate composed of the First National Bank, Northwestern Na¬ tional Bank, both of Minneapolis, Bank, of St. Paul, and the Midland National Bank, of Minneapolis, as iy4S. n 'Dated Jan: 15, 1951. Due on First National June instalments semi-annual in ing date dur¬ period of 20 years from the a of issue. Delivery will be Minneapolis, Chicago or : y . ','' Parsippany-Troy Hills Township Sch. Dist. (P. O. Parsippany), . ' ... Kearney School District, Neb. Sale—The $250,000 build¬ Bond offered bonds St. Paul Housing Authority, Minn. Note Sale—The issue of $5,835,- ing loan notes was pur¬ Chase National Bank, and Salomon Bros. & Hutzler, both of New York City, joint¬ ly, as follows: the first ,$3,357,000 Jan. 8 — of Board of HAMPSHIRE Education, bids until 3:15 (EST) on Jan. 23 for the pur¬ of $125,000 school bonds. Dated Feb. 1, 1951. Due on Feb. 1 from 1952 to 1965 inclusive. Prin¬ p.m. Hillsborough County (P. O. Manchester), N. H. Note Sale—The issue of $300,anticipation tax 000 1.10%. notes iwas purchased by the First National Bank, of Boston, at 0.90%. Dated Jan. 9, 1951. Due on Dec. 12,1951. Worthington, Minn. Bond Sale—The $150,000 hospi¬ approved by Ropes, tal bonds offered on Jan. 10—v. Legality 173, p. 146—were awarded to the Gray, Best, Coolidge & Rugg, of : lin Oystermen's Bank & Trust Co., Sayville. Legality approved by Caldwell, Marshall, Trimble & Mitchell, of New York City.. Minneapo¬ Portsmouth, N. H. as at New York City Housing Authority, Note Sale—The issue of City, Mo. Bond Offering—Rollin F. Agard, will receive (CST) on Jan. 24 for the purchase of $6,819,000 bonds, as follows: of Finance, sealed bids until 2 p.m. $750,000 public hospital, 6th issue, series C bonds. Due on Feb. < from 1 1952 to 1971 inclusive. 265,000 park and recreation, sevv ries C bonds. Due on Feb. 1 • .... : , Union, Union Free Sch. Dist. bonds house-1950 York City Housing New York New was Authority, Demar- Jan. Dated on 1 from 1952 to 175,000 fire protection, 7th issue, series C bonds. Due on Feb. 1 1952 to 1971 inclusive. 1952 to 1971 inclusive. Municipal Airport, 5th issue, series C bonds. Due on 1,000,000 | V. Feb. 1 from 1952 to on Thorndike, of Boston. & Dodge, Palmer NEW JERSEY Alexandria (P. O. ■ Bond Township Sch. Dist. R. F. D., Pittstown), Jersey Offering Postponed—Sale 1971 in¬ school bonds, sched¬ Jan. 18, has been post¬ Bond Sale—The on $606,000 school 11—v. 172, Jan. 2527—were awarded to a syn¬ dicate composed of J. W. Sparks Schmidt, Poole & Co., both Philadelphia. MacBride, Miller & Co., ceive (EST) on Jan. 25 for the purchase $1,260,000 building-1951 bonds. Dated Feb; T, 1951. Due on Feb. I from 1952 to 1981 inclusive. Prin¬ of cipal and interest (F-A) payable at the Endicott Trust Co.,'Endicott, or Bank & Central Hanover of New York the at Trust Co., City. Legality approved by Vande¬ water, Sykes, Heckler & Gallo¬ of New York City. ' way, Utica, Y. N. $2,400,000 Sale—The Note tax $7,000,000 at 1.10%, plus a pre¬ anticipation notes offered on Jan. mium 3,046,000 inclu¬ 1970 E, District Clerk, will re¬ sealed, bids" until -2 p.m. Paynter, City: 10—v. of $60. at mium of 1.11%, plus a pre¬ New $26.11. 173, 147—were awarded & Hutzler, of City, at 1.08%, plus a p. Salomon to York Bros. premium of $79. North Collins, Sch. Dist. No. North Collins, Brant, Evans, Eden and Hoyt & Wash¬ burn, of New York City. by Reed, proved NORTH CAROLINA Concord 1 (P. O. Collins), N. Y. Bond Carthage, N. C. Offering—W. E. Easter- Bond Offering—Charles D. Ogling, Secretary of Local Govern¬ Cheektowaga Union Free Sch. Dist. nibene, District Clerk, will receive ment Commission, will • receive No. 2 (P. O. 777 Maryvale sealed bids until 3 p.m. (EST) on sealed bids at his office in Raleigh Drive, Cheektowaga, Jan. 16 fdr the purchase of $620,- until 11 a.m. (EST) on Jan. 16 for 25), N. Y. Buffalo Bond Offering—John E. Sala- manchuk, President of Board of Education, will receive sealed bids 3 the 1951. Sch. Dist. (P. O. Westmont)? N. J. Haddon Township p. to payable at the First National Bank, of Falconer. Legality ap¬ building poned. offered 1952 York No. 2 (P. O. Endwell), N. Y. Fo n d Offering — William Principal and interest (J-D) for bonds from 1 sive. until for basis of about 1.45%. 1, 1950. Due on Dec. Dated of the $85,000 250,000 Police Station, 3rd issue, series B bonds. Due on Feb. 1 from Storey, by of 100.45, a uled 1971 inclusive. from Due 17, approved Salomon Bros. & Huzler, of New York City, as 1V2S, at a price by June 1951. 12, New Feb. was 1951. Principal and in¬ terest payable at the Second Na¬ tional Bank, of Boston. Legality Dec. clusive. Due notes count of 0.89%. 2,050,000 trafficway and boulevard, series C bonds. Due on Feb. 1 from 1952 to 1971 in¬ 680,000 sewer, 4th series D bonds. of $250,- purchased by the Second Na¬ tional Bank, of Boston, at a dis¬ from 1952 to 1971 inclusive. ; v loan temporary 000 issue Sale—The Note Kansas Director Offering—Teresa Note about Y• $750,000 will temporary loan 12th series notqs be received until 10 a.m. (EST) was purchased by the Chase Na¬ on Jan. 30 for the purchase of tional Bank, and Salomon Bros. & $19,225,000 City Guaranteed PoHutzler, both of New York City, monok Housing Project bonds. jointly, at 1.10%, plus a premium Due on March 1 from 1953 to 2001 of $8. ,; Bond Offerlng-^Sealed bids Note Sale—The $21,546,000 tem¬ purchased by Roosevelt & Cross, ais, City Treasurer, will receive of New York City, as 2.20s, at a porary loan notes offered on Jan. i.57%.' yt sealed bids until 11 a.m. (EST) price of 100.22r a basis of about 10—v. 172, p. 2527—were awarded on Jan. 16 for the purchase of 2.18%. MISSOURI as follows: $600,000 temporary loan notes. To Central Hanover Bank & Charlotte, Gerry, Stockton, ArkBrentwood (P. O. St. Louis), Mo. Dated Jan. 17,1951; Due on Sept. Trust Co., New York City: Bond Sale—The issue of $90,Wright, .Pomfrtti Elbery, Cherry 17, Oct. 17 and Nov. 17, 1951. $3,000,000 at 1.10%; plus a pre¬ 000 library and City Hall bonds Creek, Ellicott and Ellington Principal and interest payable at mium of $30. Central Sch. Dist. No. 1 was purchased by Blewer, Heitthe Merchants National Bank, of 3,000,000 at 1.09%, plus a pre¬ ner & Glynn, of St. Louis, as XV2S (P. O. 500 Woilman Boston, Legality approved by mium of $30. and l%s. Dated Nov. 1, I960. Building, 103 West 3rd Storey, Thorndike, Palmer & 5,000,000 at 1.08%, plus a pre¬ The bonds were authorized at the Street, Jamestown), Dodge, of Boston. mium of $50. election on May 9, 1950. Legality y: New York 500,000 at 1.09%. Bond Sale—The issue of $200,approved b,y Charles & TrauerRockingham County (P. O. 000 school bonds was purchased To Chase National Bank of New nicht, of St. Louis. Exeter), N. H. price of 100.20, a basis of basis of a Tuckahoe Housing Authority, N. York New $26,- of 100.56, of price a about 1.43%. Dist. inclusive. Fire issue Sale—The fire 000 Square, Yaphank), N. Y. O. (P. Bond lis, and the First National Bank, of St. Paul, jointly, as 1.60s, at a Yaphank Brookhaven, of Bank, National 1.40s, at a 100.10, a basis of about 1.36%. at the Boston. to the Frank¬ 147—were awarded (F-A) payable cipal and interest Bank & 173, p. Mercantile-Commerce Trust Co., of St. Louis," Coffin & Franklin Burr, and Wood, Struthers & Co., pricey of both of New York City, as IV2S, bonds offered on Jan. 9—v. chase . First National Bank, of Holbrook), N. Y. Offering—Herman Beebe, Bond President l%s, at a price of 102.04. NEW second series notes at 2,478,000 on 146—were awarded to of Kansas City, p. fl73, p. 51—were awarded to a syndicate composed of Blytlr & v. land ac¬ Co., Stone & Webster Securities improvement-1951 Corp.,, both of- New > York City, and quisition (P.O. r_ Bond Sale—The $15,000 Free Union and Islip School DistrictNo. 25 will receive sealed 1.09%. N 173, as at notes, senies Parking District (P. O. : Hempstead), N. Y. Brookhaven Stern Bros & Co., v. 000 temporary by basis of about 1.36%. City, at a national bank acceptable to the purchaser. chased lows: New Jersey price of 100.11, a NEBRASKA York New Board of Clerk 15, 195i. made in about 2.23%. — (P. O. Sanders County son, \ l%s, at a 1.36%. $63,000 water works bonds offered on Jan. 9— v as basis of about 100.05, a Sale—The Bond Inc., Co. & of price Meadow, Minn. Great 10—v. 173, awarded 50—were Stuart 2!/2S, at par. as 2V4S, at a as 100.21, a basis of Cove, Offering — offered on Jan. bonds p. Mo. Charles, St. Sale—The $180,000 sewer Bond the Detroit State Lakes, Trust Com¬ Kansas City. Legality ap¬ proved by Stinson, Mag, Thomson, McEvers & Fizzell, of Kansas City. pany, in¬ Jan. on 1, Feb. dated are able at the Commerce 146—were awarded to Bank, of Detroit p. bonds Principal and interest pay¬ 1951. $22,600 certificates improvement York City, New Glen Bond Syracuse), N. Y. ; - is Bond Offering — J. Harry Ma$64,500 school-1951 bonds. Due on nagh, County Auditor, will receive Feb. 1 from 1952 to 1960 in¬ Bond Sale—The $225,000 school sealed bids until 2 p.m. (EST) on clusive. yyy bonds offered on Jan. 10—v. 172, Jan. 17 for the purchase of $175,126,500 sewer and equipmentp. 2527—were awarded to J. B. 000 Ley Creek Trunk Sewer ExHanauer & 1951 bonds. Due on Feb. 1 Co., of Newark, as tension-1951 bonds. Dated Jan. 1, from 1952 to 1961 inclusive. 1.40s, at a price of 100.01, a basis 1951. Due on July 1 from 1952 to of about 1.39%. The bonds are dated Feb. 1, 1963 inclusive. Principal and in¬ 1951. Principal and interest (F-A) terest (J-J) payable at the First Wanaque, N. J. Bond Sale The $99,000 bonds payable at the Glen Cove Trust Trust & Deposit Co., Syracuse, or offered on Jan. 10—v. 173, p. 51— Co., Glen Cove. Legality ap¬ at the Chemical Bank & Trust Co., were awarded to J. B. Hanauer proved by Hawkins, Delafield & of New York City. Legality ap¬ & Co., of Newark, as 1.55s, at a Wood, of New York City. proved by Hawkins, Delafield & price of 100.20, a basis of about Wood, of New York City. 1.51%. Hempstead, Central High School Preble, Preble Fire District (P. O. District No. 1 (P. O. Washington Township Sch. Dist. Preble), N. Y. Valley Stream), N. Y. (P. O. Windsor), N. J. Bond Sale The $25,000 build¬ Bond Sale—The $231,000 land Bond Sale —The $35,000 school ing bonds offered on Jan. 10—v. acquisition bonds offered on Jan. bonds offered on Jan. 10—v. 173, 173, p. 147—were awarded to the 10—v. 173, p. 51—were awarded p. 51—were awarded to B. J. Van Homer National Bank, of Homer, to Bacon, Stevenson & Co., of Ingen & Co., of New York City, New York City, as IV2S, at a price Steuben (P. O. R. F. D. No. 1, as 1.85s, at a price of 100.10, a Holland Patent),) N. of 100.05, a basis of about 1.48%. Y. basis of about 1.83%. Bond Sale^—The issue of $16,000 Hempstead, South Hempstead Fire highway ;; equipment-1950 NEW YORK bonds Dist. (P. O. South Hempstead), was purchased a by the Mohawk Baldwin, Big Flats, Catlin, Erin, New York Valley Investing Company,: bf UtiH or seheads, Veteran and Cayuta Bond Sale—The issue of $24,000 ca, as 13/2S, at a price of>100.06, a Central Sch. Dist. No. 1 (P. O. fire apparatus -1951 bonds was basis of about 1.47%*?■■ H or seheads), N. Y. y. y ■.•(. •;1"v" " purchased by the Franklin Na¬ Bond Sale—The $25,000 school Tonawanda Union Free^Sch.' Dist, tional Bank, of Franklin Square, bus-1950 bonds offered on Jan. 4 No. A (P. O. Kenmore), N: .Y, V as 1.60s, at a price of 100.11, a Bond Sale—The $1,560,000 Her¬ —v. 173, p. 51—were awarded to basis of about 1.58%. bert Hoover Elementary Schoolr Geo, B. Gibbons & Co., Inc., -of New York 1951 bonds offered on Jan. 10— City, as 1.40s, • at a HempsteadRoosevelt Public The 100.21, a basis Sale —The payable at the Manufacturers Na¬ N.- Y. tional Bank of Troy. Legality ap¬ — Harvey L. proved by Vandewater, Sykes, Doxey, Commissioner of Finance, Heckler & Galloway, of New York will receive sealed bids until 11 City. a.m. (EST) on Jan. 16 for the pur¬ Onondaga County (P. O. ; chase of $191,000 bonds, as fol¬ 4—v. price of $65,- Lakes, Minn. Detroit Certificate bonds offered improvement Jan. to York 25,000 safety zone, series F bonds. Due on Feb. 1 from 1952 to from purchased by J. M. Dain & Co., and Piper, Jaffray & Hopwood, both of Minneapolis, jointly, as 2.20s, at a price of U about 2.17%. gen¬ 173, p. 51—were awarded to B. J. Van Ingen & Co., on of 1971 inclusive. from 1952 to eral Dated Aug. 1, 1950. Due on Ira Haupt & Co., of New City, as 1.40s, at a price of Aug. 1 from 1951 to 1980 inclu¬ sive. Principal and interest (F-A) 100.18^ a basis of about 1.38%. ed Long Branch, N. J. Sale—The $192,000 600,000 parking facility, series A bonds. Due on Feb. 1 from 1952 to 1971 inclusive. improvement bonds was 000 street Feb. 1 series B bonds. Due on inclusive. 1968 to 1976 1 Due on Feb. bonds. B Bond from 1952 to 197 J 1 from Due on Jan. 1 125,000 2s. improvement, se¬ street 750,000 the and . Monday, January 15, 1951 . . . (246) 50 to 22 purchase of $1,625,000 bonds. Dated Jan. 1, Due 1981 interest (EST) p.m. Jan. on inclusive. (J-J) on 1 from 1952 Principal and payable Manufacturers and Jan. at the 000 school-1950 bonds. and payable at the North Col¬ (J-D) interest 1951 Bank of North Collins, Legality approved by Vande- lins. Sykes, water, way, Heckler of New York City. North Traders Trust Co., of Buffalo. Legality ap¬ proved by Reed, Hoyt & Wash¬ burn, of New York City. Dated Dec. 1, 1950. Due on Dec. 1 from to 1980 inclusive. Principal Greenbush No. 4 Bond on of $105,000 clusive. Dec. Principal 1, and issue of $287,- interest (J-D) payable in New York City. Legality approved by Reed, Hoyt & Washburn, of New York City. Davidson building-1950 bonds was pur¬ water 1950. Due June 1 from 1953 to 1978 in¬ Dated . York Sale—The purchase bonds. Sch. Dist. (P. O. Wynantskill), New 000 Com. & Gallo¬ the County Lexington), Bond Offering ling, ment — (P. O. j . N. C. > W. E. Easter- Secretary of Local Govern¬ Commission, will receive sealed bids at his office in Raleigh, Trust Co., until Jan. 16 for the purchase of of Buffalo, and Blair, Rollins & $1,000,000 school building, series 24,000 Swope Park Improvement & Co., of Newark, and W.-*H. A bonds. Dated Dec. .1, 1950. Due Bond Sale The $220,000 con¬ Co., Inc., jointly, as 1.80s, at a 2nd issue, series C bonds. Due Newbold's Son & Co., of Phila¬ omJune l: from^l952*to 1980. inprice, of 100.27, a basis of about delphia,.-as 1.85s, at a price of struction-! 951, bonds, offered on [r' on Feb. 1. from 1952 to 1956 1.77%.'• cltisWeW:iT^ihd^il-4?;apd & interest & ; inclusive. 100.26, a basis of about 1.82%. .3 Jan. 5—V. 173, p. .51—were award¬ \ clusive. - " ; of Dist. (P. O. Rochester), N. Y. Gates, East Gates Water chased by the Marine — 1* . Volume 173 Number 4977 ... The Commercial and Financial Chronicle (247) (J-D) payable in New York City. Legality approved by Mitchell & Pershing, of New York City. Franklin County (P. O.' Louisburg), N. C. Bond Sale—The $21,000 Gold Mine Township Refunding Road bonds p. offered Jan. on 9—v. 147—were awarded to a 173, syndi¬ cate composed of J. Lee Peeler & Co., of Durham, Vance Securities Corp., ' of Greensboro, and the Branch Banking & Trust Co., of Wilson, at a price of 100.03, a net interest cost of about 2.84%, 173, v. Due May 1 from on ' 1952 10,500 to 1958 3s. 1959 inclusive. Due May 1 inclusive. from on 1963 to Hudson, N. C. Bond Sale—The $100,000 housing fund No. 1 bonds was purchased by Braun, Bosworth & Co., Inc., and Ryan, Sutherland & Co., of Toledo, as 13/4s, at a price of 101.29, a basis Co., of Durham, Corp., of Greensboro, jointly, at a price of par, a net interest cost of about 2.91%, as follows: Securities $15,000 5%s. Due Concord R. R. Local No. Bond V1958 to 1967 inclusive. - 10,000 IV2S. Due June 1 from on Dist. (P. $340,000 im¬ bonds offered Jan.. 9— on p. , follows: Jan. 30 for Bond Sale Sale & Sch. Dist., Norwood, 2J/4s, at of about $5,000 park follows:- v- Due assessment The Jan. 8—v. 173, p. 51—were awarded to the First Na¬ tional Bank, of Girard, as basis of (P. Sch. Kenton), Ohio Bond Offering — Lewis Glock, Clerk of Board of receive (EST) of sealed on Education, will bids until Bank, Jan. 17 for the purchase from 1952 to at 1 the and play¬ bonds. from 1952 to First Norwood. National Legality ap¬ by Peck, Shaffer & Wil¬ liams, of Cincinnati. Orange Village Local §ch. Dist. (P. O. Chagrin Falls), Ohio " 7 Bond Sale—The $350,000 school offered on Jan. 9—v. 172, bonds 2527—were p. Kreimer 1971 inclu¬ awarded to Due June 1 from on from 1952 at & Co., of Cincinnati, as price of 101.02, a basis of about 2.39%. ;v. 173, 147—were awarded to j; Lee Peeler & Co., of Durham, "and the Vance Securities Corp., p. Jackson Local Sch. Dist. (P. O. Union City, Ind.), Ohio Bond Offering—Ralph Bateman, cation, until will noon receive (EST) sealed Jan. on about Sept. 15 from 1952 to 1961 inclu¬ sive. Principal and interest (M-S) 2.47%, as follows: $35,000 toad and bridge bonds, follows: $5,000 5s, due June • 1, 21/4S, due " to • 1967 as on 1961, and $30,000 on June 1 from 1962 inclusive. as ..Bond Sale - sewer v. — building bonds. Dated Feb. 15, 1951. Due on payable at the Farmers State Bank, Union City, Ind. Legality by Squire,. Sanders & Dempsey, of Cleveland. Sold Squire, on Dec. 23— 172, p. 2271—were awarded to for Sale—The No. 65 noon (EST) on Jan. 31 purchase of $13,457 sani¬ sewer, special assessment tary bonds. on Dated Dec. 15 Dec. from 15, 1952 1950. to Due $30,000 build¬ offered on Dec.. 6— 172, p. 2074—were' awarded, to Assel, Kreimer & Co., of Cincin¬ Rossford, 1961 in¬ Bond 2432—were p. $2,150 Village 172, Dec. 22—v. on awarded to the Ryan, Sutherland & Co., of Toledo, Village Treasurer, at par. clusive. Principal and interest as 2V2S, at a price of 100.91, a basis (J-D) payable at the City Treas¬ Shaker Heights, (P.O. of about 2.38%. '• ' urer's office. Legality approved Cleveland 20), Ohio Anderson Township Local Sch. Dist. by Peck, Shaffer & Williams, of Bond Offering — J. W, Main, Cincinnati. (P. O. 7537 Beechmont Ave., Clerk-Treasurer of Board ■ • of Edu¬ * V'V".'' Mt. Washington, Cincinnati), Ohio Bend * ;iV*.:\ as 2y4s, at a price basis of about 2.10%. nati, a Lisbon Exempted Village School District, Ohio ••••- Sale—The $100,000 build- ing bonds offered on Dec; 6— v. 172, p. 2175—were awarded to Assel, Kreimer & Co., of Cincin¬ of 101.63, cation, Bond Offering Clerk of Board of receive sealed 1 John Chillik, Education, will — bids until 8 p.m. $160,000 construction bonds, originally scheduled for Jan. 13, has been cancelled, due to improp¬ er maturities. Barberton City Sch. Dist., Ohio Bond Offering —J. S. McAnlis, Clerk-Treasurer of Board of Edu* cation, will receive sealed bids un¬ (EST) on Feb. 1 for the purchase of $2,000,000 building and improvement bonds. Dated Dec. 1, 1950. Due on June and Dec. [ 1 from 1952 to 1966 inclusive. Due on 1961 bids bonds. inclusive. on Jan. 31 for the purchase $45,000 building bonds. Dated Dec. 1, 1950. Due on Nov. 1 from 1952 to 1971 inclusive. Principal 25,000 $170,000 build¬ ing and equipment bonds offered on Jan. 2—v. awarded to 172, 2527—were p. on 1 from 1952 & Co., of Cleveland, 100.61, a as 2s, at a price of basis of about 1.91%. Mifflin-Kirby Local 1 City ing bonds 173, p. First construction bonds 1952 to Sch. $392,000 build¬ offered on Jan. 8—v. 147—were awarded to the Corp., of Cleve¬ pay¬ Sale—The $250,000 Motor Vehicle and Equipment Fund No. on Jan. 8—v. 173, cost of about 10— provement First were — National follows: as Due on Feb. 1 from 1954 to 1973 inclusive. Due Feb. 1 from on 1974 to 1976 inclusive. ^ Beach, Ore. Bond Sale—The disposal Jan. 4 plant v. — $40,000 bonds 172, sewage offered 2528 p. on were — awarded to the 'Curry County Bank, of Gold Beach, at a net in¬ terest cost of about 2.67%. 1 , Bonds Not $118,000 1.38%. Oklahoma County Indep. Sch. Dist. No. bids until .Feb. 6 for the purchase $118,000 4% stqrm sewer, series C bonds. Interest J-J. V r of net interest a (P. O. Oklahoma City), storm the Trust Co., of Oklahoma City, at interest cost of net about a 1.58%. Due from 1954 to 1965 inclusive. The bonds were authorized at the election Sale—The son, City 000 bonds, Due to • treatment sewage 1952 Feb. on 1967 callable are plant 1 from Th& inclusive. on after or Feb. 1, 1961. 267,000 water supply bonds. Feb. on of Bank, and Salo¬ mon Bros. & Hutzler, both of New York City, jointly, at 1.10%. School District ■ (PST) follows: as bonds. 1 from inclusive. The ing 1952 after on The or bonds Due to bonds 1964 matur¬ Feb. 1, 1959 callable. are National Clackamas County Doris Gilbert- $417,- $150,000 bonds issue — Recorder, will receive sealed bids until 2 p. m. (PST) on Jan. 23 for the purchase of $480,000 temporary loan notes (11th Series) was purchased by the Chase for the series C Jan. 2—v. 172, p. sewer, on Bond Offering County Housing Authority, Ore. Note Bids 2528—were rejected. Dec. 19, 1950. on — Oregon City, Ore. Sale—The issue of $180,was purchased First National Bank & building bonds by Sold bonds offered Oklahoma Bond 000 < , dated are Feb. 1, Principal and interest (F-A) payable at the City Treas¬ 1951. urer's office. Legality approved by Winfree, McCulloch, Shuler & Sayre, of Portland. Rockaway, Ore. Offering—Theodore DurCity Recorder, will receive Bond on Jan. 22 for the purchase of $215,000 school bonds. Dated Feb. rain, 1951. Jan. 15 for the purchase of $160,000 sewage disposal system bonds. Dated Jan. 1, 1951. Due on Jan. 1 1, Due Feb. on 1965 inclusive. 1 from 1954 to The bonds matur¬ ing after Feb. 1, 1960 are callable. Principal and interest (F-A) pay¬ able the at fiscal of the at the agency State in New York City, or County Treasurer's office. Le¬ gality approved by Winfree, McCulloch, Shuler & Sayre, of Portland. sealed bids until 5 p.m. Clackamas County Union Box 503, bonds Oswego), Ore. composed of the a syndi¬ First Washington 79 Na¬ school 1951. 3, Co., Atkinson- Co., Chas. N. Tripp Co., Dated March 15, on thereafter and Dist. March 15 from 1956 1960 inclusive. The bonds ma¬ turing Bank, of Portland; Harris Savings Bank, of Chicago; & Co., of San Francisco; Foster & Marshall, of Seattle; Northwest Sch. Route Beaverton), Ore. " Hoeffel, bonds. Due Weeden & O. receive sealed bids until 8 p. m. (PST) on Jan. 19 for the purchase of $5,500 to Pacific County (P. Box 918, tional Jones Prin¬ cipal and interest (J-J) payable City Treasurer's office. Le¬ gality approved by John W, Shu¬ ler, of Portland. Bond Offering—Bess B. District Clerk, will Sale—The $715,000 school offered on Jan. 9—v. 172, 2527—were awarded to on at the High School District No. 7 (P. O. Bond (PST) from 1952 to 1967 inclusive. No. March on are - 15, 1958 and callable. Principal (M-S) payable at the Treasurer's office, or at and interest County the fiscal agency of the State in York City. Legality ap¬ New follows: 1.93%. Hess land, 'McFaul, all of Port¬ at a price of 100.17, a net interest $85,000 Tuscarawas, Bond Sale—The mortgage on revenue Ohio bonds sewer offered Dec. 28—v. 172, p. 2527—were Magnus & Co., of Cin¬ 3V2S, at a price of 90.01. awarded to cinnati, Union as Local Sch. Dist. cost 6s. 1952 $100,000 90,000 1955 O. of about 1.73%, Due on 1954 as inclusive. to lV4s. Due and Jan. 1 on Jan. 1 in to Due 1971 Note 000 on Jan. 1 from on Jan. 1 from inclusive. by : John W. Shuler, of \ PENNSYLVANIA Erie 1958 to 1963 inclusive. 333,000 l3/4s. proved Portland. from 1957. 207,000 His. Due 1964 (P. & Waverly), Ohio Coos Bay, Ore. Bond Sale—The $58,000 building Bond Offering — H. Oscar Guspecial assessment bonds offered on Dec. 12—v. 172, lovsen, City bonds offered on Dec. 29—v. Recorder, will receive 172, p. 2271 —r were awarded to a syn¬ sealed bids until Jan. 30 for the p. 2527—were awarded to Ryan, dicate composed of the Provident purchase of $150,000 water bonds. — Bond offered, improvement Jan. on Davis, of Tulsa, at land, and Raffensperger, Hughes & Co., of Indianapolis, jointly, as 2s, at a price of 100.74, a basis of Dist. Bond Offering Postponed—Sale 1.63%, $390,000 IV2S. Trust & Village Ohio , bonds and offered 147—were awarded to Evan L. p. p. District, Cleveland 2271 p. the Medford, Ore.; '•••.'• Kingfisher County. Indep. Sch. Dist. Bond Offering—J. R. No, 7 (P. O. Kingfisher), Okla. / Woodford, City Recorder, will receive sealed Bond Sale—The $70,000 school to bonds. from Exempted School Bond Sale—The (P. O. R. F. D. No. S, Upper Sandusky), Ohio about Vinita), Okla. Canfield, of Oklahoma City, at a net interest cost of about 1.44%. about McDonald able at the office of the District's 7 (P. O. ■awarded to Calvert & 7 furniture Oct. to Gold Bond Sale—The $170,000 build¬ and furniture bonds offered on Jan. 3—v. 173, p. 51—were cate Tipp Bond Sale—The school Due Village Local Dist., Ohio Sch. Oct 1956 inclusive. McDonald of $30,000 3% building bonds, originally scheduled for Jan. 10 legal depository, in Barberton. Le- was postponed, due to an error in gality approved by Squire, Sand- the notice of sale. •V ers & Dempsey, of Cleveland. Mogadore, Ohio Bond Sale -Columbus, Ohio The $10,000 im- Principal and interest (J-D) .. building (EST) til 1 p.m. , library of . , sealed noon (EST) on Feb. 6 for purchase of $225,000 bonds, as $200,000 172, v. — Bank, of Chicago, and Fordyce & Co., of Portland, jointly, at a price of 98.71, a net interest cost of follows: of , receive until the Auglaize-Brown Local Sch. Dist. and interest (P. O. Oakwood), Ohio (M-N) payable at the Bond Offering Cancelled —Sale Firestone Bank, Lisbon. f will - 8 awarded 60,000 1.70s. sealed bids until 8 p. m. Ohio Sale—The bonds offered - and ^ ing $70,000 ing" bonds the ' Jan. Clackamas The . Bond City Sale—The $450,000 street highway bonds offered on OKLAHOMA Ohio — Randolph Twp. Local Sch. Dist. (P. O. Englewood), Ohio approved inter¬ the Bond Cleveland. (P. O. bridge construction bonds offered on Jan. 5—v. 173, p. 51—were not sold. pay¬ at 1, 1951 Eugene, Ore. OREGON bids until Ohio The $15,000 storm bonds offered $40,000 Not inclusive. No. 108-C (P. O. Estacada), . Kenton, Ohio "■ Oregon ''""77,r Bond Offering — John P. Cook, nati, as 2% s, at a price of 101.60, Bond Offerin g—Barbara City Auditor, will receive sealed a basis of about 2.60%. Sparks, District Clerk, will receive 21/4s. OHIO Amherst, of Ravenna), Bonds of v. ' 10,000 general bonds, purchase Couniy Portage for the ' cinnati, as 23/4s, at a price 101.52, a basis of about 2.62%. bids 26 of Greensboro, jointly, at a price of 100.08, a net interest cost of • 2527—were awarded to the Weil, Roth & Irving Co., of Cin¬ p. Clerk-Treasurer of Board of Edu¬ 1961 Farmers State Bank, Legality approved by Sanders & Dempsey, of Wilmot. a — 172, to (J-J) payable Treasurer's office. noon the purchase of $15,500 im¬ bonds. Dated Jan. 1, callable. Principal and receive Principal and interest (A-O) able — Cincinnati. until will (EST) on Jan. 17 for the purchase of $9,000 water works improvement bonds. Dated Jan. 1, 1950. Due on Oct. sive. Montgomery County (P. O. Troy), N. C. Bond Sale—The $45,000 refund¬ ing bonds offered on Jan. 9— Charles Kreil- Clerk, Asselj Principal and interest (J-D) Pease Local School District (P* JO. payable at the Kenton Savings 1952 to 1964 inclusive. v Lansing), OhioJ " Bond Sale 47,500 2.%s. Due on June 1 from Bank, Kenton. Legality approved The $95,000 build¬ by Peck, Shaffer & Williams, 1 of ing bonds offered on Jan. 4 1965 to 1976 inclusive. v. $27,500 2y4s. — Due Craig County Indep. Sch. Dist. parks Dec. are to bonds $260,000 building bonds. Dated 15, 1951. Due on June and 2V2S, at 15 1952 proved noon Jan. Dec. from Dist. O. bids Ohio Blackley, on Jan. 1 from 1952 to 1961 inclusive. The bonds maturafter two years from Jan. ■ inclusive. payable a ' Hardin-Central Local 7" -Village sealed as are dated Dec. 1, Principal and interest (J-D) 1950. about ... 1 improvement on 1971 on price of 100.20,7a 1.94%.• ' for V":.. public Due 2s, at bids 17 $250,000 bonds, Dec. on 100,000 $4,847 street special bonds offered ing, 1976 inclusive. Ohio The — Bond Offering $150,000 off-street parking bonds. 2.19%. Sale on 1 ground Bond Wilmot, Lyle, City sealed (EST) 1951. est 1 Jan. noon the purchase of of Girard, 172, p. 2527—were awarded to McDonald & Co., of Cleveland. w. — City Auditor, will receive sealed bids until 8 p.m. (PST) on Jan. 15 for the Sale—The $24,000 water bonds offered on Jan. 6— Ohio Auditor, will receive Cincinnati, as price of 100.12, a basis a works 51 Dallas, Ore. Bond Offering provement v. Ohio Bond Offering—G. E. Jan. 6—v. 172, p. awarded to J. A. Co., Bond The — on were — White The — the Due in 20 years. Local 2.90%. West Salem, Ohio about 1.81%. "■ ■>-. of receive until Ohio & & of about $95,000 build¬ ing bonds offered on Jan. 5—v. 173, p. 51—were awarded to Fahey, Clark & Co., of Cleveland, as 2s, at a price of 101.61, a basis of O. 1, Covington), Ohio Creston, , Mayodan, N. V -Bond Sale—The'$75,000 sanitary 147—were awarded to Alex. Brown & Sons, >of uBalti.hiore, at a price of par, a net tinterest cost of .about 2.45%, as , 1950. Corp., both of Cleve¬ land, jointly, as 2s, at a price of 101.15, a basis of about 1.89%. v 173, Sch. until will Roth purchase of $100,000 building and equipment bonds. Dated Dec. 1, Cleveland : , . 1980 tto 1983 inclpsiyei j;' i v: bids The Clerk — Education Nebada Sale—The improvement . ? 20,000 2%s. Due on-June.1 from i'l r.'Si1968 Jto,';1975 iricltisiye. 10,000 3s. Due on June 1 from /;r 1976 to 1979 inclusive. \i . sealed offered on Jan. 10—v. 172, p. 2527—were awarded to McDonald & Co., and the First June 1 from on of Bond 2527 & Offering Board 1.63%. Sale—The the 'Vance dewer Bond Additional of about Savings Bank Trust Co., Weil, Irving Co., and Doll & Isphording, Inc., all of Cincinnati, Sterling Local Sch. Dist., Ohio as 3s, at a price of 101.06, a basis Mt. equipment J.: Lee Peeler v Co., of Toledo, as a price of 100.29, a basis of about 1.95%. basis of about 1.18%. a & 2s, at E. bonds offered 1 Sutherland Co., of Cleveland, and the Weinig Co., of Buffalo, jointly, as iy4s, at a price of 100.23, C. $55,000 water, series B, bonds offered on Jan. 9 —v. 173, p. 147—were awarded to i to provement bonds $10,500 2%s. and awarded Otis & as follows: 147—were p. Housing Authority, Pa. Sale—The issue of $1,091,- temporary notes was loan, 14th series purchased by the Chase National Bank, and Salomon Bros. & Hutzler, both of New York City, jointly, at 1.09%. Harrisburg Housing Authority, Pa. Note Sale The issue of $417,000 temporary loan 1st series — notes was purchased by the Chase National Bank, and Salomon Bros. / 52 The Commercial and Financial Chronicle (248) Monday, January 15, 1951 . . . 1 jointly, at 1.09%. Sch. Harrisburg Offering Bond Pa. Dist., > Secretary of Board of School Dir¬ bonds receive sealed bids (EST) on Jan. 18 for the purchase of $4,500,000 im¬ provement bonds. Dated Feb. 1, p. will ectors, until 3 p. m. Due 1951. ing 172, the to $165,000 2s. Le¬ F-A. Interest 1952 ville at on 1955 to - H55,000 3s. inclusive. 1969 1956 loan offered 000 9—v. 100.04, of price a- basis of a 1.24%. about Sch. Dist., South Feb. Offering Sch. Dist. Jr., Controller, will City sealed receive S. until bids noon (EST) on Jan. 30 for the purchase of $6,925,000 refunding bonds. Dated Feb. 16, 1951. Due on July 1952 from 1 inclusive. 1976 to Principal and interest (J-J) pay¬ able at the Philadelphia National Legality City. approved Bockius, 000 loan Trust Co., of Phila¬ Huger, Barnwell & Co., of Charleston, at a price of 100.05, a net interest cost of about 1.72%, follows: as • Due $132,000 2s. Jan. 1 from on 88,000 IV2S. 1958 Due Jan. 1 from on Due Jan. 1 from on will receive sealed bids until 8 p. m. (CST) on Jan. 17 for the purchase of $20,City mott, Auditor, 1970 inclusive. to Dated Jan. Due on Jan. 1 from 1953 1, 1951. The bonds San Bond Sale—The $50,000 general obligation bonds offered 173, p. 2 City the p. m. and Jan. Dated Co., & 1 %s, at a of maturing in the bonds The 1962 are callable, in whole or in part, and in inverse numeri¬ cal order, on Jan. 1, 1961. Prin¬ cipal at National Bank, Township School District. O. Carnegie), Pa... (P. Sale—The $100,000 school offered 1 , ! j f t Series | Dec. 14—v. 172, as t • Feb. 1 school bonds. Due Dated Jan. 1, of jointly, 98.16. the Royal Toronto,- and of as Montreal, of Canada, 3s and 3y4s at a price of Due Dec. 1 from 1970 inclusive. 1951 2176—were awarded to Stroud 1989 & Co., ing in 1960 to 1989 are callable. Principal and interest (J-J) pay¬ Deane ger, & burgh, jointly, 100.31, Scribner, of Pitts¬ as 2s, at basis of about a price of a 1.97%. inclusive. Sch. v. Indep. Dist., and will not necessarily add to total) tAmount Percent Outstdg. of Outstdg. tAmount Amt. Issued Redeemed ■ ■■■•.♦ $229 437 $4,189 $4,418 (matured), 576 139 $4,994 - A-D Series Total Texas offered bonds 173, of on Jan. 10— Series $4,329 5.18 75.87 - $665 . DIVIDEND NOTICE of Co., the Dallas, and Houston, $1,628 ■ 6,125 54.15 3,873 . 46.68 5,362 * 7,345' / 13,269 E-1944 Series E-1945 3,279 11,487 67.81 $1,104 $524 7,152 E-1942 Series E-1943 : 10,313 - —— 4,705 44.65 5,924' 5,609 45!62 - 4,523 2,106 2,417 53.44 4,179 '• 1,647 2,532 60.59 65.70 Series 1965 to inclusive. - E-1948 4,274 1,466 2,808 Series E-1949 4,203 1,212 2,991 Series 1951 E-1950 3,352 522 2,830 $64,382 $29,835 $34,546 53.66 $69,376 $34,164 $35,212;. 50.76 G-1941 $1,551 $330 $1,222 78.79 3,238 804 2,433 75.14 96,000 13/4S, due on Dec. 15 from 1968 to 1969 inclusive. E Total Series Total 257,000 2s, due on Dec. 15 from 1970 to 1975 inclusive. The bonds matur¬ Snyder Con. Indep. Sch. Dist., Series A-E— — Series F and G: Texas Bond Series Sale—The $550,000 school 1 National of New York City. Legality approved by Chapman & Cutler, of Chicago. Bank, County Chattanooga), (P. . 71.16 ' .84.43 . . . and G-1942 Series F and G-1943. 3,413 Series F and G-1944 3,745 Series F and G-1945 3,180 Worth, at of interest cost net • arid G-1946- F and Series about 1.78%. F F and G-1943— County her, Steam fatten SALEM, famfeamy MASSACHUSETTS sealed bids purchase Judge, until of 15 offered on the —were awarded for school $1,000,000 bonds. DIVIDEND No. 231 January 10, 1951 The Board of Directors of Naumkeag Steam Cotton Company at a meeting held on January 10, 1951 declared a dividend of Fifty Cents (.50) a share, payable on February 23, 1951 to hold¬ ers of record at the close of business February 13, 1951. Old Colony Trust Company, of Boston, will mail checks. RUDOLPH C. DICK President and Treasurer SHEETS & PEGUOT pay PILLOW CASES daily dividends of luxurious and1 Nation Sleeps on 9—v. — 172, p. net as The $600,000 road, City, at interest on Jan. a City Bank, of New price of 100.06, a cost of about 1.32%, follows: $300,000 IV2S. Due Jan. 1-in Jan. on PEQUOT SHEETS 300,000 iy4s. Due on .. . 1 in G-1949—1-: 1,672 98 and G-1950 2,254 16 ■ - * . Total ' : .2,238 ' 85.33- v 93.16 • - • .. 94.14, .99.29- . * ■ * F and Series $4,681 $27,698 " G of Sundance, as fol¬ $23,017 $174 83.10 $19 ♦ Unclassified sales and redemptions. • $193 /, All Series—Total Total Grand Weston County (P. O. Newcastle), Wyo. Bond Offering — The County Clerk will receive sealed bids un¬ til 2 p. m. 92,849 —— J——— — $97,267 . 58,019 $39,019 $58,248 5.18 $229 34,830 , 62.49 59.88 - ... (MST) on Jan.,18 for purchase of total $4,189 $4,418 matured unmatured 2,500 Fire Department bonds. * the 1.574 and .. 81.29 82.81 , 2.832 F ■ 2,491 2,216 F - .. Sundance 5,000 sewer1 extension bonds. 2528—were awarded to the National York Bank, to the $5,000 water extension bonds. O. 1950 bonds offered 1955 and 1956; I- (P. 1953 and 1954. restful, sleep. "The County Knoxville), Tenn. Bond Sale series State lows: Knox The $12,500 bonds Jan. 5—v. 172, p. 2432 — receive will Feb. Sale * 381 ; Series Wyo. I Bond 3,040 517 Series O. Moorcroft, 77.84 2,585 . 208 2,597 G-1947- 73.57 2,915 595 3,008 Series Series a 2,511 831 902 - - Tenn. Offering—Wilkes T. Thras¬ and F WYOMING Hamilton F Series Bank, house bonds offered on Jan. 9—v. Lafollette, or at the First Na¬ 173, p. 52—were awarded to the tional Bank, Lafollette, or at the First National Bank, of Fort Bond . 13.32. , , E: Series E-1941 52—were awarded to a p. able at the Peoples National Chase , / * Sin¬ to ■(. Jan. l from 1953 to on p. of Philadelphia, and 1 issue of The — Sale—The $500,000 school Bond . 1951. Co., Bank; Issued , Series D-1941 $147,000 2s, due on Dec. 15 from will receive (EST) on for the purchase of $2,000,- , Ont. las. Otis B. Mere¬ a.m. Sale tAmount E-1947 Judge, \ $142,745 improvement debentures was purchased by A. E. Ames & 3s and E-1946 County % ' y Township, Debenture Due on | Series A-1935 to D-1940 Call, Parkhurst & Crowe, of Dal¬ Series dith, Toronto ". Series sealed bids until 10 Jan. 1 from 1951 to on 1970 inclusive. Co.-, & A-D: price of 100.02, a net interest cost of about 1.94%, as follows: — Due 98.00. ' /•• Series 000 on jointly, ' Legality approved by Mc- Dallas. , First at a Bond Offering . Co., Wood, Gundy & Co., and R. > A. Daly & Co., all of Toronto, as ; 2s, 2Vzs, 2%s and 3s, at a price of ■< (Dollar amounts in millions—rounded w;vj% | (J-J) payable interest and the Mercantile Southwest Pitts¬ price of 100.37. - a Bonds Issued and Redeemed Through December 31, I960^ Due 1951. 1, Jan. 1 from 1952 to 1981 inclu¬ both TENNESSEE improvement purchased by was United States Savings revenue-1951 extension and Barber, of Minneapolis. Campbell County (P. O. Jacksboro), Tenn. ; issue of (CST) on Jan. 15 for of $275,000 water sewer improvement Series Jan. 9 •'/" The — purchase syndicate composed of the Eddler man-Pollock Co., Fridley & Hess, y Sale Sec¬ house b - Ont. retary will receive sealed bids un¬ Victoria 51—were awarded to Steele as on Daley ma¬ approved - 1970 to 1951 Marcos, Texas Offering—The turing later than Jan. 1, 1961 are callable. Principle and interest Legality from 1 deben¬ syndi- , cate composed of the Dominion Securities Corp., A. E. Ames & » tures of Bank the A. R. • ^ 31/48, at a price of 99.87. years D. W. MeDer- Dec. on $2,936,000 The issue of by both of Toronto, Dorsey, Colman, Barker, Scott & Township (P. O. Carnegie), Pa. Bond — and Toronto Cana- City, jointly, at 1.10%. sive. S. Dak. Offering Bond Bank, and Salo¬ Hutzler, both of New Bros. & mon York on Britton, loan, 23rd series purchased by the was National Chase bonds. SOUTH DAKOTA $897,- the and Ottawa, Barrier Ont.. . Sale — The issue of purchased was ■ of Commerce, both of ; inclusive. $160,750 improvement debentures temporary notes works 1970 inclusive. 1962 to 000 til inclusive. 1961 to J Texas Sale —The issue of Note Bond 1952 to 1957 inclusive. Due Debenture A uthority, chaser. Scott Scott Housing 1 issue of The Toronto, jointly, as 3s, at a price of 97.83, a basis of about 3.25%., , Truro, N. S. City, jointly at 1.09%. Galveston Ont. — Corp., Debenture payable at any suitable banking institution designated by the pur¬ at 1.05%. Fauset, New York f 000 auditorium bonds. Philadelphia, jointly: $1,050,000 bonds & and series 29th Central-Penn National Bank, both burgh, of Co., of Columbia, A. Co., of Spartenburg, 205,000 l%s. purchased by the fol¬ was Girard <n—v. & ' To Provident Trust Co., and the ■ Co., Law M. both delphia: $550,000 at 0.96%. of & Securities dian Bank, years. 9— Atlantia, Ham¬ Chester, G. H. N. S. The issue of — -;/y y Sale * 1952 " 2 from Jan. on 1966 inclusive. to payable at the First National Bank, Houston. Legality approved $110,000 improvement debentures was purchased by J. C, Mackin¬ by Chapman & Cutler, of Chicago. tosh & Co., of Halifax, and the Dallas Housing Authority, Texas Royal Bank of Canada, of Mon¬ Note Sale—The issue of $972,- treal, jointly, as 3s, at a price of 000 temporary loan notes 38th 99.80, a basis of about 3.04%. Due series, was purchased by the in 1 to 10 years. ' Chase National Bank, and Salo¬ ONTARIO y mon Bros. & Hutzler, both of 2528—were awarded to p. Crawford by lowing: To $425,000 Jan. on Sale—The issue of $1,600,- temporary notes The — bonds offered 172, Philadelphia Housing Authority, Pennsylvania Note Due in¬ and the Royal Bank, of Canada, both of Mon¬ treal,- jointly, as 3s and 3V4s, at a price of 97.55. Due in ope to 10 in 1962 and after are Principal and interest syndicate composed of the Trust ilton Townsend, Elliott & Munson, and Morgan, Lewis & of Philadelphia. Carolina Co. of Georgia, of Bank, Philadelphia, fiscal agent of the Orangeburg), Sale Bon d v. Joseph — O. (P. South a Clark, 26 school Philadelphia, Pa. Bond 3.38%. - $90,000 improvementr debentures was purchased by the Dominion Corp., , No. bonds offered on Jan. 10—v. 173, p. 51—were awarded to the Butler Savings and Trust Co., of Butler. by the Dominion Corp., of Toronto, and the Royal Bank of Canada, of Montreal, jointly, as 3V2S, at a price of 100.75, a basis of about $220,000 improvement debentures was purchased by the Royal Se¬ curities - debentures Securities SCOTIA — Ont. The issue of — Cornwall, Debenture Sale Carolina County p.m, 1, 1951. maturing Authority, temporary loan notes was purchased by the Bessemer Trust Orangeburg will until" 7 Due on Feb. 1 from J952 to 1971 inclusive. The bonds 000 $28,000 general Schools, bids (CST) on Jan:* 15 for the purchase $300,000 school bonds. Dated Sale —The issue of $558,- Note obligation " 1965 to New Glasgow, of Co., of Jersey City, ot 1.09%. Pa. Parker, Bond Sale—The by sealed callable. man at lot bonds was pur¬ the First National parking Charleston Housing 51—were awarded to HarriRipley & Co., Inc., as 1V4S, p. 1951 from 1 Debenture Sale Superintendent, of SOUTH CAROLINA City 173, $120,000 a Dec. • Place, Sale inclu¬ 1965 improvement clusive. Offering—R. W. Akridge, receive of $400,- issue Bank, of Boston, at par. Pa. Jan. on 99.51, on to purchased was of basis of about 3.57%. Due NOVA Bayou Indep. Bond Pawtucket, R. I. chased Sale—The Bond bonds $54,200 . onto, jointly, as 3'/2s, at a price TEXAS . ISLAND Sale—The Bond jointly, at 1.09%. Meadville, < . Imperial Bank of Canada, of Tor¬ inclusive. 1958 to RHODE Hutzler, both of New York City, & 1 from Carleton Debenture $144,143 improvement debentures was purchased by James Richard¬ son & Sons of Winnipeg, and the Texas The issue of $522,- temporary to Due on Jan. 1 from 135,000 1 %s. 13th series notes was purchased by the Chase National Bank, and Salomon Bros. 000 1 from Due on Dec. 1975 inclusive. ■ Cedar — Due on Dec. 1968 inclusive. $135,000 31/4S. Housing Authority, Pa. Sale Note fol¬ as 1951 Debenture by Townsend, Munson, of Philadelphia. Johnstown 3.08%, lows: from .. v.-, ^y^'' Brandon, Man. Debenture Sale — The issue of - 15 sive. . price of 100.04, a net in¬ a terest cost of about Jan. 1 from Due 1955 to MANITOBA 172, 2432—were awarded to the Eq¬ uitable Securities Corp., of Nash¬ jointly, at par, a net cost of about 1.83%, as interest series p. Knoxville, approved Elliott & 10—v. awarded 2074—were school Dec. CANADA The $290,000 Na¬ — A bonds offered on Jan. 8—v. follows: callable. gality Jan. on City, Tenn. tural Gas System Revenue, Equitable Securities Corp., and the Fidelity Bankers Trust Co., of The bonds matur¬ Feb. 1, 1966 to Feb. 1, 1981 on offered Feb. 1 from 1952 to on 1981 inclusive. are Sale—The $300,000 Bond Sale Bond Bradley County (P. O. Cleveland), Tenn. R. E. Boswell, — Lenoir TENNESSEE Hutzler, both of New York City, & $25,000 hospital bonds,-as follows: $7,500 equipment bonds. " " 17,500 improvement bonds* - " •Less than $500,000. tIncludes-accrued discount. * tCurrent redemption, value. •