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MONDAY ISSUE The Commercial 2nd Financial Chronicle Reg. U. S. Pat. Office Volume 171 Number 4877 New General RAILROAD ABC Vending: heads INDUSTRIAL - INSURANCE - publicly of¬ (par $1) at $9.37Vz offering 29,800 shares The Chase National Bank of the fered 177,028 shares of common stock share. per The underwriters ©f the stock are York, N. In behalf of selling stockholders. on This Issue with expansion of its to its general business. In addition, corporate under plans company corporation has acquired vending businesses, foe some York The laws and in January, control of 1947, Page New York Stock Exchange New York Stock Exchange the number a of the major units of which had previously operated Its principal executive offices are located in Newr 20 years. principal sale Best of business confections Candy" and the of and corporation under popcorn "America's Best and Corn," its the subsidiaries slogans stands at New York Boston and vending machines located mainly in motion picture theaters subway stations. They operate in the more populous communi¬ of 28 states, Philadelphia, -k»..4d in soft the District -shares of and the common after giving EARNINGS—For and its 41.35 on them numbers from the Heynolda of Co are 1 Eichler of the & Co... 2,000 The Marshall 4,500 G. H. Huston Kuch & & Co.—.— Revel Miller & Co.^_______ Sills, 8,600 Fairman & Inc. M. & Co.__ M. Freeman Hague <$c Co 171. p. Staats Co Straus Charles A. 2,000 3,600 Taggart & Inc. fcs notice stock common dated 27 stated 16 that the conversion conversion upon of it3 price issued $4.65 per share to $6.12 share. per If preferred rendered for 19541 original conversion price shall be $10 per share over the price theretofore cf the $2.50 conversion after Dec. 31, 1949 (and on per shares or Avco The conversion aNo. of price has shares been accordingly adjusted as 38 38 1,803,883 INiimber of optioned shares standing at option shares of i«'ew shares Shares issued issued issuable notes price upon June 38 The notes at issue of to convertible 1949, and out¬ treated as creditors 8.393 price if 39,000 issued and out¬ 49.993 . issuable conversion upon of $50,000 promissory notes issued Dec. 30, 1949, treated outstanding convertible as preferred stock (par $1) each share of $5 preferred share and of stock stock of (par 20-cent par share one preferred par $1 common and accrued $5) prior (par $1) for dividends thereon. Reduction in Capital Approved— stockholders Jan. on 17 approved a proposal to reduce the au¬ thorized capital stock from 1,550,267 shares, consisting of 50,267 shares of prior preferred stock, par $1, 500,000 shares of preferred stock, par $5, and 1,000,000 shares of comihon stock, par $1, to 308,592 prior preferred stock, par $1; 8,325 shares of preferred stock, par $5; and 250,000 shares of common stock, par $1. Of the latter there are 227,227 shares issued.—V, 162, p. 2937. to consist of 50,267 shares of 50'000 American Telephone & Telegraph Co.—Bids for Debs. 2,143,574 Accordingly, the new conversion price of the common stock is $6.12 per share. Each share of presently outstanding cumulative convertible preferred stock having^ for purposes of conversion a value of $10 purchase as a whole of an issue of $200,000,000 of 21debentures, due Feb. 1, 1971, will be received at Room 2315, 195 Broadway, New York, N. Y., up to 11.30 a.m. (ESTj on Jan. 31, 1950.— V. 171, p. 357. Total per share, each of snares In share of common such preferred stock is now convertible into 1949 and adjustment of because of dilution. Each warrant to To Sell Barberton (O.) common The which directors was This company and National Lead Co. on Jan. 18 announced the fcwmation of Titanium Metals Corp. of America, a new jointly-owned organization with headquarters in New York, N. Y., which will market and distribute titanium metal, its alloys and various related products. Officers of A. H. the new corporation Vice-President, Drewes.—V. 171, p. Clark are W. as King, follows; and President. H. C. have decided Property and Build New not to destroyed by fire June 29, pipe Cleveland Allegheny Ludlum Steel Corp.—New Affiliate— and department the of the rebuild 1949 loss to of $683,067 on shortly after the end 1949. Early in 1949 waukee which a line of the in vitrified company addition to pipe.—V. acquired the 171, the and Barberton Slip Seal department pany established a which was collected Secretary-Treasurer, a Plant O., The to Jan, —V. SEC 31, on 171, p. Jan. 20 issued an order 1951, of the maturity of company held by its parent, 101. authorizing a year's extension a $600,000 4% promissory note of The United Gas Improvement Co. 170, A with the stock 2531. p. rule forbids government owners of to Commission of See on equipment refund debts Jan. 16 trust incurred more offering in V. 117, p. authorized the certificates. The connection with in 101. Feb. will 14 authorized capital asked be stock to by vote on $5,000,000 a to proposal to total of a would be represented by 20,000 additional shares of (par $100> and 200.000 shares of common stock 100,000 preferred and 500,000 common shares. stock, also series stock, series will vote to 17,500 A, B, which on a proposal shares is now and to limit to the eliminate authorized but 4"% the Ac'o unissued, 169, p. 2206. Bank Building & Equipment Corp. of America—Stock V. 170, p. 2582, Barnsdall Oil . Co.—Acquiring Oil Lands— Dale R. Snow, Executive Vice-President, on Jan. this company and seaboard Oil Co. are purchasing of acres oil $10,000,000. interest. two the disclosed that in The Scurry County interest consists That 13 jointly nearly 28,000 Scurry and Kent Counties, Texas, for more than The properties are known as the L. H. Wentz estate oil lands of G82 acres of proven oil leases producing wells and location already staked for a third well. County consists of 27,000 acres which lie directly across of the Scurry .County play,—V. 171, p. 2. in Kent axis Bell Telephone Co. of Pennsylvania—New Construction The reports that it plans to spend about $50,000,000 for in 1950, compared with about $70,000,000 in 1949. telephones in sevice in the State of Pennsylvania company gain was purposes of about during 155,000.—V. moved Uhrichsville, O. The and equipment of pipe plant concrete pipe all at 31, —V. 170, p. St. Louis Listed and Unlisted Securities Mil¬ carries 357, corporation has called for redemption on March 1, next, by operation of the sinking fund, $50,000 first mortgage bonds, 3 Vs>% series due 1974, at 105V4. Payment will be made at Bank of New York The March (H. C.) Bohack Co., Inc.—Unit Votes Recapitalization The stockholders of Bohack Realty Corp.. a subsidiary, on Jan.. 4 ap¬ proved the plan of recapitalization, subject to the approval of its direc¬ tors. See V. 171, p. 101. to of The and Fifth Avenue 190. com¬ the fiscal year on Oct. concrete 171, p. The be Arizona Edison Co., Inc.—Partial Redemption— this share, per plant property. will manufacture p. the plant plant of Barberton, sell 1. Allcntown-Bethlehem Gas Co.—Note Extended— request Sold—Scherck, Richter Co., St. Louis, on Dec. 21 sold a block of 6,500 shares of common stock (par $3) at $7.25 per share, for the account of selling stockholders.— 1949 the Oriental Brick Corp. of Crawfordsville, Inc., which manufactures face brick for building and has been closed down for several months. The amount involved was not disclosed. purchase stock at $lo per share now entitles the holder 1.63 shares at $6.12 per share.—V. 171, p. 357. a $11,865,000 The above company has purchased concrete Wtldner; —V. Net American Vitrified Products Co.—Acquisition— 31, share to 31 given area.—V. 170, p. 1390. used stockholders expansion accordance thereof to purchase Jan. increase the 1.63 with the provisions of the stock purchase warrants by the corporation the price of its common stock, par value $1 per share, issuable upon exercise of its issued and outstanding stock purchase warrants, has been increased from $4.65 per shares to $6.12 per share by reason Pf the increase in the warrant price after Dec. until persons year stock. Issued *me Bids for by The First capital expendi¬ stock with if issued and the or cumulative stock $175,000 note a held for being are exchange offer expires on March 1, 1950. Holders desiring to ac¬ cept the exchange offer should forward their certificates to Registrar & Transfer Co., 2 Rector Street, New York 6, N. Y. shares, promissory cumulative one The The 69,875 of 1949 13, standing Shares issued 20-cent off pay note used a subsidiary, on Jan. 10, announced 30. 1949 for the sale of radio station WINS Commerce be stockholders Increase American Beverage Corp.—Makes Exchange Offer— exchange to be $17,500,000. The of a issue to preferred in interested dated Sept. station in will preferred Holders part $45,000 a Bangor Hydro-Electric Co.—To Increase Stock— The 117,430 $1.625— of conversion 13, if as conversion upon issued June treated 1770. p. Broadcasting Corp., (par $15) offered ih used was reported at $2.37'2 quoted at around 3-33a.—V. equipment purchases. 31, follows: isued and outstanding Aug. 3, 1948 subsequently issued upon conversion of preferred shares at currently effective rates common 169, Mfg. Corp.—Sale of Radio Station Suspended— preferred prevailing. given Interstate company proceeds 38 increase (Saares in¬ Baltimore & Ohio RR.—Certificates Approved— of However, the conversion price of $10 per share must be adjusted by reason of the issuance by the corporation of certain shares, options And promissory notes convertible into common shares.. By reason of these dilutions the price of $10 per share provided in the Articles of iacorporation is reduced to $6.12 per share. accrued U The sur¬ Dec. an be The balance will price be contract a than one and are before share, to The Crosley ©upstanding cumulative convertible preferred shares, has been increased from sale will publisher of II Progresso, as Condition Statement of Member Banks of Federal Reserve System 4,500 issuable of making the Oct, 1, Progresso-Italo-Americano had been Suspended because of non¬ performance by the contract date. The sale of WINS was contingent upon the disposal of radio station WHOM by its owner Generoso Pope, Rates Combined Condition Statement of Federal Reserve Banks 4.500 Woodcock, Hess & Co., Inc. Jan. (par $1), (Dow-Jones) has The said now Foreign Exchange 3,000 — Wagenseller & Durst. Inc.- 8,60o 1. published and Bond Averages the of SEC 28 New Dividend Announcements. Co., 8,800 of purpose and amortization.—V. interest the parent company and holders. 28 The Course of Bank Clearings. 37 Redemption Calls and Sinking Fund Notices__38 4,500 Biosser & the Dempsey & Co., Chicago, has sold a block of 6,300 shares of class B common stock (par $1), the proceeds of which were for selling stock¬ Miscellaneous Features Aeronca Aircraft Corp.—Conversion Price— A 36 General Corporation & Investment News.Cover State and City Bond Offerings 41 3,600 Incorporated for Automatic Firing Corp., St. Louis, Mo.—Stock Sold— 35 to 3.600 William R. 4,500 Co., Inc. "Kayden, Stone & Co •Hill, Richards & Co— 33 that Stifel, Nicolaus & Company, 2,000 & Exchange. Exchange 1.500 4,500 8,600 & Co._ 32 Stock National Quotation Industrial Stock Averages.27 1,500 8,600 v Curb 4,500 Simozi & Co of funds Atlanta Gas Light Co.—Partial Redemption— 32 Harris, — received The company will redeem for the sinking fund on March 1, 1950, $69,000 of i;s first mortgage bonds, series due 1963, Payment at 1011-4 will be made at The Citizens and Southern National Bank, Atlanta, Ga.—V. 170, p. 2581. 4,500 - has $225,000, or by The 2.000 Company^ (exclusive par tures. 3,000 4,500 Co duPont by 4,500 ©raigmyle, Pinney & Co. Steele the H. Co., ©ruttenden & Co —V. and ^purchased sufficient to exhaust the amount an exceeding hearing.—V, 171, p. 189. 31 Over-the-Counter Markets i Transactions New York Stock Exchange Transactions New York Curb Exchange $952,059, or Kav, Richards & Company Smith. M. be not National Bank of Boston. 29 .... Toronto Stock Exchange—Curb Section $23,794,627. to held 28 Stock Exchange. Stock Exchange Toronto company underwriters prices at company on Jan. 20 requested SEC authority to issue and sell adidtional i.80O shares of its capital stock ($100 pari to its parent. England Electric System, for a cash consideration of $125 per Proceeds 28 29 Montreal out¬ Harold 1,500 I. of $11,448 Bank share, —19 u 28 Stock Brooke <fc Co Francis the Exchange Exchange._. Montreal follows; I. Yauset, be will 1949, income stock 3,000 & 25, several common Co ©ohu shares City of New York, 11 Broad St., New Feb. 2, 1950 receive tenders for the New 15 San Francisco 1,200.000 2,000 —. & of (Bonds) an Philadelphia-Baltimore Stock Exchange._—30 Pittsburgh Stock Exchange 30 and rnaga- 9,928 Inc. Bioren of as Afrikuts, Lestrange & Co,__ Bailey & Davidson Baker, Simonds & Co Ball, Burge & Kraus Batsman, volume ol names issue 850,000 ended sales Boston merchandise newspapers, financing operations. Sept. consolidated net shares company of which the new to a a UNDERWRITERS—The •rsspective York, Other authorized an weeks 39 report earned of stock, effect the subsidiaries share, a New as Columbia. of food, tobacco products, miscellaneous items. ■CAPITALIZATION—Consists standing cities such drinks, novelties •tmes, including and includes on The 7 Los Angeles Stock Exchange Midwest Stock Exchange through 'automatic ties Curb Stock (Stocks) Cincinnarti Stock Exchange... Detroit Stock Exchange is "America's and noon gold debentures to Athol Gas & Electric Co.—Stock to Parent— ' Delaware ownership will until 12 1949 payments Stock and Bond Quotations City. The the the of sura adding on funds. BUSINESS—Organized the to it terest ). from- the sale of the other 147,228 shares%will by the company to reimburse its treasury for the cost of Treasury bonds recently deposited under operating contracts New York City's Board of Transportation and for the cost of S. of 8*« used ©. Y„ sale PURPOSE—Proceeds he MISCELLANEOUS - Asuncion Port Concession Corp.—Tenders— Jan. 26 on Copy a Corporation and Investment News PUBLIC UTILITY - Price 75 Cents Corp.—Stock Offered—Reynolds & Co. list of underwriters who a York, N. Y., Monday, January 30r 1950 Bank, corporate trustee, 48 Wall St., New York, N. Y. 1, 1950 coupons should be presented in the usual manner. 2433. Edward D. Jones & Co. Established 1871 300 North 4th St., St. Louis 2, Missouri Members New York Stock Exchange Stock Exchange Chicago Board of Trade New York Curb Exchange (Associate) Midwest Phone ClEntral Bell 7600 Teletype SL 593 , Monday, January 30, FINANCIAL CHRONICLE & COMMERCIAL THE (462) 2 1949—3 31— End. Dec. Per. Ry.—Agreement 37,163,702 99,283,539 90,347,560 t$1.54 ' *$3.97 t$9.68 *$9.36* "Based on 8.954,982 shares. tEased on 9,582,942 shares, number outstanding after sale of 627,960 shares of treasury stock in January, 1949. tAfter deducting quarterly dividends on the preferred stock. income Net G. E. 16,385,137 ™ $20,000,000 $14,000,000 77,500,000 77,500,000 45,000,000 45,000,000 20,000,000 20,000,000 __ 13,000,000 13,000,000 30,000,000 shs. 14,798,174 shs. BUSINESS—Company is a holding company and through its sub¬ sidiaries distributes and sells natural gas in 1,214 communities to approximately 1,054,000 residential, commercial and industrial cus¬ tomers, It is an interconnected unit operating more than 31,000 miles of gas transmission, distribution and field gathering pipe lines, 121 gas compressor stations, 12 liquefied petroleum gas plants, 22 under¬ ground storage reservoirs and 9,804 gas wells. The principal operating subsidiaries operate in Ohio, Pennsylvania, West Virginia, and New York, Since 1943 Columbia substantially augmented its Appalachian Chairman, Grace, 1949 for additions and improvements to of properties amounted to $64,767,022, in 1948. The estimated cost of com¬ pleting construction authorized as of Dec. 31, 1949, is $93,200,000. "The amount charged in 1949 against current earnings on account of pensions was $15,462,419. The amount paid into the Pension Trust Fund as the estimated cost of pensions granted in 1949 and some others granted in prior years was $5,832,653 (of which $370;234 was charged against earnings in prior years) and $10,000,000 will be paid into the Pension Trust Fund in 1950, in part to provide for pensions which it is expected will be granted in 1950 and subsequent years and in part to provide for increases in pensions which were granted prior during the fourth quarter previous quarter, and The Feb. on Bonhomie is part of the ally owned by Tatum Lumber Co., entire stock of the road.—V. 135, p, fee the net investments on Net V. 170, files as no provision has 1182. p. Bostoii . p. revenues —V. 171, ■ the Co., U. and $3,342,412 1,295,000 170, End. —Quarter Year End. Sept. 30,'49 Sept. 30,'49 June Total revenues expenses $13,695,824 — Total ; — tax income $5,070,590 13,378,537 101,400 4,722,712 113,200 income — $215,887 102. 170, p. — 30,'49 company Year Ended Dec. Earnings —V. taxes share 1910. per 170, 31— after income Net Income Co.—Earnings Show Large p. and charges™: —_c_ Gain . 1948 $903,512 $1.21 1949 $3,223,108 $4.32 income for income Net Bigelow—Earnings Rise— & 1949 was higher than i in the previous year. Accord¬ indicate that reported for ing to Charles Ward, President, preliminary figures earnings equal to approximately $2.15 per share will be the fiscal year ended Jan. 31, 1950. This compares with prevailing uncertainties operations ahead of resulted 1950 in Sales p. Sales declined during most of 1949, but greater efficiency in higher net income. should increase, and are already running 3.5% the year before. share in $2.09 per slightly due to general business 1949. Orders are up 9% according to Mr. V. per on Jan. 18 approved corporation will separate stockholders The which under the a plan of reorganization its battery and handicraft setting them up as two new Delaware Burgess Battery Co. and Burgess Vibrocrafts, Inc. present corporation was changed to Burbatco, Inc. In holders share of the share, V. 171, corporations, viz.: The name of the the latter named company will receive stock of each of the two new corporations to present Burgess Battery Co. stock¬ on the basis of one share of each of the new companies for each held. Burbatco, Inc., will then be dissolved. The par value common stock of the new Burgess company will be $6 per and that of the Burgess Vibrocrafts, inc., $3 per share.— exchange for the 162,430 which assets, shares of common be distributed will p. 2. 1949—12 Mos.—1948 108,757,473 124,027,053 $454,288 $365,838 SEC—• SEC of Cornell-Dubilier Electric Corp. Year Ended , $13,678,971 $15,062,841 450,785 '446,731 689,149 $0.86 JMLb4 all Federal taxes and. pre I'.fed dividend requh 2-'. - income "Net (& Subs.)—Earnings1948 1947 1949 Sept. 30— sales Net Earnings : share____— per — provision for 171, p. 359. "After 1947 8,174,238 169,926 $7,387,740 6,955,566 171,304 $45.17 $37.62 $7,445,251 7,010,060 172,749 . $37.56 •— requirements.- , , of on to exchange class A stock, the exchange under date of Dec. 27, 1949, Jan. 25 announced that its offer stock for each 12 shares of its accordance with the terms of its common effective become submitted to in that 171, new class A p. certificates stockholders to the pursuant • System, Gas Three Deardorf Oil Inc.—Offers Common scriptions record for be the share for accept sub¬ stockholders subscribe except that stockholders its intention to share from be entitled to each 10 shares owned, 250 shares or less may subscribe for 25 offering will be made on Feb. 2, 1950. accepted subsequent to See 24 announced Jan. Deerfield Gas Stock— Jan. common stock at 80 cents per 28, 1950. Stockholders will for new one holding that Corp.—Rights to Stockholders— corporation on The of has Kearney shares. It is expected No subscriptions Feb. 28, 1950.—V. 170, p. Production Co.—Private Co. below. will 2128. Financing— : ! Gas Production Co., and R. W. other Beane, signed an agreement with the Economic Co¬ operation Administration to convert into dollars its receipts from a $65,000 investment in a French plant. ECA. said the $65,000 investment consists of a loan to the Soclete Glaenzer Spicer of Poissy, France, to purchase American machine tools. The French company makes universal joints and propeller shafts used in autos, locomotives, helicopters and other equipment. Dana Corp. holds a minority interest in the French firm. The loan bears no inter¬ est and is repayable in ten equal yearly instalments.—V. 171, p. 3. corporation This offer will 102. fhW Corp.—Affiliate ECA Agreen Dana 1948 $8,681,250 Pressprich & Co. headed a bank¬ ing a group which offered to the public on Jan. 24, 304,998 shares of common stock (without par value) at $12.621/2 per share (less 20 cents per share concession to members of the National Association of Securities Deal¬ ers, Inc.) The shares were awarded at competitive bid¬ ding on Jan. 23 on a bid of $12,253 per share and repre¬ sent the unsubscribed portion of 1,345,300 additional shares which the company offered on May 24, 1949 to the holders of its outstanding common stock. & Milling Co.—Files With company under¬ Corp.—Earnings— etc share— corporation share Columbia divisions, 31, on Jan. 20 filed a letter of notification with the $190,000 of 8% production notes and 380,000 shares of com¬ mon stock (par 25c) to be sold in 380 units, each unit to consist a $500 production note and 1,000 shares of common stock at $500 per unit, the net proceeds to be used to pay mining expenses. No writing involved. The 1949 divs., shares™—_____ common Shields & Co.—Reorganization Approved— Stock Exchange directs that the common stock be not until further notice and that all certificates delivered 1950, must be accompanied by due-bills.—V. 171, p. 359. covering Ward.—V. 170, 2434. Burgess Battery after Jan. accordingly be issued to depositing class A stockholders at an early date. Holders of shares of class A stock who have not yet accepted the offer may do so by depositing their shaves with Guaranty Trust Co. of New York or Trust Co. of Georgia, Atlanta, Ga., at any time prior to 3 p.m. (EST) on Feb. 2, 1950, when the offer expires.— and * : made. The New York Exchange Offer Effective— offer stock, held. offering right Debentures due 1966— 31— from 'After class A dividend has Co.—Rights to Subscribe— upon Continental Mining & after taxes— income 'Earnings This Brown $4.16 ments.—V. Number one $6,315,575 $4.26 quoted ex-rights is notifying Year Ended Dec. Total Net Brooklyn Union Gas is outstdg.) no The 190. p. $210,508 of shs. average ion to subscribe, on or before Feb. 20j 1950, for common par value, to the extent-of one share for each" ten shares subscription price is to be determined shortly before the the 11,700,000 /ii;546,149 >118,171,745 2223. p. sh. 102. effective registration under the Securities Act of and the making of an offer by the company, holders of commou of record at the close of business on Jan. 31, 1950, shall have 1933, 7 1,574,280 1949—Month—1948 8,965,750 10.383,416 $26,350 $44,143 surplus— $7,211,239 __. com. per 171, p. Consumers Power holders of its refunding 5% gold deben¬ ture bonds due Jan. 1, 1966 that all of these bonds outstanding will be redeemed on March 1, 1950 at 103% and accrued interest, Imme¬ diate payment of the full redemption price may be obtained at the Manufacturers Trust Co.. 45 Beaver Street, New York, N. Y.—V. 171, $4,893,170 4,553,962 128,700 $234,678 • ' " ■ > ________SJ'.jsji'Jba• deductions ____ 2,322.71!7 l,Rj2,473 income Contingent Ry.—Earnings— Coca-Cola International Net —V. ' 2"! 343 ; income Net Earns, of Bait, Wholly-Owned Subsidiary) 1949 1948 £66, ,712'.7*9 57-,'2.99,37'V. :;m .0.!)•)!),!><'>5■ income Gross 25,997,141 273,958,827 334,555,157 Cities Service Co.—Redeems The 9 Mos. Light & Power Co. Counties Gas Co., a 30— Operating'1 income " Other requirements.—V. 171, p. 190. passengers— —V. Inc.—Earnings— underwriter.—V. 170, p. 2583. No Operating expenses, and taxes stock to stockholders.—V. 171, 358. capital. Operating revenues $ $ ' Balance 2,200 2,200 Corp.—Files With SEC— notification with the SEC $1) to be sold at $5 per Altadena, Calif., the proceeds to be used Consolidated Gas Electric 1949—12 Mos.—1948 $ 21,196,860 Cincinnati Street 3,850 2,200 2.20O 2.200 140 Bradburn, R. James working 11 Months Ended Nov. Ry.—Earnings— ' 5,170 3,650 3,850 Jan. 18 filed a letter of shares of common stock (par 500 to share for Income 1949—Month—1948 i. dividend Boston, Mass., on Jan. 24 publicly offered 2,200 stock (par $.1) at approximately $12 per share, the York, on company covering 23,077,156 Other railway taxes___v : 1,654,595 17,663,344 Net ry. oper. income— 2,117,401 1,897,029 26,368,967 45,448,385 Net incojne__ 513,352 797,082' 13,557,89 7 29,791,435 'Earns, per com. shr.__ $0.06 $0.09 $1.64 $3.72 'Calculated on number of shares outstanding after merger of Chesa¬ peake and Ohio and Pere Marquette and after allowing for preferred taxes Inc., Braniff Airways, The Jersey—Orders Equipment— prof. exc. 5,170 Consolidated Engineering in¬ Canadian and S. come 3,559,221 2,337,619 outstanding New of 5,170 5,170 due March 1, 1974, are now available In temporary debentures at the Guaranty Broadway, New York, N. Y.—V. 171, j., debentures, 3% for Co. 5,170 5,170 Debentures Ready— 358. Co.—City Rejects Bid to Lease Joseph M. Johnson & Co., Not Inc.. ______ : Mullaney, Wells & Co.__— . Defin'tive locomotives. income. Gross Inc.—Stock Offered— proceeds to go to selling 5,170 5,170 5,170 exchange Trust on Period End. Dec. 31— common Estimated $4.17 $ 190. & of Co Co., Inc.________ & (Including The Maryland Revenue Lamont $6.59 the placing of the orders, E. T. Moore, President, locomotives would be purchased through the issuance trust certificates.—V. 171, p. 102. new equipment of $9,239,252 $159,127 Botany Mills, shares $7.20 Reed, Lear & Co.— Vercoe & Co.____—_——. George K. Baum & Co. Courts & Co.— — Ilanrahan & Co 5,170 5,170 5,170 • & Co.__ Definitive 3% 2582. steam Westheimer & Co.„__ Wheelock & Cummins, Inc. Moore, Leonard & Lynch- announcing In said $8,270,759 • 968,493 3,521,148 2,283,832 __ p. $1.86 Period End. Dec. 31— $5,964,107 income Rentals, interest, etc Contingent charges — income 1946 $3,824,325 855,472 '-v p. company coal-burning 1948 $4,983,560 980,547 income— income Gross 1947 $6,227,929 905,472 Springfield 170, Co." & duPont I. Ferris Jan. 24 announced it had placed orders for 24 new Diesel-electric locomotives which will cost a total of $3,104,815. The locomotives, all of which have been promised for delivery within the next six months, will bring the Jersey Central's fleet of Diesel-electric units to 105., The new Diesel-electrics will take over the duties performed by 47 $82,238,981 $94,165,928 67,091,573 73,742,349 6,481,145 7,737,357 3,327,696 3,993,851 355,007 416,612 v, operating $1,950,000 905,472 1948 $6,785,189 905,472 1187. 19,000 Jer.ks, Kirklauci & Co. 1949 - Chesapeake & Ohio ; Equipment rents (Dn Joint facil. rents (Dn railway Francis —V. expenses Net Dain M. J. share—_ 19,000 Watts & Co._______ Baker, in both periods, giving effect to two-for-one tAfter dividends on preferred stock issued during 170, p. 2582. . Central RR. of New I — Net 170, The "regulated investment company" and • been made for Federal income taxes.— Taxes Other $3.66 t$4.89 ____ 19,000 JJjgginsbn Corp.______ 19,000 American Securities Corp.- 12,500 Stroud & Co. Inc. ,12,500 Stfaus & Blosser__ __— 7,500 (111.) City Council announced on Jan. 18 that it has rejected unanimously an offer by this company to lease the competing municipal power plant for 20 years and pay the city $825,600 annually. Spokesmen for the company said the issue would be taken before the people by means of a series of newspaper advertisements to explain the purpose and details of the company's $255,620 8,066 33,722 1949 37,302 Lee Municipal Power System— Maine RR.—Earnings— & $ Reinlroldt & Gardner The Robinson-Humphrey Co. —'——• Sills, Faivman & Harris, Inc. : Sweney Cartwright & Co.__ 37,303 Co,__ 37,303 Equitable Securities Corp._ Harris, Hall & Co. (Inc.)-- 1948 . outstdg shares —V. a Years Ended Dec. 31— Operating Operating 1949 , 254,871,526 218.037,541 18,834,787 13,772,581 3,764,480 1,882,240 share per 1947 1948 follows: Merle Smith— & Dick — taxes income Com. Earnings $399,318 $321,467 $213,839 gains on investments of $58,004 in 1949; net of $61,745 in 1943 and realized net profits on NOTE—Company therefore ' 1949. year.—V. offer,—V. 1949 as purchasers Co.—_ Pressprich & & Co; 3,764,480 on split in — $28,005 in 1947. Investments of totaling & R,W. » Year End. Oct. 31— the 1160. 11,431 40,891 realized "Before program stock, are common Shields Hickey & . net income was $12,- who have severally agreed to pur¬ respective amounts set forth below, the 304,998 shares of the in chase Celotex Corp.—Earnings— RR.—Bonds Not the partners of which own $120,588,504 and consolidated was PURCHASERS—The p. $373,790 _______ subsidiaries budget of $18,000,- postwar a Co.—Earnings Central Illinois Light 12,785 ________52,963 __ income losses 171, p. per 'Based stock not subject $465,068 and interest income. Management in capital shares of 'Earnings the strike Inc.—Earnings— Ended Oct. 31— 3 Months Expenses $18,000,000 Con¬ 1950 construction a is engaged 358. company after income Number Jan. Boston Fund, Dec. of as $ reports that the $50,000 outstanding first mortgage 1, 1950 were not paid at maturity. The bonds , due System's of a second generating unit of 60,000 hp. In 1949 construction expenditures were $17,- Caterpillar Tractor benefits to other union. Unlike the program is Southern are "Net The The Dividend plant. Year Ended Dec. 31— Paid— company with Southwest gas under purchase contracts. Columbia Gas total proven natural gas reserves in tire Appalachian field 31, 1948 were estimated at over 2 trillion cubic feet. the 12 months ended Sept. 30, 1949, total gross revenues of supplies at First Hallgarten agreement reached by the com¬ Workers (CIO) in settlement of Hattiesburg & plus ac¬ , pension part of that agreement, the insurance to ratification by stockholders.—V. 170, p. 2582. bonds approved have $80,000,000.—V. It will provide for sickness, accident company is now extending the covered by the contract with the The stock cumulative prior preferred Light Co.—Plans & completion Lumberton 753,589. old plan on Jan. 31. and the United Steel October. •The Distributing Co.—Calls Stk.- on 003,617. including the relief plan has taken action trustees of the Bethlehem board of workers than those 6% Power directors The 000, at announced that a new insurance program employees of this corporation and its 1 The insurance program last redemption for For salaried and hourly-paid to terminate the pany called Carolina Net is to go into effect Feb. 1. substantially increased amounts of life insurance, and hospitalization benefits. per share Charlotte, struction— Plan Effectve Feb. 1— companies, ■ 1492. p. outstanding shares of 5% the of been ■ 17 covering $1 par value common stock to be sold at $7 Slann, President, through R. S. Dickson & Co., 170, Sales company The with the SEC on Jan. Feb. 11 at $25 per share, crued dividends of 31 cents per share. Payment will be made National Trust & Savings Bank, San Diego, Calif. capacity." New Insurance subsidiary filed was California Cold Storage & All averaged 88.7% for the entire year, as compared with 97.2% for the previous year. The steel plants of the corporation were not operating during the month of October owing to the steel strike. The rated steel capacity (ingots and castings) of the corporation, which was 13,800,000 net tons per annum on Jan. 1, 1948, was increased, effective Jan. 1, 1949, to 14,200,000 net tons and was further increased, effective Jan. 1, 1950, to 15,000,000 net tons per annum. Current steel production is approximately 95% of the for both : •' ■:.■■■; ■ With SEC— .• ■ • notification of C.—V. have the new 164, p. 1589. . 1,400 shares of N. and castings) averaged 60.1(7- of capacity of 1949, as compared with 89.2(7 during (ingots production to by David L. 1950. "Steel debs, Y.—V. N. letter A properties and for acquisition as compared with $33,193,004 to debs, 3 V* % Butler's, Inc., Atlanta, Ga.—Files expenditures in cash "The 3Vo % . . announced: Jan. 26 further on blank, in to ] 956 due 1971 due 1973 3% debentures due 1974 — 3% debentures due Aug. 1974__ Common slock (without par value) be withdrawn without payment of any com¬ surrender of certificates of deposit endorsed the New York Trust Co., depositary, 100 Broadway, New the by expenses York, 1. Outstanding 1947 1, Sept. mittee PRESENT FINANCING) each debs., $2,000,000 due serial l7/8% bonds may Deposited sh. com. per EFFECT TO (GIVING Authorized the deposit agree¬ that it had elected to terminate 1946, 20, CAPITALIZATION ment. tEarns. $37,640,000. at a Nov. to to Expenditures published notice dated Jan. 16, the committee for the consoli¬ dated first mortgage 5% bonds which matured April l, 1934, informed holders of certificates of deposit for these bonds not withdrawn prior In from the sale of the 304,998 shares will be of the corporation and will be used by the finance a portion of its 1950 construction program. for construction and gas storage for 1950 are estimated the general funds company Terminated— de- Stanley $12,112, PURPOSE—Proceeds added to below ductions and Morgan (jointly), Corp. Co., $12,031. ' ' Burlington, Cedar Rapids & Northern 225,474,181 389,051,220 1,266,843,001 1,312,556,417 ' ~ '• "!'■ 37,886,782 73,706,746 209,667,282 188.080,585 Deplet. and deprcc._ 7,710,057 9.206.996 33,019,014 30,222,602 Int. and other chgs. 1,491,588 1,661,048 5,264,729 4,905,423 Prov. for inc. taxes— 12,300,000 25,675,000 72,100,000 62,605,000 billings.. inc. before Wet Total Battery Co, above. see Burgess & Securities Union and Vibrocrafts, Inc.—New Company- Burgess Subs.)-^Earnings— Mos.—1948 1949—12 Mos.—1S4.8 Bethlehem Steel Corp. (& 1950 bids $12,169 were a Lynch, Pierce, Fenner Goldman, Sachs & Co. submitted, viz: Merrill share; Lehman Brothers, " Delaware Fund, This Fund, 1949, an 1949— reports that at the Inc.—Assets Doubled in open-end investment-company, with Shares th® total net assets were $3,701,323, which compares at the beginning of the year, an increase of 161%. outstanding at the year-end totaled 260,672, as against 104,487 at start of 1949, an increase of 149% during the period. end of $1,417,543 Net asset value per pared with per share the previous year.—V. Delhi Oil See El Paso share asset 170, at Dec. 31,- 1949 value of $13.53 1292. rose to $14.20, as com¬ reported at the end ol p. Corp.—Sale of New Mexican Leases— Natural Gas Co. below.—V. 163, p. 3132. , I Volume 171 Number 4877 Dfenver & Rio Grande Western RR.—Sale of Utah Fuel Fuel Co. in V. 171, p. 102. Diamond Alkali Co.—New Furnace in Operation— This company 450,000-ton furnace nounced. This related and plained. the at plant Diamond. The put at lull-scale operation silicate plant, it is an¬ production of silicate of soda Cincinnati nlant. by 50%, it was ex¬ Federated the three 50,000-ton furnaces. Total cost The $300,000. was plant is six 13 basic operates silicate plants chemical by throughout plants Company the country.—V. 171, p. 359. thorized the reports, press this has company organized a stock of group companies, mainly from tile United States, which have pooled $10,000,- <500 for investment "The oil in aside the for express time to for June share 30, of The back old 7% preferred stock of as exchange dividends paid Feb. stock under 1, 1933, privilege production proceeding at last summer of latter prior in Scranton most encouraging a by a strike,—V. plan to stock. amount where have 1949 $3,494,054, same of include value 495,674 31, its 904,020 $16.30 O. the increase an third of 5,497 quarter of by 109,945 the over stockholders number Dec. as of at recorded A letter 2.000 the 31, close * of & notification ol Co., selling filed was stock common Philadelphia, stockholder.—V. to Pa., 170, with be the SEC olfcred for the at Jan. on $10 account of 80 the 1, dividend a the and in after 10 amount as bank holding units, 1, Sept. according contract Under and to to of The to been Initial and the El Delhi point a south granted by July The from of South Dakota called been Payment and 46 the 12 In residing in Montana.—V. for redemption Feb. on next, 1, 101 stockholders Corp.—Suit 171, Set be $1,104,000 by transfer 15, leases. carrier Calif., and 1950, of by (par $20) shares. increasing from in February on a vote to are 13,200 & Iroin northwestern near the the FPC if will only Arizona to the stated, Delhi will be feet natural reserves retain rights the all oil the 166, be exceed reserves market" value The contract average of million to payments, the leases feet at cost the to $30 each has in well. El dew has Paso 171, under take terms Delhi pay gasoline natural to drill the leases, it is gas Gibson The five of the operation series under the 171, "Roy" The to of obtained to from the wells all Jan. on Boston filed 20 of a 15-year and trademark, but and in labor, and lo market has called the of Chicago, at and and 106 interest. Bank, 170, 111.—V. Savings sinking fund operate debentures, department a territory.—V. 1G3, p. 170, all taxes, at a company's store The Guaranty and fourth a of a at 1, through mortgage V'z'lo will be West 115 the Mellon the Chase New —V. has called for redemption on March $210,000 of first mortgage 3 V\ % bonds, and accrued National interest. Bank National & Bank of Immediate Trust the Co., City payment trustee, of New Commercial William offices; as Dana 135 S. second-class American NOTE: and La cumulative preferred stock wera 6% .170, p. 2436. Contracting Co., Houston, Tex. 525.532 $2.91 Files With on H. Jan. 20 filed a letter of notification with the SEC cumulative preferred stock at $100 per share stock at $40 per share, the proceeds to be of 5% of common general salaries. corporate No underwriting Sound Co.—Plans to Sell President, Sharp, on Jan. involved. Preferred 20 announced • Stock— that the directors are held 525,582 $0.39 — $2.45 preferred stock be authorized for issuance. If author¬ planned that such preferred stock would first be offered foe vertible $50 par ized, is it subscription by the holders of common stock. The proceeds of the sala would be used'for further development of the company's properties and etc. other capital for at the stock rate are redeemable corporate purposes. $3.17 of for write each p. planned that Union Securities Corp. will herd a group-to under¬ proposed offering to the holders of common stock.—V. 170, the 1699. company Hytron Radio & Electronics Corp.—Stock Distribution Co.—Registers With SEC— Approved—Sales Up 108%— on price and underwriting terms for the stock The of sale. the the Net proceeds of the financing will be used for general corporate financing of a portion of the company's 1950 con¬ struction requirements.—V. 171, p. 360. / purposes and next, series will be Pittsburgh, York, 11 for due Pa., (par 1973, made Broad An the or in at of 10,000 and 1,899 November, per at issue $10) 1943, shares shares of of 50-cent common cumulative stock were preferred publicly shape $10 per share for the preferred and $12.59 share for the common stock, the proceeds to be added to working than Backlog sales at capital. Street, Coffin for With BUSINESS—Organized May 31, 1948 to succeed to a partnership. packs food products and operates wholesale meat department. Cans and dated orders sales should which 1,000,000 from Inc., made on Jan, 25, 1950. consolidated sales of Hytton was announced Co., total for 1949 of of and approximately aggregate completion of Air 1951 increase an of $16,500,000 as com¬ financial before in its 29-year history. ever of 1950 manufacture years President, Products authorized 21 to 3,000,000 shares and approved the action in declaring a 100% stock distribution in $7,938 000 in 1948, an increase of 108%. stated the company is entering 1950 in better the facilities Jan. directors stock split-up a King with pared , of Coffin, Air on common par of nature and stock offered $1 board Bruce the Haley Canning Co., Hillsboro, Ore.—Stocks Offered— 1, stockholders shares of television of the picture about new tubes. and King Products Co., Inc., these companies 1952.—V. 171, p. $12,000,000 will estimated and $30,000,000. plant and the facilities increased aggregate for February $35.00 of per the $40,000,000 consoli¬ in 104. Chronicle 25, year; 1942, in at the Dominion fluctuations in the post of rates office Canada, of at New $38.00 exchange, York, per N. year. remittance Y., under Other for the Act Countries, foreign of March $42.00 subscriptions per and 3, 1879. Subscriptions in United States, U, S. year. advertisements must be made in New York funds. Possessions, Territories and Members tha production it is expected, that the Salle matter account of for redemption on Nov. 30, 1949 at $10 per share and is being made at the company's offices in Hono¬ (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570. Herbert D. Seibert, Editor and Publisher; President; William D. Riggs, Business Manager. Published twice a week [every Thursday news and (general advertising issue) with a statistical issue on Monday}. Other St., Chicago 3, 111 (Telephone State 0613); 1 Drapers' Gardens, London, E. C., England, c/o Edwards & Smith. Copyright 1950 by William B. Dana Comoany. Reentered Seibert, Union, On Financial $11.80 $5.80 considering submitting to the stockholders at the annual meeting to be on March 20 a proposal that approximately 76.000 shares of con¬ $85,526,901 525,582 Co. of New York share.—V. 171, p. 192. public offering made Monroe York, N. Y., upon presentation and surrender of the called bonds. 170, pp. 2583 and 2436. The (est.) Rapid Transit Co., Ltd.—Stock Called— SlOO.OOo for H. 1949—9 Mos.—1913 Jan. 24 filed a registration statement with the SEC covering 350,000 shares of common stock (no pan, the same to be offered for sale at competitive bidding which will determine the next, Payment co-trustee, company 100.81 38,302 $7,203,942 $14,094,029 1.770,000 3,000,000 taxes. Pavment $200,000 used 1,288,435 Trust inc. 983. company covering busi¬ 1,530.142 certificates for Fed. SEC— 1902. p. $1.02 scrip $14,055,723 110,838 $5,433,942 $11,094,029 Houston It is The gas. $7,093,054 share lulu, Hawaii.—V. due 465,383 depreciation, 194S SEC 525,582 outstdg. share 2 Subs.)—Earnings— 1949 the outstanding shares of dividends. Scrip Certificates Redeemable— Equitable Gas Co.—Partial Redemption— The have $17,898,442 $22,155,524 10,805,388 8,099,796 provision taxes Honolulu All Mr. sinking fund, common to income__. income Howe 1949—3 Mos.—1943 stock per 'After 1697. p. A ("Wall Street Journal.") redemption on March fund. $53,000 of first sinking 1969, Trust for were income per are 536,887 Earned the construct class income before —V. important every and $33,992,330 $30,092,796 $99,909,913 profit Capital the from inc. Earnings Co.—Earnings— Period End. Nov. 26— 'Net has natural surface notification of of spring. registration statement with the 3%% subsidiaries its Sales 110 of on Dec. 2, stock (par been used to the Navy Department. Perkins underwritten the issue.—V. 170, letter a proceeds —— recently called and surrounding Grand Union liquid 20% Corp. Products Liberty charges operating Net purchase this royalty of of shares The to be leased from Mass., were to have income Federal 192. p. $1,250,000 company in ness was on plant operating Net been refrigerators by licensees materials, raw has company Gibson market to establish necessary Gibson his the of Canadian manufacture to says manufacture the Gulf States Utilities due Harris Street, Co., Bedard • '• daily of filing 25,000 withdrawn. operating Other The 1, 1965. Lee Higginson Corp. and Estabrook & Co. are named as principal underwriters. The public offering price and underwriting terms are to be supplied by amendment. The proceeds are to be apjl%r to 'the reduction of bank borrowings. 359. p. company the the plans company where company The bonds, Canada, Bedard Canada in on that it has licensed the Empire District Electric Co.—Partial Redemption— The Quebec, the lor them then it contract, plant sales option comes the average the gross stated. if for SEC Boston, Feb. ' 1,000'• minimum gasoline a additional was and increases, a maximum a natural a and years agreed 011 to up feet Basin to royalty or 10% of plant. El Paso has an the as and operate Natural form gathering system ■fit have to covering may> first the been a Co., Total Gilchrist Co., Boston, Mass.—Registers With SEC— $250,000 per the of retooling The announcement cents during cubic Juan Paso a two sales. gross is the after San El Delhi, and Paso the for feet daily. EI pay hydrocarbons from plant's cubic billion 600 in gas calls construct and plant of billion 60 cubic agreed leases —V. from of 1593. p. announced 18 refrigerators available.—V. royalty will rise to six cents per 1,000 during the second five cents during the third five years,' and thereafter a mini¬ cents per 1,000, or higher if the total gas taken plus added. It cash royalty by El Paso of five a produced that the reported with Gross border that subsidiaries are 9 Months Ended Sept. 30— increased shares the of value par would seven remaining "fair immediate paid gas President already country production gas to Roy, seven of mum all on years. This years; Jan. on is New certificate preferred Honolulu Oil Corp. (& proposal to reduce the $736,000 through capital then 27 • addition In company expects Feb. op Products Atlas to first 1914. p. has operate $1,000,000 to from The the surplus.—V. producing the produced. •Cubic E. 20. $250,000 Delhi covers Delhi Corp. said is Net The days following receipt by permission to build its San canceled contract the who the past year.—V. Hingham Industrial Center, Inc.—Filing Withdrawn— Trial for issue would convertible 170, It 360. p. Mr. Higgins said, 170, p. 2225. condition, strong a 1949 exempted 23, Dec. on Davisbilt $10) below.—V. Inc. capital stock retirement to Mexico' New Feb. on Oil SEC 1949, Film in about the level of at company —V. first mortgage sinking fund 4Vs»% bonds, due Feb. be made at the Liberty National Bank & Trust & 1950 enters company and will Aniline totaled $7,407,000, about the During 1950 expenditures will be 1949 in year. a proposed transaction whereby Corp. 15,000 shares of new $5 stock (par $100) in exchange for 75,000 shares of $1 cumulative convertible preferred stock (no par but having a stated value of $19 per shaic) of Highway Trailer Go. held by Atlas Corp. The new preferred will be convertible into com¬ mon stock at $5 per common share, subject to certain adjustments. The exchange will be made in connection with a proposed merger of Davisbilt Products Co. into Highway Trailer Co. As a condition prece¬ dent to the merger the Atlas Corp. will contribute the 50,000 $1 par common shares of Highway Trailer owned by it. Highway Trailer 593. at previous higher, said Charles A. Higgins, President. cumulative lo operates a in North p. expenditures the in income The 13 170, 2,633,948 $3.99 Highway Trailer Co.—Proposed Merger, Etc.— of by States 47 437,440 5,925,195 2,645,224 $3.60 — shares outstanding...common 6hare per as The prevailed corporation in Minnesota, are 437,440 stock common Construction Ky. Remington Rand authorized 35 gas Needles, will Delhi, Delhi pay Commission 24-inch ol signed was to was $2,750,000 within Power contract payment. reserves President properties Paso proposed a purchase .not Murcliison, Federal pipeline, Mexico he terms, pay Paso W. purchase the will El Juan C. in common 6,876,451 preferred stock on Germantoyvn Fire Insurance Co., Phila.—To Inc. Stock the Delhi interest on Earnings quarterly a has $ 10,947,062 cents 50 directors 011 which 1948 9,931,960 income taxes after number Average cur¬ to 'holders was paid of 1950, basis company, which of Ltd., of L'Assomption, refrigerators in Canada. the from 1949 125,832,646 134,195,797 *.••— , Dividends this intention the stockholders 13,500 some Co., company has contracted to purchase Barker Dome gas leases and leasehold -Earnings— (& Subs.) p. 2331. Buy New Mexico Gas This $2.31 , income Net 1949. 10. semi-annual of 50) 1,111 $ strongest the than it is (No. March same Sept. announced the has A have 1961. See covering through M. Curlcy Leases— Its $113,667 share per sales Gross Gibson Refrigerator Co.—Licenses Canadian Firm— To $5,005 Year Ended Dec. 31— substantially at is company payable in is 10 dividends on banking General Guaranty Trust Co. of New York will act as agent for holders 1n buying or selling scrip certificates of this company received in connection wjth the recent stock dividend.—V. 171, p. 4. Co. — 170, p. 2436. same stock, This of interest, $16,500 of The Natural Gas 380 $9,898 . charges income and Eastman Kodak Co.—Scrip Agent Appointed— Paso 1,070,529 $117,598 3,931 Hercules Powder Co., Inc. $28,- stated that its surplus funds were declared 18 President, of 9 in There The El $70,387 $1.43 302 income Earnings (Henry) Fischer Packing Co.—Partial Redemption— 20 John of $10,200 $71,498 with capital corporation Dukota, 2583. p. 26,311 $5,384 —V. share per 19,513 Net of 1949, Stainless Steel Corp.—Files With SEC— shares Hansel 495 Corp.—To Pay Dividends Quarterly March payment Instead Co., Louisville, Eastern $45,188 1,427 Gross 2024. p. 1950. Canada. and of as $98,085 Interest 1934. The and an increase of 15,044 over the number Dec. 31, 1948. There were 92,753 holders of common stock and 23,570 holders of preferred stock as 1949 ended. These figures included 6,378 holders ■of more than one kind of stock.—V. 170, p. 2583. holders $4,890 to 1949 to be $47,* 31, of Dec. as larger volume of business much Jan. on Jenkins, the put total 1949, $8,773 & Dividends that its history and a the 15, corporation E. (E. I.) du Pont de Nemours & Co. (Inc.)—Gain Report¬ ed In Number of Stockholders— of $1,116,333 1,018,247 $1,115,715 87,938 operating income Non-operating inc. (net) value. 170, on on Feb. record the basis owned the new stock amounted a comparable basis. which is carried Baltimore, of Stock directors share per $9,211,322 $16 71 was $92,827 82,589 revenues expenses Net Sept. 1, 1950— The 1393. company in to finance First Bank After 1,549,239 939,507 share 1049—12 Mos.—1948 1949—Month—1948 $91,362 Oper. Government issues in the amount of announced further writing.—V. since This tha and taxes Operating If lower, 1949 liquidating Bach rently May 31,'49 $10,110'002 per p. total assets U. S. Bonding Co. than adequate $2.62 outstanding report and all stocks at market values of the date, with the exception of the stock of the F. & D. affiliate, the Mr. 2,282,153 869,874 Nov. 30,'49 capital 170, 650,000 shs. New York is transfer agent registrar.—V. 170, p. 2225. of Trust Co., & Period End. Nov. 30— A. Bach, showed sheet Dec. American less $25,157,516 $1.03 As at— annual according to the President. Fed¬ mailed to before somewhat 939,507 Spent for expansion Book Bank City Bank Haverhill Gas Light Co.—Earnings- at new high levels, its 1949 operations, from company 1948 970,101 outstanding Earnings per share_______ —V. National The writings in all lines except one this of was balance values $18,420,725 taxes Shares Shares Outstanding 1,000,000 shs, $1 par 474,003. All bonds owned by the company are carried at par, or market Subs.)—Financial Facts Six Months Ended Nov. 30— Working stock, Common of retirement 359. p. Therefore, profit per share 011 1949 as against $4.97 in 1948 on in The to (Incl. Canadian income 171, the was FINANCING) NEW TO EFFECT Authorized 232.521, of which amount $5,763,215 was cash in banks and trust com¬ panies. Bonds and stocks owned by the company are carried 011 its books at $36,168,594. Of these investments, 81.4%, or $29,426,378, are been 1493. Sales after stock.—V. of financial condition Net earnings stockholders the by stock. $7.29 closed was income taxes, par purchase not more than 45.3G6 shares of common stock at $18.96 per share, the company has acquired 44,706 -shares, thus reducing the outstanding common stock from 14o[s66 Shares to 101,160 shares, par $1. See V. 170, p. 2435. Duplan Corp. (GIVING CAPITALIZATION providing for the required Federal income tax reserve of $1,216,000, making various other reserve adjustments and allowing for amortization of premiums on securities purchased for investment pur¬ poses, the net profit was $2,188,057, Following two-for-one split of its $20 par stock early in 1949, and a 25% stock dividend, the company's capital was increased to $3,000,000. consisting of 300,000 shares of $10 proportionate operations The Brockton plant rate. 170, p. recent offer stockholders. their After Duiihill International, inc.—44,706 Shares Tendered— its program. Marion and Co., and Inc.; Lebanon Manufacturing Co., Inc., Trend, Tailored facturing exchange for the assets of Federated's subsidiary were then to be dissolved and Federated approved in bonds which to common Approx¬ four of its wholly-ownccl subsidiaries— Glosgow Manu¬ Manufacturing Co.,—engage in the manu¬ facture and .sale of women's suits. Another wholly-owned subsidiary, Jane Derby, Inc., manufactures and sell women's dresses and suits. BUSINESS—Corporation last subsidiaries stockholders by Frank extended preferred net eral convertible been a the • shoes by September stockholders au¬ to 7,000,000 shares to carry out Some 2,700,000 common shares that Chemical According to Marshall H. Stevens, Executive Vice-President, this com¬ pany will transfer its general offices and retail warehouses from Brock¬ ton. Mass., to the company's new plant at Scranton, Pa. The company has decided to dispose of its Brockton plants and con¬ Pursuant in com¬ represented amount an and exchange has includes convertible on for the Relocates Plant— centrate The authorized the decrease by follows; as to Fidelity & Deposit Co. of Maryland—Earnings Rise— common operative 1.950. all of and the simplification issued proposal this 2023. p. exchange stock declared was leases oil proven in distributed The Douglas Shoe Co.—Exchange Offer Extended preferred which, on explained With net premium <\V. L.) The bidding of purpose capital stock. underwritten. not was redeem the 3,000 shares ol its 5% cumulative preferred stock (par $100) at $105 per share and dividends; approx¬ imately $100,000 to be spent in making leasehold improvements in and generally furnishing new oil ices and selling and designing space which the corporation has recently agreed to lease; and the balance added to working capital. $315,000 Federated, being the largest of the stockholders, is to receive back 2,650,000 shares by virtue of its ownership of the subsidiary stock. Canada. company has the lurgest single interest and will be the the project," the reports state, adding: "The sum has been developing them."—V. 170, prior Western Dome operator of set in be to the common increase companies. voted 25 reduce the officials an to Jan. on to in corporate were Dome Mines, Ltd.—Oil Group Formed— According to and decrease the operated issue PURPOSE—Proceeds to the company will be used Department Stores, Inc.—Decrease in Com¬ stockholders stock mon of one The stockholders. Stock Voted— mon of at company imately Ohio, 011 $1) (par the of Dec. 15 publicly offered 150,000 shares of common $10 per share, viz; 50.C0O shares for the account and 100,000 shares for the account of three selling company stock program new a increase has company into Cincinnati, will now project Cincinnati 23 its addition products The expansion The Jan. on Handmacher-Vasel, Inc. (N. Y. City)—Stock Offered— company building new 3 (463) The recently announced a $10,000,000 modernization and during 1950 for principal plants in the United States, and awarded a contract to The Stone & Webster Engineering Corp., a subsidiary of Stone & "Webster, Inc., to begin work at once on a new $2,500,000 power plant at Beloit, Wis.—V. 170, p. 785. The Utah CHRONICLE FINANCIAL & Fairbanks, Morse & Co.—To Build New Plant— Stock— •See COMMERCIAL THE of Pan- the 4 Federal The has. denied Commission Power company's petition! the rehearing of the FPC o,rder of Oct. 13 which contained several special conditions relating to use of two of the company's trans¬ mission lines to carry electric energy for the United States. The Commission, however, modified the October order by reducing from 30 to 24 months the period of notice required before the company for providing lines that must any reciprocal provide available. The FlfC denied a inclusion In the license of condition that the company's trans¬ with reclamation projects should move or adapt obstructing facilities at its own expense. The FPC's' October 13 order super¬ seded its March, 1948, authorization of a license to Idaho Power for* Its Bliss hydroelectric development on the Snake River, in Idaho and brought under the license two 138-kilovolt transmission lines •which previously had not been included. The lines lead from the project to Boise, and American Falls, and cross sever"! ir*of public lands. The company's petition for rehearing asked FPC to <lel6.te from the order the entire Section relating to the carrying ox for mission but electric if struction.—V.- 171, cates Texas; ' EARNINGS FOR NOVEMBER AND FIRST 11 Railway cper. Railway oper. expenses Railway tax accruals-,. Eqp. & joint fac. rents MONTHS purchase has Hansford County. $177,008 $1,698,659 6,671 58,931 51,128 $227,717 $183,679 $1,757,590 $769,132 5,832 12,062 33,799 42,998 56,506 income deducts, Misc. fixed Total 48,333 579,713 charges SEC Custodian certificates, certificates, series 171, /Boston.—V. 170, have been called for redemption on Payment will be made at the Union land, Baltimore, Md.—V. $300,000 10-year sinking fund debenture, series A, due 1, 1959, has been placed privately through Eastman, announced on Jan. 17. was these funds not later than March of construction program, mid-year. Kansas Gas & Electric Co.—New issue en and of shares 200,000 rights and to notice at voting days' 30 upon holders the of ments.—V. end $6 paid on about or April 1950 on the ' Quarterly plan The exchange of Operating costs oper. $1,031,799 $13,182,920 $12,656,376 125,533 2,715,815 1,934,774 194,752 82,134 $0.28 $0.14 2,195,031 $3.14 1,413,991 $2.36 for after taxes and applic. to de¬ pfd. Earnings per 171, p. divs, period. com. share the 361. • at competitive bidding. 309,345 advances tAfter carry-back stock common company Co. (Los Angeles, interest in Calif.)—Dissolu¬ on Nov. 18, approved dissolution company.—V. 159, p. 449. stockholders, Morehouse-Martens Realty Co. and complete (Columbus)—Property Bank, National Ohi6.—V. 112, 2246. p. Co.—Registers With SEC— Metropolitan Edison the Jan. 20 filed a registration statement with SEC covering $7,000,000 first mortgage bonds, due 1980, and 30,000 shares of cumulative preferred slock ($100 par). The 011 company sale at with a company'3 construction previously reported, these securities would be offered for bidding and the proceeds of the sale, together cash capital contribution to, be made by the parent. General Public Utilities Corp, would be used for As Co., N. $4,000,000 Y.—Liquidating Dividend— mortgages and mortgage respect to which claims adidtior.s betterments or to reimburse the company's treasury expenditures.— V. 171, p. 105. and capital past Mexican Light & Power (In in Period End, Sept. Gross not 30— - and oper._ earns Oper. *Int. For 1,361,446 13,245,804 14,620,942 $15,180 $34,683 $1,069,511 $1,021,309 171,000 185,000 1,589,000 1,665,000 Cb. $155,820 $150,317 $519,489 $643,691 ^Monthly accrual for annual Interest and-sinking fund charges on bonds and debenture stock (including'those payment of which is. dependent upon available Income, but not including arrears thereof). NOTE—The above figures have been approximated as closely, as possible, but are subject to final adjustment when the annual accounts ; paii.v." ' made are The dollar .the . . . Holders Light bonds Inc.—Registers With SEC— filed a registration statement with the of capital stock. Underwriter is Lewis Jan. on 145.000 covering 23 shares Management Co., Inc., N. Y.—V. Lone Star The company Jan. on 28 filed a Tex.—Registers With SEC registration statement with the ($1 par).- covering:592,185 shares of common stock The stock is to be offered for subscription SEC share per now on held. ' by stockholders at $4 the basis of two additional shares for each underwriting group headed by Straus & An & Son will purchase unsubscribed shares. five shares Blosser and The under¬ for the entire number of shares plus the additional sum of 50c per the underwriters after the expira¬ tion of the stockholders' prior subscription rights—but in the event the number of shares purchased by stockholders shall exceed 150.000, such additional sum of 50c per share shall be paid by the company to, the undei writers for each share in excess of 150,000, sold to stockholders. If the present stockholders do not purchase at least 125,000 shares, the underwriters may, at any time prior to the closing date, terminate their obligation to purchase the shares. Proceeds are to be used by the company for the construction of cast iron pressure pipe foundries at an estimated cost of $1,250,000. The remainder of such proceeds will be used to apply on the discharge will for share of receive sale for each current by 10c the per share company, share purchased by indebtedness.—V. 170, p. 2585. Co., from compared with . 1st Approved— mtge. arrangement to be submitted to security holders of of Pachuoa Light & Power Co. The extension coupons due Jan. 1 and Feb. 1.—V. 171, p. and interest effect both does 361. Reoffered—The underwriting group headed by Union Securities Corp. and Equitable Securities Corp. which on Jan. 18 offered to the public 640,000 shares of common stock of Middle South Utilities, Inc. (later withdrawn) placed on the market on Jan. 26 the shares remaining unsold under the original offering. The revised offering price for the re¬ maining stock was $18.75 a share. It was said the reoffering constituted about two-thirds of the original Middle 170, p. 2584. Steel Co., Dallas, been made at monthly average ;" rates. for September, 1949, was 8.32 pesos t» 6.89 pesos to the dollar in September,, have rate exchange 5s of this company and of Mexican Electric Ltd., have agreed to an extension of the. maturity of the Feb. 1 to July 1, 1950, to permit time for submission of of a plan of companies Lewis Fund, corporation The •SEC as 1948. the com- not ■ conversions average Bond Extension the existing officers of ' ' The construction of the new Lever House building at 53rd and Park Avenue, New York, N. Y., the final design of which has been com¬ pleted, will- start in the early spring.—V. 170, p. 1397. " (John H.) up. Exchange the filling of Mr. Luckman's ' contemplated in are. skg. id. chgs. deficit Net an changes "No and Subs.)—Earnings currency) 1949—Month—1948 1949—9 Mos.—1948 $1,487,151 $1,396,129 $14,315,315 $15,642,251 income— oper. Co., Ltd. (& Canadian for 1,471,971 incl. deprec. exp„ Net ;... said: V., N. writers 238,151 stock providing for $680,237 loss on investment in and owned subsidiary, Victor Electric Products, Inc. for the Victor write-off and Federal income tax Columbus, successor trustee of land trust cer¬ tificates, on Oct. 28, advised holders that Morehouse-MaUens Co., lessee of the company's property, exercised an option'to purchase title to the leased premises.. Certificates have been called for payment at $1,056.37as to each l/1250th share or interest on presentation of certificate, with letter of transmittal, to trustee, 51 North High St., Columbus 16, President because offered 1949—12 Mos.—1948 ducting costs of oper., —V. Brothers : EARNINGS incl, avail, income com. OF after deduct, of taxes Net STATEMENT $1,090,377 revenues Wet income 1% Dallas "Rupe 1949—Month—1948 $2,899,577 320,892 etc.__ disposed of its Oct. 3, 1949.—V. 170, p. 1498. on Ohio interim period the executive responsibility . will be,, placed in the hands of three directors of Unilever: Arthur Hartog, J. L. Heyworth, and F. D. Morrell, v/ho are being loaned to Lever- purposes.-' COMPARATIVE interest, Sold—Distribution— Registers With 2584. p. will position,- *• Period End. Nov. 30— for public sale arrangements have been made for "No has entered into an by Kidder, Peabody & corporate 1949 ' The making as Unilever, company for! other be offered expenses, liquidation of this Brothers Co.—Luckman Resigns as President— was made Jan. 19 by Charles Luckman of his resigof a disagreement as to the future policy* the Company. Sir Geoffrey Heyworth, Chairman of Lever Brothers Unilever, Ltd., and Paul Rykens, Chairman of Lever Brothers & ■'& 7, 1950 and expires at 3 p.m. (CST), First National Bank in Wichita has been named underwriting agreement with a erqup," h,eaded Co. and Merrill Lynch, Pierce; Fenner & Beane for the solicitation of exchanges and for the purchase of 5,650 shares of the new 4 Vp. (7 preferred stock which the company will receive in exchange for reacquired shares of the old preferred stock now held in its treasury, plus a number of shares equal to the number of shares of the old preferred stock not exchanged under the exchange offer. The underwriters will offer these shares to the public at $110 per share plus accumulated dividends shortly after March 1, 1950. Funds received from such sale will be used by the company in connection with the redemption and. exchange offer and The 30, tion— Lever nation offer begins Feb. 1950. The exchange agent. 28, Sub.)—Earnings— SEPT. ENDED YEAR May fair Investment Announcement ' of preferred stock for redemption Feb. Corp. (& Consol. FOR • annum. per the — wholly Victor cash on above mentioned claims. distribution of such dividend the Superintendent of give effect to assignments or transfers of such : mortgages, mortgage certificates or claims made since Dec: 1, 1947, unless due notice in writing of such assignments, or transfers shall (have been received by the Superintendent of Insurance at the office of the Liquidation Bureau, 160 Broadway, New York 7, N. Y., on or before Jan. 16, 1950.—V. 160, p. 1864, new issue exchange becomes effective, all shares of the old which are not deposited for exchange will be called on April 1, 1950 at $115 per share for preferred stock (7(71, and $110 per share, for $6 preferred slock. Full quarterly dividends will be paid to such stockholders 011 or about April 1, 1950. If 4,996,005 -t—1—— NOTE—The company of in That Insurance or $1.75 and $1.50 per share on the $6 1, 170, the dividend ' of 4Vac/e preferred, stock. Thus each stockholder who exchanges shares of preferred stock (7%) and $6 preferred stock will receive full -quarterly dividends up to April 1, 1950 at the present rates of 7% be after loss refund. have been allowed) who have assented to the -plan of reorganization, hwe been advised: That the Superintendent of Insurance proposes to distribute to assenting creditors on or about March 20, 1950, a further liquidating stock, payable 011 April 1, 1950 to holders of record on Feb. 28, 19,50. Stockholders Who deposit their shares of old preferred ctock for exchange will be paid on or before April 1, 1950 the full emount of dividends due on deposited shares, less the amount of the to Co. published notice dated Jan. 5, holders of guaranteed by the company (with a against preferred dividend of to are 1- — provision is certificates present (!',< ) In - a the preferred stock on the ECA program in will be supervised by this filed a registration statement mortgage bonds, series C, due common stock ($20 par). Lawyers Mortgage preferred stock share which concern shares 284,013 172,533 172,533 6>08f>,821 * 6,119,315 —_ ——J" competitive thqir shares for exchange a cash adjustment of $5 pec share. dividends were also declared for the first quarter of 1950 per to supplied by amendment. Robert W. Baird principal underwriter of the stock issue, Net proceeds of the financing are to be applied to pay or reimburse the company, in part, for the cost of property additions and better¬ 4)4% Preferred Stock will company sales TNet was ,• bonds 1947 495. p. EARNINGS , 40.000 _______ (W. L.) Maxson underwriting terms are to be & Co., Inc., is named as the „ 1950."—V. 170, p. 2584. offer to the holders of its preferred stock (7 %) the privilege of exchanging their stock, share tor share, contingent upon the exchange offer becoming effective and will pay to the holders of the preferred stock (7%j upon deposit of The «nd $6 170, 30 1948 oife additional preferred stocks. The company now has outstanding' 82,011 shares of preferred Stock, consisting of "66,500" shares .of preferred stock (7 ft) and 15,511 shares of $6 preferred stock." the surplus —V. Jan. 1, 1980, The be callaole by the company at any time price of $112.50 per share for the first year which price reduces to $110 per share after March .1, 1953; A total of 82,011 shares of the 4 Vx '/* preferred stock- weie authorized to be issued at this time and an offer of exchange will be made.to full — Earned The" stock is to be offered for subscription by holders of outstanding common stock of record on Feb. 9, 1950, at the rate of share for each four shares then held. The stock subscription price and directors on Jan. 24 voted tn authorize of 4 Va % preferred stock, par $100, with the assets liabilities surplus with, the SEC and In Decem¬ in 1949. securities-— Govt, NOV. $678,093 451,800 $1.50 $12,247,558 $12,829,768 $12,413,350 2,888.141 3,082.831 3,639,491 188,000 188,000 188,000 2.876.341 3,4.91,550 2,842,445 9.983,748 10,456,439 9,675,593 2.891,027 3,299,768 3,182,420 __ s Current under work construction company on ITEMS SHEET BALANCE Inventories the in Jan. 23 The Approved—Exchange Offer Underwritten— stockholders With SEC covering-$2,000,000 of first - The U. $50,000,000 Program •SEC— annual report, stated: ber, temporary bank loans of $4,822,500 were negotiated.- As a part ofthe holding company liquidation plan, The United Light & Railways Do. will invest $5,000,000 in common stock of the company. We expect to receive Cash ^Before Superior District Power Lake Light Co.—Financing- major financing by the company no share_— per 1949 1803. p. Nov. Kansas City Power & $0.95 shares assets Total signed a contract with E.K.I., controlled by the government banking organization, E.T.I. The contract covers- supervision of construction of a harbor, improving of mining properties including construction of coal washeries, and construction of certain railroad facilities. Koppers also will inspect the equipment for the projects -which' will be procured in the United States and in Europe.—V. 170, Placed Privately— Harry B. Munsell, President, on Jan. 20. in the "In order to carry forward the company's heavy -additional public financing will be necessary by $428,418 451,800 $0.26 — ._ SELECTED Net Inc.—To Supervise and mining Turkish Dillon & Co., it was "There Earnings by Joseph Becker, Engineering and Construction division. Mc. Becker said that Koppers has 1953 (extended from Feb. 1, next, at 100 Trust Co. of Mary¬ 170, p. 787. Jackson & Church Co.—Debenture A Net' profit Number capital announced on Jan. 24 Vice-President and General Manager of Koppers Redemption— collateral 6% bonds due Dec. l, of $7,500 1, 1948) and interest. 451,800 provision— tax Federal ______ 1947 $4,158,946 1,083,093 405,000 1948 $3,907,344 677,353 248,935 $119,208 taxes__ S-3. Turkey, to cost approximately $50,000,000, corporation during the next four years, it City-Ohio River Corp.—Partial Iron A total Dec. 1949 —. before Profit $2,560,602 191,908 72,700 30— sales Net 193. p. Co., Engineering 2437. p. (& Subs.)—Earnings— Martin-Parry Corp. Three Mos. End. Nov. Under EC A— In Turkey $230,782 $1,144,073 $123,284 $165,379 charges share ^Profit Koppers ' —V. This series B-l; 45,000 certificates, series B-2; K-2; 275,000 certificates, series S-2; and Underwriter is The Keystone Co. of Fund, series 150,000 Keystone fxd. after income Net year corporation's 495,352 inc. from the Current filed a registration statement with 30,000 certificates of participation corporation on Jan. 23 covering the following: 125,000 Total County. ("Tulsa Funds, Inc.—Registers Keystone Custodian The $718,004 4,916 Other income net profits of this corporation and its subsidiaries ended Dec. 31, 1949, were $2,086.55.9, of which the share, after deducting minority interests, was $2,047,035. is at the rate of $5,06 per share, compared with $5.71 per in 1948.^—V. 170, p. 692. Consolidated for Capital - $222,801 term, has been the Price Ranch commercial lease, bearing ten-year A negotiated by Phillips 011 28,000 acres of which is situated in the southwest portion of Roberts World").—V. 171, p. 104. successfully $2,076,454 $20,813,146 $21,663,635 1,600,245 15,828,223 17,307,890 96,643 1,334,359 1,033,949 202,558 1,951,905 2,603,792 $1,659,382 1,141,327 195,709 99,545 revenues Bancorporation—Earnings— Marine Industries, Inc.—New Unit— McGee.and Dean Terrel, of this Gas Co. to handle major drilling replacement under the 100-wells contract. Phillips Petroleum con¬ in the Texas Panhandle. A 1,900-acre been made in Sections 21, 29, 32, and 33 of Block 3 G. H. & H. Survey, 1949—12 Mos.—1948 1949—Month—1948 Jan. on by payment of a acreage. tinues acquisitions Period End. Nov. 30— directors $1,500,000 as 1 • Casualty Insurance Co.—Stock Div.— 5 voted to increase the capital from $1,000,000 50% stock dividend.—V. 159, p. 2085. Manufacturers The to A. Dean 171, 361. p. corporation, have organized Tascosa campaign in the Panhandle territory. The new firm is due to drill 100 gas wells on 100 sections of land under lease to Phillips Petroleum in Sherman and Hansford Counties, .Tex., and Texas County, Okla. Production from the projected gas wells is to be sold by Tascosa to Phillips Petroleum and will be dedi¬ cated to Wisconsin-Michigan gas line. Sixty of the 100 wells are to be completed in 1950. The additional 40 wells are to be drilled during the •first six months of 1951. Tascosa is to have use of six Phillips rigs in 1950 and four rigs during the first six months of 1951. Provisions concerning productivity of the projected gas wells are of -interest. Under terms of the agreement, Tascosa may plug and abandon any, operation, that does not produce more than 200,000 cu. ft. of gas and will be awarded another section of land in the general area as re-placement. It is also provided that any well producing less than 2,500,000 cu. ft. per day may be assigned to Phillips and actual cost of drilling will be paid to Tascosa by Phillips and another tract selected 7 2)4% equipment trust certificates of 1950 at prices to yield 1.40% to 2.65%, according to maturity, subject to the approval of the Interstate Commerce Commission. The certificates are to mature $120,000 annually each Feb. 15, 1951 to 1965, inclusive, and were offered under the Philadelphia Plan. The group was awarded the issue on Jan. 25 on a bid of 99.069. Other bidders were: Halsey, Stuart & Co. Inc., 99.025 for a 2>/4% coupon;, and bids for a 2%% coupon were: Salomon Bros. & Hutzler, 99.726; Harriman, Ripley & Co. Inc. and Lehman Brothers (jointly), 99.4993; Harris, Hall & Co. (Inc.), 99.324; and Lee Higginson Corp., _ Gas undeveloped the expansion of its plant facilities.—V. the utility for by 'financing approximately 42,000 developed acres and 8,000 acres of gas leases in the Hugoton Field, Kansas, and production with minor exceptions, to Kansas-Nebraska Co., Inc., under a contract which provides for drilling Kerr-McGee Oil - of 3%7). 20-year bonds to Northwestern Mutual Life Insurance Co., at 100.34. The proceeds will be used to refund a similar amount of 4'/4s, due 1963.' , > •. The company said. this, refunding is preliminary to "new money" . Natural of arranged with The Mutual Life First National Bank in Houston, P. U. Commission Maine $1,500,000 sell owns .undeveloped sells its full 170, p.' 2584. purchase was New York and of ■ Fin-Ker of 99.1166, have Service Co.—To Place Bonds Privately—• on Jan. 23 authorized the company to Maine Public The 24 that this company and Deerfield; acquired The Fin-Ker Oil & Gas Produc¬ Jan. the of Co. /Insurance publicly offered $1,800,000 Corp. on Jan. 26 & Hanseatic Financing Ar¬ Co. Financing — Mahoning Investment Co.—Consolidation Approved— Rochester & Pittsburgh Coal Co. below.—V. 155, p. 1839.. Properties— 011 Co. Production tion Equipment Trust Certifi¬ Offered—Kidder, Peabody & Co., and New York Belt RR. Harbor Indiana announced was Gas interfere United States.—V. the for It taxes.— 1804. p. See Production Co.—Private Gas Kearney 170, Jan. 30, 1950, $24,353,000 and to pay for new con¬ $191,373 $49,730 $267,059 provision for estimated Federal income and charges 1949:—6 Mos.—1948 1949—3 Mos.—1948 $300,859 profit -After 193. p. ranged to Acquire licensee the necessary energy .first- a not should facilities that proceeds are to be used to redeem on mortgage bonds, 3 '/a 17, series due 1969, The and by Power's accommodations if it has the capacity request by the Secretary of the Interior placed pri¬ Corp.—Earnings— Square Garden Madison Period End. Nov. 30— «Net V. vately. capacity in use by the United States, agency of the United States using Idaho line .repossess due 1984, have been -bonds, 2%% series gage - • may announced that an issue is It Co.—Bonds Placed Privately— of $32,500,000 first mort- & Light Kansas Power Denied— Idaho Power Co.—Plea 1950 Monday, January 30, FINANCIAL CHRONICLE & COMMERCIAL THE (464) South Utilities, Inc. See also V. 171, p. issue. Additional Investments — Stock 361. in Units Authorized— it was announced on Jan. 24, has issued orders author¬ corporation to make the following, additional common stock in the named subsidiaries: Arkansas Power & Light Co.—• $4,000,000 investment, through purchase of 320.000 additional shares of common stock, $12.50 par; Louisiana Power & Light Co.—$4,500,000 investment, through purchase, of 1,100,000 additional shares of com¬ mon stock, no par; and Mississippi Power & Light Co.—$3,500,000 investment, through purchase of 450,000 additional shares of common stock, no par. The subsidiaries would use the funds for construction additions and betterments.—V. 1,71, p. 361. The SEC, izing this investments i'lV ' Volume THE Number 4877 171 COMMERCIAL & FINANCIAL CHRONICLE (465) Midland Valley RR.—No Interest on Income The New England Bonds— of this company on Jan. 23 stated that the net of the company for the year 1949 were insufficient to pro¬ vide any payment in 1950 on the adjustment income mortgage series A management Counsel , stock earnings and series L* bonds.—V. Minnesota to Mining of total A Sold Co.—Stock the invested has been special a designed plan its em¬ in Buetow, that revealed participate the in or offered company the p. New A on B," for his apply during three The load any • 33,948 shares- at offering, have units General motive the $71 first, at Electro clasecl was 171, 31.—V. Dec. of the of of this Acquisition the will $11,269,700. Works Locomotive in the 47 the of units which order, placed ever build 11 of entire largest the is of is power of lot these 77 Works Locomotive expected units 77 is to River Lines will and and to Kansas $69,862 and diesel well as the increase as according to P. $106 cash net underwriters they did Jan. effect not the solicited Chief to they Co.—Stock Line Sold— subscription the to will the of be in the in except further addition and agent letter the brokers as common advised the pursuant to Bank of New has been York appointed as registrart for $6,5UC,000 first June'l, 1970.—See V. 171, shares $2 ot by share less with stock common jointly per filed was the the Orders for first Motorola quarter of first-quarter of received from this firm Mr. sales the of is from added- two announced feet line for J. a allowed SEC Jan. on be to 13 cover- offered Holding 170, Co. Ry. from Nickel P. the W. & Penn- would Plate. Va., to shifts that placed Jan. that the oi Unexchanged — to and commission representatives, expiration of to intended are foregoing & E Coffin to be and underwriters held will in an R. 171, of $100 27, 5% par at 1950, stock share have plus Clement Inc. accrued facilities the television same based arc 1950. facilities each shift which system capacity by Kansas 130,000,000 of - of 1, $40,000,000 shares eight shares The from finance to proposes now balance to project 20-year through 2%% stock the sale debentures the on basis the be obtained complete either retained or company the to (The) from project by Henry J. be are in Saturday. A. used to of remodel filed 20 letter a stock common of at notification $100 with the SEC refinery at No underwriting involved. per share, Calif., and build Hope a western Nebraska, producing well taneously, the paign. in The No. V. 1 newest The field new near disclosed Nebraska was The that its Sidney plans for come producer has new a in. Simul¬ is the near "Post") Mountain Net in income States Telephone & Telegraph Co.—Expen¬ Expansion in 1950 to Equal 1949— increased slightly in 1949 $5,702,515 to $5,698,911 from 1948. F. . P. from Ogden, President, added that earnings dropped to $6.55 $8.30 in 1948 because stock new issued was the company spent $32,000,000 in expansion in 1949 this year.—V. 171, p. 105. outlay last (John) Oster Manufacturing Co.—Note Placed Private¬ ly—A $600,000 sinking fund promissory note due Dec. 1, 1964, has been placed privately through Eastman, Dilion & Co., was announced on Jan. 24. Pacific said The similar a Ludlum Steel Corp. shares and above.—V. 170, Tire 2132. p. National Rys. of Mexico—Withdrawal Period Extended On Jan. the holders ways The assented operative The to with Mexico Pan the American offer. Trust Co., New York, fiscal announced that as of Dec. 7, of eligible with' during because extended However, bonds of the Mexican agent lower a which of bonds creiain from Jan. 18 percentage than deposited modifications to Feb. 21, 55%. under to The company New stock' ($20 New of a par) England $3,500,000 The has the terms 1950.—V. of 170, p. plan may plan be has Power of hearing.—V. per Co. would short-term Commission 170, has p. SEC authority to issue and sell to its System, 140,000 shares of its common share, or $3,500,000. Electric at $25 notes apply now the proceeds 2132. to until Feb. to of subscribe, additional share for 158,750 to increase 317,500 the record during 23, 1949 period from the shares of share each Nov. held. common stock, Unsubscribed recently 12 at to par, the payment to request & on were Co i,50O Stone & Corp the to basis the 30, to of be 29,000 Youngberg—__ Incorporated 9 OOO Henry F. Swift & C'Q.—_, Swiss American Corp._! 4,000 Co.— <fe 1,000 2,500 Spencer 7,000 8,000 Walston Hoffman Weeden & 1,000 C. Whiting, 3,500 & & & Co & 2,000 Co— 29,000 Weeks & Stubbs 4,000 Johnson & Higgins 2,000 Wood, Struthers & Co Woodard-Elwood 1,500 Wulff, Yarnall Hansen & & & 42,000 10,000 Co. 1,500 Co 4,600- Co.., 2,000 42,000 (GIVING EFFECT TO PRESENT Light & Power Coip. unifying FINANCING) Outstanding ' $ and ... Pacific Gas & Electric Co., 1st & refund, mtge. Series I 3V»% bonds due June 1, 1966 Series J 3% bonds clue Dec. 1, 1970 offered 5,pOO ... Witter & Co... 2,000 16,000 .... Dean 29,000 2,000 19,000 4,250 Co 5,000 7,000 Co. Co Weld Wilson, 1,500 7,000 29,000 17,5W White N. White, 1,000 Co - Co & 4,000 Co 10,000 & Lerchen Wertheim Co 2,000 Co Goodwin Watling, 4,000 Space & Anthony & Co— 2,000 James. Co & Trask Tucker, 15,000 Co.— 3,000 Union Securities Corp... Wagenseller & Durst, Inc. G. H. Walker & Co Co & 3,500 4,00ft Sut.ro 2,000 Son„_ Stroud & Co. 8,000 Weeks Knowlton 2,000 Stone & Webster mortgage "'150,000,000 30-year 6% gold bonds, series B of 1952, due March 1, 1952 (assumed by the company). and Series K 3% bonds due June 1, 3% bonds 7,695,500 600,000.000 927,000 18,669,000 1971 23,839,000 Series Last May, the 1, 1974 M 3% bends due Dec. 1, N 3% bends due Dec. 1, 1979 1977 Series Blyth & Co., Inc., headed a nationwide group of approxi¬ mately 200 investment bankers which on Jan. 25 offered to the public 1,500,000 shares of 4.80% redeemable pre¬ L Series employees. Pacific Gas & Electric Co.—Preferred Stock Offered— O 3% bends due Dec. 1, 1975 11.800,000 1, 1981 24,583,000 Series P 2:%% Series due June bonds due June 27%% Q bonds due Dec. preferred stock, cumulative syndicate publicly offered 1,500,000 shares of pre¬ stock of this utility, which then represented one of the largest preferred stock offerings to originate in 5% redeemable 1st 5% redeemable 1st preferred same 6%" 1st 5V2 % redemption price $28.75 per per share $27.75 1965; stock to 5% American public utilities field. The is per and if si share will are $27.25 finance be in if redeemed if the 4.80% per share net if redeemable before or and on thereafter redeemed proceeds toward the on thereafter redeemed applied part of redeemed from payment company's and first Jan. preferred 31, before or on 1955; Jan. Defore or 31, 1960; Jan. of sale of short-term construction new bank program preferred loans'and which it is 1st "No & the 78,500,000 48.182,000 1980 71,284,000 $25) ' — stock; preferred preferred redeemable (par 73,000,000 78,645,000 4,211,662 stock 1,173,163 stock additional stock Power Corp. thereunder JThe to be in be issued of of outstanding 1,000,000 $1,500,000 1,500,000 under unifying lieu amount may if 2,115,175 12,000,0U(J the and refunding mortgage outstanding bonds. 5%' redeemable employees 400,000 1,000,000 1,600,000 stock, series A 1st preferred stock... bonds 4,211,603 1,173,163 400,000 ; preferred Redeemable 1st pfd. stock (unclass. in series) Common stock (par value $25 per share) 31, thereafter. the preferred 1st 4.80% stock $28.25 1, 109,598,000 ' Series R 3Ve% bonds due June 1, 1982.. Series S 3% bonds due June 1, 1983_i 1st ferred PURPOSE—The 8 Stix 2,000 2,000 Co....... San Joaquin were given Dec. 2^000 Co $ - shares 5 00O & Authorized F. J. Herb is President Dec. 2,500 2,000 & Frank & Meyer— Stewart, Scanlon & Co— 16,000 refunding were Co Boyce__— Brothers authorized There 3,000 15,000 Leydecker Securities Co._ & 1500 — Co Co. 8,000 — & & 15,000 2,500 42,000 Stern, Inc.—Rights shares. 10,000 Series officers to outstanding. given interested persons from Bros. Stephenson, Stern the the 2333. requested England $2) ferred stock (par $25) at $27.25 per share. New England Power Co.—Stock to Parent— parent, voted .to 4,000 : 2,000 & Loeb 1.250 Co. & Staats Starkweather & Kuhn, R. Stein Co., Co— 2,000 ■ 1,500 Co 19^000 Co. Shaughnessy & 2,000 1,000 Kidder Frank 1949, the M. & William & & C. Co. 2,500 & & 4,000 Scranton Barney & Co Smith, Moore & Co F. S. Smithers & Co 16.000 Kidder, Peabody & Co, Kirkpatrick-Pettis Co. then stockholders 150,000 one Rail-- agreement may be declaredthe International Committee of Bankers of concurrence (1946) period withdrawn been the Government, approximately 44% had assented to the Government's railway debt adjustment offer., plan will be declared operative when 55% of the eligible bonds have on 10, Mexican of 1949 outstanding. company is located at Bellingbam, Wash. V. A. Huges, Secretary-Treasurer. right for (par 5, The National Lead Co.—New Affiliate— Allegheny Oct. on stock common 157,257 See Coast Paper Mills of Washington, stockholders Co. ; CAPITALIZATION share a He year. and plans Frank & Co—i__ Smith, 1,500 Kalman & Co., Inc.__ Kebbon, McCormick & Co. — A. ditures for & & & W. & Shuman, Agnew & Co— Singer, Deane & Scribner Hutton Kaiser Caywood (Denver 2132. p. 1,000 29,000 Co., Johnston, Lemon & Co... Jones, Coggrove & Co drilling cam¬ Caywood No. 2 been brought 7 000 29,000 Co._— & Lane, Inc. has 4,000 & & 1,000 Co Johnson. gas Ohio's Bros. 1,000 Fay D. Oo.j. Hutzler Rothschild Shearson, Hammill Shields & Co 2,000 Co.. William seventh F. Chas. 1,000 Co Co Illinois 5,000 Schwabacher Hutton E. 3.&0O ,1. Co. Schoellkopf, Hutton Pomeroy, Inc. 1,000 Sandman. &' & F. W. announced company company said, on Jan. 13, it of oil recovery. The well is ruined earlier by salt water. feet 645 which 170, the company Gurley. with in the 000 42,000 Talbot & Kornblower E. Ohio Oil Co.—7th Well in New Fieldin L. 19,000 Collins— Hooker the proceeds Bakersfield, oil 8 000 1,000 Co 1,50ft Co 2,000 Co. Corp.__ & & & & Salomon Co Hilliard & & Humphrey Co. Co., & Co. Alcantara Riter 4,000 Hogle & Co— Holt & Garner The Robinson- 7,000 <fc Herrman B. & Richey, Baikie & 2,000 Friedman— Richards J. 5,000 2,000 Stone Holmes Jan. Reynolds 8,000 7i00O 2,000 1,000 10,000 Ripley Parsons 31.— Co._I Inc. Hemphill, Noyes, Graham, Files With — 2,000. ___—42,000 Harris, Hall & Co. (Inc.) 8,000 Hayden, Miller & Co 4,000 J. Norwalk Co., Los Angeles, Calif. on 4,000 & 1,500 1,500 .. Raggio, Reed & Co Rauscher, Pierce Reinholdt Evans 2,500 __ Inc 42,000 Forgan Hayden. Co., Inc.__ Corp. 1,500 . & W. Pressprich & Putnam & Co 1,500 1.000 Co., Inc. Inc Baerwald.... R. 1.000 Co. & Jaffray Hopwood & Co— 15,000 ... Prescott, Hawley, Shepard Inc. working, Dec. 7,000 Marshall— Harriman construction next Piper, 2,500 & Curtis Christensen, Pi'lueger _ & Peters, Writer & 7.000 _ Boston Hannaford at one Hill company 1,000 3,000 Webber, Jackson 10,000 Granbery. Maiache Wesley Hall & Co. Hallgarten & Co SEC— The Co... Co.—. Goldman, Sachs 2228. p. & 5,000 Northwest Co. Dominick— H. 2,000 — ■ 1.500 Southwest Glore, .2.000 Securities, 1,500 Cleveland Maxfield Co Coast — Co & Ohio Paine, Corp. Michigan Corp— of First earnings. commence Co. 1,000 Richards Foster and of The Pacific 1,000 ..._ California First .its cubic outstanding, to supply from $9,060,000 accruals directed and the in 1,()00 500 2,000 _ Pacific Chapman First C. 7,000 ! First The cubic feet. common would depieciation 1950, of Co. Co Clark & Co Field. to company the expand of this & & duPont & Co— & First Financing— authorized will north of 600,000,000 304,500 of Commission 170, near of has Cook _1 Fewel 1,500 2,000 Co Pacific Co. of California— & A. 3,000 Co. Newsome Eastman, Dillon & Co.— 29,000 Ehvorthy & Co.._._j—19,000 been 42,000 S. 2,000 Securities Eslabrook & Co per 2,000 Stanley & Co Moseley & Co Mullaney, Wells & Co... Morgan. Newhard, Co Francis I. 15,000 Lynch J. Co & & & 2,000 Dickson & Drexel Leonard Co... Co..— Eouitable preferred $106 S. 2,000 4,250 & and Merle-Smith Dominick Co Co Tully Needham Co.— Dillon, Read 195, p. & 29 00ft Maynard H. Murch & Crouter & Bodine Dick Moore, Townsend, & Milwaukee Mitchum, 1,000 Beane— 1,500 Skaggs &'Co Day & Co.__; Denault. May & Co.— Lynch, Pierce 7,000 Mejia. & 2'ooo Co Dempsey-Tegeler (including any . of the per share, out of which a may be reallowed to other $1 V. Dain & L. The F. Co.. DeHaven _ Earie Fenner & 19,000 Co—. Davis, _ Co & & R. Merrill _ & & & & Masten 1,500 Crowell, Weedon Curtiss. House & ac¬ own Co Corp... Inc._2_,_„ Bruce Davie,s Brothers E. J. 3,000 Clarke Collins M. A. Merrill, Turben & Co Coolev J. 7!ooo Co., Co._ Burr, 4,000 5 000 1,000 & Co Laurence M. Marks & Co. Co. Courts for the & Inc Co, Mason 1,500 Co Conrad, ad¬ & 1,500 & & W. & Julien exchange 3,000 3,500 McDonald 10,000 & Cohu 30,000 2.000 Inc Dodge Co. & —2,000 Co.; 1,000 Republic Clark 8,000 McAndrew Whiteside, Warren W. 1,000 CO Loeb, Rhoades & 3,000 Co Slocumb Clark, & M. Co— Irving Lundborg & Co 10,000 Simmons & Sears, 2J)0O 29,00o & 8,000 Inc. Sons Richard dealers shave per & and Brown Chace, 5'ooo 16 000 Co 8,000 Co (Inc.) will have the transactions, the exceeding Commission total a bidding sale or & & Central 29 00ft 7,000 Co.__ Bradford Brush, for company for figures quarter additional an their Prior stock, offer Feb. transmission company May V. dollar every the 194.9, these first Motorola For distributors to sales plus Co. discounts selected 25c shares pipeline pipe line. distributors by 26. months explained all day a the not See Power $10,657,500. to 2585. p. (li C. Alex Minnesota. capital & Bosworth, Sullivan 74% or Ellis Co.—.. 6,000 Stearns Boettcher Preferred Stock— share for each - 1,000 Co Becker &; Co. Inc... Blunt receive Pennroad program, which the company expects to complete October, 1950, includes approximately 597 miles of 20 and 26-hlch pipe, and installation of 35,200 horsepower in compressor capacity. Estimated overall cost of the project is $51,840,000. The new pipeline looping will be built in Texas, Oklahoma, Kansas, Nebraska,-Iowa and 109. p. Carl & Co._„_._ & 000 5,000 Brothers Lester 6,000 Rollins & Co. William Blair & Co in com¬ Broadway 2,000 Harden. KrauS— 2 ld'ooo Corp.. O'Connor & & Blair. a Leib, Weeks Burge Legg Lehman 4,250 G C. Co Inc, Service through to exceeding day the Co., & & Lee Higginson & Barth A. construction The & Freres Irving Watts Bear, is being preferred shares redemption gas per Baird Bateman, Eichler 7. p. underwriting ai'ter brokers. Federal The price.—-V. cm for John Ball, of 4I.4% cumulative preferred stock which publicly at an initial offering price of $101.20 accrued dividends, in connection with which a con¬ outstanding The 31i> times the dollar volume H. Stellner, Vice-President in three advance Stellner 3,000 Davidson W. Far well, than Walter distributors & Fahey. by 6. and receivers first Lee Inc. share. discussing Pcnnroad by stock unexchanged be not competitive trustee, maiket the more 1949, the Mr. from Stellner 170, in in $3.86 year. orders operation —V. sales total merchandising," received period television i960 H. 2,000 Baker, Baker, cifer plus construct un¬ pipe mortgage p. $10i, (par company than (2i covering 2,925 shares on Virginia share, which shares per the and The company Motorola, Inc.—Television Sales Up Over 350%— Pas of 1 per stock company Northern Natural Gas Co.—Plans New the net cash proceeds above set forth,' realize a gross profit (before expenses) underwriting commissions above set foith. the notification employees price charge $68 Lazard 2,500 Co,— follows: as Meeds... Langley & Co.— Lawson, Levy &r Williams Co,^(— & are Bissell & C. Co——3,000 dividends. to will 4,000 W. & Holders may obtain payment of the full redemption price upon surrender cf their stock certificates at the Continental Illinois National Bank & Trust Co. of Chicago, Chicago, 111.—V. 171, p. 195. that stock company warrants or series due of 30,000 of the property 171, follows; underwriters) discount by the to preierred arrangement capital of as 45,265 to may dealers All Morrison-Knudsen Co., Boise, Ida.—Files With SEC— a leasing underwriters, and of share, natural underwriters bonds, 3Mi% pany's Feb. on amount new West & railroad stock.—V. company intend called (before company advised they Securities Corp. Laird, 7,000 Whipple The announced period have The National City at a reports, press any the amount Calls 5% orders $7,217 in addition to ing of payment will dividends, leaving the present 6% Pittsburgh shares $106,125 several com-, that the 5.249 shares of common stock purchased by the underwriters at an aggre¬ gate cost of $69,5.49.25 are being offered to a limited number of purchasers by the representatives for the accounts of the underwriters at a price of $15.50 per share, or an aggregate of $81,359. If such J shares are sold at such price the company will receive from the un¬ derwriters $4,593, being 50% of the excess over $13.75 per share, A Ai'ter stock creation 12 the of several aggregate per proceeds 6 transactions any underwriters paying preferred the Jan. use redemption; quisition of diesel 144,751 shares of 150,000 shares of Inc. & Robert stock at $1.01.20 per share, for an aggregate selling price of $4,756,400 plus accrued dividends; <b> the representatives pur¬ chased in stabilizing operations for the accounts of the several under¬ writers 3,196 shares of 5% prefeired stock" at prices varying from fleet of 75,000 Co., Bacon, preferred Neff, use J. and Bacon and Co. end expenses) will total $1,917,638. • Service and proceeds to the company from the sale of the 4!4% preferred stock, after deducting such underwriting com¬ but before deducting other expenses will be $21,056,304 plus the stock offered which Public offer, (a) the several underwriters sold, subject to consummation of the exchange offer, an aggregate of 47,000 shares of 4)4% cumulative by the company for subscription were subscribed for. Rights expired on Jan. 4. The remaining 5,249 shares of common stock are being purchased by the underwriters from the company at the subscription price of $13.25 per share. Underwriting commissions will total and Bacne dividends. The complete diesel locomotives road to completely dieselize divisions and a large part of Kansas division, the increases Inc.. Allyn American $335,352 vised the Montana-Wyoming Gas Pipe of England and the by puichased by each of them from the company C. Bingham. Waller & Hurry to total accrued 274 enable Northern An aggregate of The New management. on outstanding cession during the pay off back 225,879 missions, will March late by completed be units diesel new Pacific units 429 Southern the on other parts of the system, Executive Officer.—V. 171, p. 194. The whiclji'Will stockholders common cumulative Baldwin Locomotive units; new power mon the of be A. 4%% Preferred Stock Offered—Of the 211,380 shares of 4%% cumulative preferred stock offered to holders of the 5% preferred stock pursuant to the exchange offer, be Loco¬ single the Missouri Pacific Lines. by American and Baldwin and year. Missouri White share some delivery the the of that Under for The units. of comprising of cost locomotives produce 19 Delivery its rights to Biyth & Co., is 119,115 shares will be issued in exchange and 92,265 shares ("unexchanged stock") will be purchased by the several underwriters at $101.20 per share plus accrued dividends. The exchange offer expired on Jan. 18. for 77 new diesel loco¬ Electro Motive division railroad this American will Motive will July total a by placed Motors, diesel construct of the committee protective this J. share. per company's been Works for Works by lease Corp. the of Missouri Pacific RR.—Orders New Equipment— Orders order the of that stated . arrears to to rental cwns 362. motive committee, England Co. with respect to the allocation of securities. understood According, proved mere popular with 2,688 workers, according the total invested. $2,410,308 went into "Plan A,", Of years, 1950-1951, of all type* bei**piaced strongly urged that preferred stock¬ undisturbed. years. option Buetov;. This of the of Northern Indiana Public first $300-0<>0,000 in the program embraces construction prior below covering p. the fnl S .! service Of through which dividend arreurs erased, again is reported to be under is transaction. to.Mr. 26, to inclusive^ ^th™!i,affir0?,!nately common appearing proposed recapitalization plan 6% preferred stock would be propsal formula under "Plan B" stipulates that shares will sell the market value at the time of the actual purchase price 10% made the Co., York, Chicago & St. Louis RR.—Recapitalization considered decide to time the employee may stock purchase at this arrangement, funds toward a In ■ of England Expected—Proposed Lease— dividend, It method, provided for accumulating period, with interest paid by the accumulated the The for three-year same 2% at company purchase second the the holders New Jan. on 362. consideration $5 provided for the purchase before Dec. 31 of a specific number of shares at $71 each, payable in 36 monthly instalments by payroll deduction. "Plan SEC be protecting re-organization 171, Plan The first, option, known as "Plan A." credit toward New special a $86. was directed program. issue of 75.000 common shares to workers on Nov. 8, 1949, with purchases payable on a monthly in¬ stalment plan. Under the first of two purchase options, the price was set at $71 per share. Market value of the stock at the time The not Greene, Chairman step in the efforts —V,. Vice-President in charge of finance, one-third of those eligible, had elected to Executive 2,728, Northern the J. Northern P. Herbert for committee the and before Bailey them. for protectice payments should first be exclusively by this company in purchase stock the company argument of the two respective companies, since they have been amply compensated through the payment of $100 par, plus all preferred dividend arrears. David $2,440,873 through oral 5 holders Manufacturing & for this cf an premium 105. p. Employees— ployees, ' 171, for Publip Service Co.—Hearing Held— first complete Neno 8,280,780 San Joaquin Light except bonds issued preferred payments stock, for series 98,103 A, sharea installment under purchase agreements if such ing 98,103 stock preferred of —V. 171, shares common offered Oper. Co.—To Increase Stock Pacific Telephone & Telegraph stockholders The to approve to at annual the meeting March on 2 will be asked Gross directors The of to of issuance of 814,694 common share for each six shares the approved rate the new one has not The date for the offering preferred stock held. or determined. been yet month at last offered be common Telephone & Telegraph Co., the parent company, The American of shares.—V. 171, income fixed —V. Co.—Proposes Expansion applied to the Federal Power Commission for its pipeline system capacity to enable it to transport 250,000,000 cubic feet of natural gas per day which would be purchased from Trunkline Gas Supply Co. The latter last November asked the FPC to authorize a 740-mjle Louisiana-to-Illinois pipeline proceeding pending Panhandle is estimated to cost $14,689,500. The new facilities, to be in Illinois, Indiana and Michigan, would include 170 miles still project located, of expand to designed to is has company the gas for delivery to Panhandle. This before the Commission. The proposed carry the new facilities, when com: in connecUon with its other facilities, would increase the system peak day design capacity to 800,000,000 cubis feet. The proposed facilities are necessary to make available additional volumes of gas for the rendition of service to the City of Indianapolis, Panhandle's present cu: tomers, and others, the application says. The Panhandle pipeline system originates in Texas and extends through Oklahoma, Kansas, M ssouri, Illinois, Indiana and Ohio to Its northern termini in Michigan.—V. 171, p. 363. existing and income, income Net 1949 1948 — $1,431,329 $1,416,805 — 260,591 238,874 155,260 $1.68 plan etc after taxes •Capital stock outstanding Earnings i about Proceeds will financing the of additions be betterments.—V. and —V. 170, all the outstanding short-term of promissory notes due banks, to redeem its outstanding $10,000,000 of 314'/i? first mortgage bonds, and to provide approximately $8,000,000 for the company's construction proceeds are to be used to retire The represented Oakes authorized a con¬ of $28,500,001) for 1950. This, he estimates, will expenditures for the three years' through 1952 to budget total stated further the directors have that capital $60,500,000. approximately The Oper. 1949. December, Net $2.13 with totaled $69,908,851, STATEMENT Net $6,040,346 4,668,023 $1,022,930 $13,292,753 $12,070,065 applic. stock for the period to pfa. 9,303.157 7.81S.321 2,383,988 714,709 926,446 deductions—,^ and est Divs. $1,021,459 $13,162,567 $12,023,926 1,471 130,186 46,139 12,006,565 on Jan. 13 has called for redemption on Feb. 1, next, at 104Ve previously reported) ancl interest, all of its $2,500,000 outstanding first mortgage 5 V2 gold bonds, series A, due Aug. 1, 1974. as Immediate payment interest crued Feb. to the lull redemption price, t-ogether with ac¬ will be made on and after Jan. 19 upon ol 1. The of it company, field the in its was No. announced Willc.o l Basin Anadarko well section in on Jan. 20, has which Is located block 15, 3-1, discovered a new on the west rim T&NO Survey. Sher¬ barrels Texas day per the the «.bove The which beds of the No. is 1 recently pay as well age zone as miles in a some south new 2,300 of the Phillips No. 1 new $8,968,122 2,210,310 $6,114,972 $7,533,747 $6,757,812 170, owns p. and gas leases 2439. operating authorized be would treasury shares. unissued but Electric Co.—Earnings— 1943' 1949 and $23,373,632 $21,373,410 20,071,309 18,704,19$ taxes $3,302,323 income $3,169,216 14 13,643 $3,302,337 $3,132,859 income Gross income Income (incl. special 728,996 1,228,060 $2,573,3-11 deductions Net $1,954,799 charges) income surplus at beginning 3,247,442 2,907,644. $5,820,734 Earned $4,302,442 period of 539,250 375,000 1,520,000 1,240,000 dividends dividends and Earned expenses on cum. 88,117 pfd. stock at surplus Nov. $3,673,417 30 $3,247,442 Budget Expenditures of $12,500,000 Approved— The directors their in meeting December regular the reviewed for 1950. The expenditure of approxi¬ wide variety of projects to increase system capacities, improve service and piovide new customer extensions, was authorized. The largest single expenditure will be in the electric, construction proposed $12,500,000 program on a department Unit turbo-generator for continuing 3 which is No. work on Silver Gas Station, expected to be completed by October. loan A 1949—12 Mos.—•1948 $2,363,950 $27,708,887 $28,696,268 . banks, $6,706,075 Dr3,9l3 $G,241,306 61,139 $554,048 Dr3,197 $575,976 9,271 revenues $585,247 Balance $4,361,316 $4,138,374 667,500 $366,736 23/a'c. 687,500 $3,673,816 $3,450,874 North Coast sold during 1948, Federal income tax applicable thereto, aggregating $969,404, to better comparison of operations.—V. 170, p. 1703. of a received subsidiary, former from which in investment the Co., has way General Aniline Case Set for for Aniline General the establishing Corp., Film & times or of one ownership of American approximately 93% underwriters.—V. 170, p. 2229. Schwitzer-Cummins Co.—Files With SEC— 5,000 shares to sold Last Alien alleges it Aniline. to restore the wrongfully taken Custodian Property which were Government sought to settle this immediately intervened in the option which it in 1947 exercised on May 5 year. The decision of Judge Pine virtually assures that, or not the U. S. Government wins its case against Chemie, Chemie year action that whether decision Chemie that judgment motion dismiss to grounds. S. motion for a that previous "In The complaint and the other jurisdictional concurrence, on do hearing rendered case, Dec. on 21, Rand's action has been set for Feb. 6. position, and Chemie recovers the be in a position to compel Chemie Chemie of to recover from shares the the Alien Prop¬ Custodian is decided in favor of the Swiss company and own¬ is then taken over by Remington Rand, no anti-trust situa¬ be involved, because General Aniline will retain the existing will Aniline General with is also Rheem the announce¬ a p. 2067. is of one the the in Four" "Big division of General Aniline.—V. chemical field, American Cyanamid, through Ansco, the 170, p. 402. Manufacturing: Co.—Secondary Offering—Blyth Co., Inc. Jan. 9 made a secondary distribution of on subscribed.—V. 171, 196. p. Robbins Mills Inc. (& Subs.)—Earnings— (Formerly Colonial Mills, Inc.) 1949 1948 $35,198,423 $44,003,456 Year Ended Nov. 30— Sales earnings of Earnings after taxes . shares outstanding capital per share_: __ . on •After Federal and State tization of 171, p. income 196. State income taxes postwar ' 18,757,466 834,31'J $10.50 +After Federal *3,733,256 834.319 $4.47 of $2,242,500. and special provision raxes $6,340,000 of machinery and construction within stock Trust Co., extended to March 10, 1950 the time 3% cumulative participating preferred the Trust—Earnings— for amor¬ costs of $1,400,000.— 1943 $41,378 1949 $3,467 30— 2,430 of common from sale •Payment deferred.—V. 170, p. Cr30,365 $4,509 — _________ notes loss 43,20(J $39,508 interest on 8,640 24,412 40,500 39 expenses stocks— loss Net 1537. Solar Aircraft Co.—Unit Sold— The company sidiary, has Casket Co.—V. bard sold Hubbard Casket Co., wholly-owned sub¬ a to W. G. Hubbard for an undisclosed cash sum, and will con¬ mill operations and manufacture caskets for the new Hub¬ wood tinue 170, p. 598. South Atlantic Gas Co.—Sells Certain Properties— properties at Sanford and DeLand, Fla., to Florida Home Gas Co. for $237,700, was consummated Dec. 28, 1949, South; Atlantic Gas receiving $200,000 first mortgage against these proper¬ sale of gas represented by 5% notes payable $5,000 each March 1 and Aug. and 1953 and Mar. 1, 1954, and $175,000 payable Aug. 31, Both notes and mortgage have been assigned to the trustees under mortgage of South Atlantic Gas Co. in lieu of release ot property sold. The stock of the Trustees' Garden Village, Inc. was sold to H. H. Hillyer at nominal value, South Atlantic Gas Co. receiving a second, mortgage on the property of approximately $91,400, payable Sept. I, 1902, In consideration of advances previously made to that subsidiary. ties, 1952 1954. —V. Du Pont, Allied Chemical and competitor of Eastman Kodak 14,000 shares of common stock (par $1) at $20.50 per share, net, for the account of the Trustees of the Officers' and Directors' Stock Bonus Fund. This offering was over¬ V. 170, income realized Net 31. these shares to it. competing and Total without Rand sustains its Rand will then suit wholly- 139. p. Shawmut Bank Investment 1949, ment. Net above.—V. have of 9 Months Ended Nov, •Interest competitive situation in the chemical field, according to & 171, their holdings for shares of Title Insurance California corporation, plus cash. See V. 170, p. 2587. Debenture ership and for 1950, employees of this Co.—Acquiring Oil Lands— Oil Co. directors holders The Remington on covering not exchange may interest would be the taking of his property so Remington the tion The which between the in opinion to 16 Security Title Insurance & Guaranty Co.—Exch. Offer. Administrative of law." Remington stock. erty Oil Barnsdall See 30.—V. Dec. on contribute determination of his claim. a view, my process If SEC Seaboard an prior to have, due stock purchase plan may Pine to Jan. and of Marinette Paper. Co. and Coos Bay Pulp Corp., subsidiaries, with the settle should Government Rand's Rand's payment." a H. on in excess of 10% of weekly earnings for purchase of common stock, the aggregate principal amount not to exceed $750.0(?0. The proceeds will be used for corporate pur¬ pose. A registration statement covering the sale of this stock was tiled owned a Chemie and Remington Rand, of Chemie under well-known principles of equity, became lodged in Remington Rand and could only be defeated upon Remington Rand's failure to pay $25,000,000 upon restoration of legal title (to the shares of General Aniline) to Chemie, and in sueh a case Chemie would have a lien to enforce this agreement alleged established, this equitable "By if Paul SEC the with stock/series A (par S20> Chairman of the board. The IssueDavis <fe Co., Chicago, 111.—V. 169, preferred declaratory both motions, Judge Pine said: denying In Remington a one U. the and Remington without suit Chemie's American-owned. become will motions, two on by the employees' company Rand Remington company was filed Scott Paper Co.—Stock to Employees— Under by specific performance from Chemie, and which it chemical huge underwritten be was cumulative 1711. p. enforce to 5*2% of by Louis Schwitzer, Sr., the U. S. and court. ol' out action obtained a be largest chem¬ during the war, the shares of General of the Aniline General notification letter of A it. from of asked has of of unsubscribed shares were taken by the The 1949. 28, worid's the D. C. The decision, rendered by Judge David A. Pine on Jan. 17, refused to dismiss the complaint of intervention filed by Remington Rand Inc., in I a suit brought against the U. S. Government by Interhandel, a Swiss corporation formerly known as I. G. Chemie, which Chemie Subscriptions—The Fisher Brick Co.—Stock stockholders subscribed to 93.6% of the 106,584 shares through shares as Sayre & companies seized by the U. S. Government a decision of the U. S. District Court in Washington, ical company financing will paved been on owes but $2,400,000 to the banks The line of credit is only a temporary form and the loans thereunder will be repaid at such time permanent securities may later be issued.—V. 170, p. 1918. the agreement. this under exceed at any one time a total of more: borrowings will range between 2 and to Interest was — Remington Rand Inc. The not sums Currently, capital stock offered through rights which expired Dec. —_ dividends of $8,000,000. 2,340,846 $425,044 . 'Excludes give $6,702,162 2,104,071 dividends preference Transportation net $6,302,445 184,115 amortization k Income Prior $550,851 160,203 Balance Interest a in remain borrowings of between the company and a syndicate of six: credit of $8,000,000, was approved by the California and became effective last month. The agreement force until Dec. 31, 1951, and permits in-and-out agreement creating Commission U. P. will 21,990,193 21,467,581 1,809,902 1,552,158 income, net Number oil Net Other Co.—Earnings— 1949—Month—1948 $2,128,134 — oper. Other Willclo Field. Rochester's in of revenues expenses next deep gas-producing horizon in feet below the regular Iiugoton approximately 20.000 acres in a nearly solid block surrounding the new discovery. This develop¬ ment is significant because Phillips has extensive refining, chemical end other operations ih this locality, the announcement concluded. Phillips —V. $9,799,742 2,265,995 deprec. and exps., -Net Kathryn discovery also found gas in in which the No. 1 Kathryn well is com¬ the regular 3,000 foot Permian zone of the The zone. Pennsylvania Hugoton two discovered Pennsylvania Gas pleted, $8,123,154 2,008,181 producing horizon. new Willclo •well Meld $8,911,495 2,095,989 deduct. revenues Field— Panhandle. This- new discovery well pumped of 40-degree gravity oil through perforators iir Pennsylvania zone at 5,844 to 5,880 feet. Another potential oil zone was also encountered in the Pennsylvania beds immediately County, man 225 477,818 $6,815,506 photographic Co.—Discovers New Oil Phillips Petroleum oil Operating Operating than 1950, presentation and surrender of the bonds at the Central Hanover Bank & Trust Co., trustee, 70 Broadway, New York, N. Y.—V. 171, p. 363. status $8,000,000 Line of Credit Established— If company 104V2 shares 5,160 the Year Ended Nov. 30— $3,490,303 210,446 Puget Sound Power & Light Peoria & Pekin Union Ry.—Correction— (not $9,589,296 454,966 2587. p. to deliver The $7,668,187 said: "If the intervener's claims are established, it is equity in the stock. How then can this court adjudge that the plaintiff (Interhandel) and defendant (U. S. Government) are entitled to stipulate for a settlement and dismissal, with prejudice, of the cause of action, regardless of any right the intervenor tnay authorized the Pennsylvania RR. to issue $10,620,000 of equipment-trust certificates 5n connection with purchases of equipment. The certificates were offered Jan. G. subject to authorization by the ICC, to bankers headed by Halsey Stuart Ai Co. on a bid of 99.434 with an interest rate of 21/«% (see offering in V. 171, p. 100).—V. 171, p. 195. Commission Commerce the have 163, p. 2998. production In Interstate —V. and and cancelled 27,909,013 185,935 other 170, entitled Pennsylvania RR.—Certificates Authorized— each of the 41,262 shares of outstanding common stock Investment Co. Shares of Rochester & Pittsburgh held Mahoning Discount $8,725,560 income income Net -V. Judge The *plan, the authorized common stock would be Increased shares to 400,000 shares, and four shares issued in for Mahoning by $36,399,315 income & The 1949—12 Mos.—1948 $5,729,461 $69,571,645 $65,797,653 4,708,002 56,409,078 53,773,727 or 1949—12 Mos.—1948 1949—11 Mos—1948 income the inter¬ after income 1948.- $1,378,783 income Gross Net (net) income over 200,000 mately EARNINGS $1,372,323 6,460 revenues___ oper. OF 1949—Month—1948 Period End. Nov. 30— Operating revenues Oper. exps. and taxes__ Other $3,456,363 of increase an COMPARATIVE provides that the directors cf refrain from making the merger however, abandon may Common Inc.—Earnings— $36,654,850 $33,481,292 $40,059,842 27,929,290 25,813,105 30,470,546 and taxes operating Other the preliminary report of operations for 1949 shows net income equal a share on a larger number of common shares, compared $2.02 a share for the previous year. Gross operating' revenues A to the Total revenues oper. exps. held which includes an additional 100,000 kilowatt steam generat¬ ing plant at Sunbury, Pa., now under construction and scheduled to be completed by early 1931. A total oi 150,000 kilo-watts of additional capacity was placed in service at Sunbury during November and the Under from 2228. p. Period End. Nov. 30— Electric company's postwar construction complete the will expenditures program, agreement, merger company Preferred Oakes, E. struction lift at ♦'Trial Feb. 6— President, says he thinks it will be necessary for the company to sell approximately $18,000,000 of additional new securities to finance' the remaining portion of the three-year con¬ struction program as now set up. The remainder of cash requirements will come from earnings or through other cash reserves. Charles The $15,644,000 by program. Mr. marketable automobile small a Public Service Co. of Indiana, Pennsylvania Power & Light Co.—Bonds debt N. Gardner, trustee for the corpora¬ tion, to proceed with an auction sale of machinery and other physical assets at the company's plant. Reorganization proceedings had been postponed from Dec. 12 at Mr. Gardner's request. The trustee said the new plan was drawn after discussions with a group of engineers identified with the Lytemobile Co., recently organized in Delaware. Net Placed Pri¬ vately—The company on Jan. 25 announced it has sold to a group of institutional investors $33,500,000 of 23A% 30-year first mortgage bonds on a 2.7% yield basis. 19, and of Mahoning proposed consolidation of Dec. on approved elfective. permitted Allen H. lie Meanwhile, taxes used by Pennsylvania for prop¬ 171, p. 363. company 18, $800. Oper. Financing— issue and due 198C. The company also proposes to sell 40,000 additional shares of its common stock ($30 par) to its parent, Ohio Edison Co., for $600,000. erty Buffalo, Period End. Nov. 30— company on Jan. 23 requested SEC authorization to competitive bidding $3,000,000 of first mortgage bonds, The sell at at creditors' approval Y., on Jan. 13. Judge John Knight formal order confirming the plan, received corporation this attorneys to prepare a lor manufacture of Operating Pennsylvania Power Co.—Plans New Corp.—Creditors Approve Plan— calls 160, p. 331. shares.—V. treasury 103,850 "•Excludes — share per Court Federal directed reviving for which 155,260 $1.54 Sept. 30— 1,915,375 this 8. p. Gross Year Ended $3,035,382 of Nov. on San Diego Gas & Interest (& Subs.)—Earnings- Paramount Motors Corp. Bent 160,616 Playboy Motor Car operation in $559,536 1,972,251 $200,936 158,978 Dr$26,608 Co. companies. either of units horsepower in compressor and installation of 16,000 stations, Funnandle sa;d pipeline at pleted both owns in authority , charges) 171, Investment exchange Depreciation 363. Panhandle Eastern Pipe Line 264,591 taxes & A The $2,801,689 233,693 $294,945 17,855 (before 4,068,165 outstanding common Pacific Telephone's p. shares 3,732,493 income depr., 6,500,000 shares, par $100. shares (net) income $183,081 Z)r$48,678 22,070 operating revenue Net Non-oper. 1949—12 Mos.—1948 $2,143,588 $24,358,868 $25,960,648 1,960,507 24,063,923 23,158,959 $1,948,432 1,997,110 ____ and taxes__ 5,000,000 authorized common stock from increase in the an revenue exps. Pittsburgh Coal Co.—Merger Approved— stockholders The operations) incline and bus 1949—Month—1948 Period End. Nov. 30— Operating 363. p. rail, (Combined issued and if all of the 1,500,000 shares hereby are sold will be 18,103,708 shares. are Rochester & Earnings— Pittsburgh Rys. Co.—System 1,598,103 shares. The stock to be outstand¬ will be total number of shares of preferred and Monday, January 30, 1950 CHRONICLE FINANCIAL & COMMERCIAL THE (466) 6 170, p. 2229. Southwestern Public Service Co.—Offering Underwrit¬ ten—Dillon, Read & Co. Inc. heads a group of invest¬ ment bankers who are underwriting an offering of 168,695 shares of new common (par $1) stock to its com¬ Terms of the offering entitle the com¬ mon stockholders. mon stockholders to subscribe for the new stock at $31.50 share at the rate of one share for each eight shares held of record Jan. 18, 1950. The subscription warrants, which expire at 4 p.m. (EST), Jan. 31, 1950, give holders the additional right to subscribe at the same price, sub*per ject to allotment for shares not taken by stockholders upon exercise of their preemptive rights. Dillon, Read & Co. Inc. will act as dealer-manager of a of securities dealers in subscription warrants. group of soliciting the exercise PURPOSE—Company proposes to use the net proceeds from of the common stock, together with the net (Continued on the sale proceeds from the sale t*£ page 40) Volume 171 Number 4877 THE COMMERCIAL & FINANCIAL CHRONICLE (467) 7 ■k Stock Record «» New York Stock Exchange DAILY RANGE OF PRICES WEEKLY VOLOME OF TRADING YEARLY RANGE OF SALE PRICES FOR EVERY LISTED ISSUE Range 1'wr Previous STOCKS Range Since Jan. 1 Lowest $ per share 37 Jun Lowest Highest $ per Dec 51 $ per share share 49 Vi Jan 1% Jun Jan 21% May 19% Jan Jun 23 Dec 21V; Jan Dec 3 ACF-Brill 11 13 23% Jan 11 Adams 23 Adams-Millis Sep 41 Jan 24 42 % Jan 47 Dec 43 Jan 13 45 3a Jan 4 14 3/a 193; Dee 17 Vi Jan 3 Jan 12 97a Jan Jan Nov 44 Vi 18% Jun 113,; 51 v; Dec 26 11% Jan Jan 97% Mar 237; May 110% Dec 5 51 r,8 Jan 251 a Jan 110 Vi Jan 120 5 Jan 167k Jan 25 18" s Jan 67 Vi Jan 4 09Jan 25 Dec 3-% Jan 3 4% Jan 11 Dec 78% Jan 3 Dec 80 Vi Jan 24 33 3.» Jan Jan 21 Vk Jan 3 25 3a Jan 18 Jan 5 97 U Jan 25 133/a Feb 187a 64 Apr 73 2Vk Feb 4 40% Feb 647k Jan 82% 86% Alabama 10 Sep Nov 3 84 Jan & 41,ifo preferred w'w 26 57i*0 4 83 July 937; Feb 6 Jun 8% Jan 87k Jan 3 9% Jan 10 Allen Industries 200 % Jan 13 211 % Jan 23 165 ... $4.50 conv preferred Jun 210 Dec Jun 19 Dec 19 Jan 3 Jan 27 gtd Allied Chemical & Dye Allied Kid Co Jun 303 i Oct 28% Jan 13 29% Jan 11 Allied Mills 25 3/a Feb 35% Dec 32 Vi Jan 13 35% Jan 10 Allied Stores Corp 83 Vi Jan 977a Nov Jan 9 95% Jan 253/a Feb 337a Dec 317k Jan 13 34 3 8 Jan 9 76 Jun 88 Oct 87 % Jan 3 9034 Jan 18 Dec 36% Jan 25 37k Jan 4 26% Jan 3774 2% Jun 43k 37 Apr 94 Nov Jan 40 Oct 102 Sep 43 120% 42 89 Va Feb 34 Va Jan 45 674 Jan 10% July 4f« 3 11 38% Jan 434 Jan Jan 26 40 Jan 26 Jan 18 111% Jan 44"a Jan 6% 10 3 93i Jau 20 % 20% 2.900 22 74 21% 20% 21% 217s 21% 21% 217a 21% 21 % 21% 2,800 42 if, 421 443/a 43% 44% 2273 22% OO 8 ' 51 51 23 3 s 24 Va *120 10% 44 23 3 10 10% 51 51% 51 23 23% 233 i, 237a 125 "120 17 i *69% *32 83 *963 9 Vk *193 29 . 353 34% *943 210 1974 a *2874, *19% -*23% 34% a 95 % 94% 3% 8 16% 69% 3% 3% 3% 3% 82% 827« *96% 100 *96% *88 92 *88 92 ♦38 92 9 9 9 9 2,200 203% 204 204 204 4,000 *33 92 *9% 9< 207 3% 2083 203 9% 204% 24 193 .19% 19% 20 20 20 20% 2 28% 28% 283'2 287i 29 28% 28% 1,300 35 Vi 34% 34% 31% 35 V, 34% ♦94% 347k 34% 35 Va 14,000 94% *94% 95 94% 95 % 700 323/a 32 Va 32% 323 a 32% 32 32 Va 32% 32% 32% 32% 3,400 83% 89% 391 a 893 39% 897, 897a 897k 897, 897, 900 3634 3674 36% 37 36% 36% 36% 36% *47k 1 474 *4% *4% 4% "38 50 45 *38 4 V, 45 95 *38 *94% 4 4 95 4% 4 45 104 1047; 42 43 42 V, 42% 10% Jan 10% 10 % 45 40 40 7514 Jan 3Wo 14 263o Jan American 61% July x7% Jun 69 Oct 04% Jan 27 6612 Jan 12 Dec 10% Jan 13 11 "a Jan 30% Mar 35 Jan 96% July 5% Jun 104 Jan 12 Amer 4% 35 25 Jan common 10% 10% 7a 10% 10 10'., 10 10% 70% 70% 70 70 70 70% 70 70 C9% 70 25% 257 a 25% 25% 25% 25% 25 3 i 25-% 25% 25% __ •63%' 4,000; 65 04% 64% 10-' 11 ,■___2 Brake Shoe Co 13 9% Jan 17 American 3% Jan 3 5% Jan 14 Jan 1067a Dec 1053 172'/a Mar *103 American Cable & Radio Corp. 1 American Can Co common ,..—25 Jan 3 Sep 183% Jan 4 33% Jan 257a Jan 3 60 Jun 82 Jan 703 Jail 4 25 5 a Dec 24% Jan 16 19% July a 2 Feb 47 7 3 Sep 443a Jan Feb 19% Dec 18% Jan 14 Jun -J < 7"o Sper share —100 18% 18% 18% *18 18% *18% 18% 87% *85% 87% 85 £5%. *85 87 507a 50% 51% 50% 50% 50% 50% 50 50% 50% 50'% 11934 15,600 119% 12012 118% 118 74 118 118% 117% 117% 117% 118% 3.500 33% 33% 33% 33 33 V, 34 7 s 35% 6.800 Cyanamid Co com.____lb 3Wo cor.v preferred series A.100 American Distilling Co ____..20 NEW *119 33 % YORK share 3 24Va Jan 21 American Export Lines Inc___ 40c 23% 24 Va Amer 8c Foreign Power con;—No par $7 preferred ; No par 3% 3% 69'a 69% 517a Dec 49% Jan 3 54% Jan 23 Jun 43 % Oct 40 ■% Jan 25 423 18 American Hawaiian SS Oct 4% Jan 3 5 % Jan Nov 47 V; Jan 5 4734 Jan 5 4 34 Jan 20 American 11 American Ice Co common.__.No par 31% Jan 4 Jan 12 53 53% 51% 53 41% 41 % 41 % 40% 41'4 5% *48 —50 1 33 3 5% 52 4 34 33% 167a 16 ~ 88% 14% 15 % Jan 4 5% Jar. 3 3.90% preferred Amer Machine & Metals No par Dec 13 11 11 Jan 9 10,400 '77a,. 500 91 50 15 V* 15 15 Va 15 Va 157a 15% 15% 6,900 217k 21% 21 Vi 21% *217i 21% 21% 21% 800 16% 15 % 15% 15 V* 157k 15% 15 ^ 15 15 Va 14,700 3R12 *86-% 89% *86 ya 90 Va *867 a 89% 893 15% 15% 147* 157a 15% 14% 8 *81 6-% 34 *67a b% *105% 6% 33 34 33 106% *81 32 107 *105% 82 15 *81 6% 82 *674 33 32% 107 *105 Vi a *81 6 % 32% 107 89% 153 300 7,100 a 82 % 6% *3212 67; 3334 *105% *67« 7 3,6i 107 *6% 30 v; 7% 30% 30% 34% Jan 25 36% Jan No par *35% 4 36 35 7; 353 34% 34% *35 v; 3 16 Jan 12 23 American Jan No par 15% 15% 16 15% 16 15% 15% 15% Jan 24 $6 preferred No par 1357a 136 % 136 136% 136% 137 I34y4 1363/a 135% 136 135% 136% $5 preferred No par 114 115 114% 115 114 % 115% 112% 114% 114 Va 114-% 114 114% No par 100 14 14 Vs 137; *175 *175 176% 15 14"3 Jan News Co : Amer Power & Light com Amer Rad & St 3 San'y coin preferred : American Safety Razor American Seating Co American Ship Building Co 9 Amer Smelt & Refg 10 7% Jan Jan 40 9% Jan 48 16 53% Jan Jan 43 % Jan 13 Jan 27 158 57% Jan 166 Jan 11 11 18 7f« preferred 100 American Snuff Co 13 42 Jan 5 Jan 27 145 Jan 13 26% Jan 12 American Steel Foundries Jan 11 American Stores 127a Jan 17 American Stove Co 41 Va Jan 10 American Sugar Refining corn—.100 7% preferred 100 28 Jan 24% Jan 3 Dec 29% •Jan 13 7% Jun 31% Feb 103 2 Jan 32 5 38% Jan-25 128% Jan 5 16 July 20% Nov 19% Jan 13 138 Jun 150% Jan 14614 Jan 3 60 V* Jan 76% Dec 135 Jan 153 % 16 131 • Jan 26 20% Jan 3 Jan 21 76 % Jan 9 149 Dec 73% Jan 151V; Jan 16 74 Dec 69 3 4 Jan 13 75 Jan 4 121 Aug 117% Jan 25 120 Jan 11 7% Jan 3 83/e Mar 277a Jan 3 Jan 5 85 Jan 71% Jan 10 6% Jan 25 874 Jan Jan Jan 25 common preferred 100 _No par Co No par _No par American Sumatra Tobacco American American Tobacco —5 Tel & Tel Co 100 41% *145 9 9% 8 va 45% 45 45% 45% 42 23 % 163 2 *40 127a 41 20 149 1537* 72 34 737k *118% 118% *118V2 -118% 118 Va 118 V* 11 27 American II 7% Jan 10 7% preferred 100 $4 conv prior preference No par Amer Zinc Lead & Smelt coir. 1 8 8% 89 29% 6% 90 90 89 90 71% 73 73 6% 6% 6% 63 V2 29% 29 "a 65 Jan 12 preferred 25 s 633 2 3 31 Jan 3 Anaconda Copper Mining 50 29% 29 3 4 22% Jun 357/a Jan 28 Va Jan 13 31% Jan 12 Anaconda Wire No par 29% 30 25% Jan 40% Dec Jan 27 40% Jan Dec 106 Vi Jan 20 109% Jan U Jan x51 Jan 12 53 % Jan 20 283/a Dec 21 Jan 13 23% Jan 7 liy4 NOV 9% Jan 4 33/a Jan 4 13 18 6 & Cable Anchor Hock Glass Corp com.. 12.50 $4 preferred Anderson, l_i.No Clayton & Co Anderson-Prichard Oil Corp par *38% *106 393 2 107 *63 8.000 158 Vi 330 160 158 417a 41 143% 142 41% 142 25 25% 30% 303 30% 30% 12% 20 148 V2 73% 118% 12 38% 131 *19% 148 Va 74 152 3/a 73 4 12 38-% 131 20 148% 12 38% "130 20 1483; 20 37,100 6,300 74 V* 73 Va 74 V4 152% 152% 152 Vi 350 73 % 713 4 73 Vk 6,200 *118V4 119 "118% 119 8 8% 8 30 317k 31 32 90% 89% 92 927; 74 *72 Va 74% '73% 76 % 300 6V2 6% 67 a 63/a 2,300 *62% 63% 91 8% 29 23% 29 29 29 28% 28% a 10% *3 7a 37a 3774 377; 39 106% *53 2174 *10 Va *37k 38 393 4 106% 38 Vs •106 67 k 38% 107 53 V 2 *52 Va 53% 2174 21 y« 21% 10 % 3 Va 38 *9% 130 sy3 30% 28% 39% 300 1,500 1487k 29V; 10674 20 1,000 29 ya 39 900 10,000 1,100 1,900 28% *106 3,100 12 29 Va 4 6 1 38% 132 29% *1078 3% 38 55 % 29 10% *3% 38 45% 41% 293 *10% 5 s 54% 30 22 20 453 *40% 55 25% 39 27,300 42 29% 21% No Par 73; 25 y3 132 15,800 176% 7% 63 22 7w Archer-Daniels-Midland "175 63 *22 % Andes Copper Mining A P W Products Co Inc 417k 77-8 45 63 10 6 176% 17,500 14 62% 28% 533 12 159 *142 13% s 6374 53 12 897/a *71% 14 15 7 637; 53% Jan 8 28% 307a 36 15% 6% *52% 3% Jan 117% 30% 36 15% Vs 214/ 10% Jan 40 8 Va 30% 71% 6% 25 *62 7 8 297k 73 287k Jan conv 8% 29% 89 *70% 62% Jan $5 prior 8 28% 72 30% 36 30 V; 74% 153% 73% 5474 Va 26 153% 74% 153% 28% 41% 73% 74 153 common—_No par 12 y« 38 Va *130 159 144 7% 7% 44V2 153 VA 7474 Woolen 30% *175 •41 a 147 7/a 73 3/a 74 25% 197a 20 153 % 73% 159 553 148% 74 Vi 74% Jan 34% Jan 20 73% 35'A Jan 4 153 % common preferred 65 NOV 123/4 39 V 130% 148% 42 41% 307a *12 77k 45 54% *674 13% 176% 45 114 _25 6% Jun 4Vi 41 267« 39 19% 161% 145 130 148% Jun 42% 12% 14 *41 55% 30 % 40% *175 7% 26% 130 % 149 25 Va 2% Aug 30% 20 148% 48% 26% May 8 *397; Dec Dec 37 *123 *129 *40 7a *143 26% b 9 45% 42 55% 160% 417k 145 26 303 131% 20 162 40% *143 267a *40 55% 162 417 2 2 42 55 2074 *129 17 63 *40 148 *30 123 *175 55 v; 55 *161 Va 14% 14 2 —100 92% Jan 27 73 non-cum 14% 4 American Viscose Corp common—14 5% preferred 100 American Water Works Co Inc 5 154V2Janll 32 6% *40% . *353 15% a. 4512 No par 36 1763 9 5 No par com 14% No par 40% Jan 142 31% 32Vi ■ 7% Dec footnotes see page 7"'a 30 7» Jan For 323k '90 *6% Jun 8% July 8 303 i 19 % Jun 32% 9t 7% 21% 15% *90 30% 5674 55 Vi 90% 7% 43% 108 32 Va *77i 8 *7% 90% 497k 30% 26 91 % Mar 33% 8 91 5% ♦48 7% 25 80 3.000 5% 52 30% 7% Jan Jun 700 5% 53A •48 52 *6% 44% Jan Jun 41V4 30 3a Dec Sep 52% "40 U 1 Nov 43/2 6% 33% 52% 41% 15% IO 21 % 82 *105 5% 52% No par 49 59% 6% 33 Vi 105 1,200 12,300 52 74 *40Vt American Natural Gas Co 13 79 *6% 32% 105 *81 32% 5.600 American Molasses Co 13% Jan Feb 81 *77 1 33% 173/4 59 Vi 5 Sep Jan 15 7k *21 ij 8 2,100 16% 59% 7 Jan Dec —100 153; 21% 1 33% *90% 09% 1774 59% 7% Jan 147'k Nov 15 v; 213 3 91 69 4.300 32% Jan 115V; Jari 24 128% 2 300 3 V3 a 14,100 5 4 Sep 7% *903 5% *48 69 33 600 4 13 1 4 Dec 8 91 Shares 7 Jan 293 -Jan 150 *90 American Metal Co Ltd com.No par 4%% preferred 100 128 Dec common. Jan 105 3 *7% ,_—100 5Vi 52 1674 •58 *6% 6% Jan Oct Dec preferred 34 % Jan 32% Jan 26 104 % Jan non-cum 6% Jan 80 1077s Jan Jun 33% 14% 6*0 5% *43 88% Dec 48 Va -5% 52 16% Dec 99 % Mar 5 % *47 147a 130 7ya 547a 88% 7% Mar 38% 8 41-% 1 1097k Jun 53 3 —100 Feb 6 %■ Jan 53% 42% :_No par Feb 21% 53 7% preferred Amer Maeh & Fdry com 70% Apr 17 % 59 American Locomotive 83% ixll7V4 16% 59 9 137 497/a May 17% 60 27 20 69 177; 59 Vi 11 Jan 68 17% 60% 16% Jan 4 8% Jan 91 08% 17 60 89% Jan 78 12% 68 69% 17% 16% Jan Sep 45 68% 2 3 til 4 15 % Jun 3% 12 36% Aug 120 37k Jan 84 427'a 3 Jan 143 Feb Feb 3% Jan 27 84 Feb Jan 3 15 32 Jan 37k Jan 33'A 34% 3% 633 American International Corp .No par American Investment Co of III 1 Jan 142 233 9 Nov 130 22% 12 Dec 164 2374 15 % Jan 5% Jun 227s 22% Jan 287/a Jun 23% 13 Dec 39V4 22% 25 Nov 37 237; Jan Jan 8% 23 14 33% Jan 243 k 21% Jan 1057a 6% Mar 23% the Week 19 *42 1 com Products 19 Dec Jan 23% Home 19 Dec 15% 178 Hide & Leather convertible preferred 7 *18% 4 Jun Jun 6% *6% 15 10 Jun Mar American 7 19 *6% 17% '___.10 Sales for 1 19% 4 61 No par Co 7 Friday *19 Jan 4% 10 preferred A 1 7% Jan 96% 169 $7 2nd . 7 Thursday 19% 90 Sep Aug 22% 7% Jan, 21 4 per share Jan Oct 7 Jan. 20 S per share 7 Encaustic Tiling... 600 PRICES $ per share $ per share 700 80 $ per share $ per share Par *19 10 19% Jan. 25 7% 11 1,800 3,700 Wednesday 197-a Jan SALE *19% 25% 500 25% 47 47 Jan. 24 7% 4 HIGH ♦25 2 19 Tuesday *19% 33 AND 33 25 ■173 Jan. 28 1 74% Jan 4 18 25 Monday American 4 333 25% , Jan. 21 457a Jan 18 25% 3 OC Saturday 34 76 33% 3 LOW STOCK $6 preferred __No par American Gas & Electric Co—10 18% 2 50% EXCHANGE , 11 102 74% 18% 19% Jan 10 Jun 74% *86% 64% Jan Jun 74 3 86% 3 Jun 74 Va 86% 3 11 Va 75', 9,900 *18% Jan 12% *74% ■ 187a Jan 73 2,900 75% 113% 87 16 15% 277k % *18 54 22% 27 *8514 American Dec Feb 26% American Crystal Sugar com 4V*% prior preferred 4 Dec 15% Mar 260 26% 9 23 19 74 UV2 187% 27% *467, 61 Va Dec 187 26% 18% l'_;—lo 10 .___100 Jun 97-8 116 187% 27% ■ 46% Colortype Co— Jan 32% 115 187 V, 27 18% . 37 100 114 V, 188% 27% Ameiicau European Secur—No par 3 Feb 110% 188% 26% id 3 Jan 188 1127a 138% 12 27a Jan Jan 114 137 112% 27% 7% Jan 64% Jan 5% 111% 189 1127a 27% 19% Jan Dec 73 111% 11278 188>2. 1883 2 6 Dec 5% 7,500 25 3% 48 4% Jan 69 Va Jun 4% 67a Jan Jun Jun 7.300 4% 46% Highest Jan 3Va 8% STOCKS Nov 24 V4 8'2 18% Range Since Jan. 1 20V 46 8*% 4% 46% 5 19 63/4 8% 47a 18% 27 Oct IV2 8% •4% 46 35% •Can Dec 44 3% 4% 18% 120% Jan 217-4 8% 4% 46 13 6% Jan 8% 4% 18% 16 19% 13% 3% 4% 46 323i Jan Feb 400 8% 4% 18% 115% Jan Feb 3,600 874 4s a, No par t 4.900 34% 103 45 34 Dec 4% 11 33% *102 '•> 45 34 36% Mar 15% 11 34% 102'% *183 Jan $ per 11% 34% American 51% Jan $ per share 107k 1027; 9 27 18 "*8 Jan $ per share 34 V, 253 Jan Lowest 10% 103 75 % 362 Highest 337« 253 3 Year J 949 10% 103 75 Range for Previous Lowest 34% 103% •63% 75 5 . 34 10312 65 25 % 13 Jan 11 Va 10% 34 104 *03% 65 25% Jan 18 33% *10332 105 *63% 11 75 Jan Oct 3474 65 *25'a 19 % Jan 47 preferred 11 3% 1 _100 Fdry com *63% . 11 Vs *737tt 82 120 preferred 65 25,100 1,400 American Chain & Cabie____.No par American Chicle Co L.Nopar 49 35 Va 1% American Car & 12 Dec 87 51 % Jan 12 Mar 19% 71% July Jun * 18 26:53 Jan 24 25 Vi Jan 75*a Jan 24 7 15 Vi 99 Jan'27 28% Jan 4 39% Feb -j 190 Broadcasting Co Inc , 34 Va, com.. .No par convertible preferred——__100 7% Jan 187% 2,5001 25 34 Jan Jun 42* 71 Dec 21% 42 1074 4% 113'' 1,300 10 Va 103 i 81 100 105 25V Jun 2% 45 lOo - 50 Note preferred 1,200 ♦J^ 105 71 10b preferred conv Bank American Bosch Corp 104% Jan 20 3 Jan 4 6% cum 4 10 ■ ' 4 Jan 32% Jan 4 *40 106 34 : '■ 2,300 4 104 Jan 600 90 4 32%, *89% 43% s 200 19% 106 % 2 5,500 283 43% 693 247, 100 19% 106% 247 82 24% 29 43% Dec 102 3 82 247a 107% Dec 200 97% 43% 70 4,300 24% 105% 27 84 96% V2 Jun 27,800- 23 % 43 Jan 80 37a *80% 4312 20 1,300 37, 83 5,600 70% 24% 100 106 *4 51 3 V, 17 a 80% 3 Corp.__.No par Petroleum 16% 84 Amer Agricultural Chemical..No par American Airlines common ____JL Amerada 160 9.000 125 ♦693 84 •81 82 83 15,600 51% 3% 16% 69% 83 *96% 9% 211 % 3 Va 173 69% 37« 32% 24 3 3% 16% 69 % 38,500 23 % a 23 *120 125 17% 80% 25 100 3% 3 *513 71 8 3% 92 9% 211 207 3 *38 92 9 Va 4 34 24% 25 100 a 3 •120 125 10% 7,100 a 10% 10 51 24 17% 3% 97a 10% 51% 10% 23% *120 33% 400 44% 227a 70% 82 3 4 5,900 41% 44% 23% 17-% 837k 417, 41 Va 43% 227, *69% 378 •40 44 23 3 74 - 41 Va 43% 21% 70Va 4 2 44% 22% *51 125 3% *403 41 53% 3 43% 17T1, *88 —100 ___.No par convertible preferred 10% v 41 53% 3 22 3 8 4 2478 par coin.. a 10% 125 "963 preferred 100 Mfg common_No par preferred 423 2474 "32 5 common—No a 51ss 81J2 No pur Amalgamated Leather Co 5 Jan .25 20% 37« 100 _ Alpha Portland Cement 11 20% 3 3 3 17% ..—No par conv 20% 53% 3 "69 V Allis-Chalmers 374% 1,100 20% 33 1 15% j 3 20% "120 No par Inc -247k 203 53% 20% 100 Allegheny & West Ry 6°v . 53% *27a a 24 V4 $2.50 prior conv preferred-No par Allegheny Ludlum Steel Corp.No par • Shares a 53 % 53% for the Week 31 3 523« Sales Friday 20 7 .1 preferred A 54 V Thursday 20'2 3% "51 100 1 Allegheny Corp common. Sep 94 100 531, share 20% 107a 1 50 Ry 54 % 443'2 No pur Vlcksburg Jun Mar 4 per share S per 223/a 1 Alaska Juneau Gold Mining———10 Aldens Inc common —5 17 Vk 27% Jan. 27 $ per share '40 No par Inc 88 104 Jan. 20 J per share * per share 22- Corp. _lo S3 preferred w w 3 Dec 47a Jan. 25 *3 1 Corp Air Reduction 19 33« Jan 24 Jun Express Co. Corp new common 1 Affiliated Gas Equipment com 9 Jan 27k Wednesday Jan. *21 54',4 10 Addressograph-Multigraph 5 3 51 Tuesday Jan. *23 20'a 2.50 Admiral .5 Jan 227; Jan Dec May 57k 46 24 Co Motors PRICES Monday $ per-share 5 Acme Steel Co. ^ HIGH SALE AN* Saturday Jan. *21 Abbott Laboratories 11 Jan 211 27% Mar 35 * Par 21 3% Jan 3 xl73/a 54 % Jan 3 Oct LOW STOCK YORK EXCHANGE $ per share 13 17% 3% NEW Highest 107k 38 106% ♦52 21% *9% 38 37 37 106'% 106% 106% 53% *52 Va 53% 227« 21% 10% *10 22 5,500 49,500 210 130 21,000 530 1,800 50 200 8,800 10% 3% 3% *3% 3% *3% 3% 100 *38% 38% 38% 38% *38% 38 Va 700 1 8 COMMERCIAL THE (468) Year 1919 $ per share $ per share $ per Jun 29 Va Dec 26"% Jan 13 29% Jan 5 Jun 95 Feb 89 Jan 3 94% Jan 27 Jun 8% Dec Jun 77% Jan 38'% Jun 51'% Dec 94 Jun. 101% Dec 105'% Jun 7% Jan 13 48 Jan 26 27 76% Jan 20 Jan 9 101% Jan 24 Jan 24 113% Jan 9 112 52 conv Dec 15% Jan 20 Jan 9 Arnold 13% Jan 9% Jan 4 12% Jan 9 Artloom Feb 15% Sep 15 Va Jan 3 17'% Jan 9 Associated 19 95 Apr 109 Dec 105 Jan 6 109% Jan 20 6% 1st preferred.. 87 Apr 101'% Dec 100 Jan 4 102'/a Jan 10 7% 2nd NOV 47% Jan 13 49% Jan 25 Associates 105% Jan 100 % Jan 16 110'% Jan 20 97% Jun 105% Nov 103 % Jan 27 104% Jan 12 10 Va Dec 15 Jan 12 Va Jan 3 14'% Jan 11 45% Jan 9 Atl 47 Jan 41 Jan Feb 73 Dec 68'% Jan 23 70 % Jan 94 Mar Jan 13 89% Jan 20 Jun 30% 87 24 Jan 27 99% Jan 5 Jan 21 111 Dec 102 Dec 20 Jan 24'% Aug 22% Jan 19 42 Jun 58 Jan Feb 110 Dec 16 52% Jan 100 107% Jan 13 Jan Sep 20% 4% Feb 7% Sep 13% Feb 15% Dec 15 24 Powder Jan 5 19 '% Jan 12 8 Austin 7% Jan 10 Autocar Co 3 14% Jan 12 Automatic Canteen Co of 6'% Jan 12% Jan 4% Jun 7% Jan 5% Jan 3 6% Jan 7 Jun 44% Jan 37% Jan 4 40% Jan 9 Jun 15 Nov 14% Jan 5 15% Jan 25 Babbitt 8% Jun 12% Jan 11% Jan Avco 112'% *15% 16% 15% 11% 10%, 11'% *15% 16'% 10% 10% 49 48% 101'% 160 *111'% 112'% 110 *15% 16% 100 ' 10% 10% 10% 16'% *15% 10'% 10% 900 10'% 16% 16% 16% 16% 16% 16% 16% 109% 109 109 109'/a 109% 108% 109'% 108'/a 108'% 103 102 102 102'% 102'% 102% 102% *102% 104'% *102% 103% 100 49% 49% 49'% 49% 49»% 49% 1,500 105% 104% 105'% 104% 105% 7,900 104 103% 103'%. 16% 16'% 49% 49% 49 49'/a 49% 109 107% 109 107% 108% X102 104% 104% 104 % 16% 17 6,400 109% 109 330 4 *103% 104 900 104% 104% 104 % 12% 12% 12% 12% 12% 12'/a 12% 12% 12% 12% 12% 13'% 3,700 43'/a 43% 44% 44 45 43 Va 44 % 43% 44'% 44 44'% 11,180 69% *67% 69% 1 88 88 % 88 88 *86% 88% 400 36% 37'% 37 37% 38 38% 38'% 39% 17,600 110 110 109% 109% 109% 109% 109 109'% 101'% 100'% 100% 22% 100'% 100'% 100% 100% 100'% 100% 350 22% 22% 22% 22% 22% 22 "a 22'% 22 % 22% 2,700 54'% 54'% 54'% 54% 54% 100 *107% 108'% 108'% 108 % *107% 109 *18'% *18'% 19 *18'% 19 19 *7 7% *7 *15 15% *15 15% *15 5c *6% 6% 6% 6% 5 13% 13% 13'% 13% (The) common Mfg Corp 3 _ ._ $2.25 conv preferred. ___ 6 5% 6% ..No par *38% 40 *18 7 7 7'/a 7 % *15 15'% *14% 38 % 5% 5% 5% 13 5% 6 200 7'/a 1,100 100 15 6% 800 13'% 6% 6% 13% *13 13% 13 6I 391 *38% 6% 6% 6% 6%. 250 19% 15 13% 1,900 6 28,600 % 38 500 54% 108 108 18'% 7 5% 6 39 % *38 108'% *18 15 13% . .. 54'% 54% *108 18 6% *6% Amer _ *54'% 55 107% 18'% 107% 15% 6% 7% -No par . 54'% 54Va No par ($1.201 200 111 22'% 101'% *22'/a *68 *86 *67% 100% *110 111 101'% 69 % 88 37% 37'% 37% 37% 111 100 *67% 87% 68'% *87 88 69% 89 68'% 70% *68 25 common prior pref 34% 8 101'% *111% .No par 12 Jan 17% Mar Nichols Jun 101'% 112% No par 3 Nov 101% *111% 49% 108'% 100 _ 10 4% 101% 112% 49 16% A—100 series Jan 10% 48 % 101% 112 43% convertible preferred Conv 48'% 101% 112% 15% 15% *11 50% 101% 15,800 104% series B 15% Jan 24 25 2,900 100 Atlas Tack Corp. Jan 48'% 50 112% 49% common common._ 110 4% 48 101 74% *101 51 5 25 6% Jan 15 Lines preferred conv Atlas 1,400 75 75 74% 74 75% 74% 75% loo preferred Refining common.. 25 Jan 39,100 74% 74 77 107% Atlas Corp.: 4 Jan I SS Preferred $3.75 7 Jan 55 4% 310 9 % 9 No par non-cum Atlantic 5 101'% Jan 112% Jun 109 9 40% Jan 36% Jan Dec 42% Jun 93% 106 94% 8% 9 10 W & G 29% 94% 9'% *101% Inc 5% 29 94% 8% 8% 9 100 Topeka & Santa Fe com 5% non-cum preferred 5 Feb 29% 94% 8% * ——-10 Atlantic Coast Line RR_ Jun 77 28% 94% *15'% 1 Atch 53 28% 94 100 Co Investment 50% Jun 32% 28% 93 % 100 Feb T F 29 % 114 preferred., 80 A 28% 93 101% _ 30% 13 29'% 94% 8% 51 No par _ Shares 28% *113 Dry Goods common the Week 93% *75% 5 Inc Co Carpet Jan. 27 $ per share 9 *101 Constable Corp 16% 7% July lor Sales Friday Jan. 26 $ per share share 29 Va No par . $ per $ per share $ per share 93 No par preferred- convertible 13% Mar 11% 5 No par Cork Co com $3.75 preferred $4 Jan.25 ' prior preferred— .No par Armstrong Thursday Wednesday 9 23% 100 % 'k $6 11 100 % Jan Oct 114 Jan 9'% Jan 13 69 Corp common.. convertible preferred Armour & Co of Illinois corn 4 PRICES SALE Jan. 21 *92 10 Steel Armco HIGH AND Tuesday Jan. 23 $ per share Par $ per share share 19% 77 5 LOW 1950 Monday, January 30, Monday Jan. 21 EXCHANGE Highest 1 Saturday STOCK YORK NEW Range Since Jan. I Lowest Highest 49% CHRONICLE STOCKS Range for Previous Lowest FINANCIAL & 38 % 38% 38 GOO 38% B xl3 1 10% Jan , *14% 15 15 15 15 % 15'% 15% 15% *15% 15% 15V4 15% 18 Baldwin Locomotive Works.. _____13 12'% 12% 12% 12% 12 12'% 11% 12'/8 11% 12 12 12% 16,600 11 Baltimore & Ohio common 100 10% 10% 10% 10% 10% 10% 10'% 10% 10% 11% 10% 11 Vs 23,900 21% Jan 3 .1 12% Jan 11% Jan 3 9% Jan , 11 20 20'% 20 20'% 19 20 20 20'% 20 20% 8,500 22'% 22% 21% 21% 21'% 21% 21 21'% 21% 21% 2,000 68 % 68% 68 68 67% 67% *67% 68 45 45 44%- 46 *45% 46 1,900 18% 18% 18% *18% 19 300 39 *37% Ti IB Inc 7% Jun 14% Jun 22'% Jan 14% Jun 25, 60'% Jun 72 July 66% Jan 19 72 Jan 5 38 Jun 53 Dec 44'Va Jan 26 48% Jan 4 Barber Oil 21% Jan 16% Jan 3 10 Barker Brothers * Mar 36% Jan 16 56'% Dec 15 Sep 36 Jun 39% Mar 41 Jan Jan 19 21 . . 3 Jan 20 19'% Jan Oct 56'% Jan 4 % % 3 20 9 Bath Iron 11 % Jun 17% Jan 12'% Jan 3 13% Jan 9 Bayuk Nov 33% Dec 29% Jan 3 31% Jan 12 87 »/8 Feb 101 Dec 99 Jan 4 12% Nov 20 % •Jan 17% Jan 16'% Oct 21% bee 20% Jan Mar 86% Nov 74 Feb 9% 69 15% 14% Jan Jan *45% 18% 18% 37% 37'% .5 56 56 Works Corp. .. Beck Shoe 9 27'% 32% 30% Jun 37 Mar 32'% Jan 26 11% Jun 16 Feb 13% Jan 3 5 15'% Jan 24 Eeeeh-Nut, 12% 12% 12% 12% 12% 2,600 30% 30% 30% 30% 31 '/B 2,000 99 '/a 99 VB 99 VB *99 % 99'% *99'% 99 % 200 19'% 19% 191% 191/4 19'% 18% 19% 20 VB 21% 20% 21'/4 9,000 *21% 22 21% 21% *21% 21% 21% 21% 21% 23 23 23% 1,800 *80 81 81 81 *80 81 81 81 Jun 12% Jan 27 14 VB Jan 12 12% Jan 4 13% Jan 11 Bell Jan 16 87 Jan' Dec 34% Jan 13 37 Jan Jan 9 VB Jan 4 10'% Jan 17 21% Feb 27% Nov 25 Va Jan i 73% Jan 85 Dec 86 Mar Jan 93 1% 23% 25 Dec Feb May 23% Jun 129% Jun 22'% Jun Oct 9 86 Jan 3 6 25% Jan Co 1 86 VB Jan 25 Beneficial Cum 106 % Jan 12 1% Jan 4 2% Jan 11 27% Oct 26'% Jan 3 29% Jan 12 Best & 3C Dec 33 Jan 13 36 Vb Jan 5 Best Foods 30% Jan 13 33% Jan 139% Jan 21 140% Jan 13 Jan 11% Mar 28 share ... 28% Jan 11 Black & Decker 15% Jan 12 Elaw-Knox 8% Jun 14% Dec 14% Jan % Jun 15 Dec 13% Jan 4 14% Jan 12 Jun 25% Mar 22% Jan 3 27% Jan 11 Aug. 27 Jan 23% Jan 25 13% Jan 25 27 Jan 5 60 10 x24% Jan 12 Nov 4 16% Jan 9 19*% July 51 Dec 48 Va Jan 9 50% Jan 5 Borden Co 42% 59% Dec 56'% Jan 13 60% Jan 5 Jan Dec 35'/4 Jan 16 38% Jan 9 7% Jan 3 9% Jan 10 47% 28 Jan Jan 32% Jan 21 26 9% Jan 9 30 % Jan 11 20% Jun 29% Nov 28% Jan 16 29% Jan 7 Oct 33 Jan 26 Jan 25 29% Jan 6 Bristol-Myers Co Jan 36 Jan 13 39 Jan 26 Dec 11% Jan 13 12% Jan 3 40 Dec 39% Jan 9 40 Jan 3 Brown Snoe Co Inc Dec 102% Jan 27 103% Jan 24 27% 2,000 10 Va 10 10 '/a 1,800 10'% 10% 10'% 10'% 10 10'/a *10 AND HIGH PRICES SALE Monday Tuesday Wednesday Jan. 28 Jan. I I Jan. 5»5 $ per share S per share Jan. 26 $ per share $ per share Friday Thursday Jan.27 $ per share $ per share 28 14% 14% 3.200 13% 13'% 13% 6,200 13% 13% 13% 14% . *14% 14% 14% 14% *14% 14% 25% 26% 25% 25% 25% 2.5% 25 24% 24% 24% 24% 23 % 24% *23% 26 14% 25 14-% 300 25% 25'% 25% 6,800 24 23% 23% 1,600 14% 14% 56 56 56 56 V2 56 57% 57%' 58 % 57% 57% *58 59 22 22 21% 22 21 21% 21 21 21 21 21 21 1,310 16% 16% 15% 16 .15% 16 15% 15% 15% 15% 15% 15% 4,100 49'% 4,800 57% 7,900 5 2.50 15 *98'% 2 *35% 8% 28 99 2 36% 8% 28 49% 49 % 49% 49 % 49% 49 % 49% 57% % 98% 57% 57%. 56 Va 57 % 56% 57'% 98 % 99 99 % 99 99 99 99 2 2 2 36% % *1% % 361/4 36 8% 28 28 36% 8% 8% 28% 28% 8% 8% 8% 8 % 3% 29 % 29 Va 29% 29% 29% Nopar *28% 29 28% 28 % _2.50 26% 26% 26% 27 28% 26% *105 28% 26% 106 *105 106 __No par 38 38 38% 1__—1 12 12 % 12 39% 39'% *39% 39% *39% 39% *103% 104% *103% 103% 1031/3 103% 15 . No par 38% 12 % 36 Va 18% 29 % common . 28% *8% 106 T% 2 No par *105 49 Va 56% *99 38% 38% 12 Va 12 8 283a 28 Va 26 -105 38 % 12 Va *39 '102% 36% 8% 29 36% 8'/a 29 36 % 8'/a 32'% 620 8'% 2,900 28% 5,200 8% 8% 28% 38% 12 Va 39% 103% 28'% 26% *105 38% 12'/a *39 28'% 26% 106 39 12% 39% *102%" 103% 8 28'% 28'% 26% *105 38% 12'% *39 102% 19 Brunswick-Ealke-Collender—No par 24% 24% 24% 24% 241% 24% 23 % 24% 23% 23"% 19% Bucyrus Erie Co common 19% 19% 19% 19% 19 % 19% 18% 19 % 19 19% 19% Sep 1231% Jan 26 123% Jan 16 123% *123 123% *123% Dec 12% Jan 3 14 % Jan 14 7% $5 preferred (The) Co 100 ; Nopar common 3 76% Jan 9 341/2 Jan 4 39% Jan 24 Buffalo Forge Co Dec 17% Jan 13 19*% Jan 11 Eullard Co.! 29% Jun 36 Jan 34% Jan 3 36% Jan 11 13 20% Jan 10 76 Oct 741/2 Jan • 19% Dec May 95 Nov 94 Jan 4 96 Jan 12 Jun 91 Dec 87 Jan 24 89 Jan 9 18% Jan preferred No par 1 Co Inc conv 2nd 24 Jan 9 3 % % preferred 100 Burroughs Adding Machine_.No par 5 Bush Terminal x97% Jun 122 Dec Jan 12 Jan 27 Bush Term 9% Jan 13 11% Jan 23 Butler Bros common Jan 3 76% Jan 17 11% Dec Feb 3 Feb 17 Jun 71 3%4 Jan 13 9 Butte Copper & 21 Jan 25 24% Jan 5 Byers Co 103 Jan 5 105% Jan 24 23 Jan 3 Jan 14 4% Jan 98% Jun 201/2 Jun 26% Jan 30 Feb 36% Dec 34'A Jan 3 36% Jan 11 52 May 58 Apr 53 Jan 5 55 Jan 26 1 Jun 2 Oct 1 % Jan 3 1% Jan 10 24 (A 5% 95'/a 88 *86% 87% *84 86 *84 86 84 103% Jan 18 14% 14% 14% 14% 9% 121 14% 14% 14% 9% 9% 9 121% 121% 122 60 400 14% 6,500 9'% 8,900 122 . 100 10% 11% 10% 11% 10% 10% 10% 10% 10% 10% 12,500 *74% 75% 74% 75% *74% 75% 75 75% *75% 76'% 220 3% 3% 23 22% *105% 106 *1051/4 23% 23% 3% 22% 106 23% 23% 3% 3% 3% 3% 4 4 4 4 1,300 221/4 22% 21:% 22'% 21'% IO0V4 105% 105% 105% 105'/a 105 % 104% 23% 23% 23% 23'% 23% 23% *22% 23'% 500 35% 1,000 55 21 22 21% 105 3,200 160 par *35% 35% 35% 35% 35% 35'A 35% 35% 35% x34% 34% —50 35% Jun 40 Jan 5 Cons Copper Ry Co Breweries 3% *22% 100 — *541/4 54% *54'A 54% *54'A 54% 54% 55 55 *53% 55 1% 1% 1 % 1% 1% 1% 1% 1% 1% 1% 1% 1% 6,000 4'A 4'A 4% 4'A 4'A 4% 4'A 4'A 4'A 4'A 4% 4,300 Ltd Canadian Pacific Ry.". 20% 10 Va 20'A 10% No par preferred—1 Southern 14% 96% 10% 4'A 4 conv *82% 10% Jan 95'/a *86% 86 20% 101 18- *95% 88 *84 5 109'A Mar For footnotes see page 96% *86% No par Sep Canada Dry Canadian *95% Ginger Ale com.-1.66% 98 3 96 600 75% 5 Campbell W & C Foundry. 10 9,300 ,..1 Calumet & Hecla - 20'% 10% Packing common..No 7 Jan 20'/a No par 9 15% Jan 20'% 75% preferred 11 20 19% No par common 11% Jan 13 19% 15 21% Jan 16 19% 9 Zinc-Lead " 19% Jan 20 121 3 14% Jan 19% 9% 3 Oct 20% 121% 4 Dec 19% 91/8 4 Vb Jan 21 1,100 20% *120% 10'A Jan 15% 34% 9% 19% Jan Jun 34% 121% Jan Jan 35 *120% Jan 16 V* 35 121% 5% 10% 18% 35 % 120% 12% Feb Canada *18'/a 35 preferred..100 22% 11 39% 18'% 36 9% Jun Jan *39'% 18'% *35% 14% Jan 41 39% 18% 35% 83 Jun May *38% 18% 35% 9% 9% 41 39 % 13% 36 14% preferred_ $4.25 39% *18% 84 16% 4% Jan 38% 18% 9% Zinc___ Ml participating Byron Jackson Co California 75% 38 % __100 1% Callahan 76 % 18% 14% preferred Jan 1,500 76 38% 18% 1 Bldg 7% Dec 4% Mar 24% 105 4%% 38% 76 39 83 Jan 82 700 84 9% Jan Jun 26,400 76% 87 15 Jun 13% *95 84 60 13% *75'/a 88 6 122 13% 76% 95 3 120 13% *75 Va 95 18 20 124 13% 75 Va *87 8 % Jan 16,500 13% 88 13% Jan 70 2,700 20'/a 75 Va 96 82% Jan 123% 100 24'% 13% *86 Dec 123% 6,900 102 % 13% *94 Jan 16% '123 7.100 12% 39 % *38 __1 May 84 123% 39 13% 100 preferred 9 Apr Jun 13% 7,000 *75% 20 Va Jun 13% *123 500 26% *18% *35% 7 73 13% ,,100 ! preferred-. 124 28% 106 76 5 .. Burlington Mills Corp common 3% %, 13% No par Bulova Watch 4% *123 700 1,500 8'/a 31% 28% 28% 1,000 36% 8'/a 8% 26% *36% 2 32% 29 % 106 *1% 27 ...5 270 99'% ' 2% 2 8 Va 24% Jan • 830 —No par 20% Jan Budd 700 27 % 14% 13% 3 13 % for Shares 27% 3 13 125 Sales the Week 13% *27 18'4 Jan Dec 3% 200 27% 10 140 221% Jan 18% 6 % 140% 27% 10 Dec 35% Apr 140% 27% 27% ' Dec Jun 70% *139'% 27% *139'% 27% 24 Feb 77 140% 27 27% 24 12% 13% *139% 27% 141 *139 14% $3.60 preferred 26i% 61% July 140% 28 800 13 3 Brooklyn Union Gas Brown & Bigelow Feb 32'% 56,600 100 105 Dec 12% Jun 4,600 33% 13% preferred Dec 39 Jan 7% 34% 32'A 13%. —_ Jan 120 26% 34 % 32% 14% common. Jan Jun 26 % 35 31% Corp_.No par Manufacturing 18% Jun 26% 34% 32% 27% (assented)—100 98 13% 26% 34% 31% 26% 27'% 14'/a ___ Briggs & Stratton 25% 15% 26% 34% 32 27 % Bridgeport Brass Co.. 3 13 102% 300 351.4 2 14 Va Brewing Corp. of America..—. Jan Jan Jan 16,300 1% 2 1% 2 28 Inc 8 95 1% 27'% 109'% 141% Bearing Co 28 291/4 Mar 300 1% 32% 57 Airways 3%% 108% 108% 34% 49 Apr 18 *107% *107% 32% 49% Jan 105% Jan 2,300 88 % 88 26% 57% 32 13 108% 108 4,800 *86»/4 *86 35'% 49% Jun 1051% 86 VB 9% 25% 28 _ Jun Briggs 86 % 8,600 9% 25% 34% 57% Roller Bower 25% 88 *86 25% 9% 25% 9 14% Brass Boston & Maine RR Bran iff 25% 25'% 25% 36% % 25% x26% 15 (Thei 6% 9 36% 9% 9% 9% 27% 1 21% 9% 37 9% 10 88 *86 Corp common,,.. 5 pieferred ____.i_100 3% % 9 11 8% Mar 38 35 Va 36% 36'% 36% 14% Borg-Warner Jun 25% *84'/a 27% Class B 38% Mar Jan 37 87 14% Bond Stores Inc.. 2% Jan 36% *84'/a No par Jan 3 15% Jan Jun *84'% 87 27% class A..—-'. Ami Co 3 191/4 Jan 100 87 *84'% 35'% *24% 53 Va Jan 4 *84% 87 27% 5 Jan 3 1,000 87 12'% 35 Bohn Jan Jan 12% 13 1% 13% 32% 2 *12% 13% *12% *108% 25% 64 97% Jan 12% *13'% 2 *14% Aug Jan 300 *12'% 13% 110 1 Aug Dec 1,700 12% 1% 5 Bon 1,800 15 12% *108% 2.50 & 32% *14% 13% 14% Inc Aluminum *32 V4 14% 27% Co.._J IE W) 32'% No par :—: Bliss & Laughlin 1 32'% —No par Mfg Co Co 360 1% Boeing Airplane Co_.._, Bliss 5 9 17% 6% 13 LOW Par 4 13 3,700 13 Jan.21 $ per share $ per share share 8% 31% 13 *13% 30 81 8% 31% 110% EXCHANGE 1414 Jan 25 Va 12% 32% 32% Saturday STOCK YORK. NEW Highest 26% Jan 26 15 13 31 1% *109 No par Electric Co Jan 21% 88 *86 32% Nov 98% 25% 25% ] 39 % 15% 1% Mar 14% 9% 32% 30% 91 % May 15'% 36% 139% Jun Apr 32% 14% 9% *27% . Jun 13% 32% 15% 36% 100 (Del) com.. _No par preferred 10% 50 1 _ 22% 21 32% STOCKS Lowest Highest $ per 32% *14% 9% No par 7% Range Since Jan. L Year 15)1!) $ per 87 *30 8% 14% 8 31% 31% *12% 8'% *30% 8% 31% 8'% 7% 30% 8% % 27% of 1948_No par ser ! Co Bethlehem Steel 17 11'/a Jan 3 9% Jan *84 Birmingham 9 26 13% 13 13 Bigelow-Sanford Carpet 12 Jan 31% Mar pfd $4 div Benguet Consol Mining Co.. 18 pesos 11 Dec . Cum 9 Jan 33% 141 109'% Jan' 10 Loan common pfd $3.25 ser of 1946.No par Range for Previous Lowest 100 —33'/3C Appliances Indus Dec * 15'% *80 81 *80 8% 30 36% Home 2% July 109% 33 *13'/a 10 common preferred Bendix 7 12 4'%% 30 30 5 11 98 8'% 8% 1 _ _ Bell Aircraft Corp.. Feb 37% 19'% 151/B 17 Apr 19 99% *32% 3 6% Jun 18% 19 19 99% 1 Feb Oct 18% 4,900 *99'% ... Jun 6% 4,600 19% 99% Packing Co.——_ ——10 10% 85 56 '/4 19 *99 VB 50 11% 26 56 19 12% 100 Corp Howell 50 56'/a 18% 30% . Belding-Heminway & 38% 56 18% 12%" 4%% pfd (A Si Aireraft 39 56 30% Beech Creek RR 34% Jan . Beech 39 56 12% 23 26 *38 56 30% 81 Jan 39 56 12% 3 - 9% Jan *38 56 30% $1.25 div conv preferred- ..No par 31% Jan 38 56 12% 27 3 38 30'% 26 12 18% 12% 21'% Jan 7% Jan 18% 30% 23 '/a Jan 29'% Jan *43 % *18% 12% 6 0 Feb 130 % 45'% 19 30% convertible preferred _—100 2.50 Beaunit Mills Inc Jan 68%' 46 *18% 12.50 — 3%% 10'% 68 45 ' 1.400 No par common,. 5 Jun >% 19 19 1 __ Inc Foods Co Jan Jun < 46% 10 Co Cigars Beatrice 6% * *66'% 10 preferred (Delaware) common 3 Jan 100 100 50 5% Corp Oil 26% 22% 22% 67% preferred Barnsdall 20% *20 100 1 Aroostook common—50 & Convertible 19 ... preferred non-cum Bangor Jan '26 39 54% Jan. 10 4'ic • 22% Jan 23 . . _ *102 102% 102 100 *41 42'% *41 . No par .25 *19% 15 20% 10% 102 42% 20 19% 19% 15% 15 15'A 20% 20'A 19% 20% *20 20% 50 20'A 3,100 10% 10% 11,100 102'/a 102% 290 20 10% 10% 10% 10% 102% 102% *102% 103% 103 *41 42% *41 42% *19'A 20 *19% 20 19% 19% 200 15% 14% 15% 35,000 *41 *19% 15 42 20 15% 14% 15 % 10% 14 Va 10% 103 *41 42% * ' Volume 171 Number 4877 THE COMMERCIAL NEW Range lor Previous Highest $ per share " 40'A Jan 51 12'A Mar 50 5 Nov 9 !a Jun Jan 10.3 ' 19 10 Jan 8'/a Jan Ieb Jan 50 11 33 Dec 31'% Jan 35% J a xi 30'A Jan 13% Dec 17 Vb Jan . 307-i Mar 6 30 Sep 36 j 8% ,Jun 131 .'• Jan 26% Nov 8 , 45% Aug Nov ■ 37% Dec 104'% ( Jan Clinch Carolina 11 16 Jan 5 48% Jan 24 3 35% Jan & Case I) (J !'/>• 12 preferred 23'% Apr 34% 97 Apr ;105% Dec 104% Jan 3 107% Jan 25 S4.75 Jun 132% Dec 130% Jan 13 135 Jan 37 3 21 Jan 10 Dec 13% Jun 2674 Jan 15'% Jun 18 7 4 Jan xl7 1474 Jun 17 Jan 15 7'A May 3 11% Mar Celanese 5 4 17% Jan 7 5 ';(> Jan 3 16% Jan 9 Central 3 9'A Jan 10% Jan 9 Central 3 4% Jan 27 Central of 3 17% Jan 11 9'% Jan 12 10 Jan 36% Jan 12 112% Dec 111'A Jan 6 112'% Jan 16 4%% 8 Oct 11% Oct 7b Jan 25 11 % Jan 9 Central Dec 14% Oct 12 7b Jan 26 13% Jan 9 Class B 16% Jun 14'% Dec 14'/8 Jan 13 15% Jan 21 Central & Central Violeta 9'/a i 9 100 common-. Co No par vtc_. of A Jan 18'% Jan 3 21% Jan 7 Cerro 16% Jan 20 Sugar Pasco 15% 15% 16 % 3,200 9% 9% 9% 4,100 4% 4% 47b 16% 16% 16% 3,200 16% 16% 16%. 16% 16% 16% 16% 17% 11,000 9% 9% 9% 9% 9% 9% *9% 9% 9% 974 3,500 3 6'A 4,300 8 Jun 9 7 May 12 u 93/b Jan 3 74 12% 15 14% 15% 15% 15% 15% 16 15% 11'A Jan 9 Class 111 *7% 8% *7% 8% 7% __5 20 v2 20'% 20% 20% 20 % 20 16% 16% 16% 16% 16%. 16% *29% A 30>/8 40 10% Jun 87b Jan 7'/a Jan 13 87b Jan 6 Jun 347b Dec 30% Jan 12 3 4 74 Jan 4 15 Jan 11 Jan 13% Jan 3 Dec 36% Jaxi 27% Jan 3 Jun 29'% Mar 267b Jan 25 55% Dec 53 % Jan 17 Jun 41% Dec 397b Jan Jun 82 Dec 79 Jan Nov 12'A Jan 10 13% May & 5 5% Chicago 55'% Jan 6 $3 13 44% Jan 18 Chic 14 87 27 13'A Jan St A Year preferred Rock Is Lowest $ per share $ per share Jun xi3i 274 16% Jan 137b Jan 574 Jari 37b Jan 4 16 Jan 23 Chic-kasha 10 Childs- Co 5074 Jan 11 35 60 Jan 45 3A Jan 3 30% Dec 36 Jan ! 30 74 Jan 5 44 % 13 68 74 Jan 5 4 32'4 Jan 26 ( ' 34 Jan 16 5 74 % Jun 68% Dec 62% Jan Apr 32% Sep ' 30 97 '/a Jan 105 7% Sep Feb 29'A Dec 26 Jan 24 28'A Jan 9 42'% Jan 59% Dec 58 Jan 13 6174 Jan 24 Jan 14 13% 13% 14 14% 14 22% 23% 21% 23 23/ 2 3'A 23 8% 8% 8% 8'A Cotton 103% Jan 4 106 14 Jan 4 C % I 3 8 % Jan 14 Sep 82 Jan 3 86'A Jan 11 3174 Jan 13 33 7b Jan 4 197b Oct 17% Jan 7 1874 Jan 18 25'% Jan 20 Jan 10 Claik Jun 307% 85 Jan 28 C 36% Mar 108 207b 105 fil'% 5 ft 43 Vb Jan 3 109 74 Jan 17 Dec 27'% Jan 13 29'% Jan 9 Cleve Aug 107'A Jan 18 107 7b Jan 18 5% 28% 108 Dec 73 Feb 62% Jan 3 67 7b Jan 43 Jan 37 Jan 4 39'% Jan Jan 12% Jan 3 14.'% Jan 21 ' ' 24 7% Jun 35% Dec 1017b Dec 105'A Dec Jan 13 37b July 57b Jan 4% Jan 25 307b Feb 25 'A Jan 3 707b Jun 327s Jan 101 141% Sep 138'% Jan 82 % Jan 77 % Jan Jun 172 Sep 64 July Jan 297b 12 % 12% 12 12'A 12% 12% 127b 12'% 5,500 28'% 28% 28 28% 28% 28% 28'% 2874 3,600 27 273/8 26% 26% "26 % 26% 267b 27 55 *54 55 Jan 26 5 27 Jan 139 Jan 79 7b Jan 11 43% 43% 43 43% 43 43% 42 84 % 85 84 % 85 84% 85 84 No par 12% 12% 12% 12% 12% 12'% LOW Par t 10 Wednesday Jan. 25 $ per share $ per share $ per share RR 4ft 23 Jan 3 4 Class 3 45'% Jan 11 Jan 43% *48% 49% *48 *31% 33 *31 Va 32 .—25 64% 65 64% 65% 64 Va 65 8.50 30% 31% 31% 31% 31% 31% 31% 32 317 b 32% 104% 104%. 104% 104% 104% 104% 104%' 105 104% 104'% 26% 26% 26 Va 26% 26 26% 26% 26'% 2674 26% 26% 26% 1.900 60% 60% 60% 61 60% 61 % 59% 60% 5 9'A 60 59% 60% 7.100 com —No par 16 15 8 8 *7% 8% 7% ,*83% 85% *83% 85% *83% 32% 32% 32% —5 20 Co 7% Fob 99 Jan 14 Jail 177 b 42% Jan 16% Jan 13 ' 100 Jan 9 1974 Jan 20 gtd *18 18 % *25% *17% 26 *25% 170 *65% *43% *120 75 *65 44% 27% *106% V2 43% 111 109% 27% 28 108 *106% 108 Jan 157b Jan Jan 167b Jan 18 7b Jan 12 Dec 16 Jan 13 20% Jan 27 8 'A Jun 177b Dec 16'A Jan 13 22 Jan 27 4ft non-cum 1st 77b Jun 16% Dec 15% Jan 13 20 74 Jan 27 4ft non-cum Fuel 5 ft & 17% Jun 29'4 Dec 28'A Jan 3 317b Jan 17 Columbia 167 b Jun 28% Dec 28'A Jan 13 317b Jan 17 Class 12'4 Jan 13 Jun 13 Dec '77b Feb 13'% Oct 12'A Jan •! 4?'A Mar 68% Sep 63 Jan 267b Jun. 32'% Oct 31 % Jan 187b Jun 22% Sep 20 74 Jan 31% 15,800 104'% 7% 7% *7% 8% 85% *83% 85% 32% 3 3 '/# 33% 33 % 18% *17% 26% 75 120 75 *65 74 44% 447b 10.7% 109% 109 7b 28% *28 43% 109% *28% 28'% *106'% 108 *106'% 28 108 68% *68% 69 *67% 63 *38% 39% *38'A 39'% 14% 14 '/'a 14% 13% 106% 14 Va 14 75 Columbia Gas Columbia Pictures *67% 69 39 74 34% 34% 33% 34% 34% 104% 104% 104% 104% 104% 5 *4% 4% 4 % 47b 25% .25% 25% *139 25% 142 *78% 161 *139 78% 160 53% 139 142 78% 161 % 53% 25'A 25% 79 No par 53'% 160 43% 53% *1220 53% 19 Va 16% 99 19 Va J3 18 16% 43 78 % 16 % 19 Va 16% 139 78% 160 53% 78% *78% 53% 160 53% 53% 99% 18% 18% 17% 16% 16% 5,100 1,860 474 1,500 25'A 2574 139 1,100 139 79 79 160 1607b •54 5374 139 20 79 700 160% 1.800 537b 2,930 4 2'A 42% 6,100 997b 99 997b 110 18% 18% 18 74 18% 3,400 15% 27.400 43% 42% 97% *99 3474 105 43 220 42% 7% 47 b . *99 74 *1220 43% 99 % . 137 160 43 99 , *137 160 *1220 43 99% *99 43% *25 34 104% 9,400 18 Va — *1220 « 16% 16% 15'% 17% 17'% 17% 17 if 1i 1 r')'n T7% 1^% 16% 17% 17 17 100 17% 17% 17% 18% 18 18% 18 19 18% 20% 20'% 20% 3.480 preferred- 100 17% 17% 17% 19% 19 19% 19% 19% 19 74 20% 21 22 4,530 preferred—100 *16% 17% 17% 19 18% 19 18% 18% 18% 207b 207 s 20 74 1,710 30% 30% 30% 31 % 30% 29% 30% 30 307b 30% 30% 6,600 31 31 30'% 30% 30'A 29 % 30 297b 30'% 30 % 30% 4,900 System —20 2.50 Inc—No par common-No par 3 337b Jan 10 Columbian 4 22'A Jan 27 Columbus Jan 25 27% Jan 10 57 74 Jan 16 61% Jan 10 19 108'% Jan 5 21'% Jan 3 Commercial 31% Jan 6 Commonwealth Edison Co $4.25 cum preferred w No par w Co——;—No par Ohio So *1220 139 78% 160 25% 34 % 105 10 14 74 Ry com 6 & 14 47b % 210 108 *38 7% 104 25 4,100 400 *106 7% 14% 5 25% , 4574 677b 104 par 75 39% 14 5 5 1,400 1097b 67% 104 34% 400 2674 *38'A *4% 34'% 800 1.600 287b *28 108 34% No par Jan Carbon 45 1097b 28 7% 33 74 170 *6574 45 250 18 74 *120 109% 103% —2.50 5 18 26 26% 70 86 33% 170 1 34% 48% 77b *84 18 *25% 170 *65%, 44 18 26% *120 39% No par Broad Sys Inc cl A 24 64 3174 104% *67% com__No par B 12% Jan 4 36,700 *38% Corp com_-No par 137a Jan 10 i- Iron Southern & 230 637b 14 % 100 preferred—. conv 3174 63 68 % No par Corp 2nd Colo Colorado 31'% 63% 39 % No par Corp 177b 11 31% 63% 14% 100 — Aikman 197b 17% Jan 31 64 % 100 com Internatl 19 ' 31% *67% — preferred (The) Jun 4 49'A *38% ; _——— 2nd Jun 4 *48 50 1 — pfd—1 — & 49'A —50 1 preferred $3.50 2,200 *48 ' 31%. 18% 43%" 109'A 28% COO 3% *83% 170 *65% 44'A' 15% 374 63% 26% 25% 75 *15'% 37 b 7% *120 110 151/4 3% *48 33 *17% 18% 26 170 15'A 3% 85'% 33 33 15% 3% ■ No par stock Colgate-Palmolive-Peec Collins 3% 49 % 100 i„ 15% 16 .v.. _No pau¬ A Coca-Cola Dec Dec 100 Shares 33 16 —1 Co $ per share 49% Inc— conv Coca-Cola 54% Jan 165 $ per share for the Week 49% preferred 21 Jan. 27 *31% 100 gtd Jan Sales Friday Jan __„-25 Co Louis Pitts 537b Jan Thursday o *110 cum PRICES SALE Jan. £4 3% Peabody & Co com——No 4 ft 1,500 3% Foods 7ft 3,200 12% 15% Clopay Corp 6 87 12'% 3% Clinton Cluett 8574 12% Tuesday preferred———100 Illuminating com__No par preferred i__—No par cum 85% 12% 10,500 15% preferred % ft 44'A 3% Molybdenum 4 437% 13 *12% 43% 85 Jan. 28 $ per share 1,100 54% 42% Monday *120 & HIGH % *54 85 % Jan. 21 Ry Co com—100 Special AND 43 % Saturday Graph Bronze Co common—1 Cleve *54 55 *15 % Climax 12 . *54 55 100 . Jun 9% *54 55 Co__No par common- 7% 12% 15 *53 A Elec $4.50 7,500 12% ' 1075 Feb 89 160 5 Jan 5'% Jan 105 5 Nov 26 347b Jan „ 4 Nov 54 xl37b 13 July xl24'% 1075 Cleve 20 15% Dec 133 17 20 Jan Aug 21% Jan 46 11,600 27% non-cum Dec Jun 11074 Jan St & 1,500 77 b 3 2'A 28% preferred Equipment C 43% Jun 10'% Investing Co 112'% Oct 36 74 C 4% 7% 12% — Mar 47 b 317b 7% 32 27% City Products Corp city Stores Co Nov 3,500 100 Dec 2074 12,200 8% Machine Co___10 Milling 86 5%% 4% Va 8,500 2 3'A 28% Financial Corp—: 34% City 7 31% 14',b Va 8 % 8% 4% 7 % 32% 46,800 12% Elec Jan 77b Jan 7% 31% 137 b 27% preferred T 4% 4% 7% 32% 13% 28% : Cincinnati 4 7% 32 8% 2,500 12% —l: & Jun Dec 4 8 32% 8% 500 10'% 27% STOCK — Gas Feb 67 7% 32 % 13% 107 b ' 100 67 b Jun 7% 32% preferred 79 % 16 4% *4% 7% Oil 25 8% 4% 13% 200 5 28% RR YORK Corp 10% 13% 40,400 85 *4% par 'Chile Copper Co—— Chrysler *10% 300 30% *84 4% 23% common— Cincinnati 10% 30 85 8% ' 26% x20 Pac : 4'4 Jan 10% 2574 22% 32% preference—No par $ per share 4 Jun 10% 9'A *25 30% 4% 140 *8 7b 8% 4% EXCHANGE Jun 10% 30% *83 . 300 2,500 100 & NEW 4% 29% com__No par Tool preferred series Chicago Yellow Cab Highest 30% 83% 4% 9% 25% 24% 10% 100 Conv 13- 30 83% 4% *84 5 No par : Pneumat convertible Range Since Jan. 1 Highest per share vtc P vtc *8% *25 8% No par & 30% 85 % 4% 85% STOCKS I!) I!) Lowest Paul preferred Chicago & North West com—No 5 9 2j A — Milw Series 28 % Jan Jan Ry Co cl Class B^ Chic 307b Jan . Louisv 8% 25% 23% 50 25 preferred 100 8% *25 200 34 99 12% 9 Ind 34 99 13% 9 5% 30% 29 % 34 99 13% 21 Chic 30% 30% 30 33% 13% 47b Jail < 30% 30 337b 100 13% 97% Jan • 9% 8% 30% 33% *99 13% 24% Jan 3 5 *29% 33% 100 13% Nov 3 30 33% '99 13% 20'/a Jan 11,600 13% 13% 4 16% 7 % 13% 12% 73/b Jan 167b * 8% 10% l 19'A Jan 3,800 16',a *7% 10% Chicago Great West Ry Co com-..50 Jan 19% 16% 25% 5 Chicago Corp Jan 1974 16% *25 *84 23 5% 19% 16 25% 5 26 10 19% *25 86 7,000 20% *9 5 25,700 15'% *7% 9% *84 15 15% 19% *9 100 (The)— *29% 100 xl4% % 25% *25 13% Jan . 2,100 7% 9% com.._Nopar Co - Range for Previous V. 9% 30 34 33% *99 99 14'A Jan 5674 • 99 ——1.25 preferred RR 14'/8 15% No par convertible East 5,400 13 15 15% 15% 16% 14% 15 % 30% & 60 11 ' 12% No par 1 112 10% 12% 12% 15 34 374% 12% *111'A 9% 12% Copper Corp Mfg— 35% 112 9% 12% Co preferred *17 36'A *111% 9% 15% *29% Chic 112 9% 12 % *33% 9 35% 36'/a 111 % 15 No par 12 35% * 9% 15 % Champion Paper & Fib com—No par 12 36 % 112 9% 13; Chain Be.t Co Jan 35% 112 14% 11 57b Jan 36 % S-% *12% 13 257b , 10 13 49'A- Jun : 112 9% 117b Jan 9%, Jun »„, 35% *111% 10% 12'A Jan 24 I; ! 36% 111% 10 Dec 217b ■ 36% 111% Dec Jun 47b | 9% 13% Jun 17 V *16 . Feb 3 V Va 14 57b $ 4 Feb 12%. Jun 1 * 20 30% Jan ,84 10 *17 —5 Chesapeake Corp of Virginia— 5 Chesapeake & Ohio Ry common..-25 6 600 4% 18 5 80 17% 9% 25'% Jan 3 17% 5,800 15% 4 Jan 17 400 19'A 4% Jan 4% Jan 17'a 19'A 9% Checker 82 19% 15% 10 28'% Jan 19% 9% 97b Jan Feb 19% 19% 4% 13 Jan 135 15% 8'A Jan Jan 107% 135 4% 5 5% 10,800 32% 107'% 9% 3 85 33'A 32% 107% 134% 107% 134 15% 13 343y 32 % 107% 134% 107% 134 4% Jan Nov 200 9% Products Cab 8,800 15% 98 Certain-teed 60 32% 104% 4% 29% Jan 3 7%' Jun 19% 145% 32 V8 *104% 32 % 104% a 9% 30% Jan 77 19% 32% 1457b 38,100 4% Dec . 20% 32 107% 134 *132 145% 32 % 104% 200 1,300 % 9% Dec 24 19 Va *145% 33% 104% 47 46% 4 "4 98 7a Jan 20% 145% • 47% 8% 10% 31% 28 % 132% 46% 37 8 % 17% 317b Nov 132% 47 % 32% 18 *36 8 17% 91 17',2 July 37 % 8 16'/# Dec 27 2.200 18% *36 17% Nov Dec 18'A *18 15% 16'% 9% 200 8 *104 33% 134 % 20 4,800 32% 17 % Jun $4.50 32% 108 107% 32% 32% 18 *145% 33% 104% 108 % 32% 32% 37 % 46 145% 33% 104% 33% *107 33% 32% 17% 22% July 18% Jun Aug 32% 33% *145 34 60 5,200 16 50 com Century Ribbon Mills— 21% 27 145 9'% 105'A 33 8 105 33% *104 17% 48 % 9% *104'A 9.50 Corp 3 5% 33 Va 47% 9 % 105% 32 % *36 8 110 9% 1 West 24 Jan 18% 57 33% *32 37% 200 16'% *55 104% 104 32 % 49'% *16 ,50 South 87b Jan Jan 18% *36% *132% No par class J 167b Jan 347b Jan 33 % 32% 49'% 16% 56 56 9% 1 49 *16 for Shares *17% 100 N 3 31 33% 8 9'A 104 *32'A 43'A 145 34 % 105 104 *107 1 Co 24 100 33 % 33 46% 9% - 49 i<-;% 58 Sales the Week *15% Co 73b Jan Jun 19 9% *103'/4 50 . Friday 5 Co 12% Jan 13 32 % *32 V* 144% 34 No par Oct Jan *143 *104 100 Dec 15 18% *37 lo _No par 8% Ve 33 100 • 13% 9 33 Va 32 % 104 47 % — de *103 45 '% Feb July 104 33 % * 9% 9% 8 6'%-July 14 7f 56r *56 18% preferredRR *16 9% *49 37 Ry 12 16% 58 8 5'/r< preferred series B vtc100 Central Hudson G & E Corp No par Central Illinois Light common—'_*• 3 10 *49 *16 *56 18 % Foundry Jan 35 % Jan 50 % 16% 56 Thursday 20 Jan Dec 50 % *16 37 Sugar 4 Dec *49 17 58 8 % Aguirre Ga $ per share 50% 37% preferred 15 974 Jan $ per share 3% preferred Jan 36% Nov $'per share no3 lo Corp of.Amer.com 1st Jan „ Jan. 27 $ per share 4-1 2nd preferred Celotex Corp common Jan 6 674, Mar 1047% 34'% Jan . Jan. Vfl $ per share 9% series——50 Corp „r—j 24% Jun Jun 33'% 13 Jan 31 • Jab, 25 *56 ___5 4.20 '/r PRICES Wednesday *49 _No par T'r 187b Jan 100 Light Caterpillar Tractor SALE Jan. 21 common—:—_25 Co Preferred Ry Co General HIGH Tuesday Jan. 23 016 74 1 y. Ohio & AND Monday $ per share ,—10 Corp common preferred 4% Conv 10 105'% Jan Power Carriers 27 145 % Jan 18 •Carrier 14 8'A Jan 27 A- Carpenter Steel xll4 127^ RECORD Jan. 21 No par A. common—.1 class 20 1 3 32'% Jan , •Carolina 26 19'% Jan 13 140 Dec Admin preferred A Capital Airlines Inc (469) Saturday $3 Jan 38 4 xl04 % Jan ' 17 Mills Capital '< 337b Jan 6 . Jan Jan Cannon 9 33 ■ 6 Jan 38 Ve Jan Nov 146 Jun 100% ' 3 7% . Feb 9 105% Jan • 3 12% Jun CHRONICLE * LOW STOCK Par 19 10 13 25%; Jun Jan 17'A Jan 56'% Jan ■ 13 102 YORK $ per share 3 15-3/4 Jan 56 uct »A, Feb 267b' Jan 48 Dec 56% , STOCK EXCHANGE Highest $ per share y Dec 16% Mar 100 Lowest $ per share - YORK FINANCIAL STOCKS NEW Lowes ta & Elec 5 Co 12% 12% 12% 64 32% 21 % 12% 12-% 64 13 12% 13'A, 'A 130 Va 30 12% 12% 12% 12% 12% 16% 12% 15% . 12'A 4,700 12% 50,300 13'A 13% 12% 13% *63% 65 % *63% 65'A *63% 65% *63 7b 32 % 32% 32% 32'/a 32% 31% 32 'A 3174 32 31% 32 3,000 21V4 21% 21% 21% 21% 21% 21% 21% 217b 21% 22 74 5,000 25% 2,400 13 13 64'% 13 13% *63 7b 64 74 * 5,900 300 Combustion Engineering 21'A Feb 27% Dec 76% Feb 60% Dec 95 Jan 107'% Dec 25 * 105 ,Jan 137b Jun 2074 Dec 19 Jan 13 25 7b Jan .30% Dec 2974 Jan 13 77 b 1074: Jan 30% Nov 27 ,Jan 3 28'A Jan Feb 3474 Dec 327b Jan 16 2% ; ! 3 Jun Jun 474 Jan 217% f Jun 24% 25 Va Feb 297b Dec 27'% Jan 3 Oct 1077b Jan 19 1087b Jan xl06 Apr 11 10% Jan 3% Jan Jan 13%: Jan Sep 11 Vb Jan 427b Jan Feb Jun 7 74 Jun 8 Jun 29% July ■21% Jan 30'% Jun 1,400 Edison of N — 13% 44% 17 Jan 3 9 19% Jan 24 Jan 24 37% Jan 27 100 Cuba Power Co 44 4 4'A 44% *13 1,900 13% 13% 13Va 12'% 12% 127b 12% 1,000 1.100 44% 45 % 44 6,000 44 44'/8 43% % 44% 17% 17% 17% 17 17% 17% 177 b 1774 11% 11% 11% 11% 11% 11% 11% 1174 117 b 1,700 Inc—,—10c 10% 10% 10% 10% 10% 10% 10% 10% 10% 11 11 11 Va 4,600 10% 10% 10% 10% 10% 10% 10% 10% 1C.% 10'% 10% 107a 10,700 34% x33% 337b 12,300 -1 74 34% 34% 34% 34% *17 34% 33% 34 33% 1,900 111% 111% 111% 111% 111% 112 111 % 111% 1117 b 112',% 110% 110', 110 110 110 110 110 110 100 Corp of America com—20 4't. preferred -1 -——100 41 41 41 Va 41'A 110% 41% 42 3,600 104 *102% Container Continental $5.50 Baking 19 99 13 23 Jan 7 874. Jan 3 9% Jan 9 Continental Diamond. 567b Feb 787b 7574 Jan 13 787* Jan 11 Continental Ir.suJ-ance Can Inc 20 36% ,——No par Fibre—__—5 *1,02 % common preferred- 1—. 10 8% 76" 8 104 8 41% *102% 19 19'/a 19 99 99 35 74 Jan $3.75. * 19 No par 102'%. Jan Continental *102% 112 Co com__No par preferred; Dec 12% 110% Dec 18 13'A 12 2,100 69,500 110 Dec page 13% 12% 3% 29% 108 V# 17'A 34% 9% see 13'A 12% 3'%. '29 Vb 108 110 .37% For footnotes 13 'A 12% 3% 29'A 108'/a 11% *111% 102% Dec : 13% 12% , 1 *3% 29 108 Va 17% .—No par preferred Jun 103 3% 29% 108 —No par $4.52 Jun 1 3% 28% 1,000 11% com—_No par ►$4.50, preferred—* 6% 95 • 108 10% 11% Stores Co 29% 107%. 10% *17% Consumers of 3% 28% 107% • Inc—:-l 33 RR 3% 29 108 10% *13'A 44% 6ft .pfd——100 Consolidated Vultee Aircraft-. 9574- Jan 28% 107% 12 9 Dec 3% 3% 13% 11% Jan Dec 3% 12 25 1774 10% .Corp 5 Consolidated Natural Gas—-——15 Laundries 10'A Jan x98 10% 2,700 Apr 20 10% 107 b .12% 103'% Jan 10% 36 Textile 1.1 11,100 28 Consolidated 10174 Jan 30% 107 a 17 Nov 30% 35% 11'% Jan 103 30% 28 3 Jun 30% 10'% Jan 93 30% 28 10 27 30% 35'% Dec .Jan 30% 27% 107b 42 30% 34% Retail 3 30% 5,300 27% Consol 3874 Jan 9,500 34% Consolidated Dec 1974 27% 9 ■41% 19Va 34 9 Jun 197% 28% 18%-Jan 27% 19% 34% 3% 12% Jail 3 19% 28 3 4 19% 34% 13 27 20 28 Consolidated Jan 19% 34% 10 3474 Jan 1.250 20 28 26 111 607b 106% 34% 26 112 %■ Jan 60'A 106'% 60 34% 1274 Jan 9 25'A 106% 59% 28 29 11 25Va 106 Va 60 10 % 108 131 25 105% 59% 34% Jan Jan 25% 105% 59% *27% 28% 110%- Jan 25 106 *10% *107% 109'A Jan 25% 59'A 105% No par Publishing Co Consolidated Y com—No par Dec 25% 59% Inc————No par Nast Congoleum-Nairn 1674 Jan May 106 Cigar—^———No par Consolidated Coppennines Corp—5 .Conde $5 px-eferred r.—No par Consolidated Grocers Corp—1.33% Dec Jan 30','4 Consol 113% Jan 30% 6 11074 13% 30% 11 Api- 85 25 27 Apr ; 19% Jan 1037% 1 20 Va 1 25% 106% 20 Jan 105'% ; 59% —-—No pax- Solvents 457b Jan < 25% 59 % 106'% 11 36 26 59 % *106 12'% Mar . 26 ——100 147b Jan 3 10 10 common 4 5 46% Mar Inc ——.——No par Credit preferred 29% Jan 25 11% Jun 6 9 11 3.60ft 36 3 14% 11'A ; 1 Feb 38% : 109 Jun 8 1 10% Aug Superheater Commercial 99% 99 Va 104 19% 100 40% *102% 41% *102 % 104 Va 18% 19 99'% 99 Va 36 37 % 36% 36% 102% 102 % 8% 8% 8% 3% 8% .8% 8% 76% 76% 76'% 76% 76-% 76% 76% 36% 103 - 35% *102 36% 102% 41 Va 102'% 102% 41% 104 41'A 103 103% 490 50 18% .- 19 18% 19 7,900 98. 98 98 98 400 36% *102'A r8 % 7 6 V# 37% 103 37 3774 9,500 *102'A 1027b 8% 8% 8% 1,200 76 Va 76% 76% 2,300 200 9 ...Y©ar1iM9 Lowest Range Sinee Jan. I - • Lowest Highest EXCHANGE Highest •- $ per $ p»r share share $ per share share Jun 8% Jan 6'aJan 3 7 Ym Jan 9 47°8 Feb 653a Oct 5574 Jan 25 601/4 Jan 9 Continental Oil of Delaware 1534 Jan 1374 Jan 3 15 ».4s Jan Jun 241,8 Dec 23',4 Jan 4 255a Jan 11 5174 July 9 Jun 553a May 54 Jan 11 541/2 Jan 9 12% Feb 12 Jan 17 13 Jan 7 17 Jan 12 49 3» 12 Jua 191/4 Jan 14% Jan 3 49 Dec 52 Feb 49 Jan 24 7 Jun 111,2 Dec 10*8 Jan 3 Mar 5814 Deo 5714 Jan 3 30% Dec 28% Jan 13 25 101 7b Jan - 48% 20 Apr Jan 94 52 Jan 74 Jan 17 5 101 *4 Jan 5 10214 Jan Dec 67% Jari 13 72 7 « Jan 3 Sep 183 '2 Jan 6 18512 Jan Dec 4% Jan 13 57 a Jan 12 5 7374 189 51.2 27 3 Jan Jun 32 »2 Jan 6 2*2 Jan Jan 2 3 29% Jan 9 27 Jun 12 307-a Jan Sep Oct 18 Cream of Wheat Corp (The) Crown Cork 6c Seal common 42; Apr Jan 19 $2 31UJan 27 Crown 11 104% Jan 5 90 May J an 100% Jan 16 99 Dec 9934 vu 40 $4 2nd Nov 24 Jan 1638 Jan 201/a Jan 49 Nov 721-2 Jan *55% Jan 597-2 Jan 11 11 21 July 31 Apr 22 34 Jun 25 Jan 6 Dec 15% Jan 191/4 Jan 9 8% Jan 20 14 16% Feb 121/4 lbO May > Jan 09 4 23 preferred % ','p 14 107b Nov 13V8 Feb 11% Jan 3 16 Feb 25'2 Dec 23 3 4 Jan 16 5 Cunningham Drug Stores Inc Neb 8U Oct Jan 3 8 Jan 9 Curtis 16 131 Jan 24 ,52 i-a _ 133 Mar 551-4 Jan "1017b, 1021/4 '1017b 20 , 11 20 Cushman's Sons Inc 23',4 Jan 4 25 Jan 11 9 Jun 15% Mar 1374 Jan 13 15 Jan 3 87 Jan Jan 6974 697b 7% 18574 2,200 6074 470 2974 4.000 '18474 1851/2 18474 10074 100 74 1007b 101 102% "10174 102 7b 1027b 6974 6974 6974 6974 1027b "* G9 74 18.174 185 184 184% ♦1837. 47a 5 474 474 4% 4% 4% 2% 2% '27b 2% 2 2% 2 74 2 74 287b 28 7b, 2874 287b 28% 10374 103% 10374 28% 29 127 13 13 13 28% 28% 2974 29 29% 1674 16 16% 15% 40 39% 40 30% 31 31 74 103 102 74 10274 18% 56 18% 567b 18% 5C% 567b 56 237b *23 *23 2374 18.74 ' 69 69 13 12% 12% *12% 54 ' 77a t 8 74 8% b .21% i 2174 135 145 8 .8% '2174 °24 r< 250 3,000 1874 18 900 55% 56 56 56 23% 2374 2374 17.% 1774 17% 18.74 4,200 , 87b 874 8% 874 8% 8% 60 v 180 *160 180 *160 180 *160 8% 7,500 ICO *67; 68% *67 6874 *67 69 12% *12% 12% *12% 12% *1274 12% *24 2474 24% 2474 ,600 774 8,200 77 7% 130 129 54 54 14 97 *135 23% 145 *135 24 Tb 23% 23% 23% 14 *96 % 1,900 2174 217b 2174 145 13% 14 97 13% 96 21% % 145. 15 000 87b 8 23% *96% 97 *96% 97 *96 7b 13% 13% *13% *13% 14 *1574 167b *15% 167b *15% 1674 2274 2274 30% 30 7 98 987b 12 <2,100 - 97 14 24% 2374 24 21 21 *135 500 1,400 55 54 8% 8 8 % 400 .- 131 130% 130 55 8 145 •774 774 (/a 7% h 54% 21% 2174' , 128 7a 557b *135 24 24 •24% 131 8% 2374 '. 1874 *2274 ':u 137b 241/4 18 % 18 103 17% 8 7b 2174 145 *135 » ? 10074 103 *10074 237* 54% 54% 5474 54 , 7,300 10274 10274 10274 103 68% 125% ... 317b 3174 3174 30% 10274 55% 180 2474 '• I2514 1,100 17% 1274 7% 774 -125 124 J4 7,000 55% *67 2474 24% 2474 '24 16 39 7 4 *22% 874 8% 8% 87b 7174 15% 397b 1874 *160 180 *160 180 8% '687b 400 1674 3974 2374 • 187b 187b 187 b v 2,000 2974 15% 18 18% 200 137b 1374 *29 39% 31% *10074 187 b 18% 105 16% 102 74 1021 103 *10074 103 -*10074 ; 1.900 7,200 39 3 4 . 30% 31% 102% 103 18 74 3974 3974 39% ' 103 3,900 274 2874 - *103% 29 10 70 474 74 *274 27 7 .... 13 74 74 130 5,200 184 *4 474 29 15% ,.3074 '160 No par 12% 13 *2974 56% f 103% 10474 8 16 74 ?23 r 28% *10314 10474 27% 29% - '100 % . * *183 274 30% . 29 29% 29 3074 100% 474 77b pfd 127b 60 74 6834 6974 40 1 100 Cutler-Hammer Inc Jan 6874 12474 Class A 9 Jan 26 ',4 69% 103 No par 21 preferred Curtis-Wright common 12 74 60 7b •1017 b 102% .2.50 Prior Sep 19"« 102 No par common __^ 1274 6074 29 74 101 69 1274 60 10074 3074 *100 74 29 100 50 *48% 50 *48% 1274 60 60% 60 30%, 101% No par Publishing preferred 1274 74 1.5 .... 138 3 Jan 138 Press,Inc 223a Jan 203a Jan Jan Jan $7 24 8% Jan < 3 73a Jan Apr 241-2 137 .251/4 Jan 3 4814 J an Nov 9% - Jun 122% Jan Oct 1451-2 Dec 7 1872 7 Cuneo 19 1312 Jan *48% 12% 7b *10014 29 74 16 74 100 10 100 Cudahy Packing Co common 16% 49% 12 60 60 GO 16'A 49 12%, 127b- 10174 5 preferred 7% 3 7% Jan 8% Mar 07I2 Jan Jun 50 1674 *49 74. 12% 1578 50 1674 16% 50 coin__No par Jan 43U 2,500 non-cum 73 Jun. '1,800 16 100 pfd lOo Cuban-American Sugar common..10 RR 6% Jun 109 1274 16 convertible preferred 5'c Cuba 60 4'W 1274 '29 ;_No par preferred. 50 1,900 4,700 12 74 No par Crucible Steel of Amer May 160 Jun 534 Zellerbach Corp common 54 Tb 16 *__No par preferred $4.20 preferred 547b 16 2.50 18 557/2 74 *54 11,000 «. 12 74 2 3 13 247b 127b 17% Jan Jan 247b 16 *103% 29»4 Jan 2712 Jan 74 12 74 1274 25 39 24 12% 104 74 26 1021-2 Jan 247b 25 4 *54% 127b 15 3 a Jan Dec 24 74 12% 010374 28V2 Jan Dec 25% 25 55% 1 Dec b 15 7b 1274 28% Jan 30 *14% 274 1974 105 15 474 5 Jun *14% *5474 *14S4% 2914 Jan 14% 1274 * 11 Mar 14% 1017b " Jan 94 15 55 7b 29 Jan 20 557 b *1474 12% 59% 14 Oct 6 74 567/« 101 Y< 105 Feb 11,500 6% 56% >54% 16% 18 13% 674 57% 674 56 74 12% 412% 20 23 Shares 6% 56% 6% 5574 55 % 100 preferred $ per share share 6% 55% "49% 125u Jan 37b 7b the Week 12% 103'2 Jan Creameries of America $ per share Sales for > Jan. 'it- - 56% 25% 25 Crane Co common $ per Jan, 45!% Dec 14'4 36"« 74 25 25 Jan. x5 $ per share Friday Thursday Wednesday. G 74 15 24% PRICES SALE 5674 557b 15% Nov 104 Jan 8% 60a4 Jan 102 2-g 96 14 100i,2 Jan Jun la 21 11 Dec 3% Mar 1% Jan 131,2 Jan 1021.2 Jan 57 171'.2 5674 15% 14 Cooper-Bessemer Corp common 5 $3 prior preferred No par Copper Range Co No par Copperweld Steel Co common ,_5 Convertible pref 5% series..,—50 Cornell Dubilier Electric Corp _1 Corn Exchange Eank & Tr Co 20 Corning Glass Works common 5 372% preferred 10J Cum pfd 3 7b % series of 1947 10j Corn Products Refining common 25 l',o preferred 100 Coty Inc 1 Coty International Corp 1 ll HIGH Jan. 24 < 151/4 56% Continental Steel Corp Jun /. . 674 67b 0% 5 Continental Motors '■. $ per share 674 1 5l4 11Tb 1934 • •$ per share Par ■ S per Jan. Jan. 21 „ Tuesday. Monday Saturday STOCK YORK -NEW " AND LOW STOCKS Range lor Previous - RECORD YORK:STOCK NEW Monday. January 30, 1050 FINANCIAL; CHRONICLE THE "COMMERCIAL: &; (470) D Nov 96 12 97 Jan 23 14% Dec 13% Jan 25 14 Jan 10 May 15% Jan 3 16% Jan 10 23 Jan Mar ' 26 7b 2274 Jan X16% 17 1 31 92 Jan 2134 Jan Jan 4 3174 Jan 11 98% Jan 17 12*8 9% 227b 3014 31 9874 98% 9874 B__:—100 *97 74 9874 '97%. 98 74 9774 9774 *117b 1214 12 50c 11% 10 Jan 5 ,3 24 Jan 5 Deep Rock Oil Corp 21 No par Jan 43 Sep 35% J«n 13 36 Jan 3 Jun 40% Jan 29% Jan 3 33 Jan 11 7% preferred 3 10% Jan 17 Delaware 22 v« Jan 20 Delaware Power Jun 30% Dec 27% Jan 13 Jan 53% Dec 52% Jan 3 567b Jan 11 Dec 14% Dec 12% Jan 3 13% Jan 10 l". 12% 20 Jan 23% Sep 227b Jan 7 Jun 58 Jan 4% 9% Jun 13 21% Jan Jan 6 6% Jan 4 7% Jan 12 25 23 % Jan 9 6 13% Jan 11 13 22% Jan 12 36% Jan 26 397 b Jan 3 53 * Jun 13% Nov xl2% Jan 1674 Jun 22% Nov t 40 Jan 11% 53 6 Jan 20% Jan Match 37 ¥4 Sep 45% Feb 40% Jan 3 42%. Jan 14 9% Jun 13% Dec 12% Jan 25 13% Jan 3 Diamond T Motor Car Co Diana Stores Corp 6 Tb Jun 9% Nov 8% Jan 25 9%. Jan 5 12% Jun 18% Dec 1774 Jan 13 18 % Jan 8% 8% 237b *23% 23% 42% 42% 427b 4274 22,700 3574 357b 357b 35% 35% 35% 35 % *357s 357b *35% 357b 1,400 31 30% 31 30% 30% 30% 2,800 974 974 974 9,800 31% 30% 974 9% 9% 2274 227 a 2274 22% 28% 2874 2874 ,54 13 12 *1274 *21 Ltd Distill Corp-Seagrams Range for Previous Year 1949 j _ 24 *4 Feb 381 457-2 Jun 537a 4 11 Divco Corp Nov 36 Jan 27 38 74 Jan 10 Dixie Cup Co common Nov 50% Jan 53% Jan 3 ' Jun 25 July 3814 Jan 18% . Jan 9 337a Jan 13 36% Jan 4 Dr. Pepper Co Doehler-Jarvis Corp Sep 27 17 W Jen 6 Dome 74% Jan 17 597b Jan 24 1074 Jan 3 48*8 Feb 72 V Oct 69% Jan 13 Apr 57% 54% Jan 13 ' Dec 1-5 '64 108% f'g Jan 13 Dec Apr Sep Apr 1237a 109 We Dec Sep 86% Oct 87b 437i 977a 1317a Jan 24 • 25 197b Jan 5 18 83 Jan 25 .19% Jan 27 20% Jan 9 14 U Oc t 13% Jan 26 14% Jan 12 Jun Nov 60% Jan 13 62% Jan Jan 25 series A_____.No par No par Dresser Industries common.. _50c 3% lb convertible preferred 100 Dunhill International.. > ...I' $4 preferred $3.25 2nd preferred Du Pont de Nem 125 — —No par Preferred $4.50 series, 122 % Jan 9 1« Aug 101% Jan 27 xl02 Jan 113% Jan 4 114 Jan 3 10% Jan 4 11% JaD 10 DWG Cigar Corp___——— 10 Eagie-Picher Co 1.15Jan -12 Jan : Jun 15% Jun 20% Mar 17% Jan 27 39% Jan 13 Jun 16% Mar 14% Jan 13 16 4 No par Preferred $3.50 series: 22 22 74 22% 227b 77b 13 *55 58 *55 58 774 774 20% *21% *13 13V4 20% 217b 3774 37 37% 42 42% 42% 42% 13 12% 1274 12% 12% 8% 1874 17% >■ • '36% 52% . 127-a 37 "*36 7/4 53 *36 "52% 53 53 123b 12% '12 7b 12% 12% 34% 34% 34% 34 16 7b 15% 15% 15% 58% <59% 32 ' ■ *109 74 ' 112 130% 58% 59% 58% 59% & 19/64 & 19<64 112 109% 10974 130 129% 13174 5838 59% 3* '109% 131 129 • 17% 18 74 17ss 1774 20 *82% 83 " *19 *124 20 ' 83 *19% 20 20- 13% 137/a 13%- - 61% 627b 603b' 627b *124 126 > *125 126 126 " *101% 102 102 101% 102 101% .125 *10174 16 70 71 58% 58% 59% all 19/64 W 64 7.000 - < 28»400 188.100 12974 18 83 5,600 17% • 1874 0,500 _ 83 19% 19% 1374 1374 60 20 13% - 83 19% - 20 130% 130 ' 200 110 *109 109 ¥s 62% 13% 61% - 2,200 5,300 1574 17 a4 133b 83 34% 34% 73% *82% *82% 20 1374 14" ■62% 83 83 < 600 128% ' ?8174 390 127« 109% 1734 17% 100 5374 ' ' 128^2- 131% 17% 2,700 : *32% 12% 17 ' 17% 37 Shares • 1274 3.6 34% 15% ' 112' *109% 12% 36 58 73% 72% 17/64 19/64 1274 12^4 34% - 73% 72% Sales f»is the Week share 72% 15% 74 % Friday Jan. 27 $ per 1534 34% 15'b 73% 10,400 537'2 *12 12% 34% 74% 400 2,500 18 17% share 12% 12% 16 747b 1,200 9 9 Jan. 26 12% . 17 % $ per share 12% 3774 52% 53 $ per share *36 377z. 127b 8% Jan.25 123b , 3674 42% 12% Thursday Wednesday Tmsday $ per 13% 2,400 207b 42% 1774 18 1,100 HIGH SALE -PRICES Jam 24 share 13 AND 13% * . 600 6114 61% 125 12474 125. 124% *101% 102 101% 101% 114 *113% > 124% 102 2.700 €154 61 - 37,1)80 600 <900 < 114 114 113% 113% •113% 113% 11374 *113% .5 *1174 11% *llJ/8 117b 117b 117/8 10% 10% 10 18% 1854 18% 18% 18% 18 18% .—<—_X 14 % 14% 14% 14 7b 1474 14% 14% 15 15 1.4 7 4 15 14% 14% 11% 11% 11% 11% 11 117b 1174 46% 45% 46% 45 114 400 2.100 20% 36% 8% 8% 8% 17% 1874 87a 3674 , 13% 20% *12 8% - 13 37 *42 >1,600 22 *2174 42% 12% 20% 22 '21% 7 7b 800 774 7 22 13 7 20% *12% 2,700 12,100 58 *55 58 ..100 1st pfd Light 5% Daque.sne 2274 34 74 62% Oct 97a 22 15% *1374 124% G 22 74 . 34 % • —: No par (EI) & Co— Common • 13 377s f per , 53 _5 Duplan Corp 54 13 *12% No par 1 9 Jan _: Mines Ltd Douglas Aircraft .No par Dow Chemical Co common15 ' 63-% Jun 112 11 537b 12% 2174 Jan. 23 31 Vz *52% 21 Jun Feb 119 191/64 Jan 10974 Jan 81% Jan Jan. 20% ■ 13 17% Jan 247b May 78 4 119% Jan Dec -21% Mar Jan • 5374 12% 217b ■ 13% *36% * fe Dec 101 13 13% No par No par No par 5 , 1572 Jan 43 1017b Class A 26 Dec 14% Mar .10 - 157b Jan 5374, 12% 13 Monday' • $ per share • 1 4 537b 127a 21% 177b 1874 Jan. 21 Pur 1274 Jan 537b 1274 *774 87B 9 Saturday 1 Jan 4,400 54 LOW $ per share $ per share $ per "here 17 f% Feb 2,000 29 V* 4274 127b- STOCK YORK 22 74 28% 7% *12% EXCHANGE Highest 2174 28% *55 • $ per share .1272 NEW Range Since Jan. 1 Lowest Highest Lowest 22 74 27% ,22 STOCKS 7- 22 28% 13 *42 18 22 7 b 27% 3774 42 *8 7b *227a 28% 3774 37 7b 42 50c 2 22 % . 21 37 74 *1274 974 2174 *12 3 b 21 % 974 97 b 127b 58 21 137 b 30 5374 2274 774 7% 8 74 8%, , *55 227b <2 ,. 537b 58 *774 25 participating preferred 07 9% 31 10 '2174 No par common 190 23 " 12.50 Raynolds class A 150 42% 872 8% 874 0% 22 6-To 3,100 23 2274 Devoe & 11% 42 2278 Diamond 11% 23 ,13% Sep 99 23 13 21% 4,300 9874 4274 13 74 5 11% 30% 98 7b 427b 29 Vilbiss Co 11% 3074 98% r>3% 53 7 4 De 11% 4 4274 874 537b *55 *97% 23 28 3 b preferred 98% 6,100 9874 *97% 227b 4174 874 West RR common ctfs for Escrow 20% Jan Jan 24-* Mar. Jun 15 31 a 31 96 108 22 43 IOCDerby Oil Co (The)... 8 Detroit Edison 1 —20 Detroit Hillsdale & S W RR Co__100 Detroit-Michigan StoVe Co 1 Detroit Steel Corp : _1 11 Jun 22 7 30% 98 3174 98% 1,520 6,200 2,700 .100 Escrow ctfs for 19 34% 97b , &c Light Co.—13.50 Rio Grande & 31 *98 4,900 " 874 31% *31 —_100 Lack 6c Western ^..50 12 Denver '35% 20 11% 11% 23 23 4274 Hudson & Delaware Jan 8 >4 8'4b —50c , _____ 21% Jan Jan Dec 98 1 Deere 6c Co common 36% 50 series 27 26 ' 3.757b Jan Mar 9*'B 21% 30 74 22 . 1474 137b 14 7b 14 22 22 2274 22 22 74 (The) Dayton Rubber Co.. Decca Records Inc 31 ' 22% *1574 11 4 Jun 20 1 16% 12 7a Jan 38% Jan Jun 14 *15 74 3 Oct 5% '13% 163b 30 74 Preferred 43% 19 14 *15-% 5 Jun 307a *1374 16 74 9974 Jan 22 Jan 29 Jun 147 b 8% Jan Jan 4% May '13 7r, 1174 oan Nov % 2.50 9774 Jan 24 Dec 14 97 Dayton Power & Light common...7 Preferred 3.75% series A 100 Davison Chemical Corp 24 ,Tr>rj 24 preferred series A Davtga Stores Corp common 5% convertible preferred 5 297a Jan 10074 Jun 774 17 Dec May 98% Aug Jan 92% H 1374 '96 74 1 ,.100 Corp common.. 3%% b 96 7 11% July 15 Dana 110 114 600 1074 1074 *1074 1074 18% 18% 17% 18% 4,200 14% 14% 14% 14% •OiOOO *14% 14% 14% 147b 11% 1174 2,900 451 4574 16.600 E 7Mi July 16% Dec 147b Jan 25 77* Jun 13% Jan 10 38% Jun. 4814 NOV Jan 164 21% Jun 32% 13 45% Jan 27 17274 Jan Oct 202 Jan 5 Jan 13 29 Jan Eastern Airlines Inc. 157-b Jan Eastern Corp common—: Jan Eastern Stainless Steel 48 Jan Eastman Kodak Co common 179 Jan 12 Jan 5 Corp.. 10 5 10 15 11% 467 b 30% 18% 18% 18% -18% 19 Dec 17% Jan 3 19%-Jan Dec 96% Jan 12 96% Jan 47bpreferred eommon._ll ; 100 14% Dec 12% Jan 25 14%-Jan Ekco Products Co common—2.50 947b Oct Jun 8% Dec Apr 45% 12% Feb 1" % 36% Oct 17b 34% 2% Jun Jun Jan 13 x87b Jan 10 Jan 9 26 46% Jan 5 16 Dec 327b Mar 96 42% Jan Dec > 13 .Tan 357b Jan Jan 6 1% Jan ' 3 Jan 39%-Jan 3 13% Mar 11% Jan 25 51 26 23 Elec & Mus Ind Amer 42% Jan 11 Jan 7 '2874 Jan 12 13 Jun 28% Nov 25% Jan 26 Jun 75 Nov 69 Jan 3 74 Jan 12 Oct 50 Jan 13 51 Jan 10 May 27 Jan 14 Jan 8% Jun 14% Dec 3 15% Jan 6 12 1274 Jun 18% Nov xl67b Jan 3 21% Jan 17 Nov 177a Jan 11 18 7b Jan 7 33% Jan 5 Jan 5 7% Jan 5 14% Jan 29 18% 35 3b x297b Jun 100% Jan 105 4% Jun 7 9% 48 ¥4 55 Jun Jun July Jan 25 10074 Jan 10 32 Dec Dec 13 6% Jan Dec 13 287b Jan 103 14% Jan 10% Jan 13 127b Jan 10 61% Jan 55 Jan 13 577b Jan 12 63 Jan 60 Jan 9 Jan 9 60 37b Feb 5% Dec 57b Jan 25 6% Jan 11 6Vb Jun 10% Jan 8% Jan 4 10% Jan 11 Dec 97b Jan 13 117b Jan Jan 13 60% Jan 7 5 3% Jan 5 47b Jan 10 Jun 11 % 36 Jan 61% 3 Jun 6% For footnotes 0 2 see 55 Dec Apr page 18 m common Convertible preferred- —No par shares— Co 13 *96 98 13% 98 174 95 98 12% 1274 * 95 98 *95 98 12% *95 98 85b 9 9 9 43% 43 I' 17.7b 17% 1774 16% 43% 17/ 36% 367b 36 36 *36% 37 ; "12% 12% 11% 12 11% 11% *26/ .*11% *26 7b 74 *69 74 '68 7274 50% 50% 50% 50% •50 51 27%' 27% 27% 2774 27% •2774 2754 15 14% 14% •14 14% 205b 20% 20»4 26% 26 7474 *68 26% 11% T2 '50% 51 4800 145b 14% 14% 4,400 207b 20% 20% 187b 17% 1874 32% 327b 32% ,32 r 32% 102% '101% 102% *101% 10274 *101% 10274 10174 774 6% 6% 6 "4 6 % 11% 117a 11% 11% 11% 11% 1174 557b 557b 5574 56 : 55% 63 *58 11% *55% 56 63 *58 63 574 5% 5% 9% *58 7 63 57b 574 9% *9% 974 974 107 b 1074 107 b 2% *9% 10 l 3 107b 10% 58 58 57% 58 57% 58 *3% 4 *3% 4 *3% 4 2.50 10 *58 5% :5 58 : 1754 18 5% " 3% 5% 974 10 - 58 3% "66 27 Ye 14-54 32% 7 7274 51 27 32 74 7% *50 7b HOC 1,700 2714 18. 20% "68 700 •- 27 ■ 14'% 18 37,600 26% 20% 19% 2 40% 113b *68 300 3774 267b 15 *7 1% >40% 12 20% *32 74 *36% - 25% 18 55% ; 25% 25% 20% i5 *58 .5 2 40% 17% *5574 Williams Corp 43 • 51 No par Products Co 37 174 40a8 __-__100 50 Ever,sharp Inc 37 ; 2 7 417b 1.1% preferred series A Pittsburgh RR Co 3,500 1% U% Erie RR common 5,500 17 >417b 27 Co 4374 16% 274 *48 74 27% 42% 40% *69% 1,600 . 40% , 4,100 9% 1774 41% 2% *9 17- 42% , 41 1% 1274 98 97b 9 •12% 43% •-17% 98 • 12% *95 i. *26 7b Co__: ; 4 Phonograph____r5 _ *95 13 98 1274 *95 10 Mfg Exchange Buffet- Corp " 98 '96 12% ' 3 Ex-Cell-O Corp 1,300 43 3b *10174 Evans 7,300 18% 43% . Eureka 29% 18% 43% 10 Endicott Johnson Corp common—25 4% preferred 100 Equitable Office Blag 1 5% 29tb 183b 50 El Paso Natural Gas Erie & 30 18%' 97b 2 70 179- 297b 18% 974 17%' 178 30% 1874 9% 3674 1-79 29% 12% 50 Empire District Electric *177% - 1,400 18% O . - e 30% 40% L common Electric *96 179 - •117b 46% 18% ...15 5£j preference : Emerson 137b * 98 - No par 574$ convertible preferred Emerson Radio & 177b *25 98 *177 - 30 34 40% Elgin National Watch Co— Elliott 43% _^5 Electric Storage Battery Jun 23% Aug *9 3 18 Jan 10V4 51% .il Stop Nut Co Electric Auto-Lite iThe)-' Boat 137 b '96 Elastic Electric *96 ...—100 preferred 2% Jan 17% Jan 472 V Inc 177b Jan 37 48 42% Bros Stores Edison - 177 177 30% 96 13 12 45% 46 74 179 30% Feb 6 45% 179 307b Jan 33% 467b 179 *17674 2 Apr Jan 11% 100 preferred 107i 96 * _ 67& 147b May 14% Eaton Manufacturing- Co 30% Jan 88 101 18% -15 *31%. 5 7b 21% 32,900 17% 17% 17% 4,090 32 32 32 1,400 10174 101% 10274 7 7 7 1174 11% 56 56 56% 63 *58 5% 5% 9% 70 >6,000 9,600 1,600 62 5 Ye 9% <1,666 700 9% 9% 10% 10 74 3074 10 Y* 6,500 5774 57 74: 57Y2 "1,100 57 % *3% 4 *3% 4 200 ■ Volume .171 Number 4877 THE ;• COMMERCIAL' & ." FINANCIAL NEW Range for Previous - ... Range Since Jan. I Lowest Highest share $ per share ' $ per share •34 Jun 19 Feb 25 '/a Oct 23% Jan Oct 23% Dec 20 Va Jan 23 127/8 Aug % Jan 15 Vb Jun 39 Oct Jan 3 14% Jan NEW Highest 42% Jan 11 24% Jail 3 27 Fairbanks Morse <te Co Fajardo'Sugar Co 7% Jan % Jan 3 15% Dec 15% Jan 3 16% Jan 13 Jun 38% Jan 36% Jan 9 37 % Jan 21 14% 3% Jun 18% Nov 17% Jan 13 18% Jan IT 24% 6% 4% Jan 3 33% Jan Jan Feb 36 Dec 95 % Mar 104 ;Sep 1% Jan t 14 <fc Smeiting Co Federal-Mogul Corp 10 Federal Motor Truck.— 13 36% Jan Jan 3 104% Jan 18 Federated Dept Stores 4%% pre!erred Nov 20% Jan 11% Jan 3 13% Jan 12 12% Jun 177/g Dec 17% Jan 3 19% Jan 20 81% Dec 80% Jan 19 82% Jan 11 56 Dec 52 % Jan 13 56 Jan 10 107% Mar 105% Jan 18 106% Jan 5 63% July 43 105 July May 53 Jan 69 11% July Jun 17% 13% 12 9 13 Jan Dec 105 Jan ,24% Jan 23 18 % Jan 69% Jan 30 % Jan 104% Jan 18 >A May Jan 31% 21% 98% Jan 67 Dec Dec May ; Jan 106 .11% Jan 25 Va Sep 24 7/a Jan Feb 14% Dec 29 % Jan 28 78 May 92 % Nov July 96% Oct 33% Dec 19% 89 % Jan 3 ;93 % Jan 27 Jan 7 .98% Jan 23 Jan 2o 33% Jan • 5 ,96 217/a Jun 25% Nov 12% Aug 8 Jun 10% May x38 Feb 60 Nov Jan 17% Dec 16% Jull 67 Sep 23% Dec 29' Dec 8% 4% 3 'A 7c 78% Jun 24% Jan :25 Apr <25 3 '3 .57% Jan 17r. •; ■ 13 5% Jan 10 ,60% Jan 13 13 79 3 6% Jan Jun 7% Oct 7% Jan 3 8Va Jan 18% Dec 177a Jan 12 18% Jan 6 Oct 9% Jan 6% Jan 3 8 Vb Jan 31% Oct 41% Jan 17% Dec 13 Feb 35 Jan 3 17 Jan 10 15 Jun 19 Apr xl7% Jan Jun 16% Dec 15% Jan Jun 6% Feb 4% Jan 21% Jun 32% Feb 26% Jan 15% Jun 23'A Jan 28 13% Jan 103% Jan 41% Jan 19 5% Jan 12 4 27 'A Jan 11 Dec 48% Gar 12 20'A Jan 18 Jan 3 19% Jan Jan 11 105% Jan 14 Nov 45 3A Jan 13 48 V2 Jan Jan 103% Jan 12 1031/4 Jan 12 11 Dec 152 Oct 6 10% Jan Jan 163% Feb 9% 161 Dec 15 5 12 71 Jan 20 75 Jan 9 Jun 31 Jan 27% Jin 19 30% Jan 9 1(7 Jun 20 Apr 17% Jan 3 18% Jan 11 129 Jun 139% Apr 34 Jun 42% Dec 39% Jan 48% Dec ,^24% Jan 93% x6'A Dec -100% Jun 134 - . Jan 23 138'A Jan 41 '/a Jan 13 -43% Jan 47% Jan 13 100% Jan Jan 13'A 50 3 103 4- 8% Jan - 14 Dec Jua 126 Jan 13 127 Apr 112 Dec 109'A Jan 10 113 16 Jan 24 - General 5 7c '< per Range Since Jan.,1 Lowest Highest share per s ( i Highest r,. 517/« Jun 73 Va Jan 13 Jan 127% Sep xl25V'2 Jan 5 126% Jan 24 Jan 104 % Dec 102% Jan 6 103% Jan 23 13 Feb 19% Sep 19 Va Jan 3 22 Va Jun 38% Dec 34% Jail 27 16% Mar 13% Jan 4 ll'/a July 2% Jun Nov 68 % Jan. 13 21% Jan f38 16 Jan 3 15Va Jan 11 Dec 3 Va Jan 23 3% Jan 9 11 Vb Jan 17 Nov 16% Jan 3 17% Jan 12 15'a Jun 20% Jan 19% Jan 4 23 May 124 V2 Dec 121V2 Jan 6 120 3% Jan 7 7'a Nov 6% Jan 20 122'/a Jan 13 7% Jan, 6 24% Jan 23% Jan 25 .'25 Va Jan 24 Mar 34 Dec x31% Jan 18 99 Va July 122 Jan 113 22% Jan 31 Nov 4% Feb 20% Jun 18 V2 Jun 27% Dec 22 99 Va Apr 102 Va Jan 101 Jun 21% July 77 Va 15'/a 67 64 34 4 9 24% Jan 25 Jan 10 102 Jan 22 Jan 19% Jan 3 Apr 77'/a Jan , 23 9 12 11 73% Jan 24 25 9% Jan 5 Jun 37 Va Dec 33% Jan 13 36% Jan 27 79% Jun 91 Jan 90 Jan 4 94 25 12'a Jun 17% Jan 14% Jan 13 68 Jan 68 7 General 6% General General Jan Jan 16% Jan ' 7 9. Jun 116 Jan 112Va Jail 11 19 Sep 14% Jan 24 10 Jun Gold 9 45% 69% Jan 3 76% Jan 25 101 Va Jan 20 104% Jan 10 Jan 43% Jan Sep 103% Jan 16% Mar 13 47Va Jan 11 105 Va Jan 26 12'A Jan 13% Jan 9 1 Vb May 3% Jan 1% Jan 2% Jan 10 5% Feb 8% Apr 7% Jan 16 Vb Jan 30% Dec 29 16% Jun 28 Va Jan 24% Jan 20% Mar 28'a 26% Jan 27% Jan 5 Dec 100 Va Jan 102 Va Jan 9 Apr 15 Vb Jan 16% Jan 4 32 Jan 36% Oct 33% Jan 35'A Jan 17 11% Jun 14Va Sep 12 13 33 % Jun 43% Jan 40% Jan 16 Va Jan 133 Viz July 62 % Dec Jan 17 Co (The) Co (W T) Co conv 77c 423/s 50 July 10% Jan 3 11% Jan 11 July Apr 97% Jan 3 99% Jan 18% Jan 13 20% Jan 9 7% July 6% Jan 3 8'A Jan 19 3 3 4 ».56% Jun 71Va Jan 59% Jan 25 16% Jan 22% Dec 21 Jan '3 page 13 102 15 Jan 6 Jan 17 56% Jan 63% Jan 24% Jan 12 3 13 103 *102 10 10 10% 55% 55% 55 7 *126% 100 ,*111 Va 127 *126% 111% LOW 1 per share 73 AND 4%% 13 136 "135 800 42 % 49 102% ♦102'% 102 Va 32,600 6,700 100 102 % *102 " 9% 9% 9% 9% 56% 56'a 56% 55% 127 ♦126% "• *126% 127 112% 112% 111% 10 11,900 55% 3,700 127 112 Va 1,750 SALE FRIGES Wednesdayk Jan. 25 1 $ per Thursday • share Jan. 21 share $ per for Sales Friday - Jan. 26 ' the Week Shares $ per share 71% 72 Va 71 72% 71% 72% 126'% 126% 126% 126% '126 126 '/a 126'A 126% 126 Va 126% 1,300 103% 103% 103% 103 3A- 103% 103% ♦103 % 103% 103 Vb 103% 1,100 20% 20 %• 20% 20% 20% 20% 20% 20% 700 35% 36 Vb 35 35% 35 35% 34% 35% 5,000 14% 14% 14 14% 14 14 13%' 14 1,900 20% 20% 36 36% ..No par *14'A 14% 14 Va 14% 10c *3Vz 3% 3% . 3% 3% 3% 3Va *3% 3% 3% 1,900 16% 16% 16% 16% 17 16% 17 16% 16% 16% 16% 20,600 21% 21% 217A 21 21% 21 21 21% 21 % *21 % 21'A 1,100 124 *122 Va' *122% 124 ♦122% 124 *122%' 124 *122V2 65/(| 6% 6% 6% 6% 6% *6% 6% 6% 67.5 4,000 23% 23% 23% 23 % 23% 23% 23 % 23% 23 % 23% 2,800 32 32 32 32 Va 32% 32% 33 33 *31% • 33 *31% 20 *77 78% 1 103Va *69 % ''72 9 9 36 *32 15 22 22 *21% 22% 2 2'A' 22% 600 103 Va *101 19% 19% 19% 19% 19% 19% 78% *77% 79 *77% 79% 78 73 *69 72 *69 72 „*69 60 19% 78% 72 *69 *101 72 8% *69 9 'A " ' 72 8% 8% 103 % *101 19% 8% 3% 103 % 8% *101 8% 103% 8 A 2,100 60 3% 3,100 35% 36 Va 35% 36'% 92 % 92 !'• 94 94 *93% 96 % 94 % 200 15 % 15 Va 15% 15 % 15 Va 15% 13 % 15 'A 6.200 84 82 82 84 83 83 83 8:3 1,300 19 19 Va 18% 19 19% 26% 26% 26% 26% 26% 26% 55 54% 54 % *54 Va 15% 18% 20 26% 27 vb 55 54 54 104% 10% 75V2 103 46% 104% 13% 2 2vb *8Va 1 *81% 10% *54'A 10% *110 113 15% 10% *110 "14% 46% 46 VB 46% 45% 46 45% *104% 106 105% 12% *104 106 12% 105 13 % 2 12% 2 Vb Prop..No par 12% 43 Va 26 2 12% *12% 43 % 427A 12% 43 Va No par 19% 19% 19% 19% ___100 *140% 141 Va *140'A 141% *68 71 42% 42% *13% *13% 13% HVa 11% 100 *98% 1 19 Va 8 *102 *68 11 71 2 2'A 8% 31% 25% 27 % 15 % 14% 74 % *102 15 19,000 74% 5,300 103% 1,100 45% 43% 7,100 105«4 105'/4 12% 12 % 2 8% 400 13 2,500 2 2 10,500 8% 8% 1,400 31 VA 31% 31% 32% 3,300 25% 25%- 25% *1001/,, 700 26% 1,100 27'A 101 100% 15% 15% 15% 27'A im 151A X26% 101 % 15 Va 15% 102 220 15'A 1,500 ■ *35 "• • 12% 43 36 12% *68 42 Va 12% 12% ; 43 % ♦35 36 *35 19% 19% 140% 141 43% 43 VB 42% 143 *68 71 *68 43 13% 13% 13% 11 Vb 11% 99% "98% 99 3 k 19% 19% 19% 8% 77A 8 *101 % 102 11 19 % V/b *13% , *13% 42% 5,500 19% 3,600 144 *144 71 *68 71 43 150 145 43 42% 14 * 13% ll'/a 99% 99% 99-% 19% 19 7 B 20% 7% 7% 7% 3,900 14 11 19% 19% 7% 100 50,900 100 6.200 ' ' 7% 102 2,900 *98% 99% 19 19% 12 % ll'/a 11 11% *98% ■' 42 % 14 42% 43 42% 19% * 36 12% 42% 19% 142 *35 12% 42% 19% 19 Va 36 12% 141 71 11% 103 -20,100 25% 27% 27% 27% 101 *98% *102 300 11% 113 105 Va 8% 8% 31% 25% 8% 8'/a 103 10,200 54 'A 11% 75% 103 V3 2 2'A 31 Va -19% 99 74% *102 12% ■ 25% 101 36 - 12,400 27% •' 15% *35 *12% 13 VA 31 Vb I"1 15% 36 8% 105 25% " 27% 11" 19% 26% *110 46% 457/« *27% 15% 13% 15% 102% 8% 15% 14% 76% 102% 75 31% *3442 15% 75% 102% 8% ...No par 14% 15% 76% 102% 31% 27% 113 1 7,100 ' 167/s *25% 101 % *110 36% 54% ■ 11% 11% ' 75% 31 *27% 113 *110 36 "a *94 55 102% 26 *100% •11% 10% 10% 113 19 75 30% 8% *81% 36 % 36 *102 *25% _No par 22% 77% 27% 1 2,000 15% 5 common 29% 94 109 Corp 2.1V8 36 *13 pfd_.__.No par 29% 35% 1 common *29 114 20'A 21 75 » 29 *113'A 103 Va 84 10% 5 29 114 77% 26% 10 *113 *92% 15Va No par _.No par 300 114 36 % *54 1 113% 20 20 Vb 50 113 % *101 *81% 2.50 113 % 93 *92% No par (The>_—— 124 6% 24Va *20 Co *122'A 6% *101 : 124 3'A 24% • 5 — — Ohio RR 3Va 54,700 16% 5 Corp Sugar 71% *21% com common Ore 72 5 No par Aircraft 7% 102 *102 IO3 ' 103 *102 coni.No par 14% 14% 14% 14% 14'A 14% 13% 14% 14 Vb 14% 14 *54% 55% 55% 55 56 54 54% 55 55V4 55 551/4 25 61% 551% Gl% 61% 62 60% 6'1 V a 59 % 60% 60% 61% 60 7 a 62 Vn Utilities Col-—_.No par 23% 23% 23 VB 23% 23 Va 23',4 22% 23 % 23 23V4 22% 23'A ' • 7;300 10 14V4 —No par Cort) 130 . 42%. 48%" 800 m 136 42%' 113 HIGH 100 72 29 *17% 5,800 103% 20% pieferred Gulf States *71 *28 17% •135 71% 29 17% 100 800 7% 126'% 3 preferred Gulf Oil Va 7 *103% common $5 convertible preferred $5 7% 3,800 14 *125% 35% Co Inc Gulf Mobile & 164 Va 14 9% $ per share 73 11% 162 Va 49 112% Jan, 24 72% 11% * 56% . Tuesday $ per share 3,300 48% *126% .Ian. 23 30 46% 106 42 127 Monday Jan. 21. 105% 42% 113 113 % 49 % *102 9% 56 Va *126% 35% Common Grumman -*6 41% 103 9% 112 6,800 % 48% 55% • 127 111% Saturday & Die Corp__No par Greyhound Corp (The)— 12 Jan *102 10 55% 42% 100 12% Jan 105 71% ♦28 134 134 42% 49% *102 71% 23 17% '.-17% ■ 1,500 19 *101% 14 7% 7% - • 19% *105% 46% 105 13% 300 .; 19% 19 105 % 46% 14 71% 135 134% 42% 49'A __1 Jan 51% Jan 134% 49»A 101 Guantanamo 105% ♦101% ■ 28 - 42'/b Green Eay & Western RR Oct Dec 134 *20% preferred 9% see 13 100 Ry 67c 93 % footnotes 23 18 ___103 preferred (H L) 19 46 Va 73A 71% 28." 13% 42% Grayson-Robinson Stores comi_—.1 Green For 71% 28 49% Greenfield Tap 100 71% :_1 preferred 12 Dec 7% 48% Gratiby Consol M S & P.——- 12 "Jan 7% 18% , Hosiery Graham-Paige Motors $2.25 13% 5 26% *26 26% 19% 106 "13% 28 ' • Gotham 3%'A 4% 19% 105 Va 45% 14 18%. ' *134%' 136 —No par Jan 14 *71 13% 23 '/a 46 Va Jan 54 Va 71% * 42% 1 $5 preferred Grant 5 *25% 19% *101% *18 Goodyear Tire & Rub com—No par Union 8,300 3,600 19% *105% 46% 105 *27% *102 14 101, *71 -—No par 44 Jun 105% 46 *101% 17% 7% T%, (B F) common..No par 4 Jun 105 Va 47% 106 16% 7% pfd preferred 4 Jan 105% 46% 17% 7% 17 $5 Jan Va *105'A 1,100 4% 4% 19 13% 11% 17 Goodrich Co Jan 9 19'A 13 *18% 164 '/a Goodall-Sanford Inc___.;——10 13 41 19% *101% 113 41 92 19% 400 *17% 16% 26 a 4CJ 18 18 3 4 11% *110 Dec 27 , 47% 100 14 % Mar 20% 191/B 18 2;aoo *18% *162% ____.No par Stock Telegraph 43 Va Jun 19! ,600 33 11% 1 Brewing Co & Jun Feb 4% 26 19 3 3 *37 Va 164% Corp Harvester 11% 5 5!'« 26! 6 10% 5,700 37% 11% Corp 33Va Mar 15% 4% *20 19% .No par Great Western Sugar com 26 Jan 17 2,000 8 "162Va Utilities.^—_10c & 20 Jan 68 15% 15% 6% 8 18% *7% 1T% 100 19% Jan 144 6 13 13'A 960 No par Gt Northern Iron 3 18 18 a 7% 163 Va Utilities Corp., Gt Northern 13 Jan 18 % 6 %-■ 18 % a 37% 13! 4 15% 5 'A 33 33 ; 78 ..No par 10 18 Va Jan 65 3d : 8 18% 3 8 7% i 7co 4.000 6% 7% *13 18% 3.3C0 21% 60 _No par 12 137Va Jail Nov 33 27 3 13 O 6% 6% 7% 18% 77« 0 • Jan Oct 19% 67 6% 7% V* 17% 21% 78 11% 50 }. 44% Jan 144'/a Mar 79 * 75% 163% Cement Co Grand 16 Va 75% "75 % 77 13% No par Granite City Steel— Dec 101 21% 19% ' 106 72% 9 Apr 5 21% 21% 18 % 3o % *25V'2 *17% No par 11 Jun 5'A 59% 17% 11% Corp common:—10 27 11 . 59% 17% 162'A STOCK Jan 93 Va 7% 59% *6% 8 Va Hi 1/4- *38 58% 13% preferred Jan 9 26 6'A 1,390 58% 17% : ,i7;% 21% 21% _No par 32% Jan Jan 6'A 8 *18'A 10% 11% convertible preferred- Goebcl Dec "75% 10% 162% 100 Brothers 4%7o 11 Aug 77 10 14% $4.50 preferred 26 Jan 77 10 18 21% 10 59% "17%. 1,100 10 11% ..$5 convertible preferencc__.No par 112'% Jan 13 53% 13 22 50 11% 164'A Gillette Safety Razor com____No par 11% Jan , 592 24% 11% 11% 3%% preferred ——100 Georgia-Pac Plywood & Lumb Co__l Glidden Jun 10 *24 11 *13% preferred 5 14 Va 10 29% 24% 10% * *162% preferred- 27 2,600 10% ' 100 General Tire & Rubber Co Jan 56 29% 29% ♦24 24%10 22% 27'A Jan 3 29% 20 22 % 13 330 10 *22% 23 97% 93 24% 22'A Jan 97-% 93 29 22% 10% Jan . 110 92% 11% General Time Corp common..No par 24% Jan 4.301 29%- 92% 29 % 54 29 % 93% 23% 92% 24% 29 Dec » 28:% 93% *14% 23% "92 30%- 29% Dec 3,700 30 29% Dec 3.300 * 15% "24% 29% 10% 26 700 1314 15% "11% 21% 105%. 14% 13 15% 24%. "17% 6% OVA 14% 13 Va 93'% 77 "75 14% 12% 98% L'9% 55 Jail 18 80 70J - 10,700 15% 97-'a 20 Gimbel 19 15% 97% 21% , 17%- —.No par Telephone 4%7c 18% 28'% 29 92% 114% 4%% 10 18% 14% 59 59'A 21% ' 29 "9T *113% 25% 106 59% "17% 1 _No par com., Refractories General 26% 13%- 10% '10% "10% ——.100 Portland Shoe 106% 20% 12% 11 "24% 11 % 4,300 30% "105% 26% *26 *1'5% It 24% 31 31% 900 14% 114% Jun Jun 30% Inc corn.—No par Y4RKK Realty Gleaner 98% 30 15 *113% 24% Jail 11 72 Va 30% 11 . 1,200 " No par 83 104 ."30 *24%- - ' 14 5 preferred 10 ' 93% 47% Gen Railway Signal com 25 Jun 93 *101% preferred Corp General Public Jan Jun 98 'A 61% 14 __5 Gen Precision Equip Corp General Public Service. 80 Jun "97% 67% 14 .No par Preferred $3.75 series Gen Outdoor Advertising I8V2 Jan 52% 92% 5 $5 preferred Oct 34 "91 common , Aug 100 92% _No par L General Motors 80Va x95% •t "91 % • - Par 28'a Jan 29 .—1 Corp„_ EXCHANGE Dec July 28% Instrument Corp NCW ; , July 5% '29% *105'A 11 0% Jan 17% 1 29% 15% 100 29% Jan Feb 48 13%' 15% 19'A General 12 Va 72 Va 13% 15% 19'/« Gen Steel Castings $3 Sep, 21 "14% 13% Investors com__l 5 Jun 24 14% 13% 15% 19% 7 73 5'a 14% 13 % 27 convertible ' ■ 14% 15% 27 Jan Jan Jan Mar 14% 30 68 106% 19 19% 1151 Jan Jan 5 28 Va Jan 13 -, 18% 15% $ per share 123 Vb 72% 19 15% Mills common / x97 • 18% ' ■t per share share 18% 15% STOCKS Year H)t!» Lowest 18% 13% 500 4,000 106 Va 30% 25% 1 a 53% 53 % *106 *104% 105% 25% *15% Cigar Co Range for Previous . 105.% 26% par 81! 390 67% 30% '. 311%. 105%- "25% 18% 1S% 2 preferred 3%% . 31%- 105% 26 (The) preferred General 31% 107 25% "18 $3.50 preferred 5 Jan ' 31% "105% "18! 2nd conv 77c 25 56% 128% 31 *81 53% 106% 2 "13% 67% „14 26 18% General- Foods 20 10% Jan Jun Jan 97 Jan 31% 53% ♦106 106 "13! 81% "80% 53 % 52% 14)6 107 13 General Electric Co 9 24 56% Jan - 44% 123% 54% Jan 47c General 9 Jan "31% 53% 108 "25'% No par General Cable Corp com 47c 1st preferred Jan ; 2,000 "105'A 18% 9 79% 26 1,200 18% 80% 14 18 Bronze 12% 67 14% I0V2 9'A Jan Apr 65% 67% 53% 106 17% preferred 12% 80% 14 3 'A General Jan 81 67% 54 "14 18 % 9 10 81 14% 14% ; *is 14 % Jan Jun 7% Jan $8 81%. 54 < 5.G09 1041a 19 81 36 104% 18% 16 .-General Baking Co 2,700 35% 104% 19% 6 !A — 4% 4%36 ♦104% 19 67% Transportation a 4% 35% 2,500 a 104% 19% *18% Airier 41 4% 36 35-% 19% 8 $4.25 preferred series A 11% Jan 19 163 Va Jan .24 5 Jan" 13% Jan General 80O 19% —No par *$4.50 preferred 9 106 Jun Sep 9% 13% 19% Co American 4 12 Va 8 General 13! 12% 81 % 1-4 % 100- com 400 18% 18 % 12% 1 Wood Industries Inc 37%- 18% 104 67% —, 37'A 12% 39 Corp 37% 4% 4% 36 % 104 67% _100: _ ♦36% * 13 1 _ 157 19% "67 •4%% convertible preferred 50 Gaylord Container Corp—1.66% 11 105 4% 36 103% 15% 37 18 18% 1 15% 12% — (The)— "36% 1 15% 13 0 Garrett 5 36 % 103% 1 1% 16 12% *38 Gardner-Denver 18% 1 15% 40 39% 13 .5 10 37 5 36 50 Co 36% 18% 103% common 26 3 5% 36 % convertible preferred— •57c Jan Jun 19% 107 Gamblc-Skogmo Inc 37% 2 163% ——20 Gamewell 25 8,600 common —^ (Robert) preferred 20 July 99 " Jan 20 3,300 1 % 1 % 16 % 105% common™ (The)— Inc 15% 15% a 1 16 lo- 1 '17% Jan 3 3 7/b 18 Co 6% 38% Jan 12 3 10% Gair 15% 15! 1% 16% 105% preferred _„—__-_______100- Gabriel Co 27 r 15% 1 16% 54% _ 47c ' preierred 10 Jun 15% "81 , 7 4% 15% 19% Froedtert Grain <te Malting Co Inc.l, 14% 14% 5 Frceport Sulphur Co.—__—_lo- 2C 15% 1% 16'% "12% 5 Jan ! 15% 15% 106'A Inc—_ Fruchauf Trailer Co 1,9<X) 36% 27 Jan .22% Jan : 9 75% Jan : 3 ; Jan 16 11% Jan 20% *103% Foster-Wheeler Corp commonl ,_lo 45% pnior preferred.C_-J 25 Francisco Sugar Co ___v.__.No par? Franklin Stores Corp._ ,J_—_. 1 <11% Jan 27 Jan; 13 20% Jan Feb 7 Vt 9% Jan 9% Jan r 6,800 H "18% No par convertible- preferred. 3%7c 24% 20 l, "36! Machinery <fc Chem Corp„.10< • Feb 11% Food 2.,% 20'4 "54% Flor^heim Shoe class A—,__:__No 18 1,900 23 % 20% 40 "105 % Food 30% Jan 40 23% 20% 18 ta 10 Follansbce Steel Corp_i__Stores 39% 23% 20% 36% par Fair 40 23% 20% 25 12 Jan 40 % 23 7 a ..100 i 7 ) 40 237« 20% 1 16 13 40 20% 5 15% Jan lO Shares 24 36% Florence Stove'CoNo par: Florida Power Corp.j.i. L—l 7%i 7 the Week par share 40 5 14% Jan ; 3 14% Jan '. 3 Apr Jan Stores * for Sales Jan. :ii share 20% 100 — Friday Jan. share 23% iya (The) Carpet; Co. ——No par Flintkote Co (The) common. No par•$4 preferred __-__No 4 > National share t per 40 *10 No par preferred Jan.SO t per 20% *15 * Firth 9 Jan • 19 8% 89 First 126% Jan 27 20% Jail 5 33% Jan 18 Vb Jan .14% Jan *4 % % Tbur: day Wednesday 24 20-% *18% common $ per 39% 5 Mfg Co Ferro Enamel Corp Fidelity Phoenix Fire Ins N Y Firestone Tire & Rubber com' .14% Jan 20 Jan Oct 15% 11 SALE PRICES Jir.n. "t $ per share .2- Felt <te Tarrant 103 HIGH Tuesday *23% - 20 Federal Mining 10% f No par_ AND -Monday Jan. 28 $ per-share ... 5'% Jan - Jan. 21 Falstalf-Brewing Corp 1 Family Finance Corp eommoii—1 F A R Liquidating Corp 1 Fedders-Quigan Corp _1 3*2 Jun Saturday Par .22% Jan 7 15% Jan 26 -ll'/a Mar ■' 11 RECORD LOW YORK.STOCK EXCHANGE $ per share . 3 19% 41% STOCK (471) STOCKS Year 11)49 . Lowest $ per YORK CHRONICLE' 10.4C0 2,009 19,700 ■ 6.800 ■ 2 COMMERCIAL THE {472) Year J,l» H» RECORD $ per share HIGH AND LOW SALE TRICES Thursday Monday Tuesday Wednesday Jan. 21 Jaiii 23 Jan. 24 Jan. 35 Jan. S6 Jan.27 $ per share $ per share $ per share $ per share EXCHANGE $ per share Par $ per share 5 per share Monday, January 30, 1950 Saturday STOCK YORK NEW Range Since Jan. 1 Highest Lowest Highest $ per share CHRONICLE STOCKS Range for Previous Lowest STOCK YORK NEW FINANCIAL & $ per share . for Sales Friday the Week Shares H 31 Jan 16 Va Jun 12 Jan 11% 24% 72 Va July Apr 4 12% Jan 4 77 Jan Jan •;' 14 Va Jan Jan 27 3 -' / 20 Jan 145 Jan (M A) Jap 145 5 Refrac ' Scliaffner & Jan 25% Dec 23% Jan 3 27% Jan 12 Hart 4% Jan 7% Nov 5% Jan 3 6 ft Jan 11 Hat" Corp 5 68 Va Jan 11 Jan •10 Hayes Industries 8% Jan 7 Hayes Mfg Jan 68% Oct 64 Va Jan 6 Va Jun 10% Dec 9% Jan 12 5ft Jun 9ft Jan 6% Jan 3 61 ■ 19% Feb 20 Va Jan of 21% 22% Jan 27 24% Jan 10 Hazel-Atlas 3 28% Jan 27 Hecht Co Jan 95% Dec 94 Jan 37% Dec 105 Oct Jan o 106 Va Jan 24 6 3.65% Helme 17 Glass J) Co . 28% W) (G Jan 32% Dec 31 ft Jan 13 32ft Jan •'34% 42% Dec 41 Jan 3 41% Jan 13 Va Jan 17ft Aug 16 Ja.i ±5 17% Jan 7 Hercules Jun 53 Dec 49% Jan 23 52% Jan 9 Hercules Powder Feb 131 Sep 26% Mar 45 Dec 122% Jan 6 Vl27 Jan 40% Jan 25 46 ft Jan 11 55 Jan 26 125 24 Nov 53% Dec 53% Jan 4 51ft Nov 52 V« Dec 51% Jan 6 53 Jail "32 42 Aug 21% Jan 15% Jan 3 17 ft Jan 5% 147/a Jun 21 % Jan 13% Jan 20 18 Va Jan 7 Dec 84 Va Sep 77 Jan 25 80 Jan 6 12 ft Dec 11% Jan 4 12 15 Va Dec 14% Jan 4 15 % Jan 8% May 11% Jun Jan 15V4 Sep 13% Jan 5 14% Jan 12 Dec 25% Jan 14 27 Va Jan 11 Holland 12% Jan 27 14 Va Jan 5 Oct Jan 18% Jan 4 19 Va Jan 9 Sep 27% Jan 16 x23% Jan 5 28% 24 Va Mar 34 ft 50% Nov 34 % Jan Dec 101'/a Dec 101 34 28% Jan 41% Nov 35% Jan 27 86% Jan 99 Va Dec 95% Jan 7 98 Va Jan 23 42% Jun 48% May 46% Jan 13 48Va Jan 23 36% Jan 41'A 41'A 41 41 ft 54 Va 55 55 54% 55 50 "52 Va 52% x52 52ft 52'A 52 ft 52 ft 52% 52% 53 53 53 "17 17% 17 17'A 16% 16% 16% 16% "16% 17 14 ft 14 Va 14% 14 14% 13% 14 ft Va "77 78% 77 77 $2.25 3%% 14% 25% 25% "13 % Howard 9 Howe 3 Hudson $ per share 31% Jun 36% Dec 35% Jan 3 Feb 36% Dec 34 ft Jan 25 13 Va- 13 13 12% 12% 12% 12% 12% 12% 3.000 "33 34 33% 33% 33% 33% 33% 33% 33% 33% 33 33 Va 1,200 36 Va 36% 36'A 36% 36 36% 35% 35% com "97% 98% 98%, 48'A 48 48 13 "12% 41% 14% 15 -.6.66% 9% 9% 1 2% 2% __ — Jan 20 Leased 20 RR 25% Jan 37% Nov 36% Jan 13 38 Jan 27 51 % Jun 55% Nov 55 Jan 13 56% Jan 4 7% Sep 10 Va Jan 9 Jan 24 9% Jan 4 28Va Jan 3 4 13 13 67% Jan 29% Jan 25 Jan 19 51% Jan 5 9 69% Jan 170 11 Jan Apr 163 Jan 6 30 May 41 Va Jan 38 Jan 26 Jun 18 ft Jan 13% Jan 3 Jan 10% Dec 10% Jan 27 Apr 18% Dec 16% Jan 16 18% Jan 11 95% Jan Dec 2Va 9% Jan xl45% Jan 22% Jun Dec 234 29% Dec Feb 40'% Jan 9 15 Jan 12 11 Jan 5 Electrica 8 1/2 49 % 173 "167 Jun 34% Oct 33% Jan 25 34 ft Jan Jan 86% Oct 84 Jan 4 86 % Jan Dec 6 Jan 4 7ft Jan 14 25% 133 Jun 3 29% Jan .20 Jan 143 27% Jan Feb 132% Jan 4 134% Jan 33% Jan 25 37 Va Jan 11 Jan 4 106'% Jan 37 ft 94 Jan 103% Nov 7 ft Feb 5% Jan Feb 49 % Jan 3 56% Jan Jan 20 57 Va Jan 4ft 43 50 Nov Nov Jun • 71 Feb 61 106 56 6 6% Jan 12 9 lo 17% 17% 17 Va 17% 17% 13 —100 95 94% 94 '/4 941/4 94'A 941/4 94V4 "94 ft 1% 500 13% 13% 6,400 228 Va 227% 228% 2251,4 226'/2 226% 229 "225 27 100 226 27'/a 21 Va 27% 180 Va "180 180 V4 180 »/4 10% 9% Sys class A__25 26% 27% 26% 180 Va lao'/a 180% Canada 9% 9% 9% 9% 33% 31% 32% 31% 32'% 31% 32 85 Va 85 Va "85 Va 85% 85% 10 86% 86 Va "85% 86% 6% 29 V4 6% 6% 6% 6% 0133 Va 134% 34% 35% of Cent Amer com. ..No par 100 Salt No par 38% 29 100 7.50 , * 102 Va "6 V4 55 Va "55 107 6% 28% 134 34% "1021/4 "6 29% 35% 106 6% 55% "54 '/a 55 V4 57 "55 57 "45% 45 % 45% 45% "51% 52 Va 52 52 Va "6 Jan 6 25 "33% 34% "33% 34% 9ft Jan 3 13ft Jan 14 International Telep & Teleg__No par 12 Va 12% 12% 12% 11% Dec 18 % Jan 25 20% Jan 9 International Utilities 19 19 18% 18% "18% Aug 20 V2 Jan 4 22 % Jan 9 Interstate 18 32 ft Jan 7 Nov Jan Feb 30 Jan 27% Jan 5 29 Jan 27 Jan 21 141 Jan Intertype 3 140 Island ._5 "33% 18% 22 21% 21% 21% "30% 31 30% 31 Va 80% 31 50c 28 __1 common- — 140 28% 140 28% 140% 231/4 28 "139% 141 301/4 Va "139% 340 35 % 25,800 105 6 Va 6 53% 54% "55 57 2.200 1,470 53% 56% ■ . ' 45% 46 1,000 51 Va 51% 31% 1.100 34Va 34 34 18 V2 "21 30% r 28'/« 28'/4 "28 28 Va 141 133% 34% 45% 11% 12 18% 31 132% "103 6 v "33% 21% "21 21% No par Coal 11 Va. 12 Va 19 3.400 21,0()0 51 34 Va 34 Va • 6% 28% 45% ' 50 '/a "21% Corp_ Creek 45% 50Va —No par Stores- Dept $6 preferred 45% 53 "33% Jan Apr 53% "55 400 6% 34% 104% 6 6 53 Va 57 45% 45% 11 Va 52 Va "55 57 "51 34 Corp 5% 6'/4 54 Va 133 % 34% "103 8.400 23% 6'/a 29 133 35 104 Va "103 106 54 20 preferred— 133 % 33% 35 Va "55 '25 28 'A 88 "6% 28% 133 Va 134 34% "1021/4 6% 28% 6 28% 28% 134 134 No par ; common— 330 14.900 9% 32% 86% new 1.400 22,600 9% 9% 33% 6% com_..No par Co com 27 % 180 Va 10'A "85% — 224 331/4 1 Corp.. 27 179% 10 100 1 ;34 224 27% 180 Va 33% . 228 27% 180 Va 27 1801/4 com——5 Chemical Mining Silver 32 170 "1% Shoe 34 1.800 1% International 148 1 400 13 13% International Jan 10 % 95 13'A 9 Jun 18 "1 Va 10 Aug 10% 10% "lO'/a 10% 17 V* — 1 % Jan 24 2.000 13% V» Jan 24 8,600 14 Va 1 % 54 136 % 38% 13% 13 Va 46 23 171% 38 13% 1% 3 Feb "166 33% 13% 13% 14 18 ft 171 Va 38 "1% Jan 7% 16G 14 13V4 49 % Jan 35 2,200 ■ 1% 45 13 68% 13% Oct J Jan '| 3,500 48% 68 ft 1% Jan 33 2,100 47% G9'/4 13 Va 46% Jun 8% 49 'A 1% 57% July 14,280 13% Jun 7% i 29% 1% Jan 14 Va " ! 1.000 69 "941/4 ___No par & International "10 10% 5,100 9% 38% 171% "166 171% 38 55% 8ft 8% 69 % 10% — 41 30% Aug "166 8% "48% 631/4 95% preferred— 5% 171% 8% 49% 69% Va. 3% 48 Va 17% preferred—___________ ..No par Int'l Rys 69% 69 10 3,8 common—..No par of Preferred $4 8% 49% 8% 49 j 1 . 1.040 13 % preferred Nickel 8% 50 29 1 .j 1,100 No par " Internat'l Paper 14 „ Minerals Int'l 10 Dec 29% 29% 29% 2S% 17% Machines International 16 Dec 31ft Dec 33% 29% 29 V4 3,600 26,209 34 % 9 Va "9412 —-1 preferred— 4V 29% 37% "55 91/4 a Rubber—No par Iron Int'l Hydro-Electric Int' 9ft 34% common———5 Inc preferred—— Intercontinental 23 6% 9'/4 "10% 10% 55 % 55% "9 10% Ctfs Harvester Feb 37% "55 9 V« 13% Business 3% 37% "55 55% 9 33 Va Int'l 73 Va 24 37% "55 9% 14'/4 Corp 7% 37% . 55% 39% Int'l 4 34% 14 6 4 "166 541/2 33% Interchemical 16 69 Va 37% 37 Va "99% 35 141,4 9 Jan 101 ■ 39% Jan 10% Jan "99 % 101 101 34 "99% 85% 14 29 ft Jan 181 101 '35 39% Interlake 4 97 "991/4 101 39V4 7 12 •93% 96 14 V8 -11 9ft Jan 36' "94 % 39 Va 2 Va Jan 178% Jan SlLares 35ft 35% 95% 14 % 13 % Jan 231 8% 100 36 36 % 95 Copper—..——20 Insuranshares . 29 49 V3 69% 3 6 V4 35% 96 Co—_No par Steel Inspiration Cons 4%% 9% 8% 69 36 Va 36% 37% "55 49 % .No par 1 preferred : 1 .'. 36% 34 ',4 96 371/4 37% 55% 361/4 37 Va 33 A— S Mex, Ingersoll-Rand common. 13 4 De Rayon 25 25 37 % 36% 36% 35 36% "55 36 37 ft 97 97 "99V4 101 "35% Indianapolis Power & Light—No par Co— RR 36 % 98 97% "99 29% Jan Jan 100 A—1000 29% 6% $ per share for the Week 36 x36 36% 37% 9% % Jan 31% Jan Sper share "9 Va 1 212 Jan.27 $ per share 5 Inland 700 Sales Friday Jan. 26 $ per share 3,2O0v PRICES SALE Thursday $ per share 1,900 . 2ft 18 Va 13 Jan. 25 36% preferred—_——50 Industria HIGH 9% 2ft 18 18 300 2.70!) 14 200 Wednesday I per share pfd ser A—100 series ctfs Terminal Industrial AND ft 9% 2'/4 21/1 18 4,300 Jan. SI 37% 4'/• lines 4.70V 2 9% 9% 9'A 2ft "17% 2ft 18 9 Tuesday common-10o Co conv non-cum 12% Jan Dec 10 18 9 Va 9ft 2ft 18 403 2,500 "8% Jan. 22 20 RR 93 Dec 180% Jan 5% 2ft ft 17% 41% 41 Monday " 164% 9 ft 9 Va 18 LOW Co__ 3 Jan 13% . 8 9 Va I stock Illinois 10 95 ft 8% Jan.21 Illinois Power Co commoiu__.No par 19 Jan 155 Jun 2ft ' Saturday STOCK YORK Central Jan Jun 9 ft : 17% 17% Co.._^ _No par Refrigerator 37% Jan Jan 1,200 13% 40% 15% 98 Jan 8% 40% 197 7 "16% 411/4 8% 14% 17 47 17% 411/4 8% 12% 25 Dec "16% 40% % 40% 26 Jan 16% 40% 14% Jan Dec 16% 41 41 94 Va Jan 8% 17 41 13% 34 Jan 41% 14 Dec 53 ft 19,000 13% Jan 29% 43% 40-% Dec Jun 42% 14% 34 ft 33 ft Mar 42% 14% Power Illinois 6% 41 41ft preferred—_ Car Par 3 41 14% 96 Jan 40 41 Va 100 95 40% "13% c_ . EXCHANGE Idaho 7.900 14% NEW 5 48 Va 41 Va Hussman 20 70 48 Va 14 Va t v Corp Co Hunt Foods Inc Jan 98 Va 48% 41 Texas of $ per share 39 35% 98 Va 48 "93 99 "98 99 14% Jun 1 % 35 Va 99 47''4 "98 Va "13% Jun 86 Va ' 47 l/a 39% 98 Va 48 ft 48 ft 16% 36 Va 100 par — 60 48 Va 36% common. _No par — Hupp Corp 37 Va Jan 730 13 102 14% Jun 8 114 102 14% 20 12% "112 '/a 103 41% 95 165 114 14% 73 11% 114 "102 34% 13% ' Oct 114 103 33% "13 non-cum Highest 22% 72% 34 114 "102 34 No par "102% STOCKS $ per share Jun 33% 113% 102% 34 104 .1. 55 34 113% 102% 34 104 . _—— _ Manhattan & Range Since Jan. 1 Lowest 2,300 34 114 114 300 700 No par Stores Sound Range for Previous Highest 4.700 114ft Motor Year 194!) 47 103% 34 34 45% "41 ft Hudson Jan 45% "13% Hudson 4 45% 100 5 12 21% 45% 9Va 20 share 4 oft 23% 8% 15% Jan $ per 45% : 18% 28 8% 15% Jan 4 46% 18 Va " 8% / 41-'% Jan 18 % Jan 181/2 281/4 common—100 13 13 18% 28 '/a 41% 26 3 18% 28 17 39% Jan 11 18% 28 41ft 12% Jan 2% Jan 19 Va 28% 17 Jan 10% Jan "18% "28 42 Dec ; 600 19 ft 28 17 47% 3 2,400 12% 41% 17ft 12 400 26% 12% 41% Jun 1% Jan 14 Vt 25% 13 41% Jun 8% Jan 14 25,% "16ft 8ft 13% Jan 14% 13 a 1 33 Va Oct 13% 45'A 300 25% 25% 13% "14 14% 25% 13% 5' Jan Jan 14% 25% 13% 25 13 Jan 14% 25% 2,700 15Va ___% Oil Jan 2% "14'A 10 12 12 "15'A 1 Houston 20 Dec 14% 15% 700 78 Va 40 11% 11% 11% 15% "76 34,500 114 Finance Jun Nov 11% 15% 45% 46% 33% 11% 15 ft 1.200 14 par A_fl_ .No Light & Power— .No 4 Va Feb 46 % 5 11% 15% 13% Bay Min & Sm Ltd. ..No par 27 Jan 44% Jan 57/ com_ 11% 28 19 ft 28% 12.50 .— Co 11% 14 "18% "18% "28 78% "15% 14% "13 Va 30 "76 25% 25% 14 10 preferred Houston "14 "14ft 14% 300 16% "16% 14 90 2,400 preferred- —50 conv Household "15% 5 127 15% 12 11% 15% 5 Mining 17 Lowest 1 12% 12 Co Electrochemical 43% Jan 1% May "15% 5 preferred—- 5 8Va 10 78 "77 78 & Sons (A) 5 9 "76 Col- "126 126 14 100 _ (Charles E) 12 3 1 A— _ Paper Furnace 15 ft Jan 10 — Corp_ Dauch conv 125% 100 com Inc——— 40% Jan 17% Jan 128 "126V4 41% 54% 38 Va Jan Dec "126'/a 127% 40% 54% Oct 18% 127 Va "126 ft 4i% Jan Jun 126% 54% 16 10 ft 127 41% 46 '/a 8 1,100 5,100 41% Jun Oct 20 16% 54% Jun 44% 190 500 42 "41 "54 Va 12% Feb 42 "41 31% 31% 31% 31% 41 41 x41% 31% 29% 42 50 Houdaille-Hershey 5 33 "31% 32 "41 49% 10 3 32 42 105 Va "16 V. Jan 25 32 "105 161/4 9 12% Jan 1051/a 50 Va Jan 31% Jan "105 16 'A preferred—_ _1 Dec 105% 49% $4.25 Nov IfVS ft 16% 19 13% 300 105 Va 50 ft Jan 35% 39 Va 16 104 Feb "39'A 49% 2nd pfd series Jun 9% 39% 16% $4.50 30 "39 50 Va Hooker 14 39 Va 16% Homestake 12 Sep 94% 39 ft 49% 5 % Jan 109 100 39 Va 16% 11 116 Dec 95 50 25 13 116 "93% 16% Jan 13 Jan Jun 95 49 Va 34% Jan 24 32 ft Jan Apr 100 5% "93% 16% 47% Jan 45 ft Jan x24 - 94 50% Holly Sugar Corp • 1,000 94 55 Holla nder 15% 28% 41% Hires Co 29% 22% 28% 41% Hotels Jun Jun 28% "54% & 12 ft Jun 28% 50 Hinde 87/a 1,500 19 .No par Hilton 16% 7,100 "28 9% 50% preferred series 20 ' 2,200 7% 10 preferred series B__ 3%% 7 10 Va 10 Va "16% Heyden Chemical Corp Va Jaiv 11 70 22 ft . 10 • 2,500 67 Va preferred series A__ 4 Va % 800 * 6'A Va No par ... Hewitt-Robins 77 26% 6 " 67 common./ .No par preferred Chocolate 4Va% 11 52 "26 61/4 68 7»/a 32 32'A "41 _ preferred Hershey 28 xl3% common non-cum 26% 6 "67% 148 22% "41 10 _____25 Motors... 40 1','c ./ 26 >/4 " > 94% 105 105% 105% 105 Va 105% preferred 40 6 *"146 148 "146 100 7% 39% "39 Va 40 3,000 20% 22% "93% "39'A 30 21 21'/a 7% 28 Va 25 107 107 21 22% 28% 94% "106 "106 67ft 10 7% 22% "93% 80 7% 7% 22 Va "93 % 80 22 ft 7% 22% 29 2,200 79% 17,100 7 Va 7% 22% "28 Va 13% 22 Va 10 Va 10 10% 10% 28% 94 Va _ ... Jan 5 . .100 _ common 23 ft . 22% 7U0 131/4 "78% 26% 6 67 ft 10 Va 7% -5 Co— preferred (H Heinz 9 0 _ 14% 13 Vt 21% 26% 6 68 7% 22% 10 ft 1 .... _ common... 3%'./ 3 . Jan 41 Jan 105 94% Jan 17 37ft Jan 1 Inc. 5% 24% 14% 13V4 148 ; "146 26% "26'A 68% "67 41% 24'/4 14% >. 107 20 % 148 "41 Va 24% o 79 '/a "105% - "67ft 6 6 6 68% "67 13 79% 21% "146 26 Va 26% 26% "5% 1 100 Corp 25% Jan 26 Va —10 —- common ... 13 /•■- ' 41% 231/4 *14% 106 21% "41 'A "14% 23% 14 % 13 Va 106 148 "146 148 "146 100 23 Va "78% >79 % 21% 21% ' ' 41% "41 14%.. 14%* 13 Va 107 "106 41% 23% 23 Va ' 79 Va "78% 106% 21 Va Marx America preferred Dec 30 Jan 11 -4%% Dec 25 25% 84 98 ft "78% 106 Va 1 20% 13 Va 100 preferred 6% 5 13 13% 13 .No par pfd_ 1 Feb . 14% coin_ .No par — —— $4.25 Co 23% 14% 79 Va preferred conv 23% 15 "14% „5 Watch Co com—— _No par Harbison-Walk 12 21% Jan 3 4 'ir Hanna 23% 23% "41 41% "41 41% "41 Cementing—5 Well Printing Co—— F) Hamilton 12 80 24 Hall •( W 12 15% Jan 5 106 Jan 23% Oil 25 Water Halliburton •107% Jan Jan 149 May 14 Vs. Jan Hackensack 27 24% Jan 13 Nov 81 108% Nov 18% 142 Dec 11 41% Jail 9 22% Jan Dec 13% 40'/a Jan Dec 14% Jun 104 Va Dec 39% "139% 141 11% 12 12% 76,400 900 19 18% "18% 21% 21% 21% 30% 30 30% "139% . / 500 . 3,800 ,y 29 3,200 141 50 29 281/4 141 1 100 ; i 2% Jun 11% > Jun 18% Jan 14% Jan- 81 Jan 94 7% Dec Dec 92% Jan 6% Jan 7% Jan 11 Jacobs (F 5 15% Jan 12 Jaeger 93% Jan 3 13 44 Jan 59 Va Oct 3 62 Jan 24 95 Va Jan 105% Dec Jan 3 106 Jan Jun 50 Va Dec 45 Va Jan 18 49% Jan 3 Dec 124% Jan 19 Jewel 20 30 Va 101 Jun 130 56 Va Jan 104 7 27 Johnson 20 4% 16 Joliet 108 Va Jan 4 109 Jan May 155 Dec 170 Dec 180 lb 180 Jan 54Vi Dec 48 Jan Co Co 3V2V0 & 15% 15% 15% 93% 93% 93% Inc common—_No par 100 Johnson "59 "106 No par 47% 100 Corp com "124% preferred & 6% "15% "92 % 4"!< preferred—. 2nd 6% 6% No par pfd__100 Co & Lt Pwr Manville Jan 3 109 Jun Tea 3Va'U Johns 53 Va Jan 132 Jan Feb 29% 102 L) Jersey Cent 6% ——1 Machine 25 59% 107 47% 127 50 Va _12% common preferred series A_; 49 Va 100 "108 % 110 "170 180 Chicago RR stamped-'-_10q 5.9% "106 47 "A 126% 50 108% "170 61% 6% "15 93% 61% "106 107 47% 126% 47 125V4 50 50 108% 108% 62 61 61% 107 106 6% 6% 15 93% 6 . 45 '/2 47% "122% 127 51 Va "50% 108% "108% "170 180 6% 6% 1 6% - "15 931/2 93 61 v. 61% 60 % 61% 46J/» 47 "122% 127 15 107 46% 126 106 1 46 ft' "122% 53 46% 53% 521/4 108% "108% "170 180 29% 30 29% 30 Va 21 Jun 33 Va Jan 27% Jan 13 12 Jones & Laughlin Stepl com—No par 29 29% 29% 2.9'/« 30 VA Jun Jan 81% Jan 84 Jan 12 100 83 83 82% 82 7 a 82% 82 % 82 V, 82% 82% 83 Dec 40% Mar 30 Va Jan 13 33% Jan 27 5% preferred spr.ies A— Joy Manufacturing Co—_ 83 86 13 83 73 30 % 1 31 31 32 32% 32% 33 Vn 321,4. 33 32 % 33% 33% 33% 30% Jan 29% 29 30 Va 500 10,100 110 180 "170 ' ' 11C 9,300 126 52 Va 180 250 2.700 106 */ 108 Va 52V4 110 200 93 "106 106 3,300 15'A ft 93'/a "15 ^ "170 130 Va 15 92% 6% 151/4 93% • 130 • 16,900 3/0 21,000 • K 8% Jun 12% Jan 10 V2 Jan 3 11% Jan 10 Kalamazoo Stove & lo Furniture "10% 11% 94 Va Jan 102 Aug 98% Jan 25 99 100% Feb 105% Nov 104% Jan 9 106 V4 Jan 26 Jan Feb 49% Dec 46 Va Jan 12 49% Jan Jan 62% Dec 59 V2 Jan 26 62 14 Va July 17V4 Nov 16V8 Jan 3 x34 ft 52 City Power & Lt Co— 3.80% preferred—. ' U "10% 11 99 ft "93% 99 V. 106% "105% 106% "105% 106 Va 47% 47 Va 47% 47 47% GOVa 60% 59% 60 60% 60 Va 700 17 Va 17% 17ft 17% 17% 18% 12,200 13 13 ft 13 V. 3.40C 20% 20% 500 17% 700 10% "10% 11 10% 10% "98ft 99% "98% 98 Va 98% 98% "105 Va 106% "105% 106% "105% 48 Va 47% 48 46% 61% 60% 60 3 4 17% 17% 17% . Jan; 17% Jan 13 Va Jan 16 5 6 27 . 4ft cum Kansas 4% City Southern non-cum Kansas Power & 10% Jun 14% Jan 12% Jan 26 9 Kayser Jun 23% Dec 20 ft Jan 13 21% Jan 9 Kelsey Hayes Wheel Jun 19% Dec 16% Jan 3 18 V2 Jan 9 For footnotes see page 18 (Julius) & 99% 106 com... No par 48 ft 100 61 ft 61 Va 17 17 1 Light Co com—8.75 17% "98ft "105 48 Va preferred xl3% Class B 100 —100 preferred— Co conv 48 "60% 17 , ; 5 "12% 13% 13 13 13 12% 12% 12% class A—1 "20% 21 20% 21 "-'0% 20% 20% 20% 20% 20% "17 17 ft 17 17 "17 17 ft 17 17 17 17 ; _1 13 1,100 10% 99 Va 10% Kansas "17 80 4,000 THE Number 4877 171 Volume COMMERCIAL Year 194!) NEW Range Since Jan. 1 Lowest Highest $ per share $ per share Highest „ Jun 56% Jan 50'/a Jan 3 54% Jan 39 Jun 48% Nov 45% Jan 12 46% Jan 4 11'/a Feb 16% Nov 15% Jan 3 18% Jan 19 17'A Jun 25% Dec 24' Jan 13 Jun 107% Dec 106 Jan 10% Jun ' 20 25'% Jan 4 < 4 Jan 16% Jan' 5 16% Dec 15% Jan 18 72% Dec 69'% Jan 14 71 Jan 31% Jan 28% Jan 13 29% Jan 5 98 Jan 93% Jan 9 95% Jail 90 % Aug * 6 •Kresge Jan 5 Kress Feb 43 Dec 40% Jan 27 48% Feb 62% Dec 59%'J an 25 62 60% Dec 59% Jan 16 61 6% Jan 12 43 Jan 4% Jan 3% Jun 17% Jan 22% Jun 11% 9% 43 - Jan 5 H) Kroger Co Laclede 8 Oct 7 'A Jan 3 6 Jan S S) ( (S Jan 3% Jan 3 4% Jan 12 La Dec 21% Jan 4 22% Jan 10 Lambert Dec 11 13 12 % Jan 9 Jan Jan 25 Gas Jan 17 3 8% Jan 10 27 50% Jan 7 3% Jun 1% Jun 15 5% Jan 3 Jun Jan 24% 4% Jan 4% Jun 8% 56% Feb 11% 11 2 % Jan 10 18% Jan 26 5% Jan Dec 8'A 5% Jan 3 4 4 6'/a Jan 9 57 % Jan 11 17 Jan Jun 3 Jan 1% Jan Jan x41% 95 54 Dec Jan • 13 10 23 11% Jan 20'/« Feb 26 % Sep 22% Jan 3 24 % Jan 9 44% Jan 64 Dec 61% Jan 27 65% Jan 11 6% Jun 8% Mar 7'A Jan 3 8% Jan 6 34% Jun 37% July 36'A Jan 3 37% Jan 18 27 89% Jan 3 11 185% Jan 25 72% Apr 91% Oct 10'% Jan 83 Jan 170 Feb 186 Sep 182 Jan 33 Jun 49 Dec 45 Jan 17 x6% Jun 10% Jan 8% Jan . 25 52% Jun Lees $3 inar. Lehn & Fink Libby Life 7% Link Lioii Oil Liquid 65% Jun 78 Jan 73 Jan 13 75% Jan 21 16% Feb 25% Dec 23% Jan 13 26% Jan 9 Lockheed 14 % Jan 18% Aug 16-% Jan 3 18% Jan 6 Loew's Lone Jan 9 11 27% Jan 3 Jan 172% Dec Jan 23% 174 3 Jan 19 94'A 95 95% 95% 430 *94 " 95'% *95 00% 95'A 60% 6Ye "4 7 6"% . 7 41% 40% 41'A 40% 40% 40% 40% 2,400 60 59% 59% 60 60 60% 60% 1,300 60% 6% ,50 1 *46 47 *22% 22% ,*41% 42% „ " 3 *22% 23% 60% 60% 60% 60'% 60% 60% 1,500 6% 7 *93% 95 6% 6% 47 6% 6% *47 47% 22% *22% 23% *23 23% 800 40% 41% *41 42 *41 42 400 23 " 23 23 23 *22-% 23% " 95 94 94% *94 95% *93 % 8% 8% 7% 46% 46% 45% 5 Libby 95% *94% 7% 7% 7% 45% 8 46% 45% 44% 1,000 22% 96 20 8 3,800 45% 1,900 5% 8,700 2 4,300 ' 5% 5% 2 2% 18% 5 % 6V4 55% 54% 2 18% *5% 5% 5% 2% 18% 6 55% 4% 2% 18% 6 5 2% 18% 18% 5% 5% 2 18% 18"% 5% 55:% 5% 5% 2 Vfi 18% 6 54% 5 2 2 18% 5% 54% 55 54% 6 1,400 1,500 6 54% 55 18% 4,300 54% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 1,000 23% 23% 23% 23% 23% 22% 23 n 23 22% 23 6,600 63% 63% 63% 63% 63% 62 63 61% 62% 61% 62% 7,300 7% 4,900 7% 77% 37 .25 87'A 87% 1:184% 185 No par *45% 46 5 8% 7% 37 ... *94 22% 23 63 'A ..7 Corp.;.: 22% 23 —..._______5 com 220 47 % *47 47% 22% 41% 8% 54% 3.000 22% 46% 6 1,400 11% 41% 8% 2 800 4 22% 46% 5% 14,300 7 22 42 8% 18% 4 4% 22% 22"/a 47% par *4 *41 3% pfd.—No'par 7% 87 184% 184 46 * 7% 7% 7% 7% 36 % 37 *36'% 37% *36% 86% 85 8G 84% 85% 185% 185 46 8% 7% 36% 86 37 86% 7% 36% *36% 8% *10% 185 *45% 8% 185 47% 8% 8% 7% 185% 45% 8% *185 45% *46 8 37 700 83 84 6,100 185 185 47 47 48 8% 120 300 17,600 8% _J_ '/a 8% No par 64 64 63% 64% 63% 63% 63 63 62% 62% 63 No par Co convertible 30% 31 30% 31% 30% 31 % 30 3C% 30% 31% 30'/a 30% 13,200 19% 19% 19% 19% 19 19% ly 19 % 18% 19% 3,600 preferred par 19% 193/4 8% 800 63 Star Cement Co 75 % 75% 75 % 79 24% 24% 24% 24% 24% 24% 23% 24% 24% 24% 24% 24% 11,700 17% 17% 17% 17% 17'A 17% 17VB 17% 17'% 17% 17'/a 17% 8,900 77% 77% 23% 76% 77 % 76 76 75 % 76'A 76% 77 76 77 5,200 23 23 % 23% 23% 22% 22% *22% 23% 23% 23'A 600 26 26 26% 26 26'/8 25% 26 25% 25% 25% 25% 5,400 173'/a 172% 172% Corp.. Corp Long Bell Lumber 1P1 100 ___1 .......No par Aircraft Inc l'/a *46 4% 4 *46% 1 Co Lorillarci 47 4% 10 .....No par Corp *4 25 Carbonic Corp com__.No % *46 common..3 100 4% 800 No par (Md» A__..No par common,, .*23 .10 preferred 25% 100 *172 *75 173% * 78 172 172 172 172 *77 80 *77 173% *172 *172 80 *77 100 80 150 Dec 30% Jan 11 32% Jan 26 Louisville.Gas & Elec Co (Kyi No par 32 32 32 32% 32% 32 32% 32% 32'/a 32% 1,800 Jan 34'/a Jan 3 40% Jan 24 Louisville 32% 32 41% 37% 37% 37% 39 39 % 39 40 39 39% 39'/a 39% 17,800 27 40% 25% 25% 25% 27% 5,500 25% Jan 15 Jan 95 95% 109 32 31% May 20% Jun 95 171 95 .*94 —i.loo Cup Belt 7 9 153 & 11 66% Jan 21% Jan 80 4,500 60% preferred 31% Jan 24% Jan 29% 61 com.. Corp Tulip 3 6 28% i*60 Liggett & Myers Tobacco 13 13 28% 41% Products.. McNeill Savers 26 27 28% Stores Corp —No par Libbey Owens Ford Glass...,No par 17% Jan Jan 29 Lerner 29% Jan 22% Jan 28% (The)—___1__1 Corp 62% Jan 75 28% *59% preferred—No 50c non-cum 2nd Oct 25% Jan 28% 41'% Cement. 1st non-cum Dec Oct 29 5 Lehigh Valley RR Lehigh Valley Coal Dec Dec 28% 60 % Sons Co & Portland 33% Dec 29 60 3.85'a cumulative preferred Lehigh Coal & Navigation Co Lehigh 17% 25% 29 41% Tire Lima-Hamilton 27% 570 : 60 . & (James) Jun 76 70% 110 46 Jun Jun 16% 70% 41 • Co Lily Jun 16% 70'A 75 Pesos Mex preferred Rubber 10 Jan 16 70 11% 10 15'A 16 70 11'A Jan 19'% 15% 70 11% 19 X60 15% 70 11% 13% x67 15% 70 11% 9'/a Jan 47 15% 70% 11% 4%% Lel 15% 70 11% 9 Jan 109'A 15% 4 pfd 210 109 109% 16 70 11% 23% Jan 7% Jan 109% 3,600 70 11% Jan 44% Jan 110 110 1,900 3,900 , i 11% Lee 94 *108'% *108 19,300 '/a 4*15% No par 6'A Lane-Wells Jan 25% 11% 11 Dec 24% *21% 11 May 24% 21% 25 11% 24% 21% 24'A Jan 49% 24% 21% 44% Jan Jun 24% 21% 47% Jan Jun 25 21% 19 6% 24% 21% 25 33% 25% No par 22% Jan 3 24% common..! 40% Jan 24 24% Bryant Lane Oct Jan 17% 22 Dec 20 46 17% Shares 54% 46 '/a 18 *4 Jan 98 53% 46% 17% 22 47 22% 54% 46% 17% 4% 26'% Jan 53% 46'/a 17% 21% 45% Jun 54 45% 17% 21% Jan 16% 53 46'A 17% ..No par Jun 90% 54% 46 iThei.... 19% 46 54 18% Co 37 ' 54% 46'A 60 Light Co Consolid the Week 18 41 (The) Jan.27 $ per share 53% 110 for Sales Friday Jan. 20 46% _lo ... Thursday $ per share share 18 ___i—No par Co & $ per 54% ioo Co $ per share 46% 24% Kopp,ers Co Inc common..—_w_10 preferred $per share 18 *108 (G R) Co common.., j.I $5 prior preferred. .....No par 4% Jon. 25 54% . 100 —_ Wednesday Jan. 24 46 'A ,__5 Kinney 42% Jan x35% 1 27 No par & 4%' coiiv 2nd preferred Tuesday Jan. 22 $ per share Wire Co___No par Kimberly-Clarke Corp com,.—No par 3 Jun Copper...... County Land Co Keystone Steel PRICES SALE Monday Jan. 21 Kennecott Kern HIGH AND 13 (473) Saturday Par 26 110 Mar 25% CHRONICLE LOW STOCK $ per share $ per share 90 YORK EXCHANGE 40 62 FINANCIAL STOCKS Range lor Previous Lowest & Jun 100 21% 3 27% Jan Jan 25 99'/a Jan 5 18'A Jan 3 20% Jan 18 Sep 24% Jan Oct 98' Mar Lowenstein 4 %% Nashville^....., & (Ml Steel Co *25% 25% *98 100 99 *98 99% 20% *20Vb 20% 10 : 4. 20% NEW Range Since Jan. 1 Lowest Highest $ per share Highest YORK 26 98 19% 20'/a HIGH SALE 25% *98 Monday Tuesday Wednesday Jan. '»1 Par 20'A Jan.23 Jan.24 Jan.25 $ per share $ per share $ per share $ per share 25% 99 % *98 99% 10 20'A x20% 20% 1,200 PRICES Saturday EXCHANGE $ per share $ per share AND 25'A 98 20% 20% LOW STOCK 25% 99% 25% *98' STOCKS Year 194!) $ per share & Sons Inc com..]. preferred series A__i Lukens Range for Previous Lowest 50 Friday Thursday Jan. 26 $ per Jan.27 - $ per share Sales for the Week Shares share M 9% Jun 31% 14% Apr 131 Jan 42 '■ Jun 9% Oct 15% 33% 104% Dec 13 5 Jun 430 Jun 19% 525 11 Jun 15% M & MacAndrevs 27 138% Jan 18 6% Jan 17 Mack Trucks 32% Jan 9 Macy (R H) .14 Jan 5 Jan 20 9% Jan 25 10% Jan 12 13 17% Jan 9 14% Jan 27 10% Jan 3 105 4 % 'to 18% ■550 Jan 9 Mahoning 9 Jan 7 Manati 9 Jan 4 9% Jan 11 Dec Feb 10% 25 18 Dec 18 25 8% Jan 11 Maraeaibo 3 26% Jan 20 9% Jan Jan 19 Jan 9 3 18% Oct 18% Jan 4 Jan 5 Market Dec 23% Jan 25 26% Jan 9 Marshall Field 95% Jan 104 Dec 102% Jan 3 103% Jan 10 8% Jan 3 19 St 4 %%• Ry Apr 9% Jan 13 11% Jan 6 11% Jan 24 13% Jan 11 39 % Jun 59 Dec 60 21 Masonite 11'A Jun 170 13 J an 13 16% Jan 9 13 51% Jan 23 179 Feb Jan 15 47% Jan Aug 177% Jan 12 Jan 18 178 Jan (Glenn Master Jun 49 Dec 46 % Jan 27 Jan 98% Dec 98% Jan 18 89 Jan 98 Dec 97% Jan 4 80 Feb 88 Dec 87 Jan 10 89 % Jan Jun 12% Dec 11% Jan 3 42'A Jan 13 45 Jan 5 S3 112 Jan 20 $6 1st May 45 Dec Jan 113 Sep 19% Mar 25 Jan Jan 22'A Jan 3 33% Jan $3.75 13 21 $3.40 7 Maytag 13 Jan May Dept Corp •—..100 , 11 McCall 35 Vb Jan 11 McCrory 18 Dec 43% Jan 27 48 Jan 17 Apr 30% Jan 14 32% Jan 3 McGrfiw-Hill 53% Jan 25 Jun 45% 24 Feb Jan Corp 60% Nov 58 Jan 3 Mclntyie Jan 41% Dec 38% Jan 13 41 Jan 6 McKesson 92 % May 102% Dec 99% Jan 25 101 Jan 17 19% Feb Dec 23% Jan 23 17% Mar 13% Jan 3 25 Jun xl3 12 % $4 McLcllan-Storcs' Co___!_ 14% Jan 3 17% Jan 14 Jan 5 91 Jan 24 4%% 32% Jan 6 36% Jan 12 4% -2nd preferred 20% Jan 27 Dec 25'A Jan 13 27% Jan 9 11 Jan 3 42 7% Mar 27 8% 18 971% Jan Oct 8% Jun 37% Jun 14'A Jun 18 '4 Jun 124% July 10% Aug 7% Jun Feb 43 % Mercantile 7% Jan 3 7% Jan 3 Merch 42% Jan 3 Merck & Co 10 17 Jan x20% Jan 25 Dec 38% Jan 26 23% Jun 105% Mengel Co iThe) common. 5% convertible 1st preferred 11 Jan 40 July 30% 12 Jan 13 Jan 18 127% Jan 3 24 Jan 27 40 Jan 9 98 Dec 103'A Jan 13 105% Jan 20 110% Feb 109 Jan 27 109'A Jan 9 14% Jan 13 Jan 3 48 Oct 39% Jan 25 104% , 18% Dec 34 Dec 139% Mar 17% Jan 3 28% Jan 13 131 Jan 5 14% Jan 11 43 Jan 9 Mesta 12 Middle 25 Midland 27 8% 10'A Jan 13 11% Jan 12 Minn 63% 18 Minn-Honeywell & 61 Jan 4 99 Jan 10 100'A Jan 17 Dec 98 »/2 Jan 11 103 10 108 Dec 106% Jan 23 108% Jan 5 15% Jan 9 81 Jan 6 $5.50 1st 22% Jan 10 $1.50 2nd 10'/a Jun 14% Jan 13% Jan 3 67% Jun 80 Feb x77% Jan 27 16'A Jun 22% footnotes Nov 19 seepage 18 Jan 4 3.20% $4 *175 & 59 59 15% 15 15 15 15 *15 15% 600 50 50% 49 50'A 49% 50 50 50% 5,300 178 *175 178 *175 47 % 47% 99 178 *175 *175 178 59% 46%: 178 2,300 47 46% 47 99 99% 99% 99 99 99 99 *99 99% % 99i% 99 99% 99 99 99 99 *99 99% 891/a 88% 88% 88 89 89 89 89 89 *88 90 12% 12% 12% 12% 127/a 12% 12% 12% 12% *42% 12% *98 43% 113 *43 44 *111 113 23% 22% 47 42% *111 23 22% 47% 42% 43% 113 47 47 42% 113 *111 23 23 22% '/a *12% *42% *111 22% 44 113 *111 22% 22% 100 90 700 1,500 600 44 112 23 33% 33% 34 103'A 103'A 103'A *102 45% *44'A 45 30 % 31'A *30% 31% *54 54 % 2,300 103'A 44% 2,400 34% *102% 34 34 46 *30% 56 46 46 31'/4 *30% 46 * 31 % 55 55 54% 54% 53% 53% 39% 39 39 % 39% 40 3 9'A 39% 101 % *100 101% *99 % 23 7 *23% a 15 14% 39'A 43% *30% 53 % 40 39% * 98 % 44 31% 90 1,300 100 55 % 1,600 40% 5,200 100% 100 99% 99% *98% 100'A 24% 23% 24'/a *23% 24% 24 24% 1.100 14% 14% 14% 14% *14 14% 800 100 *14 16% 17 1,100 17 17 17 17 89'% 89% 91 91 *89 91 *35% 36% *35% 36% 35% 35% *34 35 34% 34% 34% 36% 300 26% 26% 26% 26% 26 26% 26 25% 26 25% 25% 3,800 3,200 12 12 16% 25% 16% 11% 16% *89 16% 91 11% 12 11% 11% 43 43 *42'A 43% *42 43 *42 43 14% 14% *14% 14% *14% 14% 15 *14% 14% *7% 8 7% 7% *7% 11% *7% 8 11% 8 11% 8 *89 11%' 91 11% 20 *42% 44 10 14% 15 600 *7% 8 100 40% 50c 40% 40% 41 41 *95 97% *95 97% *122 124% *122 123% *95 122% 41% *20% 21 21 21'A 21'A 39% 39% 39% 39'A 41% *95 97 123 123 39 % pfd. 100 4 l'/a 97 124 21'A *39% 41'A 41 *95 *121 97 122% 41% *95 123"% 41% 5,900 96% 124% 19 380 21'% 22 23% 23'/a 24 9,800 39'/a x20% 38 V4 38'A 38% 38% 2.200 240 *104% 1051/4 100 *108% 110 13% 13% 13% 13% 13% 13% 13% 13% 13% 13% 13% 13% 2.000 10 41 % 41% 40% 41 % 40% 40% 39% 40% 40 40% 40% 40% 4 800 18% 25,500 —_ 13% No par 30% *133 105 *108% 105 ' 110 104 *108% 104'A *104% 105'A 110 *108% 110 105'A *108'% 105% 105 105'A 110 109 109 ' 18% 30'A 134 18% 30% 134 18% 30% 18% 30% 133 134 18% 18% 30% 31% 133% 18% 18% 31% 3OV2 134% *133 *133% 18% 31% 135 18% 31 31 135 135 40 4,000 80 No par 13% 14 13% 13% 13% 13% 13% 13% 13 '/a 13% 13% 13% 2,500 Marie,.....No par SS 11% 11% 11% 11% 11 11% 11 11 10% 11 11 11'/a 1.900 3 65% pfd series A___,'__100 conv Min 2,300 59% 59% 15'A 17 100 Jan Nov 1,200 59% . 44 ; Inc 12 Nov 59 4,800 12 15% No par Minneap & St Louis Ry. 101 ' 20 10 % 51% 50 47% 10% *11% 103% 91 common.,....'5 17 101 For Prod 14% Jan Jun 104 Petroleum 3 Minn 60 *103 ___:_5 li'A Jan Jan 59% *15% .No par 3.90% Jan 66% Jan 10% 11% .,..5 12% Mar 66% 10% 11% *14% Co.. Utilities Steel Jan 87 *102% 11% .No par __ Edison South P 350 5.400 10% *42 % 1st preferred St 17 .1 common.:..: preferred series Mid-Continent Jan 19 24 103'% 59'A 10.000 9 19 23% 10% 23% 8% 9 19% 24 11% :50 Copper 19'A Jan *19 ' Inc Metropolitan 4.35% 19 24% *102% No par 2nd Machine Miami 8% 19 23% 12 3% Inc..:-.: preferred Merritt-Chapman & Scott conv 31% Jan 135 Co Transp Co $3.50 preferred $4 9 19'A 24% .1 12 97 1,900 3,500 50 (1st series) Jan 39% Jan 7% 26% *89% 11st series)...100 Jan 120 *7% 25% 10% 178 700 18'A 7'% 25% 103 % 15% 300 7% 11% 51 *18'/a 2,000 9'A 25% 10% 23% 15 Dec 8% 9 18% 20 8% 7% *102% *14% 12% Jan Dec *17% *9 550 26'/a 7% 26 12 14% 44 Min 18 18 8 8% 9% 10% 24'A Corp Stores *8% 10'% 14% 16 Dec 130% Shoe 39% *100 No par common preferred 9 550 8% 12 24% 13 99 Jan 18 9 13% 14 550 10% ,;10 Jan 43% Apr - 90 105% May Corp & 24% V S% 12% ..^..1 14 V8 Jan Jan *55 18 McQuay Norris Mfg Co: 82 Jan 8% *19 13% 550 8% • Porcupine Mines—5 Oct Jan 9 19'A 13% 550 8% 26% 31% Jan 15'A July 7% 31 % Nov 13% 18 25% Publishing.—_.No par 17% 49 18% 46% 34% Jun 9 46% 93% Jun 9 12% *500 8% 1 Jun Jun 47,100 13% 550 8% 34% July 7% 14% 13 *500 8% 103'A 70 Ve May 12% 1,500 34'A 28% 34% 1,100 16'A 103'A 9 Melville 9% 16'A 34% 9 Mead *9% 16'A 103% 60 300 105 9% 16'A 103'A Jan 16 105 *9% 34% 26% Jan 105% *104% *102'% No par 3,700 9% 34% com 32'A 16'A 103% & Robbins Inc 32 105% *34% preferred 32% 9% *102% 1 11,200 16 % common.....1 McGraw Electric Co 13% 9% preferred—.100 Corp convertible 30% 23% No par Stores 3 % % *42% 12% 103% 12% *111 13 102% 89% .No par *104% 40 200 12% 32 1 16'A 8'/a 8% 99% preferenee__.._No par 105% 26'% *19 99 cum 32 136% 136% 102% 47% No par 31% 40% 136% 25% *08% common 32'A 40% 136% 24% *98% Co 13 '/a 7% 9 —.—...No par 24% Jan 29'/a *175 18 'A 19% common,..,.;—.5 103% Jan 101 49% No par 12% 40% 25% 1.947 series_.No par cumulative pfd ..No par 5 Dec Dec 60 *15% 13'A 26% 8 Stores 26 100 10% *136% 9% *9 18% 13% 550 8% 26% preferred Jan 36% Jan 102 % *12 $3.75 cum pfd 100 34 30'/a Mar 90 41% 111 12 * 1 preferred 3 30 110 5 Jan 99% Jan 25% .....No par .1 48% Jan 8% *19 .1 Co preferred 89 7% __5 .No par Chemical 38 8 pfd.._100 Co Corp. Electric Mathieson l'/'o L) 9% 26 % com...—No par 13% *500 9 *18% 1 Martin-Parry Corp 13% *9 .5 ... 16% 550 1,400 13 12% *40 16'A 10 16'A *8% 12% *12% 40% 136% 137 9% 10 16% 13% No par 100 Jan Martin ; 13 13 *40 *104 104'% 10 16% *500 13'A 40% 32 10 , 1 preferred 13% 56 104% .50 prior Co 12 Dec 105% ... Corp 6% & Feb Jan *104% 6.25 Jun 19% 32 — 7% 48 32% 1 10% 34% July "13 Ve Co; ^ 24% Dec 13% 32% 13% 31% Exploration Apr 8% 13% .No par Manhattan Shirt 16'A Mar Jan 13% _____10 RR 19% % *135 100 Garden. _l_ Marathon Corp Marine Midland 6 *40 136% Co Oil 13 40% 136% No par com MandeJ Bros Jan 25 Inc Coal 7% Jan Apr Jun Co Sugar 13 40% 138'% 5 Magnavox Co (The) 9 13 13 40% *136% Inc Square 25 13 *40 ,.100 Copper Magma Jan 6'A ____5 common__10 preferred series A Madison 7% Jan 17% Co Forbes preferred Aug 550 Working & 40% Jan • Dec 9% Mar 4 Wood 24 15% Jan Jan Dec 3 xl03 Jan- Feb 6% 23 31% Jan Jan 20 Jun 3 Jan M 13'A Jan 13 12% Jan Jan 8% July 10% 38% Jan 136 Jan Jan 95% 12% Jan Dec 139 Jun 27% 7 Oct 100% 100 % 98% 98% Regul common Mfg common...No preferred par .No par Minneapolis-Mohne Co common...! preferred conv preferred __ 100 25 * 106% 66 107 % 64% 100 98% 106'% 99 65% G4'A 100 100% 100 % 99 65'% 100 % 99% 65% 107 107 107 99 * 106 'A 15 '/a 14% 14% *80 CI'A *80 81 79% 79% *78 *21% 22 % *21% 21 21'A 21'A 21 14% 15% 14'% % *' 14'A 65 66 66% 66 100'/a 100 100 99% 99% 99 100 99% *106'A 107 *106% 107 66 100 99% 107 3,100 1,460 2,800 110 14% 14% 14% xl4% 14% 9,900 79% 79 79% x77% 77% 230 21 20% 20% *20% 21% 300 14 (474) Range for Previous '/ Year 1949 Lowest Range Since Jan. 1 Highest $ per share Lowest $ per share 38% Jun 54% 7% Jun 10% 3% Jun 15% Jun 3% Aug Jan 46% Jan 25 Oct 9% Jan 3 Jan 4% Jan 3 25% Mar 21% Jan 3 6 v 5% 4% Jan Aug Mission Corp Mission Development 12 Mo-Kan-Texas RR 27% Jan 27 5% Jan 6 10 Co_ 35 Jan 32 Jan 27 35 Jan 9 Mohawk Jun 12% Dec 11% Jan 13 12 Jan 9 Mojud 21% Jan 26% Nov 24% Jan 13 26 '/a Jan 10 Monarch Co 45% Jan 57% Dec 54 % Jan 13 57 Jan 26 Monsanto Jun 114% Dec 110% Jan 13 114 Jan 26 $3.25 103% Jun 113 Dec 112% Jan 4 115 Jan 25 $4 9 13 % Jan 24 47% Jun 53% Mar 54% Jan 3 57% Jan 9 10% Jan 1J Vs Dec 13% Jan 13 14% Jan 21 Montgomery Ward & Co Moore-McCormick Lines 16% Jun 23 Jan 18 Jan 11 20'A Jan 18 Morrell 14 Jun 26% Dec 23% Jan 3 31% Jan 47% 46% 47 % 46% 47 Vs 47 47% 47 47 10 J/4 10 10% 10 lOVs 10 10 10 5% 5% 5% 26 Va 27 J/4 26% 26 16% Jun 27% Dec 26% Jan 3 30% Jan 7 Motor Products 15 % Jun 23 % Dec 21 % Jan 3 23% Jan 18 Motor Wheel 11% Jun 17% Jan 15% Jan 3 17% Jan 7 x9% Jun 14% Jan 12% Jan 13 13% Jan 20 Mullins Dec 11 Jan 9% Jan 5 10% Jan 12 Munsingwear 50% Dec 49 V2 Jan 12 112 % Mar 110% Jan 3 10 Jun 3 Jan 23 Dec 15% . 50% Jan 112 15 Jan 13 16'A Jan 9 4% 4% 4% 33% *33 Vs 4% 27 2,800 3,800 5% 5% 5% 5'/a 5% 13,800 25% >/4 10% 5'A 5% 26% 26% 26% 2 6'/a 27% 54,300 4% 3,900 4% 4% 4% 4% 4'/a 34 33% 33% 33 33 32 !/a 32% 32 32 11% 11% 12 12 11% 12 11% * 4% 11% 11% 11% 11% 11% 1,900 25 Va 25 >% 25% 25% 25% 25% 25% 25-% 25% 25'/a 25% 2 5'/a 1,000 57 5.60J 4% 500 5 *5b% No par Utilities *112'A 114 *112 Va 115 *112 114 ♦112 114 114 114 *113 116 *113% 114 *113 Va 114 114 114 115 115 115 115 *114'A 115'/a 300 1,600 18,000 ._5 Co 56% *13 56% 56% 56 56% 400 13% 13% 13% 13% 13% 557/s 5 5'A 55% 55 55% 14 14 J/8 14% 14% 13% 56% 56% • 56 Vs 567/s 5 14% 14% 14% 14% 14 14% 20 20 19'A 19% 19'% 19% 19 19% 19% 19% 19% 19% 1,500 29 'A 29 Vs 29% 29 % 29% 28 29% 29% 29% 29% 31% 19,000 28 Vs 28 Vs 28 28% 28'A 28% 27% 28% 28% 29'A 28% 28% 3,700 2 3'A 2 3'A 23'A 22% 23 22% 23!/tt 23 23'/« 16% 16% 16'A 16 >/4 16% 16 16 16 16 1,100 13 % 13% 13% 13% 13'A 13 13% 13 13 Vs 13 '/s 13'A 4,100 10 10% 10 10 10 10 *10 10 "A 10 '/s 10'A 600 No par _ No par 5 Corp Mfg Co.....— _ _ C) preferred Corp common . of America 39 Oct 36% Jan 13 38'A Jan 10 Jan 43 Jan 13 45% Jan 18 Myers *50 50% *111 111% Dec 16% Jan 13 18% Jan 12 Nash-Kelvinator Corp : 37 15% 10 com 23 J/8 23 Vs 16'A 15% 50 *50 *111 50 50% 15 % 15% 111% *37 37% *45 > 760 50% 50'A 50'A lllVs *111'/s 112'/a 15% 290 15% 15% 15'/a 3,700 15% 37 47 1,400 15% ' 15% 37 *36% 37 *36% 37 36% 37 *36 Va 47 *45 47 *45 45% 45% 45% *44 15% 6,000 111% *50 50% 111% 112 * *45 50 & 14% 14>/a 112 50 111% 15% Bros—_i._.-No par preferred E) 10Vs 1 .. *10 100 51 (F 13% 5 —. - 30% Mar 4% *16 1 lnc (G 23'A 1 _ Corp Co Murray 13% .No par Corp Mueller-.Brass Murphy 4%% Co_ 61 56% 13% 55 13% 56'/« 67 56% 13% _ 13% 56% 56% 56% 29 Vs (John) 41 July 27 *33 27 Feb Shares No par 12% Jan Oct the Week 27 lOVs com. Dec 38% . $ per share 47 20 B 14% 108 % Jan for Sales Friday Jan. 26 $ per share share 5% No par Jan 9 Thursday 25 . 10% 1.25 Co series Montana-Dakota $ per $ per share 47% pfd_100 con pld series A pfd Jan 5% lnc Chemical conv conv PRICES Wednesday 10% 100 Machine Tool 101% SALE 24 . 4 7'A Mills—; Carpet Hosiery Jan. 5 . A—„. 5% Missouri Pacific RR Jun 9 HIGH Tuesday No par L com preferred series 7% $ per share Monday, January 30, 1950 .10 9 11 Jan Jan 6 Jan.23 $ per share , AND Monday Jan. 2). Par 10% Jan 49 Saturday '' $ per share CHRONICLE LOW STOCK EXCHANGE Highest $ per share FINANCIAL & STOCKS YORK NEW 25 10 COMMERCIAL THE J/a 37 400 46'/a 100 17% 15,800 N 10% Jun 17% 22 Jun 32% Dec 32 * Jan 3 Jan 27 Nashville 17% Jun 24% Dec 23 Jan 13 24% Jan 18 National Acme 5 Jan 9J/2 Apr 7% Jan 3 8% Jan 14 National Airlines 9 Vs Jun Dec 16% Jan Jan 4 National Automotive 18 Jun 10% 13 13% Dec Jan 13 Jun 41 Aug 38 Jan Jan 40J/s Dec 37% Jan 13 170% Mar 185 »/a Sep 182'/a Jan 18 26 30% 3 4% Jun 30% Jun 7 Jan Nov Jan 5% Jun 5 Jun 9 Vs Jun 12 27% Feb 3.9% Dec Jan 27 13% Feb 17% Aug 16% Jan National National National Biscuit Co 186 Jan 9 8 Jan 6 National Can 38% Jan 11 National Cash ■ 7% 9% Jan 10 National 23 National Container 17 National 39% Jan 17 xll% 5" Jan Jan 13 24% Jan 7 9'/a Jan 27 11V« Jan 13 Jun 19% Dec- 17% Jan 13 19% Jan 7 86 Va May 95% Dec 94% Jan 11 96 Va Jan Apr 38% Dec 35 Jan 10 38 Jan 21 169'/a Jan 183 Sep 180% Jan 3 183 Va Jan 11 135 Jan 152% Dec 7% Dec 19% Dec -14 Jun x% , Jun 13% xl50 ' Distillers National 39% *184% 185% .*184% 185% 7% 35% 7% Lead 7% preferred 6% 2 7% Jan 6 National 25 20'A Jan 5 Natl Malleable Power ' 4 Natl 23% Jan 13 24 Va Jan 9 Jan 13 93 % Jan 5 21 J/4 Feb 28% Dec 26 V2 Jan 18 National National 27% Jan Dec 19% May 16 Jan 3 17% Jan 11 Dec 86 Jail 79% Jan 19 81 % Jan 9 21 Vs Jan 38 J/a Dec 36 % Jan 13 38 % Jan 11 Jun 12 !s Apr 11'A Jan 5 12% Jan 11 Natl 9% Jun 13% Nov 10% Jan 13 11% Jan 5 NEW $ per share S per share 13% Mar 10 Vs Jan 4 11% Jan 17 Nehi Jun 14% 14% Jan 13 1 b i/a Jan 23 Neisner xlOl'/a Jan 27 4%'i Dec 104 Vs Dec Mar 29 39V4 Jan 102V 93'/a 8% 103! Jan 27 Nov 37% Jan 17 40 Jan 9 Oct 100 Va Jan 4 103 Jan 23 11% Jan 21 Dec Jan Xll'/t 94 Mar 102 Vi Jun 67 Vs Dec a 1031% Jan Dec 42 9Vs 10% Jan 3 62% Jan 26 New New 67 5 9 23% Jun 35 Apr 26% Jan 3 29% Jan 20 24 % Jun 33% Jan 27% Jan 4 291/a Jan 10 New 9% Jun 13 % Jan 11% Jan 3 13% Jan 11 New 102% Dec 98 Jan 3 109% Jan 20 N Dec 137V4 Jan 18 145 Jan Jun 14!4 Jan 13 i/h J a n 4 16% Jan 12 20% Jun 30 Dec 34 Jan 4 34% Jan 6* 63'% Jan 18 48 Feb 61 Dec 56 Jan 26 205 Dec 250 Mar 232 Y No par 25 N Y New York 10 Jan 10 N 7 % Jan 3 81/4 Jan 7 N Y 232 Jun 33% Jan 30'A Jan 4 331% Jan 11 Feb 19% Apr 17'/4 Jan 3 18% Jan 9 Sep 53% Dec 53 Jan Jan 96%' Nov 95 Jan 3 57 Jan 20 St Dock % 24% 1 Preferred 9 96% Jan 14 Jan 12 12 19 Pwr 260 12 2.500 11 11% 10% U 10% 10% 10% 10% 10% 10% 1,700 Wednesday Thursday Jan. 26 Jan. 27 $ per *38 39% 38% 102 Va 102% 11% 103 11% 11% Noblitt-Sparks 12 Noma Electric 18 Nopco 59 Jan 48% Jan 3 50% Jan 12 28 % Jan 26% Jan 6 27 Jan 3 20% July 11% Jan 18% Jan 16 19% Jan 5 North American 10% Jan 13 11% Jan 7 North American 28% 28% 13 *67% ■ *28% 137 % 81% Jan 25 Northern Central Ry 3 Northern Natural Gas Northern Pacific Ry Northern States Pwr 78 % Jan 5 35% Jan 13 11% 19% Dec Jan 3 19'A Jan 17 Feb 11% Dec 10% Jan 3 11% Jan 23 '' 138% 15 95% Dec 92% Jan 27 95'/4 Jail 21 30 Vs 33% 109% Mar 1071/4 Jan 18 108 Jan 23 13 Jan 5 13 33% Jan 11% 11% 11 *103 103% 39 103 % 11% 63 *103 62% 11 11 % 500 15% 1,500 103% 103% 10 39% 300 *38% 39 *102 107 63 107 *101% 38 % 103 % 11 103 % 107 63% 11% 11 % 15,700 *102 106 63 63 2,200 13% 3,400 12% 13% 12% 13 13 13% *67% 68 % *67% 68 67% 68 28% 28% 28% 29 29% 4,100 28% 28% 28% 28% 1,300 12% 36,700 28% 28 !s 29 12% 29 28% 29 12 Vi 11% 12% 28% 12% *67 106 107! 138 138 138 138% 137% 12% 15% 15% 33% 15 Vs *30 *28 33% 2 12% 12% 107% 107% 108 137% 138 15 Vs 50 68 107% 12% 108 *31 150 103 138 137% 138% 14% 15% "28 32% 14% 15 32% *30 2,500 1,100 15 1,700 33% 60 *55 60 *55 61 *56 57 *56 *210 230 *210 230 *210 230 *220 230 8 8 8 8 8 300 60 230 7% 8 - 7% 8 7% 7,400 *31% 31% 31 % 32 32 31% 31% 18 17% 17% *17% 17% *17% 17% 17% 17% 18 18% COO 56% 54% 55% 53% 54% 54 % 54% 54% 55% 3,400 *96 Va 56 % x5o 55'A 98 *96 % 31 % 31 32 *29 31% 2,300 6c 98 *96% 98 40 ' 28 ♦96% 21% 21% 21% 21% 21% 21% 22 % 79,500 26% 27 27% 27 "4 27% 27% 27% 27% 18.2C0 86% *86 86% *86 86% *86 86% *86 £6% 94% • 94% *94Vi 94% *94% 94% *94% 94% *94% 94% 99 Va 98% 99 99% 99% 98% 98% *98% 99 28 27'A 27% 27 27% 27% *9% 10 28 Va 28 Va 49% 25 *26% 18% 1 11% 9% 10 9% 28% 28% 28! 49% 49% 49% 49% 27% *26% 27 26 Va 19 Vs 18% 19Vs 18% 11% 11% 11% 11 a *27 27% 9% 28 28 ■ 200 270 1,000 9% 9% 3,700 29% 2,100 50% 50% *26% 26"% 600 19 % 53,500 11% 11% 12,300 9 % 9 % 28 % 28% 28% 50% 49% 50% 49% 50 20% 26% 26% 26% 26% 19% 18% 19% 19 19% 19% 11% 11% 11% 29 100 ' 29% 9% 29 10 % 7,600 11% 11 82 81% 81% 81 81 81% 81% lo 37% 37% 37% 37% 37 37% 37% 38 37% 38% 38 38% 8,600 100 18% 18% 18% 18% 18% 18% 17% 18% 18% 18% 18% 18% 13,300 11% 33,500 Co 50 Co - *81 Co (Minn)— 81% ' —No par —No par lnc *96% 96 % 21% 86% 87 25 common—10 11% 94% *107% *12 : *8i 82 *81 40 " 11% 95% 108 11% , '"94 11% 95 11% 94% 108 11% 11% 94% 94% *107% 108 11% 11% 93% 94% 107% 108 11% 941/4 108 11% 93% 108 93% 108 550 170 107% 108 12 % 11% 12 11% 11% 11% 11% 11% 11% U% 11% 5,500 25 19% 20 19'% 20% 19% 20 19% 19% 19% 19% 19% 19% 1,600 50 29% 29% 29% 29% 29% 29% 29% 29% 29% 29% 1,390 "3% 16% 3% 2% 16% 10% 29% 3% 16% 29% No par Telegraphs Tire *86 10 - 98 96 Va 21% 27 *98% —. 98 21% 26% — 1 £ — Airlines -Northwestern 31% Jan 11% *103 103% 16 *17% Ry com preferred May- *38 *102 Shares $ per share *15% 11% 1 No par Northwest iNorwalk 39 103 107 % 60 — $4.80 preferred Norwich *38 11 % 7% 7% 4 $3.60 preferred 17 *101% *102 109 15% ' No par Common Apr 13 103% *101% $ per share "15% 107 ' 15 * 12% 12% 108 *210 Aviation Feb 10 16 13% 29 29 % 12'A 107 63 Co Dec 3% Jan Ill's 15% 68 Va 29 230 „_ Western 6c 16% Jan 11 % 16% 63% 29 *57 Co 85 31% Jan $ per share 11% 16 100 Adjustment preferred 4 $ per share t *11 Vs for the Week 63 Va 28% =210 Co_100 A— Industries 397« 4 11% 64 50 RR Corp Chemical Jan 27 38 Va 103 107 13% *27 Va 20 Jan 11% 64 64% 2.50 Jan 10% Jan 29% Jan 2% .Ten share *103 107 *64'A 681/2 100 Sales Friday- Jan. 25 28 4 13 14 PRICES Jan.24 '101% 1 8,400 100 Jan 23% Jan SALE Tuesday 13 Vs com • »/4 Jan Oct HIGH 16% 16 Jan. 13 Corp com_No par 9 Dec AND 16V'a 81 Monday No par , 28 Jan *27% 12 16% *80% • 25 Dec 4% 27% 12 % *67% • Dec 14'/4 27% 3CTU 28 12% a._ 1 Co Hart Jan 30! 27 % 12% 94% Dec *26% 12% 98% 30% 27% *26% 5,300 12 Va $ per share No par Co series 5% Mhk 4.6V 3,500 12% 98% 5 400 88% 12% *93% 21% Jan 23% 88% 12 100 3 23% 88% 2,100 _100 19 % Jan 24 83% % 81 _100 Oct % 24 89 % 37 preferred 20% •Va 24 88% % 36% preferred Jun 14 24 89'A *80% preferred 13% ii 24% % 89 % 37% *101% lo 1,900 37 *36% •101'/a 100 par ,_100 120 900 7% 18 36% 3.90',/ 13 154 7% 18 36% 3.60% 11% Jan *152% 7% 18 18 37 % 3.40% Oct 153 7% 18% *36% 9 12 182 % 152% <#> 7% *181 37% 10 Jun GO 182 16% 23 7 5,800 182 81 Jan Sep 60 37% 16 % 87Va Jan 1071/4 97% 37% 80% jlGVs 1 — 14 17 "96% 37% 16% 94% Jan 39% Jan 18% 97% 37% 80% 103 Va __jNo preferred A Norfolk 18% *96 % - 30 3 7,900 18% % 16% 102 % No par 27% 25% Jan 18% 18% 80% 100 , 2,400 16% 80% 15% preferred- Class 24,400 9% Elec & Gas Corp— Common $3.75 22% % 9 27 11% Shipbldg Corp partic stock Niagara 1,200 22% 16% 15% State 27 11,000 16% 80 11% Y 27 38% 16% 26% 15'% Y 22 V# Jan 1,200 38 80% *11% N 27% Jan 7% 18 21,600 27% 16% —_100 RR 7% 19 *24 89% 1 : New Haven & Jun 1 % May 11% Mai- • No par common 75% July 8% ; 7% 19 7,600 8% Jan. 2t common Louis Harlem & 9% 9% 11% % Saturday Brake 31 84 % *24 89% 1 • 90 / 11 11 STOCK No par 23 93 !4 Jan Jun j,r -24% *152 7% 19% 19 LOW York 23 981/4 Jan 8% % No par 86% Sep 154% *7% 12% City Omnibus Corp 21% Jan Jan 184 *152 19% *12% loo 26% Jan Max- *19 1 N 15% *182% 1 7% 37% preferred series A Y Jan 15% 26 154% *7% < *36% 10 com Co Central 6c $5 non-cum Jan 9% 21 -47% 184 *153 *24 "*89 *26% 16% 80 News Ship 6c Dry Dock Chic 6';o 10 10 Jun *182% No par ,■ i (J J), com Air 23% 9% 153 No par preferred York 22% 10 153 Cast Mining Corp Newport 4%% 22% 153% 160 -—1 Newport Industries common 14'/e Jan 9%- 182 l 681/2 Jan 16'/a May 6% Jun 22% 9% 182 pfd—100 13 21 "4 23'/. 9% 16% 182% Elec System 13 86 22% 10 38% 16% 182% —. England 12 % Jan 4 23% 10 33% 37 Jersey Pr & Lt Co 4% 66% Jan 48! 22% 39% 16% •! 97 Mewixiont Dec Jun 16% 8% 11 18% 5 Jan 5% 16% 9% 11% 36% Jan 14% 142 38% 16% 8% 11 *96% preferred 72% Jun 39% 16% 9% 8% 11% *11 18% preferred 3%',;. Apr 117% 38% 16% 9 8% 8% 8%. 96% 10 lnc Newberry Co Feb jun • 9% 37% Co—No par YORK Bros 65 56 11 8% 9%- 8% 9 11 18% No par Corp 4,500 37% Par Jan 5,300 35% 96% $ per share 9% 7% 35 18% EXCHANGE 12% 7% 37% Cop Highest 7'% 35% 96 Vulcanized Fibre Range Since Jan. 1 Lowest Highest 7% 35% 9 8% STOCKS Year 1949 7% 35% 18% —100 Sugar Ref Natomas 7% 35% 37% preferred Range for Previous 7% 96 Corp 150 185 185 35% ' National Tea .Co 9% 183% • Supply (The) Pa 4%'/o 183% - ex-dist-: Lt 3 12,000 38 National Shares Corp National Steel Corp 6c 600 38 96% fc Steel 88 Jan 12% 38 37% 37% _ Jan 3 12% 38 38% 7% 11% 38% 23% 12% 38% 37% 35% 8% 8% 1,700 12% 38 185 185 185% 7,300 12% 38% 11% 38% 10% 23 185 1,700 17 17 2,400 39% *38 39% 17% 1,690 8 39 12% 40 38% *95% —_100 Dec % Jan 16% ^ *39 10 Service Nov Lowest 17 • A Linen It* $ per share 17 %' 10% 18% preferred B Jan 4 26 Vs 16% com——-__1 95% 15 7% *10 18% common Jun X80 8 —No par Co 11 153 ~5 Prod—1—No par Gypsum Co Jan Jan 8 • 8% *11% ' 11% 38% 38% No par 7% 35% ' 8% 8% __1 Stores 7%' 36 8% 1 —1 $4.5o preferred National 7% Jan 18 7% 12% 12% 13 39% 39% Enameling & Stamping—12.50 73% 19%. Jan 13 39% 39% Co Department National Nat'l 20 25% National National 4 40% *35% Cylinder Gas Co Dairy Products Feb 7% 17% 17% 17% 17% • 39% City Lines lnc 8% Jan Dec 24% 8% 8 8 8 17% *39 10 12% Jan 18 *17% —No par Register 3 • 8% *13 Corp 4 14 Vs 37 24% 24 —100 preferred 3 227/8 17% 36'% 24 35 24 4 7% Jan Jun 17% 36% 24 17% 33 24% 10 common 8'A Jan 7Vs 17% 35% 24 17% 33 24% —5 Corp— 10% Jan 17"A. Jun 5% Mar Aviation Jan 38 17% 35% 23% 17% 33 :,8 lnc—1 Battery Co 17 14% Jan 13 22 7 11 Fibres Jan 9% 17 35 17% 33% 24% 17% —1 1 39% Jan , 27 8% Aug 1 % 17% 33% "24% 5 Louis——100 St & Co 41% Jan ' 3 35 7% Mar 36 J/a Chatt ' 28 12 ' " Rubber Pharrnacal Co 2.50 *2% 16 % *2% 3 15% 16% *2% 3 15% 16% 3 15% 2% 15% 2% 15%. 700 1,900 0 27% Jan 33 99 V4 Jan 110 Dec 108 % Jail 23 e Jan 26% Jan 25 Jan 19% Dec 19% Jan 3 23% May 17% 33 3 110 Edison 4.40% Jan 17 5 Ohio 20 9 Oklahoma Jan Jun 31% Jan 25 Jan 25 27% Jan Nov 99 Jan 92% Jan 21 95% Jan 10% Dec 10% Jan 3 11% Jan 79% July 96% Dec 95 Jan 3 6% Ohio 28% Jan Feb 20 91 24 lo 911 97% Jan 10 22% Jan 20'A Jan 20 20% Jan 9 Oppenheim 40% Dec 3 •?« Jan 26 41 Jan 7 Otis 105 Nov Dec 108 Jan 6 108'A Jan 26 $4 11 Vs Jun Va July 49 Vs Jan For 16 Va Dec 14% Jan 16 16 Jan 9 79 Jan 74% Jan 4 82 Jan 14 64% Dec 63'A Jan 13 66% Jan 7 footnotes -ee -i. He 18 27 Vs 20 19% 20 Co • 33% 33% 33% 32% 33% 33% 33% 33% 33:% 108% 108% 108% 108% 108% 108% 108% 108% 108% 120 21 va 26% 27 27% 27% 27 Vs 27 Va 20,000 20 19% 19% *19% 19% 300 257/s 27 27% *19% 19% 27 *19% 19% 20 4,100 26% 26% 26 % 26% 26 26'A 26 25% 26 25% 92% 02% 92% 92 3 4 93 !A 93 Va 93% 93% 93% 92% 93 5 11% 11% 11% 11 Vs 11% 11 Vo 10% 11 10% 11 10% ll'/s 4,900 96 96 95% 96 95% 90 Va 410 25 *93 — 96% 90% 96% 96% 96 % _10 . A__ 100 20% 20% *20% 20 % 20% 20% *20% 20% "20% No par preferred __ - 38% 38 Va 38'A 38% 38 38 Vs 37% 38% 37% 108% 108 108 62.50 *108 108% 1 96 *108 ' 108 108 108% 20% 38 108% *20% 37% *108 <fc Mfg _ Glass Co— 490 20% 400 37% 5,400 108% 80 1,000 2.50 *15% 16 15 15 >4 *15 15% 15 15 *15 15% 15% 15% No par Marine Owens-Illinois * —No par common . pfd common Collins... preferred Outboard 4% 40,200 33'.'4 108% 27% 33% 109 preferred—100 (The) convertible Elevator Outlet Elec . common Corp Jun 64 & _ convertible 18% Aug 1C8 _ Gas 28 / 33 Vs *108% • Co_ Corp 4%% Omnibus 8% 8 100 No par common— preferred Oil Oliver Co *77% 79% 77% 77% *77% 79% *77% 79% *77% 79% *77% 78% 12.50 65% 65% 65% 65% 65% 65% 64% 65% x64 % 64% 64% 65 10 4,400 •Volume 171 THE Number 4877 COMMERCIAL NEW Range for Previous "Range Since Jan.* Highest i$ per share STOCK CHRONICLE Lowest • $ per share NEW 1'ORK . ,$ per share LOW STOCK EXCHANGE Highest - Saturday " - Monday Jan. 21 Jan.23 • $ per share Par 15 (475) RECORD STOCKS Year 1IM» Lowest YORK & .FINANCIAL $ per share AND HIGH SALE PRICES Tuesday S per share Wednesday Jan. 'If - Jan. 25 J per share $ per Thursday Jan. 36 ■ $ per share share for Friday, Sales Jan. 27 the Week $ per share Shares P 11 '/a Mar 14 Jan 13% Jan 9% Jan 57% Jan 17 Jan 31% Jan 10 34% Jan 12 Nov 20% Jan 25 21% Jan 5 -34% Jan Jan 71 Apr 52 40 18 Feb 21% 30% 4an 34 Sep 50 Jun 54 Jan 27 Va Jun 34% July :+89 Feb 135 .Jan : 'A , 12 36 Dec 95 Va Jun 5'/a 15% 177/a 21 *20% 21 20% 34 33% 33% 33% 54 53% 53% 93% 53% 31 31 31 30*% Pacific Teiep com..i„.109 104%' 104% 104Va ——109 .145% 145% 3% -3% *145% 3% ■■2% Jan 3 Oct 37 Jan 13 3% Jan 3 4% Jan 8% Jan, 3 10 % Jan Jan 10%. Apr Oct Dec 1047b Dec ,19% Jan 34 Jan 13 104 Jan 6 5% Jan 42 23 3 Apr Jan 9 . H 9 39 Jan la 106 % Jan 13 11 Jan 20% Dec 19 % Jan 19 21 Jan .104% Jan 101 Jan 5 102 Jan Oct 22 % Dec 18% Jan 19 20% Jan Oct 42 Jan 25 46% Jan 11 2 2% Jan 7 2% Feb Jan 3 3.8% Dec 34% Jan 16 29 Dec 28% Jan 4 x6 Jun 7% Jan 7% Jan Nov 14% Jan 9'A Jan 5% Jan 4 World .Airways & 4fo convertible 6% Jan 3 9 Peabody Coal Co Jan 4 Jan 19 12 36% Jan 16 Penick 427b Jan 57 Dec 54% Jan 13 56% Jan 17 17 Penn Jun Feb 26% Dec 25% Jan 3 Jun 35 Dec '31% Jan 24 Jun 111 Mar 23% 106 167b Jun 10% Feb 22% 8 % Jan 3 Jan & & 4?a 4% 4% 4% 30,000 9% 9% 97» 9% 16.190 20% •19% 9% 20% 107% Jan 25 23 5% ,37% 19% *10074 No par 5 __3 9% 10 *6% 31% 31 % 33 317i 31% *37% 34 107% 108% 107% 107Va 107% *107% 108 7b 30 23% 23% 23% 23% 23% 16,900 17% 17 17% 17% 26.100 __100 *107% No par 23% 17% 17% Jan _5 *35 5 Peoples Gas Light & Coke.. .I„ioo 13374 5 Peoria & *11 Jan 25 51% Jan 25 47% Jan 13 56 9074 Mar 106 Jan 5 Jan1- 3 25% Jan 105 24%- NOV 24 Jun 26Vb May 24% Jan 117 Sep • Jan 104% Dec Apr 1107a 11 25,''> Jan" 7 Dec Jan 98 50% Jan 57% Jan.10 5 23 Va 105 " Jan- 20% 11074 -Apr • - 106% Jgn 26 9 27 Pfizer Corp of (Chas) $6 $1 11 7-b 6 116 Jan 3 4.4% 104 Jan 12 3.8% 4 109 Jan 11 4.3% Range Since 13% Jan 14 24% Jan 3 3 367u Jan 14 3834 Feb 84% Jan 4 87 Jan 27 37% Jan 55 74 Dec 507a Jan 13 53% Jan 7 93% Jan 107a Feb Dec 104 Jan Jan 5 Jan 12 16 14 Dec 14 Jan 19 Dec 93% Jan 16 94% Jan 4 64' Apr 57% Jan 27 62% Jan 7 3 Sep 11 Mai- 97a Jan 6 Jun 32% Aug 32% Jan 3 1057a Apr Dec 1007b Jun Jan 79 106 95% 94 1037b Jan 9 10 Jan 12 33% Jan 12 104% Jan 21 13% Jan 3 157b Jan 9 Jun 83 Dec 867b Jan 13 88 % Jan 24 Jun 32 Jan 28 Jan 4 29% Jan 12 107a Jun 16% Jan 15% Jan 13 16% Jan 20 Jan 155 Nov 150 Jan 7 154 Jan 19 156 7b Jun 170 Jan 164 Jan 4 167 Jan 23 28% Jun 6% Jun 7% 37% Jun Dec 8% Jan 157a 77b Jan. Jan Jan 3 73% Jan 55 Nov 71% Jan 61 Jan 4 63% Jan 25 25% Mar )2 8 Corp 4% 50% 56% 100 *115 100 . *10374 Phoenix $4 C Coke $5 C com- Chem convertible 9 574% 1st ser Pittston Co Plough 44% Sep 38% Jan 16 40% Jan 5 22 27% Jan 10 141% Jan 26 52% 52% 49 49% 48% 49% 49% 49% 56% 56% 57 57 57% 57% 57 7b- 106 106% *105% 53% f 5,300 15.300 55 3,100 10,200 - 2,370 < 106% 25 Vb 25% 25% 25% 23% 25% 24% 25 24% 247s 24% 257b 1 115 115 1 106 106 1067 b 106 106% 200 ' 9,900* 115% 1047a 103 115 115:% 115 Vb 1157* 115% 115% *115% 115% 10474 *103 10474 *10374 10474 •10374 104% *104 1047a 108 *103% *1077b 1087 *1077b 10874 *107% 103% a 108% 3.7Q0 100 " —_ 103 7 b 30 3 14% Jan 18 Poor 15 Jan 4 157s Jan 27 Potomac 874 Jan 774 Jan 3 Jan 6 797 b Jan 16 157a Jan 13 30 Dec Feb 90% Mar 80 Jan & 9 4V2% 85 Jan 3 Procter 6 Publicker Jan 17 & $4.75 cum 13 51% Jan 23 Public 27 28 24 Public Serv 24 11974 Jan 24 25% Jan 3 13% 137b 13% 13 % 13% 14 33 36 35% 35% 35% 36% *84% 85 Vb 84% 84 Vb *84 Va 85% 857 b 85% 857a 87 37 52% 52% 52% Jan *90% 60% 59% Oct 27% Jan 25 307b Jan July 1077a Jan 3 109%.Jan •14% 15% *14% *90% 95 *90% 58% 59 57% 53% *9V4 11 *9% 11 104% *80 *165 98 14% *90 ' 105 98 58 "a *974 11 *33 *104% *90 33% 105 98 14% 147b 147 b 14 *86% 86% 887b 887b •83 28% 28% 28% 28% 28% 28% 16% 16% 167 b 16 % 15% 16 1677b 14% 90 *151 153 *151 153 *151 153 167 167 *165 169 *167 168% •33 104% *90 14% *88 15% *33% 33% 104% *104 7a 104% 14% *90 16,100 — 337b 98 200 95 300 120 98 14% 14% 90 *38% 28% 29 23% 29 *15% 16 Id 16 ♦151 153 *151 153 167 167 *165 2,900 90 10 1,600 1,200 168 7b ~20 *35% 367b 35% 36 % 36% 36% 35% 36% 35% 36% 35% 36% •7% 7% 6,300 .No par B_ _ 7% 7% 7% 7% 7% 7% 7% 7% *7% 7% 2,000 10% 1,900 No par 100 ... .100 *10% *72 7 2 *63 10 3 10% 160 *135 727 b 63 64% 26% 27 *1407'4 143 3 *135 73% 25% *140 10 7 a 107 a 160 72% 63 26 143 *135 • 10% 160 10% *135 10% 160 107a •135 10%. 160 *72 72% 72 72% 72 727 b *63 64 63% 63% 63 25% 24% 28% 26 257 b *140 143 *140 143 107 a *135 160 72% 72% 63 *62% 63% 26% *26% 267 141% 141 % 23% 23% 23% 11% *11% *140 a 145 700 60 3,800 JO 22% 22% 22% 23% 22% —5 *11% 11% *11% 11% 11% 11% *11% 12 100 427 b 427a 42% 417 b 417b 41 417b 41 42 41 41 3,500 1 39 39 39% 397b *39% 40 397b 39% 397b 397 b 39% 40 No par B Power Car Co Inc 14 14 137b 14 13 V" 1374 13% 13% 13% 14 14 14% 1,700 15% 157b 15% 15% 157b 157 b 153A 1574 15% 15% 15% 15% 8,200 774 7% 7% 7% 7% 7% 7% 7,800 *_10 Co 1 7% preferred series A—50 *3074 com. No par Inc preferred Service Co Co of of 5 com. ..No par Colorado—l20 4. 30% 307b 84 1674 83 83 16% 16% 33% *827b 837b *51 51 % *82% 51 —— 51% No par 100 29% *105 . 257a 34*%' No par 28 12 •11% 23% 2.800 1,700 307b 31 3074 307b •3075. 30% 30% 30% 83 8374 82 Va 837a 827a 327b 817b 82 5,000 1674 1674 1574 1674 167a 16% 16 16% 4,000 82% 82 % *82% 83 >4 •827b 83% 51 517b 50% 51% 50 V. 50%. 51 51 3,200 28 27 Vb 27% 27% 27% 27 % 27% 4,500 *82% 837 b 1,000 20 257b a 11974 *118% 119 118% 86% 86% 87 86% 86% 86% 86% 210 25% 25% 2574 25% 25% 25% 25 % 13,600 2974 10,600 119 119 119 780 29 VB 29% 29% 25% 29% 29 yfl 2974 29 V. 29% *105% 10574 1057b 105 % 105% 105% 1057b 105% 347b 34% 34% 347a 34% 34% 34% 347b 34% 35 6,000 27% 28 2774 28 27'A 27% 277a 28 Va 27% 28 14,600 109% 109% •1097b 109% 109% 109% 200 33% 33 Va 33% 33% 33% 4,800 20 20 20 • 28 preferred— 237b 86% — — 25% 29% 105 Vb 34% 9 7% 1187 —— —— 25% No par conv 8 30% 23 277a 84 16% 100 4.08% 5% 7% 8 23% Ind Inc—No par \36V2 Jan 12 10 15% 95 57% 8,700 300 *14% *104% 153 30 51 % 1Q5 *90% 104% *150 517b 105 157b 597b 104% - 51% 106% 95 59 1047b 14% 517b •105 *247b 337b 98 62% 1067b *90% 11 14% 51% *105 95 60 Vb 33 7 b *90 7,100 11,000 10 10 24 30 7 527 a 105 ♦34% 15 93% 60 100 3 105 *97b No par Jan 15 157b 52% 1057b 11 11 337 b Jan 105 Dec *105 Shares * ' 33 % 25 105% Jan 28% Jan 27 Dec 52% 104% 105 Va '■ the Week Sper share 13% 35% Jan Apr sha^e 137b 26'A Jan 87 867b Jan 26 Sper share Sales for - 35 Vb 33 Co, Gamble 118% Jan Dec -Jan. 21 1 Industries 27% Jan Jan Friday Jan. 26 137 b *97b ___ conv 467s Jan Dec Thursday S per 36 conv class Pressed Steel 9 Jan 177a Jan Jan. 25 share 331 b Co class Electric 874 Jan .83 Wednesday Jan. 84 S per 11 Pocahontas Co 21 4 Tuesday Jan.83 13% 100 _ Pond Creek 127b Jan Oct Monday S per share 427b Oct 109 52% 497b 5674 *972 ( The.) Inc Nov Jan 51% 49% 35% Pittsburgh 13% 33% 53 50% - 50o' 20 13% 9 Jun 41 J%- 35% prior pfd—100 Pittsburgh & West; Virginia 100 Young & Ash pfd—.100 11 297b 40% 56% *32% preferred class A 24 37 41% 13% com—No par preferred preferred 5% 11% Jan 1057b 40% 397b 41 - 25 BR % 437a Jan Feb : 12% 25% 16% 24 7b Jan Jun 12% 24% 28% 3 Nov 12 74 257b 16% 5 257a it 25% 287 b 3 30% M to 25 *86% Jan xlOS'A 42,400 ' " 12 106 25 1 10% Jan 25% 35 106 11% ♦104% 25% No par 40% Jan Jan 9% 34% *104% 106 *105% Pittsburgh Forgings Co.. -1 Pitts Ft Wayne & Chic Ry com—100 1% gtd preferred „100 Apr 47% 9as ... 527 b 5 RR Co -Pitts Consolidation Coal Apr Jgn 12% No par St Louis & 50% 38 16,900 12 ♦104% 25 ... common & 29 22 131 *10% 100 preferred Pitts 127b Nov 86% 100 130% 35% —100 Hosiery^ Jun Dec 9% 34% *35% 1 series A— Pillsbury Mills Inc 1% 1 „ . Iron. *90% Feb Jun 9% •34 12 40% 53% Jan. 21 *157a 9 Feb 9% 34 34 1317b 30 36 25% Saturday *100 13 79% 1307b •117b 12 1,500 113% 106 t per share No par 237b Jan L4% ' 108 No par 1357a Jan 17% : 103 preferred— 5% Feb 32 •357b 1317 b 36 44 44 113% 25 25 *24% Phillips Petroleum Dec Jun 36 44 1137a __3 Phillips Jones Corp 147 Mar 130% ♦117b 97* „ 1137 a 200 56% 56% *1057a 106 ♦43 113% .17 600 4,000 49% 52% 49% preferred 157b 107 52% 5274 9% 35% 40 common 3%V preferred Apr 24-% 40 Philip Morris & Co Ltd common—5 Jun 207b 39% _ Phila & Reading Coal & Philco 7'a 4% 39% Par L27a 11 39% STOCK 12 3 71 Feb *34 12 . 11% Jan 97b Jan Jan 367b 12 105 7 a 44 ♦113 •35 V4 13274 9% 34% 12 .No par Pittsburgh Screw & Bult Pittsburgh Steel Co com May xl9Vb 8% _ 3% Jan 4 88 Jun 10 - 117s .... Pittsburgh Plate Glass 175 Dec 34% 12 .No par preferred 9 Apr 14% 9% 10 -50 com 9 Nov 1357b *11 17 44 36 132 12% .No par common 37% Jail 357b Jan 13 64% 135 132% *10% 35% 1 preferred. Pitts —— 14% Mar 24% 142 132 , a 44 113%. >35 36 36 12 5 EXCHANGE * 32% Jan 11 44 %13 25 NEW YORK Jan 100% 44% 113% 106 Inc preference Highest Jan Jan 17% *104% $ per share share 197a 26 17% 106 preferred preferred... . Jan. 1 Lowest S per share 407« 7% 17% 107% 22s. 3,700 a 8% STOCKS Jun 87'A Aug 517a Jun 23% 44 .No par Co 23 ♦31 56% ' 20 22% Jun 79'A Nov 103 Co & Electric 1077b Jan Highest S per 1_„ . preferred conv 114% Jan Year 1949 Lowest 35% *10474 America. Corp Philadelphia Co 6% Phila 9% .No nar Brewing Co Range for Previous $ per share —33 T-a c 23% *113 127 —100 common preferred Phelps-Dodge 10374 Jan x * Sep Co * 108% 23 17% 44% 1337b 56:% *107% 36 17 100 ' 56 % 1137a 44% *113 10% Jan Eastern Ry Co 56% *31% 23% 150 Light Co 13% Jan Oct 56 7 33 34 103% 135 Dec 56% *31% 3 Jan 56% 27 13 58 56% 3% 17 53 74 56% 26% 872 Jan 57% 600 8% 117b Jan Jun 400 36 277b 127% Jan 36% 167B 36 8% Apr x48% Mar 16% 36 2674 Dec 3 700 1674 36 8% Dec 56% Jan* 67a 167a 36 267a 12 • *67b 16% 36 8% 13 Jun 6% 2,100 2,500 26% 137 40'A 674 6% 900 9% 10 9% Nov Pfeiffer 97. 26% Feb 26 29% *8% 10% *8% 74 May 41% Jan 29% 9% •97a 26% 7 3 29 % •8% 10 9% x8 Jan 29% 9% 8% 9% 26% Peoples Drug Stores Inc. 36 30% * 26% 11 Dec 30 9% 10 *3% Jan 37% 30% 56% 36 Jan 15,700 9% 4 17 200 1,600 37% 56% 35 74 Jan Petroleum 27a 377.. 26% Dec 7 2% 377a *8% 37% 12% Jan 43% 2% *42% 2% • 26% Jan 13 44 18,500 3T74 *.56% Co—. 10 117b Jan 1,500 a 19 7 Corp.——_lo 113% Jan Nov •42% 18% 2% 6% 4 13% 19% 102 7 19'A 37% 2% ♦16% 110% Jan Jun 42 1974 *101 260 5,000 36% 2% 6% NOV 9% 42 19 20% 38 16% 113% Co 43% 36% Mar 4%% 19% 102 % 16% 104 Pet Milk •19% •100% 36% Pennsylvania RP. Pepsi-Cola *6% 6 19% 17% Pennsylvania Salt Mfg Co com—.10 37b & conv series A pfd 100 6 6% 6 6Va 39% 36% 9 6 9% 7,.1<H) 102% *16% 3 Jan 9% '8p0 38% 105% 39% *36% preferred 37% Jan 6% 7 *30% 9% 10% *10 6'/« 20 % 377r 105 7 2 19 17% Jan 107 9% 9% 10% UOO 37% *100% 36% 17% Jan • 30% 19% 105 102%. 19% *35% 45 ' *42% 45 57. 37 37 105% 36 % 37 Va 105% 5% 37 % 20 19% 36% 3,05% *16%H 25 11 34 42% 30 13 1057a Jan 24 42% 30 .2.50 16% Jan Dec 19% 2% 42% Jan Dec 19% *100% 19% 37% Jan 35 19% 102% 19% 2% Nov 103 19% *100% 19% 36 1057 a 6% 6 38 30% 17% Jan 6!» 2% 45% Mar 36% '37% Jun 21 *19% *105% 2% Nov 102 19% 377« 105% 6 19V« 13% 9674 19% 37 *105% 102%- 19 32 29 20% 37% 37 Corp com—No par Glass Sand Penn Power & *1'9% 405% 105% 6 6% 37 38 No par Coke Penn 23% Jan 4% 9% common 34% Jan 6 2,900 4% Co—' Penn-Dixie Cement 7 290 210 3 Va 9% 37% Ford Coal 3'4 4% prior preferred conv 27% Jan 26 6 21% Jan 107 Dec 5fa 1,100 145% 9% 100 Penney,(J C) Co 9% Jan 7'A 17% 17 37% 3 % 7.300 a 4 % ,.No par 16 3% 145 104 7 9% 1 Pannelee Transportation Fatino Mines & Enterprises 34% Jan 145 • *104% 13,200 4% 38 37% 11 Dec 145 3% *2% 20 Jan 104% 3% *42% 9% Jan 19% 104% 3% 1 11 Vu Jan 37% 317b 3% _No par Proof Jan 59 31% 9:% 1 Parker Dec 33% 53% 31% 104% 4% No par 23 15 337 b 54 31 145% Mines.:—1 Utah Consolidated 27% 33 7* 537a 39 Corp, Parke Davis & Co /' 1 33% 58% 9% preferred Pictures Rust 33% ,3« .300 4% Park & Tilford Inc Park 40 21 *38 Refining Paraffine Cos Inc common Paramount 130 33 21 145% 37% *32% 20% 104% 145iii 3% 38% 34 20'% 145% 146 1,300 3% 207b 104% *104% 12 53 9% ,100 Prod 104% 12 *3% *54% -4% ,4<V preferred Panhandle 537b •32% 34 8% 54 1 Inc 30% Jan 4 Jan 6 16 . Amer 34 54 No par Packard Motor Car 33% Jan 20 3 9 Pacific Tin Consolidated Corp..1. Pacific Western OH Corp-— If) Pan-American Petrol & Transp 5 Panhandle East Pipe L cam..No par Jan 8 preferred Pan 21 lib 7 6fo & Teleg 9 . Jun 8 21 34 7 5% Aug 21% 30% 3% Jan 23%. Mar *20% ♦32% 53% Jan 47% 33% 31% 5 Jan *32 % 12% *3 Va 8% . 55 *31 148%. Jan Aug 1% .Jun 24Va 34 ♦»% 55 Pacific Gas. Sc Electric—'—. —25 Pacific Lighting Corp No par Mills— i—No par 26 37 *32 % 8% 55 55 Pacific 4 Dec 101. 34 *3% JO . Jan 8% *33 V« 8% 12 12% ♦12 55% 8% Jan 145 Jun 12% *12 *55 Jan Dec 38% 12% 8% 56% 33 143 22 12% 12% *6% *55% 55 20 Jun *12% non-cum—„..No pay 2nd preferred non-cum No par Pacific Finance Corp of Calif 10 3 104% Jan 4'A 5 3 3 44 Inc common..—10 preferred 3 Jan Jun iJan Co 1st Jan 101 4.% Fisheries Coast , 30% Jan Dec 2&y« ,Jun 8 11 , 52% Jan 33 , 104% 2% .Jun 3 Jan Amer Pacific 12 10 10% Sep Aug , Pacific 3 3 Jan "A Nov 29 * 13 7% Jan 12 .7 51 , 100 *109% 110% 25 74 Jun 30% Dec 30 Jan 3 34 Jan 24 .No par 33 % 33 3A 33 33% 3374 34 15% Jun 207b Jan 183A Jan 4 20 Jan 27 Quaker State Oil Refining Corp..10 *19% 20 19 3A 19% 19% 19% Jun 14% Jan 1274 Jan 3 14 Jan 9 74% Jan 737b.Jan 13 974 Apr 7b Jan 3 -9% Jan 17 $3.50 1st preferred.— No Radio-Keith-Orpheum Corp., IO3V2 Jan 10 Ralston Purina Co 33A% *109% 110% '109 1093b 33 •197b 20 •197b 28% *105 105% 370 600 R .66% Jun x<7 Jun - 8 - 92% Jan 1017b Dec 101% Jan 27 23% Jun 2974 Dec 277b Jan 3 2d3, a Jun 30 7i> Feb x24% Jan 25 . • 757b.Jan 10 Radio Corp 29% Jan 27 5 Rayonier Feb 307b Jan 13 317b Jan 12 Jun 23% Jan 207b Jan 25 22% Jan 9 43 Jan 36 Jan 25 37% Jan 4 4% .Jun 1.7% 36 Jan 31 Jan 13 32% Jan 4 4% Jun 34% .Ror footnotes see page 18 137b 13% 13 % 13 13% 12% 13% 13 13% 13 137b *73 Vb 747b 73 3A 73% 737b 73% 73% 73% 73% 74% 73% 73% 800 ..1 9 Va 9»A 9 Va 9% 97b 974 8% 9% 97 b 31,900 pfd—100 *1021/4 IRaybegtos-Manhattan 27'% Jan Nov 2674 13% par of America com—No par , $2 Inc preferred Reading Co «on-cum *28% 29% _1 *25% *31 *102 103 102 102 •101% 51,200 101% 10174 31% .. 70 28% 29 29 »A 2974 *29% 29% 29% 29% 29% 29% 600 25% 26 - 1027b 9 9% 103 2674 257b 257b 3IV2 X24% 247* 247b 24% 2474 2474 2,900 31'A 317b *31 31 31 31 *31 50 21% 21% 21 VB 2174 •2174 21 •20% 21 21 21 preferred 50 *34% 36% *34% 3674 3674 217b 36i% 20% 1st 36 36 •36 36% 36% 367b 400 2nd preferred 50 *31% 32 *31% 32 32 32 32 32 •31% 32 *31% 327* 200 common non-cum No par 25 common. 102 103 9 - 31 317b 900 1,200 16 Year MM!) Lowest Lowest ' Highest $ per $ per share $ per share 14% Jan 6 22% Jan 13 Jan 3 Reed 13 Jan 15 V* Nov 23% Jau 17 11% Jan 16% Oct 4'A Jun 8% Jan 18% Jan Dec 27 - 7 11 Jan 10 25 10 *8'A 23% 15% preference prior d.iv Corp Reliable Stores Jun 9% 3 Jan 60 17 Jan Reliance Conv pfd 3%% series... Remington-Rand common $4.50 preferred Aug 60 Nov 58 Apr 50 12% Dec 11% Jan 13 12"% Jan 9 Nov Jan 20 85 Jail 20 8% 73 Jun 6% May 4% Jun 2 A Jan 5% Jan 17 Jun 91% Jun 10% Jun 90 13 5 % Jan 27 11% Jan 27 27% Jan 16% 6 18% Jun Sep 4% Jun 34% Jan 25% Jan 12 13 105% Jan 3 3 16% Jan 7 6'/c 18 100% Jan 5% Jan 24 6% Jan 7 5 Va 4% 10% 10% 10%' 10% 11 11% 11%' 24% 24% 24% 23% 24% 24% 24% 24% 24% 24% Metals Co Reynolds 13 22% Jan 5 Jan 3 102% Jan 20 9% Jan 13 10% Jan 12 Reynolds Spring <39% Jan 7 Reynolds iR J) Feb 10 20 % Jan 100 , 2.50 Inc Dec Jan 23 103% . 100 preferred Drug No par 100 com convertible preferred 5%% Co Tob class B 1 10 _ Oct 37% Jan 25 Sep 47% Jan 3 50 Jan 10 Common .! *48 *104'A Aug Jan 5 96% Jan 18 Preferred 3.60% series.__-__._100 *95% 106 Jan 16 107% Jan 10 Preferred 4.50%, series... 100 *106% 19 Jan 13 1 20% Jan Jan Jun 108 % Nov 21% Dec Jan 42% Dec 39 15% Jun 21 Jan 16%.-Jan Jan 3 5% Rheem 17 Manufacturing 9 Richfield Jan 9 Ritter 5% Jan 13 4% Jan Jun Jan 11 42% Jan 25 24% x3% Jan 21 18 Roan Oil Corp No par Dec 20% Jan 4 24% Jan 17 Robbins 12% Dec 12 Jan 13 13'A Jan 27 21 Jun 31 Dec 30 % Jan 13 36 Jun *68 % Dec 60% Jan 13 96%. Apr 105 10% Jun 16 39% 21 ' Dec 104 Jan 12 19 Jan 24 Ronson Jan 3 22% Jan 18 13 58% Jan 9 Ruberoid Co 3 11% Jan 9 Ruppert x20 55 10 Apr 35'/a May Jun 7% 33% Dec 29'A.Jan 13 32% Jan Feb 112% Jan 7 113% Jan 48% Jan 38% Jan 27 41 Va Jan 10 13 10% Jan Jan 12% % 12% Jan 10 Jun 43% Dec 43 Jan 3 Jun 131% Dec 123 Jan 20 136 Jan 78 Jun 100% Nov 98 Jan 24 100 Jan 5 8 Jan 3 9 Jan 9 86% Jan 24 88 Va Jan 19 Jun 6% 77 July 9% Jun 22'A Jun Jan 9% 87 May 13% 12% Jan Dec : 13 14% Jan 11 70 Jan 3 Jan 4 Jan 10 86'A Jan 12 70 Dec 66% Jan 14 Jun 98 Nov 94% Jan 19 xl03'A July 108 Oct 106% Jan 13 107 913A Mar 84'A Jan 9 Jan 7 78 Jun 94% Jun 104% Oct 104 Jan 105 4.30% 5 12% Jan 14 Jan 13% Jan 3 14% Jan Jan 91 Sep 86'A Jan 5 88 Jan 12 20 Jan 3 24% Jan 26 ' Jun 21% 47% Jun 62 Dec 60 Jan 3 68 Jan 27 16% Jan 19% Sep 19 Va Jan 3 20% Jan 27 13 Va 5'/c Oil 36'A Feb 7 Seaboard 5% Jan 11% Dec 10 % Jan 25 10 V8 Jan 7 Jun 44'A Dec 41'A Jan 25 44% Jan 9 9% Jun 16% Dec Jan 3 4'A Jun 6% Jan 5'A Jan 3 6'A Jun 11% Dec 10 % Jan 3 Jun 101'A Feb 92 % Jan 26 77 47% Jan 15 25 52% Jan Sper share 11 Seeger 6% Jan 10 Seiberling Jan 9 94% Jan 11 NEW 3 28'A Jan 38% Dec 37% Jan 13 39% Jan 7 Nov 83 76 Jan 17 79 Jan 6 Jun 10'A 9'A Jan 3 11 Jan 11 76% 8'A Apr May 26 Oct 15% Dec 15'A Jan 7 40% Dec 34'A Jan 25 $3.50 Oct 6'A Jan 13 7% Jan Sheaffer 9 Jan 2% Jan 3 3% Jan 12 26% Jan 13 22 May 27% Nov 28 Oct 36% Jan 30 'A Jan 6 18 Va Jun 24% Sep 22 Jan 25 97 Jun 127% Jan 100 Jan 3 16% Jun 22% Dec 20% Jan 3 Jan 10'A Jun 14% 5 Skelly 11 ;Jan 13 85 Jan 5 85% Jan Jan 4 101% Jan 26 14% Jan 4 Jan 20 25 Jan Oil Smith Jan 10% 17 16'A Jan 13 17 Jan 4 Jan 20 108 3% Jan 3 52 Jan 5 Jan 16 73'A Jan 27 Porto 16 » 5% 5% 11% 11% 94 94 93% - 18 5% 19 26 Oct 23% Jan 6 24% Jan 25 (AG) Spencer 29 Va Mai- 25 Va Jan 3 28 Jan 12 Sperry Jan 3 10 Va Jan 12 Spiegel Jan 13 Jan 5 Dec 106 % Jan 25 107% Jan 11 NOV 207/a Jan 3 22'A Jan 11 82 Jun 92 Dec 90'A Jan 11 91 %' Jan 3 18% Jan 52% Dec 47% Jan 3 55'A Jan 20 Jan 37 Jan 143 Dec 140 26 143 Jan 11 109 Jan 159% Dec 152 Jan 13 157% Jan 25 55 Jun Sep 61 Jan 25 3 42'A Jan 27 65 Va Jan 44% Jan Jan 25 69% Jan common preferred stock tr ctfs & Bros Inc., $5.50 preferred Jun 18 Railway & Ohio ... Feb 22% Ccnv Square D preferred 32 V* 22%. 35'A 35% 34 9% 18 *17 % 35 % Va 18 *17 35% 35% 6'A 3'A 3% 3'A 3'A 3% 6% 3% 3% 1,900 3% *3% 3% 28% 28% 28% 28 'A 28% 28% 2,400 28% 28'A 28% 28% 33 32 32% 22 'A 22% *6% 6% G% « 6% 6 Va 6% *31% 32'A *31'A 32 Va 32'A 22'/a 22% 22% 22% 22 22'A 101% 101 , Inc 34'% 400 22% 22% 32,700 *100% 101% 1,500 102 101% 101% 101 102 22 22 21% 21% *21 23 22 22 21% *21 22 31 31% 31% 1,600 32 *31% 32% 32% 31% 31% 31% 23% 2 33/a 23% 10,700 24% 24 102% 101% 24% 24% 31% *23% 24 10 % 85 16% 107 107 4% 4 % *84'A *99% 10% 9% 51% 51% *52% 69'% 69% 69 Va 63% 10 10 Va 69% 70 85 100%' 53 10 *51 53 *84% 85 100% 16 53 69% 700 180 8 5'A 85% 101% *99% 101'A 100 15% 15% 15% 15% 1,000 16'A 16% 16'A 16% 64,000 107'A *107% 108 % 400 4% 1,100 51,700 85 85 100% 4% "a 10% *52% 10% *52'A 53 70% *4 71 72 10% 100 53 73% 3,500 45 • 34% *43% 45 *43% 34% 34% 34% 45 34% *43%' 100 *43% 45 -34% 34% 34% 34% 34% 34% 6,300 12% 12% 12% 12% 45,400 12% 12% 12% 12% 12% 12% .12% 12% 37% 36% 37'A 36% 36% 36'A 36'A 36% 36% 36'/a 52 52% 52 52% 50% 51% 51% 51% 52% 20,500 52% 51% 52% 35% 36 19,700 35% 100 100 1 36 56% No par 56% 35% 56% 66 *64 66 *11% 12 *11% 35% 56%' *64 12 66 11% 11% No par 5% 5% 5'/a 5% 5 % 5% _.l *5% 6% *5'A 6% *5% 6% *67 69 70 70 1 *25% 24 Va 24% *26% 26% 26% 9'% 9% 9% 5 *68% 69'% 68% 68 17'/a 17 Va 35% 35 22% 108 22% 106% 22 56 Va 11% 5 *5'A *67 35% 35 3A 55% 553/4 *56 56% 66 *64 66 66 *63 11 Va *11% 12 5 Va *5% 5% *5% 5% *5% 6 70 *67 12 *68 70 500 12 4,800 I 100 30 70 I 24% 24% 24% 24 Va 24% 26% 26% 26% 26% 26% 2 27% 9% 9% 9% 9% 9% 9% 9% 7,300 *68% - 2,600 7,600 69'A 68% 69% 69% 69% 69% 16% 16% 16% 4,900 35% 35% 35'A 2,600 *106% 107% *106% 107% 380 22% 22% 217/a 22'A 9,800 91% 91% 91% 260 9 68% '-16% 17'A 16% 16% 34% 35 'A 34% 35'A 35 106% *106'/a 22'A 2,500 5% 5% 6 35 % 17 - *106% 35% 55% 16% 16Va 35 Va ' 70 34% *63 4,300 37 24% 26% 9% *68 24% 1 No par 1 35% 56 Va 36'A 56 % *64" com—.No par 107% 106% 106'% 22 22% 21% 22'A 91'A 91 'A 90% 91'A *91 7'A •24% 27 24% 240 No par *90% 91% 90% 90% 53% 54'% 53% 54'% 53% 54 Va 52% 54% 54 54% 15,800 G & E Co $4 pref.. No par 142% 142% 142% 140'A 140'A 140 140 ' *140 141% 1,200 158% 157'A 157% 156% 157 *156 157 61% 61% 61% 61% 61% 17,200 43 42% 42% 19,000 66 Va 66% 42,100 preferred Oil of California Indiana.. 5 Standard Oil of 7 Standard Oil of. New No par *140 142% No par prior preferred— $7 prior Standard 70 32% *32 37% & Sons common..—1 Brands $3.50 preferred Standard *51% C% 900 7.50 No par 1 Co preferred Standard $6 18 35% 2 Kellogg & Sons (The) Inc common $4.50 10 ' 25 No par Corp Squibb (E Rt $4 6% 4,600 10 5 Spalding Apr 7,100 9% *9% 9 • No par __l Co Sparks-Withington Co Spear & Co common..i._; 22 3A €6 com._4.50 14 17'A 35'A 6% 4% 12 5 1 35 Va 16% Jan 17% Jan 18 *17% 10'A 107% 12 Va Jan 13 35% 76'A 76'/a 18 *4% (The)'.. Pacific non-cum 21 34 Co Mobile 16% Jan 100 353/8 37% 76% *9% 16% Edison Southern Dec 17% 37% 76 Va 1,400 12 Jan 6 *16% 37% 76% *43% California Southern 56Va Jan 69'A Jan 9% 38% 76% 76% 76'A 107% j 38'/a Jan 23 3,300 9Va 9% 37% 25 preferred 25 Jan 76'A 37% 3,400 54 68 76'A 37% 13% 34% Jan 10'A Mar 7,400 76% ' . 44 Jan 9 3,000 38 38% 2<j 39 Jan 9 27 37% 26% 13% 61 23 6,700 26 % 27% . 44 41 Jan 26%. 26% 26% 39 Jun 6% Jan 26% 26 % 13% Jun 70 -25% 26 % 45 45% 3 25 Va 26% 38 3A 25'/a 4 25'A % 32% Jan 26 13% Southern '/a Jan share 25% 38 Southern Natural Gas Co 5 $ per 26% 27 . Shares $ per share $ per share for Sales the Week 13'A Southern 60 $ per share Jan.27 38'A 11 Oct 26 Friday Jan. 26 13% 12 May $ per share Thursday .38'A 20 6 Jan. 25 13% 53 Va Jan 3 Wednesday Jan. 24 88% 12% Jan 5 PRICES SALE Tuesday Jan. 23 26% 93 100 94 13% 37% Jan 4'A Jan HIGH Monday - 92% 500 11,700 6 11% *92 38% 3 11% Jan AND 94 *93 94 ' 11% 6 5% 11% 6 13% 3 Jan 2,300 38% 13 Jan 18,400 15% 13% 11% Jan 6% 42% 15% *10 10% 38% 49% Jan 13% 41% 15 Va 13% 34% Jan Jun 200 42% 15% 38% Dec 3% May 10% 42 *10% 13% NOV 10% a '38'% Nov page 15% 15% .5 12 see 42 3 15% Sugar com.No par 51 For footnotes 10% 41% 16 5% 1 Greyhound Lines Rico 36% Nov 10% 42 Va 11% 15 pfd__100 50 Jun Jan 32 % 50 Jan 74% Nov 10% 42% 10% E & G Co Sep 60 22 10 Platinum & 10'A Nov 102% : . 28'A 56 *31% 20 pref en ed conv Jan 64 *6'A 22% preferred.. 5'%% 29% 45% *10'A 10 20 Jun 10% 43 % *4 Jan Jun 3,800 107'A 44 60'A 4,500 49 % 4% 4 36% 20% 49 107'A Jan 70 20% 49 4% 40 98'A 65 20'A 48 107'A Aug Dec 65% 20 Va 48% 4% 45 37% 64% 20% 47% 108% Jan 107 64 20'A 49'A 4% 36% Apr 63% 20% *106% South Feb 65 20% 48% 16% Gold Southeastern 3 *35% 1,600 65 50% % 3% Corp 4% American 12 13 68 *87 20% 16% 12 Jan 23% 16% Jan 21 21% '15% Jan 347A Jan 24,800 16 Va 14 13 23% 16% 39 Jan 30 23'A 16 Va 3 34 88% 24 % 88% 16% 4 23% 65 22 Va 22 5,900 14% 14% 14% 14% 23% *87 16% 11% Jan 100 22% 14% 87 87 16% 36% Jan 18'A 87 16% Apr Jun 87 104% 16% Nov 13% 88 14% Typewr.iters.No par Corona 14% Apr 14% *99% 40 71% 14% 50 150 105 105 105! 80 86% *86% 86% 85% *104 % 28% Socony Vacuum Oil Co Inc 8% 105 14% 85% 100% Smith & *5% 104 Va 8 5'A 104'A 24% Feb Jan 105 * 6 *3% ... 85% 85% 86% 40 ■ 107 *106 107 *106 ,107 *106 107 "1(18 107 3,100 % 95 *94% 94% 30 68 67% 68 6 7'A 94% *94%,^ 95 11 23% Iron 95 *99 'A Oct 64 6 8'A 6 7'A 66% *94% *84% 11 Jun 67% 67% 94% 24% 26% 6% 17,600 85'A South Carolina 11 68 5% 32% 100% 27 13 51% Jan 73 32 :24% 10Va Jan 9% Jan Oct Dec 3 2'A *99% South Amer Dec 3% July 31% *84% Solvay Dec 53% 32% 18% No par preferred preferred 4.20% 12 52% Feb 31% .100 ..100 3 Va'h 10 71% 66% 32% ' 11% .5 Corp Jan Mar Nov 13,000 32% 10 *18 1 Mines Steel & 4%. Jan 53% Mar 35% 14% 32 Va (A) & Sons Carpet Co com__20 Smith 12 6'A 15 O) (A " 106 10 Co Sloss-Sheffield 11 98 Oct 7'A 14-% 88 *5% 37% 7 Simonds Saw & Steel.__i.__._No par 5 33% Jan 23 Oct 14% *86 11% —No par Jan Feb Dec 87 14% 6 37% No par G) Co. Simmons 22 'A Jan 105 Jan 4% 87 14'A 87 *86 11% 27 No par 20,900 14 16 , 27 ..No par Sinclair Oil Corp 88% 17% 2 6'A 30 8% 8% 8% 40 99% 14% 11 Va $ per share No par 8 3,500 129% *96 87 LOW 1 8'A 8 99% 42% 11 43% Saturday ' 8'A 46% 129% 129% *96 20,200 *10% 50% Jan. 21 Gas 9 9'A 46 46% 46% 128 131 *96 98 98 4 6'A 45 %• *126 133 94'A *94 .No par 46% 46 7,700 • 49 6 6 11% 1 12 11% 20 < 16 16 5 STOCK Coalition King 9 31% 107% 40 Silver 25 100% Mar Jan - —__15 Corp of .America ' 1 Jan 13 Jun 43 Va ....—1 ... Pen Co 24'A Jan 33 29% Jan Jan - _ ... A) 9 Dec 97'A July 3% (W 29% Jan 33'A 17% Co. Co..... (Frank Shattuck Sheraton 7 4% Nov 50% *10'A 11% 11% 8% *64 64 5. 39 % 11% 14% 22% 20 .No par 39 11% 86% 14% 22% 20 .... Co—' 39% 11 % 39'A 8% *86 *63 Shell Oil Corp Jun 95% Del.! of 39 *127 310 113% *113 14'/a *104'A 100 .No par 113% 11% * 14% ——1 pref series A conv 9 Jan 21% 22% 9,000 32% 32% *113 8 8'A *85% 88 *86 113% 40 99% 107 % 86 .13% 32% 32 32 31% 112'A 11% 67% 105 105 31% 39% 94% ' 107 *85% 5 com Dohme common Sharp & Jan 38 Jun 83% May 100 pfd Corp 20 2% Jun 9 5'/2 Co & Oil 18% Jan 5 19 33 67% 9 5'A 107 1,200 57'% "57% 11 11'A 32% 32% 6 7'A No par 100 YORK Steel Sharon 30 • 1.75 800 11'A 10% 8% 13% .No par _ ... 57'A 11% 57 10% 13% " 88 13% 57 22% 57 *86% 8% 8% *86'A Par Shamrock 12 Jan 5- 5,600 40% 133 *98 1,800 22 3% 38% 46% 46 *127 100 100 - 11'A 11% 46% '18% 22 113 10 18% 11 113 5,800 106 223% 57% 31% 31% 113 39% 133 *98 100 & 40 % 11% par 31% 113 ' 1,300 66 18% 22% *10% 11 15,500 33 22% 22% 57 57% 13'A 66- *104 22% 22% *10% 113% 40 10 . _ A 22% 31% •31% 100 _ 12% *18% 19 18% 22% 2,600 *32% 106 *104 104 104 19 18% 18% *56% *113 46% Co $ per share share Jan 22 Va 5 100- *18% 105 *104 105 *104 11% *10% EXCHANGE 4 Jan —1 *130% common Highest 28'A Jan 37% 57 $4.50 preferred 16 Aug 22% 57 __1 66 . 1,300 22 67 % ..No par (The) Rubber Servel Inc 25 Va Jan 21% 11% $ per $ per share 31% May 66 >A STOCKS Lowest Highest Jun 67% 5 Refrigerator 16'A Jan 12 Range Since Jan. 1 Year 194!) 24% 65 series A. Co Range for Previous Lowest 66% 67% 5% *5'% 5% 22% 22'A 22 23 300 17 *163% 17 5 66% *32 100 3.65% Seagrave Corp Sears Roebuck Dec 56 *16% 5% 22% 12% 22% . Co 33 Va 16% 5 32 _ Finance 40 16% 12% No par preferred Seaboard 39 31% Air Line com vtc__ .No par Seaboard Dec 40% 16,500 13 preferred 3.35% 2,000 40'A 32 _ Elec 20% 39% 12% 105 18% 'series Co 20 3/4 31% preferred Scranton 23 83 Mfg 20% 39% 13% 5%■ vtc __-.100 A preferred Scovill 106% 16% 22% 300 240 20% 40 % 5% 96% 106% 107 19% 16% 5 40 48'A' 20% 106%' 39% 5'A 1,700 11,100 106'A *96! . 300 9 3% 38% *47 96% 96% 32 preferred. $4 preferred . 101 38 106 % 17 2 3'A 23 " *104 18% Scott Paper Co common.,: $3.40 48 % 40% 5% 66'A Industries Inc Schenley 39% *16% 5% 447 96% 13 .. Savage Arms Corp 27 20% 39% 47% 32 5 4.40% pfd 106% 20% 21 37% *96 13% Regis Paper Co common 1st 96 3 Jan 90 Dec St non-cum *106% 106% 21 41'A 17 20 (Thei—— series 96% 106% 33 66% Southwestern Ry Louis 5% 34% Jan 30% Jan 46% 31% St 49 *95% 32% Art Metal Works? Inc. Preferred 6 38% *47% 96 2,500 22 9% 9'A 38% 13 5% 9 48'A Jan > 31 87 39% 49% 96 9 38 47%. 38% x38% 9% •9 'A 20 14,200 5% 100% 100'% 100 % 100% 100 9% 32% Stores commoiv preferred St Joseph Lead Co... St L-San F Ry Co com vtc._ .No 25 101 9% 9% 4,900 16 213/4 22 , 13% Safeway 27 113% 101 9% 22 7,500 19,800 100% 53A 5% 5% 5% 21% 23 (Jacob) Dec 12% Mar *21% *100% 21% 21% 5% 21'A 5% 22 13 25 Royal Typewriter. Jan % Jan 21% 5% *100% 20% A_______100 series preferred 4% 6 Va 23 common..".. 3 61 %' Nov Jan ' Co Haas & 12 Sep 16% Rohm 5 Controls preferred— conv Jan Nov Apr 109V< 67% Jan : 4%% 5 100% 16 *99% 100 com..1 Inc 16% Jan 104 19% Jun 8% Jan 33 Mills *100% . 6,800 20,800 106 *104 16 15 Va 100 100% 20 Robertshaw-Fulton Mar 7% Mines Copper 100% 5% 107 40% *16% , 5'A No par Company Antelope Jun 15 Co.. 15% 100% 5 % 3'A 6 106 *104 % 106 16 16% , 4 Va 5 6% 6 Va 5'/a 6 6'A *104% 106 15% 15% *100% 96% 13 V* *104% 106 15% 50 94% 85 'A 5 *47% 39% 40 98 lo 6 5% 5 24% 24% *104% 106 15% 15% *100 100% 6% 6% 22 22 100% 101 9% 9% 39% 39Va 42 Mi Mar 102% 1,800 10% 10% conv Rexall 5% 90 10;% 10% 14,900 12% 12% -*87 90 *16% 11 ' 5 %'k 6% *87 11 10% 60 *59 12% ; 90 10% 2,100 9% 9% 60 500 23 23 9% Va 12 .,12% , 9 *8% . 23 % •' *59 60 12'A Va' 9% 10% 11 Revere Copper & Brass com__No par 4 Dec % 99% Jan 23 5 11% 10 Steel Corp com No par prior pfd series A...100 Republic Dec Aug 98 13 Jan 14% Jan 103 Jan .*8 9% 6% $1 convertible preferred 23% Jan Jan 110 Pictures Republic 8% 8% 23-% 6% Jan 13 2,600 10% Republic Aviation Corp.., 4% Jan 1,000 15'A 6% 5 Reo 9 9% Jan 17'%. 15% *10% 5 7% Jan Dec 6'A 17% 15 % 9% *8 *87 90 10%' 10% 11% 17% 15% 15% *59 12% *87 90 *87 60 12% 12% 12% 12% 90 *58% 60 *58% 60 9% 9% 9% 11% 17'/a 15 % *11% 23% 9% 500 12 17% 11% *17 24 24 23% Shares 1 12% Jan 25 Dec 9% $ per share for t,he Week Jan. 27 ._1 common—50c 13 5% Jan 4% Aug 4% ; 9% 9% *59 12% *86 5 100 _50c 25c 1 Inc Motors 10% Jan 8% 10 15'A *8% , $ per share 10% Jan 12% 100 91 85 common.—11 Mfg Co 18 Jan 10 5 8% Jan Jan 15% 9 *23% • 6% 17 Jan. 26 share 11% 12 17 15% *8% No par 9 23% $ per share 12 17% 17% 50c 17% 15'A No par — $ per 12 *11% 12% & Co— (Robt) .$1.25 Jan.25 Sales Friday Thursday Wednesday Jan. 24 *11% 17% 15% Inc Bros Reeves Jan 9% Jan Reis 7 Co Bit Roller Tuesday $ per share $ per share Par Real Mills com—5 Hosiery Silk 9 18 Apr share 16 Jan 13 % , 18 25 Jan N Jan. 21 , HIGH SALE PRICES AND Monday Jan.23 Saturday STOCK YORK EXCHANGE . 12% Jan 11% Jan 10'A NEW 1" Range Since Ja n. Highest $ per share LOW STOCKS Range for Previous Monday, January 30, 1950 CHRONICLE FINANCIAL & COMMERCIAL THE (476) 157 157% No par 62% 62% *140% 157 62 % 6?% *157 61% 62'A 61 25 43% 4.3% 43 43% 43 43'A 42% 43'A- 42% 25 66% 66% 66% 66% 66% 66% 66 66% 66 % ■ Jersey 157 53%. 54% . '67% 1,400 Volume 171 Number 4877 THE COMMERCIAL Range for Frevious 20 Range Since Highest $ per share 27 % Jan. 1 Lowest $ per share Jun $ per share Oct NEW Highest 25% Jan YORK 4 27% Jan 10 102% Doc 101% Jan 14 102% Jan 7 3%'A 20 % Dec 18% Jan 24 Jan 3 48 Jun 10 July 35 Oct 04 Jan Dec 38% 49% Jan 24 25 32% Jan 5 14% Jan 27 Sterchi % Jan 11 Sterling Drug Inc 13 Jan 12% Jan AUt 36% Jan 3. 27 39 4% Starrett Co Jan 98% Jan 10 99% Jan 4 3%% 33% Dec 31% Jan 27 34% Jan 9 Stevens 14% Jan 12 Jdin 3 £• )» Jan 13% Jan Dec 12% Jan 13- 15 14 Jan 18% Deo 17% Jan 25 18'A Jan 4 Feb 21% Dec 20% Jan 13 22% Jan 11 Jan 13 28% Jan 5 13 54% Jan 24 3 10% Jan 9 16% 6% Feb 28 Dec 26 Jun 28% 90 - 52 Dec 45% Jan Feb 9% Jan 52»,« Feb 117 Jan 9 66'4 Jun 3 5 8% Jan 95% Jan Oct 122 17% Jan xl22 25 5 'in 11% Jan S prior Sun Oil Co Class 7 A common 4% % 19 10 7% Mar 12% Sep 9% Jan 3 10% Jan 17 Sunshine 106% Dec 103 % Dec 7'a Feb 11% Nov 10% Jan 27% Jun 36% Dee 34 8 % Jun 12 17 >8 Aug 24% 76% Sep S9" 3% Jun 107 11 11 41 Jan Mining Superior Oil Superior 4 109 4 Jan 18 4%% of 12% 12% 12% 12% 12% 17% 17% 17% 17% 17% 18 21% 20% 21% 20% 21 20% 21% 26% 27 Va 26% 27 26% 27 26 26% 26 Va 52 52 52 52% 54 54'% 53 54 52% 9'% 9 9% 9 9 9 96 96 58 Pacific Pacific 11% Jan 9 5% Jan 23 6% Jan 3 3 18 Vb Jan 18 Jan Jan 12% Jan 3 12 45% Jan 9 48'% Jan .25 3 12lb Jan Taleott Inc Sub 15% Jan Texas 27 7% Jan 3 8 Vb Jan 10 $1.25 Corp_____ 2,400 10 10 4,600 210 209 211 212 218 11 11 40 *108 *210 11% 40 40 * 109 108 % Va 9% 211 212 11 11 10% 10% 10% 40 40 39% 39% 39% 39 % *108 109 9% 10% Va 109 17 The 6% Jan 11 Thermoid 41% Oct Jan 3% Jan 20 Jan 17V2 Jan 9 Mai- 7 Jan 38 Vb Jan 5 4 206 107 Va 108 *108 212 109 108 1,100 11 2,600 38% $2.50 6 Thomas Steel Co 10 55% Jan 18 Thompson (J R) Thompson Products Dec 52 Jan 13 Dec 94% Jan 4 Jan 3% Jan 3 4% Jan 9 42% Jan tThird 6 Oct 96 23% May 40 Dec 38 Jan 13 19% 25 Va Jail 22 Jan 3 24 Jan 5 J06 1051/2 Jan Jan Jan 25 •1 16% Jan 11 36 Vb Jan 5 $3.50 Timken Range for Previous Range Since Jan. 1 Highest Lowe; ,t S per share NEW Highest $ per share 17% 17 Va 61 60 60% 59% 60 Va 59 lb 70% 71% 70% 71 21% 21% 21 »/a 22 lb 5,300 22 22Va 22 Va 22)4 8,100 55 3 56 56% 3,900 .1 57Vb 57% 56'% 55V4 55% 55 55% 50 »/2 100 *46 Vb 47% 461b 47. Va 47Vb 47% *46 47 47 47 *46 Va 47 Vb 11% 11% 11 % 11% IIVa 11% 11 lb 11% 11% 11% 11% 15 15 15 15 % 121/4 15'/a 15»/4 151a 9,700 15% 15% 15 1/2 15% 15% 2,400 .No par ... *7% . 7% 31% 31% 13'/a *12 '/a 13Va 6 6'/a *37% 381/4 19Vb *19 *7 54% *94 % 54 54 54 *941/2 96 96 *4 Va 4% 4 Tb .No par *38 V2 39% *38% No par ,v5 15% i5% 15% 15% 35 35 34% 3514 __ Bearing 23 Tb 24 *105% 106 No par 4% 4% *38V4 39% Transamerica Jan 25% Dec 23 Jan 13 25 % Jan 6 37% Dec 35 % Jan 20 36% Jan Dec 102 Nov 6 8% Jan Nov Jan , 5 Jan 29 Va Jan . 103 Jan 20 Jan 5 10 Vb Jan 18 4% Jan 12 24 3 34% Jan 6 24 106 15'/a 34% 35 34 34% 34 Vb ' 15% 16 17% 17% *16% 9 '/A 9 %. 9 *4 107 107'4 IO71/4 107% 11% 12 117b 23% 23% 24 35% 35% 35% prior preferred.* No par Twin City Rap Transit com__No par *101% 5(/c Twin prior preferred— ccnv Coach Co 50 : CO to 5 VA . 11Tb 23% *35% CO" O CO *101% 9% 103 10 9 Tb rH 0 9% CO 1 12 33 ■ K 5'4 33% 33 5% Thursday < Friday - 15% 16% 17% 15% 16 17)4 17% 17 % *16% 17% 9 V4 9VB 9 VB 9 lb 107% 107% 111b 11% 16 Shares 17% 108 17% *16% • 16% 17% »-* O io" O 22,300 6,800 - 11% 11% 11% 23% 23% 23% 23% *3514 36'/A *351/4 3 6 VA *101% 103 *101% *9% 10 *9% 32% 33 33 5 5 514 5 103 *102 9% 9% 33)i 33% ~ 330 12 23% 3614 - 23,800 N" 23% ' Sales lor 914 , *35'4 103 7,600 the Week 107 12 380 .5,300 • Jan.27 9 24 33 34% $ per share *16% : 36% 5 5% 34 lb " Jan. 26 15% ' lO'/s 341/a $ per share 9j/B 107 22,900 15% $ per share 17 lb 9% * 24 1051b 15% Jan.25 17% 17% 24 1051b 15% PRICES Wednesday < 16 35% 9 200 23% *16% 17% 9 1.100 *105% 17% *16% S4.50 414 39Vb 15% 23% preferred— conv 4'4 *37% 24 par Century Fox Film com_.No $1.50 4 lb 39V8 106 15% 16 VB — 4'/b 15 % $ per share 3,000 *28V2 23% SALE — 52% 96 4% 1051b HIGH 714 52% *94% 15% AND 900 38% 38 24 1,200 - 18 Tb *7 53 96 105% No par 20th 7'/a 52% *94)b 15% $ per share 18 107 *7 70 4 54 23% Jan. 24 9% < 2,300 3814 4 *18% 96 '41/4 . Tuesday 15% 7Va " 6 *37% 4 18% 105% Jan. 2.3 *17% , 27 Jan —2 18% 106 Monday $ per share Tri-Continental Corp common 1 $6 preferred —No par Truax-Traer Coal Co 5 5 3 Corp *3% 23% Jan.21 Tvanscont'l & Western Air Inc..: 5 Transue & Williams Steel ..No par 3% 18% 250 ' 6 38 Va *105% Saturday Par 6 *37% 53 4% 6 37Vb *94% 39 Va 6 24 LOW STOCK 1314 2,200 32 *12 V2 3 Tb 95 500 7 Tb *31% 13V4 *7 55 *94% 7% 32% *12 Va 18% 7% 54Vb 8 32% 13 'A 371b 19 Vb 71/4 7% 32 Vb 5% Va 19 8 32% 3% 3% 4Va 3 Tb 38 . *7 com___10 ... *37% 4 *12 lb | ' 6 7% 100 com. ..No par 37% 6 19 lb *7 No par . 37% 4 4 19'/A 1 7% 31% 6 lb oar 8 *13 C 1/8 15 com... 31% 7% Va .-50 Corp_.No 7% 8 1 4 10 1,400 21Tb 5 Jan 5,100 21 16% Jan 11 15% 56 19% Jan 26 15% 21% 3 Jan 18,700 21% 13 9% Jan 60 lb 15% 14% Jan 108 59% 15% 16% Jan 3 60 15% Dec 13 59% 71% Dec Tb Jan 591b 18 15Va 17% 104 % Jan 1,200 *17% 711b EXCHANGE 11 - 5'/4 18 15% ... YORK 12% 5 »/4 *17 lb : 72% 16% Jan *11% 51/4 4,600 15 lb Jan 18 12% Sib 6% 71% $ per share 3 *11% 51-a- 290 6% 15% Jan 8 6% 72% 10 15% Jan 51b • - 8,800 6% 17% 5% 20,600 20% 15 )b 10 Dec 12% 5% 171/2 STOCKS Y'car 1949 *11% ; 5% 17% ■ 7.800 11% 72 Axlc„1. Roller 12% 5% 17 Vb . 37% 11% 20% 6% 18 5% 36% 10 Water Associated Oil $3.75 preferred *11% 6% 36% 15% iThe) Timken-Detroit 6% 36% 300 50c Transit preference *81 % llVa 72% preferred!— Tide 36% *10% 15% Oil Thompson-Starrett Co 9 25 14% Jan Avenue 47c. 11 Oct 260 11% 721/3 preferred 11 95 34 convertible % Jan 56% Feb 600 108 *10% 60% No par 7 Vb Jan 36% 37 11 .10 common 19% Jan 36% 10% ' a. Co * 11% No par — . Ry Co. 3 Apr Dec 1,600 212 10% 38% TiusV— preferred Fair *10% 37 12% *12 12% 5% 25 common... 13 Jun Jan & Land 36% Va 18 —5 . 10 84% 43% Mar *12 11 11 36% 13 25 131/4 Jan 3 4 36% —'.5 Coal 11% 31% 32 % Jan 6 5% Jan 36% Jan 11% *13 3 12% Jan 6% 55 Va *30% 30 Va Jan Jun 55 % i_l certificates conv Oct 341b 4% 55% 10 Thateller Glass Mfg Co common...5 $2.40 conv preference No par Jan 34% 4,300 55 10 *39% 100 Producing Co— Sulphur.; Inc Aiig Jun 56% 11 % (The)—4.16% ... Pacific & Tetion 6% Jun 24 55 10 212 (James) share 32 Va 10% 57% 10 % 10 Telautograph Corp Corp 27 3 Nov Jan 57 10% 50 Tennessee 6 10% Jan 14 % Jan . Nov 4% 57% 10% 18,700 82 Texas Sep 57% 10% 82 Gould Texas 103 58% 10% 10c 82 9 Jan 19 Va 10% G% Symington 9 Jan 17 19% G% 23% Jan 191b 17 19% 10% 6% 17 59% Jan 98% 17 19% % 6% 7% Jan 3 32% 10% 17 19 6% 3 23 15Va 10% 17% 19 82 Jan Aug 10% 17 19% 82 21 9% 10'% 17 19% 82 53% Jan 108% 10% 17 19% *17" 81% Dec Feb 10% 19 % 17% 83% Nov 98% 10% 17% 19% 82% 10 58% 9% 120 82% 83% Jan 26% 16% *118% 82% 4 Feb Jun 1,500 11% Jun Feb 56 20% 16% 6)4 *55% 11% 33 '/• 11% 20 56 120 *118% 20% Gulf $ per share 96 11% 17 Dec 2,500 *95% 20% 5% Jan Jan 7,100 9 11% Texas Lowest 28,800 ' 53 9 19% 20 19 26% 52% 96 *55 120 26% 9% 11% 72% Jan 107% 55% 26% 53% 20% 69 Nov 55'% *118% 9,500 11% Dec % 10% 56 120 *118% 21'/a 20% 70 Vb 32 lOt's 56 56% 120 20% 11% Jun 102% May 13? 8 Jun 56 *118% *95% 96 1,900 1,100 21 56 Jun 57% *95% 96 2,900 13)4 18 19% 12.50 _. *95 % 120 *17 25 Corp..._ 9% 96 57% • 25 Co 4% 9% 13 13 *17% 11% Gulf 2% May 12% 13% 17% 21 20% Texas 7% t 13 *17% 12 Texas 1% 12% 18 10,400 6,200 200 10214 10 4,900 34% 1,370 " 5 5 5 : 1,800 U 8% Jun 10 Vb Dec 10 % Jan 39 Nov 46 Jan 43 'Jan 10% Feb 12% Apr 12 Jan 13% Jun 31% Jan 26% Jan 13 33% Jun 42 1C7 96 Jan lb — 112 Jan 94 86 45 % Jan 94 — Dec 4 11% Jan 20 Udylitc 3 44 % Jan 11 Underwood 3 13% Jan 10 Union 29 Vb Jan 6 Union Bag & Paper Corp No par 27% 27% 27% 28 45% Jan 9 Union Carbide No par 44 3 44% 44% 44% Jan 13 111% Jan 5 90% Jan Aug "24 112% Jan 11 (The) 103 Jan Jan 103 Vb Jan 24 91 Preferred 27 91 Va $4 25 27% Jan 5 Union 25 88 lb Jan 9 Union Paciiic 9 51% Jan 20 33 Jan 27 Union 27% Jan 10 United 1014 Jun Feb 36% Dec 50 Jan 27 Oct 14% Jan 31% Jan 3 25% Jan 13 106%. Jan 3 . 110 Jan Oct 13% Jan Jan 85% Oct 82 Jan 25 Feb 86% Jan 31% Dec 30 Vb Jan 26 32% Jan 5 106 Vb Jan 3 106% Jan 3 9% Jan 27 Jun 4% 106% Dec 9% Oct Jun 23 8 Jan 3 29% Jun 38% Jan 34 Jan 25 29% Jan 40 Dec 40 Jan 17 2% Jun 3% Oct 314 Jan 3 40 "4 Jun 47% Sep 44 Vb Jan 3 3 lb Dec 15% Jan 3% Dec 3% Jan Jun Jun 9% 70 Dee Dec 3 8 Vb J an , 3% 45 13 64Tb Jan 16 14% Aug 22 Vb Jan 16Vb Jan 4 34% Jun 42% Dec 40 lb-Jan 13 x44% Jun . 37 5 Tank Car convertible United Ail" 4 Va % $4.50 United Lines Biscuit Inc Board Jan 11 United 10 United-Carr 4 Jan 12 48 lb Jan 12 Co 7% 26'/A 83 84 50% 33 25% 10,600 *108% 110 108% 108 % *103% 109% 200 14% 13,400 Corp preferred without *48 3% 1 preferred *8% 100 €9% 5 Electric Coal Cos..a *16% 13% Sep 13 Va 12% Jan 3 14 Vb Jan 9 United Merch United Paramount 42 —10 Gas Improvement Co Certificates of Inc Dec 27% Jan 25 Nov 101% Jan 3 105 Jan 24 J a 11 26 17 Jan 4 U S 23 1201b Jan 9 U S Gypsum Co 17% Jan 10 Jun 1161b Dec 110 175 Jan 187 Jun May 17% Apr 3% Oct 182 '4 lb Jan 4 184% Jan 24 10% Sep 8% Jan 3 101b Jan 11 Jan 46 % Jail 4 541b Jan 10 25% Jan 9 U U 26% Oct 23 Jan 13 Jun 9% Dec 9lb Jan 11 Jun 30% Dec 8% Jan 28 Va Jan 10 15% 9 30% Jan Jan 161b Oct 151b Jan 3 17% Jail 11 7% Jan 8% Apr 8% Jan .18 8% Jan 3 38 Jun 49% Jan 44% Jaii 521b Jan 72 Dec 70 For footnotes see page 18 Jan 1st 8VA 57% 18 *26% 35 *38% 3 % 3% 48 49)4 108% 8VA 35% 40 . 3% 48 3% 69% 3% 8% *68% 14 14% *82 30% 8% 3% 9 70 13% 110 14% *107 82 82 30 VA 30% 30 108% *107 108% *8Va 8% 34% 35 *38% 40 3% 3% 49 '4 *48 3% 3% 8% 9 70 % *68% *107 ay4 34 *38% 3% 48 8% 34 % 40 3% 48 3% 3 Tb 9 9 *68 % 70 Leather 49% Jan 10 U S 5 71% Jan 10 U S & Lines 4%% 27 Va 8% 34 Va *38% 3% *48 14 Va 13% 82 *79 30 % 30% 1081b *107% 100 30% 2,200 109 9)4 9 34 V4 34 36 40 40 40 3% 3% 43 % 3% *48 9% 6,600 3,600 100 3% 5,700 69 lb 40 3% 8% 49)4 3'% 35,900 9 3% 8% 69% 81 % 9 69 1,000 69 40 16% 16% 16% 16% 16% 16% 16% 16% 16% 16Tb 1,600 41 41 42 42 41'/a 42 41% 41% 41% 41% 1,700 56 56% 58 56% 57 57% 56% 57% 57% 56% 57% 10,700 18 VA 18 Vb 18% 18 Va 18)4 17% 18 )b 17% 181b 17% 181b 23,700 26% 26% 26% 26% 26% 26 % 26% 26% 26% 26% 26% 5,400 13% 13% 13% 13% 13 <4 13% 13 13)4 13 Va 13% 13% 13% 1G,800 23% 23 % 23% 23% 23)4 23% 23 23% 23 231b 23 23 lb 12,600 23 22% 23 22% 23 13,200 28 27% 28 27% 28 Va 23 Va 23 Va 23% 23 Va 23 Va 28 Va 23)4 28% 28% 28 Va 28% : common i__ 20 100 * 103% 103 % 105 103% *15% 16 *15% 113 *184% 113 186% 110 *184% 105 *104 % 16 *15% 16 *15% 112 111% 112 % 110% 186% 184% 184% *184% 105 105% 16 112% 186 Chemicals conv common Co class *105 105% com 110% 112% 110% 11214 184% 185% 30 9)4 1,000 *184% 186 *9% 9% *9% 9% 9% 9)4 9% 51)4 *50% 51% 50 "a 50 V4 50% 501b *50 51- 24% 24% 23% 24% 23% 24 Va 23% 24 VA *23% 24 .No par 9 9)4 9% 9 9 common— preferred Pipe & Foundry Co Playing Card Co 9 Vb 29% 16% 16% 17% 17 17)4 16% 17 8% *8% 8% 45% 44% 71 71 16% 16% 16% 8% 8% *8) A 45% 46 "4 46VA 71 71 45% *70 46 71 % *70 2,100 9% 29 VA 17 10 160 23% 3% 29% "20 % 20 23% 100 5.900 51 9VA 29% 8% 914 *50 lb 29% 29% ..29% *8)4 * 9% 29% 16 Va 9% -29 "2 9% 29% ,1 9% 16 29% 9 Va par 10 30 *15% *50 Vb :_No par Ai—No 6,100 105 1514 5 10 105 15% 100 Machinery Co par No par 27% ' S *80% 16% 28% preferred.. S Industrial Partic U 13% 83 3014 30 VA 900 42 1 preferred—No preferred % 7c S Vb —No par Foreign Securities S Hoffman 4 24 11% & 7/r U 8 *107 14% 85 *108 ' S $4.50 57 108% 30% 110 *108% 1 Freight Co— Jan Jun *82 109 1,400 .1 Theatres interest— 30% 12% 6% 8Va div._.1 Gas Corp x$9% 85 30% *107 100 United U 14% 14% *81 10 United 9 109 *30% No par Corp...No 11 30 )b Jan 43 14% 100 No par 3% 102% 5114 25% 36 Feb 51 50% 51 '4 40 Mar 40 % 4.800 33 27 18% 17,900 84 25% common—.10 —— Mfrs 26% 83% 32% *35% & 261b 83% 25% 11 3 26% 83% 32% United Engineering & Foundry—5 United Fruit Co....... No par 12 26 83% 2f Tb Vb Jan Jan 630 26% 82% 50% 57% Jan 24 103 Va ,25 Tb 25 Va 19 % Jan 23% Jan 103 220 32% 27 7 103 190 98 Va 90 Tb 50% 27 6 90% 32% 13 22 Vb Jan 103 *96 90% 25% 25 22 lb Jan 112 98 Va 90% 50% 26 Va Jan Dec *96 25% 17% Jan Dec 103 IUVa ' 32% 53 % Jan 25% 90 Tb 32% Dec 26 103 93% 51)4 Dec Jun 90 Tb 25% Dec Jun *96 32 % 19% 19 103 2G 26% 19% 84 103 26% 55% 9% Mar 112 % 84 '4 Feb 181b *11lib 83% July 16 111% 90% 25% Corp United 111% 112 98 90% 26 Dyewood Corp common 12 25,400 51 % United 18 5,900 43% 33 United Jan 27% 42% 25% 11 17 Ve Jan 271b 43% *50% 17 71 27% 42% *32% Jan 43% Jan .12 27 % 44 1/4 26 VB *38% (The) 600 27% 43% 5 9% Jan 4 1,700 2.200 12% 27 26% par $3.50 convertible 11% 43 Va *1214 44% 85% Cig-Whelan Stores com—30c United 91 % 11 43 12% 27% *96 98 1114 43% ' 44 111% 112 11% 43% *12% 27% 85% No par Fastener 17 % 100 America &' Carton Carbon 1.1 % 44 12 % No par preferred Jan 11)4 43% 12% 26% preferred..50 common i of 11% 44 12% 50 preferred preferred United • IIVa 44 25 Co—— Corp *96 % ..No par _ RR Co common Aircraft 42 . series— California of non-cumulative 5 '/c 7 19% Oil \'!c 18 61% 103 111% 112 98 25% Jan ,.109% *111% - *96 82% Jan Dec s *91 Sep Jun 12% No par Jan July 11% 44 12% series— 32% 30% No par ser 11% 44 12% series.—No par 89% 20 % pfd $4.50 11% 44% $3.70 Jun 104% Carbon 5 $3.50 Jun 51% Co Preferred _5 92 '25)8 Apr Rubber & 11% 44% *12% —No par _ & Preferred Aug — 73% 48 1 Corp Asbestos Un El Co of Mo Nov ' Corp .45 3b- 71 *814 44% *70 , 840 5,600 * 21 Va 9 6 13 13 12,700 32 11% 9 14% 12% 21 Jan Jun 12% 25 17 Mar 12% Sylvania Elec Prod Inc com_.No.par $4 preferred .No par 62Tb Jan 35 12% Swift International Ltd 25 Apr 13 12 13 Dec *12% 20 15 Vb Jan Jun 13% 12% Jan 59 1/a Jan 4% 12% 37% 22% Jan Nov; 12 13 300 99 % 31% 9 Nov 25% 13 36% *98 Va 3 Jan 18 VB 8Vs 32 % 9% Jan 65 % 4% Mar 32 21% Co Jun Jan> 99 33 37 Va *99 21% Co preferred & 111a 11% 37% 99 32% 37% 19% Jan Dec 15% 37% 99 % 32% Swift Dec 48 37% 99 32% Sweets Co of America Jun Jun 37% 99 32% 18 74 Nov. Jun 37% 99 % 32% 27 Jun " 37% 99 % 11% Jan Jun 8 600 37.% Jan Jun 13% July 200 14% 4 9% 36 30 Va 14% *17% Paper Co 2% 6Tb *29% 14% 13 Nov. 12% 30% *14% 37% 1 California Steel Sutherland 13% 48% 18 *29 14% Jan Feb Jan Mar 6% Jan Jan 11% Jan 224 30% 14% 5 4 % '/a preferred series B Sunshine Biscuits Inc 3 30% 14% 10% Jan 4 31 *14% 1 19% Jan Jan *30% 14% *118% 60 10% Jan 31 100 3 100 5,500 14% preferred 25 38% Jan 27 49 Va Va 33 __No par _ 25 195 *48% 31 *95% Jan Dec 49% 14% preferred-..—No par Jan Jan 49 8,900 32 14 % 9% Jan Dec 49% 26% 102 50 1 17 14% 18% *48 Va *30% '__1 19 41 % 18% 49 % *49 * No par 55 227 18% 49 % 99% common...... Sep Jun 18% 20 Dec Jun 26% *101% 18% 102 37% Oil r/o 26% 101% 18% *101 99% common 21% 4 % 26 101 Va 18% 102 33 ! . 60% 12 26 for Shares 50 Corp common preferred series A Sumay 25% Sales the Week 18% *101 No par Corp $4.50 series A 26 25% Friday 19 102 18% 100 preference Chemical 26% 25% *101 19 Thursday *49 —5 i Corp Corp Sunbeam Sun 26 % 102 Wednesday, .15 preferred (J Jun Aug $ per share 18% l Feb 8?-} $ per share 26 No par 16% 30% Jan. 27 $ per share -"•101 Inc. common. 36 '4 127 Jan. SO $ per share 10 Studebaker 9 17% Jan Jan. 25 $ per share 17 PRICES Jan. 24 100 Stone & Webster 9 Jan L Stores Stokley-Van Camp Inc 12 60 % Jan 14 10 % Jan 7 Jan 96 25 118% Jan Dec- 14% Jan 20 55% Jan Dec 11% July Oct Sep £6 ' common P) & Co Inc Stewart-Warner Corp 18 12% (The) Bros Jun 13% Ohio 6 Jan Va of Steel" Spring common.—1 convertible preferred 50 9 %■ 24 Oil preferred series A 30% Jan Jan 100. Standard Jan 48 41% , 20 SALE Tuesday Jan. 23 $ per share Standard Jun HIGH AND Monday Jan. 21 Par Jun (4771 Saturday $ per share 12 x27 CHRONICLE LOW STOCK EXCHANGE 40 96% May FINANCIAL STOCKS Year 1949 Lowest & 5,800 r 7,100 20,900 8% *8% 8% 100 45% 44% 44% 3,900 72 70 70 500 * ■ lrar 1949 Lowest $ per < •Highest $, per share share 19=8 May 30 82 93 Mi y per S per. share Dec share . U 3 29772 Jan Nov Apr Aug 43 112'A Jun 133 33=4 Oct 46 31=4 24% Jan 25 ~3 42 74 Jan ~12 37 '/a Jan Jan 62 Oct 126=4 Jan 18 130=2 Jan 3 Apr 72 20 V4 Jun 3 7 74 Jan 13 40% Jan 20 26% 8% U ' '7r'v 67% Jan Jan 3 25=4 Jan 13 67 Dec . 21 287 23 -2 Jan Jan 139 Jan 4 Jan Jan • 22 Nov 21 Jan 4 21%. Jan 23 38=4 Jan 44 Mi Sep 41 '(2 Jan 5 43 Jan 11 6M» Nov 5 74 J£m 26 10=2 Jan 3 95 140 Mi Jun - 4 74 Feb 8=4 Jun 11% Nov Apr 92 80 . Jan 3 4=4 Jan 27% Jan 21 Feb 27Tb Oct 27 Jan 24 12% Jun 17'% Jan 15 Jan 3 3 ='4 Feb 9% Sep 19-% Jan 25 % Sep 9 11 9 Universal x25 Jan 9 16 25 Jan 161 ,574 Jan Mar 7 Feb 12% Dec 10% Jan 13 11% Jan 5 Jan 64 Dec 59=% Jan 3 6174 Jan 27 Apr 20% Jan preferred! 13 23% Jan 11 3 10% Jan 12 Van Jan 3 27% Jan 11 12% Jan 3 14% Jan 9 20% Jan 26 22% Jan Jan 10 98% Jan Jan 10 98 Jan 10 25% 11% May 20 % Jun 27; Nov 26 10 Feb 13 MB Jan 7% , 9 * 25 Oct 97 Dec 98 £5'a Jan 98 Dec 98 33A Jun 47 Dec 45 91 Jan 100 5 Jun Jan 20 85 Mi Mar • Dec 18% Jan 113% Jun Feb 115 Jan Jan 23 Mi July 20 Jan 17 26 Dec 32 28 NOV i 25Mi Jun Mi Mar ; % 27 Va J&h Jan 300 5 2,400 5 165=4 *16371' *103 =% 160 Mi 40 3 G=B 30=4 10% 10=4 10% 10% 6,700 61 61 61 Ma 61 Ma 230 21% 21=4 21 Vz 2,000 9=4 400 60 7 2 60=4 60 7B 00=4 21% 21% 21 21% 10 *9% 27% 27% *9% . 13 = 8 7 21% 20% 17 Vicks Shreve & Pacific Ry com__100 '*97 non-cumulative preferred__100 ,-97 5% 3%% 27 $5 preferred 29 30% Jan 35% Jan 21 11 29% Jan 17 32 Apr 31% Jan 11 31% Jan 6% 7 3 28 R Jan 11 preferred 2. 2 7% Mar 45 Jun 60 Ma Jan 56 Jan 13 57 Jan 11 Wabash RR 4Vir'o 12 Jun 14 V2 Sep 14 Jan 18 14% Jan 10 Waldorf Jun 31% Nov 11 Walgreen Co common May 105% 83 19=4 115=2 115=4 19=8 115% 115=4 21% 21=4 29 *28=4 - 29% 30 45 COO 102 230 7 10.500 *100=4 674 7 Ma — 80 19% 19 71 0115=4 *22 28 28''4 27=8 28 29% 29% 29% 29% 29 = , 29=2 4 J 14,300 220 116 22'% 22% 460 27=4* 22%, 27% 4. - 3,100 79 197a M4. 27 = —J 101 45 82 Va 22 29 — *97 102 7 . 116 22 22 *31% 22 99=4 *98 • 45 Yi 19 19=2 19% 7,100 5,100 81=4 84 19% 115=4 1 >28 2774 2,000 29=4 1,900 *29=4 29% 35% *34% 35=4 34% 34% 34% 35 35='b 35=4 1,000 3®* 35% *28 >2 *28% 30=2 *28% 30% '28% 20%- 28% 28'% *28 7 a 29=4 20 *31=2 32 = 2 *31=2 32 y2 *3174 32 Ma *55 56 = 2 56=.'i 56% *56 5774 *14 14=8 14 *14 2. ■j2 *56 14% *31% 3274 57% *55% 57% *14% 58 *14. Mb .'2 *5572 *317-4 20 preferred 30 85=4 19% 13=4,, 2174 *■115=14- 116%. 85 115=4 "*2974 *100=4 7 =8 7„ 7%- 774 137a 21=4 99%, 45%, 101 101 13% 101 *97 . 4 £5 19% 207a 25 25 5 20 VLsking Corp (The)___— Vulcan Detinning Co common 45% : 45 = 45 =4. 101=2 7=2 774 84 SO 19% ■*115 25 common—?. Virginian Ry Co "'88 =4 100 10 100 pfd 4574 101 ■ 8Mb '8 No par : . Va Iron Coal & Coke 4% 12 31% Jah — partic preferred Virginia Elec & Power Co com 3 Jan iou preferred div 100% >100=4 45=2 457i ioi ioi *97 400 27%.. 27 74 21% . *97 99% *97 93% 101 *97 101 *97 45% >4574 *97 99% *97 99% 101 *100% Va-Carolina Chemical com 6% 21=4 21=4 Works common—5 Victor Chemical 11 2 —— P% 9=4, 27 74» *2u% 27 27 166 % 21% 9=4 *9 7g 9% 27% 500 23 23 23 2 21% 9% 47/e 5 23 23 23 164 = 13% Oct 13 16 21=4. Aor J an *15 1374 Apr . 16 21 33% 33% "15 =V 62 21=4 10% 100 28 13% 30% : 23 10 = 4 J 3,500 *26 21% 10 30 26 0 7-2 10% 8 400 3=4 28 5 47« 23% 164% 3,1Q*J 101 3% 2% 130 1,203 10=4 *97 7a 100 2,400 5=4* *26 13% 22Ma Jan 18 14=i *9% 5 = 4% 23% 4 2 74- 15=4, 15=8 *163=4 2,300 28 *26 16 120,800 21=4 42 3=4 3% 3% 27 100 100 '98 3% 4 5= *60 7u 22 *21% 10=2 107b 21% Jan 117 No par 10% 99 *15=4 24 10% CI 61 10=4 164% 57B *23% *162 10% 10% 10% 13% 197a Jan 18 15% 10% 5% 21'/. 42 21% 11 20 *1574 74, 5% 21=4 13=4 11 Jan " 101 10 16 5 5=4 21% *41 13% Inc Raalte Co Van 23 15% 118 *15 = 4 24 2 13 = 4 Jan 79 28 1(4 2 5 = Vertlentes-Camaguey Sugar Co__6% Vick Chemical Co 2.50 87a Jan Jan *27 *5 7. 41 = 5% . ' *26% 96% Jan 118 28 *23% 21% 41% 3=4 21 *27 "162 21% 5%. 309 28=4, 21=4- . 1,103 5,909 • 67=54 141=4,141'/« 43 10% 3=4 39,%. 27% 28 141 13,100 128 =/a 39 140=4 99 100 3=4 27% 140% 28 e 4 1=/b *60% 140=4 5% 10% 10=4 *98 3% 2 7-7 28% 141 1 94 128 39 68 2 27% 27 Jan Jan Jun 43 2 5=4 38% *60% 67 =4 27% 6% Jan 27 82 M; 10=4 100 >_—2.50 __ 21-1/2 43 = 5=4 39 = 67,74 40 47% Jan 27 Jan 99" DecJan 11=4 1 Co Norman 21=4 >43 5=4 3=4 _10G _ Corp of America Vanadium Jan. Jun Nov 17 preferred 4%'A 287b 140=4 28 = 2174 43 % 10% I Universal Pictures Co Inc com 2 141=4 38 7'2 68 4,300 25=4- 40=4 128 =/2 128 128%, 39% 40=/a 40=4 Shares $ per share 25 *9L 94 for Week the Jan. SJ 7 • 2574. *91 40% 128 28 141=4 2174 *574 100 , 129=4 39% *67% ' 21=4 *43 Universal Leaf Tobacco com__Nopar 165'74 Jan 129 40=4 67% 2874 25 Ma 74 94 40 129=4 2 ' - 41% 39% 1-41 *98 94 41 677 b * :.l Laboratories Inc- 3 25 128 = 25 24=4 *91 26- . $ per share $ per share ■ 26 *91 94 Jan Sales Friday Thursday •< Jan, S5 \ . 41 ='2 40% 67=4 28 —100 25% Wednesday < .■ £ per share 39=4 2 141 Jan 156 43Ma common——No par 4% Jan 23 Jun 170 11 Jan 16 127=4 39 = 67% common—__No par preferred__25 United Stockyards Corp—: 1 United Stores $4,20 non-c 2d pfd—5 $6 convertible preferred No par United Wall Paper Inc common.—2 4'ti convertible preferred 50 Universal-Cyclops Steel Corp 1. 26 Jan 3 1277-4 *91 94 HIGH Tuesday Jam 24 26 25*4 41% non-cumulative 7Mi 10 11% Jan 100 Jan . 41=4 U S Tobacco Co 5 5% Jan 3% Jan Dec 4 Jun 2=4 142 ^——-— *9074 - • t per share , s 100 50 50 preferred 7% 10 18=/z 129=4 preferred 2G = ■ Monday* - Jam 24- share 26 10 — 1st preferred Ref 8c Min com U S Steel Corp * 1 100 non-cum S Smelting $ per Par - , Plywood Corp common 3% (c preferred series A _ S ■ Mar Saturday -, Jan, 31.. U S Rubber Co common-" Jan , Mi . EXCHANGE Highest Lowest • STOCK NEIV YORK Range Since Jan. J ■ AND LOW STOCKS Range for Previous 1950 'Monday,'January 30, V CHRONICLE &. FINANCIAL COMMERCIAL THE (478) 18 1474 2 4 Mb 14% *31 - 2 *2 32 ■ 34%' 34=4. W 25=4 101 2174 6% 33 Jun Jun 30% Jan 17 31=i Jan Oct 103 Jan 11 104% Jan 3 Dec 31 Jan 13 33% Jan 12 7% Jan 4% No par 31% 30'a 103=4 103% 103% 33 10 Walworth 27 Ward Baking' Co common ll Jan 21 preferred 107) Co Dec 16 Jan 3 101% Dec 97 Jan 16 9% Jan 16% Dec 14 = Jan 13 16% Jan 18=i Jun 30=8 Dec 2978 Jan 3 34=8 Jan Warren Foundry 14 Jun 22 7 Jan 17 Jan 19 18 % Jan Warren 192 5%% — 25% Dec X24% Jan 11 25=e Jan 14% Sep 13% Jan 4 15% Jan 15% 16Mb Feb 24% Dec 22% Jan 27 Jan *30% 31% 307-2 31 17% 17% 17=4 25% 25 25 *14% 14% 14% 14 Nov t'3=4 Jan 6 74 Oct X1974 Jun 27=8 Jan July 84=4 Dec 78 16=it 16 = 2 S2P 14=4 Jan 27. v!6=4 Jan 5=4 Jan 3 Jan 13 Jan d 20% Jan 6% 5 Inc Co West Kentucky Coal 207 b 4 19% Jan 13 Dec 23'4 Jan 13 25=8 Jan 24 West Electric Co corn- .No par Nov 111% Jan 18 112% Jar. 23 104Ma Sep 106% Jan 35=4 104 Jun 13 108% Jan 7 1374 J&u 4 147a Jar. 11 Jan 3 .No par com— 1097a Jan 26 46 Jan 25 Jan 108 Jan 4 103 Ma May —— pfd. .—100 100 4.20% preferred series B__. 100 4.10% preferred series C___ -5 West Virginia Coal 8c Coke- 17% Jan 50=4 Dec Dec Perm 107% Jan Dec 108 101% May 12=4 Oct 22% 51 West Perm West Va 4%% Power 4 %'» Pulp & Paper $ per share Feb 23 15=4 16 = 4 share *6 67b 5 Western .40 -41% Jan 5 3 2(3 Western Maryland Ry com Jan 16 Dec 337-2 Dec 31 Jan 3 35 7s Jan 26 20 Jun 30 Jan 28 Jan 3 32=4 Jan 27 53% Jun 70=4 Nov 667-2 Jan 3 73 Jan 18 Dec 19=8 Jan 13 23% Jan 4 21 Sep 13 24 May 21 Mi Jun 9874 33 71 267 b Jan 11 Jan 5 6 1047i Jan 14 22% Jan 25 2G% Jan 4 Jan 33 6 Wheeling 25% 25=8 25% 84% 84% 84% 84% 300 22 22 = 4 21% 22=4 5,800 20% 20% 20=2 20 20% 20% 20 Mi 2074 20% 7,700 25% 26,700 20% 24% 112% 110 25 25 Ve 74 112 112=4 Dec 44 Jan 61 30% Jan Dec 32% Jan 13 Jan 3 . 13 49=a Jan 5 86 Jan Jan 5 110 *108% *207% 108% 14 = 109% *108 109 preference Mfg (The S Si 12.% Jun 16 7 8 Dec 25 16% Jan 5 Jan 32% Dec- 31 Jan 4 36 =a Jan 9 White 28% Feb 34 ! Dec 33% Jan 12 Jan 9 13%- Jan 27 774 Mgy ;. -.147'i 13=4 Jan 12% Jan Dec 1 13 34 11 4=4 Jun 7% Jan 5=4 Jan 3 6% Jan X42% J\tn .57% Dec 51 % Jan 26 55*2 Jun 8% Jun 12% Dec 12% Jan 4 13 = Jan 70 Jun 79=4 Nov 77=4 Jan 5 80% Jan 23 10 Jun 13 Ma" .Tan 10=4 Jan 6 11 =« Jan 11 ■ 19% Jan 3 22% Jan 20 ■Nov 139=4 Jan 27 141 Jan 11 35 Nov 32% Jan 10 34. Jan 4 23 20- Common 24 Prior preferred 21% 44 Sep Jun 18 =2 x59% Feb 72 Jun .76. . 1 Dec Jan 13 19% Jan 09% Jan Get ! preferred Wooiworth W) 9 4 727*2 Jan 79Jan 19 4 %% series Jan Jan 6 Yale 13 29% Jan 5 3 11% Jan 14 30=i May 39% Jan 37 Jan 6 40 Jan 23 16% Jun 28% NoV 267/2 Jan 4 30% Jan 26 52% Jun 72% Jan 13 10 Va Jun 14% Jan 11% Jan 3 14 Jan 20 20% July t 3°% Dec 31=v Jan 13 39 Jan 4% Oct Jan 6 5%. Jan *Bld dividend. and y asked prices; Ex-rights.r no 104% Towne 4%% 114 *109 114 45% 46% Mfg Co convertible preferred 45% 46% 46=4 84% 84 84% 84% 84% 31% 31 31 31 31 15% 16=4 157a 16 32 y4 16 337-2 33% 34 34 34 34 13% 13'/-. 5% •33 V4 13% a 5% , 5% 52% 52%a 12% 5% 13 83 80% 11 10% - 80% *10% 10% 23=/8 *109 114 *109 45% 45 •83% 83% 30% 15% % 13% 5% 5=4 5% 53 52 13=4 1.2=4 10=4 21% 21% 22 21 % 142 *13874 142 *33% 34 49=4 50 46,700. 35=% 34% 34% 4,700 31 31 32=4 72 *71 *80 34 21% *138 M2 *33 49% 21=2 *138% 380 300 31 16=4 5,600 34 Ma 200- 137/a 3,800. 5% 7.500. 51% t 13 34 y4 34=4 13% 5=2 51% 3,900. 3,000 10,000 13 12% 200 82 *80 82 10% 10% 10% 1,600 21 = 21% 21% 8,400 4 142 49% 18% ; ; 300 49^a 8,900 18% r 33=4 19 5,600 71-% r 72 30 140 130% 33 Ma 49 71% *33 v 49=4 19 *70% 19 7B 18% *71=4 72 *76% 78% *83% 86 77% *83% 18% 18=4 18% .18 ,Vl8=4 72 72 72=4 72 72 78% 79%;. 78% 86 ' 79=4 *83 79'4 86 *83 18% *71=2 r 86 '83 *80 81 81 81% 81V4 81=4 80 4 12M4 12=4 12% 12% 12=8 28% 28% 28% 28% 28% 28% 27% 28 _i uy8 11% 11% 11% 11 11=4 10% 1174 40 40 40 40 40 40 40 81 80 80% 12% 12% 12"% 29 11 ='4 *39 Mi. . 11=4 40 29% 5,500 4 11% 4,900 2 39%, 30=b 29% 30 29% 30=4 29% 30% 30%. 30% Youngstown Sheet & Tube_„No par 76 = 4 76 76% 75=4 76=4 74% 75=4 74% 75% x Youngstown Steel Door 13% 13% 13% 13% *13% 13=4 13% 13=2 13% 13% No par ' Zenith 33% 33% 33% 33% 35 27% 36% No par 33% 35 27 1 5% 5% 5% 5% 5% Zonite Products Corp 3% 5% 23 for company's reorganization, Jin receivership, or petition has been filed • a Deferred 574 . 30 % 74% 75%' *13% 13 = 4 39 37 57; 800 4,200 39 = , 29 % 5% w L ^"11 = PO CO ■ - 28 % , 70 . 28 12=4. —25 . 12% 80% 12 = *39=4 *83 80 80=2 50 86 240 78 78 12 V4 3 ■ , *77 78 :■ 76'4 Radio Corp 4,300 '33% 34 33=8 ; 4:9=4 82% 16 . — 4 6 MB 82% *20=4 51% '10% : 142 34 45% • 16=4 400- 2,700 114 45=4 51% 10% 21% 35,800 *109 114 5% 12% 31 104'/a 23 13% t. *80 16,200 23 34% 12% 25'% 104=2 104 ='4- 5% 82 12,900 30=4 31 23% *33 72 . 300 21Mk 23% ' ' X13 Mi (. 53 10=4 25% 31 16 1 1.700 72 ='2 20 = '2 *30=4 . 3474 13% 82 18% 84 34% 13% 10% 18 *82 7k 16 33 45% , 307-2 52 y4 *80 3072 104% 104% r 23 = i ! *33% •138M2 22 Ve 22 =4 12% *79 *13874 142 30% 104% 800 18% Young (L A) Spring 8c Wire-No par 77% Jan. 11 sales on this day, &■ 23 23 33% 22 31=4 1047k ' 23 *109 16 5% 104=4 23 23=4 114, 33=4 _ York Corp common 31 31% *204% 84 Prior 89 4 % r 31% 104% *30% 100 127a Jan 27 Feb 31% 31% 104 Mb <•2572 2,900 40 74 - . 82 3% ' No par 7 . 25% 50% 13 '(t 25% 497 a 25 Dec 20% 257 b Shares 8=2 40'% 41 * *30% 21=4 50 Jan Jan 21 49% Jan 10% Jan 71% 20% 10 Co 11% Jan 27 71% 33% B5 Dec 31 717-2 33% 80 Jan 31 33% Oct 30-% 34% 33% Dec 12% 34% 10 Dec Jun 32% 20 Ta 10 89 Jun 32 V* 25% 46% 100 i__„ 82 8 32 21=4 13% Feb 19=2 4 26 *13% Feb 12% 18 = 32 34 66 Feb 18% «' 20% "33=4 68 8 '4 16 = 4 31% pfd 4 %Ttf conv series loo Wright Aeronautical No par Wrigley (Wm) Jr (Dei) No par Wyandotte Worsted Co_„ 5 Jan 74 Nov 17% 25% l1 20 9 65 16% 26 23 Iron Ce_ (F 17 *40% - 21% Worthingtoi: Pump & Machinery . 17 , 3 Jan 48 49Tit July 11% 50=a Jan 6M> Woodward 41=4 40% 25% *109 Wisconsin Elec Power Co com Dec 140 41=4 40% share 8% 8% 8% 40% 21 No par : lo _ 1 8=8 8% 20% 100 the Week $ per $ per share share 8% b Sales for Jan.27 40=8 72% 137 $4.25 preferred S per Friday Jan. 36 8% 31 Mb 11C *108 74- 1097a Thursday Jan. 2G *71% 52% Jun . - 900: PRICES Wednesday Jan. 24 $ pe r share 2 f- AND HIGH SALE 72% 13 Jan Jan . 52 Wilson-Jones Co ■ 36% . _5 22 109 =/a 31=4 —1 128 109 Tuesday 8% 8=2 pfd series A—No par $4.50 conv 109 * Jan. 2ii Wilson & Co Inc common..—No par 5 2.300 47% *108 .B 31% Willys-Over]and Motors common-— 1 20 4 14 = 8 47% 47 = 4 *71=2 .Wilcox Oil Co— 10 14=4 14 = 14 Mi 73'a Sewing Machine common 108% 47 32=4 20 1087-a 14% 31% No par 108% 46 31% Prior preference '108=2 •*108 . 14 108 208 t per share 112 Va 11C Va 46 32=4 White Motor Co 18% 147% 2 Monday share 111 74 *103% 14% 47 330- 112 110 47 14% 72 25'% 2 8 111 = *107=4' 108% 47 12.50 $5 conv prior .'White Dental 110 *108=2 108% 25 = 257a 25% 112 110 *71=% Wheeling Steel Corp com—i_No par 12 32 . *107=4 17 _ 112 *108% - 108% ' 24% 25% 11274 100 Lake Erie Ry A- 2,100 25% 21 % 41' * 1,400 84% 16% * 200 1,300 674 674 6 4 25% No par Weston Electric Instrument -5 = 6 15=4 15 4 14% .1 15% 22 =/a 2 21% *40% A_No par Westinghouse Air-Erake_—__Nopar Westinghouse Electric com 12% 3.80%• preferred series B ;_!00 1,200 22% 15 7 b 15% 22 7 22=4 47 Western Union Teieg c-lass 14*74 *14 22 33% 317* 2nd preferred non-cum 14% 8 *22 22% *8'/4 Preferred series A'_. 1,000 14 = 8 22% Saturday " 89=4 Jan July 23% Mar 3 30% Jan 13 103 = Jan 48% Jun 25=8 Jan - • Aug 115. Mar 29% * 26% Jun 102 Dec v 104 Feb 21% Jan 34=4 ' 20% May 4% Western Pacific RR com. 2,400 84 = ___10 100 _100 Western-Auto Supply Co__ 18% Jan 1,200. 17 24% 25% 1 Air Lines Inc 9% Jan 14 = 31 17 24% 8 85 1474 £ per *30=4 17',4 24 7 26 48% Par Tper share 5% 67 b 31 17 £4% 14% EXCHANGE 8 50 111,300 1574 15 = 4 25% *46% % 15 = 15=2 10,800; 18% 10.' =/a 15% 30=4 * 8 22% *22 23 " 1874 *100% 4 101% 4 85 Jan. tl 13 Jan 12 7% Jau Dec 41=2 Feb S per share , 17 = 25 14% 1,400 26 24=4 *107% *108 17 24% 14=4 18 = 4,600 8=4 24=i 17=4 15 = '2 LOW STOCK YORK Highest Li-weal Dec 87a 3274 May NEW Range Sin.ce Jam 1 Highest Lowest 87b 20% *100=4 4 15 = 25 14=4 74 STOCKS 5 20% 4 *24=4 % Year 1949 $ per 16 31 17"« 18% 101 = 32=4 8=4 25% 112 *108.% „__100 preferred 1674 15=2 18 = 40 105 3271' 3%; 4 85 20=b 24% 115 111=8 Apr 25=8 21=8 Jan 22% 107 6=8 67» 17 = 4 101=4 8= *103% 32% 26 *85 1 West Indies Sugar Corp B 4 101=4 23% ! 15% v 8% 20Oi 1,000. 85=« 22=4 25% 2.50 8c Snowdrift com S4 convertible preferred- No par 23=8 Jan 3 - - 15 7 *23 23% *15% 1 Wesson Oil Jan 85 Tobacco Webster 27% Jan 84 Pump Co-a— Wayne 6% Jan 24% „ Jan 23% Jun Jan 15 *23 1—5 8 1774 177 a: *24=4 - 8 = *30 7 3 Wayne Knitting Mills 8% 32=4 100 14=4 30% 30=4 30% 105 *103=2 32=4 .35% 16 30% 30% 8 18 Mb ' 14 104 32 = *101 157-8 Waukesha Motor Co_ 17% 1874 No par Washington Gas Light Co Jun 30% 103% 32% *874 102 5 Jun Apr 17=4 *1(0 = 4 14% — 11=4 11=4 18 102 17 = 4 102 30% 22 7a 8% No par <fc Pipe Corp Petroleum 23 Me 24 8% *103 33 5 Warner Bros Pictures- 24 32=4 874 8% No par 9% Jan Jan 17 % Jun b 337 • 103% 20% 30% *103 18% Jan 4 9=4 Jun '* *31 100 No par _L G & W (Hirami x87 Mi 6 No par preferred Walker xl2 8 .—100 preferred- System- 5% 5%. 900 4.900 11,100 1,600 30.600 11,300 delivery, r Cash sale, s Special sales, wd When distributed, x Ex• ( ... Volume .Number 4877 171 * THE « . COMMERCIAL . ■ &; FINANCIALCHRONICLE 4 (479,■ I Bond Record New York Stock «» FRIDAY -V The . italic letters In the column headed WEEKLY ''Interest Period" each indicate in Figures after decimal point represent one case Exchange YEARLY or the month 32(1 more of when bonds mature. the point. a LOW Range for Previous t Year GOVERNMENT 1M!> Lowest t Range Since Jan. Lowest Highest &03.28 Dec 103.23 Jan 108.13 NEW Highest YORK BONDS Saturday STOCK Jan Low AND HIGIf SALE Monday Tuesday Jan.21 Jan.25 Low High PRICES Wednesday Jan. 28 - Jan.21 EXCHANGE Dec d'08.13 1 Low High Low High Thursday Friday Jan. 26 Low High Sales for Jan. 27 High Low the Week High Bonds (S) H10.23 Mar Treasury Treasury 1102.31 Jan 102.31 Jan 104.9 Feb 104.9 Feb 102.1 Mar 103.8 July 101.12 104.15 103.8 Feb 101.7 Feb 103.2 Oct Jun Aug :100.1s Jan 103.19 Dec 100.28 Jun 103 103.19 1355-1960 *109.5 109.8 *103.28 109 *108.30 109.2 *108.30 109k 2 ♦108.28 10!) *108.26 108.30 2%s 1951-1954 *102.21 102.23 *102.20 102.22 *102.20 102.22 *102.19 102.21 *102.19 102.21 *102.18 102.20 2%s 1956-1959 *110.20 110.23 *110.14 110.18 *110.14 110.18 *110.14 110.18 *110.12 110.16 *110.12 110.16 2%s 1958-1963 *111.30 112.1 *111.24 111.28 *111.22 111.26 *111.22 111.28 *111.20 111.24 *111.20 2%s 1960-1965 *113.30 114.1 *113.24 113.23 *113.22 113.26 *113.22 113.26 *113.20 113.24 *113.20 118.24 2% 3 1850-1952 *101.5 101.7 *101.5 101.7 *101.4 101.6 *101.4 101.6 *101.4 101.6 *101.3 101.5 102.20 Auc Treasury Treasury *103.19 1951-1955 Treasury 2%* Treasury g2%8 Treasury 2%s_ •Treasury 12 %s ^Treasury 2Vss —l Treasury 2%s Treasury 2%» July 101.13 *103.17 2%s Treasury Treasury Treasury Treasury 110.23 Mar 3s Treasury 103.21 *103.13 103.20 *103.17 103.19 ♦103.16 103.13 *103.15 103.17 111.24 102.21 *102.18 *102.17 102.19 *102.17 102.19 *102.17 102.19 *102.16 102.18 *105.26 105.28 '*105.20 105.22 *105.20 105.22 *105.21 105.23 ♦105.21 105.23 *105.20 105.22 *105.7 1952-1954 106.9 *105 105.2 *105 105.2 *105.1 105.3 ♦105 105.2 *104.23 1 04.31 *104.15 *104.14 104.16 *102.19 _195«-1958 1962-1967 —.1963-1988 *104.21 104.23 104.17 *104.16 104.18 *104.17 104.19 *104.17 104.19 Jun 1364-1969 *104.9 104.11 *104.2 104.4 *104.2 104.4 *104.3 104.5. ♦104.3 104.5 *104 104.2 Dec 1964-1969 *104.4 104.6 *103.30 104, *103.30 104 *103.31 104.18. ♦103.21 104.1 *103.23 103.30 -1365-1970 *104.1 104.3 *103.27 103.29 *103.27 103.29 *103.28 103.30 •1.03.27 103.29 *103.23 103.25 *103.31 104.1 *103.25 103.27 *103.24 103.26 *103.25 103.27 ♦103.25 103.27 *103.21 103.23 *103.4 *103.6 103.3 2%x ___-1966-1971 2%s 102.30 Feb 105.4 100.13 Jan >100.17 Feb c: 1967-197? *103.5 103.7 103.6 *103.6 103.8 2%s Sep 1967-1972 *105>12 105.14 *105.5 105.7 *105.6 105.8 *105.10 105.12 *105.9 103.11 *105.3 105.8 2%s Dec 1367-1972 *103.11 103.13 '*103.5 103.7 *103.4 103.6 *103.6 " 103.8 *103.6 103.8 *103.4 103.6 2%s 1351-1953 *102.19 102.21 *102.19 102.21 *102.18 102.20 *102.18 102.20 ♦102.18 102.20 *102.17 102.19 2%s 1952-1055 *102.3 102.10 *102.7 102.0 *102.6 102.8 *102.7 102.9" ♦102.6 102.3 *102.5 102.7 1954-1956 1 101.3 102.19 Jan Jan 103.9 24 9 ■> 101.13 2V4a *105.16 105.19 *105.12 105.16 2%s 2 Us 1956-1959 *104.22 104.24 *104.16 104.18 Jun 1959-1962 *102.28 102.30 *102.22 102.24 2%s Dec 1959-1962 *102.27 102.29 -*102.20 2s Mar 1950-1952 *100.8 100.10 *100.8 100.9 2s Sep 1950-1952 *100.22 100.24 *100.22 ^Treasury Treasury Jan Feb 101.8 Jan Treasury Treasury Treasury Treasury Treasury Treasury " 101.18 Feb • Jan 101.3 Dec Jan 103.16 Dec ( 101 *Bid and asked price. Registered bond Jan 13 103.12 Jan 101 2s Dec ilO-year 9 25-year No sales transacted this day. JCalled New York Stock Exchange Period 1 r • ( 3% 105.14 *104.13 104.20 *102.22 102.24 *102;20 102.22 102.19 102.19 *102.20 102.22 *102.20 102.22 *102.13 *100.7 100.K *100.7 100.8 *100.7 100.8 *100.6 10 ).7 100.23 *100.22 100.23 *100.22 100.23 *100.21 100.22 *100.21 100.22 102.22 " 101.11 101.10 *101.9 101.10 *101.9 101.10 *101.9 101.10 *101.3 101.16 *101.14 101.16 *101.14 101.16 *101.4 101.6 *101.14 101.16 *101.13 *101.21 101.23 *101.20 101.22 *101.20 101.22 *101.20 101.22 *101.19 101.21 102.1 *101.30 102 *101.29 101.31 *101.30 102 *101.29 101.31 *101.28 101.30 *1G1.9 1952-1954 *101.31 *103.21 103.24 *103.18 103.22 *103.lo 103.22 *103.18 103.22 *103.18 103.22 ♦103.10 103.20 *100.13 100.15 *100.13 100.14 *100.13 100.14 *100.13 100.14 *100.13 100.14 *100.12 100.13 *101.1 101.3 *101.1 101.3 *101.1 101.3 *101.1 101.3 *101.1 101.3 *101.1 101.3 *103.10 103.14 103.13 *103.10 103.14 *103.8 103.12 *103.3 108.12 for Development 2%s 1957 3s -1972 for redemption: Treasury 2s or Sale Price March 1950-52, 103.13 March 103.13 15 at ENDED JANUARY 103.13 Bank International 2%s Bonds FOR WEEK Bid «L Asked Low Range Since Sold High. BONDS Jan. I No. Low New York Stock 108 '/a 103% 103% 35 103% 10913 15 3%s series No. 16— 3%s series No. 17_ June-Dec —2 ." June-Dec ; Members REctor 2-2300 120 Now York Stock 3%s series No. 27 June-Dec June-Dec - -- Broadway, New York T-elttyps NY : sinking fund 5s (Dept of) Canada 30-yr 3s of) 4s 25-year 2%s *93% Jan-July *47% 1945—Jan-July 1945—Jan-July *47% AGuaranteed sinking fund 6s 1948 (Kingdom of Norway) 4s 1968 SAAntioquia (Dept) collateral 7s A 1945 § AExternal sinking fund 7s ser B I § AExternal ser C sinking fund 7s *70% 71% 47% §AExternal sinking fund 7s ser D 1945_Jan-July AExternal sinking fund 7s 1st ser 1957—April-Ocf AExternal sec sink fund 7s 2nd ser 1957_April-Ocf 3rd 5s Jan-July *47% June-Dec 1955 35 102% Feb-.4uy 95% 43% 48 % 46 % __ 47% 47 48% 43%' 46% „ 23 104 • 48 % 35 36% 103% 115 104 % 102 4 102% 102% 103 95 95% 39 94% 96% June-Dec 95 94% 95 20 94% 96 June-Dec 89% 88% 89% 69 20-year 3%s 1966 June-Dec 90% 90 90% 27 Feb-Aug Jan-July 90% 90 30% 17 89% 91% 1 106% 107% 22 115% 116% 15-year 3%s 1962—.: Belgium (Kingdom of) 6s External SABrazil (U S of) Stamped 3.5%) 1926 to s Stamped reduced f to of pursuant to 3.375% ) A 57 11 55% ) 74 4 73 External to 53% 54% 25 53 dollar bonds 3%s series No. *73 April-Ocf A — 54% June-Dec of 1979_^ *76 57% April'-Ocf (Plan B)— ' 73 Julie-Dec 3 June-Dec 54% 3%s series No. 8 66 21 65% 66 % 65% 66 27 65 % 66 % 66 66 *65 67 *66% 73 *67 69% June-Dec *66% 71 67% 3%s series-No. 12 3%s series No. 13 69 % June-rDec. *66 June-Dec *66% June-Dec 23 31 107% 102%. -103 - 35% *37% 30 30 36% *64 h 67% -JI'JU __ 65 . •id* -- c. 69%. 5 36% 1 36% 36 3 30 28% 66 67 > • 66% 63% 63'% « 30 30 20 28 % 30 36% 1 36% 36% 30 i 30 8 <29% * Mar-Sepf 30 30 28% -29 37'% 30 • 28% 30 *37% 29% 28 30 *37% Afay-Nov 29% 29% o 28% 2994 1993 27% 28% 104 26% 28 % June-Dec 28% June-Dec 2-3s 1957 1957 __ *37% June-Dec 1961—— i. *29% Municipal 7s 1960 40 28% u _'w 1960 30 *37% 30 Mar-Sepf *37% b 363« 28% — 28% 28% 29 36 3 — - — . — 29% 29 % 1 Institutions SECURITIES C5SLM™8JLC2L INC. 50 Broad 29 23% 1 30 *29% Mar-Sepf 28% 28% —- ' *37% 30 Afay-Nov Afay-Nov 1962, — *37% June-Dec April-Oct 1962 w *29% June-Dec St., New York 4, N. Y. Telephone HAnover 2-0050 66% 30 36 % €9% 64 36-'» 30 69%. 69% 67% u 10 30 36% __ . 36% 28 % 4 *36% April-Oct assented 36 35 40 29:% 2.3 FOREIGN SECURITIES SPECIALISTS 63% _ *64 page 102% 35 102% 107 68 June-Dec 14— 102 % *53 , 36 35 101A 8 65% 65% 65% 67% 65% June-Dec see 7 12 FIRM TRADING MARKETS 2 11__ footnotes bonds 35'% 107% 36% FOREIGN 13 3%s series No. For 53 65% June-Dec „ — 67% 10 jl 101 Vs 29% For Financial 65% 3%s series No. 3%s series No. 57% 51% 2 53 June-Dec ; 3%s series No. 7 ; 102% 101 36 Y8 A6s assented 1961, AGuaranteed sinking fund 6s assented 102% 101 % 10 76 37 — 54% 76 5 57% June-Dec ■; .3%s series No. 9 6.%s assented 101 % 2J May-Nov '. dollar 35% April-Ocf April-Ocf 1962 1963 fund — Mar-Sepf _ Mortgage Bank 6%s A 7s 67% 65% June-Dec 3%s series No. 4 5 1961 1962 assented 35 73 53 — — 57 *51% June-Dec 3%s series No. Extl sink A 6s * 1 3%s series No. 2 3%s series No. Sept AExternal sinking fund 6s 1963 AChile 102% 101% 102 102% 1961—Jan-July Jan-July 1961 sinking fund 6s assented 65 101% 102% (interest June-Dec 1944 A 6s 6s 66 65 54% June-Dec 1978 3.375%) AExternal Sept __ 66 Feb-Aug — 1961- sinking fund assented 64 % ■ ' «-*• 74 funding bonds of 1931 due 1951. Stamped pursuant to Plan A (interest reduced A6s 102 — 64 % 30 AGuaranteed sinking, fund 6s 1961 57 74 1961 — *65 *64 64 64 - Feb-Aug April-Oct ASinking fund 6%s 1961 77% 56 1957 April-Ocf (interest A 1952 Plan A6s assented Jan AExternal AChilean. Consol 8.5% ,1 75 Feb • *65 '*1—. April-Oct 1960 I960. assented 66 (interest 1979 to 2 April-Ocf 1957 due Plan pursuant 77% 91% (interest 1979 1927 to reduced 3.5 %) 77% 116% A 6s 68 35 % Ma'y-Notr ARy external sinking fund 6s Jan A6%s 91% 90 April-Ocf due Plan 3.375% ) 6'/2s (Central Ry) Stamped A 115 % June-Dec 1978 6%s of 107% 107% June-Dec 1941 Plan f pursuant reduced A7s to 8s to s Stamped AExternal external pursuant reduced AExternal 4 1955^ sinking fund 7s 1955 83% , assented A6s assented 10-ycar 3'As 1957 20-year 3'/2s 1967 ,. AExternal sinking fund 6s A6s — 66 107 Mar-Sepf AExternal sinking fund 6s Feb 1961 46% ~1 47% 35% 104 Jan-July 49 46 % 43% 93% 46 % 1 49 47% 71% 93% 47% *47% 35% 71% 46% *47% 1957-April-Ocf ser 30-year 3s s f $ bonds 1973 Antwerp (City) external 5s 1958 ~1 71 % __ 64% ' *64% • 101% 21 Jan-July 30-yr 3s Sf $ bds 1978_Jan-Juiy external s f 7s 1942 May-Now . 66 63 % 18 101A 101 & 1954 (Republic) §A7s assented 1942 ' Feb-Auy April-Oct Afar-Sept Akershus •; SAChile — sinking fund 6s 1947 — — 64 3 i 65% *66 Jan-July 8s » 64% 64 % *64 .101% A-pril-Ocf 1974— (City) (Dept of) Val High . 67 *64 —— 102 Feb-Aug 1960 __ Low *8 June-Dec 1961 A Carlsbad Agricultural Mortgage Bank (Colombia) Afar-Sept Jan. I No. 67% 64 % —. Range Since S»ld 65 f $ bonds 1978_Jan-July s (Dominion Cauca Foreign Government and Municipal 1957 Sinking fund gold 5s 1958 Sinking fund gold 6s 1950 ICaldas 1-1693 (City) 30_—— Bonds *65% — June-Dec 25-year 3'As > transaction 65% - June-Dec June-Dec Brisbane Exchange — —June-Dec ! 3%s series No. 29— i lot '~w. *66 % — June-Dec - 26 - 64% *64 June-Dec 3%« series No. 28____ (Commonwealth) 10-year 3%s 1956 Odd High *64 * June-Dec June-Dec , 23_. 3%s series No. Wertheim & Co. Friday's *64 June-Dec 3%s series No. Australia a *64 June-Dec 3%s series No. 25_. Foreign Securities T elephons or *64 18 3%s series No. 24 7s 100. .Bid A Asked June-Dec 19_ 3%s series No. sink fund at Week's Range Last - Sale Price •• June-Dec a 3%s series No. 20_" sec 1950 Low 3%s series No. - Period 3%s series No. 22__ AExternal 17 High Issue— June-Dec Interest Exchange 3%s series No. 21 j. Feb. 1957. 3%s series No. „ 56,000 27 100, Friday Fiidav's City Corporate Stock 1980* 5> AGuaranteed 101.9 .1950 Bank 10,0(70 101.15 101.23 3%s series No. > 102.20 *101.21 Week's Range Last ; Transit Unification *105.10 104.21 102.24 *101.14 RANGE Interest York 105.16 *104.19 *102.22 1 Friday New ♦105.12 *104.19" 104.21 102.24 *101.9 transaction. BONDS 4$ 105.16 104.19 *102.22 1951-1953 1%S 18 *105.12 *104.17 " 1953-1955 2s Jan 105.16 103.8 1952-1954 Jun 103.13 Jan 19 *105.12 *108.4 1951-1955 — 2s Reconstruction & 98.24 r 2s 2s International >; 99.11 103.13 Treasury Aug ~J~_ . *103.11 Treasury Treasury Treasury 102.30 Sep 101.3 Jun ; Jun Treasury -Treasury Treasury -Treasury Teletype NY 1-971 20 (480) , THE COMMERCIAL &, FINANCIAL CHRONICLE Monday, January 30, 1950 NEW YORK BOND RECORD RANGE Friday BONDS New York Stock Interest Last Ferine! Sale Price Exchange or Friday's Bid & Asked Low AChinese (Hukuang Ry) 5s 1951 (Republic ot) — June-Dec 1928 April-Ocf A6s of WEEK ENDED Friday BONDS Jan. I Low No. New York Stock bonds 1953—' 25-year gold 4'%s 4% (Republic of) 7s 1951— (Republic of) 4'%s external 1977 Cundinamarca (Dept of)—• Cuba 42 42'% 5 42% 78'A 66 73 San 42% *47% 47 47 47% 47% ' 76 23 24% 111 111% 23% , 29 11 assented 35 % 35 Jan-July reduced (interest External El Salvador 4s extl f dollar s f 3s extl A f s Estonia Greek April-Oct ASilesia A 4 of) 7s 3%-4-4%s 90% 97% External 114 85'% 93'% 84% 231 75% 84% *73% 75% 73% 55 % 55'A 50 50 49 Va Free Italian State extl (Republic) sink extl 15 11'A Italian Credit Consortium 1960 5s for 1960 Public Jan-July Italian Public Credit 7s Board Mar-Sept 1% 3% to 1977 Sewerage & 77 41% 62 41% 299 62 38% 40% * 63% 62 61 Va Bosch American 62 Airlines American 62 66 % 6 62 5 12% 46% 35 35% 15 100 A 9 A4%s small ASmall agreem't) 1968 100 & 100'A 36 ^ _ A Quar-Jan agreem't) 1945—Quar-Jan (1942 e9% assented 1945 due 11 1 June-Dec 9% 9% 30 9'A to 1922 5 Va 5% 4 5'% 5% Jan-July ; new (assented to *7% 8% 7% 1913 8% 8% 30 8% 7% 8 Va assented (1942 agree't) 6%s reduced to Stamped *11% 1963—Jan-July 2.125%) pursuant reduced 1958 A 1955 33 96% 97% 97% 97 % 2 95% 98% 97% 95 % 97% 97'% 13 96 »A 98 95 y2 95% 1 9374 95 % 92 92 11 92 98 98 2 —May-Nov to Plan A *101% 100% 100 100% 99% 47 lOOT'a 16 96'A 97% 107% 10874 99% 99'A 99 7« 12 99'A lOOVa 101'% 1017s 14 101% 102'% __ 101% 117% 117 1962—April-Oct 103% 103% 104 105 % 105% 105% 3s 1995——__Quar-Jan 118% 267 109% 111 24 106% 106% 523 115 V, 118,4 36 103'% 104 8 105 % 105 7/a 77'% 77% 3 76! 80 82 8 80 129% 50 128 131% May-Nov 119% 120% 3 119% 120'% May-Nov 104 104 4 104 April-Oct 4s a 78 82 1 July 123% a 128 1047 a 1952—Mar-Sept 103% 103 103% 37 102% 104 —Jane-Dec 104% 104 105 33 102% 105 2 102'A 102% 1966 _Jan-July 102'A 102% 91% 91% 94 85 90% 94 98 97 98 55 95 % 98 64% 64% 44 69% 74 % 224 49'A 537a general and due 4s div lien 1958 7s Consol 105 1 105 105 Boston ' 1968 8s (City of) Plan 2001 to Plan of Plan A 2.375% ) Steel to Plan A to Plan A A 2.25%) 2004 stamped pursuant to Plan A stamped pursuant to to 1999 pursuant see Plan A 1999—__ page 22 23 45 Va 32 34'% Plan C 92% 18 9 1960 debs April-Oct 1961-May-Nov C I 122'% 122 99% 99% 5 99'% 90 100'A 12 121% 93 93 100% 122'% 99% 99% 104% *104% 105'% 104 3A 101% 101% 3- 100''2 101% 101 101 1 191 101 1 104% 105 101 104% 104% *82 Mar-Sept May-ZVou 102 102 Aprii-Oct *— 75% 77% 43 75% 73 53% 7 49 % 54 *60 *1043A — 104% 104% 101 103 May-Nov 66% April-Oct Jan-July gtd 5s 102 Va 101 Va 102"% 103 104% — 105'A ~1 104'% 5 101 % 101-% 8 102'% 103 105'% Ry— 1952 1955 Buildings 83 102 "2 52% 76 '--Jan-July 1975..May-Nov 1957 4s 81 90 1969—Mar-Sept 2%s Pittsburgh 88'% 1960 66'A 67% 73 *102'A 102 Va 98 98 .99% 106 106 104 _Apn7-Oct 104 63. - 102'A 67% 102% 7 98 100 3 106.. 1C6 105 Financial T Corp— alphabetical order) (now in be found Cincinnati under Union Terminal Electric Oregon Power 3%s Canada *38 Power Southern consol 40% 38 Va 38'% 43% 43'A 43% 36 31% 31% Guaranteed gold 4%s 48% 48% Guaranteed gold Guaranteed 43% gold Canadian National Guaranteed Guaranteed *31 4 *48% *32 % 35 *31 37 60 GO 34% 34 57 57 conv Ry— debenture stock series conv inc debs series B — 116% 55 113% 114% 105 113% 114% 114 114 Feb-Aug 114 Mar-Sept (perpetual) 1960 A 104% 104% 104% Jan-JuZy 103% 102 % 3 113% 114 20 104'% 105 Clinchfield & Oho 1960 4s Mar-Sept 1965 68 69% 90 Ry— guaranteed 4s' 1981 mortgage Corp 3s debentures 119 100% 103% 69% "2 79 30 90% 92% 33 107% 2 07% 15 Central of Georgia mortgage *57% April-Oct 104 Feb-Awp Feb-Aap 74 83 107% 79 93 103 *101% 1948—Jane-Dec *86% 59% 104'A 59% 59 % *102 2 104 104% — — Ry— series A Jan-July 1995 AGen 67 % 90 107'% June-Dec 1965 Corp 3'As debentures I960— debentures (1947 issue) 1960 First (interest __Mar-Sept (103% 78 Mar-Sept § A Central Branch U P first gold 4s 67% 115% Carthage & Adirondack 3'As 67 % 104'% 6 — Pacific debs Celotex A *— 100 *— Feb-Aug June-Dec 1956_ 4s First 68% 104 32 116'/a 116'/a 104% Jan-July 1955 4s . 1 103'% 104% *104% __May-;Vou Capital Airlines, Inc— 60% Celanese • 1976—June-Dec gtd 5s A 1962——ApriZ-Oct 4%s 1951 34 60 68% 4%s 59% Carolina 60 bonds. 3s 1974 Ry— Canadian *69 Jan-July first gold 4%s 1957 gold 5s 1970 34 % 4% I" *57 Jan-July 122 Feb-Aug 1976 mtge California *52% *67% Jan-July to 34% 39 44 % (interest 1950 reduced to 2.5%) 34 May-Noa 2.5%) 39 2 May-Noa to 2%) 2012 (State of) — (interest reduced 40 45% May-Nov reduced 91% 100'A 100% 1951--—April-Oct debentures 4%s first Co 5s Terminal Can 34 May-Nov 1957 81 €0 35 (interest 2.375%) 2001 secured sinking fund 79% 1 C April-Oct A 35 A - 7 93 3674 Consolidated 45 Va 2004——June-Dec Plan & modified Terminal Bush May-Nov to to 38 (interest 1952 pursuant 4s Rochester Stamped June-Dec (interest reduced to 2.25% ) (City of) 6%s 1952 pursuant Gas General Bush (interest ARorae 8s Union Buffalo —April-Ocf Plan 80% 93 Bristol-Myers Co 3s debentures 1968 April-Oct Brooklyn Union Electric first gold 5s 1950—Feb-Aug California to 80% mortgage 4s series RR 1960 Jan-July mortgage 4%s series A July 1970—May-Noo (Ernesto) Co 7s 1954 ___Feb-Aug AInc 9% Feb-Aug to 80% First ABreda 9 (interest 1966 1985-Jan-JaZy D mortgage 4%s series JJ 1961 7% June-Dec due Plan 71% mortgage series AC 1967 First mortgage 5s series II 1955 14 2.5%) 1999 April-Oct 6s external sinking fund gold 1968 June-Deo Stamped pursuant to Plan A (interest to 8974 68'A First 8% to reduced to 2%) 2012 external loan of 1926 86% 57 RR— 8% *38 to 2%) 2012, do Sul (State of)— §A8s external loan of 1921 1946 12 70 Jan-July 3%s 2%s mortgage 2%s Niagara Elec first Feb-Aug xeduced pursuant Maine Buffalo *31 Rio Grande 89% 68'A A Corp— 9% *50 1953— 88'% 1951 series 5s Loan 9% Jan-July 2001 6%% pursuant Pa 2 April-Ocf (interest 52 70 fund debentures 1964_ 22 *31 72% 50'A Jan-July first 8% _Jan-July 72% 51 1980.Maw-July ser 1951 9% A 72% —May-Noa series 4s 8% April-Ocf 1946 pursuant 4s 9% A 2006 8s to pursuant & Brooklyn ~8 M Jan-July 1950 to (interest reduced to 2.25%) (City) I 00 1980_ First — pursuant secured 8'% ■ May Virginia— division ref Jan-July sinking fund gold stamped ! — 2010 1 mortgage 2%s series I 1970 Jan-July mortgage 2%s series J 1976—_May-Nou mortgage 3s series K 1979——Jan-July Consol 93 *14 _June-Dec Feb West mortgage 5% conting. int) Extension Telephone 103 *8% 1947—April-Ocf April-Oct 65 % (2%% 1995 1 income refunding stamped Creek 90 *8 —ApriZ-Oct sink fund 6% 60 159 contingent interest)— Dec first and 3'As sinking 24'% series 1995— fixed & 1%% Consolidated 103 *41 33 1 mortgage 3%% J Cincinnati First 11 24% footnotes 59% 59% 92 — 22 to 76 68 90 22 Vo SARio de Janeiro For 100 63% Beneficial Industrial 17 Stamped 99% 63 % Bell 40 external 215 62 Ja 98 24% 1st pursuant 1936 99% 100 62% 95 24% (City of) 8s 93 99% 62 92 23% 6s (interest reduced to 2.375%) 7%s 1966 stamped A8s 89% 62 105 90 Mar-Sepf Mar-Sepf 1959 A4 %s assented 1963 Porto Alegre Paulo 121 63% 98 23% Stamped 93 Bangor & Aroostook RR— (interest 2008— external 7s f s A4%s assented San 100'A 91 62% Dec 95 *95 24% A6V2S extl 100% T—1 O O 91 62% Beech 92 24% reduced 95% June-Dec Toledo 32 35 I960—June-Dec extl Stamped 75% 101 8 94 7 Mar-Sept due Like Erie & Refunding 4s series A 97% __ s f 6s 2nd series 1961—April-Ocf (Republic of) gold 6s 1940 April-Ocf ASao Paulo 3 Mar-Sept Series 24 1967 95 1996 fixed 33 reduced 95 O 100% — 2000—. (3%% 22 »A Stamped 101 1 S'western 31 reduced *100% 74 1 33 24 Stamped 104 79 March 32 33 Stamped *75 Va Jane-Ddc 1964 Pittsburgh 33 reduced 106 % 103% 106% 106% *104 II II March 33 24 A4%s assented 7s 11% — AExternal 106!'2 *104 due and 61% 97 April-Oct 1963 2.125%) (Republic of) §AStabilization loan A7s 11% 61 34 *31% AN,at loan extl A 20 (interest -Mar-Sept Stamped 3 *60 • due Consol 5s pursuant reduced to 1961 6% G — AStamped assented 8s _7 5 M Ref *44 Stamped mod 3%s ext to 1994 June-Dec External secured ref 3%s series B 1967—Mar-Sept 5 APernambuco (State of) 7s 1947 AExternal 6% K Bethlehem (Republic) ANat loan 6% ( COMPANIES 380 contingent interest) July 1975-April-Oct 33 *31% Mar-Sepf 1959—_Mar-Sept to sinking fund 4%s 61% il'A (interest 6%s Plan 11% 61 11'A *44% Mar-Sept 2.125%) 2008 Mar-Sepf (Kingdom) 374s 1957 May-Now Norway (Kingdom of) 4%s 1956 Mar-Sept Externa,! sinking fund 4'As 1965 April-Oct 4s sinking fund external loan 1963 Feb-Aug 3 %s sinking fund external 1957———April-Oct Municipal Bank extl sink fund 5s 1970—June-Dec . 1(1 A4%s convertible 2008 to 11% 11% 61 Netherlands § A Poland ~6% Series „_~IT_ April-Oct 1952 ASecured extl sinking fund APeru 86% 12 Series _ (City of) Stamped 86% — 81'/% Refunding and general mortgage 5% (2% fixed and 3% contingent interest) — Jan-July (State) — ASecured extl sinking fund 6s Stamped pursuant to Plan A Panama *8'% B "1922" 1933 Minas Geraes (City) *76% .96% mortgage 4s series A July 1975 April-Oct First mortgage 5% series B (4% fixed — 1963—Jan-Jiily (1942 agree't) ASmall Oslo 83 108% First ASmall Milan 84% 81'% Series agreement) A6s *87 Va . 110'A 111 Refining 2%s debentures and ASgiall Treasury 6s of A 82% 1 96% Fe— consol 11 83 Baltimore & Ohio RR— agree¬ —— assented 84% 86 108 '/a 1963 unified 4%s 9 93 10 ASmall new 83 106'A 106'% 1966— 3%s 8% 92% *' April-Oct first *80% . 110% 1995. Coast Atlantic II . 106'% 1959- July 14 2 15 108 % June-Dec 4s 14 — 84 Va April-Ocf gold mortgage 8%. 93 June-Dec Topeka & Santa 14 11% 10 12 1957-— —-June-Dec debenture Products Co 5s 4s 12% 11 ApriZ-Oct : debentures Co • June-Dec 9'A 1968—Jan-July 30 10 09% ' 1 9% 1954 (1942 agree't) (assented — l'J'% 10 66 — to agreementi 1910 10% H_ •. 1904 A4s new assented A4s W P First *10 ASmall ment) ——Jan-July 1961_. 1969 first General 10% ALarge of - 1987 Tobacco debentures Arbor *121 1966—-June-Dec Feb-Aug April-Oct debentures Atlantic III_IIII 1963—Jan"-July agree't) 63 *130% debs f s Stamped 4s July 1 1995 Atlanta & Charlotte Air Line Ry— -I ... assented (1922 3%s 1986 convertible General I__II__IIIII (1922 ASmall of debentures 1975 convertible Atchison ALarge A 4s Mar-Sept 1973 Ann , 1956 1980— debentures II II April-Oct 1998—April-Oct 1982 American ~5% 1975 4s • assented new 4%s gtd 3%s debentures — ASmall A5s RR 1st debentures 27/8s 101 5 'A *5% 80 67 *126 Aprii-Oct May-Noo 2%s debentures — 1968__Jan-July due 1945 ALarge §A5s debentures 3s (1942 (Republic of) §A5s of 1899 deductions 2%s 1943 assented debentures 92'% 1972_Jan-July 2%s convertible 47% 35 1967 3%s 3s 2%s 15 *47 3%s mortgage Corp 2%s 66% 14 80 1 13% 8% 92% INDUSTRIAL 1964—May-AZou Foreign Power deb 5s 2030 Mar-Sept Telephone & Telegraph Co— American 14 AND 1952 7s 12 3A Feb-Aug & 41'% 2%s May-Non Jan-Jn-y Mfg 2s debentures American 37% Co first " II" * 1978—Feb-Aug 1984_ 3%s 1943 May-Nov : Feb-Aug Susquehanna & Allis-Chalmers 41'A 38 1 .. *10 Va 1978—June-Dec 1958— 7s Southern Alleghany & Western 48 61 1 316 Power Albany 102 40% Adriatic Electric Great Drainage (1922 agreement) 12% " May-Nov 1958 Alabama 63% 66 % April-Oct 1979 1979 external Alabama Irrigation— ANew 5 A 4s 38% __ —Jan-July 1950 § A4%s assented Mexico 48 13 11 Va 9% 102 44% 40% Jan-July 1952 Water 5%s 1 63% 11 -• High — RAILROAD Works Altaly (Kingdom of) 7s 1951 June-Dec AJugoslavia (State Mtge Bank) 7s 1957--April-Oct (Colombia) 6%s 1954 June-Dec 30-year 3s s f $ bonds 1978 —Jan-July Metropolitan 49 *102 45 AMedellin Mexican 13 11% 63% Jan-July 1937) readjustment (City) assented A4%s Utility— Institute AExternal 13 11% May-Now 1977 l-3s 12 % April-Oct 1% to 3 r,c 1977 §A7s series B 1947 A conversion 11'A 12 % Low 82 *13 Jane-Dec —Jane-Dec readjustment external A Warsaw A fund f s May-Nov 1958 7s ' 50 11 % * Jan-July Feb-Aug IA external 1958— (dollar bond of External 57 Va Jan-July 1967 Jan. I No. " 3"% -4 %-4■${s external conversion 4-4%-4%s-external readjustment 73% 55% Jan-July Jan-July 1976 May-Nou ■ 54% 93% 70 ' May-Nov external: 1962— Government— participating paid 1964 participating paid 1968 Helsing.fors (City) external 6%s 1 of) assented 50 90% A6s ■ 6 78 80% A7s Irish 97 93 1976 1 *65 Range Sinco Sold 67 0 County Council 3%s 1957 Jan-July SAUruguay (Republic) external 8s 1946—:_Feb-A«t/ AExternal sinking fund 6s 1960 May-Nov AExternal sinking fund 6s 1964 May-Nov 36 84 1976 1 (Prov %s 3 %s dollav bonds Jan (Republic 52% 96 96'% 80 67 Bonds; (Kingdom)— 24% 114 35 80 April-Ocf 1962 series B secured — 1 go" 2004—Jan-July Jan-July external A7s 10 High g7 —Mar-Sepf — Slovenes ■78'A Fch-Aug bonds Jan & 72% April-Oct bonds Jan dollar 52 Jen-June 1962 (Republic of) s 3%s extl 1956 pursuant to Plan A (Interest reduced to 2%) 2012 Croats secured 19'% Friday's — loan '1968— A8s 111 or Bid & Asked Stamped to 1942 gold 5!%s 1955 External gold 4'%s dollar 83'% : Sale Trice Sydney 30-year 3s sinking fund $ bonds 1978 (State) — Stamped loan 77%' 117 78'A water external Serbs 83'% 76% 78'A Jwne-Dec external A6s *47% 81 (State) ^continued) Stamped pursuant to Plan A (Interest reduced to 2.25%) Czechoslovakia 6% ) extended to 1960 §ADenmark 20-year external 6s Paulo % 40% 83Va Last Period Low 5% *47%, May-Nov May-No u ACosta Rica 78'% Week's. Range Interest Exchange High A7s 1961 21 Range Since Sold 7 -*5% 1970—April-Oct SAColombia Mortgage Bank 6%s 1947 —April-Oct SASinking fund 7s of 1926 due 1946. May-lVoa §ASinking fund 7s of 1927 due 1947 Feb-Aug Copenhagen (City) 5s 1952 Jane-Dec 1 JANUARY *78'A Oct A6s of 1927 Jan 1961 3s ext sinking fund dollar . Bonds High 78'% Jan-July Colombia : FOR Week's Range mortgage 4%s series A Jan 1 mortgage 4%s series B Jan 1 2020—-May 66 65'A 67 67 45 % 44'% 45% 2Q20—_May A Gen 66% 39 8 94 63 66% 65 % 67'% 43 43 Volume 171 Number 4877- THE COMMERCIAL & FINANCIAL CHRONICLE (481? 21 NEW YORK BOND RECORD RANGE Friday BONDS New York Stock Interest Exchange Week's Last Period or Sale Price Central RR Co General Central York Pacific and First N J— 1987 3s Power gold 3'As series 4'As A 1974___—Feb-Auy Feb-Aug 1968— 1965—Jan-July 3s Friday Range Since BONDS Sold Interest Last Jan. 1 New York Stock Exchange Period Sale Price No. Low 45'A 1992 44% 45'A 259 42% 105'A 105'A — 2 105 % *104 'A , *103 — and impt M 3'As series E impt M 3'As series D 1996—May-ZVou 1996_ .Feb-Awp Refund and impt M S%s series H R & A div first consol gold 4s 46 105 74 consolidated gold 4s 1973__June-Dec 1989__Jan-July Jan-July 1989 | Dow , 104 104 102 % „ 133'A 133'A 102% 103% 11 130 103'A 102 103'A 103'A 52 10174 104 106 106 106 18 105% 106% *119 *113% 4s and 1958— __Jan-July ——. refunding 4'As series B 1977—Feb-Aug mortgage 3'As 1985—Feb-Aug First and refunding mortgage 27As 1970—Feb-Awp First and refunding AGeneral First mortgage mortgage inc ,5s conv series 3%s B 1997 1st gold 5s 1982 West first- 4s series Gt A El ■ A 109% 103 103% First consol mtge First consol mortgage Ohio Division 82 99% 101 252 40 71% mortgage 4s inc series A Jan 1983-Jan-July A2nd mortgage 4'As inc ser A Jan 2003_Jan-July Chicago Indiana & Southern 4s 1956 —Jan-July *126'A 36% 68 87 91 Firestone 73% 76 tFlorida 87 877s 7 73% 74'A 26 mortgage General 4'As North & Second First A Western 1994 Rock 3s 61'A 47 49 % 95'A 20 60 61% 20 - 45% 49 % 1 B 2044 1 April 1999—April 1989 Pacific & 1 --Jan-July Memphis Division 1st gold 4s 1951 Chicago Terre Haute & Southeastern mortgage 3 74s series F 1963 mortgage First 2%s series G 1963_ Western & First and First Indiana Elec & 1st mortgage 2%s Jan-July 4s conv Jan-July 1952_Jan-July refunding 4'As series D Cincinnati Gas 104% — 68'A 58 10 69'A 58 'A 59 5174 *87.% -- 1962_Mar-Sept mtge 23As 1975_Apn'Z-Oct 1978_- ——Jan-July ,. 103 % 30 66 Union 5574 59 262 5174 56 90 ■ 87 — 74 debentures 1969_~Feb-Aug 1959 ApriZ-Oct Cleveland Cincinnati- Chic General gold General 5s 4s B Louis St Louis Wab & Division Cleveland Mich Illuminating First mortgage 3s 1982— Cleveland & Pittsburgh RR— Series D 3 'As Cleveland Short Cleveland Union first mortgage 5s series B First mortgage 4'As series C Colorado First Fuel 3'As 3'As Gas 3s System debentures debentures South Columbus & Toledo First mortgage mortgage mortgage 274s series Q 2010 2'As series R 1961 78'A 2 76 80 AGreen ,106% 106% 104 103% 103% 105'A 5 106 106'A 2 10374 104 8 103% 104 104 106 103% 103% 19 *10374 103% *102% __ —- *11074 __ April-Oct 1972 *96 — 64 102 96 79 1 70 58'A 2 99'A 105 and refund First and refund Elec external L 4s 1977 33As 274s mtge 274s mtge 274s mtge A 105 23 Ry 1st first 106 B 70 75 62'A 1 gold Power First & Lt 25 mortgage 3s & Co 23As C ser 274s May-ZVou 1979_Jan-July Mar-Sept 1965 . refund AIncome receipts 1946_June-Dec 1946 mtge 2%s Essex & June-Dec 1975_April-Oct Collateral Delaware & mortgage and & Rio Grande RR 17o Detroit General 3s contingent Edison General and 3'As Refunding 103'A 1087'8* 107 105 18 1067A & and refund ASecond For Mack (3% first gold footnotes 4s lien G .104% 105'A page 1957 5 101'A. 101 % 36 ]00'/2 102 100 101 17 100 10274 95 94'A 10 '9574 '/a 87*4 96 Va 6 97'A 85 12 *64 — "9 103 103 1043A 104% 77 77 April-Oct 20 79 16 103 15 64 64 103% 65% 33 103 'A 104'A 101'A 10374 79 75 66 100 100 10474 *100% 100'/a 62 10474 *11 104% *100 100% 9974 100 % 127'A 127'/a 127'A 127 Va 9974 100'/a 127'A * Jan-July 100 91 91 92% 4.9 91 93 65'A 65 66 62 63 68 29 28'A 29'/a 84 27 74 32'% 4 104'A 105'A 15 102'A 103 101 101 102% 10274 15 102% 118'A gold ——1 Division Div first and 3'As 103 First and 11874 Indiana 10 93% 93% __ 33% *88 14 89 35 — 30 gold 3'As gold . refunding 4'As series C mortgage Illinois Ry series 4s Iowa & 105 1963_June-Dec 1007s 1963_June-Dec D 96 % first Ry 102 7A 102'% 100% 101'A 101% 10174 2 — — 10274 — __ 10274 — — Union 93% 93'A AFirst 47% AAdjustments 6 series A July 1952 3174 33 'A AFirst 84 AFirst series B 2774 3174 §AInternational 34'A 35 11 32% 35 Inter Rys 3474 35 3 331/S 112 104 74 106 10074 101'A 84 10074 10174 9674 *100 97 20 97 74 96 98 74 - 9974 April-Oct C 86% Jan-July 1944_ApriZ-Oct 87% 114 8174 88 36'A 3774 168 34 39% 80 % 81 19 75 82'A 8074 82'A 41 75 61'A 61'A 30 61 99'% 100 10 97 74% 37 Jan-July 1956- 100'A 100 100'A *90 —Jan-July 1956— series 5s 23 1952.- A series gold 104% 105'A *98% 100 Refunding and imp 2'As series C 1986—June-Dec international Great Northern RR— 5s 1 5 — - Co— Indianapolis 20 73 7674 2 103 103'A 82 5 4 35 Hydro-Elec deb 6s Central America first 5s B 67% 1972_May-7Vou . 6174 100 J Jamestown Franklin 103 103 103'A 32 103 103% 104'A 31 104 104'A 98'A 83 Jersey Central Clear & Power & first 4s Light 2%s 1959_Juue-Dec 1976—Mar-Sept 103 75% 103 103 *106 95'A 95'A __ K 95'A 99% Kanawha Kansas 1st 81 59'A 63'A May-Nov 67'A 2%S; City 67% 65 'A 63 *106% 107 'A 1950— April-Oct April-Oct Southern First mortgage 374s series Kansas City Terminal Ry 1979_Jan-July Plain 96 95'A 96 75'A 73 75'A 92 92 9 95'A 69'A unguaranteed 104 3 103'A 105'A 51 June-Dec 105 103% 103% *114% -Jan-July 1961 _Jan-July *30 _J.an-July 10374 105 — A 100 aA 103'A 105% 2 105 105 7A 2 10374 10374 — __ 35 *100% 105% 10374 100 — (V 100 (V 100 — — 100'A — 100'A _Jan-July 1961 *97 I—-——A. -Jan-July Kings County. Elec Lt & Power 6s 1997— .April-Oct Koppers Co- first mortgage 3s 1964 .April-Oct 97'A 227 1961 4'As " *104% 105% April-Oct 1968: B 23/4s 1974— Kentucky Central gold 4s 1987 Kentucky & Indiana Terminal 4'As Stamped 1961 RR— *82 *10334 104 June-Dec 1978 Ry 1st 3s First mortgage 4s series A 1975 86 61 &■ Mich first gtd gold 4s 1990- ApriZ-Oct June-Dec City Power & Light 27'4s 1976 mortgage Kansas April' *102% 1970——Jan-July gold 4s 1950-Jan-July 105'% 3174 104 Jan-July 10774 101% 101% series A 4s 103% 85 - 10674 *100% *102'A — — fixed 32 100% 100% —Feb-Aug Feb-Aug Chicago St L & N O— refund 5s series A 1963 June-Dec refund 6s 94% 1951_Jan-July 1951 4s 103 1977_June-Dec 27As 10474 and Terminal ' 31% 10274 104'A *100% 101 J an-July first first 104% 83 104 7A 6 102-2 102'A 3s 1951—Feb-Aug gold 3s 1951 Jan-July 47% 50% 32 ~1 95 gold Term 1027s *49 __ 103 Feb-Aug 1951 Lines first Joint 115 23 103 34 107% 107 first Div Illinois Central First 103% 7A 10274 96'A Illinois 103'A 103 10074 10574 105% May-ZVou 1—.— _—May-ZVou 10374 14 10474 104% 1953--,— 13 104% 104'/a *102'A 103 101'A 106'A 103 * 103 % 103% 104'A 93 'A 105 105 105 May-ZVou Jan-July 100 7 a 105% 777 *35 101'A 8 11874 — 1955— 5s *100% *101'A — 1952 gold 4s 1017 a ApriZ-Oct ———-—Mar-Sept 1952 April-Oct 4s 3'As 109 * Jan-July 1951— 1951 1955 trust 1919-May-Nov 1 9 116 — 106 Gold 102 102% *1.06 'A 95'.A 105% 105% 106 % 102'A 103 June-Dec 10174 101'A 106 106% 1981-Jan-July *100% 102% Western 9974 A 1978— Jan-July 3'As Springfield Division *101% 103 10174 scries June-Dec St Louis 101'A 104'A 10474 104'A 2%s 4%s 1966 Bridge gold 4s 1950 Omaha *60 1993 1966-— 97 97 18174 1817A 1 104 104'A 1 28 1 1 117'A 35 114 120 *181'4 185 75'A tAKreuger & series I Jan-July May-Sept 102% 102% 113'A 113 June-Dec *65 113'A 4 91'A 9 10574 1073A! 34 10674 10774 1 93 'A1 4 102'A Toll 112'A Gas 5s certificates Light 4'As Lakefront Dock First 1037V 216 Laclede 114'A 104'A 104 Va 1959— .Mar-Sept 1 Lake Shore & Mich 3'As 71 • RR & conv debs 1963—Mar-Sept 116'A 116 Terminal- mtge sink fund 3%s series A 1968_June-Dec registered Lautaro *67 June-Dec 23 1995 105% 106 10674 107'A 1982_May-Sepf June-Dec 4s 105% 1970_June-Dec 1958 gold 1995 see 124 % 101 101 fixed 23As debentures 1287 a 122 '/a gold 3s 1951 Jan-July Louisville Div & Term gold 3'As 1953—-Jan-July 107% 2 101'A 101'A April-Oct refunding 3s series H convertible Detroit 10774 125 74 8 4 Feb-Aug April-Oct Debenture Cairo __ Div 2042 3'As interest) series 1957 1931__. trust 105% *84 contingent interest) 1993AIncome mortgage series A (4'A% contingent interest) 2018 Denver & Salt Lake— : ' mortgage (3% 107% 7 124'/2 5 l962_June-Dec * gold 105% 1973_May-Nov 1 r/o Income A series B sterling 3s Collateral Co— C 1 trust Western mortgage series A 5s A ser *101 May-Nov 1973 mortgage and coll trust coll 5s : 474-4%s series A 3'As first gold 105% May-Nov May First First Extended 100% Collateral *105 74 1963 series 3s 6 128 '/a 124 Jan-July May-Nov 1970 1951 4s 105% June-Dec 1993 4-6s Light gold gold 105 June-Dec Western First Denver First division trust Power 107% 107% 127 8 mortgage 105 April-Oct 1965—: & 5s due ; 107'A mortgage 5%-3%s series B 1979—May-ZVou mortgage 334s series C 1974 May-ZVou lines 105 Jan-July extended M mortgage Morris 92 103 128'A 103 Consol 4s 107 June-Dec Jan-July Jan-July Lackawanna & Western and — 8 Consol ? *106 'A 106% Jan-July 1942 Delaware First 90'A 102'% 1 *102% 103 RR— 108'A 108'A April-Oct 1975 5'As Lackawanna Central Purchased *105 3'As 1966_May-Nov mtge & York 92 63 'A II 92 10474. 102 59 103 2044——April 1976 274s Feb Telephone 105'A — 1972__J«?ie-Dec June-Dec Delaware New 103'A 101 'A 361 April-Oct first 5s mortgage 3s 106 12 1978 4s income 104% 99% 100 debentures Hudson 1969 —_— 274s Corp Registered First mortgage 3 series A 1978_ Dayton Union Ry 3'As series B 1965 Deere 7 63'A *103 Jan-July Manhattan 10574 9974 receipts first 1968 M first sink fund Bell Illinois D Dayton 6174 Feb 1978 3s 106% 106% 7 1952 deposit & Illinois 70 100'A __ 10174 102 1963 SADeposit receipts §A7'As series A deposit series 99'A 107% 101% June-Dec 5s 99'A 105'A 1977_ApriZ-Oct SADeposit receipts RR 103'A 10474 *102% 103 62% 107 106 1982_Mar-Sept series E first 103'A April-Oct 1959 1969 Finance AAdjusted 107% 6 A debentures of Am a I 99'A B Consolidated Natural Gas 274s 1968 Co 87',2 96% Jan-July Hudson 107'A ser refund Northern 87'A 105% 1976__Mar-Sept 82 10 * refunding 3s series D 1972 mtge 2 86 274s 82 ser refund Steel 3%s first 105 April-Oct and 3s 87'A 96 'A 1999 Hudson Coal 107 1047A 105'A * --Jan-July 1961—Feb-Aug and first 377 86 4'As 58'A' 107% 66 Feb-Aug and Baking 97'A 86 Jan-July mtge 57 107'A *100% 1955_Feb-Aug First Power 70'A 97 "2 1 Jan-July first York—- debentures 66% 87'A 87'A Feb B series B Jan 4s Water Litchfield 3s 56 67% H Hackensack Household 106% 107% Feb-Aug 1970—May-Sept 3'As First Continental trust Util mortgage First First Consumers inc mtge 6674 1 69% 196.4—ApriZ-Oct 1974 mtge 6674 87 'A RR— refunding 3%s series D 63'A 105'A 105% 'A Mar-Sept New 110% *97'A 102 95% refunding 4s series B 1975 Jan-July inc 5s series A July 2015_Jan-JnZy debentures First 4s Edison First 79 A 85'A 75 3s ctfs debentures Ohio Refunding fund 106 74 — 95 Hocking Valley Ry first 10 64% 107'A 107'A -April-Oct of 3 . 96 8374 First 1982 *98% 99'A 106 3it May-Nov Cigar Corp 3'As 1965 § A 6s 101% 3s 1990 mtge States Consol Consolidated ACuba 7 Gulf Co— sink Pwr & First and 103% 58'A April-Oct 1977_-_- Consolidated § A Cuba 102% 63% June-Dec convertible General debenture certificates Corp Mobile First and 99 April-Oct Cruible 84% 79 April-Oct mortgage 3s series N 1978sinking fund debentures 1999-—: Conn Ry & Lt 1st and ref 4'As 1951 3s Gulf — 7 — 8474 -- April-Oct 1973— 3s River ^Debenture Greyhound West & Collateral 101% 10174 — Feb-Aug 1961 First Conn Bay — 103% 103% *107 1974 series 3s 1976„_;_ General 78'A First trust first Jan-July Jon-July 1973 D General 78'A Inc— Edison 1952 B C series Jan-July June-Dec Mar-Sept Ohio series series 2%s series P 82% - 6674 1965_Moy-Nov mortgage 79% Corp— August & 274s mtge General 7 107'A 1973 Columbus Commonwealth 4'As 82 'A 89'A 19 71 debentures March first Co 5'As 5s Corp— coll Electric & debentures Columbia 3s Iron & Gas General 82 — 11074 Northern Ry Co— General 82 — 110 'A — — 110'A 110'A Mar-Sept 3'As series O 2000, *82 Ry— modified) 1980 mortgage and Columbia F) 1969 mortgage Southern (stamped (B debentures General *107 1950—. mortgage 5'As series A & Great 87 income 3'As series'N 104 101 Realty & Utilities Corp— conv 10174 101 Co— First 4'As A4s mortgage 1990_May-Nou * First Colorado 1977__Jan-JwZy gtd 4'As Terminals 6s General 105 103'A 101 % ' guaranteed Line deposit collateral trust 1037s 1970__-Jan-July 3s May-Nov Mar-Sept Mar-Sept 1956—May-ZVou 10274 — 103 — *1053/4 -June-Dec 1974 103% 4s 1991-Jan-July first coll trust 4s Electric 1961 1959 102% June-Dec 1st 4'As Ry— — Div debs 3s first 5 -- 10074 *104 19.71-Mar-Sept 2 —June-Dec 1993 Refunding and impt 4'As series E Cincinnati June-Dec 1993 series St & June-Dec 3'As 103% 103% Feb-Aug City Ice & Fuel 2%s debentures 1966 City Investing Co 4s debentures 1961 Rubber & Sugar General mortgage gtd 3%s series E First mortgage 274s series G 1974 C 1 T Financial Corp— 25As General Terminal— First mortgage Jan-July Jan-July Jan-July 105 *110'A Jan-July 102% 10274 105% 941/2 100'A — 103 G 71% 174 53% 101'A 101% __ 9274 1953_Mar-Sept 104 % — Cincinnati series H refunding 5s series A General 101'A 2s 200(1 ACertificates of Goodrich 53 June-Dec Ry— First and refunding mtge 2%-4%s 1994_Jan-July Income 274-4'As, 1994— Jan-July Chicago Union Station— Chicago 101 first Coast and Francisco Ry— General mtge conv 4'As ser A Jan 2019 April Chicago St L & New Orleans 5s 1951——Jwne-Dec First 104 3'As series G 89 89 — Ry— series Island Jan-July 2019-April ^ A Jan ser mortgage conv inc 4'As Jan mortgage Chicago series 4'As inc increased series B Jan conv Chicago 4s mortgage Tire East AFirst 61% *90% High 102'A 10 __ 74'A 49% Low 8 72 87 __ 102'A 102% 93'A 94'A ,*150'A 1965—ApriZ-Oct 5s 40 3 Chicago Milwaukee St Paul & Pacific RR— First first General mtge inc 4'As series A Jan 2015_Jan-July First consol mortgage 3'As series E 1964_April-Oct First consol mtge 3'As series F 19901. Jan-July 111% 108% 71 Jan. 1 No. *103'A 103% *100'A 101 % ApriZ-Oct 11174 377s Range Since Sold Co— 1 9974 100% Bonds High *10074 Feb-Aug April-Oct 1965 7 100 94'A 1961 ——May-Nov — Southwestern Railroad 109 71 1st & 5s stamped 3 1976_May-Sepf 1977— 1979 103 40 2038_Jan-July Paso Erie — Ian-July 1988—Jan-July 2%s 10.9 -- May-Nov AGeneral inc mortgage 4'As Jan 1 Chicago Ind & Louisville Ry— mortgage 103 — B May-Nov East Tenn Va & Georgia div first 5s 1956_May-ZVoy El 111 (N Y) first cons gold 5s 1995_Jan-July Elgin Joliet & Eastern Ry 3'As 1970—_Mar-Sept __ May-Nov 1985 & Erie 2%s Co 1961 ser debentures 2.35s Light 111% 11174 — 4As Tunnel & Edison 127 Chicago & Eastern 111 RR— Chicago Chicago Chemical 1st 13374 98 103 — Friday's 103 104 103 — Terminal Detroit Tol & Ironton RR 2%s Chicago Burlington & Quincy RR— General or Bid & Asked Low Duquesne *103 -- Mar-Sept and Refund First Week's Range High Detroit — Refund Second 27 Bonds High - First mortgage 3s/8S series B Champion Paper & Fibre deb Chesapeake & Ohio Ry— General Jan-July ApriZ-Oct 1974 Ry Co— refund JANUARY t. 3'As mortgage New Central of ENDED Range Friday's Bid A: Asked Low FOR WEEK Nitrate AFirst mortgage South gold 94' 9374 94 10 June-Dec 3'As 1997——. Co 89 89 1 84 90 June-Dec 9174 91'/a 4 90% 92 1997-June-Dec 8974 Ltd— income reg 1975 22 (482) THE COMMERCIAL & FINANCIAL CHRONICLE Monday, January 30, 1950 NEW YORK BOND RECORD RANGE Friday BONDS New York Stock Interest Exchange Period 1st & ref 5s stamped k ref 5s stamped 1st & ref 5s stamped Valley haioo. First mortgage or Lehigh Valley First General 4'/2s A to extended fixed 4Vis fixed Series C 5s Series D 100% E Series to 1974 70 5s contingent ALombavd 3s Electric (P) k First series series 7s 1965 13 o0% N Y 73 '7 § AFirst 73% § AGeneral 56 63 53% 60 13 53 % 61 64 % 7 63 64% .56% 37 36% 37 V* 328 33% 37% 39'A 41 %• 102 36% 41'A 41% 41% 40 42 % 74% 12 74% 75% 10 74% 122'A k 25 105'A 105% 105% 105% 2 105% 105% 104% 104% 7 104% 18 96% 77 1955 105'/2 100 85 '/2 100 85% 100 'A 85% 8 85% 88'A 30 100% 104% 107% 107% 3 107% 108 % 102% 102% 102% 3 102% „ M Maine Hi & Central First Co 2%s RR debentures 4lis mortgage k series 4s con A 1972 1960 series B May-Nov 102'A 102'A June-Dec 74'/2 73% 1954__June-Dec Corp mortgage 3s first 1966 mtge 101 1974 72 76 93 3 88% 93 89% 1 88'A 3 54% 3'As debentures Jack 101 19 100% *102% First, 1938 <te k gold Sag 3%sl951 3 Vis *99% Mag-Not ^ First,, mortgage First mortgage 3%s .sinking A Midland Minnesota Minn St First A 2%s 3%s 1969 fund of N k Mfg Saulte mortgage General first & 4Vis 5s 2%s St 4s 1967 General general & ref *105% lien Prior 5s 4s lien ACum series 4%s A B series A ser Jan 1990 1962 1962 series adjustment D 5s *105 *57 103 1971__Msy 1991__May 1978 and series A General refunding 4s A 5s Jan series 52 :A June-Deo 82% A 1967Aprti-Oct 1965—Feb-Aug 1975 and AFirst and and Mohawk & refund Malone Monongaliela Morrell gold 5s H ser refunding 5s series I Ry (John) first Co. 1980—April-Ocl 1981 gtd 4s B Feb-Aug Mountain 3Vis mtge States 4'/is Tel debentures 54'A 39 49% 54% 82% 85% 88 77% 85% 91% 92% 19 84% 92% 81 81% 14 74 81 % 82 82'A 16 75 75 99% 71 'A & series Tel B 2%s 1986 May-Nov ■ 02 % 69 % 99% 598 38'A . lien 4s refunding 4'/2s 4s 3s 82% lien First Chattanooga mortgage National 3a Dairy 3s debentures Natl Distillers National &• St series registered 1 198G debs Collateral trust States (Minnesota) 4Vis 1975- Power 3Vis debs Steel Corp first mtge 3s 1965 National Supply 2%s debentures 1967 Naugatuck RR first gold 4s 1954 New England Tel First 3s guaranteed 19821 debentures J Junction Jersey New Orleans A 5s A 5s N D Y Central RR 1954 registered Y series New 3Vis 1998 .&;! 1998— gold AGeneral Harlem First For B 4s 3 Vis' B 2000 series A 1 56 mtge conv k Port mortgage footnotes 94 % 241 93 97'A' 104'A 105% 102 34 102 102 ' 102'A4 102%' — ■J— ' __ 102 10 *98 -- ■ 102 102% -- — 103% 5 4'A 57 % 75'A __ 17 80 72 98% 2 105 — 78 93% 105 94% 2 93 94'A 103% 10 103 103% . 106% 105 Vis 106'A 104 .... 106% 106% -a 105% 105% 1 103% 104% 1 101 101 % — 101% 101% — 118% 119% — 107'A 107 % 13'A' 105% 118%" 6 105 6 3%s series I 3s series J refunding refunding First and refunding First and refunding First and refunding First and refunding First and refunding First, and refunding First and refunding First and refunding Pacific Tel & Tel Western 3s 12 1 13%! 14 105 % 106 18 102 102%< 102 102% 9 103% 104%' 1 105%' 105'A *101%' 102 'A ' -105 104'A 104 -June-Dec 1966—June-Dec 105% 104% 105% 105% _June-Dec 1970—-June-Dec series K 1971 3s series L 19 3s series M N *105'A 106'/• _June-Dec 1979—June-Dec 3s series _June-Dcc 1977—June-Dec —June-Dec June-Dec — 105'A —" — 106 % 105%* 105% 2 105% 106 'A* 106 'A -June-Dec 106'A 107 1 106 107 106'/» 106% 5 106'A 106'A ' 106 4 106% 106'A 10G% 102 '4 102 102 Yt 11 101'A 102% _June-Dec 27/«s series Q 1980—June-Dec June 3%s series R 1982—June Dec 104'A 103% 104'A 15 103 % 104'A 14 104% 105 17 100'A 100%» 3s series S 1983 —June-Dec June-Dec 1985. 2%s debentures Oil 100 .— - —June-Dec 2%s series P 1981—June-Dec 3'As 1st sink _June-Dec June-Dec «... ' *105%' 106'A 105 - 100 'A debentures 1964 _ 105 100'A 100% 103 103'A 9 . 103 103% 105'A 105% 12 105'A 105%' 107'A 107% 105% Mar-Sept -Mar-Sept 14 107 107% 106'A 106'A *105% 105% June-Dec . *100% 1955_Jan-July fund gold 4'/2s Pennsylvania-Central 0104 % Airlines— — 1960—April-Oct 74 74% 68% 74% 102% 103% 105'A Pennsylvania Co— Guaranteed 4s series E trust ctfs 1952 May-Nov Pennsylvania Glass Sand 3'/2s 1960 Pennsylvania Power & Light Co— mortgage 3s 1975_ 3s sinking fund debentures 1965 Pennsylvania RR—• sinking series 4'/as 5s General 4'As series fund A B series April-Oct Apfil-Ocf 4%s 1960 3s Gas Light & Coke Eastern Peoria & April Pekin 104 114 115 100'A 103% 104 106 114 . 115 101 103% 105'A 106 30 141 40 94% 96% 156 Jaw-July ApriZ-Oct 96'A 94% 96'A 5!) 101% 102 82% 3 81 131% 131% Jaw-June 101'A — 1963 June-Dec 1960 April-Oct 101 82% 93% 94 100'A 5'As 1974 Feb-Aug Ry 3%s series D 1980 Wash 110 96% 96% 101% 83 127 59% 20 58 16% 5 15'A 134% 61 17% 110 110 1 110 110 102 V# Mar-Sept RR 22 58 10% 58 April k 103% 96% 1990 Baltimore 104'A April-Oct external Union Ry Pere Marquette Philadelphia 4s 106 2 3r Co— convertible debentures k 103'A June-Dec . 1981 104% 103% 103% 114% June-Dec __.i 1968j General mortgage 4%s series E 198* Convertible debentures 3'As 1952 General mortgage 3'As series F 1985 Peoples 104 % -- Feb-Aug 1965 D '103 June-Dec First AIncome 4s 119% ■ ' 13'A 105'A 1063A 102 %-102% Electric Co— and and Peoria — 102% 8 102 102% 2 110 % 110% 2 107% 108 105 106'A Co— • „ General 5s General geld series B 1974_ Feb-Aug ' — — ' • — 100'A — 100% 103% 104% 7 103'A 103% 100% 28 100 101 % 24 lOO'A 101 4'As series C 1977 Jan -July and refunding 2%s 1971 refunding 2%s 1967 refunding 2%s 1974First and refunding 2%s 1981 First and refunding 2%s 1978 t.§APhilippine Ry 1st sink fund 4s First and 100 6 99% 100 ACertificates of 108 105'A May-Nov 104'A 14 10 June-Dec 104 104% 2 102% 103'A 103% 103% *102% 104 Feb-Aug *104% 104'A Jan-July 9 9 VO 1964 Feb-Aug 104% 9 deposit Phillips Petroleum 2%s debentures 103% 104'A 104% 102'A 102% May-Nov 1937 108 105'A 105% 103% 104 June-Dec and First 110% 110% Jan-July Philadelphia Co collateral trust 4%s 1961 Philadelphia Electric Co— First 4 100 *107'/# 108 58% 103% 3'2 102'A 102% 102% 12 4s see 102 102% 100% 59'A 100% 103 10 3 3 103 103% 3 106% 106% 111% 112 10 103 8% 103 *99 Feb-Aug 144 ser 62 63 156 61% 65% 68% 67% 69% 132 67% 71% 80% *75 59 guaranteed guaranteed 4s F ser 4s ser 4s ser H guaranteed 4'As 82 13 77% « 79% 83 77% 78 58 — 61 1953 G guaranteed Consolidated June-Dec 9% 8% 101% 1957—May-Nov *103% *111'A 114% Feb-Aug 1963_Feb-Aug guaranteed 4'As ser J 1964^May-Nov Cine Chicago k St Louis RR— Pittsburgh mortgage 5s series A General mortgage 5s series General mortgage B 1970 June-Dec 1975 3%s series E 1975 GO 17 56% 11 Feb-Aug Feb-Aug 58 % 58 'A 3 55 55 4 52% 55 % 102% 103 4 102'A 103% First 99 % mortgage A 98'A 1958 First mortgage 4%s series B 1959 94 95% April-Oct First mortgage 4'As series C 1960 _April-Oc£ 102% 99% 99% 95 % 6 100% 100% *100% *94% May-Nov *94 73'A 56 57 94% 100% „ ' 59% 100% • 101 % 100% 100% 78 Coke k Pittsburgh Steel 1st mortgage 4'As 1958 Pittsburgh & West Virginia Ry— 94 7 11 95 73 74% 77% 3'As debentures Pittsburgh 1965 Youngstown k Ashtabula First general 5s series B 1962 general 5s series C general 4'As series Pittston Co 5'As income Power 1st CG% 294 64% 68 First 46% 45% mortgage 3'As 46% 258 44% 48 First mortgage 3s mortgage 27As 102 86 Providence Terminal D 57 35 3 1956 103'A 105 83 100 86 100% 102% 103 1 101 1023/4 95% "96 % 96% 1 102%'102% 29 94 96% 95% 96% 7 94% 96'A 96 96 1 93 'A 96 Feb-Aug *107% __ 108 108 June-Dec debentures 1984 105 June-Dec 1977 1964 1966 1977 4s 103 111 103% Ry— .* mtge 3'As 1983 103 June-Dec 1974 First 79 101% 111 *100% 102 Jan-July 4'As series 65% 24 - — 103% 104% 10 7 % 104'A 86 April-Oct __ Pittsburgh Consolidation Coal— 66 101% 102 mtge 3'As 104'A May-Nov First May-Nov 1st 1964 Potomac Elec A Chem First —. 99'A — 73%. 73'A 78 6 56% Pittsb *111% April-Oct April-Oct 59 53% 100% 106% 1960 I ser 56 'A *102% 108 Consolidated General Chester— 23 Consolidated Feb-Aug 2007__Jan-July inc 4Vis series A 2022—May page 58% 61% Jan-July Jan-July 1973 59% 62% May-Nov 1954 Pittsburgh Bessemer k Lake Erie 27As 1996_June-Dec Pittsburgh Cincinnati Chic & St Louis Ry— Consolidated 58% Hartford RR— refunding mtge 4s River Gas k First 40% 98% 94'A May-Nov 1973— k 89'A 97% 104%' 105% ~ I960—April-Oct 1983 103'2 103% Jan-July Jan-July 1998 series Ifaven and Pacific Consolidated 2043 First 86'A 93 *102 June-Dec A debentures — 2043 4Vis N 79 22 June-Dec 1979 3'As ——' 100% 101 April-Oct 1997 Mortgage 4s series A West 3'As 1978 3s Oregon-Washington RR 3s series April-Oct Co— 3'is mortgage Lack k 104% 88% 95'A 94% 94% April-Oct 103 % 103 7ii deposit Mortgage 4s Y 66 64 „ 88 93 — Feb-Aug 1987 106 101 - N 1975 1986 78 98 3 4 *100% Hudson River RR— Harlem 2%s A3'/2s convertible inc debs Sept 1 100 York Chicago k St Louis— Refunding mortgage 3'As series E 1980—June-Dec First mortgage 3s series F 1986 April-Oct N Y Connecting RR 2'is series B 1975 April-Oct N Y Dock first gold 4s 1951 Feb-Aug k Electric — New NY 107% 70 'A' . deposit of registered & 1978.. . Michigan Cent collateral gold 3Vis 1998 3Vis *61'A — Mar-Sept April-Oct debentures 80 Feb-Aug 3',is registered 1997 Lake Shore collateral gold 3 Vis 1974—_ debentures *75'A Feb-Aug 65 Jan-July debentures 57% 100 4s & Gas First mortgage First mortgage 92% April-Oct 1956 107 112 109 5 65 Ry— 3'As *105% 107 I952__jan-juiy Jan-July series A 1998 Feb-Aug (Refunding and impt 4 Vis series A 2013_April-Ocfi Refunding and impt 5s series C 2013 April-Oct General Champlaln 3'As Ry— 1956 of Central A 1953 4s 54 68 88 May-Nov 2 %s deposit 5Vis series A Consolidated series gtd Mexico deposit- C series Certificates York 1983 1954__ of ACertificates * & of series 4'is AFirst New first series B Certificates AFirst A Term 1979 72% 58% *107% Feb-Aug 107 107 *104%- 101% *101 "2 102 Jan-July 114 65 *102%'102% 100 % __ 104 Mar-Sept Jan-July 133'A 114 1 107 _April-Oc£ mortgage 2%s 1975 Pacific *106 118% 90 130'A 107 __Jan-July 94 Northeastern RR— Certificates AFirst 1988 1986 1974 A 1975 1978 93% 105% 105% 3s 5s First Paducah k 111 *104% 104% 4s Nor Orleans Texas AF rst May-Nov 88 2 18 O General 101 Vi 90 114 110% 111 65% _Mar-Sept S A First guaranteed 4s 1948 Ohio Edison first mortgage 3s 100% _April-Oci 3Vis debentures 102 103 May-Nov first Refunding and impt 4Vis }New Jane-Dec Light & 3'As 33 7A Mar-Sept gtd Great Orleans & New 1961 ... Telephone RR Power Orleans New B 1974 New Jersey Bell New series 3s Consolidated April-Oct 110% First mortgage 2%s 1979 Feb-Aug (Wisconsin) first mortgage 2%s 1977— _April-Oct First mortgage 3s 1979 _Mar-Sept Northwestern Bell Telephone— 93'A 55% * 90 1974— —Feb-Aug 722 Co— 4 Vis debentures 3s N Tel & mortgage 636 76% 1974—Aprii-Ocl 107% 103% Co— first mortgage 2%s mortgage 2%s 406 *105 June-Dec 106% 107'A 130% 131% _Quar-Aug First 291 *78% 94% 103% ~6 *107 _Quar-Feb 2047 General Feb-Aug 1970__June-Dec 1970 Products 2047 627 Louis— B 23/4S Products 102% — 114 "" _Quar-Jan Jan 100% *102 98% 90 Refunding and improve 4Vis ser A 2047 —Jan-July Refunding and improve 5s series C 2047 __Jan-July Refunding and improve 5s series D 2047 __Jan-July 29% 58% -April-Oct 107 39 107'A 107'A 130% _Quar-Jaw 1997 3s 93% 63'A N Nashville ser 1997 registered General 99% 100 % *103% 55 Vi *106 *105'A 107'A 15 74 103 Pacific Ry— 100% 101% 101'A 100 *72 103 103 Mar-Sept A 1974—Mar-Sept 216 72% 101'A 37'A 82'A 72'A 137 993B 100 100 1955_May-No» 1955 May-Noy 1978 \ 99:% 100% 100% Mar-Sept Feb-Aug 1958—May-Noy debentures Morris k Essex first guaranteed 3Vis 2U00_June-Dec Construction mortgage 5s series A Construction 86% 79% 47'A 15 57% 81 • 42% 106% 103% 84% 1966 3s 103 91 Vi : 10 17, 101 13 1991 series 3'As & 87 55% 52% and AFirst 102 109% 106% __ 1 86% Mar-Sept refunding 5s series F 1977—Mar-Sept refunding 5s series G 1978—May-Nov §AConvertible gold 5Vis series A 1949—May-NoT AFirst AFirst 106% 85'A Jan-July 106% — 61 103 ^Missouri Pacific RR Co— AFirst — April-Oct Missouri-Kansas-Texas RR— 40-year 85 109 101 Jan-July Jan-July inc 101% - *101 Jan-July Jan *.«• 105% 25 1974 5s First A Kansas & Texas first 4s Prior 1 3 Marie— series - 13 47% *17'A *13'A mtge 5s convertible inc 2014—April-Oct first gold 4s 1996—April-Oct and Northern Oklahoma 89- Aprll-Oct 1940 1967: 107 % „ 109% 109'A Mar-Sept ext inc mortgage % 44 «/8 ( Feb-Aug 101% . __ *81 % . 109 Mar-Sept debentures J Mining Paul Missouri 1969 107% 101% 101% Refunding and impt 4%s series C 1979—Jon-July Michigan Cons Gas first mtge 3%s 1969__3for-Sep» — 59 'A -- *107% 108% Mar-Sept 1952 3% 57 __ 105% 106'A Feb-Aug Western Ry Central tOgdensburg k Lake Aprll-Oct 105% 1 „ May-Nov Central— Lans 59 9% 3% 102'A' 102% 55 Michigan Bell Telephone Co— Michigan 5 16 High 89% 55 101 June-Dec 2%s 28 102'/« 54% Jan-July first Metropolitan Edison 76 102 "A 92 % Sugar 4s sinking fund Feb 1 1957—May-Noy RR (Southern Lines) 4s 1959 Mag-Not Dept Stores 2%s debentures 1972 Mead 2 89% Manati Manila May Jan-July 4Vis 1937 gold 5s 1940 First (R 8 3'A *98% Jan-Jufy 1937 refunding 5s AGeneral Norfolk 102 % , Macy 130 8% 3% 59 Refunding mortgage 3%s series E 1978—Feb-Aug Refunding mortgage 3s series F 1981 Jan-July Niagara Falls Power 3Vis 1966 Mar-Sept Norfolk Southern Ry Co— Northern 1979—May-No® Low 102% 102% Jan-July — 100% 103 % Mav-Nor mtge 2%s 1977— 2%s Jan. 1 No. 8 April-Oct Jan-July 1993 Range Since Sold 8 May-Novr/ Prior — — Div 4s 1st gtd 4s Gas first gold 5s 1943 Telephone 2%s series D 1982 *60 Teh-Aua RR— Elec consol Y 105 *102'A June-Dec April-Oct Cincinnati Gas & 1st Bonds High 122% 105% 105% *122 105 Vi Friday's 3% Mar-Sept 1975 first 3Vis 1963 Susquehanna & Western RR— Y 70 Mar-Sept Knox 1st mtge 2%s Electric k 72% 41'A refund mtge 3%s ser F 2003__Apn't-Oct refund mtge 27/#s ser G 2003__Aprit-Oct First and refund mtge 3%s ser H 2003—Aprtt-Oct St Louis Div second gold 3s 1980 Atl Putnam 68 59'A and Louisville 1992—Mar-Sept Steam Corp 54% May or Bid k Asked ' 70 64 19b2____May-jVoc 1951 1963 Nashviiie & State 64'/2 F'h-Aug 1952 5s 4s June §ATerminal Feb-Aug A A Y N Aprll-Oct Week's Range Last Sale Price June-Dec Light Y Northern 1979 & N 55 >/2 May-Nor 2003 Power 85% 75% — Y West ref 1955 N 101 85 ' and First 77'A 100% ' Ontario & AGeneral 4s § ASecond gold May-Not interest debentures Co debentures Louisv.he 4s general Period Low 94% bonds— 2003 Lexington k Eastern Rv first 5s Liggett k Myers Tobacco 5s 1951 Miami - - 73 fixed Valley Terminal Ry— First mortgage 5s extended to Lorillard • 69% Jkn-July 2003 interest Interest High 94 1 87% *76 Feb-Aug interest 2003 Mag-Not contingent interest 2003 May 4Vis contingent interest 2003 May F Low 2 100% 100% Lehigh Littie 94% *82'A 4s Series BONDS New York Stock Exchange 1 . tN 1984 mortgage interest Series B Jan No. RR— 4s Range Since Sold uj~ extended consolidated Series ___ Railway— mortgage Lehigh Valley Bonds High 94% Feb-Aug ;_Feb-Aug Feb-Aug 27 Friday Friday's Bid & Asked 1970_Aprtl-Oc* 1974 itnn 5s JANUARY N 1964 Lehigh ENDED tAN Y A 1954 1st WEEK Week's Range Last Sale Price Low Lehigh Coal & Navigation Co— Sinking fund mortgage 3'As ser Lehigh Valley Coal Co FOR : Jaw-July 100'A 100% Jan-July Feb-Aug *107 Jaw-July 105 *105 105% . 100% 105 105 105 __ 105 May-Nov Mar-Sept 99% 105 *98% 103 Volume Number 4877 171 THE FOR WEEK Friday , BO N D S New York Stock Interest Sale Price 3s Service Electric debentures First & Bonds Bid & Asked Low Public Sold High May-Noy and refunding mortgage First and First and refunding mortgage 5s 2037 refunding mortgage 8s 2037 First 105'A and 3'As 1968_Jan-Jul2/ 105% 105 % Low *151% June-Dec ' refunding mortgage 3s 1972 May-Nov First and refunding njortgage 2%s 1979_Jane-Dec 5 ' 104% 106% RR 1974 3%s Orleans New of June-Dec 106% 106%. 26 *104% 105% 106'A 106% 102% | 1 Tri-Continental Oats 2%s debentures 1964. 102% 102% 102% — 1 Union Electric debentures Gas Electric & General General mortgage t A Rut-Canadian 4s fSARutland 1977 D Series 3'4s stamped 4'As RR series 33As series H 3'As series I mortgage mortgage General May-Nov April-Ocf 94 94 95% 20 *104% 105% — 94" 105 — Union 95 % Mar-Sepf J 1969 106% 105% Second St St gold Louis 6s Rocky 1st gold — *8% — -- P & mortgage 4s ASecond 6s 1996 5s series mtge inc 106% 9 3 8 9 103% 104 65 25 65 General Paul St Paul and & ref Union first — 93 94% 117 S3 94% 62% 64 211 62 'A 66'A Depot 3'/«s B 1971 .April-Oct Union 79% 2'As debentures 1971 April-Oct X SAStlesian-Amer Corp coll trust 7s 1941-Feb-Aup Shelly OH 2%s debentures 1965 Jan-July Socony-Vacuum Oil 2'As 1976 South & North Southern 3s Bell Ala RR 99 5s debentures 1985 debentures 1987 Jan-July Indiana Southern Ry 23As 1994 4'As (Oregon Gold 4'As 1969 Gold 4'As Lines) Southern Pacific First mortgage 2%s First mortgage 2'4s Dlv first Bell 1986 series F 1996—__Jan-July G 1961 Jan-July — gold gold 5s 2%s Standard Oil <N _ Oil 2%s debentures 1 95% 118 96% 8 103% 106 105 % 109 RR Refund Assn and of 40 104 104'A income-series 4s 3'As RR first series B 76 75% 75'A It, 76 75'A 73 "100% 101 % 100% 101 % 102% 102% 102% 102%' 91 90 90 (subordinated) Penn Power 3'As Electric 1974 first Shore series 3'As 103 VB 104% and 105% 3'As series C *106'A 106'A Wilson & Co first mortgage 106 Winston-Salem S 102% 24 102 4 40 § A First : 104 % 104% 98% 103 12 55% 104 % 9.) 103'% 104'A 101% 102% 100 100 56% 58 104 Wisconsin 102% 5 100 100 aV 10 100 100% 50 99% 98 85% 102% 102'A 23 102% 103 %' 107 107% 84 108-% 109 %' *__ 87 % 101% 12 101 87 % Mar-Sept ( June-Dec 88 102% 1.03 Mar-Sept Jan-July —-April-Oct 1970——; 1958 3s 107% Jan-July 1973 First ■ 25 101% 102% 102% 114'A 114% 104% 119% first 4s .... "40 % 74 43 -V 77" 41 54 74 % 74 74'A 44% _Jau-July - _-r Mar-Sept 3'As 100% 100 2 100% 100'A 100'A June-Dec 1971 1979 Service * A.';"- 107 -4'- — 104% 119% *114% Jan-July 1936 103 103 102 Jan-July May-Nov 1976. 88% *102% 103 . 2%s 100% *102'A 103% Jan-July j, % deposit. Power 2%s Public Wisconsin 101% 1 of mortgage __ — 1960 4s div and term Du Electric 59 102 * general 4s 1949 of deposit ACertificates 98% 103% 61% % 57'A 100'A Certificates J A Su & 105 97%, 27 37 A 45 106'/a 57 60 ^Wisconsin Central Ry— B first 105 17 59 104'A 106 108% 2 106 104% 10 106 59%- Mar-Sept 3%s series D 1967 101% 105% 106 1 104% 104% May-Nop June-Dec 1950 4'As debentures convertible First mortgage 106 104% %j 101 103 102% 105% 105% 106 52 50'n 101 2 Co— estate real 4 "102% 103% Jan-July 1966 I 50% 101 101 106'A' 103%-, 8 50'A 50 'A guaranteed 2361 4s 105%, 101% 101% . 91 % 73 'A 2 76 April April April A Jan ref . *99% Light & Power 2%s 1976_Jan-July Yonkers Electric *119% 105 M 3As series B M 3%s series C l990_April-Oct first gold M 5s 99% E ser delivery sale not Included in tne jifu range, d Ex-interest. year's range n Under-the-rtil# sale not Included in the ye»^' the year's range, y Ex-coupon. Deferred 32 104 105 Included 105% 106'A 23 105% 105% not included ^Companies reported the Bankruptcy Act. in the in impaired maturity. by 130 130'A G 123 % 130 % 105 105% 19 103% 105% ABonds 100 105'A 1985-Jan-July 101 % 13 101% 100 1 100% 101 Odd-lot sale not rosin.ssw . mm ... under Section tt being in bankruptcy, recoitcrshlp, as • ranfC. ' . or reorganised assumed by such companies •Friday's bid and asked prices; no sales being transacted during current 101% 101% 100 June-Dec 2000. 3%.s & 104%, 105 -- 1970. April-Oct refund refund __ § Negotiability refund and and 104'A 104*4 101% 104% 104'A -- May-Nov and Pacific 101 104 'A 1 __ *97 % 101% April-Oct First & 1995 Mdy-Nov mtge 3'As ser C 1973.April-Oct 13 .45 97% Jan-July First General series B 100% St Louis— impt M 4s series C 2019 Reiund and impt 2%s series D 1985 Texas Corp 3s debentures 1965.— Texas & New Orleans RR— Texas 88% 4 ref and Wheeling Steel T Terminal 7 Wheeling & Lake Erie RR 2%s A 1992 96 103% 103% '• 103% 90'A Baking Co— 2.65s 120% 92% 106 *— 93 103'.:, 105'A *95 Jan-July 91'A gold 5s 1951 30-year 5s 1960 Westingholise Electric Corp— 2%s debentures 1971 90% 14 107 102% 102% Jan-July 103'A 118% 100'A 100% Ry 3s Funding 95% 59 104% 44% May-Nou 89% 1 12 *106'A __ 1971—May-Nov 94% 20 94% 101% 101% 102% May-Nov 1973 96% 106 April-Oct __ 9 104 101% Jan-July 1974 89'A 92% Jan-July *104 1979—June-Dec 1958 Western Union Telegraph — 5 106 Corp 2%s debentures 1966..—Jan-July 2%s debentures 1972.. Jan-July Co 97 ' ■ „ 94% 96 104 102% 114% 103% 115% 116'A 100'A 5s Jan-July 4s registered 2361 Jan-July Western Maryland first mortgage 4s 1952_April-Oct Western Pacific 4'As income A Jan 2014— May 98% 92% — 119% 119% _ 2 45 *105% 106'A 116'A May-Now West 103% 95 85 89% 93% April-Oct April-Oct 1,985 —J— debentures Ji debentures 100% 178 94% ■ ' Jan-July debs ' 89'A April-Oct 1996 1983 — ___Jan-July 1951 4s — 106 103% 103'A 90'A Penn West 83 80 103 *103 April California 2%s debs 1966—Feb-Aug Standard Oil of 2188 5 95 E Tel debentures k 83 100% 102% (ASpokane Internat first gold 4'As 2013 Swift 105 97% series first Div *102 Co- Power 25-year series 91 *102 May-Nov 103 % West 101% 93% Devel and general 6s series A 1956. Devel and general 6'As series A 1956 Louis 1955—Feb-Aug A 1957 1970——April-Oct gtd gold 3'As 2000—Feb-Awp 2%s series A 1970—Feb-Aug Westchester Ltg 5s stamped gtd 1950 June- Dec General mortgage 3'As 1967 Jan-July General mortgage 3s guaranteed 1979—May-Nov 107 106% 104 95% Ry first consol gold 5s 1994 Devel and general 4s series A 1956 Memphis B Washington Terminal — -- 1 101% 94% ' 98 % 90 April-Oct mortgage Warren 99 '/a 1 96% Southern Southwestern series 4s refund mtge 27As ser G 5'As debentures 60 Co— mortgage 27/ss Sunray — Ward 102% 98% , 6 100% • 98% *91 1971 Walker (Hiram) G & W 2%s debs 1966—-May-Now Walworth Co conv debentures 3'As 1976—May-Nov 99% 102% 104 83 mtge 3%s ser A 1975_June-Dec RR First 2 %s First 98% 99 14 — May-Nov t 97 % 100'A *98 1981— mtge income 4'As series B Jan 1991 Gen 80 59 iMar-Sept 1077 96% W 1 29 99% __May-Nov A 1981 San Fran Term 1st 3 'As 75% 101% 101% -- 97% 102% 97 »4 - 104 Jan-July & consolidated First lien Pacific Co— First St 101'A gtd fund series Electric First 101% 93'A "'•V 106'A 106% Feb-Aug 2?*s Southern April-Oct Mar-Sept 1959_ Virginia & Southwest first gtd 5s 2003 119 100'A 255 99% ♦123'A Jan-July 2 As 25 __ 98% April-Oct Telegraph Co— 197F_. " debentures __ *54 — 1976 104% *102% 103 1963 96 7/a 96'A 102% „ — 98 % 99 __ *102% 106 — 80 ♦102% June-Dec gtd Telephone '• debentures 78 __ 21 96'A April-Oct 1966 Wabash RR Co— *97% June-Dec Oil 105 96% 1991. Mar-Sept _May-Nov 2%s 101 105'A 103% __ 100% 100% „ 103 % 103% 4 1967 consol Gen mtge i 1974 99% 51 __ ♦i26y« — 118% __ *102% — 1989-May-Nov mortgage debentures 100% 99 105% 106 ♦107% 4s series A 1996 Jan-July mtge 4'/2s series A Jan 2016. Jan-July Seagram (Jos E.) & Sons 2'As 1966——. June-Dec 3s 119 *__ 106 - A General Shell 119 1989_Jaii-July l968_June-Dec Scioto V & North Eastern first gtd 4s Seaboard Air Line RR Co-— First 119 103% 104% 102% 103% 103 % Mar-Sept and refund mtge 3s scries F 1978—Mar-Sept convertible debentures 1963 April-Oct 3'As -- 63% 1990—Jan-July gold 4s cons 110'A 103 104% and refund mtge 2%s ser E 1975 First First -- 93% May-Nov gold 5s series A Duluth RR First and Second 4s inc bond certificates Nov St llO'/a *103 *104'/« 105 102% 102% 2'As series C America debentures sinking Virginia 71 __ *100 — 65 Jan-July 1989 110'A 110'/a 110% '/g 104 103%, 1 *66 — of Pictures 3%s Virginian bond certificates 4s 101 % 10% Louis-Southwestern Ry— First 95% 101% 1970— Jane-Dec debs 2%s 106% 8% _ 2022—May ; Jan A 26% *99'A 101'A 1971— _May-Nov 1976 debentures Consol 1955-Jan-July 1997-- series 57 'A 22':, 92 — Co— A 4'As 28 RR— Rubber 2%s Vandalla . ..Jan-July April-Oct stamped S Universal 2 9% 9 Mar-Sept 1996 Mt Louis-San Francisco Ry 1st St Adir & 431 95% ._Feb-Aug California of 3%s Missouri Reiunding mortgage U 106% 106% — Jan-July : 267 26% . debentures 2%s Jan-July 1971 57'A 24'A __ *106'A __ Mar-Sept 1941 54 »A 9 5'4 57'A and coll trust 2%s 1975_, .April-Oct 1968— 1 .May-Nov United Biscuit Co *120% __ 1967—Mar-Sepf 1967—Mar-Sepf 1949 stamped Saguenay Power 3s series A Lawrence Pacific 2%s S St Oil Corp— 4'As mortgage Union of Co First mortgage R General 52 H igh — — 3s Rochester Low U .Jan-July Reading Co first & ref 3'As series D 1955 Reynolds (R J) Tobacco 3s debs 1973 .Ian. I No. 26 1961-.—Mar-Sept debs 27/»s Corp Range Since Sold 95'/4 Ave Ry first refunding 4s 1960 Jan-July Adjustment income 5s Jan I960— April-Oct Tol & Ohio Cent ref and impt 3%s 1960—June-Dec A Q Quaker "103'A j: Third 230 Bonds High Pacific— Pacific-Missouri Term 105% 109 __ *221 Friday's Bid & Asked High 109 *108% 109% ' T— Jan-July or Sale Price Low Texas 1963 Last Period York Stock Exchange New Jan. 1 No. Interest BONDS Range Since Co— Gas Week's Range Friday Friday's or 23 ENDED JANUARY 27 Week's Range Last Period Exchange (483) RECORD NEW YORK BOND RANGE CHRONICLE FINANCIAL & COMMERCIAL securities or week. flat. selling NEW YORK CURB EXCHANGE WEEKLY AND RECORD YEARLY In the following extensive list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning on Saturday. Jan. 21 ending the current Friday, Jan. 27. It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether stock ii bond, in which any dealings have occurred during the current year. and or RANGE Week's K:t ngc Shares Friday Par ACF-Brill Motors Acme Aluminum warrants. Hat Aero Stores Inc _ Manufacturing Associates Inc (N Ji ... Alaska - _ Altes Brewing Co. Altofer Bros Aluminum S3.75 cumulative Aluminum Beverage common., —1 Book 1 2 Va 1-% 2% 2,700 1% Jan 2% Jan American . 7% 11% 8 7 7!! 83 99% 4% Class 11% 300 8 700 84% 99% 100 4% 11 200 8 7% 7% GO 4'A Jan 12 Jan American 8 Jan 4% 't Jan Jan 99 'A Jan 8% 84% 100 Jan S2 common 16*4 page 27 Power & . _ _ General 4% Jan American Laundry Jan 4 Jan American Manufacturing Co 16 "2 Jan 17 Jan American Maracaibo Co Rubber .100 100% $ 25% £ 5% 400 5% Jan G % Jan American Metal Products 0 6 500 6 Jan 6 Jan American Meter Co American Natural Jan 93% 100% 1,100 96'A Jan 100% Jan 25 "4 400 24'A Jan 24% 7% <8% CO 7 49 % 2G Jan 50 6% Jan 8 % Jan 4,100 47% Jan 49 '4 Jan 6%. Class E American Potash _ 20 . Jan 8% Jan 9'/a 3,000 Jan Jan 1% 81 9% Jan Jan ... Jan j.2 common- » ._ Gas .. _ 6% Co pld- — Chem class A. . Republics. __ _ _ 2% Jan 600 2 Jan 35'A Jan 25 2 % 40 39 Jan 40 Jan 100 10% Jan 13% Jan 12% 12% 12% 20'% 20% 700 19% Jan 21% 17 16'A 17% 2,200 16% Jan 18% '8 5.600 33 4 Jan 4% 14% 14:% 700 13% Jan 48% 48 48% 700 47 Jan 37 36'A 37 75 34% Jan 26% 27 150 3% • « „ _ 1 2 40 3% 3 Jan Jan J a n 15% J a n 49 Jan 25 —25 & Jan 114%; Jan. 20%, , 1 1— Jan 114 34% 2% 40 ' 4 _ 81 — __ corn- —25 preferred- American Jan — 25 Co 200 54 % 1% Nigh 14% Jan 9 9 1 Machine. 16% Jan Jan w, __ 1 . Jan 51 % 13% 3,300 — _10c Corp common convertible preferred convertible preferred 4 5,500 900 I'D 100 ... _ $2.50 54% 13% " 1 16% 52%; Low 13% % 13% __ Electric— & Hard Range Since January t High Light— 3'A 4,000 Low 1 . . 5'% 54 $ Gas . _ preferred American Jan Jan Co .. pfd conv Car Co class A. American __ . B_ Jan 80 175 __ .1 common. . 5% Cities • Shares .100 American ... preferred American Jan ■i _ Manufacturing see Jan 5% -5 . common. For footnotes 23 % Filter Jan 3 . Industries Aluminium Ltd Jan Air 4% 50 . common of America Aluminum Goods Bantam 1 common Co American 600 -__1 (Mich) Amer Jan 4% preferred—_ .100 common Products Jan 4 4','4 —— for Week 15 1 %• Jan 4/2 Allied International Investing Corp. —1 Allied 900 . common. ___5 Great Southern... Fisher 3% . Airlines Inc Alio# A* 3%, Jan 3 21 3% Range «i Pi ices Par High * Air-Way Electric Appliance Alabama Power 4.20% Low High 1 — Supply Manufacturing Alabama 1 —10 Ainsworth Last l'/a . Agnew Surpass Shoe Stores Air Low Sales Week's Friday Sale Price STOCKS New York Curb Exchange Range Since January 1 _ Alloys Acme Wire Co common.. Adam 27 for Week of Trices ENDED JANUARY Sales Last Sale Frice STOCKS New York Curb Exchange FOR WEEK 10 " 37 Jan 29% Ja n Jan Jan 26% 26% 27 1,300 29 29% 27% 3f) 8,400 33% 24 RANGE EXCHANGE CURB YORK NEW FOR WEEK Monday, January 30, 1950 CHRONICLE & FINANCIAL COMMERCIAL THE (484) ENDED JANUARY 27 ; Week's Sales yV Last Range for Week Exchange Sale Price of Prices Shares Friday Friday Week's Sales Last STOCKS Range for Week of Prices Shares Sale Price New York Curb Exchange American Amer S,eal-Kap series $6 American American Anchor preferred Thread 5% Products Angerman Co Inc Anglo-Iranian Oil pfd_ — Natural Common class Equipment Oil Ashland $1.20 Aspinook American Atlas rets dep 9!/8 5% Jan 6% 6% Jan 7% Jan Voting Jan Jan 7% Jan 6% Jan Jan 700 3% Jan 3% 11,400 10'A Jan 11% Jan 10'A Jan 12 Jan Clinchfield Coal t Jan Jan 300 8% Jan 11 % Jan 5,000 21% Jan 22% Jan Jan 24% Jan Jan 9% Jan 24 1,200 9 % 1,300 Line 5'A 16% 1 16% — 7% common——5 —— .—25 Ayrshire Collieries Corp common 3 5% 8V2 8% 7% 20% 12 .— — , 514 1714 514 5% Products preferred 46% — .—.— 12% ]{j Jan Jan 500 4 41% Jan 67%. Jan 1,300 2% Jan 3% Jan 77A 20% 47'A Jan 44 250 Jan 4 5% Jan 3,900 5% Jan 2,900 15% Jan 600 514 Jan 6 Jan 600 8 Jan 8% Jan 2,500 7% Jan 9 150 20'A Jan 22 700 11% Jan 12% Co 52% 54 % —* —— 54% 2,500 Baldwin Co Rubber —1 10 common American shares Jan Tr Lt % "4% ~4% 6% 4 8,000 6% 300 Inc common — Blauner's Blue common Ridge Corp (H Bohack common— 5%% & (S) Co C) ,—, ,1 Corp Bridgeport common Light Gas * 1% 400 1% Jan 34% 600 34% Jan 7% Jan Class A Co„ Oil British-American British Amer Celanese Pipe Hill Bunker Burma Line_ 9% 1,100 1,125 7% 55 Ring Corp Amer dep rcts___ Biscuit Corp——— 9% 56% 84 Products Electric 19 Jan 22'A 5 Jan 5% Jan 17% Jan 5 Jan 6% Jan 24 Jan 17 Jan 5% 400 17 Va 17% 1,700 6% 200 16% 75 24 50 17 22% 22% 100 1% 300 , 925 1% Jan. Jan 24 17% Jan 33 250 24% Jan 33% Jan 22% Jan 23% Jan s* * Jan 8% Jan 8'A Jan Jan 1% Jan 23% Jan 24% Jan Jan 2% Jan 1,400 11% Jan 5% 5% 2,100 5% Jan 5% Jan Jan 16'A 16 16 % 1,300 14% Jan 17% 18 y2 18% 900 17% Jan 19 Va Jan 18% 6 100 6% Jan 12 11% 12 1,200 11% Jan 12 15% 15% 16% 6 Jan 6 1,200 15 % Jan 8% 500 7% Jan % 16 43,200 ,7,v Jan 3% 4% 57,200 3% Jan 8 — common—50c preferred—£1 Sugar Estate— 1 & Edmonton Corp Ltd * Calamba Calgary 3% Jan 9, iff 4% Jan Jan Jan Jan 1 Power——- Electric California Jan 4% * Canada Cement Co Ltd common * 6%% preference —20 Canadian Canners Ltd common— 4 Convertible preferred—; * Canadian Industrial Alcohol— Class A voting———:——,—.—* Bread Ltd— Co Jan 1% 4'A Jan 5 Jan 7'A Jan 8 Jan 8% Jan 22 % Jan 23% Jan 8 Va 8% 22% 2,500 6% . I ,—— 1 Capital City Products common——.5 Carey Baxter & Kennedy Inc— 1 —;—2.50 — —r4„ Carolina Power <fe Light $5 pfd 4 Carr-Consolidated Biscuit Co..——_1 Co & Carman Carnation rets dep Amer (J Products Castle (A M) Catalin Corp A Co W.) Casco common common— & Co__ — ^ , of America—— preferred __ Products.— Central Ohio Steel 1 —4 10 1 100 1 pfd-——100 ^Central States Elec 6% preferred—100 I'.'c preferred —100 Conv preferred opt div series——100 Conv pfd opt div series 1929 :_100 Century Electric Co common 10 Central Power 300 2% 6,700 19% 2% 19 Jan 8 % Jan Jan 8% Jan 350 Jan 2% Jan 10 10% 71 10 76% , Jan 38 600 10% Jan 76% Jail, 9% Jan 69 Va Jan 50 113% Jan 116 Jan 190 . 12,700 104% Jan 108 Jan 3,000 12% Jan 13% 4% 75% Jan 4% Jan' Jan 88% JaiV 113% 116 105 107 13 13% 13% 86 16% ~5% 5% Jan 27/B Jan 3 Jan ■' 1% 16% . Jan 1% Jan 13% Jan 14% Jan 30 Jan 32 Jan l'ff Jan 'A Jan 10% Jan 11% Jan 500 6% Jan 6% Jan 400 16% Jan 17% Jan, 1,000 5% Jan 6% Jan, 200 34% Jan 37% 10,400 31 Va 6 36% (ord 37% 31 32 1 1 2% 3 3 reg>__£l , 5 ; 31 Va 1 !_6 2% 1 6% Jan Jan Jan 3 Jan 32' Jan 1,300 1 Jan' 1 % Jan 1,100 Va 2% Jan 3 Jan 5% Jan 7 H Jan; 6y2 6% 400 5% G'/a 600 4 25c —4 10 3'A Jan 1 5% 63 Jan 11% 2% 4,300 Jail 11% 5 iMd) Jan 3% Jan 2% Jan 2% 2% 100 2% Jan 50% 50% 20 50% Jan 6.900 18% Jan 2% Jan 01 J a 11 21% Jaa 5 21 2C% 21% 4 Sugar common 12 12 12 400 10% Jan 12% Jan 14 14% 300 13% Jan 14% Jan 35 2.50 5 D Mines Day 1 2% slOc .....35 50c Inc Dayton Rubber Co class A__ 65 19% Jan 275 Jan Jan 63 Jan 314 ~33A 3% 36% Jail 7 200 6% Jan x71A Jan, 2% 2,700 1% Jan 2% 26'A 70 x25% Jan 8 700 7% Jan £6 % "<8 % 11 500 10% Jan 26% 7% Dejay Stores common —— Dennison Mfg class A common———5 - 10% 103A debenture Iron Foundry Detroit Gray I Detroit 10 American 9'A 1,400 1% Jan 2% Jan 22% Jail 23% Jan Jan 11% Jan 1% Jan 14% Jan Jan 23% — 23% 100 1% 100 13% i4ya 3.000 ♦ dep rets ord reg 4s Co 1 Dominion Bridge Co Dominion Steel A_._ Ltd 33A Co Ltd Dominion Tar & Chemical Dominion Textile Co Ltd common 4.200 38 y2 125 17% 18'A 1,400 3% 4 Jan 3% 37 Jan 38'A Jan 16% Jan 18% Jan Jan 23% Jan 9% 3% ~93A 9% 500 73% 225 87% 87 87% 150 2% 2% 1,400 2% Jan 2% 13% 13% 13'A 100 13% Jan 14% Jan 4 Vr 4 Va 300 3% Jan 4% Jan 16% 600 3 'A 4 3% 1.800 09 % 7J % 595 10 Jan 9% Jan 69 Jan 73 'A Jan 26% _4 Power Co__ Jan 12% 72 'A "93A 9 Draper Corp Driver Harris Co 1% Jan 23% 17% 3% 37 0 25 B Coal class & 13% 1 common Domestic Credit Corp class Duke Jan 100 2% Ltd— Co Dobeckmun Jam Jaii 148 11 1% 1% lo class B Jan Jan 10 10 2 .1 Products.-. Steel & Raynolds Distillers Jan Jans 11% Jan 14b —_——100 Detroit Gasket & Manufacturing i__ 1 87c Jan 6% 2 2.50 Jan 29 Jan 85 Jan 87% Jan Rubber Co Ltd— Dunlop £l dep rets ord reg (The) Co Hosiery class B common-—9 Test 1 - 1 Corp common 16 1* Texas Sulphur— Eastern Gas & Fuel Assn 6 7c _* —100 common, preferred prior 4 % % 4,800 3% 71% 16 Jan Jan Jan 17 3'% Jan 3; Jan Jan 71' Jan Jan 67 67 %• 29 67 Jan ^29 Jan 30% Jan 2,600 3 Jan 4 Jan Jan 75 Jan 64 Jan 67'A Jan 2,400 18% Jan 20% Jan Jan 68 % 29 700 75 68 70% 80 100 ——25 States Corp..——; 4 30 preferred Iron. 3% —* 4 3% 3% 64 19 20 Va 25 €4 % shares of beneficial int—1 20 Va of beneficial int 1 Easy Washing Machine class B—.—9 79'A 79 % 125 77% Jan 79% 10% 10 % 10% 700 874 Jan 10% Jan 18 7/s 18% 19% 29,100 17% Jan 19% Jan 1 14% 133A 14'A 3,200 11% Jan 14% Jan 100 1 Jan 105% J a iv 5% Jan x6% Jam Jan 14 Jan $5 pfd shares Jan Jan 3 Jan 9 Jan 3'A Jan Empire Millwork Corp Emsco Derrick & Equipment— Jan 3% $3 _10c Jan Corp common convertible preferred Esquire Inc Eureka -: __s Corp Ltd ...—___1 1% ——— 180 6 Va 700 13% 400 1% 6.400 1 % 150 44 43 44 500 5% ——1 z———— Eureka Pipe Line-common 105% 5% 13% 104 5 Equity Jan 114% 5% pfd Empire District Electric Jan 65 MM* preference Chamberlin Corp Co of — 4% America 10 common footnote* set page 27 % 1 10 % iff 104 5% 13 1% 1% Jan 42 5'A Jan Jan Jam 44 6 Jan: Jan i'ff Jan 15 Jan •15% Jan 22% Jan 4% Jan 5% Jan: 10% Jan 12% Jap Jan* 76 Jan 1,500 100 Jan i\; 15 15 23% 25% 3.000 5 'A 5% 11,500 10,300 72 J an 25% Jan 4% 100 4% Jan 5% 26% 350 23% Jan 26'A 900 4% Jan 7% Jan; Jan. Fansteel Fire ■ Jan Jan 53A 6 81% 10% 83 180 81% Jan 83% 10 10'A 300 9% Jan 10% Jan, 94 Jan 95 Jan 14% Jan 18% Jan 94 16 15 Va 94 16JA 50 1,250 159 Jan Camera & Instrument.: Engine 149 151 y2 15 15% 15 15% 15% Metallurgical.: Association (Phila) First York $2 1,220 142% Jan 50 14'A Jan 16% Jan 5c 275 14'A Jan 17'A Jan Ford 7 'A 151 Jan 7% Jan & Airplane. Corp common— dividend cumulative preferred (M H) Fishman to $1 Motor Motor 24 11%. ny« 12'A 73 72 73 110 10c 1 3 3 1,600 32 25 4 1,300 - 4% 4% 400 7% 7 y2 7»A 200 2% 32 deposit rets ord reg.f—£1 of Canada—I Jan 38% Jan Class A non-voting 4 Jan 4% Jan Class B voting 3% 4 21'A 4 7% Jan 7% Jan. Jan 9% Jan Ford Jan Jan 32 Co Ltd— 3% 8% 2% Jan 26 J 3% Jan Janj. 32 1 7 4% 5% Co— Stores American Ford I _1 4 10 Fairchild Fairchild "5% 10 ——-.1 —2.50 common 6 5% 4% ..2 Inc Aircraft Co For 2% 17 8% Light 4% & Investors Convertible Charis 33% 37 Jan, Electric Eond & Share common—5 7% 7% 7% — Cessna Jail 575 35% 6% Co common Common 73A Power Co— Maine Century 6% 50 series A__ $6 preferred series B Eastern Sugar Associates— _—,—£1 2s 6d ord_ ord dep rets B 3.50% Jan 116 _1 $7 preferred common Amer Central 6'A Jan Ltd— Carreras Carter 700 6% Davenport Hosiery Mills Davidson-Brothers Inc common Eastern —— Co 6% 6 'A Electrographic Corp common .100 Marconi Jan 1 Internat'l "A" partic Eastern Malleable —; preferred 7 7o 44% Jan 6 ,V. 8,500 4,000 ^ B Canadian Jan Jan 300 5 6% non-voting_ :——— Canadian Industries Ltd— Class 39% Jan 22 % Insurance—.——_—-5 Camden Fire Canada 3% 1% 8% 5,000 1,100 American 1,600 4'A 3% 5 6% 44% Jan 1% 12% 12 11% dep rets 5% 42 % 11% Jan 30 Wireless— & i« ; Duro American Jan 11'/» . Lighting Inc common Manufacturing Co (Mo) Duval Cables ■32 35% Durham Cable 29,800 Jan 22 5 %. 4% 5% iff Jan Jan 81% 11% 12%c Jan 1-32 6% Duraloy Burry 4% 32 Jan Jan 81 'A 2 l'A 24 —2.50 1 Co Jan 51 40 2% 1% 2,400 11 Va common. Petroleum Atlantic Cuban Devoe * ——— Sullivan-- & Piston Burd Jan Jan reg 5 Va Jan 4% as&w:' 10s British Columbia Power class A * Class B * Brown Forman Distillers 1 4% cumulative junior preferred—10 Brown Rubber Co common 1 Bruce (E L) Co common _2.50 Bruck Mills Ltd class B ———* Buckeye ' Jan 5'A 43 Va 4 receipts dep Drug Curtis 13 '4 814 —; Jan Jan Ltd— Cork Curtis Jan Ltd— dep rets ord Amer Jan 8% Jan Jan £1 £1 dep rets ord bearer dep rets ord reg Amer British 16% 3% — - * Co Jan 12% Tobacco— American 5% ' Jan 50 17 17 Jan Jan 4% Jan 8 59% 7,700 24 ~ Jan 14 Jan 4,500 $6 preferred Jan 4 * : — Jan Jan 2,300 i« Crystal Oil Refining common.-- Jan 13 5% Manufacturing Co common——* Brillo 2% Jan 35% 52 5% 1 * : 29% 6% iV Motors Inc— Milner & Co Crosley Crown Sl% 17% Light & Power Traction Brazilian — Petroleum Cr-t/wn 8% ———25 * Jan 27 "A class A__ Petroleum Creole Jan 54 21% Jail' j.5c Reynolds common. & Crowley 3% 55 7% 4 Crown Cent 12% ~4 Jan Jan 4% 4 Cuban Tobacco common 1 : 2% 6% 4% —1 convertible preferred 15 common Co———— Scrymser Bourjois Inc Borne, Breeze Co Jan 100 4% _—100 Varnish Co, preferred 1% common 4% —.100 — Inc 34% —* * prior cumulative preferred-100 Blumenthal 300 Jan 5,800 350 Jan 14 Jan 1,100 6'A 3% 31% Jan 8% 29% 6'A Jan 30 5% - 6% 2'A 1% Foundry & Machine Co—1 12% -i' 2'A Jail 5% ———_1 Oil Royalty Paint & Jan — 1,600 1,400 Jan 1 2% 14% 5% 200 Jan 14% 11% 950 17 14% 100 8 Jan 900 200 59% 16 100 12% 8 350 1% "5% 57 Jail 16% 1 Va 12% 59 12% 1% Jan 7% Jan Jan 1 Courtaulds Jan' 5% Jan Jan 12% —10 "5% Mach Co com.4 1 3 Birdsboro Steel Fdry & 6% 12% 300 3 Cosden Jan 4% Jan 3% 12% *■ Croft Brewing Co.— . Bickford's 10% Jan 16% 2% American Ltd Pwr & 9% 4% Jan Jan 38 'A Jan 50 4% 4% ————— _4 Barium Steel Corp— 1 Basic Refractories Inc——1 Baumann (L) & Co common— 1 Beau-Brummel Ties common 1 Beck (A S) Shoe Corp— 1 Bellanca Aircraft common— 1 Bell Telephone of Canada common—25 Benrus Watch Co Inc—— 1 Benson & Hedges common— * Barcelona 300 10 9% Andes— de los Banco 37 16 14 Pwr Bait com__4 Continental Car-Na-Var Corp..: 57% Jan Jan 37 200 38% 37 700 3 5% .———30 preferred — 7 7c > Jan Jan 16% 1,200 $1 Wilcox 78% 88 Corroon Locomotive— Jan 23,800 28 25 Gas Utilities— Consolidated Jan B & Jan 67% 73% 86% Coro Baldwin l'A 1 Cornucopia Gold Mines Babcock Jan 87 Cook Jan U Liquidating Corp—.—4 Consolidated Mining & Smelting Ltd—5 Continental 52% Jan Consolidated Jan 12% 7% 1 1,000 1,700 1% 6% 25 preferred scries C__ Consolidated 8% 9Va 8% 6% 2 r Co & Lt Jan 2% 2% .1 Series B preferred 'A % 4% Jan 17% Gas Elec 7% 16% & Iron warrants 1956-^%— Vtc ext to Consol Jan. 300 12% 1 Machinery— Compo Shoe Jan 8% — Hotel Inc— Commodore 1,275 -a 67'A 3'A 47% 52 3 3 •———50 Co ordinary Manufacturing Colt's 18% 16 4 Colonial Sand & Stone Co Colorado Fuel Jan Jan _* Airlines Colonial Jan 64% 70 Va 4 common!— Colon Development Jan 115% 73 —20 Corp common Co Plow Cockshutt Jan 11 10% 114% 1,900 Manufacturing Aluminum Products Co— Club 11% Jan 1 1 1 common..^... Clayton & Lambert Jan 71,400 Inc Neon Claude Jan 112 Jan 62 8 Manufacturing Co__—_i Clarostat 10 100 ~8% A_.—~1 Co— Controller Clark 1 High 300 63% 17% 5 ——10 HomeS— & Suburban City 31/4 common— Low 10% 63 — Stamping——I City Auto 1314 109% Service Range Since January 1 High 10% .——1 ——_10 Mining Consolidated Cities Jan 3 Chief Jan Jan 12'A 64C % % 64'A & Sons (B F) Avery 6% Jan 2,200 £1 * ——* —_—_1 Inc_——1 Voting Machine ,—„—4 Automatic Jan 6% 700 10 22"A 24% 9% 21% 24% — America- warrants Plywood Corp— Steel 4% Air-Lines— trust certificates— Chicago & Southern Community Public Service Corp Automatic 9% 10 22'A 24% 1 0 1 reg of Fisheries Coast Jan Jan 2,400 10% 10% 10% Tel class A & 4'A 100 6% Low 5 10 4 4 Rivet & Machine——1 Chicago Jan Industries— Laundries Coast Atlantic Atlas 12 2.50 Corp Electric Associated 124% 4 preferred Associated Tel Atlantic Light $7 pfd— & (The) Associated 6% 110 3% 11% —* Corp Refining Co & conv 3 10 Power Jan 614 12% 13'A 3 3% 6% 7% 110 110'A 3% 3% 10% 11% 10'A 12 13'A * common-, non-voting preferred Arkansas Aro Gas A Jan 116% 6 6% — £1 1 1 100 1 ! Co Appalachian Elec Pwr 4%x'l'o Arkansas % 800 Ltd— Co Angostura-Wupperman Apex-Elec Manufacturing 6% 1 — dep rets ord reg_ Argus Inc 11,100 400 5% 2 - common, Jan 1,100 "Pur Cherry-Burrell common. Chesebrough Manufacturing com 3% 800 4 5 Writing Paper common—. Post Amer % 124'A common ; , High Low 4'A % % 121 "A 124'A 4% 4% 4% _10c , * preferred——5 Corp Superpower 2 common.. 1 Range Since January High Low Par STOCKS New York Curb 21 400 21V* { ; Motor of France— American deposit receipts bearer. 5/„ 8,900 Jan 5% Jan 21 Jan 22% Jan 22% Jan % Jan 3% 23 It Jan Volume 171 Number 4377 THE/ COMMERCIAL NEW YORK & FINANCIAL CURB CHRONICLE EXCHANGE RANGE FOR WEEK ENDED JANUARY *, Friday STOCKS New York Curb \ Last laxehange . Port Pitt Brewing Co 1 16% 1.25 (Peter). Brewings 11% Franklin Simon & Co Inc common ■'4%% convertible preferred Fuller (Geo Shares Friday '4. Low 27,000 11% Jan 5,700 9% Jan 7% 700 11% Jan 7% Jan. 7..% Jan 30 10% 10% 16% Jan 10 1,000 Jan Jan 31 Kings i Jan 10% Jan County Lighting 4% cumulative preferred— King Seeley Corp Kingston Products Kirby Petroleum Rieinert Power Co common; * - 16 __ 5 7c ! preferred Gellman '.J. x Mfg Co Builders 5% General Amer 57c 1,000 dep rets ord Finance preferred General Outdoor General 4% 1 A——1 Adv 67c 7 * 6% 1% Jan 2 1 i 1 Jan 3% 6% Jan 7% Kobacker Stores Jan 6% 7% 3,700 43% 600 5% 5% Jan 47/« Jan 3% 3 31/\ 5% Jan 2% Jan 3Va Jan Union (Adolf) Co 1157/8 100 4% 5,300 114 3% 5% 5% ' 17% class __ 5% 17% 100 17 Jan 14 __ Jan 18 17% 6,100 15% Jan 17% 1,500 11% Jan 13 11 Jan 12% 2% Jan 42% Hartford Jan 10 Jan 13% Jan 28% 28 29 200 23% Jan 29 Jan 8% 1,400 7% Jan x9% Jan 14% 400 13% Jan 14% Jan 2% 600 2% Jan 2% Jan 1 8% 14% __33%c 2% 42% _1 iD0 >/2 41% Jan 45 Jan Jan 28 Jan 1 5 77 Jan 77c 5% 350 12% 12% 12% 11% 11% 11% Jan ~4% 400 % Jan 61% , Jan 700 1 9 Jan 2% 13'% 13% 100 4% Jan 4% Jan 11% 1,000 113 a Jan 12 Va Jan 7% 7ye 7% 2,900 7. »/a Jan 8% Jan 5 6% preferrc Lynch Corp Power & Light $6 preferred & Jan 6% w 12% 140% Hollinger Jan 1,750 Mackintosh-Hemphill Co 26% 9% 30% Jan Maine 100 Co Jan 9% Jan 90 Mangel Stores 109% Jan -*■■■ 111% Jan Public Service Manischewitz common (The B) 5% 100 11% 150 16% 15 15% 200 15 49 49 % 190 5% 47% Jan 2% 49% Jan 1,400 1% Jan Co 2% 1% Jan 10% 10% 17'% 18% 3.600 7% 2.900 1 * 18 7% 7 11% Co 50 13 Jan 12% Jan 12% Jan 11% Jan 11% Jan 12% 50 11% 1C0 9% 45% 9% 100 9% 46% 400 8% 45 7% Jan 9% 1,600 8% Jan 3% 400 8% 3% — 31 10 . 31 44 — * common * ' „ —______—100 96% Inc common—____5 Refining __* & & Manufacturing Co Refrigerator Common stock $2.25 34 110% L10 * 19% 4,600 4% 49% 4% 17 Jan 9% Jan Jan 3% 34 Jan Jan Jan 13% Jan Jan 32% 108% 44 Jan Jan 162 Jan 34 Jan Jan Jan 18% 110% Jan 4% Jan 19% Co common— Chemical Imperial Oil Registered 86 Jan Jan 4% Jan > 48% Jan 8% Jan 9% Jan 400 2% Jan 2% Jan 100 16% 49% Jan Jan 17% Jan 3% 100 3% Jan 3% —* 8 14% Jan 18% Jan coupon—__—* 19 * —-— series.—. Metal Industries $3.50 International Petroleum International Public Jan 20 Jan 18 % Jan 20 Jan Jan Oil Corp Co (A & class Johnson % 8 % Iron Fireman 8% Manufacturing Italian Superpower Corp Chute v . t c .___ 18% Jefferson Jim Glass Co Lake Brown common-:: Sulphur Co Stores Metal Textile Corp Participating 6% 75% Jan 15% 79% 1 ' ( Middle _1 Steel Products— $2 non-cumulative dividend Midvale Midwest 4% 7 Preference & _1 k 3% ■* Kokenge Co_— 18 Jan 8% Kansas Gas Kawneer & Electric 77c. Co—1'. (Walter) pfd & 5 100 * —, Kennedy's Inc Key Co common Kidde 1 6% 7% 800 6% Jan 7% Jan 21% 6,100 18% Jan 21% Jan 3% 300 3 % Jan 4'/4 Jan 7 Jan ~1% 67/a Jan "lVa 1% Jan 1% —____5 ; —* Co . Kimberly-Clark Corp— 4%% preferred 5 12 12% For footnotes see 100 page 27 19 Jan Jan 41% Jan 30 Jan 31 Jan 25 7ya 7Va Jan 7% 14% 15% 2,300 13% Jan 15 \\ 1% 14% 1% 1,200 1% Jan 300 .7. 2 Jan Jan Jan Jan 5% 5% 500 4% Jan 5% Jan ~5% ~5% ~5% 3,400 5 % Jan 6% Jan Jan 55 55 5% 6 300 55 10 Jan 6 Jan 55 Jan Jan 5.% 53 6% 6% 11% 6% 8% 600 6% 7 aJn 8% 600 7% Jan 8% Jan lVa 1% 1,500 1% Jan 1% Jan 8 8% 700 7Va Jan 8% Jan 7% Jan 8 1% 8 7% 7% 9 8% 9% 2% 2% 2% 600 , 7,400 : . 4.40% 4.80% , Jan 8% Jan 9% 2 16,400 Jan 2% Jan Jan 10% Jan ft 10 Jan 24% 350 24 Jan 25% Jan 16% 1,800 13 Jan 17% Jan Co 3% 10 Co cumulative cumulative Plan Corp of 20 23 % 1,700 class America 21 24% Jan 2% Jan Jan 6% 900 6 Va Jan 6% Jan 32% Jan 2,700 10% Jan 11% Jan 34% 35 101 7% 100% 7% 2% 7% 3 300 * * 36% ~5% 100 101% Jan 7% Jan 7% 700 2% Jan 3% 25 100% Jan 105 Jan 1,500 2% Jan 160 176% Jan 36% 300 34% Jan 38 5% 7,700 15 31% 14% Jan 32% 1,450 31% Jan 101% 103% 1,410 101 Va Jan 5 107% Jan 2% Jan Jan 5 700 Jan Jan Jan 6 15% Jan 32% Jan Jan 104 24 25 500 24 Jan 25% 33 Murray Ohio Mfg Co * Muskegon Piston Ring common—_2.50 Muskogee Co common.. 10 33 250 32% Jan 34 400 8% Jan 8% 8% 13% 13% 100 10% 11% 1,300 Jan Jan 182 5Vz 32% Tel Jan 2% 14% Mills Jan 35% 106% 10 * 102% Jan 181% 2% 180 Jan Jan 34% 1,700 100% 100% ~2% 1 common Jan Jan Jan 32% _10c ____. Jan 11% 100 A A 4 6 Va 1 100 Jan 10% 1 class com Vemcn-Woodbury 400 250 2% 50 pfd series B Producers 21 2% ._* Co 3% 24% 2% 50c preferred Monroe Loan Society Montgomery Ward & 200 23 23 1 common 4 20% * convertible preferred 8% Jan Jan Jan Jan 4,V Jan 1% % Company common—— Jan 92 15% Jan Nachman 6% Jan Namm's 1 % Jan National Corp Inc __10 , common Bellas Hess 1 Fuel Jan Jan Jan 13% 4 Jan 4% Jan Jan 4 Jan 5% Jan National Mfg & Stores 7% Jan National Pressure 400 Jan 3% Jan 600 3% Jan 3% Jan National 25 17% Jan 18% Jan National Steel Transit Union Jan 5% Jan Jan 116% Jan New Jan New Jan 17 11% Jan 13 Jan Nestle Rubber 12 % 100 10% 12% 1,200 9% Jan 12% 12% Jan 12% New 400 12% Jan 13 Jan New Le * 4%% Co Ltd Park Process 31 10% 11 Co & & & —i—5 Watch 8 12% 8% 14 9% 10% 8% 8% 6% 7 17% 6% Jan 31% 5,500 10% Jan 11% Jan Jan 18 300 700 8 10% Co 9 Jan Jan 14 Jan 1,400 8% Jan 10% Jan 300 8% Jan 9% Jan 1,500 6% Jan 7% Jan 325 17% Jan 18 Jan 2% 300 2% Jan 3 Jan 3% 3% 12,600 2% Jan 3% Jan 25% 24% 26% 1,700 5% 5% 300 5% Jan 93% 92% 93% 230 92% Jan 1 1% 1% 1% 2,400 .20 Jan Jan 2% 3% 1 4Vz 24% 1 Jan Jan 26% 5% 97 1% Jan Jan Jan Jan common 4% 4% 50 25 Land Mining Co— Co 340 3% 29% 100 Tel Arizona 10% 4 1 common Tel 8% 14 10 30c common Clock 1 * common Radio— convertible preferred New- 29% 10% —1 . Jersey Zinc— Mexico 29'% common Machinery Car Mur England 5,900 Cookgr common—.2 Radiator Haven 3% 25 Fabrics. Jan Jan 15% 700 3% * Mallinson Neptune Meter 4% 3% Gas 3% National 4% _1 common 6% 4% 13% 11% N % Jan Jan 116 Jan Jan Jan Jan 3% 13 10% 13 50c Jan 1% Jan Muter New . Jan 39% 15% Oil Molybdenum Corp Monogram Pictures common Monongahela Power Co— Jan 20 17% 450 • 24 Wohl 4% % 1 200 5,600 1,380 15% 3% , Jan 20% 30 tc__l Mining Corp of Canada 5% 34,500 Jan 2% 24% 3% 5% 116% 116% 17 16% Jan * 100 5 38 2% * • Corp Jan 1 v shares Jan Jan K Kaiser-Frazer 35 100 50c 1,300 18 200 2% common National 3% 18 38 30 10 Midwest Piping & Supply common Mid-West Refineries Miller National 4% Jan Abrasive__ Co Mid-West — 7 Jan 14% 19 * National Breweries common 77c preferred 7 14% Jan %' Jan 8 Midland 600 ' Jan 14 41 Corp common 5 Midland Oil Corp $1 conv preferred-.* National 4% (N J)—___1 common Jan 14 100 3% West 300 l'/a 9Va 300 6% x.. 87/a Jan 15 ~6 Jan Jan 92% ~5% _1 Jan 200 2.50 . Moody Investors participation pfd 7% 300 __* Jan 14% 8% 25c Jan 7% 11 395 Jan Jan 14% 1 ■___ Mt Jan % 13% Jan 113 14% * preferred Micromatic Hone Corp Middle States Petroleum, class A Jan 14 1% Jan 20% 1 Jan Jan % 112 14 y8 18 Michigan Bumper Corp Michigan Steel Tube Michigan Sugar Co common 113 103 1% 400 2% 15 Morris 850 800 60 14 37 1 common Mountain States Power Mountain States Tel & 1,200 113 13% 40 preferred— National i Julian 29% 5% Mountain 3.200 1% 12% J Jeanette 109 % Jan 8% 1 Jan 8% __ class A__* com 124% Jan 26 '/a 100 Jan —100 Air Jan 106 * 6 % 7o A preferred Mesabi Iron Co_ 9% 8% Jan 121 14 '/a Warrants 100% 11% Jan 673 is y2 B __ Jan 8% Jan 1% 2,125 * '_ Jan 11 Vb 9 Va 10,100 14 Yb 3 Co— & 8% 1,000 Jan J(in a 7a 27% lVs L. — Co 98% 4,150 87 108 % 112 1 common... G) 140 14% 21,300 10 common 300 79% 500 1% 123 1 Mlg C»___:. Merritt Chapman & Scott Corp— Jan 12% 14 8 3% 700 76% shs___* Jan 1,000 Co— Irving Jan 14,000 A__—* preferred 10 19% 14% —__1 Service Jan 19% 78 Products—_———__10 Safety Razor B____ * Investors Royalty 3% 106% 107% —* coupon __ 9% 9% 99% 100% 99% _-.__.50 Registered shares—'— International 7% 12% Hydro-Electric— Preferred 1,550 18% 10 Machinery—* International International 8% 12% • 12% £1 _____— Insurance Co of North America— Cigar 18% „ Indianapolis Pwr & Light 4$?. pfd___100 Inernational 7% __ 9% 26% 13% * McWilliams Dredging Mead __ Imperial Tobacco of Canada.-.—__—5 Imperial Tobacco of Great Britain & Ireland Jan 122 27.1/4 10 common Menasco Jan 1,600 Industries— receipts registered—£1 (Canada) Jan 26% 100 108 Minnesota Power & Light 57c pfd— 100 Missouri Public Service common. * Zinc 26% Jan £1 common Co $2.50 preferred Jan Jan 81 18% 3% __ 48% ■4 100 2% 1'6% * American dep Jan 24% Jan 25 9% 2% 16% 9% Jan 43 100 49% 8% 2% — 5 Products Jan 160% 1,000 84 1 Hygradc 20 19 9% 1 % 81 __ preferred——— 1 Hydro-Electric Securities—x_ Food 26% 8,600 1 * convertible preferred McKee Jan 2% 275 19% __ warrants common convertible 99 75 12% 20 81 5 pfd Jan Jan 31 25 162 33% __ (Harvey) Oil 57o McCord Jan 74 . 200 44 161% __ __ preferred 15 Jan - " _j."' 15 Baking Co Hardart Jan 14% Jan 97 — Hardart 11% Jan 11 9% 46% 1 & Jan 1,300 12% * & Jan 8% 11% —5 Horn 10% 18% 97 __ 10 ——— Jan Jan 11% ——100 M—: 6% 14% __ _1 Jan Jan 16 97 2 —100 T___x... 10% 2% 11% * —_* 300 Jan 25 26 * .' Shovel Mfg McClanahan Jan 300 Horn Lock Jan Harris McAleer Jan 16 2 % — Hubbell iiy2 Jan 2 —* Humble Jan 2% -5 Inc & Jan 2% common A) G% 2% 25c Holly Stores Inc Holophane Co common-. (Geo Jan Power Massey 5% __ 2~6% Jan 27 25% 1 Communication Co Ltd_ 10% __ — M Marion 5 800 9 10 9 109% 110% — G Jan — —_5 Jan w Consolidated Jan 11% Jan 30% 42% 1—1 — 28% Jan |jan 131 % Jan —1 A Jan 10 % 11% Jan Jan 25 w 28% 11% Jan Jan Jan common class Co Jan Jan 6% 40% common—. Henry Holt & Co Jan 18% 112 128 % * — 14% Jan 26% —2 130 common w Jan Jan 27 pfd 650 Light preferred 14% 13 15% lVa 725 — A Jan 1,400 2,200 .100 270 __ Co 12% 13 % deposit- 42 9% 500 12% Jan 13 1 131 __ Jan 12% 25% 67c preferred B ctfs of deposit- .100 Louisiana Land & Exploration... 1 Jan 14 of Co 140% 28 Jan 7% — — 10 41 30% 7Va 22% Jan 6 % 16% ™5 — 130 __ Jan Jan 6% 20 _* ____. ___— Jan 13% 13 Va — 130% 25 Jan 16% * common. 900 1,700 7'/a 12% _ 200 22 .25 —100 Paper common....—_—5 Electric 7 138 —-2 6% 6% 21 5 1 certificates Jan 6 63% Jan _ 1 Inc 67c 12% . 5 140% common—25c Utilities $4.40 pfd __100 & Alabastine * Dept Stores 4.90% Jan 11% .——* Co Helena Rubinstein common— Iowa Jan 1A ..1 preferred A ctfs of deposit Louisiana 11 Va - trmmm stock - % 200 63% 62 V4 .—5 Mining Illinois Jan l'it 13% * Chain—— Common Jan 74 __ 6,400 50 Brewing Co Hathaway Bakeries Inc Hazeltine Corp Imperial 1 11% Inc (Texas) Longines-Wittnauer Watch Long Island Lighting Co— 125 43 __ . Harvard 1st 7% 14 _1 Star Gas Co Jan - * common Hartford Rayon Huyler's Jan 9% . Locke Steel Lone 1% 26 * preferred Hammermill Hussman Jan Jan 12 .' 12% common (Thos J) 5,200 * A_ Lamp Co Bridge Co Ltd Hurd Jan lft — Jan Hamilton 57c 11% 50 common Lit Brothers Jan 2,200 2% H Hormel 1,800 101) Mapes Consolidated Mfg Co___ Marconi International Marine Border's 11% Jan 1,500 - Loblaw Groceterias class A— Class B : Jan 12% 11% 2 Lime ) 3% 1% University— (R G) Corp Lipton ■A 12% Grocery Stores Products (R Jan Jan ' — 16% Lionel Jan 14 11% * Great Northern Paper Griesedieck Western Brewery__ States Jan 2% A Rapids Varnish Gypsum 5% •' Great Atlantic & Pacific Tea— 1st Jan 11% Gray Manufacturing Co Non-voting Jan 5,000 — Gorharn Manufacturing common -10 Graham-Paige Motors 5% conv pfd__25 4 7t 2% 9-% Machine Extension Lefcourt Realty Jan ~4% 12% Manufacturing Co Gorham Inc 115% Jan 1 B Goodman Jan ~3% .__1 — Hoe 900 13% Inc.: Monotype Salle Le Tourneau 3% 5% —5 common- $4.50 prior preferred Goldfield Consolidated Mines 5 %% 3% 9% Lakey Foundry & Machine Corp of Delaware—__. La 16% ... Inc Inc Godchaux Sugars class Class 22% — 1 — Apparel Lahston 5,900 115 ___* + Glenmore Distilleries class B Gobel Heller Jan 13V8 Lamson 900 1157/s 1 Coal Globe Hecla 21 11% — 5 107% __ 5% . Alden Hcarn 800 _1 L'Aiglon — Hall 22% 3 13yd Jan 107% 21% Jan 41 1 _ Jan 44% 8% Jan Jan 41%. Jan High Jan 38% — * 7 200 ,-10 Rubber Co common 6,320 41 3 1 Low 8% 39% — 1 Range Since January 1 High 7% 41 Jan 3% (I B) Corp Low 8% 50 Kreuger Brewing Co__i iKJropp (The) Forge Co Jan 100 700 __ Giant Yellowknife Gold Mines—__1 Gilbert (A Ci common —_* Gilchrist Co * Gladding McBean & Co _25 Gulf n 1% 43% 43% pfd—__100 Gerity-Mich Corp 77c Jan 3% 10 common— General Public Service $6 preferred—* Georgia Power $6 preferred —* $5 preferred —* Grand Ja Shares —£1 common Phoenix Corp...1 Plywood Corp common—__50c General Class 92 Jan Jan 1% 3% —25 reg__ Corp series Fireproofing General Glen 16% 3% — com—1 5% for Week Electric Co Ltd—• General ; 47/« __ 0 •_ Supply Corp preferred convertible 15% Jgn 91 1 Alloys Co— General Knott 100 __100 common General 16 Sales Range of Prices * common Kirkland Lake G M Co LtdKlein (D Emil) Co common Gatineau Week's last Sale Price Exchange •)... Par 16% 11% 7% 10% New York Curb High 9% 50 5 STOCKS Range Since January 1 High 14 1 Co_" A) for Week of Prices Low 27 Sales Range Sale Price ... . Par . Fox Week's (485) 57 55% 57% 4,500 55% Jan 59 Jan 1 9 7% 7,400 7% Jan 9 Jan 1% Jan 1% Jan Jan 66 Vz Jan 1 * 1 9 % 1% 1% 600 66% 66% 66% 100 4 65 Jan 4% Jan 2S 26 -(486) THE COMMERCIAL RANGE STOCKS New York Curb Week's York Auction Co common Range Shares Honduras Rosario .-10 New York & New York Merchandise New , Low York Low Niagara Hudson 7% Jan 200 29% Jan 30 i 50 5% 1st 5% 11% Jan 13 13% 15% a an 18% Jau Jan. . i w 22 100 26% Jan 27 12 % Jan 15% 41 9% ) •* 11% ll% 3% 3 % 10% 14] a 18 12 a 1 Jan 47 2% Jun % 300 3% 1%2 Jan 70 6% 2,700 6% 17% .18% 600 16% llMJ 1 6% 1 — - A . Securities Seeman Co 10% Jan 13% Jan 2,700 23% Jan 27 Jail 4,300 7% 7" Jan 8% 1% Jan 1% Jan 1% Jan 2 Jan 2% Jan 3% Jan — - —«. — — ~3 — 3% % __ — 3% — 2,900 Jari 2% Jan 2% 1,900 25% Jan 28 % a 14% 200 13 % Jan 15% Jan 1 1% 1% 200 \\\ Jan 1% Jan . 2% 28 —25 * Inc Bros 7,400 28% 14% 2% 1 1 General Corp 2% 27% 41 common common * Shoe Selected Co Inc Industries Convertible S5.50 stock Jan Semler Jan 1% Jan 13 % Jan 14% Jan 3% 7,600 3% Jan 3% Jan 23 % 24% 2,200 22% Jan 25% Jan 86% 87% 100 84% Jan 87% Jan Jan 88% Jan 3% 23% __ 4% 5% Corp Inc Control Jan 4% -Jan 3% Jan 6 200 % Jan Vi Ja" Jan 11Tb Jan 10 Jan 10% Jan ■ % Jail ' class Leather Seton 200 7,700 % 5 1 4% 11% 4 % 1 Safety 88% 3% 5% 1 Sentry B) Jan 1 % 350 Sentinel Radio Corp common (R 17 8,300 Allotment certificates Jan Jan J11 1% 3 % 25 16 Jan 14% 14 5 prior stock 500 1% 1% 1 common 16 % 16 16 1 Selby Jan 7% Inc A) Segal-Lock & Hardware Jan 18% (D Steel Jan Jin High 3,300 ' 24% -..-7 Serriek Northrop Aircraft Inc Novadel-Agene Corp 11% 23% 7 % 1 Manufacturing Jan Jan 10% 24 25c Fisher Brick Co— Schulte Jan 106 % van H (Del) Scovill Jan 3% 86 11% 1 ——45 common..J...—1 Scullin jau 12% 84%. Jan lUo % 106% % 3 Jan 2% 2,900 —- pfd.100 Ja Low " Jau 43% common preferred— Co—__1 Gil United Corp Sayre <4: Jan Jan 300 50 Indiana Pub Serv 5'< Jan 1,800 2% 2% 9% 100 45 47 46% 1 Co 1.200 2,300 13 10 ~2% 5 Oil Texas 10 18 ib 5 Ltd Corp convertible Dome Savoy Oil Inc Jau - Lawrence Samson Jan 800 Range Since January 1 High ' Jau 26% Airlines Northern wan 21 14 V'a 5 RR St Salt Jun 2,tioO Low S Jan 103 % 26% Mines Central 21% 106 Jan 13% North American Rayon $3 preferred—50 American Utility Securities * Penn 21% Jan 102% • North North 4 105% — Shares Jan ...5 common Hundred Corp common Northeast 88,700 — * — Niagara Share Corp Niles-Bement-Pond North 16 % 100 - Nipissing 16 Vo for Week Jan 1st -.100 _r, preferred-Niagara Mohawk Power class A Nineteen 12% Sales Range ol Prices Par Jan Jan 7% ■ preferred A 12% 1 common- 2nd Class 30 1 — Power 30 Exchange High ■ 100 72 Week's i Last Sale Price STOCKS 17% 30 __10 - 27 New York Curb Shipbuilding Corp— Pounders shares JANUARY Range Since January J High i . EXCHANGE ENDF.b for Week of Prices * Monday, January 20,- 1950 Friday Last Par New WEEK CHRONICLE: Sales - Sale Trice Exchange FOR FINANCIAL CURB YORK NEW Friday & 1 B— * common— — — — — ' O Ogdcn Corp common—.., Ohio Brass Ohio Power 4fa% Omar Inc 100 B__ Securities. 450 "70 112% 113 45 Jan Denn Mining Shawinigan Water & Power. Shelter Mfg Co. 113 Jan Sherwin-Williams 1 % Jan 41% 112 Jan Jan '' Jan 34% 36V4 1,100 34% Jan 37% 12% 450 12 Jan 13% 17 J a..i 17 Jan 17% 17% 10% 600 17% Jan 17% Jan 300 9% Jan 10% Jan „1 — 4(7 Jan 10% Shoe Corn Sick's 68% 25 Ltd 41 ... 69 % 2,700 * 2% 200 15% 16% Jan Jan 66 Jan Jan 09% Jan Jan 108% Jail Jan 19% Jon 700 15% Jan 16% Jan 18 Jan 13% Jan % 3% 3% 100 3% Jan 30% — > 18% __ . Jan Jan 23% - 107% . 15% 3% 22% Jan 21 20% 30- —— * . 1,200 ' * , Silcx Co common 2,400 107% 108% *.100 Canada of America class A Breweries 22 67 21 1 .—. of 3% 21% 20% <s common preferred : Sherwin-Williams 3 21 —5 . Jan 12 1 — O'okiep Copper Co Ltd Amer shares Overseas 44% 1 17% — .— 4,300 12 -—.-—15 ... 1% 44 preferred.: Filters class United 1 common Natural Gas Oklahoma Oliver class B Co 1 Shattuck 1% 50c 30% 50 30% Jan Jan 4 Simmons-Boardman Publications— S3 convertible preferred— Simplicity Simpson's Pacific Can Co 5 common— Pacific Gas & Electric 6% 1st pfd—.25 5Via1st preferred 5'■'{ 1st 5% redeemable 25 preferred 1st preferred.- 25 redeemable 1st pfd series A. Pacific Lighting $4.50 preferred Pacific Power & Pacific Public Service $1.30 1st b'/c Light Tubes Oil 41 pfd 100 Panatapec Oil Ai Ltd Penn Power Trafiic Boys 20 281 a Jaif 29 2,000 23 Jan 23% Jau 1,100 103 30i» 104 i03 1041/4 103% 103 104 Jan 105 Jan 104 15% Jan 15 % Jan 25 50 39 % Jan 41% 2% 21,600 2% Jan 3 6% .24,700 6% Jan 7% Jan — Jan 16% Jan 16% 550 24 Jan 27% 200 11 Jan 12 57 4 41 25 4 Jan 4% 4G Jan 47% 24V4 25 29 Jail 10% 11: 10% Jan ' \ 10% 41 com. 100 Power Co " (The) 39 (Mass)..20 Jan 109% Jan 5% Jan Jan 40% Jan 3% Jan 39% 3% 58% 3% 58 58% 11 2.50 11 850 36 Jail, 1,000 2% 2,050 53% Jan 58% Jan 11 50c Philadelphia Co common.. Phillips Packing Co ; % 12 500 li! Jan % 19% 19% 1,300 17% Jan 19% 5% 1,300 4% Jan * Pierce Governor common _1 5 5 17% 17% 18 6 17 Jan 19 Jan Mines Ltd Piper Aircraft Corp 2% __i 1 common 1% 2% 1% 2 "2% 1.300 Jan 2% 14% 15% 3.6C0 14% Jan 15% Jan 57% 58% 590 55 Jail 58%' Jail Metallurgical common..—5 Pleasant Valley Wine Co 1 20% 19% 201% 800 -18% Jan 21% Jan 3Va Jan 4 Jan Jan 15 Jan Pittsburgh Pneumatic Scale Polaris Power 6% common 10 Mining Co Powdrell Corp 1st Pressed 4% Jan 5% Jan '2,100 6% Jan 7% Jan 14% 14% 200 America 4'A l/t l $5 prior 1% «• preferred Power & Jan 35% Jan Jan 10% Jan 12% Jan 400 7% 9% 12% 9% 11% 1,800 Jan ■" ■ preferred 100% Stinnes Sun (Si Superior Tool 1% 2,600 7% 200 7Vb Jan 7% 600 9% Jan 10% 50 103% Jan 104 99% Jan 100%, Jan Tampa 1 % Jan 1% Jan Swan Finch 14%. Jan 16% Jan A 11% Jan 12% Jan Texas Jan 7% Jan Thew 7 7 7 200 7 Tilo 108 1.600 98 Jan 103 Manufacturing J--' 154 Jan 159 Rotary 14% • 1/64 61,800 Jail 14% 1/256 Jan 23% 225 21 1/64 27 27% 2o0 2^% 25% 25% 25% 2,100 24 % 8% ~7% 8% 21,200 4% ; 3% -3% i j 4% 600 3% 700- 1% 100 5 28% 29%, 41 25% 2% 1 1 _. 1 4 % -3% - Ja 24 Jan Jan - 3% Jan 4% Jan 4'% 2,300 3% Jan 4% Jan 133 3,220 155 6 7% 900 4% 2,900 Jan 163 Jan Jan "5 Jan 7% Jan 5% Jan Jan 3 Jan 1,600 4 1.4 Jan 5% Jan 220 87% Jan 90 % Jan 150 °2 1 Jan 25 500 11% Jan 12% Jan 8% Jan j 8 100 1% 8,300 17 % 1.200 15% 2,100 5% % Jan 200 14 % Jan 2% Jan Jan 1 % Jan 3% - 1,325 2% Jan fc 600 5% 2% •2%: % 4% 5% v 14 5% 21 21 21 2 U, 2 Vo Jan ,3%, Jan- 19 15% Jan 'Jan * • 19% Jan 15% 21 Jan 6 Jan 24 Jan 2% Jan 8% 1,000 Jan Jan Jan 4% 150 IV. Jan 13 15 Jan ••4 Jan Jan 9 1 Pendleton 4U pfd F._„_100 Inc common 2 ". Tobacco Snipyard Corp Rovalty _ _ Jan 27% Jan 20% 57 Jan Jan Jan 8% 1 26 700 231'-j Jan 26 Jan 3 2,200 2% Jan 100 r% Ediscn 11% 1,000 11% Jan 12 Jan 50 16 V'a Jan 18 Jan Steel Co 6% 10 . 24 23% 8% 8% 8% 1,300 7% Jan 8% 1 13% 13 % 13% 600 12% Jan 13% Jan 78 150 75 Jan 78 Jan Lux — 80c ' - 2 - Jan 981/4 Jan 25 ■ Jan 2,700 - 6% 23 Jan Jan Jan Lamp Works common—* —1 if preferred.*. 3% Jan Realization Corp Unexcelled Chemical Corp 2% Jan 100% Jan 26 Jan Union Investment Union Oil Co of Co 10 Jan % Jan 2.5 % Jan 7 Aircraft United common 1 27 8% 8% 2.100 Jan 17% Jan 19 Jan 20% Jan 20% Jan 9% — -9% 9% 2,700 12% , 12% 12% 400 3% Jan 8% Jan 9% Jan 11% - Jan 12% Jan 1% Jan 1 2% 2% 13 % 11 8 12 Jan 6 % Jan % Jan 5% Jan 7% Jan 8% Jam~ Amer United Chemicals Light & % Jan 13% Jan 7% Jan 7% Jan Jan 3 100 deoosit rets Sz 99% 100% Jan 100'A Jan 65 % 3 Jan 3% Jan _3 43 100 43 Jan 51% wan Jan % Jan Jail i .... 3 ' Railways.—a Co RR Jan Jan 64 common Molasses NJ 2% 12% 99 participating prelerred United Jan 300 4,200 60 United Corp warrants United Elastic Corp 75c 3 13% 375 Unired 8% Jan 2% 500 4 United Milk Products common 1 3% 3.200 2,400 Jan 11 300 3 18 3 % Ja J:i Jan 3% 2% 17% 65 % 9 5% 4 3% • * S % 4 {:! Jan % •Jan 700 Jan 1 3 Jan 300 103% 200 ■; 64 7% 5% Jan Jan ' common..50c Products 8% 4% 101% .1 s Jan Jan California— 1.200 5% Jan 325 13% S3.75 preferred series A I Stock Yards 01 Omaha..-—.100 6.100 4% 2 * t 8% 5% Jan 5 •_ 8% I 1% 10c 8% * 1,800 % U Ulen 8% Jan 1% - 8% 8% 45 13 3 8% 1.25 Ryan Aeronautical Co 3,900 9% Jan 102% 103 - $ 1 . Ryan Consolidated Petroleum page 500 Jan 39% if convertible Jan % 350 1% ... Inc Tung-Sol 1 4% 100 40% 1 warrants Jan 1 l5 39% / 1% preferred—— .100 Corp Temper Corp Trunz 70c of Nevada. 4% — 11 39% 11 l<i 20 „ 3 _ common footnotes-see 7% 24 Jan 1 — common 4% % Toncpah Mining Uniled 7 Jan 16 17 % Jan dep receipts for ord reg—£1 5 Jan 11% Union Inc 14% 17 % Jan 10 300 Jan 30 240 9% Jan 15 % 15% Jan 4 Jan 4,500 gy3 Jan 122 % Jan 4% Jan Jan Jan 27 % 2 % 5 13% Jan 5 _ _ Corp Tri-Continental Ltd— common Jan 120 % Security Trust Co Ltd— deposit rets ord registered. —£1 5s deposit rets def registered. True 1.250 25 16% 50 500 77 Jan Jan 99% 100% 2 Jan 6,000 * 25e common I:ic_—, Realty & Construction Jan 1 25 100% 33 17% 15% —5 Inc Jan 34% 16% 17% common 34% 34 122% 122% 34 * j. preferred .100 Union Gas of Canada vtc Elec common Markets % Valley Gas Co— Ryerson & Haynes Jan 9 72,100 15% 17 common Co 1% 11 Jan <5% 1% _I Engineering— (The) Corp common. Royalite Oil Co Ltd - For Jan 1% __ 6.25 ... & Ave Jan 36 1 1 Roofing Trans 23% 56 Radiator Fifth Jan 10% Jan 4 5 % * Co Light 7'A Corporation Toledo 1/256 _5 common Rowe Russeks Inc 13 Jan Jan 34% 200 4% 8 % Cement, Co & Shovel Toklan 27Mt Inc Electric 17% 250 3%. Jan Jan 1,600 36 "i% 4% Jan 41 — Field 17% 9% 3 Jan 10 common (Robert) & Co Roosevelt 300 2% _,__25c Corp Inc Power Tishmar. 104 1 common Corp Oil Technicolor 175 $3 convertible preferred Cable common Die Electric 200 11% 10 . Investment Reading Tube Corp class A Regal Shoe Co..— Rome Jan 3 Jan Jan 225 .100 ; Raymond Concrete Pile American 21 Jan 100% 100% & Jan 9% 41 Voting common Railway & Utility Rolls Royce Jan 1 ; Co & Portland 1% Railway & Light Securities— Roeser & 19'% 4 % 4% 5 Drug common 16 Radio-Keith-drpheum option warrants. Rochester Gas & 950 6% " . Corp.. Superior 7% R (Texas Corpi Janw 21 160 163 I common (Hugo) Ray Todd Rio Grande % 12% 4 1 Inc 4%-, Jan " Jan Jan 4 4% 1 common •> % 9% CI.50 1 Amer Richmond Corp.. Sterling Amer Rice-Stix ~ 1,509 1 Sterling Browsers Inc ^Sterling Engine Co 16 * ' Electric Jan Jan Jan-. 5.700 12% 11% 1q ; Power Co Reliance 3% 3% % 12 9% ■ Q Rcis B 200 17% - 11% 3 1 class i 4% Jan 1A 1 Corp Jan Jail 19% * Co. 4% 35 Jan Jail Jail 27 Jan 3% " Jan 10% ® —. Jan 17% — — Sterling Aluminum Products common.l 41 Quaker Oats common Raytheon preferred' Jan 4% 33 Jan 32 x29% 2,000 ■ 3% 4% 29 Jan 26% 100 1,100 3% 3% 28 700 4% 33% 33 901 Thor Co 26% 4% % 24% Thorofsre Rath Packing 26% 4 83% 5 common common... Pyrene Manufacturing Quebec 26% 33% 24 103% 103% 100 ! Puget Sound Pulp & Timber G'v Jan Jan —5 — Co Jan Light— preferred Pyle-National Co 400 10% 12 ...i ...; 35% 31 % 29% 500 * 1J Bt Jan 700 * Stetson 47'A 2,500 Steel Co of Canada— ' Jan Jan 29% * B Co 15 46% 100 Stein & Jan 31% 17% (The) Jan 14 29 35% (Ai 27% 3,400 — 47 17 % Tube Jan Colorado— cumulative Puget Sound 33 14%' Jan 27% — 29% 41 Stop & Shop Inc 35% 10% » Prosperity Co class B of Jan Jan Jan 3% 28% 31% I 5 — Products Starrett Stroock 35% 2.50 Producers Corp of Nevada Service 14 'A 100 „3 Providence Gas Public 14 500 7% common common of 125 5% 6% preferred— Metals 15. 5 Pratt & Lambert Co Inc 14 41 commoir of Canada Prentice-Hall 15 1,000 2.50 25c Alexander & 4 3% 9% Jan 35 % Standard Jan 1% 15 58% 2 Pittsburgh & Lake Erie Jan 3 20 Star.daid Jan .50 Pitney-Bowcs Inc 1,200 2% 9 500 2o% 25 — : Standard-Thomson Jan 1,300 3% 2% 29% —25 — preferred Jan 3% " 31% ;_25 preferred Corp class Jan % Jan 9% Forgings Corp—————1 Oil (Ky) —10 Power & Light common 1 Common 15% Jan " 27% preferred —————10 Dredging Corp common—1 Standard Jan 100 46% preference——25 Co convertible Jan 13% 1,800 l<i $1.60 Jan 32% % — 11% Standard 2% Jan 2,200 ' — 25 Brewing Co..... Standard Pinchin Johnson Ltd Amer shares Pioneer Gold 27% 10 Queen Corp conv class A Shoe Jan 32% ■ Edison— 2.78 $7 400 12.50 Line— Royalty Standard Jan Jkn 3% Convertible Jan ' 9 .. Standard Cap & Seal common——_—1 Jun _3 common Jail - 3% % 9 1 common..: Pipe Pipe Line Standard Jan • Oil Stahl-Mtyer Inc Jan 11 100 Jan .7 288 3 3 1 common common cumulative Spencer Jau 5 1 convertible preference Speed Jan 2% 108 % 100 38% 31/4 2% 300 425 269 — 15% 14% % 1 ... ; Corp Pa Southland Jan 2% Co convertible Southern Jan 11% 5 109 5 1 29 . 109% 2% 109 % .2.50 12.000 Jan Jan 5% 240 — 15% 1 a— California 4.32 % Jan 2,100 • 2% — Co 4.48% Jan Jan 100 v 6% 281 registered——£1 4.56% Jan 650 25 .25 pfd Peppered Manufacturing Co 1.400 47% 25 . 4% 46% 47 ord original preferred 4.88% cumulative preferred Jan Jan 6% 271 274 Paper Mills— b'r Jan 53 Penn Southwest Jan 11% Coast Southern Jan 27% 11'A rets Manufacturing South Jan 61/2 w s 100 Jan 41 Co Corp South Jan 25 39% 2% 25 A So B— Manufacturing Sonotone Jan 30% dep Aircraft ?Solar J an 6% 1 common class (Howard) Solar Jail 98% 100 26% l class Amer Smith Jan 23% Ltd 30% Manufacturing Co Ltd— Jau 2o% 2 Light 4 % % Perfect Circle Corp.. Pilaris Tire & Rubber Jan 29% Pattern Manufacturing Singer Jan 32% 28-% * Co Water & Penn Pep & 36% Jan Jan 34% 5 Penuroad. Corp common Penn I" Jan 31% 29% l.l - Electric Jan ...1 . cumulative preferred $1.32 cumulative preferred & 3% 6% shares Amer Jan 2% Si Gas 700 41 Peninsular Telephone common Penn 3,600 c_. Purkersburg Rig & Reel Patchogue Plymouth Mills Co 36% 32% * t v Paramount Motors Corp Parker Pen Co Patican 36% 32 — At IC >:36% 7% 0 common common.' (C 400 x32 25 preferred Puge-Hersey 8% .25 bc', Pancoastal 8 Singer _• 48 35 7 * 15,200 39% 36,600 35 35 38% * — % 3 2 150 18% 18'% 18% 372 Jan . 90 33 Ja n 351» 37% Jan 40% 9% ' .... % Jan 10 Jan 18 % Jan 18% Jan Jan Ltd— ord registered Cariair— ———100 236 Jan 238 Jan i Volume" 171 " Number 4877 THE < COMMERCIAL NEW & YORK FINANCIAL CURB Friday ' ' - ' - Week's.... Sales STOCKS Last Range of Trices Low Sharing common 25c 10'r preferred —-10 United Shoe Machinery common25 Jt-r timed Uni.ed Low U S Air U S Foil Co class U S and International $5 1st Conditioning Corpi U S preferred with Radiator common U S Rubber Utah-Idaho Utah & Isarco A7s Jan A7s ex Nov Jan 12 Jan. 13b 1% 1% 1.200 16 17>2 3.500 4 4% 1,500 83% 87 lb Jan lb Jan 15b Jan. 18b Jan 4 Week's Range East Fiiuav's or Sale Price Bonds Bid & Asked Jan 4b 88 b 89 b Jan. 1 No. L oio Nov certificates 1940 1 1 Va 250 83 b Jan 87 b Jan 434 700 4 b Jan 5b Jan Jan-July 1952—.—_ coupon 1947 coupon -- $C0'/4 —_ 1952 32 88 V3 100 lb Jan lb Jan New lb 1,900 lb Jan lb 91'/a 05 $30 — Milwaukee IV2 1% High Co— escrow Altalian Superpower 6s 1963——— —...Jon-Juiy McCord Corp debentures 4bs 1956 Feb-Aug Midland Valley RR— Jan Range Since Sold High Hydro-Electric Co— with lb ^ _ 53 50 53 $102 103 ' 22 b- — 49 V. 103 53 103 Jan 10 42 42 43 V* 350 4034. Jan 43U 25 25 27 100 25 Jan 28b Jan 23 Jan 29 Extended Jan 10 Jan 10 common 5 ; Light Jan Jan 40\2 400 50c Sugar Power b 41b 260 Power Debenture 4b _— Co A Interstate —1 - Insurance Products Jan Jan 13 b 0 United Stores Corp common— Universal Consolidated, Oil— Universal 3* 5b 41 IV* 1 Period Low 1 Reclaiming Co Universal 49 13 >4 * warrants Jan Jan 48b 17 1 : Securities 4434 46% 13 V* ,—lOc B 5.000 Jan 40% 1 common..... % 5 46% Interest New York Curb Exchange High 600 25 - - Specialties B O N I) 8 Range Since January 1 High United' Profit ' • Friday Shares Par .' ENDED JAN LAKY '2? for Week Sale Trice 27 \ ' New Turk. Curb Exchange (487)* EXCHANGE " RANGE FOR WEEK CHRONICLE 3 * common 3V» 24 % 5.500 25 3 1,100 Jan 23 b 3b Jan 1st 1st 1963 to Apr/I-Oct mortgage 3bs 3s mortgage Park Lexington 61b Mar-Sept 1968 105 v.— 105 b April-Oet 1971 April-Oct 1st mortgage 1964 3s 3bs 3 60% 62 4 105 106 1 105b 105 b 9 106 107 8 105 b 106 Va 106b b $105 b 105b Jan-July 1970 61 b 105 105b 105b 106 May-Nov $98 b —— Pennsylvania Water k Power 3bs 1964—June-Dec Jan 25 . Ohio Power Jan 4 b at Gas Light 4bs 1967. England Power 3bs 1961. 99 105 b 106 b Jan-July $106 — 107 b -- — — Piedmont Hydro-Electric Co— A6bs with Valf-par $4 Corp —1 common convertible preferred Venezuelan Syndicate 5% 5% 1,200 L 28 .j. 27 V* 4 _i Inc 28 Jan 5 b Jan Public 4 Jan 68 Jan 27 300 Jan 281 e Jan 4Va 1.800 Jan 4b * 3Ve 2,800 2b Jan 3b 100 12 b Jan 13 b ^Queens , * — $2 & Bond Inci——1— preferred cum Waltham Ward Baking Co Warner- Aircraft Wentworth West vtc'wi Utilities Weyenberg Whitman Wichita & SO Wickes Williams (E preferred Wilison 7'4 Jan lib Jan 1 160 * 10 —— 15,400 1 Co 1 1 Jan & 4bb Wocdull Industries Inc pfd Woolworth 8 Jan Jan lb Jan AStarrett' Corp 87b Jan 5s- Jan Stinnes 113 U 165 160 6b Jan 160 114b Jan „ 30 b. 675 165 18 Jan 31b Jan Jan 21b Jan 18 Jan 3rd 50 A Teml 2nd Jan 3b Jan A6bs Jan 19 b Jan Triborough 7b 700 7b Jan 8 Jan 2bs 6b Jan United Edison 2bs Boston Central States Electric 5bs debentures Chicago-Transit Jan 12 Jan A 7s Jan 4 Jan Y-.-A.7s 13 b 200 13 b Jan 13 b Jan Waldorf-Astoria 29 b 800 29 b Jan 32 Jan 106 b 106b 15 15b 10 105 b Jan 300 14 »4 Jan 10 Jan 10 b Jan 12b Jan 4 Jan 4 Jan. 2 3bs b 10b 700 — "lb 2 "lb 6,000 or Sale Trice Friday's 106 b of with 1977 El Lt & Pwr 1st ref mortgage 1st- ref mortgage 2bs General Delaware Gas West Penn Western & Western N J Elmlra With ex Finland 5s RR & 5s Elec Nov Mfg 1 Nov/1 Green Residential Trunk 93 ,35 9? 93b 99b 100 183 99b 100b 99b " 99b 99b G'dantanamo & A ' 4s 3 I06b 106 5s $46 47 55% 49 . 103b 103b 27 118b 118b 3 4.7' Parana 103 118b Peru * 'l/f Dec 1955 1941 1 E ll Co" " ' * 7 (■' _ __ I'l '■) '' __ / Elo 1957 $54 57 55b ' (Jhtly 1941* coupon) 3 09% __ 103b 103b 20 103b $45 49 __ 44 103b 96 5 $107V4 107 b 1964..——Jnne-Dec I960. 120 June-Dec 1959 120 15 Period Last Eoivds Friday's or Sale Price listed are the 42 42 No. High 86 22 81 86 85 51 7Gb 92 4 86b 92 43 89b 85 89b 83b 89b 92 87 92 4 86 92 89b 89 89b 2 83b 89b April-Oct Jan-July IndUB- . 20 Rail¬ 18 Total Jan. ' trials Util¬ 65 * ities Stocks 41.86 72.89 41.87 199.62 55.15 41.65 54.51 41.48 198.93 54.55 199.08 54.82 200.97 23—_ Jan. 24 Jan. 25 Jan. 26—— Jan. 27 roads 198.39 — 55.18 55.23 , 21 First Second 71% 5 71% 71% 47 1 46 b 47% 5 79 sib 81b 85 ai b 79 81b 18 '/♦ 16 b 17 1952 8% Jan-July 6bs stamped 1958—Mar-Sept 83b 9 — Indus¬ Grade Grade — —_ trials 103.18 Rails 107.20 Rails 92.13 Total Util¬ 77 b 85 81b 7 b 8% V4 18% 47 b 37 37 80 7 May-Noy of 1927) Oct 1927) of of 1947:. Chile $47 80 14 49 $4714 1931—.—..June-Dec 5s 33 $47 V* ..May-Nov —April-Oct 1947J——_ 6s Denmark 431 June-Dec — — $37 $88 VB 1972—:—June-Dec __ reduced to 2bs 2008 2bs ce Janeiro 5bs $31 Jan-July —— 32 31V8 31b 18% 20% 31 32 b of)— iser A B C stamped reduced Ei 1997 :__June-Dec 32 b 2b 2b 11 2Va 2 b 2b __ 2% 2% 32'^ —•—Mar-Sept 20Vo 31b 20b 2b 2012 1919. 1921 270 20 Vs $23b Jan-July (Plan A) 2^ 6bs 'to Government D —Jan-July —— 13 •No par value, Deferred delivery transaction (not included in year's range). <1 Ex-Interest, in year's range), f Ex-distribution, g Ex-stock dir. n Kr(not Included in year's range), r Transaction far cast* (not included in year's range), x Ex-dividend, y Ex-rights, z Ex-liquidating dividend. Odd-lot a transaction (not included n Under-the-ruie transaction ABonds and asked prices; no sales being transacted during current week. being traded flat. ^Reported in ; receivership. Abbreviations used above—"cod," certificates of deposit; "cons," consolidated; * cum. etrntiil*tlve; "conv," convertible; "M,'! mortgage; "n-v," non-voting siock; "rtc," voting trutt c^runcxuaa; "wi" when Issued; "w w," with warrants; "x w," without warrant!. Industrial Slock Average Bonds 102.16 103.09 103.07 107.19 72.02 103.09 106.91 91.73 106.21 101.98 41.63 72.10 103.10 106.83 91.58 106.29 101.95 H oc —J 72.39 103.10 106.56 91.54 106.05 101.81 107.24 91.89 91.96 Compiled by National Quotation Bureau, Inc. 40 ities 106.14 72.53 , • 46 Va )-» CO (35 Stocks) 10 72.79 r High 71% 10 10 . • Jan. Jan. 1 Low 47 Feb-Aug Bonds 10 80 Range Since — compiled by Dow, Jones & Co. Stocks ... 102 b $71 June-Dec daily closing averages of representative stocks and bonds as 101 Vb 85 87 ' Exchange 120 — —May-Nou May JFridav's bid 81 78b Jen-July the New York Stock on 96 1071'8 120 Sold Bid & Asked Stock and Bond Averages Below ~ 96 107 1 » 101% 101% 101 3'B :—'-Feb-Aug Interest stamped Bank prlncipalY 86 1957. 96 h,o 99b ... ......Feb-Aug 1952: 63 -- „ 56 99b __ 84b 1955 ; 102% 62 — $30 — Mar-Sept 7s stamped 1951 Bank of Bogota— (Republic to A Russian . June-Dec coupon 1 102V2 stamped. 'Plan A) Interest/ C r ... 5s Waterways Bank Interest ^03% 118b __ ____ market C — 108 e0% A Sec— 63 V4 Union— iPerui (issue lAortgage 58b $63b June-Dec 1954 1953— 6 bs City AMedellin ' "" " $30 J an-July x— — 1955. A7s• (issue ,of $57 __ 1956 stamped, (Plan Ai Interest reduced to 2'8s 2008— 106% 5110b 111 103b " H 1950 59 Maranhao 113b 1953-.- 1958—.— (Aug* 1941 coupon) series ,F* 1952 : A7s External Danc.ig Port & 106b 108b RR— on) A7s L7s "5 351 1953 Power 3bs .1963 Western ACbs series series 5bs ALiina —$42 Ry 5 • — 103 109b 113b __ Mar-Sept (coupon Ex-coupon L73 103 106b 106b __ $60 V4 1956 coupon debentures External . Mtge Bank-— International. Power 1 1 103b 106b • L6bs 99b $103% 105 $103b J.04b __ ...Mar-Sept coupon coupon Western Mountain series' 110b __ May Co— 1940 1947 57 b Hotel— Agricultural Mortgage Bank (Col) A 20-year 7s Apr;l 1946 A20 year 7s Jan 1947— Bogota-'tee Mortgage Bank of) ACauca -Valley 7s 1948— Danish Cons Municipal Loan—- 104b 108 — —May-Nov 1956 58 46 3 Co— 1940 debentures t s AMortgage stamped. 1961 _• Grand 10434 7 Is Marell'i A6bS A6bs 104% ''| IJ['r"'"l!ltT ' ' 1993 49% 12 52 102 b 102% 102b Low RR—■ A $30 106% 103 U3b —Jan-July Water Lt Ercole 106b 3d ... '—.—April-Oct mortgage 4s series B 1993—— Gas & Fuel 3bs 1965— 62 b b 106 77 __ Division— series 4s mortgage Eastern 105b 92b ; 81V* Friday Mortgage List 49 b 62 b ...May-Nov — BO N D s . 1954 46 — New York Curb Exchange A7s Lack Lackawanna of 1st *5 104b __ 1 Newspaper High 10834 109b ioo Jen-July City)— 49 46 1953 .... Traction conv 10834 104 Muy-Noy. 4b.s 1 108 104b 104% ■ mortgage Low 9 109b 2bs series T 1976—Jon-July 2bs series U 1981 April-Oct (Bait 96 131 81V* Jan. 1 No. 104% April-Oct debs 1962 conv Consolidated 89 V* 131 — Authority— 1947 coupon 1 income A External mtge 2bs ser Q, 1976 ref 2bs series R 1981; • 1st Sold High 108b (Bait)— ref 1st — Jan-July 1953— coupon Washington Water Power 3bs $163.b 180 — —_ 3 81b Range Since $106% 107 —.Jan-July Dec Dec cx A5s Jan 105b 105b 105b 1947—1978—„Jan-/uly Registered———i Consul Gas 108 —Mar-Sept 3s $79 — - . Bonds Bid & Asked Corp 5s debs 1948—Jan-July Co-debenture 96 138 106% Foreign Governments and Municipalities Week's Range La*t Authority— series revenue Cities Service 96 — 106% Jan 10 Quar-Feb — 104 3/B — Jan b -- June-Dec 1954 1940 Service Jan 3b "lb 1970 1 Electric 6b 9b 6s Y i. 1947 coupon 1969 100 Teriod — 104 Vb • 1946 revenue 100 Appalacian Elec Power 3bs 1970..—.——Jane-Dec Atxhtic Ciry Electric 3bs 1964 (—Jan-July Bell Telephone of Canada 5s series C l960.Ja.«e-Dtc 1998 1 — * Bridge & Tunnel 200 Interest 6s 105% 106 Industries— Aug 1 tx 3b Low Steel 1C9% 104% 104 b $132 96 ___April-Oct _i— stamped 1946— -a_—a—--Jkpril-Oct A6bs with* Aug 2b 18b Friday Bethlehem 109% Hydro-Electric Co— 300 — Exchange 105 VB 105 $106% 107 Va 1950—.April-Oct 1966 stamped (Hugo) ) 7-4s; ' New York Curb 5s trust Corp— Gb — BONDS 105 Jan 17 b Inc "Hugoi A"7-4s Jan 29 b 6b > 162 4 $101 b 104 — . collateral 10b 10 v4 deposit receipts—5s preference.. £ 1 Wright Hargresves Ltd.— * - 14 104 Vb 104 VB — —.Jart-July Jan Ltd— W) American .'..April-Oct .1 1971 Jan 29 — - 106 $103 1 13b 106 b Feb-Aug 1973 4b b 13 b 100 common—. — 104b 105 V* 106 B^b 3 b 2 Woedley Petroleum B 3bs 1970.. (Calif)— Gas 3s 10b ■» Lt scries 3s California Gas motrgage 1,200 10 b 25 — 160 b — $109 '.4 109 y« 105 Mar-Sepf —Jan-July 100" 21 6 M Counties 1st 3b . 1 $102b Mar-Sept i Southern 18b :_i Inc common preferred w w Winnipeg Elec common 6s 109 7b * 1 $104 VB 105 b __ May-Now 700 11,600 * 3 —5 ; Corp 3s 1981 1973— ref 18 b ; — 161b 161b — .....ucuAprfi-Oct Power 1 eb -- 1 10 Water 8% .18 . ...Jan-Jufy Electric— Southern Jan Jar and Stinnfes — $30 Co— 1998 Southwestern Gas & Electric 3bs 1970—.Feb-Aug Spalding ( A G) 5s 1989_a : _____.May-Noo ; 29 b — 1 Co & Products (F Jan b " sb 30 V4 Gas & — Jan 1 l8 lb 8b 160 Gas 1952 series-A 1st Jen " Corp..— Corp. Pwr 10b — 1st pfd—100 5b Wisconsin 700 lib , 1 .20 <fc Wilson Brothers Jan 8b * Oil C) lb 1 6b 1 Mfg (Wm) (The) Jan 8 lb Stationery com..—* Inc. Shoe River Jan lb Jan 109 * 1.25 ; Wmmoreland CoalWestmoreland b 700 1 Vb warrants— Corp-—i J; Tablet 1,100 lb lb ' Western Maryland.Ry Western 8Ve lb - — 10b 1 Manufacturing. Texas 600 * .30 — Watch. Co lb 8b * lb Harbor 3 bs lb 8*,b — . 1 Borough I960 coupon debentures $60 V* San Joaquin Lt Pow 6s B 1952 Southern California Edison 3s 1965 lb ——— Waitt 1947 1 1960 coupon Electric & 6'7> 5bs series A W Wagner Baking voting trust ctfs ext-ib. 7b preferred 100 1940 Jan 4 Safe Waco Aircraft Co 1 Jan 13b Oct ex Service 50-year Jan 2b 13 Va 2% 20c Manufacturing A6bs 5% 63 * . Petroleum.— Venezuela Vcgt 5 b ,——5 Vanadium-Alloys Steel Co Oct 106.24 106.24 102.11 102.11 Date— Closing Jan. 21 36.02 High Juri. 23 36.09 Low Jan. 24 35.99 Jan. 25 35.87 Jan. 26 jan. 27Y —. — — Range lor 1950 36.31 Jan. 12 35.13 Jan — 4 Range for 1949 35.82 High 35.87 Low — 35.20 Dec. 31 27.79 Jun. 15 28 COMMERCIAL THE (488) & Transactions at the New York Stock Exchange Transactions at the New York Curb Exchange Daily, Weekly and Yearly Daily, Weekly and Yearly Number of Week Ended Jan. 27, 1!)5Q 3aturday Monday and Miscel. $1,022,900 3,296,000 3,138,000 1,342,970 ; Tuesday 1 249,670 Wednesday Thursday 4,237,000 3,058,000 3,513,000 1,701,010 1,153,095 1,251,240 i Friday Total Bond INumber Bonds Sales $10,000 j $10,000 Monday Tuesday Wednesday Thursday Friday $15,000 89,000 2,145,000 10.116,700 15,180,000 98,951,300 59,346,600 $17,354,500 $21,742,800 Total 231,000 148,000 10,000 432,000 199,000 104,000 15,000 318,000 $1,069,000 $338,000 $42,000 $1,449,000 $109,172,000 WEEK FOR 1,495,850 4,476,617 $760,000 $3,446,000 $3,032,000 338,000 228.000 1,119,000 1,088,000 42,000 24,000 155,000 13,2,000 1,449,000 government Foreign corporate Foreign $1,012,000 $4,720,000 $4,252,000 . Total STOCK RANGE EXCHANGES ENDED JANUARY 27 Last Exchange Week's Friday Range for Week of Trices Shares Range Sale Price Par American Agricultural American Sugar American Tel Albany Edison Boston RR Stamped _ 1 _ 6% Lines _ Roy ale Kennecott Loew's Maine * Co ___ .. Corp . _ ___ __ _ Waldorf 410 4% 37 4% 15 67% 344 14% Brands 39% Jan Standard Oil Oil Jan Jan % Jan 78% S (Ohio) Roller Steel common 64 25 73% 35 71 Jan 75 Ry Co __ _ 38% 95 38% Jan 41% 23 22% 23 2,065 21% Jan 23 36 36 295 Jan 39 67% 68% 295 Jan 69% Jan x36 66% Jan Corp __ 41% 42% 2,123 41 Jan 35% 36% 797 33% Jan 36% 10% Jan 10% Jan New Detroit 10% — — — ' 10% 82c Jan 1% Jan 50% Jan 54% 20 15 Jan 15% 20 _ _ 15'A 15% 14 Jan 15% 70 70% Jan 75% 134 47% Jan 51% 55% 325 52 Jan 55% ; Tel Yard Jan 8% 17% 17 Jan 18% 30c 1,700 17c Jan 30c 2,508 10% Jan 11% Jan 96% Jan 29c Jan 70c 97 Jan 97 Jan 17% 95 52c 58c 97 97 — S 7% 630 1,000 11 16% 17% 999 16% 4% 125 4% Jan 4% Jan 1% Jan 1% 1 1% 5% 5% 5% 88 5% Jan 6% Jan 20% 21% 325 20% Jan 22% Jan 18 18% 100 18 Jan 19 Jan 34% 35% 23% 34% 70 Jan 36% B Jan 22% Jan 21% 66 Jan 142 66 Jan 69% 269 25% Jan 27% Jan- 14 35 % Jan 36 Jan Jan 25% 35 % 663A 26% 35 % 27% 28% 265 25% Jan 28% Jan 31 31% 130 30% Jan 32% Jan 25 Jan 55% 57% 4,460 53% Jan 57% Jan 48% 1,250 45% Jan 49 % Jan 40% 41 41% 200 116% 116'/a 124 40% ...100 14 14 31 30% 31% ■. Jan 41 Jan 37% 135 39% Jan 41% Jan 116% 14 Jan 14% _ 33 Jan Week's Mfg Biscuit Burry Chrysler Corp Consolidated for Week Shares Power Low Jan 2% Jan 5% Jan 6% Jan 14% 14% 1,261 13% Jan 15% Jan 10 10 100 10 Jan 11 Jan 29% 29'A 362 29% Jan 29% 86c 86c 300 86c Jan 86c Jan Jan 15 Jan Jan Range Since January 1 Low High High • _ 14% 4,883 4% 4% 100 3% -_25 64% 64 % 309 64% Jan 67 % Jan 10 20% 20% 260 20 Jan 20'A Jan « .... 33 3A 34% 712 33% Jan 34% Jan 6% Jan 7% Jan 14% T- 6% 1 5 __ _ 22 % Industries _ 2 19% Jan 20% Jan Graham 20% 16% 16% 100 14% Jan 16% Jan 18 18 25 15% Jan 18 33% 50 33 Jan 34% Jan Hall 31 32 Jan Jan 22 % Jan 100 2 Jan 2 2 ' Jan 5 5 100 5 Jan 5 Jan 36c 600 30c Jan 44c Jan 21% 16C 21% Jan 22 % Jan 4% Jan 5% Jan 5% 610 4% 12% 12% 300 12 Jan 13 Jan 71% 71% 1,037 70 Jan 73 Jan 3% 4 % 575 3% Jan 4 % Jan 1,200 10% Jan 11% Jan 1 _ 3% Jan 33% 8% Jan 8% 1 _ Goebel Brewing 20% 171 Jan 22 10 _ Motors _ 950 7,312 35c Manufacturing class B General Corp 8% 22% 21% Gemmer Gerity-Michigan 697 Jan 1 _ _ 7% 4% * — _ _ 22 1 common _ 8 % 8% .20 common Jan 14% Navigation Brewing Wood 14% %c 12 ... common Truck High 2% 600 14% common Iron Motor Low 200 5% 1 ... _ Gray Ale Range Since January I High 2% * common Edison Low 5% _ .. common Paper Davidson Bros Gar for Week Sales Range 2% • common Fruehauf Trailer Shares common Burroughs Adding Machine Friars Sales Range Exchange Week's 1 _ ___ Brown-McLaren 215 30% Jan 32 26 % 26% 30 26% Jan 28 ~5% 5% 5% 1,788 5% Jan 50 73% 73% 74% 650 73% Jan 13 13 25 12% 31% * 17% 17% 18% 75 Jan Jan 13 Jan King-Seeley Jan 19% Jan 33 33 25 25% 46 46 Lock & common _ Car Mfg common... common 12% Jan 12% Jan 320 14% Jan 15% Jan 100 4% Jan 4% Jan 1 5 5% 520 4% Jan 5% 22% 763 21% Jan 22% Jan 1% 1% 100 1% Jan 1% Jan 41% 41% 201 41% Jan 41% Jan 7% 7% 100 7% Jan 7% Jan Jan 1 __ Lakey Foundry & Machine common 10 33 Jan 33 Jan LaSalle 145 25 Jan 25 % Jan Masco 7 46 Jan 46 Jan McClanahan Wines 1 _ 10 common common 105 59% Jan 60% Jan Jan 85Ve Jan Motor 2 221 Products _ _ —1 _1 _ Jan National 20% Jan 23% Jan National 13% 40 11% Jan 14 Jan Packard 71% 100 70 Jan 71 % Jan Parke, Davis common 21% Jan 225 Electric Welding Stamping Motor common 33% Jan 38% 33 47% Jan 47% Jan Jan 8 % Jan Rickel W) & ; • 1% Jan 1% 1% 1,420 1% Jan 1% Jan 63A 513 6% Jan 6% Jan 275 28 28 Jan 30 Jan Jan 3%' Jan Jan 149 % Jan 28% 29% 263 26% Jan 29% Jan Soss 30% 30% 425 29% Jan 30% Jan Superior Tool 72% 71 72% 153 67% Jan 78% Jan Paper common . 2 5 1 10 Udylite Corp 149% 155 146% Manufacturing 100 3 Jan 23A 650 2% Jan 4% 4% 520 37% 37% 37% 1,042 35% Jan 38 Jan 40 40 Jan 4 Jan 52 31% Jan 33 % Jan United States Radiator common 12% 1,282 12% Jan 13 Jan Wavne 8crew Products Jan 8% Jan 548 37% Jan 40 2% 625 2% Jan 3 7 7% 550 7 Jan 7% Jan 2% 4,318 2 Jan 2% Jan 2% 2% 12% 12'A 12% 1.575 12% Jan 13 Jan Jan 9 9 9% Jan 2% 2% 200 2% Jan 2.% Jan 11% 11% 1.563 10% Jan 11% Jan 4% 4% 200 4% Jan 5% _ Jan 1% 1 % 200 1% Jan 1% Jan 29% 325 Jan 29% Jan 1 640 9 Jan ■ 8% Jan 4% 23A 2% —— 11% 33% 70 2% 1 12% Jan i 1 Co & Die 33 8% 3% 2% * _ Scotten-Dillon 29% 30% 3% 23A — Manufacturing 10 Ve Jan 1% 28 1 2 _ Co Raisin 25 8 1% 500 6% 6% « Pfeiffer Brewing 8% (H _ _ Car 50 8% 700 13A 1% 1% 1% Jan 225 65 1 1% * common 270 Jan 1% 2 . _ Michigan Bumper 80 8% * — 1 Oil 47% 12% 213A —— Products Screw 1,122 71% -* Jan 225 Jan 38% City Products 6% 43A _ _ (S S) 8% 10 Jan 12% 46% Drug 47% Service 5% 14% Kinsel 84 % 148 620 4 3A Kresge Co 60% 21% 148% Jan 53A 12% Jan 38'A Telephone & Telegraph—100 2% 14% Jan 81% 225 Jan 5 -- __ — 60% 82% 2 —2% Raiser-Frazer 112 222 5% 5% 2 ■ Motor Hurd 5% 11% 2 — -12% Manufacturing Hudson 44 45 5 Hoskins 75 44 % 45 . 1 _ common Jan Jan 30 Lamp 10% 1 Motors common Jan 112 112 112 17% 130 Paige Armco Steel 1 2-5525 of Prices 2 Manufacturing common— Briggs Federal Exchange of Trices _ _ Rubber Baldwin Chesapeake & Ohio 3S "* 1 _ Metal Prod Rudy page 11 1 _ _ Jan Jan Stocks— ?te Exchange DETROIT Last common Brewing American Consumers 30% 50 Altes Jan Jan 115 913 Electric Allen River Curtiss-Wright York Curb Chicago Stock Exchange Par 8 Columbia Gar New Sale Price 50 Preferred Western Bank For footnotes 21% Friday Jan 46% 57% 25 12.50 Jan 23 260 23% — Playing "cardllTlIIIIIIIIIIIIIlO Printing common • Cities 128 Detroit Stock Jan 1 200 100 * preferred American Jan Jan 4% 17% 25 * & Gamble. Unlisted 12% STOCKS 13% U Jan Exchange Jan 11% 92% * Kroger S 13% __ Jan 11% 93% 100 220 50 Kahn preferred U 96 Jan 8% -10 class 12% 22% Telephone: WOodward Jan 95 8% 100 preferred Hobart 8 r,'o Jan, 12% Jan 25c 20 • Insulation Randall 17 Jan 17 25c 11% ._10 ♦ Picher Procter Jan Jan — 10 Early & Daniel Hatfield 16% Jan 54% common_8% Machine Cincinanti Union Stock Formica 16% 125 Exchange Jan 51% 15% 25 Electric Street Eagle 14% Building Jan 75% 49% Stock Ford * * Paper Stock York Jan 20 Mach Brewing Bell Jan Jan 50 8 Sub 12% Jan 13 Last Baldwin & 70 Membere 42% Par Cine 13% Watling, Lerchen & Co. 36% Friday & Jan 13 16% 43 %■ Jan Sale Price Milling Jan, 29% Jan 64 75 % STOCKS Gas 17% Jan 31 % Jan 68% 62% Detroit Cincinnati Jan 27% Jan Cincinnati Stock Cincinnati 16% 50 Jan * Inc Cincinnati 95 Jan 38% 40% —25 .. Electric Champion Jan 17% 28 __ Westinghouse Elec Detroit & Cleveland Burger 4% — • (new) Jan 28 22 .10 * — Bearing Jan 3% 17'% 66% * 25 J) Janj __ 5 (N 13% 33 % Jan Jan 4 71 5 Laundry 50 Jan Jan Jan 13% 16% 15 Oil Co Southern Detroit American 4% 35% 11% 32 __ * Corp Socony Vacuum Jan 64 10 System Radio Jan 73% 15% • Mass 53 136 — -—50 * Timken — Co Westinghouse 14 % 655 4% Oil Jan • Machinery & Pure Jan 4% 12% 33% 4% __ Car Pennsylvania RR 79 1 Shoe Vermont 14% 38% 14% 15% __ _ Motor 22 • Inc preferred Packard Jan 10 United Rubber 35% 12 33% • • 47% Jan 2.50 Co S 50 • Register Central Jan 45% 2,259 365 50 __ . Fruit 6% Jan 82c —100 United U 35% York 5 Stores Ohio Edison Jan 2.50 Drill.. Twist 46 100 System Tel Stop & Shop Inc.— Union Jan 111 54% 1 _ .... 35% Cash National New Jan 5 Machine _ Jan. 19% .1 . RR Torrington Co Jan 72% 66 — H> Webster & 43% Jan 250 * Drug Co Stone 118 Jan * _ (N Folding Rexall Jan 100 Cos Quir.cy Mining Co. Reece 115 107 82c __100 _ Electric Pennsylvania 10 25 common England Tel & North Butrp Mining RR Jan 68% 250 _ Linotype England 28% 428 330 53% 15 New Northern 1 ... Nash-Kelvtnator New Jan 41% 266 19% ' j _■ Service 36% 90 72% 79 • Narragansett Racing Association National Jan 42% 71% Dep't Jan Jan Jan 70% • _ Chemical Mergent.haler 32 31% » RR 34"% 42 72 19% 4% • Theatre preferred 123 42% 10 75 100 Copper Central 5% Mathleson 36% _» 74 5 • Copper 35% Electric Standard 100 _ Inc Razor Boston Jan Jan Jan 31 Jan Motors Standard 45% 38 38 100 . _ Bakeries Hathaway 27% 30% Ry— Stores Safety 146% 1,330 High Low 75 30% 1 Range Since January High 30% General U Electric Gillette 14% .100 RR_. . Street National General 45% 149 % 3,730 30% i General 19% Employers Group Assoc First 115 110% 10 Mass 29% 115 Prop Trust series A preferred class E> preferred adjustment SS 28% 32 110 110 100 1st preferred 5% 28% Jan Railroad— Hecla & Eastern 147% 149% 32 (-* o o 1 Service 6% Jan ___100 _ Providence & Eastern Jan 41 Railway— Personal Cities 45 Jan 100 pfd_ _ Maine & Calumet Jan 38% 148% prior preferred Eoston 41% 70 25 Elevated Boston 235 39% Copper & Boston 1% 43% 38% * Anaconda Boston 41% 50 Blgelow-Sanford Carpet 6% Boston High Low Lieht & Power Federated Range Since January 1 ■* Tel.. & Shares High 100 Chemical- Refining Woolen American Davton for Week Low Low Par Sales of Prices Last STOCKS Sales Week's Friday Sale Price STOCKS Boston Stock t 1949 7,566,316 $1,069,000 Domestic $66,307,500 OTHER Jan. I to Jan. 27 1950 1949 1,176,441 shares Bonds 6,728,900 18,864,900 Industrial & 212,000 10,000 .'950 $65,000 167,000 2,811,900 Railroad 5,000 19,000 Week Ended Jan. 27 $3,000 26,000 Foreign 6,000 54.000 274,000 1949 56,000 $10,000 194,000 $2,000 188,000 153,000 17,911,964 38,515,085 Bonds Bank International Total $62,000 202,000 1,495,850 Stocks—No. of U. S. Government $7,000 104,430 293,555 241,470 318,240 238,540 299,615 Saturday Jan. 1 to Jan. 27 4,660,965 7,248,835 Corporate $21,742,800 1950 1949 .'950 , shares of Foreign Government $55,000 Shares) Total Week Ended Jan. 27 . Stocks—No. Bonds {Far Value) Foreign Domestic of Week Ended Jan. 27, 1950 $1,835,900 3,907.500 3,570,400 4,751,500 3,409,500 4,268,000 ______ $56,000 $2,811,900 $18,864,900 7,248.835 Stocks Government $6,000 25,000 25,000 $207,000 586,500 397,400 514,500 351,500 755,000 - Total Bank Bonds United States Bonds Foreign ■ Bonds Sliares 550.850 — Int'l Railroad Stocks Isle 1950 Monday, January 30, CHRONICLE FINANCIAL common Young Spring & Wire common— 1 * 29 27 Volume 171 Number 4377 THE COMMERCIAL & FINANCIAL OTHER STOCK RANGE Los Friday Week's K •■.. Juneau (Alleghany i Gold Corp Alils-Chalmers (American (American Amer 10 Power Tel American & (Un)__ • (Un) St (Un) San Tel & Co Copper Steel Co Avco Manufacturing Corp (Un) 32 3% Jan 4 34 Jan 1614. 29 a__ ' a 32 30% Jan 28% Jan 29 Jan 486 70 37% 17 5% 6 8 Jan 109 555 9% Jan Bros Corp Barnsdall Basin Oil 'Bendix __5 20c Cons Bethlehem (Un) Corp Jan PI (Un) Corp Corp Airplane Company Boeing 50c Bolsa Chlca OH Corp (Un) Borg-Warner Corp (Un) • i Budd Co California Calumet Gold Mines 17 4% Jan 25c Jan Schenley Industries Seaboard Jan 19 Oil Sears Jan 25c Finance Seaboard Jan • Caterpillar Tractor Co 13 Jan 36% Jan Jan 6% 3,300 5% Jan a49% a49% 270 23% Chrysler Corp ! Cities Service Co ___25 46% 26% 1 10 a__ a— 8% 14% 165 23% Jan 23% f Chollar Corp & Consolidated Edison of Consolidated Continental Oil Creameries Crown / Sav Co Zellerbach 1 (Un) 5 Co Industries Electric Bond Electrical Products 5 Corp 4 Exeter Oil Company Ltd A 1 Farmers and Merchants Natl Bank_100 Fitzsimmons Stores Ltd class A 1 Garrett Corporation General Electric General Foods General Public (B • Corporation Motors General Goodrich (Un) Corp Util F) (Un) Corp 5 Hilton Hotels Holly Hudson Hunt —* Corp 5 Development Co Interlake Iron International 25c 10 of Can (Un) Petroleum Lockheed Aircraft Inc . McKesson & Robbins Inc Menasco Mfg Merchants (Un) Inc (Un) North Central RR Corporation Co Northern Pacific Northrop Aircraft Occidental Ohio Ohio Oil 6r,'( ( Un) & (Un) American 305 Jan 9% Jan 17 Jan 43% a— a 72 1,562 16% 437 a76 128 109 44% JaiP." 642 10% Jan 69% Jan 16% Jan- Jan Jan Jan — 46% Jan 112% 350 11% Jan 12% 1.75 4,250 1.65 Jan 1.85 1,832 Jan 15% 9% 525 9% Jan 10% 375 35% Jan, 38"% 2,000 4%c Jan '* 7%c 9% Jan 10% Jan 2.25 3,500 75 13% Jan 13% Jan 320 28% Jan 29 Jan 28 % a34% a35% 11% 12% 98 700 2.10 Jan a__ 9% 2.30 Jan a__ Jan 13% 5% 765 4% Jan 5% Jan 17% 17% 405 16% Jan 17% Jan 299 51 Jan 51 Jan 45% Jan 46% Jan 8 Jan Jan Jan 26% Jan 26% Jan 310 310 310 10 14 14 658 11% 75c 77 %c 400 75c a39% a39% 18 1% 1% 600 80c 70c 80c 4,100 18% 18% 18% 393 3 3 100 56% 306 Jan 310 Jan Jan 14 Jan Jan a__ 1% 70c 17% 3 89c Jan a 2 Jan Jan 90c Jan Jan 19 Jan Jan 3 Jan 56% 576 1.60 1.60 1.65 400 1.60 Jan 1.65 Jan 17% 17% 770 17% Jan 18% Jan a9% a9 a9% 100 8% Jan 9 % Jan 22% 22% 500 22% Jan 24% Jan 12 12% 570 13c 14c 16,500 11% 11% 19 19 150 54% Jan 56% Jan Jan 13% States Warner Bros Air Jan 14c Jan Jan 11% Jan 329 18% Jan 19% 18% 130 17% Jan 18% Jan 6% 250 6% Jan 7% Jan 23c 23c 1,000 1.50 1.60 2,275 a33% a33% 169 27% 241 a20% a20% 45 32% — 103% • 4% 1 27% a 20c 23c Jan Jan / 1.65 Jan 31% Jan 33% Jan 27% Jan 28% Jan 1.40 21% Jan 21% — — 34% 1,226 33% Jan 34% 35% 36 300 35% Jan 36 32 % Jan Jan 33% 53% (Un)—2% al8% page 36 26% 552 26% Jan 26% Jan 29% 254 29J/a Jan 29% 32 342 31% Jan 32 Jan 28% 525 28% Jan 28% Jan 34 % 150 34% Jan 34% Jan Jan Jan 12'/a 12% 3,054 11% Jan 12% 52 % 380 50 Va Jan 53% 35% 35Va 506 35% Jan 37% Jan 22 22 337 21 Jan 2,2% Jan 61 — 62% 2,427 61 Jan 64% Jan 43 /Jan 43 Jan 43 428 66% 66% 603 66% Jan 68% Jan 21 Va 21 y8 125 21 Va Jan 21% Jan 26% 26% 557 26% Jan 28% Jan 10% 10% 1,264 — 66% „ — 43% Jan 10% Jan 11% Jan 65 19% Jan 19% Jan a36% a37 115 36% Jan 36% Jan a59% a59% a60% 252 60% Jan 61% Jan — al9%al9% Air a43% 26% Steel Inc Tel (F W) Co Mining Jan 16% Jan 17 % 173 16% Jan 19 9% 1,146 8% 23% 293 23% ' a43 a44% a84% a83% a85% 136 a25% a25% a25% 82 al3% al4% a— 211 14% Jan 3% __ 3% 700 3% 337 18 Va Jan 26 Jan 18 Va a23% a23% 77 a22% a23 40% ,100 23 63 40V2 . — 38% 27V2 28Va 3,461 25% 15% 15% 16Va 778 14% 8'/a 8'/a 250 21% 21% 314 31 31 31% 602 4 a20V2 a20 a20V2 10 a49% a49% a50'/a 10c 3c 3c Jan a— ■ 28Va 12.50 ; Jan 18 Va __ % 15% 3% 19 Jan Jan Jan Jan Jan 23 a— Jan 41 Jan Jan Jan 28% Jan 16% Jan 9% Jan 21% Jan 21% Jan 30% Jan 32% Jan 8 46 a— 250 a— 3,100 Jan a— 26% __ (Un) Jan 27% (Un) (Un) Jan 44% Jan • Co Jan 25% Jan 5 (Un) 9% Jan 25% 1 (Un) Jan Jan 42% , Jan Va 385 25% 1 Co 14% 3,011 1 Corp Jan 8,960 26% 10 Inc Kentucky Coal Co Gold (Un) com 24% 16 Va 9 I Westinghouse Elec Corp West (Un)_* (Un) 11% Jan 23% 10 Theatres Jan 23 9V4 25 interest in a 11% 1,875 17 % — • 5 a 80 24 15% 16 Va 1 50 16 all all% 23% 5 (Un) Corp Pictures Union a71% a72% — 2 Jan a__ a__ 2%c Jan 3c Jan Midwest Stock Exchange Acme Laboratories Steel Adams Mfg Admiral Co (J Brass American Airlines Investment American Rad American Tel Armco Armour Athey Tel Copper Steel & Asbestos & Co Products Mfg W ( Belden Mfg Bruce (E Burkhart L) (F) Butler Bros Canadian Centlivre <fc 2,123 146% Jan 149% Jan —50 28% Jan 10% Jan 23% 30 1,395 28% Jan 31 Jan 29% 431 27% Jan 29% Jan 9 8% 9 % 4.700 7% Jan 9Va Jan 1% 1 Va 1% 550 1 Va Jan 1% Jan 5 5 5% 1,000 4% Jan 5% Jan 5 __ 2% 5% 6 2% 6 350 1% Jan 2% Jan 1.700 5% Jan 67/a Jan 50 21% Jan 21% Jan 36 Jan 13% Jan 21% 21 % 36 34 36 550 33'A 13% 13% 13% 500 11% Jan 35% Jan 37 36 36% 1 5% 37 1,355 Jan Jan 1.850 4% Jan 6Va Jan * 33% 32 33% 2,100 30% Jan 33% Jan _2% 14% 14% 14% 120 14% Jan 14% Jan 13 13% 300 5 57% 56% 57% 1,110 • (Un) 54% 53 54% 250 39% 39% 92 6 —10 Inc 15 Co _ - — 2% 8 —10 common (Un)- 25 1 Corp common Jan Certain-teed 103% 103% 50 103% Jan 103% Jan Cherry Burrell Corp Chesapeake & Ohio (Un) Chicago Corp common Products 14 Jan 59% Jan 52 Jan 54% Jan 39% Jan 40 Jan 18% 450 17% Jan 19 Jan 31 700 29 Jan 31 Jan 16% 500 16% Jan 17% 10% 10% 11% 2,400 9% Jan 11% Jan 15 14% 15 Va 380 14% Jan 15% Jan 3% 3% 3,100 3% Jan 3% Jan 4 Jan 3% 5 3% 100 3% Jan 15 Va 2,900 14 Va Jan 36 36 36 % % 2% 2% * 3% 14% xl5 1 common preferred Jan Jan 18% * __ 13 56% 30 3% _ West Corp 6 16% 30% 12% - Jan Convertible 9% 28% 3 Corp Jan Jan 148% 149 % 148% 1 63% Jan Jan Jan 10% 1 32% Jan Jan 22 % _ Corp Illinois Light Convertible 2,000 29% 14% Manufacturing South Jan 1,000 Jan • _ Brewing 26% 29% Jan Jan Carr-Consol Biscuit Central Jan 21% —10 Pacific 4 28 29% 3 Burton-Dixie Corp Jan 13% & Sons Co 3% 1,100 _ Shoe 560 1,340 Laughlin Inc Eorg (George W) Corp Borg-Warner Corp (E J.) 4 4 _ & Brown Jan 3% 14% Co Steel 3% 22 _ II) Brewing 7% Jan 10% Corp Aviation Berghoff Bethlehem Jan 3 13% Bastian-Blessing Co Bendix 6% 10 (Un) Corp Co Jan 450 400 21% Automatic Washer Barber 17% 7% 3% —1 _ 54% 4% Jan 2,000 7% 3 3% 5 Co Jan 10 24 Co (111) Mfg Jan 20% 23% 23 % 10 Jan Jan 21% .1 100 Mining 53% Jan Jan 50 (Un)__• San (Un) 61% Jan 16 * Co 32% 9 Jan 1 175 19 16 ROn (111) 755 202 16 ... Stand 813 140 Jan 16 (Un) & 63 % 9% Jan 21% • 32i% 19% 54% Jan 1 53% 9% Jan 19% (Un) American Bliss 51 1,100 Laboratories Anaconda High 1,725 20% Bearing Manufacturing Alleghany Corp Allied Low 54% 20 % * _ Roller & Range Since January 1 High 52% Dl Corp Ball Akron Low —10 Co Central 19% Shares 5 _ Central 111 Secur Corp 840 for Week Par Abbott f- 4% Sales Range of Trices Friday Jan Jan Week's Last Sale Trice STOCKS ■ 2 20 20 325 35% Jan 15 Va 36% Jan Jan Jan 1,450 2% Jan 2% Jan 100 19% Jan 20% Jan 15% Jan 16% Jan 16% 16% 10% 10% 10% 575 Jan 11 % Jan 30 30 30% 1,100 28% Jan 30% Jan 13% 12% 13% 3,429 12% Jan 13% Jan 200 64% Jan 65 Jan 20 Jan 20 1 (Un) 5 _ 25 - * preferred Chicago Elect Mfg class A $2 pref Chicago Mil St Paul & Pac vtc _ For footnotes see Jan 52 % — 10 62 4 34% 34 % • (Un) 53% 4% Jan Jan a36% (Un)_. Inc Lines Western Jan 11c 6% — of United Brach 11% 10% 15% 34% 28% 12% Jan 2,231 31% — 14 % 34% 29% 31% 90 34% 26% 10 (Un) Corp Paramount Certificates Avco Jan 17% — Co United States Rubber Co Jan 18% Jain 10 (Un) . Aetna Jan 5 a53% a54% al4% al4% 34% 50c Jan 1,350 5c Jan 10 Jan Jan 17% — 17 2B Corp Jan 35% 24% — Jan I com Jan 24% al8% 16% Jan 550 __ 1,249 • (Un) Jan 15 235 14c 16% Jan 25 Jan 105 12% 171 12% 16% 36% Jan 25% 1 16Va Jan Jan 11% , 171/4 • Jan (Un) Carbon Lines Woolworth 24% * Inc United — Zenda 25% 25 (Un) Air Jan 17% • Co Aircraft Jan 24'% __ Jan 24 25 Western Calif RR United 17 25% _• 22c Jan 34% a__ 1.40 — & of United • 73 a__ Jan 1 Co Western Jan Jan 25 - Airways Corp Pictures Jan 7% 25 common —. Lighting Corp $4.50 preferred Pan Jan 1.20 • of Calif-,. Pacific Paramount Jan 1,700 8 Car 13% 46c . Jan Jan Jan 1 Corp Corp 19% 13 37c 1 preferred Pacific Indemnity Company Motor Gas 1.35 __ Jan 22 Corporation United 2.10 . 10 5 % % Packard United Jan 1.30 1 Elec preferred Jan 19% Jan 1.35 (Un)_100 Inc Company Pacific Gas 74% Jan 120 1 (Un) Co Finance Jan 19 % 18 1,213 • Inc Co Edison Pacific (Un) (Un) Railway Co Petroleum Oil Oceanic 72 % 1 Limited Aviation American Jan "«■ 5 Distillers Prod Corp American Jan 22% 1 Mng & Dev Co Corp (Un) National City Lines Inc New York 8% Jan 7% 1 Co Nash-Kelvinator North Jan 22% 28% 1 Nordon 7% 10 46 % • National Pacific 46 Middle South Utilities Oil Union 100 7% Monogram Pictures Corp Montgomery Ward & Co Diablo 7% 8 7% 1 Mt Carbide al3% al3% __ 20c 1.140 25 Century-Fox Film Oil 9% __ 850 2.030 25 (Un) Co & Union 9% Jan 36 Corporation Transcontinental Union 5c 6C 22c (Un) Oil Jan 35% 2.25 18 Co Petroleum Assoc Jan 9% 1 Mascot Oil Company Tidewater Jan 12 5c Jan 22% 1 14 14 6c 34 Va 25 29% 105 1,000" 22 common Jan 253 Jan Jan 6c 20c preferred class B Company (Un) Jan 100 (Un) Oil Corp 7% 105 — 1 Angeles Investment Co Inc 29% 1.65 __ Jan 73 37% 6c 34% com—2B (Un) (N J) 200 71 12% • (Ind) Co Webster 306 11% 43% Jan Jan IB (Un) Texas Company (Un) Texas Gulf Sulphur Co (Un) Textron Incorporated common Jan 20 Co Oil & 7% 42% Jan 67 37% __ Twentieth 57 42% 310 22% Tri-Continental Corp (Un) 510 543 115 — Jan 42% a43 67% 1 • Jan 15% 67 a35% a35% 6c • 7Va 1,095 a41% 67 (Un) 59% 17 a41% -a35% Calif of Jan 10c Hotel Co Jan 11% • Corp Oil Jan 16% — Jan • Brands Inc 6% 9% Jan Jan Railway Company (Un)- 12% 302 9 51 * 55% 1,500 Jan __ 5 100 9% 8% Jan Company 180 5 380 • pfd class A 12% a46% a46% 5 (Un) Magnavox Company 1.05 7 Co % 6 55% 582 Jail 8% 25 Co 107 6,850 Jan 32% 8% 25 6% a74% __ a34% 5 (Un) Angeles Biltmore Los 71% * 1 Gas Transamerica 40c 6 Va Jan 51 Co 4%%' Jan a48% a49% 7% (Un) County Land Co Loew's 11% 42% __ • Corp' Libby McNeil & Libby Los Jan 15% 0 Kansas Power & Light Co__ Kennecott Copper Corp (Un) Lincoln 10% 9% 9% 33%c International Paper Co (Uni International Tel & Teleg Corp Kern 60 13% Jan CO 0 £ Jan 12 Pacific Sunray Jan a304 5% 866 5 42 a48%„a48% preferred Calif Swift & Jan 26% 9% (Un) Nickel Kaiser-Frazer 29 % Jan 14% 100 Jan Jan 15 Corp Corp Jan 20 Jan 1,150 40% a 30% Jan 1.65 (Un) Imperial Development Co Ltd Independent Exploration Co Petroleum 30% 80 39 Va % 1 Studebaker Corporation Jan 150 1,211 Jan Jan 25 Stone Jan 12% 90c 19% Jan 32% 25 Standard Jan 17% 22% 12.50 Foods, Inc Intercoast 17% Jan 27% 1 Company Illinois Central RR Co Jan Jan 12% 385 6.66% Motor Car 15% 17% 37c 3 Hancock Oil Co of Calif A_,— Jan 200 13% common..* (Un) 4% 119 a304 — 38c ——* Goodyear Tire & Rubber Co Greyhound 10 (Un) Jan 1,426 19 % • common Corp Company Jan 29% al7% al7% 52%c 33% • preferred Standard Oil Co Jan 24% a73% a73% % Jan 20% preferred a21% a21% — 49c Jan preferred 8 19% Jail 1.100 Jan Aircraft Company 7% a21% 20% 19 Calif a30% a31% __ 2 Co of 12% • 50c Co Co 55% __ 6% Jan 32 Oil Standard Jan 76% a__ Petroleum 6% (Un)__5 Inc 16% 67% Jan al0% al0% al0% —1 Inc Share & Jan 63% ' Jan 69% 4 Jan Jan 31% 25c Standard Jan 29 1 Inc 35% 23% __ 1 (Un) 90c Jan 575 75 90c Jan 15% 15c 350 105 1 Aircraft Dresser 12% a30% a30% A Douglas 12% al9% al9% (Un) Corporation 16% al6% al7% 1 Publishing Company (Un)__—* Curtiss-Wright Corp common (Un)__• Class 15"% Jan 33% 500 • (Un) (Del) 4 % 25 Corp Corp 4 12% Curtis '< 435 al6% Mng Y N America of 1.104 • Aircraft Motors Continental 1,777 65 73 13% 5% 20 Va . 100 Southern Jan 16% 10 2,117 Southern Jan 48% 16 % 20 (Un) (Un) Engineering Vultee 15% Jan 63 % 15% (Un) Gould Consolidated Jan 72% • - System Solvents Commonwealth Edison Co Cons 14% 46% 73 754 32% Southern 132 16% 1,703 5% Jan 20% 4.88% a__ ___ 2,000 193 Jan 11% 5% Jan Jan 25 20 4.56% Jan 465 11% 11% Jan 32% 4.48% Jan 33% Jan __ • Trading Corp Solar Jan Jan 48% 13% 5% 15 ___ Jan 46% Jan 32% 30 4.32% 7% 15c 4% 244 32% Co Southern Calif Edison Co Ltd 12% a__ 2,026 Jan 15c 1 com & Corp Socony-Vacuum Oil Co Inc a 828 20 5% 20% Co Sinclair Jan 6% a__ 1,360 33% 25 — Gas Commercial 15c 5 5% 5% 39% • Company Sierra Jan al4% al5% 10 (Un) Colorado Fuel & Iron Corp Preferred .'Columbia 15c al5 Clary Multiplier Corp ■ a35% a35% 9% Jan 1 (Un) Jan 7% 25% 23% Jan 5% 1.75 Del 8% 35% 184 13% Certain-teed Products Corp ; Roebuck (Un) Co of Shell Oil Jan 4,606 8% 25 (Un) Co Security a 25% 13% Jan 8Va 941 40% _B Signal Oil & Gas Co class A 7% Jan 12% 200 5% 50c 52 %c • (Un) Signal 7% 14 501 9% 5% 1 Jan 220 Jan a20% a20% B Jan a58 Jan 29 5% Co Jan 5% Jan 36% 1 2 % a57 16% Jan Jan 11% common 33% 5% — 1 Co Corp Jan a57% 10c Oil Oil Jan 8%.. Jan 33% 1 1% a49% 0 Co Ranch 16% Jan 27% a23% a24% 2.50 31% 8 common i 600 • Corp Co 1,506 13% Packing Gas Inc Manufacturing Co 33 25% * Drug 1% 8% Jan 9% • 32 5 _ & (Un) (Un) 1% 1% 15 Canadian Pacific Ry Co (Un) Case (J I) Company (Un) t 175 Oil Corp Corp Regis Paper Co Sou 1 , 11 25% (Un) ; Byron Jackson Co , 1,280 11% —1 _ Broadway Dept Store t 11% Jan a__ 5 Borden Company 1 3% 63 Pictures Richfield Jan 600 49% 100 5% Rice Jan 11% a36 a36% 11% • (Un) 12% Jan 210 2 _ Jan 10% 25c 380 16% High 53 5% Ryah Aeronautical 11 a56 49% 10% Jan 50% Jan 155 1 Co Safeway Stores Inc 125 1,300 Jan a34% a34% 13% Jan 6% 225 , 8 Va a 5% 18% 25c a55% — 5 Mining Co Steel Diamond 4% 18% 1 (Un) Aviation Benguet Blue Consolidated Co Oil Co 12 10% 4 10 common. Barnhart-Morrow 12 10% „ 17% 340 Low i a27% a27% 13% 13% — 1 Petroleum Jan 109 a__ • • Rheem Jan Jan 10 16% __ Rexall Jan Jan 16'/a 10 — • Reserve Jan (Un) 287 49% * (Un) Republic Steel Jan 28% 860 Co Republic 149 277a 367/8 6 Jan Incorporated Oil Co— High 17% __ 25 Timber Range Since January 1 Low 17% 17% Republic a 146 % 785 al047/aal08V4 — Baldwin Locomotive Works (Un) 13 Baltimore & Ohio Railroad Co (Un)_100 Bandini Petroleum Co 1 Barker Shares Corp of America (Un) Radio-KeithrOrpheum Corp (Un) Jan a__ & Radio St 1 for Week ' 50 (Un) Pplp Pure Jan 14% 1,030 .9Va Sales Range of Prices 33%c Pullman Jan 16 Jan 15 32 9 10% Jan 13% 1,650 297/8- 28Va 9>/a Jan 15% 110 59 149 287/a 9% 800 .. u ■■ (Un) (Un) Pugct Sound Jan Jan Co Phelps Dodge Corp Jan 31% 30% — 3 3% 275 a73%a73%- — — High Jan 135 157/a — • 3% RR Pepsi-Cola Co """" " 202 1477/a -10 Armour & Company (111) (Un) 5 Atch Topeka & Santa Fe Ry (Un)__100 Atlantic Refining Co (Un) 25 --'100 10% 14 (Un)__30 Co (Un) • a54% a547/8 T_100 14 (Un) Mining Corp 16 (Un)__* (Uni Low 37/8 10'/a (Un)__* (Un) Corp American Woolen 3% a32% • Co High. 3Va Pennsylvania Range Since January 1 a32%a32% __ 1 Light & Viscose 'Anaconda Armco 1 Co Inc Smelting & Refining American 3'/a (Un) Radiator -American ' Shares Week's Last for Week Low Mining Co Mfg Airlines Friday Sale Price STOCKS Par Range of Prices Par Alaska 27 Sales Last Sale Price > (489) EXCHANGES ENDED JANUARY Angeles Stock Exchange STOCKS \ FOR WEEK CHRONICLE _ 65 64% 65 — 20 20 * • -- 7% 7% 120 52 700 10% 7% Jan '• 8% JJli. Jan Jan 23> 30 (490) THE & COMMERCIAL FINANCIAL OTHER STOCK FOR RANGE Friday-STOCKS Week's • Ka nge Cities Service s i Cleveland Electric " 1,900 230 Jan Sears 115% Jan Shellmar 63 7174 68% Jan Jan 78% Jan Jan Roebuck Prod Signode Sinclair Oil 73% 105 33 Jan 33% Jan Socony Vacuum Oil 157a GOO 14% Jan 15% Jan South 77 78 200 733 a Jan 78 Jan * 44 44% 200 43% Jan 45% Jan Standard l Illuminating 277k 28% 277a Jan 28% Jan standard Jan 34% Jan Standard Oil Standard 12% 2,900 25 30% Continental Motors Oil 257a 10 25 7-b Jan 253 Jail 7% Jan Storkline Jan 29 % Jan Studebaker 7% Jan 8% Jan Sunbearp 77a Jail 3% Jar. Sundstrand 6 Jan 6% Jar. Sunrav Oil 34% 34% 150 Jan 36% Jan Swift & 3% 3% _.500 3% Jan 37a Jar, Swift International 53% 59% 467 02 A 15,300 627a 1,035 2 2934 307a 335 2934 Jan 80 86 80 79% Jan Jun 7 Manufacturing Paper Co—— (Tliei- Corp —* 54% 13 Jan 59% Jan A Jan Texas 30% Jan Thor 90 Jan Trane * 92 7a 927b' 40 9272 Jan 95 1 2074 20% 370 2074 Jan 22 Jun, * S% 9% 100 Jan 10 Jar. 5 Electric Controller & Mfg— Machine Simons & Dock Connell & 103 b 103 a 300 Jan 11 5'% 5% 300 5% Jan 93 9% 150 9% Dredge (Peter) Auto Drive Amer 1% Co Motors Gibson Goodyear Tire & Rubber 2,700 17% 425 162 8% 9% 700 8 (The) Transcontinental Great Lakes Bros Western (Gi Brewing Werner Hibbard Co Corp Spencer Bartlett Corp common Huttig Sash & Door Preferred Independent Indiana Indianapolis Industrial Inland Tool-—. 9% Jan 11% Jan 37^a 3612 37% 1,309 34 Jan 373 a Jan Jan 5934 Marshall Field McKay Machine McKee (Arthur G> Co Metropolitan Middle West Midwest Hart t v Modine Monroe Chemical 19 22% 22% 227a 2234 Jan 24 Jan 227-4 23% 1,000 2114 Jan 233 Jan- American 2% 41% Corp National 12 , Pressure & 29% 30 49% 49% Car American Co__ , . (Un) Co Process Corp 3%'% (Ind> com Drug (Un) (LTn> (Un) St Louis Nat St Louis Public Stockyds Service see 28% Jan 30 Jan 43 Jan 49% Jan Delaware 28% Jan 31 30% 31% 1.300 303 Jan 32% Jan 15% 13% 10 15% Jan 14% 14% com Light Electric Co Deposit 383k Jan 39% Jar. General 327a Jan 33 Jan i.400 Motors Lehigh 26% Jan 28 3 3 Jar, Coal Jan 75% 7414 11% Jan 100 14% 12% Jan 16 1 Jan 1432 Jan National Power & 13% 350 12% Jan 13:3 4 12% 2% 350 9% Jan 12% Jan 300 2 % Jan 2% Jan 550 7 " Jan 7% Jan Jan 13% Jan 8 900 47 50 25% 14 Jun Jan 7% (Glenn Jan 7% Jan 11% Jan 16% Jan Ppnnroflri Philadelphia div $1 Phileo Service 470 23 3 4 Jar. 2634 Jan 100 23% Jan 28% 95 div $1.40 63!4 High Jan 31% Jan 1463 a Jgn 149% Jan 967 14% Jan 15% Jan 410 11% Jan 12% Jan Jan 2% 2,909 • I 2% 535 13% 199 12% Jan 15% Jan 13% 290 12 % Jan 14 Jan 1.201 68 3i . 65 % 63 7% 21% 21% •21% -• 2 Jan 62% Jan 255 7% Jan 8 Jan 418 -7% 227a 21% Jan 24 Jan 64% 180 ; Light 369 21% Jan 22% Jan 41% 173 6 393 120 6.5 2.450 2 64% Jan 73 Jan Jan 16% Jan Jan 8% Jan Jan 57a Jan Jan 11% Jail Jan % Jan 155 8 7.1 563 7% 5 202 4% 1 j 10% .: 10 190 7b 100 , Jan Jan Jan 15% -7% 10% Jan 67% 182% 15 73 15% 7% 10% 41% Jan 683 b 71 % 15% 5 Jan Jan 180 72* '2' 10 • — : 22% 180 40% €4% ' 1 El & 31 Jan Jan 5132 Jan Sun 6% 65a 6% 200 6 Jan 6% Jan United United Gas 16 100 15% Jan 1632 Jan 10 2,650 9% Jan 10 Jan 2% Scott Jau 23% Jan 16% Jan 18 Jan 44 44% 39' 25 25% 25 ——3 383 b 23% • 24% 25% . 42% Jan 26 Jan 39% Jan 23 % Jan 25% Jan 24% Jan 257 b 5,648 431 , 45 % Jan Jan 622 34% 36 25% 26 • 29 28% 29% 32% Jan 36% Jan 1.026 36 25% . 223 273 1 • Gaa common 257a Jau 2674 Jan 455 28% Jan 30 Jan 20% 21% 50 20% Jan 22 % Jan • 67% 68% 416 67 V8 Jan 70 7« Jan • 55% 56% 90 55% Jar. 60l4 Jan 21% 50 Co Paper Oil 21% 4.509 11 29% common common 4.525 17% common Co , I—1 3% 3% 3% 788 3% Jan 13% 26% 2614 26% 447 267b Jan 27% Jan 30 30 30 Jan 31% Jan Improvement Coal Westmoreland Jan 20 _ • 50 4 Jan Jan 25% Reading Jan 23 % 10% __ 1 • Corp Jan 11% > 16% 19% 10 common 10%, Jan 225 17 74 • • 1,-722 23% -1 1—50 preference Jan 493 67a 29% 408 • 12% - •22% 10 — 30% Jan ' ]Low 39% 13% - — L) Corp Public ~ 30% 147% 149% _ preference Jan 100 Range Since January t High 2 10 ; Electric Jan 23% Jan Jan ' —100 A Pennsylvania Salt Mfg commonPennsylvania Water & Power Co_ 3 Jun Shares . Pennsylvania RR 54 27a 11 77% for Week • Pennsylvania Power & Light Jan 1.100 Jan Jan Sales • Range _13% Corp Jan 2% 11 73% Jan 47 a Week's • Lehigh Valley RR 14% Jar. 50 345 of Prices Low 5 200 13% 11 76% BONDS 23 600 6 Jun -7 Jan 14 14 14 150 123 a Jan 14 Jan 2%s 17% 17% 300 177a Jan IT34 Jan 2%s convertible debentures 24% 24% 450 227a Jan 24% Jar; 291 29% 100 28% Jan 29% Jan 37 Jan 37 Jan 6% __ a .23 37 10% 567a 510 54% Jan 57% 17% 974 16-% Jan 18% Telephone convertible 110% 110% 1961 107% 107% 1975 Jan 423 1975 series A 41% 443 46 10 10% 10:% 100 9% Jan 10% 257 a 26% 350 24% Jan 26% 3% 200 3% Jan 37k Jan 12%. 1,200 11% Jan 137b Jan 12 Jan 24% 2474 2474 600 24% Jan 26 18% 19% 625 18% Jan 19% 23 277k 287b 1.950 25% Jan 28 Vb Jan 107k 10% 1,700 10% Jan 11% Jan 33 33% 2.650 32 Jan 33% Jan • ) 277 k 4% 27 4% 9% 277b 789 27 Jan 28% Jar. 4% 1,400 4 Jan 47a Jan 9% 270 9 Jan 10 Va Jan 19 Va 19 7 k 120 18% Jan 21% Jan 267a 267b 150 2672 Jan 26 Va Jan 23 % 23% 50 23 74 Jan 6% ; 2% 67k 550 16% 177 k 400 15% 15% 15% 50 17% 17 227-4 Jan 6 Jan 67a Jan 16 Jan 17% Jan 15% Jan 15% Jan Blaw-Knox Clark Low 23% 1% Fort Pitt Harbison 17% Jan McKinney Jan Mountain 14% 10 Jan 2% Jan 50 143/4 Jan 15Va Jan Jau 10 Jan 100 9 •12% 12% 12% 100 12 Va Jan 12% 371 11% Jan 13 13 100 12 Jan •13 Jan ii»4 14 16% 699 11% Jan •16% Jan 207/« Jan 33% 12% Jan Jan 97 k 1.550 8% Jan 1074 50 6% Jan 7% Jan 325 7% Jan 8V4 Jar. Pittsburgh 4 Jan 474 Jan Old common Jan New Jan 33% Jan 25% Jfin 26% Jan 37 k 3% 335 3 Vb Jan 3% Jan 20 19% 20 505 19 Tb Jan 22 Vk Jan —5 National Fireproofing Corp 774 Jan 31% 200 5 4% 5 1,117 4 Tb Jan 57b Jan 01 u 2' *> 418 27b Jan 27b Jan 2% 2% 6,327 2 Jan •2% Jan 50 Jan 55 Va 225 Jan 6% 217 k 125 25% 1 Supply 9% 21% 33% 25% com—* 1 Mfg Fuel 20% 32% 1 10 Refractories 4% 28 100 900 27% Jan 28 Brewing Co— ! <. * 2% 2 V2 common 20 1.000 • 13 13% 4,600 1274 Jan 14% Jan preferred Pittsburgh Plate Glass 9 9% 955 8% Jan 97b Jan Pitts 24% 1.167 25% Jan Pittsburgh Steel Foundry common 900 5% Jan 6% Jan San 43% Jan 553 k 34 32% 34 980 327b Jan 34 Jan 36 35 7 a 36% 327 35% Jan 37 Vb Jan 7% 7% 20 7 Jan 77a Jan 73b 800 7V2 Jan 77b Jan 1 300 5% 40 5 46 40 110 86 Jan 86 Jar. Old $3.50 27% Jan 30 Jan New $2.50 23% 40 Jan Jail 46 V4 40 Jan Jan 5% 5.500 4% Jan 27% 27% 150 27% Jan 2974 Jan 32 32 Va 330 31 Jan 34% Jan 13 7b 11 Va 100 117b Jan 5% Jan 12 Jan Screw preferred * & Bolt States Common Glass _* Corp Toy Mining Standard Steel SoringUnited 25 10 conv 1, 1 ' * Steel Westinghouse Air Brake Wehuugnouse Siectru Govo 7% 10c 18% 6% 1 common voting trust certificates—1 Allovs _ • ia 50 Jan 54.7/8 422 * 67a 24% 457b 11% 17b 12% 28 ' 5,275 12% 86 * Jan Jan 12% 27% 5% 25 217b 10 Walker Joy. Manufacturing Co 133 74 14% 10 1 Brewing Lone Star Gas Jan 2% 10 86 . High Low 35 25 5 Follansbee Steel Corp 127% 7% :• Range Since January 1 High —• Columbia Gas System 617 4% 5% Jan Shares * b Co Duquesne Brewing Jan 27% 24 % 49 for Week • Co (D L) 16% 4% 46 Jan Range 1 Cprp partic preferred-—. 2.600 27% 2 Jan 44 Va American Electric Securities— 17% * 13) Jan 45 of Prices • Allegheny Ludlum Steel 6% 1 Jan 108 Jan Last Par 130% 133% 9% 110% Jan 41V2 Sales Week's Friday Jar, 335% Jan 107% Sale Price STOCKS Jan 19% a 109% 800 $10,100 Pittsburgh Stock Exchange Jar. 3% 12% 2 2 17,000 6.700 1957 Transit Co 4s Baltimore 5s Telegraph— & debentures Jan 17% 17% 37 557 k 37 American — — 10c 500 10c Jan 11c Jan 18 V2 19 Va 110 18 V2 Jan 19% Jan Jan 6V2 Jan 67b Jan 6% 6% ' - 257b 313/k 200 6% 100 57b Jan 175 27Vj Jan 28 Jan 1.092 253/a Jan 27 Jan 288 30% Jan 33 Va Jan 28 233 b 26 30% 6 67b 28 317a i Jun 15 Jan Last 1 com class Corp 14% 300 11 12% Navigation & 150 1 14% " Jan 1,450 11% Gfmbel. Brothers Martin 2% 14% 12 Co of Amer Jan 9% 15% 900 12 14% 14% Storage Battery & 46 16 2 * 11% '3 14 • Fidelity 50% 1% 36 % IZ100 Finance 31 _—*■ page • - Jan ' 14% Corp—, & Power 2334 * A (Un) Cummins * footnotes Jan 23% • Schenley Industries For Jan 534 301 a • Co Sangamo Electric Co Schwitzer 15 49 7a 2Vb (Un) Bros Jan • America Republic Steel Corp Richman Jan 49% 100 Radio-Keith-Orpheum Rexall 25% * Jan * Cory of 60 23% 23% l (The) preferred Co (Un) Corp 3-0 4% Chemical 45% 7% 1 Oil Radio 500 47 337bc (The) Service V 'Jan 14 100 100 Pressed Steel Car common.. Public 250 163a 50 Light & Coke Pepsi-Cola Co (Un) Potter Davison 5 Gas 8.200 14% Curtis Publishing Co Jan 16% 10 RR 23% • Chrysler Corp Jan 39 6% 25 Peoples Jar. 12 Jan 10% Penn Pennsylvania 277 s 1-2% 23% Jan • Switch class A 2313 • Jan 1 1 23% 307 b Company 10% 700 Patterson-Sargent Co Peabody Coal Co common 5% prior preferred Elec Budd 343a i.25 (Un) Co Jan Jan 13 preferred—^. 23 5.600 • ___ (Uni Airways Pictures Pen 1st 322 7 • 1 (Un) Car 5"'c 2,750 11 1 American Paramount Parker Jan 10 Bancorporation Co Jar. 42 20 Co 23 23% 50 148 % Baltimore Transit Co common 3% 6% • Co Jan Jan 110 • Jan Jan 10% 2 Co Motor 2% 3 6% 5 (Un> 49% 23 23% _ Baldwin Locomotive Works-; 1 RR American Oil Jan 43 11 .* Mfg North Packard 32 10% »_•* (Un) 33% * Corporation 590 137b Jan ; Jau 23 — Arundel 330 13% 38 7 s ; Jan Jan 4 23% ...100 a— Tel & 12% 13% 175 2 33% • Jan. 10 North Edison Jan Tel 400 7 15% Jan m 46 I** Jan 3% 2 23 *• „ Par 1474 7 13% 1,750 Friday 45% 14% 45% 425 37« i Jan 14%. ; Jan 503 Jan 493 Sale Price 39% 27% '19% Jan 42% 1 STOCKS 33 a 33 33 16% 210 1.215 3% • Jan 7% 35 237b 534 1% 2 70 14" b 5% Jan 991 347k 14 40% 25 3 12 Jan 7 2o9 27a 11 5% —25 Cooker Central 42 34% __ 100 7'4 42 3 3 i Standard Pure 39 10 503 b 44% 13% — __ American Stores 237% a 17% 49% 43 43 2 Jan 1 preferred Jan 17% 4 Philadelphia-Baltimore Stock Exchange Jan 10 — Jan —127b Co 23 Co Cement.! Co National Mfg Jan 117a • Nasli-Kelvinator Northwest iota 50 5 Montgomery Ward & Co York 200 1,250 1 c common.. Jan 31 % • a Jan 4 Mfg Tile Jan 18% * , 12 Jan 4 Jar. 274 23% — Portland National 13% Jan • $1 prior preferred Minneapolis Brewing Missouri 47% Jan 1% 18% Piping & Supply Miller & Jan 11% 18% • Corp Jan 293 Jan — — 11% 500 • 44% Jar. __•• Mickelberry's Food Prod . „ 60 29 • Meyer Blanke Co 500 29 _ _ 150 Publishing 12% 7 — _ Youngstown Sheet & Tube Jan •» Brick 11% 29' • _ World 4 class B—_ Ja n 11% 1 com. common..... Jan Jan 5 Medusa Portland Cement Inc Jan lc Co & 62 Jan 26% 5 Libby 1274 Jan 1 367s 12 2% Lindsay Light & Chemical— Jj»n 59% 7 — Corp— 15 100 12% common-i 9% 905 _1 jUn>_ common 1,350 ;• —. 2,000 • Bankshares 12 —» (Un t 11% 60% 5 — Stores Indust 29 33 %c . Sessions Co & Woodall 12 * ;♦ — common Laclede-Christy Co McNeil Wisconsin Jan 2774 • Extension University Libby Wieboldt Jun 9% 29 • Key 117b 59% Jan * Kelley Island Lime & Transport Kellogg Switchboard commor.____ Co Jart 17% Jar. _2 Harvester & 73 Jan Jan 283 Leath Jan 26 1 Light— (Un) & Corp Laclede Gas Light Co Motor 11% • - International Shoe Co Lamson & White 16 237 b Steamship Salle Jan Jan 10 Power Company Kropp Forge Co 77.4 Jan 100 „ Products International Electric 25 Steel Interlake Westinghouse 14% 401 Jan Jan Jan common. 100 _5 common RR Rayon Jar. Steel 600 5 common Pneumatic Steel 433 k S 15% 25 : Co.— Central U 26 .— Brick Jan 15 1 Hydraulic Press Brick Illinois 43 26 • Jan 9 V Jan 54% 5 Certificates of interest— 26 7% 16% 28% Jan 10% • United Paramount Theatres Jar 27% nor. 3 Hupp Illinois Jar. 1 Harnischfeger Corp Jan Jan 47 1.150 10 Jan 1 Co 16 26% 680 2,000 <Un» 5% * 2 Brewery Inc 10% 100 common Instrument Helllntan Lines Jan 2. 11% 117k Air Jan 137b Ill's xlo32 100 870 54 % 9% • United Jan 457b 2 16 27 10% Carbon. 147a 137* , 16 9% Air 1 Western <fe & 3334 457-a Cooperage class A_ flammond Carbide 10 Towing Griesedieck Union 24% 15 137b * 10% , 365 277k 14 7a 1 —.—• P Jan 9% _ _ Co Jan a 8% 2 Corp Jan Jan 6334 Jan Jan ! Jan 13% 52 — Corp without div United Light & Rys Co_ 417b Jan 7 Jan 12 Jan 7% 650 8 19% 1274 - 26 % — 1 deposit 410 367 k 26aa 15 _* __ 46 ' *18% Jan 117'k Jan 50 203 10% (The) 1,000 35% 27 Co (Un) — Pan 72% 16% __ — Gray Drug Stores.—: Great Lakes Dredge & Dock Ohio 717b 727b " 87k • Gossard Co (W H) Graham-Paige Motors Ohio 800 100 A Razor.—— (Un) Bros Oak 774 -1 10 Corp common—— Safety Co New 1,797 1 Gillette La 42% ■—.—.—5 Glidden ' , 42 Corp Utilities Goldblatt Hein 46 Refrigerator Co General Public Grelf 46 13'a Ltd— Jan 10% • General Electric Co (Un) General a 5 Transportation General Finance 10% __10 ; Brewing common 9 12 1 _ Co Co. United of America Inc Four-Wheeling General —_____ Co Flour Mills Fox Corp 18% IT—5 Tool 203 South La Salle St Corp Falstaff Brewing Jan Jan 62% — (Urn of Ctfi Jan Jan 64 61 Jan 26% -25 300 25o 61% 637b Jan 25 874 6)4 5 (Un) Nemours Jan 25 3b 150 12% » 6% — — de (Un)__, Corp 8% 15 —— — 66% 1.693 12 __ •12% 10 Furniture Corp * 3,065 26% 7% 6 7k a 67 257 b . __ 1 ,— 43 7 2 Jan 17 •157b ..Jan 18-% -a Jan 277a I) Corp 42 7 6674 _10 com 257a 600 " 42% -5 260 Fitz Jan Stewart-Warner 360 Eddy 44% Spring (UnLiSterling Aluminum Products ^— 67a Eaton Jan 9% —25 (Un)— .J) 423 a Jan 874 (E (N (Ohio) Jan 2,282 Jan 28% Pont 247:4 ,Jan Jan Jan Jan 7% Rights Jan 16% 17% 20 6% Dow Chemical Co 22 2,550 ... 107 b 12% 27% Du 22% Jan 31 % 34% 22 J3U 9 7a Jan '—1 Jail 855 17 —_ 14 9% 10 Corp class A_. Jan — 4,600 1 .Credit 12% 250 1774 25 Domestic 100 . 4.409 30% (Uny 13% 16% 1774 Co Jail 133% 44% 17% 3074 a 30 : 167 k __50 _ Jan 17 <: 12% Jan. 29% Jan 26% 16% _1 common 3,050 17 7a —25 Steel 12 7 a Jan 28% 30 > 5 - — Oil of Indiana— 337b 337a 12% 41% 2 102 33% (Un) High 1.204 22 % L"15 <Uni >WorJts Lathe Bend 120 - 1 :* _ " Low 4374 - Spiegel Inc 77 / -Range Since January I High 41% 29% • Strapping-Corp 337 k Shares 137k • Corp 71% 41% for Weejs ' of Prices Low • Co Steel Curtiss-Wright Corp (Un) 1 Detroit & Cleveland Navigation (Uai—5 Dodge Mfg Corp 10 Doehler-Jarvis Corp 5 Crane ft 14% ;• ; Edison Co Preferred 65% 63 114 43% Sales Range - ■ Par Jan Jan 417a 33% System Commonwealth Consumers 115 1 common , Gas 114 60 2% Cleveland Grapliite Bronze (Un) Clinton Foods Inc Columbia 50 Last High Low 43 Week's Friday Sale Trice Range Since January I High 43 _ preferred __—1 $4.50 Low 10 Products Corp Cleveland Cliffs Iron JANUARY 27 STOCKS Shares " Co Ctiy EXCHANGES WEEK ENDED for Week of Prices Par Monday, January 30, 1950 Sales Last Sale Price Chicago R I Ji Pa; Ry common Chicago Towel Co conv pfci Chrysler Corp CHRONICLE V Volume 171 Number 4877 THE-COMMERCIAL & FINANCIAL CHRONICLE (491) OTHER STOCK RANGE San Francisco Stock Friday STOCKS American Cp (Un) Airlines Inc Range American Factors American & Ltd Amer Radiator & Stan Tel Viscose American & (Un) Anaconda Copper • (Un) 1,010 97/a Jan 10% Jan Menasco Jan 18 % Jan 3% Jan 150 3 210 75 18 2% 15 Va 140 140 148 148'A 2,327 a735/8 a73% Jan Jan 15 y4 32 20 29% 35 J Arkansas Natural Gas class A & Co (111) (Un) * (Un) 35% Topeka & Santa Fe Corp (Un) (Un)_100 Atchison Atlas Atlas Wedge Mining Co Mfg Corp common (Un) Avco Jan Baldwin Locomotive Bendix Oil Co , Jan 14% 5% Jan Nash-Kelvinator Jan National Auto Jan National 30% Jan (Un) 13 35% Jan New Jan (Un) Appliances Home 11% 12(4 a56 a56 37 33'/he Steel (Un) • Borden Co Y Bunker Corp Hill <k (Un) Sullivan Jackson Co 5 Ciilainba Sugar Calaveras Cement a57% (Un)„^„.2y2 Co North American Investment ()'; ___ Jan 7 Jan 27c North Jan Jan Jan 6% American Caterpillar 11% Jan ft— Oceanic Jan 12 V Jan 37 Oil Jan Oil common Corp of Eureka Chesapeake Ohio & Milw America St (U11) Ry Paul RR pfd 6,556 2.80 Jan 3.25 Jan Pacific American Can a49% a49'/a 80 49 (4 Jan 49 Vb Jan Pacific Coast 59% Jan 59% Jan 15% Jan 15% Clorox Co (Un) 15% - 100 15% 450 23% a23% 100 Oliver a a—— ' Chemical 350 4 Jan 5 Jan 14 14 Va 1,690 14 Jan. 17 Jan 6 6 47 47 200 6 110 Gas Fuel Co_ Jan 47 Jan 48 Preferred — Columbia 34% Jan 36% Gas Commercial Sys class A..2% System com tUni Solvents Commonwealth (Un) 10 Va Jan lOVa __ _25 Indus class A P.3 33% 230 -42 Va Jan 42 Va Consolidated Grocers Consolklated Vultee "Continental Corp. 1 32% Jan 35% Jan red Motors 1st 32(4 Jan 33% Jan 1st 1.40 Jan 1.80 Jan Pacific -30% 984 29 Jan 30% Tel Co of Amer (Un! Giorgio Fruit Corp class A Class Jan 34 Jan 66 7 Jan Doniinguez Dow Oil a70% a73% 123 69% Jan 1-7 3 Jan Packard 33 199 33 Jan 34 al6% al6% 15 I6V2 Jan 17 Jan 17 Jan 33 17 17 a29% a30 350 17 50 a__ 12% 455 al9% ul9% 60 30% <Uni <7' Pan Jan % Jan ■ a — 12(4 Jan 12% du Jan 21 (E El Dorado Electric I) de Kodak American 207 30% Jan 31 Oil (Un)--lO Works 41 43 . Jan 4 Jan 15 3% Jan 3% tUui_. Emporium Capwell Jan 29% 11: Foster A; General & Kleiser Chemical; a45% General Foods General Motors General Paint Preferred Corp com (Un) « common Golden State Co Tire Co cumrnon Rubber & Gt Northern Ry (Un) Hancock Holly pfd 6% Jan CorD 13% 150 12% Jan 14 Jan Radio Keith 31% 3,720 27% Jan 31(4 Jan Railway 203 102(4 Jan a—■ — 18 (4 al8% 8 8(4 11% 12 11% I Honolulu Hudson Hunt Coi'd Motor Foods Car Nickel Jan of 12 Jan 12 Jan 29% Jan 30 (4 Jan Rhcem 217 59 Vb Jan 59% Jan Richfield Jan Riverside Jan P.oos Salt LeTourneau Inc 257 47% a45% a46% Jan 47% Jan Jan 12 Jan Safeway Jan 19% Jan San 13% 100 13% Jan 13% Jan Sears 40 % 40 % 236 40 Va Jan 42 (2 Jan Shell 2,000 % Jan Jan Signal Oil 7 % 16 Tel a 29% 587 Jan. 153 6 % 6% 1,367 Jan 29% 6 ('4 Jan Jan Jan 43% Jan Jan 8(4 Jan Jan & 1 Libby common Oil 4% Jan 21% Jan Jan 33(4 Jan 34% 36% 1,212 35 Jan 36% Jan '<2 3234 1,147 31% Jan 32% Jan 29(4 __ 28 % 29% 297 29% Jan 29% Jan 28(4 28% 1,070 28 Jan 2874 Jan 28% 28% 762 28 Jan 28% Jan 53% __ 53% 53% 1,273 53% Jan 54% Jan 16 Jan 103(4 103% 100 103 V4 Jan 15% 949 15(4 Jan 16 275 15(4 Jan 16 24% 24% 308 24% Jan 25 104 104(4 385 101 Jan 104% Jan 145 15 145 Jan 145 Jan a37 (4 a37% 50 a__ 15(4 __ • 104 % 145 145 4% 4(4 450 a9 a9 a9% 230 19% 19% 19(4 605 100% 100% 14 al9(4 al9(4 a9% Jan Jan a 3 Va Jan 9(4 4% Jail Jan 10'A Jan Jan 21 Jan 100% Jan 102 Jan 19 Vb Jan 19% Jan 17 Jan 17% Jan 19 20 17(4 17(4 410 a9% alO 81 8V4 Jan 10 Vb Jan 49(4 650 48% Jan 50Va Jan - 49(4 49 11V4 11(4 11(4 200 11 (4 Jan 11V4 Jan 58% 58% 516 58% Jan 61 Jan 5 5 50 5 Jan 5 15% 16% 1,050 15 a34% a34% 26 class Co A * 10 • Socony-Vacuum Sound view Southern Oil Pulp Calif • (Un) 50 a 145 22% Jan 23 cumulative Jan Calif com Southern Pacific 12% Jan 14 % Jan 69 Jan Spiegel Inc Spring Gas Valley a__ 46-% 340 44Vb Jan 46% Jan 2 2(4 200 1% Jan 2% 123 1,405 Jan 25% 30% Jan 31 Jail 752 23Vb Jan 25% Jan 23:,.t — a38% 24:% a38:% a38% 215 38% Jan 39 v- 20% 21 548 19(4 Jan 21 40% __ 40% 325 39% Jan 42(4 30% Jail 33 Jan 28 Jan 29(4 Jan __ a32(4 Jan 8c 200 11(4 Jan 12(4 29 (4 Jan 31% 8c Jan 9c Jan 43 >/» Jan 43% Jan 9c 9,800 a413B a43 470 35 a42V» 35% 1,161 __ 34(4 Jan 35 Jan 37(4 900 34% Jan 36'A Jan 22% 753 22 (4 Jan 24 Jan 34'4 36 22(4 __ Jan 270 a31(4 a32% 8c Jan Jan * Jan 16(4 16(4 1.268 16 Vb Jan 17 Jan 30(4 1,805 29 Vb Jan 31 Jan 34% 34% 1.435 34% Jan 25 _25 25 25 34% a2G% a29Va a26% a26% a29% __ Jan k28% a287/n 26% Jail 26% 29% Jan 29% Jan 30 a3l% a31% __ 34(4 225 202 29%. 31% Jan 31 % Jan Jan Jan preferred ser 88 28% Jan 28V» A__25 34 34 34(4 102 33% Jan 34% Jan 12% 12% 12% 1,540 11% Jan 12% Jan Co • ___! common Co __ 50% 52% x 26Va 27(4 9(2 __ 9% 2 capital * 22c — 600 32c 50 'A Jan 52% Jan 520 • 26 % Jan 27% Jan 150 9(4 Jan 9'A Jail 100 32c Jan 32c Jan 368 21% Jan 22% Jan Jan 4 3% 25% 29 Vb (Un)—• preferred Sperry Corp Jan ___ ,• 5 40 30 V4 Co 67 a a24% a24% a31(4a3114 __ 5 Southern Southern a__ Jail Jan 5 Co 4.88% Jan Jail 16% Co___ Edison preferred Jan 18Va 72 9Va 15 Convertible 19 Jan 12(4 4.56% 16% 70 12% _* preferred 16% Jan 105 72 Jail 262 15 Jan 13 1,180 A 14Vb Jan Jan 33 (Un) Jan 8(4 28% + — Jail 29 12(4 23 & Co Jan Jan 5 32 P10 Gas Co 1^% Jan 16% a__ 156 - 28 -—-—_5 - Cumulative 036 70 27Va 259 a9 12% 33 10 Inc. Corp 13% a9 12% Jan ___ 110 (Un)-.:* Mining Jan 36 13% 27(4 1 14(4 Jan __ L Jan 125 27% 71 — 11% 300 __ ! 12Va Co 4.32% 16% __ __ 1 Convertible preferred 4.48% 17% — * com Co Oil a a Jan Bx anas-Inc Standard a 10% Standard 11% Jan Oil Standard Oil 21 80 1.70 50% Co of Co (Un) 1,303 2.15 2.15 62 ial4% al4% 9% 9% Calif Studebaker Corn Jan Swift & Co 14 9% 1 2.00 a30% 9% 2.05 2,700 20% 10 9% a 425 a29 % a29% 11% 30 * 25 (Un) 25 (Un). 1 (Un) _j 22(4 22(4 {;1 62 % 43 % 43(4 __ — a66% -- aC(i a66:% 26% 27 v 4,205 Jan 1.70 Jan Transamerica 50% 61 Jail 6434 Jan 100 43(4 Jan 06(4 Jan 43% 69% Jan 646 1.050 25 Jan a37(4 25 59%, 59% 59:,4 10 24 23% 24 lo 15% 16 44% J an t>0 Jan Jan 24 Jan 14% Jan 16 3 Jan 43% 719 200 Jan 23 14,573 43% 20% 59% 6,317 2 a36%a33% Jan Jan 45 a 28V4 Jan a— Jan 19(4 21 Jan 2.15 Jan Union Jan 2.15 170 Jan Jan Texas Company (Un) Tide Water Associated Jan Jan 1.70 49 200 16 105 • (Ind) Jan 21 100 49(4 Jan Jan 18% 15(4 Jan Union Jan 10% Jan Union Oil 1.90 Jail 9% Jan 28% Jan a 2.05 & Co 10(4 Jan Hnited Air United Corp United Jan U 29 12'A 500 35c 35c 300 35c Jan 35c Jan 47 Va 294 46 Jan 47 (4 5(4 1,900 Carbon of Calif (Un) Corp'(Un) Lines of Corp 5 Inc Del 1# iUn.%_ 1 Theatres (Un)_ common..,. __ 25 common-! —12Va Paramount Steel • 1 * 656 Jan 26 — — — __ __ 2G3'a 2.008 20 Jan 27 Va Jan 13% 13(4 206 13(4 Jail 13% Jan 25% 25% 455 25% Jan 27% Jan 14% 303 13 Jan 15% Jan 13% 3% 390 a22% a22% 50 23Va 2,972 26% 3% 28(4 23 I 3% Jan 3% Jan a— Jail 28% Jan Jan Jan 5 S com , Sugar Jan a__ Oil Corp Carbide 9% % Jan 13(4 Jan Universal Consolidated Utah-Idaho Sugar Co 4% Jan Jan 17 368 16% Jan 17 Jan Wells 54% 310 51 Jan 54(4 Jan Westates 46 46 V4 1,081 45(4 Jan 46% 33 33% 343 3214 Jan 33% Jan West al3% al3% 25 13% Jan 13% Jan Western Air Lines Inc Western Dept Stores 17 a52 Vb a Va 5(4 a7% a7% 50 7% Jan 17% 17% 250 17% Jan 18(4 8 Jan Jan Bros Pictures Petroleum Preferred Sugar Pacific Western Union 32-% 32 "4 32 % 320 32 % Jan 32(4 Jan 14(4 13 3 14% 636 Westinghouse 11 Jan 14(4 Jan Woolworth (F RR (Un)__ 5 W) i I57i; 42 210 41(4 Jan 42 3c — 3c 200 3c Jan 3 400 7 Vb Jan h 7% 15 '4 16 %c Jan 7% Jan 2.545 14% Jail 16 Jan 100 277 277 13 275(4 Jan 277 Jan 90c 95c 1.524 90c Jan 1 ■: common (Un) 1 1 (Uni (Un)__—4. 5% a22 1 50c common C<>t) 42 — (Un>___i common Telegraph tUni Elcc 5 1 (Un) Indies • 4 10 tUn) Fargo Bank & U T Western Jan Oil com Equipment Co Warner 1 36 Jan 21 Vb 35% __ 17(4 common Jan • : 4% 50 7,969 1 Jan 7 , 1,520 34(4 32(4 • Ltd 73 21 1 Jan 7 33% 1 (Un) 49% 47% Inc 33% I "• (Un) Realty Jan 1.70 a54% 4% 4% a20% a20% • Jan 33Vac page 12% Jan (Un) Foods Inc United Aircraft • see Jan 8(4 • America Stores Roebuck Victor Hi 12% Jan 25 71 VB __a 8 Jan 7 Co_.P10Q Tel 49% 19 8.75 13(4 3 00 33V4« 440 15 (Un) Jan 140 80 750 105 Company 11% al2% al2% 8(4 8(4 — Jan 40% 12(4 Jan 430 (Un) 1,766 150 ♦ 28(4 1,685 al2(4 10 (Un) 49% 1 (Un) Airways 12-% 400 com( (Un) Jan -• 72% 4 a74% a7G% 10 For footnotes Jan 6 41% . 1,330 Co &, 1(4 29 310 42 % _ (Un) 27 7 100 : Corp— Maurico Sinclair 1(4 80 * 129 12(4 common Orpheum S & W Fine 10% 19 (Un) 27 7 common 18% 105 (Un) Jan 11% 10 tUni com Cement Bros 102 100 P2 G) of oil 1,800 1,633 1 Jan 33% ! Corp Manufacturing 11 23 50(4 1.65 Jan 1.40 7 25 18% G9 __ Jan 32 27 100 10 "4 20 Land Macy & Co (R Magnavox Co 62 (4 14% ____12V2 & Light Copper Corp McNeill Jan 67 1 Co Corp (R Jan 61 Va 19 Power County •fV 1,043 105 KMser-Frazir Corp Kennecott 7.338 62(4 23 . Jan 25c 100 700 15% (Un) Republic Steel Corp (Un) Reynolds Tobacco class B (Un) 1,270 15% • Co & • 59 % 12% . 25c 1.50 33% 11% • common World Incorp 30% 69 6% Tel Jan 25c 1.50 A_25 Preferred Jan Va Rayonier :■ — 8% 30 15% * • Canada 22c 327 33% 33% * Oil Equip 59 % 16 Mining Co Loew's 11(4 11% Co Johns-Manville Libby 1.150 11 ExDloratlon International Leslie Jan 11(4 tUn) Power Kansas 11% a42% Inc Independent 100 25c 1 5 common Standard Oil Co of N J Idaho vpm 215 a43 _ Plantation Jan 25 Preferred Jan ' a— Jan • Maryland Mines Corp IXL 104(2 7Va 3 Idaho Intl I* 50 740 (Un)__* Inc Battery Co class A Development Co Oil 19 (Un) 13% a _• of Calif class A_ Pineapple Co Ltd Honolulu Jan . Jan 241 10% ____1 Oil Co Hawaiian Hobbs Jan 18% 7(4 6% 16 (2 * (Un) (Un) non-cum Bros Stores 44% 100 Pure Oil Co 14'% Greyhound Corp Hale Jan 18(4 40% (Un)__lO new 72 ___100 Graham-Paige Motors 40 18(4 Jan 25 — lEF) Goodyear 680 Jan 11 3 _* Co Ltd preferred Jan 42 common 49 % common 4/4 Jan 90 40 1414 42 (b * Safety Razor Glhddn.g McBcan & Goodrich Jan 18 Jan 11 % a28% 6(4 * preferred Gillette 19% Jan 86 Jan 1% * 2nd Jan 16 55 Jan 10 common ___ Convertible 18Va 357 10% 13:% • Corp Corp 19% Jan • series Pictures Corp 18% 11 . 2(4 (Un) Jan 11% 13% 64% 10 com Electric Co 13(4 Jan 200 30 59"' 1 Machinery Jan 10% 200 8 1 Food 11 Vb 382 13% i7„ Corp Ltd Liquidating Corp R A 852 11% 10% 0% 40% F 12% 11(4 Pig'n pfd __i_7Vfe Puget Sound Pulp & Timber (Un) * Pullman Inc (Un) __ * Eureka 11 % 11% 13% 12 Jan 12'/a 90 Petroleum Co— Whistle conv prior Jan 4 Co 1.30 ___100 102% 102% 5 Products Corp Jan 25 Phelps Dodge Corp (Un) Philippine Long Distance Jan 27% • Bond & Share Co Electrical 1.30 • Pennsylvania RR Co Pepsi Cola Co (Un) Jan 190 1,272 5 common 200 Jan 16 common Companies 30% __15 Nemoura Co 1.30 1.30 Jan A Pont Jan 25 Cement Motor Co Paramount Jan 20 41 • Rights Eastman ll'/a 15 Preferred — 3% • Co common....; Jan Jan 30% 41 13% 5 Fields Chemical Jan 10% 19(4 B common Corp Pacific Western Va 29% 5 B common 24 Vb ^___100 31 63 Vb a com 18'A Jan 737 1 Preferred Jan 130 a i Di Jan 10% 10% 16 1 549 a . Jan Jan 16% 22 87 preferred Tel 32 Va Radio Steel 18'A 17 Vb 935 536 10 class Service & 63% ft Crucible 537 23 10-% 1 Jan 18% comraonj preferred 329 29 (4 • 25 181/4 100 preferred Lighting Public 2,600 f.3% . Jan Jan 17% 10 Corp Corp 32% . 1 56Vb 24 17(4 5 Portland 1.80 30% 1 (Un)__ 17 Vb 5 Pacific 32V4 % V3 Aircraft Jan 362 100 com &4.50 preferred Jan 618 29 % • 55% 24(4 22% 25 Pacific Jan 731 24 17(4 common Electric Jan 100 Fisneries redeeemable 1.70 __ .5 a55'4 a56% 2.00 1 (Un) FliMiips Consolidated Coppermines a55(4 Jan • 25 32% 30% * 8 5% 5% Jan 12% ♦ Edison Consolidated Chem __ 9'A Jan 30 17 Broadcast Columbia 20 _ Jan 1st preferred 5(4% 1st preferred 5% 1st preferred Jan 833 — __ 9 Aggregates 63% common 52 6% Jan 6 35(4 34% __ —3(4 Iron & 9 (Un) (Un). Filters Co & Paraffir.e Colorado 9 Sugar Plantation Pacific Finance Pac 5 United Paauhau a 4% 30% a72% 9 10 1.75 Jan a57% a57% 25 Service Jan • 3.00 __ <Un)__100 Chrysler Corp Jan 19c 8 2.90 1.8O 25 — 25c Jan ± Jan 32% • Jan 16c Jan a4G% a47% 1 ?. 21c 1,100 (Un)__ 8% 10 Mining Co 1,325 2,500 common Co 33(4 a al0% 010% 25 Jan 17c • Co Edison Ohio Jan 34% : 25 24c Cons Petroleum Ohio a .—— 35 V2 Oil Northern Pacific Ry Pacific Celanese Central Tractor • Jan Jan Jan 6 <Un)______l% 24 % 1.75 (Un) 4 7% _ common Dry Ginger Ale Case (J I) & Co (Un) Jan 250 Jan 16c (Un) preferred 30% __ Packing CorD Canada 15% - Jan 10 __ California Jan 23c (Unl Co 125 4% « . 14(4 1.75 1 Aviation 1,597 • California Art Tile class A California Ink Co 2,885 1 Amercan 8 a ;_i Jan 15(4 24 % 16c (Un) American 33% __ * ____ 11 23c (Un) North a9% 3.00 __ Jan 1.75 Co RR 8 ' _15 26'/a 10% a 1 Products Mining Central High Jan 50 10% 15 • 31% 33 '4 (Un) (Un) Borg-Warner Byron Corp 10% 24(4 a 23 10 Corp a9(4 — 2 Holdings Co Jan 104 a— 5% Park — 9Va Jan 23c 670 Low 660 P10 Mines (Un) Fibres Pacific Bethlehem =■ Jan 5% 400 RanRr Since January I High 26 Va 15 alO% 10 North a— 7% 10 37 __ 5 Bishop Oil Co Chic a 545 36% __ _5 Corp Low 25% _* Natomas Co Jan 34 4,400 & Distillers 250 26c (Un) Morrison-Knudsen Co Jan 32 104 5% Ward 69% a 20c ~ 1 Portland Cement pfd 148'/♦ 30 5% __ 3 Shares _1 Jan 57 6 Co Cons Jan 320 a22% a22% common Lode M Jan 29 50 9% al05%al07% __ P10 (Un) Aviation Bendix Cities & Occidental Larnsdall Elair __ 2Va Big 8'/a — 5 Imp Diesel Engine Atok M 69% 1,558 10% allVa a __ 5 com & Monolith N Armour for W'eck 5 Mfg Co Mindanao Mother M Machine Co Inc 28 195 __ Sales Range of Prices a— 146% 745 29% __ 13% a 15 31 Va 32 . 50 Anglo Calif Natl Bank 14 — __ • (Un) 14 a54% a55% a55% 14 (Un) Mining Meier 6c 18Va __ * 100 (Un) Co Jan 3 1 Frank 25 18% (Glenn Navigation Jan al5% al5% -- al53A Co Matson 23 Va 10"A Calculating Montgomery San Corp Woolen * Martin High 290 9% 18'/a 20 (Un) & Refining Tel Co (Un) American 10% Low 23 % Marchant Range Since January 1 High 23 Ve __ (Un) American Smelting American Low Week's Last Sale Price Par Shares 1 (Un) Foreign Power American Power & Light Friday STOCKS for Week oi Prices * (Un) >7 Sales Last Par Reduction EXCHANGES ENDED JANUARY Exchange Week's SalePriee Air FOR WEEK a21% 568 a 22 55 5'A Jan 1.05 Jan 5% Jan a__ a__ 8 ♦ 360 8 Jan 17 17 % 300 17 Jan 18 Jan 31(4 17% * 8% 31% 150 30% Jan 31 (4 Jan a20% a20% Bzoa a30 V8 10 49(4 a30% a31 Va 49(4 49(4 5 a 9(4 Jan a__ 227 31% J a 11 33 Jan 600 48% Jan 49% Jan 31 32 (492) THE COMMERCIAL & LISTED CANADIAN RANGE FINANCIAL CHRONICLE MARKETS WEEK ENDED JANUARY FOR Monday, January 30, 1950 27 Friday Montreal Stock Funds Canadian Friday Week's Last Range Sales for Week National Sale Price of Prices Shares Nauonal ' Low Par Abltlbl Power $1.50 Sc preferred Acadia-Atlantic Sugar class 21% Jan 22% 22% 22% 2,855 22% Jan Co of Canada Electric 4% 24% 24'% Jan 25 Jan 8'% 8% 310 8% Jan 9 Jan 14% 2,405 13% Jan 15 Jan 55% 55% 56 830 55% Jan 57% Jan 26'% * 26% 470 26 Jan 9 25 Bathurst & Trac 9 Jan 7 Jan 8 Jan 7'% alOc 34 20c Jan 20c Jan 25'% 24% 25% 1,032 24% Jan 26% Jan 25% 7% 975 25% 25% 1,445 25 Jan 26 Jan 40 40 40% 7,151 40 Jan 41 Jan Power • 19% 19% 20% 6,930 19 Jan 20% Jan common- • 25% 1,425 25% Jan 27% Jan 26'A Jan & 25% 26% 26% 315 27'% Jan • 2% 2% 2% 1,600 2% Jan 3% Jan 28 27% 28 815 27% Jan 28 'A Jan * 2% 2% Jan 3 % Jan 25 Power Corp cl B 26% A~* Forest Products Columbia 2% 2% ___* 17 17 50 * 7 7% 800 6% Jan . Bruck Mills Ltd class A_: ._ ' 105 • 31% 30% 31% 420 30% 5 9 9 9 415 9.00 7% Jan Bulolo Jan Dredging Cement Canada 9.50 Jan B class Iron Canada Northern Canada Steamship preferred Bronze Jan 29% Jan 49 27 Jan 27 Jan Jan 95 40 Jan 21 128 19 Jan 21 , 12 12% 925 11% Jan 12% Jan • 16 16 16% 1,752 14 Jan 16% Jan 37% 36% 38 1,074 34 Jan 38 Jan 22% 22% 22% 2,001 22'A Jan 23% Jan • 23% 23% Jan 24% Jan 20 Jan 20% Jan 22.90 Jan 23 Jan • 12 23% 23% 109 20% 20% 75 23 22.95 23 495 • 11 V* 11% 11% 935 11% Jan 12% Jan 20 common 14% 14% 15 330 14 Jan 15 Jan * common preferred.^ —20 common Flour Ontario • common preferred A 38 220 37% Jan 39 Jan 23 250 22% Jan 24% Jan 9 135 _____* common..., 45% 23 Jan 9 Jan 9 45% 45% Jan 45 75 Jan 28 28 50 27% Jan 28 Jan 33 33 40 33 Jan 36% 8% 8% 9% Jan 9% Jan 8% Jan 8% 8% 40 8% Jan 26% 25% 27 1,080 25% Jan 29 Jan 161/4 16% 17% 300 16% Jan 17% Jan • • Canadian Oil Companies Canadian Pacific Railway 25 17% 17 Cardy Corp class A 20 13 • 161/4 Cockshutt Plow J) Co Ltd a9 Jan Jan 11% Jan * 20% 20% 21 1,135 19'A Jan 21 Jan • 22% 22% 22'A 115 22 Jan 23 • 66% 66'% 67'% 1,364 66% Jan 68% Jan • 21 20% 21 1,284 20% Jan 22 Jan 40 40 75 45 Jan Corp__. — —— Ltd common. " Products • 923 17% Jan Jan 13 Jan 15% Jan 16% Jan 14% Jan 16% 17% 5,883 12% 13 645 16 16% 1,360 Jan 11 * 14'A 14% 14% 140 14% Jan Consolidated Mining & Smelting Consumers Glass 5 100% 99% 101 1,697 99% Jan 23 24 50 22% Jan 24'A * 26% 26% 25 26% Page-Hersey Tubes I— • 45% 45% 50 45% Jan 47% Jan Penmans —1. • 56 56 61 56 Jan 56 Jan 1 15 15 175 14% Jan 15 Ottawa Light Heat & Power.— Placer common Development Powell River Power Price Ltd 4% & 43% 510 42% Jan 44% Jan 16% 674 15% Jan 17'A Jan • 64 63 '/4 65% 3,662 63% Jan 70% Jan 100 100 100 46 _* 13 12% 13 815 16 16% 6 6 505 9.30 8.25 9.60 4,545 103% 103% 55 common Transport Quebec Power Paper • preferred. 100 Corp common preferred 2nd • , Saguenay Power 4 % % 1st Series Sicks Breweries Simon B of 5% Sons Jan 75 20 Jan 21 Jan 84% Jan „J% Jan 24% 24 24% 1,496 50 % Jan 50% Jan 48 47% 48 285 24 Jan 25% Jan 22 22 50 47% Jan 48'% Jan 20'% 21 530 22 Jan 22'% 20 20% 165 20 Jan 21% Jan alOO alOO 5 19% Jan 21 Jan 50'% 50'% 845 Jan 100 Jan 30 30 160 Jan 30 Jan 20% 50% Walker Ltd a89 a89 Corp & Worts . ■ Zellers * 31% 31% 25 31% Jan 33 5 7c Limited _ _ Jan 155 103 Jan 106% Jail Jan 14% 14% 5% 5% 101 7'A 675 al5 al5 37 33 % • • 50 14'A 14% Jan 3 8'A 7% Jan 5 Jan Jan 15 Jan 38% Jan 37% Jan 1,765 36% Jan 34% 4,245 33 '/a Jan 100 34 Jan 5% Jan 5'/a 6% 99% Jan 100 Jan 100 60 • 52'/a 52% 52% 225 52 Jan 53 Jan 25 common preferred Jan 105 6% , Winnipeg Electric common a89 Jan al4 % • Cotton Jan 101 14% a Jan u88 6% a 0 Jan 9% Jan 10 105 103 8% Jan 20 817 101 104% 103 ; 100 Jan 100'/a Jan 1,765 26% Jan 26% Jan 19 9% • Gooderham Jan 100 9 % a89 * Brothers Wabasso 26 20 19% 102 25 28% 100 19% 100 • 100 380 26% 19% 9% common.... 14 120 14 ,26% 9 preferred Steel Jan 530 """100 Canada Stores Jan Jan 21 _a Power preferred 7% 15 31 88% Chemical common Tooke Jan Jan 14 III100 Standard Thrift 12'% 27 320 21 __* ___. — of Jan 104 Jan 103 Jan 86% preferred —100 Canada Co Jan Jan 14 « com 4% % preferred 57c 6'% 9.80 • Canada . Southern Steel 17% Jan 37% 50 Simpsons class A-Class Jan Jan • com certificates & 16 • Power common trust (Hi Jan 8.25 1,015 27% Jan 13 16 * preferred— Williams Voting 12% . 100 Jan 6 454 Jan 12'% 1 Water & 4% A 27 99 99 common preferred Shawlnigan 12% 27 1 Flour Mills 3t Lawrence Paper 1st preferred 2nd 12% • 49 •. , preferred St Lawrence .;; ♦ common Royalite Oil Ltd St Lawrence Jan 43 15'% 100 Ltd Co Holland Jan ' 16% 43'A preferred Provincial 26% • Co_. Corp of Canada Bros . 26 26 26 200 25% Jan 26% Jan 20 20 548 20 Jan 20 Jan 25% 25% 26 791 24'A Jan 26 Jan 27 27 100 27 Jan 27 27 27% 1,392 27 Jart 39% 39 3A 175 39 27 % 27% 1,910 27'% " _ _ Banks— 10 Canadienne Commerce Nova ______—,.—10 . Montreal 10 — Dominion 10 - Scotia 10 : 10 Royal Jan 27% 27% V Jan 28 Jan Jan 40'% Jan Jan 28 Jan Jan Crown 40 Jan Jan Jan Jan • Locomotive Jan 10% — • B a8'% 270 ' 25 Canadian Foreign Investment Canadian Ind Alcohol class A (B Jan 9 pid preferred Coghlin 30% Jan 23 37% 25 ciass 28% 3,705 20 25 Converters 30 28% 29 133 11 Mills Steel United Celanese a8% 10% Jan 21 $1 series Class 29 10 Corp Canadian Car & Foundry Class A Canadian 1,230 • Canadian Canners Ltd Cottons 29% 50 Canadian Canadian Jan ___* Breweries $1.75 38% 40 common Canadian Canadian Jan 27 __ cumulative 34 % 40 common Power 1,904 27 * ____ Foundries 35 % 40 A____ — Canada Canadian 34% 34% 20 Forgings Class 6% Jan 33 29 V4 • common $1.30 preferred 57o Jan Ogilvle Sherwin Canada 5% Jan 18 Jan 17 Building Products Gold 4 • Preferred E< 26 3 Jan alOc Paper class A Light British Columbia Class Jan 25 Power British American Oil Class ' 8% 7% ; Telephone British 9 — 35 • Warrants Brazilian — 24% • Asbestos Corp Bell Jan 14% pfd——25 Argus Corp Ltd common 22% 24% * Corp Jan 14% * _____________ 23% High Low 8% 10% Weaving Mines Range Since January 1 High a8% Car Wire Low 5 — Steei Noranda 7,460 • Aluminum High 22% * A Shares Chemical common—5 Drug & Niagara High 21% Algoma Amalgamated Low 21% Agnew-Surpass Shoe Steel Aluminium Ltd Range Since January J • common for Week a Preferred 20 Paper Sales Range of Prices Par ^ STOCKS Week's Last Sale Price STOCKS Exchange Cork Davis & Seal Leather Co • Co aL * Bridge Dominion Coal Glass Dominion Steel Dominion Stores 120 22% Jan 23% 8% 8% 25 8% Jan 8% Jan 20% 20% 20% 330 20% Jan 21% Jan 44 % Jan B Ltd Textile 43% 43% 44% 2,610 40% Jan 21 20% 21 615 20 Jan 21 45. Jan 48 Jan 22% Jan 33 Jan 35% Jan 45% 46% 240 20% 20 21% 9,311 34% 34% 34% 115 ! • 400 26% Jan 27 Jan Atlas 12 2,074 11% Jan 12 Jan Auto Bathurst 173 30 173 93% 93% 55 93% Jan". 95 Jan * 15 15 75 15 Jan 15 Jan Paper * 16 1614 170 16%. Jan 173 Jan 15 20 15'A 15% 16 550 15 % Jan i 14% 14% 15 205 13% Jan Famous Players Canadian Corp Foundation Co of Canada • Fraser • Co 16% Jan 4%% preferred Gatineau Power Brand 5% 5 General Bakeries Ltd preferred ; Goodyear Tire & Rub 4% Hamilton Howard $2 & Bay Jan 26% Jan 25% 2,985 70 325 24% Jan 98 Jan 98% Jan 17% Jan 19 Jan 106 106% 55 106 Jan 106% 65 110 Jan 110% Jan Burnett Smelting Oil Ltd— Imperial Tobacco of Canada 47o 6% preferred Indust 4\\c/0 2% Jan 2% Jan Canada Flooring 18% Jan Canada Malting Co 105% 105% 20 52% a52% 60 a Jan 52% 105% Jan Canada Starch Jan 104 52% Jan Canada 19% Canadian 13% Jan 38 Jan 18% 18% 18% 1,300 18'A Jan 12% 12% 726 12 Jan 35 35 35% 595 35 Jan 49% 49% 1 49% Jan 50 Jan 46% 47% 47% 1,675 45% Jan 47% Jan 5% 21% 22 22% 6,587 14% 14% 14% 788 26% 26% 26% 1,280 7% 7% 325 Co preferred Industries Canadian Jan 7% Silk Vickers 99% a99% 15 99% Jan 110 29% Jan 4% Jan 2,664 30% 100 Power Co 38% Ltd 37% 9% 9% * H5 Corp Ltd 146 146% 146 7y2 common. 30% 38% 195 2,010 9% 1,226 a46 a46 % a46 75 Lake 7% (John) of the Ltd Woods preferred Laura Secord Bros MacMillan Class A) Canadian Western Canadian Westinghouse 5 Jan Cassidy's Limited 17 Jan 17% Jan 31% Jan 32% Jan 3 „_ I Structural Export —- 25 __II* A • __ 9 __ Corp Ltd Massey-Harris common * 100 — » ___ __ 95 23% MeColl-Frontenac Molson Breweries Montreal Montreal Montreal Morgan Murphy National T/o Oil 8% Jan 10'A Jan Jan 47 48 Jan 21 365 20 % Jan 22% Jan 11% 110 11 % Jan 11% Jan Claude 19% 19% 105 19% Jan 25 25% 366 25 Jan 152 152 15 152 19 125 19 Jan • Jan 20 28% 155 19% Jan Jan Jan Jan 17 ^efsJ.7 75 16% Jan 17 Jan U 11 25 11 Jan 11% Jan 9 9 50 9 Jan \ 9% 10 4,150 9% Jan 7% 5 7% Jan 17 17 50 17 Jan 94 95 45 94 Jan 95 23% 24% . 9,848 & Paint Co 21% Jan 5%. For footnotes . Jan 10 see page 36 4 5,240 3'A Jan 4% Jan 97 365 92% Jan 99 % Jan 1.50 Jan 1.60 Jan Jan 1.60 1.60 100 10 10 10 195 10 Jan 10% 22'A 22% 22 "a 1,450 22 Jan 22% 1 12 8 Jan 17 Jan Class Jan Dominion 25% Jan David B Dominion Jan Eastern Jan East 50% 51% 210 49% Jan 54 Jan Esmond 21 21 21% 820 20% Jan 22 Jan Fairchild a.50% a50% 20 a50% Jan Jan Federal 45 4,29'J 40 a22 a22 50 34% 34 % 36 2,723 41% 42 401 12'A 400 12 Jan 12'A Jan 49 49 5 49 Jan 51% Jan 10 10% 1,555 10 Jan 10% 12% 12% 85 5 5% 400 12% 37% 103 a22 34% 41% a50% Jan 45 Jan Fleet Jan 103 Jan Ford Jan 5% Jan 12 12 12 Jan 12 Jan 17 % 140 17% Jan 17% Jan 22% 23 656 22% Jan 24 al76 al76 6 177'% Jan 178 Jan a71% a71% 10 a71 % Jan a71% Jan 8 2,820 5 '/a Jan 8 Jan 2% 22% 7% 7% 25 Jan 3 3 350 Jan 3'A Jan al.50 80 al.50 Jan al.50 Jan • * 23% 24 55 23% Jan 24 90 91 415 Jan 94 3% 3% 8,315 57'/a a 58 30 1 — common 100 * —5 ——_— ...20 _—.— Limited class 3 3% .1 __ a "l2 88 3% Jan 57 Jan 3% Jan Jan Jan 57 Jan 12'/a Jar. 12 12 15 12 Jan 113 113 50 113 Jan 14 14% 300 10% Jan 14% Jan 100 7'A Jan 7'A Jan 7 Jan 8 2% Jan 3 Jan 30c Jan 80c Jar. 39 Jan 40 Jan 7'A ~7 7'A 50 7 7 a2 a2 1 40c 1,010 39 39 35 , 113 Jan Jan Jan 2% 2% 1,300 2'/4 Jan 2% 4% 4% 875 4% Jan 4% "9 9 9 100 9 Jan 9 Jan 55c 55c 60c 411 55c Jan 60c Jan 15 Jan 15'/8 Jan 2% Jan 15 15 15 y8 103 24% 24% 24% 200 24% Jan 25 Jan Jan 19'A Jan 17% 17% 18% 6,565 17% 12% 11% 12% 3,330 11 Jan 12% 18'A 18'A 150 18'A Jan 18% • Jan :'v Jan k Mills Co Jan 32 Jan 12'A Jan 12% Jan 55 305 50 Jan 55 Jan 39 39% 170 39 Jan 40'A Jan , 16% 16% 60 16% Jan 18 Jan * 5% 515 5'A Jan 6 Jan 90 38 Jan 40 Jan Jan 12% 12%. 50 • 38 38'A 15% 15% 15% 25 15% 15% Jan Ltd 5 1.75 1.75 1.75 2,630 1.40 Jan 1.75 Jan Co class A * 9% 9% 9% 50 9% Jan 10% Jan Jan 1.75 Jan 26 Jan of Sec 1.30 1.30 1.35 3.125 class A—• 24% 24'A 24% 925 24'A a5 a5 a5 37 5 Jan 5 Jan 92 92 40 92 Jan 92 Jan 14% 14'A 14% 300 14'A Jan 15% Jan Ltd Canada 6% Jan —.___* 1.30 red pfd 100 Jan Foreign 37 Jan Goodyear Tire & Rubber of Can Ltd — * Great Lakes Paper Co Ltd com • Jan 31 39 a22 42 50 54% Jan Power 31 Power 7% pfd—__—100 Ltd preferred ..20 Manufacturing Motor 31 5% Aircraft Grain . 54% * * Co Ltd.* Co Ltd Products Ltd Paper Steel 1 * Works Ltd Oilcloth & Linoleum Kootenay __ 50 A — — Engineering Jan Jan 12% Jan al.50 — Ltd Jan Jan 5 12% 17% 17% • * 1 Bakeries Frere & 22 103 Alcohols Jan 12 • Jan 16% 25 3% 95% * General Advert cl A__10c preferred 9 Jan a22 preferred Jan 3% Ltd..* Consolidated Paper Corp Ltd • Consolidated Textile Mills com • Jan * common 6'A 95% —— 14% Co Breweries Jan Consoliadted Lithograph Mfg Co 21 preferred—100 5 of Canada Ltd.* Consolidated Div Stand Sec class A—• Preferred ——* 125 103 common preferred Consolidated 2,671 37% Ltd Preferred 21% 41 179 40c Commercial 15% 100 4% 7* 6% B __ Tramways. (H) Co Co Wines Ltd Neon Class 14% - 5 Chateau-Gai 21% — 5 Jan 14% 40 Jan Jan „• Telegraph Jan 10 40% 21% Ltd Jan 11 4 146% * Locomotive 17'A 1,520 Jan 37% * (Robert) Jan 10 T/o- Donnacona Mitchell Jan 10 preferred i.— —100 Chatco Steel Products Ltd common..—• Preferred —10 7% __ • preferred ' 9 16% Jan 146 19 152 comllHI* Steel class • : Lumber Jan 11% • B Mailman 5% 100 (John Ltd MacKinnon • common ; Lang & Sons Ltd Lewis ,_* 10 10 com__* Ltd. Jan 8% Lf.batt Jan 5,300 2 • Company 31 100% 20% 20% * com Products class A Canadian 32 common Jan 9 35c Jan 7% Canadian a Ltd Co Ltd & Paper Inv Ltd Jan 31% Serv Canadian Pwr Jan 100 Utilities Canadian 87 355 Public Jan Jan 31 4% International 14% 26% Jan 17% Jamaica Jan Jan Jan 17 Petroleum Marconi 14% 26 Tr Inv 85% 4% International Inter 29% * International Canadian 25 25 preferred 45c a9tA 16% * common Rand Ingersol Jan 2,510 6% Paper 23% 31 32 Jan 9'A * —100 85% • Jan 5 • preferred V/e 85% 25 preferred International Nickel of Canada 30c 16 ————* Class A 30% 100 Jan 17 * _* Canadian Gen Investments Ltd • convertible preferred International Bronze common T/o Jan common Ltd Food Products Ltd 100 common 5% International 21% ... Ltd Vinegars Jan 12% 25 — Jan 2.00 5 Ltd class B Ltd Co Jan £i Acceptance Corp preferred 16'A Jan 1.85 * Canada & Dominion Sugar 17% common_5 — preferred Jan 500 —1 Butterfly Hosiery Co Ltd 110 * a _———* Ltd Canadian Imperial 16 55 2 1 £ 575 • Jan 7% 16 • 100 common 2% 50 & A Jan 4 Jan 7 Jan 30c • class Jan 8% 7 50 2 —* Vancouver 16 175 4 * Company 17% • common A__ High Jan Jan 16 16 15 7'/a 4 ' 270 7 • pfd—20 • Preferred 2% a52 % 5% B Brown 17% • Paper Mining Class B class a 1,100 A Jan 110% 110% 106 • preferred Hudson 30% 18% 1927—50 Bridge Smith 16 Jan 98% 100 pfd a4 Ltd of • Alabastine a4 Packers Columbia * common 5% Gypsum Lime Jan 29 17% 100 General Steel Wares Jan 15 355 98% 100 preferred British 5,683 Distillers & Brewers Jan 15% • preferred % % Jan 15% 29% 25 25% * class Ltd Millen & 16 15 15 100 . common . 29 * common * 3 Co Paper & Range Since January I Low 15% 7% ; Brandram-Henderson Eddy Paper Co class A preferred Electrolux Corp 15% Fabrics Products class B. Pr Shares > High 7% Eelgium Glove & Hosiery Bickle-Seagraves Ltd 173 100 ; Low 15% Ltd Steels of Prices Ltd—--——5 Co Develop Anglo-Nfld Sales for Week Range Par 27 Jan preferred Ltd Week's - Sale Price 27 11% ,—100 Bros Last STOCKS 11% • common common 46 Vt Funds Friday Jan 19% Canadian Jan • class Montreal Curb Market Jan 8% • Coal preferred Dryden 23% 25 common & Donnacona Paper 4%'A Donohue 23% 25 preferred Tar & Chemical Dominion 23% • 6% Dominion T/o Jan • class Seagrams Dominion Dominion 103 * Ltd Class B Distillers 24 Volume 171 Number 4877 THE COMMERCIAL & FINANCIAL CHRONICLE (493) CANADIAN > Friday STOCKS • . v Week's * ' * Sale Price' Par Halifax Insurance Co J Low ___10 12 Horner Ltd (Frank W) -class A-.—:.—_* Hydro-Electric Secur Corp—: Inter-City Baking Co. International Metal International Paints Ltd--,. Indus class (Can) convertible Lambert Lowney (Walter MacLaren Maple M) Power Leaf / Co As Milling Massey-narris Maxwell Co Mica Ltd 45 * & Mount Royal N C Reitmans 5% Corp (Can) red Ltd Canada 15 Jan 16% Jan Acadia 35% Jan 37% Jan Acme Union Gas of pfd—20 Grain Co Metals Eob'S Lake 7 Jan Jan 97 Jan 90c 1.00 1,100 17% 17% 97 11 Jan 85c Jan 11 Jan 1.05 Jan 125 18% Jan 6% 355 5% Jan 109% 110 55 109% Jan a53% a54 55 53% Jan Ltd 9% Jan 5 17% 17% 25 Jan 17% 18% 19 225 18 Jan 19% Jan 12 12 25 12 Jan 12 Jan 113 Jan 115 Jan —... 113 115 9% 13 43c 43c 2,334 137/8 13% 14 Jan Jan 17% 99 43c 15 Jan Jan 15 42c Jan 43c Jan 535 13% Jan 14% Jan 11 10% 150 10% Jan 11 Jan 15 100 14% Jan 15% Jan 35% 35% 4 35'/a Jan 35'/e Jan 25 r 25 1 25 Jan 25 " 28% 330 26 Jan 28% Jan 13 13'A 995 12% Jan 19% Jan 50 50 110 50 Jan 51 Jan 25 17 " __V —* * 1.00 * 11% 1.00 1.00 1,602 1.00 Jail 1.00 Jan 11% 11% 100 11% Jan 11% Jan 15 % * 15% 47 14 Jan 15% Jan ♦ Chesterville ; Mines Mines Ltd 1,000 38,000 Jan 2c Jan 3c Jan Jan 62c Jan 54 %c 4%c 4%c I,500 1.25 1.30 3,000 27c 27c 30c 4,600 27c 5c 11,000 4c Jan 20,500 9c Cadillac Jan 5c 10%c 1 - 8%c —1 Aluminium 80c 15 _1 Ltd Dulama Gold Mines Ltd ., Jan Jan Jan 3c 9,000 2%c Jan 3%c Jan 1.52 500 Jan 1.75 Jan 5c 5,700 5c Jan 5'Ac Jan 1.50 89c 5.300 63c Jan 89c Jan 6%c 4.000 ,6c Jan 8c Jan 15 15 220 15 Jan 15 Jan 21c 21c 500 20c Jan 21c Jan a53 200 54c Jan 57c Jan 1,000 16c Jan 18 %c Jan 13,500 6c Jan a52 __ ^ _1 : 7c 14c 11c " * Ltd Jan 31c • Jan 6%c __ 1 Jan 7%c 5c 79? 6%c -*■ Mining Co Ltd—. Eldona El Gold Sol Mines Gold Formaque Giant Gold Yellow Goldbeam Golden 17%c 17%c __ 6c Jack Cons Lake Jaculet 6c 7c Mines Labrador 9c Jan Lake <1945) Mines Gold Louvicourt Mines Ltd Gold Nechi Cons Norlartic Mines Mines Ltd-. Puto Cons Ltd Ltd San Antonio Ltd Gold Mines Gold " Cons Torbrit Mines Jan 3.20 Jan Jan 2c 4.000 2c Jan 2c Jan 24c 7,572 21c Jan 24c Jan 72c Jan 82c 6c 2,000 4.50 Jan 4c 6c Jan 13'A 5.25 Jan Jan Jan Jan 5%c Jan 6c Jan 13% 13% 3%c 3%c 4,000 3%c Jan 3%c Mines 15c 16c 7,000 15c Jan 18c Jan 52c Apex Aquarius Area 550 14 Jan Atlas Atlas Ltd Nova Oil Co Okalta Oils Ltd 3,05 9c Jan .3,25 Jan 5c 2,000 9%c 123,100 5%c Jan-, 9c Jan Canada 2%c 1,000 2%c Jan 2%c Jan Canada 22% 5,575 19 Jan: 22% Jan 5c iJan 5%c Jan ; 10c 3.65 100 12c 33.500 22.500 6.300 9,300 2.926 7c 3.65 10c 1.92 69c 52c Pan Petroleums Western Oils 7%.c 7%c 1,000 6%c 2.40 2.50 6.300 2.40 1.28 1.33 10.800 Jan Canada Jan 100 4c 5'Ac 6,500 2.20 2.20 200 4.20 24%c 7.65 3.00 4c 2.20 2.69 Jan For footnotes see page 36 10,587 % c 29,300 27% I,450 40 185 39% 39% 105 1.30 18.450 GOc 1.36 Jan 14'Ac Jan 71c Jan common 4.45 25c 1,100 2,500 4.20 23c Class Jan 25c Jan 7.90 300 52c 56c 3,000 1.39 1.39 100 2,70 100 2.25 Jan 2.70 Jan 1.41 1.56 2,975 1.22 Jan 1.74 Jan 7.65 52c 1.39 Jan Jan Jan 1.25 400 1.10 Jan 1.15 700 1.10 Jan 11% 12% 8,063 8.25 58c 1.39 1.30 1.18 Jan Jan Jan class 27c Jan 31c Jan 140 25 Jan 26 Jan 310 13 Jan 14 Jan 40 Jan 41 Jan 40% 6,779 7.05 8.50 Jan Jan 16 Jan 15% 15% 200 15 Jan 16 Jan Jan 15% 50 50 4c Jan 5c Jan 50 25 12c 52 Jan 12c 13c Jan 14c Jan 40c 54c 4,100 33,200 12c 50c 39c Jan 2%c 54c 2%c 2%c 2,000 2c Jan 14c 14c 2%q Jab 4,500 14c Jan 19c' 2%c 2%c Jan 3c Jan 15c Jail 25c Jail 2%c 5,800 16c 15c 20c 25.399 9.55 9.55 9.75 1,305 35c 3,800 30c 50 9.50 30c. Jan Jan 9.80 40c Jan Jan Jan Jan 10 45 10 Jan 10% 26% 5.7 26% Jan 26% Jan 19% 20 10 26% - 20% 8,472 19% Jan 20'/a Jan 17 390 2,570 195 90 90 100 101% 15% Jan Jan 17 Jan 25% Jan 26 Jan 27% 27% Jan 85 90 83 100 Jan Jan 91% 102 Jan Jan Jan 2% 3 1,600 11% 11% 110 6% 50 6 Jan 6% Jan 27% 28% 1,545 27% Jan 28% Jan 2% 27% 25c 2% 300 2% Jan 3 Jan 2% 11 Jan 3% Jan Jan 11% Jan 22c 25c 45.400 21c Jan 25c Jan 51c 18" 55c 26,500 50c Jan 57c Jan 17% 18 7 7 7% 655 140 15c 15 %c 2.10 7,000 17% 6% Jan 7% Jan 15c Jan 19 %c Jan Jan 18 Jan 1.92 2.10 Jan 2.25 9c 10c 1,500 8c Jan 11c Jan 5c 6c II,650 5c Jan 6c Jan 30% 31% 295 14% 14% 2,410 1.92 30%■ Jan 33 300 14% Jan 14% 29% 30 110 29% Jan 7% 30% 7% 7% 110 7% Jan * 14 14 8 25 14 Jan 14 31 31 65 31 Jan 31 7.70 7.40 7.90 5,885 5%c 5c 51 %c 5 7.40 Jan Jan Jan 6%c Jan 58c Jan 2,500 5c Jan 48c Jail 50c 55c 17,300 3.00 2,305 Jan 3.25 42 42 375 42 Jan 42 % 34 Jan Jan Jan %c 2.95 Jan 8.35 2.95 • Jan Jan 50 Jan Jan 34 540 34 Jan 38% Jan 30 65 29 Jan 30 Jan 13% 13% 100 5% 5% 205 12% 5% Jan 6 Jan 21 ■ 35 % 30 21 50 21 Jan 21 Jan Jan 7 Jan 13% Jan 7 30 6 Jan 7 47 47 48 440 47 Jan 52 12% 12% 12% 275 11 % Jan 35 34 12% Jan 35 465 24 Jan 37 Jan 23 % 23 24% 1,840 17 . Jan B Bank of Commerce Jan 14 Jan 16% Jan 38 759 33% Jan 38 * Jan Jan 82 25% 25 80 Jan 82 Jan 32 25 30% Jan 32 Jan 10 10 82 32 10 635 10 Jan 11% Jan 25% 25% 390 25 Jan 26 Jan 22% 22% 3,384 22% Jan 23% Jan 20 20%» 2.521 19% Jan 20% Jan 22.95 23.00 Car 5,712 22% Jan 23 Jan 619 19% Jan 20% Jan 220 11 Jan 12% Celanese common Preferred 23.00 * common 20% 20 % 20% 20% • preferred 22% • 20 11 11 11% 14% 14% 15 355 14 Jan • 15 Jan 29 29 30 1,020 265 29 Jan 30% Jan 37 25 Dredge common Preferred 37 37% Jan 39 Jan 24% 24% 310 24% Jan 27 Jan 4% 5% 3,770 4% Jan 6 Jan 11% 12 185 11% Jan 12 Jan 68 63 25 67 Jan 68 Jan 8% 3% 410 8% 25% Jan 29 60c Jan 70c 16'A Jan 17% 7,000 5%c Jan 7%c Jan Canadian Indus Alco "A" voting • Canadian Locomotive * Jan 4.85 Jan — 11% 22 %c Jan Canadian 49%c Jan Cos preferred 8% common 25% 25% 180 —• Canadian Malartic Jan Jan Oils — 100 18c Jan • • 45%c ' • Canadian Food Products 8% 202% 695 • common A Canadian Jan 16 % 20 Canners Convertible Class 24% 196 16 37 198 202% • preferred Canadian • • Bakeries Canadian 1st Jan 80 16 37% 100 6c 4.25 Jan Jan Jan 267/B 6c 1,200 7.05 60c 15 26% Jan 9,000 Jan 65 26 2.21 16,500 54c 100 16% Jan 47c Jan 26 25% 2.00 4.60 Jan Jan 30c 26 3,800 4.50 1.36 13% 27c 16% 2.21 45%c 40 Jan 2,500 18,000 25% 2.05 21%c22%c Jan 1.16 9,633 50 Canadian Jan 3818 15 • : Jan 13% Jan Jan 40 • A Jan Jan VbC 28'% Jan 15 * Class A 11% 9 Jan Jan • Canadian Jan Jan Jan _* Canada Wire & Cable class A Jan 4.70 6c 27 Va 24c 31c 10 Power Preferred Jan Jan Jan 44c • common Canada Permanent Mortgage Canada SS Lines common 2.29 Jan Jan 2lc ; 3.00 1.15 22c 24c 4%c 20 Class B 5%c 1.20 4.55 3.45 1 Jail 1.15 45%c Jan 3.20 Jan 4'/4C * Jan Jan 1.20 * 2,900 1 Foundry Packers Jan » * .s 3.35 13c • Canadian Breweries — Jan . 4%c • Machinery Northern Jan 2.18 Jan 14 %C Jan Jan * Malting Canada Jan 3.00 — Stone Jan 9c 3.00 Crushed Jan 1.20 ' 7%c Jan Jan » ^ 2.35 58c 12 Jan 12c 35c ♦ Preferred 14c Jan Jan 27c 1 Bread class Ei preferred Cement common Foils 7%c Jan 1 Iron Jan 8% 5,500 • Campbell Red Lake Canada Jan 9,100 * Canada Jan Jan 7% 28c _• Flon Canada 8,500 1 Ltd Superior Oils Ltd A Edmonton Canada 16,900 * Ltd class common Jan 62c 1.70 42c * Jan Jan Jan 6% A 3.75 76c 1.28 28c • 14c Jan Jan 9%c 41c • Jan Jan Jan 14% Jan ~~ • Jan Jan 62c Jan 8c 28c * preferred Flin Jan 13% 10c 40 90 Calmont Oils Jan 11c 90c Omnitrans Exploration Ltd Pacific 1st Callinan 56C 4 %c 7.05 ,_l class Linen Calgary & Jan 25% 27/« Lake Jan Jan lie 1.21 40% 1 65c Jan Jan 39% 1.25 1 Jan 2.80 9 %c 27% 100% Buffalo Canadian 2.00 Jan 39% » Ankerite Jan 29c 1,000 27% 100 Buffadlson Gold Jan Jan Jan Jan 6,500 9 ♦ 65c Jan 8 1,500 21c pfd__100 Products Oil 2,100 64c • ; 4% Forest Packers A 65c 9c Jan 22c Jan 6c _• Broulan Porcupine Bruck Mills* class A Class B Caldwell 15c Jan 13c 5 Electric Dominion Co Jan 3.20 3.25 com_* common Columbia Power & 4s/bC 13c * Red Jan 4 %c «•- Jan ♦ Ltd 11 %c 11 %c Jan %c •27 22c 795 • preferred 3c 9c ' 56,200 8 330 25 Jan 2.70 commmon 1.60 7% * Light & Pwr Oil 3c 55c 1.45 1.38 30,150 Jan 9.90 Jan 7% 6,500 25% A Distillers 1,000 60c 1 9%c 50 Burrard class A 72c Petroleums GOc 14 % 27 %c common Traction Burns 2..12 ' 57c 25 Columbia Canadian , class Jan 52c __ 8,000 * prefrered Cordage Jan 69c 1.39 10c 10 %c 8%c 11 %c J Jan 1.92 • 118,200 7% • 45c 9c « 23c • 70c 69c 24%c 26 %C 1.52 ___l Jan 2.10 4.25 75 4.75 Jan 1 Jan 8c 4c 18c 2,000 10,000 Jan 1 65c 10c * Gaspe Oil Ventures Ltd- Corp 32c 60c 1 12 %c 15c 20c 7% 14 * 500 3.65 __ Jan 6%c common 12,500 1 i_l 3 %c 58c 1 Class B 20% .1.28 1,050 8%c * A Class B 5c 2.42 Jail 4.20 9.60 l Columbia 5%c __ 22C 19c 1 Columbia 2%c 52c 3,500 4c 1 3c 2,500 , 415 24c 13c 25 65c 1,125 3.30 __ 13,800 9.70 13 44c 13% 3.10 5c 4.50 7% 19 %c • Building Products Burlington Steel 1.85 8%c Jan Jan 57c Preferred 13 % 10c 65c » British American Jan Jan Jan 4c 1 Preferred 12 Jan Jan 65c 8c 44c • Millen & Jan 11.000 34,700 22c lo Mines Brazilian 59c 9c 65c 4.20 1 Brantford 1,000 8c 10 ; Ltd Hats & 55c Jan 9.65 io Scotia Gold Buffalo 83c 55c 21c Kirkland Gold Bralorne British Jan 8%c Boycon Pershing Boymar British 18c 1 Bordulac British Jan l Mines Jan Jan _1 Ltd— l Gold 4%% 16c 22c 1 Bonetal Gold British Jan 5,500 10 — Ltd Ribbon Jan 2.63 1 Ltd A preferred British 16c 17 %c 26 % 4.25 l class River Brewers 57 10 %c Belleterre Quebec Bobjo Jan 14% Jan Jan 27 %c Bros Bonville 13% * Telephone Blue 475 Jan • Metals Mining Bathurst Power class A 14% Jan 58c .!• ~i Base 3.30 1.000 1 Ltd ___ Toronto Biltmore Jan 8c Hi of Bidgood 24c 55% 55c • Mines Bevcourt Jan 26 i of Berens 23c 910 l Bank Bell Jan 600 455 • (1937) Bank Eeatty 80c 24c 56 • • Co 9 Jan 8% 26%» — ♦ Mines Jan 70c 26% l ; Bankfield Consolidated Bank of Montreal.. 66% 2,000 • Ltd— : Mines Barnat Jan 2,400 14% 1 Hardware Bagamac 4%c 300 79c 55% l Gold Jan 1,200 1' 2,000 9 76c __ __j Mines Aubelle Aunor Jan 9c 3.30 7%c 8% Jan 55% j 65c 2.70 5,100 24c i 3c 65c 50c 7c 9 __ Pfd_—__125 Canada Aumaque 3.00 1.92 1 Home Jan common 65c _1 Ltd Ltd 7%c Yellowknife 66% 45c 2.75 1 Petroleums Jan 50c __ 14% 39c __ 1 Ltd-- Mines. Ltd A Jan 55c Steels 315 9c Calmont Class 103% Jan Atlantic Oil 1,700 1.85 • General Jan 48c Ascot Metals Corp Athona 11,000 Oil Stocks— Federal 102% Porcupine Ashdown Canada Ltd Oils 110 102% 103% __ • of Armistice 55c 2.63 Anelo-Canadlan Oil Co Ltd British Dominion Oil & Dev Corp Calgary & Edmonton Corp Ltd Oils 25 Mines 3.10 12% * Wright Hargreaves Mines Ltd Leduc Jan Resources Argus Corp Arjon Gold 50c 40c 1 Upper Canada Mines Westville Mines Ltd Central 24% l Nepheline Consol a61 a61% 12% 1 Ltd Mines Ltd— Asbestos Corp 340 • Anglo Canadian Oil Anglo-Huronian Anglo Rouyn Mines 3.00 a62% 1 Ltd (1944) Jan 24% ■ l Jan 15c 50c Mines 13c 1 Ltd Co TTrdted Jan 5%c 2.299 1 Mines Mines Trebor Jan 12c Jan 12c 6c __ 1 Sullivan 11 4%c 3%c 1 Gold Jan 3.000 Sherritt-Gordon Mines Ltd Standard Jan 10% 1,000 Sladen-Malartic Mines 2.85 275 3,100 • Santiago Mines Ltd Stadacona 600 4c 1 Gold Gold II,000 75c _1 - Corp Mining Corp Rochette 5c 4.70 _1 — Dredging Ltd— Mining Co LtdQuebec Manganese Mines Ltd—, Quemont Jan 3.05 4c * Ltd Yellowknife 10c 10 % 72c 1 Gold Quebec Jan 4.50 4c 5 O'Brien Gold Mines Ltd— Orenada Gold Mines Pitt Jan 6.20 72c _1 Mining 5c Jan 4.GO 1 Mines Normetal Jan 6.20 Co American Buffalo Dredging Louvre 4%c 300 1 Ltd Fields Goldvue New 6,000 1 Mclntyre-Porcupine Mines Ltd Mining Corp of Canada Ltd New 7%c Jan 5c 22c 1 Macdonald Mines Ltd Malartic Jan 6.20 36c 12c 24c _1 Ltd Goldfields 42c 3,500 . 2c —1 Ltd Mines Jan 8c 1 Ltd Jan 1,000 _1 Co Jan 2.95 12c 1 Ltd— 5.30 41c 37c 4%c __ —1 Exolor Jan Jan 10% __ —1 Gold Mines-— 4 50 41c 6.20 4%c 5 Ltd Mines Rowan Shore Lingside Ltd Ltd.. 1,000 7%c 1 1 Mines Mines 12,800 41c 4%c 7'Ac 1 Mines Mining & Lake Ltd-— 4.90 41c 36c 1 j Ltd Fortune 4.50 41c 1 Gold———ul Gold Mines 4.65 1 Ltd Gold Joliet-Quebec Lake Mines Manitou Hudson-Rand _1 Ltd Knife Mines Hollinger Ltd — Ltd Mines 24% 22% • American Yellowknife Anacon Lead Brand East Sullivan Mines Elder Mines Ltd Jan Ltd Aluminum Jan 1.30 3c __ _1 4%c Jan 20,000 1.52 Co—1 — Jan 1.24 10c 3c Mines_| 4c Jan 8%c —1 Mining 65c Jan 5c 9c 10%c 1 Mills Mines 43c 1.25 _1 Duquesne Imperial 80,100 * Ltd Cortez Explorations Ltd Gold 3c 62c 65c 1 - __—— Central Mines 3c 57c —1 Mines Ltd Consolidated 58c 62c 1 Ltd—: — Consolidated 60c —* Gold Jan 22% 1 Amalgamated Larder Barymin Mines 23 % 24% Algoma Steel Jan 28% __ 35% * ! Jan 13 ♦ — Jan Jan 53% 13 115 * I — 6% 110 Jan 30 __ ~j. 18% 17% ———100 Ltd Jan 13 * B___ Jan 9% 9% : class 77% Jan Jan 9% ■ A Jan 9 Jan Jan 110 100 , 76 1,075 18% 35 20c 6% » class 510 9% Jan Jan Jan a54 —* Ltd 76% 17% 35 20c 18% 6% * Ltd 2 18% 50 i 125 9% 1st pfd_100 pid 435 35 20c 76 76 18 35 35 * Mining Corp Ltd Gold Duvay Jan 125 .—10 Candego Mines Ltd Cartier-Malartic Gold Mines Ltd Donalda 6% 60 11 13 Mines Metals Cournor 400 7 a99 A Com Gold Base Cosmos Jan Slocks— Band-Ore Bouzan 28% 7 Lead Mines Barnat Jan 11 —5 Mines Ltd Ascot 27% a99 __ Arno 130 7 -* Materials Co Wilson Ltd (J Ci Windsor Hotel Ltd Mining Jan 11 —* Products Anacon 18% 20c Securities Ltd Westeel Western Jan a99 common-^ Corporations United 18% 10 B United 65 100 pfd Ltd Corp Jan • A __ 27% 27% — Ltd—* cum Canada 21% 3,495 Agnew-Surpass - Amusement Class 3.210 22% Akaitcho Yellowknife Alberta Pacific Cons 18% High 22 % 22% Oil Jan Low 21% 22% loo & Range Since January I High 21% Uranium Mines Gas Jan City Rapid Transit United 37% Low Shares • Preferred 10 pfd nr Paving & Jan 18% Southmont Invest Co Ltd— Twin 9% for Week -<of Prices 2fl Acadia-Atlantic class Jan ——20 Ltd Jan Jan 9 <50% Jan __ Co standard 100 Jan common preferred 9% Russell Industries Ltd ""'iMifirn 50% $1.50 Paper 18% preferred Sangamo Jan & 50 preferred class 11 105 __ * partic 2nd Tel Jan 11 Power Sales Range Par Abitlbl 652 Power Corp of Can 6% 6% Quebec Jan 9% Orange Crush Ltd Power Jan 6 18% „ & 27% Jan Week's Last Sale Price 9% Paper Mills Jan 5% STOCKS 360 10 Light Jan 18% 6% Ltd Rice Newfoundland Jan 27% Friday Jan 3% 141/4 18% Storage Conjuration 8 Jan 18Va 4% Ontario & Jan Jan 18% Ltd Refrig 7% 3% 14 Exchange Canadian Funds Jan 10 conv Ltd 12% 36'/a 36Va Montreal Island Power Co Moore 9 -• Canada Montreal 50 50% Jan common..-10 Co Oil Distilleries oi 11 50% Toronto Stock High 15%; 15% Ltd Minnesota 75 9 -• — G%% McColl-Frontenac Melchers 100 5% -11 __ Lid—,-J Co Teleg & Tel preferred 7% 27% _1 Paper Co Maritime 25 50 12 300 14 27% __ 50 Inc, 8 3% A—* preferred (Alfred) 8 14 - __ Investment Foundation Ltd common-i." 6% 312 5% • A-—* class 12% Low 3% • - MARKETS JANUARY '>7 Range Since January 1 High 12 8 100 ENDED for Week Shares LISTED WEEK Sales Range of Prices Last • . RANGE FOR 60c 63c 2,850 • 16% 17 440 151 151 10 100 151 Jan Jan 9% 154 Jan Jan Jan Jan Jan 33 34 THE (494) COMMERCIAL' & range for week Week's Last Sale Price - Low Par Canadian Pacific Railway. Canadian Tire Canadian Utilities Canadian Wircbound Corp preferred *■ 100 ____ class __ 16% Jan Grafton & Jan Graham Jan Great 31 Jan 101 10 101 Jan " 25% . 25% 120 25% Jan 26% Jan 11% Jan 13 Jan 31% 102 Low 19% do 1 class Co Las.es Preferred A__ 17c 17c 14c Jan 15% Jan Jan 42 Jan * 22 Vi 20 22% 450 20 Jan 22' Jan 2.48 2.40 2.48 2.20 Jan 2.48 Jail 1 18,924 Great Castle-Trethewey Central " 1.38 1.34 1.48 1.30 Jan 1.52 Jan Guaranty Trust 85c 92c 29,850 11,500 85c Jan 1.08 Jan Guayanu Mines 1 38c 15c Jan Jan 1 16c 2,600 Gull 15c 6%c 6c Jan 1 6c 6,000 Gunnar Gold 1 1 Porcupine . Centremaque Gold Chartered Chatco 1 Trust Steel Cheskirk Mines Malartic Lake A Coniaurum Petroleum 4%C Jan 5 Tic Jan Hallnor Jan 1.78 Jan Hamilton Bridge 1.16 Jan Hard 225 1.05 Jan Oro & Press Smelting class Consumers Gas Mining Crestaurum Mines Pershing Crown Trust Crow's Nest Crowshore Coal Patricia D'Aragon Leather class A Oils Ltd Producers Ltd Red Discovery Yellowknife 1 Seagrams Dome Mines Ltd_: Dominion 4.00 Rock 100 4.00 Jan 5c Jan Jan 4.40 Jan 13 I,190 11% Jan 13% Jar. 38c 34c 40c 240,040 26 %c Jan 40c Jan Jan Jan 16% Jan Hedley j. 1 Jan 18c Jain Jan 6c Jan Heva Gold Mines 1 Jan 1.50 Jan Highland-Bell 1 60c Jan Hlghridge Mining Highwood Sarcee " 7%C 7 % * 7 % c 7%c Jan Hinde • 16% Jan Hclhnger Consol 3 10% Jan Homer Yellowknife 1 1.48 3,200 8 300 1.04 Vic 1.30 6 1.01 800 Jan Jail 13c Jan 9 Jan 15c 15,327 9% 80 55c 63c 90c 9,925 53,759 4%c 1.000 4%c Jan 60c 3,000 57c Jan 18c 2,193 15c Jan 1,450 99% Jan 25 6Vi Jan 160% 6% 8 1.15 17c 9% * Mascot & Dauch 52c Jan 63c Jan Hosco 60c Jan 90c Jan Howard Smith 5c Jan Hudson bay 62c Jan Hugh 26c Jan Huron ° Jan Gold Mines Erie 11 10 Jan 11 7c 6 %> c 7 %c 7.200 6%c Jan 3%c Jar 40c 40c 44c 5,706 40c Jan 45c Jan. 4c 4c 500 3%c Jan 4c Jan 27c 26c 27c 2,100 24c Jan 39c Jan 8c 8c 9c 20,500 8c Jan 9%c Jan 60c 6,07.1 58c 58 c C0c Jan 9,500 7c Jan 10c Jar. 500 7%c Jan 3c 18%. 16% 1,210 16% Jan 17 Jan 10 V 10% 1,300 10Vs Jan 11% Jan 4%c 5,500 4c Jan DC !)c 10c 47,300 7%c Jan 37 . Jan 3c 7 %'C 37 50 37 Jan 37 Jan 46% Jan 47% Jan 2c Jan 2c Jar. 9c <■ common • 47 1 2%c 461 165 Imperial Bank Jan 6% Imperial Oil Jan 10 1,350 2%c 3c 9,500 121 5 31 32 105 32 * 22 81 1,100 1.08 Jan 150 14% Jan 15 Jan Preferred 25 c Jail 4 <;n 25 1.26 pi eferred Industrial 7% Jan Acceptance Convertible 17c 8,000 14c Jan 17c Jan 55c 55c 1,300 50c Jan 58c Jan Inspiration 116% 117 35 49% 50 146 7Vic 7%c 2,000 7c Jan 10c 12c 14.500 10c Jan 92,700 31c Jan 24 Jan 49Vi Jan 34c 42c 23 Vi 23 Vi 95 23 Jan 8 8% 420 8 Jan Coal Dominion preferred Fabrics 2nd 25 preferred.. 121 Mining Jan Jan 32 Jan 14,933 Jan 23% J 1,105 14% Jan 1J% Ja 150 7% Jan 7% 21 > 215 '26 615 2.)'% 26% 26% 31 31 30 30 45 10 9%. 10 1,874 41c 41 %c 6,200 1 30% > 71 26% 6 Jan International Bronze 7Vic Jan International Metals 13c Jan 42c Jail 50% 8% Ja:i Powders class pfd A 30 9% Dominion Foundry & Steel Dominion » . Magnesium Dominion Scottish 27% « • Jan 31 Jan Jan 31 Jar: Jan 10% Jan 40c Jan 40 c Jar 1 17 Jan 17% Jan Jail Jellicoe Mines Jan Joourke 27 , Jan 101% 102 35 101% Jan 31% 321» 2.540 31Vs Jan 32% Jan Jan 146 % —• Gold Joliet 60c Jan 67c 550 6%c 6%c 1.500 6c 30c 32c 2.600 30c Jan 36c Jail 36c 40c 34.100 30c Jan 42c Jan Kelore 20% 21 1,490 20% Jan 21% Jan 18 18% 2,220 18 Jan 21 Vi Jan 27% 330 27 Jan 27% Jan 27 __ 1 50 146%> 4.047 8% Jan 10% Jan 7c 7,900 6c Jan 7%c Jan 20c 1.000 16c Jan 21c Jan Jan SVie A -4 1 1 Lake 21 %c 23 %c 7c 10% 10,815 20c Jan 24c 4%c Jan 8c Jiui Jan c 11c II,750 10%c Jan 12c 60 c 75c 94,900 68c Jan 32c 9c 9,391 6%c Jan 45 45 43% Jan 43 18% 18 18% 3,935 Jan 19% Jan 1.32 1.27 1.34 25,390 1.44 Jan 12c 13c 5,100 19% 20 270 13 1.27 class B 4.85 3,735 4.50 Jan 3%c 12c 310,410 3%c Jan Jan Labatt (John) 27% 27% 450 Jan 28 V'4 J a 11 Labrador Mining St Exploration 8 8 100 Jan 8% Jan Laguerre 50 10 20 Vi 20% 34 11% 4.50 8c 30 5 __ 4.55 Jan 44% Dominion Tar & Chemical common___* Dominion Textile common •* 1 1 30 • Steel & Coal Dominion Stores 19% 20 Vi 40 "5 5 44 %- Donalda Woollens » Mines Donnell & Dulama Gold class Mines A Jan 5 Vi Jan Lake Dufault 45Vi Jan Lake Lingman 4.445 19 Vi Jan 22 Vi Jan Lake Shore 33% Jan 36 Jan Lake Wtisa 26 Jan 27 Jan Lake of 11% 11% 445 U % Jan 12 Ltd * Duvay Gold Mines East Amphi 1 Leduc 7c 1 .___ East Crest Oil East 17 %c __ » .. 5C 36c 3,.150 13% 13 % 13% 1 Mining 75 40,600 36c 56c 1 Mines 855 27 1.25 36c 1 21% 35% 1.10 1 Mines 34 Jun 12c Jan 14c Jan 19'% Jan 20 Jan 1.21 1.06 35c 5.3Q Jun 12c 1.34 Jan Jan Jan Jan 43c Jan Jan 10% 175 52c 57c 30,900 9 • Gold 26% 10% 5Gc 1 Mudge Ltd Jan La Dominion lOV^q-Jan Jan • 90 30 44% __ Jun 7c 45 '' Jan 20% 44% __1 Jan 16,109 8c 1 30 8 Jan 9% 70c • Kerr-Addison 10 %c • 20% 26 % 103 9% 3c 1 Mines 23 %c 1 Mines Jan 25 com ; 20 Vi 28' Jan 19 %c 1 (1939) Quebec Kfrkland 55 14612 146% 9% 1 Kel vina tor 27 27 2 i 6c Jan 1.000 40 102 5/100 Petroleum 1.80 62c 1.65 Jan 17 31% Gold 6%c 15Vic 61c „ n Jan Jail • common Preferred International Jan Jan 50 Investment Preferred Dominion 30 »n Ji.n 100 Preferred International Nickel Co Jan 13c 17 25 Jack Waite Mining Jaculet Mines Ltd 15,000 1.65 __ " Jan Jan Kirkland Townsite Dominion Jar. 15%>c 14% 7% 25 Co & 22' 141 • common preferred (John) Jacknife 1.65 121 Jan Jan 117 15c 13c _. 21 £1 Jan 8 121 Imperial Tobacco of Canada ordinary_5 Jan 163 116 • Jan 103 1.13 15 c 47% 100 common 250 4c 1 Paper Mining <fc Smelting Malartic & 10'_> 1 1 : Gold 14c 18 4.00 Jan, 1 Gold- Mines Gold Inglis __ lT«c 12% 15% 4 Jan 38c 700 4%e 12% 18c 1,345 6% 20% Jan Ja.. • — 1 18 %c __ 4c " Headway Red Lake 600 30c 10 1%C Jan 2,500 __ • Bank ITaC 14% 20c __ 4; 1,500 Jan 14 7% 15c 2 4%c 30 7% 8 1 Jar. 4%c 4'/>c 7,200 18%c __ 1 Lake Jan 17%. 14% Jan 36c 1 Lake Jan 19 % Jan 40 162 __ » Mines Red 6c Jan 910 17% 1.08 lo'/ic • Jan 18c 16 7,000 18% Harding Carpets 14% — » 4%c 5%c 18 18% * Hasaga 6% __ • B Jar. Harricana 99% 101% 14c • 19c Jan 15c __ f Jan Jan 57c __ 1 Mines Petroleum 17c Jan 43,ic __ 100 1.100 3e 52c __ 116'% 17c 2.22 2,000 - __ _____100 Jan 17c 4%c 50c 14c 100% __i 16c Jan 1.01 __ 1 Jan Jan 7% 15c 18%c 7c Jan 1.32 4%c » 22,700 2.06 10,500 55c __1 common 12c .2 Vic 9% * Jan 40 Vic 5c 15c • 41 %n 5,500 18c __ 100 Exploration Imperial Mills.___■ Jan 11,287 16% __ «■ 5c Jan 38c 3c 16 7% 5 A 10 %c 8.362 48c 18c __ * io%c 6% 13% 2.12 4%c 16% 82c 38c Jan Jan Jan 14'% __ 1 38c 6% , 13 42c __ 2 70 2.06 2%c __ 2.12 » Mines Mining Consolidated Distillers 4,200 8,900 l Dexter Halliwcll 1.16 25 17 % • 1 Jan 1.54 6% 13% 1 1 Alkbastine <fc common 93c 1.16 1 Rio Mines 6% 131 13% 1 Lime Brass Jan 1.49 Lebel Delnite Gold Lake 72c 1.50 Ho.voy Mines Detta Swayze 1,16 Consolidated Del Halcrow 1.49 Consolidated Decalta Jan 5c 1 :i Beattie Consolidated Class 7% 4T«c • Ansley Consolidated Davis Jan \ 1 Consolidated Duquesne Consolidated Homestead Da vies 7% 35,300 • Consolidated Bakeries Cromor Hahn 1 Mines Consolidated Craig Bit Gypsum Jan 82c l - Conduits National Cournor Jan 7 72c * Commonwealth Cosmos Jan 14 Vi Jan 82c * : Yellowknife Con west 29 Jan 7 75 1 Cockshuf.t Plow Coin Jan 10% 55 7% * ; Willans Dunlop class Coiomac 29 490 7 7V'a 1 Oils Oochenour Cochrane 125 14 1 Mines Chromium Coastal 29 » Chesterville 10 Mines 7 7% 1 _ <■ common new common 29 50c ; 8c Lead Felt 13% __ * Research Jan 17c Great West Coal Gwillim __ 13% * 10 Chateau-Gai Wines Citralam __ 20 ___: common Preferred Chemical __ Jan 14% 40 1.40 Central 14: 120 Jan __ Jan 945 1.25 1 12c 42 300 Central Patricia Gold Mines 500 14% 13 West Jan 14c 41%. 1.30 Oil 19c 14% 13 Leduc Jan Jan 14% 1.25 __ J9% 17c 41% 1.25 —20 Gold High Jan 1,000 " common ._______1 Cardy Corp class A_ Low 19% • Paper A 25 Cariboo Range Since January 1 High 19% Granduro Mines 31% 35 .Shares * Bou'squet 8,251 far Week c Jan 17% Sales Range of Prices Par High 18 31% 101 — 101 * A Low January 1 Week's Last STOCKS Range Since High 17 17'/a 23. Friday Shares Sale Price for We« k of Prices ended jamjar* •„>: Sales Range Friday STOCKS MARKETS LISTED CANADIAN Monday, January 30; 1950 FINANCIAL CHRONICLE 9 25 17c 18c 29,000 Luz Milling common Mines 37,650 25 40 2.10 2.25 650 10 Jan 11% Jan Lamaque Jan 57Vic Jail Lang & Sons 9 Jan 9Vi Jan Lapa Cadillac 1 15 Vic Jan 19c Jan Lapaska Mines 1 Jan 9 Vic Jan Larder Jan 14c Jan Laura Jan 6c Jan Leduc-West • 79c Leitch 1 1.18 6%c 7%c 34,000 6Vic 12c 5,500 11 Vic 5c 6c 7,100 5c 27%C Jan 26%c 27c East Malartic Mines i 2.20 2.05 2.21 14,575 2.05 Jan 2.35 Jan East Sullivan Mines 1 4.70 4.50 4.95 55,665 4.50 Jan 5.30 5% 160 5 Vi Jan Vi Jan 6% 6% 350 6 Vi Jan 6% Jan 46% 46Vi 40 Jan 1.46% Jan ; ; Mines 3 14% Jan 64c Jan Jan 23 2.10 Jan Jun 2.40 Jan 7.35 Jan 6.50 6.90 19 35 18'% Jan 19 Jan 2%c 3c 1.500 2%c Jan 3%c Jan 4%c 4 %c 4"KC 2,000 4c Jan oc Jan 5c 4 '%c 5c 35,500 16 16% 420 75c 79c 5,150 1.15 1.20 5,700 6c 6c 2,000 46 %c 52c 23.150 45c 18 % • Secord Jan Jan 25 18 14 « 0 13 Vs 50c 16% 1.616 6.50 4%c Jan Jan 6c Jan 15% Jan 74c Jan 80 %c Jan 1.15 Jan 1.24 Jun 5%c Jan 6c Jan Jan 55c Jan 17 Jan Jan 5% Gold "U" 1.615 59c 25 52c 11 %c . 55c " • Woods Eastern • „ ] Steel _* Easy Washing Machine Economic __ G% * Investment ; 25 __ 4,700 23 %c 46 Jan 6 Gold Lexindin Little Long Loblaw Elder El El Pen-Rey Mines 16 205 Jan 16 42c 62,374 36c Jan 42c Jan Louvicourt 35c 37c 31,900 35c Jan 43c Jan Lowney 8c 8%c 3,165 8c Jan 9c Jan Falconbridge 7%c 8c 2,500 7 Vic 8c 21 21 Vi 100 45c 45c 49c 4,204 • 4.35 4.30 4.40 1,560 15 class 15 15% 565 A __ Nickel Players Fanny Farmer Candy Shops Grain Manufacturing Fleury-Bissell Ford Motor Francoeur Gold Frobisher Exploration Gatineau 5% Power _______ com preferred 5%r/c preferred Petroleums class A 4,750 58c 23,625 44c Jan 80c 43,500 5c Jan 5%e Jan Jan Macho River 15 %c 15,100 13c Jan 17c Jan 4.30 14% 34% Jan Jan 4.60 36% Jan MacLeod-Cockshutt Jan McMillan Jan Class 12Vi 100 12% Jan 12% Jan Malartic 150 150 100 Jan Manitoba 1.30 1.35 900 Jan Maple 150 1.30 Jan Jan 10% 129 150 1.70 __ __ Products General Steel Mfg Wares class common : Giant Yellowknife Gold Mines Gillies Fields Gold 125 200 125 Jan Jan 1,485 24 Jan 26 Vi Jan Maralgo 12c Jan Marcus Jan Martin-McNeely 10c 1.1c 2,500 8Vi0 Jan 2.40 4,030 2.30 Jan 18% 675 17% Jan 105% 106 35 105% Jan 106 Vi Jan 110% 110% 10 110% Jan 2 2.60 19 Jan 9% Jan 10 1.207 7% Jan 3 2.86 Jan Glenora God's Gold Mines Goldaie Gold 222.150 2.95 3.10 28,050 103 103 10 103 Jan 15 15 120 15 Jan 15 % Jan 9% ___1 — .__1 ——: 5c 4c Golden Golden 110% Jan McCabe 2% 2% 325 Jan 2% Jan 110 9'% Jan 10% Jan 3%c Jan 5%c Jan 13 %c Jan 15%c 15c 5c 15c 1,700 5c 5%C 3,500 5c Jan 6c Jan Jan 1.25 600 1.15 Jan 1.25 Jan 1.10 Jan 1.20 Jan Grain class 24% 7.296 21% Jan 25% 27% 27 % 28 275 27% Jan 8% 8% 100 28% Jan 8% Jan 14% 14% 15% 4,737 98% 98% 99 140 10c 2,000 A common- Preferred 30 50 30 Jan 31 17% 17% 25 17% Jan 18% Jan Mclntyre Porcupine 5 6.15 6.45 14,012 6.15 Jan 6.60 Jan McKenzie Red 1 52c 47c 55c 6,200 Gold 1 5 %c 3 %c 6 % c 89.000 9c 9c 3,715 8c 4,000 • Class __ G.30 __ 7c . 7c 6.000 6 %c Jan McMarmac Red Jan McWatters 2Vic 9,000 2c 2Vic Jail 64c 13,600 62c Jan 65c Jan Mercury 33c 34c 1,800 32c Jan 36c Jan Mid-Continent 3,000 15Vic 16c Jan 17c 7c 8c 5.000 6c Jan 8c Jan 5c 3,500 5c Jan 6c Jan Milton 7%c 2.500 5%c Jan 71:'C Ja.11 Mining 2.90 3.15 42 500 2.51 Jan 3.35 Jan Model __ " 3.00 * 5%c 5Vic 5%c 100 1 A page 5 % — 3c Oil Corp 1 3Vic 3%C 4%.c 10,500 » 91 90 91 75 52% 52% 640 10% 10% 50 17Vi 17% 100 * * see 1 — Brick 7c __ 36 __ 62% 3c Mills 5c B For footnotes Lake Gold 2c 62c — Mackay class — 7Vic 63c __ Lake Jan 2%c Preferred Gordon 8% Jan 14% Jan 97 Jan 10c Jan lfj.% Jan 99 Jan Jan Segur McDougall 15 Vic com__ Jan 23 % 10c McColl-Frontenac 1.20 5c — Jan Jan 20 — 7c Porcupine Mines 3.45 103 Jan 22,375 30 1 Goodyear Tire,& Rubber 45c %' 9 30 1 Ma niton Jan . 5%c 6,200 1 __ 2.95 Jan Jan 23% — Preferred ! ; Arrow Goldhawk Goldora Mines 31c 3.15 100 Massey-Harris common ____________1 Gold Eagle Jan 53c 1.17 • Mines Goldcrest Jan 34c —1 1 Gold Jan 10.100 — _.— Gold 1 Lake 2.60 3.00 1.10 1 Oil Globe Jan 2.86 15 Maple Leaf Milling 24% 2.30 2.11 1,285 8 J.__ Gardens 24 125 158. :ro 10 7% 3.05 * Sugar preferred Leaf 2.60 9% 1.10 1 Lake Jan 48 %c Consol Magnet 2.39 • A___ Jin 3.95 Red Lake Gold Mines- Madsen 2.48 McLellun General 2.70 9% 1 Mines A * —_____ Jan 8 Gold class Export B 125 18 __ 2.33 Jail 12% Jan 13 %c 1 16 Jan „ Jan 2.45 2.80 • common 16c 5%c Jan Bakeries General Jan 5c 2.05 —100 General 13 %c 52c 41.17^ 106 8.500 2.33 2,80 _ioo 15c 52c 2.50 • ; 13 %c 2.45 Jan __ 13 %c Jan 5%c 6%c 2.35 Jan 9% 1 Jan • Jan 15%. 1 5 Vic ♦ 13c Jan Lake 18,500 __ Jan 15% Mines Mines 6c 24% Jan 15%c 110 Red 5%c : 9 7.500 Macfie Jan % 100 16c MacDonald Jan • : 9% 15% Macassa 9 • common class A__ * 1 a 15% 15 %c Jan 117 1.30 1 " Jan 80 • 1 9 V 15 %c 0 Goldfields Jan Jan 475 __ J Ah 6 61c 1,490 * J.in 31% Jan 21% 10 * common 32 Jan 5% 9%c 36 Fittings Ltd class A Jan 30% 90 Jan 120 2.75 31% 255 6 J Jan 9 Petroleum 415 31 51 Jan 117 __ 31% 30% 38c 120 1 31% 31 21 9% Flash Fasteners Fleer, A 35% 35 31% * (Walter M) 1 100 Kirkland Federated Class • common Preferred * A common,. Lynx Yellowknife __ 1 Corp Federal 15% 37Vic 1 Brass Eureka Federal Mills 36c __ 50c • class B Hosiery 41%c • Gold Empire Famous Jan • 1 20 Gold Sol 15.% Lac_ ___1 Mines Eldona 1 Groceterias Class London Eddy Paper class A Gold 61V. 8c 5% 3c 62 % 950 5% 235 3c 7,COO 10%c Jan 61% Jan 47c Jan 60c, Jan 3Vac Jan 6%c Jan 8%c Jan 8c Jan 67 •9c 812c Jan Jan Jan 5Vs Jan 6 Jan 3c Jan 4c Jan Jan M'dland & Pac 16 * Grain 16 30 16 Jan 16 % Jan • — 4T'«c Jan 6c Jan Modern Containers common 3Vic Jan 4Vic Jan 91 Jail Modern Tool 52% Jan 53 Jan Monarch 10 Jan 10% Jan Moneta 17% Jan 13 Jan Montreal Works * Knitting common Porcupine Locomotive *■ — .—l Jan 1.30 Jan Jan 13%, Jan 33c 2,050 32c Jan 33c Jan 16 140 14% Jan. 10 Jan 17% 90 17 Jan 17% 3 65 3 Jan 3% Jan 10% 113 9% Jan 10% Jan 33 %C 36c 12,600 33 %c Jan 38c Jan 21 21% 1,960 20% Jan :22.% Jan 3- * ; 1.10 12% 10% Jan 90 1,950 6,775 14 1 — 1.25 13% 32c 127; 12% 17% Oils 1.25 ♦ — 1 3%c * 21 Jan Volume 171 Number - 4877 - THE - COMMERCIALS & CANADIAN RANGE Week's Friday STOCKS Range Low National Breweries National 754 264 Jan Pre:erred National Nurior.nl N' M-'s 220 • ___ New _ __ Mines—L 104 114 Jan 12 4 Jan Jan 284 Jan ^ Jan 23 Jan Slater 35c 9,500 33c Jan 38c Jan Southam 21 1,025 194 Jan 21 Jan Siadacona Jan 29 Jan Standard 20:ib 2 29 29 274 1.45 1.67 49,698 1.45 4c 94c 221,129 103 4 103 4 20 8C 1.18 389,350 Rouyn New Thurbols • Merger 1 _______ 1 _ YeLcw knife Jan 103 4 8c Jan 1.15 31c m 1 Normetai Mining * __ ___ Gold 1 Standard Standard Jan Jan ,, Stanley North North Qrlac 50c Jan Stedman Osisko Fake Osulake Steel of Jan Jan Jan Co Jan 21 214 450 204 Jan 214 Jan 10c 700 10c Jan 11c Jan 55c Jnn 62c Jan 56c 7.650 94 94 2,785 89 894 85 _• 134 134 14 274 274 * 54 5 54 53a 53e 66C J Vic Jan Sterling Coal 7c Jan Stovel 94c 3c Sudbury Contact 34c 1,500 3c Jan 3Vic Jan Sullivan Cons 50c 58c 110,600 40c Jan 58c Jan 1.15 500 664 664 67 4 1,634 3c 61c 154 500 3c 2.78 50,925 4 Jan 3c Jan 60c 1.18 • 684 Jan Jan 7,500 8c 35,500 ,34c Jan 70c Jan Jan 44c 2.80 1,000 Jan 9c Jan 5c ■ Jan Jan Jan 1024 102 4 125 1024 Jan 106 6c 6c 3,000 2.05 2.57 2.85 32,080 10 104 455 54 5 ',2 100 54 6,000 34c 100 Pin Pa:bee Tamblyn Ltd Preferred Jan common _; 50 Pearson) 1 common- Jan Toburn Gold : Jan Jan Jan 364c 37 c 1,948 36 4c Jan 44c Jan 17c 12 Vic 174c 61,000 12Vic Jan 174c Jan L28 334C 34c 5c 78,625 24c Jan 5c Jan Tower 54c 5 C 4c 13,600 54c Jan 8c Jan Traders 64 Jan 1 1 _*•_ 7c 7 Perron 2.500 1.18 33.900 i i Tubes 42,900 6c 6c 4.80 451h 45 45 ',4 965 1.30 1.23 1.32 l • 1 , 4 4c 34c 44c 1.000 20c244c 234c 58.700 34c 1 3c 1 31c 34c — common ;* Gold 6c 45 3c 5G Jan 3 4c Jan 34c Jan Villbana 5G 56 50 Glic 60c 6,400 Jan 56 Jan 56 Jan Jan 63c Jan 4.12G 1.80 920 3.15 5.000 40,300 8c .__1 1 70c 68c Jan 80c Jan 4*4 Jan 76c 1,500 76c Jan , "85 Senator Jan & 85c 1.500 75c Jan 85c 3,500 64c Jan 7c Jan 18c A 17c 4.920 144 Jan 154 Jan 114c 12c 9,700 11c Jan 134c Jan 294 30 to CO Jail 294 28 284 52 = 19c 9,900 17c Jan 204c Jan Win gait 33,000 76c Jan 1.03 Jan 26 Jan 284 Jan 50 52 Jan 55 Jan 22 4.20 214 Jan 224 dan 3.00 3.85 5.700 23c 26c €4.225 6^4 7 . 3-80 26c 1.02 Jan 1.17 Jan 20 2214 29,655 18 4 Jan 22 4 Jan 85c 95c 54.025 78c Jan 97c 50 Jan 10 Jan 94 2.47 2.47 200 4c 4c 1,500 2.50 2.C0 600 2.50 Jan 3.00 Jan 24e 3c 4.000 24c Jan 3c 3.10 22,963 2.95 Jan 3.30 Jan 6.50 6.90 4.458 6.50 Jan 7.05 Jan 24c Jan 2c Jan 35c Jan 38c Jan 19 Jan 194 Jan 32C 25C 32c 13.000 20c Jan 32c Jan 144 Jan 2 ' 154 154 25 9.20 8.80 9.20 8 817 374 37 384 4,765 54 54 8C 74c 8c 1 64c i; * ■ i - 6c 9c 50 * *' • common- Jan Jan 9,700 25 5c _1 • 1 Wrjght-Hargreavef! Lead & * 2.45 4c Jan 2 55 Jan Yellorex Jan 44c Jan Yellowknlfe Zinc ___. _ __ 150 284 Jan 29 51 Jan Jan 94c Jan 30 30 Jan 31 Jan 100 314 Jan 33 Jan 25 340 24 Jan 26 Jan 35 50 10c 114c 21.200 5c 1004 Jan 1014 Jan 10c Jan 12c Jan 54c Jan DC 2,000 "e Jan 5c 44c Gc 11.500 44c Jan 6Vic Jan 234 334 35 4.498 33 4 Jan 374 Jan 994 20 994 Jan 1004 Jan 4c Jan 4 4c Jan 2.08 Jan- 2.27 Jan 99 3 4 4C 4c 4c 500 2.10 2.07 2.24 7,305 284c" 29e 2.700 27c Jan 19c 20 c 3,000 19c Jan 21c Jan 15c 83c 13,100 75c Jan 92c Jan 64 9V4 Jan 10 Jan 9c 45c 1 Knitting class A 80c * 64 90 30c Jan ' 64 Jan 64 Jan Jan 7c 1 1 Mines Jan 235 6.500 York Bear Jan Jan 74c 334 1011114 1 ._ Mines 9c 49 30 100 : Winora Gold Jan Jan Jan 24 25 2 ___ '6 84c 334 334 114c common Jail Jan 54 7.500 Jan 9.50 •38 4 7 V«c : 97aC 15 4 Jan Jan 150 . 50 74c 8.75 36 1.000 ■ Jan 2.GO Jan 6.85 • _ Preferred Jan Jan 74 2.95 • Electric 4.30 26c Jan 3.05 _100 Gold Jan Jan 634 Jan 94 3.60 19c 480 * a 10 _ Winnipeg 49,877 Jail 1,380 « 500 _ _ Jan 4.500 Wiltsey-Coghlan 92c 8c class A_ 8c lie 21,700 40c 45c 9,800 274 274 27% 104 10 , 10 >2 104 • 8c Jan 74c Jan 14c Jan 49 c Jan 540 27'a Jan 28 Jan 364 104 Jan 104 Jan 9.10 Jan 9.80 Jan Canadian Funds 9.30 9.20 9.55 8,262 1 134C 12 ^c 14c. 27.500 10c Jan 18 4c Jan 4%c Jan 4c 4c 44c 18,600 184 18'2 19 1,410 174 Jan 19 4 Jan 103 '-a 10312 40 1034 Jan 1034 Jan Jan 344 Jan- 100 common.; l 13 13 ___49 274 27 27'4 90 27 Jan 27 4 Jan 14 14 50 14 Jan 15 Jan : ; 99 13 30 13 87 88'a 105 854 Jan 88 4 1 50-4 5014 504. 315 504 Jan 1 , 504 Jah 3.75 3.65 3.85 8.616 3.65 Jan 4.05 Jan Jan 1 4c 4c 3,000 4c Jan 5c Jan 1 5J4C Gc 6.500 54c Jan 64c Jan 7 common 100 7 Jan ___« 1 16 30c 20c 16 65 & Power com "rie 8,300 244 244 582 47 3 4 48 275 12c 13c 1,700 * 15 4- 154 "5 50c Water 1.13 1.13 300 • 244 50 ' Winnipeg Brew class A Gold Gordon 1 — ___1 common : Voting trust certificates. Sigma Mines (Quebec) 2.10 1.92 2.15 61,901 —20 preferred Friday nage 20 20 20 525 20 214 * — 1 36 Sales Range for Week of Fiices Shares 20 16 Jan 30c 24 4 7 Jan Far Asbestos Brown • Co common- and Canada Vinegars Canadian Dominion Canadian Westinghouse Coast Consolidated deKavtl'and Jan 1.20 Jan _ • _ _ _ __. • _ _ 1,13 1.91 20 Jan Jan 2.38 20 International Utilities -M & 200 20 Jan 214 Jan Pend 80 20 Jan 21 Jan Price 540 Jan Jan 4V'e Jan Jan Jan 97 92 Jan 99 Jan 1,589 22 Jan 224 Jan 12'4 70 12 Jan 124 Jan 5 176 Jan 178 173 24 __ 3' no "900 B 90 91 235 3''a 34 3r,u 1,009 58 58 58 25 70c 70c 600 18 40c 17* 184 9,502 40c 414 c 14,213 8 16 17 50 434 444 780 180 Jan • 24 89 Jan 3V4 Jan Jan 94 Jan 3% Jan 56 Jan 58 Jan 70c Jan 70c Jan 19'A Jan 3 4 Jan 177/a Jan 40c Jan 45c 16 Jan 17 Jan 404 Jan 44¥4 Jan 3.90 Jan Jan common- O 5 Pipe.r__ Oreille _ 2.90 13,239 3.15 Jan 374 384 2.890 37V4 Jan 41 Jan 204 20,5i 214 2,021 204 Jan 224 Jan 26 4 374 100 364 Jan 374 Jan 17 4 184 174 Jan 5.70 5.70 18 _ Bros _ — 1 __ * 64 4 _ Temiskammg Mining City 3.30 364 264 Puner 21 8.85 34 2.85 International 8.30 Jan 1,650 26% 139 224 4-4 8.30 8.30 4 High Jan Jan 96 __ Jan Jan 34 244 135 124 * __ Jan 1512 Paper Aircraft Jan Jan • 16 22 4 5 Dalhousie Oil Jan Jan • Copper Jan 15 Lumber 139 96 « Western 32c 13c —100 22.5 224 J Canadian 254 484 preferred Canadian Vickers Jan Jan ■ Low 26 139 34 Range Since January 1 Hich 254 • Industries Jan Jan • Sugar- Canadian Marconi Jan 10c 1 100 Canada 16 474 Low * Preferred 204 204 Corp British Columbia Pulp & Paper old_100 Twin see Week's Last Sake Frier STOCKS Jan 3c 1 _• common Stock Exchange-Curb Section Jan 40c • Gold For footnotes 15%a * Preferred 1.13 94 „ Breweries Jan 15 19 __ — 'George) 81c 28'2 Rouyn Ltd Shirriff's 59 38c Products 1.05 7c Ehawkey (1945) Mines Sherritt Jan 24 c Winchester Larder 94 Preferred Creek 50 Jan 7c 284 Co_ Co 175 8c Mines Bhnwintean Sicks' 184 Bridge Scythes Sheep Jan a 9*4 Sand River Gold Shea's 18(a IB1 * Corp preferred. Samia 1.90 1 Industries 6annorm Class Weston Jan * Gold Artr.onio Jan Jan 1.75 A__ 2nd' preferred'-: n II,100 2c commori_-____^_ Jan 124 7.820 79c ."____73c SaguenayPower preferred 8a 57 19 W) Malartic 89c. 1 6t Lawrence Paper ,1st preferred 2nd preferred u f & Jan Jan 1,621 1.80 common u et Lawrence '1st <Q 174 15*2 134 1812 1 Hank Rustell Jan 25c 52 * Ltd 134 280 13 1 Roybar Chlbougamau Rupununl Mines i Jan 59c 38c _ \Vest 94 Lac Royal. Oair. Dairy Royalite Oil ; 28 4 Jan 2c Western Ashley Minerals Western Grocers common 95c • - Jan Jan 20c 19 L Westeel 16 Yale Silk .-class 254 50c ____ _______ Jan 8Gc 1.75 1.80 87c (Little) __ Jan 1.05 7Gc 1.0G Ltd RoDinson I,433 1 ______ Hiram) 1 204 Riverside Jan 25 ______ Amulet 1 ,s. 44c 28 1 __ Jan 87c 1 • Jail Jan 4234 64c . ? H' J Waite 1.425 * ; 23.000 50 # Cotton Waterous 4,200 Mining Oils Wabassp Walker 77c __i-. Mines-. Jan 41c 27 7a 294 » . Mines Jan 93c 1 Reeves MaeDonald. 9c " Oils Jan 434 Quinte- MilkL-clasa-A Roxana Violamac _1 Regoourt Jan 900 _______ Mines Gold Jan 43 * Airways Quesabe Mines RoyaJ 4c 70 c 1 Dome Quebec Manitou ; 3.30 1512 Quebec Labrador Rocbette 1.95 Jan 1 Mines Long Jan Jan Jan 87c ' Queenston Gold Rooho 3c 94c 87c trust •certificates Gold 74c Jan 43% • common Metals Reno 1.95 17,000 1 River Fenabie B4c 7c 214 preferred. ___ Virginia Dare preferred Vulcan 8c 1.368 Jan 60c 3.25 ROuyn Gold •34c Jan 84c 22c Ventures Ltd Jan 3c Jail 124 53 * 2c 12 Jan 600 * Canada Jnn 114 25C __. 30c 3 4c East Upper 11 435 154 Steel 4 c Jan 300 534'C 534c —-* A 12 38c 534c Oils United 5,825 3c Pardy-Mic-a- Mines • United Jan 2.0(H) 1.60 Preston - Jan 5c 4 class 3.000 3.15 Quemont Class B preferred United Keno Hill Jail Jan 27 \'z 41c • United* Fuel 1.36 104 124 100 class A Jan Jan Jan 84c 274 B 32c 1.95 Pioneer Gold Proprietary Prospectors Class 3 4c 3.20 Mires—_ Porcupine' Peninsular Porcupine Reef Gold Pressed ■. 3'4c 1 Gold Corp United Corp 3c • Voting Uflan 1.20 10 124- ______ Jan Jan 1 Power 6c 4.90. J&11 24 4c Jan 114 Jan 30c __1 ._— 1.40 Jan Pickle Powell Union Mining Jan 170 9,000 25c Jan 474 17c Jan • Resources Jan 44c 1.000 167 • 1.24 Jan 5 Transvision-Television Jan 1.23 A Jan 154c 50 170 32 2 class Tuckett Tobacco preferred Union Gas Jan 4.25 Piccadilly Porcupine Powell Jan 1.36. 10!4 170 1 Petroleums 24c Consol Crow Exploration Finance 1.28 104 * _■ 75 170 * — 8c Jan lOVaC 12.050 94c Jan Jan 1.07 31.095 • ; 7c 1.000 4.40 4.55 • Ltd Oil Ltd h 7 V* 134c 151 i»c Partanen Malartic Paymaster c 1.08 1.11 15c A Transcontinental Jan 6 9c Jan 6 Jail 64 22c 84c Jan Jan 52 3.20 Jan 235 31 Jan Jan 19c 4,200 Jan 52 Jan 12.300 64 2934 30 Jun 20c 84c Jan 45 2.97 184c G 13c 74c 1,000 84c Jail Jun Jan 3.325 78,605 Tov/aginac 1.66 1.50 12c 10,500 Gold Class Jan 37c 24c Jan 4c 1 „ 2.24 Jan Jan 6 24c Jan 3c 9c 1.87 2.24 Jan Jail 3.05 2.16 2.05 Jan 2.70 50c 6 Toronto General Trusts 100 Toronto Iron Works common______ *' 26 Vic 4Vec Jan Jan 8c Jan Jan Jan 2.40 45c 2.97 114c Jan Jan Jan 6 104 Tomblll Jan 54 3.00 Jan Jan 10 V* Jan Jan _1 94c 8c Jun Jan 10 2.99 84c 6.900 G 52 Jan 6c Jan • 3.175 L-c 29:4 52 Jail 1 1.96 4c 4,300 • __ • Teck-Hugnes Gold Mines.. Thompson-Landmark 10 4 1 5,075 13c Jan Jail Jan 2.45 17.000 1.57 6c 72c 174 :• Jan 10 Jan 34c 294 :* 1.85 1.65 22,000' 13c * 1.90 24c 1G,500 47 c 1.50 L55 4c 2.52 3 Vic .1 ;__ 104 Malartic Pt;n;;.aii 4c 45c 50c Sylvanite Gold Mines 106 2.40 2.40 2 Torbrit Silver Mines Toronto Elevators Mines Western — * Jan 1 Paramaque Mines 104 l _, :: Jan 105 Mines River 54 164 9 4c 1.80 Jan Jan 66c 10 4c 9 64c Jan 10 Jan 54 173 1014 preforred Inlet Taltu Jan 64c Jan 29 4 Jan |54c Jan Jan 2.61 Surf Taylor 44c 94c Jan 154 c Jan 9,050 44c 94c 66 1.000 „ 66c 2.61 1.08 Jan 5 54 965 Superior Oils Ltd__ 1.15 27 4 2oo 265 Jan Press 100 54 2.400 • Jan 1.15 28 4 17 t Jan Jan 105 sreep Rock Iron Mines 6c 144 68c Steeloy Mining 9c Jan 17 Jan 1,200 Jan 134 25 ; Jan 1.105 1014 Jan 1,250 94 90 17 5c 7c Jan Jan 1014 • Jan • Fandora Cadiiiac 68c 84 86 .>• common 7c 1 Mines 55c 94 894 4c 10 Jan 10c B Canada 94c * Porcupine 33c • •Preferred *7c 1 Hershey 100 4 21 4 39,100 Mint" Pamour Jail Jail 8C Petroleum Page 99 Jan 7c __ _ 220 81c 74/40 1 (Eastern) 100 34 Jan ■_ pacific 99 35c Gold 9 4c • Pacific 99 Jitn Bros Jan 3c » Lake Jan Jan 9c Gold Red Jan 27 Jan 3,500 Malartic Orenaaa 30 Jan 334 10c » Orange Crvh Jan 26 6°c 9c • Gold Omnitrans Exploration 28 1,800 33c 9C MineS-h— Omega 66 27 49 ..1 Oils O Learv 30 264 1,775 common class Olsen 87c 4c Jan Jan 294 26 "a • 8 Jan Jan Jan 92 28.500 2,250 Ogama-Rockland OkaTt.a Jan 36 7c common. Gold 92 33c 6',4C Mines Star Oil O Britn ___ 20 72c 1 Inca Gold 92 69c 6 V'4C Northland 92 33c Radio class A Brock Jan 3c __ 92 74 334 Preferred Jan 1.32 47c Jan 8c 44c Jan • Paving common 7c 2,000 _ J an 7 100 60c G4c Extension 9 4 150 * Chemical 44c 22.041 2.70 l,14u * 8,099 21,000 G4c a 7 69c Mines 23,750 3c 7c 9' 7 334 Co 57,600 4c 154c Mines 94 7. 1 common Braze&u 8c 84c 1 Nonartic. Jan 10 934 1 Co 87c 8c Corp Norgoid Mines 9c Jan Jan 3c 54c Nora nda. Mines 55c 20 Malartic iN> 47c • 5 Jan 10© Pi-eferred Jan 84c 1 Mines Nhpissing Mines Northern 1014 34c — 48c Jan 7c 3c Jan 19,100 50c 29 7 « Gold enen Starratt 60C 1 A . Oils New 87c" Jan 9 4 7,000 44c 1.68 Jan 2,000 40C 44c Nicholson • Jan 4 7c Norzone Norpick 8 38c 48c __ 100 1.60 1.15 ._1 Siscoe High Jnn 49c Jan South 20" Low 30c • 22 Range Since January I High 66,950 100 B 28 V* 41c Gold Pacalta 114 Low 32c 374c * : Preferred 80 1.15 Ne.wnorth. Gold Nejv' Jan Class Jan 190 -1 . Ne.'Wlund Mines New Jan 9 385 1 Marlon 36 4 Jan Shares 32c • Silvenvood Western Dairy pfd. oimp&un s Lie class A 114 Jason Lore on Jan 9 Jan for Week 1 .__ 22 4 33c 100 _. Golcvue Nib 344 64c 7 1 l Dairies class A Class B 284 -1 Calumet New New Jan 74c • preferred Jan 224 —10 iWm) Alger 28c SUverwood 114 224 ~ Mines Neiison New 11 Jan 6c 85 Jan 284 » • Trust 80 9 Jan 3 '' ______ _ Car 344 264 Sllanco Mining Silver Miller Mines___ Sales Range . Par Jan Jan 16'c 1,500 104 • Rights New 6c 3 75,300 9 ~9 1_ Petroleum Steel 28c 6c 310 134 4 2 Hosiery class B National 22c __ ™I~5 com.. National Grocers common Preferred 3 78 Week's ofPricts Last Sale.Price High Jan 10 3 common Drug & Chemical National 1 __ Low 390 264 274c __ High 764 264 264 3 Moaner Long Lac Myiaftiaque Mines STOCKS Range Sinee January 1 "754' 76 25 >1 Friday Shares common (495) MARKETS ENDED JANUARY for Week. of Frices Par Corp Preferred LISTED FOR WEEK CHRONICLE Sales Last Sale Friee Moore FINANCIAL _ 1 • . _ _ 7c 7c 10 4 • 65 7c 114 2.845 27 5 , 50 2.000 275 5.60 18% Jan Jan 6.00 Jan 644 Jan 68 Va Jan 6c Jan 8c Jan 84 Jan 11V4 Jan 35 36 & COMMERCIAL THE (496) Monday, January 30, 1950 FINANCIAL CHRONICLE OVER-THE-COUNTER SECURITIES Quotations for Friday, January 27 Obligations Of Government Agencies Investing Companies Fund Affiliated Corp_ Holding Amerex 4.11 Axe-Houghton 1 Beneficial Corp I 1 Fund lnc Axe-Houghton Fund B Blair Holdings Bond Inv 1 • 1 Corp of America Tr Fund lnc Boston 1 lo 3.43 Business Equipment shares-lc Electrical Equipment sharet-lo General Industries shares—lo 4.12 3.96 4.37 3.33 3.67 3.80 100.93 22.85 3.22 lo lo lo lo Steel shares Manhattan Bond Fund Ino_lOo Mass Investors Trust— 7.40 interest—1 27.68 29 92' Century Shares Trust 1 36.20 38.92 Mass Investors 2nd Fund Inc_l Mutual Fund of Boston Ino—1 Mutual Invest Fund Ino 1 1 14.88 16.10 100 4,150 4,300 100 136 141 1 5.75 6.25 1 14.28 15.72 2Bo 1.52 1.67 Fund Chemical Christiana Securities com Preferred Commonwealth investment Fund Delaware Dividend Shares Eaton Nation-Wide SecuritiesBalanced Fund National Investors Corp National 1961 3s_ 100.4 101.30 102.6 1 100.10 100.6 l%s Oct. 1, 1957-1955 12.51 15.10 14.39 15.92 1 1 14.07 10.27 6.87 6.47 100 3*2 100 A 1% % 1954— 100 Series— Certificates —1 —1 27.10 18.11 28.98 19.36 Preferred 1 6.82 3.95 26.85 4.17 29.03 Income Series Speculative Series 1 I 4.41 1.92 31'A 5.27 2.11 33 5.85 stock Series, 1 Industrial Stock Series .0657 100.0672 .0755 100.0500 .0749 Oct. 1, 1950 1, 1951 .0072 99.9938 tl%s Jan. 99.8954 tl%s .0036 3.26 Fund Inc.l 10 _1 Franklin Custodian Funds lnc— Preferred stock series lo Common stock series lo Fundamental Investors lnc 2 100.0569 1950 1, 4.82 2.98 July . 7.45 20o 1 100.0568 1950 .0821 tlfts sept. 15, 1950 .0486 100.0403 — 1950 1, tt%s 100.0000 1950 1. Xl%s Mar. 1, 1950- 1, {1%S ,>tf Ask Bid Indebtedness— of Feb. XI %s Apr. tl%s June 100% 7.51 7.07 .1039 100.0787 wi— 1951 15, 15.11 9.50 1%% 1950 1, 1, lndebt (cont) of Certificates Treasury Notes— X April Ask Maturity— Ask Bid Int. Rate Maturity— 13.52 13.89 Indebtedness Price Dollar 1 Security 9V4 "•3» 1, 1955-1983 U. Si Certificates of XMar. series Bond 195^1950 .»• I953"1951 Mav 1 100.6 120% 100.2 119% 1953 1, Canal lOct. Howard— & beneficial Feb. wi 8.11 8.90 18.04 20.65 of 1%S 4.42 8.89 16.69 18.84 Ctfs May 99 24 lVis om„ Panama 99.28 1952-1950 2%s Feb. 100.1 1950 15, 100.2 100.3 Ask Bid Federal Land Bank Bonds— Ask , 4.33 4.01 I 1 Corp Invest Street Sept. — Central Bank for Cooperatives— 4.47 10c Fund lnc Bowling Green i960 15, 3.55 3.93 4.05 Bullock Fund Ltd Broad Bid 100 4.19 Feb 1.35s Furnishings shares—lo Home 1.25s 32nds of a point point represent one or more Figures after decimal Federal Home Loan Banks— 3.78 3.74 shares Non-Ferrous Metals Paper shares Petroleum shares 3% 2% 96.89 21.14 47.62 Automobile 8.46 16.21 7'% 7.83 14.91 6% 98.55 46.67 Managed Funds- 4.22 3.90 96.58 Loorals 8ayles Mutual Fund—• Lnomis 8ayles Second Fund_10 34% 33 % 10 1 Shares Business American 1% Inc. 5.81 4.45 Ask Bid Par Mutual Funds— Ask 5.29 i Securities Aeronautical Bid Far Mutual Funds— Fund Balanced Stock Fund Equity Fund lnc Fidelity Fund lnc Financial Industrial First Corp. Boston Trust Fund First Mutual 5.20 15.01 Stock 1 Series 6.32 6.91 3.61 3.95 3.86 4.22 1 15.33 16.48 1 1 1 1 9.90 10.85 Fund ^ew England jjew York Stocks lnc— Fund Industries Capital Corp General Trust Investors General Group 1 1 1 lnc 17.61 56.13 5.39 16.29 52.20 4.99 Automobile Aviation Bank Securities— stock_II supply Building 6.94 7.61 Chemical lo lo 6.17 5.82 6.77 6.39 bond series Diversified Industry lo 7.73 8.47 lo Electrical Equipment shares lo Food shares lo 6.58 7.22 10.77 5.42 Fully Administered shares—lo General bond shares lo Industrial Machinery shares lo 7.24' 7.94 Machinery 7.75 6.97 9.44 8.56 5.87 8.07 8.50 7.64 9.91 oils shares Automobile shares Aviation Building shares shares Chemical shares—lc Institutional bond shares—lo Investing Company Priced shares lo Low lo lc shares Merchandising 9.83 4.94 , 3.61 stock shares lo lo —lo 4.64 4.85 4.65 3.97 5.10 5.33 lo 6.10 Railroad shares shares Tobacco Utility shares Petroleum 1 10c lnc Fund Income Foundation S Investors Ltd— Aviation Group shares Incorporated Bank Group Insurance Investment America Trust of Boston Investors Management 8-3 8-4 Knickerbocker 9.35 16.88 10.85 11.89 Fund As Trading (net lnc asset 1.15* 3-50 bl.30 1.15* 2- 1-50 11- 1-50 bl.30 1.15* 8-1-49 5- 1-50 bl.30 1.15* 1.30* 1.35* 9- 1-49 6- 1-60 bl.30 1.15* 1.30* Street Bid Feb. 1950 2, 9, Feb. Mar. 30, 1.00% April 6, bl.10 1.00% April 13, bl.10 1.02% bl.10 1.03% April 20, 1950 April 27, 1950 23, 9, 1950 .... 2.64 51.88 51.88 10.79 11.68 20% 22% Banks & Trust of the Bank of New & Co—10 Manhattan Bank 6.66 53.75 _1 25o 11.73 72c 81c Chemical 18.43 Commercial National Bank A 1 6.53 8.85 14.96 Union Preferred Stock Fund—1 Union Common Sto^t Fund 1 19.77 27.57 24.00 16.88 10.00 28.83 26.19 18.42 1 1 1 1 Wellington Fund Whitehall Fund lnc—: Wisconsin Investment Co 1 — _100'• 139 Central Hanover Bank A Trust Bank National Bank Trust Trust & 9.83 10.68 10.47 County 19.59 16.04 18.11 3.69 4.00 50% Bank 8.60 2.22 2.52 Kings County Trust 297 31% P) & Co Ine City Bank 100 12% Par Aetna Insurance Aetna & Surety—10 10 Life Bid Ask Bid 97 0 Insur Co of North America 10 106 Jersey Insurance of N Y 20 10 80 83 71 10 26% : 74 Alliance American Automobile 4 24 % 53 American Casualty American Equitable 1 1 15% 23% 50% Prior $2.10 preferred 1 lo $1.05 Convertible preferred—8 \ Casualty-I American of Newark 2% American Re-Insurance lo American Fidelity & American Surety 17 25% 16% 9% National Casualty 10 51 % 53% (Detroit)—lo Bankers * Camden York Forster lnc 21% 23% North 65 67 Northern lo 10 Continental Casualty— A Hampshire Fire New 64% 67% 35% 67 Fire River Northeastern Ins Co . Federal 19% "8% 136 15% 17% Phoenix 10 99 % 103% 6 5% 6% lo 35% 37% Providence-Washington 93 96 Reinsurance Corp B 20% 21% Republic lo (N Y) (Texas) Globe A Globe & Rutgers Fire ana Great preferred American 32% Seaboard Surety 51 53 5 Republic 30% 8 Falls 12 13 Security (New Haven) Springfield Fire & Marine common_5 18 . 1st 103% Delaware Power A I Standard 13% 15% 92 33 Accident Travelers 32 12% 102 Tenn Gas Transmission Js_1903 103 Par 54 57 35% 48 Cen Ariz Lt A 10 7% 37% Conn 100 432 39% 447 A Lt $2.04 Elec— $2.20 pfd (series 1949) 100 V 2 ,02% > — 103% Pub Ser (Colorado) 4.40*—100. 126 pup Serv of Okla 4.65* pfd.100* Rochester Gas & Bid Ask 104% 105% Elec_ gan , 100 Diego Gas G—100 20 105 - 106% 21% 21 % staten Island Edison— 100 4.90 % preferred 53 . 106 A Elec— 4%% preferred 52 127% 107 Tenn 3 Gas 107 108 % 100 105% 106/2 Transmission— $4.65 preferred * , • 52% 53% * 52% 53% Union 4* Electric Co of Missouri— • preferred (not Included in year's range), b Big yield price, d Deferred dcJlve*y range). e Ex-interest.. f Flat price, k Admitted to listing on N. Y. stock Admitted to trading N. Y. Curb, rCash sales (not included in year s rangei. liquidating dividend. (Un) Admitted to Unlisted Trading privileges. wdWhen issued, x Ex-dividend. y-Ex-rights. z Ex-stock dividend. • Odd lot sale included in year's change. n U S Fidelity A Guaranty Co—2 50% 52% 36 38 U S Fire 4 65% 68 % 114 119 U 8 Guarantee 10 83 % 87% •No Hertford Steam bo Her 10 22 23% 11949 $ Pow preferred 10 Westchester Pitt Pwr $2.50 pfd_50 preferred 10 38% .//pfd p,d-10O A Elec— 100 Central Hudson Gas A Hartford Fire 36% 4i/a 51% ,0 37% 46 Valley Gas preferred $4.25 SO Hartforl Electrte S^Oo pM $4.75 preferred series 105 lo 10 10 105 104% 105 4.75* 2 10 96 31% 1979 38—1979 Blackstone ■ % 103% ,,103fe Indiana Serv of Public Light— Light— mortgage 2%s Hanover Fire 2%. Service Co Stocks— 69 St Paul Fire A Marine Glens 109 28 75% General Reinsurance Corp 108 .07% 26% 116 65 67 Firemen's of Newark 106 Kansas Power & Gas 61 72 % Fireman's Fund of Frisco N 47 Power Dug. Ask Bid Par Stocks (Continued)— .05% 18 10 8 63 50% 102% 45 Indemnity Co Peerless Casualty Co 10 48'% .05% lo Pacific 10 10 A—12% Bank of Amer N T A S -1978 Indianapolis Pwr ft;LP2%s_1979 37% Fidelity A Deposit of Md Francisco San 8 655 625 2%s ———1969 42% 35% 62% Fire Assn of Phila 60 91 87 7% 102 ,. 40% • 10 P?eferred Accident 74 Kentucky Utilities $4 75 pfd.100 101% 2 10 Group Assoc Employers Reinsurance 58 104% 39% 7% 72 20 Bank 103% 31 28 Bank United States Natl 1984 Powers*. 60% 3.33% National First 88 42 *>«"> 37 % 2.50 —12% 37 35 103 .03% 29 12.60 20 Trust 44% 37% 64 % & Portland 102% 58% Pacific Fire Employees Bank 102% Power 8 102% B 10 Fire Connecticut General Life— Cram Amsterdam Casualty 21 10 Shippers Boston Maine 8 New 290 Peoples First National 2y.s_.979 Pa Power Oregon Centra. 2%s lo New Automobile Tel Associated Com. L«t ft National Union Fire 295 Trust—_100 x270 2%3„_1979 Calif 32 % 33% 8% National Fire Bank—100 Deposit Natl Mellon Natl Bank & 106% Bell Telephone or 3i3/4 61% Farmers 105% 25% 30 % 35% 37 Ask 24 fl 22 35% .10 103% 53% 4 59 of Detroit. 1979 ->102% 20 8 33% Bank Security Issues 19 17% 20% 37% Bid 50% Massachusetts Bonding Merchant Fire Assurance 25 36 Pittsburgh 257 85 40 no \ Merchants A Mfrs Assur 10 55% 36 Bonds Maryland Casualty common American 12 100 & Trust 32 325 310 Ask 34 61% 21 Agricultural Par Home 93 59% . 25 National United States Trust 30% 100 Detroit National 43% 251 42% 25 Public Nat'l Bank A Trust_17% Companies .480 53% Title Guarantee 20 Bank 18 V2 York Trust- Sterling 625 City Bank National ,260 20 (J 350 600 33 28% Co Trust Manufacturers Morgan 21% 10 17% 100 1,440 25 41% Irving Trust 335 100 107 288 100 100 Trust Co— Cleveland 37 100 1.200 Commerce_lO Lawyers Trust 3.83 2.25 61% 10 $ 31% — Savings Co & Trust National Central 20 Bank National 214 -r 35 104 Industrial Bank of Guaranty Trust 7.46 7% 10 50 Trust Fiduciary 207 52% 6% ~ 59% A Trust-—10 Empire Trust Trust Harris 87 % 85 100 Bank National Northern 200 Cleveland A '• Trust Co (White Plains, N Y) Ask Trust—33% & 41% 38% Trust— 17.95 Federation 98 First "" 10.26 Bid Illinois Bank National _10Q Trust City Natl Bank A 46% 147 95 36% - Stamped Corn Exchange Bank &Trust_20 New Casualty 1.05% 1.02% 1.04% 1.04% 1.05% Companies Par 337 41% 20 15 10 20 Co Continental Bank A 7.35 First Series 1956 Trust Brooklyn Trust Chase Unit Type Trusts— Diversified Trustee Shares— Series E 112.00 Independence Trust Shares 1 North Amer Trust SharesSeries 195S 1 1950 Continental 322 44% 100 10 6.58 Bankers 27% York Fifth Avenue 10.76 1 : Chicago " w 26 York New 50.75 Wall Street Investing Corp 1.05% bl.10 bl.10 bl.10 bl.10 bl.10 1950 1950 Ask -'-Bid Par 1 United Income Fund Shares - 1.04% bl.10 1950 Mar..- 23, no<W„ 0.95 /a bl.10 Investment Corp_* Series C bl.10 1950 16, hi .10 in b 1950 16.40 2.41 2% Mar. 0.90% 1950 16. Ask Bid Ask bl.10 — ~ Feb. Feb. National Aetna Bills United States Treasury 22 15.72 8.08 14.64 Insurance . 8.75 15 value) _• Union Bond Fund series A Series B 2.71 bl.30 1- 1.35* 12.34 1 1 25c Fund 1-50 2-50 6.78 7.98 B 1 1 ; Sovereign Investors 5.32 910- Mar. 11.26 1 1 greeted Amer Shares 4.88 4.85 2.48 1-49 9.25 22.04 1 Fund 1-49 12- 6.09 6.19 1 shareholders Trust of Boston—1 16.27 22.98 28.31 15.14 12.06 11- 1.30% 8.44 1.90 10.92 17.76 25.07 31.97 16.52 13.16 5.33 1.30* 1.15* 5.56 4.86 24.39 1.15* bl.30 1950 Mar. 2, 1950 Television Fund lnc— Trusteed Industry Shares com Trust Lexington 11.98 8.53 15.40 9.26 86c 1.20 13.86 10.73 Stocks)—1 (Appreciation com Stks)_l (Low Priced com Stks)—1 (Income 10.93 8.45 x78c 1.09 12.65 9.87 Keystone Custodian Funds— B-l (Investment Bonds) 1 B-2 (Medium Grade BdB)—1 B-3 (Low Priced Bonds) 1 B-4 (Speculative Bonds) 1 K-l (Income pfd Stocks) 1 K-2 (Appreciation pfd Stks)_l 6-1 (Quality common Stks)-1 8-2 1 1 1 1 1 Stock and Bond Group of 11.11 lc lc 1 lo lc shares shares Co 10.14 1.75 State Group Investment —1 ^.50 22.56 bl.25 3-50 14.04 Scudder, Stevens & Clark Shares Institutional 1-50 4- 10.43 Putnam (Geo) Fund Republic Investors Fund— Fund Howe Plan Fund 9.52 Tobacco ^6.69 3- 1-49 11.55 12.81 steel 5.11 1-49 7- 4.41 1 1 lo 1-50 8- 6- 11.49 1 shares bl.30 1.15* 12.79 10.48 Railroad Railroad equipment RR Equipment Ask 1.15* 1.55* 12.34 Metals 8.14 2.78 Steel 11.67 11.26 Merchandising 5.76 Bid bl.30 3-50 7- 3-49 9.44 Diversified Investment FundLl Diversified preferred stock .1 Electrical equipment —1 insurance stock 1 Pacific Coast Invest Fund 5.25 7.76 12.05 8.61 4.02 Public Utility 7.42 2.52 shares 7.08 11.00 10.89 8.85 lo lo Railroad 7.09 1 6.44 shares shares Petroleum 6.47 1 1 Corporate 9.38 Bond Mining 10- 1.30* 1.55* —I 1« Agricultural shares Ask 1.10* Due Dated Rate Bid 1-50 2- 2-49 5- bl.25 Due Dated Rate 1.55* Agriculture Gas Federal Intermediate Credit Bank Debentures 5.31 4.86 1 Selected Group Series 1 Low priCed Com Stock Series 1 6.57 5.70 16.45 6.00 Bond Series Low priced Ex¬ tExdelivered, wiwnen par value, tin default. XThese bonds are subject to adjusted (50* stock div. paid on Aug. 31)- range all Federal taxes. Volume 171 Number 4877 THE COMMERCIAL & FINANCIAL CHRONICLE (497) THE COURSE OF BANK CLEARINGS Bank clearings this week will Preliminary figures compiled by show a based us decrease compared a cities of the country, indicate that for the week endedSaturday, Jan. corresponding week last total stands at is loss a for the week Third Our week Our in 557,810.460 Philadelphia 881,000,000 280,000.000 "282,335,925 290,598,676 305,591,040 306,877,487 223,763,277 Pittsburgh Cleveland 207,158.429 - Baltimore cities, five days__ cities, five days—^. day one Total all cities for week. Complete and at time of Accordingly, in the In we above the last day of the week in all elaborate detailed the statement, however, which able are cases to we For that week there was an a in the gain of 4.3% New York District in and the in the loss of 1.2%. a and in 161,618,074 Mansfield 34,121,100 1.1 265,256.015 29,459,300 5,140,633 25,213,900 4.2 4,835,461 1.0 3,824,544 307,283,154 7,928,713 310.618,921 6,297,554 1.1 298,974,932 5,595,128 249,349,136 891,459,516 897,615,296 —10.7 883,718,603 716,214,913 2,736,738 —10.5 Richmond Reserve District the totals show Chicago Reserve District West following are we furnish a District of 0.1 — will Week Ended Jan. 21— Boston- as the — * the 3rd .12'citles Philadelphia 5th Richmond 12 _ 11 7 _ 6 _ 6th Atlanta 7th 8th St. 10 Chicago 9th 17 _ Louis-- 4 Minneapolis 10th Kansas 7 - City 10 11th Dallas— 12th San 6 Francisco 10 Total Inc. $ Dec. New We now add 594,993,353 7,753,272,255 7,436,719,546 1,032,689,700 994,539,290 <4 II II 4 II 642,303,085 679,357,234 1,023,192,501 it 952,660,220 572.243,812 580,273,660 375,745,476 404,746,650 516,742,151 Boston*'* Michigan—Ann Lansing 522,600,262 a Indiana—Fon but The 1.4 414,020 + 16.8 484,245 —19.1 355,149 117,743,985 115,556,662 5.5 661,624,380 586,724,619 679,357,234 8.4 3,127,559 2,665.410 6.5 + 93,867,380 93,428,613 80,918,279 9.2 — 7.7 — — 1,587,386 10,542,429 — 5,455,842 — Sioux City V. I,257,899 1,719,191 0.1 9,934,692 8,491,891 2.9 5,998,521 5,034,000 + 12.9 5,653.484 2.3 51,015,000 6,333,393 4,524,536 46,433,000 5,100,009 6,378,139 2,564,691 + 14.5 63,565.572 3,511,017 31,663,132 + 2.9 — Decatur.. Rockford 416,173,138 t 2.4 — 30,210,213 3,738,054 32,175,317 13,772,241 14,209,620 1,086,326 792,202,629 16,059,405 1,020,229 + 6.5 12,171,676 731,169,108 1,206,213 + 8.3 2,946,7S3 + 2.0 740,661,541 3,581,041 10,802,865 816,865 650,476,176 2,912,502 6.9 — + 3.1 II,530,894 4,878.077 9,202,543 2.2 3,488,058 4,280,049 3,360"321 3,626,962 + 3.8 3,324,192 2,618,632 952,660,220 + 7.4 957,518,882 838,824,156 4.1 319,000.000 133,630,151 102,677,735 259,700,000 111.981,038 1,023,192,501 — 661,624.380 586,724,619 7.4 957,518,882 Eighth Federal Reserve District—St. Lonia— Missouri—St. Louis 382,997,747 5.5 297,800.000 1.4 557,090,128 335,902,543 1.1 566,528,120 483,549,623 + 0.6 104,002,470 + 3.5 1,831,427 1,748,984 + 4.7 1,782,242 1,515,124 572,243,812 580,273,660 — 1.4 557,090,128 462,814,803 —10.1 5,573,146 293,001,387 5,102,266 236,529,746 90,755,818 6,334,599 73,245,125 — 313,089.003 232,365,570 2.0 804,333,134 Ninth 667,932,025 14,577,121,518 2.9 7,414,770,846 1.8 14,587,656,594 7,422,304,941 Federal Reserve District—Minneapolis—■ Minnesota—Duluth 5,507,514 249,578,517 Total (7 cities) statement showing the figures for each city for the —12.2 3,319,428 —12.6 10,139,274 Helena— 6,320,217,067 4,069,606 2,902,764 Montana—Billings 6,738,097 3,572,530 South Dakota—Aberdeen 13,607,184,535 94,760,259 6,315,618 Dakota—Fargo 280,109,363 97,729,259 Minneapolis St. Paul North 9,623,005 375,745,476 6,126,892 404,746,650 —10.9 3.1 + — 6.3 + 5.4 — 7.2 week ended Jan. 21 for four years: 7 Tenth Week Ended Jan. 21 or Dec.' % 1948 $ 1,566,484 Portland 1,427,070 3,748,333 3,511,403 502,882,718 Fall River 1,802,569 Lowell __ __ 1,779,970 + 9.8 1,500,262 +- 6.7 3,849,891 3,318,702 1.7 + — 494,000,394 1.3 2,069,166 1,658,104 - Worcester-- _ _ 1,085,032 ] 8,151,266 5,582.970 26,215,495 +■- 4.6 7,389,291 5,125,180 Second Federal Reserve 8.0 23,908,202 12,127,070 +" 6.5 10,588,180 8,876,719 28,911,800 + 3.5 31,775,400 Pueblo 1,390,278 1,596,608 1,163,452 584,451,609 535,070,592 594,993,353 — 1.8 + 22,108,127 1.2 — 27,730,818 + 89.8 26,544,832 8,824,206 3,428,310 3,081,019 + 11.3 2,413,392 2,188,475 93,729,969 85,099,447 + 10.1 92;875,069 80,295,781 1,863,268 1,819,044 + .,2.4 1,984,450 Buffalo _ Jamestown 1,981,121 1,830,852 + 8.2 1,766,420 1,563,874 7,162,350,672 + 4.0 7,165,351,653 7,286,967,468 21,877,239 Syracuse--- 14,572,851 15,217,973 Texas—Austin 15,738,873 + + ,, 5.8 1.7 20.309,964 15,763,579 16,134,381 9,996,259 3.3 12,618,721 912,266 Northern New Jersey 11,540,739 705,582 + 29.3 706,147 631,628 47,746,300 7.6 53,675,286 is 55,385,778 7,753,272,255 7,436,719,546 '• , 6,251,059 12,938,739 6.2 382,420,300 13,877,668 —10.8 15,171,605 2,555,304 —12.6 2,069,504 1,489,663 9.0 1,884,518 1,447,883 522,600,262 1.1 566,528,120 483,549,623 6,897,434 263,520,000 25,854,850 5,818,282 190,925,000 20,558,947 5,238,000 3,474,332 8,104,387 7,570,103 5.9 313,089,003 232,365,570 7.2 119,217,059 3,450,548 154,700,637 3,101,311 100,302,789 44,590,155 2,200,577 — — 41,379,290 — "" Galveston 364,982 + 6.5 138,087,241 + 4.5 116,898,333 5,186,674 — — 7,465,209 3.3 258,229,146 6.3 23,615,243 5.2 5,718,000 5,763,000 2.5 4,548,827 4,159,160 9.4 10,220,871 Louisiana—Shreveport 10,044,405 1.8 327,503,392 — Twelfth 3.1 50,166,490 45,692,717 7,432,080,007 7,499,927,939 * 13,561,477 325,669,907 12,332,291 309,276,163 + 4,850,000 2,643,238 Federal Reserve District—San Francisco— Washington—Seattle 109,572,596 - Utah—Salt Lake City. 118,090,921 2,763,516 3,310,402 —16.5 125,594,535 Yakima— Oregon—Portland 151,004,741 —16.8 — 102,334,982 60,627,115 59,372,982 + 23.8 9,792,786 9,104,594 + 39.3 446,732,881 San Jose + 10.2 12,022,882 12,686,640 Pasadena 55,006,671 14,885,590 California—Long Beach 8,253,305 410,946,947 7,247,927 8.7 425,840,760 380,322,645 + 24.1 10,731,947 9,599,331 8.6 4,004,738 4,084,457 2.1 8,968,372 + 2.0 804,333,134 + 2.9 + 1.8 + 12,989,829 +XTrtf , ' — 8,567,607 Grand Total (112 cities) Outside New York 4,662,015 8,750,505 — 798,680>529 Stockton Total (10 cities) 10,470,985 4,260,220 Santa Barbara. 34,559,294 4.3 341,820 6,256,593 24,854,297 Fort W'orth — + 484,881 609,910 6,610,363 7,713,,650 274,447,747 Dallas San Francisco 44,122,494 New Jersey—Montclair 20,678,310 14,813,843 Connecticut—Stamford Total;(Wcities!i 1,533,167 7,449,028,764 New York Rochester 75.9 York— 52,621,722 Btnghamton + 5.0 2.1 + Eleventh Federal Reserve District—Dallas- Totjal (6 cities) District—New 12,647,985 351,361,285 516,742,151 Wichita Falls 587,971,923 7,846,156 2,001,687 Total (10 cities) 25,904,300 1,415,797 York—A'bany Elmlra Colorado—Golorado Springs 4,298,599" 12,915,153 cities)! 124,060,539 — —13.0 5,765,436 + 14.3 29,937,000 Hampshire—Manchester 6,927,040 329,492,359 12,381,335 2,233,395 St. Joseph 1,612.221 8,526,851 571,630 22,247,973 Missouri—Kansas City 688,792 1,783,189 6,383,477 Island—Providence Total (12 New -'865,846 9.9 24,123,572 New Haven__ New 0.1 + _ - Rhode + 1,928,565 _ __ Connecticut—Hartford ■' 1,084,748 2,120,364 New Bedford- 552,078 8,200,504 Wichita • 335,902,543 524,647 Kansas—Topeka 458,465,300 413,112,194 3,503,544 2,662,950 468,898 Lincoln.. 1,410,840 8,628,137 7,071,441 132,119,912 Hastings $ - 494,347,291 Massachusetts—Boston Springfield Nebraska—Fremont 1947 6,230,775 3,851,715 3,233,047 10,362,482 Federal Reserve District—Kansas City- Omaha Maine—Bangor 89,618,641 462,814.803 413,112,194 164,022,206 107,674,901 Total (4 cities) 310,500,000 164,937,484 838,824,156 7.2 Inc. 4,380,241 50,502,570 3,556,980 4,773,091 Tennessee—Memphis Illinois—Quincy 5.9 $ / % 62,915.365 1.6 + 11.9 — 11,550,637 ... 716.214,913 + First Federal Reserve District—Boston- 4,806,158 3,006,961 _ Total (17 cities) + 1949 6,709,107 $ 309,276,163 $ 88,033,946 —19.8 53,905,000 30,888,511 1947 783,370,663 1950 3,332,218 6,400,753 3,456,226 Moines.,, 883,718,603 14,995,572,884 Clearings at— 3,604,035 129,443,878 2,489,604 . * 798,680,529 detailed 3,985,951 3,698,596 88,593,436 107,513,203 71,141,985 __J Illinois—Bloomington. ^ 60,855,428 211,800,000 7,305,239 Wisconsin—Milwaukee Chicago 18,401,369 63,434,814 260,200,000 55,162,000 ; Iowa—Cedar Rapids Dcs 19,024,642 4.9 4.1 5,759,243 Terre Haute - 1.4 67,146,030 252,500,000 1,274,131 Wayne—, South Bend . 19,661.367 416,858 5,296,401 Indianapolis 12.5%. 327,503,392 41 382,997,747 10,539,218 : ! Kentucky—Louisville — 416,173,138 District—Chicago— Arbor Grand Rapids 864,859.955 — + 12.5 483,390 104,679,675 Seventh Federal Reserve 7,499,927,989 — 64,014,276 420,969,131 642,303,085 997,937,396 it tt 72,474,529 5,907,697 Total (10 cities) 7,432,080,007 + 32.7 97,667,690 Louisiana—New Orleans 3.8 — 196,697,789 + 3,387,174 Mississippi—Vicksburg 4.3 it 220,298,321 70,004,056 94,352,346 Mobile + + 12.5 3,396,988 3,931,942 Macon. Florida—Jacksonville record $ —10.7 3,468.711 11.9 19,376,313 Alabama—Birmingham + 897,615,296 9.9 + 70, 535,070,592 420,969,181 + 214,379.233 2,018,568 242,100,000 584,451,609 891,459,516 3,397,345 108,092,126 2,520,453 District—Atlanta— Georgia—Atlanta Augusta. 1.2 — 7,546,544,120 our 1948 % 473,768.544 <1 York City Federal Reserve Nashville week District of 5.5% or 8,778,000 107,269,124 92,928,403 ' 1949 10,142,000 3.5 473,768,544 Springfield CLEARINGS 587,971,923 112 cities Outside BANK $ York ___ OF 2.3 + 239,793,452 Tennessee—Knoxville below the show + 3,733,220 Columbia—Washington 10,927,000 119,524,809 week Sixth improvement of an 1950 ; 4th Cleveland 2,448,655 11,178,000 appear going to press1.' but in 5,358,116 123,686,814 Total (6 cities) summary by Federal Reserve Districts: Fedfcral Reserve Districts New Virginia—Huntington Carolina—Charleston Maryland—Baltimore —13.0 totals 5,706,100 Federal Reserve District—Richmond— Peoria SUMMARY 2nd 7',849^000 South In the Kansas City Reserve District there is a decrease of ;1.1% but in the Dallas Reserve District there is an increase of 5.9% and in the San Fran¬ cisco Reserve District of 2.0%. 1st 4 924 443 Richmond 0.7 + enlarge its totals by 7.4%, but in the St, smaller by 1.4% and in the Minneapolis Reserve 7.2%. In the , Total (7 cities) has managed to Louis Reserve District the totals District by 6,603,681 Youngstown In the Cleveland Reserve District the Atlanta Reserve 4,950,820 a Pennsylvania—Pittsburgh present further of 3.8% 3.8 190,849,092 increase of 2.9%, the aggregate ofclear¬ Philadelphia Reserve District Reserve District the totals register the totals show a decline of 10.7% + 347.596,164 has to be estimated. (including this city) the 994,539,290 ' 1.9 ings for the whole country having amounted to $14,995,572,884 against $14,577,121,$18 in the same week in 1949. Outside of this city there was a gain of 1.8%, the bank clearings at this center having recorded a gain of 4.0%. We group the cities accord¬ ing to the Federal Reserve Districts in which they are located and from this it appears that 1,032,689,700 1.804,443 7,532,213 4.3 7.8 give final and complete results of the week previous ending Jan. 21. 8.0 34,490,300 0.9 + today, inasmuch not available 23.3 + 2.344,162 8.0 — $14,013,579,182 $14,016,291,039 are 864,859,955 + 7,818,503 0.2 — 11.9 exact Saturday and the Saturday figures 997,937.396 11,150,824 8,447,003 0.4 + details for the week covered by the foregoing issue of next week. We cannot furnish them our 3,271,593 4,439,615 7,499,550 2.8 — 733,143,718 -. 4,419,981 2,518,577 3.884,017 10,196.176 6,396,664 197,830,867 1.7 — $13,283,147,321 637,946,623 5,103,994 334,475,512 + 15.3 2,465,772,110 $13,375,632,559 3,404.545 4.7 23.8 + 189,379,008 2.2 — $10,817,375,211 2,658,302,020 — 2,358,600 835,000,000 12.4 + — 13,743,118 Virginia—Norfolk Total all 899,910 3,067,997 960,000,000 340,929,930 Fifth $10,717,330,539 Other cities, five days 2,913,147 5,458,108 3.6 + 2,140,447 _ 3.2 + 319,899,000 — + 17.6 Columbus $42,800,000 314,327,000 San Francisco— 1 3,032,027 954,000,000 Ohio—Canton,.Cincinnati '""Cleveland 1.5 — — 249,600,329 St. Louis 1,313,828 1.128,808 Fourth Federal Reserve District—Cleveland- ; + 21.2 450,593,770 255.050,720 964.605 1,137,296 3.6 10.1 4,432,309 Jersey—Trenton T 3.2 — 894,000,000 436,328,509 3.7 — 5,201,413 . $7,298,037,060 Kansas City ends % 676,167,418 Boston in 1949 $7,062,766,650 1,099,322 — 1,180,947 2,649,393 Delaware—Wilmington New Chicago cities, ; Total (11 cities) New York 1,216.063 3,273,849 York r 1950 1,189,604 3,564,259 988,000,000 Wilkes-Barre comparative $ — 1,170,938 Philadelphia Reading— At 1947 $ 1,138,364 Scran ton 1949. 1948 Dec, % 31 1,069,054 Lancaster preliminary $ District—Philadelphia— Bethlehem same Week Ended Jan. 28— All Reserve Chester Clearings—Returns by Telegraph Ten Federal Pennsylvania—Altoona 28, clearings Friday of 3.2%. ended summary for the week follows: ago. weekly clearings year. $14,013,579,182 against $14,016,291,039 for the there center year telegraphic advices from the chief upon for all cities of the United States for which it is possible to obtain will be 0.1% below those of the this 1950 $ with Week Ended Jan. 21 1949 Inc. or 783,370,663 14,995,572,884 7,546,544,12ft 14,577,121,518 7,414,770,846 8,670,705 7,677,723 i 667,932,025 14,583,656,594* 13,607,184,535 7,422,304,941 *6,320,217,067 38 Monday, January 30, 1950 Date FINANCIAL CHRONICLE COMMERCIAL & THE (498) Page Company and Issue— Borough Gas Co.— 3Va% bonds, due 1970 Carolina, Cllnchlleld & Ohio Ry.— 1st mortgage 4s, series A, due 1965 Brooklyn Foreign Exchange Rates Country anc Monetary Unit Jan. 20 "A" — krone — (Metropolitan), franc Dominion of, rupee France India, Mexico, — — . — .208700 Midlothian .909090 .909090 .896328 .397031 .896875 .208500 .208500 .155722 .262785 .262650 2.772896 2.772396 pound .496166 .0343166 .0348291 .327058 .327058 .327058 .193329* .193329* .193329* .193329* .232840 .232900 2.733750 2.800742 .658327*+ .658327*+ .658327*$ ,561797*t ,561797*t .561797*f $2387 Feb 1 1 139 Feb Feb 1 393 Feb 1 Feb 15 $2583 393 1 231 Date Page 1 357 .423531*1 .425531*7 Milling mortgage 1st Combined Reserve Banks thousands of dollar») (in 12 Federal Holdings of Treasury notes Increase Assets— fund Redemption notes — 352,636 + 26.493 120,421 + 23,794 2,090 Industrial loans 103,600 2.684,787 Bills Vitrified Products Co., securities- Total loans 17,763,587 Notes of 3.190 2,756.202 34,203 + 185 106,213 'Other assets + 4.693 44,483,277 assets 93,450 — 10,226 Reserve gen, . — 933,545 Foreign Other Total Other deposits availability items— 18,366,38:3 2,341,965 10,055 liab., incl. accrued divs. Total 157,861 671,790 — 43,636,832 liabilities —3,615,897 596,303 — + + — + 253,756 4,252 — + 15,740 3,942,704 118,722 215,152 33,781 + 1,884 — 273,894 — 2,227 4,582.940 213,600 438,173 27,543 122.129 + — 4.453 38.131 Treasury bills 3,271 Treasury certificates of indebtedness— 6.756 Treasurv notes 3,446 U. 8. bonds. 24,658 Other securities... 5,084 Reserve with Federal Reserve Banks 12,219 Cash In vault 787 Balances with domestic banks 2,335 — Ratio gold of serves, note accts. 44.488,277 certificate combined + — + 21,462 3~929 + 3L379 + + + — — + + 13 52 15 211 272 48 40 27 — + + 84 + 536 + 4,382 + 846 + 1,143 + 2,402 Name of 105 15 575 338 2.066 + 45 + 995 9,783 —■ 154 + 1,224 196 + 425 318 53 43,245 15.365 deposits adjusted + Debits + 12 45 — + interbank 0.1', + and indus¬ trial loans Radio Aircraft 1,835 — 200 21 5,758 weekly reporting member banks of the Federal Reserve System in leading cities shows the following principal changes for the week ended Jan. 18: An increase of $272,000,000 in holdings of Treasury bills; decreases of $184,000,000 in reserve bal¬ ances with Federal Reserve Banks and $154,000,000 in demand deposits credited to domestic banks; and an increase of $105,000,000 in demand deposits adjusted.^ condition statement of agricultural loans in¬ District and a total of $4,000,000 at all reporting member banks. Holdings of Treasury bills increased $144,000,000 in New York City and $29,000,000 in the San Francisco Dis¬ trict. Holdings of Treasury certificates of indebtedness decreased $66,000,000 in New York City and $24,000,000 in Chicago, and increased $22,000,000 in the A+lar>ta Dis¬ industrial, and $18,000,000 in the Chicago trict; the net decrease at $1.12Va Mfg. Beverage 25c 35c 15c 20c iquar.» (quar,)r:— — - Goods Co. Chain Hide Home all reporting member banks was 3-15 2-17 2-17 3-15* 1 1 1 1 & Cable Co. iquar.) Leather, 6'> pfd. (quar.) Products Corp. (monthly)— & Co. (Bait.) — semi-annual American Machine & Foundry Co.. 3-1 3-1 2-15 2-15 5c 40c 75c 10c Shares Business American 3- 1 4334- 5c 5c prior 4% 3-15 Corp.— preferred iquar.) convertible preferred iaccum. i——— 20c Holder$ Payable o) Rec. 2-15 2- 8 2-15 2- 3 2-10 1-31 2-20 2-1 3- 3 2-28 2-14* 3-15 3-10 3- 1 American Indemnity Redemption Balls and Sinking 199 Banks announced When Coip.— Inc. 2-3 30c 3- 1 3-10 3-15 2-15 2-15 meeting held Jan. 24.> Seating Co, (quar,). 25c 2-28 2- 8 Extra 25c 2-28 2- 3 $1 75c 2-23 2-28 3-15 2- 1 2- 1 3- 1 3- 1 3- 1 3- 1 4- 1 3-31 3- 1 3- 1 3- 1 2- 9 2- 3 2-24 1-20 $2.80 Increased Condition Statement of Member Commercial, — Iiie tquar.) Extra American 6.1% Fund preferred American Pulley including The date corporate bonds, notes, stocks called for redemption, those called under sinking fund provisions. indicates the redemption or last date for mak¬ common number gives the location in indicated) in which given in the "Chronicle." ing tenders, and the page the current volume the details were (except where TENDER OF Date Company ar.d Issue—. Port Asuncion Byers St. (A. M.) Concession Corp.-, 8>> • Feb 31 190 1 gold bds., series A, due 1990.Jan 7% cumulative preferred stock Co., Page 2 gold debentures__Feb Louis Southwestern Ry.— Gen. and ref. mtge. 5% - 364 Date Page 1 1 3% bonds, due 1963_Mar 1 * 189 * Company and Issue— Arizona Ashland Atlanta Edison Co.. inc., 3i/s% Gas gpT.o'vial 15-yr. 1st mtge. bds., due l974_Mar Oil & Refining Co., 20-yr. Light Co., T^ftustrioi 1st mcge. 3% debs., due 1965_Feb Loan Corp.— debentures, due 1964 -— Feb 1 ...... S tN. Y.) Corp.—'Directors dividend at Co. . Razor on ... Ship Building Co. (New Jersey) American Smelting & Refining Co American Steel Foundries. Thermos American Bottle Edison Co., 6% 50c 25c Dry Goods 1st preferred $7 2nd preferred 75c 6Y4C (quar.) I Inc., $5 Arkansas Natural Gas Corp., Associated 50c : Conipanv, common (quar.) participating pfd. Participating Arizona Corp., pfd. 6% (quar.) pfd. (quar.) (quar.)__ com. the Atlas 3-15 3-15 2-10 3-13 2-10 2-10 2-14 3- 3 2-15 56(40 75c 3-31 2-28 3-17 I "2-24 the to 14th. Brewing Co Imperial Diesel Series Aunor 2-10 2-10 have folders ol record date of shown above from Feb. 13 Engine Co.— (quar.) Series B preferred (quar.) Atlas 1-27 2-14 2-10 25c they the payment $1.25 15c 40c $1.50 $1.75 $1 (quar.) (quar.) Line RR.__-_. company informs us that Atlantic Coast The 60c 25c (quar,)___ Appletcn Company (quar.» Archer-Daniels-Midland Co Arden Farms 2-28 2-16 2- 6 2- 3 common American revised PARTIAL REDEMPTION $1 30c American $3 NOTICES Co action no 20c (quar.) Co. Safety American be found a list of and Meter American American Re-Insurance Notices Below will creased —; Steel American 20c 8c $1 — Institute, Company (Lcuis) Allis (quaf.V Corp. Laboratories, Allied took The ———— Share Corp. Hamilton American 22,944 week 170. . Company Vending ABC Alexander deposit accounts, except U. 8. Gove, accounts, demand to + + —. payments shown below were Aluminum banks Foreign + Voiume Per Allegheny-Ludlum $4.50 preferred deposits, except Government U. 8. Government deposits Interbank demand deposits: * during the current week. 9 — tin issue, 140 140 1 1 DIVIDENDS — — this in The dividend 903 — 2,494 — 16 + 73 — + + bds., due serially to 1959.Feb bonds, due 1960 Feb j— 29 184 52 80 — + + 45 28 311 Liabilities- Borrowings 4,519,120 269,554 + + accept¬ 9.031 make 10,979 195 364 * *2588 Ry.— 3' trust American 56.2/S purchased for foreign to +■ securities—Total Government 8. Maryland Collateral •Announcement loans Other during . correspondents ■Commitments + re¬ to deposit and F. R. liabilities Contingent liability on ances loans estate Domestic banks — Total liabilities & cap. 411 —— + — 151 428 4.392 ———269 Time — 10 7 1 Feb 1 Maris Corp., 3+ e'c pfd. stock, series A_Feb 1 Feb bonds, series A, due 1974 5J2+ Westinghouse Electric Western . Other securities Demand Capital Accounts— Capital paid in Surplus (Section 7) Surplus (Section 13b) ■Other capital accounts 152 437 for purchasing or carrying: Government obligations S. U. —4.519,120 23,906 474.18.1 - „ Deferred 67.297 acct. 16,419,496 acct. 539,154 bank—reserve — Union Ry.— Pekin & mortgage Collateral trust l37+ -3! securities Other O. Treasurer S. 179,348 22,918.429 . Member U. — 14 36 obligations Government S. Loans to banks notes 1.553 Other loans 269.554 liabilities— Federal — — Real .Deposits: 4 429 843 U. 48,780 — + for pur¬ chasing or carrying: 1,905 + dealers and brokers to 1st Society of Sisters of Charity iLewiston, Me.) — 1st mortgage 4'bonds, due 1959 Thew Shovel Co., 7+ preferred stock— and agricultural industrial, loans Loans + 313 73 73 + + & Light Co.— mortgage Peoria + 4,791 '—494 — 410 67.670 24,455 24.826 369 1914— dated bonds, mortgage Power bonds, due 1969.; Jan 30 193 La preferred stock. Feb 1 361 Melville Shoe Corp., 4+ prefererd stock— Feb 1 *2437 Michigan Chemical Corp.. 4 c conv. debs., due 1951.—Feb -1 301 Minute Maid Corp., $2 conv. preferred stock Feb 1*. 362 Northern Indiana Public Service Co., 5+ pfd. stock Feb 27 • Patrician Annex Apartments (Parkway Bldg. Corp.)— 2nd mortgage income bonds Feb 1 +2586 Patrician Apartments (4C5 Fullerton Pkwy. Bldg. Corp.) 2nd mortgage income bonds .Feb l *2587 1949 13,861 Commercial, 14,032 — —. Loans—gross 11 — Investments—Total and Loans—net 103 103 —Feb 14 3Ja+ France Industries, (in millions of dollars) Assets— 1st 1st Jan. 19, 1950 1950 Loans —4,612,247 6% Kansas lac. (4-) or Jan. 11. serial 2ln% *2584 & Elk RR.— 4+ bonds, due 1966 bonds, due 1950 and 1951 mortgage Hasting.: Square Hotel Co.— Dec. (—> Since Jan. 18. 60,131 — 213,146 premises- Total 84,317 First of reporting of the assets and liabilities follows: —1,294,125 —4,275,598 154,6-50 items Uncollected . A summary member banks 1,331 + 5% Greenbrier, Cheat City and $31,000,000 in the Chicago District outside of Chicago. United States Government deposits in¬ creased $45,000,000. Demand deposits credited to domes¬ tic banks decreased in nearly all districts. —3,135,104 38 other banks—- 337,880 108,100 — 17,836.098 and securities foreign banks 18,786 — — 4,500 7,129,650 Total U. £. Govt. 78,942 gold debentures, due March 1, 1969 gold debentures, due April 1, 1958 gold debentures, due Nov. l. 1963— Boston Corp.f 3%+ preferred stock First * 190 102 *102 Mar 1 ...Mar . 1 Apr 1 May 1 Feb 15 1, 1966 due Jan. gold debentures, 5+ * +2222 Co.— Service 5+ trict, $32,000,000 in the Atlanta District, and $22,000,000 in the Dallas District, and decreases of $46,000,000 in New 183,057 + + — 550,700 Bonds 261,999 — + 6,398,450 Notes Bank 11 . securities: -Certificates W. R. 277 4,723 + 23.198,227 advances and '+ ' 547,796" — ctf. reserves cash Due from Feb 1969 ISSUE CALLED 5"o York 1 5,000 + T R. F. 1949 s 22.650,431 I for Gold certificates Jan. 26. 1950 $ 000,000. deposits adjusted increased in six districts and decreased in the other six; the principal changes were increases of $101,000,000 in the San Francisco Dis¬ +) or Jan. 18, 1950 Cities Demand decrease i- -) since Jan. 25, decreased $40,- securities'' increased $29,- Holdings of "other 000.000. 9 Inc., 5% American Chain & Cable Co., $43,000,000. Govt, due A, ENTIRE upoh type of merchandise,. Statement of Condition of the U. 8. series bonds, mortgage American Discounts bonds, series A, due 1970 debentures, due 1961 & Warehousing Corp.— bonds, due 1953. 3)2+ Company and Issue— tApplication depends •Nominal, Other Co., .425531'f Uruguay, peso Total gold 3W.I mortgage 196 .561797*+ .425531*1 ' S 1 1 4+ Washington Terminal Co.— 1st mortgage 2;'b 'i bonds, series A. due 1970 West Virginia Pulp & Paper Co., 4'a+ pfd. stock Worcester Gas Light Co.— 2.800742 .425331*f 6 361 1 1st 2.783750 2.800742 .058327*+ .561797*t $2437 Feb Feb Standard .232800 2.733750 .658327*1 * 192 * 4rs% bds.. due 1959_Feb 1st 2.800781 Uruguay, peso 192 359 Terminal Refrigerating .232816 Uruguay, peso * * preferred stock_Feb 15 panic.-pfd. stock Feb 15 California Cold Storage & Distributing Co.— 5 °'o prior preferred stock——.—, — —_Feb 11 Canadian National Ry., 40-yr, 5+ guar, bds,, doe 1970-Feb 1 .496166 .0348250 2.733750 Closed 2.800742 sterling .140154* .140154* .496166 .327058 2.783750 South Africa, pound 2.772896 .140154* .0348033 .193329* 192 Country Club- General and refunding mortgage .496166 .232300 & Raymond Concrete Pile Co., S3 preferred stock Sun Ray Drug Co., 15-yr. debentures Southwestern Gas & Electric Co.— .140154* .496166 5 Packing Corp., . .155722 .262771 .327158 i krona Kingdom, United .0028625 .909090 2.772896 Closed Switzerland, franc Union of .0200600 .144938* .0028625 .0544060 .155722 .0348285 Settlements, dollar Straits Sweden, .0200600 .0028625 .0544000 .203700 .140154* kxone Philippine Islands, peso— Portugal, escudo S 1 .144938* .0200125 .0544060 .203700 2.772896 Zealand, pound Feb A .203500 .0200089 .262777 .262755 Norway, series stock, .144938* 2.231573 .115722 .208700 1 guilder Netherlands, New 359 Electric Corp.— .0200600 .138958- .138958* 2.231573 .208700 .115722 . 10,3 .0028625 .0028625 peso 1 .144938* .144938* Denmark, Apr .0200600 .0200600 — .174562* .174562* .174562* .009090 .208500 — koruna .206949* .133958* .893125 .895625 Ceylon, rupee Czechoslovakia, $2223 12223 __„Feb 15 334bonds, series A, due 1961 preferred Joliet Elgin, .0200053 .900090 - Free .206949* .0344060 .0544060 Official . Deerfield .297778* .0200125 .0200071 dollar— Canada, * $ .297778* 2.231573 2.231573 Closed 2.231573 pound franc cruzeiro 1 1 .208500 Special Brazil, Feb Feb Union mortgage $5.25 .206949* .138958s .133958* Belgium, 12223 3a4'b debentures/due 1982 -Feb 1 Eastern Ry.—1st mortgage 3V*% bonds, series A. due 1970— Mar 1 Empire District Electric Co.— 1st mortgage 3)bbonds, due 1969 Mar 1 Equitable Gas Co., 1st mtge. 3]4f; bonds, due 1973 Mar 1 Firemen's Insurance Co. of Newark, N. J.— $4 preferred stock _Feb 16 First Investors Shares Corp., 6't conv. deb. bonds Feb 15 Fischer iHenry) Packing Co.— 1st mortgage 4 '/ bonds, due 1961 Feb 1 Food Fair Stores, Inc., 15-yr., 31 j '<■ debentures Feb 1 Iron City-Ohio River Corp., col. 6bonds, due l953~Feb 1 Lynn Gas & Electric Co., 23»'V notes, due 1958 Feb 1 McCord Corp., 10-year I'a'i debentures, due 1956 Feb 1 May, Stern 3: Co., 5+ preferred stock _Jan 31 .174562s .174562* Australia, 10,2 1 mortgage Jam 26 Jan, 25 s .200949*"- .206949* "B" 2 due 1962_Mar D, mortgage 1st .297773" .'291173' .297778* Preferential York t ♦ » Preferential Feb : 334 % bonds, series E, due 1960 234% bonds, series G, due 1974___ Terminals Co. 1st mortgage bonds, series A, B and C Connecticut River Power Co.— 1st Cornell-Dubilier Argentina, peso— 358 3V2s series L, due 1970 general mortgage 1st Jan.24 Jan. 23 Jan.21 2 1 & Cleveland United States Money Value In 1 Mar Western Indiana RR.— 1st and ref. mtge. 4bonds, series Cincinnati Union Terminal Co.— UNDER TARIFF ACT OF 1930 Cable Transfers In New Buying Rate lor Noon Co.— Power Maine and 1st 1950, 26, JAN. TO 1950 20, JAN. BANK TO TREASURY INCLUSIVE FEDERAL RESERVE RATES CERTIFIED BY EXCHANGE FOREIGN Central Chicago passed: give below a record for the week just Feb mortgage . the worid.i We the different countries of for cable transfers in of the Treasury the buying rate Federal Reserve Bank certifies daily Tariff Act of 1930, the requirements of Section 522 of the Pursuant to the to the Secretary 1st A Gold preferred Mines, Ltd,———————- v tB8>* i*"* a"'10 .Volume 171 Number 4877 THE Per Name of Ayres Company <L. S.) 4'A% Share (quar.) $1.12 1/2 4'A % cum. preferred series of 1947 (quar.) Baldwin Locomotive Works, 77c pfd. (s-a)__ Barnsdall Oil Company : Payable of Reo. Name Extra General 2-10 General 3- 4 2-15 General 2- 1 1-21 General Plywood Corp, 2- Gentry, Inc. 2-20 6 Associates, Inc.— Class B & Ltd, class A Lxtra Tobacco Manufacturing Brach iai. J.) Broadway (Los B 4% Sons & Byron oackson Common 7% 5% $1 . Food class A Ltd. 9 Gossard 2- 1 1-25 Grant the Corp. Central 7c 2-28 2-14 2-28 Newport News Shipbuilding 6c Dry Dock Co._ Niagara Share Corp. (quar.) 2-14 3- 6 Norfolk 2-28 2-14 Northern 14c 2-28 2-14 6c 2-28 2-14 8c 2-28 2-14 10c 2-28 2-14 12c 2-28 2-14 Norwich O'Brien Gold Ogilvie Flour 4-15 3-10 3- 2-10 1 Food Industrial 2- 1 1-24 Institutional 3-15 3- 1 2-15 Low 3-10 Ltd. 3-10 >Railroad 1 3-10 4- 1 3-10 Railroad 3- Utilities Halle Hamilton Cotton Watch Co, 2-14 Hamilton 2- 1-14 Hammermill $6c 2- 1-14 4V2','o $$1 3- 2-10 4'A'/o 4% (annual) Ltd. 2-20 3-10 3- 25c 3- 2-10 2- 3- 2-15 $1.25 1 1 1 17c common 2-15 2-25 idend 3'A % Hilton Motors 2-24 2- 10c 1-31 1-26 5'/ preferred 2-15 5% preferred 3-13 2-10 3- 2-15 1 finpoi 4 2- 45c $'Ac 1 2-25 1 2- 9 i 2- 3- 1 1 Inland Steel 1 3-15 International Diamond 6% 6% Anglo Class (quar.)_ common preferred <C. A.) Ltd. Electric Hose 6c Erie Railroad preferred A preferred A preferred A A__-^„ preferred 35C 3 7 VaC 3- 1 2- 2-20 2- 3- 1 1 8- 5% preferred conv. 1 2-15 1 3-10 Lea 2-15 1-30 Lees 2-15 1-30 Life 3-15 3- Lincoln-Clark 1 3-15 3- 1 Lindsay 2-15 2- 1 L.ob'aw 2-15 2- 1 2-15 2- 1 10c 1-31 1-25 Light Lord l';h B 1-25 Lord 1-25 Lytton's & 2-10 M 2-10 Mackinnon 2- 1-26 1 & M 5% 6 2-17 2-13 Mallory 1 11-10 3- 1 2- 50c 2- 1 1-25 Massachusetts 2-25 2-10 Maxson (W. Meier ! :*• 25c iquar.i__.Mr__ 3- 1 2-15* $1.25 . 3- 1 2-15* $1 2-15 2- 1 $1.22'/a 2-15 2- 1 $2.50 ——k'_ 2-15 2- 6 Co.— is-a) ^ Power Masonite & Bond Custodian Sulphur Fruehauf Trailer 6% C% fid, 6% Oil ..» preferred preferred preferred Gamewell iquar.i 1-31 3- 1 2-15 50c 3- 1 2-15 3-' 1 2-15 25c ccmmon tquar.) __ iquar.) (quar.) : 6'A ',■» Metal 7% & £>___ pfd. (accum.) Inc. & preferred A Insurance (quar.) — —— Minneapolis (quar.) 10c 3-10 2-20 3-10 2-20 5Va% 0-10 5-19 6% 8-21 Mission 9-11 12-20 25c 2-15 12- 2- 1 Mass.) 5% preferred preferred preferred Monarch 3 Co, Dry Corp Life (s-a) Insurance — Co. - 1 __ 2-27 4- 1 3- 4- 1 (quar.)__ 25c 40c $1.12'A $2 (quar.) 29lie 9 3- 9 3-15 2-24 3- 2- 1 1-25 1 44- 1 7 1-14 3-10* 3-10* 2-15 2- 3- 6 2-10 25c 3- 1 2-10 1 the $1 3- 1 2-10 $1.12'A 4- 1 3-10 2- 1 3-10 2-22 50c on 2-25 2-10 common a sixtjf succes¬ Co (quar.)__ 1-25 70c 2-15 2- 0 25c ; iquar.I 2-23 2- 8 3- 2-15 7c (quar.l 75c 1 3-13 2-27* 5- 1 4-17* 5- 1 4- 2-15 1-31 3- 1 2-15 3-10 2-28 9 2- 6 1 Smith 3'A'A 3-1 2-1 4.20 "I 2-3 1-24 65c 2-20 2- Socony-Vacuum Southern 2-1 2-1 Southern 2- 1 1-23 Southwestern 2- 1 1-17 2-15 1-30 6 $5.50 Oil $3.50 2-1 1-25 3- 1 2-14 3- 1 2-15 2-28 2-11 2nd $4 3-15 2-28 Syracuse 15c 1-31 1-25 Talon, 1-31 1-25 Tampa 2-14 3-10 3- 1 1-25 Thew 1-20 7% 1-31 1-24 3-13 2-17 2-15 3- 1 (quar.l 2-20 Union Bag k Oil (quar.) Clutch Co. Paper :t;23 1 1-10 2-15 3- 3- 1 3-15 3- 1 3-15 50c 1 3- 1 2-15 3- 1 ::-io 50c 2-15 3- 2 25c 2-15 2- 1* 4- 1 25c 3- 3 2-10 3- 3 2-10 3- 1 2-15 3 15 5-15* 3- 1 iquar.) Corp. (quar.l ;—__ (new Bedford)_______ 2-20 Union 2-20 United Air Lines, Inc., 4'Apfd. (quar.) United Electric Coal Cos. (quar.) 10c 2- 8 1-20 Railway Engineering & Foundry (quar.) (quar.) 2-24 3-15 2-24 40c 3- 1 2- 2- 7 50c — 3-15 $1 Co 2-20 preferred 1-31 2- 50c Oil 1 7% 8 2-23 50c common 1 1 3- 3-10 5c $1.75 1 3- —; (quar.l 3- 3-15 1 3-10 25c com. 3- Common 6 1- 10c- Corp, 3- United 2-15 10c Chemical $1.37'A Springfield, 3 1-20 50c — iquar.i k J- 3- 1 37lAc - Street 3-15 3-15 21c —— — Associated & 3-15 3- 2- $1 — Disc 1 20c $1.10 Co.— Corp Thompson Products, Inc., 4% preferred iquar.) Twin 8 50c Co, common preferred iquar.) Inc. 2- Co. (quar.) Products Water 5 6 3-15 Shovel Trunz, 2- 3- 3-15 Securities Coal 2-28 30c ; Pacific 3 87'Ac Extra 3-20 1 1-31 3-1 (quar.l — Co. preferred Texas 3-30 2-10 common Inc. 8% 2- 2-21 J.) Transit 2- (quar.ri_ __—40c Company (irreg.)-, 45c preferred Electric 8 8 3-10 $1.50 (quar.) Propane Gas Corp. (quar.l Ray Drug Co, common—— preferred (quar.)___ 10c 1 pfd. 6% 6 % 2- 22- $1.37',2 iquar.) Suburban Sun 2-15 3- com. — (Indiana! Electric 1 1 20c — Service, Spring 2-17 3- 30'Ac .___ (quar.) Co. (William Suburban 3-10 3- Co.— (quar.i__. Inc., 3-10 25c iquar.) (quar.l Co, 1 $1.05 Inc. Edison Electric Brands, SI. 87'Ac iquar.i Associated Telephone;— preferred 3-10 1 Co.— (quar.) preferred 40c 3 Co, Withington 2-16 7 4- 30c preferred 4.40% 3-15 Carpet 1 2- 50c — Company Southwestern Sparks , (quar.l California 1 1-23 Sons r 3- 2-14 15c iquar.). 3-15 50c . (quar.l 4.88preferred 3- 2* & 4-17* 40c (quar.) preferred 3-1 2-20 (quar.l iquar.) preferred $25c 2-1 Co. (Alexander) Common $2 85c $1 (Del.) preferred 2-15 3* (quar.)_____ iquar.)_: Co. Co, common (quar.)__. Simmons Company 4 '.c 2-10 S1.25 2-15 40c (quar.) $1.50 —- 1 31'Ac 2- 2-9 2-17 $1.27'2 tquar.) 1-30 4- $1.183A 62'Ac 1 2-18 Tide iquar.i 2rl5 3-1 2-15 Sherwin-Williams 3- 3-1 ' 5c (quar.) 1 62V2c 15c 1 Securities Acceptance Corp, common 5% preferred (quar.)—. 1 $1.25 3- 42Ac I 2-9 3-1 10c (quar.) 2-10 Surety , 20c preferred 9 Seaboard 1 3^ 30c 3- 2-1 3- 11c preferred (accum.)_ 2-28 50c Oil 2-28 $1.75 3-15 50c common preferred preferred 75c — 2- 40c (quar.) 2-15 $3.40 2-28 35c quarterly Gas, 2-15 25c (quar.)__ Seaboard Mickelberry's Food Products Co.— Increased 2-15 1 2-1 Tennessee Mid-West Abrasive Co 1-28 Paper 35c $1.62Va common 1 3- 4-17 Corp.— (quar.) Thermit Corp, 3- 1 5- 2- 50c iquar.) Scot't 2-14 25c 3-1 2-15 $1.75 preferred (quar.) 30c 30c Sayre & Fisher Brick Co. Stang Metropolitan Storage Warehouse Michigan Bakeries, Inc. (quar.) Michigan Seamless Tube (irreg.)_—— $5.10 30c — 1-25 $3 (quar.)_. Coruoration— Co, Merritt-Chapman 30c iquar.i tquar. I (quar.)— 2-11 1-31 2- Aeronautical Standard Special Michigan Sugar Co, G'/o $1.25 iquar.) (quar.) Company 2-15 $1 common Company, preferred 8c iquar.) Co. (Robert) Co. Co, preferred Fullerton Gair Inc.— ~ Freeport 4% Funds, series 2-20 Shops St. Croix Paper Co Savage Arms Corp 15c (quar.)__ — Franklin Saco-Lowell 35c L. I 1 10c 2-10 20c — (quar.)_____—— & 2-15 3- 30c 2-27 $1.75 iquar.)— (quar.). Bonding 2-15 1 sive quarter. Russell-Miller Milling Ryan $$1.25 Shovel, 7% Corporation 1 3- $1.12Va Co. for 3-17 $1 6c Frank Marion 3- iquar.) action no payment 25c 12- (quar.) preferred _____ (quar.)—_ — 2 15 dividend Manhattan Shirt Company 2-10 1-27 The directors took Oil 8-11 $75c Company, common (quar.) preferred A (quar.l Ruppert (Jacob). 4Vz'/o preferred (quar.) 3-10 Steel, Ltd.— Co. 1-30 Haas $2 vtc__ 1-25 2-10 Ltd.^ Mexico preferred 3-31 50c — 2-10 1 (quar.) 3-27 37'Ac (quar.) 2-15 3- 4% Steel 5-12 9 k Co. Standard 1 3-10 Rohm convertible Standard 1 2- 2-13 1 1-20 1 1 6 25c 3-1, 2-28 1-27 3- 2- (quar.) 2-24 1 50c Common Gas 3-10 7 6 1-20 37'Ac Manufacturing 15c 2 1 -27 i 25c (quar.)— 434% 4 9-19 5- 15c Company (irreg.i____ Robertshaw-Fulton Controls Co.— 2-15 3- 25c 4',2% Rockwell 2-24 3 5-15 $2.50 (quar.) common Rockland 2-4 6-19 1 2 2-15 25c (s-a)—_ Rike-Kumler 3-10 9- 25c Co, preferred 2-25 6- iquar.) Investment pfd. Co. (quar.)___ Mfg. 25c 50c Corp. preferred Rhecm 2-6 2- 3-20 7- common 2-28 3-11 1 . ,w 20c R.) $1.25 7 Equities, 2-10 2-17 4- 10- — Stores, Inc. common 3^4% preferred (quar.) Remington Rand, Inc,common 1 2-17 2- 25c A 3-1 , 1-25 3-15 1 2-24 32VuC Owl Company (quar.)— Manhattan Refrigerating Co.— 8% preferred (accum.)— (P. $1.25 (quar.i___ 7 30c Lytton & Co Mackintosh-Hemphill 2-20 $1.25 Co 7 8- 3-10 1-31 4- 75c 1st preferred 3- 10c (quar.) 3- (quar,l__3-_ iquar.) 2- 1 7 Co.— (s-a) New 3-JQ 25c preferred (quar.) 2nd 25c _______ 6-7 3-31 $1.25 (irreg.)_ common Structural $1.25 A 9- 40c (quar.) A 25c Refining Corp 4% Estate Class Red $4 common class Woodworking Co. i_ pfd. 2nd preferred tReal "4 of Oil Reading Co, • $25c (Henry C.) 2-20 1 V 3- 1 31V»c ; Ltd., Taylor, 8% 2-20 2-17 Co. Quaker State Scott (quar.) Hotel, non-cum. 1-31 1-31 1 7- 13:Ac (quar.) Baltimore $1.50 $$1.75 Co, common & Chemical Co.__- 3-1© 56c class B 8c Hotel Groceterias, Class Service 40c Sons 3-31 $1.12'A (quar.) $1.25 Savers Corp. 10c 3- $40c preferred <fc 9 20 12-20 A 40c Monotype Machine Co. Fabrics, Inc.._ (James) 9-30 12-30 Milling Co, Ltd.— 30c ; iquar.) series (quar.) 2nd 6-20 class 30c Lanston 4- 50c jg. (quar,i Co. (quar.) 5% 3-20 6-30 50c quar.) Lakey Foundry & Machine Co. Lansing Company (quar.)___ 3- $1.50 Corp, 4% pfd. preferred iquar.i— non-cum. Woods .2-25 3-30 10c (irreg. Company— 7% preferred (quar.) Lake Superior District Power, 2- 1 the Common 2- 3- 9- Lake of 1 3-10 25c Electric, 5% 50c Power Foundation 2- 10c — iquar.) Works Brewing 4.90d 55 class Bank Stock Corp. (s-a) Realty Corp. (Seattle! Caipet Company, common Florida 1-23 1 10c A iquar.) Morse k 5% 1 3- $1.25 class (quar.) $5 Gas Firth 2- 8 50c $1.50 — interest $1.50 Realization— 50c preferred (quar.) La Plant-Choate Mfg. Co, Inc.—• 5% conv. preferred <quar,i___ 1 93Ac pfd.___ class A (irreg.l Rubber Fairbanks, First 3-10 3-10 Kuhlman 35c iquar.i iquar.i Co, First 1 1 Beneficial . $1.50 2- 6 75c Parchment 3-10 35c Electroypers, Terminal 20c — Corp.: ■ R.) 2- 2-15 $3 Co (increased 3-10 $3 Company (G. 25c conv. Fall . 1 4- 10c __ Falstaff 1-31 10c partic. Hosiery Mills, B lirreg.i River 2-10 3- 2-4 30c prior preferred ( quar.) Knickerbocker Fund— 235c iquar. (quar.) Company, 6% preferred A Electric Boat Co. $5 1 Ltd.— B Non-cum. $5 3- 2-15 75c (quar.) (resumed )____ $5 75c ___ $5 2-10 $1.13 B Class 3- 3-15 3-1 $4.50 Corp._; 2- 3-31 $2 Liquidating Poor & Company, 37'Ac (increased quar.) Vegetable Common $$1.25 preferred (quar.) Durham-Enders Razor Corp.. Class Kawneer Kinney 1-30 $37'Ac 5% Durham 2-15 2-10 1 2-17 $1.25 ... (quar.) ' 1 4- .-A. Investment Corp, Company, Dunham Estate Extra 2-28 75c Light, 4'%'' Industries, common preferred iquar.i 334% 3- $3.50 Steel, Dresser J ones 2-15 $20c preferred (quar,)__ Dominion Foundries & conv. 2-10 2-10 93 Ac 5% Drackett 1 4 $$1.25 (quar.) Company, common participating preferred is-a) participating preferred (s-a) & 3- $37 Vac Ltd (quar.) iquar.) Share Co Silver & Johnson $9c A___! Match Dtminion 4% Jchnson 3- 2-17 $1.25 International 4- 1 $1.25 Company Company Cigar Machinery 1-23 2-24 1-17 2-28 $50c 3-1 25c preferred& 2-10 (quar.) & 3- $1.25 common 2-10 K. Engravers 25c 11 ncn-cum. 25c Electric common 6'h Indianapolis Bond 1-31 $17 VaC Derby Gas & RR„ 1-31 1-17 30c 32'Ac preferred Pittsburgh $1 preferred 1-30 1-31 2-15 50c Valley RR. Ltd. (Del.) 50c preferred——— Kalamazoo preferred class A (quar.) Co, 1 2-15 Company— 25c (quar,). 3- 50c Extra (quar.l Central 3-15 $15c Ltd, Door Co. non-cum. 40c (accum.) Co, & 50c 10c B Peanut 2-24 59%c quarterly) non-cum. Public 3 1 $$1.75 (quar.) com. Bureau Corp, 2-16 4. 7 2- 4- 25c Corp 3-1 9 2- 8 $25c (quar.)_ i.__, k Photo 87VaC 2-10 3-10 3- Telephone Corp.— Philadelphia Jan.20. 2-25 $5c 75c preferred Peoria 2-14 2-27 30c iquar.) Co. iquar.)— Pennsylvania div¬ common Ingersoll-Rand 31'Ac pfd. on 6% 2-15 933<c 2-15 1 25c Extra 1-20 1 3- 60c Quarterly $2.25 2-15 1 Mfg. Peaslee-Gaulbert 5'o Refining Co,_ convertible Illinois 2-15 3- & preferred 6% 3 25c Common 3 1 8 (quar.)_ iquar.) (increased Common Petrolite preferred (quar.) Hydraulic Press Mfg. Co.— 2-15 56 Ac (qua r.) &c Leather Class (Tom) 2-15 1 $40c Publishing Co, $4 prior pfd. (quar.)_ Dallas Pov.er Oil Huttig Sash 2-10 33- 1 t Huston 7 $1.25 2 1 fi Humble 1-24 1 3- 3- $106 (quar.) Express 2-15 2-20 3- common Common 3-10 2 3- $1.25 30c 5% $1 (quar.) (quar,)________ 1 3-13 3- 3 3-10 2- quar.) preferred Pacolct 1 2- 20c com. Outboard Marine & Mfg. Co Pacific Intermountain 2-15 1 4- 40c $1.06'A (quar.) 5% _____ com. $1.06V« (quar.) 3- $1.25 : class 3-10 Corp, common iquar.i convertible preferred lquar,)___ Hudson Motor Car Co. (quar.) Ry. (quar.t_ Ltd, 2-17 (quar.) 2- (quar.) Investors. 3-10 4- 25c 4% Ltd.— Cosmos Imperial Mills, Crane Company, PV; Davis held A 25c (quar.) Corp..— Company, preferred meeting 2-15 $1.25 Corrugated Paper Box Co, Ltd., $7 at preferred 1 iquar.i__f Co. 3 Hotels 2-15 Co, Ltd. (increased) Power 3 2- ! action no 3- preferred, (quae.)____ Curtis took 20C . (quar.)____ 2- 3-15 common pfd. 3-15 (quar.I preferred 5% 2-11 1 Powtr 3-15 $1 (quar.) 1 Co.__ Pacific 25c $1.12Va Company, Corporation, Directors 3 Industries, Inc.— 5* A.) preferred 1 quarterly ___________ Can Co, common (increased)— preferred (quar.) ___________ Continental Copper 6c Steel Ir.c. (M. 50c k Texas iquar.) (quar.)_ iquar.)__^ 4- Increased Corporate preferred 50c _ 2-10 (quar.) 3- '• Inc. 1-25 1 common..... 50c Coal 1 3- common Co, $1.12 Va _____ 2- 25c Steel Products Corp.— preferred iquar.)___ Heyden Chemical Corp.— 2-10 2- 1 3 2- shades at (quar.)— Oswego Falls Corp common (quar.) 4',2r.b preferred (quar.) 2-17 3- 6% 2-14 3-10 G'/o 1-31 40c Service 2-15 2-14 2-14 Hercules 2 50c __ Inc., 2-28 Ltd, 2- 1 30c Corporation 2-28 (quar.) preferred Paper preferred $4.25 Hays 2-15 50c convertible Hanna 2-10 3- 50c —- Fibre, 3- $30c (quar.) Co. Co, 2-15 2-15 3- 3-15 Corp, class A__ Omar, 2-28 1 3-10 B Oliver 25c :. (quar.) Co._. 2-14 2-28 Class 2-14 25c Stores 2-28 $6c National 2-28 75c (quar.) Ltd.—; A 2-14 75c Corp Brothers Old preferred 2-28 7c Oil Brothers Mills 2-14 3-15 50r; Co. Mines, 2- 2-24 12'Ac (quar.) Public Service—• Pharmacal 3-15 2-15 $2 Co. (All outstanding redemption 011 Feb. 27 for 2-28 6c pfd share 43A'/e> 2-14 8c Hale Ry. non-cum. preferred 6c . $5 l'/o preferred (quar.) Oklahoma Natural Gas Co, 2-14 2-28 Indiana 8c . _ $$7.50 $3.75 Coro, Equipment Stock Gulf 1 2-14 3c Bond Co.__ plus this dividend) Northwest Baneorporation (increased 2-14 2-28 Co, Western called 2-14 2-28 9c Tobacco 2-28 1 2-28 2-28 Dock & per 2-14 8c York 5% 2-14 2-28 7c .__ Railroad b-br 6c Petroleum 1 1 (quar.)___-__—_ (quar.) Company A 9c _____ 4- ' 2-14 10c . Priced 4- 4- Continental class Bond Mining 4- Laundries Corp. (quar.) Continental American Life Insurance Co.— 60c Machinery Investing Company $50c Consolidated 5% Bond 1-24 2-28 , Continental Administered 1 1 Oil, Ltd Commonwealth Telephone Co, $5 pfd. (quar.) Cooksville ■ Fully 2-28 7c 2- 4- Commoil Connecticut 10c (quar.)__ Casualty Jersey Zinc Co.__ New 3-31 50c lie Merchandising — 15c 70c Aviation New 1 2-17 2-17* 60c Building preferred Amsterdam 1 3-11 50c 3 $2.40 New 3- a 25c (increased) 3 2-28 : Conduits National common 2- Ltd.— preferred preferred Co, 2- $$1.25 Cincinnati, New Orleans $5 2-14 Meter 1 Trust, Ltd.— Public Central 2-28 Neptune 1 $5c Copper Co "Colorado 1-25 Inc.— Equipment 2- 2- 20c 3- Electrical 1-31 2-28 8 50c 3- 1-31 2-15 1 25c Automobile 2-15 2-21 (quar.) 3 $$1.12'/a Corp, Chesapeake Corp. of Virginia Chicago, Wilmington <fc Franklin 5% 1-31 1-31 Co. 2- $25c $4.50 preferred (quar.) Charis Corporation iquar.) Cities Service 1-31 2-15 Fibre 1 3-10 Co Cincinnati* Fund, 2-20 9c 1 ______ Chile- 50c Chemical 1-14 Naumkeag Steam Cotton Co. (quar.) Ncisner Brothers, Inc. (quar.l 3- 2-17 2- 1 $1.12Va Agricultural 1 — <fc 2-15 2-3 (quar.) 3 Securities, 1 2- Castings Co (increased)— 2- Group 3- Co. 1 1 & Paper 1 3-1 25c (quar.) Steel _ Vermont Belt 3- Steel Cooker 3- $15c Company (quar.) Foundry, 5% pid. (quar.) Central Soya Company (quar.) Champion $1 25c $2 Dredge & Dock Co. (Daniel) Company : 4- Central Chain Vulcanized Lakes 1-28 $1,75 (quar.) Great Ltd.— tquar.)^— M.) National quarter. & pld. Green 4- ________-—— shares (A. Malleable 7% 6 $$1 Carrier Co, 2-15 4- (quar.) (quar.)__ Co. Biscuit Gypsum Co, $4.50 pfd. 2-17 $25c Investment Corp, T.) 1-31 National Acme Company National Aluminate (quar.) National Pressure ! $1 30c 2-14 5-16 National ; 2-10 50c 2-28 5-31 National Company Company (year-end) 2-28 (Colo.),— 25c W.) $50c Extra Castle (W. Securities Jan. on 5-10 3- (quar.) dividend for common 2-10 3-15 2_I Rj\—~ & St. Louis 1 Fund, Ltd.— Tire (H. $31'Ac 5% preferred (quar.) Canadian Investment Canadian 3 2-10 25c 3- $20c (accum.) Carpewter Steel current meeting held a preferred $10c Locomotive, 3- 1 _ 3- $50c — .___ pref. Canadian International Canadian at to pay 43 % c .___ Ordinary voted $1 — (quar.)___i. Special shares % General (quar.) __—* Foreign 3-15 1 6- i9C Corp. (quar.) Corp. (irreg.) 25c . , 3- 37'Ac 3-15 15c _______ Products, preferred 3- 1-25 Co.— Quarterly 5% 1 1 $5c (s-a) (quar.)— Insurance (quar.) 4'A't'c preference Canadian 4- 2- 50c ._ Participating Canadian 37'/aC B (quar.) Holder9 75c In-egular Nation-Wide Class Inc. 87 Vac Canners conv. Nashville, Chattanooga 1 Lines 20c (quar.) ncn-cum. 2- 1 Finance 37'/ac — Participating 60c 2-17 Mutual Shares 2-15 si 50c (quar.) Title preferred Motor 1 _ 20c (quari (quar.) 1st Moore-McCormick 3- $1.62'A (quar.). 20c Breweries, Ltd. (quar.)___ Ltd, cummon (quar.) Canadian 24, not 10c (resumed) Canada Malting Co, Ltd. Canada Vinegars, Ltd Canadian 2-17 2-10* 3- 39 Payable of Ree, 50c $1 Company preferred Directors 2- 1 25c (quar.) (s-a) 1 Goodall-Sanford, Inc.— 2-10 A National ; 2-10 pref. 3- took Corp.—(Directors no dividend payment due Common 2-24 conv. 3- common 2-15 1 $3.25 common 87 Vac preferred Pacific 6 4 : Calgary & Edmonton Corp, California Electric Power Co. California 2-23 Inc. (quar.) Co. 2- 1 75c Stores, (quar.) 2nd conv. Terminal 1-31 1 4- 10c (quar.) ———______—________— preferred 2-15 3- 1-20 25c time) Girdler Corporation (quar.) GJobe-American Corp, common 50c — common _— preferred Bush 1-31 on 3- 1 share 84%c preferred conv. 1 3-20 2- $3.50 When Name of Company Monsanto Chemical Co., $4 conv. pref. series B 1 this 25C (quar.).* Brooklyn Union Gas Co. (increased) Buckeye Pipe Line Co Bullock Fund, Ltd Burlington Mills, common (quar.) 3Va% 3:/a% 2-15 $5c — common Co Department Angeles), Class at $1.75 Corp, (quar.) Brothers Boss action 1-31 3- 60c — Steel preferred Bloch (quar.) (quar.) Bethlehem 7% 2-15 2-15 $5c Sons, 57o 3- 3-20 5c Gerity-Michigan 1 J25c 35C (J.) Works, 7% pfd. (accum.) Plywood Corp, 5% pfd Mills, Inc., 3%% pfd. iquar.) (499) Holder$ Payable of Jtec. 25c 1-20 1 20c When 25c Iron 1-31 3- 75c _ CHRONICLE Share (quar.) common , $1.05 $1.12y2 Quarterly Bertram of Company Corporation, 1-20 1-31 $3 Bausch Machine Tool, 6% pfd. (accum.) Beech Aircraft Corp. (reduced quar.), Berkshire Fine Spinning FINANCIAL Per Garrett preferred & Holdert When & Co.— cum. COMMERCIAL 3-11 2-28 ••50c 3-14 3- 2- 6 1 7 $1 2- 1 1-18 $1.12'A 3- 1 2-25 3-16 2-24 25c 75c 2-14 2- 3 $1.75 2-14 2- 3 Co.— (500) 40 Hampshire) (increased). Machinery Corp. held on Jan. 25, (New At took action no S. Co., Glass $4 15c S. 3-10 2-24 7- 1 6-15 3- 1 2-10 4- 1 2-10 the $1.75 4- 1 2-10 Louisiana 3-20 2-28' a 6-20 5-31* to feet — 9-20 8-31* 12-20 3- 1 15c — 4 20c 3- 1 2-13 3- 1 2-10 $1.12 3- 1 2-10 20c 3- 1 2-15 40c Corp. (quar.) Electric Corp. (increased) — Weston Electrical Instrument Corp.— Directors at a meeting heid on Jan. 19 did not consider the question of a common dividend usually declared at this time. The payment was not omitted but will be considered at next meeting to be Petroleum 3- 1 2- Feb. on and 2-14 1-30 12 Vic 2-15 2- 25c 2-28 2-15 1 2-15 Co. & Tube (quar.) not closed for this ♦Transfer books S. Funds, less 15% JPayable in Canadian funds, tax resident tax 15%; resident tax 7%. tPayable in U. shares 1-20 1-20 10c 2-28 2-14 10c 2-28 2-14 3-15 3- 1 75c 3-15 3- 1 of $1.25 3-15 2-27 'BONDS for below, to 23 Canadian non-residents' tax. deductible at the source. Non¬ cents per share, 40 of ers dividend, is and 231. p. shall at be designated by sold privately $2,500,000 amount of the latter bonds was made remaining $6,000,000 principal amount times on or before May 16, 1950 as or the company. FUTURE FINANCING—The ing connection in its with outstanding securities and to provide funds PRESENT FINANCING TO EFFECT GIVING CAPITALIZATION $25,000,000 first 2%% series due priced at 101.544% and ac¬ due 1972__ due series 3% series 314% 1977 due 1979 .___ 27A% series due 1979 Debentures—3Vi% series Cumulative 3.90% 4.15% preferred 5% stock $1)___ (par BUSINESS—Company 1921 and as 1 stock stock preferred of Sept. 1, 2,500,000 shs. _■___ was 1942 incorporated in New Mexico on Aug. 17, it acquired properties serving the greater year. principal UNDERWRITERS—The shares agreed of Read Dillon, Co. Co. & Rollins & Blair, C. Allyn & set stock 17,195 7,500 Inc. Inc. and & M. Sachs & Ripley Peabody «fc Co 171, p. & & Smith, & 2 % s. for bonds The 1950 at ending redeemable are 31, 1950 to par Stroud Co. Trask if redeemed during (he 12 months Dec. 31, 1968. General redemption the proceeds, net (AFTER company GIVING EFFECT and due (due July] 1967 Outstanding I *$300,000,000 19671 stock . all series. was incorporated in Delaware on perpetual. It owns all of the out¬ standing securities of Union Producing Co., of United Gas, of Pipe Line Co. and of Atlantic Gulf Gas Co., and 74.71'% of the outstanding capital stock of Duval Texas Sulphur Co. corporation CORPORATION—The March charter Its 1930. 29, is 100,000 corporation and its subsidiaries, Union Producing system engaged principally in the produc¬ gathering, transportation, distrioution and sale of natural gas. The operations of this System are divided into three functions, viz: Natural gas production, natural gas pipe line opera¬ tions, and retail distribution of natural gas. The United System serves parts of Texas, Louisiana and Mississippi and also extends to Mooile, Alabama, Pen.sacola, Florida, and to the International Boundary at Laredo and at Roma, Texas. The United System produced about 30% of its total natural gas requirements during the 12 months ended Oct. 31, 1949. The greater part of the natural gas is sold at wholesale. UNDERWRITERS—The of the 1970 series the several principal underwriters respective principal amount of such of names and bends the severally to be purchased by each bonds Riter Inc.^$3,950,000 1,000,000 —V. 750.000 Co & & Co 171, p. are Stone Pacific Insurance The Union Se¬ Corp. Securities Corp.— Walker White, & & Co._ Corp Co Co 7,000 7,000 7,000 Co., Tacoma, from Jan. 3 to Jan. 13, offered a stock (par $1) for subscription common employees of this corporation and its subsidiaries at $34.94- per share, under its stock purchase plan. The registration statement filed with the SEC on Nov. 17, 1949 became effective Dec. 29, 1949. ' initial payment of 5% of the purchase price With balance to be paid at rate of 5% each fiscal year, less any amounts received in such year as cash dividends on shares subscribed for and applied in reduction of uppaid balance.—V. 171, p. 9. plan required an sales Net total the by this 24 on Dec. $64,094,510 and $17.91 to to $105,441,702 1949. This com¬ lesources 31, asset net value or 1948. Fund balance of the 1949 Increase in resources appreciation in the value of the assets. ' Fund reported the addition of 11.000 at the year-end to 43,000.—'V. 170, p. the 1949 bring market of increase In Jan. shares accounted for $33,161,639 resources and compare with net sales 9! The 1948. result During share in increase in $16,714,832 the per Wellington of 1949 •of-athe- to value brought total total resoujx-es of share at the close of per 10% a on 1949. increases the stockholders 2384. (The) Wheland Co. — Notes Placed Privately—It was on Jan. 12 that notes totaling $1,750,000 have - placed privately with institutional investors through Hemphill, Noyes, Graham, Parsons & Co. and Elder & Co., viz: a $1,000,000 (not $10,000,000 as previously re¬ ported) 4% note due Dec. 1, 1964 and increasing the letter of notification was The corporation on Jan. 16 filed with the SEC will be Leedy, used to filed a 2,500,000 stock dividend, 157, p. 2457. on Net by Joseph A. 166, p. 1934. with the Wheeler & Alleman, a magazine. two 1,000 share Tric.i Orlando, Fla.- The proceeds publish g outstanding—__— stock $1.71 share 169, p. 2037. —V. per — $5.40 $2.70 Bond Sale to Trust Company Authorized—Also to Sell Stock to Parent— This company on Jan. 20 was authorized by the SEC to issue and sell $1,000,000 of first mortgage bonds, 2%% series due 1980, at private Co., Trust Bankers York, New trustee of certain as pension at 101.141% of principal. Since the amount of the proceeds exceeds $1,000,000, the Commission granted the company's request for an exemption from competitive bidding. The company also was authorized to issue and sell to its parent, Wisconsin Electric Power Co. an additional 50,000 shares of common stock---($20 par) for $1,000,000 cash. Proceeds of the bond and stock sale are to be applied to the retire¬ bonds (or be to are sold for cash of notes and to the ment of $1,250,000 reimbursement of treasury company's construction program expenditures).—V. 171, p. 231. for past (Alan) Wood Steel Co.—New Mill in Operation— hot-rolled Pennsylvania formally placed in oper¬ this company's new $9,000,000 30-inch strip mill—the first hot-rolled strip mill ever to be located in Pennsylvania. Conshocken, at eastern of Duff H. James Governor ation Pa., pointed out that the new mill will into products which the company -has of about 200,000 tons a year. The new plant has a steel finishing capacity of 218,000 tons a year, and for the manufacturers in this area provides for the' first time in their history a short-haul source of strip mill products. The plant was under construction for more than a year and covers John facilities been never President, Whiting, T. provide able roll steel to to produce to the extent acres. announced that operation immediately.--V. 171, p. would go into the mill 231. commercial Woodward Lothrop—Special & Offering—An under¬ writing group headed by Merrill Lynch, Pierce, Fenner & Beane and Alex. Brown & Sons on Jan. 24 offered a block of 26,500 shares of common stock (par $10) share for the account of selling Robinson C. at $34 stockholders. Johnston, Lemon & Co.; and Lukens; Ferris & Co.; Mackall & Coe; Goodwyn & Olds; Jones & Co., and Rohrbaugh & Co.—V. 169, p. 1053. members Other of the York County Gas offering group are Co.—Ceases as Holding Company-— Co.) (formerly known as Pennsylvania Gas & Electric has made application to the SEC lor an order declaring that it has ceased to be a holding company, it was announced on Jan. 23. The company The application or hold with states that the company does not now own, to vote; any outstanding voting securities power E, due March 1, and accrued interest from Sept. 1, 1949. The proceeds will be used to- pay for new construction. —V. 171, p. 140. control, of "any utility company or of a company which is a holding-company within the provisions of the Act. It was formerly a subsidiary or Pennsylvania Gas & Electric Corp., which sold its stock interest in this company on Oct. 7, 1949, through public sale.—V. 170, p. 1441. public Brothers, Inc.—Files Younker on refunding mortgage 2%% bonds, series 1975, at IOIV2 1947 $ Bonds Privately Dec. 19, 1949, placed privately with insurance companies an issue of $2,200,000 first and company taxes after income Common Darnings Jan. 16 covering letter of notification Virginia Electric & Power Co.—Places —The 1948 709,371,240 704,664,524 738,293,012 4,593,497 6,702.578 12,448^823 2,116,981 2,116,981 2,116,981 3.950,000 covering 4,000 shares of class A. nonvoting capital stock and shares of class B voting capital stock, to be offered at $10 per SEC through 1949 revenues Co.—Files With SEC— shares of common stock (par $1) to be sold President. There will be no underwriting.—V. 10,000 — $ operating and Sales Robert A Inc.—Earnings Wilson & Co., Year Ended Oct. 29— per U. S. Thermo Control $750,000 2%-3% 1, 1954.—V. 171, p. 231. notes due to Dec. The-company 3,950,000 Wash.—Stock it is reported, has declared a $400,000 capital from $600,000 to $1,000,000.—V. Numero, by The said asset with 3,950,000 White, Weld & Co, Dean Witter & Co company, 5,000 5,000 its net $16,28 seven set forth below: & Webster curities 231. United Sons—Stock Purchased by Employees of Fund shares its of calendar' year the for be used to* pay $41,300,000— resources and were reported total in increase value asset net pares purchase, Dividend— 7,000 4,000 G. during the period shares the Pipe Line, ccnstitute a tion, 7,000 ously approved by the stockholders, of 85,550 shares of its common stock, at $34.94 per share, by 1,073 employees. companly, $41,347,192 BUSINESS—The and 1,000,000 corporation on Jan. 23 announced the purchase from it under an Employees' Stock Purchase Plan previ¬ of Wellington Fund, Inc.—Assets Up A The 25,000,000 10,653,302 shs. 10,700,000 shs, ($10 par value) amount authorized of *Aggregate 1 [ (due Jan. f J series due 1970 1970) Common 3,950,000 —This The new share for each six shares out¬ The issue has been underwritten by and the unsubscribed shares are to be funds. View, Inc.—Files With SEC— total one publicly offered at $11.50 per share. The proceeds will for an expansion program for perforating of oil wells. sale- to f J $109,823,000 . 364. (E. R.) Squibb & purchase to Wisconsin Michigan Power Co. PRESENT TO trust bonds; coll. series mtge. Shields Inc Securities Weld & Oct. 1, will use $18,000,000 to purchase a like amount of 4% bonds from United Gas Pipe Line Co., a wholly-owned subsidiary, and the balance chiefly to reimburse its treasury for the costs of distribution facilities previously constructed. The subsidiary will apply most of its $18,000,000 proceeds to finance construction projects which will mainly increase gas service to New Orleans and other areas in Louisiana as well as in parts of Texas. the Salomon Bros. & Hutzler & Union H. them at $10.40 per share. Co., Wilmington, Del., standing Laird ■ 7,000 3,000 Co. 5,000 Co after Webster & Spencer sinking fund commencing a 101.557/ prices ranging from Dec. under pripes range from 104.05 to par. 5,000 Co. & Securities Corp.. 7,000 100.659; Har¬ & Co., 100.6399; Corp., 100.55; all and Goldman, Sachs 100.628; First Boston 4,000 Co Barney 7,000 Hemphill, Noyes, Graham, Parsons & Co.__) Langley Stone 7,000 & Co & Shields Co., ■ C. Inc., Reynolds & Co 7,500 3,000 Inc. Kidder, Inc., Co. & Equitable Securities Corp.. were: Co., & Dillon, Read & Co. & Co._ Pierce Inc. Riter Co... & Milwaukee 4,000 7,500 —__ 5,000 Corp Rhoades Mitchum, Tully & Co Republic Company (Inc.) Goldman, submitted bids Stuart 5,000 Rauscher, Eastman, Dillon & Co Robert Garrett & Sons Harriman Loeb, Co 3,000 Central —V. Higginson The Co., Inc. W. Lee Carl 3,000 Co.i Bosworth, Sullivan below: 5,000 7.000 Inc.- Co., Blyth & Co., Inc Boettcher forth named below have respective numbers of underwriters not exceeding the purchase to common was Ripley Halsey, 2%% shs. shs. shs. shs. shs. derived from this service during the of its electric energy output is pro¬ duced in its own plants. Company also produces, purchases and sells natural gas and provides water service, these accounting for approxi¬ mately 5%' and 3% respectively, of operating revenues during the 1949 A. riman I, revenues having been fiscal year. Practically all severally approximately 2.65% to maturity. awarded at competitive sale on Jan. 24 Authorized operating fiscal The bonds were bid of 101.119. 2%% portion of its present territory. Company has no parent and its only subsidiary in Dalhart Ice Co., in which the company's investment at Oct. 31, 1949 was $200,000. Company is engaged principally in the generation, transmission, distribution and sale of electric energy, approximately 92% of its 1949 enabling been issue a on 1, 22,410 20,000 42,590 9,600 1,518,526 stock preferred stock Common Jan. 10 filed a letter of notification with the shares of common stock (no par), for which to be Issued to the 140 present stockholders on 21,040 The 215,000 shs. $100) (par corporation covering announced 1st 7,500,000 1974____ due stock preferred preferred 3.70% Jan. 26 a new issue of and collateral trust bonds, FINANCING) $19,400,000 3,430,000 12,006,000 4,000,000 10,000,000 1971__ series 27/a% due * With SEC— trarisferrable warrants are which offered of investment bankers group CAPITALIZATION series Offered—Dillon, Read & Co. 1, 1970. mortgage bonds: 27/a% SEC Outstanding Authorized First look¬ of additional debentures to construction program. of around $2,500,000 sale a PURPOSE—Of is engaged in negotiations certain of its of refunding the to the / company f . The and on on Other time $1.17 • crued interest to yield the construction of additions and im¬ of the company or to repay bank loans principal such Assets Up $9,759,784— corporation reports net assets mortgage and delivery of the made be - r« The Inc. headed purpose. $4,000,000 of to 612,000 $1.89 2588. p. Welex Jet Services, Inc.—Files was amount of its first mortgage bonds, 3% series due 1977, on Nov. 1, 1949 and has entered into an agreement for the sale privately of $10,000,000 of its first mortgage bonds, 27/8% series due 1979. De¬ Dec. 16, 1949 $1,156(575 share common .L. - $1*15,699 — . Fund United Gas Corp.—Bonds principal livery oversubscribed.—V. 171, was United Funds, Inc.—Net company 170, ~— 612,000 _____ per —V. —— ——-—— outstanding— shares $1,596,606 440,031 $1,155,728 440,029 stock - Earnings Dec. 31, 1949, of $26,880,938 compared with $17,121,154 at the end of 1948, a gain of $9,759,784.— V. 170, P. 1920. FRIVATELY—The SOLD preferred on - f>vi $2,516,734 920,128 income Balance , 65,034 $2,099,912 944,184 deductions— other and $2,451,700 100,781 Common Corp.—Secondary Of¬ Goldman, Sachs & Co., 15,000 shares of common stock (par 50c) made on Jan. at $19.75 per share, less a selling commission to deal¬ This the properties such both of record Transcontinental Gas Pipe Line Jan. for -H $1,999,131 revenues fering—A secondary offering by (Continued from page 6) referred ' provide the sharer: which would ana additional shares which to _ 1948 $18,786,865 $18,360,165 16,787,734 15,908,465 income Dividends stock of total ,_ taxes and income 'Net be required for such a would be available for future issuance. The company now has 500,000 authorized common shares, of which 437,297 are outstanding.—V. 170, p. 1741. both dividend stock publicly obtained are a 1 Investment News provements to - 87,45924 shares. the annual meeting to be held March 28, 1950 the shareholders be asked to vote for an increase in the number of authorized of issuance group 1949 revenues expenses operating Gross Jan. 23 de¬ stock dividend should be. stock if and when sufficient purpose. This would require common available for that 1 General Corporation bonds Net -Other proposed that a 20% outstanding the 2- tax. income Jamaica 30% •Operating Operating ; 1950. upon 25c __— on 1950 to stockholders 15, "*'2- tax. income British Less a xLess 24, March $1 _ — Products, Inc. Thompson of on directors Jan. 23 authorized At payable being declared the directors of banking ■ 12 Months Ended Nov. 30— Dividend— Inc.—Plans 20% Stock $1 <quar.)___ Steel & Wire (L. A.) a will 1-25 — Extra Stock— quarterly dividend of $1 per share upon its preferred dividend of 50 cents per share upon its common stock, shares 3-13 27%% (Allen B.) Company— preferred 1st series (quar.) —.—_ 4% preferred 2nd series (quar.)_________ Wyandotte Worsted Co. (quar.)__ Youngstown Sheet 1 — — 4% Young 3- 31'Ac Wrisley Extra board a lor the Feb. on 371/2 c ordinary for ________ called 24 Jan. on and Co. "Washington Gas Light Co. (& Subs.)—Earnings— Interest The reecipts deposit (final) 2384. p. . line 7 dividends — in Tennessee now has the latter company redemption and retirement of the 1,200 shares cf $100 par 7% preferred stock outstanding, at 105 plus accrued dividends. The shares will be retired on March 15, 1950.... The 455,946 shares of $5 par value common will be the only issue outstanding after that date.—V. 170, p. 2135, directors The — line transmission Redeem Preferred Thew Shovel Co.—To clared S.) American for day per bee:h reached with the Northwest¬ Insurance National Bank of Chicago for a new $21,000,000 loan, dated Jan. 1, 1950, maturing 1951-1965, to be repaid at the rate of $1,400,000 per annum.—V. 170, approximately 110,000,000 cubic Tennessee.—V. 170, p. 2588. Carthage its over Thompson Products, 16. Dental Mfg. Co. (quar.) White's Auto Stores, Inc Woodall Industries, common iquar.) 5% convertible preferred (quar.) Woolworth (F. W.i, Ltd.— (S. White gas The Westinghouse held of Gas United main (Texas) gas field. Pipe Line Co. for Carthage the with transport 1-23 2- 2-28 35c (quar.) connecting with Corp.—Private Financing Arranged headed by the First dismissed the company's appli-..,. facilities to increase capacity of construct the company's to authority for pipeline contract 2-15 1 2- $1.31 V*' (quar.) cation Life 2440. p. agreement has Mutual ern has Commission Power 170, Warren Petroleum Plea to Expand 11-30* 25c — pfd. (quar.). common Company, D.) Federal The $1 — — Carthage Line Dismissed— 40c (quar.).. Co. Insurance preferred Warren 1 75c (S. $4.50 2- 75c Manufacturing Corp. Warren 2-15 Transmission Co. Gas Tennessee 75c Upper Peninsula Power, 5'A'c Utah-Idaho Sugar Co... Vogt 1 75c Quarterly Quarterly Quarterly Universal 259,852 interest.—V. &(J'c'rued stock 460,000 shares of common shares of preferred stock.—V. 170, p. 2587. outstanding presently are 2 2 Vic — (quar.)_ & Foundry (quar.) Pipe 2- 50c (quar.)_ com. 2-15 15c ,—— (s-a) and shares into —An preferred 7 % U. and (irreg.) Finishing Co., common (quar.) convertible preferred (quar.) S. There until March. due common preferred 4Vi % U. Feb. on common basis, regular quar¬ (New Jersey), Lines Co. S. special a the vtc Common U. on of payment is not terly 5-for-l each. directors dividend. meeting Announcement U. 1-31 2-10 $4 Shoe a stockholders The outstanding Co. •' Life & Accident Insurance United Payable of Pec. Share of Company Name United Refinance Debentures— Farls R. Russell, Chairman, on Jan. 24, announced that the com¬ pany is considering a proposal to refinance its outstanding $5,892,200 6%% debentures which' are callable on 30 days' notice at 103 plus Ward Baking Co.—May Ltd.—Plans Stock Split— 6 will consider a proposal to split up the preferred stocks, par $25 each, on a of common and preferred stock, par' $5"; Steel Co. of Canada, Holdert 1950 FINANCIAL CHRONICLEMonday, January 30, THE COMMERCIAL & ... When Per A letter of notification was filed with With SEC— the SEC on Jan. sold, by Lenore under the will offering is--.to[be 111.—V. 168, p.'2440 2,400 shares of common stock (no par), which will be W. Mendelbaum and Robert J. Mandelbaum, trustees Mandelbaum, at $29 per-share. The underwritten by A. G. Becker & Co. Inc., Chicago, of and Mprris V. 170, p. 1959. ; 18 covering Volume 171 Number 4877 THE COMMERCIAL & FINANCIAL CHRONICLE (501) STATE AND CITY DEPARTMENT BOND PROPOSALS AND ALABAMA of $128,000 hospital 1949 coupon or registered bonds. Dated Dec. 15, 1949, Denomination $1,000. Due Alabama (State of) Bond Sale—The $2,000,000 hos¬ pital building bonds offered Jan. 26—v. 171, p. 399—were awarded to the Merchants National Bank, 1.17%. The Bank, at a Mobile, Sale Nagle, County Clerk, will receive sealed bids until 10:30 1.20s, Jan. 30 $63,000 re¬ Jan. 000. 20— for the building March 1, 468,000 offered office. Valley Union Sch. Dist., County (P. O. Rosa), Calif. Offering — Walter H. Bond on The — interest the a.m. (PST) purchase bonds. of Dated 1950. Denomination $1,- Due on 1975 inclusive. 171, p. 232—were awarded to Hendrix & Mayes, Sterne, Agee & Leach, and Stubbs, Smith & Lom- Principal and in¬ (M-S) payable at the County Treasurer's office. bardo, all of Birmingham, jointly, on a bid reflecting a net interest cost of about 2.97%, as follows: $85,000 general bonds. La v. - terest Sale—The $204,000 build¬ ing bonds offered Jan. 23—v. Hall & second highest bidder was Cumberland Securities Corp., at cost of par. was of ARIZONA l%s, at Lemon 4 Bond Co., of Denver, Refsnes, Ely, Beck & Co., of Phoenix, and Barcus, Kindred & Co.", of Chicago, jointly, on a bid $39,000 IV2S. as from 1951 28,000 l34s. as 1954 and 62,000 on bids on 52,000 on 58,000 July 1 in 111,000 1963 2Vzs. as July July on 1965 Dated Jan. 1, Angeles County Sch. Dists. (P. O. Los Angeles), Calif, i Bond Offering—Harold J. Ostly, County Clerk, will receive sealed 1 July on bids until 9 1 1970 inclusive. 1950. Legality ap¬ for the a.m. bonds, divided Due on 1970 1952 Mississippi County, Blytheville Due Blytheville), Ark. bonds First has $450,improve- and been sold to about '2.59%. California - Offering —L. March 1 from 1952 to inclusive. Due on March 1 from i O Rechen- macher, County Clerk, will receive Hospital Box District (P. O. 125, San Lorenzo), California $1,000. Principal and interest (M-S) payable at the County Treasury. * V .. . Bond Sale—The $1,000,000 water improvement bonds offered Jan, 24—v.: 171, p. 399—were awarded to a Bank syndicate composed of the of America National Trust & sealed (PST) on bids 320,000 in until 5 Feb. 1 for. the purchase receive 4s. Due as l%s. Due 1956 and coupon Treasurer's office, as lVzs. Due on as Due March 1 from 1962 to 1965 inclusive. 800,000 as from Oak 2y4s. 1966 to Grove Sonoma Due 1970 School County the of Due Ocean basis of about as 2s. 1.84%, Due on as follows Feb. 280,000 . from 280,000 as l%s. 1958 to r Due 1964 the County from 263,000 Bond Sale—The $200,000 school bonds offered Jan. 24—v. 171, p. highest bidder on The Orange County (P. O. Santa 1 Bond Offering — B. J. Smith, County Clerk, will receive sealed bids until 11 a.m. (PST) on Feb. 7 the 1 262,000 No. 1951 91 of prior case Due until Sch. —v. Dist. 171, Dean p. bonds l%s. 1966 7:30 $80,000 Arcade offered Jan. 23 Witter & Co., of San Fran¬ cisco. Additional Sale — The $23,000 South Sacramento Sch. Dist. bonds offered on above date were awarded to National Due to 1 Jan. on 1 1970 inclusive.- payable at the Village Treasurer's office, or at the office the fiscal of the agency York City, New other the bank State at some State, Trust & Savings sealed Comptroller, bids until will noon the company option Evanston, . Sale of in of The — $730,000 Bank & Trust at lYs% interest, premium of $454.79. Co., plus as $224,000 1 216,000 I as 21/2S. Due on Jan. from 1952 to 1965 inclusive. as 21/4s. Due on Jan. from 1966 to 1975 inclusive. * Clerk, 8 will p.m. D. • • • ^ • receive $1,000. Due to inclusive. 1968 on receive (CST) sealed on Feb. Denomination Dec. • School • City, Ind. Bond Offering—Joseph L. Doug¬ Secretary of the Board of Trustees, will receive las, School bids Feb. until 4:30 p.m. (CST) for the purchase of 17 $500,000 bonds. school improvement Dated March 1, 1950. nomination 31 from $1,000. 1956 Principal and at the to Due 1965 interest 1 De¬ Dec. on inclusive. (J-D) pay¬ Merchants National Bank, of Muncie. Schererville, Bond aid of Sale—The 1949 Ind. $19,000 school bonds offered Jan. 16 171, p. 233—were awarded to the Union National Bank, of East Chicago, as 13/4S, at a price of —v. 100.17, a second highest bidder basis of about 1.70%. The Trust er l%s, at Co., Fletch¬ was Indianapolis, for price of 100.06. a Sugar Creek Twp. Civil Twp. (P. O. Boggstown), Ind. 1949 25 the Jan. basis a as of Series from 1951 Principal and 2 bonds awarded to National Bank, of Fairland Fairland, were 2s, at price of 103.94, 1.09%. a about IOWA Burlington, Iowa Bond Offering — Schlampp, City Clerk, will sealed on bids Jan. 30 until for 10 the Dated Feb. 1, M^y 1 from 1951 to man of refunding 1950. Due 1953 inclu¬ Legality approved by Chap¬ Cutler, of Chicago. & Des Bond fund (CST) purchase revenue sive. Robert receive a.m. water on Jansen, 13 for the purchase of $385,000 municipal building coupon bonds. Bulger, J 1 ■' 1 Muncie bonds. Offering—W. Dated Feb. 1, 1950. on follows: $69,000 Pekin, III. Bond City (EST) Cincinnati, jointly, at a price 100.001, a basis of about 2.32%, of offered III. Evanston, a Le¬ Bond Sale—The $6,333 commun¬ Wyandt, Inc., of Chicago, jointly, at 1%% interest, plus a premium of $1,168. The second highest bid¬ State in interest & Co., Dempsey & Co., both of Chicago; W. E. Hutton & Co. and Fox, Reusch & Co., both the 1950 tax anticipation warrants of¬ fered Jan. 23—v. 171, p. 232—were awarded to the First Securities Co. of Chicago, and the Scott & der was plus accrued ity building bids until Waterbury, Conn. Note Offering—John E. maturity; Greencastle, Ind. Sale—The $440,000 sewer bonds offered Jan. 25—v. 232—were awarded to Ben¬ ILLINOIS Asso¬ CONNECTICUT City at or trust or to the Bond able interest of the Bank of America ciation, of San Francisco. be¬ 1964; 2% if re¬ 1, 1965, or there¬ gality approved by Ross, McCord, Miller, of Indianapolis. on p.m. Warrant 232—were awarded to 1, 1, Feb or Ice & 1 (MST) on Feb. 7, for the purchase of $15,000 water system bonds. Dated May 1, 1950. Denomination $500. Principal and & Myers, of Los Angeles. Bond Sale—The on able at the First State Bank. sealed Jan. on Bond Offering — Edward Solberg, Chairman of the Board of Trustees, will receive sealed bids able at the County Treasurer's of¬ fice. Legality approved by O'Mel- (P. O. Sacramento), Calif. on thereon holder. Sacramento County School Districts 1, Feb. on after & Troy, Idaho Feb. 1 from 1952 to 1969 inclusive. Principal and interest (F-A) pay¬ veny Aug. there¬ or Aug. redeemed thereafter each (P. O. to 1954 inclusive. l*4s. as from in on as l%s. ' Due on Feb. from 1965 to 1971 inclusive. purchase fore 1, 1955, before or if 171, p. jamin Lewis as IV2S. Due on Jan. from 1961 to 1965 inclusive. $180,000 school bonds. Dated Feb. 1, 1949. Denomination $1,000. Due on in Feb. 1 inclusive. Ana), Calif. or any revenue 1955 to 1960 inclusive. sec¬ Weeden & was bid reflecting a net in¬ terest cost of about 1.82%. a Feb. on on 1959; 4% 1960, or gen¬ 240,000 Bank ings Association, of San Francis¬ reflecting a net inter¬ Co., after Nov. co, on a bid ond deemed a as from of America National Trust & Sav¬ est cost of about 1.77%. 1, 1955, face City, District, Ventura County (P. O. Ventura), Calif. the in part, on Feb. order, value, together with the following premiums: 6% if re¬ or price of 100.30, a basis of about 1.61%, as follows: $160,000 as 3V2S. Due on Jan. 1 View School to on payment date thereafter, their inverse numerical Bank, of Chicago, Mil¬ Co., of Milwaukee, and jointly, at office. awarded 1971 at City the Continental National Bank Trust Co., of Salt Lake interest at Feb. $1,000. 1 in certificates. 399—were awarded to the First p. waukee payable to Denomination Feb. rev¬ Dated interest Idaho Falls), Idaho Sale—The $925,000 build¬ ing bonds offered Jan. 25—v. 171, on (M-S) on Nov. 1 from 1950 on District National Treasurer's 1950.. or a.m. Bond $49, and bonds. and Aug. 1 from inclusive. The bonds Aug. 1, 1955, and thereafter, shall be redeemable at the option of the Town, in whole Bonneville County Class A School Dated March 1, Principal Stanley bids until 7 Feb. 6 for the pur¬ on coupon maturing IDAHO Denomination $1,000. Due March 1 from 1951 to 1975 in elusive. 15, to 1969 inclusive. District, (P. O. purchase sealed chase of $70,000 water works enue 1951 $600,000 obligation bonds. Dated 1, 1949. inclusive. Rosa), Calif. Bond Offering — Walter H. Nagle, County Clerk, will receive sealed bids until 11 a.m. (PST) on for g—£. to the date of redemption. Principal and interest (F-A) pay¬ Santa 6 (CST) n Clerk-Treasurer, deemed eral March 1 on & East Point, Ga. Bond Offering—E. L. Cole, City Clerk, will receive sealed bids until 7:30 p.m. (EST) on Feb. 3 for the purchase of March 1 on Chapman Legality approved by Spalding, Sibley, Troutman & Kelley, of Atlanta. 1959. 2s. receive p.m. New York City. March 1 on i e r Town will Due 11 O f f Hennon, at the office of the fiscal agent of the city, in 1 by Bourbon, Ind. Bond until registered or such INDIANA the 1957. 1958 and 640,000 for approved Sch. Dist., Dated Oct. 1, 1949. Denomination $1,000. Due on Oct. 1 from 1950 to 1969 inclusive. Principal and in¬ terest (A-O) payable at March 1 on bids at Chicago, Cutler, of Chicago. (EST) on Feb. 6 for the purchase of $1,250,000 sanitary revenue 1949 & March on sealed payable company in be mu.taiiy agreeable to purchaser and the City. Le¬ the Atlanta, Ga. Certificate Offering—Lawrence A. James, City Comptroller, will 1951 to 1955 inclusive. as l%s. Due in 1960 and 1961. 1956 and 1957. p.m. Hannaford 320,000 Trust & $80,000 Offering—Carmen JarnaDistrict Secretary., will re¬ ceive as from Dated March 1, 1950. Denomina¬ a Bond ginr, Pasadena, $800,000 tion Savings Association, J. Barth & Co., both of San Francisco, Harris Savings Bank, John Nu¬ school coupon or registered bonds. Dated April 1*, 1950. Denomination veen & Co., both of Chicago, Dean Witter & Co., of San $1,000. Due on April 1 from 1951 Francisco, Juran & to "1965 inclusive. Moody, of St. Paul, Principal and Magnus & Co., of Cincinnati, Mc¬ interest (A-O) payable at the County Treasurer's office. Legal¬ Donald-Moore & Co., of Detroit, ity approved by Orrick, Dahlquist, Stone & Youngberg, Hannaford Neff & Herrington, of San Fran¬ & Talbot, both of San Francisco, C. N. White & cisco. Co., of Oakland, and Lawson, Levy & Williams, of Alameda County, Eden Twp. San Francisco, at a price of 100.02, -sealed bids until 3 p.m. -(PST) on Feb. 7 for the purchase of $33,000 i of Placentia Unified School District, Municipal Wat-er District; • Marin County (P. O. y San Rafael), Calif. * - Elementary Sch. Dist., County (P. O. Auburn), Bond inclusive. ri Marin tV) Ackerman • Dist. March 1 from on 1972 Sch. 1952 to 1970 inclusive. CALIFORNIA Placer on bonds. , Southwest Co., - of Dallas, Lynch, Pierce,, Fenner & Beane, of New York,., and J. M. Dain & Co., of Minneapolis, joint¬ ly, .at a price of 100.14,, a basis of Due d (J-D), trust or may gality GEORGIA of 399—were me a 93,000 Potrero Heights Sch. Dist. the Merrill Co., Talbot, of San Francisco, and C. N. White & Co., of Oakland, at a price of 100.15, a basis of about 2.12%, as follows: Jan. 31 March 1 from 1952 to to .1970 Sold—An issue of construction Co., $500,000 75,000 Ranchito Sch. Dist. bonds. School District No. 5 (P. O. ment on of inclusive. bonds. ARKANSAS 000) & Williams, Stone & Youngberg, of San Francisco, Redfield & all bank as -.v. 170, p. 232—were awarded to Francis I. du Pont & Co., of New York, as 2s, at a price of 101.01, a basis of about 1.89%. 23—v. Schwabacher & Co., Lawson, Levy follows: as 144,000 Rose - (PST) purchase $188,000 Alameda Sch. Dist. bonds. Phoenix. . Blyth 000 school bonds. 1 proved by Gust, Rosenfeld, Divelbess, Robinette & Linton, of Bonds Association, Feb. Dahlquist, Neff Herrington, of San Francisco. Jan. Pleasant Spec. Delaware 1950. inclusive. Due " from 1966 to County Legality ap¬ offered $3,200,000 San Francisco, Harris Savings Bank, of Chicago, Heller, Bruce & Co., of San Fran¬ cisco, California Bank, William R. Staats Co., both of New York, & interest Bond Sale—The $220,000 school, Series 1950 bonds offered Jan. 20 Trust & $53,000 Los on Due to bonds The — of America National Trust & Sav¬ on the e & 1962 inclusive. 23ss. as from (PST) Principal and interest payable at Treasurer's office. July 1 from Due 1960 to a.m. 1 a proved by Orrick, Due. 214 s. as from 10:30 (M-S) 1955. as 2s. until inclusive. 1 1953 inclusive. Due Diego County (P. O. Diego), Calif. " S 171, p. 399—were awarded to a syndicate composed of the Bank in District Dated March 15, 1950.. Denomination $1,000. Due on March 15 from 1951 to 1975 i July school 320,000 100.08. Mount , ings $500,000 anticipation notes. Dated Feb. 1950. Due on May 10, 1950. Legality approved by Storey, Thorndike, Palmer & Dodge, of Boston. 7, Martinez), Calif. building bonds. 1956 to 1.959 inclusive. ; • Due to of School Feb. 6 for the purchase of of \ Nuveen Bond Offering—T. H. Sexton, County Clerk, will receive sealed ed to Boettcher & cost second Feb. 3 for the purchase of tax DELAWARE Bond San Sale—The $350,000 school bonds offered Jan. 23 were award¬ reflecting a net interest about 2.49%, as follows: John price a Grove San (P. O. Florence), Ariz. . The Co., and Commerce Trust Co.^ Kansas City, jointly, for $50,000 as 4%s; $100,000 as 2%s, and $54,000 as County Sch. Dist. No. to 1 inclusive. Mt. Diablo Unified Sch. Dist., Contra Costa County (P. O. & about 2.97. Pinal price a highest bidder bid on a 171, Wesley Co., of San Diego, as 2.20s, 232—were awarded p. v. Nashville, and Associates, reflecting a net interest Spring Valley Sch. Dist., San Diego County (P. O. San Diego), Calif. Bond 383,000 public improvement -.bonds, : ' The Mesa Feb. on 1980 1.84%. both March 1 from 1951 to to cisco, for $440,000 as l3/4s; $200,000 as iy2s, and $360,000 as 2s, at a price of 100.001, a basis of about Santa Tuscumbia, Ala. Bond and at Due 1972 NEGOTIATIONS The second highest bidder was American Trust Co., San Fran¬ Sonoma price of 100.13. funding bonds 1956 in¬ 2s. as from Alexander National jointly, for to County Legality ap¬ proved by Orrick, Dahlquist, Neff & Herrington, of San Francisco. second First and payable Treasurer's highest bidder was Sterne, Agee & Leach, First National Bank, Birm¬ ingham, First National Bank, Montgomery, 1954 Principal (J-D) Mobile, and Watkins, Morrow & Co., of Birmingham, jointly, as 1.20s, at a price of 100.14, a basis about 15 from clusive. of of Dec. on 360,000 41 Moines, Iowa Sale—The bonds offered awarded to the $45,000 bridge Jan. 26 were Capitol City State Bank, of Des Moines, as Is, at a 42 of price 100.04, 0.98%. der The National basis of about highest bid¬ a second Central was Chicago for Bank Con. Sch. FINANCIAL & bidder est CHRONICLE Rockland-Atlas was Bank, Boston, at 0.74%. Middleborough Housing Authority, MARYLAND at Massachusetts Note (P. O. Cumberland), Md. Allegany Preston of Commerce National Republic Co., a price of Is, of Portland. 100.03. Bond COMMERCIAL THE (502) Dist., Iowa County Offering—Allan M. Hale, Chairman, will receive sealed bids the at Sale—The office the of Hous¬ State syndicate numerical order on any interest composed of the First of Michigan payment date on or after April 1, Corporation, of Detroit; Braun, 1954, at par and accrued interest ;o the date fixed for redemption, Bosworth & Co., Inc., W. E. Hutton & Co., Paine, Webber, Jackson & plus a premium for each bond so redeemed as follows: $20 011 each Curtis, both of New York; Stranabond called for redemption prior han, Harris & Co., Inc., of Toledo; 233—were awarded to a Bond Offering—James G. Ste¬ $148,000 build¬ 18 Tremont Street, ing bonds offered Jan. 25—v. 171, venson, Clerk of the Board of ing Board, p. 400 — were awarded to the the Board of County Commission¬ Boston, until 11 a.m. (EST) on White-Phillips Co., of Davenport, ers, will receive sealed bids until Feb. 2 for the purchase of $285,- Third Series notes. Dated 11 a.m. (EST) on Feb. 8 for the 000 Due on Feb. 13, jointly, as purchase of $420,000 bonds, di¬ Feb. 13, 1950. 1951. Legality approved by Cald¬ l%s, at a price of par. The second vided as follows: highest bidder was Quail & Co., $345,000 Lavale Sanitary District well, Marshall, Trimble & Mit¬ for 2s, at a price of 102.05. bonds. chell, of New York City. 75,000 Cresaptown Dist. bonds. Norfolk County (P. O. Preston, Iowa of Des Moines, Sale—The Bond $27,000 Dated Feb. 1, 1950. town MASSACHUSETTS 400—were awarded to Ravens- p. croft & Co., of Cedar Rapids, as 2s, price of about 1.98%. The sec¬ Note ond bidder was Whiteas 2s, at a price of offered highest Phillips Co. dated Jan. on 1950. 1, Jan. & man 24 of Due Bristol County Note Sale—The offered the KANSAS Jan. 24 National Sale awarded were Topeka, at t The — 15 Estes & Co., of to to Shawmut Bank, of interest. Dated l3/4s. as Due on Sept. 1950 and in 37,000 Sept. on at second highest New York, and C. J. Devine & Co., jointly, at a price of 0.80%. Chicopee Housing Authority, Mass. Middlesborough, Ky. Note Owen, C. Offering—Geo. Bund The Chase National Bank, was will receive sealed bids until 7 p.m. (CST) on Jan. 30 Clerk, Sale—The $2,230,000 Sec¬ v. the interest tional (M-S) payable at the Na¬ of Middlesborough. Bank will Treasurer, County (P. O. Gretna), La. $2,000,000 school bonds offered Jan. 25—v. 171, p. 49 —were awarded to a syndicate Sale—The Note offered Jan. 24 notes awarded were to Boston. loch, Baudean & G. Price Crane, and Glas & Co., both of New Orleans, at a price of par, a basis of about 2.77%, as follows: $206,000 4s. as from 1,794,000 from Due March on 1 1951 to 1955 inclusive. 23/4s. as 1956 to Richland Due on March 1 Rayville), (P. $1,270,000 Sec¬ ond Series notes offered Jan. 26— 171, the 400—were p. awarded Bank, C. National Chase to J. Devine & Co., both of New York, the and National First Bank, of Boston, jointly, at 0.83% interest, plus a premium of $55. The sec¬ ond at 0.84% Note 171, 000 at 0.86% offered notes and 26 Jan. — at 0.80% interest. The highest bidder was Chase Bank, New York, and second National C. J. %vine Co., jointly, at & interest." 0.80% Turners Falls, Mass. Offering — John Note District McLaughlin, will 11 until bids sealed receive J. Treasurer, gality Charles by approved & Trauernicht, of St. Louis. to 1951 from Due on Feb. 1 1955 inclusive. interest payable at Co., Boston. Principal and the Day Trust Uxbridge Housing Authority, Mass. Note Sale—The $250,000 third series were National Second the to 26 Jan. offered notes awarded of Boston, at 0.81% inter¬ The second highest bidder Chase National Bank, New York, C. and jointly, J. 0.85% at Devine & Co., interest, plus a premium of $13. Notes Due on the premium Offering—Harold L. Dow, Board Jan. 20 York Sullivan, by Heenehan Feb. & 6, 1950. 1951. Legality ap¬ Donovan, of Hanrahan, New City. of Select- were highest tional of awarded The Boston, at a Na¬ 0.79%. Offering—Jesse office the ing of Board, bonds. Dated Feb. from 1954 to 1961 cipal and interest 1, 1950 Due on De¬ Feb. 1 inclusive. Prin¬ payable at the offered were Jan. Bank, 0.73% discount. Feb. 000 2 to Bosworth & 100.0003, 12—v. numerical 171, p. to as Due 2y4s. as Due July on 1, 13/4s. as Due July on called 1 1 M>s. as Due July on 1 1959; until 8:30 1 p.m. (EST) on Feb. 1 for the purchase of $20,000 school coupon bonds. Dated Jan. 1, 1950. Denomination $1,000. Due on April 1 from 1951 to 1957 inclusive. Bonds maturing in 1954 to 1957 shall be redemption subject to option the at of 171, p. National Boston, at or and the interest payment date after April 1, 1953, at par any interest accrued for redemption or on after April 1, 1954, $10. As to each bond called for redemption on or after April 1, 1953, 1, but before April before but 1954, April 1955, 1, A. Drew, 18 the State Hous¬ Street, Tremont 11 a.m. (EST) on for the purchase of $948,Series 13, 1950. Dated notes. Due on Feb. 13, Legality approved by Sul¬ Wilmington, Bond offered were Trust a awarded to the Bankers l%s, basis of Co., of New York, as price of 100.77, a 1.66%. MICHIGAN bonds offered Jan. 24—v. 171, p. the purchase $26,000 school Dated Feb. 1, 1950. Denomination 31,000. Due on July from bonds called after April 1, interest bank or 1956. Principal and payable at (A-O) trust or on to company a be designated by the purchaser. Le¬ approved by Miller, CanPaddock & Stone, of De¬ gality field, District order date on on and par assessment special 23 Jan. v. — 171, bonds p. 400 sewer offered — vvere awarded to the Channer Securities Chicago, as 2s, at a price of Co., basis of about 1.92%. highest bidder was McDonald-Moore & Co., and H. V. of 100.03, 1961 interest after July payment 1954, at interest to the redemption, plus a each bond so re¬ 1, for follows: as 820 each on called for bond redemption prior July 1, 1955; $15 on each bond called for redemption July 1, 1956; $10 on each on after or to July but prior 1955 1, called bond for redemption on or after July 1, prior to July 1, 1957; $5 1956 but each on tion on prior bond called after or July to shall for redemp¬ 1, 1957 but July 1, be No 1958. paid for redemption on pre¬ bonds on or after terest 1, 1958. Principal and in¬ (J-J) payable at a bank or trust company by the be to designated purchaser. Legality ap¬ proved by Miller, Canfield, Pad¬ dock & Stone, of Detroit. a second The to numerical inverse in for premium July $41,000 inclusive. 1955 accrued date fixed called Mich. Park, 1961 in any or mium Sale—The to be redeemed at the option of may the 1952 maturing to shall be paid for redemption on premium of bonds. coupon 1955, but before April 1, 1956, $5. Taylor Township Sch. Dist. Inkster), Mich. (P. G» Bond Sale—The 8460,000 build¬ Sattley & Co., jointly, for $32,000 2V2s, and $9,000 as 2s, at a price of ing bonds offered Jan. 19—v. 171, 100.23. p. Dist. No. (P. O. Cassopolis), Mich. Grange Bond Twp. Sch. 1 Offering—Irene M. Green- await, Secretary of the Board of Education, will receive sealed bids until 8 to H. V. McDonald-Moore Detroit, ChannelSecurities Co., of Chicago, and the Allison-Williams Co., of Minne¬ 234—were awarded Sattley & Co., & Co., both of apolis, 100.002, (EST) on Feb. 2 for follows: the purchase of 8225,000 school $350,000 coupon bonds. Dated March 1, 1950. Birmington Sch. Dist., Mich. Bond Sale—The 83,100,000 school Education, will receive sealed bids until 8 p.m. (EST) on Feb. 1 for deemed No (P. O. Weidman), Offering—Clyde J. BeutSecretary of the Board of ler, As to each bond called for redemption on or after April 1, $7.50. Mass. Sale—The $465,000 bonds Jan. 26—v. 171, p. 400— Dist. Michigan 1 follows: As to each bond called as for Sch. Bonds redeemed so bonds after Bond pre¬ a or Sherman Township Rural Agric. date the to redemption plus for each bond mium La 400— The second high¬ on on on Principal and inter¬ est payable at the Detroit Trust Co., Detroit. Legality approved by Claude H. Stevens, of Berry, Ste¬ vens, Barbier & Evely, of Detroit Upton, District Secretary, will re¬ bids premium no for redemption May 1, 1959. O. Maple Rapids), Mich. Bond Offering — Charles W. sealed after 1957, but prior to May 1, and called Twp. Frac. Sch. Dist. No. der, on a for redemption on or May 1, (P. ceive par and premium plus but from 1963 to 1966 inclusive. Essex 1, 1953, at bond called for re¬ on 01* after May 1, 1953, prior to May 1, 1955; $10 on each bond called for redemption on or after May 1, 1955, but prior to May 1, 1957; $5 on each bond July 1 from on 1955. 90,000 on any demption 3s. to 1954 inclusive. 1951 or dates on interest accrued of $15 on each 'follows: one payment after May and Co., Inc., at a price of basis of about 1.71%, a order, interest more Braun, rahan, of New York City. notes the of Jan. awarded were Hazel until Second Feb. about $750,000 26—v. awarded Shawmut Boston, at Mass. Sale—The Note offered — from Bonds tion prior to maturity, at the option of the District, in inverse Mich. Sale—The $300,000 school Bond to second Second was Maiden, til 2 p.m. nomination $1,000. to Bond 1 clusive. Massachusetts Note 1951 to 1966 in¬ maturing in 1963 1966, will be subject to redemp¬ May on Crystal Lake Twp. Sch. Dist. (P. O. Wellesley Housing Authority, Bank, of discount, plus $2.50. bidder Bank, notes ment, will receive sealed bids un¬ (EST) on Jan. 30 for the Ipurchase of $60,000 school coupon Co., jointly, for 3s, 314s, 2s and l34s, at a price of 100.005, a basis of about 2.08%. troit. livan, Donovan, Heenehan & Han¬ $750,000 National Merchants Boston, at 0.77% Eliot, Me. Bond Sale—The Note smith, Secretary of the Board of Education, will receive sealed bids until 8 p.m. (EST) on Feb. 7 for the purchase of $500,000 school coupon bonds. Dated March 1, 1950. Denomination $1,000. Due Burr, C. F. Childs & Co., Milwaukee Co., Milwaukee; Cen¬ tral Republic Co., Chicago; Crouse & Co., and S. R. Livingstone & and dated are Feb. 6, proved 1951. Mass. Lawrence, offered MAINE Chairman of the discount. 0.75% Le¬ G. Becker fixed $1,000. — Due on April (P. O. Hazel Park), Mich. Bond Offering—O. Everitt Hy- & Frankfort), No. 8 Twp. Sch. Dist. Royal Oak Bank, New York; District, in inverse numerical or¬ at Secretary Police Jury, will receive Note Sale The $800,000 notes sealed bids until 10 a.m. (CST). on Feb. 15 for the purchase of offered Jan. 26—v. 171, p. 400— were awarded to the National $200,000 court house and jail bonds. Dated April 1, 1950. Bank, of Boston, at De¬ Shawmut $1,000, highest bidder was Co., Chicago; Trust (EST) on Jan. 21 for the purchase of $30,000 water depart¬ mental equipment loan coupon notes. Dated Feb. 1, 1950. De¬ a.m. Chairman, will receive sealed bids Gloucester, Mass. 1 from 1951 to 1.965 inclusive. by v. 400—were awarded to the Shawmut Bpnk, of p. Boston, $470,- interest. Bond Offering'— R. Downes, nomination purchaser. Legality approved Miller, Canfield, Paddock & Stone, of Detroit. the May 1 in on Co., B. J. Van Ingen & Co., Cof¬ fin National interest; $400,- interest 0.85% Authority, Mass. Sale—The $330,000 Third Housing series bidder was the Sec¬ National Bank, Boston, for at April 1, 1962. Principal and inter¬ est (A-O) payable at a bank or trust company to be designated by from 1956 to 1962 inclusive. Salem highest 000 La. & 140,000 Co., jointly, at 0.80%. Due Harris, Hall & Co., A. Bank, New York, and C. J. Devine & May 1 on May 1 from on 1967. National 20,000 was Sale—The $400,000 O. Chase Boston, at 0.80%. The second highest bidder was Chase National Bank, l3/4s. as $50,000 Shawmut Due 1962 inclusive. Due second of est. Massachusetts Note ond 1980 inclusive. Parish The awarded to 400—were p. National to 2s. 1966 and as 171, v. the Bank, Framingham Housing Authority, v. Sec¬ $1,281,000 2V4s. as 1 nomination $500,000 the National Shawmut Bank, of composed of Scharff & Jones, of Boston, at 0.71% interest. Dated New Orleans; John Nuveen & Co., Jan. 24, 1950. Due on Nov. 9, of Chicago; White, Hattier & San1950. Legality approved by Storey, ford, of New Orleans; Barrow, Thorndike, Palmer & Dodge, of Leary & Co., of Shreveport; Nus- Smith; Weil & Co., Howard, Labouisse, Friedrichs & Co., Weil & Arnold, all of New Orleans; Juran & Moody, of St. Paul; Widmann & Co., of Cin¬ Housing Authority, Mass. Sale—The Note $5 on each bond called for re¬ demption on or after April 1, 1960, but prior to April 1, 1962. No pre¬ mium shall be paid on bonds called for redemption on or after a 1963 to 1965 inclusive. Storey, Dodge, of ond Series notes offered Jan. 26— to 1956 as 430,000 .bonds Revere 1951 from 615,000 by & 100.001, of Due on May 1955 inclusive. 2V2S. as from 142 re¬ Everett, Mass. Bond Sale—The Sec¬ Boston. of Bank approved Palmer the at Boston. Note Offering—Thomas F. Duf¬ fy1, Legality approved by Wyatt, Graf¬ ceive sealed bids until 11 a.m. ton & Grafton, of Louisville. (EST) on Jan. 31 for the purchase of $1,500,000 tax anticipation LOUISIANA notes. Dated Feb. 1, 1950. Due on Nov. 10, 1950. Jefferson Parish Sch. Dist. No. 1 cinnati; National $785,000 Series notes offered Jan. 26— ond 171, p. 400—were awarded to the National Shawmut Bank, of purchase of $142,000 re¬ Boston, at 0.80% interest. The funding bonds. Dated March 1, second highest bidder was Chase 1950. Denomination $1,000. Due National Bank, New York, and on March 1 from 1951 to 1961 in¬ C. J. Devine & Co., jointly, at clusive. Bonds maturing in 1956 0.84% interest, plus a premium to 1961, are subject to redemption of $81. at the option of the city on March Essex County (P. O. Salem), 1, 1955, or on any interest pay¬ ment date thereafter. Principal and Massachusetts for payable interest Thorndike, National Bank, of Boston, 0.79%. bidder May 1, 1949. Due on Feb. 15 from inclusive. Principal 1964 to 26—v. Jan. 171, p. 400—were awarded to the KENTUCKY City 1951 of bonds. Denomina¬ coupon 1950. 15, tion $1,000. Legality Third $920,000 offered notes Second 1 1964 inclusive. 1957 to from Dated Due 3s. as Sale—The Note Series 1952 to 1956 inclusive. from 64,000 1 Sept. 1 Due on Feb. (EST) purchase the for 1 school $70,000 ond Cambridge Housing Authority, 1951. 2V2S. as Feb. on and Massachusetts $14,000 ceive sealed bids until noon 25, 1950. Due on Nov. 8, 1950. Legality approved by Storey, Thorndike, Palmer & Dodge, of lows: will re¬ price a Northern Andover, Maker, Town Treasurer, Dated Jan. price of par, as fol- a awarded Nov. 10, 1950. on at basis of about 2.08%, as follows: a.m. Mass. Offering — James J. Bond notes Boston. $115,000 im¬ bonds offered Dec. Due North $600,000 were Boston, at 0.76% Lansing Rural High Sch. Dist., Kan. Bond O. Taunton), Mass. by Chap¬ Cutler, of Chicago. provement (P. 11 on $25,000. Detroit, Pet- Feb. 7 for the purchase of $350,000 tax anticipation notes. Dated Feb. 7, 1950. Denomination to were until bids sealed (EST) notes awarded Dec. 1 from 1951 to 1969 inclu¬ sive. Legality approved ceive $600,000 the National Shawmut Bank, Boston, at 0.75% discount. 100.12. Bonds Sale—The D. tingell, County Treasurer, will re¬ Brockton, Mass. a at Sattley 1,270,000 Offering—Ralph & Nuveen V. H. Dedham), Mass. Note hall bonds offered Jan. 24—v. 171, Co., of Chicago; to April 1, 1956; $15 on each bond & Co., of Detroit; called for redemption on or after Thomas & Co., of Pittsburgh; Mc¬ April 1, 1956, but prior to April 1, Donald-Moore & Co., of Detroit; 1958; $10 on each bond called for Channer Securities Co., of Chi¬ redemption on or after April 1, 1958, but prior to April 1, 1960; cago, and Jones B. Shannon & Co., John and the Iowa-Des Moines National Bank, 1950 Monday, January 30, " jointly, at a price of basis of about 2.35%, as a p.m. Denomination 31,000. Due on April 1 from 1951 to 1965 in¬ clusive. Bonds maturing in 1955 to 1965, may tion of be redeemed at the op¬ the District in inverse as from 55,000 as 1958 The 212s. 1951 2s. and second to Due on June 1 inclusive. 1957 Due on June 1 in 1959. highest bidder was Barcus, Kindred & Co., Stranahan, Volume 171 Number 4877 THE COMMERCIAL & FINANCIAL CHRONICLE (503) —■- Harris & Co., Inc., and Welsh, & Co., jointly, for $350,000 2%s, and $110,000 as l3/4s, at Davis as price of 100.05, a basis of about a 2.35%. and interest payable at any suit¬ or trust company des¬ NEW able bank ignated by the purchaser,,,Legality approved by Faegre & Benson, of Minneapolis. 11 Bond Offering Edgar M. — Braingan, County Clerk, will ceive sealed (EST) bids until 10 re¬ a.m. Note Feb. 9 for the purchase on of '$300,000 metropolitan water supply system revenue, Series B bonds. coupon 1953 from Bonds maturing in callable are order on date 1977 to on in 1958 171, 1977, July 1957, Lake of miums as called for redemption on prior to July 1, 1961; $25 on each bond called for redemption after 1, 1961, but on or prior to 1, 1964; $20 on each bond called for redemption after July July July Bank, of Wijliams, Nicollet St. 1, '1984, but on or prior to July 1, 1867, $15 on each bond called for redemption after July 1, 1967, but on or prior to July 1, 1970; $10 on each bond called for redemption after Minneapolis, 100.15, a eral National Bank, of 1.30s, at a price basis of about 1.27%. as second highest bidder was Co., and Paine, Webber, Jackson & Curtis, jointly, for 1.30s, at a price of 100.14. Scott County No. 67 Com. Sch. Dist. bids until 8 p.m. (CST) on Feb. 1 for the purchase of $90,000 build¬ able at the Detroit Trust Co., De¬ ing bonds. Canfield, Paddock & of Stone, Detroit. Offering—Margaret Allen, Clerk, will receive sealed Dated Jan. 1, 1950. nomination from $1,000- 1953 Due to'T1968 De¬ Jan. 1 on inclusive. All bonds maturing after Jan. 1, 1964, being subject to redemption in in¬ MINNESOTA Buffalo, accrued Minn. interest said on date Wheaton, Calumet, Minn. J of m J, X e r ze, A-i'utve scaled j bonds offered •ratiMJtO p.m. (CST: on Feb. —were of i bond s. Da ted 100.25, second Due t:c u vot t Jan. on 1952 to from 1 Minn. Jan. 12—v. basis of about a ond highest Union Trust 13/4S, at a 1.60s, at a price of basis of about 1.56%. The highest bidder labi heimer-Egan, Inc., Legality approved by 13/4S, and $25,000 Domey, Colman, Barker, Scott & price of 100.08. Bather, of Minneapolis, and A. W. Mann- was for $25,000 1.60s, at as will receive Clerk, 21 for the (F-A) Park payable Bond Sale Gibbons rants 1961 and thereafter accrued -1 rV) • v Feb. 15 from on inclusive. at as 1950 24,000 War¬ maturing in 1960 and optional on Feb. 15, 1955, any interest payment date , 1961 to 21/2s. Due to as 1962 1961 on Oct. 3 from to ranis t:; vid UFO Legality ap¬ proved by Charles & Trauernicht, of St. Louis. tnui/u.m^ on Fu:. hi 1956 op- water 15, 1953, and been sold to the Bank of of any into rest payment date thereafter at par ana accrued Carthage, repair as Dated Feb. 15, 1950. par. Due 1965 interest. tion $1,000. system has Jan. 1 from 1951 to order at par and ac¬ interest on Dec. 1T 1959, or 'id"4*.'- St. ' • Sale — The 20—v. $10,500 price of bonds 171, offered 50—were p. par. Carrollton Union No. 1 (P. O. Bond O f f Free Sch. Dist. Bonds Sold—An issue of $68,000 bonds has been sold to the Robert bids until 7:30 p.m. E. sive. Feb. All bonds maturing after 1, 1964, being subject to re¬ i n g—William bonds. Dated Aug. at the First (EST) demption in inverse numerical or¬ der at par and accrued interest on said date and any interest payment date thereafter. refunding bonds has been sold B. to Schweser. Co., of Omaha, as lY>s, at a price of par. Due on Dec. 1 from 1950 to 1954 Principal1 inclusive. $35,000 ""' " Thomas H. re¬ 1950 ceive sealed bids until Feb. on National 000. Due 1965 inclusive. terest coupon pay¬ Jan. 24 . -, Central .(P. Q.t Sch. Dist. R. D. No. 1 Nedrow), N. Sale—The bonds offered 31, City bids 25 & bonds 9 as 13/4s, at 1950. offered Trust Co., Syracuse, for l%s, at price of 100.01. , 1 Jan. 20 cept for one will receive purchase Dated March $1,000, $1,773.30. 1, ex¬ Due on Marburger, Evatt & Barton, of Fremont, Ohio Offering — Fred - v Bond Peltier, City Auditor, will receive sealed bids until, (EST) purchase of storm, relief, trunk and 11 for noon sewer,special Oct. sanitary bonds. assessment from 1 1951 to 1970 Principal and interest playable atT the National (A-O) Bank of Fremont. • Lynchburg Local Sch. Dist., Ohio Bond Sale—The ing 20 Plains of $26. 24 $3,600,000 notes were awarded to Due. 1950. by until will receive bids at his office in (EST) Feb. 9 on of $125,000 land bonds. Dated Oct. 1, Denomination $1,000. Dec. 1 from 1951 to Due 1962 in¬ Legality approved by Sanders & Dempsey, of Cleveland! *Minerva, Bonds Ohio Sold—An issue of $100,- mortgage revenue electric lighting plant bonds has been sold the Due par. sealed (EST) on Jan. 31 for the purchase of $194,000 refunding and June 1973 inclusive. as follows: bridge 1 from as on Cleveland Corp., of price of Aug. 1 from 1950 to 3J/4S, at a 1964 inclusive. Mount Healthy, Ohio Sold—An issue of Bonds - $20,light bonds has been sold to Sweney, Cartwright & Co., of Columbus, as 21,4s, at a price of 000 street Sch. Raleigh, until bonds, divided First Cleveland, bonds. 1971 to Dist., Local Ohio Bond Offering—Frank H. Fraz- ier, Clerk-Treasurer of the Board of Education, will receive sealed bids until for a.m. on noon St. Clairsville Bond Offering—W. A. Easterling, Secretary Local Government Due Massillon, Ohio Offering—Edgar L. Lash, will receive sealed the purchase 1949. on (P. O. Statesville), N. C. $185,000 road was Ryan, Co., for 2y2s, at a & 101.13. NORTH CAROLINA coupon highest bidder Bond Iredell County Commission, were — City Auditor, to York Legality ap¬ Caldwell, Marshall, Trimble & Mitchell, of New York. proved build¬ offered price of 101.39. a Housing Authority, 2, 235 p. . 000 Dated Feb. 2, 1950. Aug. 171, v. — bonds awarded, to J. A. White <Sc Co., of Cincinnati, as 2!/2S, at a price of 101.58, ;.a basis about 2.35%. The Geo. B. Co., Inc., for 1.90s, at $97,000 improvement Squire, offered Jan. 11 $197,244 .^£b. 1, 1950. Denomina¬ $1,000, except one for $244. on purchase the National Bank, of New York, at 0.82% interest, plus a premium on Feb. on .the . as 1.60s, at a price of basis of about 1.58%. The Note Sale—The ■ a Agnes Brown 1 from 1952 to 1961 inclu¬ sive. Principal and interest (M-S) payable at the City Treasurer's of¬ fice. Legality approved by Brick- clusive. was v' March for were the Marine Trust New price of 100.12, a basis of about 1.74%, The sec¬ ond highest bidder was First the Le¬ Ohio Denomination Sutherland Due $15,000 fire hall highest bidder White a 1951 to noon reigstered bonds. Co., Gibbons & v. from Clerk, the second price of 100.19. 171, p. 234—were awarded to the Marcellus National Bank, of Mar¬ cellus, 1 — until for to (P. O. Forge), N. Y. a n — of (EST) on of $96,773.30 Street Improvement, Spec. Assmt. Series No. 217, coupon or Feb. at Co., of Buffalo, Y. (EST) Principal and in¬ Bond Offering of 1950. Legality ap¬ Sullivan, Donovan, Hanrahan, of New by awarded to $20,000 school Jan. awarded Dated Jan. 30, 1950. July 1949 regis-" 1 Bank, Trust second No. Jan. $3,584,000 notes were Schenectady Bond Sale—The 1950. noon purchase gality approved by Peck, Shaffer & Williams, of Cincinnati. bids Onondaga, Marcellus, Fayette and Otisco Dec. on Jan. Old Y. or the (J-D) payable at Treasurer's office. County ap¬ York Webb Fire Dist. No. Bank, Dated Feb. 15, for $98,000 water supply bonds. Dated Dec. 1, 1949. Denomination $1,- Due York. Bond Offering—Samuel P. Hall, Treasurer, will receive sealed bids until 2 p.m. 1950 17 of inclusive. offered 100.08, water O. $13,500 fire bonds First Heenehan Legality approved by Kenefick, Cooke, Mitchell, Bass & Letchworth, of Buffalo. Greenwood Lake, N. — 171;'-p. 234—were awarded proved $40,- 1, 1949. National (P. Schenectady Housing Authority, the J Salamanca. 1950 City, Neb. Fire District Middleburgh,, as 2s, at a price of 100.74, a basis of about 1.84%. Denomination $1,000. Due on Aug. 1 from 1950 to 1962 inclusive Bond Robert 20—v. offered regis¬ tered Offering Dated Roxbury on bids until 3:30 p.m. Feb. 7 for the purchase of 000 school 1949 coupon or clusive. the — sealed „v Bonds Sold—An issue of 26—v. 171, p. 402 were awarded to Blair, Rollins & Co., Inc., as 1.60s, at a price of 100.05, a basis of about 0.80%. Schweser Co.^, of, Omaha, as 23/4s. Due from 1956 to 1958 in¬ David Jan. Note Sale—The Limestone), N. Y. e r tered bonds. District Clerk, will receive sealed 1, 1950. Denomination $1,000. Due on Feb. 1 from 1953 to 1969 inclu¬ offered to" the ' (CST) on Feb. 2 for the purchase of $125,000 building coupon bonds. Dated Feb. bonds paratus Sold—An issue of $25,000 Denomination Legality approved by Dor- municipal $1,000. Due on Feb. building bonds has Colman, Barker, Scott & Bar¬ been sold to the Wachob Bender 15 from 1951 to 1960 inclusive. ber, of Minneapolis. Corp., of Omaha,;, at a price of Principal and interest (F-A) pay¬ able at the First National Bank, 100.16, a basis of about 3.73%. Due Hennepin County Com. Sch. Dist. on Legality approved by Nov. 1 from 1951 to 1969 in¬ Warwick. No. 27 (P. O. 6158 Lakeland Mitchell & Pershing, of New York clusive. Avenue North, Minneapolis, '■•rl-y.' City. 22), Minn. Chadron, Neb. Gleason, > No. 8 (P. O. Rotterdam), N. Y. Bond Sale—The $310,000 school New 000 Bonds Bond Columbus; Roxbury), N. Y. fire for Feltz, Clerk of the Board County Commissioners, will er, Bond Sale—The chaser. Offering —R. L. Roosevelt was price of 100.58. a . sey, Bond sec¬ 1.59%. YORK (EST) on Jan. 31 for the purchase of $31,- Brunswick, Neb. Paul bank designated by the pur¬ date Village NEBRASKA Principal and interest or on highest bidder The a County (P. O. Hamilton), Ohio Rotterdam Union Free Sch. Dist. Eagle Mills Fire District No. 1, N. Y. Carthage, at a price of inclusive^, Denomina¬ payable at any Minneapolis 3s, bonds 1.94%. at Butler at awarded to the Manufacturers Na¬ tional Bank, of Troy, as 2s, at a of Bonds Sold-—An issue of $15,000 War- price of 100.64, a about 2!/2s, as 101.97, a basis of about The second highest bidder was Hayden, Miller & Co., 2y2s, at a price of 101.62. tion able Jasper, Mo. Feb. 1 from 2s, at as Cross, Wood, Struthers & Co., Co., jointly, for 2s, numerical NEW Cleveland, of and Freeman & matur¬ Principal ahd interest (F-A) MISSOURI inclusive. ond Rauscher, I?ierce.&-Co., and Dallas Rupe & Son, both of Dallas, jointly as 3%s. Dated Dec. 1, 1949. Due on Dec. 15 from 1954 payment Co., Inc., Bacon, Ste¬ Co., and Chas. E. WeiCo., all of New York, basis of a been sold to on 1969 inclusive. Dated Oct. 3, 1949. interest. on jointly, Lovington, N. Mex. & & & Ruble, District Clerk, will receive improvement Fund No. 12 nrraibDm: gold Bonds Sold—An issue of $325,000 street improvement bonds has Oct. 3 from inclusive. 2%s. Due to on and par MEXICO on any interest thereafter. of 2.30%. Cain, 402—were awarded to Geo. B. venson crued Co., price sealed Falls), N. Y. Sale—The $580,000 school 1949 bonds offered Jan. 25—v. 171, p. Bonds Jan. Bond by -Hawkins, Wood, of N. Y. City. inclusive. offered (P. O. R.R.D. No. 2, Glens interest & Jan. The — No. 2 Delafield 1979 Dist., Ohio Sale—The $136,000 build¬ ing bonds offered Jan. 21—v. 171, p. 143—were awarded to Otis & Bond Columbus, - approved NEW OHIO Queensbury Union Free Sch. Dist. Ridgefield Co., Ridgefield Park. Trust bonds 171, p. 234—were awarded to Wood, Gundy & Co., Inc., and Paul Frederick & Co., both of New York, jointly, as 1.40s, at a price of 100.02, a basis of about 1.39%. the at fighting apparatus $45,000 com¬ munity hospital bonds offered Jan. $26,500 Improvement Fund No. 11 1952 and $137,750 public & Local Sch. to 19—v. Legality -.y County (P. O. Wiggins), Miss. $21,000 warrants. Due Principal 1951 Chester, N. Y. improvement provement of 1949 coupon or reg¬ Dated Feb. 1, 1950. Due on Feb. 1 from 1951 to 1962 inclusive. from Bond Sale—The istered bonds. purchase follows:' as for Brunswick (CST) 18 were awarded to the First Na¬ of tional Bank, of Memphis, at a $40,500 street improvement, spe¬ price of par, a basis of about ed assessment warrants, divided 2.69%, as follows: Feb. Port Bond Offering—Elwood G. Ho.yt, Village Clerk, will receive sealed a scaled bids until 7:30 p.m. on Newark, 1 as Stone Valley (P. O. 2345 Noble Village Co., sec¬ Fidelity price of 100.07. a Bond nam, The was 1, 1949. Denomina¬ Principal and interest (J-D) payable in New York City. inclusive. March June on Legality approved by Mitchell Pershing, of New York City. Burton Penfield Due 1973 inclusive. Dated Dec. Co., Palmyra, for Secretary, on from 1971 to tion $1,000. par. Principal and in¬ terest (M-S) payable at the Union Trust Co., Rochester. Legality ap¬ proved by Reed, Hoyt & Wash¬ burn, of New York City. Ridgefield Park, N. J. MISSISSIPPI Spellacy, of Marble. Avenue, Minneapolis 22), Minn. Warrant Offering—Bert D. Put¬ 1.64%. bidder as Offering—Earl 1960 234—were awarded p. 26— Rutty & 2.60s, at a Perinton, Due gen¬ hospital ing in 1960 to 1979 are callable in 171, p. 49 whole or in'part in their inverse as inclusive. Golden $141,000 Ingen & Co., of New York, as 1.65s, at a price of 100.03, to awarded to the State Bank Wheaton, j8vm'-Denomination $1,000. rs r, f c.,f .. of Bond Sale—The $50,000 the pCyclic..so <*f 171, any i;i O sTm i n s —' id Bank, to B. J. Van and interest payment date there¬ after. Principal and interest pay¬ bonds offered Jan. 11 — v. 171 p.14;;—were awarded to the Oak¬ able at any suitable bank or trust ley fsational Bank, of Buffalo, and company designated by the pur¬ the Buffalo National Bank, joint¬ chaser. Legality approved by Faegre & Benson, of Minneapolis. ly, as 1.60s, at a price of par. , „• 24—v. Jan. Sage, L. Rapp, will receive sealed bids until 2 p.m. (EST) on Feb. 3 for the purchase of $17,000 fire apparatus coupon or regis¬ tered bonds. Dated March 1, 1950. Denomination $1,000 and $500. refunding bonds offered Jan. numerical order at par and verse Bbad Sale—The $75,000 hospita Sale—The and District for Bond troit. Legality approved by Miller, National price of a Bond to bids until 8 p.m. (EST) on Feb. 9 the purchase of $170,000 im¬ (P. O. Savage), Minn. District no on notes awarded NEW JERSEY Bond Minn. premium will paid $250,000 were 1 con¬ Fire Dist. (P. O. Penfield), N. Y. Palisades Park, N. J. bonds called for re¬ demption on or after July 1, 1973. Principal and interest (J-J) pay¬ July i, 1973, and be 26 $8,700 offered to Union Trust Penfield Kalman & prior to but 1970, 1, July Northwestern Sale—The Jan. The of Rochester, was 9,000 school bonds. Palmyra), N. Y. price of 102.00, a basis of about 2.33%. The second highest bidder Boston, at 0.81% discount. County (P. O. Peter), Co., bonds awarded were 2%s, Second 3s. as struction Exeter), N. H. the $100,000 drain¬ bonds offered Jan. 25—v. 171, 401—were awarded to the The Na¬ Rockingham County (P. O. offered Bond Sale—The of Second First National Bank, Bos¬ was Note (P. O. 91 Minn. $20,000 build¬ ing bonds offered Jan. 24—v. 171, p. 401—were awarded to the First p. the 401— p. ton, at 0.83%. ^ Sale—The Bond age der County Dist. No. Williams), at or Woods the Con. Sch. interest plus pre¬ follows: $30 on each to 171, & par and accrued bond 19— Jan. awarded to Co., of StrPauly as 2s, price of par. " payment 1, offered 142—were p. Kalman State interest after to numerical inverse any or inclusive.* 23—v. awarded District (P. O. Bond Sale — H. The $500,000 notes — Jan. • N. — bonds Dated Jan. 1, 1950. Denomination $1,000. Due on July 1 system at a Sale offered Palmyra, Canandaigua Road Water ' » Kinney, Minnr,, tional Bank, of Boston, at 0.81% The $1T,500 water discount. The second highest bid¬ Bond Sale v. HAMPSHIRE '"IFF Dover, were Wayne County (P. O. Detroit), Michigan "f.'-f' 48 noon (EST) the purchase struction bonds. of on Feb. 2 $70,000 Dated con¬ Feb. 1, 1950. on Denomination $1,000. Due Dec. 1 from 1951 to 1970 in¬ clusive. Principal and interest (J-D) payable at the Second Na¬ tional Bank, St, Clairsville. Le-p .. 44 gality approved by Squire, Sand¬ & ers St. Dempsey, of Cleveland. Marys City Sch. Dist., Ohio 235—were Clark & awarded Co., Bank about 1.53%. Stow Local Sch. Bond Dist., Ohio Offering—Vida Clerk of the Sabin, M. of Education, Board * Cushing, Okla. will receive sealed bids until noon <EST) on Feb. 7 for the purchase $465,000 improvement bonds. Dated Jan. 1, 1950. Denomination $1,000. Due on Dec. 1 from 1951 to 1970 inclusive. Interest J-D. ■of Thompson Twp. Local Sch. Dist. works Offering Merlin Good, — (EST) on Jan. 27 for the purchase of $49,000 improvement bonds. Dated Jan. 15, 1950. Denomination 19—v. Jan. 235—were p. City, at a price of 100.04, a basis of about 1.81%, as follows: Due on Feb. 1 in $50,000 as 3s. 1955. and 1954 iy*s. 75,000 as Due Feb. on 1 50,000 IV2S. as Due Feb. on 1 Due Due on Feb. 1 l%s. as from 1961 to 1965 inclusive. Due 2s. as ^eb. on 1 from 1966 to 1969 inclusive. University Heights, Ohio Bond Offering-—Roy J. Madden, will receive of Finance, Director .sealed bids until March 30 for the purchase of $175,000 provement bonds. im¬ sewer Exempted Village Wauseon Watkins, Offering—O. L. Bond the Board of Education, of will receive sealed bids until 7:30 Feb. 7 for the pur¬ $150,000 construction (EST) p.m. on of chase 10, 1950. De¬ bonds. Dated March to Harper County Indep. Sch. Dist. No. (P. O. Buffalo), Okla. 4 Bond Offering—A. Baker, Dis¬ Clerk, will receive sealed trict Due on March 1 from 1951 to 1965 inclusive. Interest M-S. and Minerva), Ohio Bond Offering—Donald J. Bax¬ ter, Clerk of the Board of Educa¬ tion, will receive sealed bids until of Feb. Dated tion on Feb. 6 for the pur¬ $210,000 building bonds. (EST) chase Denomina¬ 1950. 1. and Due on June 1 $1,000. Dec. 1 from 1951 to 1971 inclusive. Clerk, funding BUCKEYE PIPE LINE COMPANY THE SO 1 from 1951 The this York, 1960 1, Feb. on 1, 1959, or declared a share on day Cents Linn No. County Sch. Dist. 19 Bond Offering Ellen — Miller. District Clerk, will sealed bids until 8 p.m. E. M. receive (PST) on Feb. 6 for the purchase of $21,500 school bonds. Dated Feb. 1, 1950. Denomination O f f Bond i e r 000 coupon bonds, divided Due protection stock, payable March record 17, eloea the at- of C. of O. business February 1950. Secretary. BELL. Feb. on 1 from 1 Board 21 of cents share a Stock, Common today the on payable Feb¬ 15,, 1950. to stockholders ruary , Directors quarterly dividend of record February R. 1. 1950.' GOULD MOREHEAD 1, 1950. Denomina¬ Principal and interest (F-A) payable at the Manufac¬ turers Trust Co., New York City, at or the option of the holder, at the Guaranty Bank & Trust Co., : • ''-l'- Offering—Peter Delancv, Supervisors, will receive sealed of bids until 8 p.m. for the (EST) purchase machinery $5,500 road bonds. Dated of coupon Jan. 1, 1950. Due on Jan. Feb. 8 on Denomination $500. 1 from 1953 1951 to First The ocated No. 227 >f lotlfied Directors of Naumkeag Feb. 16 for the payable of ers on February 24, 1950 to hold¬ record 14, February at the close 1950. Old of Colony Trust checks. DICK President and Treasurer the he PEOUOT association A PILLOW Wlnsted, to therefore are present claims hereby for payment to CLARENCE H. BUNNELL, Liquidating Agent. CASES bonds. the York The Hurlbut ocated National Bank of Winsted, at Winsted, In the State of Conlecticut, Is closing Its affairs. All creditors >f the association are therefore hereby he to Sleeps on PEQUOT SHEETS present claims Due Jan, 88,000 Co., and the Central Investment Co., both of San Antonio, jointly, at price a about Due Jan. on 1950. Legality by McCall, Crowe, of Dallas. 1952 Worth Indep. Sch. Dist., 1976 inclusive. pay¬ National City Bank, Legality ap¬ City. the at Gresham, will receive 10 a.m. (EST) San Antonio, Texas sealed bids until 10 & 000 state street and 1950 to in¬ 1962 Bonds maturing on or after Oct. 1. 1958, shall be callable for repurchase in inverse numer¬ ical order at the option of the interest the at called Oct. 1, 1957, or, on any date thereafter payment following prices: 102V2 if Oct. 1, 1957, through April if called there¬ and prior to maturity. Legal¬ ity approved by Chapman & Cut¬ ler, of Chicago. TEXAS for payment to F. Brazoria County (P. Clute), Texas McARDLE, 1949. Bonds 000 O. (CST) on $3,850,- highways,, bonds, divided: bridge follows: Tex. $1,500,000 Series A bonds. 2,350,000 Series A bonds. Dated March 1, 1950. Denomi¬ Principal and in¬ 171, p. 403—were awarded to nation $1,000. a syndicate composed of Phelps, terest (M-S) payable at the City Fenn & Co., F. S. Moseley & Co., Treasurer's office, or at the fiscal Paine. Webber, Jackson & Curtis, agency of the City, in New York. First of Michigan Corporation, F. City. S. Smithers & Co., all of New WYOMING York; Rauscher, Pierce & Co., and Dallas Rupe & Son. both of at Dallas, basis of price of 100.11, a 1.82%, as follows: a about $485,000 as as 4s. Due 3s. Due 1,250,000 as IV2S. on on Feb. 1 from Due The Feb. 1 on second highest bidder was Nuveen & Co., Co., Braun, Bosworth & C. F. Chiids & Co., Inc., Hornblower & Trust Co., Burns Weeks, Commerce Kansas & City; Feb. 6 for Jan. 31 the for bonds. A. (CST) 1951 March $1,000. Quinn, on $35,000 coupon 1, Due 1962 inclusive. to Jan. 1950. from Principal interest and payable at the City Treasurer's office, or at the Na¬ tional City Bank. New York, at the option of the holder. Legality approved by Wood, King & Daw¬ son, of New York City. Bonds Indep. Sch. Dist., Texas house improvement, improvement approved by McCall, Parkhurst & County Fresh Water Supply Dist. No. 14 Bonds 000 water works been lok sold to issue of $150,- system bonds has the Eddleman-Pol- Co., of Houston, and the First Treasurer's office, or the at Le¬ gality approved by Pershing, Bos¬ worth, Dick & Dawson, of Denver. CANADA QUEBEC Quebec (Province of) SEC—The With filed 26 Jan. Province- registration a statement with the Securities and covering debentures to mature on Feb. 1, 1955. The rate of interest, offering price and underwriting terms are to be sup¬ plied by amendment. The issue will, Commission Exchange an be issue of $15,000,000. underwritten United the \n syndicate composed of Harriman Rip¬ ley & Co., Inc., Smith, Barney & Co., A. E. Ames & Co., Inc., Wood, Gundy & Co., Inc., Dominion Se— States by a First Boston Corp., curities the and Corp., McLeod, Inc. Proceeds of along with other Weir, financing, Young, funds, will be used by the Prov¬ 1950. and $15,000,006' payment of maturing The dian funds, and a was redemption on lr March 1,. obligations at holder's either in United $}4,888,311 on maturing payable, March dated debentures States or option, Cana¬ sinking fund of available for their Nov. 30, 1949. deemed to be in interest of the Province, However, it is Corp., of San Antonio, the best 3WS and 4s. Dated Nov. considering that the current offi¬ Due on May 1 from 1952 cial rate of the U. S. dollar is to 1974 inclusive. Optional May 1, 1.105 Canadian dollars, to refund 1964, or on any interest payment date thereafter. Principal and in¬ the issue rather than apply the' terest (M-N) payable at the City sinking fund for redemption as: of Texas jointly, 1, 1949. as approved re¬ (P. O. Houston), Tex. Sold—An at County the State Treasurer's office. are Crowe, of Dallas. Harris and in¬ payable (J-J) Sold—An issue of $200,- school 000 Principal terest on purchase of band shell Dated on Martin, Auditor, will receive sealed a.m. $1,- Jan. 1 from 1958 by Due inclusive. Files bids until 10 Dated. bonds. Denomination 1965 Newburger, Co., and R. A, Underwood & Co., jointly, for 4s, l3is and 2s, at a price of 100.29, a basis of F. coupon 1950. 1, Corbett; — th^ purchase of $18,— funding Loeb & City Wesley John* Clerk, will receive sealed bids until 8 p.m. (MST) oil 000. Bank, Chicago: Northern Trust Co., Chicago; John — District son. 000 National First Big Horn County Sch. Dist. No. 2CJ (P. O. Burlington), Wyo. Bond Offering Feb. 1 from from 1960 to 1968 inclusive. National Sold—An issue of $110,- permanent aid state or 1945 on a.m. Feb. 9 for the purchase of ments, of Dallas, as 2Vzs, 3s and 3V2S. Dated Jan. 1, 1950. Legality county receive will Clerk, City Gal¬ Frank Offering—J. lagher, ince in the until from office. approved 2% 1 payable (F-A) by Dumas,. Huguenin & Boothman, of Dallas* Legality Bond 1 maturing in 1961 10,1961. Prin¬ Treasurer's State sold to the Louis B. Henry Invest¬ Oct. Feb. 10' on 1979 inclusive. $2,000,000 school house 1950 bonds offered Jan. 25 Haskell Tenn. March 30 for the purchase clusive. inclusive. Due to cipal and interest of on Feb. 10 on 1975 23os. as Series 1950 bonds offered has been bids sealed Due to to 1979. callable Feb. as Bond Sale—The 23iS. as from 1 ap¬ Parkhurst proved basis of a Dated Feb. 10, 1950. Denomina¬ from 1971 to 1980 inclusive. Dated Jan. 1, 100.17, of 2.65%, as follows: $82,000 to 1970 inclusive. 3I4S. as has bonds Rauscher, Pierce Sc tion $1,000. Bonds has been on to of $110,- issue extension sold follows: as 3s. as Denomination undersigned at said bank. Dated December 9, 3.14%, Jan. 1, 1950. Due on Jan. Chairman, Liquidating Agent. Nation bonds municipal 1960 to road bden Dist. Galveston, Texas proved by Chapman & Cutler, of Chicago. County Sch. ly, at a price of 100.10, a basis of (EST) on high¬ a.m. Dated 1951 County Road Dist. No. 7i Texas Bonds Sold—An 000 of Sold—An issue of $200,- Bond Offering Principal and interest (J-J) after EDWARD sleep. way New re¬ about 1.89%. issue of $60,000 an at bid cost a sold to Russ & Co., and McRoberts & Co., both of San Antonio, joint¬ about Mc¬ was (P. O. Hallettsville), 28,000 Indep. school house 000 Tenn. Denomination $1,000. able on interest (P. O. Edcouch), Texas Bonds O. 1, 1960, and 101 Dated December 9, 1949. daily dividends of luxurious and restful "The SHEETS of undersigned at said bank. lotlfled pay Bank business Company, of Boston, will mail RUDOLPH C. National at Cotton Company at a meeting held on January 25, 1950 declared a dividend of Fifty Cents (.50) a share, Steam Securities County (P. public auction at 10 15 Lave a from Edcouch-Elsa biddel 107.63. of $1,600,000 school bonds. Dated Oct. 1. 1949. Denomination $1,000. Due on Winsted, in the State of Conlectlcut, Is closing Its affairs. All creditors January 25, 1950 of York, New Offering—George C. Zir- from McClung & Rotan, Mosle Moreland, jointly, flecting a net about 2,40%, ■*" Bond Offering—H, H. bids will- LIQUIDATION NOTICES famfianif * board of Co.. of Colum¬ Vance the Feb. 011 NAUmCEAG The & Co., Cleveland, Paul Dandridge), Pennsylvania (State of) bonus bonds. DIVIDEND were — Rollins Jonesboro), received & offered bonds p. 403 Washington County (P. O. purchase of $375,000,000 veteran's MASSACHUSETTS $600,000 county TENNESSEE inclusive. be SALEM, and Jefferson 1 was second 1957 to 1959 inclusive. kle, County Chairman, will sell at (P. O. Harvey's Lake), Pennsylvania bidder 265,000 of Greensboro, jointly, as 2s, at a price of 100.41, a basis of ■ highest The 2.32%. about 1951 to 1956 inclusive. Spartanburg County (P. O. Spartanburg), S. C. Bond Lake Twp. of Knickerbocker, and Florence. Offering—Ralph C. Bond Offering—Sealed Steam fatten 1974 in¬ to Corp., Township (P. O, a cost highest —v. about 1.95%. Treasurer January 26. 1950 to Dated Feb. Sieg. Secretary of the Board of Super¬ visors, will receive sealed bids until 7 p.m. (EST) on Feb. 6 for the purchase of $7,000 township Bond DIVIDEND of a 1951 tion $1,000. ham, Canandensis), Pa. Bond declared from 1951 Bond Secretary-Treasurer of the Board The bonds. bia, J. Lee Peeler & Co.. of Dur¬ CORPORATION COMMON fol¬ as 1,000,000 water works and sew¬ age extension bonds. Due on bonds. SUBURBAN PROPANE GAS M. 1959 inclusive. Sale—The payable at the County Treasurer's office, or at general hospital v. 171, the fiscal agency of the State in Jan. 26 New York City, at the option of awarded to Blair. the purchaser. Legality approved Inc.. Otis & Co., of by Winfree, McCulloch, Shuler & Frederick & Co., Frank S. Smith & Sayre, of Portland. Barrett & Co., of Dallas, jointly, bid reflecting a net interest Fort $155,000 fire (F-A) PENNSYLVANIA the outstanding capital 15. 1950 to shareholders g—Haskell n lows: $1,000,V except one interest on second 403—were awarded p. C. will receive sealed bids until noon (EST) on Feb. 8 fox the purchase of $1,155,- $500. to Pierce I Mayor, Thomas, Due on Feb. 1 from 1951 1961 inclusive. Principal and for 171, p:. Clung & Knickerbocker, at a price Dfewar, Robertson & Pancoast, San Antonio, and Rauscher, of from 1951 Florence, S. & $325,000 noncallable school bonds offered, Jan. $112,000 SOUTH CAROLINA Feb. (P. O. Route 2, Albany), Ore. of ..this-Company has dividend o!Twenty (20c» per any on paying date thereafter. Legality approved by Townsend, Elliott & Munson, of Philadelphia. Chapman by Sale—The Bond 19—v. 171, Jan. Co., of San Antonio, at a price of 109.02, a basis of about 3.49%. The Le¬ Treasurer. Eagle Pass Indep. Sch. Dist., Tex. in the inverse numerical maturity at the option of the City at par and accrued in¬ clusive. of Directors Board after Feb. or Feb. 1, 1973, may be redemption in whole, to for in part inclusive. 1973 011 offered water 144—were awarded to Dittmar &c Cutler, of Chicago. order of OREGON 1950. 26, January improvement to maturing called to 1961 inclusive. Street Broad New receive Dated Feb. 1, 1950. — DIVIDEND NOTICES will and bonds. coupon Sept. R. R. 3, City Stanford bonds $50,000 system revenue sewer and approved gality and Principal State the works payable at the of¬ (J-D) of fice to G. — sealed bids until 8 p.m. (EST) on Feb. 1 for the purchase of $450,- (CST) on Jan. 31 for the purchase of $102,000 con¬ struction bonds.. Due from 1952 West Local School District (P. O. noon Moon, bids until 3 p.m. nomination $1,000. 1 V inclusive. 1955 interest 15, 1950 Texas Porte, Sale—The Bond 15 from 1954 June on inclusive. 1958 La to of Dec. Dated 3s. as Due 1949. to Williamsport, Pa. the purchase of $6,000 transporta¬ tion equipment bonds. Due from School District, Ohio Clerk Offering—Harry D. Far- Houston, 24—v. interest ris, Clerk of the Board of Educa¬ tion, will receive sealed bids until 7:30 p.m. (CST) on Feb. 1 for bonds has been sold Eddleman-Pollock Co., Offering Bond terest (P. O. Mangum), Okla. Bond 1953 highest bidder County National Essington, for lVas, at a price of 100.05. 5 No. second Delaware was County Dependent Sch. Dist, Greer Interest A-O. to 1973 inclusive. The Bank, or 100,000 Oct. 1 from 1951 on sive. Bonds in 1959 and 1960. 125,000 Feb. 1 from 1951 to 1953 inclu¬ on Denomination $1,000. Due on Feb. ■ $1,000. Aspden, Robinson & Co., of Philadelphia, as lAis, at a price of 100.31, a basis of about 1.09%. Due 000 from 1956 to 1958 inclusive. award¬ were ed to Co., C. Edgar Honnold, and Cal¬ vert & Canfield, all of Oklahoma Board of Education, Clerk of the will receive sealed bids until noon offered bonds awarded to a syndicate composed of Evan L. Davis, of Tulsa, First National Bank & Trust Co., Small-Milburn 171, (P. O. Bellevue), Ohio Bond Sale—The $400,000 water Bond school $81,000 Monday, January 30, funding the Pa. bonds offered Jan. '23 OKLAHOMA Fahey, Miller & Co., both of Cleveland, and Sweney, Cartwright & Co., as l%s, at,a price of 101.69, a basis of Twp. Sch. Dist. (P. O. Sale—The Bond CHRONICLE FINANCIAL & Essington), * Co., IVJinerva. to Hayden, Tinicum Principal and interest (J-D) pay¬ the Minerva Savings and able at Bond Sale—The $526,000 build¬ ing bonds offered Jan. 24—v. 171, p. COMMERCIAL THE (504) Bank, Houston. Legality latter course would involve a sub¬ by Vandewater, Sykes, stantial purchase of U. S. dollars Galloway of N. Y. City. at a premium. Heckler & City.