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MONDAY ISSUE J/W 22 1951 and Reg. U. S. Pat. Office Volume 173 ' Number 4779 New York, N. Y., Monday, January 22, 1951 ' » ' t ' Price 90 Cents \ . Cop;4 a . General Corporation and Investment News railroad Adam • Hat public utility - industrial - insurance - Stores, Inc.—Dec. Sales Off 6.9%— Period End. Dec. 31— ; 1950—Month—1949 would Sales $49,500,000 $2,481,390 $16,302,669 $16,782,225 $2,310,715 + In This Issue - 172, 2377. p. Admiral Corp.—New Product Announced— The of corporation appliances remove hour announced 9 dehumidified which will, a much as Jan. on stock three as period.—V. 173, gallons of 101. p. in from water feet air the line its oi space, over V = * cubic 10,000 to * 24 a Privately—The will be Midwest $1,769,999 was applied to the retirement of out¬ by the Prudential Insurance Co.,- and the balance working capital.—V. 171, p. 1257. for Philadelphia-Baltimore Affiliated* As Net of —V. • 1 ; — *• $4.66 " f Z r;'- "'.A,-The corporation's s Exchange-....-35 Stock - Exchange 35 The •; > Engineering and Division Research located -at will notes the * National Quotation Industrial Robert M. Love, 17. President, stated that the com¬ substantially increased in the near future. 1 Since - the last war, the company, Middle Atlantic Area, has been the along in Miscellaneous Features .: . <■' I i. ' profit after taxes— --'Capital shares outstdg. Earnings "'•Includes -450 * - $210,693. 665,372 -665,372 1 $0.07 • . shares.—V. treasury 171, y- $142,005 v 665,372 >$0.32 . "--t * 1950^-9 Mos.—1949 $49,120 share—— per v .- $620,171 ■ v As the the York New 42 Clearings.—^-— this issue added "The of that acquisitions, reduced was to that date, on directors debt $30,000,000 1___— _L.—iL-; Reserve Banks *->" *£' of delivery ^..—43 American Beverage Corp.' (& Period End. Sept. 30— Net sales Subs.)—Earnings— 12 Mos.. '50 ' ' income after + EFFECT GIVING CAPITALIZATION TO $1)-— stock(par 'Authorized ^Including shares 75,000 owned FINANCING i " $299,500 ... f ; PRESENT 'Earnings 'After charges_-_r-^—v ■" outstanding common per and 300,000 shs, T Herbert by Outstanding $299,500 *89,975 shs. *' Soble, President ■/ $0,09 ...V requirements.—V. V' corporation's privileges 171, p. . if 11,647 177,317 , incorporated in Massachusetts in 1925 and has been engaged in the business of producing and distributing carbonated beverages continuously since -that time. Since May, 1949, in addition to producing and distributing carbonated beverages under its own brand names of ''American Dry" and "Sea Breeze," it has also bottled of ..names $0.01 • 461. . American network In p. TV unlisted to Jan. on cation v trading the company and owns supplied are affiliated 52 - & Co. are In issued The denominations of ' $100, $500 stock at the debentures, accrued of rate with are 20 interest, shares provision redeemable on any for of is trustee of transfer agent of the - , PROCEEDS—The tional the option interest date debentures, common in of the after plan and working capital will for is each at company 30 Pilgrim rate of the effective the of date ' v* , -1 v'ty' . • , ' ■ • " * . days' a Trust also the The of * Moxie Bottling Co. * • Co., of t plus , the company with stock $0.49 $0.97 . . tAfter preferred 416,235 $567,574 416,235 $0.09 $1.P* $117,855 ; v- - dividend ' requirement®. Light Co.—Notice & the ' •, for distribution plan of Holders to ....... of after the thereafter of most of ; . (City agent Bank company's- the expiration Trust Farmers Co.), -as the two 15, soor» following years distribution agent. the to company of stockholder* The their certificates representing the old stock rata share of the proceeds of such sales, and certain other distributions, if they surrender such certificates before the expiration of five years following Feb. 15, 1950.. „ surrender their pro Upon the expiration of five holders the of the old the-old will plan stock following Feb. 15, years to all rights any payments or distributions unsurrendered certificates representing will be. void and.of company 1950, receive and cease, the of -stock value.—V. no 172, 1229. American Stores, Co.—Current Sales Up 19.3%— Period End. Oec. 31—. 1950—Month—1949 1950—9 Mos.—1949 $ —V. r 16 filed with the SEC a plan of reorganization of the Public Utility Holding Company Act of 1935. $ 33,888,641 —.i.. 32,601,276 172. P. 2477. joined was in by Electric Bond & Share Co., holder of Foreign Power. the a parent ..... » . . $ ■ .. . * - . ( $ 337,775,228 305,409,203 . * - • redistribution Foreign Power, and Bond their company to principal aggregate an amount of $15,000,000 on company per on share pro a alone. for will receive the 2,887^02 shares The directors 3%% on for on Jan. voted 1.7 convertible "debentures Jan. each 29, 1951, seven registration a for shares to to be subscription of stock authorize offered in held the -alone. Coverage of all interest estimated at 2.57 times for the company basis is 43.50% $67,564*.60O of new the on .a to ratio that new issue Stockholders of $100 date. of The of 4Va% of the new common stock." debentures and Bond and Share the of 12-year record debentures Issue is - Edward d. Jones & Co. 1871 300 North 4th St. - St. Louis 2, Missouri - Members New York Stock Exchange Midwest Stock . -entire with Suitable for Retail Distribution , Established forma statement We want offerings of High Grade Securities " ; or filed or preliminary estimate of .1950 earnings indicates pro forma earn¬ on-the ;new common of $2.59 per share on a consolidated basis charges 18 ' stock. common Jan. covering 1963. before'.July 1, 1951 h '.The new seccrities to be issued would consist of j$67,564,600r of 4y2% - fixed interest-junior debentures and 6,637,500 of on the 12-year 3%%~ convertible debentures, due March The amount of the debentures will be in excess of $410,000,000 but is expected to be less than $420,000,000. 19, respective The Plan provides that security holders other than Bond and Share - SEC only and 41:44 j ' and . the increased ings addi- Share, American Telephone & Telegraph Co.—Registers With Securities and Exchange Commission— The has the among; r present securities to remain outstanding under the plan publicly held $50,000,000 of 5% debentures and certain notes held "by-banks in the principal amount of $10,000,000 (which, in accordance with the "terms of the bank loan agreement, may be A and and are to be used for the expansion of the in the carbonated beverage field and in the extract, syrup and concentrate field which will include, but not be limited to, the -development of franchises of the company's products. 416,235 taxes distribution receive p. Jan. 11 filed a letter of notifi¬ issuance of the above-mentioned xapitel structure "consisting only of dfebt and common Stock; of voting power among security holders; the elimi¬ .of >all dividend arrears on preferred and second preferred the shares fund Boston, registrar ' • $431;828 416,235 . for its purposes, among other things, the simplifipresent' capital structure of Foreign Power, consisting of bank notes, notes to Eond and Share, debentures, first and second preferred stocks, common shares, and option warrants, by conversion The notice. * The sinking 1950—9 Mos.—1940 1950—3 Mos.—1949 and for reclassification of its stocks became effective on Feb. the under in of are of The and in provided will on the security holders. and $100 par ■Earnings— ' and largest security plan claims company's -operations a stock , under a-franchise from The Moxie .stock; and-the settlement and discharge of various claims and counter¬ - . provide preferred 1 r Power .practicable as of brand cation nation common certain* events. maintain and stock. net proceeds stock common adjustment the at company has also agreed to establish for the redemption of the debentures. Mass., • - debentures company covering stock." the IntQ • 18 SI,000 and are convertible at the option of the holder into the > to also bo share will be 16/100 of a share ($7) will of 2/10 of rate $6 the at 1950 1, ; V 172, publicly offered convertible sinking fund. debentures due April 15, 1961 (with interest 3% fixed and 3.% contin¬ gent) and 14,975 shares of common stock (par $1) in units of a $100 debenture and five shares of stock at $100 per unit. The issuer also does business as The Moxie Bottling Co. debentures SEC the and undef Section 11(e) $229,500 x>f The stock Oct. the interest on effective the to 1950, stock The company on Jan. stations stations.—V. (Mass.)—Securities Jan. on SEC—The WITH with company American Dry Ginger Ale Co., Inc. "Pjureoxia" and under beverages American & Foreign Power Co., Inc.—Files Plan— 2217. Offered—Luckhurst - "Moxie" debentures .The ■ option ' l. Sales television five operates to As . 17. operates a nationwide radio broadcasting five owned key stations and -279 affiliated stations. programs carbonated distributed and and has used the trade name addition to its corporate name. Broadcasting through addition while admitted was was Co., ••'♦ Inc.—Listing of Stock— 5 Francisco Stock Exchange the Ban on stock common from 1, the at of receive to are Oct. $231,203 who BUSINESS—Company FILES American Broadcasting Co., The *. stock holders common new from the" preferred of common and year, charges 171, p. 1950, old and Treasurer. $20,699 25,712" 178,744 share. preferred di\idend All Feb. 15, 1950, will sell the shares of distributable stocks (other than the single class of capital stock of the company) -allotted to stockholders who r'have not theretofore "surrendered their certificates representing the „ p. Ii" * ■'■'f i ? Convertible sinking fund debs due 1961 Capital 10 Mos. '49 > $910,037 taxes chares Common new year, per them to income assets the 3s in its treasury.- , presently held. stobk —V. , • » new common new 43 System.. Federal, Reserve 1 Net of SEC and by the courts. the Stocks preferred Holders Old Securities— trustee of $4,050,000 of these bonds for cancellation in anticipation of sinking fund require¬ ments for the calendar-years 1951 through 1953.—V. 172, p. 2117., •, •*. per additional 'After Statement of Member Banks of f the to plan. American outstanding 6n The company 31. Dec. it held $10,000,006 of have-authorized share by Foreign Power. the Common shares outstdg. fEarns. per com. share. Stock American of as of allocated American Ice Co.- ' result of Public holders of exist¬ a stock common exchanged be share a pre¬ 4'/a% J - under the plan. Period End. Sept. 30— Exchange tT^at during 1950 it bought in the open market $6,669,000 of its 3'/c deben¬ tures, due 1966. The purchases cost the company $6,545,000. a of of - The °Net — Condition , lias"informed of Bank Exchange Rates.-—____ —43 Combined Condition Statement of Federal v $0.93 American Airlines, Inc.—Buys Debentures— The corporation old would 65/100 $6 of - purchase and sell certificates of interest mon «_*_47 City Bond Offerings Course Foreign -666,372 " ' $0.21 • 1985. p. stock - "Guaranty Trust CoPo't New York has been appointed agent to for fractional shares Of comof the above company for -account; of the holders. Thia i arrangement wiil-j-emain in effect until the close of business Dec. 31, J952;—V. 173, ;p. 197. ' i. & Investment News_Cover Redemption Calls and Sinking Fund Notices. _43 Dividends Declared and Payable^———43 , • • » of of amount « .The 1950—3 Mos.—1949 Net State and *. , Altes Brewing Co.—Earnings— Period End. Sept. 30— preferred basis shares stock.- , 'v.-. • % owned principal American Gas & Electric Co.—Agent Appointed—- C " Allegheny Ludlum Steel Corp.—Merger Considered— J 173, p. 197. $80 common receive .1/50 plan.—V. 172, p. 2477. , General Corporation See Pittsburgh Steel Co. below.—V. the share per • devices for refueling aircraft while in flight and jet aircraft seats recently announced by the Navy at its test center at Point, N.Y.—V. 172, p. 1625. ; v «. ; , of to it .• ejeetion Sands publicly for new v (if ment the provides that, in the event it is consummated, Foreign or after the effective date, issue to Bond and Share common stock at the rate of 2,7303 shares per month additional issued 1 its airline activities in the design and develop¬ of Each on owed share per a with active the cancelled be holders of issued ^31 Stock Averages.31 •r the second on would share debentures date Dow, Jones Stock and Bond Averages. Jan. on would in full stocks stock new now Public Transactions New York Curb Exchange______32 nounced pany expected the order to be preferred Oct, 1, 1950, to the effective date of the plan. Bond and Share also be paid its interest to the effective date on the $49,500,000 o! r t Transactions New York Stock Exchange.—32 Wilmington, Del., has been awarded a $400,000 military contract for the manufacture' and assembly of special aircraft winches, it was an¬ $7 from 38 ( Inc.—Military Contract— % ' j and is subject to approval by plan will, additional Section———40 Over-the-Gounter Markets —wLl_— ' of stock stock would plan The . _37 of exchanged shares of holdings each for warrants Power Exchange.— be 9/10 2 common common stock Toronto Stock Exchange—Curb ' -,t Stock Toronto Each would and public new ing ' 35, Montreal Curb Exchange.^— , ; ' -$4:23 -V-'-- - All American Airways, ^ 1949 $116,578,350 $100,222,975 share___rT_ per p."2117. 172, Francisco 34 $6 !t, common.for each share of second preferred. ' Montreal Stock Exchange 1950 i • Higher— assets Net- assets .. San Fund Inc.- -Net Assets 31- Dec. The present debentures and ; new common present rights, including arrearages. stock. common for . .33 ' . the n^w all of debentures - of for owned shares of preferred stock " ($7) would be exchanged principal amount of 4V2% debentures and 3 6/10 shares of $90 new 132 Stock holdings ferred -stock ' _.*_.___32 ^ Exchange.— Stock Pittsburgh , for of stock. common new exchanged publicly 32 Exchange Stock . 27 _ vLos Angeles Stock Exchange • held notes used _ Detroit Stock Exchange..*. proceeds, standing Exchange__________i.._ Exchange Cincinnati Stock Exchange. • . the Curb the be 23 Stock its notes 65,809.10 preferred settlement __11 (Bonds) Boston noteYLue Jan. 1, 1966, subject to repayment at the rate of $200,000 annually, beginning on Jan. 1, 1952. / > Of (Stocks) New York ,» company ) Page . of Public New York Stock Exchange " in December placed privately with Prudential Insurance Co. of America a $3,000,000 4^4% 15-year promissory - ' New York Stock Exchange : Aero vox'Corp.—Note Placed *" ]- ' " . for of ($7), . ;s Stock and Bond Quotations «-■ introduction the receive investment in Foreign Power (consisting of Foreign Power, 13,800 shares of preferred shares of $6 preferred stock, 2,158,236 share* of second stock, series A ($7),, including rights to all accumulated and unpaid dividends on said preferred stocks, 881,500 shares of existing common stock and 5,812,884 existing option War¬ rants to purchase existing common stock l, 3,750,098 shares or 56.50% ' 1950—12 Mos.—1949 v —V. miscellaneous - Exchange Chicago Board of Trade New York Curb Exchange (Associate) Phone CEntral 7600 Bell Teletype SL 598 cc- 2 (378) The Commercial and Financial Chronicle to amount 19, 1951. pected March The June 1, 1951, debentures The be Initial at and payment will be sold or in by will be stock surrender dated Barrett Machine Tool Co., Meadville, Pa.—Files Securities and Exchange Commission— beginning of The of $100 until March port $107.00. 1953, to but will notice, days' the 1951 will receive rights to or In may stockholders the special meeting construction of last November, additional and new will and be used telephone in thereon and common during 1950 of owners The collected its more debentures conversion privilege $75,000,000 converted all three the $130 per share, ment of share, 23,4S $30 in 1961 in $40 debentures The must This the $4,762,500 $433,820,100 for the standing with be rate surrendered for 23/»s the amount market since the cash. is of at stock into 1961. during $140 tenders These debentures 1950 23/4s the for have that Net of reduced 40% Operating Operating Federal Other 63,830,000 operating 4,445,000 26,930,000 3,450,000 inc.— on 40,773,758 8,070,000 expenses ™_-/ taxes 56.237,711 43,250,000 revenues $ to 3,269,718 14,560,000 - taxes— out¬ Interest Other 9,060,000 for the Total jDrl40,000 _ motive 92,430,000 1 "Earnings For Like liBELL The $2.57 SYSTEM revenues $10.39 EARNINGS A REPORT $ lOther income 114,177,429 (net) 88,421,602 12,666,224; 9,785,814 420,327,463 Int. income deductions 123,963,243 101,087,826 27,838,050 28,891,707 ... income—r~T4- Applic. to as 96,125,193 T. "Based the on 93,026,363 $2.83 average number , estimated). and SFigures American Tobacco in proportionate all for other $9.35 interest earnings in net estate estimated. full 2477. p. The Bernard Armour estate held outstanding stock. mon R. are now 539,808 An of part The corporation I. has It also last May plants sold Hampton, Mass., was of acquired controlling interest and H. the Armour in — corporation discount the holdings 18 declared secured of filed the $1.25 of per per share record Feb. share.—V. the 14. 173, a long-term been $35 "In of almost the Jan. to p. completed effective determine 173, p. tEarnings per preferred per what the $16,887,000 The net asset value per Total 172, V. 172, net asset increased $7,169,000 p, by $2.32, share, or 1826. 12 months of He Net income was Capital —V. 1950.— Building & Equipment Co.—Secondary Offering —A secondary offering of 12,500 shares of common stock (par $3) was made on Jan. 4 by Seherek, Richter & Co.' at $7 per share, less a dealer's discount of 62^ cents per share. It was completed.—V. 173, p. 102. shares (Earnings per 172, p. said forced the to setting the not event of ten-year promissory note.—V. 173, a up ican *• <- of of 173, offering to its an share has used in of $11.50 named as shares principal construction a Sept. the for See esti¬ Dec. are dividend preferred and preferred to contemplated of 37V2 cents initial an stock, both 11% payable 22. convertible share, V. of have new preference been $1.40 stock; offered in convertible with exchange preference 173, p. 1. Co.—Exchange of Stock—• American Gas, the of of on each latter basis share company said 72/100 of Central of the represent Ohio stock share a stock. 81.3% of of of The of Ohio Central Gas.—V. Ohio will Central Ohio and 173, adjoins increase serves the Ohio American's communities Power customers in Co., a the 198. p. & Co. Inc. and associates on 17 offered Jan, $8,550,000 of 2*4% serial equipment trust cer¬ tificates maturing semi-annually Aug. 1, 1951 to Feb. 1, 1966, inclusive, at prices to yield from 1.70% to 2.675%. The group was awarded the certificates bid of 99.25991. , The on Jan. 16 on only other bidder Salomon was its : . Bros. & Hutzler which bid 99.195 2%s. Issued under the Philadelphia Plan, the certificates are being offered to approval of the Interstate Commerce Commission Nil shares of accumulation of and by new standard-gauge railroad $10,726,070. 497,980 * north subsidiary ol Chesapeake & Ohio Ry.—Equipment Trust Certificates "144,444 $0.44" Amer¬ 131,735 the subject 75,377 11 Central outstanding remaining shares may be exchanged until Jan. 31. part of secured dividend Other • equipment estimated to are cost 1 members of the underwriting group are R. W. Pressprich Ss Equitable Securities Corp.; Hornblower & Weeks;. Merrill Lynch, Pierce, Fenner & Beane; L. F. Rothschild & Co.; Blair, Rollins & Co., Inc.; Freeman & Co.; Hayden, Miller & Co.; The Illinois Co.; Wm. E. Pollock & Co., Inc.; Weeden & Co.; First of Michigan Corp.; Gregory & Son, Inc.; McCormick & Co.; McMaster Hutchinson & Co.; Mullaney. Wells & Co.—V. 173, p. 102. ' Co.; 1950—12 Mos.—1949 Jj $ 4 • Chrysler Corp.—New Developments Announced— , A : $ $ 59,355,913 149,367,240 126,825,608 17 180 new were 1950—9 Mos.—1949 $ by L. has this L. the many engineering development revealed terms offered of The Ltd.—Earnings— ;■ 1950 1948 ___$100,374,419 $95,052,765 $92,434,547 5.068,342 special sisted 1949 6,688.835 6s349,535 2,200.000 of the so Corporation, said outstanding riding comfort, many performance, $3.11 display Dodge, showing than more DeSoto commercial and of 75 Chrysler individual different 38 were safety, Chrysler vehicles and of cars Dodge a single handling background and passenger in and achievements As styles before never advances engineering exhibits. body that new to con¬ the 1951 several Plymouth, 1951 Dodge 2.200.00C $3.04 of entire Jan. on I President company in new corporation. Colbert, the year, horsepower V-8 engine, Power Steering, greatly im¬ absorbers, air-colled brakes, and a new torque converter . shock among ease. 2,200.000 program 1950, 1, securities arrearage $1.50 per Offered—Halsey, Stuart 1949 on new Corp.—Pays Arrearages— an share one shares. common The central In " . shares common eight — period convertible share of on the convertible $1.40 basis, acquisition $4,163,149 1950—3 Mos.—1949 outstanding 100,000 each 1. declared by 23,000 to 1,169,000. 9,593,540 121,871,356 126,092,490 taxes issue for been $14,000,000 in p. $1.50 each common of The 18.49c 497.980 a be $35,000,000 new arrears shares. - divisions new * is to of new Corp. holders of record Jan. Gas shares realignment of per¬ 171, p. 1782. - ,i requirements - plans form one Central Ohio Light & Power 1950 there the 1926. p. have voluntary $6,490,056 1950—Month—1949 sharc__ in advance $2,000,000 of its own funds, from the Citizens and Southern announced in Philip Sporn, President Ohio would be exchanged .•••.* is 12 Securities the on the to plus two $1,430,100 •< 16.90c \ 1 a the for i • announced 10,900,812 charges and does company close Holders of 131,735 shares of the company's common stock on Jan. may exchange them for stock of the American Gas & Electric Co., $1,073,660 17.42c also 2378. after to of 172, require on proved p. 50 555. p. on par) program.—V. dividend on after 1950—6 Mos.—1949 Ashippun plants.—V. 106. Fiscal Year Ended Oct. 31— Net sales . $2.30 1030. Cincinnati, Newport See National Power & Army & trucks.—V. Covington Light Co. below.—V. 172, p. 1827. Ry.—Acquisition—• 171, p. 1782. Carpenter Steel Co.—To Construct New Plant— Bank date <•< 66,374,435 172 be 171, basis Additional sales Holders Caruthers months (& Subs )—Dec. Sales Up 13.6%— Sales —V. 1949. $13,849,000 $9,755,000 including capital gains distributions 30.2%, during the six $666,400 Canadian Breweries, 1950 per the Feb. Commission's order 40,860 company (no the directors cents original 7,735,740 $ ; value the 30,676 which Period End. Dec. 31— about $1,500,000 Jan. on on Union share per 2478. p. will Central Illinois Securities The 19 Nov. 6,351,000 dividend 1949 • assets The made the California Packing Corp.—Sales Increased 11.8%— including capital gains distributions 17.6%, during the 12 months of 1950.— 31— this gather 19,040 share, : —V. Axe-Houghton Fund, Inc.—Assets Rose 42% in 1950— As of Dec. after because <g share, or not " outstanding.™,... Butler Brothers Sales to 1952. for oppo¬ 3,824,840 p. be during World War II.' He described the situation as satisfactory and not threatened PROCEEDS—Proceeds will 313,919 on would were proposes upheld the did argued deadline — 172, now stock The mated necessary assents. the effective month taxes stock, mines they additional an company American share.—V. depletion was operations could bo of year share for each 10 held of record Jan. 18. The warrants will expire Jan. 31. A banking group of 52 members, headed by First Boston Corp. and Blyth & Co., is under¬ has $595,350 annual before level that Stock Offered— company on Jan. 19 offered to its common stock¬ holders rights to subscribe at $15.87 V2 a share for 267,600 additional common shares in the ratio of this per Period End. Dec. 31— Axe-Houghton Fund B, Inc.—Total Assets Higher— made, increased by $2.63, V. 172, p. 1433. a 1950—3 Mos.—1949 common tAfter the writing the offering. for still 3,268,800 17,010 after in The market the a . 1950 at 1342. shares for Secretary-Treasurer, gold as underwriter.—V. covering . 198. the Libertyville and income Common 102. at Great 1950. proponents on . at S. manpower common months from 19, company, 18.21c 172, profit December profit Central Illinois Public Service Co. 12 Jan. respect" every the S.' U. war stockholders Burry Biscuit Corp.—Earnings— Quarterly purchase the lawyer leading the until the ™ December the if 1951, Smith, company 31, 1951, S, in opera¬ Involved sum Central Illinois Light Co.—To Issue Stock— the selling stockholder.— date U. copper leases gas mining Co. The of 1342. p. on after gold The large and one C.) President assents.—V. that Bank,^ Savannah, Ga., at 4% operated Exchange Com. 10, to estimated shortages of labor.—V. The would be Approximately offered be Fiscal Year Ended Oct. 31—' * sales major bank creditors of the Indian Co. The Atlas Corp. also has arranged with the Indian Co. to make temporary secured advances pending study the outlook for that company. It is intended to continue produc¬ tion of motorcycles and to try to bring aeiense work in the1 piant. —V. 172, p. 2377. 31— SEC Net the assets the (D. extended was said stated D. borrowing plant 172, petition for reconsideration a $2.82 to be across instelled. H. Childs, of As of Dec. dam plan's proponents to get the thereby staying $1.25 option will of man¬ for common p. with said. Net on equipment expanded Hamilton be Commission the the French, fine at sonnel Motocycle Motocycle Total Hamilton employed.—V. Washington Manning revealed the Dallas, Texas, and Chicago. Secures Option— has be assents until Dec. 15, S. "Loss. Atlas Corp. at go to Grace Mr. Atlantic Coast Line RR.—Dividend Increased— The and for Burgess-Manning Co., Libertyville, 111.—Expansion of $2,000,000 of its 15-year 334% debentures President, said the partial call will reduce to $4,000,000 the outstanding amount of the issue.—V. 172, p. 1530. Jan. in¬ Expansion of facilities of this company, which manufactures exhaust and air line snubbers and noise abating products was announced on Jan. 19 by W. L. Manning, President. The expansion is the result of continued development and increased demand for company products, the payable March 12 to holders payments have been at the rate of $1 to announced. two gold A proposal to substitute a bank loan for a proposed $2,500,000 Reconstruction Finance Corporation loan was presented on Jan. 4.to the Interstate Commerce Commission by this company in connection with its request for approval of the control of the Savannah & Atlanta auto¬ Facilities— is Jewett stock, meet ago and group opposing the reorganization plan the Interstate Commerce Commission for Commission —V. The company will redeem Feb. 9. F. S. Spring, on plant 980-foot a could filed was cents J. estate for by to products before set had on directors to Period End. Nov. 30— Aspinook's 966,860 shares shares of Aspinook com¬ which it out, Ounces he The and production expected present Bendix of equipment as Yardage dredged Associated Telephone & Telegraph Co.—Redeems Debs. . facilities Iowa, at 1 Co.—Plans Acquisition-^- corporation, generators said ounce by M. N. not disclosed. 60,000 in its taken step Bulolo Gold Dredging, Ltd.—Production— Apponaug Co. of Apponaug, City, Conn.; Adams and East and Greenville, S. C.—V. 173, p. 198. owns plant used . P. 156,218 square feet of manufacturing purchase are hydro-electric generating facil¬ the Value per yard in U. headed shares additional litigation a involved. R. Armour with at Trust be Central of Georgia Ry.—Seeks Bank Loan— months major aircraft the necessary Co.—Riggio Retires— company to a syndicate The price paid for the stock plant Malcolm July 10. With the Caruthers group holding fast to their objection against ICC approval of the plan, it will now be up to Division 4 or the subsidiaries not consolidated December above Sobiloff. of of the the notification reconsideration earn¬ will 2478. p. accessories by few a production varied was six Commission's order, dated May Caruthers contended that the plan's group Value the its deadline, Mr. Caruthers said, came of remainder & disclosed. Mr. Swift said the com¬ December reached a postwar high of' 4,496 mill-head value of the ore was a half ounce in average through company's contains S, Edward (The) Aspinook Corp.—Change in Control— in in are now deadline deadline The company announced on Jan. 16 the resignation and retirement of Vincent Riggio as director and Chairman of the Board.—V. 172, p. 2477. The expand for number plant soon the necessary deadline. tDoes not include undistributed 1950, partly 'telephone subsidiaries.—V. 172, its principal and to of Caruthers, group, held that date of 223,083,395 $12.44 outstanding. interest tlncludes ings of Western Electric Co. (partly of shares proportionate Bank share. per full-scale Ry. the stockholders' sition 7,612,870 339,572,130 Co., and 12 The He Donald hopes of blocking that plan. 230,696,265 11,589,514 69,678,007 $3.29 companies, flCompany 2,518,112 sh. per company's subsidiary 3,098,830 stk. Co. "Cons, earns, Motor President, production Swift cents Boston & Maine RR.—Success Seen by Committee— 110,972,061 351,161,644 $0.22 172, p. 570. Mr. nority int.— Applic. to A. T. & 72,196,119 599,865 parts Jan, on Swift, maintained held. of company 341,668,326 mi¬ f announced shares This Net 130,072 River. letter V. 55,458,907 464,836,238 113,674,594 the gold per ton, or $17.50. Mr. Bendix. factory, The proceeds are 286,209,419 44,508,775 172, and acquisitions- was-not $25,000. $0.21 was weeks Ferguson Daniel Total of 1949 $3,075,223 599,86 5 of class A stock (no par), to through Gude Winmill & Co., New York. $ _ income. D. gold 126,455 demands include persons A oper, 18 which 2,000 1950—12 Mos.—1949 $ construction.—V. Eureka Mining milled. 1950 $9.49 842,947,657 745,687,436 3,227,295,169 2,868,938,243 expenses. 590,306,884 562,588,226 2,320,710,691 2,245,624,140 Fed. taxes on inc 74,421,195 38,951,663 230,201,313 113,577,934 Other oper. taxes 64,042,149 55,725,945 256,055,702 223,526,750 Net of division to Included ities, 544 1950—3 Mos.—1949 pany's tons Bon Ami Co.—Files With Securities & CONSOLIDATED J. proposed parts. Hamilton started $ Operating Operating 177,325 286,710,000 228,003,399 248,270,000 216,127,324 56,091,451 to Mellon National repay diversifying its tions, the pay¬ for 1926. p. corporation of the Ford the production of aircraft for Iowa new Miami $2.76 1951, Mr. Ferguson said. This divisions, exclusive of sub¬ sidiaries. Other Bendix plants are located in New York State, New Jersey, Maryland, Michigan, Indiana, Missouri and California. below. see Per. End. Nov. 30— i a increases 64,052,042 share per Drl40,000 to for $4,000,000 This company is considering the purchase of properties in Arizona and is seeking to acquire oil Oklahoma as a means of date. ' this recent the Mr. footnotes, 20, 172, cprporation recently acquired the Animatograph Corp. at Davenport, ufacturing of aircraft instruments. 78,797,792 344.200,000 283,200,873 14,745,750 57,490,000 55,197,474 64,030,000 share, per redemption share for share. period of five days a Feb. Victor 15,285,000 13,157,113 78,470,000 —_ for The 13,960,000 income Dividends $25 Central $1.50 Corp.—Earnings— services military truck space. income Interest deductions™. tNet 18,164 of 1951 the at to taxes. President in creasing 37,620,000 28,140,122 294,340,000 239,891,294 3,767,915 12,380,000 14,992,132 2,710,000 (net)— loan ,. 1951, The plant, which was used by Ford until stamping operations, represents the second $ 243,070,000 221,352,431 163,960,000 164,770,196 bv Ohio, armed Ferguson, 7,749,235 67,262,478 80,800,000 income income date stock.—V. common 1, suspended record 2478. p. Hamilton, as Net oper. income Dividend income after Purchase of the $ additional used were construction anticipate §1950—12 Mos.—1949 $ Vi proceeds a for Bendix Aviation Corp.—Purchases Ford Plant— 1957, . §1950—3 Mos;—1949 The were: due pension Co. $5,405,361 172, Bendix Period End. Dec. 31— be dividends 1, _ EARNINGS OF on Aircraft Income —V. this STATEMENT dividend will the (convertible) March to Capital shares outstanding Earnings per share type that the company has brought World War II. ("Wall Street Journal.") COMPARATIVE conversion preceding stock accrued stock common March on sales per remain ligure is equal to less than of share per redemption Quarter Ended Dec. 31— to July $46,285,400 of Net pay¬ 10 of last year, the share, of which $48 was $146 per share. Amounts of the at of Beech per convertible of convertible are Up $148 1939: That end 1957 conversion of 23is investors. of at now for 3YbS $1,094,993,200 total in issues to in convertible were cash. $185,970,100 and cash. of which of payable payable by surrendei of $100 of debentures and of Life Co. holdings convertible issues provides for a cash payment in addition to the surrender of de¬ bentures. In the case of the 3V«s of 1959, the privilege is exercisable at in exchange $11,809 secured notes payable; deferred notes payable and accrued deferred trade claims; 3,644 in ex¬ creditors' Placed shares Into right ment "new in their of 8,000 Co.—Bonds privately $6,000,000 of bonds, due Dec. 1, 1980. The issue $2,500,000 to Bankers Trust Co, acting on trusts managed by it; $2,000,000 to Aetna Life Insurance Co., $1,000,000 to Massachusetts Mutual Life Insurance Co. and $500,000 to Bankers 2,500 cents immediately than who for 37J/2 The Conversion of Debentures in 1950— from follows: Power & company has sold divided was proceeds behalf as Light Monday, January 22, 1951 . first mortgage 2%% and creditors' The company has called for dividend cumulative preferred ; company $5) The Arizona . Beaunit Mills, Inc.—Calls Preferred Stock— Convertible stock. Central Privately—The SEC to plus into With the (par stock common underwriting. issuable are with of 6% cumulative convertible preferred stock in exchange for 25,742 outstanding shares of stock (par $10).—V. 166, p. 946. time money" shares mortgages for and 1,822 $25), meet continuing heavy demands for telephone service. Leroy A. Wilson, President, commented that it is expected that the proceeds of this new financing should meet its requirements for some The 18,644 (par facilities come. per share, without working capital. chattel notification new $10 for exchange interest to to at used addition, of on change for 13, a be $63,000 4,500 and at a offered to for sub¬ subscribe be used to may to others. They will be sent to stockholders 1951, and subscriptions will be accepted by the including March 19, 1951. financing, the company stated, was approved by the Feb. to be are '• 29, rights 19, 30 on Jan. 10 filed a letter maximum of 6,500 shares of company covering cash. in or Jan. These and common payable callable being record into transfeired or about company up This new for of $38 be whole in issue. new share, of not price stockholder $415,000,000 convertible per thereafter to the on be $128 redemption Each scribe pay will debentures callable approximately- to debentures . The company on Jan. 17 announced hot-rolling steel mill in Reading^ Pa. •. , ... plans Paul President, to to build B- a $3,000,000 Greenswald, Vicethe-spring. The new building will produce strip,-bar and rod steel products.-. •- Mechanical equipment for the new mill will be supplied by the BIrdsboro, Steel Foundry & Machine Co. of Birdsboro, Pa, . The mill is expected to be in production in 18 months—V. 172, p. 1926. said construction , is scheduled start in Cinerama, Inc., New York—Files With SEC— The SEC corporation New oh'.. Jail!. covering- 100.009 offpred- at York. •and/or, working $2-per The purchase capital. proceeds of 8 filed of share ■ are*to-be additional -a letter of notification with the stock (par one-cent) to be Gearhart,: Kinnard & Otis,..Inc., common through used camera to and pay for sound the construction systems and for Number 4979 Volume 173 . . preferred stock is convertible into common stock through Feb. 1, 1956; at $26 per share thereafter The share 1966. - stock Pfd. 4Vi% stock ($5 of sinking the result a Oct. 31, 1950, exclusive of treasury (exclusive of 400,000 shares shares amount & Bache Courts & 2,000 1,000 2,000 & Co Co Inc. 500 — Deetjen Emanuel, Goldman, Sachs & Co Granbery, Marache <fc Co, Hallgarten & Co Hallowell, Sulzberger & Co. Hentz H. Hirsch Hutton E. W. 2,000 Weeks_ & 3,300 Co & —4,883,721 5,118,614 3,980,288 $38.14 $34.55 $4.82 $2.30 . Controller Co. — ; offering Each of stock common may on or is amount between $200,000 CAPITALIZATION total , V. EFFECT TO PRESENT FINANCING Authorized Cum. stock pfd. 4.80% BUSINESS—Company electric is an control of International Corp., 172, Rise— 1950 important manufacturer of high-quality The company is a leader In 1949 $753,962 $12.06 $289,488 $9.95 share - 379. p. Redemption— redemption on Feb. 15, next, $391,000 3?4% bonds, series A, due Feb. 15, Payment will be made at the Old Colony Trust Co., Boston, Mass., or at the option of the holders at the following agencies: State Street Trust Co., Boston, Mass.; The Chase National Bank of the City of New York, N. Y.; and Harris Trust and Savings Bank, Chicago, 111.—V. 172, p. 751. This 1961 has called company first of sinking mortgage for fund accrued and 102% at interest. Consolidated of Edison Co. of N. Y., company's the 3% debentures, Inc.—Conversions— due 1963, have tendered of their holdings in exchange for common stock since 21, last. These tenders reduced to $39,834,600 the amount of issue that remained outstanding with investors on Jan. 10. That $384,400 Dec. Is equal to than less 70% of the original offering for $57,382,600 stockholders in June, 1948. The 3s are con¬ vertible into stock at $25 per' share, or at the rate of four shares for each $100 of debentures.—V. 173, p. 199, that was first made Consolidated —Invites named underwriters below, to purchase the number opposite Its name: and of of the agreed stock set agreed to sell to each of the underwriters had each shares of preferred convertible Shares Shares Goldman, Sachs & Co 10,000 Hornblower & Weeks Fulton, Reid 10,000 W. W. & Co.Baird Hutton & 3,000 3,000 Co Lee Higginson Corp 2,000 Inc. 3,000 McDonald Co., & E. 2,000 & Co Burge & Kraus Bateman, Eichler & Co.— 1,000 Merrill, Turben & Co 1,000 The Davis, Skaggs 1,000 Piper, Jaffray & Hopwood 1,000 2,000 to 2,000 2,000 2,000 Gas Electric Light & Power Co. of Bait. Bids for Bonds— & Co Fahey, Clark & Co Hayden, Miller & Co & Ohio Co., Company Inc.___ Westheimer —V. 173. The p. 1 - Dean Witter & 199. Commercial William - & Dana and Financial Seibert, to noon (EST) Jan, 23, for its proposed $25,000,000 issue of bonds maturing in 1986, it was announced on Jan. 17 by Charles P. Crane, President. The registration statement relating to the new securities has been declared effective by the SEC. Proceeds of the financing will be used principally for construction of new plant and equipment. Four Investment banking groups are expected to submit bids for the bonds. One of the groups Is reported to be headed by Alex. Brown & Sons of Baltimore jointly with Harriman Ripley & Co. of New York. Other groups are said to be managed by Halsey, Stuart & Co. Inc.; Kuhn Loeb & Co.; and White, Weld & Co. jointly with The company will receive bids up The First Boston Corp.—V. 173, p. 103. • Consolidated Grocers Corp.—Acquisition— Co.— S. 3,000 Patent Office) William D. Riggs, Business if 111. (Telephone STate See fee 6 Months Ended (& Subs.)—Earnings— 1950 1949 1948 $13,095,463 $11,358,975 $11,845,368 545,931 459,489 641,989 241,253 174,814 245,761 Sept. 30— sales Net income before Federal Net taxes taxes Income United States Products Corp., Ltd.. below.—V. William B. Dana Company, Publishers, 25 Park twice a week {every, Thursday Manager, Fublished 2-0613); 1 Drapers' $304,678 241,900 per outstanding—— shares Earnings ♦After $396,228 242,000 $1.05 $1.51 share—— common preferred $284,675 241,900 $1.14 income Common a with $1 of 2302. p. 135 S, La Salle St., Chicago p. 2219. Co.—Expansion— Dewey & Almy Chemical President, on Jan. 11 announced the purchase at of a sits for the erection of a factory for manu¬ facturing Cry-O-Rap plastic bags which are used for packaging frozen meat, fish and poultry, and smoked, cured and processed Bradley Cedar Dewey, Rapids, la., meats..- 4 details present duction the of plant capacity, plant of details still are employees and other worked out, Mr. Dewey said 200 employees and a pro¬ said that construction of of number be to plans call for approximately 100,000,000 bags a year. He start would immediately. bags, which are also made at a be approximately doubled when the operation, said Mr. Dewey..—V. 171, p. .'>59. Production of Cry-O-Rap Lockport, N. Y., will proved—Earned plant Cedar Option and Pension Plans Ap¬ — in 1950—Reduces Bank $4.40 a Share Loan—To Increase Productioh— The stockholders have approved a stock option plan for officers and key employees, ratified an agreement providing for a pension plan for hourly workers at the Painesvilie, O., plant, and authorized the amending of the company's pension plan for salaried employees, it announced stock The Jan. 011 option 9. plan, to that of many oilier options to officers and key similar unissud authorized but available under for purchase of amount of stock the pla.» stock, common Industries, employees Maximum shares, is 40,000 tentative figures for the that $4.40 or the 172, p. 1927. year indicate net earnings of $4,800,000, share. In regard to 1951, Mr. Evans explained that at present is unable to meet the high-level demand from and he expects this situation to continue at least for the per company customers months. six also Evans Mr. ■<>,.' V announced that the company ' .;; weeks ago made from the Mellon banks. This loan . two $4,000,000 pre-paynrcnt on an $8,000,000 loan National Bank & Trust Co., Pittsburgh, and other a financing a basic at most of its 12 chemical plants. has been substantially completed, Mr. Evans said that despite the additional burden of higher taxes, Including provision for excess profits taxes applicable to 1950, the company has been able to accumulate funds to accomplish payment of 50% of the loan prior to maturity. arranged by Diamond late was in 1946 to assist in expansion and rehabilitation program that Explaining for a 50% plant near Houston, The additional to alterations house uled program announced also He project this that capacity Texas, now is under way on a new of Diamond's electrochemical construction expansion being acquired through with the exception of a production capacity Is existing buildings and, already under construction, no new buildings under the current project.—rV. 172, p. 1531. minor v/aiehave been sched¬ (& Subs.)—Earnings— 1950 1949 $4,671,890 $4,266,267 Net income after Federal taxes 301,859 266,947 Capital shares outstanding.— $0.35 $0.31 Diana Stores Corp. 3 Months Ended Oct. 31— sales —V. 173, —— 1948 $4,694,067 388,556 $0.45 199. p. (Joseph) Dixon Crucible Co.—Chairman Retires— 11 announced the retirement of J. H. Schermeras a director and Chairman of the Board. Robert Carey Jr. has been elected a director to fill the vacancy on the board.—V. 172, p. 751. * The company on Jan. horn, Douglas Aircraft Co., Sales —V. and 170, billings p. Inc.—Sales Show Gain— 1950—3 Mos.—1949 $34,764,351 $29,282,383 1950—12 Mos.—1949 $130,040,387 $117,275,943 2224. Place. New York 7, N. Y„ REctor 2-9570. Herbert D. Seibert, Editor and Publisher; (general news and advertising Issue) with a statistical issue on Monday J. Otner Company. Reentered and-Members of ; Fan- Gardens, London, E. C„ England c/o Edwards & Smith. Copyright 1951 by William B. Dana as second class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3. 1879., Subscriptions > in. United States, U. S. Possessions, Territories American Union, $45.00 per year; in Dominion of Canada. $48.00 per year. Other Countries, $52.00 per year. , WOT*: On account of the fluctuations in. the rate of -exchange,-remittance for foreign subscriptions and-advertisements must be made in New-York funds. offices: 172, requirements.—V. dividend Period End. Nov. 30— 1,000 1,000 Co Chronicle/(Reg. U. President; —_ 171, a Davega Stores Corp. Net Prescott, Hawley, Shepard Ball, surrendered.—V. next Connecticut River Power Co.—Partial Owners had distribution final such final distribution of $7.75 The trustee deducted from respect to each certificate trustee, made of certificates. successor Raymond F. Evans, President, summarized Diamond's present finan¬ cial picture. Terming 1950 as "satisfactory"—considering the 67-day Painesvilie strike and tire effect of the excess profits tax—he said 1595. ' equipment. company York City, as share, upon surrender authorizes the directors to grant fund Increased by 48% during 1950, to a $10,000,000, it was announced on Jan. 17.— than more asset value per ment. UNDERWRITERS—The 15, City Bank Farmers Trust Co., 22 William St., after Dec. and On New per Ltd.—Assets Up mutual this Net specially engineered industrial electric control systems also produces a broad line of individual items of control equip¬ Robert President of Columbia Records Feb. 1, to succeed Edward Wall- become plus the quarterly dividend of $1.05 each, President of field and will of December 31— the the assets of —V. ♦Including 356 shares of treasury stock, including 50,000 shares of common stock initially reserved for conversion of preferred stock. industrial shares of $102.50 Cumulative Trust Shares—Makes Final Distribution— in System, Inc.—New . 2479. p. 1950, compared with assets 50,000 shs. *157,500 shs. (par SI1500;000 shs. stock Common 30, . corporation has called for redemption on March 1, next, 7,082 its $4.20 cumulative preferred stock. Immediate payment of Diamond Alkali Co. Net 70,000 shs. (par $30) pfd. stock Broadcasting Conkling B. 170, p. As Outstanding conv. cum. Dec. Concord Fund, Inc.—Net Assets $300,000. and GIVING at = Zellerbach Corp.—Calls Preferred Stock— manufacturing 1949.—V. 172, p. 2479. a Net and by a larger volume of business now being done in the company's present facilities, and for the possible purchase of an additional factory building or buildings in en operation 2608. p. share, due March 1, will be made at Bankers Trust Co., New York, Wells Fargo Bank & Union Trust Co., San Francisco.—V. 172, was facilities manufacturing of 31, Commonwealth and due serially to April enlargement Dec. in 171, at that 1950—52 Wks.—1949 1950—4 Wks.—1949 stores 367 class to 3,000,000 shares (par 50 from 1,000 shares to 2,000 of While Forty-eight Percent- the of balance with 172, authorized the increase to " (par 50 cents). drawn < .. wholly-owned subsidiary, on erstein, who will continue as a consultant to the parent company. Mr. Conkling has been associated with Capitol Records, Inc. since 1944, where he is currently Vice-President in Charge of Repertoire. —V. 173, p, 102. 3% long-term notes issued April 10, 10, 1952, which are held by Society for Savings in the City of Cleveland and The New York Trust Co.; (b) $327,500 to reimburse the company's funds used for the purchase of certain buildings; (c) $200,000 approximately for initial tooling and the remodeling of the newly acquired buildings, and (di the balance to increase working capital required in connection with the remaining . voted 9 proposal to change the fiscal year from April 30 to Dec. 31, was This Unit- Inc., • 1945, ,-m-. $16,238,000 $14,041,000 $179,330,000 $168,559,000 _ were James PURPOSE—The company intends to apply the net proceeds from the Issuance of the.new shares as follows: (a) $300,000 to retire at par the ' • Columbia thereafter. dividends accrued and and dividends and chare A — Aug. on $1) from 1,000,000 shares the class B stock (par $1) Rapids plant Is in Co. and convertible into one share be redeemed all or in part at $31.50 per before Dec. 14, 1953, and at $31 per share stock Securities Offered — use Period End. Dec. 30— Preferred Stock Sold—An un¬ preferred 4.80% to ' Of $0.76 ' ' ' approved.—V. per Colonial Acceptance earned $157,314, comDared 1949, $50,143 in 1948 and $10,910 in 1947.—V. in Sales share), plus accrued dividends. The quickly subscribed for and the books closed. of share 2416. p. Colonial Stores, Inc.—Sales Increased 15.64%— per was 169, 1950, 31, at 120,000 600,000 $1.42 (par and shares its 373 300,000 share 1731, Crown cash company There 287,000 $453,211 600,000 outstanding stockholders Profit p-2022- & Co. on Jan. 16 publicly offered 50,000 shares of 4.80% cumulative convertible preferred stock ($30 also the taxes. -V. and income charges $101,046 Fulton, Reid par share BUSINESS—Corporation operates 15 loan offices in nine States. For the four months ended Sept. 30, 1950, net income of the company totaled $85,820, after provision for income taxes. In the year ended - derwriting group headed by Goldman, Sachs & at share— per per company's May 560,000 paid common p. stock A $34.92 $4.84 nd (est.) Corporate Investors, Ltd.—Capitalization Increased— 5,893,255 $41.35 $4.75 the 1949 $9,740,695 740,211 $855,046 per 172, The subsidiaries. 3hen and if additional funds are required to expand the company 1,000 2,000 2,000 800 -—V. 173, p. 2. Clark liabilities value from the new financing will be added to balances. Although it is the present intention part of the funds to reduce bank loans the company does not expect that the reduction in these loans will be permanent. It is anticipated that net proceeds of the sale may enable the company to obtain additional bank or other borrowings 500 1,000 1,500 2,000 I. M. Simon & Co.— Stein Bros. & Boyce Stroud & Co., Inc.___ Zuckerman, Smith & Co.__ 800 1,500 Co Hornblower Parrish & Co Reinholdt & Gardner Riter & Co Shields & Co 1,000 Co & & —V. 12,895,071 PROCEEDS—Proceeds 2,000 Curtis 1,000 3,300 1.000 2,000 Co.— & 16,619,705 subsidiaries. Jenks, Kirkland & Co._ 1,000 Johnston, Lemon & Co 1,500 A. M. Kidder & Co 2,000 Kohlmeyer & ,Co ; 800 Laurence M. Marks & Co. 2,000 Newburger & Co.__. 2,000 Paine. Webber, Jackson & 7,500 „1,500 Byllesby & Co., M. 19,386,262 — — of $500 principal amount of debentures and stock, at $500 per unit. The debentures bear fixed interest of 5% payable semi-annually, March 1 and Sept. 1. In addition, the debentures bear contingent interest based on consolidated net earnings of the company and its Shares 7,500 Inc.__ Co Whipple Bacon, H. Co. & 21,933,773 the 1950 $12,676,361 1,415,046 taxes—s taxes shares Earnings 10 shares of common * Securities Corp— American 363,654 assets of income The consisting company Brothers—— Becker G. A. 534,050 $731,439 159,715 of underwriters headed by Straus & Blosser and Sills, Fairman & Harris, Inc., on Jan. 16 offered publicly $1,500,000 of junior subordinated sinking fund debentures due Dec. 1, 1958, and 30,000 shares of $1 par value com¬ mon stock. The offering is being made in units, each increased to 1,466,119 in exchange for a like income dividends Cash group 15. and Dec. 1950. loans and 2479. income Common or debentures Shares Lehman $2,062,002 Current has agreed to sell to each of the underwriters named below, and each of the underwriters has severally agreed to purchase, the number of shares of convertible preferred stock set forth below opposite its name: .UNDERWRITERS—The $2,070,013 Colonial Acceptance Corp. fund before Federal 1947 $2,032,786 662,222 Current 60,000 shs. 11,866,119 shs. Inc.—Deben¬ $2,000,000 of short-term p. sales Profit shares 1948 profit Divs. to shareholders— was issued stock). A class of stock Earnings— (& Subs.)1949 ♦After used to retire were Year Ended Sept. 30— Gross cents) 1950 Earnings Industries, square "Net of shares of the company's common stock in exchange for stock of Oppenheim, Collins & Co., Inc., and Franklin Simon & Co. Inc., the number of shares of the company's common stock outstanding as at 15, contract for con¬ Avenue (Chicago) cost 29,500 Cockshutt Plow Co., Ltd. 1 between Co.—To Increase Facilities— announces award of a to the company's Fullerton addition an approximately $220,000. He said the new addition will feet and provide the company with both ware¬ house space and additional production facilities. The addition, to be completed next summer, will also permit the company to contract for military orders on a larger scale than at present.—V. 171, p. 1258, 1950, Dec. of Steel & working capital.—V. 172, 102. p. President, Taylor, to add „ issuance the of J. plan debt of wholly owned subsidiaries. Any additional proceeds will be added to the working capital of the com¬ pany and to the extent of any such additional proceeds the amount of funded debt ranking ahead of the convertible preferred stock now J As 173, Club Aluminum Products H. $1,500,000 of unsecured funded increased. increase the plans for the sale of the additional common immediate no this time.—V. struction in an amount up to $15,000,000) referred to above, the proceeds thereof will be applied to the retirement of all outstanding funded debt of the company and to the retirement of approximately will be at Copper Copeland Refrigerator Corp.—Earnings— to proposal a proceeds Increase Net < proposed offered approved 15 Jan. on *$5,604,392 3,000,000 shs. sale private the , stock common has stock Outstanding . value) par of event the "In stock— pfd. conv, Common pany Book $5,604,392 150,000 shs. (incl. promissory notes)— (cum.) $100 par value debt 'The to 2,000,000 shares from 1,500,000 shares. Leonard A. Huemmler, Secretary and Treasurer, stated that the com¬ $182,303,340, resulting in a for taxes on income and Authorized ■ Funded stockholders authorized EFFECT TO PRESENT FINANCING GIVING . 196,561,202 Jan. 16. on Capitalization Approved— in Increase The . and its subsidiaries for the fiscal ended Jan. 31, 1950, were reported as net profit of $4,581,293, after provisions minority interest. year CAPITALIZATION and equipment. plant Year End. Oct. 31— sales of the company Consolidated the of $ 41,287,004 240,732,886 2125. p. Privately—The $2,500,000 of 15-year 5% sinking fund debenture bonds due Dec. 1, 1965, sold to Connecticut Mutual Life Insurance Co., on Dec. 8, were placed through Lee Higginson Corp.; P. W. Brooks & Co., Inc.; and Aronson, Hall & Co., it was announced December, 1950, sold the $6,500,000 addi¬ sinking fund 3%% bonds due 1960 Equitable Life Assurance Society of the United States, thus increasing these borrowings to a total of $16,000,000 outstanding as of the close of the year. The proceeds are to be used to pay for additions and replacements Feb. 1, $ Placed tures in company to York. New in Simon Franklin and 172, Higher— 1950—12 Mos.—1949 • $ 62,400,000 —V. tional first mortgage shares is part of the the of Sales It Continental company's pro¬ gram for refunding the outstanding indebtedness of the company and its operating subsidiaries, and for obtaining additional working capital. As a further part of this program, the company has instituted nego¬ tiations for the private sale of an issue of up to $15,000,000 of sinking fund; debentures. The number of shares of this initial series may be increased for the purpose of acquiring a minority interest in Lit Brothers, Oppenheim, Collins & Co., Inc. and Franklin Simon & Co., Inc., three of the company's important subsidiaries. BUSINESS—The company is a department store operating and holding company and owns, directly er indirectly, all or a majority of -the stocks of corporations engaged in the operati^ of eight department stores and two chains of apparel specialty stores, and itself operates the Loveman, Joseph & Loeb department store in Birmingham, Ala. The company and its operating subsidiaries do business through 14 main and 19 suburban stores located in principal cities of 12 dffferent states. Its 11 main stores are Lit Brothers of Philadelphia; Swern's in Trenton; Maison Blanche in New Orleans; liowenstein's in Memphis; Loveman, Joseph & Loeb in Birmingham; Kaufman-Straus in Louisville; R. H. White in Boston; Oppenheim, Collins in New York; Richard's in Miami; Wise, Smith in Hartford, sale PROCEEDS—The $ Placed—The Privately Inc.—Bonds Foods, Clinton plus accrued dividend. price is $103.50 per share Initial redemption completed on was >1950—3 Mos.—1949 Period End. Nov. 30— $25 per discount of 45 cents per share. the same day.—V. 172, p. 1632. Consolidated Vultee Aircraft Corp.—Sales . (par $1) share, with a dealer's at $21 per and through 1, 1961, and at $31 per share thereatter and through after which the shares are no longer convertible. Feb; ondary offering of 3,500 shares of common stock was made on Jan. 5 by Blyth & Co., Inc., at f' 1966. Offering—A sec¬ Cleveland Cliffs Iron Co.—Secondary •> Stock Offered—An issue of 60,000 shares of 4V4% convertible preferred stock, $100 par value, of City Stores Co. was offered on Jan. 16 by an underwriting group, headed by Lehman Brothers and A. G. Becker & Co., Inc. at $100 per share, plus accrued dividends from Jan. 1, 1951. The shares are convertible into common stock at varying prices through March 1, City Stores Go.—Preferred , 3 (379) Chronicle The Commercial and Financial . 4 (380) The Commercial and Financial Chronicle Dow Chemical Dr Mark deed a E. authprization former defense for soon 1 Manager, General be Spring utilized of Defense, plant at for of Jan. on Services 15- announced extruding will plant completion of taken be installation the opening Present plans production as for Dr. Mark E. received for also Putnam letter a defense of announced intent from Jan. on the* U. 15 S. that ' : the Government a is mobilization in being of end World War INCOME _J Canadian the There and inc. have March of •The the V. prof, exc. taxes 1,242,419 ~~~ « to common stock———___ stock for tax 19,388,999 6,141,966 • on ,— 2.68 Federal imposed income and profits taxes 1950.— Co. to its research Jan. 25,000 share per filed 11 Shares'of letter a of common'stock through Mortimer in field the notification (par Burnside B. $1) &' Co., equipment. proceeds are to be used to pay for Board of Governors of the New York The Curb of Other due bidders, Bros. 1980, and & ot to of The regular jhrblic be to all at 102.335 naming Hutzler protect the and basic PROCEEDS—Proceeds part be used in pany's to 1950 of 75% law, 1951 to Dick Paso, aftd to 2%% a of Jan. on 17 pany supplies and 22 the in 12 ol and stock common not in with Jan. yield 2.76%. The- bidding Jan. the of for portion a an the estimated Oct. 31, GIVING bonds will the funds Rio Grande be 1950, used the of in 237,000. TO / price, of -"v. contained $70,000 und payments reacquired in and in the held for other in ^Pursuant be - principal, agreed amounts Webster & Co., The 173, p. First of purchase, & Blyth _ —V. to -Stone • to the as Inc.— Boston . * new than Dec. corri^ /a !r^!lt«ny+*W construction ■■ in Profit American & Foreign to be 2,000 Inc.- Hemphill, Noyes, Graham,. Parsons & Co./: 6,000? McCormiclr & Co.—_ McDonald 2,000 2,000 Merrill !_ 1,000 Co & Lynch. 1,000 Pierce, 6,000 Piper, Jaffray & Hopwood 2,000 Putnam 2,000 Rogers & Tracy, Inc Scherck, Richter Co Smith, Barney & Co Co u Ripley & Fenner Co., 6,000 ,' Van denced by promissory a has company note will Dec. 1, 1951, Food approval from holders" under & & Beane 6,000 1,000 Co & of for one Co. 1,000 1,000 6,000 1,000, Inc Alstyne Noel Corp.— 1,000 note informed mature and is the the at secured by mort¬ newly constructed New semi-annually Interest is and York from rate of thereafter 3.2%V. Stock June 4*/4% 173, Exchange 1, 1951 the for 12 would called. be the 1950 tanks ings ; ' 1949 will 16 announced that it has been substantial The •General Other buildings and production located 173, 8. V P. facilities the on for company's the 1,423,601 i: tract $3,035,653 $2,401,768 800,000 800,000 $1.73 house build¬ Jose. San •/ Co.—Statement of Income1950 1949 $759,672 $848,887 482,219 — 579,478 59,519 62,485 * ——~ 1 1—1 85,419 • —— deductions, Interest, 91,327 Dr61 Cr94 54,271 etc.- 56,728 $1.36 _ outstanding— —_ Income tax———— ..'' Net: income —V. cost to 15,000 shs. through • 19,904 17,209 The $55,313 with the Federal about $44,720 increasing demands announced underwriters bonds which they the per -rV. its The i .. the have $1,500,000 Corp., first 941,689 941,689 000 on ■ . SEC installa^ p. par proceeds estate, developed jointly by this corporation and the this process possible, was demonstrated lo the at annual stock and The issue 1,000 < replace future needs. > ' 1950—12 Mos.—1949 _ . , - - v , (par 10 cents) in units of a $1,shares of stock at $1,000 per oversubscribed. was proceeds 1031.. p. Jan. on filed 10 letter a of notification 'The Of ' to be used Dec. 29 filed are retire to be to used loans,1 and improve for and working modernize plant of Dec. net to pay short-term Fisher On Jan. 5, 1951, debt and for with j Net income Common the idend $25.12 $1,000,000.—V. 172, p. and oh prices after redeemable Jah." 1, ranging from $103 PROCEEDS—The sale 1952, to retire at balance of to of $100 sinking fund at $100 than' for use all of ;37,807 the its the outgrowth of single a retail from the outstanding, meat store Harrisburg, Pa., by Samuel Friedland, Chairman of company today operates 120 self-service supermarkets in the the East Coast, seventh country. when 22 and in on sales the basis volume of among published all of were operated, with 615,620 - $2,353,546 tax 610,442 $0.64 of extraordinary credit. tAfter Nil charges preferred div¬ 172, p. 380. shares per Net retail the in in the Board, states seven J common & $1.76 $2.01 $1.97 requirements.—V. per * _' common , z 2303. 1950 : 1949 210.000 — , . 210,000 $6.21 $4 09 • -Gleaner Harvester Corp.—Earnings— 3 Months Ended Dec. 31— Profit $1,056,951 before Provision figures . 1950 Sales income for taxes income 294,922 — taxes . sales p. $17,086,000 $14,640,000 1,305,000 859,ooo / share 1779. p. 371, Co.—Earnings-- Sept. 30— taxes—, outstanding shares 169, 331,051 after Earnings 1948 $755,436 331,051 share— dividend 1949 $670,937 331,051 ; —V. Subs.)—Earnings— $741,392 outstanding— preferred income (& 1950 taxes the founded is 1949 $328,545*23,897 128,921 1 grocery chains increased from $13,760,889 in $164,625,893 in the fiscal to *1,888,711 1_—„_______ to $964,689- Federal Sales Net income Capital the company has 1949 $4,596,079 444,911 effect Gladding McBean stock . markets 1950 $7,035,162 Sept. 30— after 9 Months Ended added to its general funds. The latter may be used in connection with contemplated construction and equipment expenditures during 1951 of approximately $4,100,000. * 2379. : . share giving and Common are p. Corp.—Earnings— outstanding common after income "After share fund at., sinking proceeds proceeds being BUSINESS—The per "Earnings per outstanding $2.50 cumulative shares ' . taxes—- shares loss Common share. per will share per which the other and company $53 stock, for after 9 Months Ended 2220. $4.20 cumulative preferred stock ($15 par value) at $100 share plus accrued dividends from Jan. 1 last. is V'*1. Plywood General Railway Signal Co. per stock 172, produced for this corporation's five pas¬ 3,175,444 bodies and body sets in the year 1950, 138,460 units were marked for export and to requirements.—V. 1949 Food Fair Stores, Inc.—Preferred Stock Offered—East¬ man, Dillon & Co. headed a banking group which on Jan. 17 offered publicly a new issue of 80,000 shares of new stock.—V. Division • • write-offs Net The notification $595,000 — total net assets crossed ' -- and $29.67 debentures and of Fiscal Year Ended Oct. 31—Sales- tEarnings 1950 " — Body divisions car General and $985,000 ——: the above letter a thisj total production, the capital, 31— assets on Canada. Highest monthly production was made in June with Fisher producing 322.810 bodies and body sets that month.—V. 173, p. 8. ^ , to are covering •' with corporation senger meeting of the American Fidelity Investment Associates, Inc.—Assets Rise— apparently 2480. possible ' . to December, General Motors Corp.—Fisher Body Output— v • - , . Syndicate, Inc., Cortland, N. Y.—Files— Sales volume 172, in was "/.< • . common net The makes Jan. . Ex¬ for , was dividend meet •' 1950—Month—1949 200. p. debenture unit. $1.50 . SEC covering $250,000 of 30-yfear 5% registered debentures due Jan, 1, 1981, to be offered at' p&r (in units of $50, $100, $500 and $1,000), without underwriting, - ; ^ on above.—V. camera which time Net assets per share. bonds, Inc. $1,467/331 The corporation Total 1. the bonds and debentures increase stock the it '•<•'•; $12,148,605 $10,543,370 $129,679,303 $122,636,413 173, *Net 200. ? increase shares, , stock to ■ ■ Gamble-Skogmo, Inc.—Dec. Sales Increased 15.2%— 2023. Farmers real was ' to 3,000,000 - . Appliance Corp., Springfield, Mass. — Securi¬ ties Offered—Gearhart, Kinnard & Otis on Jan. 7 offered $30,000 of 6% 10-year debentures due 1960, and 30,000 936,700 $1,859,096 $1,91 to " shares Stock— proposal General 1949 1,500,000 and Co. 1950 share a '' purpose of the issued for the 20% additional 2220. p. on 1,500,000 ■ t Period End. Dec. 31— $15,114,010 $12,011,950 3,272,296 2,404,331 Society of Photogrammetry in Washington, D. C.—V. 172, of , Stock shares provide from 7 the Sales 1,413,200 common 16. said Feb. , outstanding—— "I.D." new the "The York 172, ; 200. p. Fairchild Camera & Instrument Corpc—New Product— Multiple identity photos in less than 60 seconds providing wartime 1,500,000 New to shares of Polaroid to ■ 243,191 vote stock Jan. company and ; taxes— shares " shares and on the ; Power upon 173, will common station compressor $1,045,000.—V. — stockholders »The new v. 108. p. Fruehauf Trailer Co.—To Increase ^ sinking 907 172, authorized 2399. p. . subject requirements an1 new to in .■ expenses income Federal 1,756,6i0 of The program. 90-acre . revenues taxes Income $6,514,716 awarded number exact Depreciation ' — _ •—i_-—; p. * Big Ordnance Ten Months Ended Oct. 31— 3,625,369 ' 1,713,140 be Operating Operating .1943 4,748,793 Jan. on Frontier Power ; 525.000 profit 172, to ' ' to Calif.—V. (& Subs.)—Earns. 11,969,773 —_ corporation Army Ordnance contract to produce a type vehicles in the land tank program.' announced / Machinery & Chemical Corp. administration Exchange that offering of rights to previously The of authorized 1 of ; taxes-——, • that through months '/ 8. p. super¬ type and number be built could not be disclosed, but the contract involves an immediate expenditure of $42,000,000 for tooling. The corpora¬ tion will begin at once the construction of new of each > 4.930,062 171, , 2,000 Contract— Missouri- all for the"* and purchased working capital. Co.—Securities Placed Privately Power underwriters stock Shares- 23,000 Inc._ meeting adjourned until identification, for .personnel- in plants, -offices and military tions are now possible, it was announced on Jan. 10. Electric Bond & Share Co.—Unit Files PlanSee Co.— & 1970. York-stock proposed been- had — before Net. —V. $1,250,000 of the debentures, bringcompany is paying the lenders a standby the undelivered bonds and debentures. The p. & Co. 1, $74,188,297 $40,543,925 $30,926,842 taxes- shares).—V. Provision the institutions have agreed to purchase 1951, an additional $3,750,000 of the 173, several preferred 6,000 Eversharp Inc.—Earnings- 1 issued —„ US^ the,';)roceeds from both costs.—V. 18 its Sales income The on New of for that 31, Dillon Becker Dec. number "9 Months Ended NoV. 30— . J381,994shs. debentures !horilenif^to $8,000,000. large of of 1 % 1951 of 2,000 —V. for ,_ advised ^iiruiging them to $28,000,000; year. of. the names shares follows; as new a f None §Includes Corp.—— , interest from Nov. ■pie company stated later Jan. project is estimated to preferred ot the date Washington County, Pa., to help meet natural gas transmission system. The . ? create rights and redemption by the directors. fixed ih change, it issued to institutional investors in December $15,000,000 of debt securities. The sale included $11,250,H)0 of first mortgage pipe line 3x/4% bonds due 1965, bringing the outstanding amount of these bonds to $24,50,000; and $3,750,000 of sinking fund debentures, dueJ Nov. 1, 1958, raising this issue to $6,750,000. The princi¬ pal institutions participating in the financing were Equit¬ able Life Assurance Society, Metropolitan Life Insurance Co. and Sun Life Assurance Co. of Canada. The price tO the utility for both the bonds and plus accrued Ad¬ Equitable Gas Co.—Plans New Compressor Station— As has be The company on Jan. 4 filed an application Commission for authorization to construct a - 4,500,000 j.2,500,000 follows: Corp Gas of 80,000 shs, 2,130,014 shs. 2,500,000 shs. ii— one gages on five of the company's markets. • ; company conduct 11 sharc___$3.70 per fractional 200. 'EI Paso Natural —The series of value) Note Placed Privately—The corporation has borrowed $595,000 from Mutual Benefit Life Insurance Co. of New¬ ark, N. J., it was announced on Jan. 18. The loan is evi¬ by $1,000,000 periode on 1,759,610 shares of capital, stock out-, standing as of Oct, 31, 1950. On Dec. 15, 1950, the company dis¬ tributed a. 10% stock dividend, which increaoed the numbei of out¬ standing shares from 1,759,610 to 1,935,187 (cash being paid in lieu of in1 $6,000,000 redeemed several the are Securities are . conversion tax—— shares resale. of stock, par Inc. annual was preferred rate, taxes—__. profits ($1 numbers Harriman like amount of ordinary required the " income The respective available a shares. 750.000 informed income income "Based Texas net ./ be may annually thereafter. names increase to — before *1,947,829 145,000 shs. — First California $5,000,000 to made the basis would record . the on cumulative would stock has the be $8,000,000 Central Republic Co. (Inc.) Drexel & Co | • proposal, 100,000 shares of new cumulative •' be authorized and 57,846 of, these would 500,000 new $8,000,000 Alex. Brown & Sons 23 agent, . would also * Outstanding ' - - Blyth & Co., Inc , at " , issuable Rollins &. Co. G. Blair, , amendment, Fiscal Year Ended Oct. 31— sales _L Net Net Texas revenues 15,000 shs/ series mortgage. and UNDERWRITERS—The severally fund would meeting Emerson Radio & Phonograph Corp. '-J amount principal 1951 1 381,994 shs; — indenture, the 173, p. 200. *Earnings FINANCING 4,500,000 2,500.000 •*4.50 dividend pfd. stock (no par value) Common stock (no par value) or taken . FINANCING Shares Outstanding 1,000,000 ——. 2%% series, due 1980——— 3*4% debentures, due 1969—— I mitations A, will Co.—Meeting shares, common dividend the Earnings PRESENT $6,000,000 same the stockholders stockholders. date.—V. com¬ The communities operating $6,226,421 and of 2%% of stock Eastman, A. be up money 'in. the was the with*' V Outstanding 7% shares .from will Capital expendituresfor Valley Authorized mortgage bonds— series, due 1976 3*4% series, due 1978_. stock pass the common company Excess construction of population EFFECT 'First to of terms to Common bonds bonds,, series balance which $2,848,492. PRESENT Emanuel, Deetjen & Co.— be The .■ outstanaing available pfd. cum. UNDERWRITERS—The through nexj, ' due ^ value), par "Includes amounts due within a > 3 and was TO 1951 The with debentures, —— div. Common *:: in area $1,377,109. •Additional project. Pittsburgh and amendment 16 •••>'■ held. 31 Profit interest energy at retail in 19 The company reported ended CAPITALIZATION KW Payment t borrow Manufacturing Jan. amendment Federal program. an Mexico. months of For $101,618,276 *1,947,829 series supply, each- 1, Interest. to period EFFECT operation. totaled the 1950 fiscal year amounted Stroud the use preferred on week — ($15 respective 3 !4 % 2220. proposed preferred stock offered The , 170, p. 302. is electric New AEC fund 1965-, in $4.20 The the provisions engaged in the business of generating and ' energy and distributing and selling the same in electric Mexico to 1, skg. stock „ units, line, $2,000,000 is to Electric the of The rate,- included Merle-Smith (jointly), 101.418; Equitable Securities Corp., 101.222; the/Company construction Texas, New Jan. Pfd. had drawn $2,500,000 against the & Trust Co. p. 28 in were volume & the. sale provide BUSINESS—Company purchasing 500,000 a lines March on accrued the GIVING 1951,, it/will 172, '■'"•v-; was Under common yield. from reimburse and and for markets eales , mortgage company credit stated the on ■ common , will first and 113 1950 Net Income for Mortgages , The scheduled balloting was postponed because , the redeem, on or about March. 1, 1951, $1,000,000 of 3V*% first mortgage bonds, due Feb. 1, 1978, at the regular redemption price of 103%% (exclusive of interest accrued to the date of redemption) and to pay the principal, without premium, of notes held by.banks estimated to aggregate $2,500,000 principal amount as of the date o? payment, approximately Feb., 1, 1951.. The balance of the proceeds El total the to made the 2. p. arrangements Dec. 1, last, shareholders Jan/29. offered redemption price starts at 3 points above the Initial pricJ and the sinking fund redemption price is' de- offering igned - of generating 3 73, redemption of made on convertible $50 par with Halsey, Stuart & Co. Inc., 101.269; "Odder, Peabody & Co., White, Weld & Co. and Shields .& Co. i jointly) >101.22, and Merrill Lynch, Pierce, Fenner & Beane, 101.1399, , for 104%" at has 31, the Offering group was awarded the issue at competitive i6 on a bid of 101.906. Galomon four operate 3% 15-year borrowed be . company common bonds, called National Bank vote class • El Paso Electric Co.—Bonds Offered—Stone & Webster Securities Corp., Blyth & Co., Inc. and The First Boston Corp., on Jan. 18 offered $4,500,000 of 2%% first mort-* gage and transmission requirements include $124,000 business.—V. No Inc., New York. Exchange the listing of 25,000 additional - shares issuable for cash sale to underwriters.—V. $1), related Guaranty Trust Co. of New York. provided by the Bankers Trust Co. be its be authorized (par to (Inc.)—To Expand facilities Duraloy Co., Scottdale, Pa.—Files With SEC— covering to cost journed— expand ^ The construct 1970, Emerson . SEC is will 1 to energy $4,014,883 the plans on Of The . V.'i' for beginning construction this Spring of four new buildings on a 291-acre farm in Oakland, Del., about 16 miles from Wilmington. When completed in about a year, three of the new buildings will be used for research on nutrition, biology and animal diseases and the fourth for a service center.—V. 173, p. 103. -at $3 Energy Morgan & Co. Incorporated, sinking New York 8, N. Y.—V. 173, p. 103. Dec. The is reflects Profits Tax Act of excess the Excess by of the Mellon of company $66,500,000 11, CAPITALIZATION located promissory notes from three banks. The company reported to the Exchange that the notes bear interest at 3%> annually by animal medicine and nutrition. The $2,700,000 program calls The this, when Nov. Authorized Electric P. company credit. . 5,183,791 Research Facilities— > Of of and will and are to mature 199. company facilities to require¬ be 1950, 30, ended Monday, January 22, 1951 " New York Stock 13,890,997 3.16 outstanding.-, share—L—i (E. I.) du P?nt de Nemours & The the station been 1, Street, The 9,181,581 provision p. to v Elliott Co.—To Borrow from Banks— - 500,000 15,133,416 - common additional 173, Commission $ 600,000 *27,236,658 common per Energy proposes fund, J. at Wall 1949 —20,143,810 •- applicable Earnings Atomic April weeks 120 markets in operation. Electric 172, p. 2378). electric sinking 154,181,340 101,646,310 companies V. station the 'As Ghares author¬ Elgin, Joliet & Eastern Ry. Co.—Partial Redemption- c dividends.-!-...!——;—754,811 income Income the capacity of 125,000 KW.-V, made 1950 ' associated Preferred stock a-decision by each, ACCOUNT $ Net 28 of pro¬ UN¬ 6ix Months Ended Nov. 30— and ended Approved— issuance * that Energy due the CONSOLIDATED Federal of - generating part rated The Velasco magnesium plant, utilizing sea water as the raw mate¬ rial, is a government- owned plant that has been maintained in standby sales ■ $70,000,000. in Electric proposed necessary rehabilitation for the operation of this plant is under government supervision. It is expected that partial duction of magnesium will begin in early spring of 1951. Dividends from the two electric > program. The Net project estimated Service Co. company for the done conditions .since announced institutional investors (which is to be the subject of> applications to the Commission) and $3,500,000 is to be sup¬ plied by the purchase, at par, of shares of the $100 par common stock of Electric Energy by the five companies, ■ (see Central Illinois Public Government magnesium facilities at Velasco, Texas, production of magnesium from sea water under the national the of Paducah, Ky. from the of 16 future To Operate Wartime Magnesium Facilities— reopening Jfn. on approximately possible. as has at It immediately. and ments for magnesium SEC izing five utility companies to organize a new company, Energy, Inc., which is to supply, in part, the electric energy ( " the The under company for the on Jan. 12, 1951.- this to and Electric Energy, Inc.—Organization that Administration, Madison, 111. rolling purposes. Possession call the Secretary Steel will plant General by the of Standard The Co.—Purchase of New Plant Facility— Putnam, delivered was " ;, . 1937* year Earnings ! shares per "Loss.—V. 169, p. 2209. j, *$23,897 400.000 400.000 $0,41 outstanding share $166,001 Nil Number 4979 Volume 173 Board authorized 173, of 159,142 shares of class B common stock cash sale pursuant to an underwriting agreement. Feb. 1, a to determine the exact number of shareholders but there approximately 27,000 registered shareholders, and an estimated holders of bearers share warrants, or, roughly, 53,000 share¬ holders. Over 25,000 registered shareholders and the greater part of those who hold shares in warrant forms are located in Canada. The remainder are in the United States and 39 other countries.—V. 172, possible are Subs.)—Earnings— (& Co. Gliclden 1950 $ ' 188,607,966 160,143,276 14,437,660 10,148,923 sales Net — profit Preferred dividends outstanding.^.^ shares •Common , •Excludes —V. 173, , listing the with connection York Curb Exchange on Jan. 17 additional shares (par SI I, issuable a meat processing plant and equipment.—V. 171, 260.000 of 360. p. before Profit income income Federal 30— taxes * ._ income Net tEarnings per share.; common preferred dividend tAfter •Loss, $255,801 555,937 ______ outstanding..—. shares Common Net 1350 —_i $3,344,218 taxes.——472,251 216,450 sales Net of 1949 $6,513,624 *509,179 . Cr231,488 Net 1948 $7,150,098 '62,066 Cr23,585 in SO.39 Nil requirements.—V. 172, p. 1436. Nil its • ; - • • Great Atlantic & Pacific Tea Co.—Secondary secondary offering of 5,625 shares common stock (no par) was made on Jan. on company Jan. 10 filed a Offering of non-voting 17 by Carl M. 108. letter of notification with the SEC stock (par $10), to be offered to rate of one new share for each 15 shares The unsubscribed shares will be publicly price. The proceeds are to be used for working present stockholders at the held, at $30 per share. the at offered same capital.—V. 171, p. 192. rumors Gulf state¬ localities." The " company business marine , said that rumors of its withdrawal probably resulted from a letter written from the retail by the company that Gulf would not supply high octane gasoline racing drivers gratis, as had been the practice for several company explained that the gasoline so provided generally suitable for military aircraft operation.—V. 173, p. 104. stating erect to President. proceeds will be "used for the erection of an additional the company's Chicago, 111., plant.—V. 167, p. 1364. The (& Subs.)— Earnings1949 1948 $3,901,074 $3,329,911 $6,059,264 218,500 149,705 408,648 410,000 410,000 41u,000 $0.47 $0.30 $0.93 1950 Net sales Net income after taxes—___.—__—shares outstanding—--— - Common •After building Steel Products Corp. Fiscal Year Ended Sept. 30— common registration seeking filed 5 share——- preferred dividend requirements.—V. 173, p. 104. Corp.—Dec. Sales Show Gain— Period End. Dec. 31— Sales — 1950—Month—1949 1950—12 Mos.—1949 $3,603,383 $3,298,340 $28,097,161 $26,901,936 172, p. 2380. —V. been were Corp.—Preferred Stock Placed Pri¬ vately—An issue of 3,500 shares of 5% preferred stock (par $100) has been placed privately through Reynolds & Co., it was announced on Jan. 15. ■ . ■. Hunt Foods, Inc. Period End. Nov. 30— sales—;— Gross —V. (& Subs.)—Sales Increased— 1950—3 Mos.—1949 1950—12 Mos,—1949 $23,823,631 $12,366,676 $59,527,899 $42,837,467 2380. 172, p. (F. C.) Huyck & Sons, been Francis Rensselaer, N. Y.—New Pres.— Holden of New York City and New Canaan, Conn., President, effective Feb. 1. He succeeds the late Huyck Eldridge. Mr. Holden has been an executive of Sylvania Grenville has Ross elected Electric Products, Inc.Harry of Eldridge, grandson of the founder, has been elected Chairman to succeed James L. Braman, who resigned.—V. 168, Board the p. 743. of shares a & Co. of is Denver named the as of the company have subscribed for cents per share, on which $13,000 has paid in and 26,000 shares issued. An additional 2,000 shares issued to Robert D. Bowers & Co. for services and expenses. and promoters shares at 50 common shares 127,800 the on basis shares 127,800 weje of one June, in offered 1950,- in exchange for bushel of No. 2 wheat; and share for one have Power Co.—Starts New Development— has begun construction of an $18,500,000 hydroelectric development on the Snake River 20 miles from Mountain Home, Idaho, with Morrison-Knudsen Co. holding the contract it was recently an¬ company nounced.—V. Certificates— holders, Trust Co. of New York has been appointed agent purchase and sell scrip certificates for common stock 1951 until Jan. 12, 1953. • j to Jan. dated 12, Inland Gas Corp.—Trustee The U. of Loses Damage Suit— Circuit Court of Appeals on Dec. 28 upheld asking treble damages totaling $52,167,987 from & Electric Corp. (now known as The Columbia Third S. missal a suit Gas Inc.). had previously suit The dismissed been dis¬ the Gas by U. S. the Judge Richard Rodney of Delaware on grounds that limitations prevented the action. That decision District of statute affirmed the by Circuit Court in an opinion was by Judge Herbert F. Judges Harry E. Kalodner and William Hastie con¬ in the suit was Ben Williamson, Jr., trustee of the Inland Gas Corp., distributor of natural gas to industrial com¬ panies in the Midwest and South. He claimed that actions by Columbia, in violation of the anti-trust laws, forced Inland out* of business and caused Inland to become bankrupt in 1935. As a result, he said, stock and bondholders and other creditors suffered losses Goodrich, with to $17,389,329 and were entitled to appealed to the Circuit Court after amounting Williamson by the Delaware District treble damages. Mr. dismissal of the suit an a convenience a to its large volume shareholders in Canadian and Federal for 251,477 641,850 __ 288,847 $811,320 taxes ______ $438,530 _________ __ 362,500 364,700 ___ paid above figures 172, England.—V. $448,820 $73,850 p. Australia do not include any income from 1533. the New York area where Kelsey-Hayes Wheel Co.—Earnings— Federal Net taxes_:______ income §1,900,000 taxes. income 1948 $19,743,487 2,088,434 112,520 793,605 $23,781,851 $16,544,311 2,983,000 1296,105 __ before Profit 1949 1950 3 Months Ended Nov. 30—• Sales $1,294,829 $183,585 290,285 328,244 $1,083,000 income 290,285 328.244 t$0.23 $2.09 •On combined class A and B shares under the participating pro¬ visions. tEarned per class B share after dividend requirements on class A share. tAfter $199,529 loss on sale Monroe plant and $131,625 premium paid on bonds redeemed. §Includes provision for estimated Class A shares outstanding Class shares 290,285 328,244 outstanding B •Earnings , $1.75 share per tax.—V. 172, profits excess 12. p. Co.—Earnings— Kern County Land Oil & —V. royalties gas 172, 1950—11 Mos.—1949 $1,307,190 $15,468,030 $15,854,283 1950—Month—1949 Period End. Nov. 30— $1,373,452 rec. 1929. p. Up 13%— Keystone Custodian Funds, Inc.—Assets reported 1950 year-end assets of $221,900,000 compared to $196,615,000 on Dec. 31, 1949. Distributions from income sources exceeded $11,000,000 for the 12 months, or nearly The corporation on Jan. 12 $1,000,000 mere than was paid out in 1949, Distributions from un¬ realized capital gains of over "$1,500,000 were far in excess of the $137,800 received by shareholders,, the previous year. Shareholders totaled 50,700 and shares outstanding almost 14,500,000 as of Dec. 1950.—V. 173, 105. p. * 31, , • Co.—Awarded Government Contract awarded a government contract totaling $1,500,000 for the production of 20 MM projectiles M-99, it was announced on Jan. 15. The award was made through the St. Louis District Ordnance Office. Work on the contract, which calls for 6,500,000 units, will start shortly, and production will be housed temporarily in the company's present buildings at its main plant site, Bent and Potomac. Additional facilities totaling approximately $50,000 will be set up by the company to handle the increased producFon, and governmentfurnished facilities to the extent of $148,000 will also be added. R. S. Knapp, Executive Vice-President, announced that the companyhas been company has also received contracts to be used from the Navy Bureau Ordnance for 250,000 lank cartridges, and for 500.000 gas The cylinders are of 3/50 supports for nose cylinders the type quantity during World War II.—• the inflation of life vests. in produced by Knapp-Monarch in large V. 166, pt 2560. Lear, Inc., Grand Rapids, The Corp.—Earnings— net . Corp. Unit— International Telephone & Telegraph Becomes President of Laboratories — Halsey nounced i8. Jan. on > . Telecommunication Laboratories is the supervising and coordinating organization that directs the activities of I. T. & T. laboratories in the United States, Great Britain and France, as well as the research facilities of associated companies in more than 20 countries throughout the world, >. / , . Admiral Halsey is also a member of the board of I. T. & T. and Chairman of the board of directors of All America Cables & Radio, William P. Lear, the selling to stock¬ . Co.—100% Stock Dividend—• two-for-one split of its common their annual meeting on approval by stockholders at subject to stock, held. One additional share would be issued for each share Under the plan the outstanding 950,780 shares of $25 par common would be changed into 1,901,560 shares of $25 par, thereby increasing April 18. number of 1,455,602V2 shares (of which 504,822y2 are 2,406,382Vi. increase in the capital of the corporation repre¬ sented by the additional 950,780 shares would be accomplished by the transfer to capital of all capital surplus and a portion of earned the present unissued) to $23,769,500 surplus, , , the stock split, "directors hope, on the basis conditions and Federal taxes, to pay a regular dividend of $1.20 per share per annum," the company states. The present regular dividend on shares now outstanding is $2 per year.— If shareholders F. Halsey, Jr. (USN retired) has been elected President of International Telecommunication Laboratories, Inc., asso¬ ciate of the International Telephone & Telegraph Corp., it was an¬ Admiral William Fleet go 16 proposed a The directors on Jan. The 378. to proceeds were 170, p. .1497. Lehigh Portland Cement 1950 1949 $182,571 $152,017 Earnings per share —...—.— . $1.82 $1.52 Assets of $51,839,000 were reported by the corporation, including $629,000 in cash and $50,464,000 in mortgages. Savings banks of New York State hold all of the corporation's $44,995,000 debentures returning 3 to 3'/e % on maturities ranging from 1953-1960.—V. 169, Mich.—Files With SEC— corporation on Jan. 9 filed a letter of notification with the SEC covering 20,000 shares of capital stock (par 50 cents) to be offered at $5 per share, through Gearhart, Kinnard & Otis, Inc., New York. This offering was later withdrawn. The Year— income of V. 172, p. approve business present 1534. International Inc., I. South T.'s communications company which serves and the West Indies.—V. 173, p. 201. & T. Central and Lehigh Valley Transit See Jersey Central Power & was preferred stock (par $100). new construction.—V. 172, p. for Light Co.—Financing- reported on Jan. 12 that this company in the near future with an offering market 2380. sales 11.8% Higher— 1950—4 Wks.—1949 Period End. Dec. 30— $16,368,899 $13,788,263 .... probably will be in of 40,000 shares of The proceeds would be used to pay Jewel Tea Co., Inc.—Sales 1950—52 Wks,—1949 $188,688,928 $168,787,620 173, p. 201. I The ■ Laughlin Steel Corp.—Split, Etc. Voted— stockholders common , stock, on Jan. 17 approved proposals to increase the increased indebtedness and give key em¬ See details in V. 173, p. 104. authorize ployees stock options. Power Lerner Stores Per. End. Dec. —V. it National Co.—New Control— & Light Co. below—V. 171, p. 1569. Corp.—December Sales Show Gain— 1950—Month—1949 31— $20,082,321 $17,885,795 Sales America Jones & of trading in Imperial Oil stock, this company, affilia-te of Standard Oil Co. (New Jersey), has appointed Bankers is $378,874 6,403 holder.—V. Court.—V, 170, p. 787. Institutional Securities Calendar Net Retail 171, P. 2400. New York— As $1,721,338 Plaintiff curring. Imperial Oil Ltd.- -Provides Stock Transfer Facilities there $898,05J 80,824 261,765 income The Guaranty The for —"V. n $1,637,001 34.337 t r Knapp-Monarch Industrial Rayon Corp.—Scrip the Idaho 1949 1950 : income gross Subs.)— Wholly-Owned (& Co. & from operations NOTE—The or wheat new The Kayser 1330. 172, p. Balance, to earned surplus been subscribed for but the company has taken delivery of only 1,500 bushels of wheat dhd issued 1,500 shares 'of stock therefor. " ; Oliver 3. Brcwn, of Liberal, Kens,, is named as President and Chair¬ man of the Board of Directors.—V. 171, p. 2511. p. Humboldt Plywood level the above registration ___ Howard Stores the loan will be called.—V. Dividends a 2,832,200 of Net plant. Organizers 38,000 System, ing to Alfred B. Geiger, prices raise to estimated its Columbia Privately additional 3% sinking fund debentures, due Jan. 1, 1968, to Equit¬ able Life Assurance Society of the United States, accord¬ •Earnings per Jan. was Bowers plant, a The was a type F.) Hall Printing Co.—Debentures Placed—The company has sold $1,500,000 of Hercules Commission— on at $21,500; erection of a building, $181,950; for building installations, $57,450; engineering and other fees, $131,600; ten different departments and plants, each costing from $45,000 to $175,000; $2,660,000 for working capital; and $300,000 as a reserve for contingencies and general corporate purposes. The company has an option to purchase 85.9 acres of land adjacent to the city limits of Liberal, Kans., on which the company proposes of to marine years. (W. at Co. proceeds would amount to $5,437,824; underwriting commission, $815,674; and ret proceeds to the registrant, $4,622,150. The proceeds would be used by the company to acquire a site for the erection the to the contrary, this corporation will continue mar¬ marine gasolines and other products through its dealers operating waterfront service stations. The company has issued a ment branding as "completely false" statements in some sections of the country that Gulf is discontinuing retail marine sales. C. M. Gile, Vice-President, said that the company's laboratories are "working on several new marine products and our sales forces are making a determined effort to increase representation in a number of Despite Co., Denver, Colo.—Registers gross wheat keting Total and will receive 15% of the wheat receipts or 15% of the proceeds of the sale of the wheat. Based upon the $1.92 per bushel price of wheat in eastern Colorado on Dec. 1, 1950, assuming the sale of all the registered shares, the Also, Corp.—Denies Rumors— Gulf Oil The guarantors will less than $15,000,000 Interest stock, shares of common 10,000 covering 274,081 "underwriter." is one of the promoters and a director of the issuer. The has undertaken on a "best effort" basis to I sell the D. underwriter Dallas, Tex.—Files—Rights— Gulf Insurance Co., The $488,270 205,515 offering (labeled in exchange for but Bowers Mr. Loeb, Rhoades & Co. at $136 per share, less a dealer's discount of $1.35 per share. The offering was oversub¬ books closed.—V. 172, p. not income Other cash —A scribed and the stock cash Robert essential development of military and other not agreed company (Julius) "speculation") is to be made not on the basis of one share of stock for one bushel of No. 2 grade winter wheat or its equivalent. Wheat deposited by the purchaser as payment for stock will be sold by the company and the proceeds therefrom, less underwriting com¬ missions and other expenses, used to carry out its program. 173, p. 104. applications.—V. worth 6 Months Ended Dec. 31— stock (no par). organized in May, 1950, to engage in the manu¬ industrial alcohol from grains and the by-products there¬ of Industries. cut Gross income capital company The for new quantities and only for the SEC ago loan not a from. . . . $518,744 33,590 Fermentation year a is unconditional Kaiser securities with It will be an increase from guarantees of the loan loan current of and arranged season, Depreciation the with common facture ' plastic—called "Geon 404"—is processed from resin form Into rigid sheets, rods, and tubing, then fabircalcd into a variety of products ranging from tanks for corrosives - and acids, and fume hoods and ducts, to topographical maps and display paneling. For an indefinite period the new resin will be available in limited 18. Jan. The $60,939 106,244 3,837,349 winter hands. on to materials, 2480. p. Industrial The Goodrich Co.—Introduces New Product— chemical resistant "rigid" vinyl with unlimited poten¬ of structural plastics and wire and cable insulation introduced by B. F. Goodrich Chemical Co., it was announced has been on 531~045 $134,099 income oper. 172, statement fields the 551,261 With Securities and Exchange *$38,481 555,953 '$377,691 555,953 parent Provision tough, new, $4,168,287 3,148,422 Industrial Fermentation (B. F.) A $4,907,904 280,139 50 after charges —V. The tial $398,457 285,691 50 51,777 $472,371 — prop. oper. Operating taxes Goodall-Sanford, Inc.—Earnings— 3 Months Ended Sept. $4,176,744 8,357 58,083 Operating revenues Rent, 1950—11 Mos.—1949 $4,917,887 9,983 951 rev._ Co. guarantee slack Dec. 1, 1950, without RFC consent. The company also production to 600 cars a day by Jan. 1, 1951. The loan carries a provision that if the company buys critical raw mate¬ rials over the protests of government agencies controlling those $399,255 798 $473,322 revenues Operating expenses acquisition -of the The agreed Corp.—Earnings— 1950—Month—1949 Period End. Nov. 30— Uncollectible «oper. of Gocernors of the New Board The the the of $20,000,000 Kaiser loan $10,000,000 a dealers' times. all at to J. of the over the in provisions Henry prevailing (Adolf) Gobel, Inc.—Listing—Acquisition— in cars secure 10 stated that the total net high at the close of business 172, p. 1732. topping $100 million.—V. a,, extension an finance by new a agreed inventory to Jan. on reached Indiana Associated Telephone Operating authorized President, Parker, A. this corporation of Jan. on $3.23 dividend requirements. • ' preferred 200. p. Is finance Other William assets 5 loan. The loan $15,000,000 448,984 2,838,850 1,780,536 Dec. on to $4.11 _ fAfter shares. treasury _______ share— tEarnings per common the Incorporated Investors—Net Assets at New High— $6,191,923 448,983 3,910,279 1,971,623 i . dividends Common 8,561,660 _______ RFC wholly-owned subsidiary, an 1234. p. 3,957,000 5,876,000 Fed., State and Dominion inc. taxes— for Net taxes income before Profit Prov. 26,000 1949 $ Year Ended Oct. 31— RFC Loan— to lend the Kaiser-Frazer Sales Corp., additional $25,000,000 to mature Nov. 7, 1951. The loan will be secured by new cars, purchased from the parent, and stored in bonded warehouses, on the basis of 90% of the wholesale selling price. Repayment will be on the basis of 90% for cars sold before June 1, and 100% of the wholesale selling price after June 1. This, of course, will apply only to cars finished under The shares may be transferred either at 3ankers Trust or, as in the past, at the Secretary's department of the company, 56 Church Street, Toronto, Canada. Because some shares are held in bearer warrant form, it is not Effective 8. p. Kaiser-Frazer Corp.—Arranges co-transfer agent, Co., 16 Wall Street, New York 5, N. Y., as Stewart, President, announced on Jan. 17. L. G. listing the (par SI i, issuable for —V. Trust Jan. 17 New York Curb Exchange on of the Governors of 5 (381) Chronicle The Commercial and Financial . Co.—Listing—Financing— Glenmore Distilleries -The . . 1950—11 Mos.—1949 $118,164,429 $114,220,730 172, p. 2221. Lever Brothers Co.—New President of Unit— President of Harriet Hubbard Ayer, Inc., a division of Lever Brothers Co., to succeed Ralph P. Lewis, resigned. Mr. Porter has been Sales Manager of Harriet Hubbard Ayer, the oldest cosmetics company in the United States, since last August. Before that he had been General Sales Manager of Harriet Hubbard Ayer of Canada, Ltd.—V. 171, p. 1887. Porter Keith has been Life Savers Corp. 9 Months Ended Net income Capital after shares Earnings per —V. p. 172, elected (& Subs.)—Earnings— Sept. 30— taxes outstanding share 1234. — -— 1950 $1,978,672 1949 $1,674,298 700,280 $2.82 700,280 $2.39 6 The Commercial and Financial Chronicle (382) •„ , Monday, January 22, 1951- . .4 Service Corp. Lincoln Stock Offering—Further de¬ — cumulative preferred stock area as follows: of $1.50 EFFECT GIVING CAPITALIZATION NEW TO FINANCING Authorized 4% due March $1.50 stock and issuable —. of shares 32,000 of exercise stock. preferred 300% DISTRIBUTION—Following of approval as The holders within then $73,425 201 said stock" A account the on stockholders shares 120,000 of Mr. record Nov. of stock common 30, paid Dec. 12, outstanding, to was then • 1950. Approval stock Tex., of is largely by the company. With the exception (the voting stock of which is 77.353% owned Manufacturers Credit Corp. tion The company operates District of Columbia. UNDERWRITERS—The - loan offices located 47 of names the respective numbers of the shares of the company's exchange offer in several underwriters are of follows: as The SEC stock common a agreement an E. B. had company investment used be tube the on to house Company for loans Germany, "firm a announced was products for will the provide in totaling $50,000,000 industry. Tide of terms in at Dallas furnish to 171, its additional exemption order under an Water this corporation Associated Oil Co. Johnston, Union Van II. Lemon Alstyne The SEC without underwriting. custodian as and The transfer company Jan. on to Mission stock to Corp. shares in Mission not exceeding Development in Development slock for share one ratio Tide of business fcr time Stein Bros. Doolittle - time to to the Corporation stockholders time in the of then applicable tax laws."—V. Mission Development working, National 171,' p. stock Capital Dank of Bos- Gocdwyn 1 ___________ - & Inc ______ its registration a capital stock. Mass.—V. 171, statement > -r Robert C. T. C. Williams Irving C. Jones F. J. Rice Cassell See also & V, - . . . I ' . 4j. • • ; t i- 1 30-—, 1 —— I ' 1949 [ ■ _ * 1943 scrip directors of Morfa, block Capital — $5,063,406 — shares outstanding— Earnings per share—,——.: —V. 172, $6,027,577 No. the ; " 820,629 816.389 the , $7.38 Jan. on 17. Benjamin K. Sidney, last did not options and the amounts the authorized 11 become dated Oct. due interim an shares each. ' what period the options will be and drama, ' and for for contingencies depreciation..— for Minority interests' Puerto Federal 173, of the on Feb. ' 8. p. *$5 eral * first 1, " tNet profit after Earnings per •Federal Code partly taxes estimated Stone __ in Jan. not with tCompany's the share 697,235 ' ' net INCOME ACCOUNT intercompany FOR subs, and eliminations YEARS affiliated except film ENDED AUG. Operating .revenues Operating and general ciation, etc. and expenses or at Harris bonds.—V. 171, * Y., Securities *ctaL LncTe deductions & 1,734,203 - $15,214,133 Net ______—„ 1,995,469 ...—_ Inc, & 4,043,605 porations) cf _i' r.et income (all & *$7,854,454 income, partly owner rations Net income of Loew's Inc. & •Earnings Current per and wbrking p 1569°* a 725,531 at Aug. 31, $6,019,130 1550 totaled previous fiscal year 5. Inc. /Jester McDonald-Moore G. & $114 161876 and current 171, its has has Co.— a sound "wire" a the with It a embodying used by in retirement 170, p. 789. the and to deve'oped of ma¬ resumes make an-_ is and portable wire is also combination a recordings from phono¬ coils. produces tape a embodying recorder, substantially machine using the the mag¬ new new preparation Rust . installation ' ' will * of for outstanding be located At pro.missory note for $12,000,000 to Of notes this and borrowing, $10,000,000 went the 172, remaining p. Uncollectible $7,999,264 oper. 4 Co.—Earnings 1950—11 Mos.—1949 $6,940,033 $84,384,453 $75,122,195 25,599 278,269 280,272 13,926 rev._ $2,000,000" is 2382. 1950—Month—1949 revenues La.— ' capital expenditures.—V. Period End. Nov. 30— Operating Weeks. ' Co.—Bank Loans— John 1,000 Frank S. Smith & Co., Inc. 1.0C0 Strader, Tayior & Co., Inc.- 3,000 L. Co Nolan & Co. Inc.— 1950—11 Mos.—1949 Net operating incomeafter charges 10,899.155 Muter Ct>. Net income Capital 130,542,360 117,500^75 8,411,898 1,147,264 93,602,051 18.405,723 1,955,860 1,339,993 .18,534,586 93,089,676 11.984,615 ' "1,054,4'62 16,192,660 9,967,186 Nash The $20 Jan. 3 (par approved $1) from a proposal 2,000,000 to. increase shares • to 16 shares (& after the of a its registration common $8,733,323 $7,016,413 6,812,672 5,137,995 Wholly-Owned FOR 10 MONTHS charges and (par with one Subs.)—Earnings— per comparison Finch Jan. shares 11 of 3 Months Ended Sept. 30— before the cent). income filed —V. shares per 170, p. : V $931,299 < 592,000 * $1.57 available.—V. a common leter 171, of stock p. 1888. notification (par The $10) to proceeds with be SEC the SEC offered to are be at used - > - 1950 . taxes $1,056,732 taxes 1949 . 1948 outstandings. share 109. $336,088 $389,937 128,000 147,500 $208,088 $242,437 500,000 500,000 500,000 $1.18 $0.42 $0.48 464,000 income Earnings 1950 $592,732 income Capital 31, ; • share, without underwriting. working capital.—V. 172, p. 1032. Profit OCT. Co., Minneapolis, Minn.—Files With on 12,137 is ENDED taxes per Net statement stock 8,085,J82 472,901 . filed 923 59,740,128 $652,636 National Acme Co.—Earnings— 3,000,000 ST4. 10,537,217-- 671,413 outstanding______ share company covering . i«4 64,835,644 739,678 $832,790 shares NOTE—No 12,426,384 1,733,334 - ' $84 5,522,120 - 172, p. 2222. RESULTS 498.705 8,549,001 $6,914 ^74 6,108,191 „ 402,115 12,502,998 $7,°85.738 __ Net > % Minnesota Fund, Inc.—Registers With SEC— —V. hour, wire 2025. Operating taxes __—1,044,357 & 46,254 Jan. It make also p. 1,000 MacCallum 9,456 on ; an. as fidelity 1,500 rev._ 150,000 the and , the magnetic be erased can user Mountain States Telephone & Telegraph Federal company of models sound. recorder, 172, the The The 160. p. being used Co., Inc.— 1,900 + covering sturdy Sound-Magnet. principle.—V. plant, 5., 166, for ■ SEC there. not processing techniques in the produc¬ of high octane gasoline, will Engineering Co., for the Bay Chemical division of Morton Salt Co., according to a contract announced $ 2221.. is compact, name induction The company has issued a 2 V2 % Mellon National Bank & Trust Co. 117,999,380 on end two can or corporation Mountain Fuel Supply 1,500 Oo._a he a "Sound-Magnet." The wire recorder that is the only popularly 1,000 Crawford 1950—Month—1949 stock the . message, engineered trade Wm. J. Merieka & Co., Inci_ H. $ p. is Recordings the At Operating revenues Operating expenses G. 1,998,137 172, utilizing primarily designed plays an hour of high merchandising mixes from as catalyst Jan. on V. 1,500 130,944,475 common v telephone been Magnet registered Recorder.—The recording 0f Co., 1,500 * The that constructed 1,500 $ stockholders • and .under recorder new tion Middle States Petroleum Corp.—Increases Stock— The endless an 2,000 —— Furman A * 2,000 Collins & Company— when unit 6—Voice M?gnet.—A. low priced dictation for shares.-t-V. , developing, of automatic Morton Salt Co.—Division to Expand— 2,500 Inc. item Sa'es Magnet.-—Mohawk features netic 2,500 Co,______ spot distinguished as 2,300 California of and Tape same be 10,945,409 2482. p. officers the recorded. producing * Asso- 12,512,454 charges 172, sj ^ $24,967,018 compared with $22,965,932.—V. after business voice is delivered. phonograph and wire recorder. graph discs, microphone, radio 2,600 Arnold Inc.——- Julien 3,500 income- oper. authorized, S! 53 assets Co.. & owner's deliver message Sound-Magnet Mr del "A" is the, severally agreed Lestrange & Co.__i Bosworlli, Sullivan & Co., _-3,oOO taxes Net , $7,530.326"" ?'ith, **16.299,820 for the and the sold follows: as the commercia's. priced —— . the recorders, Repeater.—This designed to as recorders I , with 3,500 revenues Jan.- telephone answering machine sold trade name of "Tele-Magnet" which registered Message currently purchasers.' and have 5,000 expenses in wire The Earnings Operating Operating 1 • on ■ engaged automatic Magnet.—This 4.—Sound - Arthurs, 8. oper. f '.•'- ;* by owned stops, automatically rewinds the spool of playing. A microphone attachment permits the nouncements during the rewind period. *$6 744 761 wholly owned share___ are 5,000 revenues being , chine . corpo¬ subsidiaries : Michigan Bell Telephone Co.—Earnings-* —V. 274,118 Net undistributed * Friedrichs & Co Co.__.____ 3,500 Boyce of shares recordings $1 $ 817 114 cor¬ : than Scott, Horner &. Mason,. Inc. 2,500 George R. Cooley & Co,, Inc. 2,000 Courts & Co._l_____ 2,000 Clement A. Evans & Co,, Inc. 2.000 Henry Herrman & Co.____„ 2.00Q Howard, Weil, Labouhse, 5,000 Co Bros. 173, p. ' Maryland in of 450,000 shares of com¬ which 224,399 shares are . $7,561,375 610,653 share), per 75,223 advertising medium. during, * & Co., Inc. Co & Operating $13,393,0b3 2,259,533 4,753,557 share share they Mason-Hagan, Co. & & capital. organized was . telephone message new Saies 3. —V. Net Loew's several Co. 6,500 — working 3.500 Dickson Riter $12,544 570 " 1,350,493 $8,465,107 — interests' and a poetry and U. S. sales, has Northwest 6,500 (par 100), stock items are: Loop mechanism divi¬ 2,997 shs. elates, 5,000 Operating income Minority —___ Offered— Jan. 16 pub*- on common capitalization distributing ana company's the Endless tape 280,553 shs. Pacific 6,500 cents , tape rewinding Outstanding- Pacific 6.500 Co Trusk —V. 166,796,476 $13.,429,925 taxes... income fiction, - Corp.— 5,000 Corp.—! Davis H. ' 6,500 Co., & Unccliectible Other 2. every a and the answers Shares 8,000 10 outstanding, Tele-Magnet—An under . of Kirchofer 6,500 Higginson Stein 1949 Co.______— & (par and directors.. 1. .... the 8,000 i. McDonald ' Federal in less never 8,000 Securities Webster bemused -for authorized an Its most popular $179,341,045 __ Stock — answering devices, business machines and other products principles of electronics and magnetic recordings. Common OUTSTANDING Boettcner Peabody & Co & Witter R. S. rentals) 164,594,336 income exchangeable- are definitive Jacquin, Stanley & Co. BUSINESS—Corporation -is incor¬ 7.0C0 shs, which Graham, Period End. Nov. 30— Operating pther income 1937-38 company AND stockholders, 8,600 Stencer depre¬ ______ for 140,000 shares of manufacturing of- one 1949-50, stock. value. stock selling Co & Schwabacher , — been Authorized Co.__.:___^___20,471 Paul 31 $178,024,311 — Chicago . Dallas, Atlanta, Chicago" agencies in the Philippines and of names common the stock issuid 288,000 shs. & Estabrook corporations after 1950 _ The * stated C. Lee of distributed wholly and partly owned works AUTHORIZED t$9 with 1949 and Boston, maintains and of from Noyes, Equitable $0.52 Revenue ' income in Bank ORGANIZATION—Corpbrati'on mon stock and common share in per include York, Curtis $1,552 64j Internal of is„ . Definitive Bonds Ready — Business Machines Corp. PROCEEDS—To II, persons country. year since its payments were ' • '• '■ ' which Allyn & Co., Inc.l___ Blair, Rollins & Co. Inc._— Hallgarten & Co Hayden, Stone & Co.__. Carl M. Loeb, Rhoades & Co. Paine, Webber, Jackson & $955 413 $0.39 accordance 1251, of (par $1) Corp. Dean as dividends was $207,804 with $165,439 for the corresponding period in preceding year. CONSOLIDATED (Inch share 3, subsidiaries owned compared ' New in value/ shares of purchase Kidder, 153,603 779,436 ... Savings licly offered the in 1548-49 pfd. stock (no par value) •$100- stated 609.*711 taxes—.—— ' $1,994,954 common amended as ... J.^ and at $1.37% per share. publishing' book years . non-cum. Drexel 300,009 ...... . one R. 1951, ' mortgage 2%% bonds due 1979 Co., 16 Wall Street, New York, N. Tellier & Co. and No shares: Shares adjustment after Fed¬ _____ ___ houses share dividend department offices Parsons 1,062,305 $1,215,518 and Mohawk the Francisco Hemphill, 3,081,033 88,113 " many profit in every dividends on its common to $2.25 rose general for net each on years to has the fiscal years UNDERWRITERS—The 786,496 share.." depreciation taxes a cash paid payments .fCommon 'stock • to 990,508 __ 105. p. shares of $1 Proceeds from Rico. number - ; of company, 2306. p. with compares 173, , 300,000 _ ... taxes... share,' per 171,971 largest the and ' i, QUARTER 3,380,635 Net operating profit after Federal taxes.... Capital gains after Federal taxes.. years* paid During was. CAPITALIZATION A. Prior San follows:- ' - are publishing earned Nov. 23,'50 Nov.'",4,'49 ...... ♦Reserve This 1. quarter.—V. philosophy and similar subjects. distribution operating revenues (est.)—... $39,792,000 $38,018,000 wholly and partly owned subsidiaries Reserve is * trade shares States textbook fiscal 20 of..its profit inch Reserve has 1898. addition in. force; CONSOLIDATED INCOME ACCOUNT FOR FIRST sales company share. *.'>■ be submitted at the meeting of stockholders Schenck, President, making the announcement, M. specify for Operating as appear ; payment bonds payable and 1946.—V. 1, Trust Eankers Trust $1 publishing of textbooks, the company is also widely, known for its medical books, religious books and for the books plan will Nicholas 12 Weeks Ended— Gross are offered United has $1.50 the shares; Arthur M. Loew, 40,000 shares, and Joseph R. Vogel, Charles C. Moskowitz apd Louis 27,500 of March. the each to the public 100,000 Thau, Details in and of per . _ who' will receive Feb. of principal the school stock dividend The' Schary, the In I shall as Co.—Scrip Ctfs. Redeemable— mortgage announced. coupon 48, at sold; Macmillan & Co., Ltd., of the American company's outstanding common stock.* company since year $8.81 * all 1.8% in poration directors on Jan. 18 approved the granting of options to a group!of six key executives to'purchase common,stock of the company' not less than the market price on the New York Stock Exchangeon Dore If leading The 814.220 $6.18 • 1, at on certificates Missouri Power & Light Co. - & the BUSINESS—The at Jan. 1896. company $7,174,152' Loew's, Inc.—Stock Options to Officials—" Those been %will own > 1437. p. Dec. cornoration this future near the of value directors of 172, p. 2482. adjustment the Chairman, will Th* England, and 4,956 shares held by American Co., Ltd., owning 172,015 shares of common stockholder of the American company Macmillan dend income offered London, of has ?■'•» i before income taxeS—8,576,406 Provision for income taxes—— Net Ltd., iSince $58,791,189 $69,705,672 $77,965,051 9,626,977' 11,911,152 3,507,000 3,599,000 4,737,000 Profit which Investors. ,-J '•> • 1950 Co., 1.25 (&-Subs.)—Earnings— 9 Months Ended Sept. Net sales record of share previously paid per stock, 1.875 . k' • pany. 2.5 620 413 . ( 2.5 826 V ________ . Missouri-Kansas-Texas RR.—Interest Payment— The offering, which is the first general public distribution of this, constitutes 61.3% of the outstahding voting stock of the com¬ It comprises 167,015 shares presently owned by Macmillan &' stock, 2.5 * 826 Co., Inc.-——____—______ Co., Inc.———t.— Co., Inc.._. 173, p. 202.,.<* " cents The .3.125 • . 826 & Link-Belt Co. holders to dividend a being offered by the company nor by any actively involved in the company's management. 3.125 3.125 ,1,033 & — 12 declared 18 are 7 5 1,033 Co——:—________ & March Jan. on par value common stock at $21 per share. the sale will go to certain selling stockholders. 6.25 1,033 Stirling,-Morris & Bousman____ Chace, Whiteside, Warren & Sears, Inc.- stock, j. 1 ; " 5 1.652 _____ ! shares-- two Underwriter—Loomis,, 2098. p. with group 2,066 ___ ________ Coe__________ payable 6.25 1,652 & Co., 01ds__„. & Mackall Boyce, i_: Evans • of dated Dec. 28, 1948 are redeemable, Guaranty Trust Co. of New York, 140 Broadway, New York, ! the rate cf 25.22 cents for each l/60th of a share.—V. 172, 2482. ' ' ' ' ; (The) Macmillan Co.—Stock Offered—Hemphill, Noyes, Graham, Parsons & Co. on Jan. 17 headed an investment - _ of at coupon 10 ' par the Y., p. 950. 10 3,305 ■—2,066. Co A. directors 88 12.5 3,305 ________ _ Inc.. & & Clement Corp._______ Co & The .. 25% $5 shares) of Water the preserve Mission distribute from or and purposes intact. stock "to Temporary Percentage of 8,263 its of the stock of Mission Development Co.. which this shall receive in connection with said Plan of Reorganiza¬ however, that such action shall at all times conform requirements of law and shall continue to be advisable in all with Louisville & Nashville RR.—Dividend Increased— 4,131 • provided, view Stock _ , transfer" 1,083,307 the ' of its, Develop- approximately of the for ; all " v consideration (but Investment sell Mission corporation at Second agent.—V. filed 15 coVering 75,000 shares of Sayles & Co., Inc., Boston, Reserved Corp.______—__ Noel Wood P. Mason-Hagan, Co._______ & Securities the to to ' , become. expedient,. all by Loomis-Sayles Second Fund, Inc.—Registers With SEC ' Shares of ■ will 105. proposal. Mission Development will issue shares (but not exceeding 2,166,614 shares) voted such corporation on Jan. 10 filed a registration statement with the covering 110,000 shares of capital stork (no par), to be offered at market, the Addit. Stock of number which the stock Water tion, the the will held. 10,000,000. -, cash 1950, 1461. p. issued 15 1940,' permitting Tide Water Tide also stated.—V. authorized to of 1951, 8, each -share outstanding, p. in Mission is additional Bank he 173, for the 5,000,000 split Jan. record According to the application, the reason for the proposed transaction the desire of Mission Corp. to continue its dividend policy, retaip . The be secured Jan. on approximately 996.662 commitment" to split.—V. of capital and, the Defense Produc¬ property, increase shares Act I,993,324 President, at petroleum to from interest Under Washington on Daingerfield, facilities the of stock ment Co. offering for construct company's loan Mercantile acts • / the Finance Corp. if needed, ton preferred stock not offered in new of after voted shares 1,982,132 four-for-one a common Mission Corp.—To Sell Tide Water Oil Stock— - Financing—Govern¬ Loomis-Sayles Mutual Fund, Inc.—Registers With SEC and the respective offered in, but not new -i \ also about approved stockholders shares of -The SEC percentages of the preferred stock issued pursuant to acceptances of, the exchange offer to.be purchased by each (subject to adjustment by the representative to eliminate fractional shares)', shares of N. the and steel $4,000,000 the States and rapidly New York 5 common common were 7,928,528 the Jan. on The stockholders There stock Government. that will Government the and ■■ six loans mortgage capital, is engaged primarily in the consumer finance business, ..making small loans, usually $300 or less, and discount loans to indi¬ vidual borrowers; and, to a much lesser extent, in purchasing accounts rfeceivable. At Oct. 31. 1950, approximately 95.3% of the total assets of the company on a consolidated basis consisted of cash and recelv- ' company Y The called for the steel company. to working capitail, "when and if needed," Mr. Germany said. The company has a commitment from the Republic National Bank of Dallas, the First National Bank in Dallas J stock. . Co. 2315. p. stock. three additional outstanding Authority will loan the company $23,425,201. The minority interests acquired by-officers and directors were at the identical prices paid by the company for majority ables. part as Federal stated making guaiantee cases, The days the the Government loans of The for first a . purchased 15. Reconstruction by the company), the company's average ownership of all cutstanding shares of its remaining subsidiaries is 95.75%, The remaining 4.25% average ownership of capital stock of subsidiaries is owned by officers and directors of the company, or their associates and assigns. all of stockholders receive 16. * owned In view Trust 169, $5,000,000 through raise 120 from in underwriting a com¬ mon stock issue. The company's stockholders will be given pre-emptive rights to subscribe to the new offering, and any unsubscribed shares will be taken by the underwrit ng group, he indicated. Other details of the financing will be disclosed in several days, Mr. Germany added. Jan. which Empire bondholders.—V. the "nationally-known" a BUSINESS—The company was incorporated in Delaware cn Oct, 23, 1931. Its business is conducted principally through subsidiaries, the of next Jan. Germany with effected. was quarterly cash dividend of 30 cents per share J950, the on The output The common Large Loan— will company •stockholder on Oct. 3, 1950, the 30.000 shares of common stock (par $1), outstanding, were reclassified as 120,000 shares, each common thereupon receiving three additional shares of common stock (par $1) tor each share held. Contemporaneously with this transaction, appropriate transfer from "earned surplus" to "capital increase Lithium. for ment Authorizes stock¬ the for to Star Steel Co.—Plans Stock Lone ; , STOCK uses trustee for $1.50 new required are will act reserved the to funds expanding 80,000 shs.. 120,000 shs. stock common attached warrants The $744,000 200,000 shs. 200,000 shs. value)—-— par $1) include upon $800,000 — (no (par does, not •This Outstanding notes, 1957 I, stock pfd. Common fund sinking subordinated Minnesota Mining # Manufacturing Co.—Stock Split— Lithium Corp. of America, Inc.—Debentures Placed Privately—The corporation has announced that a small, private group has purchased $650,000 of 4% income de¬ bentures of the company maturing over a six to ten year period, it was announced on Jan. 16. recent offering of 80,000 shares tails in connection wtih ■ . Volume 173 .'Number 4979 . . " JNet 3,602,486 income Common tEarns. shaFes per 6,289,448 outstdg. r Dec. 31,'50 assets Net 1950, of payment on Dec. 23, Common shares outstdg, Earnings per share S0.62 •After —V. com. dividend requirements 3,592,218 2,752,432 $1.30 635,300 2,715,458 1 '$0.23 1,738,192 2,752.482 taxes.. after stock preferred on Profit Profit Net company, Preferred — ' per 170, $906,176 paid outstanding $351,086 70,270 220,109 $3.80 — dividends shares announced 18 Co. the sale its of 71,010 220,109 $1.27 __ ___. _____ share common this sale, Co. National-Standard Fed. Net Canadian and 3,061,626 1,179,545 1,157,325 445,200 $1,882,081 $712,125 670,850 335,425 $5.64 335,425 $2.12 inc.'taxes.. taxes income ! !___ profit 1949 $1,424,958 670,850 and Canadian before Federal for Prov. ^ Dividends Common shares Earnings per —V. outstanding... ... share common , Sales company before income income for Net taxes 3,830,507 _____ 1,529,313 taxes....... profit Number of $2,301,194 929,254 ... dividends paid.. : ____. shares 495.600 , $4.64 Earnings per share ♦Plus The 50% dividend 2,785,174 1,082,015 working at capital history.—V. pany's $1,703,159 '743,402 495,600 $3.44 Oct. of 31, which $6,014,061, 171 the is largest in the com¬ Peoples.—V. scheduled There 655 a before.—V. year in stores 634 were Period End. Nov. 30— The company issue and Feb. Net oper. —V. ry. 2482. Proceeds bank a 000 6,968,889 1,602,438 6,556,392 1,169,996 77,890,314 14,163,945 1,169,659 985,777 14,748,296 11,685,362 1,405,197 charges 1,246,227 sale bond will which will be of be used to for pay used to indebtedness pay under is expected will aggregate $10,500,receipt of the proceeds; and the construction expenditures made or it time the made, be The application 1950, Pacific companies bank debt of all NEES subsidiaries at Sept. 30, while estimated construction expenditures of $12,340,000 in the last quarter of 1950, $34,912,000 are 1951 and $25,524,000 in the year 1952, a total of about $100,000,000. It is anticipated that about $25,000,000 of this will be in the obtained to intends erties the sale to » senior of which of securities major portion will be obtained subsidiaries to the public. NEES the of transportation prop¬ substantial although definitely stated even though actually under way.—V. 172, dispose of its investment in gas and the proceeds of such sales should be and timing the for negotiations p. either subsidiaries its or the its retained net income, etc. obtained be NEES subsidiaries from dpereciation and amorti¬ This leaves about $75,000,000 from the sale of assets or security issues of by NEES and charges, from for receipts cannot of such sales some be are 2026. New England Telephone & Telegraph Co.—Earnings— revenues Uncollectible oper. ____ rev._ 15,141,215 174,188.428 157,907,364 30,972 254,006 294,989 16,022,054 21,293 ry. —V. Operating Net Net revenues expenses Operating __ ____ taxes__r_ income oper. after 15,110,243 173,934,422 157,612,375 126,768,742 126,147.940 22,663,633 14,357,876 16,000,761 10,894,127 2,443,533 11,992,423 1,433,053 1,684,767 1,045,939 2,663,101 i- 1,953,343 charges, 172, 24,502,047 17,188,564 17,106,559 10,016,841 2382. p. before Federal sales Net Net 1950 1949 1948 $1,939,983 804,o00 896,500 Net profit per —V. p. 171, Common $1,135,683 $1,299,431 259,120 $3.69 259.120 $4.38 shares 753. Chicago York, & St. Louis RR.—Rights—The on Jan. 12 offered to its common stockholders subscription 33,770 additional shares of common stock (par tional $100) at $150 share for each per ten issuance of this share at the rate of shares held, with Rights subscription privilege. The stock The Guaranty Trust Co. of New one addi¬ an over¬ to expire on Jan. 30. approved by the Inter¬ are was state commerce Commission on Jan. 12. York has been appointed above common stock. The proceeds are to be used to reimburse the company for tures already made.—V, 173, p. 106. accept New York Telephone Period End. Nov. 30— Operating Operating Net —V. ____ rev._ revenues __ taxes oper. after oper. expenses Operating 6,333,382 1,232,412 .* i. _ _ —- 1,419,898 531,604 418,393 V*1950 1949 -> $15,269,465 $14,068,821 1,107,376 798,664 * 495,000 372,000 — $612,376 income 1950—Month—1949 to ____ 35,000 175,266 175,266 50,000 175,266 175,266 charges—— 2382. expendi¬ $ 1950—11 Mos.—1949 $ $ 42,915,926 1,357,257 43,362,389 38.520.678 451.829.214 401,558,669 28,685.655 8,389,956 29,043,867 323,695,247 312.259,876 5,288.717 __ fiscal year ended long-term notes. 10,000 shares of 5% outstanding and the the 1950, the company borrowed $1,600,000 proceeds, $1,010,000 was used to retire the cumulative preferred stock (par $100) heretofore balance was added to working capital.—V. 171, p. on 2199. Operating 1950—Month—1949 revenues Operating $3,920,134 9,233 $3,300,013 9,117 $3Q9,401 237,299 31,820 $3,910,901 3,107,851 365,380 $3,290,896 2,534,814 371,719 $79,376 $40,282 $437,670 $384,363 53,968 __ expenses $310,258 857 $439,497 305,587 — rev._ oper. Operating 1950—11 Mos.—1949 $440,626 1,129 54,534 revenues Uncollectible 26,078 209,439 247,651 taxes Net income ___charges—__ oper. after Net 172, Ohio Bell revenues expenses 1950—Month—1949 $ $ 11,049 10,177,515 117,107,526 107,259,798 39,352 209,372 332,617 revenues— 11,049,872 7,372,945 2,077,067 10,138,163 116,898,154 106,927,181 6,621,342 78,365,791 75,945,556 1,702,496 20,361,977 15,801,136 oper. expenses taxes 5,553,608 76,618,056 54,585,062 3,923,203 2,976,785 51,515,911 41,698,127 34,713,731 24,548,819 1,599,860 1,577,153 income oper. after charges —V. 1,814,325 1,801,340 18,170,386 17,960,988 15,180,489 15,124,117 172, p. 2382. Ohio Edison Co.—Orders Second Large Unit— a second 106,000 kilowatt steam turbine gen¬ company's new Niles plant was announced on Jan. -15 by Walter H. Sammis, President, at 'ground-breaking cere¬ monies for construction of the first 106,000-kilowatt unit. The combined construction involves an estimated expenditure of more than $32,000,000 including substations and connecting trans¬ mission lines. The first unit is scheduled tor operation in the s'pring of 1953 and the newly announced unit is expected to follow into erating ordering service for unit a few "Electric of this months generating later. capacity of the Edison system has been in¬ 465,000 kilowatts, or 72%. since 1945," said Mr. Sammis. "When the Niles plant Is completed generating capacity will have been more than doubled in this time. In the last five years com¬ creased In the Inc.—Building New Plant— modern cellophane plant now being built at Pisgah Forest, N. C., for this corporation is scheduled to be in full operation by about September, 1951. The eight-machine Olin plant will produce an estimated 33 million pounds of cellophane annually to help relieve the shortage of cello¬ phane which has existed since the beginning of World War II. Ground was broken for the new plant on April" 1, 1950, and con¬ struction is now rapidly going forward. Under the Olin licensing agreement with du Pont, du Pont has designed and is building the plant, furnishing full technical information, know-how and patent licenses, including the latest improvements in product and equipment.— V. 172, $ 32,641,727 387,586,230 346,375,358 24,848.263 276,412,591 270,637,441 3,962,555 58,982,820 39,328,975 3,830,904 2,812,251 52,190,819 41,321,202 36,409,442 25,330,520 Cushing, Okla.—Files With SEC— Pact Gas Co., The company on Jan 8 filed a letter of covering $50,000 of first mortgage serial to be offered through R. J. Edwards, Inc., proceeds notification with the SEC 6% bonds, due 1961-1971, Oklahoma City, Okla. The to be used for general corporate purposes. are Co.—New Construction— I Panhandle Eastern Pipe Line Trunkline Gas Co., are scheduled their $120,000,000 1950-51 construction program, L. T. Fournier, Vice-President and Treasurer, announced on Jan: 15. This phase of a five-year postwar construction program was started about a year ago to provide a 60% increase in system capacity. The necessary financing was completed last year. The added sales ca¬ pacity will meet increased defense demands for natural gas from 'Panhandle Eastern's customers in Michigan and other States of the industrially important north central area.—V. 172, p. 2026. its subsidiary, and company complete this year, Paramount Pictures Corp.—Buys Own Stock— announced that it had purchased stock for retirement, pursuant to its bid to purchase 500,000 shares at $21.50 per share. This bid was with¬ drawn at the close of business on Jan. 19, 1951.—V. 172, p. 2482. The corporation 15 Jan. on of its common 251,000 shares (C. J.) Patterson Co.—Merger Ratified— companies associated with Ark Bakeries which will simplify their corporate struoture, C. J. Patterson, President, announced on Jan. 17. The companies involved are the Ark Bakers, Inc., of Kansas City; Ark Bakers, Inc., of Wichita; C. J. Patterson Co., Kansas City; Delta Bread Co., of Greenville, Miss.; Holsum Bread Co., Chattanooga; Ark Bakers of Hot Springs, Ark., and Sally Ann Bread Co., of Grand of stockholders approved seven merger a Junction, Col. The surviving company, to be known as the C. J. Patterson Co., will have an authorized capita! of 100,000 shares nf 5% preferred stock (par $10) and 500,000 exchange of shares, the The shares of common stock (par $1). After outstanding capitalization will total $1,353,400. preferred will be callable at $10.50 per new value asset Net —V. 173, Henry siu * 9. p. Cement Co.—Earnings, Etc.— per 8 announced consolidated net months ending Oct. 31, were $2,156,916, President, on Jan, Kaiser, J. profits after taxes for the nine $1.54 $467,662 $31.01 $564,220 $32.26 .___ per Permanente or '50 Apr, 5, '50 $370,338 $120,000 $28.71 $25.00 Jan. 15, '51 Dec. 30. '50 Sept. 30, assets net Total share. Inc.—Assets Continue Rise share. included a non-recurring expense resulting from a Inc. Judgment which amounted to 36 cents consequently, operating earnings for the nine months were $1.90 per share, which compared with $2.11 per share in the same nine-month period a year ago. Income taxes for the nine-month period included a nigher surtax and excess profits tax and averaged approximately 48'/2% as com¬ earnings Superior Portland Cement, share; per with pared 38% a year ago. that the ,. _ payment by Superior Portland Cement, Seattle cement plant during September added approximately $983,000 to the company's consolidated cash position and resulted in a cash position on Oct. 31 of $7,G62,7G9. This compares with $5,590,114 a year ago. « , The company's fifth kiln, now under construction, is expected to be in operation next month, and will increase capacity to 7,000,000 barrels a year—one of the largest single cement producing plant in toe v/oild, Mr. Kaiser said.—V. 172, p. 1188. Kaiser Mr. stated the assets for Inc of the by Edison system have expended over $131,000,000 for construction of new facilities and many more millions are expected to be spent in the years ahead."—V. 172, p. 1735. The $ 2382. p. These Net 1950—11 Mos,—1949 * 32,767,036 388,786,411 347,866,614 125,309 1,200.181 1,490,756 4,660.943 3,626,813 As of— 1950—11 Mos.—1949 $ $ rev._ Uncollectible __ ____ operating income after charges.— 172, Telephone Co.—Earnings— revenues11,060,921 Operating to outstanding stock for Co.—Earnings— $' v •; Pell, de Vegh Mutual Fund, Period End. Nov. 30— the 36,199.634 25.884,968 5,653,723 rev._ oper. Operating 2382. p. of 754. 36,275,635 78,001 Operating taxes The Ohio Associated Telephone Co.—Earnings— Period End. Nov. 30— mutualization. 1950—Month—1949 revenues Operating have Olin Industries, 38,662,847 453,565,016 142,169 1,735,802 172, p. — 31, panies 43,462,997 100,608 6,286,778 paid paid outstanding favored 95% $426,664 i f — than more company through purchase the policyholders.—V. 172, p. Uncollectible , Of the Co.—Earnings— s revenues Uncollectible Net agent subscriptions for the Operating 7,967,312 FINANCING—REFUNDING—During PRIVATE Oct. 259,120 $5.01 Share,— company for 7,711,756 1,042,800 98,021 dividends Common Immediate New 658 %____ taxes _ dividends Preferred company, said 17 $ 75,036 19,498 (& Subs.)—Earnings— i— Provision for income taxes-.; Operating $656,573 _____ outstanding,,, shares 127,394 21,417 $2,195,931 756,700 taxes taxes income Earnings Co. — before income Profit the of Jan. Operating This Shoe Mutual- have approved a plan for voluntary according to Asa V. Call, President, policyholders company's on Period End. Nov. 30— $609,114 104,009 2128. Nunn-Bush Net Capital 599,532 Year Ended Oct. 31— Operating $1,713,279 Sept. 30— income income 2,241,095 ___ income.— Operating New York Air Brake Co.—Earnings— 9 Months Ended Profit 9,542,684 railway..— Co.—Plan for Insurance 1947 $709,472 29,961 railway p. Life non-stock V. $763,641 171,217 oper, 172, —V. Operating Mutual plan was approved by Insurance 'Commissioner Wallace K. Downey. The plan would ultimately change the corporation from a stock 10,953,457 9,009,629 $ $ $ $ Operating — income— Operating 1950—11 Mos.—1949 1950—Month—1949 Period End. Nov. 30— —V. from from Net year zation . 1948 1949 1950 railway 1,021,056 hearing of the plan is scheduled for Jan. 31 before the California The plan for voluntary mutualization was formulated by a price determination committee appointed by the California State Insurance Commission in 1947. After public hearings last August, the RR.—Earnings— $904,395 $2.78 1,021,056 A 95,801,314 72,721,939 12,125,918 New $26,340,000 was these of the that company, with lespect to borrowings to be made by England Electric System, parent holding states, subsidiaries certain $2.78 _ Superior Court. to to $1.32 $0.63 $1.53 African) South Net railway oper. Net to D $1,352,898 363. p. • to the SEC for authorization bidding $12,000,000 of series applied 16 competitive agreement prior or balance to the of letter at. Jan. 18,698,080 $3,342,736 $2.81 (£1 Pacific Telephone & Telegraph 1981. 1, who $ From Jan. 1— " rate mutualization 12, 96,025,568 224,254 106,802,555 income 22,796,000 25,356,000 $5,562,166 mine) share share benefit of $ 8,896,047 from Net 1950, 22,120,000 __ per Pacific 172, p. 2382, compared with 31, (pounds)__ 1950—11 Mos.—1949 8,919,832 107,048.358 23,785 245,803 9,976,524 __ 171, The Co.—Earnings— $ 9,996,192 19,668 rev. revenues oper. from Dec. Dec. 31. '50 June 30, '50 (pound3)_ copper eopper ization Approved— ( 754. taxes after Net Net operation at 172, p. under March on expenses Operating Operating Gross Power Co.—To Issue Bonds— cn sell due —V. a 1950—Month—1949 revenues .Operating Gross bonds p. $ $22,657,620 $315,224,594 $274,332,677 * New England hearing SEC for Northern is 172, November- 1950—52 Wks,—1949 share by Grande & Co. per the SEC for an order exempt¬ to Northwestern Bell Telephone Uncollectible divi¬ 560. blister (ex Conversion a v. $7.19 tAfter preferred profits tax. $2,872,991 sales Dividends Nebr. been asserts that Northwestern (& Subs.)—Dec. Sales Up 27.3%— $28,851,122 .... .... of profit Profit per non-utility company and is only incidentally a holding company, being primarily engaged or interested in one or more businesses other than the business of a public utility company, and that it owns all of the outstanding application of 803.291 $7.31 excess Net Net 1950—4 Wks.—1949 Per. End. Dec. 31— Sales Federal recently at $28.50 blister of Metal 2402. p. National Tea Co. Production $162,500 par value. totaling 1950 shows current assets of $9,288,478 with current liabilities of $3,274,417—a ration of 2.8 to 1— balance sheet compared and stock Omaha, has application The **' share common Six Months Ended— 1951. Operating Preferred has made application principal offices in The 368,510 2,409,812 803,921 * ; —V. 159, p. 1696. it and its public utility subsidiary, Peoples Natural Gas Co., as holding company and subsidiary, respectively, from any or all provisions of the Holding Company Act. Both companies have their $18,478,418 $16,058,377 ________ Profit 1949 1950 made was a securities Prov. Exemption— (& Subs.)—Earnings— National Tank Co. 6,141,243 368,510 1,607,842 Olympia Brewing Co.—Secondary Offering—A second¬ offering of 11,549 shares of common stock (par $1) ing 171, p. 753. Year Ended Oct. 31— 11,295,850 5,154,607 Shares outstanding The Sept. 30— profit '7,374,470 taxes— ; paid outstanding: 171, p. a • 1950 $3,474,081 Year Ended Profit filed 5 Northern Natural Gas Co.—Seeks Earnings— Operating Jan. on Subs.) — Wholly-Owned (& company income ary Sales letter of notification with the SEC covering 2,500 shares of class B common stock to be offered at par ($100 per share), without underwriting. The proce&ds are to be used for working capital. The per dends.—V. » O'okiep Copper Co., Ltd.—Earnings— Heights, Ohio—Files With SEC— the remaining assets of National consist solely of cash and 34,146 shares of Pennsylvania Power & Light Co. common stock. Net equity for common stock of National now is about 35 cents per share.—V. 172, p. 1930. With $ 13,615,710 — other paid "Includes $324,000 109. p. North American Manufacturing Co., Cuyahoga Ry. for $810,500. Newport & Covington Cincinnati, to Electric Bond & Share Co., on Jan, interest in the Lehigh Valley Transit 1949 6,241,240 taxes _ shares 100,000 ' - Common of 1950 98,836.337 101,341,008 and dividends TEarnings 1949 $13,812,856 $12,448,934 1,708,176 588,088 702,000 237,000 taxes taxes Earnings —V. 1950 contingencies lor income Net Light Co.—Sells Holdings in Tran¬ subsidiary a profit Common (& Subs.)—Earnings— Sept. 30— income income Provision outstanding. then ' National Power & income Fed., state dividends sit Firm— This before for Prov. including share, per special dividend of $1.70 per share.— a ____ before Federal . ^ — Preferred sales Net 1,773,305 2,715,458 '$0.65 . 1535. 172, p. $2.30 1832. 172, p. 9 Months Ended 1950—3 Mos.—1949 1950—9 Mos.—1949 $12,123,315 S7.97U.360 $30,389,213 $22,598,458 sales profit of sales Common (& Subs.)—Earnings— National Container Corp. * $ Net 360,000 $28.39 360,000 $30.87 171, Period End. Sept. 30— Net dividends total of Nopco Chemical Co. Net Oliver Corp.—Earnings— Fiscal Year Ended Oct. 31— Sept. 30,'50 Dec. 31,'49 360,000 '$31.57 share per disbursement 'After V. outstanding. 7 (383) $11,365,074 $11,113,539 $10,221,039 Shares of capital stock S3.17 JOfter $3.03 requirements. tAfter preferred dividend p. 1669. taxes.—V. and $0.81 SC.82 share. com. •Preliminary report, charges $ $ $ 4".?..*. * / - Corp.—Asset Value Per Share Rises— assets Net 71,102,26 1 296,400,600 294,400,000 5,517,273 21,110,431 21,676,303 6,289,446 6,289,448 6,289,448 78,967,843 Sales * . ., . As of— '1950—12 Mos.—1949 1950—3 Mos.—1949 - ^ - Niagara Share Biscuit Co.—Earnings— National Period End. Dec. 31— Chronicle The Commercial and Financial . world's p. newest 1439. and most Pfeiffer Brewing Ypo m Co.—Sales Show Gain— Ended Dec. 31—— Net sales after Federal and State SALES Period End. Dec. 31— Sales —V. (in 172, bbls.) p. • 1950 excise taxes— $23,221,521 OF BARRELS 1949 $19,953,731 OF BEER 1950—Month—1949 134,547 124,848 1950—12 Mos.—1949 1,618,077 1,438,427 2483. Phelps Dodge Corp—Secondary Distribution—Blyth & York Co., Inc., after the close of the market on the New Stock Exchange on Jan. 18, made a secondary offering of 50,000 shares of common stock (par $25) at $68.37 fe $1 per share. share, net, with .a dealers' discount of offering was oversubscribed and the —V. 172, p. 938. per The books closed. Philco Corp.—Completes Record The corporation vith total of sales approximately President, announced Television on the showed Jan. most Year— William $335,000,000, 4. increase , * : . prod¬ Phiico all of , , due ucts, with 1950 production and sales 300% as great as in 1949, Mr,Balderston reported. Electric refrigerators and other products of the Appliance Division, which today represents a larger volume than that of the entire in 1941, showed the second largest gain. Espe¬ cially striking progress was made in electric ranges in 1950, the first jear the Philco range was made and sold, according to Mr. Balderston. Philco of Corp. company's -'-V. in 1950 172, was Y/-' > 2223. p. The profits $4.50 taxes, per • '■>■ ' ■ Principally Fields—Not in Organized to — who resigned recently of Delaware. t'There Mr. be public no "The 7 / stated initial capital has been subscribed by a small group prominent industrialists and bankers, among whom are the following: David Baird, ;a director of the Hudson Motors, Ekco Products Co., and Roosevelt Hotel, Inc.; Virgil Dardi, President and a director Blair Holding Co., and Emanuel Ebin, director of member of Mack, the of Empire the firm director a President Trust of Carl M. Loeb, L. Loeb, Jr., The , W.. Straus, Refining Co., director a of partner director a Revere of Western Chairman of of the the -board < York New N. Y.; Webb & The Knapp, officers Richard :The Inc. of Fink Mr. and David Baird, Richard further stated Weininger that hoenix," v.'hich said there Mr. Mack, exist good "to be by Phoenix a will such ompany' 1940, but fields from as "The by main in a so-called be subject retain its time time to to emphasize," said the directly industrial an subsidiaries in advantageous. > • appear companies private has the from Year Ended Nov. 30— ; Engh, items Harold v. ftf the to many on » 11 The the .1949 for office at 1// will be the completed Lehman be used to State income to company employees .share the includes years.—V. 173, filed 10 shares under (which three Jan. on 10,700 of letter a of (par $2) Employees' Stock Purchase interest), payable monthly 9. p. with notification stock common ' • ' Plan over shares-, i. exercisable are Boston, Mass, the 101 Va and 3'/4% the at . Telephone oper. " $1,061,101 • . proceeds will be trust company is a closed-end type. after a, - loan of proceeds of Vvhieh, cbmmon' stock be per > to used 101 Va % of of'Stone Webster & for used redeem 12th The mill , . diversified to of : - working capital. investment financing Jan. on to program tons 225 annouoeed 9 boost from 165, their at $21 Dec. Preliminary negotiations have beon heldconoerning a possible merger this company and Allegheny .Luc'lum Steel Corp., according* an Associated Press dispatch from Pittsburgh, Pa., on Jan. 18.— V„ 172, p. 2223. 27, which time 1, Jan. 17 headed on the 1956 the xedemptien redemption PROCEEDS—The cdmmon. stock. :/'""/ length the line, the 1,072 miles. contractors excavation and exclusive cost entire the of addition receive $1,500,000 $10,500,000, of In will extra for the project cost is to these awards, of services, of or river two $60,000,000. a for 252,552 Ltd., in Continental .Sinclair this Oil Refining the Co, Wyoming and line new refinery routed with line it is undertaking are": British American Co., The Ohio Oil Co., The Pure Oil about prices proceeds $10,400,000. at BUSINESS—Company The - estimated requirements that it. All crosses, systems in these or the that fcr practically It of Rocky Mountain it about all can middle pipe be companies and area, will mortgage 90,000 due James with, nearly 1034. p. shares prior 4o of GIVING EFFECT law has been to The series, -• ■ due July 1, (3% R 1970_______ $16,000,000 1973 eliminate all Based -in share as The asset per) value an Per major collateral Mr. Orr was pipe pari Cum. pfd, stock The on corporation has advised the SEC that it has borrowed instalment note from Mellon National Bank & Trust an 1 note will March T. 31, M. payable 1952, Evans, f.2,000,000 Mellon be of President, short-term National additional in quarterly instalments through Dec. 31, 1955. and said that borrowings provided the the that of share______ trust $2,121,189 ; 3V4% reported that Co. from ties Corp. asset net Dec. on 31, 1950.—V. 173, the oi Rollins Byllesby & Co. & William R. Bateman, 2,833.81, oortfolio borrowing- replaced outstanding with been corporation with funds. The borrowing helped H. K. Porter & Co., Inc., Delta-Star Electric Co. at a cost of $3,000,000. high voltage electrical equipment.—V. 173, p. 106. $1,000,000 of . ; '■Loss, the purchase of Delta-Star makes The company with banks generating plant will be built at Albright, W. Va.. R. Faul Smith, President, stated. He said the project represents about; half of the outlay planned for new building and improvements during the next two years. The company expects the Albright plant to be completed by June, 1952.—V. 172, p. 1930. Net ' - The ment for Fed. 282,768 State income taxes 275,121 122,883 Net Cash —V. profit $159,885 dividend paid 167, p. 551. furnish taxes and 172, $0.39 profits exoess to finance The the loan, had been raise money in is of for a 197,819 39,564 173, p. Co.________ & Mason Co._______ 5,000 Brush, Slocumb & Co._x.___ A. new locomotives. 173. required by public Board 172, Bailey C. Governors ot the listing of of that sale the agrees insur¬ by railroad the of equipment by V. 1440. 172, p. 60 cents, or 24.6%, Hoffman 1,500 & 1,500 :—. Davidson___ & 1,000 White & Co.__—_—_ N. 1,000 of shares stock common on 17 Jan. (par $1). r Seaboard Air Line Offered Jan. Salomon — offered 19 1, RR.—Equipment Trust Certificates Hutzler & Bros. the net asset during the 12 value months associates and on equipment trust cer¬ tificates to be dated Feb. 1, 1951 and to mature annually $4,920,000 of 2M>% 1952 to inclusive, at prices to yield from 1966, 1.80% to 2.65%. The group won award of the certificates Jan. 18 Two on bid of 99.3766%. a bids, other each naming Halsey, Stuart & Co. Inc., 99.29; under the to approval secured are cost not by new than less members Corp. a 2V2% coupon, of the received were viz: ard Harris, Hall & Co., Inc. 99.117. Philadelphia Plan, the certificates Interstate standard-gauge Commerce railroad v being offered Commission. They are equipment estimated to-" $6,587,646. of the Y underwriting group and Stroud & Co. Inc.—V. are 173, p. Drexel & Co., Union 204. company trust cer¬ Net profit 1950 $3,141,000 - increased 1,500 Reed & Co,__—___ New York Curb Exchange the 600,000 2383. p. Seeman distributed, 1,500 ________— Goodwin 107. p. Securities As of Dec. 31— gains Brothers Schiekj Inc.—Listing of Stock Authorized— subject Republic Investors Fund, Inc.—Assets Up 50%— capital H. / Pacific Coast Securities Co. 4,500 t-V. 106. assets 1,500 1,50*1 5,000 Co 1,500 — Friedman/-/- 5,000 Co & Company.: 2,000^ 2.000 Hogle & Co._________ Maxfield J. Wholly-Owned Inc.' (& Brothers, 3 Months Ended Sept. 3C— Including & Dewar 6,000 2,000 F. Swift & Co Henry 5,000 more hopper 1,000 furnished- mostly financial circles through 7,000 Whiting, Weeks & Stubbs__ Other expected the 2,000 ; 8,500 Walston. Miller Issued money be agreement purchase which the acquisition of the short-term will Wageuseller & Diirsi,' Inc._ Wulff, Hansen & Co :_ 8,500 Co.___ 6,000 Richards Feb. 2223. p. 15-year conditional sales year. money 2,000 Ipc..; 680,048 Nil income with .1— Raggio, $8,858,342 631,869 this & 5,000 1,447,294 $0.67 companies 2,000 Sutro 8 500 & Co., $28,332,115 S!621,701 and 20 Diesel switching longer-term 1949 $356,748 and _ will the tificates.—V. laxas___. received a Frank & Meyer____- 5,000 companies. Total , banks and would 1950 $8,039,301 sales Profit before income Prov. - insurance be to 500 gondola cars cars, It Prentiss Wabers Products Co.—Earnings- 1948 1,447,294 ' requirements.—V. than $10,000,000, is in connection ance Year Ended Oct. 31— has entered into and equipment $12,750,000 preferred dividend 2,000 McAndrew Stern. Lester & Co.____ The 1,736,753 and Federal Lundborg & Co.__^_ Irving 12,500 Co.__ California —V. share__^___ charges 2,000 12,500 Inc.____l__ & 2,500 2,500 secu¬ Reading Co.—Borrows to Buy Equipment— . Potomac Edison Co.—To Build New Plant— A tAfter taxes, in tAfter 2,500 Co._ /Bingham, Walter & Hurry_ 25,000 , & Northwest Inc.^ Staats Co authorized "1949 3,509 3,000 & Co.____ (Inc.) Co., Eichler & Co.___ (& Subs.)—Earnings— 1,278,079 & Co., 1950 ' common M. 25,000 Coj^____„_ Blah. 204. p. Weedon Revel follows: , Crowell, - ______________ Witter & Dean Securi- H. Hhl as $41,050,627 $22,988,129 per Shares Pacific Webster the are:- Tully & Co.4,500 Shuman, Agnew & Co. ;Pacific Co. of California___ Davis, Slcaggs & Co & First ' and be purchased by each to .Mitchum, 25.000 Hope & Co._ . None severaF underwriters Smith, Barney & Co.__j__^ 25,000 Wesley Hall increased ••♦./ h • • . 2,400,000 shs. Stone net ..2,924.54 income JEarnings the "325,000 sho. « Shares ' & Beanei__________; ner the : . sales tNet of i *,> . 6,000.000 shs. ' names 375,000 shs. 300,000 shs. „ 1,000,000 shs. -. preferred stock new -. j, , pari Inc._______/_ 49,000 Co., Schwabacher * Nov. 30, '50 $30.45 / S29.12*. appreciation Months Ended Nov. 30— Net This' each of '' & the securities, bond unrealized Common shares outstanding,.—^. new had $187,500 6 shares Outstanding 10,000,000 - . par)___. Elworthy & Co .Dec. 31-, '50 , Raytheon Manufacturing Co. $3,000,000 ($10 ■./'*. - (H. K.) Porter & Co., Inc.—Bank Borrowings— stock .($20 Ripley & Co., Inc. 25,000 Merrill Lynch, Pierce, Fen- author¬ in ^ was used $16,000,000 > ,'375,OOOshs. 300,000 shs, 325,000 shs, . (serial designation and undetermined! UNDERWRITERS—The rc- ' '-• /> > share common . / ■ common Per rities all ' . pan during increase . quotations of the portfolio company's outstanding securities of the /• $11,355,233 result." a charter • , market on coverage pari ($20 We°den December. and ($20 ($20 series at >•' _ of the above local series 600,000 -retirement > ;> Orr, President, • has announced the company to $11,690,325 from • this of present . after be FINANCING v. 10,000,000 series rate PRESENT TO .. to incorporation effect will Authorized'' 5% Common the stock. common share per stock the M pfd. stock, 4%rI< Blyth H. of $1,33 per daily. The line is so' Wyoming can be connected-' 172, However', $21.80 of " Harriman • sale was pfd. stock, 4.40% will shares of nationwide group a is price the Cum. div. . month barrels in connected west.—V. market a Co. production certificate 1 scale down. from bonds' (net limited!: series, the completion upon provide lines have to " company CAPITALIZATION of twelfth interest. 290,000 ■ incorpprated in California on April 6, produces and sells electricity and engages in the retail distribution cf gas wholly within the State of California serving 59 communities in a territory with an estimated population of 535,000, 1905, funds, treasury 'bonds, accrued from assets, of CoV Oil amendment 1950.. Delaware 4 Participating to increased Asset Value Up— rock of total since under crossings. Estimated .• • • : ■ •• "Ya" * • stock ization) for preferred stock.' estimated it is $650,000 approximately 3^4% and proceeds close of-business on Nov. 10,/ 1950, all but 710-shares of the then outstanding preferred stock had',, been converted into common stock and the remaining 710 shares were retired by redemption on Nov. 20, 1950, so that the only outstanding stock of the company prior to the above stock offering consisted This that trust amount the necessary and ' ' to retire $4,000,000 of bank-loan notes, to reimburse the company's treasury for expenditures made for the acquisition of property and for the construction, completion,-extension and improvement of its facil¬ ities, and to finance in part the company's 1951 construction program Cumul. ,pfd. stock, recently, the capitalization of the company practi¬ its -inception consisted of bonds, -preferred stock and cally of collateral any of ' publicly offered 325,000 shares of series ($20 par value) and accrued dividends. The offering share per Jan. .3%% NOTE—Until' \ , $1,000,000 and ' oversubscribed and the books closed. Until number of to company, which has undertaken the construction of a 20-inch crude line from Wyoming to Wood River-St. Louis area, has awarded construction contracts aggregating nearly $8,500,000 for the full the principal common pursuant corded with offered 1322. p. cumulative preferred stock, 4.40% Series C, commitment, subject to certain conditions, for , be evidenced by its 5-year .23/4%, note, the ' ' together $3,600,000 modernization a total.daily capacity of its St. Helens, Ore. tons.—V. 175 •San Diego Gas & Electric Co.—Preferred Stock Offered Outstanding -.v >,.$3,000,000 600,000 shs. Z 505.104-shs. • 612,076 - of underwriters which First , $3,000,000 par»___ to 976,119 .r •//,' * present Authorized / r —Blyth & Co,, Inc., -•Y 1955, due management • effect company to was Service Y $1,000,000 series, 2223. p. estimated to used ________ a above retire of -tAuthorized Platte Pipe Line Co.—Awards Contracts— *19,579 'St. Helens Pulp & Paper Co.—Plans Expansion— , , Stock Offered—The,, bonds, J- $3,000,000 between • $9,965,550 ••19,345 v charges._-___ Va-e 105,72/61,393 172, 173, v expansion >*,.» //. • . . ■•>//, „; interest, and the balance the /The company has a Pittsburgh Steel Co.—Merger Being Considered— : $11,102,371 vl,«68 - " 1950—11 Mos.—1949 $920,353 V- rev^ V Corp.—Earnings— 1950—Month—1949 - revenue's _ the) from purposes.—V. // '•>, — office • collateral 23i.% .note tCommon stpek ($10 shares • $4.47 834,319 same $40,000,000. > Proceeds corporate >/>/':;■" ) •, . -5-year offered period $3,733,256 107. p. Uncollectible > the $14 at a $5,862,239 834,319 i capital Period End. Nov. 30— stock capitalization/giving ' ' , be to 2,242,500 per share Cum. covering 4,032,000 taxes twcr: Brothers. prepay 1956, and general ' from $40,000,000 by to 1951 for used common company, of . The i 5,975,756 $7.03 and profit- Operating Net BUSINESS—The • Pitney-Bowes, Inc., Stamford, Conn.—Files With SEC •SEC 1949 . 9,894,239' , Privately—The offering to its common stockholders of record,; right to subscribe for an additional 252,552 the $4,000,000 at . Wall 40 19507 $43,166,113 $35,198,423 1 three —V. borrowed loan were Y'.\ proceeds—The net .//- >"• y>' ; \ Subs.)—Earnings— 7 charges.^ Fed. Earnings , main after Number of .v; between ' rights Corp., to develop them!. aid them Z after they are rijtihing into larger units." " ' its ■••■"/ 172, p. 2483. 1_: Net , dealer-managers: Stone & Webster Securities Corp.; & Co.; First Boston Corp.; Kidder, Peabody} & Ca.; Paine, Webber, Jackson & Curtis; Tucker, An- : thony & Co., and Whiting, Weeks & Stubbs. and established ' on arrangements • * Phoenix Industries Corp. •Street, New York City) • / • the out¬ share of Scranton a Such subsequent filing with the Commission.—V. Sales Estabrook businesses, or of? sub-contracts and as Act philosophy of Phcenix," continued Mr. Mack, "will be to stock that subject to a favorable ruling favorable ruling was not stock, /•" Rabbins MillvInc/(& .,', (par $10) at $12.50 per share on a share-for-share basis, with an oversubscription privilege, the subscription warrants to expire on Feb. 2. The offering is not underwritten, but the following are acting in such of 8/lOths of Department/ its for Republic's Contract— additional $20,000,000 from an corporation maturing loan shares of operating through under loans company is Mr. Mack, Company the proceeds of Jan. 'investment Y or Investment as or public financing, sell, merge, or consolidate them properly, situations' 'special 'investment trust' to character, business, in selected suitable be would will engaged i west not as tompany ' , providing management, financing, I want ' that in company's-third the according started Railway & Light Securities Co. Walter S. Mack, Jr., William Zeckendorf. interested 1949, 106. „ Phoenix prospects have '//.,/ May, bank p. Dardi, and a —V., 173, investors and development and reorganization. c In Industries Corp. will operate merchandising fields either directly subsidiaries. "It will be the policy of principally in the industrial tr through majority owned i Virgil of / ' $20 000,000 Zeckendorf, President of American Broadcasting Co. of orders $1,000,000, already 1949. The " William director a of > of corporation are: Walter S. Mack, Jr., President; Vice-President; and Albert Fink Milton, Treasurer. are: Milton, Mack Inc.; exchange holders -\ to Operating revenues $1,061,101 • * 3918,485 $11,083,026 3% promissory notes to mature • $9,545,971 Operating expenses _Y._/ c 725,347- / 690,515v-v5,678,531 oh May 1, 1974. 7,431,760 This raised to $60,000,000 the outstand¬ Operating taxes JSziss- V" 179,358-". '112,393'fy4j866,617 1,370,426 ing amount of these notes as of Dec. 31, 1950. They were r issued under a loan agreement entered into in May,'•» Net operating income*,- $156,396 $115,577/ $1,537,878 - $1,143,785 the Weininger, directors Albert Co., direct about institutional investors of Berlin, and Muenchner Lichtspiel Kunst A. G„ Munich; George Weymouth, a director of Delaware Trust Co., Wilmington, Del., and Transport Republic Treasury ■' .>■•■ authorized was contemplated been to sell par, 3,741 Profit ... Union, Associated of basis in $5 . shares represent the excess number of shares" of Scranton remaining after rounding out such stock on the basis of- the 8/IOths of a share of Scranton to one share of Republic stock. The balance of Scranton stock, to wit, 56,259 shares, "will be the" subject corporation has informed the New York Stock Exchange i Texas; apd Brass Corp.; E. Carroll Stollenwerck; & Co.; Richard Weininger, formerly a director of Corp., London, England,Czechoslovak Banking Laird the on . Republic had stock, * to stock 1185. received totaling Deliveries that it has borrowed Copper Securities S. . Rochester i Smelting & Insurance Co. and a Life for Radio Corp. of America—Notes Placed •. American Of share one U. The ... ^ .. facilities backlog of unfilled orders now is more than the total a year earlier, Mr. Engh said.—V. 159, p. 1290. f . Roger to the obtained. . company's / times Co., presently a director of Commercial Controls Corp., Rochester, ■Lloyd Smith, a director of First National Bunk of Houston, of , stock It distributed , proposal common •. 18/ 1950, its of the Scranton' stock the be SEC ' - Dec. the shares of Co. Electric-Co. would common notified 18 1951, 3,741 Electric stock a of man construct to ordered. • ' until recently' Chairman of formerly President of Phoenix Securities. Corp., Chair¬ the board of United Cigar-Whalen Stores Corp., and a / director of Allied Stores Corp., and Celotex Corp.; Gerald M. Loeb, partner of E. P. Hutton & Co.; Joseph Lubin, partner of Eisner & Lubin; Albert Pink Milton, who is resigning from Equity Corp. to become Treasurer of Phoenix Industries Corp., formerly Executive Vice-President of Equity Corp., a director of Eastern Corp., Bangor, / Me., Vice-President and a director of Southeastern Shipbuilding Corp., /Savannah, Ga., a director of General Reinsurance Corp,, N. Y., and • Pepsi-Cola used company lias ' Co., Radiator be forces armed , and a Rhodes and Co.; Walter S. the board and President of National Co., John Ltd.; Poods. will President. . Inc., California; Lucky Stores, of Dorset , Frov. of of construction for ,PyIe-NationaI Co.—Receives Government This financing of Phoenix at this time," funds 29, in-Abington Scranton of stage of bleaching.—V. 171, p. . will Mack. of Chairman as. interest < company has reported to the SEC negotiation of a loan of up $1,500,000 from Bank of America, S.A., San Francisco, Califat-.. 3% Interest. It will be repaid in semi-annual instalments of $150,0007 ~ the Board of Directors of Pepsi-Cola Co., announced on Jan. 16 the formation of Phoenix Industries Corp., of which he is President. The new company has Just been organized and incorporated in the State Jr., •• provided Jan. Scranton By SEC order dated ; acquire 60,000 shares of to Investment Trust— an S.-Mack, The stock borrowing from This prepayment Proceeds Walter of Jan, on The and 1 Merchandising Industrial proceeds for corporation after or standing Puget Sound Pulp & Timber Co.—Bank Loan— > Phoenix Industries Corp., N. Y. City Operate - 1, outstanding obligations as follows:-,$2,000,000 of 2l/2% promissory notes, due April l, 1951, held by Irving Tru6t Co. and $1,960,000 of first mortgage 3%% bonds, due June 1, 1977, held by Mutual Life Insurance Co.—V. 173, p. 9. ' earnings share on the split jtwo-for-one in December, excise and approximately which stock, common income were The on Life Insurance Co. " ; tual and After allowing for federal ' 1970. The institutions participating in the financing were Mutual Life Insurance Co., John Hancock Mutual Life Insurance Co. and New England Mu- > company Dec. Republic Service Corp.—Stock to Parent— . vately—The company has sold to three institutional investors $3,500,000 of 3% first mortgage bonds, due Dec. 1, 1980, and $3,000,000 of ZV*% sinking fund debentures, _ Balderston, / substantial Public Service Co. of New Mexico—Loans Placed Pri- ; . in its history, biggest year the just completed has 1949 ' $2,094,000 per of Common 1950.— shares ^Includes of the $132,984, a or 1949 1948 -$336,710 after taxes $164,184 $265,237 312,600 312,600 312,600 outstanding— Earnings per common share share non-recurring 43 cents preferred stock then Subs.)— 1950 per net profit share! . t$0.44 $1.08 l_a_ from +After outstanding,—V. the sale of t$0.76 real estate dividend, requirements 172, p. 1139. on ) r.'t-; Volume 173 Number 4979 Seiberling Douglas -Assistant * ' " • Jan. on - ■ i President to announced ' . J. 17.—V. 171, ■J * Texas Gas Transmission Gas Co.—Partial Redemption— Southern Union President— to has called for redemption on Feb. 15, next, through operation of the sinking fund, $720,000 of its first mortgage sinking fund bonds, 27/a % series due 1975, at 102% and accrued interest. Payment will be made at the Harris Trust & Savings Bank, 115 West Monroe Street, Chicago 90, 111—V. 173, p. 204. This 2483. p. ' - . Asst. of Public Relations, has been named P. Seiberling in addition, the company Director •' The company 1 As of Dec. Total net Asset value assets 'After during : distribution the _ share per — of cents 21 Net Dividends year. "Net investment realized income investment from profits $51,070. the before.—V. year appreciat on 172, of 45 $338,472 totaled $3,592,508 to rose $782,129. compared with against $727,100 agamst $1,078,119 was investment on Unrealized 1949. 1950 in realized profits income total 72 cents i Profit before 'Federal Net income taxes 1949 $883,622 _____ $586,136 220,972 taxes income —V. $546,738 205,616 $365,164 1,119,500 $0.33 for contarct awarded been to. dent Shellei has Jan. completed, been Dryden Shelter's $20,000,000.-. The Dryden -Division, before Sheller, produced gas masks during World War. II. t -plant, with Keokuk, Iowa plant.—V. 173. p, 204. - Shoe Corp. of America—Stock j *" .authorized the (no 50 % - ' . by ■ ; , stock listing ; - The ' <; issuable dividend.—V. ■ " v year income Oct. Stores, Los Angeles, Calif.—Files SEC company of - of 169, 12. p. outstanding f ;:v. ■ ■ preferred and —V. 171,. one The underwriting. , the share of common stock at $30 per unit, without proceeds are to be used for working capital. ■'■■■•. /'.v; ,/% ■; ;'■ V, ■ Smith Corp. (& Wholly-Owned Subs.)—Earns. 1949 ,$3,828,786 $1,943,786 $1,916,376 $1,687,190 1,000,000 $1.94 1,000,000 1,000.000 $1.92 $1.69 taxes——.i. , , income i——— p. share——• per —V, 172, — outstanding-,-,...,.—__ —laxcs Earnings 1834. ... y and V. . > ' ■ /■ .■ . ' - Expansion— of The ; domestic its '.'■' v:/%- . the 1 of the new contracts were 172, 1675. p. Standard-Thomson for 50% about ' Year Ended Oct. 31— Gross ^Net V after income stock Earnings in p. " . 41.203 156,661 345,833 266 860 266,830 $0.17 share $0.65 • $1.39 " of group and companies American three .conducting negotiations 754. for the : 1950 6 Months Ended Oct. 31— V Sales Common shares • outstanding ./-.'After 705,500 452,650 452,650 $1.12 Sonotone shares ; 466. p. charges and preferred dividend 1950 $375,300 taxes 1949 $359,110 $352,215 829,878 829,878 $0.38 $0.37 829,878 ; $9.40 - requirements.—V. \ 170, 1948 r , 112. p. South Carolina Electric & Gas Co.—Plans Expansion— The , . The plans company its in to build service $48,000,000 a area" between generating steam to unit has in be been service by placed with the fall of Columbia General Electric 1952.—V3172, : • Southern Indiana Gas & Aiken, and Co. line sinking be also 1951 in for the received of of . to shares one authorization 1970. subscription by ratio SEC $17,500,000 authorized was additional 155,546 offered 16 bidding bonds due fund Southern writing Jan. on of issue its common share new first sell par, stockholders each for issue ten without of The proceeds of shares Jan. then to 30, held. Rignts the financing to prepay notes issued as-temporary financing of construction requirements and to provide additional construction funds. Bids to Be Received for Bonds— be received the by company at Room 1130, 90 Broad St., York, N. Y., up to 11 a.m. (EST) on Jan. 23 for the purchase $17,500,000 first mortgage pipe line sinking fund bonds due 1970. The coupon rate is to be specified in the bids.—V. 173, p. 204. from it of Southern New England Period End. Nov. 30— Operating revenues Uncollectible oper. , gas $4,792,502 8,537 Operat'ng revenues 1950—11 Mos.—1949 $4,321,157 $49,999,716 $46,559,540 8,450 103,213 100,547 Net —V. operating after 172, $4,312,707 3,769,188 3,195,892 36,108,741 516,403 476,641 6,346,140 35,231,351 4,926,972 $498,374 $640,174 $7,441, b22 $6,300,670 395,907 548,358 6,315,901 5,208,270 _______ income charges p. 2224. marks ,, ,^ , ■ v,;|f /• stock lower • . owned pipeline, new operated and introduction pf'natural gas into New . York City the natural pipeline route.—V. its will and gas/ >l . // .. take Gulf Texas 173, 108. p. ; /"■ ..." . / .....1 .■.. .•. , - ■■, - j> :.. Udylite Corp,—Earnings— 9 Months Ended v / Sept. 30— / , before Federal income 1949 1,181,000 taxes 1948 577^000 853,000 ——r-- contingencies-:^—■'./ for Provision taxes income 1950 .$24,179,073 $16,226,328 $17,661,704 2,897,841 1,462,559 2,164,444 sales Net Profit Cr75,000 on and income Net $1,716,841 $885,559 818,577 739,827 $1,236,444 739,82 I $2.10 ___— Capital shares outstanding.. $1.20 $1-6/ Earnings per sbare___-_______. —V. 171, p. 2130. was filed with 1949 1950 Sept. 30— Provision for income taxes ._ 377,942 income $616,643 $1,040,385 494,376 494,370 $1.24 $2.1Q Earnings per share— Corp.—Acquisition— —V. 172, p. 1948 $9,407,0"^ 1,678,041 637,65J 475,376 — 994,585 154,650 profit before income taxes..- $7,178,695 386,784 $0.49 sales Net $5,991,833 $232,134 Net 10 covering the SEC on Jan. Union Asbestos & Rubber Co.—Earnings— 9 Months Ended service the along area first acquisit on outside the the Atlantic Coast, extending corporation's from Massa- Tlie transaction involves two bulk storage plants, one at Dover, both in Ohio. It also includes all at Barnesville and vehicles and equipment, plus office and showroom facilities at Dover.— V, 172, p. 200., 1238. Union Carbide & Carbon Corp.—Secondary Offering- Dillon, Read & Co. Inc. on Jan. 16 headed a group mak¬ ing secondary offering of 44,945 shares of the outstand¬ (no par) at $55.75 per share. Dealev was 90 cents per share and the reallowance Gas Transmission Tennessee Co.—Plans Further Con¬ None of the proceeds will go to the stock was quickly sold and the bookj cents per share. 30 ' a ing common stock concession company. The closed.—V. 172, p. 1736. struction— FPC to authorize the con¬ struction of facilities necessary to increase the design delivery cap¬ acity of the company's pipeline system by 40 million cubic feet per day and the development of a gas storage project which would add 200 million cubic feet per day of delivery capacity to Tennessee's system during periods of maximum customer demand. The company Jan. on 11 asked the construction program is estimated to cost $51,028,000. The project would include approximately 438 miles of loop on Tennessee's Buffalo and New England extensions; com¬ pressor units aggregating about 44,000 horsepower in existing or authorized stations; and approximately 14,000 horsepower in a new compressor station. The company said that the exact location of the storage field and pertinent geologic representations will be supplied in advance of the hearing on the application. A and ties proposed new the construction cost would be financed out of funds operations, with the remainder by the sale of securi¬ through bank loans, the application states.—V. 173, p. 205. portion resulting of from Union Tank Car Co.—Borrows from Bank— The company Dec/31 the from First ment The This of Fund, Inc.—Assets Over $3,000,000— Jan. 4 reported net assets of over $3,000,000. exactly 15 months after the first public offering of the stock corporation was on this Fund. On with net the bid asset same price day, of the $12.56, offering price reached a new high of $13.58 This represents a gain of $2.77 from the Aug, 31, 1949.—V. 172, p. 2129. value per share of $9.79 on $13,700,000 as of of Ntw York and under the $20,000,000 loan agree¬ announced that it has drawn National Bank of the City has the Chase National Bank of Chicago existing between it and The balance availab1'1 the two banks. will be drawn by March 1, the company said that a further credit of $10,000,000 wil be made available by the two banks until Dec. 1, 1951. The new borrowings will be represented by promissory notes carrying interest at % cf 1% above the prime commercial rediscount rate of Chase under the loan agreement It was also announced Bank,—V. National 172, p. 1140. * United Air Lines, Inc.—Breaks • • Previous Records— closed its books 011 record-breaking 1950 operations best December traffic in the company's 25-year histor \ to final estimates released on Jan. 12 by Harold Crar,., This corporation with the according Vice-President—sales, $49,896,503 $46,458,993 $4,783,965 expenses Operating taxes Net __ ■ the its supply from 56 gas fields along the Coast, an area which contains nearly onethird of the nation's. estimated natural gas reserves of 180 trillion cubic feet. The facility has been authorized to deliver gas to 46 gas distributing companies and municipalities in 10 of the 12 states along on Jan. 9 announced the acquisition of the liquefied properties of Barnesville (O.) Development Co., which gas" customers in Southeastern Oh'o. purchase Texas Operating •. result the -city's with The Louisiana "bottled chusetts to Virginia. Telephone Co.—Earnings- 1950—Month—1949 _ rev._ ■ mains ol company Tennessee's Bids-will •'. of long-awaited Net 3.200 serves and $20,000,000 of 2% Nev; preferred Qf notification petroleum present 16. the . - holders Suburban Propane Gas under¬ record subscription price is to be fixed by the board cf directors. use i/'-. 2426. The pipe stock, common expire on Feb. to _ • and $7.50 to will proposes ..'j the share). one mortgage The Southern •■/'■" with customers. Capital shares outstanding—.—— ' competitive w Placed Bonds — Natural Gas Co.—Financing Approved— company *, J, carrier $240,000,000 this million several ■;'.1 ;■ The shares of common stock (par $5), to be offered through Gold¬ Sachs & Co., St. Louis, Mo„ at the market (approximately $17.25 The proceeds are to go to selling stockholders.—V. 169, man, per Electric Co. to common letter 5,084 scheduled" is and . under company Co. Stix, Baer & Fuller Co., St. Louis, Mo.—Files— 2383. p. one A " The & 86,849 shares are issuable of the latter preferred stock on the basis share for each two preferred shares.—V. 172, p. 2224. cumulative 55-cent C. S. ; V. 172, p. 2129. sell ; distribution of Privately—It was announced on Jan. 15 that this com-. pany has placed privately $3,000,000 of first mortgage bonds, 27/s% series of 1951, due Jan. 1, 1981, at 102% and accrued interest through Smith, Barney & Co.— Southern the Jan. 17 authorized the listing of 686,848 shares of new common stock (par 10 cents), of which 469.726.5 shares were substituted for a like number of previously outstanding and listed $1 par common shares, 130.272.5 shares in substitution for and in connection with the conversion of p. i added, he Pickands, Mather linking , output save mixed • Mr. Hoyt work soon, by plant ultimately will have a capacity of 300,000 kilowatts, according to S. C. McMeekin. President. He added an order for the first be The Board of Governors of the New York Curb Exchange plant new exploratory proved, begin managed '1 the "somewhere be property being optioned covers more than 1,000 acres and is in the gen.eral vicinity of property which the Inland Steel Co, optioned from Steep Rock a year ago/and. is now exploring. The area is about 140 miles west of Pert Arthur and Lake Superior.—V. 172, p. 1437. /: for </.■ to should ore will lease ^\ *■ outstanding_______ 'Earnings per common share..______ 'After 171, sufficient the / pipeline, gas utilities $15,000,000 or n*ore jin annual operating expenses before, taxes, althoughthis will be partially offset by increases in taxes,' wages and fuel for manufactured gas which will be group. Sterlmg Engine Co., Buffalo, N. Y.—Listing, Etc.— Sept, 30— after income Common $1.49 $0.51 ■ forward going are If taking Corp.—Earnings— 9 Months Ended Net said.- 545,622 requirements.—V. dividend preferred Plans $8,018,188 259,000 432,700 taxes 'Earnings per common sharc_______ - ' 1948 1949 $9,188,100 $12,295,000 after inccme Net natural by this corporation, is approximately 250,000,000 cubic feet a day. This will be stepped-up gradually until the maximum authorized capacity ol 505,000,000 cubic feet daily is reached. Of this, 251,000,000 cubic feet will be supplied to New York City utilities, 152,000,000 will be taken by various public utilities in New Jersey and Philadelphia and 64,000,000 will be reserved for delivery to New England. Other areas along the way will take the rest. \ :' . / ■ •\jull companies States, bills for 'The is Steel town : . ceremony Initial involved are the Bethlehem Steel Co., the Youngs& Tube Co., the Interlake Iron Corp., all of the United and the Steel Co. of Canada, Ltd. - /.. , y. The ■ Co.—Earnings— a / '" / stretching 1,840 miles Valley in Texas to New York City, was placet! Jan. 16. longest, Grande New York City gas companies, officials said the line will substantial savings in operating costs. This ultimately spells gas • Solar Aircraft Rio . firm Canadian one -World's Long- Line Placed in Operation— operation on in / negotiating with the above corporation an, agreement ta, explore and an option to lease certain'iron ore property inr the Steep Rock Lake area in Western Ontaria, .Canada, it was announced on Jan. 17 by Elton Hoyt II, senior partner of Pickands, Mather & Co., which is $7,547,945 236,880 "A the At • 1348 / $6,820,859 taxes—______ outstanding per —V. 171. 1S49 $0,051,741 sales Common v 1950 loan will be used to pay part of the Constellations.—V. 172, p. 2484. Lockheed of two .five Contracts . price world's The. from $200,000 Zarbock, Zarbock for aircraft lighting fixtures type oil pressure valves.— corporation two on proceeds of the additional est Pipe /.. . Aairlines, Inc.—Notes Placed Privately— Transcontinental Gas Pipe Line Corp.- 1951 ■.■ ' purchase / ■ ' of Tulsa, Bank in-- December borrowed an additional 3% promissory notes, bringing. to $10,200,000 the amount of these notes that were out¬ standing as of Dee. 31, 1950. They were issued under a ^ credit agreement with a group of six banks and the 'Equitable Life Assurance Society of the United States negotiated in August, 1949. " / < : Steep Rock Iron Mines, Ltd.-r-Proposed Leases— , , has company $1,200,000 V. said that if present demands continue the companies approximately $80,000,000 on exploration and develop¬ entire year of 1951.—V. 173, p. 107. - - / - • said about: 50% : (& Subs.)—Earnings— Clothes, Inc. Society Brand ' ' 1 has received contracts totaling more than last month from leading aircraft manufacturers, Lawrence Vice-President in charge of sales, announced on Jan. 15. Mr. .... . for The , ; • ; Standard-Thomson Corp.—^Receives $200,000 1,360,492 2,172,343 $0.29 $1.00 The' company , . Net Capuai , . spend ment $3,047,682 .Provision for income taxes—1,835,000 $3,289,916 1,373,540 before-income Profit / 2,172,343 1441. p. .Trans World < . 1948 ;1°50 3 Months Ended Oct. 31— • Petersen would - j and company the first six months Mr. • * (A. O.) •.'/ j:' 1950 period. I ; 927,453 2,172,343 $0.43 637,313 p.- 205. . subsidiaries' will spend $41,500,000 in exploration work and oil field development', * according to T. S. Petersen, President, who said the •expenditures will be 14% more for these purposes than in the same This during (par 2101. p. with notification of letter a —__ Standard Oil Co. of California—Plans of preferred stock (par $25) and 10,000 $lf to be offered in units of one share shares stock common filed 11 Jan. on 10,000 covering shares 2,175,037 issued a promissory note for $550,000 to the Okla. The notes are payable in instal¬ 1951, through the like date in 1955. Interest is at 4% of the unpaid balance of" the loan. ■ The proceeds of the 'borrowing were used to retire the $170,000 balance due on promissory notes issued by the company last July, and to provide in part funds for the purchase of Fidelity Royalty Co.-'- Toklan bought Fidelity In December, paying $195 per share for 2,1703/4 Fidelity shares.—V. 173, 1950 V* 1949 $33,841,138 $30,923,228 ' 6,600 24,530 : 11,937 ■ 12,317 $0.55 $1.99 V * 'V"*; etc.—________ taxes, Earnings per preferred share ; 1948 1949 1950 , outstanding. share per 'First National during ■/• 1 27—t Federal after 'Preferred."shares 204. - taxes shares 172, The to expects to spend $19,500,000 for construction ended Aug. 31, 1951.—V. 172, p. 2383. ' Fiscal Year Ended Net Sept. 30— after Toklan Royalty Co.—Borrows from Bank— r repay * The Capital —V. sale, are to or ■■' , —-V. Shopping Bag Food pipeline $42,300,000 $31,490,955 $15,679,072 $18,955,050 Earnings ; subscription •'Net-:sales shares of class A common connection with the payment of a in 173, p. acquired by other stockholders. / ./ Stahl-Meyer, Inc. (&Subs.)—Earnings— Dividend, Etc.— . , a increasing meet sales Income of privilege the with held, shares 13 each subscriptions, stock of > the company fiscal the ' , . 3 Months Ended together with the proceeds of the sale be used for construction additions and bank loans obtained for such purposes. The company has entered into a contract for the private sale of $12,006,000 of first mortgage bonds 3% series due 1981 (to be issued in three $4,000,000 instalments on Jan. 31, April 30 and July 31, 1951, •respectively, and "expects to enter shortly into a contract for the sale privately of 10,000 shares of its preferred stock.'/ >,. . ,„'./ 222,750 additional of value), par - to 107. p. Net , the New York Curb Exchange on Jan., 17 The Board of Governors cf -stock be asquisllion the-component parts will be produced at Dry den's Chicago other parts and final assemblies being scheduled for the Some of _r will Division its mately for for securities/ other .'improvements mask assemblies at an annual rate of approxi- manufacture gas to , announced Gas lments from Jan. 20, Proceeds >- 'of 13 by Oliver G. Vinnedge, Vice-Presi¬ and General Manager of its Dryden Rubber Division. tooling of After able mask assemblies, estimated-at $6,500,000, by. the Chemical Corps.-U, S. gas on share date record 173, Net ment. this.corporation Army, it was announced ; , price and the sub¬ scription period are to be supplied by amendment. A group of dealers ..headed by Dillon, Read & Co. Inc. will solicit stockholder acceptances of the offer. Unsubscribed shares will be acquired by an underwriting group; and Dillon, Read & Co. Inc. will head that group. The terms both of the solicitation and underwriting are to be supplied by amend¬ 114. An initial has - additional The Sheller Manufacturing Corp.—To Make Gas Masks— . the with 12 filed a registration statement shares of its $1 par common stock. be offered for sale to common stockholders pursuant of transferable subscription warrants, at the rate of .oversubscription for shares not $0.30 * day. a designed program Timken-Detroit Axle Co.—Earnings— is to exercise the -one $341,122 1,119.500 $0.46 stock The to $513,353 share per 169, p. - 1,106,300 ,_ Capital shares outstanding Earnings 1948 1950 370,269 income —V. Jan. on company covering 233,576 ,SEC (& Subs.)—Earnings— ,9 Months Ended Sept. 30— gas Texas month wartime emergency (needs for natural gas of plants and labor forces devoted to the pro¬ duction of military material. This program, calling for the construc¬ tion of 580 miles of large diameter pipeline, would raise the company's daily deliveries by 200,000,000 cubic feet to 900,000,000 cubic feet daily. * Shattuck Co. cubic feet of this construction SEC— Registers Additional Common Stock With - 4 Earlier oversubscribed share., The offering was per is made : The (Frank G.) 700,000,000 ; and the books closed:- 2383. p. cents said the increase company >. stock '(par $1) was made on Jan. 15 by Paine, Webber, Jackson & Curtis at $16.12V2 per share, with a dealer's concession from deliveries by natural gas 19. Jan. possible by completion of 4 compressor station construction program begun several months ago. The 2,400-mile Texas Gas system now serves residential and indus¬ trial customers in the Mississippi and Ohio River areas with over The secondary offering of 24,982 shares of common —A is increasing its -daily feet, it was announced on cubic ' Service Co.—Secondary Offering Public Southwestern $10.77 $12.72 ._ share per. share compared with 57 cents in per ' 1949 $19,035,503 $15,893,605 1950 31— Corp.—Completes Program— corporation 60,000,000 Selected American Shares, Inc.—Assets Higher— : 9 (385) Chronicle The Commercial and Financial . Co.—Mueller Rubber Mueller, . . •» company carried more than 2,500,000 pa"14% and flew an estimated 1,520,000,000 revenu-' passenger miles, up 13%% over 1949, Mr. Crary said. Air cargo registered even more impressive gains. United llrw approximately 9,260,000 express ton miles, 28,438,000 freight ton miiej, During the year, the sengers for a gain of and 13,117,000 was up 38%; air mail As compared with 1949, ^air expre / and air mail, 17'/2%.—V. 172, p. 173^. ton miles. air freight, 29% ; 10 (386) The Commercial and Financial Chronicle United Board & Carton Corp.—Earnings— ; 24 Weeks Ended Nov. 11— 1950 Net profit after taxes Common shares outstanding—^-- 'Earnings 'After $103,394 239,570 239,570 239,570 $1.22 $0.24 allowing for preferred 172, $0.36 dividend requirements for the 24-week company and Allentown-Bethlehem Gas Co, have applied to SEC for an order permitting the issue and sale by Allentown to of 30,000 shares of its common capital stock ($50 par) in pay¬ ment of (1) Allentown's $600,000 4% promissory note payable to UGI and (2) $900,000 of open book account advances by UGI to Allentown. The proposal also involves an increase in Allentown's authorized from 120,000 shares to 200,000 shares. interested persons until Jan. 23, 1951 to proposal.—V. 172, p. 1932. company authority off-shore Jan. on to fields applied 4 construct in the and Gulf of the to operate Mexico Federal natural the off The Co. would A second extend operated by section from the of line, latter cost the of 12.3-mile section the 14.4-mile portion is estimated $2,502,112.—V. 172, p. 1238. to assets (indicated Net asset value asset 'After per stocks the in value the total in $741.98 720,710, after United affiliate, after V. deducting States and a «fe liquidation of amount of the first and Foreign 170, with combined a of * $20,344,100 at the of was $98,- value two of value asset 1950 value Net 'After per deducting preferred stocks the in value the total NOTE—Approximately and & of the of the company's common stock (which see Vclsor, President, on Jan. 16 Leidy Township, Clinton County, in been first $0.62 subsidiary, Keta Gas Oil & brought in. the well has . 12,000,000 cubic market-for feet this "indicated an dally." gas/'-^-V. Co., He and second second announced in Pa., preferred 9 Months Ended Sept. 30— Net the flow natural 1949 1948 $1,625,479 $1,721,226 385,603 taxes—$1,991,709 outstanding.!——385,603 385 603 _——•■/<: $5.17 $4.22 States Products Corp., Ltd. (Calif.) Changes Hands— Ownership of this of prime emphasis United the The has its plant at San Jose, quality fruits and vegetables, fruits. on C. Tyson, Comptroller, He will has continue been elected a Comptroller as post. Eonner Establishes Transfer Facilities in Irving S. the Olds, directors for Chairman have its of decided the to Board, addition to is stock th*}olhe board has ai\r transfer iila 173, Co. of agent Chicago common stock. of stock of tbe aPP°*ntments p. 205. will 17 in the and City the become National Continental co-registrar It both expected is of that The be are to then effective about RFC Appeals Finance the to watch appealed the July in Commission Jan. on for company 10 , fine for $2 in approximately the project used for per share, The eastern on the is of of Fork River $40,000,000. The a in installed Insurance Co., on Jan. 9 $27 added to on or filed a Salt Lake common at $20 before per letter of stock (par per Feb. share, 28, notification $10) the 1951 to with the first SEC offered unsubscribed to the portion) public at the" share), without underwriting. The working capital.—V. 171, p. 2614 31- - • 172, profit 5 filed $100, are a B net proceeds per buildings than more production at 300,000 by 1, Dec. and sales on service capital. completed Exchange The station purchase $2,350,962 under terms City proceeds also company instalment of that of of as 31, last. agreement' an Bank stated contracts Oct. with of New York and Insurance Co. of New York will advance Life of of Fort Wayne, Ind., $300,000. The by Merrill Lynch, Pierce, negotiated was agents for the borrowers. as the loans wiil be Dealer of be letter of 15-year and used notification stock Jan. 16. stores 172, 5% with debentures each, (& to the be to SEC offered be without issued company and for Jan. on shares $160 5 filed of working letter a common share. per The of notification capital proceds stock to are be with (par used the $100) to SEC to repay be bank capital. (par $1) at $1.62V2 per share nolly & Co., Inc. and Moran & Co. V. 173, p. 205. Walter J. Con¬ were For further details, see The corporation exceeded met and sedan .reported Mr. t$9,015,000 4,512,000 2,707,000 902,432 902,432 $12.93 $9.31 • at ended for M. for sedan gains for annual the station combined added/that production alone products wagon, were in topped both the spring double" 31, the 1949. civilian light- trucks main the and 94% factors. company's summer quar- ters. Continued for coming high level months Willys dealers and in recent weeks, by demand the fact distributors Mr. for Canaday civilian that have field Winn & Lovett —V. 172, —_ p. 2484. stocks seems in the considerable 172, p. indicated hands of shrinkage 2484. Grocery Co.—Current Sales Higher— Period End. Jan. 6— Sales—. vehicles undergone concluded.—V. 'Includes $332,000 realized in 1950 (after providing for Federal tax applicable thereto) frcm saics of mature timber. tExcludes $1.«'31,000 profit realized from sale of company's woodlands and timber (less Federal taxes applicable thereto). Giving effect to this sum common share earnings were equal to $11.45 a share. +After preferred dividend requirements.—V. 172, p. 939. than for five to than for quarter same trucks 16. Dec. 10% 103% and month the President, more ended of final and "more at attributed 1950's for at wagons, Jan, on months quarter each and Chairman meeting three 1950, station accounted 1949's final all-steel deliveries Canaday all the 31, jeeps its Canaday, for for over Dec. Army demands the sales reported volume 41% Mr. 612,000 share———.. dollar 820,366,000 and Ward stockholders to quarter schedule civilian deliveries, estimated jeep, the in production substantial Canaday said civilian vehicles company's total output. the the 5,000.000 598,000 • the time 14,015,000 __'$12,2u2,000 — outstanding. common 1,343 at Unit 1949 8,000,000 taxes— — ; 30 12& Wilcox-Gay Corp. — Stock Offering—Associated with Gearhart, Kinnard & Otis, Inc. and White & Co.; in the public offering on Jan. 9 of 500,000 shares of common of 20,262,000 — 34 127 operation 2384. p. (The) Whittemore Co., Roslindale, Mass.—Files— The under¬ Subs.)—Earnings 1950 taxes income in 1950—12 Mos.—1949 $1,505,987 $14,720,991 $11,441,995 ' 43,000 expand business. & Paper Co. 1950—Month—1949 $1,691,487 operation stock 1949 (par $1) $1,000 to in stores Willys-Overland Motors, Inc.—Production Rising— • dividends shares have Stock various balance Bank, National Co.—V. 172, p. 2130. T* loan outstanding on 61,000 common $500 to dividends Common York working unpaid was Life proceeds civilian Common will partial mortgages New National Trust Company 2130. p. time'. City, Utah be Federal in by Webster horse¬ $95,464,000 $88,441,000 income 13 banks to Sales n —V. $50,601,015 $38,329,140 8,120,162 5,887,413 sales for for are sold aggregate National Project, '1950 West Virginia Pulp before by the Period End. Dec. 31— a 282,000 Year Ended Oct. 31— Profit These be & retire He Net for reached had December Sales Up 12.3% and for Year 28.6% Higher— issuance horsepower, and the energy utility purposes by the company, Washington and northern Idaho.—V. 172, and $125,000 of capacity as used to increase working capital outstanding borrowings. The company, which has its principal offices in Wichita Falls, Tex., operates 34 retail stores carrying auto accessories, replacement parts, household appliances, furniture, sporting goods and other merchandise. It also sells these products to 127 dealer stores. con¬ operation and Clark .— Jan. proceeds emergency is about scheduled Firms—This The and public high figures,—V. denominations secured Fenner & Beane take to West Florida Gas & Fuel Co., Panama City, Fla.—Files writing. still amount, awarded Stone construction of two new should and advised transaction coln the by company ordered construction development Shares in hands of public Dec. Number of shareholders on the Westinghouse reach p. 2225. transaction held Welilngton Fund, Inc.—Gross Sales Up 32%— company this years. currently $2,000,000, The Guardian Life Insurance Co. of America $400,000, Reliance Life of Pittsburgh $300,000, and Lin¬ the have approved a ten-for-one split of Charles L. Hall, President,: announced capital was not increased.—V. 134, p. 2741. record will be which scheduled to • this cost of be by Stores, Inc.—Arranges Loans from Insur¬ corporation has arranged with four life insurance companies for loans totaling $3,000,000 on 3V2% 10-year notes, it was announced on Jan. 16. The 10. fine, $50,000 employment White's Auto over last were plant's capacity, been Instead, contract a are Chase ance collateral. watches 1970. Pittsburgh Works. space has an Cleveland at Boston, Mass., rejected the petition Corp. for a rehearing of the company's Year Ended Dec. 31— Gross sales Provision that This represented $50,000 a the stock, stated Net Fire offered (about be to will ^Earnings company market of since and return turned shareholders common The April , Home covering 10,000 shares of to common stockholders to The Co. borrowing it. having in none Mutual 16 by power annually, had capacity, company covering facilities 1 that 'SO.10 taxes; This Co. generator revealed East notes offered of that facilities arrangements to establish United States Steel Corp. by —Files With SEC— The to operates Preferred Utah of Power capacity which nt Jan, on complete •—V, Jan. on withholding to 1970 floor of The Watch citation inventory covering 20,000 shares of class transfer aPP°inted ?, Chlca°° Co-transfer National Bank & Trust corporation's preferred ana these Chicago banks will tne been - the t has $4,000,000 loan a hydroelectric estimated power his Chicago— huge of, the 652,840 '$0.18 2225. p. license generated 'New Vice-President In announced establish outstanding stock. J ? Illinois 652,840 County, Idaho, and Sanders County, Mont. project, designated as the Cabinet Gorge Hydroelectric The The Chicago Corporation contempt $4,000,000 for Court Federal 50-year ■ States Steel Corp.—Tyson Promoted— corporation. new / corporation Francisco Robert RFC kilowatts Phillips The r;; Waltham the properties. 111,480 Washington Title Insurance Co.—Split-Up Voted— United States Products Corp., Ltd., which Calif., is engaged in the canning of higher with '$39,038 Co.—Repayment by RFC— of increase Motor Co.—Notes Placed Privately—The com¬ has borrowed $2,284,000 on promissory notes from New England Mutual Life Insurance Co. They bear in¬ terest at 3.95% and mature serially from April 1, this year, through Jan. 1, 1971. 4,978,782 '$93,899 110,866 income will White Control — has changed hands, it was announced on Jan. 17. Nathan Cummings* has acquired, for the Consolidated Grocers Corp., of which he is Chairman of thev Board, virtually all of the outstanding securities. Principal sellers were Lawrence Investment Corp, and the Estate of Carl N. Lovegren. oan S. for Board advisory an pany Washington Water Power Co.—Assigned Project— ; $4.46 the due chiefly to the excellent results from highest grossing Disney feature since President, said.—V. 172, p. 2130. Finance Reconstruction 172, in the stockholder, 5,778,954 $1.C6 and company's Engineering //v' U. of 20 the normal feet the at p. 2384. United account are trustees withheld, was case.—V. Subs.)—Earnings— 1950 the Oct. 2/48 Federal effort 3,000,000 kilowatts 6,000,000 bankruptcy. The watches were delivered to court-appointed July on order of Federal Judge George C. Sweeney, but proposed income after Capital shares per-share-.. V"''. , said about last cash the of "assured an He $4,939,744 652,840 the Court a collateral of The gas approximately has and Standard Standard Phillips, Vice-President, said defense needs have speeded-up what might have been an expansion project strung out over covering 16,576,307 agency had refused tempt. its wholly interest, has of as trustees which one-half company (& is the Federal a cash out it the ,:-v. in RFC • United States Playing Card Co. Earnings The stock 205, the to government loan owned by the United above).—V. 171, p. 2202. owns collateral Despite is initial said p. 173 which Reconstruction cash States Leather Co.—Unit Reports Well— Burch well owned 11 brokers Oct. 1/49 estimated r year. $530,000 check a System 18,500. to Mr. $5,685,055 share— White," Roy O. Disney, The $204.69 —'$4.51 liquidation of the of $39,033,333. Foreign Securities Corp. United A. in $251.22 amount 99% approximately 80% States share... common Jan. on through 24,873 $525,000 Waltham Watch 1949 $50,244,123 $40,938,871 the to Chairman 666. p. 1953. $7,293,849 ; pany's financial condition "Snow in efforts as the serve 172, and I. 1951.—V. 172, outstanding common "Cinderella," first preferred share.—— per SEC defense T. working capital increased from $4,617,543 at Oct. 1, 1949, to $5,247,751 at Sept. 30, 1950, and current bank loans were reduced $2,011,285 during the fiscal year. These improvements in the com¬ its capacity.—V. pending entire remain to Co., nearly doubling capacity for producing generators needed to power the company's 1,500 Net 1949.— of the (& Subs.)—Earnings— . ■ assets the offered declared llncludes preceding continue of Chairman as Brake Co. now his he will President position a Westinghouse Air & Signal problems devote Chairman— and completed nation's about $717,542 per 'Loss, accepted The Is Board on Jan. 17 announced it has begun a "multiexpansion project at its East Pittsburgh (Pa.) works. by 1953, it will afford facilities for dollar" When share). per expenses dividends and United States & International Securities Corp.—Assets asset $15 with profit shares will the corporation million the A EC for a fiveletters of intent from the ore in the Utah-Colorado- Sept. 30/50 Common $78,594,965 end The the new refinery will bring mining in the area. be to _ and will thereafter, consultative The T;{•. 1 \: 7 As of Dec. 31— Net than filed was , ' »•«:.■'/. . Net less Switch of has of pressing and Co.—Boshell Westinghouse Electric Corp.—Starts Expans'n Program uranium stcck common Preferred second investment1 in value asset 1640. p. of notification of Income Earnings Corp., indicated representing Securities Corp.'s reduction expansion of costs Net $43.65 $15,000,000. $27,721,300, compares corresponding Total $580.00 , '$60.10 NOTE—The year-end combined asset value for this corporation Its affiliate, United States & International Securities the and expects Year Ended— Total 1949 $74,197,887 $58,000,194 share common deducting preferred value) first preferred share—.. per value district Walt Disney Productions United States & Foreign Securities Corp.—Assets Up— Net Standard and with proceeds are tc go to Wenman A. Hicks, the selling who is the owner of 37,673 shares.—V. 172, p. 2225. line is $1,279,657, and $1,222,455—for a total of 1950 of the Boshell months; .Co., President Union of Mr. Brake Chairman Electric and subsidiary, several Plant,. Etc.— The As of Dec. 31— Net letter A Boai*d System, Files With Securities and Exchange Commission— 2,673 shares market (not & Monday, January 22, 1951 .. 1932. currently is negotiating already has received plans to buy uranium It substantial a of cost the Air Boshell, Gas Because essential numerous and l/evada-Montana Magnolia, Continental and Newmont. Estimated of O. Standard now p. company Commission. the in approximately 14.4 miles long, southerly to another platform point 172, contract year The company is proposing to build about 12.3 miles of pipeline extending from the Pure Oil Co.'s platform southwesterly to a platform operated by Magnolia Petroleum Co., Continental Oil Co. and Newmont Oil Edward Basin purchased the Sale Lake City Kalunite plant owned by J. R. Simplot Boise, Idaho, industrialist. A new division, known as Vitra Chemical Co., has been formed to operate the plant. The new division plans to spend about $500,000 to improve the property and to re¬ design it for uranium processing. of Louisiana. coast Manufacturers Works is Vitro Manufacturing Co.—Buys request facilities gas Westinghouse practical River This company, which manufactures colors for pottery and glassware addition to purifying uranium for the Atomic Energy Commission, in Commission Power for its stated.—V. United Gas Pipe Line Co.—To Increase Facilities— The for grade Missouri j < has given the rich has capital stock upon low too the chemicals, Victor opening a mine on the Maiden Rock phosphate deposit and constructing a $5,000,000 plant for processing tne rock into elemental phosphorus In the vicinity of Butte, Mont;, it was This hearing in of -Committee. the a Develop Mineral Deposit considered developed company, through hydroelectric power supplied by the United Department of the Interior, it has recently been announced by W. G. Sloan, retiring Chairman of the Interior Missouri Basin Field UGI SEC be States United Gas Improvement Co.—To Inc. Holdings in Unit The formerly will use by this Chemical common deposit commercial 2029. p. mineral A 1948 $73,045 per common share....... period.—V. Victor Chemical Works—To 1949 $306,621 . . 1951—4 Wks.—1950 1951—28 Wks.—1950 $13,886,555 $11,099,125 $82,747,515 $46,973,867 Number 4979 Volume 173 . . 11 (387) The Commercial and Financial Chronicle . Stock Record «» New York Stock Exchange DAILY RANGE OF PRICES YEARLY RANGE OF SALE PRICES Rang* for WEEKLY VOLUME OF TRADING FOR EVERY LISTED ISSUE Lowest 9 per thare Jun 37 3 per 8 per share 17% *17% 35 Dec 2% Feb Oct 21% May Juix 23 44% Nov Jun 11 % May 18% Jan 97% Mar 51 % Acme 21 42% Feb 14 48% Dec Dec 55% Mar 4% Nov Express Gas Alabama 3% Jan 3 Dec 15% Mar 29 23 Dec 28 Aldens Sep 67% Jan 4 77 Oct 18 4 Dec 2% Jun 27 5% Dec 29 3 86% Dec 30 20 19 64% '17% Jan 86% Dec 74' Sep 8 83 % Oct Jun 27% Jan 21% Jan 3 47% Dec 5 July 93% Feb 89% Mar 2 Jun 8% Jan 8% Jan 3 88 Sep . 104 94 Mar Jan 53% Nov 18 11% May 27 60% Aug 24 1 15% j'urT 19 Dec 19 Jan 3 23% Dec 22 24% Jun. 30% Oct 26% Dec 11 30% Jun 1 Dec 32% Jan 13 44 % Sep 28 35% 25% Feb 83% Jan 97% Nov 93 25% Feb 33% 28% Jun 27 Dec Feb 16 76 Jun 88 Oct 81% July 12 26% J&n 37% Dec 30 July 13 53% May 31 i 2% Jun 37 Apr 89% Feb 120% Dec 27% 26% 27 27 27%. 27 27% 26% 27 26% 26% 4,600 42 42 42% *42 42% 42% 42% 43 43 *42% 53 53 53 *53 53% 53 53 53% 53% 53% 53% 25% 25 % 26 25% 26% 25% 26% 25% 26% 25% 25% 4-1 9% 9% 9% 10% 9% 10 33,500 48 380 30 50,400 100 $4.50 conv preferred 3%% preferred 100 Alpha Portland Cement No par % Dec 29 Jan 161% Dec 26 30 53% Nov 22 Amer 61% July Jun 12 Dec 30% Mar 35 Jan 5 43% Dec '96% July 104 Jan 101% Feb 8 109% Oct 4 Jan 7% Jan 13 14% Apr 8 % Apr 21 21 Jun 10% 30% July 3% Jan Jun 4% Dec Jah 106% Dec 172% Mar 187% Sep 178 22 2% 81 21% Jun 33% Jun 82 25% Dec 39% 47% Sep Feb 30 14 120% May 24 190 Jan . 17 35 Oct 79 Feb 27 27 -38% Dec 19 Mar 22 51 6% 50 Brake 4% Shoe 2 Co No par com convertible preferred Broadcasting Co Inc American Cable 15% Feb 19% Dec 18 13% Jan 21% Nov 17 Jun 3% Dec Jan 69% Dec 641% Jan 93% Oct Dec 12% July 12 6% Jan 19% July 31 Jun 27 2% July 13 3 Jun 61'A Dec 54 45% Oct 51% Dec 34 Jun 43% Oct 44% July 12 43% July 26 Jun 5% Oct 37 3% Jan 4"% Jan 3 3 46 Jun 48 Nov 46% Jun 30 24% Jan 32% Dec 25% Aug 3 5% Jan Feb ,73 9% 6 % Nov Sep Aug 100 75 Dec 13 26 8% May 19 24 Nov 24% Feb 24 4 4% Mar 23 79% Oct 7% Cable & Chicle 4%% prior preferred Co com 8 % Dec conv preferred series B_100 American 49 Dec 34% Apr 9% Apr 92 11 13 ' 7 21% Dec 28 Jan Jan 13% July 3 Jan 84 81% July 3 Dec 12% July 12 78 Jan 4 Sep 5% Jan 7% Mar 4% Jun 22% Jun 33% Dec 29 96% Jan 105% Nov 104 3 Mar 22 July 13 14% Dec Par 13 6% Jun 26 101 Nov 28 No par American Export Lines Inc 40c Amer & Foreign Power corn—No par American European Secur preferred $7 Jan ~7 preferred $6 33% 36% Aug Jun Mar 90 Oct Leather com 23% Jan 8% 49 American Ice Co common No par preferred 100 6% 29 American Investment Co American Locomotive of 111 common Mach & Fdry com 3.90% preferred Machine & Metals Amer 1 1 ,—100 No par 100 preferred 1% Amer No par American Metal Co Ltd com_No par 4%% 106% May 17 18% Aug 16 9% Nov 10 non-cum American International Corp_No par 11 11% Nov 22 Amer 100 preferred Metal Products Co 2 com American Molasses Co 1 33% Mar 16 American Natural Gas Co—_No par 3 36% Jan American News Aug 2 22% May 23 American 16% May 12 Amer Rad & Std San'y Jan 11% July 26 175% July 18 Dec 5% July 13 28% Dec Nov 16 185 Apr 9% Jan 28 24 11 51% Mar 16 14 37 Jun 43% Dec 39% Mar 30 53% Dec 39% Jun 56% Jan 50 73% Nov 24 Feb 142 34% Jan 42% 5 169% Sep *157% Apr 4 Dec 37% Dec 22 44 134% Sep 25 145 Jan 150 Sep 19% Jun 28 Jan 21% Jan 31% Dec 7% JUn 12% Jan 130 July Dec 164 22% Mar 24 29% May 9 1 July 14 7% 5 Jan 18 Nov 24 12% Jan 11 25 60 % Aug 17 Jun 128% Nov Jun 27 July 20% NOV 18% Jun 30 138 Jun 150% Jan 146% Jan 3 Jan 76% Dec 60% Fe b Jan Dec 45 153% 62% July 26 22% Feb 3 161% May 20 76% Jan 158 9 *117% Apr 6% Jan 21% Jun 79 Sep 59% Jun 4% Jun 48% Jun 25% Jun 12T Aug 8% Mar 38% 30 16 64% Nov 27 117% Aug 17 3 12% Mar 22 46% Dec 18 21% Feb 28 91% Mar 84 20 100 Dec 7% 63 May 1 5% Feb 14 95 Dec 18 Feb Jan 7% 65 Dec Dec 35% 61 Apr Mar 8 16% Nov 24 Nov 21 Jun 35% Jan 27% Mar 10 40% Dec 28 27% Apr 5 38% Nov 24 preferred 48% 15% 106 X51 55% Jan Jun 28% Aug July 12 Jan 12 Dec 19% Feb 11 11% Nov 9% Jan 4 Feb 15 4% Jan 8 72% Oct 2 36 Nov 13 17% Dec 11 7 Dec 20 100 No par American Stove Co American Sugar Refining com—100 7% 100 preferred 100 American Tel & Tel Co American 6% Viscose Corp com preferred American 7% 100 47% 46% 47% 14,300 100 100 99% 99% •99% 99% 700 45% 12,000 , 99 36% 97% 22. 45% 45% 44% 45% 45 45% 99'A 99 99% 99% 99% 99 36% 35% 36% 34% 35% 35% 35% 97% 97 % 97% 96% 96% 93% 96% 23% 45 98 5% 17% 5% 5% 5% 5% 5% 5% 2,500 100 35% 35% 7,600 '91% 94% 6,300 5% 5% , *74% 30 % 43 5% 6,700 Glass No par preferred No par Anderson-Clayton <fc Co 21% Anderson-Prichard Oil Corp 10 $4 Andes Copper Mining W Products Co Inc 4%% 17% 17% 17% 59 59 59 58 58% 58 58 57% 57% 440 15% 16 15% 16 15% 16% 16% 16% 16% 17% 33,200 43 41 42% 9,700 41% 42% *111% 112% 10% 10% 6% 7% 97% 42% 114 10% 7 98% 98% 183 183 common 44 ; 114 43'A 116% • 42% 10% 10% 6% 7% 6% 71/4 98% 100% 182% 183'A 37% 99% 99% 37% 410 30,900 38% 77 77% 77% 77 79% 79% 83% 82% 83 5,300 30% 30% 31% 30% 30% 30% 30% 3,100 43'A 43% 43% 31% 44 X 30 43% 42% 43% 43% 43% 3,500 20 20% *19% 20 Va 19% 20 19% 19"% •19% 23% *23% 24 23% 23% 23% 23% 23% 23% *90% 91 91 92 % *91 % 93% 92 92 75 76% 74 174 174 176 176 V *172 112% 112% 112% 113% 58% '•55,% 57% AND HIGH 73% 74% * > ^ 55 LOW 6 22% 21 Monday Tuesday Jan. 15 Jan.16 9 per •'.# share 6% 6 113% x53% SALE 76 178 A 114% 551/2 114% 53% 77% 78% 117% 54% 118 53% 55 . 41,200 80% 400 200 *175 118. 120 93 *92 185 1,700 23% 4 4 "4,409 12,200 PRICES Wednesday Jan.17 per share .75% *175 900 20 I per share Friday Sales for Jan. 19 the Week Thursday Jan. 18 t per $ per share C% 6% 6% 6% 6 V8 6 6 6% share Shares 3,400 2,000 22 22 22% 22 Va 22% 22% 22% 23 22 22 207/a 21 20% 21 Va 19% 207/a 20% 20% 20% 20% 11,700 2% 2% 2% 2% 51,600 3% 3 3% 2% 2% 2% 2% 92 17% 79% 92 94% 92% 96% 90% 91% 90 90% 16% 17% 14% 16% 14% 15% 15% 15% 15% 16% 69,700 79% 82 79% 84 77% 78% 76 Va 78% 76% 78 20,900 54% 54% 54 Va 54% 13,100 *46% 47% *46% 47% 500 8% 8% 8% 8% 12,400 ; . 54% 53% 54% 54% 54% 53% 54% 49 48 48% *47 Va 48 Va 47 47 8% 8% *50 30% 8% 52 30% 8-a *50 30% 8% 8% 8% 55 50 50 30% 30% 30% *50% 30 Va *50 Va 52 7 *78 82 *78 82 173% J 7% *17% 17 Va *16% 17% 18 Va 18 Va 18 18 Va 18 21 6% 7 82 17% 67/a 6% 82 6% *78 6% 20% 21% 21% 22 3/8 102 Va 102% 102% 102% 15% *86 10% 49 105% 16 88 10% 153% ♦86 10% 6% *102'/a 16 16 88 *86 10% 10% 7 48% 105% 17 17% 18 18 Va 18 Va 22% 22 Va 22% 22 Va 23 102% *102% 102% *102Va 17 Va 16% 88 10% *86 10% 16% 17 10% 10% 47% 48 105% 105% *105% 106 48% 49 100 10,500 2,600 700 2,500 40,800 102% 300 16% 19,200 88 *86 88 22,100 82 17 18 105% 49 7 •78 ' 50% 105% 55 30% 30 30 Va 17% *78 91 90 10% 48 48 •105% 106 2,900 2,600 900 18% 18 18 Va 18 18% 17% 18'/a 17% 17% 17% 17% 8,900 10 10 10%. 10% 10% 10 Va 10% 10% 10% 10 Va 10% 28'A 28 28% 3,500 12,700 34 34 34% 39 135 22 151 101% 88% 42 % 39% 27 Va 27% 110 110 67 Va 67'/a 34% 35 27% *33 28 3/8 27% 28 Va 27% 28% 28 28% 34 34 343/a 34 Va 34% 35 35 Va 1,500 20 19% 20% 95,300 13% 13% 13% 52,400 18 18% 183/s 18% 18% 19 Va 19% 13% 13% 13% 13% 13% 13 Va 13% *174 8% 178 8% *174 8% 179 9 *174 179 8% 8% 323% 31% 31% 31% 313/4 31% 53% 53% 54 55 55 55 76 76% 76% 77% 76 77 Va 165% 166% 39% 39% 166 39 % 167 166 40 40 139 *137 166% *174 8% 33 *53% 76% 165% 177 177 10% 9% 35% 36 55 77% ♦52% 54 166% 76% ♦166 77 Va / 167 40 40 40 40 40% 139 *137 139 *137 81,700 3,700 340 14,700 450 1,400 139% 139 *137 34% 36 36 36% 36 Va 37 36% 37 36 Va 37% 34 34% 34% 35 34% 35 34 Va 34% 34% 34% 11% 11% 11% 11% 11% 11% 11% 11% 11% 12 Va 3,000 63% 61% 63% 62% 63 62% 63% 63% 64 Va 2,800 133 *132% 133% •132% 21% 21% 21% 21% 1,800 154 Va 153% 154% 107,700 66% 20,000 *137 62% 133 21% 150% 65% 153 x60 Va X117 9% 42% 101 *89 133 *132% 22 21% 151% 66% 151% 66 153% 152% 61% 60% 117 9% 117 9% 133 21% 152% 67% 154 61% 133 21% 151% 66 V8 153 59 22 Va 153% 66% 152% 65% 153 60 Va 59% 60 117% 117% 66 153 59% 117% 117 Va 117 Va 9% 9% 9% 9Va 9% 9 Va 43% 42 Va 101% 101 Va 117% 44% 43% 44% 42 % 44 Va 42% 101% 101 % 101% 101% 101Va 101% 89% 90 Va 89% 90 Va 91 66% 152% 153 90 90% 89 133 20,200 1,900 300 153 400 60 14,200 117% 9% 43 535 9,600 39,500 101% 480 90 Va 620 18,900 16% 16 Va 16% 16Va 16% 16 Va 16% 80 Va 80% 80 Va 81 82 80 Va 80% 81 Va 83 41 Va 42 41% 42 Va 41 42 Va 41% 42% 41% 41% 39 39% 39 39% 39 39% 39% 40 39 Va 40 1,790 27% 8,700 16 27% ♦109 27% 110 27% ♦109 67 66% 34% 36% 37 17% 17% •17% *6% 6%' 6% *65% 277/a 16 *80 27% 16% 28 27% *109 110 109 67% 67 67 *67 38% 36% 38 Va 37% 18 17% 17% *17% 6% 6% 110 28 27% 109 •109Va HO 30 67 67 37% 36% 37% 1,800 37,400 18 •17% 7 7Va 53 53 52 52% 51% 52% 51 51 51 51% 47% 46% 47% 47 Va 477/a 46% 48 Va 47 Va 48 Va 121% 121% 120% 121 119% 6% 121 119 7 170 42,900 68% 18 6% 120 *174' 9% 35% *6% 47'A 8,700 99% 185 185 43 150% 65% 65% -*152 154 60% 60% *118 118% 9% 9% 42% 43% 120 43,200 37% *17% 10 400 17,100 39% 5 convertible preferred—100 99% 101% 184% 183 20 No paf 7 10% 7% 10% 10% 7% 114 113 116% *114 10% 183 183 42% *114 10% 30 *137 139 35 35% 34% 34% 11% 11% 62 % 62 % 39 5,900 17% 18 Corp— 6.25 52% 75% 50 Wire & Cable 52% 53% 53 43 Copper Mining Common 2,000 30% 17% 17"% 13% 13% *174 178 ' 8% 8% 31% 31% *52 53% 76 76 % 166 166 *101 167 35% *105% 106 *21 Va 167 36% *50 55 30% 30% 6% 6% *78 82 17% 17% 18% 18 Va 20% 21% 102 102 16 16 *86 88 A 10% 10% 50 % 50 % *133 53% 300 169 167 172 41 35% 9 per thare 39 51% 53 *38 35% Saturday Jan. 13 28 34 164% 164% 40 40 40 34% 20% 23 23'A 90% 90% 74 74% *168 174 112% 112% 53% 55 18 10 • 17% *19% 5% *21 Va 20% 40 40 34% 76 16 Va Hock *39% 58% 98 34% 43 *39 182% 80% Anaconda ■ 59% 59% 15% 15% 42 % 42% *111 112% V 10% 10 % 6% 7 16 Va Armco Steel Corp page 99% 45% 99% 36% 5% 43 99% 96% 36% 97% *80 41% P 100 44% 99 ; 25 A 99% 60 98% preferred $5 prior conv Anaconda 47% Oct 18 46% 87% 120% Oct 23 Jan 5 Woolen common—No par preferred 3 95 see 47% $4 conv prior preference No par Amer Zinc Lead & Smelt com 1 89 29% Jun 100 new_25 100 American Water Works Co Inc Feb Jun 25 common preferred American 5% Tobacco Dec 19% 5 American Sumatra Tobacco.. Archer-Daniels-Midland 77 25 No par Co Stores 49% Dec 26 42% Nov 100 —: Co common 33% July 14 26% Jan 13 26% May For footnotes 3 110% Mar No par No par 28% Dec 28 Dec Jun 8% July 2% 108 Snuff non-cum Anchor 99% Mar 5 preferred 6% American 81 18% July 13 22 Va Jan 100 American Steel Foundries 14 80 com—No par Building Co—No par Smelt & Refg com No par American 121% Mar 28 7% Jan Light—No par preferred Amer Mar 30 146% Jun 54% Nov 135 Dec 38% Jan 128 & American Ship 136% Oct 13 16 No par American Seating Co 13 35% Dec 38 Power 1 Co American Safety Razor 14 Jun 120 31% 46 8% 6% Aug Sep 14% 178 5,800 47 1 10 SS Co 23% Aug Dec Feb 6% Mar 29% 46 10 Electric Co 32 Oct Nov 32 10 29% 46% 2% 89 16"% 78 54'A *48% —No par No par No par $7 2nd preferred A 22 17% May 12 47'A Dec 1 Xl2 5% 28% 169 •22% 29% 45% v American Encaustic Tiling Mar 29 25% Oct 76 23% 29% ■■ STOCK YORK 11 July 17 Jun 20 Distilling Co convertible preferred—,—50 American Home Products 1 16% July 18 11% 100 ,10 preferred series A. 100 American Hide & Dec 18% *22% 30% 98 29 Dec 15% 23% 30 *182 conv American Hawaiian 15% 102 100 1 1 10 10 American Cyanamld American Gas & 22% Jun *22% 30% No par Colortype Co 55% Mar 22 Feb Jun 58% 23% 30 No par Co 45% Aug 25 15% Mar 12% 59% *22% 30% 100 preferred American 17 16% Dec 73 59% 23'A 25 common preferred American Chain 13 13 11% 59% American Car & Fdry com—No par 25% Mar 22 1% 44 58% 30% 100 American Can Co 7% Radio Corp <fc $ per share share 26,400 *22% STOCKS $ per 61% 23% 10 common EXCHANGE 5% July 13 3,600 ; 9% 60 59 9% 59% 16,300 NEW share 60 99 10 14% Highest Oct •96 9% 17% 6 6% 99 *96 9% 81% American Range for Year 1950 ( per 3,700 13% 49% Oct Feb 9% 10 136 % 17% 3%% 4% f per share 96 96 96 9% 136 80% 19 Lowest 96 300 138 17% 23 Highest 97 10 10 135% 13% 113% Jun Year 1949 *95% 137% 31.200 81 Range for Previous Lowest 138% 136 44% 13% 178% Jun 13 135% 135 132 1.400 44 17% 16 32% Jan 36% Mar 45% 80 101% July 12 35% Jun 44 13% 3%% 115% Jan Dec 120 45% 80 American Crystal Sugar com Jan 43% 13% 27 99 45 59 % 100 preferred Amer 7 44 82 % 78% 25% Dec Oct 44% 70,100 4% 83% *8C 14 17% Jun 30 97. 82 79 Oct 76% Nov 21 82 13% 19% 8 82 78 Jun 13 82 78 14 Jan 82 % 13%* American 49 82'% 78 23 81% May 82% 13% Feb Dec 84 78 • 17% 23 Mar 84 13% 15% July 17 87 83% 78 preferred Dec 51% 83% 13% common conv 19% Feb 83% 1 Airlines cum Feb 35% 83 % 2,500 79,400 15% 71% July 4% 84 162% 1 50 American Bosch Corp 18 30% Nov Jun 4% 43 97 4% 83% 4% 4% 80 *78 80 *78 4% 4% *52% Corp American Bank Note 18 21% July 13 Jan 19% July 60 3 July 26 July 5 Dec 20 55% Jun 26 Jan : 90 % 7 16 4,000 53 3Va% 26% Jan 23% 162 American 67% Jun 23% 52% 28 14% July 13 28,000 23% 23 160% 27 58 3% 162% 53 Dec Oct 20 3% 52 % Dec Dec 121% 3% 3% *80 82% 43% 133 29% 121% _No par Petroleum 14 69 23% 79 ♦77 79 3% 30 % 130 *120 Agricultural Chemical—No par Amerada 82 27 22% 23% 29%" 100 5% *38 *161 Amalgamated Leather Co com 6% convertible preferred 27 Jun 3% 48 47% 47% 1,000 30% 30% 45 % 45% *99% 10o 45% 45% 58 % No par conv 22% *77 30%. 130 600 43 9% 10 4% 84 10 *22 No par Aluminium Limited 20 5% 10 Allied Stores Jun 30 27 *95% . 9% Jun 10 % Jun 133 *120 3% 9%. 10 48% 29% 30% 130 3% 79 4% 4% 84 43% 100 11 66 *7% *77 84 *78 3% 48 49 29% >120 23'A 23 79 1 Mills 27 27 23 4% Allied Chemical & Dye new—No par Allied Kid Co 5 Jun Dec gtd Allen Industries Inc 20 45 Sep 10% July Dec 23 49 29% 130 3% 3% *77 No par Allegheny & West Ry 6% 49 28% *120 5 —1 Allls-Chalmers Mfg Common.No par 70 Jan 3% 10%. 48% 29 % 130 106 Inc 22 Dec *42 • 49 28 % 10 38% Jan 99% Dec 5 2 *48 *120 preferred A 100 $2.50 prior conv preferred-No par Allegheny Ludlum SteelCorp.Nopar Allied 6 53 25% 9% 1 29 Jan > 6,400 27 20 Jan 6% ' 28% Corp common—No par 4% preferred 100 61 34% : 28% 98 40 100% Mar Oct 44 5 July 36 Jan 43 100% Dec Aug 16 3 4% Nov 4 40 " 281A 5% % 19 Nov 100 6 Dec 145 83 ■<: 6% 27% 4%% preferred w w Allegheny Corp common Feb 10,5V) 5% 28% Alaska Juneau Gold Mining 73 40% 5%. 5% 27% <fc Vlcksburg Ry 18% July 6 6% No par 1 Apr 58 43% 27% 50 Inc Feb Feb Dec 44% 5% Equipment com Feb 82% 43% 27% 6 _1 13% 2% 6 No par , Jun 64 44 6% $3 preferred w w Air Reduction 43% 44% 43% 27% Co 2% * 44 5% Corp___ Affiliated 9 28% Nov 27 2% July 13 11,400 43% 27% Admiral 121 5 Share9 44'A 44% 44 Addressograph-Multlgraph Corp—10 17 13% Mar 15 15 the Week I per share Thursday 27% 39% Apr 20% July 13 110% Jan Dec Jan. 19 I per share 27% 53% Nov 15 7% July 26 Dec Jan.18 .1 per share Wednesday 1 Adams-Millis Corp ' Sales for Jan. 17 t per share share 10 Adams 3 Friday Jan. 16 f per 2.50 Co 29 PRICES Tuesday Jan. 15 9 per thare 5 Motors Co Steel 25% Dec 17% Jan 23% May 110% ACF-Brill 29 12 39% July 14 Dec 19% Dec 5% 30 36% Dec Sep 14% ; July 18 Dec 47 Dec 6 3 3% Laboratories Abbott 21 27% Dec 1 19% Jan Jun 37% Mar 46 54% Jan 1 Jan 1% Par 8 per share share 39% Dec Dec SALE Monday Jan. 13 EXCHANGE Highest •Lowest Highest HIGH Saturday STOCK YORK NEW Range for Year 1950 51 LOW AND STOCKS Previous Tear 1949 122 18 400 7% 700 50% 51% 2,400 47 Va 47% 38,900 120 120 1,300 u Range for g per I per share 8% Jun 77% Jan 69 91 Nov 2 53 39% July 26 94 105% Jun 51% Dec 101% Dec 100% Mar 13 114 Oct 107% July 31 117% Jun 16% 13% Mar 13 % 7% July Jan 19 '% Dec 9 . Artloom 87 Apr 101% Dec 98 50% 30% Feb 80 Jun 105% 97% Jun 105% 15 28% Oct July 12 15 23 25 3 118 Oct 31 Apr 4 109 Oct 19 7% 59% Mar 39 % No'par 152% Dec 11 111% Dec 30 16% Dec 29 21% Jun 12 32% Jun 47 Jan 41 Jan 13 70 y2 Dec Feb 73 Dec 68 Jan 28 86 18 86 Mar 77 Feb 94 30% Jun 42% 36% Jan Dec 95 27 Jun 24 Nov Nov 75% Dec 61% Dec 22 5 105% Nov 27 22% July 13 Refining 257/a Nov 24 common series $3.75 Preferred Atlas 20% Jan Dec 27 27 4% 31% Dec 13 Atlas 9% Nov 17 Feb 28 Feb 7% Sep 13% Feb 15% Dec 14% Jun 29 16 4% Jun Jan 5% Jun 29 ' 11% 25 24% 25 24% 24% 24% 24% 24% 24% 29% 29% 29%:, 29% 30 % 29% 30 30 30% 30 30% 7,700 30 29% 30 30 29% 30 30 30 30 30 4.000 10% Nov , 110% 14% Jan 12 Jan 5% Jan 3 9% Apr 18 37% Jan 4 53% Apr 18 Jun 15 Nov 10% Dec 26 15% Jan 25 Jun 12% Jan 9% July 5 15% Aug 3 $2.25 43% 159 162 160% 162 160 160% 110% 111 111 111 111% 43% 43 440 70 43% 3,600 153% 159% 10,500 11) 43% 110% 111% : 2.000 16% Xl6% 16% 16 17 1C% 17 16% 17% 11,500 19% 19% 20% 20 20% 20% 20% 20% 20% 4,100 71% 70% 71% 72 73% 72 73 72% 73 72% 73% 9,800 84 *84 86 *84 86 84 85 95 *91% 95 *91% 95 62% x61% 75% 62% 62 *84 87 92% *91 %' 95 100 b / 31,800 b l 63% ou * 103% 39% 105% 104% 104% 104% 104% 720 25% 25% 26 Vb 25% 26'/a 26% 26% 11,100 39 39% 39% 115% Xll4% 38% 39% 115 116% 114% 30 1,800 115 114 114 *28 38%' 38% 39% 114 230 ' 31 *28 31 *28% 31 *28% 31 xlO 10% *28% 30 % 9% 9% 10% 97/a 10 10% 10% 10% *16 16% 16% 16% 10% 10% 11% 10% 10% 10 % 11% 11%" 17 13% 13% 13% 13% 13 9,000 11% 13% 13 10% 10% 10% 13% 13% 13% *13 Vb 25% 39% 116% 39% 118 10% 25% 104% 104 104 104 25% 25% *39 700 ——• 104 *28 4CO 87 92% 95 *91% 62-% *84 62% *116% 13% 7% 7% 47% 47 11% 11% 7% 47% A. *16% 47% *16 %. 17 100 17 *16% 17 11,800 1,000 7% 47 7% 8% 8 8% 185,000 47% 7% 7% 47% 7% 7% *46% (The) common 3 preferred No par conv 106% 43% 107 110% 25% Avco Mfg Corp Jan 107% 24,400 111% 16% *103 - Automatic Canteen Co of Amer_—5 7% 44% *106 19% *16 Jun 111 107 19 % 72% —5c Jun 112 106% 43% 43% '22% 22% 111 *106 111 600 16% No par common Co—-—-——-— 22% 22% 22% 22 rllO 9,400 16% prior pref ($1.20)— No par Conv Autocar 4% 10% July 11 157% 110 22% 110% *105% 43% 160 t. • 22 % 106 159 '■-? 108% 22% 110 *109 61% — 34% 17% Mar .29% 21% 22% 110 10 Nichols Austin 11% Dec 20 8 24 % 11 *91% Common Dec July 7 6 %Jun 30 24% 10 600 18% 11% 71% (voting) 20 convertible pfd ser A—100 Tack Corp No par 40 116 15 12% 18% 11% 84 5 Atlas Powder— 5 Feb- 105 12 18% 11 19% 100 B Corp 2 28% Sep Dec 110 12% 18% 110 100 25 "when issued".- Common 29 60% Dec 24% Aug preferred non-cum Atlantic 18 99% Jan Dec 102 5% 6 11% 410 19 *18% 19 11 157% • City Electric Co 10 Atlantic Coast Line RR No par Atl G & W I SS Lines common—1 28 63 *18% 18% 22 Atlantic 19 117% *116% 18% 11 *29% Topeka & Santa Fe com—100 non-cum preferred 100 10 5% *117 117% 18% *109 A T F Inc Atch 117% *102% *116% 10 27 103% 102% 43% 10% July 13 *102% 117 105% 103% Jan 7,300 103 102% 44 Jan Jan 50%, 117 107 Nov 1,700 50% 103 % *43% Co 50,300 51 116% *105% Investment Shares n% 90 % 18% 1st Associates 2 y 90 11 Associated July 12 100 y8 Jan 16 Nov 11% 117/a 11% ll7/a 11% 12 102% preferred—No par 1 Dry Goods common preferredt——100 2nd preferred 100 6% Mar 10 11% 11% 103 103 % 116 $1.20 cum conv 20% Sep Mar xl7% Dec 4% *103 *115% 29% 24 share *115% pai *24% 104 Sep 102% 2.50 Sep 15 49% Ashland Oil & Refining Co com___l Dec 15% Feb 90% 50% Arvin 109 100 91 49% 19 Feb Jan 91 50% 28 Apr Jun 92 49% 28% Sep n% 20 90% 49 '/a 27% Oct 05 93% 91% July 17 Inc the Week 49 48% 5 Carpet Co Inc Sales tor Jan. 19 $ per share 91% July 13 Industries Friday Jan.18 48% par Corp Monday, January 22, 1951 Thursday Jan.17 $ per share J per share 92 *91% 21 —— ; 10% Dec / Constable Arnold 27 12% Jan . S ver share Wednesday 11% par pai . PRICES SALE $ per 11% 21 — — 18 8% July 13 Dec — -— — 14% Apr 8 HIGH Jan. 16 11% 5 com preferred No Armstrong Cork Co com No $3.75 preferred No $4 convertible preferred—No 105% Nov 17 Jun Co of Illinois & $5 conv prior 10 Aur Jan.15 I per share Par Armour 28 13 Jan 11% Dec AND Tuesday Monday Jan. 13 t per share 13 7% Jan Dec Jun 38% LOW 8aturday STOCK YORK EXCHANGE Highest 9 per share share Jun 49% Lowest Highest NEW Year 1950 . RECORD STOCKS Year 1949 Lowest STOCK YORK NEW Kange for Previous fi Chronicle The Commercial and Financial (388) 47% 49% 49 49% 3,000 B X13 8% Jun 11% Jun 27 20% Dec 28 14% Jun 22% Jan 177/a Jun 29 40 Dec 28 14% Jun 25 Jan 17% Feb 3 28 Oct Babbitt 11 7% 38 Jun 72 53 Dec Sep , 9% 21% Jun 15 36 41 Feb 15% 33% 26% Nov 35% Dec 14% Jan 9% Jun 29% Jun 20% Feb 29 98 Feb 9 12% Nov 69 86% NOV Jan 8 26 4%% . 30 preferred Bayuk Mills Beaunit 29 Inc 30 21 Beck 18 Beech Aircraft Corp.. 12 32% Feb 6 July 13 34% Jan 5 30% Jun 7 Mar 11% Jun 16 Feb 13% Jan 10% Feb 16 % 28% Dec Jun 17 Jun Feb 1 11% 12% Jan 4 19% Oct 100% Oct 18 85 Oct 98 Feb 26 Jun 37% Dec 34% Jan 13 21% Feb 277/a NOV 20% July 27 73% Jan 85 Dec 79 Dec 14 1% Dec 1 Jun 26 23% Feb 2% July 27% Oct 25 v , 36 May 23% Jun 129% Jun X85 Mar "■ 33% 141 25 Vb Oct 11% Mar 8 23 13 9% Jan 22% Bell & 10"% Jan 4 %% Jun 14% Jun 15 Dec Jun 25% Mar 21 Aug 27 60 Aug 18 Aug 13% Jun Dec 9% 17% 8% 3 21 X Best Best 49% Dec 28 9 22 11% Jun 34% Oct 26 27 19% Dec 27 15% Dec YORK NEW A sv Black 24 Blaw-Knox 27 Bliss (E Bliss 28 & 4 18% Dec 8 3 41% Dec 18 Boeing Jan 22% Mar 25 35% Dec 18 Bohn Jan 39 Dec 29 60 Bon Jan 11% Dec 8 Jan 10 x24% Jan 12 W) 19 Bond 12 July 17 • Borden 42% Apr 59 % Dec 55 Feb 15 91% May 98% Dec 97 % Apr 1 1% Mar 2% Jan 1% Jan 30 5% Dec 29 18% 8% Mar 15% 13% Jun 120 Jan Dec 23% Mar 24 100 Dec Apr 20 31% Dec 8,200 32% 32% 32% 1,100 18 Dec 58 10 100 Dec Dec Feb 16 18% July 14 15% July 17 Jun 14% Oct 24 104 Nov *33% 34% *33% 33% 33% 33% 33% 33% 33% 18% 18% 18% 18% *18% 27% 27% 27% 28 56% , 21% 54% , 28 *15% 29% 35 % 54% ' 153% 28 16% 11 21% Dec 28 26 Jun 1 12% Jan 3 18% Jun 12 Oct 74% Jan 3 97 y8 Oct 25 40 Mar 29 Jun 91 Dec 80 Apr 84 Dec 82% Jan 13% Jun 16% Jan 12% July 13 7 Jun 9 May Z97% Jun 122 Dec 11% Dec 82 Feb 8 18 Mar 31 108% July 12 8% July 12 69% Mar 7 4% Mar 126 xl7 100 26% Jan x21 28 15% May 10% Dec 127 Oct 3 88 5 105% Jan 24 Oct 5 27 Feb 36% Dee 34% Feb S S2 58% Dec 19 May 58 Apr 50% Dec 8 55 1 Jun 2 Oct 1% Feb 8 41 15% 15 51% Ay 50% 5 65% 66% 65% 66% 65% 66 % 65% 66 64% 66 *101% 9% *102 102 102 102 Vb 13% 19 18% 18% 18% 18% 103 1,600 - 3,650 18% 16,200 2,200 9% 9 1,810 50% 2,800 65 65% 12,700 102 , 51 % 102% 640 2% 2% 2% 2% 48,400 19'/a 18% 18% 26,600 48 48 48 49 49% 51 49% 50% 49% 50% 49% 50 27% 27% 27% 27% 27% 27% 27% 27% 27 27% 27% 27% 2,000 13 13% 13 13% 19,000 29% 29% preferred "when issued"_100 Roller Bearing Co ,—5 Airways preferred No par 2.50 100 • & Shoe Bigelow Co 12% 12% 12% 13% 12% 13 30 30 28 % 28 % 28 29 130 30 15 Vs 15% 15% 15% 15% 15% 15 15% 15% 15% 15% 15% 13,200 32% 32 32'% 32 32% 31% 32 31% 32% 32 32% 10,400 29% 34 39% 52% 20% 34'% 35% 34% 105% 105% 103% 105% 39 % 39 39% 39% 53 *52% 52% 127/8 ! 12% 39 *52% 12% J! *53% 104% *103% 104% 20% *103% $3.60 preferred No par Brunswick-Balke-Collender—No par 30% 34% 105% *53 55 *53 30% 34% 105% *52% 12% 12% 1 30% 29% 30 34'% 105% 39 ,39% 15 30 34 *104 ,*103% 105% *52 % 30 *29% 30 34 40 common *28% 13,800 32 %' No par — Inc v 12% *30 15 2% 30'/a 12% 2.50 Inc., Erie Co preferred Bucyrus 7% Budd $5 (The) common 52% *52% 12% 12% 12% 55 53 53% 104% *103% 21 % 20% 12% *52 *103% 104% 20% 21 20% 39 39 *103% 21'% 21 35 53 30 % 34% 30% 2,200 35 7.400 *104% 105% 190 39% 39% 2,600 *52% 53 12% 12'/a 12 % 54 54 54 104% *103% 21% 20% 9.5C0 300 104%' 21% ■J 4,000 Forge *124 Co 90 91% 21% *124% 21% 126 13,200 100 18% 17% 18% 115,500 91% 90% 90% 700 42% 44 43% 44 44 44'% 43% 43% 44% 45% 2.400 28% 29 28% 29% 28% 28% 28% 28'% 28'/a 28% 2,400 39% 39 39% 39% 40 40 40 40 40 39% 40 30% 31% 31% 31% 30% 31% 31% 31% 31% 31% 99% 99% 99 99 99% 99% 1 100 preferred *99 31 % 30% 99% *99 99% *99 ■. 99% *90 2,000 27 400 310 preferred—100 124 124 124 124 125 126 125 125 125 125 *122 126 preferred 100 Burroughs Adding Machine—No par *84 87 84 84 *84 87 *84 87 84 84 *84 87 20 23,700 conv 2nd 3% % Term Butler Bros 4% % 14% preferred Butte Copper & Zinc Byers Co ( A M) common participating Byron Jackson Co 14% 14% *10% 11'/a *10% $4.25 It 20 Canadian Pacific 14% 15 10% 10% 10% 12% 12% -100 5 85 % 85% 9% 9% 9% 9% No par 24% 24% 24% 25 % s 104% 26% 26% 27 58'/a No par 58% Ltd 105 " No par Ry Dec 20 Cannon Dec 3 14% July 13 60 16% 19 Dec 12 56% Nor 52 57% May 15 Capital Admin class A common $3 preferred A • *84 104% 57% 3% 24% 25% 6,100 102 % *101% 101 % 40 29 28% 28% 27% 28% 6,400 58 {'s 3% 10'/8 33,800 28% 28% 2,200 "13% 65,300 106 105% 105 % 105% *42 43 42% 18 18 18 18 23 % 23% 23% 23 - 23% ' *106 108 420 43 43% 150 18% 17% 17% 1,200 ' 23% 23% 23'% 23% 79,800 57% 57% 300 18% 900 59'% 58% 18% ♦18% 18% 18% 18% 18% 18% *18% 55% *54% 55% 54% 54% *54% 55% *58 106 43 *54% 61 9% 18% *42 43 18% *59 11,200 -13% 105% 59% 3% 13% *41% 59% 6,000 50% 10% 43 60 58% /a 3% 28% *18% *59 58% *50 10 1 ' 3% 12% > 10 No par 58% 50% 27% 105 18% 3% 10% 105% 22% 58% *50 50% 3% 9% 12% 105% 23 % 11,900 25% *101% 9 9% 28 % 12% 17% 9% 24% *50 10% 28% 12% 22% 16G 10 10% 28% 12% 43 3% 40 47,700 12% 10% * 28 % . - 14% 85 27% 10% 12 % 12% 125 14 *83 57% 58% 50% 3% 125 2,300 28% 28% ♦50/k 14% 84 24% x24% X102 104% 27% 125 14 84 3,400 102 9 9% 25% 28% 28% 16% 25 12 % Mar *41% 3%' 3% 10% • 57% 51 *50,V 3% 10 27 57% 51 *50/y „ 104'% *103 *103 9% 25 *123% 14 85% 13% 137/a 84% 124 124 125 12% 84% 90 Mills 15 10% 12% Ginger Ale com„1.66% conv preferred No par Southern Ry Co 100 Breweries 14% 10% 83% preferred—100 Zinc-Lead Canadian 14% 10% 12% Packing common—No par preferred 50 Canada 125 14% 83% California 5% 126 *125 127 14% 11 —15 common 7% 14% 11% *125 preferred—100 Bldg 7% 14% <11% 3 Terminal 12% 22% Dec 90 22 125 17% 28% *39 28 % 9 *88% * 18% 44 28% —5 3% 28 125 16% *42 % No par Inc —1 43% Oct 21% *123% 22% 21% *123% 17% 88% Callahan 21% Dec 22% 125 88 % 29 5 16% 21% *123% 89% 26 15% Nov 30 * 16% Jan Feb 17 *88% 3% Dec 106 124 16% No par Co Co 22% 123% 16% _No par —1 Co common preferred Watch 22% 22% 125 % 22 % 5 —100 Canada Dry 40% 15 15 Calumet & Hecla Cons Copper. 5 Campbell W & C Foundry No par 22. 39% 15% 9% 2s page 40% 14% 19% 51% 21 Sep 14 40 9% 28 43 % Apr 26,500 35% 50% 8% Dec Dec 2,400 43% 35% 9% 12% Feb 13% Mar 30 19% 42% 35% 51% 26% Dec 15% Dec 20 44% 51 28 Jun 19% 42 *35% 9% 8% July 13 10% 17% 17% 35% 17% Jun 27 Jan 17% 31,900 35% Feb 40 13,600 17% 35% Jan Oct 19% 35% Jan May 1,900 19'/a 17% 35% 102 Shares 38% 19% 35% 5% 21 37% 17% 35% 103 the Week I per share 38 19 35% 12% 41 37% 20 22% Jan Jan. If) 18. $ per share 43 *101% Sales for 17% 19% 103 100 Friday 19% 41% > 4,900 19 19% 19% Jan Jun 16% 38 43% Jun 16% 29% *15% 37% 38% 19% Jun 35% Jan. Jan. 17 $ per share 42% 9% July 14 29% 16% Thursday Wednesday 19% 18% 155 155 29% PRICES 43 3% 94 SALE 19% 16% 109% Mar 155 29 *15% 16% 18% Bush 27 Sep *153% 29% 65,600 1,600 2% 24 15% Nov 25 8% Dec 96 154 *15% . 19% Bush 24% Jan Feb 153% • 1,800 9,500 56% 2% 27 30 4 55% 59,000 „ 18% 3%% Dec 92% July 25 13 Apr 26 57 30 .34% 2% 120 July 12 1 55% 1% 19% 4% 28 Dec 57 82 2% 100% Aug 17 Oct 3% Jan Jan Dec 34 42 Burlington Mills Corp common 70y8 29% 35% 51% 28 73 30% 35 *9% 30% Dec 3 29% 35% 42% 18% 17,500 293/4 20 18% 21% 1% 35 18% Bulova July 17% 21% *80% -V 9% Buffalo 91 17% 16% 17% 18% 14,200 1% 18% Bullard Dec 19 18% 82 2,800 19% 95 57% 1% 51 % 21 Nov 22% *80% : 56% 1% 9% 18 19% 21% 223/8 82 50% 20 95 57% *92% 9% Oct May 56% ' 19 19% 19% 95 51% 38% Oct 4 5,400 28% 30 19 57% : 29 15% 38% 29% 29% *92% 56% t per share 39% 1,500 • 121 % Jun Jun 38% 39% 2,900 18'/a 19% Jan. 16 Jan. 15 .,# per share 33% 18% 55 % : Tuesday Monday Saturday 1 per share 33 18% 29j/4 35 HIGH 33% 17% 1% 29 AND 33 18% 22 29 V2 15% 16% 10 33% *80% 82 28 % ■ 34 % 56% 153%' 153 % 28 % *15 ; *34 95 > 1% 'y.34% 55% , 55% 152% 154 23 v 7,000 34% 18% 22'/8 13/8 29% 1% 29% 12% 12% 13 10 83 *81 81 % *34 18% Brown July 10 25% Feb 29 \ 58% *80% 82 34 ... *92% 18% 21% 22% i% 12% 18 ,, 30 95 81% 12% 33 34 58% 35 55 *153 ; . *29 30 35% ,35% V 18% *93 58 A 55% :'yy. 1% *28% 94 *81 82 1% 29 18% 18 *92 21% 21% *80 .< y 94 55% •: ■: 18% 18 % &*92/A 82% 34 18% *33% 34 33 12 *81 .V 18%: Brown 24 Sep see 13% 9'/a Brooklyn Union Gas com 5% cum conv preferred 14 Dec For footnotes 82% ■; 12% 32% 32% *81 13% >: 2% 3%% 44% May 17 53 July 12 36% Mar 2 Dec 51 32 82% 13% 13% 1.25 30% Dec Mar 32 *81 82 14% 27 40% Jan *31 32% 32% 2,900 18% Briggs & Stratton— Bristol-Myers Co common 28 26 31% July 3 17% Mar 30 20% Jun 80 33 *81 Brass Co No par Briggs Manufacturing Corp__No par 29% May 19 105% Jan 31% July 13 Dec 247/8 102 32 *31% Bridgeport 12 105 102 33% 32% 40 % 17 Jun 103% *102 33% 32% 16 34% Jan Jun 102 V 41 Jan Feb 102 33 14% Dec 3 102 31 ' 40% Dec 17 102 31 31 31% 16 18% 98% 102 102 102 41 36 Jun 34 14% 35% 6% Jun 34 40 % Feb 60 34% 2% Bower 27 76 - 34% 14% Jun Apr 35 40% 12% 77 34 14% 29% 13% 35 16% Erewing Corp of America Jun 13% 61% July 26% Jun 34 18% Braniff 15 % Nov 125 Jun 34 2% 27 36% Jun 19% Jun 19,000 33% 18% 26 7% Mar 10 24 Feb 7% 5,000 12'/2 33% *33 issued"—100 "when new 13% Dec 27% July 13 25% July 14 102% 27% 12% 41% common 32% Jan Jan 12% Jan 27% 12% *19% i—. Corp 14 Apr 40 Jan 9 95 37% 27% 12% 40% preferred 3%% 23 48% Sep 29% Mar *37% 27% 12% 18% Inc 27 25% Oct 9% 29% NOV Club 20 9 Jan 39 37% 27% 12% 37% —100 Inc 22% Dec 7% Feb 47% Jan *37% 27% 12% Boston & Maine RR (assented)_^100 5% 33 37% 28 11% No par (Thej _1 Common 105% *37% 27% 5 A— 200 *37% 39% Brass Book-of-the-Month 16 27 7,300 —No par 1 9% Dec Dec 20% 5 & 17% Oct 102 20 1 class Borg-Warner 20% 12 7 2.50 Class B 73 % May 26 20 27% No par Co Aluminum Co 4,600 20% 8,700 37% 31% Par Co Stores 70 11% *101 v Laughlin Inc Co 69% 11% No par Airplane Ami 71 19% Jan. 13 Co 70% 27% LOW Co 51% Nov Jan 1 No par No par - 717/a 11% —10 r 71% *37% 19 10 ■ 22,700 26% 71% 37% 13% ——1 > 26% 72 27% : 50 STOCK Decker Mfg & < Oct ' 42% 42 26% *71% 27% pfd—-100 —1 -100 •; * v 20 Jun *18% 7 11% > 19% EXCHANGE Highest $ per share 13% Jan ' 8 % Dec 25% 69% 11% *37% J 2.50 Carpet Birmingham Electric Co 12% July 13 88 20 _—-— 45 20% 20% > .10 Bigelow-Sanford 22% Jan 32 19% 10 ^Bethlehem Steel (Del) com—No par 7% preferred -ltfO 28 17% Jun 3 Nov 30% Nov Dec Jun 69% ————_———-—1 19% July Jun 72% 12.50 Co——■—i & Foods 51~ 6% 71 —5 Mar 21% 73 72 69% pfd $3.25 ser of 1946.No par Benguet Consol Mining Co„18 pesos 32% Jan ,73 70 — 13% Nov 25% *71 *70 Cum 64 Jun 43% 26'% 72 Beneficial Indus Loan common—10 11 156 preferred Si% 6% 42% 27% 71 50 1 Aviation Bendix 23 $ per share 25% Apr 15% Nov Jun 44 26 74 Howell Co common Range for Year 1950 30% 42% 27% 73 Co. 18 Feb Lowest Highest $ per share Jun 44% 27 STOCKS Year 1949 Lowest 43% 27 — Packing Bange for Previous 9 per share 43% 26 11% 1 1 RR 1215 31% Oct July 13 Creek 4%% S) (A Beeoh-Nut 39% May 26 139% Jan 21 Dec 31% Mar 42 26% Belding-Heminway Bell Aircraft Corp— 2% Jan 90 20 30% Jan Jan 22% Jun 26% May July 14 31 y4 Apr Dec 43 26 - pfd—No par conv cum Shoe Beech 18% Oct 23 10 div $1.50 5 53 % Dec 3 12% Feb 42 100 common 90% Oct 28 173,100 preferred—100 convertible 3%% 13% Dec 29% Jan 23% Beatrice Foods Co common 33 % Dec Feb 112,500 22% —No par 3 32% 15 J 00 Inc Cigars 7 Jun 14 24'% Corp— Jan 27% 14% 23% —— Works Iron Jun Jan 14 ' May 11 34% Dec Bath 7% Feb 10% 14% 24% Oil 74 Jun 13% 22% preferred non-cum 21 Mar 6% 14% 24% Corp (Delaware) Barker Brothers common. 34% May 17 108 15% Mar 25 20% Jan 13% 23% Barber 28 25% July 26 13% Jan 9 30 Dec 137/s 23 Bangor & Aroostook common—.50 Convertible 5% preferred 100 39 3 Jan 13% 21% 74% Aug 17 19 Oct Dec 101 Feb Jan 13% 21% 11% 11% 2,000 11% 13% 21% *11% 1 Corp Baltimore & Onio common 4% 11% 11% 11% —13 Inc T) 61% Dec 12 Apr 39% July 13 15% July 12 Mar 17% 11% Jun •7% 63 July Jun 60% 9 Jan (B Baldwin-Lima-Hamilton 54 58% 18% 54% 18'% *53 55 60 ' (Volume 173 Number 4979 . . . The Commercial and Financial Chronicle (389) NEW Range for Year 1950 Year 19 Il> Lowest $ per $ per share Feb 5% Lowest Highest $ per share 9% $ per Jan 33 Dec 25 % Jun 35 J/4 Jan 12 % Jun is% 30% Mar 37% Sep Nov 131 & Carpenter * 56% Nov 140 15 Case 156 Jan 3 32% Jan 27 55 Dec 103% Dec 22 106 Nov May Dec ' 47% Dec 34% Dec Apr 105% Dec 104 % Jan 3 108 Dec Jun 132 J/4 Dec 130% Jan 13 141 Aug 18 13% Jun 26% Jan 13% July 13 15% Jun 18% Jan 14% Jun 17 Jan 7% May •3 ; 241/4 17% Apr 18 5% 20% Aug 29 11*4 Apr 6 Jan 4 Dec 3 Jan 26 26 13% 13% 13% 13% 13% 13% 13% 14,900 17% 17% 17 17% 17 17 16% 17% 5,100 n07% 108 % *107% 108% 107% 108% *107% 108% *107% 1081/4 *107% 108% 60 31% 32 31% 31% 31% 31% 31% 31% 31% 31% 31 31% 6,400 49 49 49i/4 491/4 49% 49% 49% 49% 49 49 48% 49% 1,400 20 % 20 3/4 9,300 5 _10 19% 19% 19% 19% 19% 50 *36% 37% 37 37 37% 1 series- 9% 9% 9% 9% 57% 591/4 58 59 153'/2 152 152 25 59% *151 1531/2 10 Amer 51% 100 common. 4.20% *104% No par com 33 %■ Nov 36% Dec Jan 112% 8 Oct vll% 20 % 20% 20% 37% 38 39 *37% 39 9% 9% 10 10 9% 10 2,400 58% 601/4 58% 59 10,800 57% 60 *152 152 1531/2 152 Dec 14% Oct ,10% Jun 14% Dec 9% Feb ; 13% Oct 8J% Dec / 30 6% July 14% July 12 • 38% Feb • 113 531/8 52% 53% 105% 104% 105% *103% 46% 451/2 46% 45% *106i/a 106% *106% 106% 141 *141 142 45% 45% 46% 52V4 x52 51% 2 105% 47 " 20 26 % Dec j 20 141 No par 20 16% 17 16% 16% 16% 16% 16% ' 17% 16% 17 16% 16% 16% 16% 16% 16% 16% 16% 16% 16% *16% 163/4 Co 5 19% 19% 19% 19% 19% 19% 19% 19% 19% 19% 19 % 19% 3,100 i l 91/a 8% 91/a 9% 9% 9% 10% 10% 10% 9% 10% 46,500 ' Sugar 9 140 17% 17% 18% 18% 19% 17% 18% 17% 41% 16% Mar July 27 24 41% 43 43% 45 44 44 44 9'/4 9% Central & l South West 17% Mar 30 34% Dec 28 Cerro de Co.. 31% Dec 1 29 36 Dec 29 Chain 49 Dec 29 Champion Paper & Fib cDm„-No par* 91 Jun 98% Dec . Jan -5 107 Dec 18 8 $4.50 preferred ->-__-_:____No par Checker Cab Mfg_ 1.25 5% Aug 9% Dec 1 98 , 18% Apr > ' Nov 34% Jan Nov 2,7 85 Feb 3% Jun 8 Jun * 51/2 1 25 July 76 Jun 5 May 12 9% Jan 9 Feb 7'A Feb 131/4 20'/a Nov 51/a Jun 10 Jan 3 Jun 14 Dec convertible Jan 5 '10% Dec 30 7% Jan 13 23% Dec 28 51% Dec 27 28 Ind & Louisy : Jan Dec 4 27% Mar 30 •' Jan 11 1 Class B u- Jun 15 3 <22% Dec 24 Dec 36J/4 Jan 27% Jan 3 44% Dec ii 21% Jun 29% Mar 26% Jun 30 43 Dec 26 62% Dec 28 53% Dec Series A Paul 20 9J/4 Jan 4914 Jun 551/2 Dec 53% Jan 17 251/2 Jun 41 % Dec 36% Jun 27 56% Jun 82 Dec May 13% Nov Jun 16% Jan Jun 5% Jan 10 Xl3 2'/a 35 ! ; 13% Apr 19 Chicago 19 Yellow 45% Jan 3 Jun 60 Jan 86% Dec 22 Dec 36 Jan < 29% July 19 44 Dec 19 44 J/a Jun 681/4 Dec 1 62 % July 13 84% Oct 14 14% 14 14% 22% 22% 223/4 223/4 11% 11% 11% 11% 11% 2,800 36% 35% 36% 34% 36% 33% 34% 33% 34% 33% 34% 14,800 27,400 106% *104% *105 *8% 9 104% 106 8% 9% 34% *34% 35 34% 9% 34% 9 .*32% 106 *104% 9% *33 % 9% 49 106 % 8% 105 9% 9% 300 4,200 105 60 9'A 35 36% 35% 36% 90 Va *87 Va ,7,300 35 89 Va 35 300 35% 35% 36 35% 89 *87% 90 *87% 17% 17% 17% 18 18 18% 17% 18% 17% 18 17% 18 16,200 22% 23 22% 23% 23% 23% 22 231/4 22% 233/s 23 23 8,500 36% 35% 91 36% *87% 36 90 *87% 61,700 c. 200 13% 13% 14%'" 14% 14% 14 14% 14 14% 31% 31% 32% 31 31% 29% 30% 30 30% 29 Va 30 35% 35% 35% 35% 35% 36 35 35% 35% 35% 35 % 353/4 9,800 15% 25 13% 31% 16% 16% 17% 17% 19 17% 18% 18 18% 183/8 183/4 40,300 11% 12% 28% 29% 55 57 10% 10% 11% 25% 25% 27% 53% 53% 55 22% 22% 22% 23% 23% 25% 23% 43% 43% 43% 44% 45 48 451/8 41% 41'A 41 41% 41% 42% 42% 43% 62 62 *61 62% 52% 53 52% 53% 53% 55% 90% 90% 90 90 90 90% *12% 12% 12% 12% 12% 13 *18 100' 11 % 24% 52% No par No par 18% 18 18% 19 19% 6% 1 : ' ' 71/8 6% " *61 5,000 11% 10% 11% 11 11 % 12,600 29% 27% 28% 26'A 273A 142,700 54 55% 523/4 54% 31,000 26% 25% 263/8 23'A 25% 47% 45% 473/8 45Vs 463/4 42% 43 42 42aA *60 63,300 . 50,600 6,000 - 60 60% *583A 61 Va 200 54% 53% 54% 531/4 54% 12,000 891/2 1 62 52% 89% 89% 90 89% 90 *12 12% *12 18% 19% 19 7 6% 6% 84 85% 85 85 87 85% 45 44% 44% *44% 46 441/2 73% 73% 74 Va 74% 75 73% 75% 3,100 12% 18% 193/a 600 19 71/s 85% 45 73 *12 13 63/4 851/2 45 25 86 50,900 56% 25 > 14% 54% 62% 6% 7 11% 13% 27% •*: 100 5%% preferred'Copper Co__ Chrysler Corp 15% 36% 47% *33% ' No par Chile 15% 36 % 47% 106 35 , 15% 36% 47 106 8% '•"* 35 15% *35% > 900 89 100 10 Cotton ;30% 14% 22% 15% common 27,900 13% 46% No par Chickasha Childs Co 4,700 11% 36% Oil 11 22 26% *221/4 15% Cab. Sep 7% Jun 25% 11% 46 Chic Rock Is & P&c RR Co.'.No par Conv preferred series A 100 14 26% 14% 36j/2 ___ 3% Feb 26% 1,600 23 ' 88% Mar 17 77 July 12 11% July 26 13% Jan 4 ...v 4,500 10% 15% convertible preference 26% 13% 36 Chicago & North West com No par 5% preferred .2 ; 100 Chicago Pneumat Tool com__No par $3 25% 22% 46% P__ & 26 % 10% 15% preferred-—--— 150 26 23 46 2 St Mfiw Chic 33% 111% 14 Va 36 ' 4% 17 333/4 *111 Va 10% 16 Ry Co cl A 2,700 34%' 1113/4 22% 46% Chic 5,500 3,500 93/s 13% 37 (The) 1 Chicago Great West Ry Co com__50 5% preferred -2 : 50 21 173/4 44% 9% 10% 45% Chicago Corp 16% Dec 173/4 *43 % 9% 14% 15% preferred 800 22% *35% 14 3 27% 16% 10 11 27 46% 37% Dec • 27% 36% 15% Apr 32% Dec 3 27% 15% 18 13 27 46% Chic &. East 111 RR Co com__No par Class A 40 7% Jan Jan 8% 34% 3%% 27 28% *35% Corp, of .Virginia 5 Chesapeake & Ohio Ry oommon__25 — 27% *111% I Chesapeake 28 25% 22,500 18% . 34% 111% 34% ...No par . 29 19% Jan ' 5 J/2 Jun Jun ' : Dec 11% Jan • Co. 5 21% Dec 10% July 12 Dec Jun 28 90 y2 Dec ■4,17 3 12% 24 35%, Dec 15 Jan 2 32% Oct 30 4% Feb 4 10 % Jun : : Belt 27% 34% *111 34% 111 610 17 % 36% 3 25% July 12 30% Jan 28 111 17 44% 9% 9% 141 *9% 6% Dec Dec Nov Jun 9% 26 34% 9% 140 Va 14 r 26% Dec 16% 31% 18% 111 9% *106% 22% 5 9.50 Capper Corp.. Certain-Teed Copper Corp , 11% July 26 Jun 22% July 111 25 25 *34 26 25% .__.No par Pasco 34% 34% 50 Corp com Violeta Sugar Century Ribbon Mills Central 12 9% 9% III1/2 IH1/2 50 20 ' * 34 * „__L_ Sep 9% Oct 3 9% 100 6% July 14 12% Jan • 200 47% 106 140 of Ga By 'Co vtc No par preferred -series B vtc 100 Class B ; 21,700 106 17% v « 45'3/4 106 3/4 45 107 41% ■ 9,200 141 Central BR Co of N J class A V 513/4 105% *140i/s Dight common 27 30 151 51% *104 *105% v4%% preferred' Feb 151 52% *104 105% 142 Central Hudson G & E Corp__No par Central Illinois 27;-Dec 9 , July 17 9% Jun 27 • Jan <21'A July 13 *10% Feb < 52% 500 106 106 .5% 10% Mar 29 8% July 13 Oct •U.12 1 Dec . 19% *36% *104% 52 105% 45% 19% 37% 9% • *140% Central , *151 9% __10Q i___.No par preferred .2 Aguirre 59 100 Tractor Central Foundry Co__L 39% Dec 3' 13% Corp Corp common Central 117% Dec Jan;.- 3 15 13% 17 ' >104% 1 Celotex 7% July 17 Jan ,9% 10 Shares 13% 2nd preferred 7% 15 Jan 6 Jun 6% Mar 1 Jan 21 • 4% $4.75 1st preferred 1 the Week 16% preferred 15% July 14 11% Mar Jun 12% 29% Mar 21 Sales fov Jan. 19 S per share 16% common Celanese Corp of 29 Apr 97 Friday Jan. 18 $ per share 13% Co common Preferred Thursday $ per share Jan.17 $ per share 16% ___ General Caterpillar 9 23 % ■ & (J I) 1% 1 29 Mar X114 - Corp Carriers $ per share 13% Ry Co Conv preferred 16 Dec • ' 10 % Jun 37 J/a 146 Jun 100% Aug Carrier Steel PRICES Wednesday 100 Light 104'/a Jan 26% Carolina 28 SALE Jan. 16 No par Ohio Power I per share HIGH Tuesday 1 & 39 y2 May 18 35% July 13 Nov 45 J/2 Jan. 15 10 Mfg Co Carolina Clinch 21% May 20 < Jun (Philip) Carey 1 50% Dec x7% Mar 13 Dec Par AND Monday Jan. 13 34% Mar 16 15% July 13 331/2 Dec 19 8'% Saturday Capital Airlines Inc 28 20% May 27% July 27 301/4 Jan 3 26% 30 RECORD LOW STOCK A 110% July 13 Jan Feb Feb STOCK EXCHANGE 11 102 108 YORK share 14% Dec 13 July 26 Jun 6 NEW Highest share 8'/a Jen Oct 14 100 YORK STOCKS Range for Previous 13 85% 85% 43 43 75 74%, 3,800 85% 45 75% *44 73% 7 73/8 16,600 480 190 84,600 " •' Bange for Previous Highest I per share 26% Apr 32% 97% Jan 105% Sep Feb 29% Dec Jan 59% Dec X20 42% 27% July 26 Sep 103% July $ per share 34% Feb ■: 109% Mar 3 Jan 24 15 68% Mar 22 6y4 Jun 30 6% Feb 79% Jun 86 Sep 82 Jan 3 Jan 34% Dec 28% pec 16% Feb 8% Nov 19 16 Dec 16 Jun i9% Oct 20% Jun 30% Jan 67 Nov 85 / - 24 . 138 36% Mar 108 Oct . 20% Jun 105 Jan 72 Mar 43% Dec 112% Jun 28 % 108 < 23 40% Dec 29 1 150 Sep 19 Mar 30 87 Nov 18 Jun 47% May 106'4 Oct Dec 36% Dec 73 3 37 Jan 4 12% Jan Feb 43 Jan 10% Aug 15% Jan 24% 35 % Dec Jun 101% Dec 3% July 21 y2 Jun 105% 3 Feb 3% July 11 22 29 70% Nov !ywl% Sep ;2% Jan Jun 172 Sep 134% July 27 70% July 17 112% Dec 7 1075 Jan 1075 Jan 946 29% Feb 89 Jan 43% t Dec 100 Dec ■». X13% Feb 17% Jan 12% Jun 19 Jan 15 Dec 18 37% July 17 95 Dec " Jun 19% Jan Jun 17% Dec Jun 17% Dec 16% Jan 13 7% Jun 16% Dec 15% Jan 17% Jun 29 % Dec 16% Jun 28 Va Dec 25 9% Jun 13 Dec 7% «. 5% Jan 5 34% Dec 26 143 Feb 18 92 Dec Feb 13% Oct Sep 57 26% Jun 32% Oct 30% Jun 18% Jun 22% Sep Feb 27% Dec 46 % Feb 60J/a Dec 13% Jun 20% Dec 15% July 25 y8 Jan 26% Dec 5% $4.50 Cleve Graph Bronze Co common—1 5% preferred Cleve & Pitts RR Co gtd Special . Clinton Foods 4% 34% Dec 25% July 13 3% Feb 15 2% Jun 4% Jan 21% Feb 29% Dec X106 Apr 109 Oct Jun 10% 8 Jun 12% 29% July 36 Jun 13% Jan 85 Jan 10T 24 37% Dec 21 5% conv 101% Jan 273A 37% 39 39 36% 36% *36% A—2.50 29% 29% 2.50 £9% 29% 1st preferred 100 2nd preferred—100 July 28 30% Dec 4 3 293/i 29% 29% 29% 29% 29% 293A 293i 29 3A 29 Va 29% 29% 29% 29% 29% 1,400 13% xl3Va 39 39 39 39 10 47 47% 47 24 3/a 24% 24 47% 243A 28% Solvents 96 Dec 44% 4,100 20% 21% 21 21% 21 21% 6,000 40 39 40 40% 40 3/4 40% 403A 49 48% 49 48% 49% 48% 49 14,100 '24 3/4 23% 24% 23% 24% 23% 24 18,800 28% 28 Va 28% 28% 28% . 28% 1 7,700 28% 28,700 10% 10% 10% 10% 11% 12,300 24% 24% 24% 243A 32% 33 32% 34% 34% 35% 34% 34% 333/4 34V4 34% 34% 3,300 8% 83A 8 3/a 8% 8 3/a 8% 8% 8% 8 3/a 25,100 30% 30 5/a 30% 303A 30% 30% 30% 303/4 30% 39,900 107 Va 107 Va 107 Va 107% 107 Va 107% 107% 1,200 24 3A 25% 24% 24% 24% 9,300 preferred —— Gas Elec Lt 8% .. 28% " 83/4. • 107 1073/8 ■i ■„ _ 31 107% 8 3,700 & Pwr Co common 25 25 25 25 24% 25 100 100 112% 112% 112% 112% 112 112% *112% 113% *112% 114 112% 112% *106% 108% *106% 108% 106% 106% 106 Va 106% *106 Va 106% *106Va 106% 80 Grocers Corp—1.33% 15% 15% 15% 15% 153/4 15% 15% 16% 15% 16 Va 15% 15% 15,100 5 *11% 11% 11% 11% 11% 11% 11% '11% *11% 11% *11% 11% 1,400 15 100 1 47% 48 47% 473A 47% 48 46 47%. 47% 473A 47 47% 5,700 28% 28% 28 28% 28 Va 29 28 28% 27 28 27 27% 14% 15 143A 15 Va 15% 15% 15 15% 14% 15 14% 14% 4,100 15% 15% 153/8 153/4 15% 153/4 15% 16 16 16% 16% 17 Va 13,900 18% 18% 18 3/8 19 3/8 18% 19 Va 18'A 19 18% 19% 18% 19 49,400 22,600 4%% Preferred 4% series B_ series C Consolidated Laundries Corp Consolidated Natural Gas RR of Cuba 6% Consumers Power Co pfdInc Co Inc 10c 1 com—..No par preferred No par $4.52 preferred No par Container Corp of Am com new_10 4% preferred —a— 100 Continental Baking Co com__No par $5.50 preferred No par Continental Can Inc common 20 $4.50 $3.75 44% 25 107% 23 45% 10% 25 41% Jun 44% 24% *1Q7 Va 107% July 19 100 45 10% No par 24 10,100 43% 24% No par Jan 51,000 13 10 3/a Baltimore Preferred 24% 13% 65 24 Va 30% Consolidated • 13% 12% *64% 65 10 3/a 30% 100 12 3/a 243A Consol Edison of N Y com—No par 111 39% 48 133/a 12 24% 33% May 19 113% May 12 21% 13% *63 10 Va 28 6 21 12% 28% 7% Dec 47% Feb 45 13% 65 10 Va Congoleum-Nairn Inc No par Consolidated Cigar.. ,No par Consolidated Coppermines Corp—5 28 45 Va 12% *63 28% 28% 6 12 123/4 65 24% Edison Feb 108% May 24 14% Sep 25 13% 12% *63 10% Conde 117% Apr 133/a 410 6,000 243/a Commonwealth 11% Feb 1 13 Va 3,070 . Publishing Co.—No par 33% Mar 16 , No par Co__ -25 Motors Oil of Delaware 32% 32% 323/4 112 111% 111% 111% 111% 111% *108% 109 3/a *108% 1093/a ♦108% 34 109% 34% 34% 34% 34% *105% 106% *105% 106'A 106% 32% '32% 35 106'A 32% 35 *105% 32% 32% 33 6,000 32% 32% 111%. 111 Va 111% 111'A 111% 109% 108 Va 108 Va 103% 109 210 35 10,500 35% 34 35 Va 34 480 106% *105% 106% 30 18 18% 17% 17% 17% 17% 17% 173/4 17% 17% 17% 17% 6,400 *93 94% 94 94 94 94% 94 94 94 94 94 94% 510 33 5/a 18,800 33% 33% 33% *104 34 106 333A *104 34 33% 34% 33 3/a 33% *105% 33% 12% 12% 12% 12% 13 12% 12% 12% 13% 13 Va 13% 10 70 70% 69 70% 69% 70% 70 Va 70% 70% 70% 693A 70 9% 9% 93/a 9% 9% 11 10% 11% 134,500 91% 92 91 923/a 15,300 1 9% 3 89% 106 106 Va 12% preferred— Insurance 32 *111% *108% 280 *104 Continental 29 No par 28 22. 293/4 ' ' Engineering 55% Jan page 29 Va 21 Oct see 30 20% Continental 25 29 3/8 20% Continental 65% 43% 20% 28 Feb 43 5 H 47% 43% 45 9% Dec Dec 8% 3,080 42 44% Commercial 230 7,800 43 45% of 44,100 38 443/4 $5 22% 37% 28 • 22 37% 43% Dec 19 22% 22 3/4 38 12% 27% Jun 22% 21 3/4 12,200 > , 3,900 -r: 63% 109% Mar 18 21% 50 3A 44 12% 6 993A 21 203/4 45 63% 30% Feb 993A 213/a 993/4 20 3/a 27% 13% A 41 993A 21 *99% 43 65 Nast X50% 993/4 50 3/8 45 12% Co- *1000 50% 503/4 27% 12% Inc 1,000 4,800 45% 13% Superheater 40 88 126 44% *63% 3 — 137 27% common..No par Commercial Credit 88 1253/4 44 Pictures Co 89 126% 43% Gas So Ohio Elec *1000 *1000 137 139 27% $4.25 cum preferred w w—No par Columbian Carbon Co ,No par Columbus & 89 125 28 Columbia 6 *137 44 Columbia 22% Mar 90 126% 44% 13 System Inc.—No par 139 5,300 27% 24 78% Jan 78% Jun 126% 6,200 : 40 13 50% July 13 57/a Jun 29 Feb 5% *89 1,800 43/8 34% 39% 72% Oct Jan 56% 8 *137 1 4% 33% 40 14% Apr 14% Oct — 30 Dec 138 4% 34% 27% 11 13% Dec 9% 108% 4 33% 40 Oct Julv 17 Jun 108% 4 347/a 39 Columbia Broad Sys Inc cl Class B No par Continental Diamond Fibre. 5 6% 108% 108% 5,200 37% 11 * 102% Feb 108 3/4 4 33% 74 27% 40% Oct 24 Dec 1 40 • 29 Dec 37 non-cum 19% Jan 37% For footnotes 26% 36% 38% 26% 4% 106% Dec 102% 107% 4% 35% *1000 21 11 Jun 1081/4 90 38% Dec 11 Jun 31% 128 non-cum 32% Dec 30% 31 '/a 89% 4% 4 95 31% 126% 21 4 88 31% 90 41% Dec Jan 14% Apr 24 32 130 37% Mar 16 Dec 31% 90 38 Va 20 preferred Colorado & Southern Ry com___100 36 Dec 31% 263/4 24% Nov Vultee Aircraft— Nov 17% x98 21,200 22% Consolidated Dec 20 31 22% 18 28 42 30% 22 3/a Dec 15 73 *41 21% 19 Sep *72 21% ; ~20 73 41% 21% 6 1,600 31' 128 __ 210 32 107 41% 91 *1000 *106% 30% Colo Fuel & Iron Corp com—No par 23% Oct 10% Jan 108 138 138 *72 32 32% 107 42% 130 *90 129% 31% *106% 6,500 •J. 30% 20% Apr 7 *4 35% 32 107 • 29% *72 . 993A preferred1 $3.50 Textile 7 *135 138 *135 4% 35% 88% *41% V 20 Va ■ Corp Consolidated Dec 93 100 22 Dec 32 *105% 73 107% 17% Sep 28 33 107 108% Dec 109 45% 109% 108% 4 "15 88% 45% 108% 35% 5,900 175 109% 35% A *84% 45% 108% 4 *145 88% 110% 100 3 35% •2,800 45% No par 4 19% 41 109% 31% Retail Stores Dec 73 4,200 19 40% 45% 31% Consolidated Dec f 175 90 . 30% 110% 31% Consol May 74% 42% V *84% , 93 1101/2 31% 22 110% *32 "106% *145 1 30 x45% 31% 28 113% *41% 32% 107 175 30% 46*% 110 1 common.. 13% Dec Apr 42% A 42% 28% Dec Apr >73 74% *41% 46 10.9 30% *84% 30% 27 103% *73 46 109% *145 - r 106 88% 29% 10% July 13 9 % Mar 8 105% *106% 175 *84% *99% 18 25 32% 32% 107 *145 . 88% 20 Va 15 7% 45'/4 175; 993A 26 Jun 413/4 193/4 12% Jan Jan 19% 41 99% 9% July 5 40% July 28 Va 18% 42% 19% 10% July 13 12% Mar 20% 41% 99% Sep 46% Mar 20 42% 19% 11% 21 20% 42% 99% Feb Jun 20% 109% . *92 30% 20% *84% 45% 11 11 % 93 42% *145 84% 32% 10% *92 41% 175 *106% 11 92 201/4 No par 8 Feb 41% 30% Collins & Aikman Corp__®____No par Jan Jun 20% 41% 10% *91 % 30 101 % May 22 22 Oct 10 14 Va 10 .5,000 10% 29% 50% Jun 11% 11% 10% *89% 1 93 93 V 30% 50% 11 38% .10% 493A 20 105% Sep 19,400 49% 12 112% Dec 46% 49 Cons Dec 45% 49% 26% July 12 106% July 19 23 46% 49% 8% July 18 Feb 453/4 *1000 20% July 12 25% 46% No par 18 Dec 45% Coca-Cola Internatl 24% Nov Nov 46% Colgate-Palmolive-Peet com__No par 5 Aug 45% *41% Co Combustion 10 % 3,200 45% 30% 2nd preferred—* 100 (The) com No par cum 36% 29% Cluett Peabody & Co com 7% preferred-Coca-Cola 36% 30 conv Corp 37% 29% pfd 2— 4%% -cum Clopay *105% 37 24 1 30% Inc 105% 36% ..No par Molybdenum., 38% Nov 30 30 Va 50 50 gtd 1% stock 4% Climax 105% 36% 50''- Nov 67% Jun Jun 100 a— 5,900 1051/2 37% 29% 111 105% 105% 37% *89% 45% 105% Shares ' 32% 105% ' *109 32% 3 18 Jun No par preferred— 32% $ 10% 10% 84% 323/a share*" 37 30% 93 *145 32% 27 26 7% 100 preferred. ..100 Cleve Elec Illuminating com__No par non-cum ■'<, 32% Oct 29 24% 20 p^share 32% vpr 44% - 20% 5 Clark Equipment Co C C C & St Louis Ry Co com Sales fov the Week 32% Jan July 11 24% Apr '43% Dec 10% 29% Jan. 18 t 36% 105 *89% . Friday Jan. 19 Thursday ? 32% t per share 165 » 18% Nov 14 21% 5 100 No par City Investing Co common— 5%% preferred City Products Corp City Stores Co___ 105 Jan.17 share* 1004 11 July 26 10% Dec 8 68% 45 ' July 12 48 % Mar 44% 28 - 13 25% July 11 36% 112% Mar 16 *' 15 Jan 36% ' 13 16 Va Feb 16 17 Mar 14 37% Mar 15 21 7% *104% 28 43 14% July 17 14% Mar 30 8% Nov 29% Dec Mar 27 Xl24% July 73 ! : Jan 100 preferred _i 4% ; PRICES Wednesday • I per per share\ 32% 32% Cincinnati Milling Machine Co 10 C I T Financial Corp.—_No par com. SALE Jan. 10 32% Elec & HIGH Tuesday Jan.15 f per thare Par Gas AND Monday Jan. 13 8.50 107% May 29 29% July 17 99% July 12 Dec 5% "0% A LOW Saturday X. STOCK ' Cincinnati 4 31% Dec 30 62% Jan 8 112% Mar 38% July 26 Sep 6 23% July 13 Dec Mar 15 20% Jun « Xl08 Aug 20 May 12 34 ' 61% 133 Mar 11 29 93 1 ' <■ 4 41% Dec 25 8% 24 36% Dec 26 ■_ YORK exchange Highest $ per share $ per share . NEW Range for Year 1950 Lowest STOCKS ■ , Year 1949 Lowest 9 Vt 90 9% 89 91 90% 1053A 10 90% *104 89% 106 92 *104 106 *104 106 11,100 3,600 14 (390) The Commercial and Financial Chronicle NEW Range for Prevfou. I per Range for Year 1950 Lomcm Highest $ per share $ per share Jun 15% Jan 13% Jan 19% Jun 24 V. Dec 20 51 '/a July NEW Higueat share 11% Saturday 3 27% Nov 25 Continental July 17 27% Nov 24 Cooper-Bessemer 533/4 July 25 55% Ma- 'I 12% Feb 12 Jun 17 41 Dec 26 12 Jun 19 % Jan 14 % Jun 27 223/4 Dec 28 Steel $3 prior preferred Copper Range Co_ Copperweld Steel Co ll,8u0 28% Jan 100 Sep 100% July 11 2% Feb 5% Dec 1% 2% Oct 1% July 13 Jun 21l/2 Jun 96 Jun 32 % 22% July 13 Jan 104 Dec 101 Jar. 14% Nov 10 23 Feb 29% Dec 26% Jun 13% Oct 19% Jan 36% Jan 42% Apr 20 Jun 30 Dec 8% 6% Mar 6 30% Jan Coty 30% Mar 4 17% Jan 3 1053,4 May 105 Dec 102 % Jan 11 24 Jan 16% Jan 3 343i Dec 72 % Jan 54 Mar 31 82% Nov 4pr 17% Jun 26 Jan 6 22% Dec 28 12% 160 16% Feb 5% Dec 160 May May 15% Jun 27 Feb 14 175 8% Mar Jun 25 7% July 180 Nov preferred of 5 4% 4 % 43/4 45/8 4% 4% 434 3,800 2% 2% 2% 2% 2 5/e 25/a 2% 2% 6,300 28% 12,000 28% 28% 28 % *102% *102','2 104% 12% 12% 12% 12% 28% 233/a 27% 28 Press 10% 10% 103/s *70% 73% 113/g 26% 26% *253i 26% 25% 26 25% uv.-' ' " -V 26% Dec 99% Dec 14% Dec 13% July 10 15 15% Jan 16% Mar 17% May 22 % Dec 26% Jan 31 92 Jan 98 % 28 July 26 96% May 24 Jan 92% Jan 7% Jun 100% 18% July 13 May Aug Dec 96 July 100 12% Nov 4% May 9% Jun 29 5 July 24 11% Jan Jan 3 6% Jun 27 Jan 43% Jun 3 22 Jan 31 Dec 5 </c 30 1023/s Aug 21 102% Sep 1 10 Jan 24% *129 ■ ' 132% 32 3/s 32% : 1 preferred 3.75% series Preferred 5 3.90% series Decca Oct 38% Jan 4 593/4 Dec Sep 34% July 13 29% Jan 3 Oct 18 45 % Dec 19 Jun 9% Jan 27 14 % Dec 20 Jun 223% Dec 19 Dec 20 23% Jun 21 Delaware 19 Jun 30% Dec 24% Jun 29 58 28 34% Jun 53% Dec 42% Jun 27 72 % Dec 12% Dec ,14% Dec 20 Jan 23% Sep 12 Apr 20 213J, July 13 52% July 12 Jun 4% 58 Jun Jan 9% Jan 29 68 Jun 24% Mar 5% July 12 21% Mar 13 32% Nov 17 13% Nor 12% Jun 27% Nov 22 16% Jun 22% Nov 31% Sep 40 Jan 18% July 13 35% Mar 8 18 9% Jun 13% Dec 11% Mar 31 6% Jun 9% Nov 6% July 13 12% Jun 18% Dec 17 July 13 8 May 16 16% Dec 49 37 29 Dec Devoe & Dec 21 16% Dec 27 9% Jan Lowest Highest #•. $ per share 31% Jan 12% Jan 35 July 26 48% Jun 29 57 10 Jun 14% Mar 13 Jan Oct Dec 101% 101 Apr Apr 16% Dec 78 Sep 11% Mar 8% Jun 43% Jun 119 108% Sep 123% Dec 15-% 15% 17% *16% 17% *16% 17% *16% 17% 33 34% 33 3/a 33% 33% 33% 8,300 32% 31% 32% 32 32% 32 32% 6,100 *97% 99 98 98 98 98 100 9% 34% 100 100 '101% 99 102% '101% 4 July 17 153/4 Jan 11 Divco 47% Oct 18 Dixie Cup Class A 9 ' Dr. 9% Jun 8 18% 19% 18% 19% 17,000 10% 9% 9% 9% 9% 76,100 12,400 45% 61% 63 63 64% 36% 36% 36% *355/8 47 3A 49 % *35 % 45 453/4 15 453/4 47 48% 65% 62% 63% 36 36'% 37 48% 49% 48% 49% 13,900 15 15% 48 64 153/4 14% 15% 80,000 9,500 1-.000 21 20% 20% 21 21% 21% 21% 21% 21% 21% 21% 3,200 57% 57 58% 583/4 603/a 58 60% 60% 61% 60% 6IV4 11,700 73 % 73 73% 74% 75% 75 16 A <$1,100 *62 ' • *16 16 223/4 7 1 31% 5 *16% 74 *62 16 22% 7 31% 31% 17 16% 17 17 . 75% 3,700 17% 17% 17% 17% 17% 21,800 22% 22% 22% 223/4 22% 22% 14,300 *62 7% • 313i •31% 74% ,16% 651 *62,. ■, 7; 7 %* 16% 22% 22% 65 74 75 16% 22% ?2% .65 ,'-7 65 7 7% , *62 f 65 7 65 *62 7% 7% 7 9,200 31% - 31% 31% '31% 31% 17 16% 16% *16% 16% 16% 1678 1,900 20,200 *31 31% 2 243/, 26% 26% 27% 27% 28% 27 28% 28 .No par 27% 27% *47% 48% 47% 473/4 47% 48 47 47% 46 463/4 453/8 46% *36. *36 36% 2,000 28% preferred 25 1,800 36% 36 36% 36% 36% 36% 36% 2 16% 16% 36% 1,400 16% 16"% 16% 17 16% 17 163/8 18 17% 18 50c 9% 9% 7,400 9% 10% 10 10% 10 10% 10 10% 10 2 Corp 10% 27% 27% 27% 28% 27% 283/i 28% 28% 28% 28% 28 % LOW STOCK Saturday Monday Jan. 13 28 5/» AND HIGH *36 21,200 Jan. 15 1 per share t per share 27,200 I; 53% 53% *52% 53% 51% 52% 51% 52 No par 13'A 13'A 13% 13% 13% 13% 13% 135/8 133/a 14 14% 14 7 32% 33'/a 32% 33 33 33% 32 323/4 32% 33% 33% 33 3 8 12,500 17% 17% 106%' 108 61,700 Rights Sep 27 111% Jun 15 $4 preferred series A 181 No par *108'% 109'% No par *180 183 217% *181 *91 14% Oct July 12 11% Mar 27 *22 Jun 14 14 3A Dec 18 5 Ltd No par Aircraft 16 No par 2nd 50c common 3%% convertible preferred •Dunhill International Duplan Corp ., 85% Jun 12 108% 80 80% 21%" 29/64 109% *91 92% l *19 20 20 15 15 109% 184 21% ..No par , 17% 106 100 15 17% 107 80% 9 84 84% 165/8 105 82% 29/64 29/64 29/64 109% 21% 52% 17 Va 18% 106% IO734 81 % 82'A 25,800 IS' 11 31/64 239,000 i! 183 5/a 21% 360 3,000 8 82% 81 *108% 21% 109 109 109% 185 183% 185 21% 21% 9,500 400 200 21% 11,200 92% *91 92% *91 20% *20 20 % 20 20 20% 20% 20% 20% 800 15% 14% 15 14% 15 143/4 14% 3,300 86% 48.000 15'/a 14% 83% 84% Preferred 345/8 $4.50 series -No par *123% 124 124 124% Preferred *1233/4 124% *123% $3.50 series. .No par *105 Va 106 105% 105% 106 106 * Duquesne 9% Dec ll 11% Jan pfd.__50 *52% 10 DWG Cigar Corp 85% 92% 84% 105 % 52% 52% 52% 53 53 11 11 10% ; 10% 11 11 23% 0 *51% 109 1 3.75% 52% 186 21% 30 Light Co *51% *184% 22 Jan *45% *108% 213/4 15 45% 109% Jun 106 15% 45% 183 52% Nov 9 101% Jan SI X15 31/64 12 122% Jan 17% 107% 795/s *181 21% 173/8 109% 80% « (EI)) & Co— Common 127% Apr 16% 104% 80'A 80 I7(5 29/64 preferred Industries >'< 16'% 101% 15 common . Du Pont de Nem 60% Jan 13 I.90U 16 46% Douglas 18 6,700 155/b 45% Dow Chemical Co Oct Shares 15% 46 15% 46 19 20% share 15% 45 19 $3.25 S per 15% 44% 28 Dresser S per share 15% 44% Dec Mines 8 the Week No par Dome 18 Sale, for Jan. 19 15% Doehler-Jarvis Corp 19 Friday Jan.18 45 11 Dec 7 Thursday Jan. 17 S per share 15% 83% Dec 13 Wednesday Jan. 16 t per share 44% 97 119% Jan Tuesday PRICES 1 16 107 SALE No par common 6 Dec 12% 10 195/a 9% 723/4 100 „>..__20 common 4 . 21% Oct Oct >130 . 56% 13 17% Jan 883/i Dec Aug 100 18% *20% 100 54% Jan 36% Jan Mar 124% 103% 18% Light Co___13.50 25% July 12 11% July 25 69% Jan 13 July 17 102 3/8 *99% '102% 10% 16 Pepper Co 81 Jan 98% 102% 9% 15% Corp 16 % Feb 80 98% 102% 45 51% Dec 97% 99 102% 18'A 10 45 15% ; 320 97% 14% 1 5,800 1,000 34 15% ... 28% 101 973/4 15% preferred 28% 32% 50 EXCHANGE 24% May 86% Jan 633/4 Nov 99 15% 28% 32% 43% 25/64 Dec 723/4 99 *15% 49 Par May 24 10 57% 28% *99 15% 28% 34% 44 9% 9 43% 28% 99 47% Co 0 Nov Apr 3,400 991/4 33% 34 31% '99 60% $ per share Nov Feb 32'% 15% 46% NEW YORK .. 17 43 9,000 132% 32 99 *16% 100 Diamond T Motor Car CO Range for Year 1950 Lowest Highest 53% 48% 43.600 26 253/4 '129 32% 15% 17% *99 Corp-Seagrams Ltd.. 38% Sep 253/b 132% 31% 29 45% Stores Feb 18% 25% *129 32% 710 1,200 99 45% Diana Jun Jan 25% 132% 313/4 83/a 104 Va¬ 105 % 28% 45 for cum 9% 105 % 99 *16% *98 100 Distill Feb 12% 28% 36 5 24% Dec 25% '129 32%. 61 % 29% Nov 24 45% 38% 25% 132 Vi 32% 8% 104% ■ $ per share July 24% *129 101. STOCKS ( . ' I per share 24% 32% 36 ctfs Range for Previous Year 1949, 11% *15% 99 Raynolds class A $1.50 33% 31% *35% for common.: Match 45,600 9 104% Rio Grande West RR Diamond 7 9% 11% 60% cifs Vilbiss 1,400 11% 15% *98 Detroit-Michigan Stove Detroit Steel Corp De 26% 11% 61 % Detroit Hillsdale & S W RR Jun 26% 11% 36 Feb 2 26 11% 15% 100 20 Derby Oil Co^(The) Detroit Edison !___ 11% 34% Dec 1 7 *99 17 No par Hudson May 19 15 29 common preferred Escrow 17% May 26 *16 f 27% 15% 100 Delaware Lack & Western 19 24 15% 1 Jan 50 2,500 26% 26 11% 50c 36% Escrow 11% 11% 18% 40% Denver & 100 11% 56 102% Jun Dec 15,000 11% se 17% & 10% 71% 11% 56 *101% Power 10 *70% 11% 56 18% Mar 7% Jun 10% 72 2,300 4,800 200 57 102% 26 5% *70% 27 22% 22% *170 8% 17% 31 & 10 10% 73 *26% 22% 55% 132% 31% 101 Deep Rock Oil Corp 7% 10 26% 200 104% '101% Deere & Co 22 9% 50c 20 *26% *170 410 17,700 2,200 55% C_____100 30 Delaware 90 104% Inc Records 39% 88% 8% Co 41% Dec 37 24% *129 28 *99 20 B 3 : 28 100 A_. series convertible Rubber 38% A; common preferred Dayton 38% 88 % /%: Preferred 29 37 *87 (? 105 55% 11% pfd.—e.lOO Davison Chemical Corp (The) Dayton Power & Light common Preferred 3.75% series A 34% Mar 17 104% 104% 11% 113/4 Davega Stores Corp common___2.50 102% Mar 21 18% Dec Corp 3 %l/c 19% May 10 173/4 Feb 17 D • Dana 104% 9 55% 24% Inc ,.v"- 2 11% July -• 30 12 3,700 104'% 104 55% .No par Cutler-HSmmer 8 %" 104 55 11% . Cushman's Sons Inc VIo 13 1033/4 55 1 common ; 20 Jan 9 103% No par 1 29 Jan 9 No par ; Jan 96 400 50% 22% 11% No par common preferred 32% Dec .,13% 17 Va 36% 50% 200 *693/4 11% 28 Nov 16 36% 50% 27% 21% 11% 25 15% Mar 27 *170 71% 5534 Jan 96"% 28% 22% 200 11% 148% Nov Jun *170 10% 27 Jan 22% 200 71% July 13 9 27% 22% *170- 10% Oct %/ 28% 22 % 22%* 200 11% Nov 138 16% 36% 50% 104 y4 104% 104% 16 36y8 50 3/4 50 74% 52% 21 104 163/a 38 *363/8 50 10% 145% Feb 104 15% 16% 38 49% 11% Jun 223/4 Feb 17 25,000 16 *37 *70% Curtis Publishing $7 preferred 125 1,500 5 25 Jan 28 V. 10 10 '/a Oct Jan 28% 100 common July 13 26% 28% 36% 5 137 28 87 Oct Sep 28% 35% 8% Class A 8,900 28 87 22% 200 12% 28 % 36 3/4 *170 104 12% *27% 87% __100 28% *103 123/4 36 common__10 28% 104'% 12% 86% Inc Curtis-Wright *103 12% 36% Feb 8 28% 28 3/4 103 250 12 86 Cunningham Drug Stores Inc___2.50 18 104 28% 103 184 123/s 35% 22 87 30% 36 3/8 28% 103 184 12% 28% 26% Nov 12% Dec 28% 103 85% Jun 17 16 23% 104 184 363/a July 13 •• 25 4% 23/4 20 Mar 9% 183% 4% Dec 24% Aug 184 3/4 5,400 183% 25% 3 184 €0 200 69'A 2% Feb 3 185 68% 4% 28 Cuneo ' *184% 44 695/8 85% Cudahy Packing Co 4%% preferred 7% Jan 69 28 5 20% Jan 69 85% 19 Apr 67% 673/4 100 31 Jan 104 100 103/4 Oct 9% 102% 104 pfd. non-cum 13% Jan '24% 102 104% preferred convertible RR 6% 77% Oct Dec 102% *104 183% 1033/4 Prior 44% *1013/4 104% 44 2% 1033/4 Cuban-American Sugar 7 % preferred 20 44% 102 % *104 43/4 _ 5 % 44% *1013/4 104% 2% 16% Cuba 44% 1013% 67 50 3 Jun 183 67 37 9% July 17 19% 66 % 103% 15% 64% July 13 133 67% 44 101% *103% 102 49% Feb 7 6,000 44% 10334 *101% 37 Jan 18% 44% 43 % 43% 16 13% 44 % 1,409 49% 73 102% Dec 69 37 Jun 43% 68 49% Nov 109 68 % 103% 2.50 preferred 10 % 4% 68 4% America 60 16 68 '36% 15 31 Nov July 67% No par $2 29 49 4,300 68% Crown Zellerbach Corp common 5 $4.20 preferred No par Crucible Steel of Amer com__No par 19 28 Nov 15% 2 Cream of Wheat Corp (The) Crown Cork & Seal common Mar 310 15% 1 30 14 50% 15% 25 Creameries 41% Oct 50 15% 100 common 5 94 21 Co 11 49% Dec 50 16 102 183 Jan 13 50 15% 1 Jan 27 51 15% 68 1 Corp 14 27% Jan *49% 15% 683/4 *103% *67 105 33/4% 50 15% 68% 69% 50 15% *101% 100 International Crane 31 43 *50 51 16 *69% Refining common_25 preferred 14 32% Jun 16 preferred 100 pfd 3%% series of 1947-100 Sep 27 Dec 12 % July 13 , 1 Coty Inc 25 30 51 Dec 3% Mar - *49% 102 Products 55 50 102% 1% 55 13,800 Jan Corn 56 38''4 Jan 3 *55 22% Apr 13 553/4 22 27 72% Jan *55 36% 45% Nov 187% Apr 55 37 % Exchange Bank & Tr CO...20 Corning Glass Works common 5 July 13 55 22% Dec 62 10,400 55 *54 55 22 30% 176% July 13 33/4 Aug 3 2,80'J 29% 37 Corn Sep 273 i, 29 *54 % Convertible pref 5% series Cornell Dubilier Electric Corp Dec 26% 29 % 22% 17 73% 27% 28% 38% 24 189 27% 28% 21% 22 Jan 273/a 27% 37 Oct Jan 26% 273/8 22% 76 57 27% 27% 39 513/4 Oct 171 % 26% 27% 38 17% Apr Cum 26% 21% 57 3%% 26% 26% 38% 4634 July 14 10% Jan 3 17 Shares 26% 26% 22% Feb 30 S per share 26% 37 Dec Nov share Sales tot the Week 22 Dec 102% Aug Friday Jan. 19 Jan.18 I per share 38% 11 % 105 S per 22 % 52 18 share Thursday Jan.1 J f per share 21% 58% 13 PRICES Wednesday 37V4 Dec Apr SALE 5 Jun 92% HIGH 1uesda> Jan.16 No par 7 94 Monday, January 22, 1951 common 49 20 I per share . 26% No par 49% Mar July 17 Jan.15 t per Corp 14 Corp common—5 AND Monday Jan. 13 Par . RECORD LOW STOCK $ per share Jun 55% May YORK EXCHANGE 9 f STOCK STOCKS Vear1»49 Lowest YORK . 23% 23% 24 23% 23% *91 92% 873/a 85% 87% *1233/4 124 % 124 105% 105% 106 92% 85 124 % 106 % 23 3/s" 53 53 11% 3/8 *91 11% *53 11% 113/4 700 106 600 *53% 54 124 ' 55 220 113A 11% 3,300 J 15% - Jun 20% Mar 13 Jun 15% Mar 30 13% Jun 30 24% Dec 16% Mar 16% Dec 13 Jun 27 13"% Jan 21% Nov 25 10 Jan 13 18% Apr 19 52% Nov 27 Eastern Stainless 7% July 7% Jun 38% 164 Jun Jan 48% Nov 202_ 40 July 17 Oct 171 Dec 6 Jun 32% Jan 29 Jan 13 14% Apr 19 Dec Jan 96 Dec Feb 14 % Dec Oct 101 May 95 Dec 8 10% 943% 6 Jun 8% Eagle-Picher Co 27 Eastern Airlines Eastern Corp 14% July 12 88% Aug 25 Xl2% July 12 Sep Jun 14 5 190 Apr 10 39% Oct 25 19% Jan 7 98 MarlO 15% Dec 26 102 May 13% Dec 19 Apr 453/4 Dec 12% Feb 17% Dec 16 Jan 323/4 Mar 13 36% Oct 213/iJuly26 32'/2 Jun 30 41 2% Jan 1% Jan 1% Jun Jun 51 10% Jun 13% Mar 173/, Jun 48 Jun 42% Jan 23% Aug 8% Jun 283/4 14% Jan Jun 100% Jan '75 29 Jun 6% Oct May 14% 18% 353/4 105 Jun 9% 3% Nov 51% Dec Nov Dec Dec Jun July Feb Jun 6% Jun 7 3 33/4 Apr 18 443/4 Oct 2 19% July 13 52% July 17 Aug 25 21% Aug 3 13% Feb 15 15% Dec Jan Dec 6 July 12 Dec 28 May 25 8% July 13 10% Jan 11% Deo 143% Dec For footnotes see page 22. Jun 27 23/4 Nov Apr 6 44 1 Mar 21 4% Jan 10 50,400 20% 16% 17% 17% 17% 16% 17 5/8 171/0 17% 17 173a 17,400 47% 46% 47 Va 46% 47 % 46% 47% 46% 47 46 % 46 3 21,400 47% *46% 47'A *47% 47% *47% 1813/4 1813/4 *181 182 181 181 180 47% 180 *46 '178% 47% 180 *46 38% 17 y. .17 Va 17 Va 17'/a 17% 17'/a 17 Va 17% 17 17 17% 180 38% 4%% preferred. Ekco Products iVz% Co ..100 common preferred... Elastic Stop Nut Co Electric Auto-Lite (The) Electric Boat 2.50 : common 10Q Electric Ind Amer El Natural Radio 5% 94% *93 15% 12% 12% 12% 47% 48 Va 21% 21% 21% *98 12% 48 *39 10 39% 2 Va ■' 33% 2 39% 2 Va *40 2 41 2'/a 43% 43'A 43% 43% 43% 43% 16% 16% 16% 16% ley. 163/B 25 Va 25% 25% 25% 25% 25% *62 75 *50 *63 *64 72 Phonograph 15% 93 93 93 153/4 15% 101 *98 1,300 15% 12% 12% 12% 12% 12 12% 48% 48% 48% 48% 48 34 18.800 20% 22 22% 23% 23'A 2334 27,600 41 40 40 *40 2 Va 2 42% 43'A 16 Va 16% 25 25% 2 42% 16% 25% *40 2% 41 2 42% 43 2% 153/B 1638 2,400 25'/a 16% 25% 25% 8,500 72 *64 72 *65 72 *65 % 72 *49V2 50 *491/2 50% *49% 50% 70 10.400 50 50 49% 50 253% 25% 26 25% 26% 25% 26% 26 26'A 26 21'A 26-/4 21% 21 21% 21 y8 21 % 21 21V4 21 21% 20 3/s 21 14% 1434 14% *17% 33 14% 14% 14% 14% 14% 14% 18 18 17% 18 17% 17% 173/8 18 32% 1,600 32% 32 Ve 32'/a 32% 323/4 31% 32% 5,200 | No~par 20'A 20% 100 *68% 69% 50 *60% 62 3 *7% 7% 7% 7% 7% 7% 7% 15% 15% 15% 15% 15% 15% 15% ~ 104 '102 102% 102% 21% 21% 21% 213/fl 21% 21 % 21% 6% 6% 6% 6% 63/4 <6% 7% 104 26% 21% 21% 23% 69 69 69% 695/s 62 *60% *60% 62 102 <2112 102 23% 69% 769% <*60% 62 13% 13 13% 13% 14 13% 14 43% 42% 43% 42% 43% 42 42 Va 4% 4 4 4 4 103 *102 103 21% 2134 10.500 7% 7% 7% 54,300 22% 23 % 137,800 23% 70 70 % 70 62 62 X13% 42 *4 30 21% 22% *60% 16% 12% *4 7 16% 43 % % 21% 73/a 3 4 *102 7% , 1 *4 35,300 173/a 33 21 Ve Corp__A_~._.L~2~50 14% 17% 32% 8 50 ~_5 14% 17% *102% ._ 15 8.000 33 _joo preferred series A 200 19,800 1,900 51 5 1,800 43 25% 10 Co 80 3,500 101 47% . 6% _ 93 *98 60 7,700 173a ' 3 common__25 ~~~ Eversharp Inc 15% 101 '1 39% 4 _ Mfg Co Williams Oorp Evans Products Co.. 94'% 15% 101 47% 12 Va 50 Erie & Pittsburgh RR Co Corp. 15% 20% 15 Eureka Exchange Buffet *93 *98 47 7 i 2 preferred common Ex-Cell-O 15% 20% No par Equitable Gas Co.. Equitable Office Bldg Erie RR 94% 101 12'% 50 & 15% *98 20% ..No par Gas Electric *93 15% 47'A shares preference Paso 94% 101 5 common convertible 15% *93 2 , .i Storage Battery Co 5Vs% 5% . l Convertible preferred Elec & Mus *93 3,300 8 47% *178% 373/4 Endicott Johnson Corp 4% preferred 6% May 5 15% Dec 28 21% 20% 38 3/g Empire District Electric 66 20'/a 21 37% 20% Mar 17 4% July 13 8% Feb 14 20% 20 y* 38 33% Jan 7% May 15 19% 21 373/8 Emerson 5 4,200 19% 19% 37% Emerson 24 % Jun 23% 19% 19% 37% 223/4 Aug 29 104V4 Nov 15 23% 20 19% 37% 20 V4 Jun 5 233/8 19% 19 Va 37% Elliott I 23% 19% *19'A 2 23 68 Jan 100 Manufacturing Co 23 Feb 9 51 % Jun CO Dec 10 75 27 Jan common 28% Feb 28 Jan Co Issued" Elgin National Watch Co.... 52% Apr 26 28% Jan 6 23% 19% 19% 19'A 5 28 19% Dec 61% 5% 8 Dec 13 33 Jun 13 20 15 10% Jan 68 5% 15 28 % Nov 29 100 Dec 14% 9 35% Apr 19 10% Jun 26 48 Kodak Corp 17 Va 47% 1 10 Steel 19% 19% 17 "47'A Inc preferred Eaton 4 183/4 Dec 4% 65 Nov 49% Oct Oct 12% Dec x29% 48% Jan 38% July 26 6 % 10 Edison Bros Stores Inc common___l 2 33% 34% Eastman "When 21% 88 20% Dec 18 7% 17 . 7% 163A 70% 62 ; 1678 9,600 17,300 13% 13% 13% 43 43 *4 20 4,700 43 4% 3,200 7% 4% 2,100 400 Number 4979 Volume 173 . . (391) The Commercial and Financial Chronicle . NEW Range for Year 1950 Tear 1940 Lowest Highest Lowest YORK STOCK STOCK YORK NEW Highest RECORD ' STOCKS Range for Previous LOW AND Saturday Monday Jan. 13 Jan. 15 EXCHANGE HIGH SALE PRICE8 Wednesiay Jan. 10 Thursday Jan. 1H Jan. 19 ' 9 per ihare I per share I per share Par Sper share I per share ' 9 per share 9 per share 9 per share I per share Sales toe Friday Jan. 17 Tuesday - t per - the Week share Shares F 34 Jun 41% Jan 37% Mar 10 48% Oct 22% July 12% Dec 26 19 Feb 25% Oct 19'A ,. Oct 23 % Dec 12% Aug 15 y8 15% 13 Oct 11 % Mar Dec 3 18 8 Falstaff 17% Jun 2 26 % Dec 28 3 53 Nov 1 1 1 Corp„_ 32 Jun 38% Jan 35% Mar 11 25 Federal 14% Jun 18% Nov 25% Oct 23 Federal-Mogul Corp 3% Jun Jan 16% July 3 4% Feb 14 8y8 Dec 28 Federal 24% Feb 36 Dec 33% July 17 49 % Dec 28 Federated Dept Stores common 95% Mar 104 6% 103 Sep Jan 10% Nov 20% Jan 12 % Jun 17% Dec 63% July 81% Dec 52 43 56 Dec 52% Jan Julv 105 May 63 Jan 8 86% Dec 29 13 Feb Felt 19 83% Feb July 13 105 107% Mar 100 Co 10, 25 4% % Tire & Rubber May 9 89 Nov 14 20 Firth 21% Jun 31% Jan 98% Jan 104% Dec 103 com First National Stores 10% July 13 22% July 26 Oct 14% Jan 33% May 108 13 1 Aug 10 18% May 13% Jan 28 Jan 19 July 17 18% Dec 16 July 13 20% Mar 17 17% July 13 12 15% Oct 13 27% Feb 2 preferred (The) Carpet Co (The) common Flintkote Co $4 Florence Stove Co 7% Power 22% Mar 23 Florida Power 28 Florsheiin Shoe Class 24% 17% Corp & Light Co 24% Jan 11% Jan 3 15% Sep 20 % Oct 23 Follansbee 8% Feb 14% Dec 14% Jan 3 23 % Sep 22 Food Fair Stores Food Machinery & Chem Corp 20% 29% May 89 24% Mar 30 37 Nov 18 Nov 7 3%% Oct 84% July 17 94% July 21 98 % Dec 96% July ' Jan 92% Apr 78 8 3%% 19% Feb 33% Dec 8% Nov 12% Aug 8 Jun 10 y8 May x38 Feb 60 9% Jan 56 Jan 17% Dec 13% Dec Jun 23% Dec 20 Sep 78% Feb Francisco 5 Nov Freeport 4 19% Feb 3 32% Nov 20 Mar Co Stores 4% 10% Oct 25 Gabriel 13 30 Gair 21% 16% 19% 20% 19% 21% 21% 20% *101% 102 102 1 Trailer Malting Co Inc_l Co preferred 21 12 83% 15% 28% 21% 11% 22 83 84% 12 14% 100 14% 15% 15% 28% 1 common 101 29 28% 29 *85% 86% 80va o<% boa 37% 101 45% 21% 12% 84% 15% 29% 4,700 7,000 60 60% 25% 25% 1,800 1,600 7% 8 6,300 50 % 51 10,900 104% 105 460 15% 15% 3,500 19 19 3,900 71% 1,000 92 71% 8,000 71% 91% 93% 91 % 106% 106% 78% 78'/a 1,100 13% 13% 5,600 16,300 27% 26% 160 105 % 107 20 *24% 105% 105% 25 1,400 17% 17% 5,500 21% 21% 14,300 25 25 17% 21% 16% 17% 21% 16% 21 21% 21% 37% 38% 38% 39'A 9774 100% 101 91% 97% 101% 101% 230 44% 44% 4,700 20 20% 5,200 *11% 29 21% 21 15,100 7,100 20.400 610 11% 2,300 82% 84% 4,300 15% *15% 15% 1,100 29% 29% 29% 7,800 tit', 4 42C 83% 15% 85 29% 0.72 16 20% 44%. 45% 20% 20% 11% 11% 12 85 15% 1,000 16 20% 97V4 45% 20% o.^ 0.72 3,500 26% 71% 21 28% 4,100 13% 26% 7% 50% 51% *104% 105% 15% 15% 19 19% 94% 44%. 20% 11% 83% 15% 3,000 15% 13% 21% 45% 11% . 92% 50 25% 15% 25% 8% 21% 36% 3d 98 98 100% 100% 45% 84% 24% 25% 7%• 7% 51% 52 104% 105 15 15% 19 19% 71 % 71% 50 25- 51% 25 16 13% 26% 62 106% 106% *78 79 13% 13% 27 27% 102 10 24% 15% 13% x26% 61 25 106% 106% 79 79 13% 13% 26% 27% 105% 105% 25 25% 17% 17% 21% 21% 16'% 16% 20% 21% 36 Co.. 95 . 51 *106% 106% 79% 79% 13% 13% 26% 26% *105 105% 24% 25 17% 17% 21% 21% 16% 16% 20% 20% 97 44% 19% 70% 93% , 15% 97% 34% 97 44% 21 % 105 35% 97 35% 44% 21% 11% 83% 58% 25 7% 51% 21% 97 10 13% 26% 60 14 27 21% 35% No par 15% 21 *95% Corp— Froedtert Grain & 29 87% Dec 7 17% 21% 16% lo Corp common Sulphur Fruehauf 25 52 24% 16% 13% 26% 60 52 24% 19% 70 79 % 13% 26% 105% 25 17% 21% 16% 20% :_100 Sugar Franklin 25 12% Oct 16 Feb 75 Foster-Wheeler 18 81 July 14 11% 27 13% 52% 24% 16% 15% 106 78 13% 26% *105 100 preferred preferred 21% Dec 3 8% July 12 Nov Dec 106 26% 105% 24% 17% *16 105 84% 1 Inc 52 105 70% 10 Corp convertible 46% Dec 27% July 12 16% 67 101 Steel No par A 57% 24% 7% 90% 19 80 21% No par May Sep 5 *105 No par Florida 13% 27 15 19% 70% v 106% 26% No par 14% 15% 91 *78 13% No par 50% 105 52% 24% 15% 13% 26% 57% *24% 7% 51% 52% 25 72% *106 No par preferred 105% 15% 19% 91 100 24% 7% 51% *71 No par 9% Apr 19% Firestone 108 65 Jan 15 Fidelity Phoenix Fire Ins N Y 15 Dec 17% *105 5 1 Mfg Enamel Corp 57 24%, 7% 51% 5 * 57 *24% 7% No par preferred Tarrant & Ferro Truck 51 24% 15% 13% 26% 27 *57 2 5 July 17 69 11 y8 July 23% Oct Motor 4%% 106% May 25 13% Jan 12 3 10 July 24 16% July 13 Mining & Smelting Co 51% 24% 15% 13% 51 24% *15% 13% 26% 20 Brewing Corp Family Finance Corp Fedders-Quigan July 26 Jan 15% No par Fajardo Sugar C<u 7 Apr 22% Jar. 5 Fairbanks Morse & Co 0 1 ov„ G 4% Jun 7% Apr 5% Jan 3 ;4% Jun 7% Oct 7% Jun 29 14% Jun •18% Dec 16% Jun 30 Oct 9% Jan 6% Apr 6 Jl% Oct 41% Jan 13 Feb 17% Dec 15 Jun 19 Apr 6 Jun 16% Dec Jun 6% Feb Jun 32% Feb 21 15% Jun 23 % Jan 17% Jun 13% Jan 103% Jan 41% Sep 99 19% 107 Juiy 9% 152 Jan 11 Dec Feb 6 163% 7 Jan Dec 10 Jan 79% Jan Jun 31 Jan 25 Jun Jun 20 Apr 14 129 139% Apr 104 Jun 42% Dec 75 29 21 Jan 34 Dec 18% Jan 9 21 H Dec 15 138% Jan 9 41% Jan 13 50% Jun 12 48% Dec 44% Aug 3 Jan 100% Dec 99 % 6 51% Apr 103% Dec 29 July 12 Jun 13% Jan Jun 56% Dec 123% t Jan 128% Jun Apr •7 112 8 % Dec 4%% 123 % x. I per share Jan . No par 100 4% conv 2nd preferred _50 General Cigar Co Inc com—No par 7% preferred—— 100 Electric No par 129% Mar 119% Sep 3 18 5% convertible 3%f# 22% 11% Jan 15% 6 3% ; 17 4% 20% 24 July 13 23% Apr 26 July 26 July 12 38 Dec Jan 124% Dec 7% Jun 17% July 119% Sep Nov 6 Jan 22 % Jun 36 Dec:, 30 % 122 Jun Jan 31 Nov May 101 % Jun . 27% Dec 22 Jan 25 102% Jan 101 Jan ; Jan 19% Jan 3 67 July 77% Apr 77% Jan 23 64 Sep 73 Mar 68 12% Feb Jun 91 Jan 12% Jun 17% Jan 72% July 7 8% Jan 25 24 % Dec - 79% Jan 27 90 Jan 4 General Public Utilities Corp Gen Dec 20 22 28 General Refractories 18 General Shoe 4 • -30% May 11 41% Nov 24 May ■ 107 •> Oct 17 34% Dec 29 99 Aug 22 90% Sep 17% Dec 26 % Dec 100 Jun 6 29 8 7 19 80 10 91% Dec 29 16 July 17 22% July 12 52% Aug 16 24% Jan 11 21% Sep 22 80% Oct Dec 28% Aug Jun 25% Dec 55 Dec 10% Dec 7% Jun 27 12 Feb 2 Jan 106% July 20 13% Mar 24 134 Oct 19 5% Jan x95% Jun 116 14% Jun 19 •2% Jun Sep 72% 31% May 59 Oct 3 23 21% Dec 30 Gen Jun 34 Jun 98% Jun Telephone Corp— 20 General Time Corp common—No par 4%% preferred preferred ;—100 preferred 100 Georgia-Pac Plywood <fc Lumb Co__l Gillette Safety Razor new com 1 $5 convertible preference No par Gimbel Erothers 2.50 *92 21% 29% $4.50 preferred— 4%% Gold Goodall-Sanford 3 128% Nov 25 Goodrich Co 6 105 preferred No par Goodyear Tire & Rub com—No par Jan 106 Sep 433/4 Jan 1033/4 Jan 13 13 66% Dec 30 108% Jun 20 $5 15 Dec 28 Gotham 45% Dec 28 1% Jan 3 Oct 30 Graham-Paige Hosiery 8% Apr Jan Dec 29 Jan 4 Apr 18 37% Feb 28 Granby Consol 30% 16% Jun 28% Jan 243/4 Jan 4 453/4 Oct Granite 25% July 3 28% Dec 101 Dec 16% Apr 100 Mar 2 10 Dec 8 37 Jun 14% Sep 12 Jan 3 16 Jun 43% Jan 33 Jun Jan 19% Oct 16% 133% July 62% Dec Oct 144% Mar 67 Nov 33% Mar 43% 11% Jun 14 % Mar 9% Oct 12 Jan 100 July 65 July 93% 18% Apr 137% Jan Dec Jan 353/4 Aug 13 Jan 29 50% Dec 17 22 3 152 Mar 28 18 29 7 Aug 30 6 78 2 453/4 Mar Dec Northern 7% Iron 5 Green 7 Bay & Western RR Green (H Greenfield 23 11% Jan 11 4%% Co Fe~b 9% 17 Dec 1 ~7~% July 63/4 Jan 3 100 Jan 29% Dec 14 Jan 12% Jan Jun 54% Dec 49 Jun 30 66 Dec 66% Jun 71% Jan 59% Jan 83 Nov 16% 25 Jan 22% footnotes see Dec page 18 "/a Jun 22. 3 30 18 11% July 11 24% Dec 28 Jun 41 For Inc.— Tap 12 27 243/, Jan 13 100 1 3 .... Aircraft Corp new Guantanamo Sugar common 11% 100 *98 26% 1 1 Gulf Mobile & Ohio RR com.No par $5 preferred Gulf Oil Corp J Gulf States Utilities Co No par 25 No par 1 11 23% 66 83% 22% 4,700 21% 8% 8% 37% *37% 8% 8 *37% 38 8% 38 400 1,100 20% 21 20%, 20% 20% 20% 21 *20% 21% 21% 21 21% 1,600 22% 7,800 22,400 22% 22% 22% 22% 22% 22% 63/5 6% 6% 6% 6% 6% 6% 800 32 31 31 31% 32 32% 32% 24 24% 24% 24% 24 24% 24%' 24% 5,400 23% 22 % 23% 23% 23% 23% 23% 18,900 *105% 106 % 70 55% 56% 6,500 23 105% 105 % 56% 573/g *102% 103% 10% *148% 17% 103/4 106 18% 56% 57 *102% 103% *102% 10% 10% 10% *148% 150 *148% 150 56% 150 *148% 18% 2,600 10% 10% 10% 150 10O 102%.' 102% 103% 18% 18% 17% 106 106 106 56% 17% ' 17% '2,900 10% 31,900 93/4 10 9% 9% 10% 10 % 73% 74 73% 73% 73% 73% *73% 74 80 323/4 33 32% 32% 32% 33% 34 34 2,200 16% 17 % 16%. 17 % 17 17 17 17 % 2,400 *116 10 117% 51% 47% *103 48% 104% * 47% ' 48% 104% *103 10% 63 10% 62% 126% 10%.10% 62 % 125'/a *120 62 125% ' 126 117% 117 % 200 52 % 52% 52% 52% 49,000 6% 6 % 6% 2,500 48% 8,600 49 49% 125% 125% 125%, 105 105% 10% 61% *126% 48% 105%- 105 20 % 20 9,300 1,600 130 126% Friday Jan.18 *125% 126 10% Sales tor Jan. 19 the Week Thursday share Sharee 48% 49% 136,900 126 125% 125% 105 105% 105 % 1,000 20% 20% 2,300 *125% 20 104 125 *118 128 125% 105 61 126% 48% 20% . 61 10% 10% $ Wr share• 105% " 1 62% I per share 20 , *103 127 48% 49% 48 / 104% 49% *105 20 48 % *103 *120 130 *120 128 9 per share 9 per share *19% 52% 51% LOW AND HIGH SALE PRICES Wednesday Tuesday Jan.17 Jan. 16 Monday Jan. 15 48% 52% 117% 119 118 119 — t per • 49% 20% 39% 39% 39% 40 39% 39% 39% 39% 39% 20% 20 20%- 19% 20% 20 20% 19% 3% 2,800 20 3% 600 39%, 20% 3% 3% 3% 17% 17% 17%. 26 26% 26% *127 8% 134 < *127 3% 17% 27% 127% 3% 8% 8% 34% 34% 34% 35% 38% 38% x38% 38% *115% 28% 115% 116 28% 28%. 35% 36 35%. *104% 107 *104 % 35% 36% 36% *96 *96 96% *90 92 17% 24% 22% 90 12,500 ' 17% 17% 27%-- 26% 127% *127 8% 9% 34% 17% 26% *127 8% 35% 36 3.9% 39% 3% *39 3 % 17% 27% 127% 3% 17% 26% *127 9% 8% 36% 33% 39 y4 39 3% 12,900 17% 23,100 26% 7,300 127%. 9% 17,300 36% 10,800 2,000 39 120 115% 115 % 28% 28% 28% 28%. 28% 23% 28% 7,100 36 36 36 35% 36 35% 35% 1,400 116 115 116 *115 104% 105 37% 37 39 % 38 96% *96 96% 92 *90 Q6 107 . *104% 116 105 • 38% *104% 40 107 .'■* 37% 38% 96 96 ♦96 95 *90 20 96% *90 10,300 95 40 9,200 18% 18 18% 17% 18 17% 18% 17% 25% 18% 25% 25% 25% 26% 26% 27% 26% 27 95 95 95 96 96 95 % 95% 300 23% 22% 23% 22% 23% 22% 22 % 24,100 93% 92% 92% 400 *94% 95 22% 23% . ■ 92% *92 20,200 92% 92% 92% 92% 21% 21% 21% 21% 20% 21% 21% 4,700 30'/a 30 30% 30 30% 30% 31% 30% 31% 31,800 58 56 56% 57 % *55% 57% *55% 56% 200 *56% 9% 6,600 9 21% 131 43% 8% (124 21 131 8% 9 128 126 21% 21% 132 132 43% ,44% 44% 102 *101% 101% *101% 69 68% 68% 68% 48 2% 10 34% 48% *106% 106 107% 9% 128 21% 138 46% 102 70% 106'/a *55% 9% 130 21 137% 73% 106% 106% 14% 14% 14% 50% x46% 2% ?% 2% 9% 9% 9% 34% 47% 29% *102% 14% 35 35 35% 137% 9% 134 21% 142 21% 9 *130 21% 137 120 136 21 44% 45% 101 % 101% 71% 71 72 25,900 106% 106 106 6CO *106 400 14% 14% 15% 15% 15% 47 47 46% 47 3% 146,800 9% 6,600 2% 2% 2% 3 2% 9% 9% 9% 9% 9% 35% 35% 35% 35'A 35 48% 49% 29% 9,700 600 35% 49% 29% 29% 29% 29% 102% 102% 102% 103 102% 29% 102% 14% 14% 16,100 47% 101% 48% 29% 3,300 137 47 48% 103 6,900 % 70% 46 69% *47% 9% 21% 21% 101% 48 14% 2% 142% 102 49% 21% 132 21% 45% 14% 10 9% 130 *101% *47% 14% 14% 15 14% 15% 14% 34% 2,100 ■> 14% 29% 29 103 7,700 2,900 300 103 5,500 330 34% 34% 15% 15% 15% 15% 15% 15% 15% 15% 15% 15% 4,600 49% 49% 49% 50% 49% 50% 49% 50% 49% 50% 42,800 20% 20% 20% 21% 20% 21% 20% 20% 20% 20% 8,600 34 153 *78 43% *22% *34 34 153 85 •43% 23 (The)— preferred Grumman 100 500 % 8% 29,400 29% 15% 497/« 20% 21 *152% 154 *80 85 43 ,43% *22% 23 & Die Corp—No par Common 2fl L) Greyhound Corp 5 — 19% 31% *61% 63% 126 126 *120 I20 *92 15% 49% Ry 6% 20% 21% 6% 13 19% 37% 8% 38 *20% 22 12% 19% 3Q 29% *102% 103 *14% 14% *34 347/8 Ore Prop—No par preferred- 23 % Dec Apr 34% *48% *29% pfd No par Great Western Sugar com—No par Gt 4 20 2% 9% Steel City 9% July 17 95 1 5 10 Gt Northern 31 Jan M S & P— (The) Co *46% 8% 12% . 21% *106% 107% 14% 14% 4 Oct 17 % Feb 11% Inc Apr 28 11% July 13 32 Grand Union 68 —No par Grant (W T) Co common 5 3%% preferred 100 Grayson-Robinson Stores com—1—1 $2.25 conv preferred No par 31% Sep 28 1033/4 Nov 27 33 % 36% 26 Batteries Motors—— 16 % 7% Jun 29 *101 % No par No par Gould-National 3 43% —, preferred 27 24 Jan 130 common—No par (B F) $5 Feb Aug 3% — 93% 124 69% Jan 19% 19% 4,700 9% 9 9% 12% 19% 8% 12% *19% *37% 48 48 % *103% 104% "i® " 10VSs, > *94 9 *122 21% 10 Inc issued" 18 25% 58 xlOl % Dec 45% * 83/4 123/4 8% 12% 20 8% 8% 6% 95 23% *56% Dec July 26 96"% 92 7 1 100 Telegraph Co & Stock 36 107' 36% 50 preferred Goebel Brewing Co 10% Jun Jun iili—i, Corp convertible 36 11 £*o par Glidden Co (The) common—No par 16% Mar Apr 25 *94 22% 5 common Gleaner Harvester 41 93% *96 ;*90 17% 3%% Jun 20% Mar 36 5 4%% Jun .5% Feb 36 *104% 100 : General Tire & Rubber Co com 28 1% May , General 10 , —1 Aug 104 . ..No par Corp Steel Castings $6 pfd—No par "Wnen 100 100 -10c 6% , . 5 No par Railway Signal com / 0% Dec 33% Dec 128 . Precision Gen preferred General Realty & Utilities. 17% July 1 19 21 48 No par Cement Co General Portland 20 13% Apr Jan No par series Advertising Outdoor 483/4 *125 126 *105 105% 19% 19% 40% 40% 20 % 20% 3% 3% 17% 17% 25% 26 *130 135 8% 8% 34% 34% 38% 38% *114% 116 28% < 28% 48% No par preferred Preferred $3.75 Gen 9 per share 5 Equip Corp—No par General Public Service 10c » 10 ; 21% $5 39% Dec ' 4 30 Apr Par General Motors Corp common 26% Oct 2 * Jun 3 26 127 27 15% Jan. 18 18% Feb 7 99% / 5% Jun 126% 128 % Satarday -•4% Mar 23 3 > 24% July 27 11 Jan 21% Dec July 13 24% .• S9% Ju]y 2% Jan 18% 12 % 2% Sep H 14% July 13 Nov 20% Mar 15 Sep-- Jun Feb 7 106% Nov Dec >• 5 127% Mar 15 May 120 54% Oct • 15 102% Jan 16% Mar *120 STOCK YORK S per share 15 122 % Jun 38% *125% EXCHANGE Highest * per share ? NEW Range for Year 1950 Lowest Sep Jun 11% July 2% Jun — %'10 '10 *61% 63% 1 .—100 preferred—100 preferred 33 17 119 51%- — No par 13 74%. 48 48 *103% 104% No par General Mills common 10 *16% *117 51% 1 Corp— Finance 18 *32% par General Foods Corp com 29 Dec * 19% No Co 21 127% Feb •'» 6 *101 10% *148% *17% 9% *74 1st preferred 61 % Dec 104% Jan 13 22% 106 55% 103% 10% 150 13% Apr 433/, Dec *97 22% *105 *54% 5 preferred General 24% 100 Transportation $4.25 4% 31 24 % 8% 12% 19% 8% 38 20%' *21 21% 22% 22% 6% 6% *31 32 24% 24 % 22 % 22% *105% 106 54% 55 *102% 103% xl0% 10% *148% 150 17% 17% 9% 9% 74 74 32% 33 16% 17 119 119% 513/8 52 % 12% 8% 12% 19% 8% *373/8 *20% STOCKS * Highest 9 per share 6% 31 General $8 ' 22% 6% Investors com__1 American 20 105% July 28 Year 1949 Lowest 1 ^1.66% $4.50 preferred Amer 22% preferred——50 convertible Gaylord Container Corp Kaoge for Previous > 2 Corp (The) Gar Wood Industries Inc com $3.50 preferred General Instrument Corp Apr 51% Apr 124% Jun 21% Garrett General Jan 93% x6% 37% 20% No par Co General Cable Corp com 8 39% 44% No par (The)_— 10% Dec 31 Feb July 13 Jun 34 Co 8% 12% 20% 8% 37% 20% 21% 20% *8% 20 5 50 24% Nov 22 Jan 12 17 8% 12% preferred series A—No par Baking Co common 5 No par General Bronze Corp 5 8 12 166 63% Mar 31 24% Gamewell General 6% Mar 29 Apr' 13 % Jan (Robert) Gardner-Denver General 105 J/2 Mar _1 common—_1 (The) Inc 6lo preferred ; Gamble-Skogmo Inc common 5% convertible preferred 13 4 July 13 15 29 25% Dec 9% July 13 146 29 , Co Co 107 % July 14 55% Dec 26 3 101% Dec Jan Dec 33% Dec 11 July 18 24% Nov 22 29 Jun 65% 23% Dec 17% July 13 45 10 25 21% Nov 22 July 13 105 Nov 106 Jun Oct 9% Dec Jun 48% 2 40% Nov 3% July 13 21% 29 20% Apr July 25 16% July 24 17% July 12 15% Jan 3 3% Dec 9% Nov 19 32 10% Dec . 34% 34 34% *34% *152 154 *152 154 152 153 *153 *76 80 81 81 *80 85 *80 154% " 43% 43% X42 42% 41% 41% 41% 22% 22Va *22% 22% 22% 22% *22% 85 41% 23 - 70 10 4,800 200 62,400 11% 12 11% 12 11% 11% 11% 11% 11% 11% 98% 98% 98% 98% 98% 98% 98% 99 98'/a 98% 99 27% 26% 27 26% 27 26% 27% 26% 27 30,800 27 26% 11% 11 11% 10% 11% 11,100 23% 25% 24% 24% 53,700 11% 140 11% 10% 11 10% 11 10% 23% 66 23 % 23% 24 24% 24% 65% 66% 66% 66% 67 83 % 86% 86 86% 86% 87% 87'A 88% 88% 90% 24,500 84 22% 22 % 22% 22% 23 22% 23% 22% 23% 22% 22% 17,000 25% I 67 - *66% 67 *66% 67 1,100 15 16 The Commercial and Financial Chronicle (392) NEW < per $ per share • per thare Highest Lowest Highest NEW 1950 Range for Year Year 1940 Lowest STOCK YORK YORK LOW Saturday tper share thare Monday Jan. 13 STOCK . SALE PRICES I per Jan. 17 Jan. 18 t per share share Friday Sales for Jan. 19 the Week Thursday Wednesday S per share Jan. 16 t per share $ perthare Par HIGH AND Tuesday Jan. 15 EXCHANGE Monday, January 22, 1951 . RECORD STOCK8 lanfe for Previous .... J per Shares share H 46% Feb Dec 30% Dec 8 16% Jun > 24% Dec 22 y« Apr 20 35 12 Jan " 14% Dec 13% July 25 18 jun i 13% Dec 81 Jan 31 39% Jan 72% July 104% Apr 18% 142 108% 4% 61 Jan 25% Jan 5% 68% 9% - % Dec Hanna (M A) , 6% 27% Jan 12 7% Feb 10 . Hat 11% Oct 9 8% Jan 7 20'/fl July 18 25% Dec 28 33% Oct 23 Hecht Feb 25 Dec Jan 25% Dec 84 Jan 95 % Dec 93% Feb 3 98% Apr Dec 3iy8Dec 8 41 Hayes 9 30 Jan 37% Oct 107 Mar 20 103 Jan Jan 23% Jan 32% Dec 25 Dec 34% Jan 42% Dec 89 13% Jan 17% Aug 14 July 14 Jun 29 20% Mar July 27 69% Dec 1 40 49 Jun 53 Feb 131 Sep 26% Mar 45 Dec 34 July 25 48 Jun Dec 52 % Aug 23 56 Feb Jan 15% July 14 22% Feb 18 Nov *13% Aug ; ?ii/, 122 y4 Aug 127% Mar 13 2 14% Jun 21% Jan 10% Jun 27 19% Dec Dec 84% Sep 68% July 24 80 12% Dec 14% Jan 12% Jan 15% Sep Jun 29% Dec 3%% 5 9 Hires Jun 8 Holland Furnace 17% Sep 6 Jan 16% Apr 18 20 y8 Aug 18 Sep 25 % Jun 12 291/4 Mar 7 Nov 34% 101% 9% Dec Jun 13% Dec 283/4 3,000 6% 6% 6 % 1,900 78% •77 . 781/2 *77 *•77 *77 78% 11% 11% 11% 11% 11% 11% 8% ;/ 8% 7% 8% 7% 8% 1 78% 8 11% 6,000 8'/a 11% 31,100 26% 27 26% 27% 263/4 27 26% 263% 26% 26% 5,500 34% 34% 34 34 34 34 34 34 34 34 1.000 •94% 95% •94% 95% 94% 94% 94% 94% •95 96 •95 96 •35% 36% 36% 36% 36% 36% 363/4 37 •36 37 106% •105% 106% •105% 26% 39 ♦105% 106 % 38 106% 26% •105% 36% 40 800 363/4 106% •105% 105% *105% 26% 26% 26% 26% 26% 26V4 26% 38 38V8 38% 39 38% 38 % 390 19% 19% 19% 19% 19% 19% 19% 19% 19% 19% 191/4 19% 2,000 68 68 67% 68 67% 68% 67% 69 67 68 67% 673A 5,500 125 ♦123% 125 *123% 125 •38 No par 26% 26%. 26% 10 25 •38 39 ♦38 •123% •123% 125 *123% par •39% 40%' 40 40 40 39% 39% 50 "52% 53% •52% 53% 53 53 533/8 533/8 •52% 53% 5 21% 21% 21% 21% 21% 21% 20% 21% 213/s 19% 193/4 19% 81% •801/4 39% Corp 19% 19% 78% 19% 19% ' 19% 78 19% 78 common—1 40 *123% 125 1,700 125 40 40% 53% 53% 21% 21% 22 19 % 19% 40 w 1,800 300 3,600 78 78% 79 19% 19,200 '' 100 101 19% 10 19% 19% •80 *80% 81 81 510 14% 14% 14% 14 14% 143/a 14% 23% 23 233/4 23% 24 23% 23% 12,1/4 12 12 12 12 12% 12% 20 19% 20 193/4 20 193/4 20 19% 20 •27% 27% 27% 28% 28% 28% 2 8 3/8 283/a 28% 28% 1,000 38% 39% 39% 39% 38% 39% 38 3/4 39% 383/4 41% 24,100 58% 59% ■ 60 61% 60 63 64% 66% 65% 66% 7,000 45 % 47 5,600 *103% 105 Sugar -10 19% _30 •27% 28% 12.50 38% 38% 24 No par Electrochemical Hooker $4.25 43% 13% Household Finance common -No par Jan 9 Jan 35% Nov 28% Jan 41% Nov 29% July 13 38% Feb 10 Jan 99% Dec Jun 28 100% Dec 18 3%% 3 1071% Dec 22 4% 463/4 13% 13% 13% 14 13% 14 13% 14%" 33 33% 34 34 34 34% 34% . 34 •33 45 % •102% 13% 10 14 34 com 46% 44% 103% 44 103% Co 45% 44% •102% 43% •102% 107 , 33 5 preferred No par Houdaille-Hershey com—No par $2.25 conv preferred—— _50 8 3,900 14% 19% Corp 19% 12% 19% Mining— 19% 23% •11% Oil 20 19,900 12% 12% Homestake 15% 14% •11% Corp common preferred 15% 19% 19% 15% 23% 5 (A) & Sons- 193/8 19% 19% 153'B 15% 13% 13% 23% Co 19% 15% 15% 15% • 23 13% May 24 47 % NOV 13 Dec Paper Co E)_ 15% 15 15% 15% 5 23% 86% Feb 10 •28 3/s 29 ' 6% 6% 34%.- 1 10% July 13 29'/a July 27 30 6,200 27% __5 Hollander • 11 47% Jan July 25 32% Jan Dec Sep "60 32% 154 « conv 5% 50% Apr 94% 63/8 •152 8% (Charles Co Holly 31 Dauch & Honolulu *24 2834 6 V2 313/4 32% 154 34% common—No par Chemical 19% Sep 28% Jan 28% 6% 106 '27% 1 100 * preferred series A 16% May 4 5 24% Mar x273/4 76 1053/4 25 Inc__ Hinde 10'/a Apr 15% *152 *74% 8% Hilton Hotels Corp— 27 22% Jun 34% Heyden 6 Oct Jun 313/4 154 •14% 100 31 12 July 12 20% Dec 15 16% Hewitt-Robins 1,300 14% 76 107 100 — preferred 5% 14% 14% •74% 15 ; common Powder 29 8% Hershey Chocolate common—No 4%% preferred series A ' 26 Jan 14% Sep 6 20 8"% 11% 8% 3.800 1 11% Mar Dec 15% W) 29 78% 11% 12,600 16 ' 77 8% May 11% Jun •76% 11% 31 15% —5 ' preferred (G Hercules 8 62 Dec 78% 11% Co— 7% non-cum preferred Hercules Motors 1 53% 122% •76% 30% 16 *106 32% . 80O 32% 313/i 15% 76% 32 154 154 6% —.L I •32 32% 31% 106 106 32% •151 28% 6% 14% •74% 107 ,'32 ' 28% 3 *32 14% 14% 761/2 14% 32 6% , 16 •106 154 * 31% 15% •74% ' 28% Co common J) 31 •151 31% 154 32% 30% 16% " 75% 107 6% *.1 Corp—_;„2 preferred <H *106 V 128% ^10 common common 3.65% Mar 10 44 Co Helme 33% Mar 16 20 Mfg Heinz 3 Oct 105 •151 preferred 3%% 26 98% 131 Hayes Industries Inc.-,, 5 July 17 .•73% 32% 32 ,16 14% %*14 75% 107 32 * 100 Hazel-Atlas Glass 25 Jan 19% 20% par , 14% 14% •72% 100 Corp of America 41/2% 16 com—No par Refrac 81% Nov 1 31% 16 31% 31% 31% 16 •106 preferred 5 5 31 31% 16 100 - Hart Schaffner & Marx : 30% 31% No par com Co $4.25, pfd__No Harbison-Walk 6 30% 5 —5 preferred- conv 32 25 , Well Cementing Printing Co 8% July 13 July 3 Dec Jun 4% 30 149 3 64'/a Jan Oct 10% 31% Dec 3 30 5 '/a Jan 7% Nov Jan Jun Jan Jun . (W F) Hamilton Watch Co 8 19 22% Nov 28 Dec Jan 6% 20 141 Feb 149 May 20% Nov 23% Nov 80% Feb 11 Apr Hall 29 108% Oct 66% July 13 Water Halliburton Oil Sep 14% Dec 29 15 11% Jun 104 Hackensack 14 Nov 24 , 46 1023/8 103% 103 *103 31% 31% 311/6 105 14% 31% 31% 31% 31% •97% 97% 97% •97% 98% 98% 98% 98% 98% 100 •106% 98% 107% •106% 107% •108% 107% *106% 107% 1073/a 107% No par (Del) ^—25 55% 55% 64J/2 65 •20% 31% 1,100 00 34 30% 31% 31% 100 5,300 4,100 • 14-/4 34 ; 4,600 r 13,500 3,700 5.200 31% ' 94 103 42% Jun July 13 56% Jun 19 Houston 38% Jan 29% Feb 12% Jun 16 Oct 15 31% Jun 46% Jan 33 4% Jun 11% Dec — preferred 46 % Jan 48% May 44% Oct 8% preferred Light & Power 12 62% Dec 11 Houston Mar 22 24% Oct 19 Howard Stores Corp 1 July 25 7% Aug 1 58% Dec 29 Howe Sound Co__ 5 11 '/a Mar 13 OH Hudson of Texas Manhattan & Jun 17% Dec Jun 47% Jan 11% July 21 35% Mar 9 9 Feb 14% Oct 13 8% Nov 11% Jan 8% Jan 12 18% Dec 20 Hunt Foods 1% May 20% Jun 2% Jan 1% Jan 3 4% Apr 22 Hupp Corp 18% Dec July 17 25% Apr 13 Hussman Refrigerator Co 33% 24 30 17% Oct July 13 16 Nov 53% Dec 7 22 5% preferred-. non-cum Hudson Bay Hudson Motor Car_ 12.50 16% 20% No par Range for Previous STOCKS Year 1949 Range for Year 1950 Lowest Highest f perthare $ per share NEW Highest Sper share YORK 3,600 8% 8% 8% 8% 8% 6,200 18% 18 '/a 18% 18'/4 56% 57% 57% 58% 17 17% 20% 20% 8% 8% 18% •18 56% ~ 57 17 17 17% 16% 20% 20% •'V 20% 19% 20% 19% 4% 19% 20% 19% *19% 19% 193/a ; 4 4% 4 4% 4 183/4 , 100 800 18% 57% 58'/2 5,700 17% 171% 29,200 20% : 21 4% 4% 20 7,100 ■ ^ / 4% /.; 4,200 70,300 20 20 1,900 '.'/..'vAND HIGH SALE PRICES I per share fper share Friday Sales for Jan. ,18 Jan. 19 the Week $ per share $ per share Jan.17 Jan. 16 Jan. 15 Thursday Wednesday Tuesday Monday I per thare - 17% 20% 4%'. LOW Par 551/2 8% Jan. 13 $ per share 54% 8% Saturday ; 55% 54% ; STOCK EXCHANGE 55 % 55% :V. Lowest 55% 55% 20% • 4% *19% ; 203/4 16% 20% 4 1 —i- 65% 20% 55% ' 16% 6.66% 1 Inc 653/4 21% 18% 3,400 21% *20% 56% 780 563/4 €6% 65% 21% 18% 56 65 % 66% •20% 56% 56 . *20% 67 65% 21-% 19 130 106% 56 56% 56 66% 56% 56% . •1 8% 8% •18 100 56% 55% 56 8% Miri & Sm Ltd—No par 65 56 56% •20% 21% 56 common__100 56 98 V2 98 1063/4 Z S per share Shares I 31% «** V' Jun 22% Feb 73 Jun 36% 32% July 25 Dec ,100 40% Mar 15 Idaho Power Co Dec 34% Jan 25 62tl JQec 20 Illinois. Central RR Gok Dec 36% f 82% Jun 29 99 20 Jun 34% Deo 25% Jan 37% Nov 34 Jan 25 Dec 60 30'% Nov 29 ■' Dec —- —- 50 Oct 27 52% Jun Dec 14 52% Dec 10% Dec 18 . 7% 21% Sep 10Va Jan Jan 29% Jun 8% Jan 33 y4 Mar 53% Dec 5% July 14 42% Mar 28 65 72% Oct 63 4 Jun 155 Jan 30 May 11% 8 165 Jun 9 9 Jan 68% Dec 83 Dec 29 155 Dec 15 175 Apr Jan 26 '56% Dec 30 12% Mar 30 103% Dec Ingersoll-Rand 10 38 9 % Aug Dec 16% Jan 92 6% 20 17 Interchemical 100 Oct 9 Corp 4'/2% Jan 1% Jan 25 4% Dec 29 Jan 12% Jan 13 18% Dec 21 Interlake 293/a Deo 180% Dec 5% Feb Deo 10 185 27 Jan 86% Oct 33/4 Feb 6% Dec Jun 31% Jan 133 Dec 143 Feb Dec Business Int'l Harvester 84 Dec 37% Dec Jan 103% Nov 60 Jun Nov 7% 4% Nov 43 Feb 61 Feb 41 Jan 46% Oct 38% Jun 57% Jan 30% Aug 7% Jun 34 Jan 11% 20 Dec July 18% Feb 23 Aug 24 Jan 34 Nov 24 Jun 32 Jan 136% Aug 148 Feb 2% Jun 11% 7% Jan Jan Deo ' 36"% Dec 7 44 Jan 95% 59% 1053^, Jan Oct Dec 1 $4 60 23% : 7% preferred 25 International Telep & Teleg—No par International Utilities Corp 5 19 30 Island 73/4 Jan 70% Mar 26 73 Jun 86 Jan 40 Vb Mar 11 107% Mar 1 . 23% July 17 Dec 50% Dec 28 12 11% 24% 24% 24% x96 96 96 96% Creek Coal preferred (F L) —< 4% 19% 18 19% 203V2 202 204% 3V\% , 1 Co 202 202 204 180 4 4% 3% 18% 19% 205% 204 % 205% 4,000 35 Ve 33,900 4,900 41,000 34% 34'/8 34% 34% 35% 34% 1773/4 176 3/4 177% 176% 1773/4 1773/4 11% 11% 11% 11% 11% 113/4 11% 11% 13,200 26% 27% 263/4 27 13,400 *92% 95 34% 34% / 177 . 26% 27% 26% 27 94% ; *91% 94 43/4 4% 4% ■' 4 3/4 39% 39 *130 4% 38'A 131% 133/4 *92 4% 39% 38% 130% 39% 130% 13% 480 c. *91% 94 178 130 Vb *130% 14 141/4 54% 55 3 8 95 4% 4% 38% 39% 130 131 4% 10,600 39% 30,900 130 % 170 14% 14 143/4 14% 143/4 22,700 56% 55 56% 54% 55 45,000 *108 »/4 55 108 103% 1083/8 10% 11 11% 11% 11% 11% 11% 113/8 11 11 5,100 69 . 71% 71 72 71 72 72 72 72 73% 1,310 *71 54% 108 1 108 108 108 . 109% - 900 ' 72 500 72 72 72 72 72 72 *43 43% 43 43% 42% 42% 42 42% 42 42% 42% 42% 2,300 55 54% 55% 56 563/4 56 59 59 59% 59 59 4,000 35% 35% 35% *34 *34 36 343/4 *34 15% I5V4 16'% 16 54% *34 15% < -. *69 72 *69% '• 36 153/a 161/4 16% 22% 29 29 •32/ 33 22% *' 22% 22% 22% 22% 223/4 29% 303/s 30% 31 30% 31 32% 22 . 33 32% 32% 32 35 3/4 200 15 5/a 16% 15% 16% 266,200 *223/8 - •'* 22% 22% 22% 2,500 30% 31% *34 4,500 30% '31% 323/4 32% 33% 331/4 33% 2,900 27 27% 27 Vb 27% 27 Vb 27% 273/a 27 5/s 27 27% 27% 27% 15,100 223% ' 23 22% 23% 22% 23% 22% 233/a 23 23% 23% 23% 19,700 35% 3,600 35 •135% ' ; 34% , ' 7% 20% No par 67 100 *106 ♦ . 90 - 67 ; 107% , 35 *135% 35 138 6% 1 1,900 8,200 4 *63 . *88 Cd 24% 19% 138 7% 71/8 7% *19% - 35 *135% 20 **" *88 90 66 66 *106 - 35% 35 137 138 7 73/8 *183/4 351/8 137 71/4 19% *1934 21 *87 - 89 87 88 67% 67 67% *105 1071/2 66% 107% X106 106 76 491% 76 48% 75 491/4 49% 74'/2 75 52% 53% 53 96% 95% 31% 75% 8% 10 17% 173/4 17% 25% *102% 25% 25% 42,800 100 *19 193/4 20 20 88 38% 88% 88% 240 67% 66% 663/4 1,000 *66% 1071% 40 43% 49% 48% 48% 11,400 75% 76 76 75% 75'% 1,400 35,100 *105 107% *105 55% 53% 56.% 55% 56 55% 553/4 96 95% 95% 951/2 96 95% 953/i 640 32% 31% 32% 31% 32% 31% 32% 9,400 17% 17% 17% 25% *102% 17% 3,600 25% 102% 25% 9,900 102% 17% com.No par 100 8% 10 25% 323/8 32 73/4 139 54% 95% 32 3/8 74% 493/8 7% 35% '*136 95% 54% *95% 49% 36 139 ' 49% " 493/8 35 *136 104 *102% 104 *103 104 107% 107% *107 109 *107 109 107 107 20 ' Manufacturing 12 97% 52% 70 Z •*19% preferred 18% 24% *96 6,000 20,800 107% 1 Jones & Laughlin Steel-com—No par 5% preferred series A 100 Joy 53% 109 10% .100 Manville Corp_i No par 'Johnson & Johnson common 12% . 13% 10% No par pfd .Johns 6 1 50c —^ 38% 13% 4 43/a 4% 19% 130 69% * 10 common 133% *108 No par Light Co 4% 4% 19% 4% 38 3%' *11% 12 x24 % 97i/4 10 160 : 25 No par Jewel Tea Co Inc common 27 34% Mar ll7/s 243/4 97 *91% 131% 53 No par __ Jersey Cent Pwr & Lt'4% 30 98% Dec • & Stores— __ Jaeger Machine Co 511% May 18 75 $6 Jacobs . 3 * 81 /b Jan 13 Dec • 183/4 Sep 25 963/4 May 15 . 54% July 19 30 % 3 Dept Power « No par 35% Dec 5 12% 24% " No par ■ common 93 4% 38% 15 1 21 Jan ••11% 33% 26% . *130 7.50 Salt 141 12 97 200 34%' 26% 160 4% 203 4% Shoe Apr *'•156 18% 4% 191/8 203 -*91% International Silver 16 4% 160 24% •96 ' 97*. 18 7/s ■ 80 12 24% *96- v 81 24% 12% 24% - 1 International 22% Jun •11% 5 International 36% May July 11 13 11 7 Iowa Jan *155 59 18 28 Jan 157 23 28 Dec 33% 157 243/a Dec 22 Jun 160 60% Iowa-Illinois Gas & Elec Co 21 *155 80% 23% — 22 3 1,600 60 No par 27% Sep Jan 801/2 60 s/8 preferred Interstate Jun 80 24% Int'l Rys of Cent Amer com—No par 5% preferred 100 19 Intertype Corp 36% July 20 79 60 Limited 22 48 79 22% common 14 Dec 80 24 _ Dec Dec 4,900 *79 23% Corp Apr 50 Vb 67% *7% 8 23% 100 Mining 30 54 % 67 8 7% 23% No par No par 45 Jun 300 67 66 24%;. 61% Oct 8 Jun 8% 66% 673% 233% < 20 No par 4 29% 1 66 3/4 7% 60% -100 July 12 30% 4,600 29% / - 60 Int'l Nickel of Canada com__No par Preferred _100 22 Oct 70 3 6 29% 7% 67 68 10% 113/8 293/a *7% 603% 46% Jan 5% July 18 103 Sep 9% Dec 72 3 July 17 Oct 29% -673% 68 11 29% - 81 preferred International 18 110 1 July 12 14% Jan 29"% 7% 273/8 4% 8 137 % Jun 9 17% July 26 27% J«n 5 x91 29% 10% 2934 *7% 26% 17 9 % May 52 July 25 38% July 18 42% July 3 32% Aug 30 Dec 18% 94 Jun 81 29% 10% 29% 7% 11% Packers 135 11% 17,500 177% Paper 23 450 10% UV2 International 23% Dec 52% 10% 176% International 20% Jan *52% 11% 11% 7 9% Jan 52% 10% 176% 18 17 52% *11% 14% Aug Apr 14 51% 523/4 176% 59% Sep Feb 51% *52% 34% 14 5 51% 52 3% 100 25 49% Jan 51 % 593/4 —. 33% Jan 104 100 51% *52% Int'l Hydro-Electric Sys class A__25 Int Minerals & Chemical com 5 30 95% Nov 25% Mar 31 Feb 71 590 10,700 *51 *51 *156 Machines preferred 11% Dec 33% 35 523% common—No par 7% 6 27% Dec 22 • Aug 18 8 3% Dec 129% Dec 1,000 61% 34% 60%' Iron Int'l 23 Jan 16 13% Apr 81 73% 25% Mar 29 32% Oct 381 7% July 12 „-mm 61% 353/4 82 — ! 27 171% July 13 Dec — 240 July 17 25 % Jun 60% 351/8 160 common 2% 234 60% 353/4 60 Cons Copper.. Insuranshares Ctfs Inc 13% Jan 61 35 y8 *156 Inspiration Jun Jan 68 61 35% 51% 10% / 62 35 *51 29.1% *7% 12,700 *50% ; 523% 29% 4,500 393/4 66 104 *52i% 51% 4 10% par *101 59 35% . 64 % 64% 100 Jun Jun 57 *39% 39% 102 101 —No par 2 1 223% 57 35 102 104 99 X' 563% *100 64% 653/a 63% •„ 38% 39% 39% 65% 63 *80 preferred 9% 164% > No par common preferred Intercontinental Rubber *145% 98 38% 38% • 62 3% , 353% 5234 1 25% Oct 14 Dec 97% 39% 39 35% 5 11% Dec 16 Dec 61 98 *51 Mex, S A Inland Steel Co 20% Nov 22 8 18% 95% : 50 Indianapolis Power & Light—No Electrica De 61 503% • —50 Industrial Rayon Apr Jan —1000 preferred crm 39% 60% 9 7% No par preferred cum 30 Jan Apr A common Terminal RR Co Industria Jan 86 % series Co 1 A—100 ser " 29 12% 4.08% 4.26% Illinois ctfs Power 39'% common. 100 conv;pfd 19 18% ■, ' 33% Mar 27 413% JunJan Dec Illinois 18 7% July 13 25% July 12 —- stock 20 non-cum RR 20 41% Mar 23 52 •— 6% 8 253k '32 K 8% Jun ' 12% Jan 9 22 94% Jan 100% Feb *34% 102 Feb 52 July 10% 17% 105% Nov 49% Jan 14% Aug Dec 983/4 Mar 24 Pec r 7, 16% Dec 5 25% Sep 15 ;««.T Apr 10 ,0 103% JUiy 13 109% May 18 43 623/4 Dec 17% Nov 143/4 Jun 14% Jan 10% Jun 23% Dec T 1 66% Dec 19 10 20% 57% 13 ' *13% Jun 19% For footnotes see Dec page 163/4 22, 29 "J!.!, on ' ® £0V o' £e<r 3® /4 Oct 00/7 Jan 30 25 23 Kalamazoo Stove & Furnace * . - Kansas City Pr & Lt Co 3'80% Preferred 4%. cum preferred—,- 100 Kansas City Southern com—No 4% non-cum preferred Kansas Power & Light Co Kayser (Julius) & Co Kelsey Hayes Wheel conv class Class B *107 par 68% 100 68% 8.75 5 A—1 16% ' 143/a *28% 1 26% 104 109. 69 68% 102% *107 102% ' 109 68% 69% 68 68 " 693/a 683/8 70 68% 17% 25% 17% 25% 17% 25% 17 25% 70 683/4 70 683/4 69% 68'A 69 6,500 67% 68% 68 68 67% 69 1,600 16% 16% 16% 16% 16% 17 6,900 143/8 28% 14% 29 • 14% 28% 14% 14% 14% 14% 15 3,900 2334 16% 14%* 28% 163/4 14% 233/4 28% 28% 28 28% 1,800 27 27% 27% 27% 26% 27 26% 27 26% 27'% 4,300 29 26% 143/a 16% 1P% 16% kVolume 173 Number 4979 . . (393) The Commercial and Financial Chronicle . STOCKS $ per $ per share , 40 Jun Nov 45% Mar 1 Feb 16% 17% Jun 48% . Dec 13 Dec 67 Vs Aug 31% 11 24% July 12 Jan 98 Jan 93% Jan 9 43 ,■ Feb ' Dec 35% Dec 26 62% Feb • Dec 50 4% Jan 8 Oct 3% Jun 6 Jan 17% 9% Jan 6 27 7% Nov 24 Laclede Gas 7 % Dec July 13 28 *31/2 Jun La 20 Co Consolidad 19% July 12 25 y8 Oct 25 Lambert Lane Dec 10'A Jun 5 12% Jun 22 43 Jan 47 Oct 42% Dec 15 47% Jan 25 19% Jun 26'% Jan 22V2 Jan 19 37 Oct 18 Lane-Wells 37* Jan' 45'/a Dec 40% Jan 25 62 y2 Sep 28 Lee 16% Jun 22% Jan 20 Jan 3 90% Jan 98 May 94 Jan 24 11% 6% Jun 11% Jan 33% Jun 49% Dec 3% Jun 5% Jan 1% Jun Jan .3 '25% May 100 y8 10% Dec 38% July 4% Jan 13 50% Jan 11% Jun 12 7 Dec 28 4 Dec 29 3 Jun 24% Jan 4% Jun 8% Jan *41% Jun 8% Feb 20% Feb * . 56% 11% 26% 30' 14% Jun * Dec 41/2 Apr 51 •- Dec Dec 13 45 34% 345/8 ___~5 *• 57% 59 common__3 : *22% 23 48% 67 Dec 2% » July 17 13% Oct 24 Ye Jan Lehman Corp YJ2W 9 • 21% 14% 143/a 2% 21% 21% 7% 69% 11%' 50 3/8 14% 23/4 23/4 213/4 ' 213/a ; 73/4 68% 12% 12% 12% 12% 12% 12% 24% 25 25% 243/4 25% 32% 33 % 33 33% 32% 9% 9% 24% 24% No par 53% 2% 8% 7% 18,900 2% 22% 8% 69 67% 12% 14 13% 24% 5,500 ' 9,000 6,900 6,600 14 255/8 - 68% 24% , . 47,900 15% 14% 21% 3 24 5/B 13% 25 20 52% 56,200 3,500 11% ! 68 % 68% 2,800 11% 15% 8 70 2,900 22% 100 % 22% 21% 8 69% • 70 60 59 22% *99 52% 50% 15% 190 1,000 11% IIVa 2% 3,400 34% 34% 100% *90 1,900 • 47 *46% 22% .22% 14% 8% 7% 223/4 49% : 213/4 \ 69% 13% 59% 59 Ya 60 400 24% 13% 22,200 < 6% 24% 7 13% 49 7% 8 6% 24% 345/8 100% . 7% 7% 7% 7% 24 % 47 68% - 5 ^ Lerner Stores Corp • 4,500 *63/4 12% i___l (The).. 21% 37% 13 103/4 2% -48 3/4 > 37% 34% 14% 2% • 21% *7% No par Lehn & Fink Products.- 23 49 14 Va 50c r.cn-cum 2nd pfd—-j 28 48% 13% 48% 13% 10% --2% Lehigh Portland Cement. ^ 25 ! Lehigh Valley RR__u.____i.__No par : Lehigh Valley Coal com : 1 • $3 non-cum 1st preferred—No: par *■ 38% 46 11% 10% .54% 37% 13 % *99 100% 10% 10 Ya 54% 3,200 35 22% 22 % 22% *99 - 8,800 54% 7 59 59 Ya x59% 59 22% 37% 24% *34% 130 37% 453/4 13 45 35 7,500 *53% 13% 13 44% 102 102 453/4 12% 44 % 37% 37% 7% 7% 73 37% 101% 38% *63/4 260 73 37% 54% 24 600 18% *18 i 19,300 - 101% 38 7 *34V2 10% 38 54 24% 13 100% 74% 37% 38% 37% 7% 7% 24% 35 *99* 74 38% 102 102 38%; 46 1 18 74% 37% 37% 13 99 18 *74 75 *34% 99 6,300 18 % 18% • 7 22% 451/4 *18 37% 7 59 44% 45% *44 ~ 46 25V4 45 . ; 1,900 45 24% 44% : Tire' (James)' & Sons Co 25% 25% 1 No par • _■ 64% 251/4 -79 58% ,102 38% 53% 55 24 % 24% 24 24- ; 29 9 July 13 9 ' 29 20 July 17 19 Sep 22% Dec *6% 62 251/a 59% 25 38 7% 7% 7Va - 61 57% *74 37 102 24,300 78% 59 18'/a • Shares 77% 78% 79% 77% 77"% 58% 24% 44% 58% 59% 24% 25 43% 44 18% 18% 74% 75 36% 36% *101% 102 37% 38 Va 54 54% 37% 38% 7% 7ya , 15. 37% *6 • 3.85% cumulative preferred—_100 Lehigh Coal & Navigation- Co. 10 29 14 3 & * the Wee* 77'/a 1 50 common preferred Co Rubber Lees 9 Sep 25 July 13 7 Bryant 4 %% 37% 4 6% . 38% 54 54 *. pfd_75 Pesos Mex (The)— No par Co 18% 74% 36% 38% • par No par L„_... 43% ' *101% 102 ! 10 No - 25", *24% '43% 18% 74% 36% • __100 I_.^_ 59% Salea fw Jan. 19 f per share Thursday t per share S per share 77% 76% Friday Jan. 18 t per share Jan.17 Jan. 16 f per share , 77% 58% - 1 No par 10 Kress IS H) & Co_l_ Kroger Co (The)_„ 5 62 Jan 35% Dec 20 Kresge IS S)\ Co 6 77% No par Kinney (G R) Co common $5 prior preferred-.. Koppers Co Inc common 4% preferred Dec 22% Jun 42% Jan July 12 34 % Dec Kern County Land Co 5 Keystone Steel & Wire Co No par Kimberly-Clarke Corp com—No par 17 20 Nov 14, 76% Nov 24 37 Nov 24 101 Dec 1 13% July 20 Dec Kennecott Copper PRICE8 Wednesday Tuesday Jan. 15 $ per share Par 75% Dec 28 27% May 24 47% Nov 27 3 Jan 16% Jun 90% Aug *35% , 15% Jan 24 72% Jun * Mar 25% / Nov 25 % 10 % . SALE HIGH AND Monday Jan. 13 63% Oct 3 48% 1 49% Apr LOW Saturday ' $ per share share Jan llVe 62 $ per share Highest 56% Jun 39 Lowest Highest RECORD ' NEW YORK STOCK EXCHANGE • Range for Year 1950 Year 1949 Lowest STOCK YORK NEW Range for Previous 7,600 1 " 30% Dec 6% Jun 8% Mar 15 71/4 Jan ■ 3 34Va Jun 37% July Apr. 91% 73 170 Feb- 186 Oct 177 Sep Jun 29 Jun 19 Jun 13% Dec '57 'A July 33% Oct 28% Feb 17% Dec 78 Jan Jun 16% Feb 14 ye Jan 76 25 Vs ;,15% Jun 19i/« Dec 25% 23% Jan Oct Jan 27% Dec 1721% Jan 32 31% May 20% Jun 9 17 13 38% Dec 18 18/2 Oct 4 -■ 22 % July 164 28% Aug 17 13y4 Sep 29 Dec 18 28 7 174 July •29% Dec Jan Sep 97% Feb , -34% Jan 211/4 Mar •17% Jun No par 3 17 4 Lockheed Aircraft Corp Loew s 19 7% Louisville Lowenstein 21 29 i>U7e Dec 30 ■ &• Lukens • P""»e for Ye"- 1osso Lowest Highest Highest ' $ per share $ per share 87% 42% 433/8 16% 30 29% , . - 13 53% 32% *101% ——10 Vopk 38% 16% 77% '16% 77% 29% 29% 30 * 29% 30% 12% 13 12% 13% 13 Par: 25 31% 55% 54% 32 Va 32% *101 % 31% LOW AND HIGH '' Monday * j Tuesdhy 1®'%^ ?• 17% 83 29% 29% 29% 3,800 12% 13 12% 12% 29,100 24% 24% 24 % 24% 9,300 ' . 31 % I per 17,500 9,300 34% 102%. 33 .33% l\ Friday 50 7,500 -*■ Sales fw the Week Jan. 19 I per share per share 57% 34 33% Thursday Jan.18 Jan.17 4,000 56% SALE PRICES Wednesday 31% *101% 33% 33 Ya *101% 102 % 32% 80 169 169 ; 57% 56% 5,800 t 31% 31% 57% 33 169 169 33% $ per share f per share I per share 16% 81 32 % 1 - 39,400 16% 102% 1C Jan. Jarf;15 23,800 30 101 % 33 Ya 32 32% * 39% 81% 31% 32% 102 % 200 79%, 16% 25 55% 32% 101% 8,000 79% ;• 170 31% 56% 32% 38% 17,300 16% 169 31% 600 •/ .42% 79 24% 4 170 *168 31% I'V $ per share 24% 24% 170 3,800 19% 19 40 100 1 *78% 79 %, 39% 44 41% 19% , 79% • 39% 39% 16% : 101% 31 *Jan. 79%, 18% 18% 78 Ya 39% 53% 54% 32% patwrdaj * ! * 77% 31% 103 -A STOCK 43 % 700 . * '.89 *86 87% 16% *168 31% 31 87% 183 43% 44% 42% 76% 24% 24% 170 50 —100 78% 39% 12% 13 24% *168 • 43% » 12,700 76 183 183 % *182 43 29% 78 . ■ 87 18% 18% 78% 75% 75% 22,600 9% ,34% 87 16% : 16% 77% 18% 79% 9% 34% 41% ; 76 39 39 37% & Sons Inc com__l EXCHANGE 18 17% *78% *31% Co NEW , 87% 42%- No par Nashville^..i (M) Steel 86%* 41% 18/8 - --..100 preferred series A. 4%% 85% 42% 79% 10 4 • Gas & Elec Co (Ky) Louisville 4l 102% Dec f 43% 41% 18% Inc preferred '42% 41% *78% .No par 43 *41% 42 Star Lcmg Isiand -Lighting Co..-; Lorillard <P) Co common 183% 42% 182 182 75% 183% 182 33,300 32% 9% 34% . 75% 76 77 182 76 % 76% 85%,'; 85% ' 1 , 75%- 184 34% 34% 32 32% 9% 93/8 35 35 35 32% 33% 9 93/a 9% 35 *34% .34% 41% _t ... -No par Cement Corp.—_ .No par Long Bell Lumber (Md) A— -No par Lone - 9% 76% *182 No par No par ; ""STOCKS Year 10/>n t.per share £ 33 76 Liquid Carbonic Corp com 3%% convertible- preferred.—10C Range for Previous Lowest* Co.. 38/2 Sep 22% Mar 24 Oct Mar Jan .34% 5 _ Co-—1 36% May 23 50% Dec 21 8 25% 100 , Mar 16 81 1 Aug • 4iy2 Jan Jun Oil 21% Jan ~ 15 Belt Lion 81% Apr 21% July 17 Dec 95 Link 3 9% — 27 82% Oct •14% July 12 60 y8 JUly 26 Dec Jan 23% Mar 31 44% Nov 24 5 27 Aug •11 153 Savers Corp 31% 7 Liggett & Myers Tobacco Com____25 ' 7% preferred ;__100 " Lily Tulip Cup Coi<p— No par 45 Ya Nov 20 14% July 12 71 18% Aug Jun *60 3 10 ' Jun 65% x67 Life 28 187 28% July 26 52% Oct 89% Jan 15 Dec : 38 Libby-Owens-Ford Glass Co Libby McNeill & Libby.. 19 9% Oct 30% Aug 25 72% 39 % Aug 28 17 share Sharce 16% 3,600 M 9% Jun 14% Oct 31 % Apr 42 Dec 131 Jan 9% Jun 27% 95 % 8 % July 10% 15% Jun 33% Jan Jan 104 Ya Dec Jun 5 Jun Jun 7 Feb Mar 15% 135% Mar Jan 430 6% 36% Aug Oct 139 Jun 17 8 3 28% 3 8% Dec Jan 20 Jan 19% Jan '10% Jan 510 July 5 15 9% Aug 11 P". Feb 10% A or 17% Jun 25 Dec 6% Jan 16 8% 16% Mar 18% Oct 19 Ya Apr 24% Dec Jan 104 Dec 7% Jun 12 Apr 10 Ya Feb 13% Jan 11 Ya jun 19% Jan 18 Madison 28 Magma Copper 19 Magnavox Co 93/4 Dec 27 Mandel 23 Manhattan 3 19% May 4 33% Dec 29 19 25 X> U 25 Martin 13% May v 183% Nov 313% Nov 179 ' Aug Jun 49 "• Dec 45% July 13 98% Dec 97 89 Jan 175 Dec Feb 185 >3 Aug 18 Sep 8 (Glenn Master 22 26 59 Nov 9 100 Jan 12 7% 100 Jan 30 90 Feb 18 $3.40 173/4 May 11 Maytag Feb 88 Dec 87 Jan 10 Jun 12% Dec 11% Jan 3 May 45 Dec 42% Jan 19% Mar 25 Jan 1 13 52 Mar 28 $3 20% 100 143% 293% *180 24 *535 12% 4,900 19,600 14% 20 550 20,700 1,100 12% 123/4 13% 11% 11% 11% *11 11% 24% 24% 24% *24 9% 93/4 9 93/4 24% 300 9% 9% 19,400 9 3/8 39% 40% 42% 423/4 7,800 9% 9% 9% 9% 9% 9% 93/a 13,400 4 3/4 43/4 4% 4% 4% 4% 4% 41 42 1,110 12,300 35 353/8 34% *1033/4 104% *1033/4 1043/4 1033/4 104 YA 100 104 20 21 191/a 20% 20% 21% 20 YA 21% 22,700 14% 8,400 32 34% 351/8 35 35 143/4 14% 143/4 14 143/4 143/a 143/4 31% 31 31% 31% 33 32% 323/4 313/4 19% 20% 19% 19% 19% 19% 19% 1,400 20% 19% 193/4 : 14% 303/s 293/4 303/8 30% 31% 31% 32% 18,400 30% 30 30 29 185 *180 *180 185 *180 185 59% 59% 59% 100y4 1001/4 IOO1/4 *99% 100 3/a 99% 59% 60% 100% 99% 9934, 60 *89 90 90 14% 14 14% 100 99% 90 903/8 *90 90 3% *137% *44 13% 143/s 550 200 4,000 32 % 393/4 100% .No par 32 33 9% 9% 34% 21 .No par preferred *535 11,900 104 104 35 YA .No par common 14 14% 545 9% 9% 13% *24 59% 993% , 32% 34% '• *102 104% 11% 12 100 % par 34 33% 20 25,700 14% 30% 20 19% 900 19% 30% 14% 30 % 20% 18% 39% 142 12% 13 5 series.. .No cumulative pfd Co 104% v 104% *104 39 YA *139 *43/4 4% 34% . 15% . 9% 9% 4% 4% 34% 9% 16% 39% 144 39% 93/a 393/a 39 133/4 *535 9% 33% 323/4 14% 24 . • .No par „ $3.75 cum pfd 1947 43% 20 I——5 Chemical Corp preferred 22 8%' 9 34% *19% preferred : Stores common.. 96% Dec 9 . 33% *102 9% 9% , 33% 113/4 11% 24% *104 No par May Dept $3.75 11% *24% 9% — 12% 18 3/4 33% 104 *102 93/4 5421% 542 123/4 11% 38 3/4 No par ._ ..., ' 13% 14% 24% 9% ,, 32% 33% *24 1 Electric Co Mathieson 12% 12% 93/4 542 *535 100 —_ j 15 13% 14% 383/4 .No par Co L) Martin-Parry Corp: V nit* ourp 2y 32% 34% 540 9% V *140 19% 33% 33% 102 102 • 39% 393/4 142 18% 19 . 33% 333/4 *11% 100 prior pfd 183/4 19 102 93/4 " 5 preferred.! 4%% 18 10 139 16 16% 16 39% 142 • 33% 102 103 < 6.25 Corp.— 0% Ry 123/8 1 Exploration— Marshall Field & Co com 21% Dec 12% July 13 Feb St 14 5 Corp Midland Market 34% *530 : .1 No par : Maracaibo Oil Marathon ; l 50 Shirt - 9% * 10 Bros Marine 106% Sep ,) No par Mahoning Manati *102 100 19 333% 33% No par ' 18% , '39% 139 142 *139 142 18 3% 5 (The) Coal RR Co Sugar Co— 30 13 Inc. Square Garden 9 *139 100 4% % Jan 27 Jan 30 (R H) Co Inc com preferred series A. 9% Oct 89 7% Macy 9% Nov 38 80 Trucks 23 °/4 Oct 17 9% July 19 ' 98 Mack preferred 12 Ya Aug *24% Juiy 27 170 19 38% Dec 3i 16 39% 24% Apr 4 100% Aug 7 9% Jan I3 16% 39% 6% 3 18% Apr 23% Jan 16 39% 19 8% July 25 Jan 15% 39% 35% Dec 6% July 13 25 Dec 95% Apr 15% 39'% Sep 550 7% Mar 30 Dec Forbes 14% Apr Mar 30 7% Jan Dec •18% - 16% ,—5 common__10 Working Co.— & MacAndrews 105 3 Dec 525 26 M & M Wood 343/4 May 25 Jan 20 12 13 4 18% Dec July 17 Nov Dec 143 11% Mar 31 101 May 42 .11% Feb 28 14% *43% 185 *180 59% 60 IOOV4 100 YA 90 *100 100% *90 *180 185 59% 60% 6,000 185 4,600 60 / 140 101 100 YA 100 Ya 100% 100 100 Ya 903/a '-90 90 3/a 80 6,000 14% 14% 14% 133/4 14 13% 13% 44 43 43 43 43 44 240 44 800 44 44 24% 24% 245/8 24% 24% 25 3,900 24% 25% 24% 22 % 223/8 22 3/a 22 22 Ya 221/4 23 23 23 % 3,500 22% 42 3/4 423% 42% 423/4 423/4 42%' 43% 170 43 43% 42% 45 343/4 3,000 ' Q% .Tmv 14 *18 273% Sep July 13 233% May 11 39 30% Mar 36% 90 Jan 29% Jun 45% 24 100 49 Aug 17 9 37% Jun July 3 30% Dec 16 Dec Dec 99 July 19 39% July 27 Dec 105 May 3 52% Mar 15 Feb 34 Apr 30% July 17 40% Nov 41 % Jan 60% Nov 44 58 30% Jan 41% Dec 19% Feb Jun xl3 25 July 13 33% July 13 21% July 13 12% Apr 5 Dec 17% Mar 25 Jan 21 3 423% Feb 10 26% Jan 9 12% July 17% Jan 3 18% Aug 16 323% Oct 11 70 Ya May 93% Nov 82 Jan 5 94% Nov 27 28% 34% Oct 323/4 Jan 6 64 Jun 14% Jan 20% Jan 27 Dec Jun 13% Jan 10% July 17 34% Jun 49 Jan 12% Jun 7% Mar 27 15% July 8% Jan Apr 43% Dec 90 Jan 99 Dec 18 July 23% Jan 40 Dec 30% 97% Jun Jan 42 Jan 11 27% Jan X21% July 19 7% Oct 9 ;-17% Nov 20 13 53 Nov 20 * 14% Jan 16 *19% Nov 27 953/4 Nov 9 Dec Feb 106 Corp common 50 Stores Corp Electric McGraw-Hill Publishing McLellan Stores common * Co Transp Co Min Inc common preferred * $3.50 34% July 12 Merritt-Chapman 493% Nov Mesta Machine & 23% *23% 23% 23% 233/4 23% 23% 1,400 19% 5,400 25% 14,600 —10 No par No par 50c 3 19% Dec 28 57 % Dec 30 Mid-Continent 18% Jun 34 Dec 28% Jan 124% July 10% Aug 7% Jun 139% Mar 12% Jan 12 125 Jan July 18 10 % Jun 83/4 July 543/4 Nov 13 1393/4 Nov 13 17% Dec 28 29 3 30 • 16 Dec 29 Midland 8% Steel 87 Mar For 101 footnotes Nov see July 17 99 Jan page 22. 10 42% Dec 113 Dec 233/4 23% 23% 17 17 17% 17%- 19 18% 19 19 193/8 193/8 24% 24% 24%. 23% 243/4 243/4 25% 25% *93% 94% 24% 24 24% *93% 94% *59 61 17% *19% *6% 55 94% 93% 93% 603/4 60 3/8 60 3/e : 94% 94% 943/4 61% 61% 63 % 63% 500 26 24% 25% 24-% 24% 5,900 7,700 25% 26% 17% 17 17% 16% 173/s 17 17% 17 173/8 52 52 53% 53% 54 54 53% 54 Va 420 55 20% 20% 20% 19% 20 195/B 20 20 20% 6,300 *52 - ,j % , 193/4 6% 20% *6% 61 3/4 *100% 102 *100% *103% x25% 6% 63 102 6 5/8 62 65/8 62V2 *100% *65/8 61 *100% 102 6% 62 102 26% 4,800 54 54 3A 1,900 104'A 100 106 106 *106 107 *106 107 *106 107 *103 105 *103 105 *103 105 54 *103 105 *103 105 5,900 *103 26% 533/4 1071% 100 61 Va 101 104'A 26 Va 54 *106 60% *100% *103 26% 53 Ya 107% 62 102 6% 104% 26% 53 *106 *100% €% *6% *1035/8 26% 52% 103% *6% 61 „ 103% 26% 52 103% . 103% 26% 104% 80 *93% 61 26 63 52 61 16% 62% *26% . 3,600 25% 25% 17% *93% 60% 25% *52 38 - 26 % 54 26% 54 26 *103 Ya 104% 213/s 21% 205/s 213/4 21 215A 21 58% 10 20 21% 20 57% 20% 57% 57 58% 56% 58 57% 59% 58% 59% 57% 18% 18% 18% 18 5/8 18% 18 5/s 18% 18% 19 Va 18"% 44 44 43% 43 26,300 19 18% 43% 5 —100 & St Louis Ry.__._No par Minn St P & SS Marie No par Minneap 19 3/4 *132% 18 133% 43 % 44 1323/4 133 Ya 43% 133 43 133 43% 134 43 1325/8 133 134' 18 % 17% 18% 18% 19 Vs 18 3/8 18% 18 3/8 18% 16% 17 17 18% 16% 18'A 173/4 18% 17% 16 3% 16% 1.50 pfu series A 43 *132% 18% 42 3/a 42% 100 *112% Regulator— Common conv 17 *37 38% *38 38% ..10 1st preferred 3.20% *23% *373/4 38% Inc...No par common Minneapolis-Honeywell 31 *38 21% Petroleum Prod 12,000 42 233/4 5 Utilities 60 58% 41% 23 South 39 38% Metropolitan Edison 3.90% 4.35% preferred series Middle *38% 300 42 Jan 7 2,600 58% 15 203% Mar 49 % 56% 383/4 Feb July 13 49 41 13 28 49 38 Dct 104 % Nov X46 57 Dec 6 150 49% 41 Jan 14% 12 106 Ya 56 48 Jun Apr *104 40% 18% 8% 110 49% 48% 34% 105 41% Jun 102% July 7 48% 48 % 34% 105 57% Jun Dec 48 33% 34% 106% 41 14% Oct 48% *105 563/4 37% 105% 7 106 YA 333/4 333/4 105 105 56% pfd_100 100 3.85% preferred series— 100 Miami Copper 5 107% Sep 48% 33% 33% 105 41% No par Scott—No par Co *105 33 Ya 105 55% common 1 5% convertible 1st preferred 50 Mercantile Stores Co Inc.——-3% & 33% 41/4 (The) & 42% 33% 55% 2nd preferred Mengel Co 42%. 25 413/4 preferred (1st series) 100 (1st series)—50 Melville Shoe Corp 1 Corp 22 54% *4%% 4% 22 , *41% McQuay Norris Mfg Co— Mead 24% 5 1 Co 24% 18 No par McKesson & Robbins Inc com Merch 27 1 1 Co Mclntyre Porcupine Mines Merck 27 common convertible preferred—.100 3%% McGraw 3 Dec 3 Preferred McCrory 28 101 37% July 17 101% Feb 21 110% McCord 7% Jan 25 104% No par Corp 66% Dec 6% Aug 11 393/4 Jan 13 x20% Jan McCall 114 42 *112% 42% 114 42 112'/a 42% 41% 112% *112% 42'A 114 42 113% 42% 114 13,400 , 28,400 2,800 134% 210 18 % 20,600 18 14,700 413/4 42% 113% 113% - 9,400 310 13 The Commercial and Financial Chronicle (394) NEW Range for Previous Year 1949 I per Lowest Highest Lowest 101 D«o 94 Jan 108 Deo NEW Highest t per share $ per share share Jun 66% YORK July 26 151 LOW Minn Min & Sep 26 9% July 12 108% Jan 5 $4 Mfg common—No preferred 14% Jan 21 Dec 27 Jun 80 Feb 67 July 19 84 Nov 10 16 V* Jun 22% Nor 16 Jun 27% Dec 27 27% July 26 34% Mar 20 54% Jan 46% Jan 73 Dec 28 Mission 10% Oct 9% Jan l57/8Dec 26 Jan 4 % Jan 11% Dec 22 Mission Development Co Mo-Kan-Texas RR com 25% Mar 21% Jan 52% Dec 22 31% Dec 30 41% Oct 6 7% Jun 3 V* Jun 15% Jun 6 3% Aug 4% Feb 5% Aug 25 Jun 35 Jan 9 Jun 12% 25 Deo 30 Apr 11% Jan 13 $5.50 1st preferred $1.50 2nd conv preferred Jan 103% Jun 10 57 % 113 Jan 54 Deo July 26 Dec 111% Jun 27 Deo 14% 10% Jun 77% 30 135 Carpet Dec 21 3 $4 Hosiery pfd 59% Mar 49% July 13 Jan 13% Deo 12% Jun 27 16% Dec 29 Moore-McCormick 16% Jun 23 Jan 15% Dec 29 20% Jan 18 Morrell 14 Jun 26% Deo 23% Jan 22 57 19 Motorola 16% Jun 27% Deo 26% Jan 3 15 V* Jun 20 % Jun 23% 17% Deo 11% Jan *9% Jun 14% Jan 12% Jan 19 9 Dec 10 11 Jun Deo 39 36% Jan 13 51 Jan 43 13 17% 32% D«« 16 Deo 32 Jan 3 24% Deo 9% Apr July Oct 23 Jan 13 Jan 28% 28% 28% '28% 29% 28% 29% 30% 31 30% 31 '27% 1,300 5,000 30% 31 30% 30% 30% 31 75% 75% 77% 78 78% 77 V* 82 83% 85 82 82% 14% 14% 15% 15% 15% 14% 15% 15% 15% 15% 15% 5,600 11 11% 11% 12% 12% 13% 12 13% 12% 13% 12% 12% 51% 54% 54% 58% 58% 61% 58 61% 59 58% 60% 25% 24% 26 24% 25% 23 24% 145,000 91,400 61,900 36 Va 35% 36% 35% 35% 100 24% pfd_100 °36 20 30% 22 Vs 36 35% 35% 15 '35% 60% 24% 14% 15% 21% 7,800 24% 35% 36 I,000 2,200 15% '15 Inc 1.25 14% 14% 14% 15 14% 15% new.No par 21% 21% 21% 21% 21% 22 21% 21% 22 22 21% 22 73% 73% 74 73% 73% 73% 76% 127% 130% Co 3,700 24,100 73% 74 73 Va No par 128% 128% 127% 128 127% 5 "11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 11% 2,100 21% 21% 21% 21 Va 21% 21 % 21% 21% 21% 21% 22 9,700 74 common—5 B Co 74 128% 127% 128 ♦ 127% 128 67% 65% 67% 67% 68 67% 16% 17% 16% 17% 16% 7,400 68% 17% 17 Lines 0 Co & 17% 17% 17% 17% 17% 17% 17 17 17% 17% 17 17 42% 43% 42% 43% 42% 44% 43% 45% 43% 44% 43% 45% 28% 29 29 29 Va 29% 29 Va 27% 27% Inc Corp Oct 18 6 Murphy Mar 17 Co (G 28% 27% *27'A 27 Va 27 % 27% 27% 28 18% 19 18% 19% 18% 19% 19% 19% 18% 19% 6,700 17% 17% 17% 17'% 17% 17% 17% 13% 17% 17% 17% 17% 16,000 '13 5 13% 55% '55 55% 55 110%, '110 110% *110 110% -—50 46 % No par ''52V* II,200 1,000 47% '46% 47% '45% 47% 300 '52% 53% '52% 53% '52% "53% 200 47 47% 53 Va *52% 10 21 '46% 47 52V* 4,600 55 110 20% 20% 52% 14 55 110 21% 21% 54 13% 14 551% 110'/a '55% '110 20% 21 '46% 46% 13% 2,200 21% 21 21 110% '110 20% 20% 55% 55% 55 '55 '110 com—10 «fc Bros 13% 13% 13% 13% 12% 1 .—100 common preferred Murray Corp of America 4 % preferred Myers (F E) 29 V* 27 Va 19% 17% 1 C) 28% 27% '19 1 4% % 29 Va 29'A 27% 5 Co__. 1,300 22,500 4,600 "29% 10 Corp Brass 28,700 7,900 No par 3 (John) Mfg Corp Munsingwear Inc 23% Aug 30 52% Aug 30 53% Jun 12 330 29 ♦28 16% 56% Dec 13 27% 14% Mulllns Jan 88% 65% May 24 15 21% 88% 17% Wheel Deo 21% 87% 65% Mueller 14 21% 87% 22 Ve 87% 16% Motor 113 22 87% 64% 14 29 21 87 Va 65 20 29 21% 87% 17% 19% Dec Jun 21 87 17% 30% Nov Jun 21% 86% 64% July 17 9 20% 86 75% Co Products 44 210 26,000 21 21% Motor 108% July 12 1,500 8,000 431 s 106% 106 (The)—No par Montgomery Ward St Co No par Power 42% Aug 24 15% 30% Mar <1 Jan 50% 42% 171 Montana 13% Mar 25 112% Mar A Utilities 10% 38% Feb 108% Oct 43% 106% Shares share fi conv series 47% Jun 13 42% 106 169% Tool Montana-Dakota 23% May 11 67'A Nov 24 Oct 171 15 Co Machine conv Sales foe the Week $ per 30% No par Mills Monsanto Chemical 13% Feb 19% July 13 series $ Missouri Pac RR 5% Dec~21 106 '105% 105% 105% 170 43% 42% 43 42% 42% 106 share 171 171 17L Jan. 18 10 preferred Mojud 170 Friday Jan.19 Thursday t per share 27% 25 Corp Mohawk 16% Nov 20 Jan. 17 t per . 20% 100 Minnesota Power & Light Co_No par 7% 106 Wednesday 86 Minneapolis-Moline Co common—1 Monarch 45% >105% No par „ Jun '105% PRICES BALE ( per share share 42% 42% HIGH Jan. 16 170 170 170 42 10 Va f per t perthare issued" 67% 27 Jan. 15 >168 par AND Tuerday Monday Jan,13 Par Nov 28 Monday, January 22, 1951 RECORD Saturday $ per share 104 38% Jun STOCK STOCK EXCHANGE "When 104 YORK STOCKS Range for Year J950 ► ... ' N 10% Jun 22 Jun 17% Jun 5 Jan July 13 22 tMay 20 53 Dec Nash-Kelvinator 21 34% Dec Nashville Corp Chatt & 18 National Acme 14% Dec 27 67/s Jun 29 National St Airlines 9% Jun 18 Deo 10% Jun 14% July 12 23 13% Deo 40% Deo May 27 National Automotive 12 Jan 20 Dec 28 National Aviation 31% Dec 26 17 National 185% Sep 7% Mar 39% Jan Biscuit 175% Jun 30 5% July 13 170 V* Mar 4% Jun 30% Jun 5% Jun 5 Jun 9% Jun 27% Feb 13% 17% Feb *11% Jun Jun 86% May 25% Apr 169% Jan 125 Jan 36% Not 87/t Aug Jun 39% Jan 183 Dec 36 50 13 National 14% Mar 30 20% Dec 22 National Department 20% July 17 15 July 25 27% Dec 21 National Distillers 94% Jan 11 Jun 10 69% Dec 29 July 13 185% Jun 5 Jan 159 152% Deo xl50 7% Deo 19% Deo Jan Deo Nov $4.50 7% 21 9% May 31 31% Dec 22 25 5 U d&n 4 Nov 24 » Lead 12% 13% No? 1 per share Ref 21% Dec 18 89 Dec 20 20 24% Dec 28 14% Oct 9 Natl 11% Jan S Natomas Lowest i per share Jan 14% *101% Jan 104% 7% Jun 14% 29 Mar 93% Jan 8'A Jan 94 Mar 42 Jun 8% Aug ( Feb 39% Nor 102% Oct xl 1% Deo 102% Deo 67% Deo 1 14% Jan Deo Deo ?'. 20 19% 20 34% 34% 33% 343a *182% 183% 183 8% 8 34% 182 35 V. National 13 Co 182'A 8% 8% 8% 45 V. 45 Vs 45% 44% 10% 10 % 106% Aug 11 11% Jun 13 102 % Mar 10 ' 7% July 13 34 July 11 July 18 10% July 25 58 Nesco 42Va Nov 25 99 x99% Sep 4%% 10% 10% 10% 10% 107/s 10% 11 10,000 11% 11% 11% 11 Ve 11% 11% 12 Vs 11% 12 35,200 13% 14% 14% 14% 13% 14% 14 14'A 14 14 V# 4,700 47% 47% 46% 47% 47 % 48 47%, 48% 47% 43% 46% 48 8,100 21 Vs 21 % 21 21% 21 Vs 21% 20% 21% 21 21 Ve 20% 21 26% 27% 26% 27% 27% 27% 27% 27% 27 Vs 27% 27 273# 42,700 18 18 V. 17% 18 173A 18 17% 17% 18,000 ' 17% 101 18 Vs 17% 67% 18% 101% 101 67% 101 Va 67 105% Feb 16 67% 182 *153 V. New 103 Apr 13 104% Dec 18 Feb Apr 6 14% Deo 10% Jan 26 72% Jan 66% Mar 14 80% Dec 8 9% 9Vt 32 V. Ve •le 26% 26% le 26 % 9 26% 54 % 53% 29% '29% , 55 V* 55 V. 29 V* *153% 154% •153% 154% 9% 9% 3,100 33% 3334 16,200 26% 26 3A 26$ 55% 55 2$ 553/4 54% 29% 29 Vs 29 V« 28% % h 263/4 54% *28% — Industries 22V* 22% 21% 22% 22% 223/4 22% 87 87 87% 87 87 87 87% > 23% 23 V* 23% 23% 23% 23% 14% 14% 14% 14% 14% 14% 14% 9Va 9Va 9% 9'A 9% 9% LOW Monday - Jan. IS I per share 15% 12% 15% '105 105 13% 15% 16 105 ' 8% 8% 8% No par '40% 41% 41% 41% ;__100 *10034 *105 101 Va 83A 41 9 BALE 9% 9 23% 3,900 14% 14% 2,300 9Vs 9% 9 Va 14,100 PRICES Thursday Friday Jan.18 Jan.19 { per 15% 106% 13i, 15% *105 share 14 15% 106% 133A *105. share Shares 13% 13% 9,900 15% 15% 106% 9% 8% 9% 9% 41% 40% 40% 100% 100% *100% 101 Va '100% 101 % 1 11 Va 11% 11% 113A 11% 113A 11% 11% 11% 113A *100% 101'% *100% 101 % *100% 101 Va *100'A 101 Va *100% 101 Va 1003A 10 110 110% 108 109% 109 109 Va 1 20 20 V* 20 20% 20 20 % '80 110 19% *80 111 20 83 110% 113 19% 20 *80 Sales f#» ♦he Week 16 pfd_100 100 3A r 14% t per share *153A 40% 8% 41 500 23% 23% Jan. 17 13% < 14% Wednesday 1 per share 13% '15% 106% HIGH Jan. 16 1 per share 12% 12% AND Tuesday . Jan.15 8% 100 23,000 22% 87 23% preferred 1,000 22% 87 14% ' 2,700 13,800 29 22 23 % common 312,400 55% 87 Satarday com 10 9% 9 33% '23 STOCK J) 300 87 * 22% 22 5 (J 180 8,300 34 Vs 9 Vs 34 14% 100 100% 185% '86% 10 V —1 66 '184% 1 common 5,000 66% 100% 184% 26% 55% ,29% 101 67% 66 31% % 30 100% 183% 184 *153% 154% 32% 26»/e 182% 9 V. 32'A % 5 preferred England Elec System 4 %% 154% 9% 54% Inc Newport '* 32% '29% Co New Jersey Pr & Lt Co 4% Newmont Mining Corp 20% Nov 22 68 V. 182 9'A 26 Vs *100% 100% 68 Va 66% 101% 32 Va '9% 32 100 3%% 13% Mar 23 5 '100% 68 * preferred Co 7,700 11% 1 Newberry 39,700 10% \ Pa com Fibre Inc 370 46 14 10 Corp Bros 45% 11% Par Neisner 45% Vs 10% No par new YORK 9 24,200 184 8% 11 % No par $ per share Nehl 45% 46 183% 8% 183 14 EXCHANGE 10 8 17% 18 10% 1 Co NEW 17% Feb 17% 18 No par Tea Vulcanized 12% F/;b 28 • 182 'A 182 44 V* No par ' 10 Co (The) preferred 4%'A Highest Apr 9% 65 193/s 34 8 5 Corp.* National Supply Year 1950 • t per share 13% Mar Jun 19% 34% 960 3,900 9,860 10,100 4,200 17% 19% 34 STOCKS Range for 9% 17% 19% 35 8'A Corp Highest 12% 18 19 Vs 153 Sugar Year 1949 Lowest 17% 19% 153 Range for Previous •- 18 155 National July 13 17% 19 V. '153 29% Oct 12% 17% 6% preferred B —100 National Linen Service Corp 1 Natl Malleable & Steel Cast—No par Natl Power & Lt ex-dlst No par National :6hares *34% 19% 182 Steel 7 13 182 10% July 13 Apr 35% 12% 183 15% Apr 27 71% Apr 4 jan 34% 12% 183 National 9 35 12% 100 53% Nov 27 Mar 22 34% 12% 44% No par common 26 Deo 13 % 34% 12'A 44% 10 preferred A 23% Dec , Co 28 ■ 13 33% 12% 35 Stores preferred National 13 »/a 33% 19% ' No par Prod 22% Jun 29 35% Mar 31 19% May 86 28% 4 Jan x% Dec H Jan 26 11 7% Jan 18 102 34% 182 National Gypsum Co com 7 35 57% " 34% 1 Dairy Products 178 56% 35 34% Co Nov Sep 193/4 57% '181% Cylinder Gas Co 22% May 31 20 Vs 56% 1 Container National July 17 19% 58% 1 National City 20 Vs 57% 8 Vs . National 67/a Jun 19% 58% No par RegisterLines Inc 15 Dec Jun Corp Cash 11% Oct 11 Feb Jun Feb National 20 100 preferred National Can 14% Dec 28 Dec 9% 10 5 27 15% 93A 7% 9 19% 55 10 common 10% Jun 27 21% *80 Jan 8% Apr 29 46% Nov 24 July 13 77/« July 12 17% Aug 22% Deo 19% Dee 95% Deo 38% Deo x% Jun 19% 186 19% 54 17% Fibres Inc—1 Corp Co Ja0 12 5% Mar 14 13 31 9% Jan , Jan 19% 53 V. 33% , 1 30% 19% 52Va 12% 1 Co 42,500 20 19% 52% 5 Louis—->100 " 82 t per 900 106% 10 9% 93s 10,700 *40% 40% 1,000 '105 101 Vs 11 Va *100% 113 20 Vs *80 101% 50 11% 13,200 101 Va 114 21% 3,400 14.800 82 23% Jun 35 Apr 24% Jun 26 % Mar 29 34% Oct 21 33% Jan 37 37 Vs 37% 33 36% 37% 37% 38 37 37% 39% Oct 31 Vu 3 36% Jun 17 New 13% York Air No par 38% 39 393/s 40 40% 39% 40 3A 40 40 3/4 40 3 38% 39 Jan 24% July 11% Jan Newport News Ship & Dry Dock—1 9% 21% Dec 21 New York Central No par 24% 24% 24 25 Vs 26% 25 26% 25 Vs 25% 24% 25% 3 25'A 188% Oct 3 NY com—100 205'A 208 % 199 201% 196 200% 197% 199% 197% 204% 7,900 5% 43,500 56 Jun 117% Jun 102% Deo 90 July Deo 128 Jun 29 152 Oct 4 19 Jun 6 28% Mar 29 42 Nov 21 Jun 20% Jun 48 Feb 61 Dec 56 205 Jan Dec 26 250 Mar 200 Dec 13 5% "14% Jan 30 Dec 13 Vu Jan & St Louis 30 6% : 100 NY City Omnibus Corp No par New York No par 73% Nov 21 $5 Dock non-cum common preferred 19 27 17% Dec 28 NY New 27 52 Dec 27 31 20% Apr 12 21% July 27 28% Apr 5 9% Jan Jun 6% Jun 33% Jan 15% 28% Jun Feb 14% Oct 19% Apr 5% 96% Nor 93 Dec 12 18% July 13 24% Dec 15 100 Feb 24 V» Mar 15 9 29 Jan Dec 14 91 Mar 29 91% Dec 22 97% Jun 85 98 6% Jun 14 Jan 21% Jun 30 Deo 47% 9 26 July 26 Dec 19 July 17 15% 16 8% 43% Jun 5 53% Mar 4 28 Jun 15% July 12 10% Jan 13 6 Feb 27 21% Feb 24 18% Dec 18 59,900 56% 13,400 stock—1 20% 21'A 21 21% 21 21% 20% 21 20% 21% 20 3A 21% 6,100 27 V2 27% 27 Va 273A 28 28% X27% 28% 27% 28% 28 2814 26,400 9b Va 9b Va' *96 % 97% 96% 96% 90 22% 22% 22 22 3 3 43.100 Corp— 8 Jun 9 1 21% 22V* 27 22% 9b % ■/* 21% 9o Va 22% 21% 22% 263A 27 88 *86 Va 88 92% *91% 92% 3.90% preferred 100 99% 99% 99% 99'A *99% 99% 99 % 99% 99 99% 99% 99% 160 1 10 V* 10 V* lOVs 10% 10 Vs 10% 10% 10% 10% 10% 10% 11% 20,200 4 35% 35% 36 Va 36% 36 36 36 36 Vs 35% 36 25 50% 50% 50% 51% 50% 52 51% 52% 51% 25 28 28 Va 27% 27% *27% 27% *27'A 27% "21V* 10 18 18% 18 Vs 18% 18% 18% 18% 18% 18% 18% 71,400 17% 17% 18 17% 18 17Vs 17 "Va 17% 18% 17 3A 18 49,200 85 83 83 333A 333/s 33% 33% 33 % 33% 33% 33 Vs 33% 9,200 34% 32% 34% 33% 34% 33 337 s 59,700 10% 28,400 Electric Norfolk North Corp Western & Adjustment North Ry com preferred American American Co Aviation Ry $3.60 14% Dec 28 26 22% Dec 28 20 32% Mar 28 Northwestern 12 Vs Jun 29 17% Dec Norwich 4.6% '83 27% - 85 50 V* *27% - 50% 28 Va " "18% 18 17% *83 10 33% 31% 32% 32 V* 33 Va 33% 10% 101/4 lOVs 10% 10 Vs 33 Va 33 % 27% 26% *86% 88 *83 267/s 85 26% *83 26% 85 *35% *83 36 51% 28 85 6,600 200 1,900 16,900 400 10 (Minn)— No par '93 No par Airlines Inc 108 93% 93 Va 93 *10734 108 108 V* 108 93 10 % 93 Va 10% 93 *107% 108 10% 93 108 10 Vs *92 '107 Va 10% 93 108 10 Vs 92 107% 92% 108 270 400 common—10 13% 13% 13 Vs 13% 13% 13% 12 % 13% 12% 13% 12% 13% 36,100 —25 20% 20% 20% 21 20% 21% 20% 20% 20% 20 Va 20% 213s 18,700 50 26 26 25 % 25% 26 26 26 26% *26 % 26% 26'A 26 % g.50 18 18 17% 17% 17% 18 17% 17% 17% 17% 17% 18 3,000 32 32% 106% 106% 33 25,200 iqcsc 106.8 107 preferred Telegraph Pharmacal »27 100 No par 27 Northwest 50 Co preferred preferred $4.80 1 Co Gas Ry Common 15Vs Jun 23 V* Jun 16 21% 97 % *91% Northern States Pwr Co Oct 96% *86% Pacific 16 96 Va 88 Central 11% Mar 25 54% 91% Natural Dec 23% 59% 91% Northern 30% 25% 57 91% Northern 12 23% 59% 26% Northern 20% Oct 36% Dec 14% Oct 25% 56 91% 28 Jun 21% 58 *86% 23 13% 22% 54 93 39% Feb 109% Dec 20 20 88 88% May 18 106% July 13 75 228 27 33% Dec Jun 75 *211 *86 Va 3 107% Sep 75 228 *91 Va 5 13 Mar 22 97% Jun 15 75 *211 88 8 15 75 215 93 17 27 140 170 *73 215 75% 228 '86% 78% Jan 9% Dec 8,500 4,700 '91'A 28 % Dec x90 V* Dec 16%' 45% 100 Feb Dec 16 *44 100 39% Deo 19% Deo 11% 16 45% 19% No par Jun 95% Dec 109% Mar 15% *44 preferred Jan Apr 16 Va 44 Va preferred 11% Feb 15% 44 149% 54% A 31 8% 16 44% 5% 149 3.40% 85 84 75 *215 53/s 149% 3.60% 75% July Jan 75 Va 230 5% 147% 19 Nopco Chemical Co 24% Dec *75 *215 5% 147 % 53 100 24 Jan 15 3/4 *44 44% 5% 146 19% preferred 39 % Nov Jan 75% 230 145% 16 15% *44 5% 147'A 53Va No par Noma 28% 75V* '211 5% 19 Vs Niagara Mhk Pwr Corp com_No par Class 16 44% 199 5% 145 6,100 52'A Gas 19 59% 20% July 11% Jan $8.75 15% '44 201 5% 144 13,200 247,500 100 Common Oct Sep Jan 8 103% Mar 20 Mar 26 31 & 6% 146 83 partlc Shipbldg Corp State Elec RR Co.100 145 Va *80 83 A series NY Y 50 Haven & Hart Preferred N Jan No par N Y & Harlem RR Co 21 5% preferred series A 246% Apr Jun 86 Co Rights — 142~ 10 Chic *80 83 % Brake Co 500 O 27% Jan 33 May 99 % Jan 110 Deo 28% July 12 104 V* Dec 95 23% May 33% Jan Dec 26% Feb 1123A Mar 21 100 14 18 3/4 Dec 17% 20 9 Jan 193A Dec 18 % Oct 20 Jun 31% Jan 91 Nov 19% July 11 90 July 8 99 For footnote# Jan see page 22. 35 Vs May 26 16 9 Jun 22 46% Dec 28 20% Dec 20 28 Jan 9 28'A Nov 22 1013A Oct 5 Ohio Edison Co common preferred preferred 3.90 Ohio Oil 8 32% 32% 100 4.40% 107% 107 Va ---100 Co -No par Okla Gas & Electric Co com new.10 4% preferred 20 Oliver Corp 4%% 47% 97% *97 47% 46 32% 97% 4 96 48 4 I063s 1 • 107 33 107% 32% 108 108 *20% 20% 19% 20 27 27 preferred—100 98 98 20% '19% A ^ /a 2b^a 9<,s 20% 20 A 98 97 97 V* 440 47% 48% 473/s 48 34 26,800 19,# 19Vs 19% 19% 19% 19% 19% SOO 2g% 28% 29 Vs 28% !9Vs 30 100 9734 g9 99 99% 98 3A v20% 20 27 98 2.900 19% 2Q ^ 20/2 20 380 97% 96% *<'« 107'A — 1 common.—, convertible '97 19% 100 1,190 Number 4979 Volume 173 . . . The Commercial and Financial Chronicle NEW Range for Year 1950 Year 1941) 0 per there Highest *> Lowest .. I per 0 per share YORK NEW # Saturday , Par t per share share Pf-h 10% Deo 10% Jan 3 15 96% Dec 95 Jan 3 113. ia% Aug 22% Jan 20% Jan 28 Jim 40 % Dec 30 11% Jun Omnibus Apr 21 Corp (The) common convertible preferred A Nov 10 20 27% Sep 22 Oppenheim July 26 42 % Jun 23 Otis 8% Outboard ' No par Elevator Marine 16% Dec 14% July 10 19 Oct 5 79 Jan 72 Jan 14 Outlet Jim <>4% Dec Aug 2 57% July 12 82 49% '79 Nov 27 Owens-Illinois 15% Jun 20% Dec 13% July 17 21 Jan 6 20 104 Feb 25 8s 2.50 Mfg , —,"*No par Co Glass Co 12.5j> AND Monday 0 per share PRICE8 12%. 12% 104% "23 33 34% 34% 20% 21 12%. Jan.17 .. 12% 12% 12% 103% 103% '24- 33 34% 34% *24 \ 12% 34% • 34 34% 34% *102Va 20% 21- 19% 20% 78 78 78 78. 78 78 X76 76 79% 80 80 82 80 81 79 81 • 20% 21 3,900 120 34 34% 34% ~ 'Shares 104 *25 34% • f 12% 12% 103 *24 33 the Week' Jan.19- 0 per share 12% 103 Sales for Friday- Jan. 18. 0 per share'' 0 per share 103% 103% Thursday Wednesday 0 per share 104 . SALE Jan. 16 0 per share . HIGH Tuesday Jan. 15 . 12% 12% 104% 104%. *23 33 34% 34% 20% 20% *76% 78% 79% 80 5 100 10 Collins 64% July .. • Jan. 13 » 19 RECORD LOW STOCK EXCHANGE Highest 79% Jul/ 6% STOCK YORK STOCKS Range for Previous Lowest (395) 7,400 20% 20% 2,400 78 78% 60 80 *75 7,000 P 101 DfC 11% Mar 7% Nov - 104% Oct 97 Jan Jan 11% Apr 1 21% Dec 10% Jan 7% Jan 3 22 14 Pabco Inc Products 4% 19 Pacific Amer Fisheries Sep 1 Pacific Coast Co 17% 100 Inc ' 17% 17% 18 18% 18 18 Va 99 99 99 98 98 17% 17% 17% 18 17% 18 9K 17% y« 17% 21 21% 22% 22 22% 21% 24 22 24 61% *60 *17 % 5 10 common 17% 99 No par com nreferred— conv cum 20 30% July 26 35% Jun 13 Pacific Gas Jan 48 55% Mar 10 Pacific Lighting Corp 48 18 Pacific Mills No par 111% May 23 Pacific Telep & Teleg 100 —100 103% *147'/a 27 V. Jun 89 Feb 34% July 104% Dec 135 Jan. 148 2% Jun 29% Jun 28% Apr 98% July 13 2% Jun Jan Oct 44 29 28 Electric Sep 7 53 Jan 36 Dec 152 142% July 21 Dec 4% 3 preferred non-cum No par prefererd non-cum—_No par Pacific Finance Corp of & _ 26 6% Dec 18 Pacific Tin 20 Pacific Western Oct com preferred Consolidated Oil 4 8 % Dec 6 4% Jan 3% Jun 29 4% Jan 11 Packard 8 Jan 10% Apr 8 Jun 27 12% Dec 28 Pan 27% Oct 19 Pan-American Petrol & 12 Jun 22 Dec 38% Jun 104% Dec 5% Jun 8'/a Apr 17% Oct 22% 37 Aug 47'A 18% Apr Dec 95 % 17 34% Jan Oct 36 13 102 - 49% Mar 20 107 Aug 15 0% Feb 1 De- 17% Feb 28 Oct 38 1% Jun 2% Feb Jan 38% Dec 34% Jan 29 Dec 4% 28 22% Oct July 20 6 48% Nov 24 26% July 11 27 Parke *6 Jun 7% Jan 6 Dec 6 9 Nov 14% Jan 9% Jan 4 18% Dec Jan 5% Apr 17 Jan 15% Apr 8 5% Aug 15 Dec 8 19% Jan 37% Dec 31 Jan 57 Dec Davis 9'A Dec 29 Peabody 29 5% Jim Penlck 8s 13 Penney Penn 30 10 Penn-Dixie Dec 21 Penna. 16% Jun 22% *106 % Jun 9 110 Oct 30 Dec 21% Jan 6 14% Jun 41% Feb 27 27% May 24 22% Dec 20 20 64 % Nov 13% Nov 17% Jan 32 45% Nov Jun 29 Jan 96% Feb 37% Dec Dec 137 30 Va Aug 22 107 July 14 10% Jun 29 13 Dec *8 Nov 12 Apr 21 Mar 35 Dec 28 July 13 102 Jan 108 Dec 103 July 12 7% May 9% Jun 13% Nov 7% July 12 11% Jan 13 36% Feb 139 27 6 May 19 20% Dec 12 Mar 22 4 37% Feb 6 Jan 6 107 17% Nov 24 Dec 18 25 40% Jun 57% Dec 51% Jan 25 85% Dec 28 36% Jun 53 % Jan 44% Mar 27 66% Dec 29 58 Oct 56 62% Dec 14 18 *48% Mar Jan 5 Jun 8 20% Jan 24% Nov 23% July 20 27% May 26 23 y« Jun 26% May 23% July 18 26% Mar 17 98 105 Apr 117 Sep 112 Dec 28 116% Mar 23 Jan 110% 104% Dec 102% Oct 23 106% Jun Apr 110% Sep 105% Oct 20 110% Feb 9 24 Coke Corp Cement 33% 32% 33% 33 33% 32% 50% 50% X49% 50% 50 50% 50'/. 50% 3,300 46% 47% 46% 46Vi 46% 461/2 46% 5,200 103% 103% 103% 103% 104% 104% 104% 104% 104% 148 148 '/a 1491% 148% 148% 148 149 148% 1491/a 6'/a 5% 6 Va 5% 46% 48 % 48'A 0 per share Jun Jan 0 per share 15 23 V4 Dec Dec 79 % Nov 88% Feb 84% Jan 37% Jan 55% Dec 46 93 Va 105 Dec Dec 14 Dec Apr 10% Feb 87% Aug 95 61% Jun 64 7% Sep 11 Jun 32% Aug H6 July 17 102% July 17 100 Va Oct 30 Jan 14 Va Mar 4 Jan 94 Dec 105% 100% Apr Jun 11 Jan 14% Mar 79 Jun 88 24% Jun 10% Jun Jan 142 156% Jun 28% Jun 6% Jun 8 97 Dec 8 80% Dec 29 9 Va Mar 31 28 % Dec 4 101 % Dec 4 27 97 Feb 17 4% 4% 4% 4% 4% 4% 5 188,200 11% 11% 11% 11% 11% 11% 12 73,100 9 26 110 Oct 5 155 Mar 21 Jan Dec -30% July 17 Jan 7 140 64% Nov 88 Jan 71 14% Jun 135% Dec Mar 30 40% Oct 7 9% Dec 21 18 % Dec 6 July 17 195 Nov 22 Jan 125 Nov 24 10% July 17 3 61% July 25 76% Nov 27 Dec 30 Dec 19% Jun 30 32 Feb 135% Jan 13 145 Apr 19 14 July 28 May 16 31% Dec 30 Phoenix $4 Pitts 21% 52 21% 21% 21% 21% 21% 21% 21% 21% 21% 22 Va 46,200 51% 57 56 57 55% 55% 55 55 X54 % 54Va 2,500 3% 4 4 4 3% 9% Sep 20 12% Apr lo Apr 38% Feb 14 54% Oct 7 Mar 44% Sep 38% Jan 16 52% Nov 22 Jun 13% Oct 11% Jun 27 18 Va Dec Poor Apr 15% Nov Jan 12% Dec 15 8% 32 Oct 7% Mar 23 27 56 14% Jun 22 Feb July 3 C Mar 22 13% Jun 27 Dec 90 V2 Mar 4 21% Jun 79% Jan 30 80 24% July 12 8 115% Nov 85 20 Va Jan 25% Dec 25% Jun 29 Va Dec *103 % Nov 105% Dec 30% Feb 37 Apr Dec 20% Dec 14 19 16% Mar 8 29 Procter 1 8% 8% 18% 19% 18% 38 % 26% Feb 23 8 conv & Publlcker $4.75 2 19 »A 13,800 18,800 1,300 9% 9% 9% 9% 9% 9% 24% 23% 24% 23 Va 24% 23% 24% 39 38% 39 38% 39 39 39 2,300 10 '■ 9,200 26 25% 6,200 *23 i 26% • 25% 25% 25'A ' *108% *108% 110 25 Va 25% 24'A 25% 110 25% 25 Va 54 33% 117% 54 22% 10% 11 Va 24% 26 Va 25% 200 110 247/a 25% 24%' 25Va 54% 55 17,400 25 25% 26% 54 54'/a 54% 55 33% 33% *33% 34% *33% 34% 117% 118% 119% 113% 119% 120% 118 23 11 ♦108% 110 25% 117'A 22 25 % 25 23 23 23% *108% 110 54'/a *33% 116% *21 24'/a *108% 34% 25% 54 33% 24 11% - 23 24 24 11% 11 11% 12% •; 2,200 200 2,700 23 23 23 142,000 ., 1,100 ' 12% 12% 462,900 com RR *108 TOO $1.40 18 30 Va Feb 27 107% Mar 9 48% Nov 13 48% Dec 30 Pure 109% Jan 10 Oil 19% 20 Va 19% 19% 5,800 19% 19% 19% 19% 20 19% 19% 7,400 18% 1,700 19% 19 Va 19% 83% 67% 83% 84 Va 84 % 85 84% 83 % 88 91 66% 67% 6 8'A 67 Va 69% 68% 69% 67Va 68% 59% 60 59 59 58% 59 59% 60 60 601/4 730 26% 26% 26% 26% 26% 26% 26% 26% 2SV2 26% 9,500 25% 25% 25% 27 Va 25 »/a 25 >/a 25% 25 Va *25Va 26 1,100 114% 114% 114 % 114 50 6.000 114'A *114 105 *104 104%' *104 104% 108 Va. * 108 '/a v *■. * 107 % 114 114% *103'A *107% 107 % 108 % 114% '• *103% * 105 *107% 108%- V 114 *103%, 105 108 Va ♦107% '• ''-V \-v« • I \ ' Monday Jan. 15 16'A 22% 23 *90 92 50% 120 20 , • 0 per share 16% u Y . I6V2 AND HIGH Tuesday Jan. 16 0 per share 16% SALE PRICES Friday Sales for Jan.18 Jan. 19 the Week < per share 0 per share Thursday Wednesday Jan. 17 I per share 16% 16% 16% 13% 17% 17 22% 23% 23 23% 36,300 33,100 23% 23 23'/a 92 91% 92 91% 91% 92 92 92 92% 330 50 50% 50% 51% 50% 51% 50% 50% 32,900 % 50'/a *107'A 108% 107% 107 Va *105 108% *105 108% *102% 104% *102% 104% *102% 104% *102% 104% 49% Shares 11 % 23% 22% *17% 19 *95% 97 *17% *95 Va 19 97 108% 104% *17% 19 *17% 19 96 *94% 96 200 19 *17% *94%. 1.00 104% *105 *94% 96 80% 79% 80% 79% 83% 81% 83 Va 81 82% *13% 14% *13% 14% *13% 14% 13% 15 15 15 *32 Va 32% 32% 32% 31% 32 32% 33 33% 33% 102% 103 104 *103% 79 *103 16% *108 104 167/a 120 *103 16% *108 104 16% 120 16% *108 *103 16% 16% *108 120 800 1,200 40 16% 16% 16% *108 120 39,100 104 1,700 120 19% 19% 19% 19% 19% 19% 2OV4 19% 20Va 94% *93% 94% *92% 94% *92% 941% *92% 94% 39% 39% 39% 40% 40'A 40% 40% 40% 18% 18% *150 *173 38% 9% 22% ; 18,700 ' 155 177 18% 18 13% 18% 39% 18% *150 155 *150 *173 177 173 38% 38% 9% 9% 24% 24% *192 200 129% 130% 83 83 31'A 31% *140 144 28% 29 11% 11% 52% 53% *50% 40 38% 9% 26% 210 210 129 130% 84 31 144 84 31% 144 38 97/a 26% 40 18% 18% 155 *150 160 *155 173 38% 173 173 173 173 *172 175 10% 27% 38 Va 9% 26% 38% 38% 10% 10 30 .< 225 129 130 Xl03 % 108% 32 86% 32% 144 87% 28 *210 *204 108% 93 92 5,800 4,200 10 160 225 ♦140 18% 18% 18% 155 ♦215 85 18% 18% 155 2,400 1 80 39 38% 38% 10% 10 10% 35,000 28 ft 104,700 26% 291/4 ♦220 225 110 * 111% 108% 95 31 31 31 147 ♦140 147 *140 11,250 910 30% 30% 31 *140 100 225 95 98 7,200 2,500 20 147 28% 29% 29% 30% 29% 30% 29% 30% 29% 30% 7,600 11'A 11'A 11% 11% 11% 11% *11% 11% *11% 11% 500 19,900 53 *51 52 18 Va 18 Va 55% 52 18% 55% *51 18% 56% 55 57 57 58 56% 57% 52 52 52 52% 52% 52% 52% 8QP 19% 18% 19% 19 Va 19% 19% 19% 12,400 13% 13% 13% 5,700 16% 101,700 13% 13% 13% 13% 13% 1 13% 14 13% 14 137/a 15% 14% 16% 15V4 37 79 24% 37 37'A 37% 38 39% 40 41% 41 41 '/a 40% 40% 79 77% 78% 77% 78% 77% 78 77% 18 Va 77% 77% 3,800 26% 26% 26% 25% 26% 25% 26'/a 25% 25% 43,600 91 90 90% 90'A 90'A 90% 90% 91% 91% 27% 27 Va 27% 27% 28 27% 21 Va 27% 28 7,400 28% 29 6,200 Industries Inc 10 No par com 5 No par preferred 10 Colo of Indiana—No par 100 100 Co No par com—No par 100 preferred No par Inc (The) No par 100 No par common 34% Jan 30 Purity Bakeries Corp 15% Jul 20% Jan 18% Jan 4 24% Nov 24 Quaker State Oil Refining Corp—10 9% Jun 14% 12% Jan 3 23% Apr 18 66% Jun 74%, Jan America com__No par $3.50 1st preferred No par RKO Pictures Corp 1 conv 19% 18% 19 Va 1 25 Va July 18 5% 30 18 Va 18% 42 *93% No par div preference 4.08% 105'A 39% 100 10 preferred preferred Pullman 41% 105'A *105 94% *19% *92'/a Co com__No par Pub Serv El 8s Gas com 30 39% 106% 38% 105% 83 Va 50% *105 108% *102% 104% *17% 19 *95Va 97 79% 79% *13'/a 14% 31% 31% *103 104 % 16% 16% No par 100 No par 5 25 No par 2 38% *105% 38 *105 LOW 16% 22% *90 38'A 37% 105'A 18 Va $ per share 1 3 38'A 105% 37% 105% Saturday Jan. 13 26% Feb 27 106% Dec 26 Oct 18% 24% July 33% 109 19% 26% 30% Dec Jan 18% 24% Jun Jun 9,500 18% 9,100 26% 25% 24% 107 . > Gamble Serv 4.64% 3Va% Oct 23% Dec 8% preferred series A__50 cum 31% Jun 103 8% 13% Public 14 28 8% 24% B 30 Apr 8% 38% 9% 24 38 18% 31% 23% 9% 9% 23% 19 31% 8'A 8 8% 9,900 *31% 26% Pocahontas Public Serv Co of Apr 90% Jun 31% 26% 5 28% May 31 123 31% 42% *24% Pressed Steel Car Co Inc com 4Va% Nov 32 Va 40% 14% Electric Power Co Potomac 19 91 32 41% 31% 41 26% Forgings Co——.—1 Wayne & Chic Ry com—100 Co class 8s 19 25% Nov 24 42 7% 1 100 STOCK Louis St & C Creek Dec 71 Va Dec 41% 26Va Plymouth Oil Co 13% Dec 38 42% 2,800 preferred Pond Jun 41% 4 14'A No par No par 100 100 100 Pittsburgh & West Virginia 109 Pittsburgh Young 8s Ash pfd—100 Pittston Co (The) 1 Plough Inc 5 Nov Mar 3% 14 gtd preferred Pittsburgh Plate Glass Co Pittsburgh Screw 8s Bolt Pittsburgh Steel Co com 7% preferred class B 5% preferred class A 5Va% 1st series prior pfd 12% 4% 4 32% *32 7% 19 % 9% 24 38 3% 42% 41% 41% 4 Va 14 7% 50% 21 32,000 14 Hosiery Pitts Ft Feb 12% 9'/a 8%, 14% $5 Feb 19 9Va 14 Pitney-Bowes Inc 8% 8% 8% 14 Pillsbury Mills Inc comipon 36 % j2 9JA 8% 14 Pittsburgh 174 8% 8% 14% 21 1 180 9 8% 9,200 14% 29 Mar 22 44% 104% 5,800 Dec Mar 43% *103% 71% 25 Va Nov 148 44% 104V2 70% convertible preferred No par Pitts Consolidation Coal Co 1 163 43% 103% 71% Co Phillips Jones Corp 5% preferred Phillips Petroleum Pitts Coke & Chem Nov 500 28 *26% 27. 44% 103'A 71 preferred series A 100 Philip Morris & Co Ltd common—5 4% preferred 100 3.90% series preferred 100 17 40 27 27 42% 103'A 43% 104 9 26% 104 43 103 72'A 3%% 22 3 27 .*25% 43% 42% 103 71% Corp common new Oct 14% July 17 Dec Philco Nov May Jun Jun 17% Sep 27 *25% 72% Reading Coal 8s Iron 21 175 *19% 106 Phlla & 96 24% July 29 24 34 % Mar 23 4,100 4% 11% 72 Par Mar 17 Jan 25% 16 % Apr 8% 8% 4% 11% 73 Corp new— YORK 11% July 14 Jan 147 9 27 16% 8% 21 57% Jan Apr 135 103% Dec 91% Aug 32 37% 14 Feb 86 170 23 Dec 107 20 Dec 155 587/a Oct 3 3 Jan 15% Dec 100% 96% May 1 8% , 9,200 72 0 per share 16% Nov 22 8% 8% 340 51% 50% 72'A EXCHANGE 18 51% 14,700 38 STOCKS NEW 11% Apr 8 Va 8% 8% 51 51% 1,330 6 5% 4% 4 4 ' Range for Year 1950 Highest Sper share 19% 48% 6 5% 6 11 Va . Lowest 20 11% 49 46 — Range for Previous Highest 8% *8% 1 Year 1949 33Va 1,100 16,800 72 14% ' Lowest 17% 33 5% *24% 25 5% preferred *108% 110 Penn Power & Light Co No par 25 25% Pennsylvania RR 50 24% 24% Pennsylvania Salt Mfg Co 10 53 % 54 Peoples Drug Stores Inc— 5 *32% 33% Peoples Gas Light & Coke 100 117 117 Peoria & Eastern Ry Co —100 *21 22 % Pepsi-Cola Co 33VaC * 10% 10% Pet Milk Co common No par 37 37% 4 Va % preferred 100 *105 105'A Petroleum Corp of America 5 18% 18Va Pfeiffer Brewing Co 5 19 Va 19'/a Pfizer (Chas) & Co Inc 1 83 Va 83% Phelps-Dodge Corp 25 66% 66% Philadelphia Co 6% preferred 50 60 60 Phila Electric Co common—No par 26% 27 $1 conv preference com No par 25 25 4.4% preferred —J 100 *114 114% 3.8% preferred i 100 * 103% 105 4.3% preferred 100 *107% 109% Sand Glass 39 17% 7 Ford Feb 39 17% No par _10 (J C) Co & 39% 17% No par 38 Va Mar 17 Mar 111 5 25 Coal Co common prior preferred 22 29 5 conv Coal 7% 19 Va 9% 23% No par 660 39% 17% 47% *147'A 32% *32 190 61% ♦59% 40 17% 51% 4 41% 4,410 33% 42% 4 2.50 Co 18 13% Dec Dec Proof ,-1 No par Co Transportation Patino Mines & Enterprises 28 7% Apr Feb 26% Corp Mines—1 1,500 22 6,600 103 % 104 21% 50 '/a 1 Corp Parmelee 6 10% Feb & Rust Parker 18% Dec Jun 106 Pictures 190 17% 22 61 Va *59 18% 99 Va 50 27 42% *103 8% 18 99 *17% 17% 46 Va 11% *25 5 1 Refining— Consolidated Utah 18% July 26 7% & 70% Nov 53% Apr 25 17% Transp 23% Dec July 31 27% 42 Va 1 Inc Tilford Distillers Park &s 22 33% Aug 22 9% Jan 20 23% Mar Airways 100 Prod Paramount Park 46 Va Jun 16 No par . preferred Panhandle Dec 4 10 Car World Amer 47 % 8'/a 4% 11% 10 com preferred Motor 6 Panhandle East Pipe L com__No par 9 8% Dec 1% Mar 21 24% Mar _1 Corp Corp 8'/a Dec 3% Jun 4% 33 51% 46% 103% 148 6% 47 % 8'/a 4% Sep 54 July 26 61% *39 33 % 34 Jun 60 *59 17% 50 % 46% Jan 30% 61% 40 33% 4 1st 17% 25 27 Feb 2nd 39% No par Sep 23 July 12 17% Calif—1_10 27 43 15 % July 27 40 40 *60 65% Sep 27% July 11 71 Feb , 17% 61 39% 17 Va 49 Sep Aug 18 18% 99 39% *59 38 % *17% Apr Jan 21% Nov 51 29 18 *97 preferred *90 27% 29 24% 24% *90 91 27% 27'A 29 29 'A 118'A *117'A 118% *87 88 22% 26'/a 45% 22% 23 45 Va *87 26% *104% 105% 47 % 47 % 107 107'A *30 % 31 25 13% 13% 15% 28% 29 Va 118% 118 118 *117% 118% 118% 88% 88 88 88 Va 88% 88% 88% 88% 23 22% 23 22% 23 22% 22% 26% 26 Va 26% 29 28 Va 29 Va 28% 118 29 "A 118 118% 2,900 270 200 89% 460 22% 23 Va 21.100 26% 26% 12,400 , 26 Va 26% 26 Va 26% 26% *104% 105% *104% 105% *104% 105% 45% 46% 46 Va 46% 46% 47% 46% 47% 46 Va 47% 9,700 x48 % *106% 107% 48% 49 48% 49% 48% 49% 109 48'A 48% 30,000 108'A 108'A 1,400 *30% 31% ♦30% 26 25% 25% 17/8 78 3A 18 78% 3 fa - 47 Va 31 31 107% 107% 30% 31 Va 107% 107% 30% *25 31 Va *24% 25 Va *24% 25 Va 17% 17Va 17% 17% 18% 77% 3% 17% 78% 3% 17% 78 79 4 4 4'/g 102'/a 103 35 35 78% 3% 78% 3% 4'/a 25 16% 105 108 105 105% -106 • 31 50 1,000 25% 400 17% 17% 161,000 78 78 25 R Jan 73% Jan 13 80 Nov 25 Radio Corp of RKO Jan 101% (Dec 100 23% Jun 29% Dec 27 92% For footnotes see page 22. Feb 3 July 13 Theatres Corp IO31/2 Jan 10 Ralston Purina Co 3%% Nov 16 Raybestos-Manhattan 35 pfd 1 100 No par 17% *77% 4 4 *102 *341/2 4 4 103 35 78 4 4 414 *102'/a 103 34 % 34 'A 4 *102 103 4 *102 35 35 35 4'/a 103 35'A 3% 4'A 2,500 45,200 4 4% 74,200 *102 102% *34% 35 130 1,200 20 (396) The Commercial and Financial Chronicle new Range for Previous stock Range for Year 1950 Lowest Highest NEW Highest YORK Saturday EXCHANGE t $ per share perthare $ per thare 21% Jun 30% Feb x24% Jan 25 49% Dec 21 26% Jun 34% Feb 30% Jan 13 36'/a Dec Par r 30 Rayonler Inc $2 17% Jun 23% Jan 20% Jun 29 28% Dec 30 34 % Nov 43 Jan 35 Jun 19 39% Feb 9 4% 28% Jun 36 Jan 30 July 34% Mar 22 i% 10% Jan 13% > Apr 3 10% Jun 16% Nov 30 Reading 18 15 % Nov 23% Jan 15 July 17 18% Dec Jan 16% Oct 12% Mar 30 20% Dec 19 4% Jan Jun 9% 7 22 Jan 27 Jan 6% Dec 6% Jun 18% 8 Jan 6 9% Dec Silk Reed 9 28% Jun 22 July 3 12% Oct 23 Aug Aug 8% ,73 60 Nov 56 1 Apr 12% Dec 10% July 17 Nov 85 Jan 20 19% Dec 25 July 13 Jan 4% Jun 8% Jan 5% Jan 2% Jan 4% Dec 3 5% Jan 10 Dec 8% Jun 30 11% Feb Jun 27% Jan 23% Jan 13 47% Nov 20 12% 6% May 17 , 91% 10% Jun 16% 68 103% Sep 4% 34% 1 7% Nov 6 3 Dec 18 15 13% Jan 23 Dec 15 39% Jan 7 27 50 Jan 10 39% Oct Sep 39% Dec 98 150 85% Jan Aug 94% Jan 102% Jan 108% Nov 104% Dec 9 13% Jun 21% Dec 19 Jan 13 30 Dec 30 Rheem 24% Jan 42% Dec 37% Feb 14 53% Dec 30 ■t v 15% <3% 5% Jun Jan 21 12 Jan 60% Jan Jun Apr 10 % Jun 19% Nov 14% Dec 16 Jun 21% 39% Apr 61% Nov 8% Sep 12% Mar Dec 16% Jan 33% Dec 109% Apr 113% Feb 8 7ya 12% Jun Jun 43% 131% Dec Jun 100% Nov 78 6% 77 9'A Jun 87 July 27 30 26 240 Dec Jan 24 140 Oct 29 Jun 98 Apr 13 1 1 108 Oct 90 94 78 28 Jun 94% •v Jun 12% Feb. 105% Feb •-—- i04% Jan ; 914 84% Jan Mar Oct 104 101 % 961 9 Jan 7 115 16 $3.40 18 $4 27 Oct 17 Nov • 24 Mar 27 Sep 86 % Jan 5 92 Mar 13 y« Jun 21% Dec 20 Jan 3 50 Dec 47% Jun 62 Dec 60 Jan 3 91 Jan 19% Dec 16% July 26 47% Jan 25 5% Jan 11% Dec 10% Jan 33 Ye Jun 44% Dec 40 9% Jun 16% Dec 4ye Jun 6% Jan Jun 11% Dec Jun 101% Feb 16% 36% 6% 77 Jan 56 Feb Sep 213/a Feb 82 31 Lowest Range for Lowest Highest J per share $ per share Sears 31% May 24% Jun 28% Sep 27 22% Jan 38% 33 Dec 11% Apr 30 Jun 15% 40% Dec 15% Jan Dec 34 V2 Jan 7 25 34 3A Oct 3 ' 11% Oct 24 Nov HVa Dec 14 14 Va Oct Jan Oct 6% Jan 13 11 Jun 43/a Jan 27a Mar 31. May 27% Nov 24% July 12 28 Oct 363A Jan 297a Mar 21 1878 Jun 24% Sep 217/a Feb 15 Sharon 42% Nov 17 30 20% Jan 33 % Oct 18 Sinclair ' Skelly Saw Dec 287/a July 13 17% July 13 36 % May 29 Smith (A Jan 25 Jan Smith Feb (A) 76 88 12 8 10% Jun 4 14% 17% Oct 16 Feb 14 25% Nov 24 107% Dec 106 Jan 20 3% Jun 29 3 % % 227a May 26 Jun 97% July 3% Jan 100% Mar 17% Jan 88 Aug 147a Jan 3 26% 36 ya 47/a Oct Jan 10% Dec Mar 7% 40 52% Oct •73A July 25 507/a Dec 22 Feb 40 Nov 36% Jan 3 Jan 3974 Sep 28 31% Dec 6 102 Feb 23 5% Dec Jan & O) Steel 5% South Porto Rico 45 Aug 35% Nov 12 Nov 10% July 12 187a Dec 18 28% Jan 23 3A 367a Nov Jun 30% July 12 40 32% 51 Dec 49 Jun 27 25 Ya Jun 67% Dec 21 41 Jan Southern Pacific 3274 Feb 11 45% Jun 517i Dec 27 61 Jan Southern 5374 Jun 29 Railway 70 Nov 10 Va 66% — 58% Jun 28 67% Dec Jan 10% Feb 15 57a Oct 73 May — Feb 5% 13 Jan 10% July 12 •4% Jan 3 14 7i Oct 6Va —- 21 South 26 Oct 5 Apr 5 60 Jan 3 99% Dec 28 7% Oct 81 27 . 17 101% Nov 15 20% Jun 26 26 Dec Gas non-cum Mobile & Square D 3 Squibb (E. 237a 100 Feb . Apr 17% Apr 37% 107 Dec Dec 227a Nov 82 Jun 92 Dec 18% Jan 52% Dec 98% 109 20 July 13 89% Jan 47% Jan 143 Dec 121 Jan 159% Dec 136 For footnotes see 31 47/a July 13 page 22. Jan 3 July 13 July 13 40 113 Mar Nov 30 24% Oct 23 9674 May 24 107a Dec 8 7774 Mar 27 » $4 160 Mar 22 $6 174 Mar 22 $7 Gas 8% 8% 85/« 8% 387a 38% 38% 38% 32% 32% 32% 95 96 , 95% 106% *106 16% 22% 22% 22% 36% 113 ' *1123*2 *101 % m A 101% 101 101% 50 % 50 50% 49 \ 22% 55 4,200 10 3,100 36% 101 no 213A y/.A 93/4 *112 A 36% 113 *112 A 101% 5,500 36% 12,000 113 300 101 101% 1,190 50 49 49% 7,800 22% 2174 2174 24% 23% 24 63% 623/a 6274 246* 246 *957a - *240 254 *125 135 •? 135 :r 117a 254 *240 135 *125 135 12 12% *955/a 21 207a 21% 21% 38 38% 39% 397a 42 % 42 42% 41 > 102 IO71 *93% *117% 137/a - 48% 35% 96% - - 1 123 36 137a * 14 137a 87 *86% 497a 49% 79% 81 81 173A 177a 177/a 497/a 18 - 96% 42% 42% ; *953/4 21% 39% *953/4 12% 207a 21 387a 39% 63,600 43% 6,200 437a 177a 1274 94,900 96% 423A 101 101 *100 101 *100 *106 107 *106 100 7,300 101 107 107 f 35% 36 *93% 95 35% *93% *llo >14% 95 *117 14 88 14% *86% *93% 120 14% 88 3434 36 *116 14% *86% 95 50 120 14% 87% 90 537/a 54% 9,200 81 51% 52% 81 54 3/8 81 81 81 81 81 18 *18 177/a 2;5oO *86% 50% 18% so 35 A 14% 88 51% *80% , 21 38% 10 12 3A *106 93%' * 9374s *11/'/a 123 * 967/a- 21% 40% 42 5,700 133 957a 21 " 900 42,400 256 *125 957a 107 *35 *235 135 12% v ' 87 87 49 102 256 *125 12 3/4 39% 42% 1007a *106 3574%■ 79% ; * 107- r 125 ; *86 102 *106 ® 36-- 36 133A - *101% ' *235 11% 403/a 42 % *101% *22 254 *125 >'96% *957a 96% *240 y 12% 117a 96% 213/a *118 18 17% 3,800 700 18% 4,800 87 87 86% 86% 86% 87 87 87 87 19 527a , ' 2074 22% 88 21% 22 22% *86 Va 87% 21% 22% 21% 22% 22 53% *21% 527a 537a 3,900 525/8 53 52% 53 16% 16% 17 20,000 17 17 17 53% 527a 17.% 53 % 53% 17% 17 163A ■ ,17 , " 4 . >1,100 4,800 13% 13% 133/a 13% 137a 14% 13% 14% 107a 107/a 107a 107a 135/8 14% 10% 10 3A 13% 14 10% 107a 9,100 10% 11% 10 3/4 11 22,000 89 89 89 340 *87% V■ 88 *87% 877/a / 877/a LOW 39% AND Monday ' Jan. 13 88 88 HIGH SALE Tuesday 88 *88 / " PRICES Wednesday Thursday Jan. 16 Jan. 17 Friday Sales for Jan.18 Jan. 19 the Week X per share $ per share X per share I per share Jan. 15 $ perthare 9 per share 33 40% 34 34% 34% 34 35%, 34% ; 35% 34% 35% 35 34% 37% 37% 37%- 39% 3978 393/a 40% 40% 107 40% *105 39% 107 105% 11 11 Va 107/a 25% 25% 28 55 , W 56 f/2 4 *106 * *106 1074 11 11 28% 287a 557a 28 107 '357a 347a 27,800 38 18,400 39 ' 107 % 39% *105 11 *28 Shares 34 37% \ 8,200 106 10 II 11% 5,300 *28 29% 700 147a 14% 14% 56% 147a 56% 14% 29% 573A 147a 57 573A 14% *10% * 10% 14%. 10% 107a 147a 107a 147/a- 10% 14% 107a 143/4 H7a- 8,700 11% 57a 5% 11% 107/a 5% 11% 11,100 5% 574 21,500 307/a 31% 55% 56% ' „ 11,200 5% 578 53/a 57/a / *31% 31% 30% 31% 30% 31 y4 30% 31 42% 42% 42% 42 43 • 347a 35, 35% 42% 35% 42% 34% 42% 35 Va 42% 42% 42% 36 35% 1,100 36 35% 80% 85 35% 81% 76,800 78 *42 347a 78 ■ V % 77% 79'% 79% 80 32 % 32% 33 57a 53A 6 307a 31%, *31% 313A 32% 367a 36% 37Va 34% 37 34% 83% 347a 37% 36% 2074 ' 32 % 367a . 2074 20Va 20% 37% 36% 37 20 20% 19% 20% ' 20% 20 *78 80 *92 . : *78 94 80 *92 78 94 78 *92 94 *78 80 . *92 , 223A 23 % 223A 23 V4 23% 23% 23 26% 263A 26% 27 26% 27 267a *114% • . 116% 55% *115 , 116% *113 116% 5% 5% 9% 9 *51 ! 53a 9 52% H7a 113A 11% 54% *43 , 207a 21 3874 38% .. 34% 11% 207/a 3874 - *52% 34% 207a , 39% , «-ll% , 21 Va 39 5% 9% 52% *113 , 5% ,9 51% *78 94 *92 23% 2774/ 116 5 9% • 54 *43 33% 34% H3A- 11% 1174 117a 11% > 213A 117a 20% 21% 21 21%: *21 % 39% 38% 3974 687/a 67% 687a 543A 56% 69 69% 68'A 69% 3934 69% *69" 70% 70 Va 70% *69 147a 71% ■• *1478 *14% 147a *13% 14 ' 67a 6% 67/a 7% 67a 7 7% *6% 674 *63A 7% 7% 8% 77a 1 77 *72 102% 101 Va 77 , No par 78% 5 20% common—1 *38% t «108 78% 78 % 20% 20% 39 383/4 109 23% 24 Va 94 94 Va io3/4, 11 % 74% > 76% 166 - ll3/a -166 28% 28% *72 *102 77 *72 102% 337/a 500 . 11% 4,500 55,200 22 3,000 77a 69% 5,600 69 13% 13% 400 6% 67/a 32,100 69 - 46,800 57% 69% ' 14 41 69 Va 55 5/8 67% 10,700 *7% 77 *72 *102% 103 102 -28 4,900 30 8% 1,200 77 102% 1,150 28% 287a- 28 33% 34 27 3A 28 33% 337a 33 127s 12% 337a 327/a ll7/a 12 3A 33% 127a 12 3A 11,000 79% 127s 13 79% 79% 30,200 78 % 207/s 79% f» 21 ^ 39 38% 109 *108 94% 75 - f 24% 154Va - 4 77 102% 4,800 40% - 69% 7.1% - 200 54% 34% 24 . *101 Va . *13% 52% 45 127a * —94% ' 154% 154% 165 109 29 *72 — 101'A *69 500 687a 69 567a 14% *72 337a •' 40% 68% 557a . 7D% ',*101% *51% 54 45 i47a No par 27,800 54 55% 7% 9% 44 67% »6% 9 54% «68'". _ 45,600 9% 44 54% 88,000 5% 34 68 28 116% 53% - 3,100 5% 43 54" 7.* 27% 20 23% 114% 52 -'6% 4 , 94 233A 55% 67 68% ~ 80 *92 >, 347a 523/a 68% 7,300 45 67% • 3,000 6,200 20% 53A 9 53% „ 34% 36% 20% *78 28 *51 347a 4,700 114% 5% 52%, 81 *33% 23 3i 27% *113 - % 8,200 -36% V2 94 23%' 07% 683/a.,68% X803A 80 52 % 1 No par 36% l10 A 1,800 7,700 54% ;, 62 • 1 Nopar —Nopar 10 23% ,100 preferred 22% 545/8 10 22 .No par ,No par com..No par 16 7B 63% 12 Va com 16 24% 28% Co 3574 16% 61% 3374 Inc 36 75% 10674 523/4 101 7 *106 21% • 10% 3,900 106% 16% 22 % 52 1 9% 26,500 93% 22 127a Elec 217a 49% 10% 19% 3234 23% 29 & 22% 49% 5,400 19 % 64 par No par No par 16% 17,200 32 Va *92 24% v 34% 4'— 16% 800 85/8 39 22% . 12% & Sons *106 10 y 101% 34 R) 19% 94 10674 '106 16% 24 ;*233A ; 32 7/g 94 22% 36 113 101% 29 Co 187a 32% 95% 95% 49 ' 10% 35% 18 3/8 22% x22 106% 16% 49 9% • 18% 33 96 *106 16% 49 ■' 9% " 18% 32% *94 •• 106% 16% 49% 18% V' 63% 1 preference prior preferred prior 8% 38% 18% 2 $3.50 preferred Stand 24% 8% 8% 38% 17% 1 preferred Standard Brands 180 8% 8% 38% (The). $4 800 24 r 11 70 97 106% 63 ; 21% Dec Dec 43 97 106% 38% ^88% 8% *93% No par common—No par 15% July 5 29% July 26 106% Jan 25 18% \ 2,500 ' preferred *39 96% 106 % 25,700 common $4.50 42 '96 3/4 24 18% *106- Spencer Chemical Co 4.60% pfd.100 Conv ■ *1055/a 24% 5 25 41% 97% 1057a 24 par Sep 85 45 97% 105 7a 40 3,500 22,000 24% ,, Jun *41 97% 106 24- - Co—,.7.50 13 Vb 343/4 ••24% 56 - 34% 24% *24% 45 Spencer Kellogg & Sons 34% 28% 34% Sperry Corp Spiegel Inc 34% 56% 543A 28 3478 28 *423A 18 34% 45 *90% 9,800 v . /' 55 55 % 28. 34% '113/8 553A 44% 137a Dec 40 3A 146 11% 285A 34% 33% Dec 407a 146 11 28% 34 % 3 40% 148% 103/4 54% *42% 8% Mar 30 66% Aug 1 40 *144 10% 283A ; 257a Jan Apr 40% 144 10 3/4 55 : 10% Mar 40 144 53 25 29% Mar 40% 500 2874 —_25 71% ' 92,700 28% 52% Jun Jun 19,100 774 54% *51 7 Jan 6% 307/s 7% 8 53% ' 64 223A 118% 3C% 31% 28% 5% Inc 118% 118 28% .9% ctfs 65,100 54% 5% tr 45% 62 % > Co stk 5.3G0 44% 11% 20% preferred——.100 Ohio 10% 53 Elec„No & 93A 77a 3A 28% * .8% Gas 30 3/a 77/a 377a 100 (The) - Natural 118 31% 7% 147 105% - 11,600 93A 453/a 93/4 22% 10 Spalding (A G) &• Bros Sparks Withington Co Spear & Co common $5.50 preferred 6 Oct Co Indiana Southern 26 Feb - Dec Southern May 25 Apr 11 1374 Jun S% May 37b July 63% 13% Mar 16 97% 43,300 4% 62'3A ,100 8% preferred —i Southern California Edison 118% 30% 7% 34% 106% 10,800 155/8 23% - Co com__20 Sugar com.No Jan Sep 1 97% 20 V2 37/s 23 - 20 & Platinum 118% 31 *41 38% ll3A Carolina E & G Co com.4.50 preferred —u r_50 10 y4 56 Iron 44 11 45 106% 97% 106 10 45% 118% *143 - -• 20 157a 4 62%! —25 — South Amer Gold South 12 *43 347a preferred 29% Dec 45 10 44% 39% \ - 13% 3% 10% 7 40% 143 . 20% 15% 50 No par & 7% 34% "34% ' 337a Corp 30 Feb 30% *125 Smith & Corona Typewriters.No par Socony Vacuum Oil'Co Inc 15 Solvay American Corp 4% pfd—100 53% Apr 14 55% Dec 30 45 30% 7 39'A 19% . 4 51,700 93% 21% ; No par & Sons Cpt 28 36% Jun 30% 7% 33 Va Co Corp—i preferred 4.20% 118% May 24 11 Pen Co Sloss-Sheffield Steel 88% Jan 30% 19%. 15% 3% 10 157/8 *90 15 45% • 155/8 93 50 - No par Oil 33% 95% 118'% 34% Oil 31% Mar 119% 15% *90 1,800 65 22% No par Co Nov • *117% 55 % 83% May 28 119% 55% 2iy8 Dec 44% 153A *62 r 49 Oil Jun . 447/a 24% 19 3 437/a 243A Jun Dec 44% 65 19 % 4 10 1 16% 22% 10 11% Simonds 30 Dec 10 11 Simmons 10 347a Dec 75 15% 3% Corp —15 Sheller Mfg Corp___ ; 1 Sheraton Corp of America 1 Silver King Coalition Mines—__5 3 52% July 13 15% No par Shell 29 Oct 19% 3% **105 A) 93% 16% No par (W *89% 20% No par new *89% 4 1 common 16% 93% 34% %•'" preferred (Frank G) Sheaffer 26 35 Corp 15% *89 Saturday Gas *62% 16% 11 f cum Shattuck 10 Dec & Steel $4.25 2 47/a Dec Oil Sharp & Dohme 56% Oct 23 5 22 Shamrock 63% 63% 15% 22% Par 30 2% "7 STOCK 63% *61% 15% 50% —_1 YORK 63% \ 15% 3% 17% EXCHANGE 463A Aug 28 108 7A Apr 6 14 83A July 12 Oct Highest 33% Dec July 25 105% Feb NEW 4,530 22 % —No par $ per share 27 10% Year 1950 (300 12/8 50 > 1 ■' 26 3/a 12 *22' No par STOCKS 11% .*26% 12% - 5 preferred 11% 2G% 12% *11 ■/ No par Servel Inc common 11% 26% 12% 15% 101% 1 Seeger Refrigerator Co Seiberling Rubber Co, 117a 26% 12% - 20 *112A —100 Co 11% 26% 12% 15% 36 * 100 ; 10% 26 12% 20 9% 5 A 10% 26 : 93% 20% 22 *48%' vtc—No par series & *61% 15% *93 , No par No par com ** 12% 18%' <" _5 Roebuck 63 16% par com 11% 26 12% 93% *106 No par (The) 11% *25% v 12% 32% 100 Seagrave Corp ■ Jun Jun preferred 11% 26 8% 37%' : 1 vtc _A_ Line 27 $ per share 24 ya 8% Air • Year 1949 5% common Co 24 Range for Previous 3,600 11 1 preferred $4.50 2,100 20 143 1 10 14% May 31 98% May 17 29 19 19% 97% 5 Seaboard Finance Co Seaboard Oil Co of Del May 11 19 20% 10 5 May 20 133/a Nov 30 6 Dec Elec 3.35% 20 3 8% Nov 88 A preferred 17 3A Dec Nov 19 20 24% -24% Mfg Co common— 25 3.65% preferred AIf-100 4.30% preferred x 100 Seaboard 2 19 20 106 .—No par preferred 5% 19% 19% 34% __100 common., series 55 July 17 14 Va July 28 5% Jan 2 22 18% 11% t Scovill Scranton 83% Nov 20 83 19 20% *41 Arms Corp 5 Schenley Industries Inc———1.40 Sep 21 112% Sep 33% Dec 18% 19% 148% * Savage 127a July 12 Jan 14 6 30 18% 20 11 20 , 1,500 18% 19% *143% . Inc 4,900 19 40% Corp„_No par Works 52 19% 7 - Ry Co com vtc__ No par Paper Co 17% 30% Ry Co...100 non-cum preferred 100 Regis Paper Co common 5 pfd 4.40% series A 100 Scott 500 17% 38% 1st 47% Nov 25 34% 17% ■' 5% St 4 34% *16% *118 . Louis Southwestern 20% May 24 397/a Dec 20 20 Jun Oct 35% 17% 44% 1 _— Stores Preferred *35% 15% 15% 10 par — Joseph Light & Power Co.No St 700 35% 16% 28'A common (The) preferred St L San F 8 41 15% .100 21 96 6 127/a Jan 21 62% Dec 77a July 13 85 Nov *103 ya July 24% Dec 40% ' 19% .100 St 40% 53% —j. 3 12% Dec 98 Jan May 38 y4 Aug ' 9 40% 35% 40% 35% 28'A preferred —i St Joseph Lead Co.^ Nov 20 Jan 128 13% Dec Jun 5% 40% 53 4% 23% Oct 7 287a Sep 9% 55 Mar 24 El & Co (Jacob) Safeway 7 28 97/a Jun Dec Jun Mar 997/a Dec 42 % Jun Jan 31 87 Ruppert 41 *34 *3% - 20 Controls Metal Reaeroid Co 39% Nov 24 114 Art *39% 40 :■ Royal Typewriter May 11 12% Apr 1 22 18% Dec 28 Gas 8.100 ; Inc Haas 31% 1 preferred series A Ronson 1 Feb & 4% 61 19 34 Rochester 23 267a July 12 48% Jan 27 19% Feb July 13 997a Dec 35 y« May Robbins Rohm 30% No par Corp, Robertshaw-Fulton 19 xll0% Jun Manufacturing Co.. 30 May 12 31% 15% ^.100 22 107 31 *89 100 series 31% Dec Mar 17 July 13 43% July 28 ' series Company No Roan Antelope Copper Mines 107% Nov 27 18 102 Dec 105 l,c00 31% *61% ' 10 4.50% Mills 36% 30% 15% 1 Ritter 14 36% 31% 11% 100 3.60% Dec 36 13 36 86% preferred Tob class B 23% Jun 13 36% 30% 12" 10 Oil 30% 15% 1C Preferred 11 8% Nov July 13 Dec Jun preferred — . 30% 15% 1 Preferred 2 24% Dec 19% Mar 24 Dec 68% Mar 7% Dec 12% 28 15 Y 99% Mar 31 108% Jun 15% July 13 3 4% Jan Jan 21 Jun 5 (R J) Richfield . 30% 40% 1 convertible Common 36% *25% 50c Reynolds Spring Co Reynolds 51 36% 35'% Steel 5%'h 52 *36% 35% ; Corp com No par 6% conv prior pfd series A..100 Revere Copper & Brass com-No par Rexall Drug Inc.— 2.50 Reynolds Metals Co com No par 24 ,43% Dec Inc convertible Republic 32% Nov 24 3 13 Jan $1 30 8% Dec 100 Feb 50 Jan Republic Aviation Corp Republic Pictures common July 13 32 42 % Mar 30 117% Dec 13 20% Jan Dec 10 Jun 5 Dec Jan 23 Jan 14% Jan Jan 6Va 4% Aug Jun 18'/a 103 Jan 110 Jun Reo 28 5% Jan Motors x51% 19 25c 16% Dec Shares 53 36% 19% Stores preferred 50 51% 36% *39% div $4.50 50 51% 36% 35% 50c 27 the Week 36% Co— prior preference 10 Corp No par Mfg Co common 5 Conv pfd 3%% series —100 Remington-Rand common 50c 93% Aug 22 13 10% Jan Sales for Jan.19 X per share 50% *15% Reliance 14% Feb 20 90 $1.2* Friday Jan. 18 t per share 36% 35% No par Inc & Thursday X per share Jan. 1 i $ per share 51% *39% , 5 Bit Co Bros (Robt) Reliable 62% May 15 Jun 50 preferred—50 Mills t per thare 30% preferred-—50 2nd Hosiery Roller Reeves 16 Feb * 1st PRICES Wednesday 50% 50 common non-cum Reis : Co SALE Jan. 1« 36% _ 25 non-cum Real 21 11% 1 common preferred HIGH Tuesday ' Jan. 15 t per thare „/• AND Monday Jan. 13 _ 9 per thare LOW - STOCK Monday, January 22, 1951 , . record STOCKS Year 1949 Lowest york . 11% 76% 154% 166% 21% 39 % 109 % 24% s' 24% 94 Va > • 9474 11V2 75% *154 165% 11% 21 2174 38% 39 *108 24 *94% 11 110 109 797a 79 , 109 243/a 25 9474- 9474- 117a- 76 74 154 154 164% 164% 75% 11% 74 *151 164 12 79% 250 217a 14,400 38 Va 38% 2,200 *109 24 3A -- l;700 21% 21% 39 95 157 166 79% 21% *3874 f 24% - 75% 109% il % 737a 170 25 -*94 Va¬ -94% 19,800 - "210 ,12 % 65,400 75% 16,200 152%k 151% 153 4,600 164% 164 164'A 1,600 Volume 173 Number 4979 . . . The Commercial ami Financial Chronicle NEW Range for Previous Year 1949 Lowest '55 Lowest Jun 70 45% Nov 60% Jun 74% Nov Jun 27% Oct 96% May 66 Jan 25% Jan . 100 4 Dec Dec 20'/a Dec Jun 48 Dec 48 J.'n 38% Jan 26% Mar 13 Jan 10 July 35 Oct >-94 • . Jan 24V4 9% 28% 6% , 98 Dec 30% Apr 1*% Jan 12 13% Jan 16% Feb, 21 Jan 33% - ' 15% Jan 12y2 July 12 Dec 10% Jun 21% Feb 28 52 Jun Feb Dec Dec 9V4r " 117 Jan 9 Jun 15 July 16% • 7% Mar 127 Sep 14% Feb Jun 195 8% Jun 17y8 Aug Sep 12 Feb 24% Jan , .3% Jun - 97/a 13% Jitu 12% 18 Jan 36% 36% 37% 36% 37% 36% 103% *102% 104% *102% 103%, Aug 17 Oct 23 Dec 79 preferred series A__i___100 3%% 4% . 1 *14% 36% Nov Nov » Dec Jun prior & Corp 25 series A Oil Co Superior Steel 6 Gulf Texas 19% Jan 22 Jan 3 Jan 13% Jun __ 43 V4 43% 43 43% 42% 43 42% 43 43 43 2,700 43 3,400 11% 11 liy4 11 liy4 11 liy8 11 liy8 11 ll'/a 7,500 99% *97 99% *97 99% *97 99% *97 99% *97 99% 69 69'A 69% 69% *69% 73 71 72V2 ~ 69'% The Fair 30'A 30% 22% 29% 31% 3iy4 31% 31 31% 8,000 22% 22% 22% 22% 23 22% 22% 4,700 57% 56% 57% 56 57% *56% 57'A 57 57Va 12% 13% 12% 390 19 45 45 18% 118% 19 45 116y2 137/a 19y4 19 20% 45% 46% 116 115 12 12% 12% 12% 12% 38% 39% 39 39% 38% 19% 20% 12,800 40 47% 47% 1,300 119% 119% 240 13% 13% 13% 13% 7,100 38y2 > 39VA Steel 39ya 38»/4 38% 6,200 14% 14% 15% 15% 15V2 16 25'% 25% 25% 26 25% 26% 25% 26% 90y2 90% 91% 91% 91% 91% 91 91% *90% 91 9% 9y2 97/a 97/a 9% 10l/4 10" 10% *10 10% 24,600 13y8 5J/8 400 900 5,300 28,200 9% *13 , 28 ,13% *5% 13% 5ya 27V2 88>A 87JA 13V4 5% 28y4 • 15% 87 10%* 13 . 5%> 28 90% ' 13% 13%, 13% 5y8 27% 5y8 27% 90'A 25J/2 5'A 27% ^ 94 95'% 94% 91 89 91 25% 25 25% 25 26!A 94'% 95V2 94V2 95% 94V4 96'A 42% 44>/2 43]/2 44% 42'A 44 42 43 41% t » 86 78% 7,100 85 84'/2 86 V 85 86 84V2 86 84 84% 84V4 81 80 81 77V2 80 77 78 79 79 78 V2 18% 18% 18% 19ya 18V2 19% 19'A 20 20V2 20% 20'A 215A 21% 22 19% 21% 20 20'A > 20% 12 12>A 38% 12ya 12JA 39 39 *16 17 12% 12yB 12y2 12l/8 12V2 11% 123/8 39V2 39 39V2 39V2 39y2 38 383/4 *373A ;*15% 16% 16% 16% *16% 17»A 17 17' 8% 8% 8% 8% 8% 8% *16y4 8% 50 "*41V4 41% *41 Va No par 7,600 5% 5>A 26V4 26'/4 *7>/2 *41 y2 42 5% 38% 5% 25% . 7% ;,38% ■ 25% *7V2 ay '—38% -Yf.103 104% *3% 4 *31% 32% 5% 7% •• 8V2 41 Va " 8% 41V2 5% 5 5V4 26y4 26 26»A »7% *7V2 38% *7'A 39# " 39V2 104% ^103 42 26 7l/2 i -39%'411/2 ? 17 7»A 3% 3% 3% 3% 30y8 31% *30% 31V2 ', 200 8% 4,100 43 •' 5Va 1,900 26 1,900 7JA 41 *30% 103 800 ' 8% 40% 1 *102 7% 500 5,300 -*Q3 3% 3% 31% *30 40 403/4 *7'/4 * 102'/2\ 3% 32% *102 4,900 ' *42 ' *5'A 25% 26V4 40% 3% . 103 5,200 8% *101% "103 3% 1 4,200, 31,700' • 22JA 42 5V2 42 5 26V4 *31% % 19,200 ■ 12>/4 •— .100 - 3% 50 5,900 31 400 10 35% 35% 35% 36 7,500 21% 2iy8 21% 21% 22% 21% 22JA 35% 22% 35% 21J/e 35% 21% 35 5: .No pa' Axle 22 22% 21,300 45V4 4534 45% 46 45% 46 ' 45'A 45% 45% 45% 45% 45% 8,800 10% 10% 10 10% ' lO'/a 10% 10'/8 10% 10% 10% 17,000 5- (The)— Co 22,600 1 + . , 39 1 Timken Roller Bearing Edison 25% 96Va 42»/8 43% 77% 28 1U 25y4 >• 82'A , 38% Dec Timken-Detroit 26Va 250 28 90'% 41'A '• 1 $3.50 89V2 91 90y4 24% ,94 No par preferred.^—— 13ya 5y8 27% " 25 /25'A 1C0 .(The) 1,000 16,000 5'/a *13 5!/4 277/a 16% 26% 27J/2 13 5'/4 28'% 16% 26 16 94 Transit Corp.No par Co 119% 15% 1 preferred 800 20% 47 % *116 13% . 2,100 92,100 15 395 *385 399 19% i 116 12% 14% 15 394 397 25% Thompson ,(J R) ^ 15 Products Inc new com.5. Toledo *115 137/8 397 45% 18% -*45 116% 13y8 13% 395 90y2 Thompson 4% 387 38y2 38% 10 common convertible $2.50 385 45 -• • 13% 13ya 385 No par Thermold Co ... 22% 10 — 2,500 ' 30y2 25 ^ 68% *90 preference Tide Water Associated Oil 10'A 35% 10% 36 : STOCKS NEW YORK STOCK * EXCHANGE ' . Saturday , Monday Tuesday Jan. 15 PRICE8 Jan. 10 ' Jan. 13 • 35% 35>A LOW AND HIGH SALE 1 , 57,700 *14% Thompson-Starrett Co com—No par Highest 31% *12 6 - 31% 22% No par $2.40 conv preference. 44% Nov 15 Lowest, 31>/2 18'% 20V* Nov 24 • 30% *116 6 ^ Range for Year 1950 Highest 31% :25% : Ry Co 27 Year 1949 31 5 Trust : 33% July 14 Range for Previous Lowest 32% 9,900 > 30y8 • 5y8 Feb 30 31% ' 20% Nov 24 Dec 31% 18% 42% Feb 6 30% • par Co.. >9% Dec 18 43'A Mar • __ ^ Nov 19 Jun 25 25% Jun 13% 32% Nov Dec 3iy2 13V4 Mar 18 19,200 20% tThlrd Avenue . 21%, 50c Thomas 8% Oct 25 21 5 common 18 42% Dec 17% 2iy4 17% x56% conv 30 103 17% 207/a preferred——.No par Thatcher Glass Mfg Co common—5 $1.25 . 5% Dec 8 17% 21V8 17% 18 22% • 9 certificates Pacific 28% Nov 40 .2% May 23% May , share 3 Dec 17% 20% 17% 57% 1 : Pacific1 Hiancl 5 5% July 13 *17% 21% 17% par Texas Pacific Coal & Oil— 3% Jan 94% Jan 4 2% Nov 10 - 21 *380 25 ; Producing 17% Jan 32 18 21 Va *57 .100 Texas Gulf Sulphur Jan — 18 20% -*22 10 Swift International Ltd——L. Sylvania Elec Prod Inc com_.No $4 preferred 1 —No Jan 95Dec 4% Oct , 18ya 18 177/8 17% 17% *17% *68'%' 50 com _— 9 Nov 84% Apr 17% 18 11 % 25 4%%. preferred 20 — ; is 21% *97 —.,_10c' Corp Sutherland-Paper Co k 20 7!/2 17%i 16,900 * 30y8 Textron Inc Jun 18 30y8 27 Jun 18 1,700 19% Dec 1% 18 23% 30 14% 17% . *23y2 Texas 42y40ct 'lBG 6,400 48 23% 39% Nov 24 4 18V4 5 800 48% 49 23% Jun 36% Jan 17% 18% x48 23% Jun Oct 18 49% 23% 8 41% 18 49 . 1,100 102% 102% 23% Sub Mar 17% 49% 103% 23'% Texas & 35 177/e , 103% 23% 17 20 49 103% *23% 30 9y80ct 49 103% 23% Talcott Inc (Barnes)—; Telautograph Corp Tennessee Corp Texas Co .; i 3 48y2 103% *23% 17 Jan *103 37% 143,800 22 6% 104 2 300 14% 18% Swift & Co 3 *102% 43 119y2 Nov 12% July 5% Jan 37 18y8 89% Sep Oct *14% 37% *117% 85 14 14% 37 48% 43 „ Sweets Co of America (The)__4.16% 1 14% 37y4 18% 5 Apr 14% 37 119y2 4 43 Apr 1 13% Sep 18 14% 18V8 Oct.-6 .14 14% 37% *117V2 Apr 3 14% 36% 18% Sunshine Mining Co Superior Oil of California 30 30y4Jan 42 14% 37% 900 119'% 14 "■ 42% 14% 36% 22 300 54y2 17% Feb Nov 42 100 23% *117% July 17 8% 42% 23% o54 17% 44 32%- Aug 541/4 119% 53 12 23% 53% 17% Dec 25'/2 Apr 22% 54 42 31% . ' 11 May 11 Nov 14 Apr 21V4 Dec 26 22% 53% 41 *117'% Dec Jun-30 7JAJan 3 22V8 53% 41 103 177/a 97J/2 Nov 25 14 22% 53'A 41 103 119y2 58% 10 103% 17'% 48 Jan ,*102% *118y4 Jun Jan ,*102% 103% 17% Feb 15% 14 900 17V2 33% 11% 37 *118% 36 13V4 July 4% Mar. 35% 10O preferred 24% Oct • 371/2 17% Oil 82V2 Dec 13 37% Corp common— 1 4%% preferred series A 25 4%% conv pfd series B..J 25 5%% conv 2nd pfd ser 1950..20 Sunshine Biscuits Inc 12.50 Class A 4%% Sunray 15 Nov 17 7% Apr 18 25% Dec 29 63% July 13 20'A Feb 16 79 000 37% 15 17% No par 10% Oct 25,- Symington Gould Corp—^ Y 98 69% 119% 9 Dec.19 97% 36% 104 18 C00 98% 21 , preferred—.No par common—:x 22% .>• ,97% 53% 17V2 1 ____ 22% 41 47% —..No par i 22 *52% 42 *102% preierence..—20 Webster.. $4.50 15% Mar. 6 26% Apr 18 3 15'/a Jan 26y2 Nov , Inc Stores Stokley-Van Camp Inc common—1 7 22% *40'% — 88% May 31 4 4% Nov 30 18% Jun 22% *52% ' 53% 50 No par 40% Oct 11% July 11 65% 4% LS., Sterling Drug Inc common—. 5 .3%% preferred _—.————100 Stevens (J P) & Co Inc 15 Stewart-Warner Corp 5 18 lo?A Aug.23 5% Jan ./3- 70y8 Dec *102 common.__l preferred.! (The) Sterchi Bros ■ j Spring convertible Starrett Co 29 17% Dec 29 Jan Jun Nov 22V8 63% ll7/a 370 9% Jan. 3 1 18% July 13 16y8 v Ohio of Standard Steel 24ye Oct 18 ,30% Dec 19 " Jun • 36% 13 11% ■ 99 116 56 Jun 95% July 13 ; 17 Jan 59'AJan 48% • 3 33% Jun Dec . 97% 9% July 11 / Deo 6% Jun 95% July 17 €% Nov .2% Jun 95% 101 9% Mar 30 Mar 89 ' 91% 35l . 36%. Dec 76% 92% *103 4 ' July 13 8V4Julyl2 . Dec 25 16% Jan 30 19 Jan.25 14% July 12 49 11% Nov 27% 91% common—10 Oil 19 Jan .08% 25 Standard x.122 Jan 17% Dec 41 ya Dec Dec Standard Oil of New Jersey. 30 Sun Dec 106'% 7% 30 Dec 25 t 227 Dec 72% Oct Dec 12'% Jun 8% Aug 30% Jun,, 66 15 10% Jan , 60% 941/. 65% Sunbeam Corp _i .No par Sun Chemlckl Corp comomn 1 Dec -r- 933/a 65% 71 Mar 7 11% Nov 24 Apr 18 17% Jan 21%, Sep Feb 94 64% 1116%-.Oct? 10 Dec 11% JU** 36% 122 . 93 65% 48% Dec 8y2Julyl7 55y4Feb 21400 65% 93% 64% Studebaker Oct 9434 65 93 36ya Oct 66% Shares 94 93% ; 5% Feb the Week 65 Stone 1 Sales for Jan. 19 g per share 92 23% Apr 27 •' 93y8 Dec Friday Jan, 18 63% 16 Sep 28 39% Feb 10 103% Nov 24 38% July 13 Oct ' Thursday t per share " 63% ,,20% Sep 28 Sep Jan. 17 t per share 92% 5 96 S per share 63% 27 Jan' t per share 92% 21% Apr 21 18 Nov 24 52% i . 27 90 PRICES Wednesday Jan. 16 25 40 Jan " 3 16% July Dec SALE Tuesday . Standard Oil of Oalifornia—No par 16% July 13 25% July 17 •; 18y* Dec Feb HIGH AND < - Jan. 15 t per share Par 54'/a Nov 28 , 1 34 . - 100 Jun • 6 Monday Jan. li Standard Oil of Indiana 104 26 12% July 14 41% Aug Jan 9% Jan Saturday 92 18% July 13 40 LOW STOCK YORK 35 . 18 102% Jun *27 » RECORD 91% Dec 29 30% Dec 30 25 12 " STOCK EXCHANGE $ per share 61 Jan 25 42% Feb 14 Sep Jun NEW - Highest • $ per share $ per share 20 ' Range for Year 1950 - 36% ' YORK STOCKS Highest S per share (397) , Wednesday Jan. 17 Thursday Friday Sales for Jan. 18 Jan. 19 the Week S per share S per share ' $ per share i $ per share $ per share $ per share • .: •/ 10 Jan 16% Dec 17% Dec 25% Dec 27 Trans 15 22 13 i ;» Transamerica Corp Jan 14% July 13 15% Jun 29 19% Dec 30 10 Transue & Williams Steel 11% Jun 16% Feb 6% Feb 9% Dec 98% Feb 108% Oct 15% Jan 25% Dec 10 Jan 3 18% July 17 9% Aug 19% Jan Mar 7 8% July 13 104V4 Jan 3 32% Jan 37% Dec 32% Jun 29 98% Sep Jan 103 10% Dec 4% Nov 98% Aug 8% Jan 5 34% Nov 6% Jan 24 Jun ! 29y» 1 Jan 18 4% Jan 3 Nov 11% Jun 12 110% May 17 17% Dec 29 25% Jan 6 36% Jan 5 103 Jan 13% Apr '39 5 13 Apr 13 9% Oct 2 Airlines World Tri-Contlnental $6 preferred Truax-Traer Inc < i $ per share g per share 4% Jun •' :y / ■ 8% Jun 39 Nov 10% Feb 19% Jun . 5 " Y ' 10% .46 "."a- Dec 10 Feb 21 '39% July 14 10% July 17 Jan 12% Apr Jun 107 Jan 112 Aug 94 Jan 96 Nov 96 86% Jan 94 Aug 90% Jan 30 25% Jun 32% Sep 24% May 73 3A Jun 89% Jan 81 Jun 48 Apr 51% Feb *50 Jan 30% Dec ;,36% .Jan 20Vb Juljf 104% Jun . ,31% Jan 45% Dec 27 Dec 109% Oct 33% 26% Jan 13 40% July 17 110% Oct 30 103 Jan 30 Jan 24 ' f f \ 2 27 13% Jun 22 47% Dec 19 13% Jan 10 39% Nov 24 55% Dec 11 114 July 7 103% Aug 18 99% Aug 15 107% Nov 28 35% Dec 105 9 54 31 May 12 253/8 Jan 13 ;38 , ';f v'YY' •' /• /' Dec u ' Union Carbide & Carbon No par Un El Co of Mo pfd $4.50 ser__No par Preferred $3.70 series No par Preferred $3.50 series No par series Union Pacific RR Co common 108% 109 - 16% 16% 16% 16'A 21% 21% 21J/2 21V4 34% 34% *34% *34% x 35 *99V2 35 101 12% 12 36% 101 12% 52 *13 38% 105'/2 *51 *28% 35 106% Jan 3 Oct 13% Jan 25 24% Dec 27 United common... 10 *109% 233/2 85% Oct 79% July 11 24% July 17 103% Dec 28 preferred 100 United Biscuit of America—No par 103 *30% 19% Feb 31% Dec Jun 106% Dec 106 4% Jun 293A Jun 9% Oct ' 38% Jan — — Dec 33 Mar 29 18 111% Sep 13 7% Mar 28 18'A Dec 29 $4.50 preferred No par United Board & Carton Corp 10" 48 20 United 32% July 12 23 Jun Carbon Co——.No par 32 Sep 28 2% Jun 3% Oct 2% July 12 4 Jan 12 38% Jun 47% Sep 50 3 $3.50 convertible preferred—100 3% Dec 3% Dec 36% July 11 3% Jan 3 4% May 31 33A Jun 9% Dec United Corp (Del) 1 United Dye & Chemical Corp com_l 7% preferred 100 United Electric Coal Cos 5 United Engineering & Foundry..—5 United Fruit Co No par United Gas Corp 10 United Gas Improvement Co.—13% Jun 70 Dec 8% May 22 Mar 12% Aug 21 58 July 17 78% Mar Mar 29 25 3 14% Aug 22% Jan 16 Sep 21 34% 42% Dec 39 53% Oct 20 14% July 18 22% July 13 11% Mar 30 29% Apr 18 16% Dec 18 X44% 16 Jun Jun Dec 19% Dec Feb 26% 13% Dec 9% Mar , 55% July 18% Sep July 18 50% July 12 66% Nov 2 20% Nov 27 19% Jun 26 Dec 15% July 13 24 19 Jun 25% Dec 12 Feb 30% Dec 15% July 13 27Va July 12 23% Jan 18% 42 24 Mar 102% Nov 99 Oct 4 14% Jun 30 94 12% Jun 17% Jan X89% Jun 116% Dec Jan 187 175 6% 43 Jun May * Oct 14% Dec 16 29 Mar 11 38% Nov 22 U S Industrial Chemicals No par U S Leather Co common No par No our Sep Jan 46% Jan 22 17% Apr 26% Oct 3% Jun 9% Dec 8% Jan 10 15% Jun 30% Dec 28% Jan 9 page 22. Certificates of interest— U S & Foreign Securities 64% Dec 10% see 3 4 90% July 26 181% July 19 8% Jan 3 Nov 106% May 23 21% Oct 135 Jun 189 Mar 24 *5 2 22% Nov 25 68% Dec 20 Class A conv preferred. *19 *28% 3% *45 1 1 1• No par $4.50 1st preferred —No par U S Freight Co No par U S Gypsum Co common 20 7% preferred 100 U S Hoffman Machinery com 5 4%% preferred 100 57 For footnotes Jan United Merch & Mfrs Inc. United Paramount Theatres.^ 13,% 13% 13% 52 52 13% 39% - 13 52% 13% 39% 56 37% 56% 55% 112% 105 96 111% *100 . 5lV4 38% 36% 111 38% 35% 111 23% 30% 19% 46% 109% 3% 46% 4% - 46 **■ A • 13% 13% 40% 39 41 Va 51' 39 36% ■ 13% 45% 28% 84 26% 83% . 3%;, 28% 84% 51% 39% 36y2 110 26 *109% 24% 108% 30 18% 45% 4 4% 4% 4%* 11% 11%. 11% 12 70% 72 >. 71% 72 22% 22% v * 22V* 22% 52% 53 r 53 54 61 61% 61% 63% 19% 20% 20 20% 27% 27% 27% 27%' "" 16% 16% 16% 17 18% 18% 18% 18% 18% 18% 18% 18% 42% 43% 43% 43% *102 103% *102 103%! 22% 23 *■ 22% 23% • 106 108% 105% 107% *182% 183% *182% 183% 16 16%*'' 16% 18% ' 68% 69 < *68 70% 43% 44%* 44% 44% 27% 82% 51V4 38% 111 30 *107% 109% 46 . 107 35% 18% 45% 28% 54% 55% Xll0% 110% *99 105 x94% 94% *104% 106 34% 36% 105 . *27 3% 47 '4% 11% 71 22% 53% 63 20% 27 16% 18% 18% 43% 11% 12 108 108% 16% 17% 21 '21% *34% 35 *99% 101 13 V2 13% 39% 40 9% 10% 108V2 27,900 27,900 - 108% 17 -17% ,460 14,900 21 22% -41,700 34% 34% 700 *99% 101 13 13'/a 39 39 10 10% ,5,400 2,470 19,400 ■■ YyYA,Y. : 13% 52 13% -. ... < - 10 13% 51% 13% 52 28% 3% 46 28%" 3% r 46 - 13% 41 9% *107% 109% 19 46% 101. 13% 40 110 110 24% 25% 109 109 30% 30%, 104% 30'/2 *27% 3% 29 50% 39 35% 24% 103 30% *107«A 19 *45% 24'A 103 4 10% 10% *69% 71 22 22% *52% 53 61% 61% 19% 19% 27 27% 16% 16% 18% 18% *18% 18% 42% 42% 102 102 *22% 22% 1 09% 109% *182% 184 15% 16% *67 69 44 44% 27% 28% 83 83% 106 51 39% 35% 111 ' 55% 56 111% 111% *100 105 *95 96 106 106 35% 35% 106 106% 35% 104 3/2 51% 13% 39% 105 96 107 *105% 34% 105% 13% 51% 111% *95 ,*99J/2 , „ 9% 8% *107V4 109% 46% United-Carr Fastener No par United Cig-Whelan Stores com..30c 40% 45 30 Dec 8% 34% *99% 10? 13% 13% 39% 41 9% 9% 12% 38 37 *1053/2 107 ' 35% 35%, 4%% , 16% 21% 14% 103 16% 21% 34% 108% Jan Inc 16% 21 % 108% Jun Lines 57,000 11% *95 4% non-cumulative preferred—50 Union Tank Car Co No par United Aircraft Corp common 5 5% convertible preferred 100 Air 12 11% 10% Mar 20 1,400 11% 108% 11% 108% 11% 108% 11%. 61% 112 23 11% 56 50 18 22% 11% *100 No par 18 30 23 23 *111% 25 Aug 21 23 23 13% 1 Union Oil of California Dec 23% 23% 8% Underwood Corp ——s. No par Union Asbestos & Rubber Co 5' Uriion Bag & Paper Corp. No par' 30 37% Dec 23% 23% :yyy ./;Yyy Y,-YYY Udylite Corp (The) Preferred $4 16% 26% 23% *99»/2 — 1 Co.— 16% 25'A 17% 25% 16% $4,50 prior preferred No par Twin City Rap Transit corn..No par '5% conv prior preferred 50 Coach 16% 25% 16% 24% 21% 20th Century Fox Film com..No par $1.50 conv preferred——_No par » ' Twin 16% 24V4 17% 24% 11% 108% Shares 17 25% 17 23% ' Y $ per share 16% 24 17% 24'/a 23 No par Co.. I per share 17 23% 5 common—1 ...No par Corp Coal Par 2 y . 18J/2 48 28% 4% 47 4% 11% 72% 22% 54% 64% 20% 27% 17 18% 18% 44% 103 103 23 23%' 105 107 183% 183% 17% 19 69 69 43% 44% 26 26% 79% 79% 13% 13% 52 52 13% 13% \ 40% 42% ' 55% 56% 111 111% *99 105 *94V8 95 *104% 106 35% 36% 106 V2 107 5iy8 51% 38% 39 35% 36% *109% 110 25% 26% 109 110% 30% 30% *107% 109% ' 18% 18% 47% 48 26% 4 . 54% 63% 20% 27% 17 18% 18% 44% 104% *103 22% 22% 106 107% *183 185% 18% 18% *70 '72 43% 43% < 26% 26% 76 43'A . 76 - 54% 110% *99 *94% ' *1043/4 35% 106 5iy4 39% . ; . 4% 11% 73 22"% 54% 62% 20% 16% 18% 18% 44% 13% 26% 4% a 47% 4% 11% 75 23% 46 27 13% 51% 35 109 26 13% 4,000 52 13% 44% 3,600 24,200 56 33,100 111 105 95% 106 5,300 300 30 y 10 . 36% 23,200 107' 7,100 51% 39% 3,300 1,300 36% 109% 27% 19,100 700 59,400 114% 116 31 31 *107% 109% 18V4 18'A 47% 48 27% 4% 47% 4% 11% 76% 23% 27% 4% 47% 4% 11% 78% 24% 53% 61% 20% 27 1.3C0 4,200 ; 54 63% 21% 27 16% 2,300 2,000 16% 18% 20% 18% 20 43% 44% *103 104'% *22% 23 106 107 * 183% 185% 18% 18% *70 700 103,300 130 224,000 6,200 81C 8,300 1,600 16,500 „ .. 42,100 2,500 30,800 43,900 9,700 16,300 110 1,700 5,100 60 17,200 43% 72 44% 250 5.500 25% 77% 26 77% 21.300 3,500 .21 22 (398) The Commercial and Financial Chronicle NEW Range for Previous Year 1949 Lowest Range for Year 1950 Lowest Highest $ per f per share $ per share NEW Highest 16% Oct 14% Jun 27 Feb 4 Jan 8% Apr 7% Dec 29 8% Jan 9 38 Jun 49% Jaa * 10 U Jan 72 Deo 34% July 13 65% July 17 23% July 12 49% Jan 52 % Jun 12 U 38% Dec 29 88% July 37% Jan 11 3 97% Apr 52% Oct 18 143% Oct 5 v. 33% Mar 31 62% Nov 30 Deo 93% Not 43 Jan 31% Aug Jun 112% 133 Jan 46% 33% Oct 62 Oct 72 20% Jun 26% 139 18% Jan 22 Not 38% Jan 44% Sep 40 4% Feb 13 18% Dec Jan 6% Not 11% 92 July 3 26 19 Dec 3 22 U 21 *8% 39% 39% 39% 39'% 39% Stores 61% Jan 5 27 27 May 23 24 % Dec 26 Dec 4%% 60'% 58 59% 58 58% 65% 64% 65 65 65 64 64 45% 46% 45% 46% 45% 46% 45% 45% 151% 113,700 152% 151 % 153'% 152% 153% 153% 153% 3,700 , 151% 58% 59% 15,900 700 19% 19% 19% 19% 19% 19% 19% 41% 41% 41% 41 41 41% 41% 250 6% 6% 6% 6% 6% 6"% 6% 6% 10% 2,100 10% 10% 10% 10% 2.900 96% *94% $4.20 11 11% 10% 11 10% 96% 11 *94% *94% 96 95% 3% 3% 3% 3% 24% 24'% 24% 25% 25 25 3% 25 24% 4% 4% 4% 22% 22% *22% *167 170 10% 10% 56 26% 31% 10% 56 26% • 167 166 31% *24 24% 4% 22% *94% 3% 3% 25 245/e 4% *24 251% 3% 25% 800 3% 10,100 25 25 25% 25% 26 4% 169 4% 4% 4% 4% 22% 23% 22% 300 2,400 4% 22% 22% *164 167 166 166 *164 6,000 1,500 167 10% *56 4,500 96% 3% 25 22% 23 *165 95% 3% 25 *4% 100 3% *24 22% 1 Light CO 96% 24% 100 com 11% ,*94% 1 preferred & 59% 65% 65% 45%, 151% 1,190 19% Pictures Co Inc Power ' 41.800 41% preferred Utah 60'% 65 45 90 57% 140 6% Universal-Cyclops Steel Corp Jan 55% 138% 19% Universal Laboratories Inc 1 Universal Leaf Tobacco com__No par 43% 57% 139% 41% 17 Universal 56% 138% 6% 6% Apr 12 58'% 139% 19% 4 7% July 10 54% 139'% 41% 3% Dec 45 59 56% 139% 6% Jan Dec 60% 65% 45% 151% 54% 138% ' 300 6,700 19% Feb Deo 96 41% 3% 12% 38% 96 19% 19% 64 37% 96 *6% 9 Feb 39% *95% _c_ 5,300 41% 18 7 38 39% 1 convertible 8% 74 *74 preferred—25 24% Oct July 28 Sep 27 74 95% 75% 15.100 No par common 27% Jan 177 74 38% 151 % 8 16 74 95% 58 3 Jan 76 39% 45% Jan 161 40 96% *65 15 Jun 39% 38% 50 22 % Nov 170 40 *95% 50 Oct Mar 40 96% No par Jan 156 8% 40% Shares 18% "8% 38% 54% non-c 2d pfd—5 preferred No par United Wall Paper Inc common 2 4% convertible preferred 50 9 18% 3% 39% 40% *74 138% 27% Jan 19% *8% 36% 53% 17% x25 18% 8% *95% 137% Feb 20% July 27 19% 37% 53% Jun Sep Sales for the Week $ per share *814 97% 137% 12% 9% Sep Friday Jan. 19 t per share 18% 8%' 37% *95% 75% *74 52% 21 25% 19% * Jan. 18 76 137% - Monday, January 22, 1951 Thursday Jan. 17 $ per share *74 100 non-cumulative $6 19 100 Corp common Tobacco Co United 3 4% Apr 24 17 8% United Stockyards Corp 26 Jan 18% *8% 1 preferred 7% 447/a May 19 6% Oct 28 11% Apr S 19% 8% -100 com - 7% 19% 10 . PRICES Wednesday $ per share *8% 10 Smelting Ref & Min pi*eferred 1% U S Steel t per share 18% 20 1st preferred non-cum t per share SALE Jan. 16 1 Rubber Co common 8% 20 Feb 100 U S HIGH Tuesday Jan. 15 10 preferred S Pipe & Foundry Co S Playing Card Co ; S Plywood Corp common 3%% preferred series A U S AND Monday Jan. 13 4%% U LOW Saturday U S Lines Co common 6 29 151 % Nov 27 91% May 2% July, Jan 4 4 5 % Jan Deo Jun Jan 9 Not Apr 2% Jun 18 68% Mar 42% Dec Jun 8% 5 54% July 14 Dec 129% 80 77 25% Jan Mar 140% 18 5 126% Jan Apr STOCK Par Jan Apr YORK . RECORD r $ per share share 7% 19% May STOCK EXCHANGE 11% 82 YORK STOCKS . 10% 10% 10 10% 10% 10% 10% 40 10% 56% 56% 56% 56 57% 56% 57 57% 58 26% 26% 26% 27 26% 27% 27% 27% 27% 28'% 30% 31% 31 31% 31% 33% 18,200 350 8,900 V Jun 25% 7% Nov 11% May Jan 3 20% Jun 27 Not 24% Feb 23 10 Feb 13% Jan 12% Jan 20 Jan 25 Oct 20% Jan 85% Mar 97 Deo 97% Mar 17 20% Feb Apr 9 14 34% Aug 16 16% Dec 28 Vanadium Corp of America—No 5 20 Van Raalte Co Inc 3 38% Sep 18% Dec Vertientes-Camaguey Sugar Co„6% 18% 18% 17% 18 26 28% Oct 18 Vick Chemical Co 17%, 17% 17% 26 27 26% 27 26%* 27 26% 8 85% Jan 98 Deo 98 33% Jun 47 Deo 103 Jan 91 Jun 5 100 Jun 118 Jan 20 Deo 113% Jun 118 Feb Mar 30 32 26% 25% 104 25% 3,700 104 10 *104% 108 — *104 108 108 *103 108 48 3%% preferred Va-Carolina Chemical *100 29 11% Dec 28 Dec 28 117% Aug 25 x30% Oct 13 37% Apr 22% Sep 13 31% Dec 36 14 dividend 6% Coal & May 17 *118 *100 47"% "11% 11% 120 118 4% pfd 12 116 *115% 107 *106 107 43 43 *43 34% 34% 33% 35 30% 30% 30% 30% 37 37 37 37 ' 25 25 " 5 10 common 20 20 — 20% 20% *30% 20% 32 *31 *100% 20% 12% 11% 11% 119% 118% 119% 20% 115% *106 43% 34% 30% *36% 20% 20% 116 107 43% 19% 32 21 115% *31% 44 *43 35% 20% 20% 116% 3,700 40 20% 11% 13,100 2,100 21% 20,700 116% *115 116% *105 107 44 44 43% 35 34% 34% 30% 30% 30% 35% 36% 34'% 34% 30 60 250 30 *35% 19% 20 19% 20 19% *31% 32 1,400 119% 107 43% 2,100 101 11% *118 21 13,400 , 46% *100% 11% 37 30% *36 46 119 *105 44% 34 30% 37 21 107 ,, 100% 11% 119 116'% *105 , 48% 100% 101% 118% 116 *106 20% 101% 47% 11% *115% 25 preferred— *100 119% 20% —100 common 47% 100% 10 com preferred Coke Visking Corp (The) Vulcan Detinning Co 1% preferred 1 47% 100% 11% 100 47% 100 25% Jun 7 No par com $5 preferred $4.04 47% 100 6% div partic preferred Virginia Elec & Power Co Mar 23 28 July 17 17% Nov 6 Apr 26 108 Virginian Ry Co Apr 8,600 48 30 33% Oct 17% *103 33% Dec 33% 17% *104 26 Jun 17% 48 Va Iron Nov 31% 108 21 28 15% 31% 108 30 25% 33 15% *103 46% Dec Jan ( 32% 15% 31% 17% I 18 26% 33% 15% .... *104 106% Dec 32% 2.50 - 32% 32 31% 15% 31% 108 7 Dec 15% 32 108 22 26 15% 31% *103 115 19% July 15% 32 *104 29 23% July 15% 32 108 27% Jan _ 15% 32% 108 27 14% Jan 15% 32% *103 Jan 79 15% .10 *104 6% Jun Jan 15% par 2.50 Vicks Shreve & Pacific Ry com—100 5% non-cumulative preferred—100 Victor Chemical Works common 5 16% July 27 114% Sep 12 xl03% May 26 liy4 Jan 82% Co 101% Dec 10 96% Mar 22 Deo Norman May 4 105 July 12 51% May 19 39% July 26 Jan Van 32 *31% 32 *31% •■ 5,200 ■/ 2,800 36% 1.000 19% 3,800 32 — W 45 Jun 60% Jan 48 Apr 24 65 Dec 28 12 Jun 14% Sep 12 Jun 26 14% Jan 10 25% Jun 31% Nov 26% Dec 6 32 Feb 4 21 % Jun 33 Dec 31 13 53 Nov 24 6% Jun 93/a Dec 28 Jan 9% Jan xl2 Jun 17% Dec 14% July 14 x87% Jun 101 % Dec 97 Jan 16 Dec 6% July 13 Wabash RR 4%% Waldorf System Walgreen Walker (Hiram) Walworth 20% Nov 24 preferred. G & W Co Sep 19 9% Jan 16% Dec 11 8 16% Jan 24 Warner Jun '30% Deo 38% Feb 6 14 Jun 22% 24% July 18 15% Feb 14 •29% Dec 21 23% Jun ' 24% Jan 28 11% Jun 14% Sep 12% Jun 30 16% Feb 24% Deo 18 11% Apr 17% Nov 11% July 13 3% xl9% 78 16% 14% 107 5 273/4 Jun Waukesha Motor Co Jan 6% Oct 27 8 Sep 26 27% Jan 24% Jan 13 34 Dec 28 84% Dec 83% Feb 23 88 % Sep 25 19 27 35 % Dec Jun Sep Jan 23% 221/4 25% Jan Jun Jun 18% Apr Oct Deo 15 21% July 13 Apr 115 Nov 110 Dec 26 114% Jun 108% Jan 104% Oct 14 109% Feb West 101% May Dec 104% Oct 4 12% Dec 17% Jan 12% Apr 17 35% Jun 50% Dec May 108% Jan 104 103 Electric Penn Power 4.20 % 1093/4 Mar 24 18% Dec Penn West 44% July 14 78 Dec 27 111 July 19 Nov 15 Lowest Co Range for -Year 1950 Highest Lowest $ per share NEW Highest $ per share YORK 26 13% Dec 28 25 5 21 Sep 33% Deo 27 July Western Auto Supply Co Western Maryland Ry com 3 41% Dec 22 Jun 30 Jan 28 Jan 3 55 29 20% May 98% 21% 102 Feb Jun Mar 70% Not 33 Deo 26% 115 Dec , Aug Jan 64% Jun 27 89 13 44 Dec 24% July 13 29% July 13 102% Sep 22 22% Feb Dec 4% 112 16 Feb 20 30% Nov 29 ■ . Jun 105% Feb 12 Dec 35% Dec 28 8~9~% Jan 81 3 94 Oct 26% July 15 41 Feb 27 Jan 12% Jun 16% Deo 15% Feb 8 28% Dec 19 25% Nov 2 Feb 34 Dec 33% Jan 12 8% 14% Dec 12% Feb 15 7% Jan 5% Jan 3 49% May 5 70% Dec Jun 12% Dec Jun 79% Nov Jun 13% Jan 21% Dec 147/8 128 Jan Jan White Prior 17% May 26 11% Dec 29 Dec 10 140 Nov 12 ' Jun 27 77% Jan 5 9% July 11 16% July 13 137 July 18 $4.50 22% Feb 142 30 25 Jun 15 10 45% Sep 42% Dec 16 51 Feb Jun 26 559% Feb Dec 72 Oct 69 July 18 77 Jun 76 Not Jan 4 89 95 % Dec Deo 29 79 82 Dec 98% Dec 16 70 July 3 July 26 19% Jun 12% Oct 10% Feb 16 303% Deo Jun 12% Jan 30% May 16% Jun 39% Jan 36 28 % Not 24% July 17 473/4 Oct 31 8 10% Jun 20% July 3% Feb 14% Jan 27 Jan 13 9% July 13 July 14 11% Jan 3 33% Deo 31% Jan 13 4% Oc* 3% Jun 27 dividend! ^Ex-rights.15™*5' n° SalCS 403% 41% 40% 41% 31 30 ¥4 31% 30'% 25% 25% 25% 25% 18¥a 13¥a 19 19 19 23 % 23% 23% 23 ¥a 23% 24 23 ¥a 235/a 23% *1534 23% 16 15% 16% 153% 15% 16% 7% 32 7¥a *273/a 27% 31 ¥a 88% 343/s 157/a *7% 32 *88 34% 29 89% Apr 21% Dec 33 Dec 53% Oct 6 19% Oct 18 70% Apr 6 Va Apr 14 22 . 88 27% 21% 33 343/s 34 21% x27 27% 27 ¥a 21% 111% 111% *105 106 *105 106 *105 106 108 *106 108 '*106 108 *106 108 18 *81 18 18% 183/4 *105 106 108 *106 108 18 % 193% 19% 100 " i .li- ' • — 1934 14,800 82% 82% *81% 82% 813/4 81% 500 110'/a 110% llO'/z 110% *110% 111 ¥2 40 AND HIGH SALE Tuesday Jan. 15 PRICES Wednesday Jan. 16 tper share Thursday Jan. 17 t per share S per Friday Sales for Jan. 19 Jan.18 Sper share share the Week t per share Shares 12% 11% 12% 12'/a 12% 12 12% 12% 12% 12% 41% 13 3a 41% 41% 42 41% 42 41 42 41% 42% 42 3% 433a 22% 10,100 22% 22% 23'% 23% 24% 23 23% 22% 23% 22% 22% 43 43% 44 27,700 44% 45 46% 451% 45% 43 453/4 42 43 50% 50% 52 52% 53% 52 53% 52 52% 89 88% 89% 89 89% 89% 90 90% 91 44 Va 43% 43% 44% 43% 44% 43 43% 42 ¥4 43% 42 34% 35% 34% 35% 35 35% 35 *103% 103% 103% 103% *33% 34% 33% 34'% *123 par 126 36% ago *30% *123 35% 126 36% 35% 36'/a *103% 103% 1037/a 103% 34% 34 % 34% 34 *123 *120 126 36% >' 36% 37% 36% 37% 36% 91% *90% 91% 90% 91% *90% 31 30% 30'/a 30% 30% 27% 27% 27% 18% 277/a 1 20% 21% 21 21'/a 20 7/a 28% 21% 35% *35 *35 ' Va 36 *120 126 1,300 43% 14,900 35% 19,900 36% 36% 76,200 103% 36% 35% 51% 90 % 103% 3% 35% 126 126 36 126 ' 37 37% 37% 373% 91%'"" 91 91 90% 92 37% *30 2,600 51 *90 *103% 103% 35 22,900 5,800 400 2,500 20 14,900 290 30 30 % -» 30 30 27% 28%- 28% 283/a 273% 28% 8,500 21 20% 20% 203% 20 % 6,400 <x20% *34% 31 800 35% *35 36 35 35 35 *35'/a 36 15% 15% 16% 16% *16'/a 16% 16 16 ¥4 163/a 16% *16 16% 11 1 No par 1,900 11'/4 11% 11% 11% 11% 10% 11% 11'/a 12 11% 56,800 69% 69 % 69 69% 69 69 69 69% *68% 69% No par 14.1/2 14% *84% 85% 10 *12% 19% *138 14% 14% 14% 143/4 14% 84% 84% 84% 84% *843/a 13% 13 13 13'/a 13% 13 13% *13 13% 19% 19% 1,000 19% 20 19% 20'/a 20 20 Va 11,300 *140% 1403% 140 140% *138 13 13 19% 19% 20 - * 140% *140 Va 46% 46% 46% 46% 44 % 44% 44 44% 27% 26% 26% 26% 76% 100 26% 76% 100 75% 75% 19% 19% 19% 29 38 38 10,800 14% 84% 45 76% 1,700 14% 14% *84% 44% 100 69 % 14% 84'/a 46% . 69% 100 14% 10 —No par 11% 84% . _10 97%* -76 140% 46% 46% 46 46'% 45% 45% 2,600 443/4 44'% 45 443% 4434 29,000 27% 10,000 27 26% 27% 77% 77 77 99% 98% 98% 97% *96% 97% 95 96 77 78 19"% 19% 20 38 37¥4 11% 11% 11% 11% 38% 39 % 39 39 31% '•11% 11% 39% 1 39% 96 96 -95% 76 100% 96 450 930 90 78% 78% 78% 77% 73 1,300 19% 19% 183% 19i/8 18% 19 8,900 37% 391/2 39% 39% 38 38 2,500 12%-, 35% 35% 353/8 353/4 35 35 53% 54 ¥8 54% 56% 54% 55 7 $ 27,500 19 % 19% 19% 19 ¥4 19% 19% 10,000 54% 54 57% 55 % 56% 55% 57% 38,200 5% 5 5 % 5y8 5% 5% 5% 16,900 35% 35 % 35% 35% 36 533/8 51% 53 % 53i/2 19 19% 18% 19 % 19% 543/a 19% 51% 52% 51 % 53 52% 5% 5% Deferred 76 99% 40 35% a 26% 76'/a lls/a 53 or petition has been filed for company's reorganization, 27% 101 40 par 5 76% 40 12 par 5'/a X73 27% 100 140 %' 40 par 5 140% 46'A 76% 76 300 44 99% 77 85 140 'A 100% 50 No par 106 12% . No par Zenith Radio Corp Zonite Products Corp. 12,300 112 82% 100 Young (L A) Spring & Wire.No Youngstown Sheet & Tube No Youngstown Steel Door No 7,800 27% *111 110% Mondav I per share 100 23 27% 21% 111% 82¥a 36 preferred 27 7,800 110% 34% Mfg Co 7,300 —720 3334 *106 ¥4 6,100 ■ 82 % 33% York Corp common 887/a *105 . 5,100 : 8¥a 33 27% 800 33% *88% 28 ' 110 % 35% 100 18 16 8 32% % 300 2,600 23% 82% 111% 34 series—100 183% 8% 35,100 110'/a 83 *110% 18% 35% series 26 3% 273% 111% 33"% . 27% 27¥a 111% 35% common 263% 21% 111¥4 106 17% 15% 343/a 21% 5 °n thiS ^ay* *In recelvershiP> 88 111% 12.50 common convertible 88 27% No par Towne 88 % 73% 111% 97% 4%% 88 34 112 *96% & 88 333% *23% 32% 88 No par Yale 32 343/a Wrigley i(Wm) Jr (Del)Wyandotte Worsted Co ' 1% 32% 34 Wright Aeronautical 21 14% May 19 43% May 29 373-4 Oct 20 7% 32'/a 88 27% 163% 73/4 3 2 ¥4 *106 —5 Prior preferred 4%% Prior pfd 4%% conv 18 73% 32 *105 20 Common—— 13 153% 73% 32 *111% 12%'"■ pfd series A 7,400 < 25% 183/a 10 48,500 31 % 25'% Worthington Pump & Machinery Sep 22 74 Feb 407/a 29% No par Woodward Iron Co Woolworth (F W) Co 3 11% 8% 40 . 102 18% Wisconsin Elec Power Co corn—10 6% preferred 100 13 32% Jan Feb 41 7" 1 $4.25 preferred Wilson-Jones Co Nov 16% July 12 conv Wilson & Co Inc 49% July 56 40'% *87% com Willys-Overland Motors 24 35 Feb 41 100 Wilcox Oil Co 30 Oct Sep 68 40 50% preference Sep 22 Jun 65 40 5,600 12 Va No par Co— 16 44 Dec Motor 91 13% Dec 22 18% 12 29% preferred—_100 com White Sewing Machine 35% Nov 22 57% 70 12% 253/4 $5 conv prior preference—No par White Dental Mfg (The S S) 20 27 18% Dec 28% 2nd Wheeling & Lake Erie R.y Wheeling Steel Corp com-—_No 19 Deo Jun *101 12 18% 100 3.80% preferred series B Weston Electric Instrument 6 32% *42% 101% 12% 28% 1 Westinghouse Air Brake Westinghouse Electric com 18 34% Dec 129 July 7% May 4% Jun 102% 12 *25'% Western Union Teleg class A_No par 23 237/a Mar 71 *101 12% 187/a 10 Preferred series A 1 33% Oct 24 36 non-cum Western Pacific RR Oct. 24 19% Jan . Dec Jan 104 102% 12% Saturday Western Air Lines Inc 51% Apr 23% Dec 28 101'% 28,700 12¥a Jan. 13 12% July 7% Jun *101 6,700 9% 19% 28¥a Par 37% July 26 34% 102 % 52% 93% 18% 9% 19 12% STOCK Dec Jun *101 102% 9% 185/a 12% EXCHANGE Deo 21% 52% 93% 19'/a 25% 100 $ per share 16% 24 53 ¥a LOW 41% Jun 53 9% 18 3% 18¥a par 32% May 8% Feb May 53 9% 19 27% —100 Dec 13 52% 18¥a *25% _No par 8% 53% 53 9% , 18%. 4 pfd. Feb 20 52% 9% 18 3% 27% 1 . 5 52 Vb 9 18% STOCKS Year 1949 I per share 51 9'/a 18 3/8 1 preferred Range for Previous 513/4 2,000 253/4 preferred series B-.—100 4%% 900 28% 5 4%% 400 13% 28% 18% — 107 68 13% 28% 27% 4.10% preferred series C—.—100 West Virginia Coal & Coke„. 5 West Va Pulp & Paper com..-No 21 ■?. 13% 28 34 *25 % par 7 68 *13% 5 Sugar Corp West Kentucky Coal Co—. 13 Sep 67 13'/a 283% par —— West Indies 27% Dec 28 J 104% 67 13% 28% 40 Inc .'. 5 Wesson Oil & Snowdrift com 2.50 $4 convertible preferred -No 27% Dec 28 68 13% 28 % 12% Webster Tobacco 28 *66 13% 28 % 3 Wayne Knitting Mills Wayne Pump Co— 17% Mar 16 68% 13'% 28% *101 _No par Petroleum'Corp— _1 Washington Gas Light Co„ _No 11 *66% 13'/a 28'/a 9 _5 Warren Foundry & Pipe 8 Jan 67 66 13% 28% 18% —100 Warren 17% Dec 29 66 ' 1 Pictures 24 July 13 Jun July 16% *2$3/b Dec # Bros ¥4 51% 2.50 18% Jan i *64 *127/a 28% No par .No par Ward Baking Co common 5%% preferred 10« 100 .No par Co delivery. 11% *39 rCash sale, s Special sales. 12 *39% wdWhen 12% 40% distributed. 15.200 300 2.900 xEx- Number 4979 Volume 173 . . The Commercial and Financial Chronicle . Bond Record ' New York Stock Exchange «» FRIDAY The italic letters In column the WEEKLY "Interest headed Period" YEARLY - indicate in each case the month when the bonds mature. Figures after decimal point represent 32d of more or one point. a AND LOW GOVERNMENT Range for Previous Year Lowest NEW Itange for Year 1950 Lowest Highest Highest 103.28 Dec 103.28 Dec 101.30 Sep 108.13 Jan 108.13 Jan 107 III 111.10 May 110.23 Mar Jan 102.31 Feb 104.9 ~1 May 111.10 May Treasury 1 Treasury Treasury Treasury Treasury Treasury 1 Feb 102.1 Mar July 103.8 104.15 103.8 BONDS Low High High Low High PRICES Thursday Jan. 17 Low High High 1951-1955 "101.8 101.10 "101.8 101.10 *101.8 101.10 *101.8 101.10 *101.7 101.9 *101.7 "107.2 107.6 "107.4 107.8 *107.6 107.10 *107.8 107.12 *107.11 107.13 *107.12 107.14 2%s *100.21 101.13 1951-1954 "100.22 100.24 "100.21 100.23 "100.22 100.24 *100.21 100.23 100.23 *lo0.21 100.23 2%s 1956-1959 "108.20 108.24 "108.22 108.26 *108.24 108.28 *108.26 108.30 *108.29 108.31 *108.30 109 2%s 1958-1963 "110.18 100.22 "110.22 110.26 *110.24 110.28 *110.26 110.30 *110.29 110.31 *110.30 111 2% s 1960-1965 "113.4 113.8 "113.8 113.12 *113.12 113.16 *113.14 T13.18 *113.17 113.19 *113.14 113.16 .1952-1954 "100.31 101.1 "100.31 101.1 *101 101.2 *101 101.2 *101 101.2 *101 101.2 1956-1958 "103.12 103.14 "103.14 103.16 *103.15 103.17 *103.16 103.18 *103.19 103.21 *103.22 103.24 102.31 *102.30 103 *103.4 103.6 *103.3 103.5 102.3 *102.7 102.9 *102.6 102.8 2%a. 2%s_. 2%s_. 2%s_. 1962-1967 "102.26 102.28 "102.28 102.30 *102.29 1963-1968 "101.29 101.31 "101.30 102 *101.31 102.1 *102.1 101.13 *101.12 101,14 *101.13101.15 *101.19 101.21 *101.19 101.21 Treasury 2%s__ ..Jun 1964-1969 "101.10 101.12 25 102.19 Apr 23 Treasury 2%s__ -Dec 1964-1969 "101.6 101.8 "101.6 101.8 *101.7 101.9 *101.8 101.10 *101.14 101.16 *101.12 101.14 102.14 Apr Jun 101.7 Feb 103.2 25 102.14 Apr 25 Treasury 2%s_. 2y2s_. 1965-1970 "101.1 101.3 "101.1 101.3 *101.1 101.3 *101.2 101.4 *101.7 101.9 *101.6 101.8 1966-1971 "100.30 101.1 "100.31 101.1 *100.31 101.1 *101 101.2 *101.5 101.7 *101.3 101.5 100.24 *100.24 100.27 104.7 Aug Treasury __ „ Jan 103.19 Dec 100.24 NOV 100.29 Sep 29 15 Treasury 2%s_. —Jun 1967-1972 "100.22 100.24 "100.22 100.24 *100.22 100.24 *100.22 100.26 *100.25 Treasury 100.18 2%s_. ..Sep 1967-1972 "103.20 103.22 "103.20 103.22 *103.21 103.23 *103.22 103.24 *103.28 103.30 *104.5 100.21 100.24 *100.24 100.26 *100.25 103 Jun 102.23 Feb 24 100.25 Oct 31 Aug 100.27 Treasury 2V4s_. -Dec 1967-1972 "100.22 100.24 "100.22 100.24 100.21 *100.22 1951-1953 2%s_. Treasury 100.28 "101.2 101.4 "101.2 101.4 *101.2 101.4 *101.2 101.4 *101.1 101.3 *101.1 *100.27 100.29 *100.27 100.29 *100.28 100.30 Feb 105.4 Jan 102.30 Aug __ *104.2 104.4 100.27 Dec Sep 102.18 Feb 22 1 2%s_. 1952-1955 "100.26 100.28 *100.26 100.28 *100.27 Treasury 102.30 2%s 2%s 1954-1956 "103.26 103.30 "103.28 104 *103.30 104..2 *104 104.4 *104 104.2 1956-1959 "102.10 102.12 "102.12 102.14 *102.13 102.15 *102.14 102.16 •102.17 102.19 *102.20 102.22 1959-1962 "100.29 100.31 *100.31 101.1 *100.31 101.1 *101.2 101.4 *101.7 101.9 *101.7 101.9 101.6 Treasury Treasury 2y»s 101.3 Jun Jan 101.8 103.9 9 Jan — 100.21 Dec 15 100.29 Aug 11 — Jan 100.31 July 28 .1 _ 101.18 Feb 101.18 IIII II Feb Jun 2s 2s Treasury 2s 2s Jun Dec Bank Reconstruction & "100.24 100.26 "1C0.27 100.29 *100.28 100.30 *100.30 101 101.5 "100.9 100.11 *100.9 100.11 *100.9 100.31 *100.9 100.11 *100.9 100.11 *101.9 100.11 "100.12 100.14 "100.12 100.14 *100.12 100.14 *100.12 100.14 *100.12 100.14 *100.13 100.15 1952-1954 "100.17 100.19 *100.17 100.19 *100.17 100.19 *100.17 100.19 *100.17 1952-1954 "100.20 100.22 *100.20 100.22 *100.21 100.23 *100.21 100.23 *100.21 100.23 *100.22 100.24 102.12 *102.10 102.14 *102.14 102.18 *102.16 102.20 *102.16 102.18 *102.16 102.18 102.4 *101.24 1953-1955 — International 1959-1962 *101.4 1951-1955 Treasury Dec *101.3 1951-1953 2%s 2s Treasury Feb Treasury Treasury Treasury 100.17 101.8 "102.8 100.20 *100.18 100.19 for Development Jan 103.18 Deo 102.6 Dec 103.20 Jun 5 102.4 101.28 101.28 101.28 101.28 *101.24 102.4 *101.24 102.4 2s serials of '50 due Feb 15 1953 "99.24 100.24 *99.24 100.24 *99.24 100.24 *99.24 100.24 *99.24 100.24 *100 101 2s serials of '50 due Feb 15 1954 99.11 "99.24 100.24 *99.24 100.24 *99.24 100.24 *99.24 100.24 *99.24 100.24 *100 101 *99.8 100.8 *99.8 100.8 *99.8 100.8 *99.8 100.8 *99.16 100.16 *98.16 100 *98.16 100 *98.16 100 *98.16 100 *98.24 100.8 25-year 8 3s "101.24 1972 2s serials of '50 due Feb 15 1955 "99.8 100.8 2s serials of '50 due Feb 15 1956 "98.16 100 2s serials of '50 due Feb 15 1957 "97.24 99.16 99.16 *97.24 99.16 *97.24 *97.24 99.16 *97.24 99.16 *98.20 *97.8 98.24 "97 98.16 *97 98.16 *97 98.16 *97 98.16 *97- 2s serials of '50 due Feb 15 1959 "96 97.16 *96 97.16 *96 97.16 *96 97.16 *96 97.16 *96.8 97.24 96.24 ♦95.8 96.24 *95.16 97 2s serials of '50 due Feb 15 1960 asked price. and "95.8 96.24 *95.8 96.24 *95.8 96.24 *95.8 2s serials of '50 due Feb 15 1961 •Bid "94.16 96 *94.16 96 *94.16 96 *94.16 96 *94.16 96 *94.24 96.8 2s serials of '50 due Feb 15 1962 "94 95.16 *94 95.16 *94.8 94.20 *94.8 94.20 ♦94.8 94.20 *94.16 95.24 96.24 Mar 23 No sales transacted this day. a Odd lot transaction, r Registered bond transaction. RANGE Friday Interest BONDS New York Period Stoc^ Exchange Last Sale Price FOR WEEK ENDED JANUARY 1!) Friday Week's Range or Friday's Bid & Asked Low High Bonds Sold No. BONDS Range for Low Ho.'T,r, " High ' : ■ '.»;»..V ' No. Stock Corporate June-Dec 1980 120% 119% 120% NO. series NO. 11 series No. '"V 3%s series No. 13————— series No. 14 series NO. 15— series No. 16 17——— —June-Dec 18 series No. 3%s series No. 19———-- __June-Dec 3%s series No. 20 —June-Dec 3%s series No. 21——- . — No. No-. 23 No. NY 1-1693 Broadway, New York • 24— —June-Dec a — jAGuaranteed sinking AGuarar.teed sinking Feb-Aug 1948 6s SAExternal sinking fund 7s SAExlernal sinking fund 7s 5 AExternal AExternal AExternal AExternal 90% Belgium 55% 55% 46% 55% 55% 46% — — —June-Dec *74 —June-Dec 74 27 23 No. 30 (City) —June-Dec — 55 46% 55% 47 55% sink sec fd 3rd 7s C ser ser Jan-July . 38% 39% 76 33% 99% 99 100% 18 98 104% 99% 99% 100% 278 96 104 35 87 98% 91% 17 87% 97 % June-Dec 91 91 91% 21 87 97% June-Dec —— ——„ . 91% Feb-Aug 1962 91% 91% 90% 92 >/4 91% 76 89 42 103 % 104 13 87% Jan-July June-Dec 110% 110% June-Dec "80 Stamped pursuant to Plan A (interest reduced to 3.5%) 1978— June-Dec ! AExternal s l 6%s of 1926 due 1957 April-Oct 60 "80 (Kingdom of) External iABrazil sinking (U 6s 1955- fund 7s 1955 external 8s 1941— of) S 40% 91 - - _ 1966 3%s 38% 55% June-Dec 1967 3%s 46% 55% Jun-Dec 1955 1957 3%s 46% 55% Jan-July Feb-Aug external 5s 1958 5s 53% *55% 1957_April-Ocf bonds 1978— $ 55% 2%s 2%s 25-year 25-year sinking fund 5s 1957_ Cauca 1974 1975 (City) Val (Dept 8s of) 100 .—Feb-Aug 1973_Jan-JnZy -Jan-July — — Mar-Sept ——— Mar-Sept 1954 Jan-July 30-yr 3s s f $ bds 1978_Jan-juZy — 38% 101% 1 88 84% 98% 96% 100 A6s sinking assented Feb 38% — „Feb-Aug — sinking fund 6s Sept 1961- -Mar-Sept A6s assented Sept 1981——-—— ..Mar-Sept AExternal sinking fund 6s 1962 — _April-Oct A 6s assented 1962—— April-Oct — A6s assented 6s 1963 -May-Nov -May-Nov 1963 98 104% 97 104 % *100% 101% 16 39 38% 33% 40% 104% 43 102% 107% 29 100% 103 101% 101% 45 100% 101% 104 58 20 40% 51 36% 36% 1 28% 37% 50 50 2 36% 51% 36% 36% 2 28% *49 __ — — 37% 36% 10 50% 28% 38 51 ' *49 36% 36% *49 — 36% 37% 52 36% 7 — 2 28% 54 50% 28% 38% 50 — 46% 51 36% — 36% 1 28 37 % 50 50 1 39 49 28% 38 *49 *36% — — — 70 85 73 86 60% 52 % 65 85 73 85 For Financial Institutions * Stamped pursuant to Plan A reduced AExternal 3.375%) to 6%s f s of (interest April-Oct 1979. due 1927 1957—_April-oct Stamped pursuant to Plan A (interest reduced to 3.375%) 1979_____ -April-Oct A7s (Central Ry) reduced to 3.5%) External 3%s to 3.375%) 64% 54 71% 59 59 51% 70 77% 78% 67% 81% 58% 58% *80 *59% 1951 April-Oct Q ARL MARKS & P O. INC. FOREIGN SECURITIES SPECIALISTS (Plan B)— ! 13 series No. 1 3%s series No. 2____ June-Dec 74 74 4 65% 77 3%s series No. 3—| June-Dec 73% 74 12 65% 77 3%s series No. 4 June-Dec 73% 73% 1 65% 77 3%s series No. 5_ June-Dec 74 74% 7 65 % 83% 3%s series No. 7 June-Dec "72 70% 79% 3%s series No. June-Dec 77 67% 80% For footnotes 1 , 8^. see page 27 MARKETS (interest 1979 dollar bonds of 1944 SECURITIES FIRM TRADING (interest —June-Dec due Stamped pursuant to Plan A reduced 65 FOREIGN 90 June-Dec 1978~ funding bonds of 1931 52% 76 June-Dec 1952— Stamped pursuant to Plan A 5% 58% *80 _ __ 78% 50 Broad St., New York 4, N. Y. Telephone HAnover 2-0050 37% 45% 91% 60 38 36% 116% 75 60 35 36% 38% 38% 50 AExterenal fund 78 78 65 17 36% 1961 — —Feb-Aug ARy external sinking fund 6s Jan 1961..-Jan-July A 6s assented Jan 1961 —Jan-July sinking 78 78 66 __ 1 101 1 AExternal 1 *49 -April-Oct —; fund 6s Feb 1961— ■ 108% 107% assented I960—. — 74 *60% — (Republic) external s f 7s 1942—._May-Nou §A7s assented 1942 —— AExternal sinking fund 6s I960 -April-Oct AExternal 76% 101 % 101% 104% i AChile A6s ■—' 64% 65 » *72 —Mar-Sept (Dept of) 30-yr 2s s f $ bonds (Dominion, of) 3%s 1961— A Carlsbad 75% 74 ' — 29_ NO. . 64 68 8 73 72 4— 55% 46% *55% 3 Vis 15-year 55% *55% (Commonwealth) 10-year 3!4s 1956___ 20-yar 55% *55 % Australia 20-year 97% 1945—Jan-JztZy Antwerp (City) 10-year 1945—Jan-JuZy 79 85% 90% 80% 71% *77 sinking fund 7s ser D 1945—Jan-JnZy sinking fund 7s 1st ser 1957_April-Cct sec sink fd 7s 2nd ser l957_April-Oef 3s s f 30-year B ser 75 *77 April-Oct 1947 fund 6s fund (Kingdom of Norway) 4s 1968___Mar-Sept lAAntioquia (Depti collateral 7s A 1945 Jan-July 72 *73%. Canada Akershus 76% 68 —June-Dec Caldas Municipal and 78% 63% 75 Sinking fund gold 5s 1958 (Colombia)— 10 65% *73% series 80 74% —June-Dec series 76% 70 74 73 73 —June-Dec 3%s 75 67 -- *72 % 25—— No. 77 *72 — June-Doc 26—— Brisbane Government „ No. No. 75 78 __ No. series 65 65% 64% »' * series series 75% 68% •J— series 3%s I 77 3 *76% —June-Dec — 22 series series 3%s Foreign — *72 : —June-Dec — series 3%s 3%s •• Agricultural Mortgage Bank *73% ■' 63% 64% 3 73% 73 % 73% . 78 2 . 78 *72 3%s ' Teletype Members New York Stock Exchange 120 ' 3%s Wertheim & Co. 66% 73 % 73'A ' 3%s 3%s --■ , 80% 78 4 75 73 % 73% —June-Dec . 78 66 73% -.June-Dec No. 80% 67% *72 73% June-Dec High 63% 75 __June-Dec Low 69 *76% — — —June-Dec a Year 1950 No. 80 *72 series 3%s Range for Sold High June-Dec —— ,— Low *72 — Bonds Friday's or Bid & Asked 75%* 3%s Telephone *-1 *72 3%s REctor 2-2300 r Week's Ra nge —June-Dec — 3%s * ' . —June-Dec ———- 3%s Foreign Securities , —June-Dec 12 " „ * L——— 10 3%s {'6 117% series 3%s 3% 108 series 3%s Transit Unilication Issue— Sale Trice —-— 9 3%s 20 Period *i ' ' Last, Interest v , New York Stock Exchange t Year 1950 York City New 10,000 99.24 98.16 2s serials of '50 due Feb 15 1958 96.24 Mar 23 1,000 101.3 100.29 Treasury 100.13 Bonds ($) 101.9 -1955-1960 102.19 Apr Feb the Week Jan.19 Low "101.11 July 101.12 Sales for Friday Jan.18 Low High 3s 27/BS Treasury Treasury Treasury Treasury Oct Low SALE Wednesday Jan. 16 Jan. 15 Jan. Hi HIGH Tuesday Monday, Saturday STOCK EXCHANGE 11 Jan 104.8 108.4 13 110.23 Mar 102.31 101.30 Sep 11 Nov YORK (399) ; Teletype NY 1-971 23 24 The Commercial and Financial Chronicle (400) . . Monday, January 22, 195JJ . NEW YORK BOND RECORD RANGE FOR WEEK ENDED JANUARY 19 Week's Ranee Friday Interest Last Period BONDS New York Stock Exchange Sale Price or Low Chile (Republic)—(Cont)— „ E'xtl sink fund dollar bonds 2-3s 1993—June-Dec ASinking fund 6%s 1961 assented 1961 A6s assented Consol A7s Ryj — 50 — A 7s 28% 7s 38 36% 50% 28% , 50 39 28% reduced 38 3% / 6 of 1928 of 1927 Jan Oct April-Ccf, Jan-July sinking fund dollar bonds 1970—April-Oct #AColombia Mortgage Bank 6%s 1947 April-Oct — , SASinking fund 7s of f ASinking 7s of fund *87 92 78% — 1961 *87 92 79 % 47% 48 due 1927 May -Nov 1946 due 1947 (City) 5s 1952 25-year gold 4%s 1953 — Feb-Aug — 72 72 69% Afay-Nov May-Nov ACosta Rica (Republic of) 7s 1951 (Republic of) 4%s external 1977—-June-Dec Cundinamarca (Dept of)— 30-year 3s sinking fund $ bonds 1978 73 31 317/8 31% 38% ~ 90 62 39 6%) extended to External gold 4%s El Salvador 40% A7s extl f s Great (Republic of) 1st A6%s 94 85 88% ;43 75% 7 9'/a 81 75% 83% 134 70 > 41% 67 55 ASilesia 101% 85 7s Elec & Jan-July Jan-July Jan-July Jan-July 1970 1 1976 1967 1944 mtge .1950 gen 80 55% 64 __ *53% 55% 49% 55"% Helsingfors (City) (Republic) — > *8% 13 8% 11% __ 50 51 44% 47% 47% 45 — 8 Feb-Aug — . A5%s Tokyo extl 6%s f s 8 6% 8 6% 13 % 8 6% 11% April-Oct 1977 — 73 8 73 Jan-July 1960 l-3s 8 A External Altaly 7s 1% to 3% 1977 — 31 32% 7s %s extl loan AJugoslavia of '30 s f $ bonds , 62% 75 3%-4-4%s 43 external 55 31 27% 49% 29% 31% 95 52% 51% 53 ll 41 % 41% 62 51 71 Valle See 61 60% 62 92 52 51 53% 95 44% 10% 10% 3 7% __ *53 — Jan-July Yokohama 65 A 6s 60 60 46% 4-J.i A4%p small agreement) ANew assented (1942 ASmall 1968 agreem't) 1968__Jan-July (Republic of)— fiA5s of A 1899 due A 9 5% 13 (1922 agreem't) A assented (1942 1963)-Jan-July Large 14 __ __ 1904 (2922 A4s * agreement) new §A4s of assented 1910 inent) assented 1954 (1942 agree't) (assented to 1922 new AmA « SATreasury agree- , .« 8% I. '■ 8% 25 12% 12% „ (assented to assented 12% 12% 1922 (City of) Mlnas Geraes 13% 14 12% (1942 agree't) II 1963-Jan-July 6%s 1952 *15% reduced to 2.125%) 16% Stamped pursuant to Plan reduced to 2.125%) *— 12 59 16%, 46 35 Vo 48 35 35% 6 32 May-Nou 37% — 98% 98% 2 96% 102% 96% 96% '8 89 % 100 95% 96% 1959—Mar-Sepf 1963 — 95% Feb-Aug 5s 1970„June-Dec 1953 6 . reduced ( to epublic loan extl Plan 2.125%) oi> s f 6s A '6 86% 1st 7s 25 88% series s f 6s 2nd series (Republic of) gold 6s 1940 A3/3S assented 1958— AStabilization loan sink fund A4%s assented AExternal 4%s 96% 4 94% 99% sinking fund 41'A 5s 37% j" 4s 4%s gold AExternal to (City of) to Plan Plan to 1946 A 1921 pursuant reduced external Stamped reduced tc to 2.5%) to For footnotes 2%) see to 2012 page 27 45 51 150 151 134% 139% 142 ■ ' • *140 __ — — 99% 6 6 94 95% 91 91 91 91 *4% AND 45% 138 142 82% 94 3 86 92% 1 81% 93 18 86% 97% 5 77% 82 3 INDUSTRIAL 10 7 13 50 40 *103 104% 103 105% 105% 103 April-Oct *83% 2 104% 107 10 103 102% 104% 87 84 74 99%. 99% "5 98% 98% 98% 5 90% 99% 100% 100% *100% 2030—Afar-Sept — 96 94 96% 294 98% 98 98% 69 , 88 101 99% Co— Fcb-Aup April-Oct 99% jan-July 99 95 June-Dec 108 100 94% 105% 115% 7 97% 100% June-Dec 9 100% 103 % 98% 100% 100% 113% 110 June-Dec 106% 106% 106% June-Dec 123% 120 April-Oct ; - r : 105% 107 % 404 115% 130% 28 99% 101% 46 1017/8 104% 36 103 105% ' ' 76% 95 _6 30 95 87% 80 85 128% 129 Aprif-Oct 121% 23 123% *88 % 108% 2,145 / /102% 102% 103% 104% 1995-—...Quar-Jau / 114 99% 100 103% 101 % 98 95 79 1,224 98% Feb-Aug 1962—Acrif-Oct V 98% 72 95% June-Dec 3s 100% 97% 104% 108% April-Oct April-Ocf 93 r 129 May-Nov A 7% 4% — COMPANIES April-Oct 1 * 6% 44%' 46 1972—Jan-July 120% 120% 125% 131% 119 8 121% Ry— July 1964 May-Noy Mar-Sept 1952_ —June-Dec Dec 1996— and general mortgage 50 48 Pittsburgh Lake Erie Refunding 4s series 38 S'western 1 31 50 31% 31 % 31% 38 22 32 31% 31% 32 23 22 % fixed *5% — — • 12 22% 8% *5% „ — 3 6 .-5% 12 *5% 14 6% 4% 7 6% 7 16 6 6> 5% 6 48 5' 31% 8% 8% 15% 9 10 9% and Series A4%s 32 31% June-Dec 2000—j 1 100 34 1995—. 1 83 . 1 March 35 31% • - 102% 105% 102% 102% 16 102 104% 106% 107% 32 101% 106% 106% 12 102% 105% 100% 101% 16 100% 102% *104% 107 __ 108 A A *38% - Jan-July April-Oct April-Oct „ 36% 3%% J due div contingent Dec convertible 6% 39% 39% First lien 1 Feb & West A ref B.angor & Oroostook ;isc mtge '4%s Beech M 4s 34 _ 34 81 % 81% 37 65% 90 549 43 % 68 81 92% —June-Dec 91% 92 .__May 70% 69% 71% 94% 94% 95 30 1980.Jan-July 86% 85% 86% 99 88 88 2010.. series D 1985-Jan-July 1976—L Jan-July *57% - 42 43 48 48 48 — 34% 34% (interest :— June-Dec 95% 54 61% 38% 46% Gas 4s JJ 1961/ debentures .General mortgage 2%s 1st mortgage 3s 1980 Buffalo Rochester & Bush 38% Bush Terminal Consolidated Tpr^innl 167 93 2 116 116 97% 12 97% 99% 101% 101 % 34 100% 102% 97% 101% 101 % 1 100% 102 104% 104% 15 103% 105% f Co 5s 92 92 1 1 87 87 86% 84 86% 71 66% 71 *103% 104 first 4s W"" 1952 April-Oct 1955 BuUdinp* "ti 1960 — 7 100% 101 5 101% 101% 81% 80% 81% *97% 132 Jan-July fw — 104% 104% 100% mtge 2%^ 1975.Afay-Nov l-9rT 39 182 ; 100 --April-Oct *104 101 104% 75 89 102 , *109% 109% April-Oct Jan-July Jan-July 96% 122% ' 97% 101% Pittsburgh Ry— Stamped modified 4%s 50% 95% 100^ 100% 1969—Mar-Sept 1976_—_— Niagara Elec first Buffalo 30% 86% 87 RR— mortgage 4s series RR 1960 Jan-July AInc mortgage 4%s series A July 1970—May-Noy Bristol-Myers Co 3s debentures 1968: April-Oct 43% 93% 116 mortgage series 5s AC 1967——Mar-Sepf mortgage 5s series II 1955— M Union 64% 72 2 RR— conv mortgage 2%s series I 1970„.___Jan-July Consol mortgage 2%s series J 1976 May-Nov Consol mortgage 3s series K 1979 Jau-July Brooklyn • ftv mortgage 4%s series 37% 81% 55 54% First 31% 55 77 53 Bethlehem Steel Corp— Maine 308 81% Virginia— Creek & 82 81% Extension first 3%s 1951 April-Oct Bell Telephone of Pa 5s series C I960—April-Ocf Beneficial Industrial Loan 2%s debs' 1961.Afay-Nov Boston 80% May -Nov 1 1980 rr.ortea"<> 80% 80% First 50 98% 100% interest) — 1995— income first and 84% 80% 55% 41% 82 80% 38 33% 78 260 80% 32 42% *46 V? 97% (2%% First „ " June-Dec 40% 98% 100% 102% Afar-Sept 48 36% *55 (interest April-Oct 37% 98% _i.Afar-Sept (3%% fixed &1%% contingint) ;;Toledo-Cincinnati division First Feb-Aug 1999_— Plan 4 *134% 82 3%s March 32 (interest sinking fund gold 1968 pursuant 51 *151 — May-Nou Series M due ; 4 — Feb-Aug 1946 Plan 50 50 — contingent interest?)— due 33 (interest April-Oct A reduced to 2%) 2012 Rio Grande do Sul (State of)— 5A8s external loan of Stamped 53% Feb-Aug due 36% A 1953 Plan G K 96 % A 2001 6%s pursuant 8s Plan 2.375%) secured Stamped to 41% Consol to 2.375%) 2001—-Jan-July pursuant re;)need 3% Series Series 61 34 — 1950—Jan-July jan-July (intetredTOdtoWSWm Stamped fixed and .» 44 _April-Ocf 8s stamped pursuant to fARlo de Janerlo 84 82 • 42% Afar-Sept Mar-Sept Mar-Sept I960—June-Dec 1961—April-Oct 1963— B1/(lnt"e0st reduced 1966 49% 99% 1995 36 — April-Oct (City of)— stamped pursuant 7%s 47% mortgage 4s series A July 1975 April-Oct mortgage 5% series B <4'^ i xeu 1% contingent interest) July 1975.April-Oct Refunding and general mortgage 5 % (2% Ref Porto Alegre 1961 50 48% — 1966^——1 95 — April-Oct 1947—April-Oct 7s 1968— assented 32% and 99 96% 1959 loan extl fAPoland 14 First 100 90% (interest 2008 external 36% Baltimore & Ohio RR— 99% 95% 90% - ApriZ-Oct 1947— 88 95% — Afar-Sept May-Nou loan (30-yr) 1958 (City) sinking fund 4%s 1955—. JAPernambuco (State of) 7s Oslo to 36 38% — . pursuant 52 — First 1957 1957—...April-Oct Stamped 47 40% mortgage 4%s-4s ser A 1980—Afar-Sept Atlantic Refining 2%s debentures 1966 Jan-July 49 — 33 (interest Municipal Bank extl sink fund Oriental Development Co Ltd— fi eXtl Aoan <3°-yD A5%s extl 40% 18 y 35% Mar-Sept A 4s sinking fund external loan 3%s sinking fund external a 49 12 46% 1967 Telegraph gold 4s July .General unified 61% ' 40 45 June-Dec •First mortgage 3%s 1963__ Atlantic Coast first consol 4s 16% 11% 10 37 99% Topeka & Santa Fe— General 97 45% Jan-July 1958 3%s Stamped 4s July 1 1995 Atlanta & Charlotte Air L> — —.-Afar-Sept External sinking fund 4%s 1965— April-Oct A6s first Products Co Atchison 12% 49 — Mar-Sepf 2008- (Kingdom of) 3%s Norway (Kingdom of) 4%s 1956 - Arbor 9 90 — 1975 W 14 4% — 1978—Feb-Aug 1980 P 50 7 • "i' 2008 sinking fund 6%s Netherlands 8s 7s American Tobacco Co debenture 3s debentures 1969 12% 7% 16% 161/4 April-Oct (State)— ASecured extl . 8% 95 ASecured extl sinking fund 8%s 1958—Afar-Sept Stamped pursuant to Plan A (interest f & 2%s debentures Ann — 30 91 95% 1979 Gen AMilan ANat , 8% i — ., 10 Jan-July A8ma11 AP"U 5% 41 7 — Afay-Nov Afay-Nov 1978—June-Dec 2%s debentures 1987— 2%s convertible debentures 1957 3%s debentures 1973— / 3%s convertible debentures 1959_ ! 2%s debentures 1971— A agree't] 1963—Jan-July (1942 ASmall new . ~~ 6s of 1913 agreement) 1933 A6s — 13% Jan-July assented a11 14 9% 9% 1968—Jan-Jury 1945 14% 11 June-Dec ASmall A4s 10 *12% to due 14 «i3 __ of 1937) 1979 2%s debentures 1986 2%s convertible debentures 1961 2%s debentures 1982 ASmall A4s 5 ' 1964— 5s 1945„Quar-Jan agree't 6s mortgage Telephone deductions 13 *88% — Feb-Anp 1961 2%s Large new '26 first ASmall A5s of Southern " 47 73 ' ' Power k 14% 5 Feb-Aug Great American 14% 7 — 1956—Mar-Sepf Quar-Jan 7 16 *7 American Airlines 3s debentures 1966 June-Dec American Bosch Corp 3%s s f debs 1964—May-Noy American & Foreign Power deb 8% . 1915 Large ASmall 5 A 5s assented 8% — ; 14 46 — May-Nov Afay-Nov Albany & Susquehanna RR 4%s 1975 Alleghany & Western 1st gtd 4s 1998 Allls-Chalmers Mfg 2s debentures — Mexico 1946 RAILROAD > ' 12 59 (Dept of) Alabama 1943_May-Noy 1943 8s 1958 Alabama (1922 85 11 5 June-Dec 1960 55% 34% 72 -'-v- 65% Mar-Sepf 6s external loan 73% 10% Jan-July (City of)— extl 85 % 58 10% Afar-Sept external readjustment Valley 73% 77 64% — ——April-Ocf 16% 38% 38% — 53% ,* (dollar bond of (City) 60 Ltd— Cauca Cauca AWarsaw Mexican Irrigation— SA4%s assented Del 6 -- 79 — — June-Dec 1945 conversion 88 66 0 Jan-July 3%-4 %-4/gS external conversion 4-4 %-4 %s external readjustment 3%s external readjustment 1984 62 ?7% 49 June-Dec 1978 1958 1961 sinking fund AExternal sinking fund 28% 30% Feb-Aug —_Afay-Nov 1957—Aprii-Gct 1965 (State 30-year 3s mtge s f A4%s assented Mtge Bank) 7s (Colombia) 6%s 1954." AMedellm 1st 4 June-Dec 1951 Japanese (Imperial Govt)— A6%s extl loan of '24 1954 A 5 '27 77 77 66 *59 June-Dec 1971 of 62% 80 __ June-Dec AExternal External 30% — 65 Afay-Nov 1952 Co 65 "l 79 — lAfay-Nov 1962 7s 75% 54% — 69% 79 Ltd— mtge $ ser 1953 Electric Power Co Ltd— 104 Jan-July Jan-July 1952 (Kingdom of) 7s 60 *64% — Jan-July Jan-July 1968 Co 68 68 (interest 1st Ujigawa - Credit Institute f s 57 — *54 — Jan-July Mar-Sepf A 2004— external 5AUruguay (Republic) Italian Credit Consortium for Public Works 1% to 3% 1977 Jan-July §A7s series 3 1947 Afar-Sept Italian Public Utility— - (40-yn — 1 — : Jan-July (City of)— A6s 49 -- ■ 61% — ■ A fterling loan of '12 1952 Tokyo Electric Light Co Ltd— 51 ; ' 58 41% 47 — (interest A5s May-Noy external Italian Plan 1999 1953 A5%s extl loan , * 55% 42% 34 80 58 Afay-Nov 1956 loan Power 7?% 63% Jan-July part paid 1964 part paid 1968 A 6s Electric 79% *62% __ Government—« A7s 1957 (interest 1999 loan f s of) *76% __ A Greek mtge 48% *1 48% — t High 33% 2 39% 48% — May-Nou to 2.5%) Power assented — 39 e__ -- Afay-Nov Sydney County Council 3%s 1957 Power— mtge series A 1st 1976 1 June-Dec April-Oct Jan-July dollar (Prov A4%s Low A 92% Feb-Aug bonds Jan Consolidated A7s 53 88 86 — Taiwan dollar bonds Jan 1 f dollar bonds Jan s f dollar s AEstonia 1962 *47 91% Feb-Aug April-Oct to 2.25%) Electric 1st -- 39 May-Noy series B secured external A6%s Jan-June — Stamped pursuant to Plan A (interest reduced to 2%) 2012 April-Oct Serbs Croats & Slovenes (Kingdom)— A 8s secured external 1962 , Year 1950 No. (interest A pursuant 2.5%) to Range for Sold High — water external Shinyetsu April-Oct 1942 external A6s , (Republic cf)— 3%s cxtl 3s extl 1960 20-year external 6S gold 5%s 1955 External to reduced .114-,; 33% May -Nov 2012 Stamped pursuant to Plan 33% 108 A7s , 87 19% 9 2 2%) stamped reduced 53 33 ,, A Stamped pursuant to Plan A 52 66 32 111% 112 — Jan-July 47% to (State of) 1936 50% Czechoslovakia (State)— Stamped assented (interest reduced to 4s extl Bonds — 2.375%) 2001 secured sinking fund (interest reduced A8s external 1950 53 48% 76 67% Cuba IA Denmark 8s 90 40% Range Friday's (interest to reduced 90 , 47% *52 June-Dec 1926 Copenhagen 10 48 /a *52 *52 — or Bid & Asked June-Dec Stamped pursuant to Pian - 1961 3s ext - A6%s , 7 (Republic of)— A6s A6s 1966 A 2004 Stamped pursuant to Plan 51 -- 2.25%) 1967 37% • loan of 1926 due to stamped pursuant to Plan (interest reduced to 2.25%) 2004 ARome (City of) 6%s 1952. ASao Paulo (City) 8s 1952 51 28% external reduced 37% 39 55 Sale Price (State of)—(Cont)— Stamped pursuant to Plan < — 5 V 51 — 50 *36% — 50% 37% 37% *36% _Mar-Sepf June-Dec 1951 5s — 38% 40 -- Week's Last Period Low San Paulo Colombia - 3b/2 49 *36% 49 — — _Mar-Sepf 1960 (Hukuang — 26% - Afay-Nov Municipal 7s 1960 assented 84 Friday Interest Exchange High 28% 49 Afay-Nov - AChinese Low New York Stock Rio Grande do Sul 35% April-Oct April-Oct 1962 No. 51 «— BONDS Year 195# 36 /a June-Dec 6s 1961 AGuaranteed sinking fund 6s 1962 AChilean 35% 49 —' . June-Dec 6%s assented 1961 AGuaranteel sinking fund A 6s 35% — June-Dec Range for Sold 0=5' June-Dec AChile Mortgage Bank 6%s 1957 A6-/2s assented 1957_. Bonds ■ High .... _ ' Friday's Bid & Asked 103 77% 81 69% 84 " 44 67% 103 102 105 % 105% \ 46 •* 102 % 100% : 99 y» 103% 61 101% 97 104 81 102% 105 106% Volume 173 Number 4979 .The Commercial and Financial Chronicle (401) 25 NEW YORK BOND RECORD RANGE FOR WEEK ENDED JANUARY 19 Friday BONDS Interest New York Stock Exchange Period Week's Range Last » Bid & Asked Low California Electric Power first 3s 1976 California Oregon Power 3Vis 1974 ' •Canada Southern consol gtd. 5s A 1962 ' Canadian National Ry— * Guaranteed gold 4 Vis June-Dec Guaranteed gold 4Vis 4% f 4s debs series A 4s conv stock Corp series t 107 a 12 111% 116% 6 109% 114% n 109 114 11 ,108%'; 101 3 Vis debentures debentures (1947 101A v 101% 105 100% 101% - V 92% 125., 95 123 . 74 125 145 *105% 106% 70 _April-Oct 103% 70 */' . 102% 102 : 101% 105 Champion Paper & Fibre deb 103% 77% 77% 75% 62 31 May 87 3 64 75 79 80 243 39 —Jan-July 57% 55% i ..April-Oct 57% _Feb-Aup Feb-Aug Jan-July 1965 3s *103% — r 1992 48 104Vi 12 100 6 103% 107 114 9 110 5 107'A 2038 100 A ser 99 101 36 569 ' ' ■ mortgage moftgage 73 % 70 98 91 51% 65 i?. 504 54 l 70% ' 73% .. ■ ■ *99% 100% gold General 5s 4s 88 »A 50% • 98% 1st mortgage 1959 1966 101'A 101% i mortgage 2%s *102'A — 93% 99% .76 67'A 105% 105 'A 93% 93% 20 102 % 25 92% 99% 100'A 18 99'A 101 7 100% 104 99 Vi 101 102 102 1 99% 99% 73 i 106 % 96% 102 'A 102% 111 152 109% 106% 112 109% 110% 107% *109% 110 *150% 150'A — — 104 *104'/a 105'A 80% 81'A *99% 8 63 97% — 95 96 »A 81 8 95 Ve 96'A 98% #■— . 82% 98% 94% 94% 80 5 *99% 100 100 *100 1971—Mar-Sept 98% 100% F of ACertificates 100 103 106% 104 Goodrich General — 98 94 June-Dec ~ 103'A 99% * June-Dec ; 92 % , *— 104% 31 105% 105% 72 107'A 102 —— 1st > 31 96% 25 105% 96 101 % 103 Feb 103% 107% 125% 129 5 118 125 7 96 102% 49 95'A 102 % 5 90 3A 9 103% 103 __ 122% 122% - 100% 100% 101'A 95 95 95 I /"• *84 98 *80 26 mortgage 26 101'A 101% 1959—_—April-Oct *103 % 105'A 67 7% 37 ...v. 4 mortgage 2%s First mortgage *86'A 74 __ 75% 33 100 73% 75% *98% 108% 61 88 103% 99 99% 77 104% 100% 104% *102% 103 103% 105 *101% —June-Dec June-Dec 1979 75 23% 104 102 *— —Jan-July 2%s 1980-— 102 103% 106 __ 89 *102 1976—-Map-Nov _ApriZ-Oct —— 97% ' 1978————r 3s 1969 87% 94 ' ■ Ohio RR— 1st mtge 96 79 85 23 ■ 86% "95 1 . , 102 102 — 100% 105% 105 IS 68% 8 100% 100'A and debentures 3s 102% 104% 104 % : Fist 89 »A 10 *103'A 103'A Feb certificates B—— Gulf States Utilities 2%s 107% ' Mar-SepZ first gtd 4'As 1961—AprZZ-Oct 80 80 • 106% 106 101 57 22 71 69'A 71 106 Jan-July N 1990 Jan-July O 2000——Jan-July P 1982 Jan-July Q 2010——Jan-July R 1961—Jan-July refunding 4s series B 1975——Jan-July General mtge inc 5s series A July 2015 April First and refunding 3%s series D 1969—April-Oct General mtge inc 4s series B Jan 2044 April Collateral trust 3%s 1968— —Jan-July First 90 59'A ■ 104 79% series series series series series Bay & West debentures ctfs A„ Gulf Mobile & y2% 98% ■ — 78 1976— series D Greyhound Corp 3s debentures 99 75 15 4'As ADebenture 102 96 i>jJA 2 A Green 110% 100'A — 95 *100'A 79% 103% 122% 3'As 3%s General mortgage 2%s General mortgage 25As General mortgage 2'As 104'A 110 ' 80% «v 95'A 95% Jan-July General mortgage General mortgage 100% f 101'A 101'A Jan-July Jan-July 1973 C General 95 98 *92% series 5s 106 8 ■ 104 82% y»<b 1965_—Map-Nov Great Northern Ry Co— General 5'As series B 1952—* V 104 *100% 100% -- Co first mtge 2%s (B F) 101% 11 a* Mar-Sept v 100% 100% • ?a;.:>-r.■- s^x 9 109'A 110 100 ' 59 60 ■ — ^G 82% 10 ; *79% 101% 87 82 81 102% 104% 5 102% 102'/a _Mar-Sept deposit^ 7 102% 103'A 1961 General Realty & Utilities Corp-r« A 4s conv income debentures 1969 72 — 109'A June-Dec 1985 Short Line 105% Map-Nov {Florida East Coast first-4%s 1959June-Dec A First and refunding 5s series A 1974—Mar-Sept 28 . 102'A 102'A 102'A 1 Cleveland 120% 68 109% 100% 104% 104% June-Dec 1982 110 _5 74 74 ■■ >; Firestone Tire & Rubber 3s debs 89 1 . 101 'A June-Dec 1961 Illuminating 3s 1970 3s '■ 103'A 11 102 104% St Louis Division first coll trust 4s 1990—May-Nov First 1965 103% 72% 8 104'A 104% Refunding and impt 4Vis series E 1977—Jan-July Cincinnati Wab & Mich Div 1st 4s l991_Jan-July Cleveland Electric 74 First consol mtge 3%s series G 2000——Jan-July First consol mortgage 2s .series H 1953—Mar-Sept \ 71% 11 83'A *101 Feb-Aup ApriZ-Oct 1993_ B stamped Railroad Co— mtge inc 4J/2S ser A Jan 2015 April First consol mortgage 3%s series. E 1964_April-Oct First consol mtge 3%s series F 1990——Jan-July >: .94% 101ft 101ft - : V;.v 2 . 89 82% 83 1969—_Feb-Aug 1974 1993— series 167 80 *75% Feb-Aup 1980— General Cleveland Cincinnati Chic & St Louis Ry— General 101 112% 113'A - 1 73% .. Jan-July debentures 10 103% 101% 5 ,.• 49 , 1978 2%s 2%s 85'A 52% 87 *100]g •„ 101ft 101ft 101,5« mtge 2Vis 1975-Apn'Z-Oct Corp 2%s Fuel & 96% 108% 100 »A 101% 101% 112% —Aprll-Oot Feb-Aup 2%s 1979 x:-ix; refunding 4Vis series D 1962_Mar-SepZ Financial —May-Now 196! 30 100% 100% gold 4s 1995 debentures 87% 104'A IS 105% 105 82'A Cincinnati Union Terminal— Ice 105 Mar-Sept _June-Dec 104% 61% z ,.*94; — Jan-July mortgage 2 Vis series G 1963 Jan-July Chicago & Western Indiana conv 4s 1952..Jan-July City Investing Co 4s debentures 86% 100 997/a 957 -;;X "73'A* 69 72% Jan-July mortgage 3 Vis series F 1963 T :_June-Dec 99 96% —Jan-July 1982—May-Sept Ohio Division first mortgage 3'As 129 85 72 '/8 First City series I 112% 112% 69 58 83% 72% —Jan-July series E . 1 112% 112% ' 89 — 103'A 103'A 1999—April 1994—. mortgage gtd 3%s 87 85 April 2018 112% > 10 100 100 __ 1st mortgage 2%s series G 100% 65 174 112% 130'/a 73'A 90 >/« / y6 71'A 68% mtge 2Vis ser A 1980. Jan-July Chicago St L & New Orleans 5s 1951 —June-Dec Memphis Division 1st gold 4s 1951 June-Dec Chicago Terre Haute & Southeastern Ry— First and refunding mtge 2%-4'As 1994_Jan-July First 22 99'A 101% April-Oct 5s ( Erie 40% 9 9'Ax > 90 % 73% 74% 86 99 90% April mortgage 3s series B 1989— Chicago Rock Island & Pacific RR— First - Georgla^dlv first 5s 1956 May-Nov Edison El 111 (N Y) first cons gold 5s 1995-Jan-JuZp .Elgin Joliet & Eastern Ry 3%s 1970 Mar-Sept El Paso & Southwestern first 5s 1965—...April-Oct 81 126% ,x — ; 68 91 % *130'A 99 Jan-July 2019—April First 1st 101% 95% -- — RR— Chicago & North Western Ry— V ...., Second mortgage conv inc 4Vis Jan Chicago Union Station— 78% 75'A *85 Jan-July 99% .East Tenn Va St ; s 2003 105 100 Ya 103% - Chemical 2.35s 1st 101 % 99% 78 April April General mortgage 4Vis inc ser A Jan 4 Vis conv increased series B Jan 1 2044 C I interest) 1st i L ' Jan Chicago Indiana & Southern 4s 1956 Chicago Milwaukee St Paul & Pacific First mortgage 4s series A 1994. 2Vis Jan-July 104 % 12 > *99 April 105 *—1 *11 *101'A 110 % 16 99% 100 Jan-July 76% 107% 112% 107 % 107% Map-Nov 1988 72% 104 % "5 104% 105 . Duquesne Light Go 2%s 1977 114 103% 103% 103 %. 'Dow _ 4 Vis Jan 1 Cincinnati Gas & Elec J 110'A 111% 111% 1997———April 1985 Map-Nov series B mortgage 4Vis inc 127 ;> 86% 81 9 mortgage series A (4%% Gen & ref mtge 2%s ser. J 19853s doiivti oioie* debentures' 1958 1- 120% 104 inc conv 5s inc mtge mortgage — June-Dec ASecond gold'4s 1995-i—— l .June-Dee Detroit Terminal & Tunnel 4%s 1961; Map-Nov Detroit Tol & Ironton RR 2%s ser B 1976_Mar-Sept 104 % 105 % 106% 104 Vi > *111 mortgage 4s inc series A Jan 1983 First *76% Detroit & Mack, first lien, 103% 104 % Mar-Sept mortgage and 85 *. 103% 100 104 Chicago Indianapolis & Louisville Ry— First 84% (3% fixed , 1% contingent interest) 1993 Detroit Edison 3s series :H 1970 104 104% 101% 24 104 % *117 * First 84% 4 . First mortgage series A (3% fixed 1% contingent interest) 1993 133% reiiltidmg 2%-4Vis 82% 1st mtge & coll tr 5s ser A 1985'— —Map-Nov 'v 1st mtge & .coll tr 4 Vis oer B 1985——Map-Nov 4-6S-. Income mortgage , 58 '102 1> . 331% Jan-July 1958— mortgage 3% Income 63% contingent 124 *128 Mar-Sept Chicago & Erie 1st gold 5s 1982 Chicago Gt West first 4s series A • 52 ;" '■■• V Chicago & Eastern 111 RR— A2nd 83% \ Denver & Salt Lake— ^ 105% .101% __ 102% 102 % mortgage 27As 1970—Feb-Aup 1st & ref mtge*3s 1990— V Feb-Aug A 1st Map-Nov 82% 73% 103 % 105% 105% First AGenerai 72 83% trust ■•General and refund 2%s and refunding 4 Vis series B 1977—Feb-Aug ^ First and refunding mortgage 3%s 1985—Feb-Aug AGenerai 94 56% 85 ; >40% 824 *104% 104% .Jan-July First 81 4 A Income "-I Second consolidated gold 4s 1989 Chicago Burlington & Qtiincy RR— 4 6 73% 76,: 85 Refund and impt M 3 Vis series D 1996—May-Nov ReiUnd and impt M 3 Vis series E 1996—Feb-Aup Refund and impt M 3%s series H 1973—June-Dec R & A div first consol gold 4s 1989 First anu 93 72% : x/ 101% 104% 90 99% Denver & Rio Grande Western RR— Chesapeake & Ohio Ry— 4s 92% . Pacific Ry Co— First and refund 3 Vis series A 1974— First mortgage 3%s series B 1968— General 92% ; . 83 Central -: (55 .Delaware Power & Light 3s-1978——1—-April-OCt First mortgage .and coll trust 3%s 1977-Jurte-Dec First mortgage.and coll trust 2%s 1979^.-Jan-July 1st mtge & coll trust 2%s 1980—1 _Mar-Sepf 104% 100% 31 1#- *102 —Jan-July May mortgage 3Vis 1987_ Central New Ydrk Power 3s 1974— 4 Vis 99 May 1 2042 Pennsylvania Xlivlsion— V •, 6*8 101% *102 2020 General General 98 t.'- ' • 58 3 * 101 98% Collateral , 106% 106% 101 New York Lackawanna & Western Div » First and refund M 5s series C 1973—Map-Nov : A Income mortgage due 1993—..————May 108 100% 103% 106 / Z ' 2020 High *101% Delaware Lackawanna & Wfestern RR Co—, 131 105% 102% 103% —Feb-Aup Feb-Aup l Low No. 106 *— Dayton Union Ry 3%s series B 1965.June-Dec Deere & Co 2%s debentures 1965-1-——ApriZ-XJfct Delaware & Hudson 4s extended 1963_ Map-Nov 95 83 27 • n 1 Year 1950 High *— First mortgage 3s 1978———.—1—Jan-July First mortgage-3s series A 1978———June-Dec .Morris St Essex.division __June-Dec 1960 Range for Sold *101% 102% Dayton Power & JLt first mtge 2%s 1975—April-Oct 106% 97% 168 * - 1960 issue) 101% "Mar-Sept AGen mortgage 4Vis series A Jan AGen mortgage 4Vis sferies B Jan Central RR Co of N J— ■<:. 105 100 14 109 % 109% ..Mar-Sept Mar-Sept i960—' B Central of Georgia Ry—' • First mortgage series A 1995 • 105 104 — 111% 111% 109 % 109% § A Central Branch U P first gold 4s 1948—June-Dec • 107 „ ■x.Z - Celanese Corp 3s debentures 1965—. 3 Vis 101A (perpetual) ___Jan-July Carolina Clinchfield & Ohio 4s 1965 Carthage • & Adirondack Ry:— " First mortgage guaranteed 4s 1981 Celotex 109% Feb-Aug Mar-Sept : Bonds Friday's or Bid & Asked low 101% — 104 Vi 111 % June-Dec 1960 inc debs Sale Price High \ * Last Period New York Stock Exchange — ..'.-Capital Airlines, Inc— * Low No. Interest BONDS Year 1050 Ry— debenture conv * 108 Vi Jan-July 1951 High *101% April-Oct : :.i?: Guaranteed gold 4%s, 1955—— Guaranteed gold 4Vis 1956 Canadian Pacific Range for Sold • P —May-Nov 1957 Week's Rang* Friday Bonds Friday's or Sale Price .■ ■ Cleveland Union Terminals Co— First mortgage 5JAs series A 1972 ApriZ-Oct First mortgage 5s series B 1973——ApriZ-Oct First mortgage 4Vis series C 1977 ApriZ-Oct 105 ii 105 A 105 1Jo 23 , 32 105% 105% H 108 48 105'A 105 3% 105 A 106% 2%s 1976—Mar-Sept Hocking Valley Ry first 4%s 1999 iJan-July Household Finance. Corp 2%s 1970 —Jan-July Hudson Coal first sink fund 5s ser A 1962_June-Dec Hudson & Manhattan first 5s A 1957— Feb-Aug Colorado & Southern Ry— 4Vis (stamped modified) 1980 - -Columbus Gas debentures 3s series South B 1964—ApriZ-Oct 1975 first external Edison June-Dec ApriZ-Oct f debentures Pwr 1999— sink fund Consolidated Cigar Corp Consolidated First Edison and refund First and refund First and refund First 5 101% 101% 106'/a 108% 10/% 107% 5 Feb 5s 1957—___—April-Oct Z-*- 104% 105 ■ 99% 39 99% 100% 103'A 23 102% mtge 2%s ser A Co of 102 1982_Mar-Sept 1977_ApriZ-Oct 1963. Bait mortgage 3s series B Central 100% 128% 99% 100'A 35 88% 74'A 75'A 87 63 101% 100% 77% 52 51'A 53% 125 27 56% 100% 101 'A 43 100% 103% 105% 105% 10 105% 106% 100% 101 G 99% — * Collateral 102'A trust gold 4s 1955 Refunding 99% 98'A June-Dec 120% 123 102% Collateral 100 % Refunding 103'A Debenture 103% 106 % 8 34! 106% 140 General mortgage 4Vis 1954- ApriZ-Oct 107 — 11107 'A 1 107 gold 4s 1953 1955— 5s 4%s- 1966——__——i—Feb-Aug r- Gold 3'As Western 110'A 1951 Lines first gold 4s 1 Gas El Lt 1st ref M 27/8s ser T 1st ref M 2%s ser U & (Bait) 1976 1981 2 Vis conv debs 1962 Natural Power Gas 2 Vis ApriZ-Oct — ■ ■ ■- — 101% 104 102 Ve 106 102% 103'A 103% 103% 15 Continental 102% 102% 3 Crucible Steel Co of Am 1st mtge 3'As §ACuba Northern Ry first 5Vis 1942 §ADeposit receipts —: ACuba RR first 5s gold 1952—— §ADeposit receipts — see page 27 1966 Map-Nov June-Dec June-Dec *58 92'A ■ 100 47% 42 *92 —' 95 53 % 30% 81 32% 4 30% 38% 3 33% 38% lOOSi 102 102 101 6 102 104 103% 106 101% 104% 104'A 2 JOl'A 101% 101% 3 104% 104% 104% 6 107% 107% 107'/a 10 100% 101% 212 102% 102% 3 10L:A *100 3*2 * 100 —June-Dec 31 % —_ ■ 31 41 41 41% 41% * • 60 31% ■ ' 105'A 88 102'A 108 100% 102% 100ft 101% 101% 100 '/a 32 101 10011 100 Si 101% 10011 lOOSi 1951—'—Feb-Aup ——Feb-Aup 10011 100 SS 102% loOSi 102 V* •loo si 110 108% 110 122 101% 108% 105% 105% 105% 21 98 % 104% 100% 100% 100% 5 92% 100 First and 5s series A 1963——June-Dec First refund mortgage 4s series D 98'A 96 99% *93 100'A 93 96 99% 97 99% 322 81% 100% April-Oct 50 49 50 133 327/a ..Jan-July 95 91 95 53 75 91 92 22 75 98 % {International Great Northern RR— A First 6s series A 1952— Jan-July ' Jan-July 1946—June-Dec 102% 103% 105% 1963—June-Dec Illinois Terminal Ry 4s series A 1970—Jan-July Indianapolis Union Ry Co— Refunding and imp 2'As series C 1986—June-Dec Joint first refund 89% 23% 21 108% 105% refunding 4%s series C 1963—June-Dec f 39% 60 40 40 —Jan-July §A7Vis series A deposit receipts § A6s series B deposit receipts 1946 For footnetes *99'A 100 — 108 102 Illinois Central and Chicago St L & N O— 124 -- Consumers Power first mtge 2% 1975—Mar-Sept Baking 3s debentures 1965.—Jan-July 106% 11105 2 111% 111% . 106% 11103'A *103% 104% Map-Nov 1968 11103'A 6 103% 103% Jan-July _ApriZ-Oct _ — Registered • — 1 10 *100 A —Jan-July J 106 108% 108% 105% 105'A 1953——Jan-July Omaha Division first gold 3s 1951_——Feb-Aup St Louis Div and Term gold 3s 1951—Jan-July ■ Cn^— trust 104 *106 Louisville Div & Term gold 3'As 110 v V ... 1952 104% 7 4 105'A 105% _ 122'A 3'As 98 " 98'A 4s linese ApriZ-Oct May-Nov Jan-Jtrtp' May-Nov ._May-Nov 1952 ioo ■,99% 12 100'A 101% 101 1978 1981—Jan-July June-Dec RR— Purchased *102% 104% *104% 105 Consolidated 119 — 75% Consol mortgage 4%s-3%s ser A 1979—May-Nov Consol mortgage 5%s-3%s series B 1979_May-Nov Consol mortgage 3%s series C 1974 May-Nov Extended first gold 3'As 1951 -_ApriZ-Oct 105% 99'A refunding 3s series D, 1972—May-Nov First and refund mtge 3s series E 1979—Jan-July Gas 105'A York— mtge 2%s ser B convertible debentures 107 103% 2 107% 104% 3 105 103 103 April-Ocf 3V4S 1965- of New 105 99'A Feb-Aug First Illinois *104 ApriZ-Oct 33/4S A 1961 — 105'A 1Q5% 105 and Consolidated *125% 100% I . : Illinois Bell Telephone 2%s series A "7. 101'A 102 3s income 102% 8 mtge 2%s ser C 1972—June-Dec Consolidated AAdjusted 98% 99% *„ hitge 102% 7 " -Feb-Aug mortgage 3s series N 1978 sinking fund debentures 1999 s 90 V 106% 107 % Co— 3s River 62'A — 101% 102'A 102'A 103% 1970—_May-Sepf 4s 1955—Feb-Aup First mortgage 3s series L 1977 2%s r-H o o 23 92 102% 102% —Feb-Aup : 3'As First Conn 90% *101 — ..June-Dec 1975— Ohio Elec Columbus & Toledo Commonwealth 4s i first System Inc— 3s debenutres series A Columbus & 90% Map-Nov Colorado Fuel & Iron Corp— First mortgages and coll trust Water Hackensack A '■ Adjustments 6s series A July 1952 AFirst A 5s series B 1956— First gold 5s series C Inter Rys Central 1956 —_—Jan-July America 1st 5s B 1972—Map-Nov *97 99% 93 52 95% 95% 100 26 (402) The Commercial and Financial Chronicle . . . Monday, January 22, 1951 NEW YORK BOND RECORD RANGE FOR Friday BONDS New York Stock Last Period Exchange WEEK ENDED JANUARY Sale Price Range Friday's or Friday Bonds' Bid & Asked Low Range for Sold High No. Low New York Stock Exchange Jersey Central Power & Light 2%s 89 30 70 101% 101% 1976—Mar-Sept 91 % 10 99% 1st mtge 4s 1990 Light 2%s 4%s of First mortgage 2%s 1978 4,/2s 1961 1961 Kings County Elec Lt & Power 6s 1997 Koppers Co 1st mortgage 3s 1964——: t^Kreuger & Toll 5s certificates First mtge sink fund 37/es Lake Shore & Mich South registered 1997 Lautaro Nitrate Co Ltd— 106 - - *100% ~ iai% 105% % 1 % 1 1954 Term Ry— 5s extended to 1984 — '.V ■ 97 1974—Jan-July Lehigh Valley RR— 85% May-Nov May-Nov May-Nov contingent interest 2003 May Series E 4%s contingent interest 2003 May Series F 5s contingent interest 2003 May Lehigh Valley Terminal Ry— First mortgage 5s extended to 1979 April-Oct Lexington Little & Eastern Ry first 5s 1965 Myers Tobacco 5s 1951 Miami general ALombard Electric Lorillard (P) Co 4s 7s series series 96% 84 93 90% 4 1952 First & refund mtge 3%s First & refund mtge 27/bS First & refund mtge 3%s St Louis Div second F 2003 ser 2003 ' I 86% U con N 90% N 87% 69% 50% 1967 1967 Saulte St Marie— Minn St Paul & First mortgage 4*/2s inc series mortgage 4s inc ser A AGeneral Missouri Kansas & A Texas first 4s Missouri-Kansas-Texas 1990 RR— Prior lien 5s series A 1962 40-year 4s series B 1962 — — Prior lien 4%s series D 1978—— ACum adjustment 5s ser A Jan 1967 ^Missouri Pacific RR Co— AFirst and AGeneral refunding 5s 4s AFirst and AFirst and 1975- series A* refunding 5s refunding 5s sries debentures S A Second 5s 4%s gold gold 5s 1 ■ •; r 101% V 102 % 50 100 105% 15 102% 105% 1 89% 100% 3 79% 91% 91% 105 V* 96 mortgage 2%s Norfolk 20 96 4 99 92% 104% 95'/a *106% 107%,' mm 107 109 mm 101% 103% — ■;V ' Southern Ry AGeneral Called T mtge bonds General 4s lien 4s 102% 80% lien *96% *57 — 99 • 81 99% 97 88% 95% 59% 50 72 *99% 100% *102% __ 99% *— —— 104 107 —*■. 102% 102% 102% „ *103 Feb-Aug — 106% 98% I 94% 5 78% Chattanooga 3 106% mortgage 3s series B 1986 Dairy Products 23/4S debs National 3s debentures 1970 __ 105 4 — 102% 105% -- 90% 91% 65% 64% 66 97% 94% 97% 101 5 94% 95 94 New England Tel & Tel First guaranteed —May-Nov 311 77% 45 84% 15 74 32 75 92 72% 108 106 108 98 93% 95% 94 251 461 92% 94 110% 69% 108% 72 63% 90% 3s New New New New debentures 1982 debentures 2%s 1974 May-Nov — April-Oct -, 103% Jersey Power & Light 3s 1974_ Orleans Great Nor 5s Refunding & impt 4%s Orleans A 1983- Northeastern RR— Term first series gtd 4s JNew Orleans Texas & Mexico AFirst 5s series B 1954 ACertificates of deposit A 1986_Feb-Aug —Mar-Sept Jan-July 1952—Jan-July 1953 Jan-July 101% — Ry— April-Oct 102% — see page 27 123 113 113 117 109 113% 131 109% 71 72% 101 60 % 68% 68% 8 93% 95% 35 100% 100% 3 *108 72% 95% 133% 114 107 — 99 113 107% 73 59 % 68 80 96% 87% 100 % 100 % 101% 100% 102% 13 88 106% 105% 106 % 52 401 23/4s 1974 105% 100 103 100% 103% 101% 102% *100% 101% Feb-Aug 101% 1984 101 % 101% 102 April-Oct 102 34 99% 99 June-Dec 99% 100% 102% 3s 1974 133% 104% 104% Mar-Sept April-Oct May-Nov —Feb-Aug — 100% 100% *„ —— 106% 1979— 1975—, ————— 99% 104 *100 1021 100% 102% 103 99 102% 102 104% 105 107% June-Dec 103% 103% 104 28 & & 3%s series I 3s 1966 June-Dec *106% • series J 1970 Junc-Dec 103% 103% 3s series K 1971 June-Dec 104% 3s series L 1974 June-Dec 104% 104% 105% 3s series M 1979 June-Dco 105 104% 105 3s series N 1977 June-Dee 3 101 *104 102% 106% 103% 106% *103V2 105% 104% *103 107 1 103 106% 103% 9 101 % 103 103 % 30 104% 105 % refunding 2%s series P 1981——June-Dec 103% 27 105 103;% refunding 2%s series T 1976— June-Dec Tel 2%s debentures 1985—„Jur.e-Dee 106% 42 99% 1021% 1 101% 104% 104% 106% 103% 20 105% 102% 99% 100 103% 98% 101% 100*4 103% 104»4 106% 92% 111 3 %s debentures 1973 Mar-5ept 3%s debentures 1983 Mar-Sept — 1 62 56 69 102% 99% 53 104 Pennsylvania-Central AirHnes— A3%s convertible inc debs Sept 1 63% 967/a 99% — -4— mm' 105 105% Pennsylvania Guaranteed ^ 4s series E trust V'f" 93 ~6 *104% 105% *104% 105% 103% 103 % «... 97 Glass Sand Power & Light Co— 1975 3%.s 1960 — 106 103 104% 102 101% 102% 113% 17 ' — — 119% 104 106 103 — sinking fund 105 106 107% 95 General 4%s series A 1965 General 53 series B 1968 4 4 196 — 99 99 103% 99% 2 102 103'% 103% 103% 29 102% 105% 113% 35 112 115 113% 113 109 107 % 109 159 99% June-fyec 114 113% 114 48 102% 1981———April-Oct 106 104 106 51 90% 103 105% 104% 106 127 91 102% —June-Dec 93 90% 15 76% 50 52 26 14% Marquette Ry 3%s series D 1980—Mar-Sept Philadelphia Baltimore & Wash RR Co— 104% 1960 April-Oct Pere series B 1974 General gold 4%s series C Philadelphia Electric Co— First & refunding 2%s 1971 2%s -Feb-Aug —Jan-July 1977 1974— May-Not? refunding 2%s 1978 § A Philippine Ry 1st sink fund 4s 1937 tACertificates of depeosit Phillips Petroleum 2%s debentures 1964 2%s conv debs 1975 Erie 101% 101 % 2%s *102 Feb-Aug *102 Jan-July 10 112% *8% Feb-Aug May-Nov 1996_June-Dec 113 *101% 76% 40 104, 118% 107% 111 2 101 104% 102 21 100 % 104% 102 11 100% 103% 103 % 100*2 104% "I 7 33 101% L.050 104% 9 118 % 103% 102% •Af 10 102'% 102% 117% 90 3 102% ' 99 110 „- 113 101 % June-Dec & Pittsbgh Bessemer & Lake 113 9 101% 101% —May-Nop 1981_ 93 104% 104% *119% 113 June-Dec 1967—— 2%s 107 ' Jan-July Jan-July 84 First & refunding First & refunding 104 % 102 104% 48 General 5s 81% 101% 81 First & refunding 2%s 100% 102 4 4534 April 103% 104% 65102 84 4s 106 101% 1041/4 47 % First 1 103 % 1990-i——-April AIncome 100% — 102 I960-—Feb-A«p — Peoria & Eastern first 4s external 104 105 % 4%s General mortgage 4%s series E 1984 General mortgage 3%s series F 1985 100%t — June-Dec 106% __ ■ 1061% 101% — 102 -April-Oct — General 4%s scries D 104% ! ' 107% 104 % *81% 1952—May-Nov 1037/a 25 ;• 106 101*8 *" 101%1 104%; ' 1 rnrnm 102 % *103% 1960—April-Oct ctfs Pennsylvania Consolidated 97% 101% 102% 106% Co— mortgage 3s Pennsylvania RR— , *101 1955—Jan-July 102% 99% 106 % '104% 105% Pacific Western Oil 3'/2s debentures 1964—June-Dcc Paducah & Illinois 1st s f gold 4%s 96% — For footnotes 118 6 94% 101% 102% 117 128% 128% 11 75% 101% 101 % 102% 102% 101% 108'/a 102% 102% 72 102% 103 118 87 105% 105% 15 *105 101% 118 April-Oct — — 116 —_April-Oct 38 *85 ■>101% 102% 102% 1987 94% 103% 104'/a *104% 104% *106% 107% 106% 99% 1986 96 *113% 104 100% 101 debentures 93 102 *104% 105 101 81 103% 107% debentures 95 *100 20 3%s 101% 101% 63% 63% *102 -- — 71% 100% 104% 1; 107% 2%s 11 ■ — 24 367 *95 — 25 13% 107 Mur-Sept 1975 first mortgage mortgage 2%s 1975 mortgage 2%s 1980 First 102% 58% 22 42 661/4 *— ' 41 29 28 111% — y 47 32% 33% 74 *104% 66 93% ' Mar-Sept Jersey Bell Telephone 3%s 1988——Jan-July Jersey Junction RR gtd first 4s New Orleans & New 1961 64 101% 101% Quar-Feb 1975. first mortgage debentures Pacific Tel & —• • 101% 106% 141 ' 63% 93% 1,125 110 105% 108% 72% 71% 25% First & 111 194 66 104 5 103 32% ■' Quar-Jan 2047 Edison First 111 105% 108% 106 20 105% 105% First & refunding 2%s series Q 1980—June-Dec First & refunding 3%s series R 1982 June-Dec First & refunding 3s series S 1983——-June-Dec 104% 105% 109 % 57 ; Power Co— refunding First & refunding First & refunding First & refunding First & refunding First & refunding 95 108% 69 4 V;. Jan-July Feb-Aup (Wisconsin) iirst mortgage 2%s 1977—April-Oct First mortgage 3s 1979 .—Mar-Sept Northwestern Bell Telephone— First 100% 108% 110 100% 75 9% ;- 1% 5 P 96% 105% 91% 73% 5 892 Pacific Gas & Electric Co— 63 104 Co— 4%s series B 3s 73% —Quar-Jan 1 trust 4%s States First mortgage 3s 92 95 945 7% 71 78 95 13 5% 100% 101 "113 _ Jan mortgage 2%s 10% 6% Mar-Sept 103% 45% 105% 94 55% 101% 97 100% 101 95 May-Nov —_April-Oct Distdlers Products 3*/bS debs 1974—April-Oct National Steel Corp first mtge 3s 1965 April-Oct National Supply 2%s debentures 1967 —June-Dec Naugatuck RR first gold 4s 1954_—1 104% 106% 2 *102 '■ 90% 93% Nat'l 101% 10% 1st mortgage 2%s 1980 May-Nov Oregon-Washington RR 3s series A i960—April-Oct 104 4 105% 105% 74% 74% — 95% June-Dec 63 V* 10 *119 % 1977 3s Oklahoma Gas & Electric 2%s 102 105 May-Nou ;' —Feb-Aug 1970—June-Dec 78% 40% mortgage 3s 1978 mortgage 2%s 1979 1st 109% 100% *99 % ■ & St Louis— 62 883 O 94 N First 571 67% 1974 A Pennsylvania Nashville 80% 65% 1974—Mar-Sept 5s ser First First Ohio 103 108 % 108% 108% April-Oct H OO 98% ' Jan-July Jan-July —Jan-July 78 102% 102% !_ ref First 101 % 101 % __ June-Dec 85 — 107% *100 __ 1971—May 1991—May 79% 73% 104% — — 101% 100 10 2014_April-Oct 1 First 102% 68 88% 100 94 ' €7% 3s registered 2047 Quar-Feb Refunding & improve 4%s ser A 2047—Jan-July Refunding & improve 5s series C 2047 Jan-Jidy Refunding & improve 5s series D 2047 Jan-July ,'Coliateral 101% "7 81 *98% „ inc 1997 registered (Minnesota) 81 95% ■— 86% Ry first gold 4s 1996—April-Oct general & & General Northern *102 100% 79% Jan-July April-Oct 1980 refunding 4%s Northern Pacific Ry— 1 101% 100% Co— April Central 1980 convertible 5s Norfolk & Western Prior 100 91% mortgage 2%s Northern 101% 102% 102% 'i-V 61 95% 99% 100% •' 86% ■ _— gold 5s 1943 u.May-Nov 2%s series D 1982——Jan-July General 105% 102% 1 2 — first General 87% 123 % 101 63% —Feb-Aup 68% 74% 104 97 90 4 19 64 71% 121 100 18 95% 100h 80% Feb-Aug - 36% ■ 69% 66 78 ——-Jan-July 1937 1937 1940 40 43 52 52 22 *99 — 25 C 104 *99% — 80% —Jan-July 54 -Feb-Aug 1958—May-Nov June-Dec. 1955—May-Nou 1978 2%s 72% *101%.. 1977—_Mar-Sept 1986 Gas & 69 96 series G 1978—May-Nou 5%s series A 1949 May-Nov AFirst and refund gold 5s ser H 1980—-April-Oct AFirst and refunding 5s series I 1981 -Feb-Aug Mohawk & Malone first gtd 4s 1991——Mar-Sepf Monongahela Ry 3V4s series B 1966 Construction mortgage 5s series A Construction mtge 41/2s series B 1955 Mountain States Tel & Tel 2%s Electric Steam Corp first 3%s 1963— Y Susquehanna & Western RR— 71% 88% 18 ~ 99% 100 % 100^ 1993—April-Oct 1977— Jan-July 63% 122 70 — *101% 4s Y SATerminal . 62 24 95% Refunding mortgage 3%s series E 1978—Feb-Aug Refunding mortgage 3s series F 1981 Jan-July Niagara Mohawk Power Corp— 105 gAConvertible gold Morrelel (John) & Co, 3s debentures Morris & Essex first gtd 3%s 2000 gtd N Y Telephone -- —Mar-Sept F Y State first consol 77 — — 1965—Feb-Aug — Putnam 82% \,™ Jan 104 100% June-Dec § A First .refunding 61 85% 68% 51% *66% — mtge 23/4s 1975_Mar-Sept first 55% April-Oct Jan & 1955 Light 62% — Jan-July April-Oct 1940 Y & 13 *101% April-Oct debentures 4s Power 23 33% 91 70 70 69% mm* May-Nov 89 Lans & 15 A Midland of N J first ext 5s mortgage 4s 1954 N nVA 70 52% — 69'/a *86 A 2022—May 75 *103% — 4s series B Minnesota Mining & Mtg 2%s 1973 62% May-Nov Sag 3%s 1951 Mar-Sepf First gold 3%s 1952—— May-Nov Refunding & impt 4'/2s series C 1979——Jan-July Michigan Cons Gas first mtge 3%s 1969—Mar-Sept First mortgage 27/es 1969 -Mar-Sept First mortgage 3%s 1969 Mar-Sept 3%s sinking fund — 69% May-Nov May-Nov 83 mtge 2%s 1974—May-Noo 3%s 93 101% 101 ft 1957—May-Nou Manila RR (Southern Lines) 4s 1959 May-Nov May Dept Stores 25/eS debentures 1972 Jan-July Mead Corp first mortgage 3s 1966— June-Dec Metropolitan Edison first Jack 1973— 74% 87% 1954—June-Dec Manati Sugar 4s sinking fund Feb 1 „ Y 85% M First mortgage 2%s 1980 Michigan Bell Telephone Co— 3 Vis debentures 1988 Michigan Central— B § A General 71% *121 Macy (R H) & Co 27/as debentures 1972—May-Nov Maine Central RR 4%s series A 1960 June-Dec First mortgage & — refunding mtge 4s ser A 2007—Jan-July AGeneral 85% IN •' — 92% ' Feb-Aug 72 Mar-Sept (f 1998 73% " New Haven & Hartford RR— First 101 74% Chicago & St Louis— 82 • ftl registered York 73% RR— 62 Louisville Gas & Elec 1st mtge 2%s 1979—May-Nou ——v 1C7 Hudson River AGeneral mtge conv inc 4%s series Harlem River & Port Chester— 67 43 ' 1955— 92% & 68% April-Oct 4s 91% Central N 86% 69% 74% April-Oct Cincinnati Div 79% 88% 82 April-Oct G H 2003 53% 64% Y N 73% 90% 101% 433 62% April-Oct ser 55 104 V* 256 Y Lack & West 4s series A 81% mm. gold 3s 1980 Atl Knox & 69% Feb-Aug ser 62', 100% 100 78% JAN Y Ontario & West ref 4s June 1992—Mar-Sept ~2 90 June-Dec debenture 1963 Louisville & Nashville RR— 1 101% 86% 97% 99% — 90 85% Feb-Aug May-Not; 1951 101 __ Y 99% 94 10 96% 85% April-Oct (1962) A debentures 5s 3s 108 101 100% 97% Co— 100 i Series A 4s fixed interest 2003 Series B 4%s fixed interest 2003 Series C 5s fixed interest 2003— Series D 4s & April-Oct deposit————— RR Connecting RR 2%s series B 1975 April-Oct N Y Dock first gold 4s 1951— Feb-Auy N Y & Harlem gold 3'/as 2000 May-Nov Mortgage 4s series A 2043 Jan-July Mortgage 4s series B 2043—-------—Jan-July General consolidated mortgage bonds— Liggett 103 76J/a First & *88 85% 86% : to 102 97% 8 84% 4%s series 12 98 *100% ;r' — Feb-Aug - extended 100 % 103 Refunding mortgage 3%s series E 1980—June-Dec mortgage 3s series F 1986 April-Oct N N 102% 96% 97 Feb-Aug Feb-Aug Feb-Aug Lehigh Valley Harbor of 1954 First . 'I — *96% — June-Dec * 101% 100 % 78 % New 102% % *— 100% Feb-Aug . 101 Lehigh Valley itatlway— 101% 100 176 % 103% 86% 3%s 97 *103% 104% % 40 100% -- *176 — Mar-Sept 1975 series A Central 1956—— mortgage 3'/2S 1997— Jan-July 3%s registered 1977 Jan-July Lake Shore collateral gold 3%s 1998 Feb-Aug 3%s registered 1998 Feb-Aug Michigan Cent collateral gold 3%s 1998_Feb-Aug 116 II High 99% 74% Y 103% 27 D General 105% 114% —— Low 11 102% -——Feb-Aug N 101 ' '• York 102 Refunding & impt 4%s series A 2013—April-Oct Refunding & impt 5s series C 2013 April-Oct 103% ^ „ II — 5 50 *95 reg 25 Year 1930 NO. deposit Consolidated 4s series A 1998 L A ser • - 1968—-Jane-Dec income 4%s 103% *40 April-Oct 1959 stamped 1964 stamped 1974— First mortgage 102 *116% 122 4- — June-Dec stamped First mortgage 101% ■ 104% 105 4-.— Lehigh Coal & Navigation Co— Sinking fund mortgage 3%s ser A 1970-Aprll-Oct Lehigh Valley Coal Co— First & ref 5s First & ref 5s First & ref 5s 103% gold 3%s 1997—June-Dec 3%s mprtgage r-4 O O r? 104% 104% -April-Oct Lakefront Dock & RR Terminal- AFirst 11 New 84% ^ — Jan-July Jan-July —Jan-July 1961 unguaranteed 82% I- Kentucky Central 1st mtge 4s 1987 Jan-July Kentucky & Indiana Terminal 4%s 1961—Jan-July Plain 1 June-Dec 1st mortgage 2%s 1980 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 Stamped 90 Feb-Aup deposit———.— of ACertificates 90 101% 102 June-Dec 1956 series AFirst 5%s April-Oct 1976 C series ACertificates AFirst K Kanawha & Mich Range for Sold High Orleans Texas & Mexico Ry—(Cont)— 85% 103% Bonds Bid & Asked Low ACertificates Kansas City Power & Week's Range or Friday's Last le Price Period High AFirst 5s 90% Interest BONDS Year 1950 New Jamestown Franklin & Clear first 4s 1959-June-Dec 19 Week'* Interest 6*2 , — 99 13 12 103% 114% 101% ^Volume 173 Number 4979 . . The Commercial and Financial Chronicle . (403) NEW YORK BOND RECORD WEEK ENDED JANUARY RANGE FOR Friday Interest Last Period BONDS New York Stock Week's Range or Friday's Sale Price Exchange Friday Bonds Bid & Asked Low 1!) Year 1950 Low No. Range Friday's Konds Bid & Asked Low High 102'A High or Sale Price Period New York Stock Exchange Week'* Last Interest BONDS Range for . Sold Range for Year 1950 Sold Low High 103'/a High No. Pittsburgh Cincinnati Chic & St Louis Ry— Consolidated guaranteed 4s ser F 1953—June-Dec Consolidated guaranteed 4s ser G 1957—May-Nov Consolidated guaranteed 4s ser H 1960__Feb-Aug Consolidated guaranteed 4»As ser I 1963_Feb-Aug Consolidated guaranteed 4'As ser J *103 108 *1071/4 1964_May-Nov — — Refund 105'/a 113% 111 —. — *113% — — 103% 111'A __ Terminal RR 107 V4 106 — *105'A *113'/a 113'A Pittsburgh Cine Chicago & St Louis RR— General mortgage 5s series A General mortgage General series 5s 1975 mortgage 3%s series E 1975 Pittsb Coke & Chem 1st mtge 3'As Pittsburgh Consolidation Coal— 3'As debentures mortgage series mortgage 4'As series B 1960 series C First general 5s series C First general 4'As series D Plantation 10 100% 102% *95% April-Oct 91'A 96'A —' — 5 96'A 90'A 99 95% — 96% 92 9 mortgage 3s mortgage 2%s Feb-Aug -- Public Service Electric debentures 101 '/a *101 —Mar-Sept 3'As 1977 Jan-July * Mar-Sept 2%s debs 110 1st — 104 105% — II 99 1964 Oil 4J/2s series — ' —. ' 105 V'4 '—m* ■ 152% U 225 103% „ *104 - 109% 150 6 *218% ■ 106% S Gas 92 32% 99 Va 100 101'/a 108'A 110% 1980 10 102'A 3 100 Va 102% 6 1970—June-Dec 102'/a 102% 13 loly# 103'% Feb-Aug debs 2%s 104% 104% 11 101 105 96 96'A 35 *— 102% 101 103% 100 % 100% 102% 1976 *100 Jan-July 1970—: 2%s debentures debentures 1976 98 15 96% 99 98 April-Oct debentures 97% 93 'A 97V2 97'A May-Nov 1967 Universal Pictures 3%s Vanadium 3'As of Corp 98 4 97% 100 98'A 89 97% *94% 1959—Mar-Sept America— debs conv Vandalia RR 1965 consol : gtd 4s series May-Nov 103 *104 105% 103'A -- 1977—Mar-Sent *121'/a *105'/a 107'/a 105 'A — 103% 105% 102% 101'/a 101 Va mtge 3s series F 1978—Mar-Sept G 1979—June-Dec 1st & ref mtge 2%s ser H 1980 Mar-Sept Virginia & Southwest first gtd 5s 2003 Jan-July *103% 104% 105 First and refund mtge 2%s ser *102 102'A 104 100 104'A refund *100% 101% *104 '/a — — — 107 ya 100'/a *105 104'/a 107'A 105 106% *103 First and refund 96 841/a 14 95% 94% 103'A 105 106% 109 % April-Oct 1955__Feb-Aug A mtge 2%s ser E 1975__Mar-Sept First and -- 105 ya — 104 104 104 105'A 101% 101% 95% 103'A *103'A June-Dec 100% 102% RR— Corp 2%s Rubber 25/es 103% 103% 103% 1969—Mar-Sept J 6 103% 108% Refunding mortgage 2J/2S series C 1991—Mar-Sept Biscuit Co of America 2%s 1966 April-Oct United 105'A 5 152% 152% ' —Jan-July D series 99% *101 United Electric Corp— mortgage 30% 21% *99% 101'A May-Nov 2%s California debentures 218 106'A 106% 106% of Pacific 2%s 105'A 102% 3 1968 mtge & coll tr Union 100 R mortgage 3'As 52 325 99 'A 1971 May-Nov mortgage and coll trust 2%s 1975_April-Oct 100% 103% 103% Reading Co first & ref 3»/8s series D 1995—May-Nov Reynolds (R J| Tobacco 3s debs 1973 April-Oct General 103 3A 69'A 127 29 J/2 29'/a -Mar-Sept 1961 sinking fund series B 1957 Virginia Electric & Power Co— General 1 64 63 63% 3%s I960- _June-Dec Consol Rochester Gas & 106 100% 12 137 100 — 102'A 102'A 1974— .June-Dec 3%s and impt Corp 100% Q debentures 96'A U Co— 1963- 2%s 102 102'A 97 'A 128 »/2 104'/a 105 105 Jan-July Electric Co of Missouri 3%s Union refunding mortgage 3s 1972 May-Nov First and refunding mortgage 2%s 1979_June-Dec Oats Tri-Continental 108 105'A *99 — and Quaker Orleans Cent ref 3s debentures __ *104 — May-JVou First and refunding mortgage 3'As 1968—Jan-July First and refunding mortgage 5s 2037—Jan-July First and refunding moitgage 8s 2037—June-Dec First New 1985. Ry first refunding 4s 1960 -Jan-July ^Adjustment income 5s Jan I960— .April-Oct First May-Nov Gas 13 Pacific— Ave 101% 99% 3 102 *108 «A .Feb-Aup 1956 & of Ohio 12 103 'A *137 '/a .June-Dec gold 5s 2000 Pacific-Missouri Union 101 101 1964__Jan-july 1984 4s 103% & 103 103 103 1990. .April-Oct series C 111'A 108 — June-Dec 1983 Terminal 1970. .April-Oct 3%s first 96'A r First First 31/4S series B M Pacific .June-Dec 1977 Pipe Line 23/4S 1970— Providence M refund Tol 106% 103 refund JThird 105 104 Ry— 1974 1st mtge 96'A 95'A April-Oct income debentures Potomac Elec Power 3s 102'A 102 »A 103 18 >A 103 J/2 Orleans RR— and RR 2 104% 105 103 and Term 103 Ya 129 119% *128 104% _May-Nov General and refund M 3%s ser E ;! 102'A New Texas & 91% 103 7 June-Dec Youngstown & Ashtabula general »§£ series B 1962 5%s 81 100 April-Oct 1959 mortgage Co — Louis— First 111% 102'A 102'A 1958 A First Pittston 28 __ *102'/8 St of impt M 4s series C 2019—_ _Jan-July 1985 April-Oct First 111% 100 • & Texas Pittsburgh First 7 95 Jan-July First 4'As 93 100'A 13 1121/4 113 ■ April-Oef 1965 4 (As 112 % 113'/a 113'/a 1964__May Nov Pittsburgh Steel 1st mortgage 4'As 1958 Pittsburgh & West Virginia Ry— First Texas June-Dec April-Oct 1970 B Assn and Refund and impt 2%s series D Texas Corp 3s debentures 1965 First consolidated Virginian Ry First lien 5s 1958 series B 3s and ref 94 88 95% 95% 7 99 99% 19 94'A 104 J/2 104 V2 3 102 7/a April-Oct 1995 99 Va May-Nov mtge 3'As ser C 1973.April-Oct 101 104'A S Saguenay Power 3s series A 1971 St Louis Rocky Mt & P 5s stamped St Louis-San Francisco Ry Co— 1st mortgage 4s series A 1997 bond certificates 1989— Second 4s inc bond certificates Nov & St Paul Union Duluth Scioto V & Seaboard A General 1st Shell 3'/as B RR (Jos E) Union North Southern Bell 3s 2016'— 2%s coll RR Southern June-Dec 1971 trust 7s 1941 Southern First 101 5s April-Oct frM ■ 105% 100 103 '/a Jan-July A 1977 series E mortgage 2%s series F 1996 mortgage 2Vis series G 1961 Southern Ry first consol gold 5s 1994 general 4s series A 105 "A 87 97% 92 102 J/2 99'A 100% 109 87J/2 101 122% 128 128 % 2%s 1971 3%s General moitgage 3s guaranteed West" Penn Electric 3'As 1974—s. West Penn series I 3'As Power Union 30-year 5s ' — 1973 105% 102'A 107'/a 70 69 70'A 69 68% 36 S first B 4s 1960— general ACertificates 4s of 52 103 11 101% 104'A 106 17 103'/a 105'/a 101% 106 108'A 107% 108 'A 128 103'A 103'/a 103% 76 425 110% 112 102 % 105 115'A 100 *„ 3 103% 103% *113'A 1017A 105 104 101'A 103'/a 115% 86'/a 19 102 102 102 113 20 104'/a 104% 102 2%s — 83% 90 80 69 69'A 71 91 40 70 40% 64 y* 99% 98'A 100% 102% 1023A *105 % 106'A Jan-July Jan-July 105'A 107% 89 7 7'/a 73 — ,, 69'A *98% Mar-Sept Jan-July 1979 111 103 85 100'A *100'A 101% 111% §ASu & Du div and term first 4s 1936—May-Nov ACertificates of deposit Wisconsin Electric Power 2%s 1976 Jwue-Dec mortgage 68 y* 102'/a 103 Jan-July 1949— deposit 70% 56 67'A Central Ry— ^Wisconsin 92 J/2 12 111 123'A 99% 80 90 106 % 106% 20 102 107 Vi 109 Y 98 J/a a Deferred sale delivery not included in 14 104 109 3 100 108 included 5 100'A 103% not included 107 the the year's range, 100% 98 '98 Light & Power 2%s 1976_Jan-July Yonkers Electric 106'/a d Ex-interest, e Odd-lot sale range, r Cash noli sal«. Bankruptcy Act, or securities assumed 109% 96'A 65% 17 96'A 96 101 '/2 103% " 102% A Bonds 102 HThese 102% — year's range, n Under-the-rule sale not included in the year's year's range, y Ex-coupon. in the impaired by maturity. . 104Vi here Is a 4 receivership, or reorganized under Section 77 w by such companies. ♦Friday's bid and asked prices; no sales being transacted during current 100 - the § Negotiability 103% 99% 63 "" 102'A *99% 100'A *103 98% in fCompanies reported as being in bankruptcy, 63 40 14 102'A 1021A *100 - 108% 105'A 68% Jan-July 96% 124% 65 'A Jan-July Jan-July May-JVoy 106'/a 104'A 16 106% 106'A Mar-Sept Mar-Sept Jan-July April-Oct 100% 100% % 106'/a 104 7/a 5 * 105% 105% 97% 83 93 ■ 96 104 2 104'A 104'A — Mar-Sept debentures convertible Wheeling & Lake Erie RR 2%s A 1992 Wheeling Steel 3%s series C 1970 First mortgage 3'As series D 1967 Wilson & Co first mortgage 3s 1958 First 57 101 5 104'A 104 % — 95'A 50 101 *57'A _Mar-Sept Westinghouse Electric Corp— 2%s debentures 1971 2.65s 97'/a Telegraph Co— I960— 85 101% 87% *101 I registered 2361 Jan-Juiy Western Maryland first mortgage 4s 1952-April-Oct Gen mtge 4'As-4s series A 1969 Apr-Oef Western Pacific 4'As income A Jan 2014 May Western 73 102'A 102'A Jan-July Jan-July West Shore first 4s guaranteed 2361 85 73'A 87'A *94'A 1979—May-Nov May-Nov 1966 87'A 87 87'A Feb-Nov 1976__May-Nov 108'A 109 — jUn-July 1966 1972 96% 2 98: 99 —.May-Nov 1974— debentures debentures 1973 123'/a 103 J/4 87% 11 95 124 124 first gold 4Vis 2013 April debentures 2%s 1971— w«y-Nov 2%s -- 92 95 109 % Sunray Oil Corp. 2%s debentures 100'/a 100'A 391 — 96'A April-Oct Memphis Div first gold 5s 1996————Jan-July Southwestern Bell Tel 2%s debs 1985— April-Oct 3 V8s debentures 1983 _ *102% *91'A 106'A Co debentures conv Wisconsin Public Service 3'As 1971 April-Oct debentures Co 86% April April Warren RR first ref gtd gold 3'As 2000 Feb-Auy Washington Terminal 2%s series A 1970 Feb-Aug Westchester Lighting gen mtge 3'As 1967—Jan-July 105 122 100'/4 Jan-July 1956—April-Oct Devel and general 6s series A 1956 Devel and general 6Vis series A 1956 J) mortgage 3'As series B Winston-Salem 84% 74 104 Jan-July Jan-July First & 5 100'A 101% 1986——Jan-Ju\v First 2%s 85% 105 101 _IMay-Nov 2%s Swift 103'/» 103'A 102 102 Vi 12 107'A 100 3 104'A Mar-Sept 1981 (N 103% 20 100 85% — Maw-Nov Internatl Gen gAFirst Lines) 1969 Oil 124 123'A „ 105 V4 105% 100 mortgage ASpokane 99 Vi v Feb-Aug Jan-July First Standard . 68 Vi 103'A 97 J/2 25 — jan-July 1994 41 25 98 *123'A 99% 101 51 97% 99 Vi 102'% 97 Vi 31 98'A 101% 1017/a 98 98% 102% 8 97 »A *43 I: 101% 96% 100V2 99 5 103'A 97% June-Dec 1963 101 97 Vi 98 April-Oct -Feb-Aug 3s convertible debentures I960— —Apr-Oct San Fran Term 1st mtge 3%s ser A 1975_June-Dec Pacific RR Co- and 127% 75 Vi 161 95% 94'A *102 Southern Devel 126% II 104# Co— (Oregon 4Vis 4Vis Gold gtd Ry 2%s Pacific 4Vis Gold % 97'A —Jan-July 1976 1987 Indiana 94 -May-Nov 1985 debentures 122 9g Vi 106 lo4% 105'A -- «126Vi ' 1979_ debentures 5 106 103% May Telephone & Telegraph Co— debentures 2%s 106 Co— income series A Jan 1981 mtge income 4'As series B Jan 1991 Walworth 84% 1175/8 11 121V* 121 Vi 1989—May-Nov 1966 debentures 2Vis Ala 55 •105 June-Dec J§ASiJesian-Amer Corp & 515 April-Oct Skelly Oil 2%s debentures 1965 South 87'A 102 90 RR mtge 4s 4s & Sons 2'As Oil Gen 101'/a 98% 1 W Wabash Co— 2'As Socony-Vacuum 80 152 84% May-Nov 1989_JansJuly 1974 Oil 87 '/a 1968_June-Dec 1971 England 1st gtd 4s Line debentures 3s gold 4s c®ns mtge 4'As series A Jan 3s series B 1980 mtge Seagram Depot New Air first 75 First First 4s Paul ' 101% 102 J/a % 102 Jan-July 2022 May mtge inc 4>As series A Jan Louis-Southwestern Ry— St -j* 101% 101'A 101 J/2 1955—Jan-July ASecond St . *77'A 104'A 65 71 80'A *73'A April-Oct 102 10 104'A 104'A Mar-sept 1996—Jan-July St. Lawrence & Adirond'k 1st gold 5s Second gold 6s 1996 week. selling flat. previously listed on the Curb combination of all sales on both Exchanges. issues were Exchange. The 1950 year s show® range . NEW YORK CURB EXCHANGE WEEKLY In the AND Week's Friday STOCKS New York Curb Last Exchange Sale Price Par Vending ACF-Brill Corp Motors Aluminum Acme Range of Prices Low 1 warrants Alloys. 1 6'A Shares. 5,800 2'/a 300 7% July 1 5,100 3 31'A 100 21 4% 2,700 6% Last Range New York Curb Exchange Range for;year 1950 Sale Price of Prices July Jan 11 May Electric Air-Way 21/4 Dec 5% Alabama Aero common 10 _ Inc 1 Supply Manufacturing 1 Surpass Shoe Stores 31 — 4'A 4'A Jan 3% July 1% 31 5% Great Southern preferred Nov Alabama Power 4.20% Jan Alaska Airlines Fisher common——.— Dec * Agnew Ainsworth Air Co Stores Manufacturing Associates Inc For footnotes (N J) see _ 3% 3% 4,800 Jan 3'A — common. page 3% _ 31. 5 —1 11% 17 10% 14% 11% 19 .4,600 14,400 9% 7% Dec Jan 14% May 14 Dec Allied & Altes Inc International Products Allied Bros Shares (Mich) common : common 12 Apr 800 7% 6% 600 4'A July 5% Oct. 80 Jan 101 »A Not 50 96'A Oct 103% Auf 5'A 5% 9,700 3% Nov 5'/a Mar 7 100 5'A Apr 6'A 3 Aug 4% 15% July 21% Dec 6% Jan 9'A 6% 101 5'A 22 5 • High Low 10'A 7 ; 1 1 Range for year 1950 High 102'A 102 V4 — 50 100 1 Sales for Week 101 100 Investing Corp—1 Brewing Co Altofer _3 1 Airfleets Inc Dec Appliance— Alles Wire Acme Adam Hat Low Par High Low 8% Week's Friday STOCKS High 8 J/4 6% If) Sales for Week 2% 8'A WEEK ENDED JANUARY FOR Saturday, Jan. 13 Exchange itself, and is intended to include every security, whether ending the current" Friday, Jan. 19. It is compiled from the reports of the Curb stock or bond, in which any dealings have occurred during the current year. AEC New York Curb Exchange for the week beginning following extended list we furnish a complete record of the transactions on and RANGE RECORD YEARLY 4.'/a 22% 4Ve 4% 8 8 550 1,000 25 3% Jan Dec 5'A Mar Jun Jun 8'A Not 37 The Commercial and Financial Chronicle (404) RANGE FOR Friday STOCKS New York Curb cumulative • 100 preferred^ Manufacturing Aluminum Goods Aluminum Industries Amer Air Filter 5% 76% 103% Book 1 American Cities Power & American Laundry Rubber 25 Machine American Manufacturing Co American Maracaibo American 25 74% Jan Carter Dec Nov Casco Castle 9% Dec Catalin Corp 15% Dec Central Maine 96% 500 24 May 10 10% .850 6 Mar ~i% 1% 22,100 12% Aug ft Jan 1% Oct 1% 1% 1,100 x79% 81% 90 104% Jan 1% 80 28 Products % Aug 76 3.50% Co 6% Chem & Central 21 3,500 31 24% 21 ft Dec 2% Jan 26% Dec 18% Apr 22% Aug 14% Apr 20 35 400 150 3% % 106 Jan Dec U Feb 133 July Mar 4% 4% 800 4% Jan 8% 400 6% Jan 8% Dec 7 7% 300 5% Jun 7% Oct ~6% 600 5% 6% 6% 11 Mi 12 0 1,025 Chief Consolidated Service 14% Apr 3% 3% 3% 1,400 7% 7% 2,100 5 July 8% Common Gas 111% 112% 110 109 Dec 113% Jun 2% . 3% Mar Feb class A 6V2 6 % 6% 6,400 3% Jan • 11% 11% 11% 8,100 • common non-voting preferred 11% 11% 12 8% July 8% July 10% Feb 10 Arkansas Power & Light $7 pfd Armstrong Rubber Co class A convertible preferred 39,900 112 21% 45 i—50 Claude Electric 46% 175 11% 11% 12% 1 Associated Tel <fc Tel 17% 16% 19 1,400 26,200 — .£1 Atlantic Coast Fisheries Atlantic Coast Line Co -1 .50 Atlas Corp warrants Atlas Plywood Corp — — — II ..1 (B F) & 3% Sons common 5 preferred 25 Ayrshire Collieries Corp common— -3 200 1 73 Aluminum Colon Oct DeC 14% Oct July 200 44 4 2% 5,500 23% 2,500 7% 1,300 7% 2tf0 13% 5,600 26 17% 18 8% % Mar 41% 44,000 26 los American 14 83% w d 75c Vtc ext 3% Apr Jan 75 6% July Jun 21 4% July Dec j Beck Bell (A S) 4 11% 6% Nov Ridge Corp Blumenthal Bohack Borne (S) & Co (H C) 5%% Co Feb 22 Jan July Feb 17% Scrymser A Amer Amer Sep 78,800 3% Coro 5,700 900 11V2 2,900 37% 800 Line Piston 1,200 7 Feb 36% 4 Amer (Md) Tobacco Sugar common Lighting Inc common Manufacturing Co (Mo) Curtis 16% Jan 1,900 Davenport Hosiery Mills Feb 11% Oct Davidson 11% 11% 400 9% July 3% Dec 13% Jan Day 4% Nov Dayton Rubber Co class A 13% ~3% 3% *.< 4 7% 15,200 14 13 14% 2,400 73 77% 1,525 84 84 27 28 Electric Fire 7% Mar 51 100 12% 100 Nov 77% Nov 89 Jan 75% July 18% July Nov Dejay Stores common Mfg class A 8% 15% Canadian 7% 27% Nov Detroit 8,700 3% Dec 5"% Jan Detroit Gray Iron 16% Jan 21% Oct Detroit 11,000 13% 16 21 28% 30% 5 Jan 11% Nov Devoe Oct 25% Feb Distillers 17 Jan 23 Aug 32 100 v.: — Gasket Steel 23 ' '1 Feb 34% Jun 21% Apr 2,100 28% Aug & & Manufacturing Foundry Products Raynolds class B Co American — 10s -- 27% * 2% 27% 43/8 21% 6% 11% 21 4 3/a 22 6 % 11% 11 Apr 2% Domestic Carman & Carnation Apr common Bridge Duke 50 233/4 Jan 28% Oct 1,900 2'/a Jan 4% Jun 11 4.4C0 22 July 5V4 Jan 6% Nov Dec Harris Power DuMont For footnotes see page Co 39% Jan 6% 5% Dec 12,000 18% Apr 66% Jan Nov Dec 1 «y. Nov 18 11 Sep Dec 25% Oct 14% Feb 300 10% July 2% Nov 125% 4,100 78 % Mar 4% 8,600 2% Mar 12 2% 1% 2,400 1% 24% 36 10% 11% I Jun Dec 3% May 3 May 13% 6,300 36 5% 119% - Jan 22 Dec 30 Jan 36'/a Jun 3,500 22% Ma/ Sep : ' . . 50 Mar V-sr.: 11 1 3 "ft 11 7 ie ft/ % 9% ' • 12 6% 6'/a 153/4 15% 16 16 15% 16% 58% 54% 1% 1 3%' 3% 4 -1 Oct 1,800 7% Jan 12% 300 7% Jan 12% Oct % July 8% July 5% Dec Va Jan 11% Jan 7,100 11,700 600 7% Feb 1,400 147/a Sep 17% Mar 10,100 5% Jan 15y-i 59% 17,300 30% Apr 52% 1% 23,400 % Dec 1% Dec 2% July - 11% 5 10% 10 * 11% 11% 1,300 10% 18,500 11% 9% 450 5% 5% Jan Apr Dec Apr 3% July 2% Mar 2,800 Nov 4 3 25c 11 2% "> 3% *. 10 3 3' ,3% : 1 10 Jun 10% 9% 1% July 2% Aug 8.600 800 12 Dec Dec Mar 3% Jan 3% Apr , 48 -29% ' 31 15,600 11 12 150 9 14% —.5 29 Aug 14% 100 II July 33 37% 425 x32 Dec 18% Jan 2.50 Jun 5% Aug 5 68 Apr 30% Dec 13 Jun 8 Oct 15y« Feb 37% 4 Dunlop Ltd 3,800 83/4 Jun 2,300 15% July 20"% Oct Duraloy Jun 8% Dec 13% 14 3.000 11% Jan 15% Nov 22% 23% 5,600 13% Mar 22% Dec 400 53/4 July 9% -.8 Apr 7% Sep 1% Apr 3 Dec 110 x25% Jan 30 28% 8% 10 12% 6,600 24% 24 25 13 14% Feb ft 8% Apr Oct 14V4 Mar 146 Jan 9% l.UUO Jan 13Va Dec 1% Jan 3% Dec 20% July 9% July 2,600 14 1 10% July 135 ;: 100 3% 2% 3 5% July 2,000 12% 1 2,160 14 139 13% xl37 26 % Jun 141/* Nov Apr 2 11% July 17 Oct 6 Dec 1% Apr 16% 16% 11 900 1 4% 4% 5 6,500 51 Oct 28% 30 4,100 14% July 26% Nov 33 33 100 20% May 9% July 36% Dec 3% 35 30 —25 Jan July 15 14 15 32 31% 32% 600 27% Aug 33 V2 Nov 35 common- 35 200 24% Mar 36 V4 Nov 92 92 50 85 Jan 9 8 Va JUn 16 163/4 15,800 13 Vi Dec 21% Sep 6,3/4 22,400 10 Co — 300 12% Dec Laboratories— 10c Co 16% Ltd— American dep rets ord reg (The) Co ..£1 5% ~5% —1 Hosiery class B common. Duro Test Corp common Duval Sulphur & Potash Co 5 16 16 16 Dec ft July July 6% 3,300 7% 13% Durham 13% May 1,400 4 28% —1 Jan 7% _» Co. Rubber 113/4 21% V 35 5 36% 6% 3% 7 ' (Allen B) 11% 13% 2% 25 1JL Sep Feb July 6% Oct 3% Dec 17 Oct Apr 50c 9% 4%: 9 9% ft % 8,000 4'/a 43/4 13,100 5% 5% • 3 9 iS 9 8 5% 3 3,200 1 3% 7% 20% ~9 j| 8 20% 53,800 5% July Dec 7 150 8ft Nov Dec Oct 9% Mar 20% July 24 Mar 30% July 20 47 Dec Gas & Fuel prior Assn common—10 77 ' 3% 3% 35% 1 8% 4% Jan 35 35% 850 32 Sep 8% 8% 1,800 4% 4% 300 90% 175 4% 5% 55,200 • 7% July 23/4 Mar 63 111% 4% Jan .- 43A Apr 26 V* Aug 393/4 Aug 9 4% 85 Jan 3% 900 2% July 75 65% July 60% May 98 88 26% 28% 82% 12% 3% . 250 10 Jun 11% Dec 73 Va Mar 34% Nov Jan 4 95% 86 Dec Dec Eastern Sugar Associates— ""Common shares of beneficial lnt $5 pfd shares of beneficial int Easy Washing Machine class B Electric Bond & Share 1 1 • 13 21% $2 convertible preferred 1 27% Sep 82% 100 75 Jun 13% 3,700 85 Aug 13% Aug 22% 133,300 5,100 106 70 16% > 15% 17 2% 1% 32 — Eureka 1 8% 2% 1,600 Jan 14% July 10% July Feb 1,300 7 1 Corp Ltd Jun 6% 1 Eureka Pipe Line common 18 6% 5 10c 11 105 1,400 12% 20% 12 % 1 Esquire Inc 103 5% 12 Jan Feb 49,500 1% 32% 29% Nov 2,600 4V4 Dec 1 % 53,700 18% 10 350 5% % 1% 32% 18% 100 Sep Oct Oct 6l/4 Aug % ft Jan 12 Sep 19% Mar 1% 5 Apr May 8% Nov 32 ' 23 y4 Mar 19% 108 21 Dec Oct Oct Dec Nov lH'/j Jan 2% July 3% Jan • vU-S-/.' Fairchlld 2s 6d July 85 Nov Jan Jun 24 95 Empire Millwork Corp Emsco Derrick & Equipment Equity Corp common 2% 62 100 98 5 Oct 1,200 86 100 17 NOV 38,400 • common 300 Dec 77% • Nov 19,400 7% 23% 13% —* 25 3% Jun Mar 33% preferred series B Nov 160 13 75% States Corp preferred series A Electrographic Corp common Empire District Electric 5% pfd 223/4 88% 12% $6 Nov 150% Mar 3% 1,500 1,500 $7 22 % 22 5 1 Eastern Oct 27 7% 213/4 32% 25 25 • 63/a 13 100 preferred 21% 25% July * 6% 21% • Sep 5% Mar 5% July 4,100 • £l 31. 3% 825 32% Chemical Co Ltd Class A common 5% • Amer dep rets A ord Amer dep rets B ord 1,200 3,900 —1 common Finance Corp class A Dominion Textile Co Ltd Driver 20% —2.50 Co Co Carolina Power & Light $5 pfd— Carr-Consolidated Biscuit Co Carreras Ltd— 7% Oct Ltd— Dominion Tar & Nov 23% 100 Carey Baxter & Kennedy Inc 4% 72 7% Jan * Draper Corp common 1% Mar 1,000 4,100 63/4 Jan 7% July — 2 % •. 1 common Dec dep rets ord reg 4s Dobeckmun Co Dominion 8 — 100 Marconi Capital City Products Capital Transit Co 8 , 24% 10 Dominion Steel & Coal class B— —£1 Industries Ltd— preferred Canadian Jan 8% 100 18,800 21 common— debenture 5VB • 6 Va % preference Canadian Canners Ltd common Canadian Dredge & Dock Co Ltd 4% 11% 50c Dennison . 23% • • 5 common 15,400 300 10c 4% 23 1 Power Insurance Canada Bread Co Ltd Canada Cement Co Ltd Oct 7% • 2,100 1 Mines Inc 4% % Camden 6y« D Eastern California Oct 9% * v 2.50 Brothers Inc 21% "5% ft common 5% Oct 13% 1 Products 200 12% •• common Eastern Malleable Iron Cable Electric 5% 8 Nov 9% Atlantic Curtis Dec 37% Apr Cuban 12% 12VaC Calamba Sugar Estate Calgary & Edmonton Corp Ltd 21% 9% 22% NOV dep rets Burry Biscuit Corp 40% 1% .1 Internkt'l "A" partlc Cuban May Oct 2.50 Ring Co Burma Corp Petroleum Cork Drug Co common.. Crystal Oil Refining common « $6 preferred g. 1 Dec * Bunker Hill & Sullivan Burd Cent Dec 1 Apr 4% July 13% Mar 3% 1 Crotfn Aug cumulative junior preferred—10 Brown Rubber Co common—, 1 Bruce (E L) Co common 2.50 Bruck Mills Ltd class B • Pipe _♦ 6 18 4% Nov 25 300 r 22% 11%. £ n% t 2% .1 i. fcrown Nov 6 33% Mar 9% British Celanese Ltd— Brown Forman Distillers Apr Oct 2,200 1 Crown Tobacco— Amer dep rets ord reg British Columbia Power class A Class B 10% 6% dep receipts (ord reg)—£1 14 £1 7y« Jan 1"% 400 Ltd— Petroleum 300 ^ Apr Jan 25,200 '-r 900 5 common— 700 • Nov 6% 5% 12 323/4 —— Petroleum Brewing Co Crosley Motors Inc Crowley Milner & Co Dec 17% 1% Mar 74 mfm — mmmm — Nov 25 % Jan 25% 71 .1 • |/AWW»VU 18 25 wg-g — 22% 2% 39% 6% 12 14% 1 Dec f7% < - Oct 5% '25%, Inc—— 14% • 9% : 38% 9% Croft Dec 11% Jun •: * dep rets ord bearer dep rets ord reg Buckeye A 7% 6% Mar 16% *—1• Power 4% * 6,800 Sep 18% 15% Mar ;• 1,150 L 1% 91% Nov July 16 25% 5% "l v45ft Dec * Jan 16 preferred-100 & 4% 8% 12% .»•>": 17% 1 5% 4% .oc 4 common American Dec Dec 9% British-American Oil Co British 3% Jun 37% Co — Car-Na-Var Class B non-voting Cornucopia jpgid Mines 13"% Aug 5% 9% 1 g-'aj. Jan 12 V* 37% Bridgeport Gas Light Co Brillo Manufacturing Co common ClaSS 9% 125 1 common Brazilian Traction Light Corp 38 400 common—25 Bourjois Inc Breeze Utilities- Dec Dec 3% common. 4% 38% 900 25% 5% .v 9% .1 1 prior cumulative 25 5%\ ■i'v Engineering Corp— 10% 8% 25 (H) Distillery Ltd— Class A voting Jan 6% 3% common if Apr 63 % July 1,300 Corby Dec 14% 3% 3 Blue 10,100 33.300 18% -1 8% 10% 2% 87% 18 _» 10% 14 1% 83 % U',n Corp. Jun 6 16 % Birdsboro Steel Fdry & Mach Co corn.* Blauner's common Jan 5% Continental 33% 14% 13% % 1 common Dec 121 " 8 1 Benrus Watch Co Inc Benson <fc Hedges common Inc "7% 1 common Dec 10% * Continental Foundry & Machin Cook Paint & Varnish Co 1,000 31,200 4% Y« 13% 1 Shoe Corp Aircraft 11 % 6% July 17% ' ~7% common Telephone of Canada Bickford's 12% 1 common 6% July 1,900 86% * Jan 4,200 1 Baumann (L) & Co Beau-Brummel Ties Nov 2,200 1 Dec Dec • Inc 27'% 10% 10 t-%. Eiarium Steel Corp Basic Refractories Bellanca 42 shares' Barcelona Tr Lt & Pwr Ltd Jun Nov 10% "7% Cpnsolidated Liquidating— Feb 5% 2,400 41 { 25 Oct 12% 69 10% ordinary 1956 to American 4% 60% Mar 1% Co Nov 7 500 12 Andjes— 24 10% 9% Mar 375 10% 1% Aug Jan 3% Corp Banco de 24 3,000 71 Jan 10% Manufacturing Co. Creole 1 100 13% 69 35 10% Community Public Service Compo Shoe Machinery— 41 6% 12% 41 9 xl2% 69% Airlines Courtaulds • Jan 9 X12 % Commodore Hotel Inc B & Wilcox Co 8% common— Development Colt's «?.!. Baldwin Rubber Co common Baldwin Securities Products Co Oct 11% 3 % 7% 17% Jan Colonial Sand & Stone Co 5% July 125 6% __ 7% —1 Jan Jan 2,200 Va 22% 13% Dec Lambert Cockshutt Plow Cosden Babcock Inc Neon Mar 16% Jun 76% 5% 7 5% 1 11 9% 3 22% 400 10 Colonial 7% 35 74 76 * Voting Machine 8% U 73 6% Automatic Steel Products Inc Automatic 8% 1« 73 6% Co Consolidated Gas class A Dec 6% Manufacturing—4Clinchfield Coal Corp common 20 Industries— American dep rets reg Associated Laundries of America 38% 7% Manufacturing Co_ Clayton & Consol Associated Jan 5 116% July 12% Sep 4,200 2.50 Aro Equipment Corp Aspinook (The) Corp Nov 3% 10 6% May 12% Oct 12% Oct 110 50 20 20% 800 10% 10% 112 • j.—• 4% 50 11,500 _ Controller Clarostat Oct 112V2 600 7% Mining common . 7% Jan Dec July IV2 —, 5% 35% 6% .2.50 City Auto Stamping City & Suburban Homes Clark £1 5 35% 1 5% July 8% 1% 5% 2 —10 common _ Club Arkansas Natural 9% Charis Corp common —10 Cherry-Burrell common— 5 Chesebrough Manufacturing corn- —10 4 Chicago Rivet & Machine Chicago & Southern Air Lines Voting trust certificates 2 Argus Cameras Inc 6% Oct 34% Nov Angostura-Wupperman 1 Apex-EIec Manufacturing Co 1 Appalachian Elec Power Wfr pfd—100 Avery Feb 25% July Cities 4%% 3% 25% July Feb 14,300 Mar Feb 1,150 % 173 Oct 2,200 10% 110 Feb ' 5,600 115% Feb 9% 37% % 22 Feb 49 Va 10% Dec 7 36% 115 7 300 48 % 1,090 169 165 Oct 98% May 10 34% 10% 2,700 —10 48 115% 12% 11% Dec 21% 36% • 10% 8% May 92% 21% 37 10c 25 3,100 Dec Chamberlin Co of America Co 14 94% July July 37% May Nov Jun 13% 8 Dec 46% .Dec 12 Dec Nov 86 V* 8 31 27% 7% Jan 250 34 Aircraft Jan 81% 550 Cessna Dec 4% 30 12 30% May 1 Dec 11% • dep rets ord reg Aug 10 Feb 5 American 6 17% Dec 10 Dec Angerman Co Inc common Anglo-Iranian Oil Co Ltd— Jun 3% Mar 15 V2 6,300 94% 169 3% Dec 8 83% 83 13% .100 19% Anchor Post Products 6% .100 1,300 5 High Jan .100 3,200 6% 7% 8 11 70,000 preferred Writing Paper common 900 .100 7% 2 17% 83% 1 21% pfd—25 common 2,400 15% .100 21% American 6% Products Light 4% pfd {Central States Elec 6% preferred. 7% preferred— Conv preferred opt dlv series Conv pfd opt dlv series 1929 Century Electric Co common Century Investors Inc Convertible preference Sep 10% 700 ft 27% ' Ohio 6% common Superpower Corp 5% 5% ' 20% $6 series preferred American Thread 5% 5% 17% .100 7% Class B American Republics American Seal-Kap 200 Co— Central Power & 3,450 % •• 24% • Steel Jan *•' % 31 Power 21% class A year 1950 Low 6% 1 of America- preferred- • Natural Gas Potash Range for High 6% r -10 10 American Low common— & Co Apr 1% 85 July M) (A • Co American Shares —1 1 com for Week 5% (J W) Co common— Nov 300 20 Meter Co Amer 51% 6,700 26% 10 1 Co Sales Range of Prices Par High 103% "~VA Light- Class B ex-distribution Hard 103 Week'a Last Exchange u 1 100 Co American 77 15 Beverage common American Lota 26 '/a —• pfd {American Bantam Car Co class A American 74% • common conv Friday New York Curb Range for year 1950 High Monday, January 22, 1951 . Sale Price 8TOCK8 Shares . 19 for Week of Prices Low PaT ' ■ Aluminum Co of America common $3.75 Rang* Price, . EXCHANGE WEEK ENDED JANUARY Males Last Sale Exchange !■: , Week't CURB YORK NEW '• 28 11 Sep iy8 Mar 11 Sep iy8 Mar Fairchild Camera & Instrument Engine & Airplane Fansteel Metallurgical ■ 1 22% 22% 23 % 1,600 1 8% 8% 8% 25,600 4% Jan * 18% 17% 187/a 10,000 10 Va Jan • 20- July 30% 9 20% Oct Dec Dec Number 4979 Volume 173 . The Commercial and Financial Chronicle .. NEW (405) YORK CURB EXCHANGE RANGE FOR WEEK ENDED JANUARY 19 Week's Friday Last STOCKS of Prices Low Par Fire York First Corp Fox B 4% -£L 2% Apr 3% 30% 75 27% Dec 33% Jun 11 9 — — .; 1 5% of 51% CO • — voting 7,000 < Jan % 11% 11% 1,000 8% 9% 1,600 8% : ' 1 8% • 300 45 10% — " \ Apr 11% 2,800 52% Dec Dec > Jeanette Glass Jefferson Co Lake Brown Jan -100 Gellman Mfg Co common 1 General Acceptance Corp 1 General Alloys Co * General Builders Supply Corp com—1 5% convertible preferred 25 5% - 17% preferred Electric General v 1" 17% • common Amer Jan 9% Sep 29% Feb 38% Dec 9% Dec 14 May ord Finance General Fireproofing General Outdoor 5% ~6% 1,500 4% Jan 5% 2,600 4% Jan 3% 3% 3,500 1% Mar 3% 2% 3 5,000 2% Dec 4% May 50 20 % Dec 23% Mar 3 > 20 % Corp 7%- 10 6 7% Kawneer Kennedy's Key Co Inc Gladding McBean Alden Glen Co & Globe Union Co Gobel (Adolf) B Class Kirby . Klein Lake Kleinert $4.50 preferred prior Goldfield Consolidated Goodman Manufacturing Gorham class Inc Mines Jan 4% Graham-Paige Motors 5% 16% 1,400 19 75 112% 112% 12% Dec 14% Oct Feb 111 July 116 % May Feb 109% May 3 Mar 109 May Atlantic Great Pacific & Great Lakes Oil Great Northern Griesedieck Gulf 7% 5,800 20% 1,050 17 Jan 22% Apr La 18% 100 13 Jun 18% Oct Lefcourt Nov 5% Mar 4% 8 Dec May Oct '28 16% 15% 16 Va 11,800 12% Apr 17% Jan 18% 20 13,600 10% Jun 21% Sep 25% 25% 500 4% 11 Jan 25% 4% Apr 1% Jan 500 41% Jan 54 35% 38% 650 Mar 40 T% "{8 8,600 55 35% ~~U 55 25 Jan 74 100 200 6% % 45 4 % Dec Nov 85 Hartford 7 6V2 31 % 900 15% 1,500 9 6% July 8% Hartford 11% 11% 4,000 8% July 12 '/a 133% 535 112% July 146% Mar 136'/a 300 129 Mav 137 1 2% 2% 2% 62,800 1 Apr 25 2 48% 46% 48%, 2,300 38% July 24 24'/a 300 21% July 31% Feb 9 ..' Jan 11% D6c 104 Dec Co 133% 136 135 180 106% 108% 108% Apr 22% July Hastings Hazeltine Hearn « Feb 2% 47 Dec % Nov 112 19% Apr Nov Le Class 5 %%• 4% Apr 37 920 44% Dec 53% Jun Dec 4% 2,300 1% Jan 5% 2% 2,900 1% Dec 2% May 7% 6% 7% 12,200 5% Dec 9% 10 24% 24% 5 7% 7% 14 13% " * common 700 10 25%' 2,100 6% 9% July 16 16% 50 11% 12% 1,700 91 100 preferred w w 100 . — _ Mfg 89 % 91 69 69 — — 3% — 1 common convertible 5% Hoe Co preferred 6% 7% 10 _ . Nov — - 7% 11 11% 12% 10% 13 1 3% 3% • Lone Star & Horn & 5% Baking Co 7 Sep 11% Mar 24% Dec 8 % Mar 13% Sep 100 — Lynch 16% 300 17% preferred Securities _ . 5% 1,000 4% Sep 9 % 10% 16,400 7% Dec 7% 7% •• 1 1 —5 5 —— 5% July 8% Jan 9,000 6% Jan 8% Jun 18% 400 16% July •4% Aug 22% Jan 13% Mangel 20% 20% 19% 14 29% 8% Mar 102 class * A i —5 —— ■' mi 77% Jun 12% May 3% Jan 6% July , 1 1 10% 5 (The Marion Mfg Co 26% 28 11% Nov 10% Oct 3% 45 36% 18,200 10 XllO 1,400 12 1,800 Mfg 9% July 42% May 13% 20 600 ~ 156 Oct Sep 27% Mar 10% Oct 34% May 113 % Mar 17% 16% 17 July 14% Apr 31 July 106% Jun 900 18 Aug 31 Mar 41 41 100 27 Jan 28 9% 1,400 6% Mar 11% July 14% 3% 105 Nov 4% Jan 3% Apr 15% 300 10,500 600 2,700 18% Apr Sep 3% Nov Jun 12 24% Dec July 3% 13 8,700 7% Mar Mesitm 1 Co iron Metal Textile 25c 15 1 2.50 • Corp common Participating preferred Michigan Bumper Corp Michigan Steel Tube Michigan Sugar Co common 6% preferred 10 i Corp Hone Petroleum States 1,000 8% 8% 13,700 7 6% 7 $2 dividend non-cum Co common 1 1 • 50c 10 Oil Co Miller Wohl Co 3% July Pictures 4.50% Monroe preferred series C Society com class A Loan Montgomery Ward & Co class A 1,300 22% Dec 4% Nov 1,700 Jan 8% 7% Apr 9% May 2 2,800 1 Feb 2 9% 8,500 7 Feb Feb 16 Vb Dec Feb 14% Sep 1% 1% 8% 8% 13% 13% 1,700 14% 13 14% 14,800 8% 11% 11% 50 9% May 23% July 12 Apr 25% 25% 150 21% 21% 22% 1,400 5% 400 5% 5% 23 24 , 1,500 24 Nov 13 .Tan 11% 101% 102 120 98% Jan 103% 1,400 99 % Aug 135 Dec 14 14% 700 12 % Aug 16% May July 1% 1%, 1% 2 v t c com ci 31.a Co A • 16% 9% 10 16%, 10% 12,400 31% 31% 300 17% 18% 1,900 102% 102% 25 40 41 43 Jun 16% 14% 16% 20,000 6% Mar 15;% Dec 2% 2% 2% 5,900 1% July 3% Apr 95% 97% 75 101% July 107% Jan 101% 101% 50 101 % Aug 102 % Nov 2% 3,800 2% Dec 240 176% Jan 3% May 186 Aug 200 1,000 2,400 3/„ 1,200 1% 5 29 % 9 Feb July Dec Jun 100% July 34 Feb 3% Oct 7 Yb Aug 32% 17% 105 Jan Dec Mar 100 101% 2% 1 pfd * 184 182 184% 97 Apr 105 38 Jan Jan 34% 36% 150 33% July 4% 4% 2,900 4% July 6% Feb 2,400 13% Mar 17% Oct 2,250 28 July 35% Mar 150 97 Feb 105% Jun 50 102 103 43 43 24 Jan 44 Dec 19% 20 500 18 % Dec 22 Nov 9% 103 10 700 7% Apr 10% Aug 200 12% Feb 18 10 18% 7% ; 18% 3,200 8 6% July Dec 11% May N Nachman Namm's -10 Corp Inc Apr 13% Dec National Fuel 7% Jan 13 Oct 14 Apr 5 May 2% Dec 4 Jan 1,160 17% Nov 20% 22 12% 13 11% 10% 11% Oct A Apr 1% Aug National Mfg 1% July 2 Feb Pressure Cooker Radiator Co Rubber common. —2 Sep 95 Mar National 13% Feb 18% Aug National Starch 9% Aug National Steel Jan National 5% Jan ft Dec 1% 10,100 Transit Ltd common 14% 13 9 1,700 14% 9 Jan 13% May 7% Apr 10% May Jan 15 Sep 3,000 8% Jan 15% Jun 100 7% Dec 9% Jan 10% ~3% 10% 300 6% Jan 18% 19% 1,000 16% Dec 27% 18% • 1-1 Feb 36% Mar 10% 10% 4 Machinery—-— -10 —1 Products Car 32% 32 % July % & Stores common— —1 National Sep 3% 16,100 I_25 Gas 15% 100 3% 21% National Mallinson Fabrics 10% July common preferred Apr 4% 3% 12% common 7% 7% 12% 15% 3% —1 • Hess Breweries National 1,100 15% 4% 15% —1 common 84% May 30 % Aug " J3 Dec 7% 60c common 88 16% Sep 33 22% July 6% , • 24% 7% & Tel National 1 Air page Tel States Apr 68 7,900 21,300 100 preferred Iron Fireman Manufacturing Nov Jan 100 Ohio Mfg Co National Bellas 1 % Dec 4% 4,800 Vernon-Woodbury 24% 2 Nov 21% 3% Jun 134% - 20 26% Jan Apr 133 : 3% Feb % 101% II 10% Mar 33% 100 Mills————5 5 Muskegon Piston Ring common 2.50 Mt 11 600 Oct 9% Nov 3% 17% 600 5,600 Jun 33% 34% 11% _» 6% 7% 15 33% 11% , Nov 5,400 16% 11% 133% Royalty Mar 12% 34% Muskogee pfd—100 Public Service Co— 8 56 ~7 17% Producers Muter Company common 13% Sep Jan July 10% 36% Oct 15%' 5% ~6% • 10c 10 Oct 13% Jun Nov 10% 12% Monongahela Power Co— 4.40% cumulative preferred 100 4.80% cumulative pfd series B—100 28 % 13% 10 111 Apr 1 1 common 28% . Jan 5 ~3% • common 18 % Mar 13% 4% - 1 Piping & Supply common Midwest Mid-West Refineries 18% Mar 15% Feb Dec ~7 * shares common 2,900 4,600 3% Jan Products— Steel Midland 45,400 1,150 17 1% 49 $1 conv preferred—* Oil Corp 29% R Dec 10% May 108'% Mar 12% 8% 11 29% ' 18% 27% 5,800 3% 100 preferred A 27% 10 Nov 25 Nov Sep 13%; Dec 40% 37 Feb 1,800 14% Molybdenum Corp Feb 13 11% Jan Apr 4,900 3% Oct 2 79% 6% 11% 44 39% 14% Jan 3 78% Jan 8% 9 Warrants 6%% 27% 79% Sep 2% 39% 10% . Merrftt Chnoman & Scott Corp— 29 .50 %1 ' 39 Va 11% 44 1 29% 14 July 34% May 1% Aug 39% 34 Mar 18% Oct 15% Mar 11% July 175 111% 12% 11% July 13 1 • 5 _• Jan 700 Feb Dec 80 27% 8% 600 500 Nov 500 24% 14% 13% 13% 13 46 700 25 25% shares Jan Oct-; 28% 28% May 17% * Co & Co • series see 26% > 29% May 12% 50c 4%% convertible preferred 50 Mining Corp of Canada • Minnesota Pwr & Light 5% pfd—100 Missouri Public Service common • Sep 6,300 4% V 4% 13% footnotes 7% July 12 35% Jan 30% July * For July 11 • Dredging Johnson Midwest Dec £1 Cigar Machinery Hydro-Electric— Chute Italian Superpower Corp 22 5,500 112% 112% 35% • common & Co class B Mid-West Abrasive .10 Irving Jan 16% £1 10 Shovel Power Harris (A G) Oct 7% July 2% July £1 Indianapolis Pwr & Light 4% 3.90% Apr 22% July Marine Ltd Co Communication Murray Ireland Iowa 26% Apr 13% Nov • Co—'—; B) International Marconi Oct 4% 22 % 23% • .Registered Imperial Tobacco of Canada Imperial Tobacco of Great Britain & Investors 24% Dec 1 • 10 Co Mapes^Consolidated 9 2% 4% 5 American dep receipts registered Imperial Oil (Canada) coupon Registered Jan 9% July 100 23% •/ > common 6% 14% 14% * common $3.50 15% ' — — 23% ' 27% 10 (Texas) acivice Manischewitz Mountain Preferred 22% Mar Chemical Industries— International Jun 26% 29% 10% 50 14% 14% May 8,100 2,400 22% 14 Mountain States Power common——• International Jan Feb 2,000 20% 21% 12% — Co Stores Mountain Co 7% 1,200 16% • Moody Investors participation Morris Plan Corp of America Zinc Jan 4,400 8 — — — — —■J—— Mar 10'/a 1 Inc Dec 5 12% 18% —— — 16 ' 8% ' !;i 18% —5 HIla Public Maine Midland 2% • 1 _ Food Products Imnpria) Oct Nov M Middle 4% 4% 1 26% 119 109 117% 5 _ . convertible Illinois NOV Jan 4% Jun 12 • 5% 10% 1 .- Chain_ Micromatic 450 14 — — 26. • . common Hygrade 16% ; Jan 14% Mar Jun 5 ft Jan 15% Dec 1% Mackintosh-Hemphill Co Monogram Hydro-Electric 9% 9,100 Ltd Corp Oct 50 32% 32 ' -5 (Harvey) Inc commonHumble Oil & Refining Hurd Lock & Manufacturing Co_. 1st 1,700 4% ■ Hubbell Huyler's 10% May 1 10 Jun 4% Apr 22 tt July 10% Longines-Wittnauer Watch Co Land & Exploration Power & Light $6 pfd. Oct 2,800 3% 166 166 32% common preferred —' __ • • Hardart 13% — . Hardart Horn Jan 8% "4% 1 G) (R Gas Jun Jun 4,800 15 Co & 16 11% 200 1ft 10 33%c Co » 14% 70 38,600 40 40 * A) 10% _ 14% Dec 2,700 . 11% Inc (Geo Jan common B 22% 10 _ Hormel 7% is 9% • Steel Jan 13 87 800 - *-» 2.50 _ Holllnger Consol Gold Mines Holly Stores Inc Holophane Co common Horder's 10 % July 1,300 Groceterias Class Locke 10% July 170 9% 5 & Co class A_ (R) 12 % Mar 2,000 10% common Midvale Hlgbie 350 13% common 11% July - ■ _1 common Jun Jan 2,000 • 2 ' 9% 16 2,700 7% 14 12% — - & Co 14% X9% Corp Dec 48% 1% 25c ._ common Holt 14% 12% 10% 27,700 10,800 24% 21,: 22 % 5% Jan Aug 12% Feb 9 4% - Co preferred Henry 7 Jun 14% • Co 4% Mar 100 2% • A Heller 1,300 2,100 4% -2 Rubinstein Helena 6 15% 36% 47% 48 % — Corp. Mining 5% 14% 1 Dept Stores common Hecla 14% 1 Mines Tourneau Lionel Mead 1 _ Co Inc lft * 10 5 2% 1«% Mar 36 V2 25 common Bakeries 1 Co Forge McWllliams • 15% 5 common Mfg Co Hathaway Ltd common 9,900 5 34% Nov Jan xl4% July • ; Light Brewing Jan 4% 4% Jan * 100 — Rayon Harvard 32 Apr UV2 Co Ltd— Electric Jan Louisiana 30 Co Paper 21 Louisiana 14% Alabastine_. Bridge Feb 800 Corp_. Realty Menasco Lamp Apr 26% Monotype Dec % Oct 53 H Hall 9% 42 26 Lit Brothers McKee Hamilton 107% May Feb 6% Aug 26% Machine Salle Extension University Lanston Massey Hammermill 103% 1 1 1 Lamson U Dec Jun Sep Dec 6 % Paper Brewery & 11,400 58 3% 15% Western Lime 7% Nov 57% 4 Va States Gypsum 20 Jan Dec July Foundry & Machine Corp of Delaware Lakey 10,700 19 % Stores Products common—25c Utilities $4.40 pfd 100 Grocery 107 Sep 12% 16% 9 Tea— Chemical & 107 14% Jan Aug 10% Mar 500 33 Stores Shores Lake 27% 4 stock Non-voting common 7% 1st preferred 1,600 18 50 Laclede-Christy Company L'Aiglon Apparel Inc 4% 4 pfd—25 1 5 conv Rapids Varnish Manufacturing Co Gray 50 12% 17 t 18% * A Gorham Manufacturing common Grand Mar Feb 50 Co Jun 21 3,000 Rubber Co (IB) (The) 14% 11% xl08 8 M G Hotels Kobacker 11% 14% 12% Sep 112 Dec 14% 14% 9% Dec 4,800 35 , (D Emil) Co 19 • 1 B Jan 19% 24% May 107% 1 * common class A 4% 20 18% 35 Petroleum Kirkland 7% 105% 105% 8 Sep 100 * Inc Sugars 83,400 Jan 22% May 35 King Seeley Corp Kingston Products Loblaw Godchaux 8% Jan 3% Jan • Kropp Jan 5 Inc Dec 17% 50 Krueger Brewing Co * class 2 25 8% 100 Oct 1 Coal Distilleries Glenmore preferred JUU 2% * • 25 ~ 600 8 Kings County Lighting common cumulative preferred— 4% Jun 35,500 6% common 3% 3% Corp— 8% 5 % 4% 4% 7% —, Co 8% Dec Dec 21% Dec 33% Nov Jan 1% * & 8% 7% 7% Jun 6% 1,700 5 common (Walter) Dec 17 3% 1,000 3% • Apr 107 % 1 Mines 3,100 3,000 2% , 2% 10o pfd Co 5% Feb 4 '/a Gold 200 100% 4% C) Dec 50 * 1 Co July 6% May 102 % 102'/a 17 & Corp 3,200 21 20 21 102 % 112% (A 9 1 6% 5% * Gilbert 20 % High 21% Kansas Gas & Electric 4%% Knott 5 100 pfd 6% Georgia Power $6 preferred $5 preferred Gilchrist Nov 5% 1 common Adv Yellowknife 99% 3% Plywood Corp common 50c 5% conv preferred 20 General Public Service $6 preferred—* Giant Oct 5% General Gerity-Mich 16% 6 £1 reg Corp common— preierred series A •; 5% 13% July 89% Jun Ltd— Co rets dep General 2,300 1950 K Kaiser-Frazer 4%% Co 30 "2% 3% Kimberly-Clark Power 6% 32%, 6% 6% (N common Preference Kidde Gatlneau common Sulphur Co Stores Oct Feb 11 Va > year Low Oct 7 :•••; Range for High Oct 64 - 7% > Low J Jan 1% •><"18. - 10% Shares Julian & Kokenge Co. ^ % July ■ 100 8% 44 44 25,800 for Week Dec 5% ■;. Jan 11% —5 Co A) 21V 22% 11 -50 preferred convertible -:;" 1 3,800 V— r 5. — France— Franklin Simon & Co Inc common.. (Gen 4*8. . Range of Prices Par May Sales Week's Last Sale Price Exchange Jan 3,200 51 deposit receipts bearer. 1 Pitt Brewing Co 1.25 (Peter) Brewing 4%% 76 3% __ New York Curb High July 30% non-voting Motor Fuller 55 3% . ?>.;■ — American Fort year 1950 Low 120 62 Canada— of A Class Ford -Range for Jim deposit rets ord reg Motor Class :'V Friday STOCKS Shares Co Ltd— American •>< 3% (M H) Motor Ford .10c common .» High 61% 61% 1 cumulative preferred. —1 Co Inc — dividend $2 Pishman Pord -10 (Phila) Association Sales for Week Ranee * Sale Price Exchange New York Curb 28 3% 3% 200 1,100 16% July 2% Jan 10 Dec 20 Oct 27% Dec 4% Jun 20 The Commercial arid Financial Chronicle NEW YORK CURB . . . IV^ondsy, Jsnusry 22, Idol, EXCHANGE RANGE FOR WEEK ENDED JANUARY ID ; Week's Friday STOCKS Last Sale Price of Prices Low Par 30c 4'/a 4% 17% 4% 97'/a 96% 2% 17% Dec 97% New England Tel & Tel—. Clock & Watch New Haven 4%% Park New Process New York Co Dec 6% 550 Feb 102 % May Jun 3% % Mar 7% 3% Jun Dec Dec 8'/a 9 71% 74 4,100 49 Mar 76 Dec 9% 9 % 9% 3,700 7 July 10% 1 2% 2 2% 80,500 1 Jun 2% 59% Aug 76% 1 25 74% 8'/4 8% 500 35% 36% 900 11% 8% 35 %■/.. 11V* ——10 * 74% -- Rosario—*—10 11% 150 9 July 14 Nov 10 19% 20% 500 16 15% 16% 6,500 ——* 16% 15% 16% 7 Feb 31 2 U 2% 2% Jan 49% 700 Mines North American Rayon $3 preferred—50 North American Utility Securities • Texas Oil Penn RR Ind Northrop Aircraft 101% 102'/a 500 102% 1 14% 13'/a 15% 17% 17% 18 Corp • ^ Dec Jun 16% Dec lli Dec 49% Oct 2 2% Dec 93% Jan Sep 5% Feb Jan 97% July 6% Oct 20% 10% Mar 103 % May Jan 14% Dec 13% Aug 18 % Jan 23,500 5,500 6 July 84% pfd—100 4%% Inc Apr 15% 9% 4,400 50 Pub Serv Novadel-Agene 400 5% 4% 20% July 43% 200 18% 18 5 7s 1 Co Northern 5% 5% 5'/a 5 Northeast Airlines North Fifth Corp Brass Ohio Power Oklahoma Oliver class United B -.100 --15 30 Filters class 29'A 11% * B— 8% —1 1,000 i7e Nov 175 \l 41% Jan 55 111% 112% 112 Gas— Olympic Radio & Telev Inc— Omar Inc % 52% * common preferred 4%% Natural 100 30% 2,800 12 O'okiep Copper Co Ltd Amer shares— Overseas Securities 1 38% St Lawrence —— 16% 15% 16% 5 8/a 8% 1st pfd—25 25 36% 34% Pacific Gas & Electric 6% 5%% 1st preferred 1st 32 31% Schulte 37% 9'% July 6% July 13% Inc (DA) Service $1.30 1st pfd t v Motors Jan Dec cumulative Penn Gas & Power & Dec 2/ uc c 29-/4 90 vn .Tun 104 preferred 17,400 1,500 13% Jan 600 1% Jan Seeman Bros Inc * Segal Lock & Hardware Shoe Selby Selected Radio Light 4 V2V0 A 4% Sicks Pneumatic Scale 7U Inc Metals Oct May 51 51 100 38 % Apr 45% Nov 5 97,600 2% Feb 4'/a Dec 7 51,300 4% 6% 7 4% 16% 17 50 37 350 Dec 14 35 % 20 12% 13% 57% 57% 5% 13 6% 6 1,500 . 20 6,100 7% Jan 17 Feb July 31% Oct 9% May Apr 3% July 13% Dec Dec 40 5% 100 3R% 150 23% Aug 48% 26% 200 26 % Dec 29% Jan 12,400 9% July 13% Nov 5% 111% 27% 13% 14% 5% « * % 9,600 110% 111% 75 6 2% 107 5% Feb Mar 38 39 38 3% 3% 72 3 2,250 % 30 % 2% 5% July 1,100 Jan 72 73% 1,000 15 % 15% 400 Apr Apr 40% 4 Dec Jan Sep 53% Jan 71% 11 Jan 18% Sep % it 3,700 % Jun 21% 22% 1,000 17'/a Jun If Feb 113% May 4% July 9 2,800 4 4% 2,400 3% % Dec Jan 24% Mar Jun 85/a Aug Sep 4% Oct 23% 24% 400 Jan 25% ~2% ~2'f« 3% 5,300 1% Dec ~2\l Feb 9,100 1% Mar 3% Dec 1 3% 50 5 1 4% 3% 17 63% 61 64% 1,820 52 Jun 61% Sep 35% 35% 36% 2,800 18% Jan 36% Dec 4% 1,500 3% Jan 4% 18% 19 150 14 4% Jan 18 Sep Mar 25c 5 4% 5% 7,600 3% July 5% May 2.50 11 10% 12% 18,000 6% Apr 8% Jun 21% 22% 525 14 % Jan 20 % Oct • 95 34% —1 B 3% 600 15 1,300 Mar 9% 11 % 2% 3% 59,700 8% 200 7 8% 8% 8% 400 8% 27% 26% 27% 1,000 14 —* 15% 500 Colorado— 98 May 37% May 30% July 8% —* — 800 12 14% 15 36% 11% 2.50 Nevada 5% —1 common of ——25 4 15% July 9,000 Ltd & • • 95% Mar 200 88 % Jan 2% Dec 4% Mar 6% 1,600 Jan Jan Apr 9% Apr 2% Aug 14% Sep -W. 1% 2,400 1,400 11% 200 7% 7% 10,800 x32% 34% 1,500 64 4,050 51 108% 109 50 106 23% — ; 2% 5% original 4.88% 1% Jan 13% Jan 19% Jan 3% Mar 9% Oct Oct Dec 12 9% Mar 5% Feb Dec 29% Dec 69% Jan 19% July Aug 24 109% Dec Feb Jan 24% Dec 15% 500 Jan 23% Nov 5% 5% 3,300 5% 17% Aug 3% Mar 19% 27 • 31% May 7% Apr 21% Aug 3,100 Oct 5% Aug Publications— 5% 297 297 305% —1 common 12.50 . 32% 15% 16% 10,400 13% 4% 4% 9,700 2% 9% 1,500 17% Aug 5% Apr Jan 9 Get Nov 64 Jun 4% Mar 3% Jan 15% 8% Mar 6% 39% 38% 7 39% 25 Jan 10% 5% 25% Feb 39 % 14 — Jan 28 Oct 43% Sep 48% Jun 3 600 2,800 10 preferred 325 Dec 2% Aug 1 common Dec 242% 1,930 • common— Nov 4% 21% Aug __ £1 1 Corp Jun Dec Mar 15% 1 Oil Dec 92 * .— 4% 33 12% 61% 2% 14% jan 22% Jan 80% July 14% 62% Apr 18% May 2,100 1% — 2% Mar 3% 500 3% % 1% Apr 32% Dec Jun July 2% July 40,700 Canada——_—* Southwest Pa Pipe Line Southern California Edison— 46 46 30 Dec Nov Dec cumulative preferred 25 28% 29 1,900 4.56% convertible 31% 31% 1,000 convertible preference preference 25 4.48% 25 29 29 200 27% July 31% Mar 4.32% cumulative preferred 25 26% 26% 400 Dec 28% Mar 4.08% cumulative preferred 25 25% 24% Dec Spencfir Power Common 4% 500 3% Jun 26% Nov 4% Jan 47% 1,800 32% Feb 54% Aug 5% 5% 5% 400 2% Mar 5 5 100 3% Jan 5% Oct 1% 10% 1% 1% 1.000 % Jan 2 Jun 10% 11 ■,;•" 3,100 20 21 1 20 1 10 (Ky) & Light 1 common B— class * ■ preferred —_———* $7 Standard Products Co Standard-Thomson Standard Tube Starrett of Co Stein (A) Co. 1,000 16 Jun 18% 15% 15% 37% 17 I,900 15% 38 3,500 8% July 33% July 38 7% 81,100 6% 7% 7% 3,500 162% 165 3% 3% 140 40- Jan Feb Dec May 8% Mar Jan 77/a Mar Jan 173 July Mar 6% Jan 10% 7% 15,300 4'A Feb 7'A Apr 4% 5% 5,600 2% Mar 5% Dec 4% 4% 4,600 4 • 32% 33% 500 16% Mar 27% • 23 23% 550 Jan 15% 1,100 21% July 10% Mar 25 15% 17% Nov 1,000 7% 6% 5% 4% ordinary common _5 com 1 7% 7% 10c 3'A 3 % 3% 5% 4% 5% 18% 19% 2 21% & Co common——.—* 30 29 % 4% 25c Inc . Corp 23 * Apr % Jan 3% Dec Jan 7% Apr Jan 21% Dec 1 3% 4 1,900 1% Dec 50 15% Jun 3,650 4% 500 4% 13 900 13 15 14% 700 2% 5% 13 Dec 8% 7% 19% 30% 6% Mar July 21% 23% Sep 3% II,900 5 — t Nov 6,800 1 , 7% — Jun 160 Dec 1,900 ——1 Oil 1% 5,100 6% 7% 163 —i—1 Ray Drug common Superior Portland Cement, Superior Tool & Die Co Finch 3% 20 8% Sun Swan Mar 19 250 2% 18% 8% Stetson (J B) Co common——————* (S) 15% May 23% May 7% July 2% ——1 Sterling Aluminum Products Sterling Brewers Inc ^Sterling Engine Co Sterling Inc Stroock 2% Dec 5% 19% 1 — Stinnes (Hugo) Corp Stop & Shop Inc 20 8% B Corp Canada & ———--1 Corp class (The) Jun 4% -10 Dredging Corp common preferred— Standard Forgings Corp Standard Apr * 2.78 1 convertible Oil 200 29 Va 33% * Standard 25% Dec Dec 46% Co Corp__ Standard 25% 27 28'A 47% 1 Royalty Stahl-Meyer Inc it Standard Brewing Co Standard Cap & Seal common Convertible preferred r $1.60 28 % 5 Pipe Line Shoe Apr 2i7ff * of 4 Co Steel 23% 1 10 Gas Coast South Penn Southland 23% Dec South Southern 41% •27 % 14 1 95 3% 1 Corp Dec 41% 4% common 95 3% ————— common Manufacturing Jan 57 23 8% America of 105 Jan 100 class 7% Dec Jun 1 of Producers Corp Nov 6 9?% 4% common Public Service 500 ~8% 6% 1st preferred Pratt & Lambert Cd Providence 46,500 ,—10c Polaris Mining Co Powdrell & Alexander common Power Corp of Canada Prosperity Co « 97 * common 92 rets ord Aircraft Sonotone SosS * Pittsburgh & Lake Erie Pittsburgh Metallurgical common Pleasant Valley Wine Co Solar 105% Jan 50c Pinchin Johnson Ltd Amer shares Pioneer Gold Mines Ltd Piper Aircraft Corp common 34% 90% registered Smith (Howard) Paper Mills dep 107% May 2.50 common Amer Sep 15% 100 Phillips Packing Co Phillips Screw Co 33% $3 convertible preferred * Simplicity Pattern common 1 Simpson's Ltd class B———* Singer Manufacturing Co —10U Singer Manufacturing Co Ltd— Sep 2.50 Corp 12 91% — common 102 25 * 150 33% — Coip Breweries Co 101% Dec • pfd 14% .~5 ———— preferred _————100 50 July com 14 3% Inc Sherwin-Williams 30 14 1 1 3% certificates B) 33,600 common—1 stock— (R 3,500 2% —25 stock $5.50 20% 2 17% 2% * Inc Convertible prior 20 1 Co Industries 104% 25 Co Governor 29% May Sep Dec 2% 2 Nov 2% 3% 3% 2% Aug 1 % July May Df»C • Pharis Tire & Rubber common Philadelphia Co common Prentice-Hall May 22 Pep Boys (The) 1 Pepperell Manufacturing Co (Mass)—20 Pressed 32 27 25 Penn Water & Power Co Pierce Dec 400 1 common Electric class Circle Dec 27% 100 Corp Perfect 30% 300 22% Reel preferred—, Penn Traffic 1,100 37% May 34 V* Jun 1 Peninsular Telephone common $1 cumulative Penn Dec ■>«% * $1.32 Feb 33 96% 2 Pennroad 9% 60 Feb 32% Shoe Corp of America class 19% 1% 2% 2 7% 14% Patlcan Co Ltd 13,600 33% 22 Patchogue Plymouth Mills 3% 5,900 31% Dec 5 Parkersburg Rig & 3% * 700 8 - 3% 5 14% Corp 1 Shattuck Denn Mining Shawinigan Water & P0wer Jan 400 4% Co Pen 4 14 28% • Panatapec Oil (C A) Amer shares 3% 29% N07 2% 102% 103 % c 3% 12% • common A) 25c Jan Jan Mar 1 31% 37 400 29% 14,800 1 Jan Jun 10% 10,300 2% * 16% 6% 33,900 66% 2% 1 Sherwin-Williams Jan 33% 54% 14% * Pancoastal Parker Sep Dec 27% 12% 28% 100 common Page-Hersey Tubes Paramount 7% x5 2% 1 28% 104% 1 Light 5% (C Aug 653,\ 1 27% * preferred Oil 6% 33 common Oct 9% 1 * 28% • Ltd & 15,009 Seton Leather common 28 25 Pacific Lighting $4.50 preferred $4.40 div cum preferred Power 7% Sep Dec -1 Corp General Nov * Public 14,200 6 % Apr 9% 10'A Scullin Steel Co common 12% 29 Pacific 6l/8 14% Apr Jun 5 Securities 19% 28 % 28% Pacific 5 11% Aug 3% Mar 4,500 5% Sentry Safety Control—— Serrick Corp class B 3,300 32% 28% Petroleum x7% 200 10% High 8% July 7% Feb 49 common Apr 1,100 25 redeemable 4.80% red 1st preferred Pacific 9 1st preferred 25 1st pfd series A—25 preferred 5% 9 9% Jun 115 Dec Ltd preferred Corp common Savoy Oil Inc (Del) Sayre & Fisher Brick Co 16% 1,100 36% common redeemable > 7 United Simmons-Boardman 5% • Petroleum Corp convertible Samson Silex 5% 24,700 9 10 1 1,200 39% Co 900 NOV 1% Mar 49% Dec -' 26% 4,900 19 Can 8% 12% 1.25 common- 100 18% — 111 250 9% 87/a -1 Pacific 8% 11% Ryerson & Haynes common- Sentinel % 50c common Co 872 12% Co Consolidated Ryan Allotment O Ogden Ave Aeronautical Semler Ohio Ltd Oil Co Russeks Ryan 1st % Aug Jan 28,900 49 % common——5 Corp North Central Royalite 1 • common Feb 13 /. 22% July 11,300 5 1 shares Niles-Bement-Pond Nipissing Corp year 1930 Low Dec • Co common— Merchandise Founders (The) Rowe Range for High Feb 8% Low Par 7 Shares Dec 9 New York Shipbuilding Corp— Niagara Share for Week Jun New York & Honduras New York 89 2,400 Apr Dec 73'/* common Auction 4% 100 380 4 5% 21 —1 Land Co Mining V preferred———2o —25 convertible New Jersey Zinc New Mexico & Arizona New 3% 1 Co Range of Prices High Jan 3,400 4% -100 14,200 20% Meter Range for year 1950 Low 4% 20Mt Neptune Sales Last Sale Price Friday Shares High common —-—2.50 Nestle Le Mur Co common— 1 Union Radio National Week's STOCKS New York Curb Exchange Sales for Week Range New York Curb Exchange Jan 3% May Sep 22% 27% Nov Jun 6 24 4,000 17% July 2% Jan 100 8% July Jan Jan 4% Dec 12% Nov Sep Dec 10% Mar 4%% cumulative preferred 100 Puget Sound Pulp & Timber com-—* Pyie-Natlonal Co common 101% July 5 Pyrene Manufacturing 10 9% 10% 1,100 14% 105 Feb 10% July 6% Jun May 25% Dec 14% Dec 10 I Dec Electric Tampa Light $4.56 pfd Power 6% common preferred Quebec Power 139 5 —. 134% 139 34% 33% -———100 — Co 34% 157% 158 % * 18 % 18% 520 1,000 80 75 95 July 32 % 154 137% Dec 35 Nov Tllo —10 — Rights $3 convertible Manufacturing Reading Tube Corp class common A ; (Robert) & Reliance Electric Co„ & 2% 26 % 160% Jun Tisnman Realty 18% Oct Tobacco & 10 5 11% 11 11% 41,500 5 5% 1,300 6% 7% 400 4% 4% 4,300 2% 45% 1 Valley Gas (Texas Corp) v t c 45 46 — 1 Steel footnotes see Co page 10 2 Dec 28 Jan Tri-Continental 27 Feb True 58 6 Va 31. 1,200 Trans Lux Feb Trunz Jan 13% Apr Tung-Sol 3% Aug 5% Nov 5% 3% 20 preferred 1 Corp Temper 1 8 Nov 36 % Apr 26% Apr 113% Jun 600 13% Feb 3,000 5% 9% Oct 1,700 Jun 14% Aug Feb 300 14% Sep 18 Jan 19 Va 8 Oct 7% 2,200 4,300 6% July 87/a Jan 16% 18% 90 90 100 100 % Jan 52 /a 53% 500 33% Jun 3% 4,400 1% Feb 3% 25 100% Dec 105'A Jun il Mar 1% Dec 12% Jun 16 75 Jan 115 4% Aug 52 3' 102% 102% 1% 1% 3% 3% 2 6,900 • 2% Mar 3% 4,100 3% 3% 23.000 2% July 20'A 3% warrants Corp 22% 2,450 16% July Dec Apr. 5% Oct 1 Apr 50% Dec 6% Jun Oct 3% May 21 Dec Mar 7% Aug 5 Ya Sep % Dec Feb 2 Jan 437a 32 common. preferred 1 17% 16% 17% 5.000 17 % 100 Nov 26 8% Jan 20% 11% Mar 25 19 16% 17'A _• Dec Jan Works 19 * , Lamp 20% Sep Sep July 27% Inc 80c convertible Apr *"f u 20,500 2 % Mar 37a Sep Apr Ulen 2% Unexcelled 2% Chemical 20,500 1% Dec 27a Union Gas 99 % Apr of 1027a Feb Union 38 Investment 4672 May Union Oil Co 90 97 July 200 25 Jan 8% July Realization 9% Corp Co— 7 574 * 17 16% ——.—4 Apr Union 13% Nov United Aircraft Nov United 22 % Mar 42 % Dec United Elastic — * Corp warrants 3,200 9 1,100 6% 46% 8.100 Stock 400 25,400 2% Mar 57/8 Dec 2,400 18% Nov 200 11% July 7% Dec 9% NOV 75 x98% May 7 7 7 Oct % 774 17 % July 1% of California— 14% 14% 10% 74 5 Corp preferred series A Jan 13% 10 % 10c Canada Mar 14 % 10 % 41% J% 18 100 $3.75 45% 1 70c 4% % 36 • 16 7% * Mining of Nevada 98% 2% 100 American dep receipts for ord reg—£1 Rome Cable Corp common 5 Roosevelt Field Inc 5 Construction 3% 3% Co— Rochester Gas & Elec 4% pfd F, Roeser & Pendleton Inc common Rolls Royce Ltd— 16 1 Toledo Edison Jan Jun 16% July Security Trust Co Ltd— deposit rets ord registered—£1 Jun 54% 4,200 2% Oct 23% 5 14% 25c Stocks Allied July 20 18 7% 13% deposit rets def registered—5s Tonopah 1% 56 2% 29 17% 7% 14'A Todd Shipyard Corp common Toklan Royalty Corp Jan 24% 56 4% 21 350 56 t Inc 30% July 110 * 5 common Inc— Jan 1,200 1,200 • Grande 7,000 25 : 5,300 1 13% Mar 30,500 x24 ———1 Engineering- Richmond Radiator For 1% 26 6% 25 1 Inc Rotary Electric 2% 26% 25 * 1 Reis Rio 4% 6.25 Reda Pump Co Regal Shoe Co_ Rice-Stix xl7% • preferred Raytheon 1 10 900 19% Amer 5% - Utility Investment A Rath Packing Co common Raymond Concrete Pile common 37% 18% Amer 17% - & 35% 19% 5 common Markets Roofing Tobacco Railway 36% Nov R Railway & Light Securities— Voting common Co Corp Corporation Thorofare • i w & Shovel Thew Thiokol New —• ——■* common common Texas Thor Quaker Oats common^.. Co Technicolor Inc Yards of Omaha! Products Corp 102 72 10374 — —100 * Jan 74 ~6% 674 6% 8,500 2% Mar 7 A common—50c 64 101% Aug 7a 372 64.400 Y« July ft Jan 36'A 35 % 36% 500 Dec 33% Nov ' 31 Nov Dec Number 4979 .Volume 173 . . The Commercial and Financial Chronicle . NEW , v: •'.v ■ I,!';.■ ' '■ ,■ ; Week's Milk 75c Products particpating United Co deposit rets United NJ United Sharing preferred 10% U Air U S Foil S and ..10 S U Co class 5% % 5% 4% 3% July 236 • ^Debenture 50 4% A 7s Aug 6% Nov with Nov 1 Superpower Midland 6,600 49% Jan 300 38% Nov 43 Jun New England Power 14 % 14% 200 12 Jan 17 Jun 2 S 31% 1% 2 31 5% July 1% 1.900 Jan Apr 8,500 15% July 30% Consolidated 14,000 2% July 4'/a Feb 375 84 8% 8% 9% 9.000 4 Jan 9% 5% 5% 5% 1,800 1% Mar 4% Nov 50c 2% 2 2% 3,200 1% Mar 2 Apr .10 .. Insurance Universal Products 69 91 63 % 69 25% Utah-Idaho -10 Co common _ . -10 31 ...5 Sugar 26% 30 3% at 4% 83 85 Year 11)50 No. 85 Low High 79 66 $48% JUar-Nov Jan-July 1963 to 98 46 63 42% 56% +15 44 44 3 April-Oct mortgage 6%s 1953 73 73 1 60% May-Wot) 3%s 1961 105 105 3 104 Ve 49 13 43% 53 104% 107% 103% 105% -Jan-July Ohio Power 1st mortgage 3%s Dec 1 Oil. A 1st Jan % Mar 93 47'/a 48% 800 40 Feb 63% 24 July 28 % mortgage 3%s Dec 50 1st 31 3% Jan 350 25 % Jun 35% 2% Feb 3% 1971 106 106 73 106% 52 101 —— 98 % $104% 105% __ 100 104% 106% 104 % — 10b- Hydro-Electric Co— with A ex 6%s 105 $98 $104% 105% Jan-July A6%s Apr 106 % $104 April-Oct 1970 Piedmont Nov 5,400 3% 3s April-Oct 1968 Park Lexington 1st mortgage 3s 1964 Jan-July Pennsylvania Water & Power 3%s 1964—June-Dec ' Universal Range for Sold High Dec 5% 89% Extended 2% May 1; 32 % 4% ■■ 40 —1 common. Rubber Reclaiming Co United Stores Corp common Bonds Nippon Electric Power Co Ltd— * preferred with warrants..... Radiator 5% 48% 41% • S Jan-July 1963 40 1 Securities... Range Friday's Valley RR— 6s 45 .10c _ 1952 1952 1940 coupon 1952— A Italian :;.fe lv',.; Mar i*6 July certificates escrow Isarco Hydro-Electric Co— A7s with Nov 1 1940 coupon Oct 246 Jan 3,100 or Bid & Asked Interstate Power Co— Oct Sep 14% 1 Corp B International Universal 10 % x24 45 25 common Conditioning 1st S5 U % % Sale Price Low 41 Specialties U 100 Last Period Exchange High 17% Feb \ 'jL 25 • Shoe Machinery common S —»■ New York Curb 1950 year 7% July 75 11% "\V 6 Preferred United . Week's Friday Interest BONDS Range for Low 100 common _ United ' 5 , Canal— &: RR 10% ; ■ EXCHANGE WEEK ENDED JANUARY If) 1) Shares High registered- ord Profit Low • Ltd— Molasses Amer of Prices _• common preferred FOR for Week l.ast Sale Price Par United Sales Ranee Friday STOCKS New York Curb Exchange CURB YORK RANGE V. ■; 3V (407) Oct Oct 1 1940 1947 1 April-Oct 1960 coupon $48 — 61 $15 19b0__ coupon 55 Public Service Electric & Gas Co— • 50-year 6% debentures 1998 Jan-July 163% 163% 4 160% 165 April-Oct 103 % 103 % 4 103% 105% 1981—May-Wot) : Mar-Sept $103% 104% 1027/8 103'/8 163% Queens Borough Gas & Electric— 5%s series 1952 A V Safe Valspar Corp 1 common convertible S>4 1 preferred 7% 7% 7% 85 4,800 5 Feb Sep San 82 85 30 68 Feb 82 Dec Southern 40 5 41 450 27 Vanadium-Alloys Steel Co * Venezuelan 1 9 % 9 20c 4% 4% Petroleum Venezuela Syndicate Manufacturing Vogt Inc Harbor Jan 41% Dec 3% Mar 9 3/« Dec 2 >2 Feb 47/8 Oct Southern 900 11% Dec Jun Southern Counties 137/« 13j/2 * California 13.000 4% 16 series 3V«s 1st and 1st W ref Co.. M 7% 3% 600 voting trust ctfs ext..* Wagner Baking 3% 7% 7'/a 1,200 preferred Waitt S2 Watch Eaking Wentworth West Inc Co t v c 2% warrants Utilities $6 Maryland Ry 7% Tablet & 14% 1,400 9% Feb 13% 2% 16,800 % Feb * 7 3,200 3% July 7% Dec V 111 182 26 Nov 26 185 Aug 157 Jun 200 28 Coal 38 39 375 27 Apr 39 A Inc 10 23 23 100 18% Apr 22 1 24 24 17% Feb 29% Dec 16% 19% 2%s Dec Weyenberg Shoe Mfg Whirlpool Corp 38 % 5 19 % 50 14% Jan 1,700 Inc 2nd Feb-Aug 1970 106% 101% 103% 9 105 % 105% 106% „ 105 — $96 98 86 May-Wow 1989— 5s coll trust stamped 6%s with Aug 1966 86 ~5 76 90 36 3 31 58 35% 3 31 58 48 64% April-Oct Jan-July 34 ' . 34% April-Oct 1946 89% $48 Feb-Aug 1953 1940 coupon 1 101 Electric A 7s with A 7s ex 1 1 $102% 103% May-Nov Service Dec Dec $15 1969 revenue United Nov Westmoreland 250 5s 3%s 102'/a 102 % A6%s ex Aug 1 1947 coupon 1953 Triborough Bridge & Tunnel Authority— % Mar Westmoreland 26% Jan-July & Bros 105% 103% 1 104% 105 — 1971 & Electric 108 104 11 $104 Terni Hydro-Electric Co— Oct 24% Fen 80 * 20 com (Calif) 105% 105 __ April-Ocf 109% 103 32 Apr 9% Aug 114% Jan — 185 A7-4s July 8 ; 2,400 1970 104 104% 104% U04 104% (Hugo) Apr 3 8 Gas 1973--— 3%s tl03% 104 % Mar-Sept Jan-July Feb-Aug Corp— A7-4s 3rd stamped 1946 Stinnes (Hugo) industries— Sep 2% 6% pfd__10o 1st Stationery 115 7% .—1.25 preferred Western Western Jan 1% Mar Gas 3s (A G) Corp Stinnes 3% July 9% Jan 4,500 2% 7 109 2 12 1 i w Jan 5% July „ 1 % 1% 30 Co Manufacturing Texas "■ 1 preferred cum fWaltham Ward 100 Bond & 1% 1965 3s 3s series B mortgage Spalding • Edison California Starrett Aircraft Corp 3s 1973 A Southwestern Gas Waco Power Joaquin Lt & Pow 6s B 1952 10,700 9% . 7% Water 1947 104% 100% Co— 1940 1956 coupon $48% June-Dec 63 v $15 1956 coupon 50 __ Waldorf-Astoria Hotel— A5s income 24 '/a Mar debentures 1954 Mar-Sept 97 97 91% 97 98 Whitman Wichita (Wm) River Wickes Williams Willson IRC) & Products Wilson 5% 8c Co. & Lt Industries 400 16 2 15 15 8 17% 16 _5s receipts 16 36 105 3% Ltd $106% 105% 107% June-Dec $116% 117 116% 120 $100% 103% 101 105v 9 Western 6s Newspaper conv f s 1960 5s Union— debentures 1959 Feb-Awff Nov Nov 15 % Nov 26 July 35%-sOct 104 Dec 107% May 15% 700 13 July 16% Oct 18% 2,700 Feb 15% Dec 1% 15,300 10% 3% Mar 4% Foreign Governments and Municipalities Week's Range Friday Feb 2% 1% 1% Nov 2% Nov BONDS Interest r,asi 1% Dec 2 Jan New York Curb Exchange Period Sale Price Iriday's or Agricultural Mortgage Bank A Friday New York Curb Interest Exchange Period Range Friday's or Sale Price Bid & Asked Low Appalachian Elec Power 3%s Bethlehem Boston Steel Edison 6s Aug 23/4S 1 series 1970 June-Dec 1970 A A5%S debentures 106% 166 103'/a 10 11 113% series revenue of 118 118% 18 104% 103 Vi 103% 55 91% 102% Jan-July Cities Service Co debenture 3s 1977 Registered 100'/8 100 % 100 144 99% 99% 101% Delaware Lack & Lackawanna 1st 100 — Western of N J mortgage Elmira Lt 4s series & E'rcole Marelli Elec 1993 A RR 5s May-Nov 1993 71 May 1956 69% Mar-Sept 73% 50 52 58 __ 59 % 35 36% 59 103% 22 99% * 114 — May-Wot) May-Wow $48 118% 61 57% $15 -- — 5s stamped £6s Mar-Sept Power & Western series A 3%s 1963 70 June-Dec Rio International All issues £6Vis (coupon on) de Jan-July $54 11% series series £7s E 'Aug 74 104 % 24 e 44% principal. 88% 40 . 1 1941 coupon) 1957— coupon) 1955.: 70 70 74 55 77 3 55% 95 72 76 9 54 92 — 77 79 11 56 95% 75 % 76 6 53 ' 1952 _ Stock and Bond on daily closing averages Averages of representative stocks and bonds the New York Stock Exchange as compiled by Dow, Jones & Co. Stocks 30 Indus¬ trials 20 Rail¬ roads 15 Util¬ ities Total First 10 65 Indus¬ Stocks trials Second Grade Rails 10 Grade Util¬ Rails ities 40 1972 38 54 50 $52 50% 52 $48 April-Oct June-Dec —June-Dec .June-Dec June-Dec 1931- 37 50% 72 91 80 ~6 83 , to 2'/as stamped reduced $37 -Mar-Sept Mar-Sept 2008 31% 31V.a 18% 27% 31 39 38 — 26% 26% 27% 325 34 Jan-July 1997 (Plan A) 34 % 5 Jan-July 2% 2% 1 June-Dec __June-Dec 2% to $2% 2% 2012— 6%s 1919 1921 .. ! "1% 3% 1% 3% par transaction n transacted during current week. §Reported in receivership. Abbreviations tive; of deposit; "cons." consolidated; "cum." cumula¬ "n-v," non-voting stock; "v t c," voting-trust certincates. used above—"cod." certificates "conv." convertible; "M," mortgage; irriCh tttA VPO r» f C* Over-the-Counier Industrial Stock Average (35 Stocks) Jan. 15 Jan. 16 103.12 Jan. 17— 103.12 Jan. 18. Jan. 19 245.02 82.40 Jan. 16 246.65 83.93 42.24 /92.01 101.75 103.17 98.60 103.95 Jan. 17 248.01 84.53 42.35 92.52 101.81 108.23 98.55 103.90 Jan. 18+ 83.78 42.32 92.13 101.83 108.16 98.54 103.84 103.09 Jan. 19—.— 83.81 42.40 92.05 101.84 108.26 98.61 103.90 103.15 42.08 42.11 90.72 91.11 108.14 101.81 101.77 1 108.24 98.40 98.49 103.93 103.89 Closing Date- 13 243.61 82.08 being traded flat. Jan. 15 $52 ' ' Mat/-Nov Mat/-Nov 1947 6s / $54% . 23 46% — .June-Dec June-Dec _ Total Bonds Jan. 246.76 4//: Compiled by National Quotation Bureau, Inc. 10 13 —Jill 39 14% ' l $37 -J Jan. — 9% 6 50 ;■ May-Wot) Bonds .10 Date— 89 V 33 22 1951 91% ._ —.Jan-July the l 6 % 22 2008 2%s (ser A B C D E) Government ABonds 86 77 72 .Feb-Aug 1957 1952. are 95 64 value, a Deferred delivery transaction (not included in year's range), d Ex-interest, (not included in year's range), f Ex-distribution, g Ex-stock dividend, h LXr Under-the-rule transaction (not included in year's range), r Transaction for casn (not included in year's range). x Ex-dividend, y Ex-rights, z Ex-liquidating dividend. Odd-lot 45 54 2 .June-Dec (July 1941 coupon) Below listed ~7 74% 3 15 / 1955— 1941 £7$ series F £.7s 50 ■ 6% Jan-July tFriday's bid and asked prices; no sales being redeemed C %s 33% 62 47 74 — 70 (Plan A) reduced Janeiro "No 1958 55% 71% 102% — Power Sec— A6%s 'Dec A 7s 52 1 104 '/a RR— £Ex-coupon market to (Republic of) Interest :VV--:\'V 70 $103 — si; 1958—Mar-Sept .Mar-Sept 6%s stamped (Plan A) of Oct 1927) stamped Interest Peru A 5 1961 Mountain 78 May-Nov Mortgage Bank of Chile Parana Finland_.Residential Mtge Bank— Guantanamo 71% 46% — 70 stamped (issue ARussian Green 7s l%s to 2%s 1953 $54% — 69% Mfg Co— 1947 coupon (Peru) reduced AMedellin 104 $112% 116 ~ 76 71% $76 .June-Dec 1955 Mortgage Bank of Denmark 5s 103 59% Jan-July High 76 — ' Mortgage Bank of Bogota— A7s (issue of May 1927) 1947_ A7s £6Vis Nov 1 101% City Interest A £6%s with Nov 1 1940 coupon 1953 ex 5 Division— mortgage 4s series B Gas & Fuel 3%s 1965 Water 100 : 1953 5s Maranhao stamped RR— Alst Eastern Viz High ■ ALima 1177/a 103 'A 5%s External 111% Jan-July 1947—1978 External 104% 98% Low NO. (see Danzig Port & Waterways— AExternal 6%s stamped 1952 173 101 Chicago Transit Authority— 3%s High 109% 161% 1 111 Mar-Sept Low 106% 9 166 102% 103% 1948__.Jan-July 1954 Year 1050 No. $76 April-Oct Jan-July 1946 Mortgage Bank of) ACauca Valley 7s 1948 Danish Cons Municipal Loan— Range for Sold 106% 106% 166 June-Dec ACenteral States Elec Corp 5s debs Bonds High Quar-Feb 1998 Bogota Range for Year 1950 Sold (Col) 7s Jan 1947 £20-year Week's Last 7s April 20-year Bonds Bid & Asked Low BONDS ■ Dec 5% 15 60 : __ • — May 13% Apr Traction Penn Sep 1,000 37% 105 ' £1 Hargreaves 9% 12% July 12% May 50 Dec June-Dec 22% Mar Sep 4% May 9% Jan 18.200 37 4% . July 7% 100 7% 16'/a 105 Inc deposit preference 14% 5% 15% 100 pfd Wooaley Petroleum common Woolworth (F W) Ltd— American 14%' g% * 4%% 15 „ _25 common Pwr 6% 4,300 1 w Elec Wisconsin Wright 1,500 10% .25 Winnipeg Woodall 19% 8% 1 w 2% Jan 3,200 18% 10% * common x 5 18% 5 Co w 4% 10 Inc Brothers preferred preferred 0% 1 Oil Corp Corp (The) Washington Water Power 3%s 1964 West « 103.07 103.10 .... . .... _ —.... - .... ■ Range for 1951 45.82 High. 46.51 Jan 19 45.81 Low 43.27 Jan 2 46.16 46.11 Range for . 46.34 High 46.51 Low .... J 1950 43.24 Dec 30 34.25 July 13 32 (408) The Commercial and Financial Chronicle Transactions at the New York Stock Railroad Stocks Week Ended Jan. 19,1951 Saturday Monday Tuesday Wednesday — - - -—- Thursday Friday — Total Bonds 1,066,550 2,833,880 3.738,400 3,377,47 J 3,488.050 3,166,535 _ $1,674,000 4,788,500 5,200,000 6,270,000 5,845 000 5,220,000 18,170,885 — Total Government Bond Bonds Bonds Shares United States Bank Bonds Sales Foreign $328,000 $5*000 536,000 5,000 $1,030 6 692,000 6 241,000 402,500 5,701,500 $2,680,500 $1,000 $10,000 1951 Stocks—No. shares of $3,000 661,335 162,000 115,000 14,000 291,030 762, t!5 92 000 23.000 2,000 117,000 714,265 78,000 18,000 1,000 673,910 37,000 156,000 3,000 196,000 719,730 114,000 24,000 9,000 147,000 3,327,375 $573,000 $357,000 $32,000 $962,000 Bank International Foreign — 48,817,080 Week Ended Jan. 19 31,266,250 $1,000 .— $28,000 10,000 2,680,500 _ 2,478,000 21,211,800 6,506,900 Total 80,086,400 $31,768,000 $23,717,800 33,000 $77,900,100 1951 1950 1,594,615 11,186,220 6,070,466 $794,000 $1,279,000 $2,377,000 357.000 321,000 973,000 781,000 32,000 91,000 104,000 113,000 $962,000 $1,206,000 $2,356,000 $3,271,008 Bonds 7,304,800 71,382.200 29,076,500 Jan. 1 to Jan. 19 1950 3,827,375 $573,000 $5,000 10,000 - Industrial Railroad 97,000 1950 1951 1950 $1,000 $114,000 $31,768,000 Btocks—No. of shares Government Toffll $21,000 1951 S. Corporate $90,000 Wednesday Thursday Friday Bonds U. Foreign Government Jan. 1 to Jan. 19 8,613,220 18,170,885 — Domestic 295,520 Total Week Ended Jan. 19 Foreign Shares) Saturday Monday Tuesday 5,742,000 396.000 Bonds [Par Value) of Week Ended Jan. 19, 1951 5 389,500 422,000 $29,076,500 Exchange Stocks (Number $2 002,000 506,000 Monday, January 22, 1951 f, Daily, Weekly and Yearly Int'l and Mitcel. . Transactions at the New York Curb Exchange Daily, Weekly and Yearly Number of . Domestlo Foreign government Porelgn corporate $87,429,200 Total ~ OTHER STOCK EXCHANGES RANGE FOR Doston Stock Friday Week's Range Shares Par Low 100 & Tel Tel American Woolen Copper 154 % • Anaconda 50 100 1 Bigelow-Sanford Carpet G% Ridge Corp & Albany RR Blue pfd —— Boston Boston & 1% 124% 43% 100 prior preferred 6% class A 8% 21% 120 ;15 4% 41 1st pfd 75 18% 72% 77 11% 14% 14% 100 14% 14 14 class D 1st pfd stamped Boston & Providence Calumet __ 21% 82 —10 NOV Avco Mfg Baldwin-Lima-Hamilton —3 ... Eastern 6% 6% preferred 5% Eastern July 34% 84% Oct -10 86% 83% 86% 62% July 64'A July 91% Nov 29% 30 % 184 28% 34% Mar First National General 68 " Dec 2 Dec Curtiss-Wright 7% Dec Day 10 3% July 5% July 4% July Power Federated 9% Dec General Dec General Motors Feb 11% Electric General Gillette Feb 13% Dec Jan 85 66 International Jun Loew's Boston 11% Oct Feb 5% New 858 New Racing Assn Butte Mining Pacific & Twist Feb Studebaker Feb Union Dec U S. Aug 31% Nov 45 July 66% 190 30 8% Sep 30 26% Feb 48% Nov 12% Jan 28% Aug 18% 282 8% 9% 780 7% 101 23% 39% Dec 40% July 54 Oct 27% 216 16 11% 118 10% July 25% Nov 13% Mar 25% 209 20 % July 24% Mar 47 July 58% 15% July 22 20c" 5,800 10c 30c 11% 11% 1,542 10% Julv 96 97% 440 236 Dec 91 Dec 65% 20 130 34% July 39% Aug 91% 98% 447 66 Jan 92 Dec Jan 34% Dec 36% 37% 32 46% 55% 56% 45% 45 %. 46 12.50 36% 36% 36% . 164 55 Dec 35% 33 % Oct 42 July July 43% 62 % 26% 90 v 55% Dec 330 >• 25% 220 7% Jan 17% 10,630 14% Jun 22% 7 29 % Mar 47% 3% Mar 9% Dec New 9% New York Stock Exchange Detroit Stock Exchange Mi jwest 8% 90c 9% 90c 7 915 29c Jan 1% Dec 500 78c July 1 % Jan 7% 344 16% 5% Feb 7% May 16% 175 13% July 20% 21% 550 21% 50 20 35% 34% 35% 52 30 % Julv 37% 38 36 38 22% 62% 45 Curb Exchange Stock 430 • Feb 16% Oct 35 64% 2,819 50 % July 66% Nov 48 1,024 40 July 49% 53% 58 360 37% Jan 52 Oct * 13 % 13% 60 11% Jun 14% Jan 35% 36% 1,046 29% July 36% Telephone: WOodward 2-5525 Dec 60% 45 10 Jun ♦ 25 common —12.50 36% Jan Exchange Week's Detroit Stock Exchange Friday Week's Sales Last Range for Week of Prices Range .. 10 Street Mich Formica Gibson pfd. . 17% 475 14 225 36% 323 12% Apr ,14 Oct — 50 87 87 12 88 41% 41% 25 29 50 49 50 223 47 • 14 25% "6 _ 37% „ common. * 77% __ "B" • 13% 35 38% 20 23% 23% 10 77% 78% 1,438 14% Dec 88 42% Dec 60 Feb 23% July 11% Aug 16 Dec 90 94% Oct 13% 15% Jan 55% Mar 26% Oct 18 Jun 71% Dec common m _ see page _ 555 11% Dec 20% Jun 12 12 52 11% Aug 20% Jun 74 74 100 40 40 49% 9 „50 • — 49% 70 __ _ High Cunningham 3% Dec 17% 18% 1,005 13% Jan 9% 2,815 8% Oct _ __ 2% 1,000 18 % 515 9 —1 2% * _— 25 — 11% Cleveland Navigation ; --TZ _ Detroit-Michigan Stove Detroit Steel Corp Economy Jan 76 40 31% July 39 Mar 86 46% Mar 50 Dec Sep Baler Frankenmuth Ale Fruehauf Gar Co :*v 7% 300 6% 7% 750 7. 31% 31% 375 3% 242 7% ' ■' Trailer Industries Goebel Corp Brewing $ Chemical Hastings Manufacturing Co Higbie Mfg Preferred common _ 1 Dec 21% July 1% July 5% July 21% Mar 2% Aug Dec 8% May 24 2,% 8% 32 3% May Dec Dec Nov Jun 750 2 Nov 680 20c Nov 44c Jan 313 20 Feb 4 3% Mar „ 49 ; 32% Nov 6% 2,365 July 6% Dec 17% 1.380 11% Mar 16% 48% 49% 5,581 43% Dec 54% Oct 4% ■ 414 512 Apr 4% Dec Sep 11% Feb 6% 3 8% 8% 255 8% 3% 2% 3Va 1,585 1% 2% 2% 2% 18.973 7 7% 275 6% 7% 862 3% 8% 8% 100 2 —1 29 Sep 17 ' —1 1 & 2% 25c 29 6% 1 10 Graham-Paige Lakes Oil B__. % 25c Jan 7% '■ 1 __ 2 25c .....1 _ Manufacturing class Gerity-Michigan 3%. 2% 1 9% 25% Apr 7 8,888 3% Jun fi% 2.800 22 % Sep 35% Mar Dec 6% 100 7% 24% 23% Mar 800 3% July Oct 28% 930 7 22% 1 General Motors Great 11'A 26 7 3% I Brewing Brewing Wood 1,363 7% ~ Oct 32% 22% 1 Apr 83 63 18% Aug 1 —1 15% 265 5 _ 12% July 300 616 —20 Iron Jun 75% 9% V Oct 1% 22% 26 1 Jan 18% 32% 32% 9 Jan 13% 75% .2% — 15 6% 20% May Mar 77c 22% ■ —1 Stores.— 15 75% * common — 2% 18 15 _ 10 Drug 9 18 _ Continental Motors Gemmer Feb _ _ Davidson Bros Friars 12 _ Lou 240 Aug 1,219 92% July " / __ $ Play Card 14% 37% 92% _ - For footnotes 25% Aug 6% Power Gray 13% -- Range for Year 1950 ■- 4% 1 Edison 13% ' 36 % Consumers Detroit May ' Michigan Paper Detroit 80 Jan 4% July Consolidated Dfi<* Dec 26% __ Dec 66% J of 2 Company Burroughs Adding Machine Chrysler Corp & 40 ; Products Budd Detroit 989 * Market Bear Mar 2,637 $ ... 35 7% Rapid Preferred 27% Julv Dec 36% Lunkenheimer Printing 451 47% 75% tf U 8 32% July 6% . U S 20 Apr 20% May 32% July 32% Dec 73% new Randall Jan 4 6% « common new -15% 47% __ P & G 25 41% _ gtd 18% 17 —— Insulation Mi Apr 74% Art Kroger Little 2% —25 Hobart Kahn 153 22% Aug —50 Tel Cincinnati Union Stock Yard—— Day & 4% 45% 32% —10 Hioh Jan 17 common -8% Machine Railway 18% 47% * Milling Range for Year 1950 18% * . Big Low 130 ;• 4% . " Metal Brown-McLaren Mfg High 24% Wnh 4% 17% 1 American 4% __ Carey Champion Paper Bell 24 1 _ Brewing Sub Low —20 Laundry Shares Low Shares " for Week of Prices Par •.' Altes Brewing Sales Last Par Cine & Exchange DETROIT Spd 5 York Building Nov • Ford Apr 21% 16% July 17% Aug 23% 21 % Sale Price Cincinnati Dec Jun Dec 878 Friday Cincinnati 42% 36 Members 96 26% ——._— Electric Jan 29% July Watling, Lerchen & Co. Dec 46% — & 25% Oct Dec 1% 24% STOCKS Gas 25% Dec Jan 102% May j _ Feb Apr May 13% Mar 1% 1% Cincinnati Stock Cincinnati : 38% Sale Price Burger Dec 11% Mar 9% May Nov 20 19c * .. 22% 110 45% STOCKS ... Jun 39% Oct 50 Westinghouse Electric Corp Balcrank 15 53% 46% System Inc American Jan 12% 31% —— 4% 64% ■ 36% 45 » (new) 3% July Dec 49 •. Westinghouse Electric 25% 158 Carbide Steel Dec 25% * 16 94 % Feb 46 26% Mar 120 5 % Bearing 34% 37% ZZ >1 Jan Roller •• _10 ^ 70% ——1 Machinery (Ohio) 215 Timken 21 'A Dec 25 25 U 8 Rubber Co__ Waldorf 16% 80 % Mar Jan 48'A 25% inc Drill Shoe Dec' 277 * United Fruit Co United 13% 60"% July 8% July Nov 11% 28% 90 200 —50 Stop & Shop Inc Torrington Co Union 97% 25 J) 43% 290 :: — Association Webster 25 97% •. Quincy Mining Co Folding Machine Rexall Drug Co.—_—— Stone (N Standard Oil Jun 151 26 V* 33 50 — Reece Shawmut Oil Standard 72 —2.50 ~i Mills Pennsylvania RR 38% DC 14% 24% 10 (Ind) 10% July 32% July 11% 25 (Ky) 34% 100 — • Oil Oil 69% 9% • Brands Standard Standard 21 • 45% It 691 26% ■ ■ Dec 11'/a Mar 31% Oct 16 17% 11% 50% May 11% ■ Standard ■Z'Z 5 26% 19% 100 15'/' Co 76 1,125 Jun 54% 39% Dec 19c 20 . Southern Dec Apr, 108 Dec 50% Dec 53%. ,• —— 40% Aug 79 47% Jan 11% ■! ♦«.*»'' •; .. 24% 105 July 41% 43% 49 -Z'Z * : Socony Vacuum Nov 34 ~ 1 System Nov 88% Jun 102 5 Electric 40% 9% 14 34 % 63 25 ■ 1.40 : — *60.50 49% 22 175 4% 12% Roebuck Feb — " 1 Cos Sears, Apr 165 '.-V, 5 50 Schenley Ind Feb 10 80 29% Jan 24% Apr Dec 51% 48% ■ ,•41% 14% 12 % 34-*8 52% 32% * Apr Dec Jan 8% 49% 25% ♦ Oil 361 19 11 28V8 July 45 45% 32% Raditf Corp 75'.'Jan 34 * Pure 9% 13% __ Car Pennsylvania RR ■Pepsi-Cola'. —i— 79% 75% 22 r * r- — New England Tel & Tel— N Y New Haven & Hartford— North 14 ♦ - Service England 9% 77 Motor Nov 53.32 2,240 64 Dec Dec 51% ♦ 33% Aug 64% July 10 27% 25 Corp Oil 18% 205 52% ——0 Nash-Kelvinator National 79% 65.65 24% luo common Narragansett 77% Dec * Edison 32 365 51% ——100 •v Mergenthaler Linotype 1,030 65.65 • preferred— 57 60 —1 Mathieson Chemical > 21% " 36% 65 Jun:: 15% 8 45 %• 1,041 50% • 19%' 13% 11% 32% Dec 48% ; „* Ohio 27% common.; Tel—. & National Cash Register New York Central 52% Theatre— Maine Central RR Tel Dec 64% Lone Star Cement Corp 50% 52% Nov 1 Hathaway Bakeries Copper ■ 49% 8,% 54 61 11% Z'Z' 5 90% Nov Kennecott 13 - 32 ",-rW $ —5 new 5% July May new Dept Stores 64% July ——* _—— Safety Razor Co 13% ■ 7 % 12% Dec 7 10 1 •• Electric 11% 54 Corp • Light 13% 54% *•- rrii & Dec 4% 10 Columbia Gas "... 56 * _ Feb 150 Stores Capital Service 390 36% Dec 34% 25 Vs 502 39% 49 340 160 36% 78% Oct Dec 361 13% • Oct 8% 417 59 * 47% 14% 56% 13 100 Jan 6% July 36% 58% Lines Inc SS 26% 75% 13 Employers Group Assoc 25 Dec 35% Jun 5 60 292 Dec 40% 73 10% S 509 7% 13% • July 36 'ZZ * ; 87% 58 48% 7% 30 75% 59 60 -v 45% 47 170 „25 100 100 47% 42 Dec 13% 161% May -25 Ry— preferred ,B -TS preferred pdjustment-l— 41% Jan Bethlehem Steel Packard series A— 41% 146% Chesapeake & Ohio Chrysler Corp 10 Street Mass 1st High 43% Jun Ohio new 50 362 32% July 9% Jan Nov 51 Eastern Gas & Fuel AssociatesCommon -50 9% 9% 10 j 154% 83% 5 Service 13% •*':'Z -13 Jan 50 82 13% 150% 154% I*--— _100 35 121% Dec 3% 750 21% 100 Hecla & ,/ 100 RR "Hi 46% Nov 80c 400 16% 100 stamped Low 46% 4% 32% 206 class B 1st pfd stamped ' Armco Steel City Products 68 class C 1st pfd Range for Year 1950 High Cities 324 11% . 1% 11% —1 Dec 124 Jan 37% 4,343 1% Airlines Dec 85 11% 46% 40'A 189 50% ; 46% :• Mar 107 4,972 18% Low American Telephone & Telegraph Anaconda Mining 3% Aug 263 43% 8% Cities 114 125 Stores American 161% May 27% Mar 1% 10% Feb 436 890 48% class A 1st pfd stamped . -100 class B 1st Did unstamped —100 5% High Jan 44% 122% 124% 18% 100 ■—, 100 unstamped—_100 stamped- pfd 5% 146% 42% 4% .100 preferred w i__ 5% Low 6,923 42% 120 _ New Allied 41 25 issued when New Shares Stocks— Range for Year 1950 RR— Maine for Week of Prices Par Unlisted High 150% 154% 42% 100 Edison Boston Sales Range Last Sale Price for Week of Prices STOCKS-— Sales Last Week's Friday Exchange Sale Price STOCKS American WEEK ENDED JANUARY 19 7% 41. ! Jun 3 Oct Oct 1 . Julv 2% Oct 6 Oct 6% Sep eO 6% Oct 6% July 8% Oct )■ Number 4979 Volume 173 . . The Commercial and Financial Chronicle . (409) OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED JANUARY Week's Sales Last Range of Prices Shares STOCKS Par Hoover Ball Hoskins & Low .10 Bearing—.. 19% Houdaille-Hershey common... 1 Hudson Motor Hurd Lock & Mfg common 1 It Screw Motor Products" National National Pfeiffer W) Jan Holly Development 13 % 150 614 500 3% Feb 17% 477 13% Feb 10% July % Dec 17% Oct 6 Hotels 4% 7% 100 3% Sep 4% Jan 8% 1,450 4% Jan 9% Sep Hupp 240 21% Feb 31 % Jun Illinois Corporation Central Products 600 3% Nov 5% Apr Imperial Development Co Ltd -.1 950 1% Jan 1% Jan Independent Exploration Co Feb Intercoast 37% 314 38 2% 29 1,095 3% 29 36 4,600 ; 1% 100 3% 3% 3% 500 414 4 4% 2,400 Dec Petroleum Jan 2% 2% Dec 2% 40% Aug Dec Iron Corp 4% 314 8,773 30tf 3% July 2'/a Dec 3% 314 5 3% 3% 2,960 1% July 18% Dec 19'4 19% 1,000 Jade Kaiser-Frazer 3% Dec Kansas Power & Light Co 24% Jun Oil Kennecott 675 1 % Nov Jan Kern 508 6% May Sep 1 2% 2% 800 2 1% 10 Tool Jan 11% 12% 1.949 11 14% 14% 14% 4,170 11% 9 1 1 Die & 12 .1 4% 9 3% Mar July Libby Corp 3% 4 2% 600 2% Lockheed 14 Jun Loew's 11% Jun Los 5% 8% Mar 700 4% Petroleum Feb 4 Dec 900 14 Jun 20 % Nov Mascot Oil 13% 874 10 Feb 13% Jun McKesson 7% 7% 542 7% Oct 9% Jun Menasco 914 9% 100 4% Jan 9 Dec Merchants 2% 4.950 1 Apr 1% Oct Middle 35% 100 24% July 36% Oct Monogram 2% 1 2 35% 18% 19% 900 13 % Jan a38% a39 445 25% Mar 36% Dec a54% a55% 218 38 % Mar 54 % 2,791 9% July Aug Apr (Un) __ • a39 7.50 a54% • 16% 15% 10c 10c 1,000 8c 8% 7% 8%' 2,330 *% 8.75 a.16% al6% al6% • (Un) a78 a77%"a79% 65% (Un) 1 (Un) Angeles Stock Exchange Last Range for Week Sale Price of Prices Shares Par Mining Co (Un) j common—• Allis-Chalmers Mfg Co (Un) • Allied Chemical & Dye Airlines American Radiator new Tel American Viscose American Woolen Anaconda Copper Steel Armco Armour Co 710 151% 153% 2,319 54% May 146% Jan a60 % a61% 14 :— 43 (Un). —30 48% 48% 11% 11% al57% al61% a61% a66% Oil Packing Corp common Ry 37% Jan 54% Jun 5% Jan 9% Ajjr Mar 15% Aug Dec 4% Dec 19% Dec 7% 2.617 9% Jun 1 3% 3% 4 2,000 3% Dec 20 20 20 905 16% Jun 20 12c Dec 40c Apr 3% 17c (Un) Company Products 1,700 8% 1,700 8% Dec 273 35% Jan 53% Jun 2% Jan Dec 1% 2 1% 1,484 1 15 5 10 56% 1,148 31% Jan 49% 14% 5,870 9% Dec 16% July 3%c 3%c 3%c 7,000 7% 7% 2,463 a41% a44 % 147 25 % Jan 3,080 4% Dec 7% 5% 5% 5% a51 a51%_ 65% so 2c Jan 6% July Consol Co Edison Edison of N Co Y 38% 40 2,505 17% 27% Class 14% 8 Inc (Un) „ '• . ■^. -v; General Foods Corp General Motors Corp General Public Utll common w Gas (Un) u—.,, al6% Pacific'Tele Jun 27% Dec 11% Jan 21% Dec 9c 11c II,000 5c July 17% 18 Va 1,810 al8Va al8% „ 79 Packard Pan A Tele & Motor World 14% 50c 2.00 12,640 1.40 Jan 32% 219 28% Dec 48% 254 26% Mar 17% 17% ' 33%!'. 220 15% July 1,795 32% Airways (Un) r 1 Pullman 50 Oil RKO 3.00 Mar 34% Mar 45 22% Feb Rheem Rice Rexall Oil & Gas Oil Apr Jan"' Oct 37Va 3% Jun 4% Jan 11% 12 8 Jun 12Va Dec ' 21% 21 % 21% 2,503 17% 25% 12% 24% 26 Va 3,638 10% ,7% July 66% Oct :22 Feb Sep 22% Dec 12% 4,803 68% 633 a22% a23% a22% 145 26% 100 15% Mar 23% 80 :\ 33% July 48% Nov 47% Nov 26% a46 % a47'/a ' 53 14% Jun 135 a48 a49% / — 4 4 17% 17% 4% 3% 44% 45 24 22% 24 Feb ' 26% 3,225 8 3,970 4 400 18 Va 4,312 a^i'.-v 12% 1: : Dec Nov 870.1 a__ Jan 3 Va July 825 . 7'/a Mar 65 a__,' 1,170 3% 4 12 44% Mar a— 23 s' Apr 5% Jan 237/a Jan 47 Nov 11 V» Jan 25 Mar .."••.5% July 20% 28 28 28 150 65c 60c 65c 3,800 48c .7% Nov 27% Jan Mar Nov 62 %c July • 56% 53 56% 1,380 37% Feb"'; 1 Corporation Oil 103 100 1 Co 55% —7% Dec 101% Bep 1 Co Mfg 48% July Mar 2,820 2,425 2.50 Inc Drug Ranch Richfield Company 68 6 50c * 1 Pictures Corp (Un) Steel Corporation (Un) Apr 29% May 51% 1 (Un) >30% Dec Dec 11% 1 America of Corp Jun 37% May 34 Va May :Vi- 6 255 * RKO Theatres Radio 1,675 . 35% ' 4% * * (Un) Ce 702 6 Dec y, \ 51% 3 Pictures Corp 50 Dec Dec May 5 • Pure 60 104% 104% 25 Pulp & Timber Co Incorporated (Un) 27 Va 617 7%-- 7% 50 33%c Puget Sound 30 200 60 28% 28%' (Un)__V 1 T 100 28% 59 28% * common new 10% 9% 10 Va 2,175 5 Va Jan: : 53 V? 10 Dec 27% July 7% Mar 39% Nov Dec Ryan Aeronautical Company— Safeway Stores Inc St Regis Paper Co Schenley 75% Seaboard Finance 1,909 83 Ye 86% 590 Oil 75% 74 86 • Jan 65 4% 4% 4% 1.512 July 3% July 22% 21% 22% 1.513 15% Mar a27% a27% 13% 80 16% Apr Seaboard Oct Sears Roebuck 4% Feb Shell Oil Corp 23% Oct Sierra 24 of (Del) Co Trading Corp — Nov Signal Oil Apr Signal Petroleum Co of Calif 1.327 27% Nov 1,600 11c Dec Sinclair Oil 32% Mar 1.05 Jan Solar Aircraft 30% 250 33% 8,353 19 Dec 33% May 26% Jan 18% 265 10% Jan 18 % Dec 11 1,895 6% Jan 9% Dec a90% a91% 12% 12% 4.56% 60 55% Jan 83 Dec 4.88% 1,225 10% Dec 14 Jan preferred So Calif Gas Co 6% So. 9% 12% Dec 1,721 29 Aug 39% Dec 18Va 3,270 16 Va July 21% Feb 51 Jan, 73 Oct 41% Feb 54 35 Feb 51% Sep Dec 9c Apr a86% a86%' . 25 1,252 52% 5 3 '/a a55% a 57% 75 5c 52% 5c 2,000 7,640 . 5c 79 82% •: 71% 3c 31% Jan 68 Feb Oct ; Dec preferred preferred A 50 50% 370 29% Jan 43% Oct 9% 9% 321 6 % Aug 10% 11% 454 7% Jan 12 Dec 25% 25% 325 22% Jan 24% Dec 108 108 571 72% Jan 88% Dec 21% 21% 350 16% Mar 20% 16% 16% 760 13% 18 Nov Standard Oil Co <N J) 83% Jun Stone Apr 34% Dec 2,689 27 Jon 28 2,279 16 .Feb 25% Nov 25 Jun 33% 34 Va 2,109 16% Aug 36% Jun 26 Va 26% 905 29% 29% 1,011 31Va 31'%.: 28% 33% 26 % x r 13% 31% Dec 25% •V Dec 28% May 31 Va Oct 27% July 200 r>ec 33% Mar 28% May ' 28% 25 28% 275 26% Dec 32% 32% 245 31% Dec Sep , 36% Mar Oct 11% 38c al5% al5% 25 .—25 25 25 preferred preferred 4.48% Mar 36 34% 35% 27% Southern Calif Edison Co Ltd com—25 4.32% vr". 16c 16,800 29c 16c 15 1 (Un) Company 23 11 880 40% • Corp Socony-Vacuum Oil Co Inc 30% 27% 12% 38 17% • 1 A„ Co class & Gas 18% 33% 12 18 Va Nov 28% 11% 17 12% 38% * * 15 25c (Un) & Company 14% 28% 25c Oct 86% 23% 75 25c 84 Dec 1 (Un) Co. Dec 120 a24 25c Dec May 13% % a2 j 49 418 36. 36 5 —5 1.40 Industries Dec 9% 25% Oct 84 86% 1,263 46% 135 21% 22% 606 61% Mar a__ 11% 12 380 14% 462 13% Dec 14% Dec 52 %c 55c 2,500 37c Jan 87 %c 315 315 May 10 9% 9% 300 22 22 310 51% a48% 49 48% 17% 17% 52% a47% a48% 1,167 300 July 8% July 42 49% 4,689 43% 17% 225 a28% a28% 10 137a 142% 44 65 44 23% Mar 14% May 313 (Ind) Webster (Un) (Un)_„ 1,485 12 % 11 % 11% 11% 2,250 10% July • (Un) Inc 16% 67 4 94% 65 92 10% Mar . 22% 23% 20 2,854 Sylvania Electric Prod Texas Dec (Un) Sulphur Co (Un) Company Textron Tidewater 54% Transamerica Corporation 88% May 61 Jan 93 Dec 264. 42% Jan 58 Nov 1,992 66% Jan 89% Nov 278 17 Va Dec 610 25% July 10% Jan 21 32 • Oct Preferred , Oil Assoc 18 % Mar Trans 29 Tri-Continental Jun 88% May Jun 3% 2% 3% 1,073 1% 50% 49% 50% 845 34% 12 11% 12 1,480 Jun 9% July 18%' 31% 31% 440 83 - 19% Jan 36 Va Apr Oct 17% Dec 29 y« Oct 36 % May 40 Oct 484 24 Dec 24 Dec Nov a25% a25% a26 % 90% 966 60 Ve Feb 77% a95% a94 Vb a96 V« 277 71 Jun 72% 19 19% 520 10% Apr 18% Dec 22 22 16(1 15 Va Mar 17 Nov 36 36 155 23 Jan 38 World Truax-Traer Airlines Corp Coal Co (Un) —... Dec Inc * 10 2 5 (Un) 1 3 Oct Dec Union Pacific Railroad Co Dec Jan Union United Carbide Aircraft & 88 Va — ,r 16% 25% 12 J Corp (Un) 60 5 , * 16% 3,217 17 " 890 Apr 14 Va July 19% Dec 15% Jun 25% Dec 8% July 11% Jun 25 26% 11% 12 al7 22 al7 15 Sep 21 22 810 18% July 25% Jan 56- 857 40 Va July 55% Dec 2,793 ?*% May 36 Dec 55%' Carbon (Un) *, 22 5 Co 48% 11% 17% 23 % ' a38% (Un) • Corp (Un)_* Union Oil Co of Calif common 25 ~64% 4,908 * Twentieth Century-Fox Film Jan Dec May a38 % a39 Va BOo Incorporated common Sep ;'44% 24 25 • (Un)—. Dec Feb 48% Dec ;; v 65 21 18% 31% 67% Feb % July 25 (Un) Swift & Co 50% May 51% May July 1 25 Sunray oil Corp common 4%% preferred class B Jun 33% <: Jun 13% Mar 97 Ve :> 31 — 1 (Un), 50 492 500 57 24 % 92% 94% 1,388 68% 52% 24 V2 57 22% Nov 111 24 9 15 Jan July 44% a Oil Oil Co & (Un) Inc Co of Calif Standard Texas Gulf 15% 145 a68% a72% Company Brands Btudebaker Corporation 14% 52% Pacific Railway Company Standard 16 ' a__ 15% July 10% Dec 9% Southern 16% 5 • • • • 25 25 Co Southern Standard Dec 2 California Petroleum Corp.. Southern 46% a71% 32% Jan 1.85 10 (Un) Philco Corp 18% May 25 • Jan Jan 6% 20c 2,800 32% 100 Pennsylvania RR Co (Un) Pepsi-Cola Co (Un) Phelps Dodge Corp (Un) 34"% 55c 17% 2,615 47% 33 Jan Dec 21% Mar 2.00 1 1. Pictures Inc Paramount Oct Jan 14c 18% Jan 16% July 48% 25 common Co Car American Oct Nov 10% 1,051 . 34c': 34c 10 common Feb 21% : 34 Pacifld Western Oil Corp common Jun 56% "9% ; 225 5,044 8 Petroleum-Ltd Pacific 11 Apr 8% July 27% 26% Mar 26 41% 90 27% Dec 24% 10 * 18% 125 Jun preferred. redeemable ■ Jan Dec ' 1.25 16% Mar 27% 15 Va preferred 5% 33 3 page 41, 100 Indemnity Company Pacific Lighting Corp common 5% 11% July 34% Dec _— (Un) 8,066 a20 33% Pacific Jan 22% Dec 3.00 Nov May 58 Dec 2.30 2.65 32 7% Mar Jun Nov 43% Dec '. 30% July 33 % Dec 21 Ye Mar 23% 66% 43% 28 12% 14 20% July 49% July 90 63 Reserve 40 250 al0% * Elec & Apr 1,060 21%. <13% Corp of Calif Jan 3 Va 66% a34% a34% Republic 199 20 Va Mar Dec a31% a31 % 51% Mar 1,240 Sep 1% 25 25 25 70% 58 15j/4 400 25 Feb 23% 104 2% 14% 6% preferred 5%'% preferred Feb 22% 18% al9% 1 Finance 50 Jun 90c 33Va (Un) Dec Sep 1 (Un) Feb 3% Jan 1 Company Co Aug 41% ,V; Pacific 153 5 5 _• Corp see Oil Apr 1.05 Sep 1% 10c Co Edison Ohio 2,575 • i For footnotes Oil Oceanic Ohio 23% July 70c 52 %c (Un)_100 Co Jan 11% 36% a44 a45 % 1 Corp Oct 29% May 2,400 65 1 Inc 18% Jan 4,019 21% , 10 Railway Petroleum 117 Goodyear Tire & Rubber Co common—* Graham-Paige Motors Corp (Un) X Great Northern Ry Co (Un) pfd _• Greyhound Corp Aircraft Dec 14% July 2% 25 (Un) 38% 90c 2% 1 (Un)._* * Corp (Un)_ Jan 24% ■; 10 85c 5 (Un) 510 _* (Un) Gladding McBean & Co Goodrich (B F) Co— New Pacific Northrop Republic v,-,' (Un) General Northern 4,117 2 Electric Co RR North American Co 10% common.—' Corporation (Un) 24% 4,450 3%% 3% • Prod Central 260 21% 1.40 Jan 18% 1 Nordon Corporation Ltd North Amer Aviation Inc 18% a51 '/8 a53% 21% Juiv 260 . 1.40 • Distillers May • Garrett 14% 1.35 a40% a40% 90c City Lines Inc Dec (Allen B) A 865 ■>' 3% Corp 16% Inc 50c Laboratories Inc— .— 10c AuPont de Nemours & Co— .5 Eastman Kodah Co > 10 Electric-Bond & Share Co (Un) 15 Electrical Products Corp 4 Emerson Radio & Phonograph 5 Exeter Oil Co Ltd class A—. 1 Farmers & Merchants Natl Bank—100 Fitzsimmons Stores Ltd class A 1 DuMont Apr 9% May a57% a59% • • 7% 685 28 1.40 1 (Un) 36% Industries Dresser - 17 Va 1 V' Co York New 16% -•* < 16% 27 % 1 ■£.. 10% Vultee Aircraft Aircraft Co Inc Oct 38% 1 Co Power 15% 1 (Un)—.1 Continental Motors Corp (Un) 1 Continental Oil Co (Del) (Un)_ 6 Creameries of America Inc _1 Crown Zellerbach Corp (Un) 5 Curtis Publishing Co (The) <Un> _* Curtlss-Wright Corp common <Un)__ 1 Class A -1 Engineering 9 Va I,112 1 Inc 36% (Un)^ Corp Consolidated Consolidated Douglas 3%c 41% 58 23% 25 (Un) Sep Jan 1.10 1 a26% a28% • Gould & Sav Mining. __1 Chollar Oct 36% a44 66% A Cons Dec 63 Va • 819 18 20 — System Inc (Un) Corp (Un)— Solvents 73 1.00 3 66% 10% a28% Clary Multiplier Corp 1 Colorado Fuel & Iron Corp common—* Commonwealth 13% May Dec 12% 14% 10 Preferred Apr ADr Jan 1.00 ... Corp 1 Corp (Un) Cities Service Co 17C a56% a58% Sep 23 l,fa'30 Co Pictures 25 25 (Un) Co Tractor Gas a56% Feb 9Va 4n Feb 10 12c a— ... 325 9% Company Apr Sep 24% 25 25 10 (Un) Co Chesapeake & Ohio Ry Chrysler Corp Columbia 145 2,629 133 21% * Pacific Commercial Feb 23% * Co Canadian Certain-teed 104% 1,260 1 California Caterpillar 220 1,035 5 (Un) I) Oct Dec 4% 2 (Un) Oil Corp Jackson (J Dec 47 11% 14% Mining Co—10c Corporation (Un) (Un) Broadway Department Store Inc Case 40% Jan Jan 8 56% , Borg-Warner Corp Co Dec 4% .50c Borden Company Byron Mar 28% 45% 13% .—5 (Un) Corp Mammoth Cons Budd 28 < 7% Diamond Chica 875 Feb ♦' Jan 50% . 1,826 9% (Un)_„...18 Inc South Utilities Pacific a— 22 4% co Aviation Boeing Airplane Co Bolsa 161% May 14% —1 Consolidated Bishop Oil Co Blue 930 Dec ._10 — Benguet Consol Mining Co (Un) Bethlehem Steel Corp (Un) Black 8% . 14 16% May 67% Oct .100 (Un)_ Corp common Barnhart-Morrow Basin 7% 1.326 Dec -75c Co ' Dec 34% 9% 20 -J. Robbins Petroleum Occidental 44 65 960 Jan Dec -13 Corp Bandini Petroleum Co__ Bendix 42 -10 8% • 44% 41%. —5 Securities Corp Bros 3% 5 11 % July 160 Co Apr a__ 1,285 (Un) Baldwin-Lima-Hamilton Barker 38% 2% July 14 V8 (Un) Ohio RR 13% 13% — & 565 14 Va Topeka & Santa Fe Ry (Un)_. .100 -25 Atlantic Refining Co__; —3 Avco Manufacturing Corp (Un) Baltimore 45% High k a— 13% 1 (Un). Co Atch Baldwin 124 a76 a76% Mining (111) 100 310 45% (Un>—• Co Corp (Un) Co (Un> Corp Co <fc 3% 4'/« * (Un) San Tel & a61% 20% July 2% Dec 29% July 9% Jan American Smelt & Refining American 3% 4% a59% a61% 4% ■ • Low 450 26% 16 Apr 65 Ve 7 (Un) Co National High 25% 18 July a__ 311 3.50 61 j National Range for Year 1950 (Un)—_—100 Inc St & 25% 10 Alleghany Corporation Amer Low 1-.; ; 164 12% May 34% —■ • Nash-Kelvinator Sales STOCKS Corp 16% 10c Manufacturing Mt Diablo Week's Dec Jan Corp Company & Montana Friday Dec 7%c 2.10 Montgomery Ward & Co Inc (Un) Alaska Juneau Gold ' 3,125 Motorola Admiral May 2,000 2.60 (Un) Magnavox 22% Young Spring & Wire-i Los 2c 2c 58 Dec Feb 1 Wayne Screw Products Jan 2.45 Angels Biltmore Hotel Co. 4 . 35% 2.60 Co Aircraft Inc 13% 13% 1 Investment Apr 26 a62% a64% ...10c Company McNeil & Libby 21% 5 United Specialities Dec 4 Va Nov County Land Co 13%i Apr Dec 100 4% 1 Axle Udylite Corporation Oct 18% Jan 8% Lane-Wells Timken-Deiroit 17% Jan 2% 8,310 Corp Copper 1% common Juiy 9% 10 Company 8% B 1.-^a 432 4 .5 Jan Jun 1% class Dec 1 4% 7% Tube 56 % 517/a 310 180 21 2c ' Nov Dec, Dec , 171/4 — 2.90 745 4 — Sep Feb ; 20% 21. • 3% 5 _1 66 % 14% * 414 * common 59% 160 Vb 11% Paper Co (Un) Int'l Til & Tel Corp (Un) 2 Manufacturing Manufacturing 1.55 High Mar 11% Mar 10 (Un) 3% May Apr 1,350 101 11% International Interlake 2.10 17 % — 25c , International Nickel of Can 3% Aug 1,852 33%c Corp Aug 29 > 42 / 803 2.05 66Va r Low 208 151/4 __ 100 1% 1 Sheller Union (Un)_. 5 Co & Scotten-Dillon Superior Co Range for Year 1950 High 191 1 RR Shares 151/3 __ 1 1% * Manufacturing Standard Co 26% 4% 37% 208 5 Oil Corp new common • Hudson Motor Car Company. 12.50 Hunt Foods Inc.—, .,—..,6.66% Lincoln Soss Corp Honolulu Paper_ Raisin Rudy 14 1 Metal (H Hucon 2 Brewing Rickel River Oct 26 10 Chemical Peninsular 15% j1 " Car Motor Jan Low California class A_* 4% 1 -- Welding Stamping Packard Park Products Elec 12 814 „ 10 S) Masco 390 Co of 1 * iS 15% Hancock Oil 1 - Drug Kresge Co Aug for Week of Prices Par 19% Sales Range Last High Apr 6 Week's "■ ■Sale Price ; 12% 414 5 Kaiser-Frazer Kinsel Low 7", 163 16% King-Seeley Kingston Products High 13% 1214 Car STOCKS Range for Year 1950 19% 614 Friday ■,' 15% * Howell Electric Motors •-T ■v'-1 19% common—2%~ Manufacturing 1!) for Week Sale Price Friday 36 34% 36% al05Veal06% 36 36 1,183 ' : - • 50 10% Jan 201 85 Feb 104% Dec 233 26% Jan 37% Dec 33 U The Commercial and Financial Chronicle (410) . . . Monday, January 22, 1951 OTHER STOCK EXCHANGES KANGE FOR Sales Range of Prices Low Par 19 '■ for Week Last Sale Price ENDED JANUARY ■!>:; V':1' Week'i Friday. STOCKS WEEK Friday* Range for Year 1950 Low High \'I" High V - , 'V". '' , _ Lines Air United Corporation (Del) United Gas Corporation United Steel 8tatC3 Universal Consolidated Pictures 4% 20% 295 18% 20% 18% 57% 57% 45% 45% OH Kentucky Coal Co (Un) 4 a27% Lines Inc 1 Woolworth (P %enith Radio General Feb General Motors 810 38% Jac 52 Oct General Public 3,218 Jan 42% Dec Gibson Feb 63 Dec Gillette Safety Razor Co new Glid^en Co (Un) Goodyear Tire & Rubber Co_. • * 31 Gossard • 11% 1 3% 100 10 % Dec 10% Dec 11% Dec 16% Jan 1 70 7% Jun 13% 35 21% Jan 41% Sep Graham-Paige Corp Gray Drug Stores 35% 541 36 Jun Great Great 29% July 1,439 12 11% 5% Mar Dec Co (W H) (Un) • 50 85 15 15 400 11 11% 12 1,800 127 127 $25,000 100% Mar 106% May Brick Independent Indiana Inland MADISON LaCROSSE Friday Products STOCKS Range Last Sale Price Low Range for Year 1950 Low High Power & City Power High Koppers Dec 54% Jan 19% Jan 27% Dec 17 ya Jan 39 Apr Laclede-Christy Co Sep Laclede La 1 25% 25% 26% 950 5 7% 7% 7% 350 5% Julv 7% 5 8% 8 8% 750 6% Jun 8% Nov 2,200 8Vb Dec 12% Apr Leath & Co common 2% July 26% Jan 9% Jan 5% Dec Invest Rad Anaconda Armco Steel Armour & $1.20 Co Co (Un) & Santa Fe & Sons & Corp (Un) 700 1 39 39% 250 % Jan 9 Vb Jan 18% 19% 400 11% Jan 56% 58% 608 35 % Jan 53% 1% 1% 1,100 5% 6% 9,700 54% 56% 900 Corn 16 66% 52 52% 300 Oct 42% July 10 Vb July 57 80 14 36% Mar 58 21 21% 150 16 20% 18% 16% 18% 19 18% 19 12% 14% 1.800 22% 2% Jun 3% Jan 3% 3% 3% 1,100 3 Oct 5 14% 2% 36 1,705 2% 500 19 16 700 35 V8 36% 13% 14% 64 64% 24% 29 54% 55 <■ l — 93% 115 75% — 23% 88 1 5 (Un) * 25 (Un) . 1 » 50 — 30 13% 28% 93% 115 95 700 61 110 115% 72% 38 114 1,910 63 86% Co (Un) Dodge Manufacturing Corp 47% 30 % 13% 2,630 11% 11% 2,500 see page 41. 22% Raytheon Rtchman St Mfg (Un)., common— 41 V 6% 44 61% Dec 200 Feb 41 % Dec 23% Jan 33% 28 Apr 35 % Dec 250 '3 29% 645 275 31% 35% Aug 60 Jun 1.000 7 5% Sep 15% Jan 36 % May 7% 20 Dec Jun 18% 20 10 10% 350 8% July 11% Feb 18% 19 200 15% July 20% Apr 7 Jan 18% __ ' 6 4% Oct ^ 1,650 12% 150 11 Nov 14% 17 — 6% 12% 6 10 1 17% 450 16% Dec 19% 28% Jun 40 Sep 3% Nov 25% 25% 26 300 37% 37% 38% 300 21% July 28% Jan 70 2% Mar 2% 3 3 68% 64% 68% 45 42% 45% 7% 8 1,252 655 , 1,000 49% July -38% Dec 6% July 16% July Sep Apr Apr 66% Oct 56% Oct 11% May 19% 19% 20% 1,990 14 % 13% 14% 150 9% Jan 15% Jun 33% 35 % 300 24% Jan 35 Nov 24% 24 26% 11,200 11% Jan 21% Dec Dec — . , 825 22 May 17% 18 12% Mar 18% 17% 17 17% 1,250 16% 19 18% 18 18% 2,590 16 10% 10 % 10% 5.800 30 29% 30 1,700 25% Jan 33% Apr 14% 1% 32% 14 14% 2,400 low. Jan 18% Apr 1% 1% 900 1% Dec Apr 32% 32% 2,690 28% Dec 6% 35% 48% 47% 48% 1,389 26% Mar 46% Dec 8,200 3% July 7% July 4% Jan 4% 5 5 Q' 9% Sep July Dec Aug 21% Mar 13 Mar Feb 12 1,910 12% Dec 21% 21% 1,500 17% Feb 22 Oct 24 24 50 19% Jun 600 5% Apr 24% Aug 9 % Dec 11% 9% 9% 9% 23% 24% 4,120 25% 24% 26% 6,200 116% 119% 320 10% 12% 16,500 10% 12% 10% 15% Apr 14% Jun 107% July 7% July 6% Jan 23 22% Dec Dec 139% May 12 10% Mar 10% 150 13% 14 260 7% Mar 13 % Dec 10 27% 27% 90 23% July 27% Nov 28% 29 % 1,466 30 Apr 49% 875 24% July 26% Feb 48% Nov • • — : 47% Nov 100 103% Jan 137 Nov 34% 34% 728 32% Dec 35 Nov 17% 18% 5,800 12% Jan 23% Apr 8% Nov 134% 135 17% 4 1 1 4% (Un) Bros Raisin Louis 5 Co 4% 4 50 4 % 400 Car 35% Jun St Louis National 32 % Dec- 6t Louis Public 7% 9% Dec 3Q ' *Jan Jan 12 % Dec 200 7% . Jan ' 8% Mav 5% Mar 11% Oct 26% July 3% Jan 36% Feb 5% Dec 54% Jan 83% Dec JO Dec 16% Nov 61 Jan 40% July 78% Mar Dec 21% Sep 85 V4 Jun 52% Nov 116 Dec 20% 23% 15% Nov 19% Dec 15% 15% 130 13 Dec 22 Jan 9% 9% 1,200 5 Apr 9% Oct Stockyards Service Schwitzer-Cummins Roebuck A Serrick - Oil South Bend 43 44 40 40 Jan * 7% 7% 36 36 1.40 39 38% 40% 6,200 950 1,639 14 14% 300 52% 53 % 1,083 14% 450 4% Jan 8 Sep 30 Dec 48 7% 26% Mar 37 28% 39% Aug 9% July 40 July Aug Oct Nov Dec 14 Oct 55 Nov fs 57% 300 10% July 41% July 31 % 28% 31% 7,200 23% July 31 % May 18 35% 17% 18%' 12% 23% 1 55 1 Lathe Works 6% 27% Indiana Gas & Elec Pacific 5 —• Co 2 Corp 1 36 3,700 6% 1,550 26% 27% 4,600 6 22 Jan Jan 4% May 16 Feb 15% Jan 25 28% 350 11% 11% 5,600 21% 20% 21% 400 10% July 18% Dec 67 y. 68% 660 50% 12% 12 12% 3,000 8% Mar 1,100 1% * : 34% 800 11% 5 : Dredging 7% 36 15 (Un) Southern Standard May * Corp Co Inc 23 • Southern Spiegel 50 6% July * Society Brand Clothes Inc Southern 32% 15 Slgnode Steel Strapping Sinclair 32% • Corp Socqny Vacuum Oil Jun 700 1 Co ^_Shell Oil Co Prod 40 500 8% • Corp class B common Shellmar July 43% * com Co & 5 —10 Sangamo Electric Co Schenley Industries Sears 4,100 7% 43 • Co Co— Dec 8 —5 Co Paper Dec 3,700 41 250 River 22% Julv — 40 Apr 26% Dec v* 942 — 35 39% 23% Oct 28% 1 34% 39% Oct 300 7% May 46% Jan 28% jq 65 % Jun 9% 7 5% Julv. 13 64% Nov 7% July 18% July 7% - 28% 657 Falstaff Brewing Corp Four-Wheel Drive Auto. America of 30 Vs 1,129 65% —————* 349 47% 19% ——_— 1,100 87% 17 Nov Nov 2% 3,400 125 Jan 2,400 19 * 7% 14 400 9% 31% 16 20 15% > July Jan 9 9 6 10% Rexall Drug 11% 46% 14% 15 12% July 200 Jan 14% May 33% Mar 11 Ya July 35 83% 4,325 7% Dec 33 125 300 7% 16 Oct 4% Nov 14% 36 — 17% 34% Jun 13 Jan 85% 7% 16 — July July 47% Nov 9% • 17% 7% ;, 1% 5 Jan 25% • 200 Dec Dec Dec 10% July 33% 10 1,550 5% 6% 23% 3,700 (The) 4% 5% 19 200 34% 500 25 4% 20% 1,147 May May 1,111 95 4% 5% Apr Dec 1,500 4 16% 4 11% 11% 34% 31/64 6,300 45 % — % 750 7% 37 37 — , 16% Dec 15% 15% 6 ? 44 25 16% 1,200 15 7% Oct Dec 11% 19 31/64 22% 21% 15 25% 15% Jan class A.lOc 10% Dec 44% 12% Mar -1,500 18% Mar 7% July 13% May • 17 330 1434 July 500 50c 1 1,000 22% 1,113 U Remington Rand (Un) Republic Steel Corp (Un) Dec 1,125 4% (Un) Apr 37% Mar Jan 6,443 —__IIII__ For footnotes Corp common 20% 12 2,170 16% 10% • Theatres 38% July 29% July 81% Railroad (Un>__ RKO 450 33 common Oct 32% 5 Indiana Corp 452 11% Colorado Pictures 30% 4% of RKO 32 ,31% 25% 16% 1 Co Co Dec 87% 658 • 10 1 — Car New common Corp Jan 16 10 % 100 25% 30 82 Co 46% 16% 33%c Apr Jan 31% 4% Steel Service Oil & Coke Radio 73% 80 Pure 23% 56% 9% July 1 25 Nov 400 15 (Un)_ Apr 19% 12 Co Potter 119 350 A—IIIII class Co 100 28% 5 23% Mar 5 91% 11% 10 Doehler-Jarvls July 50 (Un) (The) Public Service of 46% 7% 18 11% Co Dec 88 7% •1,450 22% 53% 23% — 21% preferred Light Peoples Gas Pepsi-Cola 52% 24 11% Apr 30% Mar 1 common Public 18% 5 July .——* Quaker Oats Co 34% 1 Nav (Un) 23 (Un)_2% Co— Pressed 24 — 1,245 * Airways (Un) Pictures Apr 84% Oct 32% 25 38% July 3,700 27% 42% 8 (Un) American World Dec 45% 28 % Car Apr Apr — 18% 270 16% 27% — Pennsylvania RR Dec 87 13% Motor 14 4,100 43% 15% 27% Nov —* 65% July 271 24% Nov 15 Jan 23% 42% * Co————— 67 Jan 75% 83% 450 -1 (Un) 23% Nov 7% Jan 38% July 89 % Dec 170 55 —* warrants Feabody Coal Co 5% conv prior Dec 35 10% July 150 3,500 53% Nov 14% Aug 52% Dec 10 (Minn) Patterson-Sargent Jan 18% Oil Pan Mar 23 July 1 (Un) Rights 25 20 of America Du Mont Lab Inc (Allen B) du Pont (E I) de Nemours July * ± 2% 11% July 1,565 54% —1 _ — Edison Paramount 16% Mar 1% July 500 27% Ry__* 12 Vb July 23 64 — — Corp Finance Corp 14% * Preferred Cleveland 2% 22% 15% » Power 13% y 25% July 11% Dec -10 (Un) Corp Power purchase Packard Deo 4,000 22% 200 * Bancornoration Ohio Nov 5% * Aircraft Curtiss-Wright Corp 15% (Un) Co Ohio Oct 300 1.300 10 Co. States Mfg Stock Jun 23% 23 * Inc Oak Nov 14% Mar 4,825 18% 20 Vb 4% 1 common Motors 13% July 16% Jun 8% July 400 American Northern 32% 40% 35% 14% —2 Co Aviation American Northwest Oct 4% 25 Commonwealth Edison Vultee 4,270 Aug Feb 23% 100 Co North Dec 14% * Cooker York Central RR North Nov -14% Jan Oct 56% 40% 34 50c —5 (Un) Corp Standard North American Car Oct 120 — 32% 10 33% Mar 40 3 Inc Pressure New Oct Jan 14% * common.— Company National Sep 16% Co National 73 % May Feb 12% 10 System Corp 11% 12% July 55% 635 53 %v 1 Cleveland Elec Ilium Co Clinton Foods Inc Kodak Dec 21% 4% 25 Co Nash-Kelvinator Dec 12% * preferred Chemical 9 15 % 53% 1 common Cliffs Iron common Corp 3,400 15% 65 52% 25 Co 1,200 Jun Jan 1,450 40% _1 - Montgomery Ward & Co Feb 5 Co (The) 11% 11% Chemical Muter Dec .50c Corp Monroe 1% Mar 6% 49% Jan 1 preferred Gas 16 300 10% 11 14% % July 3% July 30% 25 Biscuit preferred Coleman 14% 65% _12.50 Products (Un) Columbia 6 56% Mfg Motorola 14 1.000 . * Modine Dec 18% 18% 35 • Missouri Portland Cement 43 Dec Jan —1 . Apr 61 37% ————* $1 prior preferred Minneapolis Brewing Co— Dec 15% May Jan 685 4 Miller & Hart vtc common.— Aug 22% Oct * (Un) Secur Paper 33 3 May 5% 15 Chrysler Corp Erie Oct 3 * Chesapeake & Ohio (Un) Chicago Corp common Convertible preferred Chicago Milw St Paul & Pac Ry Chicago Rock Island & Pacific Chicago Towel Co common Eastman Dec 7% 8% 2.50 111 & 149% 1 Central Continental Feb 2% 10 ^ — & South West Container July 4% July 11,950 Co__„ Products TJtilities Inc South Nov 60% Nov 24 103% 7% 5 ; Central Consumers 28 110 248 Middle 8% 34% 59% * Mickelberry's Food - Oct 600 60 * Meyer Blanke Co Apr Oct 3 • Brewing Corp Consumers Dec 1% 8 1 — Inc Pacific Consolidated 11% Jan 32 515 27% July ——* Inc—.—— Brick 27% 950 5 Carr-Consolidated Cleveland 30 Metropolitan Jun 1 8% 10 Service 200 895 157% 161% Oct Mar 421 • (Ky) Cement 20% July 3,300 1% 8 ;__1 j Co Bros Convertible 11% 30% 47% ' Jan lp (Un) Co Convertible 27% 7% 21 11% 1 class B (Arthur G) Portland Apr Nov 29% 7 Marshall Field & Co— Medusa 5 IE J) Certain-teed 11% 29% 29% __ * Co Centlivre 808 Louisville Gas & Elec 10 Co L) '»■ ' Bigelow Shoe (E Canadian Eddy 48 " 8 3 (Un) Burton-Dixie Corp Dow 47 .? Nov Dec Jan -4% 29% 10% —-• . May McKge 43 Jan July 29% ——10 _ 40% 27% Mar 3 (George Borg-Warner Corp Domestic • 1% 100 Co Steel JBorg 4%% 1,300 4 Corp W) Corp Detroit ► 42 Vb • (Un) Fisheries Crane „ '. 41% 18% ——4 Co__ 16 % 161% May 10% 65% 1% Dec Nov Dec 22< __ 5 — 20% Dec 146 % 10% 75 5 (Un)—— Dec 10 28% 25% McNeil & Libby Lincoln Printing Co common Lindsay Lt & Chem common 38% May 11% July Jan 1,700 6,400 ■ 11% Manufacturing Cities „ 17% 300 S 150% 154 % ■/,; 30% Bethlehem Butler % 5 common Benguet Consol Mining Co Eerghoff Brewing Corp Budd 13% 10 foendix Aviation Brown 18% 13% 50 convertible preferred Brown 18 13 fclelden Mfg Co Bruce 3,700 154 (Un) JBastian-Blessing Brach 14% 100 Corp Automatic Washer Avco Mfg Corp Booth 13% (Un)—• Products Binks 14 Oil Topeka Athey San Co Mining (111) 750 Manufacturing Co 1 & Refining Co common—1 Asbestos Ashland Atch Copper 39% # Stand Tel 39 1 Co (111) & & 39% Co Sessions & 100 60% 10 Libby 2,300 Gas 1.800 24 9% 75 University Corp ; Advanced Alum Castings Lamson 4% * 33 %c Extension Salle Aetna ••-'■ 10% 10 Kronp Forge Co 1 39 4 24 28% Corp——* ; 40 1,500 4% 36% July • — Inc Co 484 28% 10 Vb 535 38% 4% — Kelley Island Lime & Transport • Kellogg Switchboard & Supply com—* Knapp Monarch Co 1 ' 44% 4% 39 * (Un) ; __ 27% 9% 30 7.50 Power ic Light & Light (Un)__ Co 43% : 28% Jan 6% Mar 9 Elec (Un) Steel 28% 9 vb Jan 21 % 850 * Light (Un) Laughlin 43% / 4% 22% 750 10% * Tel & 5 » 150 27 10 —15 — (Un) & 10 1 31 26% 10 * Co Shoe Tel Gas Kansas Shares 30 26% .—1 Co—... Paper Kansas for Week of Prices Par 30% 9 Co Harvester Illinois Drug 25% May —* International Sales Jan - Pneumatic Tool International Katz Week's Jun 11% 100 Steel & 12% 300 —_10 International Packers. Ltd EAU CLAIRE 11,300 19% 50 RR Interlake Steamship SECURITIES Feb 8% 21% July 6% Dec 31% 8% 19% 1 Indianapolis Power <fe Light— Chicago Board of Trade 650 8% 19% .10 Co Steel 24% 1 25 Bartlett Corporation Central Dec Dec 3 Corp_ Illinois Apr 13% 11% ,.1 Corp— Brewing Co Huttig Sash & Door common— Hydraulic Press Brick $6 pfd CHICAGO 3, ILL. 90 Feb —10 . Instrument Co Spencer Jan Apr 9% Julv 13% 1 Hallicrafters Co (G) Dec Oct 90 Werner 26 % 31% May 65% Dec Oct • 23% Dec 17 3 2 Oct 10% Nov 100 Hammond Jun 18% Feb 3 Greyhound Corp (Un) Griesedieck Western Brewery , 8 54% 13 Dec 127 50% Mar Jun 48% preferred - Nov Aug Dec non-cum Aug;, 16 1% 48% Midwest Stock Exchange Tel 90 1,500 Oct 2% » 638 Jones American 16% 55 10% July 14% Aug 54% Iowa American 15% 700 54 1'/'' Iowa American 16% • 3,750 Greif Bros Cooperage class A International (Un) 950 3% 12 Feb International American Airlines 2% 11% 24% Apr Dec 22% July 441/* Jan Apr MIDWESTERN LISTED AND UNLISTED 1 12 340 17c Midwest Stock Exchange _ 11% 775 1,280 49% Members: Laboratories 72% Dec Telephone Central 6-0780 Alleghany Corp (Un) 31 68% Jan Illinois Allied 27% 29% 2%e SALLE ST. Ball & Roller Bearing Affiliated Gas Equipment 24% 7% 43% DAYTON & GERNON Admiral 1,800 267 Hupp — 10 24,000 Hibbard Laboratories 9% 14% July lie Harnischfeger Acme Steel Co 365 8c Heilt-man Abbott 17% Lakes Towing— 11% 19% July Dec 19% July Hein MINNEAPOLIS Dec a44% a44% lie —I960 105 SO. LA Dec 43% 9% • Lakes Dredge & Dock Jan 5% 4,700 17% 49 5 Refrigerator Co 41% 200 49% 6 5 Utilities 1,135 • 3% deb conv —. 6% 48% common—1 13 , Pac Corp Corp a44% Bends— /Southern Finance 12 11% 10c (Un) Corp 2,278 Jan 21% • a44 (Un)———10 Co W) 52% 23 15% July ; (Un) Co a26% a27% Elec Corp F.enda Gold Mining Co 51% July 17% Mar •588 (Un) 12.50 Willys-Overland Motors Inc (Un) 1 Westlnghouse (Un)_ Co 55 934 1,455 35% Tel 14% 1,700 10% * Union 14'/s General 12% 13 Western Air Western 14% 1% July 13% July General Electric High 45% July 3,100 Oct 25% 40% 12% 5 215 2% Jun Candy Corp Low 56% 2% 4% 3% 16 Range for Year 1950 High 2% 19% 63% ,——1 1 Shares 56% Jan 805 12 68 10 Co (Un) Inc General Box Corporation Dec 24 Jun 10% • (Un)— Pictures Bros 14 Low 5 68 18% 10 (Un) for Week 46% 20 % S Warner West 4 20% Corp Universal 923 4'/3 (Unt_l 26% — United States Rubber Co United com (Urn interest of 1 10 24% 26% (Un) (Un) Theatres Param't Ctfs —10 (Un) Inc Sales Range of Prices Par General Amer Transportation United Week's Last Sale Price STOCKS Shares 2% 2% Jun Dec 14 % 55% 34% Oct Oct Oct Dec 6% Dec 25% Nov 23 July 13% Mar 23% May 67% 13% Dec 3% Jan Dec Volume 173 Number 4979 . . (411) The Commercial and Financial Chronicle . ^ ^ OTHER STOCK EXCHANGES WEEK ENDED JANUARY 19 RANGE FOR Week's Last Sale Price :,v' >•/ ; Standard Gas Standard Oil of Standard Electric- Oil Standard Oil Standard of Oil Co (N J) High 65% 37% 38 190 10% Dec Jan 60'A Dec 42% 1,549 k; July 6 200 34 Jan 25% Jan 97% 91% 99 10 36% 36% 37 ¥2 1,200 1,220 1 Steel Spring (Un) Sterling Aluminum Products Stewart-Warner Corp 23% 22% 23% 770 18% July 15 ¥2 15% 200 11 5 5 Corp 17% 18 ¥4 10¥s 3,300 7 ¥2 Admiral Oct Air 16% Oct Alaska Apr Alieghany 26% Gold American Chemical 19 ¥2 19% 31 ¥4 30% 32 43% 43 ¥a 43 ¥4 5 17% 17% 17% 1,400 Jan 17% Dec American Factors 1 18 ¥4 17 V2 18 ¥2 5,900 10% Jan 17% Dec American 25 Sundstrand Machine Oil Tool (Un) Swift & Co 38% 38% 39 ¥a 1,097 33% Jun 40 % Oct Dec Dec ■ ,. 19% Nov 2,500 25 Ya July 36 % Oct 269 39 % JulV 69% Mar Jan 16 150 9 Airlines American & American Mining (Un) & Dye Corp 9% ' Co (The) Thompson Products new 86% 39% 5 14 5 Trane Co 2 Trans World Airlines Radio Truax-Traer 208 So Union La Inc Coal Carbide & Corp Inc (Un) Foreign Power Ltd & Certificates Steel Corp Dorn Iron White 26 15% Jun 3% Dec 5% 17 210 14% Nov 17 % 48 Jun 51% Sep 55% 56% 1,952 41 263/4 23% 26% 1,860 13% 4¥i (Un) - 45% Electric Jun 25% Jan ' .6% Mar 100 11% 350 12% . Dec 29 ¥« July 36% 2,200 28% 355 15% Jan 450 13 Aug 16 16 ♦ common 16% 4,900 12 27% 1 Wieboldt Stores Inc 25 46% 35% 36% 12 ¥» Corp 18% 12 5 Motor. Co Jan 15% July 746 12 1 * (Un) 3% 2,500 19 45% 19 • — 4% 4% 18 % 18% 1 5% Mar Willys-Overland Motors (Un) 1 11% 11 12 1,050 Wisconsin • 13% 13 y« 13% 2,750 15 ^ 15 300 13 July 13% 13 13% 400 10 Apr Woodall Bankshares Industries Yates-American Inc 2 Machine Co 5 Youngstown Sheet & Tube—; 55% 52 5 11% • Jan v 45% NOV 1,011 & Week's Co (111) Co Corp Baltimore & Beech Ohio Aircraft Bendix RR Bethlehem / American Tel • Stores & Tel 100 Corporation Arundel Atlantic * City Elec Co Baltimore 5ft Securities & 16 15% 17 67 16% 68 18% — 18 13% Borden Co Broadway Budd (Un) 5 15 (Un); 21% 43% 67 49% <fc Deposit Co Corp Gimbel Brothers 23 48% 20% 42% 67 48% 5 Fidelity 42% 22% 22% 21 % : • 67 2¥2 (Un) Coal Lehigh Martin (Glen 15'A 10% 14% 11% 15% 2,535 372 „ 20 185 135 498 2,943 9,509 816 Chic Oct Oct Cities 41% Feb Dec Jan % Dec 9% July 21% Jan 14% Jun 10 _• 50 25 24% Pennsylvania Salt Mfg common 10 54% 53% 20% % 14% 25% 26% 55 Pennsylvania Water & Power Co • 38% 26% 4% 8 22% 38% 27 5% 8% 23% 298 5,077 2,793 1,953 1,920 30 % Aug 23% July 3% Oct 7 July 21 Dec 86 22'A 86 23% 6 1,258 85 Aug 20% Dec 26% 30% 41% 13Vb 39% 26% 31% 42% 13% 40% 302 825 370 23% Dec 20->a Aug 38% Aug 12 ¥a Feb 33% Aug 68% 69 301 55% Jan 72% 1% (Un) Co Fuel Iron & 1 Corp Service div $1.40 3.60ft Co El & Gas preference pfd Paper Sharp & Dohme Inc • Gas __ 1% 3"% 26% 23 1 1 Improvement 4% 13% ; Westmoreland 26% 30% 42% 13% * common —— Corp United 23'A Serv__* Water Tonopah Mining United — • • Brook Sun Oil Co 26% 5% 8% 23% • 50 common Scranton-Spring „ 100 common common Reading Co Scott 24% 3 common Edison Potomac Public new i9a 13% 24% __ • • 20 Philadelphia Electric common Phila Transportation Co com Participating preferred Philco % * 26% 10 Inc ; 704 4 1% 4% 100' 1,805 27% 23 27% May 3%s Tel Crucible Oct 5 91 1959 , 1975 55% — Feb Dec It 11 974 90 4% 36% 31 '00 760 Apr Dominguez Oil Fields Co (Un) DOW cnemic., CO c°mmoD 44'A May 4% NOV Kodak Eastman El Dec Eureka, 59% Dec Ewa Co common Ltd Corp Co pfd prior Prods Board Machinery & chemical com Clark Commercial Steel Pitt Harbison Joy Corp Erewing Walker Jan Aug 47% Dec 11% Mar 14 Apr 18% Dec Goodrich 10 ¥a 10 10¥a 8 Mar 10 Jan 13 ¥a 13% 14% Apr " 2% 3 555 369 ¥ 250 11% July 2% Jan 10 11 385 9% Dec 14% Feb 21% 512 18% Dec 24 % Jun 12 Jan 18 % 10% 20¥a — 20% 50 11% 11% 8 31 32% 220 Dec 17% Dec Feb 20% July 29% Nov 31% Dec 34% Mar 30% 184 31% 32 ¥a 30 10 27 ¥a 27% 55 23% July 22% July 13% 13% 50 8% Mar 16% 18 ¥4 263 15% Dec Gas 5 Fuel Supply. — Brewing 1 convertible Pittsburgh Screw tz\ 'orp Air May 27% May 12% 2% ¥a 3 4 4 ¥. 1,600 3% July 25 6% Oil Holly Honolulu 41. a48»i 49% 4 2,175 233 32% Jan 42% 39 258 31 41 10% 459 9% Foods Hunt Feb July 6% Mar 9 % Mar Apr Oct new - Dec Maryland Mines Corp Power Co Co Johns-Manville Oct Kaiser-Frazer 23% 466 18% Apr Jan 18c 22% 26% Oct Kansas 35 ¥2 626 24% July 33% Oct Kennecott 36 ¥2 35 ¥4 36 ¥2 1,070 29 % 35% Jun Kern -23C 44.450 7c July Power Corp 3 3 11A 22",a -- 66% 21 (Un)--l .———20 ——P2 (Un) • & Light /a * 6% —-1 15 Corp (Un)——~83A r 5 Corp (Un) County Land Company Copper a71 1 inc U DeQ Noy 6% Feb 36 ju]v ^ — 1,2 ■ 220 4% — 15% 41 ¥4 46 5,134 50% Jan 25y Dec x /a Dec 14¥i Jan 10V2 Aug 17Q 18% Jan 15,j 1,94b 10 a68 k a72,8 2,4 3 49% 50% 11A ^ 22 /4 22,4 J — /a - -- 30C a49% 8% al6% a78¥a 62 » 58 66 j 20% 21 4A 4,2 5 5 155 1-35 11 a a39.B ^ nnn 34 A 39¥. --- ,ian 82 ^ Aug 64% Sen 3 Noy 47¥» Dec 3/ Mar 21Ya Nov July 35 A July 2 516 • 1.28 Feb 48% 2 201 2,201 5b3 Dec 9/a 2g £05 Dec 11,01-0 ^ g% 57 ^ 0cfe Nov Deo 4y8 Dec ^ Apr 6 Jan 2.05 Jan Nqv i.ujj 415 , ■ 10U ^ 4,341 10. x,//o 12% May Dec 32% Nov 36% Deo 25% Mar - 25/2 Mar y ^ 36c xoc ^ j ^ peb ^ 9,/8 Sep Dec 19 Mar 75% Deo Jan 63 , 45% 57 y2 25% Deo 16% July 35% July 39 ,a 16 16^2 30c 30C a4£i,..a4£»/• 7% 8% al6 ,8 alb a - a__ a;; 10 11A30% 34% 38% Jun Aug n » vso ^^.am/. „m', 71 Jan 16 Map 2.1 ^ 1W Jun 13 30 • —' Independent Exploration -33%c international Harvester • Int'l Nickel of Canada (Un)————• International Tel & Tel com (Un).>Mining fb — common— Idaho IXL 11 >° - Oct May 11 <* -- Hupp Corp (Un) Hutchinson Sugar Plantation 34 19c in/, -- 1 (Un)—r 23 7 a 52 A 52 A a47'/, a48?. 48% 49% n • Rubber Corp 35 Va 23c 16 |% Dec "13 A i & Corp Co Oil 12.50 Westinghouse Electric Corp Jan 3¥s 40 ¥2 38 10 »A oqn y - (Un).. (Un) Great Nor Ry non-cum pfd (Un) Greyhound Corp — Hawaiian Pineapple Co Ltd. Tire _* Brake For footnotes see page 2 2% 40 ¥4 - 25 -10 * . w common Goodyear 1 _1 Toy Mining Steel Spring Standard Westinghouse 31 Co— — preferred.. Pittsburgh Plate Glair" ■**" $1.50 4 — 38 » (Un, Idaho 10 B National Fireprooflng Corp Common — New Co P) IB 51% Nov 36/2 July D /• g c %£££ 7% May 1.800 35/2 -- oct 4A 9 6% Jan 56% 53 - 52 23J4 May Jan 29 /a Jan 68 3 106 100 preferred Graham-Paige 3% May 21 ¥4 21% 4ft ji'/l 15 A July — Golden State Co Ltd common 10 332 com—* Refractories Mackintosh-Hemphill San 21 % 60 19 ¥4 29 ¥2 Pittsnurgh com 11% 1 Mountain new 45 * Star Razor Safety Gillette 18% (Joseph) Co Lone High 11% — 9/a Oct 12 40% Aug 16 106 — • 1 preferred 2nd Conv 43% — 3 7% Jan 444 ; common ¥2 ' f&n 17/a Feb 6 Jun 3,400 1,110 * Manufacturing Co Home Paint Corp 19¥a 5 8.50 10 1 Duquesne Brewing Follansbee Motors General 11% 1 Corp Equitable Gas Co Fort Corp General Range for Year J950 255 45,2 Api 18% Dec 9 * 61 /a Jan 200 . * 44 * * Co (D L) Columbia Gas System Continental • 5 " Co Blaw-Knox 14% Oct 11% May 43/a Jan 10% Jan 6/a Jan a46% a47% 10H .11% 21% 22% ~~ 10 2% • Electric Co " Arkansas Nat Gas Co common - —-1 20 (Un)_100 Fibre * Steel Ludlum Alleghany - - (Un) General Poods Corp (Un) Low v 33% May 26% July 760 6|A a83¥ia87/8 - -• 5 Capwell Co Plantation General High 48 58/, Jan A80| -- (Un)-lO (Un) & Share Co 80 a85% Works Oil Dorado 36 . 5 de Nemours ie I) Pont Apr 24% qu Apr 29 Vb Ttfi)——I—W Dumbarton Sales for Week Low Par 10 7/0 — 90 4% Nov 119% Shares 120 a8% 11% a8% 11% — 22 A Deo 32 k Mar 37^ July 3% Mar S/g if a36 a38,8 s 14% 32% July of Prices Sale Price 1,165 *883 90 4% 36 Doernbecher Mfg Co 119% Oct Range Week's 1,340 * • • 15 preferred 47 Vs Pittsburgh Stock Exchange Last 0 101 19% 11 18% 9% — • 1 Foster & Kleiser Friday 104 a46% a47% — (Un)—• (Un) Food stocks 15% 15% — 1 (Un) Corp $3 cumulative , 11,000 56 100 1,180 Jruit Corp A comm°n-—l Feb 28 $15,000 1?13(> I'l'i — 31 40/a O 14% May 11% July Mar 30% Emporium 4s America of Co Curtiss-Wright Dec 26% 22% July 19 Apr Steel Publishing Co Curtis 8% Aug Tel— Transit Co a8/a 30% 50* Electric Bond debentures conv Ealtimore & a8% - Jan BONDS American , 18% Sep 23 15% Apr 31 Aug ' 27% May 23% 440 16/a Apr Nov 39% 380 26¥2 Dec 1 (Un) 962 15 12% 3% Jan 573 25 Continental Motors common Dec 2,345 775 626 240 15 (Un) 425 — 5 Jun Oct Jan Oct Dec 11 A Feb 14% Mar 2~ Dec 42% Jan 48 A Nov 32,a Jan 51/a Dec 30 Mar 47% Dec 1-40 Jan 2.6° May 25 A July 35 Dec 7% Jan . 23 /8 Dec 29% Apr 47, Dec 63 ¥a Jan .. 83 Jun 68% Feb 89% Nov 31 July37 ^ Oct 28% 54 — (Un)—• Aircraft Vultee Consolidated 18% 50 lbc 8 58 Mar Aug 28% 54 — 28% —1.33% Cons Grocers Corp Cons Natural Gas Co 18% Jun 22/a Dec 25% Oct 5% Mar •> 246 - 25 Coppermines July 100 253 29¥a Edison Feb Mar 29¥i 29¥? al3% al3% a24% a24% System class A_2¥2 • July Jan Deo Mar Jun 11% Oct 3.25 40A 51% 71% . Jan Jan 9/a Ju!ly 2,100 1,135 . Aug Jan Dec 2.10 24% 49¥a 58 8% a21% a22¥a — Consolidated Edison Co of N Y % May — • common 13% Nov 22% 64 Vb ~ * 25 75% 86% 86% 34 - 35 51% 2% 49/a 16 8c Oct 6% Aug 34,a Feb 870 200 667 29 882 73% — 10 Gas Consolidated Dec Light & — a53 .3¥i Co> Oct % Feb L) Power • .100 Consolidated Chemical Indus class A—• 18% July — Jun ,- . 15% Aug ;*20%Dec 12% Aug 10 Mar 9% Jun 9 Ye Jan 35y2 Jan 1 July 30% Jan 7% Jan 13 41 90 100 46% 46 ¥2 1.70 1.75 35% 38% 25% 28% a52¥» a56% — 1.75 * 25 Commonwealth Sep Corp Pennsylvania Power & Light Pennsylvania RR National Pennroad (Un) com System (Un) Commercial Solvents (Un) Dec 13% • (Un) Chemical Columbia Oct 21 Ve RR — 9% Nov 27c Jan 9% Apr 21 Apr 3% Dec 903 23% a58a58% 52 53% a58% 1 25 . 23% — 25 10 America Columbia Broadcast 68 % Mar 10% —25 Corp Colorado Oct 54% 1% 1,580 20 ... 800 13% - • common (Un) of Paul St 12% — * Corp Mining Co Ohio Ry (Un) Service Clorox 24% Mar 44% Milw 13% - * (Un) com (Un) Corn Chrysler — 8c 6% 58 • —— Ginger Ale (Un) Preferred Oct 10% Co & 3% 11% Deo 25% Nov ' 13% Mar 1,110 16% 44 8c 6% 58 ¥2 44 % Dec 14 .. 305 185 323 28 . 16 44 -• 5,233 18 3% 16 5 common Trading Eureka a27% ♦ 25 190 500 1,376 11,822 22¥2 23¥2 a27% a27% 1 & Co Chesapeake Oct 18% 84 % 7 Jun 4% Jan 11% • Navigation & Central Dec 70 July Dec —10 Valley RR — - Pacific Rv Celanese 17 ¥2 — (Un)-- (J I) — .• Packing Canadian Case Dec 18 »A Dec Apr 1 Lehigh 10 —_. Caterpillar Tractor Co common Dec 4% 14% Feb 128 , Jan 4% , Ink Pacific Preferred 15¥a Aug 62% July 5 Ve July 19¥a 35% 57% 43% 51 ¥4 5 ; Store Sullivan & 265 a43¥2 1 — Canada Dry 56¥i 14¥2 * „ 2 Corp Hill — 150% Dec 9c July 5% Jan 340 . al3¥i al3¥i a56% a58% 1% 1% 54¥e 56¥2 12% 14% 255 265> a43a43¥2 51% 51% 65% 65¥2 al0% al0% a57% PI (Un) California 17% Mar 22 60 July 12% Jan 808 1,695 1,255 462 50 5,229 23% — 1 5 (Un)_„ Dept Co Calif 161% May 7% July 60 2,266 75% 9% • com Storage Battery—: Motors 683 73% 8"% 75% 9% 25 * —10 5 Light Electric General 105 3% 50 • Chrysler Corp Curtis Publishing Co common Power 3% • 23% 100 Jan 39% Dec 39 Feb 23% Aug 5% July 553 Eishop Oil Co Borg-Warner Nov Corp— Company Delaware lVe May 20% 14% 4% • common partic preferred— 6ft 14% 4% 100 Co 1st preferred Bankers Budd Transit 19% 13% 4% - „ 13 75c 37% 13% July 17% Dec 9% Mar 3% Dec 325 1,541 1,861 332 14% Holdings Corp jiUn) Boeing Airplane Co (Un)— High 3,353 16 15 __ 13% .rv:Blair 13% Dec 17 Oct ? 14% Jan 53 % Oct Year 1950 Low 287 14% (Un) Calaveras Cement Co 29% May 146% Jan 34% 150% 154"% % 154% 10 Baldwin-Lima-Hamilton Corp Baldwin Securities Corp 34% — 13 (Un) Corp (Un). Corp Steel :California High Low Par American 10 12 8V8 Corp Aviation Benguet Cons Mining > 9% 10 7% __ Jan May May Dec May 61% Dec 46 ¥2 Dec ,104 12 8% 26 — 18¥2 21% 16% 71 161% 61% Dec 23 Feb 28 Mar 31 July 38Va Jan 7% Jan 185 4,547 28,700 5,590 2.50 (Un) Jun 120 26 4¥2 Mar — 146% Jan 375 __ Dec 14 14% Aug 11 ¥2 July 53 Jun all% all% all¥2 al59% 3% Jan 5 Dec — 15 P10 3 Engine cojnmon — al57% al62% 5 Calambra Sugar Range for 110 34V* __ 100 5 Wedge Mfg Baldwin-Lima-Hamilton for Week Shares a50% a52¥8 * (Un) Diesel Imperial Atok-Big . (Un)_—• (Un) Avco Sales Range of Prices • Top & Santa Fe (Un) Corp Atlas Dec Jun Jan Jan Dec Nov May 36 Jun 28% Dec 16% Nov 11% Dec Philadelphia-Baltimore Slock Exchange Last 34% 75 1,528 2,509 1,095 — 14 Byron Jackson Co Friday * 34% Bunker Sale Price a59% a603/8 42% 44 ¥4 41% 42¥s __ 20 Atchison , STOCKS 58% Aug 50 Armour . 24% 4% 23% 23 ¥a 42% 12 15% Jan 27% Dec July Jun Sep Jan July 100 Archer-Daniels-Midland 55% Dec July Apr 2% 2% 56% 9% 2% a59% 42% 41% Atlas 55% 22% 650 550 117 1,485 •520 220 50 15 695 168 3,059 Anglo Calif Natl Bank Dec 40 850 Anaconda Copper Mining (Un) Nov 16 ¥2 30 3%'"' 3% 4% 4% — a58% a59% 14% - 13% 14% 2% 2¥2 10% 10% 16¥2 16¥2 16¥a al7% al8% 13% 13% 13¥2 a77 a76% a77 154% 151% 154% (Un)._• American Viscose Corp (Un) American Woolen Co common May 25% Dec 230 29% 41 60 3% 20 (Un). Refining 35 2,500 4 ¥4 4 29% * Co Nov 20 % f/:/50;:\ ;V50 1 com Works Warner Bros Pictures Westinghouse 23% 4¥a • interest of S Van 14% 24% July 38% Apt 1 Light Tel & 21% July 1 (Un) Co American Tel 100 • (Un) Radiator & Stan San (Un) Amer Feb 14% Apr 729 500 10 (Un)_. United Corp (Un) United Paramount Theatres U 14 22% 26 • Carbon United Air Lines Inc 42% Jun 29% —5 St Dec 10 21 ¥4 1 Co Salle 32% 200 28% 29¥a 5 Corp Jan 39% Timken-Detroit Axle Co (The) 59% 70 90% 5 common Thor Corp Trav-ler 862 25 82% 52% Jan 26% 10 (Un) Broadcasting Power July 26% a43% a43% — 1 American Smelting & Texas Co High Low — • (Un) Co Juneau Allied Range for Year 1950 Shares High Low 1 Reduction 10% Aug Jan ,"■ /■ .—5 Corp --10 1 * Corp of Prices Par Laboratories 21'A ' Sunray Abbott —1 Storkline Furniture Corp Studebaker Corp (Un) Sunbeam T.'.Y:/ Oct 35 May 12 ¥4 Jan 1,980 9% 18 Range Sale Price Dec 91% 66% 25 common Week's Last - 39% Aug July Sales for Week Friday STOCKS 12 ¥2 Exchange 1950 High Low 63% ■ - San Francisco Slock Range for Year Shares 11 ¥2 i'c-- -i- 10 (Un> (Ohio) Container 12% 25 Kentucky Standard Stone Low * Indiana Co for Week of Prices Par & Sales Range Friday stocks Oct. V-. B» (412) J s The Commercial and Financial Chronicle JUifc. l < • , Monday, January 22, 1951 ♦.. OTHER STOCK EXCHANGES RANGE FOR Week'# Friday STOCKS of Prices Par Leslie Salt Co Libby McNeill Lockheed Loew's Co & (Un) Consolidated 29% Apr 33 445 11 Jan 24 29% 31 1,377 23 Jan 38% Nov 46 46 50 41 Oct 45 Jun Co 3% J Co July 21% 21% 220 (Un) Investment com com 68 881 51% July 66% Oct Silver 28 735 23% July 29% Dec Sinclair Oliver United 20% July 7% July 27% Dec Preferred 1,523 11 % Jan 4.32 % 2.25 Dec Convertible 21% Dec Preferred 2.35 100 26 2,411 22% 22% 403 19% Dec 23% Mar 18 18 396 10% Jan 18% Calif 394 21% Feb 27 320 16 Jan 21% Dec Southern 30 76 Jan 90 Apr Southern Pacific 18% Jun 33 Dec 27 tic 1,841 12% 290 35c 4,400 1.85 1.95 13% 31c 31c Southern pfd California 5c Nov 9c Jan 452 42% Feb 54% Nov 320 35 Jan 54 72 78 32 Feb 68 5% 5% 100 3 May 34% 36 2,241 22 Feb 34 Dec 26% 16 Feb 25% Nov Standard Brands Inc a47 % 127 27 Jan 45% Dec Studebaker Corp * 30% 31% 450 30% Jan 11% 12 210 13% Jan Co (Un) Inc 5 5 > 10 ' 2.15 218 3,484 17% 150 21 Dec Tide Water Associated Oil com Feb Transamerlca 33% 11,223 35 35% 1,243 31% 31% 31% 492 30% Dec 34 28% 28% 220 28% Dec 31% Jun 27% 27% 135 27% Sep 29% Jan 29% May United Air Lines Dec 29% Jun United 48% July 100% Nov 55% Apr United Paramount 35% 33 37% 28% 500 28 630 27% common • 50% 51% 1,567 50% « al03% al03 % « al04 l 32% a 103% 5 al04 11 7% 8% 3,050 20% 21% 2,430 14% 22 102 21% 6% 15 si' t 16% 16 U Dec Victor Dec Wailuku 14 July 15 1,019 22% 444 21% Dec 25% 12% 50 9% Jan 24% .4. 1,163 3,125 21% 24 a65 % ' 94 164 99% July 111% Jun 148% 148% 148% 45 151% Sep 4% (Un) 4% 4% 4% 2,370 11 % 11% 1,071 a21% a21% 1 Pennsylvania RR Co (Un) 50 Pepsi Cola Co (Un)—— ___33%c Phelps Dodge Corp (Un) 25 Philippine Long Distance Tel Co—P100 Phillips Petroleum Co * 16 r Jan " > 98 4 4 4 25% 25 % 10% 550 26 12% 12% 67 — 3% 8 2% 68% 18 20 6 6 6 210 • 27 26% 27% 2,915 Oct 61 Jan 92% Dec 42% 270 Jan 59% Dec 87% Dec 32% 515 36 Oct 18% 2,257 25% July 15% Nov 17% Dec 35 562 22% 32% Oct a35% a38% 90 55 36% May 39 Aug 59% Jan 81% Nov 23 25 25 4 56 4 35% : 56 36% 20 21% 400 a35% a36% 405 25% 27 636 a35 % a35% 27 1 913 24% Jan 37% Dec 14 % July 19 % Dec 230 17 17 Nov 22% Dec 869 40% July 24% May 55% Dec 33% Dec 13% May Jan 21 Dec 37% Dec 13% 23% Dec 4% Jtin 6,455 44 1,671 4% 4% 4% 1,135 20% 20% 212 al9 al8 % 19 25 45% Oil 45% 46% 3,201 65 65 109 8% 8% 920 10 11 Cn 12% 12% 12% 275 ,275 280 174 75C 90c 6,399 5% 6% 5,349 338 1 Bros Pictures 8% Preferred —20 ! (Un> Wells Fargo Bank & U T— Westates Petroleum common 5 _100 6 West Indies Sugar Western Air Western Department 22% Dec 11% Mar Western Inc (Un) a RR 13 12% _50c 22% 22% common 78/. .TlllV 16 y4 26'A 100 Union 60 % Dec Jun 27% Nov Willys-Overland Feb 74% Sep Woolworth Dec 6 Mar Feb 25% Dec Jan Feb 4% Dec 7% Mar 21% Feb 110 30% Jan '7:30 . ; NOV 13 7% July a 1,435 16 300 1.25 Mar Feb 35% ■'¥ Dec Dec 16% 35% < Sep Dec Aug 8% July 63c 720 12% (Un)_ (Un)—i.. 266 1,710 66 .62 11% July ' 13 a42% a43% 42% Feb 5% July 540 a90y8 a90 % » Motors 33% 21% Jan 41 23% - ■7-19% Mar July 15% July a50% a51% a51% Telegraph (Un) Westinghouse Elec Corp (Un) CANADIAN 33 ;; —1 Stores Preferred Yellow 33 1 Lines Pacific Western 90c (Tin) Sep Dec r.: 1 (Un)_ Jan 100 .—10 L Jan 1,027 90% 35% (Un)__—1 Sugar^Co (Un)_i2 Dec 3% 7% 24 Dec 66% .Jan 90 . common Jan Apr 58 Dec Dec 16% (Un) 14% 1,132 Dec 12% 33 .—10 Consolidated 21% Feb 45% Mar 10 82% 33% 17% 18% —10 5% 530 18 80 26% Jan 400 32 5 common 12 Jun "14% July 7% July 1,489 3,125 81% Feb July 18% 67% 1,252 5 Inc Jun 13% Mar Jan 16% (Un) May 96 96 M (Un) of Delaware Corp ■'■>./V a63.% a65% 12% Equipment Warner Feb 103% 104% 11% Steel 7% Mar Mi* 144 S 22% 30% Mar 10% July 50% 335% Inc Carbon Aircraft Corp Universal Sep 897 2,215 •' 14 22% Pan American World Airways (Un)_2.50 Paramount Pictures Mines (Un) l Airlines Corp 13 1,450 4 4 9 Sugar United 36% Mar 33% Carbide Union 33 Dec 12% Union May Sep 31% 10 Corp & 29% 230 Dec July 33% 69% Union Oil Co of California common—25 104% • ...... 25% 28 11% Jun 24% Nov s'.ji.i'j . 69% Jun 105% May 106% May > Aug - 109 200 , 68 WPrld • (Un) 16% Sep 28% May 419 . 11% Trans 100 Pioneer Mill Co Ltd (Un) Puget Sound Pulp & Timber 26% 31% 25 ; United Gas Corp (Un) al02 Ltd 22% May Dec 28% Mines 26% Jun 5% Dec 100 Cons (Un) 32% 28% (Un) 25% 32 25 Company 33 25 3% 28% common Dec 1 Texas 25 _ 24% 25 Feb 16% July 30% July ;■ Preferred Packard Motor Jun 30 a28% a29% 25 Jan 4% 200 25 common 36% . 1 3,013 — 1st preferred Pacific Tel <fc Tel Dec Dec 10 4% 25 Petroleums 40 31 % 31% (Un) 17% 25 Corp preferred 29% Mar 848 92% Standard Oil Co (Indiana) Standard Oil Co of N J (Un) 4% preferred Light 2,309 24% 21 13% July 11% Feb 1,512 44 34% a25% a25% 2 Super Mold Corp Swift & Co (Un) Oct 2 Apr 17% — 28 preferred. A 3.00 34% May 25 common preferred dividend 18 18% 17% • preferred series 1.90 17% 20 common Jan 27% 25 Sunrav oil Corp ♦ 29% July 9 % July 1.40 Dec Nov / 34 Calif. 992 of Dec 4% 40% 44 (Un>. Standard 1,600 - 1 12% Mar 28% July 585 ,, 2 46c 33 —• 'i 25 Petroleum.. Dec a48 Dec Nov 43,900 1 1.95 15 38 8c _5 Co Jan July 56% Co Oil Dec Nov 53% Corp Spiegel Inc common May Dec 50 6c 25 series A Jan 9% 22c 30 30 56% Sperry 1 preferred red 11% 415 Jan 271 25 4.48% Co 87 34% 14% 505 5 * Gas 32% Sugar Utah Southern 18% 32% 14% 48% a50 % Dec 85 33% Apr a 15 preferred preferred 27 10Q Feb 5% (Un)—.• 4.56% 18% 16% July 37% 100 a35% a36% 25 cumulative 27 Pacific Portland Cement com (Un)__10 Pacific Public Service common • Park Jun 19% 630 10 * 4.08% 8 & Electric 1st preferred $4.50 640 9% 1.10 Aug 2,515 54% 10 - _5 (Un) Soundview Pulp Co Southern Calif Edison Co com May 18% common Pacific Gas Pacific 27% 21% May 25 20 Coast Aggregates Finance Corp (Un) $4.40 23 10 Pacific American Fisheries— Pacific 14 % July 2.35 i — red 426 • Products 5% Coalition 1,720 11% 29% . 5 Corp (Un) Socony-Vacuum Oil (Un) 18 9 Nov 28% a49 % Oil 20 - Dec < 39% Mar 28% 15 100 Filters class A B red King 17% 27% , 47 Dec 53% Co 19% 27% 36 Jan a36% Signal Oil & Gas Co class A May 68 Dec Jan 23% 32% 295 PlO 23 % 27% 17 30% 719 642 Co. & Dec 45% 5 Mining Roebuck Oil Feb Feb 48% 36% -10 Shell (Un) Co 1st Maurlcio 13% 74 Jan 36% -10 (Un)__ Sears 68 17% Jun July 24% 54 Oct 5% Jan 9 46 - a34 % a34% _1 f 10% May 28 100 (Un) Lead common Edison 5% Joseph • Oceanic Oil Co 4.80% San Mar 8 • Sugar Co Ltd cap (Un) Occidental Petroleum Corp 5% Nov July 4 1 Oahu 1st 44c 13c fT7n) preferred Northern Pacific Railway 5%% St 14 Apr Jan 45% Safeway Stores Inc Mar 100 Power American 6% Mar 9 5 5% % Pacific —1 33 • North Pacific 36% a34% 26c 57c 64 a49% .10 Dec 20% 70 62 23 512 64 100 -25 S & W Fine Foods Inc„ 19% May July July 29% 9 63 Oct Nov 12% 18 a49% a51 % 43 47% 18 a4 High Jun 27% Mar Dec 1 Co Pabco 122,450 15 10c 5% 1 American Class 12 9 (Un) North Onomea 53,100 40c (Un) Aviation Ohio 159 19c a31 a3% 9 __1 common Manufacturing Co Richfield Oil Corp Ryan Aeronautical Co Jan 3.75 —__— Incorp a3% a3% I* — Rheem Dec '25 Feb common- 35 1,587 —1 Realty & 17% —1 Republic Steel Corp (Un) Reynolds Tobacco class B (Un) 10 North American Ohio Oil 18% 37"% Dec Equip (Un) . Preferred 5% July July 1.60 5% (Un) Mohawk 19 « (Un) • Niagara 37% America Preferred Sep Apr Corp of Rayonler Dec 19% • com • RE 57 40 14c 54c 21% 4% 7,250 a31 18c * Feb Mar 10% 13 225 3% 18% PlO Fibres Central 5% a40% a42 % * Natomas Company Co New Park Mining Co Y 2,830 a24% a24% 3% 1 National Distillers Products (Un) N 60 20% 5% 18 Mini 19% a21% 19% 10 (Un) Nash-Kelvinator Corp Auto 20% 10 Cem Montgomery Ward & Morrison-Knudsen Co National Railway 1,013 (Un) (Un). Power Apr 34 14% 5 Light Portland Montana Oct RKO Pictures Corp RKO Theatres 14 • Mindanao Mother Lode Mines M Radio Oct 33% (Un) McKesson & Robbins Inc & Dec 18% 34 a 250 38% • 31 a47% a49% 17% 18% Jan 15 • a48 % July 23% 855 Low 75 (Un)_. Pure 315 Range for Year 1950 High a47% a47% Oct 17% Low Shares a 47% 9% 39 % (Un) Co Co Inc Menasco Mfg Co common Middle South Util Inc common & M Co Oil for Week (Un). Apr 39 common Meier <fe Frank Preferred Inc 16% 1 Navigation Monolith Pullman 17 % 1 M J Aug Sales Range of Prices Par High 34 Dec 7% common— (Glenn) Power 30 1,215 5 Minesota 385 9% Martin Co Sugar LOW 32 9% Marchant Calculating Machiae Marine Bancorporation (Un) McBryde High 32 Week's Last Sale Price • Corp— Macy & Co (EH) Magnavox Co Matson Friday 8TOCKS Range for Year 1950 9% (Un) 19 week Shares 1 1 Libby & Aircraft Inc Low 10 — foi Range «-»»i Sale Price WEEK ENDED JANUARY Sale# Dec 20% 43% 20 Mar 29% July Dec Oct 7 / 7,___ a 40 Sep W) 36 Jun Cab Co 1 11% 350 5% Feb 11% Dec 44% 44% 1,375 42% Dec 50% Apr —1 common 11% 10 4% 5 1,600 3% Apr 17% (F 17% 50 16% Dec Preferred 6 Sep 19% Jan LISTED MARKETS 1JANGE FOR WEEK ENDED JANUARY 19 Montreal Stock Exchange Friday RTnrKQ BIULKS Week's Last Range Sale Price Par TbiPn°rIfHPaPer $1.50 preferred C0mm0n o' ..20 of Prices Low 477/« 48% 24% 2434 943/. 28% preferred 100 Agnew-Surpass Shoe Aluminium Aluminum Ltd Co of Car 21 7 July 25% 105 Apr 10% 13% Jan 29 % 52% Feb 582 25% Dec 9i 50 • Oil —,—— 4,7™ 4 43 43 44 11c i0 934 {J 6 n45 83^ & 80 83^ Sg «'* ®H £» Nov Oct ' 6 43% 106 Oct 7 9 Oct Jan Canadian 39 Jan 42% % Dec 42% Dec Jun Cockshutt Feb 'all 43 401 19 Jan 24 % Jun H2 '13 Nov 15% 391/0 Apr Consumers coic 32% Jun Corby 29 25% Jan ■26 Mar 90 99% '32 102% Jun Sep 73/3 69,350 2.75 Jan 57/a 30% 29 30% 1,730 27% Jan 32% Jun 4.75 4 sn 4 71 791 2% Jan 5% Jun For footnotes 4%% see pfd page 41. 18 Apr 25% Nov 2,429 10 July 15% Oct 17 16% 17J/4 2,335 14 Jan 17% Oct 57% 57 59 3,417 28% Jan 51% NOV 38 37% 38% 725 27 Jmy " 4tJ Mar 23 23 23% 67 22 May 24% 5 5 100 78 78 75 27% 27% 360 25% 27% 27% 535 18% 20 1,145 __ 7-,,; ■ " : —— 25 9 Jan Jan 56 Dec Nov 28 Jan 22% July 31 May 15 July 18% Nov Dec ,45 ■ 25 « 24% 25% 13,629 16% Mar 24% 15% 18% 20,115 11% Aug 14% 26% 27% 6,438 14 July 23% Oct 13% al3% 225 12 July 14% Jan % Mar 27% * a Smelting—; 13% t a 3,222 91 29 29% 1.320 22% 12 10% 12% 4,965 11% * , 11% 600 8% Jan 14 Oct 32% 33 300 31% Jan 38 Apr a21 a22 475 20 Jun 129% : 132% * Cork & Seal * Co 33 — 20 20% 16,325 111/2 12 2,845 6 Jun 013/, 00 ^47 29 Aug 00 15% July 19% Mar 9% 36 Class B Oct Dominion May Dominion 8.10 7.25 8.10 59y2 57% 59% 4,152' 34 Jan 8 12«% Nov Jan 29% Dec July 13% 29% 29% 29 Jan 10 2,326 30 Dec 21% 21 21% 6 271 19 Jan * \\y2 ny2 11J/2 '235 8 July 100 25 100 Jan Ltd class A a _ Coal 6% Corset Co a21% * ■ • 25 a8 25 7% Mar 8% Jan 29 31 19% July 31% Nov ,60 59 60 18,935 2,249 39% July 56 % a22 a21% a22 445 19 July 22 % Dec 13 12 13 260 12 July 14% Jun • Ltd Jan a8 30% • preferred 23% Oct Oct Dec 29% 54% Co _ Distillers Seagrams Dominion Bridge Oct 29 132 • Distillery class A Class B Crown Jan o% <nuy 18% _ Glass (H) Davis Leather 111/2 • common 100 15 Dec 20 Cement common.$1.30 preferred 27 " q3/b 20 % • Oct 27 t ___ (B J) Co Ltd Consolidated Mining & ' * Is 30% ' common Plow 31 -* II 22% July pfd— -20 Coghlin a!4 7 1,495 Aug 1 32 Dec-'' A Railway Vickers al5 9.80 * *• Jan 30% * Companies Canadian Pacific Canadian 1* * Products Ltd Oil 8.00 100' 23% 14% -25 24% a29a29% class preferred 7.25 99 % Dec 27 ] 6% 22% 99 % 17 * 7.55 a29g preferred Oct Jan Nov 7,833 14% •, Canadian Cottons common—; 24% class A—___• Canada Northern Power Corp.. series Canadian Locomotive 84 Sep Oct 19% 30 * series * 25 „ Foundries $1.75 $1.00 Canadian Converters Oct 25 6.35 common- common Jan 24% 38% 45 17% .20 Celanese .* *400 Jan 18% 25 % -25 Foundry 9% July Jan 34 -25 & 46% Jan 72 Dec 27% Dec 14 330 * com High 138 47 * Class A Canadian * common Dredging— Apx Ltd Low 26 45 July July *740 —... Safeway Canadian aR Br«.Ckc ^1IIs Ltd Class A Canada Nov 104 BrSf?c Columbia Power ciass Iron Canners 25'/a Range for Year 1950 High 25% _ common Jan 25% 3i% Bronze 22% 102 inn Canadian Shares 47 * Breweries Canadian oo in Canadian Nov 1,450 10? common -50 45% qo Preferred Canada cot Steamship Low • preferred Jan n« American Gold 7 High 5% 21 % 25% 25% * British Columbia Elec Co 4%% pfd_100 British Columbia Forest Products » Bulolo 20,067 —1003/t Can 4% pfd 25 Bralorne Mines Ltd , Brazilian Traction Light & Power British American Bank Note Co Building in Low " ------10° a in*7 ' Canada Range for Year 1950 30^ Amalgamated Electric Corp Anglo Canadian Tel Co 4%% pfd Argus Corp Ltd common British 102 * Shares for Week Par 4 for Week ' Sales Range of Prices Friday High 45 8Ugar C"5" A 0% Sales Week's Last Sale Price STOCKS Canadian Funds 100 100 100 2,150 5.80 July 9.75 Mar Dominion Dairies common 57o 34% 12 % 102 Oct Jan July * 7 Dominion Foundries & Steel Rights _ __ Glass 8 336 7 Nov 21 21 12 19 Apr 20% Jun 45 45 165 27 Feb 41% Dec a2.75 a2.75 197 1.95 Dec I 7 com __ _ . Preferred Dominion 7 21 preferred 99 common • ~ 99 100 35 64 66V2 395 8 . July 1.45i Dec 99% Dec 102 Sep 44% Mar 65 Oct ' Number 4979 Volume 173 8T (413) Commercial and Financial The Chronicle ... r LISTED MARKETS CANADIAN RANGE FOR WEEK ENDED JANUARY Week's Friday Last STOCKS ■' '• Dominion Tar Dominion 7% 32% 15,326 14 14 335 10 34% '<34% 35% 325 23 21 21 350 20% 15% 12,763 • common preferred 14% 15 100 1 Nov Sep May 10 39 23 May 13 Oct • 17 Co of 1 July V;-: Canada 2 172 Apr 3,490 15 Jan 33% Oct 32 505 15 Jan 30'% Nov Bathurst Pow 21% 1,405 15% Jan 20 Nov 14 14 % 985 12% Dec Belding-Corticelli 7% preferred 0 Belg Glove & Hos Co of Cda Ltd com.* •17 : 13% July 3,620 • 38% 35 39% "2,075 27 • 46 '% 44% 48 14,415 24'% preferred 100 „_ 101% 101% 101% 80 98 Jan % / ; 17% ; , Nov 39% July 40 Steels Auto Fabrics Oct Power preferred 5'%% 102% Aug Class B Bakeries General Steel Ltd Wares Lime Hamilton Howard $2.00 15% July 3,642 19 ya Apr 110 Nov Burnett Sep 111 Apr Butterfly Hosiery 2.45 2,45 300 2.10 Oct 18i% 19 Paper preferred Industrial Corp (John) Inglis International 6% International Nickel of 7% 21% Mar 30 Dredge 12 14% Jan 25 25 25 735 25 7 7 7 225 28'% ; < Oct Nov 26% 7'% 29% 1,681 28 Dec 41 Jun 20 85% Dec 88 35 98 Sep 101 32 330 31% July 41 75 11% July 14 a8 a8 170 41/4 21 21 21 315 15% Canada » 41'% 41% 42 'A 8,463 138 138 69 6 6 preferred 100 7% preferred 5 6 ll'A 23 'i. 39% 135% 150 International Paper International Petroleum Power International Jamaica 58'% 55% 60'A 13% 14% 3,775 93'% 91 93'% 280 5 24% 23'% 24% 2,015 __* all * 20 Ltd— Co Corp Service Ltd com Labatt Limited John Lake of 7% the Woods preferred Secorci Laurentide Acceptance Class Lewis _<■ Candy Shops Ltd 19 10 Aug 12'% Oct 20 395 22'% Jun 15 150'% Nov 16'% 16'% a 14'% 157 13 75 Standard Class Oct 19'% 17 Jan class A Sec 220 Mfg Mailman Corp Massey-Harris Ltd Apr 11'% 19% 1,725 9% Jan 17 19 18% 20 2,785 7% Jan 17 Dec al6 al6 Aug 17 Jan Mitchell Molson Breweries Class Ltd class 23'% 41% 29% 460 28% 28% 28% 1,530 28 28 17% 17% 18 51 51 77 47% ♦ Mills common Telegraph 7% Breweries common 22V4 • preferred 25 National Steel Car Corp • Niagara Wire Weaving * 29 % Oct 253/4 Mar 25 375 Ogllvie Mills Flour Ontario 15% Nov 22% 87 50% Jan 51 80 285 37%» Jan 90 17 100% Sep 103 Jan 22% 4,331 37 100 29% 3,035 Apr Nov 37 Jan 36% July 43 Feb 19 30% Nov 19 July 30 31 205 22 Jan 29 Nov 78 76 78'% 5,886 63 July 74% Oct 23% 23% 24 2,950 19% Mar 22% Oct * Penmans 6% Ltd 74 70 75 450 38% Jan 70 Nov 53 54% 785 44 July 53 Nov 61% 61% 62 175 501/2 July 57 Jan • • common preferred Powell River Power 5 20% 21 1 21 149% Feb 12% July 18'% Oct 42% Jan 643A Oct 144 3,125 2,590 a July 64% 65% • 23 22% 241% 5,338 15% Jan 22 Jun 28% 31 22,656 25 Nov 291/4 NOV • Co Corp of Canada Price Bros & Co 143 al48 100 Placer Development 65'% • 30 100 100 99% 100 55 99 Jun 101'/a Dec Provincial Transport • 16 14% 16% 9,035 12 Mar 16% Jun Quebec Power • 20% 20% 20% 540 16 Jan 20% Jun Rolland Paper al3 al3 50 6 Jan 141% Nov Feb 15 ya 4% Ltd new preferred com w i : * common Royalite Oil Co Ltd Saguenay Pawer 4%& 1st 2nd St 6t pfd Paper Series Mills Mfg Motor Jan 20 Dec 125 20 125 140 Nov 142 Jan 99 103 103 104 272 84'% Jan 104 Oct 59% 59% 591% 163 50'% Jan • 35'% 35 37'/4 8,107 46 46 47 926 51% 52 125 20 20 166 & Power com preferred.. 125 20 20 20 A Breweries Votine Simon < 22 46% 51 59 % Oct 32 Oct Dec 48% July Jan 53 % May July 21 9% Mar & 25'% 133 19 July 142 20 140 May 18% 90 2,060 19 Dec 19^2 19 19'% 120 18 — * Sons 25 142 •>0 25 J* _* common ctfs trust (Hi ( IZIlOO preferred 7% Sicks* - Canada of Co Lakes Great Press Canada ' ' Hubbard Sep ~_26 Dec 152 Jan 22% Jun July 22 Apr Nov 19 Feb Stores Tooke Brothers Tobacco 7r/c Tuckett Steel United pfd_. , • * $ of Canada Moore Ontario & Minnesota Corp Walker Gooderham Weston (Geo.) Wilsils & » Worts 363A Nov Ltd Paul Service Stores Power Corp of Industries Corp ♦ 5% preferred Ltd Zleliers 6% _ __ . 36'% 3,000 20'% Mar 26 26 30'% Dec 485 9 159 350 9'% 8,084 a23% a245A 475 56% 4,730 54'% 14 1,702 7'A 7 31 31 25 al7 al3 300 38% 40'% 6,445 a98% a98% 10 13% 13% 14 ""25 28 28% 23 _ preferred '9: Feb 27 Dec 5 Mar 6 Nov 158 Dec 175 Feb 6'% Jan 9% Oct Dec July 21 36'% Jan 58 233A Aug 32 Nov 15'% July 19 Jan 13 • Oct 2,500 50 30 99% 13 27% July 42% Apr Nov 101 Feb Apr 17 Apr Sep 29'% Jan Banks— Canadienne Nova Scotia Royal T_, nr._ „„,LLJ 761 20 Jan 21 Aug 27% 350 24'% Jan 28 Nov 30 30 30 100 26 Aug 29% Nov 10 31'% 31'% 30% 2,775 27 Jan 31 Oct 44 46 377 39 Jan 46% Nov 10 . 30 29% 30'.% 2,088 27 Jun 30% Oct _10 43 43 43 20 39 Mar 43% Nov 10 _ _ _..., _— Toronto 21 27% .10 •4" Montreal 20% 27'% _10 _ i Dominion 21 10 _ — Commerce .i..... M •» at- 4- For footnotes see page _ 41. Sep 19 34 18'% _ 10'A 35% 19'% 10'A 33 34 50 30 470; 50 Jan 77 Oct 37 July 43 May 55'% Aug 75 Dec July 10'% Jan 16'% Jan 29% Dec 3% Jun 7% 35 City — 3,75 375 10 jq 13'% 9 11% 10 13'% 29 28% 29'% 2,090 a6% a7'/8 2,185 a60 a61 20 20 150 United Corporations 20 — V > 32 34'% — —— * 0 —-10 Co 5 0 0 0 10 * 100 0 0 6% 0 * : 0 0 class A Jun / ' Ltd • — — — 19'A 16 al4'% * a9 al7 a9 al7 4.20 16 Oct Jan 20 Nov Dec 37% May Jan 15% 9'A 1 95c Nov Nov 32 Dec 28 Jan 36'% May 4 Jal*^' 10'% Aug 17 "• Feb 7% 50 <14 4,700 150 13 Feb 10 a47'A a47'A 19'A 20 16 16 1.75 25" Jan 5 100 . Aug 14% May 25 ■■V 58 Jan Mar 15c Oct 1.75 Aug July 24% ■ 685 ■;:£ 68 31 3,555 4.35 16 - Oct Jan 15% 825 50 7 38 50 32 * 0 United Securities Ltd 100 Westeel Products Ltd ,———* Western Canada Breweries-— 5 Wilson Ltd (J C) * Windsor Hotel Ltd 0 Woods Manufacturing Co Ltd 0 25 Aug Aug 4.25 Jan 3.50 Apr 15 * Aug 45 ' Nov 17'% Oct 11 Jan 105 17'% Oct Y"Y 18 Sep al4'% al4'% 350 14 Dec 16% Jan 90 Nov 51 52% 1,250 35'% Jan 51 — 14'% 17% 17'% 13'% 17% 17'% 14'% 1,640 8'% Jun 13'% 550 16'% Jun 19 17% ; 350 17'A Oct 18% 10'% 10 10'% v Feb 11'% Mar — — 28 5 18 - 5 10% 10 800 1.00 28'% 27 28 11'% al4 — 16 20 17% Jan 9 150 ll'A 2,500 , Jun 15 Nov Jan 19'% July 16 % 18% 12 Oct 25% Nov Dec 9% Aug 370 70 Jan 24 325 Y 1.05 26'% Aug 85c 1,065 10% al3% 18% Sep Jan 4 5,565 28 ll'A al4 19% Jan 5'/a 17'% July ' 218 90c 27'% Dec 'Nov 108'% Mar 113 Jun Dec May 113'% all 114 all Jan 12'% — 23% 23'A 23% 525 18 Jan 23'% Dec 17 17 100 11 May 16 Dec 118 119 13'A 35c 135 113 Jan 120 July — — — 13'A 13'A 30c 27c — al8'A — — 39 __ — —. __ — 25 — 12'A 38'% 38'% 17 7A Apr Jan 57c Nov 10 Feb 13% May 13'% July 200 12'A Apr 20c 230 74,600 13'% Aug y 40 20 Oct 36 Feb 37 Nov 28'% 70 al8'A al8% 42 42 39 39 24'% 24'% " 35 40 177% 177A al6 al6 alO alO 25 25 27 30 9'% 20 Sep 30 Jan 225 '60 26 Jan 36, 100 } 23 Sep 26 Nov Jan 43 Aug 16'A Aug 20 Oct 14 17% 12'% 185 480 45 10 . 9: Jan July , Oct Jan 11% Mar 28 14 Jan 22 Mar 350 24 Oct 30 Jan Stocks— Metals Corp • Ltd 1 1 Ltd Aumaque Gold Mines Ltd ^ Base Metals Mining Corpn Ltd Belle — 34'% B Mining a7 5,715 * Ltd class A Dec 34'% 1,225 , 5,045 Rapid Transit Co United Amusem't Corp Class 1,360 70c 16"% 32% 34'% Union Gas of Canada Ltd Dec 10 ' 80 41'% 15c 16% A 17'% Jan 7'% 100 78 pfd—100 Standard Paving & Materials Ltd 0 Transvision-Television (Can) Ltd * Twin , Jan 10% July 5,265 40 40 .> * Power Ascot * common Nov 65c 16% , Canada Anacon Lead Mines 35 '. 34 52'A 1st pfd Co Ltd Sangamo Southern Dec Apr 39% Jan 53'% Ltd Nov Dec 100 Nov 177A • class A Tel Russell 123% * Winnipeg Electric common 30'% 13,240 Ltd Can 6% Quebec 27'% 19 4,495 95 __al8 17 Jan 12'% 1.95 55 Ltd Mills Jan 260 ' 19 30 « Jan 24'% 6 * * Paper Royal Rice 7'% July 4,507 27'% 12% Feb • 15 10 32'% Royal Metal Co Ltd Apr Mar com .314 a32 12 Co Mount 22% 90 V 95c a20 a32 28,003 0 Mount Dec 19 Dec 101 20 56% 75c a20 — 1.65 Newfoundland Light & Power July 31 9% Jun 1.00 75c 32'% common Mar 5,550 a23% Dec 6.00 Nov a20 0 —100 com • Ltd 98 159 ■> Jan 4.80 July Mar 45c Jan Jan * 40 V 3.50 July ; 12 Light & Pow Co Ltd pfd Mexican Mica 27 a97 ..",100 Corp Cotton Wabasso 2.00 1,425 Milling Co Ltd * Maritime Teleg & Tel Co common__10 7% preferred 10 Melchers Distilleries Limited 6% pfd.10 25 35% 7'A 3.00 80c Sep 3,800 Maple Leaf 70 a95 26 a 25 55 1-75 Chibougam Mines • 1 1 Ltd Bellekeno Mines • Ltd Thrift ;,y » Jan 30c 1,800 ; Dec > 7% Nov .1.50 Aug 7'% _1 (Walter M) Lowney Co Ltd 100 36% 5 10 30 —* Ltd of Canada Kelvinator 10 34 3A _ common Prpf^rr —. 35 • of Canada Co 100. ! preferred 5% 8'% 200 ;y,' 25 Jan 5'% A preferred—0 Ltd Co Felt 100 12 12 Jan 9'% 10 a2.00 a2.25 80c 90c a35 a35 Dec 7 Hydro-Electric Securities Corp * Inter-City Baking Co Ltd.. 100 Int Metal Industries Ltd class A * Investment Foundation Ltd common—0 37% 27'% * common 14'% 100 _20 class A Ltd Co Paper 10 19 19 * Power. Chemical Standaid Nov Oct 0 Hayes Steel Products Ltd Horner Ltd (Frank W) class 10 99 • Co South am Southern Steel „~100 Aug 11 * preferred 99 a _ preferred 4'%% 117 Jan • 37% 10 common Simpsons class A Jan 3.65 3'% . 395 • Power 7% pfd Ltd preferred— United Distillers of Canada Bherwin Williams of Canada com 113 Feb 12'% Aug 185 . Apr 1.50 .. / 5.50 5'A a Worsteds Ltd red 6% Nov 14 60 20 pfd—_100 1st preferred preferred class Nov 66 50 7% Mills Water 4'% % B Sheraton Jan 33 Jan 1,045 70 20 preferred 4% 104 Jan 1 Flour A Jun 12% 27 50 3,515 1,910 70 Apr 102'% 103 35% 1 Lawrence Series 35% 49 Lawrence 8hawlmgan 8.80 2,827 103 • preferred preferred 2nd 13% 29% 100 common St Lawrence Corp 123% 12% • Nov 5 115 16 16 —a Steel & MacLaren Power & Paper Tubes Page-Hersey 78 Jan'' 7'% Foreign Power Sec Corp Ltd com Jun 101 Kootenay Ford Mar • common Products Steel Jan 0 Paper Co Ltd Steel Products Ltd Fleet Feb 29 July 1,155 i • Ltd Mines Noranda 29 57 2.75 4,075 1,827 5'% • Fanny Farmer Candy Shops Inc Federal Grain Co class A » National 10 — Co Corp Square Strutural Esmond Oct 28% 80 100 44,230 81 115 16 — Ltd Linoleum & Woollens Eastern Oct 21 40 Tramways 7% 80 50 Works Engineering Oilcloth East Dec 29 37 • preferred Morgan 44'% 191/s Jan 101 Locomotive Montreal Jan 12'A July 213/4 9,919 28% 21 11.121 22 29% • A B Montreal Montreal 471/2 22% • Oil (Robti 15 225 * • McColl-Frontenac 63/8 60 May .5.25- Jan a Textile Dominion Dec al6 32% 7% v * (R L) Dominion Jan 19% 0 common Oct Co——a • Corp Ltd Paper Ltd Dominion 9 19% B Dec 70'% 80 » * Dominion 245 9% • A 36 % 54 Jan • David & Frere Limitee class A Jan Sep ♦ class Export Feb July — Donnacona MacMillan 21'% 220 a2.00 common Lithograph Consolidated Dominion a5% 9'% * 4,055 70 4.10 4.30 40 5 Ltd Alcohols Div Crain Apr 13'% 105 15 a a51/4 a5% ; 37 70 4.00 3.25 31 —49 Consolidated Apr Ltd— Ltd Nov 33'% 12 Jan 35% U 21% _* class A Adv Preferred Jan 28'% Jan « Consolidated Jun 18% Dec 17'% Ltd_* preferred Consol Oct 100 3.00 1,055 common—*1 Products Ltd Gen Preferred Dec 25 July 200 32 • Co Class B Aug 143% a55 4.00 22'% 4.00 4.30 1 7% preferred ,_100 Ltd —! 0 Claude Neon ' 150'% 154 "2 3 B Bros 64 96 Jan Jan 210 34% 154'% Lang & Sons Ltd (John A) Laura Jan 8% 20 19 34% 100 ■. 37'% 46 Co Chatco Steel May all all'% * common. Limited Knitting Commercial 5,716 14 ♦ Utilities Public 7.50 common 21'% July a46 4.00 22 * Lumber Western Cassidy's Celtic 8% International 200 Nov — Ltd com_° Paper Inv Canadian Westinghouse Company Dec Nov & preferred 5% Canadian Oct 29% Mar Pwr Canadian Oct Apr Nov 29'% — 1,600 com Feb 14'% 34 May a8 Dec 0 Jun 15 alO 39'% 117A • Feb 15 Oct alO 35'% 25 * Ingersol Rand Co Ltd Canadian Marconi Company Jun a98% a98'% 32 Canadian Jan a85% a85% Jan a55 Ltd Investments Nov 10 28 — * General Nov 40 July, 34'A Mar .» Canadian Industries common Jan 6% July Dock Co & 54 48' 135 100 43'A — Products Ltd common.; 22% May July 200 50 | 0 _5 Ltd Co 20 Oct 5.00 14'A Mar 8'A Aug 1,515 Oct 43'% 29 * Ltd Vinegars Ltd Canadian Oct 3,395 * preferred • _° 22,232 common Dec Jan Ltd 25 Bronze 133'% 1.50 755 Canadian Fairbanks-Morse Co Ltd 13 31'% Jan 1,815 10 22 3% 51'A Candn Food 31 15 92% 5.50 9'A 22'% Sep 28% 32 1,972 5.00 9'% 22% Jun 12% ° 131 134% 5'/4 50'% 31 32 134'% 1 Ltd Co ,'57% 13 Ltd Dec Dec * 5 25 28% 10% Jan 3,785 a98% Jan 48 145 61% V 3'A 34% 49% 60 * 100 100 440,777 41% Mar 49% 61% com 12 2,107 49% • July £i Acceptance ll'A * * • preferred preferred $1.60 preferred Sep ll7/a Nov 50 $5.00 10 72 80 $4.25 Jan Canada 71 _____ 6 Canada & Dominion Sugar Canadian 6r/r 170 Apr 75 Imperial Oil Ltd Imperial Tobacco of Canada 4% preferred 12 14% 161/4 ~ II1/4 10% 15% common 111/4 8,475 16% Bay Mining & Smelting 14% Starch 2,355 • preferred 10 Jan Canada 24 Bridge Feb Oct 23% Jun 8 -11 23 ya 23% Jan 2.00 Apr 9 16% July * & Alabastine 1.75 100 Packers Ltd class A Apr 25 100 15 Ltd Feb 20 July Jan 9 'A Mar 7'A July a9 Canada 103 ,.y.' 2.00 165 15 Canada Malting Co 17 22 2.00 Dec Jan 165 a9 Oct 1,185 » 105 105% 15 17 15 Nov 19 105 Nov 4,435 « 105% * 100 24'/4 Jan 6'% 1 — July 108% common Dec 4.75 * Preferred 5 10 3.00 Jan 7'% 200 19 Mar 13 15% 6,210 5.50 165'% 165'% 8'% 8% 8% 0 common 105 107% « 15'% 23'% High . July 3.75 Mar 15 5.50 __ 6 100 Company 107% 1071% 101 * 42,885 0 — ; 107% ■- Smith Hudson 18% Low 11 • Ltd — 101% — preferred Gypsum 18% 18% __ __ Packers Ltd cl A 100 — 15'% cl B—• Co Ltd Paper 100 ___ preferred General 5% • common & British Columbia Brown 5% • Products Co class B Bickle Segrave Ltd Brandram-Henderson Nov 10% _♦ Ltd Atlas 18% May Jan common— Gatlneau * * Acme Glove Works Ltd— 176% May Range for Year 1950 Shares High Low Par - , 32% i for Week of Prices Sale Price 30 T. Sales Range Dec Dec Week's Last STOCKS 16% 14% Corp Players Canadian Corp 4%% 13% Friday Nov 20>/4 Electrolux Co ••, 29 •:r 172 I A. 21% Foundation j Canadian Funds High 16% July 29 .31%: • Eddy Paper Co class A preferred—._20 Fraspr 4 172 Paper Famous Low 30% 23 '% Donohue Bros Ltd Dryden High 31% common—* preferred Textile Range for Year 1950 Shares 14 Chemical & Redeemable 25 Ltd Stores Dominion Low Montreal Curb Market for Week . of Prices Par Dominion Steel & Coal class B Sales Range Sale Price 1» 1 1 Bouscadillac Gold Mines Ltd 1 Bouzan Gold Mines Ltd 1 Cartier-Malartic Gold Mines Ltd—.—1 Centremaque Gold Mines Ltd 1 Century Mining Corp Ltd 1 Cochenour Willans Gold Mines Ltd-—1 Coin Lake Gold Mines 1 Consolidated Candego Mines 1 Consolidated Central Cadillac Mines—1 Cons Rochette Mines Ltd 1 Cortez Exploration Ltd 1 Dome Mines Ltd • Donalda Mines Ltd—— 1 East Malartic Mines Limited——_1 East Sullivan Mines Ltd 1 Elder Mines Ltd— 1 Eldona Gold Mines Ltd 1 El Sol Gold Mines Ltd 1 Falconbridge Nickel Mines Ltd——0 Fontana Mines (1945) Ltd— .—1 Bob's Lake Gold Bonville Gold Mines Ltd. Mines Ltd — — — —— 5.00 Jun 34c 54c 56'%c — — 4c He 6'%c 15c — — — 60c 8c 13'%c 5'%c 19% — -- 9.20 — 25c 6c — .2.68 2.84 Jan 2.30 43,105 9,500 43c 2.17 50c Mar 31c 34c 4,500 13c Jan 63c 53c 55c 19,200 20c Mar 62c 40c 2.69 2.27 42c 6,700 2,500 36c Sep 1,000 3c Oct 7c Jan 5,000 2c Jan 28c May 5,500 3c Aug 6'%cMay 5c May 56c56'%c 3'%c 3'%c 7c 7c 3c 4c 10cll%c 6c 6%c 13c 15 %c 6c 6'%c 1-85 1.85 15c 15c 60c 64c 8c 8c 13'%c 13'%c 5'%c 5'%c 17% 19% 56c 63'Ac 1.16 1.16 8.25 9.50 57c 57c 25c25'%c 6c 6c 10'Ac 10'Ac 6c 6c 61,500 2.65 Jun 92c 14c Mar Sep Jun Jan 8,600 2'%c Jan 7'%c Jun 33,000 5%c Feb 23c Jun 3c Feb 17.0 6,000 100 2.05 500 15c 54,175 27c Jun Feb 2.20 Jan Jun 15c Jun Oct 62c Deo 12,000 4c Feb 10c Jun 500 10c Dec 33c Jun 5,500 3c July 8c •> 2,955 25,400 300 31,675 13'A July 20% 40c 70c 1.17 Dec 4.45 Feb 500 35c 5,500 22c 500 5c 225 4.25 1,000 July 2c 2.52 8.75 Jan Jan May Apr Oct July 7lc May Sep 47c May 10c Jan Sep Feb Nov 8.25 Nov 7'%c Jun 3S The Commercial and Financial Chronicle *(414) Friday 8TOCKS Week's Par Goldbeam Mines Ltd Hudson-Rand Gold Mines Mines High Low 6Vic Jun Barymin (Jo Ltd • 2.55 Mar 6.60 Nov Base • 56c _5 13% 11% 14 8,148 8.50 llVi Sep _• 44 44 44 430 24% Jan 42 % Dec 12c 15c 6,762 Feb 21c Sep * 23 19 24 750 6% Feb 17 Dec 7Vic Ltd—, 1 1 2c July 10c 3%c 3 Vic 2,000 2c Jan 33c 38c 65,750 28c 82c 88c 9,500 37c July July 1 20 Vic 1 19% 18% 19% 770 Labrador Mining & Explor Co Ltd 1 Ladulama Gold Mines Ltd— * Lake Rowan (1945) Mines Ltd——1 8.00 7.00 8.35 11,125 49c 48c 53c 7,000 7c 7c 8c Mclntyre-Porcupine Mines 7c 47,583 4c Jan 8c Dec 42c Nov Bonetal 3c Dec 7 Vic May Bonville Aug 62c Dec 12c July July 30c Mar 1,970 58% 63% 60c 57c 63c • • Ltd 18% Calumet Mines New New Goldvue New Pacific Ltd Mines 5 15c 10,200 Gold 1 50c 50c Gold 1 Bralorne Mines Oct Brantford Cordage class A Brantford Roofing class July 66% Jan 41c Dec Class B Oct Dec 83c Brewis Traction 19 2,750 10% July 47c 8,710 32c Dec 58c Dec British American 45c 500 25c Dec 85c Mar British Columbia Elec 4% 18 Vi Red Lake 1.35 100 3.15 2.90 3.20 32,800 95c Mar 3.00 Nov British 42c 41c 43c 29,500 20c Nov 99c Jun July July 50c May 4%% 1 35c 30c 35c 13,700 19c 1.40 1.38 1.50 28,500 45 Vic 21c 24c 32,300 16c 4.65 4.85 3,600 1.46 1.60 100 1 * •Normetal Mining Corp Ltd ' 4.75 Ltd. 1 2.00 1.22 . Cons Gold /Pershcourt Dredging Gold Ltd 3.00 2.75 3.00 200 l 68c 66c 90c 264,200 29c Dec 35c 37c 43 %c Ltd [ I Labrador Quebec 43 %c 1 Mines 1 2.60 18Vic Columbia Power class Gold Mines Gladen-Malartic 'Gurf Inlet Cons Gold Vilbona Gold Mines ,Western Ashley Minerals Westville Oil Mines Mar 16c 12,860 25% Jan 32% Jun 65 83 Aug 91 Vi Jun 99% 240 99 July 7% Feb Central Leduc Mills 2,690 4.75 3,225 V 2.70 42Vic Dec 70c Sep 49c Aug July. 73c Sep 19Vi Feb _* Gaspe Oils Oil / Co New Pacalta 15 Vic Mar 28c May Building Products • 33 % 33% 1,700 1 25c 22c 29c 19,300 ♦ 11c 10%c 11c 1,500 —20 Vi 20 20% 885 2.60 1,100 75c May 10,600 16c Nov 35c Sep 10,500 2Vic Jan 19c May 2.85 26 Vi Nov Oct 3c 3,000 2c Sep 7c 15c 28,000 9c Dec 28c July 5c 9,500 3Vic Dec 14c Jan 24c 2,000 20C Nov 42c May 65 Vic Oils Co class A Calder 8.10 9.15 7,775 3.60 3.25 3.65 17c 18c 38,150 10,500 64c 2.32 2nd Linen 80c 14,700 July preferred Calmont Oils Calnorth 15c Dec Oct Canada Class 1.40 May Canada Cement common 1,500 5c Jun 14Vic Jan 1.12 43,100 40c July 1.24 Nov Canada Foils 13 Vic 14c 3,100 Dec Canada 11c 13c 15,000 2c Feb May Canada Foundry Machinery 3c 2 Vic 3 Vic 6,500 2c Feb 6c Jun Canada 12 1,000 8 Feb 11% Oct Canada Northern 54c Jun Canada Packers 72c Jun ~I~i 40c 30c 41c 32,500 l 3c 3c 4 Vic 25,550 4c 4 Vic 4,000 : 29 Vic 24Vic May 13c Mar < 3%c Mar 9Vic Jun 1i/f * ■ ' • 5.50 5.45 5.75 8,900 * 10% 9.60 10% 2,725 2.35 2.40 1,400 33c 1,000 30c July 45c Jun 25c 25c 2,000 13c Apr 25c Nov 1.50 6.45 1.17 Feb 6.35 Feb 1.50 1.57 1,900 1.22 50 5.00 Dec 15% 15% Oct 1.88 • Feb 6.00 Sep 90c 7,335 10% 2,000 20c Nov 38c Sep 11c ll%c ll%c 15% 20c 21 %c • 7,500 8c Mar lie 2.35 2.35 Ltd "1 8 35 8.10 8.50 "« 4,300 iic 41c 45c 22,500 18c Jan 90c 90c 500 1.65 Mar 4.20 Mar 16% 2.21 8.25 59c Sep Jan ; Oct 1.00 3,650 80c Dec 1.05 85c 88c 3,000 41c Feb 1.16 May 25c 1,000 Feb 41 Vi 17 Feb 33 7 Jun 6%c 6%c 8c 3,500 15% 15% 15% 25 16% 16% 9.60 10% 5c 11 Vic 162,900 4c 39c July 8c May 19c Dec 28c 10% 9c 5Vic 8% Oct Apr 12% July 15 Nov 100 16 Vi Aug 17 26,140 6.50 July July 8.90 9c 88c 87c 92c 13,885 25c 24Vic 27c 11,500 4.20 4.00 4.50 9,100 3.40 Dec 6.10 2.84 2.58 2.90 8,620 1.75 Dec 3.25 3.50 3.50 150 2.25 July 51 55 195 55 Dec 16C Oct 1.45 36c Sep Sep Jun Jan 3.00 Aug Aug 35 Feb Jun May 43 55 Dec common 59 57 59% 993 34 Jan 29% 29% 29% 215 29 May 30 Sep 12% 12% 265 11 Nov 13 May 20% 21% 19% Dec 35 Nov 10 common 21% 6% class __ * A __ 7 100 50 51% 580 47 Jan 11% " ♦ Power—, 5,105; 11% 700 7 July 5% Mar 7% 54 Dec Nov Dec 12% Jan 43% 43 43 Vi 895 33% Mar 43 Nov • 33 % 33 % 35 % 570 19 33% Nov Canada Permanent Mortgage 20 S S Lines common..........' 51 % 50% 51% 223 45 July 50 Nov 26 Vi 25% 26% 220 47 45% 47 8,535 132 132 20 Class B "//, Preferred 50 Canada Wire & Cable class A____ * Class B __ « Canadian Bakeries Canadian Bank Canadian Commerce.— Canners Car 65 535 Jan 25 Sep Jan 45 Nov 80 Jan 114 Dec 30% 65 Jan 111 6 July 12 Oct 3,505 25 Jan 29 Nov 16% Dec 23 Vi Aug 26 18 Vi 17% 19% 8,661 * 26% 26% 27% 7,515 15 14 15 485 17% 10 15 Vi July 17% 17% 1,240 14 Apr 17% Oct 58 57 59 2,010 29 Feb 51% Nov 37% 37% 38% 375 37 Dec 40 Jun * Dredge 35 Vi 31% 39% 4,095 22 Aug 29 Vi Oct 4.00 4.00 850 6.50 Dec 7% 8 705 6 Nov 12Vi May 60 185 55 Va Nov 75 Vi May • common 16% — • __ 3.00 July ' Preferred class 100 Aug shares for class "A" being A shares. for each 60 59% " Securities General C Oct 25 common Class A Canadian Feb Nov 120 - Celanese Canadian Food Products Nov Dec 9% 27% . _* common— Preferred Canadian 9 14 33 Vi 27% — * common Class A Canadian 64 Jan 27% 10 Breweries Canadian 65 * of Canadian Jun 25c 85c — 26 625 • May Feb Ltd Phillips Oil Co Ltd " 1 Superior Oils Ltd ZZZZZZZZZ" Western Homestead Oils Ltd— 10c Preferred Jun 3.85 Jan a5.35 Jun 8.85 July a5.35 —I* Ltd 3.85 Dec 10 290 8 Canada %•_ -v''! Nov 31 >'•/ Jun 19 * : Malting 11% .. 10 55c 14%c Nov Jan l12% Iron lie Aug 16c 3 Vic Mar 14% May 20 9c 1.05 6.50 36 Aug Aug 42 50 7%c • 29 Oct 11 Vic May 42 * common preferred 9c : Apr 37 Vic Jan 1 Ltd 1 09 1 2.23 July 8c • Campbell Red Lake Petroleums B 1.00 4%c Mar • — Calvan Bread 5,005 19,500 ; 7% 1 Oils 31 * Apr 3.30 May Jun i_» common Jun 8.25 Feb 5c Nov 1.06 May 62c 2.40 Mar Oct 20Vic 30% • 9.15 9 Dec 1 Bousquet Caldwell B * Dec July 6 8c 8 Callinan Flin Flon Jun 15 42 Calgary & Edmonton Mar Jun 31 Jun 31c Jun 5% * Nov 32c 32% Feb * - Nov 55c 27% July * J— class A 1.03 1,500 » Ltd Oils & Classs B Burrard 1.40 3,800 Ltd Petroleums Burns May 3.00 11,000 • Pacific — Apr 70c 1.55 Gold —— Feb 72c 1.44 Yellowknife 1.70 July 45c 1.49 Bulldog Bunker Hill Burlington Steel 57c 68c ♦ Okalta Pan- Western 47,800 Vi** Co 120 15,000 25c 33c Oils 11% 9c 11 Vic __ 10c 1 — I3%c Long Island Petroleums 11% * 1 11,000 45c „ I_Il Ltd 35 6c 70c Ventures Oil 62,500 20 26c 45c ' Ltd 1 General Petroleums of Canada cl A—_1 Home 1.00 20 __ 1.70 23 %c 1 Ltd 4,600 83c %_ 1.50 9%c Dalhousie Oil Co Decalta 49c 94c 5Vic 1 Ltd 46c 1 * A class 24 %c 1.10 Sep 30% 6c 300 Sep Dec 29 25c 3,400 6.00 10 4.10 1.65 28,675 6 30 1 18% July 103 Jan Jan 2.7 0 4.75 • •' Oils 1.390 Jun • But'l'adison Gold 4%c i Anglo-Canadian Oil Co Ltd— Calgary & Edmonton Corporation 53,400 12 Lake 1.00 1 7% 11 Canadian "/•' * Stocks— 99 100Vi 6% Red 2,600 Oct Jun 90 Buffalo 29% 24% 32 Vi Buffalo 1.60 Ltd 3c Dec 88 Buffalo Ankerite 3.70 Ltd— 133,300 lie 5.75 30% Dec 1.00 1 13c ll%c Oct l Wendell Mineral Products Jan Sep 3.35 .VLnray Malartic Mines Ltd.. "Waite Amulet Mines Ltd 19% 93c 27% 15c Mines——50c Ltd 34,891 58c 1.40 I.Il 24% 54c l United Asbestos Corp Ltd Ventures Ltd 22% 24% Dec * Torbrit Silver Mines Ltd Trebor Mines Ltd 30 Dec 1.60 Bteep Rock Iron Mines 'Sullivan Cons Mines Ltd 7 Dec 3.70 l 16 52c 1 I Dec Nov 27c 50c Ltd 15% 15 15c 29% i Ltd Jan 14% Aug 30 Dec 17c 18 Vic 50c (1944) Ltd 10 60 1,000 2.60 _i Mines Gtadacona Mines 13,44j 14 Vi * Bruck 2%c Ltd 8.00 15 Vi 2,500 5 Vic ___i Gherritt-Gordon Mines Ltd Silver Miller Mines 6.60 41,000 4%c — Glscoe Jan 88 A British Empire Oil Broulan Porcupine 4.00 May 25c 35c _• Class B Oct 40c 25c Nov 60c 4%c • „ Nov Jan 7 Vic 22c 23c ,Quebec Smelting & Refining—:—*.—! .Quebec Yellowknife Gold Mines Ltd__l Quemont Mining Corp Ltd /'Red Crest Gold Mines Ltd /Royran Gold Fields Ltd Santiago Mines Ltd Ghawkey Mines Ltd Gheep Creek Gold Mines Ltd--: 2.00 Apr 2c 13,767 60c l Development Co Manitou 27c 35c 1 •Quebec Chibougamau Goldfields Quebec Gold Mining Corp ^Quebec ; 1 L Ltd Porcupine Prime Mines • Fields 64c 21,500 32 Class B >Pato 10,700 8c 13c 100 Apr Oct 55c 14% Packers class B—* 2.32 35c Dec Apr • pfd preferred 5.00 Dec 2.50 Mar Oct Nov 100 common Columbia Forest Products British Oct 16c 7 1 Oil British Columbia Aug Sep 15% Light & Pwr com.* 40c 57 Feb 9 Vic 7.70 * - Brazilian 50 Jan 14 Vi * A 8.50 Dec 7c * Apr 3.50 10c __ * 1.47 „" Oils Ltd- ...— 1 1.35 Nocana Mines Ltd Mines 58 13 %c 1 — Ltd— & 58 14c 1 Formaque Mines Ltd 5a 600 1 — 3.65 2.00 24,100 __ preferred.—50 Bob jo Mines Dec 40c 51 May 45c 40c 1 Ltd—_ New Corp Boymar Mining Corp of Canada Ltd Gold 5c 35c Nechi Cons Dredging Ltd O'Brien 5%c Kirkland Gold Ribbon 24 %c 63% Coal 1 1 Gold Bldgood Blue 5,000 Montauban Mines, Jun 2,000 1 Mines Jan Jun 1.33 July 18,500 5 5.65 76c 5c Ltd 4.85 44c 92c Mining Corp Ltd Dec Feb 26c ; Jun 55c Sep 4c 100 42% Dec 9% 24c 70c 1,400 Sep 48c 795 26c 23c 9,500 Jan 33% 26,900 3,500 92c 90c 14 12,537 57c 64,900 23c 27c Aug 40% 54c 51c 1 2.70 12 39% 37c Jan 87c 11 V* 55c 47c 14 23c Sep 35c 20c 2.70 Nov 50c Dec 87c 63c 1 Jan 1 Mar 1 8 1 157,625 1.00 Aug 20c Bevcourt 5c __1 50c Belleterre Quebec—— Eerens River 2,895 Ltd 11% 40 1 —^ 5,850 Ncv 4,000 1 Malartic Gold Fields Ltd * 25 Mines 87c 53c 57 Vic 6.80 32Vic Jun July 4.00 Mar 30c Bros Telephone 84c 20% Mar 14%c Nov 14 Bell Bellekeno 10% Ltd Island 15,200 Nov class A Power Beatty Jun May 1.21 Mining Class B 9.99 Long Lac Gold Mines Ltd )Negus 21c Bathurst 10% Louvicourt Goldfields Ltd • 19c 60c Metals _1 Ltd Lingside Gold Mines Ltd 'Merrill High Dec 4,700 Ltd Mines Low 24,000 6.25 82c Macdonald Range for Year 1950 High 3 Vic 36c Mines Low 3c 1 Little Pa■ High Shares 6.00 1 Lavalie for Week 6.20 Joliet-Quebec Mines Ltd (Un) Kayrand Mining & Dev Ltd Kerr-Addison Gold Mines Ltd Shore Mines Sales Range of Prices 3%c Jaculet Mines Ltd Lake Week's Last Range for Year 1950 1 Hollinger Cons Gold Mines Ltd Lake Low Friday Sale Price STOCKS Shares 1 Golden Manitou Mines Ltd- Jack for Week of Prices Monday, January 22, 1951 WEEK ENDED JANUARY 1» Sales Range Last Sale Price FOR . . LISTED MARKETS CANADIAN RANGE . 27 Vi 27 Vi Ltd exchanged (Two shares "C" seven shares heldt Toronto Stock Canadian Exchange Canadian Malartic Canadian Canadian Funds 8 % stock* BiOV&a • ! ' Friday: Last Sale Price Week's Range for Week Shares ' " ; , Abi^nn°r!felS/aPer Aetrffn Acadia"ur^ntum Aemi Acme Gas & Oil Coc Par Low c0mm0n Range for Year 1950 High Low Nov 155 99 Dec 104 Sep —100 __ 84 86 80 83 Nov 87 May 25 24% 25% 17,612 Canadian Pacific Railway————25 High Canadian 45 Vi Nov Nov Canadian 27 3'4 26% 28% 4,075 21 July 25 Vi Jun Cariboo 46c 52c 29,200 21c July 1.02 Nov Castle lie 12c 21 000 4%c Jan 8% Jun -------- ASStS0 T°f HCana<la 46c 1 Dc 97? ijf? 1 35 « 12= 18c 140 1740= m 500 70c Jan 3c July 13% Pfd——25 25% 25% 25% *995 1 23c 23c 25c 20,050 r Nepheline u 96c °Wknife -1 Anacon Lead . Petroleums * 1.00 9,400 8c 2.66 2.85 35c 30c 35c Jan 5 30 5'75 29,850 13c 12 %c np 1 27c 22c 27c 1 47c 4ic 47c ___ Ankeno Mines „ : ZZ* Res Feb 25 Dec 15c 43c July July 19Vic Nov 11 Nov 1.75 May 15c 29% 106 27Vi sc 1 igc 2 11 n 5Vic Dec Leduc May Nov Jan 6.00 Jun Mar 6 30 Jun 7C 7100 jgc 20%c 7"c""" Ascot Metals Corp —— Ashdown Hardware class B— 14c 16c 9% 53,500 6% 6Vi 140 1.00 1.08 16,880 9c 11c Chemical Cheskirk Mines Chesterville Chimo Athona Mines (1937) 1.1 Atlantic OU At as Mines Ltd Cobalt Silver Mines— Cochenour Lode Cochrane 10i/4 6,650 7 July Oct Coin Lake 80 80% 60 72 85 Oct Colomac 42c ,58c Jun 11 Vic 25c Jun 1 2.29 __ • __ 2.60 16 lGVi 21c 4.0C0 9c Mar 50c Mar 8^0 Aubelie Auto p? ! Electric • class 1 7 A 3-50 » __ XineS»7;% 1 Bankfield Consolidated 1 Toronto—. Mines For footnotes see page 41. 1.22 ——* 2.00 Jan Sep 1.05 Aug 2.35 16 Vi ADr Noy July Oct 15c 17c 4,500 11c Dec 21c Apr 4c 5c 8,100 3c July 7c May 2.00 2.00 1,200 2.25 Sep 10 Vi 10 11 9,835 6Vi Jan 9% Dec —5 1.65 ——75c —1 12c 1.50 1.80 4,181 1.20 Aug 1.50 Apr 70c ll%c 80c 26,800 55c Dec 1.15 Jun 14c 3,360 7c Aug -* 8 8 8% 275 —2 —— 74c G5c 75c 154,564 ——» 1.15 7 , Feb Dec 40c July 4c 20c 9% Oct Jan 78c Oct May Consolidated Cent Cadillac 1 8c 7c 8c Feb 10c May Jan 13c Mar Consolidated Cordusun Oils 1 1-02 97c 1.04 80,800 62c Nov 88c Dec 66c Mar 1 — 45c 52c 10,467 40c Dec Apr Consolidated Duquesne Consolidated Howey 1 48c 48c 54c 13,420 35c July 7% Mar Consolidated Lebel Oro 9'ic lOVic 11.666 8c May 7 7 25 21 Vic 23 %C 29,700 14c 4uly 3,100 5c July ll%c May Feb .31% ,Nov 1.12 — Jan Oct Mar Jan 14,716 42 1.30 July Oct Jan Jun 12c 3.65 301/2 Nov 24,050 Jan Feb 4%c 3.40 44 1 Mines 30c 42% 311/4 57c —1 Petroleum National Coniagas Mines Jan 453^ July 56,900 15c Consolidated Beattle Mines ^"10 10 of of 10c 86c 1.85 ^1 ; Dec 7c 37,625 76c 1.76 23% '15% 6c 18 Vic 18c 77c 1.85 26 Jan _._i0 °l w°ntroaI77 Nova Scotia Bank Bank Barnat 23c • 9 14% 13% July 7% 10c 1.32 Jan 14 8 645 3,200 Aug 24 Vi Mar Consolidated Bakeries 15^00 July 6 14% 1.78 40c 150 Consolidated Astoria 150.400 ' 66c 15Vic 370 Apr 10c Feb 6,795 Jun 15c Dec 28 3.30 36c Jun 1.37 16% 17%c 280 4c 38c 11 %c < 25% Nov 8i/2C July 15% Jan gy2C 45c 7% May 26 Vi 6c 341/20 Jun 14 Vi Nov 25% 1.28 1 Mines 24c Dec 6% 27 6,200 ,12 Vic Feb 6c 10 Jun ——:——1 _— Oct Jai 27c 15% 19,850 121/4C 13 Vic July 25% i0c 15% 275 3.85 1.08 * 2.70 15 16c 340 „ Feb July * A— Yellowknife Coniaurum 16% 3,365 9 15% 1.00 .25 class — 9C i5i/4 1 Conduits 16c 20,100 2.30 9 . 30,000 113,900 1.80 52c 1 Plow Commonwealth 2.00 — 16% / 35c Dec 1 2.55 1 AtlasYellowknlfe 2.63 Jun Preferred Cockshutt 33c — 0 __1 Willans Dunlop 40c 1 ' Citra-Lartic Jun 93/4 10 common.— :. 40c • Steels Knitting 100 58c 65 Vic — 35c • Bar Class A Jan 27,100 9%c 1 1 Apr 140 950 1.05 1 i _.— Mines Chromium - — -- 50c Gold July 2.32 " 10 Research 12c 2.16 Jun 9% 10c 11 Vic 11%C 2.60 15c Nov 9% July 2,700- 1 —....— z...— 32Vic July July 2.50 31,750 3,000 100 — 2.38 20c 39Vic Jun Feb 18c Nov 8%c May 1.45 19c Dec 68c Dec 1 16c 23 Vic May 90c Central 31J00 _ 8,500 23,300 Circle 3 Vic Mar Jun 1.44 27,425 26c 8,288 iri Oct 14 72c Gold 85c 14% Nov 2.45 common 49c Aug 12% 1.25 — 11% 430 65c Steel Jun 18,035 14 2.25 Preferred 103 Vi 102 18% 70c Porcupine Dec 14 2.35 Centremaque Oct 101 24 Vi 102 • 16c 17Vic * 1 Oil 16 % Mar Dec 15% 1 10% jl common 1.30 Trethewey Central 1 Mines Argus Corp Preferred —1 ___— Gold 1 Area — Chatco 14 Vic May 11 Vi 18% * Oct 44c Oct __ • Oct "¥.80 9.50 preferred.——100 Vickers Wallpaper class B Central Patricia Gold Mines Dec 61,700 5,50 — Apex Consolidated Aquarius Porqupine 96c 71/40 13,200 68,075 " 2.70 ___i Anglo-Huronian Angio Rouyn Mines Utilities ^Canadian 25% 52% Anchor 150 60 Jan _"| ASoil JUarran,s American 50 99 Jan < Apr 155 22% 1 May 1.03 May 99 3'940 • 18% 155 21% • 30 July July — 23,155 r July 15 — 49 Vi 247/8 _—____—_— 22 58c 100 ! on 2,305 100 45 243/8 Akaitcho Yellow Knife 965 33,300 20 preferred 48 241/2 Agnew-Surpass 28 80c 19 — ' common 72c 19% • Cos 5% —20 r—r Oils preferred 4% preferred Sales of Prices Locomotive 2.75 6% July Nov 3.80 38c Oct Consolidated Mining Consolidated Press & class 1 Smelting A.__— *■ 313'8 2-080 27% 38% Jan 46% Oct 42% Conwest Exploration 1,145 38% Jan 44 Oct 1.32 103,300 Corby (H) Distillery class A 85c July 1.88 Apr Consumers Class B — 132 5 Gas — 100 * , , 11%., * * 160 2.60 " 3,900 1.05 May 65c 27c Apr Jun 129 133 3,132 91% Mar 130 Nov 8 8 100 5% July 7 Nov 177 May 160 162 170 160 Va 1.96 2.08 20,700 1.01 11 12 Vi 4,060 12 12 100 8 8% Jan July 2.10 Nov July 13% Oct Jan 13% Oct Number 4979 .Volume 173 The Commercial and Financial Chronicle . . (415) CANADIAN LISTED MARKETS RANGE FOR WEEK Friday Last STOCKS Sale Price Corrugated 21 Jan 29 Apr I.425 14'% Jan 17'% Jun Hotco 13c 3 10c 13c 3.500 8%cJuly 25c Jan Howard 8 8 J/4 295 15c 12c 15c 60,000 10c Dec 25c May Hudson 1 38c 40c 3,000 30c Dec 67c May Hugh-Pam 100 126 126 Aug 127 Vi Nov 1 Mines Pershing Crown Trust __ Patricia Crowshore 1 — Delhi (Temagamij Producers 8 Vi 9 J/4 220 23 Vic 25c 55,200 10c Jan 20c 24c 81,700 22c Dec Coal Steel Coal & Dominion Tar class B Chemical & Preferred com ;• Dominion Textile Dominion common East Crest Oil East Leduc Mines Malartic Mines : preferred (T H) Dec Mar Inglis • 15% 14'% 15'% 686 9'% Jan 15 Aug 1 50c 50c 11,200 58c 37v2c 43c 62,700 29 31 8,390 19% July 14,353 1,19'J July 25% Aug 19 22 13 19'A 17 V4 19 J/2 30 30 31 21% 21 Vi 21 J/2 15 7"; 8 7; a 60 20 20 35 19 14 14 25 ll'/i 31 31 40 31 44 % 45 J. Inspiration Mining 20'% Jan International 31 Vi Dec Preferred Apr International Apr Preferred 7% 14% 15 V4 2.025 102 5 7 J% Julv 100 July 5 Joburke Joliet Dec Jupiter 47 25 48'% 16% July 29 Nov 13% 14 Vi 7,930 10 Sep 22% May 13 Vi Nov 36 30 35 Dec 20% 21 105 20 Dec 23 Jun 14 % 15% 2,100 10 July 13 Oct 11 13% 2,680 55c 64 j/4 c 273,611 ll'i 7% July Jan " 30c 73c July 7% May 11 Apr 10c lie 6,000 12 %c 11 Vic 13c 79,300 19c 20c 3,600 16'/ic Dec 31c Jun 1.50 1.73 74.840 1.15 Dec 2.65 Apr 8.20 9.35 100.227 4.40 Feb 8.75 6 Vi 7V8 5,500 3.50 July 7% 5c Sep 9'%c Jan July 7c Feb 20c Sep 4c May 14%c Nov Oct Oct ' Jan 6.75 4.50 May 58c 30.275 33c 23 %c 26 %c 56.925 21c 53c 12 Vic 14 Vic 6c 7c 74c 10.366 7c July 4,000 5c May 47c July July May 23'ic Mav July 12c preferred preferred Petroleum common — General Products Mfg class A Steel Wares common Preferred Lake Gold Yellowknife Mines Gillies Lake Glenora Gold Oil Gold Mines — Goldcrest Gold Mines Golden Arrow Manitoa — Porcupine Mines Goodfish Mining Goodyear Tire common Preferred class A Bousquet Gordon Mackay Lakes Great Great preferred A Class West Great West Great Paper common West Coal Felt preferred. Saddlery _. Wire Greening Gulf Mines Lead Gunnar — Gwillim Lake Gold Halliwell Gold Hallnor Mines Bridge Hamilton Cotton common Rock Gold Head Hinde & 151/4 8c May 4,762 24 28 Cadillac Lapaska Mines Lavalie May 29 100 July 10 108 Dec 1,025 2.00 Jun 5.75 5.75 300 4.75 Dec • 45 24,575 5.75 7.80 For footnotes see page Red 6.35 Aug Macho MacLeod-Cockshutt Oct MacMillan Export Dec Class 70c Jun 38c 44c 22,100 27c July 43c Apr Manitoba Sugar 20c 22>ic 20,100 15c July 12,000 5c Aug 4Vic Mar 6'iC 8 %c 48.200 4c 4c 3,000 3'ic Mar 2c 95 96 355 83 5212 52% 52 J/2 810 51 Vi 8% 8 Vi 8'i 80 3c . McColl-Frontenac 102 Nov Dec 54 Sep 10'% Feb McDougall common Preferred 35c Jun 32 Vi Dec Mclntyre Porcupine McKenzie Red Lake Jan 49 Dec McLellan 24 100 19'% Aug 26 Feb McMarmac Red Lake 5% July 9% Jun 6 Jan McWatters Gold 13 Aug 4'% Jan 4.90 Nov Dec 13% Aug 57a 50 49 5 200 13% 30 10c 13 Midland Sep 43c Feb Jan 20c May Milton 12c Dec 24c May Mindamar 4c 4c 5.000 3c Sep 7Vic May 12'% 13 Vi Dec Modern Containers common 150 3Vic Oct 9'ic l'ic Dec 4'%c May 15 16% 10.817 21 21 % 205 101 10 29c 35c 117,720 10% 825 10'4c 15c 272.950 101 23,600 Corp Oils Oct 13 Vi 1,800 3.25 Nov 10'% July 13% Feb 4.40 Dec Jan ,15% Apr 16 63'ic Jun 31c 37c 25c July 75c 84c 75,300 44c Nov 15Vic16'ic 77,700 3'ic Sep Porcupine Montauban Jan Corp 100 5c i2c 2514 14 %c May National 47c Jan Drug 65c Dec 17Vic Nov Preferred 1334 15% 5,500 6c Sep 15c Jun 5,200 22c July Sep 55c Nov National Hosiery 5c 15C Oct National Petroleum 1.00 5,800 58c Mar 94c Oct National Sewer Pipe 4c July 6c 13,500 5,500 575 11% 13% 5,594 15 16 13,004 Jan Dec Negus Mines New Alger —i., July llVi Jan 16% Sen New class A New Bidlamaque 12'% July class B National Steel Car Oct 25 6 Vic Mar 16% Jan 8.50 10c 15c 32% 32'% 1,235 1,035 Nov ■'7 Vic Oct 3c Sep 2'/4c Sep 7c 13% Nov 17 Dec 24c 18 Feb 42c Jan Nov 22% Dec Oct 18% Nov 74c Jan 1.30 Jun 98c Nov 3 Vic Feb >■', 10 /Apr - 4%c 31c 1.34 Feb ! 12c *'• 30 30 Apr 62c Mar 6c Jun 10c Feb July July Feb 34% May 33% Oct Nov 23c Sep 05 135 19c 22c 3,000 20c Nov 26c Dec — , . 28,999 23c 21c 27c 23,000 12c 31c Mar 14 14c 14 90 July Sep 17c 18,600 2.23 2.40 70c 95c ll%c 13%d 7c 8C 1.21 1.33 2.50 2.79 27,030 29,100 ,83,200 38,500 166.550 142,232 2.35 18% 18% 2.66 British 18% 19% 3.00 ; . 7.00 Mar Nov 9'% 7% July, 15 12c 16 % 43c Nov Sep Jun May 19% 2.75 25c 86,055 13,200 __ " 14'% 2%c 104 140 1,535 6,925 14c 17c 10c 12 %c 42'% 47'% 22 97'% 51c 11 11 23% 99 65,500 59 475 9,575 130 23c 58'% 23c 63 500 4,91b 47c 4Vic lie 8c 54c 7%c 12c 9c 20,650 21,000 4,810 1,600 4.50 3.25 4.9o 3.25 2,220 250 16c 25 1-55 1-85 14c 24% 1.55 1.60 18c 26% 1.60 1.85 137,150 925 2,800 16,2^0 18% 18% 19 42c 20 I9 4oc 20 I9 1-898 1,400 22 — — 63 49c -.1 -»■ _ '■* in.. .1... ..T Dominion Oil ii~ rrf- 8c -- -— 40c 45c 17% 28 -- 12Vic — 8'% — — 27% 28'% 14 15 39c 43c 45c 45c 17% 18 '2 26% 28 27 27 lie 12 %c iuu 7j 338 20, .01 i'999 l'-^? _ ojo _ HO 50 22 22 8'% 8% 100 12 12'% 12% 27% 28% 230 H'% 28 28% 825 975 390 1.85 47 29% 27,300 70 29 1.67 46 28% 1-27 1.15 1.40 10c 7c 151,250 6,900 18,600 1.40 60,510 1-78 — • nrrf—l 1 6Vic • 1.39 5c 1.25 2,74o Oct Dec 23c Jun Nov Oct 1.24 Nov 4.10 1.60 July Apr Dec 9'% Jan 17 7% Jan 17 Dec 3.20 Apr 60c Feb 1.90 July 17c Dec 1.80 July 2c Oct 3.75 Apr 4c Nov May 106% Dec 8% July 13% Dec 102 3 Vic Aug 8%c Mar 10c Sep 32c Jun 7'%c Dec 31c May 21% Jan 44% Oct 22c 27,875 44c H 10% 12c 83c 50,000 28.000 47 1.50 Jan 6c 14,100 14% 6%c 104 13 . 6c 3.25 Mar July 5c 11,997 44,025 2.80 1.80 July 38c 4,997 18% 2.50 51c 11 • 20 • • * • common 42,400 12c Jan 6c 2%c Aug 8% — 5 Grocers lie 25'% Apr 19% 4.25 15'%c 12 Vic 5 & Chemical com Preferred National 54c 5c 7.75 Dec 9%c 1 1 • Breweries common National 8 Vic 11c 96,215 21c 1 7%c 24% 5.00 Aug 15 3,500 1.09 2.59 2%c 25 8%fe 96c 6Vic 68c 32 32 23c * common Preferred Mylamaque Mines 53c 8 Vic 6%c 2.74 2%c * • Mines Moore 101 Mar Jan 1 8% __ — * 1 Monarch Knitting common Moneta Dec Dec Dec 5c 2.40 9c 4.25 9c 4.25 17c * * A Montreal Locomotive 21c 11 Ciass — Oct 100% 8% July 32'% 1 * 1 Corp 23 13*8 21.600 Metals 16% July 24'4 3c 32'% * Brick Model a 4.25 Mining Grain Pacific & 7c 7c 5,100 8'ic 95c * * * Light & Power common Mid-Continent Oil 13,000 7c . Mexican 177,170 4.00 __ • 4.50 15c 2 Vic 8c * 14c Dec 6c Mercury Mills 16c 18.000 1.10 6c 6%C He 12c 3,550 1.12 98c 1.20 __ 1 1 1 * Gold 12%c 231 95c * 5 Segur Jan 14 V e 14 0 • 100 class A 14'% 10% 16c Grain McCabe 40 -a 31c Ltd Maxwell Nov 435 31c 83 He 10'ic Nov 1.400 5% 26c 22 13% 1 * 7,375 14's 1,500 • common Matarrow Lead 47 10% He Massey-Harris - 17c — 16 Nov 11%c May Gold 32% 13% 131 a 6c Marbenor Marcus 31 5 ?c Malartic Mines Ltd Oct Jun July 8% Aug 9%c Sep 3'%c 22c 21% __ 1 Mines Maralgo 19c 10c 7c 3c 24c 100 • preferred—— Milling Leaf 15c 24 13c Oct Maple 46% 7- 14%c 27'%c May 20c Oct 6.60 5c 4,975 225 8,400 16,000 1 Manitoba & Eastern • 6.75 16'% 5Vic 1 • Magnet Consol Malartic Goldfields Dec July Sep Aug 25 • * 1 Madsen Red Lake Gold Mines 45c 4c Dec 1.42 1,210 58,700 150 305 9,300 19,890 9,000 1 Mines class A 6,000 6c 5% Gold B 51c 2.10 32 %c 4,900 5'% 1 Mines Mackeno Oct Oct 3,000 Jun 37,900 147/e 7%c 1.32 2.74 Jun 25,150 Jan 85c 40c 2.40 5'% 1 4c 6c May 14% 14'% . 88c 12c 6.30 21c Dec 5.10 16% 5c 4%c 3Vic : 12%c Aug 5.95 Jun Feb 8.00 147% 1 Aug Sep 85c 5'%c 10,002 28c i' 35c 6.55 16'% 5%c 5c 1 Dec 9.20 May Dec Oct 38,100 10"% 2.00 __ Lake 20 22c 17c 8 %c 10 26c 39c 1 ' River 106 15,750 6Vic / __ Mines 2c 5 Vic • 41. Macfie 5c 5Vic 5 L_ Macassa MacDonalcl Sep 12,700 3%C-/ 26c 107% * Mines Oct Feb 6.70 25,320 6,500 May Nov 8c 26,300 Jun 49c * M) 3%c 9c 14c July 1 . Yellowknife 7c 14c 23'4 —* Dauch Lynx 2%c 9 Vic Jan 22c * Petroleum 47% Dec 7%c 3c 79,400 • A Goldfields 3.00 . class - (Walter Lowney Apr 112 Nov 8 Vic 1 * * _ Jun 111 Feb 11 Vic 27,800 35c __ Lac 49 Vic 3 Mines 2.22 19 Vi July May 9 tic 9c 6.25 7,300 5%c 1 Island Jan 1.00 5c * 109 40% 102 1.34 90c 26%c 1 * Class 2.50 7.30 July 3.80 5c A London 109 15'/?c 65c 17% 32c Gold Mines Ltd Hosiery Mills common.. Lomega Dec Nov 2.40 104 90c ♦ 106'i 15 Jun 1 Groceterias 109 50,100 1.32 1 Class B 2.50 20c July Loblaw 1.20 July 15'% July 105 30c Oct 2,7b0 105 41,700 Aug 7.100 16 Vic Nov 55c 1 9,8u0 4.75 6.90 48c ♦ Long i.eo 17 Jah Oct 50c • 16c Aug 29 J/2 18,700 715 38.490 Lexindin Gold 18 Vi 575 95c 19'% 8.35 V 6.90 Little 18 1,940 20 85c 18'% " Gold 1.50 1,350 Dec Jan 85c 19% 8.00 3 Leduc-West 1-38 1-50 !83a 45 Jan • Louvlcourt 5.45 NoV 95c * class B B Long 19 »/4 Mines Acceptance Mines 1.68 Aug 18 / 19c Nov Lawson & Jones class A 3.20 Mav 44 Island "U" 1.20 Nov 5.25 : Secord 1.89 Julv 109 July" 37'i July Jan 10c Sep Mar 1.44 70c Sep 1.80 Jun 7c 2,500 58 July 45 Vi 18c Nov 46c Jan 195 15c 1 Lapa Leitch 55 16c 1 1 1 Lencourt Gold 38% 80c "Dec • Sep Dec 1.00 Dec 75c * • 1 1 Dec 52 38c 35c 48,925 Gold 6.10 37.620 3,500 1.09 15c 16%c __ • 12 Vi I 2,000 Aug 47c 1.00 15c Mines Jan 41c 7,500 45c 1.05 1 Ltd (1945) Lake Wasa Mining Larder Oct 1 _• Mines Feb 8 20% Ma* 1 Gold Lang & Sons Oct 13% July 19% 1 Mines Fortune Luz 50,335 18% • Dufault Lake La 24c 15 * 1 Mines Lake Shore 4'%c Mar 36c • Lake Lingman Lake Osu Mines Lake 790 101,000 1 Ltd_ Gold Lake Rowan 16 7c 1 Labrador Mining & Exploration 80.925 1 Oils Ltd (John) Labatt Laduiama 17c 16 19 • ; Lake Kirkland Townsite Kroy 6c 32,091 12c 1 Ltd Kirkland-Hudson Kirkland 21c NO.V 14%c 20%c 16 18c > 1 Mines Keyboycon 12%c * 1 Kerr-Addison 1.40 1 Hollfnger Cot sol Home- Oil 20% Aug 3.85 1 Hedley Mascot Heva Gold Nov Dec * Canada of Gold 1.34 1 Lake Highland-Bell Highbridge Mining Highwood Sarcee Feb „ Mines Mines Kelvinator 3.40 1 Gold of the Lakes Iron Headway Red Heath Gold 17 Vi Dec 1.95 1 • J Mines Harding Carpets Harricana Gold Hasaga Kelore Kenville Class 40c 100 Preferred Hard May JOlli 101 J/2 * 1 1 1 —* * Halcrow Swayze Hamilton Sep 35c 20c 28 * Lime & Aiabastine Brass class A Gypsum Hahn 85c Jan 98 1 1 1 Mines.., Gold Nov 4c 86 10 1 Guaranty Trust Guayana 55c 325 31% Apr May 18,800 2,200 95 '2 Jun 15c 42,000 Lamaque 37'i May x Jan 1.65 7%c 44c 21c Jan 62c 16c Nov Dec 9 35 20c 7.65 7%c 3 Vic 21c Jan Jan 75c 80 %c 9c * 1°0 1 1 1 1 1 * 1 1 1 1 1 * 1 1 • -50 * 1 " —" * 0 * 5 Dec 4%c 21c * —1 — 1 Bakeries 13c 20c 77c 100 100 * 5% ft 600 19,892 32,885 1 47% * * * common __ • Lairentide 2.05 Ltd Ltd 21c 32c36%c 36c Ltd Laura 100 Power 21c 15%c 16Vic 21c 1 Ltd Dec Mining Oils Kayrand Dec July 4.05 Mar 44,193 Oils May 1.22 Nov 11,335 6.05 -i— 11c 17c 8.45 64,742 11 Vi Exploration 4'%c Aug Aug 95c 1.38 10V'4 5.55 Preferred 6,500 July 32c 95c 9.70 11% 46 -10112 3.75 6Vic 7c Oct 4c „ Dec 5Vic __ Jun 35c Nov 12.100 common 14'% 29,800 21% 5 Vic Gold Jan 23,793 24 Oct 4 J/8 c 1 8% 11c 19J/2 May preferred——20 — 11,653 88c Mar 1,460 Co 14'% 7Vic 20 23% Manufacturing 13% 14 82Vic 185 23 Ford Motor class A 39% 8c 440 13% July 41c 1.80 54 % Apr 85c 23 29 Vi Flank Petroleums— 29% 1 22 1,745 _T 15,114 1 2 z ',2 1.095 5.75 42 l Quebec 21% 1,380 " * * * * 0 • 0 —100 * 41'% 41'% Nov II,109 25 —1 Nov 104'% 1 Gold Nov 13,462 ., Mining Mines 32 V 4 12% Petroleum 45 Jan — * common Mines 9 Feb Waite Jaculet Jellicoe Nov 17 Vi Co Gold Sep 105 Jan 43 Vi Nickel Dec 30% 17% Kirkland Mar 101% Jack 32 Vi Products common 26 35 Nov 2.00 102 5%C 23% 3,735 103 42 Dec Dec 123b redeemable 52 103 Jan 1.25 99 Vi 16% common 47'% 26 Vi 31 % Players Grain 50 100 " 10 J/2 1.16 9.75 17 % 31 % Nov * A Jacknife * Nickel Nov 23 Mar 5%c -- 10 Apr 31 lOVi - Feb 15 Sep 5%c 6C 4 25 29V2 36 1.65 9.20 7'/a 150 * 47 21 15 13% 58c class Metals 8 21 International Petroleum 225 Nov 8 Nov 8,811 52c Aug 21 __ 14 4.943 30c 21 com—* Oct 2 100 Powders May 100 46c Jun 25 Bronze International 3.00 9% Co Dec 2.75 9% 31% 13% & 22 99 Vi 44 1 John 1 Nov Dec 102 2.80 99% 14% May 32 Aug 7 J/2 Federal Graham Jun 28c 39 %c 30% Fanny Farmer Candy Shops Goldora Jun 9 * * 1 Goldhawk 40 Mar 1 Corp Golden 7%c May Dec 7 1 * — .25 Empire Brass classs A Eagle Jan Feb 175 57c 25c 13c Pen-Rey Gold 27 Dec 3c 28% 8% 1 1 Lake 24% 8% 1 Goldale 475 8% Gold Globe 1,465 3,200 28% * Oct God's 25 5Vic 28'% Ingersoll Machine class A 18Vic Nov Nov Giant 25 4%c 28% Feb 20 Geneva 25 • common 6c 59 Class A 25 _i Acceptance Jun 12,100 Feb General preferred Industrial Oct Mar 7% Vic 151 ic 14 Feb General 4ft Indian Lake 6'% Sep 41 15'% 5 ft 15 12'% 40 45'/i General 29% Oct 675 Dec 50 Gatineau Jan 2,74o 6% Jan 015 Garrison 50,647 12% 6% £l 31 308 Garnet Oils 31 12'% Preferred Nov 30 21 Frobisher 29'% 6% 35'% 50 5 J/4 Cos 31 12% 24% May Jan 195 32 Vi Fraser ...» Feb 21 845 Imperial Tobacco of Canada ordinary_5 Jan 23 30% 25 35% 32 20 Francoeur 28 35 28% 61 Foundation 28 35 __ 10 32 " El Sol Gold Fleet 100 6'% 28'% Mines Fibre 25 32 5 J/4 Federated 6% 28% 21 Federal 9 6% _: Sep 25 62 '% $1.40 Nov 34,000 32 20 Investment Eddy Paper class A Famous Nov 27c preferred 1.12 25 Easy Washing Machine Falconbridge 31c 25c $1.60 * Eastern Steel Eureka Sep 26c Dec Conv preferred * 1 1 * * 1 —1 & Mudge class A Estabrooks Sep 13c 4 855 Oct * Duvay Gold Mines East Amphi El 57 61 Vi Apr J Mines Eldona 41% Mar 60 1.75 • Woollens Elder 50 1.90 • 4 -23.5o Stores Dominion Economic Feb Dec 1 50 25 Preferred Sullivan 48% Feb • 100 preference Dominion Scottish Invest common Malting East 100 40c & Steel common—• Magnesium East 49% 3,350 red sinking fund preferred_100 Donnell 49Vi 24,600 * / preferred Donalda 68 1.60 Rights Dominion Feb 1.25 * --—35 r-;. * common Dominion Foundry v- 35 1.45 25 preferred Fabrics common Dominion 395 1.10 * Dairies Dominion Oct 42c 791/2 1.C0 10 Fieferred 4%% Dec 26Vic Nov 1 2 Ltd Dominion 2nd 9'% 6% July Jan 771/2 1.10 1 : Bank Dominion 620 Jun 15%c 1 Seagrams Dominion Dominion Oil Jan 21 %c Yellowknife Mines Dome Imperial Jan 24 24 %c Ltd Minerals- Distillers Apr 42c Jun 21 '/a Mines Discovery 31c Dec 18c 22C 21 paid 20% 16'%c Aug 1 Delnite Detta Mar 10c 20 15c Ltd__l Mines Gold Del Rio Bank Erie Mar 5c 61 Vi * Huron . 4c 21,800 1 Hunts class A & — High 48,800 7Vic * Poicupine Imperial 20c 72,200 6,000 Bay Mining & Smelting Oct 21 / 50 Low High 6Vic __ , Preferred Range for Year 1J)50 Shares 9Vic 11 Vic lie 1 Paper common Jun 19c 22c Smith for Week Low 1 Mines 26c Mar 21c j Apr Yellowknife Gold 56 Apr 7C * A Ltd Oils 47 1 class Class B Decalta 100 9,000 * * Petroleum Leather 115 55 13 Vic 25 9'% Jan *.—• D'Aragon Mines Davies 15c *: 6% 15c 55 —100 Coal Nest Crow's Davis 100 19 Sales Range of Prices Par High 26 1 * Craig Bit common.Croinor Low High Week's Last Sale Price - 18% 26 Mining Crestaurum Friday . 25 Vi Box common—■—a * Paper 19 STOCKS Range for Year 1950 Shares Homer Imperial Mills Cournor ENDED JANUARY Sale* for Week of Prices Low Pa Cosmos Week's Range Nov 36c Dec 6% Aug . 12 97 10c Oct 30c Jan 60c July Jun 67 Jan July 37c Oct Dec 100 July 50 Oct 10'% 19 8% July 12% July Jan 3%c Jan 13 %c May 8c Feb 19c Oct 7c Dec 14%c Jun 3.00 6.00 Jun Apr 1.45 July 2.90 Sep Jan 19%c Dec 3c 14 ft 1.10 Jan 1.87 22 Apr Dec 2.25 Jun Jan 2.35 Dec 10 Jun 18 Vi 31c Feb 66c 14% Jan 19 16% Jan 20% 8 Dec Sep May Jun 14 Dec 47c Mar 26c July July 35c Dec 15 1 Nov 22% Apr 23% Dec 25 Vi Nov * 58c Seo 27% Mar 26'% Dec 6c Feb 26c Oct Nov 37 Jan 19 7% Aug 10% Mar 9% Mar 13 Oct Apr 13 Oct 27% Mar 29 Nov 19 July 30% NOV 24c Mar 3.10 Aug Aug 19% July 46 May 30% Nov 10% 37 68c Dec 1.84 Apr 6%c Aug 3c Feb 17c May 9c Oct 85c 1.50 Jun July #40 The Commercial and Financial Chronicle (416) CANADIAN RANGE Friday STOCKS— Par New Low High 2.90 3.20 98,650 95c Mar 3.05 Nov Siscoe Mines 1 1.33 1.26 1.45 19,394 60c Jun 1.51 Oct Sladen Goldvue 1 34c New Jason 1 New Marlon Gold Newnorth Lac Mines Pacalta Rouyn Dec 51c Jun South Dec 31c Oct Stadacona 2.20 2.53 72,875 43c 8c 7,200 5c 17c 22c 80,700 11c 6c 20c July July 7c Jun 32c 4%C 43Ac 3,500 12c 20c 101,725 6c 5'Ac 6c 10,000 3c Jan 10c May Stanley ll%c 10c 12c 130,300 7c July 12c May 1 Merger 7c 1 4,000 15,000 4 "Ac • Mines 7c 9c ll7Ac 10c 1 — 21 %c 5 5c 21'Ac 4c 25c Feb 7c 13c May 16c 66,100 12c Dec 79c Apr 90c July 117,750 31c Nov 1.10 9,600 85c Dec 1.05 7 4'A * Corp Norgold 1 Mines Noriartic Mines Normetal Norpick _1 Mining Mines Extension North Denison North Inca Northland Gold North Star Oil common Mines Obaska Mines Gold Ontario Feb 37c May 17,000 6c Dec 18'Ac Jun 16,000 4'Ac July 7'A Feb 30c 35c 14c V. 27,845 4,000 Feb Aug 42c Sep Toburn Aug 43c Oct May 48c Nov Toronto Toronto General Sep May Toronto Iron 5%c 9,000 135 10 128 Jan 135 Dec 39 Jan 69 Nov Towagmac Feb Tower Apr Traders 2.24 Aug 28c 3'Ac Dec 3.50 9c Dec 7% 6c 31,000 4c Dec 12%c Jun Class 49,200 75c July 1.75 Jun 6'Ac Aug 15c People's Credit Securities 1,000 Feb 8.25 Oct 53'A Dec Trend 52,934 77'Ac 9c 1.08 Feb Union 4'Ac 13,800 3c Nov 7c May Union 38c 47c 35,400 17c Feb 60c Jun United 4'Ac 1,000 3c Feb 7'Ac Apr United 10'Ac May United Dec 3c 3c 6,500 3c 82c 144,450 20c July 60 60 1.58 Jun 76C 10 51 25 41,825 Gold Mines 25 25: 96c Gold Mar Oct 29 Dec 3.15 May Dec 3.45 Mar 3.35 6c 7%c 36,500 3c Jan 1.22 1.29 37,400 49c July 65% 64'A 65% _1 1.15 Corp Metals Preston East —1 Dome * —1 Purdy Mica Mines 1,18 Jun May Oct Oct July 1.25 Oct Walker 55c July 1.20 Oct 15% Jan 22Jun 16'A 800 1.80 51,275 19 1,900 14 July 2.70 2.95 6,100 60c Mar 3.55 11c 6,000 10%c 12'A 1.25 Jan 21'A Dec 2.05 19 Jun 8 50 5'Ac July 5'A July 49 130 49 Quebec Chibougamau 45% July 1 41c Aug 35c 41c 5,500 27c Dec 54c Nov Quebec 1 63c 60c 30c Queenston Gold 64c 20,200 1 22c 21c 28c 137,600 1 2.60 2.40 2.60 67,702 1 80C 8% Jun Jan Mar 64c Jun 15c Mar 30c May 67c . July 2.87 Nov Class 57c 27 Oct 40c Apr 97c Inn Ranwick Uranium 1 20c 20c 30c 11,500 24c Dec 33c 1 26c 26c 31c 44,500 19c Sep 43c Oct Wood Redwater-Piccadilly Petro 1 393Ac Reef 1 30c Gold Robertson Little Roxana Royalite Industries . Sarnia "A" class A Petroleums Feb 15'A 4%c 24 125.474 2'Ac 2%c 17,500 23 23% 1,715 17% Jan 18c 22c 37,100 18'Ac Dec 1 23 % 20c 35 35 4,790 60 66'A 330 27 Jan 64 Nov 20 20 100 14 Jan 20 Dec Jan 104 Oct 104 59'A ; Silverwood Nov 59'A 130 50'A Jan 59'A Dec 2.92 3.15 14,213 2.00 July 4.05 Jan 3c 3'Ac 2,000 2'Ac Oct 6c 6c 500 9'A 9% .. 13 13 125""' 13'A 50 " 3'Ac July 7'A Aug 9c . 9'A May Nov 12 Nov Dec 1.03 Oct Dec 2.10 Sep 14'A Mar 96c 94c 96c 1.49 10,300 1,900 70c 1.41 12c 12c 500 15c Nov 25c 24c 21c Sep 27c 47,100 18c Dec 40c Mav 36 35'A 37% 3,653 1 ——a A 46'A 24%c 28c 15'A 33 33 1.58 1.35 1.63 20 16'A 2 20 3.60 195,982 20'A 985 18% 19% Mines class 1 A Dairies pfd 25'A 1.05 • 2.99 10'A 10 % 290 41. 100 95 95 95 55 38 37 38% 1,525 36 33'A 36 3,583 98% 98'A 99'A 530 18 18% 1.07 37% 19 20 Nov Apr 22 Aug 8.85 Sep Jun Jan 38c Nov 1.04 . Jan 23'A July Jan Dec 3.00 22'A Dec Jun 1.85 Dec 2.45 9'A Jan 11 Oct 6'A Mar 8 Nov 92'A Jan 26% Mar 23'A July 96 July • 3,662 IB 13'A July 20 3,233 15c 1 8VaC July 17c 75c 1.24 157,900 Nov Oct May Nov 160 26 57 90 52 Jan 57% Dec 20 21'A 235 20 Aug 23 Nov 9.00 - 37'A 9.30 11,468 47c 53c 18,220 9 9'A 3,860 2.05 2.35 52,929 13c 14'Ac 30,443 50'Ac ■. 13%c 15 . 7'Ac 11c 36 6'A Oct 9.70 Jan Sep 65c Feb Jun 9% Oct 1.50 July 4.20 Apr 5.50 July 10% Nov 18 Nov 12'A Jan 6c Sep 15c Jun 56,500 2c Jan 29c May 51,500 20c Jun 85c Dec 4,500 " 1.00 1.22 85 85 10 9c 169,013 1 11% 6c 17'A Jan 3.50 Mar 19c 100 15 10'Ac 13'Ac 18,621 17'A 18 30c 30c 32c 39 39 40 5c 87 rv Oct Oct 11c Oct 94 Dec 16 11.50 58 Sep 4'Ac Mar 10,800 * 7.85 July Jan 36 805 1 common. Jun Jun 14c Aug 20 Oct 7c Feb 71c Jun 27'A Jun 36 Dec Oils * Winnipeg 35 23c 25c 6,500 17c 31% 32'A 1,330 23% Aug 100 100% 510 100% ioc; Lead 80 preferred 31% Mar 98% Dec Sep Nov 104 Aug 7c July 14 %c 14c 11,300 4c Jan 17c 61,000 70c Dec 5c 22,000 ;> 5'Ac 4c 6,000 38'A 40'A 99% 30 7,353 99% 30 .1 8c 7c ——100" 99% 1.80 Nov 9'Ac May 42 Apr 101 Nov . Oct 3'Ac May 15 15c Jun 97 10,600 99% Mar July 99% Oct Jun 1.32 99'A Nov Sep 63c 1.02 Knitting class A 21.490 65c 138.250 22c Apr 60c Oct 15c 11,000 9c Nov 25c Apr 90C 1.98 1 2.06 56c 12c • 1.02 80.940 73c July 5 May 6% Apr Apr 2.50 Nov 5% 6 * 2.70 1.36 325 2.70 1,365 5% B Dec 30c 32% 1.17 39% Zinc 35 Nov 10c 99% 1 & • • =. Wright-Hargreaves Yellorex 10c 12'AC . 1.00 10c* 1.10 1 H) 35 —.100 common — Gold iG V. 35 * 1 Electric Preferred 280 31% 10c .__* Mines.— - ■ Toronto Stock 1.00 Dec 2.27 1.33 Jan Apr Exchange-Curb Section Canadian Funds Week's Last ' Sale Price Par .. Dec 99 'A May 36'A 32'A 101% Sales Range Friday STOCKS for Week « Andian National Anglo Low Asbestos Corp Devel 5 May 10'A 4,760 8 Nov 46 42 7A 46 2,100 107 107 5 12 24,823 131 :134'A 296 * Brown Co common Preferred Bulolo 100 Pulp pfd _ 1 _ Canada & Canada — 7.00 * Sugar— 23% 14% 30'A \ common- Fairbank's Canadian General Canadian Industries Morse « com 33% Western Canadian Lumber Dec Oct Nov Disher Dominion Paper _ 4.10 1,325 6% 7% 81 82 3.05 4,300 34 35% 11,865 * —7% common new Nov 2% 3.50 Jan Jan 57 Jan 70c Jan 17% Jan 28c July 5% 7.25 80 1.75 34 325 16 Jan 41' 120 12 Jan 18 60 955 40 July 29 7-5 36% 1,325 Sep Sep Nov 49%c May 53 18'A . Apr Nov Oct Nov 56% Oct Dec 15% Jan 30 27 Feb 36% Mar 19 Oct 17 110 22% Jan 56 60'A 2,916 37% Jan 64 Aug 24% 1,927 18% July 25 Jun 42 65 Dec - 65 65 25 July 27 28 200 50'A 50'A 200 36% Jar. 43% Sep 28 27% 2 8'A 4,250 17% Jan 26% Deo 9.00 9.10 855 * 30 29'A 31 2,880 1 8c 8c 8C 500 —64i -!£i27 ' 5 : — _ _ _ _ _ _ — — -— • 17 ^ ■ - 1 common Temiskaming Mining 75 45 17 _ Oreille Price Bros Dec Nov 23% l_ —100- •. Minnesota & Ontario Paper Pend Nov 35 , 24 ' 5 Langley's Ltd preferred Power 6.700 34c - May 22 70 ■ 55 Feb ,58% — Utilities Inc 621 33 36 4i Humberstone Shoe Paper - 29 * International 40.025 . Sep 18% July 58'A _ International Loblaw 32c 59% _ Steel MacLaren Jan 4.00 «\ Jan 21% 50 110 82 * Deo 39 55 18 :—__— — Deo Jun 25 »' 9.75 25 70 common- Bridge Donnacona Hayes Aircraft Steel 133 Jan 22'A 33c deHavilland 10% Jan 22% 1,005 Copper Feb 6.00 Dec 75 36% • Oct Nov 35'A — 161 14% 7'A * Westinghouse Dec Dec 1.80 Canadian Dec 11% 4 05 1 Oct 39 376 70 Canadian Ingersoll-Rand Canadian Marconi Sep 31 Jan 23 55 * common 3'A 92 10 20 % July 22'A * Investments 124 1,675 14 24% 100 22'A 22% __ 7.00 * Canadian Coast 10% 30'A Vinegars Canadian Bronze 11% 134'A 5 — Dominion • 107 _100 — _ Gold High 525 11 _ Columbia Low 9 10% A 5 ' British Range for Year 1950 High 8'A 9 __ Newfoundland Shares of Prices 35% 48c - Dec Nov 5.85 505 8 • see page 1.42 16 100 Class B Preferred Sep 14c •89,9501,500 7'A 10% * Apr 18% July 26 98c 2.80 • Simpson's Ltd class A For footnotes 26 1.05 50c ... — Western 42c 5 Mines 7.35 40c _l common 6.95 40c 17'A 9% Mar 3,550 126,250 7.35 Dec Aug May Dec 1.60 July * 185 l 42c 32 1.05 57 3.30 18% Nov 65c 56'A 5 0>- •" 20 1 . 51'A Feb 14'A .15,300 3.55 __* Nov 10c 75 July 46 • r„. 22 85,600 1 ctfs 1.40 47 22c 16% 20 common Dairies . 5c" July 1.42 50 __ B Silverwood 85'A 33 3c 50c class Standard 10 Jan 3.10 common—* Mines Mining Silknit Ltd 104 12% Apr 57c Dec Oct 12c Gordon Silver Miller 34c • Gold_ trust 2c 29% r_l Breweries 8.85 62c Feb 58c -85 Nov 13% July 15c 7,300 —100 Jan 12% 36c 11,303 5,835 —u—— Apr July 13 165,150 67c 21 Oct * Creek Class 30'A • Sigma Mines (Quebec) Silver Feb 1,825 * Class B Silanco 27 30% 74c 35c 12c Jun . (1945) Voting 50c 9%. Ltd Co Sheraton Ltd Sicks Dec 1 Wpg Brewery class A Sherritt 21c ;___ preferred Sheep July l . Shawinigan Water & Power Shea's 6c 29% Jun Jun 59c 6,000 common Gold Apr 9,500 30% 34 97 1.09 108 Apr 9c 40,150 Dec Nov 18'A • — Jun 16%c 8'Ac 1 Rouyn Shawkey 15'A 1 Warrants Senator 14'A 11'A Feb 39c Jun 35% 24 90'A Dec Feb Jan 36c Jun 30c 8c York 8'A 37c May 80c Dec 9 12'A Oct 17c 12,494 150 56'A Mineral Homestead (Geo) Class 3.30 Dec 125 'V' 23'A July 10 • 7c Jan 9c 99 , Mines Oil 35 1,500 26 ll'A T 56 May 49 Gold Security Freehold Selburn 75 14'A _1 : Gold Ltd 10'A 14'A 26'A Nov 63c 1 66 Feb Aug Mar 30c 11% 5c Jan 108 6c 73c 12c 3.00 Sep Nov 24c 1.20 Yellowknife Bear Mines 1 Bridge Scarfe 305 10'A 1 preferred Sannorm 13 • common Mines River 12'A 2c 20 3.00 2.10 Jun Sep Dec 14'A 1,300 7c Wingait Gold Yale 14 32,200 1 12c 2.00 Aug 44 * Oil Antonio Sand 85 Sep Jun Mar 25% 9% Mines 4.80 Sep 10 St Lawrence Paper 1st preferred 2nd preferred San 21,600 70 4c 1,300 7'Ac 60c * Co St Lawrence Corp common 1st preferred 2nd 2.50 5c 68 70 84c 2.03 Mar 1 — Lake Ryan 6c * Rupununl Gold Mines Russell Dec .* common Lac Oils Royal Bank Nov 22c 11,300 7,000 ♦ '_ Long 22c 21,600 2.50 * Class A Roche 49,403 30c 5.00 5'Ac 1 73c common Robinson Cotton Robinson 41c 27c 5.00 1 . — Mfg 1.84 May 37 9c 90 1.39 May 12 41c 56'A —— ■ Sep 10% Mar 24 May May 47c Dec 100 * W) 45c July 9% Nov 37 14'A 116 Apr May • A Winora Red Poplar Gold Mines Ltd Nov Dec July 80c 25 :>> 1 & 27c Aug 17'Ac Jan 11 3.25 1 9,200 Reno 3.65 17c 25 1,117 90 1 76,784 20,749 Renabie Mines Dec Aug loo V * Windward 56c 6c Sep 34c 26 Winchester Larder 84c 1 Nov 9c ._* — (G Wiltsey-Coghlan 29'A Regcourt 7% 11% 13 115 1 Preferred 50c 39c Oct Feb Oct 12'A 37c • Consolidated Western 70c 1 Jan FeD 14 1 Products Weston 27'A Petroleum 1.66 32% 2.03 6,300 5' ' Grocers 52c Reeves MacDonald 12'A 1 (Hiram) Western 29% 17 39 —___1 Ashley * , , 12 38 9.20 L Western 1 ; Mining 1.50 11% 38 • Wesley Mason preferred Quesabe Mines Ltd Quemont 15%c May 17 13,495 12 Apr Oct 1.36 5%c July 12,150 1.45 * ,_«s— West Malartic 8 Labrador 40c 30c 1.45 ————-—* Westeel 9c Quebec 35c 26c 50 i__ Feb 49 Quebec Manitou 40c • — Jun Apr 49 Gold 25 Mines Wekusko 9c __ 3.30 1.20 May 14 '/2c 6 33,000 25 Amulet 64% 56c 16 10 common— Waite 42'A Mar 40 Mills Flour Preferred Feb 10% 31.030 9c 22 * preferred Gold Violamac 7,600 v 2.52 22 • Mines Vicour Villbona 3,520 1.50 2.70 „„ 4.00 21c 18'A 1.74 * Prospectors' Airways Dec 10,800 9,700 2.30 7'Ac B A Mfg 1.15 25 2.45 8'Ac Jun Jun 87/aC May 28'A Mar 425 ■ Dec 5.50 25c 4'Ac July > 400 11 * Ltd Viceroy 1.10 23 16'/a • 1 Proprietary Mines 2.90 Ventures 1.05 ,23~% .7 11 * Canada Mines 1.02 • class Upper 3.10 1 6% 1 Oils 1.25 —— 135 * Steel 3.35 — 31'A 20 new— preferred United .6'Ac common —^ B United * Rouyn 31 31'A United Keno Hill 1 River 31,b5U 9,700 .8.25 Nov 2.31 221,200 1.45 7'Ac > class Corp Fuel Class Dec 1.75 27 3,700 Dec 119c 6c 1 Jan ———1 Gold, Jan 14c 1.28 1 Nov * Porcupine Peninsular '•»; 3c 1.02 18c 1.35 7'Ac * 63c 1.53 1.95 2.50. Jan l Asbestos 10 7,350 1.80 2.40 Mar 60c 1 Gas 60 25,855 1.84 2.50 40c 640 72'A * Mining Jan July 25 1 - Oct 25 • Gold Polaris Oil 21,600 75 Resources Jun 5 40c : 69,145 88c 85c Petroleums 4'Ac * _— Transcontinental 95c " Photo Engravers May 3'Ac 16 3.75 83c 3.60 * Transvision-Television Jan 57c 3.20 —_— Jun 16 3'Ac July ._* Trans Empire Oils 4c 46c 5,600 * 4.20 57c 6c 100 44'A ; 5'Ac class A Finance 1,190 _1 — 13c B 35,410 ——* Perron Gold 1,500 ' 8.60 80c 17c 1 54% * Dec 16'Ac 10'Ac May Feb 3.50 50 8.15 1 2.25 260 common— 53'A 1 Reef Works 8.35 Consol 95.029 * 54 % Malartic Penman's Ltd common__ Dec 9.40 73% Sep Dec 30'A 3.50 10 Preferred —1 —. 18 y2 30 % Feb 3.50 Exploration 1.54 43c _ Apr Mar, 8.00 2 Mortgage 1.42 1.05 4'Ac Nov 20 3.50 Petroleums 4'Ac 1 Mines Crow Toronto 1.43 * 6,500 16% Mar , ■J 9.35 ._ 5%c 10c ly 8c » Trusts 1 Oil 7c «. Class A 10 Vic 1,000, 20% 50c * * Cadillac Western 1.36 July 15c 1 6c 675 Elevators Jan 135 1.05 Mar 3,030 . • Feb 3%c 6c July 75c 3,820 — Silver Mines 9,600 1.00 8 Dec 35'A 1 3'Ac Torbrlt 32,125 —_1 6'Ac Oct . 17,'A L'. 30c 46,700 —___1 Sep 6% 41c 36% _• I Dec 18c 3,000 4'Ac - 35 Gold 19c 10c 13'Ac Apr Apr Dec 1 Mines 35% 1 ordinary common 12c 45 17 Apr Dec 34'A Tombill Gold 2.33 1.20 550 50 31,600 18 25 110 7% Oct Dec 1 Tip Top Tailors 2.45 70 17 _1 Thompson-Lundmark 15c Mar 16c 4.50 5'Ac ,60c 52c ■. Dec 96 12% 35 Teck-Hughes Gold Mines 6 2.20 4.25 5'Ac 55c 12'A Jan 10 v - Dec 16'Ac 69% 5'Ac > 63'Ac Mar 7'A July 36- common Pearson 17c 4.25 35 1 Preferred 1 Petroleum Purity Taylor, Ltd 16c 53Ac 27 • 24c 33,863 68,150 1.60 Oct 11% 1,885 Gold 2.45 ____ Pacific Pressed 6'Ac 9c 12c * ._ _ Page Hershey Tubes Pamour Porcupine Mines Ltd--—. Power Tamblyn 1.45 —* common—— (Eastern) c Nov 28c 33'Ac 28c 1.58 50 Coyle Navigation Powell 31 %C * Pacific Powell 22c 46,450 5 'A 13'A River * Lake Porcupine Feb 15c 18c 12c 13 . ' Sylvanite Dec Jun 86 1 Surf Inlet Oct • Pacific Pioneer 9c 5.00 8c * — Gold Lake Pickle Taku 425 — Steel Paymaster Oct 1,050 1 Orange Crush Partamen May 10 1' Loan Paramaque 9c 70c 2.46 Mar • Ontario Pandora Nov Aug 5% Oils Red 4c 33c 9 Omnitrans Exploration Orlac 23,626 20,000 33c 13'A * preferred Petroleum Supertest 12,974 • Ltd—. 55c 5'A Ltd Oils 2,150 4,300 41c 46'Ac 25 ~ Superior Oct 18c 20 common Mines. May 22 Dec 3,205 Contact 6%c 10 Mines Selections Osisko 77c 5% O'Leary Malartic Orenada 5'Ac Nov Dec 9c 95% * Canada Cons 7c-' 7'Ac 9c of Sullivan 14'Ac 7'Ac 1 Ogama-Rockland Okalta Oct 25c —* Ltd Lake O'Brien 2'Ac t 155,825 225 15,300 7'A Sudbury 50c May 19 12% 1 Oct 4.85 —5 Preferred Nubar 1,500 4c 19c Oct 19 Nov 1.05 May 6%c 95% Sturgeon River Gold—, 15c 1 (1940) Dec 41 11% Bros Press 6c 17 Vic 1 Mines July 5c Feb 12 Gold Stovel 4.65 6%c 1 _; 63c 1,100 3'Ac * Mines 8,322 10c 32'A • Steeloy Mining Steep Rock Iron Mines 41'Ac < 4.85 * - 78'A 220 63c 19 * Preferred 53c 46c * Canada Northern 76 3%C ■ 1 Gold Northern 1.75 42c 10c 78 —1 Olsen Co Aug 8%c 44c Brock class A Mar 11,325 51c 92c 40 Apr 50c 27 Dec 3.00 44'Ac 1.05 40 High 30c 95% A Dec 2.50 47c 1 23,100 ■it 72,450 — . Nov 2.99 _1 Noranda Mines Steel May Jan July 75c * common Radio class Stedman Apr 25c 2%c 2,500 65c 100 Preferred Standard Apr 73c • ; Paving common^— Starratt Jc 10c Gold Nordon Standard Oct 70c • Mines Year 1950 Low 63c • Brazeau Range for High 63c 20 — Preferred Jun July Co common Standard Chemical 3.70 May Apr Sep Mines Ltd Nor-Acme t 17c 13'Ac * Oils Thurbois Nisto V 5,379 14,525 7c 1 Yellowknife Pan 24c <N) Low Shares 1 Southam Co 17C Mines Nicholson Mines Oil Nov 19c —.^,..—,.1 Norzone Nipisslng May 27c 1 New New Nib Sep Sep 50c 12c 2.25 1 Gold Norseman New 19c 13,475 1 Long New New 20C 147,450 17c 20c 1 Newlund Mines Slater 37c for Week 1 Malartic 14c 16'Ac 1 Laguerre Mines Gold 16c Sales Range of Prices Par High 29c 1 New Low Week's Last Sale Price 3.15 New Hugh Malartic Mosher STOCKS Range for Year 1950 1 New Dickenson New Shares Monday, January 22, 1951 . 19 for Week Mines Calumet New ENDED JANUARY Friday Range of Prices . LISTED MARKETS WEEK Sales Week's Last Sale Price FOR . 5.05 Mar 26% Dec 6c Aug 9.35 28 12c Sep Dec Sep Number 4979 Volume 173 The Commercial and Financial Chronicle ... (417) 41 OVER-THE-COUNTER SECURITIES Quotations for Friday, January 1!) Investing Companies Amerex Fund 8.00 8.78 4.81 5.20 10 Corp 42 '/2 American Business Shares—1 Obligations Of Government Agencies Mutual Funds— 1 Inc— Holding Ask 1% Aeronautical Securities Affiliated Bid Par Mutual Funds— Managed Bid Figures after decimal point represent Ask Federal Home Loan Banks— Funds— Automobile 44 Par shares lc 4.07 4.49 shares_lc 4.07 4.49 Equipment shares.lc Business 4.37 15, 19511%S April 2, 1951 l%s May 15, 1951 4.82 Equipment 4.11 4.44 1 xll.09 12.06 General Inc__—1 Axe-Hcughton Fund B 5 Beneficial Corp 1 Blair Holdings Corp 1 10.28 11.11 Home 17.79 19.34 Non-Ferrous 5V2 6 V4 Paper shares 2V2 3y4 Petroleum America—~—* 20.75 22.31 1 22.90 one Ask Bid l%s Feb 99.30 99.31 32nds of more or a point Other Issues—(Cont,) 100 Bid 100.1 Panama Canal 3s 1961 : Ask 1183/4 119% 99.31 99.29 24.76 Mutual Fund Inc American Axe-Houghton Bond Inv Fund of Tr Inc Fund Boston — Net 10c 9.55 5 19.88 1 1 value asset 23.27 38.51 Broad Street Invest Corp_. Ltd Fund , Century Shares Trust Chemical . 1 Fund Securities Christiana 100 1 Investment Eaton Mutual 7.26 1.79 National 18.48 1.96 Bond 31.90 Income 20.86 22.30 Fidelity Fund Inc 4.97 5.15 32.69 35,34 First Mutual Trust Corp Fund—;—1 stock Common series— 11.22 12.13 7.29 7.97 Bond Series 7.62 1 Series 7.86 Industries 1 Inc Fund 1 5.23 Capital General Investors Trust 1 Securities— ; Common iThe) Stock Fund-lc Automobile shares lc Aviation shares —lc Group . 1 4.67 5.10 Priced Com Stock Series_l 5.94 6.49 Rate 4.45 4.87 1.35% 5- 6- 1-50 X17.94 19.29 1.40% 7- 3-50 1.40% 8- 1-50 5- 1.40% 9- 1-50 6- Group Series—; England Fund Stocks York shares.lc 1 8.42 Industrial Aviation 1 , stock— 10.89 5.22 13.57 14.87 Jan. Feb. 1, 8, 1 : —— 15, 1954 99.6 .9065 1 %s March 15, 1955 99.8 .8758 l%s Dec. 15, 1951 - 1951 1, 15, 1955 99.8 99.10 100.3 100.2 Dated Rate Bid Ask bl.80 1.60 % 1-51 bl.80 1.65% 4-51 bl.85 1.70% bl.90 1.75 % bl.90 1.80% Ask 1.40% 1.65% 10- 2-50 3- 1-51 bl.75 1.50% 1.70% 11- 1-50 8- 4- 2-51 bl.75 1.55% 1.75% 12- 1-50 9- 1-50 bl.75 1.60% 1.80% 1- 2-51 10- 1-51 1-51 bl.75 1.60% 1.85% 2- 1-51 11- 1-51 Due 7- 2-51 wi 5.87 8.91 9.76 Metals United States Treasury Bills Bid 12.92 14.08 Feb, 13.83 15.16 Machinery 1 12.26 13.44 Mefchandising 1 13.34 14.62 March 1 12.77 13.99 March 8, Pacific Public lc 7.84 lc —lc 9.55 25.70 8.19 1951 1.24% 1.32% 22, 1951 March 12, April 19, — 1.26% 1.26% bl.36 1951 1951 1.24% bl.36 bl.36 _ . 1951— April 1,24% bl.36 1951 29, 5, Ask bl.36 1.26% 1.26% bl.36 9.18 1 1, 1951__ bl.34 1951 15.55 8.38 9.76 Utility Railroad > 14.19 ( 15, March 28.16 Fund—1 1 Coast Invest ■ April bl.36 bl.39 15, 1951 Feb. 23, 1951 stock—1 stock 1.20% 1.20% bl.34 bl.34 Feb. preferred equipment——1 Insurance March bl.32 1951 1951 11.79 12.85: Electrical Bid Ask 0.90% 1.10% 1.15% bl.34 25, 1951 1 Diversified 9.93 — 8.98 -1 8.91 6.95 10.46 7.62 Steel 1 12.42 13.61 —lc 11.24 12.31 Tobacco 1 10.83 11.87 shares lc 2.86 3.15 Equipment shares —lc Merchandising shares Mining shares Bond Railroad 5.89 6.87 7.53 8.00 8.77 Petroleum lc 4.29 4.71 Putnam lc 6.55 Republic 4.89 5.29 2.17 Scudder, 1.99 5 30.56 33.04 Selected shares——lc 13.24 83c 1.12 14.50. 92c 1.24 Sovereign —lc Group shares——lc Bond Group. lc 16.47 Stock and 11.47 12.46 Boston—1 9.96 5 —1 Fund of Co Investment America Trust 26 20 18.04 of 19.40 3.19 3.49 56.50 56.50 Fund 2'/2 13,38 26.21 7.88 8.62 63.50 66.00 1 9.66 10.52 1 12.46 13.58 12.91 13.96 86c 95c Investors State Street Technical Fund Inc Fund Inc Fund Texas Inc 17.63 18.01 Union Bond Union Preferred Stock Trusteed 1 _ Shares Industry Fund 25c 1 Fund—1 20 Broad Street Shares—1 11.72 12.74 5.55 6.07 6.29 6.87 (Low Priced Bonds) 1 .19.31 United Income B-4 (Speculative Bonds) 1 12.00 13.10 United Science Fund K-l (Income pfd 19.71 30.00 35.71 Value Wall Street Investing Corp Wellington Fund 1 12.61 12.86 1 19.58 21.36 19.01 Wisconsin 1 4.07 4.41 18.06 27.50 32.74 Stocks)—1 17.42 Stks) 1 17.26 S-2 (Income S-3 (Appreciation (Low com Priced Knickerbocker com com Stks)_i 6.99 ' Unit 7.64 1 6.34 6.95 10.28 36.46 36.46 2.50 8.95 10.20 1 2.58 2.89 Bank of Co__ 10 Manhattan the 1 1 2,54 15 Trust Co, Aetna Bank & Trust_20 67% 10 19 —10 49% 52% Manufacturers Trust Co 23% 25 Morgan 27 29 National 30% 32% New 10 26 % 28% 40 43 Massachusetts Bonding Merchant Fire Assurance 25 27 Merchants $2.10 Prior Convertible $1.05 American Alliance American Automobile ' American Equitable 4 5 Assur preferred & preferred—5 5 —5 Mfrs 4 8 9 Guaranty Trust Industrial Bank of Commerce.10 10 — 20 100 20 & Co Inc (J P) & Casualty„5 Newark American of American Re-Insurance American I8V2 2%- Surety 21% 20 22% —10 33% 36 25 55% 57% Casualty National Fire National Union (Detroit) —10 New Automobile 10 Bankers & Shippers 25 60 f 103 '57 % 1—10 Boston Camden 5 Fire 63 109 "59% 20% 22% 104 % 107% 68% 40 * 36 38 Employers Reinsurance—.—10 Federal 10 53 56 York i North River 35i% 33 70 Nat'l Bank & Trust- -100 310 330 40 43 5 19 20% United - 26% 28 12.50 46% 48% 3. 33% 7% 8% .. Pittsburgh Mellon Peoples First National Bank & Trust 42% 40% 59 298 29 31 19% 20% Portland First States Nat'l Bank— —20 55 57 58% , 60% 55 53 St. 248 240 Louis Amer Exchange 48% 95 '/2 Boatmen's 48% 50'/4 First 100 States Trust 12% National Bank United 92 y2 12 Trust & /• 1 ,650 101 97 9% 8% 254 244 Bank —20 Nat'l National Eank— —20 100 190 205 91 100 246 252 Harris 100 285 100 615 53 24 26 Mercantile-Commerce B & T -100 171 177 Nat'L -100 13 _ & Mercantile-Commerce —25 61 Vi 58% 25 57 20 55% Tower Grove Bank & Trust- —20 55% Bank Louis & Trust Union Trust —_ 59% 94 Fi-st National Bank— 47% Trust_20 Manufacturers Bank 8t National Bank & Trust- __33 y3 36 44% 51 Mutual Chicago 35 17 National Bank Mississippi Valley Trust- 35 2.50 Northern 68 Detroit- —10 Angeles 46% —25 National Guarantee 56 571/4 33% 2 _ Casualty Fire 35% —10 Hampshire Fire New _ 25 of City Nat'l Bank & TrustIllinois Continental 160 Trust -100 Bank of Amer N T & S A—6.25 25% 27% 107% United San Bank & ■ Francisco 71% 37 Amsterdam 33 55% Fire_ New 42 17V& Trust Public Nat'l Bank & Trust Title ■ National 40%- . Bank 25 City Bank— York Sterling Fidelity 34% 1 ,285 289 _100xl,600 ■ American 23 >/2 32 'A 10 100 Square, N Y 17% 71 365 National Bank— 1 common Vz Los 110 2iy2 10 Irving Trust Kings County Trust— 68 355 37 •' Security-First National 1001,225 , 53 25 Agricultural -16 42 40 16 10 xl05 136% Maryland Casualty 100 _ Commerce— —10 Detroit 69% 50% 68% _ 69 ■ 5% 132% 66 % — Co 67 of % 4% N Y„_ —20 of 64 62 10 America- —10 10 Life Co of North Ask 32 35% Eank Union National -20 ________ Trust Franklin Jersey Insurance Insur 45% County Trust Co. Franklin 60% Bid 30% 39% 43 V* Commercial National Bank & Ask 109% 377/b 10 — & Trust-. Chemical Bank Bid Par 5814 Trust Bank——_ —20 City Bank 95 % Corn Exchange Companies Ask 105 V2 National X92 V2 Fiduciary Trust ———10 347 48% First National Bank Casualty & Surety—10 332 46% Federation Bank & Trust Aetna National Central 10 (White Plains, N Y) Aetna Insurance 31 Cleveland 100 Trust Continental Bank & Trust 4.65 1956 Bid 29% York & Avenue Empire Par Par Cleveland Bank of New Fifth Companies Ask - 1955 Series Insurance 5 V) Teletype: N. Y. 1-1822 1 Bid York New Chase National Bank Shares— North Amer Trust Shares— __ Par Bankers Trusts— Trustee E Series 52.62 Banks & Central Hanover Bank & Trust 20 Independence Trust Shares 10 Value) 1 Inc Investment Co Type Series Sayles Second Fund— Asset Fund Diversified 11.24 Fund Line Fund B 18.83 Lexington Trust Fund —25c Loomis Sayles Mutual Fund— (Net Asset Value) • * New York 5, N. Y. Telephone: WHitehall 3-2050 23.06 B-3 Stocks) 1 K-2 (Appreciation pfd Stks) 1 S-l (Quality common Stks)_l ^Incorporated y 19.84 series 28.80 28.36 21.07 (Net » Television-Electronics 27.52 Loomis Kugel, Stone 3c Co. 14.4Tn-: 24.70 1 Investment Corp.* Shares Amer Management Fund—1 26.00 City Bank Stocks 25 1 Investors Inc Keystone Custodian Funds— B-l (Investment Bonds) 1 B-2 (Medium Grade Bonds) 1 S-4 New York 43% 37/a 24% Stevens & Clark (net asset value)_* Fund, 10.89 shares Investment Investors Primary Markets in 18.05 I Group Insurance 5 Trading Shareholders Trust of Boston—1 ___ Institutional Shares Ltd— Group & (Geo) 5.97 Incorporated Investors Bank preferred 1 Inc Foundation Fund Aviation $1.50 10c —— Fund Plan Income Pacific Amer Investors com—10c 5.37 shares /:■Utility', shares Equipment ' lc shares Tobacco Railroad ,_lc stock shares.. Railroad Steel . shares Petroleum Howe March • Oct. 5.72 11.99 RR .8346 1%S Bid 11.55 _1 8.13 8.59 -.8439 1%S Nov. .9253 bl.65 2- 17.51 —1 supply Corporate bond series Diversified Industry 9.23 9.29 13.33 > 99.8222 99.8116 l%s .9292 13.41 10.31 — Ask .9292 1-51 Due 1-50 10.96 9.82 shares Bid Notes—(Cont.) 11.69 15.98 1 9.06 Priced 10.67 12.24 10.95 Low Maturity— 9.39 10.00 shares—lc bond 8.57 1 Investing Company shares—lc Institutional 14.81 —_1 8.91 Machinery shares lc — Chemical 5.35 - —lc shares bond 8.45 9.75 98.16 ; Intermediary Credit Bank Debentures Dated Diversfiied Investment Fund.l -f; 9.37 8.48 Fully administered shares—lc General 8.55 13.51 L; 12.17 • lc shares Food Federal Inc— 1 Building r 98.8 4.45 9.56 Bank 6.12 99.10 100.18 5.72 Agriculture 71.10 1957-1955— 99.8484 1951 6.80 New 7.71 8.90 v —lc Electrical Equipment 1, 8.75 New , lc Building shares shares Chemical 1%S Oct. 1 Stock Series 7.73 66.12 5.66 1 Corp General 1, 99.9121 99.8908 4.07 6.70 20.44 \ Oct. 99.8 100.10 99.9160 99.9160 6.22 Natural Resources Fund Inc 20.40 99.4 Treasury Notes— 1 Series 6.34 18.87 1953-1951 Price Ask Bid l%s July 1, 1951 "B" l%s July 1, 1951 "C" l%s July 1, 1951 "D" l%s Aug. 1, 1951 8.59 Automobile Gas Treasury 8.33 1 7.06 6.11 18.65 lc 2 Investors Inc Fundamental 1 5.72 series——— lc stock Preferred 16.34 Series Selected Low 1, 1%S 99.12 99 4 Dollar Inc— Custodian Funds Franklin 15.25 Series Industrial 30% 29 . 99.2 Jan. 2%s Feb. 1, 1955-1953 Maturity— _1 Stock 2.70 2.46 10 Boston 17.08 1.35% Inc.l Industrial Fund Financial First 15.46 1 Speculative —20c ;———-5 . 1 Inc Corp Stock 29.84 1, 1952-1950— 1%S 16.49 Security Series— Priced Low Bank Bonds— May U. S. Certificates of Indebtedness 17.47 15.17 Inc series Preferred Inc 16.16 1 1 Investors National Land l%s Issues 37.66 Inc_l Fund Boston Balanced Fund 28 99.31 99.29 Central Bank for Cooperatives— ls/as Feb 1, 1953 Securities— 1 Fund 2nd of Nation-Wide Federal 100.1 99.31 ; 9.04 34.84 Other 6.14 8.25 interest—1 Invest Fund 6.68 5.57 Aug Trust— beneficial Investors 1 Fund Stock Fund Equity of 20.95 Howard— & Balanced lc Inc__10c Bond Fund Fund 16.81 25c ' Shares Ctfs 145 5.88 shares Mutual 5,750 5.34 1951 5.86 _lc 1951 15, 5.07 5.32 15, 1.70s 4.34 4.60 1.80s June 4.10 3.94 lc shares Investors Mass 3.72 lc lc Mass 26 1 Fund Dividend Steel 21.49 shares—lc Metals 25.50 41.63 140 Consolidated Investment Trust-1 Delaware 9.56 , 19.37 100 5,600 com Preferred Commonwealth Industries Furnishings shares Manhattan Bowling Green Fund Inc— Bullock Electrical Connecticut General Life Continental Crum & Casualty 10- -10 10 Forster Inc Northeastern Fireman's of of 65% 69% 10 Phila Fund 61 '55 57 5 217/a 23% 10 Accident 10 57 5 10 5 Providence-Washington Reinsurance Corp Republic St Paul General Reinsurance Corp Co Peerless Casualty Co Phoenix 149 10 (Texas) Fire & Marine 59% 84 2% 30 3 32 2 77/a 10 37 12% 8% 120 55% Seaboard Surety Globe 5 12 13% Security Rutgers Fire common_5 21 23 Haven) Springfield Fire & Marine 15 94 97 Standard Accident 2nd preferred (New American 5 31% Stocks- 102 % Alabama Pow Co 4.60% pfd-100 106% 101% 101% Florida Pow Corp 4.60% pfd. 100 104 105 pfd_» 102% 103% 100 101% 102% 101% 102 Illinois Power 10 10 10 10 2%s Elec >_ _1980 100 »/4 2%s _1990 101 101% Power 2%s_ 1985 101 101% 1980 101 101% 2%s__ 1980 102 103 100% 101% Co 2%s Public Serv El & Gas 2%s_ 61% 65% 33% 35% Southern 42% 443/4 Virginia Elec & Pow 2%s_ 32% Northern States Pow $4.10 Tenn Gas 4.64% Transmission— preferred 343% Calif Gas 1980 Texas. Eastern 4%% Transmission— preferred -100 Travelers U S Fidelity & Guaranty Co—2 46% 48% U Fire 1 4 66% 69% -10 91% 95% privileges, 2 20% 22 10 Hartford Steamboiler 10 34% 36% 5 35 % 37% Ask 101% Edison 34% —10 Home Security Issues 33 Hanover Fire 32% 635 Included In year's range), b Bid yield price, c Ex-dividend $2 and 1/20 share of stock, d Deferred delivery sales (not included in year's range), e Ex-interest. price, k Admitted to listing on N. Y. Stock Exchange, n Admitted to trading N. Y. Curb r Cash sales (not included in year's range), tEx-liquidating dividend. (Un) Admitted to Unlisted Trading Hartford Fire 128 305 .1980 Boston a Great Bid Bonds-* N J Bell Tel Co 29% 53 Globe & Recent 16 80 Potomac 27 % 5 Republic ... Dallas Pow & Light 2%s__ _1980 (N Y) Glens Falls & Savings- & 155 14% 64" Frisco—10, Firemen's of Newark Indemnity ,_25 Fire Preferred 10 Fidelity & Deposit of Md Fire Assn 78 Pacific Pacific Group Assoc Employees . Trust Northern Trust Co 132 S U S Guarantee Westchester Fire 100 533 ; 548 Odd •No lot sale (not wd When delivery, wl When Issued, x Ex-dividend, y Ex-rights, z value, tin default. tThese bonds are subject to all Federal taxes. par Ex-stock dividend. 47, (418) The Commercial and Financial Chronicle clearings this week will Preliminary figures compiled by show us increase an based with compared a year will be 18.8% above those of the tliis ago. Saturday, Jan. 20 clearings corresponding week last year. same is a Our preliminary week in 1950. Friday of 16.1%. Federal 1951 Philadelphia $7,449,028,764 1,014,051,690 792,202,629 1,180,000,000 938,000,000 494,347,291 Pittsburgh 370,728,000 307,233',154 239.793,452 $11,561,373,440 4,902,292 $14,319,575,460 752,306.103 ; , able to cannot furnish For that week there V them today, inasmuch t»ank week in 1950. same increase an v' v;l cases The has to be estimated. of — the week 19.2%, the aggregate of gain of 15.2%. a We group the cities located and from this are an Cleveland Reserve District has managed to a gain of: 22.3%, in the St. Louis Reserve District of 25.0% and in the Minneapolis Reserve District of 20.5%. In the,Kansas City Reserve District the increase is 27.9,%, in the In the following we furnish a summary SUMMARY Week Ended Jan. 13— Federal Reserve Districts Xst, Boston 2nd New York 3rd 12 -11 Cleveland— 6th Richmond 6th Atlanta——; 7th Chicago San 7 24.2%. of add week ended Jan. our + 18.2 32,014.300 4,789,839 + 30.7 5,018.034 8,606,045 + 30.2 7,961.416 6,630,377 284.433,593 + 23.4 284,620,912 292,746,331 1,009,968,895 — Reserve 791,882,442 +27.5 839,352,366 856,925,902 District—Richmond— 3,026,554 791,882,442 + 27.5 839,352,366 856,925,902 530,905,453 443,793,111 + 19.6 423,658,341 435,839,901 799,976,717 646.843,669 + 23.7 603.388,868 970,641,630 + 22.3 1,003,119,838 470,974,078 + 25.0 490,004,455 378,161,079 + 20.5 395,328,700 439,807,026 553,896.775 610.017,029 477,007,139 + 27.9 461,275,637 294,199.092 + 31.8 300,754,968 322,153,103 934,814,536 752,482,984 + 24.2 739,749,811 795,435,246 If 17,067,316,223 14,320.664,792 + 19.2 13,310,914,819 14.671,130,933 7,001,531,683 + 23.3 6,999,400,779 7,491,412,033 +18.8 4,790,885 + 18.8 4,151.720 3,963,527 + 29.7 89,798,185 133,897,348 101,820,628 + 31.5 85,274,329 94,945,765 3,651,346 6,934,893 + 24.3 7,129.859 7,836,074 553,720 634,635 —12.7 524,432 Louisiana—New 141,854,061 Total (10 116,639,649 21.6 110,809,133 526,340 127,851,066 799,976,717 Orleans 646,843,669 +23.7 603,388,868 661,030,173 + York—Albany Seventh Federal Michigan—Ann Reserve Arbor District—Chicago— 1,790,617 Lansing _ __ - __ .. . Indiana—Fort Wayne Indianapolis-: South Bend _ Terre Haute 11,891.109 12.499,416 + 11.9 5,830,224 7,631,367 1950 4,116,347 + 22.0 7,307,580 6,543,691 57,194,000 + 18.6 57,840,000 55,209,000 7,981,176 + 17.3 6,594,425 ) 3,569,208 : , v _ + 27.1 + 28.7 65,608,906 3,893,961 36,570,993 + 31.2 : : 29,391,520 + 24.4 29,922.880 19,251,720 14,988,133 + 23.4 15,719,513 1,486,546 + 24.2 1,073,794 892,154,150 - 735,544,744 + 21.3 768,317,649 3.084,481 + 79.7 3,186.617 11,243,168 + 41.1 11,756,706 ... — « __ y Decatur _ 5,544,011 _ Peoria $ 1,618.104 or Dec. % 1949 S 1948 + 55.1 $ 2,271,317 2,590,101 + 14.2 4,919,311 4.873,188 469,456,625 + 20.8 460,648,578 472,233,935 2,285,572 + 35.3 2,057,429 1,001,043 + 15.8 925,268 15,868,080 . - ' „ Byracuse. Connecticut—Stamford New Jersey—Montclair { Total (12 cities) 17,881,716 1,703,447 830,236,710 4,123,839 13,777,299 .... _ 6.861,657 5,230,886 + 31.2 5,502,126 5,081,922 3,954,553 + 16.4 3,986,186 4,199,483 1,186,722,972 . 970,641,630 + 22.3 1,003,119,838 1,069,505,257 _ (17 cities) Total Louis ' U-V-' "Xy 331,000,000 (4 cities) 103,597,140 + 24.4 124,261.971 137,919,271 126,332,468 _. 258,700,000 103,235,707 + 22.4 105,240.603 103,307,832 1,841,231 29.9 1,801,881 2,068,221 588,550,755 __ + 26.2 2,391,623 — 262,300,000 128.826,664 ___ 470,974,078 + 25.0 490,004,455 540,695,324 Federal Reserve + 297,400,000 District—Minneapolis- Minnesota—Duluth 6,123,126 6,012,567 + 1.8 Minneapolis.. 6,264,817 6,503,284 314,970,292 250,676,601 + 25.7 St. 272,995,553 312,879.902 106,305,720 98,929,550 + 7.5 91.671,158 93.467,955 Paul North Dakota—Fargo South Dakota—Aberdeen 8.764,002 7,738,308 + 13.3 7,946.660 8,188,229 3.852,697 3,127,848 + 23.2 3,353,008 3,869,082 4.787,549 4.027,331 + 18.9 3,711,959 3,987,022 10.882,634 7,648,871 + 42.3 9,385,545 10,911,552 455,636,020 378,161,079 +20.3 395,328,700 439,807,026 . ' Helena Total (7 cities) Reserve District—Kansas City694,739 + 24.8 795,450 683,801 + 15.5 634,923 736,080 9,502,204 8,093,636 + 17.4 7,616.514 8.114.424 166,139,284 _ 126,553,079 123,195.085 137,292,203 866,731 f _ . Lincoln Omaha + 31.3 9,872,213 + 30.5 8,395.157 14,499,733 + 10.3 11,678.153 380.508.202 14,805,169 299,211,381 + 27.2 291,698,565 364,750,408 16,422,194 12,037,979 + 36.4 12,539,249 15,159,521 3,451,839 3.172,198 + 8.8 2,488,707 2,377,063 3,454,482 2.238,380 + 54.3 2,431,714 2,052,798 010,017,029 477,067,139 + 27.9 461,275,637 553,896,775 Colorado—Colorado Springs Pueblo Total + 23.3 2,032,515 + 24.9 8.600,829 9.480,724 6,746,785 + 24.5 6,185,564 6,102,435 30,493,666 25,980,503 + 17.4 25.832,591 25,125,591 Dallas 12,376,948 12,680,630 Fort (10 cities) 8,137,349 2.661,218 9,056,408 . 471.760 12,883,588 2,311,978 803,853 597,570 15,993.055 _ Missouri—Kansas City St. Joseph.. 2,061,596 12,692,490 + 16.0 27,355,800 + 14.2 26,333,700 28,360,400 1,669,742 1,461,615 + 14.2 1,486,031 1,408,321 679,788,326 564,599,195 + 20.4 553,670,081 Eleventh Federal Reserve District—Dallas— Texas—Austin 31,243,800 42,956,500 568,632,374 10.149,344 9,213,677 + 10.2 8,593,666 7,415,554 318,484,393 237,578,516 + 34.1 239,103,752 34,030.917 25,796,572 + 31.9 25,741,588 264,472,000 29,902,679 Worth Galveston Wichita 46,644,116 7.9 36,635,716 4,112,752 3,270,624 + 25.7 3,209.297 3,073,556 109,351,557 81,704.017 + 33.8 80,338,018 93,768,283 1,852,176 + 23.6 2,633,631 2,015.555 8,435,193,901 17.941,395 15,255,707 18,645,087 13,528,346 a Newark Northern New Jersey 37,274,020 , 4,603,332 ...... Missouri—St. 11,310,452 27,343,364 Rochester f 61,673,446 4,113,036 3,997,934 1,846,973 — Sioux City. Illinois—Bloomington— 6,197,134 3,201,047 69,782,235 5,109,748 - 2,807,662 89,801,635 . — Iowa—Cedar Rapids Des Moines Hastings Inc. 4,882,654 Jamestown New York 1,359,681 9,359,757 Nebraska—Fremont 2,289,689 Elmira - 5,021,253 _______ . 1,383.142 + 24.1 6,743,497 — 67,812,000 _ _ Wisconsin—Milwaukee- 2+** Chicago. 6.1 11,287,437 7,547,862 - 1,906,284 14,009,976 — Rapids Tenth Federal Binghamton. Buffalo 96,157,019 -r cities). 6,677,000 Falls Total (6 5,935,000 + 12.5 9,243,000 58,072,885 65.451.398 8*783,992,159 — 1,872.582 23,779.152 5,082,348 + 11.4 4,023,750 3,779,935 10,592,979 + 19.8 14,049,212 10,911,940 387,687,161 cities). 294,199,092 +31.8 300,754,968 322,153,108 110,760,249 105,032,446 "Twelfth Federal Reserve District—San Francisco- Washington—Seattle - + 36.8 3,679,053 4,024,722 139,481,553 + 15.3 138,995.354 156,410.805 54,361,264 + 27.0 55,021,290 12,906.557 61,620,703 City California—Long Beach 2.165,207 2,422,182 + 15.2 6.811,514,040 7,179,718,905 23,282,349 + 17.4 21,055,949 22,972,024 San + 17.6 14.029,933 12,536.934 Santa + 37.8 13,832,268 12,142,732 878,017 964,949 Pasadena- 21,986,036 + 26.9 45,880,972 + 25.8 55,067,092 54.061,279 7,605,304,667 + 15.5 7,086,479,091 7,450,291,353 __ 17,303,946 Jose __ 16.626.602 11,366,999 r. + 27.1 Grand 12,108,587 3.6 10,744,870 11,280,323 + 23.9 382,086,705 418,056,517 + 46.3 + 11,782,347 13,136,756 6.144,155 5,863,186 + 4.8 4.694,322 4,996,345 10,729,357 Barbara 8,818,395 + 21.7 9,079,064 8,768.042 934,814.536 752,482,984 + 24.2 739.749,811 795,435,246 17,067,316,223 14,320 664,792 + 19.2 13.810,914.819 8,632.122,322 7,001,531,683 + 23.3 6,999,400,779 14.671,130.938 7,491,412,033 _ .•v.: _ Stockton Total 15,692,786 385.912,360 _ (10 cities) : 42,951,903 52,047,633 _ 16,261,521 477,957,798 45,747,812 + 36.5 3,154,150 160,851,201 69,034,346 _ Utah—Salt Lake 7,319,133,109 110,528,345 4.314,090 Oregon—Portland + 30.7 823,223 150,909,430 Yakima 1,899,449 5,671,000 5,659,352 12,686,155 Louisiana—Shreveport. Bocond Federal Reserve District—New York- New 4,931,210 4,139,087 95,729,109 figures for each city for the years: 14,725,235 — 70,948,927 4,781,797 Mobile 2,541,623 Hampshire—Manchester- 22.667.823 236,400,000 4.917,060 Montana—Billings New Haven Total (12 cities) ; 56,906,291 219,800,000 Mississippi-L-Vicksburg 8,401,177 New 19,056,454 + 15.9 + 21.3 Alabama—Birmingham Ninth 1,159,374 Island—Providence—. + 24.1 71,747,454 124,176,497 540.695,324 455,686,020 « II Worcester. fibode 20,716,417 1,069,505,257 588,550,755 2,092.738 Connecticut—Hartford 435,839,901 661,080,172 1,186,722,972 567,063,233 * 78,934,528 5,678,617 Tennessee—Memphis Illinois—Quincy 5,577,968 Bpringfield 3,951,327 218,810.833 >. 223,700,000 Macon Wichita. * 423,658,341 443,793,111 25,718,307 Kansas—Topeka • 4,280.887 74,976.635 +19.6 3,165,509 204,240.£44 20.2 + Eighth Federal Reserve District—St, Louis— 976,868.500 2,509,318 New Bedford- + 18.2 + 16.5 91,822,249 530,905,453 Kentucky—Louisville 914,132,663 3 LfOwelL——,_v, 3,933,892 217,793,039 110,411,525 Augusta 568,632,374 + 18.9 1951 _ 13,148.000 117,829,704 3,055.889 83,129,161 7,450,291.353 924.715,706 Clearings at— Pall River— 12,727,000 124,377,686 23.0 271,400,000 553,670,081 Week Ended Jan. 13 Mftfsachusetts—Boston + 26.6 + 24.3 + 253,755,915 Nashville 7,086,479,091 If 2,460,095 12,283,000 115,495,836 4,657,032 (6 cities) + 15.5 detailed statement showing the Portland 4,154.235 15,549.000 143,505,427 + 20.4 8,632,122,322 Utalne—Bangor. 34,173,100 6,506,343 351,003,079 cities) 564,599,195 II 13, for four 34,371,400 9,053,110 6,260,845 7,605,304,667 1,009,968,895 Outside New York City_. 182,190,660 330,524,851 + 24.5 1948 1,099,206,200 112 cities 166,645.887 334,038,707 40,620,200 Columbia—Washington.. Rockford 387,687,161 -10 + 27.5 + 32.8 11,205,689 Springfield $ If Francisco- now Dec. % If 10 Total We 1949 or u Jlth Dallas JL2th $ t 168,740,071 283,340,303 Carolina—Charleston—' Total Inc. <1 4 - City District <> 17 - Oth Minneapolis— Kansas 6 - -10 Bill St. Louis XOth 7 - Reserve • 1 8,783,992,159 7,601,191 215,109,815 376,303,727 Georgia—Atlanta CLEARINGS 1950 679,788,326 — — Francisco by Federal Reserve Districts: BANK $ Philadelphia 4th OF 1951 976,868,500 9,465,540 Federal Grand San 914,132,663 23.3%, the (including this city) the totals register and in the +18.9 Florida—Jacksonville In the Chicago Reserve District the totals show Dallas Reserve District 31.8% 924,715,706 appear the week enlarge its totals by 27.5%, the Richmond Reserve District by 19.6% and the Atlanta Reserve District by 23.7%. 5,775,534 1,099,206,200 Sixth Federal Reserve District—Atlanta- improvement of 15.5%, in the Boston Reserve District of 20.4% and in the Philadel¬ phia Reserve District of 18.9%. 6,809,933 + ' •• present further below we according to the Federal Reserve Districts in which they it appears that in the New York District 9,164,490 3.2 Tennessee—Knoxville as Outside of this city there was a gain of clearings at this center having recorded 9,484,263 7,924.579 Maryland—Baltimore clearings for the whole country having amounted to $17,067,316,223 against $14,320,<>64,792 in the + 16.9 8,176,728 Virginia—Huntington—. South not available at time of going to press. however, which was 10,261.738 4,573,150 —_— (7 + 18.8 give final and complete results of the previous week ending Jan. 13. 4,555,267 Virginia—Norfolk +11.3 Accordingly in the above, the last day of the week in all are + 37.2 *12,000,000 (11 cities) Total Complete and exact details for the week covered by the foregoing will we 4,493,387 Richmond 675,997,424 r-'~; In the elaborate detailed statement, 2,556.883 | + 19.1 $17,812,424,345 $14,995,572,834 are 2,592.056 Pennsylvania—Pittsburgh + 19.4 $17,060,118,242 Saturday and the Saturday figures + 13.0 Federal Reserve District—Cleveland— Total «nds 2.053,920 Jersey—Trenton West We 4,207,796 3,450,394 6,165.602 + 19.1 2,758,202.020 - issue of next week. 939.000,000 + 16.0 'Estimated. our 875,000,000 — District fn + 19.0 — Columbus +40.4 3,292,813,515 Total all cities for week 883,000,000 921,534 3,287,744 +24.6 340,929,930 $13,767,304,727 All cities, one day 3,333,012 Cleveland +26.4 278.151,584 - 2,994.160 Mansfield 332,904,975 L Total all cities, five days 0.1 Youngstown 478,712,209 days- — 5,336,584 Fifth Ten Cities five 1,138.284 3,845,974 + 17.8 + 19.1 — other Cities, five days 1,260.817 + 23.0 +22.8 - - 1,295,520 933.451 5.5 3,154,974 281,262,220 — Cleveland Baltimore 1,323.333 + 16.8 + 5,445,836 297,800,000 468,718,000 31.1 + 3,715,114 365.800,000 Ban Francisco 1.126,391 1,215,989 ———... *335,000,000 - $ 1,051,000,000 Reading Cincinnati +25.0 Kansas City 1948 $ 1,192,918 Ohio—Canton +19.4 617.832,625 St. Louis 1949 1,419,904 Philadelphia Fourth +28.0 - Vc 1,259,067 3,844,091 ' Delaware—Wilmington +16.1 - Boston or Dec '/* $8,G46,133,644 —- Inc. $ 1.476,530 ,~J. Lancaster Wilkes-Barre— Our comparative 1950 1950 District—Philadelphia- TELEGRAPH Week Ended Jan. 20— New York Chicago Reserve Chester-.—v..' Total BY 1951 Pennsylvania—Altoona———. New CLEARINGS—RETURNS Monday, January 22, 1951, . Scranton—6,698,770 At for the week follows: nummary Third York gain for the week ended '<■ ■' '■ Bethlehem—.—— week ended $17,812,424,345 against $14,995,572,884 for the center there " , $ tor all cities of the United States for which it is possible to obtain weekly clearings total stands at ; , telegraphic advices from the chief upon cities of the country, indicate that for the . Week Ended Jan, 13 THE COURSE OF BANK CLEAR1NCS Bank . Total (112 Outside New York 'Estimated, cities) JNot available, a Now included in Newark, N. J. kVoluine 173 Number 4979 . . PARTIAL record for the week just passed: FOREIGN EXCHANGE CERTIFIED RATES -..V :/ RESERVE FEDERAL BY JANUARY JANUARY TO 1951 12, BANK ACT TARIFF UNDER TREASURY TO INCLUSIVE 1951, 18, Ashland 1930 OF Central 1st Value Country and Monetary Unit Preferential Free —i India, $ .200000' .133333' .0710333' .0711000" .0710333' I. .0715000' >:« 2.231075 2.230577 peso guilder 1 2 Mar 1 • 16 200 4%%, $100 par, cum. preferred stock-Jan 22 $2128 .0544060 .0544060 33A% .949375 .950625 .952187 .950859 Elgin, -.208500 .208500 .208500 .0280600 .0200600 .0200600 .144938' .144938' .144938' .144938' .00285625 .00285625 .00285625 .00285625 .115640 .115640 .262357 .262350 .208700 Norfolk .238379' 2.772277 Straits Settlements, Sweden, krona .140154' .140154' .496250 .496250 .496250 .496250 Sun .0348000 .0347291 South Africa, pound Kingdom, pound sterling Uruguay, peso Uruguay, peso Uruguay, peso .328500 .328500 .328500 .328500 .193269' .193269' .193269' .193269' Toronto .233200 .233200 .233075 .233100 Wood 2.783750 2.783750 2.783750 2.783750 5% 2.798750 2.799414 2.799960 upon 9 Feb 15 106 Feb skg. 1 15 ♦ Feb 1 10 bonds, fund 1975 Electric & Co.— . . Feb 1 10 1961—Feb 1 107 bonds, due 1954 Feb mtge, 5% bds, series A_Feb 1 26 $2225 $2225 debentures, due 2nd mortgage Housing Co., Ltd., .658327't .561797"t .561797"t .561797't .425531"t .425531"t preferred stock ISSUE convertible cumulative .425531'$ Mar Terminals sinking fund gold bonds— 5Vs%, due 1972 * 5%, due 1973 Series C, 4 Vg %, due 1977— mortgage Series City and increased $51,000,000 in Chicago; there net decrease of $102,000,000 at all reporting mem¬ Reserve Banks Combined (In thousands of United dec, (~ -) certificates Redemption 20,664,402 fund for F. 1,981,029 — 586,245 gold ctf. reserves 38,172 + ■ 1,942,857 42,572 - - 21,250,647 Other cash— Discounts 2,570 — ; 26,773 + 3.731 14 + 1,200 Industrial loans 3,301 Govt, securities: Bills 1,257,964 + 146,100 Certificates Notes — 14,793,451 Total U. S. Govt, securities. + 118,300 4,746,925 • Bonds + 72,550 20,798,340 + + 336,950 + preferred 2,926,653 Gen. Total Joans F. from R. Notes Uncollected Bank and securities.. 20,901,999 foreign banks of other cash banks.. items; 183,555 + nounced Borrowings decreased $186,000,000 in New York City. A summary of the assets and liabilities of reporting 2,974 + 1,064,194 Jan. 10, : •>* 159 + 6,219 Loans + 7,338 + 1,944 70,824 Loans—net 46,866,389 + 1,178,082 + 2,108,558 Liabilities— Loans Reserve notes 179,738 23,161,401 + Member S. bank—reserve acct. Treasurer—gen. 18,587,018 acct.. Other + 105,009 — 904,410 Foreign + 209,474 .... — 1,084,806 + 1G7.595 — 46,820 105,616 — Other 27G.284 1 deposits 19,805,911 Deferred Other availability items... liab., incl. accrued divs. + 3,012,526 + 6,978 + 45,986,816 + 858,415 + 494,429 + 533 loans— 577 5,287 — S. 424 — _ 5.886 33,046 securities—Total Government Treasury bills Treasury certificates Treasury liabilities 1,173,639 + 2,076,090 notes .. — Capital Accounts— U. Capital paid in Surplus (Section 7) Surplus (Section 13b) 226,785 Other 115,223 capital + . '% 13,596 Other + 21,849 Reserve Cash 27,543 accounts..: + 3,997 2_,977 — Class A 6,981 B - 2,368 - _ ______ 4,067 25 4- 44 79 4- + 1 1 4- 6,486 12,923 * with Federal Reserve Banks in 890 vault with Balances domestic 2,422 banks 46,366,389 + 1,178,082 + Demand Ratio of gold to serves, note certificate deposit and F. R. liabilities combined Contingent liability on purchased for ances trial to U. 49.5% 0.9/0 6.6% — foreign deposits deposits, 869 + 16,680 demand Interbank 28 + 513 — — — + A during 156 $5 Condition Statement of Member Banks figures (San 1-19 3- 1 2- 2- 1 1-22 2- 1 preferred 1,418 $1.20 4,874 $5 — — 67' 79' — 4— 15 — 4- — 631 Atlantic Coast Atlantic 3,137 1,431 44- preferred $4.50 7 105 4— 277 of 2- 1- 8c 2- 1 1-15 3- 1 2-15 2- 1 Mills, 5 1-15 5c (monthly) 2-21 2-12 3-21 3-12 50c 4- 2 3-19 50c 3- 1 2-20 37 Vic 3- 1 32 Vic 2- 1 "l-24 $1.1834 3- 1 2-15 Corp Inc., common — $1.50 convertible preferred (entire issue called for redemption on March 1 at $25 • Shoe S.) (A. Corp., preferred 13 4- 184 Ber.sonhurst + 219 National Semi-annual Hill Buda 35c (quar.) (Bklyn., Banx N. Falls 2-15 2- 1 Y.) & Co., Inc. i 1-22 3- 3 2-13 5 50c 1- 3- 2-17 15c (quar.) 1-22 25c —— Co. 2- /:5c (quar.)—. (s-a) Co Company 2-15 1 2- 1 20c 2- 6 1-25 SI 2- 1 1-12 2-15 1-31 2- 1 1-15 15C 1-22 1-19 50c 2- 1 1-15 25c 2- 1 1-15 30c 2- 1 1-15 1-15 ... 4% Inc., Jackson Byron — $1.50 Co. Rubber Bullock's, (quar.) : (Sidney) Bobbs-Merrill — common (quar.) Co. Heminway Blumenthal dividend) this share plus per Beck Belding District). $1.13 ....... 1 2-26 — Works Iron 462 26,213 (quar.) California Monthly Bath 3,166 807 Co. 99 — 2-13 5c Oil Basin 4- 822 2-26 3-12 (monthly) Common 51 70' 4— 3-15 933'4c Refining Co., 3.75% pfd. B (quar.). Mills, common (monthly) 520 4- 2-26 3-15 Avondale 4- 14' 4- 3-15 3-15 30c __ (increased) RR. Line 3-30 50c (quar.) (quar.) —n—... (quar.) preferred 3-15 $1.25 pfd. com. 6,804 452 — Co., (quar.) 5,698 4 122' — preferred 1 1 $1.25 4- Refining & 1-22 3- 4- 15c (quar.) Ashland Oil 9 3-15 30c $1.25 Arkansas Natural Gas Corp., 6% except Francisco 1 62'/2 C .1 (quar.) common 908 Brown revised 1 2- 8c Co., 207 week 3 1 3- 15c quar.)-, Edison Buck 'Jan. 3- 3-15 Inc.— 4* 102 — — — 370 accounts, 3- 3-15 $15c —— 4- 248' — : accounts, 3-15 25c (quar.) * (quar.) preferred Arizona 43/4 ','n Govt, Bottle 9 — 1,396 Interbank 1 50c '$1 7 4* 10,399 banks 1-31 50c _____—_— 86 + — deposits: banks demand deposit and U. S. to 51,306 15,657 1,214 Borrowings Debits 2,417 adjusted except government deposits Government Foreign + indus¬ loans S. Domestic 25,911 make — accept¬ correspondents Commitments Time re¬ 2-26 2-15 Common Liabilities— 2,108,558 2- 3^10 Corp.— Trap Co. of America, (increased quar.) Animal Beaunit Total liabilities & cap. accts. 1 2-20 (quar.) Thermos American 180 12 — — 9,184 21,494 — securities preferred 2-1.5 1 5C (quar.) + & 3- 4c —— (quar.)— Class indebtedness- _ bonds S. + 446 510,022 of Holder* Payable of Ret. 50c — quar.) Chemical American + • Total Potash tinitial 6,910 5% 162 obligations _ Co. 3,467 Class 987 loans U. an¬ follow with When 87 Vic (quar.)_ (quar,)_ Furniture purchasing or carrying: banks— to we Anglo-Canadian Telephone Co.— securities estate Other 455,409 1,193 Chicle American 65 — pfd. 3 Vi % Shares, (irreg.) American pur¬ - Government Loans 1,558,250 — S. Other 260,462 Real Total for loans U. 5,229 dividends the Then Share Inc., 4- 120 + obligations Government S. Other securities 2,100.225 — Business $4 487 for dealers and all show the payments previ¬ we Name of Company + v 125 — 17,924 U. Deposits: U. 388' — 31,734 brokers to in which Airlines, chasing or carrying: 63,624 > grouped in two separate are indicate we during the current week. American and agricultural industrial, loans , Federal __ 31,292 Loans—gross Commercial, 172. DIVIDENDS American Jan. 11, Jan. 3, . Investments—Total and + "205 $Volume issue. ously announced, but which have not yet reached their payment date. ., 1951 1951 <'if 1950 (In millions of dollars) v y Assets— 40,242 assets this ' dec. (—) since 20,715 + in May due 2014 Per member banks follows: 14 818,283 1 Co.— second table a 1 $2383 $2223 income bonds, series A, the, first In 1 prior pfd. stock—_Feb of San Francisco, RR. V tables. 105 8 Feb stock Dividend announcements and $43,000,000 2,931,584 — : Pacific mtge. 4V2V0 the Cleveland District, 103,464 assets Total 364,434 ^r.r; — 4,033,542 premises Other + 24 Co., 'Announcement Inc. (+) or Due Cement Union Lumber Co. deposits adjusted increased $14,000,000 at all reporting member banks; the principal changes were in¬ creases of $54,000,000 in New York City and $40,000,000 in the Richmond District, and decreases of $55,000,000 in 2,387,225 Jan preferred stock Mar 1 preference stock, series B-Jan 23 cumulative 6Vi % cum, Demand 14,242,751 — A Western decreased in most districts. + 27,470 stock—^ preferred Riverside 6,398,450 33,414 + $2380 Co.— convertible Monsanto Chemical Co., 2,530,423 + 100,358 advances Series $44,000,000 in th€ Boston District, in the San Francisco District. Time de¬ posits increased $70,000,000. United States Government deposits and demand deposits credited to domestic banks 352,916 and 1 31 1 1 1 Merritt-Chapman & Scott Corp.— York New sinking fund debs, due 1959 Resistance cumulative banks. R. , Total S. 40,002 — 18, 1950 ' notes U. Jan. 1951 1951 Assets— Gold since Jan. 10, 6% City and $36,000,000 in Chicago, and in¬ creased $28,000,000 in the Boston District; there was a net decrease of $79,000,000 at all reporting member in Inc. ( + ) or International Holdings of Treasury notes decreased $67,at all reporting member banks. Holdings of States Government bonds decreased $56,000,000 2 2 2 200 Apr Apr Apr Mar B, Greyhound CorR. 3% banks. 000,000 dollars) Jan. 17, a ber • $2378 Co.— Series A, was Pag® Mills, Inc., $1.50 dividend convert, pfd. stock—Mar 1 California Packine Corp., 5% cumul. preferred stock—Feb 15 1st Statement of Condition of the 12 Federal , Date Company and Issue— type of merchandise. York 1 Beaunit Cleveland Union 10 CALLED ENTIRE .561797'$ .425531"$ 1st Newspaper Machinery Corp.— .658327'$ ,658327't .658327't .425531'$ tApplication depends Apr 2.799726 Closed 2.798750 .658327°$ _ Feb convertible inc. bonds, due 2014 due Gas 10-year 3Vi% .561797*$ — Newark, N. J.— stock Ray Drug Co., 15-yr, 3%'% Crafts Building, Inc.— .0348000 2.783750 __ bonds, j, Textile .0348000 .232900 of United •Nominal. 15-year .140154' .328500 .193269' I 1st mtge. 3V\ % Co. bonds, series A, 3V*%, due 1970 Milling Co.— " 3Vi% sink, fund debentures, due 1961 Standard , .140154' .0348250 franc 1962 1st mortgage .496250 __ due Ry. Co.— 5% series Southwestern .140154' dollar Ry. preferred Southern 2Ve % .262366 2.772277 debentures, fund Eastern & stock pfd, Pet Milk Co., 4 Vi%* preferred stock Southern Union Gas Co. 1st mtge. .115640 .262366 2.771658 2.771039 Closed 2.771039 Joliet $4.20 cum. Corp.— Fraser Cos., Ltd., " Zealand, pound Norway, krone Philippine Islands, peso Portugal, escudo sinking cumulative $4 .208700 .115640 '?■ Packing General mtge. : , ..Feb A, due 1970 Firemen's Insurance Co. of .208500 .238379' Co.— bonds, mortgage series .0200600 .262360 « * New Union * Feb .0544060 .115640 * Switzerland, 1 .0544060 .208700 Dominion of, rupee Netherlands, * Mar Terminal Union Deerfield - > . $2219 .0194250 .208700 102 . 15 .0199750 .238379' ; $2218 .0194625 • 1 _ mtge. bonds, series L 3Vi%, due 1970 1 .0199875 .238379' Feb / . 1975.... 1 .0194437 .208700 ' , due 1st mortgage, series D, skg. fd. bds„ due 1962_Mar Connecticut River Power Co. 1st mtge. 33/i% bonds, .0199812 .238379° deutsche mark 198 102 .0194750 .144938° , franc Co.— series, Co.— series A, due 1961 Crown Zellerbach Corp. .00285625 krone 1 12125 .0199875 » 1 Mar 4Va% 2.231075 .0200600 koruna (Metropolitan), Mexico, \ .133333' .208500 rupee Germany, yU. Jan. 18 : • V 101 1 1 .950625 Czechoslovakia, France Jan. 17 ':lhV'l'. Gas & 3% Power gen. first .0544060 __a dollar Denmark, ' 1 Feb 1 .0195000 __ Brazil, cruzeiro Ceylon, 11 Feb Feb .0199791 Notes Canada, 1,1 • .133333' 2.230079 Closed rX:$%"y- .2.230079.' ;:•! Belgium, franc Bank 1' • $ .200000' .0708333' ; Australia, pound .11 £ .200000' .133333' .„ y'%: Jan. 16 '■'■■■ ■> Electric Maine Cincinnati .200000' ■ Illinois '<\X 3% % .133333' ,200000' ? 197 Co.— series E. due 1969____.Feb Chicago, Burlington & Quincy RR. Co.— 1st and refunding mortgage, series of 1990, 3% bds._Feb Chicago & Western Indiana RR. Co.— Money s $ Basic;; Refining mortgage bonds, Central 1st and Jan.15 Jan. 13 Jan. 12 Argentina peso— United States In & 6 , ,v Buying Rate for Cable Transfers in New York Noon Oil Page ..Feb 20-year 3% sinking fund debentures, due 1965 Brooklyn Borough Gas Co.— 1st mortgage bonds, 3Vb% series, due 1970 Carolina, Clinchfield & Ohio Ry.— :: . 1st mortgage 4% bonds, series A due 1965 ' ,;v• ■; Date » * Allegheny Ludlum Steel Corp.— \ $4.50 cumulative convertible preferred stock 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 a REDEMPTION Company and Issue— Foreign Exchange Rates give below 43 (419) The Commercial and Financial Chronicle . Co. pfd. (quar.) (quar.).. 50c Caldwell Linen Mills, Ltd.— The banks condition statement of of the Federal weekly reporting member Reserve leading cities shows the following principal changes for the week ended Jan. 10: Decreases of $125,000,000 in loans, $248,000,000 in holdings of United States Government secur¬ ities, $122,000,000 in reserve balances with Federal Re¬ serve Banks, $452,000,000 in balances with domestic banks, $105,000,000 in United States Government deposits, and $822,000,000 in demand deposits credited to domestic System in banks. Notices Below will be found a Common list of corporate bonds, notes, and common stocks called for redemption, those called under sinking fund provisions. date indicates the redemption or last date for mak¬ ing tenders, and the page number gives the location in current volume (except where indicated) in which in industrial, all districts and and a agricultural loans total of $65,000,000 at in¬ all reporting member banks; the principal increases were the details were NOTICE OF TENDER Associates, 1st mtge. $9,000,000 in New York City and $8,000,000 each in the Boston, St. Louis, Minneapolis, and San Francisco Dis- preferred (accum.) Water & Telephone Co.— (quar.) $1.25 $1.40 Canada Canada 60c Ltd., Ltd.— Cement, Foils, participating Castle Page (A. M.) & common class A Knitting Co., Ltd. & Fuel Securities bonds, 2nd series, 33a% due England Theatres, Inc.— mortgage bonds, due 1958 trust tricts. 1st Tennessee Coal, Holdings of Treasury bills decreased $78,000,000 in New General 1974— —Jan 22 200 convertible preference Jan 26 9 Jan 23 107 Iron & RR. Co.— mortgage gold bonds, due 1951 South West Corp. preferred *1947 1-30 3-15 2-28 series) 1 1-22 2- 1 1-22 22 V2C 3- 2 1-31 1-31 1-25 "$1 — 2- 11%C 10c (quar.) Cherry-Burrell Corp., common 4'% preferred ^quar.) 4%.. 1-31 2-10 37 Vic (accum.) (initial).; preference convertible & 2-15 Corp.— $1.50 Central 2-19 $50c Poli-Ntw Gas 1-15 3-20 30c (extra) 1 $15c (quar.) 1 2- $32 Vic Company(initial quar.) 2- 35c (quar.) prcf. (quar.) — $1.30 $1.40 & collateral , 31V4C (quar.) convertible preferred preferred Central-Illinois Date ... preferred (quar.) $1.20 (quar.).— preferred .Celtic Company and Issue— Eastern Corp,— Trading Pacific $3 8c (quar.)—... $1 New given in the "Chronicle." preferred convertible California preferred including The 1st California SI.50 the Commercial, creased Redemption Galls and Sinking Fund $1.50 1-31 1-25 *1 1-31 1-25 _____— • iquar.).—— _ V-" v _. T'-:1' ■, 44 (420) Per Name of Company Holder» When Share Class A Chicago stock Mill trust 61 Service City Products City Title certificates Lumber Co. Corp. Bottling Co. Y.) Class A $1.20 preferred Collins (quar.)____ & : $1.50 B common Consumers A Raynolds, Stock Class class * dividend B (quar.) Stock A Finance Oil Dun & Dwight (Frank) Firestone First Stock Realty Firth Carpet Co., 4%% preferred . Floor Corp., Freiman Fullerton Fulton Oil r & pfd. $1.50 7% (increased (H. Grace Great 5% convertible . "Guardian Haydock - Extra 6% Bay & Huston Co., (quar.) Co. (quar.) Zinc Industrial Stock 3- 177 2-15 Panhandle Eastern 1-23 1-15 Common 1-23 2- 1-23 1-27 2- 1 1 1-20 2- Pleasant 2-14 Portland 1 1-20 1 1-20 Provident 1 1-20 Provincial 3-15 1-26. 1-19 preferred $1 3-21 2-31 75c 2-1^*1-15 1-26 2-15 1-30 1-31 1- 9 A 1- 9 (quar.)__ pfd. 1-31 115c (quar.)__ Peanut 2-23 :„i Keystone Steel Knickerbocker Ltd., common <s-a) Co., iquar.) 7% 2nd (quar.) Secord Shops, Cement Ltd. Co. iquar.)___ (quar.) Class A B Co., 3-31 3-20 4- 2 3-15 Shellmar 30c 2- 1 1-22 Shirrlff's, 2-15 2- 5 2-20 2- b 3-12 1-29 Sibley, Lindsay & Curr C6. 2-28 1-31 Eilverwood Dairies, Ltd., 3- 2- Soundview 1 2-10 24c A (quar.) 3-15 3- 4-16 3-15 South (s-a) Ltd., Corp. 5% Optical Co. (increased Co. Steel (quar. I Corp., (quar.)___ preferred Co. Bend Lathe Marhieson Chemical preferred McCord Southwestern 3.70% Works preferred 3.90% preferred $2.50 Corporation, preferred McGraw Electric Meadville (quarZ>__IIZI IIII (quar.) Steel Minneapolis RR. Tube Gas Mississippi, Valley Co. Products II Co. (increased) 3- 1 I Ma/- 1-16 2- 2-15 2-15 1 1 1-16 3-50 1-25 (quar.)___ 2- 1-19 (quar. ) 1 97 Vac 2- 1 (quar.) $1.03% 2- 1 (quar.) $1.10 2- 1 2- 1' 1-16 2- 1 1-16 3-30 3-16 Increased Stein (A.) 3- 1 One 3- 5 3-10 2-16 2-20 Struthers $1.25 1-31 5 2-15 3- 1 2- 4- 2 3-15 5- $1.75 1 1-26 2- 1 Corp., preferred 2 Twin (quar.) i 2- 1 Union 9 U. S. Fire 2-28 2- 9 U. S. Hoffman United 6 6 31M4C 1-17 Asbestos Co. Rubber preferred Utilities Iquar.) (quar.) & 2-15 2- 5 Washington 2-15 1-29 Extra 2-15 1-29 Waterloo, 2-15 2- 5 Wellman 9 Westchester 2- (quar.)_ ___ (quar.) 1-19 50c 62M>c ioc $25 2-1 $1 25 2- 1 2- 1 1-19 1 20c 3- 1 2-15 (quar.) 25c 2- 1 $1.12 Ma 2-15 2- 1 75c 2-15 2- 1 15c 2-15 1-25 2-15 1-25 2-15 2- 1 2* 2 Falls & Northern RR Engineering Co Insurance Fire 1 1-17 We.-t 2-14 5%. Wilson 3-15 Pacific Lines, Wisconsin 1 1-22 2-15 1-31 6% 2- 1-19 3.60% 1-12 RR. Stores, convertible Co. Inc., preferred 5% 1st (quar.) preferred 5% Public preferred 2- 1 1-15 2- Wrisley 1 1-15 4% (F. (Allan (quar.) Corp., (quar.)___— W,) B 1 & Co., Company, preferred. 1st series „ Refining preferred, Ltd. common ______ Ltd. (final) preference & common— (quar.) Mfg., Baldwin Mfg. Oil Co.. Bathurst Class 1-3 2-1 1-9 2-1 1 1-31 J$1.12l/2 3- 1 1-31 1-25 1-12 2- 1 1-15 25c 2- 1 1-15 $1.75 (quar.) 4- 1 3-1 75c Co.— —_____— Ry., $1.50 Beaux 3- 1 1-26 12-29 2-1 $1 -2-1 1-4 $1 2-1 1-4 $1.08% B 2-1 1-4 93%c 37M>c (quar.) (quar.)_ $1 1-4 2-1 r 1-5 2- 1 1-17 2- 1 1-19 $25c 2-1 1-3 75c 2-28 2-15 5-31 5-15 t$1.37Mi A & Co., preferred 10c of N. Y. 28c 2-15 1-31 Berland 25c 2- 1 1-15 $1.25 2- 1 1-15 Foods, $6 Mfg. Co. 3-1 2-1 t$l 3-1 2-1 3-1 2-1 2-1 1-4 1st pfd. (quar.) 2-1 1-4 45c 2- 1 1-15 $1.50 2- 1 1-18 (s-a)__ 2- 1— 1-18 2- 1 1-10 15c tlOc 3-1 2-9 3-15 2-15 50c 1 Ltd. ^5c +$1 — 1-25 (quar.) 1-15 43%c 1-25 12-29 10c S3 1-31 1-15 15c 1-29 1-15 12V2C 1-31 1-20 30c 1-31 1-20 (quar.) 50c 2-15 1-25 (quar.) 50c 1-23 12-29 Co. (quar.) (quar.)_ Stores. A 1-31 1-15 Inc.— (initial Inc. 1-29 1-10 25c (quar.) preferred Company 1-19 1 1-22 Inc.— Benrus & 9 2- 25c is-a) (quar.) Mines, 2-15 Best 2- 10c *$1 Works Shoe 1-15 Ltd.— \ Quebec common 1-15 1-25 t50c Apartments, preferred 1-18 1-25 10c — 1-29 15c • Paper Products, 6% 1-16 20c $1 Bank Ben-Hur New 1 56y4c —N ; Watch 2- (quar.) Inc common Corporation prior 1-19 (quar.) Iron $1.75 1-19 1 (quar.) — prior 1-15 1 2- preferred "B " (year-endl Arts 1 2- (quar.) (quar.) B 2- 10c 30c common...'. preference Quarterly Binks 1 $1 conv. Belmont Best 1 3-2 2- 7-' Co., Ltd., cojnmon Belknap Hardware & Manufacturing 1-23 4- $2 common. $2.50 Extra 1-23 1-9 3- 22M»c pref. common Bayside National 1 1-10 2-2 - Power Baystate 1 1 1-25 3-2 fl5c Extra Class 2- 2- $1.12Mi iquar.) Co. Co., preferred 2- 1-15 1-17 25c _ __: Barcalo Basin $1 1-20 1-25 1-24 t25c ± Telegraph & prior $2.25 Rubber Extra 10c 1-31 f56'4c Co., Inc.. convertible 1 2 7'/a 7o 6-26 12-31 75c 3- 1 , * (increased quar.) Axe-Houghton Fund $3 5 2-15 Co.—• (quar.) 4% pfd. A (resumed) Corp. Nichols $1.20 % 7- ' 6-26 Wiborg Proprietary, Ltd.— 5Mi% Avco 5 !• 4 $1.12M> series Steels. & 7- • 5c (quar.) Co. Beneficial Corp., com, $6 preferred (s-ai 3- 1-17 1 $2.25 (quar.) 4-16 $1.50 1-17 7^ 75c (quar.) preferred Tack 2- 75c (quar.) 4-30 30c _______ (quar.) Service $2.50 $1.25 (quar.) 90c Power, common (quar.)____ preferred Wisconsin (s-a) 1 $1.50 preferred Belleterre 3iy4C Electric preferred Wisconsin Power & Light Corp. " (increased)'- com. 1 2- ; Iquar.)__ Beaver Lumber (quar.) 2- 1-12* 20c Electric Co., 3 3 Woolwcrth 3qc 2-15 1 2-28 3c„ (quar.) 2- 3- 1- 2-27 1-26 2-15 $1.06 »/4 2- White's Auto 1-26 $1.50 1-18 2- Western 1-31 2-15 1-17 5 2-10 Corp Corp. ; 2-15 5 15c 1 2-15 3- 26M4C 1 10c 1-19 1-31 3- 2- 50c (accum.) preferred Powder Austin 9 15c 3- 1 1-17 17 Vac 3-30 2- 3- 1 15c ; Cedar 3-30 3-30 Co Terminal Steel 2 1-1F 1-26 $1.25 Plywood Corp. Ault. 2-10 4- Virginia Pulp & Paper Co.— 4Mi% preferred (quar.). 3-20 • Sugar City 3rd $4 Warehouse & 2-26 7 2- 1 Quarterly 2-19 40c 1-15 2- - (s-a) preferred Atlas 11-30 2-28 1 quar.) (quar.)__ preferred 2nd 1 8-31 12 Mac Utah-Idaho 1 6- 1 Corp.— (quar.) 1 2 1 $1.06V4 Specialty preferred 1-17 2-28 7- 10- 1-2-52 Corp.— 1-24 4- 1 60c 2- 2- 1 3- 2- (quar.) preferred Atlas 1 2- 1 25c (quar.) Machinery convertible (resumed) Co. Co. 3-12 45c 2- 5 1-19 40c 20c Co. Telephone Atlas ' & Insurance 2- 2- 2-15 34- 2-20 co.»::non_ Atlas 1 12 Vac Universal Cooler, 6% partic. pfd. (quar.)___ Universal Pictures Co., Inc., 414% nfd. 35c 2- 75c i_. Co City Rapid Transit 5% 2-15 1 2-1 Corp. (extra). Telephone Co., Ltd.— 1st 3.75% ~35c & preferred Atlantic 40c tspecial Products 2- 2- common 3- 11c (quar,) preferred 4.35% 1-19 40c 1 2- 9 1-31 5 $1.12M2 1-15* 37Mac redeemable conv. 4% of 40c 2 2- share 4Gc 3- 3- 1- 1-19 (quar.) Conveyor Co Ltd., 4% (stk. div.). each (quar.) & Company Quarterly 3- 3- for common Swift Treesweet 1 2-15 2- of 2-28 2- 50c held Wells 1 2- 1 quar.) preferred 4% $3.50 Quarterly Quarterly Quarterly 4-16 3- 120c • 1 2-10 share i s Atlantic Trust— semi-annual preferred 3- & Company (quar.) Sterling Engine Co.. 55c conv. pfd. 3-15 40c Bank & 3-20 75c National 1-19 2- Constable 5% 1-19 Island 1 1 „ $6 1st preferred (accum.( Atchison, Topeka & Santa Fe 1-19 preferred 1-19 1 22- Inc._ Corp.— preferred 7% 1-19 preferred 4.40% 2- 10c (annual)— & Corp., 5% 2-15 92 MaC _' ^ %/. 7 1-20 ( Telephone preferred (quar.) 4Mi% Service— (quar.) .'i? 1-30 40c Corp Clayton Associated 2-15 2-28 V Products Steel Associated 2-15 2-28 . (monthly)- prior preferred Arnold 2-28 40c Post 4Mi% 1-16 2 2-28 4- 75c ••%,.'7- — $1.25 (initial 4.50% 1-16 5:10c Y.) (quar.) preferred Argus 3-16 1-25 inter- (quar.) Viscose 4Mi% 1-16 2- (Increased common 4Mi % 1-31 1 pay¬ (quar.) Huronian, Ltd Anheuser-Busch, Inc, tquar,) Appalachian Electric Power— 3-15 4- 2- > . 50c (N. Anglo 1-31 50c 7 • will (Cash Corp. Anglo-Canadian 1-19 1-27 Mac Electric action (quar.)_ preferred Anderson, 1-31 1 < , . and common, 75c Co., Ltd, Phenolic Anchor 1-12 2-15 ■,. West (quar.) preferred 6% 2-19 35c In Power of Gas— Anchor 2-15 3- received common Natural 4% 3-15 $1.12'/a share Mohawk Zinc, Lead & Smelting Co.— $5 prior preferred (quar.) Amoskeag Company, common (s-a)____ $4.50 preferred (s-a) Ampal-American Palestine Trading Corp.— 2-27 4.15% Common 2 .. American 1-31 3-15 Co,, Fund, 5% 1-22 4- 7 Service— (quar.) preferred <quar.)_ 1 2-15 . Power Hudson This Products preferred New 1-24 2- when . semi-annual Home American 1-24 1 3- 37MiC I.IIII. (s-a) Public 1 2- * ; common, for fractional Mutual 6% 1-24 2- made American 1-24 1 2-28 75c (quar.) (quar.) Michigan Central Michigan common Company 1 2- 3-29 45C Telephone Mevercord 2- Co. portfolio. American 2-16 ' be preferred 4M2% 2 J15C- the American Metal 1-24 3-10 . / - common, Wisconsin American 2 3- 3-10 $1.75 (quar.) Co. 3- 3-31 2-15 35c common.40c lquar.i____„__. 5% ' class B (quar.) Public 3-15 $1.25 Corp., 3-31 10c 3-15 25c (Seattle), partic. stk. Increased 1 $1.02 ;- % & ' Common 40c Pulp 4-16 (increased50c (quar.) Marine Bancorporation Initial stock 2- will American 1 40c 25c _ (quar.) common 2-15 In American-Marietta 1-22 2- 35c (quar.) $1 (increased) Extra Marathon 1 2-15 J6c 12MjC Co. (quar.) Corporation 2- J20C 1-25* , of City Distilling Co. (quar.) American Equitable Assurance Co. 1-20 62 Mac Gas 6StS.) 1-20 1 f25c quar.)_ preferred (quar.) class A (quar.) 50c Lukens 1 2- 127 Mac A (s-a) Products 4-16 ioc Inc. 2- $1.50 2-15 share share Niagara common. ' American 5 $1.28 30c (quar.) Extra 1 15c i__ RR. 2- Co. ments 1-19 2-15 $1.37 Co._ participating Shuron 1-31 $25c iquar.) (quar.t Lucky Stores, 5% preferred Dillon Class 5 j25c ' Telephone 1-26 Light of ; 7 ,7 common, Co. Co. share 1-18 / to 13 0.015614 Niagara Coal securities 1-15 40% — dividend) 3-20 5%% 9 4,.4% j (quar.) Louisville & Nashville Lynch (stock Co. 3-31 50c Extra Lorain 1 1-30 Co., Kansas and 2-15 complete the pro rata distribution of all 1-26 60c Security Insurance Co. (New Haven) Shea's Winnepeg Brev/ery, Ltd., class Ltd.— Theaters 2- $1.18% (quar.) Lock 25c Iquar.) Boston 1 1 25c 7 Scotten, 50c Class preferred 4qc (quar.) Extra Groceterias 2- 3- 2-15 (if for Fsb. 0.005990 of 1 1 $1 • 0.004792 Light & 32- v to stockhold- Iowa-Illinois of l-l7 1-15 2- (For each out¬ common, share 0.023561 3-15 1 11. Gas of & Corp. 1-22 1 quar.) before or share, Power Kentucky 2-23 1 3- 37 Vac (quar.i common 1-26 10c Savers Corp Corporation 3-15 4- 10c iquar.) 2- $1.50 -___ <quar.(__; Power ' A Kansas 9 1-31 $1 Light common, share exchange 1-10 15c tlOc 4 Mi 40c (quar.) Candy Portland 1-15 B Co. 2-15 12M>c quar.) Co.— Corp. common), 0.008002 share Schoellkopf, Hutton & Pomeroy— 25c (quar.)____ Inc. 1 on Power 0.017131 1 20c iquar.)*_ Schlage $25c (quar.) of 1-31 50c 1 8c preferred 1-2*0 ' & Natural Light 1-11* 2- • $1.25 (increased share Co. 0.005830 and " 1 $i Fund Apparel. 2- Iowa 1-22 35c Company (quar.)____ Stores, common (quar.)_,__. Co., American 0.007188 Electric 2-7 1-31 (quar.) (increased Insurance Power class 5 3-1 15c preferred 3- $25c (quar.) (quar.) made standing 1 6 50c Co. Co. be • 2- 25c pfd. liquidation distribution to ! 67c (quar.) Power ; T-26 40c preferred 2- 1-31 50c _____ Co. 1 2- $1.25 Co. 2-15 flOc Mfg. Staten , Wire y 2-15 5% holder of record Dec. 1-31 10-22 t75c 4% Corp. Automobile Louis ers 1-31 35c common '. lquar.)_. & 2-15 7-2"3 . 4 dividend) Canada, Sugar, Cities 1 2-15 this Petroleum Can 2-16 1-22 4-21 ., ;j (quar.) of American 1-20 5 90c (quar ) 3-12 140c 1-31 '3- JlOc preferred Ltd. Co. American 2-15 31M4C Extra % 1 Ltd.— A plus Book 1-29 7 quar.)_ B Owl 3- $1.25 (quar.) clafife Participating i', 4%% St. 4-21 - . (irreg.)_ Gas— Light Products, $75c H.) Company (increased) Company, new com. (initial quar.)_ 1st Loew's Inc. & for Amalgamated 2-15 $1 (quar.) Power Milk Randall 1 t20c & common preferred Sound Class 3- 25c Philadelphia iquar.) Co., Ltd. (quar.) 3- 50c (S. 6% Loblaw preference Corp.— preferred (entire issue redemption on Feb. 6 at $103 share Amerada 12-20 30C cf 2- 6 30c (quar.).' 12-26 31j/4C , 1-31 25c 2-20 31M4C (accum.) 1-31 $1.75 2-26 1-31 Extra * (irreg.) 1 & Company Canada, Ltd of pld, 75c (quar.) 2-13 3-10 ,-1-22 . Steel Aluminum Goods Mfg. Co. (extra) Aluminum Industries, Inc. 1-31 (s-a) 40c : 2 3-10 10c Co., 6% Electric (quar.) Aluminium, — 30c - 3- 2-15 (increased)- $1.50 __ <quar.)_____ (resumed) (Julius Co. 3-29 $1.50 1-19 25c ; convertible per ' 30c iquar.).;. 1-30 25c Co. (quar.) called 9 2-15 Co.— t$l Ltd.__ 3-15 9 50c Line 50c ' Co., 7 3-22 (quar.) 2- ( 1 $4.50 5 34 %C " Co Participating Red 11- 1-15 3- 31 '/4C — (quar.)—_— preferred Transport Pullman, 1-22 25c 1-23 1 — (Phila.l Coke Trust v 1-20 1 1 (quar.)_ 30c Co. preferred Kelvinator Lehigh $1.40 1-18 2-1 50c 25c Company L'Aiglon 7 2- 3lV4c Sl.OGVi (increased> preferred Kroger • 8- 1-31 ; Quinte 25c 3-21 (accum.) Sevvice Puget (quar.) B 50c Wheel Co. j 20c Kawneer Kress Public 2-23 , (quar.)____ Smelting Foundation, Common Kayser ' 5- .1. B Class 1 — Extra 1 25c Class 1 3- 4- (quar.) Wine & preferred 2- 3- (quar.) 1-22 1 3-15 2- (quar.) 5% pfd. (quar.) Co., conv. Valley Gas 2- City Stock Yards Co.— 5% 7% , 3-31 Corp., Ltd 3-22 ioc common Jefferson Lake Sulphur 7 % preferred (s-ai Kansas Petrolite 1-20 2-14 2- 1 2-15 Co. Pipe Grinding non-cum. 1 1 Light Investment $4 2- 2-23 (quar.) Coal Co., com. (increased prior preferred (quar.) Penn 25c 2- preferred 3-15 3- & Corporation Peninsular 1-15 2- Power 5% (quar.) B $1 Peabody 1-15 B 35c (quar.) 2-1 1-30 Corp. (quar.) Shares, Ltd.— conv. 7% Packer 3iy4c Extra 5%' 2-15 13c Packers, Ltd. Corp. (quar.) Investment Life 1 $2 & Intertype Lionel 3- 15c International Laura Pacific 2-15 Bond Group <quar.V___ International Harvester Co., 7% pfd. 6% 1-31 1 Class 3-15 37 '/a C (quar.) A preferred Cement 8 2-10 ,10-22 2- (quar.)— 2- 25c Rayon Institutional Mills Portland 30c Iquar.) Co. Pacific Pacific 15c Mortgage Corp. (increased) Refrigerator Co. (quar.)__ (Tom) 2-15 2-16 $1.25 pfd. preferred 4.80% ' redeemable 1 3-12 2- 1 2- 20c ____— preferred 25c Erie Hussman Illinois 1st redeemable 37 Mac iquar.) ^ Mining & Mfg. preferred Huron redeemable 5% 4% 11- 7— (quar.) 5% 15c quar.) a Hudson preferred 1-20 Rheem (increased 1st 1st 2-26 1 25c 2- — 1 12-15 (quar.) 22V2C (quar.J.¬ Mfg. Co.. 1 Electric, 6% 1st pfd. preferred (quar.) 9 3- A . 25C 2- 3c 7-23 Class Third — 3- 30c Inc class Humphreys 5% 4.08% conv. preferred Marine & 5M2%' 1-26 87M>c $4.25 preferred (quar.) Hooper Chemical Corp Home (Joseph) Company. . 1-19 1 A American (quar.) 20c (quar.)__ 5% Hooker Electrochemical Common Outboard 9 $1.75 Ltd., 6% Co. 112Mic (quar.) Inc., Leather 1-31 2- 7c Co., 1 1 $1 Industries, common 4% preferred A (quar.) 1-19 $1.18% Extra Holden Mfg. Holly Stores, F.), 25c (quar.) preferred Inc. 2- 25c preferred Fynd, Company Fund, 2-15 $1.27M» Mutual -Hallicrafters *. 1 5- Co.— Olin 9 2-16 . Y.) (s-ai Dock Co. (quar.) non-cumulative 3-16 3- 3-30 $1.12Mi common. Great Northern Railway, non-com. Greenfield Gas Light— v 6% 2-16 Ohio 28- 50c (Charles 1-15 *;1-19 , 25c Co. Quarterly 5 1 12-29 25c 2-19 ; $1.75 Dredge & Hydraulics, Inc.— Greer Noyes ____ (N. Lakes 3-21 2 2- :■ (quar.) Class American Cement 25c 1-12 , ; A $1 Portland 1-25 ,1-18 1 Class 2-19 (quar.) (s-a) States 30c (quar.) Bank preferred 2- $1.50 (quar. C.) Company Employees Insur. National $2 2- 35c quar.) Air-Way Electric Appliance Corp. iquar.) Alabama By-Products, class A (quar.) Co.— preferred Northwestern 4- 25c 5% Water prior 2-15 t$l.l2Mi common Marine (increased 2-1 20c (quar.) 2-15 50c 3-15 30c 50c (quar.) 5.10%. preferred $4 Reduction Co. Payable of Rec. 25c 2 25c (quar.) Insurance Pacific Gas & (quar. i (quar.)__ Waterworks Corp., Godman 2-15 $1.25 (accum.) & Share - 7-21 50c Co. the Holdert 3-15 3-31 25c Northeastern 2-16 3-15 Fire Air Aluminum Co Oil in When 10-20 15c (quar.)_ Co Car given 1 *5c (quar.) interest Company T. Allegheny-Ludlum Extra 1-23 2-28 Brake Texas Northwestern 1-17 quar.) A (quar. Cigar Co., Inc., common Government 1 30c preferred General Central 35c preferred General American North 1-31 dividend), held___________ (quar.)„_____________i (irreg.) Ltd., common Company, North 25c _ Gale 1-29 }12MiC _______________ Co. 3-20 3-20 2- Air being these , iquar.) Affiliated Gas Equipment, Inc. Ltd,— (quar.) Fund— of beneficial 5 3-31 (stock Industrial Securities Corp., preferred (quar.). $3.50 York 3-31 25c A J.), England Certificates week, F., Inc., Adams-Millis Corp. 4-21 J5c New this % 4- 10c Ltd. in previous The list does not include, divi¬ 2 8- tiOc Mines, dividends announced yet paid. 4- 37MiC Canada, •'A','" 10-30 15c . Western Co. *'v', Monday, January 22, 1951 . Class iquar.) of Mur A. Corp.— (quar.) Co. Calumet New 2 tquar.)31M4c (quar.) (Seattle) preferred 1- $1 $5 Y.) common Ltd. (A. 4Ma% 1-22 1 Tank . Per 1-22 1 5- 25c (quar.)__—;_~ Shipbuilding 1 2- t37M»c Extra 1-29 Corp. Corp. 1 2- 5 tl5c (quar.)_ common (quar.) Cooker Co. & Products New 1-15 Brewing, 6% preferred (s-a)_ & Rubber, 4Va% pfd. (quar.) Tire Bank First 2- Ltd., Semi-annual 1-22 1 One share for each seven Emporium Capwell Co. (year-end)_________ Faber, Coe & Gregg, 7% pfd. (quar.) Fehr 1 1 2- 5c Steel Nestle-Le 12-30 1-15 $1.12Mi Mfg. Co.__; Sugar Associates, Trust Corp. 2-13 2- 2- 2-15 5c ___— preferred Neon 2-13 1 5 (quar.l____ common Eastern Federal-Mcgul 6% 1-29 1 3- 2-15 . * Co.— ■ Pressure National 50c Empire v 2-28 3- 2- _ Machine preference National 4-16 2- common Welding Grocers Co., $1.50 4-16 1 21c _______ (N, 1 J.0% (quar,); Co. 5- 2- — 5c Quarterly 3 5- 50c (qu?r.)_ preferred 2- 5c (Boston) 5%. pfd. Co., Bradstreet, Inc., 4Mi % 9 25c __; preference 2- $1.75 A Shares Electric 75c 50c (quar.) (quar.)— Quarterly 1-15 17c Stores, Ltd. (quar.)_ Corporation, common (quar.)_______ 4% 1 10% Corp., Fields Common 2- 35c (quar.) Dominion Dravo 4', . 1-15 Name of preferred Corp. give the we announced preceding table. 2-23 1-31 5C 1-19 75c (quar.) Trust Products Quarterly 2-16 25c ; Domestic Dominguez 1 1 137 MiC ________ (quar.)___.; dividend Investment 3- 2- 37MaC _ Diocesan participating 3-16 lc (irreg.) 1-31. 2-15 37MaC ____ dends 2-23 3-16 40c — 2c Radio & Television National (quer.i__.___.. Corporate Investors, Ltd., class A Railway 8i Terminal, com. 7% preferred (quar.t Deposited Insurance Shares Series & 1-31 160c (quar.) Dallas Devoe 2-15 $1.06 (quar.)_________ preferred $3 Motor Pipe Line Co B National __ Below weeks and not 1-15 1-26 75c Co Moody's Investors Service— 1-15 1-10 f 30c _ Ltd.-.,— Co., Ltd.__, Varnish, common & prior 3-12 1-23 1-20 25c Glass Paint $3 3-31 Class Industries, Inc.— partic. preference class Class Cook Co., Chemical Monarch t30c ___ Consolidated 2-16 120c ______ Corp.___,w___ National 3-15 National Collyer Insulated Wire Columbus & Southern Ohio Electric— 4 Va'/o preferred (quar.i_4 Conduits 1-29 3-30 3-12 15c (quar.) Aikman Missouri-Kansas Service 2-15 25c (quar.)__ Louis) (quar.) Cochrane-Dunlop Hardware, Inc.— > Electric 62VaC _ (N. & $1 $1.25 _ L__ ___ (quar.) (St. Gas Payable of Rec. Share 30c (accum.) (quar.),. (quar.) Insurance Coca-Cola Missouri Holdert When Per Name of Company Payable of Rec. Chicago, Indianapolis & Louisville Ry. Co.— Cities v The Commercial and Financial Chronicle quar.)— (initial quar.) (stock dividend) 10% 2-23 1- 2 Number. 4979 . . The Commercial and Financial Chronicle . (421)= Per Name of Company Birtman Electric t Common common—i—. Holdings Blauner's Bliss (E. , Blue W.) Ami Booth Corp., preferred A (quar.)_ security Class A British 7% 6% Brooke ordinary common Shoe Co., $3.60 Co: 6% prefer.ed k Class Class Class Class E 10-15 $1.75 5% 15 Northern $50 ; 2- 1 2- 1 Bronze ^Extra Class' B Canadian Canadian Canadian 4% Ltd 2-15.: 415c 1-25 4- t $ 1.50' 2- 1 1-10 1 1-10 Dodge Mfg. 1-10 Dome Mines, 1-29 1-15 V ordinary < year-end) preference (final)—— ' __ Common y 2-15 2-28 12-29 6-18 60c 2-20 3- 5 $1 ;•_! 2- 1 $1 5-1 (quar.) (quar.) Carreras, Ltd.— Amer. ;v ■ SI ' A preferred f'Case (J. 1.1 77e (quar.) Company, preferred common (quar.) Electric Central Hanover & Gas Co. Bank & 4- 1 3-12 4- 1 3-12 2-10 (N. 1-19 2-10 1-19 Light Co., 4% Investment Corp., (quar.) pfd. (quar.) Corporation National plus share one Common $5 each Pacific & Cincinnati Inter-Terminal 4% preferred (s-a) Mills, 1 1-15 3- 1 2-19 Eversharp, 2- 1 1- 5* Fairbanks 2- 1 1- 5 preferred 2- 1 1-10 preferred 1-26 12-18 Ry., '5% Foods, Trust Stock The at the Inc., (N. 3-13 3- 7 $1.40 7-16 6- 6 Federal 3-12 2-13 stock new 2-15 1-15 $2 2- 1 1-20 4% 7o dividend for , 3- 1 2-15 Fehr on 1-12 1-31 1-12 1-19 4- 1 3- 2- 1 1-16 Foster 3- 1 2-16 Franklin 20c 4- 1 3-16 4- 1 3-16 9 (increased quar.)_ff 12%% 2- 1 1- 5 & (quar.) 1-10 Stores Froedtert Grain 2- 1 1-15 140c 3- 1 2- Fruehauf 1 440c 6- 1 5- 1 9- 1 8- 1 420c 1-31 $2.20 1-151 4% Trailer preferred Gabriel Chocolate Corp., Company, 57c pfd. (quar.)— pfd. (quar.) 1 8- 1 15c 3-16 5- $1.37'/2 68%C 3-3 1 4-16 2-1 , 2-15 2- 1-19 4 1-20 1-15 1 $1.12% 2- 1 1-17 25c (quar.)__ 3- 1 2-20 2- 1 1-15 40c 1-31 1- 8 1-31 1- 8 $1.25 (quar.)_ 2-15 2- 2 2- 1-15 1 50c 2-15 1-25 53V8c 5-15 4-25 53VbC 2-15 1-25 _20c 1-26 1-16 (quar.)_ $1.25 2- 1 15c 2- 1 . lc . 1-25 1-15 1-15 12-31 , 1 1- 9 1- 9 2-20 common (George preferred A.) Company, & & (quar.) (N. Y.) A Hardart 3-15 3- 1 1 1-15 1-15 2-24 2-14 35c 2- 3-24 2 1 1-15 1 1 3- 1 1-31 1-15 2-15 1-15 1-31 1-17 1-31 1-17 Co., 2 1-27 1 1-12 2- 1 1-15 37 %c 3- 1 $1.06'A 3- 1 3-10 56'Ac 3-10 425c (s-a) 45c 2- 2- 9 2' 9 2-28 2-28 1 12-29 2-20 — Illinois Power Co., 1-25 (initial Co. (quar.) — Imperial Tobacco 4% preference Co. of Canada, Ltd.— (quar.)_— Indiana Associated Telephone Corp. $2 preferred (quar.) —— — 12-30 1-25 Institutional 1-10 1 1-19 2- 1 1-19 1-10 55c 2- 1 2- 1 2- 1 1-10 20c 2- 1 1-10 425c 2- 1 12-19 50c 2- 1 1-15 15c _____ (quar.) 1 1-15 2- 51c preferred preferred RR. 1 53'Ac (quar.) quar.) common 4.26% Terminal . 2- 15C , $1 10c 2- 2- 1 1-15 1-31 12-30 1-10 Insurance 1 2- 1 1 Industrial 1-22 2- 1-20 Brownhoist Corp. Securities (quar.) Ltd.— Group shares ($0.0148 from ordinary income and $0.0152 from real¬ ized security profits) — 1-29 1-15 2 3-10 4- 4- 1 3-16 Interchemical Corp., common—_____—— preferred (quar.) _________________ Inter-City Baking Co., Ltd. (extra)— 4y2% International 1 1-31 1-20 1-31 9-30 —— Nickel Co. 9 Stock 9 International Textbook 1-30 1-15 International Utilities 1-30 1-15 Investors Mutual, 3-22 3- 5 Investors Trust Co. 2- 1 1-15 25c 2- 1 1-19 15c 2- 1 1-19 being at Inc., 55c (resumed)—— Corp. (quar.) 1-15 Johnson 3- 2-15 4% 1 4% 1 1-27 1-19 450c 1-22 12-30 25c 1-31 1-15 1-31 1-15 K. & (quar.) 2 1 1- 2 2- 1 1- 2 Co., 7%C 1-31 15c 1-30 12-29* 5% 1-30 12-29 20c 2-15 3- 1 1-22 1-15 2- 8* 12-31 37%c — _____________— conv. 2- 1 1-19 25c 2- 1 1-19 1-31 1-15 13%C 62 %c 1-31 1-15 20c 2- 1 1-15 $1.25 3- 1 2-25 1-10 & Light— 3%% $1 preferred 2- 1 93 %c 2- 1 1-18 $1 2- 1 2- 1 10c 2-15 2- 7 95c 3- 1 2-14 $1 (quar.) 3- 1 2-14 Johnson— 2nd preferred W. 1- 2- t8%C Rhode Island— of preferred (quar.) Tea 1 13 %C (irreg.) Inc. Jersey Central Power 2- 1- 4* 2- 30c —- Co. — 2-15 1-26 5% per preferred (quar.)__ Jacobs (F. L.) Company, 5% pfd. (quar.) Jantzen Knitting Mills, common (quar.) 5% preferred A (quar.) — 2-15 1-17 called $5.50 dividend preferred Participating Ironrite, 1-19 1-31 noc t$1.75 — — 1- 1-16 1-19 1 t$1.75 plus this dividend)—. International Telephone & Telegraph Corp.— Resumed (1st payment since Jan. 1932)__ 1- 1-15 1 2- Ltd.-— share 1-29 1 2- Resistance— pfd. (entire issue redemption on Jan. 31 conv. 1-29 2- Canada, (quar.) 7% preferred ($100 par) (quar.) 7% preferred ($5 par) (quar.)— $1.06'A 1-31 of Common 6% 3c 40c $1.12% Machines Business dividend International 56'Ac 2-15 75c Extra Illinois 1-27 2- (quar.) common 1-19 2-15 $1 preferred 1-31 2- 413c _______ (quar.)_. Illinois Brick Co. (quar.)— 1-15 2- (quar.)— Co., common .(iucre&sfd) preferred (quar.) Power 1- 1 50c — pfd. (quar.) (quar.) Hydro-Electric Securities Corp., pfd. B 4 7o 1 2- $1.50 Co. preferred 1 2- 62 %c Sound Idaho 3-14 2- common. 3- 90c Co. (increased s-a) (increased quar.) Inc. Howe 1-25 25c 25c Insurance Battery Co., Kansas City Power 3.80% preferred series C (quar.)_——, common & Light (quar.) 4% preferred (quar.) Kellogg Switchboard & Supply — Co.— 15c Common (quar.) 5- 1 1 Corp., 50C 3- 1 2-15 $1 conv. Gamble-Skogmo, Inc., 57c (quar.)__ common 1-22 55c common 1 1 9- • , 1-16 20c (quar.) 2- 6- 1 2- Jewel —— 6-11 3- Corp. 1 933Ac 937jc (quar.)— 1-15 3-12 $40c (quar,)__ preferred 2 Malting Co.— Co., $1.25 — 1 93%c 2- 65c (quar.) ' 3-30 6-30 $1.25 2- 75c (quar.)— preferred (quar.) 1 2- 25c 12 %C common 2- 50c ' (quar.)__ 2- Co.— Ltd., 37 Vac ■:r,: 15c Lighting & Power, $4 Howard Stores Corp., common $1.50 — 2 . (quar.) $2.50 (quar,). 1-19 35c Products 9c _______ pfd. . (quar.) 5% 9c (quar.) 1-19 1-29 37 %c 67c Inc.— Corp. & Co., 40C Co. ■ (quar.) 62 %C Insurance Companies, Co. Horn 40c — 3- 1-29 40C Houston 30c com. 3-31 5 (quar.) for (participating) 2-1 50c (resumed) Corp. International annually Franklin Simon, _41/a'^ ■ pfd. 1-10 1-17 common 2-15 $2.50 5% 7c 1-18 2- — 1-19 1-16 2- 25c . Marx_... Bakeries Sugar Home 1-22 Corp Klelser Life of Horder's, 1-15 — 1 1 2-23 >;v . common 1 1 (initial) 2- 2- 56'/4c, 1-25 1-31 Common 440c — 1-25 2- (quar.) Products, 75c 25c 50c . 2- 25c preference Increased Fraser 6c Quarterly Ltd. Enamel 1-31 17. (quar.)— 2> 20c Brewing, preferred 2-15 approved Jan. 1- 1-17 (quar.) (Frank) 60c each —— was 1-15 12-30 1 (quar.) 1-15 1 convertible preferred (quar.) (Henry) & Co., Inc.— $1 non-cum. class A (quar.) Corp. of Pittsfield, Inc.— preferred Franklin share meeting held — J.) Common $1.12% _____ 1 2- participating preferred (quar.) Participating Federated Department Stores, Inc.— 20c — 1 2-20 Ltd.— redeemable 20c (monthly) 2- 2- (quar.)— Co. 2- 1 c Holt 2 5% Corp. Grain, Loan $1.12% : Holly 57o 25c $1.20 Y.) i Cockshutt Plow Co., Ltd. Quarterly (B. Federal 3-31 4-16 $5 common (one annual Breweries Coghlin Fedders-Quigan $1.25 (quar.) 1-18 1- 1 stock Fibreboard Co. - A 6% prior preferred (quar.) Fidelity & Deposit of Maryland (quar.) Food Machinery & Chemical Corp.— 3%% preferred (quar.) Foote Brothers Gear & Machine Corp., 60c convertible preferred (quar.) dividend above class in 1-10 $25c Higbee Company, 5 7c preferred (quar.)____ Higbic Mfg. Co., com. (increased) Holly Development Co. (quar.)_ 1-31 dividend)—■. 1-15 eight held) Cbast Payable (stock 1-31 1-19 :• 1 Stock A 2- 1 Hibbard, Spencer, Bartlett & Co. 2- $2.50 class 1-15 (monthly) (monthly) preferred (quar.) 4 % 7c 3-13 and 2- 2-15 $50c preferred A (quar.) preferred series A (quar.) 4»/4% $50c >0.185625 $0.185625 1 com.__ 1-18 25C (quar.) 1 Co., 1-19 25c 2- Common Clinton 3-31 Louis (s-a)— 1-19 1 1-31 $1.50 (quar.) 2- (quar.) Electric Illuminating 1 2- 30C (quar.) pfd. 35c common 2- J40c 435c 35c quar.)_ $25c $$1.25 40c — 1-15 15C ;_ Ferro St. 2-d. $1.25 (quar.) 8-15 & 1-15 Inc., 4.08% pfd. (quar.) 1 Common ' quar.)_ 9- (increased 1 17c monthly)™ $1.25 Chicago 1-15 2- 1-15 Amer.— __— & preferred 4%% (quar.) preferred Clinton 12-18 Co.— preferred $4.50 1-26 $1.25 A Hershey 4%% 1-31 $2 conv. 2-14 25c Light (quar.) America, 4V2% pfd. Steel 4V4% (s-a) preferred Inc. 45c Products, Ltd 67* 1-15 2^28 50c — 17c Quarterly Mfg.— $2 quar.) 1-31 1 20c Associates 5% of 1 — 15c 6% class 2-23 2- 1-10 1 2- — Company, Hercules Powder 77o 2-23 1-10 2- . (quar.)__ preferred $$1.50 (quar.) 5-15 (increased 3%% Hormel 1 Cincinnati, 12-30 1- 2 15c class B Hecht Company, common 2-15 440c 6- • r. Farrington Common Corp. 1 2%% $1.25 Co., Common Cleveland, 3- 412%c (quar.) preferred Stores Hat 1 Parmers & Traders Life Insurance Co. (Syra- 25C (quar.) 2-15 2- $1.12% $1.12Va Brewing Corp., com. preferred (quar.) 4'/a% $1.25 Cincinnati New Orleans & Texas Pacific Ry. 1-30 —_ Inc. Co., : — (quar.) (quar.) Stores, 5 1 25C Electric 1 3- 30c 2- 45c RR. Hartford Hathaway $37 Extra Co. $1.12% .v Inc. . . 1-25 1-25 25C 56'Ac (quar.) (s-a) Hayes Mfg. $20c (increased Employers Fate-Root-Heoth Co •, 1-15 17c 1 25c Electric y 2-15 17c 1 Smith 2- $1.25 Towing Co., (extra) Co.,y Inc. (quar.)_. Schaffner 1 $1.50 1-10 Eppcns, 1- $40c (A.) 1 $1.50 (increased 3- RR.— — Gas Harris Ry.— 2- Esmond 1 1-18 $40c 1-22 $20c (accum.)__. 2- Enamel & Heating 2- ■ 3- 87 %c 3-31 1-15 1-17 L.) 2- $1.12% 2-28 of . 12-22 2-15 (quar.)„__ Co. 15c 1-15 (H. $40c (increased) 2-1 Lakes Hercules — Empire District Electric Co., 5% Empire Millwork Corp. (quar.) 75c & 7 1-31 Ltd.— (quar.) Group 2-15 (quar.) Quarterly Handmacher-Vogel, 5 Co.— 2 50% Corp. Cincinnati Cleveland & 1- remain- issuance 3- 40c (quar.)_____ 1-31 20c for iquar.) Quarterly ■5% Common 1-18 425c Quarterly 1-12 (quar.) Street Co.,- com. 1-18 1-31 common Extra 25c (accum.) preferred 15c after 2- 422 %c 25c 1 1-12 6'A% (quar.)— A 12-29 1-31 Gypsum Lime & Alabastlne of Canada, Ltd.— Stop Nut Corp. of America- Falstaff preferred series A (quar. I Chlckasha Cotton Oil (quar./ City Products 4x/i7o Elastic 87Vic 57c 5% prelerred B 40c (quar.) ______ Chicago. Rock Island 5% preferred 6% 20c Y.) held share. Chrysler 6% Ekco 56 Vac (N, (quar.) dividend new Massachusetts 2- (quar.r Eank preferred ing Eastern 12-29 1 1-10 1 1 dividendi preferred 1-19 $1 1-25 2- 2 1 _________ Brewing Co. (Pittsburgh) Industries, Inc.— convertible 1- 8 common 1-22 ' 1-31 1 1-22 1 3- iquar.) 1-31 1-22 1- 2- 2- (interim)- (quar.) Dreferrcd 1- 8 2-15 1-31 2-15 : 20c 25c — preferred '(quar.) Stock preferred 1-31 Y.) Chicago Corp. (quar.) Chicago Molded Products— • $4.50 1 2- 2-15 62 %c —.— 1-11 75c (increased)- de Nemours Edgewater Steel Co. Monthly Monthly 75c Chesapeake & Ohio Ry. Co. J I.) 2- 30c 4S1.25 Batteries Co. preferred Preferred Worsteds, Ltd (stock Ltd. $1.37% Griesedieck Western Brewery 5% convertible preferred (quar.) Griess-Pfleger Tanning Co Gulf, Mobile & Ohio RR. Co. $5 preferred (quar.)— $5 preferred (quar.) 1 Co., Ltd.— Ducommun Metals & Supply Eastern 2-15 : 1-11 437%C Duo.uesne 1 1 1-25 1 (E. 1-12 3- $2.25 6-15, 25c y ——— 25c Store 3%% du Pont 2- 1 2- 2 50c "C : & Co. Co., Co. Co., Ltd., Union Great 425c Woollens Paper 1 12-29 ' quar.) (quar.) Chemical 20c Co. (monthly) Monthly Chase 1 2 $2 (quar.) 25c (quar.) Monthly ' _! Central Hudson Gas & Electric Corp. Central Power & Charis Tar & Chemical 67o $1,05 Trust Building 4%% 3- 1-12 - 3-16 _______—___ Linoleum & 25c ._ Stock dividend (one share for each 7 held) Central Hollywood Chain 2-20 10% 75c common— preferred (quar.) Corp., common (quar.) preferred (quar.) Central a22%% $1.75 Co., 4.20% 5% 10-19 2-20 $.1.12% (quar.) .Caterpillar-Tractor Celotex 1 a22%% 2 30c —:— $3.50 leceipts Amer. 4'A % 11- Dow Dryden 7-20 4- $1.25 ___________ Dominion 1-19 1 3-15 Ltd.— com. 2- 1 Co., common__. (quar.) ; Grayson-Roblnson 1-15 3-31 $$1.25 Oilcloth Common 4-20 ' deposit ordinary (final) deposit receipts B ordinary (final) "~y Carrier Corp., common (stock dividend) Carson, Pine, Scott & Co.— ; 8- $1 — ,2-15 30c Investment Corp., Ltd., 2-15 8 2- semi-annual National Grand 2c — Dominion (qUar.) 3-12* — pref. (quar.)— Dominion Malting Co., common 5% preferred (quar.)_ 9-17 (quar.)_—. ..;,vy: 2 $2 conv. 10-15 preferred preferred 2nd Extra 1-10 4- 5 450c (quar.)_— Ltd. (year-end) Extra 7-16 1 Gould Grafton & 1-18 25c (quar.) Co., Ltd. 1- 8 $1.50- (quar.) J common Hosiery Co., 1- Corp. Fabrics, Dominion 2- 1-25 Gotham 1- 5 __ ________* 3-19 preferi preferred Extra 12-29 50c 1-16 1 <quar.)_ s-al (quar.) H.) Rubber 2- Inc. Bridge ' Dominion 4-16 4% 4% Dominion (P. Increased Hart. Inc. b Anglo preferred 7c 2-1 4% &4A 5 1-16 4$1 1 10c 410c •: ._ d Houses, 410c — Power & Light Co.. common Carpenter Paper Co., com. (increased quar.) c 2 1-15 (quar.) (quar.) Co., A Corp., preferred 1-25 Extra 2% Carolina 4% Dobbs 410c Western Lumber Co. _______ 1-15 1- ' 1 425c Ry. 1-29 1-31 ■V 2- 47c 2- 90c (quar.) class 1- 1 Goodyear Tire A Rubber Co. of Canada, Ltd. 4% preferred (quar.) _! — (quar.)__ common Dominion 4$4 Y.) 10c (initial Shares, 1 440c ... Green dep. receipt for ordinary (quar.) 1 (year-end) 1-15 2-20 (quar.) Corporation 2- Ltd.— p Common — Amer. Divco 2- 4$4 1 1 75c pfd. Light 1 2- — Globe American Corp., common Globe & Republic Insurance Co. Distillers Co., Ltd.— 450c —.—— 2- 3- \Vt7o • 425c Construction *81.25 — 416'Ac $1.75 stock convertible 2- i—— U22 Inc.. preferred Steel Dividend . com. $1.50 2- 12-30 1-31 , 3-16 & 2- $1 Safety Razor, $5 preference (quar.) Brothers, Inc., common (quar.) $4.50 preferred (quar.) 1- 5 9-14 432c 1 1-17 2-1 4- Disher 12-27 2-15 2-i 7- Co., 1-10* Gimbel 9-28 debenture 1 Gillette 1-15 $1.75 *12%C (quar.) —; v.. 3-15 3-1 420c — 2 1-15 1 Glatfelter (N. Detroit Gasket & Mfg. Co. (quar.) Diamond Match Co., new com. (initial 1-31 12-20 1 2- $1.75 87o 1-10 2- .. preferred (quar.) 2- 62 %C $1.50 — common 12-31 3-20 25c .S,yg§i;,Co. iqua'r.) Mfg. 1-31 1 Atlantic Power 1-31 4- preferred Delaware 1 — com. 5 7e 1-25 2- 87 %c $3.50 preferred (quar.) General Steel Wares, Ltd., Sugar. Co.— Co., Shoe General 37Y?C (quar.) Water 2-15 $1.50- 1- 5 (s-a) Brothers, - $1.25 . —— Corp 2-15 Goodall preferred Cuban 5-10 . —_ Utilities 1 37 VaC prMerce^, <(quaE.) j-^_L_ - 5-25 60c <■ 87 %c w — 1 $1 7% *1% 1-31 (year-end) Pacific American 25c (quar.) Co.— (quar.) Public 5% (accum.) 7% ,. 1-17 12-15 933Ac 3- 5% Ltd. preferred General . America Refining, Co., 1 lr25 (quar.) 2- 10c Co. 2- Corp. IOC (quar.) Y.)— A- 15C 50c $5.50 preferred (quar.) $6 preferred (quar.) 5 $1.25 class 1- 4 (quar.) 55c (N. 1 General Public Service Corp. = „ $4 convertible preferred (quar.)_ Ltd.— of Inc. $1.50 pfd. Lobster Davidson 2-15 410c (quar.) Corp. 2- " 1- 5 1-15 1 2-15 150c 1-31 1- Co. 1-19 $1.06'A ... dividend Bit Cuban , 1-15 1-15 25c : 2-15 1- 5 Press, Mills, ,.,$5 prelerred (quar.) General Outdoor Advertising "1-12 1 Dennison Common ; 1 1 62%0'ry — 1 1 6 7c 1 (quar.)— J" $3.75 preferred . 6% (quar.) 1-19 1-15 2- 2- 75c _____ Crown Cork Int'l Corp., $1 class A Crown Cork & Seal, Ltd. (quar.) Crum & Forster, 87o preferred 1-15 1 Securities, Ltd.— non-cum. Canadian 1 1 2- — (quar.) Industries, Ltd., Investment Fund, Oil Cos., Ltd Canadian 1-19 Co.— L—— year-end) I T! 12-29 1 2- 2- 40c __— (quar.) Products General 9 1 Power, 2- 60C preferred General Motors 2- 2- Corp. Stock 1-19 62 %c ___— preferred (quar.)— Canadian General i 5 2- 75c 5% A Corn Craig - ■ 1-29 2- 12-. 8 2- participating Davenport (s-a) Co., , 9 •120c 1-26 2-26 $3.50 ' 2- preferred 65c 9 7- 2- 75c 1 Vac 1 Co.— preferred (quar.) Corn Exchange Bank Trust : Quarterly 9 4- ' 120C Canada Western Cordage Co., Ltd.— Class A <quar.)__————— Canadian 1v 7-27 $1.75 ——__ Ltd. 9 4-27 50c 2-15 4% • 1-27 2- 3-10 50c 1- 5 $1 Finance Corp. 5% preferred A (s-a)— General Foods Dorp., common Inc.— (quar.) Container 9 7- B Consolidated '■<■■■ 9 4- 4-27 1$3.50 ______—_______—__ Vinegars, 1- 7-27 10c 2- 1-22 Corp. $4.25 preferred series A (quar.) General Baking Co., common (quar.)____ 1-20 2-15 50c River Consolidated 1-20 • 1-27 ' 2-15 * v 51c Edison $5 . 1-20 120c _________ Corp.. $1.06 »/4 47'/aC Consolidated 8 1-23- i50c (quar.)_ Terminal Power Ry. 1- 120C share)— per General 20c.' TMAert Payable of Ree, 35c General Electric Co. 1-20 1 (quar.) Dearborn 1-15 1 150c Permanent Mortgage Corp.— Increased quarterly Southern 1 2- 150c :___ Canada Class 1-31 Co.— Increased semi-annual Canada' Foils,f Ltd Canada 2- $1.50 Corp., common (quar.)_ (being called for redemption at 1-10 2- ____— Consolidated > ' —-i- preferred Refrigerating k ,,Canada 2-26 25c Packing Feb. Canada 3-14 25c (quar.)—————— preferred on Camden 1-15 1-17 150c Power 1-31 $1.18% (quar.)_ Connohio, Inc., 40c preferred (quar.) Consolidated Chemical Industries, Inc.— $1.50 partic. preference class A (quar.) i —— California 2- 150c preferred 1 90c •; 2nd participating Patricipating S3 2- 50c (quar.)__ (quar.) _—— 80c 1-10 (quar.) (quar.) $2 preferred 12-29 1 common_L—_——— Electric • ! $1-90 yprpferred $2:e4-:pceferred $2.20 ^preferred .p — ■, 1-10 1-31 • 25c Butterfly Hosiery. Ltd., 1% preferred (s-a)_ Byers (A. M.t Company^ com. (increased) 7% preferred (quar.)_— Caldwell Linen Mills, Ltd., common (quar.) • 1-31 — Connecticut , ■ f * preference Co.—' quarterly 7% preferred (accum.) Connecticut Light & Power jr:' 12-28-. 1 150c Extra. '" ■ *'* 1-31 common-—————— Terminal California 4-14 4-15 2- tSl.50 __I 4% preferred (quar.) General American Transportation (quar.)_ preferred Inc.— When Share (quar.) common • 125c Commoil, Ltdr Commonwealth Edison Co. (quar.) Concord Gas (New Hampshire)— - 7-14 1 110c (quar.).____———___ common— B Class Bush 1 2- U0c — preference B 8- 11- common-;...— A 1-10 Co., 125c Quarterly • 1-31 1-15 I ; Ltd., class preference—.: A pfd. Y.)— Co., A 3- 9 : 5- par) preferred (N. ; 3-20 1-31 ______ Class Increased, quarterly Buckeye Steel Castings, Burns 3-20 ,410c . ___. $2 on 3-31 125c Gardner-Denver <quar.)_ 4^% System, Pictures Corp., $4.25 pfd. Columbian Carbon Co. (quar.) 1-12 Iron (initial Trust Increased •- American tquar.) 87V2C 125c Gas Columbia Co.— Brooklyn Union Gas Co., 5% Brown -jBronxville 1-20 425c — Telephone Per _pName of Company 1-23 ' . Finance, Columbia 1-10 425c (quar.) (E. & G.) New 1 1 1-29 2-15 — preferred Extra Colonial 1-20 2-1 — Ltd., Columbia 2nd >116 425c Celanese British 1-20 * 2- 4:25c (quar.) preferred • 1 tl2%c — (quar.) receipts for -ordinary_'_i___ Columbia Forest Products, Ltd.Columbia Pulp & Paper— British 1 2- 50c deposit 2-15 y, — Combustion Engineering-Superheater, - British 2- $1 Co iquar.) Holdert Payable of Ree. 50c Preference profits) A When > Share Extra 1-12 * 50c (o.uar.)_r A 1 70c :» Ltd., class A (quar.) A 2- 1 •1-31 15c .__ Roofing Co., Ltd., class Class * 50C r. (year-end)____ Bower Roller Bearing Bowes Company, Brantford - —______ (quar.)-: 2- Per r - 1-12 2- 62 %C ^ reduced t_ com. 2-15 2-15 • ■ .■ . Colgate-Palmolive-Peet Co., common (quar.) $3.5$- preferred (quar.):——__•—_ Collingwood Terminals, Ltd., common —_ common— , (quar.) Boston Edison Co. Boston Fund. Inc. i- (Realized from U Class 5%'. pfd. Ltd., Corp., 2-26 25c ___L-_—— Company, class. Fisheries 4% (quar.) 3-10 10c , Name of Company 1-25U-- 25c — i; i - 2-10 15c •' t (quar.)__ Co. Ribbon Bon Corp common Holdera Payable of Reo. 15c - —_w. Blair When Share Co., ' 45 3- 1 2-15 12 %C 2- 1 1-15 (quar.) preferred (quar.) Keyes Fibre Co., class A Kimberly Corp. 62 %c 1-31 1-12 Kingan & Company, 1- 9 1-31 1- 9 2- 1 1-11 5c 4- 2 3-23 $1 2- 1 1- $1.25 5% 4% 1-31 75c (quar.) preferred (quar.)_ 8 ■ 46 (422) When Per Vame of Company Share Kiugs County Trust Co. (N. Y.) (quar.i "tKirsch Company, $1.50 preferred (quar.).— Knudsen Creamery Co., 60c pld. (quar.) Kooacker Stores, Inc., common (quar.) $1.37% preferred (quar.)— Kokomo Water Works Co., 6% issue called $105 for redemption on Feb. 1 plus this dividendi— share per Ka Lee <& Tire (James) Lerner Corp. (increased 3.83% Salt pfd. $4.50 1-15 Newberry 1-31 Norfolk 2- Co. Lincoln 2- $1 •f 1 2- 56 'Ac 1 1-15 3-15 2-23 75c 2- 10c quar.) 1-25 96 %c (quar.)_ 1 1 2- Life 1-15 Belt Co. Miami 1-18' Northeastern Northern 1-15 Illinois Lorain & Co. Taylor, 1-31 12-30 Noithern RR. 2-15 1-31 Louisiana 25c 2- 50c 2- 1 1-15 87 %c 2- 1 1-15 $1 3- 1 2- Power 3-10 2-20 3-10 2-20 Okonite 3- 2- 2 Oliver Corp., United Corp., Ltd., 5% Co/ (quar.i Field & Co. Semi-annual _: Massey-Harris 3-12 2-23 Oliver 1 3-20 $2 $2 2- 1 1-17 2- Maytag Company, (s-a)_—— $2.50 2-15 2- 1 Outlet 7% Corporation & McDonnell Co., Mclntyre Stores Co. convertible Shoe Mercantile Stores. Merchants (N. Y.) 614% share this plus Michigan 4.40% & Miller & Minnesota Stock Parke, 1-15 2- 1-15 3- 2- 1-31 1-12 Penn 1214c 1-31 1-12 Pennsylvania 40c 3- 1 2- 2 3- 1 2- 2 3- 1 2- 2 2- 1 1-10 2-15 1-31 $1.75 2714c 2- 1 1-19 1 Radio S.) Monongahela & $1.62 % $1.10 2- V'' 1-15 $ 1.2214 2- 1 1-15 Power, Jan. 23 Montana $6 at $104 1-31 : 1-20 2-15 1-30 40c (quar.)_ 3714c 2-15 1-30 $1.3714 2-15 1-30 300% 1-26 1- < 50c Power preferred Montgomery Morrell Co., 40c 2- 1 1-19 2- 1 1-15 $$1.25 ••14- 2 3-15 1-31 1-15 lc (quar.i $1.1214 — (John) Morris & (quar.)— Company (increased preferred Mount Inc. $1 (quar.) 12 %C Co. Rice Mills, Ltd. :_ Corp. (year-endi Electric, 414% pfd. (o_uar.)__ Straus-Duparquet, Inc. (quar.i^ Airlines Inc., new com. (initial) Mfg. Co.—, of Cleveland ,(s~a),«_— City Bank Semi-annual National City Bank of N. National Distillers National Hosiery 60c class 60c 60c class class A Y. Products Mills, (quar.) Corp. preferred preferred Paper 5% 5% preferred preferred preferred National $2.40 National 414% Sewer Tea Type (quar.) 1-10 1 1- 5 1 1- Pipe Co., class 3.80% 1-15 (quar.) 32 '/2C 1 1-15 1-25 1-15 2- New & Y.) N. Co. (year-end>—- pfd. (s-ai_ 2-28 2-10 1-31 1-15 1-31 1-15 2- 1 1-20 1-31 1-15 30c Reliable 1-5 1-15 1 Fire Extra 1-26 1-19 2- 1 1-15 Reliance 2-15 22- 5 2-15 1-15 25c 2- 1 1-15 Republic 2- 1- 1 1-25 Extra 2 Common 1-10 1-30 2- 1 1-20 6% ' 1-15 2- 50c 2-1 1 1- ■ : , 9 1-22 The 1-31 1-16 1-31 1-16 2- Smith idend 10- 1 2- 1 2- 1 1-10 -——---<--- 2- 1 1-10 Smith 2- 1 pld. A the (accum. i- 1-15 ; 2- 1 1-15 % 2- 1 1-19 2-21 12-22 2-1 pfd. (quar.)—_ 2- 1 L-- 2- 1 3- 1 65c 35c 2- 1 2- 1 3- 1 2-15 $1.05 3- 1 2-15 87 %c 2- 1 87 %c 87/2c 5- 1 $1.50 2-28 2- 2- 1-31 preferred 6% (quar.)—_ 15c Co., $3 pfd. (quar.) (accum ) (quar.) 2- 1 1-16 1-27 12-28 -;/M 3C 1-31 50c 2-15 1-15 75c 3- 5 1-23 J45c 2- (quar.) (quar.)—————————— now on 1-20 1-20 2- 1 50c 1-30 common- (quar.)— — prefeired (increased Power series Edison Ltd., Co., 28c Gas 4-30 8-15 7-31 Corp. (quar.) Co. 1S1.20 3-15 2-20 on 47 %c 2-15 2- 5 this 2-15 2- 5 $1.25 $5 & Riverside ——. (initial — 1 1-15 3- 2- 1-15 50c Co. 3-13 1 — 1 (quar.i series A (quar.)—— Co., Ltd., common Chemical 3-10 2- $1 InC. 2- 1 1-15 9 $1 — iquer.i 2- 1 1-15 H2V2C 3- 1 1-31 $1.25 3- 1 1-31 .40C 3- 1 2-16 $56 y4c 2- 1 1-15 1-25 12-29 + Corp. preferred (quar.) Co., Ltd., 4%% pfd. (quar.) convertible $6 Fuel ■,, $1.50 (accum.)(accum.)—— prior preferred prior preferred 12-29 $1.75 2- 12 %c 2-15 2- 2- 1 1-16 $7 Oil of Co. Ohio 50c 2- 1 1-20 50c 2-15 1-19 Standard 2-15 1-19 Standard Steel Spring Co.— 75c 2- 1 1-20 preferred (quar.) Stanley Brock, Ltd., class B—-— 2- 8 1-11 $1.25 2- 1 1-15 50c 2- 1 1-22 25c 2- 1 125c 2- 1 .1-15 2- 1 2- 1 1-26 1-22 preferred Silica Corp.: (quar.)_————— convertible 4% dclSS A ,,| Canada," Ltd., Steel Co. of Extra pref. Extra Stern 4%% 5 Stevens 50c 1-22 1- 1-31 1-16 (J. quar.) _ Strange (quar.) & Company P.) 50c 2- 2- 1 $1.75 4- 1-25 1 $1 1 1-15 Stuart 80c $1.75 4-1 3-15 (quar.),——— $1.75 7- 1 6-15 (quar.)— $1.75 10- 1 9-15 19c 1-25 1-15 1-25 1-15 93 %c 1-25 1-19 ——-—— (quar.) $3 — Co. (being 1-25 1-15 2- 1-12 A called $102.50 Mills, Ltd., Sun (accuir for per 50c redemption share plus Sun Superior $$1 2- 1 1-31 . Texas 12-29 $4.56 1- 8 37 %c 3- 9 2-23 4- 2 3-15 1-31 1-22 37 %c 2-28 2-20 75c 1-31 1-15 1-15 10% 2- 1 50c 2- 2 1-20 2- 1 1-15 2- 1 1-15 +20c _ (quar.) — 3- 1 2-15 12 %C 1-30 1-16 1-31 1-15 1-31 1-15 1-15 37 %c 1-31 $$10 2-15 1-30 2- 1 1-10 2-.1 1-17 (Canada) pfd. A (quar.)— Inc.-—:—— — Corp. Co., $4 $4 (quar.) 2 1-15 2- 1 12-30 2- 1 12-13 12-29 2- $5c Corp. pfd. (quar.) (quar..) $1 2- 1 1-15 $1.14 preferred (quar.) Light, preferred SI — Ltd Mfg. $1.12 % „————: Service, preferred & _ 1-29 (quar.)———.— 4%% pfd. (quar.) Malleable & 1 iquar.) dividend Power 2- 8 (quar.)— 4%% Electric $4.56 8 1- A Paper Haute 1- B Teck-Hughes Gold Mines, Stock 8 1 6V4c (quar.)_, (quar.) common ———— Steel 1- 2- 37 Vac Biscuits, Sutherland 1 25c common- _— Co., 2- Ltd.— Service, preferred preferred Oil +30c 5% Oil Co., Gas Sunshine Texas $1.25 class B 1 conv. participating preference Spring Corp. Extra _• (stock dividend)—preferred (quar.).— Life Assurance Co. Terre — class A.) 1-10 1 50c (quar.i Company.———. Co. tlothier, Suburban 6% . (quar.) Stubnitz-Grcene 6% (quar.)—— $2 & 1-15 6-15 10- (D. 1-10 1 56c (quar.) dividend 3-15 . Corp. (William J.) Briquet, 1 2- 1:30c ordinary shares— Inc. 2- 2- Textiles Furniture Stock 5 15c UOc preferred Storkline 1-15 +20c + nx-TVr'-f.— (quar.) Stores, 1 +20c ^ f, ——-————— "-— Stern & 5 50c — ——-r»-— Participating 1- 75c A — 1-15 35c 3%% 1-22 25c — dividend) Silk 2- 55c Telephone (quar.) Dredging 40c 62 %c ——— Associated preferred 9-15 Co. at + SI.20 Co.— Gas quarterly preferred $1.60 1 participating 1 1-19 Ltd.— ——- Natural Sterchi Brothers ———- common Feb. 2-15 5 Electric Stromberg-Carlson preferred preferred preferred 5 12-20 (Dayton)— (quar.) & Riverside. Cement 5 1- 1-25 125c (initial)— ——————— 1-31 5-15 1- 1-31 (quar.)————— Standard Corp.— Rike-Kumler 2-15 1-31 1-31 1-15 2nd preferred 2nd preferred 62 %c 1- 23y2c —— (quar.) Indiana Standard Gas & Electric— 1 40c com. preferred Extra 3%% preferred 1-19 1-31 $1.75 (quar.)— 1-17 2-15 50c (quar.) (quar.) Power preferred preferred 2-15 40c quar.) Co., com. (quar.) preferred preferred Canada 22 %c (quar.)_ 933/4C 2nd preferred 3-15 3 12-30 Co. series Standard 1- Ltd.— Mills, (quar.)_ —Standard Power & Light, $7 pfd. (accum.) 7% 2 1-12 quarterly div¬ a O.) Carolina 5% , 1:25c —— Standard 1-15 1-31 53»/8C $1.50 — 1-17 $1.75 Ltd.— 1-10 — (quar.) convertible South 1-10 1-22 (quar.) 4- 1 1-16 1-13 50c (quar.) Engineering Co Supply Co. (Calif.) (quar.) Inc., 1-12 2- 1 1st 7% 1 1 4-14 5 7% Rich's, 1-31 2- 2-23 1 3-15 2-15 15c 2- 1 3-15 1-31 1 Aircraft 90c $4 1-15 $1.75 .7-1 2 2-15 30c 125c 7% 2 1-16 $75c ■ —— (quar.)— (quar.)-—————-—— 4- 3-10 1 40c (A. Standard 1-24* $1.06 % _ 1 <quar.)_ ccmmon Spencer, Kellogg & Sor.s, Squibb (E. R.) & Sons $4 preferred (quar.) 1-15 2-15 42- i25c — 1-10 $2.20 2-10 175c — 3iy»c $i.06y4 — (quar.) pfd. 1 Southern 1-12 25c $4.25 1 4.80% 1-12 $1.17% Inc.— 3-10 2- stock Increased 90c 1 1 Common 1-19 1 12-30 4- 2- 4.56% 8 2- 1-23 15c 2- Southern $25 1-20 30c common $25c Southern California 1-10 preferred 1st preferred 4- 20c 1- 1-22 1-10 1 2- Common to arrears (quar.) 1st $1.25 — 1-10 2- 1 $2.50 2-14 1 2- Corp (Howard) Paper Smith v 3-1 2- 27 %C — 50c 2-15 6- 1-18* 2-14 $1.50 50c 9- 1-18 (quar.) Class B (quar.)— Rice-Stix, Inc., common (quar.i———— 7% 2-1 40c preferred Strawbridge 2 1-15 1-20 basis. 1-25 1-12 1-15 1 25c Co., Ltd., common Agricultural Chemical Co., 2-10 1-11* 1 rival (N.) 1 1 1 9 2-15 1 7- above 3- 2- ^ 2- 1:25c Co. 50c 2- 2- 2-10 91 %c (quar.) (quar.)———— Corp. Oil Slater 3- 1 Oil Skelly 25C 62 %C (quar.) Revere 50c 120c — Ltd.— Mines, Ltd.-:—————— Miller 50c 1-18 4-18 3- (quar.) 50c Corp., Power, Mines. Silver Sinclair ' Copper & Brass, Inc. tirreg.) Reynolds (R. J.) Tobacco, common (quar.)_ 1 1 1 A (quar.) 5%% pfd. Inc., preferred Stott 5- 4- class ^— Pacific 1-12 2- 4-10 (quar.) 1 40c 4 4-17 (quar.) Extra Southern Co. convertible 1- ——--—,—■——— — . 2- 5% 4 1-25 Co.— (quar.)— Co Dolime, ,1-25 1-15 1- 160c Insurance (quar.) preferred & 12 %c 1-15* 2- 1-25 - Acceptance 4.48% ——-———— Reslstoflex 1-25 15c 12-30 t$1.50 (quar.) Corp. 1-15 25c 12-30 1 Sheraton Corp. of America, common (quar.) Sherwin-Williams Co. of Canada, Ltd.— $1.25 (quar.) _—————— 62 %c 5% 5 2-15 7%% America, Insurance Electric 1 2- Shea's Winnipeg Brewery, Ltd. Class B (s-a)——w,v $1 pfd. Quarterly Stores 2- Inc Container, 1-31 Solar Co., Ltd.— (initial) (Canada), 56 'Ac 1 Ltd., Co. Electric 2- 97 %c preferred Company, Reliable 1:25c J$1.75 Co., Ltd.— 110c preferred preferred Securities & redeemable 4 1 $1.10 Corp. (Mass.) 5% pfd. (quar.) (C. A.) Company, $2 class A (quar.)__ Class B (quar.) 5% 1- 3- 95c Reed Reitman's 4 1-25 $1.07% $1.07% common 2-10 1- 118%c Ltd.— 1-18* 6% Reece 2-28 1 1-25 1 30c (quar.) File lc 4- $50c ■■ Co., 25c Reading $2.50 — 2- Seagrave — — 1-15 120c April on $1 Mfg. Sieira Distribution Shares, Inc, (quar.) Power Co. (quar.) Railway & Light Securities Co—— Raymond Concrete Pile Co Rayonier, Inc., common (quar,)—— 1-15 1-19 75c preferred 1-9 33c Quarterly 12-28 1-19 1-31 • 1 7-18 1-23 175c Quebec 1 1-31 50c 2- 1 Sharp Flour Mills, $3.50 preferred (quar.)_ preferred (quar.)—„———r- 1-29 2-20 2-15 2- Sigma Raymond Concrete 2- 2 , Marine & Southwestern Co., 1-20 85c 2-5 Associates— preferred Oats 1 4-18 3.65% H.)—• N. (quar.)—— Public Service Co. of Colorado, com. (quar.) 4*4% preferred (quar.) 4.20% 2- 1 Scranton Co.— Gamble 1-15 1 2-9 51.06% Co., 3.60% preferred (quar.) common Procter 1 £0c (quar.) (quar.i Seaboard $1.50 Edison of 1-15 3- 2- 5- 75c (quar.) (Brooklyn, 5% Metals 3-15 ' ' reduce Brothers 2 1-25 3-12 8- $4 Inc.— will 4.70% 4- 27 %C Scovill . Co., Price * common (quar.) Industries, 45c Steel Potomac i 3-15 27yac 1-19 Transport Co.— payment $25.62%. This 3-15 2 25c preferred A (quar.) preferred A 'quar.) preferred A (quar.)————.—— Scott Paper Co.— / ''?'j,^ $3.40 preferred (quar.) 1-15 (interim) Brewing 2 5V2 % 1 75c ; 4- 4- SI redemption Mills Company, B 4.30% non-cum. & 2-15 15c 5V2% 2-15 (quar.) Co. convertible 62 %C ,. (quar.) ' 2- (quars)___ shares 1 Schwitzer-Cummins— 31 y4c 25c Gear 5% Co., < 3- 35c —————— Fire Schenley (quar.)- • ———— 20c —— ; pfd. 12-29 1-31 7% Corp. A 1-31 $1 1-12 — (quar.) preferred h Class 1-15 5 i (quar.) preferred 1-30 2 2- $1.50 (quar.) (quar.) Co., $2.50 $1.12% Fabrics & convertible 6* 1-12 2- 115c (quar.i-————— Mallinson 1- 1- 115c (quar.) National & Johnson .Extra (quar.)„ National 5% — i — 414% 1 1-30 115c National Lead Co., 6% pfd. B National Linen Service Corp. Common (quar.) 5% (quar.) (quar.) A- 1-27 2- Ltd.—• (quar.)— A 1-22 Scarfe 5 1-15 Cincinnati, Chicago & St. Louis Ry.— Semi-annual 45c _ - National 1-15 Pitts'gh, 40c & 1-26 40c preferred Quaker 1-23 10c Shares National 1-15 25c —— Narragansett National Chemical 1- 15c Pittsburgh 115c (quar.) .■ 1-15 1-27 Co.— Cement American 4c Munising Paper Co., 5% 1st pfd. (quar.) Mutual Investment Fund, Inc. (quar.) Nathan 1-15 ■1-15 5c 40c , Extra Mutual 1 56'/4C 62 %c — Royal Machine 10% — (quar.) Extra Mount quar.) (quar.)— dividend)— : (stock Diablo 58c 35c ——_— Corp. of America, common preferred series A (quar.)—— Morrison-Knudsen Co., Inc. 5% 2-15 1 preferred (quar.) 4.40% preferred (quar.) Philip Morris & Co., Ltd. 3.90% preferred (quar.) $3.50 >' Plan Common 1 2-1 on plus this div.) (extra) 2-15 2- —— Permanent? Purity redemption $2.25 Motorola, 2- 2- $1.50 Co., Quarterly Pressed $1.20 common & 12-29 $1.50 (quar.) (quar.) Ward 1-25 8 preferred— for $$1 11* 1 Quarterly 2-1 (quar.) Bank Pinchin, 1-19 $1.10 per share 12-29 1-12 2- 25c (quar.) preferred < quar.)„_——— $1.25 — Corp. 4% preferred (quar.) Phillips-Jones Corp., 5% 1-19 . conv. Power preferred National 1-19 1-31 (quar.) Monsanto Chemical, $4 (Entire issue called Pennsylvania Pittsburgh pfd. 1-30 2-15 1 $1.25 (quar.) Ltd.— preferred Paul 2-15 1 2- —_ 1st preferred (quar.) $2.40 2nd preferred (quar.) St. 1 3- — $6 1-17 3- $1.16 shr. plus this dividend) Lawrence Paper Mills $1.25 (accum.)— 1-8* 1-31 Corp 4.50% 1 20c 1-31 $1.0614 — (quar.) 2- $1 (quar.) Inc., for Corp., Lawrence Flour 7% St. - $1.25 preferred (called 2nd 75c St. (quar.) Co 1-31 25c Ltd..,—..^— preferred 1-15 1S1.50 30c $1.18% preferred preferred 1-31 2- 25c 4%, (quar.j——— 4.80% 1-15 (yeur-end) 4.30% — 4.40% 1-12 I 1st 3 1-19 Inc.— at $112.50 per $2 • 5-15 1-30 pfd. 1- 1-25 37 %C Stores Foods, Lawrence — 1 15c (quar.)__ Whitehall RR. Fine 1-29 2- $1.02 (quar.) (quar.)———— 25c convertible 1 St. 2-15 15C (quar.) Industries, preferred 3.30% 3-1 W. & 4% and Safeway Stores, Philadelphia Electric Co. (quar.) Co,, 1 6-1 $2.25 Inc. & common per —_— Television 3- & 20C $110 at _ & 1-19 56'/4c common.. (auar.) Traffic 4.25% 1-31 5% Year-end & Ontario Paper Co.— Increased quarterly Minute Maid Corp.. $1.60 prior pref. Mississippi Power & Light Co.— $6 preferred (quar.) (J. 1-15 50c — (Keene, Philadelphia Mining & Mfg. Co.—v Mitchell Ltd., nreferred Peoples S. 1-10 $1.12 y2 (quar.) (quar.) for dividend Monarch 1 1-30 56c —_ , Common (quar.) preferred Perkins Minnesota " preferred $1.32 $6 1-11 Telephone Penman's $6 1-31 2- 25c preferred Distillers Davis & Co. Peninsular $1 Rutland 1-15 32'/2c (quar.) Casualty Co. Quarterly 3-19 1 — (quar.) Peerless 1-15 1 3 5, $1 3714 c (quar.)__ (increased quar.) 2nd preferred 1-15 2- Co. com. convertible 1st 22- 1- 56y»c (quar.) preferred Petroleum Tilford & 1-25 1-15 20c Year-end Park 1-10 % ,'L. (quar.)——.— 414% preferred $5.50 1 1-15 — $1.50 7- 2-17 10 Co.— preferred $5014 c dividend) Minneapolis-Mollne, 1 3-15 1st Rose's 1 —t (initial) Works, Inc. Corp. Metals 5 1 20c tlOc Corp.— $1.25 preference Art 2- 2- share ' 3-12 2- $44 per —— Packing 33 %c (quar.) (quar.) Servtce American 4- — common Rhoads, 8- $1.30 Pan prior Aircraft 5 for (quar.) Rosefield 1 called A(quar.J^^ 1-18 2- $$1 (quar.) (quar.) Corp. Packard-Bell. Co. 50c (quar.) Petroleum— preferred 12-30 Ronson 5 3- 5V2% called (quar.) Extra 434% 2 1-15 1 45c issue Electric Inc., 2- 1-31 Corp.— dividend Shoes, Public $1.0614 preferred States Stock Pacific 2- —— March preferred 4.90% Middle Gas 2 1-12 2- Rohr 1-18 $1 series 2- preferred— Scott on 3- 1-12 50c Ltd., Fisheries, Lighting $3 1-19 1-24 $1.50 (quar.) pfd. (extra) fund Pacific 25c (quar.)—i— (entire redemption 1-31 2-15 5 3- 3-15 — Electric (quar.) preferred 2-1 $$1.75 Co., & preferred 5% 5% 37 %C (quar.) dividend sink, $1.25 > Corp. 8 $2.50 (quar.)_+.— & 1- — at 3- 3-15 Co.— issue 29 3-15 8y3c 4.65% preferred (quar.) Rockwood <fc Company— Common (increased quar.) • Inc.— preferred 50c (increased s-a) preferred . 10c A fund 75C 7% Merritt-Chapman 1-20 50c pfd. conv. sink, $5c ——— 1-31 , 20c quar.)— series 1:10c preferred (quar.)— Manufacturers Insurance Co. & 1-8 1 series U5c . 2nd Corp. 1 2- $3 preferred Corporation, common 414 % preferred (quar.) 4% 2- . 50c 7*" (quar.) 12-15 15c (year-end) Corp.. Electric 5% 25c ; (quars,)— — 1-30 25c (quar.) Co. Company 5% 1-22 1:50c Mead Melville :IV' — — Extra 1-22 m.25 lquar,)_ (s-a)—— (quar.)—_—-— Mines, Ltd. (quar.) Porcupine 1-17 Jan. 25c 37 %c 4% preferred series F (quar.) 4.10% preferred series H (quar.)— Rockland Light & Power Co., com. (quar.) 5% Products preferred American 1-31 50c Ccrp. McLellan 2-9 (entire on Gas Common 1-16 60c preferred A class Finance 1-31 $1.0614 ——— 5% Rochester 3-9 1 (s-a) (initial Pacific 1-15 10c — (quar.) Aircraft 1 2- Manufacturing preference :5% (quar.) Electric Co.— & Pacific 1-15 1-25 10c —— prcf. (quar.)^.———^ Ltd., class B (quar.) McCormick 1 15c —— A 4- (quar.)— (stock Elevator Oxford 2- $1.0614 $3 preference das 93 %c $1.50 (quar.) preferred Filters, Steel Ontario (s-a)„ — 9 93 %c L.) redemption 3-9 v (P. plus this dividend) Robinson Cotton Mills, Ltd ^ Co. 4y2% Ltd., Otis Corp.— Gas Oneida, 1 Ltd._ Grain Co., Extra 4-1 ——- Hampshire) $2.25 convertible 9 $1.50 —— 3- Company (quar.)——— 1- —. 4-1 (quar.) common 2- — Co., 1 New 1 (quar.)__ RR. $1.12V4 25c preferred A 2-15 preferred — Massawippi; Valley $2.25 4- ——_— McCall Inc., 2-15 2-15 $4 —— McCabe Ohrbach's, 1 Co.— _———— Maltine Inc. 1 35c Louis Ry. 1-19 1-20 (quar.) Co. Shoe Ohio-Apex, '— St. Ry. convertible 3- — & — $2.50 1-19 common—— Gas (New 1 62 %c — — 1 2-1 2-15 (Hartford) preferred Pharmacal 4.50% Nunn-Bush 3- quar.) pfd. (quar.) Light, $6 pfd. (quar.)— & (s-a) Norwich 25c 25c Lynchburg Gas Co 'Macco Corp. (quar.)_ Macoil Corp. (quar.) Macy (R. H.), 414% preferred A (quar.) 4% preferred B (quar.)— Marshall 1-24 Oklahoma 5% non-cumulative preferred Luzerne County Gas & Electric 414% preferred (quar.) Mailman 1 50c pfd. (quar.) ---- (quar.) Works Engineering Co Utilities, Ltd., 4% 87 %C (quar.)—_ 2nd Louisville, Henderson Common Northwest $1.00 5% 2- 60c 42'/2C — Northwestern — (increased 8% convertible 15c , Dock Co., & 1-15 Corp.— Corp., Pacific Railroad- Gas Coal 1 (quar.) Co, Insurance Northern —— Lotie Star 2- 25% Engineering Northern 115c stock (quar.) original stock Inc. (quar.i Loblaw, pfd. (accum.) 2-14 (Initial) (quar.) 40c Holdert When Payable of Rec, . Robertson , Bearings preferred 3-15 Special $4.30 6% 1-10 Insurance Liquid Carbonic Corp., common 3V2r/o preferred (quar.i Little Norma-Hoffman Liberties 40c (quar.) 1-15 Ry.— preferred Northern Co., Fort Wayne, Ind., new common (initial)— Printing Co., common preferred 1 Electric Corp.— Stock dividend 1-20 Lincoln S3.50 adjusted 3%% Co., 2- $1.12% — (quar.)-——-— J.) Western 1 2- $1.12% (quar.) National 4% (J. & 2-28 10c — (quar.)— 2-13 3-15 $1.18% — (quar.)---—— preferred 1 2-15 s-ai (quar.) common 2-23 25c (quar,)—,— Gas, & 50c —-— (increasea Co. Co. Electric preferred preferred $1.50 Brothers, Ltd Lexington Trust Fund Shares Miles 1-19 2- 10% Lewis GOc 4'/2% 12-13 Co Share ■ & Myers, Inc. Common (irreg.) $1.50 participating preferred(quar,). Participating Noma Corp. preferred (quar.) Leslie Lord 1-15 Stores 4%% Link 1 1 Insurance Merchandise State $8c — Sons, Y. Y. 3%% ; & Fire Y. N. N. 2-13 50c —-——— Co. —- 1-31 31 %c —- Rubber Lees 1 2- 20c Inc., 4V2% pfd. (quar.)__—— Bleachery & Dye Works Leece-Neville 1-17 1 Cotton Steam Corp., common (quar.) — Brothers, Inc.— 4%% convertible preferred (quar,).——• New Rochelle Trust Co. <N. Y.) (s-a) —• 3-12 $1.75 Bryant, Lauett 1-17 Robbins ' Neisner N. 5% convertible preferred (quar.) IiSfayette Nat'l Bank of Bklyn. in N. Y. (s-a) Lainaque Gold Mines, Ltd Lainston (M. H.), Inc.— Lane Naumkeag Per Name of Company. , 1-8 1-22 10c (quar.) Holdert Payable of Rec. Share \ Co. Nazareth Cement 2- 50c Telephone Corp.——— "L& Plante-Choate Mfg. Co.— dividend 3-20 2-15 2- $1.50 Crosse Stock 1 at (quar.) Mfg. 1-31 20c — & 4- 1-23 (entire Kresge (8. S.) Company (quar.)_— Kroger Company, 7% 2nd preferred of Company 1 2-24 15c 343/«o pfd. Name National Tile 2- 37 %c When Per Holdert Payable of Rec. $20 2- 1 1-15 $1 2- 1 1-10 $1.14 2- 1 1-10 v Volume 173 Number 4979 . . The Commercial and Financial Chronicle . (423). : . Name of Thalhimer 3.65% ' " >' Company Brothers, When • Share Holders Per Name of Payable of Rec. U. > preferred (quar.)_—_____________ Glass Mfg. Co.— Thatcher Per ' ■ 1 " ; " Inc. 91V4C 1-31 convertible Thermoid preference (quar.) 2-15 1-31 *4% .preferred (quar.) Thrift;Stores, Ltd. (stock $1.75 Guarantee Co. (Bait., Md.) Preferred deposit Amef. dep. Tokheim Oil, Toledo Edison Co., .4% % Mining Transit, 3-15 3- 1 Universal Leaf 3-15 3- 1 Universal Products 10% 1-31 1-15 ,__ each 2-15 1- (quar.) 30c South 2-15 9 12-28 Correction 2- 9 12-28 reported 3- 1 2-20 intended 62 %c 2- 1 1-10 $4 preferred $4.50 Gas Union Oil Co. 25c 2- 1 2- 1 Co. 1-15 4- 62%c 2-15 2-15 California 2- 1 1- 50c $1.25 2- 9 1-10 3- 1 2-15 (quar.) .$3.50 pref. conv. United B S. U. 1 (quar.) Corp., class A Bumper preferred 3- ■«' $1.25 1 2-20 Wilson & 1 2-20 $4.25 2- 1 _ 1-17 Winters ,S2 2- 1 1-17 30c 2- 1 1-15 3-20 3- 9 50c 2-16 2- 6 2- 1-25 last 6% 1 1 1- 9 1 _ 2- 50c 5% Brothers preferred 25c 2- 1 1 2-15 2- 3- 1 37 %c 2- 1 5- 1 4-17 37 %c 8- 1 7-17 62 %c 2- 1 1-22 37 %c 2- 1 1-15 2-10 1-25 com. preferred (quar.) (quar.)___ & Co. $1.06% $2.50 1 class Ltd., 5%' Lta.__ 2- $$1.75 preference on (Entire W.) 2- 1 March at 1 $25 ; 311/4c 3- 1 25c 3- 6 50c 3-1 2- 50c 3- 2- 9 2- 1 1-20 3- 1 2-20 25c 4- 2 3-20 1 2-15 (quar.)—. 20c common— 1 1-15 2- 1 1-1Q 2-1 6% preferred (quar.)—— 2- 1 1-15 50c 2- 1 1-18 2- 1 1-15 •Transfer books not closed 3- 1 1-31 2-15 12-29 tPayable in U. S. Funds, less tPayable in Canadian funds, Radio Corp. - 1-2 tlOc 2- (quar.)— 1- 2 •' 2- 1- 2 f37Vic — 2-1 t31%c — 2-1 1-2' 50c 1-31 1-10 ___ for this , 1 dividend. . . ;'"-)t25cF t$l resident tax 15%; 15% Less British x Less 1-15 y Corrected 1 1-15 deductible tax non-residents' the at tax. ♦ , source. Non¬ reported her#. 7%. Jamaica income tax. 1 Canadian tax resident a 1-19 2- 1 50c 2- 31%c 2- (quar.) 1-20 2- tl2%c ______ 2-21 $1 com. 1-31 75c Extra- (quar.) (quar.) 9 10c preferred (initial) common 3- 37%c Fields, Inc 5% 40c 2-20 j Company 1-15 Zenith 1-15 25c Company 1-15 1 1-15 , issue (quar.) Consolidated Gold Ltd., 1 25c Co. t$1.37% _______ 1-23 1.31 . Zellers, 1-25 2-13 3-19 2-15 - t$l 75 _ iRudolph) Company (irreg.)— Cab Co., 6% conv. preferred (quar.) County Gas Co. (quar.) Yuba ; '1-31" "y 1 isc Wurlitzer York 3- 4-1 . plus this dividend.) (F. 2-21 $1.06% $i.50 1-26 12 %c Telephone Co., preferred 1-20 Ltd.— 1-26 (accum.) Western Light & 1 25c (quar.)__ $3 (quar.) Breweries, A 2- i5C $3 ... Co. 2-10 $1.12% (annual) i Mfg. i.iq Yellow Co., (quar.) (Raphael) 1 (accum.)___ Wrigley (William Jr.) Monthly Monthly Monthly 1-16 37 %c ; preferred Grocers, 2-15 56 Vic 12-30 1-19 o. 1-19 , Extra 1-31 1 f Machinery Corp.— Governor Woolworth Co.— Canada 1-19 20c common (quar.) 1-15 Western Insurance Securities Co.—- 1-19 2- (resumed) 1 ■ I 25c (quai.) Western 2- ~ 1 James, redemption per share Co.— (quar.) (quar.) & convertible Woodward 50c _ 2- 2-1 Power preferred for 1-19 1 _ (quar.) Ist Preferred (Quar.) called (quar.) Western 1-15* 1 _ Coke preferred Q 1st 1 2- 50c : (quar.) Alexander -7% Peninsular Wesley Mason Mills, Ltd., 5V2% pfd. (quar.) West Kentucky Coal Co. (quar.)__ West Point Mfg. Co., new common (initial) " Electric Wood Newspaper was 2- S1 (quar.) _ (quar.) common (quar.) Crampton Corp. preferred Wood, payment week Upper 8 common Compauy, & $1.43% 50c common (quar.) Co., Wisconsin _ Ry., preferred Co. Wentworth 1-31 2-28 O Oil 3-lj)1 (initial) preferred 3- (quar.)_ com. .. $4.50 1-31 75c Co., the preferred Weill 1-15 2- 15c Inc common Wilcox _ preferred $4.25 1-15 2-28 15c (quar.)-, Spring St 4%% (quar.)__ —; Chemicals, $5 1-19 $1.37% (s-a) column preferred 5% 5 2-15 !38c t35c . t70c Tool preferred S. A quar.) Radiator Corp., S. U. & B Industrial 6% class 1 2- 87%c Ltd., this for Extra .J Drill Clafis U. (quar.) (quar.) Extra United pfd. (quar.) Corporations, Class conv. in Washington Gas Light Cigar-Whelan Stores Corp.— 5% 1-19 *15c Iron, Coal & Warren 1-20 t20c Aircraft Corp., 1 1 2-15 4-2 -" $1>25 Erie $2 prior preferred (quar.)— Wilbur-Suchard Chocolate Co,— 12 %c America 6% 1-20 2-15 Ltd United 2-20 " $r.25 $1.25 (quar.) common 2- common i. 5:/4% 6% 1-20 $1 92%c United 1-16 9 New 2- preferred (quar.)__ Virginian Railway 1-20 $1.12% Canada, 1 3- pfd. A (quar.)_ 4% prior lien (quar.)— White Sewing Machine Corp.— 30c 4% 3-15 2 2-15 87 %c preferred $1.31% (irreg.) (The 6% (quar.) (quar.) of Virginia 1-15 20c (irreg.) (quar.) of of Ltd. Power 1-13 (quar.)_ preferred Union 1-31 Corp. 2- 50c (quar.) Quarterly Missouri— of 6 When Holders Payable of Reo. Share Tablet & Stationery $5 Vertlentes-Camaguey Sugar Co. (Cuba) — for (quar.) preferred ,$3.70 Ventures, — stock common 11- 1 30c (quar.)_ (quar.) preferred Corp. 1 2- —_— America Street Co. preferred Vanadium 8 3- (quar.) LaSalle Electric $3.50 1- $1.06 % held. Works, preferred Union : of common 62 Vbc - Co. (quar.)_ Power, common Camp Sea Food Co., Inc., 2c (stock dividend) (quar.) 2-20 1 1-27 17%c — (quar.)_^ common... convertible tl5c shares Lamp 3- Corp., Per _ RR., 5% Wheeling & Lake 30c $4 Van 65c Tobacco, preferred Valspar 8 _ pfd. preferred Valley Mould & Iron Corp., ' 8 (final)—13.71431o $6 5% preferred $5.50 1- (quar.) Corp., Peninsular 3c Bank 12% Tung-Sol 908 Corp. of 12-30 2-15 (quar.) Elevators, Ltd Company (quar.) share 1-25 13% (final) Toronto One Upper by4% I Transamerica 1-15 Stores United Co Extra Trane 1-31 2- preferred United 6-15 Co.— _ com. preferred 2-15 7% 3-15 — for deferred semi-annual Tonopah 11-20 $1.50 1-15 1 50c ordinary &' Pump Tank •Increased $1.75 1 „ Company Western 1 7-31 Ltd.— Co., recipts for receipts 5- 8-19 6-25 . Pacific 6 5-20 $1.75 4- 20c Trust 2- $1.75 (quar.) 2- (annual) Securities Ameri 2-20 (quar.) 50c r „ Name of Western preferred 62 %c (quar.> dividend) Holders Payable of Rec. preferred 50c ptd. conv. When Share 7% $1 Company, $2.50 Mills (quarterly).—,. Quarterly Thompsbn Products, Inc., common Tobacco Company Corp.-r- 7% __ Thomaston Title Steel 1-20 60c „ $2.40 S. 47 Previous income payment tax. or holders published dates of were record dates are incorrect. ft' STATE AND CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS ■) bids ALABAMA Athens, Warrant Sealed Jan. on 29 for S. Ken- receive (CST) purchase of Clerk, until bids will 3 p. the m. $300 000 refunding water revenue Warrants. Dated Feb. 1, 1951. Due on Feb. 1 from 1953 to 1981 in¬ clusive. The 1962 in maturing warrants thereafter and 2 are Due Avon County Project (P. O. Phoenix), Ariz. Bond Offering—A. L. Monette, of Secretary will sealed receive a.m. (MST) on of purchase Board of Directors, Bond (P. 5 $4,500,000 bonds. maturing on Jan. 1, 1961 callable. Principal and inter¬ are (J-J) payable at the office of District in Phoenix. Legality est the approved by Chapman & Cutler, of Chicago. CALIFORNIA Loma Alta San School Bond > son, sealed on Clerk, County bids until Feb. 5 for 11 a. the $110,000 school bonds. .15, 1951. to 1962 interest County Belmont San Treasurer's (PST) of Dated Feb. at office. the (P. sealed bids Feb. on 6 Clerk, until will 10 a. the for 1, 1951. 1975 Due interest Principal payable at (F-A) the Le¬ gality approved by O'Melveny & Myers, of Los Angeles. Aptos Union Elem. Sch. Dist., Santa Cruz County (P. O. of Feb. and the Valley Union Sch. Dist., Diego County (P. O. San Diego), Calif. — bids until 10:30 000 school bonds. 1951. to Due 1976 interest on m. Dated March March 1 from inclusive. Principal (M-S) payable at Treasurer's office. 1, 1952 and the County Le¬ gality approved by Orrick, Dahlouist. Neff & Francisco. Herrington, of San . 1 Cruz), r Offering — H. E. Miller, County Clerk, will receive sealed . Campbell Union Sch. Dist., Santa Clara County (P. O. San Jose), California xx a.m. (rfli) Oil of Additional Due on IV4S. school 1955 ucixi. 15 Los nat, County sealed on Clerk bids Jan. until for 29 will 10 Due receive San Flores Sch. 16 — the and at the price a of Dist., school 1952 to a.m. bonds. Due 1973 on Dated March March 1 from inclusive. Principal (M-S) payable at the Treasurer's office. Le¬ and interest County gality approved by Orrick, Dahlauist, Neff & Herrington, of San Francisco. Bank, of I^os Angeles, as 13/4S, at a of 100.76, a basis of about price 1.66%. Sale—The ing bonds offered :: ■ Middlebury, Bond Sale Conn. The — $545,000 school-1951 bonds offered Jan. on 16—v. 173, p. 244—were award¬ ed to R. L. Day & Co., and Coffin & Burr, both of Boston, jointly, as 1.35s, at price of 100.41, a of about 1.30%. basis a r - Waterbury, Conn. Bond Offering—John E. were — of Amer¬ 4s basis oi a Sale—The issue Colton 000 a School purchased as City Comptroller, bids until will Feb. Bulger, receive for 1 $2,251,000 obligation bonds. - ; the general of DELAWARE 1.35%. on Jan. of bonds a from IV2S, at as basis of about 15, 1951. 1952 to Due 1966 in¬ clusive. Bond school by Francis l%s, at of 1951. Rosa Sale School — The $45,000 District build¬ Jan. 15—v. 000 school bonds issue of was Co., as on Feb. Dated Feb. inclusive. 15 15, 1952 from Legality ap¬ by DISTRICT OF Public Diego County, Mesaspring Valley Sch. Dist. (P. O. San Diego), Calif. Sale—The purchased & bonds of San Francisco. Bond duPont Reed, Hoyt & Wash¬ burn, of New York City. purchased by Weeden & Co., were I. was 1.56%. Due 1975 bonds price of 100.73, a basis a about to issue of $240,- Sale—The 000 proved Additional Del Smyrna Special Sch. Dist.; Del. $210,- District Angeles, Dated Jan. 15 . by J. B. Hanauer price of 101.19, Calif. $49,000 on ' CONNECTICUT San O. Santa Rosa), $110,000 mu¬ - 1951 bonds Jan. 10—v. 173, p. 50— awarded to the California on on (P. O. San Bernardino), Calif Liberty Sch. Dist., Sonoma County Bond Sale —The San Bernardino County Sch. Dists & Co., of Los 1951. . Calif. " Bond H. (PST) on Jan. 29 for the purchase of $43,1, 244 102.49, Covina, about 3.68%. bids 000 Bond purchase was 10:30 p. from 15 $10,000 offered Bank Feb. on nicipal improvement sociation, of San Francisco, Sexton, County Clerk, will receive sealed until bonds 173, v. to The Due West sealed Diego), Calif. Offering—T. system — follows: Feb. 15 from 1958 to 1976 inclusive. ' were The purchased as on 1952 to 1957 inclusive. 95,000 2s. ica National Trust & Savings As¬ Diego County (P. O. San Bond Union — were Offering awarded Mar. 1 from 1952 Principal interest (M-S) payable at County Treasurer's office. Jamullas Jan. Dated Mar. inclusive. 1971 on water m. (PST) purchase of $192,000 school bonds. 1, 1951. Bond a. the bonds Angeles County Water Works Dist. No. 23 (P. O. Los Angeles), Calif. G. A. Pequeg- — 1.45%. Sale Verne Heights School District bonds, at a price oi 100.80, a basis of about 1.87% California Bond Offering Due La 9,000 inclusive. 1957 to Jan. on 2.01%, $20,000 2V2S. $15,000 La Verne Heights Schoo District bonds, at a price oi 100.46, a basis of about 1.95 % Jan. 15 from Due cost of about offered $24,000 by Weeden & Co., of San Francisco, as 2s, as follows: San County (P. O. Riverside), (P. County Clerk, will receive sealed w.ivax Co., to Coachella Sch. Dist., Riverside T. H. Sexton, (PST) on Jan. 29 for the purchase of $163,a. 15— a to S""+a Bond $345,000 Is. from County Treasurer's office. Offering Jan. awarded & Savings Association, of Francisco, and Associates, at price of 100.01, a net interest San 16—v. San Francisco, price of 100.51, a basis of about a follows: as (PST) inclusive. on $600,000 price of 100.10, a interest cost of about 1.12%, 255,000 Aug. 1 from 1952 on IV2S, Trust Trust 173, p. 244—were awarded to the Cali¬ fornia Bank, of Los Angeles, and Co., of 50—were San by the Bank of America National $165,000 WhitSchool District Jan. on & Francisco, at net Sale—The Elementary as receive Dated Bond tier. Kaiser p. of Angeles County Sch. Dists. (P. O. Los Angeles), Calif. jointly The — Trust a Bernardino), Calif. American O. purchase $68,000 school bonds. to m. 173, National Association, bonds offered school bonds offered the Savings Sale Bond v. America Los Chaffey Union High Sch. Dist.; City), Calif. Bond Offering — W. H. Augus¬ County and the at of Francisco. 1952 to 1954 inclusive. Elementary Sch. Dist. County Principal payable & 145—were awarded to the p. Bank 1, 1952 Francisco. Redwood tus (M-S) 173, $159,000 March from 1 County Treasurer's office. Legal¬ ity approved by Orrick, Dahl¬ quist, Neff & Herrington, of San County Clerk, will receive sealed purchase payable Mar. 1 from 1952 Principal and on Mateo Bond Due on Feb. 1 from 1952 inclusive., Principal and (F-A) Dated Mar. (M-S) payable at County Treasurer's office. San receive m. (PST) purchase of the for receive m. interest „ L. Alli¬ will interest of Dated March on inclusive. San a. purchase bonds. San Bernardino County (P. O. inclusive. Bernardino County Offering—Harry 29 Due 1971 Cajon District (Pi O. San Bernard' ino), Calif. * Jan. the Due 1971 Pequeg- will 10 1, 1951. Dated Jan. bonds to 1976 Riverside), Clerk, until bids to the corporate 1, 1951. Due on Jan. and July 1 from 1972 to 1980 inclusive. The No. issue O. $66,000 school bonds. for 30 Jan. to Riverside Offering—G. A. County nat, 10 until bids 1951. California on Agricultural Improvement and Power Dist. River 1, 1951. 1952 School District, for 29 school Principal and interest (F-A) payable at the office of th6 County Treasurer. Legality ap¬ proved by Orrick, Dahlquist, Ne'ff & Herrington, of San Francisco. sealed ARIZONA from 1 Jan. $74,000 inclusive. call¬ approved by White, Bradley, Arant, All & Rose, of Birmingham. on of Dated Feb. Feb. on (PST) m. purchase able. Legality Salt p. the school bonds. Offering—M. City nemer, Ala. until for 23 $115,purchased Housing COLUMBIA Administration, Washington, D. C. Note Offering—Sealed bids be received until Jan. will 30 for the purchase of $37,167,000 temporary 1 V^oi'nrt hv Vflri- (424) The Commercial and Financial Chronicle local ous shown authorities housing The as herewith: payable $1,581,000 Bremerton, Wash. Dated Feb. 10, 27, Due 1951. 1951. Due 15, 1952. 5,517,000 Bridgeport, Conn. Dated Feb. 27, 1951. Due on Aug. Mound Bond 1951. 305,000 Fayetteville, N. C. Feb. 7 as to may the be pur¬ Bond III. River, Sale—The Dickson & Co., McDougal & Con¬ syndicate March 7 1951. Due 27, 1951. 2%% Ariz. Due 31, 1951. 1,026,000 Pittsburgh, Feb. 27, 1951. 1951. Due on 1985 bonds. inclusive. I. R. 27, 1951. Due May 25, on Dated Aug. 31, on 1951. Dec, from 1 1979 to bonds dated are Dec. proved by Charles & Trauernicht, of St. Louis. ton, City Controller, will receive 1952. $11,161,000 San (City Francisco, Calif. County), as fol¬ and lows: $6,863,000 55th series, $620,000 56th series, $1,532,000 12—v. to a loan notes offered tem¬ Indiana National Bank, American National Bank, Fletcher Trust Co., Trust Co., and the Mer¬ chants National Bank, all of Indi¬ anapolis, at iy4s. 57th series, $2,146,000 58th se¬ ries. Dated Feb. 27, 1951. Due Lincoln (P. Mill Creek), Ind. on. Aug. 10, 1951. Bond Sale—The issue of $30,5,291,000 Tampa, Fla. Dated Feb. 000 school township bonds was 27, 1951. Due on Aug. 10, 1951. "purchased by the Indianapolis 722,000 Washington Co., Pa., Dated Feb. 27, 1951. Due on Bond & Share Corp., of Indianap¬ olis, as l%s, at par. March 7, 1952. • GEORGIA West Point, Bond City bids 29 Offering—N. Clerk, until for will 3 the L. Barker, receive sealed p.m. (EST) purchase of Sale The — $27,000 pur¬ approved *Troutman $49,000 bonds, City $22,000 Barrington, III. JNuveen & at a purchased price 1951 to by 1970 Nov. on John inclusive. 1 from Legality approved by Chapman & Cutler, of Chicago. Hamilton and Jefferson Counties purchased by the Illinois Munic¬ ipal Bond Co., of 3s Murphysboro, and JL950. 3x/4s. Legality Charles & Dated Dec. approved Trauernicht, of 15, by St. Louis- Bond Joliet, III. Offering — Blackhurn,. City ceive sealed Arthur will until 2 p. R. re¬ m. (CST) on Jan. 22 for the purchase of $165,000 bonds, as follows: $115,000 fire equipment Due 1 on 1969 1 from 1963 bonds. to Due 1962 on The * Dec. 1 inclusive* from maturing in office. Le¬ $82,000 school bonds. 11 receive bonds. on building from 1 to 1950. dated All bonds Carpenter, by Ahlers Des Moines. callable. are approved Dec. 1, Le¬ Bannister, & Cooney, of of revenue Due interest on ■ t ' • . Davenport, Iowa 000 Sale—The Sea Wall issue bonds of was chased by Vieth, Duncan & of Davenport, at a $125,pur¬ Wood, the at First Bond Sale — The issue of by White-Phillips of Davenport, at par. kin, City Clerk, $100,000 gas revenue bonds. Sale—The issue of $175,building bonds was purchased by Quail & Co., of Davenport, as 2s, at a price of 100.22, a basis of about 1.98%. Spencer, Iowa Bond Sale—The pital bonds v. 172, offered $146,00)0 hos¬ Jan. 2526—were awarded to Halsey, Stuart & Co., as iy2s, at a price of 100.60, a basis of about to 1956 Due Feb. on 1 $2,200,000 third 1 of Boston. by Heenehan Legality 1966 to 1971 Essex County (P. O. Salem), Mass. Note Sale—The $1,500,000 tax anticipation notes offered on Jan. 16—v. 173, p. 245—were awarded the Naumkeag Trust Salem, at a discount rate notes Sale Co., of of 1%. The — $400,000 by the Bank, of purchased were Gloucester National Gloucester, at a discount rate of 0.96%, as follows: $300,000 Tuberculosis Maintenance 100,000 -y Everett Housing Note Hospital Loan Industrial notes. notes. Farm , Loan y^ytv ■.y,:' . _ Authority, Mass. Sale—The $3,000,000 loan, fourth tem¬ series porary offered on awarded to the Jan. 17—v. notes 173, 245 p. following: Banking & Trust Co., follows: To Branch as $1,000,000 at 1.05%. 1,000,000 Feb. 1 from on ap¬ Sullivan, Donovan, Hanrahan, of New & from 1957 to 1965 inclusive. 267,000 21/4s. Due notes. City. Wilson, Feb. on tem¬ series Feb. 1, 1951. Due on Jan. 31, 1952. Principal and interest payable at the National Shawmut from inclusive. at mium inclusive. MAINE will 1.07%, of $22 plus a pre¬ . Bond len, City sealed system Jan. Dated Sept. 1, from 1953 Manager, bids Al¬ B. will the 1 The First bonds school 1950. ma¬ bonds. National Bank, of Carlisle. Legality approved by Wyatt, Grafton & Grafton, of Due Falmouth, Mass. noon (EST) on purchase of $200,- National Sept. on $1,000,000 at 1.06%. receive until 23 for the 000 follows: Auburn, Me. Offering—Bernal receive Phelps, Fenn & Co., and R. Pressprich & Co., jointly, as W. y Mulli- distribution inclusive. at on Bank, of Bond Offering—Eunice M. Law¬ Le¬ gality approved by Storey, Thorndike, Palmer & Dodge, of Boston. sealed First 45 (EST) purchase of 10—v. 173, p. 146—were Thornburgh Co., Woody & Heimer- about of $100,000 3s. 1953 3.19%, follows: as March 1 from Due 1963 to on inclusive. 3V4s. Due from 1964 to March on 1 inclusive. 1973 awarded —were Clerk, Jan. 000 nue Due until the for 26 will 10:30 water extension Dated Jan. Dec. 31 from on Metropolitan Dist., Mass. Bond Offering—Henry G. Gomperts, Chairman of Board of Trus¬ tees, will receive sealed bids un¬ til 11 a. (EST) on Jan. 25 for the purchase of $14,720,000 bonds, Dec. 1 from Lot 987,000 series B 1 from 825,000 15 for Due from 1952 to 1961 on inclu¬ sive. Principal and interest (M-S) payable at the office of the School Board Treasurer, or at any bank specified by the purchaser. Legality approved by Chapman & Cutler, of Chicago. March Parish Sch. Dist. No. 1 (P. O. Gretna), La. p. Bond Sale — The school bonds offered v. 172, p. The on on 1981 Due 1981 1 M. I Keach, Town on series C series D March 1 from 1952 2 p.m. Due to on 1981 Treasurer, dated March (EST) Feb. 1 70,000 Jan. on are and New approved callable. York by Bristol County (P. Taunton), Mass. roy, (EST) of sealed on the as fol¬ '• from 1952 Due 1966 to • 7 on in¬ school loan act of Feb. 1 Due 1950 1966 inclusive. on from The notes are dated Feb. 1, 1951. Principal and interest payable at Merchants National Bank, of * Framingham Housing Authority, Massachusetts Note Treasurer, will bids 10 until sealed Chairman, bids at the will receive office of the State Housing Board, 18 Tremont Street, Boston, until 11 a. m. (EST) on Jan. 24 for the purchase of $1,340,000 temporary loan, third notes. Dated Feb. 1, 1951. Due on July 31, 1951. Principal series interest payable at the First Bank, of Boston. Legality approved by Sullivan, Donovan, a. Heenehan re¬ York m. on Nov. & Hanrahan, of New City. Jan. 23 for the purchase 23,;1951.' Due Offering—Norman L. Mc¬ National $650,000 temporary loan notes. Dated Jan. for 1952 to and O. Offering—Ernest W. Kil- County Jan. 23 notes. Donald, 1, Mar, on City. Le¬ Ropes, Gray, Best, Coolidge & Rugg, of Boston. gality will of the care clusive. in¬ Principal and interest payable in Boston ; $15,000 school loan notes. the maturing thereafter or y. Florence purchase of $85,000 notes, March 1 from inclusive. are j j ton, 28 State Street, Boston, until inclusive. from bonds 1977 $3,500,000 15— 1, pay¬ Lot 3 The bonds ceive 2429—were awarded to 1 Feb. dated are Florida, Mass. Offering — Mrs. Note clusive. Note Jefferson bonds to Bank, of Legality approved by Ropes, Gray, Best, Coolidge & Rugg, of Boston. Mar. on inclusive. 6,564,000 series E bonds. the Due ji 1952 Principal and interest Boston. 1, 1 Due 1981 construction, v.y: Dated 1951. bonds. to 4,500,000 1951. 1, on in¬ refunding, construction, 1952 t purchase of $250,000 school bonds. March Due 1981 2 1952 to bonds. Secretary of Parish School Board, Feb. The lows: construction 1952 to (P. O. Homer), La. Offering — F. C. Haley, on to 11 Bond (CST) 1961 clusive. bonds. No. bonds, from 1 Merchants National Bank, of Bos¬ 1 $1,844,000 series A bonds. LOUISIANA Dist. ;.(l to inclusive. Feb. receive sealed bids in follows: 1970 Woodward, Hobson & Fulton, of Louisville. building on 1971 m. Lot Principal and interest payable at the Bank of New Hav¬ en, New Haven. Legaility ap¬ proved by school 1952 Boston. Boston 1951. 1951 to from 1 able at the First National reve¬ 1, as building bonds. Feb. Due Branch 1.05%. purchase of $25,- works bonds. receive sealed m. (CST) on a. 300,000 245 p. the inclusive. at as City the school on 1951. New Haven, Ky. Bond Offering—Ivo A. Howard, to 173, for bonds, Banking & Trust Co., of Wilson, Walter, dinger, both of Cincinnati, jointly, at a price of 100.01, a net interest cost 17—v. the 24 $1,300,000 1971 Housing Authority, Mass. $1,050,000 tem¬ loan, third series notes Jan. re¬ of care Jan. on Due Sale—The on in follows: Attleboro offered bids Bank, of Boston, Street, Boston, until 11 Milk Cumberland porary will National $1,000,000 Note Treasurer, ceive MASSACHUSETTS Jan. Town rence, a.m. Boston. Louisville. 15— on as able March Bond 2.19%, turing in 1954 to 1972 are callable. Principal and interest (M-S) pay¬ a.m. 000 Due 2s. 335,000 will receive sealed bids until 9:30 Township Con. Sch. Dist. (P. O. Route 1, Waterloo), of loan, Dated syn¬ Dated July 1, July 1 from 1951 to 1970 inclusive. Principal and in¬ terest payable at the Merchants Due 1972 $18,- Orange about 3s. 1952 State sealed bids until 7:30 p. m. (CST) on Jan. 22 for the purchase of Claiborne Parish Sch. Co., purchase porary To 500 street improvement bonds was purchased of cost $155,000 Principal and inter¬ Offering—Arthur price of 100.24. Hawkeye, Iowa a follows: on or after inclusive. . 1 inclusive. Co., of Birmingham, Ernest M. Loeb Co., John Dane, and A. M. Smith-Wood Co., all of New Orleans, at a price of 100.21, a net Carlisle, Ky. bids are the to March on Gagne, sealed bids State Housing —were 1, 1959. Bond Dec. 1951 office of the Board, 18 Tremont Street, Boston, a. m. (EST) on Jan. 24 for & row Pineville. Legality ap¬ proved by Chapman & Cutler, of Chicago. improvement bonds. June on Due 1978 to 1981 Rheo — until 11 dicate composed of Shields & Co., of New York City, Watkins, Mor¬ (EST) m. purchase optional are payable 130,000 Due 1 1967 to 1977 inclusive. 2526—were awarded to p. Jan. 1 from 1952 to 1965 inclusive. est 1 March on Sale—The $757,000 school bonds offered on Jan. 18—v. 172, Dated Jan. 1, 1951. The bonds Jan. March on 1966 inclusive. Due Bond a. the Offering inclusive. Washington Parish, Parish School District (P. O. Franklinton), County (P. O. Pineville), Ky. Bond Offering — Clarence Hill, County Court Clerk, will receive for at the 1, Louisiana until Note Chairman, will receive Additional Bell 25 to 2V4s. from KENTUCKY bids Due 1960 659,000 City. Jan. 2!/4s. from callable. Treasurer's Chicopee Housing Authority, Mass, 2.51%, March on 1959 to 1,485,000 2V2S. Principal (F-A) payable at the about of Due 1952 from 1, 1962 gality approved by Stinson, Mag, Thompson, McEvers & Fizzell, of follows: as bonds gality to 50,000 fire station rehabilitation 1959 will 1958 inclusive. bonds. inclusive. Dec. Mit¬ E. Iowa Clerk, bids sewer Bond Community High School District No. 97 (P. O. Dahlgren), III, r Bond Sale—The issue of $111,000 school building bonds was as Clerk, sewer Due $60,000 Co., of Chicago, as 2y8s, of 100.25, a basis of about 2.09%. Due State 1 from 1952 to 1955 inclusive. 27,000 was Algona, Iowa Offering—Laura Bond ILLINOIS Bond Sale—The issue of are and chell, bonds from Feb. awarded to W. C. IOWA sealed bids until 7:30.p. m. (CST) on Jan. 25 for the purchase of Spalding, Sibley, Kelley, of Atlanta. those and Bank, of Boston. York 21/2s. 714,000 dated are on were (F-A) payable at the First Na¬ tional Bank, West Point. Legality by bonds Co., both of price of par, a a cost follows: in 1 at par. Township bonds $170,000 school bonds. Dated Aug. 1, 1950. Due on Aug. 1 from 1951 to 1970 inclusive. Principal and interest & Feb. on Orleans, at interest $642,000 chased by the First National Bank & Trust Co., of La Porte, as ls/4s, Jan. on . 1951. Principal and interest payable at the National Shawmut Bank, as from County (P. O. Burkesville), Ky. Bond Sale—The $230,000 school building revenue bonds offered Civil Ga. Due 1969 to to O. 9, proved net 1 Monday, January 22, 1951 . and Schweickhardt & Feb. on . New Feb. 1 from on 1969. 1950. Township Additional Due l3/4s. Jan. on 173, p. 146—were awarded syndicate composed of the Indiana from Bank, Sale—The $1,225,000 porary Rock Island, 111. Dated 27, 1951. Due on Feb. 15, City De¬ Indianapolis, Ind. Note 1 1967 inclusive. and interest on Bar¬ sealed bids until 1 p. m. (CST) on Feb. 5 for the purchase of $525,000 temporary loan notes. Le¬ gality approved by the partment of Law. Due 1963 and sealed Indianapolis, Ind. Offering—Patrick J. Note Feb. on 1, The bonds maturing in 1979 1985 are callable. Legality ap¬ to 315,000 Rock Island Co., 111. Dated Feb. 27, 1951. Due on Feb. 15, 1952. 40,000 Kansas The Aug. Dated as 1963 inclusive. to 1950. Dated on Pa. Due 740,000 Providence, Feb. Due 1978 to Due on Aug. 31, Phoenix, 27, 1951. Feb. 709,000 1952 INDIANA 797,000 1.64%, fol¬ as sewerage Aug. 1951. Feb. from 1 Dated on 1964 Robert inclusive. 31, 1951. Norfolk, Va., as follows: $1,043,000 37th series, $1,285,000 38th series, $370,000 39th series, $750,000 40th series. Dated Feb. City,'and Co., of Boston, Dec. 306,000 27, about Due 80,000 l%s. The on Due on March 2,657,000 Nashville, Tenn. * York Phelps, Stubbs, Smith & Lombardo, of Birmingham, J. S. Love Co., of Jackson, Hannahs, Ballin & Lee, of New York City, Lyons & Shafto, of Boston, Thomas & Co., of Pittsburgh, Hirsch & Co., of New York City, Wheeler & Woolfolk, 1957 inclusive. to 1958 to Co., R. S. $674,000 3% sewerage bonds. Dated 1952. Feb. of 1951 7, 1952. 27, 1951. of cost 120,000 1V2S. lows: 27, 880,000 Little Rock, Ark. Feb. New Hawkins & County, Wash. 1951. Due on Feb. composed of approved City National Bank & Co., of Kansas City, at a net 1952 by a William don, all of Chicago, Allen & Co., of King rev¬ purchase was Blair & Co., Dempsey & 1952. Dated bonds syndicate composed a in¬ the $107,500 2s. $980,000 enue 181,000 Duel 1971 follows: Wood 27, 1951. Due on Aug. 31, 1951. 200,000 Glendale, Ariz. Dated Feb. 27, 1951. Due on March > by Trust Co., of Chicago. Dated March Feb. 27, 1951. Due on 7, 1952. 809,000 Gadsden, Ala. Dated Feb. 7 1951. to school interest 1 ' 630,000 Fort Smith,. Ark. 1, 1952 Saie—The issue of $347,bonds was purchased 500 of $9,500 issue Jan. from Legality Bond City, III. Sale—The 1 Fenn & Co., Blair, Rollins & Co., by Inc., Merrill Lynch, Pierce, FenChapman & Cutler, of Chicago. ner & Beane, Eastman, Dillon & Co., Paine, Webber, Jackson & KANSAS Curtis, Ira Haupt & Co., A. C. Johnson County Prairie Sch. Dist. Allyn & Co., Andrews & Wells, No. 44 (P.O. Olathe), Kan. Inc., all of New York City, judgment funding bonds was pur¬ chased by the Midland Securities Dated Due on March 27, 1951. 1952. Chicago, agreeable Dated Nov. clusive. trust or City. Legality ap¬ proved by Chapman & Cutler, of Chicago. Feb. on bank 1.44%. on chaser and the 198,000 Brownsville, Texas. Dated 31 in mutually 27, such at company Aug. on 1951. Feb. bonds are dated Jan. 1, Principal and interest (J-D) 1951. . . 48 Gloucester, Mass. Note 000 Sale—The notes was issue of purchased $800,- by the ■ Number 4979 Volume 173 National The Commercial and Financial Chronicle . Shawmut Bank, of Bos¬ ton, at 0.98%. Dated and . . Plymouth Jan. Township Sch. 18, Principal 1951. $580,000 214 s. Dist. (P. O. Plymouth), Mich. - payable at the Na¬ tional Shawmut Bank, of Boston. ing bonds offered Legality 520,000 2s. Braun, Bosworth & Co., Inc., and interest by approved Palmer Thorndike, Boston. ' & Storey, of Dodge, " Holyoke Housing Authority, Mass. Sale—The Note $1,935,000 tem¬ porary loan, third series notes of¬ fered on Jan. 17—v. 173, p. 245— Wilson, follows: as at- 1.08%, mium of $22. plus National Chase Co., i $935,000 at 1.10% plus premium a ' of $14.01. y Sale — The mentary school construction loan- 1950', series Jan. 16—v. A offered bonds 173, price York of on as 1.20s, at a basis of about a Bond Offering Housing Authority, Mass. Offering—Thomas J. Mc- Qarrick, at receive will Chairman, bids sealed the of office the 18 Tremont until. 11 a.m. 24 for the pur¬ Boston, on of chase Jan. $1,500,000 temporary series notes. Dated Feb. 1, 1951. Due on Jan. 31, 1952. Principal and interest payable at the National Shawmut Bank, of Boston. Legality approved by Sullivan, Donovan, Heenehan & Hanrahan, of New York City. fourth loan, 270,000 2s. Due on on Jan. 1 from 1975 to 1977 inclusive. 1968 to callable. are sealed bids until Indep. Sch. Dist. No. 5 Walker), Minn. build¬ $20,000 price of 100.25. a Forest Lake, Minn. , Bond Offering—Everett Jan. 000 Due on March 1 Due March 1 on 1960 and 1961. 80,000 l3/4s. on June 30, 1951. Corinth, system Jan. revenue 15—v. Miss. $690,000 gas bonds offered 173, dated are Jan. Principal and interest (EST) pay¬ chase 1952 HAMPSHIRE Note Sale Separate will 10 The bonds maturing on after able. April 1, 1963 are call¬ Principal and interest pay¬ ' of New York City. Legality ap¬ Struble, proved by Charles & Trauernicht, Louis. of St. 173, the of Boston, at 0.93%. 246—were awarded National Bank, p. a discount „ rate —were , Bond Offering — at pur¬ Principal payable at the Bank, Scho¬ Cove, N. Y. Jan. $191,000 bonds 16—v. awarded to of about Allendale Sch. Dist., N. J. Offering—Alwyn Grossmann, District Clerk, will receive sealed bids until 8 p.m. (EST) on 173, 246 p. Salomon Bros. Feb. 000 6 1950. to for school Due 1967 the Bond on purchase of $260,Dated Sept. 1, Sept. 1 from 1951 (M-S) Principal payable at . Neck, N. Offering Y. » Joseph Mock, Village Treasurer, will ceive bonds. inclusive. 1.37%. Great sealed (EST) bids Jan. on F. — until 23 re¬ a.m. the for 11 pur¬ chase of $163,000 public improvement-1950 bonds. Dated Dec. 1, and the 1950. to Due 1960 Chase Dec. on 1 from 1951 inclusive. interest Principal payable at (J.-D) and the National Bank, of New City. Legality approved by Vandewater, Sykes, Heckler & Galloway, of New York City. York pool, Town Clerk, will receive Cresskill School District, N. J. sealed bids until 8 p.m. (MST) on Bond Sale—The $400,000 school suitable banking in¬ Feb. 6 for the purchase of $15,000 bonds offered on Jan. 17—v. 173, stitution to be designated by the water system bonds. Dated Feb. 1^ p. 147—were awarded to a syn¬ Somerville Housing Authority* purchaser. Legality approved by 1951. Amortization bonds will be dicate composed of Boland, SafHarold W. Moody, of St. Paul; the first choice and serial bonds ■/'£'/ Massachusetts fin & Co., of New York City, J. B. of the Town : Note Sale—The issue of $100,- Rollin G. Johnson, of Forest Lake, the second choice Hanauer & Co., and MacBride, and Dorsey, Colman, Barker, Scott Council. Interest F-A. 000 temporary loan, sixth series Miller & Co., both of Newark, as & Barber, of Minneapolis. * notes was purchased by the 2s, at a price of 100.22, a'basis of '•"!* Meagher County (P. O. White ' Branch Banking & Trust Co., of about 1.97%. Maple PlainK Minn. Sulphur Springs), Mont. Wilson, at 1.05%. Bonds Not Sold—No bids were I Bond Offering — Hannah M. Freehold School District, N. J. Dated Jan. 25, 1951. Due on submitted for the $220,000 sewer Brady, County Clerk, will re¬ Bond Offering — Ira C. Tilton, July 31, 1951. Legality approved sealed bids until 2 improvement bonds offered on ceive p.m. District Clerk, will receive sealed by Sullivan, Donovan, Heenehan Jan. 1—v. 173, p. 146. (MST) on Feb. 14 for the pur¬ bids until 8 p.m. (EST) on Feb. & Hanrahan, of New York City. chase of $150,000 court house 8 for the purchase of $221,000 Minneapolis, Minn. Watertown Housing Authority, building bonds. Dated Jan. 1, school bonds. Dated Feb. 1, 1951. Bond Offering—Al Hansen, City Massachusetts * 1951. Amortization bonds will be able inclusive. (J-J) County on Bond Principal and interest pay¬ sive. the a.m. Hutzler, of New York City, as 1.40s, at a price of 100.11, a basis Bank, of Allendale. approved by Hawkins, Delafield & Wood, of New York .:/ Clay- City. '■■■;: Charles for will 11 & Legality 1, 26 Sale—The offered of First National Dodson, Mont. 1961 to interest Bond NEW JERSEY interest MONTANA until of Glen Merchants a.m. inclusive. and — 16—v. receive sealed bids (CST) on Feb. 12 for the purchase of $3,000,000 school bonds. Dated April 1, 1951. Due on April 1 from 1952 to 1976 until bids Jan. on Har¬ Legality approved by Vandewater, Sykes, Heckler & Gall¬ oway, of New York City. The $600,000 tem¬ loan notes offered on Jan. to City sealed S. Treasurer, harie. porary District, Miss. Village Schoharie Portsmouth, N. H. net interest cost of about 3.20%. Municipal Y• $12,500 fire fighting apparatus-1951 bonds. Dated Jan. 15, 1951. Due on Jan. 15 from awarded to M. A. Saunders & Meridian N. Offering—Lena receive 1, and Co., of Memphis, and Associates, at a 1952 to. approved rington, on NEW (J-J) Bond 1 Company, of St. Louis. Legality by Charles & Trauer¬ nicht, of St. Louis. 146—were p. from of Canton. Legal¬ by Wood, King &, Dawson, of New York City. approved The — bonds, 1 Principal and in¬ payable at the First, Delanson, March on Jan. on National Bank, from 1962 to 1969 inclusive. The Due inclusive. - Due 1 1951. 1980 ity in " •_ Offering—I. H. Joyce, Vil¬ lage Clerk, will receive sealed bids until 3 p.m. (EST) on Jan. 2d for the purchase of $200,000 sew¬ erage system bonds. Dated Jan. 1, terest follows: as l3/4s. Sale p.m. Feb. 1.72%, Bond 1951. Due Feb. 1 from 1954 to 1968 inclu¬ Dated bonds. on 7:30 of Kansas City, interest cost of net 1951. (CST) on 22 for the purchase of $50,sewage treatment plantfl951 until both a Bank & Commerce from 1953 to 1959 inclusive. noon able at the Chase National Bank, Village Clerk, will receive sealed bids the Canton, N.Y. 49 Bond able at the St. Louis Union Trust Clerk, ing bonds offered on Jan. 15—v. 172, p. 2430—were awarded to the First National Bank, of Walker, 2%s, at Co., jointly, at 17,000 114 s. Bond Offering—R. S. Tew, as National and of $144,purchased Due In¬ MINNESOTA Sale—The City Co., was (CST) on Jan. 24 for the purchase of $14,000 temporary loan notes. Dated Feb. School (P. O. issife bonds Trust Authority,, Mississippi terest A-O. Cass County the $47,000 Offering—W. A. McMinn, Secretary-Treasurer, will receive John G. April 1 from 1953 to 1968 The bonds maturing 1961 in by about MISSISSIPPI Housing Sale—The school Trust inclusive. inclusive. State Housing Board, Street, (EST) 1974 Secretary Bond Note — Jan. 1 from on Bond 1, 1951. ' of Board of Education, will receive sealed bids until 8 p. m. (EST) on Jan. 26 for the purchase of $90,000 1.15%. Revere April 1, 1966. Michigan Sharpe, from 000 to 245—were p. City, 100.50, on 1 St. Louis County, Hancock Place Sch. Dist. (P. O. St. Louis), Mo. Note Township Sch. Dist. No. 1 awarded to L. F. Rothschild & Co., of New 1965 inclusive, (P. O. 844 Woodbine Boulevard, Jackson), Due ele¬ $400,000 1972 Jan. on 1971 inclusive, Clarksdale building bonds. Dated Oct. 1, 1950. Mass. Milton, .■V- Bond on Jan. 1 from on 230,000 2.10s." Due 1 Due 1960 to of Bank, City, C. J. Devine & Salomon Bros. & Hutzfollows: as April Due 114 s. 105,000 pre¬ a Detroit, of i 1 Summit and ler, Co., on April from 1952 to 1959 inclusive, York New & l%s. $120,000 from 1 $1,000,000 To Sattley jointly, at a net interest cost of about 1.52%, as follows: Banking & Trust Go., i 20,000 114s. Due To Branch , V. H. to Due 1964 to 17—v. awarded 245—were p. awarded to the following: were * 173, Jan. on Due 1953 to 1963 inclusive. ... Sale—The $245,000 build¬ Bond (425) any Harrison - Water District No. 1 (Fire Protection Dist. No. 1), (P. O. Harrison), N. Y. Bond Offering-r-Alfred F. Sulla, Jr., Town Supervisor, will receive sealed bids untiT2:30 p. m. (EST) , ' # ~ Sale—The Note offered on $1,660,000 tem¬ fourth loan, porary Jan. series 17—v. 173, notes p. 245 4-were awarded to the following: To Branch Banking & Trust Co., Wilson, as of $22. . York Co., ler, City, Bank, Of Devine C. J. & Salomon Bros. & Hutz- and sen plus $660,000 1.11%, of $9.14. a premium and sealed same and day will Sale water bonds p. offered bids 11 for the a.m. system on Jan. revenue 15—v. of Drexel The & Asbeck & Co., of Cleveland, S.R. Livingstone & Co., of Detroit, and Ellis & Co., of Cincinnati, at price cost of $90,000 of 100.03, a net interest 1.60%, as follows: about 2y2s. 1952 and 45,000 2s. 200,000 Due on 1953. July 1 in ;; Due on July 1, 1954. l%s. On July 1 1958 inclusive. Due County Commissioners. Inter¬ County (P. offered on Jan. bridge 173, 15—v. 246—were awarded to Piper, Jaffray & Hopwood, of Minneap¬ as 1.85s, at a price of par. bonds are dated District County Com. Sch. Dist. (P. O. Rochester), No.- 143 Minnesota Sale—The $90,000 Sale —The No. 7 Dists. build¬ 16 1971 — offered on 173 of inclusive. The bonds are callable after 10 years from date. Additional Sale — The $135,000 High School District No. 1 bonds were purchased by Foster & Marshall, of Seattle, as 2.10s, at a price of 100.29, a basis of about County p. about date. 1.78%. Ramsey County Indep. Sch. Dist. No. 3 (P. O. Roseville), Minn.. Bond Sale—The $1,600,000 build¬ 15 to and ... >/ MISSOURI Clayton Sch. Dist., Mo. Bond Sale The $800,000 high 24 Feb. Hawkins, Delafield York City./ New & Bond Offering — Feb. 1 from 1952 Principal to and 15, 1951. 1952 New York Due 1961 on Feb. inclusive. City. Hempstead (P. O. Hempstead), i New Bond 1961 to of bonds. Office, Harrison. Le¬ gality approved by Vandewater, Sykes,/Heckler & Galloway, of Wood, York Offering Hamilton — S. Gaddis, Town Clerk, will receive G. McLaughlin, Assistant City Treas¬ urer, will receive sealed bids until 11 a.m. (EST) on Jan. 30 for the purchase of $57,000 sewer-1951 bonds. Dated Feb. 1, 1951. Due on purchase Harrison . J. Henrietta the truck-1951 Principal and interest (F-A) pay¬ able at the Rye National Bank, interest Legality approved for fire from in¬ interest (F-A) payable at the City Treas¬ urer's office. Legality approved sealed bids until 10:30 on Jan. 23 Dated 1 for the drainage $522,500 Feb. - 1, 1951. 1952 from to a. m. (EST) purchase of 1951 Due 1980 bonds. on Aug. inclusive. Principal and interest (F-A) pay¬ able at the office of the Presiding Legality approved by Delafield & Wood, of York City. Supervisor. Hawkins, New v. bonds offered on Jan. 10—v. 2.07%. Due on Jan. 1 from 1952 to 146—were awarded to the 1971 inclusive. The bonds are call¬ Northwestern National Bank, of! able from and after 10 years from Minneapolis, at a net interest cost ing Dated 1968 1953 Principal District Clerk. clusive. $85,000 school bonds from 173, p. 50 — were by Caldwell, Marshall, Trimble & awarded to Piper, Jaffray & Hop- Mitchell,, of New York City. wood, of Minneapolis, as 2.40s, at Washington Township Sch. Dist. a price of 100.29, a basis of about (P. O. Oxford), N. J. 1, 2.37%. Due on Jan. 1 from 1952 Jan. King & Dawson, of N. Y. City. Olmstead Sch. (P. O. Hysham), Mont. Bond March County 1 New Brunswick, N. p. olis, Feb. Jan. $21,000 (F-A) payable at the office of the of O. on inclusive. by •- Bond Sale—The $110,000 bonds Legality approved by Wood, to Bond bonds the Treasure 900,000 school bonds. 1951. of - 210,000 storm drain bonds. man, a as serial and choice Thompson Falls), Mont. $800,000 public relief bonds. 173, Co., Field, Richards & Co., of Cleve¬ land, McDougal & Co., of Chicago, Shannon & Co., of Detroit, Oldercomposed on 25,000 street improvem't bonds. 50—were awarded to a syndi¬ cate est J-J. 120,000 sidewalk bonds. City, Mich. — The $2,000,000 supply re¬ auction at choice of Board the Board of Taxation 323,000 park bonds. Bay second Han¬ purchase of $2,378,000 bonds, MICHIGAN .Bond first the Sanders Offering—Mr. also reports that ceive the the 1952 to 1971 inclusive. follows: follows: as from on Estimate To the Chase National New sealed Jan. 31 for the purchase of $994,503.90 special street im¬ provement bonds. Due on March 1 (CST) Additional ,. receive will Comptroller, bids and auction bids until 10 a.m. follows: $1,000,000 1.08%, plus a premium « Due . on Kenmore, N, Y. Bond Offering—George V. Al¬ len, Deputy Receiver of Taxes and Assessments, will receive sealed Bond Offering — Robert Wand- bids until 3 p. m. (EST) on Jan. ling, District Clerk, will receive 31 for the purchase of $83,000 sealed bids until 7:30 p.m. (EST) public improvement - 1951 bonds. on Feb. 5 for the purchase of Dated Feb. 1, 1951. Due on Aug. $100,000 school bonds. Dated July 1 from* 1951 to 1970 inclusive. 1, 1950. Due on July 1 from 1951 Principal and interest (F-A) pay¬ to 1970 inclusive. Principal and able at the State Bank, of Keninterest (J-J) payable at the more, or at the Guaranty Trust Washington Trust Co., Washing¬ Co., of New York City. Legality ton. Legality approved by Haw¬ approved by Vandewater, Sykes, & kins, Delafield & Wood, of New Heckler Galloway, of New York City. York City. * Lyons, NEW YORK Bronxville, N. Y. Bond N. Y. Offering—William L. Ro- nan, Village Treasurer, will re¬ Bond Offering—Warren Clark, Jan. 11—v. school construction bonds offered Village Treasurer4, will receive ceive sealed bids until 3 p.m. 1,210,000 1V2S. Due on July 1 173, p. 50—were awarded to a on Jan. 15—v. 173, p. 50—were sealed bids until 3:15 p.m. (EST) (EST) on Jan. 25 for the purchase from 1959 to 1976 inclusive. syndicate composed of Blyth & awarded to a syndicate composed on Jan. 23 for the purchase of of $75,000 water supply bonds. 455,000 l%s. Due on July 1 Co., of Chicago; Harriman Ripley of Salomon Bros. & Hutzler, $150,000 Station Plaza Improve& Co., Inc.; Merrill Lynch, Pierce, from 1977 to 1981 inclusive. Dated Oct. 15, 1950. Due on April Shields & Co., both of New York ment-1951 bonds. Dated Feb. 1, Fenner & Beane, of New York Brownstown, Ash and Berlin Twps. City, and I. M. Simon & Co., of 1951. Due on Aug. 1 from 1952 to 15 from 1952 to 1970 inclusive. City; John Nuveen & Co., of Chi¬ St. Louis, at a price of 100.02, a 1960 inclusive. Frac. Sch. Dist. No. 1 (P. O. Principal and in¬ Principal and interest (A-O) pay¬ cago; Milwaukee Company, of net interest cost of about 1.22%, terest Flat Rock), Mich. (F-A) payable at the Gram- able at the Milwaukee; Blunt Ellis & Sim¬ Lyons National Bank, as follows: atan National Bank & Trust Co., .Bonds Not Sold—No bids were mons, of Chicago, and T. H. Jones Lyons. Legality approved by Reed, submitted for the $275,000 build¬ & Co., of Cleveland, at a price of $700,000 114s. Due on Feb. 1 Bronxville. Legality approved by from 1952 to 1963 inclusive. Hawkins, Delafield & Wood, of Hoyt & Washburn, of New York ing bonds offered on Jan. 8—v. 100.01, a net interest cost of about City. 100,000 iy8s. Due on Feb. 1, 1964. New York City. 173, p. 146. 2.06%, as follows: : from 1955 to • — ing bonds offered on 50 The Commercial and Financial Chronicle (426) North Lot No. 1 Collins, Brant, Collins, Evans, Eden and Concord Sch. Cent. Dist. No. cinnati. 1 institution ble Oct. York 1923. 1, bonds. Due Dated Oct. on Deer 1, Bond Sale—The $620,000 school Jan. Due Onondaga County (P. O. Syracuse), N. Y. Sale —The bonds offered 1951 on Jan. 17—v. County (P. ing bonds offered Bond Offering — 173, W. E. Easter- ling, Secretary of Local Govern¬ 246—were awarded to the ment Commission, will receive Co., of New York sealed bids at his office in Ra¬ City, as 1.20s, at a price of 100.46, leigh, until 11 a. m. (EST) on Jan. 173, p. basis of about 1.13%. 23 Throop Fire Dist. (P. O. Metcalf Building, Throop, 109-10 N. Auburn), Sale Bond Y. The — $10,500 fire fighting apparatus-1951 bonds of¬ fered on Jan. 12—v. 172, p. 2527— awarded •were National the to Bank, of Auburn, as 2s, at a price of 100.95, a basis of about 1.81%. Tonawanda, No. 2 **#":■ * the for hospital 1950. 100.84, June 1 from 1953 to Legality approved by Reed, Hoyt & Washburn, of New York City. Jan. on Local Sch. Dist. Sale—The $260,000 build¬ ing bonds offered on Jan. 17—v. 173, p. 247—were awarded to the First Cleveland land, Corp., of Cleve¬ price of 101.20, 13/4S, at as a basis of about 1.64%. a Jennings Rural Sch. Dist. (P. O. R. north dakota R. No. 1 Spencerville), Bottineau No. County Com. Sch. Dist. (P. O. Westhope), 17 North Dakota Sale—The ' Bond Offering—Harvey D. Spyker, Clerk of Board of Education, will receive sealed bids until $111,000 build¬ (EST) 1 from olis, and Associates, as 2y4s, at a price of 100.12, a basis of about of 100.22, 2, 1951. 2.23%. Williston Spec. p. $105,000 water 16—v. 173, 246—were awarded to Blyth & Jan. on Co., of New York City, and the First Securities Corp., of Durham, jointly, as 2y4s, at a price of 100.02, a Bond Sale—The Bond basis of about 2.24%. Sch. North Carthage, N. C. Dakota Offering Dist. No. T. Havig, Superintendent of Schools, bids sealed his at and bonds. sewer 1951. Ral¬ on Jan. Due $7,000 water Dated Feb. 1, Feb. on 1, from 1954 Principal and interest (F-A) payable in Bur¬ gaw. Legality approved b y Mitchell & Pershing, of New York City; ' " to inclusive. 1960 bonds. for 30 $275,000 the building Due in 20 years. The bonds authorized Dec. election the at Akron, Sale Bond The — $421,000 im¬ bonds offered 15—v. p. 173, W. land, F. IV4S, as on Jan. 147—were awarded Kurtz & Co., of Cleve¬ Harbor Exempted Village Sch. Dist. (P. O. Ashtabula), Ohio Bond ing Sale—The bonds $650,000 build¬ offered on Jan. 16— composed of Halsey, Stuart Co., Blair, Rollins & Co., Inc., Frederick & Co., of New York City, and Brooke, Willis & Co., of Richmond, at a price of 173, p. 147—were awarded to a syndicate composed of McDonald & Co., First Cleveland Corp., both of Cleveland, and Ryan, Suthera price of 101.13, a basis of about 100.001, 1.63%. cate & Paul 230,000 Is. 1952 60.000 cost of v. follows: 1 1 from 1957 to 1959 inclusive. 605,000 IV2S. Due June 1 from on June 1 from /y4 1978 tO 1980 inclusive. Caston I County (P. O. Gastonia), N. C. 7 iv Bond ling, Offering W. E. Easter- — Secretary of Local Govern- ftr&it Commission, sealed bids in leigh. until 1 will his Dated June office in 1 from 1951 to Due 1973 on June inclusive. Principal and interest (J-D) able in New York Feb. 15 for the purchase on $391,000 building bonds. Dated 1, 1951. Due on April and Oct. 1 from 1952 to 1974 inclusive. Principal and interest (A-O) pay¬ able at the First National Bank, of Barnesville. Legality approved by Squire, Sanders & Dempsey, of pay¬ Offering (State of) Bond P. Hodges, State Treasurer, will re¬ ceive sealed bids until on Jan. 23 for $5,207,000 bonds, the as noon (EST) purchase follows: of Offering Director sealed of bids purchase of — J. Flick, 26 $5,000,000 for the sewerage Local Sch. (P. O. Clifton), Ohio Bond Offering — Gerald sealed on Hull, until $20,000 building bonds. Dated 1, 1951. Due on Dec. 1 from to 1961 inclusive. Principal (J-D) payable at the Deposit Bank, Yellow Springs. Legality approved by and interest 173, of about 1.66%. 12—v. 173, the to Harris bonds: Due in City, Okla. -■ limited — Trust a Enid, Okla. Bond Offering—Clint O. Thrash¬ er, City Clerk, will receive sealed bids until 7 p.m. (CST) on Jan. 23 for the purchase of $117,000 lim¬ facility bonds. Due access from 1954 to 1970 inclusive. Mcintosh Sch. County Dist. Indep. Separate 1-64 (P. O. No. Eufaula), Okla. 147—were p. repair net interest cost of about 1.43%. Bond Sale—The $950,000 build¬ ing and equipment bonds offered awarded 4 ited Sandusky City Sch. Dist., Ohio Jan. p.m. equip¬ awarded to the First Securities Co. of Kansas, and the Small-Milburn 147— p. Stranahan, Harris & Co., Inc., of Toledo, as l%s, at a price of 100.92, a basis & Bond Sale—The issue of $25,560 Chicago, and improvement bonds was purchased White, Weld & Co., of New York by J. Edward Jones, at a net inter¬ City, jointly as IV2S, at a price of est cost of about 1.31%. 101.27, a basis of about 1.37%. Bank, of oregon Sandusky City Sch. Dist., Sale—The Bond bonds offered Ohio $56,000 Jan. on 147—were p. Coos school Bond 12—v. awarded 173, J. A. to Bay, Ore. Offering — H. Oscar Gu- lovsen, City Recorder, will receive & Co., of Cincinnati, and sealed bids until 5 p.m. (PST) on Raffensperger, Hughes & Co., of Jan. 30 for the purchase of $150,Indianapolis, jointly, as IV2S, at a 000 water bonds. Dated Feb. 1, price of 100.10, a basis of about 1951. Due on Feb. 1 from 1961 to 1975 inclusive. The bonds matur¬ 1.48%. Heights City Sch. Dist. (P. O. Cleveland 20), Ohio Bond W. Main, Education, will Winfree, McCulloch, Shuler, & receive sealed bids until noon Sayre, of Portland. (EST) on Feb. 6 for the purchase of $225,000 series 2 bonds, as fol¬ Douglas County Sch. Dist. No. (P. O. Brockway), Ore. lows: • $200,000 library bonds. /„ Oct. 1 from 1952 to clusive. 1, school 25,000 Due on in¬ bonds. from 1 1952. to The dated are Feb. about 1, Bond Offering — W. W. Barnhill, Clerk of Board of Education, will receive sealed bids until noon 2.17%, District, 1960 Ohio Offering —Ethel of $480,000 172, follows: as Due Feb. on 1 from 1967 to on 1 from Feb. inclusive. Harney County Sch. Dist. No. J (P. O. Burns), Ore. Krebs, Feb. 6 for the purchase on 2s. 32,000 2y4s. Due Upper Sandusky Exempted Village School 10—v. 1953 to 1959 inclusive. Interest A-O. Bond $60,000 school Jan. on to Foster & Marshall, of Portland, at a price of 100.09, a net interest cost of from 1952 to 1 Principal and in¬ The — 2528—were awarded $28,000 bonds 1951. Sale bonds offered p. furniture Oct. on Bond Due 1961 1956 inclusive. $100,000 Dec. Offering—J. on and after Feb. 1, 1966 are Principal and interest (F-A) payable at the City Treas¬ urer's office. Legality approved by callable. Clerk of Board of Jan. 30 on f 0 of ing Shaker sealed Dated Oct. on Board Nankin Local School District (P. O. R. D. No. 3, Ashland), Ohio Bond Sale — bonds offered 147 p. The were — $15,000 school Jan. 16—v. 173, awarded'to the on building- and equip¬ United States National Bank, of ment bonds. Dated March 1, 1951. Portland, as l%s, at a price of Due on Nov. 1 from 1952 to 1971 100.27, a basis of about 1.66%. inclusive. Principal and interest Hood River, Ore. (M-N) payable at the First Citi¬ Bond Sale The $10,000 fire zens National Bank, Upper San¬ .. — (EST) chase March on for 5 of the $50,000 building Dated April 1, 1951. Due pur¬ bonds. Oct. on 1 from 1952 to 1966 inclusive. In¬ Legality approved by Sanders & Dempsey, of Squire, dusky. Legality approved bySanders & Dempsey, of Squire, Cleveland. Piqua), Norwood, Jan. Bond Ohio Sale—The $250,000 bonds Sale The — im¬ $50,000 provement bonds offered on Jan. 12—v. 172, p. 2527—were awarded 17—v. of awarded to about 1.61%. 1.39%. Oxford, Village er, bids Hunsingwill receive Clerk, until rities. apparatus and equipment bonds. Dated Dec. (J-D) Jan. 15 from 15, 1951. 1952 Principal payable to and at Due 1961 Sch. Dist. Bond O. Sale—The ing bonds offered Sch. 173, Dist. a Bond about Mil¬ Jan. Co., of Cincinnati, price of 100.76, p. receive m. (EST) purchase of sealed on bids Feb. $79,000 15 until for construction bonds. on 8 the Dated March 1, 1951. Due June and Dec. 1 from 1952 to 1976 inclusive. Interest J-D. (F-A) 11—v. a as 2s, basis of Bond Sale — Feb. 1, Principal in¬ and payable at the City office. Legality ap¬ Winfree, McCulloch, Sayre, of Portland. - Multnomah County (P. O. Portland), Ore. series Sale A 173, — The $500,000 road, bonds offered p. Northern 100.01, 1.32%, a net as Trust 16 Co., of Tripp a Chi¬ Col, price of interest cost of about follows: $180,000 iy2s. Due 1955 Jan. on 51—were awarded to cago, and the Chas. N. of Portland, jointly, at 1959 $9,000 water $240,000 by Shuler & Ohio The Jan. on of Feb. 1 from 1952 to to 1958 to 1962 1966 Feb. 1 from on Feb. 1 from inclusive. 160,000 1.30s. Due 1963 to on inclusive. 160,000 IV4S. Due Wilmot, ; bonds. Dated on inclusive. the 1.87%. ler, Clerk of Board of Education, will Due 1961 purchase sewer 1951. —v. 51—were awarded to J. A. p. White & at storm New Albany), Ohio Offering—James L. the for bonds $20,000 build¬ on price of 99.31, a bids until 7:30 p.m. (PST) 24 illegal matu¬ (P. O. Kinsman), Ohio interest (P. apparatus Local 15—• Grande-,~ Ore. Bond Offering — B. W. Hibbits, City Recorder, will receive sealed Bond Williamsfield the office. Local fire cancelled due to in¬ Village Legality ap¬ proved by Peck, Shaffer & Wil¬ liams, of Cincinnati. Plain $20,000 iy4s, at as basis of about 1.48%. a proved Bond Sale Cancelled—The issue of was noon Jan. on 172, p. 2528—were awarded to the First National Bank, of Port¬ Treasurer's Township (P. O. Portsmouth), Ohio Bond Offering—G. K. offered v. terest Washington Ohio bonds La Ohio 173, p. 247 to the Citizens National Bank & Raffensperger, Hughes & Co., of Indianapolis, as Trust Co., of Piqua, as l%s, at a IV2S, at a price of 101.14, a basis price of 101.24, a basis of about on house land, Washington Local Sch. Dist. (P. O. 316 West High Street, Cleveland. noon Feb. 7 for the purchase Feb. Miami bonds. Treasurer's Dist. Jan. to (EST) Education, will bids 15—v. awarded building, Co., both of Wichita, jointly, at Clerk of Board of Education, will receive sealed bids until noon clusive. Clerk of Board of Jan. on 8 facility bonds offered on v. 172, p. 2527 — were access 147—were not p. until Sale—The $25,000 on umbus. until Feb. Bond $250,000 build¬ improvement bonds of¬ and and Elk $10,000 offered bids Jan. 23 for the purchase 1953. Sale—The were terest (A-O) payable at the Ster¬ ling State Bank, Mt. Sterling. Le¬ Finance, will receive Clifton-Union 1952 of Loof- receive purchase inclusive. on system improvement bonds. of ing 000 fire G. ment (P. O. Oak Harbor), Ohio Bond sealed on $158,000 site, 1952 Salem-Oak Harbor Local Sch. Dist. (EST) on Jan. 31 for the purchaser of $15,- Cincinnati, Ohio e(EST) Brandon — Ruth (EST) noon Due 1971 sealed Cleveland. receive North Carolina 1950. —were City. Legality approved by Mitchell & Pershing, of New York City. Bond until (EST) Ra¬ m. 1, 1948. Bank, Kings¬ — will the offered receive (EST) on Jan. 23 fdr the - purchase of $600,000 school building series C bonds. a. Education, Bond March on Offering bourrow, Clerk Bond Offering—Henry F. Fiechter, Clerk of Board of Education, of I960 to 1977 inclusive. 105,000 l%s. Due Prin¬ lll.'l bids of sold. m. Sterling Local Sch. Dist., Ohio will receive sealed bids until 1 p.m. June on Exempted Village School District, Ohio from inclusive. Due p. terest A-O. Barnesville June on 1956 to 5s. interest Due 7 cipal and interest (M-N) payable for bonds 173, (CST) M-N. gality approved by Bricker, Marburger, Evatt & Barton, of Col¬ 57,000 street bonds. — as until from 1952 to 1975 inclusive. building follows: as $50,000 Municipal Airport bonds. 33,000 street bonds. 212,000 street bonds. 69,000 street bonds. Ashtabula Bond Sale The issue of $1,000,000 school building, series A 4bonds was purchased by a syndi¬ 1.63%, bids Bond Ohio provement to 13—v. on at the First National 5, 1950. ' - about sealed Feb. 5 for the purchase $139,000 site building and Mt. County (P. O. Lexington), N. C. net (EST) ohio Davidson a A. Francis, Education, will of Jan. on E. Easter- in 23 for the purchase of Offering—R. receive ton. (EST) apparatus receive 1, Ohio Sold—The Not J. S. Kuntz, Education, will — White equipment bonds. Dated March 1, 1951. Due on May and Nov. 1 m. were office a. m. In¬ (CST) purchase of p. ling, Secretary of Local Govern¬ ment Commission, will receive eigh, until 11 to 1956 inclusive. will receive sealed bids until 7:30 on Offering —W. Sept. 1 and March on Clerk of Board of Burgaw, N. C. '.Bond 1951 Bond 1, Leonard — Due Kingston-Union Local Sch. Dist. (P. O. Kingston), Ohio north carolina bonds offered from ~ (P. O. Lawton), Okla. Offering noon terest M-S. as 1.70s, at a price basis of about 1.64%. 15 Interest Richwood, Feb. 5 for the purchase of $7,500 school bonds. Dated Jan. Allison-Williams Co., of Minneap¬ a Nov. on inclusive. Bonds on by the Marine Trust Co., of Buf¬ falo, Due 1956 Savings Ohio Bond was 1951. to Dated Feb. 8 Clerk of Board of noon construction bonds. on City. No. Bond sealed (EST) on Feb. 2 for the purchase of $83,000 bridge fered (P. O. Kenton), Ohio Bond purchased bonds truck until bids to basis of about 1.41%. a ing bonds offered on Jan. 16—v. 172, p. 2527—were awarded to the fire oklahoma County Com¬ receive Monday, January 22, 1951 . . Comanche County fndep. Sch. Dist. Marie Adams, — of will Jan. 15—v. awarded were — Hardin-Central 1, Principal and in¬ terest (J-D) payable in New York York Bond Sale—The issue of $22,000 Dec. inclusive. (P. O. Kenmore 17), New on Dated 51 p. purchasing of $300,000 bonds. Due 1974 Kenilworth Fire Dist. • Board fire Stranahan, Harris & Co., Inc., of Toledo, as IV2S, at a price of Bankers Trust a Ohio Bond Sale—The $295,000 build¬ O. Monroe), N. C. Ley Extension- on Offering of missioners, improvem't Interest J-D. Dated April 1, 1931. Fostoria City Sch. Dist., Ohio April 1, 1968. Union $175,000 Sewer Clerk O. permanent bonds. * Trunk Bond r Local (P. Dec. 1 from 1952 to 1964 inclusive. 1,761,000 of about 1.65%. Bond Township » 1.70s, at a price of 100.61, a basis Creek Creek Bond Offering — Gordon Rihl, 2,366,000 educational and charita¬ Clerk of Board of Education, will ble institution and public im¬ receive sealed bids until noon provement bonds. Dated Oct. (EST) on Feb. 2 for the purchase of $25,000 building bonds. 1, 1923. Due on Oct. 1, 1963. Dated March 1, 1951. Due on June and Lot No. 3 16— 173, p. 246—were awarded to a syndicate composed of Halsey, Stuart & Co., Geo. B. Gibbons & Co., Inc., and Chas. E. Weigold & Co., both of New York City, as > Portage County (P. O. Ravenna), Ohio ■ Lot No. Z v. J " ' Williamsport), * on : ' School District 1963. , -1950 bonds offered '■ ' (F. O. North Collins), New Peck, Shaffer & Williams, of Cin¬ $1,080,000 educational and charita- • . on Feb. 1 from inclusive. works improvement bonds offered; on Jan. awarded 17—v. to 173, the Bank, of Wilmot. p. 247—were Farmers - .. State North Bend, Ore. rtBond Offering — The City Re¬ A J corder until will receive sealed bids Jan. 30 for the purchase of Number 4979 Volume 173 . . The Commercial and Financial Chronicle . (427) (EST) $150,000 water bonds. Due on Feb. 1951 to 1975 inclusive. of 1 from Rockaway, Ore. at the Decatur Jan. 22 for the purchase school-1951 bonds. on $380,000 Dated Feb. 1, 1951. from Due County Bank, De¬ Legality approved by caturville. Feb. 1 on $160,000 Airport series Chapman & Cutler, of Chicago. (F-A) $270,000 200,000 Sale Bond — No.287 000 Bond of Portland. PENNSYLVANIA . Sch. Allentown Dist., Sale The $406,000 gen¬ eral obligation bonds offered on Jan. 12—v. 172, p. 2528 — were awarded to a syndicate composed of R. S. Dickson & Co., of Char¬ lotte, Robinson-Humphrey Co., of awarded to the First Nation¬ Pa. — Atlanta, Hamilton & Co., of Ches¬ Bond Offering — W. H. Fisher, ter, E. H. Pringle & Co., and HuDistrict Secretary, will receive ger, Barnwell & Co., both of sealed bids until 8 p.m. (EST) on Charleston, as 2s, at a price of Jan. 25 for the purchase of $400,100.02, a basis of about 1.99%. 000 improvement bonds. Dated Feb. 1, 1951. Due on Feb. 1 from Kingstree Public Sch. Dist., S. C. 1952 to 1971 inclusive. Legality Bond Sale—The issue of $185,approved by Townsend, Elliott & 000 school bonds was purchased Munson, of Philadelphia. by a syndicate composed of the 16—v. awarded 172, to 1953 1962 to on inclusive. 250,000 iy4s. Due 1963 to 1972 Co. inclusive. School District, 32,000 2s. Due Pa. and 1964. $4,500,000 im¬ Bond Sale—-The TEXAS County (P. O. San Antonio), Texas 1951. Principal and interest (F-A) payable at the Chase National City. & both of New York City, Co., Field, Richards & Co., of Cleve¬ land, Cohu & Co., of New York City, Thomas & Co., of Pittsburgh, and Woodcock, Hess & Co., of Phi¬ price of 100.07, a net interest cost of about 1.30%, ladelphia, at a Bond Sale torium 173, —v. the to 1957 inclusive. 1952 to 3,600,000 IV4S. Due on Feb. 1 from 1958 inclusive. 1981 to 248—were awarded National' Bank, of p. Aberdeen, as 2.30s, at a price of 100.12, a basis of about 2.28%. Offering J. W. Hofer, City Auditor, will receive sealed bids until 8 p.m. (CST) on Feb. 6 — for the purchase of $6,000 general • obilgation bonds. Dated March Providence Lower 1951. Township Sch. Dist. (P. O. Norris- . Offering Bond P. will Secretary, bids until sealed receive 8 bonds. Due Legality Townsend, Elliott & of Munson, to p. im¬ $150,000 148—were awarded the Morrisville at par. ■;.,' ■; :•; Bank, % • . , IV4S, as • trust or Bond Offering any company (CST) . until bids sealed on ; . ■■ f 8 $48,000 building bonds. Due (J-J) bank at Jan. 16 any interest by approved Township Sch. Dist. (P. O. Duff Road, Pittsburgh 35), Pa. Offering—Carl L. Good- & (EST) on Jan. 24 for the 000 obligation Decaturville), purchase of $125,- general Dated Jan. 1, 1951. . Bond Offering — bids until 1:30 Co., cipal and interest payable at the bonds, Mellon National Bank & Trust Co., $20,000 Health Center bonds. on Legality approved by Folger, Nolan, Inc., ISLAND Coventry (P. O. Washington), R. I. Westcott, Offering Jr., 1 from — Town Charles H. Treasurer, will receive sealed bids until noon of Washing¬ ton, D. C., Wurts, Dulles & Co., of Due 1953 to 1967 . Nov. The 1950. bonds Sch. Indep. Texas Dist., Sale—The Bond of issue 1 from 1953 to 1967 The bonds dated maturing Nov. on 1, Nov. to 1973 Feb. Principal and interest (M-N) Chemical Bank & ; & 1958 to inclusive. 1961 VERMONT the First Southwest Company, of Dallas, and Associ¬ Brattleboro Town Sch. Dist., Vt. ates, as 2V2S, 3s and 3V4S, at par. Dated Dec. 1, 1950. Legality ap¬ School Directors will receive seab¬ chased by proved by Dumas, Huguenin Boothman, of Dallas. & Bond Sale 000 bonds -s* The issue of $67,- the Co. of Texas, Central Investment Dallas, at par, as follows: works water $42,000 Offering 25 for bonds Feb. on inclusive. 1 Dated Feb. 1, 1951. from 1952 to 1971 Principal Bank, of Boston. Legality approved by Ropes, Gray, Best, Coolidge & Rugg, of Boston. 1 Benton County, Kennewick Public Hospital District (P. O. Kennewick), Wash. ">'■■■' >--- Du¬ Bond eral Sale—The $550,000 gen¬ obligation bonds offered on Jan. 17 . San Texas Marcos, Bond Sale—The and works $275,000 water and v. — awarded the to 173, p. 52 offered of ,* cost of 1.41 %, about $700,000 on Jan. 15—v. 173, p. 248— .1tVj* series ment, No. bonds, as follows: on , Aug. 1 in 1951 and 1952; and $70,000 2%s, $630,000 due due 1.40s, on > Sch. Dist., improve¬ 282 2.07%. Stamford County-Line Indep. follows: as works water Bond bonds school 000 Texas Sale—The of $100,- issue purchased was by the First Southwest Company, of Dallas, 2V2S and 2%s. as Due 0\)R I 1952 to 1971 inclusive. from Aug. 1 from 1953 to 1970 inTeachers' Colleges of Texas State y elusive. ' (P. O. Austin), Texas bonds, 2%s. V , as Due folows: on Aug. $50,- 000 1952, Due $450,000 and Aug. 1 1952 to on opening street series bonds, follows: on Aug. and 1952, and due on Aug. No. and 284 $70,000. 1 in from 1953 State Houston Building 1 $250,- Teachers bonds revenue Co., of Dallas, and Thomas Co., of Pittsburgh, jointly, at a price of 100.11, a net interest cost of about 3.09%, as $40,000 3s. 1951 $630,000 1.40s, 1 issue of purchased by the First South¬ west & widening, as was Sale—The Sam in 1 1970 inclusive. 700,000 Bond College and 1955 to follows: Feb. Due on 1 from 1961 inclusive. 113,000 3V4S. to 1,400,000 storm sewer improve¬ Due on Feb. 1 from 1962 to 1974 inclusive. 1975 to 3s. Feb. Due on 1 from 1980 inclusive. ment, series No. 285 bonds, as on and Aug. $140,000 1 2%s, due Sweeney Sch. in 1951 and 1952, $1,260,000 1.40s, due on were improvement sewer awarded to the First of Texas were net interest — & Co., Washington Witter Dean First extension revenue-1951 bonds cost of about a interest and payable" at the First Na¬ (F-A) tional Boothman, of Dallas. and of WASHINGTON 15, Nov. Legality approved by Huguenin & Board revenue dated are The (EST) on Jan. purchase of $115,000 the 25,000 water works bonds. The — ed bids until 1 p.m. Due purchased by was Bond school bonds. Ropesville, Texas public National Bank, of Dallas, price of 100.01, Le¬ Weems, of Houston. Corp., and Roe & Co., both of San a * Bond Sale—The issue of $25,005* street improvement bonds was Antonio, jointly, at a net interest at 1, maturing in 1955 callable. are school house bonds was pur¬ 000 Glynn, of St. Louis, and the Re¬ follows: are 1951. The bonds * dated are $90,- 1970 inclusive. inclusive. bonds gality approved by Vinson, Elkins Philadelphia, Blewer, Heitner & 2%s, due follows: Nov. and Byrne The from Lorena 97,000 v,.5 Bond purchase of $55,000 35,000 public building bonds. Due on RHODE on inclusive. Burgwin, Churchill, Ruffin & Hazlett, of Pittsburgh. Houston, Inc., of New York City, 1.40s. (CST) Feb. 2 for the Pittsburgh. .of was Dallas. Boston, Underwood, Neuhaus & Tenn. Otto -Milam, from 1953 to 1969 inclusive. Prin¬ as 1950. Call, Co., of Cincinnati, Lyons & Shafto, of Nov. 1 from on 1964 to 1975 inclusive. 3V2S as First Co., of Nashville, Savings Bank & Trust Provident 920,000 2%s. Due Hagberg & and 3%s. A. M. 1950. (P. O. p.m. & Pomeroy, Nov. 1 from on 1963 inclusive. purchased by Co., of Dallas, purchased by Ernest L. -Brown, Dated Dec. 1, Jr., of Houston, as 3V4S, at a price of 100.80, a basis of about 3.17%. Legality approved by McDated Feb, 1, 1951. Due on Feb. 1 Parkhurst & Crowe, of bonds sewer mas, 000 bonds. County Judge, will receive sealed Due on Jan. 1 Hutton Inc., & 1951 Decatur County Co., & to Velasco, Texas Sale—The issue of $17,000 Bond Bradford 1283 lin, District Secretary, will receive sealed bids until 8 p.m. Bosworth 1959 y-.yy of Michigan Corp., of New York City, First Southwest Co., of Dallas, J. C. TENNESSEE Bond of 187,000 2V2S. Due Texas Hedley, were Bank, 1 from payable at the Trust Co.,; of & Co., of Dallas, and Thomas & New York City. Legality ap¬ Co., of Pittsburgh, as 1.20s, at a price of 100.003, a basis of about proved by McCall, Parkhurst & Crowe, of Dallas. 1.19%. 500,000 street paving, series No. Benson, of Minneapolis. Penn Co. Buffalo, suitable Faegre City & Co., Gordon Graves & Co., all of New York City, Rauscher, Pierce on City, Drexel & Co., of Georgia, 'Atlanta, Schoellkopf, of offered syndicate composed a York Braun, designated b.y the purchaser. Legality bonds the, National of New 1952, are 1, Texas 173,-p. 148 v. — awarded to All bonds Principal /> and payable Dated Jan. 1 from on maturing after Jan. callable. p.m. Jan. 29 for the purchase 1951. obligation Phelps, Knodel, R. — 1952 to 1960 inclusive. provement bonds offered on Jan. 173, at Clerk of Board of Education, will Jan. 1, Morrisville Sch. Dist., Pa. 16—v. Principal and South Dakota of ; Sale—The 1952 McLaughlin Indep. Sch. Dist. No. 3, by approved Philadelphia. from designated by the purchaser. receive inclusive.- Bond bank 1 payable (M-S) 1951. 1, 1952 to 1978 1 from Feb. on Feb. Dated inclusive. suitable $217,000 funding and improve¬ ment March on 1, p.m. (EST) on Feb. 1 for the purchase of 1957 interest Florence — District Walters, to R. D. No. 1), Pa. town Due Roosevelt Bond Sale—The $4,000,000 gen¬ eral Trust Emery, S. Dak. Bond $900,000 2V2S. Due on Feb. 1 from offered First follows: as The $20,000 audi¬ .on Jan. 17 — bonds Dallas, Parsons & Co., Cross, Reynolds & Nov. on 1956 to 1958 inclusive. Graham, Noyes, Bond Offering—Fred Huntress, County Clerk, will receive sealed Britton, S. Dak. Co., Mackey, Dunn 15,000 2V4S. Due bonds revenue sewer Nov. 1 from on 1952 to 1955 inclusive. The $1,950,- — Beane, Equitable Securities Corp., F. S. Mosley & Co., Hemphill, Bexar Bank of New York Aug. 1 from follows: $20,000 l3/4s. Due purchased by a syndicate composed of Phelps, Fenn & Co., Merrill, Lynch, Pierce, Fenner & The bonds are dated Jan. 1,1951. provement bonds offered on Jan. 18—v. 173, p. 248—were awarded The bonds maturing in 1959 to Cedar Bayou Indep. Sch. Dist., 1964 are callable. Principal and to a syndicate composed of Phelps, interest (J-J) payable at the Trust %.Texas Fenn & Co., Stone & Webster Se¬ Bond Sale—The $300,000 school Co. of Georgia, of Atlanta. Le¬ curities Corp., R. W. Pressprich & bonds offered on Jan. 15—v. 173, gality approved by Sinkler, Gibbs Co., L. F. Rothschild & Co., Hayp. 248—were awarded to Dittmar & Simons, of Charleston. den, Stone & Co., Wood, Struthers & Co., and the First of Texas & Co., Barr, Brothers & Co., all of Corp., both of San Antonio, New York City, Schoellkopf, HutSOUTH DAKOTA jointly. Ion & Pomeroy, of Buffalo, Fran¬ cis I. duPont & water . Jan. 1 in 1963 on 000 Sale Ketcham of composed 1970 inclusive. 1953 to were of . Harrishurg park Additional Nov. 1 from bids until 9:30 a.m. (CST) on Jan. Georgia, of Atlanta, 29 for the purchase of Foster Township Sch. Dist. (P. O. $546,000 G. H. Crawford & Co., of Colum¬ bonds, as follows: Freeland), Pa. bia, and Huger, Barnwell & Co., Bond Sale—The $30,000 funding of $375,000 hospital bonds Due on Charleston, at a price of 100.05, Feb. 10 from 1957 to 1972 in¬ bonds offered on Jan. 9—v. 173, a net interest cost of about 1.88%, ' clusive. p. 148 — were awarded to S. K. as follows: 1t ,' 171,000 home for the aged bonds. Cunningham & Co., and R. C. $92,000 2s. Due on Jan. 1 from 1952 Due on Feb. 10 from 1957 to Schmertz & Co., both of Pitts¬ to 1958 inclusive, '■'■v'fa. 1972 inclusive. y-'vy .' burgh, jointly, as 3s, at a price of 61,000 l%s. Due on Jan. 1 in 1959 The bonds are dated Feb. 100.50, a basis of about 2.90 %. 10, and 1961. Trust 1970 inclusive. 000 1.40s, due on $1,142,- obligation series of purchased by a was Nongard, of Chicago, E. Kelly Brown Investment Co., of Dallas, Russ & Co., of San Antonio, First Southwest Company, Rauscher, Pierce & Co., both of Dallas, Barcus, Kindred & Co., of Chicago, Lyons & Shafto, of Boston, and Dallas Rupe & Son, of Dallas, as from 1 Texas & $180,000 and Aug. on bonds syndicate in 1 ies No. 288 Nov. 1 from on 1952, due Aug. on general 1951 improvement, ser¬ bonds, as follows: $20,000 2%s, due on Aug. 1 in 1951 and 1952, and $180,- 200,000 the Corp., at a price of 100.19, a net interest cost of about 1.34%, as follows: ; Due 000 series garage, due and 1953 to First Boston $100,000 2s. Texarkana, Bond Sale—The issue of Aug. on bonds, as follows: $20,- 23As, 1.40s, $350,000 street Jan. on 2528—were p. Tenn. Sale—The bonds offered Camden, S. C. provement, issue 1951-A bonds of¬ on Jan. 8—v. 172, p. 2528— al Bank, Bond The $85,723.84 im¬ fered were Nashville, CAROLINA SOUTH due municipal 1951 Ore. Salem, 1.40s, from 1953 to 1970 inclusive. 1 — *.*- purchased by the Eddleman-Pol-r' lok Co., of Houston. improvement, 286 No. bonds, as fol¬ $30,000 23/4s, due on Aug. 1 in 1951 and 1952, and 1976 inclusive. Prin¬ 1952 to cipal and interest sew¬ 300,000 lows: Gallatin, Tenn. payable at the Industrial Trust Co., ProviBond Sale The $70,000 sewer age disposal system bonds offered on Jan. 15—v. 173, p. 247—were dence. Legality approved by bonds offered on Jan. 11—v. 173, awarded to William P. Harper & Hinckley, Allen, Salisbury & Par¬ p. 51—were awarded to the Equit¬ able Securities Corp. Son & Co., of Seattle, as 3V2S. sons, of Providence. Sale—The Bond 51 j -- Bond 1, 1963 to 1967, are callable. Prin¬ Aug. 1 from 1953 to 1970 in¬ 000 cipal and interest (M-N) payable clusive. school Independent Dist., Sale—The gymnasium Texas issue and construction of $675,- elementary bonds was 'S'SAVll\& 52 (428) The Commercial and Financial Chronicle . . . Monday, January 22, 1951 Corp., both of Seattle, jointly, at price of par, a net interest cost 2.39%, as follows:. a of about $120,000 2%s. 1954 — to Due Due on Jan. 1 from inclusive. 188,000 2V4S. 1962 to Jan. 1 from on inclusive. 1961 1971 Due on Jan. 1 from 90,000 2%s. 1972 to 1975 inclusive. Due on Jan. 1 from inclusive. 152,000 2V2s. 1976 1981 to Clallam County, Angeles Angeles), Port Sch. Dist. (P. O. Port Washington — Sealed Bond will be the purchase school bids Offering until received Feb. 7 building Hoquiam, for high $344,000 bonds. of Wash. fire de¬ Bond Sale—The $45,000 partment bonds offered on Jan. 15 173, —v. 52—were awarded to p. the State, as 2s, at par. Snohomish No. IS County Sch. Dist. (P. O. Edmonds), Washington $190,000 Sale—The Bond im¬ Jan. 12—v. 173, p. 52—were awarded to the First National Bank, of Everett, at a net interest cost of provement bonds offered about on "Freedom of thought 1.61%. Vancouver, Wash. Bond Sale The $110,000 — eral obligation Jan. 17 v. — 173, p. 53 — and gen¬ offered bonds independence on were awarded to Foster & Marshall, of Seattle, as IV2S, at a price 100.01, a basis of about 1.49%." Woodland, Wash, of of action... ' Bond Sale — The $20,000 fire equipment bonds offered on Jan. 16—v. 172, p. 2432—were awarded to the State, as 13/4S. WEST VIRGINIA Fairmont, W. Va. Bond Sale—The issue of 000 bridge revenue purchased by Allen $2,500,- bonds DONALDW. DOUGLAS was & Co., of New York City, and Robert Haw¬ kins & Co., of Boston, and Associ¬ President, Douglas Aircraft Company, Inc. ates. WISCONSIN "Freedom of Wis. Beloit, of America's Bond Sale—The $200,000 school building bonds offered on Jan. 16 —v. 173, p. 148—were awarded to the Northern Trust Co., of Chi¬ cago, as iy4s, at a price of 100.73, thought and independence of action economy. They are fundamental are the keynotes among to our way of life. Systematic savings through the Payroll Savings Vlan help the individual maintain his own independence and freedom of action and make us strong as a nation." ; : J- V. . basis of about 1.14%. a In Watertown, Wis. Bond Sale—The $400,000 school building bonds offered —v. to 173, the on 148—were p. Harris Jan. 16 awarded Trust;. & than 21,000 more large companies (employing 100 " -- more) and in many smaller companies,, more than 8,000,000 men and womei* are helping to keep America or Savings Bank, of Chicago, as iy2S, at a price of 101.28, a basis of about they t to WYOMING Lander, are doing their are building support $15,000 airport improvement bonds was purchased by Coughlin & Co., of Denver, as 23/4S, at par. CANADA The an widespread are '•*' ' . .; ^ power providing financial inde- Colhome, Ont. Sale The $285,000 before them. Payroll Savings Plan application about those who did'not now? Delegate that every man pendence of action. Far-sighted employers offered these 8,000,000 Americans an opportunity to enroll in the Pay¬ was no pressure, no emotional don't have : ent one and to urge of executives to conduct dependence. woman gets an fered on were awarded Jan. debentures 8—v. to 173, the are increase their pres¬ anxious to build for their Canada, and the Domin¬ ion Securities Corp.,- both of Toronto, jointly, as 3s, at a price of 95.88, a basis of about 3.49%. State Director, U. S. Treasury Department, Savings Bonds Division. He is ready to help you—with They "signed up"—to the benefit of them- minimum. ment a package plan that reduces not pay for this advertising. The Treasury Depart¬ thanks, for their patriotic donation, the G. M. Basford Company and FINANCIAL NOTICE w THE COMMERCIAL AND Notice to Shareholders of Imperial Oil Limited Effective February 1, 1951, Bankers Trust Com¬ 16 Wall Street, New York 15, N. Y., nave been appointed co-transfer agents for all transfer services respecting the capital stock of the Company. Accordingly, effective that date, shores for transfer — both registered and in hearer share warrant form — may be presented for transfer either to the Secretary's Depart¬ ment of the Company, 56 Church Street, Toronto 1, Canada, as in the past, or to the Bankers Trust Company, 16 Wall Street, New York 15, N. Y. Dated at Toronto, Ontario, this 17th day of January, 1951. By Order of the Board. pany, COLIN D. CRICHTON General Secretary in¬ Get in touch with your The U. S. Government does Bank of own ; of¬ p. 52— Imperial a sure application blank. You or to — hospital ■ sign before but may wish to do ~ your top them to enroll, allotment—they placed was a an person-to-person canvass of your employees to make success Savings Plan. There V company been opportunity to share in the benefits of the PaySavings Plan? How about the newer employees? How offered roll • }. - , ( roll selves, their companies and their country. "Has every man and woman in your so of the Payroll Savings Plan is i". excellent example of our freedom of thought and inde- stimulation. A Debenture reservoir of future purchasing industry...they ONTARIO general a inflationary tendencies pendence for themselves and their families. Wyo. Bond Sale—The issue of Port part to offset i >>?. strong. By systematic saving in U. S. Savings Bonds they 1.37%. i .*■ - FINANCIAL CHRONICLE your work to the <