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BUS. ADM. MONDAY library ISSUE Reg. U. S. Pat. Office New Number 4921 Volume 172 General RAILROAD Petroleum Aberdeen the wits Oil Co., of •Of Tuisu, Okla. SEC from See V. 171, In 1985. p. The company June on Issue This Slock and Bond Quotations Page Stock Exchange New York filed a letter of notification with the 4% cumulative non-voting preferred stock 23 covering 556 shares of Stock Exchange New York $100', and 2,780 shares of common stock (no par*. Price for preferred, $100 per share, with each share to be accompanied with New (bonus of eight shares of common stock. Proceeds are to be used to esipand operations and purchase additional receivers, and for work¬ ing capital. No underwriting involved. 15 27 31 36 (Stocks) (Bonds) Cincinnati Stock Exchange (par Los Angeles Stock Airfleets, Inc.—Sells Piper Holdings— is this that reported 1950 May— Net 134,822 79,311 62,762 93,475 64,389 1,943,415 2,104,765 2,419,367 2,192,625 591,853 935,377 763,097 322,610 283,541 465,296 Over-the-Counter Markets 379,858 __ Net ry. railway from Ned ,~-V. railway,— from income. oper. __ 171, p. 2293. Stock Stock Gas Alabama The The share one-sixth of of record to subscribe pro rata offering is to be made rights share each for 27, June 1950, being are of¬ . common held. Subscriptions must be received by 3 p.m. (EDT> on July 19. Chemical <fc Trust Co., 165 Broadway, New York 15, N. Y„ is subscription the under agent offer. securities these Because the company states, tion. Natural Southern Gas are- to believed be registra¬ from exempt stock, common its for subscribe sale from Proceeds the of part new stock are to be used for to properties, for the acquisition of additional gas and for general corporate purposes. earnings available for common stock of Alabama Gas Corp. amounted to $1,182,341 for the 12 months ended May 31, 1950, or $1.64 for each of the 721.428 shares now outstanding. This compared with a balance of $952,715, or $1.32 a present share, earned for the and improvements U. S. Savings Bonds Issued and properties utility 1949.—V. year May— Net railway.. from $1,366,703 312,115 134,387 81,626 $1,368,333 The 156,833 from Net Net ry. —V. 6,570,251 6,771,210 7,382,217 1,49.9,029 722,953 1,877,953 975,730 1,344,420 685,055 income. oper. 640,605 Co.—Earnings— Power Period End. May 31— Gross 1950—Month—1949 " depreciation—* 1,724,202 415,000 expenses for Prov. Amortization of — 21,758,507 377,500 4,717,500 4,225,500 716,470) ( 776.814 J i 585,193 585,193 48,766 taxes.._) income Gross 20,070,127 48,766 taxes Federal income 1950—12 Mos.—1949 1,505,884 plant acquisition adjusts General - $3,618,189 $46,934,064 $45,621,229 $4,007,414 revenue Gperating . * 171, p. 2293. Alabama 4,480,380 4,329,300 4,849,098 3,825,478 $969,569 $12,231,266 $10,887,251 $1,042,632 after int. and charges & nonrecur¬ inc. .Net Fed. ring Dividends p. Net inc. -V. 7,666,335 105,000 1,260,000- 1,260,000 $604,570 $633,396 pfd. div. after $7,550,025, $6,406,335 10 cents) (par of District S. fix 30 soon Court as ■tug as tne make application for such a", Boston. Upon Court approval,- in (within 10 days after approval) and - • - 171, practicable plan; an to u record date a American cash, 2509. p. The capital stock and admitted were converoiole three the to list San American 47 in having admitted been Stock Francisco joins thus with . . General Motor exchanges. American Telephone hatrauing privileges on the San Franciscj on six for A. listed unlisted to 1950. Chrysler and Exchange since 1924. Stock other facilities transfer Francisco, San y. Telephone securities of thi* Stock Ex issues debenture the o; change at the opening of business on June 28, which stock state T. taxes will T. & the eliminate will transfer established be soon i:: of New York or stockholders.—V. 171, payment western by 2605. Ancient River Channels Gold Mining —Stock The Co., Reno., Nev. Financing— Offered—Plans Additional company in May, 1£50 publicly offered "as a speculation" 600,000 at eight cents per share. shares of common stock (par 10 cents) proceeds will be used to buy equipment, pay and for expenses * The at 25 cents per share through its ■ ' claims in Sanders County, Mont.—V. The 171, stock of American Can Co.—Barred from Using on leases Quantity Dis¬ Judge George B. Harris at San Francisco, cans C. the ry. o , owns . an 171, p. 1665. 1950 $860,520 !"49 1948 1947 $637,082 141,454 $655,904 133,586 54,683 3,189.444 133,983 57,898 $740,501 166,816 79,233 3,716.264 937,944 3.1I~4 615 3,512,451 574,237 658,450 687,285 530,453 income... oper. ry. —V. railway railway income oper. 171. p. 230,891 263,650 282,914 2294. Arkansas Power & Light Co.—Earnings Period End. May 31— Oper. lease of Operating " "•-.Gross 21,488,743 28,770 349,233 333,988 $477,432 income income 1,665,190 $153,954 $6,131,879 $5,003,097 6.773 976 54,051 35,564 $359,930 $5,185,930 $5,038,661 231 092 4,516,024 period. 608,609 3,640,854 608,609 $3,907,415 $3,032,245 $27,969,855 $25,787,528 > 20,450,443 plant- (net) Other $2,052,914 1,799,331 28,770 and taxes exps. for 1950—12 Mos.—1949 1950—Month—1949 $2,305,533 Operating revenues depending on the fruit and vegetable crops. entered on June 22 in the government's suit calls for detailed regulation of certain business As total of 98,4751 share, netting the a 266,785 railway from from Net Net President, in connection with the above judgment 10 cents). (par From Jan. 1— rued that the five-year contracts would be illegal but the annual basis because of the unpredictable demand from year to year, stock common an RR.—Earnings— * Net said in part: While Nevada with issued and outstanding sold at eight cents per company railway...:."" from from Gross on H. Black, The $7,878. Arbor Net refused, however, a government request that totalTe^-' quirements be abolished and that this company be ordered to with-, draw from the manufacture and leasing of closing machines. Judge Harris shares of were stock, May— Gross Judge Harris , there common shares of it a broker. authorized capi¬ additional 500,000 "Probably through in option to acquire certaL" for which it will issue to Thomas H. Berry and William T. Berry Ann ning companies. allowed them offer 1,000,000 shares of common stock.—V. Sales— Calif., on June 22 ruled, that this company had violated the Sherman and Clayton AntiTrust Laws by monopoly practices that left "little room in a com¬ petitive sense for the independent small businessman." The Court ordered the company to end its practices of allowing "quantity discounts" to big canners, of entering "total requirements contracts," with canners for longer than one-year periods, of entering into purchase contracts on a basis of more than one plant per contract^ and of maintaining ownership of can closing machines used by can¬ Federal later to cents per share, 5,000,000 1950, of shares counts at 25 corporation is incorporated 15, April plans company common s Trout Creek, talization 21 has company against this company 1781. 171, p. U. Co.—V. Rent 8.810,025 for a $16,139,- company distributed represents o.uer proposed on June to company 1881. for 709,570 743,396 105,000 reduct. pfd. stock tax on stock proceeds are to be used to develop the properties at The 6.610,518 1,476,830 railway.. this the 2,342,411 shares of capita, by date. corporation railway from of distribution American Telephone & Telegraph Co.—Listings— Montaua. 322,549 245,653 made be to court a addition ment 59 47 and directors. officers $1,513,762 464,499 plan cash to its stockholders. cash proposed to be working capital in connection with development of the Kentucky Placer From Jan. 1— Gross the to distribution The 1947 1943 1949 168,228 income. oyer ry. RR.—Earnings— $1,208,581 __ railway.... from Net or American will Redeemed Auction Sales tional common Gross is Claim. 1950 the rata pro a American. entry order 171, p. 1881. Alabama Great Southern Co.—Distribution Authorized approved and the sa.e ... > t. i common stock o Light Co. ($16,125,000). The distribution involves s & the Commission 59 31—J May Through Net calendar after 3 Capital Flotations for Month of May Federal Reserve May Business Index additions 28 capital distribution The __.-47 System 171, Hamburg.—V, and from Power of stock 47 Reserve ifork payment of $6.89 in respect of each of Condition Statement of Member Banks of Federal its proceeds Pacific Miscellaneous Features Reserve Banks of proportionate R. American's assets consist of its holdings o. the outstanding common stocks of The Washingotn Water Power Co.. Portland Gas & Coke Co. and Washington Irrigation & Develop¬ Exchange Rates Combined Condition Statement of Federal Alabama Gas Corp., has agreed to of the additional stock. No un¬ derwriting discount or commission is to be paid in connection with1 /■ale of the new stock, and expenses in connection therewith are esti¬ mated at approximately six cents per share, or a total of $7,500. outstanding the Industrial Stock Averages_35 Foreign they have not been registered with the SECCo, owner of approximately 99% of the June on of partial liquidation, Substantially all of the News.Cover .53 The Course of Bank Clearings 48 Redemption Calls and Sinking Fund Notices.47 Dividends Declared and Payable— 47 Bank ....-aura<.a^ 211, in State and City Bond Offerings.-- issued. be SEC reduction General Corporation & Investment S8.30 a share in the ratio No fractional shares are to a new air service between Harris Vice-President and nights augment AOA'S pres¬ New a ark, Frankfurt and Berlin Juue on Berlin, Germany, Harold announced. The n;./ and Manager, American Power & Light In additional 120,238 to at L>ol. p. weekly round-trips between weekly trips between new The Corp.—Rights to Stockholders— stockholders common fered shares. per by 2397. p. Exchange—Curb Section National Quotation 171, two and Exchange Toronto corporation 11 ent 42 44 Transactions New York Stock Exchange 36 Transactions New York Curb Exchange 36 Stock and Bond Averages (Dow, Jones).___35 Toronto From Jan. 1— Gross Exchange Curb Montreal $435,503 184,897 601,945 income. oper. ry. $485,621 124,669 The General 39 39 39 40 41 45 Exchange Stock Stock Montreal Stock Exchange 1947 1948 $410,977 146,618 railway from 1949 $425.84.9 railway,— from •Gross $5 value (par stock purchase for offered be of Illinois.—V. Hamburg —38 Exchange San Francisco Stock Exchange Pittsburgh to is American Overseas Airlines, Inc.—New Service— 37 Exchange Philadelphia-Baltimore Akron, Canton & Youngstown RR.— -Earnings— ."Net stock the State 36 36 Exchange Stock Midwest corporation has sold its entire holdings of €9,800 shares of Piper Aircraft Corp. common stock.—V. 171, p. 2397. It Exchange Detroit Stock Exchange ■ . . Exchange Curb York Boston Stock a I capital of shares 100,000 covering holders of outstanding capital stock of record at 4:30 p.m. (CDST), July 25, 1950, in th-. ratio of one new share for each three shares then held. The sub¬ scription price is $5. No underwriting is involved. The proceeds of the stock sale wi.l be used ior general corporate purposes and it is expected that in due course a part or all of thi proceeds will be invested by American in investments qualified a legal lor casulaty insurance companies organized under the laws of Bank & Trust Co. the First National MISCELLANEOUS - The Music, Inc., N. Y. City—Files With SEC— Air -SEC $600,000 and INSURANCE share).* recently loan - Financing— Corp.—Long-Term long-term $2,100,000 York New INDUSTRIAL - received in connection acquisition of all of the outstanding capital stock of Roytex :jl.500,000 was received from the Mutual Life Insurance Co. the Of Cop: a Corporation and Investment News PUBLIC UTILITY - 75 Cents Price York, N. Y., Monday, July 3, 1950 - ._ incomq.v_„_„ that Federal Judge George B. Harris *•' Net income after taxes and interest upheld the principle of the requirements contract in the can industry Cor annua', periods and ruled against divestiture of our facilities for Dividends applic. to pfd. bundling and leasing of closing machines, . . ,•> In addition to asking for discontinuance of requirements contracts Balance I and divestiture of the company's closing machines business, the gov¬ -V. 171, p. 2605. ernment counsel had proposed a series of other injunctions and restric¬ tions which would limit the company's service. All of these demands*, the company vigorously opposed as not serving the best interests of its customers-, of farmers, or of the consuming public. The Judgment also permits the company to continue to provide clos¬ ing* equipment for containers and to continue the development and improvement of this type of machinery. Pursuant to the direction of the Court the comnany will make clos¬ ing' equipment generally available on a basis of lease or sale and (Will" afcer furnish its patents and "know-how" to other manufacturers^ of> $43.4,210 . procedures, the important point is Albuquerque Associated Oil Co.—Stock Price— 50,157 The priced shares recently, offered to common ay$2 per share. See details in V. 171, p. 2605. / •.*. ,.. .. Alleghany Ludlum Steel Co.—To Place The stockholders have directors of yeirs, approved ~ • Note§ Privately during the-next three plant improvement and the expenditure, $23,600,000 additional an jtfc were for a expansion program.1 The management anticipates'being able to finance the. new $23,•fc'00.000 'program with but'$12;000,000 of outside -capital.— This amount # to be obtained from a group of insurance companies on is expected sinking 20-vear If fif the 1953, raited ance total will notes. have sum of the issuance been obtained by have fund program there the 1946 w£l new loans. See also V. Ambassador Is carried out as. planned; by the latter part been -expended oh plant* and equipment* since $53,600.0(30 o£-which about $10,000,000 wa-s preferred stock in 1948 through long-term borrowing of and $12,000,000 from the insur¬ 171, p. 1985. Mines Corp., Si Louis Listed and Unlisted Securities Edward D.Jones & Co. scrch equipment. Established immediately to what extent the changes in¬ herent in the ruling may affect the company's costs, but there will be no interruption of its traditionr.l standard of service.—V. 171, p.>l'56l._. rt is impossible to say Spokane, Wash. — Stock American Motorists Insurance Co. Registers With Securities and Exchange Commission— on May 1 the for 1871 300 North 4th St., §t.. Louis Members , f ~ *v 2, Missouri .„.,*»•. New York Stock Exchange Offered— Tlttr corporation ?~0,8*7 stocks publicly offered 100.000 shares" of"addi-"3L, T^':^0ttt))4tty'' bfr"Jafte-I 23 filed a registration stafe^eht;,,with' the Phone Midwest Stock Exchange CEntral 7600 Chicago Board of Trade New York Curb Exchange (Associate) Bell Teletype in mi ii .ml t r SL 593 iV j .■> f ■ f ifiti'Tl i — BUS. ADMj '.I8RAPY //a The Commercial and Financial Chronicle / 2 (2) of shares for share new on or stock, common Net from Net par $926,603 $317,694 ry. 517,014 459,771 312,509 income— 211,101 *56,668 $786,521 $748,896 railway—— 153,044 railway from Gross before June 26, 1950 for 28.250 additional $6. at S10 per share, on the basis of one each nine shares held.—V. 171, p. 1985. the right to subscribe 1947 1948 1949 oper. 369.528 229,897 , closed were Western Ry. —Earnings— 1950 May— 1950 recently were given stockholders of record May 18. common Beaumont, Sour Lake & Co.—Rights Expire— Arkansas Western Gas The . Monday, July 3,* 1950 . . 3/ <17 permanently holders their for receipts arising as cancellation of result a New in time some the close of business on June 28, 1950. York, depositary, which will circularize July, 1950, requesting them to surrender at by Guaranty Trust Co. of ADR the 2414. ' against" payment of sale the \ ' ' , . the of funds dollar sterling.—V. blocked 150, p. , From Jan. 1— Net capital financing as may be required in order to carry out this program are not yet definite. It Is expected, however, that the company will use for this program (a» treasury funds on hand, (bi funds from internal sources, the principal Items of which are the provisions made for depreciation and amortization (estimated to be $3,490,00 and $67,000. respectively, during the year ending Dec. 31, 1950) and (ci funds from short-term bank loans and/or from tire sale of additional securities when and as required. The company's present intention is to raise approximately $10,000,000 of the required funds by selling, in the fall of the current year, 50,000 additional shares of cumulative preferred stock, a like amount of common stock, and S8.000.000 of a new series of first mortgage bonds. , Authorized bonds— 3lU'/c, due Dec. 1. 3\\%, due Nov. 1, 3V,b%, due Nov. 1, due Nov. 1. 1978 Series D, series 41/2'7c series———— 1947 5% Future if series, stock Common 280,312 615,000 104,683 1,000,000 — — any ($20 value) par —- ' Net Los ry. —V. aggregate time June 15, outstanding has concluded company bor¬ amount increased to a arrangement covering the new 30, 1951, similar to the foregoing, except that the which may be borrowed by the company has been ending June aggregate at stock above The rowed. The proceeds from the sale of the new preferred will be used to retire in part the amount so 1950. to $8,000,000. as the shares issued and sold on June 14, 1950, to the General Telephone Corp. The proceeds of such will be used by the company for the same purposes1 proceeds of the sale of the new preferred stock. See also V. 171, p. {Including sale, 125.000 $3,065,303 1,703.303 1,112,600 1.053 090 3,998,094 2,417,969 2,226,975 2,325.556 1,142,411 1.853,612 2,072,702 Gross the of Net ry. Net income —V. 171, 2,uu5,oo2 l,379,7o3 2,155,283 from Net from Net ry. 2u,o2o,2U3 16,092,952 xo,/05,u53 13,103,132 railway railway income oper. 1948 $232,434 113,629 40,154 13,283 1947 $150,440 61.397 48,119 1949 $132,970 1950 $242,264 118,372 52,253 May— Gross 24,349 From Jan. 1— from Gross Net from Net ry. —V. 1.212.529 284,069 105,487 railway income oper. 805.190 339,229 139,654 993,306 473,857 815,902 600,273 254,551 railway 195,106 171, p. 2294. West Point RR.—Earnings— from Gross Net from Net ry. railway railway - income— oper. from from Net $349,824 56,497 Net ry. income oper. ♦Deficit.—V. 1.652,492 153.805 *60,995 The stockholders mendation capital stock of shares the SEC on June 23 covering Colonial Associates, Inc., Boston, is Net ry. Net —V. 171, 157,441 685,710 A wood 39,734 metals of The Babcock extrusion & alloys complex Wilcox Tube to an The Co. Isaac pointed be Harter, out chairman that In view the of of the anouncement uesd tional of that primarily in making carbon shapes.—V. 170, p. 2020. the B&W tubing, welded and recom¬ a shares of followed 28 the American Tube the district of that announces plans Angeles, Los of these two offices makes the six Western states. a Calif. total of 22 Budget offices • " *•' additional ... . underway are from railway Gross for the scope of ex¬ Budget alloy tubes of ry. . 1947 $319,239 69.192 1,645 1.865,973 1,712,359 437.471 645.200 299.821 1,506.778 250,335 155,188 2,078,802 477,415 92,614 income oper. *71,481 "Deficit.—V. 171, Ohio RR. Period End. May 31— 1950 Net Net ry. Net ry $ 37,556,522 34,373,953 8,081,814 revenues. from rev. 7,000,545 oper.. income —V. income- The directors the on declared also and preferred the on 26 June on stock common share per sec¬ stock, a dividend of 25 payable both Aug. 1 to p. 12,900,265 to showed 3,801,864 the ' 5,989,179 now will 2606. heavy loss a showing be of Period End. May Railway oper. Net ry. Net $1,036,265 $1,015,791 oper. 341.388 233.061 ry. income —V. oper. 171, p. income $6,718,160 3.086.536 107.001 1,615.394 1.905.196 57,800 1,397,740 1,679,957 fiscal for and and exploratory for used "acquiring and holding reservations and leases * operations and expenses of the remaining portion Qt in the capital stock of Canadian-American Oil Co.f/ a whoily-owned subsid ary and the balance will be advanced to that company to be held by that com¬ pany and applied to the repayment of such advances when required, by the company for use in its Canadian operations. Superior Oil now owns all of the 1,000 outstanding shares of Cana¬ dian Superior Oil, acquired at a cost of $1,000. According to the prospectus, it is proposed that Superior Oil will receive an addi¬ tional 2,299,000 shares to be paid for by the cancellation of $2,299,000 of open account indebtedness owed by the subsidiary; and that Superior Oil will make a capital contributions to the company of $4,363,574, being all of the balance of the open account indebtedness owed to it by the subsidiary on May 31, 1950. Assuming the sale of all of the 2,150,000 shares, Superior Oil will then own 2,300,000 or 51.7% the drilling and other company as and when required." Of U. S. funds, $10,000 will be invested the t,h» 4,450,000 shares common Canadian of Superior then Oil out- but the of the second last fall and other basic Sales are June quarter quarter. figures for the third quarter of substantial 1949. Unless the final quarter should year show improvement."—V. 171. & Wireless (Holding), Canadian Superior leases, Dillon, A reservations Read options or Co. inc. the by the issue manage which The three joint 4%% Refrigerating will thorized by V. also offer of ap¬ United stock the public. to amount to $20,000,000. over Privately— and of two subsidiaries, recently au¬ in the amount of $150,000 each. See Cassco are Berkeley Corp., 171, p. 2606. . Celanese Corp. of America—To Reduce Debt— the Accelerating corporation $5,000,000 retirement of funded 27 authorized the debentures effected debentures, and over the the of directors the redemption above operation through due in 2.85% debt, June on of on sinking this of retire¬ of Aug. < 1 annual normal Of-the funds. be redeemed $3,000,000 is to be applied to the 3% (see below), 1965 due debentures, and $2,000,000 is to be applied to 1966. in in building the company's working capital to a desirable proceeding satisfactorily enough to permit a beginning at in accelerated debt reduction," Harold Blanche, President, "Progress is position this time : said. ' ... the company reported first quarter net income charges and taxes, equal after preferred stock of $10,-. dividend provisions to $1.77 on the 5,514,107 Va common shares outstanding. In the corresponding 1949 period net income was $6,047,624, equal Recently after 568,886 to cents 95 common a share. The has corporation 3% $3,000,000 at called debentures the office of Dillon, together with accrued frcm ry. 171, 2606. p. Ry.—Earnings— 1949 1947 1948 $2,853,031 $3,333,669 $2,735,381 396,915 225,404 549,665 239.090 railway 147,575 6,059 275,628 *54 15,334,689 15,067,338 15,773,919 13,548,182 1,863,201 459,288 1,543,182 2,156,119 1,066.63b 299,259 718,654 *139,639 income oper. 1. New York, 1950 $3,198,395 railway from Net redemption on Aug. 1, 1950, 1965. Payment will be made paying agent, at 10334% for Oct. interest.—V. May— Gross due Read & Co., from frcm Net ry. were depositary removed opening from on railway railway income oper. "Deficit.—V. 171, p. 2301. Vermont Public Central Connecticut (Including Period End. May Operating Valley 31— revenues Oper. expenses & taxes- Service Corp.—Earnings— Electric Co., Inc., 1950—Month—1949 $555,651 $499,732 454,361 434,756 Wholly-Owned Sub.) 1950—12 Mos.—*1949 $6,890,532 $6,483,304 Net income Nonoper. Gross Int. & Repayable— t 5,780,401 5,597,090 $64,976 $1,110,131 $891,214 Drl93 £>rl,288 3,826 $64,783 deductions $1,108,843 $895,040 div. after June per "Includes of certain com. the gas 26,398 342,952 321,580 $38,385 $765,891 $573,460 16,259 13.092 163,436 157,102 $55,383 $25,293 $602,455 $416,358 $0.08 $0.04 $0.92 require. pfd. stock requirements— Earnings 29,883 $71,642 other stock 235 $101,525 income Bal. $101,290 (net)_ income div. receipts for the 5V2% preference stock., par unlisted trading at the New York Curb Ex¬ income operating shr. revenues and expenses associated with properties sold April 21, 1949.—V. 171, (Continued on page 9) p. the $0.64 operations 2301. - PubH shers, 25 Park Place, New York 8, N. Y., REctor 2-9570. Herbert D. Seibert, Editor and Publisher; William Dana Seibert. President; William D. Riggs, Business Manager. Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday]. Other offices: 135 8. La Salle St., Chicago 3. Ill (Telephone State 0613); 1 Drapers' Gardens, London, E. C., England, c/o Edwards & Smith. Copyright 1950 by William B. Dana Company. Reentered *s second-class matter February 25, 1942, at the post office at New York, N. Y„ under the Act of March 3, 1879. Subscriptions in United States, U. S. Possessions, Territories and Members of Pan' American Uj^on, $35.00 per year; in Dominion of Canada, $38.00 per year. Other Countries, $42.00 per year. *OTl: On account of the Chronicle fluctuations In (Reg. the U. S. rates Patent of Office) exchange, - States offered in Canada by the Canadian " Gundy & Co. as sub-manager. The and the stockholders, portions includes < the notes of this company, Corp. total ^.oup a expected to are large over "nch held acres freehold leases. win will be Wood, issue headed proceeds of 4,000,000 scattered Manitnh->. and underwriters of portion underwriters net approximately 1,600,000 acres under Canadian and has now Saskatchewan Alberta, Ltd.—American Deposi¬ 26. Under the terms of a scheme of ar¬ rangement, approved by the stockholders and by the High Court of Justice in England, these shares were to be repaid at par on June 30, 1950. in the form of blocked sterling. The ADR transfer books Oil Corp. below—V. 171, p. 2194. Financial . standing. Net American £1, and trend below those tary Receipts for Preferred Stock 2397. Commercial steel workers of the difficulties should arise it is expected that Cable 3,632.058 131,486 , subsidiary of The Superior Oil Co. Candada Pfd. $7,999,637 174.585 Barnsdall Oil Co.—Merger Effective- The in earnings 750. change See Sunray upward an considerably the strike to 1950—5 Mos.—1949 revenues. from rev. Net 1950—Month—1949 31- our J). due effected further unforeseen Bangor & Aroostook RR. Co.—Earnings- filed a registration statement with the shares, par value $1 per share. The teims are to be supplied by amend¬ 27 common limited the flow of pig iron,' coal and strike which coal material 15.063,203 1,312,787 Commission— underwriting and holders of 1950 fiscal July 14. Common dividends declared during the date total $1.25 per share. announcing the directors' action L. F. Rains, President, said. "Although results for the first eigjit months of our current fiscal year have not been satisfactory the directors felt that the common stock¬ holders should have consideration at this time. Our first quarter $ 3,072,715 Ltd.—Registers California, of Co., Ltd., the It is a wholly of California. All of the proceeds received in Canadian funds and a portion of the U. S. fundi will be added to general funds of the company in owned Net cents per share regular quarterly dividend of $1.75 the record 151,066,259 158,621,939 27,197,457 31,796,828 4,098,110 Oil i* will 2,391,579 oper. 171, $ June on 849,400 ment. Gross Byers Co.—25-Cent Common Dividend— (A. M.) 1950—5 Mos.—1949 $ Railway oper. *459,771 From Jan. 1— Co.—Earnings— Month—1949 *186,690 *525,865 641,324 2300. p. 2,150,000 price Net 2300. p. In & *223,781 * Superior Central of Georgia railway from Net pres± various 171, company covering offering - 1948 $417,372 137,325 76,349 l— railway from Net by income oper. 1949 $488,468 195.787 109,459 1950 $456,704 167.087 94,934 railway frc-m ry. year Baltimore The SEC the Charles S. Offer, President, and Albert the board, this corporation announces the Loan Service offices located in North Holly-' Burlington-Rock Island RR.—Earnings— company, process *377,9)0 With Securities and Exchange ment California—Acquires Two com¬ company new *252,371 *550,686 income Canadian authorized of by May— the fabrication of tubes of sectional shapes, will be built board fact manufactures seamless and number in Net made June 982,000 Partial Redemption— 5.090,424 •' 4.515VJ28 6,171,306 5.202,148 announcement *113,733 878,000 two-for-one stock split. a the 1950 which will still further extend Finance Plan operations.—V. 171, p. 2393. pletion of a licensing agreement between the latter company and Comptolr Industriel d'Etrirage & Profilage de Metaux of Paris, France, developers of the process and holders of the patent rights. ently increase to and act on number of authorized possible to make Crenshaw the Offer pansion for plant in according Pa., consider 27 will that the entitled to vote.—V. 170, p. 2126. Valley two in Acquisition Net and Falls, *85,516 932.000 railway. oper. "Deficit.—V. Plans to — capital stock from 500,000 to 1,000,000 and to pro¬ presently outstanding 450,000 shares of capital stock 900,000. Stockholders of record at close of business statement chairman of and Gross $1,000,000 new Beaver Co., Detroit, Mich. asked be joint a jrrom Jan. at will 1950 will be purchase Babcock & Wilcox Co.—Unit to Build Plant— ferrous ry. par the become 10, July on be increased $5 that In 2606. p. from Net 1950—5 Mos.—1949 743.682 income—. oper. *120,682 railway from proximately New Offices— $11,103,737 $10,086,0o4 $56,421,334 $od,274.444 income *73,347 *60,327 *130,346 $5,000,000 of debt to Co.—Earnings— 1950—Month—1949 31— revenues President of Unit— Budget Finance Plan, Inc. of " Period End. May 1947 $137,000 *34,643 income oper. Cassco directors stockholders The Mr. Operating the of operating in 171, p. 2294. Atlantic Coast Line RR. Mass.— Split-Up Stock— Behrstock, 270,137 30,222 1948 $190,000 *73,107 railway from ry. under Roller Bearing Bower England—Earnings—* 1949 $170,000 Cassco Corp.—Notes Placed 7,123 1,937,959 383,437 89,664 1.684,461 187,104 "1,754 1.646,340 railway-— railway— Boston, the corpora¬ tion's Norge Heat Division, with central offices in Detroit. He for¬ merly was Vice-President and General Manager of Norge Heat. Previously the chief executive of the division was G. P. F. Smith, who has relinquished this post to devote full time to his duties as President of the Norge Division.—V. 171, p. 1882. July From Jan. 1— Gross which 2434. p. per develop 1950 Net .£{. Davis, Jr., has been elevated to the Presidency of C. 1947 1948 $401,562 73,765 17,221 1949 $325,484 22,734 *10,321 1950 $365,257 76,434 19,282 170, ($1 $198,000 railway from Net of would Atlanta & in registration statement was filed with vide May— America, of Trust Borg-Warner Corp.—New Ry.—Earnings— Atlanta & St. Andrews Bay programs may Registers With Securities and Exchange Commission— $ $ 2397. p. pension approved 29 company 40% ahead of the same period last including a recently introduced twist 50% specially manufactured carpet rayon, were well received by retailers at the Chicago Homefurnishings Market,, he declared.—V. 171, p. 1354. distributor.—V. 37,813,095 176,177,414 191,434,333 2,oud,oj7 income oper. Approve quarter of 1950 were more than year. New fabrics and patterns, of 50% wool and Investment the SEC with Organized in November, 1943, as Rio Bravo Oil adopted its present hame on June 9, 1950. carpet, made Bond Files With — company 1950—5 Mos.—1949 $ 31,726.894 revenues due semi¬ eventually, participate. Most employees will be eligible for a non-contribuury pension of $100 a month including social security, at age 65, after 30 years' service, with proportionate amounts for less service. James D. Wise, President, announced that the company's sales volume for the first half of 1950 was running approximately 25% ahead of the first half of 1949. He salcl«that sales for the second A $ Milwaukee, Carpet June on accord¬ From Jan. 1— Synagogue, 150,000 units of beneficial interest. 1950—Month—1949 Canadian National Lines in New 2,244,618 Tamid employees 8,000 from Proceeds construction, mine. Gross stockholders The 2509. Period End. May 31— 7,234,361 8.002,C23 6,707,960 1,074,149 Co.—Stockholders Programs—Sales Show Gain— Pension all issuer. 171, p. 2300, June 23 filed a letter of notification Company on May- Bigelow-Sanford $2,500,000, Atchison, Topeka & Santa Fe Ry.—Earnings— The Gross Ner the to finance new Camp B Mining Co., Wickenburg, Ariz. 1,564,125 980.495 171, p. 2294. El for agent as used $2,771,831 1,529,770 907,795 1960; and 101 and interest for 41/2% bonds annually from Nov. 1, 1960 to May 1, 1965. parent. company's $3,015,731 1,424.378 income oper. acted Securities and Exchange Commission— Net 280,312 shs. 537.614 shs. None 2333,038 shs. outstanding at any 2% per annum. $6,000,000 exceed to such referred year not amount days unsecured notes, at an interest rate of arrangement 55.100,000 of notes were 90 on Under $2,800,139 income— Wis.— Bonds Offered—Seligman & Co. and Braun, Monroe & Co. on June 27 publicly offered $290,000 of first mort¬ gage serial bonds, dated June 1, 1950, at the following prices: 100 and interest for 3V2% bonds due semi-annual¬ ly from Nov. 1, 1951 to May 1, 1955; IOOV2 and interest for 4% bonds due semi-annually from Nov. 1, 1955 to May 1, '$1,800,000 Angeles, 1947 railway from Net has company of 1943 railway from Beth an arrangement with Security-First National Bank of America National Trust and Savings Association, Citizens National Trust & Savings Bank of Los Angeles and California Bank to borrow from time to time up to July 1, 1330 "The Bank an Gross Co. & the bonds will be sharej, 1949 railway oper. Witter Dean the sale of ing to Ralph Elsman, President.—V. covering 35,000 shares of common stock to be offered at par without underwriting. The proceeds will be used to RR.—Earnings— From Jan. 1— $1,368,000 10,300,000 6,950.000 6.000,000 9,000,000 shs. shs. shs. shs. from ry. has sold to the New York Life Insurance first mortgage bonds, series C, due in 1975, it has been announced? Canada—Bonds Placed Privately Erie railway from Net California Water Service Co.—Bonds Placed Privately —The company Co. in two instalments $1,600,000 of ZV4% 2294. 195C Net Outstanding Unlimited Unlimited Unlimited Unlimited Unlimited $6,000,000 1969— — 1974— 1977 Series E, l33/s'// )_. Series F, due Nov. 1, 1979 (27/8%)__ Short-term notes (90-day bank loans) Cumul. pfd. stock ($20 par valuei — B, Series C, 1,999,563 1,069,322 1.169,155 placed privately in has company Gross mortgage Series 4,145.623 2,218,033 May— EFFECT'TO PRESENT FINANCING GIVING CAPITALIZATION First 4.719,151 2,009,223 682,691 958.697 Bessemer & Lake future such for plans 4.101.335 2.200,634 income— the United States an issue of $8,000,000 first mortgage 2V2 % bonds, series H, dated May 1, 1950, and due May 1, 1960. The Montreal Trust Co., New York, N. Y., has been designated paying agent for the principal and interest. The proceeds wert used to redeem cn May 1 the outstanding first mortgage 5% gold bonds, series C, due 1960.—V. 171, p. 1x42. in engaged is company 4,217,076 railway railway oper. Bell Telephone Co. of The in its history, it is expected that required. The company's present construct on program funds wiil be largest additional the PLANS—Since FINANCING FUTURE ry. ♦Deficit,—V. 171, p. Further information follows: date. the issue of June 19, Paine, our from Net Webber, Jackson & Curtis, Stone & Webster Securities Corp. and Mitchum, Tully & Co. on June 15 publicly offered an issue of 125,000 shares of 5% cumulative preferred stock, 1947 series (par $20) at $21.50 per share. The offering was oversubscribed and the books closed on the same in lrom Gross Ltd.—Preferred S^ock Sold Associated Telephone Co., —As mentioned William remittance B. Dana Company, for foreign subscriptions and advertisements must bs mads in New York funds. y Number 4921 Volume 172 . . The Commercial and Financial Chronicle . The 3 (3L Capital Flotations in the United States During the Month of May And for the Five Months of the Calendai Yeai 1950 3% emissions in May aggregated $672,117,936 a total volume of $435,481,000 in April, representing an increase of $236,636;936. Corporate Following rprevious month wherein stock offerings in This reversal can readily be seen by a glance at the figures which reveal that a total of $279,450,000 in public utility bonds were 31.60% of the month's total and compared with $137,615,- that category far exceeded bond issues. 000 made up of fact "January A of. 155 A further that " tuted , a a 181.500 181,500 100 2 273,275.500 100 b 2 years i the of May.: on L--C bank a of'which E series on discount a basis, have oasis, C-1948, C-1949 State of series D Comprised a 10-year'maturity, of at and Sept. C-1950. to as OF Accepted Jan 5- 91 day Treas. bills 904,785,000 91 day Treas. bills 905,112,000 bills bills Jan 1 U. Jan and Jan of S. indebt Savings 1978, inclusive. Tax Antic'n Total for $ 902,376,000 4,607,000 900,7,76,000 4,336,000 902,376,000 .902,846,000 '„ bds. Indebtedness 900,178,000 . 5,371,726,000 . 900,603,000 municipal financing for the first five mpnths of Co. Supply 3lA% Feb 2 91 706,854.823 1,631,000 notes_ 1,631,000 * 411,046,500 January 411.04G.500 10,106,377,323 8,975,659,000 1,130,718,323 1,001,645,000 2,524,000 2,684,000 day Treas. bills Feb 20-year "February , $1,391,615 day Treas. bills 1,004,360,000 91 day Treas. b lis 1,003.214,000 1,000.530,000 Feb $-234,831,046 91 16 23 91 day Treas. bills 1,000,930,000 1,000030,000 Feb Total Refunding $233,439,431 9 1,000,827,000 1,001,836,000 Feb I ' 1 notes 1,918,018,000 581.028,070 1,918,018,000 20-rao. Treas. 1 Feb. 549,563,440 6,286,228 555,849,668 March 362-905,565 2,913,516 365,819,081 Feb April 169,694,702 ,6,114,910. 175,809,612 303,791,354 14,116,294 U. Feb'- S. Savings bds. 1 • ' : ' : Depositary bonds 1 Tax Total Antic'n for Mar 581,028,070 2 91 Mar 1,037,000 notes_ February day 1,037,000 229,374,900 229,374,900 6,739,606,970 5,922,141,000 Treas. hills 1,000,248,000 1,000,248,000 $30,822,563 ^1,650,217,055 "Figures revised. 1,001,102,000 Below we'present a tabulation of figures since January, 1948, showing the different monthly amounts of cor¬ poration financing. Further revisions 01 the ia*9 arid it 50 figures may be necessary, particularly as additional private financing is brought to light. ' . ~. CORPORATE OF FINANCING BY New Refunding Capital S $ 1950, 1949 New $ Capital $ i day Treas, bills 1,001,102,000 91 day Treas. bills 902,416,000 91 day Treas. tills 900,323,000 day Treas. bills 901,893,000 900,943,000 Mar 16-mo. Treas. notes 2,741,319,000 1,860,166,000 2,741,319,000 1 Mar 15L 6- yr.' Treas. U. S. Savings bds. Depositary bonds Mar —+1948 Total Refunding $ New ' Capital $ 1 373,524,374 March—' for ». 661,164,348 107,974,500 553,189,848 457,478,725 1.295,000 $ 148,580,192 March First 20,487,877 169,068,069 245,905,085 7,512,700 253,417,785 565,380,788 14,091,516, 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 1,364,975,828 1,098,082,141 346,625,260 88,855,740 1,221,250 244,859,670 435,481,000 672,117,936 683,528,072 427,258,266 296,429.400 34,050,000 1,216,258,618 30,519,224 1,246,777,842 597,397,598 2,196,216,090 65,790,474 2,262,006,564 1,554,058,367 1,068,072,451 quarter 48,067,700 1,146,149,841 1,644,877,649 113,723,057 a 684,749,322 569,550,792 51,687,500 330,479,400 387.109.977 4,154,647 29,896,829 June ,'1,758,600,706 6 91 day Treas. bills Apr 13 91 day Treas. bills Apr 20 Apr 27 1 quarter months__ July 3,294,298,231 113,858,174 3,408,156,405 621,238,292 Apr { 391,254,624 , Third day Treas. bills J.,001,540,000 903,026,000 98.514,000 bills 1,000,032,000 902,846,000 97,186,000 887,097,000 887,097,000 notes 3,503,558,000 3,503,558,000 bdS._ 422.535,517 6,758,000 422,535,517 Depositary bonds Tax Antic'n notes. 210,534,700 210,534,700 5 Treas. yr. U. i. 1 S. Savings for April__ 8,934,763,217 8,003,848,000 9i day Treas. bills 1,102 ,229,000 1,002,780,000 99,449,090 199,462,033 3,398,398,049 3,198,936,016 May 11 91 day Treas. bills 1.102, 803,000 1,004,410,000 98,393,090 May 18 May 25 91 day Treas. bills 1,102. 027,000 1,003,584,000 91 day bills 1,102, 992,000 1,000,930,000 U. S. Savings bds._ 415, 584,805 17,864,226 446,552,109 508,794,501 16,774,735 ' 525,569,236 8,118,500 127.184,110 259,360,941 3,090,0(J0 262,450.941 43,097,486 171,539,039 461,630,369 26,631,500 69,080,212 ! 745,275,258 1,229,785,811 — 488,261,869 , 1 May May Treas. October—.—^, 441.179.034 182,938,386 4,153,431,663 » 90.958,444 ' 4,428,721,827 532.137,528 November 182,930,760 35,125,000 Depositary bonds— May 1 Tax Antic'n 314,693,097 105,249,790 419,942,887 18,743,019 504,013,576 15,600,000 695,623,105 181,500 181,500 273 275,500 notes. for 273,275,500 May. for five months... 4,811,704,000 1,087,338,805 41,075,811,959 36,219,869,000 4,855,942,959 5,099,092,805 4,071,860 648,731,012 "INTRA-GOVERNMENT Fourth 231,333,234 938,802,941 quarter 1,170,136,175 '38,414,879 1,829,624,674 Issued i 699,694,965 . 1,868,039,553 414,271,620 5,323,567,838 4,909,296,218 6,258,346,501 - ,. , January-— $ 117,545,000 139,815,000 491,482,000 +351,667,000 257,360,000 651,314,000 1393,954.000 ' 159,000,000 90,760,000 53,045,000 828,047,000 105,955,000 t737.287,000 249,760.000 881,082,000 1631,332,000 — _____ _, for February— Certificates Secretary of the Treasury Snyder announced on May the offering, through the Federal Reserve Banks, of Treasury Notes of Series D-1951, open on an ex¬ change basis, par for par, to holders of Treasury CertifilJ/4% •of of Indebtedness $5,018,788,000, of which Series will E-1950, mature on Applied for in the amount June 1, 1950. Accepted $ Yield Price Total Jan 27 Feb 2 91 days 1,685,534.000 1,001.645.000 Feb 9 91 days 1,637,001,000 1,004,360,000 Secretary of the Treasury announced on May 12 outstanding issues which may be redeemed at the option of the United States on Sept. 15, the bonds of two 1950, called for redemption on that date. These issues Treasury Bonds of 195(L52, dated Sept. 15, 1938, due Sept. 15, 1952, and the 2% Treasury Bonds of 1950-52, dated April 15, 1943, due Sept. 15, 1952. There :are now outstanding $1,185,841,200 of the 2%% bonds .and $4,939,258,500 of the 2% bonds. .are are the 2V2% The Treasury Department in May, outside of the above, Bills, Savings Bonds, Depositary Bonds. ury Tax Anticipation Notes 7 Feb 16 91 Feb 17 Feb 23 91 Jan 20 Feb 1 Feb Feb.1-28 Feb Feb 1-28 Feb Ceitificates *1.132 Notes 1,003.214,000 1,000,930,000 1,918,013,000 1,918,018,000 100 10-12yrs. 1 1 Feb *1.131 99.714' 1,551,109.000 L554.884.000 581.028.070 - - 12 yrs. 1 2 yrs. 581,028.070 1,037.000 1,037,000 100 229,374,900 , a 229,374,900 100 1 i a UNITED STATES . 2 FINANCING DURING Amount Dated Due Feb M&r 24 Mar 2 91 days 1,664,590,000 Mar 9 91 days 1,525,461.000 "99.713 1,000,248,000 3 1,001,102,000 i *1.13(7 99.712+ *1.139 1,641.347,000 902,416,000 Mar 17 Mar 23 91 days 1,477.357.000 900,323,000 99.714+ *1.13.1 99.712+ *1.138 Mar 24 Mar 30 91 days 1,423,742,000 901,893,000 99.711 Feb 17 Mar 16 mos. 2,741,319,000 2,741,319,000' 100 Accepted 1950 Feb 17 100 $ 91 days 1 Mar 15 5 years 1,860,166,000 Jan 27 Jan 6 Jan 1,782,159,000 99.727 *1.081 10-12 yrs. 524,479,344 524,479,344 Mar 1-31 Mar Mar 1-31 Mar 12 years 2,367,000 2 years 1 361,658,300 99 723 + *V.fV6 days 1,646.065.000 905.112.000 1,633,106,000 902,376,000 99.722 days 1,614,132.000 902,846,000 1 1 year 5,371,726,000 1 10-12 yrs. 706,854.823 26 Dec 19 Jan Jan 1-31 Jan Jan , a 12 years 1 1.631.000 1.631.000 ino 2 years 411,046,500 411.046.500 100 Digitized forTotal for January.— FRASER I ft 5,371,726,000 100 706,854,823 10,106,377,323 "1.101 a ; 2 17.950,000 413,600,000 • for +314,072,000 229,528,000 April— 525,650,000 +296,122,003 May— Certificates 210.000,000 16,550,000 35,693,000 163,570,000 245,693,000 J — Notes 180,120,000 _ Total for for five May_ months— 6 91 days 1,428,398,000 901,559,000 99.710 *1.148 91 days 1,367,892,000 1,001,149,000 99.707 to Service Life Retirement Apr 91 days Apr 27 20 91 days 1,658,682,000 1,001,540,000 System, Insurance 1,000,032,000 99^705 Federal 100 887,097.000 Foreign Service Retirement Alaska Railroad Retirement Fund Government Fund, 8avings and Life Insurance lft', Apr 1 15 mos. 887,097,000 Mar 20 Mar 15 5 years 3,503,558,000 10-12 yrs. 422,535,517 a Deposit Insurance Insurance Corporation. on page 6,758,000 6.758,000 100 2 2 yrs. 210,534,700 210,534,700 100 b In the Apr 1 422,535,517 4 lft Apr 1-30 Apr 1 b lowing ures * Apr'1-30 Apr pages -with for April 8,934,763,217 we those period in the four affording Total Fund Post* Servlc< Corporation +N<|t retired.' 6) comprehensive tables a 12 yrs. Apr 1-30 National + *1.166 Mar 20 3,503,558,000 100 Fund, Federal Loan (Continued 99.706 +*1.162 1,549,288,000 Fund, Zone Retirement Fund, *1.160 14 65,573,000 3,381,306,000 t2,028,417,001 notes Canal 10.195,971,644 13 21 127,877,000 sales of special series certificates and notes; certificate! Adjusted Service Certificates Fund and Unemployed Trust Fun< to Federal Old Age and Survivors Insurance Trust Account told ind Apr Apr 193,450,000 + •Comprise 100 2,367,000 Apr 7 1,302,889,000 a. 361,658,300 100- 99.721 + *1.103 19 Jan 112,050,000 99,528,000 Civil March_____ for Apr $ 904,785.000 91 Jan 20 Jan days +772,582,000 *1.145 Apr 91 days 13 Jan ifan 1-31 91 12 Jan Jan 1-71 91 5 1,093,130,000 130,000,000 Total 1,860,166,000 Mar 1 Yieid * "Dec 320,548,000 lft Mar 16 Mar 31 Price t842,982,000 April— 1 ft Mar 10 and Amount Applied for 70,400,000 913,530,000 1 b Total Total TREASURY Date 179,600,000 70,548,000 6,739,606.970 February .1 • 250,000,000 . Total for March Notes for j.< lft1 Certificates Total . t 99.714 days days 20 mos. ■ March Savings Offered February. v 99.717 + *1.11-9 Mar 1-31 -confined its operations to the usual weekly sale of Treas¬ for 99.717 + *1.118 3 The that ■{ , — Notes Feb Feb 1-28 •Cash subscriptions will not be received. Due Dated Amount $ Offered ;22 •cates Amount Date +42,28*1,000 January 284,373,147 6,542,719,648 Total Treasury Financing in May $ 159,832,000 ... Certificates tRevised. Net Issued Retired $ Notes Twelve months FINANCING 519,613.576 - ' 98,443,090 102,052,000 415.534,805 245,958,268 4,674,680,095 629,987.993 218,055.760 December 930,915,217 46,496,235 1,276,282,046 Total 3,970,493,277 6,758,000 4 128,441,553 months_ 95,387,000 day Treas. Total Nine 905,762,000 85,738,976 1,639,797,343 676,195,046 1 quarter, 901,5^9,000 627,294,427 119.065.610 September 901,559,000 1,001,149,000 > 91 1 Apr ! 428,687,833 j .___ August 889,454,644 91 Mar 15 May Six 361,058,300 9,306,5^,000 15-mo. Treas. notes Total Second 524,479,344 2,367,000 .L_ 10,195,971,644 Apr Apr April May 524,479,344 2,367,000 .361,658,300 a•.. 366,302,411 1 February 950,000 1,860,166,000 Total *. ,2,590,000 376,114,374 579,472,304 , 902,416,000 • Tax Antic'n notes. Total Refunding $ ' * $ 458,,773,7?5 notes Apr . January 817,465,970 900,323,000 91 1948 AND —+1949 Total 91 Mar MONTHS -1950- , 9 Mar 23 $1,619,394,492 Total Mar 16 Mar 30 promissory notes, April 1, 1975; $30,000,000 Seaboard Air Line RR. SUMMARY 818,000 '317,907,648 ' • May stock; $30,000,000 Na¬ Distillers Products Corp. 2.80% 2,243,000 5,371,726,000 706,854,823 Depositary bonds 1 1.07%. interest $ 12 Treas. first mortgage bonds, due May 1, 1980; $30,599,325 on about New Refunding Jan Jan day Treas. 2%% public improvement bonds, due from 1954 to earnings $ day by C Total Amount Ctfs. ,— a G FUNDS Type of 91 Financing Series Security Dated 91 January. series 1948 USE 1 1950 is set forth below: on maturity, If held to maturity of 3 years Effective Aug. 11, 1949 these notes are sold at par and accrued from the first day of the month in which purchased. $725,000 emission of Kauai County, Hawaii, V-/z%, 2V4% size,; that sold on Aug. 31, 1948. c Treasury notes and interest accrues each month. interest approximately 1.40% per annum. 1, i Toledo Edison Co. $5 par common -due three sepa¬ are ; series F have a 12-year 74, and yield 2.53% and discontinued was began 19 outlay. 41,075,811,959 discount 26 capital new 99.705+ "1.167 5,099,092,805 Jan for , 273,275,500 Jan mortgage bonds, due in 1970; $58,000,000 Ohio Edison Co. tional 415,584,805 Possessions in May was represented by the Massachusetts United States , 27/8% issue included: the $75,644,900 offering Trunkline* Gas 1,102,992,000 415,584,805 a 12-year maturity, are sold at 100. and bear 2ft% interest, Comprised of separate issues designated Treasury notes of tax series b Municipal financing for May amounted to $317,907,648 a total of $175,809,612 placed in, April. Phillips Petroleum Co. 2%% debentures, due in 1995; $61,000,000 1,102,027,000 1,533,046,000 Sale of these bonds New. of 99.705 + "1.1C5 1,782,603,000 b^sis at 75, and yield 2.90% C-1947, /• bonds, and the $20,200,000 bond ' : issues, that is principal the 99.705+ *1.1C6 have 31.60 .3,1.95 Large issues in the municipal field placed' during May included the $57,775,000 offering of the City of Philadel¬ phia, Pa., for new capital and refunding purposes; the $50,000,000 of the State of California, school building perusal of the figures for May brings to light marketed in May 1,102,803,000 91 days rate series, sold .ire compared with Total Among 1,73 J,542,000 12 years May 1-31 May . 99.705 + *1.176 10-12 yrs. 1 May 1-31 May of consecutive montn, tne only preferred stock placements. were '< 137,615,000 214,764,703- % 1,102,229,000 £1 days May 25 May 1-31 May discount 43.15 41 Yield 1,700.145,000 1 1 days May 18 May 19 rate 21.96 230,734,000 ____ "Revised. $60,136,856, or 8.95% of the total represented com¬ stock financing, while $65,192,930, or 9.70% consti¬ mon 37,132,524 40 22 May separate issues were placed in 18.65-%.'* v ; "V or 20 April or which 68 constituted bond issues 786, May 12 •Average Total 21.68 8143,175,740 Price 91 days Total for five'month* %'of l : Accepted year. f_. March May of totaling $546,788,150, or 8l!35% and 87 stock placements amounting to $125,329,total 28 : February exception being for May, 1947. , 5 .. Tctal Amount qf Issues Amount Applied for Due May 4 May 11 in the five months .v all that $427,258,266, continued for the 35th was for Corporate issues placed privately 1950 by months follow: • No. categories in May over 63.57% was .obtained for, new money purposes, while only $244,859,>670, or 36.43% was earmarked for refunding operations. Jn this respect the pattern of new financing wherein new money has exceeded funds raised for refunding purposes corporate' financing 28 Total for placed in May contrasted with a total volume of $93,627,496 for public utility stocks. The latter figure was comprised of $44,074,398 in common stocks and $49,553,<098 of preferred stock issues. Total of 22 issues in April of the current Amount Dated $ Apr Corporate issues placed privately with insurance com¬ panies and others in May comprised 41 in' number for an aggregate total of $214,764,703. This Represented of the discloses the Date Offered May offerings in May continued to lead the various categories in total volume of financing, but reversed its periormance due May 1, 1980, and $30,000,100 issue of the Potomac Electric Power Cc. 2%% first mortgage bonds, due on May 1, 1985. long established precedent public utility a first mortgage series B bonds, the compared with a compare for the on the the fol¬ May fig¬ corresponding years preceding, thus five-year comparison. am Total $ 7,50 , 0 7.942.50 24,035 0 149,80421 10 ,50 17.80, 46,9230 7,841,0 620. 0 1647JB'3oO u,219 59.07 6,85 ,0 102,967421 7,50 , 0 -1946 Refundi g 536,0 4720 1 .87625 15, 715 9 $ Capit l 84,015280 52,67548 4,10470 $ New $ Total 31,8210 2,50,0 203,96450 19,06598 $ Capit l New Total $ 525,0 3 307,45 0 63,2 903 19,6524 Refundi g 2,965,10 $ ■1948- 27139,0583,24562994 20, 0 15,70 106,28 43 2,0 ,0 2,568,4 5 850 610, 0 127,549271 75,0 0 431,9074 25,0 0 3,2695 85,0 0 20,143 5 6.17 *150 46.78,127 527,250 287,50 2.61 ,930 1,021,8.01 41,75619 2,0 ,0 4,93871 15,90 6,~17~150 70,13 407 527,250 287,50 42,61 930 1,02 801 4,925619 12 .850 107,2540 17,642.36 2,0 ,0 50 ,0 0 15,0 0 23,65280 40, 0 3,150. 0 84,015.280 New $ Total 37,10 206,8710 3,50,0 50,6850 1,750, 0 1,250, 0 1,30 0 31,8210 945,0 R4-107 efundi g 2,50 0 187,90 5 16,4350 $ Capit l $ 80 ,0 361,750 Total 48,5 0 7,982,015 60,9162 $ 450, 0 14,80 18,795 3,50,0 34,250 805,0 1,30 83,2945 6,23,962 6 1,20 61781,,6033952 23,02439 37,10 294,8512 3,50,0 179,3841 2,304,109 1,250, 0 18,92 50 537,41 539 945,0 0 80 ,0 90,1 367 2,50 0 270,5895 24,3870 7,342,583 5 4,109 14,80 24,0357 3,50 0 154,7 18 1,359,109 450, 0 18,642583 132, 072 286,917 319,4782 ; 217,96 584,0 1,9360 83,2941 24,35.0 217,69 805 10,675 20,35264 2,0 ,0 24,8960 391,264 13,5105 20,35264 2,9 5,1 0 $ 104,6824 286,917 18,0 418 2,50 , 0 24,3850 179,850 87, 150 ~ 584,0 2,0 ,0 12,80 307,45 0 122! 7,629,50 82,671450 7,952,0 28,5705 Refundi g 17638,0 1,357,150 -1948 5 4,109 125,93.418 New 84,1250 190, 3216 65,0284 4,154,6 7 $ Capit l 715,986 391.264, 65,897 726,20 367,40 4 4 610, 0 75.0 0 324,6850 25,0 0 15.684,720 85.0 ,0 17,5 0 543,0 72 -1046 Refundi g 32,90 1,405,643 35,82351 23511137987,,94,4668229 83,2945 2,50,0 14,56083 17,56 98 897.50 950, 0 527,250 287.50 1 ,70961 6730.0 64.10,36 2.61,930 1,021,801 734 1064 23,16759 7,0 .0 436.89,1 40,95 0 6,30~0 103,46 3 85,27 50 42,61 930 1,021,801 g5,0~69704 859,73 519 610, 0 7.0 0 325.18 0 40, 0 39.05,0 85,0 0 40, 0 20,725,0 627,50 $ 20, 0 48,09 0 107,694076 2,0 ,0 687519,03. 1,50 . 0 -1947 Refundi g 2 8,5 7 05 89.410736 $ $ Total 432,40 1,093,60 2,9 20 4,154,6 7 1,85 ,4 7 SfBR^GfFIetDnoctreavbShvaormdaslugtniupimckmpdlenyldeyt.s. IFTTUMSCOFYNOAHRHIEIPNAVERADRES 38,2450176,204g91,7o8605 5,40296,4350 70, 0 1,3690 89,423061 9,1645802 80 19,456 38,2450196.82049,56382107 403,168 427,586 MFFTATIMUNGOFLFOAOVHCIERRAVPEDNRMEIRGYGLN, YEARS Capit l 459,103 304,530 62,9070 19,2784 $ New Total Keiundi g 14,05 0 2o, 7o6 Capitl a New Total $ COORPFATE, Total $ Capit l 526,0o815 12.70 3 65,12930 53,9456 8,0 ,0 ~ 142~ 90 725,0 0 672,1 936 70,250 317,90648 Total Capit l 296,43250 1,36910 60,17480 59,13746 16,0826829,0,979508644 ONGARENUFPWID notes notes notes- $ $ 43,08 0 79,450 1,250, 0 68,50 6750,0 7,0 70 206,830 375,0 150, 0 525,0 0 k, ■ 65,897 14,05 0 1.402,560 750, 0 9,165,0 1j0,7v384 65,897 —*L 584,0 1,9360 82,0524 24,3850 215,397605 9,812 08 20,35.264 2,0 0 24,8960 37,t5<l605 13,07865 20,35264 6750,0 1,402,560 7, 50, 0 12,0564 43.08, 0 192,53840 1,250, 0 7,1570 *1 h r - — 20, 0 30, 0 1,250, 0 2,80,0 20, 70 43,08 0 69,4750 65,70 6750, 0 7,0 ,0 309,103 150, 0 459,103 68,2450 279,450 5,0 0 6,26,0 6^03,750 89,14 90 9,510, 0 4,0 ,0 5,908,50 70 ,0 12,0 0 12,70 0 93,627496 1,041,648 10,83.05 506,92 1,280, 0 18,04 65 125,39786 68,2450 37,0 496 6,541,648 6,26,0 7,596805 89,65182 10,79 0 4,0 ,0 35,94 165 Refundig 30, 0 173, 40 $ -1950 CHAR TE 725,0 427,5826 39, 0 30,791354 71,6420 142, 90 2,50 , 0 1.402.560 750, 0 90,738 40 9,1650 New 24,859670 30,8150 14, 6294 New 2,50 0 1,250, 0 2,80 , 0 -1948 Refundi g io76 ,o 296,4 0 50,650 35,06 9 Retundig 29,65 0 1,309 5,018,05 854,820 8,0 .0 24,3850 178,240 86,42 350 584,0 2,0 ,0 12.80, 304,530 $ 192,03 2.340, 0 50,780 51,27640 $ SUM ARY New 38,07 0 6,892,104 79,012 4 34,05 0 s -1950 Capitl 387,109 604,5178 $ -194 $ 30,479 0 8,6750 341,957613 v671, 2013 203,80 2,540, 0 70,8.0 51,27640 $ 35,270 182,3 01 25,9720 7,50,0 4 9,50 159324,0,0381 1.3 0,9 0 1,309 237,6590 4,20~40 1,68~470 6750, 0 1,402,560 7, 50, 0 102,5640 43,08 0 162,53840 74,9150 5,872,870 30, 0 17,938 0 27,640 7 7,50,0 Capitl 1,780,40 32839746,0,1,44590 672,193 24,859670 New — $Notes— ' —etc—.- manufctrig— — hoeldtcin.g, — Notes— etc manufctrig hoeldticng.," etc1— manufctrig— r — hoeldticn.g, -- —etc. acesori—_mnufactrig hoeldticn.g, * —fuionbtcailndese agencis&t., MOFAY OFAM Y DtCorp ae- omestic— Lboonagn-ntdedrsm Short-e—m Presftocrke—d stock Candian- bLoonangn-dtedrsm Short-em Presftorcekd stock_ bLoonagn-ntdedrsm Short-em Presftocrke—d stock ;corp ate. GCoavnerndmiant forgeoveirngmnt GLoaavnnd, SPostae eins toal— fdignuoroest BLoonagnn-TddesrmRailroads utiles cscotopeaellr,,,Eqmaunuipfmtent aacesnorid— indausntrdl — bueildtncgs, - titrnravuedsstimngn,;Miscelanous - BShooarnt-Tdesm Railrods' utiles ccsootpeaerll,,,Eqmuaniupfmctesnt inadunstrdl bueildtncgs, tItnrravuedsstimngn,,Miscelanous Rail:roa--ds Utiles sccotopeaerll,,,Eqmuaniupfmctenst indaunstrdl bueitlcd.—ngs, Ittnrrvauesdtsminng,,Miscelanous "sdao?«R Utiles-. cscotopeaelrl,,,Eqmuaniupfmctens-t andindausntrdil -i bueildtcng.s, j.Inttvrreausdtmsinng,,MlsoCUanes sceocrupritate fOoretighn-er BIntearanioknl Municpal—Stes, MONTH Com on Com on - MONTH Com on Grand Total Other Farm II United * *Tbese Tota—l Public Iron, Motors Other Land, Rub er Ship ing Oil Total Public Iron, Other Land, Rub er Ship ing Stocks- Total Total Public Iron, Other i— Lgnd, Rub er Oil Ship ing Public iron, Motors Other — Land, Rub er Ship ing Oil Total $ 1,60 37 2,650 57,69 85 302,41 48,20 90 ,0 0 7.50,0 7,942,50 51 ,0 7,841,0 Capitl 238,61094 270,9 25 271, 295 1,3924065 63,8250 385,4762 187,031 39 ,0 0 $ 3,250 31,90.57 —1947 Refundi g 504, 83 2 139, 652 Capitl 87,65.827 60,590 246,01 47 15,9254 1948 Refundi g 157,64 50 $ Capit l 2,08174 50 New Total $ 1,749 508 New Total $ 13,046 0 2.0 ,406 15,0 0 12750, 71,34572 57,31.573 40.9 ,50 6790 0 19,7083 436,0 75,0 0 51 ,0 287,50 3.81,7 3,50 46751720 362,405 2,90185 3.79,3 1,02 801 9,15 12 68,01253 13,046 0 35,840.17 18,530 58791*.720 43,75026 80,23 4 287,50 4,7183 1,02 801 16.05,12 87.5,406 98,150 62,04 5 3,50,0 2780. 354,605 10,75 0 3,1 .0 65,0 0 50,2 0 20 ,0 0 59,7 0 63,8250 207,914 6 294,1273 25,64 739 3,20,0 2,0 ,0 50,1 672 98,150 870,1543 3,50 0 2^807 0 652. ,73 127.395, 36,1 0 65,0 0 270~ 70 159,2.67 708,930 4,908317 24.30, 523.4 ,519 3.0 ,0 59,7 153 945.0 31.46,10 25,Of)0 "708.930 9,578 03 4,05 0 56,40 60,59 0 5,67 19 281,549 25,64739 3,20 0 1,29 07 45,2 35 74,510 347,2607 3,50 0 0 0.To, 592,83.60 126,450.739 4,850. 40, .0 17291,07 150,3469 375,0 1,450 1,925,0 214,70 1,096 75 47.238,0 5,0 .0 8.50, 0 549,726 403,56814 026.594 14,0 . 0 10. 0 378,059.47 65,897 65,897 ~ 3097l03 17450, 0 1,859103 $ New Total t 3,0 0 47,136 95 945,0 31,46 10 25,0 0 1,635 86 -1047 Refundl g 24,30 371,0 5642 $ Capitl 74,510 291,5840 3,50 0 19780, 307,2 805 10,850 1,650 40, 0 48,56 14 $ New 214,70 961,7480 36,50. 0 5,0 0 8,50,0 426,9350 27.30, 26,540 14.0 , 0 3297 5,0 297,30 14,87561 40 ,0 1,859103 206,31 256,30712 170,48 0 1,29 087 3,750. Capit l 172.04 913,820 30, 0 5,0 0 8,50 0 407,13.850 251, .0 15,240 14,0 0 319,750 419,03 1,04689,04 16,0 0 Total 5,0 2,640 165,48 750 263,85 0 15,0 0 2,680113,53874950 165,0 281,250 —194 Refundi g 62,89 70 20, 0 Capit l 1,652078 36,01293 52,9 0 679,25 6 30,625.0 "812.718 16,47802 307,68427 14,609 2,81957 9,6275 28,610.24 6,814 05 5,043,52 5,0 0 $ $ 2,3_1975 2,69725 10,38 97 467,850 1,3 98 65,897 $ 812/718 60 ,0 217,3861 5,625,0 96,728 4 Capitl 2,5176906374188,214.659,50324 3,281956042,47951830,7805.17,692 YFEM3IAOVTNFRSTDUIOHSSNAHREED YFME3ITFNAOVMIRADLHOF1UASONCRRPDGML NPrMoCeav^inIwGFftftcobevlrdaghudrmogyumnsicpl.eys. 2,3980 2,14,0 4,150, 0 1,925,0 213,45738 261,350 84 $ 50,0 0 iBpnrulanscweicdk 82,1 0 30, .0 82,0 0 1, 295 86 23,0 0 10,273497 New Total 2,064 0 fRBecUonlSnasUttreutrna-ikiesd. 45,0 0 148,05 17,6 832 29,0 0 39 ,0 0 287,50 250,7 452 9,15,0 47,26 438 459,13 48 23,501850 6,16,930 1,02 801 1.42 37 78,309 86,953486 539,041 715,09.42 49,150 597*64.38 59.28,34 38.01,85 14.896,50 47,561.430 1,(fel801 25,681.237 16,48.30 $ 10,273497 §82,1 0 75,0 0 230,5 0 1,30726418 52,0 0 $ $ 2,6 5,0 50 ,0 73_6"o75 18,24 67 -1946 Refundi g 52 .9 ,0 459,8 2 4 25,0 0 64,7 9258 307,168427 14,609 29,750 345,906 8 New Total 125,0 $ 12 342,8650 14,038 90 .0 $ 2,50 0 372,140 459, 08 7,50,0 ~T01,50 -1946 Refundi g 1,367 590 2,140 304,71960 31,9826 48,20 0 $ 539.041, 461,8730 40, .0 77(o7(o7 136,095 364,50 14,609 41, 50 1472~60 38,01250 Total 2,4750 145,8.70 263,04.5 1,73609 92,570 29.456,20 342,86304 27.54,50 3,0 ,0 75,0. 0 10. 0 2,475 64 $ 9,4 0, 0 — Refundi g 42, 90 47,92 80 6,50 0 19, 650 21,075 0 1,30 $ 1948 % New 24,960 638,9 0 79,0 0 6,39,0 4017395.0 146,90 17,630. 45,~607 O 15078 ,60 $ 1,250, 0 7,130. 0 7,lf 0 —194 Refundi g 47 295,70 Capit l -t $ New Total 495,80^ 1,65027 5 21, 0. $ 1,6243178,30955209440865 5831,7024627,59683 2,51796204.083697,8845 20 ,0 872,,6954.3820 157,64 50 10 , 0 12,,173269740.85508 ~ 152746,8 1276 ,458 19 147,8 95 10,7380 123,046 135,76814 10, .0 47,3874 11.6.8074,058 1,3602,874120536 6659 ,53 42, 9.0 53,24536 6,50 0 -25,13 021,0075 1,^0 10.3651 169,5 204 142,965 10,7380 17,5861 135,76814 10, 0 46,78231 1,486527,9385 523,.1866,4301785 5.31,736 5,945,605 413,250 175,0 0 1,402,560 46,8502 172,04. 1.056,4729 40,7380 5,0 0 8,50. 0 524,134 386,91 4 15,24.0 14,0 0 10,7) 0 367,9 231 428,76 05 24,960 896,03752 104,2570 6,39,0 502^7681 147,3 .250 17,805 0 "(70 ,0 1,402560 197, 260 2.640, 0 2.640, 0 254.83,62 24, 570 10,81 7 165,0 165,0 0 20. ,0 2,475.0 24,960 591,6820 78,650 6,39 0 3947265,0 146,90 10.43,0 45,60750 15078~ ,608 310,260 986,7150 65,3750 6.26,0 138,5 .20 140,9350 2.915,0 60,0 6,50,0 126, 350 3,05 0 3,250 10 ,0 62,89 70 $ 2,0783961 13,205 1,0954 83 16,0 0 15,0 0 542, 90 287, 5.0 14, 7921 Total 04,0500 2,475.0 175,0 26234,8 2 4, 570 10,8 71 413,250 1,402560 46,0382 408, 5.0 24,960 82.6 ,82 102,8750 6,39 0 4957 6,81 147,3 250 10.58,0 45,60 1,402560 197.4 ,10 4.80 0 70 .0 281,250 5 4 281,250 20,81250 67,407 1,250, 0 7,130, 0 7217,0 60 .0 310.26,0 1,4620 74,96312 6,26,0 203,96.73 14,25.317 24,350 35.4951 25,476.35 87,05 0 92,57 0 42.687,40 9.426.52 64,715 23 4,64,017 1,520 29,043.951 41,78 36 57,8431 83, 8950 20,7478,539.6161 34,181,25078866670935 CNOOGRREPUFWAPTIE GFCOOVERRPENMIGNATT,,M3A1Y note_s -■ notes- notes .—„ bSfaiutnocnldeydisse M3A1Y Notes- 1.259038- Notes- 41.2,0 54,72139 1.84se,9c5urit7. governmt ac—ies&t.,Posein^ ecotpr, manufces . manufctrig-— —- ,hteoraldtcing. 4,80. ecotp, manufctres 70m.anufctrig-— —1?-■. —hoeldtcing.tra,35,7 - 39,46.20 et5c. ;—manuftres 59.4m0anu,fctr3ig- 61—7 20 h2to.er0al4d3t,icn5g.,196-— 21.3590 8,4 7etc6.-1.—2 manuftres 130,manu8fctr4ig—. 675 2 0 6.—.h5oterla4dt,i9cn1g,73 6 630.18,7 75,0 10. ,0 369,4o" 6 30,82563 1,8950 6,104210 8,0 0 -1950 Rcfundi g 540,16 3 2 51,3 09 25,019365 $ Capitl 1,2364 8 41,2 0 204,3685 36,74259 19.54, 0 $ 542. 90 3.0 .0 New 1,84.95 7 126.0 1,6934 2 19,250 3,60785.49 Capitl 21,3590 649,5328 62,98750 6.2 0 69.14,250 129,0 35 21,95.0 60,0 6.50, 0 96,81.0 ~ New I EMNODNTHS Corpate- Domestic— boanndds Short-em stock stock Candian- bLoonangn-dtedsrm Short-em stock stock foreign— bLooanngn-dtedsrm Short-em stoc—k stock corpate BIntearnaioknlGovernmt foreignGLooavantdn, ♦Municpal—Stes,Staes toal fdignuoroest Devlopmnt, EMNODNTHS BLoaongn-Tdersm utiles csoteall,,Equipment aacensorid inadunstrdl bueildtncgs, Itnrvuesstmn, Miscelanous BSohaonrt-dTesm . utiles csoteall,,Equipment aacesnorid inadunstdrl beutilcd._ng:s, Itnrvuesstmn, Miscelanous Long-term Pref red Com on 5 Pref red Com on Other Pref red Com on Grand Total Can dian Other Farm United "These and tion 81,7690 630,18.7 $ ACHNARDTE OSUMFARY ~ 59~1,50 31,2357 97.8 ,10 362.9 852 2,547,0 73.97 35 1.0 1.0 ,0 51,309 51,30.9 25, 1 40 5^310.935 Refundi g 97,8 10 37.18 2 2.547,0 68. 7,0 1,03 1.0 0 29,73450 548.1632 S —1950 Total S Railroads Public Iron, Motors Other Land, Rub er Ship ng Railrods Public Iron, Motors Other Land, Rub er Ship ng Total Stocks- corpate anEeceutil s csopotaerl,l,, quipmet acensorid inadunstrdl - bueildtncgs, Itnrvuesstmn, Miscelanous utiles— ccsoopteaerl,l,, Equipment aacesnorid inadunstdr l bueildtncgs, tInrvuesstmn, Miscelanous Total Railroads Public Iron, Motors Other Land, Oil Ship ing Total- Railrods Public Iron, Total Motors Other Land, Oil Ship ng 6 The Commercial and Financial Chronicle J6): . Monday, July 3, 1950 . . , bonds, due May 1, 10214 and accrued in¬ Robert W. Baird Ac Co., Inc.; Blyth Ac Co., Inc.; George D. B. Bonbright & Co.; Clark, Doclge At Co.; Drexel Ac Co.; Emanuel, Deetjen Ac Co.; Equitable Secmities Corp.; First of Michigan Corp.; Folger. Nolan Inc.; Goldman, Sachs At Co.; Harriman Ripley Ac Co., Inc.; Hayden, Miller Ac Co.; W. E. Hutton Ac Co.; T. H. Jones Ac Co.; Kuhn,! Loeb Ac Co.; Lee Higginson Corp.; Lehman Bxothers; McDonald Ac Co.: Merrill, Turben & Co.; MaynarU H. Murch Ac Co.;. Newhard, Cook & Co.; Prescott, Hawlcy, Shepard At Co., Inc ; Scctt At Stringfellow; Chas. W. Scranton At Co.; Sills, Fairman & Harris.LtMa and Smith, Barney At Co. 1980. Long-Term Bonds and Notes (issues Maturing Later i. , Than Five Years) RAILROADS - Milwaukee. trust St. Paul certificates, to series 1365, 1, - &. certificates, series {3,630.000 Chicago, Rock Island & Pacific RR. 2'/a% June r . Pacific KR. 214% equip¬ LL, due semi-annually Dec. 1, 1950 to June 1, 1965. inclusive. Purpose, for new equip¬ ment. Price, to yield from 1.40% to 2.525%. according to maturity. Offered by Salomon Bros. & Hutzler; Drexel & Co.; Union Securities Corp. and Stroud 8i, Co.. Inc. Chicago. ment . Price, J2.790.000 Denver certificates/series June to Western Grande Ivio & to 2.45%, 1.30% equipment 2.625%", according and < *750*000 Co.; The Illinois Co.; & Otis McMaster Hutchinson arid & Co. (Inc.I; Co. & Co; {30,000,000 Peters, Writer & Christsn- 1 Pacific Missouri series due OO, clusive. 23/c% RR. equipment to 2.65%, according to Stuart & & Co., Inc.; & Co.; McMaster Inc.; Co., 110.000,000 Pittsburgh Ot Erie 1.35% to 2.15% X, xaol w & Co. (Inc.;: Blair ••• trust, cer¬ x, 1 - - . Wm. Pollock E. & laney. Wells & Co. Reading • 214% Co. equipment trust Inc. Co., and series for to 2.55% to Pr.ce, cqu.pment. new yield from & The Co.; McMaster, Illinois Hutchinson Wm. Co.; Ac Co. E. and Pollock & Mullaney, . Seaboard due Air May Line RR, 1, Bioren Co.; 1980. 3% first mortgage Co.. Weils & bonds, series Ac Co.; B, Broome Phillips Co.; Corp.; Co.; Ac Corp.; F. Ac Co.; Caswell Ac Co., R. L. Co., Caldwell Central Inc.; Day Inc.; National W. & Clarke Co.; Merle-Smith; Ac Richards & Glorc, & Co.; Ac Richard Corp.; Dick Field, Burr I. Francis The Co.; Forgan Ac First Co.; Cleveland Ellis Co.; Ac Co.; Leedy, Rhoades Milwaukee Co.; & Co.; Co.; Homer Otis & E. W. Ac R. Pressprich Ac R. & Co., C. Ac Inc.; & MilleV Co.;'E. Inc.; Alfred Co.; Putnam Ac & M. Co.; Carl Corbett, M. Inc.; Newton Ac Inc.-; Ac Ac *15 000,000 Robinson-Humphrey Co.; L. F. Rothschild Co.; Schoellkopf, Hutton Ac Pomeroy, Inc.; Schwabacher Co.; Robert Showers; Singer. Dean Ac Scribner; Walter ,i Welsh, Wyatt, Neal & Waggoner, and F. S. & Pacific series H. due l7/s%, Ry. annually equipment June 1, 1951 ; Purpose, for new equipment. Price, to yield 1135% to according to maturity. Offered by Salomon Eros.' Hutzler; Drexel Ac Co.; Union Securities Corp., and Stroud +5/220,000 Ac Co., Inc. Wabash due RR. to 2.50%, Ac Co. ties according (Inc.); Corp.; Illinois Inc., June Cc,,* Inc. I bonds, to maturity. Blair, Phelps, Rollins Fenn Ac & Co., & yield Haupt Robert W. Ac American Gas Co. Co.,' notes l, 1950 and due serially May 1, 1952 to May 1, 1965. Purpose, refunding. Price, to yield 1.55% to 2.60%, ac¬ to maturity. Offered by Union Securities Corp.; Eastman, Dillon Ac Co.; Kuhn, Loeb & Co.; Lehman Brothers; A. C. Allyn & Co.. Inc.; A. G. Becker Ac Co. Inc.; Hornblower & Weeks; Alex. Brown Ac Sons; Johnston, Lemon Ac Co.; Raffensperger, Hughes Ac Co.. Inc.; Scott, 2,000,000 Co. America Placed of America Telephone Cc. of Canada 2Va% 1930. Union Purpose, tion. Price. Stuart Ac Gas to 103 Co. 3% and first mortgage interest. and Offered Merle-Smith; W. Presprich Walter Stokes & Co., accrued & and Co.; Newton Salomon Thomas & interest. Offered with Massachusetts Mutual | » •' Purpose, bonds, Power Co. seiies Marion due A. for new i, ■ Co. 100%% Harris, Co 19P0. 2%% 1, Hall first Purpose, Co. 2% % Michigan gram. C. Ac Co. . - Guardian and Forgan Transportation Price, Tenn! % <$108,500). Piaced privately Gas due & Electric 1980 Co. Purpose 2%% to first finance mortgage Filter Life Insurance and & Co. .• ! . loans Price, Ac by: in 9 Okla. ($600,000). 3y*%-4V2%' unsecured Purpose, year3. refundin? debentures due 1975. lor The subscription First Boston Corp.; Purpose. for capital and 1949. corrimon by ($1,872,800). amount Securities Corp.'; Co. Brothers; Barney Weld stock¬ Underwritten -v , Morgop, Co., Stanley Ac Inc.; Eastman. Ac Ac Hemphill. Noyes, Graham, Co., Harris, Parsons Ac Lazard Freres Ac .Co; Lehman Pierce, Fenner Ac Beane; Smith, Peabody Ac Co.; Co.; Co.; Laird Inc.; Ac Lynch, Stone Cd.; Webster Ac Dominick Ac Securities Dominick; Ac Corp.; Drexel Weeks; Hornblower Ac Ac W. White, Co.; E. Hay¬ Hutton Ac c0.7 W. C. Lapglqy Ac Co.; Laurence M. Marks Ac.Co.; F. S. Moseley Ac Co.; Paine, Webber, Jackson Ac > Curtis; G. Walker H. Ac Wertheim Co.; Ac Co.; Al'.yn and Company, Inc.; Blair, Rollins Ac Co., • . . Ac Ripiey (Inc.); Stone Co,; , . Blyth Harriman Co.; Merrill den, tral Republic Ac Clark, (Inc.); Co. Merle-Smith; Shields Carl Loeb, M. Company; Dodge C. Cen¬ Dick Ac Co.;' Riter Ac Co.; Rhoades Ac Brown Ac Sons; Alex. A. Inc.; Co.; Ac Coffin Ac Burr, Equitable Securities Corp.; Estabrcok Ac Co.; Laird. Ac Meeds; Loe Higginson Corp.; R. W. Pressprich Ac Ine.; Bissell Tucker, Cx; H. Anthony Co.; Ac Witter Dean Ac Co.; Robert Baird Ac Co., Inc.; Baiter, Weeks Ac Harden; H. M. Byllesby and Co. (Inc.); Green, Ellis Ac Anderson; M. Milwaukee The- Corp.; Trask Auchincloss, Parker Ac RedBaker, Watts Ac Co.; William Co.; Ac Ac Co.; Co.; Swiss American Co.; Reinholdt & Gardner; Spencer Bacon, Whipple Ac Co.; Southwest First Co.; -J, J. H. Hentz Ac Cc.; Granbery, Marache Ac Hilliard Ac Son;; The Illinois B. Co ; Moore, and Co., Inc; < « $197,000 privately 1949 and for ; *500,000 Collins Company: Ac Ac Courts Co.; Co.; Doolittle Ac Co.; R. L. Day A: Co.; Johnston. Lemon- Ac - Co.; Irving Ac Co/ Minsch, Monell Ac Co.; The Robinson-Humphrey Co., and Chas. W. Scranton Ac Co. ' ' Ac Co.; Ac Co.; E. A. Masten ■ 490.000 • May • 1950 1, ■ mature to interest bearing). pansion and for each • sinking Corp. Transgulf - participation fund or Purpose, before to on repay general corporate principal amount. for S509 notes dated 1, 1958 (nonloans, lor ex¬ purposes. Price, $375 Offeied by Gerhart, May bank Otis. & ... . ' ETC. BUILDINGS, LAND, $1,050,000 + 1951 ;.400.000 i ' Co. 560,000 due Notes ■ 8-year notes • April Family Rawhide Manufacturing Co. 3% 15-year notes, April 15, 1965. Purpose, corporate purposes. Placed privately by The Illinois Co. ,1965. 1, and Purpose, to of pay working capital; St. Francis of . temporary Price, 100 loans, and 101, Offered by E-. C. Ziegler Ac Co. construction new City, Mason Church, and working fa.. capital. Price, 100 to Offered by B. C. ?iegler & Co. 101, according to maturity. Sisters to j $9,510,000 May working • due Feb! 1. 1950 and to 1, 1965. Purpose, Priqe, 100 Va to written C6.; • . TRUSTS, loan. privately 1. 1965. Corp. Purpose, capital. Price, by; Butcher Ac Ha'i ; , TRADING, Utilities Purpose, with for Prudential 3V2% to ; HOLDING, ETC. convertible repay bank Corp.; Goldman,- and Sachs Co. (Inc.t: Kidder,' Peabody Ac Ball, Surge Ar'-'Kraus; Ac debentures loans for 100 and accrued interest. UnderSherrerd; Allen Ac. Co.; Drexel A.- Securities Equitable "aTis. mortgage Placed '^jo: of America'/'—^" International due 15-ysar purposes. ■ INVESTMENT $4,000,000 4'/2% Brothers corporate Insurance • dated 1, 1951 to Feb. to hospital. addition new 2'/2% according to maturity. Offered by B. Q. Ziegler Ac Co. Uris for bonds mortgage serially from Aug. construct 101, . *7,500,000 Arizona St. Mary's Hosnital Joseph in first 3'/2% mature 11 St. of j maturing Order 2l/4%-3V4% first mortgage bonds dated May i, 1950, and. due semi-annually from January 1, 1952 to July 1, 1965, xnclusive. Purpose, for ' Third ' Price, at 100. Insurance to construction Holy to and the of Pa. (St. Joseph Hospital, Hazelton, Pa.) 2V2%3first mortgage' bends due serially from April 1, Reading, according to maturity. ' ' Bernardine- Sisfnrs for > , Chicago Collateral and Slocumb Daiii Ac Co;; Miller Lundborg work- corporate purposes. Placed privately w'th Investors Diversified Services, Inc. through Hayden. Stone & Co. • • Claussen's Brush, Ac Stubbs; Blunt Ellis Ac Bosworth, S;,llivan Ac Butcher Ac Skerrerd: Ac Co.; Crowell, Weadon. Ac Weeks Whiting, Co.; Boettcher J. M. Co.; Singer, Deane Ac Scrib¬ Stein Bros. Ac Boyce; Stern Co.; Co.; Stroud A: Co., Inc.; Sutro Ac Co ; Watling. Ac Inc.'; Hayden, by The Offered each in amount of .$150,000. $100,000 Ac Staats R. $89,144,900 * 4% Ac Co.; to of Cassco Corp., and two subsidiaries, Refrigerating ;Corp. and Cassco Berkeley Corp., Mills, Inc. annually. : Purppse, Ac Pierce Ac Co., Inc.; Rotan. Mosle Lerchen Corp. Atlantic. Life Ribbon H. Murch Maynard Rauscher, Simmons; Purpose, mortgage loans, $229,000 of bank loans with Legg Silberberg Julien » • C. Co.; Wiiliam Brothers Ac are joint obligations Century Ac John Co.; Ac Co.; The Ohio Co.; Pacific Co. of Cal¬ Northwest Co.; Piper, Jaxfray "Ac Hopwood; Pacific Co.; " • . Lynch; Leonard Ac dook Ac Moreland; ner; Co. At McCermick Kebbon, Company; Co., and .interest. 100.45% ; with Inc. Union Hall 3vb% Inc. Cassco *800,000 A. pro¬ sold Co.; Kidder. Co. MANUFACTURING AND <?o., ! and bonds, construction Becker ($1,500,000) and The First Tulsa, of Corp. , Dillon Ac Co.; Giore, Forgan Ac Co.; Goldman, Sachs Ac Co.; Putnam J privately through A. G, > ' i: • fO" Offered Hallgarten -Ac , (Inc.). series York Co. serially Unsubscribed Co.; 3% Co. Placed , bond?, •' ' i ,'' and and remainder to increase working capital. , Insur¬ ($1,141,500) ' part, .bank lpaps which were used and acquisitions during 1948 lC0'/2. Kinnard Co. to refund first mortgage refunding in > ' ; Petroleum and repay,, in holders. ETC, Corp. 4%% notes dated June 1, 1950 annually Dec. 1, 1950 to Dec. 1, 1964. inclusive. 1975. mortgage for corporate interest. 1 Placed I 1959. cents) Corp. | long-term loan. Purpose, for Placed privately, with Mutual Trust Ac maturing Newhard, sinking fund debentures due July 1. 1965. Purpose, refunding. Placed privately with institutional in¬ vestors through Carl M. Loeb, Rhoades & Co. and Blyth i investors. Placed Air capital.' Ohio *750,000 series to insurance of *450,000 Cassco i Purpose, accrued due 5 (par ' Phillips Petroleum Co. 2%% 20-year Inc. 1976. and ing & mortgage bonds due 1980 102V2 and accrued interest". Telegraph Jan. 'construction institutional *500,000 . ( < i & due Price, Water May group a fixed assets purchased since Dec, 31, r . Ac first refunding. Price. Halsey. Stuart Ac privately* through * 3% by Telephone purposes. *1,250.000 i i +3,000,000 Interstate Offered ■ '. t *1,000,000 Lincoln with COPPER, Globe, retire existing to *22,675.000 Budd Life stock improvements Flooring Co. 4%% 12-year first mortgage'bonds % due April 15/ 1962. Purpose, to repay bank loans, to reim! burse the company's treasury for expenditures made Tor Ac Eros. Memphis, privately 1 ■ Co. by Halsey, Stuart Ac Co. Inc. Co. ance ^ / by Halsey E. 1m. Greyhound Corp. 3 % % 25-year promissory note, due Purpose, to construct new bus terminal at Placed 75.644,900 275,000 Athens due construc¬ +2,000,000 Central Vermont Public Service Corp. 2%% first mortgage bonds, series F, due May 1, 1980. purpose, to repay bank loans and for expansion program. Price, 102.54% and *450,000 , Ac 12-year notes. Pur¬ provide construction funds. Placed privately' with The Mutual Life Insurance Co. of New York. . , * • ' pose. bonds, for 1, drilling operation; and working capital ($3,500,000). Placed privately with Penn Mutual Life Insurance Co. ($6,000,000), Guaranty Trust Co. of New York :<$2,000 000), and Chase National Bank of tiie City of New York ($2,500,000).' • f' • „ MANUFACTURERS INDUSTRIAL *$800,000 American first bank loans accrued Iric.; Dick & Otb.& Co.; R. Hutzler; Co. discharge B?-nk ($7,500,000) , / April properties.' of States notes .1 OTHER '' mortgage bonds. H, dated May 1, 1950 and due May 1, 1960 Pur¬ pose, for refunding. Placed privately in the United States. Co.; American General privately with institutional investors. series +8.000,000 Brooklyn Midd'e notes, due May 1, 1965. Pur¬ loans, for working capital and other Placed privately .with Prudential In¬ through $6,266,000 Bangor Hydro-Electric Co. 2%% 30-year first mortgage bonds, due 1980. Purpose, for expansiop program. Price Bell *11,000,000 Mason, Inc.; Reinholdt Ac Gardner, and J. Barth Co. 101. *8,000,000 Ac 3 V4% mortgage not£s promissory 5% common Insurance Co. of New National W. 2%% and 3%l% equipment trust certificates, series 46, to mature serially in quarterly instalments to and including Dec.' 1, 1969. Purpose, lor new equipment. Placed privately with a small group of institutions through Kuhn, Loeb At Co. *2,000,000 Poor & Co. 2y2%-33/8% serial debentures, due May 1. 1951 to 1965. Purpose, for corporate purposes. Placed pri¬ vately through Harris, Hall At Cq^ (Inc.). $4,266,000 dated May Ac Life ' Read due Placed privately Peabcdy Ac Co. . investors. ' Petroleum acquisition Co. 3%% Steel pose, to retire bank corporate purposes. cording Horner AbArdccn Metropolitan Life Insurance Co. COAL, EQUIPMENT serial first , nrivately STEEL, $5,500,000 Granite City surance V2% institutional ifornia; Co. 2 oi OIL *$2,100,000 ' UTILITIES Electric & Dillon, note purposes. Mills, Inc. 5% first (closed) mortgage $100,000 annually, 1951 to 1957, inclusive, and 1958. Puipose, refunding. Placed privately in ' for construction of natural gas Purpose, Placed line. F.RON, The & Coip. Blair Co. Supply 1970. $68,245,000 $27,000,000 through $279,450,000 of PUBLIC with 1.40% Co.; Laird Co. subscription Lumber due $66,063,750 C. inclusive. from by Harris, Hall Equitable Securi¬ Inc.; Ira Inc.; McCormick series 1965,' to to Offered Co.; Co.; Weeden & Co., and. Kebbon, certificates, 1951 Price, Southwest . Gas due companies headed by trust from 1 equipment. Insurance deben¬ cents path; Trunkline '61,000,000 Life York for company promissory corporate shares 75 ox $50,000 27/8% first mortgage expansion. Sold privately for Purpose 1979. due New pipe equipment each new ) by 314% Co. for Soundcraft 225,000 bonds Co. Service fund ' * 2Ve% $348,000 Purpose/ for • *750.000 institutional an ' Public Southwestern to inclusive. 2.15%, & > . investor. Certificates,. 1960, ■ Prescott, Hawiey, with sinking principal amountb of notes and one share of stock. Purpose, to pay short term loans and for working capital. Price, SI per unit. Offered by Gearhart, Kinnard Ac Otis. ; Ac privately of Offered Bag Kent units ' bonds, trust to unit. per Purpose, and At Co.% Watling, ' Lerchen Ac Co.; Wbeelock Ac -Cummins, Inc., ^and Placed an banks 1 institutional investors through Kidder, Reaves - . Ac Cc., Inc. Texas 168,750 , *6,000,000 $5 1964. &■ Light Co. 3% 10-vear notes due refunding. Placed privately with Metro¬ Insurance Co. ' . dividends. with two stockholders. with Purpose, Life with 500.000 shares - oi common $3 of debentures and two and units m Perry *1,500,000 C6. Ac and 6% 15-year 1965, 1, $1) by common Power Sound crued Davis Yantis , Lid. June (par Price, Rochester Gas & Electric Corp. 2%% first mortgage bonds, series M, due 19801 Purpose, refunding ($7,657,000) and for new construction ($4,343,000). Price, at 100 and ac¬ "12,000,000 Stokes & Co.; Thomas Ac Co.; Townsend, Dabney Ac Tyson; H. C. WHlnwright & Co.; Weil Ac Arnold; Co.; Wood E. Puget politan The Inc.;- Co., I960. ■ Co.. Inc.; Reinholdt Ac Co.; Walker H. At Harold Co.; Refiners, due 1951-1966. privately Piaced ($1 100.0001, ox dommon stock. Puipose. to repay .short loans, capital expenditures aird for other corporate purposes. for Service Weeden Peters,- through A. G. Becker Ac Co. Inc. Pacific At G. Co.; Co.;.The ' O'Gara Copeland Ac Kendall, Inc.; Wm/ E. Pollock Christensen, Gardner; Alleman, Eurns Wells Ac Patterson, Writer Ac Martin, Mullaney, O'Connell Co.; W. Wheeler & Morgan Co.; +2.400.000 V due Green, Mason, and < s Ac Gregory & Son, Inc.; Hallgarten Ac Bruce Ac Co.; Hill & Co.; Kenneth B. Hill & Loeb, 1 Corp.; Dempsey Anderson; Heller, Ac Co.; Corp.; Co.; Freeman Hirsch & & Securities Securities Detmer Pont Ac C. City Clayton refunding. Price, 99%% and by Halsey, Stuart Ac Co. Inc.; Rollins Ac Co. Inc; J. C. Bradford Ac Offered Blair, Stockton Perrin, West At Winslow, Inc.; Co.; Electric & Gas Co. 23A% first and re¬ funding moitgagb bone's, due May 1. i980. Purpose, re¬ funding'. Price, '101% and accrued interest. Offered by Halsey, Stuart Ac Co. Inc.'; Adams & Peck; J. Barth Ac Co.; Bear, Stearns & Co.; J. C. Bradford At Co.; Burr At Co., Inc.; Byrd Brothers; Lee W. Carroll At Co.; Central Republic Co. (inc.); E. W. Clark At Co.; Clayton Secur¬ ities Corp.; DoHaven At Townsend, Crouter & Bodine; Equitable Securities Corp.; Este At Co.; Green, Ellis .& Anderson; Gregory At Son Inc.: Harris, Hall Ac Co. <Inat; Ira Haupt At Co.; Hayden, Stone Ac Co.;- Hill At Co.; R. H, Johnson & co.; Kean, Taylor &t Co.; Merrill Ly.iCir, Pierce Fenner At Beane; E. W. At R. C. Miller Co.; The Milwaukee Co.; Mullaney. Wells At Co.; Homer O'Connell & Co,, Inc.; Otis At Co.; Patterson, Copeland A: Kendall, Inc.; Phelps, Fenn At Co.; Wm. E. Pollock At Co., Int.; The Robinson-Humphrey Co.; L. F. Rothschild At Co.; Sills. Fairman At Harris, Inc.; F. S. Smithers Ac Co.; William R. Staats Co.; Walter Stokes At Co.; Thomas. A: Purpose, interest. Co.; ' serial notes, due rexuading. Co.; At Public {26.000,000 ' accrued & Co.; A. M. Kidder At Co.: John Loewi At Co.; W. L. Lyons At Co.; A. E. McDonald At Co.; Mead, Miller- Ac Co.; R. C. Miller A: Co.; The Ohio Co.; Pacific North¬ Co. 2%%-3% Shoe investors R.pley & Co.. Harriman snares . Co. 130.000.000 Co.; and company stock Brothers; Stone At Securities Corp.; Am-onAt Co., Inc.; J. Barth Elair, Rollins At Co.. Inc.; Co., Inc.; Rhinholdt At Gardner; Reynolds Ac Co.; Schoellkopf, Hutton At Pomeroy, Inc.; Scott At Stringfellow; Seasongo'od At Mayer; Stifel/Nicolaus At, Co., Inc.; Stix At Co.; Watling Lerchen At Co., and Yarnall At Co. 1.35% I At & Co. promissory notes, working capital. institutionai of Puipose, B, Joyce At At Shepard , Freeman W. west S, according to maturity. Offered bv Hal"ey, Stuaft & Co.. Inc.; R. W. Pressprich & Co.; Merrill Lynch. Pierce, Fenner & Beane; Otis & Co. (Inch; L. F. Rothschild & Co.; Inc.; 750,000 . Baird Sullivan At Co.; Branch, C°b"ll At Co.; H. M. Co., Inc.; Chace. Whiteside, Warren At Sears, W. Clarke Corp.; Coffin Ac Burr, Inc.; John Legg E. ... Elair 2.80% increase to number a ($500,000) first mirt"i"p bonas and Price, 101.127% and Co.; Henry Herrman At Co.; Hill. Richards At B. Hilliard At Sen; Indianapolis Bond At Share J. Masten semi-annually Dec. 15, 1950 to June 15, xabo, iaauoivc, Purpose, At At J. Corp.; - certificates, Nunn-Bush Union W. Purpose, inc.usive. Lehman by Corp.! Products Corp. 1975. Insurance . Weedon'At Co.; Clement Evans At Co.. Inc.; Fahey, Clark At Co.p Farweli, Chapman At Co.; Field, Richards At Co.; The First Cleveland Corp.; Goldman. Sachs At Co.: Granbery. Marache At Co.; Hallowell, Suiz- C. Mul- " », Offered 1, " tures 2%% purposes. Inc. ♦ In- , 15-year note, dui 1965. Purpose, P.aced privately * tnroagn A. G. Inc. privately with through Glore, Forgan *1,600,000 Valley » Placed , by Mohawk Offered par. Co. 3% & Distillers April serially. at Inc. corporate National due Crcweil, Co.; Co.; Co,; *30,000,COO Co. At Co., 10-year sinking fund deben¬ Purpose, tor acquisit.on of 5% Inc. due Price, Becker & Co., Richard berger . Fhelps, Fenn & CO.; The, Illinois Co/, Hayden, Miller & Co.; McMristet & & William Co.; Bosworth, Price, to yield from according to maturitv. Offered by Hal.>cj, . ior Offered by Mohawk Valley Invest¬ f C, Morreli (John) Purpose, ($10.000,000i, Robert Co.; Byllesbv Co., Inc.; A. G, Becker Ac Co. Inc.; Blair, Rollins Harris, Hall &Co. (Inc.); Lee Higginson Corp.; Hutchinson due Becker Freeman equipment vest ng * lOSST^Wrnose, refunding ($20,000.000) 1, Securities Tnc.; l7/»% ' *5,000,000 off mortgage arid pay Service, series properties. Coke Co. Jrst mortgage bonds. 4»V% 1. 1966. Purpose, refunding ($435,900) bank loans interest, At Inc.; Will'am {5,430,000 Co.; & May repay Webster Co. & RR. G. A. April Household tures, first mortgage bonds, due May 1, debt and ior ex¬ Inc. to Price, at 100. Co.„ Inc. ing 7,000 Service, Purpose, pansion. • Electric J*owejy<%>. Potomac Williams Purpose, for new equipment. Stuart & Otis Co.; & Rothschild F. Hutchinson tificates, due anntiahy June elusive., & Co.. due & ' maturity. Offered by Haisey. Pressprich & Co.; L. s Lake & W. R. 1980. duPont Gas accrued annually June 1, 1951 to 'June 1, 1965, in¬ for new equipment. Price, to yield from Purpose, 1.50% 1, I. Francis Rico to certificates. trust May Pci.t„ due Inc. sen, :4,125.000 1965. for expansion program ana general corporate purposes ($314,100). Placed privately v/itn State Mutual Life As¬ surance Co. and The Lincoln National Life Insurance Co. to Freeman Household and maturity. Offered by Halsey, Stuart & Co., Inc.; R. W. Pi'essprlch & to due series, semi-annually! Dec. 1, 1950 to Purpose, for new equipment. Price, 1.35% from / trust due P, 1965, inclusive 1, yield 2%% RR. 38,000 mortgage Price first mortgage bonds, refunding ($7,500,000), to repay bank l^ans and to finance expansion <$10,000000). Price, 102.129 and accrued interest. Offered by Merrill Lynch. Pierce,- Fenner At Beane; White, Weld At Co.; Kidder, Peabody At Co.; Har.ts, x-ail At w. uac.i; Paine, Webber, Jackson At Curtis; L. F. Rothschild At Cp., scries according to maturity. Of¬ fered by Salomon Bros. & Hutzler; Drexel & Co.; Union Securities Corp. and Stroud & Co., Inc. yield from first {17.500^000 Oklahoma Gas & Ehufhic Co. 2%% Dec. for new equipment. 27/e% refunding. Offered by Morgan Stanley Ac Co.; Oversubscribed. equipment trust 1, 1950 to " semi-annually due G, inclusive. Purpose, Co. Purpose, terest. During May, 1950 tS4.650.000 Edison 158,000,000 Ohio (Continued from page 3) Details of New Capital Flotations Ac Co.; Co.; Kuhn, ! (H. trust H.V Sons, Inc. 4W% first bonds, due serially Jan. 1. mortgage 1952 to Loeb and Jan. 1, 1963. inclusive. Purpose, refunding purposes. Placed pri¬ vately through Johnson, Lane, Space and Co.. Inc. Ac Co.; >• ^ •Represents issues placed privately. {Indicates issues sold George competitively. D. 3. 3on- Volume 172 Number 4921 bright Co., & Co.; Inc.; H. & First Moore, Hop wood; The Commercial and Financial Chronicle ... Southwest & Co.; Robert Co.; Hawkins 2,000,000 Idaho & & Lynch; Piper, Jaffray Singer, Dcane & Scribner'; Leonard Putnam G. & • Wm ery, ■ ' * ./' -i' Securities Corp.; Barrett & Company; Brooke & Davenport & Co.; Glover & MacGregor, Inc.; Harper & Son & Co;; Miller & George; Montgom¬ Scott & Co., and Watson & White. ' • ' ' '- + ji * . ^ finance Co. ' of Hammill & Co.; Shields Co.; Singer, Deane & William R. Staats Co.; Starkweather & Co.; Stern Brothers & Co.;- Stern, Frank & Meyer; Stone & Webster Securities Corp.; Stone & Youngberg; J. S. Strauss & Co.; Stroud & Co., Inc.; Sutro & 'Co.; Henry F.. Swift & Co.; Spencer Trask & Co.; Tucker & Company; Tucker, Anthony & Co.; Union Securities Corp.; Van Alstyne Noel Corp.; Wagenseller & Durst, Inc.; G. H. Walker & Co.; Walston, Hoffman & Goodwin; Watling, Lerchen & Co.; Weeden & Co., Inc.; C. N. White & Co.; White, Weld & Co.; Whiting, Weeks & Stubbs; Dean Witter & Co.; Wood, Struthers & Co., and Wulff, C. $3.50); $9.25 Offered -by Blyth program. ; & Price,j Over-i Inc. - .- - 5,000,000 Interstate , Power Co. shares 100,000 of 4.70.cumulative 1 $300,000 MISCELLANEOUS" " • . Budget Finance bentures, Plan, 4ne. series due taohed). Furpose. for Price, 100 accrued at Seidel & 2,000,000 Copper and mortgage Price, May , bends. at at-f working for by 5% seven 000,000). ■ Fair improvements facilities. to corporation. by subordinated 2% I960. Purpose, to working capital. who persons 250,000 Hart will Stores, 1962. finance Price, 'Ol necessary at and in April 1, and tor to company and interest. for &: working 1, by Lytton's, Henry C. i.ciu-1 <t>u. 800.000 Scott (O due 1968. loans *■500,000 Sons & for Shopping Bag Offered Food to ($350,500). Purpose, for corporate through Wagen.seller & Durst. and ; and i05 . fund notes 600,000 Maine Southern series and Discount E, due for Oct. subordinated 5fM 1969. 1, working capital. Oflered est. Corp. Purpose, Price, at and privately bank accrued directly by company. $100). ipar vately 250,000 ■y/ and OTHER INDUSTRIAL AND Air Filter loans and American fo retire Inc. Co., 3% 5-year Purpose, funds. Placed provide construction privately with The Louisville Trust Co. 300,000 Piasecki May Helicopter 1, 1955. 4)4$ Co. Purpose, convertible expansion for and accrued interest. Offered par debentures at ($669,100). Price, at Offered par. directly by cor¬ Pierce, Macy (R. Dec. H.) 1950. privately and Inc. Co., & 28, Placed wit11 Metropolitan maturing notes Purpose, replenish to on Marks M. preierred stock series A construction. new stock - & Placed pri-j Lehman tion Brothers. under an exchange offer, plus 420 companyshares. Underwritten by Kidder, Peabody & Co.;„ Lynch, Pierce, Fenner & Beane; Union Securities Corp.; Salomon Bros. & Hutzler; White, Weld Co.: Dallas Union Trust Co.; First Southwest Co.; Rauscher, Purpose, to finance construction: through A. G. Becker & Co.1 $8). tpar Purpose, to G. per ( for tive $70,205,000 Loan Government Agency and Issues per Federal Intermediate bentures dated Price, ai; York 1.35$ Banks consolidated de¬ due March and 1950 1, 1, 1951. Macdonald by G. Newcomb, IRON, $25,000 cents Walker $725,000 -par $oi. impose, & & Co.; Co. Coggeshall ; & Hicks, and ; A .y/- : G. Kentucky by to 100.000 15 from 1954 Offered ments. Co. of St. inHusivp. 1978. to f°** pnmose. Mercantile-Commerce Bank & Trust Laidlaw & Co., and Loettcher & Co. ; by Louis; lor working capital. Price, par. Ofiered by Bioren & Co. Oversubscribed. \s ';10,326,308 Potomac Electric " (Preferred stocks ferred stocks of stated a of no value par taken are value and all par at classes of while par, stock pre¬ stock common new are UTILITIES PUBLIC Brooklyn Union preferred stock value, $40). struction. 186,341 shares of 5% cumulative tnrough June 30, 1960—par Gas Co. > (convertible to Purpose, $48 Price, bank loans and for con¬ Offered by company for repay share. per Power Co. 710,700 shares of $15.12\k to public. Offered by - ..... Purpose, for development of stock. Purpose, Ling mining properties. Price, 50 Offered to public by. corporation. operate and Mining Co. 1,000,000 shares of common 10 cents). Purpose, to acquire and develop (par Price, at Offered par. by to company mintpublic through Explorers, Inc. Ranch (par $1). and Mining Corp. 50,000 Shares-of common stock to purchase equipment and for mining Purpose, milling Price, at par. expenses. Offered to public by company. 296,148 Golden Price, $17.25 per share. tal. 45,000 per 277,500 shares of class A Co. Mines 277,500 Silver Bell Purpose, to repay loans, etc., and for at Offered par. stock 75,000 Teller R (pa'- company stock (par working capital. first for subscription Lead-Silver Mines, Inc. 400,000 shares of 10 cents). Purpose, for development (par cents per share. 25 Pries, by then publicly. by stockholders and 100,000 Sun Valley tal Pur¬ exploratory program and for mine operations. share. Offered directly by company. for Frice, $1 Price, stock. Metals, Inc. 45,000 shares of common Pandora pose, companv of common stock (par working capi¬ Offered by company. shares 17,168 Ccrp. Cycle Purpose, to reduce bank loans and for $10). commoA Purpose, to repay bank loans and for Price, $14.50 per share to stockholders, for sub¬ scription by common stockholders. Unsubscribed shares (33,853) underwritten by Dillon, Read & Co. Inq.; Auchinr closs, Parker & Redpath; Alex. Brown & Sons; Ferris & Co.; Folger, Nolan Inc.; Goodwyn & Olds; Johnsten, Lemon & Co.; Robert C. Jones & Co.; Mackall & Coe; Robii.son and I-ukens, and Rohrbaugh Si Co. and computed at their offering prices.) $7,453,640 (par $10). construction. , Mining Co. 600,000 shares Ql Price, 8 cents. Offered to public underwriting, "as ,a speculation." without share. Idaho. SI I. STOCKS Gold 10 cents). (par Mountain Cuddy ETC. shares of common stock develop properties. Price, 25 publicly by company, without Corp. 50,000 shares of common develop in Hi 50,000_Pennsylvania & Southern Gas Co. 500 shares of 6V2 cumulative preferred stock series B (par $100). Purpose, to reimburse company for advances to subsidiaries, and imo-nvp- Oversubscribed. Placer Claim. company, stock Kauai County, Hawaii, 2)4%, 2%% and 2$% public improvement bonds dated May 15, 1950 and due on Nov. Rotan, ; to , stock 25,000 Cordillera ior by company tor auoscription by sluckshares (1,278) underwritten by Olierecl Inc.; Folger. MoSle and Co. & 100.000 Offered 48,000 Ancient River Channels for Unsubscribed Stanley Corp. Purpose, share. per COPPER, ORE, Mines cents). underwriting. Telephone Co. 50,938 shares of common stock Purpose, lor new construction? 'etc. Price, $40 share. Morgan POSSESSIONS 10 (par 50,000 Gold par;. holders. STATES sumK STEEL, Ambassador , 21,370 shares of 40-ceni: cumula¬ Russ " working capital. Price, $10 by company lor subscription by stock¬ and Pancoast; & William N. Edwards & Co and Underwood, Neuhaus & Co. $93,627,496 common holders. '(no New Robertson Nolan, Inc.; Moreland, new pic-eaed plant Offered shaie. per Offered ol 2,037,520 Peninsular agent. UNITED convertible Pur¬ and new money ($39,390,000). -$30,815,000) par. fiscal Credit June refunding pose, & cents per conversion Allyn & Co., Inc.; Hallgarten & Co.; C. A. Noyes, Graham, Parsons & Co.; rCarl M. Loeb. Co.; F. S. Moseley & Co.; Stroud & Co., Inc.; H. Walker & Co.; Stern Brothers & Co.; Bache & Co.: Dewar, common Puipose, Co.; Rhoades ^par). ino & Hemphill, repay acquire $13 by Northwest Cities Gas Co. 213,700 Farm issued Merrill involved. $12,000,000 Co. held, pre-! construction and to repay loans. Price, $31.50 per share. Oflered for ^ubscrip-j by stockholders. Oversubscribed. No underwriting bank & Eacker U. a. Co. not of 4.90$ 2,500 shares Natural Gas Co. 304,500 ?hares oil common stock $10). ipar On.: & & 1,835(570 Texas Power & Light Co. 16,280 shares of $4.56 preferred stock (no par). Purpose, refunding ($1,586,000) and work¬ ing capital ($249,570). Price, $112.75 per share; Stock- investors. Co. Fennel- & Beane. 9,591,750 Northern » — eripA of • Co.;! <& Watker & Co. H. . before capital. through Co. Insurance or working Prudential Insurance Co Life { cumula¬ Puipose, to iinance expansion program. Frice, $25.50 per share. Offered by company tor subscription by common stockholders. Unsubscribed shares (7,074) underwritten by The First Boston, Corp.; Lehman Brothers; Wertheim & Co., and Merrill Lynch,; poration. ■10.000,000 tjauience interest to Price, subscription ..common Copper Publications, Inc. series six 4$ 5-year first mort¬ gage bonds. Purpose, refunding ($1,330,900) and improve¬ ments of >5W% Purpose, \y 6,945,690 New York State Electric & Gas Corp. 272,380 shares of MISCELLANEOUS $2,000,000 for by Smith, Barney & Co $700,000 iuiu subsidiaries. due Price, program. shares V uduitional common stock of share. Offered by company stockholders by Townsend,; Dabney & 'lyson; A. C. Allyn & Co., Inc.; Draper, Bears & Co.; F'. L. Futnarn & Co., Inc.; Smith, Ramsay & Co.,! Inc.; Wagenseller & Durst, Inc.; and G. H. Walker & Co. served as managers oj. a group of participating dealers in obtaining subscriptions. Oversubscribed. notes. to Woiq -.- Equitable Securities Corp.; Estabrook & Co.; Harris. Co., (Inc.); Hornblower & Weeks; W. C. Langley & Co.; Lee Higginson Corp.; Laurence M. Marks & Co.; Paine, Webber, Jackson & Curtis; R. W. Pressprich & Co.; Shields & Co.; Spencer Trask & Co.; Russ & Company, Inc.; Dewar, Robertson & Pancoast; Schodllkopf, Hutton & Pomeroy, Inc.; William N. Edwards & Co.; Rotan. Mosle and Moreland; Underwood, Neuhaus & Co.; Bacon, Whipple & Co.; Blunt Ellis & Simmons; Folger, Nolan, Irlc. The Illinois Co.; Kebbon, McCormick & Co.; Newhard), Cook & Co.; Pacific Northwest Co., and Wood, Struthers Hall Electric Association 173,126 common beneficial of Ripley & Co., Inc.; Lehman Brothers;-; Smith, Co.; Stone & Webster Securities Corp.; Union & Pierce shares MANUFACTURING lo.uis '$400,000 lor privately V' 2,250,638 New England Gas % Beahe. cumulative Electric Placed Co.;' Barney <jo.,: Ripley-: & Fenner & $20). institutional & Trust Harriman Inc. ./ Years) '& cumulative! Harriman by 30,000 Co. (par ierreu stock (par S100). program. (Issues Maturing Up to Including Five Service Gas held shares. Underwritten by '.Kidder, Peabody Merrill Lynch, Pierce, Fenner & ®eane; Dallas Co.; F'rst Southwest Co.; Rauscher, Pierce Eastman, Dillon & Co.; Goldman, «Sachs & Co.; Co.; Union to repay bank loansi $102,439 per share and; Price, Offered Purpose, with Michigan & Purpose, $100). tpar dividends. Public ' company and' Corp., )■ Service Co. 7,301 shares of $4.56 preferred par). Purpose, for refunding ($491,400) and Inc.; construction. new Securities shares of 4.20$ Co. 50,000 c400,000 Marion Water Co. 47c $5,908,500 Short-Term Bonds and Notes Union Weeks; Lee Higginson Corp.; H."M. Payson & Co., and G. loans inter¬ Inc.; Oversubscribed. Co. (no working capital ($332,788), Price, at $112.75 per share. Stock not issued under an exchange offer)! plus! 2,387 - Inc.; F. S. Smithers &j & Webster Securities; Stone for;-,-construction; par and accrued dividends. J Under-i written by Merrill Lynch, Fierce, Fenner & Beane; Kidder,) Peabody & Co.; Hayden, Stone & Co.; Hornblower & debentures, reduce to par Co., ^ 7 ; & Co.; & Barney Electric stock • , Co. preferred stock program. Price, at V. due Harris, & Inc., and Merrill Lynch, Pierce, , ' 58,500 for accrued bank repay & & preferred stock debentures Placed purposes. Weld tive sinking 4'a $ I960. Stroud F. L. Co.; ?5,000,000 Iowa Public Service privately. Price, Fairman White, Ohio Co. by The Stores fund ($449,500) notes! serial Placed sinking worKing capital interest. 3 Va %-3% Co. expansion. tor Co. refunding Purpose, and accrued Lytton Purpose, M.) Sills, Co.: & Starkweather Corp.; The Ohio Co. *1,000,000 Ritcr Hanson & 823.188 Texas The Ohio Co.; Reinholdt &| Rothschild & Cc.; Shields; Newhard, Cook & Co.; Co.; Co.; capital; Underwritten Co.; Gardner; 1950 exposition. loans accrued v. *• Co.; & hv sinking fund debentures, due May retire to due construction Offered par. participate Inc. 5■% Purpose, debentures Arthurs, Eastman, Dillon & Co.;: Estabrook & Co.; Farwellj Chapman & Co.; Hayden, Stone •& Co.; Hornblower Weeks;, Indianapolis Bond & Share Corp.; Janney & Co.;i A. M. Kidder & Co.; Lee Higginson Corp.; Carl McGlonei & Co., Inc.; E. W. & R. C. Miller & Co.; Mullaney, Wells; & first 1 1,000,000 Chicago Price, $51.50 per share and accrued dividends.) by Smith, Barney & Co.; A. C. Allyn & Co.j Lestrange & Co.; Robert W'. Baird & Co.; Inc.; Barrett & Co.;. Blunt Ellis & Simmons; H. M.i Byllesby & Co. (Inc.); Chiles, Huey & Co.; Julien Collins Inc.; Morton 10-year ■; Underwritten capital; \ , directly j/ de4 Offered . . Purpose, and interest. . fund warrants sinking (with I960 Inc. -series Offered par. 15, exoansion Co.. -Publications, 5% 10-vear A. preferred stock (par $50). Purpose, refunding ($2,000,000)f and to repay loans, and for construction-program ($3,-J jy. . • Agnew Shuman, Smith, Scribner; Co., ;for *construction Purpose, share. per subscribed.; Shearson, Shaughnessy & Co.; &r.Company; stock' common Schoellkopf, Hutton & Pomeroy, Hutzler; & Bros. 7 Inc.; Schwabacher & Co.; Chas. W. Scranton & Co;; Frank by' 1 - shares 275,000 Salomon pre- expansion, Oflered .• 'i (par: - ; ; Purpose,^ to and accrued dividends. par Power cumulative 4$ shares $100)., (par Price, at /Wegener & Daly Corp. ,• i v . of 20.000 Co. stock +2,543,750 Interstate R. •' Power ferred „ P. ■' - , program. Walker & Co.; Watling, Lerchen & Co.; Wood, Gundj* Co., Inc.; Battles & Co., Inc,; W. C. Pitfield & Co., Inc.? Co.; "E. V , Southern ' '♦ (7) Inc. capi¬ work. Offered directly by company. 150,000 shares of common stock development work and working Mining Co., cent*)-. Purpose, for capital. cents per share. speculation." 50 Price, "as a company Offered to public "c.y * stockholders. subscription by common underwritten (7.207) & Giore, Co.; Blyth by & Unsubscribed shares Co., Inc.; V. S. Harriman Ripley & & Co.; Forgan Gas & Electric Corp. 1,270 shares of 4.10$ /preferred stock, series H (par $100). Purpose, refunding. Price, at par and accrued dividends. Underwritten by The First Loston Corp.; Lehman Brothers; Wertheim & "v ,'Ji Co.; Merrill Lynch, Pierce, Fenner & Beane; George D. B. Bonbright & Co.; Little & Hopkins, Inc.; Erickson, Perkins & Co.; Sage, Rutty & Co., Inc., and Tucker, Anthony & Co. ' These shares are part of 50,000 shares onginahy oflered in exchange for the 434 % preferred jltock, series C, but not so issued. 127,000 Rochester Moseley Smith, Barney & Co.; White, Weld & Co.; Wood, Struthers & Co.; R. L. Day & Co.; John C. Legg & Co.; Laurence M. Marks & 1,552.500 and Co. $1). (par Frice, $8.62 Vi Pacific - Co. fornia & Co.; Weedon Bcsworth, Co. to 180,000 pay shares fc-r new of common construction. share. Offered by Will am R. Staats Co.; California; Walsten, Ho "".man & Goodwin; G. A. & Becker & Co., Inc.; First Cali¬ & Sullivan & Co.. Inc.; f .'/ Soeticher and Co.; Wes'ey t800,000 w-' Central Public Vermont preferred stock 4.75$ Service (par $100). Frree, $103.25 oer share Offered by W. C. Langley & Co. Graham, Parsons Si Co. program. < Vk . 297,920 Dallas (no Power par). & Light Purpose, 8,000 shares of ' Purpose, for expansion and s»"cr'ifri dividend. and Hemphill, Noyes, •i shares of common stonk construction prog'-q^, P-ice. "80 Co. for Corp. 3.724 by company for subscription by public addition, Texas Utilities Co., parent, suoscribed for 38,932 shares at a total price of $3,114,560. per share. Offered stockholders. y In 8,528,322 Dayton Power & Light Co. 283.333 shares of common stock bank loans and for construc¬ tion program. Pr ce, $30 per share to stockholders and $33 per share to public. Offered by company for subscription by common stockholders. Unsubscribed shares (9,444) un¬ derwritten and offered at $33 per share by Morgan Stanley & Co.; W. E. Hutton & Co.; Almstedt Brothers; Robert W. Eaird & Co., Inc.; Ball. Bulge & Kraus; Benj. D.^Eartlett & Co.; 3ell & Beckwith; Blyth & Co., Inc.; Alex. Brown & Sons; Coggeshall & Hicks; Curtiss, House & Co.; Drcxel & Co.; Fahey, Clark & Co.; Field, Richards & Co.; The First Boston Corp.; The First Cleveland Corp.; First of Michigan Corp.; Goldman, Sachs & Co.; Goodbodv & Co.; W. D. Gradison & Co.; Grant-Brownell & Co.; Greene & Brock; Harriman Ripley & Co., Inc.; Hayden, Miller & Co.; Hill & Co.; J. J. B. Billiard & Son; Colgate Hovt & Co.; T. H. Jones & Co.; Kidder, Peabody & Co.; Lee Higginson Corp.; Lehman Brothers; 6. C. McCune & Co.; McDonald & Co.; Merrill, Turben & Co.; Maynard H. Murch & Co.; The Ohio Co.; Faine, Webber, Jackson & Curtis; Prescott, Hawley, Shepard & Co., Inc.; Putnam & Co.; Chas. W. Scranton & Co.; Smith, Barney & Co.; Stein Bros. & Boyce; Stone Si" Webster Securities Corp.; Swenev, Cartwright & Co.; Spencer Trask & Co.; Union Securities Corp.; G. H. Walker & Co.; Watling. Lerchen & Co.; Westheimer & Co.; White, Weld & Co. and Fred C. Yager, Inc. Oversub¬ (par $7). scribed. Purpose, to repay - r ' , MANUFACTURING '1 6,000 shares of common stock (no par). working capital. Price, $50 per share. for subscription by employees. „ 300,000 Atlas Powder Co. for Purpose, Offered by company 145,000 Coleman-Pettersen stock preferred stock $1) (par shares. common equipment Offered working and public by to Admiral 142,290 Canadian Ccrp. 5,000 shares of »6% cumulative $2C) and 15,000 shares of common units of one preferred share and three Purpose, to repay bank loans, for new (par in capital. Price, $29 per unit. company. Corp., Ltd., 28,458 shares of common Purpose, acquisition of property, etc., Price, $5 per share (in U. S. funds). Offered by company for subscription by stockholders other than Admiral Corp., the parent,- -who -subscribed for an additional 67,467 shares and purchased any un¬ subscribed shares by other stockholders. stock $1). (par working capital. and Corp. 200 shares of common for working capital. Price, $5 Issued upon exercise of option by employees. 1,000 Consolidated Engineering stock (par $1). Purpose, per share. Electric Corp. 62,500 shares of common Stock cents). Purpose, for installation-of additional machinery, further extension of facilities and for other corporate purposes. Price, $3.50 per share. Offered by 218,750 Dumont (par 10 * by Aetna Securities Corp. 854,820 Glatfelter (par $10). Underwritten Co., Inc.; H.) Co. 56,988 shares of common stock Purpose, refunding. Price, $15 per share.by Union Securities Corp.; Stroud & Co., (P. ' Hemphill, Noyes, Inc. Graham, Parsons & Co., and 1 Blair, Rollins & Co., 16,273 shares of 4V2% cumulative (par $50). Purpose, refunding. at par and accrued dividends. Underwritten by Securities Corp.; Stroud & Co., Inc.; Hemphill. H.) Co. preferred stock 813,650 Glatfelter first Price, Union (P. Noyes, Graham, Co., Inc. 100,000 Hedstrom stock (no Price, without Parsons soonre-cfsptf! ic<!iip~ & Co., and Blairs, Rollins & Co. 1,000 shares of $6 class A preferred par). Purpose, to construct new warehouse. Union $100 per share. underwriting. ■ a . AND Fluorescent Corp. 30,000 shares of '7% cumulative participating preferred stock (par $10). - Purpose, to repurchase 185 shares of common stock for $62,000, to repay loan and for working capital. Price, at par. Offered directly to public by corporation. . L INDUSTRIAL OTHER $300,000 Artcraft Co. (par expansion. Hall & Co. and Garrett-Bromfield & Co. , 1,000,000 shares of 4.08% $25)y Purpose, to repay bank loans and for Price, $25.50 per share. Underwritten by The First Boston Corp.; Harris, Hall & Co. (Inc.); A. C. Allyn & Co., Inc.; American Securities Corp.; Bacon, Whipple & Co.; Bailey & Davidson; Robert W. Baird <fc Co., Inc.; Ball, Burge & Kraus; J. Earth & Co ; Bp reman, Eiehler & Co.; Lear, Stearns & Co.; Eingham, Walter & Hurry; Blair, Rollins & Co.. Inc.: William Blair & Co.; Blunt Ellis & Simmons; Blyth & Co., Inc.; Bosworth, Sullivan & Co., Inc.; Alex. Brown & Sons; 'Frush, Slocumb & Co.; Quincy Cass Associates; Central Republic Co.,(Inc.); Clark, Dodge & Co.; Coffin & Burr, Inc.; Julien Collins & Co.; Conrad, Bruce & Co.: Crowell, ■Weedon & Co.; Henry Dahlberg & Co.; Davies & Meija; Davis, Skaggs & Co.; Dempsey Tegeler & Co.; Drexel & Co.; Francis I. du Pont & Co.; Eastman, Dillon & Co.; El worthy & Co.; Equitable Securities Corp.; Estabrook & Co.; Fewel & Co.; First California Co.; The First Cleveland Corp.; First of Michigan Corp.; First Southwest Co.; Maxfield H. Friedman; Glore, Forgan & Co.; Goldman, Sachs & Co.; Granbery, Marache & Co.; Wesley Hall & Co.; Hannaford & Talbot; Wm. P. Harper & Son & Co.; Harriman Ripley & Co., Inc.; Harrington & Co.; Hayden, Stone & Co.; Hill Richards & Co.; J. J. B. Hilliard & Son; J. A. Hogle & Co.; Hooker & Fay; Hope & Co.; Hopkins. Harbach & Co.; Hornblower & Weeks; E. F. Hutton & Co.; The Illinois Co.; William D. James Co.; Jones, Cosgrove & Co.; Kerr & Eell; Kidder, Peabody & Co.; Kirkpatrick-Pettis Co.; Frank Knowlton & Co.; Kuhn, Boeb & Co.; Laird, Eicsell & Meeds; W. C. Langley & Co.; Lawson, Levy & Williams; H. Irving Lee & Co.; Lee Hig¬ ginson Corp.; Lehman Brothers; Lester & Co.; Irving Lundbory & Co.; Laurence M. Marks & Co.; Mason Brothers; McAndrew & Co., Inc.; Merrill Lynch, Pierce, Fenner & Beane; Revel Miller & Co.; The Milwaukee Co.; Iviitchum, Tully & Co.; Moore, Leonard & Lynch; Morgan f Co.; Morgan Stanley & Co.; Maynard H. Murch & Co.; Newhard, Cook & Co.; E. MV Newton & Co.; The Ohio Company; Pacific Co. of California; Pacilic Northwest Co.; Paine, Webber, Jackson & Curtis; Pasadena Corp.; R. W. Pressprich & Co.; Putnam & Co.; Reinholdt & uardner; Ruer & Co.; Rotan, Muslt anu 25,000.000 Southern California Edison V "cumulative preferred stock Co.; Hill Richards & Co!; Co.; Peters, Writer & Christensen, Inc.; Lester Company; CroweJl. Power Purpose, per of Witter Dean Tucker, Anthony & Co. Electric California stock $1,041,648 t Co., Inc.; -olaced urivptely. ilndicates issues sold competitively. Offered publicly • by company, * » The Commercial and Financial Chronicle. (8) 1,800,000 B«lid»7 £00,000 shares of class A con$1). Purpose;,for plant ex-; capital. Price, at $3 per share. Underwritten by Shields A Co.; Clayton Securities Corp.; Hayoen, Stone arm Co.; Francis I. du Pont A Co.; Hill, . capital pansion t = Brands, vertible • .» and Richards & \ . A Boyce; Inc. stocx & Williston & stock Offered by a 58,612 Mohawk Price, D. F. Bernheimer speculation." $1 Machines Co., & of Hopwood; Francis I. du Watling, Lerchen Cruttenden Pont & Co.; Grubbs, Scott A Co., Inc.; Mason-Hagan, Inc., and Mead, Miller A Co.; Oversubscribed. Gypsum pieterred Price, & uic $96 11,150 Co. 250,000 Lev purpose, for Placed privately W. by E. $l». uv 459,375 Pacific 100). *6,703 of Nave $3.50 share. per sell Television (par shares publicly 5 I.frf under Corp. k. 225,000 of $1) (par common shares of common 1,631,782 Control Securities 299,958 Stanley back $51.31 at shares Purchased par. of common improvements and by Offered by for company *35,000 subscription & Radar Corp. 747,500 shares of stock common (par ]. cent). Purpose, to pay RFC and other debt and working capiial. Price, 40 cents per share. Offered by Tellier & Co. "as a speculation." Oversubscribed. r #r $1). oon Purpose, to Price. Blosser. $6.25 retire of bank share. per stock common loans and Underwritten Oversubscribed. 88,000 by Tellier (S. S.) (par for by 1,500,000 expan¬ Straus Co. Prroose, and (S. 29,891 shares acouisition of for distribution P * (par facilities scription Dc'a? P20). $28.25 c Purpose, and Offered of employees nq-7 the Oil Cnro. stock working par. Placed privately 88,000 by shares of oc its and company sub¬ $1) (par shares of «i) units *o shares and of five stock. common Prke, $7 T,or unit speculation" to residents of Petr"'e"m $5) Co. P',rrv se, by Oil Pru<?h. stock by preferred drill & d^'-Pl^r^cnt flares of share. Teco, at par. and by (par to buy land by 100,0P0 bv 600,000 of Writer si). Rauscher. Stone Pierce & D'Assern Price, Co.; A at LAN*>, Clarke Corp Weedon W. fr.- <^0 f-imher Co.- Gib'-m ?. Cri Graham. Parse"- '• C. Fidder The of & Co ; Oh?o m.: • & * pjn«r< Co.; jnff~„ Gardner; I Co.; shares of ■ Inc.; Co., Manor ,, (par $i0) units of stock. Price, en' onn c rn" 3 Qo0 gVrrs phpres of for preferred stock shares improvements un.t. per Harris. Inc.; Oversubscribed. and two On* red and (no par) capital. and stock (nar Price bers 40 of 10 rents). c nor) Ssa,ef5 of 6% nnn-eonvrvtibip preferred stock working "■•v*" members of Price, Co. 530,806 common Tos es'-erf ,ork working (par $10). ^o. (y- $1 v. rpo'tr.)/ rf I'linois Purpose, Price, cjs 37.892 to per reduce share. loans Offered $10), share. Offered by company stock Stat#- Price, $<(() p«r I. Marks M Josey ital. (nar Price, employees. Co.. $)r1). Oil & Corp. Lehman Co.; Merrill & & eddltionai Lamont 96,600 A Central stock cap¬ initially J to at Co. class A over¬ was of World Air¬ stock (par B Offered bonds Co., by Aetna due 1, Jan. Offered Hill, A Co.; Higginson Co.; & & Co.; Morgan L. Riter A Pierce Co. A Langjey Lester Merrili Co.; Lynch, Mitchum, Maynard H. Murch Northwest Co.; Raffensperg-er, Co. A Co.: Schneider, Mason. Simon M. Hughes Rtinhoiat A Inc.; Winston A Horner I. c. Brothers; Pacific A Rowles, Inc.; A Graham, Indianapolis W. Co.; A Co.; Curtis; Scott, Harris, Co.; inc.; & Had Hornblower Milwaukee Co.; A & Co. Lehman Lyons Stanley Co.; Hichman; A Illinois A Co., Inc.; of Chicago; Noyes, Co.; Co., The Cook Jackson Rauscher, Inc.; The Corp.; W. Beane; Newhard, & Kalman Corp.; Webber, A Richards Corp.; Securities A Harris, Lunt; Hempniil, Inc.; Dominick Evans A. A A Co., Equitable Securities A Co.; A A Co.; Lie.; Blyth Brown Clarke W. A Co., Alex. Brown Co.; First Hamlin Clegg Lee Collins & Clement Corp.; Co.; C. A Co.; a Inc.; Richard (Inc.); stock common x-'itcn blair Co., Harold Inc.; of Underwritten by Giore, Co.; E. M. Adams & Ames, Emerich A Co., & -jarret,, Juiien Stone Fenner Co., shares A Dillon Inc.; Loewi Co.; A Inc.: Sills, Co.; Smith, Barney A Co.; Stein Eros & Boyce; otern bratne.s A: Co.; Sterne, Agee A Leach; Stone & Webster Securities Corp.; Walter J. Wade, Inc.; Wagenseller & Durst, Inc.; Wheelock & A convert¬ h"ok Cummins, Co., White, Inc.; Weld Woodard-Elwood and Sterling stock rnduc° A Co.; Harold E. Wood Co. A by Oil (par Oklahoma, of Lax A Inc. Price, cents). 10 Greenfield, 14,447 30 shares of common cents per 6,000 shares 0! per share. Offered snare. Offered Inc. Co., Under¬ par. First Beane; 104,250 Texas Gas Llyth $5). Corp. Transmission (par stock Laurence M. Dewar, inc.; stock common by & 39,539,325 Toledo 27,600 $5). $17.3/V2 Price, Price, shares 3,399,925 Co. $9 subscription common by Quickly completed. Co., Inc. Edison Sachs per share. of by by Offered share. per us of by Cities stockholders. common stock common Service Nok under¬ by: Allyn C. A. stock common Sachs and Co., Inc.; Lynch, Pierce. and Fenner Stroud Company A stock Fibre Products $5i. Collier (no Roll!-- Boston . &■ Granby Lynch; par). Price, <?* & Price, Co., $23 Inc. per 1 4,200 shares of Burge Offered by Francis Baker, Co.; H. A Gardner; Harris, Simon A Co.; O. H. Co.; Shillinglaw, Bolger & Ames, Emerich A Co.. Inc.; Byllesby and Co., Inc.; Haw By, Shepard A M. & Inc.; M. Co.; Inc.; David Amott, A. Noyes Baker & &r Co., The Co., Co.; Inc.; Campbell, McCartv A Co., Inc.; Seligman, Lubetkin A Co., Inc.; Westheimer &. Co.: Boettcher Bradbury-Ames Co.; Clayton Securities Corp.; Roney & Co.; Co.; & Faulkner and McDonald-Moore Co.; & A Co.; Pacific Co.; ger, Kipp A Co.; Stix & Co.; F. Detmer & Co., and Investment Publishing Co. 10,152 shares of common Price, $14.25 per share. Offered by Blair A by: Peck & Prescott, Durst, & common Bos- & duPont I. Simonds C. A Corp.; Underwritten Link, Gorman, Fairman I. stock common Reinholdt Co.; & Inc.; Kraus; Inc.; Co.; Sills, Co.; Hague A Over¬ Wm. & Cruttenden Cleveland by Ofiered stock common of share. per Co., Co.; Smith, all, $6.25 & First Stoetzer, share. of share. per shares 240,000 McDowell A. Piper, Inc. cents Fairman Richter Day Wibbing & Co.; Corp. Blosser; George Taussig, rn Co. S. of California; Yantis Securities A Co., Co. Rod¬ Inc.; Over¬ subscribed. n. Consolidated shares of Mining, common Co. Smelting stack bv Price, $30 Corp.; A. p- 32 500 (par Co, shares per share. E. Masten" of Price, Co. $9 1111,875 Co.* by Moore, The Wayne • per par Mills 5.000 $22.37% per Knitting $5). Sachs stock common Underwritten A Power & $5). o-n-ci'i •r»ribpd. A Price, Co. and Piper, completed. (no First Leonard & $55,433,608 Singer, Richard"Lear & Scherck, A - S^Mi'mn 144,666 Crowell Radio $1). Straus Blyth Beane; & shares 46,000 60 Overscribed. Co. Trav-Ler (par A. S5). (par Goldman, Corp. Price, cent). & A Co.; of Offered Television 1 Tellier common Offered Trad (par $5). (par Goldman, shares 21,022 Co. Co. (par worth. preferred working company & Share Wagenseller (Joseph) by Straus holdings yield 3.50V. William Co.; bastman, Hurd, 1-ernet Co.; A to Corp.; Co.; A Inc.; barr, A Co.; A Botany Mills, Inc. 1 000 shares of common stock (par $1). Price, at market (approximately $8 per share). Offered by par). Offered of share. 250,000 & Michigan A Co.; A Pan- 5% in Co. A Offered shares Hopwood, 975,COO Home prior of $25.25 Erothers; Offer-d of Co.; offering entire mortgage Sullivan Brown Nolan, Paine, 1,500,000 share. per share. shad's Rhoades A Co.; Paine, Webber, American Pan per Inc.; Co., Hayaen, Pierce, Inc. 100,000 $24.25 surplus. for Price, Pierce shares Frice, Co. 40,000 1,000 capital. Reining $1). (par Becker & stock¬ ?-»/•. of "P^-oose. share. per capital and A & Company. & completed. by Pur^"-"# at^par. 11,000 of to increase capital of (par subscription shares shares 40.000 Rauscher. 5,000 Purp"s° share. by stockholders. 100,000 Crocker <H. 8.' stock for l—ran«f Co. in shares Securities & Estes Weeks; subscribed. 8,000 360,000 Lir" (par $101. Inc. (oar working Offered by company for subscription holders. Coastal stock $19.37V2 Jaffray of and by S. Parsons Co., Inc.; Eastman, Dillon & Co; Glore, Forgan & Co.; Hemphill, Noyes, Graham, Par Jons & Co.; W. E. Hutton Purpose, for submripf'on bv employees. Casually Co. lOCOQ shares of capital stock (par R-mos'or working capital. Price, $25 per The the interest Co. Republic Gnc.i; & A company 250,000 Anchor Loeb, Co. first and Bosworth, A Foiger, 4,334 Stores, Inc. Ashland Co.; CUTnn_ shares C. First stock Pancoast; D'Assern A Co., and H. I. Josey A Quicklv stock mem¬ p> rr. Pl"c°d nrivatelv with National Society of Public Accountants. the 478,380 American 4\, Alden's, G. vi-v.p Inc.; Corp.; by Issues Not Representing New Financing +$213,125 Society of Public Accountants. o. com¬ Offered written. capital. wi'h of share. per Staats were $1.87'/2 Whippie Becker Collin for common working nrivately National for for for of Ottered shares Beane; & Co.; D^minick; Company. corporat'on. shares £ 5^0 M. R. & Corp. 102.75 bacon, Sons; $18,040,G65 Price, T.oc. Purpose, rr-'-m- the *60,000 Awnnt-n" lative Co.. 9,024 Co. Price, $35 per share. Kidder, Peabody A Fairman Robertson Dewar, H. Co.; & Weld 3%% Co. American o. Co., $24 Offered Merrill Lynch, Pierce, Fenner & Company; Hayden Stone A Co.; 2,425,000 Atlas *$1,800 Accountants V 'b lrh'n» by A shares of com¬ share. per 0 for Robertson in of common working privately by stock ,280,000 200,000 written M. A. A- Qf common «h"rr Purpose, $10 t„. Co.; A. $10). (par common Marks Co.; Hemphill, Noyes, & and ot share. per Airways, Inc. 366,954 shares of rrict, $9.j«v2 ptr snare. Under¬ 50,000 Chemical $6). Inc.; •-f— Southwest Richard Newhard, Cook & Co.; Hopwood; Reinholdt A FhJa'd- ?• <""o ; F"ls, Fairm-n Straus & Floss^r, and J. s. Strauss & Co. *30,000 per Auto preferred loans Crowell, duPont A Temon on^ M-«-t Co St0ne & Co.; & Co., Inc.; Fran-Ms (par $12.50 Coolev p. H"ll£n>rten . P'ice White's ible rf>ck co—on acomsitions. R • i>n]jtti.> 1,000,000 ETC. -her»« TTT/r"-i'trv, b" Hey<vn, «rrZ; W. FU'LDTNGS, r-#n. Spencer Co.; Christensen, par. L-iurenfce Co., A 10,000 $110 $109.50 William Corp. Price, (par (nar Price. & Purpose, t-> rpr|,,"» ba^'' Hayden, pany; $3.50 Coffin A Burr, Inc. Foigan only. s+cv-k Oversubscribed. Pu-nr'p. 8,750,000 Price, $8 per share. Underwritten by Merrill Pierce, Fenner A Beane; First Southwest Com¬ Lynch, capital. company. shares 16,875 Brothers; shares Price, Gas 1976. by Bullington- stock common 75.000 Inc. World These cents). Bond Stores, Price, (par $1). Tube Gardner; Auto $100). Curtis; and White, 150,000 Seattle compem. White's coast; $1,250,000 Knott 10 60,000 shares of common capital Purpose, to pay loans, etc., and for Price, $4 per share. Offered directly capital. Corp. Co. Price, Telegraph & Manufacturing Corp. ways Inc. par). Over¬ Inc. A Tulley A Airlines, (no Telegraph & Peabody A Co.; Carl Pierce, Fenner 93,750 Reading for subscription by stockholders of Zenith Radio Turner Co. A by Lester A Co.; Bingham. Richards A Co., and Wagensener A Lynch, Blosser, capital Tennessee -n^mon buildings. and Peters, shares and Charles A. Co.; Price,- Mfg. cents). 50 Lehman subscribed. at, ap¬ share). per and of nf shares $10 Co. A residents to 2,500 at for workine capital. capital. working Taylor offered Co. Offered Inc. stock $506,922 $5). Kidder, Oversubscribed. (par Si). stor-k common public Price, and K.) Purpose, (estimated Strader. by Co. com¬ Cofket Penington, Sutro A Zuckerman, Smith $100). (par stock Jackson Corp. 240,000 a stock common of oT-oapy Inc. Land, co~ts to of shares 50,000 Haven New Casual'y Co. 13.0rrt shares of Purpose, fo*- expansion. Price, value Oi¬ of speculation." a (par by Merrill Co. & pari. (B. working nronertips. of shares 80,000 Securities Corp. Purpose, Alabama. shares Offered "as Co. market A Swecnev $5). and additional Fire (no Schas common company A Underwritten 60,000 subsidi¬ of Davis proximate participating of to CO 000 \"r o«o par. shares <""-.Uire to for at 5% shares Purpose, Ofered Combest Co, Purpose of 20.000 by share. Emanuel, Deetjen A Co.; C. Allyn A Co., Inc.; Bache A Co.; Blyth A Co., Inc.; Golaman, Sachs A Co.; Hempnhi, Noyes, Graham, Parsons A Co.; Hirsch A Co.; Hornblower A Weeks; stockholders. Insurance Southern oaoital for par. stock common per A. common accounts receiv¬ company for subscrip¬ F- by offered Hill Hurry; American written by purchase to Offered $35.40 Inc. lousman; Television Telephone Central 130,000 working capital. company Corp. Purpose, common Completed. Lynch; & and (par and Inc., "as common stock Cullom 1,000,000 f0,000 (par wells. Price, V A and sold by Chas. W. Scranton A Co.; A Williams, Inc.; The First Boston Corp.; Lynch, Pierce. Fenner & Berne; Putnam A Co.; Edward M. Bradley & Co., Inc ; CooIpv & Co.; Estabrook & Co.; Geyer Sr. Co., Inc.; A. M. Kidder & Co.; John C. Legg & Co.; Paine, Webber, Jackson A Curtis; Alex. Brown A Sons; Robert Garrett A Sons, and Shelby additional for OIL preferred S. 3,440,194 Pan • (5,425). Forgan Underwritten per $70,000 Mid-South 136,922 U. Glore, of shares Price, of Ullered Blyth & Co., Inc. Avco Security Inc. $10,833,055 (par by Merrill capital of shavs for additional share. per by Offered Price, at F'actors $1). Price, at by common slock stock mon Day, Stoddard aries. 300,000 Prugh Weeks; A (par $10). Purpose, to increase capital Price, $30 per share. Offered by company for subscription by stockholders. Unsubscribed shares (2,217). Oversubscribed. Mfg. Price. $28.25 per share to stockholders and $32 public. Offered by company for subscription by stock¬ holders and emolovees. Unsubscribed shares (1,673) underwritten by Drexel & Co.. two capital. (par capital funds. A to stock Hornblower Leonard Blyth A Co., by cumu¬ shares Offered, by shares 95,000 5,000 value. Television & Mercury stock mon & Investment Co. 350 shares of 5% cumulative preferred stock (par $100). Purpose, working tion capital. Price, Unsubscribed share. per Co., Inc.; Cohu A Co.; Courts & Co.; Crowell, Co.; Dempsey <k Co.; rirsi Caiiiornia Co.; Space and Co., Inc.; Johnston, Lemon & Moore, Durst, Mortgage A able. , Co. & Dental $20). production 192,298 White Davis Southeastern Corp. of America 717,500 shares of common stock (par 10 cents). Purpose, for purchase of new equipment for working C8njtal. Price, 40 cents per share. stock stockholders. H. stock and Offered additional and Co. Stilling, Morris & Walter A A (par $30). working capital. share to stockholders and $33.75 and to public. Offered for subscription by $1 Inc. Co., Inc. 1,100,000 Pacific Telephone underi <7.50% to Lane, Underwritten Lynch, Pierce, Fenner A Beane; Paine, & Curtis; American Securities Corp., and & Co., and offered to public. for 299,000 Video 850,402 White expansion per dividends Realty for sion. without company interest, subscribed. company. 299,000 Television 468,750 Trav-i by by class & 59,063 Pacific Webber, Jackson by employees. stock for $32.50 Merrill Paul share. per publicly espial. Underwritten Guardian First 5.846 shares of common stock. Purpose, loans and for corporate purposes. Price, Co.; A Taggart & Co., inc., and one organizational W ce, $1,001 Co.; working A Weedon 988,128 Pacific accrued 100 000 woikuv* uy mortgage A Johnson, stock common Noiwich Pharmacal Co. 50,000 shares of lative convertible preferred stock, series Price, Corp. Works pay Corp. Purpose, for of for lien tpar $1). r-nce, $11.25 per share. Under¬ Van Alstyne Noel Corp.; Bioren A Co.; J. C. Co.; Cantor, Fitzgerald A Co., Inc.; C. F'. by Cassell acqui¬ preferred of Purpose, ana Offered Purpose, and stock mon Bradford writing. common Safety share prior Corp. 6,668 shares of common Price, Gas par Radio preferred cumulative shares 30 one stock. eiuinnunt 5% of $10 900,000 Olympic Inc. 358 shares of partivoting preferred stock (par $100). Price, at par. Sold to oigani- and of units common unit. per (par Bonds in of of Blyth Co.; shares common utlerea sm.re. Price, $20 per share. Inc. Oversubscribed. Co., Natural common Inc. 30 $1.0000) (par $1) "expenses, ,. (par $1). capital. Prke, (par Views, (par Bonds" above.) "Long-Term unutr to.v, stock to shpres above.) *100,000 Sentry i r00 noo "Long-Term Oil Soundcraft t- ce Notes" News ptr 4Vi'fo RR. Products, $1). A by Offered Price, $107 per unit. of shares 7,200 $29.25 Completed. cents). Starch i.) (w. fered for 10 (par 177,000 Northern company. stock $3.50 per share. Underwritten and offered by Co.; Bingham, Walter & Hurry; Hill, Richards & Co., and Wagenseller A Durst, Inc., "as a speculation." 56,250 Reeves of zers Price, (See stock Service, acquisition. lor Purpose, Co. Price, l, 1978. Price, at 883/4 and Offered by Coftin A Burr, Inc. (par written shares. stock common Jan. Eberstadt Inc. 310 shares of participating, common non-cumulative, Purpose, Lester & stock. common seven Typegraphic pating, share 500,000 Pacific ReUnerr. 6% preferred stock (par $100) and stock (par $1) in units of one voting of and due 5.67% stock company. and working capital. by J. G. Lawlor Co. stock shares of sition of 131,250 Corp. $1). of shares Jacquin, Bliss A Stanley. directly by company. Offered Electric A $16). Co., Inc.' 6,668 Mohawk Business Machines Service, Inc. 0,703 shares of common Purpose, for acquisition. Price, at par. organizers to (par 50 cents). Purpose, to pay indebted¬ officers of company and for working capital. Mfg. bonds yield pait.cipatiiig par. non-cumulative, stock two to at Gas (par 1,900,000 National of shares 250,000 Inc. Russ 1,812 of capita) Ouerta by shares 9,000 per share. A Co. $22 and Co. 100,000 Missouri-Kansas-Texas , Nave Typographic Service, preferred "Dicia- Offered stock Blyth A Inc., Co., Inc.; Mason-Hagan, Oversubscribed. and Space , Co. Price, White A Co. Ludowici-Celadon 210,600 Madison Typogiaphic stock Hutton common and iua.iu^aocure Co.; B. bnare. Cement $2.50)." of common stock Oflered by ulyin A shares 1,500 ptr (par $50). Sold at auction to Edward Grail ana Norman Ashar of Chicago at the Oflice of Alien Property Cus¬ todian on their joint high bid. & Co.; Trie Muwaukee Blunt Ellis & Simmons; First Publications, Price, Sold 33,170 30,030 Mercury common ness Price, shares 25,000 ... Lane, cumulative a *35,800 Nave Co./Inc. Dicta type (par type" machine. by company, & 54,813 Co. Portland (par Chas. pie^cned st>cx (par $li. Purpose, to reacquire 2,198.5 shares of common stock ($140,900) and lor expans.on and working capital ($109,- Co. 87,500 New Trask Gleason Ciass $4,50 cumulative building program. of par>. share. per shares stocx . shares of common stock (no share. ' oflered lor subscription Time Executive Personnel." 5,962 per Price, $25.25 Completed. 198,000 Longhorn 4% shares of Loewi Corp.; Kuhn, Loeb & Co. 2,170 *1,070,400 National Securities Spencer and Daniel Reeves & Co.; Co.; & Oflered by Atwill & Co. 100,000 Corp. $28 Production $i). (par Co., Inc. Michigan Corp.; Julien Collins & Co.; The IJinois Co.; of efforts" 1,200,000 Muntz TV Inc. 400,000 shares of common stock (par $1). Purpose, for woiking capital. Price, $3 per share. Un¬ derwritten by Kebbwiii, Mccormick & Co.; Ames, Emerich A Co., Inc.; Eacon\ Whipple & Co.; Piper, Jaffray A & Co. Co.; com¬ 10 cnets). Purpose, for working capita). share. Oifered by Jacquin, Bliss A Stanley basis. Completed. Finance Equitable Johnson, shares 58,612 Corp. (par per "best a ft. shares of common purchase of equip¬ 60 cents per share. Inc., and Hunter & for Price, Price, $25 per share. Price, ' company's "Unlimited ,oy "37,875 Hugoton . preferred stock (par $100). Puipose, to increase working capital! Price, $102 per share and accrued dividends. Under-t written by Lee Higginson Corp,; Kidder, Pcahody & Co.; William Blair & Co.; Blyth & Co., Inc.; The Fir^t Boston Corp.; Goldman, Sachs A Co.; Smith, Barney & Co.", A. G. Becker A Co. Inc.; Glore, Forgan A Co.; Hemphill; Noyes, Graham, Parsons A Co.; W. E. Hutton & Co.; Paine, Webber, Jackson A Curtis; Stone A Webster Se¬ curities Corp.; A. C. Allyn and Co., Inc.; Bacon, Whipple & Co.; Ceuual ftepuunc cu. a-c.i, Harris. m~1j & ooi (Inc.); Kebbon, McCorm.ck & Co.; Alex. Brown & Sons; 360,000 Purpose, working capital. Bi^imss stock mon on Corp. cents). for Co. "as Television 10 (par and plus. Oversubscribed. Co. 216,000 International ment & Co., Inc., and J. Harris, Inc.; Strader, Tayior , Home Insurance Co. 12,000, shares of common (par $10). Puipose, to increase capital sum sur-i 10,000,000 Household (Joseph). Co. par). . j / ; •.*; r . stock ' Gardner; Sills, Fair- Meeks, Reddoch & Co.; Remholdt A man sold. . 300,000 Florida Piper, Jailray and Hopwood; Stein Bros. Loa^i, v.a>a u Co.; Kaiaian « Co., Inc.; Co.; Perrin, West A Winslow, Inc.; Cruttenden & Co.; Ferris A Co.; First ooutuau* w.f HiCkey & Co., Inc.; Jenks, Kirkland & Co.; Johnson, Lane, Space & Co., Inc.; Otis A Co.; Putnam A Co.; Rauscher, Pierce A Co.; Dallas Rupe & bon; Sc.-t-rca, x.ic. t.i w., Btiigor, Deane u Scribner; Straus & .Elosser; Atwill and Co.; Burgess & Leith; Coburn & Middlebrook, Inc.; Ingalls A Snyder; Pearson, Erharo A Co.; Co.; A. M. Law & Co.; PurJtiice, at part of Illinois. "All pose, lor general corporate purposes. Offered by Boettcher. only to residents , 166,936 Home (par $10). 1,000 shares of common stock 10,000 Dean Co. (par worKing Monday, July 3, 1950 . A Co. Deane & Scribner; Chaplin & Co.; Kay, Co.;. McJunkin, Ration A Co., and Reed, 'Represents issues placed privately, tlndicates special offering. shares of common shire. Offered Jaffray & by Hopwooc. stock Goldman, -Quickly Number 4921 Volume 172 . . . The Commercial and Financial Chronicle Clarostat General Corporation and would be ry. 1949 1943 $977,000 $788,907 169,390 117,220 313,650 149,233 82,259 11,988 197,621 51,855 income— from .Net from Net ry. 4,093,000 3 953,000 4,274,000 "Orders 658,590 463,220 824,845 171, p. 161,936 *2,395 266,332 it from from ry. from Ry.—Earning? $415,848 52,862 9,625 $486,052 121,651 76,753 2,090,097 2,102,147 2,128,324 1,925.662 $124,500 and $377,293 52,044 $220,000 office 65,510 Net from Net ry. —V. Wall 231,263 368,086 244,598 83.358 167,726 This 3,991,017 railway oper. income ry. 1948 « 1,785,370 2,513,766 888,806 from Gross Net from ry. —V. 171, 85,469,955 16,212,947 5,464,010 84,621,769 21,849,580 railway railway 9,100,448 income oper. 92,693,485 26,599,946 11,759,579 from Gross Net from Net ry. ' 1949 $2,226,876 67,457 "91,505 1950 $2,467,823 670,118 railway 345,319 income 1948 $2,677,925 465,370 140,550 2,446,409 from from Net ry. Net 31,277.927 1947 11,474,185 2,304,337 784,945 1,568,423 Net from Net ry. —V. 233,012 to be television sinking B made fund ^endeavoring has years, to ended the trustee, 23 its complete efforts, its in provision its has issued hands to order an subscribers the to to 1947 1948 1949 escrow capitaKstock a of year $157,314 681,933 2,361,516 5,681,699 announced and $101,146 2,568,386 May 31 corporation ago June on that that the of branch the 566,562 748,952 515,180 Net from 271,108 155,421 318,820 181,522 Net ry. at Calif. 13,304,253 12.423,761 3,122,548 3,548,967 2,735,504 Net notification of Proceeds 1,006,274 1,285,912 1,065,155 Net ry. Gross 171, railway 1949 1948 $770,120 $1,011,862 $909,433 railway...{ 516,782 283,893 income 301,354 from Southern The from from Net ry. 295,257 249,154 v 161,426 cumulative 3,694,464 3,438,465 1,255,267 1,170,055 1,098,*53 ry. 796,318 676,709 637,103 593,878 Gross original of from Net ry. 1948 1949 1949 1948 166,054 "10,993 $1,636,886 419,717 204,357 $1,309,540 413,589 $1,436,457 151,724 railway from Net from Net income ry. 7,370,353 1,004,777 224,318 7,587,790 1,569,661 railway 611,928 income oper. Exchange rider 171, p. New from Net 7,620,106 1,747,519 772,907 ry. its 818,365 Oper. and 3,299,556 1,886^819 from Net Net ry. railway *227,610 1,159,941 93,695,451 96,748,063 90.163,351 1,106,399 Net 8,281,452 12.377,964 306,186 Net ry. *644,179 2,181,404 7,326,709 2095, 2301. 171, pp. income 171, p. 1949 1948 from from Net ry. $230,132 $165,371 60,018 105,831 71,687 45,304 25,832 52,284 35,196 railway from Net from Net ry. income —V. 171, railway income— du du who Pont, 492. Pont 1,097,826 786,298 291,746 471,623 484,124 322,338 119,432 233,143 257,152 68, 172.323 * 110,372 74,215,263 *24,899 73,079,889 17,277,595 6,017,220 called interest 1, for redemption & Gas has in Electric each 1920. Met frcm Met ry. -V. for Gas 1027/e% at & and on July 1%% Corp. redemption on July 29, 1950 Electric Corp. 3'/a% deben¬ accrued $131,819 345 *732 *1,878 6,269 *5,690 *14,329 income.._ 802,020 120,900 155,905 150,059 *30,243 44,835 railway 74,676 96,603 171, 660,246 15,953,415 5,265,722 16,385.131 Subs.)— (& Southern Ohio Electric Co. & operating 1949 1950 revenues int. etc. 1 $25,678,260 $23,992,052 3,791,578 3,503,104 441,324 441,324 1,501,360 1,501.360 $2.04 tbe sale —V. of 5,727,643 4,613,847 2,810,490 2,925,278 3,353,457 £502.883 common per share preferred dividends.—V. $2,592,756 $2,179,277 for 334,935 334,935 $1,844,342 period 1950—3 Mos.—1949 bonds The made were sold due scries N. 1, April bonds temporary Yoik, New 171, Y.—V. at p. 1979. th 2608. the fluid June on equipment new enable 28 by R. at large type the current L. Hockley, modernization Dean Vice program Co., Chicago, 111.—Stock stock at par an catalyst, it was President. in Cincinnati, with ($10 171, p. an¬ the 1783. Sold—Boettcher May publicly offered and sold common of cracking than $1,250,000.—V. more Cincinnati. improve ! corporation's production scale petroleum issue of 1,000 share) to resi¬ an per only. will be used for corporate general purposes.—V. W. E. San Antonio, Tex.—New Name— Dean & below.—V. Co. 171, 1666. p. reported that the Co.—V. 169, p. & name of this has been company changed to 2312. 1950—12 Mne_$ $ a premium, the cost of money to the com¬ SO.35 $0.73 $2.34 INCOME ACCOUNT Income below.- -V. stores operated in also the the over 171, Redemption3. p, same to stated first 4'/2 70. that both months period last of and sales the year.—V. profit fiscal 170, Delaware & Hudson RR. Corp. Gross margins from year have Jan. 31, 1392. p. Earnings— 1950 from Net Net ry. 1949 1948 1947 $5,046,068 $4,505,667 $5,110,739 $4,672,195 1,170,188 railway 775,619 1,260,441 1,302,063 from railway oper. income... 609,705 337,112 654,920 653,702 21,253,367 21,620,082 24,061,785 21,843,098 4,162,943 3,559,399 5,248,573 5,330,081 2,011,920 1,529,886 2,568,094 2,556,355 From Jan. 1— Gross from railway Net from railway Net ry. —V. oper. 171, p. income.. 2302. __ : $5,861,330 income $4,169,313 240,062 from Net from $4,409,909 1,057,054 Western 1949 1948 1947 $7,412,438 $7,712,833 $7,012,005 1,543.690 Net ry. railway 1,527,550 1,962,990 1,608,323 railway oper. income.._ RR.—Earnings— 782,822 742,333 981,172 773,204 30 839,127 34.616,727 36,983,455 32,536,335 From Jan. 1— Gross from Net from ry. —V. railway railway oper. 171, p. ... 5,486,890 6,009,687 7,824,049 6,783,671 income... 2,610,693 2,706,526 3,408,780 3,196,969 2399. Delaware Power # Light of Co.—Acquisition, Etc.— company and its subsidiary, The Eastern Shore Public Service Maryland, have received SEC authorization for the issuance and Eastern Shore and the purchase by Delaware Power of the fol¬ $3,000,000 of 4% promissory notes due Oct. 1,- 1973, common stock, $100 par. lowing securities: and 30,000 shares of The securities time be to used time for money to be are during to finance sold in equal the period ending its construction amounts by Eastern Shore from Dec. 31, 1951. Proceeds are to and reimburse its treasury previously expended for such program.—V. 171, p. 2399. program 240,596 $6,101,392 & 1950 $6,983,027 May— Gross income '.1 ♦ deductions 1,060,822 ... The Net income ♦Earnings 'iH*Based the p. per on share of average 2Pror*l split.of 2510. common shares common $5,040,570 $0.97 stock outstanding stock adjusted effective March in period for 1950.—V, 171, each 31, $3,352,855 $0.71 company on covering 500 shares offered „ during the three months ended April 30r 1949. 1950, sale by 1950 1949 $35,403,314 $31,154,124 20,755,306 19,653,086 2,476,474 2,342,998 6,310,204 4,988,727 May 31— income Gross $3.27 t After charges and non-recurring profit of $435,475 from ... Co Delvale Dairies, Inc., Baltimore, Md.—Files With SEC share. shares. of Kaufman improved Co. 1,288.401 170, p. 1595, number This revenues Operating Other 1,288,401 common Farms Kaufman, Vice-President, on June 22 announced that the is opening three new stores. The new stores are located at S. C.; Pueblo, Col., and Monroe, La., bringing the total Net June 29. on at Operating expenses Depreciation and amortization -1949 1,288.401 tlncludes Julius company % 1,288,401 combined class A and Seabrook Greenwood, program. Five Months Ended Operating f3.524.731 warehouse 27/s% outstanding St., Deerfield Packing Corp.- -Partial being 2.70% after all expenses of the issue, , proceeds are to be used to finance in part the company's large construction 40.249,340 186,541.036 170.459.90G 3,950.862 taxes, bonds, for 16 Wall 1146, 171, p. Taxes X 1,232.943 com. a $195,768 $239,184 1666. Is It of Balti¬ The 14J230.063 outstdg._<r_ on 350,327 (W. E.) Dean & Co.—Changes Name— 2302. p. $2.23 pany 602,517 income 2,529,604 279,808 Delaware, Lackawanna LX28.523 627,057 5,433,353 income of will Dean & Co., *96,232 income. oper. 732,467 795,085 799,594 Privately — The company in June sold $12,000,000 of 23/4% first refunding mortgage sink¬ ing fund bonds, series W, due June 15, 1980, to a small group of institutional investors at a price of 101.4367% through The First Boston Corp., according to an an¬ $3,024,136 1,194,462 755,504 profit per 2,872,564 exchange Co., proceeds p. See 1947 1948 $154,784 18,535 more—Bonds Placed 1947 1948 $3,476,463 1,208.054 $ ♦Eased 189,421 Cr6,347 ..Dejay Stores, Inc.—Opening New Units— Consolidated Gas Electric Light & Power Co. 8.047,819 $3,256,895 44,497,086 ♦Earns, $3,333,342 to development, totals Dean interest. 1949 CONSOLIDATED Period End. Apr. 30— Federal $3,923,027 mortgage in synthetic & Co. in 1950 all of serial deben¬ $155,607 railway from ♦Earnings 2301. shares 18,472 $274,200 29, 2,905 profit after deprec., Federal taxes, Preferred dividend requirements Common shares outstanding 17,300.255 5,801,924 15,732,077 45aies Com. 18,592 Cr28,873 surp.- first Trust shares of 171, $153,590 Net City Stores Co. (& Subs.)—Earnings— tNet $3,904,435 $2,257,821 plant latest 69.536^293 17,006,800 531,563 railway p. transfrd. earned of See Columbus Total 1,019,479 income oper. 171, $3,314,870 $269,131 May— i $2,951,966 railway from p. York. New taxes reserve dents of Illinois From Jan. 1— jross 170, Bank of 1912. case. called also Columbia 1971 railway ♦Deficit.—V. 2,462,564 75,327,637 1949 1950 oper. the above City 210,311 after Davison's 9,363,377 recently appointed President to succeed^ P. S. has retired but will continue as a director.—V. 170, pp. railway railway..— has railway oper. ry. 68,616.515 6,310,265 *5 372,483 was from ry. Inc. below.—V. 167, p. 12 Months Ended March 31— 72,429,367 18,279,575 6,699,759 May— Met Electric Corp.—Debentures Called— & Columbia nouncement from $302,802 $302,802 surp. (The) Gas 2607. from Cincinnati, New Orleans & Texas Pacific Ry.—Earns, Met Cuba.—V. have 1950, must payment. 30, the National 151,899 income... 1950 Net 687. 7ross Ohio, 2302. from ry. Gross Christiana Securities Co.—New President— Lammot the in Davison Chemical Corp.—Modernizes Plant— Mr. 2301. p. June be quoted bonds shall settlement ot bonds the that delivery a 5,069 Installation payment of both issues will be made a't the Guaranty of New York, trustee, 140 Broadway, New York 15, N. Y.— p. •After railway oper. that 1950; be show stock dividend requirements nounced 1,151,247 From Jan. 1— From Jan. 1— Gross series 1950. 1950—Month—1949 1950—12 Mos.—1949 $1,184,513 $15,845,346 $14,162,490 $1,304,188 1,001,386 915,382 11,940,911 10,847,620 taxes & available type 872,901 railway. outstanding Co. 171, Net 1943 19-47 1950 1949 $15,741,849 $14,403,598 $15,291,992 $131176,449 3,675,752 2,380.933 4,142,812 2,872,468 1,308,670 1.159,067 1,571,335 844,987 railway oper. of $1,001 5y2% June 30, Definitive Bonds Ready— 1947 $203,044 income Sept. from 2301. May— Net its Net Chicago, Rock Island & Pacific RR.- —Earnings— Gross to Bankers $197,849 May— 67,520,918 4,635,791 *1,891,921 railway ♦Deficit.—V. Havana, May 31— Definitive 91,059 accrued due Net railway oper. 30, to Balance 61,976 Columbus & Greenville Ry.—Earnings— railway from from Net each of bonds, 18.728,232 From Jan. 1— Gross and to The interest Balance 630,505 294,041 corporation of Trust 1947 1949 1948 1950 $15,127,848 $13, 304,323 $16,304,260 $14,556,422 2,481,525 582.322 2,967,769 from railway.. 1,592,068 396,387 2,406,464 1,191,059 ry. oper. income— 318,856 Net Constitution the gold Immediate Chicago & North Western Ry. -Earnings— May— from Y., revenues___ income corp. Sept. 1, from 1950 to 1956, inclusive, as follows: series D 100%%; series F at 100'/4%, and series G to J, inclusive, at at with Gross Gross and beginning at made income Preferred 2302. p. railway p. due The all 1,189,418 1,684,849 income— oper. Principal— of principal tne directed June on "flat," revenues oper. *5,125 1,010,918 ... 71, corporation E tures V. railway ♦Deficit.—V. 0* income *68,348 railway 3.095,198 1,651,895 income— 1,508,833 90,178,236 10,308,580 railway oper. the mortgage Exchange made be expenses 1,037 1,201,043 j outstanding tures ♦136,805 1947 1950 1949 1948 $19,844,129 $18,569,069 $19,202,388 $18,749,386 railway from tht for used provision first thereto stamped will Operating 111,586 Columbia Gas System, The 6.116,933 From Jan. 1—• Gross reimburse account of bond in contracts York, N. The Chicago, Milwaukee, St. Paul & Pacific RR.—-Earnings Net Stock dealt attached 53,089 ♦6,356 2301. May— from be Payment 200,823 198,979 100, Gross of names property addi¬ company's treasury fo. be purposes. on amount $1,000 per to 36,355 Columbia Gas System, Inc.—Calls Debentuers— railway ♦Deficit.—V. to will stock transitory a $32.35 York New $32.35 ex $1,025,961 4,644,041 oper. 171, See From Jan. 1— Gross the 1947 $864,456 5,504,975 Columbia $1,731,540 railway oper. the are as 1942, due 1942, "part-redeemed," was made on presentation of bonds for stamping of the rider attached thereto. Transf. income.332,038 from ry. —V. 1950 from of sale with of principal $1,035,195 railway from 1947 May— Gross payment and B^y.—Earnings- Chicago Indianapolis & Louisville Ry.—Earnings— Net from the accordance Gross 5,291,877 oper. Net 2301. p. amendment, Cuba Northern Rys. Co.—Payment on In Net 1950 from 3.280,458 1,398,271 income oper. of one share for and underwriting 1550, at the rate subscription price 12, The by the company's 1950 construction program is estimated at $41,000,000 program after 1950 is expected to require from to $30,000,000 of auditiondl financing.—V. 171, p. 2603. Other From Jan. 1— 3,676,403 railway railway 171, with construction preferred 4,921,743 railway lrom Net Net —V. With SEC— $25,000,000 185,394 railway.... oper. Net Net July held. supplied » , subscription by holders of outstanding for and improvements or expenditures made for such $923,147 May— Gross From Jan. 1— Gross record then the Colorado & Wyoming Ry.—Earnings- 1947 $744,836 460,379 156,735 oper. - further to are with 650. p. income... ♦Deficit.—V. 2301. 1950 ry. offered tions through Hooker & Fay, design and develop share), per proceeds railway from 1,443,055 income— 13,845.403 3,872,081 — 13,189.345 May— Net request From Jan. 1— railway from to 24 Dallas Power & Light Co.—Earnings— class A convertible ($10 par The railway oper. of be July 2096. P- coming number outlook for the letter a 1950 741,749 lin< underwriters. 2398. p. filed 22 16,000 shares of offered from pipe June 23 filed a registration statement shares of its common stock, no par. to be to are continue 1949 1950 taxes of as President, since ^ V- for May— Gross on shares 10 Net Chicago & Illinois Midland Ry.—Earnings— from is stock or¬ CoriM& Subs,)—Earnings Higher receivable Colorado & income railway Net stock terms are Gross company covering 499,903 common according 2398. 171, p. The Cuba, Insurance ga its bonds, at 102. p. been two equipment.—V. $2,523,084 p. of Gradman, covering $2,810,012 oper. 171. series be until persons 171, and upon notes Francisco, $2,508,806 from has moneys corporation stock San From Jan. 1— Gross Incorporated, 171, 5% will Color Television, Inc., San Francisco, Calif.—Files— 127.118 $2,700,341 oper. which alter doubled railwayrailway. from Payment interested application.—V. given the Period End. 457.113 13,018,778 1950 ry. fund $268,600 of bonds. appeared favorable.—V. 171, year SEC from Net sinking 105 and gold bonds, at $2,438,259 1,458,111 335,988 May Net next, reports. working capital funds offices Chicago Great Western Ry.—Earnings— Gross Co., 1, inventories gas Consumers Power Co.—Registers Present company. Installment 12,122,734 1,081,080 bonds; C N. Y.—V. practically return income Total 14,877,852 2,473,738 income oper. ♦Deficit.—V. A Colonial Acceptance 87.481,363 11,286,884 railway railway & Oct. on first mortgage Fiscal Year Ended May 31— From Jan. 1— Net period." increase has SEC hearing upon will exceed $5,000,000, year underground enlarge • SEC redemption series Morgan York, for to The Cross P. for series 4'/2% press David J. railway oper. years this * * . the proceeds to provide larger will utilize capacity, The Chicago & Eastern Illinois RR.—Earnings— May— 5%% of Department this of 2301. p. called company, holder From Jan. 1— Net war reconversion for Clarostat's immediate 1986. $613,100 of of New recent The 1947 $16,836,384 $18,342,696 $17,221,531 5,400,589 2,125,022 4,957,501 $17,944,527 railway from Earnings— 1949 1950 from J. ganization Chicago Burlington & Quincy RR. Net the Mucher Mr. during and the Co., Los ^ngeles, Calif.—Stock Sub¬ scriptions Ordered Refunded^— 215,924 income— May Gross of sales today," time Coast Insurance 408,070 to Net East Ohio storage The 2301. p. of St., 26,187 497,061 railway oper. 3 71, been interest, viz: 1947 1948 1949 101,699 income..*". railway previous postwar our indicate that 171, p. customers our any Cleveland Union Terminals Co.—Partial Redemption— From Jan. 1— Gross sideration of $2,500,000. The accrued $442,166 railway N. The East Ohio Gas Co. have applied to the SEC to issue and sell to Consolidate a and authorizing East- Ohio each railway oper. hand There have 1950 Net year entirely the cost of Y., to Dover, N. H., order an 25,000 additional shares of Its $100 par common stock for a cash con system. Brooklyn, from at exception of stated.—V. was than the period at 81,454 Charleston & Western Carolina Net larger with six-month 2301. May— Gross from taxes, cannot 607.162 income— oper. plant $1,099,391 after off wrote company commitments and "are existence 3,834,515 railway ♦Deficit.—V. the 1949 entire orders railway of 10% in because the stated, From Jan. 1 Gross approximate made estimated that net profits, sales. Comparison with last This company for The 19*7 $801,000 railway oper. President, Mucher, moving 1950 Net 1949 1950 resulting in a net loss for operation. £,872,000 railway from from Consolidated Natufel Gas Co.—Proposed Purchase— Up 117%— J $2,392,275 Victor Central Vermont Ry. Inc.—Earnings— May— 9 ' Investment News Net Sales Manufacturing: Co.- January 1 Through June 23—■ Sales (Continued from page 2) Gross (9) at (par $10), to finance par June 19 of ($100 6% per to be offered alterations underwriting at and filed a letter of notification with the SEC cumulative preferred stock, series B, to be share) and 500 shares of common stock $20 per provide share. The proceeds additional working involved. (Continued , f v on page 52) will be used capital. No 10 The Commercial and Financial Chronicle (10) Detroit-Michigan Stove Co.—Earnings— Net profit after Common 1949 $2,234,773 $6,054,264 5,601 55,204 648,344 943,007 948,007 948,007 $0.22 $0.05 $0.67 taxes outstanding-- shares 'Earnings May— 1950 $5,358,127 1,139,824 597,520 * railway.— railway.——* from Net from Net ry. income— oper. 1948 Other from Net from Net ry. RR.- -Earnings— —V. railway income 1948 $5,707,744 2,031,424 952.748 453,237 1,347,219 632,278 to $4,507,673 25,770,971 171, 6,402,834 3,462,191 7.512,114 4,938,485 from Net the railway- the sold 1948 1947 fund 104.25 in the in redemption to will including March the in $831,734 $1,198,849 812,766 128,233 421,784 444,420 Total 449,421 81,430 198,854 242.195 and $1,074,296 Fort in portions of subsidiaries are Pittsburgh. Its portions of West in Virginia and the months 12 company and its operating March the period same 1950, 31, subsidiaries amounted for revenues income ended to total 51,808.297 amounted to Gross from from Gross Net ry. —V. 7,363,193 6,853,846 6,401,796 2,910,095 2,429,030 2,680,246 1,ooj,oV2 l,o3^,oJ/ 1,251,758 1.439,643 income oper, It announced was Corp.—Prior Pfd. Stock Authorized 23 June on that holders of 74.6% the of standing 5% cumulative preferred stock have, authorized the 200,000 shares of prior preferred stock, issuable in series, of extension of preferred (convertible This V. the stck conversion for three 4-for-l right the 5% present expire to years, stock). common mortgage bonds: due l, 1973, 3J/4% sinking fund debentures, issuance March the Common cumulative known 1, Jan. on 1, Net "Unlimited ($8.50 Credit 1954 Corp.— Gas Co. owned have Tar & Chemical Co., Ltd.—Bonds Sold—A issue of $4,250,000 3%% first mortgage sinking fund bonds, series "B" has been sold by a syndicate composed of Wood, Gundy & Co., Ltd., Greenshields & Co., Inc., W. C. Pitfield and Co., Ltd. and Societe de Placements chased by new The First Harris, Stone bonds, to be dated'tAug. 1. 1950, and maturing Aug. 1. 1970, will carry a lull sinking fund. Upon completion of this financing the company will have outstanding an aggregate of $6,000,000 first mort¬ new $250,000 1, fund current will which Aug. sinking net of $1,750,000 1951-1957, bonds, 3'/2% the and series present Combined B. of the company $21,287,000. assets amount to PROCEEDS—Proceeds used are of the serial bonds, issue of series fixed after giving effect 3Vs% assets the to due A $4,250,000 depreciated of series E bonds is favorable locations for distribution of its products across Canada, will savings in freight charges and should eliminate the necessity of purchasing salt for certain of the company's other operations. a EARNINGS—Combined operating profits from manufacturing and trading amounted to $4,782,000 in 1949. Net profits after depreciation, interest and charges the taxes first on present in 1949 amounted to $1,811,216. Annual interest be outstanding upon completion of amount to $210,000 per annum.—V. 164, mortgage bonds to financing will 3412. p. Operating revenues profit after "Earnings "After 1943' $67,810,804 $59,359,253 Net ry. from from Net ry. 171, 2608. p. .; Net ry. Net Net ry. ry. —V. 1947 3,725,988 2,752,295 7,190,293 3,669,931 2,569,169 11,143,806 2.816,247 2.416.052 8,367,941 1,449,585 1,157,686 790,730 Net Allen this for the to B. $253,900 $328,900 $287,500 44,079 50,225 "7,825 13,842 Du 1,391,700 1,978,800 564,135 398.131 129,424 98,273 "36,193 Mont as with pointed greater rate stations had he Mont, period the "143,733 Laboratories, Inc. in expected 24 decision a of he in did think not 1951; .1951. Sales 100 in 1952, the the freeze the same than new and 150 in TV of and. the been of new The close V. proposed will 171, offering business of p. not . be on Steel to June made sales last year. television P. be and would He C. said C. lifted be vehicles constructed Net ; ry. oper. 1950, of. capital of rights stockholders More The Net from from 1949 of stock to of record subscribe record that on for is at railway— strongly The 1948 $3,355,488 1,946,523 1,339,763 829,626 railway Net ry. oper. income— —V. 171, p. 2303. 1.979,149 1,005,938 879,553 561.883 • ' t line, offered are 250 inches. * i 18,476,310 i i.U) 15,959.795 8 730,633 3,807,448 6.922,619 6,115,920 3,736,616 3,897,281', ,2,623,697 2,367.425 will molded Harry of has 171, of new- a at prices 2609, p. discontinued sold New and fabrica¬ industry the General and Laminated Textolite Coshocton. It plastics products from Chicago. produce at laminated laminated for parts to York to rods the of Ohio, plant of its laminated fabricated in continue L. Goldstein announced laminates will also surfacing there.—V. President and as June on recently capitalization 5% share of 171, con¬ mate¬ 2399. p. director of this 26. resigned this non-cumulative and 1 & 50,000 placed stock, which the Cc., of will will stock, $5 $1,08 Md. under These material V. 171, products to the from made are face to of corporation by clay $151,566 $1,916,084 $1,930,429 131,174 1,794,994 1.779.534 $20,391 $121,090 $150,895 3,009 74,343 64.941 sales pointing eral for mark to John C. obtaining for franchises to begin and business life. sell Spectra-Glaze Co. of a coat Baltimore, facing of plastic or concrete or unit. See also 2609. p. Buick 1950—12 Mos—1949 per and General Motors Corp.—New Buick Co.—Earnings— shares $5.60 Russell & applying it to trade Burns molded a at the and manufacture The 25.000 by compensation licenses formed was licenses the 20 cents, which were additional 25,000 shares of issued as of (callable par making other arrangements necessary for it corporation and an plus be various consist par stock, common underwriter, the - Vice-President (Md.)—Capitalization, Etc.— company preferred shares Executive as Corp. semi-privately, corporation $5,620,509 377.312 to totaled a sales new Manager of 32,377 for record Buick for cars and the that Sal6s Record— first month, Vice-President 20 days Ivan of L. ■ General of June, Wiles, Gen¬ Motors, re¬ 1 ' - $11,982 14,696 $23,401 $195,433 Sales 56,876 51.727 4,707 cars this $18,766 $138,557 5164.109 $2.09 Buick the 52.48 44.6% were 22,851 $215,836 4,635 , Co.—defers series of higher than a similar period a year ago when sold, Mr. Wiles said. Deliveries for the second 10-day were month has 500.000 16,146. were sold total a goal set for 262,907 of 1950 by this cars Wiles.—V. year, 171. than more half 2399. p. General Radiant Heater Co., Inc.—New Electric and newly System is Cab to available to this company, under result five of all-truck 10 features ,axle of engineer¬ have been in¬ is than $1,000,000 a available in the top and his thin, to 2500, weights up to 24,000 pounds 42,000. Eight wheelbase lengths Liner" series ranging from 136 inches are new series.—V. its from full 171, p. line 60 ^ of on March 14 voted to reduce on bv A. Albert special inches heavy electric new walls, on The The system incorporated was by the has been in September, firm, Dulrae, British is Four base, manufacturing range divisions and dustry" and the wire heating element is sealed in panels, which are inexpensive, easy free-standing brackets, and thermo¬ asbestos ceiling or throughout. heat-resistant temperature up have perfected all to been bv panels, 450 set Raybestos-Manhattan, allows degrees for an unusually Inc., wide Fahrenheit. in up General Radiant to handle marketing in the principal fields of home heating, in¬ agriculture and appliances. Several home ap¬ portable space heater, clothes dryer and convertible commerce, pliances. including 1885. President. which agreement system, non-deteriorating install which to dutv Minton. licensing statically-controlled 1800, vehicle to dimensions now Ltd. In more one-piece durability. extra models, gross up years methods model. to. manufacture the system of electric radiant panel heating, be¬ revolutionary advance over other heating and drying the market, has b^en announced ready for national a made improved "'Style to be dictributfo'"i throughout for new to the announced with British-developed lieved 1949, by weights A New Models- light and medium duty commercial this company. To be known as the a warming table, will.be put on the market by stores country this summer. General Radiant expects to install home space heating systems in 25,000 homes during the first full year of operation —V. 171, p. 2096. throughoutJthe Fidelity Fund, Inc.—Stock Increased— by the cancellation of Fifth Madison Corp., N. Y. City—Bondholders' General Realty & Utilities Corp. 6 Months Ended March 31— Com¬ mittee— "Net following committee has been formed to reoresent th* holders of the second mortgage 6% income bonds due April 1, 1953: Nathan W!lson (Chairman), and J. J. O'Connell. with M. B. Blumenthal and D. W. Blumenthal N. Y., as The as counsel, Secretary.—V. and Paul 146, p. Benton, 170 Broadway, New York. of credits disposition from interest of of real and provision $545,000 estate, Subs.)—Earnings 1949 +$634,584 debenture fExclusive from $201,715 (& 1950 ' income "After The Florala Equitable Gas Co.—debentures Offered-?—Public offer¬ ing of $11,000,000 of 3%% sinking fund debentures, due March 1, 1970, was made on June 29 by The First Boston The 398.397 -150,393 continue stockholders stages of production designed to retail market.—V. been decorative Corp. for $162,375 comprising addition in Co. has plants General Glaze research will produced Factors The $7,190,204 taxes— 1950—Month—1949 new series the the department Standard products inches. Federal models in initial machine on sheets.'tubes was of "1949 1950 announced and 1947 $4,233,656 ; a tractor-trailer 3000 in¬ capital, Associates, Inc., Ready for Distribution— reinforced new which Goldstein recently cab, produced at a cost of all-steel welded construction with of Air director treasury stock and to increase the authorized capital stock to $10,000.par S5 per share.—V. 171, p. 1459. 1949 20,533.560 is working from 3915, p. 1357. new the for machines 000, $4,257,011 1.1 100 in the now laminates, of election common $21,971 been than principally The 4,698,735 the 2.007,471 19.539,037 has in which has custom period of- Offered— company will engage in the purchase of businesses and will act as consultant in connection with financial reorganizations and the placement of loans with banks and commercial finance 2303. p. used adding manufacture corporation $1.13 p. See V. 171, p. 2609. General Equities Corp.—Goldstein Elected President— The 12,926.724 $26,678 and See 84.357,683 income and 6,912,336 (net). 2900 capital date rials of income at 1947 136, 1948 '"Style Liner" dollars, The From Jan. Vh- Gross holders.—V. share.,.—. per corporated to 1666. 1950 railway railway- and same 17,014,362 after par) companies.. "Style Liner", the new vehicle ing research by the eompany. 2608. from from surrender 4,613,515 Federal Motor Truck in until work, paper Elgin, Joliet & Eastern Ry.- -Earnings— Net certificate (no purposes. chemical Electric form to 11,683,369 ^ introduction much a new the not p. at the Legg profit income 168. Co. — Discontinues Fabrication Plastics at Coshocton (O.) Plant— Inc., General in 61,158,017 income Earnings —V. 171, the Corp.—Offering Postponed— holders 27, to May— Gross 30. Mr. Deducts, from gross inc. 174 y2 Eastern Stainless stock to stock common certificate. share income the with securities.—V. Electric Textolite 15,153,156 jncome_j oper. Gross weeks total medium. from would hearings 171, of 24 $18,000,000 aproximate $2,700,000 in 1949. stations 1953.—V, to expected have situation probably first $45,000,000 period of review a the construction on because 30 he to would color freeze in for will year growth the on the 28, compared that compared in However, more declared production present but. that the Spring He June operations $26,000,000 year, restricted September, on that weeks of that the not 1949. this • $1,780,000 out if President, revealed first June appurtenant 1,502,800 '130,110 approximately $80,000,000 compared may is those operation, E. 6,896,235 171, than company's tinue 2302. Du Earnings for He the indenture on be corporate electrified ported. Net of tion of laminated plastics at the Coshocton, and insulating products division. 70,557,494 Operating revenues.. Oper.' expenses & taxes 21,750 324.780 were same of 74.693 3,702 1,642,100 operation's, reach face River Gas Works Fall 1947 income— year net per statement Fund was to are general corporation 63,194.606 Period End. May 31— 1948 77,711 railway p. the Manufacturing Co. (& Subs.)—Earnings— Nonoper. (Allen B.) that 2608. profit Mutual Computing Machines Corp.—Stock lower 62,680,691 income "Revised.—V. -Earnings- 1949 Earnings Higher— Dr. announced ; railway—— Consolidated Net company's 29 Nine Months Ended May 31— net sales 402.400 , $354,400 171, Trust Ter¬ — the 2302. railway "Deficit.—V, of Louis, Mo. 1950 railway 171, p. registration a Founders 100 $15,124,775 $12,790,335 $14,657,668 $12,827,586 4,563,740 2.030,951 2,899,671 3,709,963 2,136,896 707,652 1.545,485 1,074,324 income— oper. Ero 3,148,907 2,709,354 12,981,005 *1,759,516 railway— income— oper. Inc.- $5,032,758 railway. from V railway from from Net 1948 oper. from the on railway oper. filed 26 of the purchase of completed improved much of from series share per proceeds for The RR.—Earnings— Net From Jan. 1— Gross Gross Gross - 1950 from provided - 431,949 Power Co.—Common Stock Offered—An of¬ Laminated May on proceeds distributed ry. "2.560,873 p. and This America, May— 1,127,872 483,633 930,026 467.516 226,510 shares General $6.54 Duluth, Winnipeg & Pacific Ry. from Grubbs, Scott & Co., The cluding 100 Co., & 100 Consolidated 171, Co.—_ 4 250 From Jan. 1— May— Net net $6.59 2,846,577 income 150 150 ; 1,000 trust shares or multiples thereof may receive pro¬ parts of underlying securities representfd by trust shares provided on the fade of the certificate. All stock, securities, rights, etc., held by the trustee not disposed of withiu 90 days from date of termination will be sold by the trustee $8.79 $6,059,350 railway 'Deficit.—V. Gross Holders from 1949 __ railway oper. Applegate Co.— 2608. as 1.066,363 1,143,438 a one 150 as Net Prom Jan. 1— Net $150 portionate Net 3.269,141 income. Co Cunningham coupons, within 90 days after that date. Holders of fewer than 1,000 trust shares 1,262.552 $6,276,969 railway oper. & G. K. Inc. Securities Corp., St. cash 2,301.315 on June 21 publicly offered speculation" 50,000 shares of common stock (par cent) at $3.75 per share. "as governing this trust would terminate by its own terms 1950, and called for surrender of trust shares, w.tli receive 33,369 4,732,856 June on six General pur¬ Products, 8,279,734 $5,799,850 railway be G. 1,262,552 requirements.—V. of Mississippi Valley Trust Co., St. Louis, Mo., trustee of the Equity 8,341,375 1950 from from S. 300 in 104,603 5,753 26S 2303. corporation Shares 1,262,552 share dividend May— Net Gross The Trust - Duluth, Missabe & Iron Range Ry.- -Earnings— Gross Equity 11.117,125 „ common per 1949 $74,771,910 — and chargesoutstanding preferred to minates— Erie 1950 taxes shares Geo. 300 Bodine__ p. 104.958 5 ^3.601 publicly made on June 28 by a group headed by Merrill Lynch, Pierce, Fenner & Beane and Harriman Ripley & Co. Inc., with a concession of 80c to NASD members. The offering represents the unsub¬ scribed portion of the offering to holders of International Hydro Electric System 6% debentures on a basis of 39 Townsed, 171. .279,950 6,993.613 underwriters amounts McJunkin, Patton & Starkweather & Co 350 Co & —V. 138,618 Suplee, Yeatman & Co., Inc., Chaplin 300 & Co.—Earnings— Year Ended March 31— Common & 265,452 income— covering Fauset, Steele & Co.—150 1,000 Co Haven principal Kay, Richards & Co.— & Lynch MacGregor, Inc. & several principal Omitted)— 2,450 Inc.— Crouter and Duke Power Net (Inc.) Leonard & Thomas De stock common below. Corp— $2,550 Co. Company, Masten E. be to plant located at Nappan, N. S„ and for other corporate purposes. Acquisition of these plants v/ill facilitate the coordination of operations of the company's salt division, will provide productive facilities in bring forth 2,450 Moore, $931,352 260,082 942. The issue new to acquire the fixed assets and inventories of a salt plant located Goderich, Ontario, and the fixed assets and inventories of a salt at & the Webster Securities & Glover A. and financing of respective Corp. bonds 2.000,000 shs. outstanding other than names the set are 1947 1948 $1,252,252 562,547 shares for each debenture. and Boston Hall & Stroud The 3,000,00p 2,650,030 shs. —(000s Inc. gage each 1949 $1,245,249 _ p. $15.37 V2 to 3,000,000 securities no debentures Ry.—Earnings— 81,626,253 railway—— Gatineau by Equitable. the of Denver City railway oper. fering 17,500,000 in value) par UNDERWRITERS—The Dominion & Founders Mutual Depositor Corp., Denver, Colo.—Reg¬ With Securities and Exchange Commission— $13,580,000 NOTE—Pittsburgh & West Virginia Gas Co. and Kentucky West Vir¬ Domestice as 1,830,361 isters p. indenture. by 3,414,179 2,125,406 1950 171, SEC Outstanding $17,500,000 inclusive 1959, stack 3,924,455 1,683,865 p. railway from railway ry. oper. income—1 Net MCF. $22,962,290 1950 ' ... loans, due installments March 1, 1951 annual out¬ and 1. 3,758,930 2,176,917 2303, 171, * Jan, 1, 1970 installment bank 2603. p. due March 2.80% ginia formerly was of additional into corporation 171, First 20-year 3%% Finance MAY Authorized Series 171, p. 2302. Domestic CAPITALIZATION AS OF 5,803,693 3,166,147 3,974.033 income.. from The railway railway 13,484,936 From Jan. 1— From Jan. 1—• Net 14,911,402 gas $3,813,966. was 14,133,766 Worth ry. business 123,568 13,733.410 from Net gas 134,420 oper. from of the "31,872 May— —V. sales of the net from ry. Net business gas for 219,794 income.. "Deficit.—V. debentures natural city the the natural prices 251,643 oper. Net Equi¬ accrue. 1947 $2,221,467 325,749 railway from beginning March 1, 1950, to 100.30 1, 1969. months 12 beginning engaged EARNINGS—For $1,646,781 ry. a sale current 1948 $2,386,135 263,253 railway From Jan. 1— portion of an Philadelphia Co. represent previously from Net Gross Net but Kentucky. income, oper. __ issue new 1J49 $2,027,830 440.071 railway railway—.,— from Inc.. Co. 1950 Net subsidiary of Philadelphia Co. prior to March 31. Equitable Gas common stock were sold sinking months Pennsylvania 1949 & Ry.—Earnings— $2,215,421 from Gross and 12 engaged railway- from ry. in RR.—Earnings 1950 Florida East Coast May— Gross 2,000,000 shares of from range a proceeds a Stuart public. General 4.435,725' was Halsey, were Co., Merrill Lynch, Pierce. Fenner & Beane (jointly), 103.591 and Harriman Ripley & Co.. & debentures the COMPANY—Is May— Gross when the of Co. Gas 1950, 2,669,285 Detroit Toledo & Ironton Net all table 2302. p. debentures not are $17,500,000 which 21.801,687 4,817,545 2,517,082 of issue 1947 1949 $5,162,392 808,096 27,616,134 - securities The 23,610,279 oper. the White, Weld & Co. Inc., 103.0253. to railway. for and Prom Jan. 1— Gross bids Kidder, Peabody 103.76; 203. Rio Grande Western Denver & Gross share common per preferred dividends.—V. 170. p 'After Corp. and associates. The debentures were awarded to group of competitive sale on June 28 on a bid of 104.039 and are being reoffered at 104.53 and accrued interest to yield approximately 3.07%. the 1950 $2,624,310 -Quarter Ended March 31— Monday, July 3, 1950 ... in 1950 1948 t$597.678 for and taxes and $330,000 *$570,520 contingencies, in 1949 arising -tlncludes etc. non-recurring profit mortgages purchased for resale.—V. 170, p; 304. of 440. Telephone Co., Florala, General Telephone Ala —Files With S^C June 29 filed letter of notification with the SEC covering 1.200 shares of 4%, cumulative preferred stock at-:psr ($25 per share). The proceeds will be used to extend1 and modernize!fthe lines, plant and other, .telephone facilities. No company on untbHwvritmg Involved. "'.The proposed offering '.Btock_u.uJLL-not .be contingent 1933.; 'July V. upon 5. made to effective 1950, 171, p. 2609. of will 'be Corp.—Offering Postponed— rights holders to subscribe of registration the record record to on under date for holders June the the 27, of common 1950, Securities proposed and Act offer . of Volume 172 Number 4921 Gross revenue Operating of Amort, sition 2,956.623 625,250 taxes income J 81,014,772 814,602,530 910,215_ $1,072,672 after income 1,800.000 5,741,144 4,364,903 811,749,074 | taxes income Gross Net 1,800,000 j 6,607,746 (6,248,160 150,000 150,000 adjustments General Federal _956,20_7_ taxes, interest tax Divs. reduction 735,322 702,247 10,740,468 8,079,840 stock 223.006 223,006 2,676,064 2.676,064 8512,316 pfd. on 8479,241 $8,064,404 $5,403,776 The cumulative share for share, tion at $5.25 Middle dividends —V. 171, 2511. p. Net from Net ry. from Net from Net ry. —V. 8658,427 $767,462 71,959 158,305 88,205 6% cum. 49,453 133,982 75,063 6% noncuin. 3,360,586 3.415,945 3,523,852 422,291 604,129 363,075 477,053 330,831 475,371 213,040 * stock shares Gross from Net ry. 8569,393 8603,262 8606,564 8538,029 212,318 174,694 163,536 149,447 57,240 railway from Net 50,426 56,266 55,698 railway income oper. 1947 6% Net loss * AND EARNINGS Fiscal Year Ended from Net from Net ry. —V. 1,107,519 253.374 railway s March Ended sales Net 235,164 248,163 *15,943 219,925 158,163 *943 issued of the the of close earnings out that 130,608 shares additional an after The ;—______ pointed President, fiscal would year, computed if be $4.97 on stock, share. company's the of per will begin operations of the plant in Rochester, N. Y., bought from Curtice Bros, about the first of the year. Pro¬ the recent stock sale will be used to build a warehouse of .it ceeds of 114.000 he feet and provide for other expansion, square said.—V. 171, Earned converted ber,—V. 171, approved an appropriation of $350,000 net ended income acquire board: John company drilling the representatives have been elected to the Olsen Bergen, who will serve as Chairman of the Executive Graham-Paige J. Joseph Committee? 153 connecting or with others, five future.—V. immediate 171, nine scheduled drillings for 2303. p. from from Net ry. taxes, for 1950, 2, quarterly a dividend of 40c per 1949 1948 the three $4,441,000 912,311 $3,922,000 940,454 429,191 521,522 492,568 19,551,000 2,958,226 1,366,948 20,213,000 2,753,710 639,213 Valley Investing Co., Inc., debentures, series C, the sition of properties.—V. 171, p. 1993. share the on Net from Net ry. —V. income Period End. May 31— 171, in May publicly offered at par proceeds to be used for acqui¬ Hudson & Manhattan Gross oper. Net and exps. Net ry. ♦Income Net from Net ry. —V. 1950—5 Mos.—1949 62,198 62,411 Net rev. Net ry. 41,969 5,641 16,860 15,252 1,436,364 1,473.798 1,276,743 480,525 306,909 410,579 220,265 83,158 130,007 151,802 Net railway income Identification of Cer¬ Group Securities, Inc.—Changes the "The they approved a proposal Agricultural Shares the Common time same 26 June on of powers to name At Stock broaden to class and on the groups first tribution dealt of June on of mortgage 6% presently 820 the July 1, in a 129,886 649,763 from bond 1950 coupon.—V. $419,629 the on represents were payment the in respect from Net ry. —V. income. oper, 171, „ The 171, p. 2304. of Amort, Los General pay taxes.. Net income int. after and ring Divs. dividends —V. 171, p. 86,705,553 1,935,427 805,380 $6,688,108 2,106,501 1,176,019 28,981,982 30,519,746 32,242,352 29,896,454 6,997,754 7,913,981 7,733,011 Com. 2,635,513 2,779,194 3,029,543 3,107,434 tEarns. 22,858,979 it 1950, 28, resolved was amend to names of the underwriters underwriter are and as the the number follows: 8,530 Co & Inc.——— Co.. & 1,842,219 1,763,126 10,154,826 9,913,538 1,156,929 1,027,350 6,638,261 6,195,236 Light United for subscription, — 8,530 — for and at $1.2 Light Co.—Stock Sold— common Railways & stock of this company recently Co. to its common stockholders share, 1,887,964 shares were subscribed (16,019 shares) were sold through ordinary per etc.—,.— interest, $417,757 171,564 49,000 40.000 4,000 „ 85,546,901 2,137,945 $4,940,886 2,318,845 525,000 443,831 outstanding both in periods.—V. 171, Co., Vernon, Calif. — 4,000 48,000 48,000 88,616 j 503,128 (757,216 430,129 8113,577 81,575,612 $1,170,406 529,675 19 filed letter a The proceeds are to be Calif. 104,471 1,320,837 981,542 5,513 5,513 66,156 66,156 the with elected of director.—V. a to buy raw materials, Net ry. Sheridan. 167, Bogan, p. — per 171', p. & Co., $7,251,940 — 1,233,643 1,179,479 $0.92 0"tstdg._— share.. com. 1950—12 Mos.—1949 $6,838,520 $25,487,690 $24,176,127 1,351,787 1,072.253 $1.12 and Federal income taxes. 3,380,253 1,179,479 $2.73 4,147,415 1,072,253 $3.31 tAfler preferred dividends. Oper. Int., profit 1950 $3,935,661 2,008,260 $1.94 ♦Includes eign — per income companies come taxes. outstanding— share. common tor— after .i" 1949 $98,953 $1,254,681 $315,386 Mr. A: $2.46 and dividends received from for¬ provision for estimated Federal in¬ dividends.—V. 170, p. 305. making Chemical Corp.—New Direc¬ -- Chemical Warner is a of The 7,518,693 3,903,529 $285,878 $251,172 $3,505,766 1,320 57 7,559 1,909 $287,198 — $251,229 $3,513,325 $2,992,068 $2,990,159 64,391 50,958 688,918 779,499 $222,807 $200,271 $2,824,407 $2,212,569 deductions,— div. Co.—Earnings— requirements for the period--- 504,067 520,784 $2,320,340 $1,691,785 2610. p. Kansas, Oklahoma & Gulf Ry.—Earnings— railway—— 1950 $336,873 railway— oper. income-— 130.234 43,554 214,943 railway--- railway—— from 1948 $445,379 1947 $411,667 185,841 97,585 205,550 74,277 2,335,707 2.327,333 2,124,102 921,1°6 376,533 1,110,975 471,072 1,064,772 1,092,809 399,921 519,699 from ry. 194) 2,056,503 May— Gross from from Net $477,743 83,123 ry. oper. income— —V. 171, p. 2305. Kauai Engineering The company on Chicago Daily News, Poor & Works, Ltd., Lihue, Hawaii—Files June 23 file't of notification » with the SEC covering 98,000 shares of common stock (par $1) to be offered through & Co. The proceeds are for working capital. Ross Corp., Culver City, Calif.—Stock Sold Privately— The director 7,451,594 14,185,225 5,562,004 2,813,402 1950—Month—1949 1950—12 Mos.—1949 '$1,113,029 $1,025,591 $13,445,406 $12,780,572 827,151 774,419 9,939,640 9,790,413 income—— 171. 605,709 " 16,812,544 -16,384,803 Balance —V. 1,173,604 3,903,262 (net) Kaye-Halbert Corp. also taxes— income stock 1947 $3,003,630 2,008,260 Rawleigh Warner, Chairman of the Board of Pure Oil Co., on June 22 elected a member of the board of directors of International Min¬ erals 31— revenues— income Net $4,983,481 investment from and tAfter preferred and oper, etc., 1948 1,595,194 851,336 From Jan. 1— Quarter Ended March 31— tEarnings ranging $3,330,307 3,384,227 revenues exps. Net Gross shares prices 2400. Period End. May Operating Net 1803. Ingersoll-Rand Co.—Earnings♦Net at 6,622.947 „ income oper. 171, Gross Paul 1949 $3,357,386 1,421,467 741,204 ~ 15,534,985 railway railway from ry. Pfd. shares income oper. Net 2643, p. 1950—3 Mos.—1949 profit $2,865,602 1,074,429 543,902 from Indianapolis Power & Light Co. (& Subs.)—Earnings— ♦Net railway— railway From Jan. 1— Gross Other Co., Inc.—New Director— Chairman Pendergast, used war. from Kansas Gas & Electric notification of capital. increase working and International Minerals & 107,916 $102,403 Net Files Exchange Commission— June on Period End. Mar. 31— Common 111,364 1886. from Gross - share shares 1950 May— 1949 - requirements common Television Mfg. been remainder channels in the over-the-counter market to $20.50 per share.—V. 171, p. 2609. Kansas City Southern Ry.—Earnings— 1950 $41,712,212 $38,577,493 i— 7,119,346 6,356,514 481,900 15,6b7 —— $3.08 $2.94 — 2,156,406 on the brokerage from $29.12y2 Net 1950—12 Mos.—1949 1950—Month—1949 after pfd. — March 2512. p. by Net 563,634 non-recur¬ income Barney 23,710,373 after E. has 1,342,711 on Net on purchased by each Collings 4,124,406 taxes, Fed. tax reduc.. pfd. stock.— to be Net Ralph 8132,667 ... any July 27, 1950, to consider the proposed amendment. The does not presently plan to issue any additional shares of 171, 4,554,121 Indiana Limestone $5,861,701 taxes— income Gross C. C. oper. indebtedness Inc. plant income Federal with issue can incorporation by increasing the authorized common stock to call a special meeting of the shareholders to Of April 30— per Angeles, 85,883,163 acqui¬ adjustments— sition 1947, 1, Nov. company it stock. offered 1947 188,312 expenses depreciation. Smith, $ corporation 1948 8485.343 revenue..— for Prov*. stock, on shares 105,585,836 Gulf Power Co- -Earnings— Operating of as ". ore ■ preferred Kansas City Power & the 1,904,003 shares of 1950—5 Mos.—1949 covering 75,000 shares of capital stock (par $1) to be offered at per share through Morgan & Co. and Pacific Co. of California, —V. Gross of UNDERWRITERS—The $ ♦After charges Period End. May 31— Insur-u authorized directors common 104,090,546 With Securities and 1949 2304. p. bonds.—V. 1950—Month—1949 __ Imperial 6,690,102 __ railway.... of board $ dividend Revenues railway.. lrom Net 22, RR.—Earnings— 171. p. 4. From Jan. 1— Gross of June as must amend its cer¬ tificate of incorporation, with the approval of the holders of a majority of its common stock, so as to set forth the designations, preferences, qualifications, privileges, limitations and other special rights of the preferred and common stock. Such an amendment is not presently contemplated by the company, tlAt a meeting of the —V. 560,422 ... income. oper. dated note agreement Life Mutual $200,186 1886. 1,390,337 railway- railway from ry. dated presently 20,952,444 ry. None 241,747 shs. $900,000 Co., and $562,500 due o * $-00 000 note issued under note dated as of April 1, 1949, with the same Insurance com¬ Penn its of 650,740 $33,809 adjustment income on 31- revenues profit 1950 Net The aggregating t$850,000 tissued under pany. 15,000 shs. 250,000 shs. — notes 1,412,500 430,000 151,415 , . maturity date is J my 2 o, 1950 and the latest is due on *1 000.oqq r.0te issued under note as of Oct. 1, 1946, with The Penn Mutual Life earliest 1950. held 2400. p. ♦Based $4 1, 1958, which quoted ex a dis¬ New York Curb Exchange basis, " Net the 21, 1959 $10) these of be SEC Gulf Mobile & Ohio RR.—Earnings— Gross $1,200,000 1,412,500 500,000 158,750 __ $100) (par (par four 46,186 $230,134 130,164 income— oper. 171, ♦Earnings p. RR.—Interest Coupon— ex-coupon an distribution May—: stock stock are $450,554 9,242 $96,077 identi¬ gold bonds, series A due Jan. on $1,000 per This 28. Net as Guantanamo & Western The are Outstanding 500,000 shares and Illinois Power Co.—Earnings— changing of Group Securities." change of name only by Fund approved "funds" rather than classes. These changes, according to the Group management, will distinguish between the five cross-sectional funds, including The Common Stock Fund, and the 17 industry classes of the Group structure.—V. 171, p. 695. four fying 1950; 21,843,765 from Preferred tain Groups— its ^Preferred revenues.. Year Ended shareholders 1950 31, $2,000,000 _— 1961 1, to 4,710 interest income —V. 2304. investment of Railway oper. Operating The For 363,630 income oper. the the year 1950, 31, March MARCH OF Nov. $404,368 *» 39,880 1,494,179 AS 1, 1959 1st mtges. due 1955 and 4'/2%-5% Sept. due $86,835 $28,949 Period End. May 94,462 railway.. note $3,830,746 3,426,378 $101,215 - charges ♦Exclusive $257,797 171, p. t31/4% $4,071,311 3,869,558 $201,753 28,381 deficit- Net $288,583 oper. notes due Oct. company $276,242 from t3% $765,836 679,001 income.,- income.. Gross $307,636 From Jan. 1— Gross ended income of $363,398. Authorized $96,505 taxes- income Non-operating railway.. from months three to banks unsecured notes 796,786 $893,291 1947 1948 the *2% agreement RR.—Earnings— 1950—Month—1949 31— revenue Illinois Central 1949 structures. CAPITALIZATION —V. 1950 electric voltage steel agreement 1950—5 Mos.—1949 $2,105,577 $11,295,489 $11,696,405 L 1993. p. Period End. May railway from Pennsylvania. Is engaged in the circuit breakers and switchboards distribution and electric power plants, power switching equipment for outdoor in 1891 in indoor air power reported consolidated net income was $1,117,460. net 1949 ♦There 1950—Month—1949 $2,206,181 —V. Bay & Western RR.- -Earnings- Green high and of electric EARNINGS—For Insurance 2100. May— Gross 3,025,073 of circuit sale and industrial for of railway oper. 171, p. COMPANY—Organized manufacture flCommon Stores Corp.—May Sales Increased 4.8%— Howard 18,225,000 3,927,322 1,801.603 income railway from holders. stock of the company was paid to stockholders This compares with the 30c quarterly divi¬ From Jan. 1— Gross Offered— present stockholders of the company. Proceeds from the sale of these shares will revert to those selling stock¬ 1950. Services, Inc.—Debentures Offered— Household 1947 815,774 170, p. 2584. publicly offered 17,060 shares of common stock certificate $4,153,000 1950 were $200,908,717 than 85,000 shareholders, H. K. of June 26, more have Operating 22,023,000 5,049,215 railway railway oper. which Oper. 1,625,722 1,046,953 1950 $5,342,000 May— Net income Federal currently owned by being offered were acquired by the bankers from certain company common May $200,000,000— corporation as this . Grand Trunk Western RR.- -Earnings— Gross before recently been paid. During the last quarter the company prepaid the sum of $600,000 on its unsecured notes payable, and at May 31, 1950, the balance outstanding was $1,200,000. The next instalment thereon of $600,000 will be due June 1, 1952.—V. 171, p. 1358. Frazer, and Irving Mitchell Felt. The Olsen producing oil and/or gas wells and is now W. has now income, Sales transaction. 8.1,000,000 a Three dends Oil Olsen remainder the involve of the outsanding 88,000 shares of Co. of Oklahoma City has been exer¬ firm, which has until May 15, 1951, to of the stock. The entire deal, it was said, will R. were 31, 1950, amounted to $1,585,200 and, after Federal income taxes of $600,000, the estimated net 26, May record Graham-Paige the dividend) 50% purchase of stock by ($4.50 A $985,200. was Mohawk to option cised series stock, stock. $7,000 of 5% Graham-Paige Motors Corp.—Exercises Option— An capital 804,204 $1.32 — May for provision 1048. p. preferred common With SEC— (par $10) at $25 per share. The offering does not repre¬ sent new financing on behalf of the company. The shares and of to expand and improve the company's Beecher Street plant in Adrian, Mich., James Gerity, Jr., President announced on June 26. These improved facilities will help to increase the company's profit margins, and will substantially increase production volume, he added. Construction is scheduled to begin immediately, Mr. Gerity said, and the additions will be ready for occupancy by the end of Octo¬ have 827,764 $1.88 — second into Estimated months On directors $1,285,000 219,340 first six months of the current fiscal year 7,068 shares cumulative of 790,000 $1,768,300 *211,388 outstanding at May 31— share on common stock per 2,075,000 1,085,000 ; *During the 523,233 Circuit Breaker Co.—Common Stock June 26 1949 2,853,300 income on shares Common outstanding Gerity-Michigan Corp.—To Improve Plant— The taxes income dividends Preferred 1667. p. 1950 $12,479,600 $11,028,600 _ Federal on income Net company which before taxes 674,513 763,031 Smith, Barney & Co. and C. C. Collings & Co., Inc., on Co.—Earnings Higher— — income Federal 520,000 shares outstanding. on Gerber, basis taxes sales shares with I-T-E Six Months Ended May 31— Net $42,235,693 839,036,063 3,309,423 2,750,381 $6.24 $5.16 —r—„—_ earnings after income ♦Earnings per share the Hooker Electrochemical 901,040 131,631 Bradford, President, announced on June 27.—V. 171, p. 2609. 1949 1950 — ♦Based 262,779 . 31— Net Dan 240,736 v Earnings Higher— Gerber Products Co.—Sales and Year 2,638.785 711.379 Net 2303. p. 833,982 288,081 income oper. 171, 3,101,978 3,180,792 969,974 3,110,691 railway 161,657 57,730 2305. p. assets of Net From Jan. 1— Gross 85,296 171, 1947 $8,244,184 171,351 profit.—V. 1950—5 Mos.—1949 $5,914,799 $5,448,628 1,264,059 957,919 fixed for Net Assets Over 1948 $8,722,415 taxes inadvisable filed a registration statement with the SEC covering 1,000,000 shares of its capital stock. $6,601,012 — Indicates avail, proposal to distribute a be This company on June 28 171,351 inc. Trust America—Earnings—• Investors Mutual, Inc.—Registers non- $3,855,477 before opers._ ry. income —V. 1949 sales Loss fr. charges Net April 29,'50 Net unex¬ Dividend, Etc. might it wnich securities 1950—Month—1949 $1,083,611 $1,031,941 123,616 228,830 revenues. oper. rev. 49,980 the the York New accordance with the management's readily marketable securities and to in is cash into Income 5,831 shs. convertible preferred stock. cumulative 6 Mos. End. 1948 1949 Net 54,770 of the of fill to a International Rys. of Central Outstanding *125,000 above portion of cash and sell.—V. 170, p, 2332. to 40,000 conversion for STATEMENT OF SALES 1950 The convert Railway 55,000 reserved June 2 paid on major FINANCING 5,841 shs. company Period End. May 31— 40,000 (par $5) Georgia Southern & Florida Ry.—Earnings— May— NEW TO (par $10) 40,000 Includes 2303. p. EFFECT GIVING c-icsident John E. Eierwirtn, 171, p. 104. of board, months. slaughter and sale of beef, lamb, processed form. By 1945, however, conv. stock Common 3,260,350 558,737 income and International's to special dividend of $3 per share to stockholders of record May 26. A special distribution of about $1 per share is said to be contemplated by the directors within the next two confined to pork and pork products. pref. stock (par $101 — pfd. stock (par $5) prior Preferred railway fresh in elected was resigned.—V. The in the engaged term Pottery Co. of Chicago, Chicago Co. International Mining Corp.—Liquidating stock common Authorized 154,287 railway 171, both 177,320 income oper. was- CAPITALIZATION From Jan. 1— Gross it pork, $641,058 8740,672 railway railway. oper. into It is subject to redemp¬ share, plus any accrued dividends. per 1945, and 1947 1943 1949 1950 from convertible is dilution privileges. its operations had become Earnings— May— Gross stock preferred subject to & Warner pired Co., for used The company is one of the pioneer meat packing concerns of the West. From the commencement of operations until approxi¬ mately veal, Georgia RR. be to are BUSINESS—Company, whose plant and principal offices are located 2101 20th St., Detroit, Mich., was originally founded as a partner¬ ship in lb59, and was incorporated in Michigan in October, 1880. In 1934 its corporate term was extended for an additional period of 30 years. pfd." after income Net convertible preferred stock at par net proceeds The share). per Mr. at and nonrecur. Federal ($5 Wilson Bank & Trust Co. City National and publicly offered 40,000 shares working capital. acqui¬ plant of 6% non-cumulative Co., Offered— (Mich.)—Stock Co. & The company on June 21 $5,188,551 872,146,690 866,868,203 35,906,806 2,527,572 37,238,682 6,981,448 5,974,400 540,000 85,714.760 ■- expenses for deprec. Provision 1950—12 Mos. —1949 1950—Month—1949 31— Standish Hammond Georgia Power Co .—Earnings— ' Period End. May 11 (11) The Commercial and Financial Chronicle . . . capital corporation on stock (par June 6 sold $1) at $4.25 via orivate per share sale 24,419 net to the shares of company to its a 12 (12) small very bought The the book The of value time used share of stock with was the that "it is feet plant of excess that the much higher and further cipated.—V. 171, p. 2512. which 1,000 possible of the increases Gros.s period ended $892,000 the 52.89 or consolidated half of 22 basis than Net ry, is rate for 171, Ralph about show to L. Dickey, is it for earnings President, equal $142,000 about or 46c Net ry, stated. insulation, considerably are ahead of of For on 355,047 1,239,149 income "2,204.777 "3,321,953 "3,792,100 "2.652,274 171, — ry. 17,455,309 Gross Net 1949 1947 $1,762,092 $1,307,620 565,695 769,866 446,839 254,464 278,655 330,443 164,973 7,926,104 7,689,650 8,004,655 first Net ry. 3,176,520 2,743,251 3,388,941 2.492.852 1,503,539 1,303,299 1,349,921 1.011.592 income.— period End. Operating year.—V. Oper. May 31— and exps. 171, Kelsey-Hayes Wheel Co.—Earnings— Sales 1950 their scrip before income $59,858,657 $59,182,505 5,766,069 1,455.769 2,038.260 $2,621,356 1950—Month—1949 income 618,529 taxes and 1.335,917 1,307,468 15.851,485 profit Class A - and "Earnings B shares per outstanding— share common "On combined class A —V. $4.24, and B shares under the quisition General it $5.95 —V. first due July proceeds will water and Co. Smart, used systems.—V. to 171, Reid for pay and the Ebinger, Louisville, construction of Ky. —V. 78,792,057 83.651,900 78,537.202 12,734,584 12.542,079 6,615,801 5,956,533 to covering be 600,000 offered proceeds June on at shares (10 par to are filed 19 acquire of cents and letter a of notification non-assesable share), per develop common without mining with capital Period End. June 17— the stock underwriting. The Operating Operating ended the number June of 1950, average was 17, stores in 2,133, during with compared Joint May— the 2,267 four stores Net weeks Gross from Net from Net ry. railway railway Gross Net Net ry. 1947 $466,031 250,600 243,285 244,052 152,520 186,047 Net $425,642 230,332 186.003 171, 1,112,102 1,023,534 —V. 196,757 181.129 171, 80,718 58,787 47,355 were two 1950 sales before Federal Federal, State and foreign Net income Capital —V. —— shares Earnings per 170, $657,512 —— $0.88 May— i960 from from Net ry, railway 746,371 Net 1949 1948 1947 $256,591 $276,555 Net ry. 83,958 64,184 5,629 24,400 1,437,628 1,354.555 314,749 1,209,918 271,690 424,126 424.963 84,399 56,054 124,619 its 15,875 132,800 —V. income—. of Gross from Net from Net ry. lot by Bankers date. Street, $1,263,977 51,846 principal respect $155,211 $930,478 507,213 533.973 $50,004 $423,265 $782,797 The 1947 covering $764,292 $854,128 $548,583 387,874 218.631 Net Net from railway.— from railway 324,110 344,799 195,406 176,023 ry. —V. 2,877,067 991,057 666,584 income... oper. 171, 2,957,123 be Vt.—Offering— 3,000 shares stock (no SEC not was with of preferred filed par) public a share each filed 22 and has funds No called for the 10 by offering. The bonus a capital.—V. the 460,256 577,735 460,492 780.862 for with balance redemption be made and on purchase $6,116,631 $6,632,299 $6,225,730 1,089,088 515,089 1,410.449 1 049 719 708.660 405',813 27,201,455 5,671.699 29,459,832 32,221,226 30 080 194 5,356,672 5,485,123 2,559,022 5.312^387 2.521,202 1.990,189 2,238 160 From Jan. 1— Gross Net of June on by par B. at 15 & filed Net ry. —V. income.._ oper. 171, p. 2305. 5% the of after The New quoted that (scrip after prior all 30, July 12, due-bills must Lionel Year to issued until July 1950. in 1950, be must redeemed on Merry, 1, have the 1950, 1/ 1956, sinking Trust and fund Feb. p. letter Vice of each per on of all accompanied July 14, stock be certificates Exchange by $7,416,975 preferred Space was on the 170. for shares of split two-for-one in July, 360.000 $4 41 Federal taxes capital on stock 1948.—V. 170, 26,211,865 7,026,297 7,103,837 6,695,905 5,510,074 2,686,576 2,369,453 2,410,225 1,940,695 RR.—Earnings— 1949 1948 $16,890,872 $16,029,473 3,795,678 the 1,442,201 1,750,427 1,719,278 82,908,329 85.323.504 railway.—. 79,612,142 16,869,963 17,450,305 17,557.733 income... 19,281,OH 8.288,577 8,557,669 7,829.104 9,527,893 oper. 2306. Ladder Co., Inc., be June on to 16 filed shares cents used Spokane, Wash. of letter a of common share, per buy without materials June The 26, stock common share. Files for of notification stock production mentioned we (par 10 are to proceeds cent;) be 10 (par underwriting. of the by used and the Inc., General corporation's 1,105.832 SEC to for B. offering of Cantor (hi* to CAPITALIZATION stock also V. p. income. now p. provision Operating May, $1.11 1949, due passenger to advance Convair-300 and 206. 51 448 " 205.945 $0.25 180 000 $'3 26 tBased outstanding 1599. $53,909 . $109,869 $90,562 it company, was for service June 1.—V. preparations recently of its outstanding debt and working capital and drilling for in an $11,000,000 nine years, National surance anty of with began of Chase the added 4V2% has 171. and to p. took Penn repay The unsecured $2,500,000 Mutual notes Blaine TO PRESENT FINANCING Outstanding 2,000.000 shs. . 867,500 shs. 2610. p. - & income Co., Inc.—Earnings— 1950 1949 1948 $14,543,449 $14,762,904 $24,332,818 5.160,000 10.025,000 $9,458,449 $9,602,904 $14,307,818 6,502,378 6,502,378 6,502,378 $1.40 taxes $1.42 $2.15 taxes per — outstanding common class A share dividend requirements.- -V. 171, 2401. p. Montour RR.- Earnings— 1950 from from ry. 1949 $269,902 $324,125 $307,194 $321,410 63,109 102,573 117.955 127.546 55,664 78,378 86.636 92,567 896,408 1,308,546 1,114,940 1.363,272 140,317 335,332 270,314 421.003 188.418 railway 323,493 310.351 336,361 railway income... oper. 1948 1947 Gross from Net7* from Net ry, —V. railway..—, railway' income.._ oper. 171, 2306. p. ten $3,332 171, $3,500,000 company 40- 2306. held refinancing cash for arranged maturing serially New. York, the Chase of the by new Guaranty Life loan, About 3,000 shares shares being issued in (no par) to 30,000 exchange for each no 753. shares Stock— (par $1). par share.—V. 171 In¬ Guar¬ $7,500,000 Trust and 2098. "" . Co., Honolulu, was Hawaii—Secondary announced on June Registers With Securities and Exchange Commission— The SEC company covering 1980, value and $10 per outstanding rate of June on $1,000,000 100,000 The .preferred of the «i Telephone 26, has offered and sold 30,048 shares of common stock (par $10) at $11.75 per share. None of the proceeds ac¬ crue to the utility company. loan, $6,000,000. new City—Split-Up of last/ahe authorized number of shares of capital stock from Offering—Dean Witter & Co., it has Mutual 16, Mutual above the p. to Shares Corp., N. Y. March .increased was $28,567 were with completed about Guaranty Trust Co. of City, of New York and Penn National $2,500,000, loan was us6d Mutual.—V. to reported, operations. the Trust the Penn Eank Co. 2V\°ic has EFFECT cents).. May— p. taxes. which 171, Net profit Common shares On 1950—5 Mos.—1949 Middle States Petroleum Corp.—Refunding, Etc.— < ' liners, in located 108. totaling $656,591 in May, 1950, Operating expenses of $595,444 were 1949. May, S3 and Wayne From Jan. 1— $2,808,846 205,945 1950—Month—1949 $33,719 at on 5.085,000 before Income 4,126,069 229,313 200,000 $0.56 income GIVING 10 3 Months Ended April 30— Profit Net revenues below de¬ for (par Montgomery Ward $26,649,621 $3,375,507 p. well Authorized Common "After 1948 112,320 170, all 98,000 Co. drilling Montana. "Earnings 1949 $2,578,593 —_ presently & finish the Manager. 4,509,377 1.950 J are be 1950—12 Mos.—1949 $7,016,538 $27,698,629 April 30— interests the to proceeds Offering— public S. with cents) The ladders. Cherry Ridge well; ib> to drill and complete structures; and Jc.i for working capital. See With Exchange Commission— 200,000 25 issue of our County, with (par $100) Co., 1947 $17,378,015 $15,097,677 3,870,146 3,548,254 3,053,798 Montana-Canadian Oil Corp.—Stock Gross taxes and charges.—V. "After not 1943 $4.58 provision 30,362.401 1,891.497 at to V in the 2306. profit The 1949 360,000 360,000 397,939 498,517 31.115,305 6. p. with stock and President 1.330,985 Period End. May 31— "Net profit contracts due-bills; 1950.—V. 1950 share charges and year The stock that 640,822 532,320 29.137.392 Wall at 10112 171, notification 1950—3 Mos.—1949 sales "After common the common 1950; 1,071,789 79,923,334 company shares Mid-Continent Airlines, Inc.—Earnings— $15,280,777 $15,559,276 $12,167,290 1,650,322 1,588,437 1,173.929 i "com'* -—7 capital shares in be 28— Number "After 12, 1947 $5,412,847 1,633,152 income... covering are by on 16 date at of drawn Co.. redemption $40,000 ell excluding been debentures.—V. Lane, Jr., for the cumulative Common shares outstanding Earnings per common share k stock, of no June 30, 1950, payable fractional shares). settlement 1948 $6,356,694 1— 171, p. per Micromatic Hone Corp.—Earnings— Corp.—Earnings— Ended Net sales tEarnmgs for Exchange directs that dividend June be to York Stock ex-said livered made 1950, Earnings— 1949 — railway Mutual 12, RR. 1,490,310 income-— Securities and taxes 9 Months Ended The July $1,983,631 the $5,900,869 1,363,675 railway from the resale 2662. charges 171, Net Lily-Tulip Cup Corp.—75% Stock Dividend— directors have declared a 75% dividend in par value, to holders of common stock of record 266,856 $2,157,198 for $6,216,500 railway.—. Jan. ry. —V. Tile Co., Augusta, Ga.—Files a Johnson, Feb. Bankers the outstanding revenues profit "Net from, railway railway..—_ from 2,250,487 266.855 stock 2610, from Creek Aug. on due which after to respect shares of Ernest p. Operating 1947 874,368 2,424,054 152,510 pfd. income oper. Net Net 1943 $6,561,001 1,801,474 railway..._ railway income— ry, The redemption debentures, for Co. N. Period End. Mar. 31— —V. 1949 oper. 103,359 period— taxes to 1950 Net offered with subsequent involved. underwriting debentures Y„ at of 166. Net from from ry. $3,092,442 of 171, Metropolitan Edison Co. (& Subs.)—Earnings— 2,655,121 728,103 3,429,625 1,038,669 1950 Net 1,731 $3,465,748 1— from from SEC notification of "ultimate and of will 1,250 account p. 2305. Net 49,708 $195,510 MayGross Net stock May carrying working letter a executives amount Trust company and Gross 1,420 $237,633 etc.—- railway.. p. Moen and York, the offered —V. 98,067 Lehigh Valley RR.—Earnings— May— $3,090,711 railway 171, Gross From Jan. 1— Gross —V. $1,316,775 105.207 ' the par, executives." amount to ' 189,272 $3,416,040 52,798 improvements Payment New 1948 income— $878,632 common the retiring principal 1949 railway oper. $194,090 $17,428,470 2610. oper. From that of June on corporation $803,561 railway 10,315 outstanding ten-year 4\'z % 1950 ' $144,896 Merry Brothers Brick ■Lehigh & New England RR.—Earnings— 14,337,759 $233,794 railwayrailway from rv. stock. 171, p. 2305. May— Net Net at for capital junior 15,634,624 — Jan. 130.901 $61,056 sold are of $19,050,664 1,192,343 3.844 oper. Drl89,0l0 $151,569 1950—12 Mos.—1949 $1,386,433 1,212,086 taxes. after from 111.419 with common stock $40,000 same oper. ry. From Gross Drl56,589 6,000 shares working to The $231,828 51,473 1,155.702 railway railway Net 23,012 100.705 was Light Co.—Earnings— 1950—Month—1949 — applic. from Cr6,653 2401. stock & $1,445,880 from 8.679 McCo'id Corp.—To Retire Debentures— 34,058 from from $1,188,893 1950 Crl0,130 10,192 notification common From Jan. 1— Gross $1,477,473 complete 93,490 income— oper. 1,541,328 $161,761 corporation provide $0.77 • $270,536 railway $118,436 .... interest, 171, p. Net covering 1,000 shares of 6% cumulative preferred stock (par $501 and $200,000 of 7% bonds, the preferred to be sold at par and the bonds in denominations of $20 each. The proceeds will be used to Lehigh & Hudson River Ry.—Earnings— Net —V. 8,167,132 SEC credit Gross $99,778 pfd. income Net proceeds The $575,568 746,371 share 092. p. 92,455 after revenue.... income The 447,996 tax outstanding——. common 1950—5 Mos.—1949 Maxon, Inc., Detroit, Mich.—Files With SEC— 1,023,564 . income 1,281,348 92,455 income Gross $11,292,343 2098. $5,876,193 1,100,800 443,283 taxes 1,569,928 7,705 p. 1949 $6,041,738 ,, Profit to go 171, 1,030,583 recently informed shares The Net to 7,773,312 etc and of preferred p. 21— p. (par $10) letter Subs.)—Earnings— Quarters Ended March 126,141 7,705 Balance * 2305. p. Lambert Co. (& 107,483 stock— taxes, Missouri-Kansas-Texas Manor Vail Hotel, Inc., Lyndonville, 863,336 257,567 "225,615 proceeds stockholder,—V. 195,602 ... 19,179 reduct'ns revenues— oper. Gross * 1,594,696 - income We 660,252 "108,323 income— "Deficit.—V. 1948 1 railway railway oper. 1949 $459,241 from from the share 200,888 income 110,79.6, 1,01)5^875 891,402 I $11578,421 Missouri Pacific int., j l,142,9r5 $1,924,788 expenses & Other covering per 1,567,987 — income.,. Rentals, 184,633 * Oper. 2305. p. $438,578 income— oper. From Jan. 1— 111., selling $18 at $9,950,545 (Dr)„ ry. oper. income Other during RR.—Earnings— 1950 Chicago, the offered 19 $1,956,554 —_— rents be June on $1,918,943 rents fac, Gross Lake Superior & Ishpeming Co., to SEC $381,357,040 $380,963,411 operation corresponding 1949 period,—V. 171, - the 1950—Month—1949 expenses Taxes I 152,948 May- revenues Equipments 171,445 Period End. May 31— Dividends RR.—May Earnings— Period End. May 31— 1950—24 Wks.-*-1949 $62,976,429 & President, " Maine Central property. 195C—4 Wks.—1949 $65,797,835 The duPont O'Conner, with (par $1) 1994. Kroger Co.—June Sales Increased 4%— Bales A. filed was stock common 110.796 171, p. 2512. Net 2305. of 686,417 9,233 taxes..f after pfd. Operat'ng 16.086,709 7,631,163 notification 3,580,532 812,500 9,233 1,496,088 7,544,078 of $7,722,220 3,433,225 62,500 $146,105 tax income Net through Francis I. company 1,700,968 14,226,382 shares Richard Kettle River Consolidated Mines, Inc., Cowiche, Wash. The 1,569,658 76,809,586 p. letter 5,500 —Files With SEC— SEC 1947 Magnavox Co., Fort Wayne, Ind.—Files With SEC— A to 950. p. 171, $8,315,676 269,208 non-recurring on and The extensions 1948 income.— oper. 1950—12 Mos.—1949 $639,964 $147,866 dividends $1,823,077 railwayrailway.. from ry. share ac¬ Mississippi Power 1949 2.856,228 from Net on be $2,042,444 From Jan. 1— Gross full a 356,532 -V. jricSTrrer*- oper. Net Bond & Divs. 2,179.609 356,532 railway- $18,118,983 $16,106,366 $17,867,625 $16,054,542 railway——— 4,876.782 2,736,640 3,066,535 3,178.080 frc'm ry. 1, June 23 filed a letter of notification with the SEC covering 2,000 shares of 6% cumulative preferred stock (par $251 to be offered at $27.50 per share and accrued dividends, through The Bankers 2,398,976 1950 Net 2610. company 145,666 period— the for from Net Kentucky Water Service Co., Louisville, Ky.—Files— The 206,853 stk. May— Gross bonds, series C. mortgage income int. 2610. p. have to 75,000 income $3,010,829 —— 171. agent for holders who wish either to as C, 306.330 j Gross Louisville & Nashville RR.—Earnings— of $3,500,000 171. $3,162,514 act scrip 1950—Month—1949 taxes income 69,266 $214,642 will series additional $2,941,563 82,754 York certificates, purchase adjustm'ts— Federal pfd. Co.—Agent for Scrip— New $709,874 plant participating provision. The company will until 11 a.m. (CDT) on July 11 receive bids at its office, 20 North Wacker Drive, Room 2154, Chicago 6, 111., for the pur¬ from $3,079,760 136 — to 125,302 expenses of taxes applic. 273.019 97,767 deprec Net Kentucky Utilities Co.—Bids Invited— 1980.—V. $214,506 5,073 $272,439 Balance 171, p. 1358. chase $267,360 scrip revenue Amortiz. 16,286,408 (net) interest— Dividends Net 260.770 37,445 2306. to or for $19,227,971 taxes.. after 159.951 Mississippi Power Co.—Earnings— 1950—12 Mos.—1949 $18,931,245 income income 790,274 59,034 Period End. May 31— Net Gross Net 859,714 208.062 p. Provision $1,521,974 $3,677,809 618,529 —— taxes-- Federal lor 16,657 760,912 169. p. 2211. Operating $1,603,277 revenues income, 1949 4,077,125 —- „ Profit Provision oper, Other 9 Months Ended May 31— 21,653 817,123 stock Federal Net "6,095 Development capital Gross revenues 38,287 "24,967 1— Guaranty Trust Co. of the sell Louisiana Power & Light Co.—Earnings- Fiberglas, $152,422 50.659 from The of 2305. p. Jan. issued,—V. income—. oper. 171, 1947 $171,483 1,6-36 6.466,700 ' railway railway— from Net —V. 1948 $129,036 "471 income— oper. Mission 1948 $1,571,233 563,710 1950 , oper. Ry.- -Earnings— $1,559,633 1949 $140,918 railway "Deficit.—V. Arkansas Monday, July 3, 1950 . . RR.—Earnings— railway railway. from railway ry. oper. income Net 2305 p. from Gross 2512, p. Net From Jan. 1— a greater last from From . 1950 from Net "162,434 19,498,932 - about of 21% *306,556 290,315 railway—_ railway from share. per 155,599 19,461,650 from Net or 82c per share. It is May earnings before taxes were the greatest said. After taxes, May earnings alone on a about were "233,038 1,381,725 oper. month expected total earnings to that reported for the company's building products are about comparable 6 month period last year. Sales home Gross 12 532,137 Gross anti¬ are the 496,524 18 774,914 "Deficit.—V, earnings were $253,191 that Dickey basis expected 1950, be subsidiaries the the used will when Mr. consolidated of June however, years, is share, per ended last year Sales 1950. owned 846,988 railway railway-.-—. from Louisiana & wholly June. months 6 significant, in and 508,303 May— $3,791,818 from Net May— company $4,265,216 From Jan. 1— Kelley Island Lime & Transport Co.—Earnings— 'lhis 1947 $4,350,170 income— oper. 1948 $4,101,133 railway.... railway to 1951 new production ry. Midland Valley 1949 1950 from from Net recently com¬ the first month during present production Net has receivers company's important It sets. Earnings— May— Gross approximately $2.75. now announced television Long Island RR.- cor¬ capital. fnancing might be undertaken development of the business." and in said 8, business working is the degree doing additional square produced major for stock June manufactures Kaye Mr. In persons be on growth 20,000 new operation design. each that time to further its and to are President, corporation pleted individuals. proceeds Kaye, facilitate of management The Harry from number by poration. of The Commercial and Financial Chronicle filed 27 first shares C share. stock is common purchase to first be stock are to a registration statement with mortgage series at be bonds, series G, due July (cumulative) preferred stock, offered S10 per supplied for share. by subscription The by record amendment. the 15 par holders date and Unsubscribed Number 4921 Volume 172 of shares the stock preferred . . will The Commercial and Financial Chronicle . offered be to company employees, and directors. excluding olficers & Co. is named as the principal underwriter. The other terms of the offering, including the underwriting terms are to be supplied by amendment. The net proceeds to be received by the company from the sale of the securities offered hereby will be used by the nonj^any for the construction, completion and extension of its facilities and service. The company's construction program for the year 1950 anticipates gross additions to plant in the amount of approximately $4,411,200. The company's operating revenues were $7,479,945 for the year ended Dec. 31, 1949, and $2,611,270 for the four months ended April 30, 1950. Net income lor the respective periods was $829,575 and $253,550. This company, incorporated in Hawaii in 1883, provides the only telephone service on the Hawaiian Islands, servicing all the six principal islands of Oahu, Hawaii, Maui, Kauai, Molokai and Lanai and prov.aes radiotelepnone service between the islands. It aiso connects with the American Telephone and Telegraph system by radio-telephone. At the end of April, 1950, approximately 93% of the company's telephones were of the dial type.—V. 170, p. 400. Kidder, Peabody Central The V. 171, The 1949 1948 1947 $2,702,558 $2,876,493 $2,610,397 455,349 202,894 518,989 240,064 447,520 195,906 13,769^6r^4-3J23,105 14,75^3,311 3,.118,073 railway 2^573^87 2^9,690 1,571,413 1 1,338,318 1,077,580 12,793,970 2,186,125 862,526 railway 683,133 ry._oper^ income.— Net 336,191 Illinois from the by for from Net ry. —V. railway— income... oper. 2306. 171, p. the June on corporation "Nesco" action was approved 27 a to proposal Inc. lor many years as and other products. the change Nesco, to has appeared electric roasters company's The Net ry. approved the of 83% by a Jan. sales from —V. 171, has 1949 $90,127 35,666 20,444 5,503 9,144 5,978 21,831 5,503 403,601 151,238 50,270 38,084 alter 303,704 361,73d 473,832 outstanding—368,635 common share $1.29 taxes Gas Operating revenues 125,944 Co.—Earnings— _1 profit __ shares tEarnings per outstanding share common $2.99 —. SC.84 —... announced It will to enter capital stock. its It its stated was paid-in it into tAfter preferred is capitalized contract a financing at as $2,000,000 $168,750 of common units of 75 with the underwriting an company firm V business that capital the and will company surplus would start to amount within be few a in least at . . : . : as soon as Privately—The corporation Nesco, Inc.—Loans Placed has obtained long-term loarjs totaling $2,500,000 from Pru¬ Illi¬ dential Life Insurance Co. of America, Continental Bank & Trust Co., of Milwaukee, Chicago, 111., and First Wis., Arthur Keating, President of Nesco, announced on June 29. The insur¬ nois National Wisconsin Bank loan matures June ture June 1, 1965, and the bank loans ma¬ 1, 1959, he said. ly Placed ; ($1 Mutal loan Life Insurance Co. New of York for $275,000 a on 12-room is the loan parochial end of will school underway now the of November, us^d to construct and six Months Ended April 30— Net profit after Common shares outstanding Earnings per common share 171, p. 106. ' "I Name Adopted— Hampshire Gas & New Co. above.—V. 171, p. 2512. by completed Electric Co. & corporation Hampshire Gas & Electric Co.—Name Changed— New Announcement this made was June on 28 of the change and affect will not The its operations in any Net Co.—V. 171, before Profit before Federal Net years taxes ' Co. stock common are outstanding. now finance to Sales —V. Earnings —V. 1948 $1,188,538 429,418 Net charges— tax 1949 1948 335,866 $2,719,763 84,522 127,600 32,119 $3,778,477 812,650 308,800 profit "Earnings "After per $52,403 621,359 $208,266 : __ shares Common — — 621,359 outstanding share common $0.02 $0.27 — dividend requirements.—V. preferred in 429,498 The the Net from Net ry. 170, p. full Gross from Net from Net ry. * production 1948 1947 $775,039 $692,494 103,947 146,700 45,578 41,683 147,298 53,451 560. c'1' p. since on June at 1886, 26 • ■ - "59,562 34,444 3,636.973 3,616.823 3,720,619 3,502,386 672,570 railway.... 746,535 733,348 561,783 236,727 249,060 250,294 105,861 railway income... Deficit.—V. new production of 9,000 tons (Ore.) filed 19 shares sales of a letter of notification with,, the capital stock to be offered at for working capital. No under¬ common are "After (est.) 107,810 provision Appliance 170, • $22,045,186 $21,299,106 439,276 328,873 105,581 for income tax.—V. Co. & 1950—6 Mos.—1949 1950—3 Mos.—1949 $11,717,046 $11,660,979 — profit Roberts-Gordon the Growers, 1302. p. Corp. Stock Offered— — and Vietor, Common Dann & Co. on publicly offered 23,000 shares of common stock (par $1) at $6 per share. June 19 the to the the of treasury proceeds, will $51,187.50 for company the be used amount same reimburse was used to which purchase company 171, p. 2200. shares of The class of are be to 4% stock common , used in to bonds par i$30 construct the ousts?-of for at and 100, sharei. new building and 500 for company Jan. 1, Tax 1959, it has operated as a non-exempt cooperative with restricted to agricultural producers as defined in Income Regulations 103. Membership is represented by one share of class A membership stock.—V. common 171, p. 2513. also has SEC common stock common 050,000; South issued 4,000 (par $1001 shares of for $400,000; Penn order authorizing this company to purchase stocks of its subsidiaries, as follows: 10,500 shares an Power Co. GIVING EFFECT PRESENT TO FINANCING of Northern Virginia Power Co. for $1,stock (par $100) of Potomac Light & Outstanding 350,000 shs. $1)__ unissued but offered—see under COMPANY—Is 220,000shs. heating space large a 9,750 including conversion of addition In (not shares above). maufacturer homes. of stock common "Proceeds" the to burners gas manufacture and for sale, of these burners under the well-known trade name GORDON "Spreader Flame" the company has recently broadened its line of products to include dual fuel gas oil burners, gas-fired boilers, gas-fired gravity gas-fired winter air-conditioning units, gas-fired unit heaters burners, Potomac Edison Co.—To Increase Investments— (par Giving effect to. exchange on Feb. 4, 1950, of 8,270 shares of com¬ mon stock, par $5, for 206,750 shares of new common stock, par $1, on a 25-for-l basis, and the sale by the company of 13,250 shares of and The stock Common authorized sold a total of $218,000 of 4% debenture original authorization of $500,000. is a farmers* marketing and supply cooperative. company an to CAPITALIZATION Authorized principally per a working capital. Debentures capital. 1949, 9,750 shares of the issued and outstanding stock of the from stockholders at $5.25 per share. *The balance will be ... Oregon, debenture at — ■: . publiely offered $282,000 A proceeds June Inc. industrial The and commercial forced or natural draft gas burners. recently purchased a modern plant on Central Ave¬ Buffalo, N. Y., and has completed moving all its machinery and production facilities from its old plant. This step has more than nue company in doubled the space available for production.—V. 171, p. 2514. common and 58,000 shares of capital stock (no pari of for $290,000. Except for $50,000 to be applied by South Penn to the payment of an open account indebtedness to tne parent, the proceeds of the stock sales will be applied by the subsid¬ iaries to their respective construction programs.—V. 171, p. 754. 171, p. Potomac Electric Power Rochester Gas & Electric Corp.—Bds. Placed The in Prviately has placed privately with an institutional investor first mortgage 2%% bonds due 1980, it was announced company $12,000,000 of Period End. Apr. 30— Gross "Net 2307. May.—V. 171, Rochester 1950—Month—1949 1950—4 Mos.—1949 $3,045,398 $2,862,525 $12,582,822 $11,972,219 revenues income Co.—Earnings— - ... 380,690 charges and taxes.—V. 362,147 171, p. 2404. p. 1,736,361 1,627,567 the 421,145 shares of common stock (no par) stockholders of record May 29 on a one-for-six basis at $20.it21/2 per share, with rights expiring on June 19, a total of 66,497 shares re¬ mained unsubscribed. Of the 354,648 shares subscribed for, the group of underwriters headed jointly by Central Republic Co. (Inc.), Blyth & Co., Inc. and Merrill Lynch, Pierce, Fenner & Beane, acquired 84,760 shares through the exercise for warrants and 4,444 shares in stabilization. Prior to the expiratibn of the warrants the underwriters recently offered to common 126,395 shares at prices ranging from $21 to $21.37 V2, less 40 cents and 50 cents discounts. 862 The balance of 24,- shares, plu& the 4,444 shares acquired in stabilizing, were quickly placed on June 21 at $21 per share, less a discount of 50 cents. (See offering details in V. 171, 2402).—V. 171, p. 2611. This Agency— has appointed Albert Frank-Guenther Law, Inc., for advertising and promotion of its freight cars, for the milk can« washing equipment of its Rice & Adams Division and for the milk can and allied product advertising of its Solar-Sturges Division.— V. 171, p. 1996. company each B.) Prophet Co. — Net will accrue COMPANY—Organized business pany and At of industrial in June 26 (par $1) sold for proceeds to the company. Michigan catering. The shares then held. The subscription price and underwriting The First Boston Corporation to he supplied by amendment. the principal underwriter. are named is as proceeds of the stock sale will be added to general funds of the and company construction Rochester used and Trust Y.—V. 171, p. for general corporate retirement of Co. and purposes, $700,000 demand Security Trust Co. of including property held by Lincoln notes Rochester, Rochester, 2404. Common Stock Offered— Smith, Hague & Co. and Straus & Blosser on publicly offered 40,000 shares of common stock at $10.37Vi per share. These shares are being the account of a selling shareholder, and no from the sale Registers With on June 29 filed a registration statement with the 125,000 shares of its common stock ($10 par). to be offered for subscription by holders of outstanding of record on July 18, 1950 at the rate of one new share for four terms is N. (Fred — •SEC covering The stock Steel Car Co., Inc.—Advertising Telephone Corp. The corporation common Pressed (N. Y.) Securities and Exchange Commission— 2403. Northern Indiana Public Service Co.—Stock Subscrip¬ p. June on 13,547 Rice-Stix, Inc., St. Louis, Moi—Earnings— • Springfield, 111., which has will be permanently closed day.—V. per Grain : in investment, "After sold $2.14 2403. p. 1— oper. tions—Of covering Doolittle that announced day supplied by this mine will be transferred to mine No. 17 at Pana, 111., which will shortly per corporation Pawer Co. 1949 income 4,502,586 $1.69 171, 4,496,692 4,502,586 Airlines, Inc., Pinehurst, N. C.—Files With SEC corporation PROCEEDS—Of tons company's additional 109. $696,899 railway—... oper. From Jan. 460,858 4,498,707 Period End. May 31— 30. Pendleton $0.74 $781,465 railway. $1.72 621,359 1950 from 429,498 $1.65 Net Peabody, Jr., President, worked out mine No. 57 3,000 reach $503,850 Ry.—Earnings— May— 429,498 $1.67 110. continuous June on of Gross 447,800 - Since .! Norfolk Southern 10,111,508 8,065,668 460,634 _ per.share). The proceeds writing involved.—V. 170, p. 2066. $740,738 Peabody Coal Co.—Transfer Coal Operations— This 1950 __ provision.. taxes— paid paid $1 par Pathe Industries, Inc.—Sells Control of Van Sweringen bonds $3,591,041 after 433,300 $707,495 share common p. operating Three Months Ended March 31— Federal income outstanding "Earnings per common share "After preferred dividends.—V. SEC 1949 Corp—See latter corporation below.—V. 171, local Newport Industries, Inc.—Earnings— Net foreign shares "Net The 1995. sales dividends dividends The $716,075 per 170, In Net and added 1950—Month—1949 1950—5 Mos.—1949 $10,978,345 $10,470,176 $46,745,172 $47,135,627 ; __ 171, p. was $1,140,795 Capital shares outstanding. 171, Newberry Co.—May Sales Increased 4.9%— Period End. May 31— Federal ,1 See also V. 171, p. 2611. ago. 1950 taxes Offered— (J. J.) this the name of The business g 148,175,000 13,254,668 16,897,508 5,189,000 6,786,000 taxes income Common , the letter's expansion program.—V. 2402. P. change Corp. 1949 135,947,882 __ profit Preferred $1,145,493 : profit beer, has applied to the New York P. S. Commission for authority to issue and sell $85,000,000 of its common stock at par on Sept. 30, 1950, to its parent, American Telephone & Telegraph Co., which presently owns all of the 5,213,000 shares of New York Tele¬ company The proceeds for Net Rust-Proof Co.—Earnings— company's New York Telephone Co.—To Issue Stock— phone to Distillers partnership formed 110 Stuyvesant The — Resort 7. p. Adopted— 2611. p. 1950 g sales way. orginally organized in October, 1900, as the Rockingham County Light & Power Co. In 1902, it acquired the Portsmouth Gas, Electric Light & Power Co., originally organized in 1888, and subsequently several smaller outlying utilities. In 1924, its name was changed to Portsmouth Power Co. and in 1927 to New Hampshire Gas & Electric Co. In 1945, the company absorbed the Derry Electric Co. and the Lamprey River Improvement Co., affiliated units in the New England Gas and Electric Association which i%J,he owner of the New Hampshire Electric voted 26 Tilford & Six Months Ended March 31— was company June on Park to a Parker company engaged only in the production and distribution of electric the sales and servicing of accessory electric appliances. is pany energy It originally in the corporate to New Hampshire Electric Company . The change has been made in recognition of the fact that the com¬ of name 171, Tilford, Inc.—Change in Name Ratified— stockholders The Inc., below.—V. (& Subs.)—Earnings— . Common Park below. Tilford, & 200,000 $3.02 $2.34 ■ Profit 1950. Tilford Distillers Corp.—Name & Park See Electric Co.—New Name— New Hampshire See Park Enameling & Stamping National 200,000 ; Fiscal Year Ended March 31— Prov. New See $7,413,911 $11,779,374 $494,731' $633,538 taxes —V. a new Construction 1949 1950 sales Net equip adjoining the parish church. building is scheduled to be the and corporation on June 19 filed a letter of notification with the covering 200,000 shares of common stock to be offered art par share) through Gerald B. James, Reno, Nev. The proceeds be used for equipment, installations, manufacturing and reserve. Remington Rand, Inc. be May 15 share of stock one per will agents in the transaction. Proceeds which were offered publicly on principal amount of notes and Reliance Electric & Engineering Go.—Earnings- first mortgage bonds, it was announced on June Ketcham and Nongard, of Chicago, Illinois, were the 27. cents) (par 5 This, $1,000,000. months. Arrangements have been made with The — . Kinnard & Otis have completed the promissory notes due 1659 and 225,000 shares Gearhart, 5% cents 2403. p. Refrigeration, Inc., Reno, Nev.—Files With SEC— 8. p. stock 171, Corp.—Offering Completed— The 5 SEC - that of stock at the rate of 33 common of debentures.—V. $1,000 per unit. The proceeds will be used to acquire the Television Picture Tube Division of the Remington Rand Laboratory of Advanced Research at Norwalk, Conn. See also V. 171, pp. 2101 and 1996. sell to . each $1 general insur¬ a and for announced of in /. estimated, was be of convertible into are common It May 18 that this .company had received author¬ on with its organization and company. of sale $4.36 Financing- to proceed With SEC— 26 Reeves Soundcraft at was June on $7,000,000 1950-1952. years shares 1948 $3.39 "After charges and Federal and State income taxes. dividends.—V. 171, p. 1050. Plans company covering The debentures 1949 $20,235,231 $20,398,048 $18,778,801 $3,719,155 $4,165,391 $4,035,549 1,102,684 1,102,684 827,013 —_ $204,188 $0.80 171, p. 2403, filed a registration statement with the convertible debentures due 1960 and 100,000 shares of cumulative preferred stock, $100 par. Both issues are to be offered for sale at competitive bidding. Net proceeds of the sale of the securities will be applied toward the company's construction program, estimated at $53,100,000 for SEC 40,291 1950 .. 255,283 shares presently outstanding.—V. Public Service Co. of Colorado—Registers 347,194 171,178 Year Ended April 30— $1.45 329,090 124,902 $197,431 $0.77 $371,963 $0.73 share__ per on $64,472 21,831 427,623 Oklahoma Natural $188,538 318,438 121,007 609,312 237,349 taxes__ profit "Based $80,112 ; 115,556 304,094 income $8,263,507 - taxes- come Net 1,641 income— $7,815,916 in- before "Earnings 21,536 405.236 railway oper. profit Federal 1947 1948 $85,165 railway.— .1947 1948 $8,851,510 ^ Parish of St. Dominic's, Denver, Colo.—Bonds Private-, ance Net approved pay $549,900 been will Calendar Years $3,288,144 The proposes 1949 1950 $13,313,365 $13,142,012 shares —V. " 170, (111.) 171, p. 2307. ance — Earnings per Co. EARNINGS AND 1949 Sales in Pacific States Fire & Indemnity Insurance Co. (Ore.)— stockholders.—V. Fiscal Year Ended March 31— profit Power & facilities electric: SALES Apr. 29,'50 1— from ry. ity Common purchase OF Jan. 1,'50 to * trademark on National Radiator Co.—Earnings— Net Light oper. Net it Net Interstate railway railway income— from 2512. p. to company from Gross "Net 7 stockholders of the The name this 1950 Common The of SUMMARY „ Outstanding 255,283 shs. 1,000,000shs. $1) (par Co.—Acquisition Oklahoma City-Ada-Atoka Ry.—Earnings— Net National Enameling & Stamping Co.—Changes Name— name Authorized stock See offering 1950. Federal Power Commission. Northwestern properties, subject to certain adjustments. the CAPITALIZATION AS AT JUNE 22, 1950 . Common the railway from Net V"1 to. ac¬ , May— 1^ "From Jan. Gross to July 11, up authorized 2611.. p. proposal Gross 1950 from from been , From $3,030,677 May— has Northwestern Illinois Gas & Electric Nashville, Chattanooga & St. Louis Ry.—Earnings— Net Co. & Trust subscriptions for capital stock cept in Hanover Bank 13 , rooms, in 80 industrial establishments located in Alabama, California, Georgia, Indiana, Maryland, Michigan, Missouri, New Jersey; New Mexico, New York, Ohio, Pennsylvania, West Virginia and Wisconsin. Northern Insurance Co, of New York—Secondary Of¬ fering—The First Boston Corp. and associates offered on June 29 a block of capital stock, priced at $45 per share, with a dealer concession of 50 cents per share. Net Gross (13) in 1944. Is Rome Cable Corp.—Stock Sold to The company (par $5) on June 13 offered 25,675 Employees— shares at $9.50 per share to its key employees. of common stock This stock was fully subscribed for. The proceeds are to be added tp working capital. present authorized capital stock consists of 600,00d common stock (par $5) and 69,685 shares of . 4% cumulative- The corporation's in the the com¬ engaged principal businesk of is serving of food to employees and executives in restaurants dining rooms located in industrial plants. June 1, 1950, the company was operating restaurants or dining shares of convertible preferred stock (par $30). As of May 17," 1950, (the out¬ standing voting securities of the corporation consisted of 382,300 shares of common stock, exclusive of the 25,675 shares held in the treasury and offered to employees.—V. 171, p. 2514. 14 The Commercial and Financial Chronicle (14) Royal Television & Electronics, Inc., Washington, D. The SEC corporation will used be cents 50 at to television set components. Sightmaster 1949 $4,675,139 1948 $5,659,607 529,139 418,785 360,149 156,582 $947,924 $360,149 $156,582 500,000 500,000 sales Loss expenses sale of property on $3,766,850 — — after — Securities and letter A loss —V. — shares outstanding of stock selling a (par Sightmirror Television Domestic sales sales 8,316,171 domestic stores in 46,467,043 1,961 136 The 42,413,587 at end of period— operation 7,453,649 2,070 134 Canadian stores in operation at end of period— offering of proposed stock will be not contingent made comes of letter a notification with the the for are payment of patents, and etc., working for holders of record under Securities the of letter notification presently sold shares of Act be to & to filed was Co., shares 1,500 later offered selling a York City.—V. New $1 at at $1.50 171, SEC June on 22 Frederick signed :,4 Suspended from dealings since May 27, 1950, the $1 par common capital stock was removed Jrom listing at the New York Curb Ex¬ opening change and stock its been requested Philadelphia, the surrender to Pa., receive to Point Cedar books Field Trust dividend as tion.—V. 171, p. 2201. liquidating tive on share a share for subsequently may basis, available be the for V. share, share. The proceeds are to go be made through d'Avigdor per per will 1788. p. from from Net ry. From Net from Net ry. 1949 1948 $284,071 "1,040 1947 "54,093 "12,673 "67,258 "52,445 5,314 1,393,601 raiwlay 1,433,231 1,294,613 "36,970 "359,067 1,411,461 "76,549 109,826 17,043 income— "420,141 "227,574 "358,062 "Deficit.—V. 171, 2308. p. Industries, 9 Months Ended May Profit income Provision for taxes $33 241,177 income before taxes 1949 Capital par 171, the 16,470,000 3,486,581 3,600,000 3,600,000 ; $5.67 $5.84 the company earned $1.08 per share in the third quarter of this year, company earned $2.26 per share on The corporation has 3,600.000 shares 113,419 shares held are order is the stockholders will vote 3,486,581 of in the number of shares of posal to will be be submitted issued The board for to each stock common stockholders, of Co. or one them assist to company's 31, ber also 1950, outstanding. five shares Under the pro¬ of record of as Aug. taxes income Gross 1, 1950, will be entitled 22 Aug. meeting.—V. 171, Seaboard Air Line 1950 from Net from Net ry. railway— 1949 railway income— "1,432,177 oper. 812,266 at Net $ $ 9,668,022 129,640,651 120,306,152 4,291,572 58,794,831 60,229,691 1,020,000 13,036,448 11,330,148 211,999 1,997,602 211,999 from railway from rai!way______ ry. oper. income— 2,543,989 j 12,787,646 11,037,525 10,403,660 j 13,577,373 2,302,043 2,225,260 28,900,364 int., 24,761,139 - reductions 1,259,099 1,282,442 Net 13,298,677 Co.—Earnings— reported 1950 1949 the income ryr'oper. income— 4,701,001 1,413,069 1,567,979 2,529,725 165,365,834 163,543,695 177,435,880 165,650,837 railway...... 34,058,719 23,709,411 36,571,774 38,411,270 income... 10,391,909 6,311,171 12,724,538 12,621,918 from Net —V. 171, 6,409,482 oper. 1950—Month—1949 51,297,109 43,966,860 213,300,251 36,420,854 36,227,732 Net rev. from ry. oper. Net $ $ $ —V. 171, Co,—Notes Placed Privately—This has placed privately with institutional investors $7,000,000 of ten-year 3%% subordinated notes, due June 15, 1960, and one of such investors has agreed, subject to company 1949, as Co. certain conditions, to principal amount. The from First the of 4»/2% used Corp. of acquired by reduce to receivables in acted be additional an notes normal to of and $1,000,000 of Credit E&lance loans and Gross —V. Corp. the which of the has called sinking fund, debentures fund will Payment York, Feb. made 120 for $42,000 due be trustee, Co.—Partial 171, redemption of 1, Broadway, at 1, sinking interest. N. 1950. and accrued Trust Y.—V. Co. 171, p. of New of Total Net operating loss —V. after 1948 $71,220 and $97,546 $60,059 26,062 1 545 4 441 charges B. the number He is also Equitable other of Shell Francisco, Calif., director a Effective Chicago Savings of of Gas Pacific. United States Steel, the United States and several of and has Los 30 has appointed been stock appointed is also Year Ended Dec. 31— profit, after taxes, agent, and on the etc stock & the on Trust Co 171, p. Harris Trust and York. San 849,928 on A 171, the dividend G. 2308. 26 £4,377,490 1947 £3 924 2°2 ' "■ going approved to to at the under loan optional an Bank of Kansas agreement City. The underwriters 1951, to the prepayment dated has the right 2%% notes company of have below named preferred severally stock; Co & & Co. Inc._ 2.36 Fenner & 4.40 Co Newhard, 2.36 — Paine, 2.36 Reinholdt Smith, Corp.— 4.40 Stern 4.40 Inc 1.20 Parsons For & 4.40 Brothers & Co 2.36 Webster & 4.40 Trask Tucker, 2.36 Anthony Railway Weld Wood, stock, & & 2.36 2.36 Co.__ Co 4.40 Co.— & 1891.—V. p. Mfg. Equipment Co,.,,.. & Struthers 171, V. see Securi- Corp.— White, Co 1.20 Co ties Graham, offering of common Standard Gardner & & Stone 4.40 Noyes, 1.20 Barney Spencer Inc. 1.20 Co. 2.36 4.40 2.36 Nolan Si Co Curtis Co.— Corp. Folger, 2.36 2.36 Webber, Jackson & & Boston 2.367* 4.40 Murch Cook Si Dillon First Weeks Beane Maynard H. 2.36 Sons Securities The & C. Langley & Co Lee Higginson Corp.—-— Merrill Lynch, Pierce. 1.20 Dominick & W. 2.36 Inc & Dodge & Dominick Hornblower Inc.. & Co., Percentage 9.507* 9.50 Equitable 171, Co.—To 2.36 2348. p. Market Machine— company for ment of and The the using Standard Diesel a only two It is an unit is actually suspended ting of the usual in to on the which for the has it de¬ develop¬ of process the practice Diqsel of the milling a re-conditions the working shift than machine, to and one said. announcement operation. makes engine as a the work without contour proper easily less pendulum a to and in unit approach new machine the been wheels worn locomotive operating men Machine has years. the locomotive entirely complete now are Truing machine restores from plans Wheel This lour past machine them in that announces the developed. pilot removing The possible milling the set¬ work piece, which piece on stationary made in setting The company states that months.—V. 169, p. 1492. Standard-Thomson a proposal to dissolve will remitted be this will stock above of $1.12 annually quarterly stock Aug. from 1 Co.—Stock on 2,500,000 a proposal shares to approval, the directors the common stock, and of rate Service vote per paid a re¬ dividend share on of Sept. 55 1 this the present to increase 5,000,000 also the on Split, Etc.— June on to cents per holders of 14 a for Aug. $100 per Preferred share to 85,000 shares of declared Aug. the in the began has company manufacturing Sales— promises history charge of of be to the com¬ sales, an¬ hand on the largest backlog of fixtures.—V. 171, p. 699. window net At company the name new time the offered 8,000 shares of 67* cumula¬ .share). per added the to in New company's Mexico on working funds. June 27, 1947, present and adopted its conducts wntes insurance in a and that connection limited name of car and agency fire and hold a dealers. contracts franchise The brokerage automobiles writing by automobile who used seven with amount commissions dealers is, from insurance an purchases company dealers, car insurance also earns be incorporated was manufacturer, also writing and to Spain Management Co., present two the pany are 1949. the from on June 5 publicly stock at par ($25 proceeds CAPITALIZATION GIVING EFFECT which are com¬ business, financed, casualty insurance insurance. such TO PRESENT and Common stock preferred 8,000 shs. (par S25)__ corporation whole or any may, part 4.60% and unpaid stock also redeemable per of is share up shares of to a 2,395 shs. at its option, on any dividend date, redeem of the preferred stock at $26 per share plus dividends sum Outstanding 8,000 shs. 8,000 shs. stock $100) (par accrued at the rate of .085 FINANCING Authorized cumulative 15.— Offering to new line as Underwritten—The " company- is its common stock rights to sub¬ cumulative preferred stock (par $100) in year President stock. was record Stock Vice Record hardware window other any Zarbock, said it company 4, The — five to June 22. on since preferred under an stock increased common the shares. voted provided share than year Zarbock The 2515. Stockholders four State Securities, Inc., Santa Fe, N. M.—Stock Offered— 6% payable be can Corp.—Expects corporation's Lawrence The market price (about $7.37'/2 per selling stockholder.—V. 166, p. 1828. a deliveries this stockholders. stockholders this of nounced at the to offering to holders of scribe prepaid under & Co., Brown greater Co., Ltd., Toronto, Canada- assets checks Spencer Chemical Co. 1948 old Fitch Clark, the Common of Becker Blyth Alex. Mr. Public with $2.20 p. 29, Insur¬ 1, Aug. the Stanley Morgan orders York City, split-up new July Prudential $1.59 on June 26 filed a letter of notification with the SEC shares of common slock to be sold through Craigmyle, common to regular the The right until Percentage 849,928 $1.00 1196. Francisco Ltd.—Earnings- £4,828,919 its thai stockholders compared of V. New 1940 381.* Bank registrar. listed Angeles Stock Exchanges.'—V. p. common , transfer Shell Transport & Trading Co., 169, its May on Southwestern annual listed company the $1,188,613 $0.75 170, p. Investment the proceeds authorized has purchase to The two-for-one Exchange. The Cominental Illinois been Bank this " 1943 849,928 distribute 13,500 Subject June 1949 $853,081 — - expected company The to shares from increasing and company company and the company has agreed to sell to them percentage set forth below opposite the name of each underwriter of such shares of the 4.60% preferred stock as shall not be subscribed for by the exercise of rights or shall not be exchanged 1 share), Southern Society 1950 shares share Pinney & Co., New Pacific thus directors; to 20. Assurance The company's Net 24, Listing of Stock— Midwest Stock —V. President June on companies. New and San elected director a Life of was the The UNDERWRITERS—The agreed Southwest Natural Gas Co., Shreveport, La.—Files— The Black Co., 9,465,233 charges and taxes.—V. covering Electric 21,993,348 11,600,593 $640,291 stockholders is 1,000,000 shs. dated agreement 1951, to issue to these banks $500,000 the 2%% notes now outstanding. 1, addition tive 171, p. 2308. James 93,510,635 24,754,415 8,149,861 1947 Shell Oil Co.—James B. Black Joins Board— & 100,684,037 17,943,107 10,367,343 month. 1P49 income taxes 90,610,622 22,264,542 Royalty Co.—Earnings— Southmount It 85.000 shs. - purchase machine. capital company Sentry Safety Control Corp.—Earnings— Year Ended Dec. 31— 2,037,825 Dissolution Approved— The between National Aug. pany, 8. stock- the July 29, 1949, between the company and The First • National Bank of New York, The First National Bank of Chicago and City 4,492,599 2,598,976 account Midland York, 4,509,067 1,749,482 2515. p. per 2.750,000 issu¬ 2,000,000 shs. under previously First until Sales for 101'/2 Marine New Aug. 3,641,780 income "After Packing Corp. 3%% D-erfield 1962, The at on $17,571,900 $20,312,188 $18,775,081 89,358,032 income— Southland Redemption— preferred issuable or amended, signed 1947 1,763,116 3 Months Ended March 31— "Net Number 2612. p. amount the verses will additional $8,250,000 +3,250,000 1954 $100) Oustanding thereafter, The wheels was proceeds purchase 1948 • 3,723,426 railway railway oper. Earned Farms company the marketing 1949 $16,717,778 from 171, FINANCING PRESENT TO "$9,750,000 new year tLssued 10,361,121 Ry.—Earnings— railway railway income from ry. and $15,699,344 privilege. 34,853,774. 14,302,093 From Jan. 1— outstanding sub¬ principal amount of to business.—V. Proceeds company. $990,000 Employees Finance. bank course the refund. $5,750,000 Finance Seaboard for a^ent as used outstanding the Seabrook The 45,572,402 2,270,650 oper. Net Seaboard subordinated recently be Boston notes purchase while $3,684,781 of were Prudential to notes each New from from ry. Net financing will ordinated 7,739,128 1950 Net company 125,000 shs. America. of the $1,500,000 of 3'/2% notes in addition outstanding. Beginning Aug. 1, 1955 and on Aug. 1 the company .is required to apply to the payment of these 3.V2 % notes an amount equal to l/15th of the dif¬ ference between the aggregate principal amount of the notes issued of 211,763,859 2405. p. Net sales $6) (par amended, issue to 3'/2% 167,727,849 176,910,085 5,459,512 May— Gross income net net EFFECT 1, (par issuable or Indiana the at 1950, Authorized Aug. cumulative Hemphill, 14,876,255 income... oper. ry. ending stock ance The Finance GIVING preferred stock in series "Issued 1950—5 Mos.—1949 expenses $ Southern Seaboard and 1949, Goldman, Sachs & Co.— Harriman Ripley & Co., revenues 4,708,820 30, 30, $3,711,473. was maturing Aug. 1, 1969 notes, payable in equal annual Common 2612. p. $16,167,314 June April Eastman, railway Period End. May 31— 53,505,617 government ended notes, 2%% 1947 oper. 11,403,147 the from months 10 of ended year CAPITALIZATION 3 '/2 % A. 1948 From Jan. 1— ry, from Ind. the sales net for Barret, railway.... $41,414,940 $34,441,691 $35,506,624 $33,950,775 railway 12,597,025 5,421,878 6,105,333 7,775,875 from ammonia produces company facilities related Charlestown, Forgan & Co American Securities Corp. oper. 13,293,330 5,892,432 11,381,274 4,930,425 the certain EARNINGS—For Glore, Ry. 13.970,186 in certain and leased for > 16,946,451 Ry. 58,698,048 where Kan., 2,543 "89 1,919,191 821,701 56,5s 074 891 Works Works Arsenal, From Jan. 1— Gross principally used The company has recently acquired additional plants production of ammonia, namely, the Ohio River Ordnance at Henderson, Ky., from the U. S. Government and has also in from Gross be River gas. the $ 2612. p. from Net will Ohio stock. Pittsburg, natural and 1950—12 Mos.—1949 $10,212,448 1,996,447 1,203,903 the preferred stock together new company of an established producer of. heavy chemicals, par¬ ammonia and other nitrogenous products, methanol and formaldehyde. The company's principal plant is the Jayhawk Works 4.60% 4,991,697 1.164,250 May— 1947^ 1948 the able [Earnings of Transportation System] $11,366,407 $10,244,470 $11,695,764 3.008,355 1,918,273 2,767,387 of acquisition non-recurr. tax 171, Gross to decreases of instalments 10,667,591 — after RR.—Earnings— May— Gross & Fed. Net 2308. p. ac¬ INCOME ACCOUNT 1950—Month—1949 Southern Pacific to vote at funds the with preferred Serial taxes--]" income income —V. and 102 COMPANY—Is .severally, Net the purchasing stock common to Stockholders of business of more .) General increase shares of per stock. common increase ($1 par in — Federal taxes 25% a declared payable stockholders of recor<k,on Aug. 28, 1950, on the num¬ outstanding on the record date. Since the number of outstanding shares would be increased promptly following the stock¬ holders meeting on Aug. 22, ths dividend accordingly would be paid upon the increased number of shares. Aug. of to at each). ($6,000,000 ievenue Net is to cash other ticularly S. C.—Rights— stockholders present adjustments outstanding. stock issued, of to approve price 1958. PROCEEDS—Proceeds of the sale of the with as Gross shares presently outstanding. a dividend of 50 cents per share, four Board.— shares common 1^50, 22. Aug. the June 23 filed a registration statement with the proposed public offering of common stock at com¬ It proposes to issue and sell 1,000,000 shares of its stock. Proceeds will be used to purchase additional Operating expenses Prov. for depreciation.. Amort, of plant acquis. Plans Split-Up of Common Stock— The of Chairman to $ its treasury. in formerly Execu¬ board of directors to of its subsidiary operating companies financing their construction programs. It intention to invest $12,000,000 in the pur¬ chase of additional common stocks of Alabama Power Co. and Georgia stock in $6.79 the which $21,026,463 $24,466,105 shares outstanding; 3,600,000 re¬ 2101. p. Period End. May 31— — the third quarter of last year, In on outstanding share per has on common common 1948 14,780,000 $19,781,177 shares Earnings offered used $35,806,463 $40,936,105 13,460,000 income President, and the by as shares — Net elected CONSOLIDATED 1950 30, presently right the connection Co.—Registers With SEC— company covering its petitive bidding. Inc.—Earnings— 31— redemption June tion. William F. C. Ewing, continue 1950, be to receivable.—V. Power Schenley Board Factors Corp., Charlotte, additional 88,000 SEC $5 railway-.— oper. been will May, proceeds are The share per company is also extending to the hold¬ outstanding 5% cumulative preferred stock (par exchange their shares for such portion, if any, of the new preferred stock as is not subscribed for through the exer¬ cise of rights. The exchange offer will expire on July 3, 1950. Any unexchanged shares of old preferred stock will be called for redemp¬ the of net in Southern $258,339 i'0,435 1— Jan. from Gross ' $304,769 income oper. has Klein Mr. the 1298. company share) $105 OFFER—The EXCHANGE ers for RR.—Earnings— * railway railway a fund after ' The distribu¬ 1950 $278,534 May— Net him. p. counts Gross of the Presidency and Southeastern first Chairman Klein, President, Vice 171, The San Antonio, Uvalde & Gulf B. from succeed The corporation having been dissolved permanently closed, stockholders have their certificates to Girard Trust Co., in exchange certificates of interest in 26. June on transfer of sinking redeemed redemption at to cover¬ which there will be the remaining 1,000 10 cents), of The offering stockholder. the with (par (Alexander) Smith & Sons Carpet Co.—New President Oil Corp.—Dissolved— Salt Dome benefit initial if per thereto and at the Charlestown Works, for the com¬ pletion of a prilling plant and storage facilities at the Jayhawk Works and for the purchase of redemption of any unexchanged shares- of 2612. p. $101'/2 the has 100 is subject June 30, 1951, and thereafter at prices share if redeemed after June 30, 1956. Tt 3% sinking fund commencing July 1, 1952. before or on to improvements Skiatron Corp., N. Y. City—Files With SEC— to holders Of common on June 27, 1950, and preferred stock new redeemed old subscribe to registration to cents proceeds A rights effective upon The decreasing $10) shares of common stock (par one cent) to be per share through Tellier Si Co., New York City. ing 2,500 shares of capital stock July 6, 1950, or such later date on which such registration be¬ effective, will be the record date for the proposed offer.—V. 171, .933, underwriters. 749,000 40 at 952. Exchange Commission— filed 21 June on to capital. Offering Postponed— The corporation covering offered 85,055,486 491,033,619 518,833,215 82,030,180 Canadian SEC $ $ $ $ The 1950—24 Wks.—1949 1950—4 Wks.—1949 be olfered at 20 New York City. The cents) 5 covering 20 stock held of record 011 common The subscription rights expire on July 3, offering is being underwritten by Morgan 1950. The 1950. Monday, July 3, J 950 . . Stanley & Co. and Glore, Forgan & Co. and associated also June on Corp., New Roehelle, N. Y.— Files With Securities and Safeway Stores, Inc.—Domestic Sales Lower— Period End. June 17— share for each share of June 26, The the SEC with Butler, Moser & Co., stockholder.—V. 171, p. through to go filed was common share per proceeds 1639. 170, p. With Y.—Files Rochelle, N. Exchange Commission— of notification shares 18,500 cents Net Common Corp., New 500,000 1950 3 Months Ended March 31— Net Building, if (Jacob) Ruppert—Earnings— Loss Leases Bldg. New York, N. Y., has been sold by the Whitehall Improvement Corp. to the New York Life Insurance Co., which in turn leased the property to the Sheraton Whitehall Corp. on a long-term. Both the lessee and the seller are subsidiaries of Sheraton Corp. of America. The insurance firm was reported to have paid in excess of $6,000,000 lor the property.—V. 171, p. 2612. per buy of America—Sells, Then Whitehall Sheraton Tire June 22 filed a letter of notification with the shares of common stock (par 10 cents) to be share, without underwriting. The proceeds on 600,000 covering offered Sheraton Corp. C. Commission— —Files With Securities and Exchange . for the equal to 30 on days' account 4'/* of of the notice. the par stock outstanding at the fiscal year ending June 30.—V. 171, p. 2515. preferred (Continued on page The sinking value close 52) of preferred fund of the the at $25 number preceding Number 4921 Volume 172 . . (15) The Commercial and Financial Chronicle , 15 Stock Record «» New York Stock Exchange DULY RANEE V PHCES WEEKLY VOLUME« TRAMIK YEARLY RJUtGE OF SUE PRICES FOR EVERY LISTED ISSUE - t per share Jun IMa Jun 177/» Oct xl7VSi Lowest Highest t per share Dec 81 t per 54% Jan 4 Mi Apr 2Mb Feb 1 19 % Jan 3 Jun 23 Deo 20% Jun 44% Sep 38 Jun 47 Dec 43 Jan 13 Nov 19% Dec Jun 14 Mi 11% Deo 5% 46 23% Jun 27 277/« Mar May 18% Jan 97 Mi Mar 2% Jun . 3 9% Jan 26 Jan 23% May 110% Dec 21 Jun 30 NOV 110% Jan 9 30 Air Reduction Inc 1 Alabama 3 Dec 15% Mar 29 20 Apr 73 Sep 67 4 Deo 40 Mi Feb 82% Dec 59 64% Jan 86% Dec 76 17% Jun 27% Jan Jan 5 Aldens 72% May 11 Feb Feb 18% 64 88 Sep 83 July 6 Jun 165 Jun 210 Jun 19 Dec 15 Mi 104 Mar May 19 4 27 4 Va Jan 11 Jun 30 85% Feb 2 Jun 27 21% Jan 3 94 83% Jan Jan Allen 200% Jan 13 Jan 3 256% Jun 2 . Jun 30% Oct 27 Jun 28 30% Jun 35% Dec 32 % Jan 13 38% Jun 23 83% Jan 97% Nov 97 25 % Feb 33% 2% 37 Jun Apr 7% 35% May 29 30 91 30 38% Jan 11 59 Mi Jun Aluminium 120% Oct 89% Feb 34% 6% Jan 45 Jan 10% July B1 Jan 70 Dec 20 Jun 27 Dec 61% July x7% Jun 69 Oct Sep 12 Deo 3 Mb Jun 30 May 12 May 3 3%% Apr 19 9 4% Jan 11 Jan 26 40 Amer Apr 6 Jun 30 75% Jan 6 16Mb Jun 27 26% Jan 7 2 67% Jun 16 66 x63 Mar 10% Jun 27 30 35 Jan 8 105 Jun 13 7% Jan 13 4% Dec 3% Jan 3 Dec 471/2 47'/a 47 47 Ma 47 43M4 44 Ma 3,600 29 Me 30 Mb 105,400 31 Jun 6ft Amer - 14% Apr 21 8% Apr 21 Jun 30 120% May 24 179% Jun 30 190 101 Jan 18 Brake 22 Jun 27 30% Feb Jan 55 Mi Jun 26 79 25% Dec 22 Jun 27 26% Jan 12 47% Sep 44% Jan 7 51 Mar 22 American Dec 17 V8 Jun 29 23 Feb 23 Oct 17% Apr 24 Mar 81% May 71% July 19% 8 15 Feb 18 xl9% Mar 16 86% Jun 26 Feb 99 Jan 25% Jun 61% Dec 120 Dec 36% Mar Jan 13 76% Jun 23 115% Jan 16 178% Jun 19 106 Mi Jun 35% 29 113% Jun 23 32% Jan 13 46% Jun 13 49 7ft 4% Feb Feb 19 Ms Jan 21M4 Nov Dec 18% Jan 28 17 27 24% Feb Jun 4 Jun 3% Dec 2 %Jun 27 69% Dec 64 Vb Jan 3 Jan 19 y4 Dec 16 3 85% Apr 4 25% Mar 22 37 Jun 61% Dec 45% Oct 61% Dec 3% 54 Jan Jan 47% Jun 3 30 76% Apr 1 47 % Jan 5 29 Ma Jun 30 7% Jun Sep 27 73 Feb Aug 84 Mar 10 11% Feb 15% Dec 14 Jan 15 Ms Mar 22% Dec 20 Jan 13 3/b Mar 30 Jan 82 Jun Jan 76 4% Jun 18% 102 15% Dec Sep 84 Apr 13 25 Jan 9% Apr 30 92 13 Mar 29 15"% Apr 19 22% Jan 12 18% Feb 15 30 91% Feb 27 13% Jun 27 17% May 12 Jun Jan 4 86 Apr 14 5% Jan 3 8 Mar 22 78 7% Mar 29 Mar 22 35% Jun 26 142 Feb 34% Jan Jan 19 y4 Jun 13 Feb 10 6 Mb Jun 27 16% May 12 185 Apr 24 9% Jan 11 'Nov 39% Apr 24 51% Mar 16 Deo 39 Mb Mar 30 43% Jan 3 50% Mar 28 57% Jan 9 86% Jan 130 13% Jan 176 Dec 43% 164 Dec 42% Dec 150 28 Sep Jan 166 Jan 18 Xl57% Apr 4 39% Jun 30 44 Jun 5 Jun 27 145 Jan 13 139 22% Mar 24 Jan 31% Deo 34 % Feb 27 Jun 12% Jan 9 %Jun 27 12% Jan 11 Feb 45 Dec 38 % Jan 25 51% May 23 Jun 27 134% May 9 18 % Jun 30 22% Feb 3 16 July 20% Nov 29% May 128 146 % Jan 1 3 150% Jan Jan 76% Dec 64 Me Jun 30 Jan 153% Deo 1463/4 jun 30 Jun 138 60% 135 49Ms May Xll7% Apr 6Ms Jan 64Mb Mar 29 161% May 20 76% Jan 158 9 Mar 30 1,800 2,500 56 Ma 55 57 55 56 3,300 1 3% 50 *37% 117% 88% Jun 22 74 Dec 121 Aug 117% Jan 25 121% Mar 28 8% Mar 7 Ma Jan 3 12 Vb M«»r -2 28 Jun 38% 21% Feb 28 32% Jan 79 Sep 91% Mar 84 Apr Jun 80 Jan 63 May 20 1 94% Feb 10 69Mi 4% Jun 21 Ms 7% Feb 5 Ms Feb Deo 14 Jun 65 Deo Mar 8 25% Jun 35 Va Jan 27 Ms Mar 10 22 Ma Jun 35 Ms Jan 27% Apr 48% 61 5 74 Feb 2 107/b Jun 22 72 Jun 19 33% May 19 33% Jun 8 20% Jun 99% Mar 108 55% 27 23% Jun 19 Dec 106% Jan 20 110% Mar 8 Jan x51 Jan 12 61 Mi Jun 7 No par No par No par A 1073/b 111 108 Mi 111 106 182M4 184 182 182 180 140 22 Ma 23 % 22% 23V4 223/4 23 7,400 57V2 56 3A 57 57 Mb 58% 56 Ma 57% 57 57% 2,200 23M* 23% 22 23 22Mb 23 48% 491/2 48 48M4 48 48 18 18'A 17% 18 17% 173/4 •I8M4 19 •85 86M4 69 71% 18% 18% 18 18 86% 86% 86 ,86 70% 73 65 175 ♦162 *165 111% 109 38 Ma 34% Jan 13 26% Jan 13 Feb 89 Jan 3 3$. Monday Tuesday June 26 June 27 1,200 181/4 *17 Ma 18% 863/4 *85 863/4 60 68 MB 83,100 106% 41 363/4 69 Va. 66 166 Ma. 165 *158 800 100 106 Ma 39 108% 28,300 37 % 108 Ms 383/4 10,400 It per share 6 MB RXCHANGH CLOSED 53/4 20 Ma *19 Ma 17 M» STOCK 7 Mi 20% 18% Co 6% 6% 6% 19% 19% 19 Mb 500 18 17 Mb 18 V4 17% 18 Mi 11/200 2Mb 23/s 23/4 2 3/8 2Mb 25,600 17 Mb 173/b 3 Mb 2Mb 3 Mo 2 Mi 75 773/4 69 3/b 76 72 74 Ma 65 Ma 74 70% 12,300 18 19 Mb 16Mb 19 18 Mb 183/4 16 Ma 18 16Mb 17Mb 38,200 65 67 61% 66 64 64% 58% 63 58 3/4 60 Ma 8,900 ^52 48 3A 51 Mi 493/4 51 47 Mb 50% 47 Mb 493/b 19,000 40% 42 41 Ma 41% 41 Ma 41 Mb *41 Vb 30 Ms *7% American Stove Co 7 88 *86 Tobacco common preferred 86 •85 Ma 53/4 53/4 6 Ma 1,700 6 12,700 *46 473/4 46 Ma 46 Ma 200 31 Ma 30 31 Mi 29% 29 Mb 16,000 7 Mb 7 Ma 7 Ma 2,800 88 Ma *85% 7% 8 *85 Ma 88 Ma 88 Ma 143/i 14 Mo 14 Ma 14 Ma 14 Ma 14% 14 Ma 1 21 20 3/4 21 Va 20 Ma 20'/s 20 Ma 20 Mb 5,400 1 13 Ma 14 Vb 13% 13 Mb 13% 14 Mb 13% 14 13 Ma 13 Mb 17,500 83 Mi ♦82% 100 1 No par No par No par 5 par par par 100 23 100 No par No par No par ♦83 Mi 13 Mb 84 Mi 14 133/i 82 82 Mb 14 Mi 84 13% ♦82 82 6 Ms 35 5/b 31% 33% 33 Mi 105 Mi 105 Ma ♦105 Mi 13% ♦83 34 106 107 ♦106 7 67/» 6 34 6 Mb 32 *105 Mi 82% 82 83 13M4 14 Mi 6 Mi 7 32% 33% 106 1,000 14 Mi 11,400 84 Ma *83 84% 2,800 105 Mi 6 Mb 33 105 Mi 100 2,200 9,800 430 6 Ma •6% 29 30% 28 Mi 29% 29 293A 27Mb 29 Mi 27M4 29 33 33 Vi 33 Mi 34 33 33% 3334 33M4 >.• 33 Ma 33 Mb 20 20 Mb 18% 20 Ma 19% 20 19% 20 Vi 19 Mi 20 54,500 14 Ma 15 V4 13% 14% 14 Mo 13% 14 13% 14 68,000 177 *174 Ma 179 6% 179 •177 •177 7 *6Mo 179 •177 ' 43 39 Ma 6 Mb 6 Ma 45% 6 Mb 41 Mt 39 Ma 39% 50% 54 Va 51 162 Mi 164%. 163 43 43 42 •139 141 139 63/i 7 *6 3/b 14% 177 179 7 6 Ma 6 Mb 500 21,400 1,500 10 6 Mi 40 Mi 6'a 6 Ms 6 Mi 6% 13,600 42 Mi 44 6'/a 43 Ma 40 34 42% 40 Ma 41 Ma 5,900 40 52% 52 163 163 42 3/4 43 139 40 Ma 39 M2 53 Mi 50 Ma 163 162% 43 Ma 42 Mi 42% 39% 139 270 51 Ms 12,500 280 41 1,700 139 30 23 Mr 24 Ma 24 24 Ma 23% 24 Vi 23 Mb 24 11,200 33 34 32 32Mb 31% 33 31 Ma 32% 30 Ma 31 Ma 9 Mi 10 Mi 10 Mi 46% 48 Ma 130 M. 130 V4 47 100 25 151 66 M4 81M4 119 128 183/4 19 Mb 148 157 150 119 119 ' 19 66 Mb 151 79% 84 9 Ma 46 Ma ♦128 155 Mi 66 Mi 67 Ma 151 Ma 9 Mb 47% 130 • 9% 46 ♦128 18% 19 Mi 18 34 153 Mb 149 Mb 66 Ms 80 1193/4 9 Ma 47 132 151 Mi •149 Ma 83 •137 ♦162 403/i 163 Ma 40% 50 Ma 523/4 24% 139 139 403/i 163 23% 19 Ma No par 83 Mt 143/4 7% 7 34 % 152 3/b 100 preference—No par Amer Zinc Lead 8c Smelt com 1 $5 prior conv preferred 25 Anaconda Copper Mining 50 85 84 ♦81 3 7% preferred 84 conv prior 119 67 M. *137 9% *128 18 Mb 81 Ma 119 • 65 Mi 66 3/b 64% 1493/4 146% 75 Mi 80 Mb 76% 119 119 300 18 Ma 2,200 152 y4 150 148 Ma 150 2,700 2,300 132 18 Ma 153 9% 46 Ma *9 Mi 46 46% 132 3,100 120,400 65 Mi 17,400 147 78 Ma 440 10,700 119 Mb 119 610 10 Ms 10 Ma 9 Ma 10 10 10% 9 Ma 10% 93i 9 Mb 13,900 23 Mi 25 Mi 23 Ms 25 24% 253/4 24 Ms 25 Vi 24 Ma 25 Ma 45,600 86 87 3/b ♦86 •85 Ma 86 Mb 84 M4 85% *84 Ma 85 Ma 68 Ma 68 *68 68 Ma 67 Ma 68 ♦67 Ma 9 Mb 186 Mo 68 8 Ma 10 69 Ma 693/i 30 3 1Mb 28 30 Ms 32 30 66 9 Ma 93% 93/4 9 68 68 9% 9 Ma 67% 68 Ma 69 93/8 230 230 29,100 67% Ma 67 67 30 3/4 30 30% 29 30 % 29 29Mb 303/i 30 30% 29 Ma 30% 29 31 1,480 20 Mb 21 Mi 8,500 67 Va 430 51,800 r Corp— $4 preferred ♦85 6 Mb 473/4 14% common—No par Anderson, Clayton 8c Co 5 Mo •46 20°/b common—14 100 Works Co Inc_—8 new 5 Ms 47M4 15 Mb American Viscose Corp 5% preferred Cable r 21% 15 100 American Tel 8c Tel Co 53/b ♦46 42 Ma 100 American Sumatra Tobacco 41 Ma 20 Refining com—100 preferred 40% 68 ' 7 Mb No American Ship Building Co—No Amer Smelt & Refg com No 7% preferred Co 5,000 3 30Ma 100 Archer-Danlels-Mldland 6 Mi 19% 7% San'y com_—No par Co common Shares 6 7/a 20 3/i 293/a Safety Razor 8% non-cum preferred $ per share 6% 7% 7% preferred Armco Steel 8 per share 31% Amer Rad 8c St American Seating Co the Week ♦19 Ma 63/i 21 17 Sales for June 30 $ per share June 28 $ per share S per share Friday June 29 Thursday Weonesuay Mb No par com_No par American Power 8c Light 4%% 2,400 173/4 64% 109 Mb 393/4 29 Mb 4%% preferred Molasses Co 41% Feb 10 12 108 V* 40Ma 50 American 397/b Jun 23 106% Jun 2,500 473/4 17% •86 165 53/4 100 American Metal Co Ltd Andes Copper Mining A P W products Co Inc Dec 22 Ma 47 ♦150 165 36'/2 22% 17 Mb 1C% IIOM4 107 41 23 48 17 Mb 22 *47 Ma 170 473/4 No par 12 42% Nov 71% 5 Mb of 111 30 95 15,900 180 23 *46 Ma 100 10% Jan 29 % 107 Ma 179% 22 50 Ma preferred Amer Machine 8c Metals 8c 32,500 23% 10 10 1 100 Glass 600 45,000 5 Mb 101 180 5M4 11Mb 53/8 110 184% 1 No par 25% Jun 114V» 102 11 Va 12 55Mi Secur Fdry com Wire 5 3/8 Juno 24 7ft preferred American Woolen 10% 6 Mb {Saturday STOCK American Investment Co American Water 12 Ya 53/4 23 10 American Locomotive common American Sugar ♦100 103 11% 6'/b 184 Ma 10 10 100 6% non-cum preferred Stores 103 12 Mb 51/4 109 25 preferred Snuff 103 11 5,400 LOW AND HIGH Products News *1011/4 12 6 Va 5% 20 4 For footnotes see peg* 11 Ma 1 1 com 104 103 100 No par. No par 11 Jun 1,100 102 13 Jun 1,600 89,900 102 Feb 26% May 10% 67 66 327/b 9 Ma Jan 19% 41 9% 10% 67 com—No par 19% Feb 77 93/4 67 360 Dec 6 41 41 10% 68 3,100 12.500 7,300 Nov Mar 41% 41 Mi 3% 37% 116 31 Mb 28% 5 115 31 11 y4 3 3 Vb *35% 115% 32 Jun 4% Jan 10 y8 •67 3% 37% 113% 3 1Mb 8% July 15% 41 Ma 41 3% •353/8 32 Ma Anderson-Prlchard Oil Corp 2% Aug 40 3% 37 Ma 117 M. 31 Mi American International Corp-No par Common 116 31% Power com—No'par Home Hock *35% 119' 32% 10 Encaustic Tiling Anaconda 3 Ma 3% 38 113 31% American Ice Co common 6% 3'/4 *353/8 25,500 Co 6% convertible Anchor 48% Jun 41% 3% 38 117% 42% 23,700 11 Ma $6 preferred American 99 Ma *95 99% 55 Mi 100 $7 preferred 87 2nd preferred 7# *95 56% 100 Amer A Foreign American 99 Mi 541/2 Par American •95 98MB *95 16Mb American 7% 128% NOV 99% ♦95 800 2,800 26,600 67 Ma American Steel Foundries 31Ms Jun 35% 11% 27% Feb 18 21 y4 120 343/4 16 Vb 22% May 23 49 36 *65% 27 Jun 34M4 11 Va 26 Jun 36 Ma 16Mb Jun Jan 35% 66% 18 % Jun 39% 36 10% American Natural Gas Co 37 34M» 16Mb American 23% 367/a 66 Ma 33% Mar 16 Sep 34% 11% 36% Jan Jan 27 16Mb 30 8% 27 67 273/4 Jun 14% 19 Mb 27 11 M4 Dec 178 19-/8 27 66 Ma 33 Va Jun 20 Va 27 ♦20 M2 16 Ma Nov Mar 20 27 240 17 28 Ms 6% Mar 238% 21 28 11'% 3 10 230 20 271/4 67% 26 169 8,200 242 20 28% 16Mb 6% Jun 33 233 235 20% 246 3,300 IOM4 104% Jan — 229 Ma 500 9 Mb 67 Oct — 9 Mb 17% Dec 36% Aug 242 Mi 93/4 12 Nov Feb 93 9% 9% 67'A 7 — *88 9 Mb 16% 33% 32 93 93/4 67% 105 Ms 22 *88 93 9 110% Jan 7 93 300 25,100 2 Jun 17 ♦88 *88 10 Vb IOM2 Jan 7% Jan 108 68 MI 5 Ms 106 Mi May *103 9 MB 863/4 22 M4 108 28 1 No par American Export Lines Inc——40a 3.90% ♦103 20% 241 preferred series A_100 pfd series B 100 Amer M&ch & 108 66 Mb American European American 31 *103 58 American Gas 8c Electric Co 34% Apr 11 311/4 105 Ma 10% 55% Mar 22 48 . 30 M4 28 MB 105M2 31% 57% American Hide As Leather com Dec 29% 26,200 3,500 76 76 31 2% 33% 5 Nov 28% 313/4 60 73 61 59 62 78 ♦74 78 2M4 2% . 31% 1 32% •74 76 61 86 6 Mi Apr 48 76 2Mb 2Mb 64% *71 Ma 73 ♦71 Mi 73 23/4 64 M4 33 Ma 43% May Jan •71 % 2% 34 3 Jun 71'/2 65'A 64 67 34 American Distilling Co American 5,700 69% prior preferred American Cyanamid Co conv 11,100 17 y8 34 % 4%% 3 % % 23/4 17 Mb 50 Chicle conv 2 Ma 17% 10 Vb Shoe Co 3%% 2Mb 17 Ma 34 Mb 9 Jun 9% 2Mb 17% 2Mb 80 28% 2% 17 Mb 71 2% 17 Me 35 4Mb Jan Jun 65% 18% 73 27/a 10 2% 34 39% Feb 11% 2% ♦118 123 2% 17 Mb 35% ok 73 17% *71 Ma *118 2% 35% Oct 24 M4 12% 123 2% 118 Ma 30 Ma 6y4 9% 17,000 118 % 123 ♦118 123 32,600 84 Ma 43% 100 21 Mb 31-/8 Jun Jan 21 86 3/4 American Hawaiian SS Co 46 6y4 22 30% Jun 34 21M4 863/4 $ per share Jan 1% 6 y4 22 Mb ♦118 EXCHANGE 4% Mar 23 44 21Me 68 Ma NEW TORK 8% May 19 217/b Jun 22 53/4 Jun 27 Oct 13 M4 22% 11% 863/4 Colortype Co American Crystal Sugar com Highest $ per share $ per share 15% 430 21% 1 American Chain A: Cable Range Since Jan. 1 Lowest Highest 6M4 51 Ma STOCKS Tear 1949 t per share 51 Ma 10% 31% preferred Range for Previous Lowest 52 86 American 87 11 3/b •51 Ma 32 Ma 30M4 7% preferred Jan 19 % 10% 51 Ma 22 American Car & Fdry com—No par 82 Feb 11 3/B 51 Mi 31 Ms 861/2 American Can Co common 33% Jun 31 3/b 10% 511/a 311/2 Broadcasting Co Inc American Cable A; Radio Corp Jun 14 29 11% 5IM2 86 MB 4* convertible preferred Jun 15% 32% 10 MB 51% 22% 283/4 American 60 19% July Feb 29% 117/b 87% preferred 21% 39% 33% 11% 51% 33% Bank Note common American 700 31% preferred——100 cum conv 43 5,800 31 Mi American Bosch Corp 12 101 Mi Feb 187% Sep 49% CLOSED Agricultural Chemical—No par 3%4> 14 % Apr 21 Jan 106% 43 American Airlines common Jun 126 Jan Jan 39 No par Amerada 8 12 2 Jan 81 39 *37% 86% Petroleum Corp 9 45% Mar 27 38 172% Mar 39 Amalgamated Leather Co com 6% convertible preferred 27 104 Jun 38 vb 11,200 No par Limited Jun 40 96% July 5% Jun 2% 38 va 100 No par preferred conv 9% Jun 100 % Mar 30% Mar 10% 38M4 10 5 Alpha Portland Cement 38 38 No par 4% preferred 100 Allis-Chalmers Mfg common-No par 16 Jan 39 Vb No par 27 Nov 43 39 Vb Allied Stores Corp common Feb 53% May 31 EXCHANGE g 28% Jun 33 Mi Jun 20 MB No par Dec Oct 21% 20% 1 Allied Mills 1 Feb 88 21 MB 21 Vb Allied Kid Co 25% 37% Deo 22% 20 Ms Industries Inc Allied Chemical As Dye 12 Feb 21 247/8 Jan 21% 21 100 1 100 Allegheny As West Ry 6% May 27 Jun STOCK 21 93 May 16 11 % 76 21 *90 96 3 26% 20% gtd—100 2 93 21% 108 8 Vs Jan 84 Mi Jun 203/4 108 89% Mar 19 21 % •76 Dec 8% 3 Me 20% common Feb 93% 31/4 21% $2.50 prior conv preferred-No par Allegheny Ludlum Steel Corp_No par $4.50 conv preferred No par 4 24 3,900 3 21 100 Vlcksburg. Ry Allegheny Corp common • %% preferred A 34% May 17 110 Mi Apr Inc 8,400 3% 1 1 50 4%* preferred w w Mi Jan 2% Jun Shares 22 Mb Alaska Juneau Gold Mining 2 M» 13 y8 483/4 3 Mb 3 3 Vb 3% No par Feb 8c 47 3/4 49% 3 21% 1 No pa* 3% Jan 121 5 2% Jun 25% Jan t per share sft.nre 48 Ma 50% 49 49M2 10 •3 preferred w w 9 47 % $ 8 per share $ per share 50 Sales for the Week 3 Mb Admiral Corp new common Affiliated Gas Equipment com 17 55% Mar Sper share 49 Addresoograph-Multlgraph Corp—10 13% Mar 15 5 8 per share Friday June 29 June 28 2.50 Co.. Motors Adams Express Co Adams-Millis Corp May 31 39% Apr 17 M4 Jan 51 4% 14 June 27 June 30 Thursday Wednesday Tuesday June 26 a _ Acme Steel Co 13 42% Feb 52 Dec 61% ACF-Brlll 22 23% May 17 30 Jan 35 Par Abbott Laboratories 21 Monday June 24 S per share share 44% Mar 31 Dec 3% BataRdny EXCHANGE Highest 21% May STOCK NEW TORK Range Since Jan. 1 Tear 1949 37 LOW AND HIGH SALE PRICES STOCKS Range for Previous Lowest mm 6.25 No par 21% 10 20 • No Par Corp common -10 convertible preferred——100 21% 22 Mo 109 Ma 109 Va 1 "i 20% 21% 109 Va 109 Ma 58 58 Ma 57% 58 Mi 22 Mb 233/4 2 2 Va 20% 108 10 Ma 4 34 104 Ma 103/4 4 36 Mb 37 Mi 105 Ma 10 Mi 3 Mb 34 Mi 34 103 Ma 10 Mi: 4 35% 3 6 Ma 104 108 20 Ma 21 58% •10 4 353/4 108 108 ♦106 58% 55 58 55 '20 21 '/a 35 21% 2434 24 Mb 24 lOMa 10 Mb -/a 103/8 ♦10 4 4 36 35 353/4 37 Mo 34 Mb 104 Mi 105 Mi 104 Mi 4 35% 36 3/4 105 109 55 Mi 4 35 25% 10 Mb 4 35 Mi 110 2,600 103,300 400 2,400 3,700 34 Ms 36 86,800 104 Mi 105 1,520 16 (16) The Commercial and Financial Chronicle NEW Range Since Jan. 1 Year 1949 Lowest Highest $ per t per share Jun 8% Jan 51'A 105 % 10% Apr 24 13 82% Apr 24 53 10 30 100 Ms Mar 13 111 Oct 114 Jun 13 Mar 13 Apr Armour $6 8 11% 9 Artloom 27 25% May 10 Ashland 29 26 Ma May 16 15 Dec 104 101% Dec 98 Apr 30% 12 Mi Jan 109 Apr 87 Jan 30 Sep Feb 05 13% 19 15% Feb 50% 19 Ma Jun Mar 10 23 com Oil & cum Associated EXCHANC-S 110 Jan 30 6% 1st preferred™ 105% Jun 23 7% 2nd 59 Ma Mar 2 80 Jun 105% Jan 100 Ms Jan 16 Jun 105% Nov 103 Ma Jan 27 109% May 19 10 Vs Dec 15 Jan 12 28 ISMsMaylO A 18% Jun 27 21% Jun 12 Atlantic 32 Mi Jun 47 Jan 41 Jan 13 48% May 2 53 Feb 73 Dec 68 Jan 28 Jun 121% Jun 80 14 Mar 23 preferred Associates Investment Arch Topeka 5% & non-cum T F Co Santa Fe W 77 Feb Jun 27 Jun 42% Dec 36% Jan 24 Jun 112% Dec 108% Feb 1 124 Ma Jun 93% Jun 102 Dec 99% Jan 5 102 Ma May 29 20 Jan 24'A Aug 22% Jan 19 25% Feb 7 Jun 58 51M» Mar 25 65 Mt Jun 1 Atlas Feb 100 15 Jan Dec 110 20 Mi Sep 86 105 Jan Feb 17 2 May 93 Feb 7% Sep 6 Ms Jun 25 30 Feb 15% Dec 14% Jun 29 4% Jun 10% Nov 4% Jun 34% Jun Jan 8 5% Jun Feb 16 8% Mar 16 3 Feb T SS 25 12 29 8 Mo Apr 14% Jan 5% Jan 3 9 Ms Apr 18 37% Jan 4 53 Ma Apr preferred 48 Ma 49% 47% 48% 9,400 103 Mi •102 103 Mi 102 102 *101 Mi 102% *101 Mi 102 Mi 112 113 Ma 113 115 Ms 113% 114 *113 114 Ma 16% *15Mi 115 16 •15% 9% •15% 16 Ma 16 Mi 16 55,000' 10 320 16 600 9% 9% 9 Ms 9% 9'/a 9 Ms 9% 1,900 21% 22% 22% 22 Ma 22 Ms 22 Ma 217/a 22 Ms 9,100 2 5 Ms 24% 24 Mi 24 Ma 24 Ma 24 Ma 24 Ma 17 Ms 18 Ma 16% 18 108 Ms . , 108 Mi 105 Ma 106 106 106 102 Ma 104 Ma 102% 103 102 Ma 103 hi 53 111 54 49-/4 115% 107 108 17 Ms t>i 1 16 Mi 16 Ms 17 27,700 *104 Ma 106 360 103 *102 Ma 103 200 *102 Ma Mi 1,100 17% 104 Mi 104 50 Ma 48% 111 Mi 114 106% 9% 17 Mi 113 Ma 108 Mi 111 Ma 109 Mi 110% 104 Mi 105 '/a 105 Ma 105 Ma 105 Ms 105 Ms 107% Pi 50 51 8,800 2,500 12 Ma 13 12 12 Ma 12 12 Ma 12 Mi 12 y2 12 Mi 12% 20 Ma 5,300 187/s 20 19% 19 Mi 19Ms 20 19% 19 Mi 3,600 4 3 Ma 45 43 Ma 44'/a 43 Ma 44 8,800 44 42 44% 72 Ms 73 88 86 87 52% 48 52 Mi 115 10U 74 71% *85% 90 Mi 49% 51 Ma 73 47 Ma *85 90% 71 71 *85 50 Ma J. 14 Mi 116 115 Mi 116 Ma 113 Ma 115 113 101 Ms 101 101 Ma 100% 101 Mi 101 46,900 114 Mi 101 102 100 Ma 23%* 24 23 Ma 23% 23 Mi 23 Ms 56 Ma 59% 56 Ma 58 Ma 57 Mi 59 Mi 23 23% 22 Mi 56 Ma 1,390 960 23% 58 Ma '57 Ma 58 110 *110 111 ♦110 111 110 110 No par No par i$1.20> 600 51 118 101 2,100 90 Mi 48 Ms 110 *110 17 *13 17 *14 17 *14 17 *14 16,500 1,800 111 17 17 7 No par 7% 15% 5c 6% *11 Ma 7 Ms 7 15 M4 16 6 Mi 5 Automatic Canteen Co of Amer Mfg Corp (The) $2.25 conv preferred . 100 Autocar Co Avco 73 87 Ma 50 Ma No par common prior pref 45 Ma 7 6 Ma 25 5 Nichols Vs 75 A__10Q convertible preferred Atlas Tack Corp 15 Mi ♦15 6% 3 7 6% 15 Ms 14% €M4 46% 6% 6 Mi 6 Ms 11 Va 11 Ma 11 Ma 7% 45 7 Ms 11 Ma 12 No par common 6% 7 Mi 7 44% 43 44 6% 15 55/s *14 Mi 155/s 6 11 Ma 1,600 600 6 11 Ms 2,700 11 Ma 6% 7 Ms 6 Mi 42 Mi 44 30 100 6% 6 Mi 11 7 M» 6 Mi 43% 42 Ms 1,700 42 Ms 13% 7 107,300 2,500 B Jun 15 Nov 13 % Jun 30 15% Jan 25 Babbitt 8% Jun 12% Jan 9% Jun 27 13% Feb 16 Ealdwin Locomotive Works 7% Jun 11% Jan 9 Jun 27 12 Mi 14% Jun 22% Jan 17% Jun 29 23% Apr 14% Jun 25 Jan 60 y2 Jun 72 July xl3 38 53 Jun 15 Sep 2 36 Jun Dec 41 97/a Feb 17% Feb 63 40 Jan 1Mb Jun 17% 33% Feb 12% Nov 101 69 Mar mmmm 86% 6% Jun 10 Ms 27 M4 Jun 32% Jun 11 Ma Jun 16 10% Feb 16 Ma 11Vs Jun Oct 17 98 37% Oil 8 Barker Brothers 26 4Ma% Jan Bayuk 9 Feb 108 May 11 21 Mi Jan Jun 30 23 Ma May 2i 74 Jan 3 Jan 7% Feb 26 86 Ma Jun 23 17 Ms 9 Ms 9 Ma 90 86 Jan 12 1 Jun 26 Oct 26 Apr 26 ' Dec 33 Ms Jan 30 Ma Jan 13 Dec 139% Jan 21 36 141 31 Mi Apr 31% Mar 20 24% Mar 27 11% Mar 9 Ma Jan 3 Feb 23 2 Vs Jan 11 12 29% Jan 39% May 26 39% Jun 12 148 Jun 26 29 Mi May 19 17 Mt Jun 22 Lowest 32% 30 Ma 104 Ma *102 Ma 104 Ma 104 Ma 20 17% 17 Ma 17 Mi 17 17 21% 17 Ma 17 Va 21 Ms 21 Ms 4,400 217/s 22 Ms 21 Ms 22 21 87 21 Ms 85 Ma 86 2,200 87 86 $ per share Sper share YORK Jan 25 Ma Apr 26 29 M2 Feb 15 Ms Nov 13% Jun 27 17 Jun 14% Dec 11 Ms Jun 27 14% Jan 5 Bliss 9% Jun 15 Dec 13 Ma Jan 4 18 Mi Jun 5 1 22% Jan 3 31% May Aug 27. Jan 22% Mar 25 31 May 10 Aug 64 Jan 46 Ma Jun 60 Jan 18 Aug 13% Nov 38% Mar 42 y2 32 Ma Jan 19 Ma July 51 29 14 Ma Jun 30 12% Jun 27 48 Dec 27 Jun 10 x24% Jan 12 16% Jan 9 51% Apr 4 73 Mi May 26 Apr 59 % Dec 55 Feb 15 01 Ma May 98 Ma Dec 97% Apr 1% Jan 1 100 Mi Jun 15 Jan 30 4 Dec x34 Ma Feb 24 3% Apr 42 Mi Jun 29 8% Mar 7% Feb 14 9% Feb 18 32 Ma Jan 26 iy2 Mar 26 Jun 6 Ma 25 % 2 38 Jun J an 6 Ma Jun 20 Ms Jun 47 Ma Jun 21 Ma 25% Oct 98 Jan 18% Jan 9 Jan 29 Mi Mar 95 Jan 15 Mi Jun 13 Ma 120 Jun Feb 7 Ma Jun Ma 9% 32 20 Jan Apr 29% 33 28 NOV 27 13 Jan 25% Apr 19 23 M» Mar 24 Jan 105 Ma Jun 7% Mar 10 Jan Dec 100 Apr 20 Dec 39 36 Jan 13 50% May 29 liy4 Jun 27 12% Dec 40 Dec 102% 24 36 Ma Mar 19% Dec 29% Jan 6 105 Ma Jan 18 44 Ma Jun 14 14 Mar 7 2 45 16 103 16 Jun 27 26 Dec May 17 53 30 121 Ma Jun Sep 13 Mi 1 12 29% May 19 Feb 100 May 36 Mi Jun 20% Jun Dec Dec 125 12 Ms Jun 19 Ma Jan 24 12% Jan 3 18% Jun 12 12 61% July 76 Oct 74 Ma Jan 3 81 26 Ma 35% Dec 34 Vz Jan 4 39% Jan 24 Jun Jun Apr 84 Dec 82 Ma Jan 18 91 13 M2 Jun 16% Jan 12% Jun 29 15% May. 3 9 Ma Jan 5 7 80 Jun 9 May 8 x97% Jun 122 6 Ms Jun Mar 29 60 Jun 3 Jun 98 Mi Jun 20% Jun 9 82 Feb Mar 31 114 Dec Feb 17 Dec 11M4 4% Mar 24% 105 Dec 30 6% Jun 13 5 5 105 V2 Jan 24 26 24% Jun 19 101 Ma May x21 Apr Feb 36 Ma Dec 34 Ms Feb 5 58 Apr 52% Jun 26 Jun 2 Oct 1% Feb 8 3 Ma Jun 5% Jan 4 22% Jan 12% Feb 98 Sep & 17 . Feb 28 109 M4 Mar M2 Jun 27 9% Jun 29 12% Feb 24 99 Jun 29 106 41 May 40 Jan 5 43 21 Oct 17 10% Jun 15% Dec Jan 51 Dec Jun 29 13% Mar 30 43 Ma Apr 3 12 Mi Mar 16% Dec 15 Jun 50 53 Ma Nov 54 May 2» Mar For footnotes see page 26 28 Feb 28 Mar 20 23 Ms 86 Ma 86 Ma 700 l'/s 1 V'8 1% 124,400 26 Mi 26 Mi 26 Mi 29 37 36 Ma 26 Ms 33 Ma 33 15 Ms $ per share 145 Mi 28 26 Mi 36 35 Ma 27 36 Ms 35 35 Ma STOCK 34 Ms *141% 25 Ma 25 Ms 26 Mi 25 25 Ms 25% 26 Ma 15% 15Ms 16 15 Ma 15 Me 15 Mi 16 LOW AND HIGH Monday Tuesday June 26 $ per share SALE June 27 S per share 36 Ms 145 PRICES Wednesday Thursday June 28 $ per share 26 Ma Shares 26 Ma 600 14 Ma 14 y8 15,000 11 Ma 11 Mi 6,900 15 Ms 15 Ma 15 Va 16 15 Ms 15 Me 26 Vi 28 Ms 1,300 28'/a 29 Mi 27% 29% 26% 28 Mi 24 Ma 30,000 25 Ms 25 25 Mi 24 Ma 25 25 Ms 48 Ms 48 Ma 25% 47 Ma 48 2,500 47% 48 46 Ma 17 Ma 47% 47 Ma 17 49 Mi 17 17Ms 17 17 Ms 16 13 Ms 17 Ms 13 Mi 14 Ma 15 Mi 12 Ms 2,190 13 Ma 13 13 Ms 12% 13 Ms 12% 13 Ms 48 12,000 50% 48 M4 50 48 Ms 48% 48 Mi 48 Ma 63 Mi 8,000 68 Mi 65 Ma 673/i 63 66 Ma 63 Mi 66 Mi 99 y2 29,700 99 Ma 99 Ma 99 99 9 9 Ma 99 Ma 2 Ms 2 Ms 2 Ma *2 41 Mi 41% 1 50 Ms 5 63 Va 100 I common conv *98 Ma 100 69 Mi *99 41 Mi 5 2 Mi 41 Mi 8 Mi 22 9 Mi 31% 27 Ma 24 Ma ♦2 41 Mi 9 Ma 22 8 Mi 9 Mi 33 Mi 28 Mi 1 27 Ma Ma 8 Ma 8Mb 8Mb 20% 20 Ms 20 Ms 22 150 11 Ms 10 Ms 10 Ms 10 Ms 11 17,700 31 32% 30 31 Ms 29% 30 Ma 20.900 3,:, 2 7 Mi 24 Ms 40 Ma 39 52 50 Mi 27 Ms 39 Ma 51 Mi 11 Mi 15 44 44 Ma 43 *103 104 Ma *103 23 Ma 5 16 Ma 121 Ma 23 Mi 17 Ms 123 400 3.400 10 Ms 101 Mi 12 Mi 2 1MB 16 •122 24Ms 24 Ms 102 *99 38 *51 Ma 11 Ms ll3/s 43 42 Ma 104 Ma •103 22 Ma 17Ms 123 24 Ms 26 Ma 24 27 27 24% 6,200 27% 23% 2,700 24 7,900 102 38 Ma 37 38 37 38 52 Ma 50 Mi 52 51 51 11 Mi 43 104 M2 11 Ms 11 101 Ma Ms UMa 200 3,400 1,800 U Ms 10,500 *42 42% *42 42 Ma 1,300 104 Ma *103 104 Ma 21 Mi 20 3 4 21 Ma 20% 17 Ms 16Mb 17% 17 123 101 Ma *103 IMa ♦122 8% *99 16 Ma 2 • 27 Ma 102 8Mb *20 122 122 20 Ms 2,900 17 Mi *122 17,000 123 No par 15 Mi 16 Mo 14Ms No par preferred 30 2Mb 41 Ms 41 20 Ma 25 Mi 11 Ms 2 Ma 2% 42% 10 Mi 102 Mi No par -.No par 8 4 IMa 960 20 51 Mi 40 common 8 Ma 15% 01 20 11 15 Ms 42 40 No par common Mo •102 100 100 Co 51 Mi 100 2 Mi 2.50 preferred 16% 16 Ma 14% 16 80 81 15 Ma 79 16% 80 *79 80 78 Ma 79 77 Va *35 35 Ma 35 Ma 60 78 1 ... 35 Mi 15 Ms 135,900 2,700 37 35 35 No par Watch Co Inc 19 Ma 19% 20 19 Ms 19Va 33 Ma 18 Ms 34 Mi 35% 19 Ma 35 17 5 19 32% 19 Ms 32 Mi 4,800 33 33 Ma 31 Mi 20 20 Mi 32 Ma 3 IMa 19 31 Mi 20% 2.100 20 Mi 21 19 Ms 20 19 Ms 20 Ms 24,300 • common preferred conv 1 100 2nd preferred Terminal *94 Bldg 1 common 1% 90 13 Ma ' 8 Mi preferred__100 120 15 preferred. participating preferred Byron Jackson Co ; Packing 94 94 92 87 60 89 89 *80 88 88 83 *85 88 300 *85 88 *85 88 *85 88 13% 8% 121 Mi 11 Ms 78 Ma 5% 18 Ms 100 ♦103 2 1Mb 19 Ms 104 22 Ms 13 Mi 8Mb 117 9 Ms 78 4Ms 18 Mi 103 21 Ma 13% 8 Mi 118 10 Ma 78 Va 5 Ma 19 103 Mi 22 13 Ms 83/i •115 9% 78 5 Mi 42M4 37 41 Mi 39 Ma 52% 52% 52% 53 1% 1Mb 5M2 5% 5 Ma 19% 17% 10 Ma par Ry Co Breweries Ltd 50% Feb 1 18 M4 Jun 9 Capital Admin class A... 101 100 Canada Southern *40 common 10 Ma 100 Va 17 Ms 13% 8% 117 10% 78 5% 18MS 102 102 Ma 21 Mi 22% 8% 13% 25,500 8 Ma 4,000 115 140 9% 9 Ms 13,600 75% •76 Ma 570 5% 6,600 5 Ms 18 18 102 Mi 22 3 4,000 102 Mi 200 22 2,100 40 Ma 39 Ma 40% 39% 39% *52 Ma 53% *52 Va 53% 140 1% lMi 1% 1% 1Mb 5 Mi 8,600 5 Ma 5 Ms 5% 5 Ma 5% 18 Mi 10 Vi 100 18 Ms 10% 100 Ms 18 Mi 9% 99 19 10 Ma 100 Ma 42 V2 42 Ma 41 Ma 18 17 16% 15 Ma 16 15 Ms 16% 46 46% 4 6 Ms 46% Mi 4 6 Mi 17 V4 45% 15 M» 16% 15 15 Mi *15 Mi *53 Ma 55 Va 54% 54% 54 % 4,300 27,500 *17 Mi 4 2 Ma 18 55Ma 18 Va 17 *41 18 15 16 54% 15% *45 15% *53 Mi 9.600 10 Ms 42 42 *16 17 9 Ms 99 18% *54 18% 99 16% Ma 6,600 * 42 46Ma 12 Ms 114 53 Ma 41 Ma 46 Mi " 92 1% 15% 1 10 10 Ma 100 Ma 5 94 *17M4 No par 25 No par A 11 Ms 102 5 Ma 19 *77 Ma 5 3/i 213/4 1% 8 Va 78 Ma 21% 52% 12 Ms 117 9 Ma 183/s 40% *92 10 Ma 102 Ma 1 19 Mi 83/i 18 Mi 50 2 13 Ma 119 102 Ma common__No par Calumet & Hecla Cons Copper 5 Campbell W & C Foundry No par Canada Dry Ginger Ale com__1.66% $4.25 conv preferred No preferred 95 Ma *80 88 5 Ma No par 1,100 90 78 Ma Butte Copper & Zinc 5 Byers Co (A M) common____No par 35 Mi *94 10 Mi 100 : 96 *85 100 . Bush Term Butler Bros $3 Sales for the Week S per share 16Mb Bigelow (The) Canadian Friday June SO June 2!) $ per share 26 3 Ma% preferred 100 Burroughs Adding Machine^.No par 7% 800 6,600 20,000 28 Va preferred 4 Ma % 145 16Mb 15 Buffalo Forge Co Bush 34 Ma *141 Mi 25 • $3.60 preferred 3M2% 130,400 3 6 Ms 145 Ms 27 Brown Shoe Co Inc common 4% 7,000 3 5 Ms 35 Ms *142 Mi No par 3%% preferred Brooklyn Union Gas Bulova 35 Ma 36 147 CLOSED (The) Bristol-Myers Co $5 5,000 EXCHANGE Airways Inc I 2.50 Brewing Corp. of America 15 Bridgeport Brass Co '..No par Briggs Manufacturing Corp__No par Briggs & Stratton No par Budd 27 5 Braniff 7% 34 Ms 16.900 5 Canadian Pacific Ry Cannon Mills May 15 23 Mi 86 Ma 1 Vs 16s/o Borg-Warher Corp common. 3Ma% pi eferred 20Mi Feb 15 57 Ma 23 Ms 86 Mi 1% 1 16 Boston & Maine RR (assented) Bower Roller Bearing Co 17 Mi Jun 15 23 Ms 8 7 Ma 1Mb 36 2.50 Class BJ California Jun 24 *86 Ma IMa 1 Mi 25 Mi 5% preferred Callahan Zinc-Lead Jan 23 Mi 88 Va 89 27 Brass. Bond Stores Inc. 23 35 Ma 24 Ma *86 Ma 247/a t Ami Co class A 26 Jan 23 Mi 24,100 No par Aluminum 55 2% Apr 19 6 Mi' May 18 22V2 May 17 12 Ms 12 43% Jun 16 Mi 40 Mi 7 24% Jan May Jan 79% Jun 13 1 9% Apr 20 12% Jun 1 29 52 Jun 125 3% Jan 30 16% 23 Mar 28 17% Jun Jan 26Ma Jan Jun Ms Apr 18 69% Mar 7 91 Ma Jun 11 Ms 11 Ms Burlington Mills Corp 13 12 Ma Sfttaird** E'Ullard Co Dec 12 12 23% May 22 36% Jan 11 ' 13 Ms 11 Ms 22% Jun 22 91 32,700 11 Mi 12 Ms 21 Jun 4 3 Ms 13 11 Ms 17 M4 Mar 30 70 Ms 42 Ma 10 Ms 12 Ma 31 Ma Feb 2 13 Ms 35 l 17 Mar 44 Mi 12 & 20 42 15 cum 1,100 3,500 90 44% 27 5% 17 Mi 16 Mi 42% 14 Ms Brown 16 Ms 15 Vs *88 42 Ms ®26M/a Borden Co 190 41 15 Dec 100 88 y2 27 Ma Dec 30 16 Ma 14 Ma Jan Jun 17 Ma 15% 88 Ma 27 18 Ma 92 16Mb 16% 15 Vs 19% ; 2,000 27 Ma 36 Nov 3,000 14 13 Ms Apr 95 29% 13% 27 Feb May 29 Ma 15 Ma Bon 6,100 14 Ms 28 Bohn 210 8% 43 Ms 26 Mi Co— 86 Mi 30 14 Mi (E W) 3,700 31 28 Jun 77 17 Mi 30 *29 Ma 92 16% *88 8 30 No par 13% 27 17Mi 16 Ma 92 8% 8% 30 No par 29% . 16Mb 16 *88 8 Mi Black & Decker Mfg Co 12 Mi Jun 15Ms 17 8Mb Edaw-Knox Co Bucyrus Erie Co 1 16% 90 Juno U Brunswick-Ealke-Collender 27 14 Mi 27 Mi - 20y8 Jan Jun 297/s 14 Ma No par 25% Feb .11 126 30% 14 Ma No par Boeing Airplane Co 25% Mar 21 50 30 14 Ma 148 Bliss & Laughlin Inc.; 3 30 14 Ms 1 Par Jun 28 Ma 14 Mi 147 Mi $ per share 8% 30 Mi 24 Ma STOCK 10% 3u *86 Ma EXCHANGE 30 Ma 3u 8% Mi 12 Ms 100 Bigelow-Sanford Carpet Birmingham Electric Co , 3U 29 *102 Va 41 Ma .No par com 8 Mi 29 Ma 16 Mi 1 preferred *86 8 Mo 90 I Foods 30 Ms 104'/2 30 Ma 16 Mi 10 Best 87 29% *102 Ma 14 Ma 10Q , *86 31 30 10 Best & Co NEW May 23 8 Ma 32 *30 5 Jun Jun *86 t : 22% 17% 21 Ma _100 Home Appliances 33%'c Indus Loan common 10 Highest 3,100 17 Ms Cum pfd $3.25 ser of 1946_No pac Benguet Consol Mining Co 18 pesos Range Since Jan. 1 Highest 3,600 , 104 Ma pfd.__No par STOCKS Year 1949 10 18% 50 (Del) 240 18 Ms 32% 17 Mi Beneficial 7% 38 104 Ma Bendix Aviation.. Bethlehem Steel 90 103 14 Range for Previous . 18 Ms 95/s 13 Dec Sper share 37 17 Ma 18% Jun 2% July *36% 37 9 Mi 90 Bendix 4,800 18 Ms L 3 16 Ms 37 Va t May 15 16 Mi 9 Ms Bell Aircraft Corp Bell & Howell Co common 16 17 17% *37 1,200 ..100 Shoe ,(A Si 4%%. pfd. Beech Aircraft Corp preferred 16 Ms 9 Mi ...2.50 Beck 4Mi% 17% 17 Ms Belding-Heminway Jun 2,300 9 Ms 8 477/a Apr 29 42 Mi 17 Ma 12 4 41% 18 15% Apr 18 Mi Jun 13 43 Ma 32 1 10 40 17 Ma 9 Ms 16,400 19 Mi 66 17 3 Feb 19 19 Ma 66 38 13% Jan 12 Ma Jan 18 Ms 35,900 19 Ma 16 97/s 22.800 9 Ms 67 36 Ms 12% Feb 34 Ma Jan 19 Ms 19 Ma *65 Ma 18 Feb x85 17 Ms 19 Ms 38 Jun Dec 19Ms 67 17 Mo Eeech-Nut Packing CoL 27 Ma Lowest 16 M2 43 18% 38 Beech Creek RR- 85 Oct 44 Ma 5 Jan 0 44 Ma 9 26% May Jun 44 Ma 6 4 Jun 43 Ma 9% Jan 27 Jun 45 Mi 34 Ma Jan 9 Ms Jan 22 M4 *65 Va 32 Ma Feb 23 Mi Jun 23 Ms 19 Ms 67 Mi 7 Jan 129 Ma 20 Ma 12 Nov May 19% 19 Mi 27 11 25 13 2,800 10 12.50 . conv 20 66 29 Mi Jan 27% Dec cum 9 Ma 21 Mi 28 % Jun Feb Feb Mills Inc div 9 Mi 10 No par Co common convertible preferred $1.50 13 Ms 10 Ms 9 Ma 67 Ma Feb Apr 1% 3%% Beaunit 13 Ma 9 Mi 10% 18% L Inc Foods 13% 10 Mi 9 Mi 21 Mi Mar 7 6% 73 Ma Cigars Beatrice 13% 9 Ms 9 Ms *65 Ma Bath Iron Works Corp 9 13 Ms 10 Ms 9 50 ... 6 13 Ma 9% 10 preferred 13 Va Jan 13 Mi 10 50 10 common 20% Mar 13 Ms 10 Ms 9 Ma 100 (Delaware) 34% May 17 21% 23 Ms Corp 13 Ms 10 100 common preferred 29 15 Ms Mar 25 Mar Jun Barber 21 Feb 85 26 5% 30 98 ■ Nov 30 M2 preferred Aroosto/k Jun 9 Ma Jan -- non-cum Convertible 6 39 1 13 100 common... 29% Jun Dec 20% Inc 51 Mi Apr 27 3 4% Bangor & 5 20% Feb 147/s Jan T) Baltimore & Ohio 19 Jan 36% Jun Dec 87 Ms 72 27 Jan Nov 29 4 22% Jan 23 Jun Oct 15% 11 y8 Jun 16 Mar 26% 3 12 Apr Apr IB . 16,100 19% 100 series 4% 18 Jun 49% 25 common Powder common.: Conv 49 23% No par 1 Lines prefer., ed Refining common conv Austin 49% Ma 10 Preferred $3.75 series B__. 28 29 11 17% Mar 7 Mi Jan 44% Jan 4% 48 106 Ma Co non-cum Atlantic 22 112 Ma Mar 30 2 4% 13 Ms May 26 55% Jun 22 3,000 50% 100 Atlas Corp 42 Mar 94 76 Mi 10 City Electric 30 Mi 9 Ms 76% 100 com preferred Inc G & 87/s 76 Ma 8% 25 10 Atlantic Coast Line RR Atl 9'/s 74 9% 100 13 9% 76 Ma 22 Ma 100 4 Shares 9 9% 25 1 3 Sales tor the Week $ per share 76 15 Ma CLOSED 1 Mar share 77 112 par common S per 75 Ma No par Refining Co com preferred__No Friday June 30 June 2!) $ per share 77 *102 8% Thursday June 28 S per share 9 Ma PRICES Wednesday 49% 5 Dry Goods Sper share 8% No par conv Monday, July 3, 1950 . 77 STOCK Corp Carpet Co Inc $1.20 S per share No par No par preferred Arnold Constable 97 Mi 106 June 27 5 com Apr 47 Mi Jan Nov 9 Illinois SALE Tuesday June 26 No par convertible 18 24 Mi Jun 7% July Jan $4 14% Apr 9% Jun Dec 16% of $3.75 preferred 21% Jun 13% Mar Co HIGH Monday June 24 prior preferred Armstrong Cork Co 104 Ms May 10 117 Ma Jun & conv AND Satardiy Par . RECORD LOW STOCK $ per snare share 47% Jun Dec YORK EXCHANGE Jan 69 Dec 101% Jun NEW Highest 7% Jan Dec 77% 38% Jun 94 $ per share Jun 5 49 Mi STOCK STOCKS Range for Previous Lowest YORK . 18 15% 840 80 200 145.400 46 Mi 1,200 15% 2,300 55 90 . Volume 172 Number 4921 . . The Commercial and Financial Chronicle . NEW Range for Previous 4 per share 5% Feb Range Since Jan. 1 Lowest Highest Oct Ri4 Jan 15% Jun 100 Jun 108~ NEW Highest $ per share $ per share 9% YORK STOCK 12 30 20% May 102 Jan LOW STOCK 11 Feb 110% Jun Capital Airlines Inc (Philip) Carey 1 Clinch & Ohio June 27 S per share $ per share Power & Light 9% 10 uy 17 luo 1. No par 26% Jan 33 Dec 28 Jun 30 34 % Mar 16 Carolina Jun 35% Jan 3OV4 Jan 3 15 % Dec 16 »/4 Mar 30 Carpenter Steel Co Carrier Corp common EXCHANGE Jun 10 CLOSED 30% Mar 37% Sep 34 % Jun 41 May 22 213/s May 20 39% May 18 _5 12% 50 6 Feb 8% Nov x7% Mar 13 10% Jun 16 Conv preferred 4% series Carriers & General Corp 30 Jun 45% Nov 37% Jun 483/8 Jan 24 Case 131 Jan 146 Nov 140 27 Jan 3 Jun 37% Dec 32% Jan 27 100% Aug 104% Dec xl04% Jan 18 26% 156 May 44% Jun 106 1 1% I) 23% Apr 343/4 Dec 97 Apr 105% Dec 1041/s Jan 3 Jun 132 % Dec 1301/4 Jan 13 140 13% Jun 263/4 Jan 161/2' Jun 29 21 Jan 10 Celotex 15 % Jun 18 3/4 Jan 163/8 Jun 27 173/4 Apr 18 5% 14% Jun 17 Jan 15 Central 113/4 Ma1 7% May 3 Jun 123/4 37% Jun 22 107% Jan 25 Jan 3 18% Apr % Jun 30 11% Apr 6 4 Jan 3 83/8 May 27 15 Jan 3 7% 28 8 Jan 6 25% May 26 Jun 24% Jan 6% Mar 93/4 Dec 9% Jan 12 38% Feb 2nd Aguirre Sugar 5% Dec 1101/2 Feb 9 11% Oct 83/s Jun 30 113/s Apr 4 93% Jun 27 14% Jan 30 Class 30 163/s Mar 1 Central & Central Violeta Jun 14% Dec 13% Jun Feb 13% Oct 12% Jan 3 6% July 14% July 8% Dec 67/a Jun 13 21% Jan 9% 2 27 Dec 313/4 Nov 261/2 May 1 31 Jan 31 % Dec 30% Jan 3 40 May 17 91 98 3/s Dec 98 Jan 5 106 Jun 5% 14%, Jun < 27 Aug 9 % Dec 17% July 28 % Jan 24 Jan 27 Nov 343/4 Jan 25% Jun Nov 85 Feb 76 183/4 Apr 29 4 77 3% Jun 8 Jun 9 Feb Jun Pasco May 9% Jan 3 133/e Jun 23 14 Dec 15% Apr 10 9 12 113/4 Jun 27 13% Dec 11% Jan 13 191/4 Jan 3 Jun 10 Jan 7% Jan 3 11 % Jun 22 3 Jun 5% Jan 4 Jan 5 6% Jun 22 Jun 8% Jan 7% Jan 13 113/4 Jun 16 Jun 34 3/i Dec 27% Mar 30 35% Feb 1 20 183/4 ;Mar 16 3/4 18 16% 161/2 17% 17% Jun 15 Jan 3 153/4 Feb 24 Dec 36% Jan 273/s Jan 3 213/4 Jun 29% Mar 26% Jun 30 49% Jun 55% Dec 53% Jan 17 25% Jun 41% Dec 36% Jun 27 563% Jun 82 Dec 77V2 jun 27 21 23 22 Dec 26 Jan 24 42% Jan 59 3% Dec 53 Jun 29 8% Dec Feb Jun Jan 16 Jun 203/4 Jun 30% 67 Nov 85 4 34% Feb 4 109% Mar 6% Jun 30 Sep 82 Jan 3 34% Dec 30 Jun 19% Oct 16% Feb 86 / 24 Jan 138 36% Mar 108 20% 105 Oct Jun Jan 61% Dec 36% Dec Mar 43% 112% 72 Dee 108% Jun Jun 8 % Jan 16 20% Jun 16% 6% 6% 5 19V8 191/2 18 3/8 19 1/4 183/4 19 18 5/8 19% 18% 19 10,500 1 16 16% 14% 16% 15% 16 143/4 153/4 14'% 15% 32,800 27% *26 3/s Corp No par & P vtc Is & preferred No par 113/4 ♦11 16% 16 '/a 16 6% 6% 100 60% 25 *32% 25 preferred Corp Par Elec & Jun 163/4 Dec 15% Jan Jun 29% Dec 16% Jun 28V2 De« 9"% Jun 13 73/4 11% Feb 11 % Jun 26% Jun 32% Oct 30% Jun 106% 1061% 103% 106% 280 27% 28% 29% 29'/4 28% 29% 28% 28 3% 3,600 58 633/4 56 61 58% 59% 53 583% 54 56 Stores Jun 22% Sep 20% Jan 7% EXCHANGE 32 K 7% 7 90 91% 90 •30% CLOSED 32 30% 303%; 30% 30% 20% 18% 193/4 183/4 193/4 18% 25% 20 Equipment Co 5% 7% 90 6% *88 63/4 r 92 32 63% 61/4 63% 26 Jun 29 15,600 28,200 3,300 6% 91 180 *87 91 *87 30 31 30 30% 183% 19% 183% 19% ' 3,100 1' 2,800 22 373/4 Mar 15 Feb ■ conv cum 1% gtd pfd 7% 3 19% 40,400 31% 32% 31% 32 30% 31% 301% 31% 293% 30% 9,500 103V4 1021% 1023% 1043/4 4% 26 *103J/b 4 23 3/4 137% *137% 104% 4 251/4 138 75 143 148 *52 52 A 52% No par *1150. — *1150 103 103% ♦4 25'/4 *137 *52 A *1100 43% 44 *98% 99 981/e 98% 163/4 17 15 16% 17% 15% 16% . 16 44 *52 23% 137% 73% *137% 72 73% 141 52% 137% 145% *52 A 52% A *1100 — 16 15% - 146% 4 25 137% 76 145 4 3% 24 138 *74 44 44 102 4% 25 30 80 1,460 4 2,500 24% 6,000 130 139 700 73 140% 3,900 52% *1100 . 44'/a 44 42% 983/4 98 98 *98 '/a 16 15% 15% 153/8 15% 4,500 161/2 *98% 43% 151/4 163/a 15% 16 3/8 40,800 43% 5,'JOO 80 99 16% 17% 16% 173/4 17'4 17% 30 24% 271/4 25% 27% 25 26% 25 26 1,760 31% 27 293/8 27 28 26% 27% 26% 27'/a 3,260 preferred—100 29% 30 26% 27 25% 26% 25 26 26 26'/a 870 31% 32% 29 32 29% 30% 28 30% 28% 293/4 14,900 31% 32 291/4 31 293/4 301/4 273/4- 29 3/4 28V4 29 non-cum 2nd 100 Columbia 14 Apr 17 common—No par $4.25 cum preferred w w—No par 123/4 12% ♦58 133/4 12% 62 12% 113/4 *58 13% 12% 62 1234 17 131/4 11% 12% 12 58 17 4,200 '• 13 121/4 12 60 113/4 *56 17 17% '■ 58 11% *55 5,200 12% 113,100 4,400 11% 100 60 No par Co Ohio 33% 343/4 321/4 331/2 331/4 34 30% 32 30% 32% 4,600 -5 21'/a 21% 21 21% 21%. 211/a 20% 21% 203/4 21 4,800 No par Carbon So 52% *70 " 27% A% & A 761/4 *107% 30 1st preferred Columbus 104 76% 20 non-cum Columbian 39 18% 151% preferred 4% 6 71 *38i% 19% 13 22% Mar *70/8 39 18 20 37 71 *38% 19% Colorado <fc Southern Ry com—100 Pictures *70% 185/a No par No par conv 71 38% 3,600 38% 76% Corp 26 109 191/4 ; & Aikman 150 109% 25i% *107% 251/4 70 109 145% Corp 109% 109 39 J/2 *107% No paF Internatl 1093% 25 *107% 17% 109 No par A 1093% 251/a 109 70 137% com 109 24% 5,100 38% 4% (The) Co 1081/4 10 43 19% Feb 66 25% 42% 44% 70% Colo Fuel & Iron Corp com—No par 18 109 42Vi 2,300 40% . 243/4 $3.50 preferred 18 25 45 253% 18 Columbia Broad Sys Inc cl A—2.50 Class B 2.50 Columbia Gas System Inc—No par Apr 109 44% 25% 26% 70% No par 5% 27% 45% 253/4 40% com Collins 109% 27% 44% 27 26% *107% 100 Colgate-Palmolive-Peet 20 *108% 100 preferred—✓ *—100 2nd cum Class 45% 1 preferred 4% Coca-Cola 3 44% No par Cluett Peabody & Co com 8 Mar 4%% RR Co Pitts Clopay Corp 18 Jan & 26% 100 50 preferred 14% Feb 4 24% Apr STOCK No par 5 Co 14% Apr 29 18% 31% 29 Cleve Graph Bronze Co common—1 38 29 58 30% 273/4 4 :38% Apr 14 Oc' Shares share 30% 9 3 19% May 31 29 Sep Sales for the Wee* $ per 85 19% May 31 Dec June 29 $ per share 155 353/8 May 26 9 33% Jun 13% Friday June 30 Thursday June 28 $ per share *75 32% May 27 68 % Wednesday *135 193/4 Jan 29 1,180 SALE PRICES 85 13 Feb 263,700 155 15 48i/4 Mar 60 72 *75 13 .Jun 57 31 *135 Jan 28 57 70 73% 85 16% Feb 27% Jun 56,000 *29 31 69% 155 16% Jan ' 58 % *29 743/4 *75 101 % May 22 13 17% $ per share 56 31 *135 55 14 % Mar 30 7% June 27 59% 723/8. 300 1,400 63/4 25 46% Mar 16 5 16 Tuesday 59 *30 6% 85 813/4 Mar 27 Dec 7534 6% 32% Coca-Cola Dec 61 32% 68 6% 3,700 12% 16 155 165 JanTi Jan 58% 30 ... 16 25 143 52 A May 24 17% 621/4 7 65/fl. *11% 16% *75 Jan 17% 12% 16 *135 112% Mar 16 30 19% ♦11% 15% 1063/4 May 11 Jun 113/4 15% 7 31 3/8 Claik 5 Jun 11% 16% / *105% City 21 Jun 12% 85 5% Jan 7% 79 140 27% Jun 8% 79 107% 137 15 79% 31% Sep Jan 78% 18,000 106% Jan 19 783/4 < 140 203/8 Jun 30 2,800 55 783/a 323/4 t per share *53% 38% Monday share 55 371/4 June 26 § per *53% 32% 82V2 Jun 6% 55 *53% 107% 141% 121/s 64,200 28,400 31% 1073/4 May 29 f 3,200 ; 10 *75 13 Jun 5 3% 30 3/s 107 % com 5% non-cum preferred 100 Cleve Elec Illuminating com—No par $4.50 preferred No par 29 Jun 93% 29 C C C & St Louis Ry Co com—100 Mar 27 15 5 10 30% 100 Gas preferred City Products Corp 6 Jan 97 5 9% 29 6,000 Cincinnati Milling Machine Co—10 C I T Financial Corp—1 No par City Investing Co common 5 5%% preferred 100 23 3% Jun Dec 8,000 b.ou 4% 22 173/4 Jan 10 39% June 24 Dec 100 6.400 9% 373/4 Saturday Feb Feb 14:, 233/4 395/e LOW AND HIGH STOCK Jan Jan 12 3% 133/4 231/4 38% 77% 73 STOCKS YORK 5% 13 3/4 12 24% 93/4 5 10% 31 7,900 35,200 141/4 • 9% 5% 9%. 200 17.200 11% ' 11% 30% 89 x 5 30 55 1 1051/4 42% 55/o 10% 30 5/8 10 Oil—, Dec < 9 No par Cab common 30 Dec 45/8 283/8 80 293/4 Jun July 5% 77% Dec 43% 10 81% 35% 64 934 78% Jun 1075 IO1/4 100 24% Feb 9% 37,500 8% ll3/a 12% 14 25% -76 7% 12 23 39% 3 Jan 15 25 363/4 Special gtd 4% stock 50 Climax Molvbdenum No par Clinton Foods Inc common1 Nov 143/a 24% 10 253% 8% ,'11% 143/4 40 % Cleve 54 13 12% 24% 38 series A Cotton Co RR Co Pac Mar 14 29% 12 3/s lla/4 1,100 9,200 Mar 25 1075 111/8 4,500 *53% par 43 Jun 11% 230 8% 29% 55 preference—No 72 72 11% 4,300 34% *53% convertible 29% Jan 28 137% Jun 113/4 200 27 104 15,200 100 No par com 4 Sep 7% 100 76 77 85/a 2,800 8 253/4 77 8% 13% 103/4 3 172 253/8 78 8% 23% 31% 12 3/8 Jan Jun 13% 93/8 37 Nov 26% *77, 7% 35,800 29 29 143/4 29% 623/4 Jan July 255/B 79 104 8% 29 261/4 100 Feb 70% 26% 8 1 29 343% 353/8 104 10% 12 No par Jan 133 8% , 29 27 27% 34 104 14 5% Jan xl24% 12% 25% *26 35i/4 104 8% 29% *77 265/8 343/4 104 8% 29% 8% 26% 36 12 Apr 47% May 28 101 8 27% 104 24 9% 15% Jun 11% ' 25 73 3% July 343/4 104 79 7% 1 43 21% 37 104 *74 50 10% Aug 1013/4 35% 104 com—No par 112% Mar 29 24 Jan *26% 80% May 16 28% May 145 1 243/4 Jun 14% I6V2 7% 13% Cincinnati 14 29 106% Feb 13% 163/4 *6% • Mar 15 Dec 14% 16% 7% 26% 5%% May 12 Aug 28% 108 ■13% 17 *6% '293/4 4 34 Mar 30 42% Jun 145/8 17 7% Chrysler 24 93 Mar 11 Jun 14 173/8 *6% Chile Copper Co 68% Mar 22 63/g 14% 16% 73/8 12 Conv 32% May 17 79% 13% 17% *6% EXCHANGE 29% 25 143/4 17i/e 26% NEW Feb x20 14% 9.50 28% $ per share Jan 1,200 125/8 , 30 10 26% Range Since Jan. 1 Highest 103% Jan 10 30 Lowest Sep 3,600 10 113/4 Range for Previous Sep 130 85% 10 261/4 Chic Rock 22 323/e 83/8 10 283/4 $3 Jan 16 1051/2 110% *110 8% 10 13 67% May 29 Apr 2,900 27% Childs Jan 8% 34 31% Chickasha 26% 110% 9 33% No par RR Co Chicago Yellow 97% II01/2 8% 9,800 12% 22 $ per share 111 111 9% 10 5/s 5,800 10% 27 19 $ per share 34% 10 30% 24 $ per share 33% 21% 13% 7% Jun Highest 25 2,300 21% 26% 18% Feb Year 1949 9% 341/2 112 93/4 9yA' 9% 9% 35 8% 22% 31% 13% Apr Jun 112 21% 11% 4 Lowest 9% 10% 23 26% 14 34 7,300 6 28% 26 81 2,100 8% 6 13% 31/4 Feb , 17% 8% 6 27 133/4 Jan 7' 17% 8% 5% 303/a 113/4 Jun 3 171/4 8% 133/8 Jan 13 17% ■ 26 3/4 Jan 28 700 30 5% Apr 16% Chicago & North West com—No par 16% 623A Jan *16% 300 5% preferred Chicago Pneumat Tool 13% Nov 45% Jan 111% Co— V Jun 30 1113/4 9 5/s 34% 11 preferred vtc Jun Dec 16% 03/8 No par May Jan *16%' 834 Class B 10 Jan 14,200 171/4 6 (The) xl3 68% 17 17% 8% preferred Chic Ind & Louisv Ry Co cl A 88% Mar 17 120 16% 16% 171/a 45,000 16% 16% 6 341/4 331/8 138 16% 83/4 100 107 163/a 17% 18,100 1373/4 16% 6 80 41% 107 17 3/8 8% 143% 139 16% 9 1,000 11,500 107 17 6% 600 8% 381% 1053/4 34% ' 139 136 % 8% 5% 56% May 17 46% Feb 3 33 107 3,200 11,400 40'/a *141% 42 1053/4 137 6 i/B Chicago Great West Ry Co com—50 347/s May 20 31% May 18 35 138 11,000 *1041/2 143 40 *104% 107% 8% 375/8 39% 143 42 163/4 4 9 37% 1053/4 34 40 A 1431/2 40% *1041/2 *107 A Series *142 41 104% 34% 137 *85/8 142 108'A Corp com__5 West Chic Milw St Paul 9 39% 33 9 : Chicago Corp 4 9 39 *107 11 Copper 111 9% 40 36% Products & East Class 28% Feb' 23 5% Chic 104% *34% 138 26% 12 36 38% 26 22 60 34 Champion Paper & Fib com__No par $4.50 preferred No par 3 Jun Jun 42 1053/4 9 86% Apr Dec 142 142 38 30 15 Jun 142 *104 8% 30 30% 9% 36% 29% 20% Nov 35 9 S/8 413/4 1.25 29 44% 9% 39% Chesapeake Corp of Virginia —5 Chesapeake & Ohio Ry common—25 3%% convertible preferred—100 Jun 2 Vt 343/4 Checker Cab Mfg Jun « 343/4 2 4'A Feb Jan 343/4 5 Jau 11 343/4 10% Jun Feb 9 >/4 37 30 7% Mar 29 7% 4% 35% 50 Sugar Chain Belt Co 16 12% 17 de Certain-teed 11 Apr 30% Jan 5% South Cerro 7 16 % 34% 50 21% Jan Jun 341/4 5 Century Ribbon Mills 22% July 18% Jun 18% 1071% Central RR Co of N J class A 19% May 17 8% Jan 3 17% Mar 30 » 41 17% - 137% B 9% 283/4 39% 183/4 35 ,14% Oct 10% 28 401/4 173/4 35 112% Feb 30 37% 19% 10'/« Jan 113 28% 371/2 19 10 104% Dec 30% 353/4 Central Hudson G & E Corp No par Central Illinois Light common • 4%% preferred 100 Dec Oct 30 37% 18 34 24% 36% 390 17% 31 27% 28% 26 28 27 27'/2 26 27% 26% 27 13,200 57 61% 51% 58% K7 59 53%' 56% 54% 55% 24,500 16% 1634 16 16% 16% 16% 153% 16% 15% 16% 12,900 31% 31% 31% 313/4 30% 31% 30% 31 30% 30% 9% 9% 9 8% 9% Elec Co Combustion Engineering 21% Feb 27% Dec 461/e Feb 60% Dei 13% Jun 20 3/4 Dec 153/4 Jun 25Ve Jan 30% Dec 7% Jun 10 % Aug 243/4 Jun 30% 25% Feb 2V2 21% xl06 30% May 31 673/s Jun 1 51% Jun 27 Conde Nast Publishing Co No par 27 30% Feb 6 Congoleum-Nairn No par 25 2534 24% 25% 24% 24% 24% 25% 243/4 25 27% Jun 27 41 Feb 6 Consolidated No par 27»/4 27% 27% 27% *273/8 28% 27% 271/8 27% 27% 3% Feb 15 May 3 27% Jan 3 33% May 19 1 109% Mar 18 Nov 24% Jun 343/4 Dec Jun 43/8 Jan Feb 29% Dec • 107 May 5 3 114 Gas 21 of 12 Preferred Baltimore common 4%% No par series B_ 100 Preferred 4% series C: 108%.May 24 ' 14% Jan 11% Jun 26 143/8 Jan 10 Feb 11% Sep 9% Jun 27 123/4 Jan 28 38% Jun 46% Mar 423A Jan 3 473/4 Feb 6 Hi/4 Feb 21% 15 203/8 May 5 Consol RR of Cuba 6% 100 Consolidated Natural Gas 8 10 Jun Jan 12 % Ma* Jun xl07/s Jun 27 13 12% Jun 7% Jun 10% Dec 8 Jun 121/4 Apr 10% Jan 25 17% May May 313/a Jun 30 36 293/4 July 36 9% Mar 12 8 Feb 34% Jun Jun 1023/4 Dec 102% Feb 3 95 4 1 Mar 15 Consumers Power Co • com 115% *107 11% 115% *115% 116% *115% 116% 108 *107 108 *107 108 11% 113/8 • 11 3/4 Continental 11 73/4 Apr 28 70% Jun 13 Can Inc common $3.75 preferred-!— Continental Diamond Continental 20 No par Fibre Insurance Continental Motors Continental Oil of Delawar# 5 10 160 115% 108 6,166 11% 9% 10 10 10 443% 443/4 443/4 43% 443/4 44 45 16% 17% 15 16% 15% 163/8 151/4 15% 15% 15% > 11% < 46% 100 11% 9% 112% preferred *107 43% ♦109% 4% 11% 115% . 9% No par • * 11% 45% 9% No par $4.50 preferred: $4.52 preferred 23 783/4 Jan ; 113/4 44 Container Corp of America com„20 Continental Baking Co com—No par $5.50 preferred —No par 10 % May 19 Stores Inc 24 27 25 Retail 24 30 55% Jan Consolidated Jan 8% Jun Oct 108 331/8 54% Apr 65% 100 115% 323/4. Dec Feb pfd 11% 34 Dec For footnotes see page 26. 5 15 115% ♦107 32% 9% 47% 17,000 34% 105% Jun 30 29 1,500 25% 333/4 78% 57/a Jun 107% 25% No par Feb Jan 107 3/8 26% 12 Jun 8% 107% 25% 16% 6% Jun 1.33% Corp 41% Jun , 107% 26 3/8 10% 56% 51/4 Laundries 193/a Jan 30 107% 253% 10% Nov Dec 107% 26% 11%- Jun 373/8 107% 26 15%- 93 30% Jun 107% 27 153/8 Jan 106 107% 26% 10% 51'A Jun 100 107% 113/4 113% May 12 11 81,700 11% 111 30 11,100 29% 14'A 2 24 4% 28% 10% 3 14% Apr 3% 30% 15% 38% Jan 92% Jun 4% 28% 12 1103/a Mar 30 101% Jan 3'% 303/4 4 11% 108% May Dec 4% 29% 14% Dec Dec 4% 30% 11% Dec 900 3% 103/4 Dec 2,300 3,600 28% 1 411/4 18,300 - 4% 10c 110% - Consolidated Mar 16 ' 31% 4 —1 113% 17% 9 30% Co Inc Apr 103 9% Consolidated Textile Jun x98 ' Consolidated Vultee Aircraft Apr Jan 9 6 27% Jan 9 1 1031/2 13 % Consolidated Grocers Corp 23 1051/2 85 9 Elec Lt & Pwr Co 19 117% Apr Mar 30 1063/4, Jun 5 Consol Edison of N- Y com—No par $5 preferred __; . No par 27% Jun 24 Inc_ Cigar Consolidated Coppermines Corp ; Cons 243/4 Apr Jun < 3 30 11 4 11% Feb 13 87/8 Jun Oct .—10 33% Mar 16 29% Jan 109 Inc Credit Co No par 25> 21% Jan Apr Superheater Commercial Commercial Solvents Commonwealth Edison Co 29 * 4,100 36% No par vtc 20,500 16 109 15% 109 30% 1 Co 163/4 109% 19% 107% Co 16% 109% Shades 9% 311/a 23 331/2 Jun 17 1095/8 8% 9% share 39 100 Nov 8 1093/i 83/4 Sales for the Week $ per 34% No par preferred series B vtc 33% 12 16% 110% Friday June 30 2D • 18% 10 Co Ry 16% *109% No par 20 preferred Central of Ga 16 3/8 1091/4 100 common 9% 9% No par preferred Corp 934 June $ per share share 30 /a 100 preferred Central Foundry 103A Mar 29 30 1st $4.75 $ per 39 100 common Thursday June 28 share 8% 1 4.20% Celanese Corp of Amer com Mar 14 10 25 common preferred Preferred 9 xl 14 29% Mar 21 Co Caterpillar Tractor 12 Mar (J STOCK $ per PRICES Wednesday 17% 1091/4 25% 26 SALE Tuesday June 26 1 ' Mfg Co Carolina 23 HIGH Monday June 24 Par 18 AND Saturday $ per share 13 Feb YORK EXCHANGE 17 RECORD STOCKS Year 1949 Lowest (17) *105 10% 11% 11% 10 J/4 10 J/4 10% 6,700 16 15% 15% 75,700 32 32% 31% 32% 22,800 112% 112% 112% 112 112% 112% 112% 1091/4 1093/4 110 109% 110 1093/4 110 43% 46% 106 15% 38% 403/4 107 •105 106 ♦105 45% 106 15 153/4 15% 15% *93 943/4 93 94'A 393% 38% 39% 38% 105 105 103 1061/2 43% 106 *105 ' 15% 93 38% 36% 34% 36% 43,400 1061/2 105»/2 105% 200 8% 6% 2,300 7,200 28,200 67% 12,300 8% 8% 8% 6"% 61 % 6°% 6% 6% 6% 5% 6% 68% 66% 68% _« 68% 703/4 66% 6834 67 106 15% 8% 1 790 600 8,700 92% 63% 6 *105 44% 15% 8% 6% 43% 943/4 15% *93 *103 45% 66% 6 3/8 7,100 4,400 IO1/4 112 443/4 1,500 3,500 - 15% 11% . 109%. 47% 94 03/4 *10 112% 15% 65 10 110 94 ♦105 1 8% 60 83/4 61% 8'A 59 5% 67 61% 4,500 70 18 (18) The Commercial and Financial Chronicle NEW Kssie Since Jan. 1 Year 1949 $ per Lcweat Highest S per share I per share 15% Jan 13% Jan 24% Dec 2i'/4 51 % July 55% May .*3% t per YORK RECORD LOW STOCK AND HIGH Saturday Par share ■ Monday June 26 BALE PRICES Tuesday June 24 EXCHANGE June 27 J per share Monday, July 3, 1S59 . . t per share Wednesday Thursday June 28 S per share $ per Friday share Sales for June 30 June 29 * per share the Week S per share Shares 3 19% Apr 21 Continental Steel 14 17% 18 16% 17% 17% 18 17% 17% 17% 18 27 oun 6,500 ico-,8 mar la 22% 23% ?1% 23 22% 23 22 22 221/4 22% 5.00G 53% 53% *53% 54% 53% 54% *541/4 T"n Feb 12 Jun 17 Corp 3 Cooper-Bessemer Corp common 3 33 prior preferred No-par Copper Range Co No par r t,o a Copperweld Steel Co common 49% Jan 11 1° 2 12% Jun NEW Highest share 11% -Jun 19% Jun 9 STOCK STOCKS Range for Previous Lowest YORK . I 15 May STOCK 54% •53% 50 55 13 13% l«*/8 M'/4 lis */8 liS /» 12% 13I/4 *12% 13% 2.100 EXCHANGE 14% 15 14% 14% 14% 14 J/2 14% 14% 141/4 14% 6,200 CLOSED 47% 47% 47% 47% *47% 48% *471/2 48i/4 47 47% 120 13% 5,700 61 1,150 12 Jun 19 y4 Jan 14ye Jun 27 49 Dec 52 Feb 47y2 Jun 20 7 Jun 11% Deo 10% Jan 3 17% Apr 22 Cornell Corp 1 13 14 13 13% 13% 13% 13 J/4 49% Mar 58 :/4 Deo 3 67% Mar 0 Com Exchange E«nk & Tr Co 20 13% 13% 57% Jan 64 64% 63 63% 62% 63 62 42 62J/2 6 Corning Glass Works common 60 'A 36 11,300 20 Apr 30% Deo 94 Jan 102% Deo 100 Apr It 92% Jan 102 8ep j on 14 Feb 21 57 189 13 62% Jun Dec 73% Jan 28% Jan # • % May 101% Apr 19 102% Mar 21 27 72% Jan 3 Jun 30 3% Mar 5% Deo 4% Jun 30 187% Apr 13 6% Mar 6 1% 2% Ocl 2 6 2% Feb 23 171% Jan Jun 178 Sep Jan 30% Jan Jan 24% Jun Deo 101 % Jun 27 105 Jan 14 y4 NOV 10% Jun 27 14 Jan B Feb 23 29 y4 Deo 26% Jun Jan 13% May 12 32% Jun Jun 8% 104 29 31 30% Mar 30 1% Oct Jan 42% Apr 32 y4 Jun 27 40 Jan Crane Co 3%% 30 Deo ~ 27% Jan 13 36% Jun 12 94 Mar Deo 105 May 99% 102% Jan 11 Deo 99% Jan 3 Nov 24 Jan 16% Jan Nov 72% Jan 54 21 July Feb 31 Apr 16% Deo May 160 12% 5% 60 Feb 14 7 18% 133 73/4 jun Jan 9% Jan 31 71 13% Jan 19 25% Deo 21% Apr 5y2 Jun 25 25 y4 Jan B 29 8y4 145 y2 Oct Oct 122% Jan 16 52 y2 NOT 45% Jun 30 9% Apr 7% Jan 3 Jun 24% Jan 20% Jan 3 Feb 21 22% Feb 17 137 Jan 26% 125 Jan 8 Mar 3 Jan 9 134% Mar 7 55% Jan 28 9% Apr 27 24% Feb 10 138 62% 64% 65 183% *180 *180 4% 4% 4 2% 2 2 2 2 25% 26% 65% 63% 180 J/2 65 7,100 180 178 210 4% 4'A 4% 2,500 2 2 2 3,500 25 19,300 24% 25% 102 101% 101% 12 10% 12 11% 11% 11% 11% 11% 11% 4,800 28% 29 28% 28% 28% 28% 27 28 % 261% 27% 2,200 14% 10,600 15 14% 33% 32% No par $4 2nd preferred No par Crucible Steel of Amer com—No par *104 107 104 104 *104 107 106 24% •99 15 32% 106 $4.2o preferred 59% 18% 18% 16 16% 15%. 180 *160 14% 25 24% 102% *99 102% 14% 13% 14% 34% 32% 32% *32% 34 1,000 32% 30 J/2 32% 30% 313/s 9,600 104% 104% 102'% 1041/4 102% 1031/2 105 102'/a 102% 790 18 ¥4 201/4 9,500 •104 14 107 104 19% 20 19 19% 58 58 57 59 57% 58 18 18 171/2 18 *17'/2 19 16% 16% 17% 16% 17% 180 10 8% 8% 8 •66% 70% •66 *160 8% 100 300 32% *33 18% 18% *160 24% *99 60 20% 60% 17% 100 25% 102% 20% 18% 59% convertible preferred—.—100 common 33% 11% 31% Cudahy Packing Co 4 % % preferred 38 2 14% pfd 180 4% 33% non-cum 63% • 4% 34% 5% 66% 182 4% 302 Cuban-American Sugar common—10 1% preferred 100 21 66% 184% 31 Cuba RR 6% 27 101 ¥4 33% 6 29 1011/4 *100% 8 9 I0y4 Jun *100% 101% HiO Corp common 14 66% Jun 101% *100% No par (2 preferred Feb Feb *100% 101% 2 2 19% Jan Jan Feb Sep 25 175 13% Jun Mar 19% 22 35% 101% •100% 4% 1 Wheat Corp (The) Cork & Seal common Crown Zellerbach May 19 73 Dec 43% 22% Jun 62 27 Jun 4% 109 12 26 Feb 8% Mar Jun Jun 10% Nov 16 17% Jun 15% Jun 5 108% Jun Mar 31 175 May 105% May 3 14 49 160 17% Jan 38 J/2 *100% 101% 64 100 of 38 101 % *182 -29 common 39% *100% *100% -1 preferred 36 101% 101% 1 Creameries of America 41% *100% 100 Coty International Corp. 19 Jun 90 preferred 3 13% 39% % *101 100 Coty Inc Crown 20 5 preferred pfd 3 % % series of 1947 100 Corn Products Refining common—29 Cream 36% 50 Cum 4 19% 5 series Dubilier Electric 3% % 11 Jan 21'/a 96 Convertible pref 5% 70% 180 8% *160 180 16 3/4 *160 16% 140 1,700 270 6,500 180 8% 7% 68% *64% 8 11 11% 10% 11 10% 10% 10% Cunningham Drug Stores Inc—2l50 Curtis Publishing common—No par $7 preferred No par Prior preferred No par 10% lOVs 10% 24 24% 2,600 22% 23 23 23J/4 22% 22% 22% 22 ¥» 2,400 » Cuneo Press Inc Curtis-Wright 6 % 132 Class A 20 Cushman's 19 Cutler-Hammer Inc Sons Inc 7% pfd 6% 6 131 6J/4 45% 47% 47% 8% 8% 8% 8% 21% 22% 20% 22 *330 132 % •130 132% •130 26% 23 25% 24 25 J/4 19% 20 ¥4 18% 20% •97% 99% 97% 97% 16 15 15 17 ¥4 167/8 16% 23 21 22 21% 32% 6% 5% 6 1271/2 128 21J/2 132% 25 8 67 129% 45J/2 8% 22 J% 21% 100 No par 7 ¥4 •64 % 51/2 47% 8% 8% 67 128% 130 130 48% 8% 1 Jan 27% Jun 5% •130 47% 1 common 6% 132 •66 *130 47 31,200 130 45% 1,700 8% 22% 132% _ 45'A 8 ¥4 58,900 8% 231/a 9,100 21% *130 24% 23 5/s 22 4,700 132% 24 ¥4 4,200 D 9 Jun 15% Mar 13% Jan 13 22% Jun 87 Jan 96% NOV 96 Jan 12 99 11% July 14% Deo 13% Jan 30 19% May 10 15 17% May 15% Jan 3 Jan *16% Mar 26% Jan 22% 31 Deo Jun 27 29% Jan 4 21 May 22 May 17% Feb 25 2 17 May 6 34% Mar 17 Dana Corp common 3%% preferred series A Davega Stores Corp -100 .2.60 common. 5% convertible preferred. Davison Chemical Corp (The) 16 20 1 Dayton Power & Light common *16% 21% 7 32% 32% 31% 19% 20% 19 20 19% 20 98% 97 97 96'% 97 15 15 15 15 15 800 17% 165/e 16% *16 17 300 22 213/4 22 22 4,600 31% 32 •97 15 •16% 21% 28,200 400 92 Jan 93 V2 /*ug 96% May 24 102 y4 Mar 21 Preferred 31 3.75% series A 1.00 313/4 •99 100 •99 dm 96% Jun 29 101% Apr 100 99 Jan 100% 99 92% Preferred 99 3.75% B 99 series *983% 97 983/4 97 *96 98 Jun 12 Vb Nov liy4Jan 3 96% 96% 963/8 963/a *96 97 80 14% 15% 9% J»n 13% 14% GVo Jun 14 4% May 27 14% 13% 14% 13¥a 14 7% 8'A 6% 8,800 7% 7% 63/4 71% 63/4 7% 29 Jan 22 Jun 43% Oct 38% Jan Mar 36 y4 Sep 35 Jun 17 30% 31 Jun 26 5% 40% Jaa 9% Jun Jan 3 4 27 Jun 29% Jan 7y2 Jun Jan 3 27 B 17 y4 May 26 Dayton Rubber Co 100 50c 10 Decca Records Inc 50© Jan S 34% Jun 22 Deep Rock Oil Corp 49% Jun 23 Deere & Co 29% 31 48 ¥4 35% 36 35 36 32 33 32 331/4 1 Delaware & Hudson Delaware 3IV2 46% 20 10% Jan 30% No par common 36% May 17 37% Jun 1 17 7% preferred Lack 100 Western & 19 Jun 2%°/8 21% Jan 13 23% Jun 21 19 Jun 30% Deo 24% Jun 29 31 11 Escrow ctfs for 34% Jun 53% Deo 42% Jun 27 57% Feb 27 Escrow 90 ctfs for Dec 14% Deo 12 Apr 20 17% May 26 Jan 23%, Sep 21% Jan 13 24 Detroit Jun 58 Jan 53 •' 4% 15 9% Jun Jun Jan 6 6% Jun Jan 24 y2 Mar 27 21% Mar 13 12% Jun 29 11% Jun 13% NOV 16% Jun '22y4 Nov 20 % Jan 31% Sep Jan 35% Mar 37% Sep 40 45% Feb 9y4 Jun 13% Jun 9% Nov 18% I 40% Jan Deo 6% 12% Jun i.3 Dea 3 11 % Mar 31 7 % 53 8 13 2 14 Jun 14 44% Mar » 19% May 1 9% Jan 9 22% Apr 22 Match Lowest f per share Highest Feb 17 24 y4 Feb 38 y4 45% Jun 10 Jun 25 12% 48% 43 101% 101 16% 78 53% 12% Jan 35% Jan Nov 4 43 y4 97% 112 9% 43 44% 43 43% 44 44% 16 3,300 15% 16 143/4 15% 15 153/8 23% 9,400 23 23¥8 22 ¥4 231/a 61 58 58 61 54 54 98 46 y4 May 4 13% 12 Vb 13% 21 20 ¥s 21 4,400 37% 38% 38% 377/e 2,300 42% 42% 42 ¥a 42% 423/8 42 42% 14% 13 • 13% 13 13% 12% 13% 12% 8% 7% 7% 7% 7% 7% 7% 7¥a 73/4 18% 19% 18 ¥4 18% 183/4 18¥e 183/4 18% 183/4 2) YORK STOCK Saturday Dome No par 13 82 y4 Apr 13 13 72 lliy4Jun 15 Apr 123% Deo 119% Jan 13 156% Jun 9 Dec 24 y8 May 19 y4 Jan 5 16 y4 Mar 10. 86% 20% Jan 81 Oct 19% Jan 27 14 y4 Ocl 11% Mar 27 Mar 7 83% Jan x22 30 Class A Dr. 60% Jan 13 63% NOV Feb 124% Oct 122 y4 Jan 9 Jan 102% Anf 101 y4 Jan 31 Jun Jan 111 12% Jan Jun 14 9% Jun 29 B Ltd Douglas Aircraft Dow No par Chemical Co common $4 preferred series A 3%% 18 Jun 14 Duplan Corp 85% Jun 12 127% Apr 22 106 116 Jun Feb 1 20 11% Jan 10 20% Mar 15% Mar 30 19% Jan 10 13% Jun 30 17 24 13 Jun 27 16% Apr 24 7% Jun 38% Jun 13% Jan 10 Jan 13 18 y8 Apr 19 48 y4 Nov 42 Jun 30 49 y4 Apr 10 164 21% Jan Jun Oct 202 32% 172% Jan Jan 29 Jan 3 13 14% Apr 19 Deo 15 88 Jan 96 Deo 10% Feb 14 93% Apr • 12% Jan 2B Oct 101 94% 6 Jun y4 Deo May 8% Deo 33% Apr 45% Deo Feb 17% 32% Mar 39% 2% 96 12% iy8 Jun 34% Jun 10 y4 Jun 8 Jan Jun 29 13 5 39 y2 Jun 29 Deo 16 Jan 13 Oot 32 V2 Jun 30 Jan 1% Jan 3 Jan 51 Jun 35% Apr 10% Jun 13% Mai 190 35 Feb Apr May 19% Jan 98 May 10y8 Jan 19 3% Apr 18 42% Jan 11 26 13 17% Jun 28% Nov 19% Jun 48 Jun 75 Nov 59% Apr 27 75 42% Jan 51% Oct 49 52% Apr 28% Jan 23% Aug 8% Jun 29 May 14% 24 Jun 29 12 Jun 27 13% Feb Deo 15 Xl6y4 Jan 10 3 7 28% Feb 23-, Feb 6 22% May 17 20 y4 Jun 1 14% Jan 18% Nov 17 y2 Jan 11 20% Mar 17 Jun 35% Deo 29 y2 Jun 27 33% Jan 100% Jan Deo 100% Jan 10 20% Jun ~4% Jun 9y4 Jun 48% Deo 7 fi 14% Jan y8 Jun 27 27 10% Jan 13 27 61% Jan 51% Jun July 3% Feb 68 Jan 60 Jan 9 Deo 4% Jun 27 6% Jun 10% Jan 8% Feb 14 Jun 55 5% 6% Jun 11% Deo 3 7% Apr »y2 Feb For footnote <*•«• oage 7% May 15 13% May 23 57% Jun 5 66 May 25 16 44 Jun 27 3 Jun 29 26 103% Apr 13 24 y4 Jun 5 6% May 5 12% May 10 12% May 8 33 Jun 9 Mar 21 4% Jan 10 STOCK EXCHANGE 200 CLOSED preferred — lli/4 10 ¥4 11 10% 10% 103/4 10 % *10% 11 3,200 321/4 295/s 31% 30 303/4 29% 30% 29'/a 30 6,400 14 14'% 13% 141/4 13 ¥4 14 13 133/4 13 13% 77 79% 75% 78 78% 803/4 77 79% 76% 797/s 10,700 65% 681/4 64% 68 66% 67 61% 663/4 62% 66% 36,700 17% 18 109% •148 16% convertible preferred. 109% •109 151 146% 17% 17 110% *109 110% 146i/2 *135 141 17'% 163/4 173/8 *109 110% 300 17'/4 19,500 83% 82% 821% *82% 84 *82% 84 23 21% 21% 21% 21% 21 21 *19% 21% 12% 11% 121/4 11 ¥4 121/2 12 12 11 ¥4 74% 77% 111 111 10 76% 125 105'/a 124% •104% 84 •82% 783/4 73 % 200 146 '/a 16¥a •82% 12 9,700 146% •21% 12 20 400 3,400 77% 74 ¥s 18% *123'/2 1243/4 1243/8 124% 800 1043/4 104% 104 5/8 1041/4 104% 1,000 111 111% 125 •111 112 111 111 10% 10 10 10 10 18% 17% *111 114,400 1113/4 200 1,200 9% 10 9¥s 10% 18% 18 18% 17% 18 17% 173/4 i 5,700 143/e 141/2 14% 15% 14% 15% 14 14% 13 ¥s 141/4 33,000 13% 14% 13 131/4 13% 14 13 133/4 131/a 133/8 3,500 B 131/8 44% 13% 453/4 178 12% 44% 175 131/4 13 45 ¥4 176 44% •175 13% 12 45 42% 178 174 13% 443/a 175 121/4 12% 7,800 42 42% 32,000 *174 178 70 31% 1 100 33% 30 313/4 30% 31% 30% 31% 301% 313/4 9,900 15% 153/4 15% 151/4 15% 151/4 15 15% 15 15% 2,900 *923/8 94% 2.50 14% 141% 100 common preferred 2,600 11 29% 124 ¥4 •100 '/a 1021% 1 8% 8% B 42 3/4 44 16% 17% 34 34 Electric Storage Battery____No par Elgin National Watch Co__ LB Elliott Co common .10 5%% 50 104 ¥4 Boat common 3 Convertible preferred. -No par Elec & Mus Ind Amer shares. 5% 48% 105 % Electric 26 52 *176 Elastic Stop Nut Co Electric Auto-Lite (The) 23>/ x29% 105 4% % *50% 52 1251/a preferred 4%% 52 18 Ekco Products Co 50 •50% *50% 10 common Edison Bros Stores Inc common 2 2,300 41% 51 13% f 7 12 13% 41 13% 41% 100 Eastern Stainless Steel Corp Eastman Kodak Co common. 6% Shares 13 41 13% 105 Eaton Manufacturing Co. 47% May 31 20% Apr 27 38% Feb 8 Jan Corp the Week share 42% 77% 3 Mar 10 Xl5% Apr 102 10 Eastern Friday June 30 $ per 13% 73% Eastern Airlines Inc Deo $ per share 41% *124% Eagle-Plcher Co 16% Mar 16% June 29 share 13 ¥4 B 7% July Thursday June 28 S per 42 No par No par pfd Wednesday June 27 $ per share (E I) & Co- 1st 21,800 Sales for 13% 110% 1 Tuesday 40% 146 ¥4 Common Duquesne Light 5% DWG Cigar Corp 5,700 44 ¥4 146% No par Preferred $4.50 series Preferred $3.50 series 800 3,800 43% •109% Dunhlll International 12 13 14 No par 80c convertible preferred___100 14% Jan June 26 t per share No par $3.25 2nd preferred Dresser Industries common 42% 14 No par No par 6 9 tper share 1 17% Jan Jun Monday June 24 Dlvco Corp Dixie Cup Co common 18 *42 1,200 LOW AND HIGH BALE PRICES 29 20 * 7% 13 Feb 13% 13% Sep 69 y8 Jan 13'/4 *42% 18% 54 y4 Jan 13 2 Jan Jun 13 ¥4 90c No par 108 3,100 12% 203/4 Pepper Co Doehler-Jarvis Corp Oct 20 6,000 22% 22 13% 4 Sep 223/8 21 36% Jan Dec 22% 383/4 30 72% 22% 20% 29% Jun 57% 22% 12,700 6% 38% Deo 108% 22% 23 55 6% 21% 38% Apr 22% 22 ¥8 *52 '/a 6'A 38 ¥4 July Apr 61/4 20% Par Mines 6% 38 9 Jun 6% 23%. EXCHANGE 11 6% 391/2 Jan 15% 23 *55 6% 13% May 24 13 6 ¥4 39 13 Jun •58 21 % 57 115% 6,700 5,200 45% 28 Jun 26% 141/4 29 Jun 223/8 25% 29 Diamond T Motor Car Co Du Pont de Nem 119 223/g 26% 23% 10% Jun Jun 223/8 24% 46% 42% 48% Jun Sep 22'% 26% 45 ¥s 16% Nov Feb 223/4 26 23 ¥4 No par $ per share 15% Jan 900 5,300 14,800 15% 14% Mar 11% Mar 8% Jan 8 2 A Diana Stores Corp Highest $ per share 7% 23% • Lowest $ per share 9% class common Distill Corp-Seagrams Ltd NEW 32% 8% 8 participating preferred Rang* Since Jan. 1 323/4 7% 22% STOCKS Year 1949 323/4 32% 83/8 8 5 Raynolds Range for Previous 21,700 35 28 22% 6% 8,600 45 22% 1 & '31 35 25 6'/2 Devoe 29¥4 44 22 1 Diamond 33% 31 45% 35¥8 28¥a Detroit-Michigan Stove Co 13 - 19,000 20 . Detroit Hillsdale & S W RR Co_100 23 Jun 32% 8¥a 30 43¥4 *35 210 231/8 Detroit Steel Corp De Vilbiss Co 23% Jun 353/a 7% 12,600 27% 100 Edison 40 Apr 22 17% Jan Feb May 16 24% May 31 7% 32 46 ¥4 31% 22% 100 common preferred (The) Derby Oil Co 20 50 8% 31% 45 V4 •34% ttiVu Rio Grande West RR oi 12% May 19 8% Delaware Power & Light Co—.13.60 Denver Jan 7% 30% 2 •92 13 ¥4 94% •92 14'/4 941% *92% 94% *921% 94i/2 14 14% H00 102% 8% 8 8% 413/4 431/4 42 42% 39% 413/4 40% 41% 8,100 16% 173/a 17% 18% 17% 183% 173/4 18% 16,400 33% 333/4 34% 34% 34 34 32% 33% 1,300 21/8 44,200 •100'% 102% 8 2'A 13<4 38% 39% 37% 10% 101/4 20% 211/4 lOVa 20% 2% 38 10% 203/4 • 2 37% 14 *1001% 8 14 102% 8% 13% *100% 8 2% l7/e 2% 1¥8 38i/4 36% 371/2 36% 10% 10% 20% 21 10% 19% IO1/2 20% 10 % 20 ¥8 14 5,700 102% 8% 2,900 37 2,600 10% 2,200 21 5,500 -80 *49 61 ♦52 61 ♦54 61 *50 54 *50 -90 58 •49 50% •49 50% •49 *49 50y2 *49 —3 50% 50% 26 26 ¥4 24 26 25 25% 25 25% 19 20% 17% B 16% 18% 15% iff Endicott Johnson Corp common—23 4% preferred 100 18% 19 18% preference _. El Paso Natural Gas Emerson Electric Mfg Co Emerson Radio & Phonograph Empire District Electric Co Equitable Gas Co Equitable Office Bldg 22% 23% 1 6% 29% •103 26 19 ¥4 19 19% 17% 191% 18 3 8 17,000 18 17% 18% 163/8 17% 16% 17¥8 152,800 18 % 181/4 18% 17% 18'A 17 ¥B 18% 3,900 29 7/a 104 11% ll3/4 55% 63 63 21% 21'% 21 ¥4 21% 6% 6% 6 3/8 67/B 6% 20,200 6% 18,000 35,300 11% 11 ll¥a 11 11% H'/B 11% 533% 533/4 52% 53 53 53 65 63 63 60% 63 *58 63 230 5% ¥8 130 22 53% 10 % 11 2,200 103 103/4 4% 93/4 36% - 30 8,700 51% •63 9% 9% 29 ¥B 103 213/a 5% •3 29% 103 6% IOV4 35 29% 10ff 22% 9% -2.50 30 104 18 203/4 5% Products Co_ 29% •103 . 6% 7 55 5% preferred series Erie & Pittsburgh RR Co. Eureka Williams Corp Eversharp Inc Ex-Cell-O Corp. Exchange Buffet Corp. 30% 103% Erie RR common Evans 30 103% 8.50 ——— 25% 33 3'A ♦3 5 9% 5% 10% 1,400 5 51/a 4% 5 3,800 9% 9% 93/4 10 5,800 11 10% 10% 97/a 103/4 10 lO3/;, 35 34% 361/4 341% 357/„ 34% 35 3% 4,600 31/8 3 500 3% 3 3ya 3 17.400 Number 4921 Volume 172 Commercial and Financial Chronicle The . ,. (19) NEW Range for Previous Lowest Highest t per share $ per STOCK RECORD STOCKS Range Since Jan. 1 Year 1949 Lowest YORK share NEW YORK Highest STOCK Vatnrday S per share Sper share Par LOW AND HIGH SALE PRICES Wednesday Tuesday Monday Jane St EXCHANGE Jane 26 I per share 19 $ per share Thursday share Friday Sales for Jane 29 June 28 Jane 27 $ per S per share June 80 the Week t per share I per share Shares ■■■/ P r 34 Jim 45% Mar 27 Fairbanks Morse 4c Co 19 Feb 25% 27 26 Apr 8 FaJardo 19 V* Oct 23% Dec 16 Jun 30 22 % Jan 7 Falstaff Brewing Corp ] 15% Oct 14% Jan 3 17% Jun 2 1 15% Dec 15% Jan 3 18% May 10 Family Finance Corp common Fedders-Quigan Corp Federal Mining 4c Smelting Co Federal-Mogul Corp 12% Aug 11 Ma Mar 32 4l% Jan Oct 37Mi Mar 10 22% Jun Jun 38% Jan 35% Mar 11 41 % Jun 14% Jun 18% Nov 17% Mar 20% Jun 12 6% May 6 42% Jun 22 3% Jun 6% Jan 24% Feb 36 95 Va Mar 104 10% Nov 12% Jun Dec Sep 20% Jan 17% Dec 63% July 81% Dec 43 56 105 July May 53 Jan 11% July 21% Dee 107% Mar 4 4% Feb 14 33% Jan 13 103 3 29 17% Jan 3 22% Jun 55% Apr 21 52% Jan 13 67 Feb 15 108 105 Federal Motor Truck Dec 67 Jan Jun 27 31% Jan 26% Jun 27 104% Dec 103% Feb 27 33% May 106 1 Jan 11% Jan 3 Dec 14% Jan Jan 24% Mar 30 3 4% Jun 4% Jun 14% Jun 82 Apr 25 5% Jan 5 7% Jun 29 1634 Jun 30 9% Apr 17 6% Apr 6 34% Mar 10 28 9% May 39% May 4 17% Jun 29 13% Jan 23% Jan 19% Dec 20% May 22 21% Jun 13 Jan 11 107% Mar 7 48% Nov 45 % Jun 27 53% Mar 3 106 Jan 103 Mi Jan 12 11 Dec 9 Ma Jun 27 12 Jan 31 26 166 Feb 8 8 Feb 15 Dec 6 Jun 10 Jan 79% Jan 63% Mar 31 75 Jan 9 31 Jan 25 30% Jan 9 129 Jun 34 Jun 39% Jan 93% Jan x6% Jun 20 Apr 139% Apr 42% Dec 48% Dec 100% Dec 13% Jan 12 18% Jun 12 Jun 29 9% Jan 9 Jun 29 14% Apr 17 110% Jun 30 138% Jan 9 13 47% Jan 13 50 Ma Jun 12 51% Apr 6 99% Apr 103 41% Jan 8 6 4 3/8 Jan 44% Jun 13% Jan 56% Deo 123% Jan 128% Jun 51% Apr 20 124% Jun 13 112 108 , 97 Apr Dec Apr 17 18% Jan 11 Jan 20 13% Apr 21 57% Mar 8 129% Mar 3 115 8 Mar S per share 51% Jun 123% Jan Jan *97 13 Feb 22% Jun 11% July 2% Jun 11% Jan 15% Jun 120 May 4% 20% Feb Jun Lowest Highest t per share 72% Nov 127% Sepv 104% Dec 19% Sep 38% Dec 16% Mar 3% Dec Sper share 122% Jun 15 102% Jan 6 18% Jun 32% Jun 29 29 12% Mar 28 6% Mar 21 7% Nov 22 % Jun 27% Dee 22 102% Jan 21% Jan 101 2 27 Jan 25 Jan 10 19% Jan 3 7% Jun 28 y* 24 17% Jan 72% July 80% 21 Dec 17% Jun 28 % Aug 25% Dec 55 10% Oct Dec 33% Jan 90 Jan 13% Apr 72% Feb 42% Jun 100 18% Jun 2 7 23 84% Jun 23 54 23 58% May Jan 7% Jun Dec 27 12 Feb 9 2 116 Jan 107% Feb 24 19 Sep 13% Mar 24 18 69% Jan 98% Jun 23 72% Deo 104 45% Aug Jan 106 Sep 16% Mar 3% 103% Jan 13 10% Jun 27 112% Jan 11 104% Jun 13% Feb 3 2% Feb 18 4 10 Apr 18 31V* Feb 28 40y2 May 12 29% Apr 14 28 % Deo 26 Dec 100 16% Apr 13 4 Mar 10 Mar Jun 2 27 103 Apr 3 17% Feb 28 Jan 36% Oct 33% Jan 11% Jun 14% 43% Sep Jan 12 Jan 3 33 Jun 29 19% Oct 18% Apr 17 22 144% Mar 137% Jan 3 Jan 6 43% 11% Jun 14% Mar Deo 10 29 24% Jan 33% Mar 14 551% May 31 108% Jun 20 Jan Jan Nov 9 1% Jan 28 % 67 Jan 7% Jun Jan 16% Jun 20% Mar 101 3 101% Jan 20 43% Jan 13 29 Dec 3 24% Jan 11 31% May 3 Apr 62% 6 14 10 Dec 16% Jan 133% July Jun 27 8% 33% Jun May 1 Jan 30% 32 May Apr Apr 27 Feb Apr 4 80 Jan Jun 19 2 May 17 6% 11 4 Jun 24% Jun 16% 93% 13 7 102% Jun 27 15 1% May 3 30% May 11 32% Jun 12 86 Jun 25 25 ♦24 Ma 24% 24 24 24 No par 11% 11% I 9% 9 Mb 61Mi 62 Ma 15 Ma 15 Ma 15% 15 Ma 15% 15% 14% 15 22% 25 Mb 21 Ma 233/a 22 Ma 23 3A 22 23 y4 77 77 y8 76 3A 77 76 y2 76% 76 Ma 76 Ma 65 12 36% Jun 29 Jan 4 13 37 Apr 28 14 Jun 22 44% Jan 10 Mar 7 151% Apr 26 71 Jan 45% Mar 30 7 17% May 23 Oct 12 Jan 100 July 15% Jun 9% Jun 30 July 93% Feb 5 Jan 92 9% Jun 20% Apr 7% July 101 Dec 14 Jan 95 Apr 18% Jan 17 6% Jan 3 100 Jan 12% Jan 13 3 3 Jun 30 11% Jan U 100 Jan 28 29% Jun 12 9% May 13 103% Mav 25 17% Apr 19 54% Dec 49 56% Jun 71% 59% Jan 39 72% Jun 23 16% 22% Dee 18 % Jun 24% Jan 13 41 Jun Jan Jan 30 57 Mar 23 prior preferred— 1 preferred ino 270 18 11% 11% 11 Mi 11% 9% 9 Mi 9% 9% 9% 60 Ma 61 60 6 Mi 7 Mb 7% 17 Mi 62 59 Va 61V8 7% 7 Mi 4,200 7 Ma 16,200 163A •35 Ma 17% 18% •17 Ma 18 Mi *17 18 Mi 18 Mi ♦18 18 Mi 18 18 Mi 18% 19 Ma ' 260 7 Mi 7 Mi 18Ma 26,300 77 16% 36 Ma 18% 1,000 23 Ma ?75 7 Ma 7 Mi 7 Mi 18 Ma 15 Ma 22 y8 17 Mi ♦35Ma 7 59 Mi 58 *143A 7 Mi 7 7 •34 Ma 19% 7 19% *35 Ma 17% 900 ' 18 Ma ♦18 19 Mi 1,400 19% 9,500 4% 4% 4Mb 4 Mi 4Mb 4% 4% 4 Mi 24 3A 25% 25 Mi 25 Mi *243A 25% 24 Ma 24 Ma 17% 18 Ma 17% 18% 17% 18 17 Ma 18 17 Ma 18 20 y4 21 19Ma 20% 19% 20 Mi 19 20 Mi 18% 19 Ma •106 Ma 107 Ma 106 Ma ♦105% 107 Mi 100 4% 107 Mi •106 Ma •lOlMa 103 Ma 149 17 Mi 15 Mi 7 Mb 7 •101 46 Mi 104 . 46 Mi •101 Ma 9% 46 Mi 104 10 9% 10 Mb 149 Ma 10 Mb. 10 148 107 107 45 Mi 48 46 Mi No par General Bronze Corp 5 General Cable Corp com -No par 4ft 1st preferred 100 4% conv 2nd preferred 50 General Cigar Co Inc com—No par 7ft preferred 100 100 36 Ma 17 Mi 18 18 Mi 600 2,300 7 7 7 36 Ma 19 6 Vb 27 4M4 •25% preferred 1,900 1,600 4,800 17 Mi 7 Ma 18 18 36 7 Ma 19 Ma 7 MB 7% 7% 35 Ma General Amer Transportation 5 84.25 preferred series A_*—No par General Baking Co common 5 $8 11 Ma 9 Ma 18 General American Investors com—1 .— 11% 9 Ma 7 Mi 183/a 160 11 Mi 9 Mi 35% 2 1 50 1.66% 10,800 11 Mi ■ 17 Mi 8MB 7 Ma 17% No par Gaylord Container Corp 8% 7% 1 20 3 —50 No par (The) 149 Ma 148% 149 Mi 16 Ma 16 Ma 16% 16 6% 7% 7 106 Ma 46 3A 46 •101 Ma 9% •148 10% 150 7 Ma 7 6 *65 9 Ma 16Mb v.- 500 13,300 110 * 4,300 46 Mi 104 10 9,000 70 150 ♦148 17 16Mb 45 Ma *101% 104 7,700 5,400 6% 16% 5,300 15,100 7 100 68 Ma *65 67 26 14% , 67 67 •65 68 Ma 27 67 •25 27 •25% 27 25 25 *25 26 ,800 14% •14 Ma 14% 14% 14 Mi 14% 14 Ma 2,200 112% 110 Ma 111% 15 113 •112% 14% •112 113 112 112 111 68 Ma 310 General Electric Co No par 46 Ma 48 Mi 45 Mb 46% 46 Ma 47'A 44 Ma 47 45 46 Mi 68,500 General Foods Corp com 83.50 preferred No par 49 Ma 50 Mi 48 Mb 50 Ma 49 Mi 50 Ma 48 Ma 50 Mi 48 Ma 49 Mi -13,600 —No par •101 Ma General Instrument Corp— General Mills common 5ft preferred 3% ft convertible 102 102 •101 102 10 Mi 10 10 Ma 54% 53 Ma 53 ya 124% 124 Ma 124% 124 Mi *124 Ma •109 Mi 110 Me 110 Mi 110 y4 109 Mi 125 110 Mi 110 Mi 102 10 Mi 9% 9% 53% 53 54 125 109 Mi 200 102 102 9 Ma 10 Ma 8,300 2,400 53% 53 125 125 260 ♦106 111 400 LOW AND HIGH SALE PRICES Saturday Monday Tuesday Wednesday Thursday June 24 STOCK Par Jane 26 June 27 June 28 June 29 $ per $ per share No par Gen Outdoor Advertising No par General Portland Cement Co 1 Gen Precision Equip Corp No par 6ft preferred — Utilities 122 Ma 123 105% 104% 104% •104% 105 Ma 105 Mi 105 Mi 105 Mi 105 Mi 19% 20 Mi 19% 20 183/e 19% 18 Ma 19 32% 34 32Mb 33% EXCHANGE 13 13% 13% 13% 6,600 3 Ma 14,100 53,700 34% 14 CLOSED 16% 19% 121 6% 23% 33% 106 28% 28 ♦102% 21 91% 88 36% 14% 33 34% 33 Ma 34 13% 14 133A 14 Ma 3% 3 3 ye 3 Ml 17 19% 121 7 MB 24% 34% 108 29% 28% 104 25% 15% 18% •121 6% 22% 32 3% 16% 18% 123 6% 241/4 33 16 19 •121 6% 23 Ma 33 16% 19% 123 6 Ma 23% 33 Ma 28 3/i 29 Ma 28% 29 Ma 27% 27% 27% 25 Ma 27 27 102% 102% 23% 24% •84% 86 80 •75 80 •102 24 Ma 84 Ma •75 103 25 84 Ma 80 14 11% 13 12 Ma 12 Mi Gillette Safety Razor com 38% 40% 35% 39 37 Mi 38% —5 •83 % No par 2.50 •97 15% •83% 98% •95% ♦102 23% 85 *75 11% 36% 10,400 1,700 31 Mi 32 101 Ma 103 970 102 Ma 25 23% 24 Ma 843A 85 85 Ma 80 *75 50 10,300 . 160 80 13 11 Ma 36 Ma 16,500 12% 38 Mi 37 Ma 94% 94 Ma 17% 16 17 Mi 85% 84 84 Ma 84 Ma 84 Ma 18 17 17% 17% 18 Ma 17 Mi 17Ma 24% 27 26 27% 25% 27 Mi 56% 56% 56 Mi 56 Mi 55 56 8% 22Ma 23 Ma 103 97 8% 13,700 2,200 I6M1 8% 50 6% 7,000 17 9% 1,900 18% 121 6 Ma 26 Ma 28% 7% 16% 28 Ma 56% 50 18 121 900 28% 17% ♦55 3 153/a 2,600 3,300 9,900 .26% 102 Ma 26% Glldden Co (The) common—No par 4% ft convertible preferred 86% 23% 32% 105 29 86 17% 32% 6M1 28% •75 16 Vb 22 Ma 102 I8M1 123 105Mi ♦84'/a 100 6 Ma 3 Mi 16 Mi 104 Mi 24% •97 18 Ma •121 . 105 5 No par $5 convertible preference—No par 3 15 Mi 104% 12% $4.50 preferred 311,700 85 Ma 122Ma 85 100 100 Gleaner Harvester Corp Shares 87 Ma 89 Ma 122Ma 93% Georgla-Pac Plywood & Lumb Co—1 Glmbel Brothers common S •ner share 85% 123 Ma 20'A No par 100 10c 4% ft preferred 3% ft preferred $ vr shnre 90% 1223A 5 General Tire 4c Rubber Co com share 123% 3% 1 No par 20 General Time Corp common—No par 4% ft preferred ; 100 f per 123% 105 STOCK No par Refractories f per share Sales for the Week 123% 90 10c General Public Service share Frlo»y June 30 123% Preferred $3.75 series 8% •93 163/a ♦84 14,000 97 100 17 57,700 86 400 5,100 17 Ma 18 25% 26% 23,000 *53% 55 Ma 400 8% 8% 10,100 1 100 Goodrich Co (B F) common—No $5 preferred No Goodyear Tire 4c Rub com—No $5 preferred No Gotham Hosiery. No Graham-Paige Motors Granby Consol M 8 Ac P Grand Union Co (The) Granite City Steel 9% 9% 109% 109% 10 Goebel Brewing Co Gold Ac Stock Telegraph Co Goodall-Sanford Inc 16 Vb 16% 15% 16% 15% 16'A 15% 15% 15'A 15% 7,700 91 95 89 95 90 93 86% 92 88% 90'A 19,900 par 103% par 51 par par •106% 103% 52% 109 ♦108 102% 48 106% 103% 49% 50% 106% 106% 10% 11% 10% 11% 1 5 10 1% 1% 1% 1% 1% 110 108 •102% 103% 102% 102% 300 48 50% 107 % 48% 49% 23,200 107 % 107% ♦106% 11 1% 11 1% 11 1% 600 11 2,400 1% 31,000 7% 7% 7% 7% 7% 7% 7% 7% 7'A 31% 32 Mi 32% 33 y4 32% 32% 31% 32 35 35% 32% 35% 33% 34% 10,500 26% 2,400 35% 36% 31% 27% 27% 101% Grayson-Roblnson Stores com 1 $225 conv preferred No par Gt Northern Iron Ore Prop—No par 14% 1 108 33% 101% Greenfield Tap 4c Die Corp—No par 108 7% 14 % No par No par 100 100 108 32% 27% 7ft preferred ♦102% 11% 101 % Green Bay 4c Western RR Green (H L) Co Inc— 51% 107 108 1% 5 Gt Northern Ry 6ft pfd Great Western Sugar com 102% 108 11% 100 preferred 109 par No par Grant (W T) Co common 3%ft •101 10% 55 Mi 125 General Motors Corp common It $5 preferred —No par General Realty 4b 102 10 54 Ma 1 No par 100 preferred—100 . 34 34% 13 ♦33% 36'A 27% 102 13% 27 27% 26 3,600 2,900 27 Vb 27'A •101 Va 102% ♦101% 102 Va •101% 14% 13'A 13% 1°% 14 2,800 •33% 34 240 14 34 •33 Mi 34 •33% 34 50 102% 13% 13% 13% 14 13% 13% 13 13% 13 13% 5,100 34% 35% 33% 35'A 34 35% 33 34% 33% 34% 15,400 18% 19% 18% 18% 18% 18% 18% 18% 18% 7,300 149% 149% 149% 149 % 148 % 148% 148% 148'/a 18% 148% •68 149% 70 •68 70 190 70 ,20 37% 38 5,100 15 15 ♦68 70 70 70 38% 39 37% 38% 37% 38 36% 38 16 16 14% 14% 14% 14% 14'A 14% 10 9% *9% 9% 9% 9% 9% 9% 9% •69 (The)— 1,400 3 9% 98% 98% 98% 97% 98 97% 97% •97'/a 98% 100 1 1 98% 54,800 190 26V4 27% 25 27JA 27% 29% 27 28% 27% 28% 29,700 7% 7% 7% $5 convertible preferred No par Gulf Mobile 4c Ohio RR com.No par •103% Common 4%ft preferred Grumman Aircraft Corp Guantanamo Sugar common 85 preferred Gulf Oil Corp Gulf 8tates Utilities Co , . —j For footnotes see page 26. 210 24 Greyhound Corp 9% 86 Ma General Shoe Corp Gen Steel Castings $6 pfd General Telephone Corp Jan 7 8% Jan 25 10 26 Mi 86 Ma ♦24% General 68 98% Jun 15% 25 Ma 88 25 26% May 20 77% Jan 23 Jun 15 Ma 27 87 Ma 25 35 128 12% Feb 37% Dec Jun 11 17% Apr 21 73 Jun 12 7 77% Apr 34 16 25% 88 EXCHANGE 127% Mar 64 52% 15% 27 M4 88 96 Va Gen Railway Signal com Jun 100 15% 26 88 Ma 32 24% Feb 17 99% Apr 15% Jun 5% Jan 16Mb 26 Mb 88 Ma 96 126% Feb 23 28% Jun 27 x95% Jun 14% Jun 15 Vb 25% 90 31 26 Nov July 16% 27 96 30 31 48 16 26 Ma 32 % NEW YORK 105% Jun 23% Apr 38 Jan 16 Ma 24,900 1,100 14,000 15,200 14,200 30 Ma Jun Jan 14 Va 19 Ma 95 y4 Jun 91 13 Ma 13 Ma 19 96% 18 30% May 2 101% Jun 30 79% Jun 12% Jun ♦13 Ma 14Ma 16,600 33 M4 121 Jan Jun 13 Me 13% 17 100 20% Jan Mar 19 y« 13 Vb 15 14% 1,100 16 Ma ♦88 Ma 1 124% Dec Dec July 18% 13 3A *13 10 22 10 General Public Utilities Corp 34 Sep 5% Jun 19% 240 106 Va 100 18% Feb 20 122 67 19 V* 143A 30 Mar 18% 17Ma 13 Mi 15% Jun 24% Jan 16% 20 4% Mar 23 3 99% July 22% Jan 24 17Ma 13 % 27 Nov 17%. 17 15 Vb Jun 17 17 »18 14 Mb t per share 99% Jun 26% 32% Highest 68% Jan 13 ♦21 21 STOCKS Range Since Jan. 1 Year 1949 ♦105 21 y4 21% 96y2 Range for Previous Lowest 16,700 27 M4 105 Ma 106 y4 21V* 34 84.50 preferred 9% Apr 24% Jun "l 17 Jun 27 Mi 26% 105 Ma *105% 10 (The) Gar Wood Industries Inc com 4% * convertible preferred Jun 65% 2,000 2,400 22 Va 13 Garrett Corp 6% Apr 18 30% Apr 29 6 12% 96 Gamewell Co 105% Mar 71 12 28 Ma 18 Ma Gardner-Denver Co Jun 69 Ma 12 Ma 31 Ma 1j>% Mar 16 21% May 20 148 72 12 106 M» 13 y8 Gamble-Skogmo Inc common 8% convertible preferred 9 3 163% Jan 71 Mi 21 Ma 20 Ma , 27 Oct 13,200 95 3A 20MaApr 25 105 2,400 60% 105 M4 59 Ma 62% 33% 3 3 60 Ma 59 Ma 105 M» 60 58 Ma 96 10 Jan 28 27 1,400 5,100 105 59 105 32 Jan 18 105 M4 26 Mi 13 Mb Corp common. xl7% Jan 3 62 M4 61V* •105 18Me •105 Ma 20 Gabriel Co (The). Galr Co Inc (Robert) common 6% preferred 9% May 19 18% Jan 62% 62 y4 64 30 10 y4 18 ya 95% 4ft 4% Jan Jun 18 Vs Fruehauf Trailer Co common 13 24 3/4 Jun July 19% 38 Ma 10 M4 22 Ma 17% 7% Francisco Sugar Co Franklin Stores Corp Feb 9% 18Ms 4,800 12,500 106 106 10% 193/a 10 8ft 32% 152 18% 19 Ma 106 10 y4 No par , Foster-Wheeler Jun Jun 10% 10 Proedtert Grain 4c Malting Co Inc.l 99y« Apr 24 36% May 22 Jun 107 •10% No par 3%ft convertible preferred 3%& preferred 3% 99 10 Ma 37 M* 39% 36 Ma •105 Ma 10 Va 29 22 Food Machinery 4c Chem Corp 7 Oct 39% 105 105 106 Ma ♦105 5 43A 5 4Mb 106 Mi 28% *105 Ma Follansbee Steel Corp Food Fair Stores Inc 21% 15% 103% Jan 41% Sep 1 No par Florida Power Corp Florida Power 4c Light Co Florshelm Shoe class A Jun 29. 15% Jan 10% 38 Ma 39 37 Mi 106 Ma 10 Ma No par 16 Ddc 40 37% •105 Freeport Sulphur Co 6% Feb 2,600 No par 26 16% 10% Jun 5 ,100 com 84 preferred 67*% May 20 19% Feb 3 17 1,200 17Me 12% 29 Apr 38 Ma 17 Ma 71 Ma 57% Jan 13 17% Dec 38 Ma 18 3A 12% 11% Jan 10 19 39% 18 5 Ma 71 M4 3 Jun 38 Ma 18% 5 12 Mb 3 Feb 38 18% 53/b 73 9 % Feb 15 38 i8y2 4% 12 9% Jan 13 38 Ma 17Ma 5% 71%' 25 Mi May 20 12 Mb May 9 Jan 37 20 4% 13 30 41% 40% 18% 74 Jan Oct 40% 12 Mi 24 Oct 17 Ma 73 Ma 25% 31% 17 No par 25 7% 17 Vb No par Jan 7% Apr 16% 105 Mi 29 18% Dec 9% Jan 6 > _5 Florence Stove Co 30% Jan 18 96% Feb 10 30 Mar 17Ma 100 96% Oct 33% Dec 75 16Mb No par preferred 86 Va Jun 78% Feb 17 Va ' ! 92% Nov 67 17% 16% First National Stores 15% Jan 10 17% May 2 19% Feb 27 Feb 17 Firth (The) Carpet Co Plintkote Co (The) common 22% Mar 23 20 15 63 Ma 5 14% Jun 14% 105Mb 27 Nov 15 Vb 105 Mi 4% ft 9 Apr 17% Dec 23% Deo 14Ma 105% May 18% Jun 60 io',4 613A 13 Feb 15 Mb 62 Mi Oct 11% Jan 16% Jun 15Mb 64 Mi 15% 24% 14% 29% x38 15 64 12 12% Aug 10% May 16Mb 19 20% Mar 17 Jun 15% 63 29 Sep CLOSED 17% 62 M» 16% Jun 8 3,600 8,000 10,900 17 Mi 10 Dec Deo 2,500 16 , 18% 25 18% 21% Jun 8% Nov 5,600 22% 16 Firestone Tire 4c Rubber 13% Jan 95% Jun 41 Ma 22 Va 16% Fidelity Phoenix Fire Ins N Y 2 Feb 40'A 23 16 Ma 8 4 19 V* 403A 22 Ma 17 Ma 22 Jan 89 40 23% 17 Jun 27% Feb Apr 41 23 Mi 20 Mi 29 Feb 40Mi 23 Mi Ferro Enamel Corp. Jun May July 413A 22 Ma 9 21 8% EXCHANGE 5 4%ft preferred Jan 78 STOCK 2 Felt 4c Tarrant Mfg Co 28 20% 40 Ma 24 17 Ma _1 Federated Dept Stores common 76% Apr 3 14% Jan 20 17 12 Jun May 9% Sep 42 83% Feb 98% Jan 18% May » _20 — 106% May 25 13% Jan 12 Jan 10% Jun 17% Jan 69 20 41% 23'A No par * Sugar Co 7— No par 25 —No par 7% 7% 105 15% 7% •103% 12% 7% 105 14% 7y» ♦103% 13% 7% 105 7% ♦103% 14% 13 105 6,800 ♦103% 105 14% 13% 24,400 14 % 13% 52% 54 53 51 51% 49 51 68 y, 70% 66% 69% 67% 68% 65% 68 65% 67 21% 22% 19% 22% 20% 20% 19% 20% 18% 19% •52% 53 52% 1,800 - 22.600 28,300 20 The Commercial and Financial Chronicle (20) NEW Lowest Highest $ per $ per share share NEW Range SWice Jan. 1 Year 1949 I per STOCK share j / YORK LOW STOCK Saturday EXCHANGE Highest Par S per stihre HIGH AND Monday SALE Tuesday June 26 June 24 $ per share . Monday, July 3, 1950 . RECORD STOCKS B&nge for Previous Lowest YORK . June 27 S per share PRICES Wednesday Thursday June 28 t per share $ per Sales Friday June 29 t per share June 80 share $ per for the Week Shares share H 31 Jan 39% Dec 32% Mar 21 46% Feb 14 Hackensack 16% Jun 24% Dec 22 % Apr 20 31% Jun 23 Halliburton 12 Jan 14% Dec 14 May 24 15% Jan 12 Hall 14% Jan 12 Hamilton Watch Co ll'/< (W Waier Oil F) Jun 15 Jan 71 Jun 26 104% Apr 108% Nov 104 Apr 11 108 Jun 5 Hanna 18% Nov 23% Jan 20 Jan 3 24 Jun 5 Harbison-Walk Feb 141 148 11% Jun 142 81 61 80% Feb Jun 30 25% Dec 23% Jan 3 27% Jan 12 7% NOV 5% Jan 3 7% Feb 10 Oct 64% Jan 5 75% Jun 26 11 Jan 68% 6% Jun 10% Dec 9 Jun 30 Jun 9% Jan 6% Jun 30 Feb 25 21 Dec 20 % Jan 25% Jan 95% Dec Jan 93% Dec 29 3 103 Jan 33% 33% 33% 33 % 29% 26 29% 27% 28% 26% 27% 27% 28%. 14% 15 14% 14% 14% 14% 14 14 % 14 15 6,d00 A) Co 11% 2,1,00 100 10 4 41 Jan Apr 106% Jan 6 3%% Heinz 3.65% Jan Jan 32% Dec 29% Jun 30 42% Dec 40 % Feb 7 13 % Jan 17% Aug 14 Jun 29 20% Mar 3 Hercules Jun 53 49% Jan 23 58 % May 19 Hercules Powder 127 % Mar 13 Dec Mar 10 Feb 131 Sep Jun 13 26% Mar 45 Dec 40 Jun 27 48 53% Dec 53 May 12 56 5% Jun 52 Feb 122% Nov 51 % 124 W) 5 39% Jun 29 32% Jan 13 50% Nov Jun Inc Furnace Hollander 18 19% Jan 9 29 % Mar 7 47% Jan 11 (A) & Homestake Apr 100 Jun 116 Dec 109 Jan 13 132 May 9 $4.50 2nd 94% Sep 101% Dec 101 % Jan 12 107 May 24 $4.25 Sons 9% Jun 13% Dec 11% Mar 25 14 Jan 9 30% Jun 34 Jan 10 82.25 38 % Feb 10 Household 30 Feb 35% Nov 28% Jan 41% Nov 33% Apr 26 86% Jan 99% Dec 94 29 40% May 10 99% Mar Hooker 103 % Jun % Jun 103 % Jun 29 4% 46% Jan '/\ iv—» 30 13 56% Jun 19 Houston 12 59% May 19 Houston 19% Apr 27 Howard 44% Jan 9 29% Feb 12% 31% Jun 16 Oct 15 Jun 46% Jan 33% Jun 27 44% 38% Jan Oct Mar 22 4% Jun 11% Dec 7% Jun 27 8% Jun 17% Dec 12% Jun 27 33% Jun 47% Jan 35% Mar Feb 14% Oct 13% Mar 11% Jan 8% Jan 9 8% Nov 1% May 10% Jun 11% Mar 13 17 Hudson Mar 13 9 42% Feb 1 17% Apr 29 12 14 %Jun 5% 2 6 & 52% 52% 18 11% 12 % 70 69% 70 12% 11% 12% 71 70 70 12% 11% 12% *69% 12% , . *16% 18 11% 12% 11% 12% 16% 16% 15% 3,000 13% 12% 12% 12% 12% 12% 12% 12% 13 2,200 26% 27 26% 27 26 27 26 27 4,500 *11 16% 16% 11% 11 11 17% 16% 16% 25% 42% 26 *25% 43% 11% 35 •118 102% 103% 103 % 12% 11% 31% 36% 43% t 55% 25 40 19,600 35 36 3,600 *115 120 104 104 104 104 *103 104 11% 11% 11% 391/4 42% 11% 11% 11% 31% 31% 31% 31 31% 30% 30% *30% 32 1.1C0 36% 35% 36% 35 35 34% 34% 34% 35 3,000 95 96 94 95% *95% 96 % *95% 96% 80 103% 103% 103 % 103% 370 56 53% 55 ♦52 54 51% 54% 49% 52 51 17 16% 17 17 17 36 33% 35 35 54 52 % 17 35 35% 8 7% 7% 100 13 13 12% 13% *12% 8% 8 49 34 50% 9,600 171/2 1,200 34 35 8% 3,100 49 17% 53 *16 51 *16 8% 52 54 12% 34 % 3.200 8% 5,200 8% 8% 13 13 *12% 14 38% 39% 38% 39% 38% 39% 38% 39 15% 13% 15 14% 15% 14 14% 14% 14% 12% 11% 12% 11% Car 12.50 22 Hussman .6.66% Hupp Corp 13 12% 13 % 3% 3% 21% 22% NEW Range Since Jan. 1 Highest YORK 12% 2% No par Co 18% STOCKS Lowest 11% 1 Refrigerator LOW STOCK Saturday 'EXCHANGE Monday June 24 f per share Par S per share 20 30 8,300 97% 100 common 1,000 37 l preferred 600 1,200 25% ,25 % 118 39% 36'/a 5 c Corp • 35 36 % __ No par 26 116 37% 123 100 v *25% 12 17 16% 126 11% •96 11 17 *121 103 % 11% 11 17 25% 42% 15% 16'/a 11% 25% 42% 42 % 39 126 37% 15% 17 *16% 26 123 16'A 40% 4% Apr 100 13,200 28 14% 25% Apr 1,000 2,000 20,200 13 38% 3 10 - 70 *69 Motor 13 share 52V2 16% 12% Bay Min & Sm Ltd—No par 1% Jan $ per 52% 18 11% Hudson 17% Jan share 52% 17% 12% 10% Hudson Jan $ per 52% 18 18 16% 50 Hunt Foods Inc Dec Highest 53% •52% 13% 11% Co Bange for Previous Lowest 800 *124 27 100 Manhattan 2% t per share 3,600 54% 19 12% 5 ... non-cum 18% Year 1949 41% *531/2 No par com Texas of 41% 54 Va No par Light & Power.. Oil 42% 53 •70 Finance common..No par Stores 41% 53% •16% com preferred Sound 42% 54'/a No par preferred Howe 41% 54 12% 12.50 Co preferred conv 3%% 9 60 54% 30 pfd series A Houdaille-Hershey 23 1,600 401/2 42% 10 Electrochemical Jun 29% 40% *103 124% ..5 preferred Dec 34% 29 '/a 40'A 103% 1 Mining *24 29 % 40% 5 ... preferred conv 440 29% 103% 40 •54% 17% 10 Co Holly Sugar Corp.. 12 5% 103% 30 41% *40'A •124 44% 54%' 52% 5 Co 14% May 10 •54 100 Corp Dauch Paper (Charles E & Co 1,100 124% I Holland 35% *124 5 Hires 8 103% 29% < *34% 124% 50 Hinde 16% May 31 41 103% 35 1,100 98 % 124% preferred series B 17% May 22 9 4 14 103% 30% 41 103% 35 *97 *124 Jan 29 30 41% 35% 4 124% May 12% Jun 30 % 42% 50 14 14% Jan 35% 29 3 98 % 124% —100 80 25% Jan 103% 30% No par com preferred series A 6 Sep 103% •41 21% 25% *97 1,800 29 Sep 35 21 30% 98 % 11,900 11% Mar 28% 35 % 21% 21% 30% *97 98% 35% 14% 69% Jun 16% Apr 25% Jun 35 4%% Dec 21% 30% •97 33 52'A Sep Oct 2, (00 30'A 21% 29% 98 % 14 Dec Jan 21% 30% 21% 32 51 12% 15% 211/8 21% •97 280 14 84% 22% 12,700 53% Heyden Chemical Corp 3 % % preferred series A Jun 7.900 6% 14 Hewitt-Robins 16% 9% 6% 52% 18% Jan 24% Mar 34% Jan 9 6% 75 14% 22% Feb 10% Apr 9 % 6% 75 53% 3 Jun 9% 6% 75 % 53 21 8% 9% 6% 75 14% 27 Dec 9% 6% 75 % 14% 10% Jun 15% 74% 9% 6% 75 54 15% Jan 15% 74% 9% 75% 14% x51% Apr 29% 2,500 52% Jan Jan 2,100 5% 14% Jan Jun 24% 5% 54% Dec 12% 40 . 24% 5% 14% 21% 20 141 141 25 53% preferred Hotels 144 9% 4%% Hilton 5% *141 No par ... Hershey Chocolate 4 24% 6 5,200 common...No par 21% Dec 25 200 21% 7 lQ 52% 8% May 11% Jun 144 25 5% 21% 6% 25 Nov 77 ♦141 24% 70 71% 107 9% 100 preferred *13% Aug Jun 143% 25 53% Feb 14% 22 21% 5% *5% 11'A 71% *106 75% 5 common:. non-cum 11% 72 107 106 24% 6 15 preferred (G 7% 22 % 21% 22 * 143 % 25% 6 100 Motors 40 Helme 33% Mar 16 146 21% 11%' 71% __ 107 1 common Jan 44 24% 11% ♦70 *106 200 30,500 2 Co 98% 73 107 23% '143 % Glass Co 23% 34% 105 22 11% 11% •70 •106 34 *33 100 common..... J; 11% 71 106% 1 common •33% 11% 11% 71 POO 10 Marx preferred (H CLOSED 100 & Corp, Hazel-Atlas 9 Mar 20 Mfg STOCK EXCHANGE com—No par preferred Hecnt Co 5 pfd_.No par Refrac bcnaitner Hayes 33 % Mar 16 98% Apr No par com $4.25 Corp of America 4%% preferred Hayes Industries Inc 7 24 % Jan 6% 10 8% Jan 3 Feb 35 Oct 37% Jun 25% Jan Dec 84 30 34 28% 5 preferred (M 34 •33 5 Co.— Hat 149 Mar 31 conv Hart Jan 5% 19% 4% 8 Jan May 20% 4% Dec 13% 72% July 25 Cementing Well Printing June 26 S per share 12 3 3% 21 AND HIGH SALE Tuesday 19 6,800 2% 3% 23.600 19% 19% 5,700 PRICES Thursday Wednesday June 27 $ per Friday June 29 June 28 j per share 12% 3% 19% 2% 3'/a 20 % 19% 900 5,500 44,400 :* share $ per June 30 S per share share Sales foi the Week Shares I 31% Jun 22% Jun 36% Dec 34% Jun 29 40% Mar 15 Idaho 36% Feb 73 Dec 34% Jan 25 42% May 31 Illinois Dec 82% Jun 29 98 Jan 3 13 100 Power Co 20 Central 6% RR stock RR non-cum Co ser Jun 34% Dec 34 Jan 25 40% Jun 25% A 1000 Jan 37% Nov 34% Jun 30 41% Mar 23 Illinois Power Co common No par 52% Jun 9 50 9% Jan 4 4.08% cum preferred Illinois Terminal RR Co 7% Sep Jan May 22 10% Jan 29% Dec Jun 8% Jan 28 9 33% Mar 53% Dec 42% Mar 28 55 72% Oct 63 21% 4 Jun 7% Jun 27 Jun 30 23 6% Jun Jun 33% Mar 27 Jan Feb 175 Apr 10 43 Jun Industria May 16 71 series 12 Electrica Jan Apr 163 Jan 6 May 41% Jan 38 Jan 26 Jun 18% Jan 12% Mar 30 15% May 19 Inspiration Cons Jan 10% Dec 10% May 11 8 2 6% 16 22% Jun 22 31 x98 % Apr 19 9% Jun Il457/a Jan 2% Jan 13 % Jan 234 1% Jan 12% Jan Dec 22% Jun 29% Dec 164% Jan 180% 210 Dec 5% 24 Feb 10 Jun 25% Jun 173 Dec Jun 9% Jan 2% Jun 16% Jun 27 12 Jun 34% Oct 31% Jan 73% Jan 86% Oct 84 Jan 4 3% Feb 6% Dec 4 Jun 26 31% Jan 25% 133 Jun Dec 143 25% Mar 31 Feb 33% Dec 37% Jan 103% 130 % Feb Nov 4% Nov 7% 24 33% Jan Dec 94 25 25 104 Feb Feb 5% Feb 1 14 240 16 13% Apr 40% Jun 22 88 ^ 24 Feb 9% May 30% Jun 137% Jun 48% Jun 109 Jun 7 Canada 41 Jan 8% Apr 12 64% Apr 12 60% May 27 International 46% Oct 38% Jun 30 46% Jan 38% Jun 57% Jan 44 Jun 27 54% Feb 4 30% Aug 7% Jun 34 Jan 33 Jan 13 3t> % May 1 9% Jan 3 14 July 20 Dec 17% Feb 17 22% Jun 19 Feb 23 Aug 20% Jan 27% Jun 22 14 24 Jan 34 Nov 29% Jan 45 Jun 32 Jan 27% Jan Feb 2% Jun 11% Jun Jan 44 Jan 95% Jan 30% 29% 102 Jun Jun Feb 7% Dec 18% Jan 14% Jan 5 Dec 92% Jun 27 59% Oct 56% Jan 3 105% Dec 50% Dec <94 54% 109 5% J-n 103 Jun 26 43% Jun Dec Dec 27 29 ">% $6 3 13 35% 13 Jun 33% Jan Jun 86 Jan 81% Jan Dec 40% Mar 24% Apr 18 90 Jewel Jun (F 12.700 14 Va 9,200 10% *10V'a 175 10% 5 20% 21% 19% 97% 97% *96% 5 L) Tea Johns 10% 6 28 175% 11% 37 38 3A 85% 85% com__No par 28 136% 4% 29 136% 7.50 43% 46% No par 106% 106% com 7 loo 57 *54 No par 25 common 10% ♦173 7 57 222 25% 175 9% 35% ♦81 175 *173 175 200 10% 10 10 % 1,500 20% 21 19% 20% 18% 20 9,800 ♦96% 10% 20% 98 98 95'A 97'A *95% 97 ♦1% , 14'/a 224 227% 174 11 38 25% 37 *81 2 1,600 14 18.300 210 25% 26% 174 174 150 *1% 14 226 222 27% 175 10% 87 13% 13% 1% 1% 2 14% 226 26% 27 % 175 10% 173 220 26% 173 3,GOO 62.800 310 9% 38% 86 10% 9% 9% 20.700 35% 10% 37 % 36'A 37% 16,200 86 84 84 *81 200 4% 4% 4% 4% 4% 4% 4% 4% 7,400 27% 28% 28% 29% 27% 28% 27% 28% 55,900 134% 136% *135% *136% 41 106% *6% 137 136% 45% 43 106% 106 40 % 44% *6% 7 * 136% *105% 106 6 7% 55 57 *56 *51 56 55 39% 39 3.9 % 39 39% 46 47% 44 46% 46 75,300 1,000 6% 1,600 6 Va 6% 450 46 56 55 56 57 55 55 39 38% 38% 2.800 46 56 39% 300 43% 106% 38% 57 58% 136% 40% 106'A 42 % 109 46 Vis 45 46 2,400 35 55% *55 300 ' 36 35 35 35 12% 12% 11 12% 11% 12% 11 11% ll'/a 11% 195,900 20% 22 19% 21 20 20 19% 20 19% 19% 4,800 23% *35 35 *34% *34% 35 300 common Co 25 22% 24% 23'/a 23% 23 23% 4,500 32% 34% 32% 33% 33 33 33 33 V8 32 33 2,800 50c 28 28% 28 28 28% 28 % 28 28 28 28 % 1,900 i Coal *138 138 138 *136 140 *136 140 23% *136 24IA 140 140 50 j, 6 No par *17 17% 17 17 16% 16 % *16 16% *16 pfd„100 94 94 92% 94 93 93 *92'/a 93 % 93 93 No par 65 65 59% 61 61 62% 60 % 62 % 61'A 61% ioo 103 104 Co Inc common Corp Johnson 6% 5% *102 5% 6'A 104 0 5%' 5% 103 104 *103 5 'A 5% *103 103 5% 16% 9,600 400 120 1,800 104 60 No par 46% 48 Va 44% 48 46% 47% 43% 46% 43% 45 22,800 12% 59% 62 58 59 58'A 59'A 57 58'A 55 57 2,800 *107 108 common 2nd preferred series A 100 Jones & Laughlin Steel com—No par 5% preferred series A 10Q 12 19 228 10% No par Silver Manville & 26% 175 4 preferred Johnson 4% Co 228 I Salt Machine 3%% 23 Apr 34% Mar 40% 13% com Jersey Cent Pwr & Lt 4% 109 % Mar 20 73 39 Va 13% preferred Jaeger 1 24 21 Creek Jacobs Jau 30% 173 40% 13% preferred Island T,n Jun 173 39 14 preferred.: 25 International Telep & Teleg—No par Utilities Corp 5 Interstate Dept Stores—__No par Intertype Corp No par 51% May 18 63 2.300 41% International 3 107% Apr 27% Jan 48 3,400 64 13% 7% 18% May 3 96% May 15 70% Mar 3 107% Mar 50 64 39% Int'l Rys of Cent Amer com__No par 31% Mar 15 148 §1 48% 64 % 14% Corp International Shoe Jan 50 63 l ; 30 141 48 40 ioo Paper Co Jun Mar 52 64% 175 10Q 49% Jan 24 300 51 64% loo Chemical 55 136% Aug 6% 50% 13 common Mining Feb Apr 21 *6'/a 6% 3,200 38 10Q & International *6% 3,600 *173 Inc preferred 5% 6% 900 8'/a 28 15 preferred $4 28 6% 7 28 41% Hydro-Electric Sys class A—25 International 8 Va 8% 28'A 14% Preferred 23 23 7% 28% 64 No par Nickel of 8% 30 Va 48% No par Feb 136 *6% 8% 51% 64 common 61 Apr 6% 52 67% *50 51% 29% 8% 31 Machines 71 16 7% 30% 37 1.100 40 preferred Jun Apr 48 67% 8 32 Harvester Nov 11% 8 31% Business 43 18 % 36% *50 1% 50 3 35% 36% 14% Int'l 8.400 36% 51% 1% 1 1,010 36% 36% *50% 36% 13% Minerals 35% 34% 36 38% 52% 36% 1% 4% 35 Va 35 37 52% 38 14% Int' 1.000 39% 1% International 29,400 84 52 14% 8 34% 37 84 37 7/8 No par Int'l 6 34% 36 Ve 85 52 No par 7% 35 38 % •I 82% 38% Int'l Mar-29 Jan 34% 35% 35% 38% 87 STOCK CLOSED Interlake. Iron..' 29% May 181 37% EXCHANGE preferred Intercontinental Rubber 12 *35 *85 *173 20 4%% 9 13 30 85 Int'l 25 30 38% 100 Ctfs 16% Jan 92% Jan 36 85 No par Corp Dec Dec 35 35% 87% 6% i Copper Interchemical 18% 95 % Jun A No par Coj Insuranshares Apr Jan 1 Steel 5 12% S preferred Inland Jan 86% Mex, Rayon Ingersoll-Rand common 30 165 De par Industrial 2 155 11% 5 Indianapolis Power & Light—No 19 56 29 ctfs 36 39% 87% A—100 20 52 36 37% common.lOo pfd conv Joy Manufacturing Co i 10 *107 108% 32 33% 30 Va 32% 31% 33 30% 32% 30'A 31% 54,900 88 88 % 86 Va 88 8 % 87 85% 87 84% 85 % 590 25'/8 26% 25 26 Va 25% 26 Va 25 Va 25% 25 Va 25% 9,200 11% 3,300" *107 108% 108 *107 108 103 K 8% Jun 94% Jan 102 AUg 100% Feb 105% Nov *34% Feb 49% Dec 44% Jun 30 62% Dec 59 % Jan 26 14% July 10% Jun 17% Nov 16 Jun 29 6 Jan 10% Jun 30 13% Jan Kansas Power & Light Co com—8:75 17% Jun 9 23% Dec Kayser 20 ''4 Jau .j *13% 24% Jun Jun 9 19% Dec 16% Jan 3«J 21% Jun 19 62 *ot Jan 12% 14% footnote." Jan oage 9 Mar 24 98% Jan l.„ ?» » • r- 25 Q 13% May 16 103% Apr 10 109% May 18 57% Mar 25 64 19 Feb Mar 16 Kalamazoo Stove & Furnace Kansas City Power & Lt Co— 3.80% „ 4% cum Kansas 4% 10 12% 12% ^ 100 102% 102% 10Q 106 % 107% com No par 47% 51'A 60 60 16 % 16% preferred preferred Citv Southern non-cum preferred (Julius) & Co Keisey Hayes Wheel conv class A Class B 100 11 *102% 106 12 11% ' 102% *102% 103 106 *105 106% *10S 47 % 45 45% 48 V8 46% *58% 60'A *53 Va 16% 11, 11% 103% 16% 13% *53% 61 16% 16 11 11 *102% 102% 106% - 103'A *105 106:% 10 45% 9,800 47 44% 61 *58 Va 16% 16 120 100 61 16% 8,600 5 11% 12% 11% 11% 11% 11% 11% 11% 10 Va 1 23 23 21 Va 21 V2 21 % 22 21% 22 Va *21 % 22% 1,300 1 19% 20% 18 19 Va 13 Va 19 17% 18% 17% 17% 5,300 Ii 11 % 3,300 Number 4921 Volume 172 . . . The Commercial and Financial Chronicle (21) NEW Range for Previous Range Since Jan. 1 Year 1949 Lowest Lowest Highest $ per share YORK STOCK RECORD STOCKS S per $ per share 40 Jun 56% Jan 39 Jun 48% Nov 49 NEW V Highest 58% Jun Kennecott 13 Kern Copper Tuesday June 26 * per share $ per share 54 57 543/8 56% 33,800 53% 51% 52% 51% 53 23 23% 22 23 22% 22% 22% 22% 21% 22% 10,500 3,400 34% 37 34% 36 34% 35% 34 35% 33% 343% 17,800 141% *140 141% 14% *13 14 69% *673/4 68% *673/4 68% 60 27% 26% 263/4 253/4 26% 11,300 99% 993/4 99 99 Keystone Steel & Wire Co No par Kimberly-Clarke Corp com 4% conv 2nd preferred Kinney (G R) Co common No pai Jfln 152% May 20 14 Jun 17% Mar 31 72% Dec 68% Jun 71% Feb 6 25% Jun 31% Jan. 25% Jun 31 % Mar 2 90j/2 Aug 98 Jan 93% Jan x35% Feb 43 Dec 48% Feb 62'/2 Dec 50% Jun 43 Jan 60% Dec 58 100 Jun 27 6% Jun 30 6 62 Jun 4% 26 42% Jan 39 % Jun 5 Jan 100 .1 $5 prior preferred Koppers Co Inc Kress S S) ( (S H) STOCK EXCHANGE 141 CLOSED 142% *14% No par 70 27% 100 Co *139% 14% *14% 15 68 34 69 70 10 common preferred Kresge 65% Mar 20 Shares 57'% 52% 27% May 24 106 Sales fox the Week Sper share 55 38 % May 20 Dec share 53% 15% Jan Dec S per 56 24 16% Friday June 30 June 29 share 50% Dec 107 y2 $ per 523/4 Nov Jun share 54% 25% Jun $ per 55% 16% Mar Thursday June £8 53% Feb 10 >/2 PRICES Wednesday 51% Jun 62 SALE June 27 5 17 V* 90 HIGH Monday June 24 No par County Land Co liy8 Jan AND Saturday > Par 9 58% Jun % Apr LOW STOCK $ per share share 45 >/g Mar YORK EXCHANGE 98% 28% 26% 100 100 141% *140 14% *68 27% 100 27 •99 100 *.140 14 60 141 % 300 14 310 _10 40% 41 39% 40% 39% 40 39% 39% 39% 393/4 No par 3,500 52%' 53'% 52% 53 5134. 52 3/4 50 3/4 51% 60 60% 58 60% 60% 61% 60 513% 603/4 51% No par & Co Kroger Co (The) 60 60 % 1,800 3,600 6 3/8 35,400 L 4% Jan 3% Jan 9% Jun Oct 6 Jun 17% 8 Jan 3 % Jun 28 22 5/b Dee 20 % Jun 29 11% Dec 10 % Jun 5 7% Jan 43/4 Jan Laclede 3 Gas Co Consolid 6% 12 La Jun 12 Lambert 12% Jun 22 Lane 23 Jan 19 47% Jan 25 193/4 Jun 26% Jan 22 % Jan 19 34 23 37 Jan 45% Dec 40% Jan 25 49% May 29 253/4 May 9 99% Mar 23 Lee 85/8 Apr 26 503/b Jan 7 Lehigh 16% Oct Jun 22% 90% Jan 98 63/4 Jun 11% Jan 33% Jun 49% 44 % Apr Dec Jan 20 Jan May 94 Jan 24 7% Jun 28 44 Jun 3 29 35/8 Jun 55/s Jan 43/4 Jan 3 13/8 Jun 3 Jan 1% Jun 12 15 Jun Jun 6s/tt Apr Lees 24% Jan 14% Jun 30 Jan Jun 8% Jan 4% Apr 20 6% Jan 56 3/4 Dec 53% Jun 27 643/4 Jun 12 11% 26% Dec 93/a Apr 5 11 5/b Jan 10 Sep 20 % Jun 14 24% Jan 9 Dec 61% Mar 1 82% Jun 23 8% Feb 20% Feb 44% Jan 65/s Jun 64 8 3/4 Mar 3 7% Jan 8% Mar Jun 373/4 July 343/8 Jun 28 37% Apr Apr 91% 79 % Jun 13 89 % Jan $3 170 Feb 5,700 *44 V4 *44% 46% *44% *44% 46 46 46 30% 31% 29% 30 30 31% 30 303/4 31 32 2,800 47% 45% 45% 45 45 45% 45% 45% 455/8 1,000 24% *98 10 Cement 25 22'/a 100 7 J/4 47 *98 7% 7% 48% 46 No par Coal 1st 5% 5% 5% l 1% 1% 1% com preferred—No par 15% No par 4% 15% 15% 23% 100 7% 47 5% 1% 15% 21 22% 21 213/4 21% No par 75% 79% 71 76% 73% .7 7'% 7% 7% 7% 7% 34% 34% 34% 343/4 82 83% 81% 823/4 Corp No par 65 ,_5 8 8% 11 No par 60 60% *59% No par 37% 40 32% No par 17% 17% 15% 16% 59% Jun 30 66 3/4 Jan Oct 59% Jun 30 42 Jun 9 Dec 15% Jun 27 21% Jan 9 Jun 78 Jan 73 Jan 13 16% Feb 25% Dec 235/8 Jan 13 14% Jan 18% Aug 15 Jun 16 76 81% Apr 17 32"% May 1 6 18% Jan Link • Belt Lion Oil Liquid Co Co Carbonic Corp com 3% % convertible Dec 69 Jun 27 81 Jun 25% Oct 22% Jun 30 27% Jun 5 Jan 273/a Dec 23 % Jun 30 28 4 Lorillard Jan 172% 4 174 Dec lb6 V4 May 32 Dec 30% Jan 11 41% Jan 34% Jan 3 255/b 100 21 % Jan 19 36% May 23 41% Apr 11 22 % Mar 24 Oct , 27% Jun 12 973/4 Feb 17 17% Jun Sep Mar 29 99% Jan 20% Jan 18 Lone Star Cement Corp Lowest $ per share $ per 5674 10,600 93/4 93/4 9% 95% 21% 203/4 21% 20% 213/8 2,400 8,200 75% 71% 7434 713/4 73% 22,700 7% 7% 73/8 7% 75% 12,800 34 % 34% *343/3 35% 345/a 34% 81 82% 80 3/4 81% 80% 82 10 1,100 600 6,700 183 *177 180 67 65 65 7% 8 8 60 60 60 61 593/4 60 900 38% 37 39 35% 38% 36 37 16% 16% 153/4 163/4 15% 163% 33,400 3,900 177 62% 76 76 76 76 28% 29% 28% 29% 30 15% 15 15% 15 15% *72 8% *60 30% 15% 63% 73/4 8% 76 178% 177 *74 62 73/4 76 *74 178% 60 62% i,:oo 18,000 8 76 300 283% v 303/8 28 5/8 293/4 53,900 15 15% 15 15% 30,700 74% 74% 713/4 69 71 69% 70 3,500 25 26 25 25% 24% 24 3/4 22% 24% 22% 23 2,600 25 25% 23% 25 24% 243/8 23% 245% 23% 24% preferred 100 Louisville Gas & Elec Co (Ky) No par 169 (Md) A Co common 7% Louisville 4% % (Ml Steel & * 8,200 169 169 *167% 169 166% 167% 110 34% 36 33 34% 32 34 333% 34 33% 333/4 3,100 50 36% 37% 35 37 36 37 353/8 37 36 37 6,700 com—1 Sons Inc 25% 26% 5,200 99 99 18% 19% 100 1.0 YORK 71 170% Co NEW 73 *169 preferred series A Lukens 69 169 Nashville & Lowenstein 5 25% *99 18% LOW STOCK 25% 100 18% AND HIGH f'aterday 'A.r>V"v.v Par Monday Tuesday June 24 EXCHANGE $ per share 5 *4% 543/4 10 Highest share 14% 4% 56"% No par Range Since Jan. 1 Highest 14% 15% 4% 56% 64% 66 STOCKS Year 1949 15 5 45 No par (P) Range for Previous Lowest 15% 1 100 Corp Long Bell Lumber 19% Mar preferred Aircraft 44 57 3/8 No par Lockheed Loew's Inc 15% Mar 16 15% No par Corp Dec 3,300 1,900 9% Cup 33% 10,200 13/8 10% Lily 17% 3,700 5% 1% 9% Lima-Hamilton x67 44% 5 10% 15 Jun 44 10% ♦175 8,000 13/4 *4% 181% 7% 53% 55% 181% 1,300 22% 100 1% 4% 100 7% 5% 56% nreferred 22% *98 7% 1% 4% 25 23 100 5% 53% 23 Jun 46% 4% com 7% 1% 57% Libby 223/a *98 7% 10 46% 53/a 5 & Liggett & Myers Tobacco Tulip 46 5 Stores Corp 22% 100 7% 56 Life Savers Corp 7% 22% *98 1 (The) McNeill 24 100 Co Libbey Owens Ford Glass Libby 6% 47% & Sons Co common—3 Corp 46 6% 5 9 5/b Feb Jun $ per share 11 70% Jun 13% Jan 10 3/4 17 19 Jun 11% 27 52% 15 10 5/8 Jan Jan 95 11% Lehn & Fink Products__ Mar 31 Dec 31% May 20% Jun 11% 75/8 Jun 187 10% Jan 11% 45 29 49 23% 10% Jun Jun 153 11% 177 Jun Jun 11% Sep 33 x60 3,000 No par 186 X6% 65% 700 20% & Navigation non-cum Lerner 3 Oct 35/8 20%: 20 % 50c non-cum 2nd pfd lu 723A 3 3/8 20 % 4 1 Valiey Lehman 2 34 % *33% 21% 50 Portland Lemgh 30 Jun 3% 6% 3% 6% 3% 20% Lehigh Valley RR 30 4% X413/4 6% 21% cumulative preferred Lehigh 10 21 6% 3% 20% Tire & Coal 6% *3% 21% Co (James) 3.85% 7 3% 21% common Rubber 6% No par preferred Lane-Wells 5 2% Jan 4%% 4 75 Pesos Mex pfd (The) Bryant 43 47 Co June 26 June 27 H per share $ per share I per 25 3 a 18% SALE 26 25 100 *99 *99 18 34 17% 25% 98% 90 18 18% 18% 2,300 PRICES Wednesday Friday Sales for June 30 the Week Thursday June 28 share 25% 98% 25% 100 June 29 $ per $ per share $ per share share Shares M 9% Jun 31% Apr 42 Dec Jan 139 Oct 131 14% Oct 9% Jun 27% Jun 333/8 Jan 104% Dec 8% July 103/8 Jun 5 Jun 430 Jun 6% 7 15% Jun Jan Wood 140% May ?8 6% 155% May 23 343/4 May 25 Mack Trucks Macy (R H) 29% Mar 31 100 Jun 29 9% Jun 27 May 105 Jan 4 20 MacAndrews Working Co Forbes & 4%% Jan 10% Jan 3 Dec 523 % Jun 29 550 Jan 9 Mahoning Coal 7% Jan 4 9 Jan 7 Manati Sugar 7% Mar 30 93/8 Jan 11 Mandel Bros 19 % Feb 23 11 183/4 Dec Dec Feb 103/a 25 16 Apr Jun Dec Jan 8% Mar Apr 30 17 fi% Jun -30 25 3 8% Jun Dec Jan 29 8 3/4 33 May Jun 93/4 Jun 16% Mar 18% Oct 18% Apr 19 19'/« May 19% Apr 243/8 Dec 23 3/s Jan 25 293/4 jun 95% Jan 104 Dec 102 V2 Jan 3 7% Jun 12 Apr 9% Jan 13 10% Feb 13% Jan 105/s Jun 30 Jun 59 106 6 Madison 5 Maracaibo Oil Exploration Marine Midland Market St Ry Corp Dec 56 Jan 13 19% Jan 13% Jun 30 16% May Dec 47% Jan 13 62% Jun 170 Feb 179 Aug 175 Feb 3 69 % May 22 9 15 184 Jun 22 'Glenn Masonite Master 49 Dec 46 Apr 21 51 'jun 23 Jan 983/4 Dec 98 Apr 6 100 Jan 12 $3.75 89 Jan 98 Dec 97% Jan 4 100 Jan 30 Feb 88 Dec 87 Jan 10 90 Feb 18 $3.40 173/4 May 11 Maytag 12% Dec 113/s Jan 3 Dec 42% Jan 13 19% Mar 25 Jan 52 Mar 28 $3 30% Mar 36% 27 243/4 Mar 17 McCall 27 233/a May 11 McCord 30 443/4 May 11 Dec 33% Mar 24 Dec 100% Mar 11 37% Jun 9 45% Dec 41 Jun 27 52% Mar 16 McGraw Feb 34 Apr 30 % Jan 14 36 Mar 41% Jan 603/a Nov 50 Jun 30 58 Jan 30% Jan 41% Dec 36 Jun 30 42 3/s Feb 10 ,92% May 19% Feb 102% Dec 99 % Jan 25 103% Apr 22 Dec 22% Apr 27 17% Mar 12% Apr 143/4 Jan 5 xl3 Jun 12% July 70% May 25 17% Jan 93% Nov 3 26% Jan 1 3 3%% 5 91 Jan 24 6 47 Jun 9 4% 30 27% Jan 9 Melville Jan 73/8 Jun 13% Jan 11 Jan 3 34% Jun 49 Jan 42 Jan 13 48 % Jun 12% Jun 15% July 8% Jan 14% Jan 16 17 63/4 Jun 23 7% Mar 27 Apr 90 Jan 105% May 18 July 30% 97% Jun 433/4 Dec 99 Dec 96 Dec 120 130% 23% 40 393/4 Jan 13 14% May 26 7 5% Co 3 Merch & Merck & Co 13 Jan 3 38% Feb 23 4 35% 3.85% 15% May 19 Miami Dec 16% Jun 30 483/8 May 22 203% Mar 7 Dec 28% Jan 13 47% Jun Midland Jun 139% Mar 130% Jun 30 139 5/s Mar Jan 10% Jun 29 143/8 Jan Jan 8% Jun 10Y Nov Jun 101 Dec Jan 108 Dec Mar 87 66% 104 10% Jun 143/4 99 13 7 17 27 11% Feb 21 5 42 % Apr 15 Jan 10 111 96% Feb 15 128 V2 May 20 106 Jan Mar 10% Jun Middle 8% St Steel P May 23 1 108% Jan 5 27 153/4 Jan 9 $4 & 80 FebV 67% Jun 26 81 Jan 6 $5.50 1st Nov"J* 16 27 22% Jan 10 $1.50 2nd 89 89% 1334 14% 46% 47 20% 21% 19% 21% 21 21 20% 22% 40% 40% 36 36% 1 103% *40 35% 40% 104 41 43 32 31% 31% 50% 36% 50% 51 36% 38 *100 103 *100 60 98 330 *86 88 60 88 133/4 14% 13% 14% 46 46% 44 % 45% 20% 203/4 20% *40 50% 36% 103 *31 50 % 36% ♦100 23% 5,100 1,100 203/4 20% 20% .21 2,800 20% 19% 20% 19% 21 6,000 41% 40% 40% 39% 40% 110 36 35% 353/4 35% 35% 7,400 104 1033/4 1033/4 103 103 70 44 42 43 % 42 43 3,900 31% 31 31 31% 31% 1,300 51 1,800 3,100 50% 36% 102 23% 50% 36% *100 50% 36% 102 50 36 *100 36% 102 23% 243/4 24 3,300 15% 15% 15% 15% 15% 15% 15 15% 143/4 15 20% 21% 19 21 20 20% 19% 20% 19% 20% 1,100 10,200 *86 87% 87 87 *86% 87% 44% 42 42 *41 43 25 243/4 25 23 24 87% 87% 87% •86 46 43 43 *42 1 25% 25 25% 11% 24% 23 23% *23 24% 243/4 11% 11% 45 J/4 16 No par *6% 6% *6% 6% *6% 6% *6% 1 53% 56 56% 54 6% 56% No par 100 *99 100 *99 100 *99 100 169 •165 170 161 162 161 161 190 *28 30 3,800 38% 38J/4 3,300 102% 1021/2 100 57% 31 27 30% 28% 29 273/4 28 39% 40 38% 39 % 39 393/4 38% 39 104% pfd.100 *107 Inc 103 *102 103% *106 108 % *106 108% *106% 103% 104 *102 104 *102 104 13% 14% 14 14% 13% 14 13% 40% . 43 % 42% 43 41 Va 423/4 40% 173/4 16% 173/8 16% 17% 16 3/b 16% 16% 41% 37% 40 39 40 V8 37% 39% 36% 100 133% No par 11% 132% 134% 11% 11 132% 11 9% 8% 40% 35% 38 % 109% % 9 38% 9 No par *132% 11 9 133% 11% 9 132 10% 9 100 ► ] 08 No par 123% 125% No par common 107 107 common—1 preferred preferred 10% 11% 107 . 108% 114 122 *107 10% 100 67% 68% *68 25 *16 3/4 17% 16 107% 1138 69 1634 36% 38% 80 133/4 10,500 £2% 11,600 16% 50,200 383/8 10,600 131 100 132% 130% 11% 11% 11 Vb 8% 8% 1,600 37% 9,200 9 Regulator— pfd series A 200 108 J/2 ♦102% 16% .5 1.50 Co 103 102% 108% 38 No par . SS Marie 103% 14% 44% 43 10 *107 108% 13% 5 102% 104% 104 104 100 common 11,700 *99 169 29% Petroleum 55 59 170 No par —100 140 63/4 100 170 5 3.90% 53% 7,700 8,000 55% No par Co *6% 30 600 4,800 99% 50c common conv . 5,800 *97 98 15 43% 45 32 5 48 98 48 *103 44 18 47% *97 14 % 35% 36 *103 103% 97% *86 48 98 *46 % 15 47% 25% Co MInneapolis-Moline 22% 26 98 88 98 13% common Prod conv Jun "v* *97 98 *89 47% *97 186 15% Min & Mfg Jun footnntP' 98 43% preferred 16% Jun 48 % 98 100 common 3.20% Minn 47% 98% (1st series)—50 Minneap & St Louis Ry_. New 49 *97 4,800 *183 10 1st preferred Minn 48 99 47% (1st series) Utilities South 67% '"f 89% 50 186 9,500 No par Minneapolis-Honeywell 34% Apr 99 89% preferred series- 18% 7% 98% Copper 34 12 48 99 *183 3,600 14 54 1 Edison Jun 125/g 5 preferred series Jun Aug *183 186 60 13% 45% Machine 14 % 10% 186 *183 No par preferred Merritt-Chapman & Scott 18% July 186 59 52% 16 Mid-Continent 124% *183 62 12% 106% May 15 103% Jun 14 553/4 60 45V4 21 Oct 13% 52 11% 43 % Mar 17 Jan 14% 56 153/4 18 143/4 13% 55% 45% 375% Feb 48 61 15% Dec Jun 61 62% 14% 55% 12% 23 Jun 59 44 Jun 8% 64% 63 15% 32 375/8 3,700 8 11% Inc 50 105 20,200 3 2nd Metropolitan *103 44 25 22 105 16% x203/8 Jan 12 *103 12% Jan Jun 105 ♦103 105 43 $4 Apr 13,900 105 10% No par $3.50 preferred 104 560 26 % 8% 15% 12 110 18% 25% 9 1138 12 27 18% 27% 43 22 107% Mar 31 18% 25% 46% Jun 101% Feb 18% 16% Jun Feb 18% 273/4 9 12% Jun Dec 18% 26% 9% 45% 63 110% 1834 26% 8% 16% 100 104% 15,900 8% 18% 25% 3% 186 • 83/4 9% 19 Inc 17 500 7,600 7,800 14% 1st preferred Stores Mar 21 Mesta 7 fcO Jan conv 18% 31'% Transp Co Min Mercantile 6% 30% 10% Corp (The) convertible 75/b Jan Oct ——— Mengel *17% 7% 14 Co preferred 22 18% 31% 11 No par 2nd preferred Shoe 63/4 31 13% common Jun Jan 1053/4 4%% *17% ■ 27% 1 McLellan-Stores 323/4 Jan 82 7% 31% 14% preferred.__100 Mead 24% Jun 18% 7% 30 5 a 300 IO3/4 McQuay Norris Mfg Co Oct *17% 7% 10 1,400 8% 13% Co 9 Dec 17% 31% 53% Publishing 9 34% 6% *8 44,900 8% 15 Corp common Electric Corp 17% 30 / 17 540 IP/8 No par 9 27 8 No par Jan Jan 8 15 preferred Jun 8% 8% 2,600 14 3 Mclntyie Porcupine Mines 20% *8% 58 % pfd convertible 283/4 8 _No par 23% Jun 16 8 *510 1 2,000 1 11 McKesson & Robbins Inc com $4 8% 530 400 , 16 14% common McGraw-Hill 3 8% 153/4 523% 8% 16 113/4 1947 series—No par Stores Jun May 17% 523'% 8% 50 24 105 ./ 15% 16% *523 % 8 No par Corp 29% 100 17% 17% 14 % Corp Jan 16 % 55 common 90 15% 13% Preferred McCrory 16% par preferred 20% Jun - 16% 10% 1 cumulative 19 % Jun — 16 % 14% Corp___No preferred 39% Jun — 9% 29% 12 Dept Stores common Co 104% 9% 100 $3.75 cum pfd 80 May 104% 10 303/4 133/8 preferred Jun 104 10 11% No par 38 10,600 30 100 10% 1 Co 2. Chemical 89 30 31 106 9% No par Co Corp Electric Mathieson 7% L) 600 24,200 30% 530 105% *105 2,000 13"% *104% 8 9% 9 25% 13% 14% 14 39% 142 10% 15% 7% *18% 100 123/4 *38 *136% 31% *523% 39% 100 preferred 18% 7% No par pfd com Martin-Parry Corp 48 45 Co 14% 13% 14 38% 142 104% 16 18 % 18 5 . prior 6% Marshall Field & 13% *136% 9% 530 31% 1* 6.25 13% 38% 142 83/4 *8 Manhattan Shirt 15 38 33 8 8 No par * 4 17% *523% 1 Martin Jun Jun 1 50 14% *14% *136% 104% 16% Co RR 30 31% 106 16% Co 12 8 *104% 14% 40 142 13 % 10% Magnavox Co (The) 4%% CLOSED 10% Marathon Corp 23 303/4 EXCHANGE UV4 38 ♦138 143/4 10 13% May July May 100 Copper Magma 173/8 Apr 29 11% 7% No par 13% STOCK 15% 41% 142 No par Square Garden 23 Mar 23 343/8 30 5 Inc com Co 9% Aug 15 *138 preferred series A 193/4 525 • *40 .100 Inc Jan 14% Apr 18 173/4 May 20 24% Apr 19 14% 5 common—10 preferred 20 6% 39% M 41% Mar 24 3 Jan 17% 6% & 27 Jun 13 Feb Mar M 28 11% Mar 31 Jan 95% 153/a 17 11% Feb 38 135% Mar 36 37% 36 6,300 107% 108 106 l07i/4 *105 108 490 116 116 112 115 104 109 4,300 107% 107 107 *106 ►107 107% 30 ny$ 10% 11% 105/B 67% 67i/2 67% 67% *67% 673/4 210 *16% 17% *16% 17% *16% 17 % "300 10 3/i 11 10,400 21 V 22 (22) The Commercial and Financial Chronicle Range for Previous STOCKS Year 1949 Lowest Rang# Binoo Jan. 1 Lowest Highest S per share $ per share $ per share NEW Highest YORK LOW AND STOCK Per 28% Jun 29 34 % Mar 20 Minnesota Power & & Jun 54% Jail 46% Jan 25 65% Jun 12 Mission Corp 7% Jun 10% Oct 9% Jan 3 Mission Development Co 37» Jun 12% May 22 6% May 2 Mo-Kan-Texas RR 30% Apr 4 10% Mar 20 (Missouri Pac RR 5% 38 25 4% Jan 21% Jan 3 5% Aug 4% Feb 10 6 Jun 9 Jan 25% Mar 15% Jun 3% Aug 35 30 Jan 3 7% 37% May 19 Apr 4 Jun 12% Dec 11% Jan 13 15% Jun Jan 26% Not 24% Jan 13 29% May 23 Monarch 45% 103% Jan 57% Deo 54% Jan " 70y4Jun 12 Monsanto Deo 111% Jun 27 121% Jun 12 Deo 10% Jun 30 13% Feb 3 20'/a Jun 27 10 Jun 113 Jan 14% jun 47% 5?% 53 Mar Jun 30 13% Dec 12% Jun 27 15% Feb $4 Jan 16% Jun 15 20% Jan 18 14 Jun 26% Dec 23% Jan 3 53% Jun 6074 56% 10% 12 10% 11 107a 1174 1072 8 Morrell Co 27% Dec 26% Jan 3 41% Jun 19 Motor Deo 21% Jan 3 25% Jun 15 7 17% Jan 13% Mar 23 17% Jan 14% Jan 12% JaD 19 11 Jan 50% Deo 38% 108% Oct 10 Feb 112% Mar Jun Jun 29 44 Jun 29 110% Jan 3 May 24 10% May 4 52% Mar 7 113 Mar 17 15% July Dec 15 Jan 13 20% May 39 30% Mar 41 13 9 Oct 36% Jan 13 46% May 26 53% Jun 12 51 Jan 43 Jan 13 8 Products Mull Ins Mfg 5672 58 11,400 11 107a 107a 16,700 4% 5% 5 5% 43/4 22% 2574 24 243/4 22% 247a 237a 2474 33,500 67a 67a 67e 678 10,100 77a 6 774 7 6% 5 43/, • 5 ■ 13,700 1 32 ,• 337, 31 323/4 32% 32 32 32 32 3272 4,900 13 7e 137a 12% 13% 123/4 137a 127a 133/i, 127a 13 7a 26 27 25% 26 25% 2574 25 3/4 2672 26 267z 1,300 6472 677a 59 6574 633/4 66 62 657. 6174 6374 19,200 117 112 118 111% 118 •114 115 114 113 113 3,700 1,200 1174 113/4 11 11% 11 11 103/4 11 10 7e 10% 2,400 237a 20 Ve 22% 217a 217a 207a 217a 21 2172 24,900 No par 647a 567* 54 553/4 5472 553/4 5372 28,200 5 1272 123/4 12% 127a 12% 133/8 17 17 16 3* 167a •167a 4472 4974 43% 4872 45% Nopar 37% 383/4 33 377a 36 243/g —Nopar Motor Wheel Corp Mueller Brass Co Jun 6,800 29% 3072 3 23% Jun Shares 2974 59% .287a 227Z Motorola Inc Jun Dec share 5 Lines Jun 9 53/8 26 7 Sales far the Week $ per No per (The) (John) & Co 16% 11% 4 78 227a CLOSED No per Utilities 15 V4 x9% STOCK EXCHANGE 5 pfd series B conv Montana Power Co • 23 3072 59 com Montgomery Ward & Co Jan Jun 293/4 60 20 Moore-McCormick 10% 307a 57% No par 23% May 11 61% Jun 1 16% 297a 62 1.25 Machine Tool Montana-Dakota June 29 t per share 3174 100 Friday June 30 Thursday June 28 $ per share 59 7a pfd.100 conv Co Wednesday 1 per share f per share 30% No par com series A Chemical C per share 8 Carpet Mills Hosiery Co Inc Mojud June 27 10 Mohawk 2 Tuesday June 26 par ; preferred 21 y4 Light Co_J9o Monday June 24 t per share Monday, July 3, 1950 . . HIGH BALE PRICES Saturday EXCHANGE . Corp 55 53 54 127a 13 12 3/4 13 •167a 17 16% 167a 477a 43% 47 433/8 46 64,500 37 333/4 36 333/4 3672 15,700 233/a 17 9,700 1,000 8 24 2574 22% 163/4 22 72 23 237a 1 Corp 143/e 15 14 147a 14 74 14% 147a 14% 14% 147a 7,600 ie 17% 143/4 167a 16 7a 163/4 15% 1672 157a 1674 29,400 _1 Munsingwear Inc 5 Murphy Co (G C) common 1 4% % preferred 100 Murray Corp of America com 10 4% preferred 60 Myers (F E) <fe Bros Nopar 107a 10% 46 9% 47% 111 177a 47 111 1974 443/4 487a •4572 •110 187a 16% 46 48% •9 72 10 46 111 111 167a 42% 173/4 9 97a 44 45 112 1,700 44 72 1,800 97a 97a 44 •110 230 111 111 47 74 18 19 187a 183A 36,000 •437» 44 46 10 74 463/4 112 4,600 45 44 44 7a 4572 4572 2,100 •45 48 •45 18 74 400 48 •45 48 N 10% Jun 1774 Dee 16% Mar 9 22 22 Jun 32% Dec 32 Jun 3 44 17% Jun 243/4 Deo 23 Jan 13 5 Jan 9y« Jun 10% Jun 133/4 Dee 12 Jan 13 28 Jun 41 Aug 36 Feb 24 30% 9% 18 Dee Jan 40% Dec 170% Mar 185% Sep 4% Jun 30 Va Jpn 5% Jun 5 16% Jan 34 Nov 12 Jan 27% Feb 393/e 13% Feb 17% Aug 22% Dee Dec U Jun 30 30 6 Jun 29 32% Feb 23 87s Aug 97s Jan Jun 29 175% Jun 7s/a Mar 36% Jun 9% 6% Jun Apr 8 Jun 27 May 20 May 3 27% May 22 9y4 May 5 23 May 27 16% Apr 27 2 39% Jan 17 45% May 186 Jan Feb 19 7a 18 19 100 40 38% 39 39% National Acme Co. 38% 38% —1 24% 2572 237a 243/4 24% 24% 24% 25 1 7% 73/4 77a 77a 77a 77a 6% National National Automotive 15 National Aviation 7% Fibres preferred National Can National x% 5,800 40 39 40% 387a 393/4 15,000 1672 17 74 17% 16% 163/4 9,100 22 223/4 21% 22% 21% 22 48,200 187a 18% 38,700 35 Jan 10 180% Jan 3 X150 Jan H 7% Jan 4 23 24% Jan 7 102 29 Jun 46% May 31 185% Jun 5 156 Apr 14 9% May 31 22% May 20 H Ja» 27 National 7 4 Jun 13 41% Jun 12 26 Mar 22 28% May 12 15% Apr 27 71% Apr 4 36% Jan 13 18% May 20 82% Feb 2 44 % Jun 23 12% Feb 28 11% Jan 3 Highest Lowest $ per share X101% Jan 104% Dec 7% Jun 14 7a NOV Jan 1023/4 Oct 8 % Jun 42 100 Linen Service Corp 1 Natl Malleable & Steel Cast No par 154 154 6% National 35 100 Jun Apr 106 Jun Natl 13 28 40 Jan 9 13 10 % Jan 7 27 677a Deo 58 6 Feb Apr 14% Dec 10% Jun 26 Apr 723/a Jan 66% Mar 14 105% Feb 16 13 % Mar 23 New 68% May 23 14% May 15 74 Jun 35 Apr 26% Mar 29 Jun 33% Jan 25 Jun 9% Jun 30 13% Jan ll'/Wan 3 15 May 31 29% Jan 20 30 % May 20 102% Dec 93 Jun 27 111 Jun 142 May Dec 128 Jun 29 145 Jan Jun 14% Jan 203% 13 V8 Jan Jun 30 Dec 28% Mar 29 4 Feb 61 Dec 56 Jan Dec 26 250 Mar 220 Feb *1 19 NY N 63% Jan 18 246% Apr 19 10% Feb 27 Jun 333/4 Jan 28% Jun 27 36 16 Vb Jun 27 20% Apr 24 y2 Jun 29 28% Apr Nov Mar 12 95 Jan 9 100 5 Feb 15 20% Jun 27 24% Mar 30 29 Jan 91 Mar 29 86 y4 Jan 12 98% Jan Deo 12 93 y4 Jan 19 25% Jan 3 14 Jan 21% Jun 30 Dec 28 Jan 47% Sep 13 59% Jan 43% Jun 5 Mar 28% Jan Jan 207. July 9 % Jan 26 4 O a. 85 Feb 4072 367a 383/4 377a 38 3/8 36% 38% 36 3/4 38 277a 26% 263/a 2674 267a 26% 26 % 26 26 167a 17% 16 163/4 16% 17 16 17 16% 167a 80% 8174 79% 80 793/4 80 79% 80 80 80 4174 4174 38% 41 393/4 4072 38 397a 38% 38 3% 5,200 11% 11 % 117a 1174 11% 1174 10% 11% 10% 11 Ve 3,100 97a 872 97a 87a 87a 8% 8 3% 8% 8% 7,700 9 ^ J) 97% Jun 9 31 8 103% Mar 20 46 May 19 15 Jun 16 36% Apr 12 53% Mar 6 Dec Oct 3 27 8 Jun 27 Oct 15% Jun 26 Dec 23% Jun 20 1% Apr 12% Jun 29 . Oct 18 15% 157a *1574 153/4 1067a •1057a 1067a •1057a 1067a 83/4 8% 87a 87a 8% 8% 13 Mar 22 97% June 15 109 % Mar 24 13 Jan 5 21% Feb 18 32% Mar 28 3% Jan 13 16% Jan 17 STOCK EXCHANGE CLOSED Nopar Nopar Co — - _ 35% 202 12 357a 102 *35 101 717a 10074 220 11% 1174 1172 21,200 63 *99 7a 101 1007a 1003/4 510 1007a •997a 101 607a 62 617a 617a 3,100 11% 117a 1172 11 113/a 10 3/4 11 8,100 71% 71% 70% 70% 70% 180 27% 26% 277a 263/4 27% 26% 27 3/a 267a 27 7a 10,100 25% 26% 253/4 26 257a 26 25 257a 2,000 12 7a 82,300 12 11% 12% 123/4 127. 62 62 •210 Co_J.OO 100 100'/4 27 240 RR 11% 27 62 Hart 1174 26 •210 & 101 _ 1,400 11% 62 series A 101 35 62% 240 5% 101 35 12 62 Co 35 64% 1017a •215 RR 35 10% 11% 70% 1007a 35 1007a 64% 10% 35 500 1,000 11% 1013/4 6472 36 16 62 • 12% ♦100% , SO com 93 100 1343/4 1287a 12% *70% 11% 72 12% 70% 11 3/4 100 96% 98 93 96 135 130% 132 128 130 15% 15% 16 15% 16 7a 15 157a 31 31 32 307a 307a 30 30 7% 87a 672 7% 7% 627a 240 937a 129 95 4,300 129 *62 63 *62 240 *210 640 300 63 *210 3,100 3,400 240 7% 6% 7 7 5,200 30 4,600 6% 297a 303% 28 3/, 29% 29 307a 28% 31 1 16% 177a 16% 17 17 17 16% 16% 17 177a 1,900 Nopar 26% 27% 2574 26% 2534 26% 24% 25% 24% 253/a 12,600 100 •98% Niagara Mhk Pwr Corp com_.No par 22% 23 74 26% 2774 N Y Y Shipbldg Corp partic stock State Elec & Gas Corp— Common $3.75 new preferred Class A no par 99 •9874 99% 98% 9872 98% 9872 20% 22% 21 213/4 207a 2174 263/4 27 277a 27 3.40% 26 27 preferred 100 *88 90 •88 90 *88 90 3.60% preferred 887a 887a 100 *95% 977a •95% 3.90% 977a *95% preferred 97% 96 96 loo 102 74 10274 101% 1023/4 102 427a 36% Noblitt-Sparks Industries 2.50 40% 102 397a ♦102 38% 393/4 39 10274 *29 *97 20% 253/4 *87 953/4 102 38% 997a 70 217a 53,900 26 19,424 90 100 96 300 102 74 220 Noma Electric Corp 3974 4,700 1 12% 13 7a 10% 127/a Nopco 12% 12% 1172 123/4 12 127a 21,200 4 31 32 30 303/4 30 30 297a 30 297a 29 % 2,400 44 7a 4574 12,200 Chemical Norfolk Co & Western Ry Adjustment preferred com _25 44% 457a 44% 457a 457a 25 Northern Pacific Ry 2 *15% •1057a 1 preferred 22% Apr 10% Jan 15% 1067a par common Haven 4,200 15% 31 New Shares 9% •1057a 32 Preferred share 9% $ per 9% 1534 32 Harlem share 934 1067a No par No par & t per 10 •1574 14 non-cum Y Sales for the Week •10572 16% American 93% Feb 93/4 35% North 106% Apr 10 Nopar Dock 16% May 1 88% May 18 39% Feb 23 10 share York n 3 9% Friday June 29 97 xj 28 1074 800 1,050 June 30 Thursday June 28 t per share 134 78% Jan Jan I per 100 American Jun 107a Wednesday June 27 share 14,800 22,000 BALK PRICES 100 North 17 Dec com St Louis 24 32 Tuesday June 26 S per HIGH 1 Brake 27 Dec share 100 Feb Dec" Monday Jone 24 Elec System 21% Feb 19% ■J (J 28 397. HVa fiatati'day $ per AND * 700 12 Jun 95% STOCK 12.50 27 Jan 109 7a Mar LOW common Jun 11% 14% Inc 10% Jan ll'/a May 38% •267a lo l Central & 19% 10 17% Jun 31 11% Mar 10 Nopar City Gmnibus Corp Y N Y 4 25% Jun ~ Dec 2,100 preferred series A $5 N N 1 % 3,900 19% 100 YORK Air York New 27 _ • 196 23% preferred Chic 6% 6 6% Jun 30% % 22% 1 York New 2 10 6 Jan Apr New Jun 9% 203/, 367. Tg 23% Newport Industries common 1 4 % % preferred loo Newport News Ship & Dry Dock.—1 34% Jan Jun Jun 4,000 % 22% Jersey Pr & Lt Co 4% pfd—100 Newmont Mining Corp 10 4 Apr Jun 10 13% 19% fe 243/8 Nopar England 3,500 72 72 19% 110 160 83/4 2478 preferred 3%% 154 8% 87s % New Apr 13 193/4 '153 8% 13,800 24% Corp 4%% 19 4372 182% % com Co Nesco, Inc Newoerry Co 193/4 154 87a 42 '181 154 *181 23% Vulcanized Fibre Co Bros 183/4 433% 182% 42% 154 87a 2fc5 100 25 Par 103 24% 12 207» 154 87a 100 % preferred Natomas 154 83/4 44 1003% 24% National Tea Co 15 101% Jun Jun % % 183/4 1533/4 974 100% 18272 1,400 19% No par National Sugar Ref Co National Supply (The) Pa 4 83/4 101 87a 18 Nopar Natl Power <fc Lt ex-dist National Shares Corp National Steel Corp EXCHANGE 11% Jun •993/4 •181 NEW 27 100 447* Sper share 102% Mar 10 Dec 7 44% 100 18372 Neisner Dec Feb 10 101 407* Nehl 102 74 Sep common 100 •18272 17% Feb 10 Xll 7. Apr *8% lo3/. 4574 12% Feb 28 Jan 8% 87a 187a 18374 13 Jun 84 *8% 19% 183 28 Mar 107% 87a 187a preferred A preferred B 9% Jun 94 Jun 8% 2074 100 7% 14% Jan 42 8% 2272 87a 18% No par National Lead Co Highest Sper share Feb 75% July 213/4 8% 1 Nopar com STOCKS Dec 153/8 223/a 16% 21% 12.50 Prod 84.5o preferred Range Since Jan. 1 137. Mar 26 Distillers Cb Enameling & Stamping Previous 1949 147. 87a 39% 29 Jun 8 3/a 1772 18% Jun 2» Jan 8% •40% 25 9% 8% 1.57a % Feb 22% Jun 12 3/4 8 11,000 383/4 Jan 27% 87a 11,700 17% 29 16% May 67a Jun 8% 150 6% 353/a 6% 34 43 Deo 96% 36% 167e 8% Jun Jan 6% 35 407a 14% Mar 30 21% May 5 10% Jun 86 6 36 7. 8,900 Jan 19% 63/4 35% 20,300 Apr Feb 6% 37 7% NOT 153% 7 36 7a 10% 13% 21 6% 377, National Dairy Products Nopar National Department Stores 6 127a 5% 73% 3674 17774 17572 44% May 15 Jan Jun 205 176 27 38 Jun 48 176 87a 9'/a 9% 56 181 1833/i 1072 387a 117% 181 •181 77a Jan 23% 18374 1074 21 y# 9% 183% 3,600 7% Deo 65 13,100 8 3/8 35% Mar 31 8% 3572 8% 283/4 93% 34 7% 18 39 7. 35% 10% 19% May 86 Jam Mar 34% 73/4 Feb 29 36 107a Dec Lowest 35 77, 15% t per share 36 107a 26 • 35% 73/4 Dec Dec 37 7a 107a Deo Dec 700 357a 67a 21% X80 3972 107a 77. Jan 14 3972 77a 19% Jun 19 y4 133/4 40 117a 11 Jun 14% 39% 7% 94% Jan 5% Mar 13% 43 14% 1074 Gas National Gypsum Co 14 147a •41 1 Cylinder Nat'l Sep 137a 41 National City Lines Inc National Container Co 11% Jan 13 Dec 137a 407a National 22% May 31 38% 24,300 14 8% Jan 28 27 183 5,800 18% 18 18% 40 2,300 73/8 7 12% Jan 17 13 152% 18 91,200 27 8% Jun Jan 187a 7% 25 27 17% Jan Jan 18% 183/4 3872 243/4 6% Jun Feb 169% 19 1874 ♦3772 10% Jun Dec 135 18% •38 C7e 14% Dee 173/4 193/4 1 42 Corp 19% Apr 183/4 13% Cash Register. Jun 25% 17% 42 __ Jun Dec 1872 1 197a 5 common Jun 953/4 •39 4 17% May Inc Corp National Battery Co National Biscuit Co 7% Xll7/e 86 V2 I.73/4 Airlines 0 8% Apr 29 39% Mar 23 10 Nash-Kelvlnator Corp Nashville Chatt & St Louls. 2672 27 267a 26% *26% Co 45 453/4 2674 267a *26 27 600 197a 19% 17% 197a 1874 19 18 18% 17% 18% 51,300 1 xl47e 157a 14% 147a 14% 15 7a 147a 15 147a 15 69,900 SO *86% 88- 88 85 85 *837a 84 7a lo 33% 34% 327a 33% 32 33% 3274 33% 32 327a 15,600 100 1872 19% 17% 197a 187a 18% 177a 187a 17% 1874 43,700 11 46,000 Central Ry Co Northern Natural Gas Co Northern States Pwr Co (Minn)— Common •86 Nopar 97% 977a 96% 108% 108% 1073/4 10 8% 9 8 23 Inc 11% No par _No par $3.60 preferred 157a 16 SO 24V4 25 common Northwestern Telegraph (Norwalk Tire & Rubber Norwich 46 267a 10 Aviation Northern $4.80 preferred Northwest Airlines 4.6% preferred 40 Pharmacal 10% 11% 11% 963/4 108 1174 103% 11 10 3/4 84 7a 967a 9574 957a 107 74 1077a 10774 10774 360 8% 974 8 3/4 97a 13,800 6,700 94 94 7a 83/4 157a 15% 15% 15% 157a 15% 157a 157a 24 24% 2474 24% 24% 24% 247a 2434 172 17a 1% 1% 2J>© 12% 13% 127a 13% 1% 13 30 1073/4 8% Nopar Co 10% 95% *106 *837a 9 1% 13 17a 12 Ve 17a 13 460 860 1% 1% 2,800 12% 12% 4,700 30 30% 34,000 *110 1107a O 27% Jan 33 May 99% Jan 110 Dec 107% Mar 24 33% Jan 97% May 16 26% Feb 14 193/4 Dec 23% May 17% Jan 20 Jun 317. Jan 91 Not 99 Jan Feb 107. Dec 6% 79 /« July 96% 30 Jun 19% Feb 20% Jun 30 14 29 91% May 29 10% Jan j 35 % May 26 112% Mar 9 100 Jun 22 36% Jun 20 Jan 27% Jan 100 15 Feb 2 9 10 21 Apr 21 Dec 95 Jan 18% Aug 3 227a Jan 28 20 y4 Jan 20 24 407. Jun Dee 23 36% Jun 27 42% Jun 23 Jun 105 Not 11% Jun 108 Deo 167a Dee 105 64% July 79 Jan 74 647. Dm X61 For footnotes see page 26. 27 14% Mar 22 49 y« Jan Jun May 1 Apr 26 104% Jun 108% Feb 18% Apr 82 Jan 7 a 4 14 73% May 19 Ohio Edison Co common 4.40% preferred 8 100 3.90% preferred Ohio Oil Co Corp 4%% Otis 9974 32% 35 32% 333/4 pfd $4 preferred Outboard Outlet Marine 19% 19% 1 common 20 21% 22%- 100 preferred Collins—.: Elevator 92% 92% 8 Mfg Co Owens-Illinois Glass Co 117a ll3/4 19% - 19% 21% 213/4 92 92% 117a 11% 3174 *110 *9874 33 •193/a 21% *92 11% 3274 1107a 30 3/a 110 313/4 110 987a 987a 973/4 9874 410 34 74 31% 33% 31% 33% 50,000 193/4 *193/a 19% *19 3/a 19% 400 203/4 213/4 21 213/8 8,200 93 92 92 22 92% 1274 *92 12 123/4 11% 12 101% 103 1027a 102 102 102 102 *23 27 22% 22% ♦23 25 *23 25 *23 Nopar 39 4074 36% 39 38 37 105 *105 2.60 105% 10674 16% 116 % No par •75 12.50 64 77 67% 105 15 *73 63 1057a 373/4 105 15 *15 75 *74 65% 65% 383/4 105 37% 105 16 15 15 15 77 *74 77 *74 6674 637a 657a 640 102 102 10 102 180 99 100 62.50 Sc 32% 111 99 Omnibus Corp (The) common 8% convertible preferred A Oppenheim 31 11074 993A common convertible 33% 111 99% No par Oklahoma Gas & Elec 4% Oliver 327a 111 100 6374 "• 25 37% 106 15 6,800 810 100 13,400 440 700 77 64 7,600 Number 4921 Volume 172 The Commercial and Financial Chronicle .. . NEW : Lowest Highest share 14 : IV* Not 29 Sep Aug 18 Peb 11% Apr Jan 10% Jan 71 / 12 34% Jan .21% Not 19% Jun 30 23 30% Jan 34 Sep 50 54 Jan 31% Mar 2j Peb . Co -rsouc 1st Jul t 4 k Amer Fisheries PmUI* May 26 57% Jan 17 It Jun RECORD LOW AND HIGH SAL* PRICKS STOCK Saturday , Par 13% Jan- 3 8 •29/ Apr ■ STOCK RXCHANGK ■%. 3 51% May Jan 40 » NEW YORK , 1 7% Jan , Apr Highest $ per share $ per share T ( per share 11% Mar 81 Raage glace Jan. 15( V Year 1949. • per YORK STOCKS lU|« tor Previous Lowest preferred 2nd •52 PaetAe Mills Part tie STOCK 11% 12 ; 1 i * T*9% •50 30% 31% 89 Feb 34% July 104% Deo 135 Jan 148 2% Jun 39% Jun 22 3 111% May 23 Peb 7 149 2% Jun 29 4% Jan 3% Jun ; Jun Jan 144 Deo 38/ Oct 44 3 101 EXCHANGE 20% 20% 19% 20 % 19% 20 CLOSED / 33% ,35% 32% 33%;. 32 % 2 Jan 3% Jun 52 % 52% 50% 52 30% 34 30% 31% , 28 Jun 29 4% Jan 11 Packard Motor Car 28 Pan 8 Jan 4% Jan 10% Apr Jun 27 11 12 Jun 22 Oct 18% Apr 17 21% May 31 Pan-American • Dec 38% Dec 34% Jan 13 49% Mar 20 95% Jun 10«% Dec 8% Jun 8% 18% Jun 104 107 Mar Jan 8 Apr 5% Feb 1 27 21 Jan 6 6 104 Feb 23 v 9 20% Deo 15% Jun Dec 104% Jan 97% Mar Oct 22% Dec 17% Feb 28 37 Aug 47% Oct 38% Jun 21% Apr 46% Jan 5 World Amer 4* 8% May 18 17% 101 Peb Panhandle Prod Pnmfflne Cos Inc common 44 cenTertlble 108 148 V* 148 y« 147 2% 44% 2% 40% 45% 3% 3 45 3% 3% 3% : • 19 Vs 19 Va 18% 18% ,1,100 42 45% 41% 43% 43% 43% 42% 43% 42% 43% 14,400 105 105% 6% 7 6% 6% 6% 16 16 167» 157a 16 157a 15% 997* 99% 99%- 99 % 99 % *98 7a 99% 187a 19% 187* 19 18 % 18% 13 Va 19 21,500 39 40 39 39 387s 39 Va 387* 33% *387* 40 1,100 1% 42 43 42% 437a 28 28 27'/a 27 Va 27 V* 27 V* 2 29 Deo 27 % Jun 29 7% 14% Jan Jan 7% Jun 29 9% Jan 4 117a May 11 Pattno Mines A Enterprises Jan 5% Apr 17 7% May 25 187/a May 31 Paabody Coal Co oommon ■4 conr prior preferred 25 167a 17 V* 167a 167* 167* 38% Mar 17 Pantok A Ford No par ' 35% 357* 35% 36 3S% 61 Penney (J C) Co Punn Coal A Coke Corp No par 57 587a 557* 57% 55% 8 15 Dec 19% 15% Apr 8 Jan 37% Dec 34% Jan 12 42% Jan 57 Dec 53% Apr 25 7% Jun 26% 23% Jun 22% Jun Dec 29 Va 30'/a 27% 29, No par 77* 77* 7% 7% -7% 5 97a 10 Va 97* io y8 97* 5 Pannelee Transportation xl06% Jun 22% Dec 21% Jan 6 17% 14% Jun 27 Jun Jun Jan Feb :Mar Jan 45% Not 24 6 3 Feb Proof Rust 6% Co 2 , 7 109 9 : May Fann Glass 5% 27 V* May 24 18% Mar 6 Jun 23 36% Peb 6 52. 41% Feb 20 7 ■ 7% *9% 6% ; r 1,900 1,000 77a 77a 9% 6% 678 6% 8 8 8% 87a 7 Sand Corp 7 Va 9% 77a 10 10 1,700 167a 16% 16% 16% *35% 17 38 % 35% 36 1,600 56 % 55 56 10,000 - 55 57% 24 V* 247a 227* 32% •31% 32 V* •31V* 10772 107% ♦107% 23 Va 247a 14% 15 V* com—No par • 31% 100 •107% No par . 109 257a 15 157a 10 50 3 •35 100 com 247* 50 125 //' 23 V* 24V* 77a 7% 77a 7% 7% i.ooo ; 247a • 77a ,-r 22 Va 23 V* 22% 23% 9,500 "• *31% 32 *107% 109 32% 109 ; 500 32 *31% v 107% 237* 247a 22% 23% 227* 237« 15 Va 1 40 107% 15% 14% 15 V* 147a 157a 38,100 • 7y* May x8 Dec ' — i 347a May Dec 5 29 2'/* Jun 29 4% Jun 23 14 V* Apr 18 ' •' 139 13 Deo 10% Jun 29 12 Not Apr 8% Jan 3 12 21 Mar 35 Dec 31% Jun 102 Jan 108 Dec 104V* May 97* Jun 107 20% Jun 30 Jun 577* Dec 517* Jan 23 Jun 53% Jan 44% Mar 27 X487* Mar 58 Oct 56 Jan 5 90% Mar 106 Deo 105 Jan 8 Nov 24 Jan 3 247a Jan 7 — ■ .7 ■■ T 50 V* 48 507* 50 % 50 477* < 49 20% Jan 247* 23 Va Jun 26% May 25 6 Jun 4%% 8 • Petroleum 8 Pfeiffer Pfiser 12 60% Apr 10 49% 467*' 5,300 ' 277a May 26 267a Mar 17 01 117 Sep 114 Jan 1047a Dec 103% Apr 11 106% Jun 9 105 Apr 110% Sep 106V* Apr 18 110% Feb 24 Apr 6 $ per share S per t per share share 11% Apr Jun Jan 32% Jan 3 88% Feb 84 % Jan 4 96 V* May 37% 55 % Dec 50% Jan 13 Feb 9 93% Jan 10% Feb 105 7% Jun 156% Jun 17% Feb Mar 9% Mar 31 20 Feb 14 29 Jun Jun 93 Mar 17 9 28 27 1 32 V* ♦103% 12 177/s May 20 1 21 22 V* 21% 217* 20 % 21% 207a 61% 67 Va 65 66 V3 62% 65 62 Va 47 497a 49 Va 50 Va 48 Va 49% 43 preferred—50 587* 59 Va 58% 587* 57% 58 V* 57% 58 57% -No par 109% 1097a 109% 109% 1097* 25'/* 26'/* 247* 25V* 25 Va 25 25 com— _No par 100 YORK No pai 100 No par Phillips Jones Corp com 8* preferred Phillips Petroleum Phoenix Hosiery 135 Va Jan 13 Jun 28 Dec 147 Feb 29 Apr preferred—No 54% X51% EXCHANGE 104% 104% *104 19 45% 52% *15% 16% •14 •92% 94'/a •92% 66% 62% 66% 64% ♦11 14 ♦89% 25% 15% 100 10 31 Va 32 105 *103% 105 108 108 *106 111 13 90 Va 89% 897a 89% 90 89% 89 % 89% 897a 26 25 V* 147* 157a 7% Mar 23 79% Dec 90% Mar 10 V* May 22 33 May 20 4% 4 conv A Jan 4 85% Feb 17 30 28% May 31 Public Scrv Co of 29 30 Public Jun 29 123 Apr 14 86% Jan 25 Apr 28 90% Jun 23 25% Dec 22 3 Jun 29% 27 *103 % Nov 105% Dec 8 8475 cum Serv preferred Co of 107% Mar 39 V* Apr 9 10 Pullman x7 Jun 9% Apr 6% Jun 27 Feb 3 27% Jan 3 92% Jan 101% Dec 237* Jun 29 y4 Dec Jun 30% Feb 26 V* Jun 347* Jun 23% Jan 33 30% Jan 13 20% Jun 29 227a Apr 34% Not 43 Jan 35 Jun 28 V* 36 Jan 31 Jan 13 For footnotes see page 26. 19 3 10 May 22 35% Jun 4 103% Jan X24% Jan 23 Feb 177* 100 9% Feb 22 347a Jun 12 39% Feb 10 9 34% Mar 22 14% 77* 8 7% 7% 7% 77a 30 *27% 29% *27% 1,600 3,100 25,700 29% 627« 64'% 62 63 Va 61 62 V* 147a 14% 15 14% 14% 14% 17,200 500 147a , : ' 9,800 H 12,300 82% 82% 82 82 82 32 27 Va 277a 26% 27 % 26 27 24% 26 21 % 24% 15,500 28 287a 27 28 V* 267a 27 V* 267a 27 Va 26% 27% 10,500 120 Va ♦120% 121 1207* ♦120 121 118 120 *32 119 380 83 119 89 89 89 89% 89 V* 89 % 39% 24 V* 23 Va 237* 22 % 23 V* 23 3a 23 27% 287a 277* 28 % 27 28 27 277a 105 105 *102 460 l 89% 23 V* 104% 270 33 31% 32 Va 13,200 33 33% 32% 337a 49,100 107 % 108% ♦107% 108 Va (The) common -No par 100 No par America oom—No par No par Radio-Keith-Orpheuxn Corp 1 Ralston Purina Co 3%# pfd 100 Raybestos-Manhattan No par Rayonler inc oommon 1 9S preferred 23 Hmit-g Co common So 4% non-cum 1st preferred 50 «-* non-cum 2nd preferred 50 1st preferred 12 14% 32% Radio Corp of 93.50 41% 11% 15 31% 23% Apr 13 797a Apr 19 3 13 83 41 Va 12 14% 347« Quaker State Oil Refining Corp—lfl 73 V* Jan 137* 41 Va 11% 33 V* 23% May 22 12 V* Jan 157a 41% 1,000 20,500 33% 4 Jan 63% 43% ♦28% 8 30% 65% 11 48 327. 1J% Jaa «n 77a 29 61% *10% 347a 80% Jan 74% 8% 30 10 V* 45% 33 Vb 8% conv preferred Purity Bakeries Corp 14% 41 10% 42-% 5,300 317* Pure Oil Jun 407a 197* 32% 10 Jun 41 500 144% •19 V* 35 23 «% 46 *133 19 % 337* 34% Jan 39 66% 45 ♦10% 144% 33 36% Jun Jun 10% 47% 19% 1,520 20% ♦106 109% Jan 15% 10% 43% 20 68'/a 19 V* 100 Inc 27 '28 • 19 68 V2 No par 81.40 div preference 4.08% preferred 27 . *138 •138 20% 10% 19% 1,730 69% 20 28% 2 27 Deo 144% 1447* •138 1447* * 28 80% Feb Jun Oct July 20 87 com—No par 29 107% Jun 30% 68 3 21% 190 84% 24% •26 V* Feb 33% 109 25% Jun 70 21% 11 *140 87 90 Jun S 70 20% 12 V* 190 24 FEb Serv Ki A Gas com 30 71 20% 11 Va *140 90 8 31% Jun 70 21% 83 10 100 100 26% Feb 104% Feb 68% 127* 190 No par preferred 30 Dec 84% 14% r-/" Indiana—No par Jun Apr 5 15,000 88 64 No par Colo (new) 4C44 preferred 3% com 11% 12 21% No par Inc 15,700 877* 7% Industries 12,700 7% •140 107a 30 36% 7 Va 13 29'/a Puhllcker 169 357a 7% 90 1 6 169 38% 7% 190 preferred series A—50 Gamble 168 24% 36'% , 66% 10 Praised Steel Car Co Inc com 17% Jan 113 37 B Power Co 2,400 149 25% 15% 87 13% 190 127a 27 80 77a 7,700 15 *147 15 33% 77a 25 15 149 168 169 377a 77a 177a 26% Jun 22 •168 387» 7% 8 12 21% Jun Jun 168 15'% 37% 397a 24% 160 *147 149 147* Procter 13% Jun Feb 14% 15 *147 12'% 67% Apr 12 Mar 22 56 257* 157* 15 29 14% Jun 25% 25% 149 % 147a Electric 3,100 12% 117a class Co 200 13 Va 40 A 30 111 12 Va 13 Va Potomac 700 103 137a 15% Poor 8 * 1037a 13% 43 Pond Creek Pocahontas 9 16% Mar 12% 31 31 13% 14% Mar 15 14% Feb 23,800 1037a 12% 13 48 27 100 63% 14 V* 41 16 11% Jun 28% Mar 22 32% 1 38% Jan Oct *11 32 Va No par Sep 13% 12-% *11 12% 63 •103% 47% 44% 65% 32 V» 10% Jun 40 .. 94% 10% Mar 300 56,600 16 Va 45% Co 104 104 •92 V* 5 5 Inc Plymouth Oil 21,200 *14% Plough 10 52 94 Va 207a May 29 51V* 16 Va 63 ♦140 ♦140 44 93 •92 V* 887* 12% 12,500 421'a 105 104% 113 <■ *90 V2 44% 32 Va •108 Shares 12 Va ♦14% 87 ♦150 12 93 104% 33 Sales fer the Week 94% 20% 12% Apr ■ 7% 12% 52 % 51 65 1 49 Oct 38 Va No par % *103% 105 Friday June 30 t per share ••• 16 Va •11 12% 41 • *£0 Va 53% Plttston Co (The) 27 Jan •103% 105 11% 93 Pittsburgh Young 14 Nov 52% 94 Va 12% 50 June £9 45% May 16 10 V* Jun 8% 43% •90% 26% Feb 21 145 38% Feb 32 .■/ 92 16 •11 107 Thursday 12 V* 100 A Ash pfd—100 Apr 15% 12 Va 65 Va 16 400 107 t per share tper share *92% CLOSED 1 Forglngs Co 50% Jun 52% Va 160 104 HIGH BALK PRICES 12% 92 1 Pittsburgh 12% Nov 21% 41 93% STOCK par Pitta Consolidation Coal Co__ 36% Feb Jun 46% Pittsburgh A West Virginia 14% Jun xl9% Jun 8% Feb Jan 44 V* 115% 104 107% *107 11% 93 % Co com—No par 10 71 24% 12% 113 27 4 30 107 107% *107 115 % 105 105 I per share 12 Va *108 Jun 3 Jan Feb I per share 105% 27% Jan Jan 19 V* Jun 25% $ per share Pittsburgh Steel Co com No par 1% preferred claw B 100 0% preferred class A 100 S%% 1st ser conv prior pfd—100 61 30% % •32 Va 8 71 1,300 , 116% *115% 116'/* June 28 *104% 27 Dec 25 Wednesday 5 Jun Jan 24% June 27 25 Jun Jan 25 Tuesday No par 100 PUlsbury Mills Inc common •4 preferred Pitts C C A Et Louis RR 160 25% 25 June 26 preferred series A 3 1 13,600 Monday 1 t 15 V* Jun 1,820 25 Jane 24 Feb 150 110 247a 105'/* LOW AND 1,690 1097* 105 V* 107'/a 22,900 25 116% 107% 9,500 49 Va 24 V* 8a tarda? STOCK 9% Jan Jan May 71% 20% Jan 1077a 15,300 65 25% 115% 168 88 Jun 107% 110 207a * 25'/2 ♦25 25 110 110 105 V* 115% ♦104 169 NOV Apr 105'/* ♦168 64% Nov Mar 115% •104'/* 7% gtd preferred Pittsburgh Plate Glass Co Pittsburgh Screw A Bolt 55 4% 115% -100 May 16 90 12% *24% 169 15% T-—— 3,800 58 Mar 22 175 ' 13 Va 507a 100 convertible 800 / • 105 13 70 170 8% May 31 *102'/a common— -No par Co 87,900 9%< 31%" 23 *147 40% May 18 , 13 % 800 11 9 *33% 48% 150 Mar 30 105 13 6,600 58,400 27* 66 *147 7 *102% 119 23 JLnc Co Pitts Ft Wayne A Chic Ry com—100 ,35% Jan 13 21 22 Ve 5 ,f 10 V* 13% 13% Mar 21 163 8% 13 Va V* 155 Jan 105 •102% 105 13 13 1 Dec 32 •102% 105 372 11 14% 3 „ Mar Jan 135% 32 148 8% Jun 32% Nov 37% Apr 32% 155 6% Jun 7% 97a 32 V8 3 100 Philip Morris A Co Ltd common—5 4% preferred 100 85 28% Jun 135 <sc Pitts Coke A Chem 3 Jun 29% Jan 24 14% Jun Jan 6 4 23 lBVsMar 24 V* Apr Jan 16% 9 32 Par 3%% 16% Apr 24 34 Va Mar 23 106 17 86 Dec Jun 108 Feb 12% Jun 97 Jun 32 , 69 30 V* Apr 103 Apr <88 97a 32% Fhflco Corp common 12 94% Jan 14% Mar Jun Jan 3 May 20 57% Jan 27 100 V* 24% Jun 10% Jan 93 Apr 11 Dec 142 14 Dec 105% Jan 79 Dec 32% Aug Jun 11 Jan 106 64 100% Jan 94 Deo 18 3 57% Mar 17 14 Sep 26 103 14% Feb 18 95% 87% Aug 51% Jun 9% 32% PhHa A Reading Coal A Iron 54% Apr 21 79% Nov Jan 97a $ per share Jan 22% 9 STOCKS 19% 40% Jun *10% •10% 10'/a EXCHANGE Lowest Highest 10 Va 4'/a II3/* preferred NEW Range Since Jan. 1 Highest Year 1949 11% America. oonv Range for Previous Lowest 2% 93/* Brewing Co_— (Chas) 4214 13 V* 116% 3% 100 n* Con? preference 4.4* preferred 3B* preferred 116 V* Mar 23 Apr 98 110% •10% 122% 2% ll3/* 400 35 35 116% -No par common Electric Phils 36 *35 3% 3% Phelps-Dodge Corp Philadelphia Co 64 06 preferred 110% May 17 36 124 3% -100 — preferred 1 Jun 125/ 123 33%c — A Eastern Ry Co Pet Milk Co ♦35 123 35 V* 35 36 1287a 3 Va Pepsi-Cola Co 6 75% May 52 Rights Peoria 4 Jan 147/a Jun 13 36 y* ■ Mar 377* Feb 5 11 Va Jan 13% Nov May 19 12 40% —— Peoples Drag Stores Inc Peoples Gss Light A Coke- 116% Jun v ) 52,600 " ' 37% 137 ; 8,500 1,800 6% 6% > 20,200 ' preferred Penn Power A Light Co Pennsylvania RR Pannsylranla Salt Mfg Co 9 •67a 67/a- lo Ponn-Dlxle Cement Co 10 34% Jan Dec Mar 31 Feb ; 28 29 35 13% Not 96% Parker 20 9% Feb 7% Apr 29 3 111 Jun. 29 Jan 10% Feb 17% Peb 32 43% —2.50 15 9% Jan 27% 16% 42'/* i . 5% Aug 106 2 Va 447a < 7.800 2 43% 2 2 Va 2 Va 42% 1 No par 220 2 2 42% 46 Va Jun 30% Feb 7,700 15% 997* 197a 16% 100 16 . 23,100 6% 6% 187a 16% 100 _1 Park Utah Consolidated Mines 60 106 106 6% 6% 7% . 10S •105 106 •105 105 105 34% Jan Jun 57,700 19 Peb Nor 156,500 8% 8 19 8% Dec 9 3% 3% 3% 3% 8 160 42 41 42% 1,590 12,300 7,100 3 2% 2% 19% 2% 23% Mar 6,300 147% 18% 38% x6 147% 8% 1 Parke Darts A Co_ 148 . 105 3% v 31%. 105 39 8'% 4,800 52 , 31V* 32% 2% 3% , 8% 50% 50 % 106 % 19% Jan 9 33,700 8% Jun 22 2,900 33 147 Vs 43 1% 2% May 20 32% aos 2% 42 3% 8 2% 1 24% 1% Mar 21 19% 33% •19% 100 Pictures Corp Park A Tilford Inc_ 11 60 20 V* 1 No par preferred / 30 5 Paramount 8 200 c 30 31% » 104% 148%- 100 1 A Refining 3,900 ■J, , 10 55 30% 50 : ; 148 110% No par Airways Inc A Transp Petrol preferred 32 108 148% 3 c i 31% 105 V* Panhandle East Pipe L com—No par 36 8 13 *9% i •50 32 y* \ '51.%. 51 108 —10o 100 Paclfk Tin Consolidated Corp 1 Pacific Western Oil Corp lo 3% May 11 48% Jun 12 , ' : PaeifSe Tekp.A Teleg com v 6% preferred 21 ^ r 19% 33% No par — \ Shares share 30%: •30% No par i Lighting Corp i .,12% 9% 55 •50 55 v *• 12% 9% •30 % r- 31'' •50 , 12 % » 10 12 10 55 9% , 55 . 12% 30% 10% 10% . Sales for the Week t per t per share t per share Friday June 38 June IsneSK " '■ Thursday Wedwooday .. t per share 12% 12 i, >10 preferred non-eum—__No par 35 t per share No par PaeWe Finance Corp of Calif-—10 25 50% JUn 29 June 27 I per share Paetfle Oas * Electric 28% Apr Tuesday June 26 1< Inc common non-cum 35% Jun : 13 65% Mar 10 Monday June 21 - 37% Jun 23 (23) • 107 . ♦105 107 •105 107 28,700 8,600 100 *107% 108% *107% 108% 29% 30 28 29% 29 29 28 Va 23% 29 V* 29% 2,300 21% 21% 20 Va 21 20y* 20% 20 Va 20 Va *20 Va 207* 1,000 19% 20% 18% 20 19% 197* 18 19% lays 19 75 77 75 75 75 75 74% 74% 74 V* 75 6% 6% 108 % 109 Va 67* 7% 6% 67a 100 Va 100% •99 Va 100 «/a 6% 67a 100% 100% •100 101 Va 67* 67a 100 Va 100% 300 „ 483,600 1,800 32,000 .•\ 240 31 31% 31 31 307a 31 Va 30% 30% 30 30 1,100 33 Va 347a 31 33% 33% 347* 32% 34 V* 32% 33 12,800 34 34 337* 34 34 34 34 34 33 Va 33% 21 21 207a 21 % 207. 21 20% 21 20 V* 20 Va 35% 35% •34 Va 36 •35 35 V* 35 35 35 V* 35% 31 Va 31V* 32 •30 V* 317* *30 32 •30 *30 32 2,500 4,500 1 400 200 > 24 (24) The Commercial and Financial Chronicle NEW Rgnge for Previous t per 10 Me t per Jan NEW YORK S per share S per share share Par Apr 10% Jun 30 14% Jun 2 Real Silk 15% Jun 29 18 Jan 3 Reed Roller 16% 12% Mar 30 16 Jan 7 ' Oct Reeves Hosiery Bros 4% Jan 6% 9% Jan 11 Feb 9 28% Jun 22 8% Jun 30 Feb 7 8% Jan Jun 18% 6 Jun Jan Dec 22 27 9% Jan 11 73 Jan 5 11 Jun 27 90 Nov 85 Jan 20 92 12% Jan 10 Ms Jan 13 5% Jan 25 16% Apr 25 10 Ma May 1 6% May 4% Jun 8% Jan Feb 14 3% Jun 27 5% Jan Dec 8% Jun 30 11% Feb 27% Jan 23 Ms Jan 13 38 » 8 Jun 91% Jun 10% Aug 6 Ma 18% Jun Sep 4% 34% 23 85% 13% 100 Jan 3 108% Jun Jan 26 13 Ma Jun 23 Oct 35% Jun 30 39% Jan 7 Sep 45 Va Jun 19 50 Jan 98 Aug Jun 5 94'/a Jan Xl05% Mar Dec 19 No par - 13 25% Jun I 5 1—100 _j! Inc . 8 29 *8% 13 16 -13 Ma ' 42% Dec 37MsFeb 14 15% Jun 21 Jan 16 Feb 16 *3% Jun 4Ma Jan 3 15 5% 21 Mar 7% 12 *88% 1 Apr 68 Va Jun 96% 6% Jun *7 r, 13 Ma 59 12 Dec Jan 13 60% Jan Dec 25% Jun 90 Me *7 l' ' . *9 33% 110 36% com-- 5o V2 11 Ms 11% 11 Ma 90Ma *86 14 Me 9Ma 9 Ma 834 3% 3 Ma 3% 9% 9 9 9 9 34 36 14 Ma* 133 i 10% Jun 16 21% Dec 19 Jun 30 Jun 39% Apr 61% 8% Sep 50 12% Mar Nov Jun 19% Feb 23 30 61 " 8% Jun .30 1, Feb 28 May 11 12% Apr 111 35% 36 111 111 Ma 21% 20 21 Me *108 109 Ma 63% Co Jan 109% Apr 35% May 7% Jun Dec 29% Jan 113% Feb xll0%Jun 48 % Jan 12 Mi Jan 33 y8 34 13 37 Mar 4 19 114 Mar 7 Mar 24 87 Jun 131% Dec 123 Jan 26 42% May 22 14% May ■'2 48% May 24 165% Feb 21 78 Jun 100% Nov 93 Jan 24 110% Jun 6% Jun 9 Me Jan 7% Feb 28 31 Jun 77 July 43% 87 9% Jun 42 '/4 Jun Dec 30 5 Ma 21 111 Ma 21 Ma *108 6 Ma 6 13 Apr 12% Jan 20% May 24 9% Jun 22% Jun 31% Dec 29% Mar 10 46% Jan 70 Dec 66 Feb 90 Jun 98 Nov 94 Feb 6 xl03% July 108 Oct 105% Feb 20 - Dec 30 78 Jun 94% Jun , 91% Mar 104% 12% Jan 83 Jan 91 13 ya 14 Jun 104 99 28 May 9 94 Apr *103 6 3/a 13% Jan Sep 3 16 Mar 27 86% Jan Jan 7 5 92 Mar 110% May 25 Jun 21% Dec 20 Jan 3 30% Jun Jun 62 Dec 60 Jan 3 70 16% Jan 19% Sep 17% Jun 27 56 Dec 2 13 ; 4.30% 21% Feb 2 .5% 47% Jan 25 Jan 11% Dec 10% Jan 31 15 Vo Mar 17' 44 Me Dec 41 Va Feb 15 48% Jun Sears 9 Mi Jun 16% Dec 15 Jan 3 4% 6% Jun 77 6 Mi Jun Jun 11% .20 3 May 20 7% May 27 14% May 31 90Ma Mar 13 5 Mi Jan Dec Feb 3 10 Mi Jan " Seaboard Oil Co *45 47 96 *45 96 Me 106% 23 47 96 106 Me *44' . . 47 *95 96 106 Ma 106 Ma *44 96 *1063% 106 96 7e 106% 600 106 3e 22 24 23 23% 22% 23 22 42 % 45 Ma 40 Ma 44 Ma 43 45 41% 43% 41 Ve 43% 18 18 Me 17% 17 Me 17 Ms 17 Me 17Me 17% 17 17 5 Ma 4 Ma 5 Me 5% 5% 5% 5% 5% 22% 22% 22 % 130 23 23 23 Ma 19% 22 213/a 22 Ma 16 Ma 22 22 21 Me 19 Me 20% 20 83% 85 79 105 Ma 107 106 1 17% 18 17 Ma 18 173/s 21% 20 Ma 21 20 18% 17 Me 21 203% 83 3 4 81% - 106 *105 82 79% 107 Ma 19'% 900 8,200 23 1,700 20 74,200 80 80 *104 106 104 105 17 18 16 7 193/e 20 Me 51 54 < 35,400 5% 18 Ma 82 Me 7,300 4,300 130 17 Ma 8,800 19 19% 4,800 50 51 8 ' par 54 Ma 5534 53 Ma 9 Me 9% 8% 31 55 *54 54 Va *9 9 Me 9% 8 Ma r.. 9 - 3,200 8 % 2,300 31% 17,800 8% 33 110 Me 31% Me 32 30 Ve 111 HOMe 111 *110% 111 11034 111 36% 38 38 Ma 39 37% 38 11 Me 11% 11 Me 10'/a 113/8 37 37% 11 11 Ma 9% 44 M8 45 Ma 42% 32% 31 44% 43 Me 44 Me 42 44 Me 9,900 146 *140 143 140 140 *138 145 110 *110 115 *110 115 *110 115 50 9 8 8 66,100 5 8% *86 87 83/e *85 Ma 8 87 ' 85 . Me Ma 83/a 16 Me 18 17 Ma 18 Ve 31 Ma 33 3/e 34 3 5 Me 88% 91 Ma 88 100 Me *100 109 Ve 90 913e 1067e 106 106 14 % 14% *89 Ma 90 Va 27 19% 71% 73 Me 12 Me 5 67 Me 19 Ma *89 28 Ma 67 Me Nopar 13% 12 Me 26 Ve *64 *105 14% *89 Ma Me 105 89% 26 18:% 18 Me 18% 73 70 71 Me, 11% 12 12 12 47 Me 42 46 44 Me 18Me 16Me 18 18 6% 1 6ye 11 Me No par 97 6 Me 10 Ma 06 6 117'b 97 % 96% Ma 11 Me *96 26% 20,600 100 18 4,500 18% 177e 69 Me 11% 11% 43 Ma ' 45 Mi 437 b 45 17 Ma 18 Ma 17% 6 Ma 173e 67e *6 Me 12Me 10% 97% 20 28 66 70 Ve ' 6% 12 " 3,900 90 % *89 *64 18 Ma 18 Me 1 120 14Ve 69 45 Me 17 100 104 13 Me 28 30 3,200 91% 104 66 260 283e *89% 89 Ma Me' *ll3/e 45% 28 14 *64 69 Ma ' 109 10 J Va 13% , 1 1 100'% 91% 29 66 No par 5 *99 *107 *89 Ma 90 Ma 28 *64 66 83% 100 Ma 29% 14% 17 Ma • 1,700 90 15,200 109 287/e 106 Ma 137/8 90 Ma 28 88% 89 t 90 Ma lOGMa 137,800 *99 91 40 18 35% *107 29 91 1 90 28 Me 87 17 M'a 34 Va 109 29% *86 18 Ma 35 Me 100 28% 91% 87 10 17 Me 100 30% 7% 34 • *107 108 91 Me 100 ; *89 Ma 100% 108 8 Ve *86 18% 34 Ma 5 j. 7% 86 17 Ma 32 Me 30 I common. 33,400 110 10O $4.50 preferred 11 Ma ♦140 100 : Co Ve 11,800 10 7e 144 -No par Del 590 37% 115 10o Co 44 111 33 *140 *108 com ; Ma 30% 110 Ma % *110 25 vtc 42 31% 100 No par Seiberling Rubber Co__ Inc 47 *95 M« 24 Va 100 com Refrigerator Servel *44 96 Me *106% 5 Co__ & 47 *95 106 Me r1.75 (The) Co of Roebuck Seeger 98% May 17 Jan 101% 9 220 13,200 10o common Seagrave Corp Jun 6,100 35% No par :— Finance 5% May 11 ._ ; preferred series A Seaboard 33,400 - 100 — common preferred Seaboard Air Line 33% 82 Cd 3.35% May 17 6 Me 21 Ve 105 35% No par Elec 6 21% 105 36 Me i preferred preferred—, Scranton 6 Ve 213% 105 35% 7—3 Ry preferred 3.65% 26,800 : preferred Co 500 21% 109% 36 Ma 5 $4 preferred Mfg 110 MB 21 *108 21 104 100 ; I—No Southwestern Scoville 110% 2.2 % 36 Ms com—l Savage Arms Corp Schenley Industries' Inc $3.40 111 5 Me 22 1 S non-cum 252,000 36% . (The)- Scott Paper Co 19 Jan .Controls common St Regis Paper Co common •1st pfd 4.40% series A_ 21' 100% Jun 47 Yi 36%, Feb 1 108% May 31 31% Jun 8 15 84% Jan Oct 35% Jun 7 Louis 35% 36 T 5% 1,000 34% 109 V2 20 Ma *108 105 21% 104 Ma *110 22 Ma 109 Ma 6 M8 21 Me 103 Ma 36 Ms 37 —100 St Joseph Lead Co____. 10 St L-San F Ry Co com vtc—No par Preferred series A 5% vtc_ 100 St 9 Ve 36 Ma 20 Safeway Storeys com..ion 5% preferred 22 9% May 19 93 May 1 85 May 13% 27 9,900 "8% ' 12,600 (Jacob) ' 16% 34,900 3 Ma 11% 5% — r Royal Typewriter—,. Ruppert 14,600 9% 2% 11 Ma -No par preferred series A Ronson Art Metal Works Inc; Ruberoid 15 Me 83/e 3 % 11 Me _1 4% 1 13% 9% 10Ma .-—Nopar Inc. Rqhm & Haas Co 14 Ma ' 12 Copper Miner. 22 90% 11'/a lo Co Oil Corp. Company \ Jun 20,800 10 , Manufacturing May 12 *86 10 11% 12 Ma 100 . 90% 3 Ma 109 Ma 6% 100 • 6 11'% - 11 • 88 Jun 113%. ' *36 800 58 Va *56% 13 a, 107 15 400 8% ' 12 Me series.. 13 102 8 '28 8 Ma 1 series. Mar 17 Dec 19% Nov 105 *7 *56% 9 Me 33'/a 110% 20 M8 108 2.50 , Robertshaw-Fulton 4,800 *27 : 59 14 5% *9 22 Me 22 1,400 13% ' 3% 105% 23% Jun 8 8% 8 Me 9% 21 Me Mills 1,300 . 16 13% 28 8% 13% 3 Me 104% Robbins ' 16 " 28 ' No par com Richfield .9 .11% 10 M2 13 Va 8% *56% • *84 9 Me No par Antelope Shares t per share :: 12.; IS 8 28 8% 11 Ma 14% 8%' 3 Va 10 4.50% Roan share i < 3.60% Ritter 8 the Week '15% 13% 28 ■-* 8 Ma 11 90% 14 1 50c 28 *50 Ma 11% Preferred 48% May 24 19% Feb 27 19 % Mar 24 Dec 12% Jun 36 Jan Sales for June 3ft U0 Ma , i' 24% Jan Friday June 20 share 113% 16 73,'e 28 8% 58 Preferred Rlieem *7 ' 9 —_25c — Corp Common 15 *7 *28 CLQ8ED 58 . i Steel STOCK EXCHANGE 50c common Reynolds Spring Co ,—, .Reynolds iR J) Tob class B_; 99% Mar 31 108% Jun 2 8 Jan preference——10 convertible preferred—r—100 5%% 10 21 % 13% Drug Inc Reynolds Metals Co. 6 9 108% Nov 13 Ma Rexall 24% May 24 Feb Dec 39% Jan Jan 6 > 40 Jan 13^4 6% conv prior pfd series A—100 Revere Copper & Brass com—No par 5 M»% preferred —> 100 6 Jun 7% May 16 13 2C% Jan 13 Ma Thursday S per ■■ ' Republic 28 24% Jun 108 14 5 Me Feb 23 111 Ma Jqn 3 18 Jan 10 42 Va Mar 102% 13 Jan 14% Jan 99% Jan Dec 103% Jun 103 Jan Dec 16% 100 4% Aug 98 Jan 110 Jun 91 50c preferred t 17 * 16 Ma Aviation Corp i. Republic. Pictures common l $1 convertible preferred— 1 4% Jan S per 13 prior Motors S per share 16 Republic 30 Jan 5% Dec 10 Jun 2M* $4.50 Reo '4 1234 Reliable 8tores Corp. 20 t per share 13 Remington-Rand 58 June 28 17 14% Feb Nov 12% Dec t per share 5 Inc PRICES Wednesday June 27 13 & Co— div SALE Tuesday June 26 16 Ma 62% May 15 60 Apr Jun 8% Mills com Reliance Mfg Co common Conv pfd 3%% series Aug 50 $1.25 AND HIGH Monday * Co_w__——-No par Bit Reis (Robt) 7 Saturday June 24 Monday, July 3, 1950 ." . RECORD LOW STOCK EXCHANGE 23% Jan 13% Jan 15% Nov 11% Range Since Jan. I Highest Lowest Highest share STOCK STOCKS Year 1949 Lowest YORK '. *95 t 6 Ma 1,600 41,300 7,700 63a 11 Va 6,800 11% 97 Ma 2,700 11% *95 11% 97 7012 , 31,800 ' 150 (•; Range for Previous STOCKS Yegr1949 Lowest > , I per share 24% Range Since Jan. 1 Lowest Highest $ per share [ 1 / Highest S per share NEW i YORK $ per share f Jun 31% May 24Ma Jun 27 30% May 19 Shamrock Oil 37% Jan 25% Feb 16 34% Jun 38% Dec 36 Va Jun 29 45% May 4 Sharon Steel Corpi 1 Sharp & Dohme cqmmon 105% Feb 14 108% Apr 6 Jan 8% Jun 10% Oct 9M4 Jun 27 11 ' 7 $4.25 & Gas Jan 11 Shaituck Apr 15 Mi Dec 15 Ma Jan 7 21M8 Feb .8 Juri 40% Dec 34% Jan 25 x44% Jun 12 5 Jan 2% 22 28 7 Oct Jun 4% 27% 6M4 Jan Jan May Nov Oct 18% Jun 36% 24% 13 Jan 29 Ms Mar 21 Sep 21% Feb Jun 22% Dec 20% Jan 15 Silver 3 24 19 Jun 33 Mi Dec 29 Ma Jan 13 > 21% Nov 31% Jan 19 Ms Jun 29 88 M2 Feb 78 % Jun 27 88 Jun 21 % Jun -25 83% May 95% Jan 102 100% Mar 95 10% Jun 17 Mi Jan 14% Jan; Jun 17% Oct 16 97% July 3% 107% Dec Jan 4% 10 Ma Dec 52% 106 Mar Jan 12 Mar Feb 8 23 4 122% May 26 14 21% Jun 23 20 29 118 Ma May 24 4% Jan 12 30 .11 51 Ma Jan *' Jan 3 M2 Jun Oct 40 36% May 29 8% Jun Oct 7% Jan ' 5 Coalition Co ; ll Jan 28 53% Apr 14 26 Ma 25% 26 24% 25 Me 26 Me 31 Ma 30 Va 31 Me 29% 31 29% 30% JBTOCK 21,700 36 Ve 39 37 Me 38 Ma 10,500 EXCHANGE *104% 107 *106 42 V* 38 107 9 Ma 41% 106 9 Ma -39 Me f 106 40 104 Ma 107 Ma : 9 Mi 9 Ma 9 Me 9% 9 % 21 203/4 20% *19% 21% *19% 42 39% 41% 1 41 Me 42 Ma 39 Me 7% 8% 7 Mi 73/4 7% 8 3 3% 3 3 2% 3 No par .No par _No par 29 Ma 30 34 34 Ma 28 29% *33% 29% 27 Ma *33% 333/4 33 Ma 33 Ma 25 Me 25% 57 22 22 Me 54 % 21 Mi lo (A) & Sons Carpet Co com—20 Smith ,21 Ma 21 Me 21 Me 21 21 21 21 32% 34 30 Va 33 32 34 Me 31% 33 21% 33% 32 21 20 Me 21 19%- 20 Ma 19»/e 19% 19 Me 19 3 79% *78 Ma 80 *78 Ma 80 95 Ma *92 95 Ma *92. 95 Ma 18 */8 1 17 ' *17 18% 1,800 19% 2L~,800 3V2.% ■ 25 preferred.- '4.20% Smith 100 preferred __J ; foo Typewriters^No par & Corona Socony Vacuum Oil Co, Inc„ 15 Solvay American Corp, 4% pfd__ 100 Sduth Amer Gold & Platinum 1 South Carolina E & G Co com—4.50 preferred : 9 14 Jan 3 45 May 29 South 4 45 Feb 1 29% Jan 35 Ma Nov 32% Jun 30 36% Jun 12 10% Sep 12 NOV 8% preferred Southern California • 50 28% Jan 36% Nov 34% Jan. 13 40. Apr -11 32 Mi Southern Jun 51 Dec 49 Jun 27 58 May 24 Southern 25% Jun 41 Jan 32% Feb 11 38% May 23% May 25 South Jan 53 Me Jun 29 Feb 58 M2 Jun 28 59 Ma May 22 65 Feb 9 13% Jan 11% Jun 30 13% Feb 3% May 3% July 6 Ma Jan 4% Jan 3 *57/s Oct 5 14 10 V* Feb .15 5 7 Feb 18 53% Dec 73 May 60 Jan 3 71 Apr 29 21 Feb 26 Oct 21 Jun 19 25 Feb 24 22% Jun 29% Mar 25% Jan 3 6% Jun 10 Ma Mar 64. 13% Jan 71 Ma Apr Jun 18 M. Dec 23% Feb 100 Apr 17% Apr 82 Jun 18% Jan 98% Jan Jan Jun 37% 107 8% Mar 30 68 23 16 Feb 34 Jan 13 106% Jan 25 Dec Dec Jan 16 29% May 1 12% Jun 23 72- Feb 19 Ma Jun 40 Mar 108% Apr 24 . *78 Ma *92% 80 78 Ma 79 94 *92 93% *92 18 Ma 19 17 16 % 19 Va 20% 19 111 Me 111 8% *51 Me 78 Ma 19 3/4 20 Ma ►111 Ma 112 Ma 108% 3% 3% 33/4 3% 3% 9 8 8% 8% 8% 8% 8 34 53 *51 Ma • 53 *51 19 53 *51 30 31 24% May 6 96% May 24 3 77% Mar 27 143 Dec 133 Jun 30 160 Mar 22 159% Dec 150 Jun 29 174 Mar 22 Jan 70 Sep 25 72% Jun 9 36% Jun 45Mb Nov 42% Feb 14 50 3/a Jun 23 60% Jun 74% Nov 66 25 Jun 12 page 26 JL. Conv 35 % 33 Me 11% 11 Me Pacific Co Nopar common No par 11% preferred 100 100 1 - Nq par common— 1 Nopar i 2 Co _No par 5 ; R) & Sons Brands common 1 ;No pa* Inc com No par $3.50 preferred + _No par Standard G & E Co $4 pref__No par .$6 prior preferred _No par $7 prior preferred—.,: Nopar Standard Oil of California—_No par Standard Oil Standard Oil of of Indiana New 21% 21 Me 35% 37, 36 36 Ma 4.) 53 52 % Jerser 25 25 • 21 Me 38 54 Mt 53% 33 3534 34% 56% 56 Me 55 *58 Ma 60% 58 Ma 58 Ma 12 Me 11 Me 11% 11% 7% 5 Me 7 Me 6 Ma 11% 7 •' 12 6% 5 Ma ♦68 32% 54 5% 5 Ma 71 *68 21 Ma 34% 5 Ma 5 Ma 71 20 Me *68 21 4 3,300 1,000 6,700 60 110 1,100 3% 8,800 8% 25,100 53 11% 11% 40% 41% Va *40 Me 42 33 Ma 32% 33 11 Me 11% 11 Me 11 Me Ma 4,300 6,100 300 13.000 139,000 21 Me 55 Ma 60 Ma 10,200 21% 21 35% 36% 35 Me 36 10,500 50 • 35% 56 y4 *59 V2 20 Ma common preferred— 21% 36% 51 Ma 3% 8%. 146,500 ' - 33 v 34 10% 11% 42 I *51 53 413/s *40% *19% 109 11%. Ma 32% 12% Co preferred Standard ' 21% $4.50 D 20 Ma Jun 36 Ma 11% Spiegel Inc (E 47% Jan 35 preferred $4 89 3/4 Jan 25 • 20 Me HI 41 42 42 21% ,Railway 11% 41% *40 Me ( El 11% 43 41 5 & 11% 42 41 Spencer Kellogg <fe Sons. Sperry Corp (The) Square Dec see $5.50 11% 43% 413{» com_No par Natural Gats-Co __^ 7.50 Co Squibb Dec For footnotes & 12 43% Eriisnn a 20% 41% (The) non-cum Spear 11% M2 111-Me 3% 25 Mobile & Ohio stock tr ctfs 9 52% Co 5 / " 3% 113 3% Ma comJtyo par ■ Spalding (AG) & Bros Inc Sparks-Withington Co•- 3 92 Jan Southern 5% Rico Sugar Ind Gas -5 22% Nor 61 Porto Southern 66 Ma Apr Southeastern Greyhound Lines 13% Mar 16 61 500 26 Ma 56 Ma Jan Jun > 53% 40 Jun 4,500 6,500 34 25 36% Jan Nov *32% 11,100 28% 57% 11 M» Jun 10% 28 • 26 Me Apr 45 Ma 17,800 734 2% 55 Aug 56 100 41 Ma 73/e 29 6,800 7 2% 28% 34 393e 300 9% 21 26 Nov 2 Me 3 " 106 55% 14 Ma . % 7 23/4 r 41 7 Ma * 9% *19% 26% 45 30 106 9 Ma 53 Ma 40 Jun ! 21 39 Ma CLOSED 10,700 24 Ma Jan 21 125 3/4 58 Oct 55 24 Ma 29 Mi 27 Feb » Shares 27% 25% 36 Mi 27 the Week S per share 54% 26% 10% Jun Sales for June 30 t 32Mb . 12 Friday June 2S) $ per share 20 II 109 Thursday t per share 5 1 Mines _ Skelly Oil Co new Slqss-Sheffiqid Steel & lron_ Smith (A O) Corp : >5% Sper share *19 3/4 1 - 14% Feb 3 King Simmons t per share 15 ^ Simonds Saw & Steel— Sinclair Oil Corp— May 28% May 20 65 Ma May 22 27 * 8% May 13 4 May 9 33% May 26 36" 13 53% Jun 16% • 2% Mar 31 26% Jan June 28 41% Nopar Nopar Sheaffer (W A) Pen Co_. Shell Oil Corp 4 Sheraton Corp of America ' Wednesday June 27 26 .preferred—: (Frank G) 1 11% PRICES Tuesday June 26 30 cum 30 SALE Monday June 2* *• S per share 22% . 6atarday: .. 21% Aug . LOW AND HIGH STOCK EXCHANGE . 52 3 50 Ma 52 66,800 33 Me 35 25,300 543e 543e 33 Me 35 53% 55 *58 11 Me • 5% 6 5% 71 4 *68 60 *58 21% 60 2,200 4,600 100 11% 11% 1138 1,800 634 6% 6% 37,700 5% 1,100 5% 71 5 M» *68 71 21 21 Ma 21 21 % 21 28 Ma 21% 28% 28 28 Me 27 Ma 28 Me 27 Me 28 10% 27 Me 11M4 27% 14,300 10 Ma 11 10 Ma 11 71 9% 72 10% 52,800 71 71% " *70 Va 9% 71 70 10 Va 70 *69% 70 16% 17% 16MB 17 Me 16Mb 17* 16 Me 17% 35 Ma 16% 16% 36% 35 Me 35 Ma 35 Va 353e 34 35% 34 34%" 108Va 107% ♦108 108 107 M'e 213/8 22 Ma 20 Me 21% 93 Ma 93 Ma 90% 92 3 64% 68% 60 Ma 66 145 67 142 160 154% 143 158 Ma 156 108 107 Ma 6234 217'e 21 92 *91 146 Me 147% 157 Ma 20% 4 90 Ma 107 % 21% 91 69% 65 V4 10734 250 21Ma 15,600 91 140 62 64,500 64% 58 *138 140 138 138 59 Me 46Me 48 Me 73% 76 \A 703e 74% 157 1,100 - 150 153 152 154% 3,300 65% 69 % 49% 6,500 201'2 *90% ' Mt 47% 260 11,700 107ae 143 Ma 63% 3,500 67 Ma 66 67 66 66 3 e 23,300 47M4 4 8MB 46 Ma 48%-- —47 -47% 23,900 73Me 74% 71 Mi 74 73% 75,600 Ma 71 Ma Volume 172 Number 4921 . . The Commercial and Financial Chronicle . (25) NEW Range for Previous $ per Lowest Highest sh'are $ per $ per share Highest Jun 27 % Oct 96 % May 12 Jun 102% Dec 20% 48 40 Jun X27 Jun 10 $ per share 94 Dec 18% Jan 24 Jun 22 Standard 48 Jan 6 52% Jun 23 1 32% Jan Jan 12% Jan 3 15 % Aug 35 % Jun 30 100 Jan 13 Jan Jun 9'/a 3%% 25 26% Mar Jan ^ Tuesday Wednesday Thursday June 26 June 27 June*£8 June 29 Steel Starrett Co (The) Jan 28 Sterchi 39% Feb 10 Sterling Drug Inc 3%% preferred Bros L 8^ Stores $ per 28% ' Feb 98 33% Deo Jan 12, 21 30% Apr 14% Jan Jan 100 Mar 7 Jun 35 27 9 Stevens5 (J 18% Jan ■; 4 23% Apr 27 16 V2 Feb 23 Dec 26 Jan 13 35% Jun 9 Stuaebaker 28% Jun 52 -Dec" 43 'A Apr 26 7 Sunbeam-Corp L ■— No par Sun Chemical Corp common..—. l $4.50 seriea A preferred-^—No par ! 6% Feb 9% 96 Jan Feb Jun 15 July 8% Jan Oct Sep Oct 20 118% Jan 11% 16% Jan • Jun 21% Sep 19 fcO % L>cu 53 12% Sep Jan 30 25 15% Jun .30 Aug 14% Jan 30% Jun 41% Dec l'oeVsr Dec 1 108 % 2 Jun 4'; 13 33% Jun 29 37% Mar 23 15% Mar 3R/r Jun ■ • Jan 4 5% Jan 6% Nov 3 12%- May 26 9% Jun 12% Deo: 11% Jan 9 2% Jun 6% DeC^ 4% Apr 10 Jan 3 18 48%; Jun 65% Nov 11 % Jun 18% Nov 56 Jun 70 y« Dec 16% Jun 26.% NOV Nov 17 / . 15% Jan 3 > $4 May 17 Texas 2 32% 28* 31% 30%; 31% 28% 31% 29 49%" 20%- 22 21% 17%- le¬ 16% 16 V* 18% 15% 16% 15% 16 10,900' 59 ss % 58 56. 9% 57 54% 56 53 54 4,600 9% 10 9y. 12 13 % 41 41 10%- 4.16% 6 Nov 9 Apr 95" 6 Mar, May 5%'Jun ■ Apr 2a j 94% Jan Dec ( a 10 Jun Oct 3% Mar 27 bVt Feb 40 Dec 29% Jun 29 42%« Feb 25% Jan 107% Dec 4% 2 % May 23%; May 19%: Jun , 102%'.May 22 Jan 105% Jdn X104R Jun <13%; Jun 19 32%- Nov 43 % Ma r- 13% Jun iJan 5 ' i Tiniken-Detroit 17% Jun >2 27 33% Mar 17 38 ? Range Since Jatnil Highest; Year 1949 I$ per 10 S per 16% Jan , $ per share Jan 10< Dec , 167/« Feb 6% Feb 9% Dec 98% Feb 108% Ofct 15% Jan 9% Aug 19% Jan 32% Jan 24' 32% Jun 12% 16,800' *11%. 5V'a- 5i/a 17%. 17% 0%. 113/4 500* 12% 26,000 290 6,500' *5y». 5% 2^00! 173A 17% 3,800 64»/2 66% 34,700* 24^600 66% 641/a 663/4 20 ? 20%. 19( 20% 19 19% 723/a 71% 70% 71% 25 % 23%, 24% 22% 72% 24% 22% 24 72%. 26 22%" 65%' ; 800 . 53/8 17%- < 6,400 19,900 56% i 9%' - 53V2 58 49% 49% 10 10% 9,700 14% 14% 141/a 14 14% 2,700 6%; 40 41/a 21% •eve 57 6% 52%.; 3%- 26%. .3%, 27%% 54% 100 *99: 32 13-%' 6%. 4. .. 9%*. 35 2034 31 f 57 Vi 49 40 4Va; 99% 100 3% 59% 10% 6 21V422 *6%. 57% 48 10%. 35 40 % 3% 59% 48% 10% 49 10% *12%.- 6%; *40 v 58 50 8% -; 34% 6% 59% 48 10% 14% , 3% 30 26%- ■ 32% 27 Vv 8% 10% 14% 8% 343/2; 34% 34% 133/4> *12%. 133/4 6%. 6% 6% 14% 9-1/4" 9 34'Va- *12% 6%♦40! 4%. 20% 6%k 41! 40 3%» 31% 27 % *104% 54 55 98 80 3% 3% 29% 27% 291/4 30% 5,700! 2,200 V1- 288/e- 271/4 23,600 15'% 16%. 13%" 15% 14%- 153% 14'%. 35%; 34 35%. 33%" 35% 34 - 6,200 98% 3% 34% i 200' 6% 55% 9&J/2 *105%. 107 *104% *105% 107" *104% *6 3;700 2,500 3% 27% *105%f 107 — 120 4% 20% 29% 27f 3%; ♦104% 5,500 40 43/r 52V» 31% *105%. 107 40 20% 6 5,100 280 6% 0% 4s/a 6 <" 13% *97%' 54%. 99* 1,300 34s! 12%v * 211/8 20% 6% 53 V'2. 98V4. 40 4%. 4»/«, 21%. 8% 8% 333/4 15,800 15% 34% *105% 107' *104%' L—w 14% IS' 33% 34% 1 19,600 8,800 5 34% Nov 29% Jan 18 4% Jan 3 Jan EXCHANGE -' V Pdr Tuesday June 26 June • June 27 fper share J per share Sper share- Friday Thursday Wednesday Jurte1^ June 29 June" 80 $ per share t per share Sales for the Week $ per shart Sharei' 2 17% 18 16% 17% 17 Me 17% 163/e 17% 163/» 16% 15% 17%- 15% 16% 16 %f- 17J/v 153/8 16% 15% 163/4 161/4 16% 15 16 16: 15 Mr 15% 15 y4 1,100 STOCK 10 10% 9'/4 15% 9% 9% 71,500 EXCHANGE 108 108% *105%. 106% 105% 105% Corp '. 12 Tri-Cbntinerttal Corp common . Monday Saturday - ' Transcoht'l & Western Air Inc..—5 $6 preferred —_ No par 1 No par . Truax-Traer Coal Co.— , $4.50* prior* preferred!—No par City Rap Transit com. .Nopar 5% torn prior preferred—. 50 Twin ; 39 Apr 13 7% May .6 Twin Coach CoL —1 — 10% 107% 106 9%» lOVa- - 9 *104% 59,600 13,200 106 510 12% 11% 12% 12%. 12% 12% 12% 12 y«. 12-% 7,600 19 19%. 18% 19% 19 19% 18% 19% 183/4 19% 17,800 33 33 $1.50 conv preferred^--—NO par , 9%. ♦15%. 12% CLOSED _5 20th Pentuiy Fox Film com—No par 6 S 103 Jatf 8".. 13% Apr 13. 2' 6% 12%- 5% 20% - -..No par Transue & Williams StOel-^ 25% Jan .36% JfM 29 Jun 8%. Jan 99 Dec - Transamerlca 13%'May 24 37% Dec 4"%i Jun ' 5 _ 11 3 Jan 10 ' >Jun 6% 6%- 12Vv: V 66R/a 19 Vr 71%; 9% ^..100 _ 110% May 17 10% Nov Sop 4% Jan 12% *12%. 71'%* 62% 73%- 112%.. -13 V* 15 5 - 11% Juh 18%,Jun 29 103 98% ' 6V4. 53/'s'. 18 68 . 34% * 1 Jan 18 3" 104% Jan 25%. Dec 1 - 207/rApr -8 8% Jan 13 . ■ J9% Jun" 23 15% Juri 29 15 ' Mar 7 : Jun —• corny..: new Axle. S'per share share 14% Jail 13' 17%-. Dec. 11% (The)—— NEW YORK STOCK ... . Lowest Highest share 13% 12% 12% *12% otapicq Range for Previous* Lowest 12%" 5'/8 i7y4" 21 i .1 : Tlmken Roller Bearing... Apr 22 13% 11% 5%- •83%. 6%- 24% i -10 $3.75.pfd called at $106—Nopar $3.75 pfd called at $105—No par 105,°^ Mfty 15 12%. 13% *11% 19% Tide Water Associated Oft Com.—10 ' 8 , 10,000' 72%- Th om pSofl - Star re tt Co com__No par ' $3.50 preference —NO par . 6- 30% May 22 106% Mar 21 3 , 6 34% Trust— Co common Thompson-(J R)_ Thompson Products 4%,. preferred^- .1 34%- 18% 65% conv Thomas Steel Co 100% May 12 4' - 7 35 *11%- 12 5%. $2.50 convertible preferred. ,50 JThird Avenue Transit. Corp_No par 4 33% 6% 18 — May 24 7% Jan 60 51% May 12 84% , 353/ir 6 VA- 15'/4- 24 35 6% 6%« 14% 42 36% 83"% preferred No par Thatcher Glass Mfg Co: common—5 $2.40 conv preference: No par The Fair* —..Nopar 3% Jan 2,700- 83% 31 17% Jan 10% 85 167/b Jan Jan 10 84 30 26 10% 85 11% 25 360* 10 83' v par 500 10%* 83' 6% —10 5,400 *105%, 107 84% Jun 14%- Jun 106%- 108 2T 1 ; 2,600 * 19%; 14 5% Jan 36% Jan 39 21 11 % Oct 38% 10% ♦12% 62% Jan 39% 35% 51 Vi? 7% 39% 8,000 12 19%, 10% 41% 11% 13* 50 Jun 12% 84 .5 8,100 300 20% 58 Mar 12 401/2.HO ♦108 5,400 9% 9% 285 13 300 13* 50c 35 9% 9% 295 20%, 100 <1% 21% 13' __1 Thermoid 21 20% share certificates 7% Jun', 1 21% 18>/s- & Pacific Ry CoInc common. 1 21 102,100 10%. 12% Sub Jan 19* 13%- Texas 6% 18% 21% Textron Jun 20 13% 13 1 12% 20%' r 31 1 12% 19 9% 12% 315 *40 •' 12%. 12%. 20V* 21%" 10 13% 13% . 108%' , 12% 41 108 Jun 17 * *305 12% *39% ll'A" 36% 36% 295 11% 108%' 110% • 9% -295 308 297 12% Jan Apr 50 22 ' m- 2,700* 16% 55 Apr 13% Jan 120 58 14 14 62 120 21%- 30 43 *60 20 Feb 7% Jan /3 120% 14,300 20% Jun 12% Jan 61 *119 2,200 0% 100 % 20 10 30% Jan 120 44% 9% *99 20% 44 Nov 10% 100% 61 61" 60% 120 44% 45 9%' *99 12%. 53% Jan ,Oct 43%, 10 V'a100 »/2 130,S00 12% Dec 8% 120 48 ' 400 21,800' 12% Dec 14' 10 *99 ' 61 60% 120 11% Jan 15% Jan 32% Aug *46 10% 100% 9,700 ' 13 58% Dec 49%. 9% *99 48 4% I 48 10%- 100J/2 *17 * .100 ; 24,800 11% Feb Apr 11%- 18% 30% Jun 4% Mar 11 ' 220 6,000 1 17 Jun 12 15% 18% 8 $1.25 33 14% 11 33% . 32% 15% 100 * 17 10 Texas: Pacific Coal & Oft- 65% May 20 33% 14% 12 100 20% 25 ... Land 100 33 15% 19% 50 Producing Co— Texas/ Gulf Sulphur—. Pacific *99% 34 % 15% 17 25 Texas. GiAf 27% May 20.' 100 33% 36,700 1,100 12% Inc com__No par __No par Co 100 34% 16% , 11% 36 25% 100% 18% 10 (James). Tennessee) Corp. Texas 13% July 6,900 174 10c Gould Corp Talcott Inc 22% Jun .22 3 1,400 11. Telautograph Corp 74% May 19 20% Feb 16 preferred Symington 18 71% Jun 25 13 Jan 59% Jan 69 • 7% Apr 19 900 13% 35% 19% Certificates of deposit..— 18 88% May 31 7% Mar 30 79 28% 13% 35% 17% 25 feyivania Elec Prod 26% Apr r Mar ,13%" Jun 6 26 13% Jun 28 27- 13 89 3 Jun 19% Jun x Jan 28 % 13% 36% 19% 49 —1 Swift International LtdL 91/4 Jan 'Feb 12 24% 28% 13% 35% 17% 62 Swift & Co- _ 17Ve Aug 76% Sep *23% 14 36% ♦99% 121 Corp Sutherland Paper Co 4 %%•■ preferred Sweets Co of America (The) 27 Dec 29 Vs 14 36 20 Vs 61 Steel Jun Apr 28% 14%36 17% *99- 12.50 10 • 29% 30% preferi-ed series B. ___25 conv 2nd pfd ser-1950-—20 Superior Mar 13 112 29 28 % 18% ♦120 Sunshine Mining Co Superior Oil of California 42% Mar 16 11 50 17% <..-100 common. 11% -Nov ' 27% Jun 8% 106% Jun Dec 4%% 5%% 23 14% Jun 50 21 No par preferred Oil Corp 36% 7'A- Feb ^ Feb Jun 50% 20 __i Sunshine Biscuits Inc 11May 11 9% Mar 30 38 11 316 Corp 4%^> preferred series A^._ 26 63% Apr 11% *17% 20 _„No par Class A 4%% Sunray 4 17'A Jun 3 Jan 9 23% Apr • 30 8% Mar 30 195 D?c 8% Jun 9 4 May 22 reb 227 Jan Apr t preference Sun Oil Co common 64% May 12 xl22 14: 14 16% Jun 12 18 10% Jan 25 17% Jan- 7% Mar Jun Apr 55% Feb 15 Dec 3b V4 127 11 3 95 % Jan Dec 122 Mar 71 101 5,%- prior Stone & Webster 1 66% Jan 9 27 100 50 % 13% 35% 0 50% 10% 7 29 27 100 50% 12 14% Jan Jun • 21,900 50% 14% 17 10% Jun 23 102 21% 33% 18% Jun Shares share 28 21 16% Dec Dec S per *101 22% 34% Dec 13% 29% 102 21 15% 18'A share 28 *101' 22% 33% 21% 29% 101% Sales for the Week 22 15 . Feb 52% 36% 100 100 — & Co Inc P) 15 'A- Jan 117 15 $ per share 29 Va 101S/8 Friday June 80 23% 50 % Stewart-Warner-Corp j, 5 Stokley-Van Camp Inc common—.1 21% Apr 21 3 - ^5 12V2 90- 29% 14% 35% CLOSED 51 102 21 28% EXCHANGE 23% S per 29 V2 •101 51 STOCK _1 common_ 'per share 27% . 22% • 50 .—No par 30% 102" *101 1 Inc. S t per share share 10 100 Spring common. convertible preferred 4% 5 of Ohio common Oil preferred series A " Jan 9% Standard 24 41 Oct 24 % 23 103% Apr PRICES Monday June£4 Par 31% JUn 21 25% Jan 101 SALE Saturday share 4 Feb Dec 38% July 35 RECORD LOW AND HIGH STOCK EXCHANGE ' 20 STOCK STOCKS NEW YORK Range Since Jan. 1 Year 1949 Lowest YORK 25 'mm , • • • A ' 11% ' 33 „ 33 32%, 32%. 32% 32%. 102 100% 100 y2 100 »/2 *100 11% 35. 53/4. . 11% 11% 11% 11 : 35% 35%* 34% 35 34% 35 5'/8 5%. 5% 5%.. 5%t 5% 33% *32%. 11% ♦100 11% 34i/». ■ : * 100%. UOO k *100 100 11 y4 *34 ,5% 1,200 102 11 2,400 35 5%" 280 5% 4,100 U • Jun 16% OeC 39 Nov 46 J«n- 10% Feb 12% Apr 19%; Jun 31% Jan 33% 45% Dec 8% Jun 107 Jan 112 ' 94' Jan 96 Jan 94' if , , Aug L_ Aug Feb 21 103 Jan 24 24% May'2 73% Jun 32% Sep 89% Jan 81 51% Feb 50 Jan 30% Dec 36% Jan 31 M&y 12 20 Vs July ; 27 109% ' i4«/4 85% lb4%, Jun 10% Jun 61%, Jan 19% Feb lp3's 4% Jun 9% Oct 40% Jun ( 47%-Sep ' 3% Dec 3% Oct 3% Jun Juh 30 28 27 4 37% Jun 30 Dec 9% Dec , 3 3% Jan May United Aircraft - Corp common Mar Feb ,10% Juh 40% Apr 2% Jun 23 3% Jun Mar 20 1 29 20 " * 23 10* Jan 12 Mar 78%Mar 19 % Mar 6 3 70* Dec 22% Jan" 42% Dec 40% Jatt 55% Dec 13* 53% Jan 13 19% Dec 16% Jun 30 19% Mar 22 26% Dec 25% Jun 6 29V* Apr 18 No par UnitO<MjS^rbbtt Co No par Fsthr Corp new.No par Umte& ICig-Whelan Stores com—30c 3 Jun 25% Deo 16% Jun 30 -23%<Jan 12 18% Feb 30% Dee 102% Nor 27% Jah 25 ^ 36% Jun 12 .. 94- Mar 12%- Jun 17% Jan* 116% Dec -Jan 175 6% 43 187 Jun 57 26%-Oct 17% Apr 9% -3% Jun 15%- Jun Jan 7% Jan" • - Jan r -—■ 106V2 May 23 189 Jun Mar 2 4 3 11% May 16 4 54 Mar 11 10 8% Jah 28% Jan 9 14%,Jun 27 7% May 10 :; : . 5v 8% Jan 22 ' 187/b May 19 135 46% Jan For footnotes see page 36 . 30 Jkh 23' 182V2 Jan Dee 3OV2 Dec 16%-Oct' 8%- Apr Mar 18' 14% JUn 10%-Sep May 11% Oct 100 110 "• Mar 29 29 Jun 18a'wJun 12 23 54% Jim 23" 18 Feh 4 8%-Jan 9 — 30%' 28% 293/4 28'A 28% 18,600 46 47 45 46% 44 46 49,509 : 113% *. *113% 28% *108% 9% $4.50 1st preferred———Nopar U S Freight Co^ —.Nopar U S Gypsum Co' commdn— 20 103 95 95 106 106% 113% *100% 96 106 *104% 113% 95% *104% *104%* 106 103 *95% 190 106 150 26 26%* 26 26% 26 26% 83 %« 84%' 8VA 83% 81% 83 51%* 51% 51 51/ 51 51% 1,600 32 32% 32 32 V4- 31% 32% 31% 32 2.200 27% 28% 28Mf 30 28 V* 29% 28% 29% 108% 108% - *106 , 111 *106 1 111 *106 27,800^ 8,700 33,800 111 14% 13% 14% 14'A.. 14% 13% 14%-. 13% 83 83 83 83 82, 82 80 80 28%. 29-%. 28% 29% *108%." 109%; *108 Va 109% 300 1*% 84% 30 %r 28% *108% 109% 25%- 24: 2% 38%. 39%" 3% 41/a" 9 V8 loy# 9%* 36%. 9% 3 30 109% 35%. 24* 2%* 38%. 4Vv 10 66 64 *23 2%, 38Vf- 10% 9% 36%. 34%- 24% 2% 38%* 24 4 4 3% 9% 9* 65 % 27,100* 400 29% 5,300' 109% 9% 9 35% 34 34-% 23 24 24 9%r ' 2 Vac 38% 9% 64 28Ve *108% 2% 38% 4- 10 2% 64 500" 2% 26,000" 460 4* 37A< 9 4,800 4,000 38% 37%. • 198,600 9%- 31500 64 160 rr/2 lO'/a 16% 17 17%.. 17 17 16%; 17 2,600 4T% 41% " 411/4 41% 41%- 41 % 41 41 41 41 1,800 60%. ( 62% 57% 16% 17 Vi ,16% 27% 28 % 26% 61% 60 60 65 Va 16% 17% 59% 16% 61 17 17 16% 17% 27% 27 Va 26 26% 26 26% 61% 58% 60% 24,900 47,900 13,200 30,600 12% - 13lA- 12% 13% 13 12% 12% 12% IT'/,17% 18 17 17 %« 16%. 17%- 16 '/4* 17 10%* 16% 17% 17 17%' 163/4" 160/4- 16%* 16% 16%- 16% 3.2Q9 32: * 26% 12% 34V2 29 31% 32: 29% 31 29%" 30% 28,000 104, 16 V4: , 124 104 16% 128 102% 103%-. y» 16 1211/4 126 15 „ *183 185% 102%; 102%* 15%* 15%.. 122 *183 *102% 15 104% 18%: 124 Va 118% 122% 185 Va. 183 183 12% *102%? 104'/a 14%. 118% *181 15; 121 184 % 10 9% 3,200 50 Va 520 25 24%. 25% 54% 4,709 29,909 9,309 14% 13:900" 17%* 15i/r 17%*' 16'4 17 15% 16% 15% 18% Class A conv preferred—„No par U S-Unes Co-common— 1 V/2% preferred——10 53- 46 53 49 50%. 47%- 49% 48% 14% 14"V4 14'/4- 13 14%*- 164sr.. 144fc- 15 14% *8»% 8%- *3% .8 %, *8y«-, *9 *52% 24-3/4 7 26 % 243/a 8% 9% 52% 25 %■ 8%. 9% 52 25 9% 9»/4 52 Va 51% 25% 24% 80 900' 7,000 9% 16%> 10 Vb 53 93/4 17,709 50% 50 185 %. 53 ! 52 *184 ; 100 10 95% 1% preferred 100 U S Hoffman Machinery com—__5 4%% preferred 100 U S Industrial Chemicals Nopar U 8 Leather Coi comm<«i-!L_No par * ... 103 26% 35 39' 113% 113% *100% 53 10% 37%. 2%- : 95% 83% 25%, 95 %v 81 ♦51 36 , ,113%'113% *100% 103 2,700 25% 52 14? 114 *101 85V4 *837 USA! Foreign Securities^—No par x89%" Jun 29y«r 47% 68% 9 19- 30l/a 45 68 Jan 26:, 27% 48 ; 17 14% Jan 13% . 13 31%. 10'/4 24 9% Mar 19y». Jun 65% Jun 3,500) 12 4 11% Mar 30 „• 8,300. 41 »A ll % 10 16% Jun 29 Jun July Feb 6 46% Mar 28 11% 41 11% 1 without dlv Sep 16 18% Jun 11% 42'A 11%. United D^eWOOd^ Corp common——1 Dec x44% - 12%- 41 11%" 33: 32% 2VU 28%* 108% 108%" prefferred——100 7% preferred — ——100 ~ United Electric- Coal Cos——5 United ErtgineeMng & Foundry.—.5 United Fruit Co ; Nopar United Gas Corp 10 United Gas Improvement. Co.—13% United Merch & Mfrs Inc 1 United-Paramount Theatres— Certificates of interest.^———1 Jun „ 11% 43 % 11%* 52 Uniied-fcarr 50 Mar 73 . .$3.5b.convWtible 4% May 31 .v; United Corp (The) 14% Aug . $^8 preferred . 12 34% 45' , convertible 12%. 43%. 11"% 82% <Unite<jLBoard" & CartoP Corp——10 : ; Apr il 8% May 22: 6IV2 Apr 29 16 Mar 29* • 5% .United Air UWOs, 4%% preferred * United BiscUit of 12% 43 11% 101% 101%. *95% 96%. 106% 106 y2 f 26 y* 26% 50 .5 preferred—100 Inc <5bmmoO_—10 .^——.^—100 AmericAi,—No par 12%. 42 113 4% non-cumulative preferred—50 Union'Tank Car Co—_1_—Nopar 110 34 ... 2% Union' Paeifi'c RR Co common. 14 33 .3' 7% Mar 28 Jan 25 , 5 Mar 16 Mar 20 17% May l 88%. May 19 , 106% Jan Jan 12 43%, 12% 29% Preferred $3.50 series Nopar Preferred $4 series—-Nopar Union4 Oil of,California! .—25 Jun 112 13% Jan 25 Juh 30 28 Apr 28' 80 38% Jati 29%; Jun , 106 %- Jan ' 3' 106% Dec Jun 27% 89% 52% 34% 31% , 9 25% Jan 13" Dec Oct Oct Oct 31% Dec : 107% May 23 ' Jun 27 Apr Jun Apr 10: 97 13%. 46 , 48 , 12%. 42% 12 13% Jun : 90% Jan 30'' — '25% ' 22;; Udyllfe Corp (The) — 1 41 Jun 29 : 47 ' Apr 19 -.v Underwood Corp ..—Nopar n% Jun 27 ,13% Jan 10 ; Union" Asbestos & Rubber Co. 5 26% Jan 13 33% Jutf 15. Union Bagf & Paper Corp. No par 41% Mar 9 51 * May lO ;;Unicn Carbide &jCarbon—No par 111% Feb 2* 113% May i9 r. Un El C^ of Mo'pfd $4.50 ser—No par 96 Jan 30 101% Jun 26 Preferred $3,70 series.^.. Nopar Nov 86V« 10 9% 8% 8%-. 8'A- 200 3 4 y 26 (26) The Commercial and Financial Chronicle NEW Range Since Jan. 1 Year 1049 $ per 38 Lowest Highest S V»r share share Jun 49 % Jan 72 30 93% 43 Jan D Jun 12 U S Playing M% Mar o- Jan 133 10 77 31% Apr 18 11 li 31% Aug 113% 33% Jun 46% Oct 62 Oct Jun 26% 129% Jan a IS j'i T4. 37 139 Jan Jan 19% Jun 41 Va Jan * 44% May 19 5% Jan •>* 6% May 19 9% Jun 27 44% 6% 8% Jun 11% NOV Apr 92 Deo 4 Jan 3 Oct 24 15 Feb 27% 12% Jun 17% Jan 3% Feb 9% Sep 10% Jan 25% 91 % Ma> 8ep 156 170 Mar « Jun 27 Mai ju Jan 3 4% Feb 100 Jan 16 7% Jun 15 161 7 Feb 12% Dec 43% Jan 64 Dec 45 Jun 25% Ao> 20% Feb May 23 14 26 Jan 19% Jun Ref & Mln common non-cumulative convertible preferred 2 8% Vanadium Corp of America 11% May 17 Van Norman Van Raalte 10 Feb 13% Jan Jan 25 Oct 3 12% Jan 20% Jan 26 Vertientes-Camaguey Sugar Co 20 27% Apr Vlck Chemical Co DM 98 Dee Dec 91 Jan 100 5 Jun 82% 104 Jun "k'o- Jan 15 % Jan 20 Jun 113 17% Jun Dec 113% Feb 30 oa. 10 14% Jan 23% Jury 32% Jan Jan 20 27% Jan 26 25% Jun 7 26 Dec 28 Nov 33% Api 25% Jun ,33% 17 3% % 22 Jan 7 Oct 2 3% Jun 50 27% Apr 11 36 May 18 30 Mar 32 31 % Jan 11 36 May 17 49 Jun Apr 10% *54 96 17% 142% 142 142% 3,800 142 20 19% 19% 19% 19% 42 42 42 41% 41% 6 5% 20 10 9% 94 *31 3% 16% 16% 4% 4% 24% 174 174% 10 9% 95 *90% 13 5,600 240 6 5% 2,000 10% 5,100 95 100 3 3 3 3 8,500 25 *23 25 17'% "17 *90% 3% 25 10% 4% 24% 5% *23 95% 3 *23 23% 174 8% 17% 5 4% 24% 24% 17% 1,100 4% 4% 3,800 24% 24% 1,600 5 24% 175% 170 8% 8% 8% 8% 7% 8 7% 8% 10,000 48% 48% 48% 43 % 47% 48 47% 47% 320 25% 26% 26 26% 25 25% 25 8% 48 349,400 6 25 16% 5 24% 1,100 33% 19% 3 •22% 17% 4% 58% 32 42 6 94 3% 25% 57 33% 10% 9% 3% *23 11,700 37% 58 % 5% 48 174 25% 9% 9% 9% 9% 33% 32% 32% 31% 174 9% 33% 27 - 174 174 9% 9% 32 31 *174 9% 25% 6,400 9% 3,000 9% 30% 30 31% 2,000 6% 13% 13% 13% 13% 13% 13% 13% 14 13% 14 8,000 2.50 23% 24% 22% 23% 23% 23% 24 24% 24 24% 3,500 100 100 *103% 108 *103% 108 •104 108 *104 108 *104 108 *103% 108 *103% 108 •104 1C8 *104 108 *104 108 8 preferred 48% 49 45% 46% 99 *96% 98% •96% 98% 7% 7% 7% 100 *97% No par 7% 100 div 87 10 com 7% 7 87 87 v 20 % 19% 46 87 18% *86 19% 18% 46% 46% 46% 46% "96% 98% *96 % 6% 7% 87% 47 6% / 84 ——— 7 8,400 85 85 87 2,600 98% 1,300 19% 18% 100 115% 116% 116 116 •115% 116% *115% 116% 115% 116% 100 105 105 104 104 *102% 104 104% 104% 104% 104 % 29 *20 21 26 28 30% 31 31 20 *33 34 *32 33% "32 33% 20 *35 35% *35 35% *35 35% 50% *51 $5 preferred $4.04 dividend 17 30% Apr 20% 42 36 35% Vulcan 7 23% Mar 19% 42 f,% 34 1,670 31% Virginian Ry Co common 6% preferred Visking Corp (The) 22 30% Feb 37% Apr 20% 24,000 129% 57% . 142 142 50 39%— 40% 130 % 41% 130% Va Iron Coal & Coke 4% pfd 10 31% Mar 144% 42 6 com 6% 142% 10 Inc Va-Carollna Chemical Mar 23 117 105% Jun 20 partic preferred Virginia EJec & Power Co 9% May 15 96% Jan 11 22% Feb a *103% May 26 34% Victor Chemical Works common 23 Jan 37% 58 No par .2AO Co Vlcks Shreve & Pacific Ry com 5% non-cumulative prelerred 22 51% May 19 101 29 6% Jun Jan 118 Jun 96% Dee 11% 6 10 Jan 98 *44% Mai 16 37% 174 29% May 20 47 38% 131% 92% *90 92% 129% 42 41 230 33 100 34% May 10 14% Jan 9 97 *90 92% 58 1 preferred 3 Jun 400 9,900 38 100 preferred 23 Jan 70% 27% CO 24 Jan 33% 70% 26% 34 1 24% Feb 85% 71 35 145% 6,900 37% 27 31 144% Shares share 71 •57 ...1 NOV 85% Mar 42 37% 39 26% 38% No par com 11% May 18 May 4 '90 132 130 share 27 C0% 50 27 103 38% 131 26% 34% preferred—HO par 2 Jun 97% Mar 92 Sales for the Week t per 75 a70 37% 10% Nov ' 91 % 42% 129% pfd—6 Laboratories Inc Co G4 *41% 7% d 27% 37% 33 Universal Pictures Co Inc com 4%% 72 25% share 39% per 33 Friday June 29 f per 59% Universal-Cyclops Steel Corp <1% Jan 27 70 28% 25 1 convertible preferred Universal 39% 75 41 CLOSED share 38% * June 80 Thursday June '28 50 com 20% 17 EXCHANGE 100 Monday, July 3, 1950 . PRICES Wednesday 50 Universal Leaf Tobacco 27 11% Feb 1st preferred $ per 40% *32% No par $6 Q 1741/4 Jun 10 ; common STOCK No par 100 4% 17 Jan 27 United Wall Paper Inc common 5 6% Apr r25 *71 1 preferred 7% 3 share 10 United Stockyards Corp United Stores $4.20 non-c 2d 4% Apr 24 27% Jan 9 11 22% Mar 13 Jun 11% Apr $ per share 39 U S Tobacco Co 21 Feb Sep Nov Jan Jun 30 22 June *37 4 per 100 SALE Tuesday June 26 20 preferred series A— non-cum 7% Co Corp common fiywoua HIGH Monday June 24 D 8 Steel Corp common 7% preferred 146% May 26 Nov Jan Feb 2% 4 Foundry Card Co U S Smelting 6 13 Jun b B% 'Ju 68% Mar 13 4% 21 40% Jan 30 Pipe & U 8 Rubber Co May 29 Jun S 3%% 47% May 31 136 13% Mar 37 38% 80 97% Apr 25% Jan 57 Dec 22 18% 27 126% Jan Mar 140% Jun 30 91% Jun Apr 72 20% 27% Jun Jan AND Saturday Par . RECORD LOW STOCK share t per share YORK EXCHANGE 69% Mar Z1 NOV Apr NEW Highest 49% Jan Deo 82 t per Dec 19% May 52% STOCK STOCKS Range for Previous Lowest YORK . preferred Detinning Co 7% preferred 26 28% 26% 21 27% 26% 30% 6 common *19% 31% *19 27% 26% 27% 26% 30% 27 21 *19 27% 19 17% 21 18% 250 140 *19 21 28 28 1,700 26% 3,600 30 1,100 , 27% 27% 26% 27% 30 30 33% 27% 32,100 33% *33 34% 35% *35 35% *35 • 26% 29% 30 W 60% 48 12 Jun 14% Sep 25% Jun 31% Nov May 105% 101 6% Jun Jun 26 29 32 12 101% May 26 31 Jan ** Dec 105% Feb 17 4% 40% Jun 23 Walker 27 9% Apr 4 Jun *87% Jun 101% Dec 07 Jsr 2% •« 9% Jan 16% Dec 12 Jun 27 18% Jun 30% Dec 14% Jun Jun 7 Dec 15 % Apr 19% Feb 38% Feb 22% Jan 15% Feb 14 25% Dec ?*% Jan 3* Jun 14% Sep 12% Jun 30 15% Jan 16% Feb 24"% Dec 38% Jun 29 24 11% Apr 17% Nov 12% Jun 29 Jan 6% Oct Jun 27 Jun 27% Jan . • 5* r 24% Jan I 7 July 84% Dec 83% Feb Jun 23% Jan 19 16% Sep 22% Oct 18% Apr 16 14% Jan 25% Dec 21'/a Jun 27 27% Feb 25 107 Jun 27 115 Jan 16 Jan 106% Jun 21 103 Sep 101% May Nov 103% Apr 104% 17a . ut\ t©7% Jan 37% .Ten 12% Apr 17 35% Jun 50% DM 12% 104 May 108% 16 45% Apr- 11 108 Jm Jan 5 Lowest Highest t per share 8% Dei 7% Jun 26 *39% Feb 13 Jun 29 51% Apr 25 19% Feb 21 Sep 33% Dec 28 Jun 30 Jun 30 Jan 28 Jan 3 34% Mar 29 64% Jun 27 73 Jan 18 *% Jan i3 31% Jun 22 53% Jun 70% Nov 13 24 Dec 34% 21% Jun 102 * Mar - i 71 29 Jun 27 22% Feb 16 f 115- . 36 103 Aug Jan 27% Feb 30% Jun Dec . 26% < 24% Jun 29 Jan 1 . *>cV> W 26% Jun ■mmm 26 Jun 4 23 105% Feb 18 28% May 12 • 11« 32 >nr « May 31 15% 27 % 28 26 28 26% 27% 24% 26% 24% 24% 3,600 10,900 3 18% 20% 17% 19% 18% 19% 17% 19 18 18% 26% 26% 26% 26% 26% 26% 26% 26% 26% 26% 1,300 • 13% 13% 13 13% 33 13% 12% 13 12% 123/l 3,700 6 1 20% 20% 19 20 19 20 16% 18% 18% 18% 2,000 Tobacco Inc 14% 28 27 28% No par 1 84% 85 84% 84% 84% 85 % 20% 20% 19 20% 39% 20 4 19% 19% 18% 19% 19 19% 5 114 114% 107% 100 107 108 107 107 *106 107 *106 107 13% Pulp & Paper com—.No par preferred 100 14% 12% 54 52% 52% 109 3 a 110 *109% STOCK Saturday 100 preferred STOCK Dec 48% May 8% Jun 12% Dee 12 Jun 27 Jun 79% Nov 77% Jan 5 70 10 Jun 13% 14% Jan 4 55 % Jan 3.80% preferred series B Weston Electric Instrument Jun 30 Jan 30 11% Jan Dee •21% 9% Jun 17% Jun 29 22% Feb 25 372 Jun 27 i9# Jun 22 Jun 13 11 • * _ • — r — 13 14 13 13% *28% 30% *25 28 28 28 29% 29 29% *26% 32 28% 31% 29% 66 64% 65% *64% 28% 35 •">a/k i/» 40% May 8 49% July 46% Jun 27 81 3 11% Jun 18% 16% Mar 31 21% May 19 «>% Jan 76 May 10 86% Jun 12 Prior pfd 4%% X59% Nov 139% Feb < Dec 1 Feb 72 Oct 65 Jun 76 Nov 74 Jan 4 68 Feb 89 Dec 80 Jun 27 66 Feb 82 Dec 80 Jan 20 8% Feb 19% 12% Oct Jun 30% Dee Jun 12% Jan • 10% Feb 10 27 Jan 13 142 Feb 89 Jan 9 89% Apr 13 11% Jan 28 10 35% May 3 14% May 19 59% Jan 28% Nov 36% Mar 14 43 % May 29 26% Jan 4 53% Jun 77% Dm 72% Jan 13 33% May 6 98% Jun 22 10% Jun 14% Jan 11% Jan 3 15% May 26 20% July 3% Feb dtvldend 10% Feb 43% DM 31% Jan ve 4% Oct 3% Jun 27 "yEx^bts*18**' °° 70% Apr 14 6% Apr 22 "66 28% 27% 26% 28 25 25% 24% 25% 24% 25 33% 32% 33% 30% 32% 31% 33% •101% 103 % *101% 103% *101% 103% 1,000 23% 1,000 104 103 103 25 25 23 24 120 •112 120 24% *112 28% 26% 29 88% 86 86 30 28% 30 18% 17''2 18% 45% 38% 45% *34% 28 5% 6 50% 50 12 % 13% *81 84 50 24 118 23% *112 28% 26 % 28% 87% 86% 87 28% 29% *28% 18% 17% 18'% 43% 40% 42% 34V2 34% 34% 23% 14% 13% 14% 13% 6 % 5% 6% 5% 52 12% *81% 50% 12% 12 84 *81% • Wright Aeronautical Wrigley (Wm) Jr (Del) Wyandotte Worsted Co Mfg Co. York Corp common. 4%% convertible preferred 10% 18% 19% *141% 144 *140 144 38 % 38 %' 35 35 36 37 35 Va 47% 48% 46% 47% 47% 47% 46% 47 19% 18% 10 % 10 10 18% 19 17% 18% % 17% 19% 18% r% A 19 *140 « . . 17% 35 18,700 900 4,500 6% 33,900 51 12 36% 10 i7* aa *141% 42 50% 10% . 6,000 3,400 12% 81% 10% 370 1,000 18% 40% 12% 20% 24,800 30 *34% . 51 19% % 27% 86% 17% 84 10% 83 14,700 200 9% 9y8 3,200 17% 18% 15,000 % 175,552 144 *140 % 18% 144 35% * 36 46 % 47% 17% 2,700 15,900 18% / 11,200 100 73% 74 73 73% 73 73 160 83 85% 82 82% 81 81 79% 80% 81 81 .82 *79 82 81 82% 11% 81 82 80 81 1,100 11% 11 11% 11 11% 3,000 31% 31% 29% 31 No par 83 80 80 81% 81% 81 81% 11% 11% 11 11% / 81% No par t .26 31% "11% 33 - 12% 31 ' 12% 41% ■: 32V4 10% *39% 80 *39% Young (L A) Spring 6c Wlre_No par Youngstown Sheet A Tube No par Youngstown Steel Door. No par 30% -31% 28% 93% 86% .91% 13 13% 41 -13 No par 55% 59% 53% 1 4% 4% 3% ' 00 ^ *** lln woettewhlp, or petition haa bean filed tor company's reorganization, . a Daferrad 73 71 72 80 78% 79% 29% 11% 10% 11% 40.% 38 39 29: 13% 4% delivery. 29% . 28% 29 % 84 % .• 89 13% 12% 13 55% 57% 53% 56% 4 % 4% 4% 4% r Cash sale. • % ' Special galea. 750 470 160 30% 5,700 11% 11 *37% 90% -13 - ' *39% ..89% 58 , *72 11,% 30% -89% Zenith Radio Corp Zonite Products Corp 26% 86% 10 144 18,600 14 18% 50 12% 84 68,700 191,900 118 5% , , 50% 12 24 *112 24% 42% t 5% *81% 28% 34% 14% 5% . 29% 86 ' 1 26% . 118 *28% 35 13% 28% -10 series 400 25% .10 conv series 100 69 25% *112 No par Prior preferred 4%% Towne 69 25 26% com preferred A *66 67% 8,900 4,100 30% 30 Woodward Iron Co Woolworth (F W) Co. Tale 29 25%"" Worthington Pump & Machinery 30% May 16% Jun 8 6% 30 7% 34% 103% 10 Common Nov 29 7% 25% A 140 • Sep 6,300 14% 7% .100 ' Jun 9,200 14 Rights Jan Shares 7% 42% 14% 87 common Wilson-Jones Co Wisconsin Elec Power Co 44 share 13 % 7% 32% pfd series A___Nopar 22 ; share Rales for the Week $ per 15%30 20 preference 128 Friday June 86 June 29 41 ' Wilson & Co Inc common—.—No par $4.25 preferred No par V Thursday $ per share 42% No par ' . 360 41 26% ' -12.50 Wilcox Oil Co conv 109 44 66 CLOSED 100 $b conv prior preference White Dental Mfg (The S S) $4.50 $ per . 31% EXCHANGE Wheeling & Lake Erie Ry 100 Wheeling Steel Corp com new-No par 5 14% May 22 83 3,300 *107% 109% 7% 7% 14% 57% Wednesday June 28 $ per share 34% Jun 49 42% 13% x42% 10 47% 7% *28 Westlnghouse Air Brake—No par Westinghouse Electric com —12% Prior 50 2,400 44% 14% 100 Western Pacific RR com——_No par Preferred series A 100 Western Union Teleg class A-Nopar Willys-Overland Motors 48% 60 13% *12% 41 34% 20 51 109 120 107 8% _f Feb 50 110 26,600 46% 30 7 13% •109% 23% 107 44% in 18% 35% May 23 17% May 26 110 12% 9,300 114% 107 7% Western Auto Supply Co Western Maryland Ry com 43% 3 , 23 *113% *106 133/8 June 27 1 IS 24% 13% Tuesday June 26 S per share White Sewing Machine common 16 23 690 5,200 / ' Monday' June 24 t per share 47% Jun 5% Jan 24 6,000 LOW AND HIGH SALE PRICES 4 12% Feb 23% 113% 13% 53 6 Jan 33% Jan 193/4 *107 31 - 20 18% 113 % Dee Dee 19% 19 107% 32% Dee 20% 18% *107 Jan Jan 19% 113% 18% > 84% 107 1 7% 84% 113% 24% 5,300 85 *84% 107 21% 4,400 6 27% 114 25 Va 133/e 5% 27 % 106% White Motor Co 34 13 6 27% 24% 21% May 24 -11% 13% 5% 27% . 113% « Feb 6 106 % 27 7% May Jun 5% 100 106 15% Feb 4% 6% No par com Virginia Coal A Coke 2nd 1 12% 13% 26% Power 4%% pfd preferred series B preferred series C non-cum 13% 6%, 28%,' Western Air Lines Inc. 4% 13% 6% 27% Par , 13% 6 Penn 4%fl> 13% , ' 2.50 com 28% Jun 28% — No par Dee 23 4,900 No par Dee 1 15% 135,100 VMi. 27 15% 12% 16% May 15% 101% b^% Feb 15% 12 32% bz 15% 11,000 *100 Jun 41 •100 13,800 7% 12% 12% oat* 15% 101 10 37 7% 101% July 23% Mar .A 15% *99% 101% 36% 7% 12 West Va 35% Mar 22 33 15% 102 37 *100 4.10% 9% Feb 24 Dec 104 7% 101 EXCHANGE 16% DM 20% May 98% Feb 36% 7% 15% 1 t per share 41% -21% Jim *101% 37% 7% 12% Highest share Feb May 101% 36% 7 % 1,900 101% NEW YORK 32% May 8% Feb 20 *101% 37% 7 3,100 12% West 23 21 * 101% 36% 7% 400 12% 29 12% Rang* Knee Jan. 1 $ per 101 % 39 7% STOCKS Year 1949 Lowest 102 1011 52 *48% 12 Range for Previous I per share a 37% 51 12% 4.20% 110% May 13 4 "101% 50% 12% West 18 54% Jun 101% 52 6 West Kentucky Coal Co West Penn Electric Co 13 Feb 12% *28% 100 $4 convertible preferred West Indies Sugar Corp 109% Feb 7 109% Mar 24 u Dec 114% Jun 12% 28% No par 2.50 Wesson Oil & Snowdrift 85% Apr 18 23% Jan 18 23% Feb 25 78 12% 28% 100 (Hiram) G A W Webster 30% May 31 16% 12 28% Wayne Knitting Mills Wayne Pump Co 11 7% Jun 12 28% Waukesha Motor Co 9 Jan 12% 29% 50 % Washington Gas Light Co 17% Mar 16 3% *19% : Jun Jun 12 29 50% Warren Foundry A Pipe Warren Petroleum Corp 21% May 22 27% Jun 8 14 11% 12% 29 % 5%% preferred Warner Bros Pictures 6 23% 12 Ward Baking Co common 1 24 29 50% 29% preferred Walworth Co 105% May 16 16% Jan 100 No par No par System Walgreen Co common 4 Jan preferred Waldorf 10 Feb 9% 17% Xl2 Wabash RR 4%% 7 14% Jan 28% Jun Oct 33 21% Jun 60% Mar Apr 24 4 12,200 39 200 28% 29 85% 87% 43,100 12% 13% 5,300 56% 56,700 4% 10,900 54 •4% vdWheo » distributed, 7,400 xlx- Volume 172 Numoer 4921 . , (27) The Commercial and Financial Chronicle . Bond Record New York Stock Exchange <o» FRIDAY The italic letters Ln the WEEKLY - YEARLY - the bonds mature. Indicate In each case the month when "Interest Period" headed column Figaro* after decimal point represent one or more Sid of a point. SALE PRICES LOW AND HIGH Ranpe for Previous GOVERNMENT Year 1949 Lowest Range State Jan. 1 Highest Lowest 103.28 Dec 103.28 Jan 108.13 Highest 103.4 May 1 108.4 May 110.23 Mar 111.10 May l Jan 102.31 104.9 a — Mar 103.8 104.15 July 103.8 July 102.19 Apr 25 101.12 Feb 10L13 Feb 103.2 102.19 Apr 25 102.14 Apr 25 102.14 Apr 23 Jun 101.7 102.15 102.18 •102.16 102.18 102.17 *102.13 ♦102.16 *102.15 1951-19M 107.30 *107.24 107.27 •107.22 107.25 107.26 *107.22 •107.27 *107.23 1966-19M 101.26 •101 23 101.25 *101.23 101.25 ♦101.22 101.24 101.26 ♦101.24 109.6 *109.2 109.6 Traaaory Treasury Treasury Treasury Treasury Treasury Treasury Traasury Treasury Treasury Treasury Oct Aug *102.15 102.17 107.26 1951-1984 ♦101.24 1956-1959 ♦109.12 109.15 *109.5 109.8 •109.3 109.6 *109.3 •111.5 111.8 ♦111.3 111.6 111.6 *111.2 1959-1962 111.15 *111.3 2Vi«_ ♦111.12 *113.13 113.16 *113.10 113.13 *113.10 113.14 113.21 113.13 1960-1968 •113.18 *113.10 JV4s_ 100.14 *100.12 100.14 *100.11 100.13 100.13 1950-1952 100.15 •100.12 *100.11 ♦100.13 IVia 2%s_ 111.6 101.31 •101.29 101.31 •101.29 101.31 *101.28 *191.28 101.30 •101.29 101.39 STOCK ♦104.23 104.25 104.25 104.24 104.26 104.26 104.28 *104.25 •104.26 *104.23 *■ EXCHANGE 103.14 103.12 *103.12 CLOSED ♦103.10 103.12 —1962-1629 •102.14 102.16 1964-1969 •10L.30 102 ♦101.29 101.26 *101.23 2%s. 1952-1964 2%s_ —1956-1952 2%e_ 1962-1967 3%a_ 2%a. Jun 2 Vis. -Dec 103.1O 103.9 •102.15 102.17 *102.17 102.19 *102.21 102.23 101.31 ♦101.31 102.1 *102.1 102.3 *102.5 102.7 101.25 •102.14 •103.7 102.16 *103.8 *103.10 *101.25 101.27 *101.27 101.29 *101.31 102.1 1964-1969 •101.24 101.21 *101.18 101.20 *101.20 101.22 *101.23 101.25 101.28 1965-1970 ♦101.19 *101.26 2V>S- 101.19 ♦101.16 101.18 *101.18 101.20 *101.21 *101.24 101.26 1960-1071 •101.17 101.23 2%t_ 101.2 *101.3 101.5 *101.3 101.5 *101.4 101.6 103.19 103 " -Jun 1967-1972 101.3 *101 105.3 •104.24 104.26 •104.23 104.25 *104.24 104.26 104.27 1967-1972 ♦105.1 *104.25 -Sep -DOC 1967-1972 •101.1 101.8 ♦101 101.2 •101.3 101.5 *101.3 101.5 *101.3 101.5 2 Vis. 101.29 *101.27 101.29 *101.27 101.29 *101.27 101.29 101.28 1951-1953 •101.27 *101.26 2Vis_ 101.23 *101.21 101.23 •101.21 101.23 *101.20 101.22 *101.20 101.22 1952-1959 ♦101.21 2Via_ ♦104.20 104.23 ♦104.18 104.21 ♦104.16 104.19 *104.16 104.19 *104.16 104.20 -.1954-1956 Treasury Aug 2 Vis. 2 Vis- •103.23 103.25 *103.20 103.22 •103.21 103.23 *103.22 103.24 Treasury Treasury ^Treasury 2 Vis ♦101.8 101.10 •101.7 101.9 •101.8 101.10 *101.9 ♦101.4 101.6 •101.5 101.7 Dec 100.28 2fes. Treasury 100.18 Jan Jun 101,23 May 102.23 Feb 24 2 Treasury Treasury 102.30 Feb 105.4 100.13 Jan 102.30 Feb 100.17 101.3 Jan 101.8 101.8 Aug 102.13 Feb Sep 101.7 Jun Jan Jun 102.18 Feb 1 29 103.9 Jan 2 Via. 101.18 Feb _ — 101.12 *101.7 101.9 ♦101.5 101.7 100.10 ♦100.8 100.10 •100.8 100.10 *100.7 100.9 *100.7 •100.28 100.30 *100.23 100.30 *100.28 100.30 101.1 *100.31 101.1 2s ♦100.28 100.30 *100.28 1951-1955 -Jun •100.31 101.1 ♦100.31 101.1 •100.31 *100.31 101.1 1952-1954 ♦101.7 101.9 •101.6 101.8 *101.6 101.8 *101.6 101.8 *101.6 101.8 *101.14 BC 101.16 1952-1954 •101.15 101.17 ♦101.14 101.16 *101.14 101.16 101.16 *101.14 .1953-1965 2s. ♦102.30 103.1 •102.27 102.30 •102.25 102.28 *102.25 102.28 *102.24 102.28 100.7 •100.5 100.7 *100.5 ICO.7 *100.5 100.7 103.14 •100.5 1972 Bank ♦100.5 100.7 1966 IVis. International ♦103.10 for Reconstruction R Development 99.11 Jan 103.16 Deo 103.7 Feb 16 103.20 Jun . 25-year 3s 8 ♦101 *103.12 103.16 *103.12 103.16 •100.28 101.4 *101 101.8 *101 101.8 *101 101.8 *101 101.8 *101 101.4 *100.28 101.4 *100.28 101.4 *100.3 100.16 •103.10 103.14 ">100.28 101.4 101.8 •101.4 101.8 ♦103.10 103.14 2s serials of *50 due Feb 15 1953 2s serials of '50 due Feb 15 1954 101.12 •101 2s serials of '50 due Feb 15 1955 •101 101.8 ♦100.28 101.4 •100.28 2s serials of '50 due Feb 15 1956 •100.20 100.28 ♦100.16 100.24 *101.16 100.24 *100.16 100.24 100.12 •100 100.12 *100.8 100.16 *100 100.20 •100.8 2s seriala of '50 due Feb 15 1957 asked price. for (2Vis due Sept. 15 ♦98.24 99.4 *98.24 99.4 *98.24 •98.12 98.24 ♦98.4 98.16 •98.4 98.16 98 •97.24 98.4 ♦97.16 97.28 •97.16 97.28 *97.16 97.20 *97.4 a r Odd lot tra nsactlon. 15. 1950 at par) New York Stock Exchange Last Period - FOR WEEK ENDED Sale Price - or Sold Bid A Asked High No. Range Sine* Jan. 1 Low Interest'*-" BONDS i • New York Stock Period Exchange 103% 109 % Foreign Securities Members New 120 REctor 2-2300 Low 67% 74% 1 63% 78 1 66 78 78 •74 79% 63% 76 *— 75% 75 78 / 77 64% 65 77 73 77 76 V'o 77 75 75 65% 64% June-Dec 78 76 67 June-Dec - 80 2 81 *77 June-Dec — High 77 -June-Dec 75 76% 70 June-Dec 80 65% 78% June-Dec •II June-Dec IVis series No. 25 75% 63 % 76% *— June-Dec 75 Va 64 76% 74 IVis series No. 26 Fmlat y pa York Stock Esduage NY 1-1693 Broadway, New York rune-Dec 68 IVis series No. 27 lune-Dec 64% June-Dec 65 78 June-Dec 66 78 IVis series No. 29 Oaldas (Dept Foreign Government and Manletpal Canada Agricultural Mortgage Bank (Colombia) — f A Guaranteed sinking fund 6s 1947 ^Guaranteed sinking fund 6s 1948 Akershus (Kingdom of Norway) 4s 1968 *74% 97% 46 % 54 Va Cauca 53 46% 53% *-- 55 46 V. 54 V4 <J 47 55 _ 52 *49 Vi — i* 4 51 Jan-July 38% 77 36 54% 46% 30-year 3 Vis 1966 IB-year 3%s 1962 Belgium (Kingdom of) 6s 1955 4 External sinking fund 7s 1955 101% 101% 102% 100% 100 Vi 102% 310 94 94 97% 104 94 Stamped pursuant to Plan A 97% 35 94 Vi 97% 94 97% 138 88% 97% 94 95 93 85 94% 52 — 115 115 -- t> Aprll-Oct 96% 106 108 % 114% 85 75 1 83 -- 69 June-Dec 1978 — — — funding bonds of 1931 due 1951. Stamped pursuant to Plan A (Interest reduced to 3.375%) 1979 Aprll-Oct 73 3Vis series No. 1 IVia series No. 2— IVis series No. 3 IVis series No. 4 (Plan B) 53 65 102% 105'/2 107% 60 -- 40% 47 —- 28% 37 »/8 35 35 28% 49 49 36% *34% 36% *48 35 35% 48 % 345% *43 71% j 51% 36% 28% 36% 45V2 46 38% — — i 28i/a 46 % *34% _ *34 •% 28 37% *43 39 46% 28% 37 35 V'a 35 % Institutiona SECURITIES FIRM TRADING MARKETS HARL MARKS & CP- INC. 73 5 67% 81 — June-Dec June-Dec June-Dec June-Dec 73 ' —-w 65% __. —— 71 12 65 »/4 73% 65 % 77 71 __ ^ ■ *77 -June-Dec IVis series No. 7 _June-Dec 77 IVis series No. 8 June-Dec 77 80 '77 77 77 77 — - 65% 83% , ' ' Broad St., New York 4, N. Y. 77 7 50 77 75% • 1 N 73 79% 1 67% 80 ' . ; 1 Telephone HAnover 2-015# 51 *48 • FOREIGN SECURITIES SPECIALISTS 70 37% 28% 4-% 36 F 5 51 1/4 38 49 35 Vi 90 57 60 36% —- ,— FOREIGN < - 35 *43 , —May-Nov dprtl-Oct dprtl-Oct Feb-Aug Feb-Aug For Financial 65 76 103 100% 85 63 62 -1_ IVis series No. 5 lootnotes see page 31. 30 40% 1001/4 86 • % External dollar bonds of 1944 15 36% "35 < 70 53 59% *56 Aprll-Oct -June-Dec (Interest 25 n 100% 101 % 35 % 6s Jan 1901—Jan-July Jon-July AExternal sinking fund 6s Sept 1961—Mar-Sept AOs assented Sept 1961— Mar-Sept AExternal sinking fund 6s 1962 Aprll-Oct A6* assented 1962 ADril-Orl AExternal sinking fund 6s 1963 May-No? A 6s assented 1963 May-Nov (Interest 1979 35% 100'/4 100% 1041/4 99% 91% 55% 73 — 60 60 o Aprll-Oct Feb 1961 1961 78 104'A 100 116% 1 63 63 89% ! 98V2 — — — — 90 104 9 *106% 103 June-Dec due 1957 (Central Ry) 1952 . Stamped pursuant to Plan A 98% 93 95 100 % (Interest 1979 Stamped pursuant to Plan A A6s assented Feb 98 V2 95% 101% sinking fund 6s 1960 24 105'/2 105% Ja»-July $ bds 1978-Jan-July f 7s 1942 May-Noe assented 1960 ARy external sinking fund AOs assented Jan 1961 104 Vi 102 AOs AExternal sinking fund 6s 40% June-Dec Jan-July lABrtzll (U 8 of) external 8s 1941 June-Dec Stamped pursuant to Plan A (Interest reduced to 3.5%) 1978 Aprll-Oct 1 6Vis of 1926 due 1957 , 53 35 Feb-Aup June-Dec June-Dec June-Dec Feb-Aug Jan-July June-Dec 80-year 3Vis 1967 AExternal 53 46% 100% (City) 8s 1954 Val (Dept of) 30-yr 3s s f lAChlle (Republic) external s I A7s assented 1942 53 9 102% 35% bonds 1178-Jan-July Aprll-Oct J«»-Ju]y Mar-Sept A Carlsbad 46»/4 55 36 10-year 3 Vis 1957 reduced to 3.375% ) 77% 102% 99 % 100 Mar-Sept 90 % 1961 25-year 2Vis 1974 71% e 51 10-year 3 Vis 1956— A7s 2 1957-Aprll-Oct 80-year 3s s f $ bond3 1S78 Antwerp (City) external 5s 1958 Australia (Commonwealth) 5s 1955— 1927 — — 1957 Feb-Aug of) 30-yr 3s s f $ 4s 1960 (Dominion of) 76% 93% ,1*. 51% 51% __ AExternal sec sink fund 7s 2nd ser 1957_April-Oct 3.375%) . 99 5s 25-year 3 Vis 75 *74% Feb-Aug Aprll-Oct Mar-Sept iAAntloqula (Dept) collateral 7s A 1945 Jan-July lAExternal sinking fund 7s ser B 1945 Jan-July lAExternal sinking fund 7s ser C 1945—Jan-July lAExternal sinking fund 7s ser D 1945_Jan-July AExternal sinking fund 7s 1st ser 1957—April-Oct AExternal sec sink fund 7s 3rd ser (City) 78 65 June-Dec sinking fund Sinking fund gold 5s 1958-. Jan. I.t > 69% 76% June-Dec IVis series No. 30— For No. Range Since 1 —June-Dec IVis series No. 23 IVis aeries No. 24 Brisbane reduced 3.5%) Sold IVis series No. 28 Telephone 6Vis of High . —June-Dec 8 Via aeries No. 22 _ : 77 74 —June-Dec 15 IVis aeries No. 20 Wertheim &. Co. ..>, —June-Dec 8 Via series No. 21 ( Range Friday's**-- Bonds Bid * Asked 75 June-Dec IVis aeries No. 19 f Week's 66 Vi IVis series No. 11 108ft HO 8 Via aeries No. 1 97.12 77 -June-Dec IVis series No. 16 IVis aeries No. 17 IVis aeries No. 18 reduced to 97.24 97.16 *97.4 or 77 IVis series No. 14 AExternal *97.16 74% _June-Deo —June-Dec IVis aeries No. 13 1 Last Sale Price IVis aeries No. 10 8Vis series No. 8 » §7 , 77 IVis aeries No. 12— AExternal 93.8 97.28 1 New York City -Jsar-Dsi 99 *98 Low High Transit Unification Issue— Corporate Stock 1930 99.24 *93.24 30 Friday Bond. Friday's Low S % JUNE ' Week's Range Interest BONDS *97.3 *99.16 99.4 98.12 Registered bond transaction.' ' , due Sept. 15, 1950-52, Sept. 15, 1950 at par). RANGE Friday 97.24 ♦97.12 98 . 100.4 (2s 1950-52, Sept. * 99.28 *99.16 100.4 *97.20 2s serials of '50 due Feb 15 1962 96.24 Mar 23 No sales transacted this day. redemption 99.28 99.12 2s serials of '50 due Feb 15 1961 •Bid and *99.16 ♦99 2s serials of '50 due Feb 15 1960 tCalled •99.24 2s serials of '50 due Feb 15 1959 101.8 *99.23 100.8 *99.28 2s serials of '50 due Feb 15 1958 96.24 Mar 23 10,000 100.9 100.30 19al-1953 2s. Traasury 103.24 *101.10 101.7 •100.8 2s Treasury Feb *103.22 101.11 101.7 1959-1962 2s Treasury Traasury 1959-1962 Sep 1950-1952 -Dec 2 Vis Traasury — •101.1 .1956-1959 -Jun 2s Treasury 101.18 Sales for the Week Bonds (?) High Low a%a Treasury Treasury ^Treasury — Feb 102.1 ■> High Lew High 2s Treasury IVia_ Jan Feb — — 102.31 High Low High Low High Lsw June 80 June £9 June 28 Treasury Treasury 1 . 111.10 May 104.9 Low EXCHANGE June 27 Friday Thursday Wednesday Tuesday Treasury Jan 110.23 Mar 'June 24 NEW YORK STOCK Dec 108.13 Monday June 26 Saturday BONDS Teletype NY 1-971 50 27 28 (28) The Commercial and Financial Chronicle . . . Monday, July 3, 1950 NEW YORK BOND RECORD RANGE Friday BONDS Interest Period Sale Price (Republic) uuLtl nChlle Jan. 1 No. High Low assented 2-3s 1993—June-Dec 3414 34 % June-Dec 1957 ASinklng fund 63/4s 1961 36% 180 50% June-Dp.c 1957 50% 1 38% 50 % Apnf-Oct Aprif-Oct 28% *35% 33% 39 49% 28% 38 San Paulo j6s AGuaranteeu snikmg fund 6s 1961 A6s assented 1961_ AGuaranteed sinking fund 6s A6s AChllean A7s Consol 36% *34 % 28% 373/4 50% 50% 1 39 ' 51 35 % 35 % 5 28% 38 (Republic of) A6s of 1928 Oct A6s of 1927 June-Dec *4% _.April-Oct *82% 87 1961 fASinking fund 7s of 1927 due 1947 Copenhagen (City; 5s 1952 25-year gold 4 Vis 1953 Feb-Aug June-Dec —May-Nov —— of) Stamped (State; 4» extl f dollar s 3s extl 85 74 74 83 25% 28 V« 110% 112 (Republic of; Government— A7s paid part A6s Irish 1 7s IA 78 3% A External 1967 21 85% 97 Va 88 % 102 75% 92% 73% —Feb-Aug Aprif-Oct fund 5s 13 9 ' * ' 3% to 1977—. — L ' Jan-July Jan-July — 35 38 32 % • 37 :. 31% V 37 it . ' 58 58 11% ; 1954 |A4%s assented (1922 agreement) A 4 % s small 1943 assented ASmall Mexico (1942 Adriatic Electric Co 48 32 59, 62 Power A4s of 31% 41% lA4s assented -2 11 debentures 3s 2%s •11- 54 35 22 40% 5 Vi — of 1975— debentures 1945 1908:.Jan-July "A4b 2%s convertible debentures 2%S debentures 1937—. debentures convertible (1942 agree't) - 6% 10 agreement) to 11% 12 6% A Milan first debenture 6%s (State) 1952 Stamped pursuant 9% 35 1% 9% First 9%. 13 7% 9% First "12% 13 14 *47% 1965 Aprif-Cct sinking fund external loan 1963 Feb-Aug sinking fund external 1957 i April-Oct Municipal Bank extl sink fund 5s 1970—June-Dec Oelo (City) sinking fund 4Vis 1955 April-Oct Panama (Republic; — AStomped assented 5s 1963 —Map-Nov Stamped mod 3 Vis ext 1994.1 to pursuant to Plan reduced to 2.125%) 2008 (Republic of) ANat loan extl ANat loan extl IA Poland 6s f 6s s series ^.April-Ocf Aprif-Oct sink fund 7s A4%s assented 1968 AEhcternal sinking fund gold 8s fA4*is assented 1963 Porto Alegre (City of) — 1947—April-Ocf 'nterest reduced §ARio de Janeiro scamped to 8s to Plan 2.375%) secured 6Vis A Stamped pursuant pursuant reduced to 2%) external Stomped Ref 61% -- 33% ' 1967 loan to Plan of 49 49 32 37 1 1926 to due Plan (City of) Paulo .reduced • For 6%s (City) 8tomped A 85 80 1 80 84 Aprll-Oc) 8s mortgage Coast 3%s first 1963 consol May-Nor 1952—Mar-Sept July June-Dec 1966 to footnotes 1952 to Plan 2001 see page 31 39 96 1 933/4 1 92 99 99 99 1 '98 ■96% 3 95 and and 3% 102 5 101 103 96% 95 % 20 106 88% • __ 1313% 121% '' *104% 105 103 102 101 103 104% 106 102% 104 y. 66 101% 108 101'/a 102 3/4 ' 103''a % 103 *101 1013, Beneficial 22% 29% J 28% 20 28% 26 22 29 Va 28 14 22% 29% •7% • 7 — Vi ' Boston 8% . 8% 7Vi 8 513 8% 14 10 » 9% -?-*> - , 40% 33% Si 'First and j ' j | 38 50% 39% 39% 34% 35% M Extension Industrial Steel series 4s D »— 37% 64'% 54% 64% 68 42 65 % 74 3 46 379 43% 53% 82 89% "• 65 % 43 Va 82% — 64% to 65 'U 70 64 % 71% 73% 74 5 73% 82 -J CO Jan-July 82% 82% 83 82 % 83 " 8 82 8 93 7 82 93 first 3%s 1951 5s series C Loan Aprif-Oct I960.—Aprll-Oct 2%s debs *100% 119% 100% 119% 119% * 1961-May-Nov 99 Va 100% 119% 27 99% 122'% 99 — 993/4 Corp— 101 100'2 101 101 * 16 V4 101% 104 % 100% 101 — 102 104 5 105 102% 1967 Mar-Sepf *75 * May-Nop 76 105% 102 %' A April-Oct 75 • 87 83 102 102% ' 77% 77% 70 69% 71 Va 40 69% 73 44 44 45 Va 66 44 56 59 59 , *104 Brooklyn Union Gas 4s debentures 1969—Mar-Sepf mortgage 27/8s 1976— -Jan-Jufy Niagara Elee first mtge 2%s l975_May-Nov Buffalo Rochester & Pittsburgh Ry— 8tamped modified 4%s 1957 May-Nov 'General Terminal 4s 1952 — 105 Va 105 Va — 1 104% 102 105% 105% 62 11 100% 102 101 ,Aprif-Oct 1955 104'% 101 V4 101% — 5s % ■ Buffalo California 101 15 101 103% 61 62 6 *101% 102 Jan-Juiy 7 *:-8 Buildings 5s 1960—-Aprii-Oct gtd 106 Electric Power lirst 3s 1976 99'% 61 69 101% 102% 1 93 7 106 104% 105 31 100 104 % — ' 106 ; 50 % 100 106'% 36 Vi 31% 38 % .k 55 y4 48% 55% 34% 34 58 56 42% ' Guaranteed 1 gold 4%s 1957. .Jan-July 102 __ O LJ 103 112% 1123 4 113 111'% 111% 110% 111 6 1123% 1 111% 114% 11 110% 114 116'/a Mar-Sepf Pacific conv 103 '/a 103 % 103'% 8 103% 105 _Jan-Jufy 102 102 103% 66 100 106 V4 7812 12 74 Ry— debenture Capital Airlines, Inc— Mar-Sepf j 61 % > .: '104% — .June-Dec Canadian 41% 103 May-Nop National Ry— J 42% June-Dec Aprif-Oct 46% 78'% 77 Mar-Sepf 85 85 Mar-Sepf 1C5 106 % 97 105 % 103 106 85% 83 8 106 V* ' . 108 Carthage & Adirondack Ry— First 63 65'% 55 102 2 44 4 Jan-Jufy 4% •67% 55 49 57'% 65% Jan-July 61% 41%. June-Dec 110 56% 54! 50 32 38% A 53 ' 55 55 1985_Jan-JuIy 1951— mortgage series 5s AC Canadian (interest 55% 54% May-Nop Alnc Bush 43% 36'/a 98 Virginia— California Oregon Power 3%s 1974—^ 48 94 86 41% 54 April-Ocf 82 15 Maine RR— Consolidated 55% 37% 44% June-Dec (interest 56 division ref Bush Terminal .Co first 36% 85% 89 . (2%% First mortgage 5s series II 1955 .First mortgage 4%s series JJ 1961 isFlrst mortgage 4s series RR 1960 ; 9 37% 36% 86 mortgage 4%s series A July 1970—May-Nop ABreda (Ernesto; Co 7s 1954 —Feb-Aug Bristol-Myers Co 3s debentures 1968 Aprif-Oct . 15 Va 7% *1 6%. mortgage 2%s series I 1970 Jan-July Consol mortgage 2%s series J 1976—..May-Nop iConsol mortgage 3s series K 1979 Jan-July 38 27% Va 82 86 contingent interest;— SConsol I 47 31 1 27 mortgage 3%% Telephone of Pa Bethlehem ( 105 36% 27% —June-Dec dlv first mortgage 5% ser A fixed & X%% conting int) 1980-Jan-July Creek Bell » 36% 27% 83 Interest)— 1995 refunding 4s stamped 1951 4s Beech •44 •• 1 Consolidated i ! 96% 103 1968 May-Nor- 126 119% 3 99% ■ (interest (interest 62 Bangor & Aroostook RR— | I 99 general lien i 102 April-Ocf Plan 120 .V? ■< contingent Dec Cincinnati First ? 100 M and Toledo 100 102 April-Oct A 99% 97 98 A May-Nov 2.375%) 98 97 98 Feb-Aug 2004 127% 103 V, Jan-July mortgage 4s series A July 1975——Aprll-Oct mortgage 5% series B (4% fixed (3% % i June-Dec to 126 120 : 4s unified 4V2S A 1964 S'western ? 100 .April-Ocf 1952 pursuant 102% 95% 96 97 96% 23 r May-Nop 126% ——May-Nov • J due Dec 1 1995—1—June-Dec A4%s convertible income Feb 1 2010 —May f 83 Jan-July _ 101% 79 80 ... Pittsburgh Like Erie Si West Refunding 4s series A 1980 i 99 (interest 1966. 100 101 80 Series s t 97% (interest to 2.28%) 2004 stamped pursuant 102 Va ' 7% June-Dec 'Interest reduced to 2.25% 1 ARome A -- 7% 2012 pursuant reduced A8ao A 130% April-Oct i _Mar-Sept 8 Feb-Aug 115% Fe— _Mar-Sept *7% 1946 Plan reduced to 2.5% ) 1999 external sinking fund gold Stamped *• to ' — -A Aprll-Oct 1,497 127 % .76% 1996 —Jan-July Ta-»..Tui- 106% 5 1 8 1953 |Ata external loan of 1921 A7o 1966.. 121% 105% 30 March 10 2nnfi Stamped pursuant to Plan A reduced to 2%) 2012 Wo Orande do Sul (State of)— A«s 104 % • 109% 49 • 80 due *7% 1946 103 1,933 - 80 2000 "IVa 2001 pursuant reduced AExternal to 2.25%) (City ofi 101% 105% 411% 117 Quar-Jan l April-Oct stamped pursuant to Plan (Interest reduced to 2.375%) 2001 1966 stamped pursuant to Plan 102% 104% March 1950—Jan-July 1961 •102 •97% 101% due 33 37 101 % 101% Mar-Sept 1958 lAStabllization loan 100% 99% 43 due r 1 1967—Mar-Sept I960—.June-Dec 1961_^_April-Oct "99% 99% M G 56 35% 95 gold 6s 1940 115% 31 £9 % 100 Series K (interest 2nd series (Republic of) <A4%s assented 1st 107% 104 Vi 105 Va Series — -- 35% '103 ___Mar-Sepf 1959.——Mar-Sepf external 7s f s A *47 Va ..June-Dec External secured ref 3Vis series B lAPernambuco (State of) 7s 1947: Stamped *35% _Mar-Sept 48 1.700 101 % 102% 13% s May-Nov 108 % 113% . 100, 13% (interest (Kingdom) 3%s 1957 (Kingdom of) 4Vis 1956 101 % "95% 104% 11% 25 • External sinking fund 4Vis 100% >99% 101% .April-Ocf 12 13: 60 reduced to 2.125%) 2008 --.Mar-Sepf ASecured extl sinking fund 6 Vis 1959___Mar-Sepf Stomped pursuant to Plan A (interest •reduced to 2.125%) 2008 Mar-Sepf Netherlands 99 77 32 118 contingent Interest) July 1975-April-Oct Refunding and general Inortgage 5% (2% 1958——Mar-Sept A 35 - £6% 121% and 1% —Aprif-Oct Plan 99% 100% 95% 99'% ' fixed to 99'% 100 100 % 89% 109 95% 100 % - -98% Feb-Aug 1962—Aprif-Oct 3s 1995 4s 109 94 Vi 79 101 90% 6% — ASecured etl sinking fund 6%s APoru 5s 99 Vi 96 Series Minas Geraes Norway P W Products Co • 104% 74 99% 93 •101% 94 % 107 103% 93 104% 105 June-Dec July 1995 4s 60 104% 105% 106% gold 9% — (City of) 7% 10 5% Jan-July ASmall 10 5% B 1903—Jan-jufy agree't) .7 _ 105%. Arbor General 1922 1933 assented (1942 7 7 112% 1959—- 1971— Tobacco Co fixed new 12 June-Dec 1969——„——-- Atlantic i" 12% ASmall A6s 80% June-Dec debentures First 12 Vi 11 15 9% 6% 1963—Jan-July (assented 95 79% 60 June-Dec 1957— debentures debentures American 9% 1913 93 86% -- COMPANIES 100 Aprif-Oct 1973—— convertible 2%s 1961 Jan-July ASmall tATreasury 6s of 92 92% 81% •105 June-Dec 1982_ 2%s debentures - 9% 6% INDUSTRIAL Feb-Aug; Baltimore & Ohio RR— r' assented new •7 Jan-July agree¬ _ ASmall 82% 86 45 79% •4% __ April-Oct 1986— Atlantic Refining 2%s debentures (1942 agree't) (assented to 1922 1910 ment) 15-. 11% AND 1980 deductions 2%s 16 v: debentures 2%s Va 46% June-Dec assented 95 Jane-Dec 71 to due. 1954 agreement) 1 2 86 Airlines General 11% new 26 •S9% 100 62 58 m 1904 (1922 A4s 134 V* 1 w *1• - 94 •__ •— Ann 1903—Jan-July 90% 90 88% Mar-Sepf 1945—Quar-Jan (1942 agree't) 97 — 83% ___Aprif-Oct May-Nop 1967 Stamped 4s July l 1995— Atlanta Si Charlotte Air Line Ry— assented 89 •88 Va 1966 • 2 38 *6% ASmall 9 92 Va I first A new 5% 2 — 1956 3Vas ALarge • 3%s Amerlpan Bosch Corp 3%s s f debs 1964—May-Nop Si Foreign Power deb 5s 2030 Mar-Sept American Telephone Si Telegraph Co— ALarge • 1952 7s Southern Atchison Topeka Si Santa AOs 14 1 •121 Feb-Aug Feb-Aug American 58% , • 41% .sAflmall *■ •134Vi Jan-July __ ASmall . Vi •126 American •' 103 Quar-Jan agreem't) 14% 10 ^ J05 3s (1922 1984 1958 ALarge IA 5s assented 14 3% 9Va 5 — 97 105 — IA 5a of 1899 due 1945 97 __ May-Nov Valley (Dept of) (City; external 7s 1953 assented ;3%s debentures 1968__Jan-July 5 mortgage 3%s 1972_Jan-July Albany Si Susquehanna RR 4%s 1975 April-Ocf Alleghany Si Western 1st gtd 4s 1998 April-Ocf 1943—May-Not agreem't) 5 Vi 9% Cauca Alabama 1968 (Republic of) 5% May-Nov readjustment 10 18 % — Allis-Chalmers Mfg 2s debentures ~f. , ll'/? 38 Jan-July 10 * May-Nov RAILROAD 72 Va 35 .June-Dec 1978 73 20 Cauca Alabama Great Mexican Irrigation— >ANew Del 66 9 10% — 1979 2%s 6'%s May-Nov June-Dec 1979 readjustment 70 % 9% 95 A4%s 11% 101% v 93 201 t , ' 7s 1957,—Aprif-Oct 70 1973—Feb-Aug See 3 % 8% 62% 110 , 32 1962 1958 June-Dec 11% 9 " - 2 ■ *101% ,—June-Dec 10 -» 5 6 71% 71 Mar-Sept bonds $ ' • 1 8% 8% 71 32 70 88% external 85 — 1958 readjustment 73% 82 — 55 11% • 9 3£> Aprll-Oct ..May-Nov 7s conversion 67 I V 1960,—_May-/Vop 33 63 49% { 54 85% 1978—June-Dec Valle 80 55% 70; • 80 14 -- Jan-July 2012 external External 3 Vis A 1952 f s 2%) external 73% 71% A (Kingdom; secured 88 67% 69% 4-4%-4 Vis external 55 101 % 96% V Jan-July 1% to 87 72 1968 Plan ' sink (Colombia) 30-year 3s 90% *79% —Jan-July Altaly (Kingdom of) 7s 1951 AJugoslavia (State Mtge Bank) AMedellin 49 82% —Mav-Nop 1947 7s to 63 70 3%-4%-4fts external conversion 11 Utility— Credit Institute loan sinking fund 6s 1964 3%-4-4%s (dollar bond of 1937) , 77 75% Mar-Sept 1962 assented 65 90 2004—Jan-July AExternal 40 3/4 ' extl B Public 114 35 • 2) 100% 54 1977 series Italian 109 17 %s 75% 56 — A 2.25%) Slovenes of; 65 Jan-July Jan-July external (Prov High 72 (interest A Plan to reduced & Low A Sydney County Council 3%s 1957 —Jan-July iAUruguay (Republic) external 8s 1946.—.Feb-Auy AExternal sinking fund 6s 1960 May-Nov 29% 94 8214 1976—_r—Jan-July 1 (Republic) extl s f l-3s 1977 Jan-July Italian Credit Consortium for Public Works to A4 87 19% 17 * ' 49 96 Jan-July Italian 1% 49 96 *64 1964 State 72% 54 ' dollar series B AWarsaw 1976 1968—. (City) external 6%s 1960 Free 31 „ 38% 38% 1976__^„Jan-July 1 part paid Helsingfors 90 to ,—April-Qct bonds Jan AEstonla Greek •- 43% 77% 50 • A7s ASllesia 48% — 80 53 , f dollar bonds Jan s .. 81 43% 47% Plan 1999 Plan to pursuant secured Jan. I No. Jan-July to External reduced (interest f dollar bonds Jan s 47% Croats A8s — assented External gold 4,%s 1962 Salvador (Republic of)— &V2& extl external Serbs — 6% ) extended to 1960 —Aprll-Oct lADenmark 20-year external 6s 1942—„-Jan-June External gold 5%s 1955 . Feb-Aug El 87 49% 1 to 2.5%) to reduced -(Interest 79% 40% 52 *50% 87 2 102 — 52 30-year 3s sinking fund $ bonds 1978——Jan-July Czechoslovakia 46% *50% Rica (Dept 85 44 Va (Republic of) 7s 1951 May-Nop (Republic of) 4%s external 1977——June-Dec Cuba A6s Range Since Sold *65 May-Nop pursuant pursuant (Interest 7 78% 85 Jan-July sinking fund dollar bonds 1970—April-Oct (AColombia Mortgage Bank 6'%s 1947 Aprii-Oct {ASinklng fund 7s of 1926 due 1946.,—May-Nor Cundlnamarca Stamped Bonds High (interest 1950 pursuant Stamped 3s ext ACosta 4% A reduced to 2.5% ) 1999 A7s external water loan 1956 — 1961 Jan ' 7 Friday's — stamped A8s external 50 Mar-Sept -Mar-Sept 1960 or Bid & Asked 1957—May-Nov 2012 (Interest reduced Stamped *48 (Hukuang Ry; 5s 1951 Colombia 2 — May-Nov Municipal 7s 1960 assented AChlnese 49 May-Nov 1962 1962 assented 49 Plan to to 2%) (State of) 1936 ' sinking fund pursuant reduced 47 28% Scamped 37% 37% •48 Sale Price Low 26% *34% Week's Range Last Period Exchange High 40 *34% June-Dec June-Dec 6%s assented 1961 Interest BONDS New York Stock A6%s extl secured bonds Mortgage Bank 6 Vis A6%s 30 Range Since Sold cont dollar luud siuk ENDED JUNE Friday " Bonds Friday's or Bid Si Asked Low Chile WEEK Week's Range Last New York Stock Exchange FOR 57 68 Celanese mortgage Corp guaranteed 3s debentures 4s 1931 1965 June-Dec April-Ocf •59 103% 64 103% 104% 58 103 64 104% Volume 172 Number 4921 . . The Commercial and Financial Chronicle . (29). 29 NEW YORK BOND RECORD RANGE FOR WEEK ENDED JUNE Friday BONDS New York Stock Week's Interest Last Period Sale Price Exchange Range Friday's or Corp 3%S 3%s debentures debentures (1947 1960_ Feb-Auy issue) series mortgage A 1995 mortgage 4 Vis series Central Rft Co of N j— General mortgage Central New Central York 3s 1974 First Pacific Ry Co— and refund 3'As First mortgage -3%s series series Champion Paper & Fibre Chesapeake & Ohio Ry— General gold 4%s 3s 69'A 43% 104 % 49 Vi 161 44'A 456 104 Vi 105 Feb-Aup *103% 67% 64 67% , 39 j 50'% ' .. 104 104% 103% 81 86% 56 Va 9 56% 65 64'A 66'A 40 64% 31 124 A Income 125% 125'/8 125 'A 100% 100'A 101 100 49 • 100 124 100 104% 19 104 106% 119% 101 104 »/8 104% 133% 103'% 120 y4 112 100% 114 119 Vi — ^ 1% - • "First 1958 and Mar-Sept. refunding 4'/2s B series Gen 1977—Feb-Aug *108% First and II refunding mortgage 3Vis 1985—Feb-Aug refunding mortgage 2%s 1970—Feb-Aua 1st & ref mtge 3s 1990_: Feb-Aug Chicago & Eastern 111 RR— 99% mortgage inc conv 5s 1997 --April First mortgage 3%s sefies B 1985 May-Nov Chicago & Erie 1st gold 5s 1982 May-Nov Chicago Gt West first 4s series A 1988—Jan-July A 1st mortgage 4s inc scries Jan A 46 7° April 4s series A 1983 April mortgage 3s series B 1989 Chicago Rock Island & Pacific RR— 1st mtge 2%s 2%-4 Vis 93 East "Tenn Va 80'A 14 73'A 84% 19 51 'A 62 45'A 57 40% 50% 89 15 61% 61 Vi 63% 54% 54% 56 El 51 99% 61% First 'First 60 50% 56'/s 87 Ohio 120% 69% —67% 67 % 102% 106'/4 105 May-No® Feb-Auy 105'A *88 93'A 96% 92% 99% 100% 21 99% 101 101% 102 % 33 1017/s 104 99% 101 110% 111 99% 102 *99 % 100 V8 April-Oct *1501-4 154 1965 April-Oct *110 April-Oct *109% 5s 152 104% — 105% 106 % *105% — first 150% 150 % 150'/4 Mar-Sept 110% — 63 51 65% *98% 0 92 » • „ 70'A 97% 63 63 Vb 98% 82 87'A 87'A 81 83 98% 98% *99 *100 103 100 100 105% 103% 91 . 99 §9 98% 99% — 102'A 103% Firestone Tire 102 % 103'A tFlorida 10 78% 79 'A 2 78% 72 5 72 80 104 % 104 % . 104 % first 103 1 64 69 % 343 65% 68 66 104% 101% 16 102 % 102 % 4%s refunding 5s series A 103 71 59 68 60 12 102% *103'A 103% 106% 102 5 1961 __^-Mtfy-Nov 1959—'—-June-Dee 1974—Mar-Sepf a Certificates of deposit _Mar-Sepf Francisco Sugar collateral trust 6s 1956—May-No® 87 72 ftubber 3s debs <fc East Coast AFirst and Chicago Union Station— First mortgage 3Vis series F 1963 Jan-July Fifrst mortgage 27/8s sefies G 1963 Jan-July Chicago & Western Indiana conv 4s 1952-Jan-JuIy First and refunding 4 Vis series D 1962-Mar-Sepf 101% 111 70 A Jan 2015——April 3'As series E 1964-April-Ocf £on6ol mtge 3%s sferies F 1990——Jan-July conSol mtge 3 V8s series G 2000 Jan-July consol mortgage 2S sefies H l953_Mar-Sept Division first mortgage 3y4s, 1971-Mar-Sepf *102'% 103 Jan-July 101 250 Railroad Co— *102% — 317 118 *67'A First consol mortgage 71% 52% s89 1C1 68 1979--—-—-—*. Southwestern & Erie 56 338 103% 80 1961- stamped 1965. 104'/2 143 54 93% 108% 101 111 Georgia div first 5s l956_May-Ndfc first cons gold 5s 1995-Jan-July & 5s 96 j Paso First 51% 87% 105% 6 127 y« 56% 96 4 3 *69% Edison El 111 (N Y) 101 87 % 101 General mtge inc 4'As ser June-Dec 1994- 86'% *95 Memphis Division 1st gold 4s 1951— —June-Dec Chicago Terre Haute & Southeastern Ry— First and refunding mtge 2%-4 Vis 1994.Jan-July Income 126% 42 101 Jan-July 1951 1 90% 45% ■ __ 77% ,73% 68 11 97% 65% 1995—June-Dec gold 4s debentures 2%s 95% 11 47 54 Jan-July 1980— A ser Chicago St L & New Orleans 5s 70 127 1st.mortgage 80 54 1999—April First lien Dbquesn'e Light Co 2%s 1977 100%; 36 163 2.35s 88 1994 mortgage conv iric 4Vis Jan l 112 % first Mack & Elgin' Jolidt & Eastern Ry '3'As 1970 „Jan-July General mortgage 4Vis inc ser A Jan 1 2019_April 4%s conv increased series B Jan 1 2044 April Chicago & North Western Ry— Second 70 — mortgage 4%s inc ser A Jan 2003 April Chicago Indiana & Southern 4s 1956 Jan-July Chicago Milwaukee St Paul & Pacific RR— mortgage 47 127 88 A 2nd First 43'A .mtge-2%s ser J 1985.^—-—TM-ar-Sept. debentures^ 1958—;— June-Dec ref & 1 Dow Chemical 100% 67 101 »A 101% 101% series 2%s 110 y2 t 97 105% 105% Jan-July June-Dec 1982_May-Sept refund and Detroit 101 »A 105 87% —April 104 99'/» 105 65'% ,-Asecond sgold 4s" 1995 ——•— June-Dec ^Terminal '& Tunnel 4'As 1961 May-Nov Detroit T0I & Iroiftbn RR 23As ser B 1976_Mar-Sept 10 *99% 100% — AGeneral AGeneral inc mtge 4 Vis Jan 1 2038— Chicago Indianapolis & Louisville Ry— 99'A II . 102 __ 101% First and 107% 97 97 . 3s Convertible 112% 110'A 106 *103% 108'% 110'A 110'A 69% 106 - . (3% fixed interest) -1993 contingent General Chicago Burlington & Quin'cy RR— 4s Lake— Salt & * Detroit Edison 3s series H 1970 * 83% *— *104 Jan-July series A (4'/a%. interest) 2018 : mortgage Income mortgage Detroit Geneial 4-6s May. 1 Light 36 1913 trust contingent •Denver Mar-Sepf Refund and impt M 3 Vis series D 1996—May-No® Refund and impt M 3'As series E 1996_ -Feb-Aup Refund and impt M 37/es series H 1973—June-Dec R & A div first consol gold 4s 1989—Jan-July Second consolidated gold 4s 1989 Jan-July : Denver & Rio Grande Western RR— " • 1992 High 56 Ve * 102% — Jan. 1 Lew ' NO. . 1973-May-Nov •First mortgage series A (3% fixed * 1 % • contingent interest)' 1993— 102% *103 'A Range Since Sofd ——May Collateral 103 — *103 , High Bonds 2042—May-Nov Delaware Power & —^-.April-Oct First mortgage and coll trust 3Vis 1977.June-Dec First mortgage 'and coll trust 2%'s l979_Jan-JaIy l04Vi"105% 62 187 First. and refund M 5s series C 'Alricome mortgage due 1993——;—, •Morris & Essex division • 40V8V,46% 24 42 Feb-Aug Jan-July 1965 ' 94 . 66'/2 45% 1968:. 87 64 Vi Low ■ Westerh RR Co— & Western Div & Range Fiiday's Bid & Asked Lackawanna York New or Last Sale Price Period 1 j 1 Delaware Lackawtfnha 40 '/a May 1974 A B deb 101% • Week's Friday • interest New York-Stock Exchange ■ .' __ 94 - - ■ *64 Vi _Jan-July April-Oct 1981 3 Vis Power 2020 1 *' ,, 64 34 ^ BONDS, Low < High 100'% — *— : B Jan Jan. 1 No. High *101% —Jan-July AGen. mortgage 4%s series A Jan 1 2020—_May A Gen Range Since Sold *102 1960 Feb -Aug IA Central Branch U P first gold 4s 1948—June-Dec Central of Georgia Ry— .First . Bonds Bid & Asked Low Celotex m 104 ' 102 J/4 102'A 5 1"° 102 102 104 103% 105 li 100% First First C I 1st mtge mortgage 27/8s Cincinnati First & Elec Union 2%s l975_April-Oct 1978 Jan-July gold General 4s Chic Louis & St *110% 110% 101'A 101'A 1 101 >/4 103'% 100% 100% 100% 8 100 % 102 96 97% June-Dec 90 'A 20 83% 91% — *97 90'A __ ■ 90% 1993 June-Dec 78 __ *99 Vi 100% 70 59'A 67% 60 Cincinnati Wab & Mich 59 59 60'A 21 57 80 80 2 80 106'A 107 33 Div 1st 4s 1991_Jan-Jttiy St Louis Division first coll trust 4s 1990_May-No» Cleveland Electric First mortgage Cleveland & Series Illuminating 3s 1982 3s 1970 Jan-July June-Dee — *105% Pittsburgh RR— 3Vis guaranteed D 1950— Feb-Aup Cleveland Short Line first gtd 4l/2s 1961—April-Oct Cleveland Union Terminals mortgage 4%s series C Colorado 4Vis Fuel Iron and 1977 Gas Electric & debentures trust debentures South & Toledo Commonwealth , Consolidated Elec 4s :j. - 1st mortgage 23As Edison of mortgage 2%s debentures General mortgage of 3s 102 99 102 Va 93% 93 Va 96 79'% 87'A 95 97'/a 27 99 79 % 79 V4 97 987/s 97 ~5 79% ■> 97 67 67 *67 "9% 5 102% 4 9'/4 102 11% 7'A 102 104 103 Va *104'% 105 106 1978___^-^ 79% 74 Va 5 76 76 100% 10 100 62% 64% 40 1916— v.May-Nov : April-Oct 99% 99% ~5 .-Jan-July *103% 100% 62 2044——April 100 62% —^-Jan-July —-—— 19791—-J.— 1 99 II 67 100% 104 105 102 June-Dec 1st ref M 2%s ser conv ser debs Continental 102 107% 107% 107% 16 • —-April-Oct — __ *— I, V- ' *100% May-Nov iebentures 1975—Mar-Sepf 1965—Jan-July — 100'A Jwpe-Dec §ADeposit receipts June-Dec ACuba RR first 5s gold 1952— Jan-July §ADeposit receipts ——: Jan-July «A7'As series A deposit deceipts 1946—June-Dec §A6s series B deposit receipts 1946 June-Dec 5Vis — 104% Dayton Union Ry 3'As series B 1965 & Co 23As debentures 1965 & Hudson footnotes see 4s extended U 1963 99 102% 100 % 34 120% - 8 , 99 » 101% 101% 1 101% 16. 104 'A 106% 8 105% 106% 115 Purchased 103% 104% 105% 140 119 % 133 1,051 *109% 110% 11109% Collateral .: 65 67'A 37 34% 37'A H103 11104 105' 103% 103'% 51103 Vi 106% *— — 104% 11104% 106 % 114% 114 120 *104% *103% 102% 102 Vi __ 35 11108% 124 103 77 102 Vi 102'% 106 103% lines , 89 32% 30% 35'A 47% 50'/a 84 26% 40 30 % 30 % 1 *31% 31 33% 35 y4 and 103% 106% 106% 104 105 108 108 102 105 *100% 100% 101% *100% 100'A 101 *100% 100% 101 *104 104 % 104% *35 102% 17 104% 105 *102 104 103% 106 102% *102% 103 104% 102% 104V4 104% 103% 105% 107% 11 106% 108 88 89 11 107 104% 90% 122 88 96% *100% 102% 101'/• 101% 100% 100% 1021/4 102 % 102 % 102% *101 102 % *100'A 101% 100% 101% *100% 100 % 101 101 101% 101 101 *100% 100% 100% *101% 101% 102% 101% *101% 102% 101% 103% 114 102% 101% ' 99% 100% 26 Refunding and. Imp 2'As series C 1986—June-Dec 92% 6 98 98 93 98 1 *99% 100 — 100 Va *93 — — 1952.— 106 99 — 92'A 96 101% 99% 93% 97'A 99% 100 Va 96 84% *Jan-July — 87% 29 81% 92 39% 111 32% 43 Va 75 86 - A 5s series B 1952 1956— April-Oct 35 35 ..Jan-July Adjustments 6s series A July Inter 101% . {International Great Northern RR— A AFirst 6s series. A 78 78 1956 deb 6s *.Jan-July 1944. April-Oct Rys Central America 1st 5s B 1972—May-Nov gold series C Hydro-Elec 5s § A International 101 % 101% 102 St L & N O— Joint first refund 5s series A 1963-——■June-Dec 25 47 26 % 42 106% *— gold 4s 1950 81 "46 17 70 27 Indianapolis Union Ry Co— 96 *82 1952— trust 35 92'A 31% 3%s May-No® Jan-July May-No® -May-NP® refunding 4'As series C 1963.June-Dec ; Firtt refund mortgage 4s series D 1963_June-Dec Illinois Terminal- Ry 4s series a 1970 -Jan-July Indiana Illinois & Iowa first gold 4s 1950-Jan-July 99 31 *955 Illinois Central and Chicago First *96 26% : 104 102% 102 % — 102% 103% 63 317 102% 103% 102% June-Dec ^Feb-Aug —June-Dec Litchfield Div first gold 3s 1951 Jan-July Louisville Div & Term gold 3'As 1953——Jan-July Omaha Division first gold 3s 1951 _Feb-Aug St Louis Div aft'd Term goid 3s 1951 Jan-July Gold 1951 : Jan-July 3%s Springfield Division first gold 3%s 195%Jan-July Western Lines first gold 4s 1951 —-Feb-Auy Registered — Feb-Auy 104% 104% 93 134 i 1981-Jen-July gold 4s 1953 Refunding 5s 1955 Debenture 4%s 1966 I 110% *104 — 77 % 60 7s -- - 77V'4 60% *97% 21 80 79 6 61 251 75 60% 66 99% 103% 86 62% 100 ( / "106 II ■ 101 *101% 103 90% 92% 66 104% j 101 103 June-Dec -April-Oct Mav-Nov .1 Refunding 4s 102 AFirst Deere . . 100 % 105% D Jan-July June-Dec 65% -.April-Oct 88% ' AFirst 1975_April-Oct 1957—Feb-Aug 102% 101% 102% — 100'A 101% 105% 106% . — Dayton Power & Lt first mtge 23/4s First mortgage 3s 1978 First mortgage 3 series A 1978 5s A Consol mortgage Consol mortgage 105 V4 100% 101 — *102 % 104'/a 99 1942 - 2d Illinois Central RRr— ■ 1st mtge 3%s 1966 May-Nov first 90 % 4%-3%s ser A 1979—.—May-No® 5%-3%s series B 1979—May-No® mortgage 3%s series C 1974—May-Nov First gold 4s 1951— xJcn-July First gold 3%s 1951 .Jan-July Extended first gold 3%s 1951 April-Oct First gol<l 3s sterling 1951: Mar-Sept Collateral trust gold 4s 1952—^ April-Oct 104 % 100 1 *102% 103 April-Oct 1968 27/8s first : 107 106 „ 105'/a 128% 101% 99% 90% Consol April-Oct mtge 3s *104% 105% 100 % 100% —-Jan-July , first Manhattan Telephone 2%s series A First mortgage- 3s series B 1978-- 107% 105% 24 106% 107 Jan-July 1981 U Ry 105% 108% 107% 100% 121 — *100% 100% 105% — 1976—— Crucible Steel Co of Am Northern 103% 105 *117 Jan-July Jan-July 99% 99'A *98% 1976^_Mar-Sept AAdjusted income 5s Feb 1957— Cairo Bridge 1981— 1962 Baking 106'% City— April-Oct 2%s mtge Hudson Coal first sink fund 9s ser A 1962_June-Dec ' June-Dec first Ry first 4%s 1999 Finance Corp 2%s 1970 Illinois Bell A 1963 Bait Consolidated Natural Gas 2%s Power 104% 6 107% April-Oct 1976 Q 27/8s ser T M Household 105% 105% 107% h Water HoCklug Valley »— Feb-Aug June-Dec 4'/2s 1954— ser 1st ref M 23/4s ser R «v»t 129 125 120 % 120% Jan-July ; Hackensack . Consolidated Gas El Lt & Power (Bait) M 23/4s V ' 101 % 100% Hudson & 1982_Mar-Sept 1977_ApriI-Oct First and refund mtge 2%s ser C 1972_ .June-Dec First and refunding 3s sefies D 1972 May-No® First and refund mtge 3s series E 1979-Jan-July Delaware 6 120 % 78 62% 34 — 104% 105 mtge* 2%s ser B convertible 76 York— New mtge refund Consolidated Gas Co *101% , April-Oct refurid SACuba 106% 1955-Feb-Aup 3%s 1965 and 2Vis 105'A 102% April-Oct and Consumers 3 Co— First ref 105'A 1st mtge debentures -1969 J _Feb-Aup 1970—May-Sept 3'As external First 1st 3s Mar-Sept 1999.1 f debentures 1st ref 107% April-Oct 1974 first Consolidated Cigar Corp 3s 106 J ! series L 19773s series N 1978 debentures 1999 fund 73 73 __ Conn Ry & Lt 1st and ref 4 Vis 1951Jan-July Conn River Pwr sink fund 3%s A 1961—Feb-Aug • 5 *105 ■ 3s mortgage s 107% —Mar-Sept Ohio Edison mortgage sinking 2%s First 107 Corp— August & Columbus 3s < 107% 125'/a , mtge toe 4s series B Jan Collateral trust' 3%s 1968 108% 107'/a 1964—April-Oct 1971 Columbus First 100% 99% 105'% 4 mtge General 100 103 8 97 inc 5s series A .July 2015 April First and refunding 3 %s series D 1969—April-Ocf General 107 108 May-Nov 4s Gas System Inc— ZV*s debehtures 1973— 3s debentures March 1974- First "3 I . series B 1975 First and refunding 4s i Corp— coll Columbia 3s 107% 101% — 127 % 127% 1959-—April-Oct debentures 27 107 ... 3 %s Gilf Mobile & Ohio RR— 107% 100 99% 108 April-Oct April-Oct April-Oct V Columbia 99'A Greyhouna. Corp. 3s 106% Jan-July mortgage 3'As series N 92% 88 Va 2 89% 102 105 % 105% Jan-July -Jan-July 1952—^ B 1973 C Gulf States Utilities 2%s Ry— modified) 1980 & mortgage First 99 % series series 87 106 — *101 Southern & (stamped Colorado — 5%s 5s 62 ~ Co— First mortgage 5%s series A 1972First mortgage 5s series B 1973 First 62 *99% 100'A — % 89% Mar-Sepf 1965^May-Nov 2%s rntge 1990 Jon-July General mortgage 3'As series O 2000 Jan-July General mortgage 2%s series P 1982 Jan-July General mortgage 2%s series Q J010 Jan-July General mortgage 2'As series R 1961—Jan-July AGreen Bay & West debenture ctis A Feb ADebenture certificates B__— —*.—-—Feb 100% 59 % first Northern Ry Co— General J? 8% Refunding and impt 4%s series E 1977—Jan-July „ 82 75 55 79% * 1969—' debentures Co F> ^General 4V2S series D 1976—___L Ry— June-Dec B (B General 110% 101 >A 1993—— series 5s Great tJtilities Corp— & conv-income Goodrich . April-Oct June-Dec 25/8s 1959 Corp Cincinnati General ; A4s 104'A Genera] 1969—Feb-Aug Feb-Awn City Ice & Fuel 2%s debentures 1966 City Investing Co 4s debentures 1961 Cleveland General Realty . . 101% 101% 102 % *102'/4 ■ Terminal— mortgage gtd 3%s series E mortgage 2%s series O 1974 T Financial 101% 106 I / . Cincinnati Gas 104 101% 6 90'A 99% Jamestown Franklin & Clear first 4s Jersey Central Power & Light 2%s 70 1959-June-Dec 1976—Mar-Sept — *— 72% 102 14 „ 70 101% 76% 103% The Commercial and Financial Chronicle Monday, July 3, 1950 . NEW YORK BOND RECORD RANGE Friday v n r n Interest S New York Stock Exchange ENDED JUNE er Bale Price Friday's Bid A Asked £.010 High Friday Bonis Range Since Sold No. Low 1st mortgage 2%s Kansas City Southern 1978 -- 1975—April-Oct Ry 4s ser A mortgage 3%s series B 1968 Kansas City Terminal Ry 2%s 1974 Aprll-Ocf Kentucky Central 1st mtge 4s 1987 Jan-Julf Kentucky A Indiana Terminal 4%s 1961—Jan-Jwlf Stamped 1961. Jan-July ~ — — 103'A — 106 fAKreuger & Toll certificates 5s 1959 — 25 "100% First Mich South 1968Juno-Dap gold 3%s 1997Juno-DtP 3'As registered 1997 Lautaro Nitrate Co Ltd— Ju»e-Dee Sinking fund mortgage 3%« Lehigh Valley Coal Co— 1st & 1st ref & 1st 5s ref A stamped stamped ref 5s mortgage Lehigh lP70-April-Osf 27 — *98 97 __ Fsb-AW® ,< — 20 100 181'A 104 105% % 4 4 1 'A 114 114 118% 98 114 121 — —Db-ABfl Feb-Au® 1974 to Jan-July May-Nov Moy-Nov May 4'As contingent Interest 2003 May 5s contingent interest 2003 May 5s fixed Series E Series F Interest 2003 contingent Interest 2003 Lehigh Valley Terminal Ry— First mortgage 5s Miami ALombard Lorlllard 3s general 4s Electric 7s (P) series series A Apill-Oef Aprfl-Od Feb-Aog 1962 A 1952 5s Co debentures debentures May-Noa 1951 Feb-4«# Aprll-Oct __ 86'A __ ~7 »84'A 88 86'A — 96 A — 96, 96% 99-,« 3 i 96 A 100- 7 91 90% Louis Div second gold 3s 1980 Cincinnati Dlv 4s 1955 Louisville Gas & Elec -Mar-Sept May-Nov mtge 2%s 1979—May-Noo 1st Macy (R H) A Co Central 2%s RR debentures 4'As series A 83 74 74 June-Das mortgage & con 4s series B 1954—June-Doe Manatl Sugar 4s sinking fund Feb 1 1957 May-Nat Manila RR (Southern Lines) 4s 1959 Jfoy-Noy May Dept Stores 2%s debentures 1972 Jan-Jaly Mead Corp first mortgage 3s 1966 —Juse-Dao Metropolitan Edison first mtge 2%s 1974—Maa-Noe mtge 2%s 1980 68% 68/h 71 83 13 82% 3'/eS debentures Jack Lans gold A 2 74 Aprll-OcO Sag 3'As 1951 Mar-Aopf 1952 May-NOT 1969—Jfor-Bepl mortgage First mortgage 2%s 1969 Mar-Sept 3%s 1969 fund debentures 3%s sinking t§AMidland of N J first Minnesota Mining & Mfg Minn St First Paul A Saulte mortgage 4'As 67 101 ext 71 71 10 55'A 57% 63 64 34 34 36'A 40 38% 40% 154 41% 40% 42'A 57 50% 52'A 34 70% 2%s St Jan-Julf 1940 75% __ 103'A — 50'A 55% 22 62% 36% 42% 40 45'A 75% 76 61 33 74% 121 % series A — 103% 103% 103% *103% 102% 103'A 103'A 102% 103 1 17 *90 95 81 81 2 — 99'A 100 20 __ — *~ — "107 103% 102% 61 105% 91% 95 99 95 109 101% 103% 101% 101% __ 96 68 95'A 96 — — *— -- 88 % 88'A 72 100'A 99% 106% 107% __ *99% __ 100% 100% 80'A 100% __ 80'A 1 80% 107% 108% 33 107% 109% 100% 101'A 102"% — 107% Pacific AGeneral RR Jan-July A ser Jan-July Jan __ *105 106'A *51 57% *102'A 55% series AFirst and refunding 5s A Malone Ry (John) Morris & Essex Certificates gtd of States 75 B 69 67 97 96'A 101'A 96'A 96'A 101'A 49 39'A 38»A 102'A 76 96% 101'A 97 96 60 60 __ *102% 1966 3%s '""'n. A 1955 May-Noo 101% 60 2%s 127 1986 May-Nov & 72'A 90% National 3s Dairy 3s 8t Products debentures NatT & series Distillers 2%s debs 1970__Jun»-Dee 1970 England Tel First 3s gold A Tel guaranteed 4s 1954 May-Nov series B 1961 and and and 1974— Jersey Bell Telephone 3%s 1988 93% 92% 105 2%s debentures J Junction New Jersey New Orleans RR gtd Power A Great first 4s 94 105% 3%s debentures Light Nor 5s 49% 3 %s debentures 1878 3Vis debentures 1983 1,329 33% 50 93% 92% 105 5 56 62% 103% Mar-Sept Jan-July 1983 Orleans & Northeastern RR— Refunding and impt 4%s series A New Orleans JNew AFirst 5s A Term Orleans Texas series Certificates AFirst 5s series ACertlficates AFirst 4'As first B of of of " AFirst 5%s series 4s Mexico 1954 3 101 102 1953 1956 deposit D 1956 Jam-July Pacific Western Oil 3%s debentures Paducah A 111 1st sink fund Feb-Aug Pennsylvania-Central 1954 .....For footnnte* deposit ««>* 103% 101% 6% 83 51 9% 1 1% 37 101% *61 62 J* 104% 104% 5 2% 2'/4 57 100% 3% 103 64 101 104 % 104>/8 101% 104% 5 41 43 *1 106 % 28 14% 13% . 75 8 107 13% 2 101% 101% * 53 ■ 14% 75 101 % 41 45 17 74 31 80 101% 103',2 *105 107 107 % 105% . — 106 % 105% 105% -- 2 106% 105% *__ — 101% 107% 101% — 101% 90 90 126% 90 10 126% 126% 102 133% 117 107 — 30 109 102 112 103% — 105% 94 126 114 — — *102% — 102 % 88 17 *117 107% * *__ 61 2 80 89 62% 61 80% 103 % 61 61 83 12 80 89 % 29 61 70 % 59% 66 88 101 89 11 88 97% 88 91 % 12 88 97% 40 101 105% 101% 103 101 103 April-Oct *101% 101% — 101% 101% 19 101% 103% 101 •% 102% ■T ~ *101% '' — *95 -- 99 ♦104% 104% — 11% 11% 105% 100% 100% 101 102% 102% 102% 105 '/8 105% * 101 % 101% 1 11% 19 99% 107 % 13% 104% 106% 100 % 102% 13 100 % 102 % 29 102 104% w- June-Dec April-Oct 72 86 Pennsylvania Glass Sand 3%s — 97'A 97'A 5 97% 99 % ' 105 105% General 102 P4 102 94 102'A 104'A __ __ 104% 104'A 104'A 104'A 17 „ __ __ 117 117 93 sinking fund 102 103% 105% 4%s series A 1960—Aprll-Oct 106 24 103% 104% 100% 101 % — 101 % 113 General Peoria A 105 105% 106% 11 1057/e 107% 105% 106 100 % 102% __ B 104% 104 61 104 107 103% 103% 105 __ — 100'A *101% __ — 103 104% 19 103% 106% 104% 105% 2 103% 106% 101 101 1 100% 102'/2 102% * *104 % 99% 102 — 104'A 100% 102'A 27 100% 1041/2 99% 100'A 14 99% 103% 99% 102 102 3 99'/4 102 100 100'A 18 97% 103 10 1st 11 99% 1 101% 106% 106% 5 105 106 % *106% 107 106% 107% *105 104% 106'% *101 % General 5s General geld series 4%s First — 101 % — 104% 101% 101% 104 % -- '103 65% 65% 1984 3%s 1952 external 4s B A *102 — 65% 104% 65 771/8 102 104% 103 9 -- 104 — 103% 104 113% 113% — 7 10 . 103'A 103% 105'% 113% 115 100% 101% 95 100 % 105% 105 105 105% i52 104 109 93 93 94% 73 93 Jan-July Aprll-Oct 92 92 94 15 92 101 '/8 I960 Aprll-Oct Wash RR 60 79 % 6 79 56% 14 52 Feb-Aug Jan-July 1977 ACertlficates of deposit Phillips Petroleum 2*4s debentures 1984 52 15 15 10 14% £9 99 100 10 99 *110 110% 117% 110% 110% 5 102 101% 102% 47 102 102 102% *„ ,103% 8 7 1975 May-Nov Pittsburgh Bessemer A Lake Erie 2%a i#sc_June-Deo Pittsburgh Cincinnati Ohio A St Lottie Ry— 105% debs guaranteed 4s ser Consolidated guaranteed 4s Consolidated guaranteed 4s ser G ser H 1966 Consolidated guaranteed 4%s Consolidated guaranteed 4%s ser ser G 99% 86 61 18% 103% 8% 118% 107% 110% 102'% 104% 101% 104% 102 103% 102 % 24 103% 103'% *103% 104 V8 102% • 99% 101% 110 \ 102% 102% Feb-Au* F 100% Co— 1974 series O 101'% 52 April Mar-Sept 101 79 Jan-June and conv 103% 101 refunding 2%s 1971 .June-Dee First and refunding 2%»s 1967— _May-Noe First and refunding 2%s 1974— _May-Nor First and refunding 2*4 1981 June-Dec First and refunding 2%s 1978 _Feb-Aug tiAPhlllppine Ry 1st sink fund 4s 1937—Jan-July 2%s 100% June-Dec 1881 1990 Baltimore Consolidated 100% 105% 99% 101% 101% Philadelphia Electric Oo— 101% 103 104% 106% 104 104% 99% 102 % 102 105 2 106% 107 Aprll-Oct 1968 mortgage 3%s series F 19E5 Eastern AIncome 4s April 106 103 *104% 105% series Pere Marquette Ry 3%s series D 1980 119% 104 % 1 *103 106% Feb-Auy -June-Dec mortgage 4y4S series E Philadelphia 52 1800 102'/4 5 __ 106% 104% May-Nov June-Deo 1866 5s 4Vis series D Convertible debentures 106% 104 % 104'A 104 VA 103'A 103% __ 104 13 Aprll-Oct 4%a General 96 10 *100% 101'A __ 107% 23 104 June-Dec June-Dec 1982 1900 General 3 105% __ 105% 104% 104% 105 % 1904__June-Dec Pennsylvania Power A Light Co— First mortgage 3s 1975 Pennsylvania RR— A3%s convertible lnc debs Sept 1 Guaranteed 4s series E trust ctfs 94 *106 Pennsylvania Co— * April-Oct 40% Airlines— 106 deposit A 62 472 _5 gold 4%t 1868_Jan-July 76'A 99 Fab-Aug 323 43% 101% 101% Mar-Sept Mar-Sept 73'A Ry— Ayrtt-Ot* 65 % 40% * _ 1962—Jen-Jtyy 70% 97% 62 40% April-Oct —Aprll-Oct 75'A 100 ACertlficates of 1988 89 deposit C series ACertlficates & gtd 63 104 49 3s series S 1983 Pacific Tel A Tel 2%s debentures 106'A 123 Feb-Aug 1974 3s A New 81 Feb-Aug 1987 79% 59'A __ 1986 74% 76 _Mar-Sept _Aprfl-Oct 1988 105% 75% 117 J an-July 69 75% 2%s series P 1981—June-Dec 2%s series Q 1980—June-Dec 3%s series R 1983—June Dec 54 May-Hoy Mer-sepi 94 70% Mar-Sept 3%s series I 1986—June-Dec 3s series J 1970 June-Dec 3s series K 1971 June-Dec 3s series L 1974—June-Dec 3s series &k 1979—June-Dec 3s series N 1977—June-Dec 107 Aprll-Oct 1982 debentures ._Feb-Aug _April-Ocl Jan-July Feb-Aug 1979- 80 Co— 4'As debentures 3s New N first 2%s 55'A Products Naugatuck RR Electric 77'A June-Dee 3%s debs 1974—April-Oct Corp first mtge 3s 1965 April-Oct Supply 2%s debentures 1967 J use-Dee National A 63% *105 Feb-Aug 97 70% _Jan-July 54 _ National Steel New 1948— General 1986 95% 97 Ry- 2%s 1976 752 Louis— B Champlaln 682 N Chattanooga mortgage Lake first mortgage 3s 1874- Consolidated First 95% *96 % 100 -Noa 77'A 19io . Nashville Quar-Feb 1979 121 __ 101'A 101'A ' Tel 100% Telephone— refunding refunding refunding First and refunding First and refunding First and refunding First and refunding First and refunding First and refunding First and refunding _ B 101% 100% 97 Quar-Feb 54 1955__May-Nop rieno A 44% 5)8 Feb-Aug lBSB—Mav-Nov First First 84% Feb-Aug debentures 4'As Series Tel debentures 15 97 1981 100 % — 100 Power Co— Bell Gas First 84'A 97 1980 95% 24 *101% Quar-Jan 3047 First mortgage 3s 1979 Oregon-Washington RR Ss series A 1986 95% 74 1991™ —Msr-Sepl 4s series 3s mtge Certificates 84% 1 Iprd-Oet series I mortgage 5s series of deposit Construction 3%s first Co. H ser first, guaranteed Construction Mountain gold 5s 3'As A 52 79 88 1949—May-Not refund Monongaheia 93 79 83'A Mar-Bept AFirst and Morrell 89% 87 1975-— 91% 97 65% 89% Aprll-Oct refunding 5s series F 1977—Mar-Bept refunding 5s series G 1878—May-Noc §AConvertible gold 5'As series A 18 103% __ 82 and Mohawk — 196»—Feo-Aua A 92% 100% 101% 101 5 103 % 97 92% Pacific Gas A Electric Co— 4 79% and First 1987 debentures Oklahoma 87% 102'A __ 79% 1967 101% 97 106'A __ Co— refunding 5s 4s AFirst A Jen-July 1978 12 101% 102 102% 105% *100% 85% and Quar-Jan 2047 First mortgage 103 77% First States Ohio Edison 4 38 A registered fOgdensburg — 81% 1962 56 O 80 D 59% 52% -- 107 — RR— 1962 52 3 104% 88 A 21 % 102'A 102% 8%s 55 ^Missouri Jan-July Feb-Aug Feb-Aug 1997 4s Northwestern 101% 102% 102% 102% 79% 5s Jan-July Jan-July Mar-Sepl mortgage 3s 1979 mortgage 2%s 1979 (Wisconsin) first mortgage 2%a 1977 First mortgage Js 1979 95% 54% *100 — 101% May-Nov First 96'A 92'A 70 91 *50 46 adjustment IMT First 76 62 ACum A Gas 2%s 2%s mtge registered Northern 102% 69 __ 102% 101% 69 47'A B Electric first mortgage 2%a 197 First mortgage 2%s 1975 80 series % 53 June-Dec (Minnesota) 79% series 1966 Refunding and Improve 4%s ser A 2047—Jan-July Refunding and Improve 6s series C 2047—Jan-July Refunding and improve 6s series D 2047—Jan-July Collateral trust 4%s 1978 Mar-Sept 95 107 107% 3s 104% 46 series 54 53% A Port Chester— .General lien 3s Jan 1 88% 79% 5s 56% 52 mortgage lien 4s 100'A 80% 46 4'As 61 53 Southern Prior 105% May lien River 1980 Jan-July Ry Co— AGeneral mtge 5s convertible lnc 3014—April-Oct Norfolk A Western Ry first gold 4s 1998—April-Oct Northern Central general A ref to 1974 Mar-Sept General and refunding 4%s ser A 1S74—Mar-Sept Northern Pacific Ry— 102% __ May lien 78% 52 % 37 Mohawk Power Corp— Niagara 77% 1991 40-year 4s 74 % Y Norfolk 105% 81 Aprll-Oet —Jane-Dee 53 May-Nov Niagara Falls Power 3%s WW- 123% 31 *119 Marie— lnc 55 38 % 1971 Prior 1973 B Jan-July Refunding mortgage 3%s series E 1978—Feb-Aug Refunding mortgage 3s series F 1991 Jan-July 65% 33% Jan Prior series IA General gold 6s 1940 iATerminal first gold 5s 1943 N Y Telephone 2%s series D 1983 57 42 57 103'A Aprtl-Oet 1967 74% 52% '•-51% May-Nov Corp first S%s 1963 Susquehanna A Western RR— § AFirst refunding 9s 1937 8 ASecond gold 4%s 1937 IN 75 % 218 Mar-Sept 1967 5s -68 52% Feb-Aug Y Lack & West 4s series A 1973 N Y State 71% AGeneral mortgage 4s lnc ser A Jan Missouri Kansas & Texas first 4s 1990 Missouri-Kansas-Texas gold 3%a 1998 1998 8 AFirst guaranteed 4s Refunding and lmpt 4%s series O 1979—Jew-July Michigan Cons Gas first mtge 3%a First collateral registered Y Power A Light 1st mtge 2%s 1971—Mar-Sept N Y A Putnam 1st consol gtd 4s 189S April-Oct 80'A 14 I 3'As registered Shore Co— 1988 Michigan Central— First 84% Jan-July Jan-July Feb-Aug 3%s 1997 1997 mortgage N 85% 50% 55% 63 Feb-Aug Michigan Bell Telephone 70 _ 4s 1954 May-Nov IAN Y Ontario A West ref is Juno 1892—Mar-Sept 97 94 99% 75 — 1972—Kay-Mo» 1960 First 1st 43 Harlem M Maine 74% «- First and refunding mtge 4s ser A 3007—Jan-July AGeneral mtge conr lnc 4%s series A 3032—May 97'A 5 4 __ First Atl Knox & 70 1998 am—us- N Y New Haven A Hartford RR— 94 'A 84 RR— and refund mtge 3%s ser F 2003 Aprfl-Oet First and refund mtge 2%s ser G 2003—April-Oet First and refund mtge 3%s ser H 2003__lpril-Oct St 72 72% a -- —Juno-Doc 1963 Louisville & Nashville 64% General extended to 1979 Lexington & Eastern Ry first 5s 1965 Liggett A Myers Tobacco 5s 1951 Little 59 293 A dcup* N Y Steam 1984 to consolidated mortgage bonds— Series A 4s fixed Interest 2003 May-Nov Series B 4'As fixed Interest 2003 Series C 305 67 % 4'As -- General Series D 4s 61% 64 % series 4s id Michigan Cent collateral gold 3%a 1998—Feb-Aug 3'As registered 1998 Feb-Aug York Chicago A St Louis— Refunding mortgage 3%i series E 1960—June-Dee First mortgage 3s series P 1986 April-Oct N Y Connecting RR 27/sS series B 1876 Aprll-Oci N Y Dock first gold 4s 1951 Feb-Aug NY A Harlem gold' 3%« 2000 May-Nov : Mortgage 4s series A 2043 Jan-July Mortgage 4s series B 2043 Jan-July Ry— 5s extenuea Railway— mortgage 4'As extended Valley RR— Lehigh 59 65% 3'As 101% 181% .r:,, 104 /8 104 /4 Valley First 59% AGeneral 4s 1964 Term 139 Lake 33'A 100 »A __ — — __ 1974 Lehigh Valley Harbor First A ser 65% 57% First 1954 stamped 5s June-Doe 62 High 55% 3'As 103% I AFlrst mortgage Income reg 1975 Lehigh Coal A Navigation Co- 55% RR 55% 114"% N mtge sink fund 3%s series A Lake Shore A Mar-Sept Central Low New Mar-Sept 1968 Jan. 1 No. jab- Any 105% 102% 114% * — L Laclede Gas Light 4%s conv debs Lakefront Dock A RR Terminal— York General 1961 Jan-July 4'As unguaranteed 1961 Jai»-July Kings County Elec Lt A Power 6s 1997—Aprll-Ocf Koppers Co first mortgage 3s 1964 Aprll-Oef Range Sine* Sold N Y Central & Hudson River RR— 14 inoa/ 33 /2 Bonds High Refunding and lmpt 4%a series A 2Q13_AprU-Oct Refunding and lmpt 5s series C 2013—April-Ocl 82'A -- 104/4 104 /8 ISoa? a\,A/* 114/8 Bid A Asked Low 103% 103% -- 104 A First Plain 82 'A 102% -- *100% 102 Week's Range or Friday's Sale Price High oonsuuuaueu Consolidated __ Last Period New York Stock Exchange New Aprll-Oct June-Dec Interest BONDS Jan. 1 K Kanawha A Mich 1st mtge 4s 1990 Kansas City Power A Light 2%s 1976 30 Week's Range Lest Period FOR WEEK 104'% 8 11% 7 4 7 10% 102 % 103 14 102 103% 105 109% 104% 110% *100% 101'% 2,024 99 99 1953—June-Dea *103 105 102% 103 1957—May-Nov Feb-Aug 1963-Feb-Aug *106 107 106% 106% *104 103% 104 *113 111% 113% 111 113% I J 1864_May-Nov *113'2 __ Volume 172 Number 4921 . . The Commercial and Financial Chronicle . (31) -31 NEW YORK BOND RECORD RANGE Friday BONDS Interest New York Slock Exchange Week's Last Period JUNE 30 Week's Range Friday Bonds Bid k Asked Low ENDED Range Friday's or Sale Price FOR WEEK High Bcndtt Friday's 01 Bid & Asked Sale Price Low High 103% Last Period New York Stock Exchange Jan. 1 Low No. Interest BONDS Range Sines Sold Rang*' Since Sol6 Jan. 1 No. High Lou: High 108% Pittsburgh Cine Chicago k St Louis RR— General mortgage 5s series A 1970 June-Dee General April-Oct mortgage 5s series B 1975 105 105 105 General mortgage 8%b series h l»75 April-Oct Coke & Cbem 1st mtge 3%s 1964__May-No® Pittsb 105 IO514 83 83 102 V4 4 2 107% 103'% 10 , Refund debentures 1865 Jan-July April-Oct Pittsburgh Steel 1st mortgage 4y«a 1858 Pittsburgh <fc West Virginia Ry— First mortgage 4 Vis series A 1958 June-Dec First mortgage 4 Vis series B 1959 April-Oct First mortgage 4%s series C 1960 April-Oct Pittsourgh Youngstown k Asntaouia Ry— First general series B 1962 general 5s series C 1874 First general 4%g 102 % 102 34 100% — 103 102% Co Potomac 5Vis Elec income Power 1977 "93 94Vi 93 93 93'2 93% 11 63 93 96 V4 92% 10 96 VA 96% Texas First mortgage mortgage 2%s debentures Jon-July 111% 99% — *104% 105'2 Mar-Sep* *98% 104 *ios and 17 *220 222 109% 3s debentures 106 __ 1041/4 104 Vi 152 Union Oil 221 — >105 225 Union 105% Pacific 105V4 United Gas U 2%» Oats debentures 7964 "101 102 85 86 101% — Gas A Electric Genera] mortgage General 4%s series J977__Mar-Sept 1967__Mar-Sept l967__Mar-Sept 1969___Mar-Sept stamped 1949. -Jan-July *%b stamped 1941 Jan-July General mortgage 3VAs Series J J 5 A Rutland RR 107Vi "6 % ... 106% 106% 106% 8 RR 8 6 Lawrence & Adirond'-k St. 1st Second gold 6s 1996 St St mortgage 4s series A ASecond Si 1 68 Vi consolidated First 10'A 1997 mtge lnc 4%s series A Jan Louis-Southwestern Ry— First 4s bond certificates 1989 Paul St St Union V & Seaboard Seagram (Jos E.) Union 1971_ B 1st gtd Oil 2016 & North Southern 3s Bell Ala debentures RR debentures Southern Indiana Southern Pacific Gold 4 Gold 80] 80 104 106 104% 126% 127% 5s 2 98% 98% 98% 98% 6 53% 68% 102% 33 98 % 1994 104% 107% 7 100% 102 10 103% 105 Jan-July __ 1S77 98% Tlfar-Sept 92 May-Nov _ debentures Pacific RR 1960 100% 98% 92 95% 883 a 90% 98% Wilson 88% 100% 102 SAFirst 1083A 103'A ■ 97 * mortgage series Ry first consol 1986 87 = 85 85' Jan-July 93 gold 5s 1994 1956 113 April-Oct 1956 April-Oct St general 6%s series A Louis Div Southwestern first Bell Spokane Internet 1956 23As debs 1983 first gold Standard Oil of California Standard Oil 4 Vis Oil Corp Co 2%s & 2%s 2%s debentures debentures debentures a 93 96 3 10 111 100 = First Jan-July Jan-July 102% Jan-July 101 >.'4 Public ^4 8 (3% 73 91 n 97 % oO H 50 54 — —- 1®* J®; 91 50 — *101 — *101 -- *105% 105% ... 30o lOo .105% 105% 106 IO/.V2 56 58% 5 24 j8 42 52 o7% 103% 104 2 10%l/4 104/it 41 ^5 __ — 105 106% ^05 106/e 104% 106% 3®^ ?]*■ 56 /4 64 /a *2 60 92 94 < 301 /* 103 ...... 10j 69 99% 102 85 97 A o4 94 301VA 102/c J®*?/? JHv 104/o 106/4 ' 101% 101% 106% 112'% — 107% 1970 1992-—Mar-Sept Mar-Sept Jan-July — * 101% 103Vs 303% 103% 103% __ — — 102% April-Oct Jan-July 1960 6O0 - - — .— . - , — — yi 1®11(J lUJ - - 100% 101 Ve 100% 81 79% 'jl.J 101% '102 /a — Mar-Sept Jan-July 1973 34 1 102% 102% *113% 115% — -- -- 301 /e 104 A 10- /e 103_,Jf» 313 A. 119%. 4 ,, Jan -July 1936_May-No? ^3 >_5(■* 73 <3 1 <9 11 -2 43 43 "99'e 100 43 40 48 4 3.C0/a 40 43 of 2%s 1979 Service 3VAs June-Dec Mar-Sept Jan-July 1971 '6{*. 73V'4 -- Jan-July 1949 denoslt of ^ ... .5% .6 73% 74% 97% 98 91 50 June-Dec Mar-Sept ^ -— 99 — — ,7,7. .77., — — 106 307% 99 — — "305% — Y 108 — 1 100% Electric Light & Power 2%» Yonkers 102 103% not in included 107 30 the included in sale year's range, the 102 % 102% 20 4 99 3 4 101% 101'4 1 101'A 102 103% 103% 5 103% the Bankruptcy 103% 102 V 3 A Bonds (1 These U-..« t selling issues — _ Section n or flat. were . /ill co lnc nrt hrrfVi Plv»Ho The Exchange. the Curb previously listed on ~ „ Dot saie y Ex-coupon. Act, or securities assumed 104% 8 100% included in the year's range, d-Ex-Interest, e Odd-lot sale Under-the-rule sale not Included in the year's range, r Cash bankruptcy, receivership, or reorganized under by such companies. •Friday's bid and asked prices; no sales being transacted during current week. 98 3 s 67 102 V n year's range, tCompanies reported as being in 105 97 % 96% not *— 1976_Jan-July INegotlability impaired by maturity. 60 40 103% delivery Deferred a 101 106% 102% 102'/a May-Nov 104%' 103 1 101 109 *103% 104'4 96% 92 88 4 30 GO 58 304 300 '■96 V* 18 , dlv and term first 4s Du mortgage Wisconsin 106 105% 105% 130% * 7 88% 98 75% 73% 97% ; May 86 02 104 % 103% 13.4% 104 97 Va 103 Vu 103 Vb 52 2014— A Jan 1950 1 S B first 4s general 4s & _ 97% 1973 91 7 10 107% '307% 105 *99 106 56 120% J1 101 Vi 101% April 1966—Feb-Auy 1966 28 104 % 100% 100% 1971—May-Nov 1972 93 91 104 — 2013 2%s debs J) debentures 2%s 23As debentures 1974 Swift 90% 104% 106% Jan-July Jan-July 1985_„Aprll-Ocf May-Nov (N Sunray 91 >4 104 1 92 103 5 23 '88 97% Jan-July deposit Wisconsin Electric Power 2%s 1976 95% 85 7 a 113 % 113 April-Oct gold 5s 1996 gold 4s 1951 Tel debentures 3 VeS A 87: Jan-July and general 6s series A first 87 3 4 35 93 Devel and general 4s series A Dlv 27 89 Jan-July 1961 G Jan-July 1996 July 3%s series C Acertiiicates Co— 27/«s series E 23As series F mortgage 2%s Memphis called Op-tificatec 5ASu ' mortgage First 101% *„. ^Wisconsin Central Ry— 98 3 4 51 "10014 102 99% 105 1952_April-Oct Apr-Oct mortgage 3'As series D 1967 & Co first mortgage 3s 1958 First 103% 92 88 99 106 Vi 117% 120 Vi Co— 1971 debentures convertible Wheeling Steel 1,850 100% 106 income Wheeling & Lake Erie RR 2%s A 83 75 92 4%s debentures Winston-Salem A 1981 First Devel and Pacific 2%s Co— Lines) 967/s 89 "b ■105 '101 101 Jan-July 1966_» guaranteed 2361 series I 3%s Union Telegraph 2.65s 15 — 91 *105 V4, 105% May-No® Jan-July gold 5s 1951 30-year 5s 1960 Westinghouse Electric Corp— 99 Va 100% 100% 78 2 100 *106% Jan-July 1979—May-No? 25-year 124 123% ■ 103% 103 V'2 88% Devel Power Western 103 VA — 104 % 105% 100% 101% First Penn Bonds Apr-Oct San Fran Term 1st mtge 3%s ser A 1975-June-Dec Southern 3s guaranteed 3%s 1974 Electric registered 2361 Maryland first mortgage 4s Gen mtge 4%s-4s series A 1969 99% 29 98 3 4 "7 98V4 98 V 98 % Jan-July 4s 99% 58 "123'4 Aprll-Oct Jan-July Feb-Aup Jan-July Ry 23/4s 1967 3VaS mortgage Western 58 103% 102% 91 C 1973_Aprll-Oet mortgage Penn West Shcre first 4s 86% "1011/2 101% Jan-July 1963 75% 98% IO21/4 *__ May-No? General — 98% 97% 102% -April-Oct 1995 General 267 99 "102% 98 % 105 94% 102 % 26 95 V'2 94% „ West 103% 84 99 May June-Dec gtd 1985 1969 4 %s convertible Southern 120 99% 104 Hi — 103 103% "101% 102% mtge 4s income series A Jan West "126 1941_Feb-Auo 7s 1987 (Oregon '/2s 117% 7 12 104 Hi "103Vi 104 May-Nov 3s 39 118% "104% April-Oct 1979— debentures 2%s 4 y2s 66% Telephone & Telegraph Co— 234s First 55 June-Dec 1971 Socony-Vacuum Oil 2V2S 1976 South 244 June-Dec debentures Corp coll trust debentures 1965 2%s 591/2 1989—May-Noc Jan tSASilesian-Amer Shelly 55 104 Hi 103% 94% E 1975—Mar-Sept Western series A 2y2s 101 Co— 1974 Oil 75 98% 103% 103% 103% 105 Va 102 "5 102Vi 102 1981— April Gen mtge income 4Vis series B Jan 1991 April First mortgage 3Vis series B 1971 Feb-Aug Walworth Co conv debentures 3%s 1976—May-No? Warren RR first ref gtd gold 3%s 2000—Feb-Auy Washington Terminal 2%s series A 1970—Feb-Aug Westchester Ltg 5s stamped gtd 1950 June-Dec 94 3A -Aprll-Oct 4s —' 90 1968_June-Dec 4s 72 ' * 118 110% 102 104% w 130 104 Hi 108 y2 4 109 Vi *100% 102% RR Co— Wabash Gen 92% 118% 101% *103 Vi 104 % r £ 56% May 100 ye series F 1978—Mar-Sept 1958 5s Virginian Ry 3s series B 71 90 '4 May-No® 1989_Jan-July & Sons 2%s 1SG6 debentures Shell 3%s RR mtge 4y2s gold cons England Line series A 5s first Depot New Air AGeneral 3s ref gold Dulutb & Paul Scioto and 65 90% l990___Jan-July Second 4s lnc bond certificates Nov General 2022 3 68 V: >101 Jan-July O 103% "71 Louis Rocky Mt & P 5s Louis-San Francisco Ry Co— 1st 104 H *— 96 % 109 J/2 109% series B 1957_r—^_May-Nov ■ Mar-Sept gold 5s 1996_.Jan-July April-Oct stamped 1955_Jan-July Q1 Q9 100% 100 % gtd 4s series A 1955—Feb-Aug consol sinking fund Virginia & Southwest first gtd 5s 2003 8% S 1971 "95% 1967 First lien and ref mtge 3V4s ser Saguenay Power Ss series A 32% convertible debentures 1963 April-Oct and refund mtge 2%s ser G 1979—June-Dee 3 Vis 107% 7 8 8 69Vi 21% Electric & Power Co— Virginia First 4s 52 691 1976 debentures First and refund mtge 3s >105 'i General 431 29 V2 May-No? April-Oct Pictures 3%s debentures 1958—Mar-Sept Consol 95% 105% '120Vb — 103% 67% Jan-July 1970 2%s Corp First and refund mtge 2%s ser D 33As series H mortgage 3%s series I tL Rut-Canadian 85 % 104 Va Corp— mortgage 302% Feb-Aug 1976 debentures Vandalla 37 *104 Vi 105 106 13 102% R 85 101% RR— Rubber 2%s Universal Reading Co first St ret 3y«s series D 1995__Map-Nov Reynolds (R J) Tobacco Ss debs 1973 April-Ocl Rochester S 2%s Jan-July 19 25% 100% Refunding mortgage 2%s series O 1991_Afar-8ept United Biscuit Co of America 2%s 1966—April-Oct Q Quaker 132 "Va 63Vi 1968 debentures 2Vis 106 % 303% 2 128% 27 V4 coll trust 2%s 1975—April-Oct May-No? of California 2%s debs 1970—June-Dee 105 % 151 % *153 97y4 10 U 103% 107% 101 70 65% First mortgage and 106 104 "2 101% 98 % 102 % 102 % 3%8 1971—May-Nov Union Electric Co of Missouri 104 97% 101V2 103 Ry first refunding 4s 100 Co— 1863 106% 98% 63 105 100 r- 99% 108'/« 105 — 105 105 132% 132% 97% 1960 Jan-July AAdjustment income 5s Jan 1960 Aprll-Oct Tol & Ohio Cent ref and lmpt 3%s 1960—June-Dec Tri-Continental Corp 27/«s debs 1961 Ifcr-Sept 101 108 % — 128 103% 87 106 98% 98 V'2 June-Dec 1974 3%s Orleans New of JThird Ave 105 Pacific— Pacific-Missouri RR 119% — *103% 104 105 V4 1970_April-Oct 3%s series C 1990_ApriI-Oct gold 5s 2000 June-Deo M 3%s ser E 1985-Jan-July May-Nov 1856 May-Woe refunding mortgage 3 Vis 1968-Jan-July First and refunding mortgage 5s 2037__Jan-JuIy First and refunding mortgage 8s 2037__June-Dec First and refunding mortgage 3s 1972__Map-Nov First and refunding mortgage 27As l?79_June-Dec First 101 101 *108'* Jan-July 1884 4s 108 -- M first refund and General Texas Term Feb-Aug 1883 Sb Terminal Public Service Electric & Gas 3s 19R4 3%s 1977 refund Pacific & *126% Jan-July April-Oct May-Nov 3 Vis series B refund M and First 93 June-Dec debentures 1st mtge First Providence D series and First series C 2019 series D 1985 1965 Orleans RR— Texas & New June-Dec Pittston 5s 102% — Feb-Aug First and irapt 27/es Texas Corp 3s debentures *102% * and lmpt M 4s Refund 102% Piusnurgh Consolidation Coai— 3%s Louis— Terminal RR Assn of St 89 82% 100 — shown 3950 year's range DCrfiC NEW YORK CURB EXCHANGE WEEKLY RECORD YEARLY ANO following extended list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning ending the current Friday, June 30. It is compiled from the reports of the Curb Exchange itself, and is intended to include every In the and stock or bond, in which any dealings have occurred during the current RANGE Friday New York Curb Week's Range Per Vending ABC Corp ACF-Bnll Motors Acme 8% 81 1 'A warrants 9% i% 1 3% 3%. 10 24 % 24 % 4 l Supply Manufacturing Agnew Surpass Shoe Stores. 1 • 1% Ainsworth 5 32't Manufacturing common Associates lnc (N J) 3 t— For footnotes see page 35. ENDED JUNE SO Week's Sales STOCKS Last Range for Week New York Curb Exchange Sale Price of Prices Shares Friday 1% Shares Range Since January 1 Low High Co common Hat Stores lnc Aero Air of Prices Low Aluminum Alloys Acme Wire Adam l WEEK for Week Sale Price Exchange year. FOR Sales Last STOCKS 4 2'A Low High 6,300 8 Vi Jun 11 May Air-Way Electric Appliance. 10% 400 1 Va Jan 2 Ma} Alabama Great Southern 35% Jan 2,100 3 50 21 Jan 100 4 May 3.600 1% Jan 4% Apr 24% May 5% 3'A Jan Apr Alabama Alles 73; 13% 4,100 8% 200 10% 7% Apr Jan 34% May S Vi May Power 4.20% Airlines Alaska & Products (Mich) common.. Altes Brewing Co Altofer 4'A 87 90 200 85% Bros common High Low 5.300 10% 102 Va 103 preferred- lnc 9% Range Since January 1 High 4,209 4 4% 4 Va 4% 100 16 16% 650 5 5% 2.100 6 6 Jan 32 80 Jan 92% May 99Va Jan 7% 4 Jan 3 Apr 03 % Jun 5Ve Mar " 5% Fisher common- Allied International Investing Corp. Allied 11 Saturday, June-24 security, whether • 200 Apr 3% Jan 16 Jun 5 Jun 5% Mar 6% Jun 4% Jun -187/e Feb 6Ve Jan 7% Jun i Financial Chronicle The Commercial and . Monday, July 3, 1950 . . (32) FOR RANGE Week's Range preferred Manufacturing— cumulative $3.75 Aluminum Goods Industries Aluminum Amer Filter Air of Pricea Sale Price 99»A 100 850 24 100 24 7% 14% % 1 200 13% Jan 9,500 i*« 18 Mar American Book Co .100 81% 1 8% 9'/a -10c 1% 2 American General Corp common.. American Machine Manufacturing Co corn- American Maracaibo Co common Co Meter 5% preferred Apr 37% Jun 41% Mar 14% Jun Jan 15% 2,800 14% Apr 4 % 26,800 3% Feb 4% May 18,100 13% Jan 20% May 27 700 25% Jun 30 % May Jan 37 % Mar 27% 400 26 Apr 31 Jan 18 % Feb Feb Oil Gas pfd 133 Mar 700 4% Jan 5 Apr 1,200 6% Jan 7 % Apr 67/« 5% 5% 12% 11% 9% 11% 550 Jun 27/a Feb 14% Apr 3% Mar America 7% Apr Colon Development 113% Jun 5,400 3% Jan 6% May 10% 9,600 9% Jun 12% Jan 9% 107/a 44,200 9% Jun 12 % Jan 10% 2,100 10% Feb 11 Jan Jun 116 '/a Mar 13% 14 700 13% Jun 14% Jun 36 100 36 Jun 37 "7% 7% 8% 1,800 7% Jun 11% 10 9% 11% 2,700 9% Jan 13 % May 6 6% 600 6 Jun Jan » % % it class A Tel Atlantic Coast Fisheries Atlantic Coast Line Co 2% 2% 1 4% 4% 14% 1 Inc preferred 14% 2% Apr 50 5 28,800 15% Jan 44 3% 52 Jan Jun Jun 14 1,200 5 6% Feb Jun 4% 4,100 17% Jan Apr 6% Feb 5% 8 8 Jan 8% Jan 5% 6 % 2,800 5% Jun 9 Jan 15% 15% 200 15% Jun 22 Jan 5% 5 25 Ayrshire Collieries Corp common 3,400 Jun 70 5 5 • ; Jan Jan 8 1 Machine & Sons common 41'A 49 48 50 warrants Atlas Plywood Corp Automatic Steel Products 2% May 13 % Mar 1,100 475 61 58 • 7 10% 10% 3 600 — 10% 700 11 J Feb 13% Feb 13 16 16 850 7'A 7 & 1% Wilcox Co • 53 'A 52% 4,100 57 Apr 62 Jun preferred Banco de los Barium Co 13% 32% 300 9% 3,100 Jun 38% Jan Jan 13% Jun Tr Lt 4% Jan <fc Ltd Pwr • Corp Refractories (L) 5% Mar 1 Inc 3% 4% 4% 7% 7% 1 12% 12% 5% 5% 400 11% 7% Jan 6% Mar 50 1 1 & Co common 3% 22,400 5,900 12% Jun 5~% 8% 17% Apr Beck (AS) Shoe Bellanca Bell common Corp Aircraft Benrus Watch Benson & Co Inc Hedges Bickford's Inc 12% 2% 1,400 35% 200 2 7% 1 • common common 15% 1 Blrdsboro Steel Fdry & Mach Co com.* 10 Blauner's 10 Blue common Ridge Corp Blumenthal (S) Bohack (H C) 3 1 common & Co 7% 7% 15% 400 3% Feb 4% 30 35% Jun 38% Jan 5% 14,500 3% Jan 5% Jun 6 V2 6% 6% 500 6% Jun 9'A 9% 300 8% Jan - Apr 66 17% Jan 22% May 6% 7>A 1.400 6% Jun 10 €% 6% 7 1.400 6% Jun % % 1 7 Ve -1 , % 5,800 7% 8 Ve 115 76% 80,100 65% Feb 80 16 17% 2,400 x15 % Feb 18'A 12% Jan 15 17% ..4 18% 4% 9,700 4'A 5 Ve 70,900 4% - 6% 7% 26% 5'A x5% receipts dep (ord ■ " 3% Jun 7% Mar % Mar 4 9% Jan 67 May Jun Brazilian Traction 18% Corp common British Oil American Jun 5% Jan Jan 20% Apr 7% 2,700 100 Jan 8% Apr 25% Feb 17 22% Mar 5 * 20 Jan 32 Feb 34% Jun • 26 % 24 21% 3,200 Apr 28% Jun dep rets ord bearer £1 8 Amer dep £1 7% Mar rets Celanese Amer ord reg Ltd— Columbia Class A • Jan B • Brown Forman Distillers— 4% cumulative 6% 6'A 7% 3,800 6% Jan 8 May 13% 13% 15% 1,800 13% Jun 18 May 1 9'A 9 'A 700 9% Jan 11 Feb 12% 12% 6.400 12% Jan 14% Feb 4% Jan 5% Jun 82 3 13% 82 3 10 84 1.300 1 3 2,500 1% __ 2 1.800 14 % 16'A 35% 15 36 200 Bruce (E Bruck Mills Buckeye Bunker Burd L) Co Ltd Pipe Hill 1 common 1 A u common class 2.50 B • Line Sullivan & 2.50 11% 11 Apr Apr Internat'l "A" partlc Crown Cork Drug 10% 10'A Apr % Jan 11% Jan 8% 9% 1,900 8% Jun 7 Ve 6,000 6% Jan Atlantic Sugar 500 16% Jun 10% 39,800 5% Jan xl3 Jun 1,035 34% Jan x64 % Jun 56 48 Ve 3% 3 % 200 35 % 38% 32,000 1% 5,200 Ring Co Corp Amer dep rets Burry Biscuit Corp Apr 38% Jun 1 Jan 1% Apr 1,400 2% Mar 3 Ve Feb 1,500 5% 8% 9% Products 8% American California Electric Camden Fire Canada Bread 13% 2,000 5% 1,800 5% Jan 11% 6,600 8% Jun 12% 15% 11% 16 Jun Jun 14% Feb 6 Mar 13% May 19% Maf 6% Feb Jun 1,300 11% Jan Co Canners Mar 13% 400 6% Jun A 16,800 % Jun % Convertible 3% 6,300 3% Jan 5% Apr 4 7% & Carnation Carolina 3% 2,900 3% Jun 1% Mar "3% 4 900 5 Apr Co 9% Mar 100 22% 8'A 32% common Inc 5 .2.50 33% 200 % 21 3 19 7'A 3 % — 3 76% _3% 22 28,800 600 7% 400 3 % 600 82 Jan 24 Apr Mar 30% May 33% Jun Apr 16 Apr Biscuit Co 2% 17 7% 3 Ve 2% _3% 150% Mar 4% Apr Jan 25 May Jun 9 Jan 2% Mar 14,600 Ltd- Distillers Co Amer dep rets B ord naee 9% 9 350 Jun 13 Jun 6 100 6 12% 11% 500 9 6 % 4 r>r Jun 15% Feb 5% Mar 11% Mar 36% Jan 6% Apr 7% Jun _____10c 35 50c 5 1% Apr 2% Jan 28% 28% 20 x25% Jan 6% 6% 800 6% Jun 11% 12% 1,900 » 11% 1 142 142 100 1 1 1% 22% 30 10% Jan Feb 135 2 22% x25% Dominion Bridge Co i^td Steel & Coal class B— Dominion Tar & Chemical Co Ltd Dominion Textile Co Ltd common 4% Jun 2% Apr 2,200 22 Ve Jun 26% Jun Jan • 25 200 1% Apr 3,000 11% Jun 4% 17.000 3% Jan 16'A 700 dep rets ord reg Duraloy (The) Co Durham Hosiery Duro Test class B common Corp common Duval Sulphur & Potash Co 80 Jan Jan 40 % Jun 15% Jun 18% Jan 24% Feb 10 Ve Feb Jan 93 % Jun 30 Apr 600 87 69 27 28'A 150 24% Mar 94% 98% 325 85 Jan 98% Jun 5% 94% £l Feb 6% Apr 3 700 3% 3% 800 13% 13% 14% 1,600 2% 1.800 * 2% Feb 3% Apr 12% 2% 3% 1 1 • Apr 5 % May 9% Mar • • American 2 14 Ve 20 % May 15% 15% • • 12:/2 May 37 10 Harris Co 1% 13% % 4 Jan 11% Jan 11% 12% 146 Jan 1% 1% 1 Apr Jan 14% Mar 9% 11 1 class A 8% 100 1 ord reg 4s 30 4.000 11% 11% 1% 10 Co common. Domestic Finance Corp Driver 34 Ltd— American dep rets Dobeckmun Eastern Gas & Fuel common Assn common prior preferred States 2 2% Jun 14% Jan 3% Jun 5% Apr 13 Mar 2 Jun 17 Jan 25 84% I 10 73% Mar 58% Jun 75 58% 63% 25 25 10 30 Va Feb Jan 4 Jan 76 May 150 Apr 60% May 69 % May 1,100 71 «/2 50 68 18 19'A 75 70 700 18 Jun 23 Feb 76 'A 200 75 Jun 81 Mar 9% 11% 6.500 8% Jan 13% —5 17% 16% 19 Va 144.400 16% Jun 23 Yi Mar 10 % 10% 12 Va 1,200 10% Jun 19 V* 106% 106% 70 103% Feb 7'/a 1,700 5% Jan 75 Electrographlc Corp common Empire District Electric 5* pfd .—1 Equity Corp common. $3 convertible preferred— ,10c 1 % —1 40% Esquire Inc ...1 4% Eureka —1 % Line common May 2% 10% —1 Empire MUlwork Corp Emsco Derrick & Equipment Corp Ltd. 25 Jun 66 .—1 Eureka Pipe 1,100 2% 71% shares of beneficial int.. -.1 114% 100 6% 6% 14% 1!A ■—5 ..10 1 4% % 41 40% „ 300 15 , 4% May Jun 19% Mar 1% Mar 66,700 I'A Jun 350 40% Jun x45 Jan 4V2 May 6 Jan 600 A 25 Apr Jan Feb 13 Jun 16% 29% Mar 13 13 23% 13 8 Ve Feb 12 6,000 % 108 Apr Apr 25% 2,400 22% Jan 6% 50,800 4% Jan 13% 13,200 lOVe Jan Jan 2% May 3% Jan 1 % Mar Camera & Fairchlld 35 Jun Jun Jun Apr £1 2s 6d 10 62 25 Corp. of beneficial lnt Easy Washing Machine class B Jun 100 500 2% $5 pfd shares Jan 10 66 58% preferred series A. $6 preferred series B. Eastern Sugar Associates— Common 3% 10 62 10 100 100 preferred Eastern * 10 wl Falrcblld rets A ord Jun 3% Mar Jan 63 112% .—1 Jan 1% Mar 650 Light $5 pfd— Amer dep For footnotes Jun 150% Mar _3 1 common & Apr 5% Mar 7% 7% 16 Co Power 2% 5,400 23,100 23 Jun 7% 7'A 23 3% 5U Mar 6 100 Carr-Consolidated Carreras 3'A Ltd— Products 22% Jan 9 common 1 Jan 300 Electric Bond & Share common Marconi 18% 500 Raynolds class B & Devoe 6% — — Carey Baxter & Kennedy Carman 3% common preferred Canadian Apr 16,300 7% Eastern Malleable Iron preferred Capital City Apr 22 % 20% Jan 3% —20 Canadian Industries Jan 69 16% May 3,800 7'A % Ltd Ltd 3% Jan 13% May 7% Insurance 3'A 50 % 61 Dunlop Rubber Co Ltd— 6% Power preference Canadian —£1 Ltd— Jun 2% Jan Mar 2% Manufacturing Jun 6V4 1 Canada Cement Co Ltd 6 V2 % preferred Estate Edmonton Corp 2 Jun 8% May 12 20 61 $7 dep rets 5% Sugar Calgary & Jun 7% Detroit Gray Iron Foundry— Detroit Steel Products 4% 14% 1 common—50o 100 Apr 10 2% debenture Detroit Gasket <fe Jan Wireless— Calamba Inc Mines 2% C Electric 1,000 5% Jan 1 Davidson-Brothers Inc common 4%% Cables & 2 % 2% 2% 500 2% 2 2% 3% May D New Cable 11 2% Mar 30% 2.50 2,200 n% Burma 12 %o 5% 10% 2.50 5 Inc common Co (Mo) 4 Ve 5% 14% 1 21% Curtis Manulacturlng Duke Power Co 800 Feb 16% 9'A 52 • common Apr 17 7% 17% Mar 16% 10% 25c * 10 5 Co common Crystal Oil Refining common $6 preferred — Jun 16 Apr Jan Jan W Jun 5,400 2% % Piston Jun May 7% 6% 27% "" • Apr 36% Jan 30 7% 6 (Md) Jan 8% — 3 20 6% 7 3% May Mar 1 1,500 5 • Crown Cent Petroleum 23% 11% 10% 2% Mar 13% Jan 100 8 8 1 i 200 5% 12% 78% Mar Jun 91 100 8 8 r, 8,400 2% 3% 3% junior preferred—10 Brown Rubber Co Jan 1 % Mar 200 2 59'A May 10 7% 25% 1% — - Apr Jun 7 25% 10s class Power Feb 5% 4% 39% 2% Draper Corp dep rets oid reg British 6% 875 7% Dominion Co Tobacco— Amer British 23% Mar 4% 16% 20% 6% 7% • i Jan 700 11,000 * common Class A British-American 19 47/a 19% 23% Mar 1 Co 6'A 5% „ Feb Jan 4% Jan 1,200 56 2% Dayton Rubber Co class A Dejay Stores common Dennlson Mfg class A common 85 Manufacturing Co Apr 4% 4'A 53 53% 6 Day Jan Brillo Jan 15 300 Crosley Motors Inc Crowley Milner Ac Co Jan Mar Bridgeport Gas Light Jan 8 3,000 1 % Apr 51 Breeze 8% Mar 31 5% 5»A 36% 13% 78 230 Jan Apr Jun 25 5% 1 10% 350 19 % Apr 4% 5 Feb 1,800 4% Apr 7'A 5% 4% reg)__£l — Jun 7% 10 64 18 6 Ve Ltd— Jan 83 19 6% 300 Jun 18% Jan 1% 700 Jun May Jan 2% 600 25% - .20 • convertible preferred 16% 57 • 15% Mar 600 3% 4% - Feb 80% Light <fc Power May 68 Apr 61 • Apr 1% May Feb 80% Co common Feb 8% 16% 1 Cuban Tobacco common prior cumulative preferred_100 Borne, Scrymser Co 23 Bourjois Inc 1 5%% W Apr 71 1 -—50 Jan 15 600 Jun 9% Mar 60% Mar Apr Jan 34,300 Jun 125 Jun 7 625 Apr 12% 1 common Curtis Lighting 2% 52 250 Jan 7% 10 625 • Feb 36% 500 4'/a 12% Jun 4'A 35% 4% 1,400 ... Jun May % Mar 1 1,500 10 10% 3% 3% • common 9% 10 Jun 6 33% Mar 240 7 % 99 91 93 11% 1,300 1% 34% 11% 1 1 common Telephone of Canada common—25 5% May Apr 11 Davenport Hosiery Mills Beau-Brummel Ties 8% 1 Reynolds common $1 preferred class A Cuban Feb Feb 20% — Inc Crown shares Steel Baumann 12% 1 common 32% Andes— American Barcelona 32% 30 Rubber Feb Jun 7 4'A 1 Corroon & Creole Petroleum Locomotive— Baldwin Basic 54% Mar 21% 21% 66 —25 1956 American Baldwin 173 12% 200 Croft Brewing Co Babcock Jun Jan 14% 35% :: Public Courtaulds B Feb 141 225 12 'A 22 10 • Consolidated Mining & Smelting Ltd—5 Consolidated Royalty Oil -0 Continental Car-Na-Var Corp 1 Continental Foundry & Machine Co—1 Cook Paint & Varnish • Corby (H) )DistilIery Ltd— Class A voting * Class B non-voting * Cornucopia Gold Mines 5c 5% 1,240 14'A Jun 20% 1 Petroleum Jan 12% 3,300 13 % Mar Consolidated Gas Utilities Consolidated Liquidating Corp Cosden 16 162 141 . — Service Compo Shoe Machinery— Coro Jun 10% 981/2 M»v 641/2 Hotel Inc Vtc ext to 86'A Jan 10% Jun 6 14 „1 Manufacturing Co Commodore Community Jan 8% May 64% Colonial 8and & Stone Co Colt's 81% 900 12'A 13 'A 4 Colonial Airlines 5% 130 x9% 10 — common—1 ordinary., Plow Co Cockshutt Jan Jan Jau ...5 Aluminum Products Co 6% 36 • 10 .wl 109% 7'/4 0% Inc common.!. 390 Jan 94 -1 300 Jan 4% 86 83 % 8% 1 Manufacturing Co Neon 26'A 4,700 5% .10 & Suburban Homes Clark Controller Co Jun Jun „5 City Club — 5% 22 750 Jun 6'A 5% .10 common Clayton & Lambert Manulacturlng. Clinchfleld Coal Corp common 1 of Service Cities City Auto Stamping, Claude Jan £1 reg— Cherry-Burrell common — Chesebrough Manufacturing com—_ Chicago Rivet <fc MachineChicago & Southern Air Lines Voting trust certificates—— Chief Consolidated Mining 7% Industries— rets . Jan 3% Mar 100 1,400 24 4% 83 .2.50 America— of common 6% May 9% 13% Co Carp 1,500 . (B F) May 111 2.50 Corp Automatic Voting Jun 5% 1,900 10% 9% Chamberlln — 5 22 4% 10 — Aircraft Co common., Cessna Charis 6% 4% 50 Laundries Corp Feb l« preference Convertible 3 % 6% 111 5% — 5% 4% High Low High 5% 22% 1 America Central Maine Power Co— .100 3.50% preferred Central Ohio Steel Products.— 100 Central Power & Light 4% pfd .100 {Central States Elec 6% preferred .106 7% preferred — —.100 Conv preferred opt div Beries— Conv pfd opt div series 1929— .106 10 Century Electric Co common —-!t Century Investors Inc «.— — 112% 3 % 6 % 111% -.16 & Co (A M) Clarostat 6 ♦ pfd Equipment Corp Associated Tel & 2,500 • conv Associated Jan 6% • Armstrong Rubber Co class A dep Jun 116% 6% 10 Electric Jan % 860 7% % 5 1 •" common Power & Light $7 American 8% May 35/a 28,100 125 6% 4% 100 pfd preferred Associated 37% May 5 1 Common class A non-voting Aspinook (The) 31 Feb 119 £1 1 reg Appalachian Elec Pwr 4%% Arkansas Jan 27% Ltd— Argus Inc Natural 26 1 Angostura-Wupperman Apex-Elec Manufacturing Co Arkansas 3,500 7,500 2 Co dep rets ord 27 % 32 % % Low 5 "2 — 21% 6% 5 Inc common Co Anglo-Iranian 6% 33% 28 29% .10c Products Post Angerman Avery 225 Jan 26 —2 Writing Paper common- Atlas Jan 34 % "Ho American Aro 2% Apr 25% • Thread 4% % 9% Mar Jun Jan 25% -10 preferred American 6% Jun 1% 26 series Amer 8% 4 27 Republics American Seal-Kap common Amer Superpower Corp common— Anchor 1,900 pfd _—25 American $6 Apr 18% 17% X20 B Class 85 15 class A Potash & Chem American Jan 10% 4% ... Co. 6% Natural Gas 12 Mar 1% 550 ♦ Products Metal American Mar 15 1,350 18% Casco Jan 8% 13% 1 Shares — Catalln Corp of 20% 2 for Week (J W) Co common Products common Castle 39 -25 Carter Jan 26 11% 20% „20 Laundry 101% Mar 20% „25 Co Hard American Feb 1 convertible preferred American American American 76% Jun 27,400 37 % 35 1 $2 convertible preferred Rubber 60 82 Lignv— B_. 61 % Jan 1,200 .—1 $2.50 Mar % Beverage common Cities Power <si 6 450 l'/a American Class May 14% 1% American Jan % —IB pfd conv Jan 96% 6% Range oi Prices Par High Low 51% 14,200 93'/2 common 5% 59% 54% Sales Week's Last Sale Price Exchange New York Curb Range Since January 1 Shares High Low 24 {American Bantam Car Co class A 30 STOCKS 58% —100 JUNE for Week Par Aluminum Co of America common ENDED Sales Last Exchange New York Curb WEEK Friday Friday STOCKS EXCHANGE CURB YORK NEW Engine & Airplane Metallurgical.. Fan steel Instrument 6% 12% 6 11% 7% May 16% Apr Number 4921 Volume 172 . . . The Commercial and Financial Chronicle (33) YORK NEW CURB BANGE FOB Week's Friday STOCKS New York Curb Exchange First Ford (M A Class B voting Ford Motor of 12,800 30% ,12o 3u Jun 33% 9 9% 600 9 Jun 11 . 3% 3% '2% Apr 3% Apr 34% 37% 22,600 35 39 3% Feb 37 5% Jan Jan — 38% 39 Franklin Simon & Co Inc common preferred convertible (Geo 22% Jan i9u Feb 1,900 4 Jan 1* 13% 8'% 8% 1.OU0 8% Jun 11% Jan 8% 8% 400 7% Jan 8% Jun 29% Feb 34 Mar 10 Jan 14 May 33 34 350 10% % 10 12 3,400 Brown Stores Co 3% 3% 3% 2,000 3'/a Jun 1 (N J) 10% 10 % 11% Is,500 b-/4 Jan 2% 2% .,200 2% Apr Apr 1 common — * 2j/4 • 17% Kalser-Frazer 1 Preference , 5% Jan 12% May 3% Jan Feb Jan^ 3% Jan 22 % May K U Jan 12% % High Jun 450 22,900 8% 5 Co A) Jefferson Lake Sulphur Julian & Kokenge Co 12 V2 1 1-25 1 50 Low 1 Jeanette Glass Co common Jun % 9 1 6 10 21 Range Since Januarv 1 High J Jun May Week Shares I Jim 1,900 France— deposit receipts bearer Pitt Brewing Co (Peter) Brewing 4%% Jan 76 3% 3% American Fuller Jun 30 • 9 % • • non-voting Fox 61 Low Par of Canada— Motor Class Fort 410 New York Curb Exchange Sales foi "Range of Prices Bale Price High Ltd— deposit rets ord reg——£1 American Ford -i'- Co Inc (new)—, H) Co Motor preferred—1 1 cumulative dividend $2 Fishman Bange Since January 1 Low 63 Week's Last STOCKS High 2% 3 % 10c York Corp common Shares 61 61 10 (Phila) Fixe Association 80 for Week Low Par JUNE Friday Bange Sale Price EXCHANGE ENDED Sales of Prices „Last , WEEK Gas Kansas Corp Electric & Co Kidde & Co (Walter) Jan 109% Jun 112 Jun io•J/4 jan 21 Mar 4 jO 11% Jan 13% May 9% Jun 12% Jan 13 Jan 625 460 12 11% 12 7% 4% 50 300 9% 9% —* 5 common 225,200 1J 12% 0 Kennedy's Inc 7% 18 16% • Kawneer Co Key 6 % 103% 10 J % 100 pfd 4%% 6% 10 % Mar Jun Kimberly-Clark Corp— G 4% % • 15% 15% 15% 100 Gellman Mfg Co common 1 General Alloys Co —* General Builders Supply Corp com—1 5 % convertible preferred 25 90% 89% 90% Power Gatlneau 5% Co common preferred 6% 7 Jan Kings County Lighting common. 4% cumulative preferred Feb King Seeley Corp -1 Jan 7% Jun Kingston Products -1 2% Apr Kirby Petroleum Jan Jun 4% 1% 1% 4u0 1 % Mar 3% 3% 3% 3,000 3 % Mar 22% 22% 23% 375 • 22% Jun 4% May 23% Mar General Electric Co Ltd— Amer dep preferred series A Fireproofing common.., General Outdoor Adv 6% pfd Giant Yellowknife Inc 4% Feb 109 100 111% Jun 116% May 111 % 113 107% Feb 3% 6,300 3 Mar 6 % 6% 7 5,500 5% Mar 13% — Oil 14% 17 700 109% May 4% .8 May 22% Apr 15 Jan 13 Jan Jun Jun Chemical 4,500 12% Apr 17% 12 >/4 800 10% Jun 13% May 17% 18 13% 19 11 Jan 20% May 3% 3% 4,300 3% 6,300 43 43% 100 28 28 Jan 1% Jan 4% Apr ~~% 45 Jan Mar 30 May 74 % Jan 25 Jan 80 Mar 41% 50 % 9,600 Jun 45 5 5 100 25 25 27 700 10 10 * 100 10% $y4 V« Jan <47% Mar 1,400 Apr 6 Jan .25 Jun 33 May 1,500 7>/4 9% 9% 12% 7% Feb 9 Jan 16% Mar -6% Jan Apr 9% Jun < 12% Jan " 126 % 126'% 137 % 133 132 40 25 23% 25 60 23% * 1% May 44% Jun 9 19% 6,700 11% Jan 1,000 13 Jun 400 8% Jun 12% 13% 550 10% 10% 11 % 1.4U0 1 Jan 10% 4un 14% Mar 8% 9% 1,500 7% Jan 11% 11% l,2u0 11% Jun 900 1% Jun Jun Apparel Inc L'Alglon Mines Ltd Lake Shore Hammermill Hartford 1—5 Hathaway Bakeries Inc Hazeltine Corp Class Corp of Delaware Monotype Machine Salle Extension University. 12% 6% 3,500 6 Mar 8% Jan 7% 1,700 6% Jan 8% Jun 17"% 1,100 Jun 22% Jan 17 5% Mar 7 17% Jun 5 4% Higbie Mfg Co common convertible 5% Hoe Jan common. 12'/a Feb 14% May 2,800 10% Jun 15% 19% 22% 5,700 15% Jan 24 % Apr 10% 11 2,700 10% Jun 12% Jan 29% May 27% May 23% 225 24% 26% 8,900 8% 400 $ 12,900 • 26% Class B 5 10 1 Locke Steel Chain (Texas) Lone Star Gas Co Longines-Wittnauer Watch Co._ Long Island Lighting Co— Common certificates of deposit common w 25% 8 i % % • * 27% Mar Feb 28% May Jun 9% Mar 24 8 7/a 12 Jun Jan .124 124 130 110 110 116 275 32 20,300 2% May 13% 700 12% Mar 13 9% 26% 9% 10% 700 8% 12% 12% 500 12% ?8% Mar Jan 11% Jan 17% 50 11% Jun 12% Jan .1,800 11% Jan 14% Jun 96% Jan 70 Jun 101 50 70 75 160 9% 4% 10 May 102 Mar 77% Jun 1,000 8% Mar 12% May 5% 1,200 3% Jan 6% 6% 100 6% Jan 5% May X7% Mar 49 52 51% 845 5 —— 8 % 8% 8% 9,200 8% Jun 2 % 2% 2% 1,300 2% Apr Jan 35% 550 Jan 37% May 11% 150 • ■' ' & • • Hardart Baking Co & 10% Hardart common 159 • 32% "100 preferred 5 (Harvey) Inc common & Refining • 83 % 10 33% 1,125 — 19% . 20% 800 83 88% 6,800 158 Jan 46 Feb 167 Feb 34 May 32% May 106% 18% 80 Jan 13% 9% May 42% May +t'W' I — 19% ' 159 32% . — . Oil 31 May 9% Jan ' —15 Horn 31%' 32 • 44% Mar 111% Jun Mar 23 Jan Apr 89% May Mar ' Co. Refrigerator $2.25 pfd— Hurd Lock & Manufacturing Hussman _ 1st • 1 convertible preferred 4 400 3% Jun 52 52 — nil Huyler's common 3% 5 — 225 48 va Jan 2% 2% 300 13% 13% 150 Jan Mar 62 13% 12 —5 13% 1,250 Feb 3% Apr 13% Apr 18% 3% __ • Hydro-Electric Securities Hygrade Food Products 4% * Jan 3% Apr Apr Jun 18% Jan 2 12 Mfg 6% % 10% 12% 5.200 14 7% Mar May £1 Ireland Indianapolis Pwr & Light 4% Jun 4% 11% 24,400 ItiVs Mar 1.100 18 V* Mar 11 Va 100 21 22% 21% 21% 3% 22% 11% 11% .900 3% Corp 9 0% 200 8% Jan 103 103% 3oO 98% Jan pfd—100 America _10 • Machinery International Hydro-Electric— Inernational Preferred Cigar .50 $3.50 series Metal International 110 Va 116 111 13'% 13% 73% 73 79 Investors Royalty.. % 10% Iowa Power & Iowa Public Co 4.90% preferred. w • d Fireman Irving Air Chute. Italian Superpower For footnotes 1 Corp com class A page Society com C class 35. A—.1 pfd of America Corp Producers Mountain Tel States Sc Tel Mills Verncn-Woodbury 11% Apr Mfg Co Muskegon Piston Ring common 103% Jun Muskogee Co common Jun 73 Company common 27 % 8% 8 % 700 7% Jan 10% May Xl0% May 10% 12% 2,600 10% Jun 12% May % 200 i« Apr Feb 7% Feb 50 4 1,850 1,000 9 9% May Jun Feb 11% May -fa Jan Mar 9 % May Jan 12 Apr 3% Jan 10'/2 Jan 26 Feb 17% Jan 4 % May 800 20 Jan 23 23 Jan 28% May May 26% 150 2% 3,300 1% Feb 2% Apr 5% 5% 5% 2,200 5% Mar 6% Jan 29% • 10c 10 • 100 8 * 2.50 10 50c Apr 32% 11% Jan Feb 10% 2,600 9 Jun 101% 102% 50 101 Jan 105 Mar 41% 41% 2o0 34 Feb 43 Jun 8 7% 8% 4,500 6% Mar 2% 2% 2% 2,100 2'/a 100% 125 9 100 100 % 97 Jun 9% May 3% Apr Apr 105 Jan 75 irwu, peb 107% Jan .101% 101 % 200 101 % Jun 101 % Jun 3% 1,300 2% Jan 80 176% 104% 105 2% 2% 35 4% 5 15 15 30% 30% 3% May Jan 185 May 50 34% Jan 38 Jan 5% 3,000 4% Jun 15% 2,400 180% 182 182 35 32% IJV2 Mar 1,650 x31 Jun Feb 6% Feb 15% May 35% Mar 105% Jun 90 97 27 25'% 23% 3 jO 24 Jan 30 May 41 40 43% 600 32% Jan 48 Apr 7% 200 7'/a Apr 15 14% 500 12% Feb 16% May Jun 11% May 14% 101 7% 8 9 Va Jan Namm's Inc 104 15 10% 14,100 8 8% Jan common Hess National Bellas National Breweries common common— 1% Jan Feb National Fuel Gas 25% Jun 30% Mar National Mallinson Fabrics—: 20 19% 22 28,500 19% Jun 23Ye Mar National Mfg & Stores common Pressure Cooker common 95 95 220 92% Jan 95 Mar National 14% 1,600 13% Feb 16% Jan National Rubber 6% 800 5% Jan 7% May National Steel % 2,100 Co Radiator 13% H May 1% Jan Machinery Car National Transit Ltd— common * 1 Apr 1.800 3% Apr 5 May 3% 23.400 3% Mar 4 Jan 26% 26% UO 4 10 —* 1 14 32% 35 % Mar Feb 36% Mar 13% May 25% Jun 10% Jan 9 10 400 7% Apr xl2 xl2 100 10 Vb Jan xl2 12% 13% 19,503 12% 8 . 10% May 14 Jan 11% 14% 4,000 8% Jan 15% Jun 7% 8% 1,500 7% Jun 9% Jan 6 % 1 2 Jun 12% -4 % 3% 3% 25 preferred 8,700 2 1 1 * 900 4 % 12% 10 Corp 27,800 % 7 N Nachman 1% — 100 1,500 2 Jun 28% • 1% May 2 84% May Apr 6 9% May Feb 16% May Apr % Apr 1 Jun 117 13% 1 % 6 % 21% 4 100 Ward & Co class A„.—• Moody Investors participation 25% v t c__ — see series preferred 1% 100 _ Manufacturing 21 Jun 7% 25 Monongahela Power Co— 4.40% cumulative preferred 100 4.80% cumulative pfd series B—100 26% ' Iron 12 21 • 1 1 Corp Monogram Pictures common 12% 12% 50c 50 common convertible preferred Mt Service Co— Light com 24 Mar 1,400 24 1 . National • Illinois G & E com wd. 800 24 Mining Corp of Canada * Minnesota Power & Light 5% pfd—100 Missouri Public Service common • 7% 1 _ Iowa 8% 6 preferred—* Piping & Supply common 8 55% Mar Jan 2 Jun Jun 7% May 6% 50c Mid-West Refineries 110% 90 3,700 10 3% May 10 800 2% shares—* * Feb 17 8% 2% _ Jan 10 % May 55% 2% Mountain States Power common Jun — Jan Jan May 7% 8% Feb 7% • 5% 53 8% May 55% 8,800 Apr 5,600 * Apr 10'% Apr % 8 5 9% 13 8% 2,700 100 6 104 % Mar ,9% Mountain 8% 8% .10 Products International Safety Razor B Jan 103 75 8,100 1 Apr 24% • • _ Registered shares International 200 • Industries A— International Petroleum coupon *hs_ 2,350 13% 6 % 9% 27% . 110 8 Murray Ohio -.4 Jan 8 Midwest Plan Jan 4% 8% Co Loan 1% 250 ~9 Oil Muter Insurance Co of North conv common Molybdenum 8,100 9% Jun 1% Abrasive Wohl 2% 6 Jan 31 12 9 Midwest 4%% Apr 6% Mar 1,100 9,400 1% $2 non-cumulative dividend Miller 25 Products— Steel Co Jan 8% 6 55% common Midland Oil Corp $1 Mid-West Feb 8 Middle States Petroleum common Midvale 6% 18% "l% preferred 2% Jan 1.700 13% 110 6% Jan % Mar 38% Mar 3,100 1 2.50 • 10 1 Micromatic Hone Corp Midland 31 2% 2% 16 West 15% Mar 14% 7% 27% 25c 27% Apr 12 7% 1 preferred Michigan Bumper Corp Michigan Steel Tube Michigan Sugar Co common Morris 3% 12% 100 Metal Textile Corp common Montgomery 11% Imperial 22% 22 & Scott Corp— Participating 11% May Jun 28 8 Co A preferred Monroe • Chemical Industries— American dep receipts registered—£1 Imperial Oil (Canada) coupon • Registered , • Imperial Tobacco of Canada 5 Imperial Tobacco of Great Britain & Apr Jun 2% • • • 1 1 Mesabl Iron Co Middle Jan" 24% 6% 6% 10 Mead Johnson & Co 4.50% Illinois Zinc Co common 14% Apr < ,34 % May £1 Massey Harris common McKee (A G) & Co class B McWllliams Dredging Merrltt Chapman Warrants 1 M • 60 29 28 28 —1• Communication Co Ltd Menasco Apr 13 % 101 72 Mar 34"% May 113% Mar 1 Marion Power Shovel 11% Mar 13 131 Jan 110% May M 22% 11% 375 Mar .50 13% 8 10 Mnckintosh-Hemphlll Co Maine Public Service Co Jan Jan Jan 106 Feb 1% 14% Mar 152 110% 111% 28% 29% —2 Jan Mar Jan lkl 1% Lynch Corp Apr -12,300 6% preferred A ctfs of deposit——100 preferred B ctfs of deposit 100 1 Louisiana Power & Light $6 pfd * Apr Jan 22% 300 13% 12 12% Louisiana Land & Exploration. Jun 6% Feb -26% Loblaw Groceterias class A 1% 10 Jan 200 11% 22% common— 9% 16 15% 9% Inc Humble 1,700 1,900 10 (Geo A) & Co Hubbell 1 % 10% Jun 12% —10 G Horn 5% 600 4% Holophane Co common Hormel 1,800 7V4 13% 10% 19% IR G) Inc. Lionel .6% (R) & Co class A Horder's % 4,600 1 .. — preferred Hollinger Consolidated Holly Stores Inc 53% Jan 9% .1 Henry Holt & Co common 19% May Jan 11% ' ' .100 Feb i.% 14% 12% 100 preferred w w preferred w w 14% 47% 7'/a 't l~2 800 500 10% 14% __ common Apr 450 21% ' • 10% Jan 12% 1% 9% • „ • 6V4 Jun 18% 2 Jan 43% 11% Feb 4% Mar 9 Mar Feb Jun 10'/« Le Tourneau New 5 4% 9 17 17% Lefcourt Realty common Corp 15% May 100 2,500 6% __ Lamson Lit Brothers Jun 12 4% 9% 6 ~9% Apr 53% . 17% - 19 % • A Heller Co 5%% 2 ' _25c Helena .Rubinstein common 1% — • Co 17% 50% 1% • _ Dept Stores common Mining 250 17% 1 Hearn 3,000 9% 50 % —25 Light 1 Hecla 5% 9 2 Paper common Electric 5% 9% • Hartford Rayon common Harvard Brewing Co Jan Jan 9 6 Mapes Consolidated Mfg Co Marconi International Marine 5% —9 Bridge Co Ltd Jun 2% 4% Lakey Foundry <& Machine La 300 13% 12 •10% .Feb 112 H Hamilton 9% 16 L • 1 1 Laclede-Christy Company • Lamp Co Jan Apr 8% 2 May lf6 13% 11% 1% 22 Apr 12 *'4 Mar 1 2 Feb Jun 5% 10 1 33%o Co Forge Mangel Stores common Manischewitz (The B) Co Hall Jan Feb 31% Jan 108 Feb 137 Apr 16% Mar • Lime Sc Alabastine 146% Mar 38% Mar 750 4o0 j May 1 2,350 10)% Jun 129 9,300 0 1 108 108 90 1% 9 Grocery Stores Products common—25c Gulf States Utilities $4.40 pfd 100 126% 1,350 40% 40 23% 2 Griesedieck Western Brewery 133 1% 1% 1 Co Paper 2% 8% Feb 10% • 100 2,400 18 May 13% 13% 1 5 Non-voting common stock 7% 1st preferred—5— (The) 3% Apr 42 32 12% Lanston 1 Gray Manufacturing Co Great Atlantic & Pacific Tea— Northern 700 50 Varnish Grand Rapids Lakes 20% 19% :• class A Kropp Corp Jun Jan 6% May Jan ~* Manufacturing Co Gypsum Jan ;2% 3 Manufacturing common 4 Graham-Paige Motors 5% conv pfd—25 Great 4% 4,200 3% Gorham Gt 5,500 3% 100 1 * B Hotels 9% 37 21 Jan 6'/a 3 % 111% 5 $4.50 prior preferred Gold field Consolidated Mines Inc 107% 5% 1 B Gobel (Adolf) Inc common Godchaux Sugars class A Gorham Kreuger Brewing Co 5% • Alden Coal Glenmore Distilleries class Goodman Feb Kobacker Stores Jun 25 Gladding McBean & Co Class 100% Jun 8% 24% May 3% * Co 70 ,104% 105 104 % * common. Union Jun 1 Gold Mines Gilchrist Co Globe 18% • 1 $5 prsferred Gerity-Mich Corp Glen 10 J 2,200 Knott Jan 150 8% i§ • 10 5 Apr 7 107 7/a May 3,900 16 % 17 1 8% 6% May 7% Mar 8% • Power $6 preferred Gilbert (A C) 7,300 7% 18% 20 _5 100 General Phoenix Corp 1 General Plywood Corp common. 50c General Public Service $6 preferred—* (IB) Feb 29 % » 3% 1 Ltd G M Co (D Emil) 8 Apr 23% 8 10 5% General Georgia 7% 7% 1 Finance Corp common General 6% £1 2,8 2o 103% 38% 37 x25% 26 Co common Rubber Co Lake Kirkland Klein Kleinert rets ord reg 8% 7% .50 93% 15 V4 89 % 4,900 7 70 7% 18% 3,200 40 : 107% 107% 100 preferred 6% 900 4% 6.800 6% Jan 17 % 4% 3% Jan 2% Jan 7% 20 4% Jan May Jun 33 The Commercial and Financial Chronicle . Monday, July 3, 1950 . (34) 34 NEW RANGE Week's Last Range i&xchaO/fe Low Neptune Meter common. —. NestLe Le Mur Co common— 5' New 1% Zinc Mexico to Arizona LandPark. Mining Co.— Process Co common York Auction Co common YoA to Honduras Rosario York Merchandise New New New New New 1,00 0 41 9% 574 May 89 900 100 4 3 la Jun Mar 49 5,000 9% 5% Apr 6% Feb 102% May 1% Apr 6% Apr 59 Jan 10% Jun 1% Jan 7ttVa 7 Feb 8 Corp (The) Rowe Royalite Oil Co Ltd Fifth Ave common. Russeks 50 24 Jun 31 Feb Jun 13 Jan 100 9 74 163'4 12"4 9% 4.400 2'/a Apr «t _ Jan 12 Apr ItV Jan Ma 43 y4 Jan 2J/» Jun 3% Mar 10% Mar 14 M4 May 21 '2 1,800 84 J 4 ' Jan Jan 48 3% 93% r 100 < 374 9% 6% 9,il8 Apr Jan 10Ma Jun 18 Feb 4 Ma % Power Ohio % $5.50 Omar B_. Filters class United Radio (R 25% 5,700 23% Jun 18% 12,600 lu-2 Jan 19% Jun 6,700 237a Jan 397 a Jun Mar 1% Jan 1 800 1 1 500 1 % Feb 2% Jun 6,900 2% jan 3% Apr 1% 1% 7,900 1% Jun 15 7i 177'4 1,000 137a Jaa 2 1% 1% 2 500 1Mb 17 400 15% 1 1 M» 13 13 7's 250 3% 41,500 2% 9,900 22 % Jan 2% 24 % 28 89 6,600 89 1 100 1 67'b —1 17i Leather Jun 41% Jan 111% Feb lVi Mar 45% Jun Bhattuck Bherwin-Willlams 3,500 28% Jun 37 Ma Jan 9% 10% 350 S% Jun 13% Jan 9% 11 % 3,200 9% Jun 11MB Jun Bhevwin-Williams 25 16% Apr 18 Ma Jun Shoe Corp of Pick's 23% mi Oversea*. Securities 18 Mi 700 16% Jan 20 Vs Apr 11 -- 18 16% 17%. O'oklep Copper Co Ltd Amer shares 31 18 i inc Co 12% 300 9% Jan 13 Mi Jun preferred redeemable 5% redeemable 1st pfd series A 1st preferred red 1st preferred Lighting $4.50 preferred $4.40 div cum pfd, Pacific Power to Light 5% pfd Pacific Pacific Service Public $1.30 1st — Pancoastal Oil Panatapec Oil • Plymouth Co Jan 37% May ->a"l jan 34 V4 31% 31% 300 2d Mi Feb 09 28% 28% 29 28% 28% 29% 1,300 2o j an 2a-/4 may 23% 28 29% 1,320 23 Jun 29% 1,300 6% 23 Jun Mar 97s Feb a un Mnv 10,400 3 7a Jan 1,900 % Jan 1% Jun 100 117s Apr 13% Jun 3% 3% 21 Ma 22% 11 13 2,400 2% 400 1 Jun 104 104 105% 600 103 Jan 107 Y* May 103% 103% 105% 330 104 Jun 105% Jan 105 101 101 50 15 15 300 15 24% 24% 200 —— 93'/a 1-4-zi Mar Jun May I0M2 Jau 23% Apr 25 Jan 38 V3 Apr 41% Jan 2% ~2% 2% 44,700 2% Feb 3 Jan 4% 5% 20,500 4% Apr 7Mb Jan 15% — 15% 50 15 '2 Jun 17 leo 22 Jun 27'/a Jan 12 Jan 1 5 Mills 22 22 24 1 * 10 10 10%" 45 7 • 500 1,100 45% 50 4% 3,300 43% 950 9% May 4u Apr Jan bl 3% Feb 4% 41 Jun 48 M2 Feb Jan 37'a $1 cumulative preferred cumulative Penn Gas ; . 23 23 preferred Corp & 1 common Electric class A Penn Power to Light 4 % % Penn Traffic Co— 23 28 10 « 10% 19,500 1,900 10% 50 4% 110 110 110% - Corp™ Pierce Governor • •3 (The) 1 Pepperell Manufacturing Co (Mass).—20 2.50 Rubber " ' 3 • • — Jun 10 2% Feb Mar 107 26M* Apr 29% Jan 12 Mi May 5% Apr 113 Ma May 47 s 4% 3% 400 4% Feb 5M4 Jan 32% 34% 1,100 32% Jun 4072 Jan 3 3 3 600 2% 55 55 55% 1,800 53 Mb Jan 3Va Jan 59% Feb 13% 13 % 200 11 Jan 14 — Bilex 55 % 56 Ma 108 7'* America class A Jun 14 74 Jun Ltd —~ 2,800 55% Jun 697a Jan 40 106 V2 Apr 109% Feb Jun 197a Mar 15% Jan 18M* Jan 18 72 May ' — 1774 15% 1,900 . •; * • Co common 62 Ma 103% 107 • Breweries 300 3% 3% — Pattern Ltd B Singer Amer Bmith Jan % ft 2.QOO % Jun 19% 19% 20% 1,400 17% Jan 1 1,000 4 18% 19 4% 19% 400 17 4 4 5% 4 7a Apr .1 Mar 31 Ma May " 278 280 3,000 4"b 700 290 269 Jun 77s Jan 325 Apr Mar ' £1 Paper Mills 2% May __ 39 • 38'% 13 Ms 374 Apr 175 39 32Mi Jan 42 Jun Solar Aircraft Bono tone Boss 13% Jun 17 Apr 2% South Coast fiouth Penn 13,600 4% 11,800 Jan 5% A,.r 8% 9% 2,600 8% Mar 10% Jun 1 3% 4MB 2,300 3 4% Jun 2,600 1 Corp common common xl4% 1 . Oil 15 % 3% 1 Co Corp Manufacturing 4 - Jan 30 32 Mi 10 18 19 original preferred 4.88% cumulative preferred 25 47 Ma 48% 25 28 Jun 29Mb Apr 4.56% convertible preference 25 x30 x30 32% 1.000 x: 0 Jun 33 Jun 4.48% convertible preterence 25 x28 x28 30% 800 x28 Jun 3174 Mar preferred 25 3% 100 3 Ma Jun 47s Jan 37 37 40% 2,000 32% Feb 43 7'a Jun 17 17 Mar 177s Jan Southwest 12.50 common Pipe Line Pa Calif Southern 3% cumulative 4.32% Southern Ploe Line Southland 31 25 Ma Feb 40 14 Jan 120 46 Mar 33% May 22 Mar Edison— 27 Mb 26% 1 Royalty Co 3% 5 200 28 27% 27% 600 26 7a 48% Jan Ma Jun 2374 May , Jun Spencer Jun MB Jan 24% Mar 6 Jan 2o% Jan tinoe Btahl-Meyer Standard 3 Corp Inc Brewing Co Standard Dredging Corp Standard Standard Power to class J. Light Starrett 9 % 10 Tube 200 1mb 6,900 % 2% 1,800 2% 350 16 900 9 38% 4,800 6% 83,600 5% 17 5 Ms 15 Mi May 23% May 3% Jan Jun Jun 18% Feb Jan 10% May 34 Ma Jun 40 3% Jan Mav 8 Ma Mar 2,500 3% Jan 200 154% Jun 6 % Jan 9% 4 M, Feb 7% Apr 2% Mar 4% Apr 8% 7% 8% 2.400 Corp 1 5 4 % 5% 8,100 2% 3 Ms 4 31 1 J un 2 Jan 166 1 (The) Corp Jan %-May 6 5 154 Mi 2MB Jan Mar 19 9% 5% 1 5 9% 500 20 Co B 3% -Jan 3% 34 Ma • class 16 17,300 12% ■ 9 Mi 35 1 common 2 Ma 16 • Standard-Thomson Apr 2% 16% I B Products Standard 9% 19% 1 preierred Standard 1% 10 20 20 common Forgings Corp Oil (Ky) Common 1% 1 10 preferred $1.60 convertible preferred Standard | 2% Mar 4% 4 2.78 — Standard Cap 4c Seal common Convertible 100 • • 5% ' ' 800 5,900 4% 7% Mar 173 Jan Mar Jun 6% Mar Plnchln Johnson Ltd Amer shares Pioneer Gold Mines Ltd 1 2% 2% ~2% 2,700 2% Jun "2_12 Feb Piper Aircraft Corp common Pltney-Bowes inc..-. 1 2 I'll 2% 6,300 1% Mar 3Mb Apr Pneumatic Scale 17 16% 17% 3,900 147s Jan 19M« May —50 52% 52 54 1,880 52 Jun 5 26% 25 30 Ma 3% 2 common 2.7% 6,500 18% Jan 3% 3% 200 3% Jan 4 Jan 17% 17% 75 Jan 18 Mar 4% 1,100 7 2,000 6% Apr 375 14% Jan ' —10 common Steel Co Stein Canada of (A) Co to -- 14 Jun ordinary Products Mining Co.— 25c Powdreli & Alexander Power 1st 2.50 common Corp of Canada 6% • common preferred Pressed Metals * 2.50 common of America 1 Producers Corp of Nevada.... Prosperity Co class B Providence Gas 1 * . * . Public Service of 6% ' 13% 16 17% 3% Jun 37 Mi May Jan 12% Mar Jan 19% 1,700 9% 14% 17% 4.400 11% 1% 2>'3 13,200 2 7% 7 % 100 9% -- Jun Jun Mar 450 11% ... 8Mb 19 32 34 % 15'% 5Mb May 95 __ 32 -"11 __ 11 Apr 9% 1,200 98 May Trjg ISterling Engine Co Inc (j at common 3 : Pyrene Manufacturing 104 15 7 15% s 1 Mb Jan 7 Mar Swan Finch 6% * preferred. 1QQ Quebec Power Co 104 % 200 103% Jan 17% 1,800 14% Feb Tampa 106 18Mb May 10% 10Q 10% Apr 12% Apr Jan 7 % 600 6% Jun 8% Apr Feb 8% Apr 200 8 1%. 4' 1% 2,200 % Jan 2% Apr 4% 8 6 % 6,800 3% Jan "7% Apr Jan 20% 19% 125 2% 2% 1,000 1 15% 16 Mi 300 16%. i,800 18% • common 15 25c 14% 2 13 Jun 3% May Apr 15% Jun 19% Jan 167a Jan Jun 4 % 100 4% Jun 6 Jan 19 Ms 18% 20 Ma 925 13% Jun 24 Jan 2% 2 Ma 2% 2,400 2% Jaa 8 Ma Inc„ 4 Ms * 1 O^^nt. Jan Corp.. Electric Co Technicolor Inc Texas & Thor Power Thew Shovel Ttlo common _ 33 % 3% Apr 9% Mar Co 5 105 1,110 93 Jan 109% Feb Tobacco 156 % 156% 160 250 154 Jan 160% Jun Tooacco Security 13% Mar 17M4 Jun Trust 12 % • Co Amer deposit rets ord 6 % 7% 1 & Allied Stocks 15 % 9 7a 15 % — —1 to Construction 102 14,400 14 11 _25c Roofing Inc Ttshman Realty 14% ...5 common Inc 700 21 7i 33 : 250 7 % 2,000 13 Apr 113% Jun Feb Jun 16 6% Jun- 800 12% Jun 75 JaQ J^n 14% . Feb 13 15% May 170 1 104 96 96 Apr 26% Jun 9%. 1,100 a 36 Mi Jan 13% 1.8G0 11 74 15 Jan 16% 112% 19% __ Corporation common Markets 35% 18 /a • • common Light $4.56 pfd 102 • • 7 Ma 7% Jun 3 Mb May Q common Jan * common Oil Jan 12% 3 Superior Tool to Die Co Thorofare Quaker Oats Co to Po^lnnd 25 10 Ma May 10% Mai 6 7.3 lo (S) Ray Drug Bnn*»r'or 22% Mar ! 872 May 9% May 10% 10% Sun 19% i 400 1 (Hugo) Corp Stop to Shop Inc Stroock 16% Mar 200 11% 1 common v^o J 23% 11% 1 Sterling Obcwjon 400 23% 11% Jun Colorado— 4V*% cumulative preferred ...100 Puget Sound Pulp to Timber common...* Pyle-Nationai Co — 4 100 Pratt & Lambert Co Prentice-Hall Inc 4 19% 23 Mi • com Btlnnes Polaris 18%. • 5 common Sterling Aluminum 60 Mb Mar I Pittsburgh & Lake Erie Pittsburgh Metallurgical Pleasant Valley Wine Co Jan 8% Jan 15% Mar 115 Apr Ltd— registered. —£1 4% ■ - __ __ Jan 5% Apr ■ Amer deposit rets def registered. Todd Shipyard Corp common Toklan Toledo Railway to Light Securities— Voting common Railway & Utility Investment Rath Packing Co A I • common $3 convertible preferred Raytheon Manufacturing 1% 300 25 22% 25% 475 22 23% 1.300 21 Jan 1% Jun 24% Jan 22 Jun 27 Jan FeW 56% 30 54% Jun 9% 42.200 6Ma Jan 4% 4% 600 4 Feb 3% 3% 2.900 3% Feb 4% Roeser to Pendleton Inc 1% 1% 1 13Ma Feb Apr 1,000 % Apr 29 30 750 27% Jan 25 100 23Ma Jan 26% May 3% Apr 2 % 1 2 100 98 _• 2% 2% 2 3.400 - 100% 42 Trans Lux Feb 3% Jun 105 % 150 101% Feb 105% Jun 15 3,000 a Mar 2 % 103 % MB I Corp Tri-Continental 7« 3 % • 3 71 17,900 17% 1,350 11 % 6,200 3 3 2% • _ 2% Mar 1.900 2% 17 7'a 1 warrants True Temper Corp Trunz Inc • Tung-Sol Lamp 80c _ Works convertibla II common 9 10 74 • preferred 2 Mi Mar Apr Jan 17s May 2% Nov 4% Apr 3%' May Feb 17 Apr 19% 3 Realization Corp Unexcelled Chemical Corp 9% 6% 25 ~ 23 4 11 % 11% • ^ 400 1J r 20% Jaa 26 8% Jan 14% Apr 117, Mar 15 % Apr 100 74 % 3% 700 12% —10c Mar 14 MB 4.300 9% 200 100 % 650 % May 17'a Jan ■ 3 * 2 Jan 2% Apr Union 170 93 Jun 102% Feb 25 Jan* 3 13 2 74 Mar 12% Jaa 7% Jaa 47b May 16% Mar Union Oil Co of California— 300 9 10 7 U Ulen 17.000 £1 lo 38. 2% 98 40 5 page 1% 2 7a 32% Mar 25 pfd F Inc 3.100 2% . Jan 1 common Rotary Electric Steel Co- 45 850 .100 Union Gas of Canada Rolls Royce Ltd— -. American dep receipts for ord reg Rome Cable Corp common morn<ww preferred 1 Jun 39 % Apr j-3 1 _ Rochester Gas to Elec 4% 4Mi% 70c Jan 33 7a 5Mi Mar 53 • Valley Gas Co— (Texas Corp) v t c..r "or. Apt- 5 Engineering Radiator Roosevelt Field 1% 28 8% l (Robert) to Co Electric to Edison Corp % 33% __ 387a Jun 54% Rio Grande ' 26 Mi 5 1 Rice-St ix Inc Richmond 1.200 6.23 Reading Tube Corp class A Reliance 1% 26 • common Regal Shoe Co Reis 21% 10 common Raymond Concrete Pile Rovalty 5s —20 Tonopah Mining of Nevada to 10% 2.600 7% 5.500 26% 3.700 ,. Feb • 100 Manuiacturing Co Ltd— dep rets ord registered (Howard) "4% 5 1 common Class ' 28 __ " 187b 3 7b Mar . • Binger Manufacturing Co $7 • common 950 27% May 32% 50c common Philadelphia Co common Phillips Packing Co L — 100 2.50 pfd- Pep Boys Pharls Tire. & — • com Penn Water to Power Co Perfect Circle 74 May Jun 22% 11 17% 25 Speed Queen Corp conv class A 41 4111 '' $1.32 4 Feb 2074 May 10,300 Apr 24% 3% 2 Ltd Peninsular Telephone common Pennroad Apr 10% Mar 9 74 Mar __ 3% 97i 29% May 4% vtc Paramount Motors Corp Parker Pen Co Patlcan 34 % 300 Amer shares (C A) "Parkersburg Rig & Reel Patchogue 3,300 • • common (C A) 25 23 23 23 25 • —• 100 common preferred Page-Hersey Tubes 900 37% 33 6% 7 36 5% 4.80% 7% 35% 32 3 1st pfd —25 common 1st preferred 1st 5% 4% Mar 1% 12 • Simpson's Can 92' 957'a Mar Jun 77i 217a Canada of Simplicity 5Vu% Jan Jan 37a 11% __ 100 common preierred 4%> $3 convertible preferred Pacific C-as to Electric 6% Mar 84Ma Simmons-Boardman Publications— Pacific Jun IV4 4% • ... Jun 30% ' Jan 88% 5 Sheller Jan 4% 400 1 Mining Denn Bhawinigan Water to Power Manufacturing Co Jun 115 • common 1% 1472 11 Mi 1 Corp class B Jun 12 7a May .. 3 Ms 3% 3% Apr 18% May Jun 1 apr 3% Jun 3 25% 2% Mar 187b Jan 16 71 2 -- Control Saiety 26% Mar 3% 1Mb 2Mb 1 Inc B) 9% "l Telev Inc.— to 23 mb 25 prior stock 9% 30 • Olympic % 475 200 1.500 13% May ' 15 Oklahoma Natural Gas Oliver % 43,"3 Jin Jaa 39% 5 stock Convertible Be ton 41% preferred: 7% 15% Allotment certificates va O 114% 114% Apr 5% 3% Mar •2,400 35 1 Industrie! Inc common Berrick % Jan 23% * Shoe Co Sentry -100 Apr 8% 6% 5 2,100 4% 12 14% Apr J un X7 */i 16% * 1 Sentinel Radio Corp common .50*3 500 35 % 1 General Be<»al Lock to Hardware Semler Ohio Brass Co class 3 common 3% 10 % 10% Mar Eeo 2,300 ' No7adel-Agene Corp Garden Corp common Mi 4 • common Inc Bros Seem an Selected Apr Co Corp Securities Selby 103 Ma May 4 13% pfd~ Northrop Aircraft Inc 5 Ma 11 1 Inc common (D A) Steel Scullin Rpr ----- 101V3 102 8 5 Mb 25c 1 (Del) Fisher Brick Co Schulte 200 1.300 8 Jun 7% • bavoy Oil Inc 15% 1.900 14 8 5% High 3% ' 1 49 1 United Corp common Samson Jan u Mar 35,800 1 1 Lawrence Corp Ltd common convertible preferred apr 9% 1.800 11% • Light 4c Power w d .Toseoh 6t Bay re to 4 2 Mi 2% 17% Mar 2 '.'a 44r! 13 13% Airlines 20 Mi 20.) "3 44 44 % preferred North American Utility SecuritiesNorth Central Texas Oil J"Un Jan 12 1.1UU 10% a 16' 8Mb 9% Feb 15% 400 29,400 8% .T25 — Aeronautical Co Ryan Consolidated Petroleum Ryerson to Haynes common Ryan Low 8% • Range Since January 1 High 10 7s 1 common. Jun 17% 12 10 Low Jan 600 161 ^ Mines 4 74 % Shares Jun Apr 1 50 15% 15 14 North American Rayon $3 Ind Pub Serv for Week Par 36 V* May 7 Ma 1,300 Range of Prices High 65 9,700 9 Mi Sales Last Sale Price 1st Nlles-Bement-Pond North Penn RR Co Jun % Mar 900 174 24 24 Niagara Hudson Power common — Niagara Share Corp common — Northern 5'j 7 7'a I York Shipbuilding Corp-— Founders shares Northeast Jan 67 67 New Nlplssing Jan 24'/a 1% 1 1 2 Ma 3,900 55 7% a 24,20) 33% 98 52 52 New Jersey New 4 89 414 convertible preferred— 4%% 5' a 95'» England Tel to Tel •---— Haven Clock to Watcn Co— New Low 4% 2374 30 Week's STOCKS New York Curb Exchange Range Since January 1 High. 4 Radio National Union $0 Friday otijit a Friday STOCKS New SToi'it- vuru JUNE ENDED for Week 01 ftices WEEK FOR sale*. Sale rrice EXCHANGE CURB YORK Mar 9 Mar RM2 Jan 22 % Mar 46 % May 9% 10% Apr Jun 8 V4 Mar 30 May Investment Co __ $3.75 preferred series A Union Stock Yards of Omaha United Aircraft United United Products Chemicals Corp • common _ioo 1 — 43 * 3% ' a 3'.i • _ 2% 99 »-» O O common —50c warrants United Elastic Corp 8% 4 3% 3%. 5.700 74 64 39 300 Jan 2% Mar 43 36,800 '•I3, 36% - 100 43 X93V2 May Jun 32 33 9% May 100% 4% 5174 Jun Jan \is 40 Feb Jun 72' Apr Jan Jan Mar Volume 172 Number 4921 The Commercial and Financial Chronicle . . . (35) YORK NEW RANGE Week's Par United of Prices Low 15% 7 ... Low High 15% 17 15.800 Molasses United NJ Umieu Pront 10"c Co — • '■ Snaring Shoe Specialties Apr 80 245% May Jun fs 150 5>/4 .Tan 236 1,900 6 Va Jan 5 Mar 1 with Nov Midland Extended Apr at 6,100 40% Apr 49'% Jan Milwaukee 42% 5,300 40% Jan 43 Jun New England 1434 16% 3.200 12 2 6,500 1% 17 3,500 15% Jun 18'% Apr 3% 3'/8 8,200 3% Jun 4'% Feb and International preferred Radiator Rubber Universal Products Co & 7,800 -1 13 4 13 4 Oil 1% 52 3/8 200 4 25 % Mar iy» Mar Jun 2'/a 1% Mar 2 57 Jan 28% Jan Jan 3%s 4% Gas —1 6 —5 72 27% 500 Jun 29% 3'/4 9,500 2% Feb 25% 1,900 23% Jan 3% Apr 27% May Vanadium-Alloys Steel Co Petroleum Syndicate Feb 68 Feb 200 27 Jan 30% 7% % s with A 6 % s 1961 Oct 1 Oct 1 ex 3'4s 1968 32% Mar 5% 5,400 3% Mar 3% 3,500 2% Feb 4 15'% 200 12% Jan 16 1940 series and 6Ve M Jun California Counties 1st motrgage IVa $2 Bond & tWaltham Ward Inc Co vtc 1 w Texas 1% l Utilities $6 Western Maryland Ry Tablet & 1 % 1 3 8 800 10% 200 QVa Jan-July preferred 12 H 17,300 V» Feb 1% Jan 3% 4 Va 3,300 3*4 Jun 6% Jan 8 8% 900 7% Mar 8% Jan • Jan 112%. 112% 112'A 20 pfd__100 1st 157 24% • com 166 29% 20 Mfg l 1965 ___5 (Wm) (R & C) Brothers preferred Wocdall x <F American Lt 19 150 17*4 Feb 19% 700 14% Jan 24% Mar Terni 100 2V4 Jan 300 17% Jun 8'A 1,200 7% Jan 9 6% 150 434 May 9 4 Va 2,100 series B 1973 3'4s 1970 3rd 14% 11% 11% 12% 5s Ltd 4 "1% • New York Curb "l% Period 10414 Mar City Bethlehem Boston Electric Steel Edison 3%s A7s ex 6s Aug 1998 1 234s series A 1% 10% Feb debentures 3% Mar 4% A 5s Chicago 334s Cities Transit Called Co 1% 3s Friday's or Bonds Range Since Sold Jan.] Bid A Asked 180 +165 106% — — 106 6s 102 102% 31 102 105% 142 102 108 108 107% 111 Va 211 107% 112% 25 91% S21 99% 94% Jan-July 100% 94% 95% 100'A 101 96 101% ' •»«» • —— ' . ' . 99 % , 100% 100% • .... f . 101 100 1 1st A 1st & Water series Ercole Fuel Marelll 6'/as Mfg 5s Afay-No? 55 % 54 55% May 39 Jan-July 1956 23 $115% — 54 Residential Trunk Mtge May -Nov -- +50 May-No® 1953 125 series A 6s Ry Western 103% ACauca debentures f s A 6 %s 1950 4s 57% External Danzig A6%s A 7s E (Aug series A 7s C 70 70 — 52 1 — June-Deo $102% 103'/a Jan-Julj +41 Va 33 F 1941 coupon) $70 on. AMedellin A7s 104% 52 45 39 1 45 '• 80 85 7s 20 Rail- Util- trials. of 107% 1.17 7a 120 101 % 105 94 97 - 104 104 Week's Range Last or Sale Price Friday's Bonds Range Sine* Sold Bid & Asked High -• Jan. 1 Low No. High ...April-Oct Jan-July 474 7B 76 474 71% 71% June-Dee — 449 46% 53 y* Loan— 93'% 94 79 95,. 83 83 77% 89 ' 47'% Jan-July 7% 8 ''9% 1927) Chile of Bank of Denmark 33 38 49 46 y8 54 —Afay-Nov 450 50 50 450 50% 50% ..June-Dec 1931 5s 38 49 49 .-April-Oct 1947 6s 23 436 —May-No® —June-Dec 1474 21% 418 1958. _Mar-Sepl 1951 146'% 37 48 80 91 —June-Dec 1972 84 84 84 36'A 36'A 36'A 2 31 y8 37% 23% 24% 124 18% 25% 36'A 31 38 (Plan A) reduced de 5'% s Mar-Sept 2008 — (ser ABODE) Janeiro Interest ARussian 2'/8s to (Republic of) stamped reduced Jan-July 1997 — (Plan A) 2% to June-Dec 4 2% 54 2% 3% 2% 2% Jan-July 1919 1921 36'A 28'A Jan-July 2012 6'%s Government •No e 2% 25 2% 3% (not Deferred delivery transaction (not included in year's range), d Ex-Interest, included in year's range). I Ex-distribution, g Ex-stock dividend, b Extransaction (not included in year's range), r Transaction for cash year's range), xEx-dividend. yEx-rigbts. zEx-liquidating dividend. value, par Odd-lot a transaction n (not Under-the-rule included in A Bonds and asked prices; no sales being transacted during current week. 78 "5 73 86 1 82 95 81 1 81 92 $80 90 85 95% tive; 81 83 91% "w representative stocks and bonds being traded flat. § Reported in receivership. used Abbreviations above—"cod," 15* roads itles 213.91 212.22 "cons,"consolidated; "cum," cumula¬ trust certificates; (35 Stocks) Compiled by National Quotation Bureau, Inc 10 Total % 10 First Second 65 Indus- Grade Grade Util¬ 40 Rails ities Bonds Stocks trials Ralls 10 Total Date— Jun 24 . Closed 52.39 42.31 74.83 52.05 41.60 74.14 214.68 53.10 41.87 206.72 51.24 40.38 72.35 June 30—— 1 209.08 52.24 40.64 102.38 73.25 103.53 90.60 104.98 102.31 ■ 102.95 90.00 104.81 90.03 104.84 89.15 104.85 99.79 102.23 102.90 89.10 104.68 ■ 99.73 29 Jun 30 . High 37.89 Jun 23 Low 35.13 Jan 4 36.42 Range for 1949 36.35 28 Jun 100.05 102.93 Closed 37.13 26 Jun 100.02 103.09 102.23 Range for 1950 Closing — Jun 27— 100.37 102.23 75.08 29———-1 deposit; "x w," without warrants. Over-the-Counter Industrial Stock Average Bonds— June U.*!« certificates of "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting i," when Issued; "w w," with warrants; Jun - 1C4 Feb-Aug Oct Bank 1%S to 2'%s 82 Closed June 28 106 3% 2 92'% .-May-No® stamped stamped Interest Peru 88% Averages the daily closing averages of June 24 June 27 91% 3 11778 118% , 1955 43% 10 " Period 1953 5s (issue Parana $70 Jan-July 1952 30 26 33 106% 1063% 92% Interest Mortgage Bank of Bogota— A7s (issue of May 1927) 1947 81 82 . Indus- June 63 425 Feb-Aug the New York Stock Exchange as compiled by Dow, Jones & Co. • 104'/a CO lJr x 100 102% — -Stocks- Date— 102 61 450 1959 City (Peru) 6%s stamped Maranhao stamped (Plan A) 73 1957 Stock and Bond listed 63 1037/a 102 Union— A Lima 82 1955 Feb-Aug coupon) 1952 are 102 71'/a 99% —" -- 39 39 June-Dec {July 1941 coupon) Below 643/4 Sec— 1957 1941 55 Port principal. 1958 1955 (Dec 1 series A7s A 7s Power 1 55 & Waterways — AExternal 6%s stamped 1952 61 — -- Jan-July 1963 market series 1954 1960 Valley 7s 1948 Cons Municipal fFriday's bid International 5s debentures External 5%s 118'/a RR— on) (coupon Ex-coupon 58 ' Bank— Mar-Sepl Western & 55 T 1956 Agricultural Mortgage Bank (Col)— A 20-year 7s April 1946_ A20 year 7s Jan 1947 Bogota (see Mortgage Bank of) Rio 1953 coupon coupon Green Mountain Power 3%s Guantanamo 58 43% 5 4 • 425 Low 47 99% 117% 30 — 60% 39 15 40 99% 101% 100 Mar-Sept stamped 1961 Grand 49'A Hotel— Traction AMortgage Co— 1940 1 43 47 47 Friday A Finland 1947 coupon Newspaper conv Mortgage 1993 1965— 5s P 1947 Nov ex RR Elec with Nov A-6%s A series B 1993 3%s Lt & 96 90 Division— J 4s mortgage 4s Gas Elmira A N mortgage Eastern 47 June-Dec 1956 coupon New York Curb Exchange 100'A . Delaware Lack & Western RR— Lackawanna of 89 va 77 104% 102 ' ' J. - ... 2 Foreign Governments and Municipalities 173 102% bonds \ -.'a. '■ 80 Co— 1940 1 1 income Western 109'A 166 „ 102 Registered •' • April-Oct June-Deo High 103% 17 106% 107'/a ■ Low No. High X104 % 105 Jan-July 1977 96 77 Jan.-July _ Interest reduced to 2%s 2008 1947—1978 of 1067a $95 Jan 2 Jun Mar-Sept debenture 103% 106 4106'% 106% Mar-Sepl June-Dec Authority— series revenue Service 1966 1946 Service Dec Penn Feb Jan-July 1954 106% 101% 104 Apr Week's Range —- June-Dec 1948 103% 4102 1334 May 6,300 Sale Price Quar-Feb 1970 4103% 105% Feb-AUg May -Nov April-Oct Washington Water Power 3 %s 1964 Apr 16% 100 Jan-July Central States Electric Corp 5s debs 5%s 5s coll trust stamped Dec 12 34 Mar 35% 800 Last June-Dec 1964 105% Corp— Waldorf-Astoria Danish Appalachian Elec Power 3'As 1970 108 104% — 107% Mav Jun Low Atlantic 1053/4 105 4106'% 4102 % Mar 13% 4 Interest Exchange 10934 104 104% 105% Jan-July & Bros 5s 1989 Electric with 14*4 Mar Ij,200 Friday BONDS 102% 106 — 106 106 Aprll-Ocf stamped 1940 Industrie.'— 2nd A7s £1 Hargreaves 102% 1 32 4103 % (Calif)— BONDS receipts 16.5 10534 104% Jan-July Feb-Auy Gas 160% 104% 105 Jan 4 Apr 29% Mar 13% Apr 12 Jan 3% 12% May 12% May 20 106 3 4 Ltd— deposit 4% 75 .13 106 8 common 61 May — — 55 1 .... Hydro-Electric Co— United 22'4 Mar 6% 2 3.06 May 3% —100 Inc W) 3% 13 • pid 55 99 106% 106 .... $25 106, A 6 %s with Aug 1 1940 coupon 1953 Feb-Aug A 6 %s ex Aug 1 1947 coupon 1953 Triborough Bridge & Tunnel Authority— ?%s revenue 1969 ..May-Nor Jun 17% 25 4%% 109 105%. 105 (Hugo)) A7-4s Feb 17% ■ 8 l preference— Wright 21% Mar 1 w & Petroleum Woolworth 32*4 Apr 7% ■ — 25 w Industries Woodley 6% w common Pwr Apr 18% 6% : • common br'o Elec Co Inc preferred Wisconsin 27 3% 10 5 & 5% Winnipeg 1 Corp Corp Products Wilson Co Oil -- 19 105 Mar-Sept Mar-Sepl West Whirlpool Corp Willson ■ 25 20% 19 20 — A 7-4s Stinnes 28% Mar 650 28 Williams 175 34 Mar Feb 24% 20 River 114% Jun 250 29% Inc (The) Jun 157 25% 24% 20 Wickes 112 Va 20 ' 1% Stationery 10 Wichita Apr 98% Apr tt Westmoreland Whitman 2% 8% 20 shoe Jan Jun 13 34 Feb 107% 104% — 163% 163% May-No® 1981 1952 1971— Corp Inc (Hugo) Apr 9*4 3% 1.25 Westmoreland C6al w*»venberg 2% 112 IVa Mar 9% ~ warrants Manufacturing Western Jan 9% 30 Watch Co. Baking Wentworth West 1 preferred cum Jan Jun 7 - 105% 55 April-Oct 3s 6s B Gas 3s Stinnes 6 106 va 105' 105% $104 -- ' Edison 3s Southern Starrett 109 105% 105 ——. 1973 A ref Spalding (AG) , 105 66% 106 105'A 81 $104% 106 June-Dee Jun Wagner Baking voting trust ctfs ext—• 7 Co preferred *. 100 55% 103 103 6 106'A $104 1C5 April-Oct 1960 coupon Power Corp 3s California Southern Va May _• 104'A 106 —• 60% 12 104 —— April-Oet April-Oct Jan-July 1947 coupon 1960 Gas Co— Joaquin Lt & Pow 1st W Waco Aircraft Co 63 47% 101 Va 64 63 63 May-No® 50-year 6% debentures 1998 Queens Borough Gas & Electric— 5%s series A 1952 3'4s 15'% ■ 98 Service Electric & Jun 3% • 16 52% 4101% 103% April-Oct Afar-Sept 1967 4%s Southwestern Gas & Electric 3 %s 1970 Waitt High 83 56% 47% Jan-July A 6 Public Jun 80 4% 20c Vogt Manufacturing 5 310 30 4% —1 Inc 4,200 78 12 305 Jan-July Feb-Aug 1970 Southern * 6% 5% 71 • Mot-Nov 1963 to Light Power 3y*s Safe Harbor Water Venezuela Low Piedmont Hydro-Electric Co— Apr 25% 1952 coupon Lexington 1st mortgage 3s 1964 Pennsylvania Water & Power 3'4s 1964 San Venezuelan 91% Jan. 1 No. 450 Park Apr Feb 2% 25 1940 1 1952 coupon Ohio Power 1st mortgage 1st mortgage 3s 1971 Jun 6% 24 % 3% • common 93 Jan 25 —10 5 Light High 83 Efmgf: Sluice Sold Jun 2% May 40 —10 common 17 Jan Jan 4% 300 13 Jan 84 300 49% Sugar Power 675 6% -10 - Insurance Universal Utah 91'% 5% 5% common Consolidated 4'% 87'% _ III1 Reclaiming Co Universal Utah-Idaho • warrants.. common Stores Corp 15 '4 • Securities with Bid & Asked Valley RR— 44 B 1940 1 Superpower 6s 1963 McCord Corp debentures 4'/2s 1956 41% 1% 1st 7s 42 % 151% S Bonrls Friday's or Ian-July Altalian 42% 1 % U Last Sale Price Hydro-Electric Co— 42 7« 15% class 1952 certificates escrow with Nov 25 1 Co United 4 1 Foil U S Apr _10c Air S S A 7s common S $5 Isarco Jan A % 5% Jan 19 7 240 >8o ADebenture 1U Conditioning Corp U U U 240 ' . Jun -25 common Preferred United 240 -25c —10 Machinery Period Low Feb 17% I 4 .100 common preferred United 30 registered. & Canal RR 18% 17% I '/a Mai — 18% Ltd— deposit rets ord Interest New York Curb Exchange High Jun 15% „ Amer Week's Rat'ge Friday Range Since January 1 • common participating preferred United 30 Interstate Power Co— ±..<-ciistribution 75c JUNE BONDS Shares Light & Railways— United Milk Products EXCHANGE ENDED for Week Last Sale Price Exchange WEEK Sales Range Friday STOCKS New York Curb CURB FOR 35 — 36.07 35.52 High 35.20 Dec. 31 Low 27.79 Jun. 15 ; 4 36 The Commercial and Financial Chronicle (36) Transactions at the New York Stock Week Ended June 30, 1950 and Miscel. Bonds Bonds 3,035 0j0 2.658 239 ?:\587.000 C,930,900 4.413,000 6 061,000 5,829,000 17.098.654 $28,826,900 , ■ 3 949 174 — 4 858,570 — 2 597 280 . Thursday Friday Total Total Stocks Government Bond iNumber Bonds Sales Closed $784,000 744,000 340,000 509,000 286,000 i>)tv Saturday Monday Tuesday Wednesday United States Bonds Foreign $6,371,000 7,680,900 $10,000 $2,669,000 Monday 689.490 Tuesday Wednesday Thursday Friday D. S. $145,700 $10,000 $8,000 11,000 303,000 791,000 1,153,020 56,000,770 48,918,370 28,826,900 11,274,000 503,406,200 347,516,600 $12,446,020 $559,855,670 $397,542,970 Industrial & Total OTHER Week's 18.000 1,000 273,000 $223,000 $29,000 $1,367,000 American Agricultural Chemic* American Sugar Refining — * .100 American Tel 100 152% American Woolen • 24% Anaconda Copper Tel • _o0 28,293,346 $1,115,000 $483,000 $16,998,000 $18,132,000 223,000 59,000 8,239.000 5,607.000 29,000 14.000 1,414,000 1,021.000 $1,367,000 $556,000 $26,651,000 $24,760,000 Bonds r_rz government Foreign corporate WEEK Total EXCHANGES ENDED JUNE 30 Week's LOW High High 46% 125 40% Feb 46% 46% 48% 55 3874 Jan 51% May 161% May 148 Ve 157'/a Ssles ■ Range for Week of Prices Shares Low Par Armco Steel Kange Sine# January 1 41% — 56,160,576 Sale Price 8 hare* 10,803J 146% Jan 23% 25 % 370 21% Feb 29% 31% 349' 277/a Mar 32 Jun Jan 33% May JQJO 762,315 Last for Week Low Par FOR Jan. 1 to June 30 rasa 1949 2.936,535 Salee Range of Pricee Last l 8c 254 000 Friday Bale Priea. ? 185,000 219,000 $1,115 000 Exchange Friday STOCKS | 9,000 6.000 433 805 Domestic Foreign STOCK RANGE Boston Stock o oni) 49 000 38.000 1950 $31,505,900 Railroad j i 127 000 175,000 2,936,535 $317,000 Bank 53 ono 393.695 113,116,144 2,669,000 Government 273 000 887.570 $353,000 $2,000 531,975 i, Stocks—No. of shares Foreign $65,000 Week Ended June 30 251,889,199 Bonds International $286,000 1949 3,333,540 17,098,654 Total Corporate $31,505,900 1950 1949 1950 shares Foreign Government Jan. 1 to June 30 Week Ended June 30 of Domestic Saturday 6,580,000 6,115,000 iPar Value) Foreign Shares) Closed 4,759,000 $10,000 Bonds o/ Week Ended June 30,1950 Total Stocks—No. Monday, July 3, 1950 . Daily, Weekly and Yearly lnt'l Bank Railroad Stocks . Transactions at the New York Curb Exchange Exchange Daily, Weekly and Yearly Number of . Avco 10 Manufacturing. Bethlehem Jan 39% 7% 190 674 Jun 8% Jun 80 34% Jun 38% mmmm mmtm— — — — — mm—mmmmm.— Jun 35 25 25% 25% 27 195 25% Jun 30% Jan 71 % ' 68% 76% 590 68% Jun 80 % Jun 68 % 76% 378 66 Va Feb 32 % 32 Va 12 31% Jan 12% 13% 871 11% Feb 8% Jan 9% Apr 30% Jan 34% Apr ...25 ... H s, Jun 6% 34% Service 10 _* Columbia 2674 3474 mm—mm Products City 1,101 * Steel— Chesapeake & Ohio Chrysler Corp Cities High LOW High 37 % 7 3 Range Since January 1 34 «/8 35% 72 ■ —" • Gas Curtiss-Wright 12% ' 8% 8% 31% i 32% — 100 80 f - t 100 pid Boston 8c Albany RR Boston Edison Boston Elevated Railway— 116% —25 114% 116% 111 .100 110% 113'/a 45% 8% class B 1st Personal pfd Jan 45% 48% 3,477 45% 15% 1,795 32% 36 235 120 Feb 117% May Jun 51 Jun 14% Jan 15% Jun 32% Jun 40% Apr % Apr Day Power ft Light Federated 32% 4% loO Trust.— 5% 4% 300 .100 75 4 %' Jun 21 80 International Lima Calumet 8c Hecla.. ...5 Century Shares Trust 6 Jan National Jan 22 Jan New Jan 85 Jun 5% Mar 55 ______ Street Mass 5% 1 5% 100 5% Jun 900 36.49 46.49 36.49 Jun 68% * 76% 313 66% 12% .« «. Copper Range Co Eastern Apr \1 1 :• 13 V* 101 12% Mar Feb 6% May 46.49 Jun 79% May 14% May Pennsylvania RR:_i_^_ Pure Oil Corp ,^.-4i 100 57 59% 60 54 May 64% Feb Sears loO 60'/a 60'/a 50 58 May 75 Jan Socony 5% preferred adjustment... 100 35% 37 45 32 Apr 41% Jan Vacuum Southern Co • 19% 20 1,485 19% Jun 24% Feb Standard Jun Inc _ Employers Group Assoc * 37 35 38% 328 35 First National •" 69% 69% 74 % 225 66% Jan Roebuck _ General Capital 1 Corp- General Electric Gillette Lone • Safety Kennecott 55.03 1 45% •" 37% Star Cement 41 Jan 50% May 33% Jan 42% 487 49% 68% 70% 8% 8% 52% 8 England Electric System New England Tel St Tel (N Rexall Drug 16% Mar 22 15c 30c 11% 12% 2,741 10% Jan 94 94 98 680 92% Feb 5 7% Jan Stone 14% 50 ...25 4% Ihc 15% 20% 5 Jun 1% ' 15 Jan 18% Jun 16% 31% Mar 36% Feb 28 % 62% 4;257 53% Feb 65% 1,175 40% Apr 49 Va 60 40% Jan 42% 50 37% Jan 11% 12% 217 11% Jun 14% Cincinnati Gas Cincinnati 30% 34% 1,918 30% Jan 36 Vb Exchange Week'* Sale* Rang* for Week ofPrieee ftkirts Low Cine 8c Sub Bell Rights common ... _ 8%. 10 —25 30% — 4% 68% _ . Stock 5% _ Yard _ Preferred Eagle Plcher Formica Gibson _ _ 100 10 _ Insulation Art Hobart • St _ — O Randall S "B" 5* Preferred Unlisted American • L Printing _ 21% Mar 3%- Feb 82 14%- Jan 17% Jan 75 15% 20 Apr 35Va _ 16%? Jun 10 29% 350 30% 32% 27% 28% 90 4% 4% 867 68% 71% 5% 7 12% 13 101 9% lOi: 582 522 19,043 320 43* 20 18% 75 34% 240 54%. 54%. 55 48 Jun Feb 21% Jun \ ' 11% Jun 13% Mar 20% 21% 125 20% Jun 24% Mar 27% 30% . ' • 30% 30V4 - 48% 48% Jun 35% Jun 39% May 66 Jan 79% Jun ) 375 25% Jan 31% Jun .(j i t 50 40 30% • 30 % 20 45 45 46% 97 31% 34 % 987 32% 33% Jun 50 Va 35 Jun. * 24% 25 150 58% 60% 327 60% 65% 1,390 16 16 18% 105 13; 13 14% 73 Ford 50% Jun 37% Jun Jan 36- Jun New York Curb Exchange Midwest Stock Exchange Exchange DETROIT Building Detroit-Stock Exchange ■iJ-X'i t!-7v ' Jun 20% May 38 Apr 32%- Feb 39% May 80%- Feb 26% Jan 4% Mar 68 % Jun 5% May 12%. Apr 9%« Jan* 101 Jun 35 Mar 32% May 5% Apr 80 May 7'/a Jun 13% ltf1 Feb Mar 1Q6: May 15% Apr 19% Jan 30 Jun 42 Va Jun 53% Jan 60 Feb 24 Feb 25% Jan 58% Jun 67% Apr 16 Jun 20% Jun Jan 14% Jun 11% - Low Davidson filfg common.—^^,-1 Apr* 41% Jim* 29% Jan 35% Jun 300 77c 14% 174- 2.365 16 74 15% 13% 13% €8% 74-74" 10 20% 20% 2074 32% 33% 6% 7% 7 Va 7% 22% 233i 614 6 % 23 10 — 1- - _—l_ _5 : Brewing 211 Jan 32%^ Jun Apr 357ivMar 6y8 Jun 7% Apr 6% Apr" 7% Jun 7% Feb . 22 Jan 8% May 2¥ 2IV2 Mar 24 23 Feb 25% Jun Jun 3% Jun 100 200- 2% . 185 274 18 Apr 2% 2,510 Jan 7% May - 3%' Mar 26c 28c 600 26c Jun 44c 22 2474 655 20 Feb 25% 4 4% 120 Ihdustriefe 4% 1' Manufacturing class B 1 Va . 13% — 5 762 4l/a May 4% Jan 500 4% 14 May 20%- Jun 1 -i-l- —; May " 6% May 255 18 2% 2% L Apr Jun 5 Brewing Jun 15% 216 3% 18 187/8 81 240 6,127 23 3 „ For footnotes ree nat;e k 45. __ioo 11% Mar 14 6% Jan' General Finance General Motors 1 33%. Jan 39 41 46% Mar 49 May Great 12 Apr Higbie Graham Paige Motors —i common—— Lakes OH & Chemical 85% _1 1 1 7B 1 1% 7 74 3% ' Apr May - 1% 174 7 Feb 70 Jan 150 3 Apr 100 1%- Jun 2% 2,700 l%r Feb' 1% May 174, 1 Vjb 300 9174 3% 5,936 7% 85% 3% 7% 10 —* Gerity-Michigan Corp. 202 10 148% 156% 50 365 9%; Jan 146% Jan 161% May 1 Jim May ' 34% 10 151% - 1% May 20 9,053* 23 23 ^__1 - Jun- 250 7%- 2274 a&fc-l Corp * Jun 13% 63% Mar 3,476* 6 % ■ 7% __ » 940 Jan 13% 1,104 1 Mar 13% 780 Steel Wood 35% 850 13% • Fruehauf Trailer common Gaf 745 235 70% _ Mogul Gemmer Jan 13%- _^J_i_25 common Economy Baler Co Ale 10 Jan 33% 1.00 1% — common Bros Frankenmuth 20% May 41% * Detroit Steel Products Federal ' 6(4 12% Power Steel High Jun Jan 5 1,050 41% Detroit ft Cleveland N&vtgatftra-,^ 5 Detroit Edison «_20 Detroit Low 13% 220 19% 30% Detroit-Michigan Stove Friars 17% 17% Range Since January 1 High 5 5 2 Continental- Motors 47% Mar Share# Bearing Consolidated' Paper 47% ► for Week of Prices ____21 Prod Company Consumers Salee Range Sale Price ptir Burroughs Adding Machine Chrysler Corp — 65% Mar 55% Mar :£ Manufacturing Brown-McLaren Week's Friday Last ' Rubber Roller Briggs Hall 81 THeeraph : i i' Telephone: WOodward 2*5525 34% 1, American Telephone ' ■t f Jun Jan, 30% 75"' I .. Jun 45 25% • 8 -99" Jun Jun 4% -Jan Feb Stacks— Airlines I1 i» 133 .. 32'/a Detroit Stock Exchange Gabriel 40 60% 47% _ Jan 59 ■ 17% * common _ 17ya 29 % 34% 30 •?' common Rapid U Apr Apr 16% 60% * new High 19% 17% — 8c 2% 32% _____ Kroger P 18% 72 9% _ Jun 16 133 Members Budd 112 2% * — common LOW 20% 29% Tel Cincinnati Union Dow High 19% 16% 34% Railway 44% 223 11% 12.50 New York Stock Bower 16% 10 Mach 57 20% Watling, Lerchen 6k Co. Baldwin Bsiftltacs January 1 2% — —— & Electric 47% 19 35% 10 Westlnghouse Electric Altes Brewing American Metal 19% Mill Jun 73% Jun 3 Street 34% 71% • Jan 32' 1 Cincinnati Jun 48% Ate mmmmmmm 42% May 46% May 8 Carey 31% Jan 41% Par Carthage common Champion Paper 345 Jun 43% Lai* Brewing (Philip) 34 % Jun 57% 42% Friday Burger i - 32% 18 , Jan 22% 41% 42% . i i Jun Jun 633 BelePvlew .20 ?' 35 7e 16% Jun 250 Cincinnati Stock Mach Jun Apr 20 A.,- Laundry 36% 23% -25 ^ ". E-aldwin Feb Jan 21% * 7% May 12% Balcrank 26% 12% 11% STOCK# American }; 196 344 Jan Feb 5% 42'/2 STOCKS May 33% 20% 19% 1 Apr 58% 12.50 15 32% 44% 15 __ 18% Mar 579 10 Waldorf System Inc— Westinghouse Electric Corp " Jun 34 25 S RUbber Co 105 j 4 Jun Jan 26% ..25 commn" 15% 5% Lamp a Mfg common—. preferred' i ' v 36% 26% Mar 18% 0 J± (new) Jun 26% • Machinery preferred 70c 101% 32 United Shoe 15 1 Feb 34% # Feb 10 Jan 80c 230 ___• Co 85 Apr Jan Jan 3% Mar 124 15% 18% 32% - 1474 34% < May 14% 300 205 • Jun- 9% May 29c 1,173 4% 80c 6% 26% T1 15% Jan May 96% 10 5% 5 6% 14% 80c Unotf Twist Drill United 600 • Association Fruit 60c c.SO Webster 8c 40c Jan 31% 32% 15 Sr — Carbide 102% May 7% 765 101% 101 % 11% 85 200 , 18% 50 ———————m :* C*-' 13 % Mar 335 8% Jun. 30 22 Jun 1,200 8% — 1 \\ ) 58% Mar 8% ____.__.10 Torrington Co ♦ 62 Jun 15c 100 Co Jan 50 150 19% _2.50 Hi Pennsylvania RR Quincy Mining Co Reece Folding Machine Shawmut ! Haven 47% 21% 11% 31% 32 IZZI-I-8 i Feb 11% of & Hartford—100 North Butte Mining. 16 15 53 Jun 7% 18% 20 ., 80% Mar 8% 17% 1 New Jun 15c l ft i 68%' Jun-' 58% Union U S 8teel 50 52% 50 • 40 Apr Studebaker Jun Jun 9% May 22% Jun \\j .5 ' 31% 21% _• n » (Ohio).. 761 —• Racing- Assn____ Northern RR Oil 2,295 National Service Cos. i ! Standard 56.13 May • Corp. RR common.... York- New (N 56% - 1 (Ky)_l*-^ Oil 48 % Nash-Kelvlnator New Oil 40 % t 1 Standard 36 » «, 44% 53.32 Feb - Standard Oil (Ind)—_ 100 Co.__.-_ Mathleson Chemical Corp Mergenthaler Linotype Narragansett 9 14% Jun 25 * 40% Mar 54% Razor Copper Maine Central 55.03 Jun 8% 75 8% _ 76% Apr 11% 12% _______ Standard 4 Stores r -—mm Brands Jun 8% —_ series it. Jun 9874 11% ' —mm—'—m U preferred 50% Jan i Jun Jan 68% 11% _u'__ 1st preferred series A____ 41% 41% 250 46 VA * 92% 11% n — Schenley Ind Ry— 34% Mar 35 1,134 45 85% » Central^- Oil 39% *'. 45% 87% 5 Edison Radio 37 %' 37% 104 # Tel & Distillers: i^._ rvj'itl York Ohio 6r/o Eastern SS Lines 5 ' ' 10 T..r — Tel 6% t 7 Hamilton 19% 206 70 5 Ohlo Service ^ Dept Stores. Electric General Motors 66 100 5% 20 • Boston & Providence RR Cities —_ - stamped Prop Mar General 100 Boston 8c Maine RR 7% prior pfd__100 5% class A 1st pfd stamped 100 Boston 114 107 15% Stamped 1 20205 j \ f ? i May 34% Mar 14% . Bigelow-Sanford Carpet 6% f i { f 5% 5% — 7 74 100 574 7 74 4% Mar 300 574 574 — ! • 6% May 3% Feb 5% Jan 7% ' 400 7 ' Apr Feb - Volume 172 Number 4921 The Commercial and Financial Chronicle . (37) OTHER STOCK RANGE Weeks Range for Week of Prices Shares Friday STOCKS Par Hoover Ball Bearing Manufacturing Hoskins Howell & Lou?- 10 — 14% Drug Jun Illinois 14% (Un) Screw 12% Jan 14% Jun 25c 4% Jan Imperial Development Co Ltd Independent Exploration Co Park 150 3% Feb ,1,200 13% Feb 3,900 4% Jan 17 Va May 7% Jun Intercoast 7"/a international Nickel 21% Feb 31 % Jun International Paper Co % Apr Int'l Tel & Tel Corp 1% Reo 337 1% Jan 639 39% Jun 2 900 _ 2 2 24 10 _ Paper _ _ .. _ common n.eunecott Jun Kern 3,130 15% Jan 400 27a Apr 3,100 2% Apr 3% 3% Mar 1,400 3% 20% May 3 % Jan 500 37/e May 47/a Jan Copper Corp County Land Co new Tube common E Superior Tool & Die Jun Lockheed 2% Jan Loew's Jun 247/8 Jun Los 147a 14 % Angeles Biltmore Hotel Co 135 11% Mar 157/a Jun Los Angeles 6% 6% 250 6% May 7% 2% 1,000 2 Jan 100 11 Jun 11 2,165 12 Feb 13% 2% — 11 11 12 ' 12 12% --?•' 1 11% 12% •365 9% 9% 1,000 3% 3.1/4 100 2% 600 16% 885 1 common- 2% 16 • 3% Mar Jun Aircraft Corp Inc 12 9% Jan 7% 5,800 4% Jun 74 16% Jan a57 315 507/a Apr 57 51 % 54 1,723 45 Apr Jun 17% a53% 58 % al6% % 6% 16% a 6% 6% 1.10 1.00 100 6 31 625 23 7% 7% . 900 % 16 Apr 7% Jun Jan May Jun Jan 7% Jan Jan % 31% Jun Jan 8 V8 Mar 1.10 4,051 1.00 Jun 2874 30 % 2,115 2*% Jan 32% May 15 15 Va 320 15 Jun 18 Vb 26 11 12% 11% ri Jun % Mar 2% Feb 2% Feb 14 Jun Magnavox Company Oil Mascot 26% 1,650 24 5 306 Apr 14 Jun Middle South Jun Minnesota 4% Apr Montana 3 % Apr 8% Power Diablo Inc 1.40 (Un) • 10 Feb 13% Jan 9% Jun Nash-Kelvinator 6 1,130 Jan 29% May 320 May 605 7i% Jan 237/b Apr 97c Mar 100 72%c Jan 3,350 1% Jan 3% May 62 %c 62 Vac 4u0 60c Feb 90c al77/B al77/8 __ 108 17% Jan 20 Va Mar 35 31% Jun 33 Va Mar 315 20% Jun 23% Jun 378 53% Anr 61 Jun 2074 a53 % 20% a535/a a55% 1.45 1.25 1.45 4,410 B 17% 20 725 1 1.25 Jun Jan 1.75 1.00 9 Jun 9% Apr Jan 6% Jun National 1 Apr 1% Jan New 30% 27 6)0 Jan (Un) City Lines Inc 1—! National 4% UJ 33 % May Corp Distillers York 22 May 1 a 8% a8% 22% 22% 400 21% Jun 24 Va Jan 11% 12% 3 030 11% Jan 15 Va 1 Corp RR (Un)__• • Prod Apr 8c 9c 8c Jun 14c Jan 16% May 21% Mar (Un) Central 16% Mar Nordon Corporation Ltd 100 2, *)0 8% May 9% North Amer 10% Jan American Co (Un) 10 Rl7% 18% XuJ 18% Jan North American Oil Cons 10 18 18% 475 41 Feb 8% 9 230 17% Jan Exchange 22% 25c 30c 1,100 20c Jan 50c 1.85 2.00 12,2)0 6c 7c 39,650 6c Jun a31% a33% 122 31% Jan 475 26% Mar Aviation Pacific Occidental Inc (Un)_. Railway Petroleum Co Week's Sales Last Range for Week Sale Price of Prices Shares • Corp Par Alaska Corp 1 Juneau Alleghany Gold Corporation Allis-Chalmers Airlines American Power Radiator & Light Co. St (Un) Co San American ' Viscose Corp Woolen Anaconda Armco Armour & (111) .'Atlantic Refining Avco Co Locomotive Petroleum Fe o 2,994 8% 9 600 5 87'8 100 (Un) all0% Borg-Warner — 161% May 1 10 10% Mar 17% Feb Rexall Jun 12% Apr 7% 16% Apr 16Va 18 1,630 16% Jun 20 Feb Richfield 25c Jan 40c Apr Ryan 10 Feb Jan 13 % May 46 May 15% May 2(4 Jan Schenley 25c 200 11 % 2,010 42 10 % Mar 1 1(4 6,000 34% 36'/» 1,935 31% Jan 39% Jun Sears Roebuck & 12 13 1,100 11% Apr 1574 Jun __ __ 8Vb 7(4 29(4 29l/8 100 55/8 __ 6(4 6% 5,550 a4878 a64(4 87/8 3,750 a49 7% 25% o2 a633/8 a693/8 Jan Jan 47/« Mar 50 9 % May 30% 8 Apr May Feb 51% Mar 2,374 56% Feb 70% 1,489 7% Jan 10% Mar 12% Jan a213/8 a2174 50 : Packing Corp common—--0 Aircraft (Un)_. Company ---1 117 40 Mar 16(4 2,860 14 Mar (Un) 10 Gas Commonwealth Cons Chollar Consolidated 25 (Un; of (Del) America Zellerbach CUTtiss-Wright 'Un> (Un> (Un) __5 Inc—, 1 —1 Electric de Nemours Bond Co Co Corp Stores Garrett Electric Co General Foods A Motors General Public Corp Util Rubber Graham-Paige Greyhound Hancock Oil Hilton Holly Co Hudson (Un) (Un) of Calif class Hotels Corp Development Motor Car Hunt Foods, 15% ___* Ry Cn pfd (Un) Corp 85% 5 25 A_ 1 • 3 " __5 Co Company Inc For footnotes see page 45. i 12.50 6.66% 110 7 350 3 33% 36 % 4,713 a86% 1 a24% ■ — 1.70 — __ Jan 38 % Jun 18 % 20 1,790 6% 1,042 5% Feb 60 20% Jan 52 %c 52 %c 11% Jan 25 Mar 7% May 25% 1,500 48c 41 44 2,353 37% Feb 48 % 5 % 42% 6 2,725 5% Jan 6% 360 30% Jan Mar 30% 30% 8% 8% 200 7% Mar 34% 33% 35 % 2,259 30% Mar 19% 5 Co Jan 23% 6 1.75 1 18% • Company Feb 5% a23 (4 a24% 1 (Un) 9% Jun 44% 18 32 60c Jun Jun 36% May Apr Feb 9% May 35 Va Jun 1,005 18 Jun 21% Feb 43 ' 46 1,449 41% Feb 47% Jun 41 41 % 490 35 Feb 43% May Signal Petroleum Co of Calif 1 9,7 00 16c Sinclair • 25 26% 5,163 22 Jan 28% May 2,946 16 Feb 21% Oil 25c • Corp 51% 4c Mar 9c Apr 31% Feb 58 Jun 36 Jan 55 Jun 25% 38c Apr Mar 18% Jun Socony-Vacuum Oil Co Inc (Un)_ "IlB 19% 19% Jun Solar Aircraft Company —1 Southern Calif Edison Co Ltd com— —29 13% 13% 165 13% Jun 16 % May 33 32% 35% 3,534 32% Jun 36% Jun 40% May 17% Jun Apr 43% Jan 42 Jun 18% May 4.32% Calif Gas Co 6% 4,228 6774 Feb 76% Jan 3% Jun 4% Jun pfd— 26% 26% 210 26% Jan 28 % May -25 preferred Southern 20 % -28 preferred 4.48% 70% 30% 30 % 104 29% Jan 31 Va Jun 25 357b 35% 252 34% 35% 35 3 4 319 34% Jan 36% Mar 177'4 20% 1,845 16% Jun 22% Feb 36 May Feb 3% 100 16(4 315 a30% a31% 275 .M;, 15% Mar 11% 17 Feb May 30% Jan 50c 100 50c Jun 30 375 27(4 Jan 6% preferred class Calif Southern Standard Oil 19(4 Standard Oil Co Oil Co Studebaker Corporation Jan 2 130 86.3 10% Jan 260 6% Jan 17% May 7% Apr Texas a67% a6778 C5 55% Jan 65% May Texas Textron 8% 12 8% a21% a2i% 229 11% Jun 14 50 29% Jan % Jan 22% Jan 23% May & 3J% Feb 25 21 Jan 24 67% 3,020 61 Jan 72% a46% a47% 180 42% Jan 50 Jun a72% a71% a76Vs 302 66% Jan 79% Jun 20% 20% 365 20% Jun 23 % 66% • (Un) May Jun Apr —1 29% 28% 32 Vb 2,741 26% Jan 35 Vb May 1 preferred class B Company (Un) (Un) Sulphur Co 220 66 % (Un) 12 % 12 Vb 12% 5,590 10% Jan 13% —_26 a21% a21% 25 a35 Vb a35% Company Gulf a33 a35 % a207/a a20% 25 (Un) • preferred 50 45 19% Jan 23 Va Apr Apr 37 Va Apr 68 720 60% Feb 71% Jun 71 * 36 % May 65% 25 May 9% Apr 12 Inc Jun 57% May 38% May 71 149 71 Jun 72% Apr 14% al4% 50 71 35 975 4%% Swift 13% Mar Jun a47% Sunray Oil Corp common 6% Jun 50 • (Un)__ J) 1.05 33% May 26(4 Jan 11% 2,228 25 (Un) Stone & Webster 1,844 52% a20% Calif (Ind) (N 12% 50 (Un) 32% Mar 16% 11% of 11 '/a 51% • Railway Company Co 11% • Brands Inc Jan 18% B Company Southern 2"% a3354 a3354 2 Corp— Standard 21 19% Mar ._25 A— Petroleum 19% May 14(4 Apr 6% Jan Incorporated a .10 Transamerica 776 72% 79% May Tri-Continental 260 lfi% Mar 19(4 Jan Twentieth a73% a77% 1.017 61% Mar 83% 16% 15 Vb Mar Jan 30 4,893 26% '14% Jan 19 754 15% Jun 20.% 2,150 16% 23 15 Va Mar May May ' • 1574 16% _1 9s/a 9% 393 8% Jan 11% Apr Jun 19 19 475 18% Jun 25 % Jan 45 47 835 42% Jan 50% May 25 % Alr_ Jun 17 27% 2 Corporation & Western Transcontinental 7?% 17% 23 (4 Mar 12% 17 100 13% 1,127 55c67'4c 400 10o 9(4 Jan Jun 12% Jun 37r Jan 9% Feb 14 % Corp (Un) Century-Fox Film May 87(4c May 10% Mar .29 Pacific Railroad Union United Aircraft United Air Lines 18% 19% 500 15% Jan 21% May 48% 1,030 42% Jan 50 % May 2r0 United Gas 49% Jan 51% May 98% Jun United Paramount United States 85 93% 7,223 a86% a"2% 69% Jan 640 15% Jun 250 17 22% Feb 115 88% May 50% 385 44% Jan 1% 1% DO 1% Jun 70 34% Jun 754 974 Jun a24% a34% 9% 115% 121% 12% 405 12% 1,482 101 18(4 Mar 29 Jun 88% May 55% May 2% Feb 42% Jan 11% Jan 130 Jun Inc 13% May Corporation 264 85 Feb 87% May a28 a29% °°9 26% Jan 31% Apr • 350 14 Jun 17% Apr (Un)__ 10 United (Un) 14 14 14% 24% May 10 Thea Rubber Steel States Universal 4 com Co (Un) Corp Consolidated (Un)__l 16% al6% a Co 601 3% Jan 17% 642 16% Jun 167 a al7 VB 100 l^a/a Mar 41% 344 32 34% 8,216 48 53 41 % 10 ,* Oil 4 Vb 16% 1 (Un) 27% Jan 1 38% Jan 4% Jun 19 % Mar 23 Jan 45 V8 May 25% Jan 37 Jun 40% Feb 58 Apr Van de Kamp's H D Bakeries * 16% 16 16 Vb 495 12% Jan 17 Warner Bros Pictures Inc 0 12 Vb 12 12% 950 12 Jun 16 Va 4 > 23% Mar Apr 1 West Kentucky Coal Western Air Union Tel Co Lines Westinghouse Elec Co Apr Willys-Overland 2~5 13% Feb 17 Apr Woolworth 11% 11% 550 9% Jan 14(4 Jun Zenda Gold Mining Co_ Motors Co a 18% al9% 30 18 % Apr 77 b 500 7% Jun 7% 9% Jan Feb a27 a27% 170 21 % Jan 30% May 34% 2 921 30% Jan 36 Jun 7 Feb • a27% (Un)—12.50 32% 31% 5% 6 2,000 10 46 Va 46 V8 48 593 46 Vb Jun 49% 100 12c 12c * 13c 14,000 2%c Jan 17c ""Apr (Un) Corp 2 3lo W) — 1 1 30 (F (Un) Inc 14% 2.10 3,973 a81% a847/8 a29 (Del) 1.70 Feb 26% a81% Corporation 14% 1.55 26% 50 (Un)— 5 (Un) ' United Western Mar 11% Mar Co Corporation 44% 15% (Un). L* a48% a49% 9% 115% 20 Jun % 24 Jun 48% 1% 35% 1 Co 2*% Co common—* Motor^Corp Great Northern a48% 10 (Un) Gladding McBean & Co Goodrich <B F) Company Goodyear Tire & 46% • common Corp — • (Un) 6%, 3% 33c Pacific 9(4 __ 2 (Un) Corporation General 12% 1 A Apr 6% 3% 25c southern 17 i class Corporation General Ltd 23 220 Southern 17 —-4 : Exeter Oil Company Ltd Fitzsimmons Jan Jun 1,200 Apr 78(4 a75% 12% 20% Mar - 6 760 Jun 17 5 Jun 5,234 18% 12 4c 5(4 79(4 5 (Un) 36 55 83% • <fc Share & Products — Feb 52 «4 Jan 35 ., 51 26% 4c Jan 50c Industries Inc Electrical __ 44% Mar 759 48 15% — 378 210 18% • Corp 4 5,115 11% Jan 97h 49% 50c — ,63 '/a 15(4 30 a67% 8% 9 45 B 1,475 12% — 18% Mar * Trading Class 3,610 12(4 22(4 21% Jun Jun Jan ^33 50c _5 A Pont a30% Feb 14% —1 Signal Oil & Gas Co class A 77 1,045 al6 al6% <Un)_.• common Douglas Aircraft Co Inc du 41% 17% 501 47 Vb 15 5(4 533 • 3% 12% 1 (Uni___ Corp Corp 75 Sierra 1,175 - a31% a3474 • (Un) Finance 16 70% 1 Aircraft Corp 9% 49 % 0 Co 41V2 16(4 __ • 1 Creameries Dresser 70% Mining—1 Y N Vultee Co Paper 69 * Engineering Corp Oil Class? • Un) (Un) Sav of Motors Continental Crown Co & Edison Consolidated Continental Edison Gould Consolidated (Un) Corp ( Apr 15 Company Industries 4% __ • com 19% 25 Standard System Commercial Solvents Regis 40 5(4 1 ; Colorado Fuel & Iron Con# Columbia St 15(4 — __ 25 Clary Multiplier Corp • a42 15% a38 a393/4 1 21 % May a39% __ 10 Chrysler Corp • __ 25 25 Corp Feb 18% 14% Shell Oil Co 1 2,611 Products 11 Company Aeronautical 35% 8% Caterpillar Tractor Co Jan Jun 1 200 16'/2 Pacific Ry Co (Un»__ (J I) Company fUm Apr 4% Jun • 2j0 774 Canadian 55% 3% 8 Company 43 Va 147/b Co Feb Mar 762 Corporation 12-a __ 15 Oil Oil 123/8 __ _5 ■—---5 62 50 (4 a52% a Jun 29% May 745 Safeway Stores Inc Jun 25c 10% Ranch Seaboard (Un) 293 a5074 2.50 Rice 2 1 68 3% Inc Jan • 2 Jan Manufacturing Co 3% 43'/8 . Gas & Drug 5,2o0 _50c (Un) Cities Service Co Oil Rheem 6% 5 ; 61% -——* 6>/a —5 (Un) 28% May 28 Va Jan 29 100 8% of America (Un) Radio-Keith-Orpbeum Corp (Un) 9% 160 2874 8% (Un) Apr 10 Jun 34 Va May Jan l 9% 100 35% 32 % 50 Jan 350 Feb 31% Mar 220 200 (Un) 5% 10 22% 2,610 3% Republic Pictures Corp (Un) Republic Steel Corporation (Un) Jun Jun 4 33 34 3 29 33(40 Corp Jun Jun 6574 • Jun 120 8% Certain-teed Co 7c 35% 29 Radio Corp Apr Oil 3.00 Mar 34% Mar • (Un) Dodge Pure 20 Jan Apr May (Un)„1 54% 1074 a Inc Phelps Jan 6 V« 10% (Un) 10 9V4 Pictures 300 20% 1.40 May 65% (Un) Airways Feb 920 a Co 3 4%. 33 287/B 1,120 10 Jan 100 7l/8 — Car World 15% a 25 A__ 70% Mar 157/8 Cessna Paramount 20 32% 25 class 37% 853 1 Case f Motor American Jan 8 pfd Indemnity Company Pacific Lighting Corp common Pan 20 32% 25 redeemable Packard 3274 10 Pacific Jan 2D% . 1 1st 32% 20 common 32 va • Jackson 4.80% 5% Corp of Calif Elec & preferred 33% May 39% Jun • Byron Gas 5 (4 "'0. 104% a50Va 13 (Un) California Finance Pacific (Un) Broadway Dept Store Co Pacific Pennsylvania RR Co Pepsi-Cola Co (Un) Budd • • Company (Un) Company (Un) 315 674 *, 100 Corp Corp al08%all5% 3 Co Steel Corp Co Company 70% Mar Mar Corporation Airplane Co (Unt ' I-orden 45 23V4 Oil Reserve Oil ' a777s a77% i* Diamond Oil 3,523 28 (Un) Blue Chica 16% May 55% Feb Jan 54% May 14b Va Jan 575 25 Bishop Bolsa 21 13% 135 1.414 Appliances Inc Benguet Consol Mining (Uni__ Boeing 19% Mar 822 30% Home Bethlehem 250 15 24'A (Un) Works Corp Mar 207b 37 V8 20c Aviation Apr 35 Oil Co Bendix 12 153 __ Ohio 35% Mar Jan 28% Bros Corp common Barnhart-Morrow Consolidated Bendix Jan 9% 29 Barker Basin 31% 800 a51 a52% 150% 6c 8 Jan Jun 436 107b 35% Baltimore & Ohio RR (Un) Bandinl a77% • (Un) Manufacturing Corp Baldwin 153 (Un) 4 2% 32Va 1.85 - Edison Jan 605 10 Atch Topeka & Santa Fe Ry Apr 3% Jun (Un)_30 Co High 38% 2% 14 14 (Un) Company 27/8 27% Mar 1974 __ __ 100 (Un) Mining Corp * (Un)__* (Un) Co Copper Steel __ 200 (Uni__* American Smelt & Refining Co American Tel & Tel Co (Un) American _! • _1 853 2% 974 1 (Un) Low 32% 32 Va __ ; 1 Rights High 30 274 274 -10 (Un) Inc & Co (Un) Mfg Co American rAmer Mining Low 30 Vb 14% 1 Ohio Range Since January 1 14% 1 Oceanic Oil Co Friday Feb 52 (Un)_10Q Northern Los Angeles Stock STOCKS Jan Jun 8 Jan North Admiral Jan Jan a30 Vb a30V« * • Inc % 2% 2'/a —• Co 17% 72 %c 72 Vac 2% 1 (Un) Light aT 100 1774 _1 Co 850 28% : -- Co. Company & Ward & 450 1.0 J common. 1 Co 9 a321% a321% — 1 Utilities Power 9 5% ■ . I (Un) Petroleum Montgomery Mt 100 Company 10 Va —— 20 Co Manufacturing Merchants 17 % May • Investment 8% - 1 Wayne Screw Products Wire 1,005 6% 1 (Un) 9 ■ __ 4 Distributors & 47% Jan 1 common- 30% May 38% Mar 6% 100 3% 5 Spring Co Jun _ United States Radiator . 12 % 30 Jan Corporation Shirt 60 12% May 3% Apr 25% Mar 11 4 1% Udylite Investment a41 a44% a41 • ZI-Z7 2% .1 _ Jan 20 51 20 34 L1 _ _ Jan 2.10 High 41% May 7%c Jan a547/8 735 _10 common 9% 8,037 a28 (Un) 1,595 1 class 5,485 3 Va a28 7.50 Laclede Gas Company (Un). Company Llbby McNeil & Llbby (Un) Petroleum May 11% 2.90 Lane-Wells Lincoln Jan 2c 10% — 2 Timken-Detroit Axle Young Apr 25% 35% 2.95 * (Un) (Un) 22 _ _ _ 14,000 10% (Un) 1% 2V2 _ 200 3c .10 Can 1 _ Low 38 3c 33 %c Corp of 20% Manufacturing United 2% Jan 23 27b 3 Vb Range Since January | High 38 ' 1 Corp & Light Co <Un)_. .8.75 Power Menasco Scotten-Dillon Union Kansas 37 a 3% 72 „ _ __ Kaiser-Frazer Feb 2% 3 1 — _ _• _ 18% Feb 3% 3% £ common Mfg 16% — .. Manufacturing Soss 18% 1 _2 . . 42 Jan 1% 200 5 Petroleum 2 Va 1% May 6..0 . >. 5 Products Ryerson & Haynes Sheller 1% 24 1 Metal Raisin Standard 3% Mar 40 • Brewing Motors River 300 1% Chemical Rudy 3% 39% Motor Car Peninsular 100 26V 3Va 5 __ Sales Jan 26 1 Welding Stamping common Pfeiffer Co 3% 1% Electric Packard RR 15% 39% Products Corporation National Central 6 Va _ Wheel Shares Low 100 330 10 — *f Prices Par 16 % 17 a __ for Week ■ml* Prlee f High Apr 1 Kresge Co (S S) Lansing Stamping National Loto 12% 3% 26 Range " High 539 6% 1 Week's Last 15, 3% Murray f Friday STOCKS Range Sine* January 1 14 1 King-Seeley Motor 30 % ' 1 . Hudson Motor Car Masco JUNE 13% _ _ Kaiser-Frazer Kinsel EXCHANGES ENDED 141/2 —2% Electric Motors WEEK Sales Last Sale Price FOR 37 Inc (Un) (Un)__—1 5% Mar Feb ' 30 The Commercial and Financial Chronicle (30) OTHER STOCK RANGE FOR WEEK . JUNE 88 Week's SaJee Last Range for Week Sal* Friea •f Price* Shares Friday Par (Un) Co Gliddea CHICAGO 3, ILL. 105 SO. LA SALLE ST. Co Gossard Low 7S5 24% 50% 52 250 44% Jan 11 11% 700 _ 10 V. Mav ..1 (Un) Graham-Paige Motors ; 31% Jan n H1 High. Low 27% -t (W Raags Siaas Janaary 1 High 25% J Goodyear Tire A Rubber Co Telephoa* Central 6-0780 Monday, July 3-1950 . EXCHANCES ENDED 8TOOR8 DAYTON & GERNON . 1% 1 %' 1% 700 • May 55% Jun Feb Jun"2% 1% 1378 Feb Members: Midwest Stock Exchange Great Lukes Towing • • 100 common 10% 750 14% 14% 15* 750 28 23 23 11 Gray Drug Stores Great Lakes Dredge A Dock Chicago Board or Trade \ 10% 10% " 11%- Jan 10% Jun 1434 Apr 16 Jan 75 25 Jan 23% Jun 11% 1,100 II Apr 12% Jan Jan ' MIDWESTERN LISTED AND UNLISTED SECURITIES Greif Bros Cooperage class A— Greyhound MINNEAPOLIS LaCROSSE MADISON EAU Co Griesedieck Western Co Harnischfeger Heillman Midwest Stock Exchange Last Range Shares Friday ' Par Abbott Acme Laboratories Steel Admiral Aluminum 49 Low High 50% 610 44% Apr High 54% Akron Brass % Alleghany Allied 1 Mfg Corp 22 340 19% Jan 23% May 33 1.625 17% Jan 39 6% 6% 6% 550 8% Jaa 6% 650 6% Jun 10 % 10% 33 32% 50c (Unj 3% Investment American Rad American Tel & (HI) Stand A Tel 9% 10 p, American Airlines (Ua) 11% 3% Jun 10% 2,500 200 2% 35 Jan 3 Hydraulic Press Brick $6 pfd__ Illinois Brick Anaconda Jan & Armour Asbestos Mining (Un) Co 12% Apr 4 May 4 Co Inland RR Power $1.20 Atch 150 Interlake 9% International Paper Shoe International Tel Iowa Gas 13 ¥2 Jan 156% 1,400 146 % Jan 16 ¥2 May 161 ¥4 May 3,600 643 Apr 28% 31% 1,780 27% Mar 33 ¥4 May 34 37 ¥4 1,700 27% Jun 39¥8 10% 3,200 7% Jan 10% Apr 1 1% 2,150 1 Jun l¥4 Apr 22 23% 1,050 22 Jun 25 8% 9 1 1 Automatic Avco 1 (Un> Corp — Binks Corp Power Johnson & Eorg LaUghlin W> Borg-Warner Brach & (Un» Brown & Brown Shoe Bruce Kansas Katz & (E Co Bros Pont Jun 16 ¥• Jun 270 11% 11% 1 14 29% 29% 100 19% 12% 9% 9 % 1513 3 2% 150 11 1,920 16% 1,470 3 950 36% Mar 17% Jun Mar 16% Jan 44 Va Jun 19% Mar 18% Jun 34 Feb Jan 20 Apr 12% 17% Jun 3% Jan 9 2% Jun 3% 300 13% 14% 2,200 2% 1;000 21% 1,300 19% Jun 22 15 16% 1,000 15 Jun 187/a May 3% Mar 13% Jun 2% Mar 5 Mar 16 ¥4 Mar Jan Mav _9% " 25% 26 3 1,400 25% Jun 30% 13% 1,300 11% Jun 15 Apr 65% * • 65% 250 64% Jan 67 Apr 9% 10% 1,160 7% Jan 11% Jun 90 701 a 97 69% 77% Jan 155 90 Jun 100 Apr 6,700 63 Jan 81 Jun 71% 76% 170 67% 31% 370 30% Jun 14 Apr 17% Jun 73% Jan 81% Jun 42% Jun 47 Va 29 1 16 15% 16% 4.500 79% 79% 81% 800 * Feb 80 y8 May 34 Mar 1 (Un; 25% 25% 120 25 ¥a Jun 31% 31% 430 31 ¥a Jun 37% Mar 5 (Un) 44% 25 25% 400 20% Jan 26 430 • 12% 12% 13% 2,700 29 30% 30 % 31% 5,400 15 15% 600 (Un)^_l • 20 • 313 ^ Feb 29% Jan 33 y« Mar 127/a Mar 17% May 14% May 20% 7 17 Jan 25 May 30% 5 25% Jan 36 May 34% 2,300 31% Jun 35% 6% 1,600 Jun 7% 6 1 8% 5 Corp 11% 20 24% 10 Apr May 31% 25 26 8% 6 500 24% Jun 1,172 7% Jan Jan 5 7% 200 7 ¥4 6% 6% 250 5% Mar 29% 31 V« 245 9% Apr Jan Apr 8% May 8% Apr 29% Jun 36% 1.200 3y2 Jan 54% Jan 5% May 71% Jun 61 Jan Feb A 1 4% Nemours (Un) 5 (Un) 75 10 Manufacturing & 4% 67% 428 74 78% 2.400 85 y* Jun 860 43 Vs Mar 48% 33% 310 29 Feb 35 May 84 31 78% Mar 90 Jan 100 36 90 Jun 104 16% Jun 22 Jan 8% Jun 10% Mar * 90 90 i 16% 16% _* Falstaff Brewing Corp Connell 38%' 189 37 Jun 3% 500 3 - -r V & Dock Flour Mills Four-Wheel ; America Drive 8% 17% 8% 10 5 765 8% 50 10% 150 10 5% 6 1 i/4 Fox (Peter) Brewing Leath A Llbby McNeil Co Lincoln 8% 8% 1.650 200 General Amer Transportation 1 General Box Corporation General Candy I_i ""5 14% 14% 60 „• 44% 48 % 5,000 7% 7% 200 Corp , General Electric Co (Un) 1 General Finance Corp ; General Motors Corp Jun 26 28 27 23 145 21 Mar General Puhilc Gibson Refrigerator Co i Gillette Safety 7% — 8% For footnotes see nacre May Jan 15% May Jan 42% May 14 Jan 17 Apr 9% 41% Jun 300 4% Jan 23% Jan 33% Mar 1,200 37% Jan 42% 300 32% Jan 34 % 1.400 31 39% - — 10% 34 % 1.400 25% Jun 29 3 Jun -- Jun 4 May Mar 47% Jun 39% 1.300 38% May 46% Jan 11% 11 12% 3.100 11 Jun 16 Apr 26 ¥1 25 3 4 23% 2.400 25% Jun 30% Mar 19% 22 V8 5.400 19% Jun 23% Mar 6% 150 6% Jun 7% Mar 16% 450 Jun 13% Mar Shoe...* 75 45 33% 6! -- 16 , 7% 38 855 3 10 May 5 48 % 48 % 30 1% 1% 200 Apr 12 Mar 5 Apr 6% Jun 8% Jun 10% Xl4 180 7% Mar 10 Jan 17 1.050 13 y8 May 13 % Jun 3.050 11 ¥4 18% May 1% 14 41% Jan Jun May Jan Co : 4% 600 4 ¥2 Mar 6% Jan 1% ' -- 2 800 1% 2% Feb 13 5 4 6 10 Co common Jun 14 6 % 12 % 300 7 3.31) 6% Jun 15% May 7% Jan 1.300 10 ¥4 Jan 13Va Apr Jan 17 Jun 52% Mar 1% Jun 15% Feb 50% May Co 16% 450 7% 2.100 7% Jan 650 19% Jan 23% Apr 3% May 4% Apr Jun 7 % 1 common..... • Field (Arthur G) McKee Medusa 20% 20% 21 200 Mlckelberry's West Inc Portland Chemical $3.50 Tile York New 23 Apr 31 Jan 49% Jan 60 Jun 6% 6% Cement Co 20% Apr Jan 2% Jun 5 25 25 25 25 % 512- 1.350 5% Jun 100 12% Jan 14% 900 17 ¥2 Jan 19 % Apr 1.1Q0 22 % Jan 23% Jun 18 23 % 12% 18% 23 26 3% 32% 53% 32 % 53% 561 8% Jun 4.000 19% 6.490 26% 26% 27% 5% 12% 12% 14% 14% 15 37 18 1 Corp 8% * Northern States Power ■_ Co 18 10% 10% 11% 32% 2% 17% 15% 33% Oil (Un) • 31% 34 (Un) • 3% (Un)_2% 8% 5 Patterson-Sargent Co —3 .33 %c Radio Rath Corp Service Co —— Corp (Un), Corp of River 33% Louis St Louis com Co Jan 98% Jun Serrick Corp class B common 16% 15% 16% 769 15% Jun 18% Feb Bheilmar common new_^__ convertible preferred 1.250 7 Vs Apr 10% Feb Blgnode 1,500 33% Jan 42% Jun Sinclair Oorp Steel Strapping Oorp Oil Jan 7¥2 May 18% Jun 15 % Apr 2.700 14% Jun 18% Mar 733 116% Jun 139% May 6,700 2% Jun 2,200 8% Jan 400 4 4 10% 13% 200 11~~-; Feb 4% 12 Jun Mar 13% Jun 9% Apr 7% 3 300 6% 8% 100 7¥a Mar 28% 1.700 26% Jun 30 Apr 32% 35 1,600 26 ya Feb 36 Jun Apr Jan 10% May 12 ¥4 Jan 23 ¥4 100 25% Jun 28 11% Jun 14% Mar 35 33% 36% 3.600 23 ¥a Jan 38% 6 6% 800 40% 40 41% 750 6% 100 6V2 6% 5% 40 Feb Ju« Apr Feb Jun 7 ¥2 May 46% Jan Jan 7 26% Mar 25% 900 23% 23 23 100 23 May 42 ¥4 23% * 42% 37 40 Jan 46% Apr 5 Va 5% 4.900 Jan 6% Jan 31 32% 1.000 26 ¥4 Mar 29% Mar 23 3 a • ~5% 31 32% 35% 1.000 10% 10% 400 44% 43 47% 10 14% 4% Jun 24 Mar 34% May 35% Jun 10 Apr 12 Jan 1,711 41% Jaa 48% Jun 1.000 %4% Jun of 68 V4 8% 24 Apr • & Co 5,400 40% Jun 5% 1 93% 7% 19% 500 222 1% (Uni Co 86 35% Jan 15.900 • Service A Investment Prod 26% 12 • Schenley Industries Louis Jun 20% 10 Stockyards Schwitzer-Cummins St Jan 22 25% 5 Electric Co Securities Feb 21% A Power National Sears Roebuck 11 Feb 13 18% 2% Co delivered Public Jun 11% • St Louis Car Co St Jan Apr 25% • • Paper St Joseph Light 4% 3% 3 17% 50c (Un) Co Bros Feb 10 America Rand Raisin Apr 36% May 8% 7% 1 (Ind) (Un) Republic Steel Corp (Un) Rexall Drug (Un) Rtchman 15% 9 Apr 6% 35% Apr May 26% —-—1 _ Co Packing Co Remington 17 1474 13% —2.50 (The) Car 9% 13% Jun Mar 300 67a 116% 128 3 Jan 350 23 2% Steel Oil 15 119 i Pepsi-Cola Co (Un) 35 23 6% 19 26% Mar 850 22 33 ¥2 2% Mar 6.000 16% 50 100 Peoples Gas Light A Coke Public 6% 25 Pennsylvania RR 3% 13 Jan Jan 30% 574 19% 22% 22 —* Peabody Coal Co common 5% prior preferred 3 Jun 10 Va 1.800 1,405 8% 3% 18% 1 Co 4 9% Mar 25"a 6.300 3% 30% 2134 Mar 10% 20 13% 42 Feb 16 600 17 % Jun Jan Jun 8% 5.600 29% 17% 3% (Un) Apr 24 Va 30 7 8 Pan American World Airways Jun 15 200 29% - Circle Jaa 1.000 13% Pressed ll¥a 1.250 I Potter Co 500 May 5% 3% 8 w 29% May Feb 16% May Co—: Rights Jan 3 ¥2 12% Mar Edison Pictures 24% 700 1.300 Ohio Motor Car 300 * Co Warrants 22 • (Minn; Bancorooration 11% May 16% Mar 19'% 18 (Un) Mar 41 37 10 Aviation Apr 61% May 10% • 3% 38 Apr 3% 4 Feb Jun 17% 4 Jan 53% 9% .1 May 7 32% 13% — (Un) 2% Mar 29 30 5 20 Pen 15 Jan 900 10 RR 23 4 50c (Un) Mfg— Shoe 100 6 12% 3% * common Corp & Jun Co Parker Feb May 2% Car Paramount 11% 16% American Packard 19 200 American Co Jan Jun 580 North Mfg 9 2% North Oak 15 ¥2 Jun 17% * Central Eush 100 1.000 7% 2% American Nunn 5% May 16% common new Illinois 1.000 9% 9 North Northern 7% 18 13 9% 1 National Standard National 100 400 10 preference Company 28 59 I Montgomery Ward A Co Muter 28 * vtc common Minneapolis Brewing Co Missouri 28% 5 preferred prior Jan * Corp Hart 23% 1,200 57 _1 Piping & Supply— Miller & 27 "a 28 * Products Utilities 25% 57 4 Co South Midwest 1 Food Middle 25 % 8% Mar • Brick Blanke Meyer 14 * class B Cement Portland Metropolitan $1 Co A 87% Jun Jun 12% 16 7 7% 8 13 11% • w Llbby. A 1 6% May Apr 4% 1 Jan 46 16 16 % 16% 17 xl4 33 %c 2 16 8 • • Marshall l 45. 30 300 29% 41 Co Printing "• Razor Apr May a 200 41% (Un) 5 Utilities 4% 700 I 5% ^ Jan 43 287 20 Shinkle & 10 common Jan 100 • (Un) Lonergan Mfg class B Sangamo I Jun Jun Electric— A Sessions & When Inc_—IIII Auto 8% 13% ' Dredge Co of 1% 27 ■ ; 6% Mar 27 34 % Co(Un) Gas May 43% 2 Mfg 45% 30% 80 Co (The) Controller 4% 65% £5 de Laclede Pure to class - — 28 1 Laclede-Christy Perfect 7% 6% 30 Jun Corp— Corp Jun 37 33 ¥2 • Light Monarch Apr 29% 50 Finance 12% Ohio 42% i changed 100 34% Co Northwest 30% common _ 26% Mar 12% 25% Light Nash-Kelvlnator 2% 11% 25% 1 (Un) 24% May 12% -- 7.50 (Un) Tel Kropp Forge Co Monroe 19% 15 25 Aircraft Jan Jan 300 26%> * Jun 14% Mar May 2 % * vtc 19'% 230 13% Mar 3% 13% 1 common & 18% 15% Inc Vultee I) Jun 29 44% Feb • System 25 % May 22% 21 ¥4 7% • Switchboard common Middle 150 Edison Credit Simons 18 12% Illuminating Co Eddy Paper Corp Fitz Feb 57 " ; 14 • Eastman Kodak Electric 115 73 ¥4 May ; ' Eaton 13¥4 Mar Jun Inc Gas (E Jun Feb Dow Chemical Co Du 11% 46 Detroit & Cleveland Nav (Un) < 500 12% (Un) Iron (The) Domestic 12% 55% 50c \ Dodge Mfg Corp Name 39 ¥4 1,405 Co Curtiss-Wright Corp (Un> - Jan 17% ; Crane . 30% 10 Continental Motors Domestic 2,200 lo Graphite Bronze Doehler-Jarvis Jun 36 % 16% Preferred ... Feb 150 Consumers Power ,* 6% 1,950 Corp.- Commonwealth , l3/4 Mar Jun 43% Co Co Jun 4% 1.450 common Electric Consumers 1 1,150 15% 2¥a Consolidated 1,900 5 23 preferred Foods Apr 1% 4% 47% 1 Products Cliffs Columbia Jun 47¥4 69% $4.50 preferred Coleman 18 ¥» Jan 46 8 Chrysler Corp Clinton Jan 14% . Convertible preferred Chicago Mil St Paul & Pac Cleveland 11% 35 ¥4 17% (rJn) Chicago Towel Co . Feb 150 800 * Chesapeake & Ohio (Un) Chicago Corp common Cleveland 37 ¥2 16% 44 % 63% 1 Cleveland Apr 46 Central 111 Secur Corp common Service 9¥« Jan 2% Brewing Corp Products Jan 63 % 9 City 400 5% 33 ¥4 Feb Central & South West Corp Cities 6,400 Jan 16% Carr-Consol Biscuit Convertible 7% 35% 2 ¥» __15 common Certain-teed 6% May- 15% _1 Pacific Centlivre 1 14 (Ft Canadian 150 • Manufacturing Burton-Dixie Corp Butler 1% 14% (Uni Burkhart 1 ¥a Knapp Jun 5 L) Jan 150 6¥4 Mar lo Inc 400 1,350 • Power A Drug 26 ¥a May 121 y8 11% 2¥2 Bigelow Co Budd Inc. Corp (E J) Co Jan 34% Corp Sons Feb 4% 1 4% 1 (George 23 7% 7% • Co A Stephens Kellogg 15% 1 Mfg Co Bliss 23:% 12 delivered When 25% May 41 10 PI (Unt__. 21 22 - 14 % Harvester Illinois Lamson 0 Steel Jun 103 % 650 34% 6% < Aviation Bethlehem 24% 323 5% - • Benquet Cons Mining Co Berghoff Brewing Corp 1,400 115% 5 3 Bastlan-Blessing Co Beiden Mfg Co Bendix 24% 109 4 Washer Mfg 2218 100 ___! T 11% 18 23% — Jun com Fe Corp Jun 39 Steamship Co International 29% _* Santa & Products 12% Jan Iowa pfd conv Topeka Jun. 11% Kelley Island Lime A Transport Athey 9% 14 • 38% May 34% Co Refining Co 11.500 36 Steel Jun 50 5 Manufacturing Feb 11% 11% • Light A Jan 2,100 14% (111) Ashland Oil & 31'% 14 Tool Pneumatic 26% 22% Mar 13% (CJni 12% Jun 36 Vs Indiana Steel Products it) Copper Armco Steel Jun 23% loo 7% • W: 9% 650 10 Central 2% • ,.50 Co Illinois Independent Apr (Un)—* 150 'u 850 25 1 Jan 12 21 100 100 Bartlett Spencer 6% Jan 20% Co 2 Huttig Sash & Door (new) common_10 Apr 20 10% 1 San ' Hupp Corp International • American 2% i Laboratories I 3 (Walter E) Indianapolis Affiliated Gas Equipment common 1,775 Jan 20% 29% Ball & Roller Bearm#_ Aetna 18 10 Com Werner Hlbbard Range Since Janaary 1 6% ——5 Castings. 10 1 Corp common Brewing Co (G) Heller & Co 29 Va 10 Corp Advanced Low 9 Co Heln for Week •f Prices 9% 25%' 9% 23 3 4 Sales Bala Prle« 1 ; Instrument Co Hammond STOCKS 23 3 4 9% 9% 3 2 Brewery CLAIRE Hallicrafters Week's (Un) 17% Jun 14% 14% 100 97 97 70 95% May 98 1 12 12 200 11 Apr 13 300 25 Jur. 31% Mav 12 Yb Jan 15% May 22 Jan 28¥2 May • 257a 25 28% * 14% 14% 15 1,300 • 25% 24% 26% 4,900 * • Apr Jun Number 4921 Volume 172 . . The Commercial and Financial Chronicle . (39) 39 OTHER STOCK EXCHANGES RANGE Week'* Friday STOCKS Range Bend Southern Shares Indiana Low id 5 Co Southern (Un) Works Lathe & 19 3e Low 19 20% 5,700 18 . 18% San Francisco Stock 11% 11% 12 21 21 21% Friday 16 21 Ye 18% Jun Ve Jun 233/4 Spiegel Pacific Co .2 Inc Standard Dredging common Standard Forgings Corp Standard On Standard 01 Oil Standard J, (Ohio) „ 473 4 670 50% 10 11% 2,850 2% 100 2% 9% 1.00 47 493/8 1,300 38% 121 71 — Va 75 Jun 58 l23/e 3% Jun 10% Jun 423/e Jan 503/e Jun 36 Jun 38 34 Jun 8% Mar 1,400 66% 25% Jan 79% Corp Container Corp 8% 31 Ye Jan 25 Corp (TTn)_ Corp Sunbeam Sundstrand Machine • 21% Apr 832 18 Ye 11% 100 11 May 15 Ya 650 12% Jan 8% 1,800 7% Jan 8 Ye Mar 32 Ya 1.800 26% Jan 35% May Swift — Ctfs of Co 208 World Co Axle _ 5 — _ 12 Va 13 5,000 10% 33 Ye 36 Ve 1,600 33 Ye 12% __ 9 Jun Power Radiator — Jan Jun & Light Stan ft 9% Jan 59% Jan 717/e 300 147/e Apr 17% 31 550 15% 163/4 125 48 44% 473/4 14 29 Jun 35 15% Jun 203/4 & • Carbide Se Carbon. United Air lines Inc (Un) Jun 50 % & Tel Co 100 51 U Paramount Theatres 8 Steel Van Dorn Warner 1 com Pictures Electric Wieboldt Stores Inc (Un)_ Corp • 2 Co 15% 1,400 15% Jun 17% Beech Jun 163/0 5 163/4 70 163/e Jun 23% Ohio & Aircraft 343/8 12,600 25 Ye Jan 37 7 Ye 200 6% Mar 8% 100 12% Jun 1,400 30% Jan 36 5% 14% 100 5 2.50 P10 3 RR 5V» 1,450 15 5% Mar 500 12% 14 6 Y4 Jan 13 Mar 11% 800 16 250 10 Apr 14% 73% Jan 97 Range • Arundel Corporation Atlantic City Elec Co Works Locomotive Baldwin 1st Buad Power General % 14'/a 15% 1,540 14-Va Jun 19 Va 20 3,086 19 Va Jun 22 10% 430 l'/4 1% 1% 507 8 Va 8 8% 262 15% 16% 1,185 97/e 67% Pennroad 6% 1,075 12% Jan 18 Va Light 62"% Jan . 80% Jun Jun 8 Jan 21% Jun 25 21% Apr 24 May % Mar 36% 36% 39 V8 215 35% ADr 1 6 41% Jan 68 Vz Mar 61% 64% 137 61% Jun 85 Ve 93% 8,380 68% Jan 99 Va Jun 16 37% 675 14% Feb 1.8Va 7% 400 Jun 8V2 Jan % 25 % 7 % May % Mar 9% 10% 1,626 9% Jun 12% May 233e 22% 25 S/8 6,502 21% Jan 27% May 15 14% 16 5,342 14% Jun 18% Mar Pennsylvania Power ft Light Pennsylvania RR Pennsylvania Salt Mfg common • 50 10 47 Va 47% 50 3/8 491 41% Feb 51 Jun Pennsylvania Water & Power Co * 32% 32% 34% 368 32% Jun 39% Jan div $1 Service El 24% 26 3/a 23Ve Jan 24% 24% 25 863 24 Jun 27% May 26% Mar 17 17 5 17 Jan 17 Jan 40% 453/8 1.131 32% Mar 54 div 22% 22% 243/0 1,501 22 % Jun 26% Feb 27% 26% 28 3/8 567 26% Jun 30% Feb Oil common .50 — comuum 20% 21 V8 270 20% Apr 22% 88% 91% 448 66 % Feb 99 62% 216 55% Jan 63% May % % 200 % 4 Co Tonopah United Corp United Gas ^ .13% Improvement Westmoreland Inc Westmoreland Coal —-- Transit Co .—10 _ ■ 26 — 4 Feb 1 Apr May Apr Ve 3,225 3% Jan 4% Apr 25 28 Va 6:92 25% Jun 29% Apr 21 21 50 19 Apr 21% Mar 50 27 Apr 22 Va 3% 29 3 —20 ______ BONDS Baltimore % __-l Mining j 4 29% Feb .1975 — 35% 35% 49 % M ay $2,000 Friday Week's Range of Prices Shares Par Clark ID Columbia L) —I* * System Duquesne Brewing 5 8.50 Equitable Gas Co Steel Foliansbee Pitt Fort 10 Corp rl Brewing Harbison Walker Refractories com—* Home (Joseph 1 * 1 Co Joy Manufacturing Co Lone Fuel Mountain — __ __ Supply 10 S2.50 Pitts Plate Screw preferred Glass San Toy & Bolt Corp • 1 1 Mining Steel Spring Air Brake Westinghouse Electric Corp Standard Westinghouse For footnotes see page 25 10 • 12% 45. 9% 13% Feb 9% Jun 11% Apr 4% Feb Apr 7 Va May 9% Jan 9% 35 Va Jan 47% Apr Apr 1% Jun 2% Jan 36% 1,740 30% Jan 38% Jun 11% 13 Va 3,475 73/4 Jan 15Ye Jun 2.70 a27% a28% 7,098 2,10 Jun 3.25 81 24 Ye Jan 31 2.10 Jan Apr 295 49 Ve Jan 51% Mar 64 66% 515 58 Feb 71 Va 8% 275 15% 16 V2 2,185 14% 14% 190 1334 Mar 16 % Mar a21% &22V2 124 21 24 V4 a43% a51Va 3% 4 Co Consolidated Vultee 18 6 100 44 Va 71 993 Ind 14% Mar 17 V4 32% 43 % 33 34 % 897 2.00 2.25 2,600 El of Eureka Jun May 25% a9Ye 25% a9% 31 557 25% Jun 30% Jan 38 7% Jan 11% Jun 30 220 29% Apr 35% Jan *51 68 75 2.922 63 Ve Jan 83 Jun a71% Feb __ 160 68 3/4 34 34 170 32% Mar al6 al6 50 a31 a31% 12% 12% 100 368 12% Jan 14 Ve 16 Va Apr 21 . al6Veal6% 112 30% Jan 32% Mar 39 200 39 Jun 43 39 __ 3Ye — 31 845 14Ye __ 5 3% 16V2 700 a68%a68% 25 Jun ,61 Va Mar 14 Jan 11% 11 % 20% 34% 2.357 273/4 Jan 194 104 36 102% Jan 125 17% Feb * 1 — (Uni__ * —■ 1 8% — __ al9% al9% 6 6 8% 8% 58c 58c 100 1,635 200 com__5 class A 16 19 Ve 316 15% 18% 587 72 72 12 363/a Jun 105 % May 20 Va Apr 6 Jun 8 Jan 71/2 Jan 9 Ye Apr 55c 11% 11% 68 Jun Jan 58c Jan 207/b May 20 Va May Jan 72 Jan 4 May Jan 3 Ye 3% 100 3V2 Jan * 'Um 31% 32'% 782 297/e Jan 36 Ve May 63 Va a66Ye 317 58 V2 Jan 15 (Un)—10 common 7 Ve 7% 800 6 74 Jan 74% a63 % 70% May 73/e May 77% 1,695 61 Ve Jan 81 Ye Jun a42% a43% 209 46 % Mar 48 % Apr a —10 8 <Uni a42% 9% 10% 1,925 9% Jun 12 Ye 5 17% 17% 17% 180 173/e Jun 23 Ve Mar • 1 40 39 42V4 2,090 1(5 i7«r 200 13 13 115 19% al9% 26% 27 25 21% Mar 22 % Mar 522 26 % Mar 5% 510 * (Un) Co Co 20 —* Light ... Corp ' a • 26% — • 45% • —10 * 87% 12% (Un) (Un) Corp common Corp 17% May Jan __ Machinery & Chemical, com—10 & Kleiser common -__2% Paint Jan 11% — Co Motors 10% 57 1 Nemoun,— Electric Co 33% May Jan 9 Corp Ltd Power & 277/o Inc—v * Jan ' 165 (Un ) Jan 43/4 May 3% Mar 500 29% 3%. 1 common. common Capwell — May • Share & Jun 19 a30V'2 a31% (Un) Works Oil Bond — a__ &30% (Un)„• Co Co a._ 35Va Jun j.. Apr al6% 5 de 153/4 128 2 Co I) 78% May a68% a76% __ .... * Plantation Florida 2.60 Jan 30 * (Un) Corp Mfg Kodak Emporium 1.40 Jun 37 ... .5 Amer Corp Bridge Dorado Electric Jan Mar common Corp Co Chemical Eastman 30 25% A Aircraft America Fruit (E Jun 1,335 • • preferred Pont Jun 25 Dominguez Oil Fields Co du 43 2,165 2% Abbey Co Dumbarton Jan Feb 41 __ Jun 34% 16% __ jun 48 38 * Class B common $3 6% Apr 15% (Un) Curtis Publishing Co com Doernbecher 18 3/4 Mar 5V2 May 43 __ — Gicrgio 13 3,322 5% 14% 15% 3% (Del) Co of Steel Cypress 53/4 Mar Jun 41 % common Preferred Di 3 Ye Jun Jun 10 'Un) Iron Zellerbach Crucible Apr • Edison Oil Creameries Crown 18% Jun 25 Co & Solvents Continental 15% Jun 9% Mar 8% Mar 725 44 Va __ _._ 100 Sys class A Gas System com (Un) 14% 14% 9 9% High Low 1 common — Gladidng 34 May Golden 90 14 Apr 17 May 4% 325 ... 8 Mar 10 Jan 13% 357 11% Feb 14% Apr 10% Jun 10% Jun 21% Jun 24% Jun 12 Jan * — _______ * Gillette Safety Razor common Jan. —' • Ltd common Co preferred Goodrich <Un) Goodyear Tire & RubDer (Un) Great Nor Ry non-cum pfd (Un) Greyhound Corp Co commdn (B Ft — __ ——25 & Co_ McEean State 5Ye 45Va 48 a49%a49% 85 12% 93 Va 12% 16% 100 * 12% —: a90Ve * 16% a37% a40Va 26 27 123/8 12% 68 69% a90Ve a94% a48% a54 a33V2 a35 16% May 10V* 10% 10% 21 Va 21% 23% 995 14% 12% 50 52 11% Jan 17% 21% 21% 14% 13 % 23% 150 20% Jan 24 Jun __ 30 30 516 30 Jun 31 May 25 25% 21 26% 175 25 Jun 34% Mar 26Va 129 24 Mar 21 110 * -3 a34% 9% 377/e Mar j',5 13 534 42 V3 Feb Jan H May Jan 16 Jun Jan 293/4 Feb Apr 6% Feb 50% Jun 1,666 41 % Jan 20 49 V2 Jan 50 Va Mar 7,361 1,375 71% Jan 987/e Jun 11% May 14 % Jan 16% Apr 19 Jan Feb 42% Jun Feb 29 220 115 373/e __ 25% __ 19% Apr 25 Feb May Hancock Oil Hawaiian __ 37Va 3 __ 37% 37 __ 7% __ 21% 25 — 8c 21% 24% 30% 3 38% 37% 7% 8c 23% 25% 34 Va 2.140 2 Jan 4 Mar 125 32 % Jan 42% 60 35% Jan 40% May 11 Ye May 105 67/e Mar Apr of Calif Co Pineapple Co Holly Development Holly Oil Co (Un) Honolulu Oil "A"—* class —— Car —-15 Sugar Plantation Idah<i Maryland Mines Corp (Un) 7c Apr Jan Int'l Nickel of Canada (Un)___ 18% Jan 25 Ve Jun international Tel 24% Mar 27 Ye Feb IXL Co 592 30% 35Ye Jun Johns-Manville Jan Mining & Tel com — —— Corp 1 20 _33%c Idaho. Power Co Independent Exploration 867 11c — • 12% Co 285 11.500 17'2 1 1 Corp Motor (Un) -- * Ltd Co__ <Un)_. * * P2 * 5% 71 al4% 5 1.55 — 10% — 11% — a44% 255 Jun 14 Ye Jan Jan 72 Jun 175 a__ Apr Feb _5 — 44Ye Jan 54% 35 Yb Jun 43 % 1,133 1.80 6 500 300 77 3.498 5 a 113 115% 115% 17 17V2 70 — 390 518 al4% al4% 49 100 1.50 1.70 a34% a35% 10% 11 /a 3,600 160 1,957 93/4 105 Jun 11 Va Jan Jan 115 Va Jun 163/4 Mar 193/4 May 1.60 Feb 2.00 Mar 3% Feb 7 Mar Jan 817/e Jun Feb 17 % May 49 333/4 5 1.50 38 Mar Jun Mar 6 2.05 38 Jan Jan Mar Jan 12% May 25% Mar 30% May 9% 29 515 12/2 1,389 23c 23c a44% a47 /a 300 21c Jun 36c 3o7 46% Jan 51 28 11% Jun 12% 67 1,410 1-70 5% 213/4 230 1,820 9% 9% 27% May __ Hutchinson convertible Pittsburgh Jan Mar 53/4 10 10 Coppermines 21% 250 33 12% Range Stoic* January 1 Pittsburgh Brewing Co— 2% Jan 39 Ve (Un) com Edison Co of N Y Hudson Common 100 1 Broadcast Preferred High 30 582 1—10 Gas Star Low 30V2 Co Gas 200 Apr for Week Sale Price -* 9V2 6V2 • Consolidated General Sales Last Co 190 27 Jun 25 .1 (Un) Rv RR Consolidated Chemical General Blaw-Knox 500 9% Feb 28 Ohio Fuel General Steel 7V2 Feb 25 Feb 53/4 13 39 Ve America Paul Genera] Foods Pittsburgh Stock Exchange Ludlum 24 • common Consolidated Foster Allegheny 120 2,202 50 15% * (Un) Commercial Food STOCKS Apr 100 3Ye "A" Corp of Commonwealth Ewa V 4s l"0% 105% Mar Jan 240 16 * Chemical Columbia Dow 20% 88 3 60% Reading Co Paper Scott Run ft Gas common preference 104 al 14% Mining Co & St Service Clorox Colorado Apr Wire Corp Public 24% • common Insulated pnnco $1.40 9.017 • Electric common preference Philadelphia Corp Eureka Curtiss-Wright 42% Philadelphia — Jan a87/e Jun 7 10 Jan 7 Ye 8% 1 Pacific Ry (Un) Tractor common Columbia 135 * Corp 34 183 10 Va Jun 547 7 a__ No from class Packing Milw Cities Jan 23% 16% 25 135 33% a21% Chrysler Coip Jan 15% 21% 6 10 & 4,490 2% Jun 21% xu Jan 333/4 May 39 Feb al __. 5 Preferred Feb 1% May 21% _5 Power 77% 13% 9% Mar .8 22 >4 Lehigh Coal & Navigation Jun 32 3,900 Jun 21 % Gimbel Brothers National 15% 71% 10 woxp Chic 17% Mar 19% 87% Motor* 88 Feb Mar Co— Tile Art Chesapeake 161% M ay Jan • Deposit Co Fidelity & High 34 Ve Mar 29% M ay 146% 1 Light com Electric Storage Battery Jan 28 a8% __ 2% $5) Canadian 13 % Corp & 69% a41% a44Y8 — 5 (Un) changed Range Sine* January 1. 249 4,180 2% • Co Chemical Delaware Jan 23 6% 10 Caterpillar LOW 33% • .Chrysler Corp 'Curtis Publishing Davison 30% 0 Company 65 161% May Jan 83 9% 12 Va 2.40 • Cement to Central High 147% 158% 13 preferred 14634 May 16% May 40 6% „ J* (Un) Sugar Cap Celanese Shares 100 Baltimore Transit Co common 57c 14 10 of Prices Low 31 152 Jan 1,077 1,909 14 13 ... 5 Store Sullivan & value Par for Week • 37 a9% all0all5% a22% a23Y8 5% 6 __ • (Un) Hill (Par Sales Par a8% a8% PI • Calamba Jun Week's 100 34% 31 Va alO'/a al0% — 5 (Un) cap (Un) Dept Calaveras Jan 760 Last Tel 4,008 29% ... 1 (Un) Co Bunker Jan 113% Friday ft 308 10 Ve 1 Byron Jackson Co May Apr 92 Co Eroadway Philadelphia-Baltimore Stock Exchange Tel Jun 1,527 53 a76Ye a81Ys a23% a24% 6 iUn)__ 100 com Mining Steel California American 21 Ye Jun — California Ink Co American Stores Apr 13% 53 13 Borg-Warner Corp common 16% Mar lOYe Sale Price 205/e 13 (Un) Corp Corp Cons California stocks 25 14% 150152% alio a22% 1 Budd Jun 14 100 12 — Apr 10% 53 __ 2 Borden Jun 84% — 12 a9Ve Holdings Corp (Un) Boeing Airplane Co Cap (Un) 15% May 34% 14 12 —— Jan 343/4 5 Blair Jun 12 Va 31% 14% ' — 974 Pligh Jun 12% — 31 3-4 Jan 1,480 29% 20 Aviation Bethlehem Jan 31% — » Tube & 15 Ye Locomotive Benguet Jun — -12 Va r _ Machine Sheet 4Va 1 Bankshares Youngstown Jan • common Woodall industries Inc Yates-American Jan 33/a 7 5 - Willys-Overland Motors (Un) Wisconsin 13 Ye 6,100 * Works Iron 130 4% 33 4 13% a76Ye (Un)_* cl "A" (Un)_ Bandini Petroleum 17 Ye May 14% 3% — > Bros (Ill) Bishop Oil Cc common Westinghouse Co. Baltimore May 153/4 distribution Jun __ 50 (Un) Big Baldwin Jan 42% Mar 2,150 23/4 __ Imperial Diesel Engine Wedge Mining Co Avco Mfg Corp common (Un) May 3 Ye 1 Corp without div (Un)United Light & Railways— United % 10 United Ex 44 200 13% Atlas Bendix Union 2Ys a20% a20% __. • (Un)—* Top & Santa Fe (Un) Gbrp common ^Un) Atlas Apr 48 10 (Un) Atchison Jun 23 3% Low 1 Jun 15 Ve * (Un) Anglo Calif Natl Bank Armour 153/a Mar 692 48 Jun 10 San Anaconda Copper Mining ■373/4 Mar 68 Ve 30 2% 1 Tel Atok 620 48 • Corp 13% Jan 250 2% Viscose Corp com (Un)___l4 American Woolen Co common (Un) * 14% May 13 Ye Mar 15 ■■ 5 Salle St 12% 25 2% 1 Smelting & Refining 697/e Mar Jan 43 Ye 65 —2 _ _ Airlines La 1,550 25 (The)- South 13 12% (The) Timken-Detroit Trans 1 497/e 113/4 400 Apr 2% 2% American Ltd— depneit Texas Co Trane Co 43% 11% _—25 . International 28 % Apr 225/e <Un% American Feb 1,160 233/4 44% ~5 Tool Runrev Oil (Hn) Swift & Co 30 1 38% 170 10 (Un) Inc Arkansas Nat Gas Corp Studebaker 28 Ve Mar Co American Jun 12% 30 % 8 Mining 730 a21% a21Ya • common Airlines American Amer Jun Jan 28% 11% - Gold Corp American Jun 21 28% 1 1 Juneau (Un) High 32% Jan 9% Co Range Stow January X Low 29 % 29 Va 1 Reduction Alleghany Jun Jun Corp Alaska May 14% com.—. Stewart-Warner Stone 53 36 . ai> Steel Spring (Un) Aluminum Products Sterling ho 10 iun; 50% 2% • ,r 7\V <Ky) in Standard Oil __1 '• . 9% : — 1 xnaiana Co On standard 51% % — Shares Par Admiral Jun Air Southem for Week of Prices 13% Mar Jun 11 475 Sales Week's Range Sale Price Jun Jan 20% 3,200 Feb 15% Exchange Last High STOCKS ' 400 ♦ Elec_. 30 Range Store January II High 0 . Gas JUNE for Week of Price* Par South ENDED Sales Last Sale Price Socony Vacuum Oil FOR WEEK. 9% Jan 16 Apr Feb May , (40) 40 The Commercial and Financial Chronicle . Monday, July 3, 1950 . . OTHER STOCK EXCHANGES RANGE Friday Week's Sale Price Corp Power & Light Kansas Kennecott Kern Leslie Le Copper County Salt Lockheed Corp Co cuip Macy & Co 16% Jan 52% 51% 54'/a 45% Keith 56% Jan Jun 58 Jun 300 31 Apr 33% Jan -100 11% Jun 14% Co (Glenn) Inc (Un) 229 7% Apr 8% Mar 30% 1,924 23 % Jan 32% May Reserve 15% 245 15% Jun 18% Mfg Co rteynojds a30 a31% Minnesota M J & Power M & Montana M & Montgomery Light 40 Republic Jan (Un) 1 Co Ward & Co (Un) • Morrison-Knudsen Co Nash-Kelvinator National Auto Apr Jun Rheem Jan 24 Apr Richfield Oil Jan 31 Jun Riverside Cement 14% 315 16% 1,265 13 30 32% a__ National Distillers National Linen 1 Products Service (Un)—. * 10% Y Feb 17% May Mar 17% Niagara a._ Mohawk Power Co (Un) North Oil Bros United Coast Finance Gas & 1st Lighting Public Corp com & Tel Companies Cons Mines 'Un) Dodge Corp Petroleum Water Oil (Un) com 32% ,32% 125 24% Jan 35 Jun 178 30% Jan 35 Jun 33% Jan Southern 9% Jun 4.32'# 11% Jan Sinclair Oil Corp 187/8 397 17 20% 130 95% 97 130 49 55 1,445 18% 18% 150 49% 1.90 1.80 - Calif Apr 4.56% Southern Edison Jun 21% Feb Southern 16 Jan 20% Jun Southern 86 Jan 98 Mar Southern 40 Jan 55 Jun Jun 22% Co lUn) com 1,255 a35 40 27 Jan 35% May Standard 30 Jan 30% Studebaker 30 238 10% 149 6 7% 4,095 60 6c 100 4% 1.40 Jan 3.00 Apr 7c Jun 10% 34 % May Jun 13% Jan Jan Standard • pfd 37% 984 32% 33% 545 16,722 A. ser 26% Jun 29% Feb 150 5% Apr 6% Apr 31% 493 7c 28,300 41 10 47 574 6% 8% Oil Petroleum _ 2 • of Calif • (Indiana) 25 Corp Super Mold 7 9 % Feb Texas 5% Feb Tide 3% 21 Jun Apr Jan 22% May (Un). Company Water 31% Mar 35% Jun 35 37% Jun Jan Named <Un)_. 31% Jan 34 28% 29% 790 28 Jan 29 % 28 28% 555 28 Jun Jun 11 Jan 44 % Feb 58 25 26% 29 % Jun a50 a52% 480 52 Jun 55% 2,135 22 Feb 19 20% 1,578 16 Feb 21% Jun 35% 4,253 29 % Mar 37 Jun 33 35% 1,599 33 Jun 36% Jun 26% 27% 386 26% Apr 23 % May a27%a30% 66 29% Jan 30% Mar 30% ' 300 35 . 19 35% 30 Jun 33 May 28% Jun 29 Mar 231 33% Jan 36'A Mar 17% 20 17 Jun 22% 35% 35% 100 35% Jun 36 11% __ __ 11% 1.090 11% Jun 13% Mar 1,725 49% ■ 53% 27 __ a20% 28% a20% a22% 65% 2,210 49% Jun 57% Jun 26% Jan 29 % May 163 21% Jan 23 % Mar 61 Jan 72% Jan 47% Apr 68% 3,017 a47% a48% 203 42% __ __ 104% May 106% 18% United Gas Corp 80 16% 18 3,140 14 Mar Carbide Union Oil Aircraft Corp Jun United Air Jun United Corp of Delaware Carbon of Calif Lines 15 15 15% 640 14% Mar 16 Jan 23% 23% 24% 772 23% Jun 25% 72% 464 66 % Jan 79 % Jun 29% 31 % 1,235 26% Jan 35% Jun 29 29% 580 22% Jan 30 Jun a34 a36 % 105 36% May 65% 65% 68 27 27 27% 2,380 16% 16-% 18 29,017 452 104 110 516 Jan >.111% Jun 3% 3% 57o 3% Jun 4% Jan U 8% 8% 249 8% Jun 10% Feb 15% 15% 16% Utah-Idaho 2,269 15% Jun 21 __ al8% al9 68 H OO IV ^00 Feb 21% Apr a2 Warner a2 25 2% Apr 2% Apr Wells (Un) a 25 common (Un) *. • S Steel (Un) 16 5 « Victor 15 15 25 366 9% 9% 15 9% 425 8% 18% Mar Jan 11% Mar 50 370 45 % Mar 51% 64% 300 58 ctfs 42% Mar 26 26% 2,364 29% 569 24% May 25% Jan 14-aT 817 13% Jan 14 4 4 990 3% Jan 16% 16 % 17% 500 16% Jun (Un) al7 al7 12 1 Bros Petroleum Western Western 6 6 100 4% Apr 6% Jun 17% 555 14% Feb 18% 206 35 Jun 33% 539 27% Mar a32% a32% 20% Feb 20% Feb 26% Jan 37 Jun (Un)—__5 3 3 350 2.70 Feb 1 • 33% 32 37 v 6 % 6% 749 12 12% 638 12 Jun 16 Jan 290 295 15 275 Jan 300 common Feb 6% Jun Woolworth Insurance RR Jan 84c 84c 85c 2.081 84c Jun 1.25 Mar 5% 5 5 % 3,109 5 Jun 7% Mar (Un) _5 50c Co 14'/8 15 30 12% Apr 15 17% 18% 991 16% Feb 19 % May a31% a31% 20 30% Jan __ * common Elec Corp W') (Un) (F 7% 1 (Un) 100 Westlnghouse Jun Apr a Preferred May 35% 3.75 100 T Stores Pacific Jan 62 Apr a33 • 19% Mar 23% 1 Life Dept 17% May 4% Jun 6.331 (Un) Coast 31% May 34 % <Un> U & Apr 50% May 27% Mar 31% common Pictures 17% Mav 20% * al7% al7% 32 "2 com Jun 1,199 Jun 16% __ Equipment Co Preferred 67% May Feb Co 17% 71 46 a 14 % 1 Fargo Bank Westates West 50 __ • Jun 64% __ • 7.50 15 .10 comuio. Sugar 30 % May 19% Jun 16% 1 (Un) (Un) Corp Jan 29% 26% 3 10 Thea 69% May Jan 14% 46 • Inc Paramount Common Jan 23 Air— Jan 3% United 101 59% 37% May World Feb 106 Jun 72% 5 Union Co Jun May 525 10 com Trans United 105 28 % May 90 a27% a27% Apr 105 Jun 29% _; & Feb May 33 May Jun 6% 72% 28 Oil Western to Jun 30 2 & 47% 25 Corp Inc Feb 32 25 changed Jan 42% 35 ___10 Associated Airlines Jan 9c :_1 (Un) Transamerlca 36% Mar 43 155 Jan 7% J (Un) Corp Co & 5% Mar N Jun 3,095 11% ' (Un) Oil Co of Jan 6c 52% 30 (Un)_25 pfd 6% Inc Co 29% 38% Mar 46 __ 25 1 Transcontinental 32% 35% — 16% 180 Jun Mav a39% a41% __ 33% 25 Co Standard Oil Co Swift 32% ' 27 5% Jun Jun 30 10 4% a51% 34 47 __ 5 Brands 5,107 a20 a20% __ 48 % May 30 ..25 : Gas Pacific 4,300 35% 25% Feb 29% Mar Apr Standard 7% 4% Jan 37% 825 19% Sperry Corp 18% 7c 6 19% 857 6c preferred—__ 4 48% i.25 a27% California 2.00 30 1,055 5'.-a 25% Co 33% 10% 24% 33% 26 % 8% • D preferred 4.88% Calif 6c 30 Jun 39% Mar 41 18 _ preferred 30 a32% Jun 23 % Jun 44% 50% _ cumulative 18% ' 33 % Jun V'..;.,. (Un) Co Southern Calif Gas Co 35% 10 Jun Jan 18% 36% 31 __ 5 (Un(..._i._ Oil Pulp Convertible 18% — 8% 23% 200 305 22% Convertible preferred 21% May 7% Jan 1,989 19 42% __ __ 31 __ * A , 24% 1,159 36' 36% 18% 36% __ 15 ±-__ Soundview 16% May 33%c (Un) Co Co Socony-Vacuum Mar Jan __ Pure Oil Co Shasta Shell May 10% 50 Pig'n Whistle conv prior pfd Puget Sound Pulp & Timber (Un) Pullman Inc (Un) Feb • 28 1 (Un) 74 5 .. 23 1,080 1 Co Co 21% May 15 • (Un) & Jan 14% (Un)__1 common Jan 23% Mar • Airways 50 6c 16% 15 100 (Un) com World Paramount Pictures Corp Fhilllps Roebuck • common Pennsylvania RR Co (Un) Pepsi-Cola Co (Un) Phelps Sears * common 80 1 „ Jan Jun • (Un) 50% (Un)^~— 50 Cement Jun Jun • Cement Motor Co Utah 61% 11% A_„25 common Inc Jan 23 — Feb 50 __ Mining Port 17% 25 Service American Park 1,480 Apr 21% o 1st preferred Pan 53% 813 (Un)___.10 series Cruz 24 28 $4.50 dividend Pacific Portland Parafflne 569 1,006 25 preferred Stores Mauricio Santa Signal Oil & Gas Co class 22% preferred Tel Jan 21% * common 13% 1 465 15 com Electric red Pacific 19c 23 % May — * preferred 4.80 Packard Jun 41 5 Corp Feb Jun — • common.. 1,405 30% "B" Aggregates 5% Pacific Jun 425 — A preferred 1st Pacific 14c 20% 8% »32% . Pacific 1st Mar 12% 100 Plantation Co Pacific 5%% 33 a8% (Un) class 9% 9 Mar 8% a Filters Apr 100 __ 1 (Un* common Ryan Aeronautical Co 19% a8% __1 Filters class Sugar Can 26c 11% 10 (Un) __ common United 6% Cons 7% 9 a33%a34% • 19% 7c Co Paauhau 26% Co A Apr a7 9 ... __ _* class 23 — 1 Co High Jan a7 \ * B Corp. 18 — common Oliver Pacific Oil Railway Co Oliver Pacific 25 i— z. (Un) 18% — wi Edison Oil 55% Jun 8% 100 common 1 Go Manufacturing Safeway 3.25 May 32 % May 492 22 100 Pacific Rights Ohio 12c 5,100 21% 21% (Un)__10 common Invest American Oceanic 15c 20% 14% 12% __ __ 14c 53% Feb 11% 1 preferred Northern 6 21% • Aviation American 6% 1.60 • (Un> American North Ohio RR American North a30% a30% — Low Jun • Central North 4,275 48,640 — 1 Corp Natomas Co N 2.50 13c — -5 (Un) Gas 11 12c — 10 Corp Fibres Corp & 29% 2.20 — 3,459 2 ...—L 100 Tobacco class 23 — * Steel Oil 644 14% — 20% Range Since January 1 High 18% 25 810 —. * Consolidated Power P10 (Uri}.—— 1 - 17 14% 2.45 1 Mines Low 18% common 29% a3S% a38% 14% common _ Incorp 15% a36% (Un.),,-^— com Preferred San Menasco Mindanao Mother Lode America Orpheum 27% — * 18 <uai Robbins & 1 common wavigauui. Shares Feb 7% Rons Martin Matsuii McKesson of Preferred Rayonier 28% — for Week Railway Equip & Realty Co Ltd com. 15% 15% 5 ,1,045 Mar Corn Radio 32% a30 1 Machine 50 Radio Mar 19 Sales Range of Prices Par Jun 7% — * common..: 32 463 *1% -- 7% 29% - Co Calculating 141 7% Week's Last Sale Price High al6% al6% 52% * H) (R Magnavox Marchant Low Jan 32'A (Un) Friday 4% — 1 .'JO STOCKS 8,030 __ —7 JUNE Range Since January 1 7 ' Libby Shares High 6% 5 tou» Inc_ Gi & Aircralt Inc Low 7 al6% — <R McNeill Loev/'s 8% (Un) Land Company Tourneau Libby 1 ENDED for Week of Prices Par Kaiser-Frazer WEEK Sales Range Last STOCKS FOR (Un) 12% a65% May 33% May 33% 2,511 31 % Jan 36 Jun 46% 10 0 32 32% 65% 46% 320 46% Jun 50% Apr a a— a__ — CANADIAN LISTED MARKETS RANGE Montreal Stock FOR WEEK ENDED JUNE 30 Friday Exchange STOCKS— Par Friday Sales Last Range for Week Sale Price STOCKS Week's of Prices Shares Par Abitibj[Power &jPaper $1,50 preferred \cadia-Atlantic Sugar common • 20 class A Low 27% 24% • __ 5% preferred Agnew-Surpass 10Q _______ Shoe al04% • "uminum Co of Canada 4% / pfd Bathurst BeH Power • & Paper Brazilian Canada Iron Columbia British Columbia Forest Products British Columbia Power Corp Foundries Safeway Steamship common Jun 25% Apr 102 Apr 104% Feb Jan 9% 18% Jun 52% Feb 70 Jun 26% 26% 1 010 26 Jan 27 Mar 5% Corp 4%% pfd Ltd preferreed • 100 • 4% pfd __ 6% __ __ 31i/2 6% 150 45% 46% 210 VA gI/ j g4 75 75 25 29% 34% 6,620 30 29 6% Apr 45 % Mar 7 9 46% Jan Jan • Jan 9 75 Jan 82 Apr 24% Jan 34% Jun 25 42% s',189 22% 32 262 31% lo's75 29 29% 1105 26 Mar 91 91 '30 90 Jan 40% 40% 21% 21 29 28'A • cl • A__* 29 * __ 3.8O 29% 33% 4770 • 100 Jun Canadian page 45. a7% Range Slnee January 1 Low High 5% 10 — 23% 40% 4,465 29% 383 29 Jan 29% 26 26 170 25% Jun 28% Feb 27 — 37 27% 165 19 Jan 28 Jun 65 10 May 12% Jan 10 100 Jan 100% Jun 2,155 14 Jan 10 10 100% 100% 22 23% 50 Bronze 39% 39 41 455 20% 20% 21 % 8,882 ——• common preferred 8.00 34 Apr Jan Class • 20 Canadian $1.00 common A Celanese • common Series Jan 34 39% Feb 42% Jun 19 Jan 24 % Jan 32% Jun Jun 34 Jan 41% Mar 20% Jun 23% Jan 23 Feb 25% Jun Jan 104% __ 34% 23 24 130 104 10 11 11% 1.365 11 Feb 14'A 15 530 14 Jan 15% 39 7,092 Jan 40 % May 34% 102% 28% Feb 12% Mar Jun 23% 75 22 May 33% 255 31 May 23 23 25 % 515 22% Mar 31 May • 16'A 16 17 1.045 Feb If Mar 25 18% 17% 19% 13.640 16% Mar 20% • 15 15 16 1,145 15 Jun 17% Apr • 95% 95% 101% 4,889 91% Mar 106% Jun * Locomotive 32 Jun 91% Jun Canadian Companies Pacific Cockshutt Railway Plow Consolidated Mining & Smelting Consumers Glass Corby Distillery class A__ 4 00 17 730 2% Jan 4 45 Jun 29 32 1 480 27% Jan 32% Jun Crown 2% Jan Jun Davis (H) Class 27 28 675 ,? 2;9!g 17 Jan 6 6% 225 6 Jun 8 Mar Domini^*- 32% 33% Jan 36 May Dominion 30% 5% 19 % Mar • — 24% 36% Jan Leather Distillers Seal Jan 9 22% Jan 28 Jun Jun Co class A 8% Jan 12% Apr 9% 175 8% Jan 12 Apr 35 % 35 % 60 31 % Jan 38 Apr Jun 23 % * preferred — 20 225 21% 21 23 9,975 20 % Feb 27 Apr * Bride*1 6% 1,285 8% 35 % • Seagrams Coal 10 8% * Co_ 9 27 15% * B Cork •& g 530 22 % May 32 • 3.65 4f, Jan Jun 25% Jun 23 % • Oil 11% 25 Canadian Foreign Investment Canadian 9.75 Mar 42 104 — _^,._100 Canadian Car & Foundry High a8 170 ,—• _■ Breweries Canadian 33 • —,—>«._ Building Products Shares Jun Jan Power for Week 29% 38 10 common Canada 23 15 8% BSMV"d-ck7s-A:r~—4?! see Forgings Class A* Sales Range of Prices Low a7% 20 & Canada 175 13% ___9s _ British For footnotes preferred Foundries Northern 85 • Traction Light & Power British American Oil common Class B • common Canada 2,635 25 Elec 5 Canadian class A Telephone Preferred 22%' Jan Cement $1.30 Canada Dredging 33% May 24% May 15>900 100 Corp Jan 68% 73/4 preferred 13,410 21% i7i/2 50 :",s„Corp Pd common 4% % Asbestos 35,607 High 63% » * 24% 23 23% al04% al04% 8"% 9 Low 153/4 25 xalgamated Electric Corp '..lglo Can Tel Co 4%% pfd Range Since January 1 High 31% Gold Canada jg • • 24% Bulolo 64% __ Steel goma Ltiminium Ltd 26 Week's Last Sale Price Canadian Panda 42% 42 48 % 3,833 40% Jan 48 % Jun 20 20% 645 20 Jan 21% Mar 25 20 — 20 20 Jan Number 4921 Volume 172 . . The Commercial and Financial Chronicle . (41) CANADIAN RANGE Friday STOCKS— Week's Last Par Dominion Corset Co Dominion Dairies 5% • Dominion Foundries & Steel Dominion 7% oiass 20 Dominion Stores Dominion Coal & Tar class B Ltd & Canadian Funds 14 1* 125 12% Jun 14% Jun 19% 50 19 Apr 20 % Jun 30% 200 27 Feb 32% Jun 50% 525 44% Mar 35% 50% 35% 400 35 18% 36% 6,887 18% Jun 22% Jan 38% 38% ^.50 33 Jan 43 Jun 24% 25 180 23 May 29 Feb 10% 11 12 Jan 4,00 172 Jan Textile common • ; Donohue Dryden ioo East pfd Paper 102 102 • Electrolux Power Co 18% 19% 20'% 21 A 5 5 preferred 20 Corp Frasei Co 4%% 18 14 * • common 176% May 103 % Jun 93% Jan 125 15 Jan 20 Apr 200 15 Jan 23% Feb 225 2 Jan 75 vj.. 18% ■v 9 Apr 15 % Jan 19% 17 235 13% Jan 13% 14% 18% May ^2,765 13% Jun 16 29 Jan 33 Apr 24% Jan 32 Jun 98 Jan 29 • 27% "ioo preferred Apr 16'% i Famous Players Canadian Corp Foundation Co of Canada Jun "*v' <■ : class 10% 173% 173% 100 Ltd Kootenay Eddy 4% % 10% » Bros Paper Co preferred 101 Craune&u Power 5%% ioo _„ preferred General common • 29% 27% 31% 101 1011/4 ,« ** % 185 470 8,705 135 5% 18% ^ *1,960 111 60 * 2.50 2.60 1,300 Hamilton tiuv>ttiu Alabastine • Eridge SmiUi $2.00 101% Jun Jun Bay Imperial 19 105 40 18% 21 1,820 515 May 17% 110 Jun Jan 2.25 Jan 17% Jan 103 Apr 98 19% 111 3.00 May Apr Apr Feb 19% Mar 105% Jan 17% Feb 21 11 Jun 14% Apr May 11 11 11% 200 45 44 46 I__50 Mining Oil 18% 98 • 1,260 34% Jan 50 51 Jun 50 50 25 48% Feb Jun • 45 % 50% 45 47 2,045 48 Feb cuuruion & Smelting Ltd • 41% Mar Atlas 24% 27 22,172 21% Mar 13% 28% 13% 13% Apr 1,891 13% 14% Jan Indust 33% 26 125 25% Jan 26% Jan 38 9,100 29% Jan 41 Jun 101 101 20 99% Jan 101 ___32 34 39% 260 32% Feb 4.25 Feb Corp common • preferred International 6% Bronze * com preferred International __25 Nickel International 5 18% International International Utilities (John) the Woods of Lang & Laura 8,157 35% Jun 51% 8,415 37% Jan 9% 52% 9% 10% 3,873 Jan P4 58% 595 21% 24% 1,820 11 11% 875 11 Mar 12% Apr 19 Mar 20 Jan 54 III" Corp 21% common Bros (John A) 15% 5% Corp Ltd Morgan — Ltd class Co Ltd Steel Wire 9% Jan 12% Jun Jan 13 4%% 15% 15% 375 15% Jun 17 Jan 100 93 93 94 Jan 25% 28% 8,863 21% Jan 13% 13 14% 9,156 13 Jun Brit 29% Jun 29 Feb 2,690 Jun Canada Malting Canada 10% Jan 12% 20% 21% 1,305 19 % Jan 23% Mar 22 Jan 24% 24 260 68% 3.0x0 20% 20 21% 1,890 51 53 325 64% Jun 71 22 Jan J an 53 Jun 45 Feb 48% Jun 48% 210 55 55 75 51 Apr 145 May 145 145 10 al6 al6 25 • 17 Jun 42% Jan 57 Jun 15% Jan 63% Jan 22 93% Jun Jun Mar 14% 16% 3,560 12 Mar 16% Jun 18 18 19% 565 16 Jan 20% Jun 10 10 700 6 Jan 10 Jun 11% 42% 75 27 Jan 18 * 18 2,890 14 Jan 14 Mar al6% 16% 15 98 % 101 % 1,025 a 100 58 % 58% 1,302 • 25% 25 26 3,192 50 com_ 48 47% 48 470 50 A 58 52% 84 % Jan common.* 143 18% 21 101% Jun Jan Jun 50% Jan 58% May 23% Feb 26% Feb 48% Jan 52%' 390 61% Mar 15% 17 834 9% Mar 21 "8 May 22% May 53 155 49 Jan 53 Jun 26 25 21"% Jan 26 Jun al2 al2 2 12% Jan 13% Mar 25 25 100 24'- •Dn 27 4.50 4.65 325 ~~ » * 287% 287 % • 19 Feb 28 15 176 Feb 180 65 30 69 Feb 70% Apr J^n 8 Jan Jun 103 ♦ 7 7 7 75 94 94 94 25 3.55 3.55 4.00 2,427 Mills 12 Feb 16 May Jan 115 Apr Co_, 2 5% * Ltd 60 * — 6 55 57 Jan 62 Apr 150 12 Jan 15 May 20 113 Jan 20% 400 11 Jun 11 Jun 14% 350 14 Jun 14% Jun 12 12% 10% Jan 14% Jan 21 250 21 Jun 24 Mar 152 Jan 143 143 175 140 May 21% 725 20 Jan 22% Jun 20% 21% 255 19% Jan 22% Jun Mar 30% Apr 98% Apr 100% Jan 20% Jan 22% Apr 27 22% 22 22% 180 19 Jan 23 • 8 8% 2,955 8 Jun 10% Apr » 22% 22 23% 2,635 20 Mar 23% 22% 22% 24 1,000 20% Mar 24% 19 19 100 14 Feb 20 5 Mar _• 5 5 5 5 100 preferreed.___100 165 165 165 50 __ Corp ... Cotton 165 Jun Jun Jun May 5% Mar 14% Worts 42 175 Feb 7 8% 2,915 Jan 9 35 25 33 May 35 Jun 14% 14% 1,885 14 Feb 15% Feb 100 6,075 36% Jan 47 % 27 100 24 Feb 28 May 17% 160 16% Jun 19 Jan 33% 36% 4,171 33 % Jan 42 % Apr a99% a99% 34 46 17 _ 42 6% 27 com 10 99% Jun preferred Jun 101 Feb .__* 15 15 16% 1,625 13 Apr 17 Apr __25 common.. preferred 26% 26% 26% 50 25% Jan 26% Mar 28 28 % 100 27% Feb 29% ____25 Jan 4.15 Mar 75c 400 class A__* 70c • 15 Jan 16% Jun 24% Jan 28% Apr 23 21% 24 42,639 17"% Jan 27% May 13% 3,375 ■'.i Jan 15 13 12% 18 18 25 34 34 305 14Via 14% 14% 25 • 56 55 58 19 Apr .an 34% Jun 12% Jan 17% 595 50 Jan 61 Mar 38 40 225 39 Jan 43 May 59% 59'/a 100 60 Apr 65 Mar 8% 8% 50 8% Jun 10% Jan 3.894 16% Jan., 21% Jun Jun 6.00 Jan Jan 18 % Apr Apr 37 % May Ltd 21% Ltd • 4.00 4.00 4.15 900 3.75 20 17 17 135 15% I 34% 34% 25 1.00 1.15 1,600 1.05 Jun 43'A 40 44% II,911 24% Jan 45 100 7% 7% 7% 120 Jan 8 • 18% 1.4 % May & 19 4,575 44 % 100 42 Jan 10 10% 10% 100 10 May * 4.10 4.25 200 common—* al3 al3 22 11 Jan 16 Jun a51 % a51% 77 50 Mar 53 Apr 50 • a51% Co 15% 990 15 Jan 16% Jan 44 155 35% Jan 45 Jun 8% 100 8% Jun 10 Jan 16% 16% 375 16% Jun 18"% Feb 80c 80c 2,296 55c Apr 86c Jun 27 Pr & 29% 5.895 6% 6% 500 80c 83c 145 29% 90c 90c 1.00 1,400 18% 18% 20 79c 70 * 10 * common __ 11% 18% — Mar 6% Mar 50 1,770 77c Ltd.— Mills Newfoundland Light & Power Apr 15 29% • 4.25 41 5 Paper Co Ltd 12% May 8% 10 Ltd Ontario Corporation Jan 15 » Mersey Paper Co Ltd 3.50 May 46% May 8% Paper * Rice Jan Jun May 17% (Walter M) Lt , 44% Corp Ltd Manufacturing 7% Jan Jan 85c 7 1.05 May Jan Jun Jan 17% Jan 22% May Feb 82 Jun 9 Jan 12 May Jan 19% Jun 21 Feb 11% 225 18% 19% 225 18% 20% 265 20% May 11% 30 84% 75 20% Corp of Can 6% 6% C N 2nd part 26 20 pfd Ltd Stores Service preferred common 35 57 46% 11% Jan 26 13% May p 19 18 26% 15% 113 Feb Apr May ■ i«'ar 70 53% Jan 50 46% Jun 48% Feb 9% Jan 12% Apr Feb 23 Apr 19% Feb 11% 40 19 21 150 18 18% 170 18 Jan 12% * * Ltd 25 alll 46% 50 Purity Flour Mills Co Ltd prefcrred_40 • (Can) 75 13 alio 57 alio Quebec Telephone Corp A__, Reitmans 26 13 • 1st pfd_100 cum Russell Industries Ltd Ltd Twin Power 6% • 100 pfd 12% 100 11 May 113 Gas Corporations United Fuel United Securities Inv A Westeel class 13 57% Jun 9,600 10 10 3 25c Jan 12% Mar 118 Jun 13% Jan 177/a Apr 20c Jan 40c Apr 10 Feb 13% Mar 14% 19% Mar 15 15% 400 • 28 29% 160 50 54% 54% 25 52% Jan 55 preferred Mar 40 40 10 12% Jan 42 Jun 85 50 Jan 68 Jun 15% 54% 100 26 Jan May 60 63% 5 15% 15% 180 14% Mar ♦ Ltd Canada 210 35c * B Limited Products Western 64 15% 25C _* Ltd., Canada of United 117 15% • Ltd 116 * Ltd City Rapid Transit Union 17 17 225 14 * Breweries 60 29% Jun 17% Jan Jan 19 Feb Mining Stocks— Alta Arno Ascot 5c Apr 6%c 43c Jan 5.00 3c 2,000 2c Jan 5c 1 — 1.40 1.30 1.80 195,500 50c Mar 2.65 Metals Corp Ltd Aubelle Mines Base Belle 7c May 45c May 4%c 4%c 5c 6,000 3c Feb 8c May 1 62%c 51c 82c 220,700 4c Gold Ltd—. Corp Mines 1 Ltd Ltd Gold —1 Mines Ltd 1 14c Mines Ltd 1 7c Gold Mines 7c 47/8C 580 25% 1.397 24% Jan 27% Jun Consolidated Montreal 10 27% 27 % 30 2,996 27 Jan 30% Jun Cons Nova 10 42 42 42 % 410 39 Jan 42% Jun Consolidated 27 27 28% 1,783 27 Jun 29% Jun C/>rt,eZ' Exnlorations 41 41 3 39 Mar 41% Jun Cournor Coin Lake Gold 1 Mines Cadillac Mines Ltd Mining Co Ltd_ 4c Jan 7c Jan 2c Jan 28c May 9c 6,000 5c May 14c Jan 7c Feb lie Jan 7c 12c 9c 84,000 3c 5c 38,500 2.50 10,000 2.50 Jun 11c 17c 54,200 5%c Feb 23c Jun Feb 10%c Jun 7c 2%c Jan 7%c Jun 8.50 Jun —1 9c 9c 7,000 3c 1 15c 15c 15c 1,500 15c Jun 15c 7c 7c 8%c 21,500 4c Feb 10c Jun 22c 24%c 66,000 21c Jun 24%c Jun 1 30c 28c 33c 79,150 28c Jun 33c Jun 1 47/aC 4c 47/sC 12,000 4c Jun 8c Jan 16c 16c 1,000 16c Jun 25c Jan — Mines_l Lebel Ore Mines Ltd Rochette Jun Jun 3,500 48,000 1 Mines Central 1 92c 40c 4%c 13c 19 %c 2.50 1 Ltd——• Candego Mines Ltd Cartier-Malartic 26 Jun 11 %c Mar Jan Mar 20% 20% Apr 4c 20c 20% Jan 7c 8,000 20,000 20 % 20 1,000 6c 40c Chibougam Bouzan 8c 6c 35c Mines Mining Bob's Lake Gold Mines Ltd Bonville 8c _1 Jun Jun 37c Gold Metals Beatrice Limited Jun May * Red Lake Gold Mines Ltd—1 Band-Ore 25 % . 900 502,100 2%c * Ltd 10 10 6c 4.60 — 1 Lead Mines Ltd Mines 10 10 5c 2.55 :——* Mines Ltd Anacon . I 22 5 * com— Ltd Royal 1.75 1.00 A__.* class Co__ * Ltd— * Maritime Teleg and Tel Co Ltd com. 10 R'ghts ; ____; Massey-Harris 6%% conv pfd 20 Scotia 33 • Canada Milling & Feb • preferred Canada 18 • Securities Ltd Apr Jun 1 Co Ltd.* „. Power Jun 19 125 34 Worsteds & Paper Co Ltd Leaf 1.00 Jan 16 21 of Mar 26% 20 Ltd Jan 3 4.75 13 50 common— Mar 45c 8% Mar 80 26% 16 21 Canadienne 2.05 May 275 • Commerce page 45 800 4.50 Ltd Centremaque Gold Mines Ltd— Century Mining Corp Ltd—_ Banks— Rovb 2.75 4.50 2.45 preferred Ltd Castle-Trethewey Scotia 2.45 • common Jun 35 7% • .___6 Winnipeg Electric common— 5% preferred Jan Jan Apr 8% ___5 common 7 30 Windsor Hotel Ltd • common 75 Mills Foundation conv 90 300 Canada 305 Power Jun 11 14 7 Southern 21% 20 __* 116% 11 40 Standard Paving & Materials Transvisien-Television (Can) 20 _ 3% 38,675 7 Insurance Company Mount 5.50 40 Sec Products Hydro-Electric Nova Jun Jan 60 13% * • preferred of Apr 60 4.70 ♦ Co Lakes Moore 2.75 11 common—* Farmer Candy Shop Inc Minnesota Feb 116% 116% 100 "A" 1.50 13% 1 red preferred Mica Apr 88 ^ Ltd class B__* Stand Textile Esmond Maxwell Feb 5.50 1 100 102'.a __5 Div Steel Maple Jan 2% 100 class Ltd Paper Co I-owney Co 94 Apr 9 *>5 Ltd Adver Woollens MacLaren <u/2 14% ___. Eastern % 21% 2.25 Oilcloth & Linoleum 6 Jun 28 13% Co Ltd Alcohols Investment Jun 177 Dominion Square Corp "A" Jan Jun 21 0 65 27 • Dominion Halifax % . • Engineering Works 6% 3,072 A Ltd com—* Dominion Fanny 370 Apr 5.50 287% 27 ____. Dominion 10 I 20% Jun Mar 4.50 205 177 com 5% preferred David & Frere Limitee class A Class B 1 * Ltd Jun 10 see 570 51 9°S 17 75 footnotes 21% Jun 3.50 26 1 53% May 30 Ltd For 21% 51 • Trust Co a99 Limited 21% 50 Sangamo 20% • Biscuit Zellers 14% Mar Jun 47 21 17 ___20 104 a99 & Jun Apr 29% (Geo.) Jan 9% common & Paper Inv Wines Consolidated Paton 42 99 15% » Gooderham 1.50 265 Lithograph Mfg Co Ltd__* Consolidated Paper Corp Ltd • Jun • Walker 300 10 Consolidated 46% 42% 1 100 Wilsils 3.25 9% 100 Gen Consolidated Paul c Weston 3.10 9% Jun 114% Hay * preferred Power Co Wabasso 3,10 * Products Ltd Neon 8% Jun Feb 100 Steel Jan May 14 Commercial Jan preferred United Claude 22% prefererd 7% Invest Products Chateau-Gai Jan common Tobacco 92% "B" Chatco Steel Jun Thrift Stores Ltd Tuckett 985 common Westinghouse Food Class 12% preferred— Brothers Catelli 102% 1st preferred Canada 104 109% Cassidy's Limited commqn.. 7% preferred 5 1 Canada 104 • Western Lumber Canadian 960 1 Chemical 6 Rand Co Ltd Vickers Canadian 20% 8.80 A of 8% preferred Canadian al03 6,090 preferred Co Jan Jan 100 Inter Canadian Pwr 19 preferred Standard 6 3% Canadian Marconi Company al03 Williams of Canada Southern 275 31,370 preferred • Shawinigan Water & Power Southam 5% preferred___100 common preferred 4%% Industries Ingersol Canadian 12% Lawrence Flour Mills common Tooke Feb Jan 10 ___49 class Jan 14% 101 Jun 8 4.95 preferred Canadian 11% preferred Simpsons 57 149% Jun 7% — » . • t Feb • — common v 15% Apr 19% Mar 47 55 Jun 38 % Jan Breweries Canadian Great 320 23% Jan 2.00 4.60 Investments Feb 99 Common General Jan 45 7% Canadian 9 12,471 Sicks 12 Jun 13 71/2 "B" Products Jun 90 Sherwin Jan 12 or 4.00 Elec Co Ltd 7% • common class Gen Jan 100 100% 4%% Food Canadian 37 12 —100 Ltd Canadian 103 81% B 11 11% a 1 Dredge & Docks Co Ltd Apr 84 Series 225 11% Jan * May • Sheraton 10 Ltd_ 30 1,825 4% Feb ; class 102 3,565 A Vinegars Canadian 7% Ltd 20 20 Series 8 Ltd Co Packers 103 56 Paper 1.70 30 Canada & Dominion Sugar Motor 18 Lawrence 6% 2,300 10 Manufacturing Ltd 11% * preferred 2nd 5,410 2.00 1 Ford 51% 2nd 12% 10 ♦ Fleet 1 4%% 9% 1.90 Ltd Apr 52 Corp 11 Butterfly Hosiery Co Ltd Jun 64% Mar May 9"% Mar 100 Mar 11'% 24 •n 2.00 "A"_» class Preferred 51 64% 20 * 90 100 Power Ltd 103 * preferred 22% 13 Feb * B * common Jan 18% Lawrence Packers Jan 20% „ common 17% • Paper class Jan 7 14% * 50% • Ltd Co Ltd "B" Company Burnett High I,400 37% 450 Ltd Co 9% 10 Corp ol Canada & 8 % 449 • Bros 9 85 Co Saguenay 6% 19% 2,526 Royalite Oil Ltd 5% 17% 31 Corp Provincial Transport Quebec Power • „ 75% a50% a50% 8% Development River Rolland Apr 25 % Mar 7% preferred 4% 28 25% Mar 77 » Viau Jan 910 30% Products Ltd 5,985 Paper Columbia Class Donhacona 500 * Power 29% May Jan 16% 28 31 common Steel 21 Jun 29 7 % Tubes St 93 Apr 27 • Penmans St 455 common__5 Page-Hershey 1st 24% 85 9 29 pfd__100 common Mill* 20 Jun __100 Weaving Mines Steel St Jan 7% 17% (H) Car Flour Price Jan 670 5 Ontario 6% 17 11% 13 40 Breweries Ogilvie Placer 15% May 29 Preferred Powell 50 24 > Drug & Chemical Niagara Jan 27 & Noranda 19% 11 A Tramways National Jan 13Jun 22% 25 Locomotive National 28% 300 886 ____ Telegraph National Jun 14% 12 B Montreal 90 16 ~ (Robt) Montreal 75 22% * common ; Breweries 230 16% Brandram-Henderson Preferred 19% 22% 9% Massey-Harrls Class Jun 11 11 11 Montreal Jun 25 15% A McColl-Frontenac Oil Moibon 60 Feb 26 class preferred Mitchell May 9% Export Class B Mailman 19% Jun 12 Jan 14 22 % Ltd MacMillan 8% 46 19% common Ltd 7 17 % Bickle-Seagraves Lia Brown Low 7 5 Jun 34% 15% Apr 29% Mar 18% 32 Secord Lewis Jun 6.00 Mar 44% Ltd Ltd Sons 41 33 Co Service Lake 1,030 46% Power Labatt 500 18 % 7% common Petroleum Public 5 17% Feb Canada—_I„* of Paper International Jamaica 26 33 __100 Acceptance preferred $1.60 26 Jun & Range Since January 1 High Ltd Co Ltd. Pr Low * Develop Steels 5% 25 Imperial Tobacco of Canada common_5 4% preferred 25 5% Sharet, Jan * Paper preferred Hudson 17% 104% 100 & 30 110 17 • preferred Lame a95 17% Bakeries Ltd Gypsum a95 ioo General Steel Wares common for Week Ltd— Works Anglo-Nfld Canada Gair Sales Range of Prices Par Glove Acme Bathurst Dominion 7% preferred Donnacona Paper Week's Last Jan 20 Friday Sale Price STOCKS Jun 35 18% * common Montreal Curb Market 50 •_„* Chemical 30 High 30 50 25 preferred Steel Low 12% • JUNE Range Since January 1 High 19% — • common Dominion Shares Low 35 MARKETS ENDED for Week of Prices * pfd WEEK Sales Range Sale Price LISTED FOR 41 Ltd - —_—1 9%c Jun ^ Commercial and Financial Chronicle The FOR RANGE Range for Week of Prices Shares Sale Price Low Par Gold Eldona Gold Sol Mines Goldbeam Goldora Kayrand Mines Lake Shore Llngslde Gold 28c Feb 47c Jan 6c Feb 10c Jan 4%c 6c 5c 5c Ltd 5 9.80 New Coal O'Brien Gold Mines 19,000 2c Jan 35c 45c 77,300 21c Jan 60c 58c 58c 500 20Vic 36%c 70,500 24c 300 16 Vi 17% 4.00 4.00 1,000 60c 90c 386,100 15c 15c 8,000 62c 225 11% 10% — 3,000 4%c 4c 9,500 14,900 11% 11% 12% 1,200 60c 60c 70c 4,500 Jun Jun 1612 82c Jan 361/2c Jun 20% Mar 4.00 Mar 5.25 Jan 60c Jun 1.33 Jun 6c Jan 20c 10% Jun 14 3%C Jan May Feb 30c Mar 45c Jan 86c May Jun 13 Vi 11% Feb Jun 60c 85c Mar Jun 66c 500 Jun 39c 77c 701,550 39c Jun 99c Jun 40c 40c 5,000 32c Jan 50c May 66c 6c 1,000 3c Jan 6c Jun * 65 c 65c 80c 4,600 65c Jun 95c Jun 2.90 2.85 3.10 3,300 6c 1 1 * 1 Ltd — Co 1.05 11c 35,500 1.05 500 3.50 3.50 Ltd 3,800 2.50 Mar 3.30 Jun 1.49 2.32 Apr 3.05 Jun 19c Feb 1.53 Feb 4.00 Feb 8c May 15V4C Mar 28c May 4c 1,000 26.500 7c 9c 18,700 2 Vic 1.07 1.12 1,000 1.02 20 20 150 7c 8c 5.500 25c 25c 20 — Jan Apr : 5c 22c 7 Vic ——. Jun 1.05 5c 1 Jun 10c 20c 20c 1 Quebec Yeilowknife Gold Mines Ltd—1 Quemont Mining. Corp Ltd (Uni 14c 1.05 -1 Ltd 7,500 1.75 1.49 1.51 50c Jan Feb 19c May 1.84 May 2.30 3.20 387,350 1.28 Jan 8 % 9% 2,870 7% Jan Atlas Yeilowknife 1 21 Vic 21 Vic 26c 20,500 10c Jan 1 7%c 6 %c Aubelle Mines Aumaque Silver Miller Gold Bankfield of of Nova Bank of Class Bralorne Mines Feb Mar 68c 80c 10.500 67c Jan Standard 48C 15.600 Mines Gold Cons Suiuvan 1 Ltd 1 20c 19c 24c 22 500 Mines Ltd 1 2.55 2.50 2.90 23.950 Mines Stadacona Ltd (1944) Ltd 41c 42c • Jun 41c Jan 6c Feb 2.32 Goldfields Silver Torbrit Trebor Mines Mines Ltd Each Ltd share of Brazilian Gold Mines 2.62 Apr 1.03 56c Jun May Wendell Mineral Class A Light Class Central Leduc Consolidated Continental Oils Class B •6c 6%C 5c Jun 14%c Jan 56c 44c Jun 71c Jan 2c Feb 29 %c May 3c 3c 3%c 8,500 2c Feb 5%c May Burns 3%c Mar 9c 6.35 Jun 6%c 30.500 5.20 5.05 5.50 Petroleums Oils Jun Jun Feb 4c 1.95 Jun Feb 1.17 8Vic Jun 500 60c May 82c Jun 1.000 24c Mar 45c 21c ^ 21c 1.000 6.00 1.500 1.45 1.45 1.50 3,200 1.50 1.40 1.70 550 13c 2.25 1.22 Apr Jan Jan 1.05 Mar 1.50 1.70 200 1.01 Feb 14 15% 28,761 103/4 Feb 14 % 23c 6.00 1.88 Jun Jun Feb 2.10 May 2.10 May 16 Vi- Jun 5c 5c 5c 5.000 33/4C Mar 9c May 5.60 5.05 6.50 1,100 4.20 Mar 7.25 Jun * 41c Ltd * 500 18c 11.500 60c 72c 50c 17c ' * 50c 50c 43c l Ltd 4% 85c 3.800 Toronto Stock 9.100 18c Jan 59c Jun 10Vic Feb 60c Jun 9 Vic Mar 18c Jun 41c Feb 1.16 May Power & Week's Range for Week Preferred of Prices Shares 25 3112 16,625 21 % Jan 33% May 24V4 24 5 8 17.975 22 Vi Jan 245/a May 221/2 23 200 22% Jun 104% 104V2 10 100 Vi Apr 36c 3,050 27c Jun 55c Jan 3,000 4%c Jan 12c Jun • 1 Rights expire June 26 Aluminium Aluminum 1 40c • 64 Vi 16 Ltd Co Canada of 4% pfd—25 receive record share June of Mines Ltd for each ..., 10 - 17 Va 4,645 151/2 63 69 26% 2,360 275 13% Jun Jun 12c May 60c Jun Jan 19 52 3 4 Feb 70 Jun 26 Jan 27 Mar 22c 30c 55c 60c 8.600 52c Mar jqc 8c 10c 10,300 7c Feb 2.60 4.75 237.150 44c Jan 29.500 9Vi 1.75 May Mar 55c 15Vic Mar Jun 49c May 65c Jan 14Vic May 5.00 Jun held, • 5.15 10 4.80 10 5.90 10'8 121,300 3.80 3,062 9.60 Feb Jan 6.30 Jun 11 Vi Apr 1 22c 22c 23c 10,000 18c 4U,c 4Vic 5 Vi C 21,700 3 Vic Mar 8V2c May 1 43c 36c 47c 130,800 12c Jan 68c 1 j5C 15c 16c 7.500 14c Mar Mines • 7% 7% 8% 1,610 76 76 78 65 6c 10c 6,171 5c 1 36c 34c 48c 292.253 22c \ 13 %c 13c 18c 24,100 9c 1 _ Gold Armistice For footnotes Feb 100 Ascot Metals Corp Hardware class see 27 %c Apr A 1.40 1.25 1.75 785,311 50c Mar 15 15% 250 page 45. 10 Jan 44c Jun Jun 19 13% 19 140 16% Mar 19 53c 46c 62c 246,300 24c Feb 76c 5c 5c 6c 16,500 4c Jan 6%c Jun 15 Apr 17 Jun 12c Jan 16c Apr 39c Jan 64c 2c Jan- 16 % 16 % 75 12c 14c 15,600 12c 45C 45c 14c 11 Vic 48c 14 9,811 20c 209,250 13 . 28,600 10'% 10% 100 10 %c Mar May May 9 Feb 10'-» Jun Jun 25c Jan Jun 10 Jan 14% Jun 15% Mar 13 Feb 21 Jun Jun 29,867 7.75 3,310 7.45 14 % 14% 275 21 21 25 20% 7.50 Apr- 25c 23c 10c 10c 14 Vic 7.40 10 Vic Jun 22% 16C Jun • 29% 28 31% 30,833 25% Jan 32% Jun 29 29 Va 220 32 Jun 90 3 4 29 100 pfd Products class A class A • 25% Mar 55 230 99% Feb 3.70 3.75 91 Va 101% 102% 90% 101 Vi 4.00 24,320 2.75 Jan 4.50 Jun 89 May Jun 91% Jun 103 • 11 11 12% 435 11 Mar 12% Jun -* • 7% 7% 8 1,105 6 Jan 9% Apr 29 29 32 3,340 27% Jan 32% Jun 3.95 3.95 4.70 7,350 2% Jan 5% 56c 56c 65c 29,700 16 3 '.— Co B class 105 16% 6% 40 13c 18c 61,700 1.40 1.66 4,720 19c 28c 309,000 6 Vie - - 4 6% 6% 7c 12,400 15% * 755 63,900 1,000 15 Vi 32c ' 34 40c 4 Vic 16 Vi 20 Va 32 34 1 28c 4 Vic • Products Yeilowknife Gold — — 2nd Linen preferred 1st preferred Edmonton Calgary & Calllnan Calmont Oils Calnorth Calvan — — 1 4 * * ' 7% 10c 50c Jan 16 May 6% 9c Jun Mar 1.40 Jun Jan 8c 4%c Mar Jun 70c May Feb 19% 8 Mar 20 %c Jun 2.23 Apr Jun 37c 11 %c May 30% Jan 36 28c Jun 55c May Jun Jun 3 (ic Mar 6%c 455 14 V* Jan 17 % Apr 22% 235 17 Feb 24 Ju.i 7% 73 13"Vi Jan Mar 32 Vic Jun Jun 23 Vic May 8% Apr 7% 535 7 8 Jan 150 30 185 16% 7.15 7.90 8,360 5c 5c 6%c 14,000 5c 54c 51c 68c 36,300 42c 8c May 10c 10c 13c 3,500 4.70 4.50 5.75 18,050 1 2.30 2.20 2.50 7,500 2.40 2.40 110 38 37 39% 2,110 29% 29% 29% 275 6 6 100 11% 12 300 4 Canada Bread Canada Cement common common * —20 Preferred 4 Canada Foils common A 4 11% Canada Machinery 4 * 6 5% 50% 50% 52 80 9% 10% 415 Class Canada Canada Canada Class Canada Malting Northern 4 Power Wire Cable & j—— of 2.20 Jun 3.25 Jan 2,35 May 2% Jan 34 Jan 42% Jun 29 Jan 30 5 Feb 11% Jan Jan 6% May 13 May 7 Jaa Jan 52 Jan Jun 12% Jan 5% Mar 47 9% 36 760 33% May 37 % Jun 26% 1,280 19 Jan 26% Jun 37 197 Jan Car 21 23 % 406 14 Jan 23 % 40 40 301 33% Jan 41% 88 % 88 % 10 80 Jun 90 Jun 35 36 240 Jan 36 Jun 2712 Jun 4 — — Apr 25 Vi 26% 1,555 25 Jan 20% 20 Vi 21% 6,234 20V2 Jun 23% Feb 18 19 750 17% Apr 20% Jan 18 % 19 V4 220 18% Apr 20% 11 11 % 785 11 May 14% 15 175 14 Apr 15 Vi • 18% — — 11 % 20 __ 13 Jan Ma r Jun 34 V2 38% 3,545 29 Feb 40% May 37 37 38% 165 37 Feb 40 25 24(4 Jan 27% • common — 34 Vi —25 Dredge _ • common- General Electric Machine Canadian Ice Locomotive common 4 Oils Cos Pacific Tire Canadian Wirebound "A" 250 10 Jun 10 250 Jan 10 Jun 10 Jun 22% Mar 30 May 10 72c 10 55 24 24 140 70c 81'c 16.200 4.50 Jun 6 Jan 12% May 237% Jun 1.03 May 60c Jan 15% Jan 18% Apr 16% Mar 20% Jun 16 16 16% 1,660 18 % 17% 19% 24,536 40 38 40 125 31 Jan 41 Jun 27 % 130 25 Apr 23 May 4 Gold Castle-Trethewey Leduc Oil Porcupine Centremaque Gold Chatco Steel common Research 1 -1 * —1 1 1 4 50c Chimo Gold 1 1 1 Chromium — A— —4 1 Malartic Being exch. (one new for each 4 old> for Citra-Lartic Mines Ltd 1 • Coastal Oils Cochenour Willans 1 Cochrane Dunlop common 45c Mar 58c Jun Cockshutt Plow 25c Jun Coin Jun Colomac Yeilowknife * Feb 1.17 1.35 1,100 1.10 Jun 2.50 2.51 32.700 2.20 Jan 2.60 Feb 1.55 2.00 257,950 1.00 Feb 2.10 Jun 60c 77c 33,450 60c Jun 1.63 Jan 15c 65c Jan 27c Jun 6c Jan 24c Jun 10% Jan 14% Jan 15,600 60c Jun 1.37 8c 34.200 4c Jun Jun 20c 38,500 11c 17c 51,500 12% 12 V2 130 60c 60c 74c 5%c 4c 16c 12c 16c 30c __ -- 16c 95c 26.300 74c 27C 39c 40,600 IIV2C Feb 1.00 85c 1.00 321 80c Apr 81c 18 18 500 4%c 4%c 22,000 15c 16c 8,450 72c 44,260 1.65 2.00 23,420 10 63c 1.70 1 Commonwealth Petroleum . 1.45 1.17 10% 220 55c 1.73 40c 1.16 Feb Jun Jan Jun Jan Jun 14 Jun 13 Jan 6%c May 15c Jun l8c 36 %c Mar 85c 1.65 9 15 Va 16 225 14- • 15 Vi 15 16% 2,995 15 15c 15c 16c 16.476 4c 4%c 1.60 1.60 1.75 _ 9c 2%c 1 4 A 4 1.58 4 Jan 25 V 2.50 4 Mines Lake 1,385 4 Corp Knitting class Apr 1,255 4.50 10% 25 -4 common Railway Canadian 24% 25% 4.50 287% 287% 50 1 --4 Canadian Malartic 24 Vi Mar 10% 4.50 • Circle Bar 4 25% A Chemical 30 '■ Jun 10 • Celanese Canadian Jun 235 23 40 common — Canadian 235 227 4 100 Jan May Jun 4 May 2.63 Jun 6.10 35 3 common Canadian Class Jun 15c 4.20 May 24 % -- preferred A Citralam May 35% • Canners Canadian Central 9c 82c • Commerce Canadian Food Products Central Apr Jan Mar 24% —-4 "A" Breweries Cariboo Jun 8.90 6.80 Mar :-50 Permanent Mortgage Bank Class 125 Apr » 17% May * A Preferred Canadian 6 Jun • class Packers B Canada S S Lines common— Canada 16c 32! 12,000 16% * Ltd Jan Mar 7c 11c 32% * Oils Petroleums Apr 7c 7.15 May 16 ■ 32 81 Jan 7 16 Va • 1 Flon Flin ■ u—* class A Chesklrk Mines • Porcupine Aahdown 1,000 24% Central Patricia Gold Mines will Warrants . 2?c Apr Anglo Rouyn Mines Consolidated Res Arjon - 1 Vic 19.175 25 Vi 105 % May Aquarius Preferred T 15.500 60c Jan 25c • ; Argus Corp common 33c 7c Chesterville payable July 10. Canadian Oil Anglo Area - 6c 40c 26 Vi 2.75 33c Montauban Apex % 29 shares Anglo-Huronian , Mar 70c 1 * one 150 37.755 1 Lead of 91/4 1.45 • „ American Yeilowknife Shareholders 8c 9 1.00 112 c Cons Amalgamated Larder American Nepheline Anacon 8c 1 10 - Algoma Steel „ 27c * Pacific High 27 Acme Gas & Oil Alberta Low 22% Akaltcho Yellow Knife 1, Range Since January I High, 24% 1 33c 8.50 Jan Preferred * Agnew-Surpass , Low 100 Jun 20c Canadian • Acadia-Uranium 5.75 1.40 Canadian 20 common— A 100 Jun Mar Lake Convertible 8a1e* Last Paper 5.75 ■ 1 & Class Friday Abitlbi 5,75 — • Canadian Exchange Canadian Funds $1.50 preferred Acadia-Atlantic class Jun Feb 6% 1 Canadian Sale Price Jar. 42% — -® Canadian Par 14 Feb —* Class B STOCK!! Jun 39% 3c Campbell Red Lake 1 Petroleums 11 10,053 Jun • Ltd Petroleum Brazeau Superior _ • Pan Western Oils Ltd Picacadilly 8.85 76c 35c 4.50 • <= Exploration Ltd Feb 72c i "A" 6.95 Mar 49c 72c * common Feb 3.85 35c «■ Ltd Petroleums South 25,250 * Home Oil Co Ltd.__: Pacific 800 8c * Gaspe Oil Ventures Ltd Omnitrans 1.60 6c — Ltd Federated Petroleums Ltd Class 1.55 6c Oil Oil Company Oils Ltd General 1.55 .1,190 May 5c * 170 11% 42 Vi i JJurrard 5%c * Oil 12% 12 11 40 • * Jun 13c 500 Apr Jun 33% 11 11 Burlington Steel Jun 28.500 500 11 Jan 24% 40% * 72c 287.550 42c 55c 725 Bunker Hill 54c 46c 32c 8.00 33 May 19 % - Red Mar 26 c 42c 55c 29 Apr 45c 31,000 Buffalo Canadian 24 V2c May 33c 8.00 30 1 Building 16.500 V Mar Gold Buffalo May 1.40 May 20c — 20c Ankerite Buffalo Jan Jun 16c __ 259,700 35,517 Bruck Mills class A_; 16c 1 41c 10c Broulan Porcupine Apr 5c • Ltd Homestead Dalhousie Decalta Ltd 25c 70 • Jun 4c 1 ___ 38c 100 Jan 3.25 95c • Corp Ltd Oils Feb 8c B Caldwell Edmonton & 54c 8c Calder Bousquet Calmont 6,400 23 Elec 27c 0(1 Btocas— Calgary 56c July 3. common Columbia Power British 3.000 3,725 55c Pwr com_* 1 & B 15.500 I Anglo-Canadian Oil Co Ltd 56c exchange and one being class preferred- 16.500- 1 Products Western Ashley Minerals Ltd Westville Mines Ltd ; 1.83 __ B effective class 62c 1 Vinray Malartic Mines Ltd Jun 1.06 May 1 Ltd 1.15 • A Lake Columbia 5c 66,700 87,328 -1 _ Preferred Bulldog Vilbona of British American Oil 44c 45c 1 share Traction Red Brewis 1.15 1 United Asbestos Corp Ltd 1.56 -- share one 5c 95c 1 1.15 Roofing common for 95c 1 Ltd Jun 1.20 * Brantford Buffadison Tiblemont 42% _ class Cordage Packers 31c Jan __ Columbia 57c 38% * British 500 605 1 — May 3,500 42 — _ _ 42c 43c Jun 41 A Jun 82c 43 41 % <: class boymar 24c 41c Jan 1 Forest 82c 38% 1 Columbia 42c 445 1 British 82c 43 — — Jan Jun Jun 41 Vi „ Gold 31 %c 1.88 30% 42 % t! Bordulac Jun 1.000 11%C May Feb 1 Bldgood Klrkland Gold Biltmore Hats A preferred Bobjo Mines 25c 14.200 27%c Mar Jan * —. 500 24c Jun 6c 27% 1 A __ 4%% 2.15 17C 2,980 25 Sons class Bonetai Gold Apr May ,7 9,000 1 Brantford Jan 12,950 1 Co 5 Vi 9c Belleterre Quebec Bowes 100 30% • Bonville 6% 17c 20 Vic • _ Feb 1 Bladen-Malartic Mines A Jan 24c ■ class Gold Mar 3.80 • B & Mar 66c Jun * Beatty Bros Telephone Bertram 13c Jan 2.95 8%c * Bell Bevcourt Jan 12c 1 Ltd Power 4%c 9,725 10 Barymin Co Ltd Base Metals Mining Bathurst 14,000 92,800 3.15 10 8cotla Mines 8 Vic 27% 1 Toronto Barnat May 27 Vi 20 Vic 1 Montreal Bank 30c 10 Mines Consolidated Bagamac Jun 9% Mar 6% — 14c —1 Ltd Mines common Apr 3.30 20c 28 Vic * Au'to Electric 17 %c 2.95 23c 3.00 — 23 3/8 1.88 Mines Ltd — — _ 1 1 — Gold Aunor Jan 24c Feb 9 Mar 1.95 Ltd 7%c 2.50 19 1 — Sherrltt-Gordon Mines 31,000 — 6%c 1 yShawkey Mines Ltd Biscoe 25c 1 10c • Oil British Santiago Mines Ltd Senator-Rouyn Ltd (1937) High Low 8c Steels 7 Vic May I2V2C Range Siawe January 1 8c 1 Berens River Jan * Ltd Ltd Queenston Gold Mines 56 Vic Mar 20 Vic May 66c 66c 42c 1 Devel Jun 7 Vic 40c May Week Shares High Atlas Atlantic Bank 4%c 18c Ltd Co 10c 4 Vic 53c Gold Mines Ltd Porcupine Mines Ltd... Pato Cons Gold Dredging Ltd Mining 13c 1 Corp Labrador Feb 16c Pamour Pitt Gold 500 47c Omega Quebec 11V8 May —* 1 1 1 -T Oils & Mining 56c Jun 16c Ltd Mines Pacific Jun 48c Mines Ltd New Louvre New Normetal Feb 1 1 Mines Dickenson Goldvue Jun 5c 38c 5.083 9% Low • Mines Athona Apr 1,000 5,000 10 4%c 1 Formaque Mines, Ltd Jun 8c 33c 1 Ltd 6%c 12 Vic 12 %c — * Ltd Apr 3'/2c 5%c 1 Mines 7Vic Jun 9.75 1 Ltd 2,000 2%c Jan 38c 1 1 Ltd 15,000 5%c —1 Ltd Mining Corp of Canada Ltd Nechi Cons Dredging Ltd New 29,000 Jun 13,700 Macdonald Mines Ltd New Apr 7.50 12,500 Ltd Goldfields Louvlcourt 2.52 Feb 7c (1945) Mines Ltd.... Lake Rowan Jun 37c Ltd Mines Gold Dulama 1.65 4.45 7.00 Mining & Explor Co Ltd.—1 Labrador 1,400 25c 1 1 Kerr-Addison Gold Mines La 1.75 6.10 Mines Ltd Mines Mining 1.65 — Mines Joliet-Quebec Jan 6 %c Jack Lake Mines Ltd Jaculet 9c 6.20 Gold Mines Gold Jan 6%c Ltd Bollinger Cons Gold Mines Hudson-Rand 6c 500 1 Ltd Mines Rock Hard Jan 7c 1.68 1 Ltd (19451 Ltd Mines Fontana 2014 1 1 1 1 1 Ltd Mines Mines Jun 1.060 7c 1 Ltd Mines Sullivan bast El 1512 16% 1 Mines Ltd Mines Limited Gold Duvay East Malartic Range of Prices Par 15% 15% * Ltd Mines Dome January 1 High. Low High tor Last Sale Price STOCKS Range Since Sale* Week's Friday Week's Last Monday, July 3. 1950 . WEEK ENDEW JUNE 3D Sates Friday STOCKS . MARKETS LISTED CANADIAN . Jun Jun Jun 2.35 Jan 11 May Jan 16 Jun Jun 17% May 15c Mar 2.000 3c Jun 4,200 1.15 Feb 21c 7c 1.84 Apr Apr Ma v Jun [Volume 172 Number 4921 . . The Commercial and Financial Chronicle . (43) CANADIAN EANGE Friday STOCKS Week's Range ENDED MARKETS JUNE 80 Shares Friday fcr Week of Price* Pa Low National STOCKS Hioh Low High Mines 200 6% Jan 9% Jun Harricana 1.42 1.42 300 1.39 Feb 1.50 Apr Hasaga Gold Ansley Consolidated . 85c 2,000 85c Jun Jan 22c 113,100 13c Jan 34c Apr Heath 7Vic Mar 16c May Consolidated Bakeries Consolidated Beattle Mines Consolidated Central Cadillac 51c Consolidated Duquesne 63c Consolidated Lebel 8'/4 475 60c 26,600 5%c 5%c 63c 70c 5'Ac 9c 50c 57c 20c 17c 24%c 200,416 96 Howey Consolidated 8 50c 95% 101% 3,417 — Homestead Consolidated 22,100 — 6'Ac • . I Oro Consolidated Mining & Smelting Consolidated Press class A Consolidated Rochette Mines 9% Mar 50c Jun 74c 500 4c Feb 10c 13,400 60c Jan 40,500 4c 5,150 50c 8c May 5% 6 250 28c — 8 1.15 30c 18,650 Jan Gold Hedley Consumers Gas Corby ! 10 172 170 176 342 1.22 Exploration H) Distillery class A ( 1.10 1.45 32,400 9 Cournor Craig L_ Gold Croinor 9c Apr Highwood Crowshore Hinds Davies Delnite Del Detta Red Dominion 177 May 1.64 May 12% Mining Bay Mining & Smelting 45c 59c 6,100 49 50 110 15c 25c 129,700 7c Mar 19c 22,000 10c Jan 22c Mar 25c 9% Jan Ltd Dominion Huron Erie & Steel Dominion Oil 10 13c Feb 25c May Imperial 45c Jun 57c May Tar Apr 52% Mar Preferred 25'Ac Jun 4% 31c Apr Indian Industrial preferred 2 Dominion Jun 42c Jan 20 Jun 24 Textile 7 Jun 8% Jan 15c 21'Ac 54,800 Apr 24 %c Jun lnglis 10c Acceptance (John) & Feb 1.90 Apr Inspiration 40c Feb 1.42 Jun International Coal 8c 10c 17,000 6c Jan 14c Apr International Metals 35c 48c 115,640 28c Mar 58c May 21% 21 23'A 15,443 15% 15'A 17 5,240 27 27 27% 850 20 20 20 50 1.60 20 % 15 'A 26 19% 27 % Jan Jun 20 % Jan Mar 27% East Apr Jacknife class Waite Easy Apr 13% May Jaculet Jan 33% Jun Jellicoe 8% 8 8% 485 7% Feb 12 % Apr Joburke Elder 100 100 3 18'A 18'A 19'A 3,465 18% Jun 22% Jan Journal 37 39% 1,950 33% Jan 43% Jun Kayrand 22'A 22% 225 21 Jan 23 Jun common— 10% 10% Jan 67 61c 150,300 ' • 100 100 10% 8% 46c 8% 8'A ~ 6c 7'Ac 28,000 9c 11c 18,800 8c 6c 8'Ac 20,700 4c 25c 30c 25,200 23c ; . 100 ~ 8% Jun 103 Jan Jun 12 Jun 11% Jun 73c Jun 11 Jan 9c Joliet Mines Jan May Renville 11c Jun Kirkland Jun Laoatt Mines Ltd Jun 2.65 Apr 4.40 Feb 7.60 Jun Jun 6% Jan Laguerre Jan Lake Dufault Mines Lake Fortune Gold 5 1.60 5 5 51 52% 160 45% Feb 55 17% 19 225 15% 19% 100 Jan 23c Jun 40,364 8c Mar 6c 6c 8c 17,500 6c Feb 20 20 25 42c 40c 51c 13,800 Gold Fibre 2 5.80 May May Lake Osu Lake Rowan Lake Shore 19% May 20 Jun Lake 34c 76c Apr La 6.70 Jun Lapa 6.50 81,590 13% 14% 2,125 13% Jun 16 35'A 800 32% Apr 9% 11'A 3,950 9 Jan 37% May 12% Jun 120 124 80 115 Apr 5'Ac 6%C 6,200 o%c Jan 4.50 4.05 5.50 131,575 2.05 Jan 12'A 12 12% 80 8 Feb 8% 8'A 100 8% Feb 12% 12'A 12% 90 12% Apr 1.00 1.00 200 39% 44 17,940 24 Jan 45 Jun 110 30 Mar 45 Jun Class 29 Mar Manufacturing Motor class A Class 43 B Foundation Co 1.00 Frobisher Gair Oils Gatlneau 5% Power General Petroleums Class Giant Steel Wares Yellowknife Gillies Gold Lake Glenora God's Goldcrest Goldhawk Goldora Goodfish 50 (Graham A Class 1.75 Jan 2.10 May 1.00 Feb 2.08 May Great preferred West Great West Great Coal Louvicourt Mar May Feb West Greening Class 20 9.20 May 11c Jun Export Malartic Feb 4c Jun 70c Jun Maple 30c 36c 19,000 30c Jun 43c Apr Maralgo 16c 18 %c 16,000 15c Feb 5c Mar 27 %c May 15c May !7%c Jun 10c 3.35 May Jan 11 %c May 9c Apr 4c 89 89 101 84% May 95 52% 52% 52% 110 52% May 9% Jun 53% — Jun Manitoba Lead & Gwillim Lake Gypsum Hahn Brass common Preferred. 80,875 1,800 49c 1.55 ^ Mar 85c Jan Jun Jun 2.40 Jan Feb 1.34 Feb 40c 46c 32% 465 30% Mar 34% May 32 590 30 33 40c 7% 25 16c 19c 47,000 32c 73,400 2.40 2.75 32,815 2.33 45c 55 c 31,900 44c 6c 7'Ac 16,500 5c 11c 19c 7'A 13c Jun 62c Mar Feb May 9'A Mar Jun Jan 31c Mar 13'Ac Jan 43c May Jan 3.25 Mar Jan 85c May May Jan 10c 121,100 10'Ac Mar 23c Jun 2.11 Mar 2.45 3.00 123,092 11 13 2,905 10% 12% 2.36 2.80 34,350 30c 39c 23,500 2.30 2.95 60,900 2 %c 3c 14,200 7,920 9'A 7% 2.36 30c Feb McLellan 4.10 Apr Jan 13'A Jun Jan 13% Jun 3.20 Apr Jun Jun 60c McMarmac Red Jun McWatters Gold 1,000 Jan 20c 2,941 14% Jan Mercury Jan 21% May 46'A Jun Jan 26 Feb Mexican Jan Mid-Continent 5% Jun 10 75 9% Jun 11% Mar Midland & 100 4.13 Jan 4.75 May Milton 1,500 12c Apr 43c Feb 12,000 7c Jan 20c May Feb Model 13 %c Apr 4%c Feb 7'Ac May Apr Monarch 7,000 2,406 17% Feb 21 May Moneta 15 14% 15 265 14% Jun 24 21% 145 20 Feb 27 Feb Jan 8'Ac Mar Jun 32c Jun 23,000 13'Ac Mar 31c May 17,000 3'Ac Mar 14c Jun 10,561 21% 29% May 29% 39% 7,190 13% 14% 6,980 13'A 99 99 99'A 60 20c 26c 13,000 Jan Mar 30 16% Jun 100 May Jan 97 Apr 10c Jan 30c Jun May 60 985 58'A Jun 67 Jan 40c 49c 28,700 40c Jun 60c Jan 6c 58% 8'AC 56,500 3'Ac Jan 13'Ac May 12'Ac 16 %c 61,500 8c Feb 16%c Jun 10'Ac 10'Ac 14c 3,500 8c Feb 14 %c Jun 3.90 665 3.00 Jun 6.00 Apr 1.90 1.90 200 1.75 May 2.10 Jun common Jun 5c 8c 3c Jan 10% 16% 50 14% Apr 16% Jun 1.80 1.60 2.15 33,375 1.10 Jan 2.25 Jun 11'A 10 12% 10,681 10 Jun 13% 51c 60c 3,000 31c Feb 66c May 20 Oil 20 225 16% Jan 20'A Jun 5c Grain Pacific class A 12,500 9c • Feb Feb 21'A Apr May 3.45 Containers 3,600 10% Jan 27 6'Ac 5F Corp 6c 3'Ac 106 18c 29% Oils 20% Jan Mar Apr 13'Ac Lai Brick Mining 24c 3.75 3%c 28% 42o Lake Light & Power 4.65 1,500 226,800 17c Mills 4.65 5'Ac Jun 8% Mar 25% 59 Gold Jun 12c 5'Ac 2c 102 22c 100 10% 19c 20 220 13% common 35c 10'Ac 103 8% 18c 28'Ac Segur 12c - 103 8% 2.30 26 Preferred 11c 6% Jun 30% 25C Ltd 20 250 — 24c 4'Ac 5c 9,000 3%c Apr 2'Ac 2'Ac 3c 14,100 1 %c Feb 4%c Mar 11% 11% 210 11% Jun 15% Hamilton Bridge 15 76c 1.70 8% Preferred McColl-Frontenac Red 4%C Mines—. 60c 1.55 2'Ac Porcupine Gold Cotton 14'A 8c 13'Ac Mclntyre Swayze Rock-Gold Jun 18c McKenzie Halcrow Hard 10% 100 Massey-Harris common 18% — Harding Carpets 4,390 2.45 Mines Apr Halliwell Hamilton May 11'A 10% 2.45 Gold Marcus 42,800 5c Alabastine— Jun 21c Martin-McNeely 18% Gold Lime & 85c Feb 5'Ac Malartic 10 17c 17'Ac Gunnar Gold May 5'Ac 2.62 Mines Marbenor Modern t Mar., 45c 10,600 11'A Mines A Eastern 15c 55 May 28c 147,900 16c 35c Mar 19c 10 %C Mines Gold class Sugar preferred Leaf Milling 28c 6 .j^49c 11,200 81c 6c Goldfields 15c C Jun 36c 11 10 — Jan 14c 15c 45c Manitoba Mar 6 — May Mar 2c common 1.34 58c 2.47 —. Mines Consol 57c Mines Guayana Gulf Felt Jun 7% B 17,900 Saddlery Wire Jan 1.32 30c 16C Madsen Red Lake Gold Mines 33,500 20 Jan 26c MacLeod-Cockshutt McMillan 69c 20 Jun 3c 12'Ac Mines Macassa 7 %c 1,045 84c 5.30 22c 31% Goldfields MacDonald 3%c 22 46,600 133,000 3.95 Mar Jun 7c 22 1.10 6c 10 %C London Hosiery class A 59c — 84c A Lynx Yellowknife 2%C 40 Jan 31 1.05 May Jun 3'Ac 40c class B 12,500 Mar 55c 116,300 — Lac Groceterias 13,800 2,250 237,100 16C 24,100 Long 1.65 3c 11,165 95c 12c Apr 1.75 3c 4.75 55c Jan Jun 1.40 Jun 4.25 Jan Mar 12c 1.30 Jan 15c 20 . 10c 3.00 110 4%c Mar Jun Mar Feb Jan 3%c 11c 19 Feb Jun 18,500 575 1.03 2.00 24,000 7,500 4'Ac 104% 9c 12c 19% 3'Ac 90 6%c Mar 1.44 1,500 450 5%c Jun 80c Jun 4,000 107 4'Ac 20c Jun 1.03 19,220 2.50 Jun Mar 45c 7c — 105% 4%c Mar 10c 4,700 40,500 11c 6c 105% Apr 22,400 50c 10c Jan 3.20 May 99 6.00 Mar 15c Jun 1.15 19% — 1.04 River 101 Jan 12c 45c 1.03 80 1.14 Lexindin Gold Macho 46 20% Mar Jan Jun 6c Lencourt Gold Apr 44 9'Ac May 16 43% 1.03 Leitch Jun 19% 44 4%c Mar 9,085 €%c Gold Apr Jun 20% 5,500 18% Jun 9 17% 17'A 165 7c 16 Jan 2,645 13 76 6c Jun 9% common 68 1.30 15c Great Lakes Paper Jan 12'Ac May Jan 18% Mines Feb 11c 74c 17% 19'Ac Bousquet -Grandoro 6c 7'Ac 1.16 Red Lake- Gordon Mackay class A . 16,500 Jan May 86,200 12% 12% 89 common 35c 1.20 Leduc-West Macfie — Preferred 14 Jan 96c Jun McDougall -Goodyear Tire Jan 4c Jun Jun 2c 82c 14 20'A 2.22 5%c Mining Jun 10 162,140 Apr Jun 2.23 46c 14 18 Jun 49,200 59c 14 21c 29'Ac 17'Ac May 150 Jan 2.60 Jan Lawson & Jones class A 6.00 Jun 4'Ac Porcupine Mines 10c 46c 28,000 134,211 20% Apr 1.40 2.29 10c 12'Ac Jan 20 8c 2.15 2.29 Mar Apr 91% Manitou Jun 15c 17 20 Golden 62c Jan Jun 28,785 5%c Jan 4%c 15 105,250 7,029 21c 20c II,300 610 95 47,500 Jun 44,121 9c 16 2.02 20,000 13'Ac 49c 15% Laura 2.75 7c 1,600 31c 15 Secord Jun 127 95 15c May Jun 1.40 10c May 12c 7c 2.15 10c 13 %c 12 May Jun 5'Ac Jan 4%c Mar 3c 98 10c 8% 42,200 25,500 50 5'Ac 12,465 8c 5c 3'Ac Mines 101 11'Ac Mines 10% 9% Jun 3c 16c Gold 155 3c "U" 101 Arrow Eagle Feb Larder Apr Golden Gold 142% Apr 31c Gold Mines 270 7c 7c Lake Goldale 149 149'A Apr 6c Jun 5c Jun 7.75 May 6,500 35% Jun 69c Oil Apr Jan 2%c Gold Globe 29% Feb 16c 49,953 26,854 4c 32% 8.10 34% 5.80 32 % 7.00 Jun 32 2'Ac Feb 7~25 Mines 32% 1,000 Jan 17% 27'Ac Feb 3,912 8%c 675 Feb 26 2,500 25'A 19 20c 1,495 5c 55 17 % 1,500 4c 100 common Jun 25c 6.50 Magnet General 14% May 5c 1.55 common A 50c Jan 4c 2.50 10 Mar 9'A 5.80 500 Bakeries 36C 5c 17% preferred General 655 10,645 4C 1.74 com 13 6.00 29 10 Ltd 7 32'A 62c Gold 2.35 preferred 21% 30 11 Cadillac 91,4c __10 Exoloratlon Co Garrison 29 K5 65 Lapaska Mines 28% to 00 Preferred Jun 906 8% 1.55 9'Ac common Jun 9 36% 15c Mining 28'/4 „ Gold Cos 40 34 65c Ltd (1945) 1.49 Francoeur Fraser Jan Mar 7c Mines Loblaw 43 1 4.05 Mar Little Ford Jun 7'Ac May 87c Mines Wasa Luz 6'/8C common Jan 18% Feb 30c Mines Lamaque Jan Mar 43 Products 27 Feb 3c 61c Lake Lingman 74c 47c 9% Preferred Apr 15% 16,500 12 %C Gold 23 %c May 12c Mar 33% 10 5.50 36%c Jan Jun 13% Petroleum 25% 55 6c May 33% Fittings Ltd clas A Fleet 6% 4% May 76,450 Federated 150 18% 4.40 Labrador Mining & Exploration Ladulama Gold. Mines 3.60 51 Kirkland 26'A — 1,300 17% common 26 3'Ac 19% Ltd 45,033 232,250 Federal Townsite (John) 154,335 15c Grain Jun 18% 45c 7.00 37c Preferred 7% 26 1.08 2.11 56c Federal 7 14'Ac Lake 4.25 * _ 250 7c 1.60 25 Nickel 7% 17 6.10 20 Players 7'/4 Jun 68 : Keyboycon 31c 23c Famous Mar 10c 4.00 Fanny Farmer Candy Shops Apr 15 14 Gold Feb 44c Falconbridge 28 May % May 49c 1.63 preferred Jan 13 24 %c Kerr-Addison Mar 9'Ac (T H) 21 1,515 6c 6.35 __ Corp 39.290 13% 39c Mining Kirkland 15c Estabrooks 27 13'A 13 V4c 13 %c Ltd Publishing May 45c Eureka 24% (1939) Quebec Mines. 20c Jun 29c Sol 32% Apr 9Vic 5%c Mar Gold El 24% May Jan 9% Kelvinator 8% 46c Pen-Rey Feb 30'A 32% . Kelore Mines 37 Mines Eldona El Feb 23 25c Gold ■ Investment 122 50 1,455 5c Mines 23.50 Washing Machine Economic 20 24 32'/8 10c 13 26 V2 1 Eddy Paper class A 125 24 Mining 10 Mines May 125 31% 30 A Gold 1,640 25c Steel 125 Jan Jun Jun 32 Coke International Petroleum 32 lie Sullivan Eastern Jan 48 Jun 22 Jun 13% East Malartic Mines Jun 9 —5/10 29% Leduc 6c Apr 8% Preferred Apr 13% East Crest Oil East Jan 6 12'A & International Nickel Co 13% Amphi 2c 140 34 common Kirkland-Hudson East 845,000 7'A Mining 30% : 4'Ac 50 41% Mar 40c 42'Ac 3,300 125,450 48'Ac & Mudge class A Duvay Gold Mines 3'Ac Co 1.65 1.35 — Donnell Jan Ingersoll Machine class A Woollens common Mar 26c 4,059 Jan 180 1.60 Mines 6c 500 47 38% common 430 100 pfd 15'Ac 22,200 40c 5c Varnish Lake * Chemical 7'Ac Jun 45 £ 30,300 • & 6'Ac Imperial Tobacco of Canada ordinary- 47 199c 25 16'Ac Jun 100 • B Mar 100 Bank paid * class 4c 25% 20% Imperial 8% Coal & Dominion Donalda common Jan 21 • Dominion Stores 13% 33,600 7 30c 10 : 43,067 14c A 7'A 25 common Jun 16'/a 10c 3%c class 2 Fabrics Jan 16'A 13% 40c Malartic Apr Jack Dominion Jun 11'A 45 Hudson 41c Dominion Foundry & Steel Dominion Magnesium Dominion Malting preferred 20'A Jun 6'Ac Hoyle 8c „ Jan 9.70 14 % Mines 1.02 ; Jun 16% 11 %c May 11 %c Yellowknife Gold 1.60 Bank 15c Homer 7 Ltd Dominion Coal preferred— 6'Ac Mar Feb Jun 6.200 17c Dome Mines Ltd Jan 8,500 Jun 20 Ltd Seagrams Jun 10c 565 7 Yellowknife Distillers 80c Jun 5,930 17% 19c Lake Discovery Mar 5c 10 Feb 18c 22c Producers Feb 58c 39,100 19% 20% Mines Rio 6c 3,900 7c 9.70 & Hunts 14 % „„ Oils .7,320 65c 12c 14'Ac Oil Hugh 150 Class D. Decalta 8 Vac 5c 18'A Apr 49 A 6c 60c 5C 9.75 Apr 14c class Jun 9% Apr 1,000 Petroleum Leather 10 50 Sarcee Imperial Davis Jan Jun Jun 9% 18% 12 1,700 18'Ac 39c Dauch 29 18c D'Aragon Mines Feb 2,000 Hollinger Consol Jan 48c Patricia Jun 22c Feb 7c 28c Home 6% Jan 8% _10 15c Jun Jan 16c Nest Coal Jan Jun 30c Jan 17'A Mines 6c 27c 1.07 Mar 6% I,200 106% Jun 8% 7,000 47c Jun 65c 5 'A May 8'A 6%c 14% May 65c Hignridge Mining 91% Mar 21 5%c , 9% Highland-Bell- May 8 — 8 Pershing Crow's 25 3'Ac Mar High 9'Ac 11 %c common Mines May May 1.05 18c — common Crestaurum 100 25 16% —. Mining Bit 1,265 9'A 25 common 10 9% 9% Class B Corrugated Paper Box Cosmos Imperial Mills Feb 36c 6%c Hendershot Paper Heva Jun 160% 30c 32c 28c Hosco Donwest Mar 8,800 Low 12c Mascot Mar 26c 5c High 9c 5%c Headway Red Lake 15c 9c 11'Ac Range Sine*) Jtomiiwy 1i 70,200 Low 9%c 85c 9c Shares 35c Gold 18c Astoria for Week 9%c 85c Consolidated Sales Range of Prices Pa 8% ' — Week's Last Salle Price Range Since Jannary 1 8% Ccniagas Mines Con.aurum WEEK Sales Last Sale Price Conduits LISTED FOR 15 15% 300 13% 38c 36c 49c 115,000 26 %c Jan 9 9 9'A 470 9 Jun Feb 7c 16 63 %c 11 May Monarch Montreal Moore 17% 19% 1,875 75% 82 1,219 26% 27% 75 60c 119,100 75'A Mosher Long Lac Jun Mylamaque Jun National 51c Chemical 45c 13c 17c 48,000 common—5 8 8 8 "2 445 5 11% 11% 12 115 Mines Drug & Preferred 12,700 25 Apr Jan 45 34c 17% common Preferred 9 14% 30c 9 — Locomotive Corp 80 9 14% 30c Knitting common Mortgage & Investment Porcupine 13c 10% Mar 8 May 12 Apr 14'A Jun 30c Jun 41c Apr 17% Jun 22'A Apr Jun 75 Feb 83 26% Jan 27% Mar 16c Jan 75c 6c Feb 18'Ac 8 Jun 10% Mar Jun Jun 9'A Mar 12% Jun ,43 44 The Commercial and Financial Chronicle (44) CANADIAN RANGE Friday Week's Range Hosiery National National Low High High 11% 275 Jan 28 250 10% Apr 27% Mar 12% 28 28% Apr Slater * 19'/a 19% 20'/a 875 19% 23% Apr * Pipe class 2.40 2.15 2.80 176,645 60 A——* — 43 .*.»»* 20% 20% 43 21% 640 30 30 75 Steel Trust „ 1C 24c Jun Mar 40% 19% 27 Negus Mines • (Wm) preierred Alger New Bidlamaque New British New —1 Feb 46 Jan Southam Co Standard New Nib Mar 1.00 class 42c 31,250 31c Jan 50c 33c 40c 5,700 33c Jun 51c Jun 2,40 3.10 472,375 43c 33c 6%c 6%c 8c 19,000 5%c Mar 1 16c 16c 21c 89,300 16c 1 3c 11c Jun Apr Canada min^s Sudbury •>-"> Contact Sullivan Cons 6c 15,000 3c Feb 7c May 5 %c 49,500 3c Jan 10c May Surf 10c 55,000 7%c Apr 12c May Sylvanlte —1 13c 13c 16c 31,575 9c Jan 25c May 1 5c 5c 6c 10,000 2%c Jan 12c May • 45c 40c 50c 128,200 40c Jan 79c Apr ; • 100 — 700 69 6,379 64 Jun 4c 64% 1.10 64 — • 1 4c 3,100 10c Jun Mines 1 50c 50c 59c Mining • 2.91 2.75 3.25 42,970 1 5c 5c 6c 22,000 Mines 200,825 1.00 Mar 50c 77c Apr May Toburn Jun Tnmhlll 9c May 1 17c 12c 18c 29,250 6c Jun 37c 1 9c 8c 9%c 7,000 7c Jan 18 %c Jun 1 7c 5c 7c 35,500 5c Jun 10%c Jun 8% 8% 9 1,425 8% Jun 5 5% 5% 5% 50 5% Apr 6 6% 6% 6% 25 5% Jun 7 Jun 34c Feb Specialties Obaska 1 26c 25c 34c 77,400 1 1.58 J.45 1.80 48,970 • 12c 12c 18c 8,000 1.60 1.55 2.99 34,800 - Gold Mines Ogama-Rockland Okalta Oils O'Leary • - Malartic Omega • 20c 18c 23c 73,000 1 Gold 11 %c 10c 15c 213,900 Omnitrans Exploration Ontario Loan Ontario Steel • — —* 52 __r_i 2.24 j Elevators Iron Works 128 Jan 39 Jan 6 6Vs 200 1 9c 8c 11c 38,000 Orlac 1 8c 6%c 9%c 24,000 1 1.16 1.06 1.40 273,755 9c 131% 53 5% May 8c 5%c 7% Jun 15c Jun Feb Apr Feb 12%c 1.75 Jun (Eastern) 1 4c 7c 500 Pacific Petroleum 1 5.60 4.20 7.25 • 46% 4.6% 49 189,025 1,200 95c 1.15 33,600 95c Jun 38c 52 %c 111,350 17c Jan 5c Page Hershey Pamour Pan Paramaque Parbec Tubes Porcupine Western Mines • Ltd Oil —10c Mines Malartic 43c Unipn 1 4%c 1— ... _ 4c _1 Paymaster Perron Consol Corp Gold _ _ _ _1 45c — . Preferred United Keno : Oils United preferred- 10 310 Villbona 3,000 3c Feb 7%c Apr 4%C 6,500 3c Jun 10 %C May Vlolamac 19,300 2c Jan 7c May Vulcan 27c 15,130 Jun 34c Jan 63c Jan Jun 1 ■ 45c 16c 46c 744,478 7%c Jan Gold Gold • _ Oil 2.10 1.90 2.30 83,315 1.70 1 Mines _ May 2.80 2.80 3.05 500 2.80 Jun 3.00 3.00 62c Jun 3.15 May 3.45 Mar 3.80 22,150 Porcupine Peninsular 1 9c 8c 14c 73,810 3c Jan 21c Porcupine Reef 1 60c 67c 17,750 60c Jun 82c Feb 51% 55% 3,340 85c 90c 3,700 85c Mar 1.12 Jun 76c 86c 3,000 76c Mar 1.05 Jun 22 % Jun 9% May 10% 24 167 Jan 11 % 25 11 May 12% 10% Mar 13 % 180 Feb Jun 13 200 8,725 7c Mar 24c Mar 17c Jun Jun May 67c 458,200 28 34 8,535 25% Jan 35% Jun 32% 105 26% Jan 34 Jun 38c 49c 15,650 38c Jun 62c 15c Feb 40c 44c Jun 80c 30c 30c 1,900 3% 3% 3% 60 8 9 600 t Apr Apr 3% Jun 3% Jun 8 Jun 9 Jun 8,375 14% Jan 12c 23,067 10c Jun 17c May 29 200 26 Jan 29% Jun 55 55 55 225 52 Jan 56% Jun 20 21 1,065 20 May 22% Jan 4.75 6.60 51,625 3.50 Mar 7.20 Jun 15'/a -5.45 9 50c 60c 45c 71,300 7% 7% 8% 2.40 3.00 73,350 • "6.25 6.00 7.50 12,808 2kL~ . • Mines •**. Oils __ Hi' __ 16 %c frlsr* » Jun Feb 9 % Jun Jun 4.20 Apr 5.80 Mar 7.60 Jun 15 100 12% Jan 15 9c 10c 9,500 6%c Feb 15c Jun May May 15c 173,650 2c Jan 29c 30c 1,500 17c Jun 41c Feb 35c *ibv. . 22c 17c 1... J_ 65c 6% 2.40 15 9c 1 Gold Jan 19c 1,695 "2.50 19% Mar 35c 3,000 20c Jan 46c Jun " ■ ■■ Waite Amulet Walker • (Hiram) (G & W) West Westeel 10,353 4 6'/a 14,340 8c 9c 4,000 12c 10,500 ■ ■ 61 ZZSli ' 61 38c _ Ashley Minerals Feb 9.50 Jan 7.90 36 47% Mar %C Mar 35c 67 230 60c 4 72,275 14c 49 7c Jan Jun lie 6c May * ...vw.l , Products Western 9.00 41 % 10c n 8.25 42 "> Malartic 8.25 L Jun Jan 70 Jun Feb 71c Jun May 60c 10 1.39 May 178 % 178% 14c — I 3%c * Crow Polaris May * * Piccadilly Petroleum Pioneer Mar 47c -1 Wekusko Consol Pickle 45c Jan Jun 35c 16% V Mines Vicour 24c Apr May • 7 • •' _• Viceroy Mfg Jun 19% Mar 15 Ventures Ltd Feb May 12 91c 9c 50 ; Jun Jun 15c Feb May 10c - Steel 49 % 45c 3.65 17c 27% ; 1_ Hill Jan 1,000 150 8 B Upper Canada 4,600 Apr Jun Feb 6c 25"-" 20 Fuel class A Jun 17c 2.65 12 %c 38c 9'r *\ __ B United May 54c 3,800 18 Feb May 7% 1.672 10%C 9c 17c „ ' — 7.25 45C * iPetrol Oil & Gas 24,760 lie 12 L'_ class Feb 247/bc 2.96 31 14,500 28 Mining 24 %C 1 __ Feb — "V".- . common Gas tTnlon United 3c ■ Partanen Malartic Mar 6 11% 0-. —'2- A _ Union i, 2%c _ 28 45,900 10c Resources Acceptance Jun 1.58 195 775 -r- , class Preferred 4c 60c 30 6% 32 J/2 4.20 44% 14 %c 37c 52c Finance United Pacific Jan Jun 8c 1.20 May 40c 178 % : Juri 1.00 Mar May 1.66 1.14 Class B May Jun 15 Vac Jun ■ Traders Jun Feb Jan 6,500 11% Towagmac Exploration Jun 3%c Mar 3C 1.30 27c *• 100 Transvislon-Televlsion 29c 19 %C 40c 8.000 36c common Transcontinental Feb Apr 91c — Toronto General Trusts- Apr Jan Jan 3.30 29c -Z.r Jan 17c Jun 8%c May 91c Gold 4r. Apr 2%c 5 52 * Oslsko Lake Mines 30c Jun 5 52 — 2.33 Jun 152,800 Orenada Gold Lake 1.55 Jun 7c Orange Crush Red 1.45 12c 131% 131% 5c —50 common 4%c 25c 3.60 May ' . Wood Jun Jun ■ Jun 11% Feb 18 18 Jun — 18% 23% 24% May 10 %c May May 3%c Mar 2.31 Apr Mar 25c 2.65 2.70 • 6 % 122% 10c 1 . Preferred Feb Apr 75c Feb 6 % * —• Gold Toronto Mar * * 2.25 20c 13,915 9c Feb 5%c Mar 102,600 11c Jan Mar 29% Tailors Toronto i«y 86c 1.44 Feb Jun 121 46,350 8c Z1L Torbrit Silver Mines May • common Top 2.90 60c 'L ..." _ Apr 16% 22.000 1.30 1.32 May 18 20 8,600 9%c __ _1 ; . River 3.35 Feb Mines Tamblyn Ltd common Taylor Pearson common Tip 72c ;£_50c Gold Teck-Hughes Gold Mines Thompson-Lundmark Feb Mar 19c Northland Mines * 1.24 May 71 2.46 Mar 4c Taku ■« • Inlet 10% 95 20% 50 2.45 2.60 -1 63 %c Mar Jan 4% 1,000 6c Jun Jun 61,275 5c Superior Oils Ltd 4c 8%c . 6c 3.20 20c 23 %c 20c 1 Mine* 8%c North Inca Gold O'Brien 6c 122 122% May Jan 50c 605 2.88 Jun 22 21 %c 13% 3,273 24 _ 4%c — 8% 1.05 May 38 86 395 23% 3.05 .1 Sturgeon River Gold 1 Gold Oakville 17% 22 23 100 common • Oils North Star Oil 17% 23 « ;i _ Iron Trusts Jun 505 12,600 22'/2 • 1 common 1—25 Rock Sterling Jun 38c Co Steep 3.70 May Apr —1 _— Mines Denison r„_ i • Steeloy Mining May 34c 40c 5% 5 ... Mar 42c 4,590 5 10c 20 50c 56 %c « A Gold- Preferred 1.22 May 2.80 Mines Norplck of 66c Corp Normetal North Steel 95c 5,900 Mines Norlartic Jun 51,450 75c Nlpissing Mines Noranda 1.50 1.70 May 20,002 1,55 05c Yellowknife Nordon Jun Mar 1.40 1.10 Gold Nicholson Radio Jun 13 8,199 16 Feb 2,375 92 14% 14'% • 47c 8% 92 Jun 32% 295 42c „ High 64c 23,500 8% —' Brne 1.00 Thurbois New Standard Pteriman 75c 18 21c 21 %c 42c 100 — 100 1 Mar 1.08 New Norzone Pacalta • 66,800 13' 15 21 %c common .. Paving common 7c Feb 1.29 Gold - Olsen 1 Marlon _ Low 82c %r ,37% 64C 36 • . Mines Btarratt 1 1 Range Since January 1 High Jun 17c —1 New Norseman New Apr 65 %C • Chemical May * Mines Newnorth Jun 3c 5,000 1.84 105 Jan 7c 1 Jason New 101% Mines- Goldvue New Newlund 250 22,367 . Preferred Jun Low 20 ... Brazeau Staaacona May 23 % Mar 30 Jun Mines Calumet New Dickensjn Share* _ Oil Dominion 35,650 103 7c 10%c 4%c 4 %c — 1.37 1.15 102 __ 7%c 1 — 1.15 1.15 -100 . New for Week —_1 Co (N> South 3.00 May Mar Malartic Standard Neilson Sale* Range of Prices Par ;u 28 E class Sewer National National V Sladen Petroleum Week** Last Sale Price STOCKS Range Since January 1 20 .. 30 ' Low 11 ■/» — Monday, July 3, 1950 . . MARKETS JUNE Friday Share* • common Preferred National ENDED for Week of Prices Par Grocers WEEK Sale* Last Sale Price STOCK8 National LISTED FOR . Powell • River Powell V Gold . Rouyn Gold T _ 1 common C Power _1 Metals Preston 76c East _ Dome 18% 18 21 1,590 15% 16% 16% 18% 1,045 12% Jan 1.50 Jun 1 1.60 1.50 1.81 33,465 18 * Proprietary Mines 57 Jan 1 - 4.00 42% Mar ■ Corp Pressed 52 3.00 Mar 18 700 21% 2.05 17% Mar 19 Jun Jun Western Canada Breweries Western common Grocers Preferred (George) Purity • 2.50 2.40 3.20 12,400 8%c 1 9%c 8,000 60c Mar 6%c Mar f Mills Winchester Larder i Wlngalt ~6 6 6% 46% 46% 47% 315 55c 62c 9,500 30c Mar 64c Jun 23C 14,120 15c Mar 30c 79c 30,700 249,300 May 73c May 1.03 Jan 95c Mar 1.84 May 1,425 6 Jun 46% May 8"% Jan 48% Mar l Quebec Manitou Queenston Gold 1 74c 73c 1 1.16 1.10 1.40 • 19% 19 21% 22,832 18% Jan 23% Feb 40c Apr 97c Jan 9 Mar 10 Jun 60c Feb 31% Jan 33 ■ 15 31% May 34 32% -- 32% 50 31% May 35 27% 485 23 % Feb 101 102 99% Feb T'8%c ' 10%c 10% 6c Electric common Gold & James) 10c 102 Apr Mar 28,800 8%c Jun 13c %c 54,100 4c Jan 17c Jun 19,900 4c Mar 9c May 37 4,215 20 8C 14 %c 44,600 33% 10c pfd. .2100 __jri 100 May 27% May 7%c c 14 5%c 100 % 100 % 1 (Alexander 8%c 34% ~ 100 5%% 33 100 % _i_ll _ . 100% —1-1 ' __ Gold Wlnorjn Wood 16% Jun • Preferred 10 common Apr 27% —1 Jun 40 Flour Preferred 14% 3,227 _100 Feb Quebec Gold Mining Corp Quebec Labrador 130 26 * T" Preferred Apr 3.55 Jun 10%c Jun 15% 28% __ common Wiltsey-Coghlan Winnipeg Prospectors Airways Purdy Mica Mines 15% 27% 20 _r'5_ Class A Weston 15% "27% 5 , lD12 116 116 116 97 % 99 Jun 42 Apr 99 % May 101 Jun 33% 3%c 25 97% Apr 47 115 Feb 15c Jun Apr 120 Apr Jun 99 Jun Jun 1 Quemont Mining Quesabe Mines Ltd Quinte Milk class Reef Petroleums Reeves Ltd 58c 56c 70c 25,100 * 9% 9% 9% 150 1 - - — - 47c 40c 55c 108,200 1 2.80 2.70 3.15 1,700 6c MacDonald Renfrew Textiles Gold class 5%c _ (Little) * - * common _ _ Roche Long Lac_ Roxana Oils 1 Co • Bank -10 Industries Saguenay Power _ _ _ St Lawrence Sand 1st River Scarfe class 4%% series B Jun 11% Mines Yellowknife York Jan 16%c _ 37c 50c 20,700 27 27 28% 2,375 13% 18,*654 9c 14,900 18 17% 100 104 18% 100 3%c 34,500 19 1,280 104 100 Bear Class 2.80 25c Feb 49c 29 % 8.85 6c Feb 15 % Mines 18%c Jan 3c Jan 4%c Jan 17% Jan 19% Feb 103% May 12% Jan 150 14 Jan 85 Jan 50% Jan 2.75 3.05 9,134 1 red 50 preferred Mines Brew • com. —50 -1 _ class 25c 25 — — — — 247/BC 500 5c 5%c 13,000 15 50 24c 29 %c 51,000 2.80 Jun 104% Mar Brown 23% Jun 18% Jun Canada Jun Co Canada 101 58% May 4.05 Jan and 3%c Apr 5c Feb 15 5c Jun 9c May Canadian Jun Canadian Jun 16 24c Jun 40c 26% Apr 6 % Apr 1.75 1.80 200 Apr 2.50 Jan Jan Week's May Consolidated 53 May deHavllland Feb 42c May Dominion Jan 17% Breweries • common Voting trust certificates Sigma Mines (Quebec) Sllanco Mining Sllknit Silver Ltd Silverwood Donnacona 1.05 Mar 1.20 Jan Foothills 2.65 Apr Shares Low 4.75 _100 103 Sugar— .—•- Class B - clas - Lumber. 250 19% Jan 22% Jun 2,135 6.50 Jun 8.85 20c 20c -22c V18 25 81c 79c- 92c 86,825 10 ^11 1,497 7% 7% 141 99 99 122 92 29 30 315 26% Mar 24 25 1,055 24 Mar 99 270 98 Apr 100% 45c 13,425 30c Apr 57c 11 pfd A Siscoe _ • • _ 29 25 100 see paee 45. 98% 1 _ Gold For footnotes — 100 41c 98%40c 14,000 20c Mar 38c 16 Mar 19 48c 9% Jan Jan 6 % Mar Jan 1.04 11 7% • 540 21 22 535 185 177 5 3.50 3.90 700 100 5.00 108 535 4.75 5% 60 Vs ♦ 3.25 13,650 60 Vs 80 21 % 24% 42c 46,405 , 92 , Feb 6.00 Jan 114 21 Feb 12 Mar 14 Feb 28 Mar 180 21% 176 2% 89 3.50 Feb May May 22% Mar Jan 5% Jan 115 Jan 6.00 Apr Jun Jan Apr May Jun 57 Jan 63 16,144 17% Jan 27% May 25,600 32c Apr 35c 29 35 1G Jan 32 42% 48 810 40% Jan 48% Jun 21 21 21% 460 15% Jan 21 % Jun 5.85 Jun Mar 49 %c - May Jun — 4.35 3.95 5.25 32 30% 32% , .^7% 46 44 % 51% . -0 21% 21 26% c. Utilities * Inc ——5- Price Jan Sangamo Co Supertest Petroleum Bros ordinary— Common Temiskaming Twin City _r_— _ Consol 53 24% 4,170 19% Feb 25 Jun 26% 100 26% Jun 28 May 1.500 17% Jan 22% May 21% Apr Jun 13% 18% 20% 20 % 21% 615 6.00 6.40 13,070 6.85 Jun 84% 84% 25 63% Jan 92 % Jun 12 12 100 12 Jun 12 Jun 79 80 50 60 Jan 80 79 25 79 Jun 79 7%c 7%c 1,000 6c Apr 11c -S"k?ir— -.V, 11% 11% 50 8% Jan 14 Apr 50c 50c GOO Jun 60c Apr -■ 12 — . ^s— i—. 36% Mar Jan 20% -■ rr— Mining Jan Feb 37% 435 79 * — Ltd 3.15 27 5,318 6.10 • 7- _ Jun 11.825 A7 %C - common Oreille Yukon 5.00 103 109 % 42% common Pend May 4.50 1,210 22% Minnesota & Ontario Paper Jan Jun 147 z Ogilvie Flour Jan 108 Jan 29 Jun 27 Mar 135 24% - Jan Apr 82 20 13% . —*—■ - ■_ Jun 99% May Jun 100 277/« 3.55 ___ Groceterias 30% 34 96 13% Jan * Class B Preferred Loblaw 22 Jan 95 177 > Paper International 7.35 • Dairies Simpson'* Ltd class Apr 18 _ Western 22% 280 35c Oil Jan 33 26% i—1 - Paper 20 1 A_ 21 Aircraft 795 6.50 _______ Apr Range Sinee January 1 Low High High 27% • i "loo Paper* International 21% — Silverw'd 21% Jan 30% 13% common Hayes Steel 6.55 1 Mines Dairies 20% Jan May 143% 143% Bridge Apr -1 common Miller 20% 2.27 for Week Dalhnnsle fill 1.85 Jun 15% Jun Sale* Range , Sicks' 1.00 of Pi ices 95 _ Western 10c 1,300 1.33 Apr Paper com..* Vlcker* 14% 157,789 Jan 5 30% Westinghouse 51% Mar 2.20 75c 100 Jun 48 % Canadian 100 1.85 75,560 5% l Dominion Preferred 52% 1.95 1.02 5% Vinegars 52% 1 _ 85c .» _j.-_ Canadian Industries Apr 1.15 90c Last common 47 1.08 25c ' ... Preferred 23% 1.15 Jun Par. Asbestos Corp British Columbia Pulp & Preferred ■ 130 —50c . 15c "< ■" ■ ** 47% 250 12,500 Mar Canadian Funds 47% 94,400 17c .Friday Feb 34c 15c 1.95 * 930 16% 16c STOCKS 26% 21c 43c 13 Toronto Stock Exchange-Curb Section 25 16 * A 3%c 15 5C 3%c Apr l 2'. : Apr Jun 800 90 22c Sale Price 18% 125 27,950 1.75 Jun 18% 101 10,621 34c Jan Feb 18 58% 50 2.04 30c B Mar 27 18 99 14 1.95 30c i _ Apr 40c 29 14 1.99 r Knitting class A Apr 7c 3c 1 • . Gold Sherrltt Gordon —15' Zinc Feb 9 » Winnipeg Sheep Creek Yellorex & 97% Jun 24,000 . (1945) Lead Canadian Marconi Rouyn Ltd Shawkey Jun _ Wrlght-Hargreaves Yale Mar 27,100 3%c Bhawinlgan Water & Power 4% series A preferred Shea's 5c 8c 10 %c 8C 58% ______ B Jan 28 7c 1 2%c _ Jun 60 11% 99 7 28 3c Gold Sannorm Mines Senator preferred. 12c 10% _ Gold Feb Jun 9 — Paper 3.25 4c 5 28 - preferred Antonio Mar 2.03 Mar 10 7%c —1 34c _ _ 28 11% • common— preferred preferred 2nd 9,000- 1 St Lawrence Corp common San 25 1 Roybar Chibougamau Rupununi Mines 2nd 37,000 5 4c • Royallte Oil Russell 73c 8%c 5 4c * A. _ Riverside Silk class A Robinson Royal 15c 1 A Regcourt Reno 20c preferred Wool Combing — 19% May 5.05 Mar 50c Jun Jun May Volume 172 Number 4921 . . . The Commercial and Financial Chronicle (45) OVER-THE-COUNTER SECURITIES Quotations lor Friday, Juno 30 Investing Companies Mutual Funds— Aeronautical Affiliated Amerex Par Bid Ask 1 5.88 6.46 1% 4.24 4.59 Securities Fund Inc Holding Corp American 10 Business Shares Axe-Houghton Fund Axe-Houghton Fund 31% 1 Inc 1 8.21 Managed 16.62 1 6 Blair 1 2 % Bond Inv Tr of Fund America • 96.36 21.22 8.69 Broad 5 16.99 19.61 21.50 Chemical 35.24 X16.05 Christiana Securities 100 Paper Mass Commonwealth Investment Consolidated Investment Trust_l Delaware Fund 1 1 lc 3.60 3.18 3.51 lc 4.04 lc 4.32 Investors Nation-Wide 20% 15.53 1.72 Balanced Fund 1 27.21 29.10 Low Priced Stock 1 18.31 19.57 Preferred & Fund Inc 20c 4 05 4.20 5 Industrial 26.88 29.06 Inc_l First Boston 2.03 2.20 Corp First Mutual Trust Fund Franklin 10 Fund Custodian Funds Preferred stock stock series Fundamental Investors 5.16 Gas Industries General Group Fund Capital Inc 1 1 6.66 3.67 Com Stock Series 1 York 17.24 Bank 5.37 Federal Intermediate Credit Bank Debentures Rate 1- 3-50 10- 2-50 bl.35 1.20% 1.35% 2- 1-50 11- 1-50 bl.35 1.25% 1.35% 1.40% 7- 1 12.74 1 10.78 equipment Insurance stock " 7.49 3.19 Metals 1 8.97 6.82 7.48 Oils 1 18.02 9.13 9.59 Pacific Coast Utility Invest 2.40 3.45 lc July 20, 8 67 July 27, 1950 Aug. 3, 1950 6.09 6.67 Aug. 10, Aug. 1 4.28 4.70 5.76 6.32 Putnam 8.79 9.63 1 — (Geo) Republic 10.60 4.49 4.85 10c 1.77 1.92 5 23.42 25.32 lc 9.47 10.38 State 86c Television Investors Fund shares It Group shares 77n xl.04 lc Stock and Bond Group Inc (net 1.15 Street Trusteed asset Investment Fund 13.51 10.81 Series Serbs 1 X14.98 15.30 Bond Fund series A f 53.00 I 2-51 bl.45 1.30% 1 Fund Shares 28 21 United 7.47 Fund 25.50 6.17 Science 1 9.95 4.42 ' Value Line Fund Inc Wall Street I 4.83 17.92 9.87 l 10.60 Wellington Fund (Income pfd Stocks) 1 1 17 80 15.87 19.42 17.31 Whitehall Fund Inc.. Wisconsin Investment Co 1- 16.99 18.27 21.73 23.71 30.07 32.80 - 1 100 10 Trust 100 Central Hanover Bank & Trust 20 7, 1950 bl.18 Sept. 1.10% 14. 1950 bl.18 Sept. 21, 1.10% 1950 1.10% bl.18 Sept. 28 1.10% 1950 bl.18 1.10% 1.12% Bid Ask Bid Companies Ask Par 14 51 15.8i Stks)_] 12.63 13.78 x4.80 5 23 5 28 3.45 Chase National Bank Bank 1 4.92 5.40 Independence 25c 2.41 2.63 North 33.13 33.13 Series Mutual Fund— E Series Trust Shares 1 —, 136 ™ 100% 15 36% 2.24 1 4.10 1 at; 5% 60 Elef?lan,d 6 38 40 110 22 24 10 32 1,325 81 Trust Trust National Bank Trust 286 Trust & (J National Bid Co 20 Inc Co 100 94% 230 375 237 620 645 395 16 30 325 34 31% 340 35% . 19% . „ & r»ar,rtt,H w.n 1,590 Bank ,n & 20 First National Bank, United States 8% 300 35 V 35 /2 37% 66 69 23% 25 Portland 44% 83 37% 58% 260 91% 615 one 20 40 100 36 inn x»„«ir Trust 42% Trust—12 „„ 10 Bank & Trust 43% 38 25 & Trust .. MeXn N?tl Ba^k & T^?""l00 280 Mellon^NatI Bank & Trust___100 280 88% Trust_17% National Guarantee . _ 25 Bank States 56% 254 . _ Pittsburgh 33 18% Detroit 12% Trust Nat'l Sterling Title P) City Bank York United Far 1?° National Bank of Detroit 295 30 100 1,540 25 41% Morgan Public r 10 Manufacturers New Insurance Companies 232 34 100 1,265 C° National City Bank 62 107 Bank Kings County Trust Lawyers Trust -ji 100 Central National Bank—20 50 Irving 2.33 92 Cleveland Trust^- 16 First 2;55 222 43 V* 10 Fiduciary 8.65 gs Northern Trust Co 38% 41% (White Plains, N Y)„ Empire Trust ^ ~ 1956 4sk 97% City Natl Bank & Trust 100 Continental Illinois ? Bank & Trust—33% *1. Ban* 100 47% Federation 3.74 7.57 Shares— 1955 Series 131 27% 341 «• 2.50 Amer Trust 45% 10 & Trust Guaranty Trust 100 Industrial Bank of Commerce.lO Unit Type Trusts— Diversified Trustee Shares— 26 326 ^ - Stks)__l Bid Avenue Exchange Bank & Trust-20 County Txust Co 10.81 10.77 Investing Corp Yo?kattan °°"10 New Corn .^^83 23.33 X16.42 1 Par Sept. Stamped 10.82 1 • 1.10% Chicago Continental Bank & * 1 (Net Asset Value) 1.10% bl.18 bl.18 Trust Chemical Bonds) Fund bl.18 1950— 1.06% Commercial National Bank & 19.17 1 Fifth Brooklyn 21.29 1 of & Bankers 12.45 (Speculative 1 1950 31, 1.10% York Bank 2?.07 *6.54 17.§T 1 Union Preferred Stock Fund Unlon Common Stock Fund United Income Stocks) Ask 24, Aug. 1.08% Far 80c"" x72c I 26.98 Stks)_l Bid Aug. • Banks & Trust 55.50 11.42 Shares___25c C Union - 5.97 Corp.* Inc B 9.12 21.00 (Medium Grade Bds) (Low Priced Bondsi Sayles 1.30% 4- bl.18 1950 17, 1950 New B-4 Loomis 1.30% bl.45 3-50 bl.18 2.65 * Shares Industry 8.35 Funds— Fund 1.25% bl.45 1-51 bl.18 16.77 2.43 1 12.08 9.94 Stks)_l 1.04% 51.99 12.33 1 15.60 l B-3 Trust bl.40 1-51 3- bl.18 • Clark 11.16 1 Bondsi 1950 25 51.99 1 Investors Management Fund Lexington ^-OJ 2- 1-50 :'25% 17 2% Shareholders Trust of Boston__l Sovereign Investors 1 Amer lc America Boston Knickerbocker 1- 1-50 56- 4 24 Fund & 3% 5 value).* Selected Ltd— com 3-50 4- 11.62 5 Fund Investors 1 Group shares com 1.40% Treasury Bills 1.00% bl.18 1950 1 equipment Scudder, Stevens com 1.25% bl.35 2.65 lc (Low Priced Ask bl.40 Ask bl.18 1950 13, 5.71 11.14 Pacific Amer Investors com__10c Fund July 12.21 $1.50 preferred Petroleum m Trading . July 6, 9.83' -19.75 7.91 4.83 shares 5'"' 5.21 3.80 (Income Rid I-RO 1-50 1-50 3-50 1.25% Bid 1 1 6.00 (Appreciation Due 19.. 12- 37- 1.30% United States 1 Fund i*J_. 4.41 6-4 bl.40 11 82 5.47 6-2 1-50 10.15 lc 6-3 11- 13.47 9.26 1 shares.——lc common Dated 1.30% 4 65 10.79 lc shares (Quality 1-50 5- Rate 1.35% Hi.44 4.24 1.30% 13.96 1 lc 5-l Due 1.30% 1 lc pfd Dated 1.30% "*^9.72 lc Utility shares . - 12,19 8.87 Machinery Equipment shares Appreciation 99.30 8.65 7.89 11.12 Merchandising lc K-2 .9843 1950 99 22 99.29 1.15% 5.12 Bond Shares K-l 99.9744 99.21 1955 bl.35 1 : Tobacco B-2 1951 100.1 1954 15, 1-50 7.87 9.12 (Investment 1, 100 15, 9- 12.29 10,93 8.32 Bl .9964 1-49 4.66 lc Custodian 99.9889 12- 1 9.98 shares of 1950 15, 1.30% 1 .. Steel of .0193 1, Jan. 7.72 7.18 5.32 Keystone 7.04 lc 4.84 Co 100.0071 Oct. l%s 12.11 lc Trust Sept. 1%S .0318 12.67 shares Investment l%s .0281 10.99 Mining Investment .0276 Ask 11.05 Railroad Group Ask Indebtedness— 100.0105 1.15% 11.56 7.37 8.55 Bank Bid of Bid 10.03 8.32 7.80 Insurance Maturity— Certificates bl.35 1 6.97 7.59 6.72 lc Aviation Ask 1-50 Electrical 6.35 lc Merchandising shares Incorporated 99.30 8- Diversified Industry 1 Diversified Investment Fund.l Diversified preferred stock_l shares Institutional Shares 99.24 1-49 1 stock Public Income Foundation 1957-1955. 11- Corporate bond series. ___lc Inc 1, 1.30% 7.61 shares Fund Oct 100.0084 10.95 1 ___»_'J1 Railroad Plan 9.99 Building supply 8.93 Howe Bid Inc— Aviation 58 08 6.09 Tobacco 119% l%s March 17.30 6.98 shares stock 101.16 l%s 100 100.0078 4.31 16.09 1 Stocks 8.15 Railroad x3.94 Agriculture 5.55 Steel 101.10 4.53 1 England Fund Investing Company shares__lc RR 1955 1953 .0270 4 01 Low Railroad 99.26 1 100.0072 7-28 1 Group Series 4.97 Machinery shares lc Priced 1955_1951 Feb 3.22 6.94 — bond 99.20 July 1 1951 "B" .7.04 , lc Institutional Ask 99.14 100.2 118% l%s March %5.06 15.95 —lc bond Petroleum 6.44 4.72 Series 6.36 shares Industrial 6.78 lc Fully administered shares General Bid 1Qcn l%s July 1, 1951 "C" l%s July 1, 1951 "D" l%s Aug 1, 1951 l%s Oct. 1,1951 -7.34 x6.20 1 54.01 Electrical Equipment shares.lc Food x6.72 1 ____lc ... — shares 1Q„ 1952-1950 ' Dollar Price 10.41 J Series Chemical shares Chemical 99.31 1961 Maturity— Treasury Notes— 15.00 9.63 Series 1 Aviation shares Building ;JJi 13.97 1 4.19 1 Agricultural shares , y U. S. Certificates of Indebtedness 1 %s X2.95 New Securities— Automobile shares 16.31 Series 1 Corp.. 14.76 14.75 1 New 16.79 Investors Trust 13.58 1 Bond Series Automobile General 1 Inc Industrial Stock Series 5.65 15.32 u.v 2%s 14.39 Inc.l 1 Stock Low Priced 2 13 31 Fund Selected 6.28 lc Inc. 30.55 1 Stock 29 5.73 7.93 x28.26 Fund Speculative 5.82 ;_lc 7.24 interest__l 2nd series Income Inc— series. Common 27% x5.25 1 4.26 Investors Corp National Security SeriesBond Fidelity Fund Inc Financial lc Inc__10c Fund National Howard- Fund Equity Balanced 1Vjl8 l*an" Panama Canal 3s Securities— 1.56 100.1 Issues Trust beneficial 19% Eaton I .1 Bond 14.11 Shares point a 4.70 shares 25c Dividend 32nds of more 4.76 Fund of Boston Mutual Invest Fund Inc 6.22 100.1 99.31 or Federal Land Bank Bonds— 4.45 shares^ one Ask 99.31 Central Bank for Cooperatives— l%s Feb. 1, 1953 3.97" lc Mutual 144 5.72 1 Mass 1950 Other Metals Investors of 15, Bid 15, 1951 3.91 shares Manhattan 4.850 139 3.54 Furnishings shares Steel 17.33 100 4,720 com Preferred ,1c 3.63"* Non-Ferrous 37.89 1 l%s Feb. shares Petroleum _1 Fund Fur.ds-U 4.18 Ctfs Century Shares Trust 1.35s Sept. Home 18.37 1 Street Invest Corp Fund Ltd 48.06 3 80 8.70 Bullock 48.06 3.29 22.94 10c value asset _10 3.79 Bowling Green Fund Inc— Net Federal Home Loan Banks— Fund— 3.44 100 38 1 Inc Figures after decimal represent Ask BusinesS~Equipment shares.lc 2 % Boston Bid Electrical Eqiupment shares.lc General Industries sharea__lc* 6% Corp Holdings Corp Second AutomoBTle 8.88 15.29 Beneficial Far (Net Asset Value) 4.19 5 B Loomis Sayles 33 % 3.87 Obligations Of Government Agencies Mutual Funds— 86 a „ i --12% Natl Bank 20 55 , Ban Francisco 9% Bank of Amer N T & S A__6.25 645 •••; Ask _ Aetna Casualty & Surety 10 94 98 Aetna Insurance 10 54 56 Insur Co Life 10 55 57 % Jersey Insurance of N Y Agricultural 25 69 72 American 10 24 % 27% $2.10 45 $1.05 Aetna Home 5 of Maryland Alliance American Automobile American Casualty American Equitable .4 __ 5 — Assur 16% 5 23 Fidelity & Casualty__3 American of American Re-Insurance Newark 15 2% America 18%*53 22% 24 Connecticut Ex Forster & dividend Inc 5 28'% 30% Boston 27'% 30% Brooklyn Union Gas & Assurance Mfrs 4 8 9 18% 20 30 National Fire 59% National Union 59 62 New Amsterdam Hampshire Fire 25 104 59 New York 21% 23 % North 73 76 Northern 10 Casualty 54% 33 % Illinois 34% 2 33 35 41 43% 5 River 18 19% 30 2.50 Pacific Fire 8 135 10 62 _5 15 71 74 63 Phoenix 69 Preferred Accident Providence-Washington of Frisco 10 59 59 61 % Reinsurance 10 86 89 Republic St 65% 5 378 4% 10 31% 33% 2 IV* 8% __10 34 V* 12% 99 64 10 Newark Corp (N Y) (Texas) Glens Reinsurance Corp Falls 20% 21% Surety"'.!— 10 10 26% 28% Security (New 10 31 33 47 49 Springfield Fire & Marine 10 42 V* 14 Standard Globe & Republic Globe & Rutgers Fire common.5 Great ___-5 15 American Hanover Fire Steamboiler 5 Firt Hartford Hartford 12% 15 Fire & 28% Marine Haven) Accident 10 102 58 34'% 4.28% 102% 103 V* 104 100% & Par preferred Hartford 100 Electric Bid Ask Light— 3.90c pfd„50 105% 107% 53 53% pfd_30 32 35 Kentucky Utilities $4.75 pfd_100 100 102 Iowa Southern Util 5%% 101 VB -1979 104% 100% 100% Co 2%s 1990 101 Edison Co 2%s -1980 103 102 102% 2%s_ -1985 100% 101 VB El & Gas 2%s. -1980 101% 101 % Elec. Public Serv Seaboard Air Power Line Calif 3s— _1980 96% 101% 4%% Par Bid 1949) 100 106 & 1st pfd—25 Lgt 4%% pfd—100 n__ pfd_100 106 28% 28% — preferred 104% 102 103 & Elec— 20 21% 22 pfd_25 25% 25% preferred South Calif Edison 4.08% —100 — Elec— 106% Elec preferred & preferred series H__100 Diego Gas 4%% 100 & Gas Ask Ban Gas (series Pub Serv of Okla 4.65% Rochester 4.10% Stocks— Hudson 21 Gas— & $4.80 redeemable Penn Pwr Blackstone Valley Gas & Elec— $4.25 19% Pacific Gas & Elec Co— 101% Wisconsin Elec Power 2%s_ -1980 Central pfd 20 101 % 101 Elec State $5.50 pfd 97% 27/8S- _1980 Ry Gas Serv N Y 104 27/aS— _1976 Maine Pub 102 Potomac - 104% -1980 2%s Co Tenn 105 Gas Transmission— 30 U S Fidelity & U S Fire 31% 33% 120% 124% 32% 34|% U. S. 100 432 447 Guaranty Co__2 46 48 It. 1 Guarantee Westchester Fire 4 Lt $2.04 a Travelers ..10 Conn & Pwr $2.20 pfd • 55% 52% $4.65 preferred 56% • preferred 53% 4.60% preferred 100 106 107% 100 107 108% 36 % 17 10 Paul 98 , .to ... 102Vs .1980 Power 44 % ___5 2nd preferred 27/8s Power 4.75% •—5 Seaboard General __ Issues Stocks (Continued)— Delaware 16 % 10 3812 of Power Southern 25 64 Fund 3s > 102% Bell Tel J Ohio 47 7 Indemnity Co Peerless Casualty Co 60 wiremen's N 25% 44 3.33% Co 24 12.50 Ins 36 Mreman's 102% _1980 _ Light 2%s__ -1980 Pacific Gas & Elec • Phila & 2%s 56% 31 Duke 61% 32% 10 Casualty Fire Northeastern ... 32 59'% 5 ;4, 10 of Pow 10 (Detroit) __10 Fire 10 Assn Edison -1980 Ask 110 56 National ) Federal Fidelity & Deposit of Md Dallas 16% Employers Reinsurance Fire 27/ss 5 Fire 57 10 Group Assoc Elec Massachusetts Bonding Pacific Employees Appalachian Merchant Casualty— stock 25% Crum Life Bid 25 27% 5 General Continental Bonds— 17% . 10 Fire Recent Security Set 17% 50'% New Camden 54 1 10 ; ~ 114 50 common 10 Bankers & Shippers Boston 35% 110 preferred 10 Convertible preferred__5 Casualty 25 American Surety Automobile 33% 10 20 Prior Merchants American North 69 72 10 78% 83% 2 20% 22 Odd lot sale Included in change. n (not Included in year's range). bBid yield price, d Deferred delivery sales (not range), e Ex-interest. fFlat price, k Admitted to listing on N. Y. Stock Ex¬ to trading N. Y. Curb, r Cash sales (not included in year s range) t Exliquidating dividend. (Un) Admitted to Unlisted Trading privileges, wd When delivered, wl When Issued, x Ex-dividend, y Ex-rights, z Ex-stock dividend. •No year's Admitted par value, tin default. tThese bonds are subject to all Federal taxes. 45 4G u (46) I The Commercial and Financial Chronicle . . . Monday, July 3, 1950 ii Week Ended June 24 THE COURSE OF BANK CLEARINGS Bank clearings this week will Preliminary figures compiled by show based us cities of the country, indicate that increase an upon compared with a year ago. telegraphic advices from the chief 1950 Third Federal Reserve 1. clearings Pennsylvania—Altoona corresponding week last year. total stands at $15,239,482,210 against $15,128,685,116 for the this there center is a loss for the week ended Our preliminary week in same Friday of 7.3%. Our 1949. At comparative CLEARINGS—RETURNS Week Ended BY 1950 New York 1949 + 29.8 1,286,343 1,051,227 38.0 984,415 1,048,740 964.955 1,021,573 3,082,361 1,101,000,000 983,000,000 3,053.853 2,576,141 Scranton 6,0.30.838 5,744.617 + Wilkes-Barre 2.937.209 2,507,147 + 51.8 4.202,831 3.656,247 45.7 8.816,434 7.026.336 York Fourth 7.3 $8,365,514,832 765.190.406 620.656.261 + 1.026.000.000 867.000,000 + 18. J 491.607,971 437.494,230 . Philadelphia Boston + 13.0 2,800,539 2.685,887 12.0 967,000.000 816,000.000 + 18.5 2,730,923 2,774,622 5.0 5,218,270 4.996,036 + 17.2 2,246,108 + 2,093,251 5.466.340 8,963,101 8.995.690 8,053,295 + 11.7 7,864,468 8.513.272 1,148,045.451 cities) 3,600,259 13,061.703 _ (11 995,161 1,020,661,714 +12.5 1,004,115,286 850,867,241 - % $7,753,221,957 Chicago < + 15.6 Total TELEGRAPH July 1— 1941 + Delaware—Wilmington New Jersey—Trenton for the week follows: fummary % 1,030,393 Lancaster the of 1941 1,109,239 Philadelphia Reading those above or Dec. % 1,337.246 will 0.7% Inc. 1,530.983 *1,150,000 3,481,584 Chester for all cities of the United States for which it is possible to obtain weekly clearings be $ District—Philadelphia— Bethlehem for the week ended Saturday, July 1949 I — 23.3 Reserve District—Cleveland— 8,341.013 + 24.3 6,711.409 6.490,613 5.523,107 Cincinnati 220,887.140 180,757,284 + 22.2 187.281,983 157.222.342 Cleveland 23 3 + Federal Ohio—Canton 393,752,533 344,778,674 + 14.2 356,383.709 292.401.243 27,603,500 Columbus Kansas City 257,481.510 247,572.210 + 270.000.000 257,900,000 t 4.7 San Francisco 323,114.000 297.559,000 + 8 6 Pittsburgh 341.831.088 301.957.373 + 353,721,034 282,231.239 + 232.832,270 204.916,843 + + 16.5 34,183,500 4.556,347 + 14.9 4,745,226 8,957,012 6.855,735 + 30.7 5,961,397 5.671,727 401,723,171 366,896,096 + 9.5 318.753,544 283.327,339 1,074,829.607 941,336,945 + 14.2 913.800,062 775,754,193 25.3 Baltimore 30,821,400 5,248.033 Pennsylvania—Pittsburgh 13.2 Cleveland 35,915.700 Mansfield Youngstown 4.0 St. Louis 13.6 Total (7 Citle3) Fifth Ten cities five days $11,815,000,236 $11,882,802,493 Other cities, five days 2,756,909,060 2.433,653.355 Total all cities, five Federal + 13.3 days $14.571.909.296 $14,316,455,848 667,512,914 812,229,268 10 + 15.239,482.210 $15,128,685,116 of next week. We cannot are them today, inasmuch not available at Accordingly, in the above, the last'day of the week in all In we the to ending June 24. detailed statement, however, which presnt we further For that week there was increase an of 7.5%, the — below the week aggregate of clearings for the whole country having amounted to $15,933,634,733 against $14,824,- 934,208 in the week in 1949. same bank clearings at this center Outside of this city there was a gain of 14.7%, the having recorded gain of 0.9%. a according to the Federal Reserve Districts in which they it appears that in the New York District located and from this are District the totals (including this" city) the totals are are smaller by 0.1%. larger the Atlanta Reserve District of 17.8%. a In the Cleveland Reserve District the totals improvement of 14.2%, in the Richmond Reserve District of 10.9% an The Chicago District 17.3%. or Reserve District has to its credit City Reserve District the totals record and an increase in the San Francisco Reserve District of 19.1%. Reserve ' we furnish SUMMARY Federal Districts Reserve 1st Boston 2nd Srd -—12 CLEARINGS Inc. or $ Dec. % 612,760,385 612,766,452 " 8,092,877,620 1,148,045,451 189.622.244 67.158.294 60,286,837 426,643,142 375,735.297 16,560,547 + 23.2 18.171,749 16,151,583 71,333,683 + 13.8 68,033,698 57,791.327 219.900,000 + 13.0 232,500.000 189,400,000 4,695.312 3,651.257 Mobile 2.827,517 + 29.1 3,128.836 2,441,312 83,285,643 + 34.7 74,521,144 77,655,144 98,100.401 Alabama—Birmingham 3,487,492 + 112,152.607 Macon Florida—Jacksonville 85,501,512 + 14.7 83,903,501 82.615,025 6,374,820 Mississippi—Vlcksburg Louisiana—New 5,538,645 + 34.6 15.1 3,742,217 6,226,400 2,954,694 6,130.015 406,631 — Total (10 Cities) 393,969 + 33.8 364,410 339.063 142,780,671 120,935,289 + 18.1 114,954,680 102,236,683 718.275.531 Orleans Seventh Federal Reserve 609,814,297 +17.8 605.546,635 537,714.851 District—Chicago— Michigan—Ann Arbor 1,278.643 Lansing Indiana—Fort Wayne 1943 $ + 22.2 1.323,722 1,304,219 8,523,706 + 21.6 9,587.845 8,879,525 6,254,907 „ 1.046,503 10,363,558 Grand Rapids 4,643,252 + 34.7 4.874,061 5,418.972 6,086,620 6,538,220 56.605,000 52,467,000 South Bend- 8.307.945 5,848,927 Terre Haute 6,186,499 4,687,105 7.9 47,971.000 46.610,000 6.709,794 9,518.542 + 3.596.118 - 60,451,243 48.601,264 10.4 4,274.461 3,109,805 26,018,678 17.5 25,523,382 27,374,981 13,364,408 + 6.6 13,644.821 952.986 + 17.3 1,175,157 1,293.422 664,493.925 + 19.5 716,288.548 675,931,270 3,749.355 Chicago + 22.7 794,129.783 - + 34.0 3,669,646 1.117.557 City Illinois—Bloomington. 2,683,525 14,243,795 - 61,180,159 4.051.136 30,559,264 Iowa—Cedar Rapids Sioux 6.9 t42.0 — 75,063.261 Wisconsin—Milwaukee 3,245,654 15.5 3,059,927 2,971,233 + + + t t 10,900,616 11,456.020 9,568,352 +19.7 11,146,286 9.623.160 7,265,060 5.052.201 + 43.8 5,857,070 5,652,333 3,093,821 2,896,019 + 6.8 3.174,441 2.994,350 1,037.221,843 872,193,166 +18.9 921,248,257 864,870.797 + 17.2 ■ Total (17 cities) 1949 I 1947 $ Eighth Federal Reserve — 0.1 583,160,973 571,446,472 7,992,524,388 + 1.3 7,749,799,730 7,188,137,859 1,020,661,714 +12.5 1,004,115,286 850,367,241 Louis— Kentucky—Louisville 775,754,198 District—St. Tennessee—Memphis Illinois—Quincy -11 " 4th Cleveland 7 " Gth Richmond 6 " 503,125,782 453,629,074 +10.9 Cth Atlanta ——10 " 718,275,531 609,814,297 +17.8 Yth; Chicago -17 " 1.037,221,843 872,193,166 +18.9 921,248,257 " 546.339,793 462,551,626 +18.1 471,145,499 403,904,285 Missouri—St. Louis 310,700.000 265,200.000 275.900,000 239,600.000 146,143,981 120,450,367 + 21.3 118,695,178 98,075,119 87.481.243 75,202,256 + 16.3 74,749,423 2,014,569 1,699,003 + 18.6 1.800,898 64,535,801 1.693,365 546,339,793 462,551,626 +18.1 471,145,499 403,904,285 864,870,797 4 Cth Philadelphia BANK $ .12 cities York New OF 1950 3,116,783 219,522,367 81,207,798 Springfield Week Ended June 24— 3,008,415 8.9 + 248,500,000 Georgia—Atlanta PyOckford summary by Federal Reserve Districts; a +10.9 20,406,034 Nashville Decatur following 453,629,074 + 15.5 +22.3 District—Atlanta— Tennessee—Knoxvlile Peoria In the 74,120.349 503.125.782 Federal Citie3j Des Moines.. In the Kansas 3,353,572 234.257,652 Indianapolis and in gain of 18.9%, the St. Louis Reserve District of 18.1% and the Minneapolis Reserve of 13.2%, in the Dallas Reserve District of 25.7% 110.516,400 We group the cities by 1.3% and in the Philadelphia Reserve District of 12.5%, but in the Boston Reserve show (6 the week as has to be estimated. give final and complete results Of the week previous 9.784.951 123.834,742 3,873.841 Augusta elaborate able are 2.403.079 10,393,000 8.3 appear time of going to press. cases 2,726.324 4.4 + 0-7 + Sixth furnish +22.5 + 90,678.530 Columbia—Washington—. Total Saturday and the Saturday figures 2,027,600 11.414,000 128.455,901 255.105,441 Maryland—Baltimore Complete and exact details for the week covered by the foregoing will issue 2,434.556 11,918,000 139.065.414 South Carolina—Charleston —17.0 District of Total all cities for week our District—Richmond- Virginia—Huntington Virginia—Norfolk Richmond All cities, one day in Reserve 0.8 — West ends 3.999.935 St. Louis 0th Minneapolis 10th San 941.386,945 913,800,062 426,643,142 605,546,635 375,735,297 537,714,851 7 Francisco " 435,082,990 370,945,536 +17.3 377,831,741 " 512,868,259 453,013,757 +13.2 507,727,207 428,964,714 " 354,622,219 282,012,882 +25.7 299,969,375 246,525,180 -10 " 897,585,253 753,434,371 * 112 cities 15,933,634,733 14,824,934,208 Outside New York City __ 8,112,788,571 7,070,261,365 add now v +19.1 810,624,371 659,289,312 7.5 14,671,612,328 13,202,623,315 +14.7 7,212,341,901 6,264,252,204 our detailed statement + District—Minneapolis— 6.926.778 5,501,734 + 25.9 8,637,454 5.191,453 Minneapolis—! 295,478,917 249,233,295 + 18.6 265,968,679 St. Paul 208,360.092 108.572,300 93,475,928 + 16.2 81,904,107 68,155,058 6.341,387 + 10.9 6,807,829 5,250,760 North Dakota—Fargo 7,030,625 1949 $ 3,562,241 511,145,670 532,393,973 1,993,108 Fall River 5.0 3,699,644 + 11.1 2,713,020 2,575,289 2,334,494 9,855,220 9.692,353 + 1.7 8,101,008 7.545,958 435,082.990 370,945,536 +17.3 377,831,741 299,413,109 Helena Inc. or Dec. % Federal Reserve District—Kansas City- Nebraska—Fremont 1948 $ 1947 % 684.230 1,691,475 +25.5 1,642,202 1,619,652 +18.0 3,919,228 4,032,961 4.0 496,796,393 494,038,273 +17.8 1,747,771 1,579,876 — Lowell 1,204,540 922,190 +30.6 818,718 2,231,729 1,582,202 +41.1 1,706,707 1,464,959 8,665,920 + 34.2 522,344 408.671 + 15.7 565,885 339,000 410,731 5,524,040 + 33.2 6,053,343 4.732,756 124,144.432 Lincoln 101,301,527 + 22.5 114,483,693 89,900,585 8,339,095 + 19.3 6,856,515 11,576,601 + 33.9 341,185,312 313,466,300 8.8 15,507,904 350,106.256 302,970,826 10,484.109 St. Joseph 6,991,867 15,503.793 Wichita Missouri—Kansas City + 14.7 + 7,493,933 11,582,779 9,144,205 2,259,292 9,794,819 8,581,285 2,244,140 0.7 2,157,160 1,654,773 2,451,565 1,831,553 + 33.9 1,679,288 1,298,046 512,868,259 453,013,757 +13.2 507,727,207 428,964,714 Colorado—Colorado Springs Pueblo _ — 781,237 New Bedford 509,701 472.650 7,358.933 Hastings Kansas—Topeka 1,378,036 4,203,959 Massachusetts—Boston + 3,004,834 Omaha- 1,729,393 Portland— 3,696,005 3,339,568 Tenth District—Boston— Maine—Bangor 3,879,582 Montana—Billings Total (7 Cities) $ at— Reserve Reserve showing the figures for each city for the Week Ended June 24 Federal Federal South Dakota—Aberdeen 1950 First Ninth Minnesota—Duluth week ended June 24 for four years: Clearings Total (4 Cities) 299,413,109 10 City Total We +14.2 6 Kansas llth Dallas 12th 1,074,829,607 ; Springfield 8,902,662 6,902,347 +29.0 Worcester 6,757,859 4,490,183 +50.5 5,101,073 4,608,656 31,840,649 25,921,600 +22.8 23,634,187 19,668,716 Connecticut—Hartford New Haven 6,050,909 11,550,125 New Hampshire—Manchester +18.0 11,873,790 9,213,480 22,753,400 +31.1 25,957,000 27,183,400 1,366,391 Rhode Island—Providence 9,785,434 29,834,300 .. 1,383,371 1.2 1,297,984 1,204,353 — Total (10 citte3) Eleventh Federal Reserve District—Dallas— Texas—Austin 6,736.166 5.646,211 + 19.3 5,839,520 5,839.806 297.302,159 236,176.306 + 25.9 247,331,000 29,236,000 Dallas 22,603,078 + 29.3 28,414,379 5,834,000 4.788,000 + 21.8 5,240,000 6,113,396 4.235,234 + 44.3 4,989,494 9,400,498 8,564,053 + 9.8 8,154,982 201,307,000 24.764,652 4,378,000 3;190,270 7,045,452 354,622,219 .282,012,882 +25.7 299,969,375 246,525,180 135,110,893 103,527,103 Fort Worth Galveston Wichita Falls Louisiana—ShreveportTotal 12 Cities) Second Federal 612,760,385 Reserve District—New Hew York—Albany 612.766,452 12,741,239 Buffalo 13,821,753 3.237,145 Binghamton 0.1 2,688,413 51,568,203 45,663,836 2,856,832 2,264,523 84,120,858 +15.1 1,405,534 +36.0 2,374,188 1,716,94.5 New York 7,820,846,162 7,754,672,843 Rochester 19,791,618 17,156,130 1,421,385 80,203,745 1,480,867 +38.3 1,817,784 1,910,493 0.9 7,459,270,427 6,938,371,111 +15.4 18,979,406 16,505,149 + +39.0 12,771,900 9,318,515 +22.7 14,942,861 11,952,437 893,625 Northern New Jersey 11,144,815 13,330,746 624,041 +43.2 709,635 763,454 45,596,588 Newark 85,493,791 16,351,210 New Jersey—Montclair 40,275,432 +13.2 50,932,460 Twelfth Federal Reserve District—San Washington—Seattle Francisco 146,694,899 51,566,878 +10.2 49,035,096 43,585,592 1.3 7,749,799/700 7,188,137,009 126,137 176 + 16.3 3,844,931 3,461,810 + 11.1 3,380,632 173.891,663 3,603,732 140,721,753 + 23.6 159,667,449 66,262,285 Oregon—Portland 57,529,247 + 15.2 56,085,906 11,795 414 + 28.4 9,966,399 9.2 7,143,213 415,889,131 94,903,876 44,097,031 8,343,471 6,191,522 378,653,266 8,882,593 3,018,836 Utah—Salt Lake City California—Long Beach 15,148,354 Pasadena- 10,084.601 9,233',715 455,678,797 383,818,336 __ San Francisco San Jose 11,990,711 , 8,733,328 + + 18.7 + 37.3 4,410,934 3,662.139 + 20.4 9,614,174 3,789,378 9,578,078 8,341,453 + 14.8" 9,977,196 8,067,882 897,585,253 753,434,371 + 19.1 810,624,371 659,289,312 15,933,634,733 14,824,934,208 7.5 8,112,788.571 7.070,261,365 14,671,612,328 7,212,341,901 36,118,137 56,817,057 — Total (0 cities). Yakima 15,487,783 - Connecticut—Stamford Total (12 cities) 571,446,472 7.8 1,911,035 Jamestown 583,160,973 +20.4 — 96,829,970 Elmira Syracuse — York— 0,092,877,620 j 7,992,524,380 ,+ Santa Barbara Stockton Total (10 cities) Grand Total (112 cities) Outside New York— •Estimated, tNot available, . f - ; + + 14.7 13,202,623.3 6,264,252,2' Volume 172 Number 4921 (47) The Commercial and Financial Chronicle . . . Redemption Calls and Sinking Fni Foreign Exchange Rates countries of the world. We Secretary of the Treasury the buying rate for cable transfers on the different the give below Notices of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily Pursuant to the requirements to Below will be found record for the week just passed: a FEDERAL BY CERTIFIED RATES EXCHANGE JUNE Noon Country and RESERVE BANK TO TREASURY UNDER TARIFF ACT 1950 TO JUNE 29, 23, Value and common redemption The date indicates the given in the "Chronicle." the details were in Preferential "B" *_ .297778* .297778* .297778* .206949* .206949* .206949* .174562* .174562* .174562* .138958* .138958* .138958* Special Australia, pound Date Closed 2.231573 mortgage .0198812 .0198750 .0198625 .0544060 .0544060 .0544060 .0544060 Official .909090 .909090 .909090 .909090 .909090 Free .906875 .905937 .906250 .906093 .907812 .208500 .208500 .208500 .208500 .208500 Central .0200600 .0200600 Q, 3Va7c, due 1978 Chicago, Burlington & Quincy RR.— 1st and ref. mtge. 3Ve7o bonds, due 1985 Brazil, cruzeiro Canada, dollar— Buffalo .0200600 .0200600 Denmark, krone .144933' .144938* .144938* .144938* France .00285625 .00285625 .00285625 .00285625 .238379' .238379* .238379* .238379* .238379* .208700 .208700 .208700 .208700 .115613 .115613 .115687 .115687 .115687 .262642 .262650 .262600 .262600 .262600 2.772896 2.772896 2.772896 2.772896 India, Dominion of, Mexico, peso Netherlands, rupee guilder \ 1st 1 2303. 1 2301 1 1 1 2303. 230V 2301 Cleveland .0347321 .0347250 .327750 .327750 .327750 .328000 .193329* .193329* .193329* .193329* .193329* .231010 .231050 .231183 2.783750 2.783750 2.800742 2.800742 1st Terminals Union Fuel Iron & 4% Fibre July 1960 due ; . peso .658327*1 .658327*1 .608327*1 .561797*1 .561797*1 .561797*1 .561797*1 .425531*1 .425531*1 .452531*1 Investors peso .425531*1 ,425531't tApplication depends 1 1 1 2460 2401 2512 July 1 2512 Northeastern Water July Co., 5% collat. trust bds., due 1968_July Paducah RR., 1 1 1 15 1 1 240: 240> 240? 240? 2403 2611 —July 17 July 14 Tide Water Associated Oil Co., $3.75 preferred stock July 1 Western Light & Telephone Co.— 1st mortgage bonds, series A, due 1975 _ July 1 2409 2513 2H}fr 1st lien collateral trust 3% July July 1967-July bonds, dated 1936 1st mtge., 3V*% bonds, due 1966 Michigan Consolidated Gas Co., 37/8% debs., due Mississippi Power Co.— 1st mortgage bonds, 3 Va % series, due 1978; of merchandise. type upon decreased Statement of Condition of the 12 Federal $118,000,0,00. showed increases. All of the other loan categories . Holdings of Treasury bills increased $94,000,000 in New Reserve Banks Combined (In thousands S24l,000,000 at all reporting member banks. Holdings of ^Treasury certificates of indebtedness increased $37,- of of dollars) Increase ( +) decrease (—) 1949 1950 1950 or since June 29, June 21, June 28. Assets— City, $55,000,000 in the Chicago District and a total York creased York certificates for F. Demand gold ctf. cash 212.516 and Industrial loans V. S. advances 69.363 Bills ___ 146.000 3.83C 875 __ Certificates 4- Bonds U. Total loans S. from R. foreign Notes Uncollected of securities.. ♦ • —1.378,263 35.225 premises assets Total -r 52 44,367,598 2.630 14,086 — 60,737 — — decreased increased in the $71,000,000 $234,000,000 Chicago District tricts. — S. Treasurer—gen. Foreign acct. 15,988,451 acct._ 866.069 336,815 + + 16,522 + 1.140,308 + 29,304 ■ Other 300.337 _ Total availability liab., incl. '4- 18.295.165 deposits Deferred Other 516.608 —2,024.454 180.671 in New York Borrowings decreased $78,000,000 increased $42,000,000 in the New and side New York A 361,340 66 4- 16.377 accrued divs. ~ York District out¬ 368.960 Capital (Section (Section Eurplus Surplus capital Loans U. 1949 _ __ 27.543 _ Total liabilities & cap. accts. S. for 44.367,598 for 12,021 liabilities note combined — U. S. .5% — 1.6% -r to make 48 - loans _ . — 45 330 336 4 1,075 — Condition Statement of Member Banks banks of the statement Federal Demand Q. 4 System the following principal 84 20 ended June 21: Increases of $156,000,000 for the ties, and $385,000,000 in United 32 946 36.873 368 2,491 3,210 6,777 241 267 37 12 S. 20 118 47 to 2,360 deposits... 4 — + Commercial, industrial, agricultural in¬ at a chasing District. or Loans to brokers and dealers for pur¬ carrying United States Government securities 1,721 4- 273 385 + 1,366 ■f 848 213 T 6 21 49 — Tide Govt, S. — 477 v Wisconsin 3Vz % 1 2403- July 1 Gas & bonds, due 1966 Co.— July 1 J98(* bonds, series A. due 1990-July Co., $3.75 preferred stock.—July 1 -1*7* preferred stock Ry.— Oil debentures, due 'par tables. $ per share Electric Brake Co., $3 cumulative "A" this in July 10 1966 due Peoples Light & first the are second in which table grouped in two separate indicate we all we dividends the Then $6 (par pfd (no par).. $1) (with T F. When —r Equipment, Inc. < quar.)—_ Bearing, class A <quar.)_ Reduction Penn American Co. Mills, (quar.) — Inc Louis) American & 7-27 8- 1 8- 1 834c 25c 50c 7- 1 7-25 7-21 7-14 7-14 6-20 7- 8 6-21 Arch (Del.) Co. Asphalt Roof — (liquidating) 7-10 iquar. I Automobile Insurance Can Car Co. & Co. 7-15 7-22 7-10 7-15 6-30 7-15 6-30 8-15 (St. 50c 9- 1 i 75c 8-15 7-20* (resumed)-- $1.19 7-18 7-11 ; (quar.) 2c $8 25c (reduced* Gas — (quar.)__^ Foundry Co.— non-cumulative Distilling American Fidelity Fidelity preferred Co. 50c Co. Co. (Vermont) "'7-10 I5c . (Va.)— t. (quar.)--. 7-13 7-28 15c (quar.) & Casually Quarterly American 8-15 50c 15c 25c Oil Extra American Holder* Payable of Rec. 25c Corp. Gas American 5\z Share Inc $2 lot warrants;.. $1 lot ¬ we payment date. 7% preferred" an follow with show the payments previ¬ week. ously announced, but which have not yet reached their $5 lot ... Power Corp., 2513 Issue. nounced during the current American preferred $26 lot ~f" UOt.Rl^Uaqelphla Daily News 2103 240fi Electric Co.— Gas & In American $50) §1) 1 July 10 1963- DIVIDENDS All by Jenks, Kirkland & Co., Barnes & Lof- Empire Electric Brake Co., common 19 210V July 14 mtge. 5% Associated 2403 Co.— convertible 1st mortgage bonds, Affiliated Empire Electric Brake Co., $3 cumulative "B" ; ref. •Announcement A 25,296 STOCKS Empire , July 1955 Name of Company Department, Philadelphia, on Wednesday June 28: «par 20 220(V due Controls convertible 3 Va % accounts, (San Francisco District), figures Shares 1,550 2513 1 Per U. and Transacted ,, 1 mortgage 3V4% cumulative Water 1 Co.— bonds, Electric refund, 2513 July 1959 due conv. Virginia Electric & Power Co.— accounts, except Auction Sales 465 _________-July 14 due 1966 bonds, Coal mortgage Service and Alabama total of $73,000,000 $49,000,000 in New York City and $10,000,000 in the Boston 1st General snd Air reporting member banks; the principal increases all were in most of the districts and 3JA% Consolidated Louis Southwestern a deposit securi¬ loans Coke & mortgage Ahlberg 47 creased + 1 243 4' 1.285 banks demand 251> July 10 1978 debs., due l952_Oct 1st mtge. 6s, due 1952 July 15-year 3 V* 7c RR., Gas Adams-Millis land and 98 week domestic banks. 6% Service Co.— 321 48.040 ... 260ft2400 1461' 240V * 210(V due 1967 4V2 7c bonds, mtge. Public 23 2,344 banks during week deposits 1st 1.454 39 demand deposits: interbank bonds, Co., 1,1.80 12,021 Borrowings to — Dividend announcements Government Debits 1971 Co.— 3Va% Indiana Rico 4%% St. 1.666 5,709 domestic * * due 5,826 78 ; Banks 1st 2,069 indebtedness Reserve 260(j 1950-1956 3V*7o debentuies, due 1979_._ Rubber Co., 5% subordinated debs., Public 2.358 States Government de¬ posits, and a decrease of $243,000,000 in demand credited 80 34 284 in loans, $368,- 000,000 in holdings of United States Government CALLED mortgage 3V\7o bonds, series D, due Bell Telephone Co.— 1st 552 in leading cities changes ISSUE due Co., Potomac Electric Power Co.— 72 1 792 'Preliminary shows 1st 431. 24.395 of deposits adjusted.. Foreign of weekly reporting member Reserve 240 l July 29 July 29 Robertshaw-Fulton vault with 476 110 137 ^ Federal with 118 carrying: obligations notes in Northern Pratt 8.935 condition 1 1 July 21 due 1978-July 7 preferred stock July 1 1st mtge. 37/b% bonds-_____ July 1 Corp., 10-year 4*/2% debentures, due 1956 Aug 1 Water Co., 7% preferred stock July 1 240 1,317 securities—Total bonds Interbank The July Aug P*tb« Light Power 73 obligations Li or & mortgage 13,532 15.591 1,208 1971.—_ due 1978 Date debentures, 1,785 pur¬ indus¬ ' trial , 22051' Corp., conv. preferred stock——July 15 Electric Corp.— Lipton (Thomas J.), Inc., Los Angeles Transit Lines, Liabilities- 5,511 correspondents 1 ,■ debentures, Power Porto 4.877 certificates S. 3 l/a 7c Dallas 156 —— Government Balance Contingent liability on accept¬ ances purchased for foreign Commitments July Issue— & serial Pennsylvania bills U. 17/e 7o Gas Ohio 505 Treasury Cash 55.9% 188JI 1967. due Corp.— bonds, ENTIRE and 1.699 loans Reserve gold certificate re¬ to deposit and F. R. serves, 3V8% ■. Company 5% banks to 2513 1 „ series D. bonds, series due 3 v4 % . 5,237 Other securities of Ratio . 544 loans estate Other —1,412,359 60,737 A, A July 31-year agricultural dealers purchasing Government Treasury — series series 1973 due bonds, Service Public mortgage 156 Other securities 14,090 21,462 4- 3.555 stock, pfd. cum. debentures, 3V4% 1st mortgage dollars) of 4,664 Government loans Other ■ 166,575 bonds, mtge. 1st Ohio, Northwestern carrying: or S. and Other securities 693 4- and _ brokers to chasing 230.742' 4- 488.173 7)._ 13b) of Corp.— mortgage 1st June 22, 1950 67,843 loans 151.034 Loans accounts 1st 25.646 Industrial, Commercial, Treasury Other Terminal Co. 25-year 25,261 Investments—Total Loans—gross —1,459,932 256 + 219.074 in Co.— 1975 Wheeling Steel Marion June 14, millions (In Loans and Accounts— paid 2.65% McCord Inc. ( + ) or Real Capital Oil Interstate liabilities of reporting Dec. (—) Since 633.155 — .64,548 — 43,466,233 due July July income debs, due 1964_July f. debs., due 1964 bonds, due 1961 s. cum. Westinghouse Electric Corp.— 1st City. of the assets and summary U. Total liabilities Standard City member banks follows: —1,173.373 201.970 ' 2.353,888 items — Pacific 3%%, bonds.July 40-yr. 4Vz 7o. mtge. Bingham-Herbrand Loans—net bank—reserve 20-year 5Va7c Francisco San Columbia June 21. 94.756 + 22.800.803 Southern and in most districts. 1,412,359 • Member U. notes Pittston Co., deposits increased in all dis¬ Assets— Reserve 1st Phillips Petroleum Co., 2% % Co., collat. trust 4% deposits credited to domestic banks de¬ Demand creased Liabilities— Federal Illinois & Inc.— bonds, due 1974 3Vo7o Pittston $98,000,000 at all reporting member banks. States Government United Public Service mortgage Wisconsin of increase 1950* Deposits: in District, the Boston $33,000,000 in 1st $45,000,000 in the San Francisco District; there was a net 300,746 + 9,743 + adjusted City and 3,780 + — 104,426 assets 21 — 3,914 588,882 ' ■ Eank Other 683,254 533,148 , New in was Orleans New 1.499,850 3.020.000 —2,136,400 28 2.631,685 deposits York and —1,299,504 112.582 banks— ~ 538,500 4- 18.289,055 banks other items — 6,000 Govt., securities. 18.217,025 and — 230.400 5,643,800 Total Due . 460.100 -r 5,357.250 3.379.100 F. 2,193 r Govt, secuiities: Notes New 69,075 80,952 — 40 -f ■ 258,070 — 5.392 r 2,667 — 783 — 67,072 — 9.997 22 982,081 reserves _ Discounts 1.002 -f 521,650 $62,000,GOO of which City. 190,998 — R. notes Other 10,999 22.460.431 fund $78,000,000, $ $ $ Holdings of United States Government bonds in¬ 000,000. 23©i* 219(1 Telephone Co.— Keyes Fibre Co., •Nominal. Total 2399 * .658327*t .561797*1 Kingdom, pound sterling Uruguay, peso Redemption 1 1 3 1 Deerfield .658327*t United Gold 239i| Packing Corp., 3%% s. f. debs., due 1962 Aug Georgia Power Co., 1st mtge. 3Va 7c bonds, due 1971 July Hudson Pulp & Paper Corp., 3Vz7o debentures, due 1966_July 2.800742 * 1 bonds, due 1964_July Co.— debentures, convertible 1 bonds, series A, B and C-.Oct Corp.— and collateral trust 4% Continental-Diamond 2.800742 Co.— mortgage sinking fund 1st mortgage 2.783750 2.800742 Aug Aug July mortgage 3%% Colorado .230891 2.783750 Closed Aug bonds, series D, due 1962_Sep 4Vi% .496250 .496250 .0347000 .230825 2390' .140154* .496250 .0347000 2.783750 3 .140154* .327750 .j, 1 July ser. bonds, series E, due 1969 1st mortgage 23A% bonds, series G, due 1974— Cities Service Co.i 3%, s. f. debentures, due 1977 .496250 * Aug 1966 Terminal Co.— Union Cincinnati .0347000 1 Chicago & Western Indiana RR.— 1st and ref. mortgage .496250 _ Settlements, dollar Sweden, krona Switzerland, franc Union of South Africa, pound Uruguay,, .00285625 due .140154* .140154* .140154* i. Straits Uruguay, Closed 2.772896 New Zealand, pound Norway, krone Philippine Islands, peso_ Portugal, escudo .144938* 1 Aug 2391* 1 Co.— Power 1st and gen. mtge. bonds, .208700 koruna (Metropolitan), franc Germany, deutsche mark debentures, Maine July 1963 mortgage 4% 2.85% .0200600 RR.— Susquehanna & bonds, due Celanese Corp. of America— 3% debentures, due 1965 1st Pantf Date Company and Issue— .0198875 .0544060 franc Ceylon, rupee Czechoslovakia, 2611 REDEMPTION PARTIAL 2.231573 2.231573 2.231573 2.231573 1st .0198875 Belgium, Patfw July 21 Theatres, Inc.— bonds, due 1958 England .174562* .138958* Poli-New .206949* .174562' "A" .297778* .206949' .138958' Preferential and Issue— Company S $ .297778' Basic TENDER OF NOTICE June 29 June 28 s s I $ June 27 June 26 June 24 June 23 Argentina, peso— last date for mak¬ or ing tenders, and the page number gives the location in the current volume (except where indicated) in which for Cable Transfers in New Yorfc United States Money Buying Rate Monetary Unit OF 1930 INCLUSIVE 1950, list of corporate bonds, notea, a stocks called for redemption, including those called under sinking fund provisional preferred FOREIGN 47 , 6-30 i t •r - 48 (48) The Commercial and Financial Chronicle When Per Name of Company American General convertible $2 S2.50 Hide American Ice American Natural 6% (quar.)-— & 6% — (year-end)_—— Co., Phenolic Smelting 7% 1st American American 5% Viscose — Anglo-Canadian Argus Corp., 4'/2% & Hegeinan Gas Rubber Bank & Class 5% 4 7- 7 6-30 6-22 8- 8- 1 8- Iron t*Bohn Bon Ami No Co., action Ry. 1 7-10 First 7-12 Florida Telephone 7-12 Fort 1 7-31 Fort 9- 1 7-31 Foster 7- 1 6-23 400 56'Ac (quar.i 1 9- 7-28 Bourbon & Common 7-14 Utility British Franklin Process 7-14 Fuhrman & 22'/2C 7- 1 6-22 1 6-30 6% 1 6-23 General Crude 6-23 General Discount 1 6-23 4% 7% preferred 8-31 General 2 8-31 General 6-30 General —___ 50c 8- 1 7-14 15c 8- $1.25 Corp 25c iqmir.)______ dividend usu¬ class B $1 Gladding, 1 7-14 Globe 8- 7-28 7-14 5% Union Gas convertible Brush-Moore 5% Butler (A. 7% 80c 2nd 7% 4>/2% 6% Car A $1 < quar.)________ Canadian (quar.) common Ltd.— Oil Cos., 6-27 1 7-14 8- Central Hudson Ry. Hartford Electric 7-15 Hartford Steam 7-15 6-30 Hercules Hoe 8-22 8- 1 8-22 8- 1 2 8-31 & 4%% pfd. Inc. Bank (N. Y.) Horn & 8-31 8-21 Hudson preferred Hydraulic Bell 7-10 Illinois Brick 7-15 6-30 1 8-15 1 7- 7" Corp, 7- 6-22 1 7-17 25c Y.) Enterprises, Ltd., Commercial Wharf Co._ 6-17 8-15 $1 ; (N. 7-22 45c (quar.) Bottling Co. 7-20 6-30 20c common (quar.) Coal 6-15 1 8- ofd. 7- 6-26 6-12 5 Commodity Corporation 18c 6-30 6-26 Composite Eond & Preferred Stock Fund 13c 6-30 6-21 75c 8-15 7-31 25c 7- 6-23 Gas Company, 7% Connecticut River pfd. (accum.)__ Printers Connecticut (quar.)___ Power, 6% pfd. Consolidated Car Consolidated Petroleum Heating Consolidated Royalties, Participating Continental Corn (stock dividend) 5% (quar.) (stock dividend).— (stock Refining, 15c AA Series f% preferred $ Co., Ltd., $4 preferred 2nd preferred (quar.) __ (quar.) preferred (quar.) (quar.) Glassine Del' Power vare Gasket & & P<iroit-Michigan I iamond State Dixie-Home Dominion Dominion Dominion Second 7% 7-12 7- Co. Telephone Stores Bridge Coal Co. Co., Fabrics, Ltd. 6-30 preference Class B $37'/2c 9- 1 8-11 Dryden 9- 1 8-11 $3.50 30c 7-10 6-30 Link-Belt 8-15 7-15 $1 9- 1 8-14 9- 1 8-14 7-15 6-20 7-15 7- 7- 7 7 1 7-11 6-30 6-26 7-20 7-10 7- 6-26 Ducommup B Non-cum Corp. & Supply Co., preferred '! partic convertible preferred-! , 7- 7-25 8-1 7-10 1 7-10 8- 3 6-23 1 6-20 6-30 Gas 7- 1 6-24 8- 1 7-12 9- Co., 8-14 7-10 7-15 7- $1.75 7-14 5 6-28 1 7-20 8- 1 7-20 20c 8- 1 Supply at Elevator Car Pacific 3 6-30 8- 1 7-15 9- 9 6-30 6-28 7-21 & 1 6-20 7-31 1 $25c 7-15 8- 1 1 6-22 6-30 6-20 $1.50 8- 1 7-11 7-17 7-10 & Peabody 5% Life 1 8- 1 0- 1 8- 1 56'Ac 8- 1 7-14 7-15 6-30 Mutual 1 Coal Peninsular Fund Second Fund Extra Preferred 4'/27> Mabbett (George) Sons, 77c Macy (R. H.) & Co.— 4'/4 7c preferred series A Manufacturers Credit, ! RR. Perkins Perry-Fay 3.80% (quar.) 6-20 Marshall Field & Co. Piedmont 5% jo 7-20 7-10 6-30 6-30 7-15 6-30 8-25 7-31 McCall t75c 8- 3 7- McFadden 8- 1 7-15 8- 1 7-15 5 Units of beneficial (quar.) Steel Class Stores, B Melville A 7-12 I 7-12 1 8- 4 Tool (quar.) 8-3 7-5 8- 7-17 6-30 Middlesex 8- 7-14 Middlesex 7-14 7-12 Midwest Piping 10c 7-14 7-12 Midwest Rubber 7-12 4 '/2 (quar.) Company Miami Bridge Co. (quar.) Michigan Seamless Tube 8- Meyercord % Products Water, 1% & Potomac 6-23 1 6-23 4.70% 7-26 8-15 7-17 Purity Flour of 6-26 1 6-26 6-30 6-20 8- 1 7-10 Estate Co. on common June on 7-15 6-29 6-29 7-14 7- — (increased) lquar.)_ 60c — 6c 37'/2c 8- (quar.i class A June on Paper 75c 8- 1 7-14 7- 1 6-20 Scranton 7- 1 6-20, Sears, 8- 1 7-14 7-10 6-30 $1.12'/2 stock Flour Smith 7- 1 $3.50 7- 1 j 6-21 Solar 90c (J. Mills, Ltd., Southern 50c 7-17 7- 25c 8- 1 7-11 56'Ac 10- 1 9-11 7 6% 7 1 7- 7 7-11 6-30 7-11 6-30 7- 6-21 1 8- 1 7-20 8- 1 7-20 7-15 6-24 7-20 7- 5 7-18 7- 7 7- 1 6-22 7- 1 6-26 68%c $2.25 7-28 7- $1.12'/2 J50c J183/4C 7- 1 6-23 7-25 7-10 7-25 7-10 +25c $$1.75 .__ 8- 1 6-30 8- 1 6-30 7 (quar.)— com. (quar.) 6-30 7-15 on 6-30 1 6-28 8-31 8-28 37'/2c (quar.) 22nd. Stock¬ proposed a 6-30 7-15 7- 25c preferred vote 6-30 7-15 50c (quar.) will 7-14 20c 22'/2c Electric, 6% 25% distribution. Electric Co. & 25^ 8- :— 50c 9-11 8-10 common— $30c 8-25 7-15 (quar.) Co. iquar.) , 7-11 $50c 10- 2 9- $56'Ac 10- 2 Co., preferred 5% California A Colorado Gas, 67c pfd. Power Co. — (quar.) 6-30 6-13 7-14 6-30 7-15 7- 8-15 7-31 $1.25 (quar.) (quar.) 3 22%c iquar.) 2 7- 15c iquar.l preferred 9- 7-15 50c iquar.) (quar.)— common 2 25c Inc Hungerford) Company preferred 1 10c Foods, Products, Southern 7-13 9- $1 & convertible Sonoco 7-15 15c common (quar.) Gas Aircraft 6-23 7-31 7- $2 Sidney Mining Co 7-20 5 93%c Co Map Roebuck 6-27 8- 1 5% 6-20 7^5 7-14 8-15 50c Shedd-Bartush 1 1 1 9- 15c (increased) Co. 6-30 7-15 89- $1.06 19c 7-21 6-30 7-12 12'/2c 12'/2c —— 7-10 8- 1 4%c — 8- 6-30 8- 8-10 —— Shawinigan Water & Power Co., 4% redeemable preferred A 4 '/2 % prefeired B 1 7-12 8-25 Corp D.) preferred $1.50 1 12c : preferred $1.37 >/2 5 8- +25c Dock, 4'/2T? 1st pfd. (quar.)_ Corp., Ltd., $2 1st pfd. (quar.) preferred (quar.) holders 5 7- Inc.— (s-a) Schenley Industries, Inc Meeting to be held on Aug. 6-23 1 7- 7-15 27.) Inc.—. (quar.) Schaffer Stores, 7-15 6-30 7-15 $1.17'/2 common— 7-10 1 6-30 8- 1 —50c 6-19 7-31 7-20 7-20 9- 90c — 1 7- 6-21 25c ——_— 6-30 £7* 7-10 1 +2c Dry Die-go 7-25 common on held ' preferred Sanborn 7 35c Iquar.)__ Co. Lawrence San 7- 7-20 7- div¬ !______—_ action preference 7-15 6-20 7 $1.25 Shares, Laboratories, 50c 6-20 5 7- 29) dividend 1 7- 7-20 $1 5'/27p preferred (quar.)__ Russell-Miller Milling Co., 4'/2% pfd. (s-a) Ryan Consolidated Petroleum Corp.— 1 7-10 7-20 25c Gas, 7- 7-14 $1.25 (quar.) (George 7- 7-15 62'/2c Raisin $1.75 35c 1 $1.37'/2 (quar.)— quar.) no Brewing, 2nd 7-10 8- Colorado— Equities, conv. Stock 1 75c Co.— 1 8- 50c Iron & iquar.) 8- $1.10 _'. B 7-10 $1.07'/2 (quar.) meeting Company Class 7-21 Ltd.— took at Power Reeves-Ely 3 1 iquar.) Distribution Top 9-12 95c Ry. (initial Mills, dividend A 9-12 1 8- 8- — action no preferred Reading 1 10- ! 7- (quar.) Co. common Quebec 7- 10- 25c (quar.)— Service Quarterly 1 45c 6-23 ._. 4Vt % 77c 7-26 8-15 8-15 +75c f$1.50 1 3.60% pfd. iquar.) preferred B (quar.) John 25c (s-a) com. 1 7- 6-30 Lawrence 10c (quar.) Supply 6-23 7- 7- Edison, St. 10c Reclaiming, preferred (quar.) 6-30 $1 75c Co.— meeting held preferred St. 37'/2c preferred 7-29 5c Cordage Co., common—: Employees stock—————_ 6-29 45c pfd. 1 Co.— 8-29 l'/2c (quar.) Disintegrating Co., 4'/27o 9- (resumed)__— Co. Water took at 7-15 l'/2c Corp. 31'Ac 22'/2c $1.25 Porcupine Reef Gold Mines, Ltd Portland Gas Light, common..,—— 75c 7 7-29 $1.50 Plymouth St. 7 7- 1 — (accum.) A Union 7-15 7 7- 9- $1.25 — com. (quar.) 1 preferred Company 50c (quar.) Shoe 7-14 5c (quar.) prior iDirectors Rulane 50c (quar.) class 6-20 7-31 Co.— preferred Plainfield Roper 95c interest Maytag Company, $3 preference (quar.)— McBee Company, 5'/27c 1st preferred (quar.) 6% 1st preferred (quar.) Corporation 1 7- 25c Northern 1st Pittston River 1 7-15 7-12 Co — Electric & Pittsburgh 6-28 Massachusetts Life Fund Units— 7-10 ' — (quar.) Philadelphia & Reading Coal Pickering Lumber Corp.: Red 7- 7-25 7-20 10c (quar.) Real 1 25c 50c (quar.i— 7-14 $1.06'A (quar.) preferred (quar.) 6-27 7-15 Fibre Co., common preferred 4V2%• 67c 6-30 . Wheel preferred Public 7 7- 45c ——— preferred $5 7- 7-20 1 10c (quar.)— 4.407 Plomb 7-29 8- 7-15 $1.25 (quar.)— Co. Philadelphia 57 7 40c (s-a) (quar.)—. pfd. (quar.) Machine & Gear $1.50 2nd pfd. 7- (New common common A 5c 7- 3 Co. B 25c (quar.) 1 Bleachery, Inc Ludlow Typograph, $6 preferred 7-17 5c 5c Loomis-Sayles 7-15 common.J Grinding 15c (quar.) Extra Lowell 1 1 7-31 $1.12'/2 (increased) (quar.)__ Ltd., Preferred 8-15 1 7-20 1 8- 50c — $6 preferred (quar.)___ Pennsylvania Glass Sand Corp., 5% preferred (quar.) 1 9- 6-24 6-28 8-15 $1.25 (irreg.)—_ Corp. preferred Corporation, Penman's, 6-30 8- 7-27 8- — — Co._ River Co., prior preferred $3 8- 8- 1 10c — Insurance Co. Peaslee-Gaulbert, Pemco 9-15 50c 9- 28). — — & Hudson conv. Class 9- 8-24 Inc.— (s-a) Davis Paterson Co Cement A.merican — _i———_ (quar.i— Consolidated Orleans) 7-10 7- 2 20c —— Foundry Tin Pan June on 1 preferred Portland 7-14 8- 1 10- preferred on held Aggregates, conv. Pacific 6-30 7- 8- 8-15 8- — — action meeting Pacific 8-18 30c 6-23 1 50c (quar.) Co.———— Coast 4'/2% idend 7- 7- Ltd.— Co., deferred Pacific 7-10 $$3.75 6-26 6-30 59%c $1.12'/2 ______—__ (initial)--. Beauty Company Oxford Paper Co 6-30 6-30 8- 6-30 7 8-15 common ———— 1 7-26 6-30 7- 25c •, common dividend Otis 6-24 $1 7-31 7-14 — (Savannah). Inc. "6-30 $2 $1 12'/2c 59%c +25c +$1.75 20c Co (Directors 6 87»/2c common 7-25 10c New 6-30 7- 5c (quar.) 10c ; Fund, Natural 6-30 Olympic Radio & Television— Ontario 50c (quar.) Company Loomis-Sayles (quar.) Inc 17c Co.__ (quar.)_ preferred A iquar.) Corporation, 4'/2'/< pfd. Oliver 40c Fund, $30c Metals Oglethorpe Ohio Leather Oklahoma 7-10 8-15 $2 ——— — & preferred 4%7 9 (Spokane) Company, 57, preferred (quar.) 4ri4 7e preferred A (quar.) Ogilvie Flour Mills, Ltd., com. (quar.)_ 30c (quar.) $12'/2c JJprham-Enders Razqr Corp.^class A Class Tire 30c Ltd.— Paper, Ltd Oberman Co. Rich's, Inc., common 3%% preferred (quar.)— Co. 6-30 Comoany—•____:—— Rike-Kumler & 7-12 Sts. ———-T--——— f!) (Charles 6-30 Salt 8-10 8 (Hartford)— : Extra---— 8- J50c $25c Dominion Woolens & Worsteds, Reduced Quarterly Noyes 7-15 (John H.) Lincoln Printing 8- 25c Juniper Insurance 8-15 Metals (quar.) 7-15 7- 40c t37'/2c (quar.) (quar.) quar.)_ $20c (accum.) Title 30c Rubber 6-26 9- $2 Co. 45c Lee 6-29 15c Insurance (quar.) Leslie }40c & (quar.) 50c (quar.) (quar.) 3 Inc.— 10c Co. 7 8- $$1.75 preferred 15c (quar.) 7- 8-15 $40C Inc., 4'/2% Lewis 1 (quar.) (quar.) (increased 6-30 $1 75c (quar.) Walnut preferred 6-30 ^.T^ominion Steel & Coal Corp., Ltd.— * Common preferred Corner (Directors (quar.) preferred 6-30 — (quar.)— common Lansing Company 6-30 7- 7-31 $1.25 Milling Co., Ltd.— 25c _ 93 %c 25c 6-30 1 7 2 '/2c pfd. Langendorf United Eakeries, 50c iquar.) Ltd., 6% pfd. Ltd., common convertible Woods Lane Bryant, i5c iquar.i Co., 6% 6 25c (s-ai Light Co. Stove Works, 3 7-15 7- 30c 6 8- 5 7-31 $1 7- $1 Manufacturing Co Ltd ! 7- $1.25 Y! biss Company (increased) Dean (W. E.) Company (quar.) De Deer'ield the Common 9314c Davenport Water, 5% De F''l & Richardson of Ry., Phila.) New Krueger (G.) Erewing Co 7- 2c common preferred A 7- 40c 62 '/2c (quar.)_„ (reduced). Water 6-30 50c (s-a) Corporation, 7-14 7-15 25c (quar.). preferred 7-12 $1.05 (quar.) (quar.) Knitting Mills of Canada, Central Power & Light— Inc. adjustment Northwestern 7 15c (Bridgeport) 7-15 common— 1 8- . Y.) ( N. Reduced Company— Kokomo t$1.25 Dar." D^'roit 4 7c $0.085456 Cypress Abbey Co. 31. % Jersey Joyce, Western Co. _, 7-25 (quar.) Zellerbach, .20 L.) 7-15 _$0.120409 7- 50c 90c Crf imery Package Manufacturing Co. (quar.) Crovn Cork & Seal, Ltd. (quar.) Crr-n Jantzen $0.108476 Paper Eox (F. preferred $1.80 Series ___„ Kahler Corporation 3 6-30 7-24 $1 8-15 7 9-29 7-15 Telephone Corp.— $0.106401 (Modified) AA rrugated 5% 25% (Modified) Accumulative Series C (quar.) $1.75 (quar.)___ common preferred (quar.) Corporated Trust Shares— Accumulated Jacobs 33'/3% dividend) Co. Quarterly 6-30 7- 10-14 29) June on $2 Insurance Northeastern 9-18 International Business Machines Corp.— 1 7-28 9-28 5c (quar.) 7-15 9- 8-10 1 3 50c 15C ; RR. Associated preferred Lake 7% Series $1.50 $1 preferred Casualty Products iquar.)__ (quar.i 1 Inc.— Continental Assurance ; Investors Mortgage 1 9- $1.37'/2 9- 10c ^ (quar.)_ Investors Mutual, Inc Ivey (J. B.) & Company— 7- 9-20 50c Mfg. Co. (resumed)— Telephone Co.i Terminal & Northeast 6-27 25c 9-15 7-15 6-27 $1.25 common Press Co. meeting held Fire 1 div¬ common on 4.307o ____! 7-10 7-12 $1 Y.), 2 $$1.25 (quar.) *_ (N. Imperial Life Assurance Co. of Canada (Toronto) (quar.) ___! $2 » 20C Extra Indiana 6-30 62 Vic (quar.) 7-20 10- 50c 5% Co. at — 1 • action no Telephone Co 47 (Indiana) Fund 8- 5c Combined Concord Hardart preferred 6-30 $1 Electric Co., Co. Houdaille-Hershey Corp. 9- 1 7-14 50c (quar.) 8-21 Illinois (quar.)__ Gas A 7-31 90c 7- 1 6-30 $ 1.12 '/2 8-31 40c (quar.) 7-15 8- 20c ______; (quar.) 8-18 $1.19 6-23 25c i preferred Y. Norfolk 6-28 37 '/2c Telephone & Telegraph Common Illinois (quar.) <quar.)_ common Electric & 50c Cheney Brothers (quar.) Chicago Molded Products Coca-Cola Corp., took Penobscot Chemical Home Corp.— 6-28 3 3 lc preferred (quar.i Water Power (quar.) & 3 7- 7- $1 Co 120c (quar.) iquar.)_ conv. 5% 7- 8 6-23 Extra ____ (quar.) Gas 7-10 $62'/2c 7-10 8- (quar.)__ —— Home 8-25 7-31 68 %C ______ Hoiyoke 8-25 $50c 8 8-31 iquar.)—_— Light — Niagara & preferred Co. Electric Outlet 60c (quar.)___ 5% Fibre & Mining Co. idend N. 1 40c 8-31 7-20 8-15 1 9- 12'/2c Gas (Directors Parke, (quar.) 7-14 9-11 8- $1 18c (quar. )______ Inspection 2 9-11 8-15 9- 15c 10-13 $1.75 iquar.) Vulcanized Park New 8-16 $1.12'/2 8-25 10- 8-31 8-10 50c iquar.)___ common 6-30 4 7-10 Company— A Sugar 5% 7- Co.— (quar.) Co., Development 5% Electric Power, National Clinchfield & class Holly 10- Powder 7-18 1 7-20 15c ______ Light Co. Boiler, 7 9- . 6-30 1 6-30 1 8- 8-15 8- 50c Marx_______ preferred (R.) $4 Holly 9-26 $25c common $12'/2c Central Ohio Light & Power— 3.60% preferred (quar.) Cincinnati 3%% 8-15 $62'/2c Ltd.. common 8-31 7-10" $$1.50 Cementing Company, 6-30 6-21) 1 25c (quar.) 6-30 2 6-20 1 8- 50c __ Co. 7-15 $20c $1.25 Insurance 7-15 1 7- $$1.25 (Penn.) & 7-15 10- 7- 50c $25c (quar.)__ (quar.).. (quar.) Hotel 6-30 Hecht 6-2 J 5dc . (quar.) Co., Schaffner 15c Gas Kansas Chasers, Gas 1 1 7-10 o - 25c com. Co. Co., 7-20 88- 7-20 $1 Ltd., Well 40c $20c 1 50c Harrisburg Hart, 8- $1 80c ___ (quar.) & preferred 7-14 7-15 50c (quar.)-_ (quar.)___ Increased Central 4Vu% 1 1 '< 6-30 7-20 8- 7-'4 7-14 33c Oil Harrisburg 8- 1 7-^0 7-20 9- 7-14 7% Inc.— Cotton 8- $25c Process Hamilton 8- 7-31 8uc 40c (quar.)— 7-14 — Increased $1.75 10% Franklin 4% 5 6-30 25c t$1.12'/2 Ltd dividend Central * 7- , Food Products, Ltd.— class A (initial quar.) class B (initial quar.) Chase 7-17 $1 Stock New 6-23 $25c Extra New 6-28 _. A Carolina, Clinchfield & Ohio Carpenter Steel Co., common Catelli Growth Halliburton $50c (quar.) preference (quar.)_ 4'/2% 7-10 6-30 $25c Products, 12'/2c 7 7-11 8-15 1 62 '/2c ____—__ (quar.) Co., 7 7- $1 6-22 Company (quar.)_______ Induslry Shares, Inc 1 $1.50 (quar.) class 1 L.) 1 $1.17'/2 (quar.) Foundry, 6-15 7- Corp.____ $1.75 ______ <quar.)__ & 6-30 25c : 62'/2c 62%c — Inc. 7- 1 75c ( (quar.) Pumps, (H. 7- $38c (quar.) Co., com. (quar.)_ (quar.)____ Food Goulds $20c (quar.) Ltd. 75c Co. Fibres, 1 8- 25c 3 __________ 8- $1.12'/2 - common.- (quar.) Breweries, Canadian 6-15 $1 /.____ preferred preferred Canadian 1 $3 (quar.)__ ________ Power 3 7- < quar.)_______ Wares, preferred 38c _ common Ltd., preferred preferred Class Y.) 7- 7-15 8- tl5c (quar.) common 8- 7-31 National 1 1 8 1 Natiojial Folding Lax Co.——,—— 7 7-15 B 1st 7- 7c (Georgia) Power, (quar.)__—___ preferred . 7- 6-19 7- 7- Inc.— Year-end (quar.) Oregon Canadian 7- 6% 6-24 6-23 ■___. $1.25 (initial)___ pfd. Mills, preferred $4.70 (N. Company, partic. California 7-17 1 12- 10c McBean American Green preferred Co., M.) 1st 1 $$1.50 —_ ;_ Linen $1.50 8- 7- 8-30 1-2-51 6-30 (accum. I preferred Class Inc.— (quar. >____ preferred Caldwell 6-24 70c $2.50 pfd non-cum. Goodall Rubber Co. (quar.) Goodali-Sanford, Inc., 4% pfd. (quar.) Goodydar Tire & Rubber Co. of Canada— 4% preference (quar.) Gordon & Belyea, Ltd., class A non-cum.-— Co.— Inc. Mfg. Byers 1 Cc.—- Insurance Co. Burdines, 7- Newspapers, preferred Buffalo 7-10 $1 (quar.i Telephone 8-1 70c — 5% 1Lk New Bedford 8-15 common Corp. Steel 7-10 1$1.50 (quar. General 7-14 7-15 12'/2C Co.___ preferred (quar.) Refractories 1 1 8- 6-23 (quar.) Inc. Paint 7-20 7-17 7- (accum.) Mills, 6-30 10- 1 15 c Corp. preferred 6-27 2 8- Inc Oil 6-30 7- $$1.62 6-20 (quar.)__ 1 _____— ___ (quar.) (quar.) preferred (quar.) prior preferred 7- 10- Biscuit 7-10 (quar.)_____ 7- 43%c NaiLnal 6-30 Brewing Co., 35c preferred Brooklyn Co. Schmidt 62'/2C (quar.) 6-15 50c (quar.) 4% 1 States preferred Special )___.____ Company, 5% Gamble-Skogrno, 5% preferred 4 8- 7- Co.— & Gardner-Denver 1 Automotive 7-20 Gabriel 7- 9- National $1.50 Field series 7-14 (quar.)_ common on (accum.)____ 1 5% 5c 56'/4c iquar.) (increased) Mills, Ltd. 7 6-15 Washington & Funds,- Rice 712- $1 (quar.) series 50c (quar.) Yards Columbia 6% stock Royal 1 1 6-30 7-27 62'/2c iquar.) 7- 7-15 7- Co.— A 9- 15c $5 preferred 1-2-51 17'/2c Avenue, 7-25 150c Mountain $2.25 10c (quar.) Co. 7-25 (quar.)__ Mount 75c (quar.) Co., Custodian 6-15 1 Ltd.— Brass Co. Stock Franklin 6-30 8- 7 6c Kleiser 15c preferred Water class A Edison & 7- 35c (quar.)._ Transit Madison 7-15 8-31 8-30 $1 Pitt Brewing Co. Worth 1 9-21 15c (s-a) 1 $1.12 '/2 15c ____ (Wash., D. C.) (s-a Coip., common (irreg.) Ycrk preferred 1 $1.50 <quar.)__ A___ Co.______ 8- $a.50 prior preferred <quar.)_ Morris Plan Corp. of America, com. Engineering 6-27 10c iquar.) iquar.) 7-15 pfd. of Co. 1 Marshall see Power 8- iquar.) Field 8- Montana 30c — Firemen's Insuiance Co. ally paid at this time. Boston preferred 7-20 7-14 9- $2 preferred taken prior 7-14 Inc.— 1 (Marshall) 1 8- 3 $1-10 - Morgan :_ 7-25 50c Co, (quar.) Works Aluminum 6% 7-20 $1.50 Holdert When Payable of Rec. 35c — 6-30 . 6'/2% Co 7-15 common Products, $$1.12'/2 (quar.) Fe Paper, Saco & Fibreboard Ltd., Share of Company Oil 25c (quar.) 115c (quar.)__ Watch preferred 8- & Caldwell Manufacturing...-50c Belding-Corticelli, Ltd., common (quar.)—1$1.50 7% preferred (quar.) 1$1.75 Bell Telephone Co. of Pennsylvania (quar.)__ $2 Belmont 4% Per Name Mission (quar.)__!_____ common Co., 1 iquar.)___ (s-a) Foods 8- Beaton Biddeford 7-14 1 Co. preferred preferred $1.12'/2 (quar.)____, Associates, common Benrus 20c $2 (quar.) 4'/2% & convertible convertible $3 Fairmont 8- iViisois.-.ippi Valley Barge Line Co. 4%% preferred <quar.)__ Elgin National Watch Co. (quar.) Equity Corporation, common...... 7-14" 8- 7-31 Co., —30c class Power preferred 7% 7-28 8-31 156'Ac A Beacon 7-14 Telephone Georgetown $2.25 conv. pld. Co. Ballard, Shares Bathurst 7-14 _____ ; Ballard 7-10 1 1 Products 8-15 Ry.— _______ Monday, July 3, 1950 . Holders Payable of Rec. $1 (accum.)— Township $1.12'/2 Topeka & Santa Attleboro Extra Ekco Co.— E.ectric Atchison, Baldwin 6 Co.— preference Light 7- 7-24 50c common Avco Manufacturing, Eastern 75c (quar.) red. conv. Arrow-Hart 7 8- — (quar.) Ltd., 7- $1.25 _____ Co.__— Telephone preferred 1 Massachusetts preferred B Federal Grain, common Cable preferred 4.50% 6% 7-31 $1 Corp., & Eastern 7 Corp,— 4'/2% preferred (quar.)_ Appalachian Electric Power 4'/2% — (quar.i____ Wire 7 7- 8- (accum.) preferred Anaconda 7- 1 When Share Street 1 9- 75c 50c Company Co 9- 20c com . Co. Superpower preference Co., Per Name of Dwight Manufacturing 9- 50c 62'/2c 75c $1.75 $2 (increased)—-— Refining (quar.) Steamship American $6 Corp. & preferred 7 7- 30c — American 8-30 $1.50 common preferred American Holdert Payable of Rec. 25c 37'/2c preferred-- non-cum. Gas __ (quar.) Leather Co., — iquar.) preferred preferred American (irreg.).._ common preferred convertible convertible $3 Share Corp., ... 6-30 6-20 37'/2c 7-15 6-30 37'/2c 7-15 6-30 17'/2c 7-15 6-30 5 Number 4921 Volume 172 . . The Commercial and Financial Chronicle . Per Name of Company i Southern 7% Franklin preferred Southern 5% Process, Iron preferred 4y47c American Wringer $1.75 7-10 6-15 American Zinc, Lead & Smelting Co., com.__ Co.— 7- 1 6-16 Amoskeag Company, common $4.50 preferred (s-a) 55c 8- 1 7-15 Anancon $1.75 7- 1 6-20 $1.06»/4 7- 1 6-20 50c 8- 1 7-20 Anchor Hocking Glass, 9-29 Post ____ iquar. i__ pfd. iquar.)__ 9- 6 Anchor 7-24 7-10 6% 1 8-15 25c 7- 1 6-28 $1.50 7- 1 6-28 20c Paper Co., common 6% preferred (quar.) Struthers Wells Corp., $1.25 Super preferred Mold of California Corp. E> (for the Terminal Anglo-Huronian, 50c 7-20 7- 3 Anheuser-Bush, $2 7-20 7-3 Arcade $1.50 7- 1 6-15 SI.50 6-30 6-23 Terminal Tower Texas Electric Texas Engineering & Mfg. Co. Thomaston Service, Mills $4.56 7-1 15c pfd. 76c (initial) 7- 10c iquar.i (quarterly» 7- 1 6-15 6-30 50c 10- 3 6-27 1 9-15 Quarterly 50c 1-2-51 12-15 Quarterly 50c 4-1-51 3-15 Quarterly Toledo Towne prior Trane Company True (quar.) Corp. (s-a) Bagley Electric Co. Union S4.50 $4 7-12 7- $1.12 Vfe 8-15 7-20 $1 8-15 7-20 1 : preferred (quar.)—_—— 92V2C 8-15 7-20 $3.50 preferred (quar.) 37'/2C 8-15 7-20 Oil Co. Aircraft United Gas dend 75c 5% Corp., stock now on iquar. > quarterly a American Co., Shirt U. S. Shoe Virginia Coal Washington Weatherhead Wellman Coast Western Coal Westmoreland Westmoreland, Whitehall W.vckoff Baltimore 7% Porcelain Steel preferred conv. < Ltd., 6% Bangor Hydro-Electric Co., common (quar.) Bankers Trust Co. (N. Y.) (quar.) Barber-Ellis, of Canada, Ltd., 7% pref. (s-a) bartis lirothers Co. (quar.) Oil $6 1st preferred A 89- Fund, Ainsworth 5V'2% conv Akron 5% Canton Home Appliances, Alpha 4% preferred Amerada 5% Air A called 7-14 7- 3 8-16 7-14 7- (quar.)__ 30c 7- 6-20 75c 8-15 8- Bliss 1 1 Bloch W.) Company Brothers (quar.)__ Tobacco 5% Box Products American 8-1 7-1 Class A B 5 % being given in th# When Holders Payable of Rec. 2'/a% 7-10 7- 1 American 4V2 % 6c 25c, 7-3 6-9 7-3 6-9 7-10 6-15 7-20 7- 7- 7 6-23 6 8- 1 7-20 133/4C 7- 3 6-23 34%c 7- 3 6-23 10- 1 9-13 $3 American Co., iquar.) (N. Y.) American Co. American 5% 9- 8-15 9-1 8-2 7-31 7-17 25c 7- 5 5 6-20 5 6-20 7-14 6-20 Thermos Woolen 6-15 Columbus t 7-3) 6-30 6-30* Commonwealth 7- 1 Community 7- 3 6- 7 7- 3 6- 7 6- 7-10 6- Ltd. (s-a) Buckeye Class B Si Connohio, Inc., 7-15 6-30 8-10 7-20 Class 8-18 Consolidated 9- 1 8-15 10c 7-15 6-28 Consolidated 7-15 6-28 Canada, 5c (quar.)__ 7-15 7-15 6-28 7-15 6-28 3 $40c 7- $25c 7-3 6- 9 6-10 $40c 10-28 10- 7 10c Insurance put on a 3 (quar )— 7-14 6-20 25c 7-15 7- 5 $1 7- 3 6- 5* quarterly (Abilene, 3 6- 5* Kans.)— Bottle (quar.) (quar.)__ — 7-15 6-30 $2.25 7-15 6-15 8- 7-20 25c l, f. '#•.** 1 *W' preferred (quar.)— — $1.75 7-14 Power, Bread Iron 7- 1* preferred (s-a) pfd. (quar.) common Co. Cement (quar.)__ (quar.)____ common (quar.) .__ Foundries, 7- 3 6-21 7-10 6-26 12-18 7-28 25c 12- 4 6-30 Northern Canada Permanent Mortgage * -J k (quar.) Corp. 7-31 12-15 12- 9 8- 1 7- 5 50c 8- 1 7- 5 8- 1 7- 5 8- 1 7- 5 10- 1 9-20 6-30 7-14 6-30 $1.50 $2.50 25c $3.50 7-14 6-30 7-14 6-30 (R. $$1.50 Ltd., L.) Y.i (quar.) — American preferred Insurance 62Vic $1.80 $10c $62 Vic 8-15 7-31 7% deposit 7-24 7-14 7% 8% issue Co., 6-16 Cudahy Packing Co.. 4'/2% 6-16 Culver Corp., (quar.)_ 3 6-30 6-20 $$2.25 7- 3 6-15 $60 at Drug Clothing, class A 6-19 8 7-15 6-22 8- 3 6-22 7- 3 6-15 per $1.50 7-17 $3 at $100 7-17 ~""T per (quar.) $$5 $2 7- 3 9-30 6-30 9-16 25c common preferred (extra). (quar.) * Stores, 4,/2% Curtiss-Wright Corp.— $2 class A (quar.) $2 7- (quar.) Inc. preferred (quar.)____ (quar.) 7- 3 6-19 7- 3 6-10 9-30 $1,121/2 7-15 7- 3 10c 8-15 8- 9 10c 3 7-25 6-30 $1.75 3 7- 4 8-21 7-15 81.76 7- Cunningham 8- 50c called (Toronto) (quar.) preferred 7- Curlee 3 receipts preferred (quar.) preferred (quar.) 6-30 6-15 5 1 9- (entire issue called Co. 62'/2c 6-30 7- 8-21 $10c Crum 7-15 6-30 5% Cuban-American Sugar 7-15 7-14 $1.31 V« Ltd Forster, 6-19 6- Corp.— redemption on July 17 share plus this dividend) Life 7-15 10c (N. (quar.) 7-31 t$5 7 75c Corp A 7-14 $15c 7- 6-19 7-17 $1 for & 7-15 $$2 common.. (final) non-cum. Crown H 1 of Toronto Electric 1 8- 7-17 GO 25c Co. 8-15 75c 10-14 1 Inc.— for redemption on July 17 shara»plus this dividend) 6% 1 8- $75c Crowley Milner & Co.— 6% prior preference (entire 6-30 7-14 of Motors ordinary 6-30 7-14 Co. preferred Courtauld's, Crain 11- Ltd.— Corp., Textile Co., quarterly Dubilier $5.25 c 25c (quar.) $1.25 Insurance $30c (s-a)— Corp. 8 10c Semi-annual Co. (Toronto) (quar.) Power 8- Y.— N. Corp. of America, preferred (quar.) 4% $60c preferred Life Assurance 7-14 Ltd.— (increased) non-cum. Canada (s-a)_ — $3 Ltd., Co., B Canada Co.— — A participating Portland Common **6% 6-21 $$3.50 participating preferred Electric pref. Canada $1.25 Telegraph 5% 3 25c Packing Corp., preferred (quar.) Canada 7- — common common—— California 5% 7- 25c non-cum. California 31'/4C 28'/8C 25c (quar.) A California $1.75 — Common $7 1'2'/2C 6-30 37 Va Corp. Container Cornell (quar.) Butterfly Hosiery Co., Ltd.— 7% preferred (s-a)_: 6-26 Co.— (bi-monthly) common 7- 7-15 55c (quar.)_ Industries, Inc.— Co., Paper Continental Manufacturing— participating class Participating 6-21 51c ;_ semi-annual Gas Consumers B $5 3 6-30 3 47'/2C Mining & Smelting Co. (s-a) Increased Class 6-30 7- 1 7- 10c preferred Dearborn Consolidated 7-14* *7-15 7-14 8- $$2.50 8-31 Corp., 7-13 (Toronto)— Extra Increased 8- non-cum. 40c Edison Consolidated 9-10 $3 6-26 7-27 $60c (increased) Association Ltd. 10c Class 9-30 Co.— Ltd. preferred (quar.) 6-28 5c 15c (quar.) $5 25c Byrndun 9 7-10 (quar.) Consolidated (monthly).. 8-21 10- B 6-30 7-14 (quar.) 9-1 9-19 7-20 Class 1 Continental Ltd. 9-30 8-15 7-15 7 Co.— 1 7-25 7-15 7- 7-20 11- 10-14 7-28 7- 3 7-20 1 1 8-15 1 $40c 1 8- 12- 50c 1 B 1 1 1 Class 8- 4 9- 8- 6-20 8- 7- 8- 8-15 7-15 6-15 $4c 11- 7-10 30c 3 7-10 31V2C 8-31 25c 1 7- 7-20 37»/2c 15c (quar. i_ 7- 7-14 25c 37'/2c 7 (quar.) 7-15 12-20 $3 (quar.) 7 com. 1-1-51 (quar.) 1 .1 Zinc Co., h (quar.) 5c preferred Co., Chemical A 7- conv. 6 91.50 6-20* A 10- Copper & 6 7- 7-10 B 7-28 4%>% 7- 1 Class 10-28 Butte 7-20 1 8- 40c (s-a) (quar.) 6-30 $40c 6-30 1 8- 35c (quar.)— Pa.) preferred 6-30 1 8- $40c 7-15 .8- 121/2 c Co. $2.20 $15c 8- preferred 6 8-14 Inc.— (quar.)_ Company, Ltd.— non-cum. Co (quar.) A 5% 9- 9-12 18 %c Inc (York, preferred A Bush Electric preferred Class 1 Ohio $2.00 Class — 10-15 7 87'/2c 6-29 9- Burlington Steel Co., Ltd Burns 8 $$2 7-31 common Ltd. 6- (Ohio) 3 2 Vac Products, Building (quar.) Inc. (quar.) Insurance Co Edison National $2c (quar.) 7-15 $35c common Community Frosted Foods 1st partic. preferred 90c (quar.) preferred 7-10 Class Participating 6% (quar.) Lid.__ (quar.). Hotel, preferred (quar.) A 1 10c Louis Mines, Co., Life Hotel Ltd class 7- 8- $1.75 (quar.) St. 7- $1.25 Finance Plan, Participating pid. — Light & Power— preferred (quar.) 50c Budget 7-20 1 8C Co of $1.90 $40c Incubator, Commodore Consolidated Co. Mines, 7-20 7-31 8- 30c is-a»_ 6-29 Corp.— Company $3.60 7-31 Co. (irreg.) $2.04 (quar.) Shoe $1 25C (quar.) 3 Brooklyn Telegraph & Messenger Co. Quarterly Porcupine 6-30 $1.75 7- (s-a) Broulan 7-15 87 Vac (quar.) Quarterly 7-15 Power 7-15 $1 pfd. RR $$1 Forest Products, 7-15 1 $35c Confederation Liie Co., Ltd.— Columbia (quar.)__ 1 8- 14c 1947) 8- Connecticut (quar.)_ Columbia 6-26 7- 5c 56 '/4C 1 50c 7-15 7-10 7 50c $$1.19 preference Cu¬ <5 7-15 Ltd.— (quar.) 5% 1 Les6 Quarterly Conduits British 1 7- Ltd.— Southern 7-15 lOd Columbia Electric Ry. Brown & 40c (quar.)_ $25c $$0.234375 (final) Co., 9- 6-28 1946) 7% System, $25c 93%c lOd Electric preferred 9-15 Semi-annual 7-21 (quar.) Co. & 4 7- 3 (quar.) American registered Motor 7- preferred 1 3- with this paymejnt American Ordinary A Mutual Ltd.— (final) bearer Brockway Gas Columbus 7-17 (quar.) Telephone 7% 7- 50c being American — (quar.) Oidinary 6-20 7- $1.25 Fire Telephone preferred 9 97V2c Co., Sugar Refining, preferred preferred British-American Tobacco, preferred Columbia 10-14 25c — stock (quar.) British-American Oil Co., Ltd., com. Columbia 7-15 1 9- 6-30 7-10 Combustion-Engineering-Superheater. Co., Ltd. (interim) 3%% preferred (quar.)— & 1 $1.25 Co. Company basis beginning 7% 40c — quarterly News Common 6-15 $1.12 V2 National Hydraulic G.) )T. 1 8- Ltd. 7-15 7-15 (quar.) (quar.)— Quarterly American Power Co., 7-15 $2 Gold Co., 11- Vancouver, Ltd.— 7 7-31 30c Common (quar.) Colgate-Palmolive-Peet $3.50 7 7- 25c (quar.i Willans Plow Common 11- $25c Bright 10-14 2 7- 15c Co. quar. >_______ common Products Molasses American 12-20 7-20 75c com. Corp. Company, Metal Increased 1-1-51 75c (quar.) Metal of (irreg.) Bristol-Myers Co. Class 7-15 6- 45c common of Products $$1.50 Light & (quar.) Distillers Common 4% 1 Oil Works, tlOc ___ Traction, & 43/4% 8- 3 7-31 (quar.)__ (quar. of Bottling Cockshutt 7- 7-31 (resumed) A.) 3'/2% common $10c (quar.)__ preferred British Cochenour 7-15 (S. Mahoning Ry. Water 3 6-30 6-26 2 37 y2c (s-a) Co., Aluminum 7- 7-17 7-21 Roofing Co., Ltd.— Brazilian British preferred American Ltd Club Coca-Cola 6- 25c Co. Corp., Manufacturing 9 25c (quar.) (initial quar.) A 3%% 8-25 3 25c (quar.) 12- $25c (quar.) Foundry Co. Maize-Products preferred Clinton 8-15 37!/2C (quar.) Trust (initial quar.) B (quar.) American-Marietta 8-10 25c $25c $37V2c (irreg.) Derrick & & Clearfield & A % 6-36 7- $20c (increased) preferred Stores Class $1.25 Co. Hoist Machine 7-12 $10c Corporation Class — common Home preferred 1 3-1 133,4C American 3.90 % 8- 9-8 $1.75 American American 25c Boston Brantford (quar.) Board Clarostat Bralornc $25c Corp., preferred American 6-25 6-28 7-1 (quar.)_ (increased 1 6-30 125c $70c 75c Co. 7- 1 7 7-15 50c Inter-Terminal 62'/2c 7-10 6% 4% City 8-22 7-1 6" Quarterly 8- al5% 1 6- 3 (quar.) Cotton 8-15 9-30 (quar.) com. Chtckasha 7-15 12-15 8- 3 7- 25C Corp. 25c $1.50 Brewers 6 $0.0204 $1.50 +12'3c $31V2C — Inc., 6-30 (quar.) — 7- 50c 2.9c (series 7-15 (quar.) Mines, preferred 6-30 preterred Property 12 V2 % 12 V2% (increased) Inc. 7-15 preferred 2 Fund, Chicago 6% Borg (George W.) (interim) Co. preferred 7- 6% Personal 4% of tax Investment convertible 7-25 9-15 50c dividend Store 4V2 % Chesapeake & Ohio Ry., 2 6-23 Co., 10-20 (quar.) Co. 9-25 10- 6-30 Ltd.— Insurance Co. Eosch 7-21 9-15 30c Book Ameri'can 7-14 10- 2 10- Quarterly American 6-26 $1 25c iquar.) Alliance 7 7-31 7- $1 $2.50 Co., Chain 9 Cincinnati . British Corp. ban 9 2- 25c __________ 8-31 (E. 1 t50c Power Sugar Chrysler Corp. 9- 7 9 11- preferred— conv. 25c 1 8- 1 for 20c $1.25 (quar.) & $10c r redemption on July 15 at $10.50 per share plus this dividend Convertible into common stock to July 5th. Blauncr's (Phila.), common (quar.) 5% preferred (quar.) (quar.) preferred American .__ (quar.) issue 11- (quar.) Products $25c common Bingham-Herbrand, 5% Entire 1 7-31 7-14 Class 9- 12- 3-1-51 $3 25c 7-25 25c Canada, Filter Violeta 7-25 (quar.) preferred Steel 1 (accum.)_; par) com. Petroleum American 7% of Light Ohio 8-10 , Co. Ohio Central 8-10 Portland Cement Co Aluminum Central 37V2c $1.06V4 (s-a) Corp., 5-31 5-31 (quar,) . Semi-annual Stores 7-20 3 3 40c I (s-a) (quar.) Ltd., 7-10 $1 (quar.) $$1.75 7- 7-13 Hats, 6-23 1 (quar.) Central Securities Co., common Foods. Inc. (quar.) Biltmore 6-10 3 8- Corp., common (quar.)___ preferred (quar.) 7- 7-27 Stores 3 7- (quar.) common $$1.75 Inc. Corp.,' $6 preferred Shoe 7- (interim) ordinary ordinary preferred Knitting Co.. Ltd Central Aguirre Sugar Co. Central Cold Storage Co 25c Allegheny & Western Ry. Co. Allied 5% !___ ($25 pari (accum.)__ Youngstown RR.— & Celotex 6-15 50c preferred preferred 7-15 Best — ($10 7-10 1 3 1 (quar.) B 4% Cherry-Burrell Corp.— 4% preferred (series Bendix 6-17 9-19 50c preferred $$1.50 (quar.) 7-15 10-15 Ltd.— Celtic Canada 2 1 common—;. A receipts Chemical Refineries, Ltd.— Corp. receipts 7- 7- Corp. dep. Corp., 7-21 1 7- 10c Light, Co., 4% dep. Amer. 8- 7-15 (quar.) Amer. Cassidy's, Ltd., 7% preferred 8- 2 8-10 $37'/2C & 6-15 Corp.— preferred 6-30 75c 7- at Company Power Paper 7-14 7-20 8-15 8-10 Ltd.— Carrier 1 1 Co., Ltd. Boxes, 7-15 8-21 approval (quar.) & Carreras, 6-30 40c dividend). A Carolina 7- 8- 9- $10c Wlrebound 45c — (stock Class Carman 6-19 $1.50 $25c $10c Canadian 7-20 25c quarterly Foods 1 Lumber $50c of to Quarterly 15c Co. _ Ltd.— meeting of stockholder... Canadian Western 7-15 Bessemer — subject 15c Telephone (initial) com. $$1 payments annual 7-15 7 8- new Manufacturers, 15c Bell $$1.12 Va $$1 $20c (quar.) Bridgeport Manufacturing Increased 9-12 7- Share Inc 5V2% 1 7-17 week, these Air-Way Electric Appliance Corp Airline 10- Beneficial — Ltd., Quarterly 7-15 1 .— this Corp. 7 8-11 Berland .__— Vickers, 7-15 1 (s-a) Ltd.— >6-23 Inc.— —i__ Participating Addressograph-Multigraph Affiliated 7-20 7- 3 (quar. )_^_~_ pref. 1 9- 6J (quar.) partic. 8- __ B 7-14 — - 6-29 (Both 9-20 — 6-30 iquar.) (quar.) 6-21 1 $1 (quar.) Co 1 7-15 Class 8c (quar.)__— 8- pfd. Co.— preferred 6-15 $1.12Va pfd. 2% Ry. 7-20 5c (reduced) Apartments, 9 1 6-30 6-30 9 3 7- 7-31 $$1.75 9 7- 1 6-20 6- 8- 7-15 3 3 Refractories, 1st 6-30 7- $ 20c common 8% preference non-cum. 4Vfe% 1 7-15 $50c (s-a) A 75c — ~ 4% 5-31 7- Class 7-31 6- $$1 5 9- 5-31 3 (quar.) 7- 6-23 3 7- 6-16 1 6 7- $50c 6- 8- 7- 3 6- Canadian 6-15 6-20 7- 3 Canadian Wallpaper 6-15 6-30 7- 3 7- 5 6 7-15 $$1.25 7- 3 11-15 (quar.) 6-22 3 12-15 3 1 7- 6- 2 $70c 7-15 7-15 7- «- 2 3 7- 8- 7- 3 7- $$2 Pacific Canadian Ltd., Ltd., Quarterly Per Class 7-15 25c common (.increased) Petroleum 7-15 6-30 6-10 7- $22 V2C (quar.) Cos., i0c Ltd. 6-30 ,_ & Co., ordinary (interim) Acadia-Atlantic Sugar 1 1 Oil Ltd.— Ltd. (Winnipeg) Hardware & Manufacturing Quarterly Cuba- of of Company Aberdeen 88- 40c 50c (increased) 8- 7-10 preceding table. Name preferred $$1.75 Co._ Corp. 10c (quar.) announced 4% preferred Carpenter 30c Co. 5-23 Below we give the dividends announced in prevloui weeks and not yet paid. The list does not include divi¬ dends 6-20 Belknap (quar.)—— preferred 7-10 83/»c 6-30 $1.20 common preferred Corp.— 7-15 Manufacturing Co.__: preferred 5% $1.05 (quar.) Class 5% 12-15 15c 1 Class Zeller's, 1-2-51 $1.50 (quar.) common 25c Co.__—— Co. preferred (quar.) Works, (s-a) Baystate materials) (quar.)* Mfg. (F. W.) Steel Towne & Locomotive 7%_ preferred Beatty Brothers, /__ Co. Inc. Cement Woolworth Yale Company, 6% Baldwin $3 prior preferred (quar.)__ Belding-Corticelli, Ltd., com. (quar.) 7%'" preferred iquar.) preferred RR. Canadian $15c (quar.) 6-30 Co Telephone, Canadian 9-15 12V2c A 6-30 class A common Pacific class (quar.) 7-15 1 resumed)___ $5 6-15 1 30c (quar.) 7-15 (quar.)_— Co., Corp., preference 7-24 (quar.) Engineering prior 50c Light Co., Gas preferred preferred Welsbach West Co. 7-15 Indemnity Industries, 10c (initial) common 50c (increased 1 Company Co. (construction Swasey Canadian 25c 6-28 (resumed) Walworth & 12-18 1 6-10 3 $$1.12 »/2 Corp., Investments. 17V2C preferred (quar.) Extra 6-28 Corp. Warner 12-23 8- 6-10 3 Ltd.— (quar.) 93%c 75c Warner General tlOc 1 Co.____—_. (quar.)_____—___ Corp. (irreg.) Iron & Canadian 10- 3 7- 8 (Winnipeg)— Investment $1 (quar.) 7- 3 Sugar Investing 12-18 Canadian (quar.) Co., Ltd., 1 ——__ Electric B Welt Co. 7- 50c Street 12-23 25c B 7- Quarterly Wagner Foreign 30c A Inc._____ Co. Food Sea preference Canadian 22'/2c (quar.) preferred 102,3C Co Lens Fabrics Class U>/2c (s-a) Vertientes-Camaguey 4Vs- % 9-23 $2.50 regis— for ord Investment <fc Corp. Camp Auto 36V.»c — $4.25 8-31 3 Products, 20c (s-a) Co. 4% convertible Beaux-Arts Extra $4.50 8-15 Co., Ltd.— Distributors, Realty S. Wall 7-10 1 9-30 divi¬ common... deposit receipts U. Electric Nichols & Co., Backstay Basin Products Molasses Univis 9 9- basis. Milk United 3- 35c iquar.i participating preferred._____; United Van 50c $1.25 (quar.)__ preferred Co. Improvement Common United California of United 1 8- 77- $25c Co. (quar.) 7V2C Industries preferred Baldwin (quar.) (quar.) $3.70 Union Picture preferred $1.20 of Missouri— preferred preferred rion-cum. Austin, 7-15 (Detroit) Corp. 9- Food A 9-30 $1.12Va (quar.) Telephone Ltd., 4'/2% pfd. (quar. ) (1947 series) (quar.) 7- 8 preferred preferred 7-12 7- Class Insurance $3 Associated 6-30 6-30 Canadian 5-31 AtchisoQ, Topeka & Santa Fe Ry. Co.— 7-15 8-31 6-28 7 Fire Semi-annual $1 Motion 5 6% Canadian 7- 25c $31V4C $$1.50 Fairbanks-Morse, Ltd.— preferred (quar.) $1 Refining, 7-15 1-20 6-28 (irreg.) com. 7-10 Canadian 7-28 $$1 (quar.) common Associated City 9-15 Ltd._ (quar.) 3.75% 7-31 10-21 preferred Atlantic $1.12V2 1 Dredge & Dock, Ltd., 1 $70c (quar.) common 7-10 8- $30c Ltd., (quar.) 6- 1 $15c (quar.)__ (quar.) 3 8- $$1.25 I 6-28 7- $31c common pref. 1 $$1.25 pfd 8- $10c Ltd., conv. preferred 7-10 R^«>nv Atlantic $1 —___ 11- Holderj Payable of Rec. $40c Canners, non-cum. 6% 49 $$1.50 Ltd., common (quar.) Participating Canadian Cottons, 7% 7 30c _ 7-21 7V2c 6-15 50c Corp., common.. preference (quar. I 1 (quar.) 5% Canadian Canadian 8- preferred 7- 1 6 Bronze, preferred 10c Corp., 4'/2% 7-23 8- 7- Mfg., 6-25-51 62'2c — Temper 4Vfe% 220 (accunt.i 6-29 7-15 $1.50 6%;„conv. 5% 5% $25c Atlas Thrift Plan, 7% preferred Transamerica Steel Armco 70c (quar.)_ 40c (s-a) 50c — Securities Corp.— $1.75 Co. 6-26 7-10 (initial) com. (quar.) 50c —__—_______ Co Manufacturing 7- 5 10 shares held__ new Development Co., Mills, 17V2c ___, Edison Towle 6-26 60c Ltd. preferred 7-14 5 com¬ Inc. Cotton AriKratt (Cleveland) Co. 7- 6 dividend) Mines Inc Angio-Newtoundland Semi-annual Canadian $1.50 1-31-51 5 5^ Canada 7- $1.50 5 19491 7-13 1 (quar.) Common year 1 (quar.) 8- Power, 6% 2nd preferred (quar.)__ Refrigerating & Warehousing Corp. Telluride (stock Canada 9- When Share Ry. Co. (s-a) Steamship Lines, Ltd., 5% 75c $2.25 (s-a) of Company Southern 8- preferred 8- <quar.i___ Canada preferred 8-15 _________ 6-15 6% 8-15 Co.— 3 10c (quar.) Company, Per Name 7- 6% Angerman Holder$ Products, Inc.— preferred 35c . Ltd. Montan 31 '/4c common— (quar.) Special Swedish Match Class iquar. h , Mines, of stock for each mon 9- 60c Lead share $1 f Corp Stonega Coke & Coal Co., Inc.____. Strathmore On When Payable of Rec. $1.25 31'Ac pld. A Co., 4% 25c $5 prior preferred (quar.) Telephone Co.— (quar.; Works Container Share 6-15 preferred E (quar.)______ Stanley Stone Company : Springfield City Water, 7% Standard Steel Spring Per Name of 6-30 (quarJ Associated Holders 50c Roofing preferred conv. When Payable of Rec. common (quar.) States Southwestern $2.20 Share (49) 11-15 11- 25c 7-20 7- $i.i2ya 10-20 50c 9-18 50c 12-18 9-19 6 9 9-19 9- 6 12- 6 50 The Commercial and Financial Chronicle (50) Per Name of Refining Danciger Oil Davidson Brothers, & pref. 7-10 10c 7-21 —15c 50c General 7- 3 6-26 — Co., common class A General $2c 10- 2 Denver Union Detroit & Detroit Edison Detroit, Stock River Diamond Tunnel Match Diocesan $1.50 (s-a)— -Dome Co class Dominion 5% (quar.) Corset 6-30 5 Ltd. Co.. Ltd., Dairies, 6-20 Oilcloth & Square Stock 11-15 11- 6 Stock dividend 7-15 7- 7 1-15-51 1- 2 7-10 Common 7% 1 7-14 $4.50 7 6-22 Glatfelter 1 7-id 4Va% 7-31 6-30 9- 1 8-15 7- $12V2c $44c 7-15 6-30 Government Great Southern West Life Assurance Co. 7-15 6-15 Great 8-15 7-14 Great (increased) 7-15 7- 1 SI 7-15 7- 1 8IV4C 20c 7-15 7- 1 7-15 7-5 $1.12V2 87V2c (quar.) 7-25 7-10 — ;____ (quar.) common (quar.)—. Co., Ltd.— — Corp. Nut of Emerson Radio & New common & Heating Esmond Esfeabrooks 4.16% (T. H.) •Eversharp, Traders Federal Fire Insurance 6% 6-15 Harding 7- 3 7-25 7-15 8-25 8-15 Harrisburg Gas Co., 8- 7-15 Harrisburg Railways preferred Life Co. of Canada 7-15 7- 7- 1 7 €-23 7-25 6-30 of (Phiia.) In 5% Co. 6-30 3 6-16 9- 1 8-11 12- 1 11-10 8- 1 7-10 7-15 6-ie Higbee 1 7-15 7- 3 6-30 Mlg. .— 57® Inc. 6-30 Holt 7-15 6-30 $1 non-cumulative class A non-cumulative class A 7-28 7- 7 Home 7-28 7- 7 Household Bay 7-15 6-30 Hunt's, Ltd., 7-21 7- HuroD 1 7-17 7 6-30 7- 7 6-23 7- 7 6-23 6% 7- 3 6-16 5% 5 preferred $20 1 9- 1 8-21 2 9-15 Illinois Central Illinois Power j35c 7-21 6-30 $50c 7-24 6-30 7- 6-15 6 25c (quar.).. 7-31 7-14 55c com. 7-31 7-14 25c 8- 1 7-20 $1 : 8- 1 7-20 Common Manufacturing Co 10- 2 9-18 2 V2c 1-2-51 12-13 25c 1 7-11 6-21 American Oil 9-11 12*0 $4 . 30c 30c _ Light Co., common 7-15 8-21 12- 1 6-30 dividend 100% 10-15 10- 1 American $1.06 V4 General Baking Co.. common. preferred (quar.)— 15c $2 Co General Finance 60c 8- I 6-23 8-1 7-17 10- 2 9-18 7-25 6-16 5% preferred 4% convertible A (s-a) preferred Corp., com. preferred (quar.) preferred (increased quar.i ... Industrial Industrial 47® Silica, 7-25' 1 7-14 8-13 7-25 8-15 7-2» 7-14 6-30 Lion 9-15 8-29 Lit 8- 1 1 7- 5 7- 3 7-15 fl-30 9-29 7-18 6-30 8- 1 7- 8% 67® Coal preferred International (quar.) 7-15 7-15 preferred 1$1 9-11 general Investors Trust (Boston) 6c 7-20 6-30 (s-a) 7- 30c 3 —— (accum.) 8- 1 93V,c __ $125 88- 1 1 7-10 7-10 7% 7% 3 6-30 9-15 9- 7-12 6-30 7-15 6-30 1 8- 1 7-24 11- 1 10-24 7-10 6-30 $1.25 7-10 6-30 50c 7-15 6-30* ; 25c 7-25 7-11 50c 9- 9 8-22 50c 12- 9 11-21 ^ Railroad- (quar.) (quar.) stock 50c 3-10-51 2-20 stock $1.10 9- 9 8-22 original stock $1.10 12- 9 11-21 original stock $1.00 3-10-51 2-20 Schuykill Navigation RR. & Coal Co. 75c 7-15 $1 7-31 7-21 $1 8-31 8-21 $1 9-30 9-20 8- 9-30 88- 1 1 $3 7-15 9- 5% 1 1 7-10 8- 1 6-20 130c 25c 7- 3 7-31 6-28 6-21 10c 8- 1 7- 7 40c 7-15 7- 3 8- 1 7-14 1 7-14 9- 9 8-30 5c 17c 8- 7- 3 6-15 7-31 6-30 $1.50 7-15 6-30* 7- 3 6-19 1$1 7- 3 6-30 1$4 (s-a) common Powders, 7- 3 6-30 Ltd.— 137V2c (quar.) 7-15 6-14 35c 7-15 6-15 175c com. 8-15 7-14 150c 7- 3 6- 9 151.12Va Milling Co., Ltd.— preferred A (quar.) preferred ($100 pari (quar.) preferred ($5 par) (quar.) (quar.) pfd. 15c 62 72c 7-17 10- 6-30 9-20 1-2-51 12-20 6272c Electric, 1 6 212 C (quar.) 4-1-51 3-20 45c 7-15 par) (quar.i $1.25 7-15 6-30 preferred ($25 pari (quar.) 31 7»c 7-15 6-30 Adams Factors preferred conv. Luzerne M.) preferred & (quar.) com, (quar.) (quar.) 8- 7-14 1 50c 7-15 7-15 6-30* 20c 7-15 6-30 6-30 13 3/4 c Bond Manufacturers 7-15 6-30 7-31 7-15 1 Fund, Insurance Co. 3- 4 7-14 7- 3 8'2c Inc.____ 8-15 25% __, 7-15 7- 5 7- 3 6-23 6-19 (Toronto) Semi-annual Leaf 6-30 6-13 25c dividend Manufacturers'Life Maple 6 7-15 +$1.25 Ltd. (quar.) Co. Stock 7- $1.50 common i Corporation, preferred Maltine $1.0674 Co., (quar.) preferred 57® J25c Electric— Mading Drug Stores Co., Mailman 6c Ltd Co.. Forbes preferred 6-30 Corp.— County Gas & 6% (quar.) (quar.) (W'alter 4V4% common $$7.50 Trust Co. Gardens, (N. Y.) (quar.) 60c 7-15 $25c Ltd 7-17 7- 62!2C 7-15 6-30 3 Marchant Calculating Machine Co.— Increased quarterly Maritime Telephone & Telegraph, (quar.)_ Realization, common Martin-Parry Corp. 7% common.. preferred Investors Massawippl Valley RR. preferred (1947 preferred series) (quar.) McAleer Mfg. Co., 57® preferred (quar.) McColl-Frontenac Oil Co., Ltd.— preferred 5 6-20 7-25 6-30 8- 7- 1 1 (quar.) 20c 7-15 6-30 75c 9- 1 8-15 9- 1 8-15 937.C 9- 1 85c (quar.) 47c 7- 37c 6-20 6-20 11-13 933ic (quar.) preferred 1 $3 Max Factor & Co., class A (quar.) May Department Stores, common (quar.) $3.40 12- 25c Trust____ $3.75 7-15 7-15 6c (s-a) $3.75 +20c $17 lie 9- 1 8-15 127,0 7- 3 6-15 6-30 8-15 7- 3 6-9 t$l 7-15 :$i 7-20 (quar.) 50c 7- 3 Common (quar.) 50c 10- 2 9-13 Common (quar.) 50c 1-2-51 12-19 Common (quar.) preferred (quar.) Canada, 6-28 Common Industries, Ltd.— of Co. 5% (quar.) & Massachusetts America 9-22 12-22 ($100 6% 7 8- 2 7-14 preferred Lowell 6-29 8- Co. (quar.) Lowne.v 6-30 7-10 Watch Dock preferred Gas 10- 1-1.-51 5% 6-30 3c (s-a) Ltd., & $1 10c' 5% 9 20 8- $1 ' (quar.) Corp preferred Louisville 12-20 1 (quar.) oreferred Coal 6-12 Company preferred 5% 1 12-30 Pipe Candy Lorain 1 9- Joint Longines-Wittnauer 7-20 8-15 9-13 1$1 Co. 7- 7-31 quar.) Mar-Tex (quar.) Nickel 7-1-4 7-20 original 8% 6-15 Ltd.— Ltd 4% Miami 8% 6-15 7- 3 15c common— common International 1 1 8- Common 6-15 Ltd.— Holdings. 4V2% 7-15 377aC (quar.) (quar.) Company (increased Manhattan (quar.)— Co., Co., A 8- 3 7 lac Common 8-11 7- 3 125c pfd. preferred Tool Harvester Class 967, c Co.— Semi-annual 6-30* 55c — Corp. Co., 5 4 6-15 (Fort (quar.) Lock 6-30* 7-15 55c (s-a) Bronze 8- 11- 7-15 30c Telegraph Brothers Little 6-20* Insuranshares Certificates, Inc. (Maryland)— Intercolonial Co. preferred 55c — North 8-15 11-15 J4c $4.30 1 933/4c 12c pfd.— ron-cum. (quar.) of 3 $4.30 Corp.— Group shares Co. 6-26 $4.30 125c 12V2c preferred Insurance 7 6-I0 30c MacAndrev/s Co Institutional Securities, 7- 15c Insurance Special 5-31 10-15 Life Special stock 6-17 6-26 75% (quar.) Special stock 7-14 7 45c quar.) Corp. Telephone & Common 7-15 8- 7- 7- {15c dividend National Oil 7-14 $1.1272 Quarterly 1 12V2c 15c (quar.) (initial common 5% 7- 25c Quarterly 7-18 7- International General 6-23 7-14 8- $1.25 67 & International Metal 7-10' Lincoln 7- 3 7-25 Corp.— 6V2% Machine International it Lima-Hamilton $1.25 — 11-10 8- 6-24 50c Extra 11-10 8-15 7-10 125c Brownhoist 11-25 60c 45c 125c Products 11-25 87V2c 5 5 7-15 (quar.) Brothers, Ltd., common Lily-Tulip Cup Corp.— 7- 56y4c (initial) Canada, Ltd.— $1 (s-ail Motors Corp.— $3 75 preferred iquar.) $5 preferred (quar.) (quar.) Investors Steel Indiana preferred 6-27 115c : 47® preferred (quar.)——— Imperialle Fuels, Ltd., 67® partic. Incorporated Stores 7- 7-28 (quar.) Lewis 125c 3 6-15 25c (James) Stock 3 30c Co Co., Ltd & Sons, 3.85% pfd. (quar.)_ Corp., com. (reduced quar.)_ 7-15 1$1.25 common common 25c _ C Ltd.— Corp International Corp.— General Foods 4.087® Co. 7- $1.50 RR. common Oil 7-15 115c Co., s-at Semi-annual Transportation Corp.— $4.25 preferred series A (quar.) Electric & Smelting (increased RR., Machine 9-30 12-27 I 5c Ishpeming Delaware, preferred 7-15 60c — (quar.) Co., prior New 8-30 10-10 1- 10-51 25c (quar.) & of 25c Imperial Tobacco Co. of Insurance (Texas) 5 . Ingersoll (quar.) 7- Co. Corp. 4 V2 % Loft Indianapolis Power & Light Co., 2V2c 7-15 50c Hytron Radio Electronics 6% conv. preferred- 10- 3234c 25c 80c (s-a) B Gas Lees 8-21 (increased) $2.75 __ 7-18 7-10 $2 5c Quarterly 6-30 7-14 University— Ltd Superior Leduc-West 11-20 & Door Co.. preferred (quar.) preferred (quar.) 37V2c (quar.) 1 1 10c Laclede Landis 8- 10c (John), Lake b 7-15 8- 31v4c ioc Labatt 6% 9- 1 Refrigerator Co., preferred 6-15 12-20 6-22 12- 1 quir.)___ Mortgage 7-15 12-28 7-17 25c Huttig Sash Preferred par $1.12 Va 15c 25c (quar.)—: A 8-10 (quar.)__ Lamson (quar.) Y.) (s-a) (initial) class 1 A Mfg. Co.— preferred (quar.) Quarterly Quarterly Quarterly Corp.— Mining Erie Common Company (Irregular) preferred (N. 9- preferred conv. 6-30 (quar.) Hydro-Electric Securities $.L to , (increased s-a) B & $2.25 7-20 $20 equivalent (quar.) preferred preferred Hussmann 7- & Gardner Electric 33/i% 4% Class — (quar.)— A 7-13 $1 Ltd.. common (irreg.) class 9- 7-31 6-23 (quar.) (increased 9-20 3 Co. Finance 12-20 Mfg., La Salle Extension & Company Insurance Common 9-20 Common 7-15 7- 9 1 Plant-Choate 7-20 25c (quar.) Quarterly Corp. 10- 9-20 10-20 50c Hlnes 9-20 Radio 3714c 9-26 7-15 50c 8-11 2 (Henry) (quar.) $1.12 V2 8- 1 $1.25 ____ — Lumber 9- (quar.) 11- 1 25c e-ia (Edward) 9-20 A $1.12 Va 20c 1 8-15 10c preferred Little 10- 10- 6-30 7-14 1 3-20 25c 7-15 Hudson (quar..)__; B.) 6 6-15 Co, Co., common (quar. 1 preferred (quar.) 6-30 7-15 8- 8-15 53 Vac 56V4c & 7-15 $1 8-25 Lincoln 1 Inc.— Malting, 7- 7- 3 35c (quar.i____ Bartlett 50c 1-2-51 5c common Co Hewitt-Robins, quar.) (quar.) 4-1-51 25c ______ (quar.) preferred A (quar.) preferred B (quar.) Hettrick 7-10 15c 21 'Ac (quar.)______ 8- 65c (Robert) Co., Inc.— 6% preferred (quar.i ., (quar.) B Higbie Manufacturing Co.—— Highland-Bell, Ltd. Hinde & Dauch Paper Co. of Canada, Ltd.— Quarterly Galr $3.50 4y47® 1 37 !4c 20c Hibbard, Spencer Montnly 8- preferred Products, 8- 37 V2c Lerner preferred A (quar.)__ Hershey Chocolate Corp.— $1 Canada. Ltd. & 7-20 37Y2c 77® $1 conv, of Grain Brush, General Steel 6-26 (quar.)_. 5% 8 $1.12ya (quar.) 7 (quar.i_ 115c Company, common (quar.)—__ Paper Products, Ltd. (quar.)— 65c iquar.l Fuller $8 __ (quar.) Inc. 5 7- 6-24 preferred $1.37ya (H. J.) 25c (quar.) (quar.) dividend Company Stock Heinz Hendershot 7-31 62V2C common America, preferred General C D Industries, 7- $1.06V» : Companies, General (quar.) <quar.)_— (quar.) preferred preferred 5 7- $1 preferred $1.37Va $1.50 Fort Wayne & Jackson RR., 5V2% pfd. (s-ai Foster-Wheeler Corp., 6% prior ufd. (quar.) 6% pfd. pfd. $1 Y.) stock) j 4V2% 5% Hayes 7- 7-31 4V2% J 7- Lithographing Cc.— Hoffman Co (stock 11- 7- 15c Y.) 1 7-15 6-23* 45c <N. Rubber (N. 12- 60c 120c (quar.)__ 7-15 9-29 6 7-31 preferred V'La 1 7-15 t$l (s-a) _ Co. Bank 8- 6-22 7-14 7- 15c $1.50 6-23 35c A 1 6- 6-30 6-30 Company— $1.50 6-30 9- 7- 3 Co. (quar.i Insurance & 7-15 135c 7- 6 7-31 (increased com. Kroehler 7- 6 7-15 1 7-14 25c -10-14. Corp., (initial 6-15 75c 57® com.__ 1 (quar.) Electric, Co., 7-15 (s-a) preferred 6-30 6 1 4Va % (quar.i preferred 6 79 Is c & Supply (quar.) Refining Co. (quar.) 8- Hat conv. 7- 7- 35c Switchboard preferred Knudsen Creamery Co., 60c preferred iquar.) Kress ,(S. H.) & Company (quar.)___ 6-23* 6% 6-30 $1.50 50c com.__ 7-17 6-22 4y2% 8-15 7-15 $1.25 Corp., 1 7-15 5 3-15 1 Extra Co. Company, Ltd $3 preferred 1 9- $1.50 Steel 7- 3 7-10 Battery Structural 8- 175c Corp. of America, common 9- (quar.) 6-15 $3 : Company 5'/2% preferred 6-30 Ry.— 50c (quar.) Ltd 75c Corp., First National Common (A.) 7- 7-15 Co.— (quar.) Southern City 6-30 7-15 95c Light 7-20 $1.50 $1.75 (quar.).. (accum.) Tire Boston 8- Hart 1S2 (s-a» Insurance & Trust Co. Fireman's Fund AA $5c (quar.) Carpets, 6-30 +20c 37'/2c (s-a» preferred 7-11 8-30 $1 & Kingan & Co., 4% preferred Kingsburg Cotton Oil Co. (quar.) 4V'2% 25c (Toronto) Hundred Walnut St. Corp. (D. 7-15 75c $1.50 6-30 3 125c (quar.)— Corp. preferred Class 1 ___ 135c 7-15 126c preferred Quarterly Fuller 6-10 Co., $2.40 preferred $1.25 (resumed). Fidelity & Deposit Co. of Maryland (quar.),. Fidelity-Phenix Fire Insurance Co. (N. Y.I— Fuller 7- 3 (quar.) 50c Ferro-Enamel $2.20 $1.75 Harbison-Walker 150c (quar.i Federation Bank Froedtert 6-20 6-10 .___. 7- City King-Seeley 7- 3 7- 3 Refractories 1 2 7-20 (quar.) preferred 5% — Halle Brothers Common 8- 10- $1.50 preferred, (quar.): Kellogg Company (increased) 1 30c Y.) (accum.) 15c Ltd Department Stores, Inc.— Common (quar.) 4V»% conv. preferred (quar.) Eresnillo (Winnipeg) (quar.) (N. $1 20c $1 Keyes Fibre, $3 class A 7- Finance Corp. (Wash., D. C.i preferred Foundation 1 6-15 Federated payable 12- — Hercules (quar.) Mills 12-10 7-18 $1 Corp. Insurance Co. federal Services Common 40c 7-17 75c common 'Federal Class common Co., $2.50 & Firestone Kendall 7-20 30c (quar.)—. Quarterly Common 7 1 preferred $1.25 P»ber, Coe & Gregg, 7% Partners 9- 8- 15c Insurance Co. 9-15 Gypsum Lime & Alabastine of Canada, Ltd. Common (quar.) $$25 (quar.) Inc., Excelsior Life 15c Power preferred Kellogg 6-22 Co., Ltd.— preferred . City preferred Kansas Realty Co. of Canada— Hawaiian (quar.) 5% 6-20 6-22 4V2% Ltd., 8-15 7-14 Kansas Y.)— 7-11 Co. 5-31 20c (quar.) 6% 7-11 Havana (quar.) A Mills, Kansas 6-30 8- 12% $25c Building 7- 3 7-20 6-19 25c (quar.i. 25c- Products. A 4% Guardian Erie Railroad Co.— preferred preferred 6-30 60c Empire Trust Co. <N. Y.) (quar.) Emsco Derrick & Equipment— 4% preferred (quar.) Equitable. Office 7-10 Hartman Tobacco, Empire Brass Mfg. Co., Ltd.— $1 class A (quar.) Ehaamel 11-25 9-20 Phonograph— $1 class A (quar.) Empire Millwork Corp Empire Southern Gas Co. 12-15 9-29 Trust 7-13 10c 3.30% $$5 Brewery 5-31 1 (quar.) Inc. 6% pfd. (quar.)__ Publishing Co. of Ottawa, Ltd.— Quarterly Kirsch preferred 3 8- Extra 4% 70c (initial quar.) d, 7-15 50c - Fui 8-25 Guaranty 5y2% Mutual 9-15 preferred (quar.) Ltd. (quar.) 15c (quar.) — Eraser Western conv. Harris preferred, series A Refining (quar.) Oil t25c Wire Co., (B.) 15c Boat Co.. $2 conv. preferred Ely- & Walker Dry Goods Co. 7% 1st preferred (s-ai : 6% 2nd preferred (s-a) Flour 5% 2nd (s-ai_ Griess-Pfleger Tanning Co. 1 4% Johnston 3 7- 9334c (quar.) Johnson— 7-14 $1.50 America Eleotric 7-10 & pfd. 7- X+S1.75 334% 6-25 7-10 6-15 Jobnson 7-15 $25c Company, 7- 3 (quar.)___ non-cumulative 6% Tea 8- 1 7-31 25c $1.25 L~. (monthly)— 7-10 common— Co., 15c Co. Jewel Ltd.— Co., (quar.) (quar.)_ A (quar.) 15c Monthly Elastic Stop 1 Service (quar.) preference 10c a3% Extra Edgewater Steel First Sugar preferred Greening 10-19 25c 50c 8-18 1$1 15c 7- 1 1 Joplin Water Works. 8 1 8- 7-25 11- 7-19 Journal 9- a - — ... 7% Greenfield Gas Light— 7% registered 3 8- 25c 6-26 7-25 30c $1.12 Common 7- — Griesedieck de Nemours & Co.— 6-30 7-25 10-19 6-15 (N. Insurance Life Western 7% Public 7-20 1 7-13 1 Participating 7-25 $1.25 1 6-12 Quarterly com. 8 1 56'Ac 6- 5 $$1.12V2 60c 7- 1 8- 3 Quarterly Engineering 6-30 8- 3 com. Co. Insurance 6-15 7-15 11- 7- (quar.) 3 Duplan Corp. (s-ai Duquesne Light Co., 5% 1st pfd. (quar.)— Pennsylvania PR. Co. (s-ai__ Eastern Bakeries, Ltd., preferred (quar.)___ Easy Washing Machine. Ltd. (quar.) $3 preferred American Great 7-15 Island— 25c 7-15 : 7- preferred Fifteen $2.25 $75c (quar.i I 37V,c 20c Gray Drug Stores (quar.) Grayson-Robinson Stores, Int.; Inc 9-15 37V,c 25c 7-15 Industries, 10-16 (quar.) $25c Grand $75c 9- (quar.)__ 7- (quar.) 115c $$1.75 East 6% A Lakes Extra , Class class Great (quar.) 8- preferred 25c Employees Insurance Co. Company, Ltd., 6-28 Ltd.— Participating $2.50 preferred 30c & 1 preferred 1 f50c — 6- Co., $2.50 8 (s-a) , 3 (quar.i 1 78- 75c 25c (quar.) 6-28 4 8- 1 8- 3 8- of (quar.)— Hosiery Co 7-15 7- 8- 3 10c preference Co. 6-22 9-15 15c Rhode convertible 7-14 9-15 10-16 Fund. Trust 6% $5c 7- Bradstreet, Ordinary $5 Inc. Ltd. Co., common 7- 6-15 Management Investors Jamaica Ltd Ltd., 3 Company, Dunlop Rubber $5 Mines, Co., 7- Paper (E. I.) 4V2% Foods, Gordon 7-15 Investors 6-23 Johnson 7- 3 preferred (quar.) preferred (quar.) & State Gotham 7-31 6-30 56V,c 1 Furniture $3.50 Dun Manitou Golden 50c (quar.) 6-30 $1.12'/2 Transit preference 1 Company & convertible 15c (quar.) Elevator 6-14 6-10 6% 8-1 10c 6* $40c common 7- 3 10% (quar.) H.) 1 common, (quar.) 8- • 7-14 1 50c Ltd., $1 1—- 7- 8- iquar.) (quar.)__^ Foundation, 50c $1.37y2 (quar.) common 8- Ltd., 6-30 • 8- preferred A (quar.) 2nd preferred (quar.i Pont Goderich 6-30 1$1 (quar.) Chemical $4.50 (P. prefeired 3 3 Inc., preferred 7-15 140c Ltd 1 (quar.)_ common $25c 135c Ltd 8- (quar.i Brothers, 7- $3.25 du Gimbel 8- (quar.) $1.50 interest Co., 125c 125c convertible Drexel 8 beneficial Razor preference Grafton common Department Stores Corp. —— 125c preferred ■1.> (4 8- of Safety 8- 120c -- Interstate Investment 10% — 6-30 7-15 7 Vac iquar.) Intertype —— certificates trust Textile Co., Donnacona Dow 1 Ltd.— Linoleum, Corp., voting preferred 4%% Certificates preferred 6-30 George Putnam Fund of Boston— Gillette convertible 6-30 (special) 7-15 International Resistance Co.— 6-30 dividend Class B Iaccurn.) 6-15 $$3 $1.25 7-15 (extra)— (special)-—- Holders 7-15 Central America— 7-15 com. When Payable of Rec. $60c common preferred 7-15 — Co., Chemical, Ltd.. com. (quar.) Dominion Tar & Dominion Rubber Golden (quar.) $50c 2nd International Railways of 5% preferred (accum. $$2.50 (quar.;____—.... Brewing Co., class A h 4 Ltd.— common Co., Ltd., (quar.) preferred $1 (quar.) preferred Tire 8- B- 6-15 convertible Ltd., (quar.) preferred $6 150c Glass Dominion preferred t50c Increased 7% Service, 8-15 6-30 5 6% Share Co., t50c convertible $4 7- 1 1 6% - — General J37V2C $17V2c common (quar.) (initial preferred non-cum. Dominion $5.50 6-15 8- 11- Power .... ... fs-a) Public $$1.25 Ltd., ___ Dominion Foundries & Steel, Dominion 8-14 6-26 _9c Co., preference A Ltd preferred Dominion 1 7-14 75c (s-a> Trust Construction Mines, 9- $5 Dominion & Anglo Investment, 5% 1 General Company Investment conv. 8- 7-24 7- 5 $2c — 8-15 11-15 Monday, July 3, 1950 Per International Ltd, Corp., (s-a) preferred 50c 50c $4 (quar.)—- (quar.) Products Disher Steel (s-a)__ B 5% 50c pfd. participating preferred 6% A Class Genesee Semi-annual Steel Class $4 preferred Detroit Manufacturing 8-18 7- Detroit-Michigan Stove, 57® Detroit _____—________ ____ Products . Name of Company 8-18 9- 3 $2c Petroleums, Ltd., common— . Holders 35c common.. (quar.)___ A When Payable of Rec. $1.50 $1.50 Co., (quar. 1 preferred 7-24 7-15 Semi-annual 6% preferred 6% 7-24 Co. Rft. Western 60 8-15 40c — South & Share Advertising 8-15 30c I increased) Corp. Co._—_— Hillsdale 25c 25c $2 — Co.——75c Yard Tunnel Canada - (quar.)- Voting common (quar.l 8% debenture stock (quar.) of Company Outdoor Class — Ltd.__~_ Mines. lOennison Mfg. General 7-23 7-25 (quar.) _________ Debenture & Securities Corp. of Canada— Delnite Per Name 6t30 7- 7 7-10 7-10 — (S-a) Holders +$2.50 Inc. class A 5% When Payable of Rec. 2c Co.— Dayton Rubber Co., common___~~; $2 ' Share Company . (quar.) 50c 4-2-51 3-19 McDonnell 6-30 Mclntyre) Ltd.— t$1.75 8- 1 t8%c a- 1 7- 3 ^7-3 Aircraft Porcupine McKay Machine Co. Extra » Mines, Ltd. (quar.) 6-19 $50V4c 9- 1 8- 25c 7- 3 6-20 25c 7- 3 6-20 1 Volume 172 Number 4921 . . The Commercial and Financial Chronicle . Per Name of Company McKesson Share & Robbins, Inc., $4 McLellan Stores Co. (quar.) Medusa Portland Stock dividend Mengel Cement Michaels preferred preferred 4.90% Mid-Continent Midland Miller 7-12 Common 7- 7 7- 3 61 7-15 7- 3 61 7-20 $1.75 8-15 (quar.)___ A Minneapolis Missouri & & S.) tJ. Mitchell Inc. 10c Corp., Ltd. (s-a)— Louis Ry. Co Paper $50c j Life (increased) 8- 5 11- 4 2- B 90c 7-31 7-14 15c 7-25 7-10 Loan 8-15 8- 8- 5 % % Ltd., 4 preferred Telegraph Ltd., preferred A (John) (Philip) Motorola, Inc. Diablo Ltd. (quar.)__ 3 6-10 3 6-10 -A- $40c 9- 7- 3 7-15 7- 3 7- 3 7- 6-—6- 3 12 %c 7-29. 37 %c Company RR. l'/c Boiuauu 6- 1 Power 6- 1 Telephone 5% 8-10 Co. 6-30 (quar.)__ pfd. 25c 8- 7-20 1 Chemical Co. of 7- 3' (quar.) $1.50 9-28 (quar.) $1.50 12-28 12-2) Mutual Investment Fund Mutual System 6% (increased pfd. National Battery Co National Biscuit Co., National Breweries. _ National Chemical National City National Department National Distillers & Bank Electric 66- Co. Y.) Corp. Products (quar.)— Corp. Co. 1 7-14 R & M 1 7-14 Raiston 7-15 50c 8- 7 13'4 7-11° 8- 1 R 1 6-30 Reau.ng 8-25 Reda $15c 1 9- 1 $ 15c 1-2-51 12- 1 10c 7-20 6-28 1 7-14 National Investors National Lead National Linen 4%% 5% Corp. Co., 6% pfd. Service preferred B (quar.) $1.50 — National National Steel Tank National Tea (quar.) Refining Co. 37%c Tile New New Mur Gas Electric & 10c preferred Trust Co. (quar.) (quar.). Newark (Ohio) Telephone, 6% Newberry (J. J.) Company 334% preferred (quar.)^ (quar.) dividend (One _ —_ North Central each Star Northern Oil, Ltd., Central % 7- 3 — common-— (quar.). - Life Insurance Scotia Light Nunn-Bush Shoe, & Power 7- 3 6-30 7-14 7- 3 8- 1 at $101 per share plus this dividend. preferred 6-30 Rocky 6-30 $1.20 10- 9-20 1 33 %c 8- 1 7-10 7- 3 6- share Oliver Corp. for & Ontario Steel Products, preferred Electric Gas Pacific Intel-mountain Pacific Pacific Ltd., Co. A (quar.) — common (quar.) W. 4% preferred Peerless Casualty Co. —— Cement 7-27 7- 6 7-14 7- 5 2 9-15 10- 2 9-15 7-10 6-30 35c preferred (quar.) common Sterchi Sterling 1 7-20 3 6-15 $5C 7- 3 6-15 8% 6 6- 9 10- 2 9-15 10- 2 9-15 Stony 8- 1 7-15 Strawbridge 8- 1 7-15 Stroock 75c 7- 3 6- Suburban 9 75c 9- 1 8- 1 8-10 7-10 7-15 7- 3 7-6 6-6 . Sweets 8- 1 7-15 7-21 7-11 Air 1 7- 3 Corp 9-14 '~9- 1 Co. preferred of America, 7-15 6-30 Technicolor, Inc. Terre 8-15 8-15 9-10 9- 12-10 12- (quar.) 8- Haute 1 Power All 8- 2 6- 9 7- 7 9- 1 7-31 7-14 $2.40 7-31 7-14 Thermoid 50c 7-31 7-14 Thor Tip $4.56 preferred Thatcher & Mfg. Inc., common Glass (initial quar.) 27 %C (quar.) Company, 8 Edison 4 Tooke Brothers, Top Tailors, called at $115 1 (quar.)_ for per approval of $2.50 preferred RR. (quar.I preferred 5% preferred Co., Tri-Continental 8-14 Products Cj Udylite 12-27 12- 8 Union Asbestos & 7-10 6-22 Union Gas of Union Sulphur " Sheraton .Corp. Corp. of America (resumed i___— Ltd.J (increased)—. 6-26 7-10 7- 5 75 c 7-10 7- 5 10c 7-14 ,42c 7-15 United $4.50 United Co. Co. preferred & 15c 8- 1 7-14 6-30 1 7- 5 6-20' 10- 1 9- 7- 3 5-16 7- 3 6- 9 6- 9 6- 9 1 7- 3 7- 9 7-14 6-30- 7-24 7- 7, 7-15 7- 5 7-15 $1 8- 1 $1.75 8- 1 $1.50 8- 1 8- 1 of 7-15 6-28 8- 79- 1 8-18; 7- 3 6-15. 3 6- 1 $15c 7- 3 6-15' 7- 3 6-15 $25c 7-15 7-.T 7- 3 6-15, 7- 3 6-15 7- 3 6-15 7-10 6-23; 7-15 7- 5 7-18 7- 3 7- 5 6-21, 8-15 8-10 11-15 11-10 $$1.75 62'Ac 25c 7-15 10- 6-30 2 9-19. 7-15 7- 1 10- 2 9- 8, $20c 8- 1 7- 7, 7-7 $1.12% America 7-15 7- 25c 7-11 7- 5 6-27: : ; * Corp. Bond Corporations, Ltd., A 7-28. 1 7-10 25c (increased) (quar.) Carton Share (resumed) (increased 6' (quar.)—j .- s-a _ (quar.)__ 30c 7-15 6-30 $25c '8-31 7-31 '$5c class B Extra Class 62'Ac 7-10 8-15 75c United & Ltd. Inc United 6-30 6-23 8- 62'Ac (quar.) Canada, Co., Biscuit Board Rubber 6-30 . 7-15 6- 25c 8 7-21 2! 7-15 Co. Co., Ltd., 7% pfd. (quar.) LaSalle Street Corp., common Corp. (quar.) 9- — 7-10. 25c (irreg.) (quar.) Tobacco 9-29 30c D. 1 7-15 10c South 45c ____ (Washington, 8- 7-15 25c $1.25 (increased). 7-15 $37'Ac Quarterly Tuckett 6-22 Mines, Corp. $1.25 6-22 1 $$1.12'A common 1 7-10 Gold Corp., 9- 7-10 7 8- 31'Ac 8-14 65c Service A (initial)-—-. 1 33 %c 7-14, 9- 12- 6 Co. 9- (quar.) Cre°k. class (quar.)_ (quar.) Trico (quar.) Sheep Corp. Products preferred Trinity Universal Insurance preferred Co. Radio 7-17* preferred 9 9-15 12-15 $37'Ac 7-17* convertible Corp. Ltd., Ltd. (quar.)— 1 convertible Storage Corp., 1 208 (quar.) 8- 6-30. $15c 1_ common 8- $2.60 Security Co., $1.07% common 6-30 7-20 $l5c Quarterly (quar.) Finance 5 $1.06'A (quar.): Association, 91 %c (quar ) 5 25c (quar.) 8- Co. 77- .8- 1 r $10c pfd. 85c (quar.)_ 6-16. 60c Ltd $1 5% Seaboard ——— — 8 re¬ quar.l_ 4'A% Co., preferred Trav-Ler $1.25 100% July 17) 7- share (quar ) Ltd. (quar.) Works Iron A Treesweet to 7-l, dividend. (initial Corporation 7- 1 9-15. 7-15 $1.14 pfd. Manufacturing— preference (quar.) 9- 7 6-30 \ 7- Corp.— convertible Class common 2 7-15 50c shares above Toledo . 7 10- 50c Steel Aug. on the 1 Co.— 7- 56c 6-30 $25c Service, $4 pfd. Light Co., 7% 7-25 10- 7-10 All 7-15 t$1.07 8-25. $4c —— unexchanged 9-14 $$1.50 8 25c (quar.) unexchanged shares called for re¬ demption on Aug. 1 at $110 per share plus the above dividend. 7-10 7 9- 40c preferred 6-30 7-25 $6 6-30 7-15 & demption plus 7-15 7 7- $1.06'A Quarterly Texas 7- 1 50c 4% preferred (quar.) Taylor-Wharton Iron & 1 7-15 1 1 8- 25c Inc Malleable 1 6-15 8- 20c 56c 1 3 $5c 6-20 7- 9- 9-15, 12-15 7- $$1.50 Extra 7-14 7-14 5 7-10 6-30' Co.— convertible 20c (irreg.) (quar.) Seismograph 25c 4'A% 15C Extra '"7-14 Sutherland Paper 25c (quar.) Line 7-10. 1 $1.12'A Swift & Co. (quar.) Sylvanite Gold Mines, Ltd Tamblyn (G.), Ltd., common common— preferred 1 8- 7-15 $75c 7-15 $1.40 Manufacturing Co. preferred (quar.) 4.30% 8- $1 1 (s-a) 1 $1.35 ,1 preferred 8- 50c 3.65% Seaboard 8- B 9-15 7-18 6-30' 8- 4 $1 (quar.)__ 9-15 8- 7-15 6-20. 6-20 25c common.. 1 Finance Scovill 7-10 $$1.50 4'A% 7-14 20c (increased) Class B preferred 1 8-15 50c 1 8- 7-10," 7-10 25c — Traders 7-14 (New Hampshire)— Common 1 preferred 7-14' $2.50 10- Ltd.— (Subject 6-21% 8- 25c Oil Co., 4'A% preferred A (quar.) Sunray Oil Corp., common (quar.) Supertest Petroleum Corp., Ltd., ordinary 6-30 8-15 V7-I-5; (quar.) 10- $1.75 (quar.) stockholders 6-30 $1 Sun 7- C».t 7 7-20 7-14 $1 Securities, preferred 12- 8-15 $1 2nd 7-17 $75c 7-15 $4 7-15 dividend 7- 933Ac 25c 12-15 $4 7-25 Co. 50c $3.40 :>6-30 & 25c 6-15 7-14 (quar.)_ (s-a) Electric $1.25 7-12 $1.50 (S.) (quar.) 1 6-20 pid. common • vtc common 6-30; 5c — Clothier A 3 6-20 RR. & preferred 7- . Brook conv. 8- 7-15 4%% Corp. 5% 50c 7-15 Stewart-Warner Building Paper 7 30c (s-a) Traders Stock 6-30* 6-30 7- $20c (quar.) Company, preferred Toronto $$1.25 $1.10 Textiles, B.) 1 Scott 7-25 7-25 50c Stern (John 4 6-30 9-10 & 9- 6-30 7-17' $20c Erothers 7- ' 7 Stern 7-25 7-15 7-31. 7-24 75c 40c Inc.— 9-15 7-20 10- Motors teoc 20c 50c Electric Stetson Inc. $1,25 A 7-31 1 $20c Stores, (quar.) pueleired 7-14' 9- Corp., Brothers 7- 20% (quar.) Co., 7-14k 1 $15c (quar.) (quar.) vtc 5%% 7- Preference 7-20 12 %C - & Company, 1 1 9- 9-29 A (Ed.) 8- 12-29 7-15 ( 8- $1.25 receipts (quar.) Schwitzer-Cummins 6-30 $1.25 preferred Schuster 7-20 (auar.) Texas Electric deposit (final) Ry. 1 7-14 (quar.) 8- $1.02% ' Inc. (quar.) (extra) Francisco 8- $10c Brothers, Ltd. (quar.)_ Steel Co. of Canada, Ltd., common — (liquidating)*^ preferred 7-20. preferred conv. Louis-San 7-20 1 12'Ac — Coip._. Lithograph 5%,.. St. 1 8- d referred 1 9- Mills, Paper $2.40-2nd 1 1st 7-20. 8- $10c 30c Corp., com. preferred 1 5% 20c ^awitmce A Stedman 7-31 8- $1.25 Quarterly Peerless Y.) Inc. (quar.) Stecher-Traung "•*" £T Foods, 8-15 8- ilOc Investment 50c American convertble Seagrave Companies, (N. Extra 9- 9-30 Telegraph Co. Packard-Bell Company Paraffine Co. Avenue, Fine $6 50c (quar.)___ (quar.) (quar.) & 5-23 $1.12% preferred S. ol. 3 10- 32 %c Telephone & preferred 7- Express Co.— $4.40 preferred 5* tlOc (quar.) Manufacturing $$1.75 —-—_ cl. Co (quar.) Lighting, S4.50 6% & 6- 25c Ltd'._.T'~T„ registered Russek's JAttn $1.31% (quar.)—— Pacific 7-12 of pfd :— conv. Debenture Loan Common 50c T~ preferred (quar.) United Filters, $2 3 25C ordinary (quar.) <quar.)_ 50c (accum.) Sagueuay Power Co., Ltd., 4'A% pfd. (quar.) $1 each held. Ontario 7% — — share Oklahoma Gas & Electric Co., 5'A% 4% 7- Street $1.50 (quar.)______ Fuel Ltd. class Corp. $1.75 preferred 4% preferred—• One-quarter Petroleum A Corp. 1 $1.75 $1.75 Insurance H 7-12 9- 15c pfd. A — $1.25 class 8-1B 7-14 25c (quar.) State ' 7 v Typewriter Co., Inc., common (quar.) Budding Co., 6% pfd. (accum.) 7%: 7 97'Ac ________ partic. 75c dividend. for 3 B 7-15 20c (quar.) Mills, Mountain Royal 11- Class 9-15 40c Corp.— Stanley Brock, Ltd., class A 1 $1.31'A Quarterly 6-30 7-15 11-10 Silica 8- 25c RQlli,>Royce, $1.10 Oilgear Company Intercoast (quar.) (quar.) Industries, 6-29 6-20 $1.50 A..^ Common nSL'H! Ages 7-15 $25c (quar.) com. 4.40% & (quar.) Quarterly 7-20 $25c (quar.) 3.90% Stock 6-22 7-10 Ltd., (quar.) B 15c (quar.) preferred Light (accum.) $1.25 a20% Co. & Extra (quar.)_SL^ii Inc. Button 9-11 50c (initial)__ Company common preferred (quar.)-— Oils 7-13 7-15 $1.75 class (resumed)__ Radio, Class Standard Trust, Ltdi— Co., Cotton of Standard 7-28 preferred F (quar.) Ruud Edison Ohio 4% Power preferred 15c (quar.) Mills, "4.10% Standard 52 %c (quar.) Cement 17'Ac preferred (irreg.) — Entire issue called for redemption on July 12 7-23 8-15 10- 7-15 45c 25c Milling Co. 9-12 $27c Quarterly 6-10 5% Ogilvie Flour Mills, Ltd., 5% m, (quar.) Class B Standard 2 15c AssociatibrtV^Uhc Rochester-American Russ ——— Company— preferred series A conv. — .— Roc-ii^ccr Gas & Electric Pharmacal 4.50% 8-15 Inc.— 8- Cement Co.— Quarterly Norwich 6-15 50c ; 1 5% "(Increased com. 8-15 Co. Minn. Northwestern State Portland 3 Stern 25c 35c National 7- Holding Corp., 25C „ preferred 90c preferred Minneapolis, t28c. $28c Selection 60c (s-a) $4.30 6-12 Ltd., Co., preferred Rock (quar.) Northwestern 3 t25c Rochester $1.06% . (Minn.), preferred 7- $7 6-30 8- Electric— t2c Standard 10c (quar.)_ J.) (accum.) 62 %c 6-16 7-17 & (N. (accum.) (quar.) 6-2b 1 Gas Co. 8- com.___ 6-28 * Insurance 8-31 pfd. 6 Co.— (quar.) $3.60 Ltd., 7-15 ^ Fire preferred 1 7-15 . $$1.25 (quar.) Standard 50c (quar.) Y.)__ 7-19 $2 : Northern States Power $5 preferred preferred 1 6-20 $12'Ac common prior 9- 8- 7-20 $1 Ltd., prior 9- 5 8-31 8-15 7-15 ■ $1 Co., $6 1 5 $1.10 (quar.) $7 Engineering Co., (quar.) preferred "Robinson $83/4c (quar.) (s-a) Liberties Gas pfd. preferred (increased) 2nd Riverside A Chemical 7-14 9-15 5 7- 1 $1.033A (quar.) preferred 6-13 10- 5 7- 7-31 $1 1 1 7- 7-31 97'Ac 7-10 Ltd., (N. preferred 1st 6-13 7- 8- 6-20 - pfd. Co. Corp. Racing ?% 7-15 $40c 3 12 %c Mills, 15c (interim)—. 7% Ry. preferred Northern Nova 1 ______ (quar.) 50c (quar.) Indiana Public Service Northern 4 % Oil 6-16 6-30 8- 7- 7-31 & Son— $4 Standard 8- 50c 55c (quar.) $4 preferred 5% 25c ; Ordinary (interim) Rice, Stix, Inc.— two (irreg.) Inc. Refractories Texas V4 "it .-Robbins for share Aviation, American o 6-5 3 2nd 6% (quar.) Rhodesian 50% American North North Revere 0 933Ac held) North 6-30 6- 7-10 1 933/4C Co Steel 6-30 7- 5 50c Copper & Brass, 7-15 $1.50 78- 1 $1.25 (quar.) (s-a) R.) $5c 7-15 3 7-15 7- 92%c Standard Oil Co. (Ohio), 33A% ——————— Common 7- __ (quar.) 7% pfd. Niagara Wire Weaving Co., Ltd.NobLitt-Sparks Industries— Stock Republic Revere 3 6-29 7-15 3%c (quar.) com. $1.50 Investors Fund, Inc. preferred A (quar.)_ v preferred B (quar. 6% 6-30 7- 7- (E. $1.12% $35c (quar.) (initial quar.) preferred Sperry Corp. 8-15 25c (Canada), A 8-15^.8- 1 56'Ac $1.183/4 common....; 7-10 1 4.40% 6-30 6-28 10c (quar.) (Dallas) Co. Standard (quar.)_. preferred 7-15 $1 Service, 1 8- Squibb 6-30 7-20 $$1.50 common $1.50 (quar.) Electric & 2%c Public 8- t$l 11-15 22 %c Orleans preferred Republic Association— Extra Y. 4 7-10 preferred 4.15% $87 %C Extra 4 8- 7-24 $13c Quarterly 43A% 8- 8-15 6% (initial quar.)_ Telephone Co., Ltd common England New 8-15 10c Company— Brunswick New 53%c 47%c (quar.) (quar.) Mfg. Co. (quar.)— & 3.90% 7-10 7- 3 7-29 7-10 $1.20 Service, (quar.) 6-15 Company— Inc. Ins. 11-10 6-23* 1 Electric & Public 1 1 A Life 7-15 $1.25 (initial; Ltd., preferred Southwestern 12- — (increased) Extra 7-14 7-31 Y.) Mines, Renold-Coventry, Class non-cum. 7-15 12-11 8- 28'Ac (quar.) preferred 12- Class preferred Nestle-Le $2.10 6-' 5 Gas 3.70% $40c Reitman's 6-30 Indiana preferred 8-10 J40C „ (N. (quar.) (Mass.), Reinsurance 6-15 6-20 12-20 3 this Southern New England Telephone Co. (quar.) Southern Railway Co.— 5% 9-11 28c preierred Power, 1 (quar.) Kenauoe 3 Co. plus preferred ^quar.) Fire & Casualty (quar.) 9- preferred 6-30 7- 7-15 8-15 7-15 7-15 6-20 non-cumulative 61.60 Canada 7-15 1 fi-IF convertible 6-30 5 share Co., com. (quar.) partic. 7-15 9-20 7-10 on (quar.) 4.80% 7- 75c preferred Southern 7-15 1 Co. redemption 4.56% Southern 9- 6-15 per (quar.)_ (quar.) 9 $40c 6-15 $106.50 at pfd. Paper for preferred 6-12 6- & 4.48% 6-30 7-13 8- 12%c (quar.) Edison 3 (quar.)__ "» 1 Bag called California 5 preferred 3 Advance Southern 7-15 7-31 50c Inc. dividend. 7- non-cumulative 3 „,7-15twr Trust (quar.) Glutting $1.60 7. 50c 7-10 6-17 $50c (quar.) issue 7- 30c Co.____ Shoe nt0tui 7- 25c & common Brothers, 7- $37%c (quar.) preferred 3.80% hj. Regal Company 414% National Rec 15c 15c _ Car, Ltd. Sugar National (quar.) 7-20 7 8-15 50c Pittsburgh Water, 4%% 7-21 $2 (quar.) (increased s-a) Company, 4% $1 25 (quar.)_ com. Manufacture & Stores Corp. Shares Corp National 8- Co., Corp. $1.12% Corp., (quar.) preferred (quar.) National 10- 7 5-31 7- Mills, Ltd.— Clothes, t$2 - (quar.) ; Pump Recce (quar.) 1 Ltd.— pref. e preferred 7-15 A 8- 50c Mills, Special $2 9-11 Class (s-a) pfd. preferred Bank preferred 10c Class 8% Company 5% Purina / 15c _ National 7- Brand t2c Electrotype (quar.) Rayonier, Inc., common (quar.)__ 10-2P (quar.) Gas & Oil Corp Hosiery Mills, Ltd. A (quar.) National 6-30 3 t53c — Southwestern pid 7-22 11- 7-15 5-31; 7- 40c Paper preferred Aug. 5-31 3 Iron & (quar.) 4% Southern 3 7- t45c common Corp Society $75c (quar.) Ltd Bearings Canada, Ltd., class A (quar.) 8- 5c Gas 7-20 O.) Common 7-17 1 » common Transport Manitou 8- 5c Fue! 1 8- (A. Entire 7- 25c r (Howard) Southern $15c $$1.25 (quar.)— 7-12 1 t2c A 7-31 50c Steel Smith $$1.50 . B.) preierred 25c 1 8- 1 9 6-28 Ltd.— (quar.) Quarterly Quarterly 7-17 3 6- 50c class Dairies, Corp. Sloss-Sheffield 45c preferred Dairies, Ltd., Western Mines, Ltd Company, Ltd., preferred (quar.) 15c Mines, Ltd Ltd., Co., Oats Quebec Welding Machine— Quarterly National 6'f 6-30 7- 7- 6-29 1 7- 3 7-29 $3c Ltd (N.) South 1 7- tlOc Mines, Oil $2.12 8- $25c Siscoe Gold 6% (quar.) America Gamble Co., (Fred Quaker 45c (quar.)_ 12-15 125c preferred (quar.) Simplex Paper Corp. (increased quar.) Slater Holdert Payable of Rec. $$1.75 5% Sinclair 51 Ltd.— B Sllverwood 4.08% (quar.) Dome Pluur 20c (quar.) (quar.) Stores 1-1-51 Canada, (quar.) 25c Redeemab 9 7-15 9-15. of Ltd Miller 25c Quartern 7-20 1 3 12-15 1 7-10 $1.75 partic. National Purity 6' 7- 50c Mfg. (N. (quar.) com. 8- 7-14 10- 8- 62 %c Corp ; & Public 7-15 $50c 1-1-51 Canada Brothers, riuvincial 6-30 75c National National 7-31 7-15 50c common.. Ltd., Register Co Cash 15c 37 %c quar.)__ (quar.)___ 9-15 7-15 $1 Co Electric oi Mines, Class Co. 25C East Propueo 9-21 preferred 1 $1 Bolt preferred Prosperity preferred 10- $1.25 preferred (quar.)_ preferred (quar.) & Extra America— 6% 1 8-10 75c 97 %c oi^cuierly 3reston 6-16 6% of Metals Procter $1.183/4 1 $2.50 (quar.) quar.) 5% Glass non-cum. Price C.) Company preferred (quar.) (quar.) common Quarterly 8-10 & Telegraph 1st 1st c% .7-, 7 7-13- $1 (quar.) vjeneral Corp. o% *6-30 8-31' (quar.) $2.50 preierred 1 8-31 $1 (s-a) 6- lc ■ Pittsburgh, Fort Wayne & Chicago Ry, Co.— Plate ... $1.12% (quar.) (quar.) Screw 7-14 $1.12% RR. (initial Corp., 1 ■ preferred Smith (quar.) Co., preierred Philips-Jones 6 lc _ „ — Co., & 3 9- •15 3 7- 5 Inc., mills, $4 Pittsburgh Brewing Co., $2.50 pfd. (quar.)_ Wusbuign, Cincinnati, Chicago & St. Louis 6 $1.50 (quar.) ^ Paper N. 4% Co., 7- 25c (s-a) preferred preferred Pressed —, _ Morris 3.90% $1.50 $1.25 _: Trenton °itt«burgh — •20 ■30 (quar.) preferred 2nd fc Pittsburgh —- 7-20 7-20 Products 2nd 1 ~6- tic 15c preferred -46-15 3 7-31 common preferred non-cum. 8-25 1 7-15 30c preferred uairy 1st ~t A Philip Philip Morris & Co.) (quar.) 1st non-cum. ■>4 6-27 7- t$1.75 (quar.) (see non-cum. Philadelphia 6-16 tl.75 Munising Mutual 7- 7- 3 (quar.) (quar.) 11=18 7-15 6- (quar.) -64.50 6-16 $25c (quar.) States 43/4% 6--T5 3 t50c Mountain (G. 3 7- $75c (quar.) & Company Morris Murphy 7- 50c (quar.) B preierred — 7* 7- 6-30 7-14 preference 64.50 7-12 1 7-15 preierence 6-15 12-15 5c 34%c ._ Works, 7% Extra 3 $25c $1.50 __ Ltd .our. Co redeemable pref. Mount 7- Mines, Ltd Coke & Company, Pnnacieipnia ... t25c $$1.12% (quar.) common common 4% Morrell 6-23 $$1.25 Gold ladelphia 5% 6-3C 7-10 Securities, Lignt $5 7-17 7-25 (Phila.), $5 preferred- (s-a) $6 7-6 12%c (quar.) (quar.) Montreal 7% oaa r»n (Winnipeg)—T class A Locomotive Corp. 7-15 Co. Co. Credit Perron $$4.50 (quar.) common Co. Montgomery Ward & Co., Moore 25c t$ 1.80 Montreal iramc Permanente Cement Co. 7-lb 1 (quar.) Investment rcu^.eo $1 (quar.) Society, preferred 7% When Share (quar.) Sllverwood 8-15 11-15 64 Semi-annual Monroe Silver 2-15-51 75c Ltd. America Co., 5 33C $50c Assurance 2- 33c Company, Ltd.— preference 2-15-51 33C 37%c (quar.) Service Company, Knitting % % 25c 61.32 - Manufacturing Co. (extra) Moirs, Ltd., 1st preferred (s-a) Monarch (quar.) Peoples Modine Monarch Sigma (quar.) 7-lf 7-15 1 of 5 4 ui 8- Corp. 811- (quar.) 6-23 $1.22% Common 8-15 11-15 preierred 7-14 1 Semi-annual Molybdenum 12-15 Sherwin-Williams 25c preierred 20c 15c (Robert) 1-2-51 of Company 25c Penn quar.)_ Per Name (quar.) 61.32 8-21 8- Electric Mitchell 9-15 7-31 11-20 (quar.) St. & Holdert 1 preferred 8-31 $1.10 Ontario 10- 61 $1.12% Laundries, Gas (quar.) When Payable of Rec. preierred 11-30 (quar.) Minnesota 62 %c iquar.j preierred $1.12% (increased Grain 62 %c (quar.) common 6-27 Manufacturing Co. Class 4 1 (quar.) Pacific & 8- Share Telephone, 61.32 preferred Michigan Bumper Corp. Michigan Gas & Electric 4.40% Peninsular 15c Stern & Co., preferred (quar.) preferred (quar.) 4%% 4 % % of Company 3 25% ;—— 7% Per Name 7- SI Co . Stores, Holders 7-15 $1 (quar.)_ Company Mercantile When Payable of Rec. 37 %c pfd. (51) 8-31 7-^1 $38c 8-15 7-15 *2 The Commercial and Financial (52) . Per , Name of Company Share United Drill & Tool, class A Class (quar.) being placed on a 6- 8- 1 dends which were at old the of rate 10c Sterling Drug, Inc.—Profits Show Gain— per 10c •United Fuel (increased Company 000 (Continued from page 14) . Fruit 8- 1 7-11 7-14 6- 8 This the Bonus 6-16 7- 3 5-23 3 5-23 7-10 7-21 6-30 50c 7-21 6-30 62V2C 37V2c 25c 7- 5 7- 5 7- 7 6-21 6-21 6-19 James largely al7V2% - a2Vuf/c — 7- Quarterly Certificates United Shoe of Inc., Theatres, common- interest— Machinery Corp.. (quar.) com. 6% preferred (quar.) United Specialties Co. (quar.) Ut'Sv-Fidelity & Guarantee Quarterly tJ. S. Fire Insurance Co. XJ. S. Foil Class XJ. S. Company, U. 8. Y.) (N. Chemicals, Inc. S. — Plywood - 7- 6 Corp., 9-30 8- 1 O. 8. Smelting 75c 9-20 75c 12-20 35c 8- the on In in profits due was filed 22 of letter of a (no par) weekly as notification The bonus. a magazine. No by proceeds underwriting with be to the SEC 11-30* first 7- 1 7-20 1 Selling its the advertising, 70c conv. preferred (quar.) + United Wallpaper $4 pfd. (quar.)_i 6-20 6-20 6-28 has Universal 12VuC 8- 1 6-30 of company's in this Formula United — than stock common heretofore and involves of SEC used to shares be Co. (N. the represents privately owned company. promoting and dietary supplement items Philippine Islands through the presentation to the medical pro¬ the products through direct consumer its volume has approximately tripled in the past five years. are manufactured for the company to its own specifica¬ Y.) Laboratories. Universal (quar.i— Leaf 5Vu% Tobacco pfd. Co., (quar.)— (quar.)!_ com. $4 30c (resumed)_____ common convertible preferred 1 7-13 1 7-13 1 7-17 and 9- 1 —V. 6-16 7- 150c 3 Railway, $4.50 clears payment $4.50 preferred all 6-30 Wabasso Walker Cotton & Co., Ware River RR. preferred 1 Warren Brothers Co., Inc. 7-17 West Coal Kootenay 7% West The Northern West 4.10% corporation pfd. (quar.) . 12% pref. $2.50 Pulp & Western preferred 6% 8- 1 7-10 6% 6% 1 7-15 8- 6-20 $1 05 7-15 6-20 7-15 6-20 30c 7-12 7- 6 $1.12V2 8-15 8- 7- 3 6-29 t50c 7-15 6-15 $35c ... 7-15 6-15 1 class A (quar.) Co.— 75c .-___ Co 30c < 8- 9-15 9- 8 750,000 being Oil Whiting Corp. Wichita The 7-14 Wichita Union 11-15 2- $1.43% common $1 9-14 8 8-23 7-3 6-9 8- 7-21 1 8-1 preferred 1 Willett Wilsil, 1 17c 7-20 20c 4% pfd. (Consider H.), B Inc. 3.60% preferred Co., 7-15 6-30 7-15 7-10 2 7-14 7-10 7-3 6-1 1 "After 10- 9-1 8-3 8-15 Earned 90c (s-a) 9- 1 8c 7- 3 8- 1 Combing Corp. Wright-Hargreaves of $$3.50 8- 1 7-15 Mines, 7-10 6-24 Vates-American fork Machine County Gas Co. Voungstown Sheet Xenith Radio Payments ■•Transfer are now (Del.) J4c Tube books not a Co 1 7-20 7-3 8- 1 7-15 $1.50 9-15 8-18 50c 7-31 7-14 for tax. JtLess 30% Jamaica income SEC this tax. stock common for 171, each to agent ex¬ appointed regis¬ preferred stock, conversion has share of been B resident from preferred to in due $100 with statement 1, Jan. 1952, value, par and issuable are maturity in of payment by delivery for share one each of notes, the principal which it others. committed sale Proceeds will be pre¬ amount to Thew Shovel said occurred that "Although ago, said. "Sales of the of institutional in¬ for of construction its 2613. p. first $2.10 1950 Smythe, decided a Presi¬ improve¬ 25% were above of under the last should 1950 the of shade a period same quarter be a 1949," he those under but net earnings for the first half should year, share per of outlook. 19% half Chauncey B. quarter sales about the there is compared as with sales abrupt change for the an for 1950 should higher."—V. Third Avenue Transit in $1.34 in worse least n 171, »qual 500, p, the same Corp. (& business general those of with 1949 Subs.)—Earnings— 1950—Month—194S revenues 1950—3 Mos.—1949 $2,154,811 $2,189,026 $6,174,503 $6,210,537 t215,198 393,886 t613,334 1,193,814 loss "After taxes and charges. tBefore any deductions for charges amounting to $222,190 for March amortization three months' Thompson The for by condi* are series due and bonds company, first Period End. Mar. 31— for the certain program 171, this quarter were considerably Gross shares unsubscribed securities 1949. "Unless profits the only shares pipeline bonds, 3%% notes, common stock the company's period last same approximate period of the the first not the to sell to of company's during for additional Co.—Earnings to Show Gain— in they year of other. sale the o? non¬ 1,750,000 (unspecified). The of the outstanding 50% of each holders issued the shares 3V2 date also but mortgage pipeline facilities.—V. proposed of record of proposes first the of applied the of also $90,000,000 of to by be to are purchase to holder of purchase warrants, sale subscription who basis the Co., and for stock rights the on itself receive the offered on held company vestors be common Coke & issuance upon The share will The tioned to evidencing share, per Light has common, is stock period.—V, 170 interest and and $G64,4o3 1640. p. Products, Inc.—Reduces Preferred Stock—• corporation June on preferred stock cancellation.—V. 171, delivered 26 The to 2.440 National shares City its of Bank of 4%. Cleveland 1395. p. Time Finance Co., Inc., Baltimore, Md. Securities and Exchange Commission— The SEC corporation covering shares shares 7% will common the 175 of offered be to of at used filed 19 B stock share per increase of notification stock common preferred $30 to letter a class cumulative be proceeds June on the and working capital. Transcontinental Gas Pipe major the and class B preferred at par, No underwriting Corp.—System About has river crossing of the nation's longest natural gas pipe tentatively set to start around mid-July, when the ben Transcontinental Edgewater, its $20) The Completed— The line Line With with (par $i00». (par involved. Half Files — N. forty major the line J„ 1,340-mile rivers 250 will the to of foot be laid foot from route of the the Gulf Saluda River construction livered half New to delivery since in completed, York point of City the and Hudson in Eastern the natural the end the to is ranging mile-wide Missisippi River system -is expected 1950. gas be to York New In crosses Seaboard the from. City. line $240,000,000 gas of the of River York the Carolina 1949, share New Valley, comparison, 23, before major and South By May Street Grande Coast Hudson—the longest crossing. crossing will be 4,000 feet long. the across 134th Rio de¬ and the tax Transcontinental's th* the system. Daily capacity will be 505 million cubic Of the forty major river crossings in the Transcontinental all but four are and is by transported feet. ownership of the 120,000 1,750,000 cumulative 5100 country this statement Registers — value. par at of outstanding approximately Class B Shares— holders notes, stock, shares rate warrants Gas Under on registration a interim $1 payable at $10 for each from changed series its of rate 2613. p. 1950—Month—1949 $930,945 system, the remainder by suspension bridges. bridge across the Atchafalaya River in Louisiana will be the longest natural gas pipe line suspension bridge in the United States.—V. 171, p. 2515. underwater, (The) 1950—12 Mos.—1949 t$825,336 $10,107,794 180,293 136.905 1,295,364 588,441 597,866 $3.17 $2.17 share per T$9.569.831 1.899,237 outstanding-. and charges. ^Adjusted the by companv.—V. 171, 3,650-foot dividend. non-residents' at the source tax. Non¬ The plan United Corp.—Hearing on Amended Plan— 1949 1943 pany corporation 921,206 917.872 as $0.72 $0.44 cause 171, 247. The part 22 filed convertible, common The stock, class per $10 A $1 $50 a registration with A 135,000 statement stock, shares of the with cumulative while is retail outstanding the be offered common is for to the be account offered of for the the issuer, at account of certain ment. in to in be cease-to 17, into the 1950. amended investment an com¬ holding company. See details io. Druggists of Portland, Inc., Boston,. every It to the company Is now negotiating for the possible acquisition of such additional facilities in New Brunswick, Jersey City, Bayonne or Bridgeport. offered shares 871 of is to be the its On the for this was organized selling Rexall the May drug Drug distributors the of 1939 1. store Co., in Delaware merchandise, to its products of the and sale. 1, a spcnsoied exercised total of outstanding, There Dividends is 1950. were is is were no paid by 3.129 leaving Rexall Rexall Drug engage that than who are, Drug the wholesale Co., in. Co. products no of control that company. shares of capital 371 shares of stock capital had been stock held and frcm publicly-offered 136.922 shares of com¬ preferred as by to other stockholders purpose corporation operations June $38,000 resale, and $5,550 for working exclusively to persons, partnerships, linns and others engaged in the of enabling distributors of of Rexall Drug Co. to have the benefit of purchases at merchandise other than that sold by Rexall Drug Co. issued (no bcth- company follows: for sold corporations, of by formed for While stock common as business. business case, was June merchandise stock trusts, corporation the over the company from the sale of the class A stock will be company's general funds and will be used primarily for working capital purposes, for the establishment of additional plant facilities and the acquisition of necessary equipment required in the operation of the additional plant facilities. The to drug The and "selling stockholders" at $6 per share. Sills, Fairman & Harris, Inc., and Straus & Blosser have been named as the principal underwriters. The underwriting terms are to be supplied by amend¬ Proceeds The manufactured to July on share, the proceeds to furnish and security, and will be used per capital purchase of associations, par. stock share, together par, United corporation at for Corp.—Registers With SEC— June hearing transformation 2515. p. operating p. for for of means a well as 914.533 $0.69 on scheduled corporation compliance with a 1943 order of the SEC direct¬ ing its recapitalization on a one-stock basis and such additional action, $402,750 share charges and taxes.—V. 170, has this Mass.—Stock Offered— $633,750 shares common per SEC of United Wholesale 1950 $632,985 covering 100,000 shares of unissued class added quarterly basis. closed British income 8- 7-17 75c U. S. Funds, less 15% Canadian tPayable in Canadian funds, tax deductible -resident tax 15%; resident tax 7%. Less 5-26 25c (quar.) tPayable in ,6 3 25c Co. shares, capital. $10 (quar.) on 7- — (quar.) & Corp. $40c Ltd Wrigley (William), Jr., Co. Monthly been second the that be Tele-Tone Radio The Canada stock, the common stock V. "After 7-15 Wood, Alexander & James, Ltd.— Wool and into 6-10 $1.25 (quar.)_ (accum.) V. for agent taxes Number 7-14 10-16 preference convertible profit 7-31 1st Corp. Barnsdall and filed 26 of preferred preferred at presently Peoples Technicolor, Inc—Earnings— 10-31 7% has Co. 3 Months Ended March 31— 'Net $1.50 pfd. 1950, of Co. June on Oil Sunray 1465. $1.50 5% into stock also See stock (quar.) Co. Trust announces stock common must Capital (quar.) Service, also revenues preferred Investment & cumulative income preferred Public series 1997. p. 0-22 - 6% Wisconsin of paying €% Wisconsin stock, Bank Period End. Mar. 31— "'Net 30c (quar.) the of merger sale Sunray of 171, Pipeline Tampa Electric Co.—Earnings— 7-20 7- 100% common the of issue Gas be offered for public sale through an underwriting White, Weld & Co. and Glore, Forgan & Co. The price and underwriting terms are to be supplied oy being stock The June 23. accompanied by a withholding form.—V. 142, p. 4193. $2 dividend. from stock ap¬ 7-15 $1.25 stock and value $20.- par preferred pointed p. Power on Swedish Match Co.—5% Div. Gross 125c Electric preferred 5',2% shares. 6-23 (s-a)_ (quar.) notes common Trust Co. of New York has been appointed by Sunray agent for 2,698.857 shares of 5y2% cumulative corporation Earnings Yards. of the 150,share per by offering transferable 700 Hanover the shares 30c Ltd. Wisconsin No The company has declared a dividend of 5% on their class B shares for the year 1949. Dividend coupon No. 23 has been designated to covet this dividend. The National City Bank of New York has been I 7-20 8- 50c Corp vtc used be 7-21 8- 75c i sale additional outstanding note conjunction with the in second 1950, The 1 6-29 2 9- the of cents notes. the 11- 1 7-15 10- 1 Wiggin Terminals, Inc., 6% capital.' transfer as of 1.725 $25c Inc Stock Co. Central series 8- 50c Corp (quar.) (quar.) Oil Oil for trar 1 8-15 50c (quar.) River will working opening of business July 31. 1950, requests for conversion of all or part of the shares of 1950 second preferred stock issuable on ex¬ change of certificates formerly representing Barnsdall Oil stock.-* 8- $1.25 Sewing Machine Co., common $2 prior preference (quar.) Fund, five purchase to proceeds for retire to 50 at to are 120.000 notes the 7-14 $1.25 2-15-51 common White Whitehall given The and change certificates for Barnsdall Oil Co. capital stock for certificates representing shares of 5V2% cumulative convertible second preferred stock of Sunray Oil Corp., and also to accept up to the close of business July 24. 1950, tenders of second preferred stock, ana up to coupons prior lien from shares used Corp. 1 $1.25 Wheeling & Lake Erie RR., 4% be $100) preferred stock. 1.7 Instrument of the with (par each Eastman, Dillon & Co, and associates underwrote the public sale of the 750,000 shares of additional 8- $1.25 Stationery Corp.. the Notes Placed Privately—The pri¬ — Sunray, which became effective 31 Vie (George), Ltd. proceeds of are 50c (quar.) common cumulative The series (quar.) Electrical With placement through Eastman, Dillon & Co. of $80,000,000 promissory notes was announced on June 26. The placement consists of two issues, one being a 2%% note for $40,000,000 due July 1, 1970 and the other comprising a 2%% notes for $40,000,000 payable in instalments 1950- 7-20 1 Co.— Weston will share. per building new notification of preferred stock pari. vate convertible (quar.) Weston (no right $1 at 0 letter a cumulative stock the par, stock equip involved. The Guaranty Securities & 7-15 $$1.20 RR. at common and Sunray Oil Corp. 6-20 $1.12y2 (quar.) preferred 7- 3 of notes ferred for preferred A (quar.) preferred A (quar.) preferred (quar.) Western Tablet 6-30 $1.02y2 (accum.) Western Pacific 7-17 (Toronto)— Insurance filed 19 common cents) offering.—V. Natural on June $12,000,000 headed The "Net 21 Western Light & Telephone Co.Vcom. 5% 10- 3 Paper— Co. Ltd., Insurance Life 10-17 50c (s-a) A 7-15 17V2c (quar.) Grocers, class 1 8- 7-12 Coal & Coke Corp $1.4o preferred Western 6-30 1 (quar.) Assurance of public cumulative ment 1958. (quar.) preferred of purchased build Larnsdall preferred B Western 7-15 Co.— preferred Virginia shares 5 amendment. authorized. 6-9 8- Foundry— (quar.) 4'/2% 4V2% 6-16 7-5 +$1.75 4.20% Western 5 7- of conditions, 6-15 l$1.37Va —_ (quar.) West Virginia June on 5,500 underwriting 6-10 Light, Ltd.— preferred C West 3 7- 3 15c Ry._ (quar.) & Steel Power Penn Co. preferred prior shares 500,000 are this Discussing operations covering 60o shares of 6% shares 6-30 20c (quar.) Michigan 7% 7-15 25c 62V2c & Power preferred There vately—The company on June 15 placed privately $500,000 of 4% sinking fund debentures due May 1, 1965,— V. 171, p. 2515. Ltd. Kentucky 7%. 7- 62V2c — (quar. Wesley Mason Mills, Ltd.. 5%% West 8- +10c Waterous, a 99,000 Pringle, a director and Adrien C. Pellatier, Vice-President Suburban Propane Gas Corp.—Debentures Placed Pri¬ (quar.) common Falls after of J. 6-30 (quar.) Cedar sale present 7-10 $3.50 Pictures, Waterloo shares 330,000 William 7-15 (s-a) preferred hold (par on the company's property. incorporated in Washington on April 27, 1950, to and equipment from Frank L. Rice, and company covering 1970. 7-20 125c (quar.)___ Warner Brothers 5% the after 48%, Pasadena, 35c (quar.) Ltd A to and St., $1.12V2 7% Co., class Colorado amounting hold and to $5.12Vu arrears) stock Offered speculation" a property Illinois dent, (This (quar.) Vulcan Detinning Co., 37MjC (quar.)— preferred East 1950. SEC 25c preferred 6% Corporation, 234 Studio F, Inc., Boulder, Colo.—Files With SEC— 6-20 7-23 Director, will 171, p. 2405. share Vulcan in at stock will will hold 14%, company, other present stockholders. California in March, 1941, and and company located June, Hanisch principally by liquid assets. the stock will continue to be of 12- 1 7- 5 70% incorporated capital in represented the offices total split Mr. the 15c (increased)— the 165-to-l of was principal is offering, President company shares, of investment present the its Of 7-13 8- 8- $1.25 (quar.) Virginia Iron Coal & Coke— 4% preferred (quar.) Virginian the by The 9-11 12-11 $2 pfd. Ventures, Ltd. Ltd. that so held $1.25 (s-a) Vapor Heating Corp., 5% 6% preferred (quar.) Viau, 8- 1 8- 50c 12'/ac - Corp., tions After Extra Valspar sold Products Corp.— (quar.) The shares the a publicly offered "as for exchange With SEC— share one will involved. Calif. Trust was lease, during Texas vitamin States which method rather fession 7-15 7-15 7-14 this Stuart throughout common offering participation public 10c 17J/2C 50c 8. Common operations the escrowed at stock above in owns public The stock such his exclusive services as General Manager of the company. It capitalized for 2,000,000 shares, par 5 cents each, of which Mr, Rice 600,000 shares, the only stock outstanding and which has been is June 29 publicly offered 99,000 (par $1) at $10 per share. The proceeds will go to selling stockholders. 6-23 6-15 United Stockyards May 22 on common company offered on common of obtain company forms Stuart Co., Pasadena, Calif. "ethical" (quar.) of future purchase group 7-15 7- 3 preferred for The increase the Stock Offered— 87V2c $3.75 U. „ all William R. Staats Co, stock. *7% — in June on stock shares of 7-15 7-12 75c declared was company a 8-31 quar.) (increased five 1949 shares The Refining & Mining— dividend No 6% first in has invested approximately advertising, and Mr. Hill stated for reducing this appropriation.—V. 171, p. 2102. reason (The) 9- 8 preferred <quar.»_. com. U. 8. Radiator Corp., the for period expenses." the years annually promote 6-19* 60c r same 7-15 20c — profits $298,000 of 7% cumulative preferred stock $100 per share), each share to be accompanied .par 6-19* 25c (quar.)_ < resumed declared of control three past no The Pipe & Foundry Quarterly Quarterly U. Company 1 8- 7- 6 — Industrial net the covering 6-26 7-14 20c B Guarantee U. 6. 50c 60c iquar.i in with decrease in sales. 1% President, "strict the saw Jr., common class A increase an compared as or shares Monday, July 3, 1950 . . through Its officers and directors. The proceeds are to be used to perform development work on the company's gold and silver mining properties situated on Sunset, Lom¬ bard and Swanson Creeks, near Teller, Alaska, and as working capital Story-a-Day, Inc., Washington, D. C.—Files With SEC (Baltimore) Co. shows year $600,000 Hill, to For he - Paramount this a $25,000,000 United New Jersey Railroad <fc Canal Co.— United of lace of corporation 6-20 50c +75c (final) Ordinary registered 7- 3 $2.50 6% class A preferred (quar.) United Molasses, Ltd.— corporation months Investments, Ltd.— . Teller Mining Co., Inc., Spokane, Wash.—Stock The ■ 75c share) Ud'ted » Tele-Tone, will receive 22.500 his holdings of Rico stock. Corporation and Investment News 7-11 • ■ divi¬ 1950 the 15c quarterly level the paid Feb. 1 and May 1, to General 7-11 15c basis■ Class B (this payment Is Intended to bring up Holdera 1 15c 15c Issue l this B quarterly When Payable of Rec. Chronicle fellows: stock. In 1941. $5; in 1942. 1943 to and including 1949, $2.50 each year.—V. 171, p. $5; 2515. either The company also has entered into an agreement for of Rico Television Corp., of Hato Rey, Puerto Rico, issuance of 50,000 shares of Tele-Tone common outstanding common stock of Rico. Sol. W. purchase through the ip exchange for Gross, President of stock the the U. S. Oil Co., Reno, Nev.—Stock Offered— The mon pay company stock at in par May, ($1 for drilling and 1950. per share). development The of four proceeds oil are and/or to gas be lease used to blocks, Volume 172 Number 4921 . The Commercial and Financial Chronicle ... approximately 677 acres in Coleman County, Texas, and consistUtgof for working capital. The company was . gressing according to schedule although-th®. expenditure of $7,630,000 the first quarter was somewhat less than had been budgeted. However, the two major additions to the generating capacity intended lor completion in 1950, i.e., the 60,000 kilowatt addition, to the Bremo The company proposes to issue to five individuals 13,078 consideration of their assignment to the corporation of and thereto tion above-mentioned oil and the to all leases. gas Plant and the 40,000 kilowatt addition to the Reeves Avenue plant will be completed and put into operation in June and shares in respectively, their addi¬ In sold the to proposes company any. The office 1674. corporation's Nev.—V. 171, p. is dividend share. : located 252 at ' ' West • . First < .. Stret, part Reno, this abled each for less after 20 years United States 171, The corporation's 188,560, 10, there 1950, 5,473 since The The is stocks. its of Van Sweringen Young and Mr. stock mon Mr. 1G9, fall Net ry. Operating Oper. and taxes__ Int. dividend Preferred 6,925 195,278 income Ealance for 282,636 2,782,347 $570,774 $8,928,457 ry. CONSTRUCTION involves the of _____—$7,394,425 PROORAM—The Period End. May 31— revenues Net oper. revenues expenditure of an estimated . Net ry. 1,309,345 901,312 Net income —V. be available Gross 1948 ry. from 1,115,481 15,468,097 income... 2,934,737 3,714,784 poration It 6,613,105 4,061,640 located The $9,004,971 $7,558,618 $8,506,856 1,404.141 2,173,487 2,269,320 1,044,059 643,512 866,303 973,931 construction The which program 16,611,671. 14,895,211 2,851,162 15,964,210 3,043,764 2,257,865 1,239,753 1,525,904 808,514 366,257 2,277,313 shares 8 were will not this at the of company the 20,000 remaining and its shares 13,193 unsub ¬ time. for out of the 29,891 shares offered at $28.25 per share which expired on through rights by Drexel & p. 2142. placed 171, The of out shares share. issued be employees 6,807 per not subscribed 31— Co. $J2 at per 1950—Monti—1949 0944,237 Sales 40.283,079 36,749,394 6,363,574 42,657,193 38,928,698 9,513,075 11,567,864 share the booka and 2,153,319 4,720,569 , 1950—5 Mos,—1940 $1,271,330 $5,573,129 $3,974,920- 11,465,362 3,514,249 income.__ 5,072,955 —V. 171, p. 1698. Wisconsin Power & Light Co.—Acquisition Authorize# Warner & Co., Inc.—Opens New Ware¬ Federal President, announced June on 26 involves the opening of a will be utilized Tho completed localize some manufacturing operations meeting which was scheduled to this on be he!d $560,500 pay D'vision Wisconsin 22 authorized this company subject is Power's electric Lafayette counties. Wisconsin adjustments for the facilities. to to, contiguous oresentlv ano The system. interconnected acquisition by the Wisconsin P. S. Commission on May 8.—V. was 171, p. ap¬ 2614. Wisconsin Public Service Corp.—Partial Redemption— site. The operation of series the the and intends to file a registration statement with corporation has called for redemption on Aug. 1, 1950 through $105,000 of first mortgage bonds, 31/a% plus accrued interest., Payment will bo made at the First Wisconsin Trust Co., trustee, Milwaukee, Wis., or at the option of the respective holder: at the Chase National Bank.of June 29 on approving the change of name of the corporation to WarnerInc., and the reclassification of its presently outstanding stock was postponed until July 14. STATE AND June on in Wisconsin designated as the PlattevilloLight & Power Co. (Wis.). The merger one-story 5>/2-acre plot. corporation Commission Interstate electric facilities in Grant and will proved building with 50,000 square feet is It is contemplated that at a future rMe the of Plattevihe with, a Power properties acquire Division Power may that for $28.25 White's Auto Stores, Inc.—May Sales Up 34.6%— covering the public offering of not less than 325,000 shares of its SEC $37,500,000 is generally pro¬ of 17,176,577 _ announced at Period End. May on Hudnut, classes __ $8,024,707 2,472,442 icome stockholders' vote 680,782 subscribed 1,673 shares c.osed.—V. 1947 2614. a had them to stockholders May 1948 in Los Angeles, Calif. This facility warehouse and distribution point for products of the cor¬ and its subsidiaries in the far west and on the Pacific Coast. on recently was ofiered to 1949 railway corporation $3,273,426 843,419 501,286 2350. p. subsidiaries RR.—Earnings— newly 1947 $3,517,557 income— oper. 171, scribed warehouse This 1948 $3,825,601 863,300 394,697 White Dental Mfg. Co.—Subscriptions by Employees— Eobst, as 1949 $4,075,511 1,459,152 792,523 1,130,931 14,224,518 4,386,707 2,755,411 railway. railway. from ry. —V. house—Change in Name and Financing Postponed— new RR.—Earnings— _ railway oper. income— Net $3,693,735 1,814,560 1.150.929 (William R.) initially 2,487,290 4,530,743 railway_r_ from 1947 $3,828,760 1,742,314 5,683,991 H. 6,016,405 3,561,438 1950 from Net 1949 15,881,816 p. $18,911,133 2,940,392 1,791,318 From Jan. 3— $3,614,035 railway 171, 668,531 May— Gross 4,174,999 oper. 663,095 445,609 171, p. 2406. Net 11,853,313 from __ Western Pacific through competitive refunding mortgage finance the construction to income. oper. 1950—5 Mos.—1943 $3,705,986 $15,314,610 1,076,373 4,355,853 $3,737,806 to $1.49 1950 line Co.—Earnings— 1950—Month—1949 Operating $2,947,131 railway railway from —V. $4,956,754 $1.90 stock common Western Maryland Ry. Thus $4,000,- equity. 1— oper. ry. 1,447,355 stock common stock From Jan. 1— $6,404,109 1,584,032 $11,710,804 requirements share per stock being the number of common railway.___ railway from to Earnings re¬ deben¬ 1950 Net $9,439,731 Dr77,674 $812,460 amortization. and Net debt to for common 2614. p. from Gross $9,362,057 2,957,948 $853,410 Washington, D. C., 'metropolitan area. * The $1,360,000.—V. 171, p. 2614. ; " company on June 22 The Dr3,456 carry proceeds of the sale to 1.423,573 958,748 Wabash Higher— $856,866 $11,703,879 $1,007,738 Balance the stock, 826,551 oper. Net 9,803 (net) income will proceeds income Jan. Eimer Other has .pipeline additional 20-mile to Tiled a letter of notification with the SECT covering 1,406 shares of capital fitock to be offered stockholders at the rate of one share for each two shares held at par ($50 per share). The proceeds will .be used to. pay loans. expects to offer $20,000,000 of first and May— also $997,935 the cost The 1950—Month—1949 1950—12 Mos—1949 $4,995,066 $4,491,901 $58,680,986 $53,214,640 3,997,131 3,635,035 46.977,107 43,774,909 revenues.. oper. to to subsidiary, a a designed Md., Western Carolina Telephone Co.—Files With SEC— 171, p. 2350. Gross 31— gas The sale of convertible into the called debentures. company from ry. —V. held $1,680,000 of debentures and stock of Cleveland Terminals Building Co.— revenues fcxps. Net the railway from is Co.—Earnings from common funded railway oper. Net Control— Electric & Power Financing- Virginia of the 1950 Net Period End. May net from from Net Plans New shares conversion of to 31,: 1950. called converted were redeemed were prior $4,000,000 of its 3 V* % debentures exceeding Net Corp. Kirby shares of capital p. 2758. 241,111 V. entire for $1,866,870 in equity the company on Jan. 1950, 15,384 stock common May— Gross contro'led by Mr. Young, received holdings of 124,458 shares of the new com¬ which 2, not Net Inc., Rockville, and estimated is Net recent Industries, natural per Virginian Ry.—Earnings— announcement, made on May 10, control of this corporation, owner of the Cleveland Terminals group of building, had been purchased by J. W. Galbreath, Columbus (O.), realtor, from Pa the Industries Inc., which owned 72% of the stock, and lrom Robert R. Young and Allan P. Kirby. " Pathe the called this From a the cf The Gross to Chillum applied in 1950, 1950, for Van Sweringen Corp.—New According of program.—V. 171, 2515. p. $100.62 of were debentures and the conversion privilege attaching to them it expected that substantially all debentures would be converted prior the expiration of the conversion privilege on June 30, 1950. bonds. as of these dividend record dates with 243,551 three months before, in both duplication of holders of both classes of approximate total increase was 5,312 holders.—V. 171, The stock of May Early bidding 248,863 comparing allowing price a this the to stockholders of number total about of was were instances received sale 31, 1950, only $2,968,500 of the debentures remained out¬ standing and the directors have called all these outstanding debentures ior redemption on July 10, 1950. In view of the present market price 1949. 4, corporation's preferred stockholders of record May 1, 75,546, a decrease of 442 since Feb. 6, 1950. On Feb. 6, 75,988, a decrease of 159 since Oct. 31, 1949. totaled there Nov. it the from stock, March on $256,400 which As increase of 5,754 182,806 common were which ior 000 was transferred from stockholders of record on May 5, 1950, since Feb. 10, 1950. On Feb. stockholders, an increase of common an preferred All for numbered increase shares not issued of Stockholders— Steel Corp.—No. new to underwriters 2614. p. order except below 25. If an employee Is permanently dis¬ of service, he will get at least $60 a month, re¬ age.—V. stock proceeds tures. year gardless of net retire demption plan for this company was approved by stockholders at a special meeting held on June 28. The plan guarantees at least $100 a month, including social security, to employees retiring at 65 after 25 or more years of service. If an employee has less than 25 years' service, but at least 20, his minimum monthly pension will be $4 George's Gas Corp. of Chillum, Md., the FPC for authorization to build to between . pension new Washington Gas Light Co.—New Pipeline— Prince existing short-term bank debt and the balance is being applied currently-to the-financing of the construction program. United States Rubber Co.—New Pension Plan— A preferred The to In * (Norfolk) December, planned. as FINANCING-—On March 14, 1950 the company sold to underwriters in a negotiated transaction 180,-000 shares of a new issue of $4.04 issue ... & applied to'the officers, directors promoters, for promotional services, one share for each share for cash on the present offering and on subsequent offerings, and if in stock. l£ is anticipated that such shares will be offered pub¬ licly by a nation-widev.group of underwriters headed by F. Eberstadt Co., Tnc.^-V. 171, pi 2515. • J common .during r organized in Nevada on April 4, .1950, and has an authorized capitalization of 1,000,000 shares, of common stock (fully paid and non-assessable), par Si. interest (53) -5» due the sinking fund, 1978, at 101.93.% City of New York, 11 Broad St.. New York, N. Y„ or at Harris Trust Savings Eank, 115 West Monroe St., Chicago, 111.—V. 171, p. 2407. CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS Dated Aug. 15, 1950. Denomina¬ $1,000. Principal and interest (F-A) payable at the County ALABAMA Jefferscn tion County (P. O. Treasurer's Birmingham), Ala. Wan ant Offering—I. F. mons, Secretary Board of sealed on of Sim¬ County the Legality ap¬ proved by Orrick, Dahlquist, Neff & Herrington, of San Francisco. Education, will receive until bids 11 for 6 $800,000 warrants. nomination $1,000. Due from inclusive. 1951 1968 to Blythe, (CST) a.m. the purchase of capital outlay school Dated Aug. 1, 1950. De¬ July Aug. 1 on Le¬ gality approved by Storey, Thorn- office. Sale Bond June 27—v. 171, p. 2655—were awarded to Hannaford & Talbot, of San Francisco, as 2V2S, at a price of par. The second highest bidder was John Nuveen & Co., for 3]/4S, at ?, price of 100.53. dike, Palmer & Dodge, of Boston. Ceres. Mountain Brook, Ala. Sale—The Bond $342,000 school bonds offered June 2556 were — 171, p. Dean Berney to Perry & Co., of Birmingham, and Associates, on a bid reflecting a net interest The second cost of about highest First National Bank, and ing Associates, a net on interest a 2.37%. bidder was bid reflect¬ of previously as noted in v. 171, p. 2351, were sold at a price of 100.08, a basis of about 2.42%, as follows: 2V4S. as from 47,000 about 1951 to 2V2S. as from 1960 to Due on 1959 Due 15 June 15 CALIFORNIA (P. County School District O. Oakland 7), Calif. Bond Offering — G. E. Wade, County Clerk, will receive sealed bids until 10 a.m. (Calif. DST) on County Sch. Dists. Fresno), Calif. July 5 for the purchase of $118,000 building coupon or registered bonds, divided as follows: $51,000 Due Alviso on Sch. Aug. Dist. bonds. trict on Aug. 15 from 1951 to 1964 inclusive. Due Aug. on Kingsburg joint school district bonds. 1 union Due on Aug. 1 from 1951 to 1975 in¬ clusive. Dated Aug. tion composed of Blyth & Co.. Security-First National Bank of Los Angeles, both of Los An¬ R. H. Moulton & Co., of San Francisco, William R. Staats Co., of Los Angeles, and Redfield & Co., of Pasadena, as follows: geles, Sch. Lake Dist. price of 101.96, a basis of about 2.31 %. 50,000 Little Lake Sch. Dist. bonds, as 2V4S, at a price of 101.31, a basis of about 2.07%, bonds, 2V2S, at as a Additional Sale—The offered & Sch. Heights June 27 awarded to $50,000 La Dist. bonds on R. same H. Co., of San Francisco, a price of 101.05, a date Moulton as 2V4S, basis of $1,000. 1, 1950. Principal Denomina¬ and inter¬ 2V2S, at a Parlier Sch. Dist., Fresno County (P. O. Fresno), Calif. Ofering— E. Dusenberry, Bond I, 1950. Denomination $1,000. awarded to a June 26 syndicate tional Trust & Savings Sch. Banbury), Conn. $650,000 Park O. — The June 26 bonds offered awarded were the to Union Se¬ were com¬ Associa¬ tion, Dean Witter & Co., both of San Francisco. J. A. Hogle & Co., of Los Angeles, Lawson, Levy & Williams, of San Francisco, and C. N. White & Co., of Oakland, as 2*/2s, at a price of 101.71, a basis of about 2.30%. The second high¬ est bidder was Blyth & Co., R. H. Corp., of New York, and the Equitable Corp., jointly, as 1.65s, at a price of 100.23, a basis of 1.62%. GEORGIA Bond Due Aug. 1 from 1951 to 1955 inclu¬ sive. Principal and interest (F-A) jn payable at the County Treasurer's 171, LaGrange, Ga. Sale—The $1,400,000 2.%% bonds school offered June 27—v 2556—were awarded to a composed of Trust Company p. group of jffice. Georgia, Citizens & Southern National Bank, Clement A. Evans Santa Paula Elementary Sch. Dist. & Co., and Milhaus, Martin & Co > all of Atlanta, at a price of 101.26, (P. O. Ventura), Calif. Bond Offering—L. E. Hallowell, a basis of about 2.122%. County Clerk, will receive sealed bids until 10 a.m. (Calif. DST) on July 11 for the purchase of $500,building bonds. Dated Oct. 1, 1950. Denomination $1,000. Due 000 on Oct. 1 from 1951 to 1965 inclu¬ sive. Principal and interest (A-O) payable at the County Treasurer's office. ILLINOIS Champaign County Community Unit Sch. Dist, No. 4 (P. O. Champaign), III. Bond Superintendent receive (CDT) Connecticut Note housing, June 28 awarded Sale — Series — v. to B from $15,000,000 offered notes 171, p. 2656 the Chase sealed on — of bids July 14 E. H. Mellon, Schools, until for 8 will p.m. the pur¬ bond& Dated Sept. 1, 1950. Due on (State of) The Offering chase of $355,000 building CONNECTICUT Sale—The $400,000 school offered (P. Sale Bon* Ave. on July 18 for the purchase of £30,000 building bonds. Dated Aug. California Bond bonds Danbury County Clerk, will receive sealed oids until 10:30 a.m. (Calif. DST) County (P. O. San Bernardino), posed of the Bank of America Na¬ bonds. from 1955 to 1970 inclusive. 300,000 67,000 Newark Sch. Dist. bonds. syn¬ Needles Sch. Dist., San Bernardino Offering—E. $33,000 Orange Center school dis¬ 15 from 1951 to a O. follows: 1975 inclusive. Due (P. Dusenberry, County Clerk, will receive sealed bids until 10:30 a.m. (Calif. DST) on July 11 for the purchase of $333,000 building bonds, divided as to about 2.12%. Bond Alameda 2655—were awarded Security-First National Angeles, jointly, for price of 101.03. Los curities Sale—The $550,000 build¬ dicate at inclusive. Dists. and Bank, ing bonds offered June 27—v. 171, were inclusive. on 1969 June 2.38%. Fresno Angeles County Sch. Bond Moulton & Co., William R. Staats Co., (P. O. Los Angeles), Calif. Verne $33,000 Birmingham, cost $80,000 1950 bonds purchased by Witter & Co., of San Fran¬ cisco, 26—v. awarded sewer Los $500,000 Little Calif. Details—The Sale Bond payable at the County (F-A) Treasurer's office. p. The $50,000 sewer — bonds offered Calif. est — were National Chemical Bank & Trust Co., and Salomon Bros. & Hutzler, all of New York, jointly, as fol¬ Bank, lows: 7,500,000 as 0.92% interest, a premium of $97. cipal and interest (M-N) payable at a place designated by the pur¬ chaser. Legality approved by Chapman & Cutler, of Chicago. Cook Bond $7,500,000 as 0 91% interest, plus a premium of $97. plus Nov. 1 1951 to 1968 inclusive. Prin¬ County (P. O. Chicago 2), III. Offering—Richard J. Daley, County Clerk, will receive sealed bids until 10 a.m. (CDT) July 11 for the purchase of $15,000,000 superhighway, Series on 54 (54) B The Commercial and Financial Chronicle bonds. coupon 1950. Dated July 1, Twp. (P. O. Dover), Ind. $1,000. Due July 1, 1970. Principal and in¬ terest (J-J) payable at the County gess, Treasurer's ceive Bond office. Legality ap¬ proved by Chapman & Cutler, of Chicago. President of the Dated June $1,000. to 1, 1950, Denomination Due 1969 Dec. on from 1951 Principal inclusive. 1 at such other trust or Legality ap¬ by Chapman & Cutler, of proved 1 Community "High Sch. Dist. No. 307 (P. O. Morrison), III: awarded Bank, to the First National of Chicago, as l%s, at a price of 100.80, a basis of about 1.67%. Dated Jan. on July 1, 1950. Due from 1952 to 1070 in¬ 1 clusive. Legality approved by Chapman & Cutler, of Chicago. Due Dated July 1, 1950. of of 100.05, basis of about 1.98%. a drainage 171, —v. the to bonds offered Martinsville, 5s, as Bank, at 26 awarded National of price of a Offerin g—Robert City Clerk, will C. receive Boone Twp. No. Co., of Cin¬ at price a about 1.70%. O. F. (P. R. 1, Summitville), Bond Offering Mahan, sealed IndV Mc- Trustee, "will bids until 2 p.m. (CST) on July 5 for the purchase of $86,000 school bonds, divided as July 1 from 1952 Due to 1966 in¬ on in¬ clusive. Dated June Denomination $1,July 1 from 1951 to 1, 1953 inclusive. Principal jan. on interest and oank (A-O) payable $1,000. 1950. Denomi¬ Interest J-J. Le¬ gality approved by Ross, McCord, Ice & Miller, of Indianapolis. Greene County (P. O. Bloomfield), Ind. Bond Offering —A. M. Mc¬ Laughlin, County Auditor, will receive sealed bids until 10 at company to be by the purchaser. Le¬ nomination $1,000. Due on July 1 from 1951 to 1968 inclusive. Le¬ gality approved by Ross, McCord, Miller, of Indianapolis. Ice & Hammond Sch. City, Ind. 3ond Sale provement June 28 — The 1950 v. — srded to 171, the $525,000 im¬ bonds p. 1950 bonds 171, $1,000,000 offered June sewer 2558—were p. Chase 28—v. awarded to National Bank, and C. Devine & Co., both of New York, jointly, as iy4s, at a price of 100.34, a basis of about 1.16%. — second for was Halsey, Stua & iy2s, at a price of highest t & Co., 100.30. IOWA Alta Con. Sch. Indiana Sale — The $16,367.80 drainage were bonds offered June 26 awarded to the First Nation¬ al Bank, of Martinsville, as 5s, at price of par. Dated July 1, 1950. Denomination $1,000 and $273.56. a Due on July 1 from 1951 inclusive. Interest J-J. to 1955 Legality approved by Ross, McCord, Ice & Miller, of Indianapolis. were ing bonds offered June 27 were awarded to the Citizens First Na¬ tional Bank, Commercial Trust & 1 1959 inclusive. The for l3/4s, at Bond Dit., Iowa > Offering—H. E. Boehnke, Secretary of the purchase 1950. $98,000 of bonds. Due awarded $49,000 offered to June June Legality approved by Bannister, Carpenter, Ahlers & Cooney, of Des Moindsr. the White-Phillips Co., of Davenport, and the IowaDes Moines National Bank, joint¬ ly, 2s, as at price of a highest bidder Bank of price of on Rubio was Brighton, a for are bonds. Dated Nov. clusive. 1, 1950. from 1 1951 (M-N) Nov. 1 from 1, 1951 1950. to 1969 inclusive. Legality approved by Chapman & Cutler, of Chicago. Castana, Iowa Bond Sale—The $5,000 street improvement bonds offered June 517,000 office. ton Trust & Savings Bank, Mapleton, for 5s, at a price of 102.04. Chickasaw County, Ionia Benefited Water District (P. O. New Hampton), Iowa Bond Offering — Ruth 000 special Eated Jan. from assessment 2, 1951. 1952 to Due 1961 bonds. on Jan. inclusive. Principal and interest payable at the County Treasurer's office. Dunbar Con. Sch. Dist., Iowa Bond Sale—The $11,400 build¬ ing bonds offered June 26 were awarded Co., of to Bond Offering price of 100.02. est The second high¬ bidder was Vieth, Duncan & Wood, for 2s, at a price of par. Legality approved by H. N Rogers, of Des Moines. 1 Sale—The funding 1 at 1950. until of about Thompson, Parish School receive sealed bids (CST) on July 12 purchase of $400,000 bonds. Dated June 28 Bank, of County (P. Newport), Ky. Offering receive sealed bids Notes Clerk, until 10 will a.m. July 10 for the purchase of $900,000 hospital bonds. Dated Jan. 1, 1949. Denomination $1,on Jan. inclusive. 1 of by Chicago. at jy place to a the purchaser. proved pay- designated Legality ap¬ by Charles & Traueinicht, of St. Louis. / Note Sale—The $80,000 revenue notes offered June 28 were award¬ ed the to Dated count. Nov. 9, MAINE from 1953 Sale Note notes* 171, p. 2557— awarded to Estabrook & Co., Boston, 100.55, as 2s, at a price of basis of about 1.93%. The a second highest bidder was First National a Bank, Boston, for 2s, at price of 100.37. Note Sale Principal and in-- offered the June National Bank of MARYLAND Ky. Bond Sale—The $125,000 water, revenue awarded 171, to the .bonds p. offered 2451—were Security & Bond Co., of Lexington, at a price of 103.00, a basis of about 2.46%, as follows: $43,000 as from 82,000 Bonds 1951 as from 2Vzs. Due to 2%s. on 1958 Due Dec. 15 inclusive. on Dec. 15 1959 to 1970 inclusive. are dated • June 15, 1950. Denomination $1,000. Du* on Dec. 15 from 1970 inclusive. Principal and interest (J-D) State mond. Bank & payable at the Trust Legality Co., Rich- approved by Bond Sale—The bonds Bedford 171, v. 2657—were awarded to p. Series DDD 171, p. of Chase National C. & Co., and Hutzler, at plus a premium Bank, Salomon 0.97% 2.17%, as $40,000 as from 100,000 from 120,000 1963 *:240,000 from par, basis a of about follows: 4s. Due 13/4s. 1956 as to as to on Due 1962 2s. Due July 1 on on July interest, Norfolk 1970 to & County (P. O. Dedham), Massachusetts Offering receive (DST) — Raymond C. County sealed on Treasurer, bids until 11 July 5 for the pur¬ chase of $150,000 tuberculosis hos¬ pital maintenance July 5,-1950. ' 1951. North Note offered were Sale Due notes: on Dated April 10, Adams, Mass. — The $100,000 notes June 28—v. 171, 265.7— p. awarded to the First Nation¬ inclusive. 1980 on July 1 are National dated Denominations 000. inclusive. Merchants Bank, Boston, at 0.82% discount. Notes July 1 from Due Bank, of Boston, at 0.81% dis¬ count. The second highest bidder was 1 1969 inclusive. 2V4s. Devine Bros. al 1952 to 1955 inclusive. as J. of $7. Securities Corp., First of Michi¬ Corporation, and Laidlaw & Co., all of New York, jointly, at a group composed gan of Housing Authority, Sale—The .$955,000 Third Series notes offered on June 29-v a.m. $500,000 water offered June 28—v. price at a about Note will O. 2557—were awarded to the Union a of July 1, 1950. Due from 1951 to 1955 in 1 Warmington, Arundel County (P. Glen Burnie), Md. and sewerage system, lV4s, elusive. Note Richmond, as basis a were National Massachusetts The $600,000 notes 29 were awarded to — Bank & Trust Co., of Portland, at 0.872% discount. The Anne 22—v. July on Home Milford, 100.01, sewer 22* Dated Me. Casco Louisville. gas of 1.24%. $13,100 June the to of price on Mass. The — offered Bank, New Portland, July 6, 1950. Due Milford, John $80,000 awarded Of National Bank, price of 0.67% dis¬ 1950. Me. Bath, Sale—The to Chapman & Cutler, Second of Boston, at a awarded to the Bankers Bond Co and dis¬ Manchester, Mass. (J-J) be Commerce, of Portland, second high bidder, Casey County Public Hospital named a rate of 0.874%. Corp. (P. O. Liberty), Ky. Notes are dated July 5, 1950. Bond Sale—The $40,000 hospital Due on Oct. 6, 1950. Legality ap¬ first mortgage bonds offered proved by Ropes, Gray, Best, June 27—v. 171, p. 2656—wdr Coolidge & Rugg, of Boston. June 0.76% at due Feb. 28, 1951. Le¬ are dike, Palmer & Dodge, of Boston. were on Due to National count. offered June 22—v. O. Ray G. Lay- — Court Boston, notes awarded Rockland-Atlas the gality approved by Storey, Thorn- Boftd County $500,000 were July 1, 1950. Aug. 1 Aug. 1, 1970. In¬ on the a.m. Dated Campbell 1979 Merchants Mass. Lynn, Sale—The offered E. L. Huse Memorial School bonds 000. the to bonds 2657— p. 1.54%. Note will 10 the auie Martin Green — bonds. Due (CST) 171, Bank, of Boston, as l%s, price of 100.69, a basis of a O. Rayville), La. (P. terest F-A. field, $260,000 June 29—v. awarded were National July on Bond offered July on Due Principal and interest bids until 2 p.m. (EST) on July^ for the purchase of $25,000 re¬ the White-Phillips Davenport, as 2s, at Offering—Eugene L. Bond, Denomination $1,000. Due on July 1 from 1951 to 1970 inclusive. County Clerk, will receive sealed of Maurer, County Note Chairman, will receive sealed bids at the office of the State Housing 1 1975 inclusive. Bond Offering—J. B. Board, ap¬ approved Bank, of price of 104.77, a basis of about 4.01%. The sec¬ ond highest bidder was Maple- Due to July on inclusive. 1960 23/4sl as District Legality Onawa, a 1961 Secretary terest payable at the American National Bank, Newport. Legality 5s, at Due to 2V2s. as interest 26—v. 171, p. 2656—were awarded to the Onawa State as 1951 from in¬ KENTUCKY Savings 2s, at a May $1,000,000 sani¬ 2%s. as 332 000 Due 1969 to Principal apd payable at the Bond dated Greenfield Housing Authority, Massachusetts • (CST) on July 6 fflF5*"-' lrom 1976 to 1990 inclusivethe purchase of $160,000 building Richland Parish Sch. Dist. No. 1 par. Bonds Due 100.04, The second Bank, Boston, at discount. 0.99% p.m. County (P. O. Pineviile), Ky. were highest National & from Offering—Donald R. BoySecretary of the Board of Di¬ rectors, will receive sealed bids on second 1 bonds offered June 27! Board, 18 Tremont Street, Boston, sewer >151,000 " Bond 2 of until 11 a.m. (DST) on July 6 for the purchase of $810,000 fourth Co., First of Michigan Series notes. Dated July 17, 1950. Corporation, of New York, Weil & Due on Jan. 31, 1951. Legality ap¬ Arnold, of New Orleans, and Mul- proved by Donovan, Heenehan & aney, Wells & Co., of Chicago, at Hanrahan, of New York City. i price of 100.02, a basis of about 1.68%, as follows: Haverhill, Mass. to Washington Indep. Sch. Dist., Iowa Bank, discount. The bidder was Mer¬ 0.95% at 171,.p>.235J—were awarded to syndicate composed of Halsey, i 1, 1951 from 1 awarded to were Shawmut chants July on National the Boston, /"' Stuart inclusive. 1969 a build¬ 26 Due June 26 —v. building Dated Dec. on Bell Sale—The bonds 1 1970 inclusive. 1967 to Bond Sale-^-The tary School Board, will receive sealed and open bids until 1 p.m. (EST) on June 30 for price of 100.53. ing July on River, Mass. Sale—The $1,000,000 notes Note offered Monroe, La. Sch. First Trust & Sav¬ Alta, 1 second school Bank, July interest cost of. about 2.48%. 101.71. Con. July 6 for the purchase of $275,000 school coupon bonds. Dated July 15, 1950. Denomination $1,000. Due on July 15 from 1951 to 19/0 inclusive. Principal and interest both highest bidder was White, Hattier & Sanford, and As¬ sociates, on a bid reflecting a net Chicago. ings Due 2V2s. as from price of 100.53. high¬ to 2J/4s. as 150,000 sec¬ for The second Co., 'vwf Ventura Town Treasurer, will receive sealed bids until 11 a.m. (DST) on Scharff & to from 1960 to 1966 inclusive. proved by Chapman & Cutler, of was p. Chap¬ Gerard — man, Fall 1951 224,000 price of a 171, on as from highest bidder was Northern Co., Chicago, and Quail & Co., jointly, for 2s, at 27—v. Due from The $600,000 school June 23/4s. $226,000 Treasurer's est bidder Tallulah), La. O. Sale—The Offering follows: as Trust until Dist., Iowa Bond Sale—The $150,000 build¬ 2 l.endricks County (P. O. Danville), Bond Nov. 2 & Des and No. Dist. Weil er, were Trust 27 J. offered 2566 Harris Bank, of addition Ind. Auditor, will receive Sev'ngs Bank, of Chicago, as 1 y2s, ! sealed bids until 2 p.m. at a price of (CST) on 100.73, a basis of •July 6 for the purchase of $30,about 1.36%. The bio o'er ond the Bend, Parish School awarded Moines, and the White-Phillips "Co., of Dav¬ enport, jointly, as 2s, at a price of 101.71, a basis of about 1.84%. a gality approved by Miller, Canxield, Paddock & Stone, of De¬ a.m. (CST) on July 18 the purchase of $100,000 county hospital 1950 bonds. Dated July 1, 1950. De¬ av of trust or designated basis of about 1.99%. 1, June inclusive. 1950. & Mass. Dennis, Bond payable at the Second National Bank of Boston. Legality ap¬ of proved by Storey, Thorndike, Pal¬ New Orleans, jointly, at a price of mer & Dodge, of Boston. 100.001, a. basis of about 2.43%, syndicate composed a 1 Bond on clusive. 43,000 Civil Twp. bonds. offered to 1970 Due Le¬ Jondif "and Harris Trust & Savings Bank, Chicago, Iowa-Des Moines Na¬ of Brighton Indep. Sch. Dist., Iowa $43,000 Sch. Twp. bonds. Due July 1 from 1951 to 1965 bonds, 11 for the purchase of $16,- 000. follows: nation ing awarded May Dated inclusive. 2244—were $489,000 build¬ to July 1, .he Sale—The Bond on 1950 bonds. 1950. De¬ on June 1 1, Due 1970 to (P. Bond Indep. Sch. Dist., Iowa 1951 aid (CST) Savings Bank, and the Security Trust & Savings Bank, all of Storm Lake, jointly, as l3/4s, at a D. Grover — Township receive of Red Oak Due 000 school June approved b.y Charles of St. Louis. Madiscn July 7 for the purchase of $36,gymnasium bonds. on (CST) 9 irauemitiit, on tional July ly51 gality received until 8:15 p.m. )ar. Parker, Dated bonds offered June 2656—were p. First Independent No. Dist. purchase of $56,000 school nomination $1,000. 1, 1950. be Sal e—The $11,989.35 Bond — cinnati, as l3/4s, 100.46, a basis of for the Sch. Dist., Iowa t Additional Sale The $12,500 Civil Twp. building bonds offered on above date were awarded to Frank E. Hailstone & on in¬ Sch. Parish Bond Offering—Sealed bids will 000 Morgan County (P. O. Martinsville), Ind. Bond Sale—The Raffensperger, Hughes & Co., Indianapolis, as 2s, at a price Due 1955 to oonds. Atkinson Denomina¬ $1,000. Legality approved by Ross, McCord, Ice & Miller, of Indianapolis. — to 1951 to xrom South Bond Sale The $8,500 Sch. Twp. building bonds offered June 23—v. 171, p. 2556—were awarded bonds. from Dated June tion Boone Township (P. O. Laconia), Ind. 1 1951 clusive. on troit. INDIANA fire fund 9,000 1966 in¬ from 1 Dec. water June offered bonds main 27-fv. 171, p. 2657 — were awarded to (P. O. Winnsboro), La. Estabrook & Co., Lee Higginson Bond Offering—W. B. Glover, Corp., R. L. Day & Co., and Whit¬ Secretary of the Parish School ing, Weeks & Stubbs, all of Bos¬ i^oara, will receive sealed bids ton, jointly, as 2s, at a price of until 10 a.m. (CST) on July 14 101.15, a basis of about 1.80%. Franklin inclusive. Dec. sealed bids until 2 p.m. Sale—The $290,000 school offered June 21 were bonds 1951 to on 1956 Sale—The Bond LOUISIANA follows: as Chicopee, Mass. $600,000 8 pur¬ $30,000 street construction bonds. Fort Bond County bonds, divided MASSACHUSETTS of Grafton, & Monday, July 3, 1950 . . Louisville. chase of $39,000 general obligation on Rockport, Ind. Con. Bond from until July 5 for the on Grafton Wyatt, bids clusive. Chicago. Whiteside (CST) sealed Due com¬ trict in the office of the Township School Treasurer. p.m. July 1 from 1951 to 1966 in¬ or pany as shall be mutually agree¬ able to the purchaser and the Dis¬ divided bonds, 65,000 Civil Twp. bonds. and bank p.m. Sch. Twp. bonds. Due July interest (J-D) payable at the First National Bank, of Lake Forest, 4 receive follows: his office, 38 South Dearborn Street, Chicago, until 10 a.m. (CDT) on July 12 for the purchase of $110,000 building coupon bonds. until re¬ Iowa Offering—The City Clerk will clusive. Education, will receive sealed bids at bids Bur¬ will July 7 for the purchase on $65,000 of Board sealed Bond W. Trustee, $130,000 school s kill, Offering—Ora Township (CST) of Lake County Sch. District No. 65 (P. O. Lake Bluff), III. Bond Offering—Edward W. Bur- Emmetsburg, Jefferson Denomination on . ity Due on June $50,000 27, IPSO. and $25.- Nov. 10, 1950. Legal¬ approved by Storey, Thorddike, Palmer & Dodge, of Boston. Volume 172 Number 4921 . . The Commercial and Financial Chronicle . (55) Northampton Housing Note Offering Farrar, bids will the at payable at trust company to Frederick A. — Chairman, sealed terest (A-O) Authority, Massachusetts • of of Detroit. the Ida Frac. Twp. paul, District ceive sealed (EST) Secretary, will bids July on Somerville, Mass. Tague, City ceive bonds. Treasurer, sealed bids will until J. 1 re¬ 11. Dated nomination from until June 1, $1,000. 1951 to 1950. and chaser. Due on Jan. 26, 1951. Le¬ gality approved by Storey, Thorndike, Palmer & Dodge, of Boston. Miller, $50,000 able S25,000. at bank a be trust or designated De¬ pay¬ company by Legality the pur¬ approved by PaddocK & Canfield, Stone, of Detroit. Lincoln Park, Mich. MICHIGAN Bond ceive sealed (EST) bids until fered Kase7 Sattley jointly, July 5 for the purchase of $83,000 local imorovement cou¬ pon bonds. Dated July 1, 1950. De¬ Offering born, cial Olm¬ (EST) bonds. from July 1 sive. at to pany 1951 to bank a 1 inclu¬ 1965 trust or designated be by Stone, of Detroit. Sch. Dist. Twp. No. 5 (P. O. Cass City), Mich. Bond Sale—The $125,000 build¬ ing bonds offered June 26—v. 171, 2352 — were awarded to the City State Bank and the Pinney State Bank, both of Cass City, jointly, at a price of par, a p. Cass basis of about $61,000 from . 64,000 to 1 %s. from 1959 April on a about Twp. Sch. Dist. (P. Bond Secretary of the Board of Education, will receive sealed 10 until for school 8 (EST) p.m. the purchase on of —v. 171, the Bank, Mich. 2557—were p. Oceanna County Savings Hart, as 2s, at a price The second highest bid¬ Walter J. Wade, Inc., for was Sheridan, Dayton, and Garfie'd Twp. Frac. Sch. Dist. No. 6 (P. O. Fremont), July Bond bonds Sale—The offered „ trust company as shall purchaser. by. the or be named Legality by Claude H. proved bank awarded $59,000 June 26 Walter 18,000 in Berry, Stevens, Barbier & Evely, of to 2s. as from ap¬ Stevens, of Clerk, will receive p.m. (CST) on 7! i '■ ypreeborn County Indep.1 Sch. No. 38 Dist. (P. O. Albert Lea), J. Due 1951 to IV2S. as 1959 Warren Grand Rapids, Mich. Offering—R. Stanton Kil- Bond City Clerk, will receive sealed bids until 3 p.m. (EST) on July 10 for the purchase of $142,500 special assessment street im¬ provement, Second Series of 1950 bonds. Dated July 1, 1950. $1,000 and $500. Due on July 1 from 1951 to 1955 inclusive. Principal and interest (J-J) payable at the City Treas¬ coupon Denominations urer's office. Legality approved Paddock & by Miller. Canfield, Stone, of Detroit. bids 12 Twp. School Dist. No. 3 (P. O. R.F.D. No. 3, Holland), until for 11 the (CST) a.m. purchase July on of $850,000 3s, as at a Luverne, Minn. Board Offering—Secretary of the of Education will receive and light on April Coleman), revenue awarded (J-D) payable at the City Treasurer's office. Legality April 1 from 1951 Principal and in¬ & Co., Mexchancs the Trusi Co., 27—v. 171, p. Boland, of New York, and of to National Red Bank Bank, & jointly, as 2., a. a price of 100.133, a basis of about 1.98%. approved payable trust at suitable any bank or designated by the purchaser. Legality approved by Faegre & Benson, of Minneapolis. company 26 to District Clerk, will receive sealed bids until 8 (MST) a.m. a purchase pon of bonds. $150,000 Dated 1, cou¬ 1950. Principal and interest (A-O) pay¬ able at the office of the Treasurer of the the Board County Indep. Con. Middle Bond 126 option of State Bank, Coleman. Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. Wyoming Offering—S. J. choice serial of the Board of Trustees. Bredeson, until 7:30 (CST) p.m. on July 6 for the purchase of $138,000 building bonds. Dated July 1950. on Denomination July 1 from Legality $1,000. 1953 to 1975 approved by Faegre & Benson, of Minneapolis. Richfield, Dist. No. 4 (P. O. Highwood), Mont. First Michigan Corporation, of De¬ troit, as 2%s, 2V2S and 2^s. m Bond Brtmswick, N. J. Sale—The offered Bond Offering—Dale A. Miller, Clerk, will receive sealed bids until 8 p.m. (MST) on July 18 for the purchase of $35,50w tization bonds will be the first choice and serial bonds the second of the Lincoln street to a bonds offered Bond Board Trustees. of of 100.06, basis of about 1.99%. a North Plainfie'd, N. J. Bond Sale—The $51,000 general bonds offered June 23—v. 1950 171, p. 2558 —were awarded to the State Trust Co., of Plainfield, 13/4S, at a basis of about June 27 County School Districts O. Troy), Mont. Sale—The $145,200 build¬ Minneapolis, MannheimerInc., and Harold E. Wood Co., both of St. Paul, as 2.90s, at a price of 100.12, a basis of about 2.97%. Bond sewage fered were plant 28—v. awarded to a 171, bonds p. of¬ 2558— syndicate McMaster Hutchinson & E. will receive sealed bids until 8 p.m. (DST) on July 18 for the purchase of $327,000 coupon or registered bonds, dividea follows: as $42,000 storm sewer bonds. 28,000 park improvement bonds. 28,000 fire truck bonds. 1 equipment bonds. 190,000 improvement general 26,000 2l/z$, at as a improvement bonds. water Dated Aug. tion $1,000. 1951 inclusive. 1964 to Denomina¬ 1, 1950. Bonds stated in com¬ mature Aug. 1 from will Principal (F-A) payable at the Bank of Nutle.y, Nutley, or, at the option of the holder, at the Chase 8 National Bank, Leeality approved City. York New Hawkins, by p.m. Amortization 1950. the first choice bonds and will serial com¬ Co., price Chicago, as 1.70s, at a 100.55, a basis of about 1.65%. of of e r i n ceive se?led bids July on R. g—Norman Hoffman, District Clerk, will (DST) Interest J-J. O f f Bond be bonds the second choice of the Board of Trustees. until 13 for re¬ 8 p.m. the pur¬ chase of $150,000 school coupon or registered HAMPSHIRE Hampton, N. H. Bond Sale—The series A 171, bonds p. offered sewer, June 27 2658—were awarded to & Co., and Hawkins & Co., both of Boston, jointly, as 1.90s, at a price of 100.80, a basis of about nent $60,000 perma¬ improvement and equipment June offered the to 29 First were National Bank of Boston, as of 100.31, a Wis, at a price basis of about 1.158% Second high was bid of 100.10 for l%s made by Bonds are Denomination July 1, Due 1 Bond Sale—The $93,000 school bonds offered June 28—v. 171, p. Van 2558—were awarded to B. J. Ingen the & Co., of New York, and Prospect Park National Bank, of Prospect Park, jointly, as 2.10s, at a price of 100.32, a of basis about 2.07%. C. J. Devine & Co. dated NEW July $1,000. 1, YORK 1950. Due on Alexander, July 1 from 1951 to 1956 inclusive. Principal and interest payable at the Merchants National Bank, of Boston. Legality approved by rian, Thorndike, Dodge, of Boston. 1950 Storey, July $1,000. Upper Saddle River Sch. Dist. (P. F). R D. Allendale), N. J. Sale—The awarded Dated clusive. 1.83%. Portsmouth, N. H. Bond bonds. Denomination from 1951 to 1970 in¬ Principal and interest (J-J) payable at the Hunterdon County Trust Co., Califon. Legality approved by Hawkins, Delafield & Wood, of New York City. on $200,000 Estabrook bonds Minn. Sal e—The $2,800,000 disposal June Clerk, Town a Clerk, will receive sealed bids until & Rochester, 100.31, Nulley, N. J. Offering—Florence Bond Rutan, of 1.70%. Delalield & Wood, of New York City. (MST) on July 12 for the purchase of $18,000 Tewksbury Twp. Sch. Dist. (P. O. R F D. Califon), N. J. building bonds. Dated July 1,1 District —v. Co., Piper, Jaffray & Hopwood, J. M. Dain & Co., Northwestern National Bank, of price as 1950. 171, p. 2558—were awarded syndicate composed of the Egan, 171, v. — 1950 bonds. par. sewer Allison-Williams all 27 delity Union Trust Co., of New¬ ark, Laidlaw & Co., of New York, and MacBride, Miller & Co., of Newark, jointly, as 2s, at a price (P. NEW Sale—The $357,000 $850,000 water June 2658—were awarded to the Fi¬ District Minn. posed of the First National Bank, the 1.7.3%. Bond County Sch. Dist. No. 75 (P. O. Fairfield), Mont. Offering—Ole L. Verick. Sch. Dist. No. 9 of Chicago, Braun, Bosworth & (P. O. 2820 Clyde Park Ave., .Co., Inc., Harris, Hall & Co., Mil¬ S. W. Grand Rapids), Mich. waukee Co., of Milwaukee, Roose¬ Bond Sale—The $165,000 school velt & Cross, Wood, Gundy & bonds offered June 28—v. 171, p. Co., Inc., both of New York, and to a Bond District Clerk, will reecive sealed bids to d Estabrook & Co., both iointly, as 13/4S, at price of 100.09, a basis of about p. (P.O. Twp. awarded avvarued bonds 171, p. 2558 White, Weld on Teton Minn. River), of " price of of Education, or at the holder, at the a 26—v. June .3.05%. and school April Co.. of will be the first choice and second Wood, Sale—The $408,000 and interest Due Denomination $1,000. Due on April 1 from 1951 to 1965 inclusive. & bonds the & City. Morrittown, N. J. Bond July 24 for the purchase of $16,000 build¬ ing and improvement bonds. Dated July 1, 1950. Amortization bonds bonds Delafield York awarded to the State inclusive. Mich. New offcreu County Sch. Dist. No. 36 (P. O. Roscoe), Mont. Bond Offering — Ella Brown v. — Hawkins, bination 1 Bond Offering — Blanche Jones, Secretary of the Board of Educa¬ tion, will receive sealed bids un¬ til 7 p.m. (EST) on July 5 for the of on June awarded w^re — Saxxin ing and equipment bonds offered June 24—v. 171, p. 2452—were —v. $1,OCO. Due Principal $900,000 plant power 2558—were p. 1, 1960. The 171, ■ 2657—were to 1964 inclusive. from bonds olfered 2o5c> syndicate headed by John Nuveen & Co., of Chicago, on a bid reflect¬ ing a net interest cost of about 1 inclusive. 1958 and — June Twp. Coleman Community bids until 8 p.m. (EST) on July 5 for the purchase of $70,000 site and building coupon bonds. Dated June 1, 1950. Denomination sealed inclusive. 1 Interest J-J. certificates offered were Wade, April on Due Certificate Sale Sch. Dist. No. Michigan Bond Denomina¬ Dec. on and interest choice Sch. Dist. No. 1, Frac. (P. O. Coleman Holland 1965 to Detroit. patrick, Due Chouteau County Sch. Minnesota Bond Offering—Walter B. Lyon, District Clerk, will receive sealed school about 1.722%, as follows: at such 1951 1950. 1, $400,0j0 bonds. —wue July 1 from 1953 to 1968 inclu¬ sive. Legality approved by Faegre & Benson, of Minneapolis, Mich. $77,000 (M-N) payable June $1,000. July on coupon Carbon Joyce Thomp¬ on Marshall Inc., of Grand Rapids, on a bid reflecting a net interest cost of coupon Dated tion p.m. (CST) purchase of sewer MONTANA July 6 for the purchase of $63,000 building coupon bonds. Dated July 1, 1950. Denomination $1,000. Due awarded of par. der $40,000 1950. — Bank, of Hollandale, price of par. bonds. Dated July Denomination $1,000. Due on May 1 from 1951 to 1960 inclusive. Principal and interest 1, sanitary — Ander¬ son, bids inclusive. 2%s and 2V2S, at a price of 100.05. Offering—John 7 the 41 Bond Sale—The $34,000 general to O. until for son, District Clerk, will receive Holland ale, Minn. a bank or trust com¬ sealed bids until 8 p.m. (MST) on Bond Sale to be The $41,000 water designated by the purchaser. Legality approved by main improvement bonds offered July 17 for the purchase of $15,000 building and improvemen. Miller, CoifipH, Paddock &" June 28 —v. 171, p. 2657 — were J^nds. Dated Julv I, 1950. Amor¬ awarded to the Produce State Stone, of Detroit. a Gwinn), Mich. 11 (P. O. Pequot Lakes), Offering obligation bonds offered June 24 1.84%. bids payable at Pentwater, was bid reflecting 17 pany 1 inclusive. Li.tie SiiVcr Sch. Dist., N. J. Bond Sale—The $100,000 school Jr., City Clerk, will receive sealed building coupon bonds. Dated building and improvement bonds July 1, 1950. Denomination $1,000. Secretary of the Board of Educa¬ Dated July 1, 1950. Amortization | Due on Jan. 1 from 1952 to 1969 tion, will receive sealed bids un¬ bonds will be the first choice and inclusive. Principal and interest til 8 p.m., (EST) on July 12 for serial bonds the second choice 0/ (J-J) payable at any suitable the purchase of $275,000 building the Board of Trustees. banking institution designated by coupon bonds. Dated July 1, 1950. the purchaser. Legality approved Flathead Denomination County Sch. Dist. No. 54 $1,000. Due on by Dorsey, Colman, Barker, Scott (P. O. Marion), Mont. April 1 from 1951 to 1967 inclu¬ & Barber, of Minneapolis. Bond Offering—Madeline Han¬ sive. Principal and interest (A-O) of Forsyth 1955 1 April on 1965 of cost 1 Nos. sealed bids until 7 cou¬ Twp. Sch. Dist. No. 9 (P. O. Belding), Mich. Bond Offering—Nellie Johnson, inclusive. 1958 highest bidder on interest follows: as Due to second Siler & Co., net Due 1951 as The 1.81%, 2s. as 1950 Otisco the Legality approved by Canfield, Paddock & Elklcnd district to Counties District son, Dated 1951 Cass Dists. Minnesota Clerk, bonds. from com¬ purchaser. Miller, City and Sch. and * Wevant Pang- — Wing Bond Principal and interest (A-O) pay¬ able at the City Treasurer's office. Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. Principal and interest (J-J) payable a on Dated Aug. 1, 1950. $1,000. Due on Denomination a price a Indep. Joint July 15, 19j0. Denomination $1,000. Due on Oct. July 11 for purchase of $225,000 building coupon NEW JERSEY J. G. Milroy, the First National 100.28. Crow Detroit, price of basis of about 3.49%. as assessment pon Secretary of the Board of Trustees, will receive sealed bids until 8 p.m.. of will receive (EST) on July 5 for the purchase of $16,000 sanitary sewer improvement spe¬ sted, the to sealed bids until 5 p.m. Mich. Russell — Co., both 3l/2S, at Bond Offering cipal and interest (J-J) payable at Bond awarded were of Midland, Mich. the City Treasurer's office. District, 26 & 100.002, nomination $1,000. Due on July 1 from 1952 to 1955 inclusive. Prin¬ School June was Bank, St. Paul, for 1.40s, at McDonald-Moore & Co., and H. V. re¬ p.m. on Corunna $109,000 special improvement bonds of¬ assessment City Comptroller, will meyer, bidder Bond Sale—The Bay City, Mich. Offering — O. A. — — (DST) on July 6 for the purchase $500,000 notes. Dated July 6, of Denominations interest and suitable any Bond Offering by Dorsey, Colman,1 Liv.n^^.un Twp. Sch. Dist. (P. O. Barker, Scott & Barber, of Min-' iv h •> ton), N. J. sey, Colman, Barker, Scott & Bar¬ neapolis. Bond Offering—Thomas R. Col¬ ber, of Minneapolis. lins, District Clerk, will receive Yellow Medicine County (P. O. sealed bids until 8 p.m. (DST) on Granite Falls), Minn. Austin, Minn. Bond Offering — George L. July 11 lor the purchase of $250,Certificate Sale The $100,000 000 school coupon or registered paving improvement certificates Swanson, County Auditor, will re¬ bonds. Dated Aug. 1, 1950. De¬ offered June 22—v. 171, p. 2557— ceive sealed bids until 10:30 a.m. nomination $1,000. Due on Aug. 1 (CST) on July 11 for the purchase were awarded to the Northwest¬ from 1951 to 1964 inclusive. Prin¬ of $100,000 drainage bonds. Dated ern National, of Minneapolis, as cipal and interest (F-A) payable 1.40s, at a price of 100.41, a basis July 1, 1950. Denomination $1,000. at the Livingston National Due on July 1 from 1951 to 196. Bank, of about 1.32%. The second high¬ inclusive. Principal and interest Livingston. Legality approved by est inclusive. 1965 to Principal at banking institution designated by the pur¬ chaser. Legality approved by Dor- April Principal and interest (A-O) a.m. on inclusive. pur¬ on Dated Denomination $1,000. Jan. 1 from 1952 to 1961 payable coupon 1950. Due Due p.m. building bonds. coupon July 1, 19o0. re¬ 8 the for 11 chase of $220,000 Francis provement 1 (P.O. Ida), Mich. Bond Offering — Norman Ca- July 17, 1950. Due on Jan. 31, 1951. Legality approved by Sullivan, Donohan, Heenehan & Hanrahan, of New York City. — Agric. Rural School District No. S940,COO Third Series notes. Dated Virginia, Minn. bids until 8 p.m. (CST) on July 6 for the purchase of $160,000 im¬ % » Housing Board, 18 Tremont Street, Boston, until 11 a.m. (DST) on July 6 for the purchase of Offering MINNESOTA Albany, Minn. Bond Offering — E. S. Winter, Village Clerk, will receive sealed Legality approved by Miller, Canfield, Paddock & Stone, State Note or purchaser. receive office bank a be designated by 55 Palmer & Altica, Batavia, Bethany, Da- Bennington and Mid' dlekury Cen*. Sch. Dist. No. 2 <P. Bond O Alexander), N. Sale—The $225,000 bonds offered Y. school June 27 were awarded to the Manufacturers and 56 The Commercial and Financial Chronicle (56) Traders Trust of Co., Roosevelt and & of York, jointly, as 1.80s, at a price 100.26, a basis of about 1.77%. Bonds are dated July 1, ,1950. Denomination $1,000. (Due on July I. from 1951 to 1970 inclusive. (J-J) pay¬ able at the Marine Trust Co., of Buffalo, Bank of Batavia office. Principal and interest Eond Legality approved by Delafield & Wood, of New York City. receive $2,200,000 Due July on from 1 district bonds. 1951 Due 1979 inclusive. to Sale—The tion $20,000 high¬ June 26—v. offered bonds way 171, p. 2659—were awarded to the Merchants National Bank, of Plattsburgh, 100.22, second 2s, as at highest bidder Platts¬ was burgh National Bank & Trust Co., Plattsburgh, as 2s, at a price of about disposal district 2, Series A bonds. Due 3.598,000 sewage disposal dis¬ trict No. 2, Series B bonds. Due the Hemsplead, East Meadow Fire (P. O. East Meadow), York New 15 from Warwick 1950. 15, Aug. of istered bonds. Dated July 1, 1950. $1,000. Due on July 1, 1951 to 1960 inclusive. Principal and interest (J-J) pay¬ able at the National Bank of Lib¬ Legality approved by Van- erty. dewater. Sykes, Heckler & Gallo¬ of New York City. way, Brewster, Bond Sale June 29 — 1950 171, v. 171, The $22,000 — improvement bonds street offered 2658 p. were — awarded to the National Commer¬ cial Bank, of Albany as price of 100.25, 1.35%. 1.40s, at a basis a of 2558 p. June White & Co., both of New York, 100.48, 2.20s, as at of basis of about 2.16%. a (P.O. Greenlawn), N. Y. Bond Offering — D. Howard awarded to the Se¬ curity Trust Co., of Rochester, as l%s, at a price of 100.60, a basis of about 1.74%. Village 000 building 1950 istered bonds. coupon Dated Denomination New Bond Sale — York The $25,000 fire house 1949 bonds offered June 22 awarded were to reg¬ or July 1, 1950. 1.37%. dated are denomination Sept. $1,000. 1949. 1, Due on iSept. 1 from 1950 to 1959 inclusive. Principal and interest (M-S) pay¬ the at South Center Moriches. proved by Heckler York Bay Bank, Legality Vandewater, & Galloway, ap¬ Sykes, of New City. Busti (P. O. Lakewood), N. Sale—The Bond offered June turers and $13,300 26—v. awarded —were 171. the to Y. istered bonds. 2658 Traders Trust iv2s, a Co., Bond 100.09, basis of about 1.47%. a (DST) Croton-On-Hudson, N. Bond rello, Offering—Joseph Village Clerk, sealed bids until 10 will a.m. Y. from 1 (DST) on 1980 interest inclusive. (J-J) Principal and payable at the Ma¬ rine Midland Trust Co., New York City. Legality approved by Wood, King & Dawson, of New York City. Gloversville, Bond N. Y. able National State Bank, Newark, and a>s Co., of New York, jointly, 1.60s1, "at a price of 100(16, a basis of about 1.58%. 1 or Dated March 1, $1,000. Due 1 from 1951 the First Due inclusive. West Haverstraw, N. Sale—The Y. 28 awarded were $13,000 Legality approved North & Trust of Haverstraw Bank Hempstead Union Free 7 (P. O. Great Neck), N. Y. Sale—The $3,800,000 dated are July 1, 1950. Due on Bond con¬ struction bonds offered June 28— a National Harris Bank, Trust of Becker Co., & Co., York, as 101.00, a Co., & 2.20s, at Bond of of Sale—The of 100.10, The Jay, Keens, Chesterfield, Wilming¬ Black Brook and Franklin ton, Cent. Sch. Dist. No. Ausable Y. The $20,200 judg¬ offered June 28—v. County (P. New Bond Mineola), O. York Offering—H. Bogart Sea¬ County Treasurer, man, ceive sealed (DST) chase July on of bids until 12 registered bonds, will re¬ 12:30 p.m. the pur¬ for $19,189,000 coupon divided bonds bonds. from 1951 road, Due to on 1960 Aug. 15 inclusive. 1,650,000 surface drainage sewer, Series B bonds. Due on Aug. from 1951 to 1970 inclu¬ sive. 1,211,000 surface drainage sewer, . Series C bonds. 15, from 1951 Due to on 1970 Unadilla and Sch. sive. Due ing 1950 —v. to on Aug. 15 from 1951 to 1970 inclusive. 21—v. highest bidder was R. S. Dickson & Co., for 2V2S, and 3y4s, at a price of par. Sale — The $30,000 Catawba 2453 p. were — & Sutherland awarded to Ryan, Co., of Toledo, as 2y4s, at a price of 101.38. The sec¬ ond highest bidder was J. A. White & Co., for 2y4s, at a price of 100.70. County . Offering — W. E. sealed bids Raleigh, his office in a.m. (EST) on at until 11 Ohio Details—The Sale Bond Easter- Dist. Sch. Local Norwalk), O. (P. (P. O. Newton), N. C. Bond build¬ ing bonds offered June 24—v. 171, Bronson-Norwalk $40,000 building bonds purchased by Raffensperger, Hughes & Co., of In¬ dianapolis, as 2V2s, as previously in noted sold at about a 171, v. 2353, p. price of 100.06, were basis of a 2.49%. Dist. No. 1 (P. O. 171, June Union 28 awarded Securities Corp., both of New York, jointly, as 1%s, at a price of 100.28, a basis of about $400,000 sani¬ the Branch Banking of Education, $30,000 at & Trust Co., 1953 June Due to on 1957 1 inclusive. Sale—The $35,000 offered June Co.. of Buffalo. and Traders on June 1 sewer 28—v. 2658—were awarded to the Manufacturers Due 6s. as from 1958 to 1962 inclusive. Trust ^ 215.000 as Due on June 1 2Vts. from 1963 to 1977 inclusive. 85,000 as from Is. 1978 Due to 1982 on June inclusive. 1 Pace. Dorotha of will school 000 of Board the sealed receive bonds. Dated June Denomination $1,000. Dec. 1 from 1951 to 1, Due 1973 in¬ clusive. Interest J-D. Legality ap¬ by proved Squire, Sanders & Dempsey, of Cleveland. Claridon Twp. (P. O. a iy>s. as — bids until 1:30 p.m. (EST) on July 18 for the purchase of $150.- price of par, a basis of about 2.18%, as follows: Wilson, Sch. Dist., Ohio Local Offering Clerk-Treasurer Local Sch. R. F. D. No. Marion), Bond Clerk will bonds p. C. N. Sale—The tary sewer bonds offered June 27 v. 171, p. 2659—were awarded to 70,000 Shaneateles, N. Y. 171, Bond from 1.171%. Bond Bond on Goldsboro, Y. bonds offered p. 2659—were Cardingtcn 1950. Guilford' Cent. Smith, Barney & Co., and the 1950 237,000 building, Series A bonds. water June Sale—The $700,000 build¬ Bond Aug. inclu¬ June 1, 1956. second p. or Series inclusive., and $2,000 Dist., Sch. Local Ohio and ling, Secretary of the Local Gov¬ ernment Commission, will receive Y. N $60,000 offered Sidney), N. $1,650,000 county 15, Harbor, approved Williams, of Cincinnati. Bond on Legality Shaffer Bloomingburg iy4s, $10,500 as June 1 from 1951 5VzS, due as The De¬ Dec. & fol¬ as as 1964 on inclusive. in¬ 2558—were awarded to July 11 for the purchase of $1,Co., Inc., of Buffalo, as 250,000 school building, series A 2.10s, at a price of 100.25, a basis coupon bonds. Dated June 1, 1950. Denomination $1,000. Due on of about 2.07%. The second high¬ est bidder was Marine Trust Co., June 1 from 1953 to 1980 inclu¬ sive. Principal and interest (J-D) Buffalo, for 2.20s, at a price of payable in New York City. Le¬ 100.66. gality approved by Reed, Hoyt & Sidney, Franklin, Masonville, Washburn, of New York City. 171, lows: B highest bidder was Albany, for 1.20s, Sale—The Bond 1950 in 1 on Due 1973 to J-D. Peck, by pur¬ addition 15, 1950. $1,000. 1951 Interest bonds: on for the 12 Dated June from 15 1965. 1955 July on nomination as of Sachets on 12,500 general street price of 100.007. Otis C. E. Weinig Co., of Buffalo. Nassau Bank $10,000 June to (P. O. Forks), N. — bonds 1 a and 1963 1959 to 1.20s, at a price basis of about 1.15%. second State at a (EST) bonds. inclu¬ 2y2s, due as from 2y4s, due 22—v. 171, p. 2558—were, awarded to the Merchants National Bank, Plattsburgh, 1 " Guaranty Trust Co., New York City. Legality approved by Reed, Ho.yt & Washburn, of New York City. of $25,000 due N. Y. $35,000 will receive sealed bids until noon bonds: 1958 to clusive, New price a basis of about 2.11%. Plattshur gh, and at sive; par. chase of $84,000 building 1956 June G. Smithers & S. F. Rand and A. price of a Addyston Local Sch. Dist., Ohio Bond Offering — Bert Rankin, Clerk of the Board of Education, of Dur¬ on June inclusive; 5V2s, due on June as from build¬ $107,800 OHIO awarded utility Dak. N. Dist., Sch. re¬ 2^4s, due as $13,000 1 on Sale—The l3/4s, at as $72,500 Vance and fight¬ Dated Aug. Aug. 1 from 1953 ing bonds offered June 27—v. 171, p. 2559 — were awarded to the First National Bank, of Hettinger, from 1952 to 1955 1 Due Hettinger follows: as $12,000 New Hutzler, Coffin & Burr, the and July 31 for inclusive. 1962 1950 bonds offered June $60,000 street Bank, of Chicago, Salomon Bros. p.m. payable 1, 1950. to N. C. The — bids Sealed ing equipment bonds. CAROLINA 27—v. 171, p. 2659—were to J. Lee Peeler & Co., Savings & improvement bonds offered June (F-A) funding 171, p. 2659—were awarded to syndicate composed of the v. Sale — the purchase of $20,000 fire Bond Bond N. Dak. Offering will be received until to Bryson City, par. Dickinson, Co., 1955 inclu¬ Principal and interest (J-J) NORTH Department, as price of a Bond $1,000. 1951 from 1 3453—were awarded p. State Land 2V4S, at of Haverstraw, as iy4s. 2.68%, the interest to the Securities Corp., of Greensboro, jointly, at a price of 100.09, a basis of about School District No. — National the to 171, —v. public improvement bonds offered June Bond pay¬ Trust (P. O. Esmond), N. Dak. The $31,000 con¬ bonds offered June 26 Sale Bond struction ham, pur¬ Principal & County, Harmony Sch. Dist. No. 25 Galloway, of New York City. sive. by Vandewater, Sykes, Heckler & Galloway, of New York City. Aug. 1 from 1951 on NORTH DAKOTA Benson inclusive. Bank (J-D) Principal and interest 1978 in¬ to Legality approved by Vandewater, Sykes, Heckler & receive on 11 July on payable in New York City. Legal¬ ity approved by Mitchell & Per¬ shing, of New York City. clusive. July (DST) p.m. 1956 to Co., of Utica. 2 of 1970 to Sal e—The $1,500,000 Hall & 1951 at the until for 12 coupon $1,000. school 1950 bonds offered June 28 .171, p. 2658—were awarded to Salomon Bros., & Hutzler, Reynr blds & Co., both of New York. March on coupon sive. of 1950 (EST) a.m. Denomination 1950. Shaw, Principal and interest (J-J) & 171, p. 2659—were awarded to the Zereceive July 11 for the purchase of $200,000 sanitary sewer system, Series C 1950 coupon registered bonds. Dated July 1, 1950. Denomination $1,000. Due on July 1 from 1951 to July Bond Sale A. school registered bonds. Denomination $1,000. Due on July will $2,300,000 electric plant or registered bonds. Dated Aug. 1, 1950. Denomination 1950 ment ■ W. Donald — bids sealed on chase of as at Offering Swanson, City Comptroller, of price Buffalo, $250,000 purchase the for 6 Dated July 1, 1950. York, Y. bonds p. Manufac¬ July on receive (DST) bids until 3:45 p.m. sealed Phil¬ B. will Clerk, 11 purchase of $250,000 hos¬ pital coupon bonds. Dated June 1, 1950. Denomination $1,000. Due on June 1 from 1952 to 1979 inclu¬ straw. Chase Jamestown, N. receive Bonds able Principal and interest (A-O) payable at the First National Bank & Trust Co., Huntington. Legality approved by Vandewater, Sykes, Heckler & Galloway, of New York City, the Patchogue Dank, of Patchogue, at 1.70s, at a price of 100.12, a basis of about Offering—Wm. District W. E. Easter- — the for payable at the National Bank of Haverstraw & Trust Co., Haver¬ $1,000. Due on 1951 to 1965 inclu¬ April 1 from District (P. O. East Moriches), " Bond lips, Denomination Y. T. will Treasurer, bids until sealed sive. Brookhaven, East Moriches Fire Mills, N. 11 July 17 for the purchase of $18,- price a Taylor, District Clerk, will receive Bond Sale—The $220,000 school sealed bids until 3 p.m. (DST) on bonds offered June 28—v. 171, p. July 6 for the purchase of $275,2658—were York Offering—John No. Dist. 000 fire truck 1950 coupon or reg¬ jointly, No. 6 Brighton Union Free Sch. Dist. No. 7 (P. O. Rochester), N. Y. New Bond Sch. Com. Offering ling, Secretary of the Local Gov¬ ernment Commission, will receive sealed bids at his office in Raleigh, York, jointly, as 2s, at a of 100.29, a basis of about Bonds Ripley & Co., Inc., Goldman, Sachs & Co., and R. D. Huntington Union Free Sch. Dist. . sociates. awarded to were — 27—v. Harriman about ' . Roosevelt & Cross, Hall & Co., by Vandewater, Sykes, Heckler & Galloway, of New York Hornblower & Weeks, F. S. Smithers & Co., Freeman & Co., and City. Tripp & Co., all of New York, as Hempstead Union Free Sch. Dist. 2.20s, at a price of 100.26, a basis No. 13 (P. O. Valley Stream), of about 2.178%. Second high bid New York of 100.169 for 2.20s was made by Bond Sale—The $600,000 school Kidder, Peabody & Co., and As¬ offered (P. O. Rockingham), N. C. Bond (P. O. Greenwood Lake), N. Y. Treasurer, bonds Richmond County until proved 1950 Y. N. City. 1.97%. City. in¬ and Principal payable in New York Legality approved by Mit¬ & Pershing, of New York chell New price inclusive. 1978 Blair, Rollins & Co., Inc., Roose¬ velt & Cross and Hall & Co., both Dated July 11 for on terest (J-D) City. Denomi¬ nation $1,000. Principal and in¬ terest (F-A) payable at the First Bank & Trust Co., of Utica. Le¬ gality approved by Vandewater, Sykes. Heckler & Galloway, 01 inclusive. (EST) a.m. purchase of $514,000 school building coupon bonds. Dated June 1, 1950. Denomination $1,000. Due on June 1 from iy5z to ing 1950 bonds offered June 29— v. 171. p. 2658—were awarded to 1979 11 until build¬ $55,000 1951 to Aug. on Ryder New Hartford, Kirkland and Paris will receive Central Sch. Dist. No. 1 (P. O. sealed bids until 2 p.m. (DST) on Bethel (P. O. Kauneonga Lake), New Hartford), N. Y. July 6 for the purchase of $25,New York Bond Sale The $1,715,000 000 fire truck coupon or regis¬ Bond Offering—Ivan A. Brown, tered bonds. Dated June 1, lu50. school building and land acquisi¬ tion bonds offered on June 29— Town Supervisor, will receive Denomination $1,000. Due on June .sealed bids until 2 p.m. (DST) on 1 from 1951 to 1960 inclusive. v. 171, p. 2658—were awarded to a composed of Marine July 6 for the purchase of $50,- Principal and interest (J-D) pay¬ syndicate C00 highway 1950 coupon or reg- able at the Long Island National Trust Co., Manufacturers & Trad¬ Trust Co., both of Buffalo, Bank of Hicksville. Legality ap¬ ers Denomination Sale—The W. E. Easter- — the of Brochport), N. Y. — / basis 1.69%. Bond Offering—Edward Bond District 100.10. to 1.70s, as a New York Legal¬ ity approved by Hawkins, Dela¬ field & Wood, of New York City. Presiding Supervisor. District 100.08, of Sweden, Ogden, Parma, Clarkson, Clarendon, Murray and Bergen Cent. Sch. Dist. No. 1 (P. O. (J-J) payable at the office of est price of a basis of about 1.92%. The a July 1, 1950. Denomina¬ $1,000. Principal and inter¬ Dated Co., of Buffalo, price sewage inclusive. July 1 & a 22—v. awarded were — Offering Bond ling, Secretary of the Local Gov¬ ernment Commission, will receive sealed bids at his office in Raleigh, school June 2558 at inclusive. 1970 to offered bonds p. (P. O. County Franklin), N. C. Y. $33,000 Otis Se¬ Aug. 15 from 1951 to 1979 on sewer on 1951 8.000.000 1950 Aug. 15 on Sale—The Bond Macon Cent. 1950 Monday, July 3. . . (P.O. 171, acquisition, Due 1 Munnsville), N. A inclusive. ries B bonds. from Series Aug. 15 from on 1969 land 1.488.000 1964 inclusive. 1951 to Due to No. 617,000 West Long Beach from Bond 1951 disposal district refuse bonds. School District No. inclusive. 1959 to building, park bonds. July 11 for the purchase of $2,817,000 coupon or registered bonds, divided as- follows: on Beekmantown (P. O. Plattaburgh), N. Y. 755,000 (DST) a.m. 1951 from S. Hamilton — sealed bids until 10:30 Batavia. Hawkins, Onering Gaddis, Town Clerk, will and Smithfield Stochbridge improvement, Se¬ Due on Aug. 15 park ries A bonds. Hempstead), N. Y. New of 600,000 O. (P. Hempstead Buffalo, Cross, . Ohio Offering —W. of the . receive (EST) Dist. 6, M. Haley, Board of Education, sealed bids until July 14 for the purchase of $135,000 school bonds. Dated June 1, 1950. Denomina¬ tion $1,000. Due on Dec. 1 from 1951 to 1970 inclusive. Principal noon and interest on (J-D) payable at the r<-. mi Volume 172 Number 4921 Caledonia donia. Banking Legality Squire, . . Co., Cale¬ by Dempsey, of & purchase Peck, pense Cincinnati. sealed (EST) Ohio bids until 1 p.m. July 6 for the purchase on of $125,000 water works improve¬ bonds. ment Concord Local Sch. Dist. R. D. (P. O. Urbana), Ohio McDaniel, the Board of Education, 2, Bond Offering—A. V. Clerk of will receive sealed bids until (EST) on chase of bonds. Dated July from 15 13 for $16,000 nomination noon the pur¬ improvement Aug. 15, $1,000. 1951 Interest Dec. Bond 1950. Due 1958 to De¬ Oct. on inclusive. ency relief bonds offered (EST) of will 10 a.m. July 18 for the purchase on $1,000,000 Fifth until Series memorial, veterans bonds. March Dated Denomination $1,000. March 1 and Sept. 1 from 1950. 1, Due on 1951 First Kenton, Bond — (P. were Principal and interest (M-S) payable at the County Treasurer's office. $40,000 bonds offered June 28—v. 171, p. 2453— were awarded to the First Cleve¬ land at Corp., of Cleveland, as 13/4S, price of 100.66, a basis of a about 1.61%. Offering Clerk Education, for 1950. (EST) purchase bonds. clusive. from 15 Legality Shaffer & Peck, on July $60,030 July $1,000. 1951 of sealed of Dated Denomination Dec. A. Board receive noon the building on the will until Louis — of to 15, Due 1970 in¬ approved by Williams, Cleveland. Washington Cincinnati. Bond London, Bond Ohio Clerk, will White & 234s, at awarded J. to A. ceive sealed (EST) chase July on of bids for 12 $50,000 until noon the pur¬ improve¬ sewer ment, series C bonds. Dated June 1, 1950. Denomination $1,000. Due Dec. on inclusive. from 1 (J-D) payable Bank to and Principal tional bids for 12 First Elmwood felder, Dist., Ohio of of Education, will 1951 the Dec. 1 Dec. Blaine Bond 1963 in¬ offered Due on 1963 in¬ Williams, of Cincinnati. Sale—The $15,000 street assessment bonds offered special June 26 awarded were the to Peoples National Bank, of Green¬ field, as 13/4S, at a price of 100.50, a basis of about 1.66%. The ond highest bidder was White & Co., for 2V2S, at of sec¬ tion of Bond City sealed 2453 cept awarded were W. R. to & son Co., both New of York, Westheimer & Co., of Cincinnati, Burge & Kraus, of Cleveland, jointly, at a price of 100.09, a basis of about 2.13%, as and Ball, follows: 2V4S. as from 295,000 2s. 1966 on 1, Foster), Clerk of the p.m. bids until will noon (EST) of sealed notes. Due on for $200. one 1962 and Due 1963. on of until bids current June 1 8 pur¬ expense and Dec. 1 l3As and 2s. equipm ent Due frohi Offering on to as to bids sealed until Puckett, Board of Education, receive sealed bids until July 17 for the $5,000 improvement July Dec. clusive. 1 1, Due from 1951 1950. on to bid a 1951 and 1952. purchase — ap¬ Wil¬ awarded to 171, p. Calvert Helena, Bond July 12 of $25,000 mu¬ offered liams, of Cincinnati. Indian Hill Local Sch. Dist. R. Bond R. 1, (P. O. Madisonville, Sale — June 7 The were awarded to of the Board receive sealed 15 from 1951 to 1970 inclusive. p.m. (EST) In¬ Note Edwards, Inc., of Okla¬ City, 1953 to Taylor, Education, July 10 until for 1962 etery v. 8 the from at the in 171, Sale—The as to 1975 inclusive. Aug. on 1 from park, $88,000 from of the fiscal bonds p. 23 of Hollis, — 2559—were awarded to in as 1961 Series 4s, 1953 due to A on 1954; and l%s, due as park, on Series as lVis. Co., The-second bonds A inclusive, 2s, due on 1 from 1961 to 1975 in¬ as Sale awarded were — offered to on The $1,200,- above Dorothy of Oklahoma City, on reflecting about a 1.99%, net as interest follows: agency York Condon, Ore. Offering — Robert Schmaltz, City Recorder, will re^ ceive sealed (PST) bids until 8 p.m. July 11 for the pur¬ $65,000 sewer system bonds. Dated July 1, 195(h on chase of Denomination $1,000. Due oq> July 1 from 1951 to 1970 inclusive. Principal and interest payable at City Treasurer's office. Le¬ gality approved by Winfree, Mc- the Culloch, Shuler & Sayre, of Port¬ Douglas County, Winston-Dillaret Water date Hud¬ bid a cost of District (P. O. Dillard), Ore. Bond Offering—C. C. Fosback, Secretary of the Board of Com¬ missioners, will receive sealecl bids until for 6 water 1, 8 the p.m. (PST) July on purchase of $78,OW bonds. Dated July Denomination $1,00& coupon 1950. Due on July 1 from 1952 to 1967 inclusive. Principal payable at County, to purchaser. 23—v. 1955 to 1960 $648,000 Aug. son, inclusive. purchaser. Bond eral and 000 1965 land. 1955 to 1960 Additional cem¬ to as clusive. $10,000 offered June 1955 New 1 from the First State Bank & Trust j sealed Principal and interest payable at the County Treasurer's office, or $88,000 as 4s, due on Aug. 1 in 1953 and 1954; $264,000 as l%s, due on Aug. inclusive. Hollis, Okla. Bond bids 1, Aug. 1 from 1955 on 1,000,000 fair 2V2S and 314s. 1962 inclusive. Local Sch. Dist., of as ment bonds. Due from 1953 to Offering—Marion on J. 10,000 street maintenance equip¬ Ohio Tharp, receive OREGON bonds: payable at the Farm¬ Banking Co., Lakeview. Le¬ gality approved by Peck, Shaffer & Williams, of Cincinnati. Clerk Aug. clusive. improvement bonds. Due from homa terest (J-D) will Baker coupon bonds: A on Aug. inclusive, and $648,000 as 2s, due on Aug. 1 from 1961 to 1975 in¬ $20,000 water works extension and will from 1 inclusive, and $418,on Aug. 1 from Aug. 1 $264,000 $30,000 bonds Principal and in¬ South Lebanon as 1954; $168,000 and bonds: 1 inclusive. E. Wood, Clerk of the Board of Edu¬ cation, will receive sealed bids until noon (EST) on July 12 for the purchase of $294,000 building bonds. Dated Dec., 15, 1949. De¬ nomination $1,000. Due on Dec. $6,000 Aug. on 1,000,000 river Okla. 1951 to ers Cincinnati), Ohio Offering — Raymond Clerk, bids until 2 p.m. (CST) on July 3 for the purchase of $80,000 dis¬ 1 on Aug. 1 in 1953 and 1954; $84,000 as l%s, due on Aug. 1 from 1955 to 1960 in¬ clusive, and $217,000 as 2s, Can- & Due 15 from . to Weleetka, Okla. Bond Offering—Berniece Town 4s, due 2659— nicipal building bonds. Dated 15, 1950. Denomination $1,- June Dec. 1954; 329,000 city jail bonds: $28,000 field, of Oklahoma City. on 1953 inclusive. bonds: Aug. 1975 inclusive. $70,000 bonds the R. on A on 2s, due as 1961 Okla. The 000. Legality proved by Peck, Shaffer & as 1975 inclusive. to 1960 to 1.92%. offered June 27—v. Point, Ohio Offering — C. D. Smith, Village Clerk, will receive sealed (EST) Sale Bond Russells noon due 1953 000 of Minco, on net interest a Healdton, 1 in¬ Bond the in due were for reflecting of about cost Interest J-D. bids until and park, Series $56,000 as 4s, due De¬ June 1955 2s, 1961 2 First National Bank, on Dated $54,000 — of the (EST) purchase of 1953 l34s, due (P. O. Minco), Okla. Bond Sale The $65,000 build¬ ing bonds offered June 21—v. 171, p. 2558 — were awarded to the 1954; Aug. 1 from 1955 on 642,000 1960 inclusive. to No. noon 1957 8,500 repair bonds. Due from 1953 Dist., Ohio from of,the State City, at the optioni Legality ap¬ 1963 inclusive, and $128,000 proved by Hallock, Donald, Banta 2s, due on Aug. 1 from 1961 & Silver, of Baker. 1975 inclusive. and 13/4s, due on Aug. 1 from 1955 1960 inclusive, and $15,000 Grady County Indep. Sch. Dist. Local Sch. - . due are ' 1 to equipment to 1961 inclusive. 1953 in inclusive. liams, of Cincinnati. Clerk transportation bonds. Due from 1953 (M-N) payable at the City Treasurer's office. Legality approved by Peck, Shaffer & Wil¬ Edgar County School District No. $ (P. O. Baker), Ore. Bond Offering—T. H. Richards, 23,000 library, Series $2,000 as 4s, due 2 1960 in , as $16,500 Nov. 1 interest Palestine 1975 1 from clusive. in — Aug. on 200,000 traffic control bonds: $18,000 as 4s, due on Aug. 1 p.m. Principal and C. sewer, Series A $174,000 as 4s, due on District Clerk, will receive sealecl Aug. 1 in 1953 and 1954; bids until 2 p.m. (PST) on July 5 $522,000 as l34s, due on Aug. for the purchase of 1 from 1955 to 1960 $760,000 school inclusive, bonds. Dated July 1, 1950. De¬ and $1,304,000 as 2s, due on nomination $1,000. Due on Jan. Aug. 1 from 1961 to 1975 in¬ follows: and Persley, Education, to Due from 1953 to 1936 receive will on 1963 bonds: to Roy Beals, Clerk of the Board of Education, Mc¬ Bonds 2,000,000 storm Blaine County Indep. Sch. Dist. No. 97 (P. O. Greenfield), 6 for the purchase of $21,refunding bonds. Dated July 1, 1950. Denomination $1,000, ex¬ nomination $500. R. R. Ohio awarded 200 in bonds: to of about 2.19%. on Aug. 1 inclusive., 2s, due on 1960 awarded were Honnold, of Oklahoma City, on a bid reflecting a net interest cost on Aug. 1 from 1955 to 1960 inclusive, and $2,276,000 as July bonds. Local July 6 for the $5,000 1 Olan Board receive chase — Oct. Interest $12,500 bonds were transportation Bond (EST) A l%s, due receive 20 — $306,000 as 4s, due on Aug. 1 in 1953 and posal plant bonds. Due from 1953 1954; $918,000 as 13/4s, due (CST) on July 6 for the pur¬ chase of $25,000 bonds, divided as will inclusive. Sch. Diet. (P. O. Offering 1 inclusive. from 1967 to 1971 No. Oct. on Due 1950 to as Due Hamilton-Maineville will Auditor, Bond Offering—Walter $705,000 Note Boston, Ohio Offering—James E. to County Indep. Sch. Diet«■ (P. O. Seminole), Okla. ,,.t Sale The $32,000 build* ing and repair bonds offered June l34s, due as 1955 Series Oklahoma Ohio Bond Sale—The $1,000,000 first mortgage water works revenue bonds offered June 23—v. 171, p. Pressprich & Co., Bacon, Steven¬ 1, 1953 to 1956 inclusive. New No. 5 Bond clusive. Dec. 1 from 4,000 building bonds. Cleveland. Seminole fol¬ as 3,500,000 sanitary sewer and sewage disposal plant inclusive. (J-D) payable at the Com¬ Coy, Hamilton, 14 as bonds. in¬ and Savings Bank, Millersburg. Legality approved by Squire, Sanders & Dempsey, of price 100.90. — June Wichita, Denomina¬ Principal 2.008%, cost of about 2.25%. ' Sale consisted of: mercial & A. J. a to 1, 1950. $1,000. terest July inclusive. Sale----The $8,500 Dated July Greenfield, Ohio Bond 1951 to 1975 inclusive. Trust and $3,256,000 as Aug. 1 from 1961 to 1975 in¬ July on the First Securities Co. of Kansas, from about 308,000 from County Depend. Sch. Dist. (P. O. Homestead), Okla. No. 4 clusive. 1 Marine Aug. 1 from on inclusive. 1954; $26,000 as iy2s, due on Aug. 1 1955, and $522,000 as 2s, due on Aug. 1 from 1956 Trust $5,000,000 water works, Series A bonds: $436,000 as 4s, due on Aug. 1 in 1953 and 1954; $1,- $1,000, except on of 2s, due clusive. fer & lows: OKLAHOMA on bonds. National Bank 1975 to 1972 inclusive. 1951 25,000 building York, basis receive Due to a Martin, Dated Due 1960 to bonds. from New J-D. bids until noon (EST) on July 11 for the purchase of $43,000 bonds, divided as follows: Legality approved by Peck, Shaf¬ & bonds. Denomination sealed $18,000 building National 2s, due to 600,000 airport bonds: $52,000 as 2s, due on Aug. 1 in 1953 and Philadelphia, H. V. Sattley & Co., of Detroit, McDougal & Co., of Chicago, and Edward D. Jones & Co., of St. Louis, at a price of par, the purchase of $43,975 improvement, special as¬ for $975. one Earl Rocken- — Clerk-Treasurer Board Na¬ Place. Local Sch. Offering 2559 p. F. (DST) noon sessment 1950. Bond the of as 1956 Co., of Chicago, Eastman, Dillion & Co., Barr Brothers & Co., both of Ohio Offering—G. until street interest the at of 1970 1951 a Kuhn, Loeb & Co., New York, Continental Illinois Village Clerk, will receive sealed interest payable at Legality approved by Squire, Sanders & Dempsey, of Cleveland. Nashville 171, Willowick, bus. Golf Manor (P. O. Elmwood Place), Ohio Bond Offering — Dorothy Stubbs, Village Clerk, will re¬ _ $55,000 bonds 24—v. awarded to J. A. White & Bond the Ohio National Bank of Colum¬ of about 2.58%. Ohio 1.61%. Denomination $1,000. Due on Dec. 1 from 1951 to 1973 inclusive. Co., of Cincinnati, as price of 100.47, a basis Principal and a House, Co., of Cincinnati, as l34s, at a price of 100.75, a basis of about Sale—The 2559—were June —were receive Court Sale —The offered Offering—Evelyn E. Con- Village Ion, — of sealed bids until noon (EST) on Gallipolis, Ohio $3,605 Mound July 13 for the purchase of $400,Hill 000 water works first mortgage Cemetery improvement bonds offered June 23—v. 171, p. revenue bonds. Dated Aug. 1, 1950. Bond to Co., Pauls Valley, Okla. of Buffalo, Hayden, Stone & Co., Bond Offering — W. J. Harris, of New York, Harris, Hall & Co., J. A. White & Co., for 23/4S, at a City Secretary, will receive sealed Fidelity Union Trust Co., of bids until 8 p.m. (CST) on price of 100.40. July Id Newark, Wood, Struthers & Co., for the purchase of $275,000 bonds, Van Wert City Sch. Dist., Ohio Geo. B. Gibbons & Co., Inc., divided as follows: Bond Offering—F. E. Shaffer, Bramhall, Barbour & Co., Wm. E. $250,000 sewer system improve¬ Clerk-Treasurer of the Board of Pollock & Co., F. S. Smithers & ment bonds. Due from 1953 to Education, will receive sealed bids Co., King, Quirk & Co., Hirsch & 1963 inclusive. until noon (EST) on July 11 for Co., Adams, McEntee & Co., Rob¬ 25,000 library bonds. Due from the purchase of $844,000 building ert Winthrop & Co., all of New 1953 to 1962 inclusive. bonds. Dated July 1, 1950. De¬ York, Northwestern National nomination $1,000. Due on Oct. 1 Bank, of Minneapolis, Pacific Pushmataha County Indep. from 1951 to 1973 inclusive. Prin¬ Northwest Co., of Seattle, Sills, Sch. Dist. No. 15 (P. O. cipal and interest (A-O) payable Fairman & Harris, of Chicago, Nashoba), Okla. at the Peoples Savings Bank Co., Shelby Cullom Davis & Co., Bond Sale —The $6,500 build¬ or the Van Wert National Bank, Goodbody & Co., both of New ing bonds offered June 20—v. 171, both of Van Wert, at the option York, Blewer, Heitner & Glynn, p. 2354 — were awarded to the of the holder. Legality approved of St. Louis, Robert Hawkins & Clayton State Bank, of Clayton, by Squire, Sanders & Dempsey, of Co., of Boston, Janney & Co., of on a bid reflecting a net interest Ohio Sale—The Sale 000 / syndi¬ awarded 57 $600,000 fire bonds: $52,000 as 2s, due on Aug. 1 in 1953 and 1954; $26,000 as iv2s, due oh Aug. 1 from 1955, and $522,- 171, p. 2454—were Dist. O. Chillicotke), Ohio Bond Cleveland inclusive. 1972 to Sch. — bonds offered June 27—v. of 14 bids Local State Oklahoma City, Okla. Sale 'Trie $13,694,000 Bond ing addition bonds offered June Corp., of Cleveland, as IV2S, at a 22—v. 171, p. 2434—were awarded price of 100.32, a basis of about to Seasongood & Mayer, of Cin¬ 1.42%. The second highest bid¬ cinnati, as 23/4s, at a price of der was J. A. White & Co., for 100.77, a basis of about 2.67%. IV2S, at a price of 100.16. The second highest bidder was 2559 p. the to Pausch, Commissioners, Scioto First was Bank, of sealed Legal¬ bidder composed ley, Assistant Clerk of the Board County 1952. highest Bank, Gould, for 1.35s. City bids receive and ex¬ and 1 both 171, v. — Bond Offering—Ella A. McCar- 1951 June cate 27 awarded County (P. O. Columbus), Ohio Bond in current 011 The $70,000 build¬ June (P. O. Leesburg), Ohio Franklin 1 Scuth Leesburg-Highland Local Sch. Dist. A-O. $1,400 Due by Peck, Shaffer & Williams, of Cincinnati. Sale—The $50,000 emerg¬ poor of notes. ity approved County (P. O. Steubenville), Ohio Bond ceive Legality approved by Shaffer & Williams, of Jefferson Offering—Margaret E. De Curtins, Village Clerk, will re¬ (57) terest J-D. Cleveland. Cold water, 59 (59) CJniAniWiJ The Commercial and Financial Chronicle . approved Sanders nm/J • and interest in the be designated by the any bank , Hermiston, Ore. Bond Sale—The sewer 171, p. j $350,000 bonds offered on gen¬ June 2559—were awarded William P. Harper & Son & Co., of Seattle, Walter, Woody & Heimerdinger, and Widmann & to Co., both of Cincinnati, bid reflecting a cost of about 2.68%. on a highest Juran & on a bid reflecting a interest cost of about 2.99%. net Moody, bidder jointly, net intere^ The second rwas 58 (58) The Commercial and Financial Chronicle Jackson County Sch. Dist. No. 35 (P. O. Rogue River), Ore. Sale—The $115,000 school Philadelphia, jointly, as l3/4s, at price of 100.32, a basis of about pon a Denomination $1,000. Due 1.72%. 1 Bond bonds offered June 27—v. 171, p. bidder est First was Stroudsburg, Pa. Offering—Sterling Cra¬ Borough Secretary, will re- Bond Bank, Portland, for mer, jeive National ^/4s sealed jl^ST) uu Central Lincoln Peoples Utility District (P.O. Newport), Ore. Bond tric 171, Foster to and , Sale —The offered Marshall, of terest a price of 99, of cost about nent June as 1952 to Due 1960 1961 to 1965 1966 to 1971 account Jan. 1 on Powell & ,%s, at a Blyth Fordyce & Co., bidding for 2y4s, 2y2s and 23/4s, submitted the second offer of 98.70. .s, i" *s . \ 23—v. 171, p. 2454—were awarded to a of the Savings Bank, of & * - National Bank, Trust Co., Seattle, American San Francisco, and Hess & McFaul, of Portland, as V/2S, at a price of 99.40, a basis of about ' Port of Portland Portland), (P. O. Ore. 'uschock, will $1,000. Due fice of the Port, or at its fiscal City. Legal¬ ity approved by Storey, Thorndike, Palmer & Dodge, of Boston. City Authority Altoona), Pa. Bond Sale—The $1,400,000 O. sew¬ of Kidder, Peabody & Co., First of Michigan Corporation, both of New York, Yarnall & Co., Aspden, Robinson & Co., both of Philadelphia, Fauset, Steele & Co., and Arthurs, Lestrange & Co., both of Pittsburgh, at a price of 100.01, a basis of about 2.64%, follows: $225,000 3s. Due as 1951 to 1,175,000 1959 as on July 1 from inclusive. 2%s. Due July 1 on second highest bidder was White, Weld & Co., Hornblower & Weeks, Roosevelt & Cross, Wurts, Borough Secretary, will Cole, receive that 709.75 approved inclusive, As of Philadel¬ Monessen, Pa. Offering — Francis H. City Clerk, will receive bids until July 12 for the obligation bonds, coupon July 1, 1950. Denomination on July 1 from 1952 to Legality approved by Burgwin, Churchill, Ruffin & Hazlett, of Pittsburgh. Norristown, Pa. Sale—The $1,350,000 Bond Philadel¬ Cheltenham Twp. Sch. Dist. (P. O. Elkins Park), Pa. Bond Sale—The $775,000 build¬ ing and improvement bonds of- 290,000 in will make Philadelphia, Blair, Rollins & Co., Inc., Yarnall & Co., W. H. Newbold's Son & Co., both of Philadelphia, and Francis I. du Co., of New York, as l%s, it price a about of 1j62%. bidder 100.01, a basis of The second highest Harriman was Ripley & Co., Inc., Kidder, Peabody & Co., ^anney & Co., and Edward Low¬ Stokes Co., jointly, for price of 101.08 a Bond Offering — Add B. the by of the school 1, bonds. coupon 1950. Due on Aug. inclusive. $1,- Legislature. expenditures ex¬ the the next services in most as M to The of County O. C. each making in of the past possible addition to from two small the all years, surpluses cash reserves accumulated during the war years which made possible the financ¬ ing of the Island's industrial velopment program. RHODE tral Hanover Bank & Trust 2660 — Hoyt Reed, New York & Washburn, Bond Mayor, of Falls, R. /. First of to 2.15%. the Corp., as 2V4s, at a 100.88, a basis of about The second highest E. of not waterworks bid¬ der was Harriman Ripley & Co., Inc., Kidder, Peabody & Co., and W. E. Hutton & Co., jointly, for 2%s, at a price of 101.07. Sale R. dated July on inclusive, at 1955, on and and will not be 1950. mature 1953 will 102 terest payment date. obligation bonds July 1 from 1951 1, will be on to call¬ July subsequent' any mature to 1973 The is to prior p. Bond Chester County, County Sch. Dist. (P. O. Chester), S. C. page Offering — Sulli¬ 000 $125,- water works second- series improvement, bonds. Dated 1950. Denomination on July 1 from 1951 inclusive. Legality Due July $1,000. to 1970 approved by Chapman & Cutler, of Chicago. Recorder, sealed bids will of . Chicago. of of R. A. Cincinnati, jointly, as 100.10, basis a 'of follows: 21/£s. as to Co., of Dallas, and Savings Bank .& Due April on 1 1951 to 1965 inclusive. 2%s. Due on April from 1966 to 1970 inclusive. as Dated June 1, 1950. proved Legality ap¬ by McCall, Parkhurst of Dallas and Knipp Crowe, Broady, of Houston. 1 & & . Houston, .Texas Bond - Offering—Roy B. Oakes, Controller, will receive bids until 10 a.m. (CST) July 12 for the-purchase-of $12,000,000 coupon bonds, divided on follows: $100,000 3% Due on flood control Aug. 1 from bonds. 1951 to 1975 inclusive. 80,000 3% fire station and alarm system improvement bonds. Due on Aug. 1 from 1951 to 1970 inclusive. ; 1,475,000 3% storm sewer bonds. Due on Aug. 1 from 1951 to 1975 inclusive. 300,000 3% sanitary sewage dis¬ Morristown, Tenn. Bond Offering—Paul E. Town & 2,61%, from as. Louise van, City Clerk, will receive sealed bids until 2 p.m. (CST) on July 11 for the purchase of 1, CAROLINA on Fayetteville, Tenn. 2660 100.953 for 21As was made by the First National Bank of Boston. Co., price 83,000 City $150,000 im¬ awarded to Harriman Rip¬ purchase a sealed appeared "Chronicle" of June 22.) awarded were $167,000 on inclusive, subject posal Walker, receive until 1 p.m. (EST) on $550,000 school 1950 July 12 for the purchase of $300,coupon bonds. Dated Aug. 000 school bonds. 1, 1950. Dated July Richland 1, Twp. (P. O. Glasgow Denomination $1,000. Due on Feb. 1950. Due on July 1 from 1951 to Road, R. D. No. 1, Valencia), Pa. 1 from 1952 to 1970 inclusive. 1970 inclusive. fered June 27 v. 171, p. 2559— Principal and inr Bond Offering—John B. Camp¬ Principal and interest (F-A) were awarded to pay¬ terest (J-J) payable at the Cen¬ Halsey Stuart & bell, Township Secretary, will re¬ able at the Guaranty Trust Co., tral Hanover Bank & Trust Co., De Haven & Townsend, ceive sealed bids until 7 Co., p.m. New York City. Crouter & Bodine, and the Ed¬ Legality York ap¬ New City. Legality ap¬ (EST) on July 7 for the purchase proved by Sinkler, Gibbs & Si¬ proved by ward Lowber Stokes Co., both of of Chapman & Cutler, of $24,000 general obligation cou¬ mons, of Charleston. 000. at about required. offering 15, Sale—The $250,000 school 1950 bonds offered Provident (The sale was orig¬ inally scheduled for June 30.) (Official advertisement of provement and construction bonds offered on June 29—v. until the in¬ A certified check for payable to order of the Town of the July Series 26 above I. 171, Bond house, June 1, redemption. 2%, on Long Point Road, Houston), Texas The general will Due 9130 pur¬ bonds from and price of a or 1 July ,15 on County, Spring Branch Independent Sch. Dist. P. O. Spring Branch Community un¬ $50,000 July bonds 15 inclusive. Legality approved by Dumas, Huguenin & Boothman, of Trust be Due 21/£s. Underwood will July are dated July 15, 1959. July 15 from 1951 to 1985 more than $40,000 general ob¬ ligation waterworks bonds. Each 4 — on the bids not revenue on Harris the Newport, 2%s. as Bonds Due of of than revenue Due a 1985. Board Aldermen more follows: 1979 to 1984 inclusive. 125,000 Barnett, July 7 for the chase 100.Q4, as Dallas. Town will receive sealed til 8 p.m. on able Boston price awarded and of 3s. as from , that the announces Mayor price 2.78%, a as 353,000 City. Offering—C. at from 1951 to 1978 inclusive: City. Legality approved by serially ISLAND were Co., of New York, First issue de¬ Bond Sale-*—The $325,000 school bonds offered on June 26—v. 171, p. & $522,000 Co., New York 1969 Central and Securities Co., of Kansas, of Wich¬ ita, and the Illinois Company, of Denomination $1,000. Principal and interest payable at the Cen¬ rev¬ $100,000,000 $1,000,000 ad¬ improvement bonds Chicago, TENNESSEE over Texas Sale—The basis of about Bartlett, Tenn. receipts Independent posed of R. A. Underwood & Co., Dallas, Estabrook & Co., of bonds. Dated June 1, 1950. on June 1 from 1952 to $50,000,000—more budget require¬ total & Trust of Sims than Rico's inclusive. offered June 26—v. 171, p. 2660— were awarded to a syndicate com¬ - taxes and excise levies alone pro¬ duce more than Puerto De¬ June on 1978 Sch. Dist., general"1 hospital bonds. Feb. 1, 1950. Due on Feb. 1 in 1960 and 1961. to ments. 1948 TEXAS about (P. Due to Galena Park basis of a 1951 of 1, 1948. the Chemical Bank at or Dated on the Carr, Co., New York City, at the option, of the holder. Legality approved by Chapman & Cutler, of Chicago. 50,000 the Island. half from 1965 inclusive. education necessary , M. sewer $1,000. Due largest improve the general conditions I Principal and interest (J-D) pay¬ City Treasurer's office, $400,000 road improvement, Series — ' 1.99%. and Dated June Bond 000 coupon lows: pledges to increased fa¬ gradually and health June sealed bids until 11 a.m. (EST) on Boston, Allison-Williams Co., of July 13 for the purchase of $450,- Minneapolis, Weil, Roth & Irving bonds, divided as fol¬ Co., of Cincinnati, Herbert J. voca¬ Secretary, bids alley dition Administration's and on able at the Offering—R. H. Ashmore, Clerk County Board, will receive items in the budget. The new ap¬ propriations follow the pattern of provide air¬ 27—v. awarded Spartanburg), S. Health, and an approved $12,000,000 for the Interior De¬ are June Bond The $15,000,000 for the Depart¬ partment 1 1 Univer¬ Bond Offering — C. B. will receive Blakely, July 10 for the County Superintendent of Educa¬ purchase of $75,000 general obli¬ tion, will receive sealed bids un¬ gation bonds. Denomination $1,- til noon (EST) on July 19 for the 3orough jealed bonds. on 2.02%. and Due 2*/4s. Offering—Wm. street, about Spartanburg 1 inclusive. bids until 7:30 p.m. (CST) on July 18 for the purchase of Feb. jointly, for 2y4s and 2s, about 100.005, a basis previous years, the larg¬ appropriation in the SOUTH Hicks, Due offered of June on 1968 Jr., City Clerk, will receive sealed in 1977 inclusive. 2454—were basis 1 1969 and 1970. Bond highest Bidder was Chem¬ ical Bank & Trust Co., New York, and McAlester G. Furman & Co., and 1 from 1952 to Pitcairn, Pa. Offering—W. H. Bond Dated Denomination p. Due June Nashville, Tenn. 1 1 The $225,000 —. inclusive. $750,000 ®4s. Sale on 1956 1957 to as in Due to 2s. as 20,000 W. a $90,010,- ley & Co., Inc., New York, as 2y4s, a price of 101.238, a basis of July about 2.077%. Second high bid of (DST) on purchase of $10,000,- Feb. 1952 from second at for 80,000 inclusive. on 2V4s. as from Craigie & Co., of Rich¬ mond, as 2s, at a price of 100.06, ment of bids until 11 11 $25,000 price of 100.009, a 2.07%, as follows: a about 1 Feb. on 1967 Due Feb. of inclusive. Due 1970. to bonds F. sity of Puerto Rico. —were a.m. basis 1969. as 171, a an¬ earmarked additional $2,000,000 for Bond An¬ 1957 to 2s. from Bond than $7,000,000 budget for the total a tional education l3/4s, Philadelphia School District, Pa. 1958 and port Island's budget is for educational services, with more than $23,000,000 assigned for the schools, and 171, 2559—were awarded to a synlicate composed of Drexel & Co., to Corp., Nashville, at National on , $125,000 street to Greenttille, S. C. The ->f Due 2y4s. as 1968 $97,409,000. sew- bonds offered June 27—v. :r 1952 as from single the Townsend, Sch. Dist., Pa. Offering—Ben R. Beisel, 1,000. Due 300. phia. from Philadel¬ 3s. as 615,000 Townsend, Budget, who been year's ceeded est the has Last 7 Jan. 966 "inclusive. 1975 of nounced cilities bated bonds. Munson, of and )00 Townsend, De¬ starting year has been Aug. & more operating enues bids until 8 p.m. (DST) July 12 for the purchase of $30,000 improvement coupon Dated July 15, 1950. De¬ nomination $1,000. Due on July 15 from 1951 to 1970 inclusive. $360,000 RICO Puerto Rico sources sealed Elliott on Southern Sale—The improvement bonds offered June 22—v. 171, p. 2455—were awarded the Equitable Securities 27—v. Bank, of Atlanta, and G. C. Haas & Co., of New York, jointly, at a orice of 100D7, a basis of about 2.24%, as follows: July 1, acfording to Roberto de Jesus Toro. derson, Secretary of the Board of Education, will receive sealed Paxton by Due Munson, its fiscal an 1974 by of for on Legality approved to and (Government of) purchase of $75,000 viaduct repair basis of about 2.74%. Ashley, Pa. I in G. Secretary, Bond ber — $1,000. 1952 Rico reduction of p.m. until $2,500,000 June Buffalo, Citizens Budget Slashed— The Govern¬ ment Nesque- bids offered National City Bank, of New York, F. W. Craigie & Co., of Richmond, Marine Trust Co., of J. Secretary of the Board of School The Treasury is expected to directors, will receive sealed bids live well within its income mtil Aug. 14 for the purchase of again, for annual receipts from income ,300,000 building bonds. at Co., G. C. Haas & Co., R. & Co., and Hallowell, Sulzberger & Co., jointly, for 3y4s, 2y2S and 23/4s, at a price of 100.05, White Offering 8 Meadville Dulles & Bond sealed approved Bond D. a until Murfreesboro, Tenn. Bond bonds p. Monday, July 3, 1950 . . nomination re- Pont & from 1960 to 1980 inclusive. „ The will The — 2455—were awarded to the inclusive. of District 171, July on Sale 1,235,000 general (P. by Munson, Director phia. ealed er revenue, Series of 1950 bonds offered June 29—v. 171, p. 2559— were awarded to a syndicate com¬ as bids Township & Jrum, PENNSYLVANIA posed from on agency in New York Altoona 5 Denomination Jan. 1 from 1952 to 1956 inclusive. Principal and interest (J-J) payable at the of¬ 1970 approved & Puerto E. (ub'jL on July 11 for the pur.hase of $225,000 road coupon bonds. Dated July 15, 1950. De¬ llliott Dated Jan. 1, 1949. r Elmer Secretary, receive legality July 14 for the purchase of $500,000 airport, Series K bonds. to PUERTO .hi. (PDT) on Due Sewer sewer poupon 15, 1950. $1,000. 1951 Pa. Offerin g—John nomination a.m. Bond phia. homing), Pa. sealed bids until 10:30 "* Elliott July 12 for the purof $110,000 building bonds. Bond I Dated July from Legality on Offering — J. P. Doyle, Assistant Secretary, will receive , to iauch Chunk Twp. (P. O. Bond 4 15 Co., of Pittsburgh, as price of 100.01, a basis sealed hase of of 1.54%. •; District, awarded District DST) York, Northern Trust Co., Chicago, First Boston Corp., Seattle-First A bonds. price of 100.18. a eive New of at er, syndicate composed Harris Trust Raymond — improvement nomination Pottsgrove Twp. Sch. Dist. (P. O. R.D. No. 4, Pottstown), Pennsylvania Bond Offering—Pearl S. Kess- J; Chicago, Chase National Bank, of ; 2660— p. Jenkintown as Lower erans' welfare bonds offered June r> Co., $160,000 1.87%. The second highst bidder was Harrison & Co., for Oregon (State of) Sale—The $4,000,000 vet- Bond Offering Greenville (P. O. Greenville), S. C. bids until 7:30 p.m. (DST) July 11 for the purchase ol on jf about & Co. and . 171, the to School :660—were from of July sealed Sale—The $285,000 school 3onds offered June 27—v. 171, p. inclusive. composed Pa. Bond from 1 inclusive. 132,000 2%s. Due An Latrobe Jan. on Greater 1950. on 1 inclusive. 96,000 2y>s. Due 1, inclusive jrice of 101.19. Jan. 1 from, on 1957 Twp. Sch. D'.si. (P. O. Norristown), Pa. Bond l%s, at a jrice of 100.40, a basis of about .58%. The second highest bidder vas Stroud & Co., for l3/4s, at a follows: $147,000 2y4s. 28—v. Trust & July to Middleton, Secretary of ihe Board of School Directors, will receive awarded vere 1952 Norristown pur- improve¬ $60,000 equipimprovement bonds of- June lank net in¬ a West p.m. the for street 8 Sale—The and ered Seattle, Chicago, 2.5988%, 12 $30,000 Jenkintown, Bond 2454—were awarded p. & William Blair & Co., jointly, at | $375,000 elec¬ bonds revenue 27—v. - until bonds. ment | July on of jnase Lincoln County, bids from Dated Legality approved by Reed, Smith, Shaw & McClay, of Pittsburgh. East 2559—were awarded to the United States National Bank, of Portland, as 21/£s and 2y4S. The second nigh- bonds. . . Aug. system 1 from bonds. 1951 to Due 1975 on in¬ clusive. 3,450,000 3% sanitary sewage disposal system bonds. Due ... on Aug. 1 from inclusive. 1951 to 1975 1,500,000 3% airport bonds. Due on Aug. 1 from 1951 to 1975 inclusive.' 980,000 3% park and recreation bonds. Due 1951 1970 inclusive. to on Aug. 1 from Volume 172 " Number 4921 and street major .3% 920,000 VIRGINIA . f 3%. bridge bonds. Due Aug. 1 from 1951 to 1975 School inclusive. 260,000 street Due 13 bonds. 1951 to from 1 Aug. on Due i Due bonds. house from repair street 3% 1951 on Aug. No. 1 inclusive. 1970 to Clark 618,000 surfacing street im¬ bonds. Due on Aug. 1 from 1951 to 1960 in¬ 21— State 171, p. 2560—were awarded to Fordyce & Co., of Portland, as 3s, 3V4S and 23/4s, at a price of par. storm sewer bonds. Aug. 1 from 1951 to 1975 State 100,000 5% general improvement bonds. Due on Aug. 1 from 1951 to 1960 inclusive. Bond building Edna), Texas Offering Bond M. — all Cobb, L. County Judge, will receive sealed July 10 the purchase of $125,000 road bids until 2 p.m. for Dated bonds. (CST) July on 1950. 1, Due July 10 from 1951 to 1960 in elusive. Principal and interest on payable State proved Jackson County Legality ap¬ the at Edna. Bank, Gibson, & Gibson by of Austin. Jim Sale—The $375,000 offered bonds school 26—v. June p. homa jointly, on a bid re¬ net interest cost of City, flecting a about 2.12%. Nueces Sch. County, Dist. (P. New West Oso Indep. O. West Oso Ele¬ Bldg. No. 660 at Cuddihy Field, Old Brownsville Road, Corpus Christi, Texas Atlanta, kins & offered as 100.01, No. District — Principal E. of Robi- payable office. Legality Offering — Due 2%s. 1 terest Morgantown, Bond W. payable at the Bank (J-J) Prairie du Sac. Sheboygan Falls Joint Sch. Dist. No. 1, Wi VIRGINIA-" WEST receive sealed (CST) on July 5 purchase of $82,000 re¬ of Prairie du Sac, May 1 on Bond Sale — The v. wa¬ 171, (Continued ter revenue bonds offered June 27 —.<■ on 37,000 2%s. as Due on July 1967 on July re¬ from 1968 to 1970 inclusive. (Dollar tional 10 second bonds will be from date. bidder was years highest Construction amounts in millions — 1?6 $290 2(92 and will not necessarily add to The Ditt- month, 26§ Issued tEstlmated Series totals) tAmount tAmount. Redeemed of Redeemed Outstdg. Amt. Issued. contract Indexes of W. F. based on data Dodge for without Index, seasonal INDUSTRIAL (1935-39 Ranson-Davidson Co., is publicly issue of $126,000 bonds, divided as follo.ws: an school house June from Due on 1955 1 bonds. and Iron steel and Apr. 225 ; A-D—: 204 222 225 to 48,000 3V4% school house bonds. Due on June 1 from 1956 to 219 209 222 219 209 270 218 273 270 218 187 Open hearth 206 204 187 206 204 Electric 755 739 433 755 739 438 +256 251 232 t256 251 232 +248 225 220 +248 225 220 Transportation equipment Automobiles (Incl. parts)— +232 204 184 +232 204 184 + 195 196 145 tl95 196 145 t205 207 200 +205 207 200 + 192 192 123 + 192 192 123 tl61 158 129 products refining Nonferrous metals and and Smelting Fabricating + 157 159 126 tl49 150 120 tl55 150 Furniture +171 175 139 + 171 175 139 and products , 190 221 207 206 157 + 158 155 156 tl75 124 123 + 175 174 140 139 103 140 139 103 343 348 214 154 118 185 200 +158 ~ and products Cotton consumption— Rayon deliveries »-vV"348 343 214 154 textiles Wool 197 196 160 210 Cement Clay products Textiles +207 -218 +202 clay & glass products— Stone, 118 0 — 101 101 95 95 Cattle hide leathers 109 109 76 73 Calf kip leathers kid and leathers and Goat lamb and leathers- 105 150 156 101 101 publishing consumption 138 173 + 158 153 157 149 156 +99 91 102 181 144 tl84 182 144 207 162 211 207 162 112 Newsprint 145 172 111 104 113 113 + 169 Paperboard +142 + 152 veg— +103 137 tl84 and fruits +157 105 211 Processed 163 157 + 174 foods— 164 105 + 142 Paper and products Newsprint 105 + 107 manufactured and 115 + 164 flour Printing 75 69 Meatpacking Other 78 79 170 155 +173 175 158 161 168 165 172 178 206 207 171 177 t213 206 207 96.79 Gasoline + 180 171 177 + 180 62.41 Fuel oil tl75 172 166 +175 125 442 22.05 174 175 170 169 +328 312 385 and products— coal Series 1,594 483 1,111 7,050 3,101 3,949 175 0 170 +328 312 385 253 233 169 252 234 + 254 147 135 + 150 148 +348 349 259 t348 349 259 Industrial chemicals 43.99 5,845 __ __ E-1944. Series +442 434 406 +442 434 406 +212 203 178 +212 203 173 + 147 147 149 + 147 147 149 125 131 136 125 131 136 131 143 144 +255 Series E-1946 ' 5,502 6,117 51.51 ,7.020 5,341 4,898 — 53.44 4,436 1,958 2,529 E-1947 4.141 1,477 2,665 35.67 E-1P48 4.252 1,240 3,011 4,178 3,312 products MINERALS 29.16 866 Rubber 43.65 Scries 20.73 ■?' Series E-1949 Series E-1950 — 1,472 69 1,403 $27,401 $34,496 Fuels Coal 44.27 ..' $66,873 A-E Series $31,339 - 46.36 $35,534 99 F and G: - ■ 83 105 99 83 105 + 158 Crude petroleum 155 155 + 158 155 155 + 136 86 142 79 302 97- + 121 Metals Iron 144 131 coal- Anthracite E 143 267 Bituminous 4.69 '$61,897 months! (5 Series Total 139 52.16 — E-1945 10.239 E-1943 Series 13.137 __ Series Series 166 174 Rayon 30.30 11.347 E-1942 68,000 3V2% school house bonds. Due on June 1 from 1968 to 172 V + 146 E-1941 Total inclusive. Beehive 79.14 105 168 $99 $1,037 123 lit products Tanning 11497 $3,938 _ 124 Lumber Lumber E: Series inclusive. 204 222 Chemical products Series May 273 Pig Iron 825 $4,976 . 1949 Apr. May May 222 May MANUFACTURES Adjustment 1950 567 Series index Without Seasonal $2,988 D-1941 Total payrolls =100) Adjusted for Seasonal Variation 1949 -1950 Petroleum (matured! Series 1951 inclusive. 1977 adjustment, PRODUCTION average By-product Indep. Sch. Dist., Texas Publicly Offered — The 1967 States. Eastern S3.087 D-1940 Rio Hondo 3% centered at To convert indexes to total by $410,269,000, three-month moving averages, 37 1.322 A-1935 to D-1939 Series and minerals multiply dur¬ +213 A-D: Series Series of about 2.63%. $10,000 indexes based on daily carloadlngs, and department store sales « offering 277 $ 0 bid reflecting a Bonds 287 294 273 «■ tPrelimlnary. available. employment Factory Sheep Percent tAmount 125 292 291 compiled by Bureau of Labor Statistics. page 60) ' 312.8 122 124 115 rounded 138.2 337.1 125 figures, shown in Federal Reserve Chart Book, multiply residential by $184,137,000 and all other by $226,132,000. Wheat op¬ Co., for 23/4S and 21/2s, on net interest cost & mar said of All 141.1 141.5 +345.2 ■ 122 , Savings Bonds Issued and Redeemed Through May 31, 1950 1 141.5 To convert durable Leather $264,000 United States 1 inclusive. Due 1951 to from —■ Manufactured food products 2V2S. 243 + 143.5 140.8 306 tl42.6 142.1 187 <■ 143.() 348 199 142.6 325 159 value 2560—were awarded to p. 0 <• 181 manufactures, non-durable manufactures, Indexes to points in total index, shown in Federal Reserve Chart Book, able by .379, non-durable by .469, and minerals by 152. funding bonds offered June 26— Va. Sale—The $2*50(1,000 218 • Machinery S. W. Westre, funding coupon bonds. Dated July 1, 1950. Denomination $1,000. Due on July 1 from 1951 to 1965 inclusive. Principal and in¬ from 1951 to 1955 inclusive. as the for of about 2.76%, as follows: 3,995,000 not yet •Data ap¬ (Town and Village), Wis. Bond Philadelphia, Thomas & Co., of Pittsburgh, and the Chas. N. Tripp Co., of Port¬ land at a price of 100.01, a basis May 143 1——_ total NOTE—Production, averages. Praire du Sac Joint Sch. Dist. No. 1 of on payrolls, District the at Stokes Due. 160 138 1146.1 — interest bids until 8 p.m. 3s. 178 1145 Department store stocks, value- Wis. 1, A. and Ditsrict Clerk, will as +180 145 t143.6 —_ Department store sales, value:.— Webber, price a follows: $103,000 as a Sch. Offering & Ce,y ^f^Indianaraolis, Rand & Co., of New York. Walter $1,005,000 161 140 284 Freight carloadlngs proved by Chapman & Cutler, of Chicago. | Robert Haw¬ basis of about 2.59%, a Paine, Curtis, at Treasurer's p. Corpus Christi, jointly, at a price and The second high¬ was & (M-N) Hughes 22—v. June Milwaukee, clusive. school tonio, and F. Bert Smith & ^o., of of of Seattle, Lyons & of Boston, Raffeftsperger, Co., 180 273 1, 1950. Denomination $1,000. Due May 1 from 1952 to 1966 in¬ Co., of Boston, Harold H. & 202 298 factory bidder Huston & Co., of Shafto, 179 221 on Graves of Chicago, Gordon 197 +229 — Nonagricultural chaud, District Clerk, will receive sealed bids until 1 p.m. (CST) on July 7 for the purchase of $30,000 building bonds. Dated May Securities Com¬ First t202 — _ . second York, Emerson .&• Co., of Austin, Clement A. Evans & Co.. of 179 201 value— contracts, factory Bond New 2560—were awarded to the First of Texas Corp., of San An¬ 171, Co., & 199 222 1143 — Total of 174 tl81 , __ Total Florence from 1956 to 1970 inclusive. Sale—The $140,000 bonds house Davis 188 Employment— June 100.04. Badgley, Frederick, Rogers & Morford, Inc., of Seattle, J. M. Dain & Co., of Minneapolis, Cullom Nondurable Minerals fire offered May Apr. 1193 t228 — - — _ 22— Jackson Wells, & Andrews May 174 t202 _... Durable Residential Algoma, Wis. $67,500 Co., est York, Shelby Total Total of about 1.99%. Inc., Mackey, Dunn & Co., both of mentary Bond City, May 190 Manufactures— Construction Gil¬ lespie & Wouters, of Green Bay, jointly, at a price of 100.07, a basis Coif Tri^p |c Co., & Co., of New York, 2660 — were awarded to Russ & Co., of San Antonio, and the R. J. Edwards, Inc., of Okla¬ 171, & Leedy, Wheeler & Alleman, of Orlando, Fordyce & Co., of Portland, Grande & Co., of Seattle, Stern Bros. & Co., of Kansas Apr. tl93 Total at bonds 1949 1950 May production— awarded to Robert W. Baird were of New York, pany (P. O. Hebbronville), Texas Dist. Bond house County Indep. County, Hogg Sch. to Roosevelt &FCross, & Co., 1950 Industrial Principal Sale —The Bond station Without Seasonal Adjustment 1949 All other p. series other all for 100 = payrolls; Adjusted for $5,000,000 Co., Hornblower & Weeks, First Michigan Corporation, W. E. F. S. Smithers & average and construction contracts; Seasonal Variation Commission, Fund or 100 for = March 1 on INDEXES employment for =100 1923-25 average 1935-39 WISCONSIN of Hutton Sinking average inclusive. ler, of Chicago. syndi¬ cate composed of Shields & Co., Eastman, Dillon & Co;; Salomon Bros. & Hutzler, Bear, Stearns & County Road District No. 15 (P. O. awarded • the First Na¬ tional Bank, Morgantown. Legal¬ ity aooroved by Chapman & Cut¬ Serial A of 1950 revenue, 2455—were Denomina¬ tion $1,000. Principal and inter¬ est (F-A) payable at the Chase National Bank, New Yo^k City. Legality approved by Reed, Hoyt & Washburn, of New York City. Jackson The — bonds offered June 28—v_.171, 1, 1950. Dated Aug. Sale 1939 (M-S) payable at the Charleston, College of Washington (P.O. Pullman), Wash. inclusive. follow: year ago, a March 1 on 1978 Denomination $1,000. 2,250,000 3% on Due to 2%s. Due as and interest v. clusive. month and BUSINESS from 1979 to 1984 inclusive. water June offered bonds revenue provement Due 1970 of industrial production, factory The indexes for May together with indexes monthly its 27 March 1 on of the Federal Reserve System issued Board of Governors June employment and payrolls, etc. March 1 on Due 2*&s. as from Sale—The $225,000 Due 2%s. as 794,000 Utility Dist. (P. O. Vancouver), Wash. Bond on from 1961 to 1969 inclusive. County Public 1 2%s. as 651,000 3% 90,000 Dated July 1, 1950. WASHINGTON ware- basis a from 1953 to 1960 inclusive. to 1980 inclusive. from 1951 a a $437,000 July 1 from 1951 to 1975 * 100,000 a.m. (DST) on July purchase of $2,250,000 bonds. on Federal Reserve May Business Index The Co., of Pittsburgh, price of 99.00, of about 2.58%, as follows: 10 the Due on Aug. 1 system bonds. jointly, at inclusive. 120,000 3 % fire station and alarm . for school inclusive. 1970 until bids paving 3% permanent improvement and Thomas & Offering—The County Board will receive sealed Bond Halsey, Stuart & Blair, Rollins & Co., Inc., Stifel, Nicolaus & Co., of Chicago, Co., Arlington County (P. O. Arling¬ ton), Va. 275,000 awarded to were J • , highway bonds. - Due on Aug; 1 from 1951 to 1980 inclusive. on (59) ' 59 The Comthercial and Financial Chronicle . . . 126 k ore . -T Series F and G-1941 1,547 303 1,245 F ana G-1942— 3.229 744 2,485 F and G-I943———->*»—*• 3.404 832 2,573 F and G-1944.__ 3.733 757 2,976 20.28 Series F and G-1945 3,170 533 2,637 16.81 Series F and G-1946_„_ 3.004 416 2.559 F and G-1947— 2 594 309 2,284 11.91 and interest Series F and G-194R___' 3.037 150 2,888 4.94 Marine Series F and G-1949— F and tPrelimlnary. 14.85 Series yet svaBaMe. 24.44 Series not 23.04 Series •Data 19.59 , Series 1, 1950. Denomina¬ tion $1,000. All of said bonds ma¬ turing in 1966 to 1977 are op¬ tional June 1, 1965, or any interest date thereafter at par. Principal Dated June York (J-D) payable at the Midland Trust Co., New Legality approved by & Crowe, of City. McCall Parkhurst Series Total Series — G-1950 and F (5 e_ £08 1 307 .12 $4,115 $22,081 15.71 Bond will Veterans' Land receive sealed land O —39 Giles, All series—Total 3.087 2,988 unmatured _vr. 32,604 57,477 36.19 10 $93,168 total $35,592 $57,576 33.20 May 1949 May May Apr. 130 Coal 119 123 130 119 181 181 173 179 177 171 Coke 127 131 150 112 115 132 66 63 7.3 59 61 134 129 123 139 129 . — products— — . 121 Merchandise, 215 217 63 137 126 135 53 59 51 66 128 . 135 51 l.c.l 121 133 Ore Miscellaneous Grand Apr. Adjustment •1950 123 96.79 99 90.081 matured " Total Without Seasonal 1949 -1950 May Livestock Board, bids until bonds. 138 =r-100) Adjusted for Seasonal Variation Forest July 18 for the purchase of $10,000,000 veterans' (CST) 99 redemptions (State of) Offering—Bascom a.m. and sales CARLOADINGS average > Grain Unclassified Chairman (1935-39 2.51 1,629 $26,197 months» G; Dallas. Texas 42 1,671 FREIGHT 54 . 267 , 127 « 59 on *Less Uncludes than $500,000. matured bonds ;tlncludes which have accrued not discount. been presented tCurrent redemption for payment. NOTE—To value. in Federal convert coal and Reserve Chart Book, miscellaneous indexes to points in total multiply coal by .213 and miscellaneous index shown by .548. f f 60 (60) The Commercial and Financial Chronicle BRITISH (Continued from page 59) city jointly,.as Co., 101.26, at Sale debentures awarded were 64,500 The — A. to Ames E. second about highest bidder was Harris, Co., and Blunt Ellis & Simmons, jointly, for 1S/4S, at a jtrice of 100.63. Hall & Bond Bond ALBERTA Commission, Alta. to were Wood. Gund.y & Co., of Toronto, and the D. M. Duggan Investments, of Edmonton, joint¬ Bonds Due from provement were at awarded & son a about bonds price of 3.69%. im¬ offered June Winnipeg, 102.51, Due a from Vale 139,000 1 to Dated Due 1970 8 14 lock & Que. offered to on basis of as 1951 to $160,500 97.27, a basis of a about 3.22%, from 23/4s. Due on June 1951 to 1960 inclusive. 1951 to 3s. Due as 1956 , Dated 2Vzs. as from 15 basis 171, 48,500 to 1965 on of at on to 114,000 a Bond works 98.54, as Due 1955 on July 2 from 12 Placements, 1955 inclusive. 1951 $150,000 water offered to of 97.81, inclusive. $62,500 July 1, 1950. of to 23/4S. as Due on 19* Ames & 1 about bonds offered to 3.17%. Dated July 1 from on Collier, of Norris Montreal, price of 98.50, 3.42%. on June Dated July 2 21 were Dudley Dawson, Ltd., and at a New Issues Montreal, Quebec both to 1960 inclusive. of price of 98.37, a Bond Sale—The $105,000 school as April E. 1970 inclusive. awarded from 1951 A. water June Onslow Protestant Sch. Commissipn Oscar basis of about 3.17%, a $70,000 Inc., 3s, at as basis a follows: July 1 from to July 1, 1950. Due Que. awarded were May 1 frora on inclusive. offered awarded jointly, Dube & Co., of Quebec, at a price 1 I Co., of Toronto, and the Societe de 1970 inclusive. bonds bonds were inclusive. paving Due 1970 Sale—The works July 2 to Sale—The water offered Plessisville, Que. Bond July 2, 1950. and to a follows: on 3s. as 1961 & Co., of of 3.08%, Louiseville, bonds sewer as 2%s. Due on May from 1951 to 1960 inclusive. Due 3s. as Dated about July 1951 Sale—The $224,000 and 15 $110,000 price 2y2s. as { t were awarded to Wood, Gundy & Co., and the Canadian Bank, of Commerce, both of To¬ ronto, jointly, at 98.69, a basis of about 3.07%, as follows: 2 June 2 from E. Ames a about 1956 p. June Due of the and jointly, basis at from 13—v. on to A. $101,500 of Que. Montreal, a 3s. Due as awarded follows: as $134,000 66,000 as 99.10, June on June 1951 to 1954 inclusive. Toronto, Commission Toronto, of 2.99%, price follows: 1970 inclusive. of price May 1 from awarded to MacTier & of Due Bond works follows: ception Sch. Comm., Que. Sale—The $200,000 school Ltd., Bank June Bell, Gouin- Co., of Toronto, at of Co., 2VzS. as Bond Sale—The $150,000 school bonds offered June 20 were inclusive. Montreal, $225,000 school bonds awarded were Com., 3.10%, ., M<*yg*X,~ Que. Dated June 2, 1949. about May 1, 1950. 2248-Uvere Dated April 1, 1950. 1955 to 1964 inclusive. a May 1 from on April 1 from on 1970 inclusive. were Lachute-Mills, L'lmmaculee-Con- Protestant Bond of about as 63,000 16 A. E. Ames & Co., of at a price of 98.67, a from 1960 inclusive. 3s. as 1951 July 15, 1950. Sch. Sale—The 4s, as basis a at June to to of $89,000 follows: 1951 to i 1951 to 1970 inclusive. construction James Richard¬ to Sons, of Bond $57,000 98.80, $266,000 23/4S. Due & QUEBEC Lacomhe, Alta. Sale —The basis Com¬ of offered Toronto, Co., Ltd., jointly, bonds offered June Acton Bond dated are inclusive. 1970 & Bank Toronto, as Granby as 3V4S and 3V2S, at a price of 1Q0.77. Due on June 15 from to Fairclough of 100.72. ly, 3950 to of 3.04%, highest bidder was Bankers Bond Corp., Toronto, and Bank of Nova Scotia. Halifax, jointly, at a price Bond Sale—The $180,000 school awarded price filtra¬ Co., of Toronto, and the Bank of Montreal, of Montreal, jointly, at a price of 101.01. The second fldmonton, Roman Catholic School 12 Sale—The $260,000 awarded of merce, Ont. plant bonds offered June 27 were Canadian the and ONTARIO tion June MacTier to 3s. Due as 1961 Bond Sale—The $152,000 school , awarded offered awarded Monday, July 3, 1950 . . ' Sale—The $405,000 school June 12 were bonds 87,500 Commission, Que. Casgrain & Co., both of Montreal, t offered Knowlton Protestant School bonds Toronto, as 3s and 3*4$, price of 1100.01, a basis of 3.18%. Renfrew, I>onds 15 inclusive. Granby Catholic Sch. Com., Que. & ' June on to 1975 i June '23 of a 1961 j Dated June 15, 1950. $367,000 offered ' 13/4S, at a price of basis of about 1.59%. The a Due 3s. as Westminster, B. C. Debenture Citizens State Bank, of Sheboygan, and the National Manufacturers Bank, of Neenah, cago, COLUMBIA from New Mullaney, Wells & Co.. of Chi¬ . & 3s, as basis of about. a July 2, from Quinlan, jointly, 1950. 1951 to Due 1960 in¬ clusive. Sherbroohe, Que. $13,694,000 Bond Sale works — and June 12 were grain & Co., price City of Oklahoma City, Oklahoma : of 98.61, 3.08%, to Exempt from Federal Income Taxes Under Existing Statutes and Decisions Due ft Maturities Yields Coupons 1953 4% 1954 Maturities 1.05% "A 1.15 1% 1.20 1956 1% 1.30 1957 1% 1.40 1958 1% Coupons 1959 1 4 1955 1.50 , as as 29,000 I Sch. to Com., the Que. Dominion 1960 • 1961 Maturities Coupons or Pi ice 1.60% 1965 2% 1% 1.65 1966-67 2 2 ; 1.70 1968-69 2 2 •'-! 1.75 1970-71 2 2.05 2 i 1.80 1972-73 2 2.10 1964 2 J;, 1.85 1974-75 2 1970 inclusive. Commission, Que. 2,15 Bond Sale—The struction were bonds awarded 49,000 45,000 3s. Due to 1965 Chicago The Marine Trust Company of Buffalo Hayden, Stone & Co. Fidelity Union Trust Company (Incorporated) , Bramhall, Barbour & Co., Inc. , Newark, N„ J., Wood, Struthers & Co. Wm. E. Pollock & Co., Inc. f Due 1970 Robert Winthrop & Co. King, Quirk & Co. Northwestern National Bank of on Aug. I inclusive. 1, 1950. Debenture Sale—The $l,107,0QO> 15 were syndicate composed debentuiles;:oi£ered; June a Toronto,...Batnk,r of Montreal^ Mills, Spence & Co.,<BelV-Gauin-* lock & Cp^both of Toronto, James Hirsch & Co. Richardson-Sons, of Winnipeg';! Incorporated , Aug. 1 from | of the Dominion Securities Corp.,, of Incorporated F. S. Smithers & Co. on 3*4s. | awarded to Geo. B. Gibbons & Company , : Adams, McEntee & Co., Inc. '• ° ... Harris, Hall & Company t 1 Regtna, Sask. , * ' Aug. SASKATCHEWAN Continental Illinois National Bank and Trust Company of on inclusive. 1966 to as from Due 1951 to 1958 inclusive. as Dated Aug. Barr Brothers & Co., 26: - 23/is. as 1959 advertisement, for delivery when, as and if issued and received by us and subject to the approval of legality by Messrs. Wood, King and Dawson, Attorneys, New York City, Eastman, Dillon & Co. June Credit An-- lows: offered subject to pridr sale before or after publication of this Kuhn, Loeb & Co. j the J con-? be added) from City Bank of New York offered to L $248,000 glo-Francais, of Montreal, at 98.54/* a basis of about 3.20%, as fol¬ $154,000 The National May 1 from May 1 from on Terrebonne Catholic School 100 1963 are 3s. Due as 1.95 1962 The above Bonds on Dated May 1, 1950. 1.90% to follows: 2%s, Due 1956 to Yields 1%% (Accrued interest and of J. C. Bradford & Co. Houston, Regina, at basis of Minneapolis Willoughby & Co.,. a price of 101.85, abc*it~3;3P%r $314,000 3% as- follows: a - health Janney & Co. centre, water house- connections and. street car debehture^r ~ v . . Blewer, Heitner & Glynn Robert Hawkins & Co. H. V. Sattley & Co. McDougall and Company Edward D. Jones & Co. 676,000 3~Vz% health centre, water house connections and street Pacific Northwest Company Sills, Fairman & Harris! Shelby Cullom Davis & Co. Incorporated i May 1 from 1951 to 1955 inclusive. $598,000 each August 1, 1953-74, inclusive $538,000 August 1, 1975 It," *■' on inclusive. — awarded 3.19%, AMOUNTS, MATURITIES, COUPONS AND YIELDS OR PRICE i * a about Securities Corp., of Toronto, at a price of 98.23, a basis of about /. i Cas¬ at The $79,500 school bonds offered June 15. extension # • i of 1951. Catholic $50,500 i Due 1970 Bond Sale were i basis a Dated May 1, V- ? 3s. as 1961 thereafter) Sutton J to Montreal, as 30,000 August 1, 1950. Due August 1, 1953-75, inclusive, as shown below. Principal and interest (February 1, 1952 and semi-annually payable in New York City or Oktahoma City. Coupon Bonds in denomination of $1,000, registerable as to principal only. Interest awarded of water offered 23/4s. Due on May 1 from 1951 to 1960 inclusive, 4%, 1%% and 2% Bonds Dated bonds follows: as $20,000 The $50,000 sewer Incorporated June 30,1950 Goodbody & Co. Incorporated car • i debentures. 117,000 3%% health centre,, water house- connections and" street car debentures. - - .