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MONDAY ISSUE the Commercial and Financial Chronicle Reg. U. S. Pat. Office Volume 172 Number 4927 New General RAILROAD Acme Steel Net $16,504,534 Net taxes income tEarnings 5,316,418 estimated 2,020,239 $1,111,680 $0.55 of $3,296,179 tBased In This Issue of Admiral Corp. 1950—3 Mos.—1949 •Net profit Capital —V. share__ per •After shares Aeroquip Exchange 35 36 1949. Philadelphia-Baltimore Stock Pittsburgh Of¬ Stock Exchange Stock Exchange Curb Exchange the books closed. Transactions New York Stock Exchange Transactions sale of additional the to and detachable diesel and foreign patents Stock have many equipment, gasoline equipment and oil field mining and tools, highway machine engines, farm for sales dividend totaled $6,021,217 and net income, 1949 amounted requirements, to $586,270, EFFECT TO cents 80 or Authorized cumulative $5 Common ized stock pfd. stock of •As ($100 Exchange (Dow, Jones) per by appropriate corporate the of company increased was shares of stock common from respectively, . the of to purchased be and company underwriters the the and com¬ Rates Combined Condition From Lerchen Ellis Blunt William Banks Reserve 45 Staats & of 1950 Reserve System. 45 Net Co & George A. McDowell & Co 171, American Airlines, Inc. 8,985 Profit corporation covering income income taxes.— 4,606,544 taxes offered The 8,985 shares tEarnings 8,985 named G. cf the as engage generally acquisition of specific properties. New York, sole proprietor of the underwriter, two or if President. of will be any, to be studies 3,625,909 2,180.000 Application of the remainder of the determined after completion of the surveys undertaken by the company. Allied Chemical & Dye Corp.—To per giving effect to the 6,452,835 6,452,835 $0.27 carry-forward will vote Split Stock— H. Haxelwood, inventory the sold pected the V. Secretary, certain and company's be to up of the 1948 $0.44 tAfter loss. in¬ stockholders on July 31 will stockholders The of shares number common of issuance stock and years of 1936.—V. to also which 1666. Calif. — Stock June income taxes 16,'50 June 17,'49 $3,163,612 132,945 184,833 provision 70,807 class A 53,316 $79,629 stook_. common 8,465 stock-- common 62~709 62,754 686. The proceeds go to two selling stockholders. company plans to now that dissolution CHANGES IN Co.—Proposed Dissolution— commenting the on recent sale until meeting the and will be called distribution to vote its of (no The par) 16 June stock on super Sales for 20 outstanding were (par $1) in Ohio ended Feb. year DISTRIBUTION—As issued and outstanding redeemed at $105 were 3,500 reclassified and markets all the $447,889. was CAPITALIZATION—STOCK authorized and on common shares of into 175,000 per stock common shares 175,000 shares of class B of 5% of class common stock common stock the basis of dividend (par $100) to 50 shares each of class A and class stock B share held; and on June 20 there were issued as a 3,500 shares of new 5% cumulative preferred stock the class A and class B stockholders.—V. 170, of on operates August. 1950, all of the 1,155 shares of preferred stock (par $100) 9, share. A reported that there remains to be machinery. Operations are ex¬ about Sept. 1, after which time it is company in and net profit cumulative 1290. p. Brewing Corp. of America—Earnings— other and stockholders' a the of in and owns another open Quarter Ended June 30— Net assets.— loss 171, p. 3685. taxes after •Before giving and effect 1950 charges to 1949 $216,902 carry-back tax credit.—V. 170, *$461,041 Buffalo Forge Co. Americas Enka Corp.—Earnings— p. 102. Period End. 24 Weeks Ended June 18— 1950 Sales Net vote have on on a proposal been held in to the retire 187.189 treasury for a eliminate from the charter the provision for been outstanding since 172, p. 193. after income —V. taxes sales 2.947,770 372,550 $7 91 American for income income taxes taxes 1950 1349 $20,281,630 $21,076,872 5,083,752 5,459.330 1,955,200 2,110,563 •After Net exchanging definitive 33/s% & Trust sinking temporary debentuies.—V. 172, p. Co., fund New $1,157,357 324,788 324,736 $1.45 $1.75 $2.46 York, debentures N. Y., due is 1974 and $3.56 Federal and Canadian income taxes.—V. per common 1950 taxes income the per share 1. 1,517,034 $5.31 $3.3*1.8,817 1,393.577 $5.63 Manufacturing Corp.—Registers With SEC— corporation SEC covering stock ($3 par) Home Appliances, Avco at The eve.*, 1949 $356,441 $3.40 $3.11 171, p. 650. — _ St. Louis Listed and Unlisted Securities for are basis total offered in exchange for statement of common its stock ' common the shares (16%) of the Bendix stock; and outstanding shares owned by others outstanding for 13,300 shares of Bendix com¬ of which exchange is number /sc. Established of Bendix additional share, Edward D. Jones & Co. with 360 North 167,500 options per of July 14 filed a registration unspecified number of shares Inc. owns $8.50 the be to 891,290 are there Also, mon now on an of Avco 3,512 to be are presently exercisable. supplied by amendment. How- shares offered for exchange 171, $936,404 share now -J 105. charges j Arkansas Power & Light Co.—Definitive DebenturesBank per profit after Federal Earnings —V. Hanover $300,062 324,786 6 Months Ended May 31— 1950—3 Mos.—19-49 2605. Central 1950—6 Ivfos.—1949 $5G9.132 324,786 outstdg. share 1666. :+ Hie 1950—3 Mos.—1949 $469,988 shares (F.) Burkart Manufacturing Co.—Earnings— Stores Co.—June Sales Increased 5.5%— $34,346,312 $32,552,908 $109,437,065 $104,335,893 171, p. there $3,128,552 profit paid Dividends 171, p. Earnings p. 1950—Month—1949 May 31— profit Capital 372.550 $7.70 outstanding share per 171, p. 1041. Ave© .» before Earnings •Net 2,869,631 .. shares Capital Earnings This, Alpha Portland Cement Co.—Earnings— Provision 1949 $19,328,068 $19,136,196 (& Subs.)—Earnings- preferred stock, none of which has 12 Months Ended June 30— —V. 171, p. $114,026 (par $1) 2605. p. the on Net above.—V. Corp. 25, 1950, were $21,412,209, machinery, plant continued contemplated —V. the proposal to split Profit tax for each American Coach & Body S. Period End. June 30— company's outstanding common stock on a 4-for-l basis and creasing the authorized common stock to 10,000,000 shares. jCet and *90,000 $3,535,909 outstanding common share,. Sales The $0.41 appropria¬ reserve Optical Co., Minneapolis, Minn.—Files Federal on p. semi-proven leases. or proven of the stock sale will be held as general funds of a substantial portion of which may be used in the three years in farm-out drilling or for the acquisition proceeds proceeds, and "to prospecting Wylie company, first 1950, later immediate for Net 6, for, acquiring and developing oil and with particular reference to Alberta, Canada, and date, in Saskatchewan and British Columbia. does not now own any property nor has it any present at ta Thomas the of April on in/entory gas. reserves company plans organized was business the natural is registration statement with the stock (par 50 cents) to be common share through Thomas G. Wylie Co., New York. the general funds of the corporation. per company possibly, The of proceeds are to be added to The in $2.50 at shares 786,120 $2,821,101 170, The $2,426,544 income Common (Del.) N. Y. City—Registers Exchange Commission— July 18 filed^a on 1,000,000 to elimi.-aie Ended— on 1949 Alberta-Canada Oils, Inc. The * 1949 $326,220 786,120 Carpets Corp., San Francisco, income share. 1950 $51,765,346 $49,751,930 — preferred dividend requirements.—V. 171, SEC company."— $195,519 income June Net •After With Securities and the of $0.25 (N. P.) Dividends (& Subs.)—Earnings— revenues before Federal 2605. p. subsidiary a Big Bear Stores Co. (Ohio)—Stock Offered—The Ohic 8,985 1,015 1,015 and Moreland- Mosle Rotan, —V. ex¬ Company on July 7 publicly offered to residents of Ohic only 17,500 shares of class A common stock at $8 per Operating 8,985 1,015 Sherrerd & Doolittle the of investment and not of the exchange, 1950 company Manufacturing Dividends 3 - Six Months Ended June 30— 13,476 13,476 1,015 Baker, Simonds <fc Co Butcher for number 17,968 1,524 1,524 Co & Boyce become may result a as consummation 1798. p. before Federal Capital Flotations for June and First Half 17,968 2,032 Co.___ 1,015 Miller Bros. 2,032 company the company Upon sales Profit Statement of Member Banks of Federal author¬ 733,545 to the From Sell. Stkhldrs. 37,742 shs. Company 4,268 shs. Co & Simmons & R. Hayden, Stein Avco Weeks 24 Net follows: Watling, the by B/G Foods, IflC (& Subs.)—Earnings— 45 Statement of Federal by each of them, stockholders are as selling acquired stock of Bendix common without under¬ writing, at $137.50 per share. The proceeds have been added to working capital and will be used in part to repay notes.—V. 172, p. 106. 44 Condition the the of with the SEC) have been subscribed for, Redemption Calls and Sinking Fund Notices.45 Dividends Declared and Payable 45 shares. names where cases tender Sold—We have been informed that all of the 1,000 shares of capital stock (filed July 27 by letter of notification The Course of Bank Clearings ma¬ 750,000 shs. from those the share 170, —V. stock in securing The company on July H filed a letter of nooi-ication with the SEC covering $150,000 of 4% debentures, series D, due 1965, the proceeds to be used for working capital. No underwriting involved. 52 1,699 shs. action, in "Any shares of distribution. Appliance per Benson 33 State and City Bond Offerings and Outstanding •750,000 shs. 1950 9, UNDERWRITERS—The cf Curb York Miscellaneous Features FINANCING 1,699 shs. par)__ par) ($1 June common 750,000 New See General Corporation & Investment News-Cover after preferred PRESENT instrumental Bendix Home Appliances, Inc.—Exchange Offer to Be Made to Stockholders— 40 Markets Foreign Exchange GIVING CAPITALIZATION been 2194. p. Berven share. mon an for each share of selected dealers, including National Quotation Industrial Stock Averages_33 fittings a.ia self-sealing couplings. These equipment on both military and commercial diversified industrial uses including applica? refrigeration units, to Home 171, re¬ chinery. Net 39 Exchange.. and Bond Averages reusuable approved are and in States of 43 fittings and self-sealing couplings, this corporation is be the largest manufacturer of flexible hose lines with to products tions United many view tion.—V. 38 a hose believed aircraft of value the as amount) accepted by it for exchange to & Co. and Lehman Drotners, have •Adjusted by the 42 used BUSINESS—Holder thereof, Bayuk Cigars, Inc. (& Wholly-Owned Subs.)—Earns.— 37 Over-the-Counter by the ccmpany to finance, in part, construction of production and storage facilities at the main plant in Jackson, Mich. lating Stock Exchange Toronto Stock Exchange—Curb Section stock common price of exchange. lieu to equal 6 Months Ended June 30— 34 the shares for In market Net 34 from amount an closing unspecified Earnings Montreal be issued. be profit after taxes and charges Capital shares outstanding Montreal Toronto (of 37 Exchange (par $1) was made on July 18 at $4 per share by an un¬ derwriting group headed by Watling, Lerchen & Co. Of the shares being offered, 16,455 are being issued by the company and the remainder is being sold by certain stockholders. The offering has been oversubscribed and PURPOSE—Proceeds outstanding tendered were not in the 37 Stock San Francisco will made upon the of Avco 34 fered—Public offering of 162,010 shares of common stock Stock fee a Appliances, a Los Angeles Stock Exchange t$1.53 November, be change offer will be acquired by with Midwest Stock Exchange $4.24 in Jackson, Mich.—Common Corp., Home 29 stock split on 2-for-i a Stock 25 Exchange currently outstanding 2,000,000 t$C.31 tBased to will based According to the prospctus, V. 1,000,000 giving effect p. 105. cash all will stock stock. Bendix 3,155,689 2,000,000 charges and taxes. 172, Boston (Bonds) Exchange 13 34 8,485,184 1,000,000 after Curb (Stocks) Bendix 34 1,619,472 2,000,000 $2.16 than Avco Deetjen dealers Cincinnati Stock Exchange Detroit Stock Exchange 4,326,735 'outstdg. shs. Earnings $53,110,405 Stock New York 1950—6 Mos.—1949 $29,597,308 $103,295,848 State Exchange New York (& Subs.)—Earnings— $57,004,439 that others of pay stock Emanuel, the Page New York Period. End. June 30— event by in will Bendix Stock and Bond Quotations $1.20 outstanding shares.—V. 171, p. 2605. Sales the shares fractions such Avco 1,986,648 on in owned . unspecified date. $2,398,528 $1.66 present/ rate. . . payment a 1,430,066 $0.85 basis on insufficient Fractional 3,868,594 681,352 $1,693,889 share per fTaxcs 1,793,032 1,038,191 MISCELLANEOUS - Bendix 1950—6 Mos.—1949 $14,078,176 $32,559,696 $28,650,652 2,732,080 income tFederal INSURANCE - be 1950—3 Mos.—1949 sales Operating INDUSTRIAL - Co.—Earnings— Period End. June 30— Copy a Corporation and Investment News PUBLIC UTILITY - Price 75 Cents York, N. Y., Monday, July 24, 1950 "would 4th 1871 St., St. Louis 2, Missouri Members New York Stock Midwest Stock Exchange Phone Exchange CEntral 7600 Chicago Board of Trade Bell Teletype SL 593 New York Curb Exchange (Associate) 2 The Commercial and Financial Chronicle (282) Collins & Aikman Corp. Ohio Ry.—Partial Redemption Clinchfield & Carolina. Y.—V. N. 171, called has company 353. p. Net profit Earnings of since the 1650—6 Mos.—1949 S27.2lo.152 320,639,242 $155,431,663 3126,004,717 103Or~Monlh—1949 'Net shs. tEarns. 'After outstg. slV com. per and Federal 2006. charges deads.—V. .171, p. 15,o23.434 tAfter from 1950—3 Mos.—1943 <est.)_ 2,001 139,010 share.- $217,352 £0.33 interest expense Federal tax inc. $994,107 133,355 135.652 6,613 16,592 289,110 324,310 $455,347 $517,553 $0.69 $95,530 $0.14 Depreciation at $0.79 The profit Earns, —V. per 170, com. The Service Co.—Stock retire of 3% 14 July on $45,000,000 operation 171, of Awarded— July at Net Inc.—Hearing 3'A% of debentures for and 19 >4 due the with tEarnirtgs Cumberland and Home this of their natural to Pennsylvania Virginia, West fered for Blyth & sale by Inc., Co., The are Light Manufacturers Co., Gas V. of Natural Gas & No reoffering of shares these West 194. The corporation July on 172, p. 194. series covering 25,000 shares of share), without capital. underwriting. Net after profit Common Earnings per —V. p. 171, income State and Federal shares tax outstanding— 462,665 This nounced ,81.62 The 750. the 1949 1950—Month 1950—6 Mos.—1949 U. income S. Net per Walter has 1,492,000 9,003,000 2,964,000 20.520,000 21.450,000 2,084,000 13,321.000 15,605.000 $0,51 $0.26 $1.66 $1.95 sh.—_ Tuohy, President, expenditures but will the Of Car for announced additions July 13 totaling in on will be Co., Bethlehem be built by November.—V. said, will 2,000 Huntington, at Steel W. boar/d the of $20,- box cars. on leasing any built be Va., by the American 1,000 will be built Bank of and The three builders will start delivery of the p. 2607. & Co. awarded (Inc.), Gross Capital shares Earnings on a 99.3045.—V. 172, —V. teiest •After per Federal mately of its 42.6 about Power miles 127.3 of $0.53 has pipeline gas filed 17 gate to are of number expire, it is be Bankers Collins which shares it by and shares the Investment this (2) 15, of to owned tender abandonment The statement its $5 Co. on into p. a Cochran June new 2 of an in City of rates Stores, preferred exchange exemption for order Oppenheim, Bankers.—V. this of Foil company 172, Commercial the known and tne and Inc., owns and Cochran Financial of of Foil Chronicle . $35.00 account of to not Insurance Co. yet privilege dated of holders accepted the offer Aug. 3, 1950, the to present 194. p. make payment Delhi to within proceed holdings.—V. City by the SEC per the ■ year; in 35 days with 171, to develop¬ 452. p. .its who'.lv also at the Co., (Reg. U. S. Patent , be See in the raLe oi Office) exchange JUNE 30, 1950 stock Outstanding 500,000 shs. _____ shares and now, of general *450,900 shs. dividend were authorized has outstanding been for commodities and earri ngs share has company payable Sept. per opcrat ng adopted June 20 the only time, some operating this to pr.or from coast the policy of paying divi¬ permitting, of at least 80 conditions and year, 15, has declared 1950, and Dec. 15, dividends operating OF 172, 20 cents per EARNINGS Calendar Years 1949 $5,458,609 revenue of 1950. STATEMENT income —V. Subs.)—Earnings— 1948 1947 $11,711,592 $10,013,374 730,913 563,818 522,288 $6,944,u96 454,883 194. p. Fabrics, Inc. Pursuant 1950—6 Mos.—1949 $2,637,962 $7,685,833 Reclassification of Stock—Ex¬ — 1,526,630 1,002,435 2,920,664 $4,765,229 $1.56 $4.61 certificate reclassifying $3,609,840 $2.41 outstanding into 2,212,527 $1,635,527 $3.45 sh._ Can Co., Inc. Steel Corp. 1950—3 Mos.—1949 $210,719 $1,933,701 $0.42 $3.86 $2.83 record Aug. $20 have 8 for 15 share per not the been basis the of shares right of share one Cowles, who $15,000 in cash additional an future. in share, which offered of payment additional cash to to this be be to few used capital the as Edwin months and company may of oi the p. Standard Oil and preferred for p. William B. receipt Dana of a refund Company, from stock B. end and of of incorporation the company whatsoever purpose are per year. remittance c/o D. B. Fuller & Co.. shares Inc. of of Bank for Countries, foreign $42.00 subscriptions suncr a cments so deemed of of the called for the of the redemption com¬ agent. redemption, 172, p. 107. company.—V. 1,500 of shares one of voting n^erred without underwriting. 107. common five and stock (par preferred The proceeds are $1) stock be to used Net York news Edwards 8, and & in —V. for per 1949 1943 $2,202,033 $1,509,555 358 023 100 325 129 500 136.000 2o.000 $222,023 $72,325 453.453 453.453 453.453 £0.46 income $0.43 SO.16 taxes outstanding be advertising Smith. United made .___ share 1801. REctor Y., 2-9570. issue) Copyright States, in New York in unit, 195C (Continued N. per 340 254 taxes Federal shares 170, p. offered $2,159,654 income profit Caoital be $105 $210,754 before Earnings to at for working capital. America—Earnings— May 31— ,____ Profit must stock City, of preferred stock, having been transferable on the books of the U. Herbert with 1950 by a funds. D. on page Seibert, statistical William S., Possessions, oe: and Inc amended, as riehfs surrender uoon preferred Jersey shares Rales Subscriptions Other the Inc. Co'., longer no and Co., & company corporation on July 10 filed a letter of notification with the covering 300 shares of 6% cumulative preferred stock (par $100) Unit", indebtedness New the share The the ....... - & Fuller of re¬ shares solely to the right to receive distribution, 1950, of shares of second preferred stock and 26, of stock any representing such The First National at 6 Months Ended Publishers^ 25 Pa'k Place, Fuller B. D. stock for a limited are July certificate Elastic Stop Nut Corp. of 172, D. of of Dryomatic Corp., Alexandria, Va.—Files With SEC— in 104. Co. (New Jersey) bekiW.—V of stcck preferred 6/100ths The company, $15,000, bove value 37Vxc par loaned require the of mcieJ^ecin;. s after payment working capital.—V. 172, to stock of after not SEC acnept of 7, stock stockholders on Aug. l will vote on a proposal to snlit up the present outstanding no par value capital stock on a 3-for-l basis.— V. 170, p. 2023. prepared are capital Draper Corp.—To Split Up Stock— each necessary Cowles have stock, ma¬ a July amended to advr-need, remaining proceeds added past working for $5,000 will for company the stock common certificates . Mrs., Cowles. have $5,000 the of during preferred of share provisions of the thereof common capital for share distribute will company each outstanding or are given additional 2.644 on subscribed so indebtedness the per July cumulative preferred second a for the shares be pany he.d was redeemed. Under $1,419,284 $1.74 the cumulative be on $870,719 on 6/10Cths of holders sh._ outstanding than more company shares of subsequently called said 6% preferred stock July 26, 1950, and upon the surrender of such exchange to taxes__ 1,200,000 of meeting a company 6% to 1950—12 Mos.—1949 the redemption and (& Subs.)—Earnings— holders stock, given at incorporation of the 1,200,000 shares of 6% demption Plans to Sell Part of Its — the of capital of share. The Detinning Co. Common Stock—See below.—V. 171, p. 3. before authorization of for at the the by $5,822,367 $2,490,797 of to jority Treasury Department of Federal income taxes resulting from a claim filed in connection with the 1948 tax return, the company on July 15 made an additional distribution to common stockholders of record Oct. 15, 1^48, of 9 1/10 cents per share. The final liquidating unti itouUon had been made on Nov. 15, 1948—V. 168, p. 1479. 171 $38.00 carrier common 1950, ... Canada. a OF Crescent Public Service Co.— Additional Distribution— „.v oi AS common a shares—4,000 per Net Creole Petroleum Corp.—Exchange Offe r— companies V Colo.— $2.46 1950—3 Mos.—1949 taxes— or B. and the Any Foil See Denver, Inc., are stock (par $1) at $10 group of selling stock¬ 5 Mos. End. held. off near $20 will sub¬ Inc Inc., Christensen, common May 31,'50 4,544,576 $2.05 — $4,017,427 the shares of Following owned three to COMPARATIVE $11,290,955 4,999,033 outstanding share taxes $5i company Mr. common, Midwest of these Co., Writer & coast. dends, 751. on advance the Approved— Dominion flueinations 446,000 cents Fed¬ common (par pay to stocks under effect DIVIDENDS—The 1666. p. Catherine Oppenheim Stores Trucking BUSINESS—Company is Cross $14 223 963 $1,044,166 ,gener£1j On Paso $1)—•__ (par ving g Dorset com. shares Any to will exchange common stock Fiovision and consolidation as stock stockholders stock three aggre¬ and of Chicago 3.369,192 < NOTE; El Offered—Peters, 14,660.147 3,369,190 - Union, after 1950, distribution. to of Vulcan per subscribe . Collins ~ American obligates of motor 9. p. corporation Distributors, 17 563.153 company 171, The 2301. The cash company Authorized (The) Cowles Co., Cayuga, N. Y.—Rights— common for approved 14, Aug. present on 172, share, the proceeds going to The the with par exchange, The Foil Co., Inc.—Consolidation stockholders sidiary, have business other $21,579,704 $18,519,033 280,790 profit after —V. ■ Cochran the provisions by FPC to El Pa3o Natural Gas to build the San condition that it be in operat on not later than effective Delhi's contract with E. 1 aso and, o i share 1.324 956 income 171, Net 106. p. of for 1950. of Simon prospectus, by stated, Common ,780,270 280,789 Feriod End. June 30— shares are who of enable the has outstanding 190,963 shares of common stock, of which 101,653 shares (50 84%) are held by City Stores and 64,750 <32.38% ) by Bankers; and Franklin Simon has outstanding 44,622 preferred shares, of which 4,875 (10 92% ) are owned by Tankers, and 219,130 shares of common, of which 175,549 shares (30.11% ) are owned by City Stores and 4,600 (2.09) Life the in- Continental Act. the bonds offer.—V. CAPITALIZATION ,298,642 approxi¬ the parent j 5,452,013 (9,71 i,2u4 profit— p. to company the irrespective tendered Sept. Franklin issuance to stock Corp., Company According effective 1,055,053 1,549,451 income latter amendment. and proposes to of around Securities common subject will "become expected, supplied the will 300,000 stock before Holding par. offer later. about or affect not and of specified stocks of the following subsidiaries of City Stores: Oppenheim, Collins & Co., Inc. com¬ mon stock, $10 par, and Franklin Simon & Co., Inc., 4V2% cumula¬ tive convertible preferred stock, $50 par, common stock, Si exchange on Dome in construction registration a covering an unspecified number of stock to be offered in exchange for the POO 019 $1,653,988 Continental 300. p. permitted the SEC The be which 194. per $0.72 170, line, all in Kansas.—V, 172, July on w.ill offering 10 000 shares of 850,000 $0.46 (1 > 25.000 1,330,604 common p. —V. $665,953 850,000 proposing 25.000 $1,883,275 common earns, Earns, company receive may the Baiker per 8,,<51,000 taxes— per Earnings City Stores Co.—Registers With SEC— The exchange holders. 50 ,024,527 iJ,ul/,5JJ $1,268,662 of Net 18,'40 June $439,643 requirements.—V. natural miles of A mortgage bonds The $2,750,000 per taxes Commission 55,990,073 Period End. June 30— Subs.)—Earnings— share— application construction announced he its $103 656 444 $89 .673.473 77u,417 { taxes.j pfd. on 172, Net Cities Service Gas Co.—Withdraws Application— The 1, series change Offer—Redemption— 256.731 June 17,'50 Federal and preferred dividend withdraw bonds, makes 1950, 3,862,612 $136,734 $0.49 outstanding.. common of of Metropolitan close of stack $7,367,069 Container Corp. of America (& 250,731 12 Weeks Ended— 'Earnings trust RR. Nov. Pennsyl¬ new in accordance with with the Line Denver - 1949 $126,712 chgs. offer of Stock 922,500 Balance eral after W. will of ac¬ after and Dividend —V. Earnings— 1950 taxes shares & issuable date mortgage 1952, was Corp.— 4,603,718 income Federal profits holders Delhi 1950—12 Mos.--1949 1950—Month—1949 adjuftmcs. taxes income Net 171, p. 3. Common Drive-in Theatre $3,765,098 Income Gross Shares Cincinnati Milling Machine Co. (& Net 1, it 10 decree.- plant quisition General "Federal 106. p. outstanding share per L. exchange E.,sex due the authorization Pipe Jan. Co.—Earnings- expensesfor of Amort, July 18 to the First National bid of 99.47 for a 2%% coupon. Chicago Yellow Cab Co., Inc. (& Subs.) after of & B, stockholders of the company at the special 1, 1950, and after delivery of, .and payment for, Division first mortgage bonds, series A, pursuant to date be revenue Provision on Quarter Ended March 31— profit July on Period End. June 30— Earnings Net D. and collateral ment Springfield Consumers Power cars Five other bids were received for the issue, all as 2'As. They were: Halsey, Stuart & Co. Inc., 99.6064; First National Bank of New York, 99.46; Harriman Ripley & Co., Inc. and New York Hanseatic Corp.' (Jointly), 99.4199; Salomon Bros. & Hutzler, 99.3527; and Hams, Hall this by until up 'After 171/ Chicago and offer Morris series Delhi Oil Corp.—Outlet for Barker Dome— Co., of was so Juan 1562. p. the the and 1350. construction The the used to reimburse George W. Fuller, Kansas City, Mo., for expenses in completing the Sunset Drive-In Theatre, SpringHeld, Mo, will proceeds $2,352,000 equipment trust certificates, series H, to be dated Aug. 1, 1950 and to mature in 24 equal semi-annual instalments from Feb. 1, 1951 to Aug. 1, 1962, that 25, ex¬ filed a letter of notification with the SEC covering $100,000 of debentures and 1,000 shares of common stock (par $1) to be offered in units of $100 of debentures and one share of common stock at $101 per unit, without underwriting. The corporation Operating issue 171, cash A Sterlington present With Securities and Exchange Commission— The Chicago, Rock Island & Pacific RR.—Certificates Sold —The the the exchange, action termination Solvents, was purchased lor $o,oou,odu in xatu. anhydrous ammonia production is being used to the soil, principally in Louisiana and Commonwealth Files at Johnstown, Pa. The 1,000 box cars the, Pullman-Standard Car Manufacturing Co., at Michigan City, Ind. in he cars, Foundry the by that excess 1,000 50-ton acquired purchased through equipment trusts. hopper & of effective series 8,550.000 4,947,000 1,502,000 000.000 for 3,000 70-ton coal hopper cars and The new cars, Mr. Tuohy said, will not be plan, for d.v.usnd require¬ pieferred holders of to for which accepted Pennsylvania do amount of the direct application large Mississippi.—V. taxes— approved site the on it bonds payable and of letter-agreement of 10,834,000 income- com. J. 155,194,000 10,362,000 A 4,014,000 railway Earns, 144,447,000 1,429,000 _ ry. oper. income Net 25,751,000 2,660.000 $ in¬ taxes Other $ 27,483,000 . Canadian and come located be Commercial by war $ Gross will unit new declared bonds, The above declaration will will construct a $1,000,COO addition to its ammoniq La., to produce nitrogen solutions, it was an¬ 19 by J. Albert Woods, President. July on 18 go d after the plant which makes anhydrous ammonia from natural ga.,. It hi pected to be in operation the first part of next year. The Sterlington plant, constructed for the government during Chesapeake & Ohio Ry.—Earnings Period End, June 30— have offer necessary Sterlinglon, at vAfter meeting to be he.d Aug. corporation plant 462,865 $3.04 share.—.——:--.—— common and on contemplates letter a common Commercial Solvents Corp.—To Build New Plant— 1949 r $749,043 $3.12 ______ -sales, reiunaing mortgage bonds new the of July on May 1950 $1,403,313 . 1 .,<,4u.Ua'i $6.35 B. date shall and Wash.— working 18— 5,620,697 14,2tiu,4«J share exchange such Division The Chesapeake Corp. of Virginia—Earnings— 24 Weeks Ended June 5,703,695 1950, made by mortgage to and of notification with the stock to be offered at par ($1 The proceeds will be added to filed 8 SEC 26, vania Co., Virginia of Co. 172, p. May 1655, Commission— Files With Securities and Exchange planned at present.— is 1/39.264 1 536.343 ___ paid— $7,246,' 01 in log 170, p. 1392. construction and Heat Columbia Gypsum Products, Inc., Bremerton, this company, recently of¬ were awarded on July 12 to per share. This was the only of common per submitted.* bid stock Middle West Corp., on its bid of $12'/8 shares 12,232 $21,173,080 outstanding—— company dated who South West Corp.—Stock Awarded— Central & The paid 11 404,000 $13,956,373 Effective— This application joint a make additions to Ohio, filed Co., all of Pittsburgh, Pa.—V. Gas 33.383,030 1-50 s estimated net cost of all the projects is $1,664,570. Al.egheny & have corporation in subsidiaries four The 30,525,373 ______ 11,369.090 common per 'Includes 1949 19j0 faxes dividends ments.—V. 3. p. Income— .'$172,325,788 $168,567,737 __ shares 171, Delaware, Lackawanna & Western RR.—Exchange Of¬ systems Total York. New 5 President, Jr., (& Subs.)—Earnings— operating income dividends tommon fer asking authorization FPC transmission gas t veh: ,'s dual-purpose a Ccosley, provision $33,000,000 Coiumoia of tax Common persons and 1973 continuance with Powel use, April 30— iucom» Preferred Financing— on interested giving order an diversification, product field road will carry a list price of $795.—V. of.ler ana before Income with compared 1950 1, sales Front program. subsidiaries Four stock, common It Fiscal Year Ended 2398. p. issued due debentures construction recently offered for sale by Middle West Corp., were awarded on July 12 to A. C. A lyn & Co., Inc., on its bid of $14.1251 per share. No public reoffering of the shares is planned. One other bid, of $13.75 per share, was made by Biyth & Co., Inc.—V, 172, p, 1S4. shares 6,116 Crosley said. Net Units to Expand— Illinois Public Central Sales Increased 3.47%— until July 24 to request a hearing upon the debenture financing proposal of this corporation, which proposes to issue and sell at competitive bidding $90,000,000 of debentures due 1975. The proceeds will be used 1535. p. in 1949.—V. 2, SEC to Net stores 369 were July Columbia Gas System, 1949 1950—6 Mos, $839,925 $230,841 6b,707 6,629 61,775 farm and on July 20. the "FarmOroad," the new vehicle which was put into produc¬ last month, will perform all the functions of a light tractor farm and deliver speeds up to to miles per hour on the road, the on 1950—5 Wks.—1949 1950—23 Wks.—1349 $16,368,000 $15,820,000 $85,633,000 $33,116,000 Sales.— ciivi- There $427,825 69,454 operation?- 171, of program the farm late Mr. (& Subs.)—Earnings— Co. Central Foundry Period End. June 30— equivalent of U. p. 2302. the subsidiary.—V. Period End. July 1— 377 Profit in invaded both Called tion for the first time of Canada Ltd. in S. dollars. ^Excluding earnings $84,770 Monday, July 24, 1950 . announced values of $199,206, income $571,093. Included of ColLins & Aikmon net the of Colonial Stores Inc.—July $2.29 preferred total are long-range a has for Crown Zellerbach Corp. 3,764.420 S4.01* taxes, income Canadian 3,659,o52 ,764.460 1,2/4.003 3,764.430 SC.33 2,878.173 3,764.480 $0.75 profit Common the amount of part corporation .intended insurance policies on there were proceeds from addition, deceased officer in excess of surrender a 1940 — As '$252,856 Nil t$371,837 $0.66 taxes income . Crosley Motors, Inc.—Enters Farm Vehicle Market- May 27,'50 XMay 23,'49 share tin life making Caterpillar Tractor Co.- -Earnings— £ales alter per 'Loss, the I Period End. June 30— (& Subs.)—Earnings— Three Months Ended— for redemption on Sept. 1. 1950 out of moneys in the sinking fund, $33,000 of first mortgage 4'<> bonds, series A, due Sept. 1, 1965. at 106'/. Payment will be made at chc office of the Louisville & Nashville RR- Co., 71 Broadway, New yor«c, This . B. 11) Editor end Publisher; Monday], Other issue on Dana Companv. Territories and. ' Members Reentered of Pan- Volume 172 Number 4927 . . . The Commercial and Financial Chronicle (283) The Capital 3 Flotations in the United States During the Month of June And for the Six Months of the Calendai Yeai 1950 Corporate 842 in emissions for June footed up $873,297,815, bonds, dated May 1, 1950, due $2,400,000 annually on May 1 from 1951 to 1975 inclusive; $49,884,900 American Cyanarr.-id Co., 3¥>% cumulative convertible preferred stock, series B, par $100; $40,000,000 Northern Natural Gas Co. 20-year 2%% debentures, dated May 1, 1950 and due 1953-1970 inclusive; and the $40,000,0uU Sunray Oil Corp. 2%% promissory notes, due July 1, 1970. Corporate issues placed privately with insurance com¬ panies and others in June comprised 38 in number for with $672,117,936 in May last, and $1,246,777,- compared The latter figure represented the largest monthly total since December, 1947, when $1,015,705,814 was recorded. The remarkable showing for June June, a ago. year last year was achieved despite the prevailing dull market mr new issues. The large total for that month was attributed in no small part to the $385,325,000 Ameri¬ can Teiepnone & Telegrapn Co. 3%% convertible deben¬ ture issue which was offered for subscription by stock¬ o- holders. total. This issue alone accounted for Another over 31% of the monthly emissions for June of this No. of Tctal Amount % of Total $143,175,740 1,103,908,000 99.705 Jun "1.169 Jun 91 days 1,603,724,000 1,102,296,000 99.702 "1.179 "1.177 2 Jun 9 Jun 1,611,725,000 1,002,565,000 99.703 Jun 16 Jun 91 days 1,824,473,000 1,002,827,000 99.703 + •1.1.4 Jun 23 Jun 91 days 1,703,736,000 1,003,453,060 99.704 May 22 Jun 13 mos. 37,132,524 21.96 40 230,734,000 4,817,451,000 100 10-12 yrs. 12 yrs. 397,576,690 397,576,690 a 4,030,000 4,030,000 100 2 Jun 1-30 Jun 2 yrs. 484,081,200 484,081,200 100 b Total for June six 51,993,999,849 ♦Average rate b 43.15 C-1947, 137,615,000 31.60 Sale of these 31.95 38 221,025,037 25.31 to financing for the first six months of is set forth below: • -. January 1 , ' $1,391,615 maturity of 3 6,286,228 March __1_ 362,905,565 Total 175.809,612 14,116,294 317,907,648 334,267,106 1 6.114,910 303,791,354 May 365,819,081 169,694,702 April 2,913,516 19,649,105 Type of Total Amount Accepted BY $1,953,661,598 MONTHS USE $ $ Capital Jan AND $ OF which at purchased. FUNDS New Refunding Indebtedness * $ Treas. bills 904,785,000 900,178,000 4,607,000 day Treas. bills 905,112,000 900,776,000 19 91 4,336,000 day Treas. bills 26 91 day Treas. bills 1 Ctfs. U. S. Tax Total 2 91 9 Antic'n 91 Feb 23 Feb 1 91 902,376,000 902,846,000 900,603,000 5,371,726,000 bds. 70G,854,823 1,631,000 1,631,000 411.04G.500 10,106,377,323 Treas. 8,975,659,000 1,000,827,000 bills Treas. bills 1,001,836,000 2,524,000 Treas. bills 1,003. 214,000 1,000^530,000 2,684,000 bills 1,000 930,000 Treas. 1,918 018,000 1,918,018,000 581 028,070 Tax 1 229, 374,900 Capital $ Refunding $ 458,773,725 Total 373,524,374 $ Total - S. 1 Antic'n notes. 581,028,070 037,000 for 1,037,000 229,374,900 February 6,739,606,970 5,922,141,000 Treas, bills 1,000,248,000 1,000,248,000 376,114,374 Mar 2 91 Mar day 20,487,877 169,068,069 245,905,085 7,512,700 253,417,785 565,380,788 14,091,516 579,472,304 168,441,000 534,743,411 394,698,331 39,260,000 433,958,331 705,972,487 97,041,541 803,014,028 296,903,377 346,625,260 April 1,098,082,141 1,364,975,828 88,855,740 May..... 427,258,266 244,859,670 597,575,090 275,722,725 683,528,072 296,429,400 1,216,258,618 435,481,000 672,117,936 June 48,067,700 1,146,149,841 873,297.815 684,749,322 1,221,250 1,644,877,649 539,550,792 113,723,057 1,758,600,706 51,687,500 621,238,292 34,050,000 330,479,400 387.109,977 4,154,647 391,234,624 30,519,224 1,246,777,842 597,397,593 29,896,829 627,294,427 9 91 day Treas. bills 1,001,102,000 1,001,102,000 Mar 16 91 day Treas, bills 902,416,000 902,416,000 Mar 23 148,530,192 366,302,411 1,068,072,451 91 day Treas. bills 900,323,000 Mar 30 91 day bills 901,893,000 900,943,000 Mar 16-mo. notes 2,741,319,000 notes 1,860,166,000 2,741,319,000 1,860,166,000 1 Mar 15 Mar 2,196,216,090 1,980,896,751 609,438,135 1,371,453,616 65,790,474 2,262,006,564 1,554,058,367 5 906,341.512 2,439,531,067 3,294,298,231 3,345,872,579 113,858,174 3,408,156,405 3,198,936,016 Treas. Treas, yr. 900.323,000 950,000 1 P. S. Savings bds. Depositary bonds.. 524,479,344 2,367,000 2,367,000 Tax 361,658,300 361,058,303 Antic'n notes. 524,479,344 85,738,976 1,639,797,343 Total Six months.., Treas. 1 Mar Mar Second quarter— 817,465,970 $ 2,590,000 March First quarter. 818,000 1,000,930,000 notes Savings bds. Depositary bonds U. ■ ' 1,130,718,323 1,001, 645,000 1,004 ,360,000 20-mo. Treas. 1 2,243,000 706,854.823 411,046,500 notes. January day day day day 91 16 Feb 902,376,000 5,371,726,000 indebt Savings for Feb Feb. of Depositary bonds__ ( 1 Jan February ______ S day 91 —+1948 1,295,000 month. annum. and accrued interest par 91 Jan 1948 New Total Relunding 457,478,725 in sold 5 ^ Feb 1949 $ $ 661,164,348 ' 107,974,500 553,189,848 January New Total Refunding Capital 1950, are $ $50,471,668 $2,004,133,266 —t 1.949 -1950New day of the month . 353,916,211 "Figures revised. FINANCING interest accrues each approximately 1.40% per years interest Security Feb CORPORATE C earnings about 1.07%. Aug. 31, 1940. c Treasury note* Dated Feb OF Series on and 11, 1949 these notes Jan .1 a SUMMARY 1948 Jan 555,849,668 tabulation of figures since January, 1948, showing the different monthly amounts of cor¬ poration financing. Further revisions on the 1949 and 1950 figures may be necessary, particularly as additional private financing is brought to light. present we 1, Jan $234,831,046 549,563,440 June C-1950. bonds was discontinued Jan ,12 Total Refunding $233,439,431 ._ Comprised of three sepa¬ a Jan New •"•/•( ♦February 1975 inclusive; $60,000,000 Northwestern Bell Telephone Co. 2%% 24-year debentures, due June 1, 1984; $60,000,000 Pennsylvania Co. 2V2%-4y2% collateral trust serial basis, Effective Aug. from the first Total municipal Gas Co. 3% secured loan due annually from 1961 to discount C-1948, C-1949 and Municipal financing for June amounted to $353,916,211 compared with a total of $317,907,648 placed in May. 1, 1976; $65,000,000 Lone Star bank a rf .se,ries ^ keS&n Sept. If held "Revised. $110,000,000 Columbia Gas System, Inc., 3% debentures, series A, due June 1, 1975; $80,000,000 Pacific Gas & Electric Co. 2%% first and refunding mortgage on a 12-year maturity, are sold at 100. and bear .2y2% interest, Comprised of separate issues designated Treasury notes of tax serit-E 214,764,703 1950 months rate series, of which series E have 10-year maturity, are sold on a discount basis at 75, and yield 2.90%; series F have a 12-year maturity, are sold on a discount basis, at 74, and yleid 2.53% and series G 22 _ l'/4 a 10,918,187,890 for 41 _ "1.172 4,817,451,000 Jun 1-30 Jun April the Below 91 days Jun 1-30 Jun May ;June % 1,714,684,000 have 21.68 20 _ _ March 100,000 or 1.28%, oil $54,537,750 or 6.24%, investment trusts, die., $60,000,000 or 6.87%, and all other categories $25,793,190 or2.95%. v The principal issues (as to size) placed in June in¬ bonds, series T, due June Issues 28 February Yield 91 days of , ♦January Price $ Jun Total Corporate issues placed. privately in the first half by months follow: year Accepted May 26 year. 1950 $597,575,090 or 68.43% was for new money purposes and $275,722,725, or 31.57% for refunding. Thus the trend of financing held to the same pattern for the 47th con¬ secutive month showing new money greater than refund¬ ing operations with the exception of May, 1947. For tne month of June public utility issues accounted for $6^0,363,843 or 68.75% of the total, other industrial and manufacturing $121,503,032 or 13.91%, railroads $11,- cluded May of the current Amount Applied for Due aggregate 703 made up of 41 issues in factor Amount Dated $ total of $221,025,087. This represented 25.31% of the month's total and compared with $214,764,an contributing to the June, 1949 financing was the great number of private issues, in all aggregating $346,781,800 or. 27.8% of the total. Of the Date Offered for March 10,195,971,0)44 9,306,517,000 901 059,000 901,559,000 889,454,644 199,462,033 3,398,398,049 Apr 6 91 day Treas. bills July 428,687,883 17,864,226 446.552.109 508,794,501 16,774,735 525,569.236 Apr 13 91 day Treas. bills August.. 119,065,610 8,118,500 127.184.110 259,360,941 3,090.000 262,450.941 Apr 20 91 day Treas. bills 1,001 540,000 903,026,000 98,514,000 September- 128,441,553 43,097,486 171,539,039 461,630,369 26,631,500 488,261,869 Apr 27 91 day Treas. bills 1,000 032,000 902,846,000 97,186,000 Apr 1 Third quarter.. 1 69,080,212 745,275,258 1,229,785,811 46,496,235 1,276,282,046 182,938,386 4,153,431,663 676,195,046 4,428,721,827 245,958,268 4,674,680,095 3,970,493,277 ... 441,179,084 629,987.993 18,743,019 •504,013,576 15,600.000 519,613,576 105.249,790 419,942,887 695,623,105 4,071,860 1,170,136.175 1,829,624.674 38,414,879 1,868,039,553 887,097,000 3,503, 558,000 notes U. S. Savings bds._ 097,000 3,503,558,000 422 535,517 6 758,000 210 534,700 Depositary bonds 1 Tax Antic'n notes. 95,387,009 422,535,517 6,758,000 210,534,700 699,694,965 231,333,234 Treas. yr. 887 905,762,000 648.731,012 218.055.760 938,802,941 ' December. 532.137.528 35,125,000 314,693,097 —— _■ 90.958,444 182,920,760 October 5 1 Apr Apr November 15-mo. Tveas. notes Mar 15 Apr Nine months 1,001 ,149,000 Total May for 4 April 8,934,763,217 8,003,848,000 930,915,217 6,258,346,501 284,373,147 6,542,719,648 day Treas. bills 1,102,229,000 1,002,780,000 99,449,009 91 day Treas. day Treas. bills 1,102,803,000 1,004,410,000 98,393,000 91 bills 1,102,027,000 1,003,584,000 May 25 91 day bills 1,1C2,992,000 1,000,930,000 98,443,000 102,062,000 May 414,271,620 5,323,567,838 4,909,296,218 Twelve months. 91 May 11; May 18 Fourth quarter- U. S. Savings bds- 415,534,805 Depositary bonds.. 181,500 181,500 273,275,500 273,275,500 1 May t Revised May Date Treasury Financing in June Secretary of ---- Treasury Snyder announced on June 21 the offering, through the Federal Reserve Banks, of 1 ¥4% Treasury Notes of Series E-1951, open on an exchange basis, par for par, to holders of Treasury Cer¬ tificates of Indebtedness of Series F-1950, in the amount of $5 691,025 000, which will mature on Cash subscriptions will not be received. July 1, 1950. Secretary of the Treasury announced on May 31,, $4,817,451,000 subscriptions were received and al¬ lotted to the offering of Series D-1951 in exchange for Certificates of Indebtedness of Series E-1950 Treasury that matured June 1, 1950, in the amount of $5,018,788,0C0, the balance having been redeemed in cash. on The Secretary of the Treasury announced on May 12 that the bonds of two outstanding issues which may be redeemed at the option of the United States on Sept. 15, 1950, are called for redemption on that date. These issues are Due Accepted $ the 2 !£% Treasury Bonds of 1950-52, dated Sept. 15, Feb 2 91 days 1,685,534,000 1,001,645,000 99.717 + *1.118 3 Feb 9 91 1,637,001,000 1,004,360,000 99.717 + * 1.119 7 Feb 16 91 days 1,551,109.000 1,003.214,000 Feb 17 Feb 23 91 days 1.554.884,000 1.000,930,000 Jan 20 Feb 1 20 mos. 1.918,018,000 1,918,018,000 10-12 yrs. 581.028.070 581,028.070 a a 12 yrs. 1.037.000 1,037,000 100 2 Feb.1-28 Feb 1 1 Feb 1-28 Feb Feb Total Feb Mar for 24 1 229,374,900 February Mar 2 Mar 3 2 yrs. S 1.000 ,248,000 b 91 days 1.525 ,461,000 1.001 102.000 and UNITED STATES TREASURY FINANCING DURING Amount Dated Due 27 Jan 5 G Jan 12 Accepted Jan 13 Jan Jan 20 Dec 19 91 days 1,646,065,000 Price 19 91 days Jan 26 99.727 905,112,000 99.728 +-"1.076 1,683,106,000 902,376,000 99.722 91 days 1,614,132,000 902,846,000 99.721 + *1.103 Jan 1 1 year 5,371,726,000 Jan 1 10-12 yrs. 706,854,823 Jan l-"i J°n 12 years 1,631,000 Total Jan for 1 101,194,009 100,023,C09 bills 902,542,000 900,478,000 101,510,000 1,002,827,000 Savings bds._ 397,576,690 Depositary bonds.. Jun 1 *1.137 4,030,000 484,081,209 months.. for June 10,918,187,890 9,523,564,000 1,394,623,890 for six 51,993,999,849 45,743,433,000 6,250,566,849 99.712+ *1.139 ♦INTRA-GOVERNMENT 17 Mar 1 16 mos. 2,741 ,319,000 2,741 319,000 100 114 Feb 17 Mar 15 5 years 1,860 ,166,000 1,860 166,000 100 1 '/2 Certificates a Notes Mar 1-21 Mar Mar 1-21 Mar Total for 10-12 yrs. 524, 479.344 524, 479.344 a 2 ,367,000 2 367,000 100 2 years Retired 361 658,300 361 658,300 100 b Net Issued 5 $ January— 117,545,000 159,832,000 139,815,000 491,482,000 142,287.009 1351,667,009 257,360,000 651,314,000 t393,954,009 159,000,000 53,045,000 90,760,000 828,047,000 105,955,000 1737.287,000 249,760,000 881.092,000 1631,332,000 250,600,000 179,600,000 70,548,000 913,530,000 70,400,000 1842,982,000 320,548,000 1,093,130,000 1772,582,000 2 2 years Total for January. February- 10,195,971,644 Certificates Notes 91 days 6 FINANCING Issued *1.145 12 years ] March Apr 397,576,699 4,030,000 484,081,200 Total Feb Mar 1 102,349,009 notes. Antic'n Tax days 1.428,398.000 99.710 *1.148 1.001,149,000 99.707 *1.160 1,001,540.000 99.706+ *1.162 901,559,000 Total for February... March 21 Apr 27 Apr 1 15 mos. 887.097,000 887,097,000 100 l'/4 Mar 20 Mar 15 5 years 3,503,558,000 3,503,558,000 100 •1V2 10-12 yrs. 422,535,517 422,535,517 a a 12 yrs. 6.758,000 6,758,000 100 2 2 yrs. 210,534,700 210,534,700 100 b 91 days 1,549,288,000 1.000,032,000 99.705 + *1.166 Certificates Notes Total Apr 1-30 Apr 1 Apr 1-30 Apr 1 for March April— Certificates for 130,000,000 112,050,000 17,950,000 99,528,000 April 8,934,763,217 Total for 413,600,000 t314,072,000 229,528,000 April 525,650,000 t296,122,000 411,046,500 January • 5,371,726,000 100 706,854,823 a 1,631,000 100 411,046,500 100 (Continued Yie.d 904,785,000 Jan 1-31 Jan 1-31 1,001,102,000 1,002,565,000 Treas. 99.714 + *1.131 Total % 1,782,159,000 91 days 1 1,102,296,000 Amount Applied for 1950 $ Dec Jan bills bills 901,943,000 U. S. 1 Jun 103,860,009 Treas. 4,817,451,000 99.711 Mar 1-31 1,087,388,805 Treas. Notes Date Offered 1,000,048,000 1,003,453,000 901 893,000 Apr 1-30 Apr Depositary Bonds. 4,011,704,000 1.103,908,000 Total 93.713 Mar 20 Notes 5,099,092,805 bills Treas. 4,817,451,000 1.423 .742.000 Apr Anticipation Jun day day day day day Treas. bills 91 days 1,367,892.000 Tax May 415,584,805 13-mo. Treas. notes Mar 30 1,653,682.000 operations to the usual weekly sale of Treas¬ 91 1 Mar 24 91 days Savings Bonds, notes. 59.712+ *1.138 91 Bills, 91 29 902 ,416,000 13 ury 22 Jun 900 323,000 20 confined its Jun Jun 1,641 ,347,000 Apr 2% bonds. 91 91 1.477 ,857,000 Apr Treasury Department in June, outside of the above, 8 15 91 days 7 The Jun Jun 91 days 14 and $4,939,258,500 of the 91 Mar 16 Apr 2V2% 1 >/4 1 Mar 23 Apr the *1.132 Jun Mar 17 bonds of *1.131 99.714 100 for Mar 10 There $1,185,841,200 99.714 100 6,739.606.970 1,664 590,000 1950-52, dated April 15, 1943, due'Sept. 15, 1952. outstanding 229,374,900 91 days Mar 31 now % 27 Feb Antic'n Yield Peo 1938, due Sept. 15, 1952, and the 2% Treasury Bonds of are Price Jan days Tax Total Amount Applied for $ Feb 1-28 The that Amount Dated Offered the 1 Treas. *1.081 Apr 28 91 days 1,700,145,000 1,102,229,000 5 May 11 91 days 1,739,542.000 1,102,803.000 99.705+ May 12 May 18 91 days 1,782,603,000 1.102,027^000 99.705 +*1.165 May 19 May 25 91 days 1,538,046,000 1,102,992,000 99.705 + *1.167 10-12 yrs. 415,584,805 415,584.805 a a 12 years 181.500 181,500 100 2 years 273,275,500 273,275,500 100 b May 4 *1.101 page 114 May 1-31 May a May 1-31 May May 1-31 May 1 l Total for H?7 ..... 5.099;C9°.2:j 6) '*1.166 In the lowing ures comprehensive tables pages with we those a on the fol¬ compare the June fig¬ for corresponding period in the four affording 10,106,377,33 on 2 May 99.705+ *1.166 the years preceding, thus five-year comparison. s s O Q o Q 3 R 3. o a. R- o 5* 5r 4* 3 C o -J e-i SO al s Tot 50 .0 0 65,21 35 49,725.0 124.56,12 839,1247 38.412,0 126,4 .125 135,871.0 19.50 u0 350.61,43 40,58 0 16,203 Refundi g 26.359,7 47T04.56 17.63 50 19.50 0 $ -1946 Capit l $ Total Capitl s New 314,5986 9,1450 8,1352 10 .60 $ 604,28.0 109.6JS0 2,968305 73,105 38.0 0 53,680. 216,8204 443017,,8350176 Total 1,0456729 213,80732 38.0 ,0 38.45 0 2,473,61 29,73598 Reiundmg 165,42760 437 9.27 S 50 .0 0 3.40, 15,30 61,40. 0 10. 0 4.80.0 1.872,0 46.20, 0 $ 7.340. C0 30.5 0 5o0, 0Q 30.273,625 4,8o76o 4,1397O New Total 10 .0O0 439,0 40 61,29.073 2,963.05 s 467.8 01 10S.T3~5 80 4_.095, 27 1 ,20 0 437,9621 10S:i35.8C0 42,09527 1,20 60 Capitl New Total $ 1. 52 ,80 -194 Refundi g 30.17 ,0 $ 3, 0 . 0 54.80,3 58.3*1,742 1,24678 1,6489075 1,2658 873,29 15 52, 0 35,9162 5,0 ,0 72,0 89721,9o0 79.513,-6 704,5 Refundi g 275.o6,725 S OCFOORRPEFIGANT, Capitl Total 23,7150 314,597 63 57,0 0 Capit l 428,90o275 8S.2Hl-oJ J,45oS65 597, 509 17,50 34,26710 5,0 ,0 7 New SUM ARY 30 ,0 85,67 0 31,682 0 1.50.0 41,97.50 165102,4S72,58963 17,925.0 s $ 30 ,0 85,67.0 302,87. 1 1,50.0 40.89 0 59,850 842,50 520,80 148, 0. 32,50. 0 20, 0 25,920, 0 1,54738 tFaohegdenfracly 1,2847306 frmauonicpnaltesy Capitl New Total GAONRNEUPFWDI CHAR TE S 28,94 127 35,20.423 747,928 75,62734 26,40653 4,20. 0 150, 0 3,150, 0 10.80 10.80 42,106540 148,23 7 85.67 0 407,39 4 1.50,0 68.27,153 4,20, 0 30 ,0 60,31540 627,94 27 10.80 96,790 36,0 0 105, 23 75,839752 36,719.50 231,80 96.790 36,0 0 65.836543 3 0. 0 8.523,02 10,62750 3,416, 90 3,25 , 20 297, 50 197, 50 275,6 725 65,83 43 8 0, 0 8.528,0^ 10,62750 Capitl 1,0 296.750 3,0 ,0 29,1375 18,6250 3,9150 cO,0 6,342,0 428,906.275 $ New 3,59,10 Com on Com on Other 64 ,47 13.8640 1,82 0 4,182,750 1,24678 30,51924 96,790 46.12,0 90.71,52 520,80 18,64950 32,7180 20, 0 25,461526 12,94 1,2658 163,725S1 1,0 0 60.3 843 3,60, 0 12.503, 2 7, 50 3,915,0 60. 0 17,59810 873,29815 54.53 57,0 0 57,0 0 237,50. 3.863.2 5 25,81250 8.297,0 275, 275 168, 15 1.0, 0 362.1843 3,80. 0 17,639.807 28,7520 3.915.0 60. 0 9,701 9 597, 509 - _— agencis&. 954,3716 bifnuoctlyadinese Notes- — manufctrig hoeldticn.g, Notes— - — ■„ manufctrig — hoeldticng., manufctrig hoeldtincg., utiles cceotop—a—rl,,manuft acesoriindamuasnnturfdctlrig bueildtcn.g_s ;tthrroauelddstincg.,, —_ cseocrpuritate JOFUNE bLoonanngo-dtteedrsms Short-em Presflocrekd stock boantn-oo.dgtedessrm Suort-.em Presf.orcekd svock bLoonanngo-tdteedrssm Short-em Presflorcekd stock corpate toal j;ofumnoneth Corn Btp— Domestic— Candi -— foreign— fBIntearaniokl Governmt fogroveernimgt—nGLoavandn, ♦Mucniciptal—eStse,s,SPotaeins fdignuoroest LBoonagn-Tdersm 1Railroads utiles esccottpoearll,,,Equmaipnumfcteenst anordi indausntrdl bueildtncgs, i_ ttIrnravuedsstminng,,Miscelanous — BShoaonrt-dTesm Raj■'rua—ds utile—-s. cecsopo't>car:.l,i, mrnuftis aaceonSOriu inadunstrdl beuildtncgs, — _i ttIrnrvauedsstminng,,Miscelanous roads utiles esccotopteallr,,,Equmaipnumfceenst anordi indausntrdl . bueildtncgs, _—— Ittnrrvaeusdtsminng,,Miscelanous MONTH 148,237 96,790 59.850 921,539.72 520.80 185,79 0 32,7180 20, 0 26,10 0 75,93 2 36,9170 13,204 10 ,0 0 29,86 29 10.80 85.67 0 378.50 65 1.50.0 67,139.653 4,20. 0 30 .0 0 60,31.540 597,3 598 42,106.540 4 ,474 4 ,474 3,150, 0 213,8072 19,2490 84,19738 28.5 ,0 350.69,127 560. 0 71,87423 747,928 6,0 ,0 64,89 30 523,97. 8 231,80 3, 0 , 0 1,078 8,240, 0 6,3 1.60 184.~2 710 18.90,627 3.0 ,0 1,250, 0 28,0932 1.087.50 1.0, 0 534,25.0 3,0 ,0 32,9750 4,750 3,915,0 60, 0 14,5820 704,520 3,863,2 5 25,81250 4~9 5~,ob 48,379 27 75,62734 26.49653 4,20. 0 30,17 0 46,12 0 830,72 0 520,80 14,8950 32,50 0 20, 0 25,30 Refundig 237,50 $ —1950 18,70495 314,59864 24.159,0 132,57 105 28.5 ,0 534,96.27 560, 0 90,78605 3.74,928 7,250, 0 71.259,0 73,10 5 60.0 0 10 ,0 0 10 ,0 0 1,30258 60 ,0 0 $ s 24497,989,31,60636S271 17,9250 3,985,0 -194 Refundi g 13,8640 1 ,7280 275, 275 35,01 0 19,64 105 30,8630 Satanteds $ 28,5 .0 321,75.0 50 .0 0 36,470 6,0 ,0 45,8340 Refundi g 2S.~809.32 1,087.50 New 30,51924 62.430, 1,387,0 94,3624 15,0 0 S 7,340. 0 54.31 90 16,7950 1,~80931 94,23568 1,5 4.0 4.890. 0 5. 0 , 0 27,6 10 15,7~fiT,627 S -1948 86.145,0 315,984763 4 .474 10 .0 197, 50 $ -1950 968,3540 21,450 28,91730 15,0 0 New $ al Tot 901.4E9S 597,3 598 Capit l 1,0857.0 3.25,26 54.7803 58.14392 Total 5,1.0 285,94613 New 29.86,29 34.01 0 2.987,312 6,8941 Refundxg 29.86 29 s -1948 15,20 4389 627,94.27 • Capit l 752,817 523, 7 0 872 1 56,20 7 50.98 05 747,928 Refundi g 1567 1,0 3,150. 0 3.0 ,0 1,250, 0 1,4 6. 0 S 26.0 0 15,0 . 0 56,97103 10, 0 0 0 10.758425 350,6143 197,023 60.0 0 10 .0 0 10 :0 0 $ —1947 261,795 90.0 0 23,841390 16.795,0 1L~80~931 63.519,43 1,54.0 5.0.0 74,56 975 50 ,0 0 28,5 0 478.326,0 50 .0 0 39.7 ,0 3.0 ,0 7,250, 0 47.0 ,0 3.40, 203.91, 0 16,7950 ilTBOTH 15,264.57 10.540 4.890. 0 5,0.0 rsTsTono 129.463 0 65,21 95 8,~G97~425 64,792056 30.25,0 25.84,631 402,91 GEoBfIRvneetDocramnvstilroukp.midl. CIOSTSRUFTPMNOJHAFIHYUEANEIEVDARS GFFLATOMMIOJFNVUEAYUHRICENVNMPRADRGLT,S Capit l $ 90.0 0 54.091,30 16,795.0 1.80J»3l 89.36457 1,5 4.0 5,0.0 83,26 40 50 .0 0 $ 5'JO.oO 17,052.6 7.619 17.69 20 $ Refundi g 25,0 0 124.80, 31,26375 10, 0 1,872.0 2.061.0 1916- 79,30 New -197 Total Com on Grand Total Can dian Other Farm United •These Public Iron, Motors Other Land, Rub er Oil Ship ing ' Total Total Public Iron, Fquipm H.iorj Other- Land, Rub er Oil Ship ing Stocks— Rai" Public Iron, Motors Other Land, Rub er Oil Ship ing Total Total- Railro•a_ds Public Irsoten,l,Equipment Maotnords Other Oil Land, Rub er Ship ing Investm n Miscelanous Total N3 C-'I 4* CO Total $ 1,904 3,125,0 702,1890 437,801.29 67,0 0 90 ,0 7,50 , 0 Refundi g 1,634 5281 2,14.0 351.824,1 48,7936 67,0 0 $ a 191 7,50 , 0 7,942750 Capitl 35,917 1,0 0 350.284,7 38,921 5 90 ,0 Total 39 ,0 $ 7,8410 $ 1,9G5860 63,9250 49,56472 210,7316 10,273497 3,125,0 37 ,50 304,81 42 25,90 58^45369 548,972 2855,0105 1.6 ,930 1,021.801 l1.42 37 16.594,30 50,0 0 2,1 4,0 247,58.671 5,625,0 12,573.45 5-2.38l0 924.8642 65,"0. 70,V4"T369 74", 2.9 489.51,80 1590,786 53,061.430 1.021.801 27,53.27 245,931.80 2.50 , 0 456,280 130,5830 95.87 63 407,168.427 609, 0 50 .0 0 755,D*2327 20,32b7 —1948 Refundi g 5 1.^950 534.6 2,594 25.0 0 2,064,0 73,4150 45,01.86 Capitl 20.3860 32.5 ,406 15,0 . 0 12750 56 10.69,37 57,31573 4,80,0 40,9 50 790 75 63.90,873 436,0 50 ,0 75,0 0 1,01,0 57,23.17 20,350 57,~632~6§1 425,9 467 24,1580 37 ,50 9.27.3 1.02 801 9.15,12 142,578 0 74,97 3 20.7860 90.18 57 35.2 0 70l~32,651 528.043 " 81,74 23 5.17,50 50,24183 1,021,801 16,051 2 206,53 81 3,50. 0 23*0, 0 394.157,0 104.75,0 40,361 0 65,0 0 97,20. 0 20 ,0 4,05 .0 59,6750 63,9250 264,5372 345.201,3 26,39 67 3,20,0 0 .0 74,310.572 715.02S5 1027.3700 1,405.367 3.50,0 23760. 403,82 13.4,67 43.561 0 65.0 0 2.0 .0 231,85.72 Refundi g 24,30 0 527,61 42 0 0 50,286095 3,945.0 32,71 0 25,0 0 3,051,986 20 ,0 3,0 5,0 3,2 5,0 179,2 7 ¥21"508, 529,80. 584,2016 10 ,50 New 125,0 0 50 ,0 0 572.381,0 617, 5.0 40. ,0 i2.5ob7o6 197,450 46,50. 19,40 0 41, 50 I57L325 84,21 50 Total 2231,,,71,2106741895763425859 $ $ 14 $ G 815L718 60 ,0 New Total •♦82,10 13,0 0 283,70 1,34758 2 52,0 0 S 127,30. 1,4093,50 iJiT.i ? 2.~fin725 19.0582 1.48752, 40,84.938 51/95.0 2834r."505 30.G250 "8*127 18 213.490"8 407. 8427 14.603, 0 2,819.57 1L50725 39,6849 ~ . 60,0 0 2 2213,,,1,7201467.8157942365895 442,,163650918278375 123,706156,99564088423 S614,850473,965328iUPBNMtCrpnFoauG♦atl•oeenvsIhaovcbwdtlcgirgfndudks.dfnaeysctl.y JFETS3FITUCDSNOOHDNRIHA0PEXRREEWA 1,6849: 25730.41,G6932.04765812.930,695,4318.60329,,024496358571217 JTSEFMAM3LFGUFINUOOOHNADVRE0CRXERNDPIMGGNLT, Refundig 69,1 423 3,250 137, 625 31,90 57 892,05732 83,0 0 186,50 20,4 63 29,0 0 $ —18 7 Capitl $ New Total 1,32657 60,90 307,24 0 178, 1259 S 2,70.4 0 39 ,0 $ 10,273497 82.1,0 30, .0 97,250 327,09 23,0 0 Capitl 1,925,0 319,58 3 30,491 1,20 0 4,150, 0 Total 1,84203 13,2,4079885152 5,0 0 523,0 1,59 03. 1 3,9804 5.2,460 fR^BeIncotarsuikl FYEAVS FYEIOVARS 40 ,0 19,46203 31.80, 17,86473 549.1C60 S New Total $ 2,830 7 8 5,940, 0 20,362.50 321,67.04 3,1986.0 4.976,31 3,408156 5,34278 209,47 479,0 Refundi g 93,06970 20,1 0 13,85174 350.2 0 15,34921 479,68095 $ —194 Capitl 2,7315608 $ New Total $ 5,730526 20,6 05 321,4807 2,481. 0 92,570 318,63170 42,360 9 27,54. 0 30, 0 542, 20 Capitl OCORPFATE, Nev $ 1,605.3 96 41,2 10 293.64805 416,945 19,54 0 fSraoamtunicnnpeldteyss OGARNUFPIDN 906,34152 75,0 0 10, 0 40.5^0 50.47168 1.895,0 542. 90 3,0 0 2,43951067 143,750 1,953.6 98 24, 50 byobtained SUM ARY 21,,372634570 10 ,0 0 10 ,0 2,589041 309.103 Refundi g 13,864.0 59,023.70 1,250CO 1, 50 72T7CO "Too"60 0. 93,06970 165,0 Capitl 28.417,0 1,42390 79,108 6,39,0 539,160 179,40 30,410 45760, 0 17620, 8 5,625,0 302,810 1.48, 3.90 80,42.80 6,39,0 50,27560 179.40, 37,60C 46.0765 176.~807.63 $ -1940 2,8G073C $ $ 321,u6.90 1.52,40 68-53,70 6,2fcu,0 17,5o20 184.65,30 26,830 "T0oo"0, 6.50 14.95J0 5,31 736 22,,570687153408 30,423 74 24, 570 138,09 571 209,47 645.050 175,0 310,2374 24, 570 137,90821 1.49 .350 46,921052 281~250 645,05 175,0 1,84203 3,98 049 21 25T.710 1,43.978C4 008. 0 0 oomn 591.7846 P1.2'41 "4.80 14.30, 0"0 428.C071 40.7 5.000 15.2 in opq m 3 61,729 33,1,4S8089216506. 0 0 1,8762. 4 104.6 50 6,39,0 68.~37T51 10805.405 37,805. 0 45.~60, 0 1.49,350 23,8760 302. 81 541,9807 20,5790 1O3.8GO4 79.28 70 1,250, 0 1,32750 7~217OC "9257 24 13,85 174 1.49 .350 46,39802 258,417.0 1,7382 .574 51030.96 6,39,0 67 01.82 045. 0 30,580 45,60. 0 1.49,350 2 ,95.36 180 75241,,45019279 490,52643 10,3652 153,24.560 14,726 7 1,520 29.042951 45,20 43 25, 1 40 5.310,935 35,74.10 41,2 10 70 .0 41 6.500 87,05 0 92,57 0 New 9.2 42 20,1 .0 ~"l97, 50 5,730526 o no" 47 — 5,940, 0 23 5.060 20" 1,857 259.0 82,05 86 0 0 26.18,52 075.0" 01,30. 10,8651 19,4320 51.30,9 51,309 4,80 , 0 4,80 0 Capit l 23.450 946.3128 €5,98750 6.26.0 9,02(7 5 147.52,30 25.830, "To ",o 6.50, 103,60 S 3.500 218, 3.59 10.7380 143,08514 13,96814 10,3 0 010.000 8.9471 105, 26 Refundi g 97,8 .10 574,928.1 2.547,0 72,53025 36,91250 1,0 .0 3S,0450 823,0 37 S -1950 596,516 5,94 605 4 ,474 70 ,0 0109.007 1G957.9425 0 0 2n0?o3~0 64,701.43 127,98.67 10.850 40, 0 1,291.07 215,4269 496,73 New Total ~ 10,80 1923.4 ,32 0,738 0 149,35 19 139, 6814 10. 0 89.41287 623,0 649 94"\0no 1,56.9702 0 0 p PTR.no li9 Pi.814 26.5480 14,30 10. 0h 43,091287 1,450, 0 1,859103 150, 0 $ 000 " 24 26 65,897 65,897 218,9063 30.0 70,3961 0 0 73,078 3.°450 32,71 0 25,0 . 0 708.930 15,9403 892,05732 60.0 0 84,61 746 31,98023 39 ,6 7 3,20,0 1.291.07 64.57,25 1.450, 0 1,925,0 5,790, 0 Total 3,45672.9 54S,3TO:65 2,04.13256 26,10. Refundi g 815.30, 7 51,309 25,019365 6,1 ,210 8,0 0 347.150C 257,1.0 50.uU0j 5.0 ,0 10. 0 48,063.5 2051.205 15,24.0 14.30 37,60 New 3.0 ,0 75,0 1.0, 0 $ -1950 29.460 1,2934 09 3u.oO UO 5,0 ,0 10, .0 468.271,0 27,30. 26.54,0 14,30. RCefaupnidti,lg-j 1,26.3471 16,0 0 154.920 1,4095712 3,294 831 8 708.930 9,853, 17 8 2 56,40 60,9 0 375,0 2 42. 90 7G,3 129 b,50. 0 20, 7150 21,075.0 1,30 0 9,40 187,53279 16,0 0 50,175.0 1,42509 73 30, 0 4,05 ,0 103,70 613, 408 3,50. 0 ~000 0 34,87035 10,850 7.650, 0 40, .0 94.18,014 o7 -1948 19.6250 1,58203.18 3,750, 0 Capitl 2.519,70421 1,859103 312,7613 298,40569 1,20 0 5,0 0 $ $ New * 1 65,897 Refundi g 187,5329 6,814,05 5,043,52 -1948 3.000 -1947 743 321. 60 2,0-653.24 73,4.312 6,236,0 49~810 19."217 23.50 "T0O.60 9955,5413 273,4 .56 465,30.1 10,3652 147,93265 14.726, 7 1,520 29.043951 4.5 46 713,9054 643,50 3^5 31,8057 87 .10 149.852 2,547,0 7lc.8o41 5360.912 1.0 0 90.13,20 97 600 CHAR TE EJ3UNDN0E boannodtedss stock stock boannodtedss stock stock foreign- boannotd-edss stock stock corpate HBInatenrka—iol Go forgoeveringmnt. Gaancid,s &♦Municpta.l—:Ste,s,SPostaeeins fdifnuignculdooresest Devlopmnt. JE3UNDN0E NBootaens-ds r util-esJ eccoopta'lr,, manuf acesori indamaunsunftrctdrilg bueildtncgs, : httoerraludtsicn.g,,Miscelanous NBotoaesn—ds utiles ecctoop.al,, manufct—res i.oie_ indamuansnutfrcdtrlig bueildtncgs,:—. htterorauldtscin.g,, — - utiles cceooptal,, manufctres oie indmauansunftrctdrilg bueildtcng,s httoerrluadtsicng.,, - utiles eccoport,-.al, manufctres oi indmauansunftrctdrilg bueildtcngs, .— httroerauldtsicng,, sceocrupritat-e MONTHS Corpate- Domestic— Long-term Short-em Prefred Com on Candi - Long-term Short-em Pref red Com on Long-term Short-em Pref red Com on 6 Other Total Can dian Loan Other Farm toal ♦Thes Grand United and MONTHS Long-Term Railroads Maotnodrs ste l, Equipment 6 ic Iron, pub Other Land, Rubier Ship ing Investmn Total Short-Tem Railroads Public ste l, Equipment Maotnords Iron, Other Land, Rub er Oil Ship ing Investmn Miscelanous Total Stocks- Railroads Public Irsoten,l, Equipment Maotnodrs Other Oil Land, Rub er Ship ing Investmn Miscelanous Total Total— R-ilroa-s Pub'ic Irsoten,l, Equipment Maotnords OUier Oil Land, Ship ing Investmn Miscelanous Total 6* The Commercial and Financial Chronicle (286) 12,240,000 Middle (Continued from page 3) $ $ $ 210.000.000 35.693.000 10,550,000 163,570.000 193,450,000 1127,877,000 Notes 245,693,000 180.120.000 65,573.000 18,530,500,000 18,217,050,000 - ' _. 11,865,000 May due 10,620,000 10,150,000 816,248,000 641,216,000 313,450,000 175,032,000 19,346.748,000 18,858,266,000 488,482,000 20,649,637,000 — 22,189,572,000 +1,539,935,000 j^otes Ohio & Jan. series to for Total for sold months— six Civil special fund and notes; Fund Retirement Service Foreign Insurance Savings 15,000,000 series lor Year Corporate financing for the first six months of 1950 an aggregate value of $3,345,872,579 compared with •53.408,156,405 for like period of 1949, $3,398,398,049 for stock 11399454067 bank $2,776,193,935 for 1947. Of the 1950 financing $2,439,531,067 was for new money and $906,341,512 for refunding. Of the total corporate issues for the half-year, bonds and notes added up to 10,000,000 for $321,336,600 35,000,000 struction mon show the we bonds and volume of 15,000,000 15,000,000 1 10,200,000 Y, (for due Total $422,360,669 321.627,047 due Electric stock & 319.581,538 303,449,111 210,071,316 437,801,291 3,133,084,281 1,768,505,620 65.236.160 2,125,944,705 $49,684,680 Pacific stock Gas $25). Jones & Laughlin 690,763,000 238,547,300 36,456,359 965,766,659 series B, due 27,962,393 16,406,288 war 1942 604,185.000 97.045,903 13.680,330 393,513,681 715.333,113 14,517,271 1,416,034,096 1,257,492,300 AND 144,024,525 FOREIGN CORPORATE CANADIAN—JAN. TO 1 40,000,000 25,000,000 C. Purpose 30 Bonds and Preferred Stocks Stocks due Total for $2,601,301,450 $318,668,170 2,866,167,308 bonds, 20,000,000 Beneficial Common Notes 1, 220,362,050 321,627,047 18,000,000 3,408,156,405 2,775,367,400 319,581.533 303.449,111 220,743.813 2,776.193,935 1946 2,068,374,000 702,108,S90 446,643,791 3,217,126,781 1345-_; 1,793,505.620 743,013,000 292,202,905 66,136,160 238.547,300 36,456,459 369,395,000 27,962,393 16,406,288 2,151,844,705 1,018,016,659 413,763,681 1542 604.185,000 97,045,908 14,524.080 1941 1,257,492,300 144,024,525 14,517,271 1,416,034,096 April 1, collateral 1975. stock • of the Half Year bentures, due stocks of general Feb. 55,000,000 Chicago, bonds, 1971. 1, subsidiaries, corporate Rock Jan. 49,000,000 Commonwealth Edison due April 40,875,000 Pacific bank loans new and acquisition expansion finance in 1980. part Purpose of (to construction 2%% (to repay bank Light Co. 23i% loans bonds, mortgage $10,000,000, struction, 32,500,000 Kansas 1984. Gas and 1, 1980. bank 30-vear and for Co. for new $8,147,000). due Jan. first 1. subsidiary and for mortgage 1970. new Purpose and (to to purchase construction). 15,000,000 Detroit Corp. loan dated Jan. 1, 1950 and due annually from 1951-1965. Purpose (to retire indebtedness to the lending group and for otheri bonds, due Corp. Feb. 1, first 1965. Purpose mortgage (for sinking expansion fund and for working capital). 13,530,000 Southern series due Pacific DD, inclusive. due B, May 1, May 1, first bank shares 26,000,000 Public 2 >e% (for equipment annually new trust Jan. equipment). 1, certificates. 1951 to 1965 of mortgage and Telephone Transmission and Pur¬ to debentures, inclrs-e. book repay Pur¬ loans). bank repay Co. 2%% loans*. first mortgage bonds, working capitai mortgage bonds, (construction, 2%% Co. first (refunding Purpose new an; Electric 1980. 2%% Co. Purpose frst con¬ mortgage loans bank (repay Co. Co, 1. 100,000 11,100.000 due 1, July 334% 1965. fir t and mort¬ Purpose of (new S5 par bank.loansi. Light 1980. shares 333,077 Inc. 2%% fir t (repay bank Co. Purpose mortgage loans and Power Co. & 2%% Co. Purpose first (acquisition Ltd., Inc. stock, $100. ion). expan shares 130,610 par bonds, mortgage and of 3.90% Purpose (repay Utilities 1980. Co. 30-vear Purpose fir t mortgage short-term (repay and notes con-truction 1. Gas Electric first series W, and due Lirht refunding June Power & of Balti¬ sinking mortgage 1980. 1, C». Purpose fund (con ;trur:tion 1980. con¬ of 4.60% of finance (to to share (investment annual inclusive. series P, Wisconsin 2%% RR. equal Indiana Northern Private Our 114.848 Co. Purpose Central in 1965, common Coke & $100). of capital bank repay loans construction ). York bonds, Light Gas (par new New 10,244,588 shares Purpose Corp. capital). (repay & preferred 231 % stock 11.000,000 due shares 1, 1980. States new 11,484,800 Peoples 1, financing 400,000 due Ltd., Purpose Morris bonds, preferred bonds for bonds, working Power 12,000,000 Consolidated program). $4 Chemical Public due Electric stock. Service May 1, Power Purpose equipment instalments Purpose, Co. 1980. Co. June 15, from equipment). 23t% first shares and. mortgage (refunding Purpose 585,405 (acquisition certificates trust on (new of $10 1. par expansion). Sales of Securities in the Half Year record of security issues placed private!v shows this character, aggregating $984,447,054 were sold during the first half of 1950. This is amongst the largest in total amount and number of issues involved in placements of this nature for any six months that 189 of issues since we started compiling these figures separ¬ in 1937. The figures for the half year of 1950 placed through the private route amounted to ?9.42% of all corporate financing and compares with 34.8% so period ately placed in 1949. those it might sales, securities be well issues not explain, to comprise publicly offered but sold di¬ a relatively few large purchasers, ordinarily insurance companies and banks. No distinc¬ debentures due acquisitions first first 1948 mortgage (for 1975. used were during capital 3V\% bonds, tion is 20-year of natural due May 1, detailed private and public issues in compilation of the capital flotations. made clear to also to be the between made 1949). construction mortgage Purpose for and It our ought avoid any misunderstanding of figures, that the compilation is only security issues 01 and does not include bank loans. (refunding). Power 1980. Gas 2%% Co. first & Co. 2%>% May 1, and summary Aberdeen (refunding). Electric Following is bonds, series B, serial notes 1952 to May 1, dated 1965. & Gas bonds, due Accountants Edison Co. 2%% May 1, first 1980. and Corp. long-term Publishing Co., 4,500 Co., Inc., 6.000 preferred stock Gas preferred bank and for sto^k (par 1,000.000 $25). expansion). shares Purpose (to • $2,100,000 shares of a years: (May). stock (par cumulative non- common (par Equipment, Inc., (March). shares $60,000 $10). 200,000 6% of shares (May). of common stock (par $2,130,000 Affiliated Gas Equipment, 4.08% Inc., long-term notes, $1,100,000 (February). repay Air Filter Co., Inc., 3Va% American Air Filter Co., Inc., 3%• American bonds, < have re¬ Purpose of loan, Inc., American California cumulative we (May). Publishing convertible $1), Co. Petroleum cents), $1,800 Affiliated Electric list of all private issues which of the figures for the past several Accountants 10 • a reported in the first six months of 1950 together with bonds, mortgage $20,000,000, first mortgage Purpose mortgage loans S109. par rectly by negotiation to 27«% Co. Service 25,000,000 Southern B, 2%% loans). bonds, common of (refunding). funding to Gas Co., & June Gulf 13,000,000 construction). new loans 1950 and due serially Purpose and 1, Electric June and (refunding). Co. $?02,000 Purpose mortgage shares 1, 1985. Purpose (refunding, bank loans, $10,000,00). repay of construction). maturing construction in part, bank loans which 27,000,000 American 1 purposes). Steel 2%% 30,000,000 Seaboard Air Line RR. 3% $1,400,000 corporate series $25). Purpose (to repay advances Telephone & Telegraph Co. and to finance Electric May 1 cumula¬ 2Mj% 1953-1970, due Purpose fund stock. due Philip Private Purpose due collateral Petroleum existing (lor Gas Supply Co. bonds, due 1970. Purpose gas pipe line). 30,000,000 Potomac 23i% bonds, 30,000,000 National Distillers Products Corp. 2.80% promissory notes, due April 1, 1975. Purpose (to increase working capital). mortgage 234% bonds $24,353,000, and for new .stock capital of series 20-year and Light and City new and first 486,288 110,000 Co, England Gas Edison shares shares stock, Co. Hydrocarbon cumulative and program). 58,000,000 Ohio con¬ first (refunding, notes, $19,200,000, (par improvements, ('refunding. Purpose loans, 3% (for $75,644,900 Phillips Petroleum Co. 2%% first bonds, May on program). promissory mortgage preferred stock (par $100). 1S80. Light Corp. bonds, bonds of 21,000,000 Warren Feb. repay Purpose construction, trust & New stock American (to repay, annually promissory notes, due July 1, 1970. Michigan Morris bonds, for refunding MAY $23,500,000). Power 25,000,000 United due to and 1965. Corp. 3%> 15-year unsecured notes. Pur¬ short-term loans and for working capital), re¬ v & 1, first and 2%% Co. 61,000,000 Trunkline Power April repay mortgage & Kansas (refunding). cumulative program). general due expansion 4.80% trust serial RR.i. and 1980. due June Philip post¬ expenditures. 10,000,000 Tennessee debentures. Purpose bonds, complete expansion). mortgage (refunding). fund shares $25). Corp. first debentures, 34-year (acquire $44,000,000 bonds, series H bonds of 498,839 Gas & 1, sinking gage for (refunding, $800,000). Co. Purpose Co. capital ex¬ indebtedness). Power construction 15,987,696 (refunding). Purpose repay 10,000,000 Southern construction). new 1,500,000 (par Power sinking (for Co. 2Ye % Purpose Electric (to of and construction). 33,500,000 Pennsylvania due 2%% stock to RR. 1980. Purpose Mohawk due (for for from 1, Co. Electric & preferred 40,000,000 Niagara bonds 1999. 1, Gas deemable Purpose advances, Pacific & due A, for for construction). 1351 Power struction and working capital). 1980. bank expenditures). de¬ 2%% 21-year purposes). Island series repay Purpose Co. Co. 1950 reduce bonds, common equipment). struction from annually Purpose 200,000 Ironton California 1, 2%% $2,400,000 preferred 1, June more first Power Service Finance (to pose 10,000,000 Illinois Telegraph of mortgage (to loan, Corp. Purpose & par). new 10,000,000 Family JANUARY & to for $4.04 Pennsylvania RR. 2'/4% equipment trust certificates, series Z, due annually April 1, 1951 to 1965, .inclusive. Purpose (for Telephone first 3% Purpose 1980. & $8.50). (110 and & construction 17,000,000 Mathieson loans sinking fund bonds, series Q, due March (for expansion program). Gas Electric stock American trust (par 11,000,000 Texas Below we list the principal issues of securities placed during the first half of 1950 giving at the same time (in parentheses) the purpose of the issue: $200,000,000 mort¬ bank pay shares Purpose 2%% 2%% Co. 1980. Purpose 13,616,064 Cincinnati RR. (refunding Indiana construction). new Corp. Purpose Water 15,000,000 Shawinigan 10,110,000 Large Domestic Corporate Issues During 1,656,156 purposes, 715.754,988 1943— 20,000,000 program). Loan 1965. Edison Boston due 3,398,398,049 494,956,472 May June due capital). due corporate $425,902,959 $3,345,872,579 Purpose struction ). 13.061.000 Corp. Industrial April other due mortgage Natural 15.000,000 Wisconsin (for 1975. 15, (for working mortgage 2,060,493,650 1344 first shares (to 22,200,000 South Carolina Electric & Gas Co. 3% ISSUES—INCLUDING JUNE Steel June Financial T. I. due (refunding collateral inclusive. 1975 Cyanamid construction new 100,000 Purpose Co. improvement plant pro¬ (refunding). Purpose general (new and 1j76. 1, loan Purpose 2'/2% -412% 1950, 1, Toledo Southern 1, expenses). Purpose 349,145,000 1948 trust March to 2.8% Co. (lor Co. $100). Electric & (par due A. refunding anJ first June secured Sunray Oil Corp. 27/»% due 1943 1949 equipment APRIL 2,765,521,438 702,108,990 292,202.925 tries s parent). 3,332,198,049 494.956,472 Co. (additional pose 40 000,000 debentures, 1950 1, F.lcctric Purpose Power (par construction for or construction and 27/s% due Bell Telephone Co. to Northern dated 3% Co. convertible pose Co. T, inclusive. Pennsylvania Detroit. 15,000,000 Virginia before capitai). on working debentures, 3% (refunding series 1384. May common 1980. 3,378.156,405 1,993,174,000 DOMESTIC Ohio Southern & bonds, maturing replenish (new $3,314,784,839 220,362,050 2,709,107,400 1941— Co., 2% RR. Gas 1, 49,884,900 American equipment). Columbus and $318,668,170 2,060,493,650 — Quincy & trust cer¬ 1, i960, June to program). 1975 4 V4 % new (for repayment of advances semi-annually, Sept. equipment). lor program). 1951 24,500,000 Dallas 2%% 40-year T951 notes Inc. Electric & bonds, June dated April due and etc.). RR. 2V4% equipment trust certificates, se¬ annually Jan. 1, 1951-1965, inclusive. Purpose due new preferred 2,836,167,308 !947 Co. Purpose Telephone & Telegraph Purpose bonds, common equipment). (to notes. Pennsylvania ries 10,000,000 $2,573,756,000 Gas tj due 25,000,000 construction, Inc. Purpose 60.000,000 Pennsylvania 80 Stocks . line, new subordinated Corp. first mortgage new Telephone Burlington certificates, cor¬ (for 1990. 15, American 10,200,000 Chicago, Common Stocks of Co., 1, new Purpose equipment 1"%% June System, 60,000,000 Northwestern 40.000,000 costs). JUNE TO con¬ increase (to RR. (for Gas Star 1961 first mortgage bonds construction and 27/»% Co. Bell March gage ISSUES—JAN. 65,000,000 Lone tive Acceptance Purpose Jersey New from 10,000,000 Preferred Notes 1930 1?45 CORPORATE Bonds and acquisition Power 1980. due foreign corporations: DOMESTIC for and (corporate purposes). Georgia 1, porate domestic issues by types of securities brought out in the first half of each of the past 10 years. The second table includes Pacific due 1965. below $15,000,000, of loans of 4% preferred working capital). shares 100,000 Erie 1975. 1, from $15,000,000). Motors General Purpose respectively, for the first six months of 1949. Of the 1950 total $318,668,170 was in the form of preferred stocks and $425,902,959 was common stocks. tabulation & 1950). Purpose 25,000,000 and com¬ stocks, compared with $1,481,413,900 and $330,423,- the costs, 100, and for $12,539,900). 374 In 80,000,000 25,000,000 Chicago, Burlington & Quincy RR. 3% first and refunding mortgage bonds, due 1990. Purpose (refunding $12,460,- Utility financing, as already noted, for the first half 1950 totaled $2,016,566,243 of which $1,521,240,000, or was accounted for through long-term notes and $490,526,243, or 14.66% by preferred (refunding, Purpose 25,000,000 Appalachian Electric Power Co, 2%% due 1980. Purpose (for expansion). Ivhen $622,212,000 was recorded. Other industrial and manufacturing for the current year totaled $325,499,810 and all other categories amounted to $682,469,926. 45.47%, 1985. due bank repay gram). first mortgage bonds, 30,000,000 Houston Lighting & Power Co. 23/i% Corp. annuaLy H.) 28, Columbia (refunding). Purpose (to JUNE $110,000,000 35,000,000 Detroit Edison Co. 23/<% general and refunding mortgage bonds, series J, due 1965. Purpose (refunding). $302,281,000 in 1949, $299,946,000 in 1948, $127,370,000 in 1947 and $572,381,000 in 1946. The year 1945 was an exceptional one for railroad financing and the total for six months aggregated $720,701,800. This mount has never been exceeded for a like period as far us our records show, the nearest approach being in 1927 of note (with sinking 17V2-year 1960). start to payments shares 710,700 Co. Purpose Lake & Purpose (R Dec. pansion Burlington Mills Corp. 2%% fund with pared lor 37,727,600 Southern Pacific Co. 3% convertible debentures, due April 1, 1960. Purpose (to be applied toward the 1950 construction program and for other corporate purposes). com¬ as March 1, 1955. working capital, due unsecured 3\\'/c-V 2'■ Corp. Power $100). due mortgage Financial Corp. 2'/a% loan (refunding, $50,000,000, and 1'. I. Purpose against $541,989,097 a year ago. Of the total financing largest share, $2,016,566,243, fell under the classifi¬ cation of public utilities, compared with $1,817,627,274 accounted 10,000,000 Macy $25,000,000). the Railroads (par (construction $75,000,000 C. $4,343,000). Purpose Finance Pittsburgh June Natural Gas Co, 1st mortgage pipe line bonds, 1964, second 3V4% series. Purpose (for construction). first mortgage bonds, (refunding, $7,657,000, and Purpose Petroleum Electric inclusive. construction). new due notes 10-year ' $3,500,000). tificates, MARCH $2,601,301,450, as compared with $2,866,167,308 for the period in 1949, and stocks totaled $744,571,129 as 1949. for and 3% Co. construction). securities). in Indiana Public Service Co. 27/b% first mortgage E, due March 1, 1980. Purpose 'to repay loans 10,0000,000 Paso due : ame for El Co. 300,000 shares of (for working capital Guaranty Purpose & $10). (par .investment series bonds, 1948 and Fidelity States 1980. (par $10). stock Ashland 12,000,000 Northern had due 10,000,000 Household for Light & (refunding). States capital new United finance to maturing serially in nine years. Purpo.e (re.unding, and for drilling operations and working stock and Power construction, 10,326,308 Potomac 454,457 shares of common stock (110 Purpose (to repay bank loans and for new construc¬ Oil & Refining Co, 3% debentures due 1970. (refunding, $3,600,000, and to repay other debt of company and its new constituents and for additional working capital, $11,400,000). $,,500,000, expansion, S10,- (refunding Purpose and $7,500,000, Consumers Power Co. capital 12,071,859 Half the for Results M. new notes first Purpose tNet retired. Insurance Corporation. Loan and Co, tion). Government nue Insurance Fund, National Servict Fund, Federal Deposit Insurance Corporation, anc System, Gas 1965. 1, first mortgage bonds, 2%% Co. 1980. loans Purpo.e par). 15,565,152 Fund, Alaska Railroad Retirement Fund, Posta. Zone Retirement Federal and certilicates series Fund, Retirement Service Canal Savings i.,fe of sales Union 1, May bank Sound 11,000,000 Middle 2%% mortgage sinking bonds due 1975. Purpose (refunding, $14,460,312, to repay bank loans, $3,539,688). $18,000,000 Southern certificate! to Adjusted Service Certificates Fund and Unemployed Trust Func notes to Federal Old Age and Survivors Insurance Trust Account •Comprise and June„— due July debentures fund Electric & 12,000,000 Rochester Gas & Electric Corp. 2%% FEBRUARY Total Gas due 1960. Pacific Lighting Corp. 100,000 shares of $4.40 dividend preferred stock (no par). Purpose (10 repay bank loans and for general corporate purposes). Monday, July 24, 1950 . (refunding). repay 15,000,000 I'uget equipment). new . 000,000). 2V*% RR. sinking 3% Co. Purpose equipment trust certificates Purpose (lor new equipment). 1965. to equipment trust certificates, series $708,000 annually Jan. 1, 1951 to 1965. Purpose due 22,675,000 Budd 2'/2%, RR. 1951 1, Pennslvania (lor June— Certificates increase 17,500,000 Oklahoma Baltimore Y, for Total shares of common investments in sub¬ 640,000 (to Purpose par). sidiaries). May— C'ertilicates (no Inc. Utilities, South stock Net Issued Retired Issued . Gage & $400,000 Machine (Januaiy). Co. 12-year 5-yaar first notes, notes, mortgage $300,000 $400,000 434% (May). (May ). sinking fund Volume 172 Number 4927\ American Molasses Co. Electric City Atlantic City Automatic Electric Steel Telephone Black Industrial Line., from Boise I960 Water series Bucid Light 3V2% April first Burlington . due 1975 Carolina • 1960), Carrier Casco 11,250 434% Casco Products 1280, nually, Cherry SuOO.OOO Rivet Chicago series I. Financial I. stock common H.) H.) & first mortgage bonds, series stock (no over loan due annually 1961 sinking mortgage & & instalment 1975, to fund notes 3'/a%-3%% Co. due serial Inc., notes maturing on in- bonds, of 15, 1960, $2,000,000 '«■ • Nov. 1, 1950- notes, due 1951- 1950, (May). Colonial $100,000 Corp. 4% of 3% Co. loan Water 1980, 2'/2% $1,150,000 & 4V4%. Inc., 1, Jan. , Schuster & 1, May Commerce Southern Electric Ohio 1, to $1,000,000 2.8% Co. due (subordinated) preferred of (no par), stock first boncfs, mortgage (par of units in first due Chemical 1, July series B to 1951 1, 3%% Corp. 1965, $17,000,000 1961, 1, March dated notes Dec. & Gas Gas $10), share one A, bends, bonds mortgage Consol'dated $250,000 May 1, series A (par $100), Sentinel due ' Jan. .,i States serially in first 30, mortgage sinking 1950, loan, $400,000 27/a% Sixty line 1, May 2%% first 1, 1980, to 1955 Co., Inc., Co. Gas Minneapolis-Moline 1957, (June). Valley f.irst and serially due (January). mortgage shares 2,500 1, fund sinking mortgage first bonds, due (January). Missouri shares 4,000 of of 3,4%-4'/2% stock of preferred (par $100), 3'/a% 3]/a% Inc., pipe line bonds, mortgage first (March). $6,750,000 4% first 3% Co. bonds, series first due note Jan. $2,000,000 loan, mortgage first 3'4% Co. line pipe mortgage bonds 1964, due (February). $10,000,000 Gas 4.90% preferred stock common unsecured bonds mortgage promissory 2.90% Service fund sinking due debentures Nov. 1, note first Co. 3% $10,000,000 (April). 15-year unsecured notes, Ltd., shares 4,000 cumulative 6% convertible $25,000,000 notes, in 10 at years of rate 1950 notes Oil B. of Co. Dallas, Texas notes, promissory $7,500,000 (January). $1), 1, shares of Co. 3% series Q, Power bonds, Inc., notes 1970, bonds due notes June 1957, due (par $1), $260,000 stock common (par $1), first mortgage and collateral March 1, 1975, $15,000,000 due sinking fund nctes due 20-year Mills, annually 5% Inc., 1951 mortgage first 1960, $5,300,000 (closed) inclusive, 1957, to loan, $500,000 mortgage and (March). bonds $50,000 due 1958, in Associated first mortgage bonds due . Service Terstegge (April). Propane 2%% Co. 4'/4% Co. first mortgage bonds promissory 4% Corp. Gas $500,000 1965, Te'ephone Co. 3'/4% (January). Public due 1979. April 25, 1965, (May). & sinking note due fund debentures due May (June). Corp. 2%% Oil (June). maturing due 1975, $300,000 due Jan, to 1, promissory notes due July 1, (G. S.) shares 2,000 Co. (par $100), $200,000 1965, mortgage 3Va% bonds, May due bonds, due Electric 1970, $40,000,000 of 5% cumulative preferred stock (February). Co., Food Inc. $50), (par of (par stock capital Stores, Grayson-Robinson Corp. 334% Corp. Greyhound shares 3,000 $150,000 $100,000 $5), preferred cumulative 0% 5% 1, May serial $500,000 notes, promissory 25-year 1965, $5,500,000 25-year secured instalment 1975, $450,000 $500,000 Guardian 4% Inc., subordinated March debentures due 1, 1960, (April). $200,000 Inc. Co., Loan 10-year Machine American subordinated debentures, Co. 5-year convertible $300,00<L $250,000 notes, I (February). Harrisonburg Telephone first 3!/4% Co. Electric Hawaiian E Lighting $30,000,000 Co., & Ltd., Power C, Co. 234% first 5% preferred stock, mortgage bonds due 1985, first mortgage bonds due June due notes 1980, 1961, $600,000 April 1, $4.5o cumulative Realty $2,750,000 1974, U. first mortgage bonds, due 1976, $2,000,000 Co. 7-year subordinated notes due 1957, $500,000 5%, Co. 5'4% and 5J/2% first mort¬ and due $25,000 each Aug. 1 Feb. 1, 1950 (April). $5,000,000 long-term notes, 3'/2% (par $1), (March). first due June 1956-1965, 1, U. due 4% Shoe 9,580 of 30-year fund first 6% $2,500,009 University Uris Ward 1370, 1, 1, $75,000 debentures first bonds (March). 2%% first serial due notes 1951-1966, incl., „ due March St. of Va. 3'/2% first mortgage bonds due 1979, $600,000 sinking Co. fund promissory note due iJanuary). 4% Inc., 000 due semi-annually to Nov. 1, (January). Dominic's, Church 1959, 1, 8300,000 L.'Ughlin 15, Co 1975, Steel 10-"ear sinking (January). Corp. $40,000,000 3% fund debentures, Electric $1,100,000 Feb. due Feb. Co. Colo, bonds, first mortgage $275,000 1980, 1, Light & Power & RR. Co. 3%% first mortgage (June). Power Telephone Kent Pittsburgh & first mortgage (April). Poor series due Porto & Co. $33,500,000 B, Co. 1, (par 2%% 30-year first mortgage bonds (January). $5,000,000 Inc., 3!/4% due 1965, $450,- promissory note due April 1, 1.964, Co. 900 shares of 5'£% $90,000 (March). prior convertible 18,000 shares of common ,serial preferred Wisconsin note & Fuel $300,000 & 1965, $750,000 Co. stock (no par), $162,000 debentures due first (May). Jan. 1965, 1, 1973. fund (May). $5,750,000 1950 and (March). $1,400,006 due (January). first Inc., $1,500,000 Dec. due mortgage 3% bonds, series (February). to 4% Co. 1964, 1, due notes Light Hydro 1965 1964), Wisconsin Electric of $1,000,000 Dec. first Michigan 4% Co. issue $500,000 1, 1954, mortgage (January). $750,000 bonds, (January). series due B, to be sinking retired by fund debentures due maturity—March 28, April 1953 (June), Power Co. 2%% first bonds mortgage due 198C, (January). of all private given in the following table: summary PRIVATE 1950--Number of placements CORPORATE since 1937 is mortgage FINANCING May 1, 195i to 1965, bonds, 4'/2% series, due — ^ Total Year — 29.42 total volume '—, 194 136 328 $1,185,109,369 of $762,742,500 $1,947,851,869 34.8 40.2 36.6 issues Volume Percent of total volume 1948—Number 240 issues of 218 458 $1,396,705,750 $1,395,982,395 $2,792,688,145 Volume 1947--Number of - _ 44.4 243 42.8 437 $758,691,200 $1,388,893,599 $2,147,584,799 - 27.3 39.2 34.0 of 165 245 $450,826,055 $1,221,719,324 of $1,672,545,37$ 80 issues _ 1945--Number 41.1 194 issues of total volume Percent Volume Last 6 Mos. 189 issues- $984,447,054 Percent of issues 14.0 65 $561,560,000 Percent of total volume 21.4 35.5 117 25.5 182 $722,001,687 $ 1,283,561.6»" 17.6 20.5 60 shares volume 80 14C $370,842,625 of Volume $499,148,114 $869,990,739 36.4 23.1 27 A of 25 issues Volume 1942--Number of _ _ Percent of total volume of of $272,897,500 27.4 25.2 55 S3 $223,269,700 $210,664,850 $433,934,550 31.2 64.4 41.6 total volume issues Volume Percent of total volume 128 87 215 $538,562,300 issues - Percent of 5ft $180,977,500 22.2 38 issues _ 30 $91,920,000 1943- -Number 1940—Number Coke $1), 1, (April). (65% 1, to Volume (May). Gas doted loan $7,500,000 March 31, due Percent of total volume $100), 2 '/2 % -3% % $1), sinking first mortgage (March). loan, mortgage note 1980, 1, 1944--Number bonds first mortgage 3»/4% 3>/2% Stadium 1975, Corp. 2%-3% 1941--Number Co. Rico April stock 15-year Percent of total Bag Co., (May). Steel ipar $2,000,000 bonds, common Volume Light Corp. Pittsburgh Steel Co. due of Telephone Co., 4% 1946--Number Denver, (June). $1,500,000 series A, shares sinking fund debentures due Jan. 1951-1965, $21,000,000 Light & Volume & 35,000 Percent of total voiume Smith's stock Petroleum Western 1, Volume note (June). due (par Percent of tctal volume Aggregates, $1,000,000 of stock 3%% 4'/2% 1949--Number subordinated notes, series B, due March Manufacturing 1964, common 1st 6 Mos. (March). Water Corp. Coast of Co.'27/e% bonds, mortgage (March). (John) shares (June). (May). Dominion 12,000 Co. Pittsburgh March Baking Warren A Baking Co. 5Vs>% subordinated notes, series A, (March). $750,000 due 20-year first mortgage bonds due 1970. Co. Control Volume $100,000 mortgage, bonds mortgage mortgage $75,000 1960, first 20-year first (March). Co. $11,000,000 2%%-3% Co. 3'/4% A first mortgage sinking fund bonds, Service 1980, 4% Inc. Corp. (March). $1,000,000 1975, $200,000 Control of due Biothers 1970, class mortgage 3%% Co. Co., 1, 1979 (February). Wisconsin Telegraph & 1, Valley Baking Co. 4'/2% bonds, J975 due (February). • shares of sinking 25-year 3'/4% Corp. Public May Corp., Telephone Utilities, Inc., Wheland 9,400 shares (January). (April). due Jan. Indiana F, 1956, 1961, bonds due June notes (March). Thermo S. (April). Telephone due Feb. B, 1, mortgage 1951-1956, (June). $1,500,000 1965, Corp. Service $8,000,000 Valley Dec. mortgage bonds due (January). $28,740 Service Carolina $1,600,000 15, f.irst (May). Thermo Wheland Pittsburgh Telephone Co. 4% 15, due (June). Supply Co. 3'/4% annually from first mortgage bonds due 23/4% Co. Paper 1975, $2,500,000 1, & $100,000 bends (Marchi. (March). S. Construction & Associated Trunkline Gas United $300,000 Paper Co. Water 1980, series due debentures fund preferred (May). (June) (March). Securities Co. bonds, series B, Perry Indianapolis Water Co. 2?4% Interstate $4,000,000 $52,500 of shares 11,150 dated 1962, Water May series 3 '/4 % Corp Manufacturing Co., Inc. 3V8% (June). > — loan, (May). $5,000,000 3% (May). $1), (par York Peoples iMarch). $20,000,000 1980, of shares (March). 50,000 $1,000,000 Michigan Electric Co. 234% & 1965, promissory notes due 2.80% Corp. Manufacturing & Supply Pennsylvania $20), tpar due 20-year Manufacturing & Supply Corp. preferred stock (par $5), $47,000 e York Norfolk debentures (April). $61,000,000 Co. notes England Paul series bonds, mortgage (March). $200,000 Inc. (January). Inc. ccnvertib New fund sinking 15-year Glass Tri-State (January). England Parish B line line (May). stock 4% Corp. Hydro-Electric $1,400,000 D, New sinking (April). Tishman note 15-year $1,070,400 Nekoosa-Edwards Pacific (June). Houston to Nekoosa-Eawards Oster (March). $3,000,000 pipe pipe Typographic Service, Inc., 358 shares of participating non-cumu¬ lative voting preferred stock (par $100), $35,800 (May). Old Society mortgage mortgage Typographic Service, Inc., 6,703 shares of common stock Ohio (April). notes, due note (May). (May). Greyhound first first 3'/2% debentures due serially to June 30, bonds 1.951 Ohio notes due Inc., 3%% of (June). Steel Co. 3%% City 3'/2% Co. Mills, Manufacturing Sugar serial Nunn-Bush Godfrey 3% Products par), gage Nesco, 3>/4% 1963, $3,000,000 (June). 1, $18,000 Gypsum (no $6,703 Inc. Products, Hvdro-Eleetric 1965, 198C (January). Pipe Co. $30,000,000 Northern shares 10.000 Inc. (June). & 31, (May). $1,000,000 (June). from North Globe-Union, & Corp. 3!/4% National due and $1,000,000 dated Jan. 31, $100,000 per annum, promissory Corp. January). Nov. subordinated 7-year 100,000 Corp. fund Tower, $6,000,000 stock (par notes first mortgage Line Co. $3,250,000 (June). Distillers National due subordinated Corp. Acceptance of (March). $92,000 $25), (par Motors payable (John) Line $3,250,000 1970, $3,000,000 New (March). June subordinated 10-year Corp. & $1,600,000 Texas Pipe Gas Gas Vernon-Woodberry Nachman New (February). Stores, Gerity-Michigan Jones 3%% 40,000 shares of common stock Water Southwestern C, (January). 1970, due $750,000 stock prelerred General due $1,500,000 15-year Co. Gas series, Family Finance Corp. 3% Jackson July mortgage (June). Neiman-Marcus promissory 17-year (January). Corp. $6,000,000 •Fitzsimmons 1. due first (June). Control Southwestern Nave Stores, Natural Indiana note 2%% Co. (May). Electric Service Co. & Gas Morrell Nave shares 1,000 Inc., 1969, 3V4% Paso series promissory $1,000,000 (April). Corp. Lumber Suburban Corp. Public $3,700,000 National mortgage notes, series B, $2,375,000 (June). 334% $1,750,000 Natural Paso & 1960, (January). Mississippi stock $1,500,000 due 1965, 15-year notes (sub¬ B (February). H stock due (May). Southwest Texas 1975, series debentures, (June). fund $400,000 Natural Gas Co. Realty second . capital of notes ■. Sylvania Mount W. due June serially due sinking 1962, $15,000,000 Brothers Grolier shares mortgage (February). Wall Suppiger Minneapolis Montana-Wyoming pipe mortgage bonds, series notes 4% 1, Co. Fabrics, May stock first Service Shopping Bag Food Stores 4V2 % Stratton $11,000,000 years, Montana-Wyoming (April). 1' 67, Granite 3%'■< Water Acceptance $100,000 (March). $1,000,000 Co., Petroleum 9 sub¬ 1, (June) of Baltimore Co. Power & fund 3% Corp. April Corp. 1965, Tennessee M. (June). 627,000 Co. 10-year Inc., Co., Brook trust.-Pinking (February). Drilling Co. 4% $100,000 G. & Radio Corp. Sunray bonds first $4,900,000 1970, 1, Light Corp. Milner & Steel Dorche.'ter i Co. 15, 1976, Shawinigan (June). (May). Airlines 1960, 10-year due (June). Purchase 1, 3'/2% Corp. June Electric Purchase Gulf 414% notes (June). ordinated) ' series M, (March), $32,000 bonds mortgage sinking $2,500,000 Crowley, fiind sinking Gas due A. Gas refunding Contract 4% Natural $12,000,(00 Contract Co. (February), series 1957, bonds, (April). due (May). Electric & $100), (par Electric $500,000 1980, $300,000 Atchison, Kansas, $400,000 (March). 1960, Finance $1,000,000 El series A, (March). first mortgage $1,875,000 note, Brick $8,000,000 Securities (May). series cumulative preferred stock, Hydrocarbon Corp. 1980, of Co. due notes Commonwealth El cumulative (June). bonds, line $1,500,000 (May). Co., 4% bonus, due $75,000,000 1955, mortgage and collateral 1963, inclusive, $750,000 first stock common Michigan Bakeries, Inc., long-term 15, (March). Acceptance ordinated Commercial Elbeco 4% of $2,000,000 (February). Finance 1960, Thatcher 15. cumu¬ (April). March Seaboard $750,000 $25,000,000 1965, 1, March 1952 1969, (May). Michigan April due notes serial debentures $450,000 (June). 1960, $10,000,000 1980. due A (April). (Ed.) 1980, 4'/2% Corp. Acceptance Columbus Edison class $1,000,000 (January). Developing & $7,524 Fisher (May). June April due loan shares 3,000 2%% Co., Water fund an¬ fund bonds, sinking 15-year due 20-year debentures due 3%% pieferred and two shares of common stock, $30,000 $7,000,000 to East 10-year Mining shares $100) $450,000 23/4% Corp. 5% (May). $12,000,000 lc), of (May). 20,000 (par Corp. long-term loan, $100,000 shares $400,000 (March). Inc., 10-year mortgage loan, due quarterly, Arena, serially Feb. Electric 1965, $500,000 (June). shares first mortgage pipe 1980, Sentry Safety 6,009 Marion bonds due 2%% maturing notes (Febiuary). Detroit $15,- due before Dec. 28 or 1961, 1960, (June). Cleveland Delta Texas stock 3%% Cable Juan 350 period of 20 years, Scranton-Spring 4% of Co. preferred a Gas San due due $246,306 par) (May). Co., Inc., Michigan serially 234% common first Lytton Hotel, Mathieson 2%% Sons, due Insurance Co. Rome due (June). Vail end (May). due (R. Middle <H. bands trust bonds (February). (March). Claussen's C. $1,000,000 1960, Mead Corp. 334% bonds notes note, due Oct. 1, Rowe mortgage mortgage 10-vear $1C0i, $35,000 (par due first (March). 15-year stock Pipe Line Co. Rochester A, (April). Henry Mid-Continent Financial T. series (May). of secured 4V2% Co. Inc., $10,000,000 (April). C Steel $700,000 Marion first mortgage 8-year $300,000 note, Corp. bonds, mortgage • shares 3% Co. Stores, Macy C, (May). $500,000 T. pay<- series 1^50, and due annually Dec. 1, 1, Co. 4% Manufacturing Rawhide 1965, C. fund bonds, (January). $1,700,000 note, Pipeline Co. 3% first mortgage 1970, $2,800,000 (February). due A, Chicago Roanoke (January). $1,000,000 $65,000,000 Lytton's, (May). 4l/a% Cj. District first Mexico New 21,568 $5,000,000 Manor Power Inc. Republic due (February). Mills, due $10), A, (par 15, of shares serial notes due to Jan. Light & Ribbon stock $500,000 • $5,000,000 Century 2%% Co. (February). 1976, 1, Gas Star Lucky inclusive, $450,000 (May). 3'/4% Corp. Arizona series preferred $5,000,000 Lone $22,675,000 (with sinking (January). Central bonds, common 3% (March). notes dated June 1964, of Maine Public Service Co. promissory Dec. -1, to of general Light -Co. Investment & Mortgage non-convertible shares 15,000 4'/2% Co. & Corp., Ltd. 15-year 4>/4% lative Sayre Star 1965, 1965, 1, mortgage Co. 3%% Corp. 1950 mortgage (March). Power (May). $350,000 Lone (February). Corp. first $2,500,000 (June). note first Telephone $22,COO (par $1), Purex Light (March). Sound payable Co. Gas Corp. elusive, July $1,500,000 3V4% Co. $103,781 $1), (par (April). Corp. ls79, $2,.750,000 1, Jan. Lithomat bonds, trust Electric Puget (par (June). $1,600,000 Mountain E, $35,000,000 (March). Service Public $32,- (June). due 17V2-year 2%% Corp start Water stock bonds, mortgage 4% Co. Electric & $500,000 1j64, loan, capital of Telephone & Telegraph Co. due A, f long-term Mills to menrs California series 1984, (January). Dec. Lincoln first Co. Telephone Gas County 1909, 1, instalments due .in and collateral (April). mortgage $2,100,000 debentures, fund . Co. April bonds, mortgage first (April). ship mortgage bonds, (March). 1965, 1, sinking Eolt due Lea notes due promissory 3% $990,0000 (May). Euffalo 23,k% Co. $600,000 Corp. 3% Co. Wheel Telephone Lawrence (May). 1960, $8,000,000 1, sinking $600,000 bonds due 000.000 shares 24,419 1973, $175,000 1, Cross series H, first mortgage bonds, 2 '/2 % May Corp. preferred I960, clue B, Loan & inc. to due 3% mortgage 23/4% Realty $150,000 1958-1959, due notes ; 1980, 1. Sept. due bonds (April). Power March Ba.'ke subordinated 37/s% Canada, and 1950 $20,000,000 Hills due mortgage first La Corp. of Co. 1, May 1905, (March).. notes, $400,0000 serial 30-year (March). $2,000,G00 Beneficial 2%% first Inc., (March). Light Co. first mortgage Corp. Mutual Kern (May). Commercial dated 4y2% Inc., Co. Co., $2,000,000 (January). Kelsey-Hayes Products, $2,000,000 Bankers Bell & Gas 1970, (June). (par $100) of preferred stock shares 20,000 Co. (June). Hydro-Electric 19o0, Power Kaye-Halbert $2,006,000 Eangor due 500,000 $4,600,000 bonds, mortgage first 23/4% (June). Natural bonds Kansas $3,000,000 (February). Oil Co., loans, 7 (287) Kansas-Nebraska notes due 1951 to 1962, 3Vi% to fund and Roytex Co. Atlantic 12-year 2%% (March). $2,000,000 Arctic Oil Co. The Commercial and Financial Chronicle . . $418,775,000 $957,337,300 38.0 34.8 36 « 65 92 157 $326,959,904 $507,580,385 $834,540,289 29.6 30.6 302 8 (288) The Commercial and Financial Chronicle 1st 6 Mos. 1969—Number of Issues Total Year Last 6 Mos. 66 71 $418,577,500 30.7 35.3 33.2 51 76 127 $229,828,780 $450,683,000 $680,511,780 o3.8 30.8 31.8 64 53 117 $305,991,000 of $150,311,094 $456,302,094 17.1 23.3 18.7 Government Agencies issues Volume Percent of total volume 1937—Number of issues Volume Percent of total volume Farm Loan Home Loan Banks. Financing by government agencies, which formerly reached huge proportions, dis¬ appeared altogether since October, 1941, as a new policy put into effect by the Treasury at that time provides for the monetary needs of these agencies to be taken care of by direct United States Treasury issues, instead of by the sale of their own guaranteed obligations. $728,557,500 Percent of total volume 1938—Number and The total Federal the Fed¬ Credit Banks and Intermediate ♦20,000,000 Indiana 1949. in The former posals in represented and bonus of the largest dis¬ one MUNICIPAL OF FIGURES playing New Capital New Total $ $ Capital City Power & Light Co. 2%% first mortgage bonds, due June 1, 1980. Purpose, to repay loans and for construction. Price, 101.85% and accrued interest. new Offered by Halsey, & Redpath; & Co.; west New Total $ Capital Total $ Parker Auchincloss, Inc.; Co. & Co.; Baum Byrd Courts Brothersj Merrill Co.; & Palmer Co.; Patterson, Copeland & Writer & Christensen, Inc.; Wm. E. Smith, Moore <fc Co.; Stifel, Nicolaus Stix & Co.; Walter Stokes & Co.; Thomas & Co.; Roger & S. Peters. Co., & Inc.; Co., Inc.; Co.; Harold E. Wood & Co./and F. S. Yantis & Co., Inc. $ 1,391,615 234.831,046 191,710,089 1,183,976 192,894,065 114,287,748 1,697,015 115.984,763 6,286,228 555,849,668 ♦199,792,612 *4,280.719 •204,073,331 216,965,889 2,908,412 219,874,301 362,j05,5 5 2,913,516 365,819,081 174,381,015 175,490,232 942,015 631,083,118 190,274,163 630,141,103 155,594,886 1,348,104 i Stuart & K. Lynch, Pierce, Fenner & Mullaney, Wells & Co.; Otis & Co.; Pacific North¬ Pollock Refunding $ $ Geo. Dempsey Kendall, Inc.; -1948- *549,563,440 March Auchin¬ Inc.; Co. & Co.; William Blair City Securities Corp.; & 115,000,000 Kansas an 233.4"9,431 February Stuart Son, Inc.; Hill & Co.; The Illinois Co.; Mullaney, Weils Co.; Otis & Co.; Phelps, Fenn & Co.; Wm. E. Pollock Co., Inc.; Raffensperger, Hughes & Co., Inc.; L. F. Rothschild & Co.; Thomas & Co.; Weeden <fc Co. Inc.; Wheelock & Cummins, Inc., and Harold E. Wood & Co. MONTHS Refunding $• Halsey, by & a -1949- Refunding $ January BY Offered Parker & Redpath; Bache Stockton Broome & Co.; Co.; Beane; SUMMARY June Clayton Securities Corp.; First of Michigan Corp.; Gregory important role. tabulation of municipal financing by months since January, 1948. -1950 Allyn C. A. Oversubscribed. present we and Co. <fc & being carried on by municipalities throughout the nation with veterans' States bonds Below six months' period. The exceptionally large borrowings for the period is due to the tre¬ any volume of Loeb & expansion the 101.02% construction interest. & 1946. mendous repay Michigan Electric Co. 2%% first mortgage 1, 1980. Purpose, to repay bank loans costs. Price, 101.023% and accrued & due for closs, Municipal Financing for Half Year Long-term financing by States and municipalities ag¬ gregated $2,004,133,266 and compares with $1,425,092,073 to Price, Kuhn, by 30-year first mortgage short-term notes and and accrued in¬ 2%% Co. Purpose, Offered bonds volume brought out during the first half of 1980. construction. Monday, July 24, 1950 . Co., Inc. and $523,005,000 in 1948; $283,730,000 in 1947 and $529,800,000 in due new terest. & Utilities States bonds for 1950 by entities grouped under this classification aggre¬ gated $548,370,000 as compared with $505,175,000 in 1949; Financing in this classification consisted of obligations of the 113,000,000 Gulf eral 137 $309,980,000 Volume . . *65,000,000 Lone to Star 1975, 6,114,910 175,809,612 189,592,258 1,109,217 681,905 May 303,7^1, 54 14,116,294 317,907,648 ♦339,483,415 6,892,104 ♦346,375,519 182,131,201 7,982,015 334,267,106 19,6*9,105 353,916,211 314,597,763 1,387,000 315,984,763 282,917,301 2,987,312 285,904,613 1,953,661,598 50,471,668 2,004,133,266 1,409,557,152 15,534,921 1,425,092,073 1,582,038,128 17.864,873 1,599,903,001 243,999,731 1,195,000 245,194,731 117,931,456 1,972,015 119,903,471 and secured loan, due annually 1961 refunding ($55,250,000) and Placed privately with Purpose, 190,113,216 June 3% Co. Gas inclusive. April 139,694,702 for expansion 156,942,990 Prudential Purpose, Total months 6 1980. August 174,357,416 624,000 174,981,416 236,979,943 49,813,104 286,793,047 Inc.; September 313,620,097 3,985,114 317,605,211 118,485,288 1,233,913 119,749,201 & 234,119,705 3,915,412 238,104,705 273,114,973 6,047,116 279,162,089 November 229,119,705 22,014,603 251,134,308 143,665,109 2,127,905 151,793,014 December.-. 197,898,154 57,017,268 254,915,422 125,943,362 2,971,432 128,914,794 1,593,184,396 88,751,397 1,481,935,793 1,022,120,131 64,195,485 1,086,315,616 2,802,741,548 104,286,318 2,907,027,866 2.604,153,259 6 months ♦Revised Missouri Rollins Dick owners of large blocks of outstanding for some time, desiring to liquidate all or part of their holdings, prefer to do so by making a public offering of the securities have & securities involved are proceeds of the sales. receive of part no NOT REPRESENTING VSO — 194 25,010,104 NEW FINANCING 1948 33,557,503 24.442,037 __ March 1947 27,592,122 6,932,643 1948 8,624,260 ,131,100 50,533,647 & Co., Lee Richard 15,6"6,485 42 367,2 iG 49,233,458 139,002,825 53,733,669 55,123,199 82,694,972 Morris Inc.; 1°4' 1948 1947 23,"51,-7-2 23.778,285 24 234,648 41,852,919 ,15,882,167 30 4^0,349 19,380,842 26,276,816 July August 1946 — 37,214,340 15,293,4-4 20,776,075 53,989,592 —— 66,724,136 24,766,550 28,268,700 5,289,157 November— 11 3°4 7"3 10950,161 10 867,910 27,823,491 December 25,135,622 15,182,375 37,637,292 38,792,030 1' 5, *81,194 132,665,467 194,024,005 Tot. 6 Mos. 180 092,730 & Co.; & Graefe F. 350,1(5,338 232,253,704 353,172,505 603,942,615 tional Co. & give complete details of the capital flota¬ during June including every issue of any kind brought out in that month. E. of York Central maturing in to equal 1^65, Price, to Offer by RR. Inc.; 1.G2*52 Salomon Securities instalments annual inc'u ive. yield Purpose, to Bros 2.925%, & & Co., tru^t on for June Drexel from 15 equipment. new & maturity. Co.; Union Power June Stuart Purpose, rew 12,000,000 California June Corp. & & mortgage Offered Son, Inc.; truc'icn. 'first Otis series C, P-acer! Barney Co. 2%% & ;ju through mo,000,000 Columbia due for and June Water a of first compenv & for & Co., program with mortgage in part and its first a Union W. & bonds, program! Insurance II. C. ($18,500,000). bv + Co.; Sterne, Stix & Agee Co.; Share & Smith W. Tindail & Wainwright & & Co.; & & A stvne Watling, & line construction. bonds, Insurance the Co., Home Scott & series A, & Life W, Gas first due Co. Life 1, Noel 1970. nine 1, & Placed Power Light Co. 2%% J. <Kj Meeds; and 500,000). Price, ard Boston First Co. (Inc.); McLecd. Noel 101.33 & & Corp.; Wood, Youn?, Corp.; White, Struthers Weir, Pacific Kirkpalrick-Pettis & Northwest Co. +80,000,000 Price, Ha.sey, A, Watling, Lerchen & Co.; Minsch, 102 488% Stuart & Co Weeks & Harden- A. due Telephone July 1, 19G4. 3%% first Purpose, Son; & Co.; Co.; Kirk- Laird, Bissell Brothers; Turben & Co.; Sz Company; & Lehman & Henry Hornblower Illinois & Inc.; Co.; Lau¬ Co.; Paine, F. S. Webber, Stroud Corp; Co.. & Inc.; Tucker. Anthony & Whiting, & Co. Wood & Oversubscribed. Pacific Gas Electric & bonds, series construction Offered & bv The Equitable Co.; & & Dominick; Alex. & Stroud William Co.; Putnam Hayden, S. Co.; Stearns & Co.; Pressprich & to accrued Bear, Corp.; W. refunding Purpose, and Wrertheim R. Dodge Co.; Riter Miller & Co.; Dick & Co.; Dominick Co.; Co.; R. & Harden; I. & Young, & The Dickson S. The & Bruce Co.; Francis McLeod, Corp.; Weeks Heller, Milwaukee & Corp.; Hanseatic Baker, & The Co.; Co.; & Inc.; Cooley & Michigan York New 102 Marks & Co.; Phelps, Fenn & Co.; Estabrook & Co.; Havden, Stone & Company, & Lemon of Corp.; Co.; and 1976. 1, Price, Boston Clark. Sons; & Blair Johnston, First & first June Laurence M. Brown Co.; First Drexel Inc.; Co., 2%% due Securities, Merle-Smith; Weeden Co. T program. Co.; Ohio duPont Co., & Inc.; Weir, Inc.; Robinson-Humphrey Co.; F. Parker & Redpath; Baker, Watts & Co.; Courts & Co.; Faliey, Clark & Co.; Folger, Nolan Inc.; Laird, Eissell & Meeds; E. M. Newton & Co.: Pres¬ Co. can through of Balti¬ Smithers, & Co.; Corp.; a J. small The Singer, First M. Dain Marache Offered Hilliard Co.; Harris, Clark, & Hall Dodge Co.; 7"n Boettcher Monell & Co.; & I Sears, seller *1,100,000 Paul first bonds, purchase with series equipment. by The Ohio Company. •Renresents ^Indicates Farwell, Inc.; Ameri¬ Shuman, Agnew Kirkpatrick-Pettis Sullivan Chapman Ballin Elkins, & & Co.; Lee; & & Co.; Co., Inc.; Granbery, Kalman and & Co.; Co.; & & A. E. Masten & Webster Strader, bonds. Metropolitan Life Light Tavlor & Gibson; Davis, Oversubscribed. Electric placed Co.; Chace, Whiteside, Warren & Mejia; Schmidt, Poole & Co.; Inc. construction, sold Morris & Inc.; Durst, Smith's issues Swiss Co.; Brothers; mortgage issues Co., Bosworth. Hannahs, & Co.; Co.; Si. new Boyce; Newhard, Cook & Co.; Boettcher Davies Cartwright & & Scribner; Co.; Inc.; Skaggs and & Almstedt Sweney, & Al- and Raf¬ Co., & Bros. Curtiss, Hou^e Si Co.; J. J. R. & Sons; Indianapolis Bond & Share Corp.; T. H. Co.; Irving Lundborg & Co.; Stix & Co.; J. R. Williston Co.; Si & & Co.; Co.; Inc.; Slocumb Jones bv & & Companv, due Shepard Deane Scranton W. Stein Auchincloss, Hawley, Co.; Chas. ($8,- mortgage to Offered Loeb Co., & Peabody Merrill Woodard-Elwood and for Price, 101.75 and interest. ^ The Goldman, Marache & Miller Corp.; Piper, interest. Co. Co. Ripley Maynard H. Murch finance and 25,000 Geneva Inc.; Granbery, Hilliard Corp.; Dodge Dominick; Jaffray & Hopwood; R. W. <fc Co.; Salomon Bros. & Hutzler; Smith, Co.; Spencer Trask & Co.; Stone & Webster & mortgage for construction Co.; Nolan Co.; Alex. Clark, & First Hayden, Co.; Inc.; Boston Olds; & Co.; Kidder, Higginson & (Inc.); & Simmons & Co., G. H. Walker & Co.; White, Weld & Co.; Weeks & Stubbs; Dean Witter & Co.; Harold E. repay & B. Ellis & deben¬ 101.107% Dominick Folger, Kuhn, Co.; 34-year Stanley Co.; Ca.; to Co.; Quaii and through C h" and Life interest. We d I"c.; W. Son; York privately with new & William The Harriman Inc.; Curtis; Pressprich S. Purpose, ($15,000,000), for J. Blunc Barbour Co.; & Hutton Lee Securities mortgage Inc., Power accrued Co., Morgan Co.; & (Inc.); J E. Co., Mcseley & Co.; Jackson &. Co.; Co. Marks M. Barney Inc.; Corp.; & Co.; & patrick-Pettis Corp.; first mortgage bonds, refunding and Republic Co. Goodwyn & W. rence Co., Central Co.; Hall Prusb, & Co.; Richard Milliard 2%% Co. by Bramhall, Michigan Weeks; & & Inc.; Collins Herrman Corp. 1, 1980. Purpose, short-term borrowings & Virginia, New of Co., investors Co.; B. Purpose, refunding price. Estabrook Kalman sinking fund bonds, Purpose, for construction 1980. 101.4357%. J. Joyce Offered Co.; & Harris, mortgage institutional B. Telephone 1984. Baird Hallgarten cott, Light Bell interest. Sons; of Co.; Nicolaus first with Co. Insurance E'cctric June styne June privately Insurance refunding June Price, of t24,500,000 Dallas & 3Vi% J. The Brothers Blair Newhard. Cook & Co.; John Julien & First Stringfellow. program. Co; Corp. due Placed The Beneficial 2%% group series Gas Carroll & Co.; Stern Public Service Co. 2%% first mortgage due May 1, 1980. Purpose, refunding. through Central Republic Co. (Inc.). F, Co., Co.; Sachs Wheelock Natural Co.; William Mason, Co.; Lerchen W. & Drexel Co.; Shangh- Stifel, Stokes Van & Michigan Indiana accrued Brown E-lw. Si Lombardo, Inc.; Thomas Co.; Company; series Blyth Corp.; Co.; Mayer Leach; & Walter Stubbs, Lee W. Dain & Stubbs; W. D-ckson S. of Laird, Bissell & Meeds; Hammill & Robert R. Kalman & Company, Inc.; KirkpatrickPacific Northwest Co.; C. F. Cassell & Co., Inc.; privately Robert Co.; Shearson, Hammi'l & Co.; Sheridan Inc.; Sills, Fairman & Harris, Inc.; Co.; Singer, Deane & Scribner; Smith, & M. tures, due June 1, and Co., Co.; J. & Inc.; First Co.; & 60,000,000 Northwestern Co., & Kaiser Horner Seasongood Co., Co. bonds, Riter & Co.; The RobinsonMosle & Moreland; R. C. Schmertz Scott, Staats Placed Inc.; Prescott, Hawlev, Shepards Wright, Snider Co.; Raffensperger, Rambo, Close & Kerner Inc.; Rand Co.; Weeks J. & Corp.; & Co.; Shearson, S mmons; Corp.; *11,000,000 Northern Co., & Ellis & Weeden Co.; American Herrman Co.; Pettis Co.; Son & Co.; E. M. Corp.; Alfred O'Gara Hanseatic New according to maturity. Offered by & Co.; Glore, Forgan & Co.; Inc.; Lehman Brothers; Srmth, Baker, Weeks & Harden; Swiss Whiting, Dittmar & Cummins, Inc.; Harold E. Wood & Co.; Arthur L. Wright & Co., Inc.; Wurts, Du'les & Co.; Wyatt, Neal & Waggoner; F. S. Yantis & Co., and Zuckerman, Smith & Co. Oversubscribed. Co.; debentures, series refunding ($01500 000) Offered Blunt Grande Hogle Si Co.; Riter & Henry Clarke & In¬ of Stone & Webster Securities Corp.; A. C. Inc.; Hemphill, Noyes, Graham, Parsons & & Weeks; G. H. Walker & Co.; Dom'n'ck Co., Inc.; Inc.; Co.; R. ex¬ Life Co. Co., & Kcbbon, McCormick & Co.; HaTowell, Co.; A. & Co.; Johnson & Insurance Co.; Co.; & Co., Milwaukee Newbold's H. The interest. mortgage i_ife bonds, 1950-1951 subsidiary and 3% Inc.; American Securities Corp.; Baker, & Si & Bond H. Life first mortgage construction Mutual Drexel Inc.; Dominick; & Inc.; Inc.; & Co.; Boston construction Yoik bonds. Co. jnc., Purpose, interest. Er.te Co., & Corp.; Co.; Steele Freeman fensperger, Hughes & Co. Inc.; Starkweather Syst-m, 1975. construction 3%% ew W.itter Gas accrued Co. Purpose; eh Dean 1, Servi-? 1375, Si & Simon and Co. Purpose, to finance expenditures due Co. privately Tdegrnph Co. Price, 101.75% by Halsey. Stuart <fe Co. Inc. ♦1,600,000 California & Ilalsey, bmks through Interstate Offered bonds program. by mortgage Placed companies and Smith, Power lr80. 2%% Co.; Si for Hornblower Baird Sullivan Cabell Co.; M. Marache Joyce Stringfellow; Co., Paul M. more Co. & Fausct, M. Indianapolis Co.. *12.000,000 Consolidated ccn and Electric 1, construction first construction interest. Gregory EFctric for for Inc.; Norfolk; R. Prescott, pipe 2%% e. & & Co.; Si City Securities Corp.; Securities Corp.; Cohu Deetjen York Life 20-year 2%% debentures, dated 1953-1970, inclusive. Purpose, .'or due Ripley & Fitch Ohio new Co. Bosworth, Branch, Clayton B. pro¬ Co. 2.775%, Allyn and Co., George Bioren Co.; Mutual Gas and to Co.; Co. of 12 insurance Securities due In".; City ht Purpo accued Brothers & *4,600,000 Atlantic group and Co. & Ii & 1980. 101% Price, Stern 1, Inc.; Natural 1.75% Co.; Inc. PUBLIC UTILITIES due Barret, Co.. Purpose, Northwestern to The Barney & S. and Co.; Byrd Brothers; Si Co., Inc.; Chace, Marshall; John New *4,900,000 Commonwealth +$6,000,000 Arkansas and <fe Co.; C. S. Parker & Red- Inc.; Reinholdt & Gardner; & Moore certificates according to Hut"ler; Corp., and Stroud & Scott nessy & equipment of Humphrey Co.; Rotan, & Co.; Schmidt, Poole & 2%% Anderson and Harriman Cassell Granbery, Co.; Po.lock Strauss RAILROADS & Co.; Inc.; Co., & Omaha; Co.; Inc.; Co.; I. Than Five Years) & mortgage construction, and to repay bank loans. Price, to yield Blyth Co. & Co.; Pacific Northwe t Co.J Roger S. Co.; Patterson, Copeland & Kendall, Inc.; Peters, & Christensen, Inc.; B. W. Pizzini & Co., Inc.; Co., Bogan Long-Term Bonds and Notes (Issues Maturing Later & Co.; The Co.; Hughes tions & Swiss Inc.; 1970. privately 1950, 1, new Arnhold Kraus; Co.; F. Corp.; Co.; Corp. Si Wm. we and & Sears, Emanuel, and & & & Dur.'nsf June, 1950 1951 first | Northern May Hagan, Inc.; Ma.son, Moran & Co.; A. E. Masten & Co.; McMaster, Hutchinson & Co.; Wm. J. MerP-ka & Co., Inc.; Milhous, Martin Si Co.; E. W. & R. C. Miller Si Co.; Minsch, Mone'.l Si Co.; Mullaney, Wells & Co.; The Na¬ Writer Details of New Capital Flotations Si battles Co. from Kenower, MacArthur & Co.; Ketcham & Nongard; A. M. Kidder & Co.; John Kormendi Co.; Laird, Bissell & Meeds; John C. Legg & Co.; Loewi & Co.; D. A. Lomasney & Co.; Mackall & Coe; Martin-Holioway-Belcher; Mason- Palmer tSll,100,000 New 3% Co. York. +40,000,000 SmRb"rs Weeden due bonds, surance Rhodes+& Co. Co.; Co.; & Bulge Co.- C. & Foster Hutton Jones Newton Tot. cal. yr. Co.; Evans Investment D. 1950 & & Co.; & Co., Inc.; Grimm & Co.; G. C. Haas Sulzberger & Co.; Hair.ison & Co.; J. E. 155,8 5,510 225,507,038 433,918,610 & Bocttcher Clarke Co.; 29,100,2,0 170,072,603 W. A. 51,670,355 Below Co.; Service 1980. Purpose, to finance construct.on privately with John Hancock Mutual Sold Scnoellkopf, Si Co.; Courts & Co.; Cruttenden Si Co.; Cunningham & Co.; S. K. Cunningham & Co., Inc.; Curtiss, House & Co.; Henry Dahlber & Co.; J. M. Dain & Co.; Davenport & Co.; Shelby Cul'um Davis & Co.; D vis, Skaggs Si Co.; DeHaven & Townsend, Crouter & Bodine; Dempsey Si Co.; Detmer & Co.; R. S. Dickson Si Co., Inc.; John Doug as & Co., Inc.; Dreyfus & Co.: R J, Edwards, Inc.; Elkins, Clement 55,433,60,3 Co.; Ball, Bradford C. Warren Ferris June — & Co. Otis Co. line S. P. Lestrange Auchincloss, Broome & Co.; Burnham 20,643,783 21 820,93,147,746 May October Thomas & Inc.; Brothers & Co.; Wheelock & Cum¬ & Hirsch Co.; Loeb, Co.; & Bingham, Sheldon Co.; Carroll W. Whiteside, I & Co.; J. 53,842,637 4,?*2,0"6 32 769,317 Tot. 6 mos. 266,385,282 & Inc.; 60,941,347 20,315,178 64,298 510 September— Co.; Stuart & Son, Stern Placed pipe Co.; & Gregory & Co.; <x & Allison-Williams Barth Co.; 29,759,176 65,612,548 44,216,600 —— due penses. Blair, Inc.; Cooley Co.; & M. Stroud Applegate Atwill & & Stockton Co.; Co. Haupt Carl Anthony Arthurs, J. Ira Shields Inc.; Co.; Blair Wm. G. Forgan Rothschild & Peck; & Inc.; Brum F. Tucker, Geo. Bache Co.. K. of in the table below: ISSUES Ashmun path; & Such compilation Adams Bleichrceder, Inc.; Co.; Inc.: Brothers Corp.; & Burr, & Weeks; L. Co.; Stern Co.; & & Pomerov, Stri'.dwick; the offerings as these have no new issues, but we have tabulated them separately for whatever interest they may have on their own account, and present the results February & & American our Gregory & Co., Inc.; 82,060,358 2,686,218,617 Becker G. Glore, Hallgarten Otis Inc.; A. Coffin Hornb'ower & Likewise some public utility holding companies complying with the Utility Holding Company Act dispose holdings of subsidiary companies through public offerings. Similarly "sped .1 offerings" on the several stock exchanges are included with the secondary offer¬ ings in our totals since 1942. Of course the companies Co.; Inc.; Merle-Smith; Inc.; Co.; Co.; & Co. Hutton of their April & & Son, been involved. January Stearns Bear, Financing occasion that which in first mortgage bonds, Price, 101.924% Halsey, •3,250,000 Montana-Wyoming Gas Pipe Line Co. V/2% It happens on place Anderson; Electric & gram. figures. Issues Not Representing New whose & by and Harold E. Wood & Co. Gas bonds, . securities Ellis & 1975. program. Offered E. Pollock Stokes mins, Inc., Insurance Total 12 months Light Co. 2%% interest. Wm. Walter *300,000 bonds, due Placed privately. Purpose, for expansion Green, Co.; America. first mortgage 3% bank loans. repay accrued October Total to of Co. Co. Gas +7,500,000 Mississippi Power & due July Insurance •300,000 Minneapolis ($9,750,000). program & Purpose, etc. Power privately. Co., & refunding ($600,000). Insurance competitively. & Co. and RR. Wage 11- Co. 3%% ($500,000) Placed end privately Volume 172 Number 4927 *450,000 Peoples Telephone . The Commercial and Financial Chronicle . . 3 74% Corp. 1965. Purpose, corporate insurance company. an $25,000,000 Southern due California June capital Co., mortgage bonds due privately Placed Kuhn, with & Gas Co. 27/e% first mortgage & I960. Purpose, for construction, working of indebtedness to Pacific Lighting Price, 102.542% and accrued interest. OfLehman Brothers; American Securities Corp.; by Bacon, Whipple & Co.; H. -M. Phillips Co.; Corp.; & F. Hilliard & Perrin, Reynolds E. West & weather & Co.; Sutro & June Co.; & Co.; & Wagenseller & I960.. expansion Offered Robert Gas baird & mortgage acquisition of $400,000 bonds series • at Bros. Co, & G. (Inc.); Hayden, Walker H. & *,V Harris and Trust Gas 1915. 1, accrued & interest. accrued Eank Savings 2%% Co. first Purpose, interest. Robert W; and D, and due Price, Salomon Inc., 1, by Co., & The 27/a% & and First and Hutzier; & 1964. Fuel trust accrued repay, Boston of for bonds, •' > and facilities, and 101 and accrued COPPER, Co. 4% sinking Offered for other conjunction first and mortgage bonds due corporate to 100 and of Service by Dairy dated notes V ' funding Products May 1, 100% due to and June Life 4% 10-year first mortgage payable monthly. Purpose, rebank loans and for working of York New due The Life Mutual Dillon, Read stocks of Co. & White, Mills, Inc.; Weld no Stone $282,500 Arkansas & & Co. Placed Insurance note, due Oct. 1, 1965. working capital. Placed privately and Mutual 4% Corp. loans The Life Insurance 10-year for and Mutual note. working Benefit bentures Price, due to repay at I ^ June with a interest. sinking fund de¬ working capital. for Purpose, Placed privately with working an Anderson & Mutual bonds. Insurance Refining Purpose, capital. and Drilling Co. 4% mortgage notes, bank loans. Placed privately series Mutual Life *40,000,000 Sunray with privately Insurance Co. the New of of loans, Dillon Teachers York promissory lefunding Insurance & City, Insurance and Fidelity with through to 4%% from to Tamid first Nov. 1951 for 100, 1005,2 and Seligman & Co, 600,000 Missionary working *275,000 Parish of bonds. with through first C. B. The Mutual Realty mortgage Holy first 1, Ghost (St. temporary loans Life building. Insurance to Lee 1960, to W. mortgage New & pri¬ ® from ; t May TRUSTS, TRADING, HOLDING, 1951 .000.000 of 1, Co. Pennsylvania Deiroit, 1.75% to RR. Toledo 4.50%, in & collateral & costs. Corp. to & & and 200,000 Ironton according shares RR. to of Price, maturity. capital Robert stock & from F. and Unsubscribed C. Offered by Evans & Co., Woodard-Elwood S. Yantis & shares of and y' Inc.; & Co.; Inc. Co. Davenport & Co., & & Co.; Inc.; Over> A. . .., C. & shares divi¬ common Jone? & Co. Power Promptly Co. expansion placed. 585,405 for & shares Electric common of electric subsidiary, Co., a $17.50 Price, program. of acquisition share. per company for subscription by common stock • Oversubscribed. No underwriting was involved. $10). Purpose, construction by Unsubscribed Barney Allyn & and Price, shares Co.; by (20,188) Robert Company, the Aim underwritten & 8t Co., Company; in share. stock¬ per common Eaird W. Inc.; common company, $16.75 subscription for company reimburse to costs, b/ Inc.; Bacon, Gem on; First H. C. Denison Boston Co.; Farwell, Chapman & Co.; Corp.; Charles Gerlach & Co.; Gillespie Forgan & Co.; Harley, Haydon & Co., Inc.; Carter H. Harrison & Co.; The Illinois Company; Kebbon, McCormick & Co.; Loewi & Co.; The Marshall Co.; & S. Investment 162,600 by underwritten Whipple & Co.; A. G. Becker & Co., Inc.; Bell & Farrell, Inc.; A. C. Best & Co.; Bingham, Sheldon & Co.; William E'iair & Co.; Blunt Ellis & Simmons; Elyth & Co., Inc.; Braun, Monroe and Co.; Central Republic Co. (Inc.); Clark, Dodge & Co.; Gardner F. Dalton & Co.; Dayton The Wouters; McKee Wells Mason, Corp. accrued (26,098) by Smith, lor R. and subscription 5,333,869 Wisconsin Power & Light Co. 320,231 shares of Stringfellow; & for Purpose, Wisconsin Gas of for holders. com¬ and share per shares $10). (par Offered share.. Offered by stockholders. Un¬ Scott by Gas Horner C. Mason, & Patterson; & Glore, & Si son. Jaeckels, Inc.; Alfred Co.; Curtis; The Milwaukee Co.; Mullaney, & Co.; Paine, Webber, Jack¬ Company; Shields & Co.; Sills, Adoiph G. Thorsen; Ver Meule.i O'Gara Riley & & Harris, Inc.; Co., and White, Welti & Co. of Strader, Inc.; $65,838,843 & E. Price, Co. Graham, and Co. of shares 75.000 3.907«> & D. & & Co., & Alex. Inc.; The First Boston Co.; Brown & Harriman Maynard Co.; Goldman, Ripley & H. & Inc.; Co., & Son; Colgate Peabody & Co.; Brothers; McDonald & Lehman The Grant-Brownell Co.; Murch & Co.; Corp.; White, & G. Co.; Spencer H. Walker & & Weld Co., Trask Co.; Fred and & stock Electric $25(. Price, $47 Light per Offered by for and Cruttenden Neb. Utilities / preferred stock Co. <Dar & Price, Co. $105 and per The share. First Co.; for Un¬ Trust 30,000 shares of 434%f cumulative $100). Purpose, for expansion proaccrued dividends. gram. Price, $102.50 per share and Underwritten by J. J. B. Hilliard & Son; cents). Price, by workin; Graham Si shares oc Inc. Mining tive convertible Purpose, Co. 800,000 Purpose, 20 cents to equip share. per build¬ Offered written Offered by Blair, Ellis & Almstedt Erothers; company Weld & Harden; Inc.; Blunt Baird shares stock, working & 372% of series B cumula¬ (par $100 7 capital, etc. Price, for subscription by Unsubscribed White, by & MANUFACTURING 498,849 preferred stockholders. mon Co. Co. fqr additional share. per AND Cyanamid Co.; shares Bacon, (7,243) Whipple $102 com¬ under¬ & Co.; Co., Inc.; Baker, Watts & Co.; Baker, Ball, Eurge Rollins & Simmons; Co. & Kraus; Inc.; Blyth & A. William Co., G. Becker Blair Inc.,' & Si Co ; Bos worth, Sullivan & Co., Inc.; Alex. Brown & Sons; Butcher Si Sherrerd; Clark, Dodge & Co.; E. W. Clark & Co.; Richard W. Clarke Corp.; Coffin & Burr, Inc.; C. C. Collings and Co., Inc.; Julien Collins & Co.; Courts & Co.; Cruttenden & Co.; J. M. Dain & Co.; Dewar, Robertson & Pancoast; Dillon, Read & Co. Inc.; Dixon & Co.; Dominick & Dominick; Equitable First & Drexel & Co.; Corp.; Green, Co.; Francis Corp.; Securities Boston Fauset, Glore, Ellis Htdlowell, improvements. by Lincoln, INDUSTRIAL Weeks Yager, company OTHER $49,884,900 American The 2,490 shares of common for general corporate-* pur¬ share. 10 mine. for $880,000 Robert W. Co. Purpose, (par develop and & Co., Lead stock: common and Offered directly by company to public. Co.; Watling, C. Ross & of plant share. per ETC. shares 480,000 complete & Clark & Corp.; Michigan Corp.; First of Gradison Cartwright Co.; (par of ing to $1.50 Copper COPPER, Co. Purpose, capital. 160,000 Whaley COAL, Cladmetals $1). (par Inc.; Co., STEEL, IRON, $720,000 American Taylor & Co., Cassell F. W. Oversubscribed. Brock; & Securities 3,000,000 Kentucky i> & Sherrerd; Morris & Co.; Elkins, McEvoy; Co., Electric properties Union Oversubscribed. derwritten stock yield to Butcher Inc.; Clement A. Johnston, Lemon & Co.; Alex. Brown & Sons; AuchinParker & Redpath; Folger, Nolan Inc.; Goodwyn & Olds; Mackall & Coe; Ferris & Co.; Robinson and Lukens, private- bank loan per common Elyth Corp.; Union Cc. (par program. closs, Offered through 38,700 repay Co.; Light W. Sweney, debt construction Co.; & Co., Corp.; Price, $103 by company Offered Securities Company; stock trust serial bonds, stock & & Co4 7 * for Placed investors Horner Co. Richards Turben 117,030 Hartford due part E'arney Weld by Merrill Lynch, Pferce, Emerich & Co., Inc.; William Ames, and Douglas (par Paine, Webber, Jackson & Curtis; Pres¬ Shepard & Co., Inc.; Putnam & Co.; Chas. Scranton & Co.; Seasongood & Mayer; Smith, Barney Co.; Stein Lros. & Boyce;- Stone & Webster Securities Inc. L Smith, common of Offered Boenning Dulles stock 299,250 Kansas-Nebraska Natural Gas Co., Inc. 2,850 shares of $5 cumulative preferred stock (no par). Purpose to repay ETC. $2,400,000 annually on May 1 to 1975, inclusive. Purpose, to purchase $44,new 4%% general mortgage bonds, series H, of ] 2%%-4%% 1950 and of finance share. Pur- Webster Stone-& and White, shares 4..65% construction, new subscribed. holders. Galleher Kraus; & Co.; Lerchen & Construction Co., Inc., 4% 20-year loan. Purpose, for corporate purposes. Co. of America. for of $100). (par A and by Barney & Co. Company; & & Corp.; York shares 50,000 series loans 400,000 Securities part, Hawley, cott, Nongard. & Miller Higginson Corp.; Ohio ma¬ in , preferred Greene Merrill, for Placed of Co. 1, and first Colo., new The¬ 272% April to " dated . are subscription by employees. $$60,000,000 Pennsylvania to Co,; by Paine, Webster & construction. by Scott, & Power & poses. INVESTMENT Wurts, , stock common Underwritten Hayden, Miller & Co.; J. J. B. Hilliard Hoyt & Co.; T. H. Jones & Co.; Kidder, Placed privately .with Prudential Insurance $3,915,000 Co. stock, share. Offered by Blyth & Co., Inc.; Co. Collings V 10,244,588 Wisconsin $8.87 72 Natural Cleveland Co.; mortgage 1951 Denver, construct to the capitaL Co., to repay $10,construction. Price, at H. Murch & Co.; The Ohio Company; Pacific Co. California; Paino, Webber, Jackson & Curtis; Rogers Tracy, Inc.; Shields & Co.; Sills, Fairman & Harris, Inc.; Suplee, Yeatman & Co., Inc.; White, Weld & Co.; 20,000 shares of preferred stock Scott, Wheat Field, Sachs by of lnvestmept & pre¬ stock (par $5). Purpose for working capital. Price, Co.; Burge First at Co. 100 to 101, according Ziegler & Co. Dominic's, Ketcham }*2,750,000 Tishman " St. of repay Price, Purpose, vately to by while par. common stock series C (par $100). Purpose, for expansion. Price, $100 per share and accrued dividends. Underwritten by Morgan Stanley & Co.; W. E. Hutton & Co.; Almstedt Brothers; Robert W. Baird & Co., Inc.; Co.; Purpose, shares increase nard investors Sons; Curtiss, House & Co.; Drexel & Co.; Fahey, semi-annually building. Price, maturity. Offered & & C. cumulative Ball, 3i/2/7<y of to III.) Oct. due Wis., inclusive. Monroe Servants serially Purpose Offered 1965, according Braun, Waukegan, due capital. turity. * 101, Hospital, bonds, bonds 1, construction and Sisters, resa's 3 Ve % inclusive. serial May to Milwaukee, 114,848 to Pipeline Power Beane; & C. common ETC Synagogue, mortgage 1, loans repay BUILDINGS, Albert H. of Co. Branch 7,500,000 Dayton y Davis & Company; First Securities Co. of Chicago; Glore, Forgan & Co.; Hayden, Miller & Co.; Hemphill, Noyes, Graham, Parsons & Co.; Hornblower & Weeks; Jenks, Kirkland & Co.; Kebbon, McCormick & Co.; Kidder, Peabody & Co.; May¬ The , Ner at of Stone Gas Inc.; Norfolk; of J. and Eastman, H. per Inc.; repay America of July 1, bank and to privately Placed Co. due notes ($25,812,500), stock Paul Murch & Co.; Whiting, Weeks Julien Collins & Co.; and & per & & & & Blosser; Co. Gas Fairman Corp. V EI C. ($1,260,000). share. Underwritten by Scott & Stringfellow; & Strudwick; Branch, Cabell & Co.; Alex. Erown & Sons; Clark, Dodge & Co.; Davenport & Co.; R. S. Dickson & Co., Inc.; Galleher & Co., Inc.; Investment $44,475,000 $290,000 Beth $11 Blair Anderson Co. LAND, classes Purpose, Dodge Co., Wheat C. common Philadelphia. ($14,187,500). etc. Prudential 27/s% Corp. Purpose, , Strudwick; Branch, Cabell & Co.; Alex. Brown Clark, Commonwealth Buford 1970. taken are underwritten Norfolk; 810 10-year serial first mortgage acquisition of property and working Association Oil *>• York. New 4% Co. for Placed Annuity of Co. 1,626,000 & Purpose, bank per Purpose Price, Fenner J. B. The with repay Life 2,100,000 Frontier in Pur¬ Winslow, 28,250 shares of subscription & of of pro¬ Jackson California Maynard Corp.; Coke & preferred repay Edison Inc.; W. E. Euford & Co.; Miller & Patterson; Strader, Taylor & Co., Inc.; Branch & Company; C. F. Cassell & Co., Inc. and OIL to Co. Price, shares & Sons; First Straus Corp.; Co.;, Union Securities Corp. - sinking fund debentures, acquisition of properties. dividends. Natural Dickson $32,975,000 Gulf Light $103.25 $4,400,000 Toledo . institutional (par $5). subscribed Webber, Simmons; & IncJ; Co., $100). stockholders. for new of capital. for Paine, Co.; Securities Light to dends. Curtis; & group company 1979. Purpose, & Co.; Securities ; debentures, institutional Ellis loans Price, operating capital. by company to cumulative of 47c all Co. accrued Corp *$2,375,000 Delta Gas cumulative "> 10-year subordinated notes, refunding ($6,740,000), to for Corp. and Smith, stock mon shares construct.on Corp.; Harrison & Austin, Inc.; Natural $5). working-capital value City Electric Securities Glass Manufacturing Co., Inc., 3'/8% notes due Purpose, for corporate purposes. Placed through Kidder, Peabody & Co.n 1, privately Co. UTILITIES (par $100i. Purpose, ly 421,145 for Offered by company for Co.; The Ohio Company; Raffensperger, Co., Inc.; Sills, Fairman & Harris, Inc.; Stifel, Co., Inc.; Kiser, Cohn & Shumaker, Inc., .and (par pose, . with company. *4,000,000 Thatcher & Blunt Texas-Illinois $5,000,000 Rockland Co. 3'%% Inc., 1963. 1, and par insurance *-;* Corp., and Mitchum, Tully & Co, bank privately Placed Insurance Products, May | ! Offered group and Gas Jackson *2,000,000 Atlantic Co. Purpose, capital. Life and All for new !par. Offered by company for subscription by stockholders. / 343,463 Commonwealth Electric *3,000,000 Sylvania . Purpose, for expansion program. Price, $10 per Offered by company for subscription by common share per \ *1,875,000 Rowe a par Western Webber. Pacific with '( stockholders. 4Vi% 15-year expansion Purpose, Weeks; & 000,000 bank " , I 2,500,000 Associated Telephone Co., Ltd. 125,000 shares of 5% cumu¬ lative preferred slock, 1947 series (par $20). Purpose, to repay bank loans and for new construction. Price, $21.50 Co. Ebinger. Rogers & Tracy, Inc. $6). (par Eb- 3,151,800 Washington Gas Light Co. 30,600 shares of $4.25 cumula¬ tive preferred stock (no par). Purpose, to finance con¬ value par and Co., Purpose, share. per Chapman City & 11,484,800 Peoples - and 20-year 3% notes privately with the Inc., refunding. Life Ltd., Corp., for Purpose, PUBLIC America, *500,000 Purex with stated a stocks of & cumula¬ Milwaukee stock fund Mills Stubbs; struction Co. Insurance *1,500,000 Nesco, Inc., notes due June 1, 1965. Purpose, for working capital. Placed privately with Prudential Insurance Co. of ; computed at their offering prices.) > and Corp., Purpose, Benefit | STOCKS working capital. Price, at 100% privately with Metropolitan Vernon-Woodberry 1970. Mutual York privately. share. *3,000,000 Mount New $14,582,000 ferred Reid 6% of Robert. W. Baird & Co., Inc.; Co., Inc.; Harris, Hall & Co* (Inc.); F. S. & Northwest Nicolaus working capital. Price, Offered to public by com¬ interest. and 1965. Reid Service Placed and through Securities Webster 1, shares Smart, par). Cleveland Hughes & Co. and Co. May Placed (no $20.12 V2 Farwell, First The for Purpose, loans repay interest. Insurance privately due (Preferred construction accrued and of debenture bonds. 67c Inc. Purpose, 1960. 15, and Public Hornblower Equitable accrued bank 2,000 Doyle, O'Connor & Co., Inc.; Indianapolis Bond and Share Corp.; Kebbon, McCormick & Co.; A. E. Masten & Co.; 1 and for interest, *500,000 Suburban Propane Gas Corp. *17,000,000 Mathieson Hydrocarbon Chemical Corp. 3%% first mort¬ gage sinking fund bonds, due July 1, 1965. Purpose, for new Co. Charles H. 47o through The First Boston Corp. ($217,500). capital by building new 1950. reduce MANUFACTURING 1950, (8382,500), (sub- serially May 1, capital. Placed pri¬ Massey & Evans. *8,000,000 Seaboard Finance Corp. 3%7c Co. & stock Becker Pacific due sinking Growers, Inc. Finance, 1, Co. locally. McGann Securities ; & debentures Inc., 10-year subordinated debentures. purposes. Placed privately with an accrued G. The Oregon. June for Indiana Price, Co.; Co.; pany. 1, plant Price, purposes. Allen at col¬ April additions and Bolt Co long-term loan. Purpose, refunding ($480,725) and for working capital ($1,019,275). Placed privately with a group of insurance companies. • notes, 4% company with Grain to construct pose, *$1,500,000 Buffalo 600,000 Central & . "2 Corp. Co., Placed AND serial for corporate 282,000 Pendleton dated Underwritten interest. INDUSTRIAL OTHER - , j by ETC. fund improvements accrued & Co. 15-year notes, due 1965. Purpose, Placed privately with Prudential Insurance Co. Loan , Eurkholder; subseript.on by common stockholders. Unsubscribed shares (66,497) underwritten by Central Republic Co. (Inc.); Blyth & Co., Inc.; Merrill Lynch, Pierce, Fenner & Beane; The First Boston Corp.; A. C. Allyn and Co., Inc.; East¬ man, Dillon & Co.; Glore, Forgan & Co.; Goldman, Sachs Ohio Company. 47a % 37« Corp. insurance eastern / Iron & for and America. Purpose, bank loans construction interest. Co. 15-year Purpose, 100 Milner refunding. 250,000 Public lateral Corp. Purchase *1,500,000 Crowley, $534,525,000 $3,000,000 Colorado Price, name. debentures, series B (subordinated), due April I,. 1962. Purpose, for working capital. Placed privately with institutional in¬ vestors through Harris, Hall & Co. (Inc.). . 2 101.- Service Co. Bond subscribed , Moseley & Co.; ' residents 1 ' due Purchase *400,000 Contract Schoellkopf, Hutton & Pomeroy, STEEL, COAL, same v- Price, , & 12-year sinking fund Purpose, for acquisition of Ken¬ 1955 to 1957. Purpose, for working vately with The Mutual Life Insurance through Harris, Hall & Co. (Inc.). bonds Price, Co.. *2,500,000 Contract certain and first mortgage Purpose, to company, in part, the & Cooley IRON, Woodard-Elwood Inc. 1980. 102.336% Bros. and and & preferred stock (par $25). Purpose, for expansion Price, $26.50 per share. Underwritten by The t"'' 8,475,543 Northern serially to May 1, 1960. Pal-pose, to in¬ working capitaL Placed privately through Reynolds crease Placed mortgage refunding. Offered Baird Light Co. June reimburse costs. • 5% (Ohio) 1962. of Acceptance *300,000 Guardian $8,000,000 Wisconsin Power & series Inc., Russell-Long Curtis; Smith, Barney & Co.; Co. due June l, company ordinated), Miller Co., Brodhead-Garrett *450,000 Colonial & Inc.; E-all Bulge & Dominick & Dominick; Co.; par June and Corp. Co., Co.; Van Hooser & Co.; Wagner, Wilson-Trinkle Co., Inc. D. and Water Bankers & Co.; Mason-Hagan, Inc.; W. H. Yarnall & Co.; Glover & MacGregor, & interest. ^Underwritten by The Co., Co.; Natural due 42% ' Price, with $3,500,000 Wisconsin < Scott & program. Oversubscribed. tucky funds. pension Grubbs, bonds, Co. & program. privately . tive Co.; Inc.; A. electric Salomon Inc., 50,000 Kentucky & Sherrerd; E. W. Clark & Co.; Curtiss, House Fahey, Clark & Co.; J. J. B. Hilliard & Son; Co.; J. Co.; inger, gram. Co. April tion Bond H. Co., a subsidiary 101.02% and accrued Brothers; & Hall first Price, Lehman Milwaukee Witter Corp.; Clark, Dodge & Robert W. Baird & Co., Co.; Alden Security and Bond Co.; Stein Bros. & Boyce; The Bankers Becker common Inc.; Hydro Electric Co. 4% sinking fund debentures 1, 1965 (65% of issue to be retired by ma¬ turity—March 28, ls53 to 1964). Purpose, for construc¬ due & Newbold's Son & Co.; *500,000 Wisconsin t Union G. Janney & Co.; Kalman Electric & program. by W. Stearns Co.; The for Purpose Harris, Bear, & A. Securities Hutton Butcher & G. E. & Stark¬ and Corp.; Inc.; Co.; Maynard H. Murch & Co.; Newhard, Cook Co.; The Ohio Co.; Prescott, Hawley, Shepard & Co., Inc.; Whiting, Weeks & Stubbs; Baker Watts <fe Co.; Season- Inc.; Inc. Co., O'Neal waukee & Pressprich Inc.; Co., Durst, 2%% Co. Power Wisconsin interest. Co.; W. R. Harris, Securities & MISCELLANEOUS Hutzier; Kraus;' Lemon Allyn Co.; & B. Langley & Co.; Pacific Northwest Rice & & Deet- J. J. Stern, Frank & Meyer; Edw. Lowber Stokes 1, for Inc.; J. Co.; C. Irving Fairman Co.; Emanuel, & Johnston, W. & C. Johnston, Lemon & Co.; McDonald & Co.; Swiss American Corp.; Granbery, Marache & Co.; Hayden, Miller & Co.; The Illinois Company; Merrill, Turben & Co.; The Mil¬ National Day Webster & A. American W. Caldwell Marache & Co.; Stone Winslow, & Sills, Co.; of Dean Bodine; & Granbery, Hutton Co.; Electric properties Drexel L. Co.; Company; Central R. Stone Corp.; 9 Blyth & Co., Inc.; F. L. DuPree & Co.; Holton, Farra Co., Inc.; W. E. Hutton & Co.; W, L. Lyons & Co.; Merrill Lynch, Pierce, Fenner & Eeane; Berwyn T, Moore & Co., Co, & $15,000,000 Wisconsin and F. Inc.; Co.; Rayuen, Thalmann Mayer; & due Co., & Crouter Co.; « Son; Co.; Walker & Davis Co.; Moore, Leonard & Lynch; Co.; Co.; Cassell and Brothers; Byrd Folger, Nolan Inc.; Ladenburg, good Inc.; & Co., Inc.; Eastman, Dillon Corp.; Glore, Forgan <Sc Co.; Harriman Ripley & Co., Inc.; Morgan Stanley & Co.; Salomon Bros. Co.; Inc.; Blair, Rollins & Co. Inc.; Hemphill, Noyes, Graham, Parsons & Co.; Hornblower & Weeks; Lee Higginson Corp.; Dean Witter & Co.; Wood, Struthers & Harden; J. Earth turnham Co.; & Cullom Miller Lester & Weeks & Baker, Co., Townsend. jen & Co.; Hayden, & C. Shelby DeHaven Co.; & Co.; Stearns Bear, Byllesby Blyth Boston & Brothers; Hutzier; & Co.; First Sachs Securities reduction & The Lehman bonds, 1, and Loeb Co.; Goldman, parent. lered & first purposes. (289) Sulzberger Harriman Ripley Hayden, Miller & & & & Co., Forgan & Anderson; Co.; Inc.; I. duPont Steele Co.; & & Co.; Co.; The Goldman, Sachs Ilallgarten Hamershlag, Harris, Hall Borg & Co. & Co.; & Co.; (Inc.); Co.; Hemphill, Noves, Graham, Parsons & Co.; Henry Herrmann & Co.; Hornblower & Weeks; Howard, Labouisse, Friedrichs & Co.; W. E. Hutton & Co.; The Illinois Company; Johnson, Lane, Space and Co.t Inc.; -♦Represents issues Kebbon placed McCormick privately. ^Indicates issues sold competitively. & Co.; Kidder, Peabody & 10 (290) The Commercial and Financial Chronicle Kirkpatrick-Pettis Co.; Bissell & & Co.; Loeb, Meeds; W. Co.; C. Higginson Lee Loeb Kuhn, Langley & Co.; Laird, Lazard Preres & Co.; Peabody & Co.; Kuhn, Loeb & Co.; Ladenburg, Thalmann & Co.; Laird, Bissell & Meeds; Lazard Freres & Co.; Jonn C. Lehman Brothers; Car] M. _aurence M. Marks & Co.; MasonCorp.; Rhoades 6i Co.; Beane; Inc.; Rutty Scranton Co.; & Masten & & Dann Common, Lerchen & Co.; & H, B. Wertheim Co.; Walker Co.; & Whiting, Weeks & Woodard, Elwood & Co.; and & Co.; Wheelock Stubbs; Inc.; Dean & Yarnall stock , $1.25). (par for 300,000 Richmond stock Offered Stein by fequipment, working directly by company. Bros. & Kinnard $3.75 15,000 General 20 Offered by 75,1)00 of stock common John C. Legg & Corp. share. Sold 4,905,154 Mathieson of Hydrocarbon stock common and working holders Co. $11 to Unsubscribed Webster & Co., Co. (Inc.); (10,300) & Read (no 466,667 Mathieson and Hydrocarbon stock common working share to Weld Co., by Co.; Inc.; Corp. Purpose, for Co.; Stone lin Blyth 56,000 (Oscar) & Offered by company for subscription Inc., Purpose, United to fered by holders. 1,344 bu" Cities shares equipment Utilities stock common to (no loans. pany for scribed sub-rc-rinD bv ** shares (56.200) common stockholders. & Co.; G. A. Becker & Co. Inc.; Blyth & & & & Co.; C. J. J. b. ; W Week Co.; Co.; John Marks & Kuhn, Co.; E'. Loeb Laird, Bis ell Legg & Co.; & Hilliard & W. & Hutton Hirsch Co.; Lyons Inc.; & & & & Inc.; White, & Barnev Co.; Scott & & & Stringfellow; Co.; Co.; 35,987,696 Philip Co.; Stifel, Securities Corp.; Weld & (par $5t. share mon & Nicolaus Co., & Co., Ltd., P'T~ose, Of'°red b" stockholders. to repay bank for and • to Co.' Hallgarten & Co.; Tjra-'d<m J. Co E. & Hansen Co. & Kidder, capital. Price, 76,500 Tar Co. C. Inc.; Allyn & Co., Kuhn, and Co., Inc.; Loeb Inc.; & A. Harriman Co.; G. Lehman Becker Ripley & Co. & Co., Inc.; Oversubscribed. Gas Co. 1, by 20-year 1970. The 3%% Price, First sinking fund 104.53 Boston and debentures accrued interest. Corp.; Townsend, Steele & & Co.; S. K. Crouter & Bodine; Chaplin & Co.; Fauset, Co.; Kay, Richards & Co.; McJunkin, Patton Starkweather & Co.; Geo. G. Applegate Co.; Cunningham & Co., Inc., and Grubbs, Scott & Co., the account of the Philadelphia Co. Oversub¬ for Inc., scribed. & 3,482,591 Gatineau Power Co. 226,510 shares of common stock (no Price, $15.37!/2 per share. Underwritten by Merrill Lynch, Pierce, Fenner & Beane; Kidder, Peabody & Co.; Harriman Ripley & Co., Inc.; American Securs. Corp.; Arthurs, Lestrange & Co.; Robt. W. Baird & Co., Inc.; Elair, Rollins & Co., Inc.; Blunt Ellis & Simmons; H. M. Byllesby & Co. (Inc.); Central National Corp.; Central Repub. Co. (Inc.); Clark, Dodge & Co.; Clayton Se¬ curities Corp.; Cohu & Co.; Paul H. Davis & Co.; Drexel pari. 6c Co.; Francis I. duPont & Co.; Glore, Forgan & Co.; Granbery, Marache & Co.; Hallgarten & Co.; Hallowell, Sulzberger & Co.; Hayden, Stone & Co.; Hill Richards & Co.; Lee Co.; of common & Hornblower & Weeks; Arnold W. Jones & Co., Inc.; Higginson Corp.; Mason, Moran & Co.; A. E. Masten Mullaney, Wells & Co.; Newhard, Cook & Co.; Co.; Pacific Co. of California; Pacific Northwest Co.; Paine, Webber, Jackson & Curtis; R. W. Pressprich & Co.; Rein¬ holdt & Gardner; Sills, Shearson, Fairman $9 10 Inc. & Hammill Harris, Inc.; & Co.; Stroud Shields & Co., & Inc.; 220,000 class A partici¬ Purpose, to design Price, at par. Under¬ shares of Purpose, to Price, Placed 6% $5). shares of of company stock Co. of Texas non-convertible stock at (par class Finance preferred stock stock (par and capital. capital stock buy company corporations, business, Co., one A Co. $50), offered share $51 of per of (par t!70,625 Hilton 1422,500 Hotels 6% $22 Co. 10,000 share. per of Purpose, Offered of share one to Steel $42.25 I-T-E stock 13,000 of stock common Sutro 10,000 shares share. per and Co. & of Circuit i par Breaker $10). by Carl of stock common Offered by persons, firms and per share. Offered partnerships, associations^ trusts, others engaged ! '■ •' in ' (no Lehman 170,060 $25 per share. C. Collings and Casualty C. Insurance shares par) Erothers. Co. of common Underwritten Co., & 149,535 by Inc. shares of with & Sons (par $10). Price, $42 per share. Placed Transamerica Corp. through Robert 'Gar¬ for account of Commercial Credit Co.5' 353,064 Mutual of Telephone common Offered by 1,195,046 Niagara stock (no No (par Honolulu, Hawaii, 30,048 shares $10). Price, $11.75 per share. Witter Mohawk $27.12V2). Co., stock Dean & Power par). Co. Corp. Price, 44,057 shares market at Sold by The United the retail - J • 534,375 own class A account. undeiwriting involved. Northern common Offered Merrill Indiana stock by Central Lynch, Public (no issues placed Service par). Republic Pierce, Fenner drug •Represents of (approximately Corp. for its . $50 Loeb, stock . Price, M. Quickly completed. Co. Price, Barney & Co. common for Portland, Inc., 871 shares Purpose, for working capital par). (par $10) stock' (par common Offered Co. shares share. per privately public Druggists of (no shares Offered Oversubscribed. Oversubscribed. Corp. Co. Inland Smith, cumu¬ shares 1,500 common. unit. Insurance Price, Co. cumulative of units by Quickly completed. 426,500 4% working capital. the public. and of Offered share. Offered by Merrill Lynch, Pierce, $13.12V2 & Price, $100). for in Life $1). & 8,000 shares per Beane. Price, Rhcades rett 6% shares share. per Steam Boiler Inspection & Insurance Co. 3,976 of capital stock (par $10). Price, $36.50 per Offered by The First Boston Corp. Completed. shares privately. of (par $67 Oversubscribed. common shares stock shares Purpose, (par merchandise. to Placed by company to Inc., 1,500 shares $1), Price, 20,000 preferred $25). Offered par. by company. 43,550 United Wholesale to of Purpose, refunding ($57,000), and ($162,385). Price, $1 per share. Of¬ for subscription by class A common Insurance preferred and shares International 2,400 Hartford share. (par cents). for working by 145,124 non- Purpose, by common 6c to Co. loans privately. of Offered par. bank repay at par. Union Proceeds Price, Co. Lemon $34.12 V2 Fenner Co. Insurance Employees Johnston, f273,000 Grand cumulative & $4). & stock common Price. 6% (par Lemon Government of by Wood System. Employees $6,280,470 Manufacturers common of Johnston, of Co. 219,385 E. stock common of Kentucky share. Under¬ per Oversubscribed. Price, at Harold 160,800 Government acquisition Purpose, program Heel lative $3,416,190 A. March Co.; 40,000 shares preferred stock (par 25,529 Films, preferred 1 & Harris, Hail & Co. (Inc.); Stone & Webster Securities Corp.; Stroud & Com¬ pany, Inc.; Moore, Leonard & Lynch; Glover & MacGregor, Inc.; A. E. Masten & Co.; Thomas & Co.; De Haven & $10). 3,000 working capital. Securities, Inc. 8,000 200,000 State : & Co.; The Marshall Co.; McDonald-Moore & Co.; George A. & Co.; Pacific Co. of California; Corp. 125,000 shares'of common stock $65.62'/2 per share. Underwritten by Price, Blyth Co. $5). (par Purpose, $48 Otis Financial Read Offered Oversubscribed. shares shares Fay. $50). & convertible cumulative Co.; Huttoft & Co.; for (par Inc., (par Basket *2,000,000 Republic com¬ Marks Co.; Co.; Hydro-Electric equipment. & Co., by company stockholders. common I. Hemphill, Noyes, Graham, Parsons & Co.; Lazard Freres & Co.; Carl M. Loeb, Rhoades & Co.; Merrill Lynch, Pierce, Fenner & Beane; Salomon Bros. & Hutzler; Smith, Barney & Co.; Spencer Trask & Co., and Dean Witter due Co. 12,385 16,000 stock fered Hemphill, Noyes b. Hilliard & Son; Hirsch WL-cks; W. Inc., Standish expansion Inc.* ^rn^i Parsons & Cb.;'j. & Co., Hornblower & Yarnall & T. par). til,000 000 Equitable & Scribner; Smith, Starkweather & Co.; Woodard-Elwood Price, Company. Ohio stock working stock Co.; Granbery, Marache Harriman Ripley & Co. & | Co.; Leonard I. Inc.; public. 219,385 Official & Stone Moore, for equipment, inventory and working capital. Price, $10 per share. Offered by company for subscription by common stockholders. ' Haupt & Co.: Co.; (Ohio) working capital. 50 cents). a Ira & M. & & Brothers; Wm. C. Roney & Co.; Scherck, Shaughnessy & Co., Inc.; name. Hooker Food 255,290 Market < & & A. Deane & Francis Reinholdt (no Turben D. television by for for M. Corp.; by by The cumulative Co- Price, subscription Unsubscribed Goldman, Sachs Masten Merrill, Purpose, same develop and J- c- Eradford & Co.; Branch, Cabell t Xw £ &.Sons'- Burnham and Co.; Davenport ?■ £ickf°? & Co;- lnc-: Dillon, Read & Co., Inc.; EXr Eastman, Dillon & Co.; Emanuel, Deetjen & Co., T?/ V, . E. Beane; Staats Co.; Davies Co.; Co. Piper, Dillon, Graham, Co.; and Co. convertible preferred shares (7,543) underGlore, Forgan & Co.; Adamex Securities Corn.; American Securities Corp.; Bache & Co.; Bacon, Wh pple & Co.; Eaker, Weeks & Harden; J. Barth p.®?'' ®ar* Steam* *- Co.; A. G. Becker & Co., Inc.; o & & R. Porter Television, 200,000 Hammond Bros. & Securities loans. Miller Noyes, & Weld Co. $1). of written „Lehma? 3"otjers: F & The (par •150,000 Godfrey American 333,077 shares of co-^anv ■ 8,203,125 C. Oil by written & Co.; Wertheim Woodard-Elwood & Co. and Inc. Stein Swiss Hayden, Miller Singer, Co.; & & Bros. & Boyce; Stern Brothers & Co.; Stirling, & Bousman; Stracler, Taylor & Co., Inc.; Charles Taggart & Co., Inc.; Van Alstyne Noel Corp.; Varnedoe, Chishoim & Co., Inc., and Harold E. Wood & Co. Oversubscribed. Corp. 3,000 shares of common stock (par Purpose, to drill additional oil wells. Price, at par. pating Schwa- Simon Staats Anthonv & Co.; Union & Co-; Watling. Lerchen w(hite, Morris stock per ' M. Co.; & Dempsey Evans A. Sweney Cartwright & Co.; Wagenseller & Durst, Inc.; Whiting, Weeks & Stubbs, Winslow, Dougals & McEvoy, 160,000 Color Pea- Laurence William R. Brothers & Co.; Boyce; Stern Inc.; Stone & Webster ^0r?r' ,£u,r, 9' J?' & I. (Inc.); Fenner C. Cruttenden Co.; A. Boyce; Dulles company Lynch Co.: bacher R. & Stein & Marshall Pierce, & Bros. stock Beane; Smith, The W. $111,465 Brodhead-Garrett Pierce, Morgan Stanley & Co.; Maynard H. Murch & CO.; Pacific Northwest Co.; Paine, Webber Jackson & Curtis; R->u~cher, Pierce & Co., Inc.; Reinholdt & Gardner; Riter & Co.; L. F. Rothschild & Fennef Co.; Co.; Clement Morris Co.; Hemphill, Richards & Davis Laurence Masten Inc.; and Co.; Kidder, Co.; Merrill Co. Co.; G. E. Co.; per MISCELLANEOUS Co.; Ladenburg, Thalmann Meeds; Lazard Freres & Co.; L. & H. Co.; Webber, Jackson & Curtis; Penington, Colket & Jaffray & Hopwood; Rambo, Close & Kerner, & Gardner; Wm. C. Roney & Co.; A. J. Sailer & Co.; H. V. Sattley & Co., Inc.; Shader-Winckler Co.; Sills, Fairman & Harris, Inc.; Smith, Hague & Co.; (par $12.62'/2 $10,062,750 & Mason-Hagan, Price, Unsub¬ Co., Inc.; J. C. Son; & & & Rogers & Tracy, Inc.; Offered & Co.; Branch, Cabell & Co.; Alex. Brown & Burnham and Co.; Davenport & Co.; R. S. Dickson Co., Inc.; Dillon, Read & Co. Inc.; Dominick & Dominick; Eastman, DPlon & Co.; Emanuel, Deetjen & Co.; Goldman, Sachs & Co.; Granbery, Marache & Co.; Hallgarten & Co.; Harriman Ripley & Co., Inc.; Ira Haupt & Co.; Hayden, Stcne & Co.; Hemphill, Noyes, Graham, Inc. Paine, stock common Ohio Wurts, & Parsons Hill Lynch, underwritten Bradford bod" Co.; E. 300,000 Texhoma Sons; Hornblower Stone mins, by Lehman Brothers; Glore, Forgan & Co.; Adamex Securities Corp.; American Securities Corp.; Baehe & Co.; Bacon, Whipple & Co.; Baker, Weeks & Harden; J. Barth & Co.; Bear, Stearns Sears, & Co.; Hill, Richards & Co.; Harold H. Huston Jenks, Kirkland & Co.; Johnson, Lane, Space & Inc.; Kalman & Co.; Kay, Richards & Co.; Kuch & Co.; W. C. Langley & Co.; Lee Higginson McDowell Stephenson, Ley decker & Co.; Stix & Co.; Straus & Blosser; Stroud & Co., Inc.; Swiss Amer¬ ican Corp.; Townsend, Dabney & Tyson; Van Alstyne Noel Corp.; Walston, Hoffman & Goodwin; Wheelock & Cum¬ & Co., Ltd., Inc., 130,610 shares of 3.90% preferred stock (par $100). Purpose, to repay Price, $100.75 per share. Offered by com¬ Bank of New York; The Peabody & Co.; Harris, Hall Sons; R. H. Moulton & Co.; Co.; A. Goldman, Sachs & Hallowell, Sulzberger & Co.: Ham¬ Co.; Of¬ & Braun, Bosworth & Co., Inc.; The Whipple & Co.; Stroud & Co., Inc.; Ellis & Co.; C. S. Ashmun Co., and & Weedon &c Corp.; common Cruttenden & Co.; Curtiss, House Paul H. Davis & Co.; Davis, Skaggs Glore, Forgan Stein Morris cumulative bank & & Co.; $100). 13,061,000 Philip Co.; Barney & Co.; William stock¬ common of Robinson-Humphrey from share. per shares to complete and drill oil Offered by S. B. Cantor Co. Richter Co.; Schwabacher & Co.; I. M. Simon & par). advances repay Price, $56.50 subscription by for company of and Co. Pur¬ yield Offered by Bankers Parsons Co.; Pacific Co. of Calif.; Penington, Colket & Piper, Jaffray & Hopwood; R. W. Pressprich & Co.; Quail & Co.; Raggio, Reed & Co.; Reinholdt & Gardner; Reynolds & Co.; Riter & Co.; The by dated to Inc.; Fauset, Steele & Co.; The First Cleveland Corp.; First of Michigan Corp.; Grubbs, Scott & Co., Inc.; Hallowell, Sulzberger & Co.; Hayden, Stone & Co.; Hemphill, Noyes, Graham, Co.; employees. 75,936 Metrogas, 98,000 Lynch; F. S. Moseley & Co.; Mullaney, Wells & Co.; Newburger & Co.; Newhard, Cook & Co.; Alfred O'Gara & Co.; Co., Inc., 25,000 shares of common Purpose, for working capital. Price, $10). share. & Sons; & Co.; Inc.; Inc.; Price, City Kidder, Brown Bacon, Paul duPont by Hallgarten & Co.; Lunt; Harris, Hall Moore Corp. (par & Merrill Tennessee Gas Transmission Co., the latter company agreeing to purchase such shares as are not purchased by the Trustee. Underwritten by Tennessee Gas Trans¬ per Mejia; Co.; Kuhn, Loeb & Co.; Lee Higginson Corp.; Lehman Brothers; S. R. Livingstone & Co.; Loewi & Co.; McCourtney-Breckenridge & Co.; McDonald & Co.; McDonald- of $12 Weedon Hayden, The Co., Whiteside Crowell, Co.; Hornbiower & Weeks; Janney & Co.; Jonks, Kirkland & Co.; Johnson, Lane, Space and Co., Inc.; Johnston, Lemon & Co.; Kay, Rich¬ ards & Co.; Kebbon, McCormick & Co.; Kidder, Peabody of & Co.; H. Corp. share. per Da vies & Mejia; Parsons construction National bonds inclusive. Metal Products Co. 426,000 shares of common stock (par $2). Price, $20 pfer share. Underwritten by Reynolds & Co.; A. C. Allyn & Co., Inc.; Auchincloss, Parker & Redpath; Bache & Co.; Baker, Simonds & Co.; Ball, Burge & Kraus; Bateman, Eichler & Co.; Baumgartner, Downing & Co.; Bioren & Co.; Blunt, Ellis & Simmons; J. C. Bradford & Co.; H. M. Byllesby & Co., Inc.; Caldwell, Phillips Co.; Julien Collins & Co.; common Dayton & Gernon; Dempsey & Co.; Dempsey-TegeCo.; Detmer & Co.; Doolittle & Co.; Douglass & Co.; Co.; Re¬ shares & improvement American Purpose, Underwritten Garrett Hvdrocarbon Chemical Corp. 56,000 shares of stock (par $1). Purpose, for construction and capital. Price, $10 per share. Offered by com¬ for subscription by The Trustee of the Thrift Plan stock of Francis I. duPont & Co.; Emanuel Deetjen & Co.; Farwell, Chapman & Co.; The First Boston Corp.; First California Co.; The First Cleveland Corp.; Foster & Marshall; Robert working 300,000 Mayer shares Co.; ler & sub¬ Central new Price, $3 Crowell, Transmission & Oil Oil Corp. 750,000 shares of Purpose, to repay bank loans. & Co.; common mission 1,120,000 Co., Inc.; Bing¬ 560,000 Mathieson pany Corp. ham, Walter & Hurry; Blair, Rollins & Co., Inc.; Bosworin, Sullivan & Co., Inc.; J. C. Bradford & Co.; Brooke & Co.; Butcher & Sherrerd; H. M. Byllesby & Co. (Inc.); Caldwell Phillips Co.; Central Republic Co. (Inc.); Chace, Whiteside, Warren & Sears, Inc.; Julien Collins & Co.; Price, $10 per share. Offered by subscription by its officers and employees. by Mathieson Chemical Corp. Underwritten $8,520,000 Eastman, Dillon & Co.; A. C. & Co., Inc.; Ames, Emerich & Co., Inc.; Bacon, Whipple & Co.; Bateman, Eichler & Co.; Battles & Co., Inc.; Bear, Sterns & Co.; A. G. Becker & & Chemical $1). ' ahd Allyn stock¬ for company Gas consolidated Issues Not Representing New Financing Purpose, for working capita). Pr.ce, Offered by Tellier & Co. "as a specu¬ (par 10 cents). $1). capital. for company (par cents). share. 9,468,750 Sunray construction new 1.60% of) Co; Nolan, Co., wells. shares 1.35% 1953 to 1965, improvement purposes. Alex. Chace, Com¬ OIL Co., Inc.; The First Boston Corp.; Havden, Stone & Co.; Kidder, Peabody & Co.; W. C. Langley & Co.; Lehman Brothers; Paine, Webber, Jackson & Curtis, and Union Securities Corp. 560,000 Equipment (par 5 stoc,k per The Trust (Inc.); Illinois Fully subscribed for. $294,000 Montana-Canadian par). underwritten White, Sullivan Dillon, by Tennessee Corp.; Bo'worth, Vietor, 25,675 shares of common stock (par for working capital. Price, $9.50 per share. (par $11.42 Co.; Co. & & Corp. Offered of shares Securities Inc.; public public. stockholders by & Chemical about Banks 1.70%, according to maturity. Folger, sold. All share. stock common $1)1 Purpose, for Price, $10.50 per (par capital. and scription shares of 21,568 working capital. Price, to a private investor. to Weeden and Credit due annually various Northern 6c at & •103,781 Kaye-Halbert Corp. 24.419 shares of capital stock (par $1). Purpose, for working capital. Price, $4.25 per share. Placed privately with a small group of individuals. for common Price, 300,000 Tinnerman Products, Inc. 30,000 shares of common stock (par $2), Purpose, to increase working capital. Puce, $10 per share. Offered by McDonald & Co. Co. for 1.00 $88,528,032 shares 1950, pose, Electric Co. 8,500 shares of common stock (no to establish a new plant arid for working Price, $33 per share. Offered by Paul H. Davis & cents per lation." employees' savings plan. Purpose, of capital. Doolittle & Co. by (Territory 1, Trust shares working New- States Possessions Hawaii to company for subscription by certain officers 25 •100,000 Globe-Union, Inc., 10,000 shares of capital stock (par $5). Purpose,"'for general corporate purposes. Price, $10 per share."*' Sold to trustees of company's profit-sharing and •246,306 Lithomat 150,000 ior 1951. ($17,- Macdonald G. dated June Purpose, stock 140,000 General Glaze Corp. 25,000 shares of 5% non-cumulative preferred stock (par $5). Purpose, for organization ex¬ penses, equipment, etc. Price, $5.60 per share. Placed through Corp. 2, money agent. Intermediate United $5,000,000 and Offered Co. for working capita], etc. Price, at semi-privctely through John C. Legg & Co. semi-privately lacilities production by consolidated April new $52,520,000 (par $5). capital. pan. Purpose, Placed by 280,000 Television Yeatman Wat- Corp. Purpose, 280,500 Sangamo Boyce. Suplee, add,t.onal stock common fiscal due and Offered par. 1.40% and Anthony Co.; Weld & Co., Appliance Corp. 13,250 shares of common Purpose, for working capital. Price, $6 Offered key employees. speculation." a Glaze Corp. cents). par. share. per "as Inc., White, at York Banks 1950 July 3, 1950 and due Dec, 1, 1950. Purpose, refunding. Price, at par. Offered by Macdonald G. Newcomb, New York fiscal agent. by Edgerton, Wykoff & Co. Cable Offered 187,500 General Computing Machines Corp. 50,000 shares of com¬ mon stock (par 1 cen'). Purpose, for working capital, etc. Price, Walker & New Federal 3, ($10,290,000), Dann & Co. Rome $5i. Otis. & H. Co.; Price, Purpose, $li. (par share. per 243,913 53,000 Gearko, Inc., 106,000 shares of common stock (par 1 cent). Purpose, for new equipment, working capital, etc. Price, 50 cents per fhare. Offered semi-privately by Gearhart, Co., Offered stock Co.; Oversub¬ 191,376 Claussner Hosiery Co., Inc., 15,948 shares of common stock (par $5). Purpose, for corporate purposes. Price, $12 share. $2), 79,500 Roberts-Gordon & 299,970 Bulova Watch Co., Inc., 9,090 shares of common stock (par $5). Purpose, for working capital. Price, $33 per share. Offered by company to certain employees. per Tucker, Coip.; G. & 10,000 shares of Television (par par. new Offered par. Corp.; $7.25 per share. public by corporation, without underwriting. 240,000 shares of class A common Purpose, Price, at etc. American Wertheim Monday, July 24, 1950 . Credit July Price, debentures Woodard-Elwood & Co. mon, capital, Swiss Securities fc Co.; Purpose, to purchase for working capital. Watling, Co. & comb, 24,725,000 Co.; Stein Bros. & Boyce; Stein Brot lers & Co., Inc.; Stone St Webster Se¬ 72,500 Remington Corp. scribed. 300 000 BloKoIGas Svstem, Inc., Union dated refunding 505,000). Nicolaus Corp.; Co.; and Cummins, & Witter Stifel, curities Sills, Co.; & Co.; l.ng, Lerchen Inc.; Agnew Purpose, Co.; William R. Staats Intermediate debentures Co.; L. F. Rothschild & Co.; Bchwabacher & Co.; Scott & I. M. Simon & Co.; Smith, Barney & Co., & . Farm Loan and Government Agency Issues $27,795,000 Federal Stringfellow; Pairman & Harris, Inc.; Singer, Deane & Scribner; Smith. Barney & Co.; 8mith, Moore & Co.; F. S. Smithers & Co.; William R. Staats Co.; Stone & Webster Securities Corp.; Stroud & Co., Inc.; Spencer Trask & Co.; Tucker, Anthony & Co.; Under¬ wood, Neuhaus & Co.; Union Securities Corp.; Vietor, Shuman, Northwest & Co.; Mason Paine, Webber, Jackson & Curtis; Rauscher, Pierce & Co., Inc.; Reinholdt & Gardner; Riter Salomon Bros. & Hutzler; Chas. W. Co.; Shearson, Hammill & Co.; Shields & Co.; Co., & E. A. W. L. Lyons & Co., Laurence M. Marks & Hagan, Inc.; Merrill Lynch, Pierce, Fenner & Morgan Stanley & Co.; Maynard H. Murch & Co.; Pacific McDonald & Co.; Merrill Lynch, Pierce, Fenner & Beane; Merrill, Turben & Co.; Mitchum, Tully & Co.; Moore, Leonard & Lynch; P. S. Moseley 6c Co.; Maynard H. Murch & Co.; Newhard, Cook & Co.; The Ohio Company; Pacific Northwest Co.; Paine, Webber, Jack on & Curtis; Piper, Jaffray & Hopwood; Presscott, Hawley, Shepard & Co., Inc.; R. W. Presprich & Co.; Putn-m & Co.; QuaJl & Co.; Rauscher, Pierce & Co., Inc.; Reinholdt & Gardner; Reynolds & Co.; Riter & Co.; Rotan, Mosle & Moreland, Inc.; Sage, Hagan, Legg Co.; . privately, vindicates issues sold competitively. •(Indicates special offering. Co. Price, Co.; & Blyth Beane. i 25,000 $21.37V2 & , . i . shares per Co., - of share. Inc, and { Number 4927 Volume 172 . 50,000 shares of share. Offered Republic Co.; Blyth & Co., Inc., and Merrill Public stock common Service par). Indiana 1,050,000 Northern Price, $21 (no by Central Lynch, Pierce, Fenner per 415,000 Prophet (Fred B.) 40,000 shares of common stock Price, $10.37'/2 per share. Offered by Smith, (par $1). Hague & profit Contmon Erie Light (par & of common Offered by Co. 6,000 shares $9.75 per share. Power & Price, $10). Oversubscribed. Inc. Co., Pacific Coast Securities Co.; Straus & Blosser; Johnson & Co.; Sills, Fairman & Harris, Inc.; Inc.; Co., H. R. and Corp. Manufacturing stock for & Co. shares of common share. Offered by 50,000 990,000 Stuart Co. 99,000 shares of common Price, $10 per share. Underwritten by Period End. stock (par $1). William R. Staats Co. stock Price, $5). (par Corp. 7,000 shares of common $18.12»/2 per share. Offered by Corp. 12,365 shares of Transmission Gas stock common Offered by Smith, $19 per share. Price, (par $51. stocks.—V. 172, Collings and Co., Inc.; Elkins, Morris & Co.; Equitable Securities Corp.; Clement A. Evans & Co., Inc.; First Securities Co. of Chicago; Glore, Forgan & Co.; C. taxes— The Ohio Company; $80,368 I$29,528 §$4,030 $111,704 246,574 246,739 246,574 $0.12 $0.01 for loss investment, on Rupe Inc., The this of that subsidiaries.- reports Company 1,240,820 1,240,820 $0.56 $1.01 earnings This is taxes. received 14 of notice a first the for Fort half for the share Wayne See six per Electric 202,000 Wisconsin Power $10). Price, (par Co. 10,000 shares $20.20 per share. Price, of common Offered by Blyth & Co., Inc. of 86 cents 170, 2024, p. —V. 171, Frontier Refining Co. special tIndicates issues serial - Bonds Placed Privately—The fi¬ 10-year has announced completion of a long range program first mortgage used to pay the balance due in connection with the purchase of a government refinery at the company's refining properties in Cheyenne, Wyo. The remainder of proceeds were added proceeds The „ were capital. working the authorized preferred stock by 3,500 shares of 5% preferred stock (par $1001, which have been retired, and authorized the issuance and sale of the above men¬ tioned $2 100.000 of bonds, under an indenture with United States National Bank, Denver, Colo., trustee, dated March 1, 1949.—V. 170, stockholders The p. June on 23 voted had offering, competitively. \ •Earnings per 'After 1993. p. ' ' J , 1<>50—Month—194;> Period End. May 31— Net expenses taxes $5,950,581 356,009 4,388.044 4,208,131 $118,161 _ income (net) income $5,596,095 $478,830 389,726 $122,821 $1,562,537 $1,387,964 1,236 725 20,098 23,256 $123,546 $1,582,635 $1,411,220 and _ Utility oper. 1950—19 Mos.—7 04O $507,887 revenues Operating — income 22,447 6,014 268,088 $96,950 $117,532 $1,214,547 $1,266,029 of Treasurer as dividend 67,500 67,500 $1,247,047 $3.14 p. shares share—381,994 2608. Period End. May 31— Oper. exps. taxes—._ & Exploration 1950—Month—1949 1950- -12 Mos.—1949 $2,310,315 $30,790,251 2,131,229 1,587,038 22,306,422 15,484,306 1,469 10,269 370,316 16,770 $809,589 $713,007 $8,113,513 $9,693,312 29,373 income Gross ; Federal , 33,111 475,598 131,627 Other $746,118 $8,589,111 $9,824,9^9 267,643 240,468 2,999,550 1,913,961 131,000 114,339 1,228,914 2,437,041 $391,312 $4,360,648 $5,473,936 78,988 34,479 629,244 413,750 (t inpome requirem'ts for preferred $361,337 surplus and —V. stock for com. divs. Balance 171, p. $356,833 $3,731,403 $5,060,186 2608. Elgin, Joliet & Eastern Ry. company wilt Wall has called for Co.—Partial Redemption— redemption on Sept. 1, 1950, out of the sinking fund, $127,000 of first mortgage 3 W % bonds, March 1, 1970 at 104% and accrued interest. Payment be made at the office of J. P. Morgan & Co. Incorporated, 23 Street, New York 8, N. Y.—V. 172, p. 10. '' moneys series A. chgs. after and 1949 1948 $11,072 $102,530 307,071 earns, $5,768,788 24,711 $586,316 $4"0 115 $3,870,497 1,098,462 $5,793,499 786,673 (net) — 101,311 amortization & Preferred 2,550 41,245 40,028 *$49l,C3G $383,555 $5,730,790 $4,966,798 requirements..*!. dividend to Common Earnings per outstanding shares —V. 924,600 ; 329,061 $234,724 386,423 1950 taxes— in due $1.71 1950 1949 1948 $495,381 $413,397 $412,895 .'361,286 328,441 328,441 $1.11 $0.97 $0.97 after taxes profit company record date total is preceding record tEarnings —V. 172, Stockholders— reports it had 249,418 stockholders as of June 16, dividends payable July 25. fewer than the 250,075 on file March 17, the date.—V. letter recently filed with SEC there v/as for the purpose of drilling a Southeastern Utah, etc., which have not been sold although the company is at present anticipating a deal with a party to sell 500,000 shares at 10 cents per share, less 20% commission, in Ncvaca. to endeavor to finance the drilling of said of wells. test stock shallow See 172, V. offered be to wells test in 196. p. Corp.—June Stores —V. 172, p. will 171, due together made be on Aug. 21, 1950, all of its 3'/2% July 1, 1966. Payment of 102% of the with interest accrued to the redemption The Chase National Bank, New York City. redeem will debentures, amount date Paper Corp.—Calls Debentures— Pulp & fund —V. 6%— 11. corporation principal Sales Increased 1950—6 Mos—1949 $2,116,839 $13,533,448 $13,813,244 1950—Month—1949 $2,243,957 Sales at 2196. p. IIupp Corp.—Acquisition— 1950—3 Mos.—1949 The 1950—6 Mos.—1949 $5,472,800 $11,830,100 $10,385,400 $5,996,300 1,403,900 1,019.243 3,180,200 1,039.971 2,547,800 1,019.248 Earnings per com. share $1.59 $1.33 $3.06 $2.50 , income 1,650,200 taxes. -V. General Telephone Corp. I 171, p. 1784. corporation — Unsubscribed Stock Pub¬ & Webster Securities -Corp. and Mitchum, Tully & Co. and associated under¬ writers. The offering represents the unsubscribed por¬ tion of the 199,350 additional shares which the corpora¬ tion offered to its common stockholders early in July at $25 per share at the rate of one share for each six shares held. The subscription rights expired July 19. Webber, Jackson & Curtis; Stone of the new investments in stock will be used by company to of subsidiary the stock equities companies in connection with their 1950 construction programs. Giving effect to the sale of the additional common stock there will be outstanding 1,395,441 shares along with $10,000,000 of funded deht and 206,918 shares of 4.40% preferred stock of $50 par value. See also V. 172, pp. 195 and 108. common July on 19 announced the acquisition of all the stock of Ackerman-Blaesser-Feezey. Inc., Detroit manufacturer window regulators. The price paid was not disclosed. capital automobile of —V. 171, p. 2304. Indiana Associated Telephone Period End. May licly Offered—Public offering of 43,078 shares of common stock was made on July 21 at $25.25 per share by Paine, its notification of of shares couple Co.—Earnings— 1,039.971 Increase $1.77 $2.34 108. p. the 700,000 172, p. 108. shares outstdg. profit proceeds 1950—6 Mos.' -1949 $0.87 $1.33 share_ com. per Inc.—Earnings Higher— 1950—3 Mos.—1949 Period End. June 30— Earns, , shares representing 10% stock dividend paid on tAfter preferred dividend requirements.—V. 172, p. 196. 32,845 1950. sinking for sales Federal share common per .'Includes t 657 General Portland Cement Common outstanding shares Hudson General Electric Co.—Has Fewer Net 2,461,299 171, p. 2400. The The . . share common 753,000 $4,213,798 . ; stock common $4,806,190 2,719,899 $1.77 k ' " Applicable 74,010. 2,769 income———_ Net 1667. 171, p. The This $6,857,993 12,504 deductions—! Operating $838,968 $440,325 Federal income tax Dividend 17,718,812 $456,362 3,753 Period Ended June30— before tax deductions income inpome Net 19,490,121 $585,272 1,044 10. Six Months Ended June 30— 'After Total p. Tonnage 'Net income 172, Period End. June 30— develop¬ & Balance Other 1,470,867 revenues— income Interest $25,194,388 costs ment 1,681,465 Howard The (Del.) (& Subs.) —Earnings— $2,942,287 revenues may Gauley Mountain Coal Co.- -Earnings— the El Paso Natural Gas Co. 884. Hi-Gravity Oil Co., Inc., Salt Lake City—Financing— group be varied from time to time at their discretion. The originally took down 226,510 shares out of 340,000 shares price syndicate —V. p. 1950—12 Mos.—1949 $1,927,229 $26,348,114 $23,487,600 $2,266,7. 7 Balance $1,198 529 $3.26 requirements— applicable to com. stock and surplus per underwriting offered—V. Net $2.52 170, taxes_ Hercules Powder Co., the appointment of John B. announces headed by Merrill Lynch, Pierce, Fenner & Beane, Kidder Peabody & Co. and Harrinian, Ripley & Co., Inc., on July 19 announced they are offering 140,000 unsold shares at $14 per share, with a concession of 80 cents per share being allowed to members of the NASD. The underwriters also stated that the offer¬ ing 145,190 deductions income Operating requirements.—V. 1950—.i nth—1949 31— revenues oper. Other Gaiineau Power Co.—Stock Offered— $119,398 Operating 171, $2.10 share common Oper. expenses & June 30, this company and of National Lift Co. of Waukesha, Wis., a wholly owned subsidiary. He has been Assistant Treasurer of the company since 1946.—V. 171, p. 2399. Electric Co.—Earnings— Paso 640,017 Gulf States Utilities Co.—Earnings— Inc.—New Treasurer— Fisher, President, F. Edward 1950—6 Mos—1949 $11,494,065 $10,667,151 $55,355,515 $59,325,063 —- 171, An 1949 $1,649,907 640,017 : preferred dividends Period End. May In Earnings 1950 $1,364,610 * charges outstanding ' Net Sales Rose 7.7%— 1950—Month—1949 Period End. June 30— Gar Wood Industries, Corporation and (Continued from page 2) —V. shares (Walter E.) Heller & Co.—Earnings— Sales— Investment News Balance p. Common 105. Gray Preferred Equipments— be 108. 172, Common sold General Net 1950—5 Wks.—1949 1950—18 Wks.—1949 $14,923,695 $14,166,257 $52,177,939 $45,147,934 Six Months Ended June 30— with the sale of $2,100,000 4% bonds to Teachers Insurance and Annuity Association of New York City and Fidelity Mutual Life Insurance Co. of Philadelphia. nancing —V. Income Co.—July Sales Up 13.3%— received by the company, at Room 905, 2 Wall St., Y., at or before noon (EDT) on Aug. 2 for the purchase from it of $14,130,000 equipment trust certificates, reries of 1950, to mature in 30 equal semi-annually instalments beginning on Feb. 1, 1951, and ending Aug. 1, 1965. The certificates are to be secured by new railroad equipment costing not less than $17,688,000. Such new railroad equipment will consist of 26 Diesel-electric single-unit locomotives, 21 of various 1500 hp. Diesel-electric freight and passenger locomotive type "A" and "B" units, 38 sleeping cars and 40 of various other passenger train cars.— a — $1,180,535 $1.09 N. Operating company 4 2400. p., will Bids 1,000 shares of 6% cumulative preferred 10,000 shares of common stock (par 20 cents) and 1948 1949 t$800,684; $0.75 , requirements and based on combined and 940,858 shares of class B stock.— Great Northern Ry.—Bids for covering Gamble-Skogmo, Inc.—June Gross of class A stock Six Months Ended June 30— flndicates Other dividend preferred Sales Sherwood, Ore.—Files With SEC July 8 filed on Atomic Energy Griesedieck Western Brewery Co.—Earnings— letter of notification with the SEC stock (par $100) to be offered in units of one preferred share and 10 shares of common stock at $101 per unit, without underwriting. The proceeds will be used to pay off mortgage and for additions, plant facilities and equipment. company the 1950 $795i,383 $0.75 ' Net profit after taxes and The stock from (& Wholly-Owned Subs.) — taxes share Grand Union Inc.—Exchange Offer— $51,670,355. El after per V. 195. months period.—V. year the increase 345. p. Period End. July 1— above.—V, 170, p. 982.J City Stores Co. Frontier Leather Co., Inc.; 5,000 shares of common stock. share. Offered by Coffin, Betz & Co. profit New York, fractional increase over earnings for the same Franklin Simon & Co., to capital 171, p. 360. from rights to subscribe to postponed.—V. 172, p. been period in 1949 and does not include earnings by the company's affiliate, the Southern Paperboard Co., which are approximately $1.23 the 150,000 shares of Corp. 168, Six Months Ended June 30— Net 1,255,116 outstanding after deduction of all reserves including share common Federal 689,132 Corrugated Paper Co.—Earnings— Fort Wayne the July on proposed offering the stock has common proposal plant for chemical processing $500,000 a ,'.Earnings V. 759,541 1,240,820 $0.61 Exchange Stock York New a shares of Earnings— Offering Postponed— corporation holders Value of Shares— approved 224,444 reported that the company has been awarded a contract also build 1950—6 Mos.—1949 $9,313,614 $14,789,389 $15,232,545 637,839 1,240,820 $0.52 taxes— share per Stock Son; Co., 13 outstanding $20 per share. It was to June on the of Commission.—V. 1950—3 Mos.—1949 outstdg— shares Earnings H. & & 61,250 Ultrasonic stock whollyrowned in. $9,285,484 — profit after to $12.25 §After provision Fedders-Quigan Corp.—Earnings— Pacific Co. of Davis & Co.; First Southwest Co.; Stifel, Nicolaus & Co., Inc.; R. A. G. H. Walker & Co.; Bacon, Whipple & Co.; The First Cleveland Corp.; Bateman, Eichler & Co.; Blunt Ellis & Simmons; H. M. Byllesby & Co. (Inc.); Kalman & Co., Inc.; Schneider, Bernet & Hickman; Straus & Blosser; Sanders & Newsom; Under¬ wood, Neuhaus & Co.; R. J. Edwards, Inc.; Judson S. James & Co., and H. I. Josey & Co. Paul Co.; Underwood , to 'After Period End. June 30— common stock (par $2.50). Price, $13.62V2 per share. Under¬ written by A. C. Allyn & Co., Inc.; Dittmar & Co.; Rauscher, Pierce & Co., Inc.; Blair, Rollins & Co., Inc.; Merrill Lynch, Pierce, Fenner & Beane; Dallas Union Foods, stockholders value $0.45 iProfit. tLoss. $16.71 2.00 share share 1784. Girdler Corp.—Increases Stated 2313. p. Sales holder. Trust common 171, p. 87,762 shares Webber, Jackson & Curtis; Rogers & Co.; Sills, Fairman & Harris, Inc.; Suplee, Yeatman & Co., Inc.; White, Weld & Co.; Winslow, Douglas & McEvoy; Woodard-Elwood & Co.; Wurts, Dulles & Co., and F. S. Yantis & Co. Inc. Oversubscribed. The proceeds went to Cities Service Co., the selling stock¬ (Mrs.) $26.11 3.32 preference per 1,169,670 $4,702,332 67,050 246,739 Nil share per 169, Inc.; Shields & Dallas per —V. Paine, California; 2,043,750 Tucker's 178,754 T$55,046 charges and Federal taxes. V. Parsons & Co.; Kebbon, McCormick & Co.; Kidder, Peabody & Co.; MayMurch & Co.; $3,315,746 1,177,728 $7,349,011 period for Earned 1950—12 Mos.—1949 §4,030 4,742,372 lorc.gn earnings— unrealized against $17.50 $3,140,727 *607,350 6,136,234 _ income The 19,200 — outstdg. shares 'After Hayden, Miller & Co.; Hemphill, Noyes, Graham, & Co.; Hornblower & Weeks; Jenks, Kirkland nard H. taxes Earned appointed 546,279 and excess prof¬ domestic income and 1949 $15,209,252 $11,221,725 ... stated $839,044 T48.728 55,046 income Earnings Edison Co. 302,075 shares of common stock (par $5). Price, $11 per share. Offered bv Merrill Lynch, Pierce, Fenner & Beane; Ames, Emerich & Co., Inc.; William Blair & Co.; Boenning & Co.; Butcher & Sher- Tracy, its 195. P. Barney & Co. C. been 1950 operations Glenmore Distilleries Co. 13,322,825 Toledo rerd; has 1950—3 Mos.—1949 taxes inc. income Capital Blyth & Co., Inc. 234,935 Texas York New $781,793 Capital Transmission of Co. Trust April 30— before Federal Net Gas Foreign Provision 1784. of Sales Protit of 90,750 Standard Dredging Corp. 33,000 shares of common stock (par $1)1 Price, $2.75 per share. Offered by Straus & Blosser. Quickly completed. 126,875 Texas Midland $1,600,000 value) par 'Net $1). Price. $13.87V2 per Quickly oversubscribed. (par Allen $3.72 Exchange Buffet Corp.—Earnings— Stanley t693,750 Shelter from Profit Depreciation Martin & Herzberg, Inc., Securities Corp.; Odess, Pelz & Co. Clayton 342,693 $4.47 first mortgage bonds dated as of June 1, 1950, and has been appointed transfer agent for the common (25c par value), first preferred $100 par value) and second preferred ($50 893,600 Rosefield Packing Co. 111,700 shares of common stock (par $3). Price, $8 per share. Underwritten by Ste¬ phenson, Leydecker & Co.; Barrett Herrick & Co., Inc.; Edgerton, Wykoff & Co.; Grande & Co., Inc.; Kalman & 355,289 $1.80 (Del.)—Trustee for Bonds, Etc.— Forge Co. Marine The Rockland 1,402,153 431,972 outstanding 1,703,184 preferred dividend requirements.—V. 171, p. trustee Blyth $13,480,706 $12,587,313 848,882 charges Net (par $10). Co. Over¬ subscribed. stock and taxes shares 'After 99,900 Rhodes, Inc., 7,400 shares of common stock Price, $13.50 per share. Offered by Courts & after 'Earnings per common share_+ Co., and Straus & Blosser. 58 500 $13,270,960 sales Net 6 Months Ended June 30— 1943 1949 1950 6 Months Ended June 30— Net 11 Gillette Safety Razor Co.—Earnings Higher— Elliott Co.—Earnings— Co. & Beane. (291) Chronicle The Commercial and Financial . . Operating Operating Rent of Net expenses 171, $1,355,745 $379,620 $2,044,077 $1,352,034 285,698 1,564.253 1,377,058 3,711 50 250 254,466 244,610 $44,731 $225,108 $230,116 1,955 income charges 250 49,141 $29 644 taxes 50 2J.1C4 prop operating after —V. — $2,048,173 4,096 374,3-3 rcv._ revenues oper Operating Net oper. ^ 1950—5 Mos.—1949 $425 136 revenues Uncollectible Corp.—Earnings— 1950—Month—1949 $425,978 $380,331 852 761 31— 23,661 86,554 148,484 2511. p. Industrial Rayon Corp. (& Subs.)—Earnings— Period End. June 30— Fed. income Net income 'Earns, per •Based on - 1950—3 Mos.—1949 • 11950—6 Mos.—1949 charges— $5,502 941 taxes (est.) after Income 2,155,000 . 1,470,000 4.340,000 $8,465,320 3,280,000 $3,347,741 . $2,408,662 $6,819,854 $5,185,320 $1.44 $4.07 $3.10 —— - com.-si)--— 1,674,391 $2.00 $3,878,662 $11,159,854 , shares.—V. 172, p. 108. 12 The Commercial and Financial Chronicle (292) , . Monday, July 24, 1950 . . International Packers, Ltd.—Co-transfer Agent— The National agent also for Lynch Corp. 2,000.000 Net value common stock.—See Co., Ltd., below.—V. 171, p. 2400. shares Swift International the of $15 (& Subs.)—Earnings— Six Months Ended June 30— City Bank of New York has been appointed co-transfer par profit after 1949 1948 $583,932 $357,602 $547,234 450,000 450,000 450,000 $1.29 — $0.79 $1.21 Capital shares outstanding—, Earnings per share ,. —V. 171, Johns-Manville Corp. (& Subs.)—Earnings— Period End. June 30— 1950—3 Mos.—-1949 1950—6 Mos.—1949 $43,974,526 $33,153,249 Net -sales $38,493,577 $73,180,959 "Raw mater'ls, other costs and Wages Deprec. and 36,779,107 *,4,491,170 exchange 13,677,680 32,2"'5,423 28,806,977 for 1,524.598 3,714,492 1,269,015 2,432,731 2,375,574 6,462,781 2,511,476 4.60o,736 $2,832,169 $10,100,687 $5,765,600 - $6 172,136 earnings Preferred 1,162,425 3,444,213 $4,289,323 $1.97 $1,655,375 $0.97 $6,656,437 $3.26 2,778,455 1,860,732 4,551,472 The $3,312,013 $1.94 3,310,094 share com. per each be share sequently 2,324,850 surplus will Co. by of the of scrip 1950, as the date as of which the of new capital stock (par $10) uutstandning $25 par stock at .Essex Trust present Net shares Massachusetts Department made has Boston, Mass., agent to act as scrip 171, p. 950. certificates.—V. Public of with arrangements the U. S. income —V. sell profit Capital Arthur bankruptcy sale being contingent on purchase The on woodworking plant 171, p. 2305. $70,000 company's included Kartselle, at Ala,, buy or of bid of $11.15 other Two bids July White's 1, 612,000 $1.54 612,000 28,169,731 The received share; per July on Stein and v.iz.: 12, Bros. & Allyn C. A. $10,125 Boyce, & Operating per- been by this Radio obtained & in Peabody & Co. ana White,Weld & Co. (jointly) of 2%% first mortgage bonds, series C, at 101.108 and accrued interest. See details in Television Queens Besides both Co., Supply Island Long of announced by said its four 171, Laclede New 14 City, about expansion Chairman The company time at Bankers Lea York is New Knott Hotels 11 Others in The $1,995,665 Net Preferred Stock Privately— Net after $35,741 $48,527 $492,004 Aug. on called 14 due 1963, the call Co. of 102'/a date Mercantile-Commerce Trust outstanding $5,745,300, of V/2% its at will be & Bank York.—V. New and interest. made Trust 172, Full Co., payment surrender upon Dr3 1,303 15,186 $37,711 $43,524 $493,308 $417,212 13,739 15,707 220,935 167,129 ■ , income I ......... deductions all 1949 1948 13,123,061 number 7,926,759 14,436,000 4.275,589 4,272,531 $2.85 $1.72 (After requirements. shares of 7,989,858 - dividend proceeds will be capital,—V. earnings John after St. Louis, for No. -■ $23,972 dividend $32,817 $272,372 -i'— outstanding D. used 171, to retire previous loans to and increase surplus—— $246,706 taxes at $1.73 and close charges. of period.— 1950 $250,083 and _ Federal taxes—— $15,063,350 $9,103,831 $5.88 income $3.56 President, stated that the record-breaking continuing at the same rate into the third quarter. are plan of recapitalization, of to the company, Briefly, without crease In the in the par approved for plan value stated which will involve was shareholders shares their directors approval contemplates to new capital authorized by of to at of $10 reflect shares. As directors will following consider the the special September meeting of and half s in 171, from the value par be is tax on present with in¬ this to 19,000 With include figures 953,779 the with merged $2.31 business National of $1.22 California Automotive Fibres Cotton Aug. 1, 110. p. make to action shareholders at 561,780 Profit 22,620 208,232 Federal tax $353,548 Net profit 451,800 $0.03 $0.78 __i : •: — that be used to pay off $1,450,000 of outstanding additional receivables.—V. 170, p. 1397, six this months Gross, Gross of corporation 1950 President, were than for announced about company decide may suitable more the same July on deliveries during all during of During the first six months reached mid-year period, the first last of half during the six- this approximately Lockheed's year, $226,400,000, 171, shortly before the annual remaining 68% being of deliveries the of military services. Murray, that the per book taxes and un¬ with the total for aircraft to 1950 —. common value per ~ share share of compared 1949 $589,647 $953 878 400,000 400 000 $1.47 charges outstanding stock was $2 27 $10.05 at March 31 with the amount of $8.97 which was reported at The book value of $8.97 at March 31 1949 did not accumulated earnings of the Subsidiary which was not included in the consolidation at that date.—V. 170, p. 107. 1949. to the $1,934,821 769.380 769.380 641,150 share..$2.76 $2.52 $2,91 ... dividend requirements.—V. Net Net Jr., Chairman negotiations concluded, are stock will be sales the of $22,000,000— Board, it is expected redeemed Oct. on July on that 13 $14,075,203 $77,058,816 $67,612,225 11,521.064 56 694.640 56.728,991 1,933,869 1,195,496 9,426,333 5,136,632 income /$2,305.938 $1,358,648 $10,937,843 $5,696,402 charges..—— 171, 1,644,301 613,894 7,576,599 2,484,052 $4 cumu¬ at Income taxes—__ company on July 18 filed a refinancing proposal with the Under the proposal, the company would issue 15.000 shares in par, stock, Electric The 367,000 U88.000 1580,000 1250,000 profit $441,758 com. tax company's 1950, to of $720,089 *$406,837 $0.74 *$0.58 $1.19 *$0.80 Carryback. equity 31 cents compared Backlog *$304,617 share— (Federal in undistributed 12 cents June at 30 earnings share common for the first of of of the total materials conversion to we use war of S.-Mengel the of of —V. 171, first half continued (at Net balance posing its of production," 1950—Month—1949 171, $11,547,419 $10,662,195 8,675,937 997,368 $55,700,955 $52,228 674 42,215.940 42,151 333 6,688,955 5,089is74 $1,391,015 $988,890 $6,796,054 $4,987,467 742,090 5,799,361 3,793 156 , stockholders stock shares voting 172, p. to on 500,000 at the July 20 shares meeting, investment is in be sell ana England at no of Gas no and competitive the to dispose anticipated, on its of prior at to the A and which is earliest 1, the will due B Dec. 31, The of pro¬ enabling within company permit dis¬ of expedient 1951. purpose in and due purposes. desirous the Sept. dual investment basis a series bank Association for A, due 1975. the purpose of construction company be to designed are to for bidding series for bonds, pavable used trie estimated now transactions time New York The SEC the recovery voted from 97% to increase 250,000 were in shares. favor of Pattern Co., Inc., N. Y. City—Files— corporation covering offered at used be Sales July 14 filed shares of 7% on 2.450 ($40 par for per Net shs. the the Of the third 1950—3 Mos.—1949 149,000 This amendment. 109. of $93,254,348 $93,300,583 3,598,336 8,536,000 8,565,044 1,266,000 1,416,000 3,379,000 3,370,000 $2,182,386 $5,157,000 $5,195,044 3,435.033 3,435,033 3.435*033 -3,435,033 $0.64 $1.50 $1.51 outstdg. share orders $0.55 June at March at quarter of 31, the 30. 1950, 1950, of the end fiscal $264,359,568 were preceding quarter. $5,278,143 year, were has called trust 4J/2 % compared of new made.—V. 172, p. Northern This its parent. shares The to of received Northern its general of States common Wisconsin its $500,000 p. has stock company funds bank loans was 110. Redemption— for redemption on Sept. 1. next. $1,155,000 bonds, due Sept. 1. 1975 at 101% % and States Power Co. company to During business accrued interest. Payment will be made at the J. P. Morgan & Incorporated, agent, 23 Wall Street, New York 8. N. Y.—V. 172. p. this company had asked for single or separate bids to be made for five blocks of stock on July 12, only one basket bid was made by Blyth & Co., Inc., of $384,501. This compared with $389,413 based on the separate bids, which were accepted by Middle West Corp. See also the following in these columns; Central & South West Corp.; Central Illinois Public Service Co.; Kentucky Utili¬ ties Co.; Public Service Co. of Indiana, Inc., and Wisconsin Power & Light Co.—V. 172, p. 198. company collateral 1950—9 Mos—1949 $36,098,403 3,164,000 obtained and shipments of $24,876,969 authorized be $25,067,474 Northern Pacific Ry. Co.—Partial the the to proceeds $1,898,000 per $283,958,395 with stock The taxes income Earnings notification preferred taxes.. income Capital of Aviation, Inc.—Earnings— income. inc. before letter a cumulative share), without underwriting. expansion and working capital. other and Profit Middle West Corp.—Bids Received— Although shares 150,000 New presently invested in the company, and also to improve salability of common stock of the company in the future, thus placing the company in a more favorable position for successful independent operation.—V. 172, p. 13. Michigan Bumper Corp.—Stock Increased— capital by mortgage notes application, North American 2512. p. held issue first of would 9 Mos. End. June 30— 1,195,220 charges is stock, common the amount 1950—5 Mos.—1949 $11,588,670 $10,703,897 $55,918,239 $52,445,337 41,251 46,702 217,284 217,163 1,361,028 income the Association the situation." priority only in the event said Alvin A. Voit, President. 8.795,376 __ to which Unfilled after —V. of $1,250,000 Federal operating $1,880,000 the According to proposes (b) of outrianding which mortgage sinking fund bonds, the bond sale would be used and Michigan Bell Telephone Co.—Earnings— Operating revenues Operating expenses Operating taxes of and high war high 1887. p. also first 1952; the of 1949. of are U. for half $7,852,000 indicates level operations subject to the effect of changes in the Most presently of shares the Mengel per with orders its all 140,000 Association, proceeds date and par, for stock, company posed per $100 exchange common retiring 1950—6 Mos.—1949 SEC. $4.50 of preferred 101.— $5,535,315 $17,955,066 $12,092,434 *492,617 *1,300,089 *656,837 808,758 taxes ♦Loss. Electric Co., Cambridge, Mass.—Plans Financing— The par the 2611. p. New Hampshire . an¬ 1950, 15, 1950—3 Mos.—1949 $9,409,659 ._ before The Co.—Earnings1950—5 Mos.—1949 11.802.291 __ 1963, Period End. June 30— Net 2306. p. $16,042,098 revenues operating after —V. 2306. p. (The) Mengel Co., Inc.—Earnings- Profit 3,134,281 $16,030,968 $14,102,446 $77,176,465 $67,723,699 24,870 27,238 117,649 110,474 rev.. oper. taxes The Net 171, 1950—Month—1949 revenues $3,600,000 . common 1,200,000 $2,004,712 expenses air¬ "* m0n!hS t0""ed ab0Ut Fiscal Year Ended March 31— 1,249,000 .shares Uncollectible the company is negotiating lative preferred V. 172, p. 197. —V. profit after Common shares 3,253,712 1.440.000 common preferred Operating a loan of $22,000,000 through a group of institutions for the purpose retiring the outstanding $15,000,000 issue of $4 cumulative preferred stock and of providing additional working capital. Longines-Wittnauer Watch Co., Inc. (A Subs.)—Earns. Net 3,624,921 $2,184,921 Operating of The WWmCV.'HU 25$°* the on Feb. 10, last, of in the treasury) share.—V. 172, p, 13, held June 17. '50 June 18, '49 June 19, '48 $136,970,520 $125,213,715 $123,836,523 .... per Operating New J. com¬ 505 backlog of compared 32% sale been at $8.75 per provision Period End. May 31— Goldman, Sachs & Co., from Net of $202,268,000. comprised approximately the This and year. backlog sales with 1949, this company taxes._i.__—.— common year 19. of Employees Voted— the had New England Telephone & Telegraph durin0, last $83,000,000. 215 Commercial higher period this company delivered 346 airplanes for an estimated total sales of delivered orders before ♦Earned to split up its stock listing. Definite action for McGraw & Co.—Awarded New Contract— Operating revenues Uncollectible oper. rev._ 50% said period with by (which .... No. Corp.—May Split Stock— the McKesson & Robbins, Inc.—To Borrow 23. will buy sales E. Sales $3,561,305 . the .issue weeks.—V. William their Aug. on executives of ratified 27 stock the seven Earns, dividend June on capital 24 Weeks Ended— 1949 awarding of a $2,847,000 construction contract for a new sewage treatment plant in Providence, R. I., this company announced that it has signed more than $8,000,000 worth of new contracts in the shareholders. Lockheed Aircraft Corp.—Sales Up 50%— Airplane certain 451,800 (est.)_.__ Period End. May 31-- 31, 953.779 $1.57 — was of Operating change plus an July. 1 there were of shares will proceeds and as 172, ♦After understood (F. H.) July 20. effect 1950 which 57,384 will probably not be taken before September, meeting.—V. 172, p. 197. sub¬ meeting Mutual Life Insurance Co. and the Continental Assurance Co. on 10-year 4% subordinated notes, it was announced Earnings 764,632 $1,160,564 996,145 stockholders 6,900 • amounted months' 1,430,786 $2,207,711 ___ National Radiator Co.—Stock to 464. p. order of Robert 1,014.842 $1,566,116 share... $2,483,879 tax— McDonnell Aircraft 171, p. 2512. first 1,925,196 National Tea Co.—Earnings— 1950 income • If Liberty Loan Corp.—Places Notes Privately—The cor¬ poration has borrowed $2,225,000 from the New England The 1948 $22,907,331 3.638.497 — per Co. The (& Subs.)—Earnings— ... —V. split of will special a change a shares account number two-for-one a 2,562,408 shares outstanding, owned by more than The company has no preferred stock or bonds. meeting 1949 $30,885,611 2,580.958 capital shares 1949.—V. to reported. increase Wholly-Owned (& $28,991,920 _ : provisions NOTE—The 150,000 $1.67 tax $34,764 income income nounced 1949 Earnings were after computation of tax reserves on basis of the Increased corporation tax rates proposed by the Ways and Means Com¬ mittee of Congress, Mr. Biggers 23. Inc. 1950 — profit Earned $250,083 175.000 $1.41 stock common Capital shares outstanding Earnings per share last 696. p. Biggers, sales mitted Fibres, charges—— 25,666 requirements — before Net Mo., (N. M.)—Bonds Placed Privately share per shares Automotive at 1969. Earnings Net Mills — stock - — sales Federal 197, p. 6 Months Ended June 30— 1950, 12, 252. $402,026 1,971 income Profit — March A, p. subsidiaries.) 1950 - sales 1,593,639 Martin-Parry Corp. Libbey-Owens-Ford Glass Co. Earnings Higher— Record-Breaking Sales Continue—Plans Stock Split— «ive 168, Corp. eastern York, through Underwood, Neuhaus & Co. of Hous¬ an issue of $300,000 first mortgage 3%% bonds, working The Australian • 6 Months Ended June 30— 1,657,505 Ealance par County Gas Co. due in the Aug. 3'/2%, on series Subs.)—Earnings— ton, Tex., 1949 redemption bonds, 198. p. $2,149,509 the of part a —It was announced on July 17 that this company has placed privately with The Mutual Life Insurance Co. of the 172, 118,936 Preferred It filled V. $167,462 Common shares outstanding on at convertible debentures, of accrued interest to craft tApproximate 1950—12 Mos.—1949 Earnings per common share—V. 172, p. 109. July 13 sold $5,000,000 of 4.6% pre¬ ($25 per share) to Yale University number of insurance companies. a pares • share common preferred 143,561 the of program. properties, the City hotels and Jersey New H. Knott, $2,500,000 and David Co.—Places Gas company Mr. & — shares per *After Corp. N, Y., 2197. p. ferred stock the for mortgage (& Subs.)—Earnings— British — common ♦Earned (& Subs.)—Earnings— Quarter Ended May 31— notes first by institutional investors.—V. $102,704,934 $79,347,103 $73,739,148 income $179,302 . Net on Co.—Securities Placed called company outstanding owned sales oper. income— income (net) Net on July 20 made known the purchase of two Jersey hotels, the Robert Treat, in Newark and the at Trenton, from Albert W. Stender, the seller. operates or —V. the date, its (Excluding No. ' CorpJ—Further Expansion— to involve corporation's current cities,—V. The $2,855,530 New was Knott Aug. $3,404,120 13, 1950, this company issued and principal amount of first mortgage bonds, Monsanto Chemical Co. taxes- Gross purchase, Board, A Water $0.18 tNet General 1950—Month—1949 Utility Other $3,500,000 corporation The year 1950—12 Mos.—1949 $347,900 : Consolidated same of were 20,269,328 brought' in Supreme Court action against company revenues Oper. expenses & Kidder, 1980, Stacy-Trent, Net 1950—Month—1949 $344,004 6 Months Ended June 30— Maine Public Service Co. 197. p. important or June 30— National ' No reoffering of these shares is planned at also were Knott Hotels any 6. $110,207 permanently restraining and enjoining them from further price cutting. 172, p. 12. Income and the all which of Federal 14, offered 172, The of p. —V. stock of this company, recently offered awarded on July 12 to Blyth & Co., Inc., on share. per $10.8751 July publicly owns $341,314 taxes . Period End. May 31— Co., Inc., share. due Federal outstanding— have York New present. V. will Co. 6,118 shares of common by Middle West Corp., were On and 1949 1785. p. Judgments Kentucky Utilities Co.—Stock Awarded— its charges shares 171, and The Trust 90, 111.—V. 171, 1, 1980, and 7,000 shares ($100 value) of cumulative preferred stock, series A, 41/2%, securities being sold to institutional investors. On 1950 Magnavox Co.—Obtains Injunctions— was the sale.—V. in So. La Salle Street, Chicago 231 out¬ fund series A, 3%%, due July Net real estate to the company. of the neers not —V. June 12 purchased the at Birmingham, Ala., for $65,000, the the lease by the Army Corps of Engi¬ at company after Earnings per share Copper produced (lbs.) Bankruptcy— associates of Chicago and Cooksey the trustee, the sinking Payment Privately—On July Trust par Six Months Ended June 20— Net Keller Motors Corp.—Sold at all of 4»/2 % such 2609. 171, P- 1950, 172, p. 109. 1950, taxes 1, 15-year 1959 at 100% and accrued interest. Continental Illinois National Bank & sold $5,000,000 Colony Canadian & Aug. on mortgage 1, Monmouth Utilities. Old match, to Chicago, III.—Calls Bonds— redemption refunding income— —V. Magma Copper Co.—Earnings— 'Incl. at for and Minnesota Power & Light Co.—Earnings— July 24, 2V2 of called Aug. Period End. fixed made company due made be has general Chicago, Co., transfer agent, 25 Exchange Street, Lynn, Mass. Scrip certificater will be issued in lieu of fractional shares. The change in the par value was approved by the stockholders on Feb. 6, 1950, and sub¬ 128,737 37 1 832,813 Balance Earns, 64,369 dividends dividends Common bonds 1150. p. directors have 17,895,654 depletion-- *Taxes Net * salaries and The 1 - 21,362,021 — This club standing Lynn Gas & Electric Co.—Split-Up Effective— 16,201,279 ,-i expenses Midlothian Country Club, 1950 taxes—„— SEC at (Wis.)—Stock to 'Parent— authorization Power Co. par will available (Minn.) ($100 add for incurred for the 1950 per on to an issue proceeds of the construction construction page and additional sell to 30,000 share). 1889, (Continued Co. 11)0. 49) stock and sale to pay purposes.—V. 171, Number 4927 Volume 172 . fcxrr,. The Commercial and Financial Chronicle .. .7tm Stock Record «» New York Stock Exchange Mill RANGE III PRICES : WEEKLY VOLUME OF TMOINl ; FOR EVERY USIEO ISSUE HUM* RANGE OF SALE PRICES Lowest 4 per share 37 Jun 1% Jun S per share Dec 61 3% Dec 17% Oct 21% Maj 117% jun 23 Dec 4 per 4 per share 4 % 1 2% Feb Apr 23% May 17 July 12 23% Jun 13 Adams 14 Adami-Millis 19% Jan 18 3 44% Sep 37 July 14 47 Dec 39 % July 14 52 14% Not 19% Dec 5% Jun 11Vs Dec 17% Jan 39% Apr 3 17 13% Mar 15 8% July 12 May 18% Jan 97% Mar 2% Jun 61% Dec 23% May 110% Dec 4% not 51 55% Mar 5 Jan 25% Jan 20% July 13 110 % Jan 18% Dec 15% Mar 29 73 Sep 67% Jan 4 Feb 4 Dec 2% Jun 27 40% Feb 82% Dec 58 July 64% Jan 86% Dec 76 Jun 27 Jan 21% Jan 3 Jun 88 Sep 83 July 6 Jun 165 27% Mar 104 93% Feb 85% Feb 2 83% Jan 4 28 30% Jun 1 Allied 13 38% Jun 23 Allied Stores Corp 24% Jun 30% Oct 27 Jun 25% Feb 35% 32% Jan Dec 21 ... May 4* J preferred 97% Nov 93 Feb 16 33% Dec 28% Jun 27 35% May 29 Allls-Chalmers Jun 89 Oct 81% July 12 91 26% Jan 37% Dec 30 •»»% Jun Apr 89% Feb 34% Jan 6% y% not 43 Jan 120% Oct 46 Sep July 3 4% Jan 5 100% Mar 26 8 Apr 6 6 20 Jun 27 Dec 14 % July 13 2R% JaD 61% July *7% Jun 69 Oct 2 67% Jun 16 12 Deo 2 7 14 % Apr 21 Mar J%* 6* 36 Jan 5 sa Jan 104 Jan 101 % Feb 8 105 Jun 13 Jan 7% Jan 13 auet 12 96% July 6% Jun Jun 4% Dec Jan 2% 81 106% Dec 172% Mar 120% May 24 3% Jan July 22 ' 30% Feb 43% July 13 Feb 47% Sep 15 V* Feb 19% Dec Jun 19% Oct 17% Jun 79 15% July 17 14 87 61% 12 61 39% Feb 13 26 21 % July 13 25% 35% Feb 26% Jan 55% Jun Dec 82 Mar Deo Jan 49 Feb 23 8 76% Jun 13 Jan Jun 180 Dee 36% Mar 19 16 178% Jun 113% Jun 23 46% Jun 13 115% Jan 32% Jan 13 Range 81nee Jan. 4% Feb 6% 15% Feb 19% 13%. Jan 1% Jam Jan 44t 6% Jan Oct Dec 21% Not 3% Dm 69% Dee 21% Jun 18% July 17 17 Jun 27 * 2'/« JUly 13 64% Jan 3 54 Jt.a 44% Juty 12 34 Jun 43% Oct 39% Feb 9 Jun 6% Oct 47/s Jan 3 5% Jan Feb 11% Feb 15% Mar 3 Jan ju 34% Apr 9% Sep 7% July 14 11 13 Mar 10 92 13 July J 7 157/8 Apr 18% 3 18% Feb 12 15 3 91% Feb 27 17% May 12 Sep 7% Mar 167«3 July 18 12% July 12 Jan 4 5% Jail 3 78 4% Jun 22% Jun 33% Dec 29 Mar 22 96% Jan 105% not 104 5% Jan 7 Oct July 13 26 28% Not 33% Dee 32 Feb 36% Aug 6% Jun 24 July 13 32% July 19 17 y8 July 12 14% Jen 178 8% Sep Dec not 23% Jan 49 37 Jun 43% Deo Jun 66% Feb 130 Jan Jan 164 42% Jan Dec Dee 150 Sep 11% July 12 175% July 18 57/a July 13 34 3%% conv pfd series July 18 July 16 Jun 138 45 Dec not 160% Jan Jan 76% Dec Jan 60% 135 163% Dec 49% May 1117 V* Apr 6% Jan 74 Dec 12 Apr 24 9% Jan 11 5 27 1? July 11 25 Jun 27 134% May 9 30 22% Feb 3 3 July 12 30 64% Mar 29 3 161% May 20 76% Jan 153 9 Mar 30 88% Jun 22 12 iviar 22 Jun 38% 21% Feb 28 35% July 11 Sep 91% Mar 84 Apr 20 94% Feb 59% Jun 80 63 May 4% Jun 48% Jun 65 Dec 25% Jun 35% Jan 27% Mar 10 22% Jun 35% Jan 27% Apr 61 Mar 10 1 75% July 11 14 11% Julv 21 13 6 108 Dee 106 Jan x51 72 Jun 19 5% 5% 19,000 x91 % American 'A 7< July 12- 23% Jun 19 110% Mar 8 7 65% Jan L;« 61% Jun Jun 28% Dee 19% Feb 11 28% July 21 11% Nor 9% Jan 4 4% Jan 3 Feb 15 10% Jan 5 41% Mar y«f>b 6 per share 7g American 20 *19 86 86 86 American 74 12 Jun 29y8 Dec 26% Jan 13 39% Jun 23 77 Jun 95 Ppb 89 Jan 3 106% Jun 12 1063/s 11,400 38 40% 5,900 f per share 53A 5% 20 *18% 18% 173/4 Wedaeertay July 19 July 18 f per share 5'% 6 *18% 20 18% 18 July 20 *18% 18 3/8 2% 20 2% 2% 69% 69% J <uy4 7*:34 5874 60 60 60 CC 47% 45% 47 453/4 46% 45% 41% 41% *41% 42% 42% 42% 53A 574 5% 574 ' '*•46 51 r *82 13 17 5% 53/4 *46 49% 70% 69 70 14% 14 % 1534 fO 61 60 60 45% 45% *413A 42% 500 6 34 5,400 574 6 '/a 6 49% *46 28% 29% 29% 297/a 29% 774 7 S/8 774 *7% *82 17J4 84 *82 85 85 *82 35 14 *13% 14% 14 14% *1372 15% 400 1674 17 17 17 1674 1734 1734 1774 3,500 163,4 46,200 '14% 14 14% 85 85% 85 85% 12.%' 13 12% 13 86 86% 85% 85% 104% 7% *104 7% 73A 6% 31 105% 774 *82 16 153/4 16% 86 87 87 88 1,100 13% 14 133A 14 9,600 85% *84% 15% 86 13 84% 84% 7 6% 31 31% *104 105% 73/4 *7 7 32 105% 7% 32% 25% 25% 27 26 26% *32% 18% 18% 12 12 *41% 42% 54 160% '*39% *139 9' ' : 40 141 24% 24% 30% 30% 9% 9% 9% 26 25% 30% 30% 9% 9% 50 50 49% 49% 49% 50% ♦128% 130% 129% 129% 18% 18% 18% 18% 18% 148% 149% 149% 150% 150% - ' 64 »■ 143% 79 64% 149 79% 63% *149 161% 40 *139 31 31 *160% 40 141 24% ' - 161 % 64% 151 x79% 80% *119% 120 Xll8% 118% 5 8% 9 8% 8% ♦129% 131 % 19 150% 64% 64 149 150 80% <62% 119 119 9% 0% 160% 39% *139 26% *30% 390 900 14 b •' 31 31% 31% 500 9% 1,800 50% 1,200 129% 129% 9 Vs 50 131% *129% 19% 1,700 151% 57,500 65% 64% 65 149 151 . 150 9,700 1,260 84% 83% 84% *118% 119% 118% 118% 9% 200 19% 150% 19% 152 83% 9% 19,400 28% 9% 64% 9,700 40 39% *139 50% 150 190 55% 26% 9% 19 Vs 42% 26% 49% 151 30 4,600 4,300 162 161% 39% 141 60,100 37% 37 161% 19,100 6% 54% 42 54% 39% 12% 42 55 41 "• 100 5,000 240 9% 9% 2,600 32% . 32% 50,500 31% - 33% 32 32% 30% 33% 32% 33 88 No par _100 Cow* 36% 52% 141 24% 25 common 35% 53 - 161%' 39% 100 Inc 36% •c-; 177 6% 36 600 34% 19 *175% 6% 41 51% , 12 12% 177 6% 52% 41 12 *175% 6% 41 35*4 160% 100 . 12% 177 6 35 50% *139 5 common 12 *175% ' 100 100 Tobacco 6% 34 34% - 12% 175% 6 41 -' * 12% 175% 6 % 6. 25 Refining com Vi 176 ♦174% " 20 800 11,400 26 25% 33% 1,700 7% *7 25 2,100 105% *105 73A 25 150 7% 32% 7 7 32% 105 % 85% *84 18% 100 — 13 % 14% *85 33% par — 400 *13% , '■""'-'•14 ♦104 — 9,900 73/4 *7% ' 13 . 1,300 16,900 307b 29% 774 16,900 49% *46 30 % 73/8 84 . 1,800 69 73/a *7 ' 52 8.700 11% 70 283/4 28 % ~ *46 - 274 300 7,000 274 2 % 46 41% ,. % • 20 13 18 274 2 2,000 574 *13% 18% Shares share 5% 1* % Sales for the Week $ per 6 6 68 46 .* "■ - Friday July 21 Thursday f ntr share 2% *41 No par 88 89% 89 % 91% 92 S2 92 92 93 74 72 72 73 74 74 74% 74% 74% 520 73 10% 10% 10% 10% 11% 10% 11% 10% 11% 38,700. 69 70 70 72 71 9% 68 25 68 *66% 50 30 30% 30% 30% 29 29% 29 30 30 100 .71 32 31 .No par *71 320 1 31% 33% 32 33% 30% 31% 3J % 31% 32 45,601 1,580. Corp— new 64 preferred And** Copper Mining Steel Corp common COnw»rMbfe prpferfo/V 19% 20 1-6.25 19% 19% No par 106% 106% 21% 55 V8 00 V2 56% 56% 23% 23% 23% 24% *9% 10%. *9% 10% Anderson, Clayton A Co AndereoD-Prtchs'-d Oil Corp 4%* 106 38% 18% 15 prior conv preferred Copper Mlnlug Armco Tuesday ' 100 Areher-naniels-Mtdleod 19% 106% 37% 14 5 A P W Products Co Inc 33% July 14 105% 37% 37 67% .-55 ~ »' 106% 105% 23/8 No par 6 42% Not 37 36% 32% Nd par No par 30 39,200 61% 150 *140 13% closed No par Glass 60% 62% 150 67% STOCK EXCHANGE!*■ 100 * 59% *140 18% common to 26% May 105% 104% 150 32% Co Woolen 62% 60% *140 18% preferred Common 150 *137 18% 18% 14 conv prior preference No par Amer Zinc Lead & Smelt com_—ll Hock ' 5% 18% ' 18% Viscose Corp common—14 Wlrr 61'A 59% 61 37 5% No par Woru Co 87 *19 86% 33% Foundries Water 20 *85 20 86% 18 preferred preferred *19 83 16% 325/« preferred American 1,600 20 16 % 18% com—NO Co Tobacco 16 16 32% American Tel A Tei Co 6% 16 16 173/4 preferred American 2,900 1,000 16'A 16 24% preferred '» ' Amertoan Sugar 44 *44% *31% Building Co American Sumatra 5,600 23% 4".3A 44 % No par A Refg com StorSs 65 23 45 23 V* 44% 181 % No par No par Co Safety Razor American 8teel 64% 23% 63% 22% 44i/8 tper share . 1 Light Snuff Co 64% 23% 61% 22% 6% Z non-cum 63% 61% 104% ' 6% 18,500 43% 30% preferred American 29 % 22% July 17 100 Seating 200 23 60 6% Rao A St San y American 132 3 4 23 267/« *19% 12,500 94 92 94% 131% 300 103% 103% 27 25% 30% Co News 92% 130% 26 6% American Natural Gas 94% 180% 92% 180 25% 30% Co American Power A 92% 180 % *180 Monday 100 preferred Anocnnde Jun 5% No par Anaconda 8 8% July 7 4% % 33% Jun 15% footnotes see page 24. 5% Ltd com.No par A Metals American Molasses amer ,1 preferred Amer Machine American Metal Co 33% May 19 48 y* For 5% LOW AND HIGH BALK PRICKS No par Mach A Pdry com 3.90* Anchor 18% July 13 2% Aug Amer 121% Mar 28 79 5% Feb 12,100 5 150- 36 '. 100 preferred American 21% 99% Mar 7% American Store Co 25 Dec American American Locomotive common 11 18 V2 Jun 63 1 preferred non-cum 21 7% Jan 7% 6* 27 146% Jun 9% 5 87% 103% - No par 100 12% Jan 117% Jan Feb American Ice Co common 34 V* Feb 146«/4 Jan 9% 4% 20 '• 59 —"50 23 % July Aug Jan convertible preferred American Home Products 1 52 .10 10 1 A Electric Co July 14 38% Jan 128 9% 4% 15% *135 No par Nopar No par 6% 18 9 34% 104'A 9% " No par 40e Hide A Leather com American 51% Mar 16 Jan 6% Mar 121 16% May 185 Jan 22% Mar 24 20% not 10 22 22% May 23 Jun 29% May 128% 33% Mai 36% Jan 44 Dec Feb 26 8% July 13 166 Jan Jun 35% Jun 1C6% May 17 145 12% Jan V 1 American Hawaiian 88 Co 4 28 31% 86% July 17 8 Mar 22 39% July 21 31% 120 22% Jan American Gas xl57% Apr Jun 33% *103% 9% 60% 1 *18% JToiy 15 preferred preferred A 66 preferred AmeHean Ship Jun ■' Saturday 67 2nd Amer Smelt Jan 1 7,900 103'A 22% 22% *43% -44%- 4 ■ 13 34% 9% r 67 9 7% " ♦86% Foreign. Power com—No par Amer 3 lay* • ■ ._20 American Export Lines Inc 57% Jan 21 % . . 1*10 B—^—100 European Secur Ameucan 43% Jan Jun ." 15% Per 5 139 - A.IOfl Tiling Amtrlcan Encaustic 30 50 • ' 12% 34 33% 25% 60' * • 100 13,000 13 Vs 103% 180- 25 • 12% 9% *103 93% '180 • YORK STOCK July 39 % Mar «■' 91% - 34 105 66 *64 9 33% 33% 103% 8% 4% 12% 9 33% - . Investment Co of 111--,—l 13 % July 81% July 84 >:J(i *,; American International Corp-No par Jan Jan 102 r-' 66 *64 11% 12% 11% 66 *64 33"% 103% ■ 66 *64 •12!£ 11% _,100 com, 65 65 10 10 Co 19 Jan 22% Dec 76 34% Mar 29 84 15% Dec 39% 9% Apr Aug 15y« Dec 100 Jun 142 5 .6% July 11 4b 11% 6% Mar 43 % May 28% July 17 Jun Jun 1 55 % Mar 22 46%Juri 30 Jun Mar 4 not 73 10 4% Mar 23 85% Apr 32% Dec 48 12% 169 ♦ 76% Apr 61% Dee 61% 73 24% Feb 22 12% July 12 Oct Jun 3,600 EXCHANGE 19% Dm. Jun 24% Jan 1.900 15% —100 Cyanamld Co NEW 8% May 19 13 45% 46 11 70 34 14% tper share S per share 5 % July 37 3% 10% 69% 15% 100 American Distilling Co 1 25% Mar 22 Dec 11% 69% 15 1 " prior preferred Highest Lowest Highest $ per share 10% €9% 15% STOCKS Year 1949 4 per share 11% 69 15% No par pn»ferr«H Range far Previous Lowest' 10% 68% 15% No par ronv 43,400 11 68% Corp_^^.^l Co TV, * 900 15% ■ 101% July 12 99 26% 4%% American - 42% 10% American Crystal Sugar com___ 23 *41 68 10 preferred il Chicle . 2,800 15% Z- American Colortype 23 20% July 11 88 July 10 30 81% May 7% American 42 131% 42% 129 Vs 131 10% com—par American Chain A Cable Mar 22 38 *35% 67% Broadcasting Co Inc preferred _1 3,900 4 3% 3% 38 132% 15 American Car A Pdry com—_No par v 18 Jan Jun 7% 7,900 67% American Can Co common—,—25 18 41% 200 2,100 60'A 10% convertible preferred——__100 American Cable A Radio 41 3% *35% % - .,50 _2 Co 41% 8,901 3174 * Note common Shot 38 31% 31% 5 128% 300 59% 32 59% 3% 3% *35% 41% 30% 59 y'4 125% 8,400 84% *84 30% 38 40 % 40% 3% 84 31% 31% 84 125 700 35% 99% *95 ' 30% 83 59% 300 27% 34% 35% 99% 30% 122% 122 122 59 Vs 3% 34% *95 30% *30 *35% 38 94 83 30% 58% 34% 33% *93% 83 *30 3% 3% •• 27 60 71% July Jan 190 5 Jun 33% Jan 19% July 3 90% July 12 178 Jun Brake 27% 30% 30 % 5,100 20 *19% 29% '♦36 .. 187% Sep 21% 4* 21 8% Apr 21 19% 27% 100 preferred American 14 % Apr 19% 29% *82% 1,800 220% 219 221 9 8% 8% 27% 34 Vs 59 218% 200 93 27% 94 30 8% *83 19% 33 58% 215 16,200 33 107 93 *88 8% 8% 76 31% *104 27'/4 29 ■ 93 20 43,200 2,000 3% 107 *104 19!% 94 <- 107 214 33%- 83 *104 3,700 68 *72 32% 19% 95% *82% 76 31% 3,900 72 67% 68 *72 31% 27 27 32% - 66 76 30% *88 215 *19% 27%. 65 64% *72 8% 17 .—1 American Bosch Corp 30% Mar 30 % July Bank American 7 3% 95 1 preferred cum conv *70% 3% 93 ' 50 American Airlines common.; 75% Jan 70'A 2% 2% 30 2% 17% 2% 2% 2% 1041% 211 19% 27 2% 70% 30% 8% 213% *19 *118 2% 140 10,100 23 122 *118 122 71 76 *38 210 % 22% < *70 Vs 104 % 93 *88 100 Agricultural Chemical__NQ par 45 % Mar 10% Jun par 22% ■ 17 29% 105-'- 9% 52% 22% 9% 16% 63 €2% 13,700 8% *51% ' 17 - >104 23'A 25% 80,300 52% 9 2% 27/B *72 ~ 24% *51% 16% 71 2% 76 24% 200 2,400 44 . 16% 16% ■29% 29% 41 5,300 4Vs 4 2% *10% 60% *70 par No par 12 x63 60 122 •* 2% 8% Corp 30 Jun 25% 122 *118 * par No par 27 66 71 -2% ■ - ■ 2% •*- 16% 16% - • - • *118 - 2%. *70% 100 __1 100 9 8% Limited 27 Dec 118 2%. No par Jun 70 24% 118 : 100 9% Jun 40 10% July Jan 43 100 10 • Jan 43% 40% 22 common-No par Amer 61 10% Mfg Petroleum Amerada i:2% July 20 2 40 21% Amalgamated Leather Co com 64 convertible preferred 11 Jan 40 37% July 14 37% 21% con? AiuiniriLum 60% July 21 53% May 31 2% 37 11 37% 21% preferred Alpha Portland Cement Ian 38 21 % common—No par 100 Feb July 13 *37 21 No par Jan J ¥4% 2,900 9% 5 76 19 *37 24% 23% 23% No par 83% Apr 20% 51 % Allied Kid Co 25% 97 20'A 9% Mills 3 21% 51% Allied Chemical A Dye 2 Jan 39% 1 Allen 12 13 19 21 9% Inc Industries 27 200% Jan Dec 11 % May 3 Dec 19 39% 22 Vs 5 Feb A Vs Jan 210 Jun 5,800 21 51% common 256 % Jun Jan Jun 15% 8% May 16 96 3 24 23 51% •%% preferred A 62.50 prior conT preferred-No Allegheny Ludlum Steel Corp.No 64.50 conT preferred No Allegheny A West Rv 6* gtd - 22% 9 Vs preferred w w 4%% 23 51% Allegheny Corp common 11 110% Apr Inc Alrt-n? May 19 22% 8% Alaska Juneau Gold Mining 34% May 17 6 89% Mar Alabama 3 72% May 11 3 Jan 94 1 '4% Jan 4 51% Ry Feb 20 Feb Apr 17% Vlcksburg A 3% No par Reduction Inc 3% Jan 121 5 2% July 13 2% 13% 84 Air 9 19% 37 7,900 44% 3^,4 19% 19% Shares 443A 44 % 46% 46% 3% 40% 39% CLOSED ' 0 $ ner share snare 2' % 37 Sales for the Week 33 3% 1 19% *37 EXCHANGE 211 38 19 VB STOCK 1 No pal Corp i'li 0 10 Express Co S 45% 21 % *3% 3% 20% '• 20% : Addressograph-Multigraph Corp__lo Admiral Corp new common1 Affiliated Gas Equipment com 1 63 preferred w w 50 May 31 'v 46 *3% 2.50 Co Motors ACF-BrUl 22 <■' Friday July 21 I'hursday July 20 July 19 44% 43% 43% 42% PRICK6 BALE Wednesday $ per snare $ per share 6 per share 5 Laboratories Acme Steel Co 27% Mar Jan Abbott 21 *2 V4 Feb 35 Par share 54% Jan 41% July 12 HIGH IK July July 17 July 15 .EXCHANGE Highest Lowest Highest AND Tuesday Monday Saturday 8TOCK YORK NEW Range Since Jan. 1 Year 1949 LOW ' STOCKS Range for Previous 10 * 20 6 NoPar 4 4 *106 *4 106% 4% 19% 1C6% 106% 106% 40 57 58 »,'4 57 % 57% 1,100 24% 24% 24% 25% 25% 28% 38,800 *9% 10% 10% 19% 10% 10% 400 56% *4 19% 106% 4 % 19% 4 20 4 4 34% 34% 35 35 35% 35% 35% 36 35 35%. 35% 35% 35% 36% 36% 37% 37% 38% 37 % 33% - "103% 104%' 104 104 104 104 104% 104% 104% 105 . 600 4 , 10 100 5,300 19% *106 57 19% *106 900 40,700 " 1,030 TT-.'i 14 (294) The Commercial and Financial Chronicle NEW Bange for Previous S per 5 Range Since Jan, 1 Lowest Highest Jun 8% Dec 49% Jun 773/4 Jan 69 387s Jun 51 % Dec 44% July 21 94 Jun 105% Jun NEW Highest $ per share t per share share 77a Jan 13 107/3 Apr Jan 13 82% Apr 24 Dec 100 V8 Mar 13 114 Oct 110 % July 20 117% Jun 167. Dec 13% Jan 1474 Apr 53 19 Apr Armour Co of Illinois $4 convertible 9 9 25%.July 7 bArvin 21 July 13 21 mmm July 17 253-4 May JO July 12 26% May 16 Mar 10 19% Jun 24 Sep 15 mmm ' 117a Feb 95 Apr 109 Dec 104 87 Apr 101% Dec 98 157s 3074 Feb 50 3/8 Nov 80 Jun 105% Jan 97% Jun 10% 105'% Dec Nov Mar 3 110 Jan 30 6% 4 105% Jun 23 7% 39% July 12 100 Vs Jan 16 103'% Jan 27 15% May 18 21% Jun 12 Jan 53 Feb 73 Dec 68 Jan 77 Feb 94 Mar 86 Jun Jun 106 Dec 423/B 93% Jun Jan 42 24% 363/4 Jan 124% Jun 9974 Jan 5 July 13 Jun 58 100 Feb 110 15 Sep 20% Jan 43/4 Feb 73% Sep 6% Jun 13% Feb 153/a Dec 14% Jun 5% Jun 65% Jun 29 7 1 30 47. Jun lO3/. Nov 47« Jun Jun 34% Dec 51% Mar 25 105 Jan 447s Jan 2 July 7 112% Mar 30 25 Feb 16 87a Mar 16 3 102% *102% 102 EXCHANGE 102% 103 320 112% 112% 112 112 :110% 111 240 16 % *16 4% 22% 23 4,000 23 % 6,700 24 VR 24% 24 '4 24% 24% 25% 1 000 17% 9 *24 1 16% 16% 104% 105 100 *98% 10 40% 114% 100 Co *105 105% 8% 45% 46 46 "71% 43 48% 41 j* 119 119% 121% 105 105 12 12 12% 12% 12% 2,900 19% 19 19% 19 19% 3,700 50% 15,700 47% 72 73 124% 49% 106 50 73 *72 90 % *85 90% 51 52 % . 59 3 = 400 71,2 s 100 115 117 115 116 115 115 11G 119 119 120 100 100% 100 100% 100% 101 % 101 101% 101% 22% No par 55 22 % 22% 22 % 22% 55 % 55 % 56 % 111% 111% xll0% 110% No par *13% 15% *13% 15% *13% No par *6% 6% x6% 6% 15 % *14% Autocar Co Automatic Canteen Co of Amer Avco Mfg Corp (The) common ($1.20) No par *14% 5c preferred 22% 6% 100 common " 21 iui % 5 common J u 74 *85 90'% 50'/« 22,000 4 51 *£5 50 % 47 3 8 72 121 *lu5 100 A ~ 105 46% 90% 25 140 luO 42% 18% 75 *85 % 1UU 105 11% 46% 73 90% common 43 % 160 2.000 9% 17% *104% 99% 18% *71% 105 42% 105 *85 9% 17% 105 43% 11 % 100 17% 105 98% 105 % 18% *24% 17'% 117 11% 9% 98% 118% *105 9 42% 42 11% 9% 17 104% 99 % 41 115% 18% No par 12 conv 42 115% 11% 10 Lines common—1 prior pref 9% 17 105 100 com convertible preferred Atlas Tack Corp Nichols 16% 105 *98 Co prefci.ed Refining *24 100 preferred T SS 24% 9% 100 4% $2.25 8% preferred,_No par preferred series Preferred $3.75 series B__ 13 16% 22% 25 53'% Apr *16 22% 8 Va Apr 4 16% 22% 14% Jan 13 110% *16 22% 29 9'/s Apr 110% 16% 22 10% July 11 3 112 *16 22'% 28 53/4 Jan 373/4 Jan *110% 16'% 1 400 8 300 22% Electric Atlas Corp Atlas Powder Conv *10 102'% 21% conv Austin CLOSED 102% 22 Feb Jan 8 177s Mar 7% Feb 15 22 253/4 Feb 102% 2 21% non-cum Atlantic 102'% May 29 22 % 82' 45 22 Atl 1 81 44 % 103 '/a 8% Atlantic Coast Line RR 557s Jun 22 80 45 102% * 21% Mar 23 24 78 44% STOCK 10 W 28,200 76% 45 21% May 26 & 9% 76% 44% 8»ft 80 G 9% 75% 45 Inc 5% 9% 75% 44% 21 % Investment City 9 % 75 21% 93 1083/4 Feb Jan F 9% tor Shares 21 conv non-cum T 9% Sales the Week 21 28 Aug 102 20 5% A 9% Friday 45 Ye 5 Topeka & Santa Fe Atlantic 9 July 21 $ per share No par 2.50 27 Dec 1123/4 Atch 9 Ve Thursday July 20 $ per share S per share 75 1st preferred 2nd preferred.^. i 9 1 $ per share No par Inc 50% July 21 Dec Jun cum Associates 109% May, 19 18% July 13 41! Jan 13 47 30% 2 10% July 13 — jun 32% 59'% Mar 124 % July 21 Oil & $1.20 t per share July ii> 44% Associated Dry Goods common Apr Jan 15 — 23 t per mart PRICES Wednesday Refining Co com—1 Industries Ashland July 18 No par No par Arnold Constable Corp Artloom Carpet Co Inc ' —■— Monday, July 24, 1959 . No par preferred Jan SALE Tuesday July 17 5 com com $3.75 preferred 8 HIGH Monday July 15 preferred 12% Jan 18 8% July 13 M»P-* & £6 conv prior Armstrong Cork Co AND Saturday Par . RECORD LOW STOCK S per share 1013% n/i July YORK EXCHANGE 24 10 104% May 10 137/e Mar STOCK STOCKS Year 1949 Lowest YORK . * 15% 14 % 6 % 6% 6% 10% 10% 10% 6% 6% 6 38 38% 38% 5 3 No par 53% 6% 22% 57 23% 57% 110 109 *109% *13% 16 6% 7 15% *14% 7% 10% 6% 6% 39 39% 40 % 41 39 * 41 6 % 7% 14 1,230 150 1« 7% 15 va 6% 7,100 110 *13% 7% 10% 11 23 60 110 16 610 6G% 22% 59 112% " 7% ■ 1,200 15% -,4 7% 7% 7% 4 10% 10% 10% 1,500 6% 6% 6% 6% 37,800 10 3 *39% 6.900 41 1,100 B Jun 87. 15 Nov Jun xl3 127a Jan 73/8 Jun 113/8 Jun 22% Jan 25 Jan 60% Jun 72 July 38 Jun Jun 53 Dec 143/4 15 Sep 21% Jan 36 Jun 41 Mar Feb 97/s Oct 153/a 30 97ft July Jan 143/4 13 % Jun 9 153/a Jan 133/4 July 21 5 Jun 27 12% Apr 177a Jun 29 23 % Apr 19 223/4 jan 23 173/4 Feb 63 3 Apr 12 72 8 Barker Brothers 26 4%% 14% Jan 3 9'% Jun 98 July 21 13% Jan 9 29 Dec Mar 69 —mm 86% Nov Feb 347/a May 17 108 May 11 9 15% Mar 25 21% Jan 21 23% May 24 86% Jun 23 74 Jun 30 Jan 6s/4 Jun 10% 27% Jun 32% 30% Jun 7 Mar 28 11% Jun 16 Feb 3 137ft Jan Jan Feb Jan 22 30 23% Jun Jan Aroostoak 203/s Feb Jan — - & 1574 July 12 368/s Jun 27 Dec 20 "4 Bangor preferred Oil 173/4 101 non-cum Barber 337a Nov 4% 5 39 26 1 Convertible Bath Beck 133/4 13% 13% 1378 13% 1,300 10% 123/ft 12% 13 12% 13% 8' .900 10'% 10% 107/ft 107/s 11% ll3/8 ll7/8 75.400 20 20% 21 20% 22% 18,600 19 *19 19% *64 65 *64 *39 41 15% 10 common 10 Shoe cum 73/4 Feb 7 107/o July 20 Beech 12 32 % Feb 6 34 % Jan 5 15 % Jan 24 16% Jun 127s Feb 1 19% July 21 Bell 17 Feb 4 18 3/i Jun Bell & 85 Oct 98 26 Jun 3T3/8 Mar Dec 674 Apr 11 Feb 27% Nov 73% Jan Feb 10 34% Jan 13 477/b Apr 29 9'4 Jan 4 16 May 15 263/4 May 3 x85 Jan 213/4 1% 23% 25 May 23% Jun 129% Jun 22% Jun Oct 9 85 23% July Dec Feb 1 Oct 27% 36 Dec July 11 Jun 30% Jan 13 139s/8 Jan 21' 23 115/s Mar July 13 9'/i Jan 3 Feb 23 11 2934 Jan 20 Dec 313/b Mar 14 2% Jan 25% July 14 31% Apr Jun 90 26 Jan 337/a 141 90 203/4 July 13 Dee 85 13 , , 12 39% May 26 40% July 21 148 Jun 26 29% May 19 17% Jun 22 Howell 4%% Range Since Highest $ per share Lowest *37 21 21% 10 10 10 31 *31 103 103 $ per share $ per share Jun 30% Jan 25% Apr 26 29 % Feb 10% Jun 15'/a 17 Nov 1378 Jun 27 8% Jun 14% Dec 11'/s Jun 27 9% Jun 15 Dec 102 % 102% 13% 1378 18 3/s 18 5/8 18% 19 % 19 22% 22% 22 % 193^8 22% 7,300 22% 223/g 22% 22 % 22% 225/8 1,000 17% Jun 25% Mar 13 % Jan 4 22% Jan 3 21 Aug 27 Jan 223/4 Mar 25 50 Aug 64 Jan 18 Aug 13% Nov 4574 July 18 14% July 3 12% July 13 38% Mar 42% 32% Jan 19 % July 51 Dec Apr 59"% 91% May 1% Mar 98% Dec 2% Jan 26 Jun 6 Vs 25 % Jun Jan Dec 45 55 July 17 14 10% July 21 Jan 20 Jun 27 73/4 Mar 10 20% Jun 297s Nov 27% July 13 25% July 14 33 Jan 105% 39 Dec Dec 23 % Mar 24 100 Apr 20 3174 July 13 50 9 Jan y4 Mar 95 Jan Dec 10 Dec 36'% Mar 1023/4 Dec Jun 24 Dec 13% Jun 193/4 Dec Feb July 11 July 12 12% 40 15% 120 4 24 Apr 29 9 73A Feb Jan Oct 12 163/8 Jan 5174 Apr x34% Feb 32 Jan x243/s Jan Dec Jun Jan 10 8% Mar Jun 25% Jan 73 % May 26 10074 July 12 37b Apr 4 437a July 6 1 6 % 18% 1 May 10 60 15 21% 63 317ft May 31 125 100 Feb 32% Jan 12'/8 May 36% Jun 1 12 29'/a May 19 297b Jan 6 105% Jan 18 44% May 17 53 Jun 14 Mar 2 45 Jun 16 104 18'A July 14 15% July 17 26 25 14 7 19 28 % 3/4 29% 29% 14 % 29 % 14 Ve 14% 14% *143% *17% 18 173/s 17% 18 185/B 19 14% 14 "2 14 % 14% 14 % 14% 15 July 10 3/4 Feb 20 % Jan 11 27 1 1% 187a Jun 12 Budd 3 81 Jun 12 Dec 34% Jan 4 393/4 jan 24 18% Dec 17 Jun 36 Jan 31 % Apr May 193/4 Dec 95 Nov 70 Ye Jun 91 Dec 80 73 Apr 84 Dec 82% Jan Jun 1678 Jan 123/ft july 13 35 3/i 12 % Feb 29% 13% 77 13% Jun 27 July 3 17% Mar 30 91 July 3 Mar 29 18 7 Jun 9 May x97% Jun 122 Dec 108% July 12 6% Jun Dec 8% July 12 6974 Mar 7 60 Jun 3 Feb 17 Jun 98 Va Jun 20% Jun 11% Feb 82 47s Mar 247a 8 Mar 31 S% Jan 26% Jan xl7 Dec 105 101'/a May Jan x21 13 July 12 Apr 5 26 Jun $5 Mar (The) Co 47% 46% 477ft 47% 47'% 23 200 11 % 10% 21 10% 20% 10 3/8 10 % 21% 21% 22% 9,800 21 % 217ft V 21% 21% "85% 87% *85% 20 3/4 *85 86 % 85 £6% 1 1% 1 1% 25% 32 25 % 2 32% 4% 15 3i May 9'/a Jan 125 3 5 Apr 20 12% Jun 1 7934Jun 7 6% Jun 13 24% Jan 5 105% Jan 24 24% Jun 19 31% 26 32% 32% 26 % 33'% 387a 143% 23% 23% 23 % 14% 14% 14% 3374 39% 143% 37 2-.3/8 14% 15% HIGH Monday Tuesday July 17 July IS 0 per share t per share *23% 13% 14 13% 14% 11% 11% 11% 11% STOCK 26% SALE 24% 15 2678 . ! 87% 5 c 1% 91 26 % 400 1 % 25% 34% 7,000 85 1 34 27 303 26% l."00 .35 5,800 39% 29% 40% 142% 142% 142% 25 24% 15 15% Thursday July 20 $ vershare 26% *89% 25 391,900 800 3 400 ~ 15 4.000 PRICES Wednesday July H) S per share 27 39 142 5% 24 14% AND 24 91 1 26 36% 14 Frldav July 21 $ per share 27% 28 28 27% % 14% 14% 13 1174 12% 12 Sales 12% 15 12% Shares 271/4 1,000 157a 6 300 12% 15 15% 15% 157b 15% EXCHANGE 15% 29 Vh 29-% 157,1 16% 237ft 29'% 29% 307ft CLOSED 30 3 4 25'% 25% 31% 251/4 30% 25% 257a 26% 26% 23 27 45% 7,000 31% 25% 46% 15% for the Week S per share 5 16 % 2 400 44.700 4.300 No par 46% 46% 46 % 46 46 46 14% 14% 46'% 46 14% 15 1 147a 15 12 Va 12% 14% 15 1474 12% 15% 123% 1,150 12% 12% 13 45 46% 13% 40 13 3% 137ft 7,000 ^ 15 5 55 100 (assented) 100 1Q0 common 2% 40% conv No par No par 5 10Q common No par No par 1 5 common 1 loo 2nd preferred 100 100 Terminal par preferred—10Q G'% 100 Copper & Zinc Byers Co (7 M) common No par Byron Jackson Co 100 —No par S/8 59% *100 2% 9% 2% 3 4278 42 42% 42 9% 9% . 9'% 49'% 4,100 60 16,500 100 % 10 3% 3 400 43 1,500 10% 17,300 20% 20% 21% 21 y2 10% *20% 23 *20% 23 10'% 1078 10% 103'» 27% 28 % 11 23 10% 10% 11 23 3» 5,600 23% 29 29% 29% 29% 29% 7,500 25 5/a 257a 2574 25% 24% 102 *323/4 33% 50% 50% 107e 10% 10% 413/4 413/4 *41% 42 *101% 18% 103 33% 24% 253% 26 25 25 26 27 27 25% 25% 102'% *100% 700 25% *100% 102% 150 102% 8,900 18% 3478 3474 35 35% 35% 35'% 35% 2,900 50% *50 1878 25% *100% 103 *101% 50% 50% 51% 51% 51 % 51% 10% 1/200 10 % 11 107% 11% 11 Va 1138 5,000 *41% 42% *41% 42% % *41% *101% 19% 19% 42 % 103 *101% 19% 19 103 *101% 19% 1874 100 103 19 1,700 15% 157% 15% 157% 16 163/4 122 >/4 122% 123 % 123 % 123 12374 143/e 143/4 14 3/a 15 % 1474 15'% 15% 157% 15% *75% 16% 78'% 78,800 *75% 78% *75% 78% *75% "343/a 78'% 100 35 3574 *35'% 36 19% 20 197a 197s 20 20% 20% 20% 32 % 3,100 323/4 32% 32 3,4 33 33 33% 2,600 22'% 16,600 78 78 35 35 19% 1978 32% 33 32% 35 203/b 2074 92 92 *91% 93 87% 87% *87 88 88 88 *86 *83 12% 83/B *110 83/4 75% 53/b 17 20% 88 123/a 1278 8% 8% 112 112 9 207ft 2074 *91% 13 35% 21% 21% 93 *91'% 8% 17% *122 22 % 22 17% 7,b00 123 70 500 13% 93 *91% 93 10 90 91 91 600 *86 91 113 17% 123 89 88% 125/8 8 % 113 16% *122 35 88 5 preferred 8 2% 48% 6U% 21 15 Butte participating 8 2% 41% 48 3% 100% 10% __i Bldg 7% 8% 2% 41 59% *100 460 20% 24% preferred Term 2% 40 % *100% common Butler Bros common 4 % % preferred 2% 41 24 15 477% 60% 100 % 102 1 47% 59 *100 233/4 40 43 % 58% 100'% *100% No par Bush *8 46% 56 *100 100 Co Inc Bush . 56% 100 -2.50 No par Burroughs Adding Machine..No 1% 26 1% 143% preferred 3%% 1 *89% 5 Burlington Mills Corp 3%% 26 91 143% Brass A Buffalo Forge Co 23 1,000 10% 37% preferred Mar 23 1,000 46% *89% No par No par preferred 91 14 % 10% 91 142% conv preferred Bigelow Bulova Watch 91'/a Jun 14% 46 % LOW Dullard Co 100 2,600 15 2,100 10% 36% pieferred 36% Jan 11 19% 45% 2.50 (The) 2378 May 22 22% July 21 15 19% No par Bucyrus Erie Co 3 15 193/« *39% July 15 Brunswick -Balke-Collender 26 147/s 11% 103% Saturday Brown Shoe Co Inc common $3.60 preferred 74% Jan 29% SI STOCK 33/4% preferred Brooklyn Union Gas 12% Jan 126 & Bristol-Myers Co 121% Jun 76 28,000 23% 46 Bearing Co 5 Airways Inc 2.50 Brewing Corp. of America 15 Bridgeport Brass Co No par Briggs Manufacturing Corp__No par Briggs & Stratton No par Oct 13% 10% 31 45% Braniff Sep Jun 90 *89% 142% Borg-Warner Corp common & 2,000 87 10% *29% 28 %■ ;_l Boston & Maine RR Bower Roller cum *85 ' 10% 31 14% No par Decker Mfg Co Borden Co 5% 28 87 28 No par Class B Brown 10% *29'% 100 Aluminum *86 10 31 9 No par com Bond Stores Inc Dec 7% 81% July 26% Jun (Del) Ami Co class 3% % 87 % 23 % 31% 104 5 Laughlin Inc Boeing Airplane Co B011 "86 9 % 31 *27% 31 *103 14% Par Bohn 87 9% 31 31% 103 100 & 5 "86 9 5/a 103 10 common-.: YORK Bliss % Jun 30 9% 87 30% 30 23 1 18 29% 1 (E W) Co Feb 47% 29% 103 9% 10 Blaw-Knox Co 97% Apr 17a Jan 38 *86 *29% - Bigelow-Sanford Carpet. Birmingham Electric Co Black & 91 *86 91 110 127s 8% 8% 113 114 127a 8% 114 12% 3% *112 12% 13.200 9 1,600 114 250 8% 5 3/a 9 9% 9% 75% 75% 9% 9% 938 75% 9% *75 75'% 75% 75% 75% 75% 160 558 5% 17% 17 17% 6 6 6 17% 6 Va 6 7,000 6% 6.600 18 177 ft 18 3 8 18'% 13% 1,400 103'% 101% 101%. 10 21% 22% 1,000 *101% 103% *101'% 103'% *101'% 103'% 213% 21% *101% 21% 21% 21% 217s 21% 39 397b 39% 53 % 52 22 C 30 Feb 52 May 36% Dec 34 % Feb 58 Apr 52 1 Jun 2 Oct 1% Feb 3% Jun- 53/8 Jan 4 16% Jan 223/4 Jan 9% Jan 127-8 Feb 98 Sep 35% Jun 16% Jan 109% Mar 41 May 21 Oct 5 July 17 8 Feb 28 17% Jun 27 87ft July 13 94 July 14 40 Jan 17 Jun 5 43 3 i Jun 23 55 26 Jan 234 Apr 19 G% July 21 22% May 17 12% Feb 106 43 Feb 24 28 Mar 20 29 20% Feb 15 13 S/8 Mar 30 17% Jun 15 107s Jun 153/4 Dec 40% Jan 51 Dec 43% Apr 3 50% Feb 12% Mar 1 16% Dec 14% July 13 60 18% Jun 9 56% Nov 54 57% May 15 Mar For footnotes see page 24. May 24 California Packing 5% common—No par preferred Callahan Zinc-Lead 50 1 Calumet & Hecla Cons Copper Campbell W & C Foundry No 5 par Canada Dry Ginger Ale com—1.66% $4.25 conv preferred No par Canada Southern Ry Co Canadian Breweries Ltd Canadian Pacific Ry Cannon Mills C3 Admin preferred class A 100 No par 3 8'A 39 38% 39% 40 52 1 % 134 52 % 52 % l'a 53% 1% 150 1% 2 578 2', 8 5% 2% 5 % 2% 2% 53/8 13.400 53/8 5% 57 ft 6 Va 6 6% 15,800 52 1874 8% *93 52% *52 18% 18% 9% 9 1 95 8 94 18 3 4 9% 19 94 "40 41% 41% 40% 41 18 18 18 >8 18 >8 15 15 % lb14 15% 15 48 48 Va 48% 43'% 49 common 1 10 *14% 54'/a 15 54% '34% : 53 20 % 9 20 % 9% 3/8 16 Vs 43 15*8 *15 16 54% *53 54% 20 % 20% 4-0% 20% 3,300 1 1,200 . 9% 9% 9% 95% 95% 96% *40 41% 17% 407» *52 95 95 17% No par A % 9% 94 25 ,, Capital - 700 183/a 1 preferred Bliss _ 7,300 9% 29% Foods May 23 1474 Jan 5 — 22 9 5/a 18% EXCHANGE 3 38 213's *102% pfd—No par pfd 100 $ per share 22% *37 100 l NEW 38 40 12.50 Best & Co Highest 2,400 21 pfd $3.25 ser of 1946-No par Benguet Consol Mining Co__18 pesos Jan. 1 *37 16% 38 8TOCK8 Year 1949 38 16'% 9% Aviation__ Range for Previous Lowest *37 900 16 3% 20% Cum 7% 16 1 Co Bethlehem Steel 16% 16 3/8 44% 9% Bendix Home Appliances 33%c Beneficial Indus Loan common 10 Best 16 44 20% preferred. Bendix 16 1,400 44% 9% Aircraft Corp 12% Jan 42% 2.50 Packing Co Belding-Heminway Feb 41 y4 22 67% 20 % 50 Jun 41 21% *66 93% Corp 107a 41 22 21% 66 41 38 20 66 20% preferred 4%% 11% 22 % 20 64 9% Eeech-Nut Aircraft 21'/« 20 64 20% Beech Creek RR July 13 21% 19% 65 % 1 conv (AS) *37 19% No par common convertible div 1574 50 Co 29% Jan 3 13% 10S/8 10 50 Beaunit Mills Inc $1.50 13% 10% 10 Vs 100 common preferred (Delaware) Inc Foods 33%% 13% 10% 9% Works Corp Cigars Beatrice 13% 10% 100 preferred Iron Bayuk 5% Corp 13% 13 100 Ealdwin Locomotive Works Baltimore & Ohio common 6 Jun Feb Inc Jan Nov —— (B T) 51 % Apr 11% 123/8 4 Babbitt 3)% July 13 2674 87% 25 41 % "40 41% 110 *18 18% *13 13% 500 16 16% 16% 75.300 *48 15% *53 49 3 4 15 3 3 54 % 16% 49% 15 900 150 49% 700 *15% 16 % 100 *53 54% 20 Volume 172 Number 4927 . The Commercial and Financial Chronicle . . (295) NEW Range for Previous $ per share Feb 5v, Range Since Jan. 1 Lowest Highest $ per share $ per Ocl 9y„ R% 13 Jun 26% Jan 25% 12% 108 Feb Jan 102 11 YORK 12 Feb 18 20% May 1 110% July 13 34»% Mar 16 Capital Carey Airlines <st Onio Carolina Power & Jun 13% Dec 37% Sep 21% May 20 39% May 18 Carrier 30% Mar 15'% July 13 34% Jun 26 8% Nov x7% Mar 13 10 % Jun 16 Carriers & 48% Jan 24 Case I) 6 Feb 30 Jun 131 Jan Nov 45% 146 Nov 35% July 13 140 Jan 3 Dec 32 Vb Jan 27 Dec xl04 Va Jan 18 156 26% Jun 37% 100% Aug 104% 23% Apr 34% Dec 97 Apr 105 % Dec 104 Vb Jan 3 X114 Jun 132'A Dec 130% Jan 13 May 140 29% Mar 21 44% Jun 106 Carpenter 12 Mar 37% Jun 22 13% Jun 26% Jan 13% July 13 21 Jan 10 15% Jun 18% Jan 15% July 14 17% Apr 14% Jun 17 7May 3 12% 6 Jun Jan 9% 112% Jan Dec Dec Jan 3 7% July 17 Jan 4 15 3 Jan 3 8% July 13 Dec 36% Nov 104% 15 Jan 24% 6% Mar 33% Jan 11% Ma' Jun 30 July 13 110% Feb 9 8 Oct 11% Oct 8Vb July 17 12 Dec 14% Oct 9% Jun 27 19% July 11 11% Co $4.75 7% 1 series Central 5% Ga 44% 44% 44% 1,900 15% 15% 15% 161/4 16% 16% 8,100 *33% 35% *34% 35% *34 Vb Vb 8% 8% 8% CLOSED 8% 36% 141 38% *104 21% Jan 17% Mar 30 21% Jan 7 Cerro 16% Dec 12% July 12 31% 18% Apr 29 31 Jan 40 May 17 Nov 25% July 12 18% Jun 31% Dec 30 % Jan 3 91 Jun 98% Dec 98 Jan 5 Aug 9% Dec 17% July 28% Jan 24 Jan 4 30 27 Nov 34% Jan 25 July 5 Nov 85 Feb 76 Jun 30 8 6 % Apr 3 4% Feb 15 Certain-teed 11 106% Juiy 17 10'A Jun Jun 12 May 3 13% Jun 14 Dec 10% July 12 15 Vb Apr 10 13% Dec 11% Jan 13 Class 106% 134% 134% 140 14% 14% 14% 14% 14% 13% 14% 14% 13,100 15% 15% *15% 16% *15% 15% 16 16 *15% 16'A 200 18 18% *18 18% 17% 18 17% 17% 5 7% 7% 7% 7 5% 5% 5% 6% 100 21% 21% 9% 9% Corp com—5 Jun 34% Dec 27% Mar 30 36% Juiy 21 Jun 15 Jan 11 15% Feb 3 20 Dec 36% Jan 27% Jan 3 21% Jun 29% Mar 26% Jun 30 31% May 18 49% Jun 55% Dec 53'% Jan 17 Jun 41% Dec 36% Jun 27 46% Feb Jun 77 56% 35 July 21 3 St A 82 Dec 10 May 13% Nov 11% July 19 13% Apr 19 Chicago Jun 16% Jan 13% Jan 4 18% Feb 24 51/8 7% Jun 22 Childs Jun 2'/a Jan 3% Feb 14 60 Jun Jan 45% Jan 3 30 Va Dec 36 Jan 29% July 19 44'/a Jun 68% Dec 62% July 13 67% May 29 Jan 16 34 '81 Jun 22 $ per share $ per $ per share 26'A Apr 32% Sep Jan 105% Sep 29 'A Dec 26 59% Dec 45% July 17 8% Dec Feb 42% Jan Feb 6% 28 Vb July 13 103% July Jan 6% Jun 3 24 30 34% Feb 109% Mar 19% 7'A 7'A 18% 19% 19% !<*% 10% 20% 20%. 20% 20 20% 12% 13 13 13% 13 13% :i? ■/, 13 12% 13 27 27 33% 34% 32 % May 17 68 % Mar 22 8'A Jan 14 79% Jun 86 Sep 82 3 93 May 12 25 Jan 34% Dec 28% July 10 34 Mar 15 16 Jun 19% Oct 16 % Feb 20% Jun 67 Nov — Jan 30% • — — — — Mar 85 Jan 24 Jun 72 105 43% Dec x40 Vb 112% Jun 108'A Jun 28% Dec Jan 108 61% Dec 36% Dec 10% 24% July 18 28 23% July 13 20% Jun 28 'A 23 29 % Jan 9 Aug 106 % Feb 73 Feb 62% Jan 3 43 Jan 37 Jan 4 15% Jan 12% Jan 3 Jun 35 '/a Dec 29 Vb July 17 21% July 7 37% Mar 15 Dec 99% July 12 112% Mar 16 105'A Dec 3% July 5% Jan Jun 30% Feb July 141% Sep 21% Nov 70'A 82% Jan xl24% Jun 172 Sep 1075 Jan 1075 29% Feb 89 Jan Feb 12 Vb Jun 15 Jun 17% 5 21 135 % July 20 70% July 17 119 July 13 Feb 81% Mar 165 Jan 18 8 3 —.... 37% July" 17 Jun Jan 143 t 97 19 Cleve Mar 14 5 % Jan Dec Jan Mar 25 43 5 14% July 17 46% Mar 16 101% May 22 19% Jan 20 19% Jan 16 Vb Feb 15 19% May 31 19 Vb May 31 7 Vb Jun 17% Dec 16 Jan 13 32% May 27 8'A Jun 17% Dec 16'A Jan 13 13 35% May 26 33% Jun 9 14'A Mar 30 Milling 12 15 15% 15% 15% 15'A 15% 25% 25% 26 27% 27 25 10 10'A IOV4 10% 10% 5 51/4 5% 5% 5% 5% 2nd 32% 33% 33% 34% 34 35 28 % 29% 29% *55 55% *55 56 40% 41 1st 4% non-cum 66 Feb 14 $4.25 26% Jun 32% Oct 30% Jun 37 Apr 17 18% Jun 22% Sep 19% July 18 cum Columbian 42% 43% 43 43% 44% 81% 81% 81% 82% 82% 83 11% 11% 11% 11% 11% 11% *16% 17'A *16 17% 16% 16 % 16% *16 % 5% 5% 5% 5% 5% 5% 54% *28 55 29% 63% 64% Feb 27% Dec 24% Apr Feb 60 V8 Dei 46'A July 17 30% May 31 67% Jun 1 Commercial 20% Dec 15% July 21% Jan 25 Vb Jan So Superheater 30% 33 Vs Mar 16 Commonwealth 10% Aug 8'A July 18 11 % Feb 3 Conde Nast 30 % NOV 20% Juiy 12 30'A Feb 6 Congoleum-Nairn 25% Feb 34% Doc 25 % July 13 41 Feb 6 Consolidated 2% Jun 4% Jan May 3 21 % Feb 29% 106% July 13 8 Feb 11% 10% July 13 Sep 38'A Jun 46% Mar 11% Feb 21% 10 Jun Jan 12% Ma* 9% July 12% Jan 47% Feb 15 20% May Jun 27 10% July 13 9% Mar " May 12 40% July 12 10% Apr 5 117% Apr 108% May 24 14% Jan 10 10 V4 Jan 29 8 25 July 12 12% Jun 28 6 5 Apr 113'A Dec 110% Mar 30 113% May 12 Apr 110% Dec 108' 111 Jun 41'A Dec 38% Jan 3 93 Jun Nov 101% Jan 11 13 '/a Jan Dec 14% Apr 24 85 Jan Dec 10 "4 July 17 a May Jun 37% Dec Jun 102% Dec Jun 9% Dec 78% Dec Jun 8% Jan 5% Jun Feb 65% Oc> 55% Jan p&u.' 2 31% July 13 102% Feb 3 4 1 106 Mar 15 19% Jan 24 Jan 24 41 % Jun 23 100 $ per 29% 45% 46 45% 47% 46 EXCHANGE 6% CLOSED 6% 6% - 29 170 60 67% 84,200 Friday 29 % 105 104% share 29% 105 Sales (or July 21 July 20 29% *104% 6% 56 3IV4 Va Thursday $ per share 30 STOCK 100 10,900 PRICK8 Wednesday July 10 29 29% 105 55% the Week $ per share Shares 10,400 29% 29% *104% 105% 140 30% 6% 31% 30% 31% 3,900 48% % 30 % 46% 47% 46 47% 42,300 6% 2,300 6% 6% 6% 6% "81 90% 89 88 88 *87 90 29 29% 29% 29% 29% 29% 29% 29% 30 30 1,400 18% 18% 18% 19% 18% 19VR 1R 18% 18 18% 4,500 2,700 *87 *87 90 . ■, 41 109 24% *107 *70% 38% 25% 41 % 109 24% 109 25 25% 41 40% 41% 40% 108 % 108 % *108% *107 71% *70% 38 % *38% 109 40 *38% 19 29% 137 70% 120 99% 109 *70 % 18% 101 25 71% 29% *3% 25 *107 26% 18% 23 26% 109 *25 29% 101 26 X40% 18% 1 25% *108% 29% par 25 % *107 71% 50 38% 40 19% 100 % 100% 101 3% 3% 24% 24 % *135% 137% *135% 137% 135% *72 75 123% 20 19% 32 *3% *900 *38% 31% 24% *900 40 600 7-1% 100 % 100 73 *70% 120 109 19% 3% 124 71% 9,100 25%" 31% 23% 73 *107 40% 109 19% 3% 120% 25% 29% 23% 72 40% 108% 29% 3% 123 25% 27% 19% 29% 23 % 137 41% 1C9 109 *70% 40 19 100 25% 27 % 1 >1 f, *950 3% 26 135 % 75 *72 127% 101 129 % *950 4 25% 135% *72 128 19,200 4,600 620 4% 600 26 2,800 136% 320 75 300 129% 6,100 41% 3,700 *950 ' 37% 100 38% 100 14% ' 14% 16% 16% 37% 38% 39 39% 99% 99% 100 100'a 14% 14% 15 15% 16% 17% 17% 17% 40 •• 100 . 41% 41 1C0% 100 Vb 15 % 15% 15% 16 17% 18% 17% 18% 100'/a 17% 17% 24% 24 25% 25 25% 25% 26 % 25% 27% 28 28% 2"% 29 29 29 % 30 preferred—1C0 140 2,500 37,800 26 27 27 17% 17% 18% 18% 18% 18% 19 5,000 1,450 680 *25% 26% *25% 27 *25% *25% 27 *25% 2.50 26% 26% 27% 28 28 3 4 29'/.. 28% 29 27% 28% 26% 23 % 27% 27% 28% 29 % 28 % 28% 28 28>/4 1,600 Inc—No par 11% 11% xll% 11% 11% 11% 11% 11% 11% 11% 41,300 11 11 11 11 11 11 11% 11 '/a 11% 4,400 cl A 11 27 6,400 No par 32% 2.2 34 32% 32% 32 32% 32 32% 32 32% 3,400 5 19% 19 3 4 19% 19% 19% 20 20 20 19% 19% 2,600 No par 25% 25% 25% 25% 25% 25% 26 26 % 26 '/a 26% 6,800 u_10 Elec *56% No par w w Co 46% 47 % 47% 48% 47% 50% 48 49 48 % 48% 23,800 16 16% 16 16% 16 % 163 16% 17% 16% 17% 13,600 28% 29 28% 29 28% 29 28* 29 28% 29 21,400 Co Co No par Edison Co 25 Publishing Co 59 *56% 60 *56% 60 *56% 60 *56 % 60 No par 8% 8% 8% 8% 8% 8% 9 8% 21% 22% 21% 22% 22 Va 22% 22 23 22% 23 No par *25% 26% *25% 26% 25 % 25 26 26% 26% 26% Consolidated Coppermines Corp 5 Consol Edison of N Y com No par 3% 4% 4 4% 4% 4% 26% 27% 26% 27% 27% 27% No par 106% 106% 106% 106% 106% 106% 106% 106 % 106% 1,400 No par 24% 24% 24% 24% 2*% 24 ■/:< 24% 24% 24% 9,600 Inc Cigar $5 preferred of Gas Elec Lt Baltimore & Pwr Preferred 4%% Preferred 4% series series B .'—100 C ilOO Consolidated Grocers Corp 1.33% Consolidated Laundries Corp__ 5 Consolidated Consol Cuba 6% Consumers 116 116 106% 106 % 11 9% 11 9% 24 •1 116% 116 % *106% 107% 11% 11% 11% 9% 9% 9% 9% ■4 41% 42% 42 42 % 116 % *107 116' 700 7,500 42,600 1J 1 116 *115% 116 % .107% *107 107% 60 11% 11% 12 12% 2.300 % 9% 116 107'% ; :m'7 *9% 42% 44% 17% 18 41. 41% 16% 17% .17% 3 7 17% I* 11 10% 1] lJ. n 11 11% !ll% 11% Inc..—_10c % • 7' 'j 200 10 41% 700 2,400 2,500 ' 2,200 11% 12% 11% 11 % If 'a 1%8 32% 12% 12% 12% 7,300 1 15 % 15% 15% 15% 15% 16'% 16% 17%' 16% 17% 64,700 30% 30%. 30 % 31 31 31% 31% 31% 31 31% 13,700 No-par 111 *110 Corp of America com..20 4% preferred —100 Continental Baking Co com—No par preferred Can 3,400 28 16% No par No par Inc 107 %, July 19 1C% May 19 Continental Diamond 78% Jan 11 Continental 23 8% July 21 Continental 25 Juiy 20 Motors *105 - 10 1 — Continental Oil of Delaware — 111 31<>% 111 110% 110% 111 111 110 110 110 110 liu 110 110 % 110% 270 43 43 44 % 46 V4 3,400 106 '105 42 % 106 15 93% 31% 5 110% 110% 14% *105% Fibre Ill 90% 20 Insurance preferred 42% No par common 3 $3.75 108% 28 3,800 Co com——No par Power Continental 27% 4% 41 15 $4.50 preferred $5.50 '/a *10% Inc $4.52 preferred Container 28 4 1 : pfd Stores Co 4'/a 9% 100 Natural Gas of RR 4 9. Co common July 17 50% July 13 % Jan 51 % Jun $ per share SALE 56 900 5% 17% Textile 27% July 18 29% 1-20 Consolidated 103% HIGH Tuesday 29% Consolidated Vultee Aircraft 105% 66 10 com—100 12% July 14 Mar 16 *31 67% 29% No par No par com 17% May 36 31.I/2 66'/B 104'/4 No par Retail 1 31% 67 '/a 29% 1 Consolidated 23 29% 65% *55 '1 2.700 No par Cons Jan AND 29% 65% 63% 56 29% *28 55 104% 100 Inc Jun 14'A 29 55 104% No par So.vents Jun Jun 55 5% —100 common—No pai Credit 7% 11 $ per share 5% 25,300 17 26% Ohio 24% Mar 30 I per share :—50 Ry System Dec 114 July 17' gtd—-50 com preferred Commercial 19 5% *16 441/4 ' Engineering Jun 27% Jun Monday com—i_8.50 Sys Inc Carbon & 13% 109% Mar 18 9,100 3,400 * 55% 11% B 46 Vb 24% July 13 *55 82,900 2.50 Broad Combustion 103% July 13 55% 24 2nd 57 Oct 29% preferred—^-100 non-cum Sep 33% May 19 *55 20,400 81% No Southern 47e 68% July 12 28% 55% 28% *55 43,800 15% 81 July 15 7% Colorado 48'A Mar 26 Vb 42% io 12% 36 % *11 No par Pictures De 41% LOW Corp Colo Fuel & Iron Corp 5% conv preferred Gas 33% 28 Saturday Aikman Class *ee 32% 27 % 25 $3.50 preferred Columbia 'ootnotes 32% 27 Corp No par Colgate-Palmolive-Peet com—No par^ Columbia For 31% lnternatl 13 5 "4 15 11% x35 Vb lli/z common..' Coca-Cola 18 47% 15% preferred—✓ v—100 20 F*b 12 1/4 36 14% No par (The;, Apr 56% .11 % 34 3 14% 1100 Apr 6% 12 35 Ve 14 80% stock 14% Feb 30 % 11% 34 14% 5 Inc 14 % 95- 11% 34 s'; 14% STOCK Co 38 17% 11% §3 14% 100 11% July 13 x98 11% 32% No par 10% July 12 103 11 Vb 13% 85 25 5 6 5,300 153 Oc' 15 61/4 *75 De 3% Feb 10,800 . *130 Det 28% July 13 6'A 5< 85 13% 3 11,700 153 13 5 9,800 11% *75 28% 26 28% 11% 32 Ve -—100 Co Columbus 28 .11% *130 Feb 6 28'A 10% 85 Jun 22% Mar 27 % 10% 153 Jun 29 27% *75 7% July 11 16% *130 9% July 12 15% par No par Coca-Cola Columbia 15% 85 16% 18 10,900 153/n 153 4% & 8,500 12% *70 gtd & 13% 11% 11% preferred J Collins 23,060 13 *130 Foods cum 8% 13% 12% 100 Molybdenum 4% 91/4 700 : 1 4%% cum conv pfd Clopay Corp Cluett Peabody & Co com 7% 58,000 12% ■ . 85 RR Special R% 400 30 153 Pitts Clinton ■; 1,500 80 80 preferred Climax 8% 890 8'A 10 preferred & 8 29% 7 12% 8% 500 2,100 29'A 25 38 % Apr 36 29% 8% *70 15% Jan 29% July 28'A 77% 4 106 29 500 5,000 19,700 37% "130 25% July 1] 12% 28% 77 R 1,100 ■ 28'A 34% .'—_20 Dec Jun 27% 77 *27 *105 Ry Co com—100 preferred 100 Dec Jun 27% 77 11% Louis 16% 7Va 27% 77 12'A Co common——_—5 29 Va 8 26% 12% 100 Corp Jun 109 29'A 11% Machine Co Jun Apr *?8% 7% : 7% X106 29 A 10% A Elec <te 17% 21'A 7% *28 % 8 12% Cleve Graph Bronze Co common—1 72 27% Jun D0c 437/a 100 7% 29% 8'/a — Gas St 106 *7% 10% Cleve Elec Illuminating com—No par $4.50 :<05 12% Oil YORK non-cum 5% Mar 27 & ■ No par series Equipment Co C 107% May 29 3% July 11 22 Jan xl3% 24 C ■ 33% 105 10% 25 City Investing 5% 27 33% 105 *28% 8 Co„No par RR 5%% preferred City Products Corp City Stores Co C 33% 106 26% .—100 Cab I T Financial Claik 26 26 33 105% 7% *74'/a vtc__No par preferred Cincinnati May 6 Apr 12 *25% 12% *19% *11% Corp Cincinnati C 12% 20 29'A 7% com—No par Par 80% May 16 47 % May 8 112% Mar 4 145 Aug 101% 133 1 Mar 30 Oct 20% 16 Mar 11 138 Jun 36% Mar 108 26 12% 29 5 EXCHANGE 4% 37,300 12% 19% 1.25 P Chile Copper Co 4 12/8 20 12% prelerred— NEW 24 2,800 71/4 $ per share share 12% 19% common Highest 97% X20 Pac Cotton Co Range Since Jan. 1 Lowest Highest 11% 13 STOCKS Year 1949 11% 6% preference—No par & Range for Previous Lowest 5,600 .1.11/4 10% 100 Yellow Chrysler 10% NO par preferred 5%% 170 10% 12% Ry Co cl A & 3,800 10'A 19% prelerred—_100 Paul Is Chickasha 35 *9% 4,600 111% 1 RR Co convertible Conv 9 *111 6% preferred vtc Chic Rock 88% Mar 17 9 2,700 9% *6% preferred xl3 July 12 9 111 25 6% Chicago Pneumat Tool com—No par $3 111 900 32 5 : Milw 5% HI 9*/a 32 6% Chicago & North West com—No 56% May 17 25% Class B Series 111 24% 9 Vb 32% *19% — Louisv 25 9 32'A 6% Chic 24 25 9Va 19% Chic 6'A July 20 12% July 21 9'/a 13 11% July 20 5 9,800 *6% 2d% July 21 13 6,400 7% 19% 3 Jan 8'A V/b 12% 3 7 Vb Jan 8 71/4 .9.50 7% Jan 4 8Ve No par 19% Jan Jan 17% 111% 10% 200 7% 32 9 14 18,600 6% 24 23 34% 17% 32 10% Jan Jan 9% 34 7 %. 32% 8% Nov 8% *111 8% 10 5% 23% 9 32% 8 Vb 20 Vb Jun 22 9'/a 34% 7% 6% Jun Jun 14 7 Vb Jun 4% 33 1 5% 3 32% 40 & 11,100 104 *105% A Ind 42 103 Vb 106% 12% 4 * 135% Chicago Corp (The) l Chicago Great West Ry Co com—50 5% prelerred 50 18% Mar 110 41% 42 104 33 3A of Virginia convertible 111 41 *103'/a *134% Copper Corp Mfg Chic & East 41% 104 *103'/a 10,300 *1051/2 Co West Sugar Corp 40% 40 104% 3,000 39% 144 33% Chesapeake & Ohio Ry common_._25 23 Feb Feb x38 'A *1031/4 38% 144 135% 32% Chesapeake 7% 38% 143% 106% 106% 5 9 37% 142% 105% 32 3%% 38% 142% *134% 26 12 7 37% *140% 107'A 106 Apr 9% July 37% 141% 135% No par 30% Jan 9 31% Products Cab 36 *8% 134% Champion Paper & Fib com__Nonpar $4.50 preferred No par Checker *34'/a 9 36% No par Chain Belt Co 2 16 'A 17'A 36 8% 140% 50 Pasco 16% *34 Vb 8% *105% B de 16% 36 31% Co vtc Century Ribbon Mills Jan 39% 105 31 Central RR Co of N J class A——50 3 9% 37% 142 111 8% Jan 17 8 111 6% July 14 9% Jan 43% -100 12 % 8 43% 134% preferred 12% Jan Jan 43 4%% Oct 5% 43 27 South 90 7,500 42% 20 Light Violeta 110% 28% 32 & *109% 28'A Feb Central 109 % 2o°/8 9 Central 4,500 .109 % 28 'A 32 1 10,200 14% 28% • Class 10% 28 Corp__No par 30 9% 14% 28% common Illinois Dec Jun 110'A Shares 9% 151/4 9% 15 106% preferred series B vtc Doc 3% *109'A Central 8% 77 109% Central Hudson G & E 13% 7% Mar 29 109 2 14% 5 Ve 110% 10% Mar 29 Feb 22% July 9% 15% 134% , Jun Jun 9% 15Va No par Co 6% July 14% July 9% 9% 15 % 106% Co Ry 91/8 15 ,100 Sugar Aguirre 9% 15 38 % Feb 16% Mar Sales for tin Week $ per share 28 No par com Corp common preferred 5% Foundry 21% Juiy 11 Friday July 21 July 20 No par 9% 3 Thursday $ per share 42 .100 10 % July 13 $ per share 28% —10 preferred of 4 $ per share July 19 28 —25 preferred Central 14 % Jan PRICES Wednesday 42 1 common Corp of Amer Central 11% Apr SALE STOCK _100 6 113 HIGH Tuesday July 18 EXCHANGE 50 * Corp 4.20% 1st 2nd Celotex 25 % May 26 10 4% common 8% May 27 Apr No par preferred Celanese 18 109% common General Prei erred 25 Ry 5 Caterpillar Tractor Mar 14 8% 14% Co preferred (J 7% 9 107% Jan Corp Conv 1 Steel S per share __100 Light 27% July 13 30 % Jan J per share 10 i Co Cm.ch Dec 6 July 17 1 Mfg Carolina Jan July Inc (Philip; 35% 45 % AND Monday July 15 Par Jun 3 Saturday ' 33 . RECORD LOW STOCK EXCHANGE $ per share share Jnn NEW Highest 14% July 13 — 100 STOCK STOCKS Year 1949 Lowest YORK 8 53% 32% 109 8% 54_ 6% 6% 67% 68% 42% *105 14% *90% 31% *106 8% 54% 6% 69 % ■*-, 44% 106 45% 106 105 105 14% 14% 15 15 15 15 15% 91 9014 90'a 91 91 93 93 32% 32 % 107 % 107% 8% 8% % 70% 32% 3.t 32% 105% 108 *105% 9 8% 9 8% 58 56 7 33 57% 58 56 3 4 107% 7% 70% 72 7 72 %' 8% 7 3 ■% 8 72% 32% 108 8% 57 420 20 5,500 160 12,600 100 2.9C0 3.200 8'4 82,800 73% 11,000 15 16 The Commercial and Financial Chronicle (296) $ per i per share share 117, Jun 15% Jail 19% Jun 24 y. Dei i. 9 Jun 27 12 -"iu* Ms* O 15% July 20 17 14 % Jun Feb 12% O «P. • 2 53% Jun 55% May Jun 17 a .'v. Pel . « 12 Jun 19% Jan 49 Dec 5? Fe I 46% Juiy 14 19% Jan ll 7 Jun 11% Dee P 17 y* Apr 23 Ju.y 17 ma 57 58% Dec Apr 30% Dee i Jan 102% Dee 100 92 xk Jan 102 Ser loo'/4 Ju y 11 49% Mar 20 94 73% Jan 57 Sep 5% 3% Mar Apr Aor 102% Mar 21 3 176% July 13 187% Apr 13 6% Mar 3% Juiy J 7 6 Jun 2% Oct 1% July 13 2% Feb 20 21V2 Jun 32% Jaa 22'/4 July 13 »0% Jsn II 96 Jun 11 1% 8% 101 Va Jun 27 105 Jan 10% Jun 27 14 Jan 30 30% Max 29% Feb 23 Dee 14% Nov 104 Jan Dee 13% Oct 19% Jan 42% Apr 26% Jun 32% Jun Crown 13 36% Jun tl 105% May 5 99% Dee 99% Jar 3 108% Jun 12 24 Jan 16% Jar 94 90 May 14 Nov 49 Jan Apr 17% Jun 26 Dee 15% Jun 27 J«T O 21% July 11 Fee 175 14 .4 9% July 11 3 64% July 13 ;%Jiiy Jan 73 Jun Feb 175 8% Mar Jun 60 May 160 May 5% 65-,4 July 21 16% Feb 160 Mar 54 23% July 21 31 July 12 74 3 11 72% Nov 21 12 Mar 71 3 $2 Wheat Corp (The) 7% 5 Feb 81% Oct 5 J-.ly 13 Jan 0 Curtis Jun 145% 24% Jun Jan Jan 137 Mar *v% Jan 20% Jan 24% Feb 3 FcC 21 125 10 Jan 20 138 Publishing common $7 preferred Prior preferred Curtis-Wright common 26% Jan 9 Jun 15% Mar 13 7, Jai. 87 Jan 96% Nov 96 Jan 1007a 62% 63% 6374 62% *179 22% Jun Dana 12 99 637a 101 6374 18072 20 100% *10072 637a 18072 *10074 101 101 637a 5,600 250 181 180 181 240 647a 1807a *179 4 7g 4 7a 4 % 4 74 *4% 47a 4'/a 4% 900 1% 1% 1% 1 % 1% .*174 17a 174 1% 3,200 22*« 28% 24 74 23% 2472 22% 2474 237a 23% 12.200 23 10172 10% 10'/2 11 11% 1174 11% 2778 *2772 28 *27% 277« 277a *100 102 101 13 7s 13 13 7a 12% 12% 24 33 33 33 32% 62% 337a 3372 lo-i',2 10474 104 74 10474 10474 105 10472 104 7a '33 f 21 21% 21% 5972 69'% 60 19 Va * 1734 *160 97a 9% 9% 104 7a 1047z 1047» 340 106 10672 107 20% *21% 574 57a 125% 12574 *12672 126 45 4474 22% *127% 8% 9% 9% 25'A 227 a *12 i % 131 25% 27 277a 23% *126 — 97a 8,000 2,600 200 22 6% 14,300 10 127 4574 457a 600 10 107a 130,400 2374 '127% 25% 6,300 107a 237a 22% 40 197a 46 *4574 9% 132 % < 57a 127 1874 10 *217a 57» *126 7a *12 10 10 2,900 707a *65 22 57a 9% 87a 97a 11,900 180 *160 707/a *21% 57a 127 187a 197a 180 *65 22 *1772 18% 19'/a 22 34 1.J2% 24% 6574 257b 2274 100 No par 64% 187a ' 974 227a 64 *160 46 46 45 9 7a 9% 23% 627a 97a 572 50 227a 237a 8-% 9% 20% 57s 9 7,900 , 707a 20% 44% 300 3572 18 72 8% 9% *125 3374 347a 10472 130 *65 67 5,100 137a 33 74 25 1974 19 *160 8% *65 707a *1772 19% 180 8% 8% 8''b 1874 19 7« 197s 180 *65 ' 62 % 17% 17 % *160 127a 13 900 34 22% 59% 2,200 34 *103 22 20% *58 100 ll-'/a 28 *33 " 10J *103 11% 28 12% 337s 32% 1027a 117a 2774 *100 102 7a *100 101% 10% 27% *100 5% pfd 1% 32 34 10074 *10074 37a 179 1 23% July 21 22% Feb 10072 101 20 % Class A Cushman's Sons Inc Cutler-Hammer Inc i3 Sep 19% 28 10% July 20 7 7% Jar Ap» 9% Dec 7 18% 133 16 July 13 100% '100% 2.80 Cunningham Drug Stores Inc 44 % *1007. 8 19 25% Jan 122% Jan 8,400 •337s 32'% 100% No par No par No par 1 13% Jan July 13 Oct 3372 34 32 30% *10374 3% 100 preferred Cuneo Press Inc lv 17 20 52% NOV 1,340 ri 10 Feb Jun 2,600 178 100 preferred Dee 43% 13% 61 101 pfd 100 common—10 13% 109 137a 61 62 100 25% 7 137a 617a 101 8 Cudahy Packing Co common 4%% 50 13% 61 30% com—No par cum non 47 13% 61 12% convertible preferred 6% 47 13% 5972 ♦102 Cuban-American Sugar 5,600 13% No par preferred Crucible Steel of Amer 6,300 157« 58 $4 2nd RR *47 15 1572 12% 104 Cuba 48 *47 48 100 15 57 No par 5% "tl 4,000 54 *53% 12% $4.2o preferred NOV 134% Mar 48 47% 73 58 *32% Zellerbach Corp common Crown Feb 4% 357a 2.80 10 7, 8 157a 15'/a No par preferred 16 •%J 14% 15 2 Cork & Seal common Jan 14% 14% 1 3 102% JaL 14% 147s 101 100 preferred IS Deo a 3%% Jan Dee 1472 14 % 100% CLOSED 2a common of 30 27 Crane Co Cream 105 14% 14% 54 1% Creameries of America Jun 14% 76 *53% "/a 12'i International Corp—. Coty B 20 Mar E«nk 6i Tr Co——20 4 40 27 *53% 47 preferred 17% Jan 12% Juiy 13 Jan 36% 5378 7,800 2172 2174 63 "a 19% 22% 57 STOCK EXCHANGE Corning Glass Works common 3%% 54 2C% 54 22 23 Shares 1972 20*/4 14% 1 Dubilier Electric Corp 1974 1978 ? 1 14»'4 60 aeries Convertible Dref 5% Cornell 13 Sales for the Week S per share share 20% 20 5 Co common Prldsv July 21 July 20 t per Sper snare 20% *53% Copper weld Steel Monday, July 24, 1950 Tbnrflday July i9 18 17 17 *16% 8 100 Cum pfd 3%% series of 1947—100 Corn Products Refining common—38 7 % preferred 100 Coty Inc 1 Ifi share Wed n«H»y t xter share S per shore Cooper-Bessemer Corp common 3 S3 prior preferred No par CopDer Range Co No par Corn Exchange 72% Jan Dfx I per 14 6 May (01 % 1* Continental Steel Corp 6 July 13 G2 Dec 189 Jan 171% 42 „o'% Jfc Par share 20% July 20 3 13% Jan 51 % July t per . PRICES 6AI.E * « July J8 July .17 July 15 HIGH AND 1 uM Mondt* ftatarday STOCK YORK EXCHANGE Highest Lowest Highest share NEW HIbms Jaa. 1 If ear 1949 $ per LOW STOCKS Range for Previous Lowest . RECORD STOCK YORK NEW . 237a *12772 131 2774 2774 2372 5,100 131 ■ 28 7a 7,100 8,400 D 11% July Jan 31 Jan 92 22% Jan 26% 17% May Mar 15 xl6% gpu, 92% Jan Jun Aug DM 14. % JNOV o -1 '2 A" 96 - 6 17 common Davison Chemical Corp (The) 29 29% 28 'a 9874 *9 8 7B B Preferred 3.75% series B 100 *97 98% 98 % 13 % 6% Jan 10 Dayton Rubber Co 60c 1372 Decca Records Inc 5 1372 ,60c 6% 6% Jan 3 34 7a Jun 22 4 49% Jun 23 Deere «St Co Jun ^7B 22% ■}63'a Mav 17 3 3;3a July 21 0% Jan 17 Delaware & Delaware Lack Dec 2374 Jun Delaware Power 2/ 19% July 12 21 Denver 34% Jan Jun 50 4% • 577a Feb 27 24%Jun Dec 42%* 14% Dec 20 11 Deo 53% Jun 12% Jan Jl 29 30 % Jun 19 Dec 12 23 y* Sep 21% Jaly.13 24 July 12 >3 52 Jan 58 9% Jun >21 20 L7% May 26 Apr /8 Detroit May 16 24% May 31 31% Sep 40 Jan 35% Ma. « 37% Sep 45% Feb 40% Jar. 3 447a Mar » 9% Jun 13% Dec uy« Mar ji 15 % May 1 6'A Jun 9% Nov wJLJ 5 Diana Stores 12% Jun 18% DM 7e Apr 22 13 » July 13 6% 22 ~ 17 v -U X 23 & 6% Distill Co.. Raynolds Diamond Match k>u«t $ per 9% $ per $ per share share Feb 17 Feb Jun 10 Jun July 48% Jun «. 29 Sep 11% J -ly 12 ' 12% Jan 48% Feb 72% Oct 19% JaL Apr 57% Dec 54 y4 Jar. Apr 108 % Sep 43 101% 123% Dec 24 % May Sep 86% Jan 81 16% J Pepper Co 157a 15% 6,000 22 22 74 14,200 54 54 54 share 2374 137/a *13 7a 137/« *13% 207a 2072 2072 20 20 387a 39 397a 137a *20 3874 3874 37 37 13 13% 13% 14% 1474 14% 2,300 7 7 77a 774 774 774 77, 2,400 18% 18% 1972 1974 2074 12,400 17% 67/8 177a 17% AND 18 HIGH PRICES SALE July 20 July 10 $ Vpr %na*e t per share 12 54 54 *5372 54 10 10% *10 10% 10 % 107a 107c 107a *10'/a 1074 26% 267/a 28 27% 287, 2872 2974 2772 2872 26% 11% 127a 12 12 12% 1274 127a 12% 12% 81 80 81 • 80'/a 85 8472 86 84 57% 59% 575/8 597a 60 62 3/4 627a *109% 1107a *109% 1107a *109% 1107a *10974 1107a *109 74 noy8 *126 129 *128 1?2 *12872 13072 *128% 13072 '12872 110% July 14 116 Feb 20 Duouesne 12% Jan 9% July 12 11% Jan 10 13072 iy% Jan 20% Mar 15% Mar 10 io% Jan 30 17 Peb 24 Eastern Airlines 13 Jun 27 24 Eastern 19 Eastern Stainless 10 Eastman Kodak Jan 10 Jan 13 40 July 17 *y% Apr Oct 202 Jun Dec 14% Apr 19 88 Jan 96 Feb 14% Dec 29 101 Jan 190 43% Apr »tl Deo 8 33% Apr 12% Feb 45% Dec 17% Deo .van 32% Mar 36% CM 32 y2 Jun Jan 1% Ja.i Jan 2% 34% Jun 10 Vt Jun Jun 51% 29 23% Aug . 27 Electric 8 3 3% Apr 18 Elec & Mus Ind Amer 19 k2% Jan 11 Electric 10% Jun 26 Jan 7 23 52'% July 17 '5 Feb 23 12 52% Apr 26 22% July 18 d%Jan 6 49 Oct May Jun 13% Feb NOV 16% July 13 35% Deo 29% Jun 27 Deo 100% Jan 10 22 % May 15 12% July 12 Jun 105 2074 Jun 3% Jan 104 4% Jun 7 Deo »rv. r- i3 Jan 51% Jun 27 Jan 60 14% Jan 61% July 3% Feb 68 Jun 48% JUn July 12 n 9Y* I 9 July 12 24 % Jun 19% July.-8. 6 17 20% Mar 17 5 7% May 15 , 14 ; July 21 60 ; July 21 66 May 25 5%% *9 7a 110 74 11074 11072 450 1074 1074 10% 900 17% 17% 6,600 32,200 10 10 10 10 18% 18 14% 14 % 13% 13% 13% 13% 13% 14% 14 % 40% 41 41 % •175 .177 29 29 15 15 *92% 12% 38% 30% 31 5,100 15 15 15 1,800 12% 13 *98% 102 8% 8% 39% 40 % 40% 5% Deo 6% Jun 10% Ml* 8% 6% Jun 11% Doc > 7% fc- Jun Apr , 9 : ? Maw 13 1 8% July 13 33 . Jan l'/4 Jun 27 T 28 n 5 41% 39% 13% July 21 — ,k Jdivy 8 18% 18% 19% 19% 36% 36% *36% 1% 1% 1% 37% 37% 10% 11 —10 19% 19% BO —50 52% 5.:% *55 *48% 50% * 4.9 10% 22% 23 % 22% 72% 4 17% 17% 17% 1R ■ 13% 13% 13% :,4% 10 16% 16% 16 Ks i.6% : 30% 28 i 100 8.80 Li tl *103 *30% 6% Mai 21 "W A# Evans Products" Co Ex-Cell-O Corp — — BO 541% 9% ; - 8% - 9% 9*8 34% *3 31/4 3 ...jatloAtno't gsagsgsgggg .10% 10% 1,600 21% 21% 3,700 100 *49 50% 23% *49 50% 23% 24% . 23% 23%, 8,200 1,7% 18% : 18% 19% 19 19%-; 6,200 .14% 15 % ' 14% 15 13"% 14%, 69,100 -16% 17% 17 17% 17 % >17%-- 3,400 ;:.9% 0% 6 *; • . « ■ . ■ % 30% 30% *10L% 103% *101% 19% 20% 19% : 30 .10% *501% • 103% r ■20 i :. \ .0% ;56 % 63 i 4% .75% 37 .' 3 58 - 63. . 6% 30%/ 20 14,900 4,100 6% 14:. 58 60 .*58 63. 4% 4% 4% 12% 12% • :s% 10% 9%. 1,100 t 204's* 103 % 13% 10% ;r,7% 3" 13% *58 ; 4% 10% : % 6% 58 61 *8 ; - 6% ■>' 13% ,riv* . 34% .. 50% 9 34 : . 61 •. 4% 3 1,600 *55 '12% ■ 13,500 39% 61 - 33 500 1% *55 '24.% 9% 4% 22 37% 61 30% 56 *58- 4% 4% . V*nh»Ttf(> WTffrf fV»TT» 63 *58 B 11 19% 1% *52% . X2Va 54% 10% 12,800 19% ..... 39 20% jr> % l 20% . 4,800 '<49 " 6% 12% % 103 19% 11% —100 9 60 102% 20 6% 1 -Nonpar preferred series -A 30% 104% 19% 10% 20 JO-% 1 191k 30 5,600 41% 37% 1% 38 4,300 13% 41% 37% 1% 38 94% 101 9% 9 19% 36 % 1% 37% ; 39% 18% 36 % 1% Corp common Eversharp Inc . 18% Mfg Co__ Erie As:Pittsburgh. RR Co.. Eureka Williams Corp.— : 101 9% ' 88 102 8% . 36 % Phonograph Erie RR: common 13% 13% 13 *98% 8 3 Equitable Office Bldg. *92% 94% *92% 94% *92% 12% 1% preferred 10 177% 31 15 18% IB 177% 177 30% *176 102 38 % 38 5,300 29,300 15 *35% 38 41%, 30% 177 3 No par 15% 40% 14% 8 39% , 30% *176 94% *99% 8 8 900 15% 15% 41% No par Empire: District Electric. Co EndicOtt Johnson 14% 15 % 15 15 1/4 15 13% 102 14% *141/4 30% 177 *176 94% 12% 14% 41 41% 1 * 14% 40 % 15 14 . 18% 14% 14',8 13% 17% 18% 13% shares. preference 4% preferred Equitable Gas Co. 500 1,600 110% 13% (The) Storage Battery Electric 123 104 11072 18% 100 1 B preferred convertible 123 *103 110% 18 *99% 68,500 747a 123 7, 104% 13% *92% 74% 737. 104% 14 LOO 2.50 1,400 10472 13% 2j 7372 100 127a 104% , 13% % 12% 12% 123.7, 123 40 common Emerson Radio & 5&> 10 1272 737a 71% 122% 17%. 1 El Paso Natural Gas. Emerson 1272 150 20 xQ Elgin National Watch Co— Elliott Co common 5% *1972 10 preferred <8% Feb i.3 20 72 *9% — 20% Apr 28% Feb *1972 7,300 84 19 12 7, 110% 1237, *837, 123 *11074 common- 13 19% July 13 6872 123 1107, Stop Nut Co. Boat 68 7a 61 84 —180 2 preferred Convertible 12% 11074 Steel Corp Ekco Products Co 4%% xl2% ..100 preferred Elastic 1274 127a 6,300 17,000 17% *837, 19 10474 Co common 30 18~% Tan 2 10 20 *103 Eaton Manufacturing Co Edison Bros Stores Inc common 4% % *19 1774 17% - .84 1 Electric Auto-Lite 14% Deo Jun' May 10% Jan 12 6% CLOSED —18 35% Apr Nov 75 Jun 7 19 *17% 167/a 16% 1672 *83% 102 Inc 47% May 31 16 28% NOV Jan 5 38% July 13 13% Mai 17% 51 3 cl5% Apr Jv Jun 10 Mar 10 08 0 102 May 8% Jun Apr May 19% Jan X12V4 July 12 Jun 1% ' 35 14% July 12 Dec 10% 3 13 172% Jan 32% Jan 16% 83 102 Corp common 13% 16% b3 *122% Eagle-Picher Co 16% Mai 43% Nov EXCHANGE 1674 8272 No pax No par 1st pfd Jun Jun STOCK • 5% Jun Jun 16 7a 82% _80c DWG Cigar Corp Light 5,000 5,900 6372 -No par • 86 5874 900 127a 80 Preferred $3.50 series Jan 80 577a ft 1 600 par IS Preferred $4.50 series 7% 4,200 537a Common 22 38% 13% 38 $ per 53 No par (E I) & Co— *•"% 16% Apr 18 % Apr Shares 137a 37 share 53 common 85% Jun to share 1374 39 $ per S tter shure *51% 3%% Jun Deo Sales for the Week 53 —No pax $3.25 2nd preferred Dresser Industries 106 16% Friday July 21 Thwr^dmy W»(iiiM<laj July 18 *51% 0 11 101% Jan 600 13 July 17 No par series A_ 1,500 2,700 433/4 *35% Duplan Corp $4 preferred 500 137/a 44 *43 41 *43 44 *43 6 12% 12 » 1,900 67a 2374 *37% j bjo tya 2,700 57/s 227a 13 14 July 12 67a 24 7, 574 22% 38 Jun x22 8 10 58 *52 12% convertible preferred—100 Dunhili International 1 19 7% July . t per % 7,000 157a 22 7a 38 Co common 15% 100% Jan 537a •>% 15 22 Monds* B 13 x29% 53 • 15 7a 12% 9 60% Jan 115% 14% 53% 5072 22 3774 Doehler-Jarvis Corp.. Dome Mines Ltd Jun 8% 11,900 12% 30 122 y4 Jan Jun 48 3072 *36 74 19% Jan 83% Jan Oct 102% Aug 42% 2,600 29% 127a 156% Jun * . 63% Nov 124% Jan Oct 74 17 « -No pax 9% 6 2074 3074 JNo par common Du Pont de Nem 94% 20 7a CO 0 3672 " ly 17 Ma 11V4 Mar n Jan 207, 29% 127a 15 Oct 21% 2(7/8 .No par 111% Jun Oct 164 20 1,000 13 77a July 15 *C 14% 112 36 6% Batcrdfty Dow Chemical 20% 97% 18,800 43 74 72 LOW Douglas Aircraft Jun Feb 1374 9 11% Mar Jun 37 43 13 July 20 18 43% 36% 4374 Jun 9%.Tr- Apr Dec 119 7,400 974 5% 207a .2 Class A 4 6 387a 974 137a .1 Dr. V4 Jan 3772 972 * 16% 8% 137a Par 9 7 377a 87/a 22% 5% 2274 20 86 Fei 108 78 101 22% 22 1374 72 13 367a 8% *51 19V2 2 Dtvco Corp Dixie Cup Co 16% Jan 25% Juiy 12 5 7a 574 5% 54 18% STOCK Jan 13 „.y xl Dec 4 May 24 57 36 'A 14% 13 74 EXCHANGE tl Jan 13,800 3572 21% a 22 60c YORK 2,600 457/a 3474 49VZ 'a 147a '217 *50 26 Corp NEW 1 46% May Tr 14% Mar 25 53% Nov 18% 54 *50 No pa* common S per share share 5 *<4 -V, 38% NOV 38% A Corp-Seagrama Ltd Highest l2V* Jar 45% 24% Atnee Jan. Lowest Highest 4 147a 21% STOCKS Year 1949 Lowest class participating preferred Range for Previous " T, , 14 2174 2 Diamond T Motor Car Co Jun 40 Vilbiss 3174 44 35 8% 1 12% Jun Devoe 31 447a 35 8% 3 21 % Mar 13 NOV De 3172 44 357a 19 % 14 1 Stove Co NOV 13 29% 4.57, 29 74 217a W RR Co_100 24% Mar 14 29 7, 19% 4972 13'/a Jun 74 7 50 34% 29 % 49% 8 20 Detroit Steel Corp 237« Jun 7,100 197, 100 4—— 22% 14 77a 29 preferred (The) Jun 29 • 39 2974 Jun 18% Jmy 13 3,300 1974 28% 16% Jun 1472 1.97a 100 D"trolt-M)chtean 40 147a West RR 11 % 15 i 34% Light Co—.13.60 Hillsdale A S 98 72 357a' 3474 for Co 9872 28 % ,4% 100 Edison 98% >97 44 "4 28 35 common ctfs Oil Feb 8 5% ,>u.y 12 Jan Escrow O-bv 18% ; 7 7a 34% for ctfs Detroit & 9 6 '/ft 28 8 9,200 9874 7 427b 874 3,800 29 9874 67/8 3574 8 217a 2874 98% 6% 42% 60 21 29 98*4 14 74 23 Western Grande Rio & Escrow May 19 I & 20% :J87v 98% 14 VH 27 Hudson 20 29 BG'/t '■ ',!0 28 % 14 35% preferred. 300 17 41,6 7.3% 42 74 1 common ly 13 7 %u..h OACl Jun 5% 19 7% *16 17 17 % 3 No par Deep Rock Oil Corp 38% Jan 24-/K J 1.800 ■ _20 22 Oct 29% Jan 10 1474 13% 19, 93% Jan 8ep 1974 9674 1474 98% 17 % May 26 •> 187a 9674 14 :9 7, *98 .01% ADr <*7 197a 98 13% 9% 7 43% 36% 29 7a 1972 1.8% *96 7a 716 :.7 100 29 40% Jaa *16 A Jun Jun 167a 19 98 13% .37, series Jun Mar 16 7a 19% J8 13% 3.75% Power & Light common 17 26 137a 18% *9672 fHYe *96% 13 % Preferred Dayton 30% 31 98 *96% 100 2.60 20 1 18% 1874 18 1 .... preferred series A Davega Stores Corp common 5% convertible preferred i02% Mar 21 5 "/4 a.1 17 May 14% Mar ?4 July Jan 9% 4% May 25 lu '8 J'u»y 13 28% Jul/ 12 100% 7% 1774 Feb 3 13% Jan Dec May Corp 37i % 2 May 19% May 10 13% J'Vy 10 Deo 14% , 22 75,700 2,800 . ' 2,500 13% 12,700 5 ; 10 4,100 37% ' 39 38 y4 39 4,300 *2% 3 *2% 3 400 - Number 4927 Volume 172 . The Commercial and Financial Chronicle . . •"f'W/ NEW Range for Previous Range Since Jan. 1 Lowest Highest t per share NEW Highest $ per share $ per share v $ per share Par Jun Jan 37% Mar io 19 Feb 25% Oct 22% July Apr 19 V* Oct 23% Dec 15% July 21 22% Jan 12% Aug 11% Mar 15% Oct 13 % July 12 17% Jun 2 15% Dec 15% Jan 18% May 10 Family Finance Corp Fedders-Quigan Corp 45% Mar 27 3 Fairbanks 26 3 8 Fajardo Sugar Co 7 Falsiaff Jun 38% Jan 35% Mar 11 41% Jun 20 Federal 14% 3% Jun 18% Nov 16 % July 20% Jun 12 6% Jan 4% Feb 24% Feb 36 95% Mar 104 6% May 42% Jun 33% July 17 Dec ' 103 Sep Jan 10% Nov 20% Jan 10% Jun 29 13% Jan 12 12% Jun 17% Dec 16% July 13 22% Jun 9 63% July 81% Dec 52 83% Feb 8 56 Dec Jun 22 43 105 July May 53 Jan 21% 67 15 108 Jun Jan ,76% Apr Jan 10% July 13 14% Jan 31% 23 Jan 33% May July 17 103% Feb Dec 13 18% Dec 16 ± July ±3 May 8% 78 Apr Jan 82% Nov 96% Oct , 13% 13% 14 13% 14 13% 13% 4,600 17 17% 17 17% 17 «/2 17% 17% 17% 17'% 17% 6,300 39 % *38% 40 17% 18 5% 5 STOCK EXCHANGE *37% *38% 39'/4 17 17 17 17 5% 5%. 5% _5 33% 33% 33% 34% 100 104 % CLOSED 40 40% 18 »/4 18% 181/2 5% 5% 5% 35 36'/2 36 % 36% 35% 104 104% 500 40% 181/4 1/2 *38% 600 11,700 6 10,900 36% 290 104% 104% 1041% 10 % 10% 10 Va 10 Va *10 % 10 >4 10% *101% 10% 100 17 17 16% 17 17'% 18% 18 18y« 171/4 18 »/2 3,700 10 *52 53% 54% 55 55% 56 y-i 56 57 551/2 56% 1,900 61'A 62% 5,600 *105% 1061/2 * 105 60% 60 % 60 59% 25 106 106 106 60% 104 61% 6IV2 10b Vb *106 105% 106 67 % 68 67 67 Va 1,000 11 Va 11% 11'/a 11% 2,500 24% 10,400 No par *11 11% 10% 11 *11 11% 23 23 % 106 •19 % 106% 'lDVz 106% No par -—7% 16 Florida Power A _No par -No par _io No par Light Co Fiorshelm Shoe class 2 Follshsbee Steel Corp 27 Food Fair Stores Inc 18 >eh 10 23% 24 23% .No par *104 104 *10% 68 10 9*% .84% July 17 , Food Machinery Dee 27% July 12 36% May 22 Dee 24 1. Jan SO 25% May 20 Nov 12% Aug »' 10% Ma; 9% Jan 3 €0 Nov 56 . 11% Jan 24'/4 106 62 y8 23 Va 24 % 23 % 140 180 106% *105% 19% 19% 19% 19-/4 19% 19% 16% 16 16i% 16 16% 16% 17% 13 13 Va 18 18% 18 16% 18% I8V2 13% 13% 13% 13% *13% 14 14 14 15% Jan 17% Dec 15% 15% 16% 15% 13% 16% 16% 16% 16 Va 14% 14% 14% 15'% 15% 151% 15 Va 16% 16% 16% 12,100 6,100 8,600 Vaj ' 106 ■ >106% • >106 106 •> 19 % 19% 3,200 16% 17 6,200 18% 18% *13% 14% - 16% Jun 23% Dee 20 * Feb 78% Feb 75 Mar 6* , 7 25y8 24% 26% 25% 26 26% 27% 27 % 9,600 400 28% 35 85 85% *84% 86% 851/2 87 861/2 861/2 96% 96 % 95% 96% 95 95 95 95 % 94»/2- 95% 29% 29% 29 Va 30%.' 30 V*. 25 24% 24% 14% 14 14 Va 28 % 28% 29% 29% 24 24% 25 25 No par 14% 14% 14% 14% l 8% ._lo common prior preferred Froedtert Grain 8c 26 , 24% 84% 25 ; ; Freeport Sulphur Co 3 » Jun 82 16 10 100 Francisco Sugar Co Franklin Stores Corp 10 Apr 25 4* preferred 9 9 *8% 59% 14 % 13% i 9% 58% 750 15 3,100 30% 220 24% *24 14 3,800 , 600 9% 9% 4,600 62 57% 58% 58% 58% *13% 14% 14% 14% 22 22% 22 % 22% 22% 23% 23% 24% 231% 24% 78% 100 : 14% 280 ' 14% 79% *77% 79% *77% 791/4 *77% 79% 78% 79 6% 6% 6% *6% 7%'/" 7% *13% 1 : *24 9 *8 % 9 57 57 lo Malting Co Inc_l Fruehauf Trailer Co common 13 ■ 100 8c Chem Corp 67% May 20 * , 14% July 19 , 1 convertible preferred say, Fab July 14 11% . 3%3fc preferred Foot*1-Wheeler -Corp <• 15% July 11 , 8% July 12 3%* , 99% Apr 24 94% July-21' 25% Sep 13% *66% 30% Jan 3 33% 67 13% Florida Power Corp Feb Feb 1,600 13% 66 $4 preferred Jun *38 3,900 15% 5% com Florence Stove Co. 21% 8% Jun 3,200 24 Va 15 Va 65% :2 19 % 8 42% 24% 15 »/a 65% 19% Feb 14% Jan i 3 24% Mar 30 (42% 25 15% • 29% * May July 89 * Dec 42% 24 % 15 Va 2 _ 17% May 'Apr ' 5 * 42 »/4 24% I5V2 65 22% Mar 23 11% Jan , Tire 8c Rubber 15% Jan Oct Jan 14% Feb 20% 13 15 % 24% . ' Sep 421/4 24% 15% 5 (The) Carpet Co Fllntkote Co (Tho) common Mar 17 20% , 41% 24% 15% 106 3 27% Feb July 17 42 24% 15% No par 1, 106% July 27 Jan 41% 24% Firth 20 28 41% loo 3 Shares 24% First National Stores July 17 Sales fm the Week _1 nreferred 65 184% 1 Jan 9% Firestone Friday July 21 $ per snare *,Lure (J 40% No par Fidelity Phoenix Fire Ins N Y 9 Dec 17% July 13 12 May S I per share 15% 5 Truck Ferro Enamel Corp 17% 18% May 13% 13 Feb rhursday July Hi July 19 I per share f per share PRIC'Eb W»<ina*<iay 1 Felt 8c Tarrant Mfg Co 69 11% July 96% July 13 52% Jan 105 107% Mar 8ALE July 18 1 common Federated Dept Stores common «%% preferred 106% May 25 3 * 22 Motor 17 1 Mining 8c Smelting Co Federal 6 HIGH Tuesday July 17 . No par Federal-Mogul Corp Jun 3 I per share (297) 20 Morse 8c Co Brewing Corp 32 14 Monday Saturday July 15 ft' f RECORD LOW AND STOCK YORK EXCHANGE 34 41% STOCK 8TOCK8 ' Tear 1849 Lowest YORK * * 61 *14% 100 15- 8,800 150 G 4% Jun 7% Apr 5% Jan :2 '4% Jun 7% Oct 7 % Jun 29 14% Jun 31% 16% Jun 18% Dec 9% Jan Oct 6 9% Apr 30 6 % Apr 9% May 8 Oct 41% Jan 33 July 21 Feb 17% 17 Jan 20% Apr Jun 19 Apr 17% July 12 10% Jun 16% Dec 15% JaD 3% Jun 6% Feb 21% Jun 32% Feb 21 15% Jun 23% Jan 17% Jun 13% 19% Jan 41% Sep 99 107 9% 105 45 Dec 21 % Jun 3 105% Mar 12 Jan 3) Feb 8 18% Jun 12 Jun 10 Jan Apr 79% Jan 63 % Mar 31 24% Jun 31 Jan 25 17 Jun 20 Apr 14 6 129 Jun 139% 6% Mar 29 $8 12 34 17 17 *16% 17'% *16% 17% 17% 17% 17V4 17% *17% 18'A 18 18 19% 19% 19 V, 191% 19% 20% 20% 21 1 4% 4% 4% 41/4 41/4 4% 50 *21'A 22% *21% 22'% 22% 22% 23% 24 17% 17% 17% 17% 17% 18 17% 18 18 18% 2,500 18% 18% 19% 19 19V4 10,300 *106% 107% Cable July 13 18% Jan 42% Dec 41 Jan 48% Dec 46% July 13 93% Jan 100% Dec 99 % Apr *6% Jun 13% Jan V, Jai 7% 138% Jan July 17 Jun 51% 103% July 6 8% July 12 13% Apr 2nd *101% 102'% *101% 5 9% 9 149 *146% 5 15% Jun 56% Dec 51% Apr 20 57% Mar 8 128% Jun 124 V8 Jun 13 129% Mar 3 5% Apr 112 Dec 106% July 17 115 8 3%4fc Mar Mills Jun Nov 68% Jan 99 V8 Jun 13 123% Jan 127% Sep 122% Jun Jan 104% Dec 102% Jar Feb 19% Sep 7 2 23% Apr « 13 127% Mar 105% Jun 11 15 *97 22% 11% 4% 27% July 12 38 Jan 17% Apr Jan 7% *62% 65 *62'/2 *26'/4 27 2 6'A 26'% 500 14% 14'/4 14 14 14'A 14'A 14% 14% 14% 14% 1,500 108 V, 108 108 108 53% No par 106'/4 f per share 54 Nov 20 y« Jan 124% Dec g per Nov 6 Feb 7% Jun 24% Jan Mar 34 Dec 99 % July 122 Jan 22% Jan 31 20 17 Gen 23 7% Jun 7 18% Feb Nov , 22% Jun 30 % May 101 % Jun 25 27 share >. 12 General Time Corp common—No par 27 - Jan 15% Jun 21% Jan 19% Jan 67 July 77% Apr 77 % Jan 23 64 Sep 73 Mar 68 Jan 7 «% .Tee <>* 28% Mav 3 Jun 12% Feb 24 Jun 37% Dec Jun 91 Jan 90 80 5% 12% 17% Jun 80% Jan Jan lo 80 Jan Dec 28% Aug 16 July 17 17% Jun 25% Dec 65 Dec 53 10% Dec July 48 5% Jan *95% Jun 14 Ye 52% 116 19 Jun 104 Jun 34 ■Jun 08% Jun 3% 16% .. 93% Apr - Dec 101 \ Dec Jan 98% Jun 3 9 2- 11 o 23 104% July 21 05% May 31 13 t Apr 32 Jan 36% Oct 11% Jun 14% Sep 12 Jan 3 33% Jun 43% Jan 33 Jun 16% Jan 133% July 62% Dec 33% Mar Oct 18% Apr 137% Jan 3 Apr 28 14% July 20 19% 67 Nov 65 Jan 6 43% Dec 36% Jun 22 29 11% Jun 14 % Mar 9% Oct 12 July 93% Jan 100 July 15% Jun 13 Jan • Mar 151% Apr lx jan 45% Mar .. 7 26 86 7 17% May 23 20% Apr 95 Apr 17 18% Jan 13 11% Jan 10< 11 ran $5 convertible preference Glmbel Brothers 5 Feb 9% Jun 14 Jan 12% Jan '1 1 Jun 54% Dec 49 Jun 30 57% July 21 Jun 71% Jan 59% Jan 29 72% Jun 41 66% 16% Jan For 7% July 22% footnote# Dec «ee No par 5 common $4 50 preferred Gleaner Harvester Corp— No par 2.50 Glldden Co No par 4% % Goebel Gold (The) common convertible preferred J|p 6% Jan 18% Jun •»# 3 30 Apr 24% Jan 19 23 13 31% ' 251/4 3*2 25 102 18% 25 Va 102 18% 123 15 •% 16 15% 19% 19 €'/» 6% 24'/4 24% 24% 24% 32% 104 25 1/128 25'/4 *102 32% 104 *32'/4 25% 25'/4 1/64 rl/128 2,900 20 5.100 6% 25% 5,200 26 900 32% 32% 103% 110% 570 25'4 19,300 33% 106 21 Va 120 6% 25% 33 32% 25»/4 6% 25 105 *104 120 123 6% 6 V, 15% 20% % 2 19% *120 123 *120 6% 108 25 1/128 25% 104 Goodrich Co Co *83 261/4 25% 25% 118,000 28 29 *10? *102 1,400 29 104 104 26% 26'% 104 *102 85% 100 2,800 25% 25 - Iron Ore Western 13% 37 37 "8 92 *88 92 15 Va 85 *83 16 16'A 16 % 16% 23% 24 24 '/a *53 14% 83 7% 35 8% 108 14% *53 8% *106'/a 14% 54 V, 8% 108 14% 8% *106% 17 17 16% 24% 25 54 53 53 8% 86% 104% *103% 49'% 43 Va 106% 106% *10o% 11'A 11% 11% 12'/4 1% 1% 1% 1% 12% 12% 12% 1% 1% 1 Va 8% 8 7% 7% 7% 30% 301/4 30% 35% 36% 36% 37% 26% 26 'A 25% *101% 102'% •101% 12 12 12 121/4 V 4% 104% ♦ 38% 8% 12% 31 39% 26% 26% 26% 2,100 5,100 1,300 102% 10 13% 1,500 »/, *101,% 12% 12% *32'/2 33 "2 33 % j . 13% 13V2 13'/2 14 14 14% 14% 14'/4 14'A 5,400 37% 38% 38% 29 % 39% 39 4 39 Va 41% 40% 41'/. 24,100 19% 20% 20 20% 20% 2C 1/2 20% 20% 3,700 149% 149% No par Green Bay & Western RR Gr«»en Co Inc —100 *32% 19",a 33% 2j'/4 *32 % 33% 149 149 150 150 70 70 *68 73 *•>- ,z *149% 151 *68 73 *68 73 149 *68 1,000 10 66,300 37% 36 Va 37% 36% 37% 37 15% 15% *151/4 15% 16'A 16% 16% Tap A Die Corp__No par 15% (The)— 3 Aircraft Corp r nmon 9% 9% 9% 9% 9% 100 1 *97% 98'% 97% 97% '97% 28% 29% 29% 30 9% 9 % 1 9 Va 9% 29% 8% 0% 9% •97% 98% *97% 98% 20 « 30'A 31% 30'% 311/4 36,000 9% 8% 9% 9% 9,400 27,000 93 ii 3<>- » j-% 16% 15% 16% 56% 56 Va 56% 57% 67 671/4 68 20 Va 20% 20% 16 14% 151/4 15% 15% 15 No par 54% 56% 55% 56% 53% 25 62% 63% 63 % (4% €514 66 661/4 19% 19% 19% 19% 19% 20 ■20% cor' Oulf States Utilities Co No par .4 9 5c% RR com_No par preferred 50 17 37 pi el erred 240 4,500 *15 Common 73 37 Va 1 , 149'/4 36Va 37% 9»Mr ' No par No par 100 Gulf Mobile A Ohio 5,500 8% 8% 30% 38% Prop—No par pfd Sugar com Corp 3.000 12,500 2 12'4 10?'/» 12 % 800 12 Va 2 20% » 26% 26 600 11,400 106% 29 Vg 30 'A 40 2,900 13,100 52% 106% . 100 104% 51 51% 35% 26'A 90 106% *30% 101% 88 50% 7% 25% 15'/a 106% 103 30% 101% 14% *103% 104% 49% 48 107% 151/4 89V4 - 4,200 8% *106% 88% 83% *103% 48 8% 107% 15 88 87 851/4 1041/2 8% 106% 8% 108 7,900 • *32% 14% preferred L> 2.1C0 17 25 *53 15% 15 -5 12 24 V, 54 *53 100 1 85 ' 54'A 1% 30 . 15,300 17% 16% 24% 16«% 100 92 *83 F-5 7,000 37 Va 37% *88 1C% 16 '/a 16 % 12,100 13'/4 12% 12 Va 12% 12% 23% 11'/4 Co common— 85% ' 35'/4 *88 16 106% par *83 24% 23'A 106% _No By 6% -mi 15 1 $2.25 conv preferred O" 16 v. 47»/2 (The)— Gt Northern $5 15% 1037/a preferred Grayson-Roblnson Stores com Grumman 15% No par No par 3%* Greenfield 92 No par preferred 1% 13','2 351/4 92 No par Gotham Hosiery ureal 12% 34% 93 8% (B F) common—No par $5 preferred Union 12% 35 *106% —10 Ooouyear Tire 8t Rub com $5 121/4 34 *89 .1 Telegraph Co Goodall-Sanford Inc 11% July 11 Tt, 24% 25% 100 Brewing Co 8c Stock 4y»* 31% July 20 6% 104 15% 15 *120 40 Grevhound 9% July 17 31% I8V4 110 Gi Northern 17 144% Mar 37 6 V4 15% 123 8? Grant (W T) 29 32% July 14 18 1/4 19,300 *78 29% Apr 28 15 120 8,800 11,900 3 15% PO Granite City Steel 17 % Feb 13% 3 15 Va 70 40% May 12 11% July 13 13 3 3 3 79 10 16% ±0% Va *75% -5 Jun 11 13% 2 79 Grand 3 13% 3 *75% Granby Consol MSA P 14 13 Va 3 79 Graham-Paige Motors Apr 131/4 3 *75% 18 103 13% 2'/a 100 Georgia-Pac Plywood 8c Lumb Co__ 1 Gillette Safety Razor com No par preferred 28 . 13% 100 preferred 3%t Apr 3 3,800 90 37% Feb 2 2,100 30% *87 4 Mar 17 30% 86% 29 25% July 16% 30 86% Jan 100 17 29% 24% io 4 lfi% 2n3/4 86'% 18 24% Jan 17 19 '/a 24% 7% Jun : CLOSED 16% 28% STOCK EXCHANGE 15% *86 2% Feb 10 500 ■ 86'% 13% Feb . 105 24'% ^ * 1241/2 105 23% n 29 124% 105% *85% 27 20 124% *104% 23% 1% Jan Jan 28% 20% Mar IP 3 700 124% va 85% 10 % Jun Dec 28% Jun Feb 112% Jan 5 11 124% 23 5 103% Jan Apr 30% 12 27 23 *124% 136,800 85% Rubber Co com 4%% * 124'% 84% 24% 108% Jun Jan 8% Feb Jan 43% Jan Sep 16% Mar 1% May 6% 16% 69% Jan Jan 58% May 101% Jan 20 Jan 106 Jun 10 Deo July 31% May 13% Max 24 Aug 46% 7 24% . 106 % July 20 Sep 72% Jun 100 ! July 21 7% Jun Jan 2 85 53% July 14 72% July 3 Jun 18% Jun 19 21 May 42% Jun 100 • 4 13% Apr Oct 15 July 20 100 preferred General Tire 8i 86% July 20 31% July 13 79"% 1 ♦%% 124% Shares 83% 85 29 1/128 Rights 7 32% Jun 102% Jun Dec 83 % 104 Sales for the Week $ per share share t 87% 81% 104 y2 Friday July 21 July 20 81 'A lOo 1,200 Thursday *h"'p f '78% *104 180 109% 16 24 20 v 125% *106% PRICKS W'llnfclgj July 19 1 per sharp *125 28% 104 10 27% 102% Jan $6 pfd General Telephone Corp 25 Jun Apr 22y Jan Corp SALE 125% 108 53 107% 5,100 53 16 1 No par Gen Steel Castings 11 July 1/128 July 17 18% 99% 101 General 4 30% May 11 July 18 Shoe 2 May 128 100 10c HIGH July 18 9 53 29 No par Refractories General Jun 35 1 5 No par preferred Oeneral Realty 8c Utilities 26% May 20 •• 2 30 Railway Signal com 4,700 9% 54 V, 16 1 6% AND Tt»r«day 104% General Public Utilities Corp 24% Feb 126% Feb 300 9% 108% 123% 10c 48% 101% 8% 125% 108 i 52,300 6,4C0 467/a 101% *125 125 July 17 43 45% 45% , ,190 49 54 125% 108'% 104% No par 53% 110 103 9% 107 % 123% No par Equip Corp 54% O co iF 47 % 125% No par 3 17% July 87/a 0 100 65 *101% 10) 107'% No par July 13 120 9 54 , 44% 44% 491 48 *101% 8% 78% Public Service 44 48 103 108% 108 1031/2 46% 8% 77% 10 108 *101% 47% Mondav July 15 44 Va 42% 42% 102 LOW ffaturday 7 Vs 125% *125 100 STOCK July 21 14% July 13 17 Jun 7,500 7 V, 8% preferred Advertising Gen Precision 7'% 7% 2,500 7% 26 »/4 1 Corp Motors Corp common General 4% Mar 23 . 16% 63% 101 Va General Portland Cement Co 21 Dee 149 16% 16% 67/a 100 TOBK Gen Outdoor *146% 2,800 97/a 9% 9% 149 lb "/a 4,100 25% No par $5 preferred Preferred $3.75 series 3 12% July 12 2% July 12 3% 24 20% < Dec 38% Jun May 15% 120 July 13 16% Mar Jun 11% July 2% 15 97/a *146% 20 51% 103 63% Par General 10 149 14% 107% 50% 26'% EXCHANGE 12 9% *146% 15% *103% *101% 103 400 24 66 47'/, Sper share t per share $ per share 72% '101 »/2 103 400 7,500 7,400 5 i *23'% 50% 48 47% 15 6Va 6 Va ' 51% 21'/4 4 *63 41Va common NEW Highest 20 Va a *25% 100 convertible Range Since Jan. 1 Lowest Highest 181/4 25 STOCKS Tear 1949 17 Va 66 6% No par preferred Range for Previous 700 200 17 Va *17'% 17% 25 No pkr Corp com instrument General Jan 33% *63 No par $3.50 preferred General 33 34 *16% 149 9% * 50 No par com preferred Electric Co 21 33% 107 46% *101% 103 15 15% 18% 107 46'% 9% *1461/4 Cigar Co Inc com General Foods Apr 44% t per share No par preferred General 50% Jun 13 123% Lowest 45% 1st preferred conv 18% 108 *107 45% 7V4 7 7'/s 7 100 Corp 4* 34 18 % 18 108 *107 45% Corp 4* General 17Va 1 5 No par Bronze General 0 9% Jan com Baking Co common Jan 39% 97 33'% *33% 100 30% Jan 75 2,200 33Va 1.66% preferred General 7'A 2 preferred series A General 300 71/4 *33% com investors 29 Jun 108 Apr $4.25 8,700 17% *17% 33% Transportation Amer 8'/4 17% 7% No par Co American ai r 3,200, 77/a *17'/a 7 '/a $4.50 preferred 8 166 July 13 65% ur General 3 9% July 13 13 % Jan 13 ojy* Max 7% 8% 7% 4% % convertible preferred Gaylord Container Corp 107 % July 14 11 July 146 Jan Dec 15 Jan 18 6V« 8 7 V, (The) Corp 6% 8 7 Va No par Gar Wood Industries Inc 30% Apr 29 101 % July 13 Jan 163% Feb 6% Apr Garrett 7 17 *16Va 50 (The) Gardner-Denver 20% May 22 23 17% July 13 Dec 11 Jun 19% Mar 16 July 13 Nov 106 Oct 9% Co *167/a 17 7% 17 5 convertible preferred Gameweii 7% 17 20 preferred 6% 9 25 *"■>7 Va 1 common Gamble-Skogmo Inc common 21% May 20 i 3% July 13 Jun 48% July 152 10 6% *6 _1 _ (Robert) Inc - Jan 103% Dec Oalr Co 4 39% May 13 15 (TTre' Gabriel Co 17 9% May 19 18% Jan 28 2,800 18,000 8,700 Jill } r 18 (298) The Commercial and Financial Chronicle NEW Cange for Previous t per Range Since Jan. I Lowest Highest share $ per $ per share NEW Highest YORK LOW STOCK Par Monday July 17 SALE Tuesday July 15 $ per share share HIGH AND Saturday EXCHANGE . Monday, July 24, 1950 . STOCK, RECORD STOCKS Year 1919 Lowest YORK . PRICES July IK S per share f per t per share Wednesday Thursday July 19 share Friday $ per share Sales for July 21 July 20 $ per share the Week S per Shares share H 31 Jan 39% Dec 31 July IK 46% Feb 14 Hackensack 16 % Jun 24% Dec 22 % Apr 20 31% Jun 23 Halliburton 12 Jan 14% Dec 13% July 18 153% Jan 12 Hall 14% Jan 12 80% Feb 8 11% Jun 13% 72% July 81 Apr 108% Nov 23% Jan 142 May 20% Jan 4% Jan 61 . 149 5% 108 11 20% July 13 141 Feb Jun 30 148 Hat 68% Oct 64% Jan 5 75% Jun 26 11 Dec Jan Dec 33 Oct 103 July 13 July 17 Feb 33% Mar 16 3 98% Apr 41 Jan 9 106% Jan July 14. Jan 32% Dec 26 Jan 42% Dec 39 July 14 44 13% Jan 17% Aug 14 Jun 29 203/4 Mar Mar 20 Hecht 33% Mar 16 53 Dec 3.65% Helme Mar 10 131 Sep Hercules 26% Mar 45 Dec 37 % July 21 48. Jun 53% Dec 53 56 Feb 52% Dec 21% Jan May 12 Jan 10% Jun x51% Apr 21 15% July 14 68% July 14 80 Jan 11% Mar 6 14 May 15% Dec 143/4 Jan 4 12% 15% Sep 12 29% Dec 153% Oct 22% 31 Jun 8 Holland 10 % Apr 5 14 3/i May 10 16% Apr 25% Jun 18 Apr 34% Dec 32% Jan 19% Jan 12 9 29% Mar July 12 11 40% May 10 Co (A) 5% conv Hooker 116 Dec 109 Jan 13 132 101% Dec 101% Jan 12 107 13% Dec 10 >/8 July 13 14 Jan 9 35% Nov 30 % July 11 34 Jan 10 $2.25 Jan 41% Nov 38 V« Feb 10 99% Dec 29 3/8 July 13 *2% Jun 29% Feb 12% 4o% May 44% Oct Jun 28 May 99% Mar 13 38 % Jan 12 593/8 May IS Jun 16 Oct 15 1934 Apr 27 31% Jun 46% Jan 33 % Jun 27 44:,/4 Jan 9 4% Jun Dec 7% Jun 27 11 % Mar 13 Jun 11% 17% Dec 11% July 21 8% 33% Mar 22 Jun 477/« Jan 35% Mar 9 Feb 14% Oct 13 8% Nov 11% Jan 1% May Jun 2% Jan 183/4 Dec 10% 17 26% 95 95 *94 *32 34 *32 33 33% *32 % ft >103% 104 10374 Mar 13 4% 26% 2674 26 5/8 *33 % 39% *38% 39 *38% 14% 1474 14% 15 15% 14 52% 124% 39% 33% 33% 38% 38% 38 % 37% *5".% 54% *5374 54% 53% 53% *52% 53 *52 3 53'% *523/4 *523/4 38 16 % 16 16 16 53% 16% 113/4 11% 12 11% 12 % *63% 69% *683/s 70 *b9 1174 11% 12 12 12 *15% 1574 15 Vs 15 Va *1574 1574 15% 15% *11% 1274 12% 12 74 *113/4 12% *1174 12% *117/4 23 23% 23 23 % 2374 23% 23% 2374 10 Va 1074 10 74 11 11 11 *10% 11% * 17% 4 " 1 5 5 , .110 ; No par Oil Texas t 70 6 Hussman 70 *69 12% 123/8 100 23% 6,700 10 % 11% 5C0 18 18 34 17% *17% 17 S/8 26 74 26 '/a 26 V4 *26% 27 26% 2674 400 35 36 35 36 34% 3474 9,500 34 34 34 34% 3474 343/4 35 />£) 353/4 36 2,500 118 74 *114% 118 *11474 118 118 118 104 *103 104 *103 104 *103 104 11774 *114 % 104 31% 96 30 96% 30 11 11% 32 30% 31 30% 30 31 97 *96 104 48'/a 50 % 4974 50% 50"/'u 17 7 B *16% 17 Va 33% 34% 774 73/4 7% *16% 34 ■ 16% *16 74 34 *7% 34 34 8 7% 7% 100 12% 12% 12 1274 Ltd—No par 39% 39% 40 4074 4074 1374 1-3/8 13% 13% 14% 12% 12 3 4 12% 1274 6.66% 12% _1 23/4 No par 16 12% 274 7TOCK8 2% 2% Xl6% 17 17 74 LOW Saturday Monday July 15 AND HIGH 3 SALE S per share share 4.000 400 10474- 600 49 2,600 51% 50% 51% 9,000 17% *1734 35 18 100 3474 34% 8.300 774 7% 734 600 *12% 123/4 11% 12 74 41 '/a , 42 % 42 42% 9,000 14% 14% 12% 14% 15% 20.100 1274 33/a 12% 3:>/A 17% 173/4 PRICES S per share 32% 96 *10374 483/4 17 74 July 19 $ per 96 8C0 17% 113/4 Wednesday July IX 60 2,600 48%' 3% 17% Tuesday July 17 I per share 1174 180 U% 34 VH 4174 13l/s % 1,500 32 32%, 104 49 1 *30 97 105 48 % * 11% 32% 95% 103% 96% *95% % 10% 48 Par 400 23 % 18 49% S per share 5,400 % 35% 49 STOCK 13 16 12 177s 49 EXCHANGE 16 70 34% 49 , 12% 25% —25 Refrigerator Co *69 12% 100 17% 12.50 YORK 7,500 48% common—100 Min & Sm NEW 1,600 1274 48% Hunt Foods Inc— Highest 17% ll7/s 27 31 , 5 Hupp Corp.. 13 53 17% 104 Motor Car 22 53 16% 104 .preferred 300 12% 104'/a Corp—.— 1.8C0 53% 104% Co Manhattan 20 38 5334 11% 100 c 6,100 16% , 1 No par v 900 5234 12474 36 '*114 100 ^ ——_— 1534 27 5 com 39 35% --*17% ___30 Co 4 *30% 4% Apr 52 *123% 53 5/8 3074 14% Jun 1,500 15 % 53% *523/4 10 Light & Power Range Since Jan. 1 51% 30% 255/8 Apr 2634 26% *38% *123% 3074 3 130 15% 5278 *30% Bay 103% 26% 39 1241% 1074 Hudson 29 100 1033/4 33% 104 *123% 1074 non-cum 26% 10 33% 38% .—j—12.50 Houston 5% 51 2674 800 33% 113/8 — com Hudson $ per share 123% 1074 12 share 5174 50 123% 10'/a Stores *103% 39% preferred —50 Finance common—No par & 95 26% 1047a Sound 27 *94 16 : Houston Howard *26 95 :100 _ preferred Hudson 26% 26% *10234 of 104 20% 26 % *38% 5074 Co E)- preferred Howe *103% 2074 r 124% & 42% July 21 Lowest 103 7a 20% 4/ t» *133/4 conv 33/4% *32% .'*• 1034 July 17 Highest $ per 4.J00 26% No par l3/4 Jan Year 1949 I per share 2034 20% No par Eange for Previous Lowest 20 % 25% 503/s A 2nd pfd series A preferred $4.25 8% Jan 16 20 % 96 ___50 Co__ 17 % Apr 9 July 13 20% 5 Paper Houdaille-Hershey 9 46% Jan 3 $4.50 9 May 24 104% July 14 563/4 Jun 19 July 16,500 1 Mining Household Jan 1.4 2,200 6% 5 Electrochemical Jun 103 9% 6% 20% i preferred Homestake Jun 28% 86% 9% 6 Va '*123% Sons,. Holly Sugar Corp— Sep Feb 9% 6 26 % Corp Furnace 9% . 9 5% *94 * 40 9 5% 23 I_50 B 73% 9 —100 series 73% 5% 96 No par 73 % 8% No par com 1,900 1,100 6 5% 100 common 25 6 24% 6 8 3/4 25 .Ilo 145 *141 247'8 8% <.94 .25 4.000 5% ^25 — -_■» 2274 *20% « —_^No par 107% 8% TOO ; 120 7134 106 % 5% •* ___-5 : : (Charles Hollander 7 47% Jan 13 1 __2 * : Dauch & 94% 30 73 % * J15 Inc Hotels Hires 34 100 Hilton 9 Sep x24 4 22% July 13 Jan 73 74 preferred 17% May 22 Nov 73% preferred series A 16% May July 12 28% 74% — preferred Hinde 50% *73% 4%% Dec Jan 74% Hcyden Chemical Corp. 3%% preferred series Sep Jun ■*i *73% Hewitt-Robins 12% 16% 5% 18% Jan 84% 34% 24% 53/4 4%% Dec 24% Mar 24% 53% 14.C.00 2274 145 *141 24% 574 ; Hershey Chocolate 8% May 11% Jun 145 24 % * 533/4 Feb 2274 5 3/4 223/4 Feb 27 *141 145 213/g 23 3/4 Co— Powder 5% 2174 21 71 * 300 3134 11% 11% 71 107% 53/4 preferred—— 58% May 19 *141 24 1174 *68 *106% 5% common 127 % Mar 13 145 141 CLOSED 213/s 21% 21 11% 70 107% 23% Motors 52 21% W) non-cum 20 3/4 70 *106% * common— Hercules EXCHANGE *1174 ' -r s. preferred (G 7% 100 Inc Co 3 123 % July xl3% Aug 14% Jun J) 69 107 ___-_10 common (H 69 *106 '■ 100 Glass 68 107 common— _1 preferred 6 49% Jan Feb 51% No7 Co 33/4% Heinz Marx_ Corp 23 Jun Jun & America preferred Hazel-Atlas 6 Jan 23% 34% , 4%% 5 com__No par *, Schaffner Corp of Mfg 37% 8% Refrac STOCK *31% 1174 11% 68 *106 100 ; pfd_-_No par 11% *11% _No par com $4.25 Industries 25 Jun 2,010 Co Hayes 93% 20 12 Va Co preferred-' (M A) Hayes Dec Jan 1,500 7 Dec 77 1478 10 25% Nov 28 1434 10 95% 40 27 Va 143/a 8 3/4 Jan Jan 122% 2774 14% 24% Jan July Jan 105 *31% 27% 14% 3 5 98% . 31% 27 14% 20% July 18 Dec 20 % Jan 31% 26% 14 % preferred Hart 10 Jan 31% 2674 1374 Watch conv 6% 12 84 30 Mar 31 73/8 Feb 9% 31 25% 14% Harbison-Walk 27% Jan 25 31 25% 5 3 10% 31% 25 Hanna 5% Jan Feb *30 *14 5 Dec 8% July 13 25 Well Cementing 5 Printing Co 2„5 Jun 24. 23% July 17 Hamilton 4% Water Oil F) Jun Nov Jun 19% Apr 7% Jun 4 104 25% Jan 6% 15 66% July 13 Nov 18% - 11% Jun Dec Jan 104% (W • 800 13% 1.800 3% 22,300 17% 3% 17 3,300 1 Thursday Friday $ per Sales foi July 21 July 20 the Week t per share share Shares I 31% Jun 22% Feb 73 ' Jun 20 Jun 25% Jan 3634 Dec 40% Mar 15 Idaho 363/4 Dec 34% Jan 25 43-% July 21 Illinois Dec 82% Jun 29 98' 34% Dec 34 Jan 25 41 37% Nov 31 July 13 100 33 July,12 51% July ~7% 3 July 21 41% Mar 23 52% Jun 4 Co 20 Central RR stock RR non-cum ctfs 4.08% common-10o pfd ser A 100 series A No par preferred cum 50 10% Jan 73/s July 13 29% Dec 253/8 July 12 5% July 14 333/4 Mar 27 Dec 42% Mar 28 56 May 16 Oct 63 71 Feb Ingersoll-Rand 8% Jan 33% Mar 53 % 55 72% Jun 155 Jan 30 May 165 Jun Apr 413/4 163 Jan 6 Jan 26 Jan 38 Jun 18% Jan 103/4 Dec 175 12% Mar 30 Jan 8 12% Apr 187/s Dec Jan 95% Dec 92% Jan 1 Jun 2% Jan 1% Jan Jan 123/4 Jan 22% Jun 29% Dec 164% Jan 180% Dec 6% 234 Dec Feb 73% 10 343/4 Oct Jan 86% Oct 3% Feb 6% Jun 31 % Jan 133 Dec 143 Feb 83 Dec 37% Dec 94 Jan 103% Nov Jun 130% Feb 4% Nov 7% 33% Jan 104 Feb Feb 5 26 24 25 1 July 12 43 Nov 71 Fab 49% Jan Jun 61 Feb 3 41 Jan 46 3/, Oct 52% July 6 38 % July 18 38% Jun 573/4 Jan 42% July Jan 33 Jun 34 3 Jan 13 9% Jan 3 11% Apr July 20 Dec 17 Feb 23 Aug 20 18% 19 2 Julj 17 % Jan 4 3/d Jun 9 16% Jun 12 240 133/4 Apr 88 . 6 22 24 Feb 9% May 30% Jun 137% Jun 109 7 Jun 23 8 % Apr 12 64% Apr 12 60% May 27 Deo 147k Jan 5 Dec 92% Jun 27 44 Jan 591/2 Oct 5 l/e July 18 54'/2 July 19 95% Jan 1053/a Dec 103 30% Jun 50 Va Dec 33 July 17 541/4 Dec 48 Jan Jun 29% Jun 26 3 141 Jan 7-% Jan 3 63 Jun 23 33'/4 Jan 277s Jan 13 36 73 Jun July 21 86 Jan 81 % Jan 13 90. Apr 30% Dec 40% Mar 23s/8 July 17 109% Mar 20 34% Mar 19 8 6 *5% 6 27% Iowa $6 & Creek Tea 3%% Johns Coal *5% 6 49 Va 52 52 % 53 52 53 6,500 66 66 66'/a 66 66% 66 66 1,800 170 170 *165 *165 170 *167 41 ' . / '*• '14% *9% 185 2574 174 8% 34% *76 4% 27% 137 & 173 170 Joy 5% *165 *5% 5% 170 42 413/8 4274 4274 43% 43 Va 43% 12,400 14% 14% 14 3/8 15% 15 1574 93/4 157 k 16 Vs 13 100 10 *9% 193 10 186 25% 174 *974 191 25% 874 34% 35% *76 4% 85 4% 28% 2874 *136% 137 Va 28% 137 934 19 1834 95 *93 % *1% 1474 27% 8 s/« 36 8% 363/4 85 4%. 28% 137 43/e 293/s 137 *9% 1874 94 1% 176 *76 43/8 18% 194 175 874 10 95 14% 26% 175 8% 34'/a 85 1% 14 192 27 175 41 42% *104% 108 42% *104% 6 6 G 53 53 53 53 *53 54 *53 54'/a 193% 26 '/a 17474 8% 36 *76 1% 2 15 153/s 199 29 3/8 137 5% 43% 103 , 36 % 36 29% Co 2978 137 35,500 220 108 6 6% 53% 41,000 *104V2 6 '/4 53 600 443s 5474 6% 55 Va 108 67k 58 300 2,300 290 44 54 54 53'/a 53% 200 335/8 38% 39 39 *38% 39 % 1.400 44 44 55% 38 % 44 45 45 *24% 3574 24% 34% 9% 353/4 10% 10% 10'/a 10 % 11 Vb 107k 11 Va 78,100 1834 2.7C0 10 45 % *34 46 45 46 36 *34 36 173/4 18 Va 18% 18% 18% 22 3,100 100 22% 2174 22 % 22% 22% 23 241/4 24 24% 28 28 23 29 30% 31 31 32% 30% j.10 31% 1,700 18% 1874 1874 13% 18% 19 18% 18% 187« 18 78 17.700 50c 28% 28 Va 23;% 29 21 % 29 '/a 29 Vs 30% 303/8 30% 4,500 *133 12 % common A com 100 No par preferred series A 100 Manufacturing Co 1 5 5% *55 loo *133 15'/a No par No par 138 5% 94 Corp.. „ 15% pfd—100 common Steel 29% 43'/a 43% 1774 No par series 2.900 13,300 13% 17% 1 Johnson 5 137 17 Va com- Co preferred 250 6,900 13 17 Co Inc 24.500 • 85 4% 137 *104% 8% 6,600 26% *76 4% 2,100 20,100 197% 174:,4 874 91/8 3674 90 2 26V4 • 43 3,300 17474 175 85 4% 400 18% 1534 196% 27% 10% 95 38 % 38% 9% 10 41% 14% 38% *34% 100 6'A 4174 :__5 common Jones & Laughlin 5% 574 *53 preferred 2nd 2.200 4874 105% 1 Manville Johnson 4% Co 4,600 No par Light Jersey Cent Pwr & Lt 4% Jewel 8% 27 Va 66 53 preferred L) 8% 21 Va 47% 105% —25 100 83-4 27 V4 No par Corp Power Island * 52 Va 4874 41% Corp. 8 26 3/4 64 Va 40 3/4 common *51 % 47% No par Stores Machine Feb *5% 8% 8 271/B 64% ■; 7.50 No par Utilities Dept (F 1 52 * 15 com—No par Salt Jaeger 51% May 18 51S/8 loo Silver Jacobs 107% Mar 52 No par com International Shoe 11 Jun 106'/a July 21 International 18 % May 3 9674 May 15 70 % Mar 3 21 Dec 100 preferred Intertype 102 109 5% 14 Feb Jan Int'l Rys of Cent Amer Interstate 148 7% 1 Limited Paper Co preferred—i, $4 International 136% Aug 18% 5 com__No par Packers International 19 Apr 51 % 8 Vh 2774 — — 22 183/4 July 13 31% Mar 15 523k 73/4 27% 1% : 27% Jun 45 5 2 3/8 8 27 137a Corp Canada Preferred 22% Jun July 12 527k 7 3/4 27 1 % 7% preferred ,.25 International Telep & Teleg—No par July 13 7,500 12% 1 18 1,100 32% 1% 36% May Apr 21 41 317k 18 S/8 International 16 40 3274 94% _100 Mining of International 403/s 32 Vs 14'/8 preferred Nickel 39% 1874 A—25 600 397k 1% com 44,300 323/8 13% class 3.400 4334 32% 94% 4 27% Jan 94 Sys 34 Va 93 39 Vs _No par Chemical 42 Va 39 *98 28 23 Jun 4% & 34 Va *89 33 No par Hydro-Electric SO 38% xl8% _100 42% 22 18% No par 35»/8 41% 89 39 93 No par 3474 90 33% 18% common 35 41% *87% 93 Machines Minerals 34% 40 90 100 463/sJan Jan Jan Int'l Int' 1 40% i-5 54% Feb Nov Jun : common preferred Int'l 32 2% 7% International 13% July 21 483/a Jun 23 Inc Iron 1 34 11% Ctfs Corp prelerred Intercontinental Rubber Interlake CLOSED 100 20 3974 *87% 34% *51% EXCHANGE No par Copper 34 3.9'/a 88'/a 32% No par % % 8 Jan •1 Insuranshares Tnterchemical Business 403/s Jun 5 Co Cons Harvester Jun July 11 Steel Int'l 24 135 Inland Int'l 16 Co preferred Inspiration 4 RR common Mar 29 Jan 24 5 6% Terminal 293/4 May 18 181 25 July 2r 50 7% 22 July 11 4 13 jJ% 30% Aug 5 22% Jun 27 25% Mar 31 10 x98% Apr 7% July 12 313/4 Jan Dec 25% July 17 25% Jun Dec Jun 185 171% July 13 2 Jan 13 Jun 24 11 25 137/s 9% X145% Jan 31 Apr 19 43% July 21 16% July 21 93/4 July 14 16% Jan 16 86% Jan 9 29 Illinois 333/4 38% *37 STOCK Indianapolis Power & Light—No par Industria Electrica De Mex, S A Industrial Rayon 1 Jun 11% v 1000 common Jan 4 3374 88 Co conv Illinois Power Co 9 9% Jan 5 Power 6% Sep 21% 14 Jan *103% 38 53% *105 94 55% 104% 39% 53% 108 138 "a 138 5'4 167k * *133 16% t 95 16% *91 57V 163/4 38 95 54% 55 104 "4 *103 % 1 55% 55 *103% 38% 53 53 *108 108 38 53 % *103 *133 104% 39 % 55 103 1674 *94 567V *103% 38% 54% *106 138 *133 5% 5% 16 7k 17 3,400 138 5% 7,600 17% 1,000 95 *94 95 50 5674 *5574 58 900 104 VV 39 % 55 108 * 103 % 38% 55 106% 104 >4 39 % 55 106 "a 28.500 1,000 10 3134 32% 327k 33 '/a 333/4 347'4 34 3 i 35 % 347/8 36 87 87 VA 8 3 Va 86 3 4 87% 87 % 88 88 88'/a 89 % 680 23% 237'4 24 24% 24 24% 247k 267i 26 VA 21 Va 9,100 11%. 1,600 60,900 K <% Jun Jan 12% Jan 102 Aug Feb 105% Nov Fei. 49'% Dec Jan 62 3/4 Dec 14% July 10% Jun 17% N07 52 17% x!3% Mar 24 133/4 May 16 Kalamazoo Kansas 94% 100% *34% 9 14% 98% Jan 95 1031/2 July 13 43 July 3 57% July 13 15% July 13 103 »/2 Apr 10 1C9 % May 18 57% Mar 25 64 Feb 19 Mar 16 6 3.80% 4% City & Jan 10% Jun 30 13% Jan 9 Dec 20 % Jan Kayser 13 24% Jun 9 Dec 16% Jan 30 Kelsey Hayes Wheel 21% Jun 19 24 100 (Julius) Class B & 11 103 11% 11% 11% 11 11% 103 102 % 1C27« 102% 102% *102 10273 103% 103 % 103% 104% *103% 1041/2 104% 104% 150 50% 52% 523/s 53% 52% 53% 8.2C0 53 58 58% 59% 59% 60 10o *102% 104 com__No par 48% 48 4 *57% 59 53 . 4% 19 =% page 10 Co__ conv 11 11 Co— non-cum preferred 100 Kansas Power & Light Co com—8.75 23% see Lt ! Southern Jun footnote*- & preferred City Jun For Furnace Power preferred cum Kansas Stove 15% 15% % 15 % ■ 50 58 • 15% 5 class 10% 11% 11 '/a 11'/a A—1 21% 21% 21% 2174 1 17 3/8 17% 17 % 18 15% 11% *22 1774 1574 11% 22i% 18% 15% 11% '22 18% 15% 113% 22 % 1874 10% -102 15 3 4 11% '22 18% 102% 310 eoo 15% 9.4C0 11% 2.300 22% 7C0 13% 1.9C0 Volume 172 Number 4927 . . The Commercial and Financial Chronicle . (299) NEW Range for Previous Range Since Jan. 1 Lowest Highest S per share J per Sper share 40 Jun 56% Jan 39 Jun 48% Nov NEW Highest share 49% Apr 45% Mar 60% July 21 Kennecott 1 58% Jun Kern Feu 16% Nov Jun 25% Dec 24 Jan 13 38 % May 20 90 Jun 107% Dec loo Jan 4 152% May 20 10 Va 27% May 24 Jun 16% Dec 13% July 20 17% Mar 31 Mar 72% Dec ' 67 % 71% Feb 255/8 Jun 31% Jan 90 Va Aug Saturday Juiy 13 24% July 12 2 98 Jan 93 % Jan Jun 26 Feb 43 Dec 37 % July 14 42% Jan 6 Kresge 48% Feb 62% Dec 50 July 12 b* Jan 5 Kress 43 Jan 60% Dec 53 July 17 65% Mar 20 100 9 4% S (S H) Kroger Co $ per share $ per „1 EXCHANGE 57% 58 59 58% 52 53% 53% 53% 21% 21 Va 21% 21% 21% 22% 31% 32% 33 34'% *123 31% 126 31 31% *127 * 129 129% 54% 3,100 23 % 24 2,100 34 34'% 7,800 32,800 133 140 140 10 13% 14 *13 14 500 68 68 68 68 50 26% 25% 26% 26% 27% 97 96'A 96 % 96% 96'A 210 3d % 38 'A 39 38 39'A 2,500 50 50% 51 51 *50 57 57% 57% 58 25 25% 25 98% 96 % 37% 38 37% 38 38 No par 50'% 50% 50% No par 53 55'A 55% *13% 68 25 % 25'/« 96% 55% 54 23% *129% 97 14 *50 54% 14 68 % & Co 60% 68 *13% *67 _10 (The) Shares 59% 133 14 63% 10 Sales for the Week $ per share 60 50% *13'A CLOSED Friday July 21 share 57 V4 *67 ; S per 51 'A 100 Co share 57% 30% STOCK No par Thursday July 20 July 19 *21 v 100 common S) PRICES Wednesday 51 No par preferred < SALE 56% No par preferred Koppers Co Inc x35% $ per share 5 Kimberly-Clarke Corp com 4% conv 2nd preferred Kinney (G Ri Co common $5 prior t per share HIGH Tuesday July IS July 17 No par Keystone Steel & Wire Co 6 31% Mar Copper County Land Co AND Monday July 15 Par 3 11 Va RECORD LOW STOCK $ per share 17 Vi 62 YORK EXCHANGE 13 STOCK STOCKS I Year 1949 Lowest YORK *96% 7,100 52 600 58 57'% 2,800 L 4% Jan 8 Oct 6 Jan 3'A Jun 17'A Jan 22% 9% Jun 11% 6 43 Jan 19% July 13 3% Jun 10'A Jun 47 Oct Jun 26% Jan 23 % Jan 45% Dec 40% Jan 22% Jan Jan 3 90% Jan 98 Jan 24 94 May 6% Jun 11% Jan 33% Jun 49% Dec 3% Jun 5% Jan 1% Jun 15 3 Jun 4% Jun 8'% Feb 20 V8 Feb 44% 8% Apr 7 6% Apr 5 12 4% Apr Jan Dec 26'A 11% Jan 10 9 72% Apr 91% 58 186 Oct Sep 19 x67 Jun 50 ' 3 Dec 5 PA July 5 Jun 33% Oct 28 % Feb 13'A Jun 17% Dec 78 Jan 73 Jan 16'/a Feb 25% Dec 23% Jan 14% Jan 18% Aug Jun 76 Dec 66% Jan 14% Juiy 12 Jun 15'A Jun 25% Jan 27% 172% Dec Jan 23% 95 Jan 34 % Jan 25% Oct 97% Feb 17 Mar 17% Jun 29 $ per share - $ per 8'/a 42 Va 42 7% 8'/a 15,300 42% 2,300 6 5% 6'A 6 6% 19,100 1% 1% 1% 1% 1% 1 % 2'/a 1% 2 14,600 *15% *4% 51 16% 9 16% ft 52 17 5 %7%. *16% 17 % 53'A 5% 5'A 5% 3,200 3,100 56% 56 Va 58% 7,600 9 9 9% 9% 19% 20 21 21% 22'/a 21 59 64 64. 67 65 7% 18% 4% 54 »A 59 7'A 18'A ft %. 544a 9 '/a 58 18% 5 54 5 51 % „ *9 Va 9% 9% 9% 900 21% 21% 21% 4,300 66% 65% 67 30,100 23 78% *178% 7% 7% 7% 7% 7% 8 15,700 34 34 33% 33% 34 34% 33% 34 % 34 34 2,500 79% 78 "2 79% 79 80% 78% 79'A 79 80 6,900 .180% 180'A 180 30% 30%' 30% 9% 8% 9% 180 *178% 178% 180 30% 7% 31 180 7% 180'A 570 61'A 60% 60% 61 62% 62 % 62% 62'A 35% 36% 35% :6% 36% 37% 37 Va 38% 38 15'A 15'A 15% 15% 15% 15% 15% 16'A 16 76 73% 73% *72 33'/a 33% 32% 33% 53,100 14% 15% 15 15'A 16,600 64'A 4,300 3% Lone Aircraft Corp 77e ■ *72 1 30% 8 74% 8 30 8% *72 8% *73 74% 31'A 62 % 56,900 1,000 38% 11,400 16 Va 6,300 76 Cement 100 Co IP) 30% 30% 30% 33 14% 14% 14% 15 14% 15 No par 63 63% 63% 64'A 63% 64% No par 21% 22 V* 21% 22 22 22'A 22'A 22'A 22 Va 24'A 2,700 10 Corp (Md) A' 30% 22'A 22 Va 22 % 22% 22'/a 22 Va 22'A 23 22% 23 6,400 common preferred 100 166 166 *164 63% 167'A *164 167% % 64% "164 167 Va 32'/8 32'A 32% 32 % 32% 32'A 22'A Louisville 38 '/a 38 39'A 39 39'A 39'A 29'A Nashville & Lowenstein (Mi & Sons Inc com__1 YORK 1,300 41% 9,500 29 29% 6,900 26% 27'A 27% 27% 27% 27% *98 »A 99 % "98'A 99 % *98'A 9,9 'A >98% 99'A *98'A 99'A 19 '/a 19 Va 19% 19% 19 % 20'A 20'/a 20% 20% 20% LOW STOCK Saturday July 15 EXCHANGE $ per share Par :• 10 33 41 *32'A 100 series A Co_ NEW' 167'A 10 preferred Steel 50 Va *164 41 28 63 32% 37'A 4'A% 1,100 9% 9 29% Louisville Gas & Elec Co (Ky) No par Lukens 31% No par Star Highest share 99 ••'98 'A 7% 41'A 61% Range Since Jan. 1 $ per share 99 7% 4) % No par 5 Lowest Highest 800 5% STOCKS Year 1949 21'A No par — Range for Previous Lowest 21 Va 1% 7 Co Co Lorillard 18 800 600 Carbonic Corp com___No par convertible preferred 100 Long Bell Lumber 20% Jan 29% 46 21'A "98'A 29% 46 5% 100 5 99'% Jan 7% 41 200 30'/a 47 21 Va 99 *98 % 7%. 40 46% 46 V2 30 "46 5% No par com 7''a 39 % "43% "43'A 900 5% 19'A l 7'/a 40 99 1,800 5'/a 5 4 23% July 21 1 7 '/a *39 5 Libby 28 22% Mar 24 Sep & 27% Jun 3 21% No par Loew's Inc 19 21% 21% *98 11'/a 7% Belt 36% May 23 41 % Apr 11 21% 99 11'/a 4% 30% 18'% Jan 7 22 46% 1,900 11 5 81 J.tjy 22 *98 100 15,400 21 11 11 4'/a 20% new—_No par Oil Mar 46 % 6% 4'/a 20% Corp Lockheed Jan 30 46 *45 Va 6% 6% *4 20% Corp 17 174 30 46 6 % 4 Va 20% Cup 33% July 20 L2 % July 18 *43% 29% Corp Tulip 81% Apr 21'% July 17 44 Va 29 45'A *4 4 Lima-Hamilton 13 >41% 21% Lily 13 164 44 Va 29'A 1 Corp__ preferred Liquid 11 100 7% Lion 30% Jan Jun preferred Liggett & Myers Tobacco 9 6 44'A 45'A Products McNeill Savers 9 Dec Jan 15 Life Jun 32 31% May 20% Jun Libby Link 16 44 Va *28% 5 I Libbey Owens Ford Glass 11 Mar 10% (The) & Fink 21% Jan Julv 12 10% 1st preferred—No par 2nd pfd No par Corp 14'% July 12 Dec Jan 42 27 10% & Sons Co common__3 non-cum 62 Oct 19% 153 July 12 9% July 21 10% 1 non-cum Lehn Mar 31 32 27 65 % x60 J 187 July 19 7% Jun 2 10 89'% Jan 29 Jan 23 8 'A Mar 37 % Apr 7o'A July 13 177 — 10'A 82% Jun July 17 7«A Jan 33'% July 18 10% No par Tire & Lerner Stores 6% 20% 50 cumulative Lehman 24 % Jan 8% Mai Jun 5Gc 12 July 13 37% July 52% 30 July 17 Dec 64 aun 6% Jan 64% Jun 19 Jun X6% 20 $3 6% 20'A & Navigation Co -10 Lehigh .Portland Cement——, 25 Lehigh Valley RR No par Lehigh Valley Coal com 1 July 17 51 Sep Jun — 10 6% 3% 20',8 Lehigh Coal 30 6 Va 3% 20 '.a Co (James) 3.857c 6% *:% 20 __No par preferred Rubber 6 75 Pesos Mex Bryant common Jan 9 6% Feb 2'A Jan 21 Dec 3 4'% 170 26 4 pfd (The) Lane-Wells Lee 9 Co 4%7o 99'% Mar 23 30 8'A 6% Lees 50% Jan 1% Jun Consolid 49% May 29 3 14% Jun Co 25% May July 13 4% Jan Jan 56% 11% Jan 23 Jun Gas Lane 25 33 % July 13 Jan 24% Jun x41% 7 22 34 25 Jun Lambert 47% Jan 19 Jan 16 % La 12 Jun 12% Jun 19 37 12 23 5 44'A Apr 3 4% Jan 28 19% July 12 Dec Laclede 7'% Jan' Monday AND I per share $ per share niGH SALE Tuesday July 17 4,100 PRICES Wednesday Thursday July IS July 19 $ per share $ per share Sales for Friday July 21 July 20 Sper share $ per the Week Shares share M 9% Jun 14 V* Oct Apr 42 Dec Jan 31% 131 139 Oct 9% Jun 27% 95% 37 Mack 33% Jan Dec 102 Jan 9 20 6% Jan 19% Jun Jan 525 Feb 7 9'A Mar 28% July 17 Dec 15 30 3 7 16 Dec 6'A Feb 10% Apr 17'A Jun 25 6% Jan 8% Dec 16'A Mar 18% Oct 24% Dec 19'% Mar Dec 18% Apr Dec 7 July 7 % Jan Aug Jun 3 July 10% Jan 510 11 15 »A Apr 17 25 ijan 3 8% July 12 18% Apr 19 23% Jan 25 95'% Jan 104 Dec 7'% Jun 12 Apr 9% Jan "10'% Feb I3ye Jan 9% July 19 39% Jun 59 11'A Jun 101% July 13 13 Dec 4) 19% Jan 48 34% July Dec 12% July 13 46% July 12 170 Feb 179 Aug 38 Jun 49 89 Jan 98% 89 Jan 98 Dec 80 Feb 88 Dec Jiin 175 July 12 Feb 7Va 29% 29 % 30% 104% *102'A 104% *102% 104% *9 'A 9% 9% 9% 9% 9% 18% July 21 Magma 24% Apr 19 Magnavox Co Jan 9 July 11 11 9% Jan 19% Feb 8% May 23 6 Copper Mahoning Coal Manati Sugar Mandel Corp 23 Marathon 12 Marine Market St 29% Jun 23 Mar 23 17% Apr 13% May 29 8 69 'A 4% 7c May 22 16% May 9 Masonite Mathieson 15 77c May 6 100 Jan 5 100 Jan 30 $3.75 cum 90 Feb 18 $3.40 17% May 11 Maytag 12 S3.75 19% Mar 25 Jan 19'% July 14 52 Mar 28 $3 30% Mar 90 36% Jan 29'% 24% Mar 17 McCall July 13 23% May 11 McCord July 44% May 11 3 Dec 31 'A July 18 Dec 100 99 July 19 37% Jun 105 9 May 3 45'A Dec 39% July 13 52% Mar 16 Apr 30 % July 17 36 Mar 1 Nov 44 58 Jan 3 Mclntyie 30!% Jan 41'A Dec 33% July 13 42% Feb 10 92'A May 102% 22 Dec 25 17% Mar Dec 99 5 91 Jan 24 6 47 Jun 9 20% Jan 27 Dec 27% Jan 9 x21% July 19 23% Jun Jun 13% Jan 10 % July 17 14% May 26 Jun 49 Jan 42 12% Jun 8% Jan 13 48% Jun 14'/a Jan 16 17 Jan 6% Jun - 27 43% Apr 90 Jan 39% Jan 16% 16% 17 29,900 10 10 10% 10 VF 9% 10'A 10'A 10% 10% 11 4,900 49 % 50'/a 50 50% 50 49'% 50'A 49'A par 103 49% 50 4,400 13'/a 12% 13 13 13% 13 % 13% 13'A 14 Va 3,900 47% 49% 48% 50 48% 49% 4 8'A 49% *180 184 46% 99 184 *180 46% *98'% *180 98'% *87'A 88'A 19% 18 *39 % 31 % *99 19% 12% *42 18% 31'A 31% 100% 40'% 40% 40 02% 100% 31% 101 40 40% 30% *30 % 31'A 45 *44'A 45'% 44'% 35 36 35 35'.;. 35% *99 100 % *99 22% 13% 13% 19% No par 100 (1st series)—50 — 101'% *21% ' 19% "99 19% 20'/8 20 Jun 7 22 Mengel 57c Co (The) Mercantile 1st Stores preferred Co Inc 10 8'< 44 22% x21% 10% 10% 10% 45 42 43 *15% 15% 15% 15 0 10'/a 3% 10% lb'% 23 7% Jan 3 Merch & Min Merck & Co Transp Co Jun 12 Jun 22 $3.50 preferred Jun 12 $4 x20% Jan 25 34% July 12 Merritt-Chapman 37'% July 17 43% Mar 17 Mesta conv Inc 2nd common No par *6% 50c 48 6% 6% 49% 48% 49'A *6'A 50 100 *97 100 *97 *141 149 149!% 150 & 31 31 31 30% 1,300 105 105% 260 108'/a 104 102% 102'% *102'A 103% 15'A 15% 15'A 104 *102'% 5 14'A 14% 10 42 'A 4 3'A Jan 13 Jan 3 48 Oct 38% Feb 23 18% Dec 10T July 13 13 July 18 16 July 21 Miami Copper 45% May 22 Mid-Continent 20% Mar Middle 47% Jun 139% Mar 7 13 7 South Midland 8% Steel Prod 14% Jan 17 Minneap & 3 11% Feb 21 Minn 42% Aur 1.3 St P fui 'ujuiotet see page & July 17 99 Jan >A 13 111 May 23 New conv 46% 20 20 9,200 47% 17,000 15% 15% 15% 15% 16 15% 16'% 15% 16'A 20,900 35 33% 35 35% 36% 35% 37% 28% 39V:; 125% 127 100 No par No par * 43 ... 125 11 % 11'A 11 "» 9 % 9'A 9% ib V 126 126 11% 9 4 % 127 46 *126'% 47 128 *126'A 128 7,700 180 11% 11'% 11% 12% 12 12% 5,100 9% 9%. 9% 10% 10% 10 Va 7,300 33'A 34% 13,200 lOu'A 100-/.: 310 Regulator— common 3.207c 4b 16 15% SS Marie Minneapolis-Honeywell 31 Nov 15 V 33% St Louis Ry & 14% 44 'A 14% 105 5 common 1st preferred 29 38% Inc—No par Petroleum Utilities 14% 190 *D7 *102% 38"'. 6,800 150 108 % 104 37% 50 100 150 108'% *102% 37% 44 *97 154 *104'A 100 pfd_100 :>()% .100 39% preferred series 5 3.907® s 108'% 3.85"% 6 Co Edison 43: *147 104'A 22 Mar 3,100 39% Jun 87 60 6%, 2,200 104 8% July 6 'A 30 102 % July Jan 6% 42%, *107 Machine Metropolitan "l 29% 108 % 106% May 15 O 41% *107 12 15% 40% *103! 4 ■H'-i Jun j,i A 30 % 103% 7'% 5,500 45 % I i 40 108 % 10'% Jun 11% " 11,900 29% 103% 125 i •': J id 10 100 22% 22 «' 2,500 3J 3U% *107 Jan XD i2 2 104'A "j 100 139% Mar ,j 7% *97 100 148 preferred series 21 51% *97 *141 4.35% •-12% 88 Va • »3 6% No par Scott—No par 12 124% July 10% Aug 11'A 43 No par preferred Apr 28% Jan 21'/a ttV 87%. 4-J' ■ 15% 700 20 20% 87 Va •%•) A ' *40% 300 15 lb ' 63 15 % 100 22 '/* *99 'A *22 14% 20% 22 *43 300 100'A 99 22% 14 % 20% *40% 110 Dec 94 100 % *86 1 common convertible 2,500 1,700 44 21% 32 3,200 87% 23'A 41'A 35'A *40 'A 22 A "30 % 32 35 *86 1 41 41 40'% 35% 87% 101% Feb 34 40 35 'A 44 107% Mar 31 Jun 1,400 2,300 1,800 47 *86 Feb Jun 33 103 33 101 % • -it *40% Dec Jun 60 "31% *101'A 31% 14 110'A 18'% ' 101% 22% 104% 14'A (9 45% 14 Oct 37% 19% 45 22% Jan 14% 20% :.9'A 29 4b U 14'% 97% Jun 20 Va j:j 39'% 35% 1 22 22 *13'% 5,200 44 Va 20% '3d 31 20 13% %2 39'% 40'% 31 44% 260 88 Va 20'A 40'% *100 50 99 98 Va 13 A 44 % 18% *39% 2,500 "87'A 13 12% 49% 9b'A 8810 *42 'A 18% 105% 8% 2 20 % 40'% Jun ' 12% 44 18% 30 'A 1 98'% 98 *39% 32 *98'/a 98 Va 18'A 101 48 Va 9 I'M 40'% 5 18 48% *87'A 7,600 184 *180 88% 99 *42 19% 184 98% 12% 12% 30% 40 47 *87'A 45 19% 47 98 98% 87 12% *160 *98 % 99 98 87 45 184 46% 4 7'A 98 12 (1st series) 110 48% *42 10 6,400 13 *98'% com 26 101 Va 47 % No par common preferred 186 Jan Dec Corp 100 .23% *100 'A 16 Va — 2nd preferred Melville Shoe Corp 13 -18 101% 16% No par 17 120 25% *100'/a 15'/a 46% Co Mar 21 Dec 25% 101 '/a 15% 3 Robbins Inc Jan 96 130% July 99 Dec Dec 105% May 25% 101 % 15 • 7% 34% ' 24% *101 % 15'/a 1 47c 25 24'/a 101% 14% No par preferred 4'% 7c 24% 24% 101% 5 Publishing Mead 3 Jan 24 28 100 Porcupine Mines 9 14% Jan 92% Jan 7'% Mar No par McQuay Norris Mfg Co 82 15'A July 1,600 8,100 50 McLellan-Stores Oct 28'A 8% No par 9 Jan 28% 18% — 9 Nov 28% 28' 28% common Jan 17'% 5,400 8% 100 16 34'A 500 7% *18% 1 26 % Jan 93% 17'A 6% 8% No par 103% Apr Jun 17% 7% 18% Corp___No par 5 12'% July 18'% 6% 8% Co July 20 70'% May *17'/a tvv *18'A No 21% July 13 $4 300 8 J/<i No par & 4,300 8% 18% Electric Co McKesson 10 9% .1 12% Apr 28% .„ McGraw 17 6% 9'A "8 8% common McGraw-Hill 60% 8 28 Va 28 McCrory Stores Corp common 1 3'%7c convertible preferred —100 34 17 17 9% 8 21,800 *18% — Feb Jun 6'% No par Corp Jun Feb 6% 9'A H 4,800 14 '/a 8'% 18% Corp Preferred Jan 19% *16% 6% 9% 18% 515 28'% common 41% xl3 16% 6% pfd 1947 series__No par pfd No par 24 July 13 16'% 515 8% preferred 18 9% .*7% CLOSED cumulative 39 9% 7% 13% 14'A 515 28'A com preferred Co 9% 7% I8V2 18% 13% *490 *18'A ! Stores 9% 8 *7% 18 : 14% 515 2,600 8% preferred Dept 13% *490 3,900 9% 18% Co Chemical 17% 17 17 13% 515 31'A 104% 9% 8'A Corp— Electric Master 13% H O CM 49,400 *18% Martin-Parry Corp 62% Jun 16 % *490 30% * 200 16% pfd—100 prior L) 13% 30 1,200 5 preferred (Glenn 9% STOCK 16% 515 29 EXCHANGE 6.25 Corp Marshall Field & Co Martin *490 1 — 6% Ry 10 3 —5 Midland 4 106 50 1 Exploration Jun 19% May Co Shirt Oil 9% Jun 33 98 13 RR Co No par Maracaibo 12'A 1 Bros Manhattan 16% 10 (The) 29 13 37% 144 15% 30% *102 % 23 11% Jan 16% 9'A Jun 42 'A Jan 15'A 37% *140 103% 51 Dec 15% 14% 12% 37 144 9% 45% July 13 Dec 14% 13 37 "140 28% Dec 45 14% 12% 36% 144 *102% Dec 12 'A 14% *35% *140 100 22 May 14'/a 13%, 13 13 36% 144 No par Square Garden " 30 5 13 *36 *140 No par Jun Jan Inc__ 12% 37 144 Macy (R H) Co Inc com 4%% preferred series A 184 87 *35% *140 Madison 3 Apr 97% July 10 100 18 11 July 13 Trucks 12% „5 common 20 4 Apr 6 % Forbes Jan 550 30 Working Co— & preferred— 14% Apr 34% May 25 105 5 % Mar Wood M & MacAndrews 16% July 21 104'A Jun M 11% Mar 31 Jan 5 May 4 41% Mar 24 67c Jun 430 17 140% May 18 Jan 13 28 July 20 3 15% 8'% July 10% Jun . 11% Feb 135% Mar pfd series A 1.50 100 31 32 32 32% 99 % 99 V* 99 99 32% 33 33 *98% 100 100 33% 100 19 20, (300) *'' The Commercial and Financial Chronicle 1. •/ YORK NEW Range for Previous K»S|« ftlaee Jaw. A 66 y4 t per share Jun 101 108 Dec t per Dec Jan 104 Lowest Highest t per share Jun 14% Jan 67 V2 Jun 80 Feb Nuv 16 22 V4 15 1 Mar 67 128% May 20 Jun 54% 7% Jun 10% 3% Jun 25% Jun 6 22% Jan 10 $1.50 5% 2nd iC Jan 30 Apr Jun 12% Dec 1 i % Jan Jan 26% 17 OT 24% Jan 21% 45% Jan 103% Jun 10 57 % 14% Dec Jun Corp Development Co Jan 13% 7% preferred tMissouri Mojud 12 29% May 23 Pac Monarch Monsanto v 70% Jun 27 121% Jun 12 10% Jun 30 ret Mohawk 12 111% Jun 3 84 Hosiery 5% Co Tool Chemical Co Montana Power Co Montgomery (The) Shares 983/4 3,400 107a 107a 11 117a 10% 11% 11 3/i 117a 5,600 by 67 67 677a 6772 677a 677a 220 100 17 74 17% 17 74 177a 177a 600 28 28 287a 28 28% 28 28% 5,700 55% 55% 56 567a 577a 58 597a 59 597a 4,300 10'/a 10% 10% 107a 107/a 11 11% 11% 11% 15,200 5% 0% 5% 5% 57a 53/4 6% 14,500 23% 247a 267. 277. 27,900 237» 7 12% *26% 56 % 24% 7% 13 13% 27 27 57% 26% 7% 87a 8y2 8 7a 9,600 30 30 30 3074 700 13% * 133/4 13 7a 137a 137a 14% 3,900 *26% 27% 27 27 277a 27 3/4 600 597a 12,000 577a 577a 56% *113 25 774 6 31 *30 13% 27% 57a 2574 7% 31 *30 113 113 17% 7% 31% *1674 106 2774 67« 59 74 120 *113 118 58% 58% 120 *114 587. *114 120 100 11 11% 11% 117a 11% 1174 11% 117a 1174 1174 2,300 19% No par Ward 6c Co 973/4 106 106 *1678 23% No par Co 5 Utilities 9874 10 J % 16% *30 8 com 106 105 '% 27% 5 No par series B_. pfd 98 1067a share 10% 100 Inc 997a 1057a Sales tar the Week S per 54'/a pfd_100 20 1.23 conv Milte Machine conv 5 series A RR Carpet Montana-Dakota 23% May 11 61% Jun 1 49% July 13 Mi 97% * Friday July 21 July 20 S per share . 167* STOCK EXCHANGE CLOSED No par com * S per share 27% 25 Light Co_No par ssisatuii Dec 59% 10% Power 6c Mo-Kan-Texas RR 13 19% July 13 47% 100 preferred conv Mission 37% May 19 lo % Jun 2 54% Jar preferred 12 Dec 113 Jan preiened Minnesota 30% Ayr 4 10% Mar 30 4 9 common 12% May 22 6% Maj 2 I 4% Fet Aug 35 Mfg Thursday July IS 99 *67 1st 65% Jun Jun 677a *>5.50 I 21 % Jar 25% Mar 33% Aug 67% 6 25 25 107a Jan Oct 4% Jai 10% 61 4u% Jail Jan No par Minneapolis-Moline Co common—1 9 34% Mar 20 Jsn 96% 99% 106% $4 PRICES Wednesday share per 99 & 15% Jan 27 S t per share share *105% Mln 5 July 19 t per No par Minn 108% Jan 27% July 13 38% Par SALE Tuesday July 18 July 17 July 15 HIGH AND LOW Monday Saturday STOCK YORK EXCHANGE t per share »% JuJv 12 Jun NEW Hlcfcost share 96% Feb 106 10 V, 167. Jun RECORD STOCKS Tear Lowest STOCK Monday, July 24, 1950 . 20 % 197a 20% 20% 207a 20 V2 21 203% 217a 8,800 50 % No par 507a 52 51 527a 5174 527a 5174 137a 51% 1374 137a 13% 133/4 13% 13% 52 3% 14,100 i 16% Jun 23 P-<Jan 12% Jun lb% 27 15 Jun ' 15% Feb Moore-McCormick 20% Jan Morrell Jun 26% Dec 23% Jan j 53% Jun Motorola Jun 27% Dec 26% Jar * 41% Jun Motor 15 »/4 Jun 23% Dec 20% July 17 25% Jun 11% Jun 17% Jan 13% Mar *97. Jun 14% Jan 12% Jar 1 9 Dec 11 Jan 9 Jun 29 38% Feb 50% Dec 44 Jun 29 108% Oct 10 112% Mar Jun 15% Mueller Mullins 108% July 12 May 24 4 52% Mar 7 Murphy Dec 15 30 '% Mar 39 Oct 36% Jan 13 41 51 Jan 43 19 Jun 17% Deo 16 July 13 22 22 Jun 32% Dec 32 JaL 44 17% Jun 24% Dec 23 Jar t*» Jan 9% Apr 67« Jun 29 July Ja_ _ Jan 20% May 17 % 177a 17% 173/a 100 34% 24 357a 3574 387a 36 3% 27% 347a 353/4 36,000 32 % 34'/2 33% 347a 337a 34 33% 347a 7,300 22 No par 8 32% Myer« 173/a 20% 20 % 20% 21 21 21% 21 213/4 21% 13% 13% 14 147a 14% 14% 15 15 147a 153/4 13% 14 137a 147a 147a 157a 143/4 15 7a 14% 15 Inc 8 9% 97a 97a 974 974 10 10 93/4 10 (G C) preferred (F *17 1 E) 108 '/a *45.% * 109'/a 457. 45% 108 % 109% *108 7a 16% 167a 60 45% 4 5'/a 45% 45 % 45% 46 167a 45% No par Bros & * 100 97a 46 *45 1 common 46 Murray Corp of America com 4% preferred 46% May 26 53% Jun 12 17% 33 1 Co 4%% 6 *17 33 Co Munsingwear Mar 17 "4,400 *17 Corp Brass Mfg 10% May 113 *17 ' 13%-- 3 Corp Motor Wheel Corp 17% Jan 137a No par Inc Products 19 131/2 5 (John) 6c Co 14 16% an Lines 10 167a 17 45 46 109'/a *108 7a 17 1774 453/4 46 487a 45% *46 *46 447a 3,800 700 453/4 *108% 10972 46 1097a 2,500 17,700 173/4 17% 1,700 1774 9,500 46 *45% 467a 600 48 7a *46 487a 200 35,700 N 10% 5 9% Jun 10% Jun 13% Dec 12 Jar 28 Jun 41 Aug 36 Feb 30 Ya Jan 40% Tec 185% Sep j 18 170% Mar 4% Jun Dec 7% Mar 30 '% Jun 36'/a NOV 5% Jun 8% Aug 5 Jun 9% Jun 9% Jan 14% July 12 31% July 12 1.5% Jun 30 5% July 13 July 13 77« July 12 67/« Jun 27 12 Jan 10% Jun 36 July 17 July 17 27 39% Dec Feb 17% Aug 17% Jun 227a Dec 20 % *11 % Jun 19% Dec 15% July 12 May 25% 95% Dec 94 Jai. Dec 35 Jar Sep 178 152 % Dec *150 7% Dei 19% !">•< 133 Jan 5% Mar 135 14 Jun x% Jun 19'% Jan 21% "Feb 15'/a Dec X80 U 28% Jun 38% National May 27 17 National Biscuit Co .i 7% Jar. 4 " Jun A'i«ii 15% Apr 71 % 29 22 27 A ir i Dec 3G% o..y 13 12% Apr 10% J -ly 13 13% Nov 7 Aviation July 13 Jan 7% 9 9% Jan Jun 14% Der Jan 104% rw 7% 29 93'% 8y4 14% Mar Feb 39V4 Nov 102% Oct Jan Jan $ per 13% Mai Jun XI1% Dec National Can National National Cash Register City Lines Inc 8% Jan 28 National Container 12% Jan 17 National Cylinder Gas 44% May 15 National 23 National Dairy Products No Department Stores 14% Jan 7 National 22% May 31 National Jun 7 4b% May 31 9 July 13 14% Jai Apr \h 27 7% 14 6% Jac 4 Jun 13 43 July 21 * 28% M«^ l2 Lead Natl National 23 National 12% Feb 28 Natl 11% Jan 3 July 11 July 18 10% Jul / 13 26 '00% J' 'y 10 12% Feb Na torn 4b rat 103 28 ApT 14% Dec 10% Jun 72% Jan 66% Mar 14 Apr 26% Mar 29 24 y4 Jun 29% July 33% Jan Jun 13% Jan 24% July 13% Jan 32 9'% 102% Dec 90 Jun 142 Dec 128 Jan "h i 111 hi % Feb 61 Dec 56 250 Mar 220 la. r P* 13 6 July 21 Nehl '% New la* 4 04 19 Feb 27 6% Jun 27 Jan 28% Jun 27 36 19 % Apr 16% Jun 27 20 7% Apr re Mar 28"% Apr 100 Feb 12% July 13 — ~67a 21 % 47% 26 — 24% Mar 2:.% Jur. 19 86 J y 21 93% Ja. 98% Jar Jun 14 Jan Jun 30 Sep 59% Mar 157a 2 Jan 8% 10 Jun 9% Ja» Dec 26 Jan « 43% Jun o 20% July 11'/a Jan J lv 17 5 Dec COVs J -ty 20 19% Dec 17 87a 84 Feb 11% Der 95% Apr Dec Sep 7 Jun 12 Oct Jun 203/a <_>cl 13% 30% 109% Mai N Y Y New 11 % Mar 14% Jan 3 Co 10 f 3 July 11 % F-'j 2 8 15 Oct 37 N Y (J 9 15 37% *28 387a 383/a St 8 Dock Harlem 5% Y Shipbldg B 18 Y -1 12% Jun 29 70 1527a 154 40 153 *152 7a 9 9'/a 9'/a 9'/a 9'/4 6,900 193/4 203/a 2074 21'% 21% 213/4 227a 3,600 % ,7o )7e '/a '% 16 '% 3,900 23 3/4 *23 7a *23 7a 23% 23'% 154 7 24 237a 38% 40 4074 4174 42 42% *26 7a 27 27 27 27 27 23'% 43 700 17,200 27'% 400 11,400 16% 16% 163/a 16% 79'% 79»/a 80 80 82 38'% 39 38 38 % 1,500 1 10% 10 74 10 72 10 7a 10% 10'% 1073 107a 103/4 10% 2,000 7% 77a 7% 77. 73/4 7% 7% 15% 157, Monday Saturday July 15 HIGH AND SALE S v"rshare 9 9 7a S per 9% 97a *14% *14% 15 14% 106'% *104'% 106 *104'% Va 73/4 77a EXCHANGE 15 7% 9% 15 103'% 99'% 50 103/4 10% 11,900 100 Va *98 7a 1001/4 *98'% 1007, 68 7, *98'% 64 65 100 Va 6 3 3/4 12 74 13'/a 12% 70% 70% *69'% 1 27 27'% '21 Ve 273/4 28% 293% 27 27'% 27'% 283/4 28'% 29'% 127a 127a 97 *29 13% 13 99 99% 130'% 134 13774 13% 14% 14 *29 ro'% 14 30'% *29 13 7a 71 133% *35 68 8 Va 36 687a 2,300 123/4 1374 5,900 693/4 693/4 80 297a 29'% 293% 297a 16,000 29'% 31 31 32 13'% 14'% 14 14'% 104 102'% 104. 2,700 139 139 139 Va 3.200 1374 2,600 14 30'% 137a *29 14 137a > 30'% 30'% 30'% 63 *62 63 *62 63 63 63 63 63 220 »*180 220 *180 220 *180 220 *180 50 220 Co_100 7 7'/a 73/4 73/4 Ve 8% 313/4 317B 32 32'% 33'% 33 34 *17% 17% 17 % 183% 18'% 18% 187a 19'/a 2° "2 23'% x22% 23 22 V8 2374 227a 23 98'% 98'% *97'% 99 *97'% 20 7a 20'% 20'% 20% 26 26 Ve 7'/a Ve 100 *30'/a 1 17'% 17'% 227a 23 *97'/4 99 Corp com_No par 19% 207a 26 267a 25 23 7a 88 88 *87 83 9 6'/a *94'% 9 5 7a No par 100 *88 —100 *94 100 99 Noma Electric Corp 31 31 83% 974 89 7a 96'/a *94'% 99 90 99 99 100 20'% 99 *97'% 99 130 11,300 4,500 5,300 15,900 50 207a 207a 25,600 26 7a 26.140 20% 26 26 88 85 86 94'% 96 94 94 500 99 99 99 99 220 26 *87 300 1 11% 12 11% 113/4 12 Va 27 27 273/4 27% 21 Ve 28 273/4 28'% 2,100 43% 437a 47 3/'a 47% 4734 47% 49% 48% 497/a 16,200 25'% 25'% *25% 253/4 25% 25'% *25'% 26'% *25'% 26 Va 300 16% 167a 16'% 17 16% 17'% 17 17'% 16% 11 Va 1 47,100 15'% 157a 15'% 157a 157a 1674 16 3% 167a 16 163% 85,600 25 Co Aviation Co Gas 11% 27'% 45% 25 com Adjustment preferred Ry 117. 26 10 Ry 11 4 Co Western 12 6,300 83 83 83 83 lo 30% 3074 30% 31'% 307a 31% ?0'/8 31'% 30'% 31 19 19'% 19 '/a 20 19% 20'% 20 7a 21 Va 203/4 217% 33,800 10 3/4 20,300 100 *81 83 *81 83 *81 83 30 8,600 Co (Minn)— Pwr Common No par $3.60 preferred 11% 50 Co Ry 10% No par • preferred No par Airlines 103,800 101 139 Gas Corp— Mhk Pwr 8,700 1*8% 63 A A 400 13'% *180 partlc stock- new 1,400 71 123% *69'% 50 preferred Chemical 7. 102 100 & 67 8 No par RR 200 99'% 123/4 95'% 1,800 10% 70% 130 83% 97. 15 106'% 997. 12'% 12'/4 8'% *143/4 *104 74 35 70% 95'% 97, 9 7a 15 106'% for Shares 10 3/4 10% 100 *9'% *1474 *104'% galea 99'% *98'% 11 1 com the Week $ per share 35 34'% 90 10 % No par Co July 20 11 36 99 11 *63»% -£r<day July 21 Thnraday S per share 99 74 *35 99% 04 share 35 36 98'% 3,900 8 *98'% 100'/4 8 Va *35 CLOSED 8 300 PRICES July 19 *104 74 par 8 Wednesday 1 STOCK 16% July 18 S per share 9 157a Tuesda j July 17 f per share 16 7a 42 7. *26'% 38 94'% 107 10% 94'% s 10 7a 94 1074 107a 95 94 * 10'% 94 10% *94 10'% . 10% 94% 94'% 943/4 1073% 108 7. 108 Va 20% 10'% 10'% 10 % 10% 10% 10% 11 107a 11 9,400 17% 177a 17V2 17% 17% 18 17'% 18 177a 177a 3,200 25'% 25'% 25 27 27'% 277a 2i'% 21 Va 273/4 273/4 880 12 2 12'% 12'% 13 12'% 13 13 13'% 133% 137a 1,600 30'% 18,100 103'% 1011'2 10 103 107 % 108 107% ' 32% Mar 28 16% Jan Norwich Pharmacal 220 *107'% 50 common 107'% 25 Inc 4.6% preferred Northwestern Telegraph 17 10,100 87a No par State Elec Northwest 60 397a 152 % 154 No par Hart Central Jan 97'% 181 79% common series Pacific 13 * 37% com Corp Natural 21% Feb 39'/a 181 180 8 7a LOW & Haven N Northern 27 97'% 97'% 393/4 22,500 79 Co Northern 76 39'% *17872 29,608 153/4. 3774 common____No par Northern Jun 977a 39% 1731% 1,800 23 79 Co RR 10 15% Jun 393/a 178 177a % 36 74 *14 $4.80 8,000 79 No par 23 15 393/4 37 15% City Omnibus Corp )9% Feb Mar 22 38'% 37 STOCK Louis 22% Apr .09 % Mar 24 39'% 72 38% *78% 10 preferred 97% June 387a 19 7a . 27 10 com Central 3.90% *114 39 74 3,900 8 74 154 27 7a 27 397/a 173 7a *176 72 27 130 & 1,300 3874 99 38 180 154 *153 100 Norfolk 10% 99 99 *98 *176% series A Nopco 103/4 98 7a preferred- 27 10% 157a preferred Feb 107a 17 No par Brake 3.60% 36% Apr 12 53% Mar 6 103/4 100 3.40% 16 *10% 22 Corp Mar 29 Jun 17,100 16 '/8 100 Class 8 874 16'% ^.10 J) preferred Niagara 7% ,no Elec Air Common 7% 22% *63'% $3.75 77a 157a 10 New 5,000 7 '/4 163/a common Mining Preferred 333/4 83/e 21% preferred & 10% 8'/a 35'% 87. 167a *98'% York 7% 77a 34'% 8% 167a pfd—100 Y 77a 6'% 34% 21% Jersey Pr & Lt Co 4% & 77a 6'/a 8 7a 157a, 100 41 103% Mai 20 13 ___ 337a , 217a 10% York 8 7a *16 7a l Chic 6 34 8% 167a preferred York 57. 337a 8 213/„ 12.50 Northern States 106'/a July 13 16,400 6 16 _No par $5 non-cum preferred N 4 12 2° % tr° Dec 78% 360 15% Inc 88% May ia 39% 182'% 157a J American Jan 181 181 20 Va No par Co (The) Pa American Jun 180 15 3% 1" North 31 130 15% Corp Corp_ Inc North 11% 17,800 21 10 ex-dist Fibre *»4 ' 34'% 15 % 100 Ref 16% July 20 Ja* 6,900 33 33 % 10% J&l Feb 13,400 33% 10 7a 193/a 28 85 . 33 57/a % 2.2% J-ly 10 12% July 12 75% July 107% 91 • 97% Jun '9 157a 34 15 Corp N 9 177a 387a 20% System 6% July 11 33% Jan 157. *36 1 5 Newport News Ship 6c Dry Dock 6 Feb 95 153/4 No par preferred 4%% N 246"% Apr 22% July J 3 16% 177. 387a 37 72 6 327a 37 100 YORK England New Jun — 36 com Co Bros Newmont 2 15% — par common Newport Industries Jun 19 .u New « 21 Nov *17974 10% 10% Corp 3%% 10 Jan 96% 180 130 7% 1 Co hewDerry New Jan 9% Jan 179 153% *36 38% No par Tea as cNesco May Apr U5 Jun 86 33% 7% Par May 31 15 i 29 28% Mar 29 Dec 74 3 , Jun i 68% May 23 14% May 15 35 5 '% 33 8 EXCHANGE 16 13% Mar 23 Apr Jun *36 38% 16 3% 16% 15% 32 8 preferred NEW 105% Feb Jun 3 16 15 32% 19% Vulcanized 13 IS 173/4 147a 157a 15 *36 87a Supply 4% % 11% Jun 34 15 15% 15 387a 57/a t per share 23% 48 14% Vie Co Prod Lt Steel 18% May 20 Per. 2 65 205 5,700 2,900 8 7a Sugar 7% July 13 6 Dec 8'/a & Steel Cast__No par National 4%% Apr 30 77a __1 Shares National Neisner 58 Jun 73/4 1 Service & Power 10 Dec 20% 77a 32% A Linen National 15 Dec 14% 7% *37 No par Co Malleable Natl Feb 67% Jun 77a 7a 7 1 preferred B National 106 Jun 102% 10 7 % 73/a 10 Distillers preferred 44% Jun 17% Jun 56 1460 277a No par $4.5o preferred 102 % Mar 10 42 117% 42% 27% *178% Corp Gypsum Co National 5 9% May 31 22% May 20 share Mar Feb 417a 27 7a 31% Co Feb Highest 94 9'/a 41'% 263/4 100 16 Lowest $ per share 12% 40 7a 263% 10 common 10 Raugr Since Jan. f Highest *101% 18% 40 26% 167a STOCKS Year 1949 t per share 1774 40 14 ''/a 8 4 preferred Range for Previous Lowest 18% 397a 25% 7 la Inc—l Corp 8% Apr 29 39% Mar 23 ,7„ July 19 17 7, 39 74 23 17 " 186 156 26 Fibres Battery Co 185% Jun If Automotive National 39% Jan 17 7a 39 26 16% 1 National Jai 22 Airlines 177a 38'/a 26 100 1 2 102 ' 35% Mar Hi Jun 9% Det 19% Maj 86 •Taa Jan 9% Deo 23 Louis St 6c Co 45% May July 13 Jan 26 Dec 21 '/a VI. 38% Apr Jan National National Acme 8 Corp "Chatt Nashville 27% May 22 9% May 5 18% Jun 31 Feb 86 '% Nasb-Kelvlnator 16% Apr 27* 24 27% 13% 169% May 20 May 3 Co 2.50 110 O 27% Jan ^33 99% Jan 110 Mav Dec 27% July 12 107 Ma . 9C'/2 July 18 23% May 17% Jan 20 91 For 33% Jan 26vaFe. 19% Dec 19% Fe Jun 31% J«n 13 Nov 99 Jan 90 footno'- (12% Mai 100 3 20 Jan 27% Jan iOO 9 Jun 22 36% Jun 14 'o js-lv 11 July 35% May 26 Feb Ohio Edison 4.40% Ohio Oklahoma Oil Oliver 4l/a% 100 preferred 9 lo 8 common preferred 3.90%> 2 21 Co 297a 297a 103 29 7% 29'% 1033,8 1083's 103% 95'% 95'% 90 96'% ?4 35 35'% 263% 19% 19'% 19'% 30 29'% 1087a 30 1037a Gas 6c Elec 4% 97% f 5'% 97 32 32% 327a 3434 19 7a 19'% *19'% 20'% 20% 20'% 21'% 20% 213% 21'% 217a 92 92 91 92 91 913/4 91% 91% pfd common convertible 97 No par Co Corp 23 100 preferred 20 1 100 1 % *19'% 30 1087a *96 357a *19 1083% 230 96 3/4 830 363% 37.100 1974 200 21 217% 8,000 92 93 410 Volume 172 Number 4927 ... The Commercial and Financial Chronicle NEW Previous tper$hare 6% Range Since Jan. 1 Lowest Highest Highest I per share -tper share Feb 10% Dec- 10% Jan 79/a July 18% Aug 96% Dee 22% Jan. 40%.Dee 95 28 Jun 105 Nor 11% Jun 108 • STOCK 3 Jan 3. 20% Jan 20 31% July 17 Dec - Jun 27. 105 16% Dee 108% Fen 14% July 10 . Jan 14 64% Dee 57y4Julyl2 le 11% Apr l 13% Jan 7% Jan 3 Outlet 73% May 19 * - & HIGH SALE PKICEK STOCK EXCHANGE CLOSED: Co Owens-Illinois Glass Co 107/a 10% 100«/2 12.50 59% $ per share 11 11% 100% 101 11 100% *23 28 11% 101 27 32% 33 *106% 107% 14% 15% *68 75 . *23 28 '-14% 31% ■ 32% *106% 107% *14% 14% 74 75 No par Friday July 21 t v>r chare (per share 100 100 *23 62.50 2.80 Mfg * lOVa Thursday July 20 t per share Wednesday July 19 Tuesday July 18 t per share -■ ,t \ NO par preferred Outboard Marine 12 82 x Elevator common 14 4 49% May 74 t per thare Omnibus Corp (The) common A 8% convertible preferred A—lOO Oppenhelm Collins: 10 Otis 4 18% Apr 79 Jan July 15 par 15 Apr 21 Iu4% dun 7 25 July 13 42% Jun 23« Monday July 17 gatarda; EXCHANGE T RECORD LOW AND NEW YORK STOCK £ t per share 64% July Jan YORK STOCKS Tear 1949 Lowest (301) *68 75 61 62 " 60% - 62% 10% 107/« *101% 102 24 24 32 Vs 33 107% 107% 14% 14% *68 75 101 *23 27 32%. 34% *106% 107% 14% 15 *68 75 327/« 107% 14% 32 *106% *10% , 62% 63% 64'% 12 . 12 65 64 Sales lot the Week Share* 1,600 120 100 12,900 30 1,000 30 5,000 P 11% Mai 7% Nov dan 10% Jan 51 Sep 71 29 Aug 40 18 Feb 21% New 30% Jan 34 Sep 50 Jun 64' Jan 27% Jun 89 Feb Jan 148 30% July 17 x48% July 18 34% July. 104% Dee. 135.. 2% Jun 29% Jun 3% Jun Dee 2% Jun Oct 8 Jan 4%-Jan 10% Apr 12 Jun » Oct 36 Dec 36% Dec 95% Jun 8% Jun 16% Jun 86 4 Jun 21 3% Jun 29 4% Jan 11 Feb 28 .21% May 31 34% Jan 11 6 1 Mar 107 9 8% May 18 Dec 20% Dec 104% Jan 17% Oct 22% Dec 17% Feb 28 21 y4 Apr 37 Aug 47% Oct 38 46% Jan 11 1% Jun 24% Jan. 23% Mar, x6 Jun- 9 Nov 5% Aug 9?% Mar 2% Feb 26% July 11 7% Jan 4 17 Dec 19% Jan Jan 37% Dec 32 42% Jan 67 Dec 7y4 Jun 53% Apr 7% Apr 23% Jun 106 Jun 16% Jun 15% Ap* 10% Feb 26% Dec 31 Mar 3 xl06% Jdn 9 22%<Dec 21% Jan 6 17% Jan 14% Jun Peoples Drug Stores Inc 27 45% Nov 41 % Feb 20 29 Jan 96% Feb X8 Nov 32 107 July 14 12 Apr 21 Mar 35 Dec. 102 Jan 108 9% Jun Dec 7% July 12 37% Feb 6 July 12 107 Jan 14% Jun 6 11% Jar Dec 51% JaL 36% Jun 53% 13 19% July 12 23% Jan Jun 110% Apr Jan 44V4 Mar 27 58 Oct 56 Nov 23% July20 5 Jan 26% Mar 17 116% Mar 23 23% July 13 117 8ep 114 Ap< 98 Jan 104% Dec 103 July 14 105 Apr 110% Sep 106% Apr 8 25 Jun 8 75% May 1 53% July 21 60 V4 Apr 10 27% May 26 25 24% 26% May 4 Mar 12 July 13 57% 20% 6 139 May 19 14% July 21 29 28 13% Nov x48% Mar 9 103 40y4 Jun _ 7 May 52 July 20 Dec 10% Jun Penlck 27% May 24 Dec Dec O 10C»%'Jun - 9 110% Feb 24 18 Year 1949 vChas < per share S per share Jun 19% Jan 11% Apr 18 Jun 40% Jan 32% Jan 3 79% Nov 88% Feb 84% Jan 4 37% Jan- -f 55% Dec 14% Feb 18 54% Apr 21 96% May 3 Julv 17 57% Mar 17 106 - Jan 12 17% Feb 6 46 93% 105 Dec 10%"FMK 14 Dec 14 Jan 95% Dec 93 May20» sl%»jun 84: Apr 11 Mar 57% Jail W 9%M^3) Jan 1 4 7% Sep Jun 26 100% Jan.- 32% Aug 105% Apr 3 31 94% Jan 69 16y4 34% 106 Jun Apr Mar Jun 108 Jun 16% MaT July 19 103 97 Feb 14 Feb 17 94 Dee 11 Jan 79 Jun 88 Deo 8tt 24%. Jun 32 Jan 24V0 July 3 14% July 17 10% Jun 100% Jun l4%Mar 16% Jan 11% July 14 93 Mar 17 4 23 24 23 9 28 3 Jun 1 29% Jan 12 17% May 20 142 Jan 155 Nov 148 Mar 1 155 Mar 21 156% Jun 170 Jan 163 Mar 22 170 July 19 28% Jun 6% Jun 7% Jun 37% Dec 8% Jan 15% Jan ___ 7 Mar30 3 12% July 20 160 Jun 8 92% July 7 72% July 7 64 July 17 27% Jan 10 145 May 16 26% Feb 21 12% Apr 10 49 May 29 10% July 17 July 17 Apr 175 May 140 64% Nov 88 Jan 71 Jan 3 65 Jan 61 Jan 4 loo ■ 40% May 18 8% May31 15% Jun 1 30% July 17 9% Jan Nov 71% 14% Jun 20% 135% Dec Xl9% Jun Feb 29 Apr 12% Nov 19 8% 36 y4 Feb 50% Apr 38% Feb 14 44% Sep 38% Jan 16 __ 62 __ 32 Mar 8% Jun 12% Apr 4% Jun 147 Dec Feb 13% Oct 15% Nov 8% Jan 13 Jun 28 loysJulyl3 11% Jun 27 13'/2 July 21 32 Feb 14% Jun 22 79% 90% Mar Dee JGly 80 117 __ 86% Jan _ Jan 25% Jun July 18 25% 29% Dec 105% 37 Dec Apr 33% Oct July 21 20 July 13 July 13 — 28% May 31 30 Apr 14 123 Apr 28 90% Jun 23 26% Feb 30y8 24% Feb Jun Jan 107 25y4 Jun 30% Dee 25% July 13 Jen 18% Jah " 4 23% May 22 109 26 104 Jdly 3 31% Jun 30 26% Feb 27 107y2 Jtin 27 30% 107% 39y4 36% 109% b Feb Mar Apr Jun Jan 14% Jan Dec - • ~ - : Sstnrday Jnlj la 2 9 10 23 10 SO , - / - A Gamble 2.7 14% - v • ^ v < -< . : .1—100 No liar Nopar 100 Nopar - ~ - • 37% 27% "11% 12% 7y« 17y2 34 -bu% 8% - 21 32 109% 23y2 16% 47% - 7y8 7 17% 32Va - bo *8% ~ <20y4 -- *30 *108 23% 16y8 *46% 32'/4 321/4 110 110% *liy4 13y« 8% 8% 29 29% *102*% 104% 13%- 13% " 20y2 21 58y2 60% 51% 57 _ 52% 57 23% 24y» • J 24% 24%» 114% 114% *103 103% _ « *108 S per share 12% 12% 34% 35% 87 87 « 46% 47% *101% 104 fe " - % per share 12% 35% *86 - - . 28% 14% 12% 36% 87% 47% 48% ♦101%->104 *147 *168 .... 30% . 1« 28% 15 -148 169 28%, 15% 148% 148% 169 170 ~ ' 32% - 7 7% 11 % 11% 11 11 *140 180 85% 86 68 68% *62 65 . 20% 20% *136 144%* 21% 22% 10% 10% 42% 28% 14% - 43% 31%' 32% 7% - 7% 11% 12% *11% 12% *145 180 .-. < 86 L 87% 68 68"% *63 65 ^ 21*136 22% 10% 43 V» r* - " -- - . - « 9% *49% *27 16% 31 21V* 144% 22% 10% 45a/4 40% 40% 41 43 f; *42 44 11% 12% . 11% 11% 12 -'12% 13% 14y8 * • 14 14y« 13% 14 8 8 Vp. 8Va 8 '/4 -- - - -- 8% 9 *27 29 V2 *27% 29 • 28% 29 ' 59% 59% 59% 60 60% 62y4 , 16% 17 .-16% 17% 16% 17yas *83 83% 83 83% - *83%";84%e 24% 24% , 24% 2.5 24% 25 24% , 25'/4 *24% 25% * 25 25% *117% 118% % 117 117 '118% 118V* *88% 89 *88% 89 *88% 89% 21'/2 21% 21% 22M* 21% 22 26 26% 26 26'/4 26y8 26% 104% 104V2 104% 104'/2 104ya 104% 34y8 34% 34% 35 35 36 32 33% 33% 34l/0 34Va 35%» 108V4 108'/4 109 109 *108% 110 25% 27%t 25% 26% 27 27% 9% 52 29 16% 31% 49% 49% 35% 35% 102 102'% 144 144 3% 3% 41 42>/2 3% 3%, 9 9»/8 21 21 36% 37% *105 106 6% 7y8 14 2% 37»/4 27% 7% 12% . 12 12 9% 11 51 51 23% 30 *16% 17% 31% 31% 49 49% 35%- 36% 101% 102 142% 143»/a 3% 3% 41% 42% 3% 4 9 9% *20 21 36% 37 *105 106 7 7% 14 14 98Va 14>/4 *99 100 18% 19 33 38 99 19% 39% 19 *38 2>/4 2% 37% 37% 28 28 2% 37% 28 7% 13% 7% 18 18'/4 32 32-/4 55% 56 8% 9% 21 21% *30' 32 *108 109% 23% 23»/a 16% 17% 46% 47% 7% 13 7% 18y8 32% 55% 53% 9% 9l/4 20% 21% *30 32 *108 109»/2 23% 23% 17% 18 46 46% 32 32 110% 111 13% 13% 8 8% *29 29% *102% 104y2 13Va 14 20% 21'/4 *31 32 110 110% 14 14% 8l/8 8y4 *29 29% 7 57% 52% 57 23% *103 • 7% 12% TVs" 18 32% *102% 104% 13% 14 20% 21'/4 59 58 53 52% 58 24% 57% 24% 24% 24'A 114% 115 / *108 *1HW 1" 93% *91 93% . 65% 65% 67% *. 10% 12 *11 12% *30% 31 30% 31 *104 105 —*104 104% *106 111*108 111 12% 12% 12% 12% »897/s 90 -*89% 90 *15 *91 64 - 28%14% 149 169 / 36% 27% 7y8 _ 1 - 1% 2 36% 27% 7y8 12 6% 17%34. - •> - . 4.08% preferred Pullman Inc Pure Oil fThe) common 5% conv preferred Purity Bakeries Corp :. *147 ' -.«.*168 - • 30% 104 - 39 LOW AND HIGH 8ALI PRICES Tuesday Wednesday July 18 July 19 30% 32% 7-7% 11% 11% - 10% 10% * * • "' 140 140 85% 86% 66% 67% " • - 64 64-. 20% 20Va *136 144% 20% 21% *10% 10% 42 y2 43 - —Nopal Publlcker Industries Ine com5 44 76 cum preferred— :No par Public Serv Co of Colo (new)„L_10 Public Serv Co of Indiana—No par 4.64% preferred —100 3%% preferred 100 Pub oorv Ei A Gas com Nopar 41.40 dlv preference com—No par *38 *107% 109 *106 111 11% 12% - 89% 89% ... - 1 :5 __5 —1 Nopar Potomac Electric Power Co——10; Pressed Steel Car Co Inc com 1 4%* conv preferred series AL-50 30% 104 14% 8% 20' 37% *105 *99 100 18% 18% 18% 39 ~ *32 110 S per share "* convertible preferred—-No par Plttston Co (The). Plough Inc Plymouth Oil Co - '*11 — 8% *28% Monday July 17 % per share Plttaeurgh & Aem tuglm* _ioO Pittsburgh Young A Ash pldJ—100 13% 3Va -•* . Pillsbury Mllls Ine eommon -25 84 preferred^ Nopar Pitt*. C C- A Bt Louis RR—100 Pitta Coke A Cbem Co com—NC par 80 6% 49% 35% 102 »/4 144 3y4 413% 3% 9% 20 38 10J 7 101% 144 3% 40% 7Vb ll'/a 6% « 16% 34 55% 56% 8% 8Va 19% 20V4 *30 32 *108 109% 22% 23'/a 15% 16% 46% 46% "" " ^-•107% 109-^- PlttS CottSOlldatlOn Coal Co —I Pittsburgh Forglngs Co— 1 Pitts Ft Wayne A Chic Ry com—100 1% ftd preferred —100 Pittsburgh Plate Glass Co 10 Pittsburgh Screw A Bolt Nopar Pittsburgh S***7 —Nopar Comftion "when issued" " 7a prexerro*. O——_Mwi.uO 5% preferred class A -100 1st iter nrior nfd—100 5•■%•% 1st secies prior pfd Wi.^*_ 31% 9y4 49 35 34 110 13% ■ 8% 29% *102% 104% 13 13y4 19%--20%> - -20 20% 59 60y4 58% 60 ,49% 50% 50% 51% 56% 57V4 57 57 . 23%24 M 23% 24y8 *23% 24 — 23% 24 - * 114% 114% 114% 114% 103 103 *103 105 1 Par Proctor 12 80% Xl03V4 NOV 5 5 Pond Creek Pocahontas Poor A Co class 19y8July21 85% Feb 17 -- 4 30 24% July 12 _ 20% Jan ' 21% Jun _ 3 " 31% 98'% . - *32 34% *108% 110 *10% 13y8 8 8% ' *28% 29»/4 *102% 104% 13 -13 - -■■■ 100 52 29 16% 14% - PhUa A Reading Coal A Iron 1 12 12% Phllco Corp common 3 33% 34% 3%* preferred series A 100 - *86 87% • Philip Mowis A- Co Ltd common a STOCK 46 46%« 4* preferred —«—-*—108 EXCHANGE''1 102 % 102% Phlllipe- Jones Cobp» com. .Nopar CLOSED *"'*15%. 15% •> 8* preferred-.—— MlOO^ . *92% 93%* PhUllpa Pitroleuski. Nopar63% 637/a Phoenix Hosiery. 5 " *10 10% 67% Apr Mar 22 13% Jun 27 6 100 —100 33%C Nopar inc Mar 15 14% Feb 9 16% Mar 8 lOV4May22 33 May 20 48 . 7 V8 Mar 23 27 56 Mar 21 Oct July 20 19% Jun 30 135% Jah Co - STOCKS NEW YORK STOCK EXCHANGE 102 % July 17 I i o* (per share t per share 11% • - - Nopar Corp 25 Philadelphia Co 6* preferred—:i50 PtaOa Electric Co common. Nopar 91 oonv preference com Nopar-' 4.4% preferred 100 3.8% preferre4 100 4.3* preferred 100 Highest 22% 5 25 Phelps-Dodge Range Since Jan. 1 Lowest Highest A Ford Peoples Oas Light A Coke Peoria A Eastern Ry Co Pepsi-Cola Co : Pet Milk Co common 4%% preferred Petroleum Corp of America Pfelffer Brewing Co Range fer Previous Lowest -- Penney (J C) Co Nopar Penn Coal A Coke Corp lo Penn-Dlxle Cement Co -.7 Penn Glass Sand Corp com—No paT 5% preferred 100 Penn Power A Light Co Nopar Peruavlvanis FP 50 Pennsylvania Salt Mfg Co 10 109 Jun 13" 2 36% 27% 27% 7% 7Ve 7 ' 12 -12% 6% 6% 16% 16% *33% 34% 55 - 56% \ • *8 -19% 19y2 ■ "T *30 33 **'"' *108 109% 22%< 22% —15%" 15% 46% 47 - No par 16% 98% 18Ve *38 — 1% 35 27% 36 2.50 Psabody Coal Co common I* conv prior preferred— 34% Jan Dec Mar 2 A Nopar 36% Feb July 13 35 37% Mme* Parker Rust Proof Co Parmelee Transportation Patino Mines St Enterprises 39 18y4 Mar 6 Jun 23 29 19 111 137 Ulfeh Cui»4/iuiekfcu Parke Davis A Co ' 99 *38 61 Feb 24 9% Feb 6 28 Feb 10 9 25 13% Nov 7y4 May * Para 15 I2y2 9% *49% *27 16 31% 14% -> 218y8*18% 7% May 25 18% May 31 38% Mar 17 July20 32 - 9 22 9% Jan 20 14% July 11 July 12 7 9y4Jan 5% Apr Jan - 99 14 1 Park St Tilford Distillers Corp *12 9% 51 28 x48% 49 33% -33% 35y« 100 100y4 101% 144 -«*■145 145 3% 3% 3% 40'% *39 41 3% 3% 3% 8% 8% 9 19—, *18 19% 37 36% 37% 106% 106 106 6% 6% 6% 1 30% Feb 16 " 12% -49%-' -13% lod convertible preferred ** ' No par 46Va Jun 34% Jan Dec 27% 17% Peb 2% May 1% Max 21 Dec 29 8 6 Feb 25 104 6 38% 14% Jan Jan 21 July 20 15 ■! Paraffine Cos Ine common 8 101 i 13% July 17 * Pan Amer World Airways Inc 1 Pan-American Petrol & Transp 5 Panhandle East Pipe L com—No par «• preferred 100 Panhandle Prod A Refining 1 49% Mar 20 13 Jan 5% Feb 104 Apr - 3% May 11 48% Jun 12 29 28 49% 33% * 100 --144 3Vs *39 3%' 8% *18 36 *"-■•106 6% *12 9%-'*-"*9 51 *48 28 28 17 16% 31% 31 *9 *48 - 28 *16 30% Pacific Mills No par pacific Telep A Teleg com 100 6% preferred -J. 100 Pacific Tin Consolidated Corp 1 Pacific Western Oil.Corp —10 Packard Motor Car No par 111% May 23 149 8 Jun 27 18% Apr 17 104%*Dec 9% Jan 12 12% *12 10 preferred non-com No par 2nd preferred non-cum No par Pacific Finance Corp of Calif10 Pacific Gas A Electric— 25 Fscifle Lighting Corp. No par 36Vs July 21 142% July 21 r ■ Inc common 1st 35% Jun 13 ab% Mar io 28*. Api «• 98% July 13 4%,Jan 44%. 34% Jan 23* Feb Fisheries Amer Pacific Coast Co May 26 67% Jan 17 49 July 12 27% July 11 16 July 14 Apr Jan Pactflo 3 10.1% 109 Thursday July 20 s w>r share 12% 13% 36% 87% 48% 48% *101% 104 *15% 15% *91 93% 66% 67% *11 12% 35 *86 *24l/4 25 *114'/a 115 *103 103% 108% 109 Friday July 21 $ per share 13% 35% *86 48% *101% *15'/a *91 67% *11 31 31% 104 *108 111 J.3% 14 *89% 90 103% *108 14 *89% 31 104 28% 15% *147 *169 31% 7% 127/8 12 *145 87 69% 62 22 *136 29% 10 149 171% 323/8 7% 13% 45 46 12% 180 89 71% 63 22% 144% 22% 23% *10y4 10V2 *42 29y2 44 12% 13% 9% 29'% 61 62 12% 13% 9y8 17% -lsyi 84y2 85 24% 25% 25 Va 25 y4 117% 117% *88% 28% 28% 420 10 60 1.200 22,600 3,600 7,500 1,940 240 21,000 4.200 6l,oOO 42,100 200 10,300' 130 12,800 4,5G0 40 8,000 100 7,100 Ifc.iwJ 1 100 1,200 15,200 5,700 2,900 MOO 9,800 1,800 E.ldJ 16,403 96,700 1,100 200 3,000 l,30o 32,200 200 5,200 6,300 5,100 26,600 520 17,300 400 ,150 100 70 Sales for the Week Shares 13% 35% 87% 17,300 18,LOO 20 49% 11,900 100 104 15% 93% 68% 12% 32 103% 111 14% 90 29% Mo 17,100 303 800 120 4,600 10 12,800 3,100 16% *147 17 149 *169 171 Va 20 32 8% 13% 12% 180 89% 71% 11,200 31% 7% 12% 12 *145 88 % 70% 62% 23 *136 23 62% 24 144% 23 *10% 45 V2 10%• 46% *42 12% 13% 9'A 31J/4 61 % 18 85 44 13% 13% 10'/« 32% 62 19% 85 25 25% 25 25>/4 1171/4117% 88% 88% 21% 22% 26Ve 26V2 104V2 104V2 36% 37 35% 36 *108% 110 10 10,200 11,100 4,100 40 1,560 1,400 500 2,900 4,300 200 9,900 1,000 2,600 19,90Q 31,100 900 7/^0 36,600 140 27,630 28% 23% 28% 7,100 100 10 21,200 8,700 210 14,000 32,200 300 3,500 ;'21% 21% 21% 1,300 89% 21% 22'/4 26y4 26% *103% 104'/2 36 1 36'/2 35y8 36 109 60"/2 53% 58 24% 600 109 Q For footnotes see page 34. Quaker'State Oil Refining CorpMlO " 20% 20% 20% 20% 21 ^'21% 21 22 NEW Year11)49 t per Range Since Jan. I Highest $ per YORK STOCK EXCHANGE $ per share share Jun 30% Feb x24% Jan 25 35% Jun Jun 34% Feb vg Jan 13 34 % Jun Jun 23% Jan 2074 Jun 29 Nov 43 Jan 35 Jun 19 jyy* 28 V* Jun 36 Jan 30 July 10% Jan 13% Apr 11% July 12 15 y4 Nov 23% Jan 15 July 17 11% Jan 16% Oct 12% Mar 30 3 Feu Jan 3 Jan 4y4 8'/a Jun Jan 6% Jun 50 60 Aug 7 22 Jan 8 Nov 9% Jan Dec 27 58 Jan 6 Feb 9 July 3 5 7 Jan 9% Jan 23% Jun 32 32% 52% 32's 33% 32'/a 32% 32% *32 32% 31% 32 50 21% 21 % 21 % 21% 21% 21 V3 22 22% 22% 25% *35% 36'% 33 36 *35% 36% 36 % 36 % *36 37 *30 32 32 32 *31 33 100 *11% 12% 12 12 *12 12% 200 15 15 15% 15 % 14% 15% 15 15 11 preicrred iu<. j.cicired Hosiery Mills com Roller Bit Co— div $1.25 prior Reliance Mfg preference—__10 Conv pfd 3 74% Remington-Rand Jan 20 92 12% Jan lO'/eJan 13 16% July 20 Reo 8% Jan 5% Jan 25 JulvJ3 13% July 21 Republic Aviation Republic Dec 3 5% Jun 30 10 Dec 8% Jun 30 11% Feb 1 Jun 27% Jan 23 '/a Jan 13 38% Jun 23 111% Jun 28 24% Jun 6 4% 110 Jun 10% Aug 100 6% 4% Aug 4% Jun *56 % 13 y4 Jun 13 3 Jan 26 13 74 Jun -H July 18 39% Jan 43 July 14 5 94% Jan Sep Aug 19 Richfield Ritter Dec 19 74 Mar 24 Jun 12% Dec 12 Jan 28 July 13 jb Jun 68% Dec 60% Jan 96% Apr 10 y4 Jun Dec 19% 102 Nov 105 15 13 23% Jun 88 Mar 17 107 Jun 6 1974 Feb 28 16 Jun 21% Dec July 13 23 Feb 39% Apr 61% Nov 47 July 12 61 July 13 12% Apr 1 37 Mar 4 114 Mar Ronson May 11 8 7s 8% Sep 12% Mar 16% Jan 33% Dec 113% Feb preferred Ruberoid Co Ruppert iUJ 16% 15,000 12% 12% 12% 13 % 167,700 4,100 3% 3% 3 % 3% 9% 9% 9% 9% 1,000 33% 34 % 34 33% 36% 37% 37'% 28% 107,700 112 *110 100 20 % 5% 0 22% 105% 105% 10% 10% 10 34% 45 66 22% 5% 20 22% 20 25 25% 26% 105 105% 105% 2 s. '/a 26% 18,000 27-4 19,o00 109 109 360 lu% 11 11 10% 11% 10% 10% 24 34% 34% 54 34 3; *42 *42 46 ♦.-6 45 24% 24% 24 42% 43% 4.3% 44% 16 16% 16% 16% 5% 5% 6% 24% 24% 24% 41% 43% 15 % 16 23 % 23 23% 5% 24 107 1,200 %,1JO a 45 24% 23% . /a *42 96% 106'% 24 5% 45 96% 22% 5 % ,« 106% 106% 5% *42 96% *96 S6% 107 107 * 10,000 5% 34 % % 9 *106% S 7 < 107% ) 230 /8 3,o j'J 44 44% 21,200 17 17 at 25 400 6 Va 5,900 25 % 5% 3,800 17% 17% 17% 18,400 23% 28% 29 '/a 28% 29% 29% 29% 29% 29% 6 200 66 67% 68% 69 69 68% 71 71 % 71% l.bOO 106 *104% 106 *104% 17% 16% 106 *104% 15% 16 106 15 74 18% 5 48 *8% 19 16% 49% *8% 8% 17% 19 49 50 8% 18% 16 % 16 18% 43 % 8% *104% 16 % 18% 18% 48 No par (Jacob) 27% 111 1.03 % 5% 5% 108 '/8 lo % *104% l : 5% 21 *108 24 1 (The) 5 % 5% *110% % 24% 100 Works Inc 111 109% *108 28% 16% No par A *110% 21% 66 1 Corp 16 lil 103% 105% 23 41% *15% Mines 21% *103 105 % * 22% 41 1 *110% • 21 % 109% 5% 34% 107% 35% % 23 % 100 Co 111 20% *103 5% *42 35 % *110 20% 109% *108 No par Royal Typewriter 1 11 3% common Art Metal . i»% 9% 1 series 20.000 11% 92 15% *. 2 3 '/8 class B El LJ 11% *90 9 No par & 11% 92 3'/a Co Haas Co *od 58 11% *90 800 1,700 10 9 No par com Corp Gas 11-8 92 500 8% 23% 10 3 2.50 Tob 8% 23 % 9% *56 5.-/8 11 *90 8% 23 % 9 100 Manufacturing & 4% 1 18 2,500 3 % No par Company Rohm May 12 1,000 . 15% 9% 12 10 Rochester 22 15% 8% Robertshaw-Fulton Controls 6 Jun 16% *16 3 A com Antelope Copper Robbins Mills Inc 22 30% July 13 series Roan 25V4July21 . No par com pfd J) Oil 11 91 % 10% 96 8 *56 10% SI % 10-/4 107 27 3 53 *56 10% 8 9% lu74 100 6% Jun 4% Jan 8 300 23% 23 10-8 100 19 74 Feb 15% July 13 8 8 9 10 series Rheem 58 *7% 23 9 9 1 series 48% May 24 37'/a Feb Jan 21 <R 8 23 22% 15'/8 4.50% 14 Dec 21 Jun iU 15"8 3.60% 15 *3% 16% 15 15 Preferred 25% Jun 42 % 16 15 15 % Preferred 13 Jan 15% 600 8% Common Jan Jun Mar Reynolds 2 15 y4 prior Reynolds Spring 10 Jan 15% 12% 7,400 5,900 10 convertible preferred 108% Jun 24% Jan 50 5%% 99% Mar 31 12% 14% 50c preferred Drug Inc 8 Xl05% Mar 108% Nov 21 y4 Dec Corp Reynolds Metals Co July 21 53 *12 1 Copper & Brass Rexall 7 109 Pictures conv 514% 23 Oct 5% 6% Revere 27% July 21 Jan 9 40 Jan Jan 20% J<>n *31 12 % 1 Inc Steel *90 25c convertible preferred Republic 7'/2 May 16 32 15 92 10 5,8 50c common preferred Motors $1 6 100 98 42'/2 Mar 85 y4 July 13 Jun Feb 39% 102% 5 108 Dec 10 Jan 3 18 Jan 103% 34% 13 Jan 14% Jan 99% Jan Dec 23 Jun Sep 103 Jan Jan Dec 16% Jun 91 7% 100 common Jan Jan 15 8% Corp $4.50 *7 23% 8% 1 10% July 17 85 2y4 18% 23% -5 series Dec Nov 5% *30% 8 *7% . No par Co common 1274 14 CLOSED No par 50c Reliable Stores Corp 90 6% May 4% Jun 91% EXCHANGE __5 Inc Bros STOCK 32% (Robt) &c Co— Apr 17 &U on 1st ioa-cum Reed 22 u>mxauo Silk Reeves 11 Feb 7 6274 May 15 14% Feb 20 Feb Shares share 21% common Jun 8% 73 $ per share 31 *32 Inc non-cum Real Reis 18% S per 31% 32% t* 2 18 ( per share 30% *31% 4* 34% Mar 22 16 Sales foi the Week x Rayonler a 14% Jun July 20 25 23V4juiy21 34% per share t S per share share Fridav July 21 Thursday ou 12 17% I per Monday, July 24, 1950 . PRICES Wednesuay July IS ue.sday July 18 July 17 July 15 Par . ^lOierrcu 22 iSbV« 1 Monday Saturday $ per share 21% . RECORD STOCK SALE NEW Lowest Highest share YORK STOCKS Range for Previous Lowest 98 Commercial and Financial Chronicle Th( (302) 19% 49 9 % 13 16% 19% 49 9% 974 16% 16% 19 % 106 16% 3,600 19% 1,200 49 48 *9 2,000 200 9% S 109% Apr xllov4Jun 48y2 Jan 1274 Jan 35ya May 7% 26% July 12 Jun ly Mar 24 9% Jun 42 % Jun 27 30 14% May '2 51% July 21 St Jun Jun 131 Va Dec 128 Jan 26 165% Feo 21 78 Jun I (JO 74 Nov 98 Jan 24 110% Jun 22 Jun 9l/4 Jan 77 July 9% 87 May 13% Dec 31% Dec Jun 22% Dec Jun <6% Jan 70 Dec 90 Jun 98 Nov 1103V2 July 108 Oct 7% July 13 85 Apr 12% Jan 66 Feb 94 Feb 6 105% Feb 20 28 73 Jun 12% Jan C3 91% Mar Jun 84% 104% Oct 14 Jan b 13 29% Mar 10 Jun 7 30 84% Jan,, 9 104 7* Jan 12% July 12 9% May 19 93 May 1 1 21 July 12 31% Jun 94 8 Apr 16 Mar 27 92 Mar Sep 86% Jan 5 Dec 20 Jan 3 31% July 20 Dec 60 Jan 3 70 16% Jan 19% Sep 36% Feb 56 Dec 11% Jun 44% Dec 40 16% Dec 14% July 13 4% Jun 6% Jan Dec 10% Jan 31 July 17 5% Jan 3 2 May 17 21% Feb 82 2 May 11 $3.40 Scovilie Mfg 3.35% Elec 5% 7"% May 27 11% Dec 8% July 13 14% May 31 101% Feb 90% Mar 13 98% May 17 Range Since Jan. 1 Highest S per share $ per share 24% Jun 31% May 24% Jun 27 21% Aug 37% 25% Feb 16 22% Jan 38% Dec 34% July 12 105% Feb ~8% 10% Jun Oct 14 8% July 12 45% May Apr 15% Dec 40% Dec 34% Jan 25 5 Jan 7 Oct 6% Jan 13 2% Jun 4% Jan 2% Mar 31 4 22 May Oct 27% 36% Nov 28 24% July 12 29% Mar 21 4 36 24% Sep 15% Jan 21% Feb 7 15 52% July 13 YORK *85 % 16% 1 80 21"% Feb x44% Jun 8 12 8% May 13 May 9 & Sharon *89% 90% 107 13 •84 63 Sharp & Dohme $4.25 Shattuck Sheaffer A) Silver King 28% May 20 88% Feb 77 July 19 88 100% Mai 89 July 14 102 17% 17% Jan Oct IS Feb 14 97% July 3% Jan 107% Dec 106 Jan 20 47/s Oct 3% Jun 29 Jan 10% Dec 7% July 17 Jun 14% 7% 14% Jan 4 40 Mar 52% Oct 51% Jan 11 11 Oct 14 % Aor 11% Jun 9 26% 36% Feb 40 Nov Mar Feb 12 8 23 22% May 26 21% Jun 23 118% May 24 4% Jan 12 11 Jan 53% Apr 14 Jan 28 14 12 36 % Jan 3 45% July 31 4 45 12% 1,100 4 > 41% 42 % 40,000 16% 16 % 16% 16% 6% 9% *93% Saturday t per Monday July 17 share t per share July 21 Feb 58% Jun 28 65 Feb 9 10% July 12 13% Feb 14 4% Jan 3 Oct 5 Apr 5 7 Feb 18 May 60 Jan 3 71 Apr 29 21 Feb 26 Oct 20% Jun 26 22% Jun 29 % Mar 25% Jan 3 6% Jun 10% Mar 13% 23% 100 Jan Jun Feb Apr 71% Apr 18% Dec 3774 Dec 107 Dec 8% Mar 30 68 Jan 15% July 30 23 5 July 17 106% Jan 17% Apr 22% Nov 20 82 Jun 92 Dec 89% Jan 25 July 13 31 4% July 13 18% Jan 98% Jan 109 Por Jan 527/8 143 159% footnotes Dec Dec see Dec page 47% Jan 121 136 24. 3 July 13 July 13 10% Feb 25 Feb 15 24 9% HIGH Tuesday SALE per i 7 7% 10 9% 95 *93% 2,300 9% 13,500 95 PRICES July 1!) share b'/2 974 *93% Wednesday July 18 t 6-/2 10 % 95 J per share Fndav S per share Sales for July 21 Thursday July >0 the Week J per snare Shares 25% EXCHANGE CLOSED 25% 25% 25% 26% 26 26% 27 277'a 5,000 30% 31 31% 3174 32% 32% 33% 33 3474 14.500 35% STOCK 25% 30 35% 36 36% 36% 37 36 74 37 36 '/a 33% 4.500 *104% 8% *17 108 8% 19 41 '/a 4274 l 674 7% 5 *105 106 8% *17% 41% 7 *105 8% 106 874 *105 8% 9 106 9 106 *105 9 9 1,500 19 17% 18 17% 17 % 18 13 43 % 43 43% 43% 44% 44 4 474 14,900 7% 7% 7% 8% 5,300 7 7% 7% 700 274 2% 2% 2% 27a 3 3% 3% 3 Va 3,500 25 % 25% 2 6'A 26% 26% 27 26% 27% 2674 23 74 5,200 32 32 31% 31% 31% 32 *ol% 3-i-4 32% 32:4 600 25% 25% 257a 26 % 26 27% 27 Va 27% 27% 27 74 69,000 10,900 3 ' 54 % 61 31 4,000 18% 18% 18% 187a Id 187a 18% *18% 19% 8,400 *78 79 *78 79 77 76 *77 78 *77 78 4.20% •86 90% *R5 90% *86 90% *86 90 74 1674 17 Iron preferred 100 Smith & Corona Typewriters.No par Socony Vacuum Oil Co Inc 15 Solvay Amer South Carolina 5% 8% 1,000 19% 20 % 103'/a 3% 3% 3% 3% 3% 3 % 2,Uud 774 8 77a 8% 8 8% 8 8 % 8 8% 18,900 *52 % 53 *52% 5 11% 11% 42 4474 25 *42 4274 Lines Railway Co 109 107% 1174 4374 108 20% 109 21 109 % 2074 53 52% 52% *52% 11% 1174 1174 1VA 1174 117a 4474 45 4j% 42 74 ♦42 447a 4474 53 2174 110 110 *5274 53 100 1174 4474 45% 4274 4274 42 '4 3274 3174 32'4 32 74 32% 3274 33 327 33 10% 10% 10 74 10% 1074 1074 1074 10% 10% 1974 19 % *42 19% 43 *42 19% 1974 20 74 a 119,400 600 31% com_No par 3,200 5,100 100 8,600 10% 89,200 2074 20% 7.50 32% 3274 33 3374 3374 33% 34 34% 34 7 No par 55% 5574 5674 5874 57% 5374 5874 59% 59 59% No par 36% 3774 37% 75,00,p 38% 3774 3874 3874 39% 33 J 4 407'a 45,100 56% 5674 58 74 5874 6l 58 53 % 5774 53 74 62 62 62 11 11% 11% 11% 1174 574 5% 5% 5 % Co common preferred stock & *107 5 Co Ohio 100 2jj Edison Gas Southern tr Bros 100 ctfs 100 Inc *59 61 *60 * & *60 10% 1074 10 % 10% 1074 5 J/4 5'4 5% 5% 5'/a *5 No par preferred 1 No par 1 Sparks-Withingiun Co Spear & Co common $5.50 100 17 Sugar com_No par Pacific (AG> 16% 108% (The) non-cum 167a 3% Ind Gas & El Mobile & 1674 Co com__4.50 G Greyhound Southern 5% 19% 16% 3% preferred Spalding 19% 16% 3% pfd Platinum E & Rico Porto 19% *86 17 3% & preferred South 18% 90 % 5,600 ,1 Corp 4% Gold Southeastern 16% .•> '/8 50 American South South Jan AND 6 V2 *93% 25 % Southern Natural 13% ■ 978 95 59% 23% May 25 66% 6% 9% 30% 40 Jun *6% *93% 24% 30% July 12 64 6% 9% 95 6,400 60 % 49 73 12% 40-/8 16% 30% Dec Dec 12 4178 24 Nov 53% 11% 117b 57% 51 574 6,000 5,300 30% 36% 3% July 1674 77 22% Jun Jan 16% 76 % ♦18 Jan 6% 16% 76 (A) & Sons Carpet Co com__2o 3%% preferred 100 32% 3% May 16% 75% 57 % £i% Nov 2,100 16% 75% 30% California 10% 69 7 s 16% 72 22 % Co 56 63 % 16% 71 55 Southern 60 67% 16% 70% 29% Southern 29 4,000 20,100 22 1 53% Jun 31% 55 3 a 12 Jan 13% 86 x30 % 29% Feb 61 67 12% *84 31% 21% 13% Mar 16 Jun 65 % 13% 85 29% 36% Jun 45% 30% 54 10 % July 12 11 65 13 *84 30% 60 21 40 32% Feb 65 64 13% 86 29% 80 103 V2 *107 10 5474 31% July 17 Jan *84 30% 105 90% 29% Nov 41 13% 86 29 % 106 90% 21 Aug Jun 13% 13% *£4 108% 92 2,300 *29 Nov 25% *106 *90 28% •20% 45 11 31 70 1 23 11% 25 12 Apr 91 28 16% Corp 35% 53% July 21 40% July 21 91 27% 1C8 % 41 new O) Jan 27 23 *107 lo (A Jan July 12 27% 108% 2Q Smith Sep Jun 27 % 83% 100% No par 10 % 19 81% 99% *107 16 No par 29% Jan 4,400 83 99% lUu'/2 11% Smith Jan 33% 100 % *98% *107 No par 25 17% July 13 81% 100 % 82 % 82 110 40% Mines Sloss-Sheffield Steel & Jan 52.600 £6 16 _i & Steel 65% May 22 25% July 21 36% May 29 31% 6,500 37% 11 1 Co Skelly Oil Co 18% 26 40% America 28% July 13 3 13% 36 10% No par Sinclair Oil Corp Simmons 18% « 16% Co Coalition Simonds Saw 86 18% 34 7 16% 15 33% May 26 May 3 86 Ira 70% *10% No par G) Pen Corp of 40,200 40% Shell Oil Corp Sheraton ibd 9 16% 1 common (Frank (W 8% 14,900 . 70 No par No par preferred cum 51% 16 Gas 20% Jan Jun 63 66 9% 50 35% 108 *106 13% 86% 29 8% 50% 17% 99% *89% 28% 85% 43% 34'/a 108 27% 107 85% 8% . 17% 79% 27% July 15 Corp Steel 87 95 % *106 LOW Dec 10% 80 99% 107 8% 48% 34% 4 27% Par Shamrock OH 8% 24 STOCK Dec Jan 115 34 1 33% 95% 150 *110 16% No par 22% * 146 li.5 48% 40 . Jun May 144 *110 *00 5 Co Jun 83% 141 115 83 % 43 % 8,100 51 No par Co 19 Nov 142 *110 33% 5 & 16% 21% *138'/a 115 *85% EXCHANGE 103% Apr 6 11 Jan 11 Jun Jun 142 *110 7% No par common NEW 30% May 19 34% Jun 7 11% 18% 47% *136% 7% 1 Del $ per share 30 Jan 48 142 115 7% 100 Co.. $4.50 preferred Lowest Highest Jan 14 STOCKS Year 1949 t per share 13% 47% No par Seiberling Rubber Co Range for Previous 14 100 Finance Inc 13% 5 com vtc com Refrigerator Servel 13%, 25 preferred series A Roebuck 12% 100 Seaboard Oil Co of Seeger 13 107 preferred Sears 12% *98% Seagrave Corp 9 May 20 12% 110 No par (The) Seaboard Air Line Seaboard % 180 40 '/a 100 Co 16.500 39% No par preferred Scranton 31 111% 4) ..5 preferred 30% 111 35 % 1.75 common 30 ','2 111 397 s No par Co 29% 111 39 10o A Inc "0 111 59% 5 ... 15% Mar 17 20 Jun Lowest series 2n % 111 39 '13674 _100 preferred $4 preferred 48% Jun Jun 6% 77 4.40% Industries 3.65% 91 Jun pfd 4.30% 62 Jan 1st Schenley 23 111 39% 12 Co___100 St Regis Paper Co common 19 21% 9% Ry preferred non-cum 110% May 25 Jun 5% Southwestern Louis 23 111 38% L-San F Ry Co com vtc—No par Preferred series A 5% vtc 100 5% 23 111 27'/a 111 10 Scott Paper Co common May 109 Jun 337/a Co 99 100% Jun Jan 25 Lead Savage Arms Corp 13% 16% July 18 St 5 —luO I— pmeneu Joseph 20% May 24 37% July 21 47% 47% Jan o,o St 31 - Safeway Stores common 42% May 22 C7 6% 43% 34 . *68 574 *5 5 74 71 *68 71 *22 574 *68 5% 5'A 71 5 J/4 *63 6 20% 4 59',4 *61 *5% 71 63 20 % 35 2,900 4,700 60 3,700 62 10 6 "4 1,700 12,. 0 j 400 71 Spencer Kellogg & Sons Sperrv Corp (The) 1 2174 22 30% July 21 2274 22 74 2274 2274 22% 22% 22% 12% Jun 2874 2874 23 27% 2874 Spiegel 23 74 2)'/a 29 74 29% 2 29% 30% 15,900 874 974 72 8% 24 9% Conv 974 No par 5 97a 974 9% 10 10% 68 % 10,500 69% 69% 69% *68'/a 69'2 68% 68 74 l . . Feb Inc common $4.50 preferred 19%'Jun 9 Square 40 Mar 3 108% Apr 2474 May 5 Squibb (E R> & Sons $4 preferred... Standard Brands Inc 6 9-5% May 24 7% July 12 77% Mar 27 160 174 Mar 22 Mar 22 D Co : $3.50 preferred. Stand Gas & Elec Co common .1 com 190 17 16 74 16% 1674 1774 1774 17% 17 Is 17 • a 6,200 30 74 30 30% 3074 30% 30% 30% 30% 30% 1,200 106% 106% 106% 106% *10674 *106% 2074 20'4 2014 20% 9274 9312 92 92% No par 69 16% 30 No par No par No par com 69 2,000 574 108 674 106% 6 J4 106% 6% 2074 *92 6 J/2 103 110 2074 20'/a 20% 20*4 20 5 4 10,900 93 92 92 92% 92% 530 6% 674 6% 6% 6 % 27,200 55% 29,300 $4 preference No par $b prior prelerrea No par 125 125 129 129 133 prior No par 133 133 133% 132 13212 139 74 139 74 900 143 143 142 143 145 146% 14514 14 i:a 2,000 $7 preferred... 5074 52 513 4 53 53 74 55'4 55 5d 54»4 Volume 172 Number 4927 . . . The Commercial and Financial Chronicle (303) NEW Range for Previous Range Since Jan. 1 Year 1949 Lowest Lowest Highest $ per share $ per $ per share NEW Highest YORK JUti 70 Sep 61 Jan 25 72% Jun 9 Standard 45% Nov 42 % Feb 14 51% July 21 Sianaara Oil 01 run 74% Nov 66 Jan 25 80 27% Oct ■ 25% Jan Oil of California—No Standard Oil ol New 31% Jun 4 12 23 Stanaara oil ni Ohio 102% Dec 20% Dec 48 Dec x27 Jun 38% Jan 26 % Mar 10 July 13 Jan 12 % July 14 15 Jan 28 Steichi 34 July 12 39% Feb 10 Jan 9b Feb 21 30% Apr 27 Oct 94 41% Aug Jan 24 % 100 Jun 25 23 1 32% Jan 3%% 22 52% Jun Jan 46 100 4% Steel 7 1 Co 3%% Stevens Jan 15% Jan 181/4 12% Feb 21% Dec 16% Juiy 13 16% Feb 23 Dec 25 V* July 17 35% Jun 9 Studebaker Jun 52 Dec 7 Sunbeam 28 % 6% 90 Dec 10% Jun 27 Dec ',16% July 13% 69% 48%. 48% 49% 49% 501/4 50% 51% 50% 51% 28,700 69% 70% 70% 71 % 72% 73 3A 74 75% 74% 75% 41,400 27% 28 27% 28% 28% 29% 29% 29% 29Va 30 *102% 104 STOCK EXCHANGE 102% CLOSED (J & Pi 14% Jan 7 18 V4 Jan 4 5% Stone prior 105 103 IO31/2 103% 19% 19% 20% x49 % 49% 49% 49% 29% *29 30 29% 12Va *12% 13 12% 34% 34% Co 34% *49 % 49% 29% JLl 12% ij-5 34 34% *99 Inc 15 ; 34 100 100 *99 1C2 % 104 20% 21 *49% 30 12% ■' Feb 9% Feb 2U -55V* Feb Oct Mar 11 Jun 12 101 8% July 17 95 % oau Sep 66% 71 38 % July 13 Oct 96 Apr 18 Corp 50 49% 49% i 300 *?0 30% 30% 30% .13 13 12% 12% ^ 700 34% 36 35% 35% •' 6,500 100 *99 14,800 99 99 - *99 Sun Oil Co 100 40 35% 36 35% "36% 36% 36%." 37 37%- 13 % 13% 13% 14% 13% 14% 13% 14% 12,200 12 Ve 12% 13% 8,600 12 12% 17 12% 13 12% 17 17 17% 17% 17% 25% 27% 27% 41 42% 17% 12% 17% 17% 17% 28 ♦17 13% 17% 18 17% 26% 40 40 8% *40% 8% *97 _No pa# • 8% *97 58% 58% 42 8% 99 8% 99 58% 28% 27% 28% 43 9'/. 58% 44 9% 17% 58%. 43 9% *97 99 *97 59 '• 9,400 18 27% 17 17% 25% No pir commcn... 700 13% 17 4T1, common 500 21%' 35 *16% No par Corp $4.50 series A preferred, 9,600 21% < 13 Nopter ,11 Corp., Chemical Sun 64% May 12 15 & Webster 27,700 34% 20 preference * 103% 19 50 Tii5 Stokley-Van Camp Inc common-i-l 21 23"% Apr 27 5 68% " Jan 52 % 117 3 68% Stewart-Warner Corp Dec 14% uan 65% i._No {Jar S 37'A July 21 33% Jun Jan 12 65% 19% Inc 21% Apr Jan 9 % Shares 64% 18% preferred 9% . Sales for the Week 64% liOO L Stores Friday July 21 $ per share 63Va common—1 preferred (The) Bros Thursday July 20 S per share share 63% 100 series A Spring convertible Starrett 5 Mar preferred Standard $ per 47% 10 Sterling Drug Inc common 35 103% July 13 6 18% July 13 < $ per share 63 common Jun 21 $ per share PRICES Wednesday July 10 -"25 Jersey Juo Feb July 18 25 12 101 t per share SALE Tuesday July 17 {Jar Indiana Jun AND HIGH Monday July 15 40 44 ♦97 < 1,100 9%' 9% 99 600 9,000 83,100 7,200 99 59 59% *120 121% 120 13% 13 13% < 69,300 *18% 19% 18% 18%' 100 21% 22% 22% 59% 59% ' 1,300 - ;il8%-Jan 14 Xl22 -9 Jun 11*4 Dec 10% Tan 25 --14 15 - Saturday Par JUD Jun RECORD LOW STOCK $ per share share JO 20 STOCK EXCHANGE 3. 96 V2 May YORK STOCKS July 17% Jan •16% Jan 30 22 £5 Dec 122- Jan •; • >, Jan 4. * Apr 9 tb 60 7% Mar 127 Sep 63% Apr -Jan July 13 8% July 12 Sep 227 4 V*% Jan 195 Dec Sunshine 11% May 11 Jun 23 14% Jun 2 316 3 ■'83/4 Aug 14% Jan ;, 30% Jun 41 % Dec .35 July 17 106% Dec 108% Dec 103 July 13 112 IV* Feb 11% Nov 9% July 11 13 9% Mar 30 Mining Superior Oil Steel Superior 27% Jun 36% Dec 8% Jun 12. Feb 17% Aug 24% ■ 33 % Jun Sutherland t Mar 13 Apr 12% 12% 12% _25 *18% 19% *18% 19 V* *18% 19% 20% 20% 20% 21 *21V* 21% 4%% 22% 3,000 15V4 15% 15% 15% 15% 16% 16% 17% 17% 17% 13,700 49% 49% 49% 51 51 50% 51 50 50 1 1 Swift International Ltd Co_J: 8% 275 8% 275 12% 35 35 106 106;. 9% 9 9 280 278 - 280 12% (The»_4.16% Swift & 8% $5 .60 JO 100 Corp 15% Mar 12% *35% 12% 36 12% I 10% 35% 35 1 12% 12% 13 *76% Sep .3% Jun Mar 79 , 26 26% Apr 18 4 Ceitificates of deposit 7% July 21 Gould Corp Symington 12 % 18% *83 6% —1 - 12% 19% ""19% 84 % 12% Sylvania Elec Prod-Inc com__No par $4 preferred No par 88% May 31 3 Jan 5% Jan1 6% Nov 13% Jun 28 Jun 18 % July 13 Jan 89 83 9 295- 1,200 9% 297 6,400 *' 299 13% 13% 14% 14 35% 36% 36% 37 *105 % 10o% 105% 10% 10% 10 % 35% 35% * 1 12% 13% 12% 12% •83 ' 6% 10% v 35% .35% 19% 19% 1,400 35%- -35% t 12% 105 10% 12% 83 ~""6% 6% 9% 288 13 % "105 10% _„25 9 9% 280 35% 106 106 1 10 " ; 13% 35 ?34% " 6 30 49% Paper Co 37% Mar 23 29 9% Jan... 3 V 12.50 10c preferred i 120 1950—^20 Co Sweets Co oi America 4 121%; 12% ' 42'A Max .16 ♦120 11% California—t of 121% 11% u. Inc.,—. Biscuus *120 121 11% —25 preferred series B conv 2nd pfd ser 5%% Sunshine 11 '120 ill preferred series A 4 %% 23% Apr 4 17% July 20 49 . % 12% Jun 19 14"% July 12 J. 2.-1.90 . May' 9 Dec 21'A 16\_Jun 30V4 / Class A 4 Vi% preferred Sum ay Oil Corp common 4 13 v, 12% 12% 19% 6% 6 10,100 i J 600 105% '130 10%- 800 - 1 13 %f 4,500 5,800 * • 19% 1,600 20% 21 ' 84- 84 i 50 7% ' 26,700 10,400 ' £4% 7 7% v» 37 13% 19% *83 84% 14% '• > '7% - 7 >, . ) *"• -9% Jun 12% Dec 2% Jun 6% Dec 13% Jun 18 48% Jun 11% July 11 4% Apr 10 Nov 17 Jan 3 12% May 26 7% Apr 19 Talcott Inc Tennessee May 17 Corp 65% Nov 591/4 Jan 25 71% Jun 2 Texas Co Jun 18% Nov 1514 Jan 13 22% Jun 22 Texas Gvflf Producing Jun 70% Dec 63% July 13 Texas Gulf Sulphur 16% Jun 26% Nov 20% Feb 74% May 19 307% July 20 Texas Pacific Coal Texas Pacific Land 33% Feb 58% Dec 53 July 17 65% May 20 Jun 48 Dec 44 Feb 14 55 Jun 13 Texas 8 Jun 11% Jan 10 Jun 30 12% Jan 31 Textron 13'A July 15% Jan 14 Jun 30 167% Jan 31 4% Mar Nov 7% Jan J 14 Apr Aug 30'4 Jan 3 43 Apr l 14 13'A Jan 17 12% July 3 6% Jan 5% Jan 3 .1% Oct 36% Jan 4 '1% Jun 14% Jun 6 • 84% — — 3% Jan 5 Jan 17% Jan. 3 9 Mar 95 Dec 7% 5% July 13 511/4 May 12 — Apr 4% 2% May 23% May 19% Jan 20 Nov ■ „ Oct Jun Mar 4% 35 40 Jun 94 % Jai, 2% July 12 Oct 25% Jun 19 43% Mar „ 7% Jan Thompson S per share Thompson Products new - 3 30% May 22 Tide Water Associated Oil 27 17% Jun Timken-Detroit $3.50 2 Timken Apr 22 10 Jan 16% Dec Jar) 17 '/4 Dec 11% jun 16% Feb 6% Feb 9% Dec 98% Feb 108'A Oct 9% Aug 15% Jan 10 19% Jan 251/2 Dec 18% July 17 32% Jan ■" $ per share 19'% Jun 23 20% Apr 8 15 Mar 7 8% July 13 104 % Jan Jan Dec 32 % Jun 99 * ' ■ - Transamerlca v -'v ' / _ ,29 Jun 2 5 Jun 34% Nov 29'A Jan 18 4% Jun 6% Jan 4% Jan 3 8% Jun 10% Dec Feb 21 39 Nov 46 Jan 10% Feb 12% Apr 30% 57,800 53 54% 53 583/4 5,300 55% 56 57% 57% 59 57% 51% 51% 51% 52 52 52% 54 54 543A * 1300 10 % 10% 10% 10% 10% 10% 10% 11 11 11%. 5,600 par *14% 14% 14% 15 15 15 15% 15% 15% 15% 36'% Jan 13% 39 5 Jan 5 13 Apr 13 5% 6 Twin 7% May Coach 13% 5% 6 ~ 55 par *26'% 27% 57 *97% 2% 27% 1,020 100 ' 1,300 ' 180 33A 200 213/4 ' 2,300 ' 400 58% ' 3,800 99 ' 6 57% ' *97% — — — ' 2% 3 2% 30 *28% 28% 28% 28% ■ *5% 58% 99 *28% 2% 28 28 213/4 5% 5?% 99 5,700 '■ 6% 39 ■ 33A 21% 5% 6 55% 123/4 6% 38% 4 21% *97% , 28 26% 27 26'% • ' 33%' 12 3A 6% 900 9 33%' 40 *3% 4 . 8% • 13% 6% ♦39 39% 21% *5% ' 2% *2% *26% 27% *3% 99 3 2% par *12% 6 21 6 54% *97% 99 13% 6 20% *5% , 54% ; 39% 4 20% 9% 33% 8% 33% *12% 40 *3% 4 8% 33% 8% 33% 6 39 20% *5'% 2% 1 -30 28% ! 2,600 100 28% 11,100 14% 15% 14% 15% 15% 15% 15% 16% 16% 16% ' 10,200 P.ar 33% 33% 33% 34% 35 36% 363/4 37% 36% 37% ' 8,300 LOW Monday Saturday t per Par* S per $ per share share AND _ HIGH Tuesday July 18 July 17 July 15 SALE PRICES Thursday Wednesday July 10 $ per share 15 - 14% 14% 14% 14% 15 15% EXCHANGE 16% 16% 16% 16 3/8 17 17 16%' *15% 16% 17 *15 16% *15 CLOSED share - 105 106 *105 105 9 9 8% 8% 8% *105% • 9% 106 ' 105 the Weefc $ per share Shares 15% 15% 153/8 17% 17% 18% 17% , 9'A Sales for Friday July 21 July 20 $ per share 14% STOCK No par — 17 17% 2,300 93A 35,000 9% 105 9% 105" 14,800 7,400 105 80 ,'_5T Co 12'% 12% 12% 12% 12% 13% 13'/8 13% 13% 13% 9,500 p£r * 18 % 18% 18 % 18%" 18% 19% 19% 19% 19% 193/4 10,10Ck 32% 323/4 Co„— 32% "32 3 4 .33% *32% 100'%. 100% 100% *98 3i 100 % *98% 100% 12 12% 12% 12% 12'A 12% 12 '/a 12% 12% 123/8 34'% 36% 37 37% 36 36 36 36 37 37 5% 5% par *32% par- *98 3 4 par preferred——^50 prior conv *12% 5% 54 1 Corp common No $1.50 conv preferred TNo $4.50 prior preferred :_No Twin City Rap Transit com__No Apr 35 13% ♦97% Tri-Continenial 103 8 *33 CO CD *3% 12 6 8% 8% 20% .10 • 33% 8 -WV 11% Jun preferred 3,800 49% 11 $6 14,900 5.0c Jan 18 20th Centuiy Fox Film com 8'A Jan 29% ;i2 Truax-Traer Coal Nov 30% Air Inc..-15/ Transue & Williams Steel No par 25'% Jan 10% 29% , ' Corp 13% May 24 Sep 29% Transcont'l &, Western 3 Jan 27% » 110% May 17 4% 28% ,v STOCK 3 98% 24 No EXCHANGE 14'% July 13 29 26 . 22,000 • .—5 com.. 1 Bearing YORK NEW 15% Jun Dec 371/4 103 Axle._ Roller Highest share 10 : No No prelereuce- STOCKS $ per 25% .100 preferred Thompson-Starrett Co com Jan share 25% cord— 1-5 4% Range Since Jan. 1 $ per 73 *12% <J R»___ "1 6 » 21% 72 .Ab 10 Jun 6 Lowest 20% *5% 5'% Feb Highest 20 3A 72 33% L common 42% Feb Year 1949 Lowest 20% 69% convertible Range for Previous > 69 20% 69 38'% 100% May 12 38 68 19% 67% No par Fair July 12 33% July 14 , 69% 19% 67% Jiil 7 1,100 - 18% preferred— -50 tThird Avenue Transit Corp.No par Thomas Steel Co (The) L_„ -•-I May 24 13% 66 par No 22 Jan Nov No preference Co 200 500 5%, *18 18% Thermoid $2.50 12 5% 18 67 67 12 5% 17% 66 El — 13% Jun Jan 13% The 66 11% 5% - 17% 18% li— Rv Co preferred conv ' 11% 11%-.. 5% 17% Trust— Thatcher Glass Mfg Co common. $2.40 65%. *5 65 .10 common— conv 63% 5% pjr 1 5'% Jun 60 Inc 63'% *11%. 17%. 4 May 24 Oil 28 : Dec 32% 4 7% Jun 42 No & 5% 17% -It Co certif'cates Pacific & SI.25 I 32'A Dec 12 8% Apr 25 % ..25 share Sub * 11% 5% 17% 63% . 11% 36 *11%, *5% 17% Corp 56 16 11% ♦11% (James). Telautograph 18 * 323A" 53/8 5% 5% 6% 33 6% 33% 6% 1,300 *98% '100% 6 100 8,000 1,050 6 3/8 4,000 11% ' 3,100 U 10 1 22 39% July 14 10% July 17 47 Apr 19 Uhoerwdou 13% Jan 10 Union Asbestos 26% Jan 33% Jun 15 Union Unicn Carbide July Un El Co of Mo 10% 10 % 10% 10% 11% 11% 11% 11% 39% 39% 40 40% 40 40 % 40 40%/ 40'A 41 Co.—.5 10% '11% 11% 11% 11% 113/8 11% 11% 11% 11% 1,800 No par 2734 27% 28% 28% 29% 29% 30 29% 30% 8,600 43% 52,100 Bag & Paper Corp: May 10 10% No par 13% Jun Udylite (The) Corp ' .1 Corp Rubber & 2,000 * 19% 33% Jun ■31% 45 % Jun Jan Dec 1C7 Jan 112 Aug 94 Jan 96 Nov 86% 94 Jan Aug 40 % July 17 111Va Feb 96 Jan 90% Jan 103 13 Jan 2 30 30 24 51 114 113% $3.70 series.*—-No par ♦100 *99 July 17 Preferred $3.50 series No par 98 98 Preferred $4 No pai •105 106 107% May 23 28% July 21 26 % Jun 32% Sep 24% May Jun 89 % Jan 81 Jun 27 92 July 21 48 Apr 51% Feb 50 Jan 9 53 July 11 30% Dec 36% Jan 31 May 12 20 % July 27 Dec 25% Jan 13 104 V* Jun Oct 106% Jan 3 25 series Oil Pacilic oi 43% 42% 114 113 113% *113% 102 *99 102 *99 43% 43% 113% 112% 113% 102 *99 102 110 ——— ' •104 *96 % 98 *96 Ye 106 *105 98 106 •96% *105 98 97% 106 ♦105 270 97% 106 26% 26% 26% 27% 27 28 273A 28% 28% 28 3/4 87 88 88 89% 87% 89% 893A 913A 90 92 51% 52 51% 51% 51 % 52 :A 51% 51% 51% 51% 32 32 32 32 32% 32% 33 33% 33 % 33% 1,200 29'% —-—25 California Union Unicn 42% 42% 41% *112% 103 Pieferred 73% 2 41% 113% 40% No par Carbon & pfd $4.50 ser__No par 26 101% Jun 98 7 28 30 29% 30% 30 % 31% 31% 32% 30% 313A 25,400 108% 108 % 108 % *109'A 110% *109'A 1103A 153/4 '15% 16 22,100 83 83 83 200 27 2,900 , 28,200 * 109% 10% Jun 14% Oct 13% Jan 61% Jan 85% Oct 19% Feb 79% July 11 24 % July 17 1 non-cumulative 4% 74% Mar 20 Union 32% July 20 United Aircralt 5% convertible L12 Mar 20 17% May Tank United 1 88% May 19 Air 4%% Car preferred—50 i—No par Co.. common-.„5 pieferred 100 Corp 31% Dec 106 % Dec Feb 28 Jun 9% Oct 7% Ma, 28 10% Jun 23 United 29% Jun 38% Jan 321/4 July 12 40% Apr 10 United 23 30 28 Apr 17 United-Carr Fstnr Corp 2% Jun 3% Oct 2% July 12 4 Jan 12 United 40% Jun 47% Sep 36% July 11 106% Jan Jun 3 3% Dec 3% Dec 3% Jan 3% Jun 9% Dec 8% May 22 3 33 110 50 Mar 29 Mar Uhited 3 Mar Carbon No par 32% 32 3 4 3 9% 32% 24 24 . 3% 24 24 2% 2% *36% 3'% 3% 3.% *8% ■ 8% 9 % 9% 33 36% 2'% 37 26 *108 | 33 *23% ' 2 *36% preferred 100 United Corp (The) without div—ul United Dyewood Corp common—,.1 6 26 TO new_No pgr 15% 82 109 9% Cig-Whelan Stores com—30c 15% 82 25 9% Corp Co__ 15% *108 25% 9% e 83 *80 109 *108 No par Carton k 15% 83 24%, Npppr America of preferred Board $3.50 convertible 4% May 31 12 Biscuit $4.50 *107 15% 15% ♦79 100 Jun 111 •106 tommdn—10 Inc Lines pre)erred 4% 103 50 RR Co common „ 3% 9'A 26% 108% 153/a •81% 263A *108 27% 108% 26% *108 13,500 .2,000 100 108% 9% 9% 9% 9% 9% 700 33% 32% 34% 34% 343A 2,100 24 *23% *23% 25 2% 3 2% 3 36% 3% 37 36% 37 2% 37 25 300 3 14,600 37 3% 3% 3% 3% 3% 9 9 9 9% 9 9% 410 51,600 1,800 45 Jun 70 Dec 58 July 17 78% Mar 60 59 60 61 63 63 63 63% 65 14 % Aug 22% Jan 16 Mar 29 19% July 21 United Electric Coal Cos—. 5 17% 18% 18% 18% 18% 18% 18% 19% 19% 193/4 6,000 34% Jun 42% Dec 39 July 13 46% Mar 28 United Engineering & Foundry—>_5 39'A 39% 39 39% 40 40 40 41 43 43% 3,100 Jun 55% 13 United 52% 53 55 56% 57% 57 19% Mar 22 x44% 1% Dec 50% July 12 65% Jun July 19,% Dec Gas Corp— 26% Dec 14% July 18 22% July 13 United Feb 29% Apr 18 United Gas 9% Mar 13% Sep 11% Mar 30 14 % Jan 9 United Merch .Dec 15 Ve July 13 24 Jan 3 United Paramount 16 18% 19% 26 Jun . 19 Jun 25% Dec 15% July 13 23% Jan 12 18% Feb 30% Dec 27% July 12 36% Jun 12 102% Nov Fruit & of 94 Mar 100 Mar 18 12% Jun 17% Jan 34% Jun x89% Jun 116% Dec 96 % July 20 175 Jan Oct 187 30 181% July 19 106% May 23 18% May 19 135 189 Jun Mar 15% 15% 15% 23 3 4 24 24 % 12% 13% 12% 13% 13% 13% 11 15 % 15% 15% 15% 16'A interest v.- 15% 2534 15% 15% 28% 28% 28% 29%, S Freight Co S Gypsum Co common 1% - :——1 , 56% 410 58 22,700 16" 8 15% 15% 22,500 2434 243/s 24 3/8 13% 14 133/4 14% 25,400 17% 17% 17% 17% 17% 15,500 16% 16% 17% 17% *17% 29% 30% 30% 32% 31% 15% ■24 . 18 3,500 3,500 /- Foreign Securities—No par $4.50 1st preferred No par U 2 53% 14% 23% S & U 5 52% 15% 23% 1 Inc Theatres.;. ; - 15% ,. 10 Mfrs " 23 No par Co Improvement CO—_ 13% Certificates U 58 100 preferred No par 20 100 preferred .< 102 *15 100 *181 101 % 102 16 103% 185 15% ♦ - ' ' IOIV2 15 % 100 102 *181 185 *101% 15 97 181% 103 15% 100 181% *101% 103 *101% 32% 103 13,500 100 15% 16 16% 16% 1,100 96% 100 97 98% 12,600 184 *181 *181 lb* JLd " 6% 43 Jun .r May 10% Sep ' 57 Jan 8% Jan 3 11% May 16 40% Jan 4 54 29 Jun 26'A Oct 3% Jun 9% Dec 8% Jan 10 15% Jjun 30% Dec 28 % Jan 9 17% Apr .eFor Toot notes see page 24. U Mar 29 22 Mar 11 18% July 12 3 S Hoffman Machinery com—.—5 8'% ——100 48% 4%% preferred— U S Industrial U S Leather Class .55% July 20 '* A Chemicals Co conv common. preferred ;"'j.VV V:-'"r- "• ?■>>■ J'"*' No par No par No par 26% 15% *47. 8% 49 26% 8% *48% 8% 9% 9% 50 49%. 50% 26 9% £50 9% 51 9% *50 9% 51 1,900 70 26'A 25% 26 28% 27% 28% 6,500 16'A 16 16%- 17 18 17% 13% 18'A 18% 12,800 48%. 48% 49% 52% 54 54 % 55% 54 55 25% 3,100 23 24 The Commercial and Financial Chronicle (304) YORK NEW $ per 16% Jan 4 pei Sper share share 14% Jun Oct Jan 8% Apr Jun 49% J«n 34% July 13 52% Jan 72 Dec G% ./ttlJ 7% May 10 38 65% July 17 7% 93% not 43 Apr Jun Jan 37% Jan 126% Jan 18 33% Oct Oct 40% Jao °5% Jar 37 Jun 26% Deo 140% Jan 18% Jan 80 Not 100 3 4% Apr 27% Jan 24 Jan 15 19% 9% Jan 4 Sep 25% Sep 156 Feb 12% July 13 lol Jan 174% Jun 16 25% EXCHANGE CLOSED 55 32 "b 143 18% 41% 42% 43 9,600 130'/2 130% 130V2 131 1,210 34% 35% 36% 36% 37% 37V. 38% 55 55 5o % 58% 53 58 V2 58 58% 1,200 32% 32 % 33 "2 32% 24 >/2 34% 35% 34% 35% 183,100 143% 144% 143% 143% 1*4% 144 V. 144% 1,200 187/b 18% 18% 18% 4,400 4%% 43% Jan 64 Dec 45 17 Jun 25% Apr 20% Feb ta 29% May 20 3 11% May 17 Van 2% *23 25 •23 18 17% '18 18 Va 4'/« •21% 100 •174% 7% •175 175% 1 7% 100 45% 45% ♦25% 26 Vb 4% 21% 21% 175% *175 43 18% 19 45% 27 Vb 26% 6,000 25 •23 19 19% 19% 1,200 4 Va 4% 4% 2,300 21% 21% 21% 1,500 175% *175 175% 7% 8% 48% 27 27% 2% 2% 25 2,600 95 % *S1 2% 1,000 9% 9% 9V2 7% 46 5% 5% 5% 95% 6,100 42 *41 42 46'% 27% 7 % 7 % 7% 26 preferred % 46 46 19 4% •175 175% 7% *23 18% 21 VB 22% 4 2% 25 4 4 vb 22 Vb 4% 22 9% *91 2% 2% •23 25 17% 5% 9% 95V2 •91 2% 2% 2% 18% *41 5'/2 9% 9 V2 144 42 5% 5% 95 % •91 95 Corp of America—No par Vanadium Jan 90 % 41% 130 19 18% •41 42 •41 9% preferred 400 3,200 92% *91 41 Vb 5% 8% 26% 92% 129% 41% 130 9% Universal Pictures Co Inc com 26% 35% 40% 130 5% 1 67% 26% *65 34% 4u% 131 42 *41 No par 2o% 91 * 92% 2,700 36% 143% 33 % 9% Laboratories Inc 67% 5,409 8 vs 2 6'/4 33 VB 67 % Shares 16% "8 vb 8% 55 40% * 25% 10 vb 16% 35% 23 ■'*91 92% Sales for the Week S per share share 68 66 25% •91 *8 !/4 JO 66 25% 26 92% *91 129% preferred_25 *63 5% 27 61% Jan non-cumulative Universal 2 May 23 15 % 1 27 Fet 1 va a 65% STOCK No par Universal Leaf Tobacco com e 7% o-iy aU Dec 17 Jan 35% pfd—5 $6 convertible preferred No par United Wall Paper inc common 2 \% convertible preferred 50 Universal-Cyclops Steel Corp 1 24 6V» Apr *25 21% July 19 Jun 170 Mar 7 3 35% United Stores $4.20 non-c 2d 4 Oct 17% 3 0% 100 United Stockyards Corp 5 27% Jun 8% 35% 16 16% *8 VB No par 0 S Tobacco Co common ?€ 19% Jun Feb 12% Feb Jan 15% 8% 50 50 Ref & Min com preferred 7% 15% *8vb 10 preferred 7% 15% 8% 100 0 8 Steel Corp common 21 Jan 21 3% 13 2% July 17 Mar 30 Jao 4 Jun 7% 15 "2 *8% 100 A 1st preferred S per share 15% 1 couimuu prelerred series non-cum 0 6 Smelting 44% May 19 6% May 19 11% Apr 3 3 26 91% May Dec 92 July 5% Jan 8% 6 Feb U Curp fiywuuu $ per ( per share t per share share July 20 10 Playing Card Co o July 19 20 10 Co Foundry & t per Fridav July 21 Thursday Wednesday July 18 1 common CJ 8 Rubber Co common 40 Jun Pipe 3% % 146% May 26 4 »% July 13 11% Not Apr 2% 40 Sep 6% "» Jan 18% July 12 not 44% Jan 139 U May 29 68% Mar Jun 6 li 47% Mav 31 136 54% July 14 20% 22 18 Apr 33% Mar 31 129% 4% Feb 8% Jun #'. vj, 5 Apr 72 38% U S Mar 46% €2 12 jl% Apr 3 Jan U Co preferred 4%'i 9 10 Jun 77 Lines S Tuesday July 17 July 15 Par U an % t 23% July 12 88% July 30 31% Aug 113% Dec 133 19% May 82 4 PRICES SALE HIGH Monday gatorday share Feb 18 27 AND LOW STOCK YORK EXCHANGE Lowest Highest S per share 11% NEW Kangr Since Jan. 1 Highest Year1949 Monday, July 24, 1950 . RECORD STOCK STOCK8 Ran^e for Previous Lowest . . 5,000 8% 200 48 43 V 10 28 Vb 28% 27 3.600 27% Va 4,00) IOVb 10% 10% 11% *29% 29 10 29% *29 Vb 293'B 600 v« 24% Feb 23 34% May 10 Van 12% Jan 3 17% July 11 27% Apr 18 Vertientes-Camaguey Sugar Co—6% 15 Va 15% 15% 15% 15% 15% 15% 16 15% 16% 10,700 Vick Chemical Co 23 % 23% 23% 23% 23% 23% 23 Vb 23% 23% 23 3/a 3,100 25 Oct 20% Dec 97% Mai 8 103 May 98 Deo Jav o 105 July 12 Jan J fa a. at) 47 Dec 40% July 18 51% May 19 91 Jan 100 Deo 967% Mar 22 Ji 5 Jun 11% 6% Jun Jan 15% Jan 20 Jun 113 17% Jun Deo 113% Jan 79 Jan 118 Jun Feb 115 Jan 29 9 Vb 27 32% 19% July 23% July Dec 27% Jan Jan 6% Mar 23 T7 Jan '0 45 22 $4.04 22% Feb 7 Va Julv 21 32 n 36 May 17 60% Jan 48 Apr 2a 60% Mar 7 12 Jun 26 30 Mar 45 Jun 12 Jun 14% Sep 25% Jun 31% Not ». ♦102 105 104 102 103 40% •98% 40% 99% 41 Va •98 Vb 41 99% 7 7Va * 99% 17% •115% 116 25 *18% 25 28 5 20 27 % *31 % 20 pfd (The) Detlnning Co common prelerred _ *34% 103% VB *18% 27% 27% 19 *103 104 % '103 1/, 853/4 500 lo VB 16% 17,ioO 115% *115% 116 115% 116 ♦103 104% 103% 103% 7 *18% 20 10 29Vs 29% 29% 1,300 273/4 1,400 1,300 20% 27% 27% 27% 30% 27% 27% 23 Va 29 29 29 29 vb *23% 29 % 293'4 33% 33% 35 34 % 35% 35 % 36 37 38 35% 34 34 33 33 *32 33 32% 32% 51 28 70 20 20 27% *27 150 20 23% 28% 28 u»r» 7% 85% 18% *18% 19% 3 7% 87% 18VB 21 Va. 27 2,000 99V2 104% 115% 115% 115% 103% "70 41% *98% 86 VB 7% 17% 100 100 99% 18 Va *84 Vb 18% preferred 98 VB 88 7 Vb 7 84% 17% dividend * 41 41% - 84% 18 41 41% 98 Va 84 Iron Coal & Coke 4% 11* 105 *102 7 preferred Vulcan *102 104 41 84 Visxlng Corp 33 i July 17 105 *102 100 13 a! 28 *102 104 100 17 27% A),. 31% Jan 33% 30% 105 *102 No par Apr 25% Jun Jun *102 104 com Chemical 30% Feb Apr Oct Nov 105 Q Works common Virginian Ry Co common 6% preferred Apr Apr 33% 28 25% 23% Mar •102 •102 Virginia Elec & Power Co com—10 7 11% Mar 7 26 2.50 partlc preferred div 22 18 10 preferred Va -Carolina il 105% Jun 30 xl03% May 26 Jan 3% % May 15 46% Jun Co Inc Victor Chemical 13 jj>. Raalte Vicks Sbreve & Pacific Ry com_100 5% non-cumulative preferred—100 4 33% Jun 14% 10 28% Jan 97 Jan 26 9% 28 9% No? 85% 82% 10 28 2.50 Co 13% 85% Mar 20 Norman 27 Feb 10 9 11% May 778 Nov 20 % Jun 50% 51 51 51 52 53 680 60 W L01 Oct 105% May 14% Jan 2 7% July 17 101 % Ma\ 32 105 Vb Feb 17 40 % Jun 23 33 Deo Jun Jan 6% Juiy a3 Dec 14% July 14 *12 Jun 9% 17% *87% Jun 101 % Deo 9% Jan 16% Deo 11% Jjiv 12 18% Jun 30% Deo 24 >/» 97 Jan Feb 1.6 1 Ward LG5% May 16 11% Apr 3% Jan 17% not 6% Oct 73 Jun 27% 84% Deo Jun 23% Jun 5 Jan 8 .o , 27 vb Jan 1,700 101% 101 % 101% 101% 101% 101% *101 V« 102% *101 VB 102% 330 34% 34% 35 3 8 35 % 36 % 3634 37% 3 7'A 11 Waukesha 13 Wayne <j5% Apr 25% July 11 Oil 18 Jun 27 Oct 18 vb Apr 15 aj% Feb 20 21 vs Ju.y 13 27 % Feb 25 West Penn Electric West Penn Power not HIVb Jan 18 114% Jun 13 108% Jan 106 Jun 21 109% Feb 7 101% May 12% Dec 35% Jun 108 Deo 106 104 108% 17% Jan 50% DM May Jan 109% Mar 24 July 20 12% Api h i 44% July 14 107 4.20% 16 Feb July 19 4.10% 18 54% Jun West 23 t per 5 Range share t per share 8% Deo 21 13 Deo Auf July 115 5 4% % 15% Mar 22 3 38 V4 78 July 21 July 20 Jun 27 22% Feb 16 2434 24 24% 24% 25 13,300 20 20% 20% 21% 21 21% 12,500 22 Ve 22 7 22 5/8 22% 22% 22% 18,800 114% 120 20 116 -At>T € i White Dental Mfg White Motor Co Deo 49% May 5 8 Jun 27 77 Vb Jan 5 21% May 24 23 56 vb 103 15 15 15 15 15% 15% 153/i 7,200 45 45 Vb 46% 47% 48 47% 48% 900 107% r *107% 100 100 103 % 107 103% *107 prices sale Monday Tuesday July 18 July 19 $ per $ per share Friday SAles for July 31 the Week Thnrsdsy Wednesday July 17 $ per share 180 108 *107 108 July 20 t per $ per share share Shares share 3,900 8% 7% 8% 8 7% 7% 8 8% 8% 38 38 38% 39 Va 39 39% 38% 40 39 39% 2,400 13% 13 3/b 13% 14 Va 14 14-/2 14% 15% 15% 16% 10,400 7% 100 No par com 20 15 45 STOCK EXCHANGE CLOSED * 31 30 30 32 313/a 31% 32% 32% 600 34% 35% 35 % 363/8 353A 36 % 36 3/b 37% 37% 38 »/b 6,900 73 733A 74 74 75% 75% 76 78 76% 76 3/b 1,200 ! ; *27 *30 Np par (The S 8) .20 i ■» 79% not Jun 13% Jan 9% July 11 $4.50 conv Deo 16% Julv 13 22%' Feb 25 July 18 142 Jun 40% May 43 Vb July 20 41 Feb 16% Julv 12 Oct 69 July 18 76' 76 Not 74 Jan 4 86% Jun 68 Feb '89 Dee 79 -July 3 82 -Dee x71 *109 27% 26% 27% 21 Va 27 3A 85 85% 85 85 •85 21 Va 27% 28 28 28 19 Vb 19 Vb 19% 19 % 20 31 31 % 105 105 25 % 26 120 *109 28 % 283A *85 86% 28% 28 20 20% 31% 105 26 *109 120 500 26 120 26% 29% 293A : 1,200 ' : 30 1 13,000 86% 86 86 140 29% 283/b 28% 800 6% Woolworth 35 13% *34 20% 20% 20% 13% 13% 10,700 7% 7% 8% 55 % 56 VB 74,400 73/8 7% 533/4 No par 12% 12% 13% 133/b 13% 13% 13% 83 Va 83 Vb •83 83% 83 63 83% 83% 10 97/s IOVb 10 10 10 10 10 10 10 10 17 Vb 17% 17% 17% 18 Vb 13 18% 18'A 18% 10 17 iqq Common i 8% 8 3,300 53% 7 Vb 53 13 Vb 133/8 12% *83 83% *137 55 141 •137 141 7,600 14% 13% 7% com ;j Co *• 35 *34 13% 7% 37 36% 36% 35 13% 13% 13% 35 V2 35'A 35 No par : Iron Co. (F W) 13 •34 53% 553A 56 11,500 500 3,800 13,200 20 141 -137 •135 137 137 137 37 37 37 37 37 37% 37 VB 37% 37% 38 2,100 .10 _ - j 2,400 _10 preferred Woodward 3 34% 35 •34 .1 ; . Wisconsin Elec Power Co 8 X34 52 $4.25 preferred.— 13 34 35 pfd series A—No par Wilson-Jones Co 21% May 19 72 Jun 25 Vb 120 •110 33% 43% 44% 433A 44% 43% '-44% 43% 43% 43% ,-44 18,100 16% 17% 17 Vb 17% 18% la% 18'/8 18% Worthington Pump <te Machinery 65- 105 25 24% 120 30% 31% 104 *34 Vb 8 ------ 32% J&a 24% *23% *110 30 VB 104 1 common Wilson & Co Inc common— 83% July 21 ii vb Jan il 21% 30% 104% 20 Sewings Machine Willys-Overland Motors common % Mav iz Jun 10 1 29 3A 104 Vb ~ July 20 70 —No par •68% j 17% 1 19% ; i 7,500 310 69 69 *70 71 71 71 71 Vb 71 Va 76 *75 77 77 77 77 77 7H% 79 83% *80% 83% 82 85 85 85 85 85 170 < x71 73 74 75 V2 74% 76 753A 76 2,600 1 14 Vb 13% 14% 1* 14% It 14% 5,900 28 Va 30 Vb 10 10% 70 ' - - July 18 10% itu ao 13 89 May 10 Prior preferred 4%% 12 Jan *9 «°V4 Am 13 16 Wright -Aeronautical Wrigley (Win) Jr (Del) July 11 Wyanaotte 30% Dec 12% Jan 27 39% Jan 36 28% Not 24% July 17 33% Mpy 53% 77% Dec 72% Jan 13 98% Jun 22 "> 10% Jun 14%'Jan 11%-Jan - 3 20% July 3% Feb 33% 31%. Jan 13 Jan ' 9vb July 13 'July 14 3% Jun 27 (priees^fi© sal cnangea .irom NOt^EnameHog & Worsted York -6 15% May 26 70% Apr 6% ^0. 14 Apr 22 Coup 4%% 76 *81 No par 71% 72 No par 13% 14% 27 27% 13% Ji 9% commoi 9% 28 Vb 28 9% —50 36% 36%5 Young (L A) Spring& Wire.No par 'Youngstown* Sheet & Tube No par 24?% 25%- 25 83% 84% 83% 12% 13% 41% 42% 4% 10 •35 convertible preferred. Voungstown Steel Door Zenith Radio > Zonae Products Corp. saie: —No par 4 37 •39% - 29% 293/4 29% 10% 10% 10 37 34% ~34% 37 *35% 127% 28.% 30 Vb 2,800 10% 5,700 200 2,900 25% 26% 27% 28%. 28%. 87 87% 89% 89 90% 89% 91 13%; r 13% 13% 13% 14% 14% 15% 5,300 42% 44% ; 44% 46% 43% 46 42% 43% 30,700 4% -4% 4yb 4% •13 . " - or petition -has been filed for company's reorganization; a Deferred* delivery. sSpecial-$aies.—wd When~ffiStMhtttedr"XEr-dlvldend. ~yFx-Tights. tin receivership, 80 8 Yale & Towne Mfg Co. a-*-remay 19 * 43 % May 29 .100 100 Co 35%'May -3 s on this day; Snuuinux series Prior pfd 4%% conv series 30% May 16% Jun I per share 10 $5 conv prior preference 27 57 Vb ,and •105 / 15 45 107 % 1 •'heeling & Lake Erie Ry .100 Wheeling Steel Corp com new.No par *42% Jun . 106 64,700 8% July 20 Deo *105 low and high 3.80% preferred series B 100 Weston Electric Instrument——12.50 3 ~4%H*ct 106 32 18 5% Jan Jun 106 105 23 Jan Jun *104% 106 31 Ve Jun 05 % Feb 28% May 12 7% > 108 *104% 36 a 4% Jun '8 *106 18,900 15 19% JOn 108 31,700 12% Feb uct 114% *106 27% Deo 12% *114'A 108 30% 1*Vb < 114% *103 106 14 Va *44 July 15 Prior preference Wilcox Oil Co 8% Feb *114% 103 26% White / 114% •106 29% 35 Vb May 23 17% Mnv 26 Feb •114 26 3A 47% Jun a *105 Saturday 114Vb 114% 108 114 Va *106 100 b 29% 12 66 290 26% 30% July 12 18% Deo 5,100 85 28 3/b 33% Jan 11% Jun *59% Feb 28 3/b 85 26 Vb Dei 137 23-3/4 84% 28% Dec Not 24% 900 28% 25% Dec Not 84% 28 Vb 16% 49% July 27% 85 25% 34 35 27 % 84% 28% 32% 140 27 85 25 % May 31 Sep 27% 85 3,000 6 Vs 28% Feb Jun 27% 85 Vb 13% 6 % 25% iWj Jan 273/4 B 500 12% 28% *4 44 6% 28 32 22 123/4 6% 25 41 128 12 VB 6% 6 23% Preferred series A Jun 14% Jan 12% 6% 6 Vb Westinghouse Air Brake—No par Westinghouse Electric com 12% 3 12 11% % 11% 6 Vb Western Union Teleg class A-Nopar 3 Dec 11% 12% 700 Vb 19 *18% 4 26% July 15 12% 19 "18 24% Supply Co Jan * 18% 18 22 Va Par 12% Jun 18% 13% 18 2,buO 14% 14 22 81 15 Vb Feb 133b 13% 13 Va 25 25 27% Feb 112 ii&.j 13% 14% 5.300 19 3/8 1) 19% 25 137/B 1,500 31% Jun 19% Jai. Feb 18% 25 13% *24% 26% 20 Va STOCK Western Pacific RR 18% 25 18% 18 2434 140 26 % ■ 19% Western Maryland Ry.com 4% non-cum 2nd preferred. 21 26 21% Western Air Lines Inc Auto 253.', 36,700 24 100 YORK 25% 12% 10% Pulp & Paper com—No par 18% <8% 25 Vb 2,700 12% 12% 23% 100 Western 8jvb Jan 28% Feb 7% May 25 12% 21% pfd 19% Feb , 24% July 13 29 Vb July 13 103 24 25% July - 24 VB 12% 193/e share Deo Deo ; 21 % EXCHANGE 32% 23% Mar 12 Va 1004 *100 100% 4 prelerred NEW 9% Feb 3 Deo 12 Vb 27 "b 1 com 51% Apr 25 27 26% Jan Mar 71 Jan 64% Jun 33 Feb Jun 102 28 104 20%.May 98% Jan not 34% Jan Jun 21% Deo 12% July 27 Ju.y 33% May S per 26 30 Jun 53% Jun 21 vb 7 vb Jun 37% J"ly 13 70 v4 24 Sep 20 16% Dee 12 *100 84 7 L_8 Highest Sper share Deo 41% 12% 173b *6 —100 Since Jan. i Lowest Highest Feb 100 STOCKS Year 1949 32% May 8% Feb 93% No par . Co preferred series B Range for Previous Lowest 101% 24ai 11% preferred series C 4%% 7,100 101 17% 13 % Virginia Coal & Coke West Va LL0% May 13 7% 15% 25 Vb *17% No par West Indies Sugar Corp West Kentucky Coal Co Dec 115 7% 15% 17% com___2.50 $4 convertible preferred 22% Sep 7% 15% 25 1 25% Apr *24 6 Sep 104% 7% 15% 113., No par Inc Jan 107 734 15 VB 102% I 16% 19 7% 14% 101 % fl 14% 16% 12,000 7% 1434 14% 3 Snowdrift & 38V8 6% 34% 7 14% No par Co Pump Co Tobacco Weston 30% May 31 28 Motor Webster 7 83 % Feb Pictures Wayne Knitting Mills 17% Mar 16 7% Jun Bros 8 14% 24% 67 1 Washington Gas Light Co 9 Jan 24% Jan * 800 28% Pipe May 22 44 Juiy 13 11% July 13 Jan July *19% 18 12% 28 Corp 21 Vb 27% Jun 12% Jun 12% 27% 6 Petroleum 14 28 . 12% 27% 100 Foundry & 15% Feb 24% Jan Sep 12 3-i 2 j ... Warren Jan Deo Deo preferred Warren 22"% 14% 12% 2; % common 6 25% 24% 12% 27% 100 Warner Jun Feb 12% 27% __2.50 14 Jun Jun 1238 21Va No par G & W 18 % Feb July 18 12% 27% Co Baking Co 5%% 800 55 *53 12% No par Jan o */4 14 11% (Hiram) Walworth 51 100 No par common preferred i 23% 16% 4% Walker Apr UVb preferred System Walgreen Co 4 13 Jun 6% Jan Waldorf 10 Feb 26 21% 31 Wabafh RR 4%% , bName changed , - 4% from 4% - 4% . 4%- Noblitt-Sparks Industriesv 15,100 7,200 cNeme- ' Number 4927 Volume 172 . Bond Record italic lettert In the New York Stock Exchange «o> column WEEKLY - Period" "Interest headed YEARLY - In each case the month Indicate Figure* after decimal point represent one 32d of or more when the bona* GOVERNMENT 1V49 Lowest Range Sine* Jan. 1 Lowest Highest Highest 103.28 Dec 103.28 Jan 108.13 Saturday Monday July 17 July 18 Law EXCHANGE Low High PRICES »AL» Li> •• Hi** Low High low Jan 108.4 1 May 111.10 May 108.4 111.10 May 1 3s 1991-1901 ♦102.12 102.14 *102.11 102.13 *102 11 102.13 *102111 102.13 *102.11 102.13 2%s 1955-1990 ♦108 108.2 •lOo.i 108.4 *103.2 106.5 *108.6 108.9 *108.6 108.9 2 Via 1951-1954 ♦101.21 101.23 *101.20 10x.k,2 *loi.20 *101,20 101.22 2Vis__ 1959-1959 •109.10 109.12 *103.10 109.13 ♦1J9.11 1 *iUi>.iO 109.18 *109.18 109.21 2Vis_ 1958-1981 ♦111.10 111.12 *111.10 111.13 *111.10 111.14 *111 15 111.18 *111.18 111.21 *113.24 113.28 *113.30 114.1 100.11 *lo0.8 100.10 Treasury Treasury Treasury 1 *101.19 01.21 110.23 Mar 102.31 Jan 102.31 Jan 104.9 Peb 104.9 Feb ..... . „, *113.18 113.20 •11...2J 113.23 ♦lio.-i iiv.i.4 ♦100.9 100.11 •100.9 100.il *luJ.9 li/o,.i 2*1 1962-1954 •101.28 101.30 *101.28 101.30 *101.28 101.-10 *104.28 101,20 Treasury _____ 19*0-19*9 1950-1952 Treasury _ __ 2Vis_. 2%s„ 110.23 Mar 2*s„ 1956-1959 *105 105.1 •105 105.2 *165.1' 165.3 *105.3 105.5 *105.3 105.5 103.17 *103.15 103.17 *103.15 103.17 2.Z4 iUvi.Vid *10.28 101.30 2%a_ 102.1 Mar 103.8 July 104.15 Oct 103,8 L_ " Treasury Treasury Treasury - 102.19 Apr __ 101.12 Peb 101.13 Jun i 101.7 Feb 103.2 Aug 100.18 Jan 103.19 Dec 102.19 Apr 25 25 — , 100.28 — Jun 103 — *103.15 103.17 102.22 *102.21 102.23 *10221 102 23 *102:23 102.25 Jun 1994-1999 •102.4 102.6 •102.4 102.6 *102.5 102.7 *102:5 *102.5 102.7 Dee 1994-1999 *101.29 101.31 *101.29 101.31 *101:30 102 *101.30. 102 *161.30 102. 101.26 •101.L4 101.26 *101.24 101.26 *101.24 101:26 *101.25 101.27 101.26 2*8 _ 2*8 _ - *1 102.7 101.23 May 2 2*S_ 1995-1970 •101.24 2*8— .1999-1971 *101.23 101.25 *101.24 101.26 *101.24 101.26. *101.24 101.26 *101.24 2*8 101.3 *101.1 101 3 *im 1 *1 l.i lUi.3 *10x.^ 161.4 Treasury — _ -— — 103.18 •102.20 Treasury 25 102.14 Apr _ Aug - ♦103.14 1999-1999 Treasury 102.14-Apr 25 --— — 1992-1997 ♦103.15 2%s_ Treasury July • : 2*8- ♦104.31 105.1 105.2 *105.3 105.5 *105.3 105.5 •101 ,• 101.2 *101 161.2 *101 101.2 *101 101.2 101.27 102.23 Peb 24 - ..Jttn 1997-1972 ♦101.1 -Sep 1967-1972 *104.31 ,105.1 1967-1972 _ •101' Treasury Treasury _____ _ Bonds (?) High Treasury Treasury 1 May Sales f 01 the Weeb July 21 July 20 ' -» • Friday T>Mirsday July 19 Low High HIGH AND W-dnesday Tuesday July 15 BONDS STOCK Treasury Dec 108.13 NEW YORK mature point. a LOW Range for Previona (305) • FRIDAY The Year r The Commercial and Financial Chronicle . . r ♦105 • ' •101.26 •101.26 101.23: ♦iUl.26 lui.23 *lul.26 101.28 *101.25 101.24 ♦101.21 101.23 *101.21 101.23 *101.21 101.23 *101.21 101.23 ♦104.19 104.21 *104.18 104.21 **104.18 104 21 *104.20 104.22 *104.22 104.25 •104 .1952-1951 101.28 *101.22 .1951-1952 2*s_. ■101.2 r l 104.1 *104;- 104.2 „ 104.2 *llH.Z 104.4 *104.2 104.4 101.11 e *101.10 101.12 1 Treasury Treasury \ 102.30 Peb f 100.13 Jan 102.30-Sep 102:18 Feb- < 100.17 Peb 101.3 101.5 2*» 2 Vis Treasury Treasury 2*S_ 105.4- -Aug Jun 10? Iff Feb 1 Jan 103.9 July 17 2s Treasury 2s 2s_ Treasury Peb 101.18 " 2s *101 ♦101.9- 101.10 ■ l 9 101.11 *101.'5 " 101.J 101.5' 101.7 *104 ,*101.9 , • ' 1 it) 101.7 101 7 101.7 *101.5 *101.6 .Sep 100.S *100.6 100.8 *100.5 100.7- *100.5 100.7 *100.28 100.29 *100.27 100.29 *100.27 100.29 *100.27 100.29 *100.26 100.28 *101.2 101.4 *101.2- 101.4 *101.1 101.3 *101.1 101.3 *101.1 101.3 1952-1954 *101.7 101.8 *101.7 101.9 *101.7 101.9 *101.7 1U1.9 *101.7 101.13 *101.16 101.18 *101.16 101.18 *101.16 101.18 1950-1952 .. . 1951-1951. Jun i International , s 101.9 1952-1954 *101.16 101.17 ♦101.16 1953-1955 Dec ♦102.26 102.28 ♦102.26 102.29 *102.23 102.23 *102 28 102.31 *102.29 102.30 *100.4 100.5 ♦100.4 100.6 *100.4 100.6 ♦100.4 100.6 *100.4 100.6 •103.8 103.6 *103.6 103.10 *103.6 103.10 101.8 ♦101 101.8 *101 101.8 101.8 *101 101.8 *101 101.8 1959 Bank * for Reconstruction A Development Dec 103.G July 19 103.20 Jun 103.6 103.8 '103.4 103.8 *101 101.8 '101 101.8 *101 101.8 '101 101.8 " ♦101 ♦100.20 100.28 '100.20 100.28 *100.20 100.23 *1(0.20 100.28 *100,20 *100 100.8 '100 100.8 ♦100 100.8 *100 100.8 *100 100.8 26-year 3s *8 .. . 1972 2s serials of '50 due Feb 15 1957 ♦99.16 ♦£9.16 99.28 99.23 - • 99.23 *^9.16 "99.16 *98.28 99.8 98.8 8 £ •99 99.12 *99 99.12 *99 99.12 *98.28 2s serials of '50 due Feb 15 1959 *98 98.12 *93 98.12 *98 93.12 *97.28 98.8 *97.28 97.24 *97.8 91.20 *97.8 97.20 *96.20 97 *96.20 97 96.34 *9t>.12 96.24 2s serials of '50 due Feb 15 1960 tCalled for price. sales transacted this day. No redfmption (2%s due Sept 15 1950-52, 97.24 *97.12 97 24 *96.24 97.4 *98.24 97.4 *96.24 97.4 93.23 *96.16 96.26 *9o.lo 9.-3 2s serials of '50 due Peb 15 1962 96.24 Mar 23 96.24 Mar 23 asked *97.12 *97.12 2s serials of '50 due Peb 15 1961 and a Odd lot tra nsactlon. Sept. 15. 1950 at par) BONDS Period New York Stock Exchange or Transit 3% Unification York WEEK ENDED 21 Bid & Asked Sold Interest Period Sale Price Low High 9 8Vis series No. 10 109 ,"e- 43 lG3i3 109 A 108A HO 8Vis series No. 8Vis series No. 11 12 3Vis series No. 13 8Vis series No. 14 3Vis series No 15 3Vis series No. 16 17 8Vis series No. 18 3Vis series No. 8Vis series No. Foreign Securities 19 8Vis series No. 20 3Vis series No. 21 8Vis series No. 22 8Vis series No. 23 3Vis series No. 24 8Vis series No. Wertheim & Co. Telephone Member* REctor 2-2300 120 • ' T eletype York Stock Exchang* New NY Broadway, New York 25 8Vis series No. 26 8Vis series No. 27 8Vis series No. 28__ 1-1693 8 Vis series No. r 29 IVix series No. 30 sinking fund 5s 1957 Sinking fund gold 5s 1958 Brisbane Foreign Government and Municipal Oaldas Feb-Aug A Guaranteed sinking fund 6s 1948 (Kingdom of Norway) 1968 4s • sinking fund 7s 1st AExternal sec sink fund 7s AExternal sec sink fund 7s 3rd 80-year 3s s f $ Antwerp Australia bonds 1957 ser 2nd ser 43 Stamped external 8s to 3.5%) — (Interest A 46% 46'/a 53 33"% 40% 75 1001/2 104 »/2 104 98 202 96 88 11 87 98% 87 % 88% 9 87 92 87 88 88 44 88 84% * 97% 88 98% 84% 15 84% 96% 1057* __ - 106 114 73 52% 65 73 71% 68 65 68 amented 1962 AExternal sinking A 6s — — — *57 67 69 11 68 68 1 *68-1/2 "3 67 67 78% 631/2 76% 4 68 68 64 70 68 68 80 65% *68 76% 68 74 64% s Stamped f 6Vis of pursuant 1957—AprU-Ocf 1926 due Plan to reduced tc 3.375%)-1979 AExternal s Stamped reduced A7s f 6Vis of to 1927 Plan 3.375%) 1979 (Central Ry) reduced to pursuant to 3.375%) External dollar bonds of A 78 66 68 68 78 65 *68 54 2 55% 55% 1 .'51% 70 77 Vi 3 67% 98% 104 «A 97 97 104% 33'/2 331/2 8 33% 40% 100% 100'/4 100% 45 100'/4 102% 104 102% 104 27 102% 107% 100 «/2 100% 1001/2 16 100% 103 60 3J 36 ♦44 6«% f. e68% e68% 6 — (Plan B> — *34»/2 — 40% 47 28% June-Dec 3 June-Dec e68% June-Dec 68 % 44 % 36% 51% 34 28% 38 3«% 49 ♦44 28% 37% 36% 51 28% 36% 45% *44 — 51 *34'/2 *34 46% 28% 38% '/a *44 32 32 46% •44 8Vis series No. June-Dec 7 June-Dec 8 J»ne-n«»r 77 65% 37 Vi *44 39 46 % •34'/2 May-Nov May-Nov fund 6s 1963 assented 1963 For Financial FOREIGN 28% 37 Inatitutiona SECURITIES FIRM TRADING MARKETS qarl jvjarks 6 pa inc. FOREIGN SECURITIES 65% 77 70% 70% *69 65% 83% 70% 1 50 Broad St., 77 8 ♦68 ■ 5 3Vis series No. 8Vis series No. 65% 3 68% i 70% 79% 67% 80 50 28 34 34 . 68% 37'/a 44 '/2 32 SPECIALISTS — 2 60 35 36% 35'/2 18 , 81 68% April-Ocf 3Vis series No. 54 1 8Vis series No. 4 29 — — (Interest 1979 8Vis series No page 56% 77% June-Dec Plan A 56 — 56 % — June-Dec see — 1951 1 fAnMiotes 88 78 981/2 97 * (Interest 3%s series No. wor 56% * — June-Dec 1944 76 52% 56% April-Ocf (Interest April-Ocf funding bonds of 1931 due Stamped 1957 A 1952 pursuant to Plan reduced 3.5%) 1978 Stamped • % June-Dec due to pursuant 74 — (interest A 78 65 *68 ' AExternal 76% 70 71 71 68 75 67 *6) 69 78 77 64% *68 71 75 78 65% 79 -• 90 54 AO# 65 76 75% *68 Jan 1981—Jan-Jul) Ja»-Julj AExternal sinking fund 6s Sept 1981—Mar-Sept AOs assented Sept 1961 : Mar-Sepf AExternal sinking fund 6s 1962 April-Ocf 85 52% 77 64% *68 Feb-Aug Feb-Aug Peb 1961 78 63% 63 86 9 66 % 70 68 ARy external sinking fund 6s A6s assented Jan 1961 70 4 78 70 Jan-Julj Mar-Sepi . Aprtl-Ocf 79% 78 66 68 68 *68 (City) 8s 1954 Jan-Julj Oauca Val (Dept of) 30-yr 3s s f $ bds 1978_Jan-JuIy lAChlle (Republic) external s f 7s 1942 May-No. IA7s assented 1942 May-Not AExternal sinking fund 6s 1960 AprfJ-Oct AOs assented 1960 Aprll-Oct AOs assented 80 63% C8 Jfar-Sept Feb-Aug Feb 1961 High 671/2 91% 54 69% AOarlsbad AExternal sinking fund 6s Jan. 1 Low 116% 75 No. ♦08 30-yr 3s s f 8 bonds l978_Jan-J«(» of) 4s 1960 Aprll-Oef 2Vis 1974 25-year Range Since Sold *63 (Dominion 28-year 3Vis 1961 Bonds 108% 113% •111 — 87 4 88% — 54% 1 26 - 36 88% June-Dee 53 87 88% June-Dec 47 4 53% 54 % 96 _ Feb-Aug Jan-July 1978 — 53 46% 46% __ ' 101% 102% 97% Feb-aup June-Dec June-Dec June-Dec 1941 Plan to pursuant reduced ; 55 54 % 46% 1 ' 4-- 49 *46% 35 June-Dec Jan-July 20-year 3%s 1967 20-year 3 Vis 1966 15-year 3%s 1962 Belgium (Kingdom of) 6s 1955 External sinking fund 7s 1955 3 48 49 „ Jan-July 10-year 3 Vis 1957 (U 8 of) 48 1957-April-Ocf (City) external 5s 1958 (Commonwealth) 5s 1955 48 *46% 1957.April-Ocf ser 49 *46% April-Ocf 1978 10-year 3 Vis 1956. IA Brazil 49 49 76% 97% 461% 96 77% 93% *60 lAAntloqula (Dept) collateral 7s A 1945 Jan-July ! AExternal sinking fund 7s ser B 1945—Jan-July I AExternal sinking fund 7s ser C 1945 Jan-July f A External sinking fund 7s ser D 1945-Jan-July AExternal 75 71% *60 April-Oct Afar-Sept f ^Guaranteed sinking fund 6s 1947 Akershus (Dept of) Canada Agricultural Mortgage Bank (Colombia) — (City) High 75 *69 June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec. June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec June-Dec 8Vis series No. /«»e-Deo Friday's or Bid & Asked Low City 1980 Week's Range Last New York Stock Exchange Jan. 1 No. High BONDS Range Since Issue— Corporate Stock JULY Friday Bonds Friday's Low New FOR Week's Range Last Sale Price *96.16 ,*95.12 r Registered bond transaction. (2s due Sept. 15, 1950-52, Sept. 15, 1950 at par) RANGE Friday Interest • 99.^8 99.8 16 2s serials of '50 due Peb 15 1958 •Bid 12,000 100.28 2s serials of '50 due Feb 15 1956 103.16 ♦101 28 serials of '50 due Peb 15 1955 Jan 2s serials of '50 due Peb 15 1953 2s serials of '50 due Peb 15 1954 99.11 14,000 100.7 101.8 •100.6 *100.5 1 *■ Peb CLOSED .1951-1965 is Jan EXCHANGE 1959-1992 1959-1962 _ 2s ju*m+ury Treasury 101.18 101.8 STO^K ■■ Treasury Treasury Jen —-Jun . . —1956-1959 2 *8 ^Treasury 101.8 1954-1959 Telephone HAnover 2-0051 New York 4, N. Y. Teletype NY 1-971 23 26 The Commercial and Financial Chronicle (306) . . . Monday, July 24, 1950 NEW YORK BOND RECORD RANGE Interest BONDS Period New York Stock Exchange Last or Range Friday's Bid <& Asked Sale Price Low Chile (Republic) c.jctl 6%s A 1993—June-Dec bonds 2-3s Bank A6%8 assented Consol 1928 of A6s Aprii-Oct May-Not Feb-Aug June-Dec -May-Hov of 1926 due 1946 IASinking fund 7s of 1927 due 1947 Copenhagen (City) 5s 1952 25-year gold 4»/2s 1953 ACosta Rica May-Nou June-Dec (Republic of) 7s 1951— (Republic of) 4 Vis external 1977 Cuba Cundlnamarca (Dept Stamped (State) Salvador extl 4a 41% y2 *40 (Republic of) i dollar f 3s extl Greek *40 47% *40 part paid 48% 70 73 17 67 69 6 68 87 23 % 23% 19% 29% 1976 1 of) Free Italian State extl (Republic) Italian Credit Consortium 1% to 3% series J A 7s Italian 1960 5s l-3s Public for 23 Public 3% to 101 Va 80 82 33 79 Va 97% 71% 76 % 54 70 92 % Valle AWarsaw 82 76 % 45 55 73% 80 55% 53% 49% 11V* ' 8 6 % 8% 20 75 *64 6% 11% 30% J ' — . 101% 34% f s Jan-July 72 % 62 % 101% ■ 112 35 91 32% — — 23% 32% Jan-July 6'/2s bonds $ __ 1954 54 103 30% 48 28% 41% 59 62 49 49 2 , 29 Va 42% 58% 13 35% 36 141 • *7% June-Dec Jan-July 33% ' 54 June-Dec 1978—— 4-4%-4 %s 3%s Del A 4 A4y2s ANew ASmall Mexico (1942 #A5s of A 1899 54 6 % 24 46% 5Vi — 6% Quar-Jan *11% 1963--Jan-July agree't) Large *11% of 1904 (1922 A48 new IA 4s assented of __ 12% 11 -- 11% 9% 12% 9% 12% June-Dec (1942 agree't) (assented to 1968...Jan-July 1922 6% *9% 7% *7% 14% 8% assented 1910 ment) 1954 1 8% 37 5% . (1942 agree't) agreement) to Co 83 88 82% 66 __ 92 86 88 % "83% 92 % 93 81% 93 86% 95 80 *— 79% 80% 7s AND 1952 1967 INDUSTRIAL May-Wow April-Ocf Max-Sept 1966 June-Dec 2%s 1980 deductions 2%s Feb-Auy 1975 debentures ApriZ-Oct 1986 Jan-July 2%s convertible debentures 2%s debentures 1982 2%s debentures 1961 9j __ __ __ P Products Co Topeka First Coast General 99 100% 99% 60 101% 96% 51 106% 109% 444 106% 115% 25 98% 100% 96% 98% 100 95 97% 103 3 229 108% 121% 35 105% 10 June-Dec 120% 118 121% 505 115% 130% 100% 100% 100% 42 100 101% 3s Feb-Aug 1962__Apri/-Oct 103% 102% 103% 48 101% 104 % 104% 103% 1C4% 35 103% 105% 1995 Quar-Jan 80 % 7 76 Va 85 80 84 1966 Air 78% *80 80 % 101% 95 % Fe— May-Nov Line 3%s __ April-Oct 1995 1 first 99% 100% 93% 70 99% 100 88 106% April-Ocf mortgage Atlantic 95% 100% 81 1959 July Santa Cnarlotte 93 % 109 % 112% 1995 4s <U __ 3 104 % 89 79 101 90% 100% 93% 101% 102 "/a debenture 4s 5s & 100% 99 % April-Ocf Co gold W 93 % 104 % 74 *99% 100 106 1969 first 86 107 106% 1971 iuoaccu *75 104% 105 111% 1957 debentures debentures 60 104% __ 105% 105% June-Dec convertible Arbor 100 100 1973 American *104% June-Dec debentures debentures 7% COMPANIES *102 92% 109 June-Dec 10 5% 103 % __ ApriZ-Oct debentures 2%s 7 60 ■ 105% June-Dec 1987 convertible % 5% April-Oct 3%s debentures 3s 8 Feb-Aug —Feb-Aug 1st gtd 4s 1998 Mfg 2s debentures 1956 2%s debentures 1963 consol 127% __ 127 127% 120 120 *__ 105 126 131% 5 119% 121% 103 104% 102% 103% 31 102% 104% 102% 103 35 101% 108 100% 102% 72 Ry— May-Won __ 4s July unified 4%s A Refining Atlantic 2%s debentures Baltimore ~R% 1 ~9% First 7% 9% First 1964 1952—Mar-Sept June-Dec — 1966 Jan-July 8: .__ „ 102% — "101% 102% Ohio RR— mortgage 4s series A July 1975 April-Oct mortgage 5% series B (4*7 fiver) and __Jan-July ASmall 1% contingent interest) July l975_April-Oct Retunding and general mortgages'/* ia/< 1922 1933 139 % B 1963—Jan-July (assented 134% __ 150 TV* — 1913 9 97 *121 Jan-July Western 81 _ ASmall JATreasury 6s of 14 5% 90 10 10 Jan-July ASmall 1984 agree¬ 1945 A4s new assented 14 % 150 "134% Feb-Aug Corp 3%s s f debs 1964—May-Wou Foreign Power deb 5s 2030___Mar-Sept American Telephone & Telegraph Co— to due agreement) 10 15 *11% ASmall 1973 first Stamped 4s July —T (1942 14% 7 "150 Bosch Atlanta A5s new assented 73 7% 10 6 May-Nov 81 A 1945—Quar-Jan agreem't) 7 90 % May-Nov mortgage 3%s 1972_Jan-July Susquehanna RR 4%s 1975 April-Ocf General (1922 7% 1 6 18 % 1978—June-Dec readjustment Southern American Ann ASmall A4s Electric American 40% Large A 1979 1958 Airlines Atchison assented 7% May-Nov Valley (Dept of) (City) external 7s 1958 Allis-Chalmers 54 35 ASmall A 7% — 1979 3%s 1968..Jan-July May-Nov conversion readjustment assented Albany 81 Alleghany 16% Large IA 5s external Power 71 — 1945 7% Cauca %5 3s due 7% June-Dec 1937) readjustment Great 1943—May-Wou ag.reem't) 85 66 Cauca AAdriatlc 62 7% 36 '6% 1962 1964 6s conversion Alabama 1968 (Republic of ) 73 Va 82 — 66% June-Dec external Alabama 1943 assented 85 Va — 1958 3%s (1922 agreement) small 80 — 80 April-Ocf RAILROAD Irrigation— |A4%s assented Jan-July 1958 7s (dollar bond of external 2%s Mexican 73% 67 — 67% May-Nov external external slnKfhg fund 37/«-4V«-4fts American 28% 1957.—Apri/-Oct 7s 1968; 11% 8 Jan-July 83 67% 55 13 tt -<•- 8% 1952 (Colombia) 30-yoar 3s of) 3%-4-4%s 64 77"% 63% 6% 1977 Altaly (Kingdom of) 7s 1951 AJugoslavia (State Mtge Bank) AMedellln B assented 85% 40% Utility— 7s A4V2s 19 Mar-Sept 1% 87 — 66% Sydney County Council 3%s 1957 Jan-July IA Uruguay (Republic) external 8s 1946—Feb-Auy AExternal sinking fund 6s I960— May-Hov 87 % 114 33% 1 7% i loan secured 85% 109 Works 1947 Credit Institute 81 (Prov 50 *75 1.960—-May-Won Jan-July 77 Mar-Sept series 50 "55% 1977 68 1 70 90 2004—Jan-July A7s 12 Feb-Au'j April-Oct 1977 B AExternal 6%s fund f s 65 A 2.25%) to 1962 13 May-Nov sink extl dollar 1956 Plan to (Kingdom) 35% Jan-July 1964___ part paid 1968 Helslngfors (City) external loan Slovenes 35 Jan-July 1967 7s 75% 56 Jan-July external 111% 112-78 111% Jan-July 1976 1 69 57 70 Jan-July 1999_2. secured ASilesia 90 68 73 Jan-July 1976.. 1 A6s Irish Croats See Jan bonds Jan 72 57 (interest A8s 53 48% _ _ — Government— A7s 8erbs — bonds dollar (Republic 48% 1 High ■ tf AEstonla 49% A pursuant to Plan A (Interest reduced to 2%) 2012 External April-Oct Jan-June Feb-Aug April-Get 6s 1942 f dollar bonds Jan s 40% 37 % __ Low Stamped to 1960 4%s 1962_ s 87 47% 44 57 Jan-July reduced external Jan. No. A 1999 Plan to pursuant External reduced (interest to 5Vis 1955 s 87 ■> Plan to 2.5%) to water (Interest — assented 3%s extl 78% Stamped Range Since Sold High "67 May-Won pursuant 2.5% ) to external 7 1 reduced A7s 38 79% 83 Bonds (interest 1950 pursuant AExternal lADfcnmark 20-year external El 37% 4% — Friday's — reduced external 1957—May-Nov A 2012 stamped Stamped of)— extended External gold External gold A8s Pian to 2%) (State of) 1936 (interest 51 28% _ or Bid Si Asked , 10 m* 4% 84 ' 6% ) mi 83 30-year 3s sinking fund $ bonds 1978--—Jan-July Czechoslovakia 50 39 —— *65 44 1961 fund 7s Paulo 8s A6s fund dollar bonds 1970—.ApriZ-Oct 3» ext sinking 38 28% 4% 83 lAColombia Mortgage Bank 6VaS 1947 5 A Sinking *34% Aprll-Ocf Jan-July Jan San to fund sinking pursuant reduced — 1961 Oct 1927 *44 secured Stamped 35 36% extl —o v2o 49% 28% *34 % June-Dec 1951 5s 48 28% „••• Mar-Sept I960 38% 37% 39 *34% Sale Price continued— (City) ' *44 Last Period Low 50% 37% 2 ' — Week's Range Interest Exchange High 26% 1 48 35 Mar-6'ept Municipal 7s 1960 (Repubuc ol) A6s of 48 May-Hov (Hukuang Ry) Colombia New York Stock 28% May-Hov 1962 1962 assented Chinese 21 BONDS 1 40 ».*» 35 ApriZ-Oct fund 6s 97 34% *44 June-Dec fund 6s 1961 1961 assented A7s a . Low *34% April-Oct 1961 AGuaranteed sinking AChtlean Jan No. *44 June-Dec 6%s assented assented JLLY Range Since Sold High June-Dec Sinking lund 6%s A6s 31% 34 '/2 June-Dec 1957 1957 AGuaranteeu sinking A6s ENDED San Paulo doilar AChile Mortgage WEEK Friday Bonds cont lund sinK FOR Week's Friday fixed ■„ and 3% contingent 90 86 90 57 82 94 93 89 93 78 84% 98 interest) — agree't) 13 1963—Jan-Jz/Zi/ A Milan (City of) 6%s 1952- Minas Geraes (State) — ASecured etl sinking fund 6%s 8tamped pursuant reduced Plan 2.125%) to to to fund ANat loan extl f loan extl 6s f s 6s A4y2s assented AExternal 1961 1st 2nd — de Janeiro 6%s pursuant reduced to to 92 93 5 92 90 5 89% * 91% Stamped 94% reduced Afls to external Stamped reduced A7 a 2.5%) to external Stamped 2%) loan 100 94% 91 100 94 % ARome (City of) Paulo Stamped reduced For 6%s (City) 8s to footnotes — 24% 1950—Jan-July 8s *6% 10% *5% to 8s Plan 7 1 : — 8% 15% 5% 9 6% 10 6 9% Maine Plan Inv-.h^r A April-Oct "33% 38 55% A 81 74% 81 32 72 82 88 87% 88% 20 82 93 3s 119 88 Va 19 82 100 100% 119% 15 119 122 % *99 % l961_May-Nov Jan -July J 1976 May-Won K 1979 Jan-July series series 100% 99% 99 — 104 102 3 100 % 102 11 104 AC 5s 1967 *75 103% 105% April-Oct mortgage 4s series RR 1960 Jan-July mortgage 4%s series A July 1970—May-Won 75 76 102 87 5s tErnesto) Union II series Co 7s Gas 4s mortgage mortgage Rochester 1961 1954 2%s & Co Consolidated Terminal yB 1976— 77% 83 102% 77% 74 70% 74 32 69 % 78 51 45% 51 46 44 56% 104 104 1 104 105% 105 105 1 102 105 Va 102 100% 102 21 100% 102 102 100% 102 30 100% 103% ; April-Oct 1969-~Mar-Sepf Jan-July 102 — 105 j 59 59 Jan-July mtge 2%s Pittsburgh 4%s first 1975_Map-Nov Ry— 1957 4s ..May-Nov 1952 69 % 5s gtd 1960 April-Oct 185 69 Va 61 101 % . 63 "a 102% 100 98 6 S3 106 106 1 106 106% ) 03 — 98 105 104 Jan-Juiy Buildings 65% *101% 101% April-Oct 1955- 5s 2 — Feb-Aug 1968 debentures Eiec first modified Terminal Mar-Sept 1955 1930 3s Niagara Stamped 99% 100% 101% 101 % -- 102 Genera] 93 24 100% 100% *__ Brooklyn Bush 87 *100% 119% May-Won ABreda 1st 83 April-Oct April-Oct 104 • 31% 37% 61% C •37 48 38% 46% 431/4 June-Dec 50% Southern Power consol National Guaranteed Guaranteed 3s lirst 3%s gtd 1974 1976 — June-Dec ~2 104 105 100% 102% 41 100 104% 112% 111% 112% 12 110 109 May-Wou April-Oct 102% Jan-July 5s A 1962 Ry— gold 4%s 1957 gold 4%s 1955 4%s 1956 June-Dec gold Guaranteed gold Mar-Sept 102% 102% 102% Jan-July 100% 97% 101% 35 38% 55 % May-Won 30% 48% 55% Canadian 33% 42% 4% >34 A Pacific conv 4s June-Dec Avnl-Oct "34 $2% 51% 41 34 41% 52 % 51% 61% -May-Hov (interest Mav-Wo? Feb-AUg 109% 1C9% 110 111% 116 Va 109% 114% 109 114 6 102% 105 144 97 % 1 12 Capital Airlines, Inc— (interest Plan Oregon Canada Power Guaranteed (interest 1966 Electric Canadian __April-Ocf 1968 California California 2004 A 41% 50 (interest June-Dec to 33 April-Oct A A "31% 33% 42% — "43 Feb-Anp 1952 2001 32 54 Feb-Aug due Plan 39 % 48 June-Dec to 40% 1985_Jan-July (interest __ Plan 371/4 105 (interest 1946 Plan "30 Apr:l-OcZ A 1953- Plan 39 77 75 % 1970 Brlstoi-Myers Co 3s debentures Bush 2006_! 1946 "32 Jan-July A 86 % 70% RR— Buffalo A 2001 to 2001 Plan 29 7 14 5% 82% 75% 1951 debs mortgage 4%s series JJ 8% 86 V* A I mortgage *12 70 - mortgage series Buffalo Plai\ & AInc gold mortgage 2%s - series First First 5% Loan Corp— First 8% *5 Steel 29% 29% ApriZ-Oct —_Mav Jan-July 38 8% 1947—Apri!-Oc* 71 63% — 1960 C 31 __ 55 55 ■:L 4% Jan-July D 3%s series 22% 22 Va 7s Industrial Consol 20 *6'/a 297 May-Won ; first 5s 2%s Consol 47 26 % Apri'-Ocf April-Oct Pa mortgage 105 44 25% — 215 1980_Jan-July ser 1951 ~3 36 26 4s 2%s Boston *30 of mortgage 26% 2.25% > page — 263 79 Virginia— series 4s 1951 Extension Consol 1961 2.375%) see Bethlehem 96% 103 102% 106 — % series 1952 pursuant 88 M refunding Telephone First 1926 to to 103 100 71 69% division ref stamped Creek Bell 29% to 2.25%) 2004 stamped pursuant (Interest reduced 4s Beech 22 2012 pursuant 9 87 and Consolidated 50 reduced 1967 99% lien 100 95 w»si s Bangor & Aroostook RR— 99 az 98 — & 2010 '. 65% % _June-Dec . Fe) div first mortgage 5% fixed & 1%% conting int) Cincinnati First 26 % 1999 to of Toledo 25 sinking fund gold pursuant 99% 100 Erie nteresti 1991 1 income (2% P%> contingen Dec Like 1995__ mortgage convertible (3%% 26% 1921 to pursuant ,*» — 101 Mar-Sept 2012— (State of)— |A8s external loan of 75% 89% 2%) Wo Grande do Sul 89% 64 % due J 1 Refunding 4s series A 1980 100 April-Oct (City of) secured Stamped 81 37 Dec general and 3%% Pittsburgh 49 32 due and I960—..June-Dec 2.25%) stamped pursuant to reduced to 2.375%) AExternal 55% 102% Mar-Sept 2.375%) to 79% 4w% Ref series pursuant interest reduced 9 A Rio 65 % 1,031 49 -- 35% _jan-July fund to 151 55% (interest 1959 1963 stamped 79% 51 38% 92 Mar-Sept 1968— reduced 1966 74% 55 33 96% 1967—Mar-Sept 2008 (City on¬ stamped pursuant (Interest T%8 ASao 35% Alegre to 79% 61% 47 11 May-Nov 1958 sinking A4%s assented Porto 6,4% 43 June-Dec lAStabilizetion loan sink fund assented 64 69 % 93 Feb-Aug ApriZ-Oct 1994 (Republic of) gold 6s 1940 A4 y2s 6 ) % Mar-Sept Beneficial to external 7s s Mar-Sept iPOe 92% 1963 ref 3 »/2s series B (Republic of) 2000 i 99% 102% Aprii-Oct reduced to 2.125%) IA Poland — *31 1970—June-Dec lAPernambuco (State of) 7s 1947 Stamped pursuant to Plan A ANat *31 ___April-Cct Panama APeru 1 March May-Won 5s External secured March due B'western sinking fund 4V2s 1955 (Republic) — AStamped assented 5s 8tamped mod 3'/4S ext 70% due M Mar-Sept sinking fund 4V'4S 1965 sinking fund external loan 1963 3%s sinking fund external 1957 sink June-Dec K Series Mar-Sept 4s (City) G Series (interest External Municipal Bank extl Series A4%s 1959—Mar-Sept A to 2.125%) 2008-Netherlands (Kingdom) 3%s 1957 Norway (Kingdom of) 4y2s 1956 Oalo 13% 13% (interest Mar-Sent Plan 2 47 12 Mar-Sept 2008 pursuant reduced 4 fixed 1958 A ASecured extl sinking fund 6V2s Stamped 21 13 47 ApriZ-Oct. ___ 13 13 assented (1942 new ASmall 11% Series A6s debs 4s conv Carolina First 57 68 Celanese series inc & stock debs series & Mar-Sept" B Oho Adirondack 3s (perpetual) 1960 A mortgage Corp 1951 Ry— debenture Clinchfield Carthage 63 4%s 1960 4s Mar-Sept 1965 Mar-Sept 82% 94 — 83 4 87 94 55 105% 105% 9 106% 74 85% 83 106% 105 % 108 Ry— guaranteed 4s debentures 1965 1981 June-Dec April-Oct 61 103 % 61 61 103 % 103% 1 58 14 103 64 104% Volume 172 Number 4927 The Commercial and Financial Chronicle ... (307) NEW YORK BOND RECORD RANGE Friday BONDS Interest New York Stock Exchange Last Period 3'As Corp 3V4S debentures debentures S ^Central Central 01 First (1947 U Branch P Bid & Asked issue) first Feb-Aug Feb-Aup 1960___ series gold 4s New York Stock Exchange Low 101% Gen mortgage 4'As series A Jan 1 2020 * 1013 4 1 mortgage 4%s series B Jan 1 2020 Mav 83 2 83 Jan-July mortgage 3'As 1987 Now York Power 3s 1974 Central Central Pacific 70 105 62 70 64 67% 39 52% *64 69'A 52'A 48 52'A 251 45% 41% 46 660 40 V8 46% 103% 104 40 103% 105'% — — and First mortgage refund 3'As series 3%s series Champion Paper & Fibre Chesapeake & Ohio Ry— General —April-Oct — Ry Co— First goid 4'As A B 1974_; 3s 101'A 101% Feb-Aug 1965 — Jan-July & div A first York consol gold gold 4s 4s 126'A 124 V4 104 101 Va 104% 102% 103% 67 124 126% 100 Va 101% 26 100 First 83 '/a 83'A 83% 19 81 86% 58',4 60 Va 25 56 VB 65 2042—A/ay-Nov Delaware Power & Light 3s 1973 April-Ocf First mortgage and coll trust 3Vis 1977_June-Dec First mortgage and coll trust 2%s 1979_Jan-July 69'/2 651% 69 'A 68 63% 69% 105 »/4 105 V4 2 105'A 107 VB 105 105 22 100 104'A 104 Va 30 103% 106'A 114 120 '/4 112 114 114 2 — — . Mar-Sept. 110 and refunding 4!/2s series B 1977—Feb-Aug refunding mortgage 3 Vis 1985—Feb-Aug First and refunding mortgage 2%s 1970—Feb-Ana 1st ref & mtge 1990 3s & Collateral 108 V 1 Feb-Aug 4-6s trust 1 May fixed 1% contingent interest) 1993 AIncome mortgage series A (4 72 % contingent & Salt *99% 100% — 96'A 97 76'A 70'A 76'A 90 90 95% 97% 65 5 143 77'/a Lake— Income mortgage (3% fixed contingent interest) 17c Detroit Edison General series H 3s and Mack first gold lien Detroit Tol & Ironton RR 2%s ser Dow 101% Duquesne 1st 100% Light debentures 2%s Co mortgage 4Vas Tunnel & 2.35s 2%s 112'A June-Dec 104 *69% 105 120% 69% 68 67 Vs 106% 96% 92% 10 99% 100 67% 102% *5 93'A 93'A 101% 110 188 99% 15 101% 102 28 99% Feb-Aup April-Ocf 1979 103% 70 105 May-ZVou 1977— 93% 108 »/4 100% 75 *67'A 1976-Mar-Sept B 87% 104'A 101 110'A 112'A May-Nov 1961 1961—, 5 61 ■43 *101 Mcr-Sept. 1995—June-Dec June-Dec gold 4s 110% Chemical 100% 101 1982_May-Sepf I 1995 4s Terminal 104% 105'A 105'.4 June-Dec series Gen & ref mtge 2%s ser J 1985 3s convertible debentures 1958 & 90 Jan-July 1993 1970 2%s refund 112% 100% 96'A April Detroit 99 100 '/a II *103% Jan-July 2018 interest) 108 '/4 102 105 V'4 (3 7c series A 110 17 108'/a 100 C 1993 100 P 110 4 '100 series 5s M division Denver & Rio Grande Western RR— ASecond and First High 6 JVa 103'A 101 4 104 114 Jan-July 1958 Low May refund and Essex Chicago Burlington & Quincy RR— 4s Jan. 1 NO. Div Western & Lackawanna mortgage due Detroit General Range Since Sold l973_May-Nov First 133% 4 r 103'A 100 > 101'/« 104 '/a 1989—Jan-July 1989 High Bonds RR Co— Western & Morris Denver 1992 consolidated 103 101 % 7 101% 101'A — — Mar-Sept Refund and impt M 3'As series D 1996—May-No® Refund and impt M 3V2s series E 1996 Feb-Aup Refund and impt M 37/as series H 1973—June-Dec Second Lackawanna First mortgage ,_Feb-Aup 1968— deb Delaware S4 65'A RQ Co of N J— General Friday's Bid & Asked Low New -- 83 — 63% May Gen or Sale Price High 100% No. High Period Ranjge Week's Last Interest BONDS 1 . AIncome A R Jan *102 Jan-July A Central 21 ' 1948—June-Dec 1995 A JULY ENDED Range Since Sold Ry— Georgia mortgage 1960 WEEK Friday Bonds Friday's or le Price Low Celotex FOR Week's Range 101 104 101 99% — 101 110% *99% 100 111 Chicago & Eastern 111 KK— A General First mortgage Chicago & Chicago inc mortgage Gi Erie 3J/4s 5s first 1997- April B acnto gold 1st West 5s conv 1988—Jan-July 68 '/2 ^ut-nerul inc rntge 4'As Jan 1 2038 April Chicago Indianapolis & Louisville Ry— A 1st mortgage 4s inc series A Jan 1983— April 81% A2nd mortgage 4%s inc A ter Chicago Indiana & Southern Jan 4s 2003 74 36 145 68 13 126% 2 8I 88 Mi 34 81 "a 81% 4 51% 7* 12 Z'/a 86 93 East Tenn 73V'4 84 % Edison El 111 Va El Paso 62'/4 53 'A 62 '/2 54 51 V'4 62'/2 54 48 % 54 % 111 40'A 54 Vb 5s 90% 96 'A 17 89 96'/4 Erie Jan-July First m Iwaukee St Paul Pacific & Railroad Ce.tra 4 Vis la— A 4'As inc increased North & A ser series B 100 3 —Jan-July Jan Jan 1 99% 104% 75 Aprn 69% 75 73 61 '/a 75 65 2019—April 2044 10 100% 4 60 65 233 52 'A 65 Western Ry— mortgage conv inc 4 Vis Jan Second First series m^.tjage conv Chicago 4$ mortgage series 3s B 1 60% 1999—April 1989 Jan-July 60'/a 56 50'A *109Vb -- 105% 110% — -- — — Co— 2015 mtge inc 4,/2s ser A Jan COlibOl illuA J*/4a Igago ot'iiCo Ij April uui.ati.- 76 First consol *98'/b un 18 87% 98% 98'A 99 *100 98% 87% 80 11 83 80 *97 97% 81 __ 82'A 76% 63 165 — 82 series F 1990 Jan-July First consol mtge 3%s series G 2000——Jan-July First consol mortgage 2s series H l953_Mar-Sept Ohio Division first mortgage 3'As l97l_Mar-Sepf 3%s tntge 76'/a 71 105% 100 — 100 60'A 87 938 *89 — __ *110 " mortgage 152 104'A 106'A 105 % ApriZ-Oct 1965 5s stamped 1965 First RR— first 150'A 8 150'A 150'A * Mar-Sept 3'As 1970 110% *109 150'A April-Oct Southwestern & General CM"neo Georgia div first 5s l956_May-Noo first cons gold 5s 1995_Jan-July & (N Y) Elgin Joliet & Eastern Ry April 1956 51V'a 127 Vs 127% Map-Nut A series 47% 73 74 May 1982 4s 51'A 91 Chicago Rock Island & Pacific RR— 1st mtge 27ss A ser Chicago St L & New 1980 99 5« Jan-July Orleans 5s 1951 June-Dec Income 2%-4'As Chicago Union 1994 3'/as series F 1963 Jan-July mortgage 2%s series G 1963 4s Western and Cincinnati Indiana refunding Gas 4"As Elec & 1st series gtd 3%s series E First mortgage 2%s series G 1974 C I mtge Financial 1978— Ice City Investing Co Cleveland 2%s Corp City & 2%s Fuel gold General 4s Chic St & Louis 1993 Mich & 3 Vis Cleveland Short Cleveland Union Div 1st — 3s guaranteed Line nrat Terminals First mortgage 4Vis (stamped 3Vis Gas Ry Iron 3s debentures & South Toledo First 3s 2%s<s collateral trust 6s v . 100 Va —— 96 83% — 83 27 64% 75 Goodrich (B 102 ,97% 91% 83 Conn River 5%s 5s First Edison 3Vis 71% Greyhound 64 G ilf 57 80 87 Corp Mobile 83 VB 2 23 105'A 107% General 18 106 107% 103 104% 104% 7 104% 107% 127 VB 127'/B 1 125 VB 129 Jan-July Jan-Ju.y Jan-July 118 >4 118'A 3 118 125 1976 D 1990 3%s series N debentures 3s L 100 99'A — 100 100% N ] 4s trust series 5s mortgage 107%" 106% 108% 3s 2 106 107% 1st mortgage 105'A 105% 105'A 6 105% 75 15 75 15 __ 72% *101% — 104 3 — 104% 62'A 100% — '969 2%s 3:,/4s A 3 104% 106% 105% 105% 105% 106'A 2%s 105% Gas M mtge 2%s 2:i/4s 4 104% 107 104% 104'/a 2 103% 105'A 105% 106 104 % *99% 100'/a — Jan-July 1961—Feb-Aug 1982_Mar-Sept B ser 1977_Apn'Z-Oct C ser 1972 6 1st ref M 2%s 1st 1st ref M ser 27/'bS May -Nov ser 100 100% 100% — 101% „ 102% 3 102% 105 Va 1 102 102% 102 % 101% 100 3 101% B 41 99% 98 102% 98 Vb 98% 101% : 104% 101% 2 100% 103'A 104% 104 3A 29 104 'A 106 Vb 2 10S% 106% 5 100 Va Hocking Valley Power (Bait) first — 113 117% *103 109% 110 723 Hudson & April-Oct —— 27/8s 1975 debentures 104 3 140 110 Vs 1965 Mar-Sept Jan-July 11103 — 104% 105 1!103% 106% Ti 103 'A 45 106% 11108% 20 110% 4 ' — 104% H104 5 — 104% 109 'A May-Nov --April-Oct 1968— *104% *104 April-Oct mtge Northern IA Cuba § A Deposit ACuba RR §A6s 1st mtge first 124 ' ' 103% — 3V8s 1966 May-Nov 5'As 1942 receipts first SADeposit 5A 7'As Ry 5s 103 103% *102% 103 gold 1952 97 % June-Dec June-Dec *45 31 'A Jan-July receipts series A series Jan-July deposit deceipts 1946 receipts 1946 B deposit Illinois 103 104 77 102% 106 — 102% 103% June-Dec 31 97% 8 31'A 16 82% 25% 33 June-Dec 82'A 1 24 % 25% 29 32>4 *32 23 13 92'A 97% 47% 47 50% 31 35 81 89 23% 33% 30% 35'A 33 Vs 35 35 V« First mortgage Dayton Union Ry Deere & Delaware Co & 2%s first mtge 3s mortgage 3 23/4s 1978— series A debentures -fp 4s 101% Jan-July 1978 1963 *106 95 107,« 11 85 ll'/a 94'A 97 % 67 4 *67 67 7'/a 11'A 102 103 104 103'/a 106 105 105 3 78 83 83 18 74 1 100 97 61 72'/a 99 100'A 100 'A 100'/a 66'A 72 'A 72'A *93 '•■103% 997/8 83 100% 104 105 102 __ *98% 102 119 123 _Jan-July *99 100'/a ser A 1962. .June-Dec —Feb-Aug 89% 41 119 99% 8 90 88% 100% 128'A 101 % first 5s 1957 A 93 .April-Oct 66'A 64 3 4 66% 130 63 70 35'A 33'/a 36 137 27 42 First 1981-Jan-Juiy June-Dec ♦„ 1979_—May-Nov 1979—May-ZVou G' 1974—May-Nov -.-Jan-July mortgage 5%-3%s series B First mortgage gold First 3'/2s first gold Collateral Refunding Purchased Collateral Debenture series 3%s 1951— 4s gold Extended 1951- gold 3'As — 1951 sterling 3s truet 1951— .gold 4s 1952 1955 4s lines 3'/2s 5s 1966 gold 4s 1950 first gold 3s 1951 Louisville Div & Term gold 3'/as 1953 Omaha Div Division first gold 1951 3s St Louis Div and Term gold 3s 1951 Gold 3Vis 1951 Springfield Division first gold 3'As Western Lines first gold 4s 1951 and Chicago St tefund 5s series A 1 100% 101 100% 100% 100% 5 100% 101 2 102'/a 7 103% *35 102'a 102'/a 104 1 101 93 First refund .mortgage refunding 93'A Terminal 4s series D Indianapolis Union Ry Co— Refunding and imp 2'As series C 1986—June-Dec {International Great Northern RR— AFirst 6s series A 1952 Jan-July 104% 99% series C Hydro-Elec 5s 96% 100% 102'A 102% 102 'A 100'A 100'A 100'/a 101% 100 Va 100% 101 *101 101 101% *100% 1007/» 100% 100% IOIV2 100% 102% *101'A 102'/2 100% 101% 102% 106 104 103 104 111 101% 101 99 101 76 98'A 93'A 93 93% 9 97% 97% 98% 7 *93 100'A — 60 Vb — 99% 93 Vs 96 92 80 32% 43% 81 26 75 86 75 86 60% 62% 78 ol 21 61 141 €0% 97% 40 78'A *97 Va 101% 96 81% 88 37 - 92'/a 82 84 % 88 81 gold 108 100'A * 81 1956 88 ioiy« * 40 B 106% 101% 100'/a Jan-July series 76 106 105% *100'/b 101 1952.—April-Oct 5s 52 93'/a 90'A 103% 104 102% *101 1951-Jan-July L & N O— 1963 June-Dec 101 90 107% 107% 107% 102 96 99% . 100 — 103% 103 I —-r 90 Vb 101 104'A 104% 104'A 104 1963_June-Dec 1963_June-Dec Ry 4s series A 1970 Jan-July and Illinois 100% 100 y 6 4'As series C First 101% 1 100 ii 102 Feb-Aup 105 100% 100% 100 ig 102 Feb-Aug June-Dec Jan-July Jan-July Feb-Aug Jan-July Jan-July 105 108 102 100% Feb-Aug Registered Joint first 104 103 3 8 Jan-July gold 4s 1953— 1955 4%s Jan-July ApriZ-Oct Mar-Sept ApriZ-Oct May -Nov * May-jVo» May-ZVou 1952 trust Brides Litchfield 103'A 106% 108 '104 mortgage 4%-3%s ser A Consol Consol 106'A 101'A 106% 18 101'A 102'/8 102 Vb RR— ~ •101% 102'A 93 99'/a 99'A _Jan-July 1970 II June-Dec April-Oct May-Nov 20 ** -June-Dec 1965 extended neirc 101 1975_April-Oct 3'As series B 1965 Hudson 87 V* 95 1956 Jan-July 5 A International deb 6s 1944_ ApriZ-Oct Inter Rys Central America 1st 5s B 1972—Map-Nov D First 79 1999 Telephone Illinois Central AFirst Lt 13 4'As 23As series A mortgage 3s series B 1978 Bell AFirst Power & 81'/a first Ry AAdJustments 6s series A July Dayton 73 1976_. .Mar-Sept income 5s Feb 1957 Illinois Central Crucible Steel Co of Am 96 81'A 2%s Manhattan AAdjusted Cairo L_Jan-July 23/4s 11109% — 104 VB 104'A Jan-July — Baking" 3s 117 — 1981 1962. Power 90% mtge Finance Refunding April-Oct 1976 U 105% 105% City— 1981 Natural Gas Continental June-Dec 1976 T 21 I 102% 102'A 102 % 1979_Jan-July 1954 & R ser debs conv Consolidated Consumers Q 2%s ref M 2'As Lt 91'/a first Water '• *100 June-Dec 1972 1963 Bait 4%s El 90% H First A 3s series E mtge ser 23As 102% 91 May-Nov 107% 104% 106 % 106% — April-Ocf ser mtge debentures ref 95'A 107% 16 ' : ... ' 1st 15 103% 107% ' 105 York— New refund Consolidated 96 June-Dec 1979 78 101 % 103% a *104 -April-Oct 3'As 1965 of 102 96 106% June-Dec 1951 refunding 3s series D Co 96 Ap, ..-vjot Jan-July 1976 1st mtge 1978 3s debentures 107 Feb-Aug 1999 refund Gas 23 Jan-July 1968 3%s Gulf States Utilities 2%s 197% 1955-Feb-Aup 1978 and mortgage 97 April-Ocf 1959 series B 1975 Jan-July A July 2015 April refunding 3%s series D I960—April-Ocf mtge inc 4s series B Jan 2044 April inc 103'% April-Oct fund mtge refund 89 Ohio RR— & mtge Collateral / 96 Va First and refunding 4s 107% Feb-Aup 970—May-Sept 1977 and convertible 11874 First and 99'A 92% 88 y8 101% series O 2000 P 1982 Jan-July General mortgage 25/8s series Q J010 Jan-July General mortgage 2'As series R 1961—Jan-July A Green Bay & West debenture ctls A Feb ADebenture certificates B Feb 100% *87 24 mortgage 2%s series 59% 1 and General 68 104 101% 101'/a mortgage 3Vbs 107 1964—April-Oci external First Consolidated 102% Jan-July General April-Qcx 1999 of refund and 71 60 — 4 Jan-July General 106'A 106'A *—. Mar-Sept First 3s — 103'A 104 l96<"%Afay-Nov 1952 Corp 2%s Hudson Coal first sink fund 5s First First 103 59 2%s mtge B 4%s series mortgage Household Elec Cigar Corp and 104% 101% 252 Mar-Sept 1973 C General 98% 8 series series General Hackensack debentures sink Pwr Consolidated 70'/a Ry Co— General 4 64 first Co Fi Great Northern 114 71% *99% 100'A May-Nov 4s Ry & Lt 1st and ref 4Vis Consolidated 67'A 1969 debentures income Consol Conn 102% 2 102 % 102'/a 70 '/2 Realty & Utilities Corp— conv Apru-uci 1980 series 3s A4s April-Oct 1977 trust series 3s fund •. 91 Co— debentures f 1974—Mar-Sept Mar-Sept 1956—May-Nor A deposit 15 102% 102'A 102 % June-Dec G General First 1972 1974— first mortgage sinking May-Nov 1961 1959 refunding 5s series Sugar 106'A 106% — —ApriZ-Oct Ohio Edison mortgage 103'A 100 83 Vb — 1974 August & Commonwealth 101 % 58'A 64 106% Feb-Aup 1973 debentures March Columbus 100 % Inc— 3s First 4'As - coll System Columbus 23 Corp— and debentures 110'/a 1001A 100'A '. 71% isor 1973 series C modified) & mortgage Columbia — 110 VB Co— series B Southern Jan-July 1950 5s Fuel ~ 1 .101 79 83 1990_May-Nov 1970 4-/20 gtu 5 Vis series A 4Vis Francisco General mortgage First — — 104'A RR— mortgage Colorado 101% *89 — —June-Dec First & 20 *97 — June-Dec 1982 P'irst Colorado 106 *100 1977—Jan-JuZp 4s 1991-Jan-July coll trust 4s first Pittsburgh D 101% Ry— •. Illuminating 3s mortgage Series 21 101 ' —— June-Dec B Division & 104 debs 3s first 104 3 ' -June-Dec 1993 Electric Cleveland Rubber & Coast 106% 102 100% 16 102% 110% 110% June-Dec 1961 Wab First 103 103% •102'A — ' Feb-Aup 1966 Cincinnati Louis 3 103 101% 101% and impt 4'As series E St and 80 103'A 103% 1 April-Oct Refunding Cleveland Tire East AFirst General 1959 debentures 4s series 5s 72 102 1 Jan-July debentures Cincinnati General 36 76 Terminal— Union mortgage T 87 76'A 103 % 1969—Feb-Aug mortgage 2%s First 72% 7 75% 103 103 1975-April-Oct First {Florida 1031/4 73 — 1952_Jan-July 1962_Mar-SepZ D 23/4s Cincinnati Firestone 103% 102 VB ACertificates of 76 'A Jan-July conv First 100 102'/B Station— mortgage First & 98'/a 2 103 *102 — Jan-July First Chicago 10 — 99% 102'/b 102'% __ Memphis Division 1st gold 4s 1951 June-Dec Chicago Terre Haute & Southeastern Ry— First and refunding mtge 23A-4»/4s 1994_Jan-July 63 J 1959-June-Dec 27/8s 1976—Mar-Sept Jamestown Franklin & Clear first 4s Jersey Central Power & Light 75% 73% 101 75% 20 1013A 8 70 100% 76% 103% 27 > 28 (308) The Commercial and Financial Chronicle . . . Monday, July 24, 1950' NEW YORK BOND RECORD RANGE Friday latere* t BONDS New York Stock Exchange Period FOR WEEK ENDED JULY Week's Range La»t or Sal* Pries Friday's High Jan- 1 No. Low - Kentucky & Stamped Plain Indiana Terminal 4%s 1961 4Vis unguaranteed 1961 Kings County Elec Lt & Power 6s Koppers Co first mortgage 3s 1964 tAKreuger A Toll 5s certificates 1997 103% 103% 102% 103% •115 114% 101 101 1 rr**. A 1098 441 55 62% 67% 62 V* 67% 462 58% 67% . 73% 69% 73% 282 64% 73% t 79 71% 79 70 84% 70 70% 10 70 78 % 55 % 58 % 39 52% 61 series 4» 1997 mortgage 3Via 3%s Lake registered Shore 3%s Jan-July —Jan-/*ly 1997 collateral registered gold 3 Vis 1998 Feb-Aug 100 97 Aprl1-Oct 176 "2 % % 176 105% 1 % % 2 N Y Connecting RR 2%a series A gold Y N 3%s registered Lautaro Nitrate A First Lehigh Coal & Dock Conl 1975 1st & ref 5s 1st & ref 5s 1st & ref first stamped 1974 1964 Term Valley First 1984 extended consolidated Series A Series B to C 5s Series D 4s fixed interest fixed Roy-No< Ray-No* Interest 2003 interest Lehigh Miami ALombard Lorillard 3s general Electric (Pi Co & gold 4a Louis HI 91 97% 8 94 97% 81% "3 73% 75 10 72 2 56 V2 1969 A A 1952 5s 81% 85% 73% 80% 67 72 Div 11 56% 199 b0''/4 17 62% 66% 44 % 373 335/e 44% 47 »/2 41% 47% 150 36% 47% 49% 44% 49% 79 78 1/ 79 36 9 *119 IM'/h second gold 3s Knox & Cincinnati S' *103% Louisville Gas & Elec 1st 49% 74% 79 102% 93 IprU O __ 4vril-nt 84 80% l'JO'A _ _ 7 93 33 84 3 9.:% 100% 92% VUv-Nr.- 105% 102% (R Maine Hi & Co Central First 27/8s RR debentures 4%s mortgage & series 4s con A i> • 1980 io2y4 serlps B 61 Power Y A 105 % 89% 99 '/ 92% 1 102% 102 Va 102% "2 88% 104% 95 109 101% 103% 'uae-D* Sugar 4s sinking fund Feb 1 19?" RR (Southern Lines) 4s 1959 Dept Stores 25/8s debentures l<rtf May Mend Corp 100 100 100 11 94 100 71 68% 71 58 68 % 74 77 73% 77 23 73% 81 70 "4 97 2 88% 97 90 ro 1 88% 95% 2%s ay-No 1980 debentures M;Ch gan Jack & gold moitgage 27/8s O 107> 3%s IP"- 1969 mortgage St first J Mining & Paul & Saulte 198" 5s 2%s St Power General Northern and 61% 23 41 1% 78% *100% tyr<{-Oc 196" 100% 78% ">• 56% *— 87% 103 62 6 *__ 44 3% 103 57 100% 64 101 104 % 105 44 9Vh 100 % 44 101% 104% 7 106'% 6 41 1 13 % 26 100% 53 28 15 15 76 104% 105% 105 17 71% 102 11 105 80 103% 104% 7 107V2 105 106% 105% 107% 101% •10G% 106% 1980 Jon-July *100"% 101% — — 101 % Co— 88 127% 88 5 126% 127% 32 *117 — *106 __ 88 94 126 133% 114 ■ 117 1997 lien Quar-Jon 1997 3s 107 109 00 112 99 — States (Minnesota) 4Vis 103 107% 67% 63 67% 83 60 % 70% 62 % 61 62% 23 59% 66 86 83% 86 72 8U 89% 90 92 90V'2 92 Mar-Sepf 92 103% 53 87% 97% ID 83 97% 59 101% 103% 101 105% 101 % 103 Co— Jan-July mortgage 2%s 1879 first mortgage 2%s 101 Viz 101% Feb-Aug April-Ocl Feb-Aup 1977—April-Oct (Wisconsin) 101% 100 % 106 5 101% *__ 29 ... W 100 103% 101% __ 102% — ' -- *95 99 09 % Mar-Sepf 't T°i«nhOTie- debentures 68 Quar-F*b 1975 Power B*1! *__ Quar-Jon 2047 1 2047 first mortgage 2%s 1974 Northwestern 103% 106 Quar-Feb Jan trust 106 1984__—_J— 1011/8 101% ___June-Dec 10 101% 101% O Lake Ohamplaln A g^First guaianceed Edison 1st first mort.vegf mortgage Oklahoma First 2%s mortgage Ry— Jan-July Mar-Sept iv mortgage 3s ">%B 1974 1015 .14 *104% 105% A oril-Oct 1980 10U May-Nov Al6c«,ric 61 uau 4a 2 •fan - 11% 13% 104% 106% 99 % 102% 100% 102 % 102 104% 105% 10 107% lu4 *1001/4 100% Feo-Aug iw'ib te 197« 100% June-Dec 65% 102% — 4 106% 55% Marie- 102% 105% 25 101% 102% 57% 109% 100% *103 5 7 '/2 103 107% __ *102% au-Jui, 194<: 7 8 1 101 Corp— Refunding and Improve 4%s ser A 2047—Jan-July Refunding and improve 5s series C 2047—Jan-July Refunding and improve 5s series D 2047—Jan-July First 80 101 62 Jon-July Feb-Aug Feb-Aup 104% __ 101% 101 102% 107% 104% 5 2% refunding 4 Vis ser A 1974—Mar-Sept Ry— 4s registered 2%s 101% 6 101% 106% 107 *101% 103% 2 first gold 4s 1996—April-Ocl general A ref 5s 1974—Mar-Sept registered General 72 99% 70 % 51 Pacific lien 4s % 62 6% Western Ry Central 100% 40% 2% First mortgage 8s 1979 , 102% „ ■ 107% 107% n*T ext Mfg 101 tfey tfo*-8ep sinking fund debentures N *99% on-Jul *a> 1969 Minn *_„ n* *i, series mtge 3%? First Jfoy-Nov mtge 5s convertible inc 2014—April-Ocl JOgdensburg 1952 Fir«t of 54% 76 '102% 1951 first & 621 1,420 1992—Mar -Sept June 4s Refunding mortgage 2 Vis series ■ 1978—Feb-Aug Refunding mortgage ta series F 1981 Jan-July Niagara Falls Power 2Vfee 1955 _Mar-Sepl Ohio 3%s tSAM'dland 90 100% •100% aom-ors Sag 3%s Cons Gas Minnesota 68 70 101 % Northern 103 100% 49% •— Ry 100% June-Dec rel Feb-Aug 1988 Refunding and impt 4%s Michigan 3%s *99 D» Central— Lans First *50 Jut- an Michigan Bell Telephone Co— 3'/8s 69% 67 44% Jan-July First 102% 97 first mtge 101% 69% Jfay-Nov 2%s 21 __ 49% A 2022—May Telephone 2%s series D 1982 mtge 95% 100 103 Y Northern 0# mortgage 3s 1966uae Metropolitan Edison first mtge 2%* 1st '101% 1-01 *101% A 2007—Jan-July ser 1954 4a West Southern 100 91 RR— 1955—— Mohawx 42 95% & Collateral 107 101 8AGeneral gold 5s 1940— 8 ATerminal first gold 5s 1942 General 103'% 97 92% 12 refunding 5s 1937 SASecond gold 4%s 1937 Niagara 100 99 91 100 Light let mtge 2%s 1975—Jfor-Sept let conaol gtd 4s 1992 Aprll-Ocl N Y State Electric A Gas 2%s 1977 Jon-July N Y Steam Corp first SVis 1962 Jan-Jaiy tN Y Susquehanna A Western RR— 3s 100% 101% 101% * 91% Putnam Prior May-No ISbs Manati Manila k _J<ay-No> 1973. First mortgage 2%s 1975 First mortgage 3s 1078 /v »« * 56 Chester— A Port mortgage Y 105% 79% 14 93 107% 107'/a l»?v A Hartford Ontario * N y Macy Y AGeneral 4s Norfolk 123% 103% 103% ■ 102% 102% 90 % Var-Bep _ 59% 52 Ian-July 1973 B River AGeneral 102% 5 *103% 104% 1955 2%s mtge 40 57 Pfb-Aui 1980.. Dlv 4s 61 55% 121% 103%. 103% 'an e-D» 200.- 103% 1st mortgage '1980 2%s May-Nov Oregon-Washington RR 2s series iseu—April-Oct a 102% 102% 103 I0o% 103 % 9 103% 106 Va 104% 103 % 9 103 % 106% 103% 103% 104 50 103 V\ 107 104% 104% 27 102% 106% 30 First mortgage 4%s inc series A j*. General mortgage 4s inc ser A J»t Missouri Kansas & Texas first 4s 199" «. «» 8i y4 80% 81 % Ms 52 y8 48 52 % 113 45% 55 First and 86 L0 86 101 77% 86 First and First and A Missouri-Kanras-Texas Prior lien 40-vear 5s 4s Prior lien A Cum series A First A and General L5 1978.11 oei .«■ 5s series A »r 1975 A First and Mohawk & refund Monongahela Morrell Morris Ry (John) A gold 5s H ser refunding 5s series I Malone first Co. gtd 4s series 3 Vis & 79 102 ga AF'rst and refunding 5s series F 197 and reiunding 5s series G ' 19"» {AConvertible gold 5%s series A 194and *81'/a 85 AFirst A First 79 Jan-July jui. a 89% Co— refunding 4s 95 1°"° 5s RR o. 1962 4%s series D Pacific **#. RR— B adjustment tM ssouri A series yyi B 3s 19P 198" v > Certificates of depo it___ States Tel & Tel 2%s debentures 1978 Mountain C8% 102% 98 % 102% 97% 102% 44% 103 and refunding 3a series M 1979—June-Dec First and refunding 8s series N First and 73 93% 63% 1955_.._May-No» .54% y2 81 79% 77 84% 82 105% 79% First Chattanooga mortgage 3s Si St Dairy Products deDentures 1970 3s *97% 99% *97% Nat'l Distillers Products 3%s debs 1974 Corp first mtge 3s 196E National Supply 23/4s debentures 1967 Naugatuck RR first gold 4s 1954___ England Tel First & Tel guaranteed debentures New N series B 196* 1974 rtu Aprll-Oe Jersey Bell Telephone J Junction New Jersey New Orleans New RR gtd Power A Great Orleans & 3%s first 4s r !»•*•* Nor 5s Orleans tNew Orleans AFirst 5s Texas series B ACertificates A First 5s 4'/2s 5Y2S of series ACertificates & 1988 fan-Jul) 1986 -* of 4s Mexico 1954 01 ■■jff, M 105 4 104% 106 Va 56 62 Yt Pacific Western Oil 8V4s 104 Paducah 101 102 Pennsyivania-Centrai 51 82 136 59% 75% 184 89 72 86 97% 99% A 111 1st :: 105 105% debentures sink fund 93 101% Power 96 103% A Aprll-Oct RR— Consolidated sinking 72 72 15 ^65 77 % 102 102 1 102 104% *102% 103 — 103 — 103% 4%s General Convertible A B 1960 1968 series D 106 Peoria 103% 104% AIncome 4s April 1990 Pere Marquette Ry SVis series General & 1984 1952. mortgage 3Vis series F 1985 Eastern 1st 4s external General 5s General gold 103 105 Philadelphia 105% 107% First First and refunding 2%s 104 % 106 First and refunding 2%s 112 — 17 113% 100 103 105% 103% 105% April-Oct 1981 debentures SVis 11?'/a 102% I960 mortgage 4%s series E series series Feb-Aup June-Dec 4%s 5s 106% Philadelphia 17 3 __ 1071/4 107% 5 103 103 6 1 100% 103 1021/4 102% 1 102 104% 102i/4 103 3 100% 104% 10 99% 103% Ry— 100 101 £6% Jan-July April-Oct 100% 103 103% 102% 105% 1960 April-Oct April 5 112 94 99% 66 102% »n»d-4«» '100 ■*«&-/». 100 — 99% 99% 102 1 100 and Baltimore series B 4Vis Electric ft D 1980 Wash RR Mar-Sept 92% 96% 82 90% 95 36 91 99% 20 OO 101 % 14 76% 86 61 100% 100% 76 % 78% O Feb-Aug Jan-July 60 60 60 22 52 18% 16% 18% 41 14% 23 99 103"% 5 1 2%s conv debs *112 1 117% 110 118% "I 107% 111 101% 102% 11 101% 104% 101 % 102% 18 101 % 104% 101 103% 109 June-Dec 102% 1967 May-Not 101% 1974 May-Noi 109 *101% 101% ' *101% 103% *103 7 Feb-Aug 102 102 May-Nov deposit 108 104% 103% 7 Pittsburgh Bessemer ft Lake Erie 2%s 1996_June-Dec Pittsburgh Cincinnati Chic & 8t Louis Ry— *__ 39 6% 6% ^ 1975. 101% 15 102 100% 3 335 ~ 103% 103 104% 7 104 % 7 6% 11 Va 10% 102 103% 104% 110% 99 100% Consolidated guaranteed 4s ser F 1953—June-Dec *103 105 Consolidated guaranteed 4s ser G l967__May-Nov *106 107 106 106% *104 103% 104 *113 111% 113% 111 113% 97% rH O r-i * 100% 104% 100 guaranteed 4s ser H 1980—Feb-Aug Consolidated guaranteed 4Vis ser I 1968_Feb-Aup 101% Consolidated Consolidated 102% 102% 18% Oo— First and refunding 2%s 1981 June-Dec First and refunding 2%s 1978 Feb-Aug tiAPhllippine Ry 1st sink fund 4s 1987—Jan-July of 100 Vs 101% — 109 1977 refunding 2%s 1971 ACertlf1cat.es 99% Oo— 1974 series 115 105% 109 94 95 Jon-June Phillips Petroleum 2%s debentures 1964 99 ->» 101% 104 Va June-Dec fund 4%s 105% *76 Jwn-J«I» 101'/a 104 % Pennsylvania 106 *104 107% *101V4 Light Co- First mortgage 3s 1975 119% 105 103% *!UO l958_Jan-Jul» A3%s convertible Inc debs Sept 1 I960—Aprll-Oct Pennsylvania Co— ^Guaranteed 4s series E trust ctfs 1902—Jfay-Nov Pennsylvania Glass Sand 3%s 1960 June-Dec 104 % . 1964_June-Dec gold 4%s 105 100% Airiinec 104 Va 105 Jun-Julf .•-</ ~>r 107% 103 — — 'nntrr *' 106% 116 116% 116% a 1953. _LL deoo«dt 3 991/4 102 102% deposit A 1061/4 106% debentures deposit 1956 Mar-Sept 1983 debentures 3%s 101% 105 101 1956 106% 1978 3%s 105 101% deposit D 105 100% 104% 104% 1983 series gtd 4 106% __ 116% » 1954 C of series ACertificates AFirst of series ACertificates AFirst first 105% 105 % 92% 1 Nonutaai^^ Term April-Ocl *101% P».r 1051/4 98% 100% 93% - A Refunding and impt 4y2s New va» . 104 '103% 21 55 26 106 % 56 205 15 103% 104 105 100 *100% 101% m.iV-n 1982 debentures 104 Co- 4%s 3s 3s i%*U-Oc June-Dt 5 June-Dec 1985 1987 *104% 105 y2 106 % 106 % 102% General iprtl-Oc 104% 100 debentures 105% 101 % 102 »/4 3%s 99% *__ 52 June-Dec 49% 101% 102 y4 102'/4 102% April-Ocl 33% 99% 99 % 101% i, National Steel New June-JDe 102 % 102% 1986 2%s debentures General .-bo-a.-. 1971 ... 99% debentures General laie debs refunding 3s series 8 1982 106% 13 2%s & Tel 103 % 99% 1001/4 105 LouisB and *103% 104% 105% Pennsylvania May-Nov April-Oct 2%s series National , First Pacific Tel 104% 104% 1001/4 92% N Nashville refunding 2%s series P 1981—June-Dec First and refunding 2%s series Q I960—June-Dec First and refunding SVfcs series R 1982—June Dec 313 — 57 95% 94 77 101% 84 106 1977—June-Dec 90% 64% '102% 57 1986 First 84% 316 *58% 1955__May-Not 3 Vas 85 75 659 40% 1966—June-Dec 72% 76 44% refunding 3Vis series 1 refunding 3s series J 197u June-Dei. refunding Ss series K 1971—June-Dec First and refunding Ss series L 1974—June-Dec 74 220 98 103 Pacific Gas A Electric Oo— 81 90 85 88 84% 97% 103 n 3V? Construction mortgage 5s series A Certificates of denosit Construction mtge 4%s Series B 76 78 36 1(2 y2 reb-Aui 19t>i 85 19 103 •«? /ay Ne tfrtJ 95 97% 107 dm 1966. debentures dm Feb-Au» 1991 Essex first guarantied -Bep Ha- , 52 3 100 2043 West 4s series A series First JAN N 57 66% Aprll-Oo F ser 50% 56% v 56% t- 24 _Jfay-No> series B Y New Haven Harlem 75% 38% RR— mtge 3%s 69% 61 Ma 1951 58% 53 100 8 A First 73% 53% 4s & N 101 99% __ L0;'/4 Feb-Aut 53% 52 A Peo-Aug Mag-No* Ian-July AGeneral mtge cony Inc 4Vis seriea 66% Ms- 51% * 1951 First and refunding mtge 4s 97% 71 April-Oc- refund mtge 2%s ser G 200? refund mtge 3%s ser H 20O'« anu 84 90% 44 v2 April^ou. 1963 refund First and St series series Nashville First and First 4s 7s debentures debentures Louisv lie 8 2 May Ma: _ Y Lack Norfolk Ry— mortgage 5s extended to 1979 Lexington & Eastern Ry first 5s 1965 Liggett & Myers Tobacco 5s 1951 Little 85% 91% 69% 75 Valley Terminal First 94% V«y-No> 2003 _ F 86% N bonds 2003— contingent Interest 2003 4%s contingent Interest 2003 5s contingent Interest ">w E 14 91% 81% Jan-Jala 4s Series 89 *99% Feb-Aug 1974 mortgage 4Vis fixed Series Series 88 Ry— Valley RR- General N Railway mortgage 4 vis Lehigh Mortgage 121 96% 1970. Aprll-Oei f*5-4a| flt-dBf r«b-Aut First mortgage 5s extended to Lehigh A 1954 Harbor 103% 85% 91V* Co— stamped stamped 5s Lehigh Valley June-Dee vt? ser 139 4%s 89 Jane-Dee Navigation Vallev 103% 104 Ltd— mortgage Income reg Sinking fund mortgage 3Vis Lehigh 1997_/ime-Deo 1997 Co 103% 1906_J«ae-De« 3 Vis 58% April-Oct series B 1975 & Harlem gold 3 Via 20OO Mortgage 4s series A 2043— First mtge sink fund 3%s Lake Shore & Mich South 88 *54 Refunding mortgage 3 Vis series ■ 1980—June-Dee First mortgage 3s series F 1986 April-Oct 181 % 104 176 103% Mar-Sept 1968—Jfar-8ept • 58% feb-Aug 1996 Michigan Cent collateral gold 3Vis 1998—JTeb-Aag 3%s registered 1998 Feb-Aug Chicago A St Louis— 101% - Y Central & Hudson River RR— NY Laclede Gas Light 4Vis conv debs Lakefront Dock & RR Terminal— . 62% General 33% 100% High Central RR New York April-Oct 1959 27 — Jan. 1 Low 57% 114% •33% No. 62% 105% •101 Range Since Sold Refunding and impt 5s series C 2013—Aprll-Oct 106 25.. Beads Refunding and Impt 4%s series A 2013_Aprll-0ct 103% •104% 105 1961—Jan-July -Jew-July /an-July —Jan-July 1961 100% Friday's -Feb-Aug N 104 V* *r Bid A Asked ..Low. High 82% 102 >/a 104 Last Sale Prieo High 82% — Period New York Stoek Exohango Consolidated •101% 102 Interest BONDS Range Slneo Sold New York 104'/4 Week's Range Friday Bonds Bid A Asked Low Kanawha A Mich 1st mtge 4s 1990 April-Oct Kansas City Power A Light 2%s 1976 June-Deo 1st mortgage 27/#s 1978 J*a«-Deo Kansas City Southern Ry 4s ser A 1976—AjrU-Oct First mortgage 3%s series B 1968 June-Dec Kansas City Terminal Ry 2%s 1874 Aprll-Oct Kentucky Central 1st mtge 4s 1987 Jan-Ju/y 21 guaranteed 4%s ser J 1964 Afav-Nov — *113% „ 102% 103 k - Volume 172 * "Number 4927 (309) ;^2- t-'t The Commercial and Financial Chronicle . N EW YORK BON D RECORD FOR WEEK RANGE Friday - Interest -B OliDS General General mortgage Coke #%s Chem & aebentures 1st Low No. High Pittsburgh mortgage First mortgage 11 100% IO0V2 20 100 81 81 *102 >/4 5 107% 81 Terminal RR Assn 89 100 — — Pittouurgn 102% 103 Jan-Ju/f 1965 general 5s serleB C Elec Power 1974 mortgage First mortgage 2%s lasa os Terminal 1984 debentures and First and Wo. Jan. 1 Low High 93 96V» 90% 7 96% 96'A M 3 V^s series and refund M 3%s series C 101 108 Texas 111% 108 1 100% 101 99% 6 8 105% 109% 3s 150 152 TTninn 221 225 Union Pacific 105% 106% 2'/8s luJ'A lUo % Refunding mortgage 10 U debentures Electric Co debentures nf r>n *101 7v/* Tobacco 3s debs (R J) of Rochester & Gas Electric 84% 137 5 mortgage 4Vis series D 1977—Mar-5ept mortgage 3%s series H 1967—Mar-Sept I 1967—Mar-Sept 1969—Afar-Sept General mortgage General mortgage 3Vis Series 4Vift RR series 3Vis stamped J 107% 1970 10618 107% 9 Mar-Sept *101% 7% 52 97 iooy8 101% 108% 2 101 32% 92 1 69 V* 21% 158 25 % 96 % 24% 101 104% Afay-Nov 109% 109 Va 1 April-Oct Afay-Nov 101 % 101% 7 *— 103% June-Dec 102 102% 10 101% 102% 7 95 V'8 5 102% 95% Jan-July 101% 1970 1976 110% 105 Va 102 103 Va 101% 105 & series B 101% 1958 Ry 3s series B 91% 99 99% 89 92 104% 107% 105 — 103% 105% 100 104 89 95% 96% — *t9 „ _Jan-JuIy April-Oct 107% 101 105 50 101 % 101% — •— 96% .Afay-Nov 1973 April-Ocf 1995 mtge 3%s ser C and ref 96% 98 'A 104 *103% 104% —' mtge 27/8s ser G 5s 102% *104% 106% .May-Nov 3s series F 1978. Afar-Sept 1979- June-Dec mtge 9 Co— Power refund 97% 103'/2 101% "4 •106% 1955. _Feb-Aug 1957 101% 102% 91% Afar-Sept 971/4 93% 102 *98'A 100 refund mtge 2%s ser E 1975_. Afar-Sept First lien 103% 100% 103% 102 97 Ve Afay-Nov April-Oct gtd 4s series A fund 94 % *101 1966 3%s debentures 1959 consol sinking Virginian 10% 103% 10 8% 8% 95 96% Feb-Auf 2%s 1°67 consolidated First 8% 7 ' _ 24 Va 1991_Afar-Sept April-Oct 2%s series O Virginia & Southwest first gtd 5s 2003 * *8 1941 105% debs America 2%s Electric and First 2%s debentures First and refund 106% 3%s 1971 1976 ol 2%s RR Consol — 106% Jan-July Jan-July 1949 stamped *1201b 62 % 61% RR— Hph^nhires Virginia Missouri California Corp Rubber S First and General t§ARutland 95% 1/05% 104 Corp— General t A Rut-Canadian da Gas Vandalla 89 104 April-Oct 1973 62% Afar-8ept 1961 1968 Universal Pictures 102% 101 — 104 85% 89 Reading Co first & ref 3Vis series D 1995—Afay-Nov Reynolds 102 'A debs and coll trust 2%8 1975 debentures o.v„c -Jan-July 2964_ 2 102 Va 102 Junc-Deo 1974 U Q 2%! 3%s 27/8s Corp First mortgage 106 103% V's 100 100 222 *__ 106 102 y8 -40 133 101% 3 105 105% 153 133 % 100 133% 101% 133% Ry first refunding 4s 1960 Jan-July AAdjustment income 5s Jan 1960 April-Oct Tol & Ohio Cent ref and Impt 3%s I960—June-Dec Tri-Contlnental 101 128'A 98 V2 June-Dec E ser 96% 18 97% 1985_Jan-July 2000 101% 21 98 Pacific— 103% 1053/4 103 V* 103% 5s 3%s M Orleans New of 106 % 97% 98 Ave Union *__ gold 100 ;— 103 V'2 103% *150 first refund 30 *99 105 3 4 RR 105 104 110 104% — and Pacific-Missouri tThlrd 101% 108'A II *104% May-Woe 1963 Pacific & General 128 1031/4 9 -44 104% 104 1970_ApriI-Oct 1990_April-Oct B Texas ii9y» — 103 % 104 104 RR— refund United Oats 1965 and United Biscuit Co Quaker 2%s series D 1985 First Co— Gas & 92 8 9<*Ve 108 refunding mortgage 8s 2037—June-Dec refunding mortgage 3s 1972—Afay-Nov refunding mortgage 2%s i?79_June-Dec and First 102% *126 V'2 Jan-July April-Oct Afay-Nov C 2019 impt M 4s series Texas & New Orleans Term refunding mortgage 3 Vis 1968.Jan-July and refunding mortgage 5s 2037__Jan-July First 100 3A S3 Vi 90 V2 and First 103 2 93 *32'/B Jfar-8ept 1956 4s Electric Service 92 Feb-Auflr j an-July Afay-Nov 3'As 1977 1st mtge Jf'nsi 93 FtO-Aug June-Dec June-Dec 1064—Jan-July general 4Vis series D 1977 Pittston Co 5Vis Income debentures First 102% Ry— Ashtabula St general 5s series B 1982 Providence 4 ~10iV2 IOIV2 — June-Dec April-Oct April-Oct 1958 1959 1960 4%« series 4Vis series Youngstown and and impt First Fust 3s Range Sine* Sold High of St Louis— Refund Refund 102% Texas Corp 3s debentures A B First mortgage 4Vis series C Public Bonds 106% 103% West Virginia Ry— & First Potomac Bid & Asked High 100 105% 1964—May-Noo 3%s mtge Pittsburgh Steel 1st mortgage 4y4S 195b—Aprtl-Oct First Week's Range or Friday's Sale Price Low Piusuurgn Consolidation Coal— First Last Period New York Stock Exchange Jan. 1 101 A 1970 mortgage 5s series B 1975 General mortgage 6s series 3%c> Interest BONDS Range Sine* Sold Cine Chicago A St Louis Pittsburgh Pittsb Friday Benin Friday's or Bid & Asked Low RR— -June-Dec April-Oct series E ia7t> Apru-ocf 21 Week's Range Last Sale Price Period Exchange New York Stock JULY ENDED 103 ,103 92 88 51 28 103 101 941/4 202% 104% W RR Co— Wabash Saguenay Power 3a aeries A St. Lawrence & Adirond'k Second St gold Louis 6s 1st mortgage ASecond Si P 4s Second St Paul St Paul Scioto Union V & Seaboard Seagram 3s Oil A Jan gold cons 3V8s South RR Bell Ala debentures debentures Southern Pacific First 4V2S Gold 4 Gold Southern 126% — __ 85% coll 323 June-Dec 93% 93% 1 *102% 1SG6 May 127% 4s 99% 98 Va 54 4 101 19 101 46 98 *122% April-Oct 1903 5s 98 % • 68 V2 123 % 107% 105'A 101 101 5 100% 10 *75% Jan-July 78% 105 74 — Wilson 83 Pacific 100% 66 94 97% 175 92 98 3A 94 "2 90% 94 V'2 101 87% 97 Apr-Oct 1960 99 9 7 '/a Afay-Nov debentures 108 Va 104% 108% ,001 102 % mtge 3%s ser A 1975_June-Dec RR 102 Va 97'% inn' o 108% 103% Wisconsin 2%s series 2%s series E F Wisconsin 1996 First mortgage 2%s G Jan-July Jan-July Jan-July 1986 mortgage 1961- series 91% 88% 91% 24 87% 95% 86 84% 86 13 83 100% 94% Afar-Sept 1071% 4 05% 1973 63 % 83 56 54 59% 143 52 4s 1960 27/8s 2%s 102% 12 3 1979 3'As 105% 103 % 101% 103 99% 1C2 13 100'A 100% 93% 94% GO 102% 101 % 105 1151/4 261% 1041/4 102 295 108% 101% 104 ' L 8 102% 102% *103 Va 97% 85 48 % 106 . — 114 102 '/a 103''8 313 2 102% 102'% *113 115% 78 7A 74 70% 74 88 69 73 77 % 44 43 41 44 88 40 48'A 40% 43 26 45% 99 99% 15 69 100 % 106 107 % June-Dec Afar-Sept Jan-July 1976 60 102% 103 Va 104% 101% ♦99 108% .April-Oct Jan-July 1958 3s 64% 56 3 4 106 'A 106'A 46 V'a 96% 111 106% 205% 2 ... 90% 93 106 Va 1041/2 101 % 101 Mar-Sept Jan-.7j/ly deposit ol Electric Power mortgage Public 106% 105 deposit of ACertificates First mortgage First mortgage first 105 8 *102% June-Dec — debentures B 1 105 % 104% 104% Jan-July Jan-July §ASu & Du div and term first 4s 1936—Afay-Nov 100'A 1 S Certificates A Co— First 63% 59 103% ^Wisconsin Central Ry— § A First general 4s 1949 103% 100% - first Co Winston-Salem Afar-Sept 1977 & 105 105% A 1992—Mar-Sepf Wheeling Steel 3'As series C 1970 Mar-Sept First mortgage 3'As series D 1967 Jan-July 102 103% 101 Feb-Auy 103 105 Wheeling & Lake Erie RR 2%s 105 Jan-July A 1951 convertible 2.65s Co— 1994 5s 100% 1(5 May 2014— 54 101 Co— 30-year 5s 1960 Westinghouse Electric Corp— 2%s debentures 1971 124 104% __ „ gold 25-year 99 % 93 93 Union Telegraph 50 101 *104% 1952.April-Oct Apr-Ocf first mortgage 4s mtge 4%s-4s series A 1969 Pacific 4'As income A aan Gen 103% 58 % Afay-Nov 1st Maryland — Western 99% 98 27 54 101 Jan-July (Oregon Lines) Term registered 2361 91 8772 *1013% 105 Jan-July .Jan-July 2361 97% 52 52 May-Noc Jan-July 1966 I first 4s guaranteed 79% 101'/a *101 52 Jan-July 1979—Afay-NoT 1974 series 3'As Power Penn Western Jan-July 1985 Ry 2%s 86% 1941_Feb-Aurr 7s —.—June-Dec gtd 75% 98% • 3'As Electric Penn West Shore — 93 98 % 1971_—_Aprtl-Oct trust 1965 Vis 1969 4 Vis 1981 Fran *126% 104% Co— convertible 3s San West 103% 1 85% 1987 Indiana Southern 104 West 104 1976—Afay-Nov 3'As 73 98% 98% 81 73 Va 78% 75 *90% 100 3'As 2000—Feb-Auy gtd gold ref 79 78% Feb-Aug 1971 mortgage 3'As 1967 mortgage 3s guaranteed General — 104 series B debentures conv first RR Western debentures RR Co 3'As Jan Terminal 2%s series A 1970—Feb-Aug Westchester Ltg 5s stamped gtd 1950 June-Dec 120 99 % 20 82 2016 Jan 1979 27/eS *102% 104 117% Income series A Washington 70% 55 2* 103% 103% 1989—May-Woe Telephone & Telegraph 234s Walworth 96 4s mortgage First Co— Corp debentures 90 837 -.June-Dec 2Vis North & 3s 70% 118% 118% 1968-June-Dec April-Oct 4s 4s Socony-Vacuum Oil 2V2S 1976 Southern 66 May-Woe 1989.. Jan-July 1971 B debentures 2%s 396 94 '/. 70% May 2022 . 1974 Oil Union 96 75 101 98% General & Sons 2 Vis (Jos E.) 1 Warren 1989 4%8 series A mtge t§ASilesian-Amer Skelly 96 1997 A England 1st gtd debentures Shell first Line Air Jan-July 101 mtge Gen Ry— Depot New AGeneral 10 7i 71 . 101 1055-Jan-Jtuy bend certificates Nov Duluth & AS 5 April April 1081— mtge income 4'As series B Jan 1991 Gen Ry Co— certificates lnc 4s 71 April-Oct mtge lnc 4%s-series bond 4s „ 71 1996—Jan-July 5s stamped 5s series Louis-Southwestern First 1st gold 1996— Rocky Mt Louis-San Francisco St 1971 120% *92% and Jan-July April-Oct 114% Devel 94 % 91% 132 90 and general 6s series A 1950—-Aprtf-Oct and general 6Vis series A 1956 April-Oct 104 'A 104 % 105 8 702 106 105 105 10 104 109 100 108 Southern Devel Ry first consol gold Memphis St Div Southwestern 3 '/s s first Dlv Louis first Bell gold 1983 Internat first Oil of California Oil Swift & 27/8s Oil Corp Co 2%s 23/4S debs 2%s debentures debentures debentures *105% 101 1966 not 101 % 103% 99% 102% a Jan-July Jan-July _ < . 100% 101% 101% * Mav-Woc 102% 102 102% — A Bonds range, not n included In the year's range. d-Ex-interest. e Odd-.ot sale Under-the-rule sale not included in the year's range, r Cash year's range, 104% here is a selling issues HThese 101 % 5 103% sale year's the y not aaie Ex-coupon. Section 77 01 the Bankruptcy 98% 9 in 100% 99% 98 197€..Jan-JuIy §Negotiability impaired by maturity. tCompanies reported as being in bankruptcy, receivership, or reorganized under Act, or securities assumed by such companies. •Friday's bid and asked prices; no sales being transacted during curreDt week. 105 103% 96% 96% delivery the in included 60 40 1 44 101% 101% 101% 1972 Included 97% 97% 1973 57 103% 107 Light & Power 2%s Electric Deferred a 102 100% 9 *10?% 103% 1971—Afay-Nov Yonkers 106% 101% 57 2013 April 1966—Feb-Auy 1974 100% *100% Jan-July debentures 2%s (N J) debentures 4Vis gold Standard Sunray 1985 Jan-July April-Oct Afay-Nov 1951 debs 18 94% *95% 104 Jan-July 1996 5s 4s Standard 2%s 1994 1956..: 2%s gold Tel debentures ASpokane 5s general 4s series A 112% 114% 1971 96 Devel Service flat. were combination . , previously listed on the Curb Exchange, all sales on both Exchanges. „ 1950 years range shown The of . NEW YORK CURB EXCHANGE WEEKLY In the and AND furnish a complete record of the transactions on New York Curb Exchange for the week beginning It is compiled from the reports of the Curb Exchange itself, and is intended to include every dealings have occurred during the current year. following extended list we ending the current Friday, July 21. stock bond, in which any or RANGE Friday New York Curb Week's Range of Prices Shares Low Par ABC Vending Aluminum Acme Wire Co common Adam Hat Alloys Stores .10 "_i — 1 Low Supply Manufacturing—^ Agnew Surpass Shoe Stores.——— Ainsworth Air Manufacturing common- Associates lnc For (N J) footnotes see page : 33. 1 8% 6.800 1 V8 1% 1 300 1 July 0 4 1,200 3 Jan — 21 Jan 3% 3% 500 7% .. - 3% 1 2 % 3 _• 5 Sales Range for Week Sale Price of Prices Shares 7% July 3'/a July May Air-Wav FJectric Appliance 2 May Airfleets lnc Apr 24% May 5% Jan Alabama Great Southern— Alabama Alaska 3% 8,300 — „ 11% 9% 1% 10 Va 9 12 9% 2.300 1 300 Jail — 3'A __ Apr _ 10 '/e July 14% May Jan 9'A May 7% Power Airlines & Fisher 4.20% Products Allied Altes Altofer Bros 1 Investing Corp (Mich) common 8% 4% 82% 103'4' 9% 4% 86 102% 103% 4% 4% 900 60 150 common 500 12 Jan 17 4; 17 16 4 % 4% 200 1.325 Apr 4% JW.y Jan 92 V2 May 99'2 Jan 103% July 4 5% Mar Jan Apr . 61/2 Jun r'i c'un ' 1 3 1 • 7% 4V'4 July 80 5% 4% High Low 600 1 Range Since January High —1 common Brewing Co 9% 4% oo preferred-—100 Inc.. Allied International 3 1 11 4% Low Par * High Alles Aero Week's Last New York Curb Exchange Range Since January 1 High 3% 1 ^ * lnc 21 Friday 3 8% warrants—^ Acme JULY Saturday, July 15 security, whether STOCKS 1% —1 Corp iviuiorb ENDED for Week Sale Price Exchange WEEK FOR Sales Last STOCKS ACF-Brm RECORD YEARLY 3% July 15% July "■ 28 v3 4% July 6% 5V2 Mar 7% Ueb -an o un i- Financial Chronicle The Commercial and . . Monday, July 24, 1950 . (310) EXCHANGE CURB YORK NEW RANGE J OR WEEK ENDED JULY 41 Aluminum f'n of America cumulative Aluminum Amei Industries Filter ah SAmerican 5% Book Co—. Cities American Class & convertible American Hard American — preferred Laundry Rubber _. Meter Potash Chem & class 4% May 20% May Charis 30% May Cherry-Burrell common Chesebrough Manufacturing com 22% 700 22 July Jan 25% July 31 27 % 37% May 7% 1,300 3% Jan 8'A May 13,900 % Jun Feb 7 —2 % % .10c —5 850 5 500 4% 7 Angerman Co Inc 7 5% 5% 1 common Oil 5% Apeif-Elec Manufacturing Co 1 111% 1 Natural Gas 110% 112 5'A _j_. preferred 5% 5 Clark 7% 6% May Claude 100 5% July 7% Jan Clayton 14% Apr Apr —f 9 2% 100 700 5 9% 900 10 111 13 % 13% 36 36 800 25 Jail Jan 7% Apr 6% May 10 of 54% Associated Tel & Tel class. Atlantic Coast Fisheries Jun 11 % yVe Jan 13'A May Jun Coast —1 Lipe Co 52 % Steel Products Inc Automatic Voting Machine & Sobs (B F) J an Collieries Corp 2'A Apr Jan Jun 70 3% Jan 52 % July 6'A Feb Jun 17% Jan 6% Feb 1,000 5% 14% 100 11% 900 8% Jan Coro Jun 9 Jan Corroon 22 10% Feb $1 Jan 13% _. — — 18% 15 Jun May 18% Jun 2,700 Jan 6 % Apr 35,800 1% f«n 7% Apr UU J 6% Jan 29 25% 29 4,100 4% 5 400 2% 4 31 Jan 8 Jan 15 Apr 5% July 6 4% Jan 6% Feb 3% July 39% Jan 1,500 57 1 57 6% 13% Apr 5% Apr 59 % May 3.490 3% 1 5% 6% 12% 13% 300 l,5o Jan 8 May 18 May 11 Feb 6% 9% 9% 9% 800 10% 11% 1,600 10% July 89 % 83% 89% 2,000 78% Mar 9 % 3 1.000 3 2% Apr 11% July J 11% 3 8%.Mar 4% July 13% Mar 25 500 u 4% "5% July July 2% Mar 14% Feb 5% Jun Jun 91 3% May * 1% 1% 14% 17% % 15% 1 50 common 11% 56% 9% 6% 6% • 1,500 12,500 Jun Jan 10% Jan 10% Apr % Jan 11% Jan 15 Jan July May Apr 7% Feb 17% Mar 5% Jan xl3 Jun 34% 97o 57 51 36% 6% 500 11% 9% Apr Jan % July 8% July 1,800 15% 15 20 7% 1,500 6 % 8% 8% " 16 3 Jan 1 5,400 100 8 8 8 600 Mar 13% 30 1% 3.7'% 1 Reynolds common. Petroleum May 4% -5c convertible preferred 5% 80 8 10 preferred class A Cosden Feb Jan Apr 1% May 4% 1 Inc <te July 12% non-voting July 14 15 15% Mar 8% 3% G' Cornucopia Gold Mines 1,000 4% July 7% July 14% €3% July Feb 10 7 % 4% voting B 34,o J 0 APr Jun 0 22% May 4% * A Class 12 Jun 66% 7% Jan July Class 74 6% July Jan Apr 12% 8 1 4 6% common. May lii 13 V4 6% July 7% 10 4% 1 Consolidated Liquidating Corp • Consolidated Mining & Smelting Ltd—5 Consolidated Royalty Oil 10 Continental Car-Na-Var Corp 1 Continental Foundry & Machine Co—1 Cock Paint & Varnish Co • Corby (H) )Distillery Ltd— 14 7% 65 600 4,300 -- 1QB6 »c 44 5% 14% -25 Jan PV» 100 11 preferred 7 % Mar 41% Vtc 1% 4% Consolidated Gas Utilities 2,500 7% 6 7% u Macninerv 5,100 500 7% 6% July -20 Service 4% 5% 1 Stone Co 15% 4 xl4% » .—5 common 75 4% 15% ._. Automatic 600 7% Apr 4 common-_ 52% 51 4'A Corp warrants Plywood Corp 2% 2% 2 % „50 - 400 55 Jan 7 k. Jun 7% % % m % America. Mar 17% -1 900 C-*8L. depicts Laundries 60 V* 200 -1 Puolic Electric- Industries— American Associated 1 19% 4J'J Hotel Inc— 6 9% 64 ■700 Manufacturing Co Jun Jan 19% 1,100 Colt's 14'/a July 62 16% Community 37 5 va 9% Mar 14% Commodore July Jan 6 17% Jan July 12% July 3% 8% 14% Jan 35 Jan 400 15 Jan 110 38% 100 17 11 Compo c»dot Jun Jun 500 16% 12% 116'A Mar 4% 6% 17% 12 % " *0 l»V2 8% Feb 8% 10 9% —25 600 8% 8% 10 8% July l 21% Feb 9,500 -1 — * Rand Colonial Feb July 3% 200 _5% 8% 1% -.5 Airlines Colonial Feb 19% Colon Development ordinary 113 . „1 common Co Mar 21 % 64 Products Co Plow Cockshutf 3% Mar Feb 173 9 " 650 "3% *4% .10 l>ambert Manufacturing. Si Aluminum Club 22 July 7% . 98 Va May 8 7% 8% July 4,200 15,400 10% July 3% 2,000 10% 13'A Feb 109% 8% 111 July 11 10 —I Clinchfield Coal Corp common 8% 36 Inc 9% 6 5 4 common NeoD 400 ~3% 9% July 110 July 1,150 11 "51/2 „10 Manufacturing Co.— Clarostat 131 Jan 94 2,050 10% 115 ~8% — Suouroan Homes Controller Co Jun 10% 9 % & Jan 10% 10 — Ayrshire City Jun 35% „ Stamping-**£2*10 City Auto Mar 5% July 5% 10% common non-voting o Arkahsas Power & Light $7 pfd— o Armstrong Rubber (Co class /: 4% % conv pfd.i: w Aro Equipment 2.50 Corp—Jmm Asplnook (The) Corp.. 1 Associated in 133 6'A 490 5% 5% pfd——100 Appalachian Elec Pwr 4%% Common class A Jan 200 1,425 3% 3 % 1 Arkahsas 5% 10 9 £1 Angpstura-Wupperman Argus Inc July 4% Service Cities Ltd— Co rets ord reg dep 103 common Voting trust certificates Chiet Consolidated Mining 1,800 7 2 Products Anglp-Iranian 16 109% 112 112 Writing Paper common- Post 9 Feb Jun 7 Chicago & Southern Air Lines—. 25% July 4,000 Jan 11% 2.50 America of Co C«rp Feb 325 2,600 31 % American 5% Chamberlin Chicago Rivet & Machine 26% Jun 10% 25 10% 1 lea 26% 86 % May 800 -10 Aircraft Co common Cessna 37'A Mar 28% 5 6% Jan 25% —5 Avery f-eb 13% 25% preferred- Atlantic 3% 4,600 31 ::io _____ Thread Atlas 7,900 u.y Jan 31 American Atlas 4% 11 % A Republics.—. American Seal-Kap common Amer Superpower Corp common.. $fj ^series preferred • 6%' 15% 18 % 26 E> Amer 21-4 Apr 22 % ,.w»- American Anchor Apr 14% 17 Jan 8 '/a 80 10 Va 95 3% 18% 15 % 81% 4% -10 — 600 3°/4 pld Investors Inc Convertible preference Cenfurv 900 15 % Jan 10% 11 100 pfd opt div series 1929 21% 4% 7% 3,uoJ 72 83% 83 8% 127 10( series— opt div preferred Conv 200 16% Jan Jan O 95 100 -sr.; Century Electric Co common Jun j 26% *X 74 ' 10 U 21% 21% 83 % —10( Eler : '•> 12 —1 6% 14% lot — Products Light>44t^pfd__ Power Conv Jan Jun 41% Mar Jan 21% July ' 12 -25 Co Gab 2% 37% 350 Power Co— 1%' preferred 9% Mar Jan . preferred 3 504. iC*btrt> July 5% ' 21% 23% xC of America. Maine Central Apr 33 — Central Ohio Steel Jan 26% American Class Co 250 6% 3% Mar 23% ■' 2 , Co di Catalin Corp 12 Mar 85 Mi Jan 790 5% vWAiaf* sUUuvik Central Mar 1% (A High Low 4% ' Jan 6 V4 15 I Range Since January 1 High — 10 % —2 Metal Natural 2,100 Lubuu Caalifc Feb 19 33 com— Manufacturing-Co Maracaibo Co. American Product* 1% 33 % July 7% July 1% Jun 300 25% Jan i« {& Mar 76 8% 1% 1% 1 common. American American 12% July 1 _20 Machine Mar 7,500 — 8% _2* Co American American \i May 6 650 500 13 — lot common... $2 convertible prelerred $2.50 7% 24 500 1 General Corp 101% Mar Light— B American Jan 16 iw Power 96% 1 Beverage common- American 500 100 Shares 1 Co common (J W) Carter 62% July 24 "u J class A. Jan 12% __iC pld conv Bantam Car Co 51 % 7% 7% common American 11,000 24 for Week Low Par, High Low 100% 100 % -10t preierreo _— Aluminum Goods Manufacturing— $3.75 Sales Range J/rSale Price York Curb Exchange Mew Range Since January 1 .Shares 62% 57 52% common. Week's Last stocks Week High Low Par fur ire ef Prlce» Sale Price New York Curb Exchange * " ol Prices Friday Sales R STOCKS Jan x64% Jun Courtaulds Ltd— American & 8aldwin 7% Wilcox .30 ... Rubber American Barcelona Barium Lt Steel & Pwr "4% Corpi (L) & Co Bellanca Aircraft Benson & Inc 2% Blumenthal Bohack (S) Corp & Co 800 If */2 Jun Co . 3,300 1% Mar 2% 33% Mar 36% 1 Anr 90 30 52 Jan 16 100 15 Jan 11% 7% Co ord Mills Bunker reg d Feb 11 % Ju / 13% Jan 4'A Mar 8% 7% 8% 1,000 7% Mar 9% 56 58% 225 18% 19% 40 3,000 «JSkT 4% 8% 4% 100 17% 19% 5,200 7% 8% 4,300 20% 150 51 Ta n 85 A 3% July 1 7% 7% 7% 500 5% 8% Jun 6% 3,700 8 % May 24% 4 % Jun 5% Jan 16% Jan 20% Apr 5 Jan 8% July 25 % Feo 25% 2,400 17 Jan 22% Mar Feb 34% Jun 21% Apr 2tJ '/4 J Jan U.I 11% Apr 11 Apr 1% Mar 1 2.50 B_— 10% 16 5% * 11 3% 100 Jun 27% 2% Jan 4% 11 Apr J un" Jun 13% 4,100 5% 13% preferred—10 common class 3% 1 junior 2% 23% * 5% 1,000 5% Jan 9% 10% 2,500 8% J un 11% M^v 15% July 19% Mar 15% 5% 16 5% 300 200 July 5% Jun 14% 6 Feb Mar 0% Crowley Milner & Co 12% 11% 12% 1,700 11 % Jan Crown Co Drug Clyuid. partic common Aclilililfc Atlantic Sugar Curtis Lighting 15 15% 2,700 13% Mar ~>a 10,000 3% 2,100 1 5% July "% 12%o 3% \'e 3% ;-<>" den Fire >nada Bread 9 % Ltd Apr Canners Convertible Canadian 7% Canadian Capital Carey Carman St Carnation Carolina - • & Amer Amer 6,600 7% 7% 7% 2,300 5% July 7% July 20% 20% 50 20% July 24 30% July 33% Day Mines 1 16 Apr 150% Mar 2% 22 .... Co 100 Kennedy Inc. - * <1% 20 J 22% 16,500 750 • $5 pfd Lta- dep rets A ord dep rets B ord Jan Jan 35'/a 1,700 32% July 7% 7% 1,300 7% July 2% Mar 72 72 73 113% 113'A • .1 2% 17 32% 7% 2.5o Light 13,100 Jan Apr Jan 69 18% Jan 25% July Jun 13 9% 250 9 11% 11 250 11 11% 100 wuhber Davtnw Cn 32% 7% 2% 2% 2% _5% ~6% 400 11% x!0% 11'/a 2,800 7 % 600 300 Apr Jun 6% Apr July 15% Feb 32% July 36% Jan 7 % Jun 2% Jan 50c 5 10% 100 Detroit Gray Iron Foundry Steel Products 1 2% 1% 2% 1.400 10 21% (20% 21% 1,500 B 1 Detroit Devoe fcaynoids 61 IJISUiicio class 1% Apr Apr Jan 5"% July 10% Jan c>oh 100 1 debenture 6'/a x25% °5 A Dejay Stores common Dennison Mfg class A common 8% 32% 1 10c Inc 10% 30 Apr 8% Jan 14% Mar 146 Jan 9% Jan 11% Jun 1% Jan 2% Apr 20% July 26% Jun 11 12% May Jan - American Co Bridge 11% 12 1 Corp class A Domestic Finance Dominion 1% dep rets ord reg 4s Co common Dobeckmun 12% 1,600 • 4 17,100 35 3% 1 utd 38 100 15% 16% 900 3% Apr 11 % July 3% Jan 2 Apr 14% July 35 Jan 5% May 40 % Jun Jan 14% July 18% • 20 % May 24% Feb Dominion Textile Co Ltd common.: • 9% Mar 10% Feb Draper Corp * 93% Jun 24% Mar 30 Apr 85 Jan 98% Jun Feb 6% Apr Harris Co 16% 25 Chemical Co Ltd & Tar Coal class B & Dominion Steel 79 % 28 % 10 ; 80% 78% 26% 28% 90 • Duke Power Co— 90 625 353 50 69 Jan Dunlop Rubber Co Ltd— American dep rets ord reg <The> Durham Hosiery class B common Duro Test Corp 5% £1 Co Duralov ~2 % 1 Duval Sulphur & Potash Co 3 2% 1,200 25 11 11 • 1 • common Eastern Gas <fe Fuel Assn common common w 3% 3% 3% 300 13"% 13% 13% 300 _luu preferred States 7% Apr 9% Mar Mar Jun 3% 13 Feb 3% July 2% 11 14% Jan Jun 5% Apr Mar Apr Jan 17 2% 2% 2% 425 25 1,700 35 % 9 Apr May July Jan St Share Jan 850 10% July Jun 73 % Mar 56 July July 75 Feb 30 % Jan 4 Jan 76 May 24 70 150 2% July 65 % July 62 66% 225 .60% May 1 21 20 21% 1 • 75% 75% x76 9% 9 % 9% 2,200 5 common 15% 14% 16% 57,700 14% July 11% 11% 200 10% July 1 pfd 5 Esquire Inc Eureka Corp Eureka Pipe Line common Ltd 100 1 1(F 1 1 Equity Corp common $3 convertible preferred 2% 1,200 69 % May 13 3 ' Feb 81 Mar Jan 13% 1,100 7,700 8% Feb 103 5% 12 Jan Apr 23% Mar 19% 108 Apr May 8 Va Jun Feb 1% 19% Mar Jun 1% Mar 39'/a 25 39% July x45 4% % 4% % - 1% 1% 23 Jun 100 13 13 1% Jun 75 320 6% 5% 18 125 107 107 6 500 1,200 4% July 6 % 8,300 Jan 10 Jan Jan i! Apr 13 ■> 10 Jun 16 % Feb 20 July ft 3% Mar Jan 84% Apr 114% Jan 2% May 3% Jan 63 112% Jun Falrcblld £1 2s 6d 3% Jun Associates— 16 4% 59% 2'/a Empire Millwork Corp Emsco Derrick & Equipment 25 1% July 62 65 % 25% July Apr 400 66 shares of beneficial lnt Eono 65'/a 56 A_ $5 pfd shares of beneficial lnt Electrli 1,500 63 25 $6 preferred series B Common 1% 10 Corp. $7 preferred series Eastern Sugar 1% 65% 100 Electrographlc Corp common 150 V2 Mar • 10 1 preferred Empire District Electric t% 100 & Apr 5% Mar Ltd— common Power Jun 25% July * Carr-Consolidated Biscuit Co Carrera* 6% 20 Co Co 5% 3% common common 3% D Easy Washing Machine class B Marconi Transit 6% 100 • common Ltd City Products Baxter 5 3% . preferred Industries July 3% 1 preferred Capital 3 3% 6 preference 'anadian Mar 3% Jan 5% i6 • Ltd Insurance Co 12 Jan July 3% July -1 arada Cement Co Ltd -nl/2% Apr Jun 1% July 2% Jan 5% Mar 2.50 Hosiery Mills Davidson-Brothers Inc common Eastern common—50c Sugar Estate ary & Edmonton Corp ornia Electric Power 300 25% 9 % 9% Davenport 6% '*• 5% Apr 16% May rets Products 24% 25 5 Eastern Malleable Iron Electric 2% 2.50 4V2* ^wmba 300 1% 50% Inc common Curtis Manutacturing Co (Mo) New CaMe 2 2% 2% • Cuban Tobacco common ~2 2 10 5 common Jan 10 • 25c * .uuiOiUU *$6 preferred 5% 6% 5 'Mri> Jan 13% May 15% Piston Ring Co Corp Amer dep Biscuit Corp Petroleum Pent Crown Cork Internat'l "A" ~t Feo * 2.50 Sullivan Inc Detroit Gasket <fc Manufacturing Jun 23% Mar 32 * Line & 6 Crosley Motors -* Driver class common Ltd Pipe Jan 67 75% July 18% July 23% Mar 20 10s reg Power Co Co Hill Jan Ltd— 01 1 2% Mar Dominion Forman Distillers Buckeye 16% 3% July • — L) Apr Tobacco— cumulative (E 115 9% July 10 7% Mar rets 2,400 2,500 F"b 1% 600 * 40% July 1% 3% Jun 900 4,500 r% Apr 1 2% Apr 700 3% — 30% 1 3% r-co 2% £1 Rubber 12% 35% —-—" Oil rets B May 7% 2 % • common — dep 6 9% 1 Light Columbia Brown ,urry 12% 12% 8 Class 'urma Feb 3% • common Celanese Amer turd Jun 17% Jun dep British Bruck Apr 8% Jun 3% £1 Amer Bruce 5% 6% Mar dep rets ord bearer British Brown 1,900 10 • Light & Power American Amer 18,700 3"% 25 Manufacturing Co British 5% Mar 9% 11 • common common British-American Jan 1 —1 Class a Jan Jun 16 1 Co Gas Jan 13% 3 Traction Bridgeport 38% 90 prior cumulative preferred_100 Breeze 4% 8 7 — common Scrymser Bourjois Inc Brazilian 3% 35 % Fdry & Mach Co com.* Borne, 4% 125 __1 common (H C) Co 5%% common Inc common Ridge Corp 9% Jun 5% July common Birdsboro Steel 32% 19% 12% 20.KOq 3% May 1 Cuban 7% 8 common Co Hedges Blauner's 11% Ties' common Watch Bickford's 50 300 common Telephone of Canada Benrus Brillo Jun 62 Ltd (AS) Shoe Corp. Blue July 52 4% Refractories Inc Beau-Brummel Bell 35 shares Tr Baumann Beck 55 11% -1 40% 36% 40 2% Mar 5 Crown __j. Co common Banco de los Andei— Basic 3,900 52% Locomotive— preferred Baldwin . Croft Brewing Co 35 jCo 54'A reg)„£1 (ord Creole Petroleum B Babcock receipts dep Camera & Instrument Faircnno Engine Fansteel Metallurgical & Airplane 1 1 22 2,100 7% 71.503 4"% Jan 15% 9,200 10% Jan 29% Mar 7 % May 16% Apr Number 4927 Volume 172 . (311) The Commercial and Financial Chronicle . . NEW FOR RANGE Friday Week's Exchange Shares $2 Ford Co Motox American Ford Co Inc H) (M 2% 3.Q00 2% Class B voting • of 36% 38% • 33% 11 Apr May 3% July .." 5 Vb Jan Jeanette Glass Co Brown Stores "£500 21 Jan Low High _300 22% Jan 2% Preference 1,100 7% July Co — • 3 Ve Jun 6% Jan 600 a % 2 1,200 2,<*UJ 4 10% ■/» 1-/4 5ji) /4 «. 3% Jan 3% 2% July l'i-Ve — —- Jan 5% 12% May 1% July Jan 22 % May uan 39% July % July 11% Jan 10 2 1 38% July X. 10 % 1 (N J). Co common 3VB 4 1 common Lake Sulpnur Jefferson Julian & Kokenge 500 V2 I°6 12% 12 Vb 12% 7% 1 1.25 7% 1 Co Inc common Co A) 6-100 8 7% 32 10% 33 10 VB __ 10% 150 2,2u0 Jan 29% __ 50 5 preferred convertible (Geo 900 38% 10' Brewing Franklin Simon & Fuller Jun Jim 3% 39% t *J — •» Mi % July.. 9 Range Since Januarv I France— deposit receipts bearer Fort Pitt Brewing Co American 4 _ioo Shares Jun 3% Apr 28 9 3% 3% £1 non-voting (Peter) 2% for Week ices ugh. Lt"i' Pat Sales s *e "• Pric« Jan 76 July * L4»l New York Curb Exchange High " A Fox 55 30 9 — Class Ford Motor t-riday Canada- oi 21 STOCKs Low Lto- deposit rets ord reg Motor 350 28'/a 1 (new) 57% 2% York Fishman JULY Range Sine* January 1 High 55 56 Corp common 10c dividend cumulative preferred—1 First ENDED for Week Low 10 (Phlla) WEEK „ Range of Prices Par Fire Association Sales Last Sale Price STOCKS New York Curb EXCHANGE CURB YORK Feb H Jan 18 Feb 11 Va Jan Kansas 8% Jun Kawneer Co * Kennedy's Inc f 12'% ' B Mar 14 10.. 34 May Kalser-Frazer Key Gas Co Kldde Corp pfd—10C common (Walter) Co & 7'/a . 6% 10. V4 * 4%% Electric & li>y % 7% • 4% 83,000 20 110 7% Jan 109 % July 15 lo% 2uJ 15 12% 12% 250 11% 10 Va 9% 10 Va 300 12% 12% 20J Jun 21 Mar 9% July 12% Jun 112 10% Mar July 13% May Jan 12% Jan 13 Jan Kimberly-Clark Corp— 4 Ma % Kings County Lighting common 4% Gatlneau 5% Power Co Mfg Co General dep General preferred ord rets 8% 9 4,1od 4% Jan 9 5 5% 2,100 47/a Jan 6% May 1% 1% 100 1% Mar 2 Mi 3 2% 3 1,100 27/8 July 4% May 22% Finance General Outdoor Jun July Apr 23 V2 Mar Power $6 preferred 1% "3% 1,500 (A C) 10J 10) 1% 3% 5% 5% class 17% 8% Jun Feb 107% Jan $4.50 4% 109 Goodman class Inc Gorham Kropp Mines 4Mi 5 % Mar Mar 8 Jan May 22% Apr Lamson Corp Jun 15 Jun Lanston Monotype 17Mi Jan 12% 1,700 10% Jun 13 Mi May 19 11 Jan 20% May Atlantic Pacific & 44 44 25 1st % Oil 24 % 22% 24% 12 10% 12 800 9% 7% 9% -<n July 80 M2 July % Jan *47-% Mar Jan 6 33 May 16% Mar Jan *% Apr 8% July 1,900 Jan 6V8 12% Jan 146% Mar 122 112% 122 875 112% July 133% 131 133 % 130 129 May 1 1% 1 1% 3,500 1 Apr % 1,950 38% July 44 M2 300 21% July 31 Mi Gulf States 40 38 % 40 22% 25 22% 23 25c 100 2 Alabastine Lefcourt Realty Lionel 109 100 9 Jan 10 9% 9 % 108 Jun 109 * 16% Mar Feb 137 Hartford Hathaway _ 18 18 100 14% 4(5 43% 130 46 2 2 Vb 2,500 10% 9% 2 Va .1 __ 2 • 19 % 2 9'% 1 9% 18% 5 6% 25c 10% 112 Apr 17 Y» Jun 10% 10% 9 Feb 19% May Apr July 1% 53% Jun Jan 2% Jan 2^8 May 100 1 "/8 Jan 9% Jun 11% Mar Jan 22% 16 1,000 6% 1.100 10% 2,200 6% 6% May 12% 400 . 19% 10 common- • Rubinstein common Helena 10% 18 46 1 Co 6% 10 '' : Jan Mar Jan 13 • A 5%% _ Jan 17% May preferred w w _ July 12% Jan 10% July 14% Jun 6n% _ 2 common preferred ii 900 .100 New 10 _ Holly Stores Inc Mar 102 Horn Horn 5% Hubbell 7% July 2% July 53 31 Jan 9% May __ 42% May — 160 159 -- 40 160 32 75 32% — — Huyler's common 1st convertible 19% 19 88% Jun July 9% Jan 3% Jan 158 May 31% July 106% Jun 37% May 13 V4 Jan Feb 46 167 Feb 34 Jan 111% co V rr V* —5 1,300 18% 5,800 80 3% 200 52 52 1 • preferred 19% 89% 3% • "" 2% 50 2% Jan Mar 23 3 Vb July 48Vsi Jan 13% Jan Mar 2 Feb 3% Apr July 18% Apr Jan 3% Apr Jun 18% Jan 5 15 4% 6V 12 - —3 89% May 25 13% • Mar 1,100 2% 13% 1 Hydro-Electric Securities Hygrade Food Products Mead 300 15 Vb •13 American dep — 12% 13% 3,950 7% Mar 14 May Ireland _ _ 5 — Menasco Merrltt Mfg Preferred Public Iowa 3.90% Iron G & Light com w Metal A Textile 8,700 footnotes Corp Bumper Micmgan 6% preferred 101 % 375 „u vb 16,tuJ 1% Feb 14% Mar July 152 Mar 92% July 131 Mar Jan 34% May 113 Va Mar 26'/a West Corp common . July 147/b Apr 9% 100 8Va Jan 11 % May 500 12 1- % 11% July 15 % Mar 2ui) 11 % July 14 % Jun 28 34% May Jan Mar 31 38 % Mar 2 100 2 6% 7% 7% 400 6% 2% July 18% Jan 25 27% Apr 31 22'% 21% 22% "7% 7% 7% 600 6% Mar 12'% 12% 7,100 11% July 2% 3 Vb 23,800 12 2 % 1% 110 6 % 6% 5% 50 6% 8% 110 200 25 b% 9,7ud 4% Jan 5% 300 50 30 7 300 5 5% 8% 8 1% 8% 10 Jun 110% Jun 7% May 1,100 Apr 9% May 1% July 9 Feb 400 2J0 7% Feb 10% 9% 10% 4,800 8% Feb 2% 2% 2% 600 2 ft May 97/a Jan 9 Jun 8% 1 9 Mar 8 55% Mar Jan Feb 6% 7% "l% 1% Feb 3% May Jan July Jan 17 Apr 50 May 10 % May Jan 108% Mar Jan 8% May Feb 300 Jun 11% May 2 jjj Mar 10% Mar 9 % May $2 non-cumulative dividend share»_* 26 12 Apr 17% July Jan 4 % May Midvale Co conv • common OH Co 3% 6,000 3% 400 3% 21 Ve 21% 600 20 24 % 100 22% July 2% 3,300 5 5 % 800 9% 9% 17,100 • 23% 1 2% 2 50c Refineries 17% 23% 1( Piping & Supply common Mid-West 14% 17% 5oi Abrasive ivtia-west Midwest Midwest $1 Products— Wohl Co common 5% 9% 1% vrininc Corn Minnesota Canada of Service Puolic Missouri * _ 5% Power & Light Molybdenum Jan 23 Feb May 28 Va May Feb 2% July 6% Jan Apr 32 Vb Jan Jun 11% Apr • cumulative Society C com class 105 Mar Feb 43 Jun 34 9 4,70J 6% Mar 9% May 1% 2 3,600 1% July 3% 97 Apr 105 Apr Jan 101% July 107 % Jan 101 % Jun 101 Va Jun 500 2% Jan 181% 60 176 % Jan 3% May 185 May 33% July 4% 3,400 4'% July 13'% Mar 15 Va May 23 357/8 Mar 101% 101% ~2% A—1 179 • • 10c 4% "2% 38 6% Jan Feb 10 15% 2,300 • 30% 28% 30'% 550 Tel 100 98% 98 % 98% 80 97 Mills 6 ' 28% 28 Va 28% 150 24 Jan 30 May 40 40 41 350 32'% Jan 48 Apr /Vb Apr 12% Feb 16'A May 6% July 11'/a May Feb — Tel 8% 15 Apr & Verncn-Woodbury Ohio Mfg Co 8% 100 8% Jan 11% Apr Muskegon Piston Ring common 102% 102% 30 98% Jan 103% Jun Muskogee Co common Company Feb 100% July 15% 13 Producers States 150 100 Ward & Co class A participation pfd Corp of America 27% Mt 50 39 9 —100 Investors Mountain 102 2 series B—100 pfd series preferred Plan 31% 1 Moiioiigahela Power Co— 4.40% cumulative preferred Loan 38% 9 1 Corp Monogram Pictures common Moody 102 pfd—100 common 5 29% 50 convertible preferred 4%% 11 % 117 9% 13 23% July Corp Steel common 2.50 10 50c 8 7% 8 1,200 8 ~7% 8% 7,200 12% 12% July Feb 105% 8% Jun Jan Jun 1,850 100% July 12% 300 12% July 16% May 68% 70% 68 84% May 7% r% % 8 8% 11% 11 1 1 — — 1,650 8 '74 te July 24'% 700 6jO Apr 27% 7'% .4 Apr 10 % May 7% Jan xlOVe May 10% July 12% May ft — % Apr N Jun Jan Nachman Namm's Inc 1% 24% common National Bellas National Breweries Hess — common common 2,100 23,100 — National Fuel 30% Mar National Mallinson 23% Mar National Mfg & Stores common Pressure 2 National Gas 95 Mar 13 % 14% 800 13% Feb 16% Jan National Rubber 7% 6% 7% 3,000 5Vb Jan 7% May National Steel u 400 National Transit U \k H May 1 Ve Jan Fabrics Cooker Radiator Jan 14% 92 % 3% 4'/a 700 3% 1 3 3% 10,500 common Co Machinery Car Ltd common 11 1 10% 14% Jun Apr 5 May 4 26 330 Jan 11% 9,100 24% July 32 Vb 36% Mar 10% 13% May Jan Feb 10% May 300 7'/a 11 Va 200 10 Vb Jan 14 Jan 1' 11% 5,000 8% Jan 15% Jun 8 403 77/8 Jun 9% Jan 8 1,900 6'% Jan 8% 11 7% 4 JO * Apr July 11 1 1 2 3 35'% Mar 24% * • Feb July 1% July 23 12'% 4% 3% 25 preferred 18% July 1'% 24'% 1% 23 . 300 -1 10 Corp • • 12 preferred.. • Oil Midland 18 % Mar ' 1 500 14 live 12 1 common.. 300 Apr 12 5 Hone Corp Miadl? States Petroleum 1 33 21 % i 2,100 100 page 10% July 2 2.50 • lu Michigan Steel Tube Michigan Sugar Co common **4 Co— see 96 30% If preferred 11 — Italian Superpower Corp com class A For 11% 25i Corp common 22 % 8% 0 0 v t c 9 % Mar % July 10% t 1 11'a 70% _ __ 28 % May 7% July 7,500 8 Co National Manulacturing Chute 27% Mar 10,100 00J O \l 101 27% May July % 100 preferred Participating 7% preferred Air '< VH 8 29% May 22% July 1 Co 20'% — d 22 % J Co & Mountain States Power common 0 - common 150 ' Mountain 12% 10 . E Service Fireman Irving . . & Apr Jan 110% May • Apr 100'ft 102'% 0 International Safety Razor B Royalty 26% • Apr 8% 0 Products International 100 105 10 4% 0 ^hs. Registered shares Illinois _ 27% 102% 100 A Petroleum coupon 27% Marine Ltd 3'% July —— -50 Industries International Power Co 18 vb Mar 10 series Metal iuwa Jan Hydro-Electric— $3.50 Iowa Apr 12 % * 21.800 • International Investors 24% Warrants 6%% Mesaoi Iron Muter International Jan 9'% July lUj i.U< Co 22% £1 _ Machinery Cigar 15% iU Chapman & Scott Corp— Murray Insurance Co of North America Inernational . Mtg Co 2212 * __ pfd 3,500 1 • 20 J/4 — Imperial Tobacco of Great Britain & Indianapolis Pwr & Light 4% 18 % 9 % 23% 10 Co 22% ■ _• — lu% — t common Morris receipts registered- _£1 — _ 13 Ve Industries— Imperial Oil (Canada) coupon Registrred — Imperial Tobacco of Canada 17 23 1 Dredging Johnson Monroe • Co common Chemical Feb pfd_. & Co class B G) Montgomery Imperial $6 Shovel Harris 4 80% Zinc 15% 22% common (The B) (A McWilliams 4.50% Illinois Jun Apr c * Manufacturing Co 10'% % deposit— Light Service Massey Midland 44% Mar ___5 Refrigerator $2.25 pfd Hussman Jan 14% May l.Oud 11% & 7% Feb 11% 13% McKee 53 525 200 .100 Oil Lock & Hurd 22% July 11% 22% Exploration Power Power Middle 4,400 — (Harvey) Inc common & Refining— Jun 5 12'/a 23 V2 i w International Marion Miller Humble 17 300 - 22% ..1 Co Watch Consolidated x7% Mar 7% • preferred 5% Jan 700 18 .10 (Texas) Co Stores 5% May 2% • common — 74 ...e Land & Public Maine 12% May 7% 15 Baking Co Hardart & 5 M Jan 2'% 50 * & Co_ A) Hardart 17 Va 8% j 27% Macklntosh-Hemphlll (Co Mar 2% 50 __ (Geo Inc Lynch Corp 8% 7 % » • Inc & a Mar 11% prelerred B ctfs of deposit—. .101 .77% ' Hormel Jan 6% Jun 1 Holophane Co common Horder's Jun * Gas Louisiana Jan 5 M G '<% 6 Va * common 6% July 200 —— 10 _ Consolidated 7% 4 preicneu A oils oi 3% 9% 9'% — 1 . & Co class A (R) Hollinger Jan 6'/ 1 Chain Micromatic Hoe 8% 7% 70 __ 1 Henry Holt & Co common Higble Mfg Co common 5% convertible preferred 5% July Long Island Lighting Co— Common certificates of deposit 96% 100 w w 5,300 20% Star Lone Apr 8 Vb Mar 11% • 4% 6% common Longines-Wittnauer ■ Class Heller Co Jan 5% 15% May Feb Jun "5 _ _ Inc Stores 12% 6 % ' University common Communication A% Mar 1,700 550 — Dept Mining 8% July Class B Locke Steel Marconi 5% 5 VB 25 Ltd common Light Bakeries Corp Hazeltine Hearn • Rayon common Brewing Co Harvard Hecla Co Paper 2,i0d 1 % May H 5% —5 Electric /8 Loblaw Groceterias class A Ma pes Hartford 8 common Corp Brothers Manischewitz Hammermill b% B 1 Machine 1KU1 Tourneau Le Mangel Hall Lamp Co„ Hamilton Bridge 5 8% Jun Feb 1 ptd 4% July 12 Feb 10% • Co $4.40 300 1 Delaware 01 Extension Salle Louisiana 100 Utilities 4% Apr 9 100 8% 1 Grocery Stores Products common Lime & Feb Apr 22% July 1,100 7 % • 31 Jun 1% 5 Great Northern Paper Griesedieck Western Brewery Gypsum Jan Mar Jan % 5,000 4 Mi Jan Tea— Chemical & . 45 4 preferred Lakes Ml 74 pfd__25 Non-voting common stock.. 1% 41 25 - Gt 1% 4,300 * conv 4% 1 Lakey Foundry & Machine Jan Apr 500 Jan 4% Jun ' Apparel inc Lake Shore Mines Ltd 17 100 2% luo j 1,400 Jun Jan 16 2'/a 33%< Co Forge 9'% Jan 11% July 1% Apl 14% Mar 10% July 7% J an Jan 1^% Mar Va 5 11% 44 600 1 ft 10 2 L'Alglon 1,600 3% 1,600 'VB 0 4 May 22 Jun 2 Ve Laclede-Christy Company 5% 3% 10 */ 4 . 109% May 50 common b % 1 Feb 3 17'% 10'% 10 % 5 —1 107 Mi Jan 8% Apr Feb 12% 1 A_ Graham-Paige Motors 5% Grand Rapids Varnish Gray Manufacturing Co__ Great 1( Co Corp (The) Jan li July 12 ' —— 116 Mi May A, Manufacturing 100 July • Manufacturing Co Gorham 8% Feb Jan 5% Jan 7,luj 3% * A Consolidated 8'% May 18 % 12% 1 common prior preferred Goldfield 8/2 111 3% 13 % 5 Godchaux Sugars class Class B * Vb 11% 700 Feb 15% 15 '/a :_l B Inc (Adolf) Inc 4, jl)J 15 Apr 42 32 Jan 24% May Lit Gobel 3,100 lttV4 % Co Kreuger Brewing Co La • Co Jun 25 Coal Distilleries % i • Union 3% 16 % 15 13 17% • common Gladding McBean & Co 8% 2 lb 1 M Rubber (IB) Hotels 3 9'/b July 21 107% May Jan 33 1.4G0 .% 1 1 G 125 111% 1 Mines Gilchrist Co Alden Kleinert 7 375 27% Ve Co common Lake (D Emil) Knott 9UJ 34% 25 Ltd Kirby Petroleum Feb 3% -j Kingston Products Klein 103'% 33 10 111 111% 1 Gold King Seeley Corp Kirkland ~7 Va 100 • Giant Yellowknife Apr 7% Mar 17% July 100% * Gerlty-Mich Corp Glenmore 100 2,200 preferred.. • prsferred Gilbert 8 1'/a 50c $6 8 July 19 100 Service Georgia 6 17% 8 5 pfd 6% Public 4,400 Apr 18 % 10 common Adv Plywood Corp 6 % 6 6 1 Corp common General 6% £1 reg General Globe Feb 50 107 27'% 51 cumulative preferred Kobacker Stores preferred series A Fireproofing common Glen 93 Vi Jun 5% 1 25 General $5 Jan Electric Co Ltd— Amer 5% Corp ... convertible ~7% 16 Mi 1% Alloys Co Builders Supply Corp com General 13% July 1 Acceptance General 200 14 1 mnimnn General 5 % - 100 preferred Gellman 14 89% • common 105 101 • preferred 8 18% 6% 9 17% 18% 225 3% 3% 500 Apr 16% July 2% Jan 8 July 20 May 4% Jun 3 The Commercial and Financial Chronicle (312) 32 NEW YORK RANGE Sale Price fcxcha nge Shares Low Pnf New New Zinc Land Arizona Parle Mining Co 740 2% b74 3*18 6% 3,600 8*4 77b is */4 New 3 Va 1,700 Mar 7 July York Shipbuilding Corp — Founders shares Feb 2 Vb July 6% July 59 Jan 10% Jun 1% Jan 76% 7 23 23 500 9 9 Feb 8 North Central Texas Oil Airlines Northern 1,100 lo Vb I1-/8 22 % July 31 Feb 13 Jan 9 6,-ido i'i % u 500 47 July 17% Mar July 15 % Apr y% Jan Jan j;< Mar 3,200 2% 100 2Vb July 3% Mar lu% Mar tXj a-kA % lu '/« 1,900 2% 3% 1 86 j 10 99% 100% 9% 8v 8 14 * 43 % 1,600 8 iU 290 2% b*% 99 300 Jan Jan Jan July 6% 15,duo 14% Ave 1,200 9% 10% 13,200 "5% 6% 2,100 4% Ryan Consolidated Petroleum— St Joseph izziii Mar 48 3% Rpr 9d% Feb 103% May Jan 10% Apr 13% July 18% Jan 20 4%% jl y - cor>"«»rt1hl#i United Samson CMk.wJ Oil c»"rp & 4 y« 1,500 7% 1 Seeman briek oo A«JC — cn colll iiujlk b $5.50 20% July lU'/a Jan la*/3 jun 23 % Jan 3ij% jun 1% 1% 3,900 Mar 1% Jan 2 100 1% Feb 2-/8 Jun 2% 2 j0 2% July 3% Apr 15 Filters class' B Oliver United Olympic Oxuai • Inc --J Radio Teiev & 1 1% l'/2 1% 4,800 15% ltt% 2,100 13 % Jan lo \B Apr 1% 1% 100 IV4 Jan 3% Apr 400 15% Jun Securities 1 Jun 1% 50 12 July 14 % 2% July 22% Jan 4'/a Jun 30/4 Jun 92." Mar 26 b,800 80% 81 100 . "3% Leather 3% 5% 5% 5% 1,500 1 1% 1V2 1% 8,400 Jun Apr 10% 10% 100 9'% Mar 10-4 Mar 3% 3V4 3% 2% Feb 19'/2 20% 3,100 19 % July 22% Jun 12 VB IIV2 12% 6,900. 11 Jun 14% Jun Jan Sherwin-William* 25 54% 53 % 57% 4,00a 53 V4 July 106% Apr 69% Jan 13% Jan Jun Shevwin-Willlamg Canada • 18% Jun 8hoe Corp of America class A Sicks Breweries Ltd • Silex Co * 17 17% 300 16% Jan 20% Apr 10'/a — 13 % 19% 11 % 11 Va Apr 1 6% July 16% Apr 100 Jun 11 Vb • 8,000 17 1% 5 9% 17 Jan Bhattuck Denn Mining Shawinigan Water <fc Power "1 '• rT- vf 9% % . Shelter 27% July 37% 4% Mar Jan Jun 2,300 45% 115 95 % Mar 3% July Jun 1% Mar 28% Jan Jan ' • common Jan 3% 1 B 28 4IV4 80 V* July 88 Va Jan 100 3% *111% July ■ 1 . % July class Corp 13 Vb May 15,100 1 Safety Control Mar 16,900 1 Corp common ,4 3VB 23 25 Inc B) rtaaio 2 12% Allotment certificates (R Va July 2-/8 25% 3o0 l O j O'okiep Copper Co Ltd Amer shares Overseas 2,200 1 12% ~3 5 prior stock 1% 1 l'/4 1 1 stock 16 15% 15% * common 2u0 1 inc IS 1 25% Mar lo Vb Hardware Convertible 4,du0 4,o00 -- * industries Inc 2.000 17% 1 Shoe Co Selected 21% ^ — Inc Bros % 1 — — — — — 43 % 28 VB Oklahoma Natural Gas '"?■? % van 13% May 3o % 1 General Corp i^cic — Inc common (D A) Securities Selby \LJK.k) iiM, ol/cc. oou44aa4 Seton 43 Jan 14-/4 IV2 Corp common 111% 112% 43% 112'/a Apr 5 va 3% Mar b,UJJ 2% 49 1.//8 35% 9% July * Apr 6% 32 21 1 -uiiiliioia bw profprroH p1«hpr Schulte Sernck % 50c —100 preferred 14% 2 • Light * Power w d ijakicut.1 Semler 0 Power High 10% Alar Apr Jun 0 13% 3% 12 13 ^ oc Sentry Ohio % July 7% Feb 8 x7% 1 ■ Ogden Corp common Ohio Brass Co class B common Low 8% ..i.kO st-uunel /■ Range Since January 1 High 8% 10% couiuiuli— Hyersou ac Haynes common— 14 % May 1z Futh AtiUiittllUCUl CO———————. tvusben-a Jan 12 10 Apr 47 la 99% Northrop Aircraft Inc Novadel-Agene Corp 20% July 2 % pfd—100 4% % 16% July 13 Va 45% 3 V» 8% 1 common Koyaiite Oil Co Lia 1st * a -----50 Ind Pub Serv 12,600 Corp Feb 2% -j- RR Co Penn 11% » Northeast North 10 % • Securities Utility American 15 11"/8 5 Mines North American Rayon $2 pieieireu—od North 13% 11% 1 5 Hudson Power common Niagara Share Corp common Nipissing 16% 14 % 1 Niagara 500 Low Par (The) Rowe Jan New 17 % Shares Jun iud — for Week of Prices Jun 1 65 10 10 York Merchandise 6% 102% May Jun 49 - Rosario YoA Sc Honduras New Jun Apr 30 % May % Mar b.ouO Kb 1 1% 5% May 89 ^ common Co Jan 2,400 57% Sales Range Sale Price High Jan 24Va 12,200 55% J common 2% 5 V4 * Co York Auction New 94 1% 2 , & Mexico New Process 92 1,300 Week's Last New York Curb Exchange Friday 7,700 Monday, July 24, 1950 . 21 STOCKS Low 57 Va New New 29 -1 20 convertible prelerred New Jersey 27% 93 -10o England Tel & Tel Raven Clock « Watch Co 4 28% •> --1 Neptune Meter common Nestle Le Mur Co common JULY Range Since January I High 3 3% 305 Radio National Union . EXCHANGE ENDED for Week of Prices Last STOCKS CURB WEEK Sales Weeks Range Friday New York Curo FOR . 11 Va 800 9% Jan 13% Jun manufacturing Co common 107 iO0 preicrieu *70 of 40; 107 — 109% 900 16% : - — ■ Feb.* 19% Mar* 15% Jan 18 v4 15% 16 4% May 15% July __ * common 1,800 Jan 18 % May 18% Feb 3vs Mar ~ — . 4% Apr Simmons-Boardman Publications— $3 convertible preferred Simplicity Co Can Pacific ; 5% 1st 36% Pacific div Pacific Power & Pacific Public Service •1.30 1st 5% Light pfd common.. preferred- Page-Hersey Tubes Pancoastal Oil Panatapec Oil A) Pen (C Ai 34% 29% Feb 32 3i 400 28% 500 29 23% 1,000 103 • * 104% 102 Va lu2 % 102 500 225 20 Mar 28 Jan 26 27% 103 July Jan Jun 9oIar Sonotone Jun South Penn 23 % July 25 Jan 38 % Apr 41% 2% Feb 4-/4 074. 1 — Parkersburg Rig & Reel Patchogue Plymouth Mills 15% 2~L 2 22 % 300 10 10 Vb 1 Patican 4% U ,4 — 5 i 10 Va 700 "3% 4 % 500 Apr Jun July 9% May 40 • Ltd 20 Apr 3% Feb Jun May Peninsular Telephone $1 cumulative $1.32 preferred cumulative preferred Pennroad Corp common Penn Gas & Electric class A 1; y' , Penn Power & t Penn Traffic Light 4'/a% 10% 1 4.48% Feb 4.08'/0 12 Jail 57 Jan pfd Queen Spencer Apr 29% Jan Standard 100 9% July Feb 12 % May Mar 113% May 107 Water Co & i 1 — Apr Standard 200 4% July 5% Jan 900 30Vb July 40% Jan Standard 3 Va 100 Jan 3% Jan Souiiuard 011 Standard Power 59% 1,000 12% 100 53% Jan 59% Feb 11 Jan 14 Jun tl Pharls Tire & Rubber Philadelphia Co I'' Phillips Packing y 1 19 20 • Co_ 5 Va • Pierce Governor common t % common—_50c common 17% 1 % 300 % Jun 1.600 17% Jan 5% 4,800 4 2t!U 17 20 4% 17-/4 Jun Jan % Jan 24% Mar 6 25% Common Pioneer Gold Mines Ltd.; 2VB 16% 2 50 Pneumatic Scale Q! "it* 3 1 Inc Pittsburgh & Lake Erie— Pittsburgh' Metallurgical common^. Pleasant Valley Wine Co^ :.1 "2 1 Piper Aircraft Corp common i V: Pitney-Bowes 14% 2 Standard */8 Jan Apr Starrett 112 July 1% Mar ~2 i| Feb 14% July 19% May 55% 28 5 52% Jun 60Vb Mar 27 23 Sterling 1,720 2,000 52 Apr 8teel Co Stein of (A) Mining Co Powdrell Sc Alexander common Power Corp of Canada common 6% 1st preferred. Pressed Metals Sterling (J B) 6% 7 Va 2.50 • 15 16 7% 2,000 6% Apr 325 14% Jan 16 3% July 95 Mar 8% 98 Superior Superior 32 Y* 150 10% 10% 600 9% Jan 12% Mar 14% 14% 14% 800 11 % Jan 19% 1 '/B 1% 1 1 % Jan 7 Mar 8% July 4%% of Feb 43 % 17% A 2 6,500 cumulative preferred Quaker Oats 6% 101 100 common % 101% 15% common—* 11% 3 10% 16 11 % 50 400 700 1q 101'A July 14% Feb 8waD l<UVJ.,iv 6% * common. preferred .100 Quebec Power Co 2% 200 2% Mar 3% 4% 400 3% 5 May 2 Jun Corp 1% 2% 2% % Jan Jan 7% July 200 19 500 Mar 2% July Jan 15% May 2a% May3% Jan 16 % 100 10% 1,400 33% 36VB 2,700 5 Va 4% 5 Va 17,100 3Va Jan 8'/a Mar 4% 4 5 3,000 3% Jan 7% Mar 140 142 16% 10% 10 35% 1 • common 2,100 2,200 20 2% 20 1 Light 8% 20 20 4 cummuu o™»terred 1 % 9% 1% 9% 1 9 16 Jun 8% July 33% July 50 140 July 18 Vb Feb 10% May 40 may Mar 173 Co 1 8 7% 8% 900 6% Jan 9% ouip 1 6 4% 6 5,300 41/4 Feb 7 % Apr 1 3 Vb 2% 3% 2,400 2'/a Mar 4 % Apr 1 4'% 4 4% 2,300 4 6% Mar B ordinary • 19% Products cum Portland 18% 1 1% 2o Jail iu vb May 12 % Jan 7% 200 7 Va Feb 8-a Apr July 16 VB 4,200 3% Jan 7% Apr b00 14% Jan 20% Jun 2% 2,500 3 May I6V4 16 1 2,300 16'/B 2'/4 1% 4% 16% 17 4% 16 • 25c 4% 4% • 19 1 Corp 20 21% July 1% 16% 5 Inc 16% Mar 50 300 1 % 4% • Co 1,400 11% 7% ~ 20 21% 11% 11% 5 1 Cement, Die July Jun 21% • common Oil j an 2% 4% • St Jun 2% 10 18 Vb 2% 19 2% 2% % Jan 1% July 250 15% 60O 13 2% /8 Jun 19 % Apr Jan Jan 20 July Jun 6 Jan 17% July 200 24 4 V8 200 5J0 2% Jan 8 % 13 Jun May Electric 100 Inc & Apr 12% Jan Thew 8% Apr Thor Tllo power Shovel 100 350 95 July 109% Feb Tobacco 230 154 Jan 160% Jun Tobacco 13% Mar 17% Jun 16 Va — 16 '/a 525 Amer Amer Tit-Inn R Toledo ti Hallway Si Light Securities—• Co Realty common H Railway Sc Utility Investment i t Bath Packing Co common ".Raymond Concrete Pile <>•*. $3 convertible 10 A common" preferred Raytheon Manufacturing 22% 22 23% 700 21 20% 21 % 300 l July Jan 3% Apr 9% Mar v- 5 il) Va Jun Jan 28 Jan 20% July 54% Jun 27 Feb 1% 58 Apr Feb 10% 26,800 4 4% 300 3% July 6.25 3% 700 3% Feb 4% if Rels (Robert) & Co Reliance Electric & i Engineering Rice-Stix Inc \. Rochester Gas & Elec 4% pfd F Roeser Sc Pendleton Inc common Rolls Royce Ltd— 1% 1 % 1% Jan 13% Apr 211 1 800 7a Apr 27% 28 200 27% Jan _25c Security Trust 25 % 600 23% Jan 26% May 2 % 2% 2% 2.100 2 Field Inc Rotary Electric Steel For footnotes see page Lux 12% 13% 900 90 91 41% 44% 1,500 2% 2% 1,600 Trunz 70c 2% .100 103% 1 =.„_ % - Apr Jun Feb 16 Jan 14% Feb 18 Jan 12 Vb Jun 75 Jan 8% Jan 15 Va Mar 115 Apr 4% Jan 57a Jan 1 Apr Apr 33 '/a — Jun 45 Jan % 1 % Feb 3% Jun 175 101 % Feb 105 % Jun 100 103% 103% 1 warrants AT-. I,- 3 ~2% — • , Inc h Mar . 3 Vb 800 2% 2% 6,700 2% July- 16% . 17 % 1 1 Va May IT'VI 1,350 "16% July 27B Mar 4% Apr 3% May 19% Feb ' _• Lamp Works common convertible preferred 2% Mar —2. zii 20% —- 10 9% 10% 3,300 11% 11 Va 100 Jan 26 3% Jan 14% Apr 11 Va Mar 15% Apr 1 Va Jan Mar • 11% 3% Apr U Ulen Realization Corp Unexcelled Chemical Corp 2 2% 8,500 2 Jan 2% Apr Union 200 97 July 102% Feb Union Oil 35 25 25 Jan 8% July 9 — 7 23 Apr 26% Jun July 6% July 20 36 % 11j% % — 42% Corp Tung-Sol 98 10 33. Corp.. 5 4%* preferred of Nevada Temper Corp 35 5 Co 13% % 9'/2 15 500 —20 Mining Tri-Continental 98 Rome Roosevelt 6% July Ltd— Rnvnlty * American dep receipts for ord reg—£1 Cable Corp common 5 AJ 100 6% deposit rets ord registered. —£1 06 deposit rets del registered. 100 , 1,400 6% • Co July 16 % July 400 10 VB 15 1 Sc Construction Stocks Edison 15'/a 1 24% "7 28 % 800 3,700 6% Mar Jan 22 % Mar 46% May 9% 10% Anr Jun tsu Mar 30 May Investment 5 United United , 3% Co 800 % July 4 3% 900 2 v» Mar 4'/b May 11% 12% -3,900 11% July 16% Mar 8VS • V'TZVb 8 '/8 200 99% 100% 225 3% 7% Jan 9% May Co of California— $3.75 preferred series A Union Stock Yards of Omaha United % 10c Union Gas of Canada 1 9% 15 — 32% Mar 23'/a 24 14% 9% 5 Inc 31 111 15 % 5 . common Jan 6% % 5 _• Richmond Radiator Rio Grande Valley Gas Co— (Texas Corp> v t c j. - 4% 5,700 Apr y __1 1,700 19 % 5% Mar 3% Trans True 80c Beading Tube Corp class A Regal Shoe Co 31% 17% ■ Jun- 1% 21 Va¬ • common 26% 24% 10 • Jan 31 13% common Markets Sc Allied iuuupah Voting |» 31 « Roofing Inc 155% 157 J-« • common common Light $4.56 pfd Corporation Tlshman 95 ■ Co Technicolor Texas 18% Todd Shipyard Corp common r 3% 32% 4'% 1 Finch Tampa 105 M" - 100 1,600 21% Mar 3% May Q • 3 % 41 % 3% 3J 16 2.78 — Co common Tool Thorofare * 3 % 41'% 5 Colorado— Pyrene Manufacturing .. 1,300 10% Mar Service Pyle-National Co j Jun 8% May • Puget Sound Pulp Sc Timber .i Apr 33 % Jun • Public ? 29'/a Mar class Ray Drug common May 31% 10 Va Producers Corp of Nevada j Jun 29% July 27% July Jun (Hugo) 37% May 32% Providence Gas i 27% 700 5 Sun Prosperity Co class B & 200 30 Vb 23 % May Jun 1 America. 27% 2J% 25% Ju.y 4% jan Jun • 30% July Jun 27% 30 VB July Corp Stop & Shop Inc Stroock (S) Si Co common 5% May 19 43% 26 Inc Stetson 4,100 July 25 Va Juiy Co_ {Sterling Jan Mar Mar 44 % 400 Engine Jun 4 18 22 160 200 Inc Jan 4 45 % 25% class Co Jan 2.50 common of 3% 100 Pratt Sc Lambert Co Prentice-Hall Inc 4 25c 44% 27 Canada Si 33% May 28% Brewets Stinnes Polaris Jan 20% B Aluminum Jan 30 % Feb 14 26'% .. Tube 18% 14 25 '/a 27% Corp & class 3% 1 1,800 26% (The) Corp Sterling 10 common 55% 33 • Products Standard o,4uu 3% 30% Jan * Standard-Thomson 39,200 9.700 3 VB lo 33 3 28 vivyj preferred Pinchin Johnson Ltd Amer shares l: 300 25% conv convertible $7 i- 41/4 4 Forglngs 12% __ Jun 4% 25 Co Dreagmg 4% 55 Va 59 Va Pepperell Manufacturing Co (Mass)—20 Perfect Circle Corp 2.50 j < a,,r Jun 4% 1,300 2ft Brewing Co 31% 2 '/b Apr 5% 10% Apr 25 Standard Cap & deal common Convertible preferred 3(8 - 17 Jan 3% preferred Shoe Corp Inc 4% 31% • f- Pep Boys (The.i Corp 30 Va 2.50 Power Co Jun 2 va 8% Mar 2,100 8% 25 auani-ivieyer 400 13 Va 4 8% 25 preierence Pipe bine Southland Royalty 2b% 0% 8,700 3% 8% 25 Souuiern Jan 2% Jun Apr 24'/4 100 42 Mar prelerred—. cumulative cumulative 250 8,200 Jan 2% May 10 preference convertible 4.32% Jan ' Penn uine Jan 24 % 3% Apr 32'/4 325 Edison— 7 % 17 27% Feb 10% 7 Vb 25 4 12.50 common Pid«- convertible 48% 103% 110 108% Oil 4.56% 39% July 3% 16% 15 v» 16% 1 common Jan 250 10 • Corp Jan 41% 25 com 1 3 24% — 38 1 common 5% 27% July 25 July 250 % 1 Calif 40 Va 40% * common 4% July 31% May 630 __ 38 • Co Pt» aouenwesi Southern floeed >':■ £1 original preferred 4.88% cumulative preferred 4% 250% 263 258 ' Coast Jan shares Amer 1,800 Mar Ltd—- registered Corp South 105 ord Paper Mills manuiacburui* 105% 15% 31,000 rets Aircraft 00.16 107 % May 14% Mar 2% dep (Howard) 4% 28 • 100 Co JVianuiacturmg Amer Smith 29% May 29% • 7% binder 29% May 100 *,a B 50 4% 4% 1 common claw 29 Va May 102% July 98% Jan 7% Co. Co 37-/4 May Jan 28% 29 v t c Paramount Motors Corp' Parker Feb Jun 31% • common (C 9% 34-/4 400 —* pfd cum Jun 1,700 33'/a 28 Va 28% 25 Lighting $4.50 preferred $4.40 6% 36 % 28% preferred red 1st preferred-' 303 26 'A 29% 25 5% redeemable 1st preferred—,—25 5% redeemable 1st pid series A 25 4.80% 7 Ltd Singer Manufacturing Co 33 % 1st pfd—25 25 1st preferred 5Va% 7 8 common Pacific Gas Sc Electric 6% t Pattern p'moson'® P 29% • Aircraft Products Chemicals Corp United Elastic • 100 common—50c common 3% "4 5,200 36% 34% 37.300 36% 50 j Jan 2% Mar 43 ~v» "Yn • x98% May 64 ~3% • warrants Corp 100 % Jun 100% 4% 51% A Juiy 33 Jan jjj 40 Feb Jun 72 Apr Jan Jan mar Number 4327 Volume 172 . The Commercial and Financial . . RANGE EXCHANGE CURB YORK NEW FOR WEEK JULY ENDED >1 ' ' Low High Ex-oisiribution : S U S Foil Co U S and International U S Radiator U S warrants. Rubber Reclaiming common 41% 40% 43 12 Jan 17 41% 14% 800 1% 1% 4.7C0 Products Co 18% 16% 19% 22.000 2% 3% 3.700 88% 100 4% 5% 5,900 — II _1 — Jan New Feb 4% 93 Mar 6% 2% Jun 1% Mar 2 50 100 40 Feb 57 50 24 July 28% Jan _ 3% 24% 29% 2% Feb 1,100 24% 23% Jan 3% Apr 27% May 25% 250 3% 3% • Light common Jun 3.300 27 27 __ 400 25 Gas Petroleum Manufacturing Vogt ; 5 Feb 50 68 Feb 30% 100 27 Jan 4% 5% 2,700 X27/8 3% 900 5 % 7% 2% 6% %s A 6 %s ex Jun 16 3s Oct with Oct 2 5% 6 preferred 7% Waitt $2 Utilities Texas 1 3% 8% and 1st ref M % motrgage 1st Shoe Weyenbers 3.550 3% July 67s Jan A6%s too 7% July 8% 2% July Jan Triborough Oil River 24% 100 24 % 31% 475 21 % 25 Jun 114% Jan 2%s Jun 175% Mar United Feb 28 V2 Mar 27 Apr 32% 18 Mj Apr 21% Mar 18% 100 17% Feb 19% 20 100 14% Jan 24 % Mar Corp— (The) Wickes Williams Willson Wisconsin Wocdall Petroleum common Wool worth American Jan 9 9 11 3u0 12 1.800 32 13 12% 1% 1% 1"« —• Interest Steel 6s Aug Quar-Feb June-Dec 1970 Registered ex 3%s revenue Co debenture Cities Service Dec Dec Registered Jan-July Jan-July 1977 3s 4% IV2 July or Friday's Bonds Bid & Asked 1 Range Slneo No. 106% 106% 106% 8 tl04% 105 +161 Elmira Water Lt & RR 5s Ercole Marelli A6%s with Jan. 1 6s A6%s ex May-Not May Jan-July Mar-Sept 1993 1993 A 1956 180 102% 103 103 49 102% 102% 100 107 105% 107 Western Trunk Ry 1953 & Western 1950 4s 95 Ve 40 96 90 35 58 43 58 55 31 40 $36% $45 64% June-Dec 100% 101% 101% $45 104% 63 60 $20 1956 92% 93 Mar-Sept 1954 91% 93 June-Dec Feb-Aug 113 102% 103% — 97 107% 120 101 % 106% 106% 118 106% 117% June-Dec 1900 5s 105 Week's Range Last Interest or Friday's 5%s 5s 103% 106 173 102 High Danzig — No. 28 91 % 99 + a 100 Low High $70% __ $70% __ June-Deo $49 51 46% $84 90 79 67 70 . May-No® Feb-Aug 1955 Waterways — City (Peru) 6%s stamped stamped (Plan Ai 2008 ALlma 108 $7 1958—Mar-Sepl 963/4 stamped 7s May-No® June-Dec $33 37 $49 of Bogota— Bank Mortgage 1951 101V2 A7s (issue of A7s (issue of Oct Bank of Chile 6s 1931 Bank of Denmark 5s 1972 14% 95 89 9% 23 33 38 46% — 54 50 86 $80 48 80 -- $46 50% 37 $47% 50 50% $47% May-No® April-Oct June-Dec June-Dec 1947 1947 1927> 1927) May 100% cj 7 8% 21% Interest reduced to 2%s 53 ya . 67 u v, 18 $17 Maranhao 112% 71% 71% Jan-JuZf 1952 6%s stamped 78 76 AprfZ-Oct Jan-July 1953 Port & AExternal 102 98 % Jan. 1 Sold 104% 104% Range Since Bonds Bid & Asked Sale Price Period Loan— Cons 52 60 25 40 42% 52 8. 100% 100% 36% 25 tl 15% 115% 99 % 115 — 60% stamped (Plan A) Interest reduced to 2%s Parana 47 103% Peru $40 57% — 118% (Republic de Janeiro ARussian ao 2%s 1%S to Interest 61 91 %s 33% Mar-Sept 2008 of) — Jan-July (ser A B C D E) 1997 stamped (Plan A) 2% 2012 6%s Government 22% 1919 1921 333/4 2 31% 37% 21 22% 295 18% 25% 31 38 36 $33 Jan-July Jan-July June-Dec reduced to June-Dec 69% tC5 52 $ 2 Ve 2% 2% 15 3% 2% 2% 2% 2% 3% 99% 102% 102% 1 102% 102% 71% 100 104% •No Odd-lot e par A6V2S (Dec 1 series A7s E (Aug series A7s C a Deferred delivery transaction range), (not Included In year's 52 +36 40 58 f65 65 55 f 65 61 f65 63 55 f63 60 165 11 60 95% tive; "conv," convertible; "M," mortgage; 65 58 f 65 27 68 91% "w 45 45 38% 43% 18 58 88% 52 55 86 6 61 95 27 55 92 — Sec— June-Dec 1955—. 1941 coupon) 1955 Feb-Aug 1957 1941 coupon) Jan-July 19524 (July 1941 coupon) 1952 (not included In years range). f Ex-distribution, g Ex-stock <U\rldend. A listed on are the daily closing averages the New York Stock Exchange as bid and asked prices; no sales being transacted during current week. deposit; "cons/'consoUdated; "n-v," non-voting stock; t c, voting trust "x w," without warrants. above—"cod," certificates of ce 1," when Issued; "w w," with warrants; ' 15 20 t Indus- ' •Rail- Util¬ * roads ities trlafe Date— Over-the-Counter Industrial Stock ; total 65 Stocks 10 First Second Grade Grade Util- Rails Ralls itles 101.94 102.16 89.94 104.18 90.11 104.07 10 Industrials - 10 Compiled by National Total 199:83 ——1 — *38.14 71.24 Closed Closed- 99.56 . . - July July — 99.62 197:83 — July 20 i._2. 54.81 37.93 70.86 101.94 102.34 56.36 38.20 72.32 101.99 102.76 90.82 103.96 99.88 205.13 57.01 38.43 73.27 301.94 103.07 91.04 104.14 100.05 207173 58.77 38.39 74.37 101.95 103.27 91.57 104.16 100.24 July 20765 59.46 38.46 74.61 101.95 104.02 92.40 104.22 100.65 July tRfcviscd.-'figure>- • i»#-. -'.1! 15 17 July 18 July 19 Range Closing Date— 201.88 July 18 July 13July 21 54.38 Quotation Bureau, Inc. -40 Bonds , 14 July; 15. July 17 July Average <35 Stocks) -Bonds10 ' - §Reported in receivership. Abbreviations used of representative stocks and bonds compiled by Dow, Jones & Co. -Stocks- 30- J?" Bonds being traded flat. Slock and Bond Averages Below ni range). r Transaction zEx-llquidating dividend. $40 Jan-July 1958 1957J F value, transaction principal, n Under-the-rule transaction (not Included In year's (not Included in year's range), xEx-dividend, y Ex-rlghts. $Friday's Power series %s A 7s 40 — $20 1956 coupon coupon Valley 7s 1948 Municipal ACauca External 279 market Ex-coupon International A 7s 35 89 % 77 95% 80 Hotel— Agricultural Mortgage Bank (Col) A 20-year 7s April 1946 A20 year 7s Jan 1947 Bogota (see Mortgage Bank of) External RR— series A (coupon on) A 6 106% 194V4 Friday 109% 29 96% 60 Mar-Sept Jan-July . 1963 Mountain. Power 3%s Guantanamo 6s 106 106 % 106 Va Feb-Aug 1953 New York Curb Exchange Rio stamped 1961.J: 5s 103% Residential Mtge Bank— Finland Green 106% 101% Foreign Governments and Municipalities A 5 Grand 103% "4 Authority— Newspaper Union— s f debentures 1959 106% 51 100% 101% 96% 100% May-No® May-No® 1953 1940 coupon 1947 coupon 1 Nov 106 $76 — April-Oct conv High Mfg Co— Elec Nov 1 r May-Nov Traction Penn Western Mortgage Fuel 3%s 1965— & 105% -. „ 104% Division— of N' J mortgage As series B Gas $104 $102 Jan-July coupon debentures Low 166 — — mortgage 4s-- series A 1st 108 104 104 104 % Feb-Aug AMortgage 1st 105% 105 104% $106 % Jan Delaware Lack & Western RR— Eastern 104 52 Co— 1940 1947 1 income A5s Feb 2 Sold Hioh —— Lackawanna 104% May-No® Apiil-Oct Washington Water Power 3%s 1964 AMedellln Authority— series of 1947—1978 103 % 109% __ Apr Transit Chicago 104 Va 13% May Feb 102 Jan-Jury Mar-Sept 1948 1954 105% 102% 106 103 Va 103% UC5% 3%s 1970 1969 Service Apr 16% July — debentures 104 107 V2 May Week's Range Bale Prlee June-Deo Jan-July Central States Electric Corp 5s debs 5%s 1940 1 Electric Danish 1998 1 2%s series A 165 104 1 104 104 1947 coupon 1953 1 revenue 12% Mar 35% July 13 3,200 Last Period Exchange 160% 5 1162% 164 Low Appalachian Elec Power 3%s 1970 Atlantic City Electric 3V4s 1964 Edison 61 4% Mar 10 ya 1,200 Low Boston 55 145 Jan-July 1971 Aug Aug with 14% Mar 3% Mar BONDS Bethlehem Anr 104 y» Mnr 200 13 11 Jan 26 to ; — „ — ... — Closed 34.32 for I960 High 37.89 Jun 23 L0W__— 34.25 July49 34.47 Bange for 34.87 20 35.31 High 21 35.71 Low - 1949 35.20 Dec. 31 -27.79 Jun. 15 . '•'* 99 Jan 9% 3% 500 3% Friday New York Curb 1970 BONDS Hargreaves Ltd 106 May May 5s £1 receipts deposit preference Wright 7% 4% May 28 12% 8 .___ 1973 B Industrie.'— stamped 1946 Ltd— W) (F i'no COO 106% 107% 2 Industries Inc Woodley 67c pfd Apr 8% 3% 31% • 100 — 4%% Lt & Pwr % 11 11 33/b 1 105 98% (Calif)— Bridge & Tunnel A7s 22% Mar 6 25 25 preferred w w 5'ir preferred x w_ Winnipeg Elec common 5r/' 4 Jan July 12% July 12% May 1 Inc. Products Brothers common Wilson 15 8% • & 2% 500 200 15% 2 Mar-Sepl Jan-July Feb-Auu April-Oct & Bros 5s 1989 5s coll trust 1966 Waldorf-Astoria Jun 6 8% —_5 Co C) iR 3 3 15% 10 ex A7s Feb 18% 1 Co Corp— 106% 105 Mar-Sept Corp— stamped 1946 with A6%s West & (Wm) Whitman Wichita 1043/4 Hydro-Electric Co— 8% 20 —5 ; 104 105 May-No® 1981 Inc 2nd A7-4s Terni 39 .1 Mfg Whirlpool Corp Apr 21% 31 % 105% 1 6 104 Apr 157 10 Inc 1073/4 (Hugo)) 3% 24 % 104% 104% 105 — April-Oct 1965 3s Gas & Electric 3rd 7-4s 112% Maryland Ry 1% 1st pfd__100 Tablet & Stationery com —• Westmoreland Coal 20 22 (Hugo) A Stinnes 2% Western 106% 120 1952 3%s Gas Gas 3s (A G) Corp Jun 2% 13% Feb 117.600 105 % 104 104% Jan-July Corp 3s 6s B series 3s Southern Counties 1 , 106 4 30 Co— 1973 A California Southern 3% Western Westmoreland 112 Feb 103 106 $98% 100 April-Oct 1960 1960 coupon Gas & Edison California series 8 | * preferred $6 Jan 0% Jan 9% 1% Mar 1.25 Watch Co. vtc wi Baking Co warrants Manufacturing Wenlworth West 109 150 10 10 10 2% 1940 Harbor Water Power 3 %s 2% July Jan 5% July 1 30 preferred IWaltham Ward 1% 200 100 Inc Bond & cum 1.400 2% 5% 1 1947 coupon 1 Joaquin Lt & Pow Stinnes 2% 104% 104% 105 106 Jun N • 1964 3s 6% debentures 1998 Borough Gas & Electric— 5%s series A 1952 Starrett trust ctfs ext..• 66% 104 106 ■ April-Oct April-Oct Jan-Julf June-Dec Jan-July 3%s 1968 50-year Spalding Wagner Baking voting 103 60% 1 64 64 Mar-Sept May-No® 1971 1st mortgage Service Electric Southwestern Waco Aircraft Co 101 % Queens 4% May Jan 55 % 44 43 Hydro-Electric Co— A 6 Public Jun 32 Va Mar Feb 44 April-Oct 1961 1970 3%s Jun 80 3% Mar 12% 3 20c • Inc 3,200 30% 1 Vanadium-Alloys Steel Co 6 73 5% 1956—— 1967 4y2S 1st mortgage mortgage Southern 5 73 1 5 • common convertible preferred 63 120 Jan-July Feb-Aug 1963 to Light Lexington Piedmont Jan —10 1% % 98 56% Afar-Nov 1963 Pennsylvania Water & Power 3%s 1964 Apr 24 1 common 1st Park Apr 50 24 _5 Syndicate High 79 19 *45 1952 coupon 6s England Power 3%s Ohio Power Jun „10 Corp Venezuela CO% Jun 2% May 19% July Jan 4% 1940 1 4% at Milwaukee Safe $4 Jan. 1 Low No. Valley RR— Extended Apr 1% Mar 5 Midland San Venezuelan 79% 80% 1952 coupon McCord Corp debentures 4Vis Jun Jan 84 1940 1 Superpower ■" 2% July 88% 6% 15% July 3% • • Sugar Valspar Range Sine* Sold High Hydro-Electric Co— 49% Jan 1% Mar -10 Universal & 41% Jan 1 4% July 1 Oil Consolidated Power 40 % July 100 13% Co Insurance Utah 2.700 common Universal Universal Utah-Idcho 42% 1% Securities— with Corp 40% 245% May fan July 16 _. 41% 1 B preferred 600 1 U Stores Altalian % _10c Specialties common Air Conditioning Corp United Nov Apr 200 236 —25 United 1st with 4 3% 25c —10 class Nov % r. common- —25 Machinery Preferred with 3% 3% - -100 common snaring Shoe A 7s * preferred 10% United Isarco Jan 3% July . Feb Jan 19 A7s 17% ■ Jan-July 1952 certificates escrow Jun 10 i '/e Mar — t & Canal RR NJ riuiu ADebenture 17% 13% July 12,500 « deposit rets ord registered United Umteu Bonds Friday's Low High Ltd— Co Molasses 14% 13% 14% 7 participating preferred Amer or Bid & Asked Sale Price Period Interstate Power Co— — United mux Prouucus common United Weeks Rauge Last Interest BONDS New York Curb Exchange Range Since January 1 Shares Light & Railways— United $5 of Prices Low Par 7oc for Week Last Sale Price Exchange New York Curb Sates Range Friday STOCKS Friday Week'® 33 (313) Chronicle • H, 4 The Commercial and Financial Chronicle (314) Transactions at the York Stock tew Daily, Weekly and Yearly Number o) arm 1950 Week Ended July 21. Shares —' —— — Wednesday Thursday - Friday 402,000 228,0'J0 410.0C0 275 600 . ^ 281.840 5,248,000 Thursday 66 000 4,000 47.000 26 000 176,000 78,030 7,030 449,070 2* Friday 111,000 11A000 3,000 226,000 $330,000 $41,000 $1,155,000 — '• , Total 208,000 158,000 „— $28,894,600 $209,000 $1,000 $27,000 $181,000 178 000 ,—I— Wednesday 240,760 ■497,435 Tuesday 7,050,000 $14,000 $12,000 Total 342.085 5,426,000 10,000 Foreign Corporate Government Domestic Closed 6,963,600 ' ^ £1 * $784,000 1,811,190 '.-fey— 251,000 2'i!,00 Jan. 1 to July 21 July 21 126,535,796 1949 1950 154 ft ?950 4 1,811,190 1,000,405 $784,000 330,000 41,000 $593 000 $19,246,000 $1,155,000 30,719,674 61,073,961 of shares Stocks—No to July 21 Jan. 1 Week Ended July 21 1949 1950 282,968,326 5,285,878 11,744,213 shares of Bonds <Par Value) Foreign oj Shares> Saturday $4,207,000 $4,000 2,000 $1,730,600 Week Ended Stocks—No, Y Week Ended July 21. 1950 Closed $414 000 $10,000 $27,1.8 000 11,744,213 Total Stocks (Number Bond Sales Bunds —- • J00 .» 4 L i,„0 '51, ui) 6,iv, v„0 6 06., 600 1,523,055 1,822,920 2 427.2.8 3.103,470 2,807,520 Monday Government Bonds * . oaturday Tuesday huietgri » » Total United States Int'l Bank h't> Monday, July 24, 1950 . Transactions at the New York Curb Exchange Exchange Daily, W*'<ly and Yearly Stocks . . Bonds Foreign 12,000 & 331,000 61,438,610 52,403,170 $634,675,010 $22,938,500 ;28,894,600 Total FOR _ _-e 4« Total WEEK ENDED JULY ' ' ,ck v Drti ; - ■ . : ' : 1 sales Share* < " . High 50 40 46% July- Sales 86 » rWs* Raage Sine* January 1 a res 'Low High 25 26% 29% 385 25 63% 66% 105 62% Julv 10 fc 5 " 8 "2 % ';X. 29% 29% 41%50% 163 38% Jan Service City 52% July 5,203 146 % Jan 161 % May 625 21% Feb 27% Mar 35% July 33% May Jan 117% May High 307e 25% July Cities Jun 41%; 4^% 14v,% 152 % ' for Week Chrysler Corp Range fllneo Jannary 1 Low. __o.. $26,770,000 Chesapeake k Ohio * Products i, ( ^ • • , $29,636,000 of Prices Low Par - for Week Pa ■ ■ Agricultural Chemical— American , of Price# •we • h 1.051,000 $742,000 ' Range .i8»le Price Rang1# 8TOCKS 1,486,000 Week's Last Exchange -*V; 6,072,000 8,904.000 10,000 21 Fridaj Boston $19,647,000 139 000 EXCHANGES STOCK RANGE „ Foreign corporate $445,469,270 OTHER ;_r government Foreign 391,895,100 572,725,700 21,562,500 27,138,000 Industrial—!— Domestic 831,000 1.358 000 — : Railroad 15,000 1,730,600 Bank Bonds $340,000 $179,700 $3,000 $14,000 Government S. U. International • - 10 4% July 29 ■'."i'S 9% ... " v July . - r 80 Jan Jun May 34% May Tel Si .100 - - luaconda & 'iuMon Albany RR 100 _ 1st A prior pfd —100 class B 7% class 7% class C 1st pfd stamped— ..100 Personal Prop Trust — "» • Providence & Boston RR___. — 5% 5% 5 5- Jan Jun 40% 3% Feb 5 5% 5% July 5% July Packard 4 % Mar 5 Common Pure July 22 Jan Radio 75 75 75 10 66 Jan 85 adjustment .o Lines 88 -terii E' — 5% Feb 4% 95 5% July 397 64% July 79% May 3% 100 «> Stores—, fNMiionai ». 4 - • >8 - Jlllette 8afety mircou • 37 33 % d —— II—1 ... Theatre... Central __ - 9% ■ 13% 34 3 u 68 y2 Jan 9878 Jun 10 V* 3 14% Jun 22% 22% 223/4 Jun 14 20 76% 3% 15'% 50 32% 35% 108 26% 16% 115 12% 34% .76 371/4 75 31% 140 45% 2,261 31% July 9% Jun 42% 49% Apr 59 Va Oil Stanuaxu >4*— 20 13% July 16% Feb — (Ky.)___— >ju ' 8 386 13% 64% 64% 75 41 % 19% 20% < 10% 10% Jun 1 34% Apr 14% 23 70% 48% 50% 215 47% 49% 120 45 17% 18 130 Jun - Chemical Corp 100 -- .leigenthaler Linotype - - 0 ' ._ • — 47b 18 Jan July • Jan Feb Jun Jan 23 % Apr Jun 37% July Feb 16 10% July 43 Jun 21% Jun 133/4 Mar 20% 20 Va 52 20% July 24 % Mar 49% 497b 63 47 50 % 34% 343% 15 343/8 July 70 75 3/s 233 28% 2 57 25Va 27 27 62 27 34% 343/8 50 33% July 32% 35% 850 257s 30% 317s 150 29'% July iv - —— — : 1" 1 — 1. • Bearing 40% July 1 1_ — % July Jun 39% May Jan 66 79% Jun Jan 31% Jun 35 Jun July 37% May (new) : . _ 1 12.50 Westinghouse Electric — ■ — 75 July 42 50% Jun Jan 37 Va Jun 36 Jun Jun 62 58% Mar tfiSwR. . ^h-Kel vlna tor —B _ -JaUonal 8ervice Cos 1 18 ■ X 20- England Electric System c.ii8.iand Tel & Tel -10C — 10% 92% - -2.50 92 IdC % 11 Butte Mining Rexall Drug Webster & Union Twist United-Car 6% "1 Machinery Vermont & ..'a-dorf --1-0 Mass System Ry Co — - Jan Jan 70c 14% Jun 18% Mar July 7% May 5 14 14 105 13% July 16% 16% July 23% 30 % July 36% • 22% 23 Feb 50 % July 42 1,207 40 41% 66 40% Jan Ford DETROIT Building TeUphon WOodward ei 2-5525 42% May 4 J% 105 37% Jan 46% May l&~,8 12.50 233 32 July Jan 115 25 12% 2o July 65% Jun 49% Jan 120 Detroit.Stock Mar Jun 14% 36% Jun Exchange Jan 29% July 11% - 8 'a 1,410 Week's Sales Last Range for Week Sale Price •vestinghouse Electric Corp of Prices Shares Friday stocks H Par Cincinnati stock Altes Exchange Metal Prod Range of Prices 3ff- Laundry (Philip) ui.uituu ii.nail Jan Apr 2% Apr 14% 15% 331 14% July 32% & Electric 36% 161 32% July 5 5 100 5 w 457 29 Bell June __ Railway « 21 29% 10 23% 30% 135 26% 25 common Mach Mill 8treet 4% 4% 386 4% July July Jan 7% Jun 7% 35 68 957 67 % July 80 17 18% 145 15% Apr 19% • 30 30% 356 29 July 42% 54 57% 275 54 July 15% 15% 50 a Randall "B" 2% 2% 8 a 57% 62% 1,147 S. Printing Jan 18 2% Apr 55"% Mar 2% Preference 16 Jun 20 % 11% Jan 14% rrncr <•! 32% July 39 47% 47% 50 46% Mar 49 May 11% 11% 149 % 151% 40 9% Jan 459 146 % Jan 615 2^% Jan 10 35 '4 3 6% Mining 1 Pe,o % 1 1.148 Steel • 36 % 40 56 hiehera 38 6% 100 ^10 footnotes see page 43. Apr 63 July 81 Jun Apr 3"% July 21 *30 2,055 29% July 6% Jun 35"% Mar 8% 7 21% 22% 8% 1% July 1,025 21% Mar 3 100 2% Jun 5% 219 2% 150 23% Friars Gar 3 Truck—'—it-.; Motor Ale Wood _ Brewing^ 1 "2% Industries—'-Jii. 1 ... 2% 28c 28c 4% Mar 2% Jan 26c 1,100 Jun 4 Va 600 4 July 82% 3,051 70 Jan 8% 3f>0 1 —1 4% 73% 4% lOg: Erewing 30c 8% 1 Motors General 5% _t> '——III Brewing Tr.-.* Feb 21% July 300 2 Apr 7% 5,250 8,143 1% 23 23% 6% 443 TVs 22 % 8 8 5 20 991 30% 7% 7% 6—1 19% 30 % 8% 6% July 7 a July 34!a Jun 12 Jun Hall Jun 161% May 39% Jun Oil Ss- Cflemicai 1_— Lamp 1% 2,100 5% 290 8% July 8% July 7% Jun 8% May 24 2% 24 3V4 May Apr May Jun 6 % May 3% Mar 44c 6% 99 11% Jan Apr Jun Hoskins , Feb 3% Feb 10 12% Apr 16% Jun 12% 12% 110 1vV4 Jan 14% Jun 10% 10% 100 10% July rj. Lansing Stamping 1% Jun LaSalle Masco Screw __1 Products . ^ 2 1 . *:25 1% 1 : 6% " •, 1 __j.' . Wines 5% Apr 100 100 — . 6% May 4% TVs — 4% Mar 1% May 15% Z—~ Drug July 4% . King-Seeley Kinsel 1 15 % Houdaille-Hershey common Jun July 5% 5 Manufacturing;< Kaiser-Fraser ~lVa —1 Manufacturing common —.Hoover Ball & Bearing. 8% 40 i.£ Higbie * Apr Lakes Great ." —TV'-. For 15% 19% __ — Baler Co Economy Mar Telephone & Telegraph...100 nt^ei Manufacturing Benguet 122 l Steel Federal yr-R. Airlines American ■ *vco 13 32% Stocks— Unlisted American 12% July 900 67 Jun Apr 16% 65 903 ' Apr 67% 32% 190 Jun 1,350 €4 % Iron.I— Corpi— Gray Goebel 4 16% Jun 18 Va 13 Va ' Jun 50 —_H 35% 12% common—I- Bros Frankenmuth 5 common 41% 12 % Edison Detroit May 12% U. Apr Jan 300 I6V4 .25 Motors'" Detroit 65% Mar. common 20% May 13 V* '223 23% ie% Machine— -J1..* 6%- Jan Jan 28 Va July 40% 23% Cleveland Navigation & Detroit Jun ♦ new Detroit Jan Meteor 35% 600 . 14% ^5 .-iit, Power Davidson Mar 67 15% 40% ■« Paper .common.. Consolidated 32% May 5% Apr __10 •• 13% * Corp Consumers Jan ..50 Lunkenheimer 1 390 —— Adding Continental 20% May 39% May Tel Insulation G Chrysler 21% July 3% Feb - Kroger & 6% 18% 100 3 « Picher -ofmica P 14 215 10 Gas Sub & inr 7% 21% Paper Cincinnati Eagle 7% 3 4% 16 y« High 21% 1 >nplot <ij< Low Hia* 4% 15% — High Lev 4% July 4% 16% Bearing Company Burroughs Range Since January 1 High —a .-.2 .... Manufacturing Budd Bangs Sine# January 1 20 Mach Churngold Corp ■ Shares •* Lalcrank Jaroy Loir Week Roller Briggs Sales tor Low *-.-*<*«-• —1 Brewing American Bower Week's «la, STOCKS Aluminum Exchange Exchange 28% May 3,944 116% 116% _ Curb Stock Jun 405 200 26 24 08% 4J% ' Midwest Exchange..— Jan 28% New York Exchange Stock Detroit Stock Apr 25 York New Jun 380 41% ' — Members 102% May 29c 40% — 100 _. 92 958 18 a Inc_ 380 2,5UU 31 25% -25 & Co. Lerchein 13% Mar 24 ' common. 1-25 _ July July Jan 52 ' -,-2 • preferred 10 % 5% 5 13% Corp Co 1,189 Watling, May 17% 5 Drill— 30c 31 • Rubber Co S 5% • Fastener Shoe oited 60c " Fruit -iitcu July 18 • Inc. Co rrmgton 51c 15% 2.50 — _ Association ma wmut Dtone Co 22 14c 92 % cOe 17% North 15% July l,bUJ '• Mar 363/4 89% Mar Jan 0 Jun -:.1Q 44 U 8 Steel ? ; Apr 36% III25. —- fOhiol Roller 15 50 11% Mar 61% July 80 46% — —— \ti (N . ~ 5 80% Mar 21 9% - (Ind) Oil Timken July 707 38 40% i 50% May Jan 41 • • Brands Jan 3% July 3% 5 Oil Btandsrd Apr 20 , July 26% Mar 15% — * IIII5 Standard 21 ;il% 50 33% , , Apr 10% July - — Standard Feb 25 14 33% 50 Industries Roebuck loy. July 15% r-~—- Standard 40% Mar July 64"% July 79 Corp 85 Va 14% RR— prelerred Mathieson 25 ..... 78% --I—"- — vacuum Southern Co Jan 24% 19% July 1 % no S'' Cement Star .< Maine ' Copper Boston -.oew's ■ Co Razor Bakeries Hathaway 41% 3 • Jun — Socony Jan 41% Apr 26 34 34 • Electric 50% m Studebaker jeneral Jun J nil Apr 75 May 32 5 d . Employers Group Assoc 58 146 60 35'% 4% 3 % May 5 60 — 100 • lnc 413/4 -11 '/to • — uurp Sears 6% May 70% 35 ~ , 34% July 131 Jun 303 5% 65% 100 class preferred 50 45 Va Car Motor Oil Jun 19 _ preferred 5'/o 34% 42% • Ry— 6% 34% 10 Pennsylvania RR Apr July 390 10 — _ 5 Stores^— Oil 3% July 40 100 3VH Street Mass ttaatem — 28 7« July 0 452 "% — 297 Central— York Ohio 20 5% Ualumet & Hecla Service 29% Distillers National New Apr Schenley Cities Department Apr 14% 32% 50 19 5% 100 28% General Motors;— 2U . ' 11% July 8% Jan International Tel & Tel— 593 5 135 Electric General Jun 1,130 5% • 335 10 Va 10% — Power 6 Light Jun 15% 5 3% 1st pfd unstamped. —lUO 1st pld- unstamped —100 11% 9% 7 i, 51 4 4 11% ._i 42% July 3,136 '"% 35 % — class. A 1st pfd stamped— -.100 8% rto-ion 107 39 1 - 39 unstamped —100 pfd 5% C Day Federated 15 43% 42% 7 ' Gas Curtiss-Wright Railway— Stamped class 373 33% 113% 114 25 Elevated Boston & Maine RR 7% 5% 30% __ -.100 Edison Boston 33 31 50 Copper Boston 151% • Woolen American ' —100 Refining Tel roerican III-l • Columbia ^ Sugar .uicricau . TVs ' 200 25 —I.1/*... . a 2 Jan 4% 2,355 'Jan 7% Jun 21% Feb 1J% 31% Jun Jan 1% Jan 2% 350 1% May 1% Jan 3% May 5.5 1% 2% 266 2: 2 200 2% — 14 2 % 1% 2 - Jan Feb Apr 1 Number 4927 Volume 172 . The Commercial and Financial Chronicle . . (315) 35 — oiHft Week's Range Shares Fridaj STOCKS Low Par Michigan ENDED JULY >1 10 1% 1 Jan 21 -30 J 21 July va i/A 7.0 lu% Jan 3% Pr»«.« 3% -,470 2% Apr 3% May 3 '/a 7JJ Jade 20% May 1. 1% July Oil Stamping Packard common * Car Motor 3% 3% 36 Metai Peninsular Kaiser-Frazer Jun 3% July 797 4% 45% Kern Jun 35% Lane-Wells i% 1% 5 JO July 2% Jan wdbby 2 J-,4 5.3 19'A July 24% Jun Lincoln 15% .-218 *11 Va Mar 15% Jun 2 % 2 I/4 6% — L % a -a14 Rickel (H W) Co & 2 ______ 5 River Raisin Rudy Manufacturing Paper O '2 2 % 2 10 12 11% 12'/a 11 12% 2 6 V* 12 _1 1UO-. 550* . 1 -- _ 350 - % July Mav. 2 Jan 11 Sheller Mfg new common Manufacturing Soss Standard Tube B class _ 1,-000 _ common . 1 8% __ _i - July 11% July % 2% __ 15 lo% _5 1 Corporation 8% Mar 2% lu ,2 100 Feb 2% Jun 14 ,4 Shirt United States Radiator Loew's & Jan oos 7 % Jan Los Apr Mascot Jun Menasco 10 Va Jun Middle 4% Apr Feb 13% 2 j.) 8 July 9% Oil Jan 6% Jun 33% 15-" - Hotel Co Los Mt • (Un) Utilities Power Jan 38 Jun 40 Apr 42 May National 15 July 16 May New ^■200 • 1 Apr & (Un) Inc 1% Nordon Jan Tel Viscose American Woolen Anaconda Copper Steel Armco Lou & Armour Atch 1,175 J 200 2% Jun 235 23 >/2 July ..:4.3,272 4% % a a31 % 'v a , 10'A Ai 12 18% (Un)__* " 152 14 j% 20% July 1,5"0 r,. a52 a55% a55% 100 Co 2 11 12 la l ll7/a July 82 1.2 54% May 146 % 2,bj J "Un« Co MOO Co & Baldwin 1 (Uni_ 10' 25 a 123% a (Un).._ Inc Petrui' uauuiiii Barker Jan 38% 4 Corp Inc___. Borden 35% Mar 5 -vpr 5. i- 55% .... ... al6'/a al8 190 aB % aSVa a22% Clary Jan 39% Jan 10% 120 Apr May jljA Va 10% Mar a 250 1 Jun 2'/a ri% Jan 1,1 15 11'A Apr 15% 9 Vt Iron Cort A 7'/4 Jan 255 25 Va Jan 1,850 4% Mar lJU 809 151 59% , . 50 1 Un) (On; >> 01 » Feb 70% Co Corp Motor Car American 12% Jan 21 July (I 900 14 Mar 325 33 Jan 12% 16% 745 I 2,1*3 72% a66% 72% 129 a 18 18% 18% a 1 j. 72 18'A World RR Co Aircraft % % un —— Co & Nemours Share Co 2% 17'A Feb 30% July 35% Jun a6 Co (Un, 15 49 Va 622 3% 435 9 '/a 9 Va 120 a23 a23 July 76% a80 % Pictures Oil • • Mar 55% Apr 3% Jun 4% Jan 8 Jun 11 Feb 19 330 17% Febr 21 Va Apr, 18 2,0 76 14% Jun 18'A Mar 8 Vb 8 Va 196 7% July 12 a52% aSOVs a53'/8 381 44% Mar 51 Jun a36Va a34% a37 Va 160 33 % July 36% Mar Jan a34 a35% 270 26% Feb' 36 Jun 1,863 12% Jan 23 16 Va Ap: 15% 1 (Uh) 15 Va 6% 6% 6% 216 6% July 9% Feb 3% 3% 100 3Va July 5 % Jan 34 Un,. Corp Corp.. (Un) 37 Va 2,750 2j '/8 Janf Gas & 20 20'/a 1.64j 11% Jan* 50c )Un> Company_J . < i Inc Ranch 1 ' 5% 147 20 V2 48c 447/a 1,282 C % 6% 3,600 30 60c 44% 30 Va 510 41 Va 1 Company Co Paper 430 5Va 22 Va Company 30 V2 5 (Un) Industries Finance Oil Co (Un» 17: 62 %c 507 A Natl 15% Mar Apr Roebuck & 1174 Feb 14 '/a Jan General Motors 4.48% Public 84% 25 19'A Mar ■ ■ 400 2% July ...1,950 1 (J 50 26 Va J all 5'/a July 6V4 Jan 8 29% Jan 35 60 c of Calif class A Hancock Oil Co Calif Jan 9% May 36% July 16% 3,234 Apr Southern .. Oil Oil Co Oil Co Jan 10 Va July a23 50 22 Va Jan Corp 12% 14 % 4 16% Mar 72 Vt 83% 1 -1,000 Jan 8c Co 46%-... 15% July 12.% 535, 62 %c- 4 Va % Jan - 21 302 Jan 310 ..18 July 37c 401 ,.*,.4 250 15% • 187 t. Jan 21lA May Jan Corp For footnotes . see Un) Jan 98% 15 'A July a 4o2 22 Va 31 a85 43% 9% 253 123 . r Feb Jun lSVaMar page 43. 24c 2,100 16c 25% 27% 3,128 22 Jan 28% May 19 Va 21% 2,458 16 Feb 21% Jun 3,389 Jun w, 88% May 44% 9% 21A a 44 % - 4% 32% 31% July 36% 26% 506 26% 28% May 23 28 258 27% July 30 30 a27% a23 % Jan 31 Vb Jun 100 9 30 July 33 Va Mar 120 28 May 28% May 34'/a 34 Va 12 34% Jan 36 Va Mar 13 13 Va 1,120 16% Jun 22% Jun 10% 1,055 10'A July 13% Mar 59 Va 3,331 50 Jun 59 Va July 37% 37% 263 33% Feb 38 Va May a20 125 21 Jan 24 63% May 65% 1.675 61 Jan 72% Jun "43 s51 '/a 232 42% Jan 50 Jun 25 a69% a75 Va 217 66% Jan 79% Jun Apr Jan Gulf Sulphur 763 25% July 35 Va May 10% 13% Jan 19% Jan Api 13 2,196 20% 200 95 123 36'A May 37 Va Apr - Truax-Traer ... Coal a68 132 60 Va Feb 71% Jun 72% July 23% a._ a__ Carbide Apr — . Oil Union Co 71 Jun 40 10% Apr 50 15 Va Mar 26% 28% 400 14 Va 15% 3,059 130 13% May to 17 Railroad Aircraft United Jan 14% ; Jan 4 Va Apr 4.153 -35% Jan 3c 13,500 ,9% Jan Jan 13% Jan May 9 Va 9% 441 13 Va 13% 1,800 10% Jan 19% 19% 19% 225 18 % July 40% 47% 1 1 dQ 26 Va 28% 3,927 24% May 28% July 88'/a 90% 2.8 85 Feb 90 Va July 31% 31% 535 26 JA Jan 31% July 15 Va 15Va 500 14 Jun 17% a3 % a3% 50 Jan 4'A 11% 8% July Jun 13% July 25 % Jan ■ 'Un1 Inc (Unt 2t 28% 5( 5 10 — (Un) (Del, i 50% May 40'/a July 3% Gas United ■*, (Un> Corporation of States 'nlted Rubber States ( Interest Ste^. (Un) Co Jan Jun- Co 60 16 7VaC Jan 12Va May J% Apr Warner West 16 Va Jun Bros Pictures Kentucky Coal Co Union Westinghouse Tel Elec 29% 295 25% Mar 30 % May Willys-Overland .44% 1.03) 38'A Mar 47% Woolworth 9% 10'8 729 9% July Apr 'Un) (Un) Western Air Lines Inc n Jun Inc Zenda Gold (F Co ( Corp Motors Wi Co Mining Co Un»_ 23 15 "A July 21'A 112 38% Jan 45 Va May 35 Va 5,254 25% Jan 40% Feb 32% 10 50 50 450 8 11% 12% 5,500 (Un, a 4 8% 19% July 181 8% 270 7% Jun 21 % Jan 2,J% July 7% a29% a30 31 '/a 31 Va 31V2 680 8% 8% It 44 44 335 lO 7%c 7 VaC 8c 10.500 9 11 % July 19% a21% 100 lUm... 12.50 Inc (Un) 1 Jan 17% Mar 587 a40% a43% 10 1 19 % Mar July 36 15% 15V4 35% Oil 15% al5% al5% al5V2 1 Port Consolidated a If1 common__l Un) 41% May 16 19 14 Va July May 15% • 2.10 Feb 15Va Mar 13% On common Co Corporation Lines Certificates Jun 2'A 2,300 12% 30 Jan 5 <On».. Com Paramount Theatres United /tpr Apr 9V4 2.712, 23 Jun 100 2o- May a 9Va Film Calif of Pacific Union Air rvi 196 15% 65'/a 2 - CarbOD & Corporation 11'A Mar 72% all'/a all% 10 Co United 13Va July a63 % al5% (Un). Twentieth Century-Fox __ 9 iUn, Co Corp United Mar 25 9 50c (Un) Co Oil Assoc Tri-Continental Jan 1,185 ,,110 27% a35% a35% 2& I Jan 3 13% 23% 15 V2 al7 '/a a 20 Incorporated common 11% 13 3.33 17'A July 20% 25 1950 335 27 Va 1 18 12 (Un) Preferred 42 % 12% 9% 10% 17 Va iUn, (Unj+__ Jun xoui 185 29% 31% -4. 25 (Un) pfd ser 9% July 34% 575 534 a41' Apr a20 Transamerica Corporation i 55% May 12.600 3; 38c Mar 26% 32% common Company Universal A 24c Jun 29 88% May v 275 2.20 13% * Apr Jun; 27% 21 9 Company-(Un) Texas ,.,.v 50'A May .69V4 4,591 12% 2.73 7.50 9C(58 Feb 57% (Un) J) Inc 2nd conv & Textron May 22 'A May JUVa . (N Webster Texas. 87 Vac Miy 5Q a39% a43% a45 ;__25 preferred class B__- 5%% 14 % May July 10J 1,500 , •:!»-„ 14% 2 9 (Un) Mar 31J/e 23 Va Mar 12 "400 1.70 12 If Callr of (Ind) Oil Corp Sunray Jun 3 13 "n »•<"»♦< 4c 1,773 4c pfd class A__25 Corp 2 3tudebaker Corporation - 82"A July. 19 Va Jan 61% Mar 1,486. 13 Va 10 (Un) Paper Co 43 Va May 23% May - Stone Western "N«<"- Feb 50% (Un) Brands Inc 7% a43 % at1 % 123 9 25c 33V3C Corp Petroleum - 10% ...Standard 350 24 1 Imperial Deve opment Co Ltd Independent Exploration Co Jan Jun 35 48% Comnany July 10%. 24 58 100 RR (Un) 51 47% 49 —1 (Un) Inr Railway Company, ....Standard .. Standard 15% 9% 12.50 ^d Corporation Jan Feb a44 4c 21%, Feb 16% July 51 41% 25 Petroleum Pacific Jan 85 9% 2 20. Tn< Feb 7% Mar 771 Co Southern ...Southern May 78 % 40% Development. Oo Hudson Motor Car Company 7 % May 36 Va 27% July 50 25 7% 18 * -5 Corp Jan May 30% Mar a75 25 6% Mar 30) 3 <Unt • preferred 135 a6 307 a84% a51% Co '1 United Corp —_ preferred Standard 2Q 12 Oil preferred Southern 17 va May 29% July 690 .86 24 9 Company F) 5% 48% 800 41% 25c A 4.88% Union Goodyear Tire 61 Ruooci wu cuuunun Great Northern Ry Co pfd (Un) Feb 695 a41% Corp Southern Calif Gas 6% r.... ,4 3 15 V4 10 5 Gladding McBean & Co j7% Jun 62 Vac July 9 a75 Company 4.56% - - 33% May a85 20% Corp common Utii Corp (Un) 25'/a Jan 36% 13 V2 9 .^Southern Calif Edison Co Ltd com___2f 4.32% preferred 25 J2°/a Mai Jan a47'/8 a48% • Co. (On> 7% May Frb Mar Apt.. 30 Vt ^ t Oil Tidewater Electric Jun Mar 8 41% (Un)__ Del ' Socony-Vacuum 19% May 18% July 33%v •,-'fr-s,250 18 Corporation General 25 34% 8 36% 16% Co of - 700 5% 1 Corporation Aeronautical ' 22.Va 60c 62 Vac 2.5( i_, Oil Oil Regis 38% -if, • Manufacturing Co Sinclair Feb 441 67% ;'^74%t»--. 15'% 1 Int'l Tel & TeJ - Jun 68 Jan July a35% Signal Petroleum Co of Calif Jan 4% 16% al6% al6% 74 5 (Un) Ltd Merchants Interlake Iron 49 16 18 } Sierra Trading Corp _5i Signal Oil & Gas Co class 5'/a July 29% . a *0 Bk 100 Power & Light Corp_____~—9 Oil Companv Illinois Central 29 July 61% 18% 9Vs 2* 9 I 23% 49 -. 33V3C (Un». Corp (Un) Oil Sears 18% May 500 7 a5% 12 % Hotels July Juri" 3'A July 65 2.o,5 2% a 6% 4 fnternationa 22% a63 % a 63% ] 5f Shell Oil Co Jun 42 1 17% 1 a32 % 0 Corp Products International 16'A July 3Va (Un)..l <Un) (Un) (Un) Co Seaboard Jun ... 20-4 15% a. j * 50c Inc Inc industries Intercoast 475 * Airways Inc Co Inc ""Seaboard Jun 35 a2J. 19 Vt 10% Garrett Hupp lUnj Drug St Jun 24 83 Va 803 a2j% a27% Corp 1 Foods 16% " Jun Jan 485 •w.. all% a2d% Jan 4 63 Va 103 18% 27% 12% July 100 18% oort Electric Bond & Runt 36 28-/8 28% 49 Va common Co Pictures Dodge Swift Holly 26% Mar 28 Schenley "t. Hilton 1,960 16 Va 10 Safqway Stores Inc__ ' 10 Va Maf 16 6u% Corp Motors Greyhound 142 36 100 Ryan May rt Jan 33% 3 Vf a Unt_ • nnciai> Co Power (B Juiy 34% Mar 30 % 10 Richfield 51% Mar 7% 150 18% A Goodrich July 8c j Rice 30'/a July 56 Va 1,200 5 % 20 a 20 Liquidating Corp Curtlss-Wngni General July 29 Va May 3.00 Mar Tan 2c 29 Va -W- 21% 2% Florida 1 40 .2 1st Indemnity Lighting Rexall July Feb 15% 12% •*<»m ( Co Edi&on V utter & 20c '! preferred preferred Rhoem May 882 66 % 9 (Un) 1 Zellerbach Corp (Un» _____5 Publishing Co (Un) _______9 Exeter 120,333 " a01% Farmers 17,513 8C 12% common Orpheum Jun 38% 9 Electrical 27c 195 30% 8 Calif.i of America Jan 4,uuc 15% 16% 10 —.— de 27c 1.75 i "Republic Steel Corporation ftr'. Pont 50c 100 27c x (Un)_„ Radio Corp 15% May .13% 21% a Engineering du Jan May 29% May . 40 %"* 30% 6%;.'" 7 1 Consolidated Dresser Apr 1,1-5 Jan .• 135 J,,'l % 58% --1 'Un) Edison Douglas 10% 9% 28 0 "ail" a45%Jj8% 25 <Un» Consolidated Class Jan 21 Va 9V2 200. Republic ' 25 Commonwealth Curtis Apr 6Va 19% 9% 1.95 Corp Radio-Keith Feb y 6% Corp Columbia Gas System Inc Crown 22% 23% May Mai to 1,785 30 9 : (Unt Multiplier Corp Continental 52 Jan Feb -j6. "%, Company Preferred Consumers Feb 17% 28 Va Pullman 46 41 610 25 25 Pacific Apr 21 % Mar 16% July 10 21 Va redeemable Phelps Jan 150 5% Pepsi-Cola 35% 16% 16% a53% a53% 37% May Apr 13 Va Jan 16% July Jan Jun Feb 14c Jan 35 Jun 10 Jun 10% 241 9Va 20 8c 2,561 5 235 Jan Jun 1.000 16 Va 36 Va Apr 16 Va 9c 15% 31% 54Va 7% Apr 30% Jan 7, luO Jan 15 Va 36% Feb 'A % 24 Va Jan 8 %. J uly 36'% 37% 12'A Jun 11% 31V2 Paramount Jan Feb 21*8 ' Un, Elet Pennsylvania Jun 9% 2j9 9c Ud ' Jun 3% 12% 5 Ry Co Service Co onsolidaiea Jan May 2.230 16% 1 1 Corp of 22 25 Pan ■ 15 Co Product* Consolidated Cc 60 16% Mar 14% 12% " Fuel 1.75 Jun 2! Mar 9'A 1 16% Aircraft Colorado 1.25 22 a22'/2 a 14% • Inc Company Gas & 28 1,700 9 30% 1 Chrysler Corp Cities Jun Jun 33% Mar July 6%, .preferred 4.80% Feb 161% May 1.8~7 Vtt 13 5 (Un) Caterpillar Tractor Co Certain-teed 16'/a July 23 Va al8 aSV2 .... Finance .Pacific .T, 16% May 11%. all % al-L l (Un) Canadian Pacific Cessna Mar 3% May 20 Va Mar 61 1 ill: v.. Pacific Jan 13% 1 Corp— Jackson Byron Apr 95c Jan 49 % 1 tt»uwav Compauj 104% il)74 t 39% (Un) Co Company Co 23% Jan July 1% 559 3c 5% a45'% Un. . Borg-Warner Corp (Un) Broadway Dept Store Budd 11% 70c 28 Va July 4,uoJ (Un) Inc Petroleum Oil 28 % i6%.:m~ 2 Oil Chica Bolsa 325 Va July 20 Va July 1.70 (Un) Oil Co Packard 115 11 50c (Un) Corporation Airplane Boeing 29% May Jan 50 Rights 70 Vt Mar 450 16 % 5 5 (Un) Corp Sleet Diamond Blue 77 (Un)__9 Corp RR Aircraft Occidental Apr luVa 10 20« Oil Corp Bishop Jan Jan 24'/a 306 " common Benguet Consol Mining dettnehem 18 Va a50% a52% 10 35% July 33% May a_5:3,:'Ja 5, Appliances Home Jan 33% July Jan 14% July " Aviation Bendix 1.40 345 6 Prod Aviation nacui, Reserve Bendix 24 Va Va Mar 8 aan July 21 10 01110 11% 13% 100 (Un) Oil Co Basin % 95c a23 a 1.55 (Un % Feb 123% a % ' Corp Bros 55J 5,880 1.70 Cons 70 % Mar G%- 6% ,T7n Work* -Aii 75C 3 Va " '8 23 a52% * Co 22 78 115% iio- (Un > Corp RR Co 30 14 % 2 a2o Oil 1,219 1/ 74 (Un) (111) LoromnMv. a 72 VaC al5»/a al5% American Pure Baltimore & Ohio 18 1 Central rtnern 1 ,,j36 30% 3278 j> 1' Topeka & Santa Fe Ry Refining Co (Un) Manufacturing 97 33 .2 Atlantic Avco a79% a84% 14 tUn> <Unt Company 11J al4% American High 25% Un ■ (Un) Mining Corp 23 % 325 % 325 % 3 North Range Sine* January 1 2% 1 Co Corp (Un) Co 175 9 Corporation Ltd Paellic American 2,130 14% 21 Distillers Oceanic Shares HTffl'"' Lou a 31 (Un)_, San Co Tel & Jun 33% 72V2C Amer i~ Sale* of Prices 24 V4 un. & Refining Smelt 31% T078 9 Light ^ 1 (Un) American Jan 1.700 1 Co York Northrop 1 Corp American 23 34.901 325% Co Ward Ohio-Edison Inc Jun 225 8 1 Co Corp (Un) National City Lines Inc Range'or Week Last Pa* St 58 Va 1.35 1 Power Diablo 2 50 Week Fridaj Sale Price & 58 Va July Apr 14% 100 Nash-Keivinator Angeles Stock Exchange STOCKS Airlines Apr 45 95c .. Co South -250 '■j. ">■■■* 1% Jur ^ Radiator 50% 737 337s i ■North Amer 440 51V4 7'/a • Manufacturing Montana - American Jan 08 Va /a Apr Apr 4% Ittktut.i. -L8 36 i Va Ct 17% 1.15 North Mlg Jan 26'/4 Corp (Un) Minnesota 17% May 10 41% Wayne Screw Productb Aiils-Chalmeu 16% 3 Angeles Investment Co. 14 6O0 15 1 _ Alleghany Corp Jun 115 13c July 3% Mar - 36 ' Admiral 7% a28% a30'/a a29% 10c Co. Aircraft Inc 13% 975 5Va 41% <» "A" Co Common Jun 51% l Angeles Biltmore 3 v* b '/a 5 -50 Preferred Walker 8 Va 1 _ 11% 10% 11% ___1 Distributors United 4% 5o Libby^ (Un) Petroleum Montgomery rnivllte 3,845 ' Axle Timken-Detroit , 633- 7% al5V2 al5% .1 Company Magnavox Company Scotten-Dillon common High 8c 6% its, Co '*011 2,500 10c 8.75 (Un) Range Since January 1 10c 7Vb ^orp Land McNeil & Locxheed 1 Motors Reo Hiah 8c ___ Coppei County 19'/4 __ Brewing Lotii Shares Jan Jan Corp Kansas Power & Light Co 15% 1 rrouuets * Pfeiffer 33 lair- for Week Prices __10c Company .cuuecotl National » Range ,f Pa- 400 25% Aft* ri«„» Last High \JOW 3% 17% 2 ' STOCKS Range Since January 1 High % 21 _5 Corporation Murray 1 1% Sugar Wheel Motor WEEK for Week of Prices FOR Sates Last Sale Frier EXCHANGES >fOCK RANGE 300 5% Mar 44 2VaC July Jan I 58 Feb Jum 37 ' 164 Apr Jan 19'A July 9% Feb 30% May 36 Jun 8% July 49% Feb 17c Apr 36 The Commercial and Financial Chronicle (316) OTHER STOCK RANGE FOR WEEK . . EXCHANCES JULY1 21 ENDED Friday so. la salle st. 105 Stock Exchange Co Helllman Heln Chicago Board of Trade (G) LaCROSSE EAU Exchange Brick Co of Prices Shares Bale Frlee Laboratories Steel Acme Admiral 10 Corp 1 Advanced Alum Casting3__. Ball Aetna Affiliated Roller & Steel Allied • (Un/ i Laboratories (Un) Investment American Rad American Tel Anaconda & j (111/ Stand & 8an Bange Since January 1 Low High 22 3'4 20% 22 3 4 1,035 19% 23% 22% 25% 5,000 17% — ~ — ~ 31 11 395 42 & Asbestos Co 12% 5% 6 300 5'/e July 6% 300 6'% 87 9% 1,070 8 2% 8% Jun 13% Jun 43 Jan 100 10% 11% $1.20 Manufacturing Co Refining Co coir. Atch convertible 171/8 950 12 12 % Tel 39 Iowa Apr 6% Jan 12% Topeka & Athey Santa Products Avco Mfg Illinois , Jan 4 Fe (Cm Iowa Kansas Power Mfg Co Bendix Aviation Berghoff Brewing Bethlehem July I 11% July 1461/4 Apr 22% Mar 16% May 38% 900 27% Jun 9% 3,100 "% Jan 9 1 'a 23 1% 21 200 23 24 Co Koppers 1 Corp Kropp Binks 24 % 1 565 Borg (George Laughlin W» Borg-Warner Brach & Sons Brown Budd Burkhart (Fi 42V2 May Jan 17 4% Jun 1% Apr Lincoln & Jun 33% Mar 1,380 3778 43% July 34 34% 650 327s Jan 34% July 26% 25% 27% 1,377 25 3b July 29% May 13 Jan 13 100 13 13 July 38 Mar 47% 38% July ' 46% Jan 16 Apr 9% 11 993 97s July 24% July Jun 23% 24% 3,800 23 'a July 30% Mar 18% 19 3,000 18% July 23% Mar 15% 15% 75 15% 1,800 15 "s July 7% July 7% 8 * 17 145 8% 17 17 12% 13% 26 • 26 2 13 11% 1,350 25 50 100 13 18','4 Mar 100 18% Apr Jun 18% May 1 26 July 178 Jan 10 13 % May 600 2 3 30 13 12 7% 8 ... 52 Printing Co S^O preference—'- 25% May Lonergan 26 % Mav Jun Julv 27a 121/4 July Feb 6 450 6% 13 900 8 1,350 52%' 15% May July 10% 7% Jan Jan 13 % Apr 71/4 July 100 8% Mar Feb 51 52% July 4sa Apr -" 200 3% May 32% 33 290 32% July 36 '/4 May 25% 24 25% 500 23% Jan 287's 28 28 28 75 28 Apr 31 6 600 3% Louisville Gas A Feb ' 6% 4 10 Liooy July 121% July 103% 2,250 41/8 July 61/4 Mar 5% 9 Va McKee Manufacturing class B 1 Elec (Kyi——* Marshall 3,599 Jan Apr Field " Co A (Arthur G) class E .———c Brick 5% 4 35 35 300 33% Jan 37% Feb Mever 14% 15 550 11% Jan 18% Jun Mickelberry's Food 45 % 47% 1,491 35% Jan 47% Middle Utilities 61/2 Middle 5% 3% - 5% May Jun Jan 7% Jun Apr 1% Mar 1 l Apr 9% Jan 27% July • Co (Un > 20% July 6% 1 4 '/b 36% 500 1 550 4% 40 Jun 3% July 3,900 30% Jan Feb 40 July 121/8 12% 50 11% Jun 13% Mar 15% 15% 92 14 Feb 18 Blanke South West Midwest Jun * Co 50 8% 8% 16% 15% 11% 300 2% 2% 5,000 2% 24 —0 ' v t r common../ 15% 200 5 ... 8% * Inc Corp Hart 16% 1 Products Piping & Supply & 16% 24 1-9 Jan 8% July. 15 % 2% 50 6% 1,050 10 12% 12% 12% 100 1 17% 17% 17% 400 17 3/s 22 23 300 21 % July 31 32 450 28% Jan 50% 52% 20 20 - Jun May 7 July 23 27s 29 12% July 5% Apr Jun *-•' -Jan 5% Feb 20% * Jan 23 6 % 11% r. July Mav Jan Jun 133/» 121/4 141/2 1,700 12 % July 16% 60 56 Va 60 1,400 55^8 73% May 45 42% 45 200 11'/a • 8 Manufacturing 43% Jan 14 395 & Sessions Co__ McNeil 51/2 Feb 42V2 July Feb 57 10% 11% 475 10% July prior preferred $1 Minneapolis Brewing Co . pnr+lflnc missouri .2? 41% 20 36% Mar 44 % 161/4 14% 16 »/4 1,475 14 Mar 27 25 27 600 25 July 24 Feb 17 181/4 250 16% Jan 20 May Modine Manufacturing Co * * 52% 2,620 Feb;/ 19% v- 18"2 Mar Apr 28% < 43% July 12 -14'/j -» Jun 33%f Jutv 52% July 13% Mar 41% 15 Burton-Dixie Corp Butler Bros common 41 15% May 9% July 34% 100 5 Gas 1 Inc 27% —.33%c Lamson * (Uni 400 100 496 1,040 Co Lwiede 5 Bigelow 7 6% 10 Llbbv 61/4 471/4 Apr May 34% Montgomery Ward A Co & Co 1,450 39% Inc Apr 4% ly (E J/__ Shoe Co Brown Corp 15 43% (Un) Light Jun 2% Corp 9% 42% 27% —* 10% 1 Inc 9% 14% 7 1 24 1,200 116% I2IV2 40 Manufacturing Co.. & 30 Electric— A 39% Miller Bliss Mar 38% (Un) Forge Co— 6% (On; 21 . 38% 9% 15 • A Laclede-Christy 5 PI Corp Steel Tel 12 Jan 33% May 36 0 (Uni 110 23% 4% 161% May 9% 10 Benquet Cons Mining Co 28% May Jan 40% Island Lime A Transport Kellogg Switchboard common Jan 38% c — July 1% 43% Drug Co 4 common 22 • Light & Metropolitan Beldeu Ac Gas Power j Eastian-Blessing Co 500 23 15 Katz 27% Mar 33 100 Corp 600 7.50 (Un/ Co 38% May Jan 645 20% * Corp 119 3% 23% Apr 17 1,700 33 1 38% 3% 22 • delivered When Jan 7% 9% 700 148% 1517/8 50 1 preferred— 10% •' Packers Ltd. International International Jan Jun 26% 2,700 5 Ashland Oil & 37 3% • Paper 8% July 2% July 300 31 30 3 ±y (III» 26% Mar 10% July 36% July 1 Harvester Shoe K Armour jan 100 tagnt Steamship Co International 54% July 634 17 1507a iCJn/ 21% • 23% May Jan 6 —— (Un)__* (Urn 24% May 10% common International High Jan 100 Mining Jan 6% Mar A Prod Power International 46 1 Co Tel Copper Steel Co Armco • .22% 500 • Kelley American Airlines American 1 100 1,350 jluu Tool Steel Inland 43 5 Bearing Gas Equipment common Alleghany Corp Low 8 Co 23% 8 10 RR Pneumatic Indianapolis for Week Par Abbott 25% May Sales Range Jan 23 —20 jbartieu Central Inter lake Week's Jun 11% CLAIRE Indiana Las* 12% 700 7% 50 Illinois Friday 23 1 10 Illinois stocks tigb 71/4 July 5,250 2 Hupp Corp Independent Midwest Stock T Off 9% 18 22% Hydraulic Press Brick $6 pfd MADISON 8 17 23% 1 A Co Spencei tiiooard Range Bines lannary 1 Hioh 3 Corp (Walter El Heller Co Brewing Werner 8'/a 17 10 — Huttig Sash & Door common minneapolis Shares Low 1 Harnischfeger Corp common 6-0780 midwestern listed and unlisted securities I for Week 1 Co Instrument Hammond ill. 3, Members: Midwest Sales' Range of Prices Par Hslllcrafters chicago Telephone Central week's Laat Bale Price STOCKSr DAYTON & GERNON Monday, July 24, 1950 . 12% Jun 18% Specialties— Convertible class A_. ( Muskegon Jun Motor 6 —: Muskegon Piston Ring Co Muter 16 "9'/a 8% 9% 1,500 8% July 12% 16% 15% 16% 1,800 14% Mar Jun ftasn-K.elviniti.oi Carr-Consol Biscuit 17% 1 2% 2% 2% 350 3% Jan National Standard Central 3 12% National Tile 7% 50c 500 6% July 21% 7% July 2,900 8 8 % 8 . Feb July 11'/2 May Jun 28 8 2.50 Company common....... Nachman Canadian Pacific & (Un) South Central Illinois Central West Corp 111 Secur Convertible Certain-teed Light 1 preferred Products 12% 13 32 Va ♦ Corp common 32% . — — — 12% July 16% Mar 38V2 Feb New 2% Jan North American Worth Amprto»n 2 50 19 19 19 12% 12% 13% 535 9% 9% 100 July July 12% July 91/4 Mar York iUn uurp 32% July & Convertible 25 preferred Rock Islands Chicago Towel Co •" —- • vtc Pac RR preferred conv 65 % 121/8 Co..* 26% 29% 1,300 10% ±.1 Chicago Mil St Paul & Pac Chicago 29% 12% 445 65% 6 51/8 150 121% 2.000 43% 200 11% 43% c 113 116 118 25 25 July 10% July 64% Jan 7% Jan 38% July 114 Jan Cities 2Va Service Cleveland $4.50 Clinton Foods Coleman Consolidated May 18% May 121/4 Jun 41 % 30% Jan Wnrthwotl 15 Apr Nunn 67 12% July 46 Jan 119 Apr Oak rv» * 50 31% 30% 81/4 6% 8 22% Cleveland Mfg Nav (Uni Corp Doehler-Jarvis 8 Corp class' A de Nemours (Un) (Uni 280 22% July 2,300 Jan 54% 67% 74% 1.249 61 401/2 42 Erewing Co 6 % Corp Glidden Safety Co Razor (Un) 83% «... 7% • 1 • 6'% 250 Jun 10% 1% July 15% 500 7% 7% 1.250 37% 380 4.700 Greif Bros Greyhound Griesedieck For • A Dock Cooperage class A Co (Un) Western footnotes see Brewery page 43 • 11 — 11% 11% 9% 9% 2 23 22(4 23% (Uni Securities 1 Jan "Feb Jan 7% May 18% Jun 16 v2 Jun 15 584 Feb 14% Jun 18% Mar 107% July 400 6,050 139% May 8 *)8% irfr • 12 Mar 80 23% July 25 May 734 24% July 30 Apr 725 26% Feb 36% Jun 9,200 la1-* Jan -'"9% Feb 7% July 1,400 25 35% 32% 36 • _15% 15% 16% 6% 6v8 6% 110 10% 10% '100 33% 38 6 %" July Anr . 38 3,700 10% July 14% Mar 23% 38% Jan 5% 950 5 43 44% 200 40 July % July 40% 41 450 40 Jun 5% 41 6% 6% 6% * 21% 21% 21 % 44 44 500 6% Apr Jun 7% May 48% May 46% Jan 7 - Jan — A * • com 5% 5% 5%_ 200 21'4 july 26% Mar 120 40 Jan 461/2 Apr Jan 6% Jan 5,500 4% •*.■ Co ?0% • 30% 800 2i% Mar 595 29% Mar 34% May 37% 33% 37% 10 % 10 % 100 41% 4^- 41% 1,962 14 14 • 24 23% 24% 2.450 • 14% 13 14% 1.1c0 12v8 Jan 15% May 1% (Un) Co 1 South Co 1 • Investment St Louis B/vony 50% May 8 Jun Sheilmar Co 9% July 37% July 12 Jan 48% Jun 40 July 14 July 17% May 23% July- 31% May of L——10 common... Proo Slgnode OH Apr 10 % Feb 42% Jun Southern 31% May Southern 14% Jan 15 Southern 44% Jan Jan Strapping 50 Bend • Oil Lathe Works... Co — Indiana Pacific Gas 27% 5,500 22 Jan 28% May 18% 21% 9,700 16 Feb 21% 20% 18% 20% 600 15% 10% 10% 1.400 Elec Co___ 55% May Spiegel 13% Feb Standard 2% Feb 11% 16 Jan 11 12% 23% 107 s 19% 20'% 425 19 59% 55% 59% 490 50% July Jun Jun 59% July Jan 14% July 13% Mar 20 % Standard Gas As Flpotrio_. 10 % July 20% Julv • ; Jun Jan 10% July- 5 . & 25% 21% 5 (Un) 27% 15 Corp Vacuum July 22% July 32 Oorp Steel Inc Standard " 18 5 Stockyards Jun ~ * 15% 15% 25% ♦ 50 15 3 Apr 247's •, 1,300 11 14% Jun Feb 1% Dredge Apr 478 11 21% Jun 91% July Lakes 1% 18% 300 Drug Stores 52% Mar 98% 166 Gray 5% 15% 243/4 50c : Service Industries Jan 7 % 700 Great delivered Roebuck & 14% July 1% 8 Anr Feb 36% May Power— Schenley Sears 68% 10% 17 light & Electric July 9% -- 800 400 25% * Sangamo 6 % • 525 1.000 8% , 2% Paper Co - Jan Oossard 10% When 41'/2 49% 1 Apr «% 35% Jan 49 % (Un» Joseph Sinclair 85 15% (Uni. (Un) Schwitzer-Cummins 6% • H) Feb 7% 15% • , Wro« Raisin Mar Apr Goodyear Tire & Rubber Co (W River 12 5 15 Co oinhimn-r Jan 24% Graham-Paige Motors 77s July 18% 1 <Um_ — Corp May 14% — Feb Oil Richfield 22 23 % Bros 36% (Un) 35 8 Goldblatt 3% July 17% 6% 110 1/8 111% 10 com (Un) (Un» Rand Drug Feb 77% 34 8% May 8% Apr Rexqii 15% July 9% July 1,679 1 Remington 29 1,700 5 Jan 10% July 120 1% 10 30 180 45% Utilities . • National a Refrigerator Co 7% 18 50 -100 33 V3c Radio-Keith-Orpheum Public 421/8 61/8 . 25 iO A 3% 17% —3 (Indr America Louis 71/2 July 11 100 class July 26% Mar 1,607 (Un > of Louis 45% July 6 1/8 Co Corn at 50 1% Oil St 323 1 2% Mar 28 % 2,900 9% Colorado... Apr 7% • Corp common 3% 19% - Corp Jun 46% 1 Finance of 48% 7% General Jun Jan 45% General Electric Co (Uni 10% Apr 8% July St 5 General Box Corporation Mar May " 5% May 71% Jun IV4 Transportation— 9% Mar 13 ■ 8% (Un' 85% 500 10 35% Co Jan 600 Auto 18% 19% RR 40% July 368 6'% Gillette Jan 31/2 5% PuWlc 7% 320 10% Drive Jan 19% Republic Steel Corp Jan 2,100 9% Motors 7% 60% 5 Gibson R«tdlr 3,150 Flour Mills of America General Pare May 5% Julv 15% General May 'SI 29% July 30% Amer .25 Jan 658 15% General Jan 2.200 29% (Peter) 17 "4 1 Fox 2,100 2% 9% Gas Light A Coke Peoples 25% 31% 2 Four-Wheel 12% 12 ——1 (Un) Switch Electric Pennsylvania Service Manufacturing Co Falstaff Brewing Corp Inc May Service 5% Mar 74% 19 3% Dreferred orior Public 26% July 5 Jan • Peabody Coal Co common p«u<d-Cola 85 10 Eaton 16 17 .17 (Un)_2% Airways Pictures 33 % Mar 4 4 100 Feb July 14% Mav 300 3% 37% Mar (Un) Car World 17% May 7% 59% 17% —.—2% I Motor American 12% Mar 28% 3% 33% Jun Penn 26% 1 81 26 7% 15 Jan July 8v4 720 29% July 20% Jan 12 8% 25% 36 % Apr 5 Corp Dow Chemical Co (E I) 8% 1,250 32% Jun 10% 9 28% 36% 47% 10 Finance Eastman Kodak 5 10 27% • 1,295 24 1 28 (Un) Co 4.100 29% 1 (Utn * Oil 11'/a July 28% July 20 29% 10 2% Public 20 • 100 1,500 200 81% 17'% 21 % Mar 8% 10% 1,695 Jan 29% 16 -8% 2% 73% 15% Anr 10% 301/s 407a July 281/2 Jun 16% July H% 29 150 16% 5% 1C 12% Mar 10% 12% 546 29 1,600 .Tan Feb May 17% * (Minm Shoe Co Paramount 700 17% Feb 13% 22 >*29% May • Corp 30% July 390 3% 870 Jan 11% 700 1.750 16% 1 18 200 4% 14% 15% 8 Apr 11% 4% 12% 16% Co 14 31% 4% 14% i Co •Ran 22% 24% 300 Edison Mfg Packard 11% 16% July Warrants Ohio Mar 10,300 3,400 Apr Bush 34 29% 25 Jan 12% July 18% 28 • (Un) por>/»o-T>or*t(nn 80% Mav 22% 25 & Pont 81% 40% <Un)__l Ourttss-Wright Corp (Uni du 81% 4Q1/2 Aircraft Co Domestic 81»/, • common Continental Motors Dodge 18 preferred Cumulative Detroit 15% 63 100 16% 27% —1 — <Um PR Aviation Illinois Northern 65% July 28% July • Consumers Power Crane 18 (Un> Edison Vultee Co 125 5 Inc System Commonwealth 451 29% 1 Co Gas Consumers Illuminating Inc (The) Columbia 1.221 72% 29% 1 common preferred Electric 67% 68(4 • Iron 63% • Corp Cliffs Cleveland 66% .10 Co. Products City 12% 13 28 10 22 Ohio Chrysler Corp . 10 Mfg Centra) Northern States Power Chesapeake & Ohio (Um Chicago Corp common 12% o 10 Corp 130 200 19 ..5 Jun 1.220 2 1 (Uni 2% 2 ♦ Cherry Burrell Corp common '1 400 550 400 Apr 91/2 July 21% July Standard Oil of Oil Jan Standard Standard Oil 31% Standard Steel Oil Corp Indiana Co 10% Mar Feb 8% 9% 260 8% Mar 12% Jun 2% 2% 2% 100 2% Julv 314 Jan 6% 6% 6% 800 6 2 Dredging 'w 25 (Ky) JV. 'Uni (Ohio) com Spring -1 (Un) 75% 10 1 ——. 51% 1,800 36 V4 230 697/a 75% 1.592 277/a 10 25 42% 47% 34 51% 31 465 25% 19 20% 450 JulyJan 6% July 51 % July July* 38% Jan 79% Jan 31% Jun 18% July 25% Jun 34 Jun Jun Number.4927—. Volume 172 . The Commercial g.nd Financial Chronicle JI t<^ > 'f.'.j ,jj' i ; '! 1—i * vl&L' ,,,^317i. S. , OTHER STOCK EXCHANGES FOR RANGE Friday Range Stewart-Warner StoTKlftle Furniture .oiuueoaker Low Corp —_ 10 _ 21% Jan 25% 43 40% 25% July 35% May 39 Va July Admiral Corp 69% Mar 43 Suadstrand 9 12V2 13% 2,500 Jan 11% 13% 4,000 10% Jan 34% 36 % 589 33% Jun 37% Mar 13 200 9% Jan -25 8wUinternational Co Power 15% Mar «unr£y Oil (Un— swjrt'& Co & American 13% Mar Airlines 9 of Foreign Radlatoi Amer Ltd— r'TexSTtto (The) Thdr^orp 25 " Trane Co Axle 208'^Scl La Union 59% 707 67% Jan 71% Jun Inc July 14% Apr 17% 27 V* 1,050 24 % July 16% 16% 52 15% Jun 48 % 48% 80 48 Jun 50 % 41 43% 2,100 41 July 10 15% 15% 475 13% Jan i 3% 3% 1,800 3% Jan ,_4 ; (Un) ; 51 Apr Jan Arkansas Armour Light & Rys Co United Paramount (J Steel o ( Un) Theatres dis_7 14% 14 % 100 14 July 17% 15% 17% 325 15% July 2314 32% 35% 14,100 25% 37 12% 650 11% July 1514 May 29% 31 % 800 29 % July 36 20 V8 20 Va 100 15% Jan 13% 14 250 13% July 1614 Mar Jan (Un) 5 Electric Corp 12 % Westinghouse White Co Motor Wieboldt Stores Inc 31% l __ 14 common Willys-Overland Wisconsin Yates-&merican Youngstown Machine & 12 13 % 13% 5 10% 11% 150 10 Apr 14% Beech 84 89% 430 73% Jan 97 50 13 Ohio & Jan Home Co Friday Range Shares Low Par Stores American Tel Arundel • Atlantic Baldwin Co Chrysler Corp Curtis 5% Delaware 13% 10% 13% 1,683 7% 7% 1 Electric Co Motors 14% 16% 66% 63% 67% 6 13 % r«,„.uuaU Battery r. 62% July 83 % 15% ---5 19 180 25% Apr 41% Jan Cities 84% 6,655 68% Jan 99% Jun Clayton 16% 152 14% Feb 18% Jun C'.orox 8% Jan 7 V'4 8% 426 183 10 10% 9% 10% 4,161 Pennsylvania Salt Jan 17% May 9% July 12'/a May 27% May 23% 22 Va 23% 3,084 21% Jan 13 15% 18% 8,960 14% Jun 18% Mar 46% • 43%: 50 41% Feb 51 Jun Jan 10 Mfg commonPennsylvania Water & Power Co Jun 7 17% __4 51% 30% 31% 1,152 30% July 39% • 24% 23 %, 25 6,346 23% July 23% July 23% ° 24 % • common 4 preferred 230 4% 1,163 4 7% 1,791 7 4 7% _20 7 26% Mar 4% July July. 7 % 54 July Apr 3 35% 33% 35% 1.507 32% Mar ♦ 21% 21% 22% 1,231 21 % July 26% Feb 26% 2o3 26 % 30% Feb • 26% 26 % July 5,700 6% 6% 550 12 13c 6% 12% 415 9% 9 % Jan Oil *®»in • • Co Mining United Gas 20% bb'/s 59 % 35 60 Apr 23 July fco 99 13% Feb 11% Apr 7% May 9% 9% 100 9% Jan 9% 5 a46% a47% 260 35% Jan 33% (Un)__—____P1 alO1'- alO1- (Un) Co 1 700 Corp 2 % July 3,560 7% Jan 15"% Jun 4,039 2.10 Jun 3.25 Jan 13% 12 13 V2 2.50 2.35 2.50 29 % 29 % 31 24% Jan 49% Jar. 51% Mar 58 Feb 71% Jun 45% a46 34 60% 60% 335 14% 16% 3,385 14 July 18% Jun a21% a22% 80 21 Apr 24 % Jun 3% 350 3% 3% 15 14% 735 26 112% 112% 13 5% May Jun 18% Mar 20d 10c 840 ,t5c Feb 63% May 232 55% Jan 100 % Feb 1 Apr 52% July 53% 201 9% July 11% Feb 13% 16% 145 14% Mar 17V* Jun 41 41% 1,363 32% 4314 Jun 37 Jun 41% 31 31 3)0 1 1.50 1.70 2,400 26% 28% 779 11% 1214 331 7% Jun 1214 July 34 34 217 29% Apr 35 V4 1,490 63 Va Jan 83 Co 25 (Un) Ry RR (Un; com • 25 —:— 10c -3% Mines common..; Iron Broadcast Sv-'pin Aircraft Vultee Co of America Zellerbach Steel of (Un) 1 a__ — 3% 691 Jan 4% Apr 23 24% 516 22% July 29% Apr 21% 21% 34 19 Apr 21% Mar :„______20 Coal 29% 30 76 27 Apr 32% 3% 1 13% . Inc 24 % 3% 3% Feb Doernbecher 23% 30J 28% Juxy 32 % Mar 2S% Julv 33% M iy 735 50 11% May a49% a42% 51 43% Jan a42% 17% 770 10% Jan 8 % 2,000 1G% 14 % Jan 8% July 75 57 Jan 61 % May 280 11 July r.2% 34 1.570 27% 21% 23 3.8 700 17% 9% 10 % 3,234 7% Jan 10% July 11% 11% Jan 20V8 May Jan 20V2 May 23% 10% 6% (E Pont El BONDS . Baltimore Transit Co — 32% 1975 33% 32% July $22,000 Nemour*, Co 14 Jan Jan 36% Jun Feb 23% July Board Week's Kleiser & , .jr. p-lumbia Continental Shares Low * • SvStem Gas for Week Par t fiteel Ludlum Allegheny Range of Prices Commercial Corp"—— 32% / — 135 Jan High 11 % July 34 14% May Apr 3% May 3% ' 1 11% 21% 205 11% Equitable (Joseph) Home 8.50 CO; Gas Walker Harbison Refractories * com " Co * . io% 3% 440 2% Jan 10% 10% 256 10% Jun 14% Jun 20 19% 20% 933 19% July 22% 21 22% 166 20% July 24 Jun 29% 115 29% July 31 May 29% Manufacturing Co Lone Star 1 —T. Gas Manufacturing _L—. National Fireproofing Corp. McKmney 10 — 26% __ 1 5 26% 26% 22% 22% 2 __ 3% 2 ' 3% 181 10 200 8% 13% 37 39 776 106 120 al8 25% 160 5% 5% Brewing 325 • 23% July 4 —4 11% Gillette Safety Razor common— • a37% Co——— 25 Paint 2nd Corp common preferred $2 50 Gladidng Golden 4% McBean & State • Ltd common Co Pittsburgh 2 % Plate __ 2% 2-7% May z2 Jun 3% July 2 2% 958 32 Va 81 preferred 25 35% 35% 36% 400 Glass-—— 10 31 31 32 % 698 3% (B F) Co 77 78 % 84 % 4.735 11% 12 800 14% 57 a Goodvear Tire Rubber fr (Un)____ pld (Un» Graham-Paige Motors Great Nor Ry (Un) non-cum Vanadium 8c 21% 20% 21% 175 1 4% 4% 4% 104 30i/4 Spring—.—— United States Glass common—'. 30% 25% 30% 27% 31% Alloys Ste<n— Westinghouse Air Brake .. • Westinghouse ElectHc-"Corp—A—_12% For footnotes see page 43. __ 27% 30% 25 a 12% Feb 23 Va Mar 42% uiy 106 Ma: 6% 19% Ju y 22V» M°r 25 July 29% 5% July 6% Feb 50% Jun 41 % Jan Hale Bros 1 * 41% 45% July 50 Va Mar 71% 98% 14 V4 Jan 18% Jan 37% Jun Feb 42% 100 21% Feb 29 12% Jun 16% July 72 20 67 Jan 72 175 a - 48 la 20 Development Co 343 52 4 Apr Jan 40% May Honolulu Hudson Oil Car Co Motor Apr 11c 2% 43 Vt Feb 9% 9% 650 9% July 11% Jan 16% Feb 84 122% 123 % 13 Jun 12 r13% ?.14% 105 13 17% 18 880 2.15 1.75 2.15 1,70') 5% 6% eoo 78 % 71 15% 15% 25% Jun Idaho % July 27% Jan 6% Feb Independent Exploration % 1—7 15% 155 100 78 3% 3% 3% 1 33 %c 1.40 1.40 1.40 Jan Jan 31 May Int'l Maryland Mines Corp Nickel of Canada Tel 149 24% July 27% Feb International 237 29% July 35% Jun Johns-Manville & Corp <Un) Tel com (Un) (Un) Jan 123% July 16% Mar 19% May 1.30 Feb 2.15 July 3% Feb 7 Jan 81% 1 200 49 13% July 2 Jan 1.30 July Mar Jun 17% May 4% Ajt 2.05 «r".n Jan 12% May 25% Mar 30% May 9% a33% 10% 400 29% 245 10% * 10 29% (Un)—4 4 Feb 1% July 35% July —1 (Un)— 7c 18% Apr 700 315 * - 54 V* 1% 41% 12% Corn 1 % Mar 42% a— _ 44% 41% .1 1 .— a. Jun Jun ■ a • Ltd Jun Jan 11% May 13% July 3,265 I 1 4 Inc Stores Pineapple Co Feb 24 72 a52 Feb Jan 4 Jan Mar 16% a85 £88% 3 Hupp Corp common 5,000 8c 1 1 -SteeJ Anr uiy 14 1.6% • Hawaiian Jan July Jun uiy u . iir CO 48% 24 Hancock Oil Co of California class A. _4 x* Toy Mining Standard 14% a34% a37% 4 U11) ( Jan -■ San 1,257 a47% £48% .——100 preferred—. Holly Oil Co (Un) . convertible 45% 42% 45% 83% lUn)___—— Corp 34% Mar 22 % July Co— Common 36% 103 250 (Un) Co 12 al8 25% a47% Holly Pittsburgh Jan 46% Mar —2% Greyhound Corp Joy 61 % 397 50 Feb 24% __ 853 1,570 ■ 5 7% May com—10 * Goodrich Erewing Duque<ne 70% Mav Jan 193 # Motors Conv Low 32% Jan Jan 9 % 39 4 3% Jan , al4% al4% 8% July ('.% a68 a74% 5 73 May 58% 224 a40% a41% a40% 9% 68 Range Sine* January 1 Hiah 29% 212 if Electric Foods Corp General Last - 475 6% 6% (Un)__100 * common General Sales Sale Price . 3% —* Chemical & Genera) Friday 3% 257% a63% • prior pfd Prod General Pittsburgh Stock Exchange - 23 6% a73% Capwell Co Machinery Foster -• STOCKS 305 73 a63% (Un) Co Florida Power & Light Food - 14 73 49 % May Fibre •vjf 13% (Un)__10 common Share & 14 • Works Bond 505 14 15 (Un)— de Oil Dorado Emporium is I) Kodak Eastman Electric 14 % -- ...—-10 5 common Apr 11% 7% 11% 5 Co Co Bridge J-.n 45% 17% May £72% a72 % 8% 14 com__5 A —— Mfg Chemical Dumbarton du class Corp B common preferred — 1418 May 4 Fruit Giorgio ' 11% July 27% -i Amer Corp Jun 19 Apr 115 11%' 11% all % a :_5 common.--—5 <Un)__.— * Corp Co 1 <Um Inc— (Del) 15% a.. Jun Jun 27% 27% common.l (Uni Motors Oil 26c 35 % 28% 25 (Un)__* 50 Jan "Jun 78% May Feb July 32% Mar 60 a27% a23% (U11J com 68% 20c Jan 30% 2514 July 67 al6% a IS Va a27% 2.60 May Jan 1.40 750 29c Jan Mar 30 10 20c a22% a33 % 11% Edison v aC5 % a65% -- ■* A—% cl System 67%"..: 63% 67% 10 'Tin) Cf' Curtiss-Wright 12% 100 & Feb 4 Ohio Paul Gas 17 9% _10 ; (Un) Fuel 52% 9% America Creameries Dow Jun 40% '52% common Continental $3 Jan 43 Mar 34% Jun 112% July 112% July 10c 10c — 3% 2a (Un) Ry Continental Class Apr 305 . 38% Consolidated Grocers Corp ,._1.33% Consol Natural Gas Co (Un—. 15 Di Jan July 40 2,495 16% Consolidated Edison Co of N Y 44% May -;! 1% common iUni___ \ Apr Jan 40 a 47% 30% 37 (Uni_ '—4 1 , July; a— a__. 1 40 1 (Un) 10 ii • - of Commonwealth May July 10 Improvement or eland 610 461 35 21% 1 ___ Corp Unifed'- Westmoreland 23 8 — 58% 83% » ■ Tonopah 23 _• ci.u>«mu 79% 25 50 Paper Jan Apr Jun all% all % all % ' Snort Apr; 27c July 5% , Feb 25 Feb Mining Silver Crucible Feb 5% July 9c Mar Chemical Crown 24 1,270 Apr 105% Mar Jan 13c 11c 40% & Consolidated July 104 90 6% 10% Jan 443 a22% a22% 6 % 7% XO Feb 39 11% May 11% May 501 all5%al24 % 6% * St Columbia ao 72 ,8 Mar July 4% 27% May Electric common Phiia Transportation Co com_ al23% a9% a- 15 Service Colorado 28 31 9% Corp Columbia 857 1 Tractor Milw 33% 16% aS% 112% Corp Chrysler 33 50 Preferred 77% 24% Mar 32 33% May 50 Ginger Ale Chesapeake "Chic 19% July 14% 8 50 Participating Jan May 595 17% RR preference Jun 8 25 20 % x . Pennsylvania div July 85 1 10 : L) Pennsylvania Power & Light $1 80% 5% July 265 20% July 897 —5 Eureka 37% 29% 10 Ouxp Corp Philadelphia Central Jun 35 16% Co Pacific Celanese Jun 88 Feb ?— 2 Packing Caterpillar Jan 18% 13% 20% —* Llgnt com__. Lehigh Coal & Navigation (Glen 13% July 15% Jan Jan 23 550 Fr Dry Canadian 69% 161% May Jan e Preferred Canada 19% Erothers Martin Jun 7% July ' Gimbel 22 9% Mar 1,175 5V4 6 * 17% Mar California 161% May 12% 795 Corp & Storage Genera! 13 * Jan 18% July 1,153 2% Power 560 13 34% Mar 13% July 146% 2,663 13% 1st pfd___100 — Chemical , 18% ' Publishing on 148% 152 "13%-. 15% 19% Works Locomotive 14% 29% May 134 31% Pacific 100 157 33 6% pld n-c (Un — 100 Trading common (Un)__4 Oregon a82 Jan 65 Jun 5 100 (Un) Cement Calif High Low High 10 Company cuuu 151 '/s •. : City Elec Co-_ Baltimore Transit Davi _100 Tel & Corporation..—. 30% 31% Range Slnee January 1 146% ___13 — Calif American P10 3 Co Sugar Calaveras for Week of Prices 2,794 a78% ;_5 Sales Week's _ Last Sale Price 53 5 100 (Unl Corp Byron Jackson Calamba 12% July 243 a32% a32% 5 15 Borg-Warner Corp common (Un)_____5 Budd * 4 2.50 Airplane Co capital Co capital (Un) Boeing STOCKS (Un) (Un) Corp Steel 365 149% 150% __ Appliances Holdings Borden Exchange (Un) A Apr 12% 12% • 50 12 a51 % a55% a55% 14 (Un) Bishop Oil Cr__ Blair * (Un) (Un) RR Cons Mining Bethlehem - i-Baltimore Stock 16% May (Un) Corp Aviation .Eenguet Apr 16 21% May 47 1 Locomotive Aircraft Jun Jan 13% July 11% 750 Mining Wedge Bendix Jan * Co Tube 7% 11% 2 Inc. Sheet 5% Mar 500 8% 1 • (Un)_ Motors Bankshares Woodall .Industries 4% Mar 18% July Petroleum Bandini July 2% July 11 Engine Big Eendix 8 % 100 (Un)—; Diesel Mfg Corp common Baldwin Jun 2% : Top & Santa Fe 21% May Pictures 2% al7 (s al7Va (Un) class Avco Jun 11% 35% • common Bros Jan (Un) Imperial Baltimore Warner 9% 20 Gas (Ill) Co. Corp common Jan com 485 Bank Atlas Jun 1 ex 11 100 com Atok United 11 Co Corp Atlas Jun Jun __ _• Co common Natural & Atchison 17% May 2% (Un> San Copper Mining Anglo Calif Natl May 414 Viscose Woolen Anaconda May 35 Tel American Jun Jan 205 __ 4 * Tel American Feb 14% 48% 5 Carbon. United Corp (Un) 10 50 20% Air Corp St & 50 15 26 26% 10 15 43% Western & Lines Air __ 5 2 Salle Carbide United Co (The) Transcontinental r' 63% • 10 Timkefi-Detroit Apr 3% (Un) (Un) Smelting & Refining & Jan 3% 3 Power Light Sun a 52% 38% 1 American deposit.. High Mar 1,750 (Un) Inc American Ctfs" Low 22% July 25% —1 (Un) & Range Bluet Jsncary 1 High 23 1 Corp American 14% May 13% 12% Tool. 13% 1 Machine *'' Low 50 -—5 Corp Alleghany American Sunbeam Shares a44 % a44 % Laboratories Abbott 18 % Mar 1,500 28% for Week of Prices Par 8% Mar 370 27% Sales Range Sale Price Apr Jan 16 100 i vUn>__ Jan 7% 1,150 • Corp 12% 385 8 Week's Last stocks Feb 14 16 16 12% 11 Exchange Friday High May 200 7% 7% Low 11% 13% 14 i Range Since January 1 High ii % 5 Oorp__. San Francisco Stock Shares 1 Corp Container Slope 21 for Week of Prices Par Products ENDED JULY 8ales Week's Last Sale Price STOCKS Sterling ..Aluminum WEEK 10% 434 9% Jan 16 Apr a38 % a39% 185 4314 Jan £31 ITuy , „• The Commercial and Financial Chronicle (318) 38 . . . Monday, July 24, 1950 OTHER STOCK EXCHANGES RANGE Week's ef Price* Par Ksiser-Frazer Corp Power Kansas & Low 7% —— Light 8% (Un)—— — Copper Corp Low 9,050 4% Jan 15 16% Jan 57% 877 56% (Un) 50 Mar af-4% Leslie Land Company—- —.5 10 Salt Co —!— 33% 33 33% 135 Libby McNeill 7 8 7% 8 1,500 7% 32% 30% 33% 1,045 23% 15% 15 15% 200 1.40 1.40 1.40 270 28% 50 12% 13% County - — Libby & a51 % a54% 601 Aircraft Corp Inc • (Un) Lyons-Magnus a High 7% Par Jun Radio Mar 19 Ry 57% July CorD Equip 45% Jan 58 Co & E class * Ht <R 1 Co Magnavox Marchant Calculating Martin (Glenn) Co Matsun a28% common.. Apr 33% McBryde Sugar Co (Un) 5 — 27% Apr At 33% July July Jan 1.35 _ __ common Frank & 8teel Corp.tUn!.—— Menasco Middle Oil • Utilities Riverside Cement Aeronatuical 459 11 Jan 24 Apr S Jan 31 Jun Saleway Feb 17% May 474 23 385 10% 15 630 13 5% 5% 195 19 100 2.65 3% 6,588 15 16 401 Mindanao Mother Lode Mar 4% Apr 17% W & J & & M Consolidated M Montana Power Monolith Portland Cement Montgomery (Un). 12c 14c 2,100 14c 15c 1,400 20% 20% 112 — I : Ward & Morrison-Knudsen Co 15c 0 8% San 5% July July 1.60 25 Fine (Un).lO pfd • (Un) Co — Feb Auto National Corp 10c July 26c July 19c Oil Jan 19% July 52% July (jl % 825 23% July 28 Distillers al7 al7% Products 98 14% 17 2,185 Linen Service L** 21% 22% 824 — 8% 8% 116 • (Un> 1 Corp • Natomas Co N Y 8 July 17% Jan Ar RR (Un..„ Mohawk _ Jan 7% 7% 14% * Power : 7% 253 13 14% 895 11% 365 19% July . — Nortn North Amer Aviation American (Un) „.1 commo/ Co 5 % % Invest un> 10 — .100 American Northern Oil Pacific Cons Railway 16% 16% 600 a 16 % al7% 70 88 88 52 57% a 19 % a21 350 1.75 •: 2.00 8,145 .100 pfd " North 16% (Un) f 55% — Oil Co 1.95 Rights Ohio 7% July Jun Jan 10% Ohio Oil Oliver Co Filters Fisheries Amer Pacific Coast Pacific Gas Awvi*- Southern Jun 6% Calif Convertible 21% May Convertible 23 A—- 1st 5% preferred red 5'h 1st 1st .25 Lighting $4.50 Corp preferred Pacific Portland Pacific Public Pacific Tel —. Packard Motor Paraffine Pepsi-Cola Phelps th)lllps Corp Petroleum Puget Sound Pure Oil Co Jan Spalding Apr 23% Mar 16% July a40% a42% 9c Jan 376 42% Feb 47% a44% a41% a44% Jun 144 35 Jan 44% May 49 50'% 425 32 Feb 58 3% 3% 140 3 May 1.751 Jun 3 28 July a29'3, a29% Inc Standard 28 % May 30% Mar 50 30 Jun 33 May 90 28% Jun 29 Mar 18% 814 17 Jun 22 »/2 8 18% 18% 10% ——...2 10% 1,095 10 % July 13% Mar 55% 59% 3,435 49% 53% July 5 a!0% al0% 75 Jun Jun 11% May 11% May 26% 30% July Apr Super Mold 7c Jun Texas Company 9% 9% 100 9% Jan 11% May a20 a20% .2 30% 384 21% Jan 23% Mar _ . iUn).%—__—• Inc 3.00 29% 30% J —— common Brands Jan Feb Apr 59% Petroleum ._ 1.40 11% July 26% 28 27% a (A-Ghw-lg;^..——.1 Co Jan 28 __ Co Co ol 29% July 2,090 a27% a27% 32% Un 4r48%'i__£ .—I.—. Inc Jun *"• Oil 27 33 a26% a23% 25 .--25 Ccr coit) preferred.——25 y* Oil 125 B pre.erred "4^58% .—-.25 r . 3% Jun Standard July — 36% Standard 3c 5 —. 1,027 Jan Feb Oil Calif of Co * (Indiana )_i_ N J 68% 68% 4,629 61 Jan 49% 497 42% Jan 49% July 75% 75% .——2ft 75 % 559 66 % Jan 79% Jun 72% Jun i.T—1 26 27% 896 25% July 35% Jun 25 25 160 22% Jan 30 Jun .25 (Uni 63% 63% 578 59% Jan 23 69% May 30 % May :_3 Corp ■ Tide 31% Transamer(ca Jan 13 63 % 49% ——25 Un ) < —-'^H-'-lO Corp 34% May 36% July Water iUnr.. Associated Oil 10 23% 26% 28% 758 9 15% 14 % 15% 8,664 14 % July 19% Jun 18 18 18 101 17% Jun 20% Apr 43% com.. 40% 43% 1,635 40'% July 26 % 28% 2,442 Corn Jan Jun 4 % 1.450 3% July 5% Feb 31% 13,623 30% July 35% Jun 36% 36% 1,585 30 206 Union k Carbide Oarooi Unt .28 35 Jan 37% Jun 29% Jan 31% Jun 29% May 28 % 10 1 United 28% 375 28 28% 375 28 Jan 29% 28% 28% 300 27% July 29 % Jun United 453 50 55% Apr U Aircraft * Un» Corp a 50% May 24% May 28% July 142 25% Jan 31% May 16 16 360 13% Jan 17% May 3% 425 3% Jan 4% 15% al7'/a a 2 9% a31% 3% 31% 24 17% May 23% 15% July 20% Feb 26% 37 Jun 16 Jun al04 15 Jan 15% 1 1,670 July 103% Jan 14 Mar July 14 151 14 100 102 238 99% July 3% 3% 700 3% Jun 8% Jun 9% 8% 9% 14 13% 14% 1,852 18% 18% 175 15% 17% 1,043 a8% aB% 16 7% July 52% 53 505 45 % Mar __1 Co Paramount 106% May 18% S Victor Corp a 17% 15% 17% 250 35-% 32% 35% 4.668 6% 6 6% 2,900 1 Jan 5% July 7% Jun Jan Jan Jun Jan Warner Jun 16 111% 4% Wells Bros Jan 10% Pictures Fargo Eank Preferred Un > & U T Petroleum 12% 12' (Un! 407 275 l — 275 25 69c 83c 2,963 5% (Un) 275 83c 100 ... common 5 5% 2,755 11% July 275 July 69c 16 Jan 300 Feb July 1.25 Mar 4% July 7% Mar Feb 21 Jan West 21 % Apr Western Air Lines.:,Inc 18'/a Mnr Western Pac RR 11% Mar Western Union 53 Westinghouse July Indies 63% a 68 202 58 Feb 16'% 16% 118 14% Feb 18% Apr Woolworth 34 34 195 27% Mar 35% Jun Yellow 67% May Sugar.1 330 80 30% Telegraph" (Uh)_—C—* a28% a28% 25 20 31% 1,095 Chrp Elec (F (Un) Motors 7% 43% 4 % a 8% 44 4 '/8 105 813 300 Jan Mar 29% July 5% Feb 43% July 3% Apr 25% July 9% Feb 33% May 28% Apr 36 Jun 8 July 50% Apr Jan 5 % " * T-: •• ■ i -x MARKETS JULY a Feb 7% July ,i2 r. - -h. ENDED a814 1 TTT .1 WEEK 31% 10 comrhon.—t "a - 31% 1 W) "(Uni.— Co ' fUn) —12% rjp LISTED 21% 8'/4 a?8 . FOR 170 7% a 36% '.1. CANADIAN a24% a24% 1 " Willys-Overland Cab (Un)—__11 common, t, RANGE (Un)__1 ctfs common. 18% 14% July „ 1 13% July Feb -• commor. Equipment Go • a Thea (Un)- Steel • (Un) 36% Mar Jun 32 Standard 25 Pulp ti Timber July 6c 32 Sperry Corp 28% -.*■ (Un) 27 23,600 a41% :— Edison Apr 641 (Un) 255 7c 15 28% (Un)_2.50 (Un) Co Dodge 30 6c Feb Jun Apr 460 * Pennsylvania RR Co (Un) Jun 11% Jun July 14 (Un) 14 % 510 37 4 50 Corp Apr Jan 13% 21% 5" 3 29% _100 common Pictures 6% 28% May 22% 33%c Companies Paramount 29% Apr 5% Feb 90 36% al04 (Un) common American World Airways July 100 Feb Pacific Westates Pan 34 26 45 6% 13 13% Mav 29% Mar 26 a 16 Jun 28% July ""mmon 1 270 29% 29% Mar Jan 280 (Un) —10 common 31 Jun 22 Co 3 % ._ ServW Tel & 48% May 1,370 Southern 30% common Cement com 25% Feb 1,930 Jun Common Pacific Jan 37% 33% 9% a48% a49% preferred 19% 85 27% California 31% 28% 1,918 a43 21% Southern -25 series A 24% 31 Jan 11% % 4.53% , -25 prefererd 23% 19% 24% 30 preferred red 4.80% 39% Mar 25% Jan 23,350 — 35% July a41% ..n ... (Urn preferred • - May lib'A 1st preferred 5% —29 common. Juri 60 * cumulative 4.32 Mai- 4 *u Electric & 38% 27% 18% 125 Jan 33% 76 7c all% al2% 23% 26 -5 Pacific 1,319 21% 40 29% A Jun 37% 35 • 32 35 class 35 63 10 (Un)—_r_ 1,902 29% (Un» common United Jan 23 Co 21% 3c common 24% OilfUn)———.—It Corp 16% July 29% ___ Edison 60 P10 CO"e|ir«,r Pulp Studebaker Oceanic Feb a32% a32% 1 Inc— Coalition Oil Spiegel North American 74 31 ' Co & Gas Soundview • 14% July 01 0 £ July al9% a207/« _ Central Niagara July 1 ; Southern National 46 15 King Sinclair 23% May 10% May 694 17 i (Un A Co OP Silver Mar 13c 8% 5 (Un) Fibres class Mining Roebuck Preferred Nash-Kelvinator National 270 19% May 24% 23% 53 % Inc Stores Flvnal 3.25 May July 15 a50% a52% a52% 10 Feb 53 24% Co Fo. d Mauricio Sears Jan 152 8 13% Jun " Tio Mines— 19 a34% (Uni_^_ —.10 common Socony-Vacuum M Jun 37% — __ Co Bros Ryan 17 . Apr 9 a34%a34% — Corp... Jun 27'/s 3.00 Mfg co South 23 311 53 Co Manulacturm* Richfield 1.45 Mar 32% 15 19 Jan 10 12% Jail 18% Apr 26 10 Inc. Co High 1,935 9% _l .... Low 16% . .100 Reynolds Tobacco class B 8hell Meier * common Range Since January 1 High 15% 15% _ 29% 14% 5 Ltd Realty Incorp Republic 8% Mar Jan 15 17 —1 _ ... n , Shares Jan 14% Machine common Navigation a for Week Low .(Un1 America Preferred Jun 31 of Rot.s Macy Sales Range "Sale Price Rheem Lockheed Loew's Week's of Prices Last 1 Rayoruei Kern 21 Friday alr>% al5% — ILLY STOCKS Range Since January 7% • (keuuecott Shares mah 6% ' ENDED for Week Last Sale Price WEEK Sales Range "rlday STOCKS FOR 21 ' -c-r- • Montreal Stock Canadian Week's Power $1.50 & Paper Canada Sales Last Range Shares 5% for Week of Prices Par Low Canadian Range Sir High Acadia-Atlantic Sugar class 5% preferred : A'.uminum : Car 11 10% 11 1,175 10 July 14% 14% 50 14 Jan 33% 36% 3,025 Canadian Class 21% 4% pfd 16% 2,105 13% _* Ltd Co. of Canada 15 68% 67 68 % 1,225 26 26% 1,230 25 __ 25% agio Canadian Tel -.l'gus Corp Ltd A bestos Corp pfd —50 common * * — mown Hardware fhurst A 4%% Power (J H> class A 10 a45% a45% 20 Canadian Jun 52% Feb 70 Jun 26 Jan 27 Mar 8 7 8 775 27% 30% 2,921 14 14 50 14 July 7 24% Jan Jan — & 6% 46% Jan 9 Jun 34% Celapese 24 bt.l Paper class A Foreign anndiai British Canadian Oil "^-nrW, Traction Light American Oil & Canadian British Columbia Forest Products British Columbia Power Corp Class cl Mills Class Building Bulolo Ltd class A Canada Jan 34 Jun Consolidated 49% 40% 41 4,450 39% Feb 42% Jun Consumers tii • 21% 20 21% 7,377 19 Jan 24'/a Jun Corby 29 DtetQleiy;"Clan 27% 29% 4,142 25% Jan 32% Jun 27% 29 150 32 Jun Crown 3.40 4.00 17,010 2% $1.30 4.00 A__* 29 3.75 Canada Canada For 16 27 26 Mar Jan 4.45 Jun (H) Class Iron 29 375 27% Jan 32% Jun DnmirvmT' 3.75 900 2% Jan 5% Jun Dominion Northern footnotes 16 16 75 16 July 6% 395 6 Jun 8 Power see Corp page 43 23% 330 22% July 31 May 15% 15% 200 15% July 18 Mar 103 103 40 103 May 17 19 9.814 14 15% 1,175 14 July 17% Apr 95 % 102',a 4,352 91% Mar 106 Va Jun 32 235 30% Jan 36 May 6.00 425 5.80 July 35 37 2,215 34 Jan 42 29% 29% 1,210 29 Jan 10 24 24 25 19 Jan 8 8 170 8 July — 19 % Mar 9.75 Mar W 29% • 103 May 28 36% Jun Jan Jan 18% MinfBg & 26% 26% 26 % 230 16% Mar 22% Jan 20% 28 Jun Jun & .^.a^o^>w_„-r» 23 Dominion Dairies Cd^Ltd__Il^L!SLilL* 8 12% Apr 175 8% Jan 12 Apr 34% 50 31% Jan 38 Apr 23% 4,525 19% July 27 Apr Jun 20 July , 12% 40% 44% 888 39% July 48% 19 430 19 July 21% Mar 12 12% 340 12 July 14% 7% 4 Feb 7% Apr 28% % irreferred^f"I^IC25 Corset 575 9 7% 44 6 9 % 19 Brtdve Coal 8 % 34% 9V4 * 29 85 27 Feb 32% Jun Jun Mar 5.80 37 common 22 % Apr May 49 8% Cork % 20 Foundries 23'/2 * B 3.25 6 5 common. preferred 31 Distillers • — 30% Dredging 26% 50 * Glsiss * Cement 50 31 SmslRtogS-^Z.• 25 Product* Gold 28 31 15'% 1,805 * B 28 102'% 30 Dominion Bruck Jan • 29% • B May 45 28 Paclflc%5uwiTy3S^rfc:^25 30 28 40'% May 24% Jan 22 100 Jun 16% May • Power common Jan 70 45 IZZZZTlZI- TOO preferred 28% 24 45 CompanieSt 25 freferred Jun 24 -if-.t* .Ipvestmenjt'^^li! <-«irnoUv»»,. • Telephone Lilian Jan 12% Mar 15% 15% commit) Cottons preferred-..^.'..—>25 Canadian 5% 36 commao^^L^L.— Series., Cockshutt Plow & * coi^i^n!J>..ij._<f_,!' Foundry -Tfc^mcu^..—• ; Canadian 18% 30 -- common Jun Apr Jan 45% Mar A July 105 i . Jan Jun 20% 33% May 16% 23% 25% 24% May * July Apr $1.00 Algoma Steel 20 18 Jan Apr 2,866 22% July Jan July 21 % 25 21% 21 20 High 100 22% 102 41% Mar 18 637 10 23% Jan Low 24 12,036 465 Jan 34 18 24 105 14 442 24 28% 21% 330 39 18 25% 21 23 % Bronze 23% 105 21 % ,— 23% Canners Ltd 24 — Range Since January 1 High 39 23 % :i*>Q ra,,^ ■ Shares Canadian 28% 100 -■ for Week Canadian * A Breweries Range Low '.rm-zi ZZZZ-ZZZZl Sales Week's of Prices High Low * .... Aluminium Steamship, comm< preferreed 20 common preferred Last Sale Price Par Sale Prfee Abitibi Friday xcr- Funds Friday STOCKS Exchange STOCKS— „ Dominion Foundries Sc Steel———_—• Dominion Glass 47 % 30 44% Mar 50% Jun 17 19 2,737 17 July 22% Jan 40 41 350 33 Jan 43 • 23 24 180 23 Mav 29 Feb —__.___.23 % 22 % 22% 75 Feb 23 May 10 11 7,360 July 12 Jan coiw*np».^"^.. Dominion Steel Juri Dominion Jan Dnmlnion Tar Redeemable Dominion & Ar CoaLcfes8 B_j_._2R 18" 41 CheVnlcat preferred Textile 47 % ZiZsZ' Stores - 7% common common--->—1.'._.* 10% 21% 10 Jun Volume 172 Number 4927 . . The Commercial and Financial Chronicle . (319) Canadian RANGE Friday STOCKS— Wrelt'r- Last Par Donnacona Donohue Dryden Eddy Paper Bros 4'A% pfd 100 Ltd Paper Electrolux class A Corp Co rommon. 4% % Power 75 13% 131/4 13% 141/4 27 I5y4 Tan Jan 103% 23% July Feb 19% 101 13'A July - 53 «27- r,656»« July 15% 15% 101 103 16 Jan 33 Apr 24% Jan Jan 101 % July 15% July 19% Apr 111 2.15 17 18 -i*,275 104% 104% 55- 18 _loo 50 -101 26- > *-110 - 300. 32 109 Apr Jan 111 Bridge July 103 Apr 3 rimnn Papei common 105% Bay 52% 260 52% July 53 Apr 16% 19 Trt65 16% July 21 May 11% 10% 11% 43 45 50 50 45: 50 Mining A Smelting 4 3 * 44% 251 10% July 34% Jan * 4J 14% Apr 51 Jun 48% -".100 50% Jun Feb ' 2,062 41% Mar ' 49 's,' Imperial OH Ltd • Imperial Tobacco ol Canada 25% 22 3A 25% Jan Corp 26% Jan * 32 293i 32 2,305 29% Jan 41 Jun a32 a32 15 32 33 330 common 32 33 » ; * com 6% preferred International Nickel 11 'A a4%' _25 of preferred Paper of Lang & the Ltd MacMillan 6%% Export Corp laassey-Harns 5% Mitchell A preferred-—. Tramways National Drug National Chemical & Car Niagara Wire Noranda Mines 7% 20 Jan 28% Jan 19'A Jan 15 50 17 Jan 11 Steel 6T-jif 11 9 Apr 40 1 110 July 25 9% Jan 7% Jan 13 Price 93 Jun 94 21% Jan 29% May 13'A 12 % 13'/» 2,535 12% July 22 % 22 % 25 27% 27% 570 25% Mar 25 26 315 25 18 17% 18 71 150 30 28 30 .37 110 4% 22% 50 22 Jan 63 % 68 20 20% a45 a 63 23% Mar 24% Apr July 71 Feb 19% Mar 22 Jan 25 15 Jun Lawrence 44 48% 2nd 50% July 57 Jan 12% July 17 Jun 50 '• July % 48% 50% *1,145 42% Jan 57 Jun 18% 16 19% 3,045 lb'/a Jan 22 Jun 83 73% 83 % -*3,680 63% . __ 14 18% 100 14% 140 99 Jan 860 12 Mar 18% 578 * 38 1 16% Jan 10% July Feb 15% 102% Jun 12% Jan r^,485 27 14 740 30 16'A Jun 6 8.80 75 17% 16% Jun Mar 20% 750 40 16% Jan <2.910 17% 93% 101 16 35 * 103% 103'A 17 Jan * <«'* 100% 100% 14 * 1st preferred 104 22% Jun Pr A Series 4% B Sheraton A Power Jun Jun 14 Jan 18% Jun 14 Mar 21 Jan class 7% 96 —602 84% Jan 58 57% 58 730 50% Jan 23 22 23% 47 47% 50 A 51 51 Breweries 20 17 17 22 3,737 Brown v 19% 19 19% ; 100 common t 4 % 141 a20 * c r ' 310- -4,035 141 19% 101% Jun 58'A May July 26% class A " 100 Press Co 8 Southern Canada Standard Chemical common Co Steel of Power 18'% 48% Jan 53% May 19 140 • July Company Stores Tooke common ; Canada Jnlted Vinegars 29 21 % 29 a98 a 28% Biscuit Wabasso Walker preferred a20 a21 20% 21 Canadian General ——i Canadian Industries 7% Worts Zellers Limited 5% common Canadian 5% preferred 8 VH Pr Catelli Food Inv Ltd 705 2.00 1,690 Apr 2.00 Jan 223 11 Jan 12 % July 7% 8 575 6 Jan 8% Jun 3.75 4.50 12,800 3% 98% 102 723 92% Jan 114'A May 9 9% 480 9 July 14 % Mar 20% 275 22% May __ 20 4,070 23 305 6 May 20 July 12 July 75 40 Jan 54 May al8% al""A 100 17% Jan 21 Jun 21% Feb 28 Jun Feb 180 Apr 25 .. 23 25 1,04» dl75 dl75 12 2.75 3.35 al.80 al 80 1,360 % al2% al2% 20 12 88 __ Class Ltd B Alcohols Consolidated Div Preferred 176 13% Mar A Textile & Class Frere class Corp Limitee alO 2 11 Jun 11 Jun 2 14 Jun 14% Jun 2.35 class 2.00 > A Works • Co Ltd 11 0 Ltd. • Freiman Great Ltd (A Lakes Class A Halifax Hayes Canada J) class common Co Paper Ltd Steel A__ — Investment Ltd Foundation convertible Lowney Co Ltd Maple Paper Maxwell Distilleries Canada Ltd common. 30 a33 15 14 450 12% Jan 17% 53 120 50 Jan 61 Mar 38 190 37 43 May 10 55 July July 65 Mar 7 55 55 7 7 603 20% 926 3.80 4.00 43% 41% 44 10 alO 17% • a 17% 17% 16% 17 15 Jun Feb July 10'A Jan Jan 21% Jun Jun 6.00 Jan 31% July 1.00 Jun 24'A Jan 37% May 1.75 45 Jan Jun a__ a 14% May Jan 14'A • 61 alO alO 6 10 May 29'A __ __ 34'A 3.75 3,393 10 alO Jan 16% 1.050 • __ 29% 100 28 Jan 9 9 50 22 May 22 May 12% May 36 'A May 15 Jan 9 July al2 al2 20 11 Jan 16 Jun 50% __ 50 50% 60 50 Mar* 53 Apr 15 15 190 14% July- 16% Jan 35'A 45'A Jun 7% f Co 6% Apr 73 • • Mica 19 20% . Ltd Melchers Jun L1oo Co Ltd.. ® and Tel Co Ltd com_10 6% % conv pfd 20 Massey-Harris 18 37 __ __ Leaf Mi'ling Maritime Teleg Apr 50 32 (Walter M) & 15 53 __ A preferred Power Jan 18 , MacLaren 11 a33 » Ltd 950 11% 1 00 • com class 27'/a May 1.00 " Wi Jun Jan 31% 10 Products Jun 17% 1.00 __® Co (Frank 1.00 16% • preferred Insurance Horner Ltd 6% of Co 1 3.00 Mar Jan >14 __ 20'A Fanny Farmer Candy Shops Inc Fleet Manufacturing Ltd. July Mar 12,821 a Jun 15 23% 45c 4 18 55 Lta 2.00 12 11 __ 3'A 775 ' 16 20% — Corp Worsteds Motor a55c al6 __50 Ltd Donnacona Products 2."5 a55c al6 ' common.. Oilelot.h * T.inolpum Steel Apr 6 al2%al2% 23 Dominion Woollens & Eastern 115 Jan 320 11,640 . Co Jan Apr Apr 100 » Paper May 5.00 20 Square 16 10 Ltd Mills Engineering Dominion 2.75 Feb 93 a A—* B Dominion Feb 4.55 __ * common Sec preferred Dominion 1.50 100 « Consolidated Jan 5.00 8 __ Ltd Stand Paper 5.50 2% 3 class — Consolidated David __ __ — Commercial 5% 3.35 9 41 41 41 Jan __ 6% 9 9 8 73 8'A Jun 10 16% 15% 25 16% Jun 18% 27% 27% 775 6% 6% 590 of pfd—10 11 11 11 55 10 1.00 95c 1.00 1 890 Minnesota Royal 27 Jan Feb Mar 30 May 6% Mar 7 Jan 10% Feb 85c Jan 11% Mar . — .. 20% 785 Jun 21 Feb 110 112 92 111% Mar 113 July 46 113 July & Co Pr Ltd com Power : Corp of Can 6% RucspII Industries Sangamo 1st pfd_100 cum Power Transvision-Television 6% pfd Ltd (Can) City Rapid Transit Gas United Amusement Class of Canada * Ltd • Corp class A vtc_-° 8 Corporations class A Class 100 * B United —• B « Limited Securities Westeel Products Western Canada __ — 110% 110 110% 100 Ltd 110 July 18% 18% 235 '8 Jan 11% 12 400 11 May 118 118 38 113 Jan 25c 25c 2,500 al6 al6 1 ... 25c __ 14 __ __ __ — 35 5 Breweries — 14 Lead Mines Ltd * Ltd Jan 22% Apr Bevcourt Gold 26 7% July 10% Apr Mar 23% Jun Bonville 24% Jun Bouscadillac 20 Bob's Lake 6% Mining 13% 14% 13% July 19 % Mar 36% 36% 15 35% Feb 36'A July 29% 29 % 100 29 % July 5.0 30 50 29% Jan 30 29 29% 80 26 Jan 29% Jun 27 35 375 12% Jan 42 Jun 63 63 100 50 Jan 68 Jun 14 14'A 360 14 July 17% Jan 335 Gold Gold Jan 1.72 1.56 1.80 67,750 43c Jan 5.00 Jun 2c 200 2c Jan 5c May 1.31 40,650 50c Mar 2.65 Jun Gold 1 Ltd 1 Mines -1 Ltd— Ltd Mines • 1 Ltd Mines Mines Gold — — — 38%c 57c — — 10c — 10c 10c 1,000 10c July 15%c Apr 15c 16c 9,500 13c Jan 63c Mar a3c a3c 100 3c July 7c Jan 33c 40c 9.000 20c Mar 45c May 47c 60c 57,100 40c Jun 92c Jun 53c 53c 1,090 53c July 53c July 3%c 7c Jan 28c May 3'Ac 509 7c 10c 21.500 2c Jan a4c a4c 509 5c May 6%c May 3'Ac July Jan 1 8c 8c 8c 1,590 5c May 14c —1 7%c 6%c 7'Ac 15.500 6c July 11c Jan • 3%c 3%c 4'Ac 28.000 2'Ac Jan 7'Ac Jun 8 -- 5c 5c 2.099 2c Mar .-1 13c 11c 15c 15 200 May 5% Mar Candego Mines Jun 175 Feb 9 Jun Celta Ltd Cartier-Malartic Jan Dev & Gold Mines Ltd Mining Co Ltd—: Gold Centremaque Mines 36% Jan 47'A Jun Chesterville 24 Feb 28 May 15"% July 19 Jan 42% Ltd Century Mining Corp Ltd 43% 5'Ac July 5%c Feb 23c Jun 3c Feb 11c July 78c Apr ,3.695 25* - S. 275 ■ - 37 % ..4,175 26% 50 > July 99% Jun 101 13 Apr 17 25% Jan 26% Mar 23 28 27% 10 Feb 29% 20% 20 vr 25% 25 'A'" 31% :*'?» 31% 28 28 %T % 41%* "4.53 — '20 Feb Apr Mines 1 Consolidated Cons Cadillac Central Cortez Explorations 78c 78c 66c 60c 66c 82 990 55c July July 66c July 5c 5%c 11,500 4c Feb 10c Jun Jun 1 Ltd Mines Ltd.. 1 —1 Mining Co Ltd Cournor 5c 78c Mines_l Lebel Ore Mines Ltd— Rochette 500 5c 1 1 Ltd..— Cobalt Lode Silver Mines Ltd— 1 — 5c — 23c — — 17%c 17%c 20c 25c 27 % 27% Jan 2 0">9 15c July 27c 16 450 20c July 33c July 8c Jan July 25c Jan July July 20'A Jan 1.30 2.52 Apr 4.45 Feb 7.50 Jun 3c 4c 15 000 3c 10c 11c 1.000 9c 14 14% 225 Malartic Mines Limited 1 1.51 1.30 1.51 Sullivan Mines Ltd —1 6.90 5.85 6 99 3.390 21 490 Mines Ltd -1 24c 39c 12 590 Mines 20% Jun Flrionn Gold V- '-550 24 % Jan 27% Jun 150 - 1.75 Jun Jan Jan 30% Jan 32% 97j. r: 27 Jan 30% Jun Fnntana -*250 39 Jan 42% Jun Giant 870 27 Jun 29% Jun Hollinger Ltd * 14% 26c 14 24c July 47c Jan Jun "*■>*, f ' 43. July 2c 1 Mines Ltd__ Feb 700 41 29 'A Jun 26% 27 % Apr 13% Mar 1.15 1 Ltd Ltd 15% 260 10 40c 2c 1 Ltd— Corp Mines 35 14% 10 Scotia Royal Jun Apr Mines Gold July 14% Nova 118 1.30 Ltd———1 (1937) July 15% 28% Feb Feb 12'A Mar _1 13 14% 10 Jan 10 in3/4 Jun —* Jan Mines 20% Mar 40 Montreal 20c 19% Mining Stocks— 39 • 20 12 * u'32 100 .» 18% July 18% ® Southern Canada Twin 100 Ltd Ltd Co 65 30 - May 20% Lt preferred Chibougam .-■? 99% 10 12 20% Scotia 6% ..*-1,645 15% —- Jan * Nova 32 36 10 9 15.9 175 13 % 24% 20 % Jun 10% 13 99% 10 82 18% 32 28 Jan 22% May July 10% Metals il65 15% 1.05 17% July 72 18% Belle to 43% 1"4 1K% Base Feb 13 1,050 • Jan 20 1,695 19 % 74% 10 Apr Mar .-...4.x 18 72 Ltd 30% 5 165 Mills 19% 74% Newfoundland Light & Power 100% 14 7% 5 " Apr 1Q0 165 Rice Paper Co Ltd Mar 425 6% Ontario & Corporation Athona 5 7% Ltd East Jan 105 12 48 East page Jun 12 12 48 0 Aumaque Gold Mines Ltd.— 17% 25 ____ see 13 Apr 5 . ... Jan • Jun 17 25 _ 6% 1.75 43 __ com—8 : Ltd Products Consolidated common footnotes 10% 12% 102 '* Canadian Western Lumber Co Dome For Paper Jan Banks— Imperial & Vickers 19 . 1,915 22% • __ Canadienne tun 9 1.95 al9% preferred Canadian 22% 265 ^ ' ...100 preferred 6% 9% Mar 4.45 1 22 300 % 21 21 8 Electric 6 11% __ __ 100 152 27 7% » preferred 10% common. May 98% 22% • com 5% Jan * Metals Corp Ltd 10 -r 23 8 Ltd Winnipeg 7% ' Co preferred Mines Jan 8% * A 2,975 Investments Ascot July 22% * Cotton (Geo.) 9% 8 Arno 18 * 100 i Corp Gooderham Weston Wilsils 8% 1 Sugar Mar 80 -* a98 ■>* Viau May 9'% "A"_* Ltd 17% July 4 7% Mar 20 1 Fairbanks-Morse 24 _» Tobacco Steel 13 Feb 101 Jfc Dominion Canada Bouzan Ltd Brothers Tuckett July 14% • B common July 20 95 • Preferred Thrift 20 2,750 8 20'A 105 * * 5 Canada 6 17'A • Jun 46%.July 9% Mar *■*- 225 a20 18 a * preferred 7r Southam class Preferred Band-Ore Simpsons Co Butterfly Hosiery Co Ltd United 5r V- 302 ^200 * 17% common.» preferred Sicks Paper "B" Anacon Ltd Common 94 50 prefererd Williams of Canada Sherwin 95% • com preferred 4%% & Union Jan 46% ___i Shawinigan Water 6 16 __ Apr Jan 99 preferred Series Class Jun 100 500 49 Paper High 6 17% • Ltd___ Columbia Packers Ltd class Mount 250 13 ,v St Brit Moore * common 53 51 • preferred Jan j. 44 alO preferred Feb 44 12 % ..,.— 175 12% alO pfd 38% May 50% 10% common 165 13 • Flour Mills Jun x 265 45 alO Lawrence 7% 2,006 165 12% 2nd Feb 22% • St 9 % 165 • common 4%% Feb July • Corp 43 67 100 Power July 19 Rolland Paper common Royalite Oil Ltd Lawrence Jun 36% July 225 • 1st Apr Jan 2,371 Power St 90 Feb 37 22 c preferred Saguenay Jun 22% 7% 22 Apr 29% July Jan Jan Jan 28 29 7% 1 Provincial Transport Quebec 28 16% July 19 % _ Ltd 37% Jan 22 * Co 17 1,321 36% • & 21 1,260 70 0 Co Bros Jun 25 tf common River Jun 2,245 20 Corp ol Canada Power 12% 94 100 Tubes Jan May 26 25 Low 8 • common Development Powell Bathurst Ford 525 r , Penmans 11% 115 94 • Products Page-Hershey July 24% . Placer 15 Mar 80 ; 11 __ $ preferred Ontario 19 26 • Ltd Mills Jun Jun 10% common —5 Corp. Weaving Flour May Jun — Ogllvie May 12 25 13% ^ .25 Steel 117 Jan July 22% 9 • preferred National Jun 6 175.. Z f 110 • common Jan 52% Jun May 95 100 Breweries 19 35% 150 Jun 19 9 » Locomotive Montreal 8% 956. 18% al4 110 • Montreal May 6.00 Mar 15 • A 14 23% 9 • class Jun 19 110 * Ltd Jun 41 al4 — 100 B 40% 23% — • Oil Breweries Class 17f> 3 1,109 0 (Robt) Moison 112% 114 9% 11 McColl-Frontenac Jan 20% B Mailman 37% 19 48'% 100 pfd class 2,808 8% 3 — W) 29% Mar Feb 9% 8 _ July 143 % 20% 114 Feb 44 • A) -ifc15 2,645 45 *19 Ltd iC Class „ %*: 4.25 . 205 48 % I* (John 25 5 Ltd Corp Jan 31% July 11% July - 15 %••%'? 34 29% 30 .<•>>. 149% 149'% 7% Woods Bros 31% Ltd Secord Lindsay 34 # *'• m Utilities Sons Laura Lewis common retr-- (John) Lake 15 loo preferred Lrbatt 15 • Canada ---it 11% a4% — •• Bronze International Jan "*1*31.1325 preferred Intciuauunu. Apr 14% 13% 26% 25 $4.00 28% 13-AiJuly 13 26 preferred International 21% Mar LOO » 13 'A 2b % Inglis (John) 7% Steels Range Since January 1 -LorT 6 Ltd Co Canadian Marconi Company 04 25 Acceptance International ■'* 25:% Ltd- Week Shares July common.5 preferred $1.60 Jan 52% • preferred $1.25 Feb 19% Mar 19 • Works Develop Lov for Apr 2.15 July 52 Vi> * Glove Atlas of Prices Par ( Anglo-Nfld R»-.rf Sale Price Jun July 1/ . bales Lasi Bickle-Seagrave Ltd - -*80 111 • AiaDastwe 5,315- 2.15 * (1927) 16% Acrk's Jun STOCKS 18% May 98 25- Fund* Friday Apr Canadian Hamilton Indust Canadian Jun 20 i'J," 100 preferred _i Goodyear Tire & Rubber— 4% Montreal Curb Market • 13 ' Ltd & 27 29% 101 -*50" \ • Wares common preferred ts .. 67 !•*<>- 14'/4 26% loo I akeries Steel Hudson ■•5--^.. 16% / 5% $2.00 21 Vie 100 General no ward Jan V8 29 % preferred Lime Jan 15- 16 • common General 4% 93% 21 Vie • preferred Gypsum 125"**" 100 18 lo7/8 ,1 i 5%%■ 18 Vie; 21 High Acme preferred Qatlneau 5% 21 Low .20 preferred markets JULY Range Since January 1 High 102 '/2 102 >/2 —' ENDED *■ Shares i Co Famous Players Canadian Corp. Foundation Co ol Canada Frnser 1C2 % • WEEK for Week Low • Paper Sales Ransr of Pricea Sale Price listed FOR Falconbridge Nickel Mines Ltd Mines Yellow Cons (1945) Knife Gold Ltd Gold Mines —8 Ltd 5 30 5.30 100 Feb 6.35 Jun 2'Ac Jan 7'Ac Jun 6.70 6 70 3c 6.79 3,000 1 100 6.20 Jan 9.15 May 5 8.75 8.55 8.75 815 8.50 July 11% May —1 Mine...: — 4.25 ■3c 40 CANADIAN RANGE Week'a Friday Range Low " Jaculet Mines Ltrl Ltd Mines Joliet-Quebec Mines Ltd 1 Mines Gold Ltd Feb 13c 2C Jan 7%c 46c 62,800 23c July 60c May 40c 2,500 37c July 82c Jan IdC 2.,e 17,000 13c July 32 %c 15% . 15 Vg 100 14 July Par May Jun Eathurst Power Labrador Mining & Dulama Gold Ltd—1 4.15 4.15 20% Mar 40c 50c 69,600 10 10 100 3%c 3 %c 1,500 Ltd Lake Shore Mines Ltd ; Lingside « Gold Louvicourt Mines Ltd Goldneids Ltd — 1 B Mclntyre-Porcupine 13c 15c 30c 48c 47c 48c 33/aC Bell Berens Bertram & class A 52 % 51 52 % * 10% 10% 10% Nechi Cons Dredging 40c 55c 4c 4 Vac 11c Jan Bonetal Gold x 38c 38c 40c Bonville 1 10c 7c 10c 1 11c 11c 11c * Mar July 86c May July 667/s Jan 13'/a Feb Gold Eowes Co class New Norseman Mines ; New Pac.fic Normetal Coal Mining Corp Rralorne 55c 95c Mar 34,400 23c July 99c Jun Rrewig Red 23c 25c 28c 8,575 22c July 50c May Bright (T 13c 13c 13c 1.000 13c July 37 %c Apr oilman 45 Vic July 95c Jun 46c 50c 5.000 3.30 — 3.60 * 3.60 10,950 Gold Mines Ltd—-. | O3isko Lake Mines Ltd f* Pitt Gold Mining Co Ltd Porcupine' Prime Mines Ltd 1 — 1.70 May 2.50 Mar 3.60 July Brazilian Labrador Quebec Yeilowknife Gold Devel Quemont Mining Red | discoe f >• Miller Gold Mines Mines Ltd Stadacona Mines Standard Gold Steep Rock Sullivan Iron Cons Sylvanite (1944) Mines 10,000 C,c 4,500 300 18% 19% 3 Vac 4c - 17 %c 25c 13,000 Gold Mines 15 %c Mar 2%c 1 1.70 1.80 7Jc 17 %c Torbrit Silver Mines Ltd. 31c Mar 55c July a33c a35c 102 35c 10c 15c 4,500 fic 2.95 3.40 7,800 2.50 3.00 10,800 56c May 1.05 May July 62c Jan Jan 27c Jun 3.60 May 2.32 3 yn Trebor Mines United Asbestos Ltd 1.52 Apr 1.33 600 1.00 4,000 80c Feb 1.33 July July 7c 7c 9,200 5c 40c 45c 12,200 40c July 13c 12c 14c 18,500 2c Feb 9.03 9.00 9.00 200 8.00 Feb 27c 35c 32,100 28c 33c 31,500 5c 6c 1,500 1 __ Jun l . Vilbona Waite Geld Mines Amulet Ltd-—_.J Mines Ltd Wendell Mineral Western Ashlev Westville 1.40 May 14Vic Jan 71c Jan ' Corp Ltd * Products 1 — Minerals Ltd Mines ■■ __ 23c 1 Ltd 4% 24 %c May 13c Mar 291/2c May 9.25 " ; ' Class 3V2C Mar 54c Jun 72c Jun 9%c Jun Oil 8tocRs— Calgary & Calmont Co Edmonton Oils Ltd Corp • Ltd-.. J. Ltd 4.50 1 7.00 300 49c • — 5.05 C.45 " Mr 53c 6,500 53c Leduc Consolidated Dalhousie Oils Ltd 1.900 1.30 Homestead Oil Co 1.30 3.85 Feb 6.45 July 49c 200 Va.o 4%C 5%C 9,500 30c 30c 50 1 -0 Oil l.i.5 l.~0 3,000 4 Ltd — Gaspe Oil Ventures Ltd -1 — _ New Britain » Dominion Oil Feb 6.25 8.85 Jun 76c Jun 1.17 Feb 1.95 Jun 4c Feb 8V2C Pan July 45c Jun 1.22 Jan 1.88 Feb 13% 1.03 1.03 1,000 1.03 July 1.50 Jun 6c 86,000 3%c Mar 9c May 5.60 6.05 5,600 4.20 Mar 7.25 Jun Oils 35c 40c 19.500 18c Jan 75c 75c 1,000 41c Feb • i Ltd 15 * Western Oils Ltd Superior 28c • ' • - _ . ' Eruck class Toronto Slock 6,731 10 % Feb 16% 59c Jun 1.16 May class Paper common • A Building Acme Products Burns & Co Burrard Calder class *. B Agnew-Surpass Akaltcho Yellow Knife tM Aioerta I 1K Pacific 25% 23% 6,655 21% Jan 33% May 24 1.7'tl. 22 Vg Jan Aluminium 21% 240 27,900 Amalgamated American Anacon in Canada of 4% Jan 9% 110 8% Jun 9% July Jan 1.75 May 95c 1.11 5,900 70c 40c * Ji\ '■< Bank of . Baihurst For Jun 7% 7% 7% 575 7 Jun 8 July Jan 16c 1 7%c 7c 7%c 5,000 7c 7.10 6.65 7.10 4,b55 6.50 July 8.90 • 4c 4c 4%c 5,000 4c July 9c May 53c 39c 55c 28,600 39c July 82c Jun • 4.50 3.85 4.50 9,450 3.85 July 6.10 Jun 1 2.21 2.20 2.35 2,050 2.20 Jun 3.25 Jan 2.35 May 2.87% — Petroleums Ltd Canada Eread C.ass- B Canada common 2.40 — preferred--—. Cement 50 Apr 2.40 class 15 Jan 36 37 220 35 July 42% Apr 35% 36% 1,025 34 Jan 42% Jan 29% 29% 25 <W Jan 30 Jan 12 12 50 11% Jan 13 May <isu Foils 2.40 36 A 12 ,J> Canada Northern Cunaua Packeitt B Canada Power ciaos ____0 9% Permanent Mtge 9 "2 34% 35 % 175 33% May 37 Va Jun 24 Va 24% 24% 200 19 Jan 26 V2 Jun 45 ' 8 34% A — 45 295 45 July 14 com —_23 new 150 Canada S S Lines * common..—.. 7 July 12% Jan 46% July 23 23 23% 123 Jan 2".% July 39 39 135 33% Jan 41 % Apr 35 35 35 50 30 % Jan 36 Jan 6 6 25 6 July 11% Jan 25 '/4 25 % 25 31 550 25 Jan 27 Va Jun 2IV4 Preferred 20 21% 3,210 20 July 23% Feb 17% 18% 1,025 17% July 20% Jan 18 % 18% 365 18 % July 20 '/a Jan 50 Wire &: Cable class B_ ---* Canadian Bakeries " Laiiaaian Bau& Canadian Breweries Canadian Cuuuueae ui Canners Convertible Canadian • common preferred Car 17% • 11% * : 11% 325 10 July 14% 90 14 Apr 15% 36% 33% 36 3 1,100 29 Feb 40 % May 23 20 Celanese • common preferred Food Products A : Tire 24% 60 3.00 3.05 995 10 10 45 10 56 56 25 56 July July 53c July 15 July 18 % Apr 16% Mar 20% Jun 41 Jun 56 62c 0 Leduc 15% 695 19 Va 8,724 38 38 90 1.01 1.12 2,500 1.00 July 1.45 1.80' 2.00 1,875 1.80 July 2.60 1.01 Loan -.100 208 208 290 1.25 1.49 22,700 55c 1 Central 203 1.40 — , 31 58c 1 Chateau-Gal Wines 50c 4,900 15,500 * Research 1.00 10,000 10 %c 14%c 1 59c 13%c 16 Vac Porcupine Centremaque Gold 205 55c 14c 8 8 55c 6c 14c 16,625 55c 64c 6,410 July 65c Jan 6%c 7c 3,500 Jun 1.08 Jan July 27c Jun Jan 24c Jun Jan 8% Feb July 1.37 Feb 45c 4,100 10c Feb July 2.10 7% 20,628 Citra-Lartic July 203 Feb 6c 8,500 78c 1 Feb 52c 4,500 21c Mines May 13%c 150 50c Jan Jan 1.03 May 15 * July 75% May 17 5c 43c 6.00 19 Central Patricia Gold Mines Chemical 25 12% May 15 1 Oil,, 7,312 Mar July ® 1 Canada 68c 3.00 ——-25 common Railway r-osH^-Trethewey ubukiai Jun 24% 100 Corp Central Mar M - Cos 4 13 6 common — Goia Luriooo 10% 14% 24% common A 21c 26 Jan Coastal 1.75 1.59 1.80 65,340 5.05 4.50 5.15 19,970 9.75 9.75 400 18c 20c 2,300 14,750 — — 6 Vac July 44c 3.80 9.60 18c Jan 14>/2c May 5.00 Jun Feb 6.30 4c Jun 55c July IIV2C 9c Jun 1.78 Jan Feb 40c 11V4 Apr 32V2c Jun Ltd Mines 1 Oils * Cochenour Wlllans Cocxsnutt Coin 6c 19c 27c 87,500 12c Jan 10 %c 16c 3,000 10c 7% 7% 575 7 July July 6c 6c 1,000 5c May 32c 1 Jun July 18c Jun 36 %c Mar 85c Jun Lake 1 ; Colling wood Colomac Term 3%c Mar Jun Coniagas Mines 68c 8% 45c Apr Mar Coniaurum Consolidated Mar Jun Consolidated 9,700 2.45 2.lo 2.50 26,300 9% 8% 10 3,745 19c 19c Rentla 10 4%c 12c 6c 6c 1,500 13c 18c 39,000 6 Va c 2J 3.00 6 %c 3,210 500 2.75 5c • Beattle • Apr Consolidated « 20 1-1 -. x—*'- Homestead Jun Consolidated Howey Consolidated Lebel Mining 30c May Jan 13c 100 10 Apr 10,000 66c Mar July 3 %c Jun 7c May 1.50 750 1.15 Feb 1.84 Jun 9 9 550 6 Vg Jan 1.30 1.30 100 1.27 July 1.50 July July 1.15 34c Apr 7%c Mar 16c May- 70c 70c 15c Smelting— ft . 1,525 12c 4 7 % 35 45c 53c -4e 102 • - 4.321 40c 17c 19c 102 3c „ 65c 12c 7 July 40c July '—.1,000—. ..45c. July..-.. 6c 35c 95% •,-> 5 3,520 45c %c 99,635 8c 42c —* 16c 7% 18c — 72c 7%c - - _—1 _ 8% Mar 3.80 Apr ll%c May Corby H) ( 980 27% Feb % 42 460 35% Jan 43 9% July 9% 74c 60 38% Jan 42% Jun 1.10 33,453 July 1.88 Apr • Distillery Paper Imperial Box 163 1 70% 1.23 p 30% Jun Cournor Mining Crestaurum Crow's _ _ Mines Nest Crowshore _ 4c Mar 9c 6,649 35c July 65c 8c May 27c Jun 106% Jun 2,689 91% Mar 183 1.29 9,900 700 51c July 70c 9V2 2,135 8 100 100 5 100 15 16 550 12c 12c 1.000 40c 146,950 20c Mar 45c May 14 90 July 14 July Davies 29% 30 165 17c - 17c 13c 2,000 14 % July Feb Feb 8%c July 13c Feb 177 Apr May 1.64 May 12% 100 AptFob 17% Jun 25c Jan 25c May -100 49 49 49 20 —1 D'Aragon Mines 14 1 Jan 1.01 July Jun 14c 14c 15c 10,250 7c Mar 25.% c Jun —1 14c 11c 15c 15,500 10c Apr 31c Apr 20c 23c 4,500 IHc July 21 21 80 47 Apr 52% Mar Apr 31c _ 1 Coal Patricia 52c 160% 8% __ May- 1.05 May 72 366 100 « Jan 226,000 1.14 A referred— -109 Jan * 1,5 class Mills Apr i- » • Jun 41% 94e Cosmos 170 100 Exploration Apr 3c 1.30 1 July 1.50 • 1 1. Oro_ Consumers Gas Conwest Corrugated July 29 85c • 2.35 Mar Jan 52c 39c Apr 10 2 Mines Duquesne July 41 % 1.05 21c —— May 28 41 10 — 3.30 Jan Jan 2.82 in Toronto 17%c Jan 7% 10c 17c 10 July 2.63 16 1.28 5,000 2.85 1 . 7c Jan Consolidated 16c .1 Montreal 13% 14c • 50c • „1 Bakeries Jun Jun 70 2,000 * Consolidated 58c 194,950 14c 10 1 25c 12c 14c 1 Jan 1.32 14c > 5 _ Astoria July 14% 17% May —— Ansley 9c 7e 13% July 3c Mines 21c 14 1.30 July 980 _1 Consolidated 5,500 1.13 19,100 15 % 23 Vic May 57,000 14 1.54 14 • National 13c 10c 1.35 O preferred Petroleum Conduits 35c 1.30 1.40 YellowKnilb 8%c May 12e —1 10c 15 % Plow 23c .10 13c Jun Jan Feb 4%c ■ Apr 36% — com—on--—- 63c 7% 43. Apr 24 Campbell Kea L»*.e Commonwealth page Jun Feb Consolidated see May 17 78c .1 footnotes 5ac 41a 5'/2c 5c i 36 21 i 1 A Jan July 19% 1 500 1. class 30% 24c 11 %c May 17 y4 Chlmo Gold .1 Power Jun 4%c Mar Jan Chesklrk Mines 43c IIII—• ~i Metals Apr 37c Jan ■ 1 14 it Jun 2.23 14% Chestervtlle • Barymin Co Ltd 20 %c July 145 Jun » l,cu mdf Mar 8c 17,800 Jun 43c Aubelle Mines I; Barnat Mines 8 July 16 Jun Mar CoroiJt Nova May 9c 1.00 175 " Jun 70c May Aunor Gold of 27c 19 27 Aumaque Bank 32% 24c 60c 49c Yeilowknife of 32 25c 70 July : Bank 3,400 Feb « Bankfield Consolidated 5%c Jan Mar 15c ; Atlas 5c 52% 255 Ashdown Hardware clacsA.. ncaona Mines (1937) % i — 13% — it: 33,000 1,630 7,520 1. Steels 19c 1,598 -- Atlas 13c 17c 2,000 21c on Atlantic Oil July 6 4,931 16% 1 Metals Jan 5% "49 %c 29,000 ' 69 % 26 Va Argus Corp common— Warrants • vmt 32% Jan 150 » 13c 1.25 67 17c Mines — % 6 " 10c 1.05 14% ,. Armistice July 2% - 5,600 % 26% ; — Jun 21c Apex Consolidated Res rj Aquarius Porcupine Arjon Gold 27 % 2,700 23c 69 Apr 21 Calmont Oils Calvan 53c 6% 11c • 16% * {.< ;, 12c 26 '/a Yeilowknife Anglo Rouyn Mines Area 55 %c July 4%c • T? Anglo-Huronian t July 6,000 i Nepheline Canadian July 21c 6% piu...25 Larder Lead 21 24% May 25'/a Apr 35c II—• I Ltd Co American 1.10 1 Aigoma Steel Aluminum High 23 % 9 1 Cons Low 2 I""* ——; Range Since January 1 High 5 Jun Jun 9% * 61 Edmonton Flin Flon Shares 21 4.50 12% - 0 Bousquet Ott.gary Caninan of Prices 25c 55 %c Jan Jan Mar- __M Canadian , 2.75 1,150 3.85 49 %c 1 A for Week 4oc 23 3.25' • class Range 21 Va Jun 103 Feb 15 Pacific Gas & Oil 27%. —* Yeilowknife Gold Oils 1 Acadia-Uranium u 29 3.85 Burlington Steei Canadian '.% 6 1 Lake Canadian • May 11 300 1 Red Sales 28 % 20 class 710 8 Buffalo Last $1.50 preferred 12 Vg 7% * A Canadian Malartic Acadia-Atlantic 4.00 12 8 1 Week's Low 3.30 12% 1 fnoay Sale Price 3.95 • Gold Preferred Canadian Funds Par 25% Mar Jun Exchange 11. ' 10,900 75 • A • New „ 99% Buffalo Canadian Class & Jun 89 86 Ankerlte Canadian Power Jun 91% 25 100 Products Mills class B Canadian Abltlbi 32 29% — • dunadison Class STOCK8 Jun Jun 30c f .03 _1 32% Jun Jun 15 * Omnitrans Exploration Ltd Pacific Petroleums Ltd Jan 25% 89% Broulan Porcupine Canada Home Oil Co Ltd July * Columbia Power Class Central Jun 16: 29 Class B Canada Oil 16c Jun 89 — 24 Vg Jan Mar 99 % B neierred Anglo-Canadian Jan 15 Va Mar Jan ' l 10 3c 100 pfd Apr 87c 1,00 l Jan July 19 Vg 15 100 Hec preferred Bulldog 2.40 Mar 1.33 l Ltd '' __2S Columbia Buffalo Apr 1,000 2.70 July Jun 1,500 3.40 May 28c 1.03 35c 1 Feb 7c 2.62 60c 15c 23% i . 4,408 July 25c July 14 % May 40 May Feb 57c 35c 1 _ July 55c • May 19c 1.70 July 500 1 28c Jan 3c 1,310 79c Jan 13% July 1,500 22c ..1 — 29% Forest - 4c Ltd 27% Packers 22c Mines Mines 29 Columbia 5%c Ltd -' Miiumoii uu Columbia 18-VaC Ltd—; 335 British 7c - 75 6.50 9,125 British 22c 60c 14% 9c 23c Mar July 27 15,500 May 1 l 14 % 16 July Ltd—1 Ltd 2,180 8c 8c Feb July l Sladen-Malartic Mines 7.25 21% 60c 4c Ltd 6.95 7c Jun 55c — 7.25 15 1.58 July 3,300 Sherritt-Gordon Mines Ltd Silver 7,166 20 1.12 3,000 __i 75 10c 15 200 4c Royran Gold Fields Ltd July 37 9c 7c 1.12 •58c - lCc 500 37 Apr 4c —' Apr 21% 2.32 55c Mines Ltd Apr May Pwr corn.* 1.30 July 56c Ltd Mines Jun 16C 25c <fe Lake G) 500 1 Corp Ltd i. | Crest Gold Co Jun 6%c Jan Light Traction Preferred British British Quebec < 76c Jan 2c 0 1.40 l — Feb 4c 71,450 A 1.35 1.40 24c 64c class 1.12 ___1 July July 1 Amencau • Jan 20 38c 0 1,000 4.300 39c : Jan 4iC Mar 85c 55c 1.50 4%% O'Brien Cordage 1 Ltd July 2,500 37 • . 30c July 0 Mines 55c Ltd Jun 9V2c July 10c 1.25 —— Oils & B 34c ,_ Jun 14 42% 16% Mar 800 Ltold 12% Feb 2Vc 3,500 lie 1.50 Goldvue Mines i_td Ltd High Feb July 39% 56,850 1 1 Klrkland 1 New Mines 20 50c aiagood _1 1 Calumet Foimaque Mines, Ltd 50 20 1 ,_1 Ltd New New 20 ♦ Gold Brantford - i>UJ Bobjo Mines 10% July 3,100 Mining Corp of Canada Ltd 2<c Jan 30c 40c 17,192 6% 10 7%c May July 51 115 41 40% 1 Sons 180 2ic 401 25 Rive: 390 10% Jun 14 Jan 12c 3,000 __5 Ltd Range Since January 1 Low 10 10 10 • — 1.33 July July 10 7,000 1 Mines tteek Shares High 9% —* : nordulac Mwdonald Mines Ltd - Low tor 5.25 4.00 Mar 200 45c 1 Co 4.15 • 1 Explor Mines class Bros Telephone ocatty Bevcourt La suture of Prices Jun 15% 22c l — 10c 7,000 37c 1 Mining Kayrand Kerr-Addison 207 4%c 31c 45c 1 10c 4c ' f-v Monday, July 24, 1959 . Sales Week's Last Sale Price High 10c 10c 1 — Ltd Mines Friday Low . >il Range Since January 1 High . MARKETS JULY ENDED STOCKS Shares ' Lake WEEK for week of Prlce« Par Hudson-Rand Gold LISTED FOK Sales L»a i Sale Price STOCKS jac* Chronicle The Commercial and Financial (320) 24% Jan 33% Jun _____ •- Petroleum 42c Jan 24 Jan ' Davis Leather class A • 20 Jun Number 4927 Volume 172 . (321) The Commercial and Financial Chronicle . . RANGE Week's Friday STOCKS Kiaugt of Prices Low Decalta Oils 21 173 15c lfcc 23.000 1 40 1.40 1.40 600 1 75c 70c bjc 20,700 Jan 10c Del Rio Producers Ltd Indian 24 %c Jun July 1.90 1.42 Jun 40c S1.00 Inghs Detta Red 1 £c 7c 9c 13.900 6c Jan 1 37 Vic 4lc 23 % 43,800 4,680 Mar 23 % 31c 19% 28c 2 • 14% 13% 14% 10 26'/2 26% 26% Lake Discovery Yellowknlle Distillers Seagrams Dome Mines Ltd Dominion Bank Domin.on Coal preferred preferred (John; 27% 4,215 13 July 20 % 195 26 Mar 27% 22 Apr Dominion Scottish Dominion Steel 19% 200 19 30 11 % 1,134 2.375 21 Jan 23 Tar class 26% Jan 335s 250 5 Jan 7% Jun 2,245 100 & Donalda 103 37% 41 2,600 16% July 22% 24 35 33 % 43% 22% 22% 25 22% May 32 __ 10% 665 10 July 12 Jan 36c 43c 40,000 30c July 73c Mines __ 41 %c 1 Jan 1 5c 5c 6c 10,500 5c July 9%c 1 9c 8%c 9c 7.500 7c July 20c Gc 6c 7,500 4c Feb 11c 21c 25c 3,500 21c July 31c East • Leduc East Malartic East Eddy Paper class A__ 1.59 33,600 C.95 76,760 4.40 Feb 7.60 4.00 625 3.50 July 6% ISO 17 15% Jan 36c 33c 37c 26,350 33c July 1 25%c 21c 31c 123,125 21c July 1 9%c 9c 10c 10,636 7c July 11,500 5c Gold Sol 1 Eureka 21 21 21 25 9% 41c 9% 37p 9% 45c TOO 6,300 Corp_ 1 .1"—- ■ ■■■-■ — j* Falcon bridge Nickel ___ 3. ^Famous Pia^ersiFanny Farmer Candy Sho|s>_ Preferred- KirffcHmd Zta.- LI. •'•{E.J6. Federated |£:f Fleet Manufacturing • -Ford Motor:c*ass A____ i ' Oils 109 New of Canada class New Products Steel Wares 31sa July 1,100 65 -• 3,700 .. 110 t July %c Juiy 19% 1.00 "41% 44 5.278 7% 1,500 Gold 74c May 47c May Lake Osu 76c Lake Apr Manitou uoidhawk 6.70 Jun 16 La 12sa 8c A Class Jan Great West Jun West 24 Jan 7c July Jun 45 16c Trust Guaranty 110 100 110 140 2.10 2.25 200 5.25 5.90 1,100 737 5.25 29%' 100 July 2.00 Jan 110 Gwillim Lake Gypsum Lime & July 4.75 July 31 "2 75 18 555 10 105 Feb 35 20 103 Halcrow 6.25 6.00 Mar 6.90 8.944 6c 6 %c 4.000 5c Apr 11c 1,000 2c Feb 4c Hamilton 57o Maf 70c "Jun 2,300 27c July 4oC 15c 15 %C 3,900 15c Feb 7c 8%c 5,500 5c Mar 8c 10c 6,000 5c 5%c 4,500 2.15 2.70 23,350 2.6i' Rock 350 52% July 53% Apr 14c lie 35c 18 16% 18 1,525 43 ','2 43 44 110 40 20 20% 125 5 5% 75 Gold ; 2n •i^n 26 _ July 13 43c Jan 20c May Apr 24c May 9c 11,500 17c 1.200 13 %c %c 4 %C 500 4%c Pen 17 18% 865 16% July B 2.500 1 %c Mar 3.40 3.40 200 3.40 July 7%c 21 7c 3%c July 6,500 3.40 11% 15% 32c 7%c May Vb c May 4.40 Jan 525 10% July 15% Apr 15% 100 13% 16 Jun 28c 34c 44 600 7C 30c 9 175 8c 10,600 30c 3,300 26c Feb July 63 %c Jun 11 5c 14% May Mar Feb 47c Feb 3%c Mar 7c Jun 30c 2,000 6c 10,250 5c 65c 5c 5c 5c 65c 500 58c Mar 80c Jun 4c 5c 21,000 4c July 10c Jan 6%c Mar 15c Jun 16% Jan 20% Jun 8.55 July 11% Jan Dauch • 18% -0 8.75 8.55 8.75 3,413 July HV2C May :3Z 15 —: laS?7^91.2C •*/ *— Gt^d-Mioes HovPwrd Smith "»<*-». T j .(5, y <SS ■ • — —1*t 3,000 6c 6%c -^4 preferred. 1W 16 %c Jun 6c Mar 15 %c Jan 200 1,050 25c 44% 49 3,820 41 % ~- -10, ^- =»"^5% Ca,nada-ordinary_-^r>- J.p5/a 2$r- ^ 40 15c 14 July 20 Jan "5.30 Jan 794 19 19 19 3.95 3.85 4.20 8,855 1 46c 40c 57c 176,800 12c 10c 12c 46,000 3%c 86c 69c Gc 4c 3.85 July 30c Jan Mar Jun 1.32 July 22c Jan May Jan 1.34 1.00 25,650 65c July 6%c 48,105 3c Jan 14c Jun 25c 25c 6,000 22c July 49 c May 29c July 85c Jun 14% Jan 85c Jun . 69,050 1,534 52c 40c 55c 25,425 1.45 1.65 2,600 5.50 5.30 5.50 605 4c ' 9% July 40c July Jan 2.40 1.45 July July 5.20 7.75 4c 500 Jan 14,000 2%c July 7c 14% 145 14% July 4c Apr Feb Jan 17 13,200 1.15 4,420 5 VaC 1,000 3%c 31c 31c 38c 3.550 30% 50 % 21% 380 30 % Jun 1.30 Jan 74c 1.10 1.00 1.00 36c class A_ Feb 1.34 1.00 July Feb 12c Jun July 62c Feb 34% May 30% Mar 33 30 % 155 30 Mar 14 % c 12c 15c 23.000 12c July 3lc Mar 27c 18c 28c 27,900 13%c Jan 43c May 2.02 l.ro 2.15 8,200 45c 50c 7.400 July July 85c May 5c 6c 5,000 5c Jan 10c May 10 %c 13 %e 39,950 10c July 23c Jun - Gc Lake., 1.80 38c May 3.25 Mar 1 Gold 2.20 1.75 2.35 98,800 4.10 Apr 11 Mines lOVoC 1 River class B 10% 11 1,775 7% Jan 13% Jun 2.20 2.00 2.27 20,550 1.90 July 3.20 1.60 July —___— 1 Lake Gold Mines 1 23c 29c 22,600 2.16 1.85 2.35 44,275 2%C Goldfields 25c 1 Consol Magnet Apr 7c 2%c c — Mines Manitoba 3c 1,500 Eastern & 1 Maple 20c Apr Feb 60c July 3.75 1.80 July Apr Mines Ltd 105 14% 14% 10 14% July 8% 8% 8% 75 8 % July 15C 12c 18c 27,700 10 %C 16 %c 9,500 1 Gold 'Marcus 1 —* 20 Martin-McNeely Massey-Harris Preferred common — • 100 common Segur McDougall . Porcupine McKenzie Red Lake Gold McLellan McMarmac 48% Feb July Jan Knitting Monarch 50 50c 49 Moore July Jun July 35 * 21c 1,500 53 51 53 890 43 c 38c 43c 6c 4%c 6c 12c 13 %C 19,100 Preferred \ Preferred — common Pipe Sewer National Steel National Neilson (Wrh) New Alger 2 Bidlamaque New British New Calumet New Dickens jn 3c 4,100 2c Jan 6c Jun 17c 14.600 ]6c July 17c 1.55 1.50 1.70 2,600 10% 10 % 10% 12,020 37c 40c 1,000 5 • 7 July 9 Jan New 125 17 122 Feb 125 Jun New * 1 —1 Mines Mines Jason 1 i — 1 Newlund Mines ' 31% 30% Jan 32% Jun 25% 17.327 21 Jan 28 13 May 15 Mar 7 July New Marion Gold 13% 1,020 7 100 26 26% 590 13 25% Apr 7% 27 New Mosher Jun Newnorth Jan New Long —,—, Lac Mines 25 Feb 16%c Jun 3.00 Jun 6.00 Apr 3c Jan 9c Jun Jan 2.25 Jun 10 Jun 13% 31c Feb 66c Jan 20% 1.10 16% Mines Feb May Jun 9% 370 8 July 10 % Mar 977 12 July 14 % 31c 26c 31c 2,500 26c July 41c Apr 18% 17% 18% 200 17% July 22% Apr 75 72 75 415 72 83 Jun 26% Jan 27% Mar 6c Feb 18%c Jun Jun July 26% 26% 365 13c 10c 13C 10,500 8 25 7% July 12 11% 12 125 10% Mar 12 % Jun 11% 11% 50 10% Apr 12 Va Jan 28% 28% 160 27% Mar 28 % Apr 19 19 215 19 July 23% Apr 1.85 2.68 199,725 24c Mar 33 38 July 8 28% 2.48 1 9% Mar , 3.00 May 46 May 1.03 38% 75 2 22 450 19% July 23 % Mar 0 21% 30 100 27 Mar 30 88c 1.11 23,450 78c July 191 101 % Jan 1.84 105 Jun Apr Jun 1C3% 103% 50 7%c 1,500 7c Jun 17c May 3c Feb 7c Mar July 1.50 Jun 7%c 3%c 3,000 1.10 92c 1.10 47,899 85c 1.48 1.25 1.51 33,500 95c 70c 80c 14,800 66c 29C 13,325 22c July 50c May 28c 30 %C .10,333 26c July 51c Jun 119,790 i.mr 43c 3%c 75c 26 %C 30 %C 22c 2.30 1.70 2.49 5%C 5c 5%c 11c 15c 1 .' Gold Norseman Jan 12% Apr 280 Jan 60c 9 9% —1 Oil Goldvue 125 • ______„___100 —i July 200 Jun 67 8c 315 13 — Dominion Jan May 30c 13 %c May 16,500 * — preferred ICO Apr Jan Jan 5c ♦ A — Mines Negus New class Car Trust 8% 31 97 i National 16% 12 % July 10c May July 3.75 * • class E Petroleum National 30 3%c 3.60 20 : National Hosiery 29% May Jan Mar 37c 4%c common__5 — $ 21% Jun 14c 3%c Mar 27 May 11,500 5c 1 & Chemical Grocers National Jun 31c 24,450 13c 1 • * 25 iMines Drug Jan 32 July July 3.75 i National July 50 * 20 12c 10 %c — common 16c 22% 1,325 97 21c 20 > Mylamaque 13% 97 21c * Locomotive Corp 12% 97 May May 16 10% 12 Mortgage & Inv Preferred 13 clas§ A__ common Porcupine Moneta 115 -1 — Containers Monarch 2,237 28 5c • * Oil Corp Modern 26 27 * ; Brick Oils Model 4,000 24% 1 Lake Red Mills Mid-Continent Milton 6c 25 28 0 1 1 Preferred 106 May 105 14% 1 Milling Marbenor Malartic 102 3%c Apr Jan * Gardens Leaf Maple 10 2c * —100 preferred Sugar Leaf -.7 2%c , Jun Mar 50 + r»dfw» 16% 4c 30c 7 rTt^aaaco of 12% July 50 s^s. __' Hugh-.PamzPorj:ujjine 17c Hunts^ class.jA, us—*--L: 7 Htany - & fa»^eommon • ^v. — — JBank 9,147 20,500 25 %c •F^lSgh MaiarUc *, 15 11c 30c * Hutdsgn Ba^tMining & Smeltd^«^_—^>» ^,49 viippejial 13 8%c 1— preferred Alin3j4g;>ty July 30% Jan 8% July 5c 235 -Hftsco 10c Goldfields Montreal 11% 8 % • 4 11 3,000 ! Hoyie 3,000 Mines Apr May 15% 13c YeMtrknife 10c IOV4C . Red Mining 2%c 18% Oil 10c 10 Feb 7%c 17% JL* Mar 1.44 5%c Groceterias Mercury Apr 3.500 7c Jan Jun July 12c 6% 13% 16c 10 %c Sarcee Jun 80c July 50c Feb 5 3%c 1 Gold 20c July 80c — Mclntyre 21% May Jun 2o ■ July 40c 7,500 34c Apr Mar 46% 3%c 1 Mines 9c Jan 75 * _ 14% Jan 13 4 18% __1 • Hbrtter ^ May 17c 9c • 9c 600 95c a McOoll-Frontenac lbc 6c '.r*. Jan 13 J Home ■ 3%c —1 ___* — 8,000 43c 90C 9c 9.75 Jun Gold Mines ►. 11 %c May 13,800 Hollinger Consol t 4'/bC Mar Jan 53 Highland-Bell Hlgnndge Mining , May 3.35 18c 30c & 10c July 13c 1 1 Hinrto July 2.10 52% 1 Headway Red Lake—. . May Jun —1 Hasaga Gold Highwood 15c 17 %c 4%c Mar 5c 27 %c May 53 1 Cottonj Harricana 7%c 1 —_ 9c 10 Vic 43c 90c Apr 10 1 Harding Carpets Heva 8,200 32c —9 Hamilton Bridge Hard 65c 28c 1 Mines' Halinor 20% Mar Jun 85 _—- 9%c May 13% July 4c Lac Long Malartic Jun 2%c • • Gold 4%c Mar 14% Madsen Red Mar * Swayze Halliwell 1,000 5,325 ' Mac-Millan Export 9.20 May 58c 31c 9 6c 15% Mar May 104 Jun 80 6c 14% 1.10 Macho May July 29% 17 12 %c May 6c 1.08 MaeOonaid 6.25 July 95 Alabastine Jan 165 72 6.00 J,uly 4.95 84% May Gold Feb Gold Little Feb 150 Gold 6c 43% 8c Apr 3.00 2 %c 1 Gunnar 3.500 65 Lynx Yellowknife— 85 —: 8%c. 70 Mines Secord Cluss 85 Guayana Mines Gulf Lead Mines May • Apr July 8,000 common 35c May * Felt Jan Lencourt Gold Jan 1.75 21,500 Coal Great 4c 45c Gold Lettch Jun 6.00 6%c preferred 6,250 Apr 4%c common 23c Mines "U" Laura Jun 127 6c Bousquet Lakes Paper Great 18 %c 9.75 Mines Luz Larder Jun —50 Preferred Graham Jan 23C — Lamaque 37% May 4c Goodyear Tire common !82c • 19% __ • 1 July Jan 4%c Porcupine Mines Goldora 35c —1 Mining- 15% July 6.75 _______1 47,200 .,.1 Mines Shore Wasa 14.040 1 Golden 43c 1 Ltd Mines 16% 1 Mines 35c Apr 15% 1 Arrow May 44c 1 Louvicourt 6%c _1 Jun 17c 1 Loblaw 1 Gold 62c July _1 Gold Jun 5.00 Mines Jan 9c 1 Mines 2.22 5.40 • 20c 10,000 15% ___ Lake Lingman 11% 5,500 86,757 9%C • Dufault Fortune May 22 6c 46c 9c 5c 1 — _ Lake Mar 12c Jun 31c • Lake 23%c May Jun May 4.5c • Mines Gold Laguerre 104 _1 Ltd 3.20 May 1 Mines Gold Eagle May — 1.20 July 105 '. Golden 12c Jan 1 Gold Manitoba Goldcrest 4%c Mar 100 9%c 1 1.89 17 Oil Goldale May Ltd 51.400 1 Lake 12 104% 1 12,690 . 1 Globe 35% Jan Jun , 30 Lake Gods Apr 8% Leduc-West 300 _• cohirnon. Gold 29% 1,917 _ LapasKa Jan 9 1,00 100 Gold 9.765 978 * 1.65 Mfg class A Yellowknife Giant 34% 8% Jan 1 Mines Laduiama * Glenora 32 9% _ 101% 1 2.25 - ._ Preferred Gillies 3418 common Feb 1 MacLeod-Cockshutt i 0 Apr 1 1.20 _1 Gener 75 Lake Macfie A__ General 103 Labrador Mining & Exploration—. Ltd— i ordinary 101 _ 2,00 ■*-- * Petroleum General 101% Gold Macassa Bakeries' General --10D __ • 15% com—_________—.—'3* preferred .*5% 600 Ltd Labatt (John) ' y —% Power uauftcau Co 1.63 ^%»2.20 '<•&"*. __i—— Ltd 605 7'% 44 '-»►""*<» ■ 13% July 2.05 1.00 Apr Lake 22,750 » 2ptdbisxier~~?ExDloration %.»*, 103 • Klrkland .. 4.60 3.70 •—* %*••» — Franeoeufc Gold .-Garrison 5c-LrC"L»'rS .' July 4.05 Mar -* &-9' -M3%—J YiO"-%12T- 4.40 • _ 32c i,2i}0 *_ _i_ L—t ' Petroleum Jan 9% July 6.545 32^ yv ■ £? 9% __JlOO120 ____T_ •_*£. *31% 32 3 Grfaifii-eommon.——— Federal 14 Jun 103 Kirkland-Hudson *. , ?'■ 5.25' %5.90 • -^ilr-44%£ 5.80 V« • July 20% • £E»■*-ZJL- '••• • —J ",:at -Federal 6c 5c __ * 25 Empire Erass class A Equitable Life Insurance v 16% 1 Pen-Rey . 167/8 Jun 103 Mining Keyboycon Jan 20 Jun 18% 15 26 Kerr-Addison Jun 3.75 Gold Eldona El 1.28 5.80 Mines Elder El 1.50 6.90 __ 50c 32% 5 285 Kirkland Townsite 1 _ Mines 30 %c July 15 31 Quebec Mines Kenville Jun 2.65 1.22 July Steel 3,000 14% May 15 Kelvinator Jan 1 Mines Sullivan Eastern 23c 36c 32c Jan 9% 29 % Gold Kayrand Jun __ Jun 125 230 31 _ Nickel Gold May • 41 32 12 % 15 Petroleum Mines Joliet May East East Crest Oil Jun 31% July :2 11% — • Kelore Mines Duvay Gold Mines Amphl 40 36c — A Milling preferred Joburke Feb 10 — * common 7%c May Jan 32 —32 Jun _. 23.50 Textile Jacknife Jan 24 * Feb 21% «. class Intel national Jan 40% Chemical Preferred Dominion Jun 17 . 3c 950 100 Powders Metals Jaculet 13% 19 10,000 1 __ Lronze International Jun 5% 9 5% B______25 Stores Dominion 11% 1 com 4c 32 pfd ___25 Mining Pre-erred Jun • & Coal Dominion * _ Investment 30 3 Vac 23%, Jun July Inspiration International Jan 19 • .. 0 International Apr International Dominion Foundry & Steel Dominion Magnesium _ Co_ & Hioh Low 4c * common Apr May 19% July 28% 25 : 14c 58c Acceptance Range Since January 1 32 J Lake Industrial Apr Feb 1.20 vtefk Shares High Low Par High Low High 1 Mines Week's of Prices fui Range Since January 1 ' Deuuie Sales Friday Sale Price STOCKS if»eck Shares • Ltd ENDED JULY WEEK FOR Sales Ivi titii Sale Price Par MARKETS LISTED CANADIAN 41 24,000 Mar Mar Apr 1.70 May 1.22 May 3.70 May 5c July 11c Jun 6c fuiy 164 July 3%C 3%c 3%c 2,000 3c Feb 7c May 1 14c 10c 17c 44,000 10c July 38c Apr 1 ' 1 , 42 CANADIAN RANGE Week's STOCKS Norzone Vf* Pacalta —) 4c 11,100 3c Jan 10c 8%c 13,000 7c July 12c May 10c 18,300 8c July 25c May 5c 4 % 2 5c 2,000 4UC 45c 47,460 Noranda Mines 63 % 67 % 2,260 3c 1,500 3c 40c July 77c u7 ,4 2%c Jan 12c July 79c Mines 3c 1 _—__ Normetal Mining 53c 57,050 3.55 Mines 42c 2.80 3.60 62,735 5c Norlaruc 4'/aC 5c 10,000 OJc July 71 Gold Mines Norseman Northern Denison North 1 > Extension 63 2.46 Mar 3.60 Steel of Co Mines 4c Feb 9c Canada 45.350 10c July 33c North Star Oil common 2,000 9c Feb 15c Iron Oil 37c May 15c 16,000 6Vac Feb 9c 2,500 7 Vac July 5c 6c 8,000 5c Wood Lake *2 Specialties 10%c 11% 7% 8 325 7V2 July 5% 5% 200 5V2 Gold until _L _ Ltd___ Mines 6 Mines 1.40 6 10 16c 19c 1 —- I Contact Cous Okalta _ 21c 20,400 1.26 1.50 15,425 14',kl4^c " __ Oils 1,000 J Learv 1.60 l~c 18c 23c 18,500 ilc Malartic Gold Omega 1 31 6%c 12c 164,000 1.55 —1 Surf . Omnitrans Exploration 11,900 Orange 4%c Crush _ 4c 5c 34,000 132 131% 132 178 5% _ Loan 5% 5% 386 50 . .» Orlac Gold Red Taku Feb 5% 16c Hershey Jage Pamour Pan Western Taylor 2.24 Jun 3%c Feb 128 9c Jan 1,500 2.31 76V2o 63c 77c 25.000 9%c S V2 c 9 V2 c 1,000 1.26 1.28 1.33 4,280 8c 8c 1.000 4 V2C • ,_ Ltd common 1.JJ 81c 1.16 71,800 75c 5.45 6.05 110 95c. 3,050 88c 39c 44,600 17c 44 V2 8tlveT Iron Petroleum __1 Tower Pickle Crow Gold "Pioneer Gold Polaris Mines Traders Feb Finance Transcontineniai Jun 1.75 65 28 V2 Mar 6 Feb 2.55 2.40 2.65 3,625 7c 7c 2,000 2,000 2c Jan 4,400 21c 5% 5% 200 4UC 45c 1,400 40c 43c 246,075 7%c 60c 7 V2c 1.65 July 63c Jan 62c red Upper 3.15 May 3,750 3.00 Mar 4.00 1.65 f s 7c 10c 22,500 3c Jan 21c 10,300 49c July 82c 48% 57 Jun class B 1 T_ f-LL Vulcan Mines ' 1.12 Jun 60c 1,300 55c July 1.05 Jun Wekusko "Cons'ol Walte Amulet Walker 'Hiram! 17c May July 30 100 26 Jan 30 52 % 54 179 52 Jan 56% Jun 20 20 429 20 May 22% Jan 6.10 5.05 6.10 6,070 3.25 July 7.20 • 45c 40 %C 43c 5,200 7 % 6 % 7% 1,055 1.98 1.62 2.05 61,550 5.95 5.50 6.00 4,839 22 % Jun Western Ashley 1.33 1.48 14,400 1.31 Western Canada Breweries Grocers 2.14 9c 500 2,800 60c 5 V2C July 2.05 Feb Mar 3.55 12 July 10%c Jun 5% 200 5% July 46 105 45% July 8% 500 30c Mar 64c 9.10 15c Mar 30c May 7,200 67c July 70c 1.02 95.351 65c July 117 19% 15,818 17 July 23% Feb 48c 54c 2,700 40c Apr 97c Jan 34c Mar 60c 43c 40,200 1,200 4»/4c 7c 5,500 2.00 200 9% 100 9% 9% 1,145 9 7 Vic 6c 7%c 1,800 6c 34 -/2C 34c 36c 6,900 27% U 1.03 _L&__ 4c 3.25 Feb A River 27 27% 790 8V2 10 11% 16%c 49c 500 17c Jun 41c Feb 1,500 20c Jan 46c Jun .9.50 Jan 9.25 10,420 6,970 5 Vs 135 6v2c 1,000 62 V2 62% 70 28c 32c 16,700 15 15 10 14 V2 Apr 16% Feb 28% 28% 15 27% Jun 31% Jan Scarie Ltd 29 y2 15% Yale Jun 12,100 2c July 19 1,190 15 i:Va 8.85 17% 1 19 Va 19 Va 50 103% July 12% Jan 17 210 14 19% Lead Shea's 11945) 33 100 25 V2 fa bo 23% Feb 130 99 % Feb Winnipeg Creek Sheep 15 85 Jan 2.75 8,625 Brew class 1 4c 4c 4c 2.000 & 5%% 4c 6c 6,500 3 V2C 13% 13% 975 1 9c 8.000 7c July 13c 7c 8v2c 10.500 4c Jan 17c Jun 5c 14,900 4c Mar 9c May 38 8,679 36 30 July 42 99% 35 99 % May 101 98 Vs 55 97 % 1.75 1.85 4,505 29c 25c 30c 12.900 11c 13c 2,500 83c 74c 85c 22,458 __1 1 Bear Mines "VV - 1 4.05 Canadian 5c 9c July 13% July Andian 9,500 20c July 40c 3,020 22 July 26% 10 15% 15% 15% 25 1.10 1.10 2,100 i 1.87 1.94 19 % 19% 50 1.1 —1. 1.60 19 % common Voting trust certificates 18% 19 300 71,016 Mines Snanco (Quebec) 1 6.10 l^c Miller Mines.—. ] 16%c 20c 2.900 79c Mining Silver 6.25 70c 80c 30,400 325 . 50 V2 July 53 Dairies class A __* Class B Silverw'd 10% Dairies — 1,805 7% 305 98 98 20 28% pfd.--._l00 10% 7% • Western 10 Class A B • 28% 575 23% Preferred ___100 23 % 24 1.240 98 — 96 98% 256 Brown Co Siscoe Gold Sladen Canada and Canada Jun May Feb 42c 147/a Jan 17V2 Apr 1.05 Mar 1.20 Jan Vinegars July 6.00 July 15c July 48c 9V2 Jan Jan 6V2 Mar 92 Jan 26% Mar 23 Va July 96 July South 1 38c 38c 5.400 30c Apr COc Co 51c 63c 24.250 51c July 20% 20% 20% 100 Brazeau Stadacona Standard • Mines For footnotes 42c comroor 8 Preferred 100 see page 43. 17 V2 Jun 12 %c • Chemical 34c ' 14c 10.500 10c Mar 33c 42c 2.415 35c July 7% 8 780 91% 91% 35 Apr 1.33 Apr 712 July 86 Jan 6 25 23 30 175 95 95 10 82 5 135 143 V4 143% 5 May 9 Jan 34 Jun Mar 24% 108 Jun Jan 147 May Feb 4.40 3.75 4.50 2.956 102 100 102 115 92 • 21 20 V8 21 475 13 13 60 20 % July 12 May 22% Mar 13 14 Apr * 49 49 49 10 39 55 May 3.25 Feb Jan 6.00 May 114 May 8ugar_ ——J—T Morsje___"'/___. Jan May Canadian Industries common • Preferred - _ 22'%. Apr Canadian Vickers Canadian Western ; 8.85 38ci 1.04 25 25 180 180 14 3-75 3.25 3.75 700 1L100 LTL Marconi 2.65 ... Range Since January 1 Low High High 1 Dominion Fairbanks 22 1.60 July 18% July • Malartic 25c 100 common* Preferred * 25 25 21% Feb 2% 28 Jun Mar 176 180 Jan Jan 0V2 Apr Apr Jun • sLum6ex,A*__L; 'ILL Paper " 100 90 * 5.00 4.50 5.00 6.500 3.50 Jan • 23 % 21 23 % 5,587 17% Jan 27% May July 49%c May 100 540 89 Jan 115 6.00 May Jun Jan*. Dalhousle Oil *. Jan -TL--ML: deHavilland Jun. 10% July... 7% Jan 99 % May common Steel Dominion Bridge _LTL---Ar-.- _i„LL1 '' * 34c 5,700 28 % 50 14 34c L_ 30c 28% • Aircraft 14 50 • 45 40 % 45 135 • 4.20 3.80 4.50 2,150 • 30 29 30 360 43% 45% 48% 2,265 19 20% 2,185 25 25 100 28c 16 12 Jan Jan 40 July 32 Jun 16 Jun 48 % Jun 5.85 Jun .. Foothills Oil Steel 11;- 3.15 27 Jan Feb 36% Mar 30%, Apr co3mbfriTI:r_7% Jan.* 27 100'/2 International Paper Jan. International Utilities Loblaw Southam July July 6 British Columbia Pulp & Paper com**4" Preferred —__T 100 Hayes Simpson's Ltd class 10c 73c May. . 10c 19 V2 Low 30 Disher Silverwood May Shares Corp Consolidated Sigma Jan 43c for Week IL._Li»v National Asbestos May 23c 24,800 2.27 Apr Sales Range of Pi ices Par 14% Mar- 50% Week's Sale Price Jun 23% 24c 1.65 July 22c Apr Jun 99 % July Funds Last > Jan 22 18c Jun Apr Exchange-Curb Section STOCKS Jum" 50% 23c 30 93 3 4 98 Va pfdt.lOO; Jun — • ou< Gordon Breweries oicks Mar 7V2c 99% Zinc-,--.*, Canaaiun Sherritt Apr 27% May Feb 18% 2V2c July • A 35 102 1.85 Ltd Jun -> - 101 2.00 July .1 Gold 31% Mar 5c Toronto Stock 23 % 23 Mines Jun 8V2C • common & Co Mines Canadian Shawkey Jun 71c - 104% Mar Jan 95% 2.40 50 70 8 V4c 4%c Jan Jan 17 com preferred 7c vil). 21c Power red Jan 49 33 ,_100 H) Yellorex Vjs,. series B Jun Mar 24 '2 1 Electric (G Jan 6c 3c 18% Senator 4%% Jun Jan 11c Feb 6c 6 IOOV2 101 % 25% .looL Gold Apr 18 %c 72,700 2%c %% Rouyn Ltd 3hawinigan Water & 47 % Jun Feb 6,720 8c 103% 103% A Jan 4.75 Mar .v Feb Feb 2.70 ... class 7.85 July 36 Jan 25c —J Sannorm Mines Jun May 4".'/2 31c coiuj^i Pref*rr«>6 Apr1 27 95% — 29c Apr 12 Va -__1 . Jan Jun« Jan 7c 100 . 2c 197,800 15 Jan July 19 ...1 July 4 A—.— Winnipeg Wood — Jun 3.00 Feb 10% 1st preierreo Gold Jun 6 26c 8.00 28'/2 Wlltsey-Coghlan Wlngalt Jun 12c 2.00 July 3c common Gold Antonio oan Sand 7.60 20c 38 3 __5 Winchester Larder Jan 1.84 May 2.03 Mar 8c Mines Paper Apr 5.50 July Jun 1 A 9% preferred 4.20 Cc III .George; Preferred Jun 29,200 12 Lawrence Jun 1.50 July 26c 4234 MineralS-Jl-ji,-. Wesuin Jan 80c 3.00 Chlbougamau 2nd Jun Jun 20c 26c • Products Class * 48% Mar 22c 9 % — 8c 14 V2C %c Friday St 9 Jun 45% 36c common Co Lawrence 65c Feb Va 1.0UU common_L___ 1.75 2.25 Royalite Oil St Jan 6% Jun 21% Jan Yellowknife ______ 19c s —1" 12V2 2.00 preferred Corp common Jun 9 20 Wrlght-Hargreaves Power Jun 5 % 15%- Jan 43c Long Lac Saguenay 30 8 53% • Wl & 830 3.00 Industries 19% Mar 8 V«c July • iG 1,660 0%c Rupununl 13V2 July 9,666 Waterou,s_ Ltd^ common 52c Robinson Cotton 1 Russell 350 4,040 9%c 1 July 16c Mines ftoyoar 8 14% 1 ; Oils 42 % Mar 67c 4oC Bank 3.80 July 8 __1 19% 98c 1 Regcourt Royal 3.25 July 9 %c -...,100 Gold 56c 52c Mining cms Jun 13 V2 • 6,600 8 jc MacDonald koxana 34 8 1 __i Mines 3,392 5% 46 Petroleums Ltd Roche Jun July 14% • .1 67c 20c (Little) 35 % 26 9%c • 15% 110 Queenston Gold Robinson Jun 23 V2 July oO IT Hill 50% 9c ._,0 Quesabe Mines Ltd Renabie 5 Jun 1 ■> ' 16 . Labrador Reeves ... 80c Mar _25 Dreieiredtl:; A 15% Quebec Manitou Reef 2,594 24c * class B 55c Quebec Gold Mining Corp Quemont ' July 13 % • Western Quebec 26 SIL.9 ; 53c . 2.14 __—__ 25% 26 1.39 May 184 Feb 1.41 ; 23V2 Htoouicco "_ Ltd Villbona May 54c ,19% common...... 68,300 26 preference. Canada Vicour Jun 50c ' Mines Mills 54c Jan 3.45 Mar Dome Flour 40c Julv 10% Mar Jun July ■ Preferred 50c 80c 167 Apr Preferred Jan 2.25 July Airways Purity 25 80 Steel 3,125 1 Purdy Mica 105 12 3.25 United 14,720 common. Prospectors 2,200 179 12 3.25 Westeel East May 3.25 Jan 2.35 L. Preston 47c Apr 6V2 May 34c 10c Metals 90c 178 12 25% Oils uio Corp Jan 40c Keno 1.95 50'/2 Pressed Mar 12 %c 62c Dnlted 3.30 River Power 45c Feb United 2.25 Gold— Powell Rouyn Gold V T C 12,100 July July Violamac Powell 28c 19 % Mar 27c 15c May 7c Jan 22c Feb Apr May Acceptance Corp cbmfeonr_;rr„* 60c 10 v2c May July 24c 17 3.65 17c 36c Fuel 23c 2,030 Feb 3,300 Corp 2%c 35 31c 6c 6,900 United 22c 17% 27c __ 2.35 July 25c United 2%e Apr 45e Apr Feb 7% 25c Jun Feb Jun 17% 27c A— Mining 3c __ 90c Gas 3c Feb Jun 31 3bc Union 1,500 Jan 25c Union 2,700 14%c 45c Feb 4c 1.G6 July • Jun 40c 15 %c May Jun 3.00 Peninsular Reef Apr Jan 200 * Trans vision-Television Jun 4%c 40c " Apr J.30 Porcupine 3.30 July 30 TL 1.58 4c 5 class 15c ..2 35 Oil Porcupine Jan 8%c May 3c 6% 1 B 7.25 4c 1.5 July 25c 1.20 6 V2 100 At^Z—l Petroleums Ventures „ 3.60 May 18 1.20 Mav 29 % •,*,»»* Works class 49 % 33c 5 % Mines Toronto General Trusts— Jan 42c * 24 % May Mar __ • Gold F^eb 4c 40c 30 1 July „2, Gold Piccadilly 4.20 45% 88c Securities Feb • lJT_TtlL.__.__f___» 12%c July 4*>c People's Credit perron 36,255 44% __ July * w.__ common.... Gold Torbrit July 7% G%c July 5%c Feb ... 15 %c July 3 v2c ) May 132 5% July 69,400 —i Feb May 50c Mines Pearson Tomblll Jan Jun .2c — Feb 2.25 15 2,000 Tip Top Tailors 29c 7c Ccnsol Paymaster 500 20% 13,575 Apr 19V2C _10c Malartic Partanen Jun May Feb 7%c _1 210 4c * Jan 4j % Oil 23,600 18 15V2c 15 V2C ] 17c * Malartic 490 3.40 2.75 Thompson-Lundmark 2%c 5c Mines Pmamaque Parbec Jun 23% Jun 30c 1.31 July 7c Ltd- Mines 23 2.85 3.40 2.50 Jun 2.33 Jun 6V2C Tubes Apr 18% Mar 20 3V2C 7 1.26 July 12c 6 00 Porcupine Apr Mar Jan 2.72 34c Jun July 1 Petroleum 2,130 16 V2 * - River Union Pacific 22% 22% 1 . .1 Gold Tamblyn Mar 6 Apr 1 — . Lake Oslsko Lake Mines 50 July I Jun Class Orenada 17 _T *L 'L „ Inlet Toronto Ontario 75c 21 % 1 1 Mine# Superior Oils Ltd To burn Ogama-Rockland 43c ________ Teck-Hughes Gold Mines Oakville Obaska 2,000 i8v2c Jun Jun 5 'M 5 45c 18 i Mines preferred Sullivan Jun 7% • Preferred 35% Apr 12c 11c 5 Vic Mines 18 26% July 25 Rck Bylvanite Northland 12% July 225 22 % common Sturgeon River Gold May 15c 7 Vac 1 -c North Inca Gold 1,925 44 %c Preferred Stuart July 12c — High 14 28 May 10c ■' ___ Low 12% 26 % 26 > Goia Ghseu Eteaman Bros Jun 14 Range Since January 1 High 17 ptaritttt Feb 6V2c Low L— Sudbury Norpick Shares n^ving common,. Preferred Apr July Standsrrt Steep Norgold for Week May 33c Monday, July 24, 1950 . Sales Range of Prices Par May 7'/^C 43c Mines Week's Last Saie Price High 3%c Yellowknife vichoiaon Low . 21 Friday ,c . JULY STOCKS High . MARKETS ENDED Range Since January 1 3%c ... _ Thurbols Nib Shares 8c Oils WEEK for Week 6011: -6 New LISTED FOR Sales Range of Prices Uit Price New . The Commercial arid Financial Chronicle (322) Groceterias • "SLtl. 1.05 . 18c 10% 95 Ogilvie Apr «fe Flour Ontario -L common Preferred Jun May 5 — 37% Jan 53 Jun 18% July 25 Jun 23 28 May July . Minnesota May May. 63%c Mar 20% 6 .-3S\ Paper_T ~ 57c., May 22 . _5 'jl. Inc"3!' ' Pend Oreille .1 — Supertest Petroleum ord Temiskaming Mining 19% 17 7 a 19% 1,105 20% * " _T_L _L_ _M 00 20% 20% 50 165 165 10 6.25 6.60 1,205 > — 6. CO ' _. _____ 95 95 Cc 7c 10 12,000 17'/2 Jan 19% May 165 July 5.05 Mar CO 6c 22% May 21% 175 6.85 Apr Feb Jun Jan 95 July Apr 11c May Volume 172 Number 4927 . . . The Commercial and Financial Chronicle (323) OVER-THE-COUNTER Quotations for Friday, SECURITIES July 21 Investing Companies Par M" Affiliated Amerex 6.51 7.14 1(4 4 22 Inc Holding 10 Corp Business Shares Axe-Houghton Fund Axe-Houghton Fund 1 Inv Tr of Fund Bowling Net 31 y4 3.91 4.23 8.46 America • 19.61 20.83 16.79 18.15 1 19.62 21.50 Century Shares Trust 1 34.21 36.78 Chemical 1 15.47 16.71 Ltd Fund 100 4.600 com Preferred 100 Commonwealth Investment 1 139 5.80 ' __i_-_lc 3.44 4.20 4.53 Mass shares 13.45 Invest Fund Tnc 1 Balancea Bona Stock 1 18.30 19.56 Preierred 4.11 2.02 First Boston Corp First Mutual Trust Franklin 10 Fund Custodian Preferred stock Common Stock Industries General Capital General Group Fund 1, Jan. 1. 1953-1951 99.26 Feb 1 '05* 1953 101.12 l%s Oct 99.16 99.22 100 Stock March 15, 7.39 1%S March,15, 99.26 100 4.42 4.22 4.61 1 16.22 17.44 6 64 5.14 5.64 New* York 15.27 16.73 15.76 17.04 Aviation 1 54.24 58*65 Bank 1 1 5.05 5.46 Fund - - 1,1951 Bate Agriculture 1 9.98 10.94 1 6.90 .0009 1, 1951 99.9858 .9946 8.48 12.45 1 10.80 a lc 7.01 Automobile shares lc 6 32 6.93 Diversified Irfdustry 4.17 lc 7.08 7.76 Dlveisined Investment Fund.l >; 11.39 lc 6 98 Dlversif'ed <rpferred 1-49 9- 1-50 bl.35 1.15% 1.30% 1- 3-50 10- 2-50 bl.35 1.20% 2- 1-50 11- 1-50 lc 6.62 7.23 Electrical 9 99 10.94 4.80 5.2 7 Dated >0 <» 3 Due If "> Hid 4<k bl.35 1-50 bl.40 1.25% 7- 3-50 12- 1-50 bl.40 1.25% 1.30% 4- 3-50 1- 2-51 bl.40 1.25% 5- 1-50 2- 1-51 bl.40 1.30% % 1 -fs 1 bl.45 1.30% 1.35% t 1.25% 1 «•> 40% 7- 3-50 4- 2-51 bl.45 1.30% 1.40% 8- 1-50 5- 1-50 bl.45 1.30% 11.34 Electrical Equipment shares.lc Ban ,71.30 % 1-50 12.48 7 55 Ask 1.15% 1 8- 4.57 Aviation shares Bid bl.35 1.35 7, 1-49 13.64 Agricultural shares Due 11- 41.30 % 8.84 1 99.29 100.3 12- 12.49 8.07 99.28 1.30% 9.29 11.40 ■„ „ i & 100.1 100.2 Dated 7.56 stock 100 Federal Intermediate Credit Bank Debentures Inc— Building-supply Chemicat-'-__r_ 99.9933 1950 3.90 1 6.06 Com Stock Series 1950 15, 7.45 3.57 .0138 1, Jan. 5.41 6.82 100.0020 Octi lV.s .0293 Sept. l%s .0257 351 4.95 Ask Indebtedness— 4.83 3.21 Bid ol lV«s .0258 1955 1 Groutf" Series!?! Stocks 1957-1955 Maturity— 100.0071 1954 6.76 1 Series Oct. l%s 1 & l%s 1 Series England 1, .0252 100.0071 "D" 1 Series Series -ji„ Priced 101.18 Price Aak 100.0091 1951 7.42 New Securities— l%s July TftO 1 Corp Investors Trust 119% 100.0065 l%S'July I, 1951 "C" 6.86 1 Inc 1952-1950 Certificates "B" 6.79 Automobile Gas 1 1951 j 2 Inc 118% Bid l 5.78 Low 1961 f"l%S Aug 1, 1951 lc series Investors Ask 1 100.2 Dollar 10.09 Series Industrial -Stock Inc— Bid May U. S. Certificates of Indebtedness 15.02 9.33 lc Funds 99.30 Canal 3s 1V4S July 13.99 Series Selected 1953 1 Bond Speculative 26% point a Bonds— iv2(, Maturity— Treasury Notes— l »•. Priced Income 9 2.21 1, 14.25 „_l 5.21 1 series stock Fundamental 25 4.23 29. Panama . Securities—,« series Low 27.09 of BanK 2%s Iasuet w Investors Corp_.» Security Series— 28.98 5 Fund Bund 27.10 20c 2nd of Natlon-Wide 1 Inc_l *"""4%s Feb. 14.48 Balanced Fund Fund Land lV4s 14.62 Inc.l Inc.__l National Inc 100.1 32nds more 100.1 Bank for Cooperatives— 30.69 Boston Investors National Industrial or Pederal 8.34 interest__l beneficial Fund Mass 1.63 Fund 7.61 Fund Mutual 15.57 Fidelity Fund Inc 4.58 Inc__10c Central Trust ^28.39 ' 13.18 1.53 Equity lc Bond ol 14.24 Financial _ shares Investors 1 Fund 99.31 99.31 one 5.05 Steel Manhattan Howard— Ask 4.99 Metals shares 25c Fund 15, 1950 15, 1951 other represent Bid 4.63 Jc ... 3.80 lc Papei Delaware Shares 3.78 3.81 lc 141 6.30 l%s Feb. 3.91 3.45 Furnishings shares Mutual .750 "•1.35s Sept. 4.17 20 & 3.43 Non-Ferrous 8.n9 y 3.69 18 % Eaton 3.54 3.34 Consolidated Investment Trust_l Dividend lc 3.78 Ctfs Christiana Securities shares Equipment shares.lc Business 22.52 5 Fund 47i66 47.66 Funds— Petroleum Street Invest Corp 10 . Federal Home Loan Banks— i. Electrical Equipment shares.lc General Industries shares__lc 21.C9 1 8.78 Bullock Figures after decimal Ask Fund— Value) set Bid Home 10c Broad Pat Second Automobile 2% 2 Sayles Net A Managed Inc— value.. asset i 5% 1 Fund Loomis 16.60 5 % Mutual Funds— 9.15 15.27 1 Inc Green 29% 5 Corp Blair Holdings Corp Boston Ask Inc.——1 B Beneficial Bond Obligations Of Government Agencies 4 57 Securities Fund American Bid 1 Mutual Funds— Aeronautical Building shares Chemical Food ^ shares shares lc bond 10.58 1 8.05 8.82 Metals 7.07 7 75 Gils 9 39 9.8 i Pacific Coast Utility "_-i- 8.46 9.27 Public lc 5.93 6 8.41 no Fund Railroad 7 67 Invest Steel Bid 9.63 _lc 3.98 4.33 lc 5.15 5.65 lc 5.92 6.50 Petroleum lc 4.j 8 4.59 Putnam lc 5.60 6.15 Republic*" Investors 1 4.50 4 86 Petroleum Railroad Steel lc shares stock shares shares Tobacco shares Utility shares 7.48 1.00% Sept. 14. 1950 bl.18 1.10% Aug. 3, 1950 bl.18 1.06% Sept. 21, 1950 bl.18 1.10% 8.20 Aug. 10, 6.05 6.63 Aug. 17, 1950 1 ■* f'obacCb 6.66 7.30 Aug. 9.48 10.39 10.36 11.35 Paclllc Arrrer Investors com__lOc *1 50 preferred & iGeoi Plan Fund Inc Income Foundation Bank Aug. .31, Sept.;-7, Oct. 13. IPSO bl.18 1.10% 1.08% Oct. 19, 1950 bl.18 1.12% 1.10% 28. 5 1950 bl.18 1950- 1.10% bl.18 : 1.10% Shareholders Trust of lc 10.48 11.49 State li 8jc 8 jC Group shares lc 99c Bond Group lc Shares Group Stock and Ltd— Sovereign shares shares Co Trust of Investors Management Fund (Investment Bl valuei_* 51.89 51.89 11.16 12.03 Par Boston__l Investors Street Television Trusteed 1 B 1 -18.82 C 1 14.87 15.19 1 income Fund 1 Science Fund 27.14 28.39 United B-2 (Medium 1 24.31 26.52 Value (Low Bonds) 1 17.31 18.89 Wall ot^eet B-4 (Speculative Bonds) (Income pfd Stocks) 1 10.55 11.51 1 16.18 17.55 A Appreciation pfd Stks)_l (Quality common Stks)_l 22.73 2 4.80 K-l K-2 S-l Fund Inc 32 1 i 1 14.53 15.91 13.12 11.-2 S-4 (Low 5.09 5.5 j 5 07 5.56 Independence Trust Shares 2.b5 4.78 Knickerbocker Lexington Fund _1 Fund Trust 25c 2.42 32.98 i. 32.98 10 32 %ak First • 94 Home 53 55 Insur Co of 10 53 55 % Jersey Insurance 25 64% 8.62 2.55 MaiyicWiu Alliance American 10 Automobile American American Casualty American Equitable 23% 45% 25 % 48% 5 Assur_ 15% 17 5 — _ 21 23 i)2.io common P1101 Si.05 Convertible preferred—5 Massachusetts Bonding .V 5 Merchant Fire Merchants American & Fidelity Si Casualty—5 -2% Newark 14 19% National Re-Insurance 10 26% 29 National Fire 25 55% 58 National Union 54 58 American Surety . _ _ — __ _ 10 Automobile New Casualty (Detroit) 1: r Flre_ Amsterdam _ General Life— Continental 94 Casualty New North 76 % Northeastern 33% 35% Pacific 57 60 69 10 64 59% 4 64% 10 55 58 Frisco. —10 £3 83 of Phlia_ of of Newark 5 Glens Fails Globe & Republic & Rutgers 10 Corp_ Fire fxn Fin Hartford Steamboiler 43% 15 — 13% 16 91 5 — % -lO ° 27% 29 29% 31 108% 112% .10 31% 33% 79 Trust 12 & Marine Surety San 635 605 Bank Bid Standard ^Accident 102% 103 1980 101% 102% 3s —1980 103% 104% 1975 101% Lightr2%s—1980 101% 101% Dei« Gas Gas Co 3s—• B .F.deijb' U S S 49 52 20 67 70 A—6.25 24 25% Francisco of Amer N T S & Sartforo -7 Southern Calif utu „ pfd Bid Aak pfd_30 5,/a% 31 ,Art ^ 2%s__1985 Elec & State Pfd Gas "•acini M g0 53 _t/ 10°,/a 102 19 21 106 108 Gas— 1949)—100 (series 81 107 52 N ? 105% 50 102 Elec Co- redeemable 1st pfd—28 28% 29 101%*.. 101% Ry 3s—1980 Gas 3.90c 101 __ 101% Power Line 100 atlhties 84 75 Pf<L10° Malne F>ub Serv $5-50 pfd 20 Public Serv El & Gas 2%s—1980 Air Par Light— Electric 3outhern „ & 101% 100% Elec. Powe- preferred 103% Potomac Continued)— 1 *uie 4 28?, 103'% 967/e 27/'aS--1980 °UD 3er» of Okla 4.65* pId-100 97% 101% Wisconsin Elec Power 2%s__1980 T Stocks— 101% 101 Rouimcei 401% 35 101 52 56 31% 42% 4 10% fist 106% Elec-- & 103% ... preferred series H—100 ult*° tn 100 105% 106% 20 54% 55% 52'% 5j% 21% 22 103% • • & 104 1CK» — Gas 102% 101 4 r«*t^rrea... Valley Gas & Elec Hudson South Calif Edison 4.08% pfd_25 n~ Elec 44 %' .33 440 — 4.75% Conn preferred Lt $2.04 & Pwr $2.20 pfd preferred ri , ~10c 106 107l/2 —.—100 106 108 jrftlerrta M or . or^fprrea • 35 425 . , .... 7 ~ Odd lot Included in n sale year's tnot 45 67 70 llquidatlng dividend 'to 79 Issued. 18% •• 20'% •No to value, e tin in year » Ex-inieresi trading (Un) xEx-dividend par inciuaefl range Admitted 43 a Bid Par iu ..... 12 % Bank rtati 100% 101% 102% 4 Fire 38 1980 2%s_1980 2.3/4s; change. & Guaranty CO—2 Guarantee-^. Westchester Utilities 102% Blackstone 29% 10 « 10 Firs U & .1980 a U 295 36 102 2%s 2%s Central 33 1. _10 i(R> . states Stocks \sfc 1980 + Edison ^- $4,25 preferred 98 12% —I—10- Security. j.New Haven) ! Fire St Marine.! 275 —20 Trust— Recent Security Issues Edison Co 31 7% ILllilQ Springfield & umif-o 9% 8% 100 ' States Ohio 4% 29 2 PauljHre Trust- -100 73 3% 10 Y) 81 83 -"•Pacific Gas & Elec 2%s—__1976 16% 70 5 (N 295 Bank First National Bank 1990 6ft-- 15 96 —.10 — 61% 5 Republic "^Texasi Seaboard 12% 140" 132 10 Deposit Natl Bank. -100 41% 2%s 7% 6% " Corp 20% 48% 47 94% Bell Tel Co N J .. "' 10 27 11 45 39% 27/aS Illinois' Power Co 45% Accident 19% 46% common.5 American rtttuuvei 41 25 24 Travelers Hartford 34%:. *■'+•'41 5 preferred Boston •7 Gulf 55% 32% -3,33% Fire Rein&uiaboe 5 . Co 37% Portland 253 91% 25 St Elec 3.2,.;,- 18 Providence-Washington St General Reinsurance Ins 36 of 58% 56% 248 12% T Columbia "■ 35% * Detroit. —10 Natl Bank Trust_17% St Trust__! Brooklyn Union * 25% Indemnity Co Casualty Co Preferred Fund 30 16 Pnoeuix 10 — States Dallas -Pow 24% Peerless • Assoc— 20 100 National Guarantee Seaboard j.0 "iremen's n 33 Federal s . 33% S 35 43 25 Bank Appalachian 8% 10 " 53% —2.50 Northern 55% 31 Fidelity & Deposit of Md„ Assn 29 7% 42.50 * 42% 73% 53% Pacific Group 4-ZZ— Fire River —10 Employers Reinsurance ^lreman 28% 27 10 28% 340 33% Peoples First National 1,520 41 Bonds— V. 55 % 22 10 Co Inc Co Trust Nat'l 20% Mellon 24 2 Casualty York 52% 20% ...10 ____ Inc Forster Employees :':j _ 27 10 325 —16 7 103 10 __ - Fire Connecticut & 53 5 Hampshire Fire 5 - __ Camden —25 P) City Bank York : 17% ^ 22 4 27 -100 Bank Farmers 32% [QW(i New Bankers & Shippers— Boston (4 50% 5 Z —20 Co Pittsburgh 304 19% 25 i Trust 52 •- 15% 18% American of American Assurance Mirs._ 34% 16 10 preierrea 665 103.%. 47 x 640 Ask bia 20* of N Y _100 Detroit 29 100 1,450 & (J National 99 % " 320 Bank City National 1,310 295 10 Morgan 32 % 10 236 300 34 100 1,250 Irving Trust Kings County Trust Lawyers Trust 2.27 5 America Bank Manufacturers PM . North Trust Guaranty Trust 4. 100 Industrial Bank of Commerce .10 67% Agricultural -a- 81 Trust National United rx" 89 .10 — Life Aetna Bid 8t Surety- —10 Bank Fiduciary 3.79 Insurance Companies Casualty 95 229 Co Trust National 22 18.01 Title Insurance 92% 100 _100 39 3.92 ' Trust_. 33% Savings National Bank Cleveland 1C8 20 2.24 1 lb Bank & Trust i 37 ••• * 1 Central 6 62% 105 Sterling Aetna 53% 5% 60% 16 Public Aetna 51% 10 liu&i-*o 10 7.52 1 • Trust 01 50 New Par pp ' . & Bank Federation 3.50 2.50 Ahier^Trust SharesSeries'1955 Loomis Sayles Mutual Fund— (Net Asset Value) • E Ask 230 Cleveland 19.54-- Unit 'H'.-yptr 1 ruslbDlversiUpd TJrpstee Shares- Series Bid 220 Illinois Rdnif Trust Northern 40% _100 45% (White Plains, N Y)_-_ Empire Trust North Priced com Stks)—1 ' Co Excnange bann County Trust Co .**>„.■ (Income com Stocks) (Appreciation com Stks)_J 38% 43 % 81 Trust National Harris 15 16.751' >5- ' S-2 First 102 17.91 1 "* S-3 99 Bank National 49% 142 10 Trust Corn 5.58 " 10.78~< 1 . Bank & 20 Natl Continental 335 47'/» 137 11.00 1 • 29.46 Trust 1 Investment Co ■ 320 10 Bank Continental 10.89 5.11 1 Investing Corp .iit<,h^..^.Fund Inc Wisconsin 19.94 4.37 Wellh.gtpu Fund Line 10P 100 National City % Avenue Trust Chemical 10.02 1 Par 30 28% Commercial National Bank St 7.67 United Grade Bds) Chase 6.87 i Union- Preferred Stock Fund Union Common Stock Fund 1 Co__10 Central Hanover Bank & Trust 21.74 3'ries Shares York 82c Series 1 New Brooklyn 25c A Fifth 11.72 9.27 series of & 10.75 * 10.66 B-3 Priced Bank Manhattan Bankers Trust 13.95 Fund the 6.79 9.81 Bond of 54.25 8.48 Union Companies Aak Chicago 6.21 12.73 Funds— Bonds) Bank 22.47 Bid York 73c 1 Shares New ,51.75 Corp_* Inc Industry 21.19 / „1 Investment Fund Banks & Trust 2.75 i Boston Keystone Custodian 1.09 2.52 1 America oi Selected % 1 Ainer Shares 1.91 25.38 Investment Great Oct. bl.18 L 1950 17.04 2% asset 1.76 Investment 2nd Sept. 1.08% 1.08% bl.18 1950 1.08% bl.18 Clark 24.40 Group Insurance Globe bl.18 bl.18 1950 25 Fund & Mr*(net 25 17 1.3 15.85 5 Investors Institutional Fire 1950 24, 3% 24 5 Fund 10c Incorporated Aviation Fund Fund 3% .* 5 Trading Scudder? Stevens Howe Crum Ask bl.18 12.39 11.31 1950 2.66 Equipment shares Bid 21.16 19.31 27, 1 8.8.3 2.59 Treasury Bills Ask July 1 5.02 lc lc 1.25% United States 1 Shares bl.35 10.16 1 l uiiV equipment 1-50. 11.63 1 i lc 3 10.61 - 10.41 9.27 1 7.99 12.87 9.50 „ 11- 11.59 11.74 _ 1 1-50 5- ,1.30% 11.46 10.35 1 5.oi Railroad Bond RR 1 l slock lc shares stock Macnniery Merchandising lc Merchandising shares Mining shares series equipment Insurance 7.29 Investing Company shares__lc Priced bond lc shares Industrial Machinery shares Institutional bond shares Low Corporate lc Fully administered shares General 7.69 N Y Admitted to 0 tnc rao^r f Fia- Curt • /it.a uric* « UnlisieC . v»r' " to listing nch.dec •» Tr »nn c Deferred price Adrmrieo Ca-t ■ </«• 'n wheD tTbew oonru ar* suoipci 10 all Feaerai N. Y. taxes. sales (not Stock Ex¬ range), delivered y Ex-rlghts default delivery on year's t Ex- wl When 43 44 2 (324) 7 he Commercial and Financial Chrfaigtg&x,,? Monday. T' Week Ended July 15 Inc. or ' < Bank will show an this week clearings increase compared with a year Third ago. % Dec. % 1,069.969 +4i6.6J2 1.263,605 + 11.7 1,103,568 1,012 338 + 9.0 +236.117- Lancaster 3,746,079 3,409,385 + 9.9 3 526.329 993,000,000 887,000.000 Philadelphia 365.127" 13.0% be is this center there corresponding those of the above week last year. Friday of 6.5%. gain for the week ended a 2,793.223 + 16.5 3.016.956 4.909.765 + 23.9 2,104,961 + 36.5 2,859:280 CLEARINGS—RETURNS BY i 1949 1950 $6,795,955,641 + 815,786,007 548.434.481 + 48.7 1,061.000.000 899.000,000 + )l7.9 | Philadelphia Ohio—Canton 193.186,555 166,865.427 + 18.8 195,784,072.. Cleveland 348,697,868 293.440,082 + 18.8 463,829,462 + | 6.9 Columbus 43,638,200 39,702,000 + *7.7 Mansfield 5,540,504 4,465,038 Youngstown 9.425,901 8,377.370 329,034,674 274,277,945 239,300,000 + 12.5 Pennsylvania—Pittsburgh 8an Francisco 374,010.000 297.748.000 + Pittsburgh 336.137,386 273,948,161 + £2.7 373.498,485 299,686.100 261,387.625 220,264,115 +^8.7 +/12.0 Baltimore— Ten cities five days Total all cities, five All cities, one 739.742,551 Fifth Federal 944,394,444 +jl3.0 Total Complete and exact details for the week covered by the foregoing will appear issue of We cannot week. next ends Saturday and the furnish them Saturday figures today, not available at time of are 14,407,000 going to the elaborate detailed able to . '. ' ■ ' . * Federal bank clearings at according to the Federal Reserve Districts in which they are located of 6.6%, in 66,767 373, ,+ 20.9 213,200 000 $13,694,- t a summary + 30.5 4,279,571 3.066,731 + 19.0 82.039,606 77,509,347 91.075, 874 +-12.0, Seventh Federal Indianapolis 108,240.373 589,407,001 + 13.5 599,608.137 566,188,151,-. »th •th — < H 13:5 + 26v3 5,967,490 + 24.1 St. 3,672,042 + 20.9 35.066,500 27.909,7(T5 15,039.261 + 17.2 1,177.163 + 20.5 Chicago 812.621.626 719.313.888 + 4,089,544 3,885,751 + 14,409,812 6.383.020 12,860,954 + 12.0 4,742.439 + 34.6 4,703,329 4,509.480 + 4.5 1,080,037,009 944,916.041 4,440,608 ~ City Illinois—Bloomlngton 7,518,209.800 V " 1,036.395.963 923,734.665 + 12.2 1,014,875.760 1 880,476,492 7 " 944,394,444 794,651.449 -+18.8 938.111,073 f 784 649,324 6 " 499,491,562 431,991.309 + 15.6 467.913.810 " 668.780.986 589,407.001 + 13.5 599.608.137 " 1,080,037,009 944.916.041 + 14.3 1,072,540.973 " 500.437,538 446.522.902 + 12.1 517.546.711 430.751.438 7 " 425,647.609 367,375.218 + 15.9 430,046.498 f " 570,040,347 491.062,218 +- 6.1 " 353,341,092 •••300.286,263 + 10 " 862.849.891 755,920.820 + 112 cities Total . 't , Illinois—Quincy add week ended July ' Total (4 cities) 566,188,151 13,694,456.855 15,123,102,800 6,910.4-15,851 our detailed statement showing Federal Ninth 495.218.535 Reserve 17.7 329,731.017 284,710,757 Reserve 14.1 830,146.133 695,028,528 + + 10.4 14.1 14.870.556,829 $ - Inc. or Dec. % *■ « + 19.5 Springfield i b 2.121.489 17.8 * 4.599,285 10.0 496,942,515 1.907,198 827.456 2,599.283 8 862,744 5.309.786 4,381.940 5.020.292" 3.735,'217' 1,072,540.978 928,810.850 8 0 304.900.000 249 900.000 127,112.740,. 106.709.906 + <- 83 +21.4 480.51*3 72,069,343 2,072,189 ..2.047,453.- 1,793, &33,,.'+ 25.4 + 51.7,546,711 12.1 430,751,433 7,452,203 6.136.763 13.2 298.253,629 243,352,347 + 23.4 6,815,494 253,425,095 98 355 298 81,337.155 6,448,676 „+16.2 + 83.278,813 .. 7,304.340 20:1 9.211,722 4.134,501 3,972,954 f 4.1 4,474.062 4,048.244 3,943,039 + 2.7 3,809.773 3 363,483 8,635,463 4-27.6 8.489.811 7,540,406 367,375,218 + 15,9 430,046,493 351,499,376 Helena 11,021,238 1.832,749 9.955.353 Federal Reserve District—Kansas + 31.0 £ 1 i' 2,142,529 + 19.7 913.900 + 41.3 2,349,122 24.6 J;-' 4.323.857 + 9.6 648.817 582,203 + 50.0 8,501.743 6 193,765 138,834,049 122,222,186 + 13.6 133.494.824 119,220,507 + +•44.2 6,818.957 -26.8 30.593,532 12.751.129 + 12.361.873 10.469,461 24.543,000 + 13.2 28.657.600- 25.366,200 1.391,742 + 28.9 1,712.635' 1.457 540 Reserve District—New 518,807,733 + 11.9 3.200.312 92.000,257 . 82,933,053 2,146,599 — 1.665,329 ' Eleventh Rochester 23.504.017 Syracuse 16,295,487 Federal Reserve - 15,282,512 *875,000 Jersey—Montclair 45.918,523 " 597.994.540 -' 31,008.897 Galveston 5,612.726 - ; Jersey.--S2. Total (12 CIVjlz) 5.971.900 11.455.850 Total (6 cities) 353,341,092 . '+' 8,853,627 8,956.476 290,334.243 ->. Wichita Falls 525.230.397 — + 9.1 63.886.869, 15.5 3.023.893 2.459,894. 11.622.356 2,088.239 ^ 2.356.549-. " - 553,332,322 1,570,595 " 495.218,535 243,635.921 <. u 8.582,141 1.2 269.579.304' + 19.2 31.023;543 4+^12.6 27.540,518 5,289.000 6.1 + j-r 39.6 4,277,716' • • - ' •+"T.2 " 10,689.471 300,233.263-; + 17.7 - V" 6,47+328 ^"230.213,000 30.938.357 ... 5.5254)00^, v , 5,427.000 4.462.906 " r--" 3,290,084 '10.558, r23 i"'1' 8.385,983 329,731.017 234.710,757 Federal Reserve District—San Washington—Seattle 2.750.897 137,399,341 " 86.226,935 28.9 1.72+328 +479.765 California—Long Beach 1.913,977 Oregon—Portland 1.864 658 7,08+693,13G 20.158 050 + 16.6 23,448,508 18.806,834 13,599.259 + 19.8 13,807.692 11,852.008 " 24.8 12,247,695 + 793,269 + 10.3 40,807,608 + 12.5 50,252.192 7,601,155, m 7,729,76+231 + 10.8 + 6.6 14,484,865^ 719,551* 46,009,767 56.a«1.052. 7,516,209,890 "" 175.331.961 102,172.453 53,217,776 ,+ 13.6 •62.247.809 49,936,340 17.385.970 3,737,499". 15.527.193 San Jose 11.114,413 . ' 11.996,330 4.165,400 i 4,156,664 10.430.848 -9,59 + 728 + 24.6, + , 9.919.779 18.032.633 408.658.204 — + _ 3,753,614 11.998,383 4.2' + 13.9 364,957,753 14.943,455 Santa Barbara 12.0 + ; <11,596.812 415.595,963 San Francisco Stockton—.: - 3,959.278 +-17.4 60.438.107 Utah—Salt Lake City 7,197.83+443; 104.544.926 130,273,591 + 21.0 159.141,374" 4.521,718 69.880,855' 6.7 121,997.691 + '+ 12.6 186.854,676 + 10.9 - Francisco 12,877.955 . + 55 690.812 - -h- 6.1 331.303,746 13.074 397 8.3 District—Dallas— Fort Worth * Newark 491,062,218 Texas—Austin Dallas +-28.6 1.905.385 6,784 011,004 Connecticut—Stamford + 23.0 570,040,347 Pasadena.. i 2,465,757 3^.348,663 "l4.85f,794 _ 368.810.727 5.222,396 - 2,451.065 7,235,839,646 Jamestown + 3.033,280 Yakima Bulialo + 18.8 2.874.265 8,198.989^. ... "15,571:917 6.912,377 Twelfth 118.753.070 3,696:941 . 11,649,910 , - York— 107,454.942 Hew York—Albany + 46:4 3,114,160 Louisiana—Shreveport 580.530,498 14.1" 14,152,271 320,531,566 13,841,732 Total (10 cities) 25.311.924 1.794,416 Total 12 cities) 9.8 + 16.141,113 St. Joseph 999.976 + 8.831,200 *9.700,000 373,039,897 1.988.411 5,678.567 7.4 430.662 + 62.1 577,705 7,214.808 Colorado—Colorado Springs Pueblo 1,798,310 7,990,691 ♦ 714.060 542.550 633,296 879.693 Wichita 439.645.917 26.700,654 8,781,098 t:" City— ,10,323.127 Missouri—Kansas City 27,781,500 New Hampshire—Manchester 3 270,546 Omaha 1.704.028 13,696,705 Rhode Island—Providence 425,647,609 _ Hastings t 8,185,716 New Haven . 4 Lincoln 33.863,043 Worcester Northern New 14.583.142 ' 8,769.445 1947 1948 + 990,811 - Connecticut—Hartford New 2 098.437 + 13.0 / 79,623.602 7.916.950 Nebraska—Fremont + 2,498,378 New Bedford New York 4,319.263 Montana—Billings July 15 429,199,329 472,086.443 Fall River Elmira 5.2 6.539,873,404 7,672,725,386 4.357.781 Binghamton 446,522.902 Kansas—Topeka 1.627,442 Portland Federal 733.091.434 North Dakota—Fargo ;13,671,566.540 District-—Boston— Massachusetts—Bosioi: Second 818.725.102 the figures for each pity for the 1949 1,944,919 __ ^8,105,668 286,961,104 102,796,127 St. Paul Tenth % at— Maine—Bangor Lowell 948.373 13.0 District—Minneapolis— Minneapolis 15 for four years: 1950 Federal 13,704.973 1,186,682 928,810,850 ■ 553,832.322 'v Week Ended First 25 844,254 15,720.687 408.093,824 Total (7 cities)—— Clearings 30,044,233 - + 14.3 267 000,000 110,849.260 96.639,863 2.248,415 500,437,538 Kentucky—Louisville..^.*-, Tennessee—Memphis Minnesota—Duluth 7,887,263,154 Outside New York City now 3,518i711 South Dakota—Aberdeen Francisco We 4,117.965 " 331,499,376 10 City 290,700.000 Louis. Missouri—St. 7,320,938,863 6.6 - _ 55.834.754 Eighth Federal Reserve District—St. Louis— 525,200.397 , + _ ... . 74 304.535, .+ 25.6 17,633,805 1,413.954 ; Des Moines 5,208.809 X 13.5- + + 27.0 Sioux 5,459.528' 49,220.000 . 12,422,635 $ 597,994.540 6 Kansas San 11.9 7.129,781.231 11th Dallas 12th + 4 - Louis •th Minneapolis 10th 518.807,738 7.067,31-6 60,57.0,000 +'i5.r: * 61,794,506 Iowa—Cedar Rapids 5,817,446 ■ ' 3,404,551 3,334.513 78.475,322 ... 6.096.330 10.9 " + 1.530.028. 9.527,182- -11,537.157 - 1947 f $ .17 Chicago •th '+*377,103 436,582+ 1.495.856 ' + 13.7 5,451,108 55.301,000 8,167,801' 9,403,680 , Total (17 cities). 7,601,155,861 . Atlanta tth :"'V v... 1.491,269 Rockford 10 Richmond 21.3.1:'' 10,227.633 Peoria " • " 117,067,289 + Decatur .11 Philadelphia 6,340.837 6,'996,515 + 15.6 + 24.3 441, 995 | 12 916,641 "" 7.405,289 6,196.520 61,316.000 Terre Haute is 16.1%, .12 York—— New Dec. % 580,530.493 .12 cities 1st Boston 1948 Inc. or $ 83,578,901-.- 6,246 545 1,692,446 Wisconsin—Milwaukee.. »• 1949 > 94.619,913, - * 102.656 749 District—Chicago— Reserve South Bend .Minneapolis CLEARINGS $ Districts Reserve ' 668,730,986 Indiana—Fort Wayne by Federal Reserve Districts: BANK -3 611,061--- lit 4,493,317 + 33.6 3.447 489 7.763,538 Lansing Francisco Reserve District 14.1%. 1950 Week Ended July 15— Federal OF 201.100.000 4,280 097 Springfield SUMMARY " 16 443,224 65.915,469. , 197,100 000 ; 536 200 118,653,604 Orleans Grand Rapids its totals In the Kansas City Reserve District the increase furnish - 83,139, 238 Michigan—Ann Arbor I In the following we . " 101,963,062 Total (10 cities) 15.6% and in the Atlanta Reserve in the Dallas Reserve District 17.7% and in the San ■■■ 74,115,499 7.5 Mobile Louisiana—New and in the Philadelphia Reserve 14.3%, in the St. Louis Reserve District of 12.1 % and in the of Reserve District of 15.9%. tj.+j+S; 13,159,895 +14.3 18.151 641 4,499,754 Mississippi—Vlcksburg In the Chicago Reserve District the totals register ^n improve¬ District by 13.5%. "'403,093,324'" 98 972,122 Alabama—Birmingham arid from this The Cleveland Reserve District has managed to enlarge by 18.8%, in the Richmond Reserve District by 467,913.812 15.6 + 80.735,124 Florida—Jacksonville District (including this city) the totals record a gain the Boston Reserve District of 11.9% District of 12.2%. +15.6 "•'79,725,563 We group the cities this center having recorded a gain of 6.7%. it appears that in the New York 193 238.330 82,420,076 229,200,000 5,717.402 Augusta . . 20,740,180 Georgia—Atlanta Outside of this city there was a gain of 14.1%, the week in 1949. same 236.576.487 District—Atlanta— Reserve Nashville press. For that week there was an increase of 10.4%, the aggregate of clearings for the whole country having amounted to $15,123,102,800 against 456,855 in the 3,446,266 +16 .6 431,991,309 j*, -, 3,048.935 +21.1 - 85,035,525 • 2,544.417 10,437,000 114.099,'579 v<" +3,169,000., 128.646.736 + 14.7 . week previous +- the week give final and complete results of the ending July 15. 355,265 499,491,562 ■ 734.649,324 ~ 3,655,105--, T 6.3 4 214 415 812" 98.282,847 Columbia—Washington Tennessee—Knoxvllle present further below statement, however, which we 3 4,669,960 Macon Ird 253,120,327 938,111.073-4 4 18.1 13.553.000 112,311.952 250.018,503 (6 cities) Sixth inasmuch as the week Accordingly, in the above, the last day of the week in all cases has to be estimated. 2nd 6.759.926 308,946,168 20.0" + 18.3 . 2 814,755 1 3,324,773 South Carolina—Charleston District of 794,651,449 128,788,479 Richmond '; ment 4.266.852 7.656.640 District—Richmond— Reserve Virginia—Huntington Virginia—Norfolk Maryland—Baltimore $13,574,766,754 . (7 Cities) West 3.2 + 716,534,180 $15,343,156,447 day Total + 13.6 $14,608,413,896 $12,858,182 574 days Total all cities for week are 27,804.500 *5,565,830 - [20.3 4 2,495,813,890 3,002.057,315 Other cities, five days we 310,060,525 44.837.500 - 24.1 +12.5r;. + . +56.3 $11,606,356,581 $10,362,368,684 9.9 - 4 ' ?5.6 Cleveland 165.514.834 367,048.06(7 274,202.724 325,400.000 Et. Louis 7,122,350 8,272,803 4 31.2 7,523,587 9,370,742 Cincinnati 495.991.709 - Kansas City In 830,476.492 1.014,375,760 +12.2 District—Cleveland— Reserve 322,645.444 Boston 4,885.869 _ J.-a Federal 6.5 $7,235,499,925 L~ Chicago our 923,734,655 6,192.941. % Fourth in 7.140 915 7 638.053 8.735.433"' 1.4 T 1,036,395.963 cities) (11 4.155,297 ~ 22.7 + 7,045,618 + ...A 481.902 -^,•507,770 TELEGRAPH Week Ended July 22— New York 8.839,167 . 4.677.651 + 29.7 281,629 10,844.723 New Jersey—Trenton Total 4 5.554,641 ; Delaware—Wilmington -- ,8.608,786 5.420.590 2.872,242 York Our comparative for the week follows: summary 3.253,322 6.082,339 Wilkes-Bar re At +190,359 074,422 847,000,000 - Reading Our preliminary against $13,574,766,754 for the same week in 1949. 1.026,013 3 977.000.000 ' + 12.0 Scranton will total stands at $15,343,156,447 1,107.521 1,295,336 + 29.1 1,381,502 Bethlehem which it is possible to obtain weekly clearings for all cities of the United States for 1949 District—Philadelphia— Reserve Pennsylvania—Altoona indicate that for the week ended Saturday, July 22, clearings cities of the country, Federal 1950 Chester advices from the chief Preliminary figures compiled by us based upon telegraphic ' $ THE COURSE OF BANK CLEARINGS C-vfc. c/v 'July 24, 1950 - 11,431,182 12.783,818 5.210.532" 0.2 '-9;594.869 8.7 9;361,238 290.272^95 4.495.751 - 9.090,635 1 + 169,992 623,746 Total (10 cities) 862.849.891 755,920.320-' -r 14.1 - " 830;146.133 695.028.528 14.870.556.829 -13.671.566.540 39,407.502" Grand Total (112 cities) 52.185,341 ::::7;S2o^se,«er: VPH- • 15.123.102.800 7,887.263,154 Vnrk *Estimat6d." JKot available, ' 13,694.453.855 6,910,445.851 - •+ 10.4 + 14.1 7,672,725,383" 6,589,813,404 *' •- Volume 172 Number 4927 . The Commercial and Financial Chronicle . . (325) PARTIAL Foreign Exchange Rates Pursuant to the the to requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily Secretary of the Treasury the buying rate for cable transfers on the different countries of the world. give below We record for the week just passed: a FOREIGN RATES EXCHANGE CERTIFIED BY RESERVE FEDERAL BANK TO TREASURY UNDER TARIFF ACT OF 1st mortgage 1950 14, TO JULY 20, Date Ohio & 4% bonds, Pace Ry.— due A, 1965 .—Sep 1 -Aug 1 2 Aug 1 a Aug 1 2301 bonds, series D, due 1962_Sep 1 2301 Aug Aug 1 1 2301 ser.es Celanese Corp. of America— debentures, due 1965. 2.85% debentures, due 1966 3% l Chicago, Burlington & Quincy RR.— 1930 1st JULY REDEMPTION Company and Issue— Carolina, Clinchfield 45 and ref. 1950, INCLUSIVE mtgg. 3Ve% due 1985 boiids, Chicago & Western Indiana RR.— 1st and ref. mortgage 4Vi% Noon Cincinnati Buying Rate lor Cable Transfers In New York Value Country and Monetary Unit United in States 1st Money 1st July 15 July 14 July 17 $ $ Argentina, peso— July 18 Cleveland July 20 July 19 $ $ 1st $ $ Union Terminal mortgage 3%% mortgage 2%% Union Co.— bonds, series E, due 1969 bonds, series G, due 1974 Terminals Co.— mortgage sinking fund Deerfield Donds, Packing Corp., 3% % series A, f. s. debs., .297778* Preferential i "A" .297778* .297778* .297778* .297778* .206949* Basic .206949* .206949* .206949* .206949* Elgin, Joliet & Eastern Ry. Co.— 1st mortgage 3y»% bonds, series A, Firemen's Insurance .174562* .174562* .174562* .138958* 138958* .138958* .138958* .111000* "B" .174562* .138958* Preferential Free .174562* .111000* .111000* .111000* .111000* Closed 2.231573 Australia, pound Belgium, franc Brazil, cruzeiro 2.231573 .0544060 .0544060 Co. of 9 1 9 Sep 1 1970 Aug 16 195 Aug 1 109 bds., due 1975_Sep 1 stock mortgage Northern Pacific Ry., collat. Canada, dollar—. Southern Counties Gas .909090 .909090 .909090 .909090 .909090 .908125 Free due 1 Newark, N. J.— preferred County Lighting Co.— 3%% bonds, due 1st .0544060 .0544060 .0544060 Kings .0198375 .0198303 .0198375 cumulative and C-Oct 1962—Aug B due 2.231573 2.231573 2.231573 .0198375 .0198375 $4 2301 .907500 .907500 .907500 .907500 .208500 Sun Ray Drug Co., Wisconsin 1st .208625 .208500 .208500 .208500 .0200600 .0200600 .0200600 .0200600 .0200600 Denmark, krone .144938* .144938* .144938* .144938* .144938* France (Metropolitan), franc Germany, deutsche mark___ .00285625 .00285625 .00285625 .00285625 .238379* .238379* .238379* .208775 .208700 .208700 .208700 California— of Aug 7 112 debentures, due l961_Aug 1 112 Aug 1 53 Date due Pace 1971- .208700 Mexico, Co. bonds, .238379* India, Dominion of, rupee 3% trust 4V2% .00285625 .238379* mortgage 1975 Ceylon, rupee Czechoslovakia, koruna — .115707 .115727 .115727 .115727 .262542 .262542 .262542 .262542 .772896 2.772896 2.772896 2.772896 3y»% 2.772896 peso — guilder Zealand, pound Settlements, Sweden, krona Switzerland, franc of South .140154* .140154* .496250 .496250 .496250 .496250 .0345214 .0345208 .0345214 .0345125 .0345107 .328250 dollar .140154* .496250 —_—— .328250 .328250 .328250 .328250 .193329* .193329* .193329* .193329* .230400 1%% bonds, 1st .230450 .230375 2.783750 2.783750 Laclede 2.800742 2.800742 2.800742 4Y2% .658327*t .658327* t .561797*t .561797*1" .561797* t .561797*1" .425531*t .425531*t Uruguay, peso tApplication depends upon of type .425541*! .425531*t McCord bonds, due 1951 Midlothian Country and ref. merchandise Statement of Condition of the 12 Federal Holdings of Treasury bills increased $47,000,000 in New York City and $38,000,000 in the Kansas City District, debentures, due $77,000,000 in the New York District out¬ City and $39,000,000 in the Chicago Holdings of Treasury certificates of indebted¬ ness decreased $33,000,000. Holdings of "other securities" increased $102,000,000. Reserve Banks Combined side Gas 4!/2% 15-yr. 15-year 3V4% Electric & dollars) Increase { + ) for F. 0 Total gold ctf. reserves 6.184 134.690 •f — 26,029 4" 2,679 Industrial loans + 199,533 advances principal changes were increases of $56,000,000 62,148 District and Richmond the District, and $47,000,000 in the Dallas decrease of $106,000,000 in New York City. a ■ 22,950,776 250,317 cash and ■ — — — 8 + 338,150 49,636 160,733 Time deposits credited Bills 3,629,247 Certificates — 2,778,550 6,175,700 Notes 5,286,000 Bonds —. — — 203,328 — 2,159 banks deposits Demand $37,000,000. decreased domestic to increased in most districts. Borrowings decreased $184,000,000 in New York City. A 39,948 52,500 —3,892,450 43,000 Govt, S. securities. 17,869,497 — + 5,822,100 — Inc. ( + ) or loans Total and securities— 18,071,709 —— 289,530 — — F. from Notes R. 24 foreign banks of Bank assets assets Total + 17,445 + 12,886 + 226,093 + 575,892 35,438 85,850 premises Other 140,532 3,155,972 banks— other Uncollected items + 125 + + 3,749 44,690,618 - and Investments—Total Loans Loans — 22,273 — Industrial, Corp.— bonds, series H, due 1967_ -Sep -Sep bonds, series I, due 1967 Light Co. $6 and 7% preferred stocks- -Aug chasing 577,987 U. for dealers and 111 1 113 Texas Power & •Announcement 100,958 22,868,405 notes Reserve — Other 410,521 Deposits* Member U. bank—reserve ^ 16,157,309 291,178 525,474 + 142,766 + 76,718 + 21,721 + 675,497 16,602 260,696 Other 18,145,126 items— 2,752,408 liab., incl. accrued divs. 8,852 tables. Per 326 Treasury notes 626,338 — (Section 13b) capital accounts Total liabilities & cap. accts. 220,010 488,173 27,543 180,101 44,690,618 + 14,014 244 21,462 indebtedness— Federal Reserve with Balance Banks with of gold certificate to deposit and F. note liabilities combined serves, + — 12,875 4,280 Demand domestic — 22,273 + + 0.4% 577,987 + 1,371 + 83 20 — Condition Statement of Member 0.6% 2,837 43 + 629 112 + 31 924 994 51 3,312 6,059 1,804 1,169 740 — 4,948 + 16 + + 96 + + 117 + 2,231 — — + 33 4 + 8 — + 102 — + + 30 — + 100 + 28 + 164 + 57 + 260 + 1,235 — — 142 — 11 196 — + Auto Avondale U. Govt, S. — Banks reporting member System in leading cities shows the following principal changes for the week ended July 12: A decrease of $264,000,000 in loans, mcreases of $117,000,000 in holdings of T«*sury bills, $151 000,000 demand deposits adjusted, and $2b0,0uu,uuu in demand deposits credited to domestic banks, and a decrease of $196,000,000 in borrowings. Commercial, industrial, and agricultural loans in¬ creased in most of the districts and a total of $65,000,000 at all reporting member banks; the principal changes were increases of $38,000,000 in New York City and $16,000 000 in the Chicago District, and a decrease of $18,000000 in the Dallas District. Loans to brokers and deal¬ ers'for purchasing or carrying United States Govern¬ ment and other securities decreased $175,000,000, largely City. Real estate loans increased $43,000,000. preferred including and those common called The date indicates the stocks redemption, 27y2c 8-15 7-31 33ysc 33c 8-15 8-15 7-31 7-31 25c 50c UOc Class tl5c Canada Safeway, Ltd., 4y2% pfd. (quar.)_ +$1.12'/2 Canadian Wallpaper Mfg., Ltd., class A— t$l 9-15 9-15 8-15 8-15 9- 1 8-10 8-31 8-31 7-31 7-31 t$l 8-10 7-27 25c 50c 9- 1 10-14 9-29 20c 27y2c 9- 1 9-1 8-7 62Vie 9-1 Bush Terminal Co., 1st mtge. 4% 8-7 — 59c 9- 1 8-7 (quar.)— $1.25 9- 1 8-15 Pag# gold bonds, due 1952_July 27 106 Steel Series 1976 Aug Series 1981 Aug 1976 1981— 1984 Aug Serleks W, 2%%, due 1980 — Castings— (increased - California Water Service Aug Aug Aug 1 1 • 106 106 106 106 106 106 8-18 8-21 8-21 Co.—- 4.40% preferred 5.30% convertible (quar.)_ preferred D (quar.)— convertible preferred E (quar.)— Life Insurance C States (initial) common new — Special Canada Foils, Ltd., A (quar.) Class B 4% common . Corp., (quar.i common preferred (quar.) Arizona Light . &, i— (quar.) $2.50 preferred (quar.)__— $2.36 preferred Co., Louisiana Central Vermont s—.— (quar.) Foundry Chain Store Cincinnati 4% Real Milling preferred Cinzano, Ltd., 5% Electric Public Estate pfd. Co. — 8rl5 Trust Machine Co., preferred 8-15 8- 1 17c 8-15 7-31 75c 8- 1 35c 9- 1 8-l6 $1 9- 1 8-10 2%% '9-30 8-15 (quar.) commdn— , (s-a) 8-7 45c (quar.) Service___ (quar.) 5V&% 8-15 7-27 Power— (quar.) preferred Central 1 1 1 1 7-17 8-18 7-31 * quar.)— (quar.) Central Consolidated Gas Electric Light & Power Co. of Baltimore 1st refunding mortgage sinking fund bonds— Q, 2%%, due R, 2%%, due Series T, 2%%, due Series U, 2%%, due Series V, 2%%, due (quar.) (quar.) $1.10 Date 7-15 7-20 7-20 7-21 8-10 7-24 8-15 8- 1 8- 1 7-31 7-31 7-31 8-15 7-24 7-24 common Common Issue— 8-15 7-15 8-l<$ 1 8- 1 8- 1 Central and 9- 50c (quar.i Co.- Co., preferred the details were Company 9-15 9- 1 8- 1 $1.50 Mfg. 25c 8-15 '9-15 2 (Brooklyn, - preferred Carrier TENDER 10- 8- 1 9- 1 8-25 9- 1 9- 1 9- 1 ing tenders, and the page number gives the location in current volume (except where indicated) in which given in the "Chronicle." 9-12 10- 2 $1.183/4 (s-ai California-Western for 7-21. 9- I 8-20 $1.12y2 $1.12y2 15c $1.50 (quar.)— 5.28% called 8-25 $1.50 15c 18c 25c 12y2C 28 VeC Y.) Rubber the OF — (quar.) Bank National Bensonhurst 4%% under sinking fund provisions. redemption or last date for mak¬ NOTICE (quar.i —; common Brown bonds, notes, 9-15 8- 1 9-15 10- 1 $1.13 (quar.) (quar.) Co. (quar.)__: Heminway Buckeye list of corporate a 9 1 9-1 9-1 8- 1 9- 1 8-15 Corp., preferred Belding Co., be found 3 30c Shoe S.) 4%% 6% Below will 1 9-15 9 15 9 15 8c ; pfd. 1947 Building Corp. Mfg. Co., 6% pfd. (A. Brunner Notices 1 8- 25c (quar.)- (quar.) Boston Redemption Galls and Sinking Fund 9- 8-15 8c 118 4 22,693 during week A ,— (Sidney) & Co. Fund, Inc. (quar.) ' accounts, class America Blumenthal deposit accounts, except and of Co. Ayres (L. S.) & Co., 4»/2% 4Me% preferred series of Bagley 5 9-14 $1 Ltd., Co., common preferred 8- !15c RR._ . Common $4.50 8- 5 8-15 tlOc Line Canteen 8- 50c 30c $1.25 — (quar.i Products 8-16 1 8-15 37'/2c 37Vic (quar.) Mills, 9-15 9- 8-21 $1 (quar.) B Automatic 7-20 Corp.— , Co. Coast Fabrics Class 1 60c Chemical & 431 statement of weekly Atlantic 8- 10- 1 10c Foundries.., preferred $5 1 1 75c Co Inc (quar.) Edison 9- 1 5c Steamship Fund, Company Arizona N. - demand — 15.562 2,452 — Borrowings to 1,512 + 225 + 1,524 151 37 35 + 886 the Federal Reserve in New York Appleton 9- 9-30 8- 5c (quar.)_ Steel Common — The condition 55 9,467 banks iinterbank Commitments banks of + 47,547 deposits, except Government U. 8. Government deposits ; Interbank demand deposits: Debits ances trial loans 2 Beacon Time Contingent liability on accept¬ 5,924 B preferred — 2,458 banks deposits adjusted Foreign R. purchased for foreign correspondents to make indus¬ Class Holder$ 9-30 4c (quar.)_ (quar.) American Beck re¬ 56.0% A 83 Liabilities— Domestic banks Ratio Potash Class — 854 vault in Mutual 2 + 87]/2C Shares American-Hawaiian $4 (quar.) - + 12,088 Other securities Cash + 82 417 75c When Payable of Rec. Inc.— convertible preferred 146 5,869 of bonds Reserve — — 7,040 1,171 26,797 Airlines, __ 50c $1.12V2 17c 25c (quar.) preferred Business 24,455 433,526 certificates S. convertible Furniture 2,522 Treasury U. (A. S.) Company (quar.) Amalgamated Leather Cos.— American 36,248 — securities—Total Government preferred- Aloe American 254 218,625 43,774,791 Capital paid in Surplus (Section 7) Other loans S. banks (quar.) 5% American 99 176 (quar,).._ common Extra 4,755 bills Capital Accounts— Surplus Other 143,357 to Finance, 2,652 — an¬ we Share Steel, 2,568 761 dividends the Then Name of Company + + all payment date. + 65 grouped in two separate follow with a second table in which we show the payments previ¬ ously announced, but which have not yet reached their 263 + are indicate we nounced during the current week. 498 Treasury — Issue first the — 1,091 purchasing or carrying: obligations loans estate Loans U. deposits Deferred availability Total liabilities for In 3>/2% 441 Government S. 649,017 143,293 . Total Other — Real this DIVIDENDS American obligations Other securities —1,257,875 1,201,647 acct— Treasurer—gen. S. Foreign acct. loans U. in Dividend announcements American pur¬ Other securities Liabilities— Federal 111 1 4,731 carrying: or Government S. 111 1 — 13,725 brokers to 111 — 3%%' + agricultural and loans 18,658 2513 stock preference 3y2% 6% dollars) of — 25,469 — Loans—gross Commercial, 1 -July 31 1952 1 66 264 67,586 25,858 Loans—net 2,776 — 1949 1950 millions (in July 13, July 5, 1950 763,072 25 1 .Oct due mortgage Allied Since Dec. (—) 604,498 Assets— Due due 1959. Aug due 1966 -Sep Allegheny-Ludlum $4.50 preferred member banks follows: —2,494,200 125,400 424,228 debs., mortgage liabilities of reporting of the assets and summary July 12, Total U. f. bds., s. conv. General U. S. Govt, securities: . 1 gold bds., series G, deposits adjusted increased in nearly all dis¬ Demand tricts; the 276,002 in 4.187 — 522,345 Discounts — R. notes Other 1,997 — 22,428,431 fund Redemption $ S $ certificates 1949 1950 1950 Assets*"^ or since JUly 20, July 12, 12 Aug York New of District. decrease (—) Gold * 1963. Aug 14 1956 General and decreased July 19, 9 107 1 Qlub— mtge. Pennsylvania RR., Gen. mtge, 30-yr. 3%% of -Aug sink, fund debentures, due 10-year 4y2% Corp., Rochester thousands 9 July 29 ; Philadelphia Co., $6 cumulative (In July 29 1950-1956 Co.— 15-year conv. Gen. ♦Nominal. Light 193 Corp.— Inc.— f. s. 9 Aug .658327* t .561797*1 : .658327*t Electric & Apartments, Gas CALLED ISSUE Inc., 1st mtge. 3 V2 % bds., due 1974 mortgage 5% 2.783750 1978 Issue— debentures, d-e debentures, due 1971 .230600 .425531*t Uruguay, peso due serial Eddystone .658327* t Uruguay, peso Gas 3Vfe% 2.800742 Closed 1.800742 pound sterling Columbia 2.783750 .230800 1.783750 Africa, pound and Arizona Edison Co., .140154* .193329* Straits United Kingdom, Company .140154* Norway, krone Philippine Islands, peso Portugal, escudo Unioh Closed Corp.— ENTIRE .262500 New mortgage Service .115727 Netherlands, 1st Public 15-year 3V2% 7-20 46 The Commercial and Financial Chronicle (326) When Per Name of Citizens Share Company Utilities 50c preferred (s-a > City Title Insurance Co. Cleveland Quarries Breweries Coast Colorado 5% Fuel 4*4% Iron Coro, Co., Inc. Cosmos In of 4 25c (quar.) tion 91/lOc or Delaware 5% 8- 1 9- 1 8-15 5% redeemable 8-29 8-14 5% redeemable *20c Ltd.— 8-15 7-31 final (accum.) 4% preference Freres, East $5 $7 Erie & Eversharp, Fansteel 9-16 $1.40 8 7-31 4.08% 20c 8- 1 7-20 _ (quar.) Machine Dredge Co. Mfg. Electrochemical preferred $4.50 convertible 7% Car International Diterstate $4.80 Iowa Co. Scott 9-15 3.75% 10- 2 9-15 2 9-15 - pfd. Kawneer A Dtfe Dord & Ducky & Fully pfd. Chemical, Telephone preferred convertible Metropolitan 3.90% 9- 1 8- 9- 1 8- 7 25c 8-19 8- 9- 1 9- 1 8- 5 2 Edison, $1 3-11 8- 30c 9-30 9-18 9-30 Morgan (J. & national 8-15 U. 4Vi % 6% neon new Products Process of payment sue to near York $60 north per Stocks, Diversified Woranda 9-29 9-15 Universal 9- 1 8-15 Vogt 9-28 8-31 OO 7-24 American r—1 10- 3 9- 8 10- 2 9-15 9- 8 9-15 8-31 9-15 8-23 1 8-15 7-25 7-15 9- 1 8- 4 10- 1 9- 1 9- 7-27 8- 7-20 1 12'/2c 1 7-21 9-1 8-18 8- $1.50 40c (quar.i 8- 7 7-28 7-18 8-10 Yellow 30c 8-31 (quar.) 8- 1 8-10 8- 1 $2 88c 8- 1 8- 5 25c 8-15 8- 4 ~ 40c 8- <1 8- 1 7-20 25c 8- 1 7- ~ 37 Vic _ (quar ) 8-15 37 Vic 8 7-31 10- 2 10- 2 9-12 $1 10- 2 9-12 96 'A c 10- (quar")""" (ouar ) 9-12 1 9- 971/2 c 10- 1 9- 5 $1.08% 10- 1 9- 5 9- 1 I (quar.IIIIIIIII 25c (increased) 9-15 5 75c 10- 1 9-15 10- 1 9-15 " 10- 1 9-15 $2.50 9-15 8-31 7 Vic 8-15 8- 1 40c 9-11 59 %c _ 9-30 9-16 8- 1 7-26 9-11 8-15 20c 15c - 8-28 - (quar.) 20c 10- 2 9-15 "~~ $1.12'/2 10- IIIIII"III" 2 9-15 $1.25 10- 2 9-15 Ltd +40c 7-27 RR., 6% arrears on pfd. this A 7-13 8- 50c 1 7-20 OJ a> H0 $10 1 1 00 is- 5% (quar.) (quar.) Fire Co. (quar.i Extra ■ — 1 dends (quar.) 1 7-23 8- 1 Atlas Powder Co., 4% 8-15 7-29 7-15 Austin, 9-15 $1.20 & Wiborg pref. Nichols 9-21 9- 7 8-15 8- 1* 8-25 9-15 * 8-25 Bankers Bond 8-21 Bareco 8-31 8-21 Bates 8- Bathurst 2 Co. this Shoe 9-13 Inc. Stores, (quar.) $6 1st prior 7% 8- 9- 1 8-15 8- 1 7-17 9- 1 8-15 9- 1 8-11 9-11 8-10 Belmont 7-31 7-25 Beneficial 1 7-31 7-25 8-21 8- 8- 7-18 1 1 Co. $6 Iron Canada, Petroleum American Louis) Corp. Corp., (This Watch 8-15 7-31 Berland Shoe 7-31 7-20 Bertram (J.) being given in thf When Holdert Payable of Rec. 8-15 7-27 10- 2 9-11 9-15 8-21 8- 7-14 1 8- 1 7-14 9- 1 7-31 7-25 7- 8 8- 1 7-20 10- 1 9-13 1-1-51 12-20 14c American Bosch American Can B American 7-25 8- 5 7-25 $2.50 8-1 7-14 $3 American $2 8-2 9- 5 8-11 7-31 7-17 (St. Foods, Power & Equitable 1 8-15 8- 1 7-21 $1.25 8-31 7-20' Light— Co. of N. 8- 1 7-21 7-28 7-18 $1 Assurance common preferred convertible (irreg.) (quar.)__ preferred preferred Ltd., (quar.) & A Co. (quar.)_ Co., 7-19 7-31 7-14 7-25 6-30 7-25 6-30 7-31 7-21 t25c 8-15 7-31 (quar.) (quar.) 7-12 8-10 9-30 12-15 7-20 8- 1 7-14 7-28 7-14 8- 1 7-20 8- 1 7-20 8- 1 9- 2 8-25 8-15 8il 68%c 7-10 if f ■ J25c 8- 1 7-15 11- 1 10-14 jlOc 8- 1 i JlOc of 11- 1 ; 7-15 10-14 Vancouver, Ltd.— J25c Products. Ltd. & (s-a) 9- 1 tl5c 8- 1 ,.,6-30 , 7-31 Paper, Ltd.— (accum.) t$1.75 8- 1 .7-15 t$1.50 8- 1 7-17 15c 8- 1 7-20 15c 8- 1 7-20 50c Telephone 8-10 7-20 1 ; 8-18 7-10 Cc.— (quar.) Department Stores, Inc.— (quar.) (quar.) Motor 9 1 70c (quar.) preferred Brockway 8-25 12- 8- 50c (quar.) quar.) Pulp B 1 $1 prelerred Forest Common 1 8- $1 (irreg.) Columbia 6 8- 8-15 15c common British Columbia preferred 7- 7-17 25c (quar.) Distillers Columbia 8-15 7-25 1 +62Vic (quar.) Common 8- 9-25 7-26 $1.50 common 7-31 2 8-15 25c (quar.) (quar.) & 8-15 10- $1.50 pfd. Corp Trust 7-14 1 J25c (initial B 8- 25c com. Roofing Co., Ltd.— (initial quar.) B' Class 7-31 25c (quar.) (quar.) $2.75 7-14 50c Brass Estate Inc., 1 15c Corp., Class 7% 8- 50c (quar.) A 6% 9 25c common common class Edison British 9 2- 40c A class (quar.) Corp., Ltd. 5% Co.. Real Brewers 11- 43%c (quar.) Tobacco Fisheries Class A 9 1 $1.31'A arrears) Company preferred Bourjois 8- 12- 3-1-51 Co Brooklyn Telegraph & Messenger Co. 20c 50c (quar.) Corp., W.i Aluminum Boston 1 8c Co preferred Boston 8-31 9- pfd. prior (quar.) (Phila.), Ami 2 $3 (quar.i $1.75 prelerred 4% 8-31 10- 8- 50c (quar.) Inc. Ribbon Booth 7-20 8-15 8-15 9-25 8-25 8- 7-21 Y. (quar.) (quar.) Quarterly 1 25c 8-30 50c 7- 7 9--.1 5% 9-1 7-7 75c 9-1 7-7 Brown Gas convertible Buckeye preferred Porcupine Shoe Mines, (initial) Buda common Inc., 38c 8- 1 8- 1 6-30 90c 7-31 7-14 5c Company Bullock's 20c' 4% 9- $2c Ltd Company $3.60 preferred (quar.) Incubator, $1.25 Cc.— 7-7 62V2C — Brooklyn Union Broulan 62'/2C General Bon 7-20 1 2 15c (quar.)_ Sons, Brothers 6% Blue 1 8- 15c Stores & Electric (E. 4 10- f5c Best Bloch 8- 7-15 15c Co Company Blauner's 1 1 75c , Securities Co., & Birtman 98- $1.50 B Best Broadway 9- $1.25 75c (quar.)_ (irreg,)__ convertible 9-1 75c 50c Distilling Co. convertible 8-15 9 f75c (increased quar.) Corp., 5% pfd. (quar.)___ Co. American' Cities 7-25 9- t25c Co. 9-15* t$1.75 Inc., British (quar.) American Book 8-17 40c Co. 2* 8- 1 t$1.50 (quar.) (quar.) prior preferred Class Automobile Insurance 10- 45c common clears Class ; 7-12 8-16 $50c common payment $1.75 $2.50 quar.) 7-18 7-27 $1 $1.12'/i (s-a) Products, Brantford (quar.) 7-31 12 Vic (extra). (quar.) preferred Ben-Hur Benrus Ltd.— 4% preferred (quar.) Aluminium, Ltd. (increased 7-14 3-12 1 of (quar.) Works 7-24 $3 of 10- 15c 7-24 25c Co., preferred Portland Cement Co Aluminum Co. ;_ Quarterly 8-15 15c Control Guaranty Belknap Hardware & Manufacturing Quarterly Quarterly 8-15 25c Semi-annual Class preferred preferred 8-15 t 15c Ltd 8%c Apartments, Inc.— preferred (quar.) Belding-Corticelli, Ltd., Bohn (quar.) 7-25 7 Ltd.— 8-18 Allegheny & Western Ry. Co. Alpha 7-14 Paper, 1 t25c Air-Way Electric Appliance Corp — Increased quarterly Akron Canton & Youngstown RR.— 5% preferred (s-a) Allied 8-11 (quar.)___ & 2 50c Co. 7- 1 7-25 15c 15c 10c 9- f$1.25 Equipment, Surpass 7-31 9- common 10- Share Corp. Reduction (quar.) common 7-20 Beaux-Arts 25c Gas 7-20 7-14 20c Class A (quar.)___; Baystate Corp. (increasedI Bliss preferred (quar.) Affiliated 7-14 Corp.— 7-18 37'Ac these 7-20 1 7-31 Mortgage Power 28c week, 1 8- 7-14 (resumedi__ Co., preferred 15c (quar.) 8- 1 (quar.i 7-22 25c Co preferred Steel 1 15c (quar.) 7-20 $1.05 9- 12'/2c (quar.)__, 1 8- (quar.) 7-28 we Adams-Millis Air & Co. Mfg. 25c — 5 8- 56V4C (reduced) Oil 20c (increased) 7- (quar.) Works, preferred America 7-28 8-31 ' 1 30c 8-15 8 5 8- 1 (s-a). Porcelain conv. 15c 9- 7- 1 Extra Baltimore 7% 1 8- Baldwin Co. 8- 8- 8-15 Rubber 6 $1 93%c 10c 1 Locomotive 7- 30c 9- preferred 1 (quar.) 8-15 7% 8 8- 6-30 .$1 (initial) 1 Baldwin 7- preference common prior 9- 62'/2C (quar.) Sugar Refineries, Ltd.— partic. preferred (quar.) A Co., 6 1 Ltd.— f:20c f25c Light conv. & convertible 7- 8- t$1.37Vi iquar.)____ Proprietary, (quar.)— Manufacturing, $2.25, conv. pfd. Axe-Houghton Fund B Inc. (quar.) 15c (quar.) (quar.) & 6% pfd. (quar.) 1 1 37Vic A 8- 8- $1 (quar.)___ 1 5Vi% $2.50 $1 9- 56'Ac Ltd announced Class Agnew preferied 10- $1.08% (quar.) (quar.) 8-15 Acadia-Atlantic 5% preferred (s-a) Electric 4.35% pfd. City $3 F, Inc 5 ' 9- $1.50 non-cum. 6% T 8- ! 7-15 Atchinson, Topeka & Santa Fe Ry.— Common (quar.) $1.06'A Name of Company A 8- •$1 1 55c 8-11 $1 pfd. 5% 8 preceding table. 8-25 ! 8- (quar.) 9- give the dividends announced In previous weeks and not yet paid. The list does not Include divi¬ 9-15 $1 7-15 25c (quar.)__i preferred t$l Semi-annual •'Consolidated 8-11 1 preferred 25c (quar.) Corp, Insurance Power Below 17c 4 8-11 8- Class m — 1 9-1 2nd 4Vi% American Enka Corp Fund 9- $1.75 22Vic 1st 7% 9-15 a5% (annual) A preferred Corp. Inc.— Iquar.) $1.50 Telephone Ltd., 4'/2% pfd. (quar.) preferred (1947 series) (quar.) 6% 25c __ Louis) ,__ Mines, Steel Cab, Amerada quar.i 8-11 Bessemer 7-20 40c "(quar.)" 9-15 12-15 com. 10-13 Per _ 1 1 2nd 9-15 7-31 7-31 9- 4% 25c 1 1 1-2-51 8-15 75c Corp.. 12-13 9- 9- 40c 8-31 7-26 12-23 7Vic Goods,Corp., preferred 8-25 12-18 7'/aC 4% 8-26 12-23 (quar.)_ 7-22 1 7-17 9-12 (quar.) 1 8-21 1 (quar.) preferred Dry 8- 9-15 7-12 9-23 tl5c conv. 5% t9c 7-12 1 t$1.12'/2 (quar.) Avco Ltd.__ 1 8- 9-30 $3 ^ preference 40c (quar.)_ 8- 3 $1 common 6% Ault Chemical Crampton Corp. Wisconsin 9- (s-a) 6% Associated Atlantic 2 7-20 /$ 1 Mig., conv. preferred 7-22 10- 1 $1.12'/2 (quar.) common Refining, 4% preferred 3.75% preferred B (quar.) Atlas Plywood Corp. (quar.) f20c 8- Artkraft 7-13 10-11 8- 7-20 $1.12'/2 (quar.) red. 1 1 Co.— (quar.) Ltd., conv. 40c 10c 9- Corp., 9- 8- 62'/2C 45c (quar.) Extra 9- preferred 4'/2% 8-24 10c 8-18 $1 6% Argus 7-25 25c Atlantic 50c preferred Mfg; Co. 8-19 1 Common 1 9- 12'/2c (quar.) com. 25c (quar.) Extra 8-30 I of America, Mills, (quar.) 1 (Texas)— (quar.) (St. Co., Amulet & a25% Cotton 8 9- $1 , Co. Arcade 8- Ltd.— f60c Co. Insurance Winters 8-15 com. Waite t56'/4C t25c Co., preferred preferred 8-1 8- 50c —— common 25c Co. Manufacturing 50c I_H 4% 4.50% 7-29 35c (quar.)_. (quar.) share. Utilities 4'/2% Growers, Ltd.— Transit Westchester 12 V2C pfd. United 7-31 8-15 50c Louis 4 Oil prelerred (quar.) Appalachian Electric Power 7-31 50c Mines, & American Ltd, Oil 1 $2 Investment Mines. northwestern 7-18 40c Inc.""!" reduces pfd. & Bumper, common preferred (quar.) 7-28 Co.— (quar.) Ltd. Associated Spring 4'/i% Washington — Y., Chicago & St. This S. 8-25 I """"""" Western Canada, Co U. 7-25 (quar.) 5% 7-20 100% Machinery Corp.— participating preferred (quar.) 9-11 Co. & Telephone Trap Co. 1 27'/2c . (quar.)—. ._ Illuminating 8-15 87 Vic (quar.i (quar.i preferred 8- 8-22 Hoffman Wentworth [6cf."~(qua"r") preferred S. 4'A% 35c "I (quar.)_ (quar J—IIIIIIII (increased Grain United 8-15 Clayton preferred 8-15 10- 2 8- Haven)— 35c Power non-cum. 8-15 11111111111 Container Corp. Linen Service Corp. Common 5% 1 "(quar") _ national pfd. Trust Co., Ltd.— Ordinary (interim) Torrington Mfg. Co. (quar.)____ United 4'/2% $1.50 (quar.) Anglo-Canadian 25c 40c (quar.i Corp, dividend) 1 50c 50c Corp. (initial].!IllH™ Paper Mills, common (quar.i 4%% preferred" (quar.) ' Shares 15c $1.10 Extra 1 Morris Mutual 50c (quar.)„! A Ltd. Sulphur Insurance 1 IIIIIHH preferred Co., 50c $1.12'/2 quar.) Corp. Water 9- Gregory P.) 25c (increased Extra 9- shares Morton 75c $1.50 Co.— Products Title 9- (quar.i dividend $1.18% (quar.) Tide 30c (quarl)III—I preferred Co., $2 25c ___„ Gulf 9 7 Vic (quar i 3.85% (irreg.) Oil, Ltd.— participating preferred Tennessee 9-18 !"" . Midland Oil, $i conv. pfd. Midland Steel Products preferred 1* $1.20 — (quar.) preferred Co., A.) A Oil Texas 8-10 10c (Seattle)— Co. 2nd (D. Tennessee 7 25c 50c common preferred 4.35% $2 8-11 (quar ) preferred 5% Company, & 0% 8-11 1 Co. (quar.) (quar.) stock Merck $3.50 9- 1 9- Brooklyn—" __ Meadville $4 9-27 9- 8-15 8-10 preferred Anglo-Huronian, (quar.)____._ 1 $1.12'/2 20c participating Initial McArthur J.I Extra 7-20 1 1 Corp.— Consolidated ColliIIIIIIIIII RR. Gas preference Brothers, 15c (quar.)— Bancorporation Co. Co. _____ 2nd Inc. 1 37 Vic quar.) Co. Corporation Marine 8- (Wm. Class 8-15 93 %c I Nashville 1 25c Co. Tobacco 8% Stores, Dynch (quar.)— (iireg.>____ Co. 6-28 9- 9- Tobacco Securities of Corp Myers & 9- 50c Taylor, Douisville 10-27 $20 Cement 7-10 (New Seal & Sun i (Chariest & Stedman 120c Portland Water Cap Sullivan (quar.i Machine 1 7-28 40c $1.50 pfd. (accum.) Hampshire— Bros, & 1 II I & 7-14 6% 40c convertible Stange $1.75 Bank 7-14 Insurance 2 — Savers Stamford 8-18 Co.— (increased National 1-JO 7-25 Works 8- (quar.) Monotype Machine Deece-Neville Co. Dlggett 8-25 1 9-19 Inc.— 7-25 (quar.) G.) 6 7-14 7-25 50c ___ 9- __ A Danston Ketch 9 9- $1.18% Foundry Dehigh 9- (quar.)II Quarterly York 8-15 7- 50c 75c 5'/2% 9-27 Gold County (New 1 Mines. Ltd. (interim) Trust Co. (Brooklyn N. Y) Kerr-Addison Dakey 9- 7-13 1 Extra Chemical, Life 7-20 1 Anderson, series Lathe Quarterly Spalding (A. 8-15 Co 1 9- 8- 8-15 (quar.) 8-25 (quar.) Company Dafayette Southwestern Bend Stuart Cable & 8- 10c $1.25 8-15 (resumed). 40c ) Kentucky Utilities Co.. 4%% Kings 9-30 $1.06',4 Corp. Co. Printing 10-15 31 Vtc (quar.)_ common (quar.) Co. South 25c (quar.i__ II Corp. (quar.)—Ill—"III Kable 8-18 20c preferred Jaeger Machine 1 30c —_ preferred 9- 9-29 $1.25 com.__ 9- 1 (stock preferred 8-25 7-20 40c common $1.06 % class Mining 5 20c 7-20 1 7-21 Gas, 5% (quar.) Inc. 8- 20c 1 8- 10-21 37'/2c Company Agricultural Standard 88- 1 _ 8-15 10-17 Wire 8-16 3 . Anaconda 7-14 1 $1 25c 1 Simmons ——III (quar!!——I 6-30 9- 9 8- 4 75c (quar.) 50c 8-16 1- 7 8- (quar.) Sugar Corp. & 8- 11- & Co. 7-14* 8-31 7-31 (quar.) (quar.) Animal Co. 7-28 75c 20c com.___ Zinc, Lead & Smelting Co., 1 Sheraton, 10- $1.60 7-20 preferred $5 prior preferred 1 Oil I2V2C 6% 7-11 7-17 9- Container, Seminole Smith 8- 1 7-24 9- Insurance I2V2C 37 '/2c (quar.) Gas 7-10 American Co., common Bottle Corp., 9-30 25c Corp., com. (quar.)_ (quar.) _" Service, common (quar.)——I Jacksonville 7-15 Viscose 9-30 Paper Security + Bakeries 3.90% 8-15 Thermos American 35c Seaboard (quar,)—-. preferred Public 7 American $1.02 preferred 7-14 1-31-51 Joseph Stock Yards (quar.)__ Regis Paper Co., common (quar.) 4.40% 7-28 I common Harvester preferred St, 7-25 9-21 Ordinary (final) Anheuser-Bush, Inc. 31c — Co., (increased Water, Diternational St. 8- 7-14 1 $1.50 (quar.) preferred 10-16 Z~.ll Indianapolis 8 7-31 8- 8- 1 9- 50c (quar.) Co. 1 8-15 8-25 Co.— _ Zinc 9- 4'/a% 7-15 1 _ & preferred Corp., Motor Special 1 8-21 1 8- $1.50 New Co. 1 8- $1.75 (increased) Superpower Corp.— preference (accum.) 9-30 Co., 9- (quar.i Electric Spring 7-20 American 40c Mfg. 2 _ (quar.) preferred Illinois 8- 9-15 common Reynolds 10- common __ $4.25 Hudson 7-19 + (quar.)— Burtlett (monthly) (monthly) Common (monthly) Hires (Charles E.) Company Holly Stores. Inc., 5% conv. Stores 7-21 1 7-20 1 (quar.) Republic Steel Corp., common (quar.) 6% prior preference A (quar.) 11- Common 4Vi% 1 8- 1 8- 30c common (quar.) Anglo-Iranian 15c Co., B Cerqmon Howard 8- 7-21 1 Corp. preferred 7-31 15c Heywood-Wakefield Spencer, 8- Co., Smelting & Refining 1st 8- 37'/2C Phenolic American 4 30c $1.25 (quar.) preferred 8-15 Alegre 7-17 each $1.12'/a Gas preference common (quar.) preferred (quar.) Owl 1 Ltd. Company, Natural 84c Inc. for Co. common preferred 10-13 ^ 9- (quar.) Stores, common preferred A (quar.) 25c (quar.) (quar.i. 4'/2% 7% 7-10 2 3- Co., (quar.)^ Metal American 7-25 Adams Express held. Anchor Post Products, Co. 1 American 7-20 9-15 of shares preferred 5% dividend 5Cc — preferred Punta of share 25 American-Marietta 6% 7-24 10- Corp— preferred Quarterly B 7- $1.50 45C J.) dividend— 7-31 8-1 10- 2 10- 2 40c 15c $2.50 — Service 37'/2c Co. (quar.)— Co., common (quar.)_— Inc. preferred 7-14 N. preferred Red 15c Co convertible 8-15 8-15 8- 1 7-31 — preferred- (Newark 6% Randall 40c Ltd. 7-31 Corp. non-cum. Co. 6% 9- (Dallas)— Co.. 8-15 7 (monthly) 7-14* 1 7-20 Light, 6% Co. preferred Pullman, 50c quarterly Bridge Public 25c Dock 7-31 6% — 3.35% Rheem (s-a» Brewery 8-15 8-15 8-15 5% 8-31 8- 7-20 8-11 15c (s-ai & Stock One 9-10 IOC 8- 1 9- 1 8-18 87'/2c preferred 7-30 7-31 25c 7-21 9-11 25c _ _ (quar.) Western International 7-31 (quar.) 9-20 1 9-30 Corp.— prefered Corp. American Co., 8* 50c Co. 8- 9-11 25c (quar.) 6% 9-15 Y.)— N. — Electric Service 4%% quar.) Insurance 7- (year-end) (quar.) Corp. America Public Corp.— (quar.) Ice American Holdert 7-31 Derrick American 8- When Payable of Rec. al7'/2% $1.28 $1.50 37'Ac 25c quar.) Securities Products $6 (quar.) 65c (quar.)— (quar. t_ preferred 7-25 8-25 40c Philadelphia Corp. Hathaway Bakeries, Inc. (quar.) Havana Lithographing Co., 6% pfd. (quar.) ~HC££qles Steel Products Corp.— Hooker Extra 2 ___ 5% of Co. 8- (quar.i Corp Extra Hibbard, Steel Potash 10- Handmacher-Vogel, 6% Portsmouth 7-31 25c Co. Gulf Insurance Hastings 9-21 25c of & Home 1 $1.75 $1.50 Co._ (Brooklyn, (accum.)_— 2 7-17 convertible Hamilton preferred 1 Metals •Increased 4 Public Co. Hoist American Co.— Co., 8-15 10- t30c — 8- 8-15 8- Co. Oil Lakes 3oc 7% $1.75 preferred 5% 8-16 (irreg.) (increased Griesedieck 1 1 Industrial Great 9- 9- Corp. Inc., 7-21 1 Stock Union 1 10- convertible Cearko, 8- $1.50 Brothers Gear & General 31 Vtc X62V2C preferred American 7-24 American Coke Share Leather & 7-21 $1 50c $1.25 5% preferred <s-a» Pinchin, Johnson & Associates, Ltd.— Ordinary (final) Portland Gas & Coke Co., 6% pfd. (accum.) (accum.) 5% (quar.)— ^ Ltd. Corp., (Albert) 1 Foote Grand Pick 9- Bank $3.50 7-15 1 Association Fullerton 7-20 "B" Federal-Mogul 60c $1.75 10- Inc., (quar.)—.. ... & Bank Quarterly t22c First Fulton Petrolite $1.75 Metalurgical Common 7-20 (accum. > Fate-Root-Heath Fire 7-20 1 50c RR. Light National 1 8- Fibre preferred Peoples 8-~ 35c "A" Kalamazoo (quar.) pfd, (quar.) Gas, Ltd (Md.)— preferred preferred $6 2nd 7% (quar.) (quar.) 5% (quar.) Gas Peoples Ltd.— pfd. (quar.i preferred A preferred Light, Chemical Penobscot (quar.) 4.80% preferred & preferred Corp. Mine, States —,— Industries, Inc.— preferied (accum.)——„— $6 (quar.) Ltd., Sullivan Eastern (quar.)„_ Pennsylvania Water & Power Co., common— _ Corporation, common pfd. Hide 7-24 Pennsylvania on $1.75 Investments, preference Power Pennsylvania liquidating stockholders to 6% redeemable 4.80% Pacific (quar.) Dupuis ■ 5% & 7-15 U5c (quar.i per share Terminal, com. & Dominion-Scottish Dravo Electric, preferred (quar.) preferred (quar.) 5 !<i % Rayon, 7% preferred (quar. )^ Finance, 5% preferred (quar.) Domestic i Pacific Gas 37'/2c 343/aC 31'Ac 31V4C 31'Ac 30c $1.25 20c Co.— Per American 8-15 35c — (quar.) (quar.) 8-11 Co.— the 75c Co common Glass $1.06 Co., made Railway preferred 25c with preferred Corp., 1 9- ing for the expenses incidental to secur¬ ing the refund, there is an aggregate amount of $5,460 available for distribu¬ 7% n. 7-14 1 8- Fails Oswego 4 '/a % 25c $1.12 Vi 15c Apex, Inc. (quar.) Outboard, Marine & Mfg. 1 the Treasury Dept. a refund income taxes. After provid- Federal Dallas - 9- 15, 1948, the company has se¬ from cured 7-15 9-14 Electric— class A Service connection November 7-21 7-25 8- 1 7-31 7-31 8-25 7-31 10- 1 40c Monday, July 24, 1950 . Name of Company Payable of Rec. 22,/2c (Charles F.) Co.. 6% pfd. (quar.)—. Corporation (liquidating) Owens-Illinois (quar.i distribution ' 15c (quar.) (quar.)_ Ltd., Public Ohio Noyes Corp.— Ohio Imperial Mills Crescent Ogden 1 6c preferred preferred Cooksville 1 & Southern & 1 8- (quar.) convertible Columbus C.) 8- 25c Y. (N. 8-18 8-18 40c (quar. > Co. 8-18 25c s-a)_ (Increased com 1 . Holdert When Per Share Name of Company 8- 3% Co., dividend Stock Holdert Payable of Rec. . preferred (quar.) $1 9- 1 8-15 7-27 7-17 1 7-12 8- . Volume 172 Number 4927 . The Commercial and Financial Chronicle . . Per Name of Bums & Company Share - , When Holders Consumers Class A :40c 7-28 Class A J40c 10-28 Class B 140c 7-28 7- 7 Class B 140c 10-28 10- t (quar.) 20c < accum.) 31c 9- 9 8-15 8- 25c 12-18 Burroughs Machine Adding Burry Biscuit Corp., Eutte Co. $1.25 pfd. Copper & Zinc Co., common 7% preferred Byers Calaveras Caldwell Land 1S3.50 1st 2nd Mills, Corp Ltd., common preferred tquar.) preferred (quar.) partic. California 25c $1.75 $1 120c 138c 120c common Timber Ai Linen $1.50 80c Electric Power, pfd. (quar.)— 75c Packing Corp., common preferred (quar.) (quar.)— 62Vic $3 California 5% California Portland Cement California Water Telephone, $1.00 & preferred Co. (quar.) $1.25 preferred $1.20 preferred conv. $1.80 (quar.) 50c 25c 31'Ac (quar.) $1.40 62Vic (quar.) com. , (initial Camden preferred Canada Crushed Northern Southern Canadian Bronze, Class A Corp. Co. (quar.)—_— (s-a) Ltd. Foundry, (quar.) common Canadian Dredge & Dock, Ltd., com. Canadian Food Products, Ltd.— 4Vi% (irreg.) — Corn Corporate Corrugated 8- 1 7-14 8- 3 7-18 Oil Canadian Pacific Ltd., 7-15 1 7-14 Crown Cork 8-15 7-31 Crown Zellerbach, 8- ordinary & 7-31 Crum 7-15 Cuban-American Sugar 1 7-15 7-15 7-15 77c 7 (2 class A $2 class A 9-20 9- 7-25 6-20 8- 1 6-28 10- 2 8-31 1 7-10 1 7-10 1 Delnite 8-22 8- 1 12-15 11-15 :25c 2 10- 2 8-31 8-31 Denver 7-14 Detroit 10- 8- 1 8-25 7-14 2% (s-a)_ 1 8-14 9-16 8-15 8- 11-15 11- 6 0-16 ' Yard Insurance (quar.)_ 9- 1 8- 1 1 8- 1 7-25 7-25 7-10 7-31 7- 25c 25c 7-10 Shares, series Co 7-24 7-24 8-14 8- 1 7- Class B !$1 8-10 7- 2 4 subject approval to at 50c 11-15 11- 6 $4 1-15-51 1- 2 Quarterly 110c 50c common preferred (quar.) $1 10-15 9-18 8- 1 7-10 11- 1 10-20 $1.50 Divco class conv. Corp. Dividend Public $5.50 preferred convertible 7-12 $3.50 137 Ac 40c Inc. 2c 1 7-15 57c 7-15 Steel 50c (quar.) common Stock Case dividend (J. 7% I.) Catelli Food New class class B Caterpillar 4.20% (initial Tractor, 5% preferred Celtic (quar.)— Cold Central Electric Central Hollywood Storage & Electric 4'AT; Light Co. Chicago Chrysler Corp. (N. Corp. 7-18 9-15 9- 7-31 7-17 Oil & 7- 1 57c 8- 1 57c 9-30 9- 1 CO 7-10 Y.) I H 1946) of 1947) (quar.)__ A Co., Cleveland RR. Electric Foods, (monthly) preferred 4'A% Class A $1.20 Cockshutt Plow Common Co., com.— — 7-31 7-20 7-20 $4.50 8-15 8- 5 $3.50 10-15 9-12 8- 1 8-1 8-15 7- 7 7-10 9- 6 8-14 7-17 10- 2 9-15 ?2 8- 1 7-20 8- 1 8- 1 7- 6 7- 6 1-1-51 7-31 7-14 7-31 7-14 8-15 7-20 12-20 Gas 60c (quar.) Co. pfd. (quar.) (quar.) Massachusetts preferred 10- 1 9-16 class A 9-16 Empire 7-31 57o preferred (quar.)™ Empire Millwork Corp 8-15 7-31 Employees 9- 1 8- 1 12- 1 11- 1 7-31 7-14 50c 87'Ac 8-15 9-30 9-19 8-15 7-20 7-25 District Emsco $3 9-11 8-15 7-27 7-13 1 6-30 Corporation, convertible $5 preferred preferred Federal Traders Fire 0 Federal Grain, 37'Ac 9-15 9- 1 Federal 7- 5 1 7- 5 55c pfd. (quar.) (quar.) — 8- 1 7- $1.50 9- 1 8-15 10c 10- 1 9-20 5 37'Ac (quar.)—, 8- 1 7-15 Class A (quar.) 37'Ac 11- 1 Class B (quar.)— 37'Ac 8- 1 7-15 Class B (quar.) 37'Ac 11- 1 10-14 Co., Common of pfd. N. Ltd. dividend) tquar.) Rubber 8- 3 7- 5 8- 1 7- 3 8- 1 7- 3 Corp. Fibreboard Products, prior preferred preferred Hosiery Co 8-21 Grant 10- 2 9-21 8- 1 6-30 National & Class Bank (N. 7- 7 Fort Wayne & Jackson RR., 5'A% t37'Ac 8-31 7-31 Foster Motor Co., (W. T.) 7-10 Great Lakes 7-10 Great Co., West Green (H. L.) 8- 7-20 Greenfield Gas Light— 67c non-cumulative preferred Coal Co., 8-15 8- 8- 1 7-20 8- 1 7-14 8-18 7-21 Gulf 9-15 8-16 $5 preferred Hydraulics preferred Mobile & Ohio RR., 7-15 $5 preferred $5 preferred $5 preferred 10-14 9-29 1 8-15 7-31 7-14 25c 8-15 7-31 $1.25 9- Kleiser Common Co. (quar.) 7-31 7-31 Hart, 7-31 7-17 Well 4'A7c 7-25 6-30 Hat 6-30 Haydock 1 7-25 Hayes Gas Hecht 7- 7 9- 1 7- 7 1-2-51 12- 1 9- 1 8-11 12- 1 11-10 8- 1 7-10 9 9- 1 8- 10- 1 9-15 of 8-15 fl-11 8- 1 7-17 45c 10- 2 9-20 7-31 7-20 7- 7 $1.06'A 7- 7 9-20 9- 1 8-,l 7-15 65c 7-31 7-13 50c 8-30 7- 7 1-2-51 12- 1 8- 1 7-14 2'/4% 8- 7 7- 9- 1 8-21 $2.75 12'Ac 8-15 8- 3 1 7-14 7-24 9-30 9-11 12-28 $1.25 3-30-51 3-12 6-30-51 6-11 9- 1 12- 1 11- I 9-20 9- 3 Inc. :25c 8-10 (quar.) 9- 1 $1.37'A (quar.) 8- 1 7-20 11- 1 10-20 $1.37'A $1.12'A 9-28 9-18 10-14 9-29 60c 7-24 (quar.)- 4'A% pfd. - (quar.)__ 1 7-14 8- 1 7-20 $1.12'A (quar.) 1 7-18 13c 7-31 7-12 8- 7-21 8- 7-31 50c preferred 1 7-31 40c 9334c (quar.) 5% 7 8- 112'Ac t$l (quar.)— Corp. 7- 6834c (quar.) (quar.) Ltd.- common Powder Co., 8- 1 $1.37'A pfd. common America, Cement 8 :35c Marx preferred 12- 10- 1 7- 7 7- 7 9-20 (quar.)_ $1.25 8-15 8- 5c 7-25 7-14 35c 8- 7-14 . _ A preferred preferred 8-15 7-25 b-lo 7-aa 8-15 11-15 10-25 56'Ac 11-15 10-25 25c series A (quar.) series B (quar.) 50c krv4c 53'Ac (quar.)_ 9-15 8-20 7-28 (quar.) Inc. Spencer Bartlett & Co. Monthly Higbee Co., Hines Lumber Mfg. (quar.) Co., Holly Sugar Holt conv. (Henry) 1 7-15 1 7-14 10-15 9-29 50c 30c 9- 1 8-15 115c tquar.) 8- 1 7-21 Co Development Holly 88- (quar.) (quar.) Ltd., class A Co. Mfg. 7-25 Corp., common (quar.) preferred (quar.) ' & Company non-cumulative class A (quar.) 80c (N. Y.) 7-10 9- 1 8-21 12- 25c (s-a) Co. 7-10 1 1 11-20 - (quar.) Insurance 1 8- 25c 37'Ac 6-30 8- lc $1 non-cumulative class A $1 i 25c > 8-1 1 Horder's, 67c Horn 5% Inc. & (George Hardart preferred 20c (quar.) A.) preferred A & Co., common (quar.) Co. <N. (quar.) 7-18 $1.25 12'Ac preferred 57c (Edward) Holden 3 53 Vac (quar.)_ B preferred 4'A% Hlbbard, 1 20c preferred 4'A% Hormel pfd. (s-a) 1 8-12 Steel Products, common preferred A (quar,)_ Hershey Chocolate Corp., com. (quar.)__— Home 93 %C 8- 50c Ltd. Ltd 17c Hobart 7-28 7-28 7-17 $1.25 Higbie Manufacturing Co 30c 1 :35c Products, Hewitt-Robins, t$1 7-10 8- $1.25 » Hercules $1.25 7-15 50c (quar.) & Company, 3%% 1 $1.25 ; (quar.) Co., Fund, Hercules 8-30 7-14 8- 7-28 (irreg.)- . , Light Co. Ltd., class A F.) Steel 10c 1 37'Ac . Electric Corp. 8- Cementing Co.— Co., preferred 7-31 1 7-31 (quar.) Company 5'A% Schaffner (J. 7 8-15 50c Cotton Hartford 8- Oil Harrisburg 8-15 1 9- 12- 31'Ac - preferred 8-15 Inc.— for pref (quar.) (quar.) (A.) 25c 7 8- 12-10 Increased 5'/?% 9-15-, 7 9- 8-15) 9- 75c Gypsum Lime & Alabastlne of Canada, Common (quar.) Harris 1 40c (quar.) common (quar.) 7-15 10- 15c (quar.) 7-15 8-31 10- common (quar.) 8-15 7-15 8-25 11-25 50c — 1 1 8-25 9-15 12-15 25c Brewery Co. preferred (quar.) 8- 1 1 :25c Western conv. 7-25 8- 9- 7-10 Inc.— convertible 8-25 9-21 7-18 (quar.) (quar.) 8- 7-14 7-31 $2 Ltd Company 15c $1.12'A 8-1 50c (s-a)_ :75c Great 9-20 57c 8-15 7-31 (quar.)_ Engineering (quar.) Life Insurance Co., 7-14 5% 9-15 56'Ac 8-18 Greer 8-15 93%c 1 1 8-15 (quar.) common 8 1 I 1 9-15 :25c 9-29 89- 8- 9- (s-a) class A Southern Ltd.— deposit receipts 8-lfi 8-15 $1.25 iquar.) 7-25 $1 7-7 7-2C 1 25c Y.) Company, Ltd., A 7-25 Corp.— 7-28 1 9- $1 3%% preferred (quar.) Grayson-Robinson Stores, Inc. $2.25 preferred (quar.) $1.50 8- 1 7-21 8- $1 (quar.) __ 1 Grace 5% 57c (quar.) Employees Insurance Co. 9- :$i.62 (s-a) Machinery & Chemical 3%7c preferred (quar.) & Gotham 7-17 50c — 1 :50c 7-14 Co. (quar.) 8-16 8- 15c (quar.) 1 Inc.— Food Amer. preference 4'A % Fidelity & Deposit Co. of Maryland iquar.) First Ycrk Coip., common (irreg.) Ford Co. 8-15 8- 62'Ac 7-17 8- 4% 4'A% (quar.) 7-15 Goodyear Tire & Rubber Co. of Canada— T25c Rubber Co.., com. convertible preferred (quar.) 7-15 i preferred 1 25c Y.— (stock Goodall-Sanford, 35c (quar.) conv. 1 8-31 8- 15c Goodyear Tire & 7-15 (quar.) Pittsfield, 7-10 37'Ac 4 1 (accum.) 7-10 7-25 common 7- 1 Ferro-Enamel $2 Co., (quar.) 7-31 8- (s-a) 1 1 7-25 30c (quar.) Inc., 4% pfd. Goodall 8- Canada $1.25 Co.. (quar.) (quar.) Glass 10-14 Co. Corp. of 7- 8- America 6 7-14 25c participating preferred (quar.) Federated Department Stores, Inc.— 67c Inc.— Co. 3 25c of 10- 125c $1.20 4'/4% C.) 7- 56'Ac Co. 1 $2.50 Ltd., 6'A7c Insurance Federal Loan 1 iH. 0 7-21 Company (quar.) 1 $1.75 Insurance 7- 7-25 25c 8- (quar.) (quar.)- Life Insurance 17- 8- H.) preferred (quar.) ; & l?-is 8- 67c Hercules preferred 1 7-29 75c * 6 $1.25 — 8- 10c 11- 15c (quar.) Esmond Mills, Ltd., 57c preferred Eversharp, Inc., common Quarterly 51c Petroleum Godman 10- 75c — (quar.)— Farmers 50c Edison 7-14 1 tl A 6-20 (quar.) (quar.) $5 preferred A 7-31 (quar.) Consolidated 1 $2 +» 8 preferred Consolidated 811- 150c common 8- (Toronto)— Corp. :25c Hartz (s-a) 7-28 preferred Dearborn 7-15 (P. prefeired 30c Ltd 1 American 37'Ac preferred preferred Faber, Coe & Gregg, 770 Fairbanks, Morse & Co. $2.04 Consolidated 1 Equipment— 7-31 $2.00 A & 8- J$3 — — 8-15 1 (quar.) A 8-15 :60c (s-a) Industries, 8- Erie Railroad Co.— $5 5 Chemical 7-15 Glatfelter Hamilton (quar.) Derrick 20c 8- A prior, preferred Equity 1 class 4% preferred (quar.) & Heating Products, Eppens Smith Co. (s-a)_ 8- P 7- Consolidated 1 15c ——— Enamel P-SO JO- 1 preferred 8- Corp Globe & Republic Insurance Semi-annual 1 Co.— <quar.) Employers Group Associates (quS'r.) 8-15 *4 Electric Credit B $1.50 $1.06'A 8- 40c 7- 125c 10-1 47'Ac Inc., 7-31 Halliburton (quar.) 4c tquar.) 6% 8-15 15c — (quar.) 8-16 Power— Power, Co. $1.12'A (quar.) River 1 Empire Brass Mfg. Co., Ltd.— Nut 8 8- $1.25 3 15c (quar.)—-—— Corp. of America 8-16 Stop National Watch 7- 3 $1.12'A 8- 15c (quar.) 1 8- (quar.) common 30c (monthly) common 1 preferred Connecticut Co., 1 8- <quar.)_ (quar.) Griess-Pfleger Tanning Co. 9- $tt Inc., preferred :25c (quar.) 8- Tool common (quar.) Brothers, 15c Products 4'A7c preference Griesedleck Monthly Elastic Machine $1.25 — 7-20 3 \07o Lewis 8-25 Ry.— Elgin R dividend & $1.50 Street (accum.) 1 8- ioc Safety Razor Co., 4'A7c 8- lOc (special) 107c :75c $1 pfd. 7-17 $1.90 preferred Gimbel 25c $5 preferred vtc (accum.) Eddy Paper Co., Ltd., class A t*2 Inc. 9-15 $1.12'A preferred B (accum.) Eastern Sugar Associates— 75c 'Quarterly Connecticut Light & $5 9-29 17c (quar.) 9- Ltd.-^- preferred 8-17 30c Supply Co common (quar.) 1 40c 17c pfd. (accum.) Co.. Ltd. (increased) Confederation Liie Association Congoleum-Nairn, & preferred 1 Inc.— Co. (quar.) International Corp.___ Amusements, 8-31 Stock 7 $1.25 class A (special) Giddings 9- 1 $1.27'A dividend B $1.12% 67c 50c $4.25 Edison National Metals Bradstreet, Dupian Corp. I s-a) Dwight Manufacturing Co Eastern Industries, Inc., 6% Ekco Stock 87'Ac 8- (Ohio) — participating Consumers <fc 4'A% 7-14 1$1.25 (quar.) Brewing Co., Gillette de Nemours & Co.— —_ 6-30 (quar.) com. 15c preferred (quar.) preferred (quar.) 6-30 1 Corp.— $1.75 10- 18%c common Inc. Company, Confederation -Class Dun I.) 1 8- 7-20 Ltd., (quar.) 130c Edgewater Steel Co. t35c Corp., (E. Ducommun 50c Commonwealth Connohio, du Pont 8- 8-15 7- 4 Grafton iquar.) 6-30 1 7-17 *$1.12 % Ltd 1 1 8- Government (quar.) common preferred 7-31 120c <quar.) (quar.) Life Insurance Co. Carbon Commonwealth $2.20 7% Class Quarterly Conduits Drug Co., 130c .— Combustion-Engineering-Superheater, Concord $1 135c Pictures Columbian 7* Ltd.— Semi-annual Columbia 7- Ltd.— System, Mutual Columbus 1 Dow 8- $1.50 $1 :25c (quar.) 1 7-18 8- :i2'Ac Paper Co., Ltd.— convertible preferred 8- 1 6-30 Ltd.— Reduced 4'A% Co. Wares, preferred Class $5 (quar.) 1 8-15 8- 7-31 Donnacona 120c (quar.) (quar.) com. certificates trust 20c — Gas voting 20c , Colgate-Palmolive-Peet Co., $3.50 preferred (quar.) Columbia Common & Chemical, Ltd., 11- 30c HOC Ltd Linoleum, 20c Hardware, 1 Co., & 8- 11-15 $1.37'A :$i.25 (quar.) Tar (quar.) :$i.25 $1.12'A (monthly) — (quar.) J.), Ltd. <B. 8- $5 (quar.) Common Coghlin 7-15 $1.25 (quar.) preference 1 Louis ; (monthly) Cochrane-Dunlop 8- 30c common Common 7-15 $1.50 is-ai Common 7-31 1 30c (.quar.) Illuminating (quar.)— 8-18 8-15 25c :25c Oilcloth B Eastern - (quar.) Inc., 7-15 8- Co.— (quar.)___ preferred 8- $1 . common 1 8-31 22'Ac 45c common Mahoning Ry. (s-a)___ Cincinnati, Chicago & St. preferred 8-15 87'Ac 15c 25c iquar.) & Cleveland, Ry. Co., common (quar.) 1 $1 (s-a) Co., Stores Class $1.75 Electric (quar.) 7-10 8 (quar.) (increased) :25c preference 7-10 1 9- $1.50 preferred (quar.) Globe 1 8- 8-15 7-31 5 8- 35c 4 :25c 8-15 9- 7-10' common— preferred :37'Ac common Malting Co., Ltd., com. (quar.) Dominion $6 :20c (accum.) 1 $1.50 :40c pfd. 8- 933/4c Co., (quar.) Waterworks 25c t$1.25 (quar.) 67c preferred iquar.) preferred (quar.)— 50c (quar.) Inter-Terminal Clearfield 9- 40c (quar.) of Ltd., convertible Dominion 7-31 56'Ac — (quar.) preferred Second 8-31 1 7-101 50c 7-18 Steel $4.50 Common 5c (quar.) (increased) Gas Cincinnati 87c 7-31 Ltd. Ltd., Dominion Woolens & Worsteds, (quar.) preferred $4.50 Fabrics, Co., Co., Dryden Paper, (series Cotton Cincinnati Clinton Dominion 90c Corp. Corp. Chickasha 5% 7 (Texas)— of Virginia., Chesapeake & Ohio Ry., 3'A 7c pfd. Class 7- Dominion Corp., common preferred (quar.) Bank preferred Chesapeake City 7-31 $1 West convertible National 4% Coal 25c 8 Dominion Steel & Coal Corp., Ltd.— Investment Cherry-Burrell Corp.— 4% preferred (series 4% Bridge Dominion Corp.— (quar.) South & Store 47c Dominion 7 15c . . & preferred Central Chase 7-20 7- 1 8 9- 7-251 8- 7-18 25c _ 8-10 25c (monthly) com. — Power 57c 9- 1 7-31 15c (monthly). common Anglo Investment, Ltd.— preferred (quar.)_ 15c (quar.) Light & Power Co.— preferred (quar.) 3.607c 4% 7-20 2 & 7-31 Ohio Central Chain 8-10 Common Dominion 25c & Gas 8-21 9-25 10- 8- 8-15 87'Ac 25c Fields, imonthly) (monthly) 87'Ac 9-28 I17'4c iquar.) Ltd Oil 50c Co. (monthly) Hudson Mines* 150c Co Building, Common Increased 8-21 8-31 50c (monthly) Central Dominguez 25c Gas Common Central Dome 9-12 25c . 62'Ac Dodge Mfg. Corp. 9-12 1 $1.05 (quar.) (quar.) Co.. Ltd Central 7-31 1 8-31 37'Ac iquar.) common iquar.) 10- |20c (quar.) common Knitting Co., A 10- :i2'/2C quar.) common preferred Cup Class Common quar.) (initial Corp., 8-18 Dixie 75c Ltd.—- Products, Celotex 8-25 $1.75 common (quar.) A New 8-25 9-11 10% Co., preferred 9-11 $1 Co., Extra 11-10 11-10 8-15 7-31 ' Carpenter 11-25 11-25 50c Genesee 1 9-18 62'Ac 5.107o 7-24 8- 7-17 6-16 $1 preferred preferred 7-31 8- 1 7-25 ijuar.) General 57c 8- 10-2 Corp., common... preferred iquar.) General (ouar.) 1 6-28 60c (s-a) Shoe 7-14 preference C (increased quar.) (quar.) Refractories 1 1 $1.25 Public Utilities General 7-26 7-20 10- 15c Service, General 8- (quar.) Shares General Corp. 8 9c A Paint $4 8- 15c (quar.) 8- Co., Ltd. 1 10-15 $1.06'A (quar.) Outdoor 8-18 $2 Construction preferred preferred General 1 8-18 7-14 (quar.) 1 1 7-20 8- Motors Corp.— $3.75 $5 Inc. 9- 9- 1 7-31 il Co 9- Y of N. Corp. $3.50 75c $1 8- 62'Ac (quar.). 25c Corp., com. preferred (quar.) 75c Trust Investment 8-14 7-20 (s-a) preferred Foods General participating preferred (s-a) common (increased) preferred (quar.) Disher Steel Ltd. Company Dictaphone Corp., Discount meeting of stockholders.) Canadian Western Lumber Co., (quar.) 47c convertible General preferred 1 1 1 37'Ac (quar.) (quar.) 57c Diocesan preferred A preferred 8- 12- 98- $2 67c 8-15 12-20 15c 60c preferred 7-10 8-21 (Texas) 67c 7-25 7-14 9-11 :$1 (quar.) preferred 1 25c (s-a) 47c Advertising (quar.) iquar.) 6 7c 2 57c 4 7c General General 1 12-18 1 8- Corp.— 7-24 1 9-13 1-2-51 12'Ac Co 8-15 8-15 1 2 (quar.) Mills, 50c Match preferred General preferred Detroit River Tunnel $8 8-18 6c A (quar.) American Transportation Corp.— preferred series A (quar.) General Baking Co.,'common 2 8- 7-20 8- 10- 30c preferred Industries 9- 7-20 2'Ac $4.25 General $2 1 1007c 3 10- 8- General Finance 75c Co 25c dividend General 9- 7-1$, 7-1-1. 30c Oil Electric 30c (quar.) Manulacturing Detroit-Michigan Stove Co. Diamond Stock General 15c & 8-15 American « 37'Ac (quar.) stock (quar.) Stock 7-28 57c General 7-22 7-31 7-31 $1 Co., 6 12c 6-30 1 $1.50 9- (quar.)—; A 1 (quar.) 12- 7-11 8- 25c (quar.) of Canada, Ltd., 47c pfd. Company, common iquar.) preferred A (quar.) & 9-18 1 7-22, (quar.) 12-18 8- 1 2'Ac 50c $1.25 8- (quar.) Gamble-Skogmo, 5 10-20 :i2'Ac & Company (irregular) preferred 9-30 50c 1 6% 9- 9-1$ 7-20 6-30 (quar.)__ Gair Co. Gale 9-30 7-28 1-24 B.) preferred 7-15 9-15, 15c 55c Company, 57c preferred (Robert) Co., Inc.— 8-14 Holders 2 T50c Common 1 (quar.) preferred common 9- 7- 4% ——_ com. Gabriel 6% 10- :$1,12'A Malting, A 47 Payable of Ree. 37'Ac (quar.) class 50c class 8-15 8- (D. Common 9- ' 1 common Gasket AA Fuller 8-15 $1.12 A tquar.) Co., common class A Union Deposited 7-18 $1.75 Ltd Mines, Voting 6-22 1 17'AC Co., Dennison Mfg. :70c 3 $2 (quar.) 8- 8-10 Co., (quar.) preferred (quar.) (quar.) & Gardner-Denver Delaware Power & Light Co. 8-22 :$1 Paper A 88- Grain Brush, $1 tquar.) iquar.) 120c 125c A Light, Leather Dayton Rubber Co., class 8-11 10c Davenport Water, 57c $2 8-11 1 preferred $1.05 preferred (quar.) 8- 1 9- 150c (quar. )„ (quar.) 9-15 8- 9- 6 Co. 4'A7c 7- B 7- 7-29 Corp. preferred Class Galr (extra) 7-31 Class 7-25 8-15 receipts (quar.) Clothing, Davis 7-18 :37'/2c common™ deposit preferred 9-30 :15c f$1.50 1 9c (quar.) 87c $2.50 1 8- 90c (quar.) Semi-annual Curlee $2.20 IOC preferred Culver Corp., Froedtert :25c 2nd 7-14 8- 8-14 8-14 :$i.25 Ltd., Ltd. $4 1 Forster, 4'A% 1 1 Fuller (s-a) Seal, preferred 8-21 9- 57c Ltd. 7-24 & 1 Stores 9- (N. Y.— (irreg.) A prior pfd. (quar.) Companies, Ltd., common.. (A. J.), Ltd., common (quar.) 25c (final) Craig Bit Co., $4.20 9- Franklin When Share 6% Corp., Freiman (quar.) common Co., 8-15 8- Class & Fraser 4 $1 American 7-15 7-15 7-15 :25c Carpenter Courtauld's, 1 1 1 t$1.25 Power 8 8- 57e preference payments 8 9- (quar.) 1 1 :25c (quar.) Utilities, Ltd., 5% pfd. (quar.)— Vickers, Ltd., new com. (initial). Canadian Wallpaper,Manufacturers, Ltd.— Carolina Paper Box preferred 8- 8- Canadian annual 9- 2 8-21 75c Co., com. Refining, 8- Co.— Ry. non-c\im. Ltd. Fund, Cos., Lid. 2 10- (quar.) Investors class 8- 8- Canadian (Both Products 57c Per Name of Company Foster-Wheeler 10- 75c common Exchange Bank Trust Co. 7-14 1 l$1.12Vi (quar.)— 16c (quar.) Investment Canadian preferred 8 7c" debenture (quar.) preference Canadian Varnish & prior Corn 7-28 75c Paint $3 6-30 131c common (quar.) & A Cook Holders 8-21 $1.13 preferred (quar.) Corp. of America, preferred (quar.) 47c When Payable of Rec. $1.12'A (quar.) $4.52 1 8- 8- 150c (quar.) (quar.) class preferred 50c (quar.) common Container 7-28 +$1.25 Ltd., preferred Car Co., f20c i Ltd Power Ry. Breweries, Share Curtiss-Wright Corp.— '' Stone, Canadian Canadian $4.50 Power 12Vic Canada 4% 12- 4 30c (quar.) (s-a > Canada $1 1 35c quar.) preferred (s-ai 5% 8-11 Refrigerating & Warehouse— Common 5% 7 Company Quarterly <s-a) M.) Company, preferred (quar.) iA. 7% 7- 10- 7 Hosiery Co., Ltd.— Butterii) Per Name of Payable of Rec. Ltd.— Company, (327) ■— , Y.), common — 62Ac $1.50 50c $1.25 7- 1 l1 7-20 8-i5 7-29 8- 8-15 7-29 1 7-12 9- 1 8~14 8- 48 The Commercial and Financial Chronicle (328) When Per Home (Joseph) Houston $4 Sound Howe — 4%% Co., (quar.) Brick (quar.) Illinois Power non-cun. preferred Indiana Co. Group shares and Bond Group Stock Interchemical 4%% Corp., preferred Nickel of 6-30 4'A% 7-25 Macassa 1 7-15 Macco convertible (quar.)___ International Intertype Utilities Canada, 6% Co. Investors Trust 8- 1 7-20 Macoil 8- 1 7-20 Macy (R. H.) y- 1 8- 7 preferred Participating preferred Participating Iowa 414% Jantzen 5% 4% 7-10 7-10 Maltine 8- 1 6-20 Mar-Tex 6-21 Massachusetts 1 7-15 Massawlppi Valley RR. Maul Macotta Corp 8- 1 7- 8- 1 7-14 $3.75 8- 1 7-14 $3.75 9- 7 Lh 7-31 9-15 Melville 8- 1 1-19 8- 1 7-19 11- 1 10-19 1 10-19 1 7-15 8-31 8-25 1 7-15 4%% $1 8- 1 7-10 $1 7-30 6-20 8- 7-18 8- - preferred pfd. (quar i__ 933'4C (quar 1 Middle $1 Light 8- 1 7-11 Midland 2 (\r 10- 7 9-30 Midwest 8- 7 8-15 8- 7 95c 9- 1 8-15 Miller $1 9- 1 8-15 4%% Co.— preferred $5.50 9- 9 Minnesota 1 9-20 1-2-51 12-20 4-1-51 3-20 5% 8-25 8-15 Mitchell La Salle the $1 & (Brooklyn, N. (James) & Gold Salt preferred 9-15 7-14 8-10 7-28 7-31 7-17 Life 1 7-14 10-10 0-30 Mount 1-10-51 12-27 8- 8-15 Paper (G. C.) Co., Chemical 9- 1 8- 1 Mutual 9- 1 8- 1 6% preferred preferred Co. 5% of Narrangansett Electric, 4%% 11-15 11- 4 Nathan Straus-Duparquet, 1 7-14 National 9-15 8-25 National 8-15 8- National Biscuit 8- 1 7-14* 1 7% Co., City 8-15 7-31 National Distillers 7-20 National Electric $1.12% . 1 9-15 8-15 tl5c 7-31 6-30 45c 9-15 9- fort Products Gas & Oil Class 8- 1 7-24 1 10-24 National Lead 8- 1 7-12 National Mallinson 7-12 National Starch National Tank 8- 1 t$4 8- 3 Ltd. 7-11 $1 9- 1 8- 25c (quar.) 9- 1 8-15 87 %c 9- 1 7-25 4 8-15 7-11 A National Tea 4(4% (quar.) (quar.) 50c 9- 9 8-22 50c _ 12- 9 11-21 50c 3-10-51 original stock original stock original stock $1.10 $1.10 9- 12- 9 2-20 8-22 9 11-21 $1.00 3-10-51 2-20 Pipe Company National Tile 33c 2-15-51 2- 8- 1 . -7-14 +75c 8-15 12-15 & Penman's, amounts mates of Stock 7-17 34%c 9- 1 8-25 7-27 7- 8- 8 8- 1 Permutit 12%c 7-29 7- 7 Pfeiffer $6 1 8-10 plus 8-10 Philadelphia 7-11 $4.50 1st preferred 1st preferred 7-20 $4.50 8-16 $4 non-cum. non-cum. 9-28 9-21 12-28 12-21 Philadelphia below 8-10 1 Nestle-Le 1 7-21 8- 1 7-17 Newberry 10c 8- 1 7-17 334% New 8 8-31 8- 8 20c 8- 1 7-14 45c 8- 1 7-14 50c 8- 1 7-11* 8- 1 7-22 11-1 10-20 9-11 8-25 Mur are 10- 1 1-2-51 $1.50 917 1 ' 8- 1 7-14 8- 20c 1 7-18 ' (J. J.) & 11.12% (quar.) $1 4c 8-15 7-31 6c 8-15 7-*>l-«s. 4c 8-15 7-31 6c 8-15 7-31 (quar.) pld. (quar.) pfd. (quar.)__ 25c 8-15 8- 1 $1.06(4 8-15 8- 1 $1.18% 8- 1 7-14 quar.) 1_ 8-15 8- 1 8- 1 7-15 1-1-51 12-18 8-1 7-10 Coal & Co 1 7-10 8- 1 7-10 35c 8- 1 7-15 97 %c Iron 8- $1.10 (initial quar.) 8- 1 7-17 7-20® Brewing Co., $2.5o pfd. Company (quar.) Porcupine Reef Gold Mines, Ltd, (quar.)_ 62 %c 8- 1 7- 5% Pittsburgh Edison, 4.70% 3.60% preferred Pressed Metals B of 25c Price & Co. Co. of of took dividend at Redeemab'e Oats 7-24* 8- 8- 1 7-14 $1.06'A 9- 1 8-15 Power Milk (quar.) held (quar.) on (J. Co. M.) preferred Light Shares, Inc. preferred Purina Electrotype 7 1 8- 7 20c $1.50 8- 1 8-31 8- 8-15 A (quar.) 5 7-14 8- 1 7-31 8- 1 8-25 7-15 $15c 8- 7-22 1 Co.— 56'AC Co. (Del.) 7-31 7-15 8- 7-24 — 30c (quar.)__ (quar.) 7-21 $25c cl. <quar.)_ Securities iquar.) 8-15 $2c Company, 33i% Company 8-15 8- 9- 12c (quar.) Ralston 1 1 27.) (quar.) iquar.). Grocery 99- $87 %c preferred Ltd., 45c common June on (quar.) Products, 1 $1.16 action no 6% Co., 7-10 87 %c com. •-QlI£bec Gold Mining Corp Rapid 1 8-15 35C Indiana, meeting pref. Distribution Common 8- 8-15 (quar.i— & 7-10 65c (quar.) Co. preferred 4%% 8-10 11-10 1 t40c quar.) 4,(54% Railway 1 1 8- s-a) (quar.) Quebec 9- 12- Colorado— preferred Quinte 1 +$2 (quar.) (increased (initial preferred Service Quarterly 7-12 (s-a) common 3%% Quaker 7-12 1 t$l Gamble Transport common 4»/4 % 1 8- 25c Ltd., Service Public 8- r ^%xtra Provincial 8- 25c Brothers. Procter 1 90c (quar.) 7-10 9- $1.17% pfd. (quar.) America 7 7-25 *2c Quarterly Randall 933/4c 9-18 $1.07% (quar.) Corp., 4 'Jo 10c 1 $1 ..Pittston Radford Co. 9-18 12-18 10- Co.— preferred (Directors 7-31 1 1-1-51 95c (quar.) ...Pugyt Sound Power & Light Co. Purity'Flour Mills, Ltd.— 7-31 7-31 10- 1 8-16 8-15 8-10 1 9- 8-15 8-16 1 8- New . 8 9- 8- Public 7-31 9- 7 $1 8 8-15 8-11 $1.25 7-14 « 1 (quar.)_ 8- 1 9- 7-21 preferred 7-31 lie Company (quar.) Reading preferred Philips-Jones 8-25 Company— preferred 4% 33%c esti- series (initial Morris "3.90% • Potomac 60c shares common Philip 7-20 9- Co.— 1 9- 7-15 9-15 $1.12% preferred 8- 10-13 «■. 8-31 7-31 1 Inc., (quar.) 9- 40c 11c Brothers, Inc., 4%% 8- 2nd Electric & 7-14 8- 50c Co., preferred 7-14 equipment shares $1 2nd preferred Phijadelph'a 1 9-15 re¬ :: Products 1 (quar.) Railroad 15c 3.80% 3 8- $1.06'A share (quar.) 1 distributions. Vulcanized Fibre for per (quar.) dividend Dairy 8- shares National $110 8-31 $15c Railroad trade at 31 7-31 1 8c groups July on 8- 9-12 25c preferred (s-a) preference.—Entire issue called 9- 1 50c quar.) non-cum. '»■ 25c 9-12 10- Co.— (initial common this 1 30c (quar.) -8-31 ■— 7-10 10- 25c (quar.) demption 7-14 45c $1 Co. 25c series Neisner 9-22 4 9- 7-25 3 40c (resumed) (quar.) (quar.) shown $1 12-22 8- 9-15 7-10 ; 2 7 8-15 $15c (quar.) (quar.) Co. Phelps Dodge Corp. Philadelphia Company 7 7- 5% 1 37%c Neiman-Marcus Co., 4(4% 10- 7- 7-15 8- 7-24 7-21 1-1-51 1 8-* * 10c 9-20 $1 8- Co. pfd. Co. Gear Cement 7-31 8 7- 25c Mfg. & Brewing New - Salt Machine 1 8- 7-17 $1.25 preferred (quar.) Pennsylvania Power Co., Peikins 90c 15c Corp., com. (quar.) 5% 8-15 5c (Phila.), $5 preferred- (s-a) Glass Sand Pennsylvania 7-12 1 Co. Co. f$1.50 : (quar.) series Selected (quar.)_ 1 4 such Balanced series Preferred stock preferred 8- • (quar.) common Traffic 4 Co. Ltd., (quar.) Investment 8- Mfg. preferred Pennsylvania - .... 8- 8-21 $1.32 8-15 7-31 ... 7-14 8-15 9-30 Extra 4 8rl .. 53%c 8-31 (quar.) 5 11- 47%c $1 (quar.) Theatres 8- 11-15 (quar.) $1 preferred (quar.) preferred (quar.) 8-15 33c Quarterly common $1 - Common 33c (quar.) (quar.) 1 Common (quar.) preferred National Trust Funds— Retail Common Co., preferred preferred 3.80% The Railroad— (quar.) 8 preferred preferred (quar.) 9-15 12-18 8-15 $1.32 preferred pfd. B 10- $1.32 4.30% Fabrics 1 1-2-51 7-18 4.40% (quar.) Corp. (resumed) Products, Inc. Co. 62 %c (quar.) 1 7-20 Penn tl5c Co., 6% 7-26 9- 1 8- 7-15 (quar.) 7-26 8-15 —8" i' 7-15 Corp 8-15 8 1 Corp. 9-14 4 Penn „ 7-29 7-14 25c 7-31 (quar.) 1 1 62 %C 8- (quar.) 9- 8-1 5c Co common 15c National Hosiery Mills, Ltd. Class A (quar.) 11- Wheel 56(4c (quar.) Welding Machine— 50c 87 ViC Co. 31'Ac 25c . (New Hampshire)— 8- 75c Y.) 7 2- 10c Mfg. 7-29 1 11- $1.75 (N. Co. quar.)__ Quarterly Quarterly National 1 & Bank 7-20 9- 11-15 5c Chemical National (quar.) 7- 10c 2-15-51 7-17 50c 7-17 25C 7-17 (quar.) 4 7-31 8-10 25c 11-10 (quar.) 8- 45c (quar.) 5c National 8- Inc. common 75C (quar.) 1 (quar.) 9-15 (quar.) 54 preferred (quar.)_ 7-10 25c Lockwood-Dutchess Inc. Automotive Fibres, Battery Co 8- 1 10c (quar.)__ pfd. Inc (quar.) preferred 37%c (increased 8-31 10- preferred $1.50 Mutual Investment Fund 7-15 preferred $1.50 7-21 7-25 9-15 $1 America— 8- 5 7-17 $1 lc (quar.)— 1 6-30 50c pfd. 7-15 8- $1 „ (increased) Telephone, Common 75c (quar.) 7-20 7-25 5c 1. (increased) 8-15 7-24 35c (quar.) 9-10 Corp.— Corp.—. 8- (quar.) 1st 7-31 7-14 (quar.).. Special stock (quar.) 2 Co.— — 8- (quar.) Line Ltd Grinding -$U.O $1.12% 7-15 10- 8-15 30c - Co. Cement Extra Peninsular 1 32 %C Tilford, & 1 8- 20c Peninsular 7-26 7-15 8- -*"7-25 40c (quar.) 8-15 1 (accum.) Peerless 7-14 $6 (quar.) (quar.) 3 Co 7-20 7-20 1 8- $1.50 (quar.) Company 8- Brothers Boston Munising (quar.) Quarterly 7-31 $1 7 7-20 25c Co., common prior preferred conv. 7-14 7- 1 75c Coal 5% 8-15 7-29 8- $1.25 Co Distillers Peerless Casualty 7-20 7-14 Co.— Pipe Company, -7.-31 -■ $1.06(4 le 30c Special stock 9-11 7-12 7-12 $1.25 (quar.) (quar.) preferred (quar.) Permanente Mills, Ltd. SOC preferred 7-11 1 7-31 Eastern Peabody c 1 (quar.) (quar.)_ preferred Company t$ 1.75 $2c Insurance • 8- Extra 8- quar.) ■ 10- 20% $2 pfd. (quar.) Company (quar.) Carbonic Corp., common 8pecial stock Corp. 96'Ac Link-Belt Little Miami 7-31 1st preferred Patican 25c 37%c pfd. pfd. preferred 5% Mount Royal Rice 40C & Co., $1.30 * 1 1 8-15 $$1.75 (quar.) Service Formerly Park Parke, Davis & dividend Diablo i. iqi Co., common preferred (quar.) preferred 7-14 62%c (accumi._ pld Quarterly Quarterly Printing (C. W.) 7-31 $1.50 50c (quar.) Ltd.. (initial Cement *->uc 8- 8- 50c Corp. Public 56(40 Products 25c 50c Lighting Portland Pacific 4 1 7-15 50c (quar.) Pacific 8- 8- 7-31 Express Co.— Pacific %R-15 8-1G 1 8-15 32 %C Intermountain 1 (John) & Company (Philip) (see Philip Morris & Co.) Morris Plan Corp. of America, com. (quar.) $2.25 preferred'A (quar.) Motor preferred (quar.) pfd. sinking fund series Tilford 7-14 8- California— of 7-20 8- 7-20 7-29 50c 9-15 Morris 20c Corp. $1.20 common 1 8-15 *75c : ; 1 $1.25 5%% Co., 9- $1.25 7-15 (quar.) Morrell 1 Co 6 8-15 $1.37% $1 (quar.) National Lock Joint 2 8- 56'Ac Brothers, Ltd., common Lily-Tulip Cup Corp.— New common 5% Pacific $1 30c Corp., 4%% Co. (quar Works 3.85% 7-31 7-21 7-24 25C Lewis 3,/2% 10- Elevator 5% 1 '7-24 (quar.) participating 6% preferred 8-15 8- 8-10 29c Corp. Finance 7-21 8-15 (quar.) Murphy ___ Dye Pacific 8*v4 » Company, Ltd.— Society, Power 9-30 59%c Company 7% Moody's Investors Service— $1.75 Ltd.— (quar.) 6% Mines, Lerner Stores Loan preferred $3 Inc.— Sons, Company, Liquid $6 8-10 Y.) (quar.) Tire Outlet 8- t50c 140C Bleachery & Lindsay Monroe 1 25c Rubber Otis 1 9- • 4 1 (quar.) preferred Stock (quar.) Lansing Company 4 4 8- 8- & (Robert) 4.80% 9- 31V4c (quar.) Co. 8- 8- 10- Morrison-Knudsen, (quar.) Bryant, Inc., 4%% $3.50 12-20 10c Quarterly Lincoln 12-28 1?% 50C Laboratories, 1 Park & Semi-annual $1.50 ... .... Milling Co., 1 9~ ^ 8-15 prior 7-27 $1.12% A Steel •*- 9- 25c $1.60 1 8-24 1 50c common class A iquar.) Products, Ltd., common preferred (quar.) Ontario 30c Paper 8- 2 9- 62 %c common Co., (quar.) 4%% pfd. (quar.) Filters, Inc., class B 7-15 common Monongahela Power, 4.50% pfd. 4.40% preferred (quar.)___ 75c (quar.) Bank Woods preferred Lincoln 8-10 9-20 Corp., Power preferred 10c Machine Legare 1 9-28 University- National preferred Lanett 9- 8-22 Maid Gas preferred 1 Light, $6 pfd. (quar.)_ Mississippi Valley Public Service, com. (quar.) IOC Common $1.16 9-12 Ontario & Mississippi Montana Semi-annual Landis 7-11 aOC Quarterly Lakeside 7-14 1 Co.— preferred Extension of 7-14 7-31 $1.12% Quarterly Lafayette 7-31 8- 50c — Corp Mfg. 10- $1 50 — Kroger Company, common (quar.) 6% 1st preferred (quar.) 7% 2nd preferred (quar.). L'Aiglon Apparel Inc. (quar.)— conv. preferred 7-14 Electric, convertible $2 1 (quar.) 1st 1 343«c .. iquar.) Telephone United 8- 7-12 37%c preferred 9-20 20c (quar.i (quar.) 4%% Crosse Oliver ' (quar.) Co., 2nd 15c (quar.) . pfd. & Company (quar.i Mfg., preferred A (quar.) Plant-Choate 7-17 1 $1.183A Minneapolis-Moline 37 %c (S. H.) La 1 9- 8-1 2i5c 5 8- 37 %c preferred La '8- 56'Au (quar.) $1.50 8-15 10- 50c (quar.) Corporation, 4%% 8- (quar.)_ com. 5 7-10 7-15 *25c Common (quar.) 7- $1 (quar.) A Oliver Panhandle Ltd. .(s-ai 7- 1 37 %c Company 7-l<J 10c 7-31 8- 10c .... (quar.) Works, 6% 12-19 $2.50 & Minute preferred 1-2-51 $1.22% 7-31 15c $1.25 7-10 7-29 9-20 1 4-2-51 $1.10 Rhoads, 4(4% preferred (quar.) & Schuylkill Haven RR. Co. (s-a) Minneapolis Gas Co 79 %c . (quar.) (quar.) S.) preferred 1 8- 8-2) Inc. common 1 8- 25c & 11-20 _ Reclaiming, (quar.) Shoes, Inc., 10- 33 %C 9-15 8-31 Mine Hill Miles 3 9-15 11-30 preferred 8-15 7 11- 2 $1.12% Corp., 8- 11-10 2 4% Grain 7-17 7-17 10- $1.12% (liquidating) Pacific Rubber 4%% 5c 20c — (auar.)— preferred preferred Water <te 1 1 9-11 593/ac Packard-Bell Company Laundries, 88- 10- Natural Co., Corp. 7-14 $1.10 $25 (quar.) West 1 97 %C Gas $1 preferred 4.90% Mid-Continent 8- $$1.75 (quar.)_. common 10c (quar.) 7-14 (quar.) 40% preferred 7-13 1 (quar.) Common preferred (quar.) preferred (quar.)__ 4.40% (initial) Ohio Leather Co Michigan Gas & Electric Light— (quar.) Company Oklahoma * semi-annual & 7-14 7-31 preferred 9-18 Co. Company Stern 7-24 8- preferred 7-10 $1.75 (quar.)— Insurance dividend 4%% 8- 20c t25c Edison 1 8- Merritt-Chapman & Scott Corp.— Increased 1 3.90% 10- 2 25c Michaels 4%% 6%% Manufacturers (s-a) $1.25 & Ohio 7-14 45c Michigan Central RR. (s-a) Kroehler Leslie & Y.) 7- 7 20c 7-15 50c Shoe 7-14 (S. Leitch (quar.) Merchants 8-15 Co. (quar.) 1 40c Corp. (quar.) Stores, 7% preferred (N. Co. 1 $1.06'A 7-31 pfd. Company— Kresge Loew's 10-16 2nd preferred 62 %C $1.37% 8% 4% Shoe 8- t50Ytc 37%c (quar.) Corp., common 4(4% preferred (quar.) tqua».i._ Kokomo 8% Mead 1 9- 9-15 Stock (quar.) Knudsen Creamery Co., 60c preferred Kobacker Stores, com. (quar.) . 8-11* 9-15 Meyercord preferred $1.50 $4.30 1 Ltd. 15c & 75c (quar.) 8-15 City Power $1.50 #4.30 9- Co. 7-12 8- 4.40% (quar.) Electric Mercantile • $1.50 $4.30 McLellan Stores Co. Island- — Kingsburg Cotton Oil Lit Mines, 7-14 $75c __ ... Lees 7- Mclntyre Porcupine preferred (quar.), Kellogg Switchboard <Si oupp./ 5% preferred (quar.) Keyes Fibre, $3 class A (initial) Kingan & Co., 4% preferred (quar.). Lee 1 9 8-10 8-15 50c 50c 1 8- 35c Insurance Company— preferred series A conv. 50c 8- 10-16 Life Oklahoma 8- 8 20c Minn. 8- $2.50 7%c 25c National 7-14 8-15 t t83/«c 8 9- 8 60c 7-15 (quar.) (quar.) Common 9- 37 %c (quar.) 1 Common 8 1 50c (s-a) 1 50ov 5uc 4.50% (Bait.)— (s-a) Aircraft 9- 10- $1.50 common Gas 8- (quar.) preferred t40c Corp., 8- Common (quar.) Company 9- 10c Works 75c McDonnell & 1 1 (Hartford)— Company 4%% preferred A ( quar.) Ogilvie Flour Mills, Ltd., com. 7% preferred (quar.) 7-14 Corporation 7-21 1010- Pharmacal Nurm-Bush 1 7-20 25c Quarterly Norwich Oberman 9- 1 8-15 Northwestern State Portland Cement Co.— 8-15 85c (quar.) B McGraw Co. $15c h. (quar.) class A 8- 1 25c (quar.) (interim) preferred Liberties 8-15 8-18 3 Illinois conv. 9- 1 9 4% Lane Ltd., 8-15 3.80% 7% Co., 7-21 75c (quar.) of New Hampshire (quar.) Engineering Co. (quar.) 9- 8-15 3 Oil Insurance Minneapolis, 8-i5 9- 7- preferred Engineering 1 1 $1 (quar.) Extra Lake Grain 1 $1.12% (quar.) common 50c 8-31 1 1949) tlOc McCabe 8- Ry., Texas Northwestern 7- 9- 8- 25c irl.50 7-17 1 (series - OPAc (quar.) $3.40 preferred (quar.) Maytag Company, $3 preference 17 %c 3%% 6-30 7-27 8-15 933Ac RR. Northern 7-15 8- McCormick preferred, series A (quar Johnson Oil Refining (quar.) K W Battery Co. (quar.)——' 5% series) 8-30 - Central 1 $1.12% (quar.) Western 75c 933Ac (quar.) (1947 1 Company, 7-25 McCall 2nd Kirsch (quar.) common 6-30 t$1.75 (Del.), com. & 11-1? $3 9 Class & 7-18 8- 9- Corp.— Extra 4 5c May Department Stores, preferred preferred 7-31 12- 1 37c Trust 7-31 & Johnson— Kansas 6c (s-a) 1 Tea Kress Investors 9- Johnson 4% 50c common 7-31 7-15 8- Gas (quar.) preferred Northern (quar.) 8- 17 Vat Jersey Farm Baking, 4% Jewel Co. Realization, 7-31 8-15 & 7-28 8-15 42 %c preferred Northern i Co. Electric (quar.) Northern 7-10 $$1.25 Mailman Corporation, Ltd. 5% preferred (quar.) 7-10 Field & State Reduced 7-24 25c 1 1 (s-a) Merchandising Co., Inc.— Northeastern 7-24 1 8- Co. 15c 10c (quar.) (resumed) " 8-15 7-31 7-31 $1.06'A (quar.) 1 8- 7-14 1 9-15 8- Insurance adjustment -North Co. Co 25c 50c interest Land Arizona Brake preferred Norfolk $1.06'4 $3c Holders 50c beneficial of <fc Common Northwest 8- 11- Power 4(4% 10c 9- preferred 7-25 10c 30c Central Jersey 8-15 7-20 preferred Jantzen $4.50 (quar.)____ Knitting Mills, common (quar.). A (quar.) —_ Knitting Mills of Canada. Ltd Jacobs 33A% 7-20 (quar.)__ Utilities 1 7-25 (quar.) preferred series A 5% common— preferred (quar.) (F. L.) Company, 5% 8- „ " & Co.— 41 %c Southern 5%% 8-15 8-15 1 (quar.) $2.50 York 1 1 -- Rhode of Corporation Corporation 8- 25c $2.50 York New 1 8- 8-15 8-15 8- (quar.) Corp. convertible preference New 8- 8-15 8-31 8- (quar.)_. Ltd., Fire 30c (quar.) Corp. Investment Foundation, York $1.12% (quai.y (quar.) preferred Air dividend Mines, Ltd 25c 7% preferred ($5 par) (quar.) International Resistance Co.— 6% York 4% 8- 175c par) New 15c (quar.)— annual $1 a 17c (accuin.t Ltd Co. ($ IOC on 5c ... preferred now 3c (s-a) shares Quarterly 7% Inc. quar.) County Gas & Electric— preferred (quar.) 8-21 International Business Machines Corp.— International 7-17 2'/2c 50c 25c quar.) — 15c — common Holdings, Mexico 8- 1 When Payable of Rec. England Fund— Certificates $2.50 (initial Sons & 25c --- (quar.)— International New New (s-a) Corp. (increased Co. 50c — — preferred Ltd.— Shares, Insurance 1 8- Luzerne Marshall (quar.)__. — 6%% Silica, Institutional (Marcus) stock 3-20 Ry.— Extra This 12-20 $1.50 (quar.)— 10- 1 1-2-51 4-1-51 $4 preferred tuc — Industrial 6-30 Louis St. $25c — Corp. Extra 1 8- 55c Co Products Brownhoist Industrial 9-30 12-20 pfd. $6 20c (quar.) (quar.)__ Steel .2a 12-30 & Factors Steel $J ,j Imperial Tobacco Co. ol Canada. Liu 4% preferred (quar.) Incorporated Investors Indiana Associated Telephone Corp.— $2 Lowenstein Lukens 5c (quar.)— common RR. 1 1 IOC (initial) Terminal 8- 0 20 Light, 55c Co., preferred 4.08% Illinois Adams 9- t & New Share of Company 62 %c 62l/2c 62 %c (quar.)— pfd. (s-a) non-cum — . 6% 5% $1 — —_— (quar.) RR., Common Lowell 8-15 45C - Central 7-20 t25c — Extra Illinois 8-29 b-11 1 5% Per Name 9-20 basis. common Co. 9-11 8- {25c (s-a) preferred 4% Illinois Henderson y-ll $1.25 (increased) Co., Louisville 9-13 $ preferred (quar.) 5% preferred (quar.) Hydro-Electric Securities Corp.— B 8-29 50c 5% Power Power 56'AC . Co. (quar.) Monday, July 24, 1950 . Holders Payable of Rec. Share (quar.) Louisiana r&l . Dock & preferred preferred 7-15 30c 1.1 Coal 5% 9-11 56 %c (quar.) Bay Mining & Smelting Cj., Refrigerator Co., common tqu Preferred Lorain of Company 1 8- 50c — $2.25 preferred (quar.) Huttig Sash & Door Co., common Idaho 7-10 $1 common Name 5% Hussmann Common 1 7-26 Co.— (quar.) preferred Hudson 8- Corp. Lighting & Power preferred 25c 25c Company Houdaille-Hershey 7-24 When Per Holders Payable of Rec. Share Name of Company . . 1 50c pfd. (quar.) 8- 1 7-24 933Ac 10- 1 9- 37 %c 8- 1 7-20 25c 9-15 9- 1 1 Number 4927 Volume 172 . Per Navie When Payable Co., (C. 7-28 7-28 2 9-12 8-10 7-13 10- preferred Fire 9- 1 7- 7 Standard Fuel 9- 1 7- 7 Standard Gas 8- 1 7-15 (quar.)— B class 25c 8- 1 7-21 50c 8- 1 7-21 (quar.) 12V2C Co 7-27 7- $7 prior preferred (accum.) $1.75 7-25 6-30 Power Light 8-15 11-15 Stainey 7-15 Class 7-31 7-20 Stanley Corp. Stecher-Traung preferred 7% Inc., $5 (quar.; $1.25 9-29 9-15 d referred (auar.) $1.25 12-29 12-15 10- 2 9-15 Steel 8- 1 7-13 Stein 8- 1 7-15 Sterchi H Stott 7-25 Strawbndge & conv. pfd. Clothier 7-15 Stroock & Co. Struthers 1 10- 1 9-13 10- 1 9-13 8- 1 7-20 Stubnitz-Ureen 8- 1 7-20 Suburban 1 7-15 8- 1 7-15 8- 1 7- 1 $1.02'/a 9- 1 8-15 9- 1 12-10 12- S. 2nd prelerred .quar.i preferred (quar.)_: Flour Mills, Ltd., preferred - (quar.) 5% conv. & Class nrefpf^d 7- 4 (quar.)_— 1 A vtc (quar.)_— Insurance Co.— $1.25 12-15 vtc on 5% 5% preferred 5% preferred ——r— — preferred 5% 8-31 —_ — —_ 1 7-18 $1 8- 1 8- 1 8-15 7-17* 99- 1 1 8-14 8- 1 t25c 9- 1 9- 1 $1.25 12- 10- 1 1 7- if- 8- 1 7-18 f 30c 8-25 t50c 10- 10- 2 2 7-15 9- 9- 2 2 (s-a)_ 127 '/2c 8-15 7-31 Manufacturing, new com. (initial)— Sheraton Corp. of America (increased ) Sherwin-Williams Co. of Canada, Ltd.— 25c 9-12 A 5% Lindsay Sierra Pacific 6% class Slater Oil 'N.t (quar.)_ —__— . —; . Ltd., Company, Steel Common common at & called per share plus Indiana 7-31 7-12 8-15 7-15 7-31 7-13 8- 1 7-10 9-20 9-11 12-20 8- 1 12-11 7- 3 7-29 8-31 8-15 Gas Co., & (initial) common... ; Temper $4 ><i- if s. 7-15 10- 7- 1 1 8-1 7- 9-15 8- 1 8- 1 10- 2 AC $1.06'A (quar.) 25c iqua;:.; 8-15 10- 2 9- 8 Missouri— $1.12'A 8-15 uas Oil $1 8-15 7-20 California of United Aircraft Chemicals, Inc. Unned Cigar-Whelan $3.50 5% Corp., preferred Class Drill United 1 7-15 being placed 9- 1 8- 1 7-20 preferred (quar.) (quar.) 97'Ac 8- 1 $1.033A 8- 1 4.15% preferred 4.40% (quar.) preferred (initial quar.) - (quar.) which were old class 6% A Gas United Shirt U (J S. U Fire S. rate S. Co. Distributors, Industrial S & Pipe 8- 1 Co. of 10c 8- 1 t75c 2 9- 35 c 9-30 Y.( 9-30 25 c (quar.)_ 8- 60c (resumed) 7-24 60c 8- 1 1 8 —V. Specialty $1.50 Leaf : Co., pfd. pfd. Camp Van Food Sea Norman Co. 8 j% Venezuela Syndicate, 7-13 8- 1 1 10- 2 1 7-13 8- 1 8- 1 7-15 9-20 9-11 9-11 9- 1 12-11 12- 1 8- 3 7-24 Falls Cedar Ltd., class Services, A 1 7-1.5 9- 1 8-21 25c 37 Ac (quar.) 75 c pfd. 25c 62'Ac (quar.) (quar.)—. 7-28 (quar.) 9- 6* 7-27 7-15 1 9- 1 8-15 37'Ac 1 7-14 8-10 7-25 20C Coal Co. Steel 8-15 9- 1 9- 1 8-16 1 i$1.37'A 8- I Pulp & 170, p. 2223. Ovington's Gift Shop, Inc.—Court Approves Reorgan¬ ization— York City on June 22 approved the company which pro¬ trade name und merchandise of the Vice-President of American Limoges China Co., who plans to form a new company and Fedeial Judge amended an the tor vides reorganization of the assets, inc'uding the corporation to Leo Blumbe'-g, business. the amended plan, claims are unsecured creditors a*e to receive 5% company until 507a earned bv the reorganized paid.—V. 171, p. 560. profits annual Oklahoma Natural Gas Months 12 Ended May of of Co.—Earnings— 1950 31— 1949 $20,441,203 $20,491,514 15,819,011 15,735,307 Operating revenues ... Operating expenses and taxes.a operating income. Utility Other income fc- 1 7-10 8- 1 8- 1 7-13 (net) — . — ....— S4,622,V 2 85,561 $4,753,237 $4,707,753 9-4,167 income deductions — 75,863 7-/,7-0' $.%7S3,586 427,500 $4,104,335 $3,356,086 $3.04 £3,67a,335 $3.33 7-15 75c Income Net income Preferred ; I. H. Kaufman at New plan lor the sale of all the Under the Gross 50p (quar.)_. $1.12»/2 8-15 8- 1 1T9 dividend requirements.— rpplic. to common stock and Ealance _V — stock Earnings per Paper— (.quar.) the 7-12 3 17'Ac (quar.) Co City Stores Co. above.—V. 8-22 10- Foundry— preferred approved, the management v/i'l recommend to 25% stock distribution be made.—V. 162, p. 678. 7-29 25c pfd. (quar.) 10-17 20c Michigan Virginia a 7-25 8-10 15c Ry Co Kentucky 4>A% is that 7-13 8- 8- $1.06'A (quar.)___ West preferred a proposal to split each ehsvro value capital stock info four shares July 25 approved 7-17 1 9-20 $1.12'A Northern Wesley Mason Mills, Ltd., 5'/2%> Mfg. on 6-30 8- 20c — Inc.__T Engineering City—Plans Split-Up and 25% Slock Qppenheim, Collins & Co., Inc.—Exchange Offer— See their (quar.) <fc above If continue 8- $1 (quar.)__ preferred $137,J27 128,43! 7-17 Cuba— . preferred Corp. $82,575 346 stockholders directors 9-15 8- 5c 5% $42,632 20,344 7-21 30c (resumed) Co. Co., SIC,419 dcf4,834 operating income charges. 1,100,880 179/' .1* 7-21 8- $1.25 of Co. Washington Gas Light Co., common $4.25 preferred (quar.) Wellman 1 $1.25 (quar.) Inc 6% Corp. .119,543 taxes present outstanding $100 par stock of $25 par value. 7-13 8- $2 (quar.)_, Railway, Electric 33.038 expenses 7-20 $2 (increased) pfd. Sugar 23,911 4,08V$1,4 87,750- new 6-30 1 50c (preferred Jet 1 1 8- 12'Ac (accum.) Coal & Iron Co Virginia Iron Coal & Coke— Waterous, 8- 8- 10c Co. $1,563 548 1,361,430 Dividend— 7-20 7-28 8- 30c Quarterly $4.50 1 8-15 $1.31'A (quar.) Heating Corp., 5% preferred 'quar.) Vapor $361,335 229,665 . Vaispar Corp., common (resumed). $4 convertible preferred (s-a) "an $325,175 234,845 Okonite Co., N. Y. 7-15 30c : Cap 8% Metal revenues-. $1,471,831 3,483 7-15 12'Ac <quar.)__ (quar.) com. Upper peninsula Power, common 5V'4% preferred (quar.) Upressit 325 7-10 9- 12'Ac 5'A% Tobacco $1,567,031 712 8-31 50c Laboratories, Universal 1950—5 Mos.—1349 $302,160 rev- oper. Corp.— (quar.) Universal Extra. 75c preferred (quar.) pfd. (quar.) $6 Corp., Co.—Earnings— 1950—Month—1949 $325,887 171, p. 2611. The Corp., 6% preferred 3,737,742 after Net 50c (N. Net 7-11 10- of 5% 4,629,303 per iquar.)— Company & 744,561 revenues Operating Operating divi¬ 1950 (quar.) Chemicals, Inc. Utilities $4,628,040 7-11 of United 5,295,777 S5,56 3,494 Feriod End. May 31— 8-31* Stores 5,972,740 $•98,945 2211. p. Operating Foundry Radiator 1,109,129 $1,283,204 1,091,846 Ohio Associated Telephone 7-31 11-30* West 7-20 8-11 7-11 9-20 prior 1 7-15 1 8- 12-20 Point 9 7-31 8-15 75c S. $3,673,693 $46,443,160 $42,437,650 6,665.628 34,906,526 32,513,833 1.293.472 7-14 75c West 8- 1 8-31 8- Quarterly 7-20 9- 171, Quarterly United 7,2 .4.653 income charges — Operating Inc Guarantee $3,841,334 operating after to bring (quar.)— preferred Improvement Insurance Net Net Ltd.— Investments, United rev._ taxes Operating —V. 10c Fuel revenues opcr. Co.—Earnings.— 1950—Month—1349 1050—5 Mos.—1949 $9,860,957 $8,695,451 $46,562,928 $42,534,355 19,623 21,758 114,768 96,705 Operating revenuesOperating expenses 8-15 8-31 15c the at Operating Uncollectible share) United 7-20 50c Corporation Bell Telephone Period End. May 31— 7-14 15c a 15c paid 7% $1.10 tax. (Continued from page 12) North western 1 t5c quarterly level the Feb. L and May 1, the to dends 8-15 92 '/2c com. tax. income Investment lews 7-24 t25c 15c on (this payment Is intended B 9- 87'Ac . (quar.)__ basis) quarterly Class issue West 55c (quar.) income Jamaica General 7-10 t38c Petroleum S- 30% Stores Corp.— Tool, class A (quar.) & (this B Uia-ss 7- 9 48C > 'quar 1 8- $1.25 (quar.) (irreg.) : A 8- 50c (quar.)_ conv. pfd. (quar.) Corporations, Ltd., class B United Warren 55c 1 non-residents' tax. the source. N»k at 7%. tax 7 t20c (increased) of Canada. Ltd. Co, Co. 5 8-15 dividend. this 15 % Canadian tax deductiole 7-20 7-20 7- 9-15 British Less Uncollectible ^ 7-20 7-31 $1.25 Less < 8 8-15 .^Swasey Co.— resident 9-19 8- 8-15 Brothers 7-15 a 7-17 92'Ac "%rner 1 for 7-17 20c cn 8 7'Ac Warren 8- 77-J- quarterly basis. a closed not 15%; 8-31 (quar.) 5 5 7- " 7- ' 8 (quar.) 5 7-20 tax 7-12 7-31 preferred 7- 8- 7-12 8- 1 8- 1 8- 1 7-31 7 preferred 7- 8-31 on U. S. Funds, less Canadian funds, in 7-20 50c _ (quar.) 7-31 8-15 1 8- J*. 8-13 8- 30c (quar.) 7-31 t35c resident books in Co. preferred of Co. prelerred wqtprloo (quar.) Spencer. KeLogg & Sons Inc. 1 50c rttiOuei 3o Electric prelerred Welex Service, 8- 7-28 common $4.25 50c preferred Public tPayable tPayable 9- (quar.)__ (s-a) Corn., Rubber, Wagner 3%C (quar.) now 8-10 4% 1 7-lt 8-U 11-10 Virginian $1.20 (quar.) •Transfer 7-28 10c 17 'A c Y.) (N. Insurance 8- Electric Associated Telephone preferred 7-10 8-15 $4.50 rr Gold Corp. are 1 62'Ac Co. (quar.; Corp. Universal Union □ Radio 8-15 8- $1.06'A (quar.) Trust 28'/2c (quar,) preferred 50c common preferred 28c Ltd., & 50c Virginia Railway Co.— non-cum. Southwestern Edison Vertientes-Camaguey on (quar.)_ Power, preferred Southwestern 3.90% 6-28 this Co., com. (quar.) preferred (quar.) convertible preferred Southern 3.70% Edison California 62'Ac (quar.) . 75c Canada $2.20 7-29 Co. redemption for preferred 60c 11-15 7-18 75c Paper $106.50 Southern 5% 7-15 1 8- Ltd.— Mills, (quar.) Bag preferred Southern J25c 7-15 7-25 t50c Co. Advance 1 40c $1.50 40c Paper (quar.) issue 4.80% 7-14 7-25 Iron & dividend. 4.08% 1 t45c Corp Pulp Soundview 4.56% 8- 50c O ) (A. (Howard) 4.48% 7-14 t3c Quarterly Smith Southern 1 50c Smith Aug. 8- t2c Quarterly Entire fGc 7 50c (quar.) Corp. Mines, Ltd Sioss-Sheffleld Southern n. 40c Ltd.__; Mines, Miller Siscoe Gold (quar.)_ A Curr (quar.) Power Co., common (quar.) Ltd Mines, Sinclair 7-14 1 J25C partic. (quar.) & preferred Silver 1 8- 24c preferred Sib/ey. Sigma 8- 15c (quar.) Ltd., Shirriff's $1.14 Tung-Sol Lamp Works, Inc., com. (irreg.) 80c preference (quar.) j dtt" <i<\ si !>pt Corn., common 8-16 Ltd., cl. 8-.1 9-15 * 25c T'-ue 9-10 8- t^ei/4C ; B 31'Ac $1.06'A Co (quar.) preferred Payments 25c 8-10 9-10 7bc $1.50 (quar.; Tube & Consolidated Zenith Quarterly « 9-11 10-1 County Gas Co. 6% re¬ (quarterly) Company 8 15c 7-308-15 9 - 8; 10c 1 6-25-51 rrinicj 8-12 9- 8- 1 9- 1 10- 2 6-15 up 9-29 25c 10c 25c Co J31'/2c t37'/2c 50c 9-15 8-12 $31 'Ac (Del.) — Company Manufacturing Sheet 6-30 8-10 3-15 Trane 7-11 Towne 7 15- 8-22 9- 1 tl2y2c 12-15 Transamerica 8-14 25c ___ Sheller Common 8- 1 Bank 7-T V 7-28 (Rudolph) 8- 1 al5% 50c Fields share dividend. United 8- 50c . (quar.).,.— (quar.) preferred Mills Union 12-27 (quar.) common Winnipeg Brewery, for per (initial quar.) $2.50 J$3.50 (quar.) Co. W.) 7-l-V 10-18 7-15 Ltd.— (interim) (F. 8- 1' 8- 3> 8-15- Ltd.— Ltd., common (quar.) preferred (quar.) Glass Company, (quar.)_ (accum.) & Co., (William), Jr., Co. Monthly liaie pfd. 5% Zeller's, $3.50 25c & Dohme, Inc., $4.25 pfd. (quar.) — Shawinigan Water & Power Co., common— 4% redeemable preferred A Shea's above the called at $110 1 Service, (F. W.) Wurlitzer 8-22 8-15 9- 1 9- 1 7-31 10-31 8- 1 90c $1.50 $1.50 $1.25 (quar.) Wrlgley Yuba share 1-2-51 4'A% 8-28 $1.07'/a Sharp 4'A% 7- i5 91'Ac Co.—— Leather shares Aug. on common (quar.) (quar.) preference Ordinary York (s-a) Co., 7-2C 15c $2.50 30c , Power Alexander & James, Youngstown 4-1-51 Co. Co. & 7 $1.50 Extra (quar.) Acceptance, 7- B-2? 7-21' the Wil¬ for 1st preferred Public 1st 7% 9~lt 8~2l 7-2 . 7-2" 7-2t 7-2t The disregarded. 5% at $115 per l (quar.) Trade Co. RR. (initial pid. Manufacturing— convertible preference (quar.) Toledo 7-15 30c (quar) (quar.) Roebuck Securities Seton 1 1 85c — Line Air 7-24 50c 10-10 88- 27'/2C & Seaboard Sears. 10-17 |- Co., Ltd., common preferred (quar.) Scythes 65c 25% (quar.). Co. 1 $3.70 . Electric 9- 8- 1 preferred Woohvorth dividend. Quarterly Stock¬ 22nd. preferred (quar.) preferred (quar.) Scranton 1 J20c 50c (quar.) Co above preferred Union Manufacturing 4.30% 12- Co. A 6-30 1 50c Tyer <quar.)____ proposed a 1 10- 2 Co Woolworth "" 110c class A 8- 10- Quarterly 4 9- 'quar.)__ Dillon 3.65% 6-30 7- 7-25 vote preferred scovill 7-25 distribution. prefP! red Scotten 1 8- 9-15 Paper Co.— aij.-iti 6-30 teoc —_— Schwitzer-Cummins 5 A % 7-10 1 $1.06'A be intended was preferred preferred Wood, 7-18 Quarterly 8 7-25 8- 1 Quarterly iquar.)__. stock Scott 7-x4 7-10 Aug. on the Thermoid 7-14 9- 8- $1.25 $1.25 $1 75c (quar.) should Electric Wisconsin 7-15 7-10 12c $4 unexchanged $2.40 7-14 Co.— Industries, Inc Meeting to be held on Aug. wi'l 1 7-25 t$1.75 Schenley holders 7-31 10- 1 1 1 Thomaston $1,25 Company Ltd., B t50c 7-31 t$1.50 : (ouar.l Common 5(jc t$1.07 7-31 88- 8- plus 7 t25c ; Rv. A & Marine Paul Fire Scarfe 7- tl83Ac (quar.) Francisco preferred preferred conv. St. 7-28 6 , (quar.) & pieferred $4.56 Mills, Ltd.— (quar.)_ preferred 2nd Louis-San 5% (quar.) — common (quar.)n_ Paper preferred 1st $2.40 St. 1 20c Lawrence $6 9- 20c (irreg.) common Lawrence 7% St. 9-14 7 $1.75 Thatcher 1 — — convertble 75c 8- 5 % (extra) 8-15 25c Saguenay Power Co., Ltd., 4'A% pfd. 6t. Lawrence Corp., Ltd., $2 1st pfd. St. 7-10 9- 12- quar.) All 7-20 $1 Extra 4'// 6- 1 9-15 Light Co., 7% pfd. (quar.)_ unexchanged shares called for re¬ All 9 2 6% 7-20 demption 7-25 6% 7-ia plus 8- 3.60% 1 demption 8- 5 5 7-19 7-31 7-13 20% 88- 8- 1 receipts 8-15 $1 Inc Power Oil 7-28 12-15 50c 8- 1 8- 1 8- 1 8- 1 Co. Line, 5% 8-15 40C Texas 1 Wisconsin $1 8- 9- Wilson 50c Fund, 7-13 9-15 Wilcox 7-20 7-14 $1.12'A (quar.) Inc. 1 J$1.06'A 7-21 1 $1 A preferred Electric Service, Oil 9 1 $1.433A 8-3 9-15 10- 2 9- 8 — $5 pfd. (quar.) Sewing Machine— The declaration previously payment 8- 25c (quar.) 8- Petroleum Corp.— Foods, Fine W'. & Television > $6 cox published 35c common Co.— Paper Co. Technicolor. 1 15c 8-15 1 9-1 7- ; 7- > Inc., vtc (Correction) 8- (quar.) convertible $1.16 quar.) dividend ouinenand 15c common 7-10 12'Ac Corp ptelerred Inc Texas 9-10 7-24 25c preferred & 1 7-24 2- 10- 2 7-31 7-31 $1 Corp Chccolate, Gitbs & 31'Ac common Securities, Oil 4'A % Wilcox 9-15 $1 (quar.) Co., 4'/a% Sunshine Biscuits, 8-15 Building Co., 6% Rutland & Whitehall RR Manufacturing Sun 3 9- Corp., Spring Eiectric 2nd $4 7-18 7-28 8- Wells preferred 8-25 25c (quar.) (increased) Common 8-15 7-28 8-23 $1 (quar.) Russ Stock 9-15 $1.25 7"wilt (quar.) Ryan Consolidated 05.) 8- 25c Pwuud Briquet $2 Terminals. 6 11- 25c 50c , (quar.) Instrument (quar.) preferred 2 8- 7-25 8-15 1% 8 50c 8-15 Wlggin 9- 9- Stonega Coke & Coal Co., Inc (quar.)_ pfd. (quar.)_ (quar.) Sewing Machine Co., common preference (quar.) 10- $1 7-10 Inc. $1.25 J12'Ac $7'Ac prior Wilbur-3uchard 8- 4'A% Co., Corp $2 7 56c (quar.) prior lien White 1 Corp.— ___ Co Inc. 7-31 20c 1 & 7 7- 50c Textiles, P.) 7- 1 30c 8- (J. 1 8- Coal Electrical 8-15 Inc. Stores, Container 8- 50c Stone tlOc (quar.) pfd. (accum.) &' t20c 7-20 $1.40 10 5, Stern I20c common (quar.) 8-10 25c Stores Rose's Brothers & Ltd., Company Stationery tquar.) Wheeling & Laxe Erie RR., common 4% (quar.) 1 25c preferred Canada, & 7-25 $1.25 Power, & of (A.) 9- 25c Light Co. Stern 50c (accum.) A Royce, Ltd. American deposit ordinary registered (final) for preferred 5% 5c preferred (initial Paper Co., Ltd.— 4'A% 7-20 9-15 15c Quarterly Rolls Lithograph Corp., 1 2 50c Quarterly Rolland 6 8- Corp. Ages 4.65% 9- 10- — class Co., preferred Rockland 9-29 J27C 933Ac preferred F (quar.) of 60c $1.75 Mills, Ltd Rochester Gas & Electric Corp.— Rock Works $1.75 Cotton 4.10 % Weston 50c (quar.) preferred 4% Westmoreland, 7-10 19c Gas Valley Cement Robinscn Westmoreland 7-10 1 50c (quar.)_ preferred (quar.) Richfield Oil Corp. (quar.) Richmond Cedar Works Riverside 7-20 1 50c (quar.) common Grande 1 8- $1.31 y* 33A% Rio 88- Stevens Inc., common (quar.) 1st preferred (quar.) 2nd preferred (quar.) 7% 50c tl5c tlOc (quar.) 75c (R. J.) Tobacco, common (quar.) 8-16 $1.25 11-15 $1.25 2-15-51 (quar.) Westminster Paper, Ltd., class A Class B (increased) B 20c Rice-Stix, Rich's, 4 15c B $1.25 (quar.) Co., com. (quar.) & prelerred Co., 4% pfd. (quar.) Brock, Ltd., class A (quar.) Preference (quar.) Inc.— (Calif.) Supply Copper & Brass, (increased) 5'A% 7-14 8- 15c Common Class 1 !5c prelerred B (quar.) Reynolds Standard Steel Spring 8- 8-15 5 % i— . Republic $1.75 12&c (quar.) Tablet Western 5% 52'/2C (quar.) Republic Investors Fund, Inc. 6% preferred A (quar.) Revere Corp.— (accum.) Silica 1 4'A%> Electric— preferred $7 Ltd., 7-j 8- A 1 tquar.)— 8- 8-15 (quar.) A 1 preferred 7-. 31'Ac 75c (quar.) com. (quar.) preferred Standaid 6 7-. 9 8- 1 Pacific RR. prelerred 9- Renold-Coventry, prelerred preferred A 8- 6% 8- 5% Western 5% 12- Extra t56'Ac 7-17 o% t40c A (quar.) 7-31 5% *40c S2.10 pfd. 1 7-24 8- 1 9-15 50c Co Telephone Co., 6-30 t25c Class 75c 75c 30c Insurance 7-15 (quar.) 62 '/2C (quar.) Payable o/It- Co.— (accum.) A Life 1 (quar.»__ com 9- J.) class 7-25 (quar.)__ Electric & Engineering Co., (N. $2.50 $1.50 preferred Reliance Western Light & (accum.) Standard pfd. Co. Ltd., Co., non-cumulative 5% Western 7-31 t$1.25 (quar.) & $1.60 Ltd., 7-14 1 preferred $1.60 (Canada), 7-14 1 9- prior Ltd., non-cumulative preferred Reitman's 1 8- $6 Mills, Knitting Regent 8- $1 Ltd., common < Flold When Share Securities Insurance $1 Co., Insurance 4%c Per Name of Company tl2'Ac (quar.) A Chemical preferred 5% Holders Western preferred (quar.)— $4 Standaid When Puyuole oj /tec. & Son— 4>* Standard $1.25 preferred Company, A.) Shoe F»egal 7-20 8-15 (quar.)_ common 6% participating class A $2 1 8-15 (E. R.) Squibb Suare of Company 62'Ac Equities, (Mass.), Corp. Reed 8- Name 7-20 50c A Class Reece 1 50c (quar.) (quar.) common Estate Real (quar.) 8- 50c common common preferred $2 Reading 50c 25c Inc., Per oj Rec. 75c Raymond Concrete Pile, $3 preferred (quar.) (329) Holders Share o/ Company Rayonier, Chronicle The Commercial and Financial . . n common Ti surplus share—1,102,684 shares— 427,odd / s' 50 T (330) The Federal this auihorized has Commission Power CAPITALIZATION Co.—Split Approved— Pacific Power & Light to company shares of common stock in exchange for its presently outstanding 500,000 shares of common Stock at the rate of 3Vz new shares for one old share. The outstanding stock is now held by a issue . 1,750,000 5% Common 'Includes liquidate by members, syndicate acquired two years. a.u at the sale of the stock benefit the c'.mp^ny by facilitating a wider distribution of the shares and by helping to establish a favorable mar¬ ket for additional shares of common j>to^k which it plans to offer The for the the company exchange in sale The the future. Commission S. P. respectively.—V. the Oregon P. U. Commission and the approved by was 1950, orders entered June 12 and 16, by 171, p. 2611. offering, V. see 172, Co. Pantasote Union Mr. (N. J.) 4% seven-year to Seeks New Loan—Notes Ex¬ — after The loan that the liquidated $437,000 certain officers and stock¬ cumulative prior preference by had company notes It this that orders have stated increase It year the is been for placed equipment^which new company's proouctb'p "opacity to $8,000,000 that the new equipment should be in use 1951.—V. in per 165, 577. p. by Inc., —V. 171, Co. of Middle its on of $23 Privately—The liquidation and plus reduction and plan the interest. proposal elimination redemption the proposes Sept. on 1, $2,100,900 of 6% gold debentures at Such prom ed redemption is in sub¬ in original the such of plan debentures without payment of premium. accomplish this redemption, the corporation there that through be ratable becomes The will not than more funds, plus The by —V. interest bear tures, in from cash. of the will The terms of II original the plan. a the and borrow to proposes banks or of to such use borrowings bank substantially are Following such of of shares ( . the bid only the the of its fair and equitable be supplied by to is the distribution, of rale 3%% the until 3 Vzinterest and company, gas and .'.apply to Carolina. South the from of notes The in Pennsylvania capital of has stock $550,000 received <R. Newport the bond natural wi.l It all owns of to the of Newport. It 5,000 in sell Andover, proposes Daley this of for Mass., the it Car In connection Western shares of 50 retirement Corp., the of sale its sale, Pennsylvania's Penn-Westem of Proceeds such with Service subsidiary capital stock will be debenture for applied Mr. its to' t. ereaiter to Penn- company, Pennsylvania and to 29 ei'Jits uat gas pure a e of served indebtedness.—V. 172, the be used retire to o :tKan i.ij; working cay Lai. increase its to his York City, eiec been 1 c p e i is expanding production of its approximately 45%< at its plant at Nalrona, by announced Work George the on increased the the At in time made facilities Ky., and at that for Italy with mission EGA an expansion plants in Corn wells im¬ and Wyandotte, Heights, of $35,000 from President as Incorporated.—V. Pittsburgh Operating mature June revenues Uncollectible minimum 1952, 1, in to Oct. 170, annual 1, 889, Steel Co.—Net Seen Higher—Bookings at 168, nf $252,934 "We July on for k "ger similar the final expect than This 19. figure period results the $1,016,592 would of for with compare $4 reported for to quarter the first be about quarter," Mr. Adams .ed. Unshipped orders record have level. a t been Net booked for at the Net half prices of and operating which by qui the ;ments but lso 5'- explained romped cult 5V*% nding l/2 offe.cd holders of share be reduce the offered and stock. A an of its capital preferred not support stockholders. preferred the plan only Under exchange Holders of of the of prior new stamped prior preferred share.—V. 172, p. 111. til of one to t" j 1't ». ; is about The ns. %' place dividend re- within N. existing C., and Co. is working financing, of few a as its owned The corporation covering 1,500 their at shares $2,000 of $100.30 Union per stock and other The new line which will be stock common purchase of net in stcck. holders of general announced. last week, was First be to Boston portion.—V. filed 11 in sto k units of through letter a sinking T.ie 172, be will New plus to shares 100 b? and Eoettcher & be shares It is proposed runs from will of Baton will 172, with the 19'JO, separately La., of common stock N. by Y., the at equal annual railroad at company, before or the Kansas City are equipment and to (Ma.) b~ used transfer for working capital. agent. organization after $4,237,873 $21,36o!o33 $20,744,5*94 8,435 4.7,961 44,139 54,o69,923 $4,223,438 $21,812 897 $20,700,455, 3,236,010 15,816.459 15 771,6-':9 3,262,578 643,247 449,427 2,841,504 2,201,172 — 2515. p. Co.—Earnings Statement— 1950 charges of $1,804,685 1,732,753 1,743,975 $160,877 $120,710 550,319 550,319 $0.29 $0.22 taxes - —__—___ shares——— common per and 1949 $1,893,630 _ fixed share— common provision company for — Federal July on (N. capital stock, to acquire income tax. J.) received 14 Light Gas Co., SEC which authorization to acquire this held by was now authorized has outstanding stockholders. 120 over 3,880 South shares is stock at its par value of $100 per share, whereupon Eridgeton will be dissolved and its assets transferred to South Jersey. V. 171, of notes, stock the also Jersey promissory of and which $52,000 issue to and sell Jersey $440,000 of $388,000 will be applied to the purchase the conversion of customers' appliances.— to 2612. p. South Shore Oil & Development Co.—Stock to Be Sold The shares 50,060 of notification to various the by the the of some directors in company It exercise to 'After per shares. Sept. capital; is 22 of dividend is Oil & Refining Co. Southern the Suite ration of that Stock the has not than for 2 series certificates less Broad¬ 120 Aug. on are the is it with a understood that Mexico. interest —V. Talk is Oil of will that in are its their of about pay Standard be (Not Oklahoma, Gas gas reserves ("Chicago Electric & Operating revenues of 'Net operating income $83,907,818 8,744,935 Total 5,170,714 {Consolidated $0.54 $1.61 for tBalance Co. rights to 172, this subscribe S. G. p. of and particular Commerce"). Subs.)—Earnings— 'After corpo¬ depreciation, a Co., its included the 1,353,341 171, depletion, Federal amortization, 3,365,303 3,839,375 3,595,325 subsidiary Co. consolidated the March. statement. the Gas 1950, companies 31, 1950. However,, 1949 Co., were not are not they the Phila¬ Electric & gas March in taxes, etc. {After minority interest, etc; Uln Standard of as at included are income dividends, company. Inasmuch Philadelphia subsidiaries gas —V. in 111949 6,836,410 1,566.310 consolidated of other 1,759,152 charges of parent subsidiaries. gas subsidiaries the 199. E & interest, sold H1950 4,041,252 income- and and $22,853,009 $28,830,857 — — net delphia holders to of are Journal (& subs. income subsidiaries' 1672. from for Louisiana Pittsburgh Railways Co. and subsidiaries street railway subsidiaries of Philadelphia Co.» 5,170.714 notice com¬ share per including 3,202,888 received $25 G, to to $4,631,250.— $69 123,269 p. Danciger 2336. p. 5,170,714 171, the process of outstanding. and insurance are banks Texas, natural Production Southern to 170, Danciger of 4,212,281 postponed.—V. shares it and 1948 of 1,600,000 group 1949 $0.74 offering which of 3 Months Ended March 31— requirements.—V. been fact Acquisition— purchase the stock to negotiating 1350 Exchange has proposed stock common the to Danciger stock. New 1524-8, this company is Properties Safeway Stores, Inc.—Stock Offering Postponed— York and that due portion a with 1946, piece of financing amounting to about $40,000,000 is in {After taxes The New 23, 112. p. being completed by panies These share common preferred letter issued announced was SEC by be to accordance Sept. on Dec. 7, 1946. at this time to wish filed represents stock the on individuals stock common 26 of of board notification the 172, of June on employees the stockholders for reason cents) 10 the SEC and authorized options (par with officers approved by A two-for-one a trust certificates, instalments. equipment costing taxes and charges outstanding.. shares 'Earnings operations consolidated of statement. 2201. p. Safway Steel Products, Inc.—Stock Dividend, Etc.— In stockholders ident, if from letter a said the to on that the amendment to While this time the The The for 1949 rate year were declare creating more 25 on cents the on that S2.21 168, a p. Standard Oil Co. authorized the the Christian, 100% a than the D. stock additional increase, 100,000 SEC company covering be offered to stock a 30-ceat were paid increased special profits fhvre, 2231. for 'tack wi"l the which first be is "The no compares determined months with ratio " of $1.32 in by of ^The IsSBe exchange of registration a number of the with statement shares of shares of 8 the will or 24,088,869 . . the . is Standard of to of Oil The of of under the for of its capital At 25,865,310 acquisition of to of the stock is shares 500,000 shares 500,000 shares be the stock not present Creole of already made in the Creole. which capital the about is shares offer stock outstanding offer stock the the capital only the 15 capital approximation. shares of exchange shares acquire acquire 93.12% The shares number company standing. of shares for offer to companv." number or the addition the ascertainment owns in purpose of' Creole the meeting. six filed 14 unspecified Petroleum Corp. is required quarterly basis. Last plus an extra of 25 stockholders (New Jersey)—Registers With SEC— July on an dividend there shares Pres¬ owned following the announced period.—V. to recommends presently dividend meeting the This Benjamin said. of Christian current the is 19, articles dividends new directors' a stock common intend increasing on shaves. July issuing he vote 400.000 on board of dividend, quarterly year the stock the the will 17 to directors intention at for Aug. 100,000 shareholders authorized. Mr. ex¬ 1950—5 Mos.—1949 $4,579,878 .9,955 ... 2,212,439 $70."37.809 profit at is Co.—Earnings— 1950—Month—1949 $2,716,327 that authorized (EDT) noon to at of 2,634,995 options.—V. Francisco Ry.—Bids Invited— sales The shares sale amount $3,361,443 Writer of three in 442,142 deben¬ 112. Net parallel $2.24 thereoni Federal income tax on $551,286 $1,000 and St. Regis Paper Co.—Earnings— Common probably roughly Rouge, 200,000 gain 570,435 Peters, one Co. increase to Six Months Ended June 30— financing line realized $736,910 of was due scH stockholders to purchase from it of $3,705,000 equipment p. 3!/2 $2.54 of Colo. recommended received York, V. will 206.000 $3.26 Acquisition Authorized— 199. p. debentures, $10) (par 600,000 shares from 250,000 effective date.—V. 171, p. 2308. new preferred 198,955 — „_ 114. p. rev,. income The the on Corp. notification of fund to $1, par way, Corp. present account President, unsubscribed Denver, have St. Louis-San Journal.") proceeds to on held. made convertible cr split. 15 share 447,578 Southern Production Co., Inc.—Probable directors by a $494,023 508,158 charges—— Earnings Ryerson & Ilaynes, Inc.—Plans Stock Split— cents. Bank stock common four each the unit, per in of unit. National PROCEEDS—The penses, and been for common Inc., mature 6/10 A (Del.) — Stock Offered— I This company on July 12 offered directly "as a specula¬ tion," through Burke & MacDo'-ald. 2,500 shares of 5% cumulative preferred stock (par $100) and 7,500 shares of common stock (par 10 cents) in units of one share of preferred of Morrison, new weeks. Concrete shares July on value, par for capital stock Prestressed 272,381 nave $150,000 Christensen, by bonds Street $505,101 390,66 J W. for 1948 1949 $581 053 Employees— larger capacity. Morgan,' Stanley consultant to the pipe line firm in connection with ("Wall $642,953 43,670 Rocky Mountain Textile Mills, Inc., Denver, Colo.— Files With Securities and Exchange Commission— secured class $50,000,000 finance 48% offering company's eensboro. the to company, ry to underwriter plan of new money is to be raised oil pipe line in the South. The Standard Oil Co (N. J ) 28% by Ft-rca d Oil Co. (Kentucky), and 24% by Shell Oil Co. It'is under¬ stood -art of the money may be (btai-ed by sale of bonds to the pub v and the remaining sum borrowed from banks or other insti- th by com $92,071 postponed by the company share gas. T649.337 {Exclusive taxes. provision for 169, Bridgcton $134,091 John was Marcus propane $4,449,456 125.000 new management, Line Co.—Financing Planned— $48,000,000 $4,868,107 81,799 been its at '{$723,502 . share__ and opcr. incl. South of has which of Net Plantation Pipe A $905,997 income conditions offering, are readjustment 1950 interest and revenues Net Offering Postponed— offering stream on income /4VSe shares of common for each of for each conij;.„.i will prior share current to has arrearages important minority eferred of the expects company and of that (less taxes 171, Number 9,369 T $1,002,933 charges common Bids Adams r. placed production of liquefied <K 627,295 after compared 1950, 2514. p. • are year the and " revenues after the competitive second 171, the shares—— expenses operating —V. 3 313 260 auraging." Prospects eted income Operating revenues Operat ng expenses—— $4,459,025 767,670 approximate r 12,699 3,457.484 of 39% unit for preferred per Uncollectible s Mo •.—1049 $4,880,806 1,584 120,404 The second mem $907,581 1,773 693,522 1949. the t<vo $1,004,706 revenues July 1, 50 June 25,'49 $17,341,168 $16,706,051 operation during June, Six Months Ended June 30— 156.698 named comp new preferred 'Exps., 712,144 basis 6 Months Ended Southern New England Telephone Corp.—Earnings— rev.. Subs.) — Wholly-Owned $3,725,371 Period End. May 31— President, income 1950.— 2, Aug. on June 30,'49 in has a $105,209.—V. $1,400,000 net be redeemed (& earlier.—V. year dividends investments 2124. p. taxes market a $25,000 expenses ture company will report net income of approximately the second quarter ended June 20, 1950, Avery C. Adams, for must be Month Ended units retail South Jersey Gas instalments Operating & estimated from Updating Operathig of America __ ohie. and p. 1965.—V. Km— a'dnth- —. oper Operating Net of company 'Includes Pa. High— units 'After (Calif.)—To Place Loan Privately— Period End. Mav 31— SEC The 1950, must Jun 30,'50 Operating matters. will continue and Pullman will notes and Record 31, common 1950; that all of Exchange accompanied by due- settlement in $4,201,626 ordinary No. consultant as appropriations slightly other and Pa., Beitzel, and of this year. the end by Pennsalt Natrona Pittsburgh, near started, announced been hexachloride July to due-bills 1950, 27, that 172, p. 112. Earned Co. The An 19. " said Mr. July on been available be have existing City, 111. p. will has Beitzel Mr. $1,000,000 provements to Mich.; Calvert President, facilities production of 172, Beitzel, B. new same excess —V. benzene company July 3 Months Ended Juns 30— July 20 b / Champ Ca ry, Pres¬ of which Pullman-Standard is tne' rail¬ recently made arrangements to place pri¬ vately between June 1, 1950 and Oct. 1, 1950 aft issue of $500,000 4J/4% notes with the Pacific Mutual Life Insur¬ Stock The 2,000,000 from Solvay American Corp.—Earnings— V at The company Pennsylvania Salt Mfg. Co.—To Increase Output— shares common Higher— refinery, —V. ol in Purex Corp., Ltd. 199. p. the at Sinclair Refining Co.—Completes New Unit— g vj - was formerly President of Pullman-St^iPcr'1 will associated directly with the company as Chairman ol Directors, Officer ance Corp. 329 The .n a who be to Board Net against all sales Hock announced on was Incorporated, and Carry, utive price of $500. a bv sell to service addi- one held co.n^a ly Manufacturing Co.—New Pres. Jr., of New shipbuilding and shipping on ciates. stock 24C4. Period— associated with Federal Shi^bui'-'in^ Co., of which he, was Vice-President and General Manager 1.949, he was 'loaned to the Economic Cooperat n ministration asso¬ of In price a and ex after prior that There were 346 Income Bryan, company, 1948. stock its shares stock to Newport B. sell to outstanding of proposes Dorothy Mrs. authorization Light Co. of issuance common Fi,.e Line Co.p. will sale company Rochester Telephone SEC Gas I.) made p. Sales R. tail 2514. p. Dock Dry to corporation number ■ Gross The quoted delivered and 171, June the Federal Pow r Com.nis to.i Transcontinental Gas from proceeds and 171, this Acquisition Authorized— interest of Exchange on July 18 directed said distribution until July 31, Oi'-u/.„v carbuilding subsidiary. Mr. Bryan was formerly will company dissolved. the approved share 27, without -changing the stated capital of the to the common shares. Shareholders also voted Stock York not ntracts . V. way same deben¬ holders be bills; sub¬ ai $1 200.09 sold to are the payment of its the to assets such of retirement assets end common stock; on a completion Upon plan remaining Its specific^ allocation amendment. be the at application its on Carolina continue appropriate provision for after distribute various classes of preferred basis. bank a The Part Pennsylvania, liabilities, has has pending beiore now ident of Pullman amendment. provisions those as $1,200,000 treasury supplied v « was planned Split-Up Approved— 17 each for authorized the New ccru.icates of.ered of No. Carolina, Inc.—Places Bor.di corporation natural a company hearing partial payments, be is common „,oo0,000.- witii bonds Charles W. 17 outstanding accrued for July amended the all stitution To on This share. shares of special meeting to be held on a July applicable increase to * maturity. 27. the of of 105%, July on I Part 1950, awajued weie per recently company, incorporation to be Aug. 22, stock from $1.75 present shares to be ex- certificate the to July on share business company Co. bonds filed an amended plan with the SEC dissolution. This p.an has been scheduled for on hearing of 'Net corporation shareholders common close mortgage bonds, series due 1975, to Teachers Insurance & Annuity Association of America and Home Insurance of its this of stock there Pullman-Standard for The Uo: a 2403. p. amendment for divi¬ May -26, Shoe Pennsylvania Gas & Electric Corp.—Plan Amended— The cumulative to Indiana, Inc.—Stock Av/a chd— Coip.. West bid reoffering of No Public Service Co. The 1950—G Mos.—1949 1950—Manth—1949 (no The capital. Scott Paper Co.—Stock shares of common requirements $76,558,001 $71,416,959 $379,272,495 $376,466,210 ——r._^__ stock 199. a (J. C.) Penney Co.—June Sales Increased 7.2%— Period End. June 30— Service 1,631 North Sales entitled is - sale p. late expected early or is redeemable in whole or in part at $105 dividends and proposed provides 50, 1952. 1, 199. Public for notification with the par) to be offered proceeds are to be of letter a change in par value of par value to $1.40 par value, each four c.aiiged lor live new shares.—V. 172, p. 14. presently plans to engage principally in trie concrete business, applying and using a technique somet-me^ known "prestressing." It has not yet obtained any contracts.— The working iiled common underwriting. '..dored: by stockholders at 1 company The was will unpaid June Tiie co construction stock. annum. to 11 of without Cehenley Industries, Inc.—Split-Up, Etc.— Corp. BUSINESS—Company was incorporated in Delaware on 1950, and since has been licensed to do business in Missouri. Operations— May 19 reported that negotiations for a were proceeding although final details cn held by through exchange of notes for 5 7; holders Rope accumulated Co., Stock—To Expand reported evidenced indebtedness audtJ to July shares on 2,913 share, per e concluded. be Wyman also de.ivered and issued ... 198. p. Wyinan, President, still were Wire NOTE—The preferred stock plus dends as changed for Preferred 8700,000 stock common corporation covering $^u at W. mitted. Hans of SEo Pipe Line Co.—Trustee— The City Bank Farmers Trust Co., New York, N. Y., has been named trustee, paying agent and regislra" for .'TO,000.000 of 2%% deben¬ tures due 1975 and $15,000,003 of 2%% serial debentures due 1953-62. For shares 10,500 2,509 iis.: '18,0j0sh>. z,o00shs, 20.000 shs. cents)- Tuo Carroll, President, and Karl H. Middendorf, Vice-PreJdant in exchange for certain inventions, methous, design j and "know-how." 2,000 shares of the common stock w.ll be returned in the treasury and not presently offered. Of the i.oOu unit, now offered, 430 units have been subscribed by ofiicers and cnrector.; and p. Panhandle Eastern C. 10 (par Monday, July 24, 1950 . Salient, Inc., East Longmeadow, Mass.—Files— t,...dirj the company, of .. . will near issuance Washington within company Pacific after stock Ou. . . * FINANCING PRESENT pfd. stock (par $100)-^—— cum. John 16 The TO EFFECT Authorized including pe.so.jj, partnerships and corpo¬ the stock from the American Power & Light Co., a registered holding company, pursuant to a SEC order of Feb. 3, 1950. The SEC order provided that the purchasers of the stock were to dispose of their holdings in Pacific Power or completely of syndicate rations. GIVING Commercial and Financial Chronicle e company of Creole capable time of of the Creole additional will which definite company now out¬ shares will Volume 172 increase the Number 4927 of Creole's would be in¬ Federal income returns which may be filed by the company . . and thereby savings may be achieved. The purpose of the exchange o-fer is acquire enough additional shares of Creole to permit such con¬ shares. an tax to as Under affiliated solidated inccme returns."—V. lax slightly to Creole consolidated in 112. 172, p. UNDERWRITERS—The 95% over circumstances such corporation the re^pecthe has severally A. (& Subs.)—Earnings— shares Earnings per ♦After outstanding $13,150,663 $12,822,993 5,425,546 "±,3j2,.>oJ $2.39 $2.56 taxes.—V. 171, at 30__— June share__ common depletion amortization, depreciation, Federal and income 18j1. p. h,liis Oil §1950 6 Months Ended Jui.e 30— Gross income +Net ♦Earned per $28,756,000 The 5,u5j,1o2 First SI.33 $0.80 charges. Jlnc.udes comb.ned share common r.on-recurring operat.on inccme of Sunray o. 750,000 common 1Aiter dividends. the 23, June seven Barnsaall former issued shares days of propeities, lUxcludes 1950.—V. 172, p. 52. §Includes $995,000. and and taxes carried out holders of Superior Oil of Co. the oil by the close share each Co. Gas of assets V. (see both business gas stock 170, share one companies, be formed, to An exchange International offer The to being shares have exchange not stock and 1950, stock oi Superior of retaining the otner the this into company O. Joseph Hanson, on the of out 171, those shareholders opportunity to do so, Mr. Talcott, Inc.—Earnings— ♦Alter per 1950 $391,728 S2716.423 $325,255 322.056 322.056 preferred SO.64 share______ profit ♦Earns, requirements.—V. dividend 171, Federal 171, $62,966 $197,450 $120,343 24,230 23,u34 53,273 The 50,000 50,000 100,000 $38,153 $39,052 $34,157 226,600 $0.17 225,600 $0.37 452,127 outstdg. 338.300 $1.29 $0.70 share dividend Stores, Notes Offered—Bonds to Placed 5% Interim Privately—Offering also group of invest¬ nationwide Stockholders—A June on 13 serial mortgage increase to the provides stock common for for agreement Pyramid at shares issuance the valuation a 3,700 Binkley of line pipe n?w about stock of interim notes, 5% 1952 at par. This notes, the re¬ maining $6,000,000 being purchased by The People's Gas Light & Coke Co. of Chicago. part of 5% The interim cumulative cf $100 each preferred be stock, amount. retire to will notes principal sufficient be due Jan. fac lities $8,090,000 Truax-Traer of 118,400 $12.50 per share in ex¬ of and stock, common by needed $9,000,000. or Financing— Standard Esso Oil It which Co., this company will require is understood a portion of owns of the 99.96% of stock and miles 62 miles of product pipe crude oil lines in New Jersey and Pennsylvania. of include facilities present company's Icr a 559 Net pro No. shares —V. $0.72 $0.82 oer 170, remain sinking A of all payable at stated maturity by delivery $5 series at the rate of one share for the preferred fund starting in stock by 1975. will 1956 This $1.63 business. Goldman, plans, pipeline mortgage Illinois is 3V4% bonds, due 1970. In addition, offering its present stockholders the right to purchase 1,750,000 shares of common stock at a price of $10 per share. The Peoples Gas Light & Coke Co., which owns 50% of the presently outstanding com¬ stock mon the of has agreed to purchase all stock not taken up by the company, shares of additional common PROCEEDS—The Coast pursuant completed and Illinois, Volo, distance a of 1.330 heating season, will have an initial delivery 305 million cubic feet of natural gas per day and a daily the by of capacity sales Joliet 1951-52 capacity of about 518 million cubic feet when fully nov ered. The principal customers will be The Peoples Gas Light & Coke company's Public Co., Electric ties Service Co. Co. Northern of Northern the and the Illinois, Western Public Indiana Service Gas United Co., which & utili¬ northwestern Indiana, and the Natural Gas Pipeline Co. of America, whieh will purchase gas from Texas Illinois for resale to certain utilities directly serve served It by it in is metropolitan Chicago Wisconsin, Illinois, and area cities Nebraska Iowa, in and Kansas. anticipated that the daily demand for gas from Texas Illinois' will soon exceed the presently authorized 305 million daily capacity and it is likely that in the near future and before completion of the facilities now authorized by the Federal Power Commission, the company may request authorization for expanding the delivery capacity of its facilities. | The company has long term contracts for the purchase and sale of June 44,057 shares of class A stock of market (approximately $27.12!/s! per to 145,206 shares. sold Corp. at holdings of commitee that stock permission which it & The Utility Mulford The the SEC company's to ized 150,000 option New York. Counsel for the group is Biddle & Reath, Philadelphia law firm. right to the permanent represent warrants of shares Sportsmen's Supply, Billings, Mont. Inc., — Files With Securities and L^cnange Commission— The SEC corporation to July 0:1 a letter of notification with the _tock and 5,760 shares of common per share, respectively, without be used to increase inventories. ..led 7 275 shares 0. cunuv.o.. covering stock offered be underwriting. at and $100 proceeds The $10 11 w Television Corp. share. PROCEEDS--The and V. publicly offered stock (par 10 cents) issue of 398,000 shares or common an Offered—R. Stock — Co. of New York City on July 20 lor net Village, pro.eeds used be to nre capital working for Its plant .a located at 20C-12 Hillside Ave., Queens expansion. Y. N. EFFECT GIVING CAPITALIZATION FINANCING PRESENT TO Authorized stock 10 (par Outstanding 3,500,000 shs. certil 748,000 shs. for the purpose of manufacturing telev ision re... l.crs and accessories and for the purpose ol dealing in household a/pi ances g n .rally. It acquired the assets of the Denmar DLtiiouting Co. a c'. Mutual Appliances, Inc., for 350,000 shares of Wlutehall .sto..k. Denmar vs a partners. c n os-d of Messrs. Isidore Eisenberg, They became partners m 1949, ^Benjamin Sallzman and Alan Singer. and since incorporated was in television of York New to and has appliances business of converting small to o be engaged in the business .-tared by others, and recently franchise for Paragon oil burners in t .1. ...uucl anywhere in the City of engaged is television in set-. II television receivers the exclusive sales acquired other consumer. corporation Queens and machines wash.ng burncis, oil screen selling but Village, w tire 11 a. r a ma sol. may . ' York. solic tation house compensated on through Mr. fo'low ng Eisenberg. in charge anci rer: are who V Fra nv nbers 0.. era • Whitehall's board Saltzman, who is the of President; is *" . being offered by house organization wiiich ba .is. store 0. arc independent sales an comin ss 0:1 a DIRECTORS—Th® directors: products corporation's the add.ticn, is of manufacturer licensed RZA an Mutual 1949. engaged in buying and .,t\li lg t 1 vi ion receivers, air conditioners, large of been lias Denmar receivers 1250, June, .11 Mr. lions; Mr. Singer, who is Sec¬ (who is also a director of the following companies: Huletts Landing Corp., Franklin Custodian Funds, Inc. and Jefferson Custodian Fund, Inc.) Wilbur-Suchard Chocola'.e Co., Inc.—Loan Placed Pri¬ vately—Reacquires Series B Preferred Stock— 5% inclusive. proceeds, The reacquire, at cumulative closely compared with the current The company's plan to cancel an overall program to simplify issue of $342,000 April 30, 1951 to in April, 1950, placed privately an serial debenture bonds, due annually company nine-year 1959, together cost a held.—V. stock, 166, $39,400 treasury funds, were used to the outstanding 4,200 shares of S5 of no par value, which had been with $381,400, of preferred series B, 1934. p. the common stock at $27.50 per share, buy approximately $3.75 price of the warrants its capital Holding worthless as Act Company 172, and structure per is of part become to the from exempt become to as so share. Public investment an Utility company. this tons steel annually and within a year. It is expected that the remainder of the program, new in the engineering stage, will make an additional 445,000 tons of annual productive ingot capacity available by the Fall of 1951. The major part of the program will get under way immediately. The construction work connected therewith will not interfere with existing steel production. The plants whose steel capacity is to be so increased are Gary and South Works in the Chicago District and Homestead, Edgar Thomson, system G'lairton, delivery United of for 14 paid a 100% stock 1250.—V. 165, p. 3400. July on July 10, States the dividend to stock¬ Co. shares its on recently offered stock of this company, were awarded 011 July 12 to Robert tv. $1G.0:?5 per share. These bankers reoffered bids share; 172, of bid July on other per —V. common by Middle West Corp., & Two $15 13 were and at $17 per share, with no alsy received on July 12: C. A. Allyn Inc., Co., & selling group. Blyth & Co., Inc., $14.8751 per share. 53. p. Woodall Industries, Inc.—Earnings— Steel Pittsburgh 3,058 shares of sale Baird through Pittsburgh capacity record Wisconsin Power & Light Co.—Stock Awarded— S. the corporation The an improvement program to be instituted Chicago District plants of Carnegie-Illinois Steel Corp., its principal steelmaking subsidiary. The new program will be pushed to completion as rapidly as pos¬ sible, and should result in an increase of 1,215,000 tons in the annual ingot The holders of Increase Output— Olds, Chairman of the. Board. 011 July 19 announced that corporation will increase its steel making capacity by 1,660,000 Irving (Consider II.) Willett, Inc.—Stock Distribution— 52. p. United States Steel Corp.—To at July 14 approved a proposal to split the author¬ no p~r common stock on a four-for-one basis. on 163, P. 1774. The Biddle, of Biddle, Whelcn & firm; Gordon L. Becker, of and Charles Tatham of Insti¬ Inc., Drinken, corporation's lawyers; York New Service, of A. banking by Products, Ltd., Winnipeg, Canada—Stock Split stockholders —V. with the not authorized." and Alfred of application an opposition in "unfair termed investment Longcope, tutional Jchn filed has proxies consists Philadelphia Scoll it solicit to committee The the oppose Lenman Brothers, according to present oilenng of the Vulcan common stock Continental, in connection with which a is expected to be filed shortly with the SEC. and public sold Statement retary -Treas warrant holders announced on company's plan to cancel its perpetual representing disclosed committee proposal, the be to Co. & manage to Holders Protest Plan— protective Co., sale of the interim authorization recently received from the Federal The line, which is expected to be substantially to Commission. Power to Texas of area miles, in Power its July 20 it would option warrants. notes, mort¬ gage bonds and common stock will be used by Texas Illinois to con¬ struct a pipe line for the transportation of natural gas from the Gulf proceeds from the Mohawk Warrant A —V. other stockholders. Sachs will Vice-President for Texas United Corp.—Sale of Stock Holdings— reducing The Concurrently with this financing, White, Weld & Co. and Glore, Forgan & Co. have arranged for the sale to a group of 16 insurance companies of $90,000,000 first a the New corporation Niagara share), be mutually have proved to which time, and that upon In (The) to subsidiary of Continental in order to continue such the tei w . n of the parent-subsidiary rela¬ opportunity oi improving Vulcan's business with other suppliers of tin plate sciap enhanced. The plan contem¬ plates that Continental would retain a large common stock interest in Vulcan. The sale of pie.errea stock for retirement and the sale cf a portion of its common stock holdings would release to Continental a substantial amount of cash presently not available for use in its to The 248. p. time tionship, directly $2,513,044 1,197,664 734,300 $2/49.716 1,132,289 734 300 $1.54 $1,234,145 602.478 734,300 share capital Fa red from business; 1950—6 Mos.—1949 1950—3 Mos.—1949 $1,064,177 526,941 734,300 it an advantageous, have assured vulouii o. a large vomme of raw materials detinning and have a.sured Continental of a stable outlet for certain of its tin piate sc.ap, .h..t 11 is not necessary for Vulcan refrigerators, (& Domestic Subs.)—Earnings— expenses and for been Underwood Corp. share per retirement; for issuance should occasion meeting of stockholders was of the pi,eie..tu stocK and 59.2% oi indicated a present intention of CORPORATION—Incorpoia„ccl- be secured by a loan to private institutional in¬ The remaining part of the funds will be provided, it is under¬ by The A votes two for tendered sio.k, special had Vulcan, Continental and by Tuscarora. 1, issue of $12,000,000 of such an of Klein the for to acquire Coal Corp. will money time. to increase an not to consider these proposals. President of Vulcan, said that Continental 17 at 75 cents per of stood, Aug. Buttiield, Whitehall Co.—Acquisitions, Etc.— recently entered into an of Binkley Coal Co. and agreement raise to banking firms headed by White, Weld & Co. and Glore, Forgan & Co. on July 20 publicly offered $6,000,is C. Western Incr.— proposals approved bonds, future Inc., owner of 51.9% ment 000 for stccK common Can Co., the common voting such stock in favor of the piopj ais, tv.uc.onng its preierred stock holdings if the offer to purchase is made, and thereafter selling under a public offering a portion of its common s.o^k holdings, although Continental has not made any irrevocable commitments in these respects. Mr. Buttfield also stated ihat trie contracts made between Vulcan A. 2202. p. Authorized—Stock Ltd.—Bonds Period End. June 30— Made 171, requirements.—V. Tuscarora Oil Co., Ltd.—Plans New Net — called Common 699. Gas Pipeline Co. at Westeel $6,047,531 726,575 338,900 $2.04 $7,208,853 857.662 338.300 $2.43 $2,926,026 257,933 338,300 the payment of $366,000 in cash for the remaining 915 Binkley common shares. In add tion, $385,750 cash will be paid for all the outstanding 7,715 Pyra¬ mid common shares not held by the Binkley company.-—V. 171, p.1395. 226 600 $0.33 Texas Illinois Natural some 1950—6 Mos.—1949 1950—3 Mos.—1949 $74,616 226.600 $0.17 arise therewith preferred authorized —(V. 171, p. 2406. taxes— cc;n. stock of contemplated company capital 45,732 .__ p. 25,000 H. connection in and outstanding Registration preferred vestors. 1950—6 Mos.—1949 S62 383 Cap.tal shares: out tdg. Earnings per sharc____ —V, 25,000 G. 100,000 shares first The taxes income 225,000 Dean Witter & Co Co., Truax-Traer Coal line N't 225,000 Securi- to issue $200,000 authorized no .par common stock from 57,000 shares to 75,000 shares, and to cancel the authorized 14,000 shares of preferred stock.—V. 169, P. 1014. 1674. p. taxes-- income Co._ 150,000 stockholders 3% this 1950—3 Mcs.—1949 Period End. June 30-inc. & Webster Corp. 225.000 after per The of it before Barney & Underwood, Neuhaus & Co. 225,000 & $3,742,747 Common $0.96 TelAutograph Corp.—Earnings— Profit ties 322,056 $1.16 ___ outstanding common 1943 income ■___ ♦Earnings Stone sales change 1949 ^ alter charges and taxes shares Smith, 50,000 $2,231,750. 2405. p. 6 Months Ended June 30— Common 100,000 275,000 Per.od End. June 30— Net shares Net prof.t 150,000 Harris, & 25,000 Corp Co Co Fairman Inc. 52. p. Net The (James) & 50,000 Thomas Steel Co.—Earnings— Thrift at least 1,650,001 outstanding 2,000.000 in excess of that conditioned was accepted yet exchanged their shares an said.—V. Hanson Sills, C) July 19, Mr. Hanson noted. A total minimum has already been exchanged, he added. A further offering period to Sept. 30 will give who Shields 25,000 Weeks The 172, 50,000 Walker & Co Watling, Lerchen & Co.__ Wheelock & Cummins, Inc. & Iuinjis Co. Gardner & Co. (Inc.). & Hornblower Extended— by tendered Hall & 50,000 225,000 225,000 Harris, Pierce Inc. Reinholdt ,— & 150,000 Rauscher, Co.___ Ripley 25,000 Webber, Jackson & Co.__; Sachs Co.— & Rotan, Mosle and Moreland Chapman & Co._ Boston Wells Curtis 150,000 Inc. be the announced. shares 150,000 Moseley & Co Paine, Pan- , Southwest ♦After reorganize successful, stock intended to Ltd. has been of Packers, may one and the Swift International Co., Ltd.—Offer President, stock of original company 2440).—V. 172, p. 200. p. which company, year to end Aug. 31, receive two shares of will and new of this of fiscal its of of Delaware Delaware, natural 275,000 S. Mullaney, 50,000 Co Brothers F. 50,000 100,000 Dil.on & 275,000 Co & Morgan Stanley & Co 150,000 50,000 & Goldman, Loeb (Calif.)—Proposed Reorganization— reorganization proposed 225,000 — First —V. Superior Oil Co. Following 225,000 InC— Co. Robertson & Farmed, 4,976,003 115,052.143 shares preferred Lehman Brown & Sons Harriman ♦After 150,000 Central Republic Co. (Inc.) ?7,690,000 commchi 150,000 Sullivan & Co., Eastman, 1943 $33,396,000 ' income Number Lee Higginson Corp Julien C_hins & Co Dittmar $100,000 Kuhn, 50,000 Dewar, Corp.—Earnings— Kebbon, McCormick & Co. stock for increase follows: as 150,000 Inc. Alex. and such underwriter are company 400,000 Simmons— 6i Losworih, coast Sunray & underwriters principal which each the from $500,000 Co Whliam blair & Co profit Common & Whipple & Co.—_ Beckjr u. Blunt 1949 1950 Six Months Ended June 30— ♦Net purchase to Allyn & Co., Inc Bacon, A. Sun Oil Co. Forgan C. the of names principal amounts of notes agreed White, Weld & Co Glore, 31 (331) The Commercial and Financial Chronicle . . ownership company's outstanding cludable tax . 9 Months Ended ♦Net No. 'After - $2.47 $2.30 share 849,726 400,000 $1.90 tAfter preferred dividend require¬ charges and Federal taxes. 171, 400,000. 385,000 shares common per ments.—V. 1,074,059 994,718 common tEarned $15,892,000 $14,028,098 $16,526,173 profit 1943 1949 1950 May 31— sales Net 398. p. District. natural obtain proved from needed ff tracts or The route of gas. substantial and these the its pipe line potential will additional areas which supplies Illinois Texas of gas is increased. contain a 75% gas GIVING EFFECT PRESENT TO Authorized mortgage 3V\% „ if5% stock ♦The amount standing of notes, in is mortgage addition fPayable of all 13,000,000 . §Of these payment with the principal the as stated series which to amount $90,000,000 be by as at delivery of prior 130,000 shares the 5% are interim reserved notes, tor due time be out¬ be issued the in 1, 1950 July to of 1, by 1352. A on ill shares be at offered $5 share. per at ratio a of The rights, share one for which each expire five 10, Aug, held.—V. 160, 2337. Norman Co.—Earnings— Common Farnings —V. after profit 1953, issued. cumulative the not 170, shares per p. June 13/49 $155,759 $121,84.4 370.000 taxes outstanding. share. 370,000 $0.42 __ common $0.33 48. 1. $100 letter 9 of the $150,000 by this — Plans Purchase of Preferred publicly, notification cumulative deferred debentures have been informed that they be sold privately." this issue was filed with the SEC we but covering will ' proceeds will be used to make loans and for additional working capital. Worthington Pump & Machinery Corp.—Acquires Ste¬ Vending Machine Rights— corporation has acquired the rights, designs and patents for¬ held on cup beverage vending machines by Stewart Products of Greenwich, Conn., ccordirg to an announcement on July 13. Lyon Industries, Inc., in which Worthington has a substantial stock merly Corp. interest, will market marketed and continue Detinning Co. (N. J.) — 6% 20-year company, offered merly to be and service the 500 cup vending machine for¬ serviced by Stewart Products, and which will Works.—V. 172, manufactured at Worthington's Holyoke p. 200. Stock and Split-Up of Common Shares—Part of Holdings of Continental Can to Be Publicly Offered— The directors on July 17. 1950, declared the company be July 11. The This June 17/50 Federal to issued be Upson-Walton Co.—Rights to Stockholders— The company on July 20 announced that it is offering rights to stockholders of record July 7 to subscribe for 28,584 additional com¬ Vulcan . be each Relative to Indenture to share issuance Jan. tons 24 Weeks Ended— may initially 1 700,000 around of North Bergen Workers Finance Company Debentures to Be Placed Privately— "will Net 2,250,000 Shs. any of Sept. issued amount of 114. P- Van None bonds contained be dated may principal maturity may additional restrictions and deed of trust to of capacity ingot with a annually.—V. 172, wart 12,000,000 preferred stock. $5 series, of the nar value of $1^9 for principal amount of 5% interim notes, due Jan. 1, 1952. in minimum p. $90,000,000 §200,000 shs. that except the the Delaware River south of Trenton, N. J., on v. FINANCING 3,300,000 shs. bonds accordance 1952__ $1) (par of 1, (par $100)_ unlimited, i'SiO,000.000 in take Outstanding _t$100,000,000 due Jan. preferred stock Common only Con¬ ♦ series due 1970. interim Cum. bonds: pipeline in addition, United States Steel plans to commence the construction of the first parts of a new integrated steel mill on its pres¬ mon CAPITALIZATION (Youngstown) Works Ohio 1951 ently owned site hopes to which will be its system sell will with Texas and company provision. pay 1st in areas The reserves. daily delivery capacity of under cross gas In in Duquesne capital stock and capital by the for retirement, specified period; of a all its two preferred for one advisable purchase, stock split-up its decrease of at $32.50 per share tendered in the outstanding common voluntarily of a Youngstown Sheet & Tube Co.—To Split Stock— proposed to increase the authorized common st-vk from 2,500.000 shares to 5,000,000 shares, to effect a twe-for-one split up of the outstanding 1,675,008 shares. The —V. stockholders 171, p. 2038. on Sept. 28 will vote on a 52 The Commercial and Financial Chronicle (332) AND STATE . . Monday, July 24, 1959 . DEPARTMENT CITY BOND PROPOSALS AND NEGOTIATIONS ALABAMA elika O Cond Sale—The £190,000 to School! award- Berney Perry & Co., Hugo Watkins, Morrow Ik Marx & Co., interest County Clerk, will receive sealed bids until 11 a.m. (Calif. DST) on ARIZONA g—Tames E.; $1,250 000 n 275,000 building bonds. Dated Oct. 1, 1950. Due on Oct. from 1951 Agricultural Aug/1, 1950. GC0. Due Bond corporate bonds. Dated 1 will $1,-1 Denomination Jan, and July 1 from 1955 to 1977 inclusive. Prin¬ cipal office Phoenix. Legality (MST) purchase of (P. O. Calif. sealed bids bids July $500,000 un¬ 1950 follows: on trict bonds. District O. Sale Bond 152—were & man Redwood reflecting net a Hannaford interest cost high¬ Series April $1,000. 1954 to interest cost of to JLemoore Union Elem. Sch. Dist., 11 Co., County (P. O. Hanford), Calif. of purchase 1980 Marine York on Aug. 1 of inclusive. Principal and payable at the Trust Co. Georgia, Atlanta, tion of or at the op¬ the holder, at the Chase Bank, New York City. Legality approved by Spalding, Sibley, Troutman & Kelley, of National Bond Offering—E. F. Pickerill, County Clerk, will receive seaiea (Calif. DST) on Aug. 8 for the purchase of $200,000 a.m. to from 1951 Berwyn, III. Bond Offering — VJasta L. Ne- inclusive. 1970 Principal and payable at the County Treasurer's office. Legal¬ ity approved by Orrick, Dahlauist, interest Neff (M-S) & mecek Angeles County Sch. Dists. (P. O. Los Angeles), Calif. tly, County sealed DST) bids Clerk, until will 9 on able Os- receive from 1951 on bonds. Due on Aug. Sch. Aug. Sierra from 1951 La Bonds. 1951 Madre bonds. 1 to City Due to o. 1 on Sch. Dist. & Trust Illinois Co., of 152—were Ellis & 1 I j from Trust at from 386,000 from The awarded Co., to and the Blunt Simmons, both of Chicago, $214,000 Sch. Dist. 1 Sale—The $600,000 build¬ of about 1970 inclusive. 84,COO Artesia p.m. a price of 100.01, 1.70%, as 11/2s. 1952 as as to l%s. 1959 to second a & Lake Due Dist. 117 No. Due cago, inclusive. III. Sale—The $700,000 Roch Island build¬ Sale—The $550,000 Dated tion build¬ Co., and A. G. Becker k Co., of Chicago, jointly, at a nrme of 100.13, a basis of about 1.84% 420,000 Due Due 1969 highest for 2s, at a Dec. on 1 on Dec. 1 on Dec. Due 1 Dec. on inclusive. bidder 1959 to 1969 Brookville Ccn. Sch. Bond Sale—The $111,000 ing bonds awarded July offered the to build¬ 7 were Secirities City Corp., Indianapolis Bond & Shares Corp., and the Fletcher Trust Co. all of Indianapolis at price a about of 100.64, 1.40%. on to $1,000 as lV2s basis a Dated July Denominations Due jointly, Vaughn. on Bond p.m July 1 from 1951 inclusive. 1958 Legality ap¬ McCord, Ice & Miller, of Indianapolis. by Milan Bond Ross, School Carleton and 1962 School Fairfield Twp. (P. 2, (CST) on 1 Denomination $1,000. July 1951 from 1 Due 1954 in¬ Legality to J-J. Interest clusive. <x M.iler, of Indianapolis. Plainfield, mature Township will receive sealed bids until 10 a.m. (CST) on July 31 for the purchase of $27,000 Trustee, school bonds, divided fol¬ as (CST) on bids will until 1 1951 to 1964 in¬ clusive. Dated Aug. 1, Offering—Fio^d Robert¬ Secretary of the Board of Trustees, will receive sealed bids until 8 p.m. (CST) on July 25 for the purcnase of $85,000 lig it plant the 1950 p. bonds offered 100.22, a July 54—were awarded to Bloomfield Bloomfield, bends. revenue from 1954 gality as State 1S/4S, at Bank, a Due approved on Sept. inclusive. 1960 to 15 Le¬ Wiil.a.n by L. Waterloo, Bond City Oifering Clerk, Iowa W. Wente, Ii. — receive/ sealed will bids until t) p.m. (CST) on Aug. 3 purchase of $200 000 sewer Da.ed Aug. 1, 1950. Due for the bonds. Nov. on 1 from 1951 to 1989 in¬ clusive. Principal and interest payable at the City Treasurer's of lice. Legality approved by Chapman & Cutler, of Chicago. Perry County (P. O. Hazard), Ky. Bond Sale—The $620,000 school building awarded to syndi¬ Charles ; A. of composed offered bonds revenue were a Hinsch & Co.. Edward G. Taylor & July 1 from 1951 to 1977 inclusive. Principal and in¬ terest (J-J) payable at the First ter, Woody & Heimerdinger, Sea- National Bank & Trust Co., field. Co., Plain- Legality approved by Ross, Ice & Miller, of Indian¬ McCord, apolis. Sch. Ray Twp. (P. Sale—The Bond $17,000 build¬ ing 1950 bonds offered July 15— v. 172, p. 152—were awarded to First tinsville, 101.05, C. Thornburgh songood & National Bank, of Mar¬ as l%s, at a price of basis of about 1.53%. The a highest bidder Hailstone price of & was Browning & Co., botn of Cin¬ cinnati, Stein Bros. & Boyce, of Baltimore, and Magnus & Co., of Cincinnati, $122,000 498 000 a Sale—The 172, Frank a 1950 54—were p. E. Hailstone lVks, at as basis of awarded & of Co., price of a about 1.394%. Second high bid of 100.13 for l3/4s made by the Fletcher Trust — Frank Peters, of the Board the p.m. (CST) on of Direc¬ un¬ Aug. 4 for purchase of $445,000 building bonds. Dated Aug. June 1 Parish O. Sale—The bonds offered 54 were — Sch. Dist. Winnsboro), No. school $56 000 July 14—v. awarded to 9 La. 172, p. Barrow, Leary & Co., of New Orleans/as 23/4s, at of a price of 100.01, about highest bidder was a The 2.74%. basis second J. G. Hickman Co., for 3y4s, and 3s, at a price of 100.15. Iota, La. receive sealed bids til 7:30 on on LOUISIANA Franklin works Indep. Sch. Dist., Iowa Offering June 1 inclusive. Due to 3!/4s. as Sale—The Bond IOWA Bcitendorf 1956 Due 3s. 1952 from 1957 to 1971 inclusive. Bond school offered on July $16,COO follows: as as from Frank Co., for l3/4s, at 100.62. aid bonds of Bond & nati, Bankers Bond Co.. of Louis¬ Inc., Nel¬ Rockport, Ind. Bond was Widmann Mayer, Roth & Irving Co., Co., all of Cincin¬ Weil, Westheimer & (P. to Co., Wal¬ son, O. Paragon), Ind. the Co., W. ville, Doll & Isphording Secretary Bond Sale—The $100,000 county 18—v. 172 bonds. coupon tors, will County (P. O. 1950. Bond Co., Indianapolis. Greene on of $21 000 son, re¬ on Dated July 1, 1.950. Denomina¬ tion $500. Legality approved by Ross, McCord, Ice & Miller, of In¬ dianapolis. (CST) p.m July 1, 1950. Denomination $1,000. Due 100.18, from 1 1 Sumner, Iowa cate improvement Cincinnati, July until school bonds. July 15 $13,500 Sch. Twp. bonds. Due on July 1 from 1951 to 1964 in¬ on 1951 f.om purcnase p.m. Aug. 1 for the purchase 11—v. Due 1 Ogden Indep. Sch. Dist., Iowa Bond Offering — Bids will be Hancock, Clerk-Treasurer, sealed lows: clusive. Dec. on KENTUCKY T. Town E. Offering—Geo. E. Snider. a to 1964 inclusive. Ind. Offering—O. i second Brookville), Ind. Bond Beh 2s, at as Whit- A. the Board or will receive approved by Ross, McCord, lee $500. R. R. O. D. Co., of Des price of 100.56, a basis of about 1.91%, as previ¬ ously noted in v. 171, p. 2656— Moines, of Trustees, 1950. oi inclusive. $65,000 bonds purchased by sewer revenue Hassett, of D'es Moines. Ind. Town, Offering—Fred Secretary iach, on Legality Cutler, & Details—The Sale re¬ Aug. 1 for the purchase .L/ue on l>ou. proved 1, 1950. June 15 arid Dec/15 from Chapman July 24 for the Cierk-Treasuier, will sealed bids until 8 Dated Corp., Ind. inclusive. by Chicago. of $220,000 water works refunding INDIANA was price of 101.88. of and from hospital 1 inclusive. Ind. ceive 1958 inclusive. 1.90s. as Denomina¬ Bond Offering—Arthur Town jl open,bids $1,C00. Legality approved by Bond lVes. 1961 to will 1, 1950. July Milan, follows: 1952 to 1951 approved received o and p.m. Series 1950 bonds. Dated July 1, 1950. Due on Jan. 1 from Ross, McCord, Ice & Miller, of In¬ dianapolis. + sealed (CST) on Aug. 1 |cr purchase of $110,000 electric the for the purchase of $18,000 school bonds. Dated Aug. 1 Stuart & as to 1951 47,OCO Civil Township bonds. Due on July 1 from 1951 to 1970 Aug. ing bonds offered July 18—v. 172, p. 152—were awarded to Halsey, from from 1 sealed bids until 7 p.m. Coi.nly United Twp. High Sch. Dist. No. 30 (P. O. East Moline), III. Bond July $14,000 school aid 1950 bonds. Dated Aug. 1, 1950. Denomination Bloomfield), Ind. Harris Trust & Savings Bank, Chi¬ bonds. on of O. {P. 3 Kauder, Trustees, ox revenue, bonds. (CST) High Township Co., of Milwaukee, ant. Bacon, Whipple & Co., of Chicago jointly, as 2Vis, at a p. ice oi 1C0.16, a basis of about 2.23%. basis inclusive. Township ceive County receive will until Board Harlan, la. School $53,100 Le¬ Chapman by approved follows: 1958 on Due on Dec. 1, 1950. Cutler, of Chicago. County Sch. Dist. No. 115 O. Princeton), III. from! jointly, Aug. Sch. Aug. 8 Continental Bank Northern Dist. 1967 inclusive. Canada Due on until ing bonds offered July 14—v. 172, 1951 to 1970 inclusive. Dist. June gality (P. to 1970 inclusive. 141,000 Lancaster a 13,500 Civil Twp. bonds. Bureau $500,000 Whittier Union High Sch. 158.000 the Bond Due National from 1951 to 1953 inclusive. Chicago. lows: bonds. bids (Calif. a.m. July 25 for the purchase of $962,000 bonds, divided as fol¬ 79 000 at National on Dist. re¬ Aug. 1 for the purchase of $107,000 judgment funding bonds. Dated July 1, 1950. Denom¬ ination $1,000. Due on July 1, 1970. Principal and interest (J-J) pay¬ Las J. sealed (CST) Herrington, of San Fran¬ Offering—Harold City Comptroller, will ceive cisco. Bond First the 1:30 p.m. the of follows: as were Chicago, at a price oi basis of about 1.72% of will Trustee, inclusive. 17 Bend Ofiering—Wm. L. Clerk the Walter O. — $40,OCO school July Legality approved by Ross, McCord, ice & Miller, of Indianapolis. ILLINOIS Sept. 1, 1950. Denomination Sept. 1 The — offered bonds 1951 Atlanta. school coupon or registered bords. on Sale to in¬ interest New (EST) a.m. the interest Kings $1,000. Due site Due 1975 $4,250,000 school coupon or registered bonds. Dated July 1, 1950. Denomination $1,000. Due on July 1 from 1951 about 2.96%. Dated of was O. Hinsdale), III. (P. lr Legality approved by Chap¬ & Cutler, of Chicago. until ior Savings Asso¬ Francisco, on a bid net bidder highest of Bond O-fering — Wm. Henry Shaw, Secretary County Board oi Education, will receive sealed bids a on National Trust & bids until 10 purchase Musccgee County, Coun'.y School District (P. O. Columbus), Ga. est bidder was the Bank of Ameri¬ ciation, San reflecting a 1965 to 1968 inclusive. 3, July 31 for the purchase $100,000 school bonds, divided (CST) Page County Sch. Dist. No. 181 $130,000 The $73,000 school July 18 — v. 172, p. to 1 R. R. bids until 1970 Bond as of about 2.66%. The second ca (EST) — awarded Nov. on GEORGIA Talbot, of San Francisco, bid II Blairsburg Con. Sch. Dist., Iowa Bond Oi Ik ring—narru iL. b.af- elec- Ind. Township Sprinkle, waukee Dated Trust City), Calif. bonds offered Da Bond -James revenue. fiom 1 Delphi), receive sealed 152—were awarded to William Blair & Co., of Chicago, M 1- Principal and payable at the (A-O) Lag acta: Salada Union Elem. School the Denomination April City. for water Midland (P. Due Antioch), 7:30 p.m. until 27 clusive. bonds. District 1 p. Offering certificates. 1950. $1,935,000 Bakersfield School Dis¬ 90,000 Tehachapi School Nov. on O. (P. Offering Bond 1964 inclusive. to second Sch. flic'eah, Fla. on til Aug. 14 for the purchase of $2,as 1 Halsey, Stuart & Co., for 1 %s, at a price of 100.18, a basis of aoou. the di¬ Goodiet; City Clerk, will receive The County 055,000 bonds, divided 9 FLORIDA Csvn'y Sch. Dists. Clerk v/ill receive sealed Due 2s. as Nov. on ing bonds offered July 19—v. 17z * — 1961 from The Due 196J inclusive. to 1 %s. as 75,000 90,000 Lre department bonds. Ccrlifkat:* Offering 1951 from follows: as CALIFORNIA Bond until bids by approved (P. O. Bahersfield), 80,000 UiiS. as from 1 on Aug. 2 for $490,000 bonds, a.m. Chapman & Cutler, of Chicago. Kern $200,000 $400,000 hospital bonds. the of sealed ! $230,COO build¬ Twp. 108.87, Springs, Colo. Ind. Saie—Tne ; Sale—The $355,000 Bank, Offering—The City Clerk receive vided (J-J) payable District, in interest and the at on Bond Co., botn of St. Louis, and Mui- j second highest bidder was City laney, Wells & Co., of Chicago, ; Securities Corp., Indianapolis, for jointly, at a price of 100.75, a basic j 2%, at a price of 100.65. of about 1.61%, as follows: Jackson Dated Colorado $3,500,000 of 1950. 15, COLORADO will receive sealed bids until (MST) on July 28 for.the No. 4 coupon 0. (P. 1.73%. Sept. i & Herrin«ton' of San Francisco. a.m. issue 4 awarded Bond Offering—A. L. Monette, Secretary of the Board of Direc¬ purchase on Denomi¬ nation $1,000. Principal and inter¬ est (M-S) payable at the County Treasurer's office. Legality ap¬ proved by Orrick, Dahlquist, Neff (P. O. Phoenix), Ariz. JO Due bonds. No. trie utility revenue bonds offered | ford, Dist. Secretary, will receive July 14—v. 172, p. 152—were j sealed bids until 2 p.m. (CST) on ing bonds offered July 14—v. 1 <2, ! awarded to John Nuveen & Co., July 27 for the purchase of 3140,000 building bonds. p. 58—were awarded to A. G. Ed¬ j oi Cnicago, as/2V&s, at a price of wards & Sons, Newhard Cook & ! 100.66, a oasis of aoout 2.4z%. The Cascade, Iowa on clusive. Improvement and Power Dis.. tors, school Dated inclusive. 1958 to Due Sept. 15 from 1951 to 1975 in¬ Denomination $1,000. Salt River Project bonds. Dist. Chcmpaign), III. Sept. 15 from 1951 to 1975 inelusive. DeSouza, Clerk of the Board of Sunervisors, will receive sealed bids until 2 p.m. (MST) on Aug. 10 for the purchase of $82,000 i school Sen. Bond Aug. 7 for the purchase of $1,525,OCO coupon or registered bonds, j divided as follows: Maricopa County, Phoenix Union High Sch. Dist. (P. O. Phoenix), Ariz. Ecadl Of f eri County (P. O. Martinez), Calif. Eor.d Offering — W. T. Paasch, 2.71%. about of cost Costa Con.ia Greenfield, Champaign County Community Unit Unified Sc!t. Dlst., Pittsburg bid reflecting a net a 1951 to . Co., all of Birmingham, and Thorn¬ on from 1 Dated Au3- h 1S50. DenominaDon $1,000. Principal and interest if'A) payable at the County 'treasury. ton, Mohr & Co., of Montgomery/ jointly, Aug. on 1367 inclusive. bonds offered July 13 were cd Due , A'a fered utility July 14 water bonds of¬ awarded to were Newman, Brown & Co., of New Orleans, at a price of 100.01, a basis of about $34,000 3.32%, 3V2S. as as Due follows: on A.ug. 1 from 1952 to 1963 inclusive. 36,000 3V4s. as from 1, 1950. Due $70,000 revenue Due on Aug. 1 1964 to 1970 inclusive. on Dated Aug. 1, 1950. Legality ap¬ Caldwell. Marshall, of Nov. 1 from 1951 to 1969 inclusive. price of Legality approved by Chapman & Trimble & Mitchell, of New York Cutler, of Chicago. City. basis of about 1.74%. proved by Number 4927 Volume 172 July 12—v. 172, p. offered awarded 04—-v>tu to group a interest net a Hillcrest _,..u about of cost 2.578%, as follows: 19oi 1966 to 234s. 100.0C0 2V2s, at Due 1 July on offered notes inclusive. Mass. Lexington, No. Subrocd District Parish (P. O. Rayville), La. 11 Offering Bond R. — Secretary cf the Police Jury, will sealed bids until 10 a.m. (CST) Dated tion Aug. 8 for the pur¬ $150,000 road bonds. on oi S1,0C0. 1951 1970 to approved 1950. 1, Sept. Denomina¬ Sept. 1 from Due on inclusive. 1 "/4s, at a price of of about Town 15 of $175,003 divided as bonds, works follows: bonds. Due on Oct. 1 £84.000 tax 91.000 inclusive. 1951 to 1970 from from 1 Oct. Due on 1951 to 1975 in¬ ' bonds. revenue clusive. 1, 1950. Denomina¬ Legality approved by Chapman & Cutler, cf Chicago. Oct. Dated tion $1,000. {VIA! ME Auburn, Me. 1951 City Manager, will receive sealed bids until noon (DST) on July 25 purchase of $160,000 school coupon bonds. Dated June 1 from 1951 to 1970 inclusive. Principal and interest payable at the Mer¬ chants National Bank, Boston. Le¬ for the gality approved by Storey, Thorn dike, Palmer & Dodge, of Boston. on remodeling bonds 1 from 1951 tc Aug. inclusive. Dated Aug. 1, 1950. Denomina¬ Principal and interest payable at the Merchants National Bank, of Boston. Legality ap¬ proved by Storey, Thorndike, Palmer & Dodge, of Boston. tion $1,000. Lynn Authority, Housing series 172, p. 241—were awarded to J. P. Morgan & Co. Inc., of New York, and the Second National Bank, of Boston, jointly, at 0,93% interest, plus a premium of $13. The sec¬ ond highest bidder was Chase National Bank, New York, C. J. & Co., and & Ilutzler, Salomon Bros. jointly, at 0.97% inter¬ est, plus a premium of $20. Med ford, Note Sale—The July 20—v. 172, p. to the Union offered bonds awarded 240—were Securities Corp., of 2s, at New York, as price of 101.80, a basis of a Mass. Beverly, ticipation Sale—The $50,000 munic¬ Bond of par. Boston, as Is, at a price Bonds dated are July 1950. 1, Denomination $1,000. Due on July and 1952. Principal and interest (J-J) in 1951 July on until for 25 11 the $60 000 water loan bonds. Dated Aug. nomination $1,000. (DST) a.m. purchase of 1950 coupon 1, De¬ 1950. Due Aug. 1 on 1965 inclusive. Prin¬ from 1951 to and interest payable at the Shawmut Bank of Bos- Ion. Legality approved by Storey, Thorndike, Palmer & Dodge, of Boston. Peabody Housing Authori'y, Mass. Note mault, State Offering—Alban Chairman, bids sealed at the E. will office Arse- receive of the Housing Board, 18 Tremont Street, Boston, until 11 a.m. (DST) Legality on July 27 for the purchase of anproved by Ropes, Gray, Best, $715,000 Third Series notes. Dated Coolidge & Rugg, of Boston. Aug. 9, 1950. Due on Jan. 31, 1951. Braintree Housing Authority, Mass. Principal and interest payable at Note Offering Frank L. — the Second National Bank, of Bos¬ by Sulli¬ van, Donovan, Heenehan & Hanoffice of the rahan, of New York City. State Housing Board, 18 Tremont Revere, Mass. Street, Boston, until 11 a.m. (DST) on Bond Sale—The $153,000 bonds July 27 for the purchase of $880.0C0 Second Series notes. offered July 12 were awarded to Dated Aug. 9, 1950. Due on Oct. 31, Paine, Webber, Jackson & Curtis, 1950. Legality aopproved by Sul¬ and Estabrook & Co.,, both of livan, Donovan, Heenehan & Han- Boston, jointly, as 2s, at a price bids sealed at receive will Chairman, County (P. Ess^x basis of about 1.862%. Second high bid of 100.165 for zs was made by Coffin & Burr, of O. Boston. House loan, bonds offered July awarded Act of 1950 18—v. 172, p. to Estabrook Co., and Robert Hawkins & Co., both of at price a Boston, jointly, 100.27, of a as l%s, basis of 1.72%. about Bond Sale — The $lo0,000 water offered July 19—v. mains bonds 172, 240—were awarded to F. S. p. Moseley & Co., of Boston, as l3/4s, at a prme of 101.07, a about 1.60%. basis of Twps. Taunton, Mass. Offering—Thomas F. Corr, Offering oil, jo-nuy, as 2s, at a pme a basis of about l.a4%. second highest bidder was The Ryan, Sutherland & Co., for 23As, l%s, at Bend Ci.y a price of lOO.OUf. Oak, Royal Mich. Offering—Gladys Holmes, Clerk, will sealed receive bids unitl 7:30 p.m. (EST) on July for street the purchase of $157,000 improvement coupon bonds, divided 1 Philip F. Al- — dc follows: as 146,000 on Jan. 1952 to 1958 inclusive. from Series 2 bonds. Due ort Village lard, bids until 8 sealed City Offering Bond Wilfred J. — Clerk, bids Ishpeming, Mich. 24 until for will 8 receive (EST) purchase of p.m. the sealed July $45,000 on Special Assessment Roll No. 50-1 receive paving bonds. Dated July 15,' 1950. (EST) Denomination $1,000. Due on July build¬ on July 27 for the purchase of 15 from 1951 to 1955 inclusive. ing bonds offered July 18 were $675,000 general obligation water awarded to Jones B. Shannon & Principal and interest payable at coupon bonds. Dated July 1, 1950. the City Treasurer's office. Legal¬ Jo., of Detroit. Denomination $1,000. Due on April City Brewer, sealed a*e nanus April 1, 1950. Due Oct. 1 1865 inclusive. Prin¬ uated Denomination $1,000. .rem 1951 to cipal and interest (A-O) payable Detroit Trust Co., Detroit. the Stone, of Detroit. neid, Padaock & 1 1953 from will Clerk, until bids 7:30 p.m. inclusive. 1979 to Principal and interest (A-O) pay¬ able at be to bank a or trust company legality approved by Miller, Canaeld, Paddock & Stone, of Detroit. Caledonia Rural Agricultural Sch. Sale Bond — The $145,000 site are dated July 1, Denomination $1,000. Due on 1951 from July — were — by Miller, Canfieid, MINNESOTA , The $92,000 street Madison to Frac. (P. O. Manhato), Minn. Sale—The $275,000 build¬ ing bonds offered July 19—v. 172, p. 241 were — July Northern E. H. Kalamazoo. Township Blue Forth County Sch. Dist. No. 1 Bond bonds offered awarded Schneider & Co., of Rural Agricultural Sch. Dist. No. 1 (P. O. San Creek), Mich. 1950. inclusive. 1966 to 17 Detroit. & Co., of Sale improvement building bonds offered July were awarded to Jones B. Bonds 1 Bond Dist., Mich. ity approved Faddoek & Stone, of Detroit. designated by the purchaser, Kalamazoo, Mich. Bond Offering—Edith A. Cadoo, Secretary of the Board of Educa¬ Principal and interest payable at the Caledonia State Bank, Cale¬ tion, will receive sealed bids un¬ til 8 p.m. (EST) on July 25 for the donia. aurchase of $150,000 school coupon Clinton and Harrison Twps. Frac. bonds. Dated June 1, 1950. De¬ Union Sch. Dist. No. 1 (P. O. nomination $1,000. Due on April 1 Mount Clemens), Mich. from 1951 to 1965 inclusive. Prin¬ Bond Sale — The $1,500,000 cipal and interest (A-O) payable Trust awarded Co., to the Chicago, Shaughnessy & Co., of St. Paul, and the C. S. Ashmun Co., of Min¬ neapolis, 100.30, of jointly, at a price of basis of about 1.89%, as a follows: $60,000 IV2S. as from 50,000 l3As. as from 165,000 Due on Aug. 1 1953 to 1958 inclusive. 1959 as Due 1963 to 2s. Due on Aug. 1 inclusive. on Aug. 1 from 1964 to 1970 inclusive. The John second Nuveen highest bidder was & Co., and Mann- heimer-Egan, Inc., jointly, for 2s offered July 19— at a bank or trust company to be and 13/4s, at a price of 100.01, a 153—were awarded to a designated by the purchaser. Le¬ basis of about 1.90%. syndicate composed of the First gality approved by Miller, Canof Michigan Corporation, of De¬ field, Paddock & Stone, of Detroit. Clay County Indep. Sch. Dist. No. 4 (P. O. Hawley), Minn. troit, Braun, Bosworth & Co., Inc., Bonds are dated Aug. 1, 1950. Bond Sale—The $150,000 build¬ Stranahan, Harris & Co., Inc., of Denomination $1,000. Due on Toiedo, R. S. Dickson & Co., John ing bonds offered July 13—v. 171, April 1 from 1951 to 1968 inclu¬ Nuveen & Co., both of Chicago, p. 2558—were awarded to the Al¬ sive. Principal and interest (A-O) and McDonald-Moore & Co., of lison-Williams Co., J. M. Dain & payable at a bank or trust com¬ Detroit, at a price of 100.01, a basis Co., and Piper, Jaffray & Hoppany to be designated by the pur¬ of about 2.18%, as follows: wood, all of Minneapolis, jointly; chaser. Legality approved by Mil¬ $1,370,000 as 2y4s. Due on April ler, Canfieid, Paddock & Stone, of at a price of par, a basis of about 2.64%, as follows: 1 from 1953 to 1966 inclusive. Detroit. 130.000 as l%s. Due on April 1, $90,000 as 2V2S. Due on July I 1967. Muskegon, Mich. from 1953 to 1961 inclusive. building bonds v. 172, p. Davison, Bond Bond Mich. Sale—The $183,000 water suoply and sewage tem refunding and bonds revenue disposal sys¬ improvement 17— offered July 241—were awarded to the First of Michigan Corporation, of Detroit, at a price of par, a basis cf about 3.08%, as follows: v. 172, p. Due on Sept. 1965 inclusive. $89,000 as 3J/4s. Px>m 1954 to 94,000 $100,000 County Court £z Legality approved of 100.699, a Mass. Salem), Bend Sale—The £40—were ton. Bond were 1U0.26, $11,060 Series 1 bonds. Due Woods, Mich. Pointe Sale—The $120,000 Bond the rahan, of New York City. Detroit. Township Sch. Dist. No. 3 jhannon will receive of Evely, & Barbier, & (P. O. 430 East Auburn Road, Rochester), Mien. Offering—Patrick M. Ca- National Bank, of Boston. Heaney, Avon 18 bids Savings 2.15%. about and Mass. and 13 Clerk, will receive Jan. 1 from 1952 to 1954 in¬ p.m. (EST) on clusive. Aug. 1 for the purchase of $12,000 Dated Aug. 1, 1950. Denomina¬ Special Assessment Roll No. 69, Bond Sale—The $98,000 build¬ tion $1,000. Principal and interest improvement coupon bonds. Dated ing bonds offered July 13 were (J-J) payable at tne Detroit Trust July 1, 1950. Denomination $1,000. awarded to H. V. Sattley & Co., of Due on July 1 from 1951 to 1954 Co., Detroit. Legality approved by Claude H. Stevens, of Berry, Stev¬ Detroit, on a bid reflecting a net inclusive. Principal and interest interest cost of about 2.07%. The ens, Barbier & Evely, of Detroit. (J-J) payable at the Detroit Trust second highest bidder was HarriTraverse City, Mich. Co., Detroit. Legality approved by man Ripley & Co.. Inc., on a bid Miller, Canfieid, Paddock & Stone, Bond Offering—C. L. Anderson, reflecting a net interest cost of of Detroit. ' 1( 27, 1950. sealed Custer in¬ July ivici>onalu-Moore Ii. V. Sattley & Co., bofft 1950. 1, Commercial Grosse Riverton, Due on 1953 to build¬ $8o,u00 offered to cf Deb 2s and Aug. Stevens, Sco.tviile Frac. Sch. Dist. No. 6 (P. O. Scotivilte), Mich. County National Bank, cf Everett at 0.76% discount.- Due on Ocm payable at the First 1 Padoock 1951 Bank, Flint. Legality approved by Claude H. Stevens, of Berry, of Detroit. Amber, Middiese> the to awarded were July offered notes an¬ National ipal relief loan, Act of 1949 bonds offered July 20 were awarded to the Second National Bank, of nation Legainy Canfieid, in¬ Denomi¬ $l,00u. Principal and in¬ (J-D) payable at the Citi¬ terest 19j1 i^tLioit. Sate—me bonds wo., and of from 1 Dated the National Bank oi approved by at payaoie 1952 to clusive. to 1955 inclu¬ Principal and interest (M-S) from 1 1950 Community Dist., Mick. Sch. Bond Due on bonds. from 1 Dec. zens Sept. sive. Onstcd ing 600,000 Series 2 bonds. Legality approved by Miller, Can- Mass. cipal 1.78%. about Petty, Denomination at $600,000 tax hill, City Treasurer, Safe—The $225,000 school Mass. of Detroit. clusive. Don bonds. Dated Aug. 1, 1950. $1,000. Due on coupon $1,040,600 third offered Jul.y 20—v. notes Bond Bedford, Mass. Mich. Offering—R. Village Clerk, will receive sealed bias until 7:30 p.m. (EST) on July 2o for the purchase of $160,000 street improvement, Spec. Assmt. Sale—The Note Peabody, MASSACHUSETTS Bond Allen Park, Bond and the City ot inclusive. 1970 to J-J. Legality approved by Miller, Canfitiu, Paddock & Stone, awarded $900,000 Series 1 53 terest An¬ follows: as Dec. Miner, house addition Due on Aug. 1 Lom bonds. Eevine Offering—Bernal B. Allen, Lor d divided $100,003 school 1960 L. Harrington, purchase the lor water oas.s a Mich. Dist., Education, will receive sealed bids until 8 p.m. (EST) on Aug. 8 lor the purchase of $1,500,000 general building and site coupon oonus, a MICHIGAN _uone, Due (CST) on Aug. a.m. 101.34, 1.57%. 55,000 school receive sealed will Clerk, unt.l 10 bids awarded to consisted of: Sale Vinton, La. — were & Co., and Lyo..s & Shafto, both of Boston, jointly, as Legality mcht, of St. Louis. Bond Offering July 20 W. E. Hut.on $155,000 bonds & Trauer- Charles by Sale—The Bond ofiereu Downes, receive chase 1975 1951 to Sch. Offering—Joseph A. derson, Secretary of the Board of $752,000 first series notes, plus premium oi $23. a price Aug. 1 from on Bond fol¬ were inclusive. from 1967 to 1970 Richland Mass. 18 as lows: $50,000 water July Flint of Boston, interest, 1,640,000 third series notes, plus a premium of $13. Co., of Boston, of iUi.jy, a oasis of about 2.36%. Dated Aug. 1, 1950. inclusive. Due District, The — 30, 1951. National Bank, jointly, at 0.93% awarded to Tyler & as Due on July 1 from £300,000 loan March on Water Sale Note Worcester County of Worcester, at 0.75% Due discount. 6mp., Jones, — to tne Trust Co., Nashville, Scharl'f & Glas & Co., both of New Cneans, on a bid reflecting rities Trie $400,030 reve¬ offered July 18 were notes nue awarded of the Equitable Secu¬ comp^vj Sale Note Second Mass. Fitchburg, 1 Sale—The $400,039 school Bond bonas (333) The Commercial and Financial Chronicle . O. Rayville), La. P. ^ . Dist. No. Sch. Richland Parish . as from 3s. Due 1966 to on Sept. 1973 inclusive. 1 City Offering Clerk, — will R. F. Cooper, receive 60,000 (EST) on July 20 of $25,000 special assessment, paving bonds, divided bids until 2 p.m. East for the purchase as follows: $10,000 Dist. Due on Dist. Due bonds. 1951 to Dated Due on July 1 Grand V Forks, Minn. Offering—The City Clerk sealed bids until receive (CST) on Aug. 4 for the purchase of $165,000 water works p.m. on H-434 bonds. April 1 from 1951 to No. bonds. Hennepin No. 51 April 1, 1950. Denomina¬ County Con. Sch. Dist. (P. O. Pdedicine Lake), Minnesota 1960 inclusive. 1 23/4s. 1965 to 1972 inclusive. inclusive. 1959 15 000 Bond will 8 No. K-280 April 1 from as from sealed Bond Sale—The $94,000 build¬ Principal and interest ing bonds offered July 18—v. 172; Detroit, Mich. p. 153—were awarded to the Alli¬ (A-O) payable at the City Treas¬ Jr., City Treasurer, will receive Bond Sale—The $364,000 Special son-Williams Co., J. M. Dain & urers office. Legality approved sealed bids until 11 a.m. (DST) Assessment bonds offered July 19 Co., and Piper, Jaffray & Hopby Miller, Canfieid, Paddock & on July 25 for the purchase of —v. 172, p. 241—were awarded to wood, all of Minneapolis, jointly. Stone, of Detroit. $300,000 notes. Dated July 27, Braun, Bosworth & Co., Inc., as Hennepin County Indep. Sch. Dist. 1950. Denomination $50,000 and Northfield Twp. Sch. Dist. No. 11 13/4s, at a price of 100.09, a basis No. 24 (P. O. Robbinsdale), $25,000. Due on Dec. 12, 1950. Le¬ of about 1.71%. (P. O. Whitmore Lake), Mich. Minnesota gality approved by Storey, Thorn¬ Bond Offering — Paul Andress, Additional Sale—The $1,780,000 Bond Offering — F. C. Bayard, dike, Palmer & Dodge, of Boston. tax Secretary of the Board of Educa¬ anticipation notes offered on District Clerk, will receive sealed above date were awarded to the tion, will receive sealed bids un¬ Watertown Housing Authority, bids until 7:30 p.m. (CST) on Aug. Manufacturers National Bank, Na¬ til 8 p.m. (EST) on July 25 for the Massachusetts 9 for the purchase of $250,000 tional Bank of Detroit, Detroit purchase of $50,000 building cou¬ Note Sale—The $2,372,000 notes building coupon bonds. Dated and the Commonwealth pon bonds. Dated Aug. 1, 1950. offered July 20—v. 172, p. 241— Bank, Denomination $1,000. Due on July Aug. 1, 1950. Denomination $1,000. Bark, all of Detroit, jointly, at were awarded to J. P. Morgan & 1 from 1951 to I960 inclusive. In¬ Due on Aug. 1 from 1953 to 1965 1 y8 % interest. Co. Inc., of New York, and the Note tion $100. 54 The Commercial and Financial Chronicle (334) Trommald, inclusive. Principal and i terest any suitable l^.jkmg institution designated by t e pur¬ chaser. Legality approved by Dorsey, Colman, Barker, Scott & Bar¬ ber, of Minneapolis. payable Hennepin County Con. Sch. Dist. No. [ (P. O. 2345 Honkins M'nnejtr *.is 133 Cross Road So-, ler, until bids 8 Granite (CST) p.m. 28 for the purchase of building coupon bonds. Dated Aug. 1, 1950. Denomination 51,000. Due on Feb. 1 from 1952 Legality inclusive. 1971 to 1/2 v of (P. O. Mound), Minn. Certificate Offering—S e a 1 e d (CST) p.m. until received be Dated cates. 1952 from 1955 inclusive. to Slocum, Village Clerk, will receive sealed j (CST) on Aug. 14 $7,500 street improvement bonds. Dated Aug. 1, Bank Due 1950. Nov. 1 from 1951 to on Principal and in¬ inclusive. 1955 payable at the State Bank of Madelia. terest Farmers (CST) on Aug. 1 for the purchase of $12 500 fire and police equipment bonds. Dated Aug. 1, 1950. Denomination 51,000, except one for $1,500. Due on Aug. 1 from 1953 to 1954 inclu¬ bids until 8 p.m. sive. Interest F-A. Minnehaha County Sch. No. Dist. County Sch. Dist. No. 4 (P. Offering sealed — receive will 8 until bids Alma Thomp¬ Clerk, District (CST) p.m. purchase of bonds. Dated Aug. 1, 1950. Denomination 51,000. Due on Aug. 1 from 1955 24 for school July on 510,000 No. 59 Sch. Dist. (P. O. Rochester), Minnesota Sale—The Bond build¬ $68,000 241(—were awarded to Piper, Jaffray & Hopwood, and J. M. Dain & Co., both of Minneapolis — bonds Bond District Clerk, will receive sealed bids until 8 p.m. (CST) on Aug. 3 for the ing bonds. coupon Dated Aug. $1,000. Due on suitable any pany ers. & interest payable at bank l.%s, at as price of 100.14, a basis of about 1.71%. Bound Brook irokaw, rive i e r Legality approved by Faegre Dist., J. N. Clerk, bids will until 8 ing bonds awarded offered to the Bank, of St. Paul, of 100.15, The First a second and as G highest Jan. on Bank, of Duluth, for 2s, at of 100.10. 15 from Evans North 1951 to a price 1959 1.55% 1960 1.60% 1961 1.65% 1962 1.75% _1 000. Due on July 28 for the purchase $468,000 school coupon or regisbonds. Dated Aug. 1, 1950. of the at First Bound National Brook. pay- Bank Legality ap- >roved by Hawkins, Delafield & tVood, of New York City. sealed bids Bond Sale—The $734,000 bonds 172, p. 241— 'ere awarded to Boland, Saffin & 'o., Granbery, Marache & Co., oth of New York, and Van De:nter Brothers, Inc., of Newark, ointly, as 1.80s, at a price of 00.17, a basis of about 1.77%. ered July 19—v. Newark, N. J. Bond Offering — M. Ellenstein, hector of Revenue and receive (DST) irc^ase sealed Finance, bids Aug. on until for 2 the of $2,951,000 coupon or bonds, divided as fol- gistered ows: bonds. Denom. Fire school bonds. Due coupon Dated 1951 to Due obligation Aug. 15 from Due on 1951 1970 Dated Aug. 15, 1950. Denomina- $1,000. Principal and interest City receive Chamberlain, sealed (DST) July on until bids for 26 will 11 a.m. the pur¬ chase of $100,000 street, sewer and Legality approved by Mit¬ chell & Pershing, building 1950 bonds. 1.80% Conway, Sale—The Bond 1.95% awarded from 1951 to cipal All of the bonds interest and State (J-J) Falls offered Bank Hoosick Falls, N. ffered vere July Principal and interest (J-J) payable at the Peonies-First Na¬ City. Bond Sale truck 1950 172, —v. p. $18,000 a 1.60s, at as Trust 60s, at if about a Co., No. 1 Central (P.O. p. 55— Fidelity Newark, price of 100.25, a as basis Bond Offering—R. District Clerk, bids until A. on building 1950 regis¬ coupon or Dated $1,000. Due Bond Principal and interest (F-A) able at the Marine Midland Trust E. J. Hooten, bonds. on June clusive. Dated June 1 from 1, 1950. 1951 Legality to 1970 approved Due in¬ , by Legality ap¬ Vandewater, Sykes, of New York County (P. O. Mineola), N. Bonds Publicly $19,189,00(T^.10% as 100.09, a Hutzler, jointly Y. Offered $18,000 — , The O. C. E. of 1.65%. The at a 49,000 Due on June 1957 inclusive. Due 2%s. on 1 1 3s. Due on June 1 from 1976 inclusive. to Due on June 3145. as from 1983 to 1977 1 inclusive. Morgantown, N. C. Offering—W. E. Easter- July 17 ling, Secretary of the Local Gov¬ ernment Commission, will receive to sealed bids at his office in offered Co., 1.70s, as basis a at of a about The second highest bidder Co., Buffalo, 1.70s, as price of 100.002. Bond Offering Village sealed until 11 the a.m. (EST) purchase — will Treasurer bids until 2 Raleigh, July 25 for $400 000 of water bonds. Dated June 1, 1950. coupon Denom. $1,000. Due on June 1 from 1952 to 1976 inclusive. Principal pnd invest (J-D^ Y. Clement C. on oayable in New Legality approved by Mitchell & Persuing, of New York City. p.m. NORTH DAKOTA July 28 for the purchase $38,000 fire fighting equipment Dickinson, N. Dak. (DST) of June 1958 to 1964 inclusive. as 1965 Bond fire 2V2s. 56—were awarded 100.14 Trust a 84,000 Y. $18,000 the Manufacturers and Trad¬ was Securities First the 1952 to as from & Trust Mills, N. — bonds p. Holland price p. price of basis of about 3.04%, as as 49,000 1950 on coupon or registered payable the at Bond bonds. Potsdam bids until for 31 7 the Note Sale—The $1,068,000 notes o^ered ley July 18—v. 3 72, p. 242— awarded to the Genesee Val¬ were Trust 0.85% Co.:*Vjbf Rochester, Mavs, purchase of $38,000 fire fighting Due equipment Aug. 1 from 1953 to 1962 inclusive. Y. N. p.m. D. receive sealed (MST) on July bonds, divided as follows: bonds. Rochester, D. — Auditor, will $20.0^0 Co., Potsdam. Offering City on 18,000 community building bonds. Due on Aug. 1 from 1953 to 1961 inclusive. at Dated discount. Aug. 1, 1950. Denomina¬ tion $1,000, Speculator, N. Y. Offering—Robert Bond born, Village ceive sealed (DST) on of $38,000 1950. bids until 1950 water bonds. Os- 2 re¬ p.m. 1 from couoon Dated Denomination July Tn*tle. T. will July 27 for the purchase registered on Treasurer, Principal payable ,;%tt to and the in¬ bonds was award¬ recently to the Bank of North ed Dakota, of Bismarck. OHIO Bettsville Local Sch. Dist. Bond ing gality aDproved awarded Sykes. Heckler New York -City: by & Vandewater. Galloway, of (P. O. 3, Tiffin), Ohio Sale—The $70,000 build¬ Route ^interest I Hamilton! issue of $5,000 fire department 1, Due 1970 Dak. N. Sold—An July $1,000. 1951 or Bonds County National Bank. Wells. Le¬ V in bonds offered 242 — were 172, Durham, from — interest, plus at York 1950 172, (J-J) Nassau of Hanover Bank Sale Bond clusive. City. by Tallmadge & Tallmadge, of Den¬ ver. Co., New York City. pay¬ (P. system v. to awarded Corp., awarded were & Bros. truck on Offering — County — in premium of $50, and $1,967,000 at 0.98%, plus $32.78. ... 18 maturing 12, Aug. 1, 1950. Aug. 1 from 1951 to 1980 inclusive. 1 follows: Bank & Trust July 27 for the purchase of $1,509,000 months, Knapp, (DST) p.m. June on Sanford), N. Offering—W. sewer July follows: will receive sealed 2:30 tered bonds. 1.56%. 6% July on (F-A) Youngstown), N. Y. the of Dist. Porter tary City Housing Dated Aug. 1, 1950. Denom. $1,000. Due on Aug. 1 irom 1951 to i960 inclusive. Principal and interest basis of about 1.58%. and Lee the in Sale—The $9,467,000 notes receive price of a Due 2s. as Bond York Coleman, 242—were awarded to Lewiston 172, to Note fire the Oystermens Bank & Trust Co., Sayville, 10,000 York City. July 19 June 1 from on Na¬ die fo'iowiup* were Potsdam, N. offered bonds York New of Chase Authority, N. Y. Y. The — Due 1968 to 1979 inclusive. EasterCorp.; Harris Trust & Chemical Bank & ling, Secretary of the Local Gov¬ Trust Co.; Salomon Bros. & Hutz- ernment Commission, will receive sealed bids at his office in Raleigh, ler; Stone & Webster Securities until 11 a.m. (EST) on July 25 for Corp.; A. C. Allyn & Co., Inc.; Lee Higginson Corp.; Reynolds & Co.; the purchase of $82,000 school Hall & Co.; Laurence M. Marks & building, Series C coupon bonds. Co.; Roosevelt & Cross, Inc.; Fran¬ Dated June 1, 1949. Denomination Due on June 1 from 1957 cis I. duPont & Co.; American Se¬ $1,000. curities Corp.; Bartow Leeds Co.; to 1979 inclusive. Principal and (J-D) payable in New Wm. E. Pollock & Co., Inc.; R. D. interest White & Legality approved by Co.; Qoodbody & Co.; York City. Mackty, Dunn & Co., Inc.; Free¬ Reed, Hoyt & Washburn, of New York City. man & Co.; Sills, Fairman & Har¬ ris, Inc.; Tilney & Co., and Minsch, Longview, N. C. Monell & Co. Bond Sale—The $200,000 sani¬ ers N. the (P. O. Sayville Fire Dist. June 1 from on inclusive. 1967 3s. as 1 Savings Bank; the of to June on 1959 inclusive. Due 5s. as 52,000 Due 1953 to 1.960 First Boston at I slip, Bank underwriting —v. Hoosick Falls. Legality approved by Vandewater, Sykes, Heckler & Galloway, of J. 18—v. awarded tional New sive. Bank, are| York New 0.95%, plus a premium of $25, and $2,000,000 at 0.96%, plus $20. $1,000. Due July 1 from 1951 to 1955 inclu¬ 100.05, $327,000 bonds were Securities 1980 and 1981. with Co.—$2,500,000 (DST) p.m. Denomination tional in funds Central July 27 for the purchase of $15,000 equipment 1950 coupon or registered bonds. Dated July 1, Legality N. Vance 2^s. as 22,000 a Y. on on and taxes $j,000,000 at 0.97% Bond Offering—John A. Hauss- 1950. trust mon ler, Village Treasurer, will receive sealed bids until 2:30 income Chase National Bank and Salo¬ Wood, of New York City. of Newark. Sale—The water 18 basis of about 3.12%, as from State. Co., Glens Falls. Legality Sch. Bond N. C. $98,000 July the to a $14,000 legal investment for savings banks and offered payable National are present York New approved by Hawkins. Delafield & of of New York City. York Lee Peeler & Co., both Durham, and Lloyd Canady, of Raleigh, jointly, at a price of dated Aug. are interest exempt Federal and New, 15, 1950. They from July 1, 1950. De¬ Due on July 1 I960 inclusive. Prin¬ the Glens at 2.05% coupon or regis.ereu Dated oproved by Reed, Hoyt & Wash>urn, New of City. bonds nomination $1 000. National at payable Falls, N. Y. Offering — William V Gosline, the payable 'Jate Bank (F-A) Glens Bond inclusive. to 1 1956 inclusive. Prin¬ Sayville), bonds. 1950. Aug. on at the District Treasurer's office. clusive. 1,484.000 general regis¬ or Aug. 1 on Aug. 15 from 1951 to 1962 in¬ to Principal and in¬ (J-D) payable in New York City. 1.90% Dist. noon $1,000. New York .67.000 until acquisition tered & Trust Elizabeth, N. J. 1 from 1951 June on inclusive. 1969 terest 1.85% Associated Y. Offering—George A. Kerr, District Treasurer, will receive proved was 1.50% Denomination $1,- 1950. 15, Due 000. Heckler & Galloway, Natio,-->i 1.45% bonds. Dated Denomination $1,- Series B 1948. 1, 100.09, ror the purchase of $180,000 sewer bidder American i _r_ on receive Raleigh, Aug. 1 follows: bids until 8 p.m. (MST) on Aug. 7 basis of about 1.9?%. 1957 building, June (EST) a.m. 2.10% Village Clerk, will receive sealed 'na. 1.40% Easter- purchase of $750,000 school 2.20% —ire a 1.30% 1956 11 1967-9 purchase of $150,000 school or registered bonds. Dated NaLo^al 2s, at 1955 until for the 2.15% Deming, N. Mex. July First 1.20% 1973-5 re- DST) Thomson, Minn. bu'ld- 1.15% 1954 1971-2 p.m. NEW MEXICO $50,000 1953 1970 Denomination Sale—The 1.10% receive sealed (EST) on Aug. 4 for the E eied Benson, of Minneapolis. Bend sealed bids at his office in 1952 1963 E. Commission, will Corp., J. from g—Robert n District sealed com¬ purchas¬ 1% Offering—W. ernment of cipal and interest Sch. O f f Bond Jnion trust or designated by the Yield 2.05% land 172, p. 153—were awarded B. J. Van Ingen & Co., of New Jan. 1 from 1952 to 1954 inclusive. Principal and Maturity Bond ling, Secretary of the Local Gov¬ 2% 3—v. Nutley, 1, basis: 1967-8 purchase of $150,009 build¬ 1950. Denomination yield 1969 — (DST) on July 31 for the purchase of $6,000 F-A) Offering—Theo.C. Schultz, County (P. O. Shelby), N. C. Wilma Baulch, Edmeston), N. Y. Bloomingdale, N. J. Saie—The $21,000 emerguy housing bonds offered July on Ramsey County Indep. Sch. Dist. No. 3 (P. O. Roseville), Minn. Cleveland 1966 O. (P. O. Derby), N. Bond oon The $20,000 street offered July 18— p. 241—were awarded to the First National Bank, of Min¬ neapolis, and the First National Bank, of St. Paul, jointly, as 1.90s, at a price of 100.31, a basis of about 1.84%. The second highest bidder was J. M. Dain & Co., for 2s, at a price of 100.26. Sale Bond (P. following CAROLINA New 1965 Sch. Bond 11 lighting v. 172, 1 Offering Evans, NEW JERSEY jointly. Pipestone, Minn. No. Dist. tne Monday, July 24, 1950 . NORTH the by of York, and Associates, were public¬ ly re-offered by the syndicate on >riee of par. ing bonds offered July 19—v. 172, p. Cent. Lisbon New Bank 1964 Burlington highest bidder was approved by Reed, Hoyt & Wash¬ Rate Land Board, for 2Vz§, at a burn, of New York City. coupon Olmsted County Con. and coupon the 1960 inclusive. to Edmeston, Pittsfield, second ble Lyons), Minn. Bond son, by Hawkins, Delafield & Wood, of York City. — Principal and interest (F-A) O. Legality approved by New build¬ July $35,500 lenomination $1,000. Due on Aug. from 1951 to 1977 inclusive. Indep. Con. 63 pay¬ Bank, 55 were awarded to Piper, 1970 inclusive. Principal and in¬ affray & Hopwood, of Minneapq- terest (J-J) payable at the First .s, as 21/2S, at a price of 100.26. National Bank, Edmeston. Legality ork, Village Clerk, will receive sealed National First the at Callicoon. recently 1958 inclusive. 1980 to li*J0. Aug. National District Clerk, will bonds offered July 18—v. 172, ). Offering—Roy J. Tegeder, Bond able Bond Sale—The Bond s' o Mahtomedi, Minn. 1951 of (P. O. Highwood), Mont. purchase of the Aug. 1, Principal and interest (F-A) the bids until 8 p.m. for Dated purchased Chase bids until 1 p.m. The Madelia, Minn. Bond Offering — Sam made by was MONTANA houieau Le¬ gality approved by Faegre & Ben¬ son. of Minneapolis. Min- of from 1 vlinneapolis. 1, 1950. De¬ Due on Feb. 1 j Aug. Bank National Northwestern 8:30 purchase of $5,000 fire and street construction equipment certifinomination $1,000. for 1.60s for the 27 July on National to and the First National lank of St. Paul, jointly, as 1.60s, ; a price of 100.11, a basis of iout 1.579%. Second high bid of Island Park will $100,- eapolis, r0 101 bids of awarded 55—was n. First ie ap¬ & Benson, by Faegre Minneapolis. proved issue bonds. tered Denomination $1,000. Due on Falls), Minn. drainage bonds offered July 11 00 5110,000 O. (P. County Sale—The Bond July on Medicine 'eliow receive will Clerk, District sealed Offering—Clyde school of 1950 coupon or regis¬ 16), Minn. Offering—Walter R. Hee¬ Bend 1951 bonds YORK NEW Minn. Huntley, Delaware, Fremont, Callicoon, iilage Clerk, will receive sealed Cochecton and Hancock Cent. xuS until 7:30 p.m. (CST) on Aug. Sch. Dist. No. 1 (P. O. for the purchase of $10,000 Callicoon), N. Y. .unicipal improvement bonds, Bond Offering—Marion Mauer, atcd Sept. 1, 1950. Denomination District Clerk, will receive sealed vO0. Due on Nov. 30, 1952. Prinbids until 3:30 p.m. (DST) on pal and interest payable at the July 25 for the purchase of $880,.ist National Bank, Deerwood. 000 Eond at . . bonds offered June 23 were Ryan, Sutherland & to Co., of Toledo, as 2^s, at a price 101 f?Q a V»ncic rrf ahnnt 9 39 3Z, Number 4927 Volume 172 Claridon . . . July 14—v. 172, p. bonds offered Dist., Ohio g^Roy Malott, Clerk of the Boaid of Education, price Ryan, Sutherland was 2%s, at a price of lor Cain, bias & Co., receive Aug. 9 for the purchase of $55,000 Park Building Fund 1 1951 from 1 the City Treas¬ (M-N) payable at approved Legality office. interest Dempsey, of by Squire. Sanders & Cleveland. Township (P. O. Wintersville), Ohio Bond Offering — Donald Day, until noon bids sealed to 172, p. 57— syndicate com¬ 18—v. July awarded to a of Phelps, Fenn & Co., Glore, Forgan & Co., Hemp¬ hill, Noyes, Graham, Parsons, & Co., all of New York, McDoonald & Co., of Cleveland, Julien Collins & Co., of Chicago, and the National City Bank, of posed Cleveland, as l%s, at a price of Leesburg-Highland Local Sch. Dist. Leesburg), Ohio Bond Sale—The $60,000 build¬ ing bonds offered July 14—v. 172. O. 57 p. were Co., — White & awarded to J. A. Cincinnati, of as of 100.40, a basis The second high¬ est bidder was Weil, Roth & Irv¬ ing, for 2V2s, at a price of 100.15. 23/4s, at a price of about 2.21%. Local Sch. Dist. (P. Bond Wilmington), Ohio O. Offering—Albert E. Ker¬ Clerk of the Board of Edu¬ cation, will receive sealed bids un¬ til noon (EST) on July 28 for the sey, purchase of $122,000 building bonds. Dated June 15, 1950. De¬ $1,000. Due on Dec. to 1973 inclusive. nomination 1951 from 15 ond the First sas, W ichita, bonds offered July 154—were awarded to Braun, Bosworth & Co., Inc., Stranahan, Harris & Co., Inc. and Roose & Co., both of Toledo, joint¬ ly, at a price of 100.04, a basis of enue, Series B 14—v. 172, p. follows: about 2.62%, as Dueoon Dec. 1 $165 000 as 2V2s. from 1963 to from 1966 to London, Ohio Sale—The $400,000 water mortgage revenue bonds offered July 13—v. 172, p. Bond Pauls the to system sewer ment bonds on basis Of about 011 3V2s, at a cost Bond Offering until 100.13. County of .xit.i ate (P. O. Ohio — sealed ..bids noon (EsT) on Juiy 28 for purchase of $30,000 real esaonraisal bonds. rated June will ^u° receive Denomination 1950. 15, Dec. 15 from on $1,000 1951 to 195C inclusive. offered jonds National tional Bank Bank Eourth — Denomination $1,000. Due on Dec. 1 from 1951 to 1972 in¬ clusive. Legality anproved by Dempsey, & Sanders Sauire, of Dated Aug. proved Offering-— O. by Geo. J. Fagin, of Okla¬ Waynoka, Okla. receive bids until 7:30 p.m. the for (CST) Woodujard sealed on Aug. 1 for the pur¬ $325,000 county children's Dated Sept. I, 1950. Denomination $1,000. Due on Oct. 1 frem 1951 to 1970 inclusive. Le¬ on Sharon), (P. for the 25 home bonds. building bonds. 1953 from to Bond Sale — The $43 975 street improvement, Spec. Assmt. bonds July 12—v.; 172r,p.: 57— awarded to Field. Richards offered & Co., of Cleveland, as of 100.02, a basis tion coupon Sale •system 172. v. ^irst at a was on basis of about a The second highest bidder Pacific Northwest Co., Seattle, a bid 100,000 as 2y2s. reflecting net interest a cost of about 2.66%. Dated Aug. * Legality approve Churchill, Ruffin I Trafford, $50,000 bonds offered to R. C obligation general July 7 was awarded & Schmertz l%s, at a Pittsburgh, Co., ar price of 100.098. lows: John Cowan, CWk of the Board of Education, will receive sealed bids until Aug. Bond $47,000 as 2Y2s. from 1951 181.000 172,000 as from The inclusive. 2v4s. 2V2s.' Due on Dec. 1 inclusive. highest bidder was & Co.. and Merrill, second McDonald the for 16 jointly, for 21/£s, at price of 100.22. — purchase of $70,000 building bonds. Gotebo, 1966 to 1973 Turben & Co.. a to 1954 Due on Dec. 1 1955 to 1965 inclusive. as from Due on Dec. 1 Offering Bond Town Offering for the — C. G. Jung, County High Covn'y. District School Condon), Bond Sale—The offered bonds (P. O. July First 14 were National Bank, and Atkinson-Jones & Co., both of Portland, 1.78%, as $88,000 as 1951 137.000 jointly, at a basis of about a follows: 2s. to as 1954 City Brown, ceive (DST) sealed on bids inclusive. Due on Jan. from 1955 to 1960 inclusive. 1 an 26, will until re no<" school loan. A<• 1950. July 26, 1951. Denomination $5,000. Legality Du ap¬ proved by Ropes, Gray Best, Coc lidge & Rugg, of Boston. S. W. — Doty, 1952 $100,000 road bonds. 1950.. Denomina¬ issue of Dated Aug. $1,000. 1958 to 1, Due on Aug. 1 from inclusive. Principal (F-A) payable at the First National Bank or the Greene and interest Chapman & Cutler, of by of Chicago. Henry County (P. O. Paris), Tenn. Offering—J. J. Thompson, Bond County Judge, will receive sealed bids until 1 p.m. (CST) on Aug. purchase of $240,000 hos¬ bonds. Dated July 1, 1950. July from 1951 1966 to inclusive. Principal and interest (J-J) able at the Central Hanover & Trust gality pay¬ Bank Le¬ Chapman & Co., New York City. approved by Cutler, of Chicago. Jefferson County (P. O. Dandridge), Tenn. 1949, First Issue bonds. Date July on 7 1 A for the pur July 24 Offering Bond Denomination $1,000. Due on William Treasurer, chase of $100,000 of — $50,000, $10,000 and Due on Jan, 1 from 13/4s. Offering Bond (P. O. County Judge, will sell at public auction at 1:30 p.m. (EST) on Aug. pital ISLAND Cranston, R. I. Ore. $225,000 school the to awarded price of 100.04, Okla. .will receive sealed (CST) on July 25 purchase of $12,500 im¬ Clerk, bids until 3 p.m. GiWom Due on June 1 inclusive. Greeneville), Tenn. 9 for the — RHODE Due on June 1 County National Bank, both Greeneville. Legality approved Pa. Bond Sale—The issue of on about 1963 inclusive. Greene County tion Feb. 1 from 1952 on jointly, at from 1964 to 1970 of Clarence O Hazlett, of Pittsburgh. 11— of Portland, Rank price of 98.26. 2.54%. nrice Julv offered 57—were awarded to the National Due by Burgwin, The $65 000 sewer — bonds n. from 1951 to EdwaH ' — bonds. 1959 inclusive. Condon, Ore. Bond Ohio Willowick, and W. N. Estes a $140,000 as 2%s. Devore, 253 Main 1950. OREGON gality ders Offering sealed bids in care Okla. Due & Co., Co., all of Nashville, Twp. 1963 inclusive. anproved by Squire, San¬ & Dempsey, of Cleveland. bonds Street, Monon 8 p.m. (CST) on July gahela, until Aug. 2 for the pu' purchase of '$44 000 chase of $48,000 general oblige vived until Bradford Caldwell, Secretary of the Boar of School Directors, will rece'v O. Bond Offering—Bids will be re¬ chase of Pa. Sch. Dist. (P. O. Monongahela), Pa. inclusive. 4 10—v. 172, p. 156—were awarded to the Cum¬ berland Securities Corp., J. C. price of par, a basis of 2.58%, as follows: Nottingham 1950 Series revenue, offered July bonds (P. O. $47,000 general obligation July County Indeoendent No. Sale—The $240,000 water light visors, will receive sealed b' until July 24 for the purchase r of $50,000 extension bonds. Dist. Sch. Twp. Offering—Charles Weit: Bond Helen Bart- Dyersburg, Tenn. Bond 6 purchase sys+em Due from 1952 to 1971 of - the Boa**d of County Commissioners, will re"e'v^ sealed bids until noon (EST) will Chapman & gality approved by Cutler, of Chicago. Secretary of the Board of Super Offering—L. E. Washburn. Clerk Town option of the holder at the Trustee. Le¬ at the and Pleasant), Mt. Bond Clerk mess, Pleasant Mt. payable at .the Merchants Bank, Newport, or, office of the County i Ruffin Churchill, Hazlett, of Pittsburgh. Burgwin, ap¬ 1968 in¬ interest from 1 clusive. homa City. Bond Aug. 1 school Due Planters 1952 to 1971 ir Legality approved t Aug. on 1968 to 1, 1950. Legality on ing coupon bonds. Dated Aug. 1 1950. Denomination $1,000. D 196C 1970 inclusive. Jectn'c Coun+v (P. Marietta), Ohio Due from (DST) purchase of $300,000 build for the Due from 2s. as (F-A) and until 7:30 p.m. 1 from 1959 to Principal and Aug. Directors, will receive sealed bir 1, 1950. Dated Aug. clusive. Secretary of the Board of Schor oi basis inclusive. 1967 150,000 24 Washington l%s. Beisc $200,000 of issue an bonds. on inclusive. as 1950. Cleveland. all a 22 Pa. R. Parrott, W. Clerk, will sell at public a.m. (EST) on Aug. auction at 10 basis of about 1.84%. Offering—Ben (P. O. Tenn. Offering—F. Bond Bond the Due from 1953 to 2s. as 1959 Walker, \ug. 15 for the purchase of $330 100 building bonrK DntoH Sent. 1 Bank, price of 100.01, a Newport), County Meadville Sch. Dist., Co., Na¬ and TENNESSEE Cocke County Co., and W. H. Newbold's Sc a of about 1.86%, as follows: to Clerk-Treasurer of the of Education, will receiv bids until noon (DST) oi Trust the purchaser. nated by Co., both of Philadelphia, join ly, as l%s, at a price of 100.5 171, p. syndicate Tulsa, National Tulsa, at 400,000 George A. & of gener. & road 18—v. a coupon De¬ nomination $500. Principal and in¬ terest (J-J) payable at any suit¬ able bank or trust company desig¬ 16, 1950. Aug. Dated and improvement bonds 0 fered July 17—v. 171, p. 2660 were awarded to Schmidt. Po^ composed of Evan L. Davis, First Ohro Cleveland ), Juiy purchase bus and bonds. ing & $900,000 242—were awarded to Local (P. O. School District •ealed Sale—The 350,000 Warrensville Heights Village 3oard Due Tulsa), Okla. Bond The Clerk of County Commis¬ Offering Roa d 1, 1950. receive sealed (CST) on July 28 the purchase of $14,000 refund- .'** Sale—The $100,000 buile Bond 19/4 inclusive. 10 Offering—Irene Sweeney, ing Landsdowne Sch. Dist., Pa. facility access Dated Sept. 1955 purchase of $50,000 obligation coupon bonds. a.m. the Bond for will re Secretary, District the receive Tulsa County (P. O. Lebanon ), Bond for 27 limited oonds. xroin ^ Warren ,he July on $500.0U0 Pa. Offering—Frank D. Ror ceive sealed bids until July 24 K (CST) purchase of 10 S. Dak. (P. O. Ramona), District Clerk, will Glassport Sch. Dist., Maxwell bids Sch. Dist. Indep. County No. 2 bids until 8 p.m. mel, S. — Lake was of 100.67. oi Tulsa, Okla. I high¬ approved by Dorsey, Colman, Barker, Scott & Barber, of Minneapolis. gality Walter, Woody & Heimerdinger, for 3%s, at a price Bond street of price of 100.23, a basis bidder est 1.99%. about Co., of about 3.45%. The second follows: improve¬ net a (CST) on July 26 for the purchase of $60,000 sew¬ age disposal plant bonds. Dated July 15, 1950. Due on July 15 from 1953 to 1970 inclusive. Le¬ bids until 8 p.m. awarded to Fox: Cincinnati, as were & 2.39%, and $25,000 uoiiuS City Sch. Dist., Pa. — receive sealed City Auditor, will Sale—The $105,000 fund¬ Reusch 57— p. 155 p. interest cost net a bond, Small-Milas Ipswich, S. D. ing bonds offered July 19—v. 172, July 10—v. 172, awarded Co., of Wichita, $250,000 Dickson Bond Valley, Okla. Sale—The $275,000 on burn 3y2s, at a of about 3.49%. The second highest bidder 57 were awarded to Sweney was Seasongood & Mayer, for 4s, Cartwright & Co., of Columbus, at a price of 100.12. Fahey, Clark & Co., and PresOKLAHOMA cott, Hawley, Shepard & Co., both of Cleveland, jointly, at a price of Caddo Coun*y Indep. Sch. D'st. par, a basis of about 2.41%, as fol¬ No. 33 (P. O.-^Carnegie), Okla. first Kan¬ sealed were works net Bond 12 of Sutherland & Co., of To¬ ledo, as iy2s. at a price of 100.14, a basis of about T.45%. The sec¬ ond highest bidder was Hayden, Miller & Co., for iy2s, at a price of Due on Dec. 1 1969 inclusive. Co. on a bid reflecting interest cost of about 2.20%. Na¬ to Ryan, 1965 inclusive. 235,000 as 23As. a Securities 1 Offering—Levi J. Thomas, Bank Remick proved by Saul, Ewing, & Saul, of Philadelphia. was will Bond $400,000 sec¬ mortgage water works rev¬ 2.1b%. bidder 1 21/4s. as SOUTH DAKOTA payable at the Farmers Na¬ tional Bank, Athens. Legality ap¬ n..tutor, Ohio Lima, Sale—The about Feb. on inclusive. 1956 to 1961 Due on Feb. from 1962 to 1970 inclusive. terest Cxuy Legality approved by Peck, Shaf¬ fer & Williams, of Cincinnati. Bond of highest were $88,776 Bond Offering Liberty Twp. cost second v. — Feb. 1 on Due 2s. as from 315.000 Principal and in¬ to 1957 inclusive. Sit. t«.n, 172, p. sioners (P. De¬ 1950. to 154jGwere awarded >4—v. he par. separ¬ awarded Edwards, Inc., of Okla¬ on a bid reflecting a interest The bonds offered July improvement $45,000 were 19 1952 to 1955 inclusive. 155,000 receive (DST) on July 26 for the purchase of $70,000 school coupon bonds. Dated May 1, 1950. Denomination $1,000. Due on Nov. 1 from 1951 will Due 4V2s. as from Offering—Celia I. Arnold, Secretary, July jointly, at a price of par, a basis about 2.28%, as follows: sealed bids until 4:30 p.m. County (P. O. 19 15 $80,000 Bond offered p. Dickson & Athens Sch. Dist., Pa. to City, xi.wiai\y Sale—'1 he Bond 1953 District Saie—Tne J. R. net 2s. as from Due Sale—The $550,000 school bonds 58—were awarded to R. S. Co., of Charlotte, Rob¬ inson-Humphrey Co., of Atlanta, and Hamilton & Co., of Chester, 172, 15 PENNSYLVANIA the purchase of school improve¬ for July homa WarrenOhio erans'memorial, Fifth Series bonds were the Sale—The $25-,000 munici¬ (P. O. Sale—The $1,000,000 vet¬ Bond fered to Hayden, Miller & Go., of Cleve¬ Columbus), Ohio offered Bond pal building bonds-Offered July —v. 172, p. 56—were awarded land, (CST) a.m. (P. O. Chester), S. C. 1950 as 2%s. Due on Jan. from 1963 to 1968 inclusive. CAROLINA County, County Sch. Dist. Bond inclusive. from 1952 to 1962 ate school improvement bonds of¬ Ohio Point, Russells Bond 10 Chester follows: as 12,000 Kirk- Marietta), Okla. offered 1960 inclusive. Franklin County 19 separate Love - payable at the Vinton County tional Bank, McArthur. (EST) on O. inclusive. 1961 and $500. Due on Dec. 1 from 1951 to 1970 inclu¬ sive. Principal and inte. est (J-jl>) purchase of $12,500 Cunningham Lane Imp. bonds. Dated July 1, 1950. Denomina¬ tion $500. Due on Oct. 1 from to 1, June Dated until bonds. ment of Columbus, as Co. Ohio the 2%s. Aug. 4 for the 1951 $45,000 bonds has been sold gage revenue receive will Clerk, Township bids July on street nominations $1,000 Creek Cross 1 sealed extension mort¬ water works 000 (P. patrick, County Clerk, will receive issuejof $65,- Sold—An Bonds County SOUTH 6 Due on Jan. $11,000 as 2M>s. Marietta), Okla. Oflering — H. L. Bond McArthur, Ohio to 1960 in¬ and Principal clusive. urer's a as Co., of Portland, inclusive. Love Co., of Cleve¬ price of 100.21, 1 %s, at a basis of about 1.71%. land, Due bonds. 1962 inclusive. to Dist. No. County Sch. (P. O. Mt. Vernon), Ore. Bond Sale—The $23,000 school bonds offered July 15 were awarded to the Chas. N. Tripp bonds. Due from 1953 1957 Hayden, Miller & to 1953 sewer to improvement bonds olfered July 18—v. 172, p. 154—were awarded Denomination $1,000. Due Nov. on Ohio $50,000 Massillon, Dated Sept. oonds. coupon 3, 1950. Cincinnati. works water from 2,500 1974 inclu¬ to Sate—The Bond Whetstone No. $10,000 8 Legality approved by Peck, sive. (EST) on until noon 1951 from 15 Grant fol¬ as lows: on Shaffer & Williams, of 101.66. will Clerk, City sealed — (EST) Dec. Ohio Agnes Brown Columbus, Bond Offering provement bonds, divided Aug'; 2 for the pur¬ chase of $150,000. building bonds. Dated June 15, 1950. Denomina¬ tion $1,000. Du&on June 15 and 2.10%. der until bids sealed receive will p.m. Co., of Cincinnati, as 2V4S, at a of 101.40, a basis of about The second highest bid¬ & O f f e r i 11 Bond awarded to J. A. White £6—were Local Sch. Loveland Local Sch. Dist. Twp. (P. O. R. F. D. No. 6 Marion), Ohio Bond Sale—The $135,000 school 55 (335) Chronicle The Commercial and Financial Bond Offering—E. A. Northern, will receive a.m. (EST) > on Aug. 23 for the purchase of $160,000 school bonds. Dated Aug. 1, 1950. Due on Oct. 1 from 1967 County Court Clerk, sealed bids until 10 56 lo (336) Principal inclusive. 1970 interest The Commercial and Financial Chronicle l Dated May 15, 1950. and (P. O. Lawrenceburg), Tenn. stadium derwood Corp., were Equitable Securi¬ Planters Union issue revenue, bonds has been sold Dated June awarded to the ties 000 Sale—The $575,000 school 18 Highlands), Sold—An offered July proved Na¬ & $10.- Series 1950 to R. A. Un¬ Dallas, as 3s. Legality ap¬ McCall, Parkhurst & Co., by of of 1, 1950. Crewe, of Dallas. Dallas, phis, Temple Securities Corp., of Nashville, and Russell, Long & Burkholder, of Lexington, jointly, as 2.45s, at a price of par. $75,000 bonds, divided street, of 1948 bonds of¬ 172, p. 52—were sewer and Rollins & a price of Blair, jointly, at basis of 1.90%, about 1970 Co., Inc., 100.009, a as Due l%s. as June 1 Due 2s. as on June from — awarded were to 171, ening, W. Due p. plants, Due paving, Due Serie: Aug. 1 on Series on No. 1 Aug. 278 from bonds 1951 tc 2%s, at a price of 100.16, a basis of about 2.226%. Second high bid of 100.15 for 2 Lis was made by Clark, Landstreet & Kirkpatrick. as ries No. 280 bonds. Due Bonds City Sch. Dist., Texas issue of $130,- Sold—An 000 grade school the Columbian Securities Corp., of Antonio, 2s as and 2V4S. No. improvement, 281 1 from bonds. 1951 to Due Se¬ on 1970 in¬ clusive. and gymnasium, Series 1950 bonds has been sold to San Aug. Dated nation Aug. 1, $1,000. Aug. 15 on issue of Sold—An 1950 bonds has been sold to improvement, Under wood & Co., of Dallas, 3s, as by McCall, Parkhurst & Crowe, of Dallas. President the of W. A. — of Board un¬ 1950. Denomi¬ Principal anc interest (F-A) payable at the Republic National Bank, of Dallas. Cashton, Sale nouse Denominations $1,000 Due to 1951 from $500. and inclusive. 1990 First National he .on, or any agreed oe a — system improve¬ July 18 were hignway at bonds offered price a basis a Oj. and Indep. Sch. Dist., Texas receive sealed bids of Dated July 1, 1950. Sch. Dallas Rupe & 4s. Dated was price Dist., Texas Sneboygan, as 1V2S, at Second 1.418%. for IV2S was made son, of Sheboygan. 1, 1950. Clerk, T. Due (PST) bonds. bonds offered p. Interest F-A. Legality approved by Water, Roberts and Shefelman, of Seattle. special N.S.T.A. CONVENTION King County, Bros. Co., and Kal¬ & jointly, l%s, for at Lake Sewer City District (P. O. 1318 North 105th QUEBEC Commission, Que. Sale—The $460,000 Bond offered bonds awarded school July 13 Credit the to Interpro- were vincial, Ltd., of Montreal, at a price of 97.79. a basis of about 3.51%, as 32,000 115,000 244—were awarded to the First Bank, of Chicago, and of Milwaukee, as 3V2S. 1960 to July 1, on July 1959 inclusive. Due Report on on English Gold and Silver Markets The amount of Bank The changed amount at was The of July 3. gold held in the Issue Department of the Bank £356,323. England's buying price for gold remained un¬ 248s/0d. per fine ounce, at which figure the above calculated. months of March, the gold output of the Transvaal for the April and May, 1950 is shown below, together with figures for corresponding months of 1949 for the purpose of comparison: 1949 1950 March April 947,204 1,012,599 935,316 fine ounces 956,103 " ' " 1,003,170 fine ounces May — " " " " Secretary of the Board of Com¬ missioners, will receive sealed Issue! Offers you huge readership the in s s entire tock and bond field . . . Offering—C. B. Ruffcorn, 978,908 " bids until 8 p.m. (PDS) on July 31 for the purchase of $365,000 sewer businessmen too! revenue, series A bonds. Dated Aug. 1, 1950. Denomination $1,000. Due on Aug. 1 from 1952 to 1980 inclusive. Principal and interest (F-A) payable at the County Treasurers o phone (or write to address below) office. Legality ap¬ proved by Water, Roberts & She¬ felman, of Seattle. Snohomish u s at REctor 2-9570 right now to reserve County, Sch. Dist. No. (P. Bond Ovmty Each N.S.T.A. and affiliates! ad taken means a contribution to its Offering—Verne Treasurer, 2 for $160,000 Aug, school receive purchase bonds. of Dated 1, 1950. Denomination $1,000. Due on Aug. 1 from 1952 to 1909 inclusive. Principal and in¬ ter THE COMMERCIAL AND FINANCIAL CHRONICLE 25 Park Place, New York 8, N. Y. est Cor My output at whatever price could be obtained above the pegged rate. The recommendations of the Executive Board were made to the Fund's Board (F-A) payable at Treasurer's office. probably be studied at the Fund's next annual conference in Paris September. In Winlock, Town bias Offering Clerk, until 8 will Dale address to the Transvaal of March York 31, to quotations to the end of the period under review. In the London tries market, demand for silver for essential indus¬ fairly good during April, but eased somewhat in the of the following months and has latterly been rather Purchases in this connection were mostly offset by sales was course from official stocks. sealed In the market for "free exportable" silver there was some general business at negotiated prices but here, too, conditions have on July been 25 for the purchase of $9,000 gen¬ in Dated Aug. obligation bonds. presidential June, Mr. Kenneth Richardson disclosed that 1950. the South African gold one vance Whisler, receive (PDT) his of movement; this was on May 5 when there was an ad¬ V2d. from 63d., at which the quotation had ruled since 63Lad. per ounce .999 fine, for both cash and two months' delivery. The price was marked up following the rise in the New York quotation on May 4 from 71% to 72% cents per ounce. There was no further change in either the London or New only eral p.m. course During the second quarter of the year, the official price showed the Wash. — the Chamber of Mines in small. Bond each of the organiza¬ Fund officials said the recommendations would next Le- £a'ify approved by Preston, Thorgrimson & Horowitz, of Seattle. *<: of Governors, who represent tion's 47 members. SILVER (PDST) the 27 The Board also recommended the rejection of South Africa's proposal to allow gold producing countries to sell half their gold Sievers will until J Uy in May that the Executive Board of of the world. p.m. sk'tfh'.i. bids on ounce. learnt industry disposed of 1,453,000 ounces of gold on the free markets O. Everett), Wash. space! was in the 11 months to the end of May, Arlington 16 the Inter¬ national Monetary Fund had recommended the rejection of South Africa's proposal to increase the price of gold, at present $35 per It quiet. the was Developments in Korea had isolated Bombay market where attributd to this particular factor. no some 1 July 1 1970 inclusive. 1950. reprint below the quarterly bullion letter of Samuel Mon¬ of England was unaltered at I inclusive. 1955 Due 1956 to from Dated to 3s. as from Due on July 2V2S. 1951 from July 18—v. 172, follows: as Street, Seattle 33), Wash. Bond a CANADA National $1,000. Aug. 1 from 1951 to 1960 on Co., the Milwaukee Co., on Dated Aug. Denomination inclusive. Stern Waukesha, Wis. Bond Sale—The $400,000 hospi¬ Hoff¬ receive Aug. 7 for the purchase of $38,000 coming was man GOLD will sealed bids until 8 p.m. 1950. l%s, at a as price of 100.08. tagu & Co., London, written under date of Offering—Fred sewer revenue jointly, of 100.45, a basis of about 1.67%. The second highest bidder price Le¬ WASHINGTON 1, Sidlo, Simons, Roberts & Co., Denver, $313,000 Ellensburg, Wash. he Commercial and Financial Chronicle's of Son. of Dallas, May City a 100.51, a basis of about hign bid of par by H. C. Deni- of We SI pace—and plenty of it—in and $65,000 11 awarded to the Citizens State Bank of tal gality approved by McCall, Parkhuist & Crowe, of Dallas. Bond build¬ Sale—The $240,000 ing bonds offered July 13—v. 171, p. 2660 — were awarded to the First National Bank, of Chicago, Maniwaki Catholic School Bond Sale—The issue of Bank, Dallas. Legality approved by Dumas, Huguemn U mann, County Sch. Dist. No. 3 (P. O. Rawlins), Wyo. Bond incinerator bonds offered July National as & WYOMING Carbon Wis. Plymouth, 8 until (CST) on July 21 for the purchase of $100,000 school house jonds. Dated Aug. 15, 1950. Delominations $1,000 and $5C0. Due jn Aug. 15 from 1951 to 1980 in¬ clusive. Principal and interest ,F-A) payable at the Mercantile to Le¬ Chapman Lee E. Ricks, — p.m. Indep. building repair coupon by approved Cutler, of Chicago. The second highest bidder was Halsey, Stuart & Co., and Milwaukee Co., Mil¬ waukee, jointly, for 1.40s, at a price of 100.13. by the Board the purchaser. President of the Board of Trustees, is the time for you to take 100.38, of about 1.41%. school and Denomination $1,00U. of Bank Douglas County (P. O. Superior), Wis. Bond Saie Ihe $460,000 state trunk Aug. 10 for tne pur¬ $71,000 Cutler, of Chicago. 2s, at a price of 101.00. basis of about 1.8i%. other bank that may Offering I of modernization as Legality approved by Chapman & Sold—An issue of $33,000 school house bonds has been sold A.11-out, the to awarded weie Cashton, New- upon Pleasanton Bond Bank of a until chase recreational bonds offered July 13 purchased by R. S. Dickson & Co., of Cnicago, and Braun, Boswoith & Co., inc., jointly, as iy2s, Bonds ow Wis. $20,000 park The — ment (CST) on July 24 for of $140 000 schooi bonds. Dated Aug, 1, 1950. ceived bonds. the Tolar N Kalman & Co., for was til 7:30 p.m. purchase Milwaukee), Wis. Offering—Bids will be re¬ Bond Bank, of Amery, price of 100.50. at a Bond Trus¬ will receive sealed bids tees, State No. 1 Water St., Bay Sch. Dist. (P. O. 622 North gality Davis, Boothman, of Dallas. T 2s, Indep. Sch. Dist., Texas Offering Whitefish 244—were awarded to p. bidder est R. A. approved Bond 172, Union Series 31/2S and 3%s. Dated May 1, 1950 Newton the recre¬ 172, p. 244—were awarded to Harley, Haycion & Co., of Madi¬ son, at a price of par. pal building bonds offered July 17 —v. $15,000 bonds offered July 19 —v. $25 000 munici¬ 2s, at a price of 100.50, a basis of about 1.94%. The second high¬ $125,- school ation park Wis. Amery, Bond Sale—Tne Sale—The Bond approved as Texas Indep. Sch. Dist., Bonds will 200,000 park ries Archer Holland on 1970 in¬ clusive. TEXAS Due fiom 1965 to 1971 inclusive. Trustees 1970 inclusive. 100,000 airport improvement, Se¬ Aug. 1 from 1951 to 2%s. as Legality WISCONSIN follows Principal and interest payable 1,080,000 storm sewer improve¬ ment, Series No. 279 bonds Due on Aug. 1 from 1951 tc Co., of Nashville, and C. Little & Co., of Jackson, office. urer's by Preston, Thorgrimson & Horo¬ witz, of Seattle. on 1970 inclusive. to 70,000 Se¬ 1970 inclusive. N'. Estes & jointly, and sewer 1,020,000 street opening and wid¬ *v£t II. 1951 basis of about 2.63%, as a Legality bonds. 276 No. 277 bonds. Bond Sale—The $150,000 school 2660 No. 1,120,000 street Perry County (P. O. Linden), Tenn. July 11—v. tc clusive. 1 from 1969 to 1978 inclusive. bonds offered bonds. 1951 Aug. 1 from 1951 to 1970 in¬ from 1951 fo 1968 inclusive. 310,000 275 from 3,560,000 sanitary sewage disposal follows: on 1 improve¬ 1, 1950. Denomination $1,000. Due jointly, as l%s, at a price of Aug. 1 from 1952 to 1960 in¬ 100.78, a basis of about 1.67%. Principal and interest Westby, Wis. (F-A) payable at the Town Treas¬ of Houston, 300 inclusive. ries $440,000 No. Aug. on 172, p as 2V2S. Due on Aug. 15 from 1952 to 1964 inclusive. follows: as Series ment, Due Halsey, Stuart & Co., to July 18—v. Co., Monday, July 24, 1950 . on and Rotan, Mosle & Moreiand, of Gal¬ veston, jointly, at a price of 100.01 Earl Goforth — $9,920,000 water works fered July 18—v. awarded Offering water revenue 243—were awarded to the Edaieman-Pollok Texas City Secretary, will receive sealed bids until 1:45 p.m. (CST) on July 25 for the purchase of $17,000,000 Tenn. Nashville, Sale—The alley and Bond and tax offered bonds Texas Sale—The $200,000 combination . clusive. $130,000 tional Bank & Trust Co., of Mem¬ Bond County Water Control and 1 (P. O. Imp. Dist. No. Bond Lawrence County Bond Harris Crowe, of Dallas. Clarksville Indep. Sch. Dist., Texas Bonds bonds Legality ap¬ Parkhurst & McCall, by proved payable at the National City Bank, New York. JLegality approved by Chapman & Cutler, of Chicago. (A-O) . effect, save perhaps hardening of prices