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UNIVERSITY MONDAY Michigan ISSUE AUG 3 1951 business1 BBItmun im M etna. Chronicle Reg. U. 8. Pat. Office Volume 174 Number 5033 New General RAILROAD York, N. T., Monday, July 30, 1951 Price 90 Cents Corporation and Investment News PUBLIC UTILITY - INDUSTRIAL - INSURANCE - Acme Steel Co.—Earnings Increased— Quarter Ended June 30, '51 Net sales income and surtax Normal Excess profits Net paid tNet __ income Divs. 1951 The 1950 SEC In This Issue Stock and Bond Quotations income $1,972,764 $4,241,653 *$2,858,608 $0.50 $0.50 $1.00 $0.75 $1.15 ^ $0.99 $2.14 *$1.44 New York tOn New York share_ per ♦Recomputed basis on basis of 1,986,648 of tax rates ,' effective for 1950. year shares outstanding.—V. 173, p. 1885. company July on 12 filed letter a of notification with Boston $1,000 each) through Odess, Martin & Herzberg, Inc., The proceeds will be used for plant expansion. Ala. 25 Curb Exchange Exchange Stock Los Angeles Birmingham, The corporation has filed an application to withdraw its common stock, $5 tration and request has hearing a According SEC Exchange__ given interested the upon Aug. the Allied of 13, 1951, Toronto 1946, to July 1, 1951, Feb. 10, 1947. Trading according to the appli¬ Exchange is states company listed and 2085, that the the on security 2285. / i , is York New ' ' and will Curb , continue to Exchange.—V. corporation offered at be to used i revenues flight Ground and taxes on per share— miles Course Foreign Revenue passenger consolidation milea above $2,426,544 the Mexico, included flown company's S. A. in The wholly owned accounts the of the Period End. June 30— before include its Inc., and Manhattan ? 1951—6 Mos.—195(0 $3,834,897 1,211,512 $2,463,943 638,823 138,100 *815,000 — — $197,993 $193,017 $396,512 $0,299 $0,615 $0,577 Reserve ♦The higher taxes $0,125 $0,125 $0.25 $0.25 estimated for reflect increases 1951 in the for Federal surtaxes and Pennsylvania income tax and tinuation of the 1950 excess profits tax rate.—V. 173, p, 657. American Hard Rubber Co. Net 1951 sales profit after Common ♦Earnings ♦After a rates common per 3 of the products which are of $1.94 Six Months Ended May American Phenolic Corp.—Earnings— June 30,'51 sales Cost earnings ^Earnings per ♦Not of year $6,161,477 4,884,258 sales of Mar. 31.*51 1,397,651 fl$3.08 ministrative period all income taxes and estimated excess profits were $1,397,651. This compares with $754,684 for the same last year, the increase being 85.2%. tAfter provision on restricted on According orders B 465,269 to now June 30.'51 June 30.'50 $5,717,056 4,189,802 8,799,890 548,875 492,841 1,041,716 744,243 $728,344 $539,312 $1,267,656 $783,011 50 opers. 14,220 14,270 Dr2,200 (net) income are in used outstanding (exclusive $728,394 $553,532 $1,281,926 shares. exceeds to demand by the The company the is 345,000 800,000 government. is for also an Net profit —V. 172, $273,394 $202,532 1729. p. $481,926 '■J 6 Months Ended June 30— , —V. 172, Net <• i.-. The continuation of the defense Co. to are be (& Subs.)—Earnings— { 1951—6 Mos.—1950 $ $ { ' $ / 80,052,655 65,631,330 164,162,542 119,752,781 1,190,949 2,389,638 2,439,6 1 8 8,772,738 *25,977,929 17.572,590 24,000,000 87,100,000 42,500,000 1,152,901 *13,370,984 41,900,000 taxes- 23,628,770 share per stock 31,667,643 $2.29 $3.13 of 48,694,975 : ______ then 57,240,573 ; : $4.74 $5.63 the capacity. capacity.—V. 173, of first quarter of 1951 and 3,835,069 net and 102%, respectively, Current steel production is approximately quarter of 1950, or 104.2% rated 1790. p. corporation covering July on 18 of first $175,000 195) $2,441,259 filed letter a mortgage of notification with f the 4% The for issued each, at par are to be and to $1,773,699 income Capital sold July 17 filed a letter of notification with the of 3% debentures, series B, due June 1, 1971. of $50, $100, $300, $400 and $500 to Forest Lawn Memorial-Park Association, Inc. to used Net income Federal and / from ^,, Canadian income taxes taxes $7,067,765 •After per share $183,771 $875,872 $0.51 $2.44 $233,387 $0.65 139,987 I all charges, $2,590,115 $1.86 $1.71 $872,737 $936,047 345,000 1 345,000 $2.53 including Federal and State income Offerings National Bank of Tulsa Edward D. Jones & Co. Members New York Stock Exchange Midwest Stock Exchange $4,440,208 1,860,087 1950 172, p. 1434. 1950 4,267,719 1951 We Want , $2,800,046 common preferred dividends.—V. 173, p. 1789. 145,78S 111,812 operations outstanding share (& Subs.)—Earnings— 1951 operations before $519,160 147,496 1,374,584 , Marquette Cement Manufacturing Company Tennessee Gas Transmission Company Interest, without underwriting. The proceeds capital Improvements and Investments, income ♦Earnings from make 4047. p. ' $0.92 (est.)— shares per —V. denominations accrued and be 147, on 72,293 1951—6 Mos.—1950 $2,397,953 $331,371 taxes $295,000 in 76,046 907,898 income Earnings corporation covering be $367,876 equipment ♦After to $1,315,315 plant on (George W.) Borg Corp.—Earnings— ♦Net Security & Fidelity Corp., Glendale, Calif. Files With Securities and Exchange Commission— SEC 1951—3 Mos.—1950 operations. Nine Months Ended March 31— 1950 1433. p. from Earns, per com. share —V. 173, p. 2086. L i American Net products & Moran proceeds . fol- Period End. June 30— Prov. $457,811 i important supplier American-Marietta income Depreciation 323,000 Six Months Ended June 30— government. expected before 4,110,656 net tons for Profit $780,811 455.000 — taxes— Anchor Hocking Glass Corp. common Hermann, Chairman of the Board, backlog $10,000,000 which includes over $4,000,000 of through Mason, Chicago, 111." The 1951—3 Mos.—1950 income the and of shares). outstanding f (Sidney) Bluxnenthal & Co, Inc. (& Subs.)—Earnings )' bef. income Federal income —v. Grover M. contractors let-up shares common common 210,930 government orders. many which the class ilBased No for providing for preferred share dividends. §Based direct sales unit, per of , bonds, series A, to be offered at 101 and accrued interest by Wachob-Bender Corp., Omaha. Neb. The proceeds are to be used to retire the outstanding first mortgage (closed) 3V2% bonds and to convert to dial operation. — 3,915,632 expenses— Net profit from of Increase , (ingots and castings) for the second quarter 1951 of 4,054,664 net tons averaged 101.6% of the rated capacity 16,000,000 net tons per annum, as compared with steel production SEC Six Months Ended 754,684 §$2.78 share. for The — $4,947,785 $11,109,262 Sales 1950 during this period of approximately $3,000,000 to acquisition on March l and April 1. This 61.8% over the corresponding six months of last when sales were $17,028,227. taxes, to taxes common including an tAfter of after - -—♦$27,556,344 $17,028,227 - subsidiaries prior two was 1951 iL $5,000 Selling, general and ad¬ (& Subs.)—Record Earnings— 31— sales tNet at Co., both 449,738,997 354,505,134 876,141,692 670,866,472 income 101% 224,343 88,477 & wells. tons for the second of American Seal-Kap Corp.—Sales Higher— Net Evansville* Ind.—Files With SEC— billings common 185. p. ~ . Blair Telephone Co., Blair, Neb.—Files With SEC— taxes $5.99 stock of drill tEarnings 56 major producer of building materials, American-Marietta will benefit by any modification of controls or credit restrictions which would result in increased activities in the construction of housing units, schools, hospitals, and other buildings.—V. 174, p. 1. 1950 88,477 ... to Prov. a Net profit $6,521,666 share preferred dividends.—V. 174, of NOTE—Steel production Other 582,577 American-Marietta Co. sales July on lowing deductions of con¬ $11,539,835 taxes shares outstanding was $194,978, or 19 compared with $130,460, $3,602,764 for the same 1950 45 If fighting ceases, will require being supplied by the company. (& Subs.)—Earnings— 24 Weeks Ended June 17— Net $0.48* income _ Interest and other chgs. Depletion & depreciation ;• System even program, Net * net on net $250,000 Cruttenden Net 45 Statement of Member Banks of $372,123 $0,307 share $7,924,889 492,201 615,593 $4,126,931, 1986. p. corportion shares Total , Earnings per share (af¬ per of Bethlehem Steel Corp. / _—— —3 Months Ended-—> Divs. 1950 $8,918,747 • ♦Including provision for amortization in 1951 of emergency facilities. tAfter deducting quarterly dividends on the preferred stock. 266,700 taxes) share sales $ 45 Capital Flotations for the Month of May , Profit after taxes 1951 . $0.60 the quarter net Period End. June 30— —45 Federal Reserve May Business Index As -Earnings— 331,117 *407,200 ' ' 52 subsidiary, American Air¬ following subsidiaries are Chefs, $1,283,103 taxes-.** ter 500 and used in 605,193 Income and excess prof, income 1951—3 Mos.—1950 taxes discount and <& Subs.)—Earnings ; -1951, on per covering Net $0.27 $1,957,520 Profit general 16 filed a letter of notification with the of 6% convertible sinking fund notes dated 1, 1951 and due July 1, 1956, and 25,000 shares of common stock (par 10 cents) to be offered in units of $5,000 of notes and __________44 Rates Banks Condition 28,228,359 of American Encaustic Tiling Co., Inc.Sales the. company's share cents The SEC —1,175,331,987 793,099,969 statements consolidation—Sky Terminals, Inc.—V. 173, p. 2493. Air $0.90 ._ consolidated Ini. Basin Oil Corp., Condition Statement of Federal Reserve 555,045 35,093,661 . the . taxes June, share period.—V. 173, 33 of Bank Clearings Exchange Combined 2,180,000 $6,532,867 income.— flown de 34 after per per 13 or Stock Exchange Dividends Declared and Payable 196,387 9,850,000 . Revenue with (par $25) to be offered The proceeds will be used ___ the For cents 33 The 22,745,317 23,858,440 29,923,114 (net)—_ income Earnings not . State and City Bond Offerings, 1950 28,443,402 — *___ * —. .. , notification of i. O.—Files With 34 Federal lines Markets Redemption Calls and Sinking Fund Notices..45 1951 — miscellaneous NOTE—The Earned Miscellaneous Features $74,945,770 $51,765,346 —_* Provision for Federal Net 40 General Corporation & Investment News.Cover (& Subs.)— Earnings— expenses expenses Interest income on 6 Months Ended June 30— Direct working capital for ; July 250,000 American Airlines, Inc. Total Exchange SEC Index of Stock Prices. July 16 filed a letter of notification with the shares of common stock (par 10 cents) to be $i per share, without underwriting. The proceeds are to pay drilling expenses and to survey oil land. covering Net 43 Aloilco Corp., Birmingham, Ala.—Files With SEC— The SEC tha stock sales ' . letter a common Six Months Ended June 30— National Quotation Industrial Stock Averages.33 be 173, filed 18 of shares business. Net 39 New York trustee.—V. 173, p. 1986. as per'share/without underwriting. (B. T.) Babbitt, 37 42 Transactions July on 2,000 additional loan _38 Transactions New York Curb Exchange longer no with 37 Exchange Over-the-Counter 1, $27.50 as Exchange_____37 Dow, Jones Stock and Bond Averages registered pp. Stock corporation covering at __36 Stock Toronto Stock Exchange—Curb Section Products necessary. The SEC Stock Exchange Stock The 35 Montreal Curb Market application. application, 1,050 shares stock were traded on the Exchange from Jan. the most recent transaction having occurred activity thus has decreased to such a point, cation, that continuation of listing on. the Francisco Montreal v. until persons San per¬ regis¬ notification Auto Club Finance Corp., Cincinnati, Securities and Exchange Commission— __34 Stock Exchange___ Pittsburgh Stock Exchange for form par the to the value, the Midwest Stock Exchange. on Commission The to listing with working and Southern National Bank •' 34 Philadelphia-Baltimore mission for of company has called for redemption/on Sept. 1, 1951, $72,0OO its first mortgage 3% bonds, series due 1963, at 101'/a% of the principal amount plus interest. Payment will be made at The Citizens 34 Midwest Stock Exchange Allied Products Corp., Detroit—To Delist Stock— used letter a cumulative preferred stock to be without underwriting. The proceeds capital. share), per 30 Stock Detroit SEC covering $100,000 of 20-year 7% sinking fund bonds dated Jan. 15, 1949 and due Jan. 15, 1969, to be issued at par (in denominations of 4% of 13 Cincinnati Stock Exchange the filed of The (Stocks) Stock Exchange (Bonds) New York Alabama Flake Graphite Co., Birmingham, Ala.—Files The Exchange be (Ohio)—Files With SEC— 13 ($100 par Corp. July shares on 3,000 Atlanta Gas Light Co.—Partial Redemption— Page Stock at to are $2,268,889 share per corporation covering offered „ tax MISCELLANEOUS - Anderson-Farmer 6 Mos. End. June 30 Mar. 31, '51 $23,151,032 $21,663,216 $44,814,248 $32,559,696 6,116.692 5,490,647 11,607,339 5,316,418 2,722,710 2,580,604 5,303,314 ♦2,232,896 1,125,093 937,279 2,062,372 *224,914 — Operating Copy a Chicago Board of Trade New York Curb Exchange (Asso.) 300 NORTH 4th STREET St. Louis. Mo. (2) CE 7600 $2.71 taxes. 2 The Commercial and Financial Chronicle (358) rfV I Citizens Utilities Co.—Earnings— i Boston Woven Hose & Rubber Co.—Earnings$7,152,605 990,820 ■___—- profit Operating Other income ,1951—9 Mos.—1950 1951—3 JMos.-rrl950 period End. May 31— Sales $3,832,662 $19,400,479 $10,317,956 • 11^196 2,453,939 249,628 109,147 income for taxes- $2,563,086 $370,660 Other Net income income —V. common per 1,589,457 153,859 Other $216,801 $973,629 $77,089 $219,272 share— Federal 'Earnings July 24 announced ttiat it has negotiated through Kuhn, Loeb & Co., con¬ tracts for the sale of $30,000,000 of 3^2 %. consolidated sinking fund debentures due Sept. 1, 1971, to a small group of institutional investors. Delivery of the deben¬ tures is to be made in instalments on or before " 5 30, 1953. exchange for an equal amount of the company's presently outstanding 15-year sinking fund debentures due April l, 1963, and the proceeds from the re¬ maining $24,000,000 of debentures will be applied to the construction of a products pipe line system extending from the Linden, N. J., refining area to consuming areas in eastern Pennsylvania and central the Of State.—V. York New will $6,000,000 debentures, 173, in issued be per May 12, '51 fiales May 13, '50 $4,918,522 $3,016,862 _ profit after of $1.25 Number taxes. i preferred shares outstanding—— shares Common "♦Earnings preferred per 75,377 the For 497,980 $0.37 $1.63 share.—————— -V. (which there is an accumulation of unpaid dividends, •On 173, 378. p. third With ordered in units locomotive diesel 40 the steadily- alone, 1951 of this roalroad is keeping pace with for the acquisition of this modern power announced by the management in 1950. The company's total capital expenditure at that time called for $400,000,000 to be spent in i the five next years. affiliated income Net —V. in Columbia Gas System, corporation advances Co. borrowings 174, When this later will the company Canada. across Canadian Pacific will see 28 freight and passenger trains in the Canadian Rockies p. 102. power and Mountain subdivisions Calgary and Revelstoke.—V. 174, the Laggan between Telephone Co., Weaverville, N. C. Carolina Mountain ' to year completed is lines by the placed order diesel delivered units ■on diesel latest The ■ of the new units units rolling on its delivery 230 have Commission— '.—Files With Securities and Exchange July 13 filed a letter of notification with the covering 100,000 shares of capital stock (par $1) to be offered at $2.15 per share to stockholders at the rate of one share for each two shares held. The offering will be underwritten by Interstate The • company on 43EC kindred current and 186. kindred 1 ■Securities Charlotte, Corp., loans.—V. retire 171, N. The C. proceeds to are (Prom the companies' The - Interest expense f 2,009 1 r ______ in the a as $2.27 Offered—rThe corpora¬ offered to the . in invested be . past the railroad include bends, of to ■ and railroad stocks and kindred securities. As of pay bank loans fcr and utility Income the and y.;/:. have 173, p. best known the leading of paid ' without interruption Net Net 1951 ■ 1950 utility operations $24,153,584 from $21,864,198 361,650 209,224 $24,515,234 $22,073,422 8,415,812 6,949,828 _ income ;_ income. income —V. share of capital stockoutstdg. at end of period per shares on shs. aver. 174, p. & Raynolds Prov. 1951' <• ' —$25,316,741 before for $1.96 $2.01 $2.01 Co., Inc.—Earnings— sales Profit $1.80 outstdg. during the period 4. Devoe Net $16,039,423 $15,123,594 — 6 Months Ended May 31— covering v utility operations—___$158,920,165 $139,746,921 and taxes : 134,766,581 117,884,723 corporate income Based - for 2387. expenses from Deductions and. several (& Subs.)—Earnings— May 31—... from been largest of y income Gross construction of States most United income taxes • ■* ^ 1950 ' ? 1949 $20,355,394 $19,756,327 2,453,746 taxes income 1,378,000 1,303,091 496,000 695,433 264,000 — Fed $1,075,746 $807,091 $431,433 $1.87 $1.54 $0.82 Hed. income taxes (est.): Income .Excess tax 139,010 346,200 ______— 289,110 674,800 . The -V. income 173, $572,620 $217,352 $285,161 — $455,847 1790. p. Central Hudson Gas & Electric Corp.—Earnings— Operating Concord Fund, Inc.—Net Assets Show Gain— $3,968,437 $17,460,315 $15,691,220 $4,216,780 revenues ^Oper. income after Fed. taxes ♦Net 520,459 547,153 __ 350,175 outstdg. 1,622,397 „ income 'Common shares •After dend com. share. interest and requirements <411,385 in each of 1,606,193 1,622,397 1,606,193 $0.70 $0.70 $0.15 income ' $0.18 reservation; $102,847 months' 12 2,228.661 1,553,394 2,188,996 393,424 ' ,®arned" per in each period.—V. 173, 1,528,858 preferred months' p. assets Number Net period 1790. Net 1951—Month—1950 $i,578,683 revenues. profit after int. ' and of Common dividends ♦Earnings . *Based . V. per on paid number sales—total Profit before Prov. ,174,337 41,801 3,199,836 501,605 2,774,839 501,605 $3.23 of shares outstanding for 1951 income taxes Fed. & inc. State Earnings —v. per 173, p. of Pennsylvania—Equipment Trust Cer¬ Stuart & Co. Inc., and assoelates on July 26 offered $2,745,000 of 3% equipment trust certificates, series A (equipment trust of 1951) maturing annually Aug. 1, 1952 to 1966 inclusive. The cer¬ tificates were priced to yield from 2.50% to 3.125% according to maturity. Issued under the Philadelphia Plan, the certificates are being offered subject to authorization by the Interstate Commerce Commission. The ' ' . group were awarded the certificates 4k Hutzler The for a certificates ■equipment will estimated to be was one 1791. 1,004,582 July 25 on of 99.2799 ". .... . . Other deductions , Excess ^ or (income) 1951 ; "Based p. on Net $792,542 $371,867 $1.40 $o,C6 —_______ common share ; ♦Not Including $199,000 of insurance monies.—V. 172, p. ^ercla* * -Financial Chronicle (Reg. U. S. William Dana Seibert, 2125. 1 1,086,434 —_———$3.43 Income taxes to actual $2.11 rate average Cr8,400 Other 135.000 220,000 (& Subs.)- -Earnings— *■' ' 1951 1950 1949 1943 $2,429,262 $600,649 $449,384 $290,333 94,504 profit 60,768 26,300 31,175 $661,417 $475,684 $321,508 — • $2,523,766 244,847 — deductions Net 25.800 . * ' taxes—_ 124,854 104,167 1,413,398 203,894 141,176 $865,521 income profit Preferred $207,600 $165,000 $2.08 shares $1.65 outstanding at June 30, 1951.—V. $332,669 $230,341 dividends - - 90,747 87,689 - $143,072 11,977 12,961 $853,544 $319,708 $230,341 $143,072 $2.42 $1.00 $0.72 $0.45 ■ - • " Balance Earns, r—V. 173, per com. share 172, p. 2379. Oversubscribed Gas Co. further proposes to loan _ $5,000,000 to Hope - * is as re¬ > W. Va.) on the latter 3y4% non-negotiable loans likewise to be made during the period ending July funds are needed by Hope for construction.—V. 174, p. 274. simultaneously offered in Canada by a group headed by Wood, Gundy offerings were oversubscribed and the books Both closed. ; ; .. . . PROCEEDS—Proceeds imate 5,000,000 purchase and notes. The to on used be ploratory, ; from Canadian the dollars sale and of will these be shares applied in will approx¬ part to balance for the drilling cf $2,721,500 of the company's outstanding will be added to the general funds of the company acquisition and ai» and when required. other of VOTE; On account of the fluctuations in the rate of exchange, remittance for u.' Dana Company, (Continued Publishers, 25 Park additional operations and properties expenses of It is the present intention of the on page and the for foreign subscriptions and advertisments must be made in New York funds. ex¬ company management 8) Place, New York 7, N. Y., REctor 2-9570. Herbert D. Seibert, Editor and Publisher: President; Wdliarn D. Riggs, Business Manager. Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday). Other omces: 135 S. La Salle St., Chicago 3, UL (Telephone STate 2-0613); 1 Drapers' Gardens, London, E. C., England c/o Edwards & Smith. Copyright 1951 by William B. Dana Company. Reentered *s second class matter February ^5, 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 PanAmerican Union, (45.00 per year; in Dominion of Canada, (48.00 per year. Other Countries, (52.00 per year. William B. the retirement " July 24 bought for cash the entire capital stock of the Dixon Manufacturing Co., Inc., of Coffeyville, Kans., contract manufacturers of aircraft components, according to William M. Cam¬ eron, Vice-President of Continental's Central (Metal) Division," who is now also President of this new wholly-owned subsidiary. company Ltd. — Stock Offering 500,000 shares of $2.50 headed by Carl M. Loeb, Rhoades & Co. at $10.60 per share. The balance of 150,000 shares were & Co. Natural Continental Can Co., Inc.—Acquisition— The of fered in the United States by a group of 40 underwriters (Clarksburg, the (Western) Offering — (Canadian) par value common stock was made on July 24. Of the total offering, 350,000 shares are being of¬ SEC The East . Consolidated Exploration " to Finance— during the period ending. July l, 1952, as, financing quired by East Ohio to carry out its construction program. Patent Office) for 2388. p. income Federal issued $638,306 266,419 173, income Total May 27, 50 839,041 21 Cr23,000 share. subsdiary, 1, 1951, $1,631,583 — Federal 2,078,146 ... Ohio Gas Co. (Cleveland) was authorized to issue and sell to Consolidated an additional 80,000 shares of capital stock (par $100 of East Ohio for $8,000,000. The share's are to be notes, June 2, '51 Profit before income taxes— for income taxes $2,297,646 1,086,434 taxes 1791. One• Collins & Aikman Colrp.—^Earnings— 1950 * 4,375,792 $1,985,200 This company and certain of its subsidiaries have received' authorization to enter into certain financial transactions. Bros. r? * - ,9,748,954 6,022,228 ; outstanding share—— per restating Dome by new standard-gauge railroad cost. $3,437,093. The equipment comprises Provision Other 1,693,6Q0 1__ net tax— 99,916 1951 * $39,087,052 $27,808,213 6 Months End. June 30— .1950 $2,290,800 profit per present $3,726,726 shares Operating .1,860,400 taxes: produc¬ expanded EARNINGS OF * i Net secured Quarter Ended— STATEMENT — Dobeckmun Co. ... surtax profits ♦Earlngs 1200 h, p. Diesel electric yard switching looomotives and thirteen 1600 h. p. Diesel electric road switching locomotives. Associated in the offering group are R. W. Pressprich & Co.- The Illinois Co.; Freeman & Co.; Wm. E. Pollock & Co. Inc., and McMaster Hutchinson & Co.—V. 174, p. 274. profit "•Earnings per and the -v income #taxes__: Fed. & State income for 1950.—V. Corp.—Earnings— —— income accommodate dollars^ $0.86 Expenses Normal to profit. Capital their on from Salomon before V-"After 1,004,582 $0.52 sales and «une • $863,487 $0.67 share common Consolidated Natural Gas Co.—Units bid received 3V4% coupon. >782,002 $525,000 Net $1,465,489 250,000 • revenues Provision 1949 Not avail. 1,004,582 outstanding—_____ Costs Federal remodeled be CONSOLIDATED ' foid of 99.046. The only other $10.03 775,000 , 490,000 $674,000 Consolidated Cement Net will ■ Earnings profit Capital shares period.— tificates Offered—Halsey, •? 1950 1,164,000 taxes— $2.84 during building facilities.- Profit $10,962,000 : $9,964,000 revenues. Six Months Ended June 30— RR. > project project new Six Months Ended June 30— Net 173, p. 2386. Central ... 1951—12 Mos.-—1950 share common average $11.99 share per 6 Months Ended June 30— $1,432,953 $21,554,541 $18,805,640 ,222,765 41,801 value asset on silicate of soda furnace Conde Nast Publications, Inc.—Earnings— ' < & taxes July 26 announced plans for an expansion plant at Dallas, Texas. estimated to cost several hundred thousand calls for the installation of a large furnace to supplement the tion of three rmaller-type furnaces now in operation. The. $521,294 51,958 79,369 -;.V y':v' Alkali Co.—Plans Expansion— company The —V. 173, p. 1791. divi¬ Central Illinois Light Co.—Earnings— Period End. June 30— Cross shares of A share——. 1791. p. Diamond 1950 $951,678 class per 173, The :,S; 1951 AS of June 30— Net Net v —V. Total before and three profit Earnings on at its 1951—12 Mos.—1950 1951—3 Mos.—1950 Period End. June 30— corporation July 16 filed a letter of notification with the SEC covering 1,990 shares of common stock and 1,000 shares of preferred stock to be offered at $100 per share, without underwriting. The proceeds are to be used to pay for construction and operation ol television broadcasting station. i Net Net Community Television Corp., New Orleans, La.—Files 159.900 83,300 profits tax * of securities in 30 different Class < I compantes. Included among - its invest¬ makers. years.—V. 10 revenues Other corporation on July 23 filed a letter of notification with the $100,000 of 6'/' cumulative deferred debentures due in 10 or 2o years, which are to be offered at par (in denominations $100 each), without underwriting. The proceeds are to be used make loans and for working capital.—V. 172, p. 1130. 5, 6,613 ? • . railroad - owned kindred 10 in equipment Total - wholesale the City of Richmond as well as supplying gas to other major Virginia citres, companies profits excess closed-end investment company vof the a balanced fund in railroad and common company securities The 138,355 117,205 69,454 59,177 — will investments Its 12 Months Ended 172, p. 1632. SEC $889,925 $1,524,525 $427,825 $773,838 — and Gross Finance, Inc., Newark, N. J.—Files With Securities and Exchange Commission— 1 1951—6 Mos.—1950 1951—3 Mos.—1950 operations depreciation "Depreciation —^ of Community from before Stock proceeds operating the systems Based on books, subject to audit and end of year Period End. June 30— ITofit 1951 , DIVIDENDS—Dividends the at serves company utility ■ $2.48 $215,000 for of -V" type 1951 are railway (& Subs.)—Earnings— adjustments) 860,055 program. . —V. Central Foundry Co. - 30, railroad corporation has borrowed $900,000 privately line bonds due June 1, 1970, it was announced on July 26. The New York Life Insur¬ ance Co. purchased $850,000 of the bonds and Life Insur¬ ance Co. of Virginia bought $50,000. be used to 946. p. 4,768,628 $1.18 ; net securities. ments first mortgage 4ys% pipe to 2,384,815 ^ Detroit Edison Co. used : — provision preferred stocks, railroad June Commonwealth Natural Gas Corp.—Places $900,000 be 4,760,000 $6,607,606 860,055 4,545,871 ' Bonds—The well 6,500,000 $7,450,394 securities. management t on proceeds 640,000 $3^567,714 430,027 — " July 13 filed a letter of notification with the SEC covering 1,800 shares of <a'/< cumulative preferred stock to be offered at par ($100 per share), without underwriting. The proceeds are to be used to retire present indebtedness. ; The 2,040,000 on railroads on ; "726,740 tax—_ Corp.—Common PROCEEDS—The Commercial Mortgage & Finance Co., Rockford, 111.— company * _i_ months' general public. Files With Securities and Exchange Commission— The income BUSINESS—The company is the subsidiaries to finance pur¬ inventories, and will bear interest at by 274 pp. " 896,480 2,100,000 additional stock in the company has been ; $400,000. used be to 1,106,904 July 26 offered through security dealers 127,364 shares of common stock (par $5) at $6.25 per share. This is the first time since original incorporation in 1905 that follows: as (Pittsburgh), are for ..their gas 2%%.—'V. rffifeived on July 23 subsidiaries, to Gas Home chased tion Ino,—Advances Authorized— SEC authorization to make The Ohio Fuel Gas Co. (Columbus), $4,300,000; United Fuel Gas Co. (Charleston. W. Va.), $3,900,000; The Manufacturers Light & Heat Co. (Pittsburgh, Pa.i, $2,100,000; Central Kentucky Natural Gas Co. (Charleston), $565,000, The cash 1,433,734 444,851 dividends—— Culver 370 359 30 at June r 1951—26 Wks.—1950 1951—5 Wks.—1950 103. p. 961,333 taxes on Earnings per common share_ $19,242,000 $16,368,000 $99,796,000 $85,698,000 operation 174. " V i—__— — 170, p. 2023. - 1,050,000 - —— six June 30,'50 v I • $5,702,565 $16,946,874 $14,134,346 Preferred dividends——— tax.—V. ; $14,551,807 $13,027,442 942,538 income Common June 30,'51 - " depreciation Federal for "Prov. , * End. —Six Months Ended—• from , „„ for ; companies) ;t companies "Includes Stores and Income Reserve Inc.—June Sales— — securities Taxes, other than Federal same Colonial Stores, The expanding dieselization program the $68,000,000 five-year plan from Total time, the directors also voted an extra dividend of 3% In stock, with the same payment and record dates. This is.the fifth successive year in which the company has declared an exta dividend payable in stock.—V. 173, p. 1475. the At Equipment— Canadian Pacific Ry.—Orders New the annual the directors on July 23 increased straight year, dividend and ' sales $4,760,027 _____ ______ basis, by declaration of a semi-annual dividend of 45 cents per share, payable Aug. 20 to holders of record Aug. 1. The previous semi-annual dividend payment in February had been 40 cents; and the common stock had previously been on an 80-cent annual cash dividend basis, established in August, 1950. A 70-cent annual cash basis had previously been in effect in 1949. 75,377 497,980 $o.9i company's dividend, establishing the common stock on a 90-cent cash 122,913 28.276 ——— operations, before taxes and depreciation Balance of reserve no longer re¬ quired after the sale in March, 1951, of a foreign subsidiary CO—" Income Period End June 30— .Net subsidiary Profit from in Stock— and Declares 3% Increases Cash Dividend Sales Burry Biscuit Corp.—Earnings— 28 Weeks Ended— domestic 3 Mos. $250,815 shares outstanding at June 30, 1951. •'Based on 275,167 1986. p. Refining Co.—Earnings— its June 30,'51 fee Privately Placed—The company on June taxes (Including 153,843 - $302,851 share—$1.10 income Net ■/ Line Co.—$30,000,000 of Debentures to *Buckeye Pipe income Corn Products 8,590 125,353 140,447 201,996 notes.—.—--—.—— and State and Crl2,641 $2.02 ,!■; $10.88 ; -,f- bonds on $525,960 Crl0.450 7,076 deductions v'j'Si" >-;y, 168, p. 2004. 1,508,344 $641,921 taxes—:— income 54,708 Interest Wet $2,034,304 1,623,214 . before income income Operating $131,797 $1,010,558 791,286 taxes— before Income more 1950 1951 $2,265,135 Operating revenue deductions-—_———- ■•»*■■■' prov. The Dixon plant, which comprises a number pf buildings aggregating than 150,000 square feet on the McGugin Air Base, is a major producer of components for the B-47 program, as well as spares for the L-5*, B-50 and B-29 programs. Continental plans to expand these facilities in Coffeyville to handle additional contracts which are now being negotiated.—V. 173, p. 2609. ; Six Months Ended June 30— Operating revenues 121,032 15,601 19,738 __ Monday, July 30; 1951 ... Volume 174 Number 5033 .... The Commercial and Financial Chronicle k % (359) Capital Flotations in the United States in May And for the Five Months of C Corporate flotations in the aggregate placed here in the United States during May amounted to $411,442,333, showing a sharp reduction under that for the month of April, which totalled $740,109,596, and to a lesser degree for May, 1950, which figure stood at $622,164,815. I A division of the over-all total for May of the current year into new the fact that money purposes and refunding discloses $398,365,883, or 96.82%, represented the former,, while only; $13,076,450, or 3.18%, was raised in May to refund outstanding obligations. ;• ! (•;""• ; \ Contrary to developments durihg April of the-current / year, the figures for May reveal a decline both in total issues and that of over-all dollar volume. { or 6i (no par) of the Sylvania Electric Prod- • ucts, Inc., and $10,000,000 314% collateral trust deben¬ tures, due Sept.'.1,! 1963, of the Fruehauf Trailer Sales/ Inc.,iand a like amount comprising 100,000 shares of! 5.10% cumulative preferred stock of $100 par a share of the Tennessee Gas Transmission Co.. ! Corporate issues placed through the private route with insurance Companies and others in May amounted to 44 in 47.71%, of the over-all total, while the latter totalled $118,226,603, or 28.73%; miscel¬ laneous, $51,270,700, or 12.46%; iron, steel, coal, copper, etc.; $20,681,250, or 5.03%; railroads, $14,020,000, or 3.41%; land, buildings, etc., $8,150,000, or 1.98%, and shipping and,oil, together, $2,800,000, or .68%, of May's aggregate emissions. Prominent issue, or issues, that is referring to the size of the placed during May included: the $50,000,000 offer¬ ing of Consolidated Natural Gas Co.;3y4% 25-year sink¬ ing fund debentures, due in 1976; $40,000,000 314% first and of refunding mortgage bonds, series G, due May 1, 1981, the fidison Consolidated of* New Co. $30,000,000 National Dairy Products tures due June 1, York,: inc.; Corp., 3V8 % deben¬ 1976; $20,000,000 3%% first mortgage line bonds, * due pipe transmission'Co. and of the Northeastern 1971, of 11951 i follow: • January February March April > 31 . , 32 - issues large placed in la$t, May, were Ohio 314% 'debentures, Co. Edison due May placement made 1, 1961; last of a , . substantial increase $232,067,911, amount for May, a and year Mar Mar 1 tMar Mar 8 91 8 Mar 15' Mar 15 Mar 1 , Total for days days days 91 Mar 29 Apr 5 Api 5 Apr 12 12 Apr 19 Apr 19 Apr 26 Apr over biiilding Total 15.02 46.50 Apr 39.13 rep- ' the aggregate ago. No r bonds. l—. 99.619 *1.501 days 91 days 1 29 years 29 years 10-12 yrs. ■ a a 6,864,000 100 2 160,794,800 100 b ' for 26 'if 1.001 004,000 1,000 603,000 *1.52® 99.619+ *1.506 2% , 2% a 8 692,000 100 2 r 14J 067,500 ' 141,067,500 April *1.517 99,613 + *1.52® 5,957 702,500 100 7,615 046,500 100 a 309, 724,094 100 b : 8,692,000 2 years 99.617 99.614 1,000 486,000 1.002 033,000 1 12 years 1: *1.403 359,254,793 1,642,994,000 1,743,013,000 1,929^12,000 2,158,970,000 5,957,702,500 7,615,046,500 309,724,094 I 91 days 1 99.646 5,736,245,593 days 91 Yield 18,036,358,594 3 J 91 days 2,176,555,000 1,101,893,000 99.619 3 May 10 1,100,696,000 99.589 May 17 May 24 1,100,683,000 99.598 *1.591 May 24 May 31 1,866,295,000 1,865,807,000 1,899,895,000 1.967,257,000 99.604+ *1.566 May 17 91 days 91 days 1,100,004,000 May 10 99.596 *1.60® 295,407,448 1,100,688,000 295,407,448 4,269,000 4,269,000 100 2 285,581,400 285,581,400 100 b May 91 days " 91 days i May 1-31 May 1 May 1-31 May 10-12 yrs. 12 years May 1-31 May 15 3 years •V Total in made United States Possessions May, but Canadian Government prised the $50,000,000 Province of Ontario were issues com¬ flotation of 3%% debenture^ to be used for expansion of the Ontario Hydro-Electric Power Commission facilities; $20,000,000 Toronto, Ontario, 3-3%^3y4% and 3%%. debentures for *1.503 ►1.626 a a capital purposes, .and thb $10,468,000 iSsue of City of Edmonton, Alberta, 3M>-33/4-3y8% bonds for the im¬ May..! 6,089,221,848 ♦Average rate series, on bank a which of ! —. 44,057,399,621 discount basis.< a Comprised of about c 1.07%. Sale 1 of .these Treasury notes of series each month. 1.40% par per and 1951 to interest Series bonds D A discontinued on Aug. 31, 1948. J, 1948 and interest accrues three years interest approximately 11, 1949 these notes are sold at was began maturity Effective annum. or Aug. Sept, from the first day of the month in which Savings Notes Sale began on May 15, and accrued interest to the 15th of tha Treasury are sold at if held to and 1.88% held accrued and month If par maturity or three interest years, USE , Ty|>e Dated , of OF FUNDS Total Amount Security Accepted New Refunding .-T- New Refunding $153,524,409 — $19,394,000 February April ; Jan TOtal $172,918,409 4 91-day Treas. bills Jan 11 91-day Treas. bills Jan 18 3,496,500 91-day Treas. bills 184,713,434 Jan 25 10,228,600 181,216,934: 167,914,060 Dec 15 91-day Treas. 5-year-Treas. notes Jan 1 U.S. 1 Tax ' >157,686,060 _______— ' 228,498,911 Total 3,569,000 332,067,911 407,213,400 —_ May - 4,436,904 411,650,304 Jan bills Savings bonds Antic'n $1,128,139,714 New Capital 13,305,818 258,004,658 561,315,835 1,003,199,000 Indebtedness g v, 1,002,226,000 1,000,933,000 1,000,019,000 1,000,127,000 2,580,000 2,266,00 0 4,536,732,000' 4,536,732,000 * 475,471,856 475,471,856 i 2,368,000 notes. 1 % 254,822,300 2,368,00® 254,822,30® $41,124,404 $1,169,264,118 . Refunding Total t New Capital Refunding 458,562,725' 245,505,085 369,879,536 26,543,235 396,422,771 152,629,633 81,607,950 878,867,160 369,211,355 169,185,100 669,290,335 2,611,000 Total 538,396,455 173,308,060 , ' 7,512,700 ! $ 461,173,725 253,417,785 471,112,531 8,540,037,000 737,508,15® 1 91-day bills 1,103,230,000 1,100,384,000 2,866,00® 8 91-day Treas. bills 1,103,139,000 1,101,597,000 1,542,00® 91-day Treas. bills 1,101,541,000 1,100,787,000 754,00® 90-day Treas. bills' '1,102,764,000 1,102,764,000 15 23 1 Feb Feb Treas. 1 Total U. S. Savings bonds 386,383,630 Depositary bonds—1 -H949- 107.974,500 20,678,427 mm 9,277,545,156 Feb eb 1051, 1950 AND 1949 % fcty Feb Feb tl950- Total v 1,002,226,000 1,000,019,000 1,002,707,000 Depositary bonds Jan g ' MONTHS BY approximates per annum. .Total municipal financing for the first five months of March sepa¬ E have 10-year maturity, are sold on a yield 2.90%; series F have &'12-year maturity, basis, at 74, and yield 2.53%; and series Q have a 12-year maturity, are sold at 100, and bear 2V2% interest, b Comprised of separate issues designated Treasury notes of tax series C-1947, C-1948, C-1949, C-1950 and Series A-1954: Series C earnings • 1951 is set forth below; January three series discount basis at 75, and are sold on' a discount purchased. hew provement purposes. for Total for five months.; rate , offerings for the 797,259,210 February *1.405 1,000,875,000 •1 the figure for April $214,764,703, 91 * < 1 Apr 1-3C Apr 26.26 hospital construction bonds, and the $60,000,000 offering' by the State of Washington of l3/4-2-6% public;school Refunding • *1.406 99.645 1,721,778,000 ;Mafch-_:_L_; Apr 42.64 $ 244,698,840 99.645 1,001,564,000 1,685,866,000 91 i 1,742,454,000 22 Mar 29 91 1,682,245,000 1-31 Mar 1 10-12 yrs. 359,254,793 1-31 Mar; «, 12 years .}'+ 6,864,000 1-31 Mar l < 2 years 160,794,800 Mar 26 Apt Apf1-30 Apr Apr 1-30 Apr Large domestic offerings placed during May included $65,000,000 issue of the State of Michigan, 2%-l%%.' 1951— v— *1.39® the SUMMARY OF CORPORATE FINANCING JTanuary 99.649 1,904,082,000 91 days * Mar 22 Mar 26 j % of Total Below we present a tabulation of figures since January, 1949, showing the different monthly amounts of cor¬ porate financing. Further revisions in the 1950 and 1951 figures may be necessary, particularly as additional pri¬ vate financing is brought to light. Capital Price 1,105,413,000 1,100,691,000 1,000,789,000 days Total for Jariuafy__..'.i. New Accepted $ $ « ' of 436,224 shares up , .i.——44 resenting the $12,759,552 22 May notes, due May 1, 1971; $14,238,900 Wheeling Steel Corp. Feb ! •. Municipal financing in May totaled $411,650,304, $15,000,000 offering of Allied Stores Corp. ZVz% promis¬ sory ; $67,758,250 169,016,591 131,971,250 344,178,458 161,000,000 53 _w__ Amount Applied for . . Mar compared :•» Total Amount 30 _________— i.__ May - Other ahd . notes, due May 11, 1976, of the, CroWn Zellerbach Corp. i month's1 total No. of Issues Gas like amount of 3% promissory a the , months Due • Mar offerings $344,178,458 made hp of 53 issues in April! last, $164,164,703 in May, 1950, representing 44' issues, or 26.4%, of that month's total financing. • U :r Corporate : issues,, placed privately in the first five . i of $161,000,000. i These with while preferred $196,293,780, 39.13% Dated r.. ;number, and totalled comprised Amount Offered Mar v. and totalled $68,503,433, or 16.65%, of that month's total, issues numbered only 11 offerings and amounted to $22,205,000, or 5.40%. ( Referring to the type of issue, it is found that, con» trary to the previous month, public utility offerings resumed their traditional lead in May by surpassing other industrial and manufacturing flotations; the former Date common stock 22.05%, common and preferred stocks. ■ ; Stock placements in May comprised 43 common issues amounted to 1951 stock; $11,650,000 consisting of *400,000 shares and Turning to the various classes of financing, a study " of the figures discloses the'.fact that $320,083,900, or 77.80%, represented long-term bonds and notes; $650,000, or .15%, snort-term bonds and notes; and $90,708,433, { Of common i Tax for .-Zi 386,383,62 ®> '4,977,000 4,977,0C® notes. Antic'n 115,973;800 115,973,80® February First quarter... 1,411,837,586 : April May 121,457,003 1,533,294,589 Second —. 660,442,721 79,686,878 l...— 398,365,883 13,076,450 740,109,596 411,442,333 1— quarter-i 1,083,156,823 297,838,027 402,004,050 3 74,844,020 614,494,-966 1,380,994,850 93,863,740 • 1,391,343,036 39,260,000 1,136,320,341 49,383,700 1,185,704,041 495,667,790 685,798,072 622,164,815 . 247,320,795 278,222,725 ' 431,852,531 297,729,400 1,236,224,508 1,221,250 687,019.322 34,050,000! 331,779,400 30,519,224 1,266,743,822 892,717,691 619,407,260 2,010,750,296 ' 2,219,752,070 65,790,474 2,285,542,544 3,356,072,411 115,174,174 3,471,246,585 4,918,028,430 4,405,532,000 512.496,43® Mar March 1 91-day bills 1,105,413,000 1,102,005,000 3,408,00® JMar 8 91-day TreAs, bills 1,100,691,000 1,100,691,000 Mar 15 91-day Treas. bills 1,000,789,000 1,000,789,000 Mar 22 91-day Treas. bills ,1.001,564,000 1,000,809,000 Mar 29 '91-day Treas. bills 1,000,875,000 1,000,875,000 U.S. Savings bonds 359,254.793 Mar Mar ZZZZZZZZZZ Six months ZZZZZZZZZZ July...— ZZZZZZZZZZ 2,474,499,859 917,245,287 3,391,745,146 * 300,444,815 - 22,064,333 136,537,955 20,630,000 271,729,170 September.. -k Third quarter / - ';■ ■ 1 '*'■ .314,192,984 ~ 886,366,969 - 322,509,148 334,822,984 179,232,288 1,065,599,257 717,116,106 . Mar : 3,360,866,828 1,096,477,575 4,457,344,403 October- 466,612,806 348,560,754 394,499,274 November. December. 25,364,226 466,983,169 140,034,110 186,679,039 8,118,500 43,097,486 76,580,212 ; 793,696,318 191,754,386 4,264,942,903 160,794,800 5,736,245,593 5,205,169,000 5 91-day Treas. bills 1,001,004,000 1,001,004,000 Apr 12 91-day Treas. bills 1,000,603,000 999,894,000 91-day Treas. bills 1,000,486,000 1,900,486,000 Total Apr March — Apr 26 91-day Treas. bills 1,002,033,000 160,794,80® 531,076,593 709,0C® 1,002,033,000 104,958,444 549,555,878 Apr 1 29-yr. Treas. bonds 5,957,702,500 5,937,702,500 38,775,000 306,924,805 105,249,790 Apr 1 29-yr. Treas. bonds 7,615,046,500 7,615,046,500 479,943,369 Apr 1 U. S. Savings bonds ' 309,724,094 497,521,087 374,693,579 1,087,440,818 248,983,234 1,336,424,052 4,570,539,662 1,352,291,656 5,922,831,318 5,160,629,335 440,737,620 5,601,366,955 Apr 1 Total Treasury Financing in May UNITED ; Secretary of the Treasury Snyder announced on May 28 that owners of the 2%% Treasury bonds of 1951-54 STATES TREASURY Date Offered Dated redemption on June 15, and owners of the three issues of VA% Treasury notes maturing July 1, will be offered 9V2-month 1%% Treasury certificates of indebtedness to be dated June 15, 1951, with an adjust¬ ment of interest on the maturing notes to that date, The called bonds outstanding amount to $1,626,686,150 maturing subscription books notes $8,445,058,000. The were opened on Monday, June 4. The this offering will be given in these columns aggregate next month. $ $ 1,100,004,000 Yield May 24 91-day Treas. bills 1,100,683,000 1,100,683,000 % May 31 91-day Treas. bills 1,100,688,000 1,100,688,000 May U. S. Savings bonds 295,407,448 May Depositary bonds.. 4,269,000 4,269,00® May 15 Tax Antic'n notes. 285,581,400 285,581,40® 1,865,410,000 1,002,226,000 99.651 91 days 1,653,764,000 99.649 + *1.387 Jan 11 Jan 18 91 days Jan 18 Jan 25 91 days 1,937,512,000 1,748,818,000 1,000,019,000 1,002,707,000 Dec 4 Dec 15 5 years 4,536,732.000 Jan 1-31 Jan 1 Total for 1 Feb 8 6 Feb 15 91 the amount of days Feb 15 Feb 23 90 days 1 $755,000,000, will be called for redemption on Sept. 15, 1951. ; The Treasury Department in May outside of the above, confined its operations to the usual weekly sale of Treas¬ ury Bills, Savings Bonds, Tax Anticipation Notes and Depositary Bonds. ,, ; , , Jan 25 Feb 1-28 Feb 1 91 .? a b 1,103,250,000 1,103,139,000 99.648 + *1.391 1,101,541,000 99.648 ♦1.391 1,102,764,000 99.653 ♦1.390 386,383,630 4,977,000 Feb 1-28 Feb 2 years 115,973,800 February Total for Total for May five - months 386,383,630 i 6,089,221,848 5,503,964,000 585,257,848 44,057,399,621 41,230,868,000 2,826,531,621 (Continued on page 6) 1,898,002,000 ; 295,407,448 1% 1,852,077,000 10-12 yrs. 1,101,893,000 2 days 12-years for a 91 days Feb 1-28 Feb Total *1.389 100 254,822,300 100 2,022,964,000 Feb ; 99.649 100 2,368,000 1,904,536,000 . 99.648+ *1.391 1 9,277,545,156 Feb .\ *1.381 4,536,732,000 475,471,856 January. Feb ■ Price . 11 ;; The Secretary of the Treasury announced on May 14 that the 3% Treasury Bonds of 1951-55, outstanding in ~ 460,192,594 1,100,696,000 Jan 2 years 1,101,893,000 1,100,004,000 4 2,368,000 254,822,300 18,036,358,594 17,576,166,000 1,100,696,000 Jan ■:■} 475,471,856 for April Treas. bills 91 days 12 years 141,067,50® 91-day 4 10-12 yrs. 141,067,500 91-day Treas. .bills Jan Jan 1-31 Jan notes. May 10 1951 26 Jan 1-31 Jan 8,692,00® Tax Antic'n 91-day Treas. bills Dec 1,003,199,000 8,692,000 May 17 DURING Accepted - bonds. 3 Amount Applied for Due - for FINANCING Amount 309,724,094 Depositary Apr May of for . 444.597,434 tRevised. results 359,254,793 6,864,0C® notes- 268,149,805 1,465,486,915 Twelve months the Antic'n 423,807,902 103,021,813 1,209,672,834 and Tax ' 6,864,000 544,157,926 77,545,120 75.247,148 ' 4,073,188,517 255,814,081 Fourth quarter i 1 Depositary bonds 755,0C® ' Nine months called 1 t. Apr 19 441,618,943 131,915,610 143,581,553 408,267,125 Treas. 99.648+ *1.391 a 2 115,973,800 100 b comprehensive table on the fol¬ we compare the May and the five months' figures with those for pages a 4,977,000 100 In the lowing 4,918,028,430 corresponding periods in the four preceding, thus affording a fiveyear comparison. the L years 9 O o 3 o ft ft o ft ft <-». ft s s ftu o ft =r o o o ft w r*« <—A c 20, 0 48.09,0 107,694.076 2,0 ,0 31,8210 2,50,0 203,96 450 19,06598 t Total : 715,98615 co CO 8,95.412 125,93418 5 4,109 2,50 , 0 2.50 . 0 1,30 0 31.82,10 7,629,50 23,02439 37,10 294,8251 3,50,0 179,3841 2,304,109 1,250, 0 —-. 18,92 50 537,41 53? | m _ — — —— - - 16,4350 945,0 0 80 ,0 0 -1947 Refundi g ft 2 ,50 0 187,90 5 32,90 1,405,643 35,82351 1,50,0 -1947 Refundi g 2 8,5 7 0 89.TlO~367 $ 37,10 206,8710 3,50,0 50,6850 1,750, 0 1,250, 0 ft Total — _ V82,671450; " ■ 7.952,0 "•■ 90,1.367 2,50 0 270,5895 286,917 28,5705 ■ - 7 >>v1 24,3870 945,0 80 ,0 0 — 286,917 319,4782 ^ . - . ' -;.v New Total 525.0 0 307,450 63,2890 19,6524 $ -194ft Refundi g 2,9 5,1 0 v: ft Capit l • 20, 0 15,70. 106,28 43 2,0 ,0 361,75 0 4,154,6 7 Total 48.5,0 7,982,015 60,9162 Refundi gJL& -1948 1 638,0 24,3850 178,240 86,42350 ft Capit l 62,1485 70,250 317,90648 725,0 {CtDPSefroRxavhlmclBiavpnGnouu>itencrsv.-prfdeldtsmisk.,, FMYOTSECIIUTSOVAHNRNPHRIERAED OFTMYIFNAELIHUAGAVOVCRERPNSDGMLT, " 247,30795 30,8150 14, 6294 29,52089 $ 725,0 374,8 02 39, 0 30,791354 718,50374 142, 90 Capit l 243,7125 1,36910 60,17480 59,78625 $ New Total $ 650, 0 41. 2,3 86r4~806 257,0. 41,65034 320,890 2,05 68,5034 Refundi g 7,514 50 4.20~6 1,362,30 Capit l FOCREPIGNAT, 584,0■=. 0 2,0 ,0 1 650. 0 Capit l 312,56970 18,05. 0 67,14 3 OSUMFARY Total '■. ' . 6 1,20 65,897 ": .r*_ 12,80 304,530 - 432,40 -—• *" . *'v-;" . 150,w0. f;54 9,103 37,15065 13,07865 "20,35264 — mm _ 309,103 > v :» ft 2,340, 0 14,05 0 43,08 0 69,750 65/70, 6,50,0 7,80,0 $ ''■U-. 391,264. ; ' 1,093,60 2,~9l20 ■ ''Jm' 4,154,6 7 - _ 193, 0 . 1,9360 r■, 209,812 0,35264 584,0 2,0 .0 24,8960 387,1097 6,50 , 0 1,40256 8,50 31,7940 > / • "T"'; 1 1,402,560 750, 0 9,165,0 10,738 40 X,' 12,05640 43,08 0 193,05840 1,250, 0 7,150 - , ■ 20, 0 36,o 16o 1,250, 0 2,80,0 20, 0 r. 2,340, 0 1,402,560 750, 0 90,738 40 9,1650 102,5640 34,05 0 43,08. 0 163,05 84 74,9150 6,50,0 1,402.560 8,50, 0 297, 40 1 . 12,0 0 12,70 0 93.627,496 1,041,648 1,479 34 506,92 1,280, 0 18,04 65 125,976 5 68,2450 315,97 46 6,541,648 6,26,0 84,73.684 89,651.82 10,79 0 4,0 0 35,94 165 62,1485 70 ,0 68,2450 2 .350 5,0.0 6,26,0 72,56370 89,14.90 9,510, 0 4,0 ,0 5,908.50 483, 150 $ 82,0—524 V24,3850 215,397605 ~■■ 2,340. 0 " • • 1_ Refundi g 30, .0 174,395 2 2"7, 2.0 7,50.0 4 9,50 Capitl 38,2450 47,954.75 5,0 0 6,26,0 4,79150 81,6490 9,510 4,0 ,0 5,49.0 'i $ -1950 New Ftehoadgernfacly NOGREUWFPI 1,6.037 fraomnunicpayltes 398,65 3 80^46 0 59,83.0 407,213 0 $ New 65,897 V--. New Total - —■■. : 240,1725 4,204.0 1,3 0,9 0 1,3 0,9 0 247,3095 10,6910 1,36910 89,423096 1,04 68 1' : 9.81,46 506,92 1,280, 0 18,04 65 120, 3795 38,2450 137, 571 6,541,648 6,2 0 5,30 214 82,15 82 10,79 0 4.0 ,0 34,16875 374,8 02 "1 70 , 0 243,7125 1,7804 29.40 7 7,50,0 5,872,870 30. ,0 178,59 25 1.6 8,470 s i; -• 150, 0 650, 0 50 .0 0 14,02 0 137,20. 20,3890 92,075. 0 1,0 ,0 8,150, 0 1,80,0 45.60 0 320,890 $ ■ 59.03,780 4 2.350 25,61 03 ^ - 1 ^ 18,2603 1.0 ,0 8,150, 0 1.80,0 51,270 41, 23 5," 2~0"76 90,7843 14,02 0 196.23,780 20.681,250 . 13,076450 197,650 4,36904 215,7834 Satanteds $ —195 683,90 1,02463 854,820 Refundi g 23,17025 1.30.90 5,018,05 8,0 ,0 10,675 - 43,08 0 79, 50 1,250, 0 68.50, 6,50,0 7,80.0 207,38 0 2,340. 0 Total -194 - *—~t42 90 1— 20,35264 584,0 2,0 ,0 24,8960 / ft - ' "* ■ 297, 40 50,6 0 35,06 9 475,8150 12.70, 0 65,19230 ;60,41 5 8,0 0 • :? 1,9360 83,2941 24,3850 217,69 805 , Capit l ft 193, 0 2.340, 50,780 51,27640 -1950 •. Refundl g 10.6 16 1,250, 0 2,80l0 $ 132, 072 14,80. 24.0357 3,50,0 154,7 .18 1,359,109 450, -■. —w 18.642,583 217,96 7 /I 37,81 05 13.51,05 20,35264 • 34.05, 0 38,07 0 6,892104 79,012 4 •S 150, 0 525,0 0 ■■ ; - 375,0 0 2,9 5,1 0 '. ' New Total New 7,342,583 *• r"': i : 387,109 ' " >-v-. -' -1,357 0 Refundi g $ 14,05 20,o 76 -194 18.0148 nm"7—■ '= 24,385.0 179,850 87, 150 584,0 2,0 ,0 12,80 307,45 0 ft ' 35,270 182,3 01 604,51 78 207,380 2,340, 0 70,8 0 51,27640 ft "•-5■ 5 4,109 6,2 3,962 2,50,0 "• r ~• 31,7940 8,6750 341,957613 762,4103 Total 2,50 . 0 1 304,530 62,90 70 19,27824 New Capit l New 84,125.0 190, 3216 65,0284 459,103 $ 14,80 18,795 3,50,0 34,250- 805.0 450, 0 1,30 0 83,2945 ft • 391,264 65,897 726,20 367,40 vr,- : ; 1,8547.' Capit l 532311797,4,916892 83,294.5 2,50,0 14,56083 17,56 98 - $ -195 Refundi g 1.60 0 $ 914.150 5,0 .0 20 .0 7,514,50 New 6132,0 i,"8o~ ,6 ■ . 4,91 50 13,076450 1 ——' 50 ,0 14.02, 0 20,3890 87,05 0 1.0 ,0 8.150, 1,80 0 4,685. 0 312,56970 $ ilo lo 5,62,30 1,362,30 v'| ACHNARDTE Capitl 135.60, —— " 150, 06 650, 0 58,93780 42,350 24,89"30 — — — Il520l76 85,146 3 14,02. 0 194, 3780 20.681,250 1 864.30 1,0 0 8,150 ilso .o o 46,35 0 398,65 3 - — &c. 945,823 bfuontayides Notes- i manufctrig heoltdcin.g, Notes- manufctrig hoeldtcin.g, manufctrig — heoldticng., manufctrig hoeldtcin.g, notes OMMANFTYHCorpate— -".'Domestic— bLoonanngo-ttdeedrssmSihort-e-m s-tockrstock ]Candi— bLoonang-dtersm Short-em Presftockd stock foreign- boannotdedss Short-em stock stock corpateBIntearaniokl {GCovaenrnmdiatnfogroeveirgnmnt—G_Laoaancisdn, •Municptal—eSte,s,PSost:aines toal dinfigcnluuoordeest MOMANFYTH BLoonagn-Tdersm —. "ut:iles ecscottpoealr,l,,Eqmaunuifpmtent aacesnorid inadunstrdl Laend,/btucilgs itntrvraeusdtsmingn,, Miscelanous Tot*al BShoaonrt-Tdesm"i utiles ecscottpoearl,,l,Eqmaunuifpment aacensorid inadunstrdl -i bueldtcing.s, ttrInravuedsstimngn,,Miscelanous Shock/:s>— i- utiles cecsootptealrl,,,Eqmuaniupfme—nt aacensordi inadunstrdl beuildtncgs, :Ji. tItrnraveudstsimngn,,1Miscelanous 'Total '-Total—.: —* utiles cescotpotealrl,,,Emqaunuipfment aacensorid inadunstdrl —- bueiltdcn.gs, *—.S.hipngtIrtnarveudstsimngn,,Miscelan—ou-s Tsecocourprittaatel Pre/ red Com on ' ' Long-term Pref red Com on Com on , . I.* Other ; Grand- •Tbesa Total T Other Farm United " " w Railroads Public^ Iron, * • Motors Other Ship ing ''' f" Railroads Public iron, Motors Cither Land, Rub er Ship ing Oil » • 01 CU to Railroads Public Iron„ Motors Other Land, Rub er Ship ing j ' Railroads Public Iron, Motors Other Land, Rub er Oil '-'•j Total 39 ,0 0 1.392,4065 63,8250 385,4762 187,031 $ 10,273497 Q2jl'ro~Q0 75,0 0 230,5 0 1,30726,418 52,0 0 *98,150 62,045 3,50,0 2¥o7O 354,605 10,750 3,1 0 65,0 0 50,2 0 20 ,0 0 945,0 Refundi g 24,30 0 371,05642 3,0 ,0 47,136 95 31,46 10 25,0 0 1,635 86 20 ,0 0 Total ' 3,250 31,90 57 —1947 Refundi g 504, 83 2 139, 652 45,0 0 148,05 0 17,6 832 29,0 0 $ 39 ,0 Capit l 87,b56827 60,590 246,01 47 15,9254 $ S -1947 59,750 63,8250 207,914 6 294,12 73 25,64 739 3,20,0 2,0 ,0 50,1 672 98,150 870,18.543 3,50,0 2,80^0 652, 73 127,395 36,1 0 65,0 0 2^0 ,0 159,2 67 708,930 4,908,317 24,30 0 523,4 519 3,0 ,0 59,7 153 945,0 31,46 10 25,0 0 708,930 9,578,03 3,0 5,0 3,25,0 Capitl 74,510 291,5840 3,50,0 19,80 307,2 805 10,850 1,650UuO 40, 0 48,56 14 10,273497 82,1 0 30, 0 82,0 0 23,0 0 1,295 86 New 4,05.0 152,4687 12,6 458 4,05,0 56,40 60,59 0 5,67 19 281.54P81 25,64 739 3,20,0 1.291,07 45,2 35 375,0 0 $ 1,450, 0 1,925,0 New 000 Total $ 2,398 0 1,925,0 213,45738 261,35084 467,850 1,3 98 4,150, 0 5,0 0 214,7*0 961,748.0 36,50 0 5,0 ,0 8,50,0 426,9350 27,30 26,54 0 14,0 0 $ Total 10 ,0 0 J225, 147,8 95 10,738 0 123,046 135,76814 10, 0 47.384,7 , 15784031,2,1,25296680 74,51 0 347,2607 3,50 0 19780 0 592,8360 126,450739 4,850, 0 40, 0 l7027 9LO 150,3469 214,70 1,096 75 47,238 0 5,0 0 8,50,0 549,726 403,5614 26,540 14,0 0 U0, 0 8,05974 261,1270,3638799545064 15,3081294,52779466360 3431,8075,8,262467,47152809896155DfRtFfebSG^BrvacImeohaonaluttvnsdgpicrumpdelimynrdektas.yl. NTFMEFCI3SSUOTNOIRHENVADPAHWRRYEAESD 15,21,70.088665434297 121,,67868904305,29651349.04573 ETFMFLMFGANIOUOOHADANVVRERCERYNPIDMGSGNLT, 65,897 40 ,0 297,30 14,87561 Refundi g 157,641 50 6,814,05 5,043,52 $ -1948 Capit l $ 2,08174 50 1,859103 206,31 256,30712 5,0 0 2,640, 0 165,83 950 263,05 15,0 0 New Total $ 1,75 2 08 Capital 419,03 0 1,04.68904 16,0 0 22,6,001455384763 65,897 Total 10 ,0 0 172,04. 0 913,820 30, 0 0 ,0 8,50,0 407,13850 251, 0 15,24 0 14,0 0 $ 65,897 309,103 Refundi g 42, 90 47,92 80 6,50,0 19, 650 21,075 0 1,30 0 9,40, 0 $ -1948 170,48 0 1,29 0827 3,750. • 329 1,450, 0 1,859,103 5 Ne 319,750 r;-' 24,96.0 643,019 79,0 0 6,39,0 413795,0 146,90 17,630 45,60 0 17,860 ^ $ 2,13674085 2,640, 0 2,6~40, 5,315,736 596,516 5,945,605 142,965 10,738 0 17.8 135,7684 254,683.2 24, 570 10,36071 -413,250 . 47,9632 1,857 42, 90 53,24 536 6,50,0 25,13 52 1,075 0 1,30. 0 10,86.51 10, 0 46,78 231 462,938465 172,04 0 1,0564729 40.738 0 5,0 ,0 8,50,0 524,6184 386,9184 15,24 0 14,0 0 10, 0 367,9 231 175,0 0 1,402,560 46,8502 429,1 25 24,960 90,3752 104, 570 6,39,0 51,3071 47,31250 17,805 0 45,¥o '1,402.56 24,07260 932,168074§CtDPSamroheunvcicpldefs., FYEIVARS 162,738o0495. FY3EIOVA1RS 165,0 281,250 Refundi g 64,2087 20, 0 84,65 90 287, 50 14, 7921 $ -194 Capit l 1.693,5280 2,4750 145,8390 263,04.5 15,0 0 $ New Total $ 1,7489250 145,07 231,75608 342,06 7 27,54 50 542:90 3,0 ,0 Refundi g 547,82397 51,309 25,76345 012,46. 8,0 ,0 Capit l 1,20 98513 93,7410 205,97143 36,102397 19,54 0- 542. 90 4,2560 214,6 093 430,254.10 2,50 , 0 834,375 3,0 ,0 New Total -195 COORPFATE, $ 2,0638 2 834,375 2,475,0 234,68 2 24, 570 10,36.71 Total 60 ,0 310,260 938,215.0 65,3750 6,26,0 15,23:50 140,9350 23,540 6,50,0 129,860 4,80 0 1,860 4,893 5,0 ,0 1,450 8 50, .0 102,5680 408,6 05 24,96.0 831,56082 102,89570 6,390 508,"COL?! 147,3 250 10,580 45,¥61 1,402,560 23,79140 591,50 _— 8.24 10 93,74 10 398,1 523 9,426,52 59, 6398 5,64,08 1,520, 0 29.043,951 41,69 38 54,61 830 ' " , 21,359 0 1,03 41 72.416,32 140,7 648 134,7 358 24,06 0 60 ,06 35,43951 230, 5983 6,2 0 70 ,0 4,80 , 0 31,867 5 97,8 10 36,95627 2,547,0 80,7593 1,0 0 1,0 ,0 81,7690 - . - 128,470 1,04350 12,38.90 29,18750 2,84,0 50,4 50 1,89312 20,5630 2,75,0 2,80,0 13,0 Refundi g 18,3970 29,6370 13,82065 48r2~f.450 372:6 8,648,650 1,90 0 1, 50, 0 4,256,0 5,065, 0 320.1,78 74,51.40 60 ,0 0 Caoitl 10,8 0 1,0 78 0 12,3890 15,36875 2,84,0 502,305 1,893.12 20.19,0 2.75,0 2,80 0 124,38 50 1.94,8037 606,0 0 2,50 , 0 Total * 7^ i 84,3811,47092362 OGARNUFPDIN 12,093,08867.25 2,4706 19 26,490 1,2839714 3,9754 0 SUM ARY 1,402560 46,0382 ~ 51,30,90 51,309 25,96 240 5,310,935 21,359.0 60,18463 62,98 750 6,26,0 86r4~,256 129,0 350 2,540 "VO .O O 6.50,0 10,650 New 413,250 175,0 281,250 20,81250 68,7 0 1,250 7,130 7217.0 139,570 145,07 0 42,876 9,42652 65,273 5,6408 1,520 29,043.951 42,87 3 57,4850 310,260 1,36729 8 74,963.12 6,26,0 2l7490,583 145,8 35 25,06 0 ¥ob:6 6 35,43.951 31,7283 . Capit l -195 1,70,0 70 ,0 Refundi g 97,8 10 38,0 387 2,547,0 75.4 ,0 1,0 0 1,0 ,0 29,7450 $ -1950 126, 0 1,6934 2 19,250 545 2,50,0 20, 0 2,49075 10, 0 75,0 0 495,80:6 1,65027,5 21, 0 214,0328 30^9 ,6 725 *,0 41,240 $ $ 165,0 New $ 281,250 165,0 2,475,0 2,684 518 71,450 1,692418 1,70,0 New 64,2087 Capit l 24,96.0 594,02 78,650 6,390 40675,6 146,90 10,430 45,60 17l8",60 5,0 ,0 1,450:6 50, 0 13,4680 60 ,0 Refundi g 19.086,725 85,1430 9,359,30 Capit l 1,9073 3,65.0 129,0 79 420,89710 1,72508 $ 639,0256 10, 0 75,0. 0 369,40:6 30,82 563 1,895,0 $ $ -194 2,1984713 13,205 1,0954 83 16,0 0 ~ -1950 Refundig 48,61.70 1,250, 0 7,130 7217,0 $ S 60 ,0 ~ $ 60 ,0 CHAR TE obtained 132,140 1,450, 8 28,169.0 4.82,0 51,72350 1, 50, 0 3,65,0 5,065. 0 29.14,78 69.23,540 New 186.3 17 6,12,813 57i¥o:56 49,362570 64,702486 13,542 0 1,36 5,78 196,80.4 29,187.50 2,84,0 73,8637 8,05,945 20,695140 4,175,08 2,80,0 3,180,90 183.542,70 1.0 ,0 8,79305 94,51360 18,3970 58,406 4,82,0 13,82065 9,350 "3 72',6 1,0 ,0 17,41703 221,648,403581 134,62.587 6,12813 132,140 1,450. 8 2718*0,96 40,56917 52,18 3 15,4 0 1,304798 192,064 15.36,875 2.84,0 637,451 8,05,945 20,3 140 4,17508 2,80 0 2,180,90 16,0.867 2,4706 19 ' EM3NAD1Y boannodtedss — stock Comstock—-n bLoonanngo-dtteerssm1 stock stoc—k freign- boannodtedss stoc—k stock corpate BIntearanioklGovernmt— forgoeveirngmnt Gaavncieds,-. ♦Municptal—Ste,s,PSostaeiens fifdnuigcnludooresets M3ENAD1Y NBootaens-ds .r— utiles—_ ecctoop.al,, manufctres— oies inmaadnufucntsritgdr.l beuifdt—cngs, htteorraludtcisn.g,, Miscelanous NBoaondts —~— :utiles eccto.po-—al,, manufctres- acesori—_. minanduunfsttdrgl beuildtcngs, —— —hteotrraltudcisn.g,, Miscelanou—- * util—es eccoopal,,fnauctres^. —oie inmadanuunfscttdrrigl beuildtcngs, .• ——hteortarltducisn.g,, Miscelanous " —: 'utiles ecctoop.alr,, manufctes. ori imnaadnuunfsctdtrrigl ——--UJjZzI Laendt/cib.f—rgs,Rube6r<;>^*-i.'l_— ShlpWJ_-thtteorraludtcisn.g,, Miscelanous seccourprit.ate MONTHS Corpate- Domestic— Long-term Short-em Pref red Candi— Short-em Pref red •Com n Long-term Short-em Pref d Com on Loan United toal ^Candian 5 \\ ' * Other Grand Total V 1 f Other Farm •These MONTHS Long-Term Railrods Equipment Maontodrs ste l, 5 Public Iron, Other Land, Rub er Ship ing Investmn Total Short-Tem Railrods Public ste l, Equipment Maontodrs Iron, Other Land, Rub er Ship ng Investmn Total Stocks— Railroads ste l, Equipment Maontodrs Riu—ber Ship ng Investmn '*>■ Railroads ste l, Equipment Maontodrs Total Public Iron, Other Oil Land, Total— Public Iron, Other Oil IhVeStmn Total 6 The Commercial and Financial Chronicle (362) i* Clarke (Continued from page 3) i Retired Net Issued $ $ $ Certificates 267,965,000 71,063,000 196,902,000 Notes 181,753,000 94,370,009 87,383,000 — C. Foster Marshall; Fulton, & Co. ♦8,000,000 Gould-National 1953 to April ($5,000,000) Robert Garrett & Reid & Co.; for January™ 7 •'/'■/' February— Certificates Notes for 59,657,000 +248,903,000 339,060,000 +58,403,000 ' , February E. 190,500,000 30,500,000 -308,560,000 280,657,000 : :——. Total i 221,000,000 43,050,000 44,701,000 ,577,499.000 211,701,000 620,549.000 43,000,000 24,000,000 128,231,000 86,510,000 41,721,000 Peters, April— Notes /-• Total for 129,510,000 195,231,000 April— , . . , 65,721,000 ' May— Certificates / 3,550,000 • 532,950,000 125,195,000 458,963,000 Elwood 50,000 Harrisonville Total /.^.y for Total -- for 587,708,000 May—— series , 3fl,71®;PPP JL,383,297,000 1,725,015,POO five months—~ and ridge & Co. i •Comprises sales of special series certificates and notes; certificates rr<Id to Adjusted Service Certificates Fund and Unemployed Trust Fund notes to Federal Old Age and Survivors Insurance Trust Account, "2,000,000 Michigan «,nd bonds Fund, Postal Government Life Insurance Fund, National Service Fund, Federal Deposit Insurance Corporation, and Retirement Fund, Foreign Service Retirement Canal Zone Retirement Fund, Alaska Railroad Retirement Fund, Civil Service tavings Jjife System, Insurance federal Savings j Long-'ferm due " first • : 1931. ,» , Telephone Associated due to Purpose, April 1, 1976. construction. bonds, due Utilities $100,000 inclusive. I Purpose, . . . , and r RAILROADS I & Co., Inc, i j:7,/> ?•_,'* 'V V -J j 53,900,000 Illinois ; series from new Central 3%; RR. equipment trust April first mortgage Penn < 1971, ) (Inc.); Co.; (Inc.); Wm. Pollock Co. E. •1,000,000 Minneapolis & July 1, 1969. Placed ; McMaster privately with jlancock John Life Mutual Co.; . Life Insurance Connecticut v - England Insurance . Mutual .Life Co.; Co., Weld & -.sU Co. for <. "'i- New ; Yotk, ;< i lik t£ Julien i ii. Collins port is Detmer jl & I | 1 & Co.; "r nient *> of R. Johnson H. & Co.; M. & Hali; Alfred O'Gara U: Newton ™es7 9.°*' & Co.; I Pizzini Daven¬ . . , , , B. I { inc.; J^S' Straus8 & Co.; Stubbs, Thomas Lerchen Co. & Inc.; & Co.; Co.; Neal Co., inc. debentures due i i Ml; - i k! • ! Hit ■ i Alstyne Noel -5 • } L. S. on fund Mutual Life "Insurance Insurance ■ - Co. Warren & // / written ' debentures Inc.; W. & Yantis & ;i Richard } Co,, i r> and /- Union . . -5 " ; -i ■/// Webster Securities Corp.; by is I Walker total reoffered $539,800 V • for Purpose, •'v V ' : ; ■ Sidloj Bosworth', Rauscher,' CO./: Inc.,; and G. H, Staats .R. Inc.; Co.; and & Co.;- - ^500,000 construction.,/Placed privately through ' /•"•,/*- /'-V ' • :;sj. •! new • r Realty Corp. (Mich/):first mortgage loan.- Pur¬ pose/to mortgage .properties. .0 Placed privatoly with John Hancock Mutual Life Insurance Co. ' ■'/ - / - .3%7p, . .15, 1951, elusive. / Sisters of due and Purpose, , annually for June :15, construction. new 1952 to 1966, inj Price/100% and Offered by ^McMqhon & Hoban, Inc:// accrued interest. , . Washington,, jnc.. 3% 3 Vs% | "3XU%/ 3V2%\ and- 334% serial notes, series A, dated June / / 150,000 Dominican » J Danstan ' / }A . Sohoei ««Mtclatinn ,ef*. the Archdiocese of 33/8% 'first mortgage notes due 1959-1970. Goldman, Sachs & Co. -200,000 First Methodist Chueh Of Utile Rock,/Ark. 3>4%, 3Vi%l :. .3%% and 4% first imortgage serial boridi;/dated Feb. : » ' 1951, and due semi-annually Feb. 1.(1952 to. Aug. : 1,1956, : i or A Christensen, / LAND, BUILDINGS, ETC. of v Co./ .William & Co. '*$6,000,000 Cithrlie, Hl(*h St. Louis, Mo. Union Securities .Corp.; Co. & & Co./'Boettcher- Inc.;' Irving Lundborg Co. ' • Offered by company & Writer Peters, Roberts & due inclusive. and Purpose, for construction; ' new Offered interest. acqryed 'Oversubscribed. 800,000 Franciscan INDUSTRIAL Air for Filter AND Falls, MANUFACTURING Co., Inc. by B. ,.C. Price Ziegler 1007* & Co. • & working capital. 3% Co. . Placed of New July 1, 1971. ' privately I with The to finance fund '//V/'1/'' 175,009 Athens Flooring April 15, 1962. , . / '; i j / . 1 ■, / i' 4V2%'10-year promissory Brothers.' !>/;/■;/. .• / accrued - notes due of // ."V k -. serial coupon $8,150,000 through ^ • *$1,800,000 ' ' ' Blood, 3%% 15, construction. new Dayton, and 1952 to O. W. due - Dec. 1, Co., 1965. Inc.- 3%/ sinking'fund Purpose-/ Placed privately with Goldman, Sachs & Co. for capital institutional . ' V . • • 1 . Coylel Lines, Price at 100% ^ ■ - - ' - shipping; * ; , Inc./ 4'/2% , / 7 /$15,000,000 Allied Stores 1971. / / j / Co. . through *9,000,000 Dan River Mills, Inc-'S'/i^) prontissoryrnates due %pril' L 1971. Purpose, for general corporate purposes// Placed privately through The First Boston- Corp.' / \ • *20,000,000 Crown Zellerbach Corp. 3% promissory notes due May U; 1976. Purposfe, for new construction. Placed privately with institutional investors through Blyth-& Co.* Inc. . j Corp. 3 V2 % promissory notes due May„ 1, for working capital.' Placed privately and Lehman Brothers with New another institutional York Life Insurance investor. V'/."' * '//• (' promissory notes due May 1, 1966.- Pur¬ pose, refunding ($430,000) and for general corporate purposes ($1,070,000). Placed privately with Massachusetts Mutual Life Insurance Co. and Provident Mutual Life Insurance Co. through Eastman, Dillon & Co. "',/ | *1,500,000 Blauner's 31/2 7> expenditures. » . miscellanecius'3'<? Purpose, through \ . IS ! • and accrued general mortgage bonds; due 1,; 1963. ; Purpose, for general corporate purposes. Placed privately through White, Weld & Co. :;.y /;/ debentures investors mortgage Dec. / -»•' s Can first 3/4%/*:bonds due semi15. 1966, inclusive. April 1, ,*1,000,000 Central Scientific Co. 15-year 4%. sinking fund notes due" ; May 24, 1966. Purpose, for general corporate^ purposes/ t. » ' Placed privately through Auchincloss, Parker & Redpath; ,*5,000,000 Continental dated notes Offered by Metropolitan St. Louis Co. » to Precious the interest. due1 April . 3%,; 3V47p, annually from Oct. Purpose, for / interest.' ' America , of 23/4%, : -Placed' privately program. Co. •. bonds capital and working the Guardian Life Insurance Lehman . Co. 1961.. Purpose,-for expansion with ' for retire bank, loans. Price, 100/- and Underwritten by The Ohio Company. > *450,000 Borden I ;Purpose, Sisters bonds new ; ' ' : arid Pacific MutuaJ Life Insurance 'Co./., ] ' Co. • 4% • iirst mortgage j ( Purpose, sinking 372% to Little 1,. 1951, and due May 1, 1953 to 1961, inclusive. Purpose, for hew construction/;/ Price, '100 and accrued interest. Offered by Keenaii & Clarey, Inc. | York mortgage 2V*% Minn. the Immaculate, Conception, -May plant. - Price, 98 Ve % and accrued interest. • Placed privately ' with Metropolitan Life Insurance Co.;/Mutual Benefit Life Insurance Co.; Mutual Life Insurance Co. of New York V j first of Sisters ' promissory, notes, Il-year 500,000 3Vt'% Sears Insur¬ Insur- ' '' • • Simons, ■ /, May at 100%.: Mutual Life Insurance Co. due Co.; BoSworth, Sullivan & Co., Inc.; J. C. Bradford Co.; Butcher & Sherrerd; Central Republic Co. (Inc.); & Purpose, <; 25-year sinking fund Purpose, to finance plant expansion Price, 101>/2% and accrued interest. Whiteside, Life Life :-r- Befining Ce. • .'convertible debentures' due May 1, 1961. Purpose, for drilling expenses, and working capitals; Price,: at 100%» and ' accrued interest. > Under- / subscription •5,700.000 Armour and & Price, OTHER Offered by Morgan Stanley & Co.; The First Boston Corp • Almstedt Brothers; A. E. Ames & Co., Inc.; Arthurs! Lestrange & Co.; Robert W. Baird & Co., Inc.; Baker Watts & Co.; Ball, Burge & Kraus; Biddle, Whelen & Co.; Wilham Blair & Co.; Blunt Ellis & Simmons; Boettcher Chace, ; „ :-/;/'| v-;/,/":^ Ueberitures due May 1,^1965 vX 1961). Purpose,/for before '•$700,000 American Wright t. . Co. f' semi-annu- Connecticut • Gas Wood, 1S52; Purpose,'for privately with J. P. Massachusetts- MUtual $92,075,000 r/, • & Lombardo, Corp.; Watling Gibsop; Arthur Waggoner, and F. Co.; & ' $20,238,900 1976. subsidiaries. sinking $13,699,100 was subscribed for and placed privately by underwriters. ^ Smith & & • $50,000,000 Consolidated Natural of Van Webster Wyatt, 47/8% Co. or Stone Co.; Scott, Horner & Mason, Inc.; Scott & Stringfellow-; Seasongood & Mayer; Shaughnessy & Co., Inc.; Shearson',; Hammill is Co.; William R. Staats Co., Inc.; Stein Bros Boyce; Stern, Frank, Meyer & Fox; Sterne, Agee & Leach-i Stix & Co.; Edw. Lowber Stokes Co.; Walter Stokes & t " • Johnson, Inc.; Life Sullivan White, Weld & Co., and Dean Witter j & I Massachusetts . Equitable Co.; Pacific NorthPatterson, Copeland & & Watling^ Co.; repayable Placed The & - Uarco, Inc. 2.957c 15-year promissory notes.^ Purpose, for new equipment and machinery, placed privately with Central by common stockholders./^Underwritten by Kuhn, Loeb & Co.; A. C. Allyxl & Co., Inc.; Blyth is i Co., Inc.; Alex. Brown 6c J3ons; : Clark, Dodge & ' Co.; Eastman, Dillon & Co.; Goldman, Sachs &, Co.;; Halli garten. &. Co.; Harriman Ripley «fc Con ine/;" Hemphill, Noyes, Graham, Parsons & Co.;v..W: C. Langley & Co.; Lee Higginson Corp,; Lehman Brothers;.'A. E. Masten & Co.; Merrill Lynch, Pierce,'/Fenner & Beane;/ Morgan Stanley & Co.; F. S. Moseley & Co.; Smith,-Barney & Co.; ' Co., Inc.; Wm. E. Pollock & Co., Inc.; RaffensHughes. & Co.,, Inc.; RambQ, Close, &s Kerner Inc.;! Rand & Co.; Reinholdt & Gardner; The Robinson-j Humphrey Co., Inc.; L. P. Rothschild & Co.; Schwabacher* 7 *:. *500,000 building. nev/ Incorporated; and ,the Co.- / /• • /- ance . • perge^, • Coal 1966. (convertible ■; & R°Ser S. Palmer Co.; Kendall, Inc.; Peters, Writer & Christensen, i (' j /.-■// of Co. & loan, beginning Jan. Co., ance & Otis Morgan ') long-term years construction :* * • Norfolk; (*•. ;■/ ally, for five . .IRON, STEEL, COAL, COPPER; ETC:^>-- for fCo.; Milhous, & Co.; E. Co.; Mullaney,Co.; Nielsen, Gordon Wells & Co.; Newburger, Loeb Martin & j i ; Inc.; Harrison & Co.; Hayden, Co.; Hirsch & Co.; J. A. Hogle & Co.; E. F. & Co.; Indianapolis Bond & Share Corp.; Invest- Corp. Co.i & Barney $1,000,000 -Frontier expansion program. Lane, Space & Co., Inc.; Johnston, Lemon & Co.; John B. Joyce & Co.; Kaiser & Co.; Ketcham & Nongard; A. M. Kidder & Co.; John Kormendi Co.; McJunkin, Patton & i i . & Hutton Smith, Cable' Corp. *800,000 Rome • 14,238,900 Wheeling Steel Corp. 3*/a % Anderson; Gregory & Son, I . , Purpose, to finance completion. of vnew mine. Price, 98.75% and accrued interest./''Underwritten by Halsey, Stuart & Co. Inc, *^<>ersubscribted:/o *: • : fCo.; Giore, Forgan & Co.; Graefe and Co.; Green, Ellis &; L. - mortgage Rothschild F. Schwabacher Stubbs/Dean Wither Struthers is Co./and-Yarnall «& Co.,v Pierce i : 1 Corp.; Este & Co.; Clement A. Evans & Co., Inc.; Fahey, Clark & Co.; Fauset, Steele & Co.; Field, Richards is Co.; Foster & Marshall; Leonard A. Frisbie Stone L. Co.; Whiting/ Weeks & ■'.■L-fi: $6,000,000 Peabody V' April l, Securities 1 first $137,200,000 Co.; Shelby Cullom Dav+s & Co.; R. L. Day,& Co/. & Co.; Dreyfus &, Co.; R. J. Edwards, Inc.; Elkins, Morris & Co.; Emanuel, Dcetjen L' ipstitutiqngl ipvestOr. G. Becker & Co. Co.; Dallas Union Securities. Cq.; & Co.; Union Securities Corp.; G. H. Walker & Co.; Lerchen & Co.; Wertheim & Co.; White/ Weld / //i /"// 1- . Inc.; William Blair & Co.; Branch, Cabell & Co.; Butcher & Sherrerd; Byrd Brothers; Lee W. Carroll & Co.; C. F. Cassell & Co., Inc.; Central National Corp.; Central Republic Co. (Inc.); City Securities Corp.; Clayton Securities Corp.; Cohu & Co.; u> J A. Riter is .Hutzler; . first American Securities Corp.; Anderson & Strudwick; Geo. G. Applegate & Co.; Arnhold and S. Bleicroeder, Inc.; Arthurs,.Lestrange & Co.; Aspden, Robinson. & Co.; Bache & Co.; Barret, Fitch; & Co., Inc.; Bear, Co.; •. of^New York. Co.; Bros, & Co.; Starkweather & Co.; Stein Bros. & Boyce; Stein Brothers & Co.; Stifel, Nicolaus & Co.;-Swiss American Corp.; Tucker, Anthony & ■ Allyn & Co., Inc.; & due new ; V..; refunding mortgage bonds, series G, due May 1, 1981. Purpose,\ to repay bank loans and for new con/ struction. Price, 102.915% and accrued interest. Offered by Halsey, Stuart & Co. Inc.; Allison-Williams Co.; A. C. Stearns Reynolds & Salomon Scribner; Co.; •2,QQO,OQO, Wichita . Water Col 3xkt!ogeneral mortgage* 'bonds due ■ May - 1, 11976.Purpos^, foT ' neW ' cbhstructlon. Pfaced privately with an institutional investor. • v and b Co.; Laurence M. Marks & Co.; A. E. Merrill Lynch, Pierce, Fenner & Beane; National Co.; & , -/. bonds, :^er)eS 'D, May 1, 1981. Purpose,'refunding ($950,000) and for construction ($1,850,000). Placed privately with an ; 7-7. 7-■ 3Vi% Inc. 3% Johnston; ;Chas. W. Scranton & Co.; Shields & Co,/Singer, Deane & I Purpose, Co. Co.; & Co.; . Insur¬ -v •''■-7 . & Gardner; Ohio Water CoV^3^ fpromlssqry r notes - due for expansion program.*/' Placed privately with Equitable Lite Assurance Society*, of the-;,: United States/"--;./-/; -'y'.■ v.;7,^ 1971. s Illinois Lynch; Morgan Stanley & Co.;! F. S. Moseley & Co.; go. of Omaha;. Newhard, Cook &• Co.; Webber, Jackson & Curtis; Phelps, Fenn & Co.; Piper. Jaffray & Hopwood; Prescott, Shepard & Co.. Inc.; R. W. Pressprich & Co.; Putnam & Co.; Reinholdt & , , / •3,750,000 Southwestern /;'/. / / ? ' ' r 7 Works Co. 3% first mortgage bonds, series 1, 1981. Purpose, refunding ($650,000) and construction. ($350,000). placed privately with. new k, ,privately with; Mutual Life Insurance Co: May ////; c four institutional investors: $10,000,000 Consolidated Edison Co. of ;• i.. • The Co.; Paine, / / Life ' & ard & Louis Public Service Co. 3Vi%. promissory notes due quarterly .instalments over a -10-year period com¬ mencing Dec. 1, 1951. Purpose, to purchaser buses. Placed *$1,000,000 Clinton Water due Assurance Hutton Co.; Kidder, Peabody & Co.; .Kirkpatrick-Pettis Loeb & Co.; Lee Higginson. Corp.; John C.. McDonald The { in PUBLIC UTILITIES A, Life E. & Co., Inc.; Hayden, Miller & Co.; Hemphill, Noyes, Graham, Herrman & Co.; Hornblower & & Henry Merrill, Turben & Co.; The Milwaukee Co.; Moore, Leon¬ ^ / Co.; Mutual Co.; •2,000,000 St. Hut¬ V W. & Hatch H. Stone Co.; Kuhn, Masten / Insurance M M ; ~ .5:, Life York & Legg & Co.; .Carl M. Loeb, Rhoades -& Co.; McCormick & _ CO.f; Berkshire Life and Union Mutual Life Insurance Co. •2,800,000 Wichita Water 7 V / *5,100,000 Piedmont Natural Gas Co., Inc. 33/4% first mortgage 1 j bonds due 1976. Purpose, for expansion program. Placed privately with institutional v investors through White, ' $14,020,000 ' / Life Insurance Co.; Phoenix Mutual Mutual Insurance State General The .New Co.; Frederic Weeks; . "* / others, Massachusetts New i , Co. including, among Insurance certificates, ... investors, I St. Louis Ry. 4% promissory note due Purpose, to pay off a short-term loan. Co. ance and Co., & >;//; Insurance & Hayden, Parsons interest.' accrued Co.; First of Michigan Corp.; Fulton, Reid & Co.; Gerstley, Sunstein & Co.; Glore, Forgan & Co.; Granbery, Marache & Co.; Hallgarten & Co.; Halsey, Stuart & Co. Inc.; Harriman Ripley & Co., Inc.; ■ Harris, Hall & Co. Price, to yield » & Corp.; : Northeastern Clas Transmission' C6v'-33A%' first; mortgage pipe line bonds due 1971. Purpose, for expansion pro¬ gram. Placed privately through Stone & Webster Se¬ curities Corp. and White, Weld & Co. with 16 institutional ■■!"/ GG, dated May 1, 1951, and due semi-annually Nov. 1, 1951 to May 1, 1966, inclusive. Purpose, for equipment. Price, to yield from 2.20% to 3.05%, chinson Life Mutual Clark, Emanuel, Lemon and Co.; Co.; Estabrook serial to 1952 i; from 100% at Inc.; Eastman, Dillon & Co.; Elkins, Morris & Deetjen & Co.; Equitable Securities Corp.: Clement A. Evans & Co., Inc.; Fahey; Clark & Co.; The First Boston Corp.; The First Cleveland Co.; repay t Price, Bleichroeder, S. Sulllvaiv and & Drexel ^ Placed privately with Equitable Life Assurance Society of the United States; New York Life Insurance Co„" and •20,600,000 according to maturity. Offered by Halsey, Stuart & Co. Inc.; A. G. Becker & Co., Inc.; The Illinois Co.; Otis & Co. ) tion--program; ; 52,670,000 Denver & Rio Grande Western RR. 3%. equipment trust certificates, series Q, dated June 1, 1951, and due semi¬ annually from Dec. 1, 1951 to June 1, 1966, inclusive. Purpose, ,for new equipment. Price, to yield from 2.20% ' to 3.05%, according to maturity. Offered by Halsey, Stuart & Co. Inc.-; R. ,W. Prcssprich & Co.; The Illinois Co.; Otis & Co.; Freeman & Co.; McMaster Hutchinson & Co., and Peters, Writer & Christensen, Inc. , : - Ry. and *' > first mortgage bonds, •3,500,000 New York State Electrie & Gas Corp. 2.80% 30-year- first mortgage bonds due Dec. 1, 1980. Purpose, for construc- I ; 27/a% equipment trust certifi¬ cates dated May 15, ,1951, and due semi-annually from. Nov. 15,, 1951 to May 15, 1966, inclpsive. Purpose, for new equipment. Price, to yield from 2,15% to 3%, according to maturity. . Offered by Salomon Bros. & Hutzler; Drexel & Co.; Union Securities Corp., and Stroud Ohio & Arnhold & Co./ Inc.; Alex. Brown & Sons; Central Republic Co. (Inc.); E. W. Dodge & Co.; Coffin & Burr, Inc.; C. C. Collings & Co., Inc.; Julien Collins & Co.; Curtiss, House & Co.; Dempsey-Tegeler & Co.;,Dick & MerleSmith; Dillon, Read & Co. Inc.; Dominick & Dominick; Clark Co.; $$6,450,000 Chesapeake Inc.; Co., Bosworth, Burnham first mortgage loans. Placed bank Purpose, for new construction. White. Weld & Co. & & Co.; Bacon, Whipple & Co.; Robert W. Baird Co., Inc.; Baker, Watts & Co.; Baker, Weeks & Harden; Ball, Burge & Kraus; Bear, Stearns & Co.; William Blair & Co.; Blair, Rollins & Co.. Inc.;-. Blyth & Co., Inc.; to 3.50%, according to maturity. Offered by Blyth & Co., Inc.; Merrill Lynch, Pierce, Fenner & Beane, Than Five Years) of '/it .v - Bache from 2.50% Bonds and Notes (Issues Maturing Later Society V/ 7 Products Corp. 3Vs% debentures due June Purpose, for improvements and general corporate Emerich ' 3% Co. 3'/2% Co. Assurance '//'/:-'/ / purposes. Price, 993/4%> and accrued interest. .Under¬ written by Goldman, Sachs & Co.; Lehman Brothers; A. C. Allyn & Co./ Inc.; American Securities Corp.; Ames, 1971. -Pur- > repay to each '•• Dairy 1, 1976. bonds, mortgage and due May 1, Oversubscribed. 12,000,000 Montana-Dakota > - bank loans and for new Price, 101.236% and accrued interest. Offered by Blyth is Co., Inc."; Merrill Lynch, Pierce, Fenrer is Beane, and White, Weld & Co. ,; „ Capital Flotations During May, 1951 ' I 4%% Co. 1951, 13,000,000 Montana-Dakota Utilities Co. 3% % Details of New •. 1, promissory note. Pur¬ working capital. Placed Life & privately with four insurance companies. tNet retired. and Loan Insurance Corporation. ; Oversubscribed. May ' States. Under* Calculating Machine Co. 3%%? promissory note 1, 1971. Purpose, for expansion program. Placed privately with an institutional investor through Lehman Brothers. • ' v 30,000,000 National & Telephone dated B, 10-year and for Equitable 1007c at due May to repay .loans and for improvements. Price, 103.35 accrued interest, Offered by McCourtney-Brecken- pose, ... The Price, *5,000,000 Monroe & Co.' & with United the •;/, Rambo, Scott +73,987,000 128,745,000 536,500,000 51,208,000 — Notes Writer Hopwood; Gardner; loans. reduce to Products Corp. to repay RFC lean pose, privately Christensen, Inc.; Piper, Jaffray & Close & Kerner,; Inc.; Reinholdt & Stringfellow; Scott, Horner & Mason, Inc.; Chas. W. Scranton & Co.; Sills, Falrman & Harris Inc.; Starkweather & Co.; Stern Brothers & Co.; Stix & Co.; Edw. Lowber Stokes Co.; Sutro & Co.; Sweney, Cartwright & Co.; Tucker, Anthony & Co.; Webster & Gibson; J. R. Williston & Co.; Dean Witter & Co., and Woodard- " ; Certificates Blyth & Co., Inc., and Lehman Brothers. *1,250,000 Liberty Co.; Co.; +408,848,000 67,000,000 Total for March./ and written by Carl M. Loeb, Rhoades & Co.; Loewi & D. A. Lomasney & Co.; Marx & Co.; McCormick & McDonald & Co.; McJunkin, Patton & Co.; McLeod, Young, Weir, Inc.; Merrill, Turben & Co.; The Mil¬ waukee Co.; F, S. Moseley & Co.; Pacific Northwest Co.; +532,798,000 —.i.—'/ Notes Gold* equipment Langley & Co.; 123,950,000 Placed Helicopters 5% convertible income debentures due 1, 1961. Purpose, for plant expansion, for new May Johnson, Lane; Space & Co., Inc.; Johnston, Lemon & Co.; T. H. Jones & Co.; Kaiser & Co.; Kalman & Co., Inc.; A. M. Kidder & Co.; Kirkpatrick-Pettis Co.; Kuhn, Loeb & Co.; Ladenburg, Thalmann & Co.; W. C. March— 167,000,000 2,500,000 Hiller Hutton & Co.; W. E. Hutton & Co.; The Illinois Indianapolis Bond & Share Corp.; Jenks, Kirkland & Grubbs; i • Certificates Marache & Co.; F, Co.; . with three insurance companies through Sachs & Co. and Piper, Jaffray & Hopwood. man, Gude, Winmill & Co.; Hallowell, Sulzberger & Co.; Hayden, Miller & Co.; J. J. B. Hilliard & Son; J. A. Hogle & Co.; '■ — Goodwyn & Olds; Granbery, body & Co.; 284,285,000 / 165,433.000 449,718,000 / Batteries, Inc. 3V2% promissory notes due 1 1963, < inclusive/ Purpose, refunding and for working capital ($3,000,000). privately Sons; Glore, Fcrgan & Co.; Goldman, Sachs & Co.; GoodTotal Camera & Instrument Corp. 4V*% promissory May 15, 1961. Purpose, to finance expansion Placed privately with New York Life Insurance through Glore, Forgan & Co. t due notes Clark & Co.; Farwell, Chapman & Co.; Ferris First of Michigan Corp.;. Folger, Nolan Inc.; Co.; Monday, July 30, 1951 . program. Co.; Fahey, & . *2,000,000 Fairchild , Curtiss, House & Co.; Paul H. Davis & Co.; De Haven & Townsend, Crouter & Bodine; Dempsey-Tegeler & Co.; Dominick & Dominick; Drexel & Co.; Eastman, Dillon & Issued January— Codings and Co.; Julien Collins & Cruttenden & Co.; Cunningham & Co.; C. Corp.; Co.; Courts & Co.; FINANCING •INTRA-GOVERNMENT . » j *1,000,000 Budget r 1961. /-.-. > Finance Purpose, Plan, Inc. 4Mj%, 10-year debentures due expansion program. / Placed privately for through Reynolds & Co. . ** ♦Represents issues placed privately; / fIndicates issues sold competitively. i Volume 174 Number 5033 ♦750,000 Budget Finance debentures f • privately Purpose, for The Commercial and Financial Chronicle . . Plan, "A." for Reynolds by Hodson ft Co., due Placed ft 1963. 1 v Purpos'e, 1961. _ with Van : at V 7" ■■ for trust Brothers and 4 7' struction. 7". Inc. Insurance (H.) promissory expansion Sons & of Co. America; 3'/»% Co. notes Placed program. . : - . promissory -' due to privately & ; ' .7 Alstyne, Noel & ; . Purpose, for general corporate purposes. privately with an institutional investor through . 7 1 .- > through 2,000,000 Mid-Continent t debentures ditures > general Alstyne, note due Kalman ft Co., 12-year June 1, working and ' Co.; by Cohu Oversubscribed. • American and Brothers; Hornblower . and two other - & for new M. Marks & Telegraph $16.66%). con- stock Co. 10,002 for shares of • Co. ' ' - 118,426 ' \' ■ shares & T. Loan March 1, ft j. ' underwritten • by per du'e % $14.50 ' *500,000 Van de Kamp's Holland Dutch Bakers, Inc. 3'/4% 15-year promissory note. Purpose, for expansion. Placed pri- • '' - ' • ^ (par , vately with Pacific Mutual Life Insurance Co. Co. Purpose, 236,755 to . I ,*3,000,000 Younker 1971. capital. , 777' Brothers, Inc. 3% promissory notes due April 1, Purpose, to repay bank loans and for working Placed privately with institutional investors through A. G. Becker & ■ Inc. Co. $45,600,000 Short-Term Bonds and Notes (Issues Maturing Up to and I f OTHER *$500,000 Central AND y j. t, ^ Purpose, bank [ Price, ; loans. Scientific Co. serial 3'/4% due notes 24, May Co.; & MISCELLANEOUS Motor Express Co. five-year 5%' unsecured dated May 1, lt)51, and 50,000 shares of common (par $1) in units of $1,500 of notes and 500 shares notes, stock A of stock. Purpose, unit. per Sold to retire short-term loan. Price, debentures, . Purpose, dated tor Macdonald 72,495,000 Federal '' 'i V i notes, ; i series Home Loan 50,000,000 Federal 7777<7~notes, Credit York, Banks & Loan Banks H-1951, 2% dated May Home ' Loan Banks A-1952, for | 1951 7 ' due • - dated (City of . - , - > - . - ' ■ i of), 3%% and •'< 37/e% to be to Canada and 20-year V/4% - & Co., : r'- . , . ; V.. . Walker interest. • 7, Inc.; & Co., 97.51% to 100%, according to stocks of a no stated par par value ma¬ value and taken all classes of at while par, common * PUBLIC , UTILITIES .7 7777-''7"• written by > ; Eastman, , ; & Co.; •/ i-:. '•• r -7 tive ^ y v 7 . . 6,469,125 Co. 4,000 stock, series ($200,000) and for funding Placed privately Duke Power Co. .7 with two A shares of 4.40% v ; - & of I . new $100).' 'i""of 7 - ; : ? 7, of construction institutional 126,255 shares of : 7 Co.; Merrill Turben & Stubbs; & , Price, (no 7 ■•7, & 10 COPPER, Leasing cents). - of in units common of by shares Braun, & Co.; Monroe of common capital. Robert W. stock Co.; $2.50). share. per Co., Inc.; Marshall Co.; A. Kalman & C. Best &• Dalton & Co., Gardner F. ,77 Oversubscribed. Offered (par $5.12*/2 Baird & The and Price, share one 7 7 : Co./\7/7vv7-\ '* , 125,000 Metal products Manufacturing Co., inc. 25,000 shares of class A voting common stock (par $1). Purpose,-for v - ; 7 7 <7 I organizational expenses and working capital. share. Offered by James T. De Witt & Co. latioh." r; Price, $5 "as a per spectt- ': 150,000 SeaPak Corp. Purpose, 25,000 for shares working of stock common capital. Offered by French & Crawford, Price, $6 (par $1). share. per " Inc. , 123,300 Swartwout Lynch, Co. Purpose, for The Dean 7" ). 10,000 of class A stock (par ,$I)„ and general corporate purper share. Offered by company for shares equipment new poses. Price, $12.33 subscription by employees. 11,650,000 Sylvanla Electric Inc. ' 400,000 shares of com-4 for capital expenditures $29.]2J/2 per share. Under¬ written by Paine, Webber, Jackson & Curtis; Robert W. Baird & Co., Inc.; Baker, Watts & Co.; Bateman, E'ichler & Co.; Blurt, Ellis & Simmons; Boenning & Co.; Bos¬ worth, Sullivan & Co., Inc.; Alex. Brown & Sons; Brush, -Slocumb & Co.; Crowell, Weedon & Co.; Davis, Skaggs ft Co.; R. S. Dickson & Co., Inc.; Emanuel, Deetjen & Co.; stock mon 7 * Witter and (no working Ripley Noyes, Co. 250,000 shares of i com¬ 1,999,000 shares of common 1 i I Products, par). Purpose, capital. Price, ft Co.; Ferris ft Co.; | | < 1 Products stock, of (par Corp. 10 ft Hornblower Co.; preferred to C. Legg & (par .^0 & 35-cent offered in units and .13/10ths. shares of ';"77 & Co. 200,000 to shares of ! * . o : r subsidiary in common its ' without underwriting. Co.; Gould; Co.; Turben Morgan Co.; Wurtz, Oversubscribed. Dulles ft Co., ■ Lightweight stock Aggregate Co. 12,599 and Yarnall '. 7 (par Price, $1). $14 Purpose, for share. per of shares com- acquisition Offered . com- 6,401 shares of common stock (par $1). Purpose, for acquisition of certain assets. Price $15.50 per share. Offered to residents oi Texan only by Securities Management Corp.; Rauscher, Pierco 77ft Co.; Binford, Dunlap ft Reid; J. F. Perkins & Co., and 99,216 Texas Lightweight stock capital & & & Co.f Inc.; Van Alstyne Noel Corp.; Wagenselle.r Inc.; H. C. Wainwright & Co.; White, Weld St Whiting, Weeks ft Stubbs; Dean Witter & Co.; assets. 7:77; 7 ;777/7 . Lester of certain by company for subscription by stockholders. Underwritten by Securities Management Corp.; Rauscher, Pierce ft Co.; Binfortl, Dunlap ft Reid; J. F. Perkins & Co., and Southwestern Securities Co.- 7;'-.:7 '/'• • 7:7v -'7 '•■7 mon V" Purpose, for working capital. Offered by George F. Breen. aid Brothers; Durst, 176,386 Texas : ■ cents). share. Purpose, 177 V . ft Stroud ft Co. ? Hutton Co.; F. S. Moseley ft Co.; Pacific Northwest Co.; Reynolds & Co.; Riter & Co.; Herbert W. Schaefer ft Co.; E. H. Schneider ft Co.; Shields & Co.; Singer, Deane Scribner; William R. Staats Co., Inc.; Stein Bros. & Boyce; Woodard-Elwood ft 1 E. W. & j - 7 com- Radio Lehman Co.; , and 390,000 shares be Weeks; & Loewi ft Co.; Irving Lundborg ft Co.; Mann and Laurence M. Marks ft Co.; McDowell, Dimond 7Merrill Lynch, Pierce, Fenner ft Beane; Merrill, | & Co.; The Milwaukee Co.; Mitchum, Tully ft Co.; t shares of 300,000 cents) Harriman Hayden, Miller & Co.; Hemphill, Graham, Parsons ft Co.; Hickey & Co., Inc.; Hill, | 1 MANUFACTURING The First Cleveland Corp.; Goldman, Sachs ft Co.; Inc.; The Illinois Co.; Kalman ft Co., Inc.; Kidder, Pea* body ft Co.; Laird, Bissell & Meeds; Lee Higginson Corp.; John i) stock Co., Co.; 1 for fi- Feed & Seed Co. 27,500 shares of 6% cumulative stock (par $10), Purpose, for general corporate Price at par. Offered by company to residents Arizona, Over- stock./Purpose, ; ... . . Southwestern Aggregate Securities Co. Co. • ;7 . . ' $25,651,603 ♦Represents issues placed privately. purposes., of Price, Lunt. ... ! ETC. Purpose, preferred - stock loans. & Corp. 25,000 shares of common stock (par $1). Purpose, for general corporate purposes. Price, $3.50 per •7/'777''share. Offered by^ company for subscription by emi ployees.. 7V; 7.7,';;.7,i,.;7r Co.; nancing program and for working capital. Price, $10 per 7..u share. Offered by company for subscription by common -V; stockholders/ without underwriting. Oversubscribed. •" > 1 '• , & Co. common ■ Mines, $1.50 per1 375,000 Capita! Schmidt," Poole Dulles Hamlin cents) written by Floyd D. Cerf, Jr., ; Purpose, for development, exploration Price, 15 cents per share. Offered Television par). Bodine; , ■ Cq4 . stock com¬ 87,500 Ludman Co.; stock. Purpose, to pay certain claims, for acquisition plant and for other corporate purposes. Price, $5 per unit.*: Underwritten by Barrett Herrick & Co., Inc. ' a, share. stock- five working and Riley & Co. Reid Co.; (par by 847,750 Ludman Corp. 225,000 shares of common stock (par $1). Purpose, refunding ($262,300) and for general corporate ',7 purposes ($581,450). Price, $3.75 per share. Under- J Co. share one & Wurts, by share one 58,300 for ; Estabrook & 785,555 Artloom Carpet Co., Inc. 78,555% shares* of re- (no par). . Weeks COAL, Corp. Dairy common "V.-mon 7 . Merrill, INDUSTRIAL AND 300,'000 American ($200,000). stock & Offered stockholders. Unsub¬ privately by underwriters. Co.; Lee Higginson Corp.; & Crouter (par and Co. Purpose, Co.; ! Y./'.'.;/ ' per of ' '- 7 investors, common Masten stock common public. capital, etc. : Price, $5.05 per .unit. Bean & Mackie, Inc. 7' ;77';' 7/ Co. Inc.; Loewi l'Cpay $102 mon , 7 cumula- Purpose, stock Underwritten 5.10% to Price, of expansion common placed Underwritten ,77,77, OTHER of to working Co.; ' (par r Purpose, " for new construction. Price, $75 per --Offered by company for - subscription by common v..holders,- without underwriting. ... . ; * shares Purpose, Underwritten '77C>V.\ cumulative preferred stock (par ^4.85) Merrill preferred (par Gold r$l ,500,000 American V Lynch, Pierce, Fenner & Spencer Trask ft. Co.;,A. C.' Allyn ft Co., Inc. 7, Hornblower ft Weeks; Bear, .Stearns..ft.,vCo.; Hemphill, :Noyes, Graham,-Parsons ft Co.; Stroud & Co. Inc.; and <-;Newburger & Co. '.Oversubscribed. '"7 7 , ♦400,000 Clinton Water Works f.. , - - ,7 7-.. * -.1 100,000 program. $442,350 Beane; \ Co. finance to •., preferred 298,788 Le Roi ] Inc. 30,000 shares of" capital stock (par 10 cents). Purpose, for exploration and development of- Utah properties; Price, $3 per share, 7 Underwritten by J. Arthur Warner 8c Co.,'Inc. Oversubscribed, - . , Union Securities Corp.;. Smith, Barney & Co.;,, Dillon E. Whiting, cent). one shares $59 by (146) share. hy Singer, \ i & Mining by Tellier - (par , resi¬ are 117,200 shares of common stock $10).. Purpose, to reimburse the company for construction expenditures. Price, $19 per share. Offered by company for subscription by common stockholders, Under- 50 common ' operating expenses. 90,000 Western $2,226,800 Atlantic City Electric Co. 7" to shares 69,406 Inc. • 18,500 shares of cents).": Purpose, to reduce bank per for stock liquidate (pap Pacific Northwest Co.; Paine, Webber, Jack¬ Uranium (par and pre- stock A. Beane; STEEL, stock 299,850 Utah . are and Townsend, of exploration and •-development, Price 21 cents per share. Offered by company to public, without underwrting. : of & of * mon . computed at their offering priceg^^ ■ to company (par $100). expansion dividends. & Co.; $52,500 Talisman Corp. Purpose, 23,206 subscription shares Richards (City of), Canada consolidated loan 3% to 3%% dated May 15, 1951 and due serially May 1955-81. inclusive. Purpose, funds advanced to Toronto Transportation Commission and used by it for capital Price, Co. share per subscribed., and Yarnall & Co. IRON, 5. stocks . for Inc.; Bros. & $1). Robert Garrett ft Sons; STOCKS , * (par $59,093,780 $80,468,000 ferred capital and by stock 101,000 General Electrosonics, InC; 20,000 shares of 5% cumulativeparticipating preferred stock (par $5) and 20,000 shares" Hutzler; Schmidt, Poole & Co.; Schoellkopf, Hutton & Pomeroy, Inc.; Scott & Stringfellow; Chas. W. Scranton & Co.; Shields & Co.; Smith, Barney & Co.; Spencer Trask & Co.; Tucker, Anthony & Co.; Underwood, Neuhaus & Co.; Union Securities Corp.; Vietor, Common, Dann & Co.; G.-H. Walker & Co.; G. H. debentures, >7 7 * ' only. accrued Ohio Co.; Salomon > due . (Preferred and capital Offered •"■/.•, : Purpose, for capital additions and working capital. for $16 son & Curtis; Prescott, Hawley, Shepard & Co., Inc.; Reynolds & Co.; Riter <fc Co.; Rowles, Winston & Co.; . , Barney & Co.; The First Boston Corp.; A. E. Ames & Co., Ltd.; Wood, Gundy & Co., Inc.; and McLeod, Young, Weir, Inc. Oversubscribed, v. ■•"'• " * v : Morgan Stanley & Co.; F. S. Moseley & Mullaney, Wells & Co.; W. H. Newbold's Son Co.; The turity, plus accrued interest. Underwritten by Harriman Ripley & Co., Inc.; The Dominion Securities Corp.; Smith,i working par. Transmission Pierce, Fenner Milwaukee Co.; Co.; Inc.; Weir, ; .7 May 15, 1971. Purpose, The Hydro-Electric Power Commission used for capital expenditures. Price. accrued expenditures. i at of • ■- 296,000 Frontier Industries, & Co.; Hornblower & Weeks; Kidder, Peabody & Co.; Kuhn, Loeb & Co.; W. C. Langley & Co.; Lee Higginson Corp.; Lehman Brothers; Laurence M. Marks & Co.; debentures, ~ Gas Mason-Hagan, 3%%, Canada 20,000,000 Toronto V for Price, shares •'■ ,■ 1 Instrument & & Co.; Stroud & Co., Inc., and j | & Co.; Milwaukee The ; common Oversubscribed. Underwritten by Estabrook * , HailoweH, Sulzberger^ Co;; Harriman Ripley & Co., Inc.; Harris, Hall & Co. (Inc.)Hemphill, Noyes, Graham, > 1951 advanced and Ripley . Co.; of general corporate purposes. Price, Underwritten by Merrill Lynch/Pierce, (par Mineral $42 DeHaven j Legg Dillon, Read & Co. Inc.; Dittmar and, Equitable Securities Corp.; Estabrook & First Boston Corp.; First Southwest Co.; Fulton, Co.; Glore, Forgan & Co.; Goldman, Sachs & & Underwritten by Harriman Wood, Gundy & Co., Inc.; The First Boston Corp.; Smith, Barney & Co.; The Dominion Secu¬ rities Corp.; A. E. Ames & Co., Inc.; and McLeod, Young, Weir, Inc. 777 777; 7;.:. " ' 15, Ontario 98% i C. Efrexel & Co.; Government of), (Province May funds * Purpose, Inc." 400 common and for working capital. $2.50). ' Cruttenden The Federal Home McLeod, Young, 50,000,000 Ontario ♦ John & em- , of for Camera pany Co.; Shields & Co.; F. S. Smlthers Co., Inc.; Stern Brothers & Co.; Co., Louisiana loans and shares 24,000 stock scribed Lyhch, Bodine; v Feb. Offered ' ' share. by Stone & 7-^77-" Webster Securities Corp.; White, Weld & Co.; Bacon. Whipple & Co.; Robert W. Baird & Co., Inc.; Blyth & Co., <•7.-,;. ;7'-vV-: Inc.; Bosworth, Sullivan & Co.,'Inc.; Central Republic Co. (Inc.); Clark, Dodge & Co/, E. W. Clark & Co.,;, C. C. Codings & Co., Inc.; DeHaven & Townsend, Crouter & debentures, due May 1, 1961, 1971, 1975 and 1981. Pur¬ pose, to purcnase buses, and lor new construction and equipment. Price, 28.69% to 99.61%, according to maturity, plus accrued interest. Underwritten by The First Boston Corp.; The Dominion Corp.; Smith, Barney & Co.; Harriman Ripley & Co., Inc.; Wood, Gundy ft Co., Inc.; A. E. Ames & Co., Inc.; ... ■ Turben • shares $7.39% by Price, $27 per share. Offered by company for subscription by common stockholders.. Oversubscribed. Underwritten by Glore, Forgan & Co.; Blyth & Co., Inc., and Baker, Weeks & Harden. Parsons i ,i of share -w Canadian - Co.; stock common ^ 200,000 program \ Baker, Watts Byllesby & Co. Co.; Co. Purpose, Price, stock¬ Merrill M. & . -*7 j Staats bank Loan. $10,468,000 Edmonton ; H. - 977,134 Foote (par $8). $29.25 per by common by Cooley & cumulative preferred stock $257,500,000 . R. Telephone 10,000,000 Tennessee consolidated par. Merrill, Moseley & 7,7:7:i7'7': Sept. ■ and Langley 777 % Federal , 15, S. Wm. $50). (par ■ Inc.»; Co.; of :;(l'"■"7.'.7_ -■ per share. Fenner & Beane. . j Whipple, & Co.; Co. & Co. Cunningham Oversubscribed. capital. Price, for subscription common G. H. Walker & Co.; Whiting, Weeks & Stubbs; Williston & Co., and Yarnall & Co. R. dents Offered the non-callable May due par. & Co.; shares 7,000 working ' C. Coe: indebtedness. consolidated and at « 2'/4% dated 1951 agent Banks. series 15, Price, F. *20,000 Ringgold consolidated non-callable ~ W. & Co.; J. consolidated 2.25% Collins Stix & Co.; Sept. 4, 1951. at par. Offered by fiscal agent. Price, New Becker Grubbs; Co.; due 15, 1952.. 'Purpose, refunding. Price, at through Everett Smith, fiscal agent for the . - 2.05% and 14, 1951. Purpose, refunding. through ;Everett "Smith, fiscal f i-f-V, *' 1951 money." Newcombe, Intermediate 100,000,000. Federal Home . 1, Banks Bacon, G. Julien Mackall debentures, dated June *1, 1951 and due March 3, 1952. Purpose, refunding ($47,665,000) and "hew money" ($24;830,000).? Price, at par.' Offered by Macdonald G. New.combe, New York, fiscal agent. | : June "new G. Credit A. Co.; ' : Paul H. Davis & Co.; Dominick & Dominick; East¬ Dillon & Co.; Fahey, Clark & Co.; Hallgarten & Co.; Hogle & Co.; Hornblower & Weeks; Jenks, Kirkland A. & $2,000 & Inc. company Chemical Products $2.50). $17.25 7 .. ,vp , Co.; J. privately through F. S. Yantis ft Co., Inc. Intermediate Co.; man, Farm Loan and Government Agency Issues •$35,005,000 Federal Bache (Inc.); & *$-150,000 Cumberland . Price, subscription Underwritten Almy 1,873,962 Fairchild Pierce, Fenner & Eeane; Kidder, Peabody & Co.; A. C. Allyn & Co., Inc.; American Securities Corp.;' Atwill and Purpose, for general corporate purposes. Placed privately through Auchincloss, Parker ft Redpath. , stock common construction. new company for Oversubscribed. by & Co., ■ ■ . ^• 7 & subscribed. . • - 436,224 shares of by holders. 1952-1956. ; for Offered f MANUFACTURING Co. Co. for Offered Stiver & Blunt Ellis & Simmons; Brush, Slocumb & Co.; Cohu 8s. Co.; J. M. Dain & Co.; Hill Richards & Co.; Irving Lundborg & Co.; Lester & Co.; Kalman & Co., Inc.; First of Michigan Corp.; Quail & Co.; Schwabacher & Co. Over- ']7.: common of by Edison Saunders, Emerson S. Moseley & Co.; White, Weld & Co.; Dean Witter 8c Co.; William R. Staats Co., inc.; Central Republic Co., Inc.;, Singer Deane & Scribner; Ball, Burge & Kraus; r '• ; Inc.; Merrill Lynch, Pierce, Fenner & Beane; A. C. Allyn and Co., Inc.; Blair, Rollins & Co. Inc.; Central Republic Co. (Inc.); Equftabie Securities Corp.; W. E. Hutton & Co.; The Illinois Co.; Kalman & Co.', Inc.; Kidder, Peabody & Co.; Laurence M. Marks & Co.; McCormick & Co.; The Milwaukee Co.; Pacific Northwest Co.; Piper, Jaffray & Hopwood; Stifel, Nicolaus & Co., Inc.; Whiting, Weeks & Stubbs; Dean Witter & Co., and Woodard-Elwood Co. * ( Ohio L. Trencher Purpose, $5), share. ;1414,000 Ekco to stockholders and $16.75 to public. company for subscription by common stockUnsubscribed shares (9,902) underwritten .. J- 12,759,552 Including Five Years) INDUSTRIAL , „ > Blyth & Co., \ 'i i by holders. Co.; H. (par $1). Purpose, refunding ($1,100,000) and for expansion,and working capital ($3,325,000). Price, $22.12y2 per share. Underwritten by Paine, Webber, Jackson & Curtis; Estabrook & Co.; The First Boston Corp.-; Hornblower & Weeks; Lee Higginson Corp.; Lehman Brothers; . stock common shares repay common for company F. of share per. Offered . Utilities $5). of capital. Price, subscription working by stock ? C. stock & and 4,425,000 Dewey Kalman -& 73 3,455,227 Montana-Dakota pri¬ -77.77:777' Jones ployees. 17'7/, Co., Inc.; Model, Roland & piper, Jaffray & Hopwood; Allison-Williams Co.; Allyn and Co., Inc.; J. M. Dain & Co.; JohnstonCo., Inc.; Harold E. Wood & Co., and Wood,ard-E.wood & Co. Offering completed. A. ■ Corp. 3%%. promissory note Purpose, for expansion. Placed (Par „ Stone; 7-. investors. vately through Johnston, Lemon & Co. , Co., 51,783 Cleveland ■■ <'7 com- (par $1). Purpose, for additions and improvements to property. Price, $15.50 per share to stockholders, and $17.75 per share to public. Offered by co. for subscription by common stockholders. Unsubscribed shares (7,662) , Finance 1960. H. & 1 ' shares 50,000 for Offered Merrill, Turben & Co.; Fahey, Clark & Co.; Fulton Co.; Watling, Lerchen & Co.; The First Cleveland Curtiss, House & Co.; Olderman, Asbeck & Co.; & Corp.; McKendrick ♦4,000,000 State Co.; Reid working capital. for subscription ■ Purpose, by Lee Higginsoa Oversubscribed, * Trencher Co. 11,560 shares of common stock, (par $5). Purpose, for working capital. Price, $8.25 per share. Underwritten by Hayden, Miller & Co.; McDonald company for subscription by Blyth & Co., Inc. acted as dealer- Gas $1). Co.," Inc. Co. .by employees. by stockholders. Oversubscribed. manager; • - Offered & Biscuit share. per Underwritten Brooks W. 95,370 Cleveland share. Offered by company stockholders, without underwriting. share. per P. (par $2.75 & Purpose, and 137,500 Carr-Consolidated per per 1,852,843 Minneapolis Car institutional (par common common t < Barret, Fitch & Co.; stock $13 ■ Corp. 3% and 3%% promissory due serially to 1963. Purpose, lor new equipment. Placed privately with jy/rrLife insurance Co. >: P.- and (no 6,824,337 Long Island Lighting Co. 524,949 shares of common stock (no par). Purpose, to reduce temporary bank loans. Price, expen- 100% by notes ; (Inc.);1 Laurence Co.; Bacon, Whipple Price, $24 7 . •4,900,000 North Co. mon institu¬ capital Price, Lehman & % Weeks; Morgan ft Co.; Reinholdt & Gardner; I. M. Simon ft Co.; Walston,t Hoffman ft Goodwin, and White ft Co. , loans stockholders. common Merrill : , 7 ^ Corp.; 1 240,048 Lincoln Telephone ; convertible 4%% Ball, Burge & Kraus; Burnham Boston Biscuit Co. 384,604 shares of common $1), Purpose, for working capital. Price,/ share. Offered by company for subscription by (par per Corp. R. Staats Co., Inc.; Julien Collins & Co.; Fulton, & Co.; J. J. B. Hillard & Son; Hurd, Clegg & Co.; Kirkpatrick-Pettis Co., and The Ohio Co. Oversubscribed. Co. ft for purposes. Underwritten Inc.; Noel Purpose, corporate interest. Inc.; Van Airlines, Inc. May 1, 1963. due and accrued Co., promissory Purpose, refunding ($484,150) and for ($1,015,850). Placed privately with an tional investor stock common, William •• *1,500,000 Kobacher Stores, Inc. 3V4% 1966. bank repay $33.62 V2. of Reid Co.v . capital shares Co.; G. H. Walker & & Co.; Robert W. Baird &• Co., Inc.; William Blair & Co.; H. M. Byllesby & Co. (Inc.); Farwell, Chapman & Co.; The Illinois Co.; The Milwaukee Co.; Newhard, Cook & Co.; Pacific Company of California; due note Price. stock $2.25 privately through Merrill Lynch, with 10 institutional investors. 203,594 - 865,359 Carr-Consolidated share. Underwritten" by Lynch, Pierce, Fenner & Beane; A. G. Becker & Co. Inc.; Blyth & Co., Inc.4 Glore, Forgan & Co.; Kidder, Peabody & Co.; Smith, Barney & Co.; Wertheim & Co.; A. C. Allyn & Co., Inc.; Harris, Hall First . _ Beane & Power Co. Purpose, to par). , , 7 Placed Fenner 6,845,848 Illinois deben¬ capital. Watling, working dividends. Pierce, par. 1, ,1966. Placed ., 1981. 1, ■; collateral Lehman Stores, for Prudential ♦450,000 Kobacker June ■ - 3%% Florida Power & Light Co. 50,000 shares of 4'/2% cumulative preferred stock, series A (par $100). Purpose, for 'construction program. Price, $102.25 per share and ac¬ Co. *1,850,000 Grayson-Robinson . Jan. Price, • Purpose, through privately Lerchen • Sept. . 7 (363) crued due purposes. Inc. *5,000,000 „ debentures corporate *10,000,000 Fruehauf Trailer Sales, Inc. tures Co. & 5% Inc. general 4%% 10-year subordinated expansion program. Placed Inc. Purpose, through 50,000 Crown Finance Co., Offered . (Continued on page 8) 4? ■ {i ~n~ LI 131 The Commercial and Financial Chronicle t . 1951 Monday, July 30, . . (364) MISCELLANEOUS "k ♦50,000 in preceding column. Fire & Casualty Co. a (par $1). Jackson $10). 120,000 Involved. Co., by Rutgers & owner of 53.4% of com¬ unsubscribed shares, over¬ Tri-Continental Corp., writing agreed to purchase any subscribed. , Fire Insurance Co. 30,000 shares of prior preferred stock (par $15). Purpose, refunding. Price, $100 per share. Underwritten by Union Securities Corp.; Geyer & Co., Inc., and Shelby Cullom Davis Si Co. Oversubscribed. Globe 3,000,000 Rutgers & $4.64 cumulative h 220,000 B stock $10). (par without general corporate pur¬ by Offered Price, at par. underwriting. poses. 22,000 shares of class Inc. for Services, Purpose, Consumer Greenbelt ' Panhandle 1,612,188 at by Equitable Union underwriting. of stock equip¬ & Co., Brands, Inc. 40,000 shares of capital Purpose, to purchase machinery and Price, at par. Offered by Floyd A. Allen Sold to a small group of Investors. 40,000 Imperial $1). (par ment. Inc. stock common without of etc. 10 (par Wholesale by publicly Offered Price, at par. underwriting. capital. 39,700 United stock Davis Co. & Price, Co. ' 25,000 $52.62% shares of of Products, (no Inc. to The share, shares plus of common per Financing $1). Co., Inc. (par Telephone Co. 4,500 shares of Price, $34.25 per share. Offered Oversubscribed, Co., Price, Inc. $28 4,000 of shares share. per Offered common Blyth by Completed. $10). & 1,307,000 Thorer Co. & Price, $37.25 per share. Inc. Oversubscribed. Hollender, Price, per 47,500 i $202,79+ Alien Corp. $43.25 England (par $25). Production (par Read 20,000 shares of common stock (par share. Offered by Smith, Barney Co. and W. E. Hutton & Co. Oversubscribed. Steel Price, per 3,725,000 Standard 011 Co, of Ohio 100,000 shares of completed. $10). 12,561 shares of common stock share. Offered by Pacific $7.25 Property. Inc. 6,445 shares Sold 1 Trans, Caribbean by & 20,000 shares of common stock (par per share. Offered by Smith, Barney Hutton & Co. Oversubscribed. Corp. and Co. W. E. Inc. $10). & Co. To has t 69,000 Atlanta It of common Offered by shares share. 366,250 Ashland Oil. & Refining Co. 10,000 stock (par $1). Price, $36.62V2 per A. G. Becker <fe Co. Oversubscribed. for at of 115,000 Atlanta of common stock Offered by Courts & Co. 5,000 Co. shares Price, $23 per share. Trencher (par $5). Miller of common stock share. Underwritten by Hayden, & Co.; Merrill, Turben & Co.; Co.; shares 99,100 Co. Price, $8.25 per & McDonald Oversubscribed. Olderman, Stiver Si Co., 4,106,250 Creole (par & Co.; Co.; & T. Cunningham H, & Corp.-Seagrams, Ltd. (par $2). Price, $27.87 First Boston Corp. of 2nd per Cohu shares 60,000 of during 20,000 Forbes : 1 stock & (no Brothers F. S. shares share. 1,000 of shares by of the ;' 1651. the the Redwater 1,120 Field at _ ♦Notes „. and Tifft 1, shares i y'Bearing common in 161 GIVING acres net cost of interest the at rate of rate PRESENT FINANCING Authorized 1963 $2,50)—, Outstanding $7,278,500 (par thereafter at the $6,380,000. EFFECT TO „ due Feb. Common Co. and $5,000,000 3,000,00p shs. 2% of 4% per per 2,000,000.shs. until annum Aug. 1, '■/ annum. 1951 y UNDERWRITERS—The underwriters named below have agreed sev¬ erally and not jointly with the company, to, purchase and the company •agreed to sell common shares, without nominal or par value, in the number set forth below opposite their respective names:" f £ U- Bradford Si Co.; Phillips Co.; L(4 ! ' Doolittle Si : M : ■ r: ,! • H ; Lemon & Co■' Co. (Inc.); S« Dickson R- Cruttenden & Rothschild & The Robinson-Humphrey Co., Inc.; Co.; Stein Bros, Si Boyce; Stern Oversubscribed. Co., and Stroud Si Co., Inc. $92,500 Gamewell Co.-> 5,000 shares of common stock p,rI?e', $18-50 per share. Offered by H. Hentz —1 pie ted, ■ftp*! ' * 333,083 General L. f Li. Par)' "* Co., Carl » & Inc. Time Corp. 9,317 Price, $35.75 per share. Oversubscribed. (no par). Com- v 1 shares of F. Brothers Si Co. 6,600,000 114,500,000 316,000 :V /: 75,000 shs. 25,000 shs. •- 65,opo shs. $51,162 shs. 63,232 shs. , $58,660 ShS. 71,500 shs. 71,500 shs. $3,800,000 shs. $§2,767,015 shs. 1951 dated as common- stock ( (no Offered by Blyth & Co.. Loeb, Rhoades ——„^ Co. ' Securities Bache Co & Boettcher J. C. L. West & I. duPont ,. F. Rothschild Si Co 5,000 F. 5,000 10,000 Spencer 2,000 Tucker, 15,000 Marks & — 2,00o 2,000 Co.- 10,000 2,000 common VThe company has a commitment from a bank to lend the company to $5,000,000 on or before Sept. 4, 1951 upon the company's maturing Nov. 1, 1951 and bearing interest at the bank's notes prime commercial rate for-unsecured loans in effect at the time the '.respective borrowings 1 are made. .On July-.16,- 1951 the company (borrowed $3,000,000 under this commitment at an interest rate of 2'/2%. tlncludes, as of . July 20, 1951, -262,040 shares reserved for con¬ version of 3'/2% convertible debentures, 234,640 shares reserved for conversion of the 1949series preferred> stock and 204,648- shares . preserved for conversion of the 1950 series preferred stock. In addition, <227,013 shares of such common, stock have been reserved for con¬ version of the 1951 series preferred stock. ;' /. V-'~v. - S. Sutro PROPOSED INCREASE IN CAPITALIZATION—The <has treasury 1,341 C. E. 10,000 & Scribner_ Si Co & Co in prehensive enlargement of the company's" authorized capital structure, The board is proposing to the stockholders that (a) the authorized increased be of (amount be inc-eased from 100.000 amount of the second preferred shares, (c) the authorized be increased from 3,800,000 to 5.000,000 maximum aggregate principal amount of Anthony Securities & 7,000 Co 200,000 from common stock Unterberg & Co supplemented '$157,000,000 i— Wertheim Si Winslow, Douglas Evoy Warren 7,000 Co W. Mc- • 2,000 York number '•each, and to as Co., : indenture increased of the from mortgage, present limit series 11,120 preferred stock to be purchased Bosworth, & Co., M. Marks Si Sullivan Co._ 1,830 — 1,830 1,830 Laurence 8,330 McCormick 6,470 6,470 6,470 The Smith, Barney Si Co.— ; Securities 6,470 Blyth Brothers Co., <fe *Union ■ — Inc.—— & Co Peabody Corp.— Hornblower & Weeks,—2,760 Shields —V. Si 174, Company-—_—-, 2,760 p. by Shares Inc. * 10,870 .Kidder, of of the principal underwriters and the follows; White, Weld & Co Corp. 'Lehman as v Stone & Webster Securities ; 2,000 be names of 1951 300,000 company's the $300,000,000. shares of are to Shares 15,000 & — the and-modified, • 2,000 Wainwright Si Co._ 10,000 Walston, Hoffman Si Good¬ win under UNDERWRITERS—The 15,000 :_!■ that (d) and issuable bonds 10,000 Corp H. C. Inc. j shares, $100) (par (b) the-authorized 300,000 shares, (stock stock preferred the of amount ito 5,000 15,000 Trask board of directors a j 10,000 Co <fc common special meeting of the stockholders of the company to be September of this year to act upon proposals for the com¬ called (held shares stock. flncludes < ■ Deane Smithers Union 5,000 of j 10,000 Shearson, Hammill Si Co.— Co.— Co Mason-Hagan, Inc. L. •, Singer, Si 5,000 2,000 Silberberg & Co Irving Lundborg & Co W. L. Lyons & Co.— Laurence M. _ Co Si 2,000 & Co. —— 10,000 •Ingalls Si Snyder-*—: ll 15,000 Johnston, Eemon & Co._— 10,000 Kidder, peabody Si Co—15,000 W. C. Langley & Co 10,000 & Roberts 5,000 Hallgarten Freres Co into —— 2,000 - Miller & —— ,— Emanuel, Deetjen Si Co Lazard Shares v Jaffray & Hopwood- 15,000 Shepard Si Co., * "Inc. : 10,000 10,000 Day & Co Francis . . Prescott, Co.:.—10.000 & Whiteside, Chaplin & Co E. W. Clark Si Co R. r Piper, 7,000 Cc._;—____ Winslow Inc; ; '* * Mead, 44,00$ Corp.i and Bradford Chace, UNDERWRITERS v Si 1951 of 3 ^ % convertible preferred stock, 1949 and stock. Additional shares of common stock be issued upon such conversion prior to the completion of the of the 1951 series preferred stock now offered. series, up • M. American Inc.; L. STATES '"Shares Co.; Kalman Si Co.; Lehman Brothers; Carl M. Loeb, Rhoades Si Co.; Loewi & Co.; Marx & Co.; McCormick Si Co.; Merrill, Turben & Co.; Mullaney, Wells Si Co.; Paine, Webber, Jackson & Curtis; H. O. Peet & Co., Edward A. Purcell & Co.; Reinholdt Si Gardner; & UNITED Co."; Si Reynolds Si Co.; k Si Co.; ston, '' Si Eichler Co.; Francis I.- duPont & Co.; Fulton Reid Granbery, Marache & Co.; Havden, Stone Si Co.; Hemphill, Noyes, Graham, Parsons Si Co.;.Henry Herrman Si Co.; Hornblower & Weeks; W. E. Hutton Si Co.; John¬ , * ■! Central-Republic Pain ■ i Bateman, Bosworth, Sullivan & Co., Inc.; Brush, Slocumb & Co.; Caldwell sale j and semi-proven leaseholds in the Excelsior Field, which .... Inc.; 8,000.000 $Reflects conversions through July 20. and $4.25 convertible second 1950 of proven acres aggregate an CAPITALIZATION (par & interests in acquired were stock $20 per share. Offered by Moseley Si Co. Oversubscribed. Robert W, Baird & Co., Blair, Rollins Si Co. Inc.; 16,000,006 under terms of indenture of mortgage of Manufacturers Trust Co. and Frederick E. Lober, of June 1, 1946, as supplemented and amended, securing a total authorized issue of $157,000,000 principal amount of first mortgage pipe line bonds of the company (exclusive of bonds issued for refunding or upon exchanges or transfers of or in substi¬ tution for other bonds issued under said Indenture). of pany has by , ; ; 12,000,000 28,000,000 16,551,000 to company may stock B balance of 24,000,000 issuable and •Issued 2) page 1950 of of 36,000.000 200,000shs. * stock ($3 par value)—-—^ v trustees, business includes both the acquisition and development of and semi-proven petroleum lease interests, and to a limited exploration for new oil and natural gas fields. The com¬ extent Stearns Cooley class series proven common common series conv., pany's in Offered conv., Co. common Bear, $4.25 .Common 13,125,000 June 1, 1966 Sept. 1, 1368- due $4.40 stock Si 2,510,228 Gamble-Skogmo,; Inc. - 304,270 shares of common stock (par $5). Price, $S.25 per share. < Underwritten by Goldman, Sachs Si Co.; Merrill Lynch, Pierce, Fenner & Beane; .j. Piper, Jaffray & Hopwood; Arthurs,.'. Lestrange^ & Co- : 1, $29,800,000 debentures Oversubscribed. 3,500 per Wallace, Inc. par). Price, and series ' Outstanding Authorized stock (without par value) $4.25 convertible (1949 series) -< approximately $500,000 to drilling and exploratory operations business , Bearing Co. Price, $44.50 $10). June series due was incorporated to engage generally in the prospecting for, acquiring and developing oil and natural gas properties, and producing and selling crude oil, natural gas and related hydrocarbons in the western provinces of Canada. The com¬ share. ' Offered 96,810 Drewry's Ltd. U. S, A., Inc. 6,915 shares of (par $1). Price, $14 per share. Offered by & Co, All sold. 155,750 Fafnlr 3% 3'/4% BUSINESS—Company stock Blyth common by Offered devote to Emerson Inc. shares (Continued from y Saunders, L. ' 1,672,500 Distillers The H. 50,000 shares of capital $82.12y2 per share. Offered by $1). stock and Corp. Phipps Stores, Inc. 9,877 Price, $6 per share. (par Co.; & Jones Co., FINANCING PRESENT TO 1966——— $36,000,000 15,000,000 36,000,000 3V4% series due March 1, 1964_„—. 24,000,000 2nd 3'A% series due Nov. 1, 1964— 12,000,000 3V4% series due Nov. 1, 1965 28,000,000 3V2% conv. debs, due Sept. 1, 1963— 20,000,000 3V*% sink. fd. debs, due Nov. 1, 1957 16,000,000 ■ 3% sink, fund debs, due Nov. 1, 1958— 8,000,000 2V2V0 notes payable to Bank, maturing serially in 1951 and 1952 10,000.000 Notes payable to bank, maturing Nov., 1951 No Indent. 3% notes payable due 1952 No Indent. Preferred stock ($100 par value) 100,000 shs. 4.10% cumulative preferred stock— 75,000 shs. % cumulative preferred stock— 25,000 shs. series due the Oversubscribed. Inc. Petroleum $5). Price, Co., 59,262 Dean Asbeck Si EFFECT GIVING pipe line bonds: mortgage 3% y Investment News Fahey, Clark & Co.; Fulton, Reid Si Co.; Watling, Lerchen Si Co.; The First Cleveland Corp.; Curtiss, House & Co.; It were revenues CAPITALIZATION ♦First . General Corporation and Oversubscribed. 817,575 Cleveland operating 2nd pfd. Light Gas (par $5). and net income of $3,746,259; $38,678,202 and net income was operating revenues of $19,640,104 1950, capital stock. by Office of auction - . ♦Represents issues placed privately, tlndicates special offering. Light Co. 3.000 shares of common stock Price, $23 per share. Offered by Courts & Co. system cubic meet growing demands in California for more gas. the company applications before the Federal Power Commission for expand¬ total Dillon, $28,869,867 Gas (par $5). system and dis¬ to the California market by an additional per day. This further expansion is expected approximately $63,690,000 and. in order to provide latitude for future financing requirements, stockholders will shortly be asked to authorize increases in the company's capital structure (see below). For the four months ended April 30, 1951 the company reported Oversubscribed. I line cost to Air Co. pipe a west Texas, southern New Mexico the Arizona-California boundary for California, including the Los Angeles and San Francisco currently has a delivery capacity of approximately feet of natural gas per day. \ in The operates and owns ir» at gas ing delivery '"•apacity 30C,000,000 cubic feet 635,000 Weyerhaeuser Timber Co, 10,000 shares of common stock (par $25). Price, $63.50 per share. Offered by Kidder, & help finance the company's plan to in Arizona, New Mexico and west will customers company delivers and 901,000,000 per Peabody to customers supplies areas. New Jersey RR. & Canal Co. 2%% general mort¬ bonds due March 1, 1976. Price, 94.75% and accrued interest. Offered by Paine, Webber, Jackson & Curtis. Corp. common converted on or dividends. accrued BUSINESS—The which gage 12,000 shares of common stock (par Price, $41.25 per share. Offered by Smith, Barney and W. E. Htton Si Co. Oversubscribed. Steel 495,000 Armco series into 1961 31, Dec. by Arizona 500,000 United Steel Corp. 20,000 shares of common stock, (par $10). Price, $41.37Vi per share; Offered by Smith, Barney & Co. and W. E. Hutton & Co, Oversubscribed. 827,500 Armco before or on 100,000,000 cubic feet of gas per day. The plan, pending authorization by the Federal Power Commission, calls for the ex¬ penditure of approximately $23,250,000 for constructing main and sup¬ ply pipe lines, compressors and other facilities to increase system deliveries from the Permian Basin in west Texas. Cargo Lines, Inc. 20,000 shares of (par lo cents). Price, at approximately share. Offered by Gearhart, Kinnard & Otis, Oversubscribed. $2.37 % Price, $42.62Va $10). 1956, deliveries increase Texas stock Steel 852,500 Armco which shares $6,389,780. share. per stock common Offered Preferred Stock Offered— — through Dec. preferred at $100 per share. at company option at $104 per for the sinking fund beginning June 1, 1962 at $101 per 31, PROCEEDS—Proceeds 11,800 Co. $31.50 per common share, if and at $33 per share thereafter of price and share, 327,500 Southwestern Public Service Co. 20,000 shares of common stock (par $1). Price, $16.37% per share. Offered by Paine, Webber, Jackson & Curtis.Oversubscribed. 10,000 shares of common stock (par $5). Price, $52.12V2 per share. Offered by A. G. Becker & Co.; F. S. Moseley & Co., and Shields & Co. Quickly 73,630,000 in each case taking the new new preferred stock is callable $1). (par company's Co. by Blyth & Co., Inc. 112,000 Southern t$521,250 Abbott Laboratories 38,393,971 45,172,789 $1.24 convertible is a Dec. 1961 tribution New stock common stock Issues Not Representing New Co., Ltd. Price, 154,125 Southern & 865,000 Armco Final Si par). Coast Securities at before 31, employees stock common Oversubscribed. $5,520,700 . 67,668,984 118,401,955 122,178,988 2,774,957 5,549,913 5,549.913 38,272,183 76,668,650 71.896,268 45,029,826 45,124,952 44,963,990 $1.44 $2.50 $2.59 shares.—V. 174, p. '274. treasury stock The stock Price, at the market (about $1.87% Offered by A. H. Vogel & Co. Completed. 91,067 Smart underwriting. 584,051,719 195,808,988 $4.40 convertible second preferred stock, 1951 (do par) at $101 per share and accrued dividends. ' - (par $1). share). Portland, Inc. 794 shares Purpose, for working capital, Offered directly by company, $*-•»' $ of stock common share. Offered by Smith, Michigan Corp. Oversub¬ per First and 586,500 Safeway Stores, Inc. 17,000 shares of common stock (par $5). Price, $34.50 per share. Offered by Bache & Co. of Druggists capital stock (no par). Price, $50 per share. without & Corp. 22,125 Radioactive class B working company, 10,000 shares of cents). Purpose, for Co. Insurance per 2,000 1951—6 Mos.—1950 Jy ■ White, Weld & Co. headed an underwriting group offered publicly on July 25 a new issue of 71,500 company Life paid— paid—— outstdg,com. share El Paso Natural Gas through Baker, Simonds Si Co. Offered and working capital. Price, $55 per share. to public, without underwriting. penses 1,000 Sunland divs. shares ♦Excluding Corp.; Smith, Moore & Co., and Corp. Oversubscribed. Sold for account 21,250 Plywood, Inc. 5,000 shares of Price, $4.25 per share. Sold 275,000 Sunland Life Insurance Co. 5.000 shares of class A pre¬ ferred stock (par $30). Purpose, for organizational ex¬ by Atlas scribed. common stock Price, at par. 25,000 Skyland Broadcasting Corp. 250 shares of (par $160). Purpose, for working capital. Underwritten by Ball, Burge & Kraus. / 58.844,433 2,774,957 divs. Preferred ♦Com. 550,000 Pickering Lumber Corp. 20,000 shares of common stock (par $7.50), Price, $27.50 per share. Offered by Crutten¬ den & Co., and Reynolds & Co. (par ■ —- profit Common 2.000 Co.—Earnings— 1951—3 Mos.—1950 • revenues Net Securities (no par). Barney & $25) and 2,000 shares of common stock (par $1) in units of four shares of preferred and one share of common stock. Purpose, for working capital. Price, $110 per unit. Offered by company for subscription by stockholders, without underwriting. stock 4,000 Ltd.— Ltd— Co. Si 393,366,388 314,592,131 776,237,828 Profit before inc. taxes 149,284,433 108,198,984 294,821,955 Prov. for Fed. and state income taxes 90,440,000 40,530,000 176,420,000 of shares Wisencr 4,000 2,000 Co.- & wholly-owned subsidiaries) VV 'i, '' (par $1). Price, $8.37% per share. Under¬ White, Weld Si Co.; D. H. Ellis Si Co.; Securities 1,315,625 Parke, 6% preferred 8,000 shares of 220,000 Prudential Acceptance Corp. 192,500 Bickle Wills, Co. Ltd. City Western du Pont de Nemours & •period End. June 30— Earnings Co. R J Yorkshire Securities (Incl. Total 2,000 & Co. Ltd.—— Timmins & Co.—— Tanner 103. (E. I.) Refining <fe Richardson stock written without company, by publicly Offered par. Producing common 2,000 Ltd.- 15,000 Si Sons8,000 Si Co., Pitfield C. James 10,000 2.00o Ltd Burns 4,000 12,000 Spence & Ltd. W. & per Oversubscribed. Co. , 30,000 Greenbelt Consumer Services, Inc. 3,000 shares of class A stock (par $10). Purpose, for general corporate purposes. Price, Si Si p. 174, Corp. ——-t- — Co. Ltd.— Osier, Hammond Si Nanton The — Co. Price, $13 Mohr to public, company Mfg. Weir Ltd. Co. —V, Co.——— Young, McLeod, Inc.— & Co. & Matthews McMahon shares of common stock to $20.50 per share. Offered 2,100 200,000 shares of common stock (par share. Underwritten by Glore, Forgan Si Co.; A. C. Allyn and Company Inc.; Central Republic Co. (Inc.); Hayden, Stone Si Co.; Hornblower & Weeks; W. E. Hutton Si Co.; Bacon, Whipple & Co.; Courts & Co.; Fulton, Reid Si Co.; H. Hentz Si Co.; Reynolds & Co.; Stroud Si Company Inc.; Ames, Emerich Si Co., Inc.; Bosworth, Sullivan & Co., Inc.; Cruttenden Si Co.; Farwell, Chapman Si Co.; First of Michigan Corp.; Kalman Si Company, Inc.; Loewi Si Co.; Reinholdt Si Gardner; Scott, Horner Si Mason, Inc.; Sills, Fairman & Harris Inc.; Sterne, Agee & Leach; Barret, Fitch Si Co., Inc.; C. F. Cassell Si Co., Inc.; Rodman Si Linn, and Thornton, $5). refunding. for Co. Price, $19.37y2 Si Co. Reynolds 2,600,000 Opelika cumulative mon, Pharmacal (par $2.50). , Completed. (as dealer-manager). Inc. Norwich 41,869 & Greenshields VC Lighting Co. 20,000 shares of common stock Price, $14.50 per share. Offered by Blyth Si Ltd.— Corp. of Canada Co. Ltd — Dominick Gairdner Ltd. Mills, 2,000 2,000 5,000 4,000 5,000 15,000 8,000 — Murray Si Co. Ltd; Cochran, j'L'■::•.v par). (no Fire Insurance Co. 10,000 shares of $5 convertible preferred stock (par $15). Purpose, Price, $100 per share. Offered by company subscription by common stockholders without under¬ Globe 1,000,000 Co. Si 290,000 Long Island 6,000 shares of common Oversubscribed. Curtis. Si (S. S.) Co. 7,690 shares of common stock (par Price, $39 per share. Offered by Watling, Lerchen 299,910 Kresge stock (par $10). Purpose, for working capital. Price $20 per share. Offered by company for subscription by stock¬ holders residing in South Carolina only. No underwriting Dixie Holdings Ltd Carlile & McCarthy Bruce Securities Midland Gundy & Co. Ltd.— 38,000 Bbche & Co.———-—. 2,000 Wood, Manufacturing Co. 19,000 shares of common stock Price, $33 per share. Offered by Paine, Webber, 627,000 Joy 50,000 shares of convertible $10). Purpose, for expansion program Placed privately through Reynolds Si Co. Cumberland Motor Express Co. 50,000 shares of common stock (par $1). See under "Short-Term Bonds and Notes Inc. Finance Plan, preferred stock (par *$500,000 Budget CANADIAN UNDERWRITERS 28,750 Hugoton Production Co. 1,000 shares of common stock (par $1). Price, $28.75 per share. Offered by Blyth Si Co., Inc. Completed. < v/'■■ V' * 7) (Continued from page / t 103. & Co 715 715 Irving Lundborg & Co Ohio Company—; Shuman, Agnew & Co William R. Staats Co., Inc. Vietor, Co. Common, Dann 715 715 & ; Watling, Lerchen & Co— 715 715 Volume 174 Number 5033 , .The Commercial and Financial Chronicle . (365) Elastic Stop Nut Corp. of America—Earnings- -6 Months Ended May 31— 1951 Bales Profit before income for Provision 1,416,122 1,038,000 taxes 129,500 $210,754 458,453 - income $2,159,654 340,254 $378,122 taxes Federal General Electric Co. 1949 1950 $5,007,621 458,453 $0.46 h Period End. June 30— Sales 358,023 of products and services to custs._.__ 136,000 : costs, shares Earnings outstanding share——— per (^Unfilled orders with capital $4,392,016 of p. 1797.' i , . , $0.82 , $222,023. $631,407 of May 31, as 1951, $7,513,135,;' Non- Working Int. Endicott Johnson Corp. (& Subs.)- -vv Federal t give • J 173, p. '*• $75,544,282 $55.611,275_' 1,791,093 ' 3,500,900 to the normal base ^ inventory_^_»^lL_———1,718,001 ,•670,000 : *' .V "■ ;• • share $879,724 * The { 174, ; 25 —V. stock cents 174, The $20). (par 41,771 ,1,089,645 7S 91Q 32,000,000 142,000^000 40,586,601 70,325,616 77,444,992 $2.44 $1.23 $1.40 • Net ' .X . $34,000,000. i'\ •• • • • Int. w , Year sales Feb." Ended — Profit before Federal Net (& ! and excess ~ profits 1951... - . I ' y - * - 1,410,000 Earns, —V. Cr52,040 $1,229,099 — >lNet • income profit Earnings taxes 212,537 ————— *$107,185 share ~— "Net per $2,478,125 $4.13 1 — June Administration V It which will permit it to go forward with the ' Kans. f was City, The mobilization scales. program has ar\d Diesel ^locomotives, additional demands agencies. y;..:y " and to which, —V. t - /fe*":- plants pump St. at •' ■i ^ Corp.—Securities Sold to Private 95,630 187,007 outstdg. 1,030,464 412,186 1,030,464 share— 1,236,557 1,030,464 $3.54 1,030,464 $2.73 $5.19 $4.22 been Board President since 172, 1 $5,996,300 $14,740,500 $11,830,100 1,544,900 2,455,500 2,980,900 1,039,971 $1.24 $1.48 $2.36 Mr. panels, $2.83 expenses—— ——- — June 17,'50 $7,564,782 7,399,351 6,165,630 t $1,780,277 r_-—i * sales for the Wit/h 24 weeks $15,534,902 35.658 $1,434,810 taxes. ended.June for the 24 1,218,996; Earnings 559,*92 ^ 1951 l°OTn^i? Power'& the $1,745,371:'for the 16, 1951 weeks first ' % . acquired, certain .utility Madison company June' 24 X, ■ weeks of 1950*.—V. issued "94,500 shares of its common stock to' Florida Power & Light Co. in -payment for, the facilities; and the latter soli the shares privately a v.- group KpKidder.j 3,411,779 1,666,974 acted - per .common 587,178 common in for • the ■ - sale of the • • bonds ?. and $2.44 ' in Gillette Safety? Razor * Net 174, p. unrealized I 1950 , profits^'* per 'V >173, . x - - ' p. directors The i to rate $1.50 that mended on 25 share per the July increased the $8,278,804 * $7,349,011 $29.41 share.—____________$1.89 ♦After $1.66' 2089.';;VT regular The These search : ; The The which is the S9th consecutive quarterly payment stock, is payable Sept. 1 to stockholders of record common 15. 1 ; stockholders on on a proposal that the author- 3,000,000 shares presently issued 800,000 shares be split 3-for-l. The new quarterly dividend of $1.50 per share would amount to 50 cents per share on the new stock if the split-up is approved. that by the "fine chemicals" workers and available are Moffat company's to laboratories research may be obtained by writing St., Chicago 39, 111V. 174, p. 275. company Six Months Ended June 30— the 1 * Net earnings Federal (before income Federal taxes taxes)— months ended were $3,165,661, or $3.96 per share.—V. 173, p. Golden 860. The SEC at Gardner-Denver Co.—Earnings Higher— Six Months Ended June 30— Net profit Preferred after 1951 $1,435,292 $957,699 44,468 45,782 $1,390,824 $911,917 V $2.12 jn. $804,630 $143,919 $0.41 $11.67 $10.02 — per July 17 shares of filed on 14,841 share, a letter common without underwriting, bank loans.—V. 173, p. stock (par $10) to are with be to (B. F.) to 2127. p. Co.—Earnings— 656,334 — 594,035 6,492,642 4,686,975 share— reflect 3-for-l stock split 6,390,83: $1.30 outstanding , after *$1.3; April on 18, 1,507,40! 1951.—V. 173 . 1951 1950 $9,003,299 $6,932,834 442,369 598,903 221,000 taxes share per 227,584 $221,369 present on i after $371,31,9 > Robert half are S. Fisher, expected taxes number shares), reflecting l-for-2 $0.52 of stock President, to exceed capital shares states those . $0.88 outstanding 1951. * * (420,000 split In February, that for the "earnings Initial , • for six operations during this period were curtailed by flood profit margins suffered due to excessively high raw —V. 171, p. 1460. ^ 200. the second months, since conditions material and costs. - Idaho Consolidated Mines, Inc., Seattle, Wash.—Files— The corporation on July 13 filed a letter of notification with the SEC covering 100,000 shares of capital stock to be offered at 50 cents per shqre, without working capital. underwriting. : The proceeds . - * are to be used for "- Illinois Bell Telephone Co.—Earnings— construe), a new $5,000,000 plant on a 175-acre tract In Calvert Period End. May 31— City, Ky., it was announced on July 25 1951—Month—1950 1951—5 Mos.—1950 "t * * by W. s. Richardson, President. ' $ $ *: V $ Three buildings to house manufacturing operations, service and ; Operating .revenues 23,117,673 21,364,963 115,852,352 103,382,882 maintenance .facilities, .power Uncollectible plant and oper. rev. ; offices, will be underway 60,159 67,550 322,522 336,797 shortly, after final Defense Production Authority approval to construct the plant is granted, he said. : 23,057,514 Operating revenues 21,297,4.13 115,529,830 103,046,085 ■ v ,The new plant is expected to be in operation late in 17,032,976 15,617,935 1952 qr early J Operating expenses 82,389,469 75,607,053 in 1953.—V. 174, p. 188. Operating taxes 3,739,852 3,222,450 W20,076,650 15,757,972 B, F. Chemical Co. will ' " $1.39 $0.6: 172, the used Goodrich Co.—Unit to Bifild Plant— 6oodrich Earned ♦Earned offered be 450,09 $1.70 —_ 1793. ♦Based notification of (pie proceeds $345,23 450,000 - 1951—Month—1950 1 951—12 Mos.—1950 $3,504,258 $2,954,450 $38,842,228 $31,992,34! * interest sales ♦Adjusted p. April 1/51 April 2,'& •'X;;;;;. share_ preferred dividend requirements.—V. per" common • 88,208 ; $1.2. . Hubinger Co.—Semi-Annual Report— $232,127 1950 for Federal taxes—_— Net profit for common stock. ____!—. Net profit per common share (656,049 outstdg.) —v. 173, p. 2089. .•; ■" corporation to repay — prov. dividends ' ; 1950 Cycle Corp., Colorado Springs, Colo.—Files— covering $20 #665,77! 541,12' Subs.)—Earnings— Income before -Federal tax provision Provision for Federal taxes .—I $1.17 . $1,303,051 637,271 1- Earned $988,542 612,896 — • MONTHS f*' — outstanding common shares W. June 30, net earnings after all charges amounted to $3,008,226, or $3.76 per share. In the first half of 1950 " net earnings 5161 $375,646 (est.) Net earnings (after taxes) 'Net earnings of -the quarter ended June 30 after all charges, Includ¬ depletion and Federal income taxes, amounted to V; Earnings per common share Book value per common share $1,713,137, or $2.14 per share of common stock.- In the second quar- ' —v. 173, p. 1988. ter of 1950 net earnings were $1,659,334, or $2.08 per share. six at 1951 income ; the per Earnings Products ♦ Globe-Wernicke Co.—Earnings Higher— v THREE 1951 Six Months Ended June 30— sales 1 ing depreciation, For Soya sold the quarterly accounts fo determinable.—V. 172, p. 248C profit after 'and taxes J__ physicians, the FOR 31, —. Common chemists, re-i doing either laboratory or bulletin Rum- was •' the taxes income' taxes Net -v ized common stock be increased from 850,000 shares to and 24 the '•! • Subs.)—Earnings— ACCOUNT MARCH Net ; July 17 will vote July clinical work. $1.50 dividend, the Aug. Gross • . Chairman of the Board, announced. on announced • highest in with earnings per common share more thai of 1950, John P. Remensnyder, Presi¬ July 18.—V. 134, p. 5.._* * - - on •Houston Lighting & Power Division. quarterly dividend the former rate of $1.25 and recomstock be split 3-for-l, John Hay Whitney, hormones, Including Memphis plant 1951 "were of Rumford the" like period ENDED shares *Earnings $26.11 ,"Fine Chemical Products Derived from Soybeans" is the title of a1 bulletin describing new cortico-steroids, cortisone and male and female ' sex from common months Period End. June 30— Freeport Sulphur Co.—Increases Quarterly Dividend—1 v six $0.5fl former •/. * • 1,177,728 5. Plans Stock Split—Earnings Higher— the • HollIngswoPth & Whitney Co. (& (The) Glidden Co;, Cleveland, Ohio—Issues Bulletin—* , 1950 and .Quarter Ended— 1 " » 1 Net Income-after Federal and Canadian taxes 6,136,235 preference share_J_-^____ common 3Q, Division . ^ - ' 441V168". - - corporation's — . $0.60 provision has been made in profits tax, whlch is not presently Common 1— the Rumford NOTE—No excess 546,279 ^ -- 'toreign- earnings- iLL. income ' ; per Florida Power & Light Co.—Sale of Properties— above.—V. 1949 Net - ' 9,305,566 Earned Power .Corp. 1950 .. taxes Provision.vftgainst Earned iSea Florida 1478. — ;, " our The proceeds p. Income Common shares outstanding—.^—s— Earnings per common share 1951 excess / income Provision 'for &uhs.)- Foreign and domestic income and- The June on £" 1 .... Profit before $0.41 Proftt^frpttir operations.$18,616,655 $15,209,253 Pepreciatlbn 1. ' : 591,117 ' : 1951 ■ 'company's history t 587,178 $5.48 shared <6 Months Ended June 30^- V both companies shares.—V. -174, p.- 4. • r. • • agents as greatest in Offered—Reynolds & V,; . $1.26 CONSOLIDATED'INCOME T 474,758 587,178 — share ' . * of investors. Peabbdy & Go. and Merrill -Lynch, Pierce, vFenner fc Beane '■ V , Holeproof Hosiery Co. (& General.:Tire & Rubber Co.—Earnings— ; "J' • / - outstandlng_^_x.„—. . to * Divisions. dent, announced : 1951. c-v ' U950 fi ,M°nths Ended May 31— ' ; 1951 io<;n ... . 1Q4(y sales .1™ Net ^les '$89,485,711 #45 963 253 #45 161 156 Earnings tiguous to the company's, present, system and the change in ownership management resulted from the key fact that Florida Power Corp., -', completion- of. its, new/transmission line through 4h'is territory, \ will be in a better position to provide adequate, dependable, power, to y the-. area's -future growth and expansion. The. Florida Power Corp. " Stock — include isal6s-from double those 173', T Net with the M: the Corp.—Earnings— NOTE—Sales;in the first and ..... backlog Is July 25 offered 4,760 shares of on not Memphis Co., was sold Sept. 30, 4950. on ibRft O 17 . . "Our common ford $875,618 were" $18,631,793 ended *" » Profit '.after MncomeV taxesr_. # Common shares. Light Co.;-located in Jefferson, said: . per i*Does - the with 2496. p. -, 93 • ,6 Mos. Ended June 30— $1,399,152 * $614,420 Net compared - of —*$15,767,048 $13,339,489 $13,347,124 Profit after income ,taxes__^__,i._ 1,481,404 934,313 878,672 Common capital shares outstding. 1,066,005 1,291,011 1,291^010 and in M. < (par $10) at $21 per share. selling stockholder.-—V. 173, to go to a - is $24,000,000 Fred - panels. further • , aad by manufacturer , .—v In¬ estimated at approximately * $21,000,000 in 1951 1952., This construction 'program .is'4he",i result•;* ©t the :sharp increasein the .development'of the'territory and the increasing .demand for electric powet. .i.: ^ which program construction 19 the Net'sales 53,139 . panel July leading a an j YThe proceeds will be used by the company; toward its "construction ? ? $0.12 new- on is '' construction, of 7 Hey den Chemical $1,833,416 . revolutionary announced company -Hercules Cement Corp. are $9,179,628 a was Co., Philadelphia, Pa., Subs.)—EarningsJune 16,51 Korweld, Hauserman history." 1,039,971 Net "."income before income taxes.—— P;ov. for Federal and Canadian income pur^eS8'dUe JUly l,1981' t0 3 gr0UP ^ :I 1,055,700 $0.19 partitions are three inches thick. extremely durable non-metallic material, are three-sixteenths of an inch thick. They are plastic welded to a honeycomb of impregnated paper, with a process developed by the Cycleweld Division of the Chrysler Corp.. Steel will be used for posts, base, cornice, lay-in wiring facilities^ accessories^ supplied with the Korweld 1951—6 Mos.—1950 - of partitions, Korweld Facing v and 1950 $130,837 share—: common capital stock costs 1951 $200,718 1,055,700 . — 1928. movable With of 1,039,971 com. share 191,259 824,371 - Hauserman, President. The movable; partitions.!. » vestors—This "corporation, rtf was 'announced on July 24, has completed a private sale Of $14,000,000 Of first mort- .•I-.- • Other ' income 'Inet pf * expense)_ 'ftr Power the .operating' income——— Net 93,503 618,279 535,587 $4,544,572 . (E. F.) Hauserman Co., Cleveland, Ohio—New Devel¬ ; 3;;:., Operating '■■■■■* 0/',: J/, , Florida has of 1,039,971 ... $5,539,537 812,885 opment— Net-.sales Louis, ^Including, machinery and equipment, ■ the cost of the new Kansas" City plant is placed a/t $7,500,000. 1 "» -*• '' / S [ { iAt .June r 30,. 1951. the-company'a unfilled orders were in excess of $50,000,000.—-V. 171, p. 2303 < • "i it: p. Nil \2 Weeks Ended.—-, ( ' 1,293,200 -General Time Corp. (& The new Kansas City plant will have approximately 500,000 feet of floor space. In addition to tooling for machining ,and assembly,, it will include a foundry, and the latter will; serve not only Kansas City^' Fairbanks-Morse $0.53 Nil 1951—3 Mos.—1950 — 565. 675,136 Hastings, (Mich.) Manufacturing Co.-Earnings— per 486,858 Directors, and Chicago has been elected President.—V. 172, p. 2023. —L 173. D. . / .( requirement -but -also the Mo., .and Stuttgart, Ark. 486,858 who capital shares out¬ standing Earnings per place that plant in position to handle be placed upon it by Government "' Chicago, $8,017,400 profit 1,067,350 1,538,865 $2,912,605 $3,745,394 173/ p. 1793. —V. 1949 608,573 1931, has been elected Chairman Com. may tvi-V; v'.'. .-vl-v-y'I '~1 of sales Net pany to relieve the Beloit, Wis. plant of the production lines for the manufacture of pumps ar.d small engines in order to make possible an increase there in the production of larger Sizes of Diesel engines • 968,166 654,520 709,201 504,631 *$187,840 860. .Period End. June 30— Net it necessary for the com¬ made $6, 870,810 9,600 1,331,781626,804 paid—:'— shares per com. Earnings 1950 $258,810 General Portland Cement Co. —Earnings— plant be built In Kansas City to of the line of- Fairbanks-Morse originally intended that a possible increased production make 1951 shares—'—,'C p. Robbins Burr L. Robbins of The company has received a certificate of necessity from the Defense plant at Kansas W. 9,600 outstanding— QUARTER ! General Outdoor Advertising Co., Inc.—New President $1.14 To Build New Plant— Production 173, $8,830,488 4,800 Quarter Ended March 31— income Common shares for $683,270 .Burnett new common loss.—V. FIRST *$36,550 capital-shares outstanding Earnings 216,412 310,000 »;.♦ $4,785,757 " ' paid—— Development —————— per 35,992,838 3,078,000 debentures—_____ on Federal FOR Net Common $2,882,182 1951—6 Mos.—1950 Net Quarter Ended May 31— profit after taxes 1950 50,579,345 Cpst of sales, selling and other expenses——— Interest 1951 $56,348,007 $37,202,520 — (est.) * Common divs. Common 1950. . — $2.88 952,269 ,. $25,850,231 $13,634,582 *159,225 taxes—'—— CONSOLIDATED EARNINGS -i 1,000,000 $2.43 4,800 ( • ■.■/'' (& Subs.) -Earnings— 1,250,000 1,000,000 Mos.- -1950 $6,661,048 debt- Minority interest income-taxes^-W^——2,639,099 income 1,250,000 $2.58 - depletion,- and amortization Fed. income taxes personnel Subs.)—Earnings— ~ 28— —— income . . Six Months Ended June 30— long-term Net profit Preferred divs. — so *Lo?s. Net. sales on Deprec., * Fiscal 1,250,000 1,000,000 — — 1951—3 lowing deductions _i_ .... ' . —- . General Appliance Corp., Springfield, Mass.- -Files- , _ „ __ • 'A letter 35,000 of notification was filed as'broker the SEC on July 18 covering stock (par 10 cents) to be offered at share through E. L. Aaron & Co., New York, who will shares cents per with of Tb« common rtet precedes are to eo . to George Kleiman tfho is the selling stockholder.—V. 173, p. 2610. 50 act President —— *Gulf Oil Corp.—New Unit Being Built— See Worthington Pump & Machinery Corp. below.—V. 173, p. 2189. Net oper. Net —V. after income— 2,284,686 2,457,028 13,063,711 11,681,060 charges— 1,834,910 2,028,307 10,755,152 9,580,812 174, p. 188. • 234,083 ' $2,426,630 (& Subs.)-Earnings— Period End. Juqe 30— Net Income before -fol¬ ■ July 26 announced that 93 of its key General Instrument Corp. , Net 158,700 . $2,580,212 ——III—II __ — on •I: Fairbanks, Morse & Co. 144,212 income (M. A.) Hanna Co. sold common dividend and the preferred 102,375 2,265,000 186,103 interest _ completed the purchase of 46,153 shares of its common stock from family trusts of the"late "Owen L. Coon. A year ago the company 50,000 shares to certain of its employees.—V. 174, p. 188. » / ; 250,000 93,187 1,855,000 . , on 123,594 $5,733,640 I 100,000 97~187 2,120,000 40,000 outstandings Earnings per share— —W. 173, p.-381. ' • ■ ... y etc.- taxes— Dividends paid Capital shares profits excess months, V - ?.*' $4,819,620 111,100 $2.68 issued— ' " . _____ income Minority 2,143,174 of corporation 1949 $5,610,046 Excess profits taxes—_ Other deductions 59,500,000 • per p. 139,088,166 35,329,221 shr. 275. p. 1 , ■V The far this year already has paid 35 cents .on the May 2 and 25 cents on Feb. 1. In 1950, payments share were made on May 14, Aug. 1 and Nov. 1. 187. '-"v..- company common of stock preferred 1 to holders of record July 20; 1951, 1 to holders of record Sept. 17. 212,400,835 73,676,246 General Finance Corp.—Employees Buy Stock— y > Oct. on 6,643,912 .. : $870,626 Iff]Uc! the on is-payable-Aug. 6,977,407 70,000,000 .... ——r—rr, -—:— ; ____* _________ 1791. Prov. for plant rehabilitation, following, amounts "were'included as provision for 1951:,Second quarter, $17,000,000; first six in -V. — Federal - finan¬ per 1950 $4,708,520 $4,981,611 — 132,444,254 "J *v,The directors on July 10 declared the regular quarterly-dividends of 35 cents per-share on the common stock;(par $1) and of 25 cents dividend 105,370,992 H com.y stock tax / 250,467 ;* income 205,423,428 3,253,072 earnings, ii '■The Total : 979,311,976 748,605,988 - 70,423,174 4,216,892 *, inc.^r-r on earns, have per 101,154,100 -~--L other taxes .Net , deductiorisl—6,097,725 . Eversharp,. Inc.—Declares Regular Dividends—./• .. opers.—_ income 1951 $4,795,250 186,361 - depreciation. —— Interest fr. and Net effect of .Net-earnings '••V ~-V. i'. June 3.'50 " June 2,'51 income jtaxes-r__ Provision-to I -stock method "'i ■'<,'* "• ■Earnings— ' ... Net sales Profit; before? following '■> •" 513,892,694 392,177,457 cial; charges .6 Months Ended—; after income 615,046,794 462,600,631 1,184,735,404 881,050,242 •. i — operating income Total 173, . ... charges Income $0.48 reported.—V. also was other *Fed. j- Other 458,453 May 31, this year,• amounted rto the same date-the preceding year of as compared .-J Operating profit $ . • and exps. $ . ________ (W. F.) Hall Printing Co. (& Subs.) -Earnings— Fiscal Year Ended March 31— 1951—6 Mos.—1950 . $ . profit Capital i Subs.)—Earnings— $ Oper. '..•'Net s (& .1951—3 Mos.—1950 $2,202,038 9 10 The Commercial and Financial Chronicle (366) . Monday, July 30, 1951 .. -j4- Long Island Lighting Co.—Income Illinois Power Co.—Earnings— T./\ ;///;/;; :/i //■ >.12 Months Ended June 30— Operating revenues ! Operating -Net operating Diys. received $48,800,795 38,176,820 and taxes-—- revenues ---— „—— $9,166,401 75,000 33,240,415 75,000 Co Kewanee Pub. Serv. from Interest, etc., — $8,075,532 825,000 applicable to common stock— •Earnings per share of common stock—„ Net income ---> .——.—— (requirement) dividend Balance ■were 174, Illinois Zinc Co. Bales — Cost of Administration contingent Net general credits income before Federal Net for Federal Provision Net; .income; — Shares outstanding p. 173, taxes 190,800 136,402 $946,608 Net income- $953,878 on income on ' Cost 25,594,033 $5,998,642 depletion——— and 1,220,881' ; v ! 114,250 T —_ Amortization in respect of investment in Dalton Co. Ore ————— Provision and Normal Excess Federal for /; 30,496,182 taxes — income— on surtax-— profits / — Net income income —— 4 NET months three First Second Total ►—V, in period-period income Int. $1,294,375 1,625,338 $2,919,713 Net 1,527,326 10,149,112 —— Net learnings ' Dividends iidl 6,300,043 6,172,136 2,371,809 1,882,813 3,928,234 4,289,323" 526,956 1,096,869 1,055,036 133,104 State and per 130,641 262,228 256,295 819,123 4,844,609 sale 1,532,212 series due 2Vh% series due series surplus share per 22,902 stock, on $1,333,007 $3,112,433 inc. profits —V. 173, & $1.32 $1.15 $2.77 $2.05 share. shares common outstanding, now after provision for tCom. pre¬ stk. Net Cost sales of and selling and admin, Profit 14,490,866 11,274,012 interest and income taxes—.™ —V. income $505,550 taxes- tProfit per share--. common, tTHe ' equities The $278,331 we v $0.45 of $1.01. :. . ended during the July of 1950 period, Lawrence Kroger 1951, stores was 2,022 in is decrease of 5%.—V. a Portland 174, p. Cement Co.—Control 2,128 paid and tax the by the trust the following the seller. & 189. The to company terms funds purchase and said have been shares. This made offer available is of or §tock will be purchased on a first-come, first-accepted basis and th<* offer will expire at 3 p.m. (EDT) on Aug. 6, 1951. However the purchasers reserve the right to extend the final deposit date by not more than ten days by giving notice thereof to the agent." The undersigned will, within five bank business days following Aug. 6, 1951, or after the final extended deposit date, if the payment of tendered and purchase accepted price to the depositors for any, the for at defined a shares and It 000 in for as above provided the shares theretofore tendered up to a, total of 75,000 shares. If less than 75 000 shares shall have been deposited, the purchasers reserve the right to >accept arid pay for such lesser number of shares or to declare the offer non-operative. : dealers and will pay brokers for a commission stock deposited of 50 by cents them per and share the NASD. this ,To-accept forward stock ■: to purchased '/.// There The on i95&—V V - 173" J,,:;....: I 4,000,000 j $100)20.099 shs. 20,099 shq 39,901 shs. value) 750,000 shs. 750,000 sha forth in the mortgage securing such bonds, as set authorized preferred stock was increased to name of amounts of the stock to 900,000 common each underwriter principal bonds new shares. and underwritten the set are below: Corporation— $1,334,000 1,333,000 : l,333,C0O ... 190. Damage— floods recently experienced in Missouri and Kansas, Missouri River and its tributaries, will cost this than $2,000,000, D. V. Fraser, President, stated on the Katy to property "and amount will to than more it is conservatively estimated that in revenue because of lost traffic. The out of ' expense service p.; 105. , based and on federal taxes be may 1951 increased. is expected its Lehman Bros, on The regular to be are and may payable draw annually down the only if at money 30, 1953. Sinking fund payments begin¬ intended to retire one-half of the issue by April are which program, includes used for the company's current construction of a phosphorus Springs, Idaho, a plastics plant at Cincinnati and in¬ Texas City, Tex., for the production of acrylonitrille, at expected to head be be held 460,050 cos income 670,444 — Net applicable to minority interests deductions for taxes income — „— shares per 126,750/ 4,868,189 share— Sales of the consolidated companies for the 798,826 9,855,721 12,336,696 4,435,919/ $2.55 ——— "Including $5,042,000 for excess profits tax were ,12,695,702 ——_ outstanding common 59,615 1,068,542 "21,580,992 —— income Earnings - 312.950 — Net Common in $2.52 1951. second quarter income for the three months ended $6;482,000, or $1.30 per common share.—V, 174, $71,806,000./Net amounted to of 1951 June p. 7. 30 , ; , - Utilities.Co.—Common Stock Offered July 26 offered holders of its common rights to subscribe to 162,838 shares of common stock ($5 par value) at $17 per share on a basis of oneshare for. each eight shares held of record July 24, 1951. —The company on stock • these-and other matters.—V. 173, p. 861. .; associated — Montana-Dakota 2,445,000'shares of common stock outstanding. has called a special meeting of stockholders to w subsids. and income Provision be beginning of the year. ; / • •/; / offer the second preferred stock to as the necessary approvals and from 141,139,194 103,688,328 Cost of gooOs sold 91,672,757 69,693,715 Selling, administrative and research expenses— 13,994,451/10,943,755 Other are 1950 936,114 Total the to 1951 139,743,030 102,704,934 Other : ' expenditures, Sept. 10, 1951, to act upon years raised by the loan will be funds Dividends ! available than $20,000,000 i'emains which more through 30 company Net sales income that the on cumulative the CONSOLIDATED INCOME ACCOUNT offering of the new preferred stock.;/.;//;/;;.;;./:///;;/ new financing, which will add about $25,000,- the dates after is issue said. agreements, Six Months Ended June 30— ' , , „ Co. the was the v? ) / Subscription rights will expire at 3 p.m., (EDT) oil Aug. ~ 1851-r—Mcnth-^-1950■ ■' '1951-—5 Mos.——1950 23Q rtf" P. nWJ ,T •»!.:-A— $13,326,443 $ll,588j670 $65,3»3t9621-$55,918,23&' ;8r 1951 Blyth • & /Go.y ;Inc,-and Merrill Pierce,. 4i;251 60,206 ' 217,284 Uhcollectible oper; rev./. '/ ;; -13,619 — Fenner* & ©Cane ^PitMly jJieadrian ^underwriting group -Period-End. May; 31—-: ' 1 llr 1 . ^ Operating taxes •. Net.oper Net: after. v ^-V. 174, ;' —— .Operating: revenues. ;es Operating expenses • . . and company year. although these ; . & operating revenues — August the for «Michigan Bell Telephone Co.—I&rnings— 'Net' profit -1-—--—^-^---— -$H,298,070 $16,063,850 $!U05*831 COmraqn jeapitaV•shire# outstanding i. 5,10(2 ' "2,562,408; 42^54s691 j^raings- per^iwndn-^arei-.^-^. •$2.20, *$2.94 •si.78 1981 (par new synthetic fiber to be produced by Chemstrand Corporation, an affiliate, from natural gas. Chemstrand is now building plants for the manufacture of acrilan, the new fiber, at Decatur, Ala., and of nylon at Pensacola, Fla.- . iLibbey-Owens-Ford Glass Co.—Earnings^- Jh are board ] 2,000,000 | 3,000,000 a More the I I 1980 Fraser stated, on it stallations along with investments in larger invenaccounts receivable, together have increased almost $6,000,- and 1) 1) (Aug. | 1978 1979 detouring trains during the period our lines were an additional cost factor," Mr. Fraser added;—V. 174, The offering; and underwriting arrangements' can be completed. 6 cMonths Ended June 30— " 1951 "1950 1949 ~ Total mfg. apd other .Income'-—™ $38,163,101 $32,131,962-^23 079-615 /Profit befbre income' taxes_2--/ir- 130;.756;961 "25,678,260 16 729*713 "•t.pfw. tor Federal-Income taxes--— 19,458,291 ' 10,614,410 $23,882 ^Adlusted' to ^reflect 2-for-1^6tockHSplitf last of the first half of expenditures since / 2,386,000 1,722,000 year. The company is making plans to the common stockholders as soon : ■'*'» a 000 of $27.50 net per share, stockholders must certificates in negotiable form for all or any part of ^•p.^249|. effect, Sachs believed Outstanding I damage Mr. expansion about last capital, should be undertaken so that the company may sound position to meet production and sales levels which tories thqir shares they wish to sell, to The .County Trust Co., 235 Main St Plains, N. Y., or Bank of The. Manhattan Company, 4o Wall St.; * New York,' N. Y.-V. 173; p. 2497, ;; V/ * in weeks. expended. These large White . 1951 were to capital offer . more plant at Soda than $12,000,000 has already been spnt this year for new buildings and equipment to-provide urgently needed production and service facilities. In addition, there are presently authorized within the terms of this offer. Dealers or brokers rcognized for this purpose must be members of a National Securities Exchange or mem¬ bers of of period this year are for' report for anticipated. „ The, purchasers is same months underwriting of pay months subsidiaries the lor six now two Goldman make hereunder, accept first rates within period during which shares may be deposited as above total of 75,000 shares shall have been deposited the six domestic estimates financial ■it, within the undersigned will the The FINANCING maturity. $60,600,000, compared Preliminary estimate net income for the first half of 1951 is approximately $7,200,000, $2.86 a common share, compared with $3,966,000, or $1.52 a share to conditions: first the for $40,319,000 PRESENT ($8,589,000 have lost $1,500,000 ning & consolidated with subject along Interest corporation Sales . to TO Co Under of ance * 24. earned, . plans to request its stockholders to approve issu¬ approximately $25,000,000 of new convertible second preferred stock in the near future, according to George W. Merck, Chairman of the Board. The company also expects to ask approval for a threefor-one split of its present common stock, Mr. Merck said. Sought— EFFECT 1977— the total disastrous various applicable New York State transfer tax normally ; Sufficient 13c the end Co., Inc.—Plans Preferred Stock Financing and Common Stock Split— The County Trust Co., White Plains, N. Y„ as agent for customers, has offered to purchase 75,000 shares of Lawrence Portland Cement Co.,- $-10 par value common stock at the price per share of $27.50 net to the seller. The purchasers will pay the required Federal stock transfer $76,003 22c „ of Merck stores the in $66,000,000 of Deben¬ tures Privately—The company has arranged to borrow $66,000,000 from six institutional investors on an issue of 50-year 3%% income debentures, it was announced on July 26. 1950 $129,955 — computations of per share earnings are based on shares of Mengel common stock outstanding at the of the respective periods.—V. 172, p. 2025. during the four with sale and and wreas, Monsanto Chemical Co.—Places fellows: as NOTE—All operation compared in were — share number v; 1951—28 Wks.—1950 $73,387,567 $65,489,177 $538,082,466 $446,818,106 14, • distribution rural Authorized (March table "Physical 1951 for anticipated excess profits tax. % equity in undistributed earnings of U. S.is not included in any of the foregoing figures. such earnings and the equivalent per Mengel Inc. 1951 1951—4 Wks.—1950 number average weeks share common 1951, Securities company 213,000 4,551,472 Plywoods, in 50% company's Mengel its and as 1) principal $500,000," Kroger Co.—Sales Continue to Gain— Sales 100.6899. (Aug. 174, pp. 276 and July 14,219 1,040,000 $605,580 State profit Earnings July 14— Corp.-at 1971—1 cumulative the in The 179,769 13,813 and well Missouri-Kansas-Texas RR.—Flood $325,781 , $1,659,393 charges;—! tNet Per Per. End. starting 100.929%, 8,219,626 cxps $1,519,657 139,696 "Provision lor Federal 2090. p. at 1) (without par April Drexel 1950 (net) before Interest $3.26 2,778,455 starting energy GIVING PURCHASERS—The $8,545,407 profit income as Equitable Securities Corporation 1951 $12,793,709 sales electric energy 61,000 shares and the total authorized Mengel Co. (& Wholly-Owned Subs.)—Earnings— Three Months Ended March 31— 6,656,437 8,628,555 prices (Sept. "Not limited except Union excess taxes com¬ Pierce, Fenner & Beane. Bids for the bonds as Inc., at 101.679; Kidder, Lynch, — respective Mengel's •Incl, prices preferred Undesignated pfd, $2,406,916 forth 10,100,687 3,444,250 $3.98 redemption The First Boston electric (April 1) series due tPfd. 1700. p. 6,462,781 $1.97 "Merrill (April l) series due 3%% inc. stock outstanding: 4J/4% first preferred shares ($100 par), shares; 4% convertible second preferred shares ($50 par), shares; common shares (110 par), 1,068,718 shares.—V. 173, 62,973 88,493,577 71,930,109 $1.99 due 2%% "Including $245,000 in Balance, Earnings group appliances. of due dividends. Other 12,593,038. 4,741,904 regular redemption and of of series 3% $1,495,636 com. Operating 7,851,134 . publicly. cases. communities 137 2%% 2,376,938 Jong- on purchase in wholesale CAPITALIZATION tin 1951—6 Mos.—1950 48,974,526 120,331,613 39,087,898 90,321,815 3,714,492 17,416,760 46,228,414 101.43: at 3'/8% Capital (& Subs.)—Earnings— 62,677,569 taxes—_ ineluded; at First mortgage bonds— 31,998,321 : and at especially excl. them reoffer may 100.059 -on-a J3%% coupon: received from Hateey? Stuart &-Co. retail the $52,548,658 $39,625,718 40,331,113 2,901,406 exps._ earnings ferred shareholders than any other open end investment fund and is largest balanced fund in the world, with current assets in excess of $264,000,000.—V. 173, p. 2610. income who with the be issued each) to ' redeemable 4.60% more Expenses, •Taxes, Neb., to $1,000 of requirements to 6 rural co¬ operative associations.- Territory served has an estimated population, of 300,000. The company also sells and cooperates with dealers in - June 11/50 555,041 exps. Federal the Total bonds denominations (in • are bidders were sale 16,047,123 1,169,731 20,299,352 debt "Based 1951—3 Mos,—1950 to interest, to yield 3.45%. The group won award at competitive sale July 23 on a bid of Peabody & Co. at June 17/51 $26,335,736 $20,026,581 admin. and term Inc.—Large Shareholder Growth— Period End. June 30— notification letter of 4'&% a mortgage offered who 24 Weeks Ended June 11, 50 17/51 sold— products Depreciation largest Johns-ManviHe Corp. Other , , 2,325,277 $1.50 of Selling & mutual fund affiliate managed by In¬ vestors Diversified Services, Inc., added nearly as many shareholders during the past 12 months ended June 30 as it did during the first four years of its existence, it was announced on July 21. As of July 1, the Fund has 107,000 shareholders, 22,000 more than last year at this time and only slightly less than the 23,500 on its rolls in 1944, after four years of operation. The Fund now has corporation, —- Income Total •Earns, Investors Mutual, and used to retire loans. 103"%%, and at special decreasing to 100% in both , 172, -p. 477. This filed Omaha, at 303,894 $26,252,626 $19,970,752 $52,271,136 $39,514,888 83,110 55,829 277,522 110,830 sales Net Other — $2,646,816 — — borrowings 276. p. San Antonio, Tex.—Files— Co., lo first unit to be - bonds The $0.92 $0.50 1,840,600/ $1,082,079 1,564,737 — in months three 174, transportation .integration comes corporation that its engineering example -of 12 Weeks Ended 107,613 $1.36 oank short-term of issue the eration BY QUARTERS INCOME of per Co., proceeds are of > (The) Mead Corp. (& Subs.)—Earnings— $2,919,713 shares) (1,952,008 share per 102% at accrued Trucks, Inc.—To Create New Railcar— June $2,646,816 — com¬ prising Union Securities Corp., Equitable Securities Corp. and Drexel & Co., on July 25 offered $4*000,000 of first mortgage bonds 3%%. series due 1981, at 100.929%, plus $126,425 $149,236 —:— July on $90,000 Wachob-Bender The 29,856 151,947 - share)—. (per common dramatic Cost Net period-—— for on 1,130,716 591,000 tax__——— sold and $308,228 29,856 151,947 , ■ 2,945,150 of with the#.*/ PROCEEDS—Proceeds of the offering will be used by the-company announcement from this talent is to finance improvements, extensions and additions to its utility plant or for the discharge of obligations incurred for such purposes. working closely with the New York, New- Haven and Hartford RR, in The company's • total construction- expenditures for the years. 1961, producing .new developments, in transportation. This includes the 1952 and 1953 are estimated at $16",500,000, to be expended for gen¬ building of a single-unit, light-weight Diesel 45-passenger, railcar,.. // erating facilities, The power plant of the new ,unit consists of Mack's own 220-h.p, transmission line and- substation ..-additions, dis¬ tribution system additions, and miscellaneous additions. six-cylinder supercharged Diesel engine, coupled directly to a 300-volt direct current generator.—V. 174, p. 276. BUSlNESS-^-Company, incorporated in 1924, is engaged in the gen- $38,014,279 $31,592,675 —// $7,518,097 —- Depreciation taxes $331,039 dividends Mack ■ 1950 1951 .. .——— goods sold and other expenses-:.——_ of .Total income corporation covering 3%s A Interlake, Inc.) . —— of $4,000,000 construction expenditures,—V. for Mississippi Power Co.—Bonds Offered—A $0.99 Paid on common (per share)-———$0.50" Common shares outstanding (net):—'——— 303,894 —V. 173, p. 1890. ; $0.85 } payment Mid Texas Telephone The SEC June 30/51 Mar. 31/51 $768,039 $678,228 437,000 370,000 all expenses dividends Surplus 201.880 $2.47 company results value thereof. $14 per share, or $5,012,000. of the financing are to be used by Michigan Consolidated par the 100.085. 26,000 201,880 - , this of the 3,149,697 $172,598 — to proposes to issue and company treasury 3,- on estimated Federal Common $198,598 $499,878 —— — revenues sh. earnings Earned 454,000 / - ——— (And wholly owned subsidiary: and sales $1.17 Preferred 198 6 Months Ended June 30— Net $1.17 3,674,646 outstdg. $198,400 7,270 1890. // : $3,676,416 after deducting for Prov. Interlake Iron Corp.—Earnings— ; i 3,385,561 92,838 —— share——; per —V. 93,722 — taxes / Earnings 6,255,519 —————- (net) '$4,282,461 3,674,646 $0.28 $0.28 shs. com. stk. damages to $672,277 for repairs of Earnings $3,813,201 (Including expense reserve) operations— from profit Income , and $895,185 3,149,697 proposal subject Proceeds for MacAndrews & Forbes Co.—Earnings— _——... compensation $1,015,722 Quarter Ended— $7,486,649 — — 651,263 2,701,869 properties caused by extraordinary storm of November, 1950, resulting in reduction of net income, after income tax effect, of $389,921, or 11 cents per share,— V. 173, p. 2190. . V 1950 1951 sold™——---,—————— goods 910,533 3,298,366 financing clearance, sell $15,000,000 of first mortgage bonds, series due 1976 at competitive bidding, and 358,000 shares of addit:onal common stock to its parent, American Natural Gas Co. at $6,378,285 per 'After $2.59 (& Subs.)—Earnings- Nine Months Ended June 30— Belling expenses $7,580,827 shs. 674,646 6. p. $1,546,448 .. deductions—. Earns, on 1951.—V. The 14,457 $1,926,255 income— income Com. $6,628,039 2,560,000 shares of common stock of which 200,000 shares issued on Nov. 1, 1950 and 203,594 shares were issued on May 21, 'Based 20,224 SEC provide funds for construction and for reimbursement of the company's 505,567 . $7,601,051 4,397 Gas Co.—Financing Approved stock common received 25 petitive bidding for the bonds. the Gross Net ; $1,550,845 2,612 (Dr) and bond July on $6,392,742 $1,928,867 income Operating Income $7,250,532 $2.83 ! Preferred taxes— Oth. inc. (net loss) $7,133,606 «,!* —>—— $10,698,975 deductions-——.———— 2,623,443 Michigan Consolidated The 1951—12 Mos.—1950 $12,370,450 $11,098,922 $49,845,470 $43,490,518 10,441,583 9,548,077 42,244,419 37,097,776 revenues and exp $9,241,401 2,107,795 income Gross Operating Oper. $42,406,816 $10,623,975 — expenses „ Statement- 1951—3 Mos.—1950 Period End. June 30— 1950 1351 ,$13,312324 4i if547;4i9/$65,333,756 $55,700,955 i — ,-.f 9^623,886 . 9nlT*fW. -2,0lt,S88 '-1 8,795,376 (-45,899,;213 i; 1,861^)28 >!101394;038 42,215,946 6,688,955 which < has; agreed to' purchase all of "the unsubscribed * » "' " ' ' T ' " / > ' ■J J Number 5033 Volume 174 BUSINESS—Company on natural a North is public utility operating company carrying public utility business in Montana, a The Wyoming. The company produces, transmits and sells natural gas and electricity. It also does a limited manufactured gas (butane) and steam heat business and sells gas and electric appliances to its customers. South Dakota, and Dakota periods. first quarter the In in amount that paid were GIVING CAPITALIZATION April on price. No EFFECT July 1, 3% due series series 3Vn'% 3.10% Sept. due 1968 1, Nov. serial bonds i 3%% serial I, bonds, due April due June notes 1967 *2% Miscellaneous long-term $2,500,000 S. U. 3,237,561 . stock tive), ♦Due fAdditional bonds principal time, but is the common exclusive three of UNDERWRITERS—The respective 1956 1, 31, Dec. to the of names are which they not have severally agreed A. ■* ; ■ ■ issued of gain are Net ; England in The Illinois Kalman —V. by Electric life new million 1950 the subsidiaries Co., $200,000; in insurance is during and Mutual, force, "ordinary" its 107 by O. the dollar a with the Co. 31— r, of of of years & 174, (Inc.)_ New M. McCormick & 2.4 Co.— Co Other Net ry. $2,803,299 _ in months 5.5 Net 1.5 Northwest Co Piper, Stifel, Nicolaus & Co., Inc.— 2.4 Whiting, Weeks & Stubbs—1.5 Dean Witter & Co Woodard-Elwood Jaffray & Hopwood— 5.5 ♦After Co —V.. p. 173, 1950 1.951 1,644,301 $4.41 preferred dividends.—V. life oper. Operating $15,224,593 $33,600,112 $24,759,459 6,153,360 4,436,254 2,169,800 812,000 1,236,100 1,236,100 $1.79 $1.83 at $1.05 to stockholders common not exceed to this of $10 per has to been taxes all or after to accept tenders, any but accept may bunk announced that each tender will accepted Witter Adams M. Atwill and. among tenders 166, v specifying the J. Ellis C. & •/*;>3Mos. End. ■ C. S. $6,547,958 Net profit from- operations, •provisions for depreciation Provision for depreciation— excl. 'fi, Operating 5,719,378 Chemical & of be to are for notification of stock investment an and letter a common $1) (par banking for used to $7,262,020 A. f-370.068 Operating cper. the offered profit Other from income —V. $6,891,952 42,361 The & excess profits —V. 173, 173, • . .. • " 4,700,000 ' . National ■ • * . -, • Year Ended May ' Fabrics ♦Net 31— •After .; •i* ' ; The SEC 156,217 226,138 $2.52 on income.—V. 173, p. $2.16 it __ 1951 $9,935,036 $4,873,272 39,713,099 35,107,030 1,736,652 10,455,276 8,370,527 $1,487,163 - ' $1,744,602 $7,717,483 7,513,739 $8,263,850 8,137,884 1,463,105 — 1,726,250 •■• on share), The proceeds in S. Mack, Jr., President, announced has just acquired Nedick's Inc., quick moving lunch items.—V. 174, Products all sale a on July 23 that this chain of stores specializing 276. p. Pressure Cooker Co. 1951—3 Mos.—1950 Period End. Mar. 31- Total Net $8,512,475 sales 492.079 profit after taxes., Number New York City, per —V. p. 172, Olin 342.348 995,149 $13.644,15G 1,067,437 shares. 1,000,000 1,000,000 1,000,000 $0.34 $1.00 Olin Industries, L. director Inc., Spencer, of Olin of East Alton, 111. Vice-President and Director of Products even Co., after Olin is also said begins Subs.)- —Earnings— (& Year Ended June 30— Net sales •Cost of and sales other Sundry for operating expenses administrative and expenses Operating Other ;—___. and $ $ . number July 14, of Peters, profit % Irving stores in operation 1951.—V. 174, p. 276. decreased H. J. L. V. Fairman 33,555,356 1,343,592 470,441 Stein Bros. & income income and excess taxes— from 637 in 1950 to Inc & Harris. & of shares outstanding -Number Earnings per share_Ji__. ♦Including denreciation of leased equipment: 1951, at end of 59,601 period 3,056,374 , 3,056,874 —..$8.06 manufacturing plants $7,201,824; 1950, j—; and $7.19 amortization $6,168,805.—V. 173, p. of 1701. 0.19 0.19 . * —-—_ 0.92 0.83 0.65 2,691 , . 0.37 Wulff. ? 807 .6,190 • Hansen'•&' C6.— . J » - < 0.37 O.28o . . 0.4$.-! 0.37-, 1.077 L Weld Yantis & Co, Inc.— • 1,077 White, Zuckerman, Smith & Co— 0.28 * 0.65,;;' ; # 1,077 GtfqBwln Co— 0.92 807 ^Inc—; & 0.19/; 1,884 1,346 and < . 0.65 1,884 —- Corp Neuhaus & & 0.19 2,422 American Hoffman 0.46 0.92 1,884 —- -i & Reid s. 0.37' 538 Co., Inc Co Walston. f. 0.55 D.19 ; 2,691 - Cfo'. Wagenseller & Durst, Lie— 21,986,895 ' 0.37 ' ' 538 Co Staats 11,979,300 82,638 0.55 538 Inc Swiss 24,648,712 ____ 0.19 538 34,025,797 _____ — — 0.46 1,346 •— Wagner, profit 0.83 2.03 538 Blosser Underwood, ,*) 0.55"t> 1,615 Inc 34,065,900 profits taxes. 1.01^ 0.19 0.65 1,077 <5c Co.;'InC— Stroud 0.37; ; ' • , Co., & ,. 1.29" " < 1,077 Boyce Stephenson, Leydecker & Co Stone & Youngberg Straus 3,768 538 Showers R. 1.29 1,615 : . 0.46=' ■< 3,768 5,921, Co Simon 0.55" 2,691 Robert M. 1,615 1,346 1,615 Chrtstensen, Inc— ' 1.10*'.; 1,346 Co., & William 1.01* 1 2,422 - \ O.G5 538 Company v' 0.190.92 1.884 r____ Inc Horner & Mason, Inc Shields I. 0.28 . " 1,077 Sattley & Co., Sills, < 2,961 Company & & Starkweather 16,052 c _' Company & Rice Rona 612,691 196,993 ! Co. 538 ' 2,691 • Gardner 689,383 . • • Co & '0.74* .3,230 Hopwood Raffensperger, Hughes & Co., Inc Rauscher, Pierce &t Co., Inc Reinholdt 1.85' . 1,884 2,961 : Securities Jafiray 20,151,607 57,453,660 —— — > i Inc. Writer & Piper, 765,000 income k-. - Northwest 22,509,914 losses——_____——_ k- Inc— Pacific 423,985 expenses— — — Company of-California Peet & 0.37 \ 807 58,797,252 Net 1951—4 wits.—1950* 195!—28 Wk£—1^50 $26,652,114 $24,246,263 $194,040,680 $161,216,788 1,077 Pacific O. 0.46'/-a* 0.19'; 2,153 Mullaney, Wells & Co.__, Ohio Company Scott, 1950 321,952,862 239,556,592 240,603,310 184,531,504 revenues management bonus expense ® 1951 and other operating general Interest Federal 1438. Sales... at who i 5,384 - Co Co- Coast 1.29* . 538 ,l. 0.2$t 0.92 !" ' *1,346 ; * 0.65 ?r- :.3,768 The H. Sales, that the total industry output production with eight machines in the fall, will still fall far short of meeting the needs of the cello¬ phane market. He added that Olin production at its new plant will be a fractional part of '.he nation's total consumption.—V. 173, p. 2392. cellophane, • Pacific $1.07 Per. End. July 14— 625 1, 1,000,000 $0,49 National Tea Co.—July Sales— The Aug. Cellophane is being produced in a new mill on the plant site Ecusta Paper Corp. of Pisgah Forest. N. C., a subsidiary of the Other .; after ' -807 -2,691 : — 2.21 0.65 > 1,884- . ;- 0.19 6i460 Co & 1.29 »1,8S4- • & 2.21 538 Parsons & Co Shumaker, Milwaukee 0.37- ,;' 0.46 3,768 - Co McDonald The 0,19i* 1,077 Co McDonald-Moore .f . 1,346 Brothers Mason-Hagan, * 0.19 6,460 ' - McAndrew & Co. Inc . 0.37 i 0.37 538 — Co & Mason • ... 538 Langley & Co Lester used 1951—6 Mos.~1950 $6,334,880 $16,377,247 "share— capital Earnings be to are the 2.21 1,077 Co & 0.74 o'. 0.92, 2.21 1,077 ^ I Joyce & 0.37 6,460 '. Ripley & Co., Inc Jones & 0.92 , 6,460 Sulzberger & Co.—s___— & 0.55 2,691 . /t. 0.55 "' * 1,077 2,153 Co.___ W. par 0.37 0.74 2,691 Co., Inc... Cohn C. 0.19 1,615 Corp Lunt ;; 0.37 * 1,615 & ' 0.37 1,077 & Nongard Kidder & Co M. 1.10 -" ' 0.46; 538 Noyes, Graham, C. 0.65 * 0.65 1,077 2,153 Johnson & Co B. 0.65 1,077 _1 Kiser, Co., Inc., newly-formed company with responsibility distribution of Olin Cellophane, will be in its perma¬ and headquarters at 655 Madison Ave., announced on July 25. Selling, (& Subs.)—Earnings— t Ketcham was Provision National H. Robert / 7 Walter Sons & 0.46_ 1,884 1,884 —___ 0.55 3,230 Co Illinois Company-.: Kirkland & Grubbs John ..■ July 13 Hied a letter of notification with shares of common stock to be offered at Owens-Illinois Glass* Co. company R. 1 0.65 1,615 Inc Jenks, Corp., Casper, Wyo.—Filing With SEC-^ 50,000 1.10 0.28 1,884 1,346 Stone & 0.46 1,346 & The 7,259,605 0.19 ."'t 1,884 Cleveland & *>•* 0.19 *:'t 807 Co $11,805,232 $10,740,859 $57,-885,858 554.741,407 *8,245,862 0.65 .3,230 - Henry Herrman & Co Hickey. & Co., Inc._ Hill; Richards & Co , 0.46 538 Hemphill & Co Hentz 0.19 1,346 Co & Graves P. L. National Power & Light Co.—Acquires Nedick's Chain & * 538 J. (Inc.) 1951—Month—1950 1951—5 Mos.—1950 $11,819,462 $10,761,285 $57,944,335 $51,875,594. 14,230 19,426 58,47?,134,187. 1462. p. - . 0.19 ,538 ! * >« •*. 0.55 1,884 Co Co. 0.92 0.83 1,346 ; & Harper & Son & Co H. 2092. p. corporation James 1950 Co & Hemphill, — 2,072,207 income covering per of 1585. National Motor Bearing Co., Inc.—Sales Gain6 Months Ended June 30— Sales & trr a 0.55 538 & Co Harriman 346 0.83 f 1,615 ; Co Wm. $82,575 Olin Industries, Inc.—New Unit to Move— a 171, .... without underwriting. for working capital.—V. 171, p. 1184. 488,207 share.—^ per charges and Federal taxes $286,154 0.46 2,691 Co *. 0.37 wf. —. .1,615 du Pont & Co First Waldo rev- Inc— Co.__ Hayden, charges. 173, nent 226,138 ________ Co., & A. of —V. oper. oper. Olin 1950 & Cooley & Co., Hallowell, 2498. p, after —V. of 570,458 eh a res $16,419 1,077 1,346 2,422 Hamlin Dr4,831 28,316- ; Co & Hirsch r *• 1951 _____ capital Earnings • • $29,165,694 $23,340,038 profit Number 23,911 : Davis & Co Gordon * Corp.—Earnings— " 0.55 Johnston, Lemon & Co $1,488,471 ■ sales Net $2,234,313 '■ -•.. ^ Mallinson $1,567,031 3,483 $1,563,548 ,1,574,041 v; 1,361,430 266,222 419,543 284,845 $54,893 __— Net 1,123,000 $1,228,943 • $2,126,417 income Operating revenues Operating expenses Operating taxes ($1 1991. p. •• $325,175 Ohio Bell Telephone Co.—Earnings $2,611,471 *2,625,000 taxes $6,934,313 -* 1.47 1,615 Fridley & Hess Fulton, Reld & Co ^ Glore, Forgan & Co Goldman, Sachs & Co I Goodbody & Co, Granbery, Marache- & Co 26,367 $3,853,943 0.19 4,306 2,422 Edwards Fewel . $2,585,104 21,911. ■ profit • • -^$3,832,032 __ Prov. for Fed. $435,221 •329,062 51,266 — t.—. charges Olds Oil Total Net operations 712 $2,135,891 9,474 538 . . Hurry Co Bruce I. 1.10 «.'•?.. Inc.— Farwell, Chapman & Co 1951—5 Mos.—1950 1,894 taxes after 433,888 (net) G. Ferris 173, p. 2612. $325,887 rev— revenues- oper. Net Net Net ; 1.29 3,230 ; 0.19 0.37 3,768 • Co R. 0.19 538 Clement A. Evans & Co., Inc Fairman & Co ■ with headed by and develop¬ research 538 1,077 Simmons Collins Paul H. group working capital.—V. 0.19 - & & 1, 6.23 538 Co. ; 6.23 • - 18,162 Davies & Mejia Detmar & Co $3,018,992 185,025 18,162 Emanuel, Deetjen & Co— be Stock1:; % Republic Courts & Corp., Chicago, 111.— Exchange Commission— filed 17 ,1' 1 6.23 Co Slocumb George 4,629,308 $437,115 Operating expenses July 1,'50. ~ $4,017,057 & Brown Conrad, $5,568,494 1,091,846 • 6.23 and Co. Brooke Central $46,448,160 $1,283,204 1951—Month—1950 Subs.)— June 30,'51 • Unsubscribed 18,162 Byrd Brothers Campbell, McCarty & Co., Inc Cantor, Fitzgerald & Co., Inc 1951—5 Mos.—1950 5,972,740 proceeds instruments Uncollectible 6 Months Ended June 30,'51 & and & Byron 34,906,926 July on The Co. new Uncollectible Steel .Castings Co. .(& » Co Stockton Broom," & Co.—Earnings— 8,386,587 1,021,440 and unsubscribed Percentage of Bradford & Co Brooke ■, Operating revenues & such Corp— & Co., Inc. Becker & Co.. G. Brush, $1,179;407 Period End. May 31— National 'Malleable stock common and 18,162 Bcsworth, Sullivan $25.68 37,287,346 Operating revenues price, to those first received. same stock Co and Boettcher 9,746,931 $19.76 1,293,472 Period End. May 31— 857. p. outstanding selling stockholders' purchased by each, Battles Ohio Associated Telephone Co.—Earnings— its —V; unsubscribed portion of the stock being offered by the com¬ its Ball, Burge & Kraus Bateman, Eichler & Co any entirety, except that the last tender needed to round out the 365,008* shares- may be accepted in- part only. Ib also announced that preference will be given to tenders specifying the lowest price, of Arthurs, Lestrange & Co Fitzgerald rejected or the (b) common Brothers Allison-Williams 11,851,069 7,264,658 charges— corportion Net be and of holders Shares of Securities Blunt 1,516,533 . — covering 74,500 share $4 per share through ment of tenders. The In obligation no new financing will be used by the improvement or extension of facilities: Boatwright, Gulden & Co $9,841,334 $52,221,891 income- oper. Loewi tender extended Chase National Bank of the City of New York as agent for a group of prospective purchasers. The period in which tenders will be received by the bank expires at 3 p. m. (EDT) on Aug. 13, 1951.:.'-"■:•% :>■...■ The invitation specifies that if tenders aggregate at least 365,000 ebares of ithe 727,496i shares outstanding, the purchase: group will be/ bound to accept tenders for at least 365,000 shares; and may accept all or any part of any-f additional tenders made,'. Should tenders aggregate less than 365,000 shares, the purchase group shall under p.m. stock¬ the ' . Dean $9,860,957 $52,356,178 $46,562,928 19,623 134,287 114,768 Nuclear Instrument at corporation share such Bear; Stearns & by The be of Stock Lehman 105. 174, p. Files With Securities and prices addl-i presently Selling Francis 1700. invitation the to be .4 Union $10,498,242 7,802,302 revenues —V. 174, p. 8 1,236,100 share Net Net $1,298,825 outstanding stock Crowell, Weedon 2,110,825 .3,937,000 National Can Corp.—Group Seeks Tenders— stock are number a record one at 4 Stock- 10,530,456 8,416,651 1951—Month—1950 rev- Operating expenses The An of of expire shares from company $10,529,377 31,135 revenues SEC their group financing by ratio rights 1991. p. 1951—6 Mos.—1950 $3.01 Northwestern Bell Telephone 1949 $2,266,454 common The the is an operat'ng utility engaged prin¬ generating, distributing and selling electric Oregon and Washington. :, of shares to ' $10,937,843 6,602,795 7,576,599 2,021,587 1,669,398 share- com. Operating —$2,216,360 per from the new stockholders in remaining 291,464 by stockholders 250,000 initially common 1951—5 Mos.—1950 1,643,480 1,297,153 Period End. May 31— 4.5 Corp.—Earnings— — shares The construction, Butcher & Sherrerd 5.5 & accruals- _ per Operating profit before income taxes Prov. for Federal income taxes Earnings stock shares held. acquired States ti)e amount of repre¬ $13,025,188 $12,021,089 $78,474,082 $69,898,484 1,118,100 1,030,900 6,998,900 6,025,800 638,027 607,707 3,805,953 3,517,518 income oper. ♦Earns, Six Months Ended June 30— Common the additional million. than $3 billion largest 173, 1951—Month—1950 taxes tax ry. Pacific 1.5 profit the selling opera¬ Anderson, Julien Net for constitute common new UNDERWRITERS—The names of the principal underwriters of (p.) 291,464 shares of the company's common stock purchased from certain $2,305,938 $11,052,902 9.16,584 — income The Milwaukee Co.— 4.5 sales 1951. its the the half $16,098,159 $16,042,098 $81,596,013 $77,058,816 12,682,776 11,802,291 60.664,496 56,694,640 612,084 1,933,869 9,878,615 9,426,333 income S. Uncollectible Net to BUSINESS—The company cipally in the business of A. income U. 4.5 Mullins Manufacturing; 14, shares shares offering seven PROCEEDS—Proceeds York, Chicago & St. Louis RR.—Earnings— 2.4 Marks & Gross 276. p. each Bingham, Walter 7.5 5.5 Inc 250,000 is subscribe holders. 8. p. follows: as 2.4 Co Co., to Aug. on company $35.5 more third exclusively.—V. 1951—Month—1950 charges 174, 4.5 Corp shares, which for outstanding North¬ first Kelley six first gain total a America's now insurance income oper. 5.5 Co.— & share (EDT) for England Telephone & Telegraph Co.—Earnings— after —V. % Laurence Inc. Securities Hutton E. Co. & Republic Equitable W. Maiden more $171 over Operating taxes the and Kidder, Peabody & Co 11.5 Rollins Central used 541,464 rights E. Net : : Lynch, Pierce, Fenner Allyn & Co., Inc C. be 190. Operating revenues Operating expenses 1958. underwriters several purchase to 21.4 Beane Blair. to Co., Period End. June 30— Blyth & Co., Inc the company July 23 not amount Operating revenues $16,119,902 $16,066,968 $81,701,354 $77,176,465 Uncollectible oper. rev- ' 21,743 24,870 105,341 117,649 of the shares of common stock now offered subscribed for by the holders oi subscription warrants % & Of the 1951) percentages which Merrill 30, holders' provided Jan. from yeais share. subsidiaries Sept. principal aggregate corresponding period in the midyear report issued sales New New 241,577 shares reserved for issue in exchange for of Montana-Wyoming Gas Pipe Line Co. during stock eight ending any to Period End. May issued be may indenture, authorizing period pany insurance Dakotas Electric Cooperative, .n'vvV the in are $25,000; Co., has in 28% a issuing upon compliance with the pro¬ that not in excess of $40,000,000 amount of bonds of all series may be outstanding at any flncludes 236,755 shares of common stock recently issued, of one the of 99,115 shs. tl,465,536 shs. 2,500,000 shs. value) ■,,'.v visions than total The 480,777 quarterly March 25, June 25, Sept. 25, and Dec. 25, 1951-1984— arising from acquisition of properties of toe. NEES notes Light 174, p. according sented (cumula¬ 150,000 shs. $100 par value Common stock ($5 par the 117 tional the of company The • . 480,777 preferred order an (during to notes Electric 1951 tion, 2,500,000 3,237,561 Govt. 1951-1967 series ing thers; Union Securities Corp.; Bear, Stearns & Co.; and Dean Witter & Co. The stock was priced at $14.25 a President. obligations due ' 4.50% 3,000,000 1, — indirect obligations to market purposes. New England Mutual Life Insurance Co.—Record— The of Nov. cue the corporate 2438, p. Light Co.—Stock Offered—Offering common stock (no par) was made! a nationwide underwriting group compris¬ members and headed jointly by Lehman Bro¬ & July 26 by on , . fund than less general 170, approxi¬ energy 2,000,000 sinking proceeds $200,000.—V. 1, 1952-1971 3% % for at $100,000; Northern Berkshire Gas Co., $500,000; Qulncy Electric Light & Power Co., $200,000; Suburban Gas & Electric Co., $200,000; and Weymouth Light & Power Co., 1, bonds serial share per used offered be 11 of;541,464 shares of 3,000,000 1976— 1952-1971 4.50% issued 25 issue to promissory ampton 2,700.000 — April July on Gloucester Electric 1951- - due series 3.50% 1, be Involved.—V. be to the , England Electric System—Units Borrow— System The 4,000,000 1972 due Dec. $4 or to stock Pacific Power . notification. with construction, or for construction and costs of conversion to natural gas. The borrowings are as follows: Beverly Gas and Electric Co.; $100,000; 4,000,000 1970—,. share), are will letter "of exceeding $1,525,000. $7,485,000 1965 1, 16 filed a shares of capital proceeds SEC this their 1951. Outstanding Authorized tFirst mortgage bonds: 3% series due April 1, New of FINANCING PRESENT TO The underwriting The dividend on share, and quarterly and 1 July on covering 5,982 mately par ($25 per the quarterly 1951 increased to 22'/2 cents per the common stock was dividends of company SEC EARNINGS—Operating revenues for the year ended Dec. 31, 1950, totaled $14,524,129 as against $12,690,573 for 1949, and earnings per common share amounted to $1.55 as against $1.25 for the correspond¬ ing (367) Nekoosa-Edwards Paper Co.—Files With SEC— electric and gas The Commercial and Financial Chronicle . . . )• . 2.1%^. -r- 2,153' , 538 'J® 0.?4 0.19 ^ ] < 12 The Commercial and Financial Chronicle (368) EFFECT GIVING CAPITALIZATION PRESENT FINANCING CAPITALIZATION GIVING EFFECTS TO % FINANCING PRESENT TO American South Gold . Monday, July 30, 1951 ; . Platinum & Co. Subs.)—* (& ' "Serial notes 5% (3y2%) ) * Nov. authorization to as of $10 ped 2,000,000 shs. i .— at the shipmaturity at with final Common —V. 174, / 2,550,000 v 120,000 shs. % ^ ■' ■ June 30— Jlefc sales — —— Lliscellaneous income __ Privately—The Oost • . , 568,297 796,910 10,866 17,383 • •—_— < earnings 10,878,000 Jlumber shares of 5,044,000 4,892,390 $1.84 £*et earnings —V. 173, ortstanding share per 173, 1951—3 Mos.—1950 Gross profit and from 1951—6 Mos.—1950 (net) Depreciation Federal 1,472,750 $963,071 15,174 6,967 $970,038 120,615 442,686 — i income — tax 3,008,542 shares lamed —V. J income ! Net 116,735 254,073 236,752 per (est.)—— 324,255 ,197,419 661,032 Riverside, Mo.—Files— 738,000 738,000 . $1.58 $1.46 Chemical & Co. ".-'..-v.' 1931 Offers — profit 173, * 140,243 shares of common stock (no par) on the basis ' one share for each four shares held, • Subscription f rights will expire Aug. 9, 1951 at 3 p.m. (EDT). The offering is not being underwritten, and the Chemical Bank & Trust Co. is acting as agent in connection with the subscription offer. proceeds it all company funds, will program which includes Neville on research Island and be and of apnroximateiy rights used in the connection of additions • and concrete, ADDITIONAL the net shares to additional be expected Net general — determined. now complished ■company The on the In the of that event which proceed company a the with such and in construction of sales stores Canadian take ruch and up later subject date to the as of be true the company and favorable opinions that have issued mitments and for to the to sale before or by the parties others that the in the of Life the of sale of,its shares realized of of its stock capital have the the for shall have from This to 1351, Dec. 1, 1951, agreement also provides for • Shenango-Penn time gross the as tons per its of blast new month, furnace, not in iron is, as soon. price therefor is pig y- the and, 1952 by the and June 1, feasible, to '■ gross tons delivered in per month; molten form such pig and SEC Pittsburgh company annyally starting in 1952. two* other the (.enOed pig iron in company by 3.% notes by the lenders from customers the due to each ton the provisions of -v*; . . y., Trust whereby such customers agreeto" $2,550 000, such loans to be evi- Jun$ 30, time to time 1958. as see Such loans forth are therein. to be Such pig of these iron delivered agreements. to such customer drill to on a $5,085,000 cf 2 7/8% 68,644 .. 3,262,578 47,961 18,169.596- 15,816,459 3,363,353% 570,435: of the with 2,634,595 to will secured be to cost offering the of by on 49,000 share), •% has and for Drexel are: group 174, & railroad Net income $700,056 5,687 > income Gross on liquefied 11 filed 191. p. at not exceeding $61.50 to be proceeds are used \ of notification share), per with the (par $5) to be offered of the company at. the payroll deductions his annual pay. The proceeds purposes,—V. 173, p. 2613. 10% June 30,'51 Net asset value Balance $6,872,-933 30,295 $7,719,512 $6,903;228 1,255,602 1,010,620 1,951,000 1,491,500 $4,512,910 $4,401,608 385,157 y —___— preferred stock—378,445 applicable to common stock outstanding at May- 31——— shares per share.;—— common $4,134,464 3,270,056 $1.26 The cn July 23 filed a registration statement with the 160,000 shares of 6% convertible preferred cumulative (par value $25 per share). 1 corporation seeking registration of stock Net to is headed derwriting to are the of proceeds offered for be through sale & Co. The underwriting and un¬ an offering be supplied by amendment. stock sale are to be placed in price the y June 30,'50 $12.72 " $11.16 .. . . : its of the net proceeds, if additional loan To the extent not so used, the balance will be used to reduce bank loans, t.o open any, offices and businesses in the "although no negotiations . . "—V. . 174, to when future p. are acquire additional favorable presently loan opportunities in are for progress y Stores, Inc.—Earnings Lower— Sterchi Bros. of goods General and Depreciation Interest sold and - - - 195l ■ 1950 —V. 173, • agree¬ income :— $14,463,284 $-12,453:515 taxes ————2,278,600 2,200,827.. shares 1,345,570 » 1,345,570. share__u—————$1.60 $1.64 ^ per 1587." p. , Shawmut Association, Boston, A 200 letter shares , Net 3,069,344 101,339 .86,324 expenses— amortization— paid 33,002 122 — — credits Profit Provision of of notification common was stock filed with (no par) ; ' 32,619 9,519 fcr (before Federal Federal $354,633 206,798 income taxes)—. income 254,923 $4°2 530 — — Sc09',556 190,000 190,000 $272,530 $419,556 223,581 taxes—.— the SEC to be on July 12 .covering offered at "$16.50 oer ; Net profit to surplus—— Dividend (declared). Earnings per common ——~ 178,864 Period End. June 30— jNet 'sales— 173, p. 2500. " $0.70 $0.46 share"— SALES FOR JUNE Mass.—Filing With SEC through Paine, Webber, Jackson & Curtis, Boston;- Mass. .The,, proceeds are to go to Walter S. Bucklin, the selling stockholder.— 173, p. 1482. c share V. % 1950 after Number capital Earnings ^ $3,552,439 expenses——2,529,503 oper. administrative and % 1951 $2,919,693 . —— - Income operating profit acqui¬ 278. $255,732 Gross offices or presented such ;y Shamrock Oil & Gas Corp.—Earnings— 6 Months Ended May 31— company's The company intends to use such funds primarily to receivables through absorbing the demands for loans by borrowers in the 47 existing loan offices of the company's funds. general increase sition public Lemon Johnston, by terms Quarter Ended May 31— sales J-—5 Higher— Dec. 31,'50 $12.77 share 1992. p. $4,016,450 *3,036.512 *$1.32 Securities and Exchange Commission— ters With Net $19,502,492 $19,035,503 $16,502,450 — per 23,051 301 : cumulative on , $566,007 % divs. Common Cost 173, gas. to of used for general corporate assets , —i—— - income groun Ill.—Filing Wtih SEC—. letter a of— —v. used in the use petroleum .-4 $565,706 ;; $7,696,461 " income-taxes^ Earnings SEC Oakland, Md.—Files— underwriting. The capital. July . $705,743- - etc. Acci-ued Union Co.; working (approximately price net other funds, will be utility's operations to the ■y State Loan & Finance Corp., Washington, D. C.—Regis¬ Selected Ameircan Shares, Inc.—Assets As Total with of « . distributing been — $6,356,865. 5,000 shares of common stock time employees who are stockholders to be are (Calif.)—Sells Bonds Pri¬ ♦Giving effect, to 2-for-l split effective-Aug;' 8i l950l.-~V, 173, p: 1992. July 16 filed a letter of notification with the shares of common stock to be offered at par without well made be 2,841,504 Certificates are- standard-gauge new approximately and Stroud & Co. Inc.—V. Corp., company full to 2,486,276 Stuart & Co. Inc., 98.9459, covering market $3,361,443 has conversion wholly-owned- subsidiaries. The 643,247 Ltd. .together loan, the operating individual "SEC $3,064,774: of New York gas. Interest, * estimated a $736,910 518,712 corporation Co. income Federal bid of 99.0269. received, viz: Halsey, (G. D.) Searle & Co., Chicago, made pursuant ' % 2094, 2499. pp. corporation Net Cer- ! aggregate ments will also provide for th sale by the company and the purchase by the customer of varying quantities of pig iron over a five year period. The company will agree to pay such notes at the rate of UlO'for was corporation per Net The Pittsburgh company has entered into an agreement with James ». Clow & Sons and expects to enter into similar agreements with loan July 23 bid covering ($1 gross • 9,955. .. the to be the market price for pig iron except that pig iron is delivered the price is to be reduced by 50 cents ton. The contract also provides that Shenango will sell at market - pride up to 150.000 gross tons of iron ore to the " and Victorville, Calif., and adjoining communities including nearby military bases. . The company owns five production or storage plants, nearly 200 miles of distribution mains, and. other distribution facilities and equipment. y' / ;/• '% •; : y 'i The where cold per the , Bros. & Hutzler and associ¬ Seaboard Development Corp., The such- blast ' $4,569,523 $24,597,723 $21,812,897 $632,269 J income stock, series A. v.*. 7 .-.00 MONTHS 1951—5 Mos.—1950 . ■y-yy I: V ;--. - . Francisco Ry—Equipment 24 offered members Securities Pittsburgh company iron be Other 1S52 is 16,000 of sale 1, requirements but, until completed, not in excess of after the comDletion of the new furnace excess as March ■ for equipment loss which provides, among other things, for Shenango-Penn for investment of 10,000 shares of $5 prefened stock of the Pittsburgh company at a price of $100 per share The preferred stbek is to be delivered to Shenango-Penn against payment, 1, . tie not Shenango" subsidiary the purchase Shenango, Sept. 1796. p. com¬ which for by on • 2%s. The .certificates the their company commitments on other •One and give than $4,000,000. y.y-,y,:,y:y,. ;y-y i The company ihas-entered into-an agreement • with The Furnace Co. J and Shenango-Pemv Mold Co. a wholly owned of 191. July on tificates also agree¬ transactions- shall or stock 173, agreement) shall in expansion program. for 1951—4 Wks.—1950- Louis-San ates Metropolitan <or ' to pay Barstow being offered subject to approval of the Interstate Com¬ merce Commission. The group won award of the cer- .; purchase Co. bonds capital shall or the 1951.—V. June 31, tificates Offered—Salomon ovens. 1951 ; 680,594 charges.. 173, The $3.29 tCalculated y tax; the that counsel Insurance stores 174, p. St. the representations bond purchase, profits ac¬ 15, after —V. 795,393 be said Net operating Proceeds reasonable, Aug. to the legal matters involved shares sold the on contained date Metropolitan as shall have company the prior or on among company on bonds fixed be may the shall and the conditions warranties ment for pay Net Other lafe Insurance Co. to its $4,579,878 $24,666,367 $21,860,858 3,764,186 .. of shares. 2 by the company 1951—Month—1950 V $5,091,717 — 14.668 oper. used AND FIRST FIVE 85,077,049 connection Issued under the Philadelphia Plan,, the agreement with an MONTH 99% common this year used than more ~y;:-'%;■/,, ; •;j% *;r-:?■ y--,-l Southwestern Public Service Co.—Earnings— '' * 1951—28 Wks.—1950 i: 1$103,07-3,364 $84,412,317-$690,659-,109 $575,445,936 Period End. May 21— ■ 1951—Month^-1950 1951—12 Mos.—1950 v 10,459.615 8,721,030 ' 66,24^,186 55,188,073 Operating, revenues$1,797,961 $1,577,604 $20,184,164 $17,902,807 in operation at July 14-— : . 1,986 yy: 1,956 ; Operating expenses— 1,097,905 1,011,898 12,487,703 11.029,^74 in operation at July 14_— 139 136 v sales Domestic " fcr the purchase of $5,000,000 of its first mortgage l>onds, V/2% series due Nov. 1, 1964, to be issued under the company's existing mortgage and deed of trust, at a price of 97.45% of the principal amount thereof plus accrued interest from May 1, 1951 The proposed agreement will obligate Metropolitan Life Insurance Co', to sold to The Mutual Life $400,000 of 4% first mort¬ gage bonds due in 1973, it was announced July 26. ^ ^ ( not coke be Southwest Gas Corp., amount cannot revenues vately—The the such remainder will Insurance from an July 26 announced Its on subscribed rev._ " equipment trust certificates, series I, maturing annually Aug. 1, 1952 to 1966, inclusive at prices to yield.from 2.40% to 3.025%.., part financing believes is company the expects to enter into company kind in and had Operating revenues— Operating expenses— Operating taxes during 1,339,308 y yy $5.53 "> —-— represents excess outstanding July 14— Canadian com¬ from 14,247,691 17,239,698 Telephone Co.—Offering 99% company approx¬ A. Robertbe received $8,422,500 " —— the of financing basis a not may funds Operating Safeway Stores, Inc. (& Subs.)—Sales Higher— Per. End. also proposes to construct 35 additional coke ovens at Its Neville Island plant at an estimated cost of $6,100,000, It is " expected that the cost of such additional coke ovens will be met in from the general proceeds of additional — share— per 242.095, shares the on company part 1 expense— income—— on this, amount $510,000 Domestic the The EARNINGS FOR 17,087,215 12,925,735 336,900 210,000 - 34,972 1 ' " *59,375 *2,113,000 487,000 — earnings tE'arnings program, • remaining portion of the cost of $11,000,000 expansion program, if any, will be met funds of the company. ,-y: " pany's The that debt and —V. — is New England — offering of 400,000 additional of natural From the sale of 1st mtge. bonds, 3'/2% ser. due Nov. 1, 1964 $4,872,500 ' From the sals of 10,000 shares of $5 pfd. stock———1__ 1,000,000 ' From loans made by certain pig iron customers— It to 3,019,566 charges—— 3,181,175 2,641,164 15,241,688 12,154,738 2499. ;y- ) About $7,500,000 of the procetis will be • 1951 1950 $20,911,395 $14,477,503 — - taxes funds, which will also be added to the general funds of the Total amounted 1951 30, sold goods Interest by the company from the sale of the the company expects to secure 2,550,000 recent • $262,540 . company and used in connection with its proposed expansion ironv the folio wing sources in the following amounts: . income Depreciation offered, now of Cost furnace other and ♦Of received stock common June Six Months Ended June 30— Sales FINANCING—EXPANSION PROGRAM—In addition to proceeds of of 16,992,226 3,293,951 94,395,965 4,637,148 Period End. May 31— Rotary Electric Steel Co.—Earnings— the other company's chemical . . as 134,358,373 p. stockholders - he Federal . 173, 1950 continued, but pointed out that extensive tooling required for this type of work will postpone maximum volume until 1952.y, —V. 173, p. 2093. ' ■ - - • ■'- facilities. products. after —v. —— ■ 113,264,070 83,043,330 22,672,710 15,972,549 23,305,743 3,539,753 income—— oper. Net $9,225,583 423,000 160,460 the months ahead, he added. of defense orders will be attained greater volume during production Substantial 1951, BUSINESS—Principal operations of the company arc the manufacture and sale of coke chemicals, agricultural chemicals, tar base protective ' coatings, activated carbon, coke oven by-products, pig iron, coke, cement hand on , 27,288,678 19,111,777 * expansion blast new a with major a the to from together with construction substantial production $3,435,953 exercised, are Net Uncollectible in of stock . yy— orders Defense 108,362 , ' \ *** —, Subscribed y imately $20,000,000, it was announced on July 23 by John shaw, President. There is etery indication that orders will to the / Robertshaw-Fulton Controls Co.—War Orders Mount— Common rev.. $ $ 23,402.147 1 34,854,496 113,762,311 ' 96,404 y, 436,123 " 498;241 27,397,04 0 Operating revenues -1 Operating expenses Operating taxes , $855,642 , — 204. p. ' of $ oper. 1951—5 Mos.—1950 1951—Month—1950 Operating revenues loans and the Net . * - sales —V. PROCEEDS—Net . 738,000 $0.72 - $0.29 tlricludifig ... > - $15,843,378 Profit before income taxes 2,271,956 Provision for Fed. and Canadian income taxes 1,416,314 1833. Pittsburgh Coke ■ 550,349 Southern Bell Telephone & Telegraph Co.—-Earnings The proceeds are to be used v ; 31— $160,8.77 550,319 , y.;yv outstanding obligations. 9 Months Ended May ^ r-— ■ share.-, common per Uncollectible Robbins & Myers, Inc. (& Subs.)—Earnings— Net v $230,158% shares- common -1,73*2,753 2,508,353 i ; Period End. May 31— 439,276 retire $529,048 $0.70 of f ■; i1 1950.*.*J , $0.42 - - 704,333 , 168,012 738,000 '.;„y '; ;;1951 ♦Including interdepartmental sales in 1951 of $222,281. provision for Federal income tax.--V. 173, p. 2613. " Co., Kansas City, Mo. White & of y* ?$2,738,511<. $1,893,630 Income Earnings 1950' $2,010,901 - to Stock—The company is offering to common stockholders cf record July 23 rights to subscribe at $24.50 per share fia'c • • 107,810 663. p. sales from proceeds i * 182,241 tne on ' ; . '. Southern $513,573 outstandingshare- 172, p. — profit Wahler, 16,207 Cr21,062 J"o. 2,800,464 22,071 ' Gas Co.—Earnings Statement— revenues Number The 1,302,170 expenses- income Gross SEC $1,055,811 ££isc. sales estimated in important- re¬ are adjustment at the .end,o£ the year. based are 967. p. South Jersey corporation on July 12 filed a letter of notification with the covering $250,000 of 15-year 5% debenture notes and 25,000 shares of common stock (par $1) to be offered in units of $10p of debenture notes and 10 shares of stock at $100 per unit through $2,265,241 $2,513,337 — $1,040,637 admin, enterprises 173, Six Months Ended June 30— ; . . Riverside Stadium, Inc., advert., general and • ♦After income taxes.—V. 173, income operations Calling, tabulation %■;v 1951—3 Mos.—1950 1951—6 Mos.—1950 $14,770,157 $11,717,046 $28,330,844- $22,045,186 Period End. May 31— Net Ltd., Inc.—Earnings— Period End. June 30— :. • , ♦Net Penick & Ford, above 32,900 ' 1701. p. Rice-Stix, Inc.—Earnings— 2612. p. the tExpenses, Tixed charges and taxes <• $2,314,514 sales —V. $9,002,128 4,893,360 $2.03 — mining metals.—V. ; (Robert) Reis & Co. (& Subs.)—Sales Gain— 6 Months Ended June 30— " • 1951 « * , Net amounts in foreign other cor¬ -• 91,080 / $345,315 , — ■ Gross $9,943,981 Other U. S. and foreign income taxes • 191. p. ' 59,500 —_ — 96#,800 $288,239 profit Net —— 1 States, excess profits tax purposes.—V. 174, porate 29,844 2,930,000 interest United 23,181,014 10,436,722 501,147 539,344 Cr33,039 29,825,885 13,853,778 of products sold : Selling, administrative and general expenses— depreciation of plant and equipment— — Cost of employee pension piogram 5joss from foreign exchange adjustments f ' to finance Inventories and for will be used proceeds 13,300 Colombian peso items in U. S. currency, the method used in preparing the annual statements has been followed. All fo/eign exchange transactions In Colombia are under direct control and license by the Office of Exchange'Registration. .Remittances of-exchange py Kidder, Peabody & Co. and Goldman, Sachs & Co., it announced on July 25. The taxes 'J 45.715 In order to express has placed privately an issue of $15,000,000 3y4% sinking fund debentures due June 1, 1971, through $68,325,100 $48,701,160 - - — taxes—______ income income 51,726 6,700 , —_ spects and are subject to audit and 32,312 shs. 701,217.34 shs. was Total S. The y . company 1950 $68,628,473 $48,579,024 196,627 122,136 1951 , U. Net ' • Colombian for • - ' y . Ralston Purina Co.—Debentures Placed (& Subs.)—Earnings Higher- Parke, Davis & Co. Six Months Ended V v for Provision $528,236 $503,015 v -—. -_L— ! 1950 ?. — i Depletion 2,550,000 ■ 50,000 shs. 1,200,000 shs; to 277. —.J—— — Provision ——_ per pi 1951 depreciation, depletion and income Depreciation share: (entitled on $100 per share) stock (without par value)-— $105 liquidation taxes ; stock, without par value (entitled to cumui. divids.; redeemable . $9,771,000 ... 1 $5 pld. : Profit before ton cf pig iron 1958J 30, $10,000,000 - pfd. stock,without par value-..— Serial 3 Months Ended March 31— y Payable 3%: — per holders to June issuance but payable rate limited by property, earnings and other provisions of the mortgage and deed of trust, as cupplemented. tDces not include $200,000 payable on July 29, 1931, end $200,000 payable Jan. 29, 1952. All of the serial notes (.Vic ) will be paid off out of the proceeds from the first borrowing under the credit agreement pursuant to which the serial notes (3'/2%) will be Issued. §$6,000,000 taken down in July, 1951. Remainder to be taken down in amounts and at times not yet determined.—V. 174, p. 277. ♦Unlimited 1964 Outstanding Authorized * • 1, Notes 90,036 shs. 114,815 shs. 2,625,000 shs. stock, cum. ($100 par value) stock (without par value)— pfd. Common 1st • 9,000,000 §6,000,000 ( —-J • i 1961-i$15,700,000 due 1952 to .'■%.yy \:\y mortgage bonds, V/2% series, due ,/ Outstanding j $29,000,000 Authorized bonds: 3%% series due 1977 3% series due 1980-— ; First mortgage AND FIRST FOUR 1951—Montlv—1950; $949,309 $1,254,839 MONTHS 1951—4 Mos.-?-1950 $4,807,279 $3,869,007 r—V. (Continued' on page 50) " - ■ Volume 174 Number 5033 ... The Commercial and Financial Chronicle ' ' (369) Stock Record New York Stock «» Exchange DAILY RANGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE OF SALE PRICES FOR EVERY LISTED ISSUE Range for Previous STOCKS Year 1950 Lowest 39% Dec S per share 1 2% Feb Range Since Jan. 1 ->» > Lowest Highest f per shore 1 54% Jan 6 Highest ? f per share 21 Dec 29 25% Dec 41% Mar 30 27% Dec "-<■ $ 18 3- July 12 29 36% Dec ' : 30 May 42'A Feb 14. 15 39% Apr 17 13% Mar 15 20'A July 7% July 11% May 55% Mar 47% Jan 53 26 % Apr 121% Jan 133 20% July 13- 28% Nov 121 1 3 23 Dec 67% Jan 4 77 Oct 2% Jun 27 58 July Sep> 74 3 8% Jan 3-:. l.7' 93 .4'cv, . 3- 19 82 ■ Jan - 102 20% May 28% Jan 1 < { 44- 20 - < 34% Jun ; -.>> 22 July < ' ." T ■s?vrv >» ">». < 5' Aug 16 ; 36 >>-"■■ i- 7 40 ' •> 4 66 ■iil >>>: 68 * ■/' ' ' 40 Jan 53% Nov 22 >14 27; Dec - 3Q> :,.82 " Jun Dec 27 Dec 28 26% Jan 27.'. 7 ,40% j ;:72% 37% 38 38 : <59% 5% 3 62 62 6172 617a 900 21% 21% 22% 22 227a 11,000 8% 8% 8% 8% 8 87» 9,500 •50 28 131 2% 2%" 20 *80 9! llf ♦92 % 1 V __5 ; *• Aluminum Co of America—-No Aluminium Limited.. '74% 95 9% *92% 74% 75%"" 75% 21». 21 21 41 ;•'./>• 41 93%> ♦93 32%'" ' *92 > 93 ♦35%>:35% 60% >:> > 89" '■■I :; 76 37a 747« 21 •2072 32% 32% 40% 93% 41% 93% •93 32% 100 32% 900 4174 > 7,000 9372 42% 43% 42% 43% 437a 93% 93% 93% 93% 93% 35% *35% 200 44 93% ,:>; 35% 72%;;; 71 ">> 89% 1,300 18,200 75% 21 4174 *93 8,000 84% 97a 93' :?; . »: 35% . 75 32 •80 9%i *20% >41% ' 95 > 1.400 81 4174 43%> 93 70%. 89% • 32 407a 19,200 77% •8072 *9% 76% *20% >21, > > 3% 77 84% 41% 40% 9% 32% ">>*32 4Q%" 41 <>'40% par No par *92% -9%t> •93%-;; 93%. >> 93% 42%> 42% ;:/>< 42% Vf ; 95 9% ■ 2,500 72 37a 77%. *80 41% 8,600 20 7a •7172 3% 77% 84%; 39%; 7,200 274 207a 72 3% 77% > 77% *80 41%"' *92% 3% 90 287a 135 27i 20'A *71% 5l7t 2874 *131 2% 20 72 •50 28 135 2% 20% >3% > 84% • 40% 32 Allis-Chalmers Mfg Common.No par > '*> 3%% conv preferred— 100 >r Alpha Portland Cement __No par " Juri *80 9% 74 •20% common—No par > 100 > 78 51 27% ♦131 2% 20 *71% 3%' ' *77 51 28 Via 135 2% 20% 72 3% : 95 9% ■" No Dar Apr: 2715 ' 84% 40% ;';. 41% No par Allied Stores Corp 4% preferred 3 51% 28 135 *71% 78% 200 61 8%' *131 ' 6% ' 60 51%' r 27% <;■• 58 6 21% x8% 27% 6% <; 59 %> *50 135 58 5% ■ 21%" 21% 8% *77 .Allied Mills 100% Jan > 5 ; 67% Jun 3% Jan ; 178 22 >"' < -v..! t ; ; ; ;>.V ^ July 1' Amalgamated Leather Co / - 6% 109% Oct 4 -14% Apr 21 8% Apr 21 120% May 24 . 190- Jan 102 • 88 1677a Jun 28 35'- Oct 17 x29 % Jun 29 79 18 73% July 2 2 4 51: „ Mar 22 23-: Feb 23 18 % Jan 25% Dec 19- 27% July 39% July 27 97 8 13' -185 Oct 7 76% Nov 21 89 5 Jun 35% 72 . 35% 72% ' 71% 73 90% '>>>;: 89% 90 89 89% 12,700 1,400 3574 7, 3574 7372 76% > v,;, 8872 v 1,000 > 10,600 89% 7,500 . 178% Jun 19 171% Jan 113% Jun 23 111 49% Oct 6 6% > American Cable American 1% 17 Jun Nov 24 4 93% Oct 12% July 12 25% Mar 22 54 79% Oct 44% July 12 43% July 26 4% Jan 13 17 55% Mar 22 45% Aug 25 8% Dec 29 3 46% Jun 30 49 Dec 11 25% Aug 3 6% Nov 13 34% Apr 11 75 Dec 92 13 July 17 9% Apr 26 13 Mar 29 16% Dec 28 287a 287a 287a 1,500 4174 407a 41 2,600 197a 20 207a 207a 2,700 Feb *21% *89% American 15 Distilling Co 18% Aug 16 9% Nov 10 5% July 13 24% Feb 105 100 Jun 2 106% Jan 19% Mar 9% Jan 14 44 Jun 5 Jan 13 35% Dec 18 84 14 Nov 24 12% Jan 11 60% Aug 17 136% Oct 13 165 July 6 22% Feb preferred 3.90% 4% % 15% July 20 Feb 26 25 .2 26 Jun 29 134 Jun 14 Mar 30 64% Nov 27 121% Mar 28 12% Mar 22 46% Dec 18 14 18 16% Nov 24 Nov 21 27% Mar 10 40% Dec 28 27% Apr 81 38% Nov 24 July 23 57% Apr xll7 Jan 4 x95% Jun 28 70 July 17 14% Mar 28 77% Apr 2 37% July. 2 36 % Ji^ly 3 July 12 x51 Jan 19% Feb 9% Jan 3 Feb 12 11 4 3S% Dec 8 72% Oct 2 36 Nov 17% Dec 15 33% July 14' 26% Jan 13- 28 110% Mar 18 11 x25% Apr 100 3 6% 6% 4 Viscose •8572 8772 13% 137a 133/a 46% 47% 47%, 47% 8% ■r ♦165 77a 77* 39% 43 *43 , 797a 154 % 387* 154 38% 387a •102 105 17 127 127 107a *65 ♦126 H>7a 66 > *129 133 19 ♦107* ' >• 667a •129 19% 1347< 19% 1567a 1567a 62 61% 135 1357a 8% ->■ , ♦102 105 17% 17 •102 104 ; 8'A 87a 104 17 177. 87a 87a 327/a 327a 337a 32% 323/8 197a 197a 193/4 323/4 y 2074 26,700 > ; 15% . 1574 153/a 153/4 15% 153A 44,700 167 •166% 16772 50 7y8 73/4 2,400 •165% 167 7%>>•>/ 3972 39%, 44 77a 167 77a 40 ->. 4272 < > 155 43 > 82% >, 82 83»/2 ♦15472 39 39 39 129 7% 4074 ♦43 167 /> 774 42% 43 ♦43 44 85% 8472 1557a 15572 •126 3874 38% 343A 3474 35% 34% 3572 34% 35 35 357a 107a 10% 67% 68 ♦129 197a 19 1567s 617a 617a 136 136 133 19 157 627a 13674 733A 11% 6874 ♦129 19 1567a 6174 137 1174 11% 6772 6874 •129 135 V 19 6,700 1367* 137% 83,300 613A 13774 874 87a 34% 337a 98 Copper 9 Mining Glass 10,200 50 87s 4,500 34 11,200 97 98 98 96 97 9672 9672 9574 71 71 72 72 727a 723/a ♦717a 727a 7172 1 17 177a 17% 717a 177a 173/4 177a 17% 17% 25 84 84 84 85 83 83 50 39 397a 39% 407a 4074 41% 4074 417a 41% 42% 41,900 39% 397a 39% 39% 39% 40 3974 3974 39 397a 1,220 No par ♦82 •83 85 190 957a 120 •72 177a 13,100 85 : : 160 Corp— Common 6.25 Oil Corp Mining •104% 87 87 10 3974 20 22 A 18 Archer-Daniels-Midland 47% Oct 18 36% July 51% Jan 29 Armco Steel Corp common W Products Co 3PA Nopar 21% preferred Anderson-Clayton & Co P 690. 71 119 119 100 $5 prior conv preferred Andes Copper 68 3/4 71% 119 No par $4 conv prior preference Amer Zinc Lead & Smelt com Anderson-Prichard 5,300 1577a 8% 7072 ♦118% — 19 19 337a 11872 800 . 617a 62 874 72 > 118% 700 117a 6874 156 3/8 1567a 3474 Hock 10 8,600 1,400 , 132 87a $4 700 : 35 107a 157 > 15,900 230 129 •126 129 3474 66% 133 160 1557a 3874 3872 '•/ 2,700 8572 357a • 1,100 43 44% 827a 154% 155 *126 129 • 33% 13 3,100 10,200 32% 87a 32% July 26 W—»' 2,200 3272 33% preferred ; 17% 874 »>*. 197s 33 7% ; 33J/a 33 87a •' 32% 32% > 1,500 '• 197a American Water Works Co Inc—5 Woolen common No par 874 5,500 .>;•• 32% 74% 8% ;;.<V-yy 32% , 1187* Jun 87% 13 73% 55 2 ♦8572 13 47% 11874 6% May 21 46% Apr 25 24. 877a 12% 47% 7474 26 page •85% 12% 46% 79% >79% 154 800 87% 12% 45% 397a 427a 617a American 10 >> ♦85% 1872 99 11874 20 see 9,000 183/a ♦97 73% Dec For footnotes 6,600 •11872 Wire & Cable— 8% Jan 187a 25 com preferred Anaconda 42% July 25 19 Feb 10 ♦39 15572 100 Corp 18 18% 87% 167 77a 25 preferred 17% 183/a 100 5% 16 6 •165 —100 common 19 183/g 45% 35% Tobacco •18% 187a 79 300 35 5 18'A *77 1,900 3474 American Sumatra Tobauo 79 185/a 3474 100 ♦77 15% No oar Anaconda July 32% 7,300 1,200 77a > 79 12% 12 ♦45% y 347a 77s ; - 987a American No par 343/8 7% 3,400 * 18% 33%; Sugar Refining com—100 343/4, >; 15% 337a preferred *7% 400 6% 49% •9772 327a 7% 34% 42% 6 •4772 153/a 32% Co , 77a 427a ;>">' 6 15% 100 Stores 35% 433/4 49% 1874 No par 49% Dec 7 25 common 2 91 3 Co 57a ♦47% 15% preferred 13 3 31% Apr 13% Apr Snuff *42 74 6 5,800 8,900 98 American Steel Foundries non-cum 57%; 15% 15% American 5772 2,600 18% 15% 100 577a >: 98 / 15% Feb 66% Jan > 18% 15% preferred 79 15% 99 20% No par 133/a 79 :.i 18'A 32 Amer Smelt & 2,400 13 7972 18% > 33 Mar 16 Jan •85% 91 903A 13 74 "I 15% 19% 44% Feb 110 17% ♦97% 17a 15% 32 2 11 18 99 32% American Jun 18% 2 2,000 123A 49% 7% 18% 18% 31% Anchor 18% July 13 106 18 18 % 32% Jan 16 75% July 16 41% May 17% 20% 154 87 17% *18% 17% 43'A ♦77 , 197/a American 5 78 31% Nopar Amer Rad &; Std San'y com—No par 31 19% Feb 7% 78 15% 577» 34% 34% 78 *97%. 57% 77a 77a 913/a 79 57a Co—-No par No par Light 68% Jan 94% Jan 7% 91 13% ♦47% 8% American Tel & Tel Co 107 7% 90% 78% 43% 6 ♦8 28 6 34% 34% 1% 7" 57 49% 8% Feb 3 43 57/a ♦48 l American 10% Feb 43 6 49% American Molasses Co_. American Stove Co 46"% Jail 57% 7% 12% 17% 6 8 Apr 30 30% Jun 25 56% 7 78 yy 17 Ship Building Co„No par Refg com No par 120% Apr 56% 89% 12% 78 17 Seating Co 15 12% 77% 17 American 9 89% 12% 78 44 57/s American 23% Feb ♦43 89% >> 2 2 73% May 23 158 90 12% •47% 337/a July 27 Mar 90 y 1% Amer Metal Products Co 38% Apr 27 13% May 1 138 CLOSED 2 ♦102 2 Jun EXCHANGE 1 Feb 19 10% Jun 4,000 5 37% Jan 59% Jan 2 ■' —*100 139% Jan 129 1,100 l7/a l7/s 105 7% Shares 1% STOCK 7 •102 — the Week 5,700 7 100 1% preferred •> Sales for 185/a No par preferred Gas Friday t per share 18% 100 & >» July 27 - July 26 $ per share 18% Co Ltd com_No par Co Thursday . Sper share 18 7b ... 5 Wednesday July 25 July 24 I per share 1,620 PRICES 18% Safety Razor 85% July 26 167 dan 9 42% Feb 14 SALE 1,000 437* 18% American 10% Jan 19 HIGH Tuesday 175 437a 18% 100 Metal AND 175 18% No par preferred American 177 6 25 158 Jan. 8 20 Jan Dec 5 3 Jun 19 Dec 8 44% 18% 10 Amer Machine & Metals 31 30% July 2 32% Jan 10 59 95 Mar 3 123% Jun 150 100 61 37 Apr 23 3 20 Apr 149 161% May 20 76% Jan " 9 May 1 5% Feb 14 63 1% 2 Apr 24 145 3 16274 4374 18% 50 Amer Mach <fc Fdry com 12% Jan 16% May 12 134% Sep 7% Jan 2 Natural 169% Sep 21% Feb 28 29 Power 43 54% Nov 16 '161% 44% 247* American International Corp.No par American Investment Co of 111 1 American Locomotive common 1 News 56 117% Aug 17 162 44% 24 100 American 15 3 *157 44 24 com preferred American July 16 70% Mar 28 18% Jun 30 160 44 40 300 24 7% American 42 62% July 26 146% Jun 30 160 45 *265 » 7 ♦76% 3 31% Jan 146% Jan 300 ' 1 27 73% Nov 24 27 ♦265 16,300 > 24% No par 33% July 25 53% Dec Jun 300 700 91% 6% common non-cum 22% Feb July 5 *157%Apr 4 37% Dec 22 9 July 14 38% Jan 25 *265 2174 128% 24% Products 6% 36% Feb ' 50 128 21 Home American Ice Co 3 38 300 2174 *90 1177a 7 SS Co preferred 16% Jan 28 39% Mar 30 1 American 21% 4,900 1,100 24 56% 31% July 19 11 25 29% May 24 24 14% Apr 26 50% May 11 20 15% Jan Jan 17% May 90 May 7% Jun 25 Jan 118% 317a 77 , 23% 10 Hawaiian 91% 115% 76 23% Electric Co convertible 21% ♦89% 317* • 23% *77% 6% 21% 91% 116% *250 July 23 No par American Hide & Leather 115 160 9 per share No par Gas & 21% *89% 116 3174 767/a 40c preferred American 8% Jan I per share $7 2nd preferred A American 113% Monday $6 9 19% Mar 26 x83 $7 1 2 11 22% Mar 24 16 8% July 20 27% Jan 3 22% May 23 / 21% 89% 115% 300 31% 7674 77> 1 : Foreign Power com__No par preferred No par 36% Jan 16 22 91 31% 317.: >77 ■76%, No par Amer & Jan 51% Mar 16 23% Dec ♦43% 76% ♦6% Encaustic Tiling 33% Mar 16 185 160 Saturday July 21 Par 16 35% July 25 3 6% Jun 26 *250 31 > . LOW STOCK Jan 86 25 106 % May 17 YORK 9 27 11 29 Jan 19% May 15 Jun Oct NEW EXCHANGE 2 10% Jan 23% Aug 1 32 Aug 3 Xl2 Aug 2. 11% July 26 175% July 18 ' 17% May 24 41% Apr July 13 14% Dec 13 114% 20 • 30% .' 31 10 $ per share 1 90 104 * 100 American Cyanamid Co com 10 3%% conv preferred series A_100 3%% conv preferred series B_100 2 50 19 47% Dec 140 28% 51% Jan 10 23 11% Nov 22 2,700 41 57% July 27 9 3 5,100 1707a " 171 28% 18% Jan July 20 4. Mar 22 1707a " • 41 84 2 5% Jan 171% 5,400 i 57*'. 112 19 96% Jan 1 28 29 171 12% 111 L 28% 8 72% May 3 51% May 15 41% May 19 Jun 171% 3iy8 111 19 58% Jan >12% Jun 29 14% Jan 171 *57a 111 r 107 127a 57a 41 2 98 112 »A •106 ' 127a. ; 21% > 3% Jan 22 Nov 107 ; 97 29 17% May 12 *106 127a 12% 5%.;,: >5% < 28% ,V; 16 Jun 4,000 200 19 22'A Feb Jan 377* 41. 17% July 2 1% Jun 25 16 37% 28% American European Secur American Export Lines Inc 17 377a1.. 40% 4 Jun 3,400 19 24% Jun 6% May 520 137a 3674 r 111% ': 2,400 667a 1374 41 . 10 4 7 101 171 " *65 13% 18% Colortype Co American Crystal Sugar com 4%% prior preferred American 75 111 % j: , 12% >> 5% 19 187a 667a 137a 18% Chicle Co American 9 29% Jan ,- ^ ' y 19 •65 41 American 9 24 Feb 47% Mar </ 12%.;*': 19 ; , No par 21 2 > 5% v 8374 Feb 22% Feb Highest 84% May 37% 107 83 28 128% July 27 • 21% Jan 7 37 400 8374. 32,000 1,500 76 29 5% Jan 64% 13% ■ ♦106 111 171 19 64 13% 3,400 15% 82% 18% : 37 * 5%- ; 61 157* 28 42% Jun 28 3 110%, 125 •6074 l55/a 76 July 27 25% Oct Jan 109% 1247a y 84% 106 .. >. 61 15% 82% v 7> 12% / 5% ■> 5% •" 62 * 7, 64';: > 13%. i * *105 171 ., 100 No par .*100 —— July 10 21% Dec 12% July 12. «> 5%' 125 ' 15% 1,600 »-.! 600 r No par 259 16% July 18 78 I /> ' • :' 1237a ♦6074 61 19%,": - 167* 119 13% 13%; ' 36% : •r36% 105%. 105% > 12%.V 12%. ' H : 64 39% •167a American Chain & Cable- .,175 13% July 81% July 3 V " > *25 > preferred 28% Feb Lowest 4% Mar 23 3 —1 Vr- 19% 63 - 3% ♦3672 1672 9 x45 : f per share 2% July 13 64% Jan 3 Jan Corp 36 .■ .100 ; 1 >. 114% ,.19 '62% . STOCKS^ 24% Feb 27 Radio 82 > 13 com—No par common— > - 37a 3974 16% ; 16% 85% May 17 4 8'A May 19 24 & Can Co 15 374>. ♦36% ; 39% 16% , 60 %y >: *60'A >15%;; > y 15% 60% y 3% ■:> >: 3% 3% *36% >. 112 s 8 110 > 3% 16%,; American Car & Fdry com 7% preferred 10 Ilighest July?! Co preferred /American Broadcasting Co Inc ^ 19 Range Since Jan. 1 $ per share 5% July 13 Shoe > %> 19% > convertible 15 81% ' 82 » 7 • 2 Brake 14% • >39%. *36% 7 ♦16% 60% *61 : - 10 39%" > 106 > ,106 , 50 ' 4% >> 3% *16%> 16% preferred Amer 18 Jan Year 1950 Lowest *36% American Bosch Corp Range for Previous 9 per share r > No par American Bank Note common. * ' 2 101% July 12 32% Jan 33 Petroleum Corp , 32% Jan > 4 71% Jan Jan 39% Jan 21% July 10 16 18 preferred —50 Sugar Co (The)—1 Amer Agrlculturat Chemfcal—No par American Airlines common 1 3%% cum conv preferred 100 ; May 14. 6 ; 114 Jan 16'. r 10% Jan .10 >14% Apr 30 5% Jun 29 7% Mat l2> 93% Jan 2 115% May. 2 18 Feb 12 July 30% Nov 27 <" Jun Amerada 20% July f5\ ;; 64% July 25 17% Jan 19' 447a Febr 6 22 Jan - July 26< 3%> 3% convertible Amalgamated \i 29 - 125 1 com 1 5< r>'16% Apr 16 *25 5; 81% May Jan 2 34% Jun 17% Jun 30 ;- >> Feb 19 13 12% Jun 15% July 17- 115% Jan Jan 16% Jan 57 27J 38% Dec 78 14 3- Jun 4 15 16 . 49 '• Jan >2 "'ix62 30 t 65% Jun 26, 21% July 13- - *1 41 Jun 13 7s Jari Dec 90% July 26 ; { . 49 43% Dec '*20 -7% Jan: 13- ;. 'A; >" 5% Jan 3 Jan 23 : 94 * ; 5 • 'j. 29 36% Apr 20 16% July 13 8- 30 % July 101% Feb'; - 2 3% Jun 26 „ Juri" 27 10% Jun 27 ; t 5% Dec 29 ; ' 14% July 13--' ' j ; Mar 13 37% 2% preferred-No par conv . 9% Jun- > July 84 > Jan 37 % Shares 297a ♦36 % 72% 1 Allied Chemical 1& Dye Allied Kid Co : 9' Jan 297a 37%. 20% ' 28 29% *36%' 2% Allen Industries Inc . 26 Feb 30% 28% 57% •> '• ' ">>•"->' ■. 98 > Dec $2.50 prior 5 Jan 30% 28% 20% • 2,900 2,700 30 % 28% *71% 100 common 30% 30 28%' 5 preferred A 11,200 307. 30 51 27 % 10 6,000 674 27% 106 w w—___ 5872 67a 29% - •131 < Allegheny Ludlum Steel Corp.No par /Allegheny & West Ry 6% gtd 100 34% May 31 . 67% 63% May 31 5%% 76% July 25 2 23% Feb 39% July 48% 91% July 3. *101 '40 < Jun' Z6'> 47% 89% Jun 29 f*-100 29" Dec 99% Dec >38% Jan'11 Feb u ;■ Jati 8% 100 587a 5% 59 50% No par , preferred Allegheny Corp 13 >- 9% Jun 58 4%% 5 Feb Inc Vicksburg Ry 57% 56% 21% 21% 50 57% Sales fur the Week 37% *58% 1 com 9 per share 5% ■ Apr 26? 47% Jan ' Alabama & 2 86 36% May 91% July 18 44% Sep 28 ; 100% Dec 20 July 13-- >>>> f. 20 Nov Equipment Air Reduction 2 4% CLOSED Friday Jnly 27 t per share July 25 27% *36% 1 Alaska Juneau Gold Mining Aldens Inc common 2 , r ' 13 Feb'16 30 r May 73% Jun Gas Thursday July 26 I per share ' 29% 27% EXCHANGE ' PRICES Wednesday < per share * " 9 Feb No par SALE l: July 24 56% 5% ' 29% STOCK 1 , $3 preferred w w 8 Jan Co Corp__ Affiliated 19 87% Jan July * Express Admiral 50 Jun 3% Jan 80 30% Jun 28% Jun- 27; 81% July 12 • < 31% Apr 27% Feb 11% May 27 60% Aug 24 23% Dec 22 11 32% Jan Jun 3 47% Dec •; Addressograph-Multigraph Corp__lQ 26 71 30 '*• .10 HIGH Tuesday : 9 per share .2.50 Co Adams-Millis Corp July 26 29% Feb 18 100 63% Nov Jan 18 28 '83% Oct 32 19« Jan 62 2% May 19% Jun 86% Dec 89% Mar 26% Dec 43 - Apr 5% Dec 29 21% Jan i 27 Feb 3% Jan 5 ?% July 13 15% Mar 29 .. Adams 5 110Ya Jan f per share 54% Motors Co. Acme Steel 2- 36% July 9 July 23 Laboratories ACF-Brill 8 53% Nov 3 Monday July 21 ' 17'A Jan . Abbott 4 21 77/b July 26 48% Dec 15 Saturday Par ?0 39% July 14 49 LOW AND STOCK per share 33% Jan 25% Jan ' YORK EXCHANGE 6% May 17 . 27% Jan NEW •» 59% May 4% Mar " 19% Jan 13 Inc. - 32% 32% 106 *104% 3274 106 . 32% - •104% 88 88 88 40'A 40% 42% 417a •1374 .147s •1474 5 54 10 39 32% 32% 106 88 74 89 89 4274 41% 42% 1574 323/4 323/4 32% •10472 106 > •10472 - 9,200 4 106 •8972 90 19,500 200 1574 •15 157a ♦15 7'A 7% •7 77a •7 77a •7 54 547a 54% 54 547a 537a 537a 54 54 39% 40 40% 40% 407a 407a 417a 403A 41 15 157a • — 700 427a 4172 7 7 No pat . 500 774 1,000 74 . 18,900 s Financial Chronicle The Commercial and 14 . . . Monday, July 30, 1951 (370) NEW YORK STOCK RECORD LOW STOCKS Banft for Previous $ per I per thare 8% July 18 Nov 2 76% July 20 92 Aug 10 46 V2 Jan 3 93% Apr 11 109% July 17 104 53 39% July 26 17 105% Nov 100 % Mar 13 59% May 8 19% Dec 27 12% Jan 9 July 13 28% Sep 28 22% July 12 21 July 17 27% Oct 19 27% Jan 24 July 12 28% Oct 23 Mar 10 20% Sep 25 18 14% Apr 8% July 13 21 15 104 7 23 19% Feb 9% Jun 29 13% Feb 8 16 9 2 26 40% May 7 27% Jan 2 40 % May 18% Jun 25 26 % Feb 2 118 Oct 31 104 Jun 22 116 Mar 31 4 109 Oct 19 102% Jan 4 115 Apr 3 54 Apr 59% Mar 39% July 12 41% Jan 2 4 July 26 152 155 155 106 % 106% 106% 146' May 24 177% Feb 3. 30 105 July 16 115% Feb 8 *17% Dec 19 21% Jun 12 18% Jan 2 22 July 12 Atlantic 61% Jun 29 82 Feb 7 Atlantic 93% Feb 27 13 70% Dec 28 28 86 Nov 18 Jan 4 Nov 6 92 % Jan 18 83 Jun 27 36% Jan 24 75% Dec 18 60% Jan 4 99% Jan 5 105% Nov 27 92% Jun 25 86 22% July 13 25% Nov 24 5 40 Dec 27 31 Feb 2 116 105 15 July 25 31 2 13 16% Jan 10 8% July 10 11% Jan 19 i 5% Jan 1. 12 12% Jan 3 13% May 18 6% Jun 25 8% Mar 1 43 y2 Jun 18 51% Mar 8 9Va' Apr 3 4 Co $2.25 14 % Jan 5,000 112 113 113 *110 52% 53 21 65% 66 106 2,000 67% 67% 68% 3,900 98 73 71%' 72% 71 74% 97 97% 97% 97% 97% 973/4 280 25% 25% 25% 2-5% 25% 25% 3,200 33 % 4,700 97% 25% 25% 32% - . 110% 1.16% 8 -7% 43% *26 29 100 8 8 500 ' 8 8% 123/4 10% 43% 43% 10% 12% 2,600 7% 19,500 '4" yv*: 7% 44 3.500 9% *12% 10% 9 12% 16% *15% 16% *15%- 7% • 170 110% ♦110 29 9% 43% 43% 10% 44 33% 33 110 13 7% 7% 15,700 , • Va 7 98 ♦26 16 % 9% 13 12%. 12% 32% , 110 ' 9% '.;*9% *953/4 8% *15% *15%'> 16% ,.i 9%i 12% *90 98 29 *8 8 91 Va 33% *26 92 *90 *95% 110 % 110 29 *26 28 33% 32% 110% 32% *43 % 21% 71% 72% 8% preferred...—No par 107 *95% 71% 111% • 21% *90 25% 12% 1,300 - 106% 21% 98 67% 97 ♦15% v 106% 21 67% 21% 92% 72 ,<7 9 6,600 , *90 f *7% 161 1 950 1,600 68 "A 92% "97 32% V - i 53% *95% 92 97% *110 -.157 157% 240 114 53% / 54 500 114 114 113 , 155 157% 67 113% 106% 155 106 V-o- 21 20% 20% 20% 113 53% 53% 53% 21 25% 111 109% 108% 52 71% — conv 203/4 20% 112% 97 No par 5c Automatic Canteen Co of Amer—5 Avco Mfg Corp (The) common 3 53% Apr 18 10% July 11 36% 20% 64 % prior pref ($1.20) Conv 37% 112% Corp No par Nichols common——No par Autocar *36% 20% Tack Austin 7% July 6,000 37% 33% 36% *110% 28 15. 15% Apr 28 33% 21 *95% 20 100 10% Jan Jan 400 33% ' convertible pfd ser A Atlas 1 37% Jan 4% (voting) Common 10 23% 33% 35% *90 I SS Lines ll Jun 26 20 16 ' 29 n Feb 11% Dec 14% Jun 29 5% Ji Jan 17 9% Nov 30 6% Jun 119 3 3, 41% Jan 109% July 20 13 28 Jun 10 23% 34% 20% 20% non-cum Atlas Powder— 27 31% Dec 7 Dec 17. 28% Feb 5 105% Jan May 23 x25 28% Sep 3 78'/a May 10 Va 23% 34% Line RR Coast 10% i 23% 34% V 2,100 10 21 52 preferred—...—100 City Electric Co -10 16% | 300 16% *15% 23% 20% No par common—1 preferred 100 Atlantic Refining common 25 Preferred $3.75 series B 100 Atlas Corp 5 5% *15% 16 % 30 190 115 114% 114 34% non-cum G & W Atl May 21 98 95 5% *113% 95 % 95% 95% 95% 96 *36% 156 106% 11 III'/b Dec 3,400 33% 33 % !'K: Santa Fe com—100 Atch Topeka & 152% Dec 600 56% 9% 113 16 Jan 31% 77% 56% *23% 23% 32 32 77% 56 % ♦15% 10 9% *23 Va 109 27 Jan 9% 77% 55% 113% 113 15% 15% 15% 23% ♦23 % 109 103% Jan 41 /7 15%:: 9% 77% *95% 95% 113% •110 100y8 Jan 68 CLOSED 54 95% 29,000 9 9 55% 54% 112% 112% *112% Shares 9% 8% 80 *78 Co com—1 $1.20 cum conv preferred_.No par Associated Dry Goods common 1 6% 1st preferred—.— .—10C 7% 2nd preferred 100 Associates Investment Ca 10 7 Feb 25 S5% EXCHANGE Sales for the Week S per share 9 Va 8% 78 53% 53% ♦95% STOCK 77% 77% 53 % Ashland Oil & Refining 3 Mar 98 15 % July ' 77% preferred $6 conv prior 5 Jan 118% May 117% Jun 107% July 31 No par Armstrong Cork Co com No pal $3.75 preferred No pai $4 convertible preferred—No par Arnold Constable Corp_._._.——5 Artloom Carpet Co Inc No par Arvin Industries Inc. 2.50 9 12 28 91 Friday July 27 Sper share share $ per 9% 8% • Thursday July 26 1, July 25 ■' share $ per 9 8% 1,' July 24 $ per share I per share 5 Co of Illinois com & Armour Jan 11% Dec 13 Jan Par share 12% Jan 13 7% Jan 69 $ per t per share share July 21 Wednesday Tuesday July 23 PRICES SALE HIGH AND V Monday EXCHANGE Highest Lowest Highest Lowest Saturday STOCK YORK NEW Range Since Jan. 1 Year 1*150 • 7% ■ 1,000 44 *43% B 25 15% Jan 10% Dec 26 10 July 11 13% Jan 30 Babbitt 10 Jun 28 15% Jan 22 Jun 27 17% Jun 29 40 9% July 9 5 39% July 13 10 11 27% Jan 16 Bangor & Aroostook common July 17 74% Jan 30 64 17% Jan 8 3 9% Jun 30 13 y2 Jan 29 3 43% Jan 31 19 y2 25% July 26 14% Jan 29% Jun 23% Feb Jan 37 Jan 26 39 19 34% May 17 28% Jan 4% % Bath 9 12% Jan July 9% Jun 9 17 preferred non-cum Works 25% July 19 37% Feb 21 3 90 y2 Oct 21 78 July 19 88% Apr 3 7% Feb 7 13% Dec 18 10% Mar 13 13% Jan 9 29 % Jan 12 32% Feb 6 29% Jun 25 35 Feb 15 July 13 3 34 y2 Jan 30% Jun 7 33% Jan 3 16% July 9 19% Mar 8 1 28 % Dec 5 23 12 18 5 18 22% Apr 4 30 % Jan 6 Bell 23% Feb 9 Bell 94% Mar 9 Jan 28 24% Dec 29 18% Oct 13% Jan 12% Feb "May 11 108 9 15 Vd Mar 25 74 12% Jan 4 19% Oct Feb 10 100% Oct *85 17% Jan 18% 18% 38% 38 % ♦38% 203/4 21% 20% 21 26 % Jun 25 32% Feb 32 % Jun 26 37% Feb ■Best 46 % Jun 29 60 31% Oct 49% Dec 28 Nov 28 139% Jan 21 21% Jun 90 July 26 14% Apr 22 | $ per share 2.7 11% Jun 27 13% July 17% Jun 17% Jan Bliss Feb Bliss & 39 July 56 Feb Dec - 18 10 12 30% July Jan 60 29 11% Dec x24% Jan 8 8 17% Oct 12 Va July 13 38 30 Va May 24 20 9% Dec 12 9 July 17 51% Nov 16 46 55 Feb 73 % May 26 15 1 97 % Apr Dec 102 Jan 31 Jan 4 Borden 9 71% Mar 8 19% Jan 8 Co 40 2 16% Mar 12 19 31% Dec 28 105% Jan 20 31% July 13 44 Va May 48% Sep 53 26 Jun 29% Jan 3 18 17 14 49 74% Jan - 34% Jan 4 Jun 27 13% Feb 16 18% Jun 28 July 82% Jan 3 3 18 12% July 13 8 Mar 31 108% July 12 8% July 12 69% Mar 3% Jan 29 19% Apr 2 Feb 6 14% Jun 29 97 Va Oct 25 82% Jun 28 20 38% Jun 18 38% Oct 21 7 13 8 92 Apr 84 Jan 13 Va Jan 87% Feb 26 2 18 % Apr 18 27 10% Jan 19 24 120% July 25 25 11% Juliy 17 Oct 28 79 8% Dec 27 July 24 7% Mar 15 July 12 24% Jan 5 21% Jun 29 100 Dec 1 105% Jan 24 101 % Jan 8 2 x32% July 27 8 Feb 28 17% Jun 27 4 8% July 13 94 July 14 40 Jsn 15% Nov 3% Dec 29 2% Jun 29 8% Dec 28 26% Dec 21 8% July 2 22% Jun 29 12% Feb 24 11% July 28 98% July 11 41% Jan 2 106 Feb 5 43% Oct 9 30 21% Dec 11 Inc 2 153/4 Jan 4 21% Jan 2 14% Jan 132 > Mar Bush Bush Butler 10 May 9 28 % Mar 3 109% May 15 23% May 11 July 24 10 9 29% Jan 10 13% Apr 108% Mar 48 Feb 16 6 14 19% July 23 _ Corp 4%% preferred Butte Copper & Zinc Byers Co ( A M) common 7% participating Byron Jackson California Callahan Co Packing 88 •16% 17% 7 17Va 82 57% May 15 20% May 1 16 Jan 110% July 13 34% Mar 16 107 Jan 3 30% Jan 29 2 77 7 . ' 55% Mar 7 17% Mar 22 19% Feb 23 111% July 17 33% Mar 8 $3 14% 19% 20 19% 20 43% 44 45 453/4 :'.7, 44% Carey (Philip) Mfg Co Carolina Clinch & Ohio Ry Carolina Power & Light 4,500 2,300 33% 30% 77 14 Ve 193/8 19% 423/, 43% ■ . •/. 7 .. • . -7 20 ♦19%. .. 45% 44 :.v, 77 - 1,200 19% 19 3/4 45 14,700 , 3,200 313/4 32 % 7 32% 333/4 33% 34 333/4 338/4 30 3/4 7 303/4 30% 31 30% 313/4 30% * 30 3/8 30% 10% 10% 10% 10%. 10% 10% 10% 10% 10V4 890 133/4 13% I33/4 13% 14 133/4 13% 133/4 13% 5,800 10% 10s/8 103/4 103/4 1,800 7:7 473/8 7-7 46% 473/8 33% 77. 10% 10% 47 47 47 47% 47 62 Va 63 63 64% 62 % , 93% *92% 13% 14 7-7 46 Va 46% 21 Va 27% 10% 10% 10%, 47 473/4 62%- 92 92 13 Va 46% 27% ■f- 12% 12% .7 t .-7 ; *92 39% 40 *92 93% , 13% . 47 47 27% 27% 27% 12% 12% 13 Va 14 Va 45 45 ■ 53 53 *51 53 14% 6,800 31% 2,700 J 7 *523/4 54 52 11% 11% 11% 11% 11% 11% *11% *53% 55 53% 53% *53% *19% 19% 19 193/a 18% 21% 22 21% 22 *125 % 127 *125% 127 21 Va 21% 21% 127 ♦125% 127 15% 15% 15% 15% 84% *82% ',84% *82% 85 •39%. 39% .40 40 40 26% 24% 25 39 v 18 Va 96 • 18% 19% *84% 88% *84% 88% *84% 788% *84% 11% 11% 17% 17% 11% > 17 % 11% 11% 11% 11% 11% 81 81 79 80 79 80 8% 9 *105 7 ; 113/8 453/4 25% 54 12% 18 Vs •110 32% v 3/4 400 • 23% • 44 45% 26 3/s 193/4 ; 26% 48% 48% 19% 19 V2 *19% - - 12% - 54 12% ■18 Va 18 Vs 18 Vs 109 V2 109 V2 33 33% *19% : ' : - 323/4 X32% 32% - 2% 2% 2% - 8% 8% 83/4 9 23 % ^ 193/4 993/4 i, 19% 1,900 6,400 .;. 7,300 -■ 11.200 24 11% 1,300 - 18,000 ' 240 100 45% 45% 110 -.'7 19% 19% 40O : 26% 27 45% *44 24 11% 19% 44% 7 - 11% 993/4 11V2 *99 " 265/s 49% *49%- 19% 19% 19% ■ -27 • *49% 54 *53% 13 12% 133/s 18% 110% 333/8 18% 110 32% 18% 110 33 ■* 54 % 133/a *18 3/4 18% 45,400 :- 40O 20 Va 13% 54% 12 s/8 50% 19% *53% 50 Va 20 54 33 Va 80 -20% 49% 18% 2,400 x20 % 27 110 5,500 105 20% 26% - 8% 23% 1043/4 23 v2 11% 100 . 170 2% '•••> 23 % 11% *9.83/4 7 23 Va ' 90 2,700 11% 80 32% 7'7 8% 23 Vs - 11% 8 3/4 8% 23% 107 7.7 124% 80 10 4,100 11 *11% 7/ 160 , 10,900 20% 3 8% 100 110% 33% 23/4I 8% 1 *53 54 12 33 *44% ■ 48% 19% 33 2% 11% 26% 48% 33 *99 19%/ *183/4 32% 8% 23% 20% 23 Vs 11% - 20% 83/4 993/4 193/4 ■ -" 25,600 7' 17% .7 124% .t 7 81% 106 106 20% 2% - 7: 23% *105 20% 20% 99 23 23 % 106 . 11 11% 11% *80 9% 8% 19 23% 23% 106 ",v 122 122 122 120% .11% 2% .100 17 124% *121 •; • 88 77 17% 1,500 "' • 96% 11% *443/4 39% *95% 11% . 400 26% *39% 96% 11% , 26% 39% 18% '18 3/4 124% - 16,300 39% 96 Va 11% 8% 39% 19 11% *22% 7 85 26% 39 . 15% 963/4 17% 32% ..10 15% *82% 18% 17 •105 127 *125% 963/4 17% *121 6,500 18% 17 2% No par 393/4 2,500 22 96% 84% ,84% 32% 1 263/8 *38% 200 18% 96% : 20% 1 26% 39.% 7 2,400 11% 7:7 21 7; 10 55 133/4 V 18% 18% 96 26% 39% 26 39 - 85 *82% >7 200 11% 40 40 40 15% 900 54 *53% V 15% 15% *82% a. I 19% 15 Va 4,400 45 *52% 55 19% 1,400 7 . 353% 98 45 ■ 12 54% 7 353/8 98 77 443% • 293/4 77 29% 98 54% 20% 250 14% 313/8 52 *125 600 4,300 40 *38 Vb 35% 443/4 ,'7 1,000 7 • 13 Va 30%;' 35% *963/4 443/4 44% 45 , 46% 27% 31 Va . *29% 98 46% 14% 31% 7 v 36 •96 .98 *96 98 30% 10 2,400 21 Va 40 77 14% 31% 4,300 v-'"/. 14 l33/4 77:13 13% r 6,900 93% *92% 93% 7430 , 63 62 Vs 63 *38%. 14% 31% 36 .13 40 307s, 35% ■V 30% 35% ; 14% 31% '5 31'' I 30% * *39 40 14 -7 • 30 45 46% 12% 36 *96 133/4 39% 31 35% 13% 27 % . 30 13% 46%- 14 30% , 10 . " 16% 143/a .... 25 preferred A 14% 16% 143/8 13% No par Capital Airlines Inc 400 16% 16% V' : - 1 Mills* 35 14% . 14% *26% No par Capital Admin, class A common Shares -77 34% 16 3/8 34% 34% 16% 23% Cannon Sales for the Week 14% 23% 5 5 34% ♦34% Friday t per share $ per sh are 16% No par Canada Dry Ginger Ale com__1.66% $4.25 conv preferred No par Canada Southern Ry Co 100 13 July 11 - ■ 34% . 7 7; 77/— July 27 July 26 July 25 $ per share 14% 14% *45% Campbell W & C Foundry 16 Jun *34 170 17% *16% 17% Thursday Wednesday ! $ per share 34 *16% 3,100 PRICES SALE July 24 8% Feb 12 v 17% HIGH AND I per share 34 ■ Tuesday 83/a 293/a Feb 52 17% July 23 7 7-7 90 ♦88 91 ~R Calumet & Hecla Cons Copper. 22% Feb 11 88 1 61 Jan 88 5 Corp 48% July 18 July 26 88 10 17% Jan 27% July 27 *88 90 -• 5 Zinc-Lead 1,000 19% 13 Va No par new 12 28 - 36,700 146 1443/4 19 ., preferred—100 20 14% Dec 7 77. 51 % 50% 52% 145 193/4 10% 100 — Dec 14 51 Vs 32% 323/8 32% 32% 51% 62 15 Dec 2 • . preferred__100 common 19 43% Apr 102 33 Ve 513/a 1,200 7,000 13% .1 Bldg 7% 60 20 13 323/4 51% 18% 100 3 223/8 Dec 14 32% 50 % 7,900 27 26% 27 144% 1 com Terminal Bros 149,800 19 VB No par 5 Inc Co Mills Term 100 1 % 1443/4 1 — 14% July 13 13% Mar 30 Sep -W 32% 19% preferred 9 13 10% Jan 263/4 82% 1V2 18% 3% % 9 Feb 5% Feb 27% 273/, 82% 1443/4 preferred * 100 Burroughs Adding Machine__No par • 29 88 33 27 27% :v 1% 10 Va i. 5 100 .No par No par Co Burlington 4% 15% Feb , 27% ., 50% No par Canadian Breweries Ltd. Canadian Pacific Ry 8% Jan 27 % *82 32% 15 common (The) Co common.. Bulova Watch 4 15 *17 1% Feb 19 31 Oct 19% July 23 28% 1% - • Budd Jan 10% Dec 88 Co Bullard 100 15% Nov 127 Shoe $5 preferred * Buffalo Forge Co 23 % May 18 92% July 25 15% May 3 Roller- Bearing Bucyrus Erie Co common 7% preferred—7.— 2 47% Feb July 20 Aug" 17 1% RR— 30% Feb 23% May 24 37% Jun 25 83 Va 1% 18% 5 100 — 40 49V8 144% "when lssued"__100 new 45% Jan 19 Oct 100% 6 May 17 18% Jan 24 91% Jan *81% 1% Monday r-, 1,000 6 20O 7 49% 18% CLOSED .15 common Brunswick-Balke-Collender 29 126 30% Dec , 3,000 19% 7: 91 144% preferred Brown 3 23% Mar 1 123 May 23% Jan 12 18 91 62 Jun 40 16 53% Feb ,'i Mar 13 18% Jun 3 20 1 11 21% Dec 3 Jun 2 49 126 121% Jun 26 12% Jan 47 Jun 24 25% Feb 18% July 14 15% July 17 105% Jan 17 26 11% Jan NOV 58 2 1 37 Va July 19 . 38% Feb July 23 35% Apr 16 34% Mar 9 Apr 11 94% May 25 14% Oct 24 July 12 2 27% Jan 30 83% 28 19% 85 28% 28% 1% EXCHANGE J "when issued"_100 Co 5 Braniff Airways Inc.... 2.50 Brewing Corp of America 15 Bridgeport Brass Co No par Briggs Manufacturing Corp__No par Briggs & Stratton No par Bristol-Myers Co common. 2.50 3%% preferred ———..100 Brooklyn Union Gas com No par 5% cum conv preferred 40 Brown & Bigelow....*—H...... 1 5% Bower Apr IT 3 29 % May 31% July 16 13% Jan 36% Jun 17 29 23% San 23% Mar 24 36% Mar 20 -Jun Maine & Common 9 29% Feb 28 25% July 14 10 53% Feb 5 27 27% July 13 Apr 25 32% Jan 7% Mar 10 100 Jun 12 28% 7 283/4 28 Vs 71% 84 190 26% 26% *90 18 3/4 1.25 (The) Corp preferred 3%% 24% Jan 27 • 5 Inc 49% 3,600 50% 50 *81 % 28% 7 •50% 493/4 ' 103% Jan 15% Nov 27 Jun 20 13% Dec 48 3/4 STOCK No par Club Borg-Warner 27 Jun i Book-of-the-Month 12 52 29 89 27 25% Oct 23 14 91 91 ♦90 144% $ per share 7 17 58% Jun 45 7% Feb *90 ' No par Bond Stores Inc..———__.l 6 July .1 Brass Co class A.. 12 Jan & Aluminum Boston 9 90 ; ■;/7 15% 716% 7777 16 Va —5 -Jan 19 . 22% Dec 90 Class B 12% Jun 25 15 20 89 ' 7 ' _.l 2.50 Co Laughlin Inc.. Bon Ami 3 5Jan 16 13% July 23 19 Bohn May 14 44% Jan 9% Jun 25 45 8% Dec 26 20 •16 No par No par Boeing Airplane Co. 18% Dec 22% Mar 25 26 20% •88 " (E W) 21 18 28 15% Dec *17% 17s/s 25% 20 16% Par 41% Dec 4 3 900 7'10 7 " 17% July 21 Co 7" 2,300 18 303/4- 7 / 81 *80 *144% EXCHANGE Blaw-Knox 20% Jan 31 *17% 31 *32% 32% 31 24% Saturday ,rf 30% 18 32% 31% 49 % No par Black & Decker Mfg Co Jan 31 32% 19% LOW 35% Dec 13% Jan 22% Jan 39 27 19% Dec 13% Jun 40 32% July 15% Jun 32% 323/4 ■ 34% Oct 24 25% Apr 26 33 32% 17% x27% STOCK YORK NEW 12% 24% 1% .100 Birmingham Electric Co Highest $ per-share share $ per 3 Range Since Jan. 1 Lowest Highest $ per share July 17% July 24 2 123/s 19% 28% Bigelow-Sanford Carpet new (Del) 5 4%% pfd series of 1951 100 21 123/s 17%' (Del) com—No par preferred 79% 123/8 263/4 24% *81 5,800 27% 27% 27% 79 Vs 123/8 20 48% 1,700 7 140 79% 17% 48% ' ,7 * 1,900 104 26% 12 243/8 89 10 Va 36% 10 36% 104 26% 12 31 20 1,700 7 *77% 79% *31% 31% STOCKS Range for Previous Year 1950 Lowest 1% 155% Feb 88 17 y4 Jun 3 0% Jan 144% July 13 18% July 19 156 113/4 31% ....—..-.--------.--..l Foods Bethlehem Steel Jan 27 12 77 21 * 104 j 17 39% May 26 13 26 Va *76% 7 10 36 *103% 70 2,800 39% 7' 36% 36% 104 77 36% •103% 104 2,700 ; - 1,200 *20% 21 10 10% 10 Vs , 36% 103% 27 79% *193/4 2 31% Apr 20 10 7.36% 104 77 3,700 19 *38% 39% 24% 1 1 1V8 Jan 25% July 14 10 V8 10% 36 % 10'/a 31 11 1% Jan 19 19 31% 28% July 26 30 19 20% 48,100 ' 19 39% 19 76% 77'' 76 20% 20,300 , 65% 76 *38% ' 7 ' : 18% 18% *64 75% 18 3/4 ■ . 65% 7 *64; 20% 113/4. 5 84 % Jan - 77% 75% 39% 26 y2 10 77 65% 7 *64 76 4%% 10 39 % .77 65 *76% 29 July 23 39 18 76 36 .10 common 39 173/4 -7 65 104 J-un 2y8 Jan 26 30% Jon Co 39 77 173/4 17 % 75 ■i 21% Jan 3 23 Jun Howell & 39% 17% 38% 17% 64 __1 Beech Creek RR...—.—-—...50 Beech-Nut Packing Co 10 Belding-Heminway Aircraft Corp— 38% 18% 38% 16% 18% 46% Jun 89 Feb 90 14 1 8 19% 203/4 59% Feb 26% May 20% July 27 Dec 2 Mar 10% 18% 10 Va • *38% preferred ——-—100 Bendix * Aviation ~5 Beneficial Loan Corp common___10 Cum pfd $3.25 ser of 1946_No par Benguet Consol Mining Co—18 pesos Best & Co 1 53 V2 Dec 13 34 y2 Jan 79 107 10% 18% 77 1,000 10% 10% 183/8/ 74% Beatrice Foods Co common 8 103/8 l03/4f 19% 18% 7.: Beech Aircraft Corp...— Feb 98 Mar 10 Vs 11 VB 18% 38 ♦63 12.50 3%% convertible preferred—100 Beaunit Mills Inc common 2.50 Beck Shoe (A S) 4%% pfd 100 38 31% Jan 99% May 10% 103/4 v.; 183/4 16% No par Inc— Cigars Bayuk Corp.. 10% 11 Vs 7 10%- 373/4 50 1 preferred Iron 10% 17% 50 5% Convertible 77% July 25 2 -Jan 59 4% 10% >7 H 10% preferred 100 Barber Oil Corp (Delaware) __—JO Barker Brothers common— .10 20% Feb 15% July 12 35% Dec 45% Feb 2 15% July 74% Aug 17 61% Dec 28 12 Apr July 19% July Oct 28 3 17% Feb 63 Baltimore & Ohio common 17- 34 2 2 24% Jan 28 Dec 10% 1 —13 100 100 Baldwin-Lima-Hamilton Corp 3 20 y4 Dec 28 15% Aug Inc T) (B 110 323/4 110 323/4 > r 1,400 - • i 110 6,500 2,600 230 4,600 —4| For footnotes see page 24. Volume 174 Number 5033 . . . The Commercial and Financial Chronicle (371) NEW YORK STOCK RECORD Range for Previous STOCKS Year 1950 Lowest Lowest Highest $ per share 30 % Jan Range Since Jan. 1 $ per share 3 50% Dec 46 21% May 20 39% May 13 10% Jun 16 35% July 13 56"% Nov 140 Jan 3 156 130% Jan 29 "'• 9 141 c; Aug 18 13 140 21 15% July 14 17% Apr 15 i.Jan 4 Jan 3 Jan 3 155 • May 24 Jan 30 2 Apr Jun 18 • <• •<? 10% Mar 29 9 <•' 2 <38% Feb 10% May V Feb 27 105 Apr 27 Dec 20 16 Jun 25 9% Jun 26% Dec 20 15% July -13% Jan 2 27 12 July 27 12% Jan 3 24 6% July 14 17% Mar 30 •< 1 16% Mar 12 9% Oct 20 20% July 8% Jan 34% Dec 28 33 % Jan 11% July 26 18% Apr 29 25% July 12 36 Dec 29 30% Jan 3 49 Dec 5 107 Dec 18 Jan | 6% Dec 10% Jun 8 : ' 26% Dec 5 35% Dec 25 July 76 Jun 30 90 % Dec 28 80 15 17 Dec 29 14 9% Jan 21% Dec 3 18 10% July 12 15% Apr 13 32% Dec 11 19% Jan 3 37% Dec 14 7% Jan 3 16% Dec 21 , 4 $4.50' preferred Checker Cab Mfg... i 38% Feb ; 2 23% Feb 24 2 17% Jun •27 Feb Feb 9 33% Jan 29 x28% July 3 12 % Jun 29 19 5% J-an 5 10% Dec 30 8% Jun 25 14% Feb 13 23% Dec 28 17% Jun 25 30 Feb 9 27% Mar 30 : 51% Dec 27 39 % Jun 28 59% Feb 9 11 22% Dec 28 ,19% Jun 25 28% Mar 3 Jan 3 27% Jan ! 3 44% Dec 26% Jun 30 43 * 17 11 40 % Jun Dec 26 36% Jun 77 62% Dec ■ 25 52 3/8 Feb 38% Mar 28 27 53% Dec July 12 9 54% Feb 20 13% Apr 82 5 Feb 6 •' Sep 11 7% Jun 22 July" 19 62% July 13 • 84% Oct 39 9 ! 16 8% Feb 8 50 Feb Cotton Co Sper share 347/8 Feb 27% July 26 103% 26 July '41% Dec 24 15 V 31% Jan 4 100 29 36 % Dec 24 V 30 68% Mar 22 3 107 29 f. 43% Jan 30 ~8% Nov~20 Jan 3 93 V May 12 28% Dec 19 16% Feb 16 -6% Jun 34 | 8 8 % Jan V; 18% May : < Marll 1 Jun 72 Mar 30 Sep 23% July 13 62% Jan 31% Dec - 4 Jan 12% Jan > « Dec 102 5 34% Dec 26 165 1004 > Dec 21 < 18 Jan 27 :• 22 Oct •,.! 13 * 13 % Jan 25 87% Jun < July 26 .10% Dec ,57, Oct 11 13 14% Oct > 24 • 10 21 % 22% 225/8 233/8 225/8 23% 44% 45 22% Mar 138 ; Jan 94% Jan 11 10 < 23% Jan 29 26% Feb * 29 3 61 243/s 8 60 3/8 487/s 493/4 60% ,47% 48% 82% *80% 83 Jun* 4 18% 4 , 1 9 65% Mar 19 48% May* 4 22% Mar 10 . 2 STOCK ' "t; • EXCHANGE • •12% 40 67% 675/a Columbia «-$4.25 Pictures common_%.No par ww .No par preferred cum No par Columbus & So Ohio Elec Co__^ 8 45 % 24% 24% 38% Nov 30 43 % Dec 18 67% Jun 1 45% Jan 8 55% July 5 24% Nov 18 22% Jan 8 29% July 24 Commercial 33% Mar 16 27% Jan 2 31% July 26 Commonwealth 9% Jan 2 15% July 26% Dec , , 12 8% July 18 20% July 12 25% July 13 3% Feb 15 26% July 12 106% July 19 Hi/4 Feb x36% July 11 3 301/4 Feb, 6 23 Feb 6 25 7% Dec 28 41 Jan ,11% Feb 2 28 Jun 6 3 18 - Conde Dec 20 105% Sep 26 10% July 13 9% July 5 40% July 28 15 Jun 27 10% July 13 9% Mar 8 .10% Jan 25 28 Dec 7 109 Dec 7 108 Sep 15 28 Dec 101% Jan 4 11 14% Apr 24 88 July 28 30% Dec 102% Feb 4 3 27% Jun 36 243A 14% Sep 25 12% Jan ' 35% 45% 43% *58% 60% 59 60 % 48% 473A 48 10,300 83 82 82 2,100 48 12 ' 17% 37/a *113A 12 *17% ' 4 18 -v 40 40 68 3/8 4 *113/4 35% Jan 20 Consolidated Cigar.. 11% May 10 31% Feb 27 Consolidated 693A SALE * : ;; ■iv; Jan 106% Jan 2 4 108% May 28 24 Jun 29 10 115 47% Feb 6 45% Jan 22% Jun 12 Feb 10 12 25 28 3 19% Mar 11 22 Feb 107 July 17 13% Dec Feb 3 1 61% July 20 34% Mar 21 Mar 30 16 Feb 5 17% Sep 22 12% July 19 18 Feb 3 18 21% Feb 26 19 Dec 36 Mar 16 14% Jun 25 30% Jan 2 113% May 12 104% Apr 23 113'A Mar 111 106 110 32% Dec 11 106% Dec 29 19% Jan 100 May 32% Jan 100 24 34% Mar 4 2 41 Apr 23 17 Jan 24 93 23 32 % Jan Jan 8 99 Preferred 4% Consolidated 9% f 41 40 67% Thursday " V July 26 I per shore 5 & Pwr 46% i 40 " series B *70% 30'/a > 49 92 203/, 46% *48 V. ..27% 20 3A 11% : 1323/4 — 48 88 ,*825 483/, t' 18% 21% t. 146 49% 4: 46%. 7 273A . 49 < ;*825 ; i,'; V 27% 28: 14 < V 48% 104 28% < 27% 14% V 113A *58% 60 43 43 43% 42% 43% 203A 20% 203A 20 3A 13% 14% 113A * . 113A *58% 43% 203/a 60 44% 92% Jun 8 Jun 25 17 13% Dec 30 Jun 21 11 64% Feb 1 9% Dec 28 7% July 48% July see Jan 11% May 19% May 121/* Jan 10 78% Jan For footnotes 106 28 / ; 9 1 1 38% 39% 39% 543A 55 54% 55% 29% 29% 29% 29 29% 30% 30% 303/a 30% 30%. 31% 10 10 10 10 26% 26 3/4 27% *263A ■ 26 3A 26% 9% 9% 31% •j 9% 31% 108 10% 26% 27 27% 27% 10 24% 107% 107% 243A 243A 243A f 49 ' 91 19 V, 46 j 22% , ' 293A 108'A 108'/4 ♦107% 997/a *983/8 993/4 98% 29% 13% 12% 16% 163/8 16% 5 10% 10% 10% 10% 593A 44 58 59 )?;'■ 27% 27% ;• 12% 12% 12% Consolidated 12% Inc lOo 12% 123/4 123A 12% 1 16% 16% 16% No par Corp of Amer 33 No par No par com 107% 108% *106% 106% 10 393/4 com 4% preferred 100 Continental Baking Co com—No par $5.50 preferred No par Continental Can Inc *103 4,500 20% 20% 205/a 2.800 $3.75 preferred Cont Cop & Steel Ind Inc 5% No par Continental 78 Jan 3 Continental Insurance 2 11% Jan 20 Continental Motors. 2 56% July 25 Continental Oil of 1 Delaware 31% 31 31% 25,700 20,500 2,100 33% 108 33% r:. 10% 10% 10% 26% 26% 26% 29% 29% 29% 1,000 10 10 10% 14,300 313/a 31% 313/e 20,300 107% 107% 39% 40% 103% *103 107% 900 24% A 24% 24% 5,000 108% 109 107% 24% 108 % 107% 1073/a 60 98% 163/a 99 99% 16% 163/a 99% 16% 2,200 10% 10% *10% 110 10'/a 58 58 3A 58 58% 58% 583A 5,900 27% 27% 28 27% 27% 1,300 12% 12%' 12% *12% 12% 10% 1,900 500 123A 12% 12% 12% 12% 12 3A 2,200 17% 17 17% 16% 17% 19,100 33% 13,100 ' 33% 107% 106% 40 1,700 A; 163A 108 *106% 3,800 •106% V 33% 33% 108 108% 106% •106% 33% 108 3A 1083A 106% 106% 40 40% 40 40% *103 103 3A 33 108% 107 1033/a *103 103% 40% *103 450 20 41 6,400 1033/a 18 18 is 18% 18% 93 93 93 933A *93% 933/4 93% 93% 37% 373/4 37% 37% 373/8 373A 373A 38 6,400 97 953A 95% *953/4 97 100 10,800 *96 97 •953/4 87/a 83/4 18'A *17% 14 14 14 67% 673A 67% 1 v 4,100 29% 18 8% 10 55% 28% 37% *17% 5 40 55% 94 37% 2 preferred Diamond,Fibre 40 *17% 25 com convertible 16% Feb 21 , 40 *93 20 common 33% 1,200 44'A 10 12% 163A 23,100 . *27 V, 27% Consolidated Vultee Aircraft 12,800/ 29% 31'A 163/a ♦107 % 14% 12 *58% 10,200. 53 •. 9% 98'A 16% 110 29 % . 10% 24% 16% 140 > 28 107% *96% 490 48% 26% ' 10% 108 % 20,600 - 46 .. 28% ■ 3,100 „ 46 . 48% *44% UO • 31 313/a 100 1,500 4,500 • ' 27% 24% -V 900 111 29 55 ; 10'/a 107% V 73A .5 52% 7%-! 53'A < 7% i" 53 4 8>a ;■ Vl- 83/4 8% ' 18% 97 18 ♦95 18 % 1,500 70 9% 8% 9 *17% 18 173/4 173/4 17% 18 14 133/4 14 133/4 133/4 133/4 133A 1,000 67% 67% 68% 67% 67% 67% 673/4 2,200 18% 7% 55 7% 55 8 563/a 8% 8 54% 8% 55% 8% 9,300 553A 17,800 8 543A 600 page 24. V:;~ 2,400 »•Y. 10 - ' 108 60% Container f" 39% ' <27 ? 10 26% Co 393A 31% :/ -313/a 59% Power ' , 31% . 107% July 19 383A 55 28% • 18% 21% 46% 29% 12 v : 91 . 49 28 ' 4,000 190 1,900 ; 48% 29% ' 28% 11% 46 *45 f 28% 283/8 20% .33% V , 89 E 111 20 7,900 303/a t • : -30 , ♦825 18% 22% 49 - *87 ; 9iya 21% 46 i 54% ... * , 4%; ' 4% 31% 31% •132% 133% 49 ,T 60 1. 1,700 ■4X-. 50 2,900 .. 35 30% 89 18% 46 14 • ,42 34% ♦103% ._ „ 14% 11% ♦58%, V • " ' ; % 4% 111 90. 49 46 283/a 1 . 133% : 110% 46. 42 ;. ; 21% > 20% . *87 48 3% 46 rr -' 3L% ♦1323/4 90% 29% i8»a: ♦48% .... V 90% 21% ■•*45 r 3t ^ V t 46 '■ '• - «: 48% *70% . . -104 «Y* 111 18% 11% ..' *58%. ,60 88 92 30 32% 723/8 .•• ,,*41 35;?:; i- - 104 ' 46% -10834 , ' UO -1. 30 : 4% 303A 313/a *1323/4 13a% 87% V 30% 104 32 42 34% ' 900 90 - . 46% *108 400 880 • 160 *85 71% *40% ! 20"% 5. 14 . < 111 ♦90 27% 27% 13% 1 • . 46% 49% 45% 45% ; ■* 92% 18% 203/4 18% .. ; *825 1 104 ' «V''4% 30% 87% 30 r " 18% 32% 32%* 200 3,600 - 45 *140 • v 29 913/4 1083A 71% 40% 34% '.35%: / ' '30% /104 %. , \12 40 ; ,4% VV V/ 48% V> *108 28%. *18% 46% v 89% -913/e - 7,800 33,200 >9% , <45 - 90 t. 46% 32% *71 , 343/b 30% 30% *825 32% 42 4% *1323A V 108% 33 "72 104 , 30%. 160 *85 ' 108% 33% 30% 30% *10i 1Q4% . 183/4 91% 44% 470 1,400 - 115% *9Va ; 2,900 53 - -108% ,r 293A *140 90 108% . *71 ■ wV 4; 28 3A 44% •; 46% *40% ' 33% 4 < 463/b 100 preferred preferred Shares < 32 »A *88% 91% / 160 ; *85 : < 443/8 Corp_i._1.33% Co Sales for the Week V 36% 523A 9% 18 3A 91% ; ♦140 90 108% *9 < ' 46% -108% 72 - 160 46% 15 Textile 28,600 101 32 - *88%' .92 i8% 913A 44% 32% 42 333/4 18% 43%- 36%♦100% 523A 106% ; 92 3d 91%' Consol RR of Cuba Q% pfd^ 100 Retail Stores Inc____l Consumers 450 68% July 27 323/8 ■ ' : 32 *40% " No par series C___ Grocers 1,100 t per share 100% 52% 9% 91% *85 *32 / 109 3/8 ; ,30- : 100% 52% 9 19 ■ 323/a *88% 30'A *140 107% 101% - V;i-r 107 43% . 43%/ 90 >. r,: 92, *183% 365/a 100% 32% 52% > 9'A 19 91% 32... 108 % 30% *46% t V *88% *85 - . V Co common 100 ' 12% Friday v 363A " 363/4 %,per sha^e *100 52 3A ;:'V*9 160 - Consolidated $4.52 4 Lt 500 5,500 PRICES 36% -- . 323/8 30% 91% par Consolidated Laundries Corp Consolidated Natural Gas $4.50 May 28 39% May 2 Elec Baltimore 2 July 27 21'A Mar 2 Gas of Preferred 4%% 400 4 12 68% j 68'/a Wednesday „ 36JA 101 V106 % 92 *140 5 Consol Edison of N Y com.j.No par $5 preferred No par 11 106% Jan 16 July 11 Jan 41% Jun 1 8 July 17 50% July 13 5% Jun 29 26% Feb 24 106% July 6 98Va July 19 13% Jan 2 2,000 18 3%' • 12% 40 ' July 25 ', 52 :• 106% --"43% Coppermines Corp : "3,100 ■ 12 *17% V: 4 V 12% 12% 12% i 323/a 52 *18% par ...No par 29 28% Dec 4 Co 25 ' 28 Jan Edison Nast 18.300 45% 43% *81 V HIGH 100% 32% 51% 1043/8 *9 No par 25 Jun 30 19 117% Apr 12 108% May 24 Solvents Publishing C0__.N0 Congoleum-Nairn Inc.. .JNo Cons 23 112% Dec 18 ..No par 10 7 y8 Jan 33% May 19 109% Mar 18 • 45% Jan 29 f " 45% ■f Combustion Engineering Superheater Inc.. Commercial Credit Co 24% Apr 26 99,300 12,300 42% ' I per share / 1003A 32% 30% Corp__.__No par Columbian Carboh Co"-—--. 1,600 •44% -:V 6.200 10 23V4 U2% ' 83 17% ; ••;■• 40 v 683A Tuesday July 24 93A 22% ' " 12% AND 143/a 451/4 12 4 40 ""*88% Columbia Gas System lnc___No par • *82 18% 4 1323/4 non-cum lst preferredir.'.^ 100 non-cum 2hd ,preferred2__100 Columbia Broad Sys Inc ci A 2.50 * Class B ^ 2.50 ■•V.I; 12 *17% • 12% 100% - -<*■.4% 14% Feb 23 4 ' • - 5 -.^i'4% -Apr,<13 32% Apr 13 14% July 13 2 12 12% ; 110% 54% Mar 17 23% *58'/2 *581/2 47 ' Colo Fuel & Iron Corp com_%.No par Colorado & Southern- Ry com 100 33 ' < . 46 133% 87% 56^>F«b;..24 9- , 42% HI ; 143/a 45% 36 ___.1Q0 Aikman 14% 233A /111 & 14% 10 42% J- *87 v CoUins Mar .19 2,300 14% 10 46 $ per share par par 9,800 30 42 July 23 100 ;_..__No 20% 29% - Co preferred" 19,400 20% 30 453/a ..100 $3.50 143/8 203/8 30 413A Monday com.„_<_No par - 2nd preferred..- cum Coca-Cola ; v Jutt <29 39% Apf19% Jan 6 55% Feb Jan ,10 58% May * ; 18 14% 20% 30 45% 66% 7%/gtd---V50 preferred 14% 20 3A V 42 (The),com No par Coca-Cola,;lnternatl ;jCorp__.-_No par Colgate-Palmolive-Peet com__No par 12 Jun 7% V 4% 3 Jan - < 3,000 45% *37 ; 20 C C C & St Louis Ry Co com.^.100 r 5% non-cum preferred.^__r__100 16 9,200 44% 4 12% CLOSED Pitts RR Co 16 3A 23 % 44% 123/8 10 ; 16% 23 24 *17 ; 100 conv«,preferred 17 23 42% 82 2..f.-«CIopay. :Cprpr<r'. 29 12% Jan 4%% ,v 163A 223/4 223A < 400 173/8 143A 423/4 60% 18,000 82% 24 23% 47 s Special -gtd 4% stock__ 50 Climax Molybdennm.._i„_i_No par Qlinton Foods Inc common-).-____1 ,. ;,4%% cum conv preferredi___100 27% 5,% May \ 36% Feb- 27 V Cluett Peabody- &'.Co 25% Jun. 22 ; 25- 43%Dec285 "V • , 29 i v 37% Jan ■V 35 % Jan 13 72% Oct 8 July 11. 14 11 40 30% Jun 29 18 % Nov 21 109,% Jan . 18 16% Jun 25 19 % Jun 36V 21 40% Oct 14% Apr rJuly 12 11 <•<• 41% Dec 381% Dec • 14% 10 i 300 30% 16% 443A par preferred Cleve & 34-'A Apr 16 y 28 Jun 31 5 800;. 6 25% July 11, Jan 132 21 •16% Jan 14% 9% 21% 37% *81 14% : 41% Cleve Elec Illuminating com__No par $4.50 preferred L_.____i._No par Cleve Graph Bronze Co common___l <i\i 30 860 10 V 23% Oct 37% Dec f 15 Jun 5 44!/2 Feb 101% Jun 26 50% Nov 24 / "45% Jun .16- 13 29% July 17 84 3 Oct < t14% Mar 30 Jan 37% May 403A Apr 131% May 16 1101% May 22 •14% July 17 Jan a 5 ? v V 3% Mar 24 Dec 28 92 ' 7 .37% July 17' 95 >- <■ July 17 5 July,25 July 12 IB 14% 9% 14% 41% Clark Equipment? Co tf 5 Apr 25 74 Mar 15 Feb 30 9%, 16,600 233/B V 22%. , 23% 10 City Products Corp. _.__No City Stores Co common...... 15 Feb- 48 69% May 22 28 143 20 29% 13% 20% ~-8.50 Service 5%% t , 26 111 * 26 39% July Mar 14 " 5 % 'Jan 134% July 27 <,70% July 17 946 : 17 Cities 7 ;?90 4 21 30% Jan 29 ';*• 53%Feb..14 155 13 % Jan- 42 106% Jun ".112%.Mar 16 22 112% Dec •*' 24 100JA Feb 4 -37% Mar 15« ;> 30 3% July 11 --Mar 27 ' 2 Jun 84% Jan j 8 4 29% Dec 28 ;> 43 3' 29 V» July 17 99% July 12 -' Nov 19% 291/4 *9% 100 Jan 21% Jan ' 73 183A 29% 13% 13% Saturday Cor: Jan 18 P City, Investing Co< 32% Mar 38 % Apr ' 9 150 " 3 37 ' 47% May *112% Mar / 6 i 29 19 Nov 18 Sep 87 38% July 26 X108 40% Dec 150 2 89% May * 24 138 22 /', 143/a LOW preferred 81% 5,700 3/8 30/8 30% 5 V2 % 37 29% 81% 14% 18% 25 Cincinnati Milling Machine Co C I T Financial Corp ' No liyk 27 ' 20% Jun 23 ■ V 4% , > 37 30% 36% *82 70 53/8 % 83% 36% 30% v 102 *36% % 21% 13% July 21 r I per share 102 6 «V 16 *29 STOCK 93 3 85% Jun 26 115% July 27 S 28% July 27 •; Mar .15 Feb 38%, Apr 27 53% Apr 19 A 2,100 103% 15% 25 com 1.500 59% 15 s/8 25 Cincinnati Gas 8s Elec 173/B 39% 303/a 36% 20,800 163A 59% 81%> *36SA ; II,500 38% 5% ; IOO 433/4 40% 17% *102% ? 1,400 93A 60 593A 14% Par 36% July 26 r May 17 Jun YORK 103 6% ; 21,600 23 38% *38 21% 1 preferred.! :;V: 6 • - 293/4 10 $ per share 84% Mar 28 82 Oil.... 60'/f s103 •? .6% 16% 38I/2 60% ; 42% 15% EXCHANGE . 103 6 37y4 •> *9 413/4 600 14% 23 9% 81% No par common NEW Highest f per share ■ 109 % Mar 3 Jan Range Since Jan. 1 Lowest Highest . 6% STOCKS Year 1950 Lowest $per share 60% xl4% 23% *83/4 80% _100 Chile Copper. Co.t.;—— Chyrsler Corp 14 19 36 l ' Range for Previous 19 29% *58 cum- conv 2,200 19% 36 preference_.No par 5% 20 19 '/a 293/a com__50 preferred Chickasha 38 103 1,900 107% "80% 50 convertible Childs 13 •823/8 Apr 2 6% V 16 3A * _r— Chicago Yellow Cab____. 19% Mar 30 26 65% July 16 V 19 Jun Jan 102% . 16% 59% 59% 102% __.____l.25 17 37% 37 58% No par Chic Rock Is & Pac RR Co__No par Conv preferred series A______100 3 19% Jan 12 Jun $3 9 13 3% Jun 22 19 Dec 44 61% May 94% Feb 5 16% Jun 12 29% 64 July 23 F 113/4 jun 19 19 14 ! 58% Apr 27 >** 46% Jun 29 88% Mar 17 11% July 26 13% Jan 4 : ; 3 % Feb 28 37 43 16% 17% No par Chicago. & North West com__No par ' 5% preferred -'-____-___i____l00 Chicago Pneumat Tool com__No par ' 53% Jan 16% 9% 413/4 2,900 19% . 23% 9'A 1,800 ' 93/4 35% 19% 14% 23% 9% 42 % *9 40% 46% 35% 19% 14% 23 9 40% 175/8 • 19% 23 23 *8% par A 1 108 23% "" 23 500 107 % 35% 14% 39% preferred Series : - 95/e 19% 9.50 3,900 2,400 45% - Chic Ind & Louisv Ry Co cl A...25 Class B .No par Chica Milw St Paul & P No 5 7% Jan , *107% 20% ♦19 2,300 9Va 17% 14% 20 193/4 9 95/8 14% No par com 193/4 45% 35% 108 17 18 9% 19% __ 16 17% •'; 45% .»•■ ' • 16% : 9% 14% Rights 2 Jan 35% 20 19% 9 19% 1 _ Chicago Corp (The) Chicago Great West Ry Co 9 38% Feb • 193/4 17 19% 3%% convertible preferred___l00 Chic & East 111 RR Co com No par > Class A ; —Li*. 40 13 <17 34% 163/4 14'A Chesapeake Corp of Virginia 5 Chesapeake & Ohio Ry common__25 -8 90% Jan ; 19% I,800 9,700 17 ,; 9% ♦107% 12,700 17% 16% ♦ 45% 9% , 54% 150% 53% 14% Corp Champion Paper & Fib 9 <20% July 12% Jan 10 11% Jan Copper Chain - 108 IOO 114% 54 5 5 2 V' *107% 4,800 113% 9% 44% '• 20 44% 103 % *149% 18 , 35% 150 44'/a 103% 150% 163/4 19% f 9% . 443A 103% 114% 16% 8% 1,800 2,900 *113% ■ 16% 19% 200 10% 67% 53% '*1491/2 115 , 17% 44 9% 108 < 443/a ♦102 150% 16% 1,700 6,700 45 ' 54 114 • *148 45% ♦149% 17% 35% 19% No par 3 % July 26 37% July 13 • May 24 28 Co___- 9 9% Jan 16 *107% *148 9 43% 9% 35% ■ "34% 150 150 103% •,♦16% 8% *42% 4 43% 67 t 19%-, 17% r""9% 67 19% com Mills Belt Co 9 *103/a 66% 17 19%' 17% 10% 67% Shares 54 22% *44% *18% Corp 63% May Apr 27 4% Feb Pasco Certain-Teed U 8% 17 * 45 16%. *16% *44% 50 Sugar Ribbon De 16% '20 " 22% 50 ; Violeta Century Cerro 28 107% Feb 16% *53% 22% 10% 53% ; 114 16% 53% 21% 10% *102 150% 113% 16% "19% _______100 40 % Feb - % July 26 f 29 Jan 2 28% Jun 26 Oct" 24 32% 6 15 Central 18 17% Feb . 5% July 27 «... 1 2 100 % Mar 15 2 'iii 11% Jan *149% 113 52% 45 44% • 53% 16% 53 *148 44%r< 150% 113 the Week $ per share 67 103 % 53% Sales feg July 27 4 • 10 % ' 150 44 *102 Friday July 26 Sper share 22% 22 *44 53% ♦149% V 22% 45 *148 44 103% 52% • common Central & South West Corp May 11 - 67% ' Light B 66% l ... preferred Class 66'A 21% 148 43% 5 Central RR Co of N J class A 46% May 17 2 45% Jan 9 27 » 5 33-% Apr 1 29 98 15 % Mar <" 25 14% Jan 2 10 % *102 Ga Ry Illinois 4%% • 2 28% Mar 2 Sep Mar Central ( 10% 148 preferred__.________100 of x52% 10% 66 CLOSED 10 s Co.i. 53 10% STOCKV Co vtc.—No par •;i - 5% preferred series B vtcJ—.lOO Central Hudson G & E Corp__No par Mar 26 29 < - EXCHANGE 100 Aguirre. Sugar Foundry Co Central ; 35% July 27 '112 % Feu 15 17 8% July 17 10 , cumulative pfd conv 100 Corp common...„.No par preferred 20 Central 23 Jan 113 5% 23 32 % Jan 2nd Central 1 24% Feb > I'/o 4%% 50% 21% 45% *44 Thursday S per share 45 Corp__„______i common. $ per share 50% PRICES Wednesday July 25 21% 50 preferred .Celotex . 6 ,57% Feb 9 1 ■■■ 17% Mar 22 , 16 % July 39 % Jan V,. >- 5 -20% Jun : *50 10 series.. Tractor S per share Preferred 4.20% —1 100 Celanese Corp of Amer com__No par 12 116 8% Jan 26 19 4%. General July 24 5 common.... SALE Tuesday July 23 I per share Co common____._„__25 Caterpillar 13 >18% Mar & (J I) 1% 3 Feb 152, 2 15% Jan 26 6 56% Feb < '•18% Jan 17% Dec . 110% Feb 18 Mar 106 10 Case HIGH Monday July 21 Co.L Steel Corp preferred Carriers 7 19 55% Jan Mar 26 '<14% Jan 39% Dec ' ;8% July 13 July 13 • 10 Conv 11'/a May Apr 30 20% Aug 29 11% Apr 6 • 3 7 % July 17 15 Jan \ Carrier 68% Jun 105% May 24 13 % July 13 9 2 43% Jan Carpenter 15 Mar AND Saturday , Par 45% July 13 2 Jan 43?: 100 29 LOW STOCK EXCHANGE 56% Jun > 25 5 9% Jan 145 Mar 47% Dec Jan 52 1 Dec 106 29% Mar 21 2 15 May 55 32% Jan 27 103% Dec 22 2 -35 YORK $ per share Apr 18 % Jan 15% July 13 33 % Dec x7% Mar 13 19 Highest f per share 28 NEW . 1-y.. A., I 15 16 Monday", July 30, 1951 Chro The Commercial and Financial (372) NEW YORK STOCK RECORD Range Since Jan. 1 Highest Year 1050 27% Nov 25 32 Feb 26% Jan 12 31 Apr 18 55% Mar 13 54% Jan 10 Jun 12 Continental 1 27% Nov 24 22 i 2 July 26 22% Jun 28 55% July 42% Jan 22% Dec 28 53% July 25 19% Jun 29 25% Feb Dec 41 17 14% Jun 27 A \ Steel Cooper-Bessemer $3 prior 9 ' .—No par 51% Oct 24 . Mar 17 49 50% Feb Convertible 20 pref 17% Apr 22 13% May 24 17% Feb 3 GO1/* Jun 72% Jan 2 Corn Exchange Bank 13 18 102% Aug 17 Apr Oct 76 105 100% July 11 ,72% Jan 93% Jun 13 1% July 13 2% Feb 30 % Jan 6% Mar 3 Dec 19 78% Apr 10 3 6% Jan 28 2 2 26 Coty 12 Coty International Corpi— 18 2 12% May 5 Creameries 25% May 24 ,29% Mar 7 Cream 3 15 4 Crown 94 Jan 19% May 2 27 41% Oct 19 35% May 22 39% Feb 13 49% Dec 28 48% July 3 56 102% Jan 11 Jun 28 106 16% Jan 3 105% May 100 5 31% Jun 29 44% Jan 29 79 Jun 28 95 Jan 30 '■5% Jan 6 23 Jun 26 32 Mar 20 Cuba 25 ,. 180 13% Jan 19 9% July 17 July 13 26% Nov 22 July 13 10% Oct 25 20 Apr 10 Jan 5 Cudahy Mar 8 4%% 13% Feb 3 10% Feb 27 3 55% Jan 28 12% Dec 18 24% Aug 8 138 Jan 20 32% Dec 29 * 21 v 17 100% Jun ; 148% Nov 25 , - . 48% Jun : 2 2 128% May 23 jun 10 9 27% Feb " 24 Class'' , A_ Cushman's 35% Feb 24 v ');Z-' -"V -7" ■ Sons Jnc 7^ >*..'? 97% - , 27%;:27%-;m%* „.27;% -z-i ■ Yiwztfvz:. ■ - ' l .pfd-litlOOfc^^w^A :.Z Jnc—No par >128 7' - . X ^2<%. 131% 7 7*128; :i31% ( 30% 31% 31 30% < 24%. . -104 • • *51^7.51^7 TATTOO17,7"7 'irt " inv»^^4n,2oO. - ;r'" ;io v io%^y|y4o>2oo- ; 10% -° '24 ;247 :-.24i/4 V 23% ' "23%-'-23% *128«•* 131?% A•"**128* 7131%, 29% ; 29% >' "29 ' 3ol/a, io4 -A V 104 .•751'7 51% '"7:23% . 7*11>200 IZ,-30* ■' /-*•, v»; ~7% " *102^ ; —1 Cutler-Hammer 4%y;,*7i.ooo o«nn * or. 01/. 35% Prior ' 10 ■' 29 vWij a 7-4,100 . 4% •-'•*94%. - preferred^.—--4—-No par,-, AT Curtiss-Wrlght common—1 ;l, 12% Jan • i. J *[ 0•/ ■r-Jir 171 J-,; -' i7i^y r ;: 20 20 »i7o% } "?W" '2% 33%": 33% Publishing.common—Nopar*A^ preferred^^-i-'-Li-i-NO'Par ^r^^ A 87( 132% Jan 8% July 23% July V28 Jan 57 4 Inc_'_-_,--l_-—: v. • ■ :7 *94%. '97% 1Q1 % - 35 •_! Cunningham Drug Stores Inc—2.50 15 ' 28 Press -'-1,900 71%-"72%y '1 nhxL ♦ 171% '• *80% *82% ,7 *80% —*"'25 :"25 - r;*25%" ; 100 preferred- ;• 22%,. 22% ^ Co>commoh-^10"Z&'ZiX Packing ■ • 10l« 701 , '7-101% 10,2% I ^10^% 102% ' 7!. A35%" - 36%, .rl?"38%%- 39%, • 77mr, 40% " 85 85 •' 81%, *7. 83% 4 84% ^ 26 25% .'.7; *25 " 25% 7 ;; 21%; 22 ; ' 22- -• 22%> 'Hi "21% -22-%.'I 7 2.1%.: 22% """""'•'175 " 200 «V *175- ;*200 / '<*175 2dO,7i 7.175 v 200 . t '"V 7%*;4-7%;:. • 7W7%>-V' 7%^V4 7%*,;. 69% ;*: *-,*687/a 69%{.7." 68%' * 69 ";68 » >v*6fT% V7710'"7 10' 7 '"'M& -710 o':.{-pt*bw'':lOv' \i 3%'. 10% 101 ,-v-i 7f f".•;>- " - ■V* -4% 7 , - • . Curtis 3 106% Feb 20 pfdi_^—100, preferred-- Cuneo May 18 28 3 28 • 7% '' 44% July 13 (7% Jan 3 Feb Jan 6% Jun x25 *' „•'« .com,l_'-_25j,^^V^ ic prefe^redv^i^lOO•;;&\-f- non-cum 14% *-170% TOO 2,200.50 ■ of Amer' 6% ... : " .J A *94%;.; 97%; ,. x 11%; ;.:.ii%' :i2- »<•■'> 11% 11%, : c1; u% :• 12 7'' -26%S v:26'-%>'4v-120%;:56%-77 ^26% :;26% 7•7 .'26%' 26% 18 r;i8%17%-'; 18%>..V £.',18Vs;'18% t '367 J 36% 7 *36 7 36%^ 7 s36-.; - 36 :* -L-3f> 35% :*v:::5i%v.51% '7.51%' 5i%i;;?:5l% • 52 7*■ 7.5,1- • 51% A- >V + 4f 24 'X: *49"50V&;: if/u 1.900 •y 4i4%: 14%' 62%; 63 ri-450 Td 151(. • •: «- 3.90a ^4 75%."-'2 44'3,900 -96% "96%;7 yy * ,50-; •" toS%v '■ 96%'V? Vr- '20 50% ■. 7 7 14% i-:M70 "• ; A*170% 171%f- f 170% 171% '.77.4%-' 4%. ..'f. 'r 4%':"; 4%,, i"; 4%-' 4-% ;.7:2% 2% 2 : 2%; 14{'2 2% ' ■i 33%-" 33%. 32% -33 7: 32% 33 V# *' ■ Steel RR 77 • 68 77% Oct 31 y ••'£'*£ par -••'," 22% , - • 7'7^4%"; '97Ya Cuban-American Sugar, common__10 ;.- 11 2 July 25 9% July 9 7% July fi ~ 13 -i-No _—v—V-Nopar convertible 185 Mar 27 180 Nov 20 , 10% Oct 24% Feb 19% Mar 29 22% Dec 28 preferred Crucible 29 ! 22% Feb $4,20 31 15 26 7% July 3 64% July 13 125 Jan , & Seal common---2.50 A.X Cork *49 ' - ' —4100%,;. ZCllerbach Corp^common_-_5>' ! *23%. , ■'if *28%: 29%,;- X, 13,000 29% 7 63 - s\> *: 28% "'22% - ' "-'••14y4 "T4%" 14% , • -25 /a,:, Ay-.;: A preferred ——2 50% 27% ., Ameriwx^^i^i^.i"'» XX'ZI CorP.-(The)-r-i-i2 ZXX'3. of ■!' 29% 22% *49 *' -*" the Week 7- "Wg'" 27%^:-' .27% ZX *54%: 56 :,*54%": 56 "-.-'170 —1 •> preferred "22% * *' Sales far July S7- r "X per share'"Share$ --'27% ■ 55 ** . of Wheat Crown 34% Dec 15% Jun 27 175 Feb 14 20% Jan $2 14 May 10 82% NOV Mar 31 102% Dec 3%% Jun 10% Jan 4 ,"*.14% 28 Frldiy ; July »« X per share ."-23% .24% 23% ■t ""50%" .' ' *49%-. 50%; 14% 23%' 27% 7 54%' . 27%. 22% 27 Vs - .' 22% - ■] 56 : 63 ' ;63% 63%, G3' ' 64%,*-; 63 1 63% 74% ,75% - "•''74% ■ 75% 73%",'.'73% ". ":'73% 75% "96%' * 96% ^7 *95% ,96%'. *95% 96%, >••♦95% 96% ;v V "A "«*95 % *. 96% ' • *95% 96%; ' 7 *95%' 96% v\ •'*96%. • 97% 711/s " 71% 71%' 72%. :72' f'71% J 71%,' _100 common— 5 17% Jan 12% July 13 J 5; Co 11 30% Mar - 27% Jan 17% Jun Crane 35% Apr 14 103% Feb 20 32% Jun 54 preferred-. Inc Jan 14 30 ! 23 2% Jan 2 Jun 27% Jan 7Vo Jan 186 ' , . 24 *55 '• 27% ,X per share 28/ 27% 22% 62 3%% Jan 105 Sep 27 26% Jun 10 27% 22%"' "•-•»14 Corning Glass 2 104% Feb 8 Jan 4% Jan 31 3% Aug 101 closed : & Tr Co—20 Works common-—5 A7 •>:•''mX preferred — 100 Cum pfd 3%% series of. 1947.100A.•V:>V.rr-'Corn Products Refining common_2S ^ July 16 104% Mar 166% May 17 6 25 22% July 13 May 29 x66 3 187 % Apr 78 2 Jan 94 Nov 30 . July 13 , "23% 27%' A; 5 61/*" :"" *49 ' 29 38 176% July 13 62 X per share J . Cornell Dubllier Electric Corp——;1 17 45% Nov 27 28% Jan 100 't, "24 STOCK EXCHANGE * series—_50V~W 5ft 3 July 17 10% Jan share 27% 17 A / July 25 "23% •A. 'Thursday Wednesday » „ ". ,July24 ,. X per •55 SALE PRICES HIGH Tuesday July 23 Corp—,;—, 14^ / ;^ Corp common—ftr.j," Co AND Monday > July 21 i'fi***9 :~l9vtr share /.. 1.7-' Copperweld Steel Co common——5 17 ■ Saturday ,, preferred-.;—w-i-No par Range Copper 8 * - - 46% July 14 57 . 7:' 3 July 17 13% Jan 20 : V/7 7 EXCHANGE, X per share X per share share t per I per share '•'<- Lowest Highest Lowest LOW ^STOCKS ,'NEW YORK STOCK Ranre for Prevloua ^ 3,100 ' * 31 % A 32 '""".i-V'*,' t.i 107SOO " ' 'J •-., -7V 'i"J f ■- D 26% Dee 30 13% Jan 13 Jan 96 15% Jan 25% Jan 99% Dec Jun 25 14 Jun 3 26 17% Feb 17% Feb 28 •'«' 43% Jun 18% July 13 10% July 13 31 16% Dec 29 16 Jan 3 i 28 July 26 34% Mar 17 29% Jan 2 : 96% May 24 A, 96 July 5 102% Mar 21 88% Jun 26 89% Jun 102% Aug 21 102% Sep 1 July 24 100 " 95 22 Jan 38% Jan 3 41% Dec 30 41% Jan 59% Dec 20 Jan 8 Preferred 7 Feb 26 i f. " yyu' V.'* -37%'. I A, . "XZ 92 38% 9277 93%, yy-*9'2 \, 96% ■*91%; 10% Apr .; 68 Decca 10 Records Inc ■ 14 Deep Rock Oil Corp.. 68 Feb 27 Deere 37 Jan 19 Jun Co & 7% 8% 500' ( 19 41% Jun 25 53% Feb 9 61 63 63 32% 32% Delaware & Hudson 10% July 2 17% Feb 2 Delaware Lack '20 % Jan 2 23% Mar 27 100 & Western Delaware Power & 12 23% ;r: 23% Light Co—13.50 32% 7 • 45 12% 12% 23% 23% "*-'• 6,100 6.800 " 5,800 14% 900 2,200 27,800 23 23% 2,000 ■% 54% 55% *32% 44. 44% 44% 45 13% 13% 23% 53% 54 r .6,700 " 64% "64 - 12%' 23% , 1 12% 1.500 - 32% 64% 32% 23% 45% v- AiO 7,7 40 A 20% 63% 45% . ft "3,200 8% 7.7 8 % 63 < 65% *32% ' 12 t .96% . "20 % ? 83 62% 64 ~ 45 ■ ' y,v *95% 77 19%* 20% a -a 8%; 78%: 63% 63% 32% 327/8 23% 45 11% 32 8% 62 . •; 62% 763% " *44% 'A-' 5<F 617 A 60 8% A Was 62 ? * 1 20 20 7 8%-. m: ;.i-No par common preferred 14 % Dec 8% i 96%" : *95% A 96% 19' 19% ; 19% ' ri. 4,200 V ■ 733%A33%;A:, y 93 % 94% y. ;92% 92% y* y k.. 92% 7 'MWtS : ■ . } 167a :iG%.' 1678 A 93% l*9iWA92%A 92 %. 7 *95% "18%.. A yy , *14% ; 15% A'.' : ; '500 rA39%7 38^ 2 A .7; 3,800 A a 17% 34 y 94--4C U4%'7147k^> ^t: .400 15' jxlty>i7%-; ^ *92 A ' >7 ; 33% 7 33% .*91% 96% 19 A >14% " 15 38%- ' 38% 38'% • 14% 7A 3,200 7 30% * y ,30 94 ." '33% A *92 92% 19 31 .31% ' , ^>14^7:14^7 '.'17%, 1777-;. -17 'X7 33 33 ;7 ■92' " 31 t '1*937:7fl47":'- A.94*y * :V37% 38 77; 16% '32% *95% 45% Dec 23% Jun 21 ':-'i ( ; *91 % 7% Jun 27 Dec 20 •• ?*V ' 34% July 13 29% Jan 3 19 5 1' series B_—^.lOOA 2 57 i . •31% 31 *93 r,-pz 14% '"A'iA .'14%. ;'I4% •14 14%-14%"' -'15 •••-'V.'" 714%' series ,C——100 - : _1 50o- 3.75% Preferred 3.90% Dayton Rubber Co 12 30% Jun 25 Oct 1« 37 4 100% Feb 3 4 A ::. ;-y A i; .107 '" Jan 21% Jun Jun 6% Jun 27 *93""' 94 Dayton Power &<Light common___7> 7 Preferred 3,75% series A^^lOO A-- A 104 8 27 "(The) July 24 99- 15 July 10 17% Jan Chemical .Corp Daystrom Inc 34 - 18% Dec 29 10 Jan 5 3 Davison 12 20% Apr 14 ' 11% Jan Davega Stores Corp common 2.50 ■■fyZ< 5% convertible' preferred! „-__20 7" < 9 7: 31% "31 Corp common-.-..—-v preferred series,A-_--_-100 ' 7* -■3%% 100% Mar 16 i 14% July 10 31% Jan 2 Dec 30 Dana 37% Mar ? I 90 2 419% May 10 17% Feb 17 12 13% July 10 ' A .. "7 Denver & Rio Grande West RR -24% Jun 29 42% Jun 27 48% July Dec 23 58 . 60% Jun 17% May 26 15% Mar 29 21% July 13 ■■ 65% Feb 17 2 72% Dec 29 Apr 20 May 19 12 52% 24 ■ 12% Jun 29 16 %Jan 20 2 Detroit 19% Mar 9 -6% July 13 17 July 13 29% Mar 54 1 Feb Steel 4 36% Feb 20 29 > 19% Feb 8 Diamond T 2 11% Feb 3 Diana 13 Distill . Jun 28 31 Feb $1.50 Jan A'.; Lowest X per share $ per share /12 Range Since Jan. 1 Highest Lowest 15% Jan 4 35 July 26 48% Jun 29 ? 13% 11 15 Jan 9 36% Jan 4 30% Jan U% July 25/ 17% Jan 0 13 14% Jan 2 64% Jan ~ 13 15 Dec 19 181 13 21% Oct 16% July 17 81! Mar 18 7 22 18 28 3 20% Jan Feb Dr. 9 .: 2 2 24% May 26 93% Feb 10 32 84 14% Dec 18 ■, 12% May 24 17 9 101% Jan 85% Jun 13 31 ' 106 A Jun 5l% Dec 12 Jun Industries 6 1 :9% July Preferred $4.50 106% Feb 23 Preferred $3.50 54% Feb 7 6 12% Feb 6 DWG 27 21% NOV 25 27 19 Apr 13% Jun 52% NOV 27 41 Va Apr 10 39% Oct 28 190 6 19 % Jan 88% Aug 25 98 • 160 95 Sep 8 Jun 102 Mar 10 87 5 May - 49% Oct 38% July 26 16 Jan 13 4 29 July 10 Jun Jun •11 Jan 34% Jun 29 1% Jan 19 10% Jun 26 15 Dec 40% Jan 28 12 28% Feb 23 19 y8 July 13 2 75 Feb 23 64% Jun 23% Jan I 41% 52% Apr 26 6 48% Jun 46 j 16% Jan 2 28% Jan 3" 22% Aug 29 20 % Jun 1 15 12% Dec 15' 15% Dec 13 4 .Dec 18% Dec 8 6 .. 96% July 17 . . ; 19 % Jun \ 68 60 9 4% July 13 8% Feb H • [ 8% July 13 33 4 Jun S% Nor 27s e ' Dec 44 . For footnotes see 32 7 32% A. J; 16% 157/a 108% 110% 109% 103% ♦103% 253 103% *247 21% 32% 9,300 Sales f«r , lb® Week v : , 7 7 23 7 A *29 7 13% 13% : ;.A 23% ' 33% 16% >. A 2,900 22,500; " • 104 7 104 104 *9,500 22% 23 6.200 XX300 23% ' 11,200 *85 i 87 ' -29 A" 31 ? 13% 13% ; - A 7' 255 *249 255 13% 1,400 ; ;. 16% ; *85. 87 ; '•*29 1 31 -14 10%; y 49% * 49% ' 109% IIIV4 111% ' ::, 22% 31 13% 110 •249 i,200 * 2,400 32% 16% 49% :*102% 85%" 85% 31 49 A' A, 103% 103% * 246 A 253 '" A 87 13% 95 110% • " 32% ' *;;A 400 10% 11 i 32% 15% ; Share* ' *67 : ' 23 . 94% 104 ... 10% . 7 16% 50% 110% 31 32 13% 111% 7 253 22% ZZS7rV A : 33% . 49»A 7*85 22% *85 *30 - 10% 15% 48% f" 49% VA7 7„ 96% 50 5 96% ' *10 y 95% •*H8%fll8;% '967'a ,7 '49 *48% 95%' "95. • '"f^il8% 118% A: 3 3 ; page 24, Kodak Co *48% ' 97% * 49 ' 21% 21% 22 Va *48% A.49 10% 21% , ' • 96% 118% 118% *97 : -97% ; .* 7., 10% 10% Ekco 4%% preferred 10 % 10% 94%- : a • 13% 94% 95% ,7113% 118 % 50 200 5,100 , 97% >97% 7 *48% 7710 ' 49 A 49 ' AAy 900 7 7200 97% A' • "50 50 800 7 -10% *10 10 Ve 24,700 95% 118%: 117%. 97% > Electric Boat 1 Battery No par 10 5% common.. convertible preferred preference Radio & 2 24% Feb 13 3 71% Feb 6 6 66 Mar 26 3 Erie • 5% Erie RR Office - 18% Apr 13 Eureka Williams Corp Evans Products Co 11% Jun 28 16 0 Eversharp 37 44% Jan 10 4% Feb 26 *• Jun 25 3% Feb 7 a Apr Inc y *167 170 17% 97% 16% 16 88 88 Va 88% »87 167/a 16% 16% 100 *97Va " - 100 12% 12% 12% 12% 12% 46% 47 Va 46% 47 18% 36 Va 2% 43% *43% 12% . A 1 ' -A.' , 16 Va 18% *96% 20- '18% 'V *27% ; 50% 16 % 2,500 ; 4.400 20% 36% 300 2% 12,500 12% 25% 900 43% 12% : . •" •70 43% 12% *25 *64% 25 Va 49% 49% A 700 , '5,300 70 29% 29% 16% 48%' 48% 29 Vs 16% A 29% : , 1 ' 18% 16% 16% 12% A, ... 13% 16% 18% ,.18% - • 18% 65 *61 -f '.•.AAA ' ----- 6% 14 13% 13- ~v— •• 27.% , v , , - - 3a/4 6%; • — ; -*3% 19, *63% '/• *61 6% > ,13% ,13% 38=i 39 : 5% 63 ;i* , 39 "3%- . 20 " ' 96% : , - . , • -6% ,-20 ' " . ' * ' % 29% 50 . 20,600 „ 18% 27% ' 97 20% ; -19% ,5% A 5% -20 18% 39% 3%~""""'*3% "w"3% ; *61 63 : *64 1,000 97 10 20% * 10,500 A A, 5,500 .5%; 19% 18% 65% ,, 1,300 .273i 27% *96% 19% *64. ; 7,300 r . 18%;, 18% :. ,'; 1,600 13%;: f - 6% 16% r 13% 27% 5% - 19% 65% -"63 14% .,14% 12% : 13% 39% . 13%' *96% - 5% > 18% 7 ^27% 96% : * 57/a 18 V2 191/4 •G3VX 65 - -13;'', 7 20 A' *61;-... 6% 39 .... v 63 ' - 97 5% "A 12% , ' 27% 19% ; 5% 18% > 1,400 47% 2Va A: 43% *64% 50 50 29 29% *96% 97% -20 % *63 *■' . < 12% 47 ' ..12% -'13 27% 5% a •; 10 . r 20 Va 2% 12% ' . 100 36% A 25% 70 " . -- ♦64% 70 2% 43% 26 29 13% 18% ..." • 12% 25% *50"' 29% -16 Va 27% 100 1 12% - 1,800 - - " :■. 3 12% 25% " 50% 16% LNo par Corp —1 ' 3 Exchange Buffet Corp„——_2.5t 43% . 1,600 20 16% ' 20% *36%" . 16% 3,200 1-v 88% 37% 19% : V V/< 43% 44 ,*64% 28% AArAA, 2% »■ 24% . 70 18% '. 19 ♦36% 37% , 12% .". 24% 13 50 29,200 v 16 A, *97% 12% 12% 46% 36 V2 1 Co„' 3,400 >4,400 A: - 41%;A-; 39% 16% *97% *18% 5 8.50 20,500 - 170 -A 40 % 88 16"% ; ■:: 2% V 46%- 16 Va 46 % 24 16% 45% 39% 12% *64% 25% ■" 16% ••••.a: 9,500 :;A'-A 24 40% *16Va 2% Ex-Cell-O 13% July 11 16% 88 *167 170 " 40 46% 43%' 23% a : 23 Va 25% ' - 18% .: 100 : RR *167 • 97%. * 1 common 46% > 16% • 100 *49% " • 4 10 Bldg— Pittsburgh 16% 45% 40 37% comm'on__25 preferred series A & *87 170 2% •■■/•".. 50 3 Equitable Gas Co Equitable »' 16% 17% *12% '-■A 50 ! Phonograph Co Endicott Johnson Corp 4% preferred 12 8% May Emerson ' 18% "/ a 'A- *?. 15 5%% 16 16 45% *36% No par Elliott » 16% 46% - 12% ; 2 — preferred Elgin National Watch Co_ Co 26 45% * . 5 Elec & Mus Ind Amer shares Electric Storage 25% '■K ' common Convertible 88 *97% 26 16 Va 39% 16%: 16% 25% 45% *167 39% 16% " A. > 23% 23 23% 22% A " 170' *87 22% 22% A 26 22% 21% 44% \ • 39 ; 21% V ' 15% 44% *167 - 100 Elastic Stop Nut Co Electric Auto-Lite (The) "v.. 25% , 15% " 2.50 common— Empire District Electric Co 7% Feb 23 15% 100 Products Co 26 44% l preferred * 21% 25% 2 4%% 21% • 21% 100 5 22% Feb 21 5 Manufacturing Co 9 103% Jan 29 ' "r; 10 Corp common Emerson Electric Mfg 29 Jun Stainless Steel Edison Bros Stores Inc common 6 3 " . 10 El Paso Natural Gas 18% May 33% Feb 5% July 27 10 12 58 Mar 21 -i4V4 Jan 5 16% Mar 16 5% Jun 28 16% Jun 1 ,14% Dec 18 62% July 28 May 28 6% May • 16% Dec 28 v 14 A' 68% 13% 67% 68% *68% ' 16 l 6% 'preferred" Eaton 26 * 66 Jan May 52% Mar ' 51% Jun 27 ' 800 2,900 *r £ per share' 14 68% . y 69 . 10% " 48% *247 10 29% July 20 16% Apr 20 27% July 11 7% May 18 19% Dec 28 July 12 ; 10% Jan 13 20% Mar 17 5 33% Jan, 20 2 Co 22 % Jan 2 12% July 17 104% Nov 18 24% Jun 8 ; 28% Nov 29 100 73 16% July ' 3 8 26 Feb 23 27% May 26 23% Jan Aug 25" 13 % Feb Jan 2% Mar 29 48 11 13% Mar 29 25 52% July 17 Feb 54% May July 20 22 % Jun Jan 18% Apr 27 101V2 Mar 22 2 35% Apr Eastman 95 17% Jun 29 4 Oct 9 19% Feb 25 41 : 3 43% May 44% Jun 29 3% Apr 18 44% Oct 2 21% Aug pfd Corp Eastern 182. 22 9 Eastern 48% Jan a July 20 96 July 18 20% Feb 29 21% July 26 32% Jun 30 26 15% Jan 30 2 13% Dec 19 14 " 10 36% July 2 15% Jun 28 7 15% Dec 36 112% July 12 3 Jan 18% Apr 19 13 800 A" ; ' Eagle-Plcher Jan 32 - 69 *13% 70% 69% A, ' 50o Eastern Airlines Inc Dec July 27 X vershare 14% 7, , 15% 15 Cigar Corp 4 29 11 32 —...5 2 ,14% July 12 Friday Thursday Jlily 26 7 X per share ' Xl4%,;.14% > 47% series—__No par series—No par 24% May 171 tper share '* 11 Duquesne Light Co 3.75% Common 24% Jan July 174 ; 9% A". 26% & Co— 3 19 40 share •10% 1 9 19% Jun 25 10 a; ;,A- 15 9% 26% 26% 2,200 *3,000 35 34% 7 1,000 A, 50 . *14% 15 257a July 25 11 STOCK No par 24% Dec 18 13 23% 750 9% 7. 9% ' 67% preferred—100 125 . 23% 4,700 , "/" 11,500 19% . 15 , ; i9% 19% 23% 23% 49% 7 50% 7 '♦ 34% f 35 7 •: 6 X v3T:7'-y 6 36% : Wednesday ... July 24 68 common convertible A .10,500 , HIGH SALE PRICES Tuesday- V. • • 68 2No 102% May . ;.v", ; 6 37 2,100 ,7,800 A; a'aa; 64 *60 .64 19% 26% 67% Duplan Corp Jan: 25% 63 y3 International 20% Dec Jan 1% Jan Jan 26% 66% CLOSED Feb 25 5/e 65% EXCHANGE 3%% 25% 63% 5 Dunhill 22 9% .»;.^I4.%7 parV Dresser 9% July 23 X per $ per share Inc„__No par Co • 15 i4%; 9 V♦ _No par 30 15% Mar 3d 13 83 117% Jun 25 96% July 19 48 Jun 25 i 52% Nov 30 11% Jan 10 9% Dec 11 13% Jun 12 127% Apr 22 ' 35 : 'J • 9% _„No par Corp Dome Mines Ltd...... l 34% 7 15 23% 50 9 Ye Monday A l — ;._i July 19 9 15 21% A J; ' ' Fdy, Du Pont de Nera (E I) 60% Jan 122% Jan -Saturday July 21 $4 preferred series A_™__No par $3.25 2nd preferred—™__No par 7 Jun 19% Jan , 8 34% 15 23% 49 % *34% 34% LOW AND ■ No par 9 23% s 21% ,4,900 V 19% 6 19% - 25% Pepper Co 2 May 19 23% 9% ., Dow Chemical Co common™. 111% Feb 211 18% 49%, ,50% 34% k ■ Aircraft 18 51 69 19% : A'33 33 23% 67% 19% •. *60 ; :7, 6 32 237a *14% r • s y 67% 19% .<."•67 64 - 5% v 51 2 . ♦60 6% 18% 2 * T 29^4 •30% 7 ; y 6:7; 7 21% 29% *18 25 Co_— Corp Corp Cup common Douglas 6% . 764 *60 64 6 29% 50c Motor Car A_. y *60 Doehler-Jarvis 16 53% May - .1 ,_1 Co Stove exchange Class 111% July 24 Jun 14 11 % Mar 27 19 ,180% Jan ' Jun x22 10 xlOl 88% Dec July 12 2 29 77% Jan Dec~19 83% 111% Jun Sep 27 119% Jan Dixie 19 3^% Mar 14% Jan 43 % Jun 107 21% ' NEW YORK STOCK Dlvco x70 ;61 25% July 12 July 17 21%, Corp-Seagrams Ltd '■>((' h 16% Apr 13 70% July 25 May 10 July 27 44% Jan 57 , $ pet share Jan 26 10% July 5 10 21% 20 preferred—1__ cum ;,y;. Highest f per sfyare . 47% Oct 18 May 24 , 21% STOCKS Year 1950 , 21% 't ; Corp Stores Range for Previous J 19% 1 8%.Jan 24 67% 19% Diamond 13% Jun 29% Nov 24 67 7 19% Devoe & Raynolds class A—^ Match common No par 16 34% Apr 5 53% 67 19% ———,.———6 21 Dec 9% Jan 54%, 66% 19% Detroit-Michigan 16% Dec 27 37 18 11% Mar 31 53% 66 19 De Vilbiss 23% July 20 19 53% 66 8 Detroit Hillsdale & S W RR Co—100 2 Jan 45% Jan 7 Dec 49 Mar 8 - 52% 100 (The) Edison 38% Feb 17 16% Dec 29 18% July 13 35% Mar 8 64 29 27% Nov 22 - 27% Jun 100 for preferred— Derby Oil Co Detroit common— 55% for Escrow ctfs 17 19% May 9 23% Feb 26 10 32% Nov 17 21% Mar 13 34% Dec May 16 8 79% Feb 60% May 23 5% July 25 2 Feb 68 July 12 5% July 12 21% Apr 29 Escrow ctfs 22,300 V ■'65 "2 Jr_T_ 61%. 6i% 60 1,560 f ■ \ .a. - v 6 ?H. :,♦ 14% „ 13-." -13%. „ • . V 5% 13% 13% , 4 4 6 14 J% 1,900 V. " 4,000 13% - 39 Va 38 V* »3i/a "*"3% 3% 39 A ; 38% — ™ 3%' ~ 1,200 100 ; 17 Volume 174 Number 5033 ■■ ■ •' . The Commercial and Financial Chronicle ... NEW YORK STOCK RECORD A ILzz.gr for Previous Year 1950 Lowest Highest f per share i Lowest S per share 37 Vi Mar 10 22% July 12% Dec 48% Oct 3 26 V 18 Apr 45% Jun 8 16 ¥2 2 26% Dec 28 11% Jun 53 25 50 % Jan 2 23 23% Jan July ' 3 4% Feb Nov 25% Oct 14 8% Dec 28 49 % Dec 28 Jan 3 23% Oct July 13 52% Jan 105 15 Oct 101 108 « May 1 Aug 10 108 19 July 17 16 July 13 17% July 13 13 Apr 5 r 27% Feb 11% Jan 3 14% Jan 3 23% Sep 37 ' 2 i' 94% July 21 27% July 12 101 9¥a Jan 98% Dec 3 Feb 75 Mar 5 10 19% Feb 9 78 ^ 102 4 24 ¥a , 29 Mar 13 103 » 14 July 10 . July 17 . 85 Jan 9 3 7 ¥4 Jun 29 13 Dec 30 11% Mar 29 15 19 Dec 29 19 32 9% Nov 16 ¥a July 24 10 20 ¥b Jan 13 9¥a Feb 40 / Feb 17 ¥4 May 29 July 19 Jan 23% Dec 18 29 }'■ Jan 10 25 107 ¥2 July 14 55 ¥4 Dec 26 13 ¥2 Jan 12 Jan Feb 8 12 6% Mar 29 10 % Dec 9 25 Jun 14 July 13 104 29 Dec 138 ¥2 Jan Aug 99 ¥4 Apr 50% Jun 12 8 ¥4 July 12 61 ¥a Apr 13 ¥2 20 124 y« Jun 13 80 Mar 7 34 ¥2 Feb 125 4 56¥a Mar 92 July 10 7% July 17 Jan 2 Jun 26 128 Feb 120 Feb 13 29 ¥a ♦ 24 ¥i 1,000 18% 22% 18% 22% 23 22% 9,400 4,700 *14 ¥4 14% 20 ¥3 20 ¥4 20% 21 20% *96% 98 *96% 98 42 ¥a 99¥a 99 % 99% 95 94 94 42 42 % 42 41% 42% 21%' 21% 10% 10%. ¥ . 25 25% 86% 7¥a 7%v' 7% 14% 19 ¥4 19 ¥4 7¥* 7 ¥4 22% 21% 10% 93% 25% 7% 7% 363/4 17s/s ' 17 ¥s 17% 22 21% 193/4 19% 217/a 21 ¥4 19¥a 19 ¥2 6¥a 6¥b 6 ¥4 337/a 1 6 ¥2 34'* 33 ¥« 29 ¥2 '24¥a 24 ¥b 103 ¥2 24 ¥a *103 24% 7% 1,400 14% 43,000 19% 7% a *13 18 *21¥4 22 20 6% : 243/4 24% 24% *103 *34 103 ¥2 1,800 1,000 63/4 4,600 * 200 31 ¥a 25 24% *103 * 103 ' - 34% • 30% 300 800 20 6% 31¥a ' 22 6% 34% 30 3,400 - 18 ¥b 21% *19% *34 10O ■: 7% 37 ¥4 • 6,800 - 6,600 ¥2' 49 ¥2 49 ¥2 50 49% 50 ¥4 493/4 50 ¥2 50% 11 50 ¥2 11 11 ¥B 11 ¥4 3,200 11 11 ¥4 10% 11% ll¥a 157 U¥b 4,000 49 *156 16 ¥4 16 ¥2 8¥a 100 8 ¥4 *74 ¥4 50 16 16 ¥« 27 • 159 •16 74% 27 ¥4 *27 % 16 118 "74 ¥4 ' 116 ¥2 116 ¥2 *116 ¥2 54% 543/4 55% 55% 6¥4 6% 7¥b 7 ¥4 No par 7% 42% 42 % >' 118 42 No par *94 96 8 b 42 ¥a 8 59 100 59 122: 100 58 ¥4 ; 122 120 ♦116 42 8 55% 557/a 20,200 7 ¥2 7% 42% 7% 15,000 42% 13,300 42% 42% 96 ¥2 . 42% *95 "8% 96 ¥2 8% •95 /Vi 8% 58% 59 ¥2 122% 123% *122 ¥2 123% 120 •lit 120 *117 30 55% 73/a 59 ¥4 *117 119 55% 7% 123% ■120 123 800 * 800 16 553/4 *95 8¥a / •80 27 ¥4 A 118% 118 8,000 74 ¥4 *153/4 ' 96 ¥2 ♦95 1 No par *116% ™: 27% : 16 800 :-V.; 9 74% 28 ¥b 100 16 ¥4 ' 8% 75% *27% V .16 159 *16¥a 9 *74% i; *156 16% 83/4 28 15% 16 159 16 9¥a 75 ¥a ¥4; 16 *156 16 ¥a ;f/9 *7 4.¥t 27. 16 A *156 16¥a 83/4 75% 27 * 159 54% preferred 7% 14% *37 •19 ¥4 103 ¥2 *116 ¥2 preferred 3%% convertible 120 5G0 157 No par 5% 12,700 *19 ¥a 7% •173/4 6 ¥2 243/4 27% 85% 37 ' •¥ 30 ¥2 *103 ! 600 6,400 ' 343/4 29% " 103 ¥2 37 197/b *34 297/a 10% 27% ,19% ' 3,000 102% 14 ¥4 " 8 22 6% 34 ?) 29% 102 ¥2 No par Corp_ .■« 173/4 1 22% 143/4 14%'. 7% ► *36% ¥37 ¥4 • 29 *7% 4,500 10 % 86 14% 70 423/4 . 85% 26 *19 ¥b 7% ! 73/4 36 ¥4 17 ¥2 • > 530 95 100% 14% 27% 85 < '193/b '*• 37 ¥2 10% 6,000 100% ' 15 • 19 ¥a 100 ¥b *94 • J 103 14% 7% 14% * 95 10 ¥a 87 * 100% •101% 26 7% 2,400 44 21% *85% 100 27,700 98;; •43 22 100 ¥3 *94 15 ' 14% 21 *96 ¥2 43% 42 *36¥4 21% 98 43 43% •17 ¥2 .',*19% 203/4 43 92% • 19¥a 73/4 ' 20% ¥3 *96 ¥3 44 ¥4 *14% 14% 14% ♦19 20 22% f ' 43 *l0¥a * 86 ¥2 14 21% 100 ¥3 95 21% 25% 86 14% 21% 43 14% 25 ¥a "83% 14% 95 91% 14% 23 14 ¥4 20% ' 98 42% 10% 90 * - 203/4 100 21 % ' - 10 24 % 18 ¥3 14% - 101% 24¥4 18% 20% : *100 *24% 15 5 101% 600 18% 90 * 5,200 24 ¥4 86% 1 29 3/8 23 20% *10 1 ,287/a 18% •*14% r, 29% 24'% *14% 21 % • 29 «ioo >- 18% ' f ".\v/ 1,300 25 14% 41% 3-' 123/4 23 42 1 123/4 18 99% • 13 * 22%, 20% 21% *96% 1 37 13 »■ 14 % *94 100 $3.50 preferred 8 Mar 13 *24% 240 37 18 ¥4 21% - 2 General Mills common 113 25 2,500 4,500 37 '■ 101 ¥2 *100 70 37 12'% -28 % 101% 1 General Instrument 119 28% *100 12% - 19 ¥4 No par Co 8 3 12 % .28% 37 70% 23 18 50 com 36% 12% .28% 100 24% 22 lo com . 100 * 36¥a 13 28% ; . 100 com 37 13 par No par : 3 18 119% Sep 5 General Foods Corp com 18 ¥8 Mar 105 ¥2 100 Finance 11 109 ¥2 105% No par Electric 65 ¥2 Jan 69% 108 ¥4 Corp_ General General 105 55 ¥2 Mar 15 71 106 preferred 9 48 ¥a Jan 5,100 110 Transportation 7% July 27 28 28 ¥2 105% 2nd preferred conv 7% 190 1,000 28 ¥e 109 common__ General Cigar Co Inc 20 28% ' 7,400 15 71 ¥3 4 4% 8 Apr 28 ¥2 r* 42 102 105 ¥2 37 20 General Cable Corp com 4% 1st preferred—! v 29% 1,500 14% ' ■ 109¥a Baking Co common 5 preferredNo par General Bronze Corp 5 26 17 ¥2 Jan 29 30 6¥b Jan 18 40% Jun 29 129% Mar 105% July 28 2 41 102 143/4 71% $8 26 28% 41% 103 143/4 200 800 53/4 105 % General . 71 41 ¥a *102 14% 5¥a 108% ¥2% convertible preferred i.50 Gaylord Container Corp__i 1.66% General Amer 6 4 11 ¥4 Feb 2 49 ¥2 Jan Apr 21 61% Dec Jan 26 May 42 102 14% 5¥a 108% _ General American Investors $4.50 preferred ± 6 Apr , . 19 ¥b Mar 19 29 15 ¥a Jun 111 51% Apr 6 103% Dec 29 6 July 1.26 ¥4 Jun ; 3 29 72 ¥2Jan 9 41% Jan 13 44 ¥b 8y« 34, Dec 21 18% Jan 11 15 12 162 i 9 58% Feb Jan 15 ¥a Jun 21 %75'ry Jan Feb 107 ¥2 Mar July July 10 ¥4 Jan 149 24% Nov 22 63% Mar 31 ' 48 ¥4 31 166 102 ¥2 25 70 55/a 42,800 30 105 ¥a common Garrett Corp (The) Gar Wood Industries Inc 20% Jan 70 41 102 29% 12 30 105¥a 1 (Robert) Gardner-Denver Co 31 13 5% 4,300 66 30 ' 14% 11% *64% 65 *29 ¥2 108 preferred x May 39 ¥2 May 31¥s July 26 29 V* 12 ¥a *63 5¥a 106 100 < 23% Jan July 3 9 ¥2 July 13 146 July 13 ; 23 ¥a Jan 8 ¥4 11% 64 30% 30 41% 14% 28 ¥a 69 ¥4 100 * 5% convertible preferred Gamewell Co (The) , « *62% 102% 102 14% 28 % NcTpar Corp Gamble-Skogmo Inc 21% Jan 5¥b 41% 103 14% 29 ¥4 5% 41% 103 64% 29% 108 (The) Inc *62% - 5% 41% 10 ... 23 ¥4 Feb 25% Dec 45 Co 28 24% Nov 22 4 Co 63 30 5% 10 12 17% Jun 29 17% July 13 63 30 ' 37 : Jun 33% Dec 29 101% Dec 6% 4,100 107% preferred 3 July 13 CLOSED I_i 'sl.Iis of ser 6% Jan 18/ Dec > 14% 12% 105 preferred Galr Co 9 36 4% Gabriel . 13 20 7 •' 1 July 25 2 20% Apr 25 3% July 13 i,21 10 ¥4 Mar 21 Jan 21% Nov 22 • 3 ,- 7% Jun 2 40% Nov July 25 17% July 12 t5¥« Jan 3 t Feb 4,000 15 14 ¥4 12 Co L__ IIlo Froedtert Grain <fc Malting Co Inc_l Fruehauf Trailer Co common 1 2 143/4 14-% 7% pfd Stores 600 12% 14% Freeport Sulphur 14 95 7¥s Jun 29 Franklin • 22 ¥4 12% 14 ¥4 12% No par No par Inc Sugar 22% 12% 12 _,__No par convertible Francisco 50 ¥4 22 ¥a 123/4 12% No par preferred Foster-Wheeler Corp ' 9 Feb 8% Jan 10% Oct 25 May 11 50% 22 ¥a 13 y« 12% 25 Corp cum 51% 22% 13 50% 100 Machinery 8c Chem Corp 3%% July 26 i 16 div 50% *22 13% No par . 3 ¥4% .. 29 30% Jan 16% Jun. 30 6 ¥2 Apr 6 1 t $4.20 Food r 15 13% Feb . 25 29 Jan 47% Jan 3 87% Nov 27 July 27 51 22 % 13% EXCHANGE lo (The) Food Fair Stores » 101% July 16 . 32% Nov 20 16 Feb 44 6 Jun 6 100 29 19% Apr Nov 25 81 Apr Jun 13 50 ¥4 22% 14 ¥4 1 & Rubber com Stores $4 preferred-Florence Stove Co 12 25% Feb 50 13 ■% 5 Florida 23% Jan _ Shares 22 14 ¥a 5 preferred Power Sales for the Weeac # per share 49% 14 ¥4 100 Florida Power & Light Co Florsheim Shoe Class A Follansbee Steel Corp Jan Friday July 27 July 26 # per share 13% 2 N Y Thursday $ per share STOCK ; 1 Mar 17 $ per share 22 5 common 7 24 2> 93 % Apr 36 18 12% Oct : , » PRICES Wednesday July 25 1 Carpet Co Flintkote Co (The) common__No 20 Xl8% Mar . Mar 22 94 8 27 21% Dec 8% July 12 56 Juiy 14 13% Dec 4 20 7 •, Dec 46% Dec Firth 28% Mar 21 2 33% Apr 4%% First National , 1 8c Firestone Tire 27 106¥4 Feb 28 19% Mar 30 18 Jun 14% Apr 13 32% Mar 21 13% July 17 18% Jan 2 23 July 26 38 2 Jun 4 SALE 48% No par Tarrant Mfg Co Corp i Fidelity Phoenix Fire Ins HIGH Tuesday July 24 July 23 # per share 1 Fer-ro 107% Mar 17 . 25 22, Nov 110 . Jan 17% Jab Jan I per share 20 Family Finance Corp ; Fedders-Qulgan Corp Federal Mining & Smelting Co Federal-Mogul Corp Felt - 78 23 % Jan t 4 Apr 26 29% July 20 6 94 24% Mar 30 64% July 17 18 21 21 28 J Federal Motor Truck Federated Dept Stores 4 % % preferred 5 Jan 106 > 3 98 % Jun 20% Mar 17 22% Mar 23 2. 54% Feb 2 , Jan 25 2, 15% Sep 20% Oct 8% Feb .. 103% July 9 36% July 24 11% Jan 2 20 33% May 13 6 81% Jan 9 14% Jan July 23 30% May 12 25 13% Jan 29 « 29% Mar 27 Mar 29 65 Fajardo Sugar Co_. Faistaff Brewing Corp 8 63 July 20 17% Jan 8 86% Dec 13 Feb 5 % 19 83% Feb 10% July 13 22% July 26 103 19 15% Mar • * No par , 39% Jun 106% May 25 13% Jan 12 10 July 24 16% July 13 52 2 17% Feb Palrb&nks Morse <te Co AND Monday '?■ July 81 Par 4 26 % Feb 28 33% July 17 103 54% May 21% July 20 12 '/a July 27 13% Jan 9 7 17% Jun 35% Mar 11 ' 29 22 % Jan 3 LOW Saturday EXCHANGE I per share 5 15% Jan ' Highest $ per share July 26 13 STOCKS NEW YORK STOCK Range Since Jan. 1 59 "i 96 ¥a 3% 8% 2,900 59 ¥a *58 ¥2 59% 800 123 123 *117 120 120 Range for Previous STOCKS Year 1950 .... Lowest 43% Dec Range Since Jan. 1' Highest . I per share Lowest $ per share t per share 15 54% Oct 5 46 122% Jun 15 102% Jan 6 127% Mar 7 120 W6 % Nov 15 July 13 26 ; 15 July 26 38 Jan 18 3 2 54 27 18% Feb 20 26% Oct 19 22 119 % Sep 6 ..-•4% Mar 23 v 3 7 127 Jan 101 10 19 ¥4 Jan 34 4 108 May 3 107 Oct 34% Dec 90'a Sep 17% Dec 8 ¥2 Jan 24 ¥4 Dec 90 7 25 .7 '. Jan Jan July 17 22 ¥2 July 12 S101 July 88 11 12 3 Oct 23 55 Feb 2 Oct 19 120 21% Dec 30 17 ■ 13 663a Dec 106% Jun 20 27 36 24 15 • Dec 45% Dec 3 3 Oct 29 10 * Apr 18 37 ¥4 Feb 28 4 Mar 2 11% July 13 • 140 58 ¥2 104' 90' 17 ¥4 Feb •" 29 28 12 Jun * 5 29 31 ¥8 Feb 103% Feb (B F) common preferred Gotham 19 10¥b Jan " Grant • f 100 14 18 ¥4 Feb 2 Oct 18 13 ¥b Jan 2 33 Jun Gt Northern 50 ¥4 Dec 29 45 ¥4 Jun 29 57¥4 Feb .14 Gt Northern 17 22 7 28 22% Jan Great 3 152 Aug 30 138 ¥4 Jun 28 73 ¥4 Jurt 29 65 Mar 9 Jan 6 35 ¥4 Aug 13 Jan 2 45 34 Mar 4 23% Dec 28 22 Feb 11% Jan 11 : 10% Jan 2 15 ¥2 Jan 95 20 Dec 1 ey+Jan12% Jan. 49 Jun <■ 3~ 3Q- 7 rJan 2934 Dec 35 ¥4 28 18 100 3- 5 11% July 11 24% Dee 12 66 97 Jan 9 19 ¥2 Jun • 28 Dec , May 24 25 21 ¥» Jan 10 ,18% Juik 30/ 24% Jan 13 59% July Jun 1 100¥4 Mar 30 For footnotes see page 24. Jan 30 Jan 22 Green Bay 16 Green 293/4 May 't 9 102 ¥2 Mar 50 ;■'* : A- ■ 28 ¥a Feb 13 68 ¥4 Feb • 5 July 6 • / '' 104 110 - Feb la Feb 14 ► common A 34% f *101% ♦78 85 20% 103 ' *78 - 225/a 27a/8' 98 98 98 17% '90 17% ¥ 17% 17% *■■■ 17% . ' 61 ¥2 ! 62 61% 9% VA9% 125 " ' ■ 125 9¥b 7,300 > 13,700 3,800 •' 88 100 19%' 20-::;, <-y 41 ¥4 423/4 -63% 63 ¥a *9 9¥b •124 1,800 17 ¥4 ' 88 63% 41% •62 ¥4 9¥S 128 *125 98 800 * .9 9 *124-128- .■ - 128 1,900 13,100 f 3,100 A 20 17% 17% 17% 17% 17% 175/a 18 17% 17% 3,400 56 ¥2 57 ¥2 56 57% 55 ¥4 56 ¥4 553/4 56 ¥2 14,700 *1023/4 103% 103 ►1023/4 87 ¥4 7 ►106 ¥4 -,.7 , 7 ' 957 > 513/4 18% fe. 140 "■ *77 37,400 7% 7 ¥4 1,800 7 7¥a 7 7% : . 34 34% 33 33¥2 *33 ¥« 34 800 253/4 25% 26 25% 26 10,600 28 ¥2 28 ¥2 28% 28% 28% 28% 2,000 95% 96 12% 127/a 12% 13 95 ,12% 95 12% 2,200 32 32 ¥s 12 96 %k 12% , 32 ¥2 95% 953/4 15 15 15 53" 53 ¥4 52 52% 187/a 19 19 19 18%. «, 15 52 Va 32% 14% 52% 32 ¥4 147/a' 52% 18% 19 . 1,700 25% 96 . 140 140 >142 74 77 *74 ' 37% 38 25% 24 ¥2 ' 25 11% 140 • 77 38¥4 -♦243/4 200 3 ¥4 3¥a 35 ¥4 *32 ¥4- 140 38 12%^ 43 ¥2 3¥a 2% 11%--1*% ■Ax 12% 48% 2% l47/a " C 12% 49% r ♦48% 2%. 29 ¥b 13% 32 ¥2 14¥a V. 7,700 . 107 25 ¥2 8 127/e 200 89 ¥4 *106 ¥2 25% •-/ *32% No par 12 3/4 50 88 ¥2 89% 107 29 % 29 ¥s 953/4 10O 25 103 89 *106% *34 ¥4 34% 28 % 103 ' , 123/4 *48 2% 6%* •'- 90 107 12% 51 23/4 104 88 ¥2 *106% 123/4 *48 27'a *1023/, 107 12% 12 ¥2 51 . 104 ' 89 ¥2 87 " 107 24¥4 par " 23 % 27' 98 56% 34% A ^ 20 41 J 17 *193/4 19% - 22 '• : A 41 ¥s 62 ¥2 89 81 A 26% v • 90 19% 9¥4 23% 27 ¥b *88 403/a ' .1 22 ¥2 -.'■-27/ - 90 *88 40 % 61 ¥4 ,5.700 A' *87 *78 27% < 35 1,100 85 98 5,300 . '• . 217/a 19% 2¥4 ' 100 89 ' 200 180 29 *101%' 103 A-a 44,% 46 >:-; - 45% *87 99 ¥4 ♦88 128 ¥ 28% 34% 103 *453/8 2,000 • ■ 17 ¥2 . . 34%- 27% 19 ¥4 86 _I 34% • •97 39n/4 103 5 111 17% ••'■■•' I934 9% 111 4,100 34 ¥4 35 '' 29 •78 13,700 8% ;•>: - : 34% ' 85 10,300 ; 120 35 111 •101% / 47 : AAA/'MO: 33% 28% ■- 8- 4,400 5,500 18 ¥a 23 *118% • ^ 3% i 600 600 35 ¥4 *109 '89 *87 20% 27 ¥4 • A 34% 45 ¥4 '89 33% *35 29 40 ¥B r-*106¥4 77 *74 . r . 2,200 15 52¥a 52% 15,300 18% .2,800 *142 ¥2 77 • 330 18 3,4 , *142% 144 '■r » 15 . . 100 144 77 *74 * 37% 363/4 3 7 ¥2 36 ¥a 25% 253/4 .,■25% 25% 25% 11% 11% 37 ¥2 170 32% ^32%' •; 37 2,800 - 25% 1,000 ^ ^ 100 > 1 >: 98 , '98 - • 98 . , 11% 98 *98'' ' •98' ► .10% - *¥ y, 50¥, A;-;A 50%. ,51 % 21 % * 22 vf 2222 ¥b *•98 101 "^98 101 102 102 -**101-102 , " - - .19,200 40 ' 22% 10% 10% A10% ; 483/4 11 ¥4 99 *98 99 ; 50% 26% 6i , '21% • . 6i ,.51% *21% 25 ¥4 10% 26% *60 ¥2 61 ¥2 , ~ .50% ...21%. *98 101 *98 102 102 *102 A 51 ¥2 - 213A.. ; 101 ,t 103 ¥2 10%. 13,500 2,500 26 223/4 233/8 : 25. ¥2 „ Gulf States 100 99 22% : .. " ; o. „ Utilities Co com.No par $4.20 dividend preferred—!!—10O' MI'/b. -11% W .^,.11 ¥a * 1 Gulf Mobile 8c Ohio RR com.No par $5 preferred I L No par Gulf Oil Corp 25 $4.40 dividend preferred A 23 I- 56% v 3 Sugar 28% 45 ¥2". 463% ♦87 " A 90 ♦125 .100 preferred—1 Grumman Aircraft' Corpj_ Guantanamo ! - 1 Inc ♦10P/21103 112 22% 98% 3% 17%, •118% 120 8% ' 8¥t 8 ¥4 110 283/4 343/4-34% 17% 61 "i 10 8c Western RR 4¥4% 11 120 193/4 - No par 111 28%- ; 98 12 ¥2 Common b 14 ¥4 Jun *118% ' 3% 18 ¥a 22% 23% 39 ¥b , f.;v l 5 108 " 20% *88 - Ore Prop_.No par pfd! No par Sugar com No par Co *23 33% 17 % -• 3% 98% 18/ ' 35 103 M:v *48 y preferred (S L) 24% 8% 27% ? 27 % 100 Greenfield Tap 8c Die Corp..No Greyhound Corp (The)— 6 27% Jan •' 7% 3 12 ¥4 Jan . -51% July 25 ►-20% May 23 A ■4 23 ¥2 Jan 17 100 Western 82 2 44 4 43% Jan * 29 10% Jan 12 23% 35 85 Inc__._.4 $2.25 conv preferred... 154 6 9% July 17 Apr 17 Dec 78 Feb 24 24% 3¥2 18 ¥4 33% 98 Ry 6% ,18¥4 Jun 16 31% July 233/4 3% 18 8% 89 - Iron 29 18% Apr 137% Jan Apr 28 31% 35 ¥4 35¥3 : 20-3/a 1 3% % preferred .___! Grayson-Roblnson Stores com. 5 38 3 20 -31% 33 % *78 • (The)— 10 Steel !____12.50 8 •19% 31% 8% 45%¥ 46 r 1 (W T) Co common! Jan 20 31% 32% *87 * Dec 37 • - No par 12 20 32% *35 % 29 ¥2 •101% > 9 ____No par Batteries 31 20 23% 120 108 *347/a Co City *118 ¥2 48,800 1,300 122 ¥4 122% 20 23 Shares . 48^'.. 31% ■ 18% 22 ¥2 >/ '^'48% 48% 122% 98% 35 ¥« 28 ¥a No par com Hosiery Grand Union Granite 14 s- ■ 48% 122 the Week $ per share 98% 8 ¥4 32% 32-3/4 100 Graham-Paige Motors Granby Consol M S 8c P.. 9 23¥a 49% 122 Sales far ■ A 983/a 3% " 3 ¥2 18 120 •"W* No par ; Gould-National 23 •118% ~ 100 com preferred Goodyear Tire 8c Rub $5 preferred ! 2 Feb 23 No par V common •1 28 ¥2 Mar 16 29 17% Feb $5 43 ¥2 Mar 17 Apr 24 Jun Goodrich Co 8 4% Feb 6% July 10 32 ¥b Apr 4 93-• Feb 50 6 27 ¥2 2 14 July 25 109 Mar 14 27 May 23% A" / Friday ; July 27 ' 8 per share 983/4 - ' 20 Goebel Brewing Co. Gold 8c Stock Telegraph Co Goodall-San ford Inc 1 19 Jun convertible 32 ¥2 18 ¥4 108 par 4¥a% 20 32 3¥4; 18 ¥e No par pfd Gleaner Harvester Corp 2.50 Glldden Co (The) common___No 31 Mar 24 ¥4 Feb 8 10334 Nov 2 9% Jan 3 July 2% Jan Sep~28 31% 3 42¥4 July 27 63 ¥a July 27 Jan 21 ¥b Jun 25% July 100 2 30 lo 45 30 7V\ Jun Jan 16 20 ' 24 ¥4 3% - preference_.No par common! .9 $4.50 preferred.. No par 30 < 28 l¥a Jan Gillette Safety- Razor 23% ■>•■•■■ $5 convertible Glmbel Brothers 5 22% Feb i- 65% Jan 2 105 ¥2 May 14 11 ¥4 Jun 29 28 13 Mar 20 94 ¥2 Jan 101% Jan 30 13 30 ¥4 Feb 24% Feb CLOSED 19% '31%' - 48% 122 99 ¥4 32" 19% - " •■ I per share 48% 99 ¥4 Thursday Jllly.26 July 25 122 ¥4 99% *35 preferred I ! 33/4% preferred Georgia-Pac Plywood Co_J 16 • - 48-%' 122 PRICES Wednesday " 4 ¥4% Apr 14 100 8¥a Apr 24 July 26 10 ¥4 Jun • STOCK • 122 •99 1 General Tire 8c Rubber Co 30 Jan 3 42% Jan 105 43% Jan 29 Jan Feb 13 Jan 18 51 ¥4 May 2 • -47%- 48% __No par General Telephone- Corp.! General Time Corp common 4 ¥4% preferred 39! 26 2 July 19 /18% July 27% Jan 8 92 3 29 29 96 ¥2 Jan , 2 103% Jan Feb 10 16% July 134 %~DecTr6 ; 17% Jan 94 59 106 ¥2 July 20 13 ¥2 Mar 24 • 18 24¥b Jan Jan 105' July 10 " 7 31% May 62% Aug 16 7¥4 Jun 27 t Jun 8 General Shoe Oorp_— Gen Steel Castings $6 -29% Jun 84 22 General Refractories 17 119 80 29 26 39 Y* Jan 24 2 17 37% Jan .33 ¥b Jun 29 6 Jan 12 9 ¥s Jan 2 Jun 100 ' 27% Jan 17 130 26 24% Jan 10 " 16 Jan General Public Service-^.. 100 General Public Utilities Cojrp 9 Gen Railway Signal com__ No par 6% preferred ..100 General Realty & Utilities lOo 9 $ per share 1213/4 EXCHANGE SALE Tuesday July ?A I per share ~ 9 per share par 23 19% Mar 28 21% Sep 9134 Dec 19 80 Jun Feb r < May 15 " 101 ¥2 Apr 34 Jan Aug 22 26%. Dec 4 13% Apr 27 29 99 68 Jan 30 ¥2 Jun 17 77% Jan 23 • 6 10 24% July 20 Jun 29 118% July 20 ' /8 July 2 • 30% May 11 41% Nov 24- 25 Jan ' 18 128 24¥2 July 27 22 28 39% Dec 30 22 33% Dec 22% Jun 27 30% May 2 101 ¥2 Jun 28 8% Dec July 13 Dec 10 HIGH Monday July 23 July 21 General Motors Corp common • *9 preferred No par Preferred $3.75 series _No par Gen Outdoor Advertising.: No par General Portland Cement Co l Gen Precision Equip Cerp No : 40 ¥4 Jan > 17% May 19 3 Jun 27 16% Jan 3 Sep 11 3 21% Feb „ 17% July Saturday Par 2 105% Jan • 25 14%^luiyT3 May 126 ¥2 Jan May 22 31% Jun 21% Dec 26 STOCK EXCHANGE ( per share Jun 25 96% Jun 23% Apr 11 12% July 12 Jan LOW AND NEW YORK Highest 22 Ye 22% 27 22,300 ; 500 61%. 61%51. > 51%u ..21¥*- ,21% 1.01 „ ♦102 . 103 ¥2 52,700 8.400 . "20 lfl ' ' (374) ' • • The Commercial and Financial Chronicle . . . Monday, July 30, 1951 ' NEW YORK STOCK RECORD S per t per share $ per share j Range Since Jan. H m 14 30% Feb 28 33 35 24 30 Va Jan 19 39% Jun 18 Sep 29 14% Dec 29 15% Apr 80% Feb 73 % Jan 8 20 13 s/8 July 25 11% Jun 15 66 % July 13 Nov 104 Apr 20 Jan 3 141 Jun 30 149 % Dec 22% Nov 28 8 108% Oct 11 Jun 103 19 30 8 July 18 10 6 5 81% Nov 1 72 «% July 13 11% Oct 9 x9% Jun 6 July Jun 6 % 83/a Jan 8% Jan 7 253/i Dec 28 21% July 19 333/4 Oct 23 31% July 12 •3% Feb 3 98% Apr 5 89 31 y« Dec 8 41 Jan 9 34 % Jan Mar 20 107 Oct 26 95 Jun 25 33 Ye Mar 16 23 Jun 97 25 25 Dec 20 39 Jun 34 Feb 27 Helme 7% 40% Feb 1 9 23% Feb 24 Hercules 15 Hercules Powder 121 48 Jun 56 2 Apr 38 127% Mar 13 2 Jun 54 Mar 29 Feb 8 51% Jun 25 " 18 20 % Jan 3 27% May 18% Jan 4/ 25% May 15 72 3 ' 86% Jan €8 3/8 July 24 Jan 80 6 July 6 14% Jan 4 12% July 18 ' 17% Fen 19% Sep 5 18% Mar 29 16% May 11V4 Mar 9 12% Jan 31 15 Jun Jan 22 8 3 3 * 16% Apr 18 173/4 Sep 6 20 ye Aug 18 18 Va 25 y2 Jun 12 29% Mar 26 % 34 Jun July 25 47% Jan 11 Dec 13 107 Hollander 8 Holly 19 19 Honolulu 29 105 Jan 11% Jun 29 Jan 10 30 % Jan 20 38% Feb 10 3n% .Tan 88 993/4 Mar Oil $2.25 13 preferred conv 103 Jun 22 24 12 62% Dec 11 54% Apr 4 71,. Jun 11 Houston 24% Oct 19 18 3/a July 23 21% Jan 10 Howard Stores Corp 15 Howe Sound Co July 28 100 3/a Dec 3 18 July 25 96% July 10 107% Dec 22 20% Apr 17 38% Jan 15 33 July 25 58% Dec 29 7% Aug 1 11% July 21 22 35 y4 Mar 13 July 13 24 13 173/4 Oct 18% Dec 4% Apr 25% Apr 5% 5 19 203/a Feb 26 3 28% Feb 14 4% Jan 19 22 18% May 15 13 Hudson Apr 10 • per share $ per share $ per share 39% 253/a 233/a 74 % *74% 13 V8 13% 25%- 25% 25% 23% 19 % 20% 13 13 13 24 % 23% 24 23%' 24% 103/8 9% 10 *9% 18% 18% 18% 19 27 27 19 18% 27% •27% 37 35% / . 56% / 60 \ 10*4- 36% 7,400 57% 61 59 104 104 •59 ♦102% 12 12 , 34 < 36 36% •88 89% 99% *98% 99% 19%, ,19% 18% 19 7,100 67%: 68% 4,900 99% *98 3/4 •18% 18 18 Va 66% 67.% 67% 68% 68% 69 % 67% 68 %•" 18% 18% •18% 18% ♦18% 18% 18% 18% 60 60 63% 62 631/2 18 18 Vs i* .. 5% •13 14% ♦13V4 53 c 53% sv* , •••-•3- 19% 19 Vs LOW July . Monday Par 21/1' 3 HIGH 3 19% 40 *18% 18 "Va 300 .63% 63% 3,o00 53a - .5% 700 14 >12% 14%.. :'i— t 52 Va 53% 3,700 13% 19 Va 3 Vs 13% 13% 20,000 *19% 19% 400 3V« 3,800 19% 2,200 19% 19 - 19 Va 3% •; ■>: - <19 S 3 19% , SALE PRICES July 24 f per $ per share Friday July 26 (he Week Shares $ per share I per share share Sales for July 27 Thursday Wednesday July 25 Tuesday / 19% *19 3»/a 19 AND > $ per share f per share / • 18% ' ^•Juiy 23 Saturday STOCK 19 Va 18% • 19% 3 ■••••/ %■ 3 • 1,500 > 53 V4 13 3/a * ' >19 ' < 5%: , 53 133/4 13% 13% 13 13 Vs . < 5% ." 53% 53 53 Ve 12% 14 *12% ,14'- 53 Vs 62 -< , 5% 5% •5% *13 12.50 62 60%; %', 1,300 89% 99 18 34% 34% 34% *98 •98% 2,700 36% 89 - 12% 36 363/8 88 99 200 12%' 34% 36% 90 / 2,000 64% 104 104 12 Va * " •88 37 v r 61 60% 104 12% 12% 34 34 34 37 89- *98 57% 37 57>. :..*88 37 89 5,900 56% 37'/a 58% 34%' *33% 600 36% 36% 60 1,900 27% 36% 57% 104 /, 10 V 18% 37% 59% 10% 27% 58'/a "11% < 3,000 1,200 18% >- *27% 37 104 12 500 ' 27% 18% 27% 36% ; • *103 *11% 203/a 56%, 1 56 , 2,500 20% *12% " 10% 10 19 Va 123/4 24 . Z 24 10/', 4,800 18% 13 23% Ct 10 13%; 13% - 12% 18% 18% *1?%. - 24% 8,600 77% ♦75 13% 13 Va 700 23% 23 % < 77 Va *75 13% 52% •51% 23% 20 600 40 39% 52 ' 27% 6.66% $ per share 5,200 40% 25% V 76 1,400 69% 122% 18% *51% 25% . 19% 68% •121 % 19 693/4 123 3 21 % *39% ;■ 52 23% 25% 74% . /;■'10.^1 ;v * 39% *51% 23% 19 69% 70% 123 25 - * EXCHANGE Highest Lowest Highest 19% 19% 40 40 38 ♦37 38 1,100 23% 23% 23% 23% •37 - 20 99 *98 » 1,600 39 % 39% 1 5 Inc NEW YORK Range Since Jan. 1 38 />,• 13 Vs STOCKS Year 1950 Lowest :■ 23% *37 19% 23% 74% 23% Corp .' — 1 Hussman Refrigerator Co.—No par Range for Previous 38 % *25 v.. 23% 13 No par (Del) Texas Car Motor Foods 25% . *18%, -19 Vs 13%;/ Hupp Jun v *12% preferred 100 Ltd—No par non-cum Hunt 25 3 22 / , Hudson Bay Mln A Sm 58% Jan 12% July 23 20 3 of Oil 23% 23% 52 Hudson & Manhattan common—100 2 Jan 19% Mar 2 * — 17 Vs Jan 7 12 1% Jan July 17 July 48 % May 24 8% Jan 16 9 5% July 18 11% Mar 13 Nov 643/4 Jun 50% Mar 15 53% Dec 30 9 18 107% Jan 99 40 % *73 100 100 33/4% preferred 4% preferred Houston Light & Power Jun 39% 99 *51% Household Finance common—No par 7 1 Mar 22 94 39% 99 *39% 23% No par 3 —50 common 40 52% No par 5 Houdaille-Hershey 91 40 200 31% *88 69% *24% 30 12.50 Corp *31 91 ♦121% > 5 10 - common 3P/4 *88 70% • preferred $4.25 17 373/a Jun 34 29% July 13 Jan Cbrp *31% 121% 5 & Sons (A) Sugar 313% 89 *98 99 2,»00 23% 23 23 23 20 300 5,600 7 6% 7 6% 22% 22% 70 Va Hooker Electrochemical Co com 29 15% Feb 36 Feb 9 14 «. 5% conv preferred Homestake Mining 64% July 27 11 Jun • 10% July 13 29 % July 27 9 23 Feb 66% Jan 2 July 98 May 24 9 423/i Feb ' 26 42% Jan 47% Nov 24 8 Paper (Charles E) Holland Furnace Co 6% 8% 40% 19% 70% *51% 3 10 1 Co Dauch & Co 22% Feb 14 93/a July 11 7 52 32 % Jan 101 25% Mar Hinde Hires 28 3/4 Jan July 16 Apr 25 5 13 10 3/a x39% -<39% 5 Hilton Hotels Corp 21% Feb 21 15 Jan 29 14% Sep 27 July 12 3%% 31 *10 121 % Chemical Corp common—1 preferred series A 100 Heyden 10% " 19 123 *121% 100 Inc Hewitt-Robins 2 ' *10 ■ 89 37% , , 10 6% *31% 23% 24 69 Hershey Chocolate common—No par 4%% preferred series A 50 44% Mar 12 19% Dec 26 27 No par 40 *98 •39 common___No par preferred 5% 127% Mar 15 25 4 non-cum *23% *38 % 18% , 6% 73% 10 32 100 400 6Va *72% 91 - 900 6% 73% 22% 32 *88 - 40% 40 % "98 25 Motors- 79 223/4 Feb 91 preferred 6 17% July 64% Mar 15 Feb 89 10 common 36 3/4 Apr 103/4 Jun 10% Apr (G W) 1 Mar 10 62 y2 Aug 23 15 % July 14 20% Dec preferred 3.65% 31 5 32 23% *6Va 6% 6% 149 23% *12 Va 10 22% 22% 32 100 25 100 Co common 3 44 29 July 25 12 (H J) 20 3/4 Mar July 27 122% Aug Heinz 22 89 " < 1,900 29% *29 Va 23% 73 *6% 73% /. *9% 6% 6% 5 common preferred 33/4% 413/4 July 13 106 % Jan Co '- 104% *145 149 23% 1,200 , ,'■/// 77% *77 *102% 29% 29% 3,400 14% 14 > 14% 77% *145 23% 5,500 17 % , 17% 73 6% *6 *71% 29% 23% 700 38 Va 38 ' 104 y4 *102 V2 149 *145 23% 14% *77 104% 29% 29% i; 14% 77% *77 *102% 149 23% 6 '73% *9% /id-// 15 Glass Co Hazel-Atlas Hecht 8 Mar Mfg Corp Hayes 8 69% Dec July 14 14 49 July 23 Hayes Industries Inc 12 Mar preferred 29 ♦71% *13% 14% 104% •145 r 23% 6 1 100 —1 2 of America common Corp 4 Va % 12 37 ' 2 103 Hat 27% Jan July 17 3 20'/8 July 18 10 Schaffner & Marx_ Hart 5 Apr 12 113/4 Jan 11 28 25 July 17 5 Mar 82 12 73/a Feb 17% 17% Sharee 31% *30% 38 Va 17 % Sales for (be Week I per share 31% 377/s 17% 77% *102% V - 149 '• 23% 31% 38% 17% 14% 29 28% *145 31% 37% *77 . 104% ♦102% 100 preferred 77% *77 ♦30% • 17% 14%' -14%:/: ;>■? conv 6% Jan 2 22 22% July 27% Jan 3 5% Jan 64 % Jan 1 16 Jan 17 CLOSED 17% 17 EXCHANGE No par preferred 100 Hanna (M A) Co $4.25 pfd__No par Harbison-Walk Refrac com__Nopar 4% 32 Va Jan 154 5 Printing Co (W F) Hamilton Watch Co com 7 May 107% May 2 15 Jun 146 6 81 28 27 J/4 July 313/4 Dec 30 Hall 15% Mar 14 2 11 31% 37% / Z/, 37% ' 1 18% May ; 4 13a/a July 31 36% STOCK 9 per share b 9 per share 38% *30% 30% Oil Well Cementing—5 Halliburton 14 23 Water Hackensack Jan 23 46% Feb to% Dec 92 Vs Apr July 25 $ per share Friday July 27 Thursday July 26 Wednesday Tuesday July 24 9 per share: - $ per share Par HIGH SALE PRICES AND . July 23 July 21 EXCHANGE $ per share share Monday Saturday STOCK NEW YORK 1 Highest Lowest Highest Lowest LOW STOCKS Range for Previous Year 1950 I 40% Mar 15 33% May 15 39% Jan Idaho Power Co 34% Jan 62 Dec 52% Jun 29 75% Feb Illinois Central RE Co 62% Jur^O 99 Dec 8 Jan 2 34 60 Dec 20 25 Ja.r£5 20 96 80% Nov 29 41'/, Mar 23 60 Oct 27 523/4 Jun 9 62 Dec 14 523/4 Dec 18 ' 7% July 13i 10% Dec 18 355/, July 12 53/4 July 14 42% Mar 28 68% Dec 30 63 * 83 Jun 333/4 Mar 27 9 29 Jan Dec 48 Jun 155 1 Dec 15 Jan 26 Apr 10 563/4 Dec 30 20% Nov 22 183/4 Jun 175 9% Aug 8 16% Jan 16 62 Dec 100 13 25% Jun 27 1713/4 July 13 8% Mar '2 71% Feb 2 5 25 3/a Feb 23 Jan 6 12 Mar 28 23 5% Jan Terminal RR Co 5 8 Va 8 % t*' 8% 8% 8% 8% 8% 8% •8% 32% 32% 33% t 33 Vs 33% 33% ♦32% . " •> £; -,7% .V , 611 ♦81 • 73/a 7% "* * ♦60% Ctfs 20% Feb 2 Interlake 25 220% Feb 3 Int'l Business 29 37% Feb 14 Int'l Harvester Iron 159% Jun 26 14% 243,4 15%' No par — 3% 206% 31% 100 preferred .,161 73/4 July 12 2 16% Apr 13 Int'l Dec 22 133/4 Apr 6 27% Dec 30 10 3/4 Jan 97 25% Jan 10 Aug 18 95% Nov 17 873/4 May 16 36% May 29 96% Jan 31 Int €1 161% 3% Dec 8 9% May 25'/a Mar 31 1293/4 Dec 9 11% Dec 36% Dec 18 137% Jun 7 14 33% Jan 25 104 Feb 5 July *9% Jan 8 .1 12 3 143/, Aug 7 59% Sep 18 110 Sep 1 9% Dec 72 22 3 Jun 5% Jan 25 31% May 24 129 Feb 40 Va Jan 2 47 Jun 30 Preferred International Packers 56% Jan International Paper 17 Feb 16 Oct 19 July 10 International Salt 38 ya July 18 46% Jan 28 393/8 July 10 44% Feb 28 International Shoe 42 Vi July 613/4 Oct 7 53 73 International Silver common 1 33% July 10 32% Aug 30 * 9% Jan 17 3 July 17 20 y2 Jan 36% May 16 Apr 22% Jun Jun 6 39 3 53 May 4 Jan 27% Sep 22 25 173/4 July 26 22 Dec 28 20% July 27% Jan 353/4 Dec 30 32 135 July 11 5% July 18 14% Jan *91 Oct 5 6 54 Va July 19 103 Jun 26 141 129 May 24 Jun Jan 3 73/4 Jan 11 43/4 Jun 18 3/4 Sep 25 18 3/a Jan 963/4 May 15 86 70% Mar 64 107 % Mar 3 Apr 1 98 July 47 Jan 75 30< 64 Jan~13 23% July 17 < 343/4 Mar Jacobs 27 90% Jun -- 29 Ve July 27 6. 4. 2 Jun - 31% Jan 29 28 99 18% Jan Dec 25% Sep 15 23% Mar 30 26 July 13 22,/ TU!y,2 TUJy P 14% July 26 IO/2 Jun 103/z Apr 10 109% May 18 66/4 Dec 19 70% Nov 18 19 Mar 6 92 July 16 97% Apr 23 57 Jun 2964% Jun 28 15% July 20 30 14% Nov 27 Jan 13 28% Dec 30 28 Jan 5 16% Jan 30 25% Oct 23 24% Jan 2 For footnote, see page 24. 12% Jun 29 Joy 9 9 & & 67% Steel Laughlin 12% 10 com 15 15% 15 Va 15% 25 25% 293/4 25% 29% 25 Va 29% 33% 33% 33% 33% 33 Va 33% 34 35 1.100 / 26 26% 26% 26 3/8 26% 261/4 26% 26% 4.200 I21% 213/4 21% 21% 21% 21% 21% 21% 33 32% 32% . • 33 < 91 2,000 -r- *5 Va 5% 5V8 *19% 19% *19% 88% *88 89 *68% 69% 1,600 19% 88% 68% ♦88% 68% *100 90 ' 68% 101 *100 < 60% 61% 60 75% 75 75 75% 60% —_ 61 60 < 6,200 500 76 *74% ;75% 20 1,500 101 ♦100 101 400 68% 68% 24 24% 43,300 23% . 23% 23% 23% 23% ■24% *90% •v :■> 30% 5% 19% 61% 61 7,000 ■ 5 Va 5Va 101 *74% 1,000 135 *129 19% 90 / *100 233/s 135 2,300 32% 32% 33% 135 5 Va ♦88% 68 ♦130% 32% ♦129 31,900 ■ 30 19% 5'/a - 30% 1 135 *19 753/4 :/:• 90% 2,000 36 Va *34 293/4 101 ;:22%' 800 ' 63 61 Va . 153/B -61% 75 39% 39% 36% 24% 67% 603/4 1 91% 90% 90% 90% 90% 90%' 90% 210 33 32% 33% 32% 33 32% 32% 8,100 31% 31% - / 32 30%-. 30% 31 31' 31% '' 31% 31% 31%. 10 13 13i: 13 % 13% 13% 13%- 13% 13% •13% Kansas City Pr & Lt Co com_No par 25 25% 25 Vs 25% 25% 25% 25 Va 25% 25% 92% *93 Va 98% 98% 98 Va 98%. 59% 60 % 61 60 Ya 61 61 % 62 68 65 65 16% 16% 16% 4.900 98% Kalamazoo Stove & Furnace 1 5 4% cum Kansas 15% Feb 6 Kayser (Julius) Light Co Power & 94 *92 % 94 *97 98% *97 98 Va 8.75 & Co Kelsey Hayes Wheel conv class A Class B ; , *92% Kansas City Southern com__No par 4% non-cum preferred 100 1/ - ' 100 preferred 17% Mar • 100 preferred 3.80% Jan 75% Feb 8 70% Feb 24 310 200 29% 90 *100 ... 100 Kaiser Alum & Chem Corp * July 11 32% Apr 20 30% Feb 24 100 No par : preferred series A Manufacturing Co 103% Feb 108 Johnson 5% 3 33% May 14 11% July 17 * JS# *a,n f5 103 /z Jones preferred Corp Munville 25 29' 5 33/4% Johns 56% 44% 24% ♦130% 135 *88% 900 56 *41 15 5 Vs No par Johnson 29 •130% 7% 29 > 26 % ; *34 36% 105%. 15 % 193/s Co Inc common 16/s Dec - 5Vs Jewel Tea 34% May 34 34 .•-"19% Jersey Cent Pwr & Lt 4% 5 17,300 ' 7% 25 *24% 29 1 Mar 16 11 50% 49 % ♦103 • 29 15 ^ 24% *28% J Siillll Co ♦34 ; 15 Vo 24% No par Feb Jan 36' v c 14%;; »—No par 95 62% July 20 2 *34 5 69 106% Jan 7.000 64 No par pfd__100 783/4 Jan 25 120 13 Va 39 % Jaeger Machine Co 7 132% xl3 44% *34 $6 preferred (F L) ♦41 36 I 10 33,800 *131% 7% 63% 32% 18 35 V* 50 Va 39% 32% 8ya Jan 1,200 34% : 106 r 63 50c 22% Feb > 3 Ve 57% / 57% 59 ♦57 h 7% 39% common 4 *103 8 43 213/4 Coal 49% 50 Va 106 *7% 62 213/4 Creek 58 , 39% 10 Island ♦103 43 Light Co.. 28 139 Mar 24 9 *2 -—-- 98% Dec 5 49% ; 62 62% v62% Iowa & 7% 7%: r-'i. 57 56% 26 Va Power z,r 200 3% 13% 39% .— 7 Mar 27 213/8 jun 61% Feb 156%; Iowa-Illinois Gas & Elec Co..No par 19 39 -7% 9,400 89 *87 T-. 132% 13 V* 43 Stores Feb May 11 51% May 18 Dec ■; Dept 50% 105 ♦103' 105; 7% 25 Intertype Corp. SffiP 36% July 26 3 1 Interstate 31 233/4 Jan 9 July 12 48 Jan 35% Jan 37% May 28 27% Jan 24 *131% 13% > 61% International Utilities Corp 5 35 V* 131% 13% 35 39% International Telep & Teleg__No par 24 34% 34% 43 3 31% Jan 49 V< 49% • •102% 35% 3% , 40 7 273/4 July *3 Va 3% 1313/a 13% 13% 14% 7,100 34 Va 89% 710 14% 34% 89 % 162% 14% 34 % 89% 45 18% Mar 14 34% • 132 ♦131 Va 13-% 14% 35 Vs 32% 162% 162 143/8 ; 1,400 i9,gio(r*w .,32% 32 % 31% 162 70 213-"* 212 210 210 32% 162% •3% 3'/a 343/8 34% 16% 40 26 3/a May 22 9.800 *43 8 Apr 2,100 16% •*•■-15%,. 17 16% 210 ■' 25 2 Dec 3% par No preferred 7% 30 2,500 98% 3 Vs ; . 3Vs 3% *—No par 13 Va Jan 45 5 4 20% Jan 30 8 35% Jan 5% 19 4 23% Dec May 19 21 July 12 28 47 2 49 25% 98% - 7,200 50 : 98 14% 89 3% 132 13% Int'l Rys of 25 % 25 ' 7.50 common No par Cent Amer com__No par preferred 100 $4 preferred... 6 11% Jan 733/4 Jan 109 29 6% July 12 11% J 500 34% '■ 34% 89f ] 3%' 3% 333/4 Limited—15 34 >/« 89 132 100 ... 14% Jan 22 May 24 99 Corp - 7,400 11% . *88% 14% //■/!*%;. 34% 34 *87 Int'l Nickel of Canada com__Nopar 10 133% Jan 14 12 3/4 Jan Mining International 3 5 100 1 Chemical com & preferred .22% 11% 98 162 162 161% v 14 Va 14 y8 Hydro-Electric Sys class A—23 Minerals 4% 21% 25 32 58 % *65 59 59 68" * *65 92% •97 ; *63 : 16 , 16% 16 Va •63 67 16 Va 13 13 13% 13% 13% 13% 13 13% 13 1 28% 28% 28% 29 29 29% 29 Va 29 % 1 26% 26% 26% 26% 27 27% 27'/a 21 Va 14 - *29 27% 2,800 • 25% 6,800 94% 67 , 16%" 5 . *93 V8 95 - 15% « 1,500 ? 49% 25% 163/s 32% : 21% 98 208% 209 31% • - i 81% 81% *157%; 160 50 *11% 11% . . 500 21 97 3% ; 206% 206% 31% > 3% •'"'"■iuVe- ;'-:i6% 16 No par common——No par Machines 97 2,300 2,400 - 82 ' 97 /: 160 25% 25% .25 • 48% 213/s "11% 11% Fii'% ; ' 1,100 . • 62% 61%. 62% ' 97%- ,97% 3Vs 3 Vs 9% 33% *7Vs /. 7% 7% 81% 48% 21% 49% < ♦157% ' 160 48 Vs 48 *49 ' 5,200 49 *48% 49% 61%; ' ♦llVi No par 81 49 *7 62 80% 20% >21% v ''24%.. x—8 .100 . •157, 160 47%* - , 20'%. 20 J/a .4 Inc Corp common 48 7 ♦48% •49 '49 61% - 81% 81% '*157 *157 ,*<160 *;, r/-v47% f, "62 61% 82% 20 preferred Intercontinental Rubber 28 .<« —No par Copper. Cons 33 323/4 • ' ♦7 1 4%% 7% 35% 49% -34%.,35 100 1.550 / 35V4 *48 % Insuranshares 31 58 34% ♦48% 30% Jun Jan 58 49 % 199% Jun 179 57% 35% 115% Jun 16 102 35 36 Vs 35% ♦ 563/4* 57% 49% Mar 29 Jan *99% *99 101 101 '56 54% *48% 32% Oct 23 181 15,700 343/4 "*'•48% Interchemical 3 500 60 103 49%' Inspiration 29% May 9 10t3/4 Feb 23 36 58 % 49% Inland Steel Co.—. 62 % Feb ♦35% 58% ♦48% IrigersolNRand common.jL—No par 6% preferred 100 168% May 18 24 36V4 57% 101. 54,«• ' 2 29. *353/4 59% *48 Ve Industrial Rayon—— 16 Jan 84 94% Apr 20 23/eJun 25. 183/, Dec 21 240 , - 54 : 35% 57% 50 50 cum Indianapolis Power & Llght_.No par Industrla Electrica De Mex, S A 1 / 54' 35% 57% - *99 / 101- *99 ■ft- CLOSED 56% • 29 23% Jan 9 4% Dec 29 July 17 185 Oct July 11 25% Oct 17 25 123/4 Jan , 11% Dec 20 14 1% Jan 45 % 16 1000 35% 35% preferred preferred cum Illinois 33% July 27 6 155 % Jan 38 12% Mar 30 . 11% Jan EXCHANGE A—100 Power Co common.—No par 4.08% 4.26% _ 13 ser series A ctfs 55 STOCK common.lOO pfd non-cum conv stock Illinois Jan 53% Feb May 24 75% Jun Feb 36% Feb 52 , 8% July 17 x58 29 71 29 6% Jan 6% RR 107% Mar 6 48 % Jun 28% Feb 19 1 50% July 2, 32% Mar 15 35% 56% x35% 20 62% July 25 ' . , 16% 13 10 . • 150 4,400 100 10,000 1,400 29% 1,300 27% 2,400 Volume 174 Number 5033 . The Commercial and Financial Chronicle . . (375) 19 NEW YORK STOCK RECORD Range for Previous STOCKS Year 1950 Lowest Range Since Jan. 1 Highest I per share Lowest $ per share $ per share t per share 49»/4Apr 3 75% Dec 28 67% July 2 1 63% Oct 17 57 2 3 27% May 24 47 y* Nov 27 ' 24 Jan 13 13% July 20 677b Aug 11 24% July 12 9372 Jan 20 19% July 76 V2 Nov 24 72 Jan 37 Nov 24 36 Jan 2 101 9 Dec 1 94 V4 Jun 26 ' 35% Dec 50, 26 42% Jan 20 July 13 3% Jun Jan Kress 6% May 24 •5% July 22yaJan 25 2 22 9 Sep~28 14 Dec Dec 9 July 17 67 July 17 July 13 24 % 30% Dec 15 7% Jan 3 73 Dec 177 Jun 15 5' 29 28% July 26 28 % Feb" 15 Jun 7 11% Jan 18 29 26% Apr 19 25 1% May 15% Feb 3 Jan Jan 11 Aug 164 July 29 % Dec 34% Jan 3 22 % Mar 24 13 9 36 y2 July 79 Jan 9 66 162 Jun 26 Jun 39 27 Jan 18 73% July 25/64 July 25 184 23 7%. Apr 30 Lily 48 J my 18 27 Lion 17% Jun 29' 46 7b Apr 21% Feb 5 17 74% May 17 Oct~~4 .17% July 2 ,14/8 Jun 14 4,400 19 37% 377a 5274 7872 30 42 4 52% -35 500 47'A 423/a 4,100 95% 423/b 96% 377a 10,200 95'/4 240 *77'/2 78% 42 35 377a 37% ' 52% 6,100 800 52% 35 - 357a 35% " • 2,600 27% Jan 2 ;12% Jan ">2 29 4 21 x81 Feb 13 18% Feb Jun 29 25 170 Jan 17 4 33 Apr 16 48 % Jnn 29 4 i27'/4 July 23 17 ;102% Dec 4 .96% Jun 18' : 30% Dec 30 ;30y8J»n 2 3 ,59 % Feb Lorillard 7% • 39 Feb 5 103 Feb 19- 4%% 43% July 27 Range for Previous / Year, 1950 Range Since Jan. 1 Highest / t per share Lowest r % per share 87b 83/4 87b 83/4 87« 4,700 227b 223/4 23 223/4 227b 22% 107b 1174 174 153/b 103/4 1074 53/8 *51/4 673/4 677s 68 3/8 21/64 19/64 *5'/2 57b 3/8 •'•r.v Si 673/4 12,500 21/64 318.600 21/64 19/64 Si 34 113% 1378 *21 21% 34% 337e : 34 34% 8% 83/4 85/e 36% 3674 3674 *35% 69% 69 69% 681/2 6978 68% ■ -5674 57 *4572 46% 4572 ,.4378 20% >77 "7 400 7,500 167 70 • 563/4 3,600 46% 1,400 443/a <>5674 573/b 473/4 193/4 80 5,600 6978 167 165 447a 443/4 207b ;*77 / *162 57 •7', 11,700 83/4 36 ' 47 56% 47 20 197a r 167 ♦165 167 427s 43 7b 8'/e 1,300 2,800 3472 21 *36 47 80 14 21% 133A ; 83/4 56 57'/2 47 7b 87b 7 1,800 ■ 29,300 ' 443/a 20 20 46% 433/4 • *77 807s 207a ,'1978 20% 807a y, *77 ;y 4,200 20 193/4 • 80 20 34,200 15 1574 15% 15% 157a 15% 157a 1574 157a 167a 24/200 247b 237b ; 24% 2474 243/4 24 74 243/4 23 5/8 24% 40 40 40% 41 4072 41 39% 40 74 147b 15% 143/4 15 1478 15 » >; -143/4 19 j:''-:- 41 15 15 v f/z 271/2 98 38 LOW Saturday July 23 53 v4 98 ' 2872 39% HIGH SALE 533/8 53 287a 98 4,100 223/0 3 2 5/8 523/4 19,200 1503/4 533/4 2872 30 900 . z 397a 3,700 9672 '■ 39% - 4,300 283/4 *953/4 9672 3974 - < 28'/2 *95 397a 3974 —. 43% ; >y 7,800 PRICES Wednesday Friday Sales In July 27 the Weak Thursday , July 25 July 26 $ per share I per share $ per share . 54'/4 *9572 Tuesday July 24 " I per share 9 per share Par 227b 32% 323/4 . 5,000 2,500 ;> 15 1503/4 22'/2 1513/4 323/4 28 AND Monday July 21 53% 38 ; "J-- ,2274 *1503/4 3274 28 53 27% 521/4 *3772 227a 1513/4 327a 19 5/8 " *9572 517b 27% *95% » : 223/8 327a *323a 323/4 7' *150 3/4 151 150'/a 152 *32% V 223/b 22 74 227b 221/4 *151 I9s/a 193/4 1974 197a *40 , 50 $ per share 300 67% 68 2,800 . . 233/4 STOCK • 5'/a 36% *165 1651/2 1 ; STOCKS 5% 683/4 697b —.100 t 5% ' - , 83/4 . 16,400 17b 153/4 14 • 111/2 174 211/4 " ; 1,600 f 155/s 13/4 67 8/b 25/64 1,900 223a 11% 1178 ' 5% 687b - 157s 13/4 1572 36% 83/4 193/b 107« / * 57b 68 34% 333/4 7 337a 361/2 427b No par com ' 17b 157b ——10 EXCHANGE -. 83/4 17b *77 10 ; & .Sons Inc NEW YORK Highest 10 83/4 153/b 57 100 Co__! Steel 19% 96% *13/4 463/b ..No par preferred series A Luikens 1,100 1974 *9472 153/8 165 j; l Co common.. (M) 61 193/4 95% 15% • 69 No par 100 preferred Lowenstein 61 191/2 9572 17s 87b ..23 : , .No par Corp.. 10 (Md) A___No par Louisville Gas & Elqc Co (Ky) Louisville & Nashville— 13 61 »/2 197b 951/2 lO'/s *3674 r Cement (P) 6172 197b *9374 223/4 87s 33% / 7 No par Long Bell Lumber 30 % Jan 613/4 600 1274 197b 14 com Long Island Lighting Co 150y4Jun 6172 ' 95 72 21 a preferred 15% Jun 25% Jan 19 1,400 14 No par 47% Apr 27 -1 19 21% 5 Ipc 18% 14 10 Co Star 18% 21 100 convertible Loew's Lope *1874 137s Lockheed Aircraft Corp... 9 May 28 18% 21 Co.— Oil 47 133/4 t. 1,100 1274 203/4 Co 7,600 , 243/4 83/4 95'/2. 32 24% 245/s • iar -1,200 *4672 23 - 7 133/4 5 Tulip Cup Corp 3'/a% 1 7% 7 i> 1774 611/4 667b v - 197b 53/a v 245/a > 47% *151/4 • 7 65/o *93'a 197s 9 ' ♦1274 17b .. 6 s/o *47 10j/b .. * 12% 23 23 7% 7 , 4872 *47 177» 60 3/4 61 243/4 1274 12% 48 72 173/4 7% 67b 243/4 ' - 247b *47 177s 7% 6% 7% 6 123/8 123/4 87b I Liquid .Carbonic Corp com 20% July 25 28 29 I per share 10 preferred Liyic 29 Lowest 241/2 . No par Libby McNeill <fc Libby. Life Savers Corp Liggett & Myers Tobacco 60 97% Feb . 77b ■'v1; e 49 *931/4 l —i Libby-Owens-Ford Glass 3 Jan *241/2 1 '. Rights 2 17% Jun / 61/8 247b • *6- 19% Lehman Corp (The) 5 .40% May 29 27% Jun 29 38% Sep 21 i 71/4 'ft"** 1st preferred—No par 50c r.on-cum 2nd pfd No par 10% Feb: 8% Jan 36% May 23 50% Dec 21 i 357a *77% 737a 22% *181/2 *9572 5274 35 52'A 3478 -" $3 non-cum 35% Apr 3 Jan 37'/2 5274 351/4 5274 35 52% 38 373/4 38 *515/a 7'" / .No par 2 Mar 377a 'V :v; *60% com 25 Jun ;174 953/4 100 29 Mar 31 28 7 8 * ' 423/4 S common 2 8% Jun 13% Sep t preferred 30% Jun r 28% Aug 17 7 22% July 18 ' 77% 42'/4 8 .33% Jan 19 28 18% ■ 77% 95% 16,100 73% 19 96 Shares 76 22% 467a *181/2 77V2 177b Tire & Sons Co Lehigh Valley RR__ Lehigh Valley Coal 22 23 I 14% July 12 '45V4 19 4274 1 i. Lerner Stores Corp . 21% July 17 46 411/2 12% Lehn & Fink Products. 81% Apr 467a 45 'A *18 »/2 19 771/2 *471/2 Lehigh Coal & Navigation Co_ Lehigh Portland Cement- 2 23 (James) 3.85% 17 12 & Rubber I.ees ' 44% Nov 24 21% Jan 9 i Lee 16 i — 5 July 12 3 May Co 17% May 17 Aug ■ 67 Lane-Wells 27% Feb 14 % 22% 96 50 20% July 11 89% Jan. 74% 221/4 96 No par — 9 71 • May 15 y4 July 20 45% Nov 20 27 21 preferred 23 Oct 187 2 Bryant' common 4%% Si July 20 11% Jan 2 9% Oct 38 73% 221/2 41 »/4 4 Lane July 27 - ; 14% Feb Jan 8 Co 47b May 24 65 % Jan 2 Jan 753/4 463/a 4578 781/2 74 95% La 22% Jun : 8% Jun 39% Aug 28 ;• 30% Aug 25 Gas (The). 28 13% Oct 19 Mar 25% Feb ■ 29 Dec 9 8 . 100 y3 Feb ' Dec Co Laclede '7% Feb 27 14 29 20 • Kroger *77 % 75 ♦227a 221/2 *18 1/4 7474 73 747a *22 19 10 5iy2 Feb 19 V4 29 4% Apr ' Sales fa» the Weak t per share 743/a 41 No par No par v. 28% May 28 94>/2 Jun 28 3 22% Dec 3 12 30 7 ; Co. & 453/4 *18 1/4 CLOSED 100 Co H) 45V2 STOCK Consojidad 6% pfd_75 Pesos Mex Lambert Co (The).: No par 56 9 29 1% Jun May (8 S) (S 227a EXCHANGE 10 I 2 42% Jan 10% Dec July 26 723/4 73% 707a 713/4 221/4 No par common. 2 11% Jan 25 25 • Friday July 27 Thursday $ per share share ' 20 25% May May 687b 72 717a •' S per Sper share $ per share 71'A 1 preferred preferred Kresge 14% Jun 51 prior 4% 9 100% Sep July 13 4% Jan $5 Koppers Co Inc 13 7 62% 24 7 Feb 39 7» Mar 47% Jan 3 Jan May 4 44% Mar 21 39 12% Jun 25 20 80 103 t per share No par 56 % 5 25 167aJun 40% Jan PRICES Wednesday July 25 July 24 5 , __ 32 ' 15 94 Kimberly-Clarke Corp Kinney (G R). Co common 3- 10 3674 Jan 25 % Oct 5 42% Dec Feb 19% Jan &17a May 28 7% Dec SALE Tuesday July 23 No par 5 7% Nov'24 19% July 12 10% Jun 50 Par • - . Keystone Steel & Wire Co 6 28 Monday July 21 ^ No par 27 Jun Saturday < , HIGH AND LOW STOCK Kennecott Copper ; Kern County Land Co 17 75% July 25 25 % Jan 29 Jan ' 6 24 79% Jan • '7 35 V2 Dec 62 July 12 \ 34 % Dec 3 42% Mar 15 17% Mar 20 14 Nov Jan YORK EXCHANGE ' 457b Mar 15 7b Jan NEW Highest Share* $ per share M 11% Feb 36% Aug 28 17 May 8 42 Dec 26 135% Mar 3 143 , 4 Sep 18% Dec 37% May 17 19 28% July 17 .14% Jan: <2 19 11% Mar 31 34% May 25 101 Nov 8% Dec 15 105 12 July 7% Jan 5 4 Apr 14 20 93% July 26 23% Jun 19 .12% Jan 7% May 21 9 517 % 6% July 13 9% Oct 38% Dec 27 9% Nov 3 19 % May 4 3 8% July 25 « . 25 100 % Aug 9% Jan 7 106 % Sep 13 21% Dec 19 9% July 19 Dec ' 12 16 253/« Jan 31 Mandel 77a Mar 23 5 2 95 29 Market St Ry 217b Jan 18 29 147b Jan 11 29 July 17 29 26 12 Jan 96% Dec 87 Jan 22 10 4674 July 27 17 29 101% Feb 28 101% Mar 183 Jan 34 Jun 10 11% Jan 30 .87 90 Feb 18 81 t- 3 42% Jan Jan 13 . ♦ 17% May 11 52 Jun July 17 137a Jan >Mar 28 ' '43 Jan 19% July 14 27% Sep 25 18% Jun 18 July 13 23% May 11 20% Jan 39 July 49 42 3 July ,105 19 39% July 27 ; May~~3 52% Mar 15 / 30% July 17 40% Nov 44 58 July 13 917s Jan 10 16% Feb 4974 Apr 19 26 27 4 26 Feb 3 Apr 44% Jun 16 26 19% Apr 27 106% Jan $3 8 Jun 28 2 5174 Apr 17 397s Feb 2 4 6574 Feb 16 :;-'45-V Jun 1 July McCall 5 Stores McGraw Electric 26% Feb 16 McLellan 147a July 23 19% Jan 19 23% Jun 27% Jan 26 Mead 82 Jan 5 94% Nov 27 32% Jan 6 64 3 25 Oct 11 88% May 15 5978 July 13 July 19 27% Jan 9 .22% May 25 10% July 17 17% Nov x21 % 42 ' Jan 67 157a Jun July- 2 64 Jan 227s Feb '1 29 2 21% Feb Feb 8 • X20% Jan 25 106 Dec 7 17% *177b 18 18 18 *18 18% 17% 187a 2,300 ♦96 98 *96 98 *96 7a 98 9734 93% 130 48% 49 4874 36 36 36 5 54 5474 55 377b 57% Dec 30 20% Mar » 15 July 13 , 7 18 13 54% Nov 30 39 July 18 10% Jun 29 .139% Nov 38 131 17% Dec 16 28% Jan 125 8% July 31 3 July 17 , 64 *. May 9 Jan 2 20 — Mar 2 Jun 29 487b Feb 5 -Jan 3 140 % Apr 23 28 15% Jun 28 217b Feb 9 Dec 29 137# Mar 28 18% Jan 16 42% Dec 11 > 41% Jan 2 5674 July 17 110% July 17 112% July 19 3774 , ■ 363/4 55% 55% 55V2 377« 37% 377a 24 • 10 24'A , 49%. 49'/a 493/i 4974 36 36 36 55 37%' 55% 56 571/2 3,500 37% 37% 37% 5.400 1,900 500 2.100 233/a *23 15% 15% 15% 15% *15% 16% 700 common No par preferred (1st series).—100 2nd preferred (1st series)—50 2374 24% 24% 24% 24% 24 25 24% 247a 2,900 90 90 90 91 *90 91% *90 91% *90 911/2 64 *60 64 *60 67 *60 64 *60 64 Corp Shoe Corp (The) 1 common — convertible 1st preferred Stores . Co 1 50 Inc—.*.—3% Transp Co.—_No par Inc 50c common Machine Co— preferred series Middle South Steel 23% 17% *50 197b Prod Inc 1st preferred 85/B Mlnneap & St Louis Ry 297b 297s 30 *30% Minn St P & SS Marie 24% 243/4 *24 4974 493/4 *96% 98 96 108 567b 58 No par 5 187B 197b 42% *4174 •139 15% 167B 54% 112 140% 58% 16 17% 17%, 55 'it 112; } , 31 *24 49% 1 497a *96% 98 *106 108 101 98%- 103 923/4 94 4,600 55 20 4,800 87a 100 1043/4 10,800 923/4 200 31% , 317a *24% 31 247s 493/4 ,177b 243/4 100 50 900 50 98 *96% 108 *10674 800 98 107% 96% 94 18% 18% 18% 18 Vb 18 3/8 18% 2.800 59 60% 59 60 60 61% 10,600 *94 19% » 187a • *94 96>/a 19 19% 423/4 42 42% *139 140 % 16% 17% 54 55 irj,';112 112 v 94 140% ♦139 16 8% 1978 *8% ■ 3,200 597b 1874 42% *106 96%, 18 v , 80 2372 18% *94 18 *96% 98 ♦106 108 49% *51 201/B *92 243/4 49% 17 7b No par Z 31 24%;. *92 94 *92 1778 17% 55% *83/8 83/b' 237a 23% 233/s 1978 99% *29% *94 Minneapolis-Honeywell Reg 1.50 .$3.75 conv -preferred —-... 100 83/a 96»/4 *24% *106 .No par X 94 100 100 20 95% 10 common. 173/a *51 55 20 *8 7a S Utilities *51 *91 100 Petroleum.^.- 2378 177» 55% 94>/2 ( 17% 233/a 23% 20% ,, 20 87b 23% 177b 17% *52 20% 95% *96% ; 177b 53 *8 7b 2374 23% 237b 927b pfd.100 Copper Midland *58 49% preferred series 3.85% Mid-Continent V 5 4.35% Miami 8% : 43% 36 49% ■ 1,300 1.70q 44 15 preferred —No par Mergenthaler Llntoype Co No par Merritt-Chapman & Scott.——12.50 " *36 181/2 237a 24 Metropolitan Edison 3.90% 23 37% ' 18% 2374 *43 24 10 38% Feb ' 18 $3.50 3 49 48% 36 1 Mesta 17 *4274 1,300 15 Mercantile 21 , No par Inc___ 5 217b Feb - 96 24 10474 Feb 10 90 f 17% Jan 107 % Jan 84%* 96 —.50 Co Stores Mengel Co o% *83 43% Jan 28 84% ♦4274 33 July 27 *83 43% 56 Jun 84% 18% 28 16% July 2 53% Maris *82 233/4 25 94 94 18% May 24 104 93 43'/2 4774 Apr 12 94 23% 21 % 28 84% *93 19 34% July 12 28 ♦82 94 233/a 101 19% Dec 84 95 *93 18% 10 110 Apr 104% Nov *82 6,166 33 *94 23% Apr 3 94 177 33 95 »423/4 Co 6 13 *93 327a 19 % Min Jun 102% July 93 *173 177 *94 43% & 104% Jan 93 323% 95 v 2274 & 4 *94 2274 Merch Jun 95 *173 333/a 32 *94 ? 177 > *173 33% 33 94% •187b Merck "97 ?•; 177 33% 19% 2 7 *173 177 33 600 II,100 22% 87a Mar 107% Sep 463% 19% 10474 July 27 16 %■! 457s 22% 16 Apr 46% . 143/b 25 2 437a 437B 47% Jan 27 423/4 400 . *14% 49% Nov ; 37% July 17 101% Feb 21 427s 42% 43 19 *45 7a 60 12 19% & 14% 88 % Jan 19% I 47% 3 67a Jan 19% *19 *1474 27 Dec 19 2,400 *457a 28 .101 19 11% 14% 7% Jan 9 19% 6,100 307a 47% 66% Dec x3 30 *117g 14 % 267a Jun 39% Jan 95% N«JV 3074 *45 7a 4%% 9 9 IP/4 301/8 14 7b 4% 18 *11 »/8 24 Melville 48% 11% : 147s 16 20 113/8 297a -30% 23% 26 27 11% 2974 23% Jan 20 11% 2974 10 267b Jan Nov 53 16 6% Aug Mar 20 19% Nov 13 14% Jan 100 3,100 157b 1474 McQuay Norris Mfg Co— 11 July 2874 99 157a 47% 1 18% Aug 16 Robbins ; *98 14% Co 32% Oct & ■.'t 28% ; 16 ' *4578: Publishing Mclntyre Porcupine Mines McKesson 28% 99 3,100 15,800 4% ;/ 1474 McGraw-Hill 26% Jan 22 1574 103/4 *4 153/4 163/4 53% 112 16% 17% 547a 1121/4 ; 41% *138% . f 187a 19 42% 140 4 42% 139 30 95 % 19% 42% 139 11.600 , ' 900 10 16 16'A 16 »/4 16% 3,600 16% 17 16 7b 37 5,800 55 111% . 6,400 49 Corp common—50c preferred—100 5 9 *98 . 477a 103/4 I,100 : ' 19% .1. 28 28 Vb 16% 4 4% 100 ; 117b 47% 47% 10% 103/4 •4 973/4 153/b 15% S4% No par 3 37% Jun 29 *173 5 —.—3 12% Apr 14% Jan 10 4274 273/4 *97% 28% 15 , 117a 1174 2,900 • 87a 20 20 47 ./:■ 107b .474 i23/4 *8% 20 117b 47 *4 98 *97 ,.v. 297b 730% *1874 convertible 3'/2% 520 12% *45 7b ——— 33% July 13 21% July 13 42% Feb 103/4 2774 11% 97 ilVe 46% 4% *4 / *iiy8 ' *193/4 107b 10 7b 4% > .193/4 ,20 : *14% Corp McCrory 400 2,700 4,100 \ No par —7— Preferred - :" 1574 .—No par common , ; 3,800 X 100 ' 8% 27 27 ♦505 ' 87a % 477a 47 11 277b ;/28 ( McCord Corp common 4 3 ' 49% Jan Co preferred 333/a 957a -15 121% *81/2 V ' Maytag 520 127a 123/4 11% 477* *4 No par $3.75 cum pfd 1947 series..No par $3.40 cumulative, pfd—.No par 23 17 15% *505 , 87b •' 2674 14% 9 1174 10 7B 15% I 2074 1174 —.1 — K 337a" ! *91 '/a 87a 26 ? 14% 525 *8'/a 117b 15 Vb common. *"• 127a 9 47% ..... —100 Stores preferred 13 11% *96 % Co^ preferred Dept $3.75 31 35 3 May 7 45% Jan 21 Jan 7% 13' .94% July 11 Aug I7 167a Jun 99 24 21 525 2074 foo Mathieson Chemical Corp com 29' 21 v —t.'No par — 143/a *505 *6% 83/4 26% 26 r 13 *8% No par Martin-Parry Corp '" *8 7a 874 *505 87B 21% • —1 : 93'/4 5,500 16 ' 87b 6.25 — " 100 ; 134 157b 337a 9374 95 Vb 1,300 •'f 407s *132 134 33 74 ' 167s / *40 407b ■ 157** 157« 3374 33% 14% •14% 14% 525 157a *92 94 26 2574 12%. .13 6% preferred—— (Glenn L) ;Co 8% 87a .2674, 14% *505 5 2 87 »100 4 %% Martin :/791:77 95 VB 87a - .1 Corp— Masonlte Corp Master Electric 31% Jun Jun Midland 34% May 11 237b Feb 16 167% Apr ■ , Aug 18 0 3274 y 33 xmzz&Vi •40 *132 1672 165/a *16% 134 15s/b 16 '1574 16 X •26% prior pfd_—.100 Marshall Field & Co com. No par 38% Feb 5 105% Feb 27 26 103/4 Jun Shirt Marine 29 :V 10 Maracaibo Oil Exploration—— Marathon Corp 3 Jun • ■ No par. July 20 .13% Jun 7 *92 No par * Bros Jan 5 ,i 100 50 Sugar Co~i.'—1 Manhattan 19 Jun 11 22 Sep Jun 50 ••£ Jan 4T- July 19 /277a Jun 25 17% Jan Jan Jan 13 16 CLOSED v. 167B 407b 407b *132 134 ♦132 V; 167b 407a ♦40 407a 134 167b 167b 167« " v *132 Magnavox Co' (The)———l Manati - 97 5 Mahoning/Coafl RR 14 15 '100 Jan 177b Mar 16 28 9 25 18' 185 preferred series AMadison Square Garden Magma Copper 36% Jan 573 (R H) 4%% Feb 31% Nov ; 3 Macy 147b Jun 18% Nov 24% July 27 Feb May 24 .10 37% Jan 13% May' 8 32 Dec 29 30 12% July 13 175 i 33% Dec 29 < 2 Feb EXCHANGE *> No par 7 r__. *40 STOCK 100 Inc.—£ Co Inc coin Trucks 167s Co—.— Forbes- common__lO 8% July 17 19% July 25 13 18% Apr 23% Jan 25 > 38 & preferred Mack 1037b Jan Working M Wood & 6% 10% Mar 15 12% Aug 30 9% Dec 27 23 31 2074 Feb 25 18 23% Oct Jan 29 Jun 28 17 25 Jun 31 M MacAndrews 2 142% Feb 35% Dec , Jan 21 14% Apr 3 7% Mar 30 16 Jan 187a Mar 19 42 Jun 24% Apr 550 ' Jan i Mar 30 10% Jan 610- 3 128 5578 54 5472 4,300 111% f.*lll 1123/4 700 ' and Financial Chronicle The Commercial ao Monday, July 30, 1S51 ... (376) NEW YORK STOCK RECORD Highest Lowest < per Sep 304 67 Jun Dec 27 18% Jun 29 84 27 20 Nov 10 83% Jan 27% Dec 27 July 19 16 101 % Jun 21 9% July 12 5 25% Jan Mar Minn 4 107 108% Jan 26 May 7 24% Feb 2 93% Feb 14 32 Feb 9 15% 3 Dec~29 32% Feb 27 28% Jun 11 Mission 13% Apr 29 30% July Dec~22 4% Jan 3 11% 21% Jan 3 52% Dec 4Ve Feb 30 Apr 11% Jan 31% Dec 10 13 30 77% 10% Jun 30 13% Mar 16% Feb 99 Monarch 5 23% May ii 67% NOV 24 64 24 Ve 74% Feb 2 Jan 27 16% Dec 29 15 Jan 18 12% July 17 18% Feb 23% Jan 22 57 Oct 19 40% Jan 2 52 26% Jan 3 25 Moore-McCormlck 42% Aug 24 25% Jun 20% July 17 13% Mar 25 30% Nov 12% Jan 13 19 May 24 16% Jun 29 14 Oct 12% July 25 Jun 44 Jun 19% Dec 29 56% Dec 108% July 12 15 Jan 18 55% Jan 11 23% Feb 27 45 Mar 26 52 Jan 13 53% Jun 16 July 13 22 May 20 32 Jan 53 Dec 12 2 Nash-Kelvlnator 79 9 Nashville 51% Jan Jan 13 343/4 Dec 18 31 6% Jun 29 14% Dec 27 12% Jan Mar 7% July 12 6% Jun 27 184% Jan 20 2 10 July 27 National 42% Jan 2 2 54% May 11 11% Feb 24 National 9% Jan National City 2 14 9 National Container 6 National 15% Feb Nov 13 21 22% May 31 102 178 July 13 Jan 159 18 4 Jan 5 35% Mar 31 Mar 22 29% Oct Jun 71% Apr 4 23% Dec 20 89 Dec 20 243/4 Dec 28 90 29 29 156 preferred National Lead Co 7% 4 Jan 25 9% Jan 26 2 6% 26 % July 13 21% Jan 21% Jun Shares National 16 National 2 National Cum July 25 Tea t per share Natl 10% Feb Natomas 15 S per share 18 Nehi Corp 10 15% Jan 2 18% Feb 19 Neisner 11 43/4% 104 Apr 8% Jan 16 11 21 93 13% Mar 23 Jun Apr 13 Apr 6 10% Jan 26 1043/4 Dec 18 99 66% Mar 14 80% Dec 8 26 % Mar 29 343/4 Oct 21 Jan 3 21% Dec 3 188% Oct 29 152 Oct 4 19 Jun 42 boo Dec 13 6% Jun 27 Nov 82% Jan 24 38% Jan 12 52 25 21% Jun 7 25 26% Jan 16 29 236% Feb 2 104% Jun 25 156% Feb 13 15 % Jan 73 it 11 .23% 23% 23 7/8 70 69% 70 '/4 68% 69% 10,500 16% 16% 16 %4 16% 16 %4 4,700 69 3 91 Jan 15 16% *13% 44'/2 43% $5 25% 597/« Jan 17 22% Jan 9 28% Apr * 8 25% Jan *28% Jan 5 6,200 26% 26 Va 26% 900 263/4 26 3/4 26% 26% 26% ♦25% 25% 25'% 25% 26i/4 500 *25% 26 26 y4 18% 19% 19 19 18% 19 y8 2,000 18% 19 19 17% 12% 12% 123/4 49% 50 50 ♦109 110 18% 109 108% 108% 108 % 46 *45% 46 *56 59 *56 59 •57 59 46 *45 y4 58 *56% 59 IS 1/0 93 Dec 12 100 Feb"l5 18% July 13 24% Dec 15 29 Jan 85 91 Mar 29 Dec 24 ye Mar 14 91% Dec 22 98 - t 26 20% Jan 31 97% Jun July 26 9 9 25 16 /July 17 Oct VJun 26 80% Jun 8 82 . 18% 18% 18 18 18% 62 62% 623A 63% 67% 68% 72 ♦321/a 32 32 33 33% 800 313/4 32 143'e 15% 15% 15 VA 20% 203/4 20% 20% 6,500 6,200 18 143/4 15% 15% 153/a 15 20 20 VB 201/4 20 »/4 201/4 203/8 32 18'A 18 3/8 183/4 19 19% 32% 32% 323/a 32 32% 32 *168 9% 168% 91/4 9% 9% 9% 10 40.000 52% 53 54 3,000 503/4 513/4 52% 10 Vb 10% 10% IO1/4 10% 10% 10% 10% 2.800 133/e 13% 131/2 131/4 13% 13% 133/e 13% 13% 17,200 14 14 14 14% 14% 14 y2 4,500 48% 8,300 48% 17% 17% 173/4 173/4 17% 18 17% 17% *17% 32% 32% 32% 32% 32% 327/8 31% 32% 31 ya 31% 18% 18% 18 18'A 18 y» 18% 18V4 18% 18 % 18% 97% *96 97% 97% 98% 983/4 9734 9734 130 *95% so »/2 83 3/4 84 86% 873/4 863/4 87 3/a 86% 87% 17,200 172% *171% 172% 171 lA 130 145% 145% 145 % 9 9 9 97% • 90 . 171% 171 % 171% *145 147 1451/2 1451/2 9 9 *81/8 171 % 900 47% 10,100 *26% 263/4 26% 26% 2634 26% 500 253/4 26% 21 V4, 16,400 863/4 87 87% 87% 22 22% 22 VB 102% *102% 103% *14% 15% 151/s 15'/a 8% 8% 8% 8% 103 ■* 1 new 10% 10% EXCHANGE ♦36% 371/8 CLOSED *941/4 95 STOCK com 100 * 105 No pa* No pa* common. preferred 20% 17% 18 ; 195% 195% 15% 90 380 16% 47 47% M7% 15% 15% 15% 153/4 ; .26% 26% 7/64 : v Jun 27 29 83/4 Jun 7 29 , 94 I Feb Feb 6 39% Nov 24 35% Jan 43% Jun 5 53% Mar 44 24% Dec 4 28 6 Jun 50 9 May , 8 29 *52% Feb 5 28% Jan 13 24 25% May 23 17% Jun 25 19 % Feb S 18 XI33/4 Jun 29 Feb 27 15% July 12 10% Jan 13 21% Feb 17% Dec 78% Jan 5 28 % Dec 8 88% May 18 39% Feb 23 76% July 31% Jan 17 3 33% Dec 28 31% Jan 19 Mar Co____..__j. North American Feb,13 88 American 10 Aviation...! North 6 2 37% July 27 2 50% July 25 Central Northern ♦Northern 3 - • Co..i_ 92 . % /-;*92%' 9%' \ •25% :* 26 • . 1, ; 81 -'v?"? •80 *80 36% -81 ' >36% 36%.' 46 %" - - 49% ? 9 - : 4;^ ,14% Vl5 > i 15% < ; - 9 Vb •- 38% Pacific Northern Ry ... Northern States Pwr Co 9% Dec 15 *90% Dec 13 27 Jun 27 15 % Jun 16 106 14% Dec ii 96 % July 10 12 % Jan 24 19% Jan 25 23% Jun 20 32% Mar 28 12% Jun 29 17% Dec 88% July 12 1 84 22% Dec 28 J 26 104% Dec 9% Jun 15 109% Dec 106% July 13 8 Mar 22 97% Jun .« 16 35% May 26 112% Mar 16 9 23 - Jun 29 Jun • 28 Jun 26 >15% Mar 31 30V« Jan 2 100% July 9 r.10% Mar 109 3/, May 25 103% Feb 4f*'<$'4.80 153/4 May 10 30% July 18 Northwest -.1 >. 10 • _.r-___^_l-_^100 •' series.. $1.10 Airlines Inc common.. 10 - ' wv- preferred Northwestern Telegraph 4.6% Pharmacal 33 1.00 110% Mar 12 4.40% Co > ■ t t --21% 22V4>*..29%>-30 ' ' I8V4 - 18% < Ohio Edison Co commoi 17 98- ;iV»89& S ' 108'? 107% 108% ••••• 1-3% >14%. ^ 2ft $0 f . Norwich Jan 98 kti ?i6- 102 "'>19% 22% *. -29% '-102%' 98: : v ; " :• >21% <.42 2j/4 '•28??>29% 14 Jo Y? 5*5 2« 9 18 h Oct 19% July 11 •0 /July 8 il?°„ iun 23 46% Dec 28 1 : ; For footnote, 20 < Jan 28 0 28% Nov 22 101% Oct see page 5 24. 89 Jun 26 v 99% Feb 27 43y4Mar29 19y«Jan 19 55% July 27 21% Feb 2$ 18 May 25% Jan 2 31% Mar 0 87 • 106% Mar 0 Jan 2 20 Jan ~ 8 * >-*89% 3.90 preferred Ohio —No pa* Oil Co.! Okla Gas & Electric Co com -4% Oliver preferred Corp COmnUffl -4%% 10 ^0 . j, 1 convertlba« praferred.—100 - 52% - 5 21 v: 19 -27%. 90 ,- 53% 21 . 19 :27% 1 14% ; • i*80^% 47% '■ 193/4 W 20% 32% < 32% t 32% i •90 •89% •>; "52% :,54 >;."•• *21 '. 21 19 • 27% 28 >*89% >21- %•'" ;! 19 : ; : 497/a *19% r aoivi ^ V - *107%,. 108; • • f '20% ' V v • *19 - 28"-i - 21% » loiv'i ♦.*•/* i 100 v t-; '19% - 55% 21 *19 i-. . - 310 ? r S ,. -A 99% V - 14,400 -C 13,500 *,.<>170'- 4=100 89% ■■-■■Hi 28 % 28% 100% *• • . •« •* - % 15,700 2,400 - 19%1 ■i,'. 28%, », 100 :t.,' . 1 1,020 --5 • i -32% .•32% - -102%-^ 53% . " /; : 21 53 %v V -4,700 28% - -,360 " < /; 22%^ (.-89% 90 -v 28% -...... *.■ • 24,800 20% ' j 11,400 220 444i 14 -2-2 - ?/ * 98: -"'; * -*97% 32V4 ,32% 52y 4 101,100 - . 85 4k 85; 2TV4 ;-:21% .21/ :28% f -*99%-100%' >-•100% 101% 90 ' ;■ t 2 .10 10 , 20 % v«89%- .543/, ;:t 523/4 « -102" 102-;;, : ? *102-. £im% 102% 102 ,• 81-- V- .102 A v ,*... 100 :' " w '; 22%, 4' 15 - •<> 20,900 ' 117,500 1,. 18% 37 Va 36 ag- 28% 20 25%vS"->. 25% ■ 98 ?; - • 46% • 108 21% 2,000 . 47%.' 47%,• j." 3,200 ■ i. 46.%'-- -■*.■? 9400 i t !8%- *•♦13%;. : 14% • 26% Feb 107% -15,000 - 82%'■' V.'. i .87.^'• Ki-' ."200. 93%':»250 ♦ »9 V- -86 <*97% • - 10 85 • 108 >97% 20% - •32% 32% 32 - preferred 22 •> 29% ;-:86>.''. 93% -46 49% 10 - i-13% r; 14% Mi 13% ^'14%/ * v;To% 108 V 97%- 96% * r 21% July 27 • <86% • *107% '♦>' i.100 10 86 ?•. 10 *85 v ' *: ,, h 15 y« ;48% 50% 48% 48% -.49%'; <• 26% r 87 46% ?#,v -....lOO' ..'I.. preferred Preferred 27 24% May 10 a._L '$3.60 "preferred 16 > 1,600 22% 26% : - 92 *81% -81», 36% 36% (Minn)—» Common 2 94% Feb 100 Va 22% r •18% " Jan 197,400 -, .25% • *80 '81 80 - ' -18% » 6,400 9'64 ■ >49% -*28% L ? ' > ' 46%- <- •46% 263i 26% *91% 22% 45% v Kv-'., 37% ; C f ^*25% 26 ' *18% :»••18% ,-"14% v 14% '":5 >14%'*; ,*14%'/' - • 10 *- 18 V2 18% <Y18% ~T8% .'' '. H 9% ;> 15% _ 88 •% %*85>/4 92%" 92 34 v- • 1,000 46% :• * 20 5,400 46 % 92 * : ■ v,. > 16% 9/64 f 22% i 44;-. •.453/4 % > "45% -45% "46'.r.;, 87 »93 • > 'iA3» 42 *K 42%"-* 42% - t*9l , 223/4 V r-15% 26% 26%. 330 - , , 16% *';. 26 y2 26% ;26% '26% 4 *81% «82%' ■4- >8P%' :82% 9%/ ' .1 •" "*92 ^93% - - Co._.l_._f# Ry Natural Oas 92% **84-->.84% 84% 380 16 % 192 f22% 82% 84% 3 26% >91- r 92 22V\ 26.%^ 157/s 9/64 - . 9 •91 , 22%, 22%: -26%v/-26%'H,O 26 % *81% *81.% 82% - !wUNopar preferred i...l©0 8.60% •_ ! 10# preferred >3.90% preferred 100 Noma-Electric Corp... .1 Nopco Chemical Co___^__ -4 4 Norfolk & Western Ry com. >20 >.v* Adjustment preferred ; i_._.2i v 23 102 ,.12% May A 8.40% ■- ' 19 H'Class 92 - 22% *320 - 90 380 .,16% 16% -•47 47% ; 26% 9/64 % *87 ■ •320 % 26% :■>" % 50% 67 y2. 16 1,900 50% 86 y2 17 473/4 2,100 1 50 .50y2 380 *320 16% 1,30/; 105 15% 90 '; '-•88 . 65,000 • 217 15% 50% 50% 50% 2,500 16 *15y2 , 18 17% 105 105; .105 1043A 15% 3,300 20 210 206 200 32% 19% 17% 17% « i. 100 32 Va 20% • 1043/4 47 *91 20 Va 4,600 77 *75 ; 32% i£> 2,200 19 y8 19 19 32% , '"'1 109 % ♦105% 77 *75 77 • :'v 96 % *94 107 18 3/a 18% 20% & * 107 33% 261/4 Niagara Mhk Pwr Corp com.Nopar 96% 18 3/a 16 15% ■ ;*94 323/e *320 •47 No pa* 96 % 76% 16 15% ;—100 A 8,900 107% 380 *320 60 50 12% 11% 15% 50% 300 11% 20% •86 90 700 39V2 *38 12% 104% '50% *86 39% 12 1041/2 . 2,800 10% 10 % 10 VB ,*94 J/4 : 15% . 15% 50% - No par •.. 105 151/4 16 VA 106y2 94 % v 106 17% 1,700 16 *104 ' 194 194 Shares 103/8 94% 33% 16% 16% 192 t per share 106% 39% Sales far the Wetk 10% 16% *104 :; 77 20 20 16% 192 Friday July 21 10% 18 17% 32% 32% 20 100 4,200 96 12% 107 *75 77 321/4 1,400 SV4 16% 38 96 *94 t 96% 104 173A 171/2 15% 8% 10% 10 *94% 12% 12% ♦94 105 *75 0 : 95 96% 105 15% $ per share 106% 38 38 95 12% 12% •94 ..No par com... *37 900 8% >10% 16% 10 10 *93^ 1,700 15% Thursday July 26 10% *104 106 % *104 106% *104 -100 102 *8% share 16% 16% *161/4 16 3/a 16% t per 10% 10% 10% 70 22 Va 102 y2 22 Ve 223/g 15% 8% July 25 $ per share 10% 87% *86% 102% *102 15% 8% July 24 1 per share 1 22 Vs 22% Tuesday 10% 26 26% 87% HIGH 8ALE PRICES Wednesday LOW AND July 23 f per share Par 25 3i *86% 103 *15 1 -■ . * Monday Saturday July 21 common series 28 V4 46% 253/4 *102% iy8 1 28 263/4 1 4,100 77,800 1% 47% 88 22 34% 47% 473/4 223/8 *87% 600 9 *8% 34% 28% 47 25 80 146 y2 *144% 46% 28% *261/4 7,900 47% *28 'A 25% 27.60C . 28% M 1 IS 28% 27 24% 1,900 18 171 34% 34% 34% 34 1 28 »/2 47% *26i/4 * - 28% 47 ' 9 343/8 \l 1 It 145 9 333/4 34 33% 10 100 *171% 47% 481/2 473/4 473A 46% 47% *28% Co 14% 14% 14% 143/8 47% 47 100 100 1 Common 5 93/4 10i/4 7 Mar 190 168% 50% 1 ■ 2,100 13,600 168 168 9% 168% 168 168% 9% % 9% 520 32% 32 32% 169 - 19 18"% 19 Ve 19 y» 173/4 Mar 29 18% • 32% 23% Mar 88% Jan 19 91% Jun 103% Mar 20 Dec 19 . 10,700 18 *313/4 Rights .... $8.75 -preferred -i~'—100 99 2 100 ' 61 , 61 32% 15% Shipbldg Corp partic stock__l N Y State Elec Si Gas Corp— 9/64 July 24 3,900 18% *45 % * & July 18 87 Juu 25 90 191/8 19 19% 19 46 series.lOO 4.20% 53/4 noy2 110 109 Vb 109% 18% 18 No pa* Central non-cum 2,000 13'/a ....... Dock 500 491/2 *45% 58 168 3,000 123/4 491,2 19 46 *60 50 18% 19 *45% . 17% 17% 17 17% 17i/2 12% *12% 49 y2 17% 17% *12% 493/4 123/4 50 17 % 123/4 Y 17 44% 12% 0 Preferred N 13% 44% 263/4 N Y New Haven & Hart RR Co.100 15% May 24 *1334 45% 17 N Y & Harlem RR Co 43% Jun 25 13% 44%, 49% 18 12 *13% 44% 18% 20 27 13% 44 26 3/4 Jan Dec 13% 100 13% 44 10% Pa com Fibre Brake v 6,700 / 501/4 Inc Air 53,300 247,200 , 52% preferred York ? *25% 5 Inc 24% 26 V* No par 0 Co .... York 16% 16% 43% Feb 410 17 Jun 29 2 Apr .. 23% 69% 13% No par Y Chic & St Louis Co New 23% 693/4 16% 16% •13 No par preferred series A N Y City Omnibus Corp 54% Apr 25 23% 68% 23% 23 VB 1' 6% 3 Jan 215 New N 20% Apr 21% July 27 23% it 23% 513/8 Co conv Bros York New 183/4 May 10 10 41% Jan 21 246% Apr 19 17% Dec 28 28% Jun 27 14% Oct 31 17 23% Feb 4 Jun 73% Nov 21 26 20 29 15% Jun 6 56 20 Jan ' Apr 177 30 28% Mar 29 Jan 22% n 23% 68% No pa* 100 New England Elec System 1 New Jersey Pr & Lt Co 4% pfd.100 Newmont Mining Corp 10 Newport Industries common 1 4% % preferred ___10f Newport News Ship & Dry Dock—1 6 Feb 116 2 17% Jun 25 3 Jun 22% 10 Ref Newberry Co (J J) 33/4% preferred 7 Feb 103 Apr 75 9 12% Mar July 17 Nesco 18 28% Jun 21 July 102 2 17% Jun U% 90 Jan 13 Apr 42% Jan 22 11% Jan 20% Nov 22 *105 23 34% Jun 42% Nov 25 13% Jan 22% 23 1 / 14% Jan 93 128 22 22 y# 11,800 1 S per share 25 106% Aug 11 11 ye Jun 13 58 99 93% EXCHANGE 9% Jun 103 94% 22% ' 17% Feb v 943/4 94% NEW YORK STOCK 28 105% Feb 94% 1 Co 123/a Feb July 11 94% No par pfd 16% Apr 30 Range Since Jan. 1 Lowest Highest Highest $ per share 94% STOCKS Year 1950 8% Aug 1 14% Jan 13 19% 10 Corp Vulcanized 2 3 Range for Previous Lowest 19% No par ex-dist (The) preferred Jan 8 19% 0 Corp Sugar 4% % 30 103 Steel 14 Ve Jan 14% Oct 11% Jan 19% 20% 10® Corp National Supply 7 25 Va Feb 4 19 94 No pa* common.!.... 10 Lt & Power National 89% Jan Mar 14 x85 Natl 9 29"% May 2 19 Natl Malleable & Steel Cast__No pa* 9 Jan 56 19% 10 preferred A preferred B 32 y4 Feb 25 Jun 14% 19% 95 1 100 Stores National Linen Service 1 % May 28 28% Feb 13 2 14% 19% Prod_____No par $4.50 July 24 185 % Jan 2 101% July 11 10% July 13 7 July 13 Jan 14% 19 Va I National Gypsum Co com 21 Vb Mar 22 103 3 1,000 14% 1 Distillers 38 % May 43 18 July 18 10% July 25 *99% Sep 5 600 1,900 Co Department % Jan 25% Jan 9 21% Dec 7% July 13 14 y4 Register Lines Inc National 30%Jun 29 4 24 15% Apr 27 34 *14% 14% 10 National 8% July 16 53% Nov 27 99 14'A National Dairy Products 29 141 y8 May Nov 28 102% Mar 10 14 *33 100 2 Mar 13 169 5 21 li Jan 22% Jun 29 26 14% Can Corp 2 10 July 65 9% May 31 313/4 Dec 22 25 x% Dec Nov 95 29 185% Jun *150 16% Jun 7 Jun 693/4 Dec 11 12,500 33% preferred Jan 50 26% Jan 10 27,700 223/a 331/8 common 33 % July 13 44% May 28 17% July 19 U 54% 221/a 333/8 Fibres Inc 23% Feb 50 July 25 52 % 22V4 Corp Co 13,000 533/4 Cylinder Gas Co 13ye Mar 26 20% Dec 22 73/8 Jan Biscuit 26 273/4 Dec Jan Aviation National Jun July 17 143/4 Mar 30 35 National National Automotive 7,800 2,400 V 33% Airlines Cash 8% 1 Jan 20% July 17 15 National 1% 83/4 8 34 8'/4 8% 9 22 Co 7 36 94% Jan Acme 164 28 8% '<■ 1 National 9 14% Dec 27 8% I Jan May 8% 31% 53 Louis 12 Jan 32 22% Corp Chatt & St 353/e Jan 11 31% 50 29 11 32% No pa* 28 15 32% 33% & Bros Jun Feb 32% 32 32 32% ■ 55% com Jun 11% Oct 16 32% ■ 33% common 16 10 15% 10 31 186 15% I 8% Apr 29 46% Nov 24 30 53/4 July 13 31 July 13 27 15% No par 17 2 31% 26% 16 33 y4 Co 28 16% Jan 313/a 27% 15% No par Dec May 27 20 31% 26% 15% No par 16% Apr 13 21% Apr 21 22% Feb 13 23 13 15 (F E) 14,200 31% 27 »/4 15 VB 33 preferred 4 35% May Mar 15 4% Myers 26'/a 313/4 25% § 39% Jan 14% July 12 31% Dec 26 10% Jun 22% Feb 17% July. 2 2 21 28 12 31% 26% 31% 15'/4 34 Co 4%% preferred Murray Corp of America Apr *31% 313/4 25% 15 1 ■ 49% Feb 100 1,400 53% Inc 66 2 283A 22 (The) C) *27 53% Corp (G 29 31% 1 Co 190 •27 28 25 y4 I Murphy 88 3/4 22 % Co Munslngwear 8 112% Jun 13 175% Jun Mulllns 25 Jan Jan 8 15% Feb 26 25 43 12 23 20% Feb 18% Jun 36% Jan 23 21% Feb *87% 50% Corp Brass 87% 21 Mfg Corp 2 108% Jun 23% Aug 30 52% Aug 30 3 Wheel Mar 17 113 13 Products 25 July 19 48-/» 6 Motor 6,400 x87% STOCK CLOSED I Motor 20% 50% Inc 9 20% 21 Lines & 29 May Mueller 17% July 20 29 (John) Motorola Mar 21 31% Jan 24% July 12 14 Morrell ,28 20% 8Va Montgomery Ward & Co 16 18 29 Jun *89 27% 104% X20% 20% Co Co 90 90 *25% 27% 100 *103% 104% 20% 89% EXCHANGE No pa* Utilities Power Montana 8 20% Jan 90 Rights 9 15% Dec 29 9 90 4,600 104 % *103% 493% Tool Chemical Montana-Dakota 20% Shares 47% 47 47% No par A conv Mills Co Inc Machine Monsanto July 27 July 26 Apr 3 July* 13 Carpet *103% 203/s 47 % 100 pfd.100 20 —1.28 com series Hosiery Mojud 24% July 26 49% July 13 12% Jun 10 2 11% Jan 51 July 26 21% Jan 13 19% Mohawk 9 24% Jan RR preferred 7% ^Missouri Pac RR 5% 39% Feb Jan 25 73 I 9 104 V* 20 19% *25% new Mo-Kan-Texas 9 33% Mar 12 July 19 14 July 26 16% July 2 Dec~21 13% Feb 30 73% Mar 25 33 6 16% Nov 20 Juiy~26 64 7% Jun 3 35% Apr 2 45% July 2 18% Jun 25 22 41% Oct 4 16% May 11 *103% 19'% Light Co_No par 1 Mission Development Co $ Mississippi River Fuel Corp 10 Corp 47% the Week - t per share $ per share 47% 47% 47% 104 104 Minnesota Power & 24% Jun 9% Jan 29% Jun 14 34% Mar 20 21V* July 26 t per share 47% 47 VB & Mfg common—No par $4 preferred No par Minneapolls-Moline Co common—I $5.50 1st preferred 100 $1.50 2nd conv preferred 25 9 2 Mln $ per share I per share Par 54 37% Feb 20 July 2 J July 26 July 25 Sper share Sales fa* Friday Thursday Wednesday Tuesday July 24 Monday July 23 Saturday July 21 STOCK YORK EXCHANGE $ per share I per share I per share share NEW Range Since Jan. 1 Highest Lowest HIGH SALE PRICES LOW AND STOCKS Range for Previous Year 1950 -100 5,400 MO t /ft IfcV Volume 174 Number 5033 . . The Commercial and Financial Chronicle . (377) x Lowest I per share 10% Jan • STOCKS -. Range Since Jan. 1 Highest Lowest; I per share 3 15 Jan 3 113 20% Jan 20 95 NEW YORK STOCK RECORD Range for Previous Tear 1950 Apr ! 10% July 27 10 96% Jun 22 25 23 33% Jan July 26 July 10 19, 13% July 17 Oct 26 97 11% Apr 7% Jan 49 27% 15% 30% 45 Oct 5 :Jan 14 75 % Feb 27 73% Feb 21 Jan 6 16% Jun 25 98 14% July 19 17% Jan 10 22 Jan 19 1st 44 Feb 15 2nd 23 Feb 4 16% Jan 3 21 July 11 13 31% Mar 27 152 138 48 29 Dec x49% Jan 18 Sep 7 4 Dec 29 4% Jan 12% Dec 28 17 27% Oct 19 13 Aug 15 i Mar 22 Ve Oct 4 30 28 18% Dec 6 22 *106.% Jun 9 110 21% Jan. <>■• 14% Jun ■ ' 6 27 41% Feb 20 July 14 10% Jun 5 23 , 103 6 20% Dec 12 Mar 107 6 Jan 24 Jun 29 34 6 17% Nov 25 ' 8 , 25 8% Jun 4 37% Feb 25 Jun Jan 56 Jan 62 y4 Dec 5 23% July 20 9,800 2,000 2,500 100 138% 138% 1073/4 139% 139% ♦138% 139% 4% 138 138 % ♦137®% 4% 4% 4% 4% 3,900 18% 19% 18% 19% 6,800 July 26 Dec 28 102% Oct r ; 116% Mar 23 Park 14 8 5-% 26 10 9. 23 106% Jun 9 x94 July 110% Feb 24 104 Apr .Penna 6 18 Penn Power 18' Pennsylvania "•/. 5% preferred & 19 f Jun 27 Pepsi-Cola • * 59% 58% 59% 58% 34% 34% 6%" 6% ♦34% 35% 34% *6% 6% 14% 14% No par Corp > f 7 12% 100 28% Mar Phila 17 26% Feb X115: 23 Electric $1 Co 8 Jan 4.4% preference preferred * 83/a 8% 61 106 Feb 9 3.8% preferred 100 ♦97% 110 Jail 4 4.3% preferred 100 ♦105% 83% 8% •20 3% 21% 36'% 36% 400 673/4 66% 67% 4,500 123% 123/4 123/4 24 1,900 ♦203/4 21",?; *363% 37 67% 68% 67 ♦12% 23% : : 23% *22% 24 23 7% *23 1 1,200 400 24 / 100 108 % »106% 108% ♦106% 108% 27% 27% 27% 27% 27% 1,700 19% lo% 19% 18% 19% 68 67 67 32,500 •66% 68 68 68 31% 31 300 31 313/4 32 32 32 400, 121 •119% 1203/4 120% 121 / *18% 9% 19% 18 3/4 19 ; 19 9% 9% 10% 10 19% ' 9% 49% 104 49%" •102% 49 104 20% 42% 20% 103 400 " 10% 49 % 49y2 ♦102% 21% 1 20% 41 % 119% 193/4 42% *118% 64% 63% 61 % 61 27 2,500 20 42% 3,400 35,000 42 7% 118% 1183/4 r 2,200 ' 64% 61 263/4 213/4 63% 64% 61 61 61 420 26 7% >' 8,300 1,200 - 27% 267% 24% 24% 24% 24% 24 5% 111% *110% 111% •110% 111% 99% *98 % 100 105% 105% 10,100 27 24% *110% 105% 98 700 103 25% 105% 46,900 ' ■ ' 193/4 800 19 . 21% 42% 633/4 120% 111% 25 ♦110% ■'% 213% 120% 120 26% M27>/v 98% 106 61% 120% 491% *102% 20% 41% w '• 213/4 20% 64 61% v" 120 62% : : 43%;' 119% *48% . 103 21% 20% 42% 119 49 ♦102% 20% *■21%; 25 6 3,400 83/a 21 37 183/4 9% 111% 17 1,300 4,400 27% *18% 61 25 6% 14% 18% *31 '* 26% : 267/e 111 6% 145% 21 13 600 6% 15% 27% 121 -• : 50 No par com 8% 6% 67% 68 >r .-19 100 conv 15 27% 61% >62% No par common 153/a 37 ' _ 9 1,900 14,300 35% 143/4 8% 23/4 35% 17% ^32%;* 42 43% 343/4 ♦106 118% 43% 343/4 108 % *20%: 43 35% 6% *106 20%: 20% .if: 11,000 1,300 6% ' 2nd 11,300 43 23 •102% 7% 233/4 603% 23 9% : io No par preferred L100 Corp of America 5 Pfeiffer Brewing Co —5 Pfizer 'Chas) & Co Inc new——1 73% 23% 2% 24% 19 30 73/4 23% 37 , 96% 58 7% •23 50 ♦96% 7% 23% 120 ' '120 33 %c common 3,800 96% 23/4 233/8 *67% I 69 % - 700 54 59% ♦12% ,♦31 _5 36 54 2% 12% .-17%:. 18 _il0 36 58% 23% 108% 27%:* 27% 30,400 37% 23/4 23% . 25,400 593/4 , *12% 24% 500 4% 10% 21% 36% 67 •106 _No par —100 8% 20% 83/4 4% 23% 42% 2% ♦8% 80 54 53% *95% 233/4 12% *23 50 2% 1,130 139 10 Va 4% *36% 23% " 23% . ■„ _—100 „ , /' 66%:'67% , 1 _ 8% «; 21 21 •36% >37 10 Corp 2% 14% 8%'.-- ? 25 63% Mar 27 ' 14% 5 preferred (conv) —100 Phelps-Dodge Corp.: 25 Philadelphia Co 6% preferred 50 69% Jan ' 58% 4%% 4Io 7% 1 Petroleum > 7% ! 39 533/4 95% 1 95% 7% 7% Mines Co Pet Milk Co 7% 83/4 1073/4 103/s 43% 10 •53 96% 7% No par No par — *37% 52% *95 % 413/4 Light Co RR 39 52% 96% 23% Glass Sand Corp com Jan 39 52% 41% common Cement 40 52 23% Ford Penn-Dixie 38 •95% 2.50 *8% 4% 10% 41% Penney • 4% 10 23 % Co (J C) Co Coal & Coke 19% 8% 8% 4% 10% 41%:: 41% 2%. 2% prior preferred & Penn 44 20 105% Oct 20 conv Penick 4% 10 22% i 23% Transportation Peabody Coal Co 8% ♦8% 4% 10% 1 Patino Mines & Enterprises 8 4% 18% 8% 10 No par Proof 4% 18% 1 Co & Rust 4% 18% Corp Consolidated Davis Parker 4% 4% 1 Corp Tllford Distillers Parmelee 120% July 25' 3 Jun Inc . 18% *8% No par Airways Petrol Pictures Utah Parke 9 2 23 % Apr Car World & t 22% May 9,22% Mar 12 25 109 Motor Amer Park 13 V 4% 18 10 , 3 25% Jan 1 preferred Paramount n 15 26 , Corp Western Oil Corp com new_4 & Transp 5 Panhandle East Pipe L com__No par 4% preferred 100 Panhandle Prod & Refining 1 5 Jan Consolidated Pan-American 18 Feb Tin Packard 18 Jan preferred 4% July 23 com 69 July 20 Pennsylvania Salt Mfg Co 34% Mar 27. ..Peoples Drug Stores Inc .125% Feb 27.' • Peoples Gas Light & Coke 24% Feb "3 /Peoria & Eastern Ry Co July 10 59 % Apr 57 Apr 14 27% May 26 26% Mar 17 23% July 18 112 29- 2.000 36 Va * 66% Dec 20% 5I3/4 105% Feb 3 36% July 20% 1083/a 27% Apr 26 y4 Jan 100% Apr 27 17% Jan 11 113 44 y4 Mar 27 20 3/4 108 ; ; i2%Jan 'K 56 Apr 3 18% Jan 20 3% 33 108 % 110 29 16 20% 32% 25 20 107% x24% Mar 10 Jun 111 y4 Jun 22 13 Dec 52% Jan i 30 May 19 30 108 27% Mar 10 * 27 .5 36 ya Feb 39% 107% * 5 64 y4 Nov •38 *38% 107% Telep & Teleg 15% Mar 16Y 29 139 40 21 107% 74% Jan 19% May 24 Mar 9 16% Jun 40 39% 20% « 100 40% Feb *106 20? 18 :x -11% Jan 18 , 10 ♦38% 20 % 39% 20% 20% 600 33% 10% Jan 29 24% Jan 29 July 13 July 12 , 30 55 36 25 y4 Jan b 25 22% Dec 7% July 12 ' 21 Oct •53% 513% 21% Feb 5 27% May 24 ' 30 y2 Aug 22 '107 * Dec . 53% 32% 35% July 25 8y2 Jan 16 3 11 22% Jun 10 * Feb ' 53% 36 9 12'/a Jun 13 % Dec 7% Apr 29 13% July 26 13 56% 513/4 11 64% Apr 70% Nov ♦54 33% 4% Jan July 27 56 % 2,800 36 60% Jun 35 •26 51% 2 19y2Jun , 27 32"% 3 29 27 36% 11 6% July 23 38 Ve Mar 17 27% ■ 51% 3iysJan 23% Dec 25 ♦27 15% 33 40% Jan 15% Apr 8 July 31 •15% - 36 57 4 31 99% 15% 51% 25 y8 Feb 29 53 y2 Apr 19% *97 15% ♦97 32% 10 May 24 7% Jun 19 99% 15% 99% 15% 39 10 19 •97 36% 40 29 13% Jun *54 18% - 51% 54 18 27% 19 33 /104% 29 *27 56% •38 15% 27 •54 99% ♦15% 10 3,600 35% 21 9'% Dec 19 19 ♦97 400 517/s 20 18 V8 Dec 19 19% 19'A 80 84% 32% Feb 4 84 36 % Jun 17 •79 85 18% 51% Jun 5% Apr 80 x84 35% Pan 29 Mar 15 9% Jan ♦79 86 19 51%: 13% Apr 3 2% July •18% 80 85 No par Pacific May 24 40 % July 10 22 18% "79 86 1,300 » No par 21% May 7 8% Mar 16 6% Mar 7 27 19 81 18% 80 37 y« 85 99% 27 37 •79 15% • 36% 2,400 30 Lighting Corp Pacific 21 337a Aug 22 f, 958 Jan 20 6' , Dec 46% Jun 16 Dec 5 19 •97 •25%- •18% ■ "• 85 •15% v Mills 7 48% Nov 24 July 20 36% 30 Pacific 95 . •25'/a 37 Pacific 14 28 30 36% Pacific x40 9 8% Dec "25 y» 36% 1 6% Feb x9% July 18 49% Mar 20 107 30 36% 6 6% 25 •25 y« Shares 5 Mar 30 4% Jun 11 27 97 54% Mar 151% Jan 8y4Jan 10% 97 Pacific 8 6 10% 97 10% 97% 3 113 3 May Finance Corp of Calif Gas & Electric 10% 97 10 % '96% 79 - 85 No par No par non-cum prefererd non-cum Pacific 79 10 9 per share 10 % io% 97% 49 y4 Feb 17 Jan common the Week 10% •18%*: 19% 5 Sale* fat July 27 *96% 36%--"36% 100 Inc Friday July 26 I per share 30 •25 % CLOSED No par preferred preferred 4y4 Jun 29 18 Jun 34% Mar 35% July 23 26 8y2 Dec H6% July 11 v Co 64% Feb 17% Feb 28 - Coast 6 1% Mar 21 f Pacific July 13 33 ■v 9 conv EXCHANGE Thursday July 25 I per share " 10% ♦96%* - PRICES Wednesday 97% / 10%> STOCK 8ALE 9 per share * No par 12.50 com 30 Apr 35% Jun Inc Fisheries 37 No par Co Amer cum 27 5% Feb . Products 4% 10 ■; Olass Pacific Sep 3% Jun i:. Pabco 27 34% Jan Co 1 , f pel*share Mfg__—2.50 6 43 8 . Mar 21 & 19% Feb May A__100 HIGH Tuesday July 24 JiilySH a • 5 common 101% Mar , 11 ' Marine Owens-Illinois 53 18% Apr 34% Jan j Outlet 27 103 S Outboard 65% Sep 26 (The) preferred Collins ; Elevator 12. July July July July July Apr 55% Mar 10 \i Otis 13 12 July 20 21 Corp convertible 1 17 , 87# Oppenhelm Sep 8 ya Dec , 80 16 19 Omnibus 5 May 28 : -| per share AND Monday- „• JulySl Parv 86% July 20 29 Feb 2iy4 Dec Jan .21% Jan 2 Saturday ' share_ 39 % Apr 19 Nov 111% May 23 , 25 104 3 2% Jun ; ;26 82 26 10:2 105 LOW STOCK EXCHANGE 13% Jan \ 2 15 79 1 S per Mar 24 17% Feb 27 3 93% July 13 142% July 21 23% „ 21 30 72 Aug j'2 87% July 12 t per share ;s NEW YORK t Highest Nov 27% Sep 42% Jun 14 % *98% 100 *98 106 A ♦105 105 50 99% 800 105 120 , Range for Previous STOCKS Year 1950 Lowest I per share Range Since Jan. I Highest Lowest $ per share t per * share>; NEW YORK Highest 18 16% Nov Jun 29 17% Jan 19 Dec 15 23% Dec 1 20% Jan 2 25% Feb 2 84% Jan 4 96% May 3 87 95% Feb 27 July 3 7 102% July 17 100% Oct 14 30 Jan 58% Oct 107 May 11 23 46% Jun 29 14 96 25 Dec 103% Dec 13 21 93 Jun July 11 56% Mar 107% Jan 9 pan 13% 13% 13% 23 22% 3%% preferred series A 100 Philip Morris & Co Ltd common—5 4% 19 3.90% 9 17% Jun 29 20 Mar 7 8 95% Feb 28 96 Feb 5 5% 28 % Dec 4 101 % Dec 4 16% Apr 24 34% Mar 23 106 Feb ,11% May 22 31 Jan 2 35% Apr 30 9 98 July 6 Jan 16 Jan 2 17% Jan 8 110% Jun Phoenix 104 17 110 Oct 5 110% Jun 29 11% July 14 21 Oct 17 19% Jan 22 34% July 24 1% July 24 $4 Mar"17 24% July 3 14% July 17 96 Nov"22 91 40 Dec 37% Jun 25% Nov 29 July 21 16 148 Mar 1 3 55 Mar 21 148 July 163 Mar 22 174 Dec 161 30%-July 17 7 7 9% Dec 10% July 17 71 Jan 3 21 61% July 25 19% Jun 30 135% Jan 13 19 July 28 9% Sep 20 33% Feb 55% 14 18% Dec 125 Nov Dec 52% 11% Jun 27 18% Dec 12% Dec 15 7% Mar 23 27 July 66 Mar 22 3 13% Jun 80 27 Jan 4 21% Jun 30 24% July 12 115% Nov 8 Jan 2 2 Jan 2 22% July 10 141 Jan 7 16 30 17 Jan 132% Jan Jan 18 33% Jan 3 98 147 9 2 14% Apr 12 a 64% July 27 4 $5 Pitts > "When Feb 28 Pond 27 41% Jan 23% Jun 25 17 4%% Jan 11 Procter 31 Publicker Feb 19 $4.75 30% Feb 19 Feb 6 26% May 24 23 80% Jun 21 91% Feb 21% Jan 2 23% Feb 26 24 May 24 97% Jun 29 41% Apr 2 46% Mar 28 18 30 % Feb 2 107% Mar 9 31% Jun 30 48% Nov 26% Feb 27 48% Dec 30 13 109% Jan 10 106% Mar 8 34% Jan 30 27% Jan 2 31% Jun 25 30 119% Feb conv Serv 99 *98% 100% 16% 16% 100 % 16 •110% 30 ♦110% __ 32% $1.40 *"•' Oil 5% •17% 2V* ♦89 41% 17% 41 17% 163 *158 161 *158 45% 9 71 71 •76% 23 76% 23 •140 145 22% 22% 12% 12% 145 23% 12% 30 31% 31% 46% 46% 47% 16% 17 16% '•34% 36 13% 12% 91 •90 18% 90 90 ..>12% 69 18%; 35 13 13 62% 64% 5,500. 31% 49% •48% 32J/4 49% 4,200 >700 13% 13% 3,400 12% 12% 12% 12,000 ;; 37 > 36 36 62% 68% 68 % 69% 2,500 18% 18 »/4 18% 18% 18% 6,300 90 90 90 29% —100 •111% 112% 100 •81% 82% •81% 82% •81% No par 23% 23% 23% 23% 23% 25% ♦111 •35% 90 26% •90 : 26% 29% 29% 27 112% *81% 82% ♦81% 23% 23% f 23% 23% 12,100 25% 26 26% 9,400 26 26% 100% 100 100% 99 26% >100 * 45% 45 45% 44% 45% 44% 45 52% 52% 53 54% 54 % 54% 54% 56% 100 •106% 1081/a Quaker Oats Co 6% preferred 48 reb 2 5 159 Jan 22 4 24% Nov 24 24 Jan 2 29 Feb 5 12% Jan 3 23% Apr 18?; 18% Jan 2 22 % July 18 Radio Corp of America com—No 73% Jan 13 82 * Mar 1st preferred Pictures Corp RKO Theatres Corp (The) 29 108 29% > 34% 34% 35% 35% 100 •142% 143% 143% 143% Quaker State Oil Refining Corp„ 10 25% 25% com 26 •106% 29% 35% 144 3,500 23% 26% *106% 9,400 29% 82% 100 29% 130 26% 112% 44% ♦29%. 91 - 200 29% •111 No par No par 1,900 35 27%' preferred 17% 69 , 29% Purity Bakeries Corp 17% 18% 26% common 800 12% No par (The) 4,300 12% 29% Inc 24 % 13% 26% 26% 23% 17% 26% 101 190 \ 13% 29% - 300 1,500 17 30 26 145 • ; 31% 26% •99 - 76% 27 •140 12% •48% 29% 100 73 76% 25 P 24 32 26% 112% 73 5,500 15,700 68% , , ; 4,900 9% 21 31% *12% 48 10 •111 23% / 44% 44% 20% «' 63 Indiana_.No par com 300 9% : 24% 145 62% 13% : 13% 37 68% 18- 17% •34% 69% x69 4,900 17% * 16% 13% 12 •: 73 < 76% 24% *140 24% 63 21% 71% J 12% 9% 76% ■ 62% 44% 9% 76% 12% 16% 10 42% ♦17% 17% 20% 62% 13% 11%: 12- 36,200 91% 41% ■£/ 44% 21 29% 16% —No par 5 70% 24 v 42 17% 9% 60 13% 41% • 45% 48 29% 1 70% 12% 11,900 1U •89% 81 160 76% 23% , >59% ; 31% 1% 151 76% •140 500 1,600 __ 31% 2 91 ♦146 71% 9% 20% 24% •110% 31% •158% 20% 23% 1% 151 9% 23% 23% *140 145 16% 162 70% 20% 100% 16% •146 9% 44% > ♦98% 16% 81,000 16 35 ♦158 *76% - *15% ♦34% 161 45% 20 % : 16 46% 151 45% 9% 20 59 45% 46% 34% 100% 31% : 17% ♦146 *159% 94% ■ 2# 41% 151 46% *110% __ n •146 *92% 16% 16% 32% 151 94% *98% 100 41 17% 17% ♦15% *34 •89 91 40% 16 31% 1% •146 ♦46% preferred conv 91 41% div preference com__No par Pullman Pure ♦89 34% 45% 34% •110% — 32% ♦92% 46% *98% 16% 16 com. preferred 4.08% 45 Ve ♦98% preferred 13 46% 34% 13% Jan 140% Jun 18X/4 ♦95% 45 94% *15% Colo of 3%% 21 May 23 31% Feb 5 of Co Pub Serv El & Gas Feb 110 ♦161/n 99 No par Inc preferred 4.64% 7 48% May 7 56% July 26 Industries cum 27% Feb 107 17% ♦95% 16% preferred series A__50 Gamble & Public Serv Co Public 13 8 27 Co class B_ 29% Jan 110% May 25 *16% 99 J 34% Pressed Steel Car Co Inc com 14 18% ♦95% No par 10 Potomac Electric Power Co 28 '*16% _1 Poor & Apr *92% 18% ______—________ 17 28% May 31 94% 99 34% Pocahontas 7,100 . 100 •16% 5 issued" Creek 130 49% •95% *15% Plymouth Oil Co 28 95 *92% 3,200 13,600 97 18% 100 19 16 94% 48% *95 99 34% 5%% 1st series prior pfd 100 Pittsburgh & West Virginia 100 Pittsburgh Young & Ash pfd—100 Pittston Co (The) 1 Plough Inc 5 14% Feb 16% Jan Jan •92% No par No par 19% Jan 90 96% 10 preferred Plate Glass Co Screw & Bolt Steel Co com 5% preferred class A 4 1 96% *95% 100 7% gtd Pittsburgh Pittsburgh Pittsburgh 29 Nov 97%- 97% 1% 10% Jun 91 49 •95% ♦95% Co com__No par 13 % Jan 80 48% 97% • ♦16% 2 8 Jun 90 16% Pittsburgh Forgings Co 1 Pitts Ft Wayne & Chic Ry com__100 91 90 34% convertible preferred—No par Consolidation Coal Co 1 91 88% 49 Va V Shares i4..; 23% 88% ♦15% 100 13% 22% 49 25 RR 13% 23% 88% 5 Louis 9 per share i.. 13% 22% i!i 49 No par St & ■.' 13% 22% 88% 44% 19 33 123 C 13% 22% - 48% Rights 32% July 27 57 C the Week 90 43% common Sales for July 27 I per share 48% issued"- Hosiery Pitts Coke & Chem 9: Feb 46% July 2 15% Jun 28 19 26% Feb 26 25% July 18 10% Jan 31% Jan 62% July 2 17% Jun 29 30 1 21 51% Jail 28% Jun 10 4 Feb 46% Apr 21% July 17 10 Va Jan 3 19 19 106% Dec 174 29 14 Oct 4 25 Dec Dec 23% Dec Jun 71% Dec 20% Dec 103 17 25% Nov 24 Apr 90% Jun 85 3 Jan / 74 30 16% Mar 38 Feb 155 18 Nov~22 13% Dec 22 6 70% July 24 May 16 31% Dec 30 li Jan 6 24 145 12% Apr 54% Oct 98% May 10 42% Jan 24 25 8% July 76% Nov 27 32 6 37% Jan 14 40% Oct Mar 30 Jun 9 29 "when preferred Pitts CLOSED com____No par 100 Pitney-Bowes Inc 2^ July 24 86 Corp Pillsbury Mills Inc 23 17% Sep 26 15% Dec 27 97 Jun Jones preferred Phillips Petroleum Friday July 26 per share / ♦95% EXCHANGE 100 series preferred Phillips Dec 9% Mar 31 •T $ 47 s/8 STOCK 100 preferred Feb *88% Thursday July 25 : 22'% common PRICES Wednesday 13% 22% 20 46% July 25 xl7% Jun 1 SALE I per share 1 97 39% May 24 I per share 3 Corp 3 29 I per share HIGH Tuesday July 24 July 23 Phlla & Reading Coal & Iron 16 104% Jan AND Monday Philco 91% Aug 8 57% Jan 27 80% Dec Saturday July 21 $ per share 11% Apr 22 LOW STOCK EXCHANGE • 20 46 21 108 29% 36% 144 •106% 28% 35% r 108 29% 35% •111 ♦98% 112% 82% 100 140 45 45% 6,600 55% 56V4 29,200 •106% 29'/a 35% 108 29% 36% 1,100 2,300 *144 144% *144 *26 26% 26 26% 1,200 21% 21% 75% 21% 75% 71,200 76% 3% 3% 3V» 3% 95% 95% •941/4 96% 60 37% 37% 37% 37% 70® 26 26 26% / 21% 21% 21% 21% 21% 76% 76% 75% 75% 76% 3% 3% 3% 3% 3% 3% 96% 37 146 46 R 80 Nov 75 25 .j <,13 100 27 Feb > 3 July 13 Jan" 10 103% <35 For footnotes Nov see page v 16 24. July 16J 4% Jan ' 8 May 16 5% Feb 8 02 Jun 28 i<38 Jan 2 i 5 2 3Va Apr 103 Jan 40 % Mar 9 5 $3.50 RKO Ralston Purina Co 3%% pfd Raybestos-Manhattan par 21% No par 75% 1 3% '3% 3% *" 3 V4 3% 3% 3% 3% 94% 94% •941/4 96% ♦94'/4 37 37 •37 37% 1 100 No par .H 21% 76 . 37 1,400 3% 13,60® 3% 15,600 The Commercial and Financial Chronicle Monday, July 30, 1951 .... (378) NEW YORK STOCK RECORD t per S per share $ per share Highest $ per share 3j% Juiy 37-/a Feu 32% Feb 44 25 30% Jan 13 36% Dec 30 20Jun 29 28% Dec 30 3 25% July 20 Jun 19 39 % Feb 9 37% May 24 20% Dec 7 Jan 6 9% Dec Silk Reed Roller Bit Co 25 21% Jan Reeves 9 28% Jun 8% Jun 22 12% Feb 19% Dec 2 28 5% Jan 30 30 11% Feb 1 13 Jan 13 14% Jan 3 July 13 7% Nov 24 6 43% Dec Dec 18 150 5 20% Jan 13 3 6% Dec 15 13% Jan 15 39% Jan 30% Dec 27 50 Jan 37% Feb 60% Jan 2 103 July 30 28 9 19 '• 36% 35% 35% 700 *26% 26% 263/a 26% 900 40% *38% 40% *38'/4 40% 100 33 *32 33 32 200 16% 30 *15% 16% *153/4 16% 18% 18% 18% 18% 18% 183/a 1,100 15% 15% ♦15% 15% ft 153% 15% 3,100 19 24 Ritter 30% July 17 16% July 2 21% May Apr 3 20 Feb . 5 112% 7% 29% 44 90% 90 90 44 91 ft •' *89 ft 104% 104% 32 31% 31% 31% 58% 59 58% 31 • 57% 58%' 26i 26 : ft. -v.- V, "ft .9 ft 33% 33 . 18 34 20 148% 101., • 26 , 19% May 18 Ronson 2 20% May 29 3- 60 33% 148 148% - ft 101 v*98 ./ •• 1 8% Jan 3 12% Feb 21 200 8% 4,800 35% ft 35% 18% 33% 18% 22% 22% 22% 22% 52% >'.'51-% •51% *51% 11481 11% ♦11% ,11% 11'/a 11% i • 5,000 183/4 223/a 22% 19 3,200 .. 1,100 . 1,000 52%, 52. ft 900 ft 22% .22% 11% ft-11% ; 11% 1,700 •.-ft- 101 19 ft 11% 4,400 18% 33.3/8 148 *98% , 52% ?' 52% - • - ft 148 ft. 101 183/4 52% 11% 34. *98 18% ;; i8%: 22% 22% •51% (Jacob) /!*> 8 % *144 ioi; J' *98 18% 18% 34 148 ,18% :yii 12,200 26% *26% 9% 333/8 18% 18% 34 1 1 59%, 35% „ 34% - No par Royal Typewriter Ruberoid Co (The) 1,900 32% 263/4 500 • 32% ft 18% ; 18% 34% 34 18% •33% :; 104% 58 32% 58% 9 9% -ft 9 ft: '.34% 148% ' 50 ft/ 500 90 ft 90 *253/4 *25% ; 26% - 9% f; 18 - v » 7,100 33% 42% *104 32% 59 1,900 • 32% ' 58 32 '."410 9 ' 9 33% 149% ♦98 26 'ft > 13,400 54% 42% ' 90 18,200 197 *8% 104% *89 5,600 7% 53% 44 .'ft-; 103% 104% 104 105 ft 105 33 *42% : 100 293/4 - 193 8% 32% 33% ft *42% 7 192 8% 400 35,400 40% ft 29% 53% 187% 9 : . *112%- 113 7% 52% ' 185 32% 44 ft i.44 7 52 . " 100 113% 28% 8% 32% 32% 33 > •90 ♦111% 7% 4,300 10 39% 29% 51% 9 32% 44 40% 12.200 3% 3% 3% 39% • 1L 47% Jan Ruppert 8% 3% *934 185 185 185 9% 9 51% 51% , 185 13 10 7% 7% 7% 7% 51% 51% 185 12% 10 29 100 13% 6,900 20% 40 *111 29% 28% , 19,200 19 98 20 113 112% ♦111 17% Art Metal Works Inc 15% Jan 20% Jan Mar 22 " 18% *95 % 18% 98 10% 39% 39% 20 12% ' : 400 57% 20% 4 4 *10 /10% 38% 28% 28% •33% common 1 12% Apr 112% 20 1 preferred series A.', 4% 23 Co Haas & Rohm t May 11 61 38% Corp—No par El & Gas Rochester Feb 28 19% Feb 37.% 13% 4 ♦10 9% *56 % 19% 19% ■i 12% 13 4 10 4 .9 Controls Robertshaw-Fulton 4 May 107 Mar 13 105 I May 12 155 4 10' 18% *95 % 19% 19% ■12% 12% 12% No par No par Corp Company Copper Mines Robbins Mills Inc 34% July 12 •ft 93% Jan 19% Roan Antelope 9 . 19% 1 10 3.60% 4.50% Oil Richfield 30% Feb 2 31 23 July 13 t 60% Jun 2 10 19% 10 100 100 1 series Preferred series Rheem Manufacturing Co 34% Apr 16 Jan —I 300 24 . 9% 57% *56 98 24 93/4 9% 19% 18% *95% 98 83/4 *8% ft 25 25 57 57 19% 18% ♦95% 1 9% ft 9 *8% 25% 9% 57 18% 97% 10 9 *8% *23% 9% •56 17% 97% 50c - 25% 9% 57 •56 Co com No par convertible preferred—100 Preferred % May 9 42 Feb 17 107 19 t 10% 1,200 15% 9 *8% •24 24% 32 15% 15% ft 9 •8% •9% , 18% 18 15% 15% 24% 100 Common 23 98% Jan 108% Mar 19 7% Apr 23 14 Dec Jan 50% Apr 11 107% Nov 27 43% July 28 8 *35% 16% •15% 18'/a 50c Reynolds Spring Co... Reynolds (R J) Tob class B Mar 31 45 2 27 23% Jun 22 July 13 18 "32 250 convertible preferred.. 5% % 4 Jan 36 26 ; Dec , 11% Jan 29 8% July 26 Jun 36 13 14% Dec .. 16% 18 CLOSED Reynolds Metals 30 31% Dec 27. 13 Mar 17 102 30 Apr Jan 8% Nov July 13 28 Apr 86 24% Dec 19% Mar 24 Jan 58 206 .31% Jim 53% Dec 30 14 8% Feb 28 . 25 41:. 30 9 5 25 108% Jun 9 13 15% July 13 4% Jan ft 3 12 40% 33 ft; ,, 15% Republic Steel Corp com No par 6% conv prior pfd series A—100 Revere Copper & Brass com.No par Rexall Drug Inc 2.50 2 5 99% Mar 31 5 1 Jan 49% Feb Jan common Motors Inc (1 118% Jan 34% May Co Mfg Republic Aviation Corp Republic Pictures common 9 29 25 «'/8 Jun , , July 19 38% Jan 10 19 4 139 7. 04% Jan 104% Dec '• EXCHANGE —5 Conv pfd 3%% series— Remington-Rand common (4.50 preferred Reo 13 27%.Jun 23 Dec 32 4% Jan 10% Feb 111 30 Jan 100 22% Feb . 16% Jan 35% Jun 32% Nov 24 117% Dec 6 17 27 9% Jun 47% Nov 20 23% Jan 103 2 11 Apr 2 3 3% May 21 16% Dec 8% Jun 11 Jan Feb 100 16% July 10% July 27 July 13 3 STOCK par Bros Reliance 9 19% Jun 64 19 90 93 % Aug 22 10% Jan 13 5% Jan 25 Jun 14% Jan 56 14% Feb 20 5 13% Feb 16 y/a juiy 62% May 15 20 f 2% July 27 12% Oct 23 3 •6 Aug 1 10% July 17 July Jan 32 •32 Inc.-..-————— 50o (Robt) & Co— 'SI.2a div prior preference- .10 Reliable Stores Corp No par 8 28% Mar 20 - 85 No 35% 26% •38% 39% •39% i' —5 Mills Hosiery Real 20% Feb 16 Feb ■■■ non-cum 19% Feb 29 2,800 35% 26 39% 61% 35% 25% 59 V2 Reis 22 ftft8 35% 25% preferred— .50 2nd preferred- ..50 15% Jun 19 36% 25% Shares 60% •32 36% 1st non-cum 4% Feb 37 21 4% Feb 60% 59% 26 60% -50 Sales for the Week share $ per share 61% x60% 61% 61% S per t per share $ per share f per share I per share Friday July 26 July 25 .25 common, Jun 17 18% Dec 21 12% Mar 30 Jun Co Reading 14% Mar 28 18 16% Nov 30 July 17 15 31 34% Mar 22 3 July 10% Jun 13 July 24 July 21 Thursday Wednesday Tuesday July 23 ...1 Rayonler Inc common $2 preferred 61% July 24 *24% Jan 30 Par 45% May 24 Monday July 21 % share 21 49% Dec 35 EXCHANGE PRICES HIGH SALE AND Saturday YORK STOCK NEW Range Since Jan. 1 Lowest Highest Lowest LOW STOCKS Xante for Previous Pear 1950 •1,000 34% 17,300 .-ftft Jibft S 39% Nov 24 99% Dec 22 96 Nov 20 41 '55 Mar 24 34 28 18% Dec 23% Oct 7 9% Jun 27 Apr Apr 4 4% 6 19% May 23 22% Jan 12 21% July 9 24% Dec 21 62% Dec 21 Feb 30 % Feb 2 51 2 5 71% Feb 29 42% Jun 30 57 Jun Jan 26 240 Dec 8 205 Apr 5 320 May 11 24 140 Oct 3 122 Apr 11 148 Jun 11% Jan 10 89% Jun 12 128 Jan 98 12% Dec 29 7% July 13 6 12% Jan 13 26% Sep 1 20 112% Sep Jun 30 *84% Jan 9 96 104 7 115 Jan 87 89% Feb 83% Nov 20 76 July 19 87 Feb 21% Feb 17% Jan 2 May 11 82 Seaboard 15 Seagrave 14: Sears 13% July 19 22% Jan 58 20 14% July 28 16% Jan 27 May 20 25 Feb 18% Feb 8 14 % May 31 29 2 16"% May 4 11% Jan 4 Servel Inc common 98% May 17 8 90 87% Jan $4.50 May 25 Range for Previous Year 1950 ft ' - C per share I pet (hare 24% Jun 27 28% Sep 27 34% Oct 33 14 108% Apr 6 18% Oct ft 2 8% July 12 24 Nov 7 34% Jan 25 11 Va Dec 14 14% Oct «%Jan 13 II 2% Mar 31 56 % Oct Dec Oct 82% July 13 3 28% July 13 17% July 13 Dec 75 33% Oct 75 Mar 14 Jan 91% Apr 30 : 8 5 Smith 5 22% May 26 14 25% Nov 24 20 118% May 24 29 19% Jun 25 5% Dec 30 25% Mar 15 111% Apr Jan 28 53% Apr 14 11 1 4% Apr 24 25% Apr July 25 5% Jan 2 9% Jan 48% July 25 52% Jan 7% July 55% Dec 30 ft 5. *275 290 *275 *125 148 *125 148 r- ■' ■ • 23% May 25 19% Jan 2 22 July 29 South 40 35% Jan 2 47 Apr Southern Co •14 Indiana Southern Pacific 9 Southern Jan 4 75% Mar 13% Jan 2 16% Feb 99% Dec 28 20% Jun 26 25% Jan 3 8% Mar 3C Y5% July 25 7% Jan 29 8% Jun 25 5 Jan 30 96 100 Jan 3 105 101% Nov 15 Dec 28 26 ' 33% Dec 25 % 18 13% Dec 28 1 66% Aug 5% Jun 85 Sep 25 5 21% Dec 11 May 24 July 12 July 16 Mar 5 29% Feb 13 26% Jun < 29 34% Jan 5 9% Jun 29 14% Feb 9 _25 113 Nov 30 Conv 19% Jan 24% Jun 14 Square D Squibb (E Jun 100 Jun 15 109 % Jan 30 21% Jun 29 26% Feb 8 28 31 96% May 24 87 10% Dec 10% May 24 8% Jun 29 89% Jan "1% July 13 47% Jan 3 8 77% Mar 27 May 22 64% July 131 July 13 160 Mar 22 135 Jun 136 July 13 174 Mar 22 157 July For footnotes see page 24. 28% July 27 96 Mar 1 13% Jun 19 13% Feb 1 Ohio $4.50 *83 85 *83 78:,'. 183/4 183/4 91 79 94% ft 15 .ft .ft 18% 18% 93% 91 14% *14 > 14% 14% 14% 53% 53% 54% 54 55 53 Va 533/4 53% 16% 16% 16% 16% 16% 16% *16% ft 88% 13% 15 >•' *14% r- 8% , 3,300 ft 3,900 500 17,300 16%. 1,500 133/8 ft. ■ 85/a fti 8% 83/4 6,300 1,400 90 *87 88% $ per I per share 43% 42% 43% 42% 48% 48% 48% 47% 48% 102% *102 ft 10% *9% 10 30% *29 /ft: 30 70 93/4 -ft. *28% 66% 30 30 64% 15 14% 14% .14% 143/4 *9Vs 9% 9% 9% 3% 3% 33/4 •3% 3% 3% 313/a 31% 31% 31% 31% 30% 30% 46% 46 % 47 47 *46% 47% 45% 46 39% 41% 40% 413/4 40% 40% 41% 86 /ft 86% X84'% 85% 86 *34% 3% 30% % ft. ft --ft 85% 36 J/4 36 36 18 ft 17% 173% 71 *69 ft 84 ,y 84 22% 22% 84 21% *69 31V4 136% 4% 4% 31% . ■ V/a- *48% 49% €3% 64,, ft 45 Edison.. & Elec Co 50 *43 / 25 No par 5 com—_50c No par Co com 1 $4 preference 160 Feb 8 $6 prior 172 Feb 8 $7 p-ior preferred preferred ! -ft. 35 % 3,600 2,200 1,600 60,400 3,100 600 ^ 35% 355/8 1,300 173/4 .. ft. 17% 3,200 69 *67% 71 . 60 84 84 ft 22 ft 22 *213/4 22% 800 33% 32% 32% 33 Vs 56,600 ,137% 137% 33% 138'% 139 84 4% 4% 4% 4% 4% 7"% ft 7% 7% 7% 2,200 8 *48 48% 50 *48 49% ft 8,900 2,500 , ft-/ 200 - tr 'ctfs—100 Sons *% 77/e 48 V2 .-ft- 8 ft 8' 49% ft ; . "ft 700 *83 139 139 4% ; \i j 22% 32% 138% 35 35% *69 84 ft 22 3/8 32% -•;/137 4% 31% 135% 7% 71 *83 22% 71 *82 ft '!•, 800 ft, 9% :■ 9% , 41% - 34 J/4 *69 17,200 35/8 31 9% 3% 40 ft 200 673/4 9% '.•14% 9% 46% 600 30 68 *143/4. ft 5,600 0% *9J/4 9% 9,700 ft-ft. 20 ftf„ 14% 14% 3% 84% 103 *102 67% 30% ... No par Inc com—No par Elec 103 66% 9% 39% *102 . .66 ft •45% 102 r *9% 30 66% 10 102 102% *29% 10 63% ft: 6,800 42% 49% 30 ft Shares 32% 48% 14% _15 31%' 423/4 17% $3.50 preferred & ft 32% 49 STOCK Standard Coil Products Co Inc—1 Gas 31% 42% ft , Sales for the Week t per share ft * 48 EXCHANGE (stamped) _No par & Friday share 42 3/8 48 •101% ...V, 1/4 ver 42% 41% CLOSED no 313', 32 31% 31% t share pet July 21 July 2G July 25 ft S $ per share share 3i% ft July 24' / Thursday Wednesday. 7 ftftTueaday/ftiw?' July 23 36 Co R) i Monday.'" 300 ft.v 54 13 3/8 ' 133/a 13% •87 88% •87 88% .; *87 *14% 8% ft. 8% '■ 8% 8% •ft 13 13% 13% 8% 183/4 '.92 40 8,700 54%;. 78 18% ft ft ft 53% •- 1,300 85 *83 54 *77 78 *76 40 1,900 ft 14% ft ■ft" 14% 85 53 ft 54% 53 i 77 v 14% 34% 5 78% Feb ftftft 50 112 ft 14 36 29 2 112 i 14 33% stk pfd $4 preferred Standard Brands Stand 70 112 *109% 14% 112 •109% 92% •87 Inc 1 No par 1 No par Spencer Chemical Co 4.60% pfd.100 Spencer Kellogg & Sons 1 Sperry Corp (The) 1 1 Spiegel Inc common 2 9 24% Oct 23 90 53 Spalding (A G) & Bros Sparks Withington Co Spear & Co common $5.50 preferred Feb July 13 20 Mobile •& 81 24 106% Jan non-cum 69% July 23 2 90 14% Railway 10 77 90 '*88 90 *88 18% No par No par No par No par ft 65 ft *70 53/4 26% 29%. 1 *43'% . 44 *43% .ft 45 33% 33 33% 33 33% 4,700 r 11% 11% 11% 11% 11% 11% 11% 34,600 ft 20% 21% 21 21 21 21 *21 ya 21% - 45% 46 J/4 45 45 63% 63% 64'% 63% ft' 51 52% 50 3% 51'% 66 65 65'% 65 65 70 70% 703/4 •70 51 15% 'ft. ■5% *90 : 5% 7% 7 96 15% 15 15% 5% 101% 7% 73/4 263/4 26% 26% 26 29% 283/4 29% 28% ..j 26'% *26% 29 29% 7% *90 *101% 102 - 700 55% 96 *101% 10,900 - 14%'- 73/8 *90 101% 523/8 655/8 65 5% 96 *90 ,;;/ 102 5% 21,300 51% 14% 5% 6434 *70 703/4 14% 45 63% 64% 70 1,000 44% ftftft-. 46% ft *101% 102 1,700 33 6% 7 643/4 11% 15% •101% 44 64% 33% ft: 70%. 96 : 64 33% 50% 5% *6% *43 63% 64% ft.,' *65 65 15% *90 64% 44 *43 33% 49% ; .50 .. : 64% 64% Co .*. No par common..No par preferred 100 5 Feb 75% Feb 6 33 93 63 64 17 : *46 5 15 33 18% 623/4 2 Oct 77 V . 46% July 7% Oct 323/4 90 v 61% 64 81 323/4 102% 102% 89% 18% ft 18% 45% 46% July 10% Feb 33 52% 52 7.50 27 5 32% 85 *83 76% 104 ft; 18 % ft 18% Gas Gas Natural 26 3 14%" 51% V 53 ft *102% 14% 14% 84 83 ft-50 92 104 112 *109 ft 11% Dec 3 ' 1,100 92 *90% *102% 90 21% 70 Jan *88 90 r *90% 92 14,400 51% '•> 51 51% £2 2,000 34% 34% 33 32% -4 18 104 21% 51% Dec Apr 33 51% 51% 51% 90 92 ft 18 92 104 103 % ft, 11% 29 5 51% *90% 5 27 4% Jan 51% 90% 35% (The) 11 60 51 33% Jun 27 34% 25 32% Feb 13 343/8 18% ——— 83% Jun 14% Oct 35% 34% 18% Co Inc California 67% Dec 10% July 12 35 853/a Southern 9 34% 33% 12% Jan 67 34% 61,000 153/4 *903/4 ft 33% 29 ft 67% Dec 27 18 84% 10% Jun ft 18% Dec 18 30% July 12 28 17% 34% '"-ft;.... ; '• '.ft- .7 preferred Southern 13% Mar 16 88% Jun 18 •88 South Porto Rico Sugar com_No par 5% •ft ' 17% 34% 65% Jun 7 45 Jan 18 35% Mar 9 74% Feb 17% 33% 13 29 n% •: •109 ■>'. 112 1 IB 1 1 5 26 58% Jun 17% •32% • 10 V4 July 12 49 90% 13 32% Jun 16 90% 8% 41 % Jun 11 92 12% 1 21 *90% 17 12 Apr 90% •102% —50 preferred ft. 30 90% 90 % 17% E & G Co com_4.58 South Carolina 8% 15% 153/e >15% -15% 90% Par 600 ft: 290 148 15% •16% Feb 53% Jan 17 59 50% 25 100 100 5 100 36% Jun 45 ft 33% Solvay American Corp 4% pfd—100 South Amer Gold & Platinum 1 5% 59% 2,300 10 20 -*..100 —100 Oil Vacuum Socony £• 15,800 61% 290 preferred preferred Smith & Corona Typewriters_No par 18 25% 60%' *125 —25 4.20% 33 % July 25 139 25 61 & Iron_„__20 3% % 19 25% 60% 87 (A O) Corp Alexander Inc___ Smith 23 % May 23% Feb ft 39 2434 60% 15% Corp.—No par Oil Sinclair 25% 60% 15% Co Skelly Oil Co—ft Sloss-Sheffield Steel 38% Feb 16 Feb Jan 6 20 94 Feb 3 5 80 % Feb 3% Jun 28 53% Feb 24% 1,010 5,200 ft *270 No par Simonds Saw & Steel—...—No par 17 25 16 31% Dec 25 32% Mar 28 King Simmons Feb 28 106: 39% Sep Silver 41% Jun 11 31 4 36% Jan Sheraton Corp of 35 18 14% Jan Corp America Coalition Mines Mfg Sheller 8 2 ft 30. Mar 8 Feb 23 , ; 17 JUn 102 Corp Jan 6 Jun 88 3 Oil Co. Pen A) 11% Jan 3 x34% Jan (W 17% Mar 19 2 29 41% Jan Shell July 24 17% July 10 28 Aug 25 70 79 Dec 22 Mar 15 29% July 30 common Sheaffer 7 25 90% —1 No par No par No par No par Corp 12% Feb 19 ft 3% July 17 Steel 30 May 22 15 % July 21 » 3. 8% Jun • ft- 2 Jan 22 ft 148 Saturday $4.25 cum preferred Shattuck (Frank G)—; Jan 108 71 76 7% July 9 27 36% May 29 25 Jan 12 «8 80% Dec Sharp Sf Dohme 12% Jan 3 26 42% NOV 10 20% Jan 9 51 23 29% Mar 21 34% Dec 49% May 23 35 15 25 Jan 9% July 10 24% July 12 21% Feb 9 100% Jun 4% Dec 29 * 50 % May 37 46%'Aug 28 15% Jan 2 Sharon 22 290 ft ' ' ' 3 32% Jan July 25 105% Feb ft 35% Feb t 21% ♦125 —1 Shamrock OII & Gas 29% Jun 25 3 22 ♦270 14% STOCK EXCHANGE ftV- $ per share 22% 22 STOCKS ' Highest sh,are f $ per : 33% Dec 30 46% 148 No par YORK NEW Range Since Jan. 1 Lowest Highest Lowest 9 8 34 45 290 ,—5 i—1 preferred 1 983/4 45% 24% 58% 58% 5 * j 99 44% •125 No par SeiberJing 2 98 46 •270 88% Refrigerator Co.— Rubber Co—* July 11 13% Nov 30 33%- 98% 44% 24% 7G% , Co. & 8% July 3 8% NOV 3 6 Del of Co Corp Roebuck Seeger 8 Oil 35 98 ♦22 21% 23% 100, !—1 Seaboard Finance Co 94% July 27 34% 36 35% 98% 45% 35% r ' 21 % •i No par series A preferred 19% Mar 19 Mar 14 74 com 44% com_No par Co RR Line 3 51% Jan 17% Dec (The) Co Elec preferred Air 5% 16 common— preferred preferred 3.35% Seabd 8 Co Mfg Scranton 2 14 May 55 ft Nov 24 July 17 Dec 15 2 61 3 10% Jan 31 8 Mar 2 13% Jan 29 3 88 4.30% July Jan 5% Jan 12 Jun 60 .ft- 3.65% Jan 79 Dec 40 7 123 47 Mar 50 25 Feb 2 2 92 47% Jan Jan 2 22 5 Scovill 38 95 Jan Jan 16% July 26 11 26 13 Jun 112 Mar 27 16 12% July 12 Jun 108 24 20 86% Jan 31 16 101% July 17 July NOV 41% Jan 102 31 9 52% Apr Feb Mar 30 Jun 57 27 Oct 17 19 21% Jan 41 33% Dec 28 "? 88 21 18 Fee 90 2 31% July 47% Nov 25 105% Feb 15% July 25 :£■ 17% July 10 39% Dec 20 101% Sep 6 Feb 4 20% May 24 1 38% Aug 94 Oct 96 Apr 85 11 98 36J4 43% 36% 43% preferred 100 St Joseph Lead Co 10 St Joseph Light & Power Co.No par St L San F Ry Co com vtc__No par Preferred series A 5% vtc 100 St Louis Southwestern Ry Co—100 5% non-cum preferred 100 St Regis Paper Co common 5 1st pfd 4.40% series A 100 Savage Arms Corp S Schenley Industries Inc 1.40 Scott Paper Co common No par $3.40 preferred ; No par $4 preferred No par common 98% 35% 97% 8 Safeway 9 101% Jan 13 Stores 9 39% Mar 33% July 27 99%'Dec 26% July 12 3,300 70% 50 143/4 800 700 5% ft 7% 1,800 96 102 ■ft 100 26 % 26% ; •29% 26% 1,100 28% 29 6,700 103/4 4,400 10% 11 10% 10% 69% 69% ft 69% 69% 70 70 21% 21 % 21% 22% 223/g 223% 22% 23% 22 5/a 233/a 5,900 25 25% 25% 26 253/8 26% 25% 273/4 273/4 28% 30,400 *103% 104% *1033/8 *103% 104'% *103% 104'% 103% 103% 50 22% 22% 22 Va 223/4 22% 7,000 88% 230 10% ".4 10% 103/4 *69 10% 10% 70 104% • 22 *87% , 89% 873/4 12% 12% 12 V8 12% 12% 22'% 12% 8% 8% 8% 8% 8% 9Va 68% 69% 69% 71% 141 141% 141% 1633/4 163 % 164 9 *141% 142% *163 164 141 *163 22% 100 ' "• V. 22% -88% s„ 12% 12% ft,,; 12 Vs 12 3/8 4,700 10 89 6 ; 70 873/4 225% 89 89 67% *69% 10% 10 10 Ve 19,600 71% 72% 70% 715/8 18,300 *142 164 144 164% e:. • . c -. *88 141% 142 * 1633/4 164 600 1.200 Volume 174 Number 5033 . The Commercial and Financial Chronicle . . (379) 23 NEW YORK STOCK RECORD Range for Previous STOCKS Year 1950 Lowest Range Since Jan. 1 Lowest Highest t per share f per share NEW Highest $ per share 44 $ per share 42% Feb 14 60% Dec 30 100 4 35 Dec 30 104 ' Aug 17 97 ' Jun 26 Octii 48 < 20 Dec . 18 Jan 6 54% Nov Mar 1 40 Dec 29 12% July 14 July 12 16 Sep 28 ?6% 34 98" Feb 30% Apr :. Jan 10% Jun 1 39% Feb 10 103% Nov 24 - 21 27 48% Pec 3 21% Apr . 27 18 • '16% July 5 ,16% July 13 20% Sep 23% Apr 25% July 17 36% Oct 38% July 13 71 ' '8% July 17 93% Dec 15 Apr 72% Oct Jun 96 Apr 67% Jan . 17% Dec 24 % Oct 18 14 y8 July 12 22 % Dec 19 July 13 63% Apr 11 56 11% May 11 10 370 Nov 16 22 30 9% July 11 13 •; | 12% 84 2 Feb 79 Jan 4 >5 % Jan t . Sun .. 70,000 37% 36% 97 37% 27.800 *96 97% *96% 97 % *96 % 97% *96% 16% 153/4 15% 16% : 16 16% 15% 21 16% 21% 16% 213/a 523% .'21% 3,200 31% . 21% 21% 21% 22 5,000 10% July 24 *52% 53% 39% ♦38% 40 14 *13% 14 43 43% 94' 93 93 41% 39% 4V 40% 17 163/4 16% 14% 15 15 16%16% 4Q % 17 .15% 16% 17 17% 21% 26% 17% 21% 17 17 21% 21% 22 26% 26% 26% 2? 55 55% 54 55 2 2 • Co Class A 4%% preferred- conv Jan 18 Sunshine Mining Co Superior Oil £ 95% Mar pfd 4.40% 70 713/4 72% 117% 117% 19% .19% 22% *21% 43% 16% 18 7,500 94 10 41% 6,900.' 17% 17% 2,700 163/4 1 42% * 17 8,500 18 500 21% 213% 22 5,700 26% t 17 % 213/4 26,3/4 26% 26% 53 54% 10% 103/4 ♦53 % . 55 10% *96 .! 103/4 f 98 • *96 22,700 1,200 5,500 98 ^ . 733/4 " 74 *117% 20 20 73% 74% 4,900 ♦117% 118% 193/4 118% 80 20 19% 20 39,400 22 *21% 22% *21% 24 24 24% 24% *24% 243/4 24% 243/4 62 1,300 61% *61% 613/4 61% 61% 61% 62% 1,300 5,500 10% —5 448 18%* 24% 10% 448 *448 11% 10% 462 11 11 *440 455 18% 18% 19% 19 19% 24y4 24% 24 % 4,600 24% 243/4 243% 25 253/a 3,400 107% 1073/a 107% 107% 107% 107 *10% 10% 10% 10% 10% 103/4 25 33% 33% 33% 33% 333/4 34% 16% *14 ; 107% *88% 10% 10% 500 333/4 34% 3,800 16% *14 16% 32% 33% 33 34% 33% 343/8 89% 90 90 90 % 90% 90% 7% 7% 7% 13% *12% 7% 7% 7% 600 103/4 34% 90 1 107% IO3/4 333/4 33% 32% 100 18% (The)T_4.16% *14 11 455 *440 100 18% ! Sylvania Elec Prod Inc com—No par $4 preferred No par Syxington Gould Corp 1 22 18% 243/4 107% 107 11% 103/4 450 18% Sweets Co of America 3 16% 400 24 10% Swift International Ltd 1 17 % *17% , 1173/a 22 43% *93 41% 1,400: 61% "435 pfd "when issued_100 Swift & Co 94 200 133/4 ' 75 193/4 53% 42 133/4 ' 43% 17 i, 100 41 40% 98 *1163/4 22 *93 97 *52% 13% 43 • 11 *96 531/2 ; 41 13% 94 10% 39 - 37 24 25 com 11 98 *523% 0 43% *93 r • 61% 50 new 43 19% *21% 10c Paper Co cum •« 117% 19 12.50 California of 103/4 *96 70 *116% 1950—20 ser 10% 98 70 25 Inc 17% 55% 10% x Superior Steel Corp 8 10% May 2 2nd Biscuits Sutherland 16% May 4 34% July 25 2 26% 100 Oil 5%% Jan . >21% No par common—, 4%% July 24 17 55 Sunshine 40 *93 par *39 - 43% : 98 11 107% July 25 13% Jan 18 28 52% 53% 14 No par 19 26 Jan 1; 29 5 •7% July Corp Oil Sunray 15 86 68% comomn— 1 series A preferred—.-No par Jun 24% Feb 25 67% 36% 68% 37 *52% Chemical Corp $4.50 26% Feb 25% Jun 23% Jan 663/4 36% 1 24% Jan 448 Jun Webster4-T->-No & 64 29 13% Jan 10% Oct Sun 5 25 32 3 Sunbeam 19 Jun 6 68 36 15 Studebaker .Corp Apr 30 16 Yb Jun 26% Apr 18 88% May 31 18y4 July 13 Stone 7 , & Co Inc_.— Corp common preferred series A 15 5 66% 35% 20% 100 . May, 2 21% Feb 26 4 31,000 68 31,300 65% 66 70% 16% Stewart-Warner Corp —.5 J, Stokley-Van Camp Inc common 1 5% prior preference.,-., 20 3 May 119 % Jan 8 15% Mar 3 49 69% 42% 99 Apr 40% Oct 20 9 V« Jan 473/4 69% 5 101% Jun 33% Jun 49% 69% Sterling Drug Inc\c.ommop_ 3%% preferred -—-*. 23 ' 48 70% •« Mar 14 355 49% 69% 14 10 Jun 47% 70% 97 CLOSED 49 69% 39 (J P) Shares 47 35% :> Starrett Co i(The) JL S__No par Stevens Sales fey the Week $ per share 68% 38% July 12 $ per share 64% STOCK EXCHANGE Mfg Co_— -xl Standard Steel Spring common—1< 4% convertibles preferred 50 Friday July 27 July 20 $ per share 47% *13% 4 July 16 Jan preferred,series A_——100 Stand Ry Equip Thursday July 25 $ per share 64 . 10 common PRICES Wednesday 46% 1 4 ; t per share •Sterchi Bros Stores Inc—_— 18% Mar 115% July .10 17 y2 Jan 10 14 17% Dec Jersey new_15 SALE July 24 44 -; 10 21% Jan 49 9 19 3%% 9 16 % July 23 58 30 3 Ohio Jan •- 25 Jan of July.24 10 9% Mar 30 Oil 25% Apr 14 35% Mar, 7 10% Jan 195 Standard , 8 per share Por HIGH Tuesday July 23 15% Feb "; 3 2 16% .Jan *8% July 12 39% May 11 44% Feb 10% Jun 29 18 25 Jan' Now 25% Apr 18 56% Feb 13 27 116% Oct xl22 of 42 7 101 Oil 26% ,7 Mar • 2 19% Jan 11% Nov 24 1 55% Feb 17 / 28 27 v Standard 90 Jun 28 104% Jan / 4 39% Apr -11'- ' 49% Jan 17 -15% Jan 2 / 19% Feb / 2 14% Jqn/28 20 % Feb •; 8 NOY 24 v-1' AND Monday Standard Oil of California—No par Standard Oil of Indiana— 25 3 105% Mar 25 \-36% Jan 18 21 v Saturday July 21 . k July 2 50 % July 9 37% Jun 29 13 % July 16 28 May 70% July 24 : ' 68% July 27 July 12 14 18% July 13 . 50 59 Apr 2 58% Jun 13 33% Mar 15 ' 25% Jan Mar 13 LOW STOCK EXCHANGE „ ' YORK *14 16% 8 73/4 13 *123/4 *15 16% 34 34% 25,700 *90% 91% 170 73/4 7% 7,300 ; T 11% July 11 4% Nov 30 17 Jan 3 15 Nov 17 7% Apr 18 12% July 4'/a July 25% Dec 29 25 / 1 Feb 21 9 6% Jan 23 2 37 y2 Jun 4 13 24% 63% July 13 97% Nov 20% Feb 16 39% Nov 24 25 25 23 y4 Jan 6ct~n Jan 44% Jun 151/8 Jan 14 2 2 50% May 4 29 Yb Apr 28 90% Mar 15 34% Mar 105 Jan Texas Co Texas July 17 44 Feb 89 % Sep 22 Nov 17 80 Jan 10 5 Co 5% 37% 483/a 49 Pacific Land 47% 48% 26% 26% 99 No pa* Coal & Oil .10 *123/4 *4% 36% 25 Producing Texas Gulf Sulphur Texas Pacific 36 —10 new 13 5 36 *4% ———5 Gulf 16 12% 9 Telautograph Corp Corp Texas 63 (James) Tennessee 30 44% Jan 7 Talcott Inc 13 600 *43% 5 5 400 36% 36% 37 37 2,800 493/8 475/8 48% 473/4 48% 26"% 27% 27 9 9 S/8 100% 26% 27% 993/s 99% 413/4 40% 413% >100% 101% .'.101% 41 40% 13 5% 363/4 48% % 263/4 27% 4; 100 A'- 100 100 39% 13 *4% 36% > / 5 40% 40,500 273/8 99% 100% 8,100 13,600 40% 41 40% 20,000 85 106% Trust— Dec~27 10 Jun 30 19% 14 Jun 30 2iy4 Dec : 7% Jan Soy, Jan 3 14 3 43 Dec 8 Textron Inc 50o 17% 17%- 17% 12,700 173/4 17% 17% 17% 16% 17% 10,400 preferred—No par 17 % 17% 17% 173/4 17 17% .1,800 13% 14 13,200 1,150 7 14 y8 Jan 31 31 18% Jan 8 8% Oct 8% Jan 40 103 25 Nov 6 Jan 3 ■/' Apr 45% Apr 6% Jan 33 y8 1 Apr 4 i 95 20% Nov 24 18y4 Jun 29 44% Nov 15 43 -Jun 99%JfrQ 4 Pec 30 tThird Avenue Transit Corp.No par Thomas Steel Co (The)--—I 1 Thompson (J R)Thompson Products Inc 5 3 5 353/4 v.-2%: j *99 1 preferred;--"—:— 100 Thompson-Starrett Co com—No par $3.50 preference No par 2 Tide Water Associated Oil— 3 Timken-Detroit 49% Jan 30 ; 10% Jan Tim ken Toledo 9 >£>/■■-■ 37% 2% 2% 26% 26% 37% 37% 38 38% 10 2.600 *44 45 *33/4 3% *3% 30% 293/4 - 8 38% 2% '>>, 38 3/8 r. *100 ::r- 101 30 3% 200 30 *8 •" 8% : • 37% 9.6QQ 308 38 ♦100 3,100 101 2% 2% i 26% 263/a 1 26% 26% 700 38% 37 % 38% 37% 37% 7,400 19% 18% 19 18% 19 4,900 18% 19% 18% 19 18% 45 45% 45% 45% 10% 10% 10% 10% 8 100 10 45 263/8 2% 44% (The;)—— 14 10 26 V - Co Edison 15 8 101 3 Axle—-— 37 14 7,000 38 " Bearing—____Nopar Roller - X37 293/a 8% ♦99 26% 37 /> i- 101 *99 2% 26% 10 8% 37% /■: 37 : 101 '•'l 30% , V- 9"% ♦44 33/4 29% 37% ♦14 10% *8 ... 133/a 37 45 33/4 30% *8 17% 173/4 12"% 15 10 *43% "/■ 17% • 123/4 305/8 *14 10% 29% 83/a 136 % 123/436 15 4 i 103 ' ' ■; 45% *' 46 J46 10% ♦2% 103/8 10% 2S/a 45% v, 103/« 3,600 46 3,200 103/a 8,300 ' 10% •' i Range for Previous . Year 1950 ;v Lowest !- ; Mar -19% pec 30 253/4 pec 27 22 Jan ".'8% Jan 29% Jan < 4% Jan v < V r ■ > STOCKS LOW AND • EXCHANGE ,£ Satnrdap July 21 - 12 ' j3% "Apr,13 5 18 ' 39 3 c > . - Apr 25 ,18% Feb 17% Jun 28 :9% JUb 20 243/, Feb 30 - Apr 13T 9% Qct J5 , Transamerlca Corp, • £ .. 27 41 Jan « 13 :'i2% EXCHANGE 105 CLOSED Jan 26 16 • -5% _1 1053% -• 16% 16% 19% .193% 10 .... 19% 20 20% 21% 12% 1063/4 ' 10 . 9 :. 19%. 123/4 13% 105% / 106 % IT' 17 19% 17 19% 123/4 10 / 10 *30 - 19% 17 ' 8 3/4 6,400 " v 4oor :■■■ 1063/4 80,800 17 * 17,700 235/s 13% 1 - 17% 19% 19% 10% ♦31 ; 105% 17% ,10 v 9% ; 12% 19% Shares v 213/4 *23% 106% ' 29% 213/8 13 19% r 10% 32 9 • IO6V4 19% 32 9% 20% 21% *23%, 23% ■; Sales fer the Week ; 1 per share %'L 20% /■ii-22% -22% 12% 1053/4 I per share 1 Friday July 27 July 26 1 '•/' 19% !*• Thursday ; 1 20% 22 34',23 *30 "9% July 25 I per share * 16%: 32 9% 193/4 20% 19% 10% *31 -50 prior preferredCoach Coconv Twin / Wednesday ! $ per share > 12% 1 > > July 24 , STOCK HIGH SALE PRICES Tuesday 1 19% , ...20 £ 20% >.*22% 22%»■••> 20tb Century Fox Film com—No par: Twin City Rap Transit com^-No Par 13% Jan 16 Jun . ;> 1' 19% lnc—'—— _5 Transuev&. WiUiapw RtebU^'-No par 1 Tri-Continental .Corp common.. $6 preferred > —No par —5 Truax-Treer Coal Co_— 9 Monday July 23 $ per share I per share .2 - Trans /World -fAirliaea 9 • 8% Jan 2 Par 25% Feb 9 13% Apr 30 110% Feb '/ 8 102% Jun 26 / i 47% Dec 29 25% Jan 6 , per share 20% jun 14 27% Feb v 2 ■*20% Jun 29v10% Apr 2 110 % May 17 3 18% July 17 16% Jan 23 /Jim 29 19 JiQV 13 . *11% Jun 104%/3an3; '10 f p per tfmti 7 V8% July 13 : NEW YORK STOCK " Highest " t per share 15 r Range Since Jan. 1 Lowest -Highest 14%. July 13 .. 15% Jun 29 / " com 4% ; 29% /■:, 45 *33/4 4% *8 . 363/a *43% , 29% ,4. 123/4 10: " ■ *33/4 15 —- 18 *14 10% 43% >■44 50 173/4 353/4 - 15 10 1 preferred 81 123/4 12% 35% *14 —.—No par common— convertible ,?5% Mat 29 10 12% 35% Fefe July 25 31%.Mar 29 33% July 14. £ 9% Dec 181 Fair $2.50 100% 35 % No par 38% Jan = 26 6 38% Dec 28 13% Jun 27 / The preference- conv Thermoid Co /». 17 Jan 4y4 Jan 100 1 common qonv $2.40 7 41% Jan certificates Pacific Ry Co Utilities Co $1.25 2 11% Mar 103 Apr 28 2% Jun 21 6 5 share Thatcher Glass Mfg Co common—5 31% May 25 4 Feb 7 18 . 42% Feb 22 24 7 10% Apr 27 2 3% Jun 19 24 NOV 5% Feb 23% Mar Mar 13 25 42% Dec 1 28 23 % Mar 40% Jan 28% NOV' 18 4 27% 28 5% Dec 30 2% Nov 10 700 27% July 18 1 18 32 84 27% 83 Yi 28% 84 27 Jun 20 94% Jan 83% 27 16y8 July 19 20 V' 84 27% //; 27% 83 263/4 35% July 23 13% Jan 5 9% Oct . 80% No par 11 13% Sep 3 83 Texas 1 42% Oct 5% July 13 *80% 28 Yb July 26 1 4 17% Jan 103'% —100 5 Apr 3 £ 104% Texas & Apr 3 5 101 % 103 y2 Mar 10 17 12% July 5% Jan 3% Jan Sub 25 26 36% Jan 1 106% July 27 76 y4 Jan 24% Jun 14 10% 32% *31 % 9% 9% > 10% 33 1,180 3,800 . 10,700 2,000 / 9% ^ 3,400 // ; ' ' I ■ 3 ' '■ U 10 Feb 21 13% Jun 22 ,-43/V. Jan 2 39% July 14 / 47% Dec 19 ;'■< 473/4 Jan 2 ; 58 May 11 50% 51% ,-51% 103/4 July 17 263/4 Jan 13 13% Jan 10 12% Jan 2 > 15 May '3 Union —5 *123/4 12% 12 5/0 12% 37% Jan 10 £ 48 May 9 Union Bag <5p Paper .Corp.—No par Union Carbide & Carbon—-No par 45% 45% 45% 46 623/4 633/8 625/8 635/8 39% Nov 40% July 17 110% Oct 30 > 24 Jan 30 30 July 7 103% Aug 18 99% Aug 15 24 107% Nov 28 103 Jan 24%. May 81 50 Jun Jan 53% Mar 28 114/ 90% Jan 96 £ 55% Dec' 11 2» 27 35% Dec 105 Dec 30 15% Mar 105% Jun ■ 20 84 64% July 27 '■ 29 98% Jun x 29 Jun 112% Feb 102 ' 96 96% July 2£ . 18 33% Apr 98 Jun 107 9' 54 Aug 21 Dec 30 36 37% Dec 18 106% Jan 13% Jan 112 3 Jun 26% July 1013/4 July Mar 20 Mar 3 • Preferred $4 10 31 Apr 13 28 993/4 Jan 6 131 Apr 13 29% Jan 3 35 July 17 109 7% Mar 28 321/4 July 12 48 Dec 23 30 32 2 3/8 July 12 36% July 11 50 163/4 Jun Sep 28 Jan 12 Jun 3% Jan 4 20 Mar 3 July 17 78 3/4 Mar 16 Mar 29 Sep 21 53% Oct 20 50% July 12 14% July 18 20% Nov 27 29% Apr 16% Dec 15 % July 13 24 151/a July 13 27% July 12 42 24 69% Jan Xl9 • 99 Oct 2 3 12 17% May 1 17% Jan 12 Nov 21% Oct 24 : 135 . 189 Jun 5 Mar 2 8% Jan 3 46% Jan 4 64% Dec 29 Mar 11 38% Nov 22 22 14% Dec 16 '8% Jan 10 22% Nov 25 28% Jan 9 68% Dec 29 For footnotes see page 24. / 38% Apr V 99 Jun 2 18 20 May 24 104% Jan 4 171% May 29 123/4 May 24 58% May 19 37% Jan 2 /' 193/4 May 24 60 May 24 35% 993/4 98% 107% 108 100 85% 36% 96% ? 100% ■ *36% 37% 36% 37 29% 29% 293/8 of Inc Carbon United-Carr United No par 105 26% *114 *104 26% *103 * 48 ' 105 *103% 17 28% 17 *17 56 56 57 57 31% 31% 32 Jan 25 4% 83 83% 84% 44 65 July 10 28% Jan 16 84% Jan 16 *82% 200 900 104 173/b 173/a 400 57 5734 2,300 *31% 32% 800 28,700 4% 4% 4% 4% 44% 44% *44% 443/4 120 43/8 84 83% 4% 4% 4% 28,100 10% *10 10'/4 10% 300 83 % 20% 213/a 21 48% 483/4 49 69% 68 *82 69 83% 30 21% 2,500 48% :w48% 673/4 68 % 21 48% 69 V/ 17,200 4% % - - 28% 32 1,200 21% ' • No par 68% 68% 20% 21 21 21% 21% 21% 213/a 215/s 21% 21% 28% 28% 28 3/4 29 29 29 29 29 29 29 1 133/4 14% 133/4 13% 133/4 14 185/a 18% Freight Co 185/a *18% No par Nopar $4.50 1st preferred 1 1 U S & Foreign Securities 44% No par U S Gypsum Co common— preferred U S Hoffman Machinery com 20 100 5 100 *100 . ♦205/a 110 *175% / 18% 18% *18% 45% 453/4 102 *100s/a 183/4 19 *18% 46% 102 ' 465/8 *1005/8 133/4 14 14 473/8 19 18% *185/8 21% 1093/4 111% 1093/4 111 178 178 *1005/8 178 178 *175% 133/4 14% 60 3/4 6i 473/a ' 61% 65 24 No par 72 24% 73 ' 22 *21% „ 47% 102 *100% 21% *21 *176 113 1113/4 180 109% ♦176% 14% , > —No par *21 14% 14% 14% 14% *603/4 61% 603/4 603/4 *603/4 1 14% 61% 63 64% 643/4 65% 63% 24 24% 24 ' 24% 73 72 72 63% ' *71 ,/ 11,700 19 46% 102 *20% 4,100 19 19 ' 21% 8,400 43,300 14% 18% *18% 19 1113/4 Class A conv preferred No par r 19 U S Leather Co common U S Industrial Chemicals 10% 17% 900 123 10 Co—13% Certificates of interest preferred *17 4% 44% 43,a 10% 4% 10a/8 *83 175/a 44% 4% K 4% 4%% *103 32 103/8 United Merch & Mfrs Inc 70 315/8 57 31% 4% 105/s United Paramount Theatres 17 27% *116 104 16% 4% 1 Jan *103 55 *10% 9 19 104 31% 1 1% 104 31% Chemical Corp com.l preferred 100 9 26 100 105 54% (Del) 21 % Feb Jan 104 *103% 114% 69 185 12,300 26% 68% * 105 30 31% 4 2,000 365% 29% 31 4% 49 365/s 30% 114% 44 ' United Fruit Co U S 48% , 36% 29% 27% 20% 1 48% 36% •/ 31% 49 13 3,000 115V8 20% Feb 30 37,400 26 3/4 49 24% Mar 48% 98% 37% *313/8 43 Yb 180 102 % 54% 4 150 98% 86% 37 115% 20% 124 *97 108 101 26% 49 48% May 4 106% Feb 28 86 38 31% 43% United Gas Improvement *97% 102 31 10 Cig-Whelan Stores com—30c 100 United Gas Corp *107% ; "98% 375/8 No par $3.50 convertible preferred Corp 1073/4 No par Corp Co—.— Fastener 1,900 5,100 116% *103 l;300 3,600 18,400 ' 104 -- 473/4 26% *103 14 64% 99 101 48% -- 46% ■31% 31% 104 *16% 483/s 14 633/4 86 *97 ■ '!7': 45% *97% .• "'f 64 *113% 120 30 3/4 America—No par $4.50 preferred United Board & Carton United *103 common—10 ———-——100 12% *85 303/a 22% Feb . 38% ..48% Lines 52% 123/s 107% ' 102% 48 49 9 98 . 29% preferred 52 12(5/8 45 853/a 37% 102 ■> 205/a 13 108 100 98 37% 101 5 16 • 37 Air 14% 52 . 12% V, 62% • ' 100 5 Feb / *97% 86 96% 36% > 46% 1073/4 United Engineering & Foundry 23 14% 52 >: 63% *97% United Electric Coal Cos 29% Apr 18% Feb 14V8 July 12 Jan *96% 45% 62% *85% 85% 54% Jan 1 i2y8 48 United 73% Feb '■ 52 12%: , Apr 21 24% Feb 7 2 18 100 85% United Dye & 9 14% 513/, 363/4 4%% 1% 14 - 29% 49% Feb 13 4 3A Jan 22 22 ' No par United Biscuit 88 - 2 19 July 2 26% Jan 25 18 106% May 23 30 90% July 26 181% July 19 > 12 23% Jan 4 14Jun 66% NOV 4 108 *97% Aircraft 12% Jan 2 May 22 46% July 59% Jan 31 *107% non-cumulative preferred—50 United 1 93/4 Mar 26 3 22% July 13 11% Mar 30 19 Jan Jan 32% May 16 4% Feb 5 25 4 25 July 18 21 3 Mar 13 63% May ■ 18 3% Jun 4% May 31 58 26% Jan 43 Yb Jun 123/8 Aug 21 39 22 44% Mar 13 • 3 8% May 22 •• Mar • Corp common ,5 convertible preferred——100 United 5% 14% 52 ' 50 Union Tank Car Co— 2 14 14% No par common 1 4% *14 v ,——25 series— Union Oil of California Union Pacific RR Co 2 112% Jan 9 Co series——Nopar 9 27 102 $3.50 Feb Mar 29 111% Sep 13 18% Dec 29 Preferred Jan 243/a Dec 22% Jan Rubber 52 41 Yb May 2 1033/4 Dec • & 40 29 25 33 Asbestos Un El Co of Mo pfd $4.50 ser__No par Preferred $3.70 series Nopar 7 30 79% July 11 24% July 17 106 Dec 18 1 Udylite Corp (The) 1 Underwood, CorpNo par 11 40% Apr • 477/s July 17 38 2 Mar 17 Jan 109 % Jan 4 29 May 12 25% Jan 13 31 3 24 ' 24% 73 14,200 102 21% 113% 4,500 180 10 ■; 5 , 14% *60 3/4 V *14% 61% 40 : ": 1,800 623/4 5,000 233/s 24 9,900 70 70 613/4 - *70 15,200 483/s .703., . N 24 Chronicle The Commercial and Financial (380) . Monday, July 30, 1S51 . . NEW YORK STOCK RECORD Range Since Jan. 1 Year 1950 Lowest Highest Lowest f per f per thare S per thare 14% Jun 27 Feb 4 7>/a Dec 29 8% Jan 9 34 % July 13 49% Jan 10 36% July 5 43 65 % July 17 77 12 70 7 84% Mar 18 Jun 16 U 8% Jan 12 Jun 29 11 91 51 Jan 18 143% Oct 9 33% Mar 31 62% Nov 126% Jan ; 68% Mar 54% July 14 13 Jan 4 18% Dec 27 40 July 21 18 Va Jan 3 Feb 11% Apr Jan 26 4% Apr 24 27% Jan 9 24% Oct 18 2% Dec 6% Apr 4 x25 Jan 177 July 28 Sep 27 45 12 20% Feb 14 Jan 3 27 Apr 4 6% Jun 29 Jan 27 30% July Jan July Jan 105% Jan 3 2 24 25 5 3 9 x27% Jun 19% July '25% Jun 31% Deo 14 116% Feb 20 106% Jan 26 103% May July 17 60 35% 31% 44 20Va 82 5 29 16 20 2 Mar Feb Mar July 54% Jun 25 71% Feb 7 Wabash 10 12 Jan 2 13% Feb 13 Waldorf 29 *29% Feb 13 5 3 27 Jan 12 Jan 20 40% ::*39% 5% *5% lOVa 10 *90% 91% 3% *25 3% 55% 40% 41 *40 5% 5% 89% ' " .: - 5,800 106 3,400 3% 100 27 *25 24 200 10% 3% - 27 *23 . *5% 3% *25 23% 23% 3,000 41 10% „ 91 ' 3% 25 % ' 89% - 1,500 , 19% *40 10% *88 3% 3'A 50,900 41% 5% . 10% - . 91% 1 . ; 1,100 143% 19 41 " 480 8,800 , 59 % 143% * *25 23 59% 40% * 55% 54 59% , j 5% 3% ' 23% ; 3'/a 23% 200 - ' 3% 3% 3% 25% 25 164 164 165 59% : ; 10% 19,700 133%' 41% *5% 25% ' 24% 24% 65% 133% 19% *89 ■ 3%' 3% . 3% ' 1 *164 ; 6434 53% . 4,400 91 65% 134% 143Va 145 19 V' 19 Ve 10% 91%' *22% ' ■!';. 5%, 25% 26 3% 1 3% 23% -*22% *88% y 91 : 36% 36% 64% 59% *40 10 % *89 3% • • /: 76%"" *74% X. 1,200 38 * 133% 143% 19 40% 5% 36 Va *88% ' 40% * 41% 143 Va % 19% ;•■■ 19% 10 25 Va *25 *24% 163% 700 25 25 25%, 163% 8,800 3% - ' 164 164 ' 40 163% 163% • " 9'A 9% V *51% 52'A 28 Va 28% 28 Ve 33% 28 % 34% 35% 33% 34% *15 "",.29 29% V 17% *111 11 117 17%, 17% A • *111 117 y 17 , 117 ♦111 •111 117 •in: 1,100 35 15% 29% 17% 17% *111 117 34 33% 95 34 *92% 119 119 12% 120% *118% 121% 1 *98% 100 i *31% *27% 100'A 54 51 31% 102 50 50 27% 27 Va 27% 41 41 *17% 41 41% 41 % 18 18 17% *28% 31 *28% 31 *55 56% *55 *28% 31 *55- 57 V; *28 % V; > 500 800 44 1,100 500 17% 17% 31 ' 27% 41% 17% ..,V 27% 120 40 27% 27% 41 : 17% 110 X 31% 31% 31% 27% 41 *17% 120 100 Va 102 51% 31% 31% 31% 14,900 *98% : i 400 21 115% ' ?"*115 102 *101 *51% , - 102 ,*17% 27% 41 52 31% 31% *98% 99% 99 •A 102 101% 52 52 .*48 Va 99; 99 101% 120% 20% 115% 2,600 13,700 12% 21 20% •115% 1,700 - 95 *118% 120% *118 21 9,700 ' 12% 12% 115 20% 115 115 114% V 102% *101 20% 20% 20% 114% 1,300 33% - *92% 95 C 12% 13% 33 33% *92% 95 *92% 13Va - 120% f 20% 114% 33% 33% 33% 34% 95 12% 12%. 12% 1,400 • ' 117 ♦111 ' *93% i 24% "v., 24% ll7 . 4,100 j 15% • ; 117 117 •111 ,*111 28% 29% 17% ' 160 34% 29% 24% ',24% 24% 24% 24% " - , >- 15% -15% *29 Va : 115 *111 ,iv 35% 34 29% 52% 28 Ve X IbVa ■" 15% ' 24 % 24% .,*,24% 28 Ve 52% f . 29% t ■; 9 - 5,000 9%, -.9 51% " 51% , * 15% ■ 29 17% 17% '17% : . 35 15 y 15 *14% vr* 9 Ve 51% 9Ve 28 Ve '.'29% " 51% . 28% - Va Iron Coal & Coke 4% pfd 25 Virginia Ry Co common 25 6% preferred 25 Visking Corp (The) 5 Vulcan Detinnlng Co common 10 7% preferred————20 26 143 19% ■*'■ 36% 54% *58% f 41'A 40 % '142% *39% 100 $4.20 dividend preferred 7 28 Dec 41 29% 27 35% 16% 13 1| 17 40% 143% - 3%% preferred 100 Va-Carolina Chemical com—No par 6% div partic preferred 100 Virginia Elec & Power Co com—10 $5 preferred—-— 100 $4.04 dividend preferred 100 23 30 30 13 14% Jan 7 July 17 17% Nov 6 28 Dec Dec Oct Apr Sep May 65 26 40 19 91 •' 53 Va 59% 58% 59 59 143 T, Victor Chemical Works common—5 183A Jan 3 112% May 24 99 July 17 76% ' 6,800 - 8 37% " 9% 34% July 13 Jan Jun July Jan July 28% Apr 46% 33% x30% 37% 22% 36 7 27% Jan "■ 51% 100% Jan 18 14% Mar 2 126% Mar 2 22% Mar 1 % /. Sharte 18%' *7% »74 76 the Week share 18%, :8 38% 64 %'• 65% 133% 134 V 53% 52 Va 52% 51% 9% 25 Jun Feb Feb May Jan Jun .*88% y 134 *132% 133 100 -* — Power 91 65% % ' 132% 51% 91 Va July 5 10% Jan 3 112% Jun 29 37% 16% ! 33% 20'A /' 27 112 112% 100 xl03% May 26 Utah *7% 37% S per 18% •38. 38% - . •-36%* Sales fee . July 27 * S per share 8 ■*- *74 ... 37%' 36% 62 62% 1 Inc com 76 *89% 91 61 % ■ 100 Co 37% *73% 37% 36% »89%. t.r Vanadium Corp of America—No par Van Norman Co 2.50 Van Raalte Co inc— —10 Vertientes-Canr gUey Sugar Co—6% Vick Chemical Co 2.50 Vicks Shreve & Pacific Ry com—100 " 5% non-cumul preferred 100 29 17 23% 104 Dec 28 22 Mar 23 117% Aug 25 106% Dec 21 * 1 15 13 ,5 10 13 28 July 11 Jan 13% July 115 ■ com.No par preferred & Light Co_ 4% % 9 Tobacco Pictures Universal 10 28% Feb July 12 - CLOSED 1 preferred 8% 170% Jan '■■59% Feb 1 EXCHANGE Corp Laboratories Inc— Leaf Universal 5 12 12% Feb 13 ; 17 21 — 16% July 27 114% Sep 12 Stockyards 38 Friday ... 26* 18 Vt - - 10 Sep 5 Dec 20 Oct 18 May 4 75 *7% 7% . 37% 37%' *73'/a r non-cumulative Universal 26 5% Jan Jun 101% Dec 29 11% Dec 28 96% Mar 22 79 Universal-Cyclops Steel Corp 51 105 10 Jan 98 8 26% Jan 38% 12% Jan 3 X 18% 20% Jan 26 28% 97% Mar 8 103 : *37% + No par common 1 26 24% Feb 23 Co 27% Jun 8% Jun 34% Aug 1# 16VeDec28 1 Tobacco S *7% 8 v" 18% 18 X • 17% 17% -* ? 100 27% Feb 163% July 26 f July t.ver share Sper share ' 17% *7% ■ • 100 1st preferred preferred— United 24 22 4% Jan 27 Dec rr , STOCK ,ylk- 9 06% Jan 61% Jan 5 9 9 . United Stores $4.20 non-c 2d 27 May 23 24% Dec U 17 July 23 22% Jan 20% July 27 . common— non-cum 1% Feb 2% May 15 17 161 Jan 16 7% July 10 Co ■ . series A—a-100 10 preferred Rubber 29 24 8 3 Co Jan 3 % Jan 15 Card 1 10 20 ——-10 Plywood Corp common S 1% 7% Jan 26 89% July 27 22% Nov .— preferred--25 1 pfd—5 $6 convertible preferred—No par United Wall Paper Inc common—2 4% convertible preferred 50 13 9% Jun Thursday ' July 25 July 24 t per share share 17% 22% Jun 3 100 3 2% July 17 common 8 per Par . > 8 Jan 41 42 28 38 6% Oct 28 19 • & Min com—-50 1% preferred—— —, 50, U S Steel Corp common No par 153% Jan 19 20% Mar 20 May 21 5% Jun 27 44% May 19 26 Dec 91% May 12 > Wednesday Tuesday " July 23 21 v U S Smelting Ref 30 47% Jan 29 S 8% S 67 Va Mar 3 37% Jun 141% Jun Playing 3% % U 19 Jan 61 29 22 , 3 5% Jan 9 57% July t U 8 142% Feb 2 S 14 67% May 10 i Mar 28 45 6 42% Dec ' 2 151% Nov 20 25% Jan 139 18 U 5 96% Feb 33% May -1 128% July 29 Jan S 4 % % 42% Feb July 20 ft 3 " preferred U S Pipe & Foundry Co 52% Oct 5 37 % Jan Co 20% Feb 38% Dec 88'/a July Lines 29 Jun 97% Apr 23% July 12 , 7% July IS 17 PRICES SALE HIGH AND 1 J lily " S per thare share LOW Monday Saturday < 3 EXCHANGE Highest * STOCK YORK NEW • i.v > STOCKS Range for Prevloua 31 *28% w 48 Apr 24 12 Jun 26 26% Dec 6 32 Jan 13 53 31 4 Feb 27 6% July 13 8% Jan 9% Dec 28 14 % July 14 20% Nov 24 97 Jan 16 11 Dec 106 8 104 May 17 99 18 38% Feb 6 28 Jun 5 15 % Feb 14 29% Dec 21 .26 Jun 29 28 27% Jun 30 17% Dec 29 Jan 23% May 25 8 12% Jun 11 24 July 13 18 27 8 24% Jan 13 34 83% Feb 28 Jun 27 19 Wayne 28 20% July 25 104% Oct 14 109% Feb 7 104 % Mar 20 107'-; Feb 14 104% Oct 4 109% Mar 24 12% Apr 17 18% Dec 21 78 Dec 27 24 23 - 2 20% Feb 13 2 75 , Mar 14 106% Jun ' l 89% May Feb 111 4 27 •X t per ( per f per share share NEW Range Since Jan. 1 ,,. 11% Jan 15 16 Apr 51% Apr 25 40 Va Jan 10 49 May 11 12% July 5 23% Dec 28 18 Jun 29 41% Dec 22 34 Jun 28 18 29% Feb 3 49 Va Mar 26 2 Jan 3 55 Dec 29 46 Va May 64% Jun 27 89 Oct 24 8 4'A July 24 9 94 Va Jan 24 19% Jan 13 44 Dec 1 32% Jun 28 47 Ve Feb 13 28 24% July 29Va~July 56% Apr 30 28 23 34% Jan 2 22 105% Feb 18 97 Jun 22 22% Feb 16 34% Dec 12 30% July Feb 20 30 Ve Nov 29 112' 36 129 Dec 6 35% Dec 28 3 7 36% Jan 22 Jan 19 42% Feb 13 126 8 33% Jun May 104 Ve Feb 2 Feb 28 125 July 27 41 6 Jun 102% Sep 13 Mar 27 3 94 Oct 19 84% Jun 25 94 26 Va July 15 15% Feb 8 41 Feb 27 29% Jan 26 37% Apr, 10 28% Dec 27 2 81 Jan 25 Va July 4 23 Va Mar 19 White Sewing Machine com— 31% May 2 17 % 2 18% Dec 19 25% Nov 12 35% Nov 22 34% Mar 22 36 ; Jan 23 12% Feb 15 17% May 26 15% Jan 21 Apr 30 3 11% Dec 29 5 70% Dec 5'A Jan 49% May 26 7% July 2 12 Jan 2 66 Va July 30 3 75 Feb 9 Jun 27 16 Oct 24 12 Jun 28 77'A Jan 5 91 Sep 22 76% Jun 28 87% Feb 5 13% Dec 30 12% Jan 25 17 Apr 18 12 . 9% July 11 16% July 13 137 July 18 22% Feb Jun 13 45% Sep Feb 3 >€% July 12 26 69 77 17% Jan 15 51 32% Jan 142 25 10 42% Dec 16 July 18 15 Va Jan 20% Mar 4 140% Jan 129% July 11 9 17% 17 Vt 17% 17 Vt 17% 17% 17% 2,300 .*31% 32 Vt 27 Vt *31% 32% 32 32% 25% 25% 25% 16% 27 Jan 9 89% Apr 21% Dec 13 74 18 12% July >7 13 38 21 86% Jan 20 47% May 15 13 11 17% Jun 14 17 14% May 19 43% May 29 37% Oct 20 31 53% Oct 6 45 Va Jun 3 19% Oct 18 79% Apr 2 17 21% Jan 2 2 14 38% Jan 10 48- Jun 14 30% Jan 38% Feb 26 2 59% Feb 25 2 19% Jan 17 2 Prior Prior 6 i0% Feb 16 July 27 29% 86% 38% 21% . i ;3% Jun 27 •_; *Eid and asked prices; Civxdend. y Ex-rights, 47% Jan 4% July no sales f Ex-stock 71% Feb 1 2 5% Feb 2 on dividend this day. Un (%th share *16'A 16% 16% 16 V4 22% 22 221/2 *21% 22% 500 14 13% 15 14% 143/4 3,700 8 8 8 Va , : ; 20% Vt ' *8 8% 31% 28 107 vi., *102% - 105 *102% *96% 97 28% : 28% ' 31% 86 86 38% 38% 37% 21% 21% 20% X 28% *107% 15% *16 1108 105 *96% 97 97 22,500 8,200 • 108 *102% . 40 8,700 .... 28% 28 Va 28% 108 *102% 105 *96% 28% *107% 108 *102% v. 700 4,100 38% 21% 21% 28% 107% 106% • • 87 31% 39% :;X" 20% 105 97 X . 400 32 *86 Vt 200 . 8V3 . 31% 39 21% 28% 25% *25 87% 31 *86'A V 39% 106% 105 "220 , ,-4— ' 97 16 X *15% V" *82 < 106% 'V 16 .--■ Vi 84 . AND Monday X 84% s; -X; HIGH 13 13% 47% 47% 19% 20% 20% 37% 37% 37 Va EXCHANGE 48% CLOSED *86 88%' "'87 X »106% 15% • *86 108 X 107 .XXX. ' 1 70 ' per Friday July 26 Sales fit the Week share X Sharet $ per share t per share X- 14 14 : 133/4 13% 13% 47% 47 34 x-'V. 47% 47% 47% 21 -! 21% XX;,;.21 21 % 20V« 39% 38% 38% 49% 50 49% 50'A 50'A 51 88% 88 Va 89 38 37% 38% 4,800 21% 38% A *37% y.v 47% 21% ;. 38% 50 July 27 Thursday July 25 . 47% - ; *900 88 107 ; *■: li50Q 13% 39 X 3,500 • 7,200 X 800 ' X 48% » 15% V>- 97 PRICES .; t v 13% ; Wednesday ' 13:;..; 47 Vs STOCK 108 SALE % per share 87 97 y» 16 X/15%- / 86 ' July 24 t per share 85 i: •*106% * 108 Tuesday < July 23 < per thare s. *106% LOW " 16 82% 106% 49 48% 88% *86 •- *86% ' - 4,200 200 89 % *88 ' 37 37 27 27% A 37% *99% 37 Va 37% 37% 27 Va * 27% 37% 27% 37% A: 'A 37 101% : ;!:X34'A; *120 "A 34 126 35 ; 36% 88 35 35% 26% 26% 37% •100 "100% 35 A ; *120 37% 87 27% 37% • 101 *997/a * 34 :> *120 126 37% 37% X 34% X':X 37% 100 r X r 38 38% 86 86 35% 35% 35 % 35% 26% 27% 26% • 27 :86 *85 •: 126 : /. t 126 *120 >10,000 22,600 l y x 300 r,X ,r 900 34% i" 34% y> 393/a : 35% ■. * 3934 86 35% 40 87% 86 35% ,1,400 21 Va 38% 86 v. 37% 8,909 100 ; '' 100 X - 34% 34% *120 126 27% <: 100 39% 28 37% 273A 37% X. 27 Va . 38% "X 27% / 3,100 13,700 1;" 240 X v -1 1 T; ' V 18 18 17% 36 *35% 18 Va 17% X35% 26% 27% • 17 % 17% 173/4 36 36 36 18% 17% 17% *78% 15 'A 20% *131 79 8% 8% 66% 66 % 12 Va 12 Va 12% *78% 79% *78% 15% 79 Ve 15% 20% 18% 18% 3,900 ; *131 Towne -v *163/8 16% 2,300 20% 20% ,'.4,900 131% 131% 47% 471/2 47% 47% 44% 45 44 Va 44% 25% 25 Va 136 Zenith Radio Corp Products Corp— . .25% 25% 78 77 .94 93 *93 94 75 74% 13% 13 Ve : 45.. „ . 13% 439% 45%; 14 - 34Va 47% 47% A 16" 57, —No par -» 25% 77 77 95 *94 96 *94 "96 ' 74% 74% 74% 13% 13'A 14% 14 14 Va ■ / 47% 16 %' -■ 45% 14 n 34% X49 r» ; 46 , , 34% -48% : ; 16% - - *40 * 16% 14% 43% 34 Va 49 X. 17% 45 ' X; 13% f- : '; X 45 h: -14 160 . 14 13% 80 Y 900 3,400 44% • 14 • •41 Va f 43% i f *34% 34% 49% ' 17 * ' - 2,400 7,100 ■ -100 35 48 Va : 48% 'i1- 1,300 13,500 16% 16% 57 1 ' 34% 43 % 17 140 \ 74 ."44 V» .'•? » *41 Va. , ' 14 <■ 48% 74 • 4,300 ... 57: 2,50C - U A. .?<;.58% #. 34 t 16% 4%- 74% V. 17,600 253A . , 1,000 44% *94 94 .46 4734 94 93% 13% t-14% 60 136 43% *47 j 78 X <>41%a41% 34 >.!■-•. *131 . 93 94 74% 45% . .43 136 *77 77'A 93 *131 26% 78 13 Va ■; 300 16% 20% 75 Mfg Co Corp common 4%%> convertible 78% 78'A 79 16% 20% 93 . 8,600 16% 90 % ■ 7,800 ,.700 12% 20% 92% 4 67 i23/8 16% 24% . 83'4 67 y. -20% 90% • 12% *78% , 8% 83i 66'A 12% 100 '2.100 20% 24% No par No par X. 5 8% 66% ■y Y:z 16% » 77%"'' 77% -— X18% 8% 66% 20% 136 y *35% 18% 8% 24% . York. Zonite 18% 66% , 12% No par preferred 4%% series—100 pfd 4%% conv series—-100 —23 1 preferred——50. Young (L A> Spring & Wire_No par Youngstowm Sheet Tube__^No par Youngstown Steel Door -No par & 17% 36 12 67 12 Va *35% 45 Aeronautical Wrigley (Win) Jr (Del) Wyandotte Worsted Co - 17% 8% 8% 67 , 36 47 W) Wright Yale 17% . 70% Apr 14 •6% Apr 22 16% .XX, 13% 87 39 ■;'• • <• 91% Jan 13 X; *16% 31 29% *86 39 21 'A ,;:-vXX; Co Common 98 29% ■ 8 46% 29 82% Apr 24 13% 44% 84% Mar 12 98% Dec 13% 44 Va 28% Jan 3 14 *85% 15,300 28% 25% ' X-.X'1 • 28 Va 27% 27% 25% 22% 46% 75% Jan July 16% 22% 8 1,200 32 32 28% 25% 22% *16'A 8Vt 32 32 28 *25 1 23 *22 Va 43 3i 23% Jun 25 105 Va Feb XX 27% X 28 Vt 46 Sep 79 . 16% . ' 7. —10 10 Worthington Pump & Machinery Dec 29 25 > *25 Co__ (F 15% July 17% preferred——-———-100 6% 10 Iron Jan 18 Vt pfd series A Woodward Dec 17% Co Inc Woolworth 90 11% Jan conv & 5 95% Dec 29 Jan 21,000 No par common—No par $4.25 preferred—————-No par Wilson-Jones Co 10 Wisconsin Elec Power Co com 10 $4.50 Wilson 3 4 9% July 36 July 24% July 47% Oct 13% — 46 % Feb Jan July 26 13% 17% Oil Co 50% May 16 13% —-—5 Willys-Overland Motors common—1 Wiicox 3 Jun 13% ' 29 25 50 3,000 13% *35% preference- Jan 22 6,000 r 17% 102% 13% ——20 Prior 41% Jun 45 74 *70 4 9% 17 VB *101% 17% 102 102 13% : Par Co 9% 9% 17 Va 17% 102 13% X:.XX"' XX Lines Inc.,— 1 Western Auto Supply Co 10 ; ;; Western Maryland Ry com -100 4% non-cum 2nd preferred—100 Western Pacific RR com No par • Preferred series A 100 Western Union Teleg cl A No par Westinghouse Air Brake_j—-10 Westinghouse Electric com -'x2 Va 3.80% preferred series B——100 Weston Electric Instrument—-12.50 Wheeling & Lake Erie Ry— -100 Wheeling Steel Corp com No par $5 conv prior preference—No par White Dental Mfg (The SS)——20 , Motor 17% *101 13% July 21 V'y;AX; 9% 9% 9% 'X 102 Saturday White 33% Jan July *101 Western Air 28 27 July 102 :;iX 18 /:•;. STOCK YORK $ per share share 13% Dec 7% Jun 26 37 Va July 26 18 Co———No par, 4%% pfd 100 . ;X 9% 18 : A; EXCHANGE Highest Lowest Highest Lowest 9% 9% 18 Inc Tobacco STOCKS Year 1950 i 5,600 XX 4.20% i Range for Previoui t 4934 49 13% preferred series B——100 4.10% preferred series C_ 100 West Virginia Coal & Coke——5 West V i Pulp & Paper com—No par 4% % preferred ——.—-100 , 107% Feb Jun 22 15% July 15 49% Electric 112% Jan Nov 49% Power 106% Jifly 23 111 49 Penn 13 July 19 49 Vt 49% Penn 28 28 - XXX 48% X 9% West 27% Dec 27% Dec 44% July 14 48% West 15 114% Jun 107 1,300 29% Feb 26 89% Feb Wayne Webster 36 Va Jan 29 May 14 Mar 14 95 X 800 27% 40% July 13 30 Jan 27 July 18 84 Jan 12''a 273/8 *8 29 Va <27 12% 27% 5 Wesson Oil & Snowdrift com-—2.50 $4 convertible preferred—No par West Indies Sugar Ccrp ——1 West Kentucky Coal Co 4 5 26 15 12'A 27% 1 13 9 Va Feb Dec 18Ve Apr 21 Va July 13 HO,' *12 14 18% Feb 30 Knitting Mills Pump Co 12 27% *101 Co„—5 -5 Motor. Waukesha 5 2 26 Dec ' 57 12 27% X . Washington Gas Light Co—No par 19% Jan 31 9 7% Jan 88% Sep 25 35% Dec 28 Jun 5 Sep 2 -No par 3 Warren 1 13% July 10 17% Mar 16 11% July 13 Foundry & Pipe Petroleum Corp Warren 7 Mar *56 12% 27% ;,XX'A' 5 1 Inc 200 57 57 57 12 Va 27% :12 V 1 100 common Pictures Bros Warner-Hudnut 25% Feb 15% July 21% Jan ' Co preferred Warner 6 18 34% Feb 27 Eaking 5%% 43% Jan 23 24 Va July 24% Jan Ward 12 18% Jun 25 16 % Jun Jun 13% July 11% Mar 28 16% Jan 24 9 21% Feb 23 \ 27% 48% Walgreen Co Walker (Hivam) G & W Walworth Co——————2.50 9 '11% May 4 v 17 l/B July 27 19 Sep 56% Feb 45% May 24 24 Nov " Jun \ No par No par No par System 12'A 27% 10o preferred 4%% RR 4%.. , . . 57^; *57% : :4%, .\ 4% 57Ve .-V » receivership,; or petition has been ^ filed ■ for .company's reorganization, a Deferred delivery, of 4Vaft preferred ($50 par) for" each " share' held). ; " . • ' - 58% ^er <4Va •1- A- 57% ^4% 59% V i v4 % . V r Cash sales, s Special sales, wd - ■ ■'4%' ")4%- ^ 1 .8,100 >.,15,700 .When distributed? x Ex*. Volume. 174 Number 5033 . . The Commercial and, Financial Chronicle . Bond Record New York Stock «» FRIDAY The italic letter* in the column headed WEEKLY ■ "Interest Period" 107 GOVERNMENT 1950 Range Since Jan. 1 Highest 101.30 Sep 1 Nov Lowest l Highest the month case more 109.8 May 9 Saturday 32d of when the tTreasury Treasury Treasury Treasury Treasury 109.9 May 10 Low Low AND HIGH Tuesday July 23 High bonds Low High SALE PRICES Low High 3s 1951-1955 *100.9 100.11 *100.9 100.11 1955-1960 *103.20 105.24 *105.22 105.26 2%s 1956-1959 *106.24 1C6.28 *106.28 107 2%s 1958-1963 *108.6 108.10 *108.8 108.12 1960-1965 *109.16 108.20 *109.16 109,20 : '» Wednesday July 25 July 24 27/as 2%s mature. point. a Monday July 21 EXCHANGE "1 111,10 May BONDS NEW YORK STOCK 101.30 Sep 11 108.4 May 1 1 111.10 May or LOW Range for Previous Tear one Exchange YEARLY • indicate in each Figures after decimal point represent Lowest •* 100.9 102.19 Apr 25 102.19 Apr 102.14 Apr 25 102.14 Apr 100.24 Nov 29 100.25 Oct 25 31 102.23 Feb Low *100.9 100.11 *105.26 1C5.30 *105.24 105.28 107 *106.30 107.2 *106.28 107 *108.10 108.14 *108.12 ICS.16 *108.14 108.i8 *109.18 109.22 *109.20 109.24 *109.20 109.24 97.14 103.2 100.27 Dec 22 100.21 Dec 15 Apr~13 9(5.7 April : July 16 100.21 103.2 Jan STOCK *100.18 100.20 *100.18 100.20 *100.17 100.19 1956-1958 EXCHANGE *102.12 102.16 *102.12 102.16 ♦102.14 102.18 1962-1967 CLOSED 2 Vis —Jun 1964-1969 2Vis Dec 1964-1969 Janli July 16 100.31 July 28 Mar 1 : 100.19 Mar" Dec 5 103.20 Jun 8 97.8 97 — 25-year *97.20 97.24 *97.17 97.21 *97.15 97.19 97.16 ' *97.10 97.14 *97.9 97.13 *97.8 97.12 98.4 v . *97.10 97.14 *97.10 97.14 *97.8 97.12 *97.6 97.10 *97.4 97.3 *97.10 97.14 *97.8 97.12 *97.6 97.10 *97 *97 97.4 Sep 97.4 1967-1972 *99.29 *99.24 99.28 Dec *99.24 99.28 *99.20 99.24 1967-1972 *97.10 1951-1953 *100.15 100.17 *100.15 100.17 ♦100.15 100.17 *100.15 ——.1952-1955 100.17 *100.14 100 16 ♦100.12 100.14 *100.12 100.14 ♦100.12 100.14 *100.12 1UU.14 *100.12 100.14 ♦103.4 103.8 *103.6 103.10 ♦103.8 103.12 *103.10 103.14 *103.10 103.14 *100.24 100.28 *100.24 100.28 *100.26 100.30 ♦100.26 100.30 -100.24 100.28 — 1954-1958 ______1956-1959 Jun 100.1 *99.28 97.14 100 *97.8 - 97.12 *97.6 97.10 or 98.4 *98 98.4 *98 98.4 *97.30 98.2 *97.27 1959-1962 Dec *97.24 97.28 *97.24 97.28 *97.24 97.28 *97.20 97.24 ♦97.19 -1951-1955 *100 100.2 *100 ♦100.4 100.5 ♦100.4 *100.1 » 100.6 100.3 *100.4 100.2 100.6 gale Price ,'x '■ Low *100.1 100.3 *100.4 100.5 ♦100.4 100.6 *100.6 100.8 *100.6 100.8 ; *100.5 100.7 *100.5 1C0.7 •100.5 100.7 100.5 *100.3 100.5 i: *100.3 100.5 *100.3 100.5 *100.4 100.8 101.28 *101.24 104.28 ♦101.26 101.30 *101.26 101.30 *101.26 101.30 *101.24 .—Mar ■■■J'Z. . 1 1976 • ' - • - *. 97.16 101 *99 15 1956 V J ; .. 15 1960 101 *99 *100 100.16 : ; ' .—- ICO. 16 *97.16 "99 *97.16 99 *97.16 99 *97.16 97.16 *96 97.16 *93 97.16 *96 97.16 *95 97 ♦95 97 *95 97 ♦95 97 96 *94 96 *94 96 *94 96 ♦94 96 95 WEEK ENDED *91 JULY *93 95 « 94 *92 94 • 93 *91 93 *92 •'l v ■ „ — '. —. _ ' *93 95 *92 94 *92 *91 93 .*91 *93 95 94 *92" 94 93 -*93 - *91 93 95 - . , '„,-— it 27 Week's Range Friday BONDS Interest Period ' _—. 99 *96 New York Stock Exchange Low —- 101 * *99 97.16 Jan. 1 No. ♦10C 100.16 97 Range Slnea gold 101 *99 *100 99 *93 15 1961 Bonds 101 101 *96 • >-i; 15 1962 100.16 '20,0001 98.8 *97.8 98.8 *100 98.8 *97.8 98.8 *97.8 101 *94 i • • *100 ' *97.8 98.8 ♦100 *95 15 1957 15 1959 98.8 *97.8 101 101 - *100 *99 ♦97.8 98.8 . < *100 100.16 *97.16 98.8 *97.8 * 101' *100 '• ♦97.8 98.8 *100 „ 15 1958 FOR 97.16 *97.8 15 1953 15 1954 High 97.23 100.3, >100.3 ' 15 1955 Bid & Asked 97.31 *100.1 for 3s__ Friday's 97.4 *97 97.4 *98 Week's Range Last *97 1959-1962 RANGE lYgnslt Unification Issue— 3% Corporate Stock 1930— 97.21 97.25 *97.12 2s serials of'50 due Feb "< *97.17 97.17 2s serials of'50 due Feb York City 97.23 *97.13 2s serials of *50 due Feb New *97.19 *97.21 2s serials of '50 due Feb Period 97.26 97.26 2s serials of '50 due Feb Friday 97.31 *97.22 *97.22 2s serials of '50 due Feb Interest *97.27 97.27 2s serials of '50 due Feb BONDS Jifcw York Stock Exchange 98 *97.23 2s serials of'50 due Feb 96.24 Mar 23 *97.28 97.28 2s serials of '50 due Feb 98.24 Mar 23 98.4 *97.24 2s serials of '50 due Feb , 98.28 *98 ♦98 Reconstruction & Development 25-year 3s____; July 15 1972 July 16 101.28 Jan 15 July 5„ 97 July 5 — ]02.14 *98.24 99.2 1966-1971 International Bank 102.6 100.19 *102.10 98.30 98.4 Treasury 2s— 1952-1.953 Treasury 2s .—Jun 1952-1954 Treasury 2s— Dec 1952-1954 Treasury 2s__i__ 1953-1955 1 *100.17 102.16 *98 - s^—Iioio.19 100.19 *98.26 ♦98.30 , 100.29 Aug 11 ♦100.17 *102.12 99.2 99.3 1967-1972 Jun Treasury 2746— Treasury 2 Vis__„ Treasury 2ViS-'__ Treasury 2 Vis Treasury 2s 9 100.10 *100.8 *98.30 *98.31 1965-1970 Treasury 2 Vis Treasury 2 Vis Treasury 2Vis Treasury 2 Vis .; Treasury 2Vis____ Treasury 2 Vis Treasury 2 VtSJ. "! 102.18 Feb ,103.9 Apr"l8 1952-1954 2Vis______ Treasury 11111! 2Vis ^__1963-1968 Bonds(I) 105.28 106.28 2 Vis 2Vis,— gales fa* the Week July 27 High Low High 100.11 * 105.24 Treasury Treasury Treasury Treasury' 9 __ 97.17 24 Apr II _ Sep~i£ 100.29 100.4' = _ 25 July 16 Friday Thursday July 26 High Treasury 98.20 2S (381) Last • Sale Price or Bonds Friday's Low Range Sino« Jan. 1 Sold Bid & Asked High Low No. High High " 3%s —June-Dec 110 hi u'o'JJ 111 12 _ 93 105§3 No. 9 ._June-Dec series No. 10 ._June-Dec 3%s.series 120% series 3%s No. 11 L 3%s u /„ series No. scries No. 13 3%s series No. 73 80 767a 85 *77 7a 73 777a 73 78 727a 7774 747a ,_June-Dec 12 3%s — '%$• —June-Dec 14 *74 __June-Dec ,— 1 ♦81 747a *76 78 73 7a 787a 3%s series No. 15 ._June-Dec *72 78 7274 78 3%s series No. 16 —June-Dec *72 78 72% .78 3%s series —June-Dec ♦72 76 17____ ._June-Dec series No. 18_______. —June-Dec *72, 76 V- series No.,19———__ ,_june-Dec ♦75 78 3%s Foreign Securities No. 3%s 3%s series No. 20— —June-Dec ♦76 — *72 78 ... 737a ' 78 75 3%s series No. 21 ._June-Dec ♦80% — 76 3%s series No. 22 -June-Dec *76 7a — 727a 3%s V Telephone REctor Members New York Stock Exchange 2-2300 120 9 Broadway, New York 23— series 24 No. -June-Dec 3%s 1-1693 'fei! series No. series No. Foreign- Government and Municipal Agricultural Mortgage Bank (Colombia)— iAGuaianteefi sinking fund 6s 1947—"Feb-Aug A Guaranteed sinking fund 6s 1948 April-Oct Akershus (Kingdom of Norway) 4s 1968 Mar-Sep lAAntioquia (Dept) collateral 7s A 1945 Jan-J«Iy \ . IA External sinking IA External [;i fund 7s B ser sinking fund 7s C ser A External sec,sink » AExternal sec 30-yeaf 3s s fd 7s 2nd ser 7$ 3rd ser 1973 (City) external 5s 1958 Australia: tComrnpn wealth) 5s 1955 ;■ 10-year 3%s 1955 ,1 10-year 3V4s 1957 „• , 20-year 20-year 3%s 1S67___'____ 1966______'_i„__ 15-year, 33/»s .1962 —June-Dec ; Feb-Aug 'Belgium (Kingdom of) 6s 1955: External sinking fund 7s 1955— ____Jan-July 11** ~ — ... ■&y\i 587a ;,.y. 10174 . Z 58 58%' : 38 537a 30 - CD 00 J? 102 99Vs 1017a 9074 "9374 :.?■■■ 37 897a 927a 7 9174 90 90 89 % 90 877.. 87%;;,::, - 14 - 27 v 106 "... 87 77 y. —June-Dec 847a 89 ,102 105 108 87 63% 83 86 57 (U S of) reduced AExternal s to external s to f reduced 1926 to 3.375%) 6%S of Stamped pursuant (Central 1941 A June-Dec 3.375%) Ry) 1952_ Stamped pursuant to 87 87 __June Dec 62 62% April ■Oct ►84 A 1979 r A 103 37 10 101 96% 977a 9774 9774 *61% 39 51 101% 8 9574 1017a 60% 60% 26 37 ya 40% — 397a *517a — ♦377» — 37 74 ♦517a A6s assented AExternal A6s sinking assented Extl sink 1962_ fund fund 1963 3774 3774 1963—— ; dollar bds 2 7aS-3s 1993 35% 37% 52% 35% 38 91 51 3774 3774 35% 37% — 51 527a 37 74 35% 37% — 51 52 •377» — 357a 37% — 61 51 39 35% — 50 51 35% 37% 35 37% •517a *37 74 -May-Nov -May-Nov •517a _June-Dec 51V 50 50 ♦517a _April-Oof 6s 41 104% 95% *517a ARy external sinking fund 6s Jan 1961 _Jan-July ; A6s assented Jan 1961 -Jun-July AExternaL sinking fund 6s Sept 1961_ _Mar-Sept r , A6s assented Sept 1961_ Mar-Sept AExternal sinking fund 6s 1962— _Apiil-Oct — April ■Oct 61 VB 61* 61% 22 *84 87 — 61 61 —June- Dec *84 — 1957___April ■Oct —_ A (interest to 10 : — 62% 12 61VV. «l'/4 3%s series No. 1 June Dec 3%.s series No. 2Z June Dec June Dec 79 7a --£■—+——June Dec 78% series No. 3 3%s series No. 4 3%s series No. 3%s series No*. 3%'s series No. 5__—________June-Dec 4 67% FOREIGN ♦37 74 3774 36% — , 57 3774 37% 14 767a -*~t—;— page 29. SECURITIES 83% J One Dec , 1 72 __ r arl marks & 73'' 5 787a ' „ , CO. inc. FOREIGN SECURITIES SPECIALISTS . 50 Broad - St., New York 4, N. Y. 817a Telephone HAnover 2-0050 79 727a 80 Teletype, NY 1-971 787a 75 75 *77% V* 73 6 78'/a 78'/a .. : 2 78 Va 77 —June Dec i 83/2 *76'/a" 79 % 79'/a "" t«. see Institutions FIRM TRADING MARKETS 6374 82 . 8ZZZZT—T— ;— For footnotes 82% _ 7 Financial For B)— 1 * 41 39 1017a 101% 977a (interest 1979 Plan 20 April ■Oct due Plan V (interest 3.5%) 1978 June -Dec 0% funding- bends of 1931 due 1951 Stamped pursuant to Plan A (interest reduced tc 3.3757c) 1979—___ April ■Oct External dollar bonds of 1944 (Plan -11 101% 3774 65 (interest due 1957 Plan 1927 to to reduced 8s Plan 1978—^ f 6%s of reduced AExternal to 3.57c) Stamped pursuant 3%s 102 99 88% 59% 1961—1 1961— 637a 827a 41 99 ♦51% Feb 75 y. 74 2 22 86 57 6s Feb 78 99% 99% 100 ,—Feb-Aug _Feb-Aug assented 647a 8174 fund 99% 78 83% 59% *72 99% 78 » 114 __ / - ' 10 'wwMr'. : -Afar-Sept —Feb-Aug : 927a 1 114 ' 9274 8774 ...s 74 78 73 -'lAChile (Republic) external s f 7s 1942__ _May-No» ,7 .§ A7s assented 1942 _May -Nov '.'AExternal sinking fund 6s I960-, _April-Oct 'Afls ^assented 1960___1I____——— -April-Oct A6s 78 75% 78 78 1974 sinking 77 y* *72 Mar-Sept 25-year 2%s 1975 Mar-Sept ACarlsbad * (City) 8s 1954 _J«n-Juiy Cauca Vai"(Dept of) 30-yr 3ssf$bds 1978_Jan-July v/ AExternal 72% ♦72 > 41 100 234 90 Vi 113% 547a* 547a 55 197 9374,. r .4.87:-.;, ,■ 57%. ' , 101 ".^89% / l , 41 100% ! 90%. June-Dec vr- I—1'' 93%, : 57% 57% 5474 39 101 «v ; 7474 777* •76 (Dept of) 30-yr 3s sf $ bonds 1978-Jan-July (Dominion of) 37is 1961— Jan-July 25-year "2%s 747* '"1 Stamped pursuant A7s Canada • 59', yy 55 y. ■K1 58 ; 58% 41 93 54 74 t 547a ' lABrazil •> 5 __ *56 June-Dec SVas Z . 58 June-Dec, ' A--/, 89 59 *56 Jan-July Feb-Aug ; 95 ' .*56 Jun-JDec __ Caldas . '80%. 81%" 81 8i%: Z'Z'--- *56; Jan-July - r 7(? * 1957-April-bct bonds Antwerp > ♦77 *9374 :£ 59" ; 1957_April-Ocf fd sink f'$ V »* ... v. , lAExternal sinking fund 7s ser D External sinking fund 7s 1st ser 1957_April-Oct j V ' ! •77 1945-_Jan-July 1945._Jan-JtiZp 1945__Jan-/uZj) A ' ..iw i' . V 727a —June-Dec ,Brtebane ((City) sinking fund 5s 195781nking fund gold 5s 1958 76 72 *75 ..June-Dec , 817a 757a -June-Dec — — Vk 777a ♦72 ♦767* -June-Dec 28 series- No. 29 3%s 757a -June-Dec -June-Dec 3%s series No. 25 3%s series*No. 26 3%s series No.u27—_—— Teletype"***' NY series No. 3%s Wertheim & Co. 787a 727a 73 I 797a : t ^ ■*'. ; ... '' J? •. - WW 26 v*(tW#««WVllt»tltWTlWiW NW OW yw » The Commercial and Financial Chronicle (382) Monday, July 30, 1951 ... NEW YORK BOND RECORD RANGE Interest BONDS Period Exchange New York Stock Last Bank 6V2s Mortgage assented A6>/2s Sale Price ^Guaranteed ^Guaranteed A 6s April-Oct A 6s A6s 5s Ry) 1926 of Oct 25-year 55 *38 51% 37% 35% external _ — - 51 ACosta Rica (Republic of) 7s 1951-: (Republic of) 4%s external 1977 Cundinamarca (Dept of)— 7% 88 57 91 56 56 56 *52 56 56 A 8s external reduced A7s 74 28 66 77 67'/a 19 60% 73 36% 37 18 30% 111% to A6s 113 to . 1 16 39% 38% 39% reduced Serbs lADenmark 20-year external 6s External gold 5%s 1955 1942_ Jan-June Feb-Aup External D 4s extl s doilar f s 3s f s AEstonia bonds > Jan bonds dollar (Republic of) Jan to 80% 12 75% 95 13 70% 83% 80 80 98 60% Consolidated A7s 1st A6%s Greek mtge 1st & Elec series 1 55 »/2 ..Jan-July Feb-Aug 58 1950 mtge gen * 13 46 947/a *87 Ve Jan-July 89% 44% 93 11% 1964— 1 Muy-Nov part paid 1968. Feb-Aug Helsingfors (City) external 6!/2s I960— April-Oct 25 11 10 % —, (Republic) 3% to Jan 1977— 1, 1 7% 12 6% 11 Al'/a * 197 41% 39 due 1977 series Italian Public 2% to L v , 1, due , AExternai, 7s (Kingdom of) 7s 1951. Japanese (Imperial Govt)— ' A6'/2s extl A5y2s extl ^Jugoslavia loan of loan '24 : Mtge Bank) 7s (Colombia) 6V2s 1954 AMedellin 30-year 3s f s bonds $ 41 89'/2 small ASmall Mexico (1942 1968 of A due 1899 59 67 96% 99 45 56 87 90'/2 34 46% 94% 10% 55 12% 56% 38% 40 14 11 39 Ys AGs "104% . (1922 1922 AAs t 9 15 %■ 15%- 13 to : duo * ; 13% 15% 14% 15 -15 15 of 1913 • -> 36• Jan-July 1963..Jan-July 17 '/a 17- — / Stamped pursuant to Plan 2.125%) sinking to 14 ' - 17 va 4 15% A 3%s =35% Mar-Sept 1959__Mar-Sept • 2008 Jan-July 96% *6 *6 87 6% ■ '• June-Dec 11% 7 f.//'85% 43% — f debs s __ 92% *101%'--L' I debentures 3s 90 95% 96 29 90% 91% 92% 93 ' 108% 110% 314 95% 96% 97% mortgage 1147/a 116% 96% -1969___i;;'_Lil——.'L—.i-.April-Ocf J 100% - * 96%' 97% 117t '118% lo6y4 •* 100% 100 101 .. 40 ' ~ 109 y4 unified 4%s A 1964— ..June-Dec " 49 Baltimore 38 34% 92 •First 36% 93 99% 99% 99% 99% 3 95% 99 99 5 95% Mar-Sept Jan-July — 90% *97% 99 *93 '/a 95 99% 95 — 99% 1 96 Ohio " 22 mortgage. A series * " -- ANat loan ■APoiand extl f s 65 (Republic of) A 5% series B (4%' if' 111% 118v* ^ 43 *••'."• 98% 103 >' ■'.*88 L 97% 104 Va - 981 v 628' ";" A4'/2s 98% Series G 93% Series K due March 1 M due 1 — - 2000L Series 1996 assented 76% 50 37% AExternai 10 32 99 Mar-Sept !> 52% 48 50 Mar-Sept Mar-Sept *33 33% 37% 37% 37% 38 9 31% 38 37% 37% 38% 12 31% 38% 37% 37% 37V4 96 87/ 90 • 8s 1961 stamped April-Oct (interest 7%s ' 1966 reduced to (interest reduced Stamped to Plan 2.25%) (City of) to reduced to 6'/2s do 2%) Sul external —- / 36 due Dec 1995.—' 1 March 116% 56 Jan-July 2001 Jan-July of A ~7% 7% *8 3 — 7% — 2 12 31% «... 5% 8 7% 7% 5 8 8 9% 13 6% 7% 7% 7% 10 5% *39% 5 38% „ to Jan-July April-Oct A 1 2.5%) 1999. • see 101,104 V 103% 103 105 r „ 5-100%! 103 109 103 ."14 104 , *100 __ 100 101% , ^ 106% 96% 101'A 79% 100% 88% 103% 96% 96% 86% 85% 88 62 93% 93% 94 Vt 18 70 69 71 y8 40 67 82% 70V2 70 69 70% 47 66%- 82% 69% 70% 44 66% 82% ; Jun?-Dec ^.Mar-Sept ^.Mar-Sept <> 1995—w 1 85% 85% 86 83 -L; 94 59% 58 59 % 427 55% 717/a 85% 84% 85% 38 78% 98% 79% 4/ 78% 79% 21 76% 71 Bangor & ' , Bell 7% 887/a division— 40 , ref M series 4s 34% 35 64 64 165 C Boston & Maine 5s AC First mortgage mortgage: 4%s series JJ mortgage 41 49% 36 64 42 47 5s 1960 series II 1S67 • 112 y8 95% 110 116% 95% 95 99 - 104 y2 98 -- - 101 y4 99 y4 ' -- — 1017/a 957/a 14 , __ 93% 18 95"% 96% 96% 96% *99% 100 y8 *98% ,•-.• 96 ^.Mar-Sepf May-Noo — -.April-Oct __ 1955 1861 Bristol-Myers Co Gas mortgage 4s debentures 2%s 1969—Mar-Sept 1976a.——k—/Jan-July 87 81 55Va 98% — 90% 21 81 22 52% 71% 99% iooy2 ■ — *94% 93 82 104% 104% / 94 104 V* 58 *100 __ 102% — 85 *— 81 57% 82 87 *82Vb *103% — 4s series RR 1960 Jan-July 4%s series A July 1970__May-Ncy 3s debentures 1968 ^.April-Oct AInc mortgage General 82 , RR— mortgage, series Union 91 2 9 83 *__ First 60% 83 112 55% 33% __ Apr.l-Oct Brooklyn Feb-Aug Jan-July 76 21 •79 . 37% (interest 77 Loan 2%s debs 1961_May-Nov Corp— . L Consol mortgage 2%s series I 1970 Jan-July Consol mortgage 2%s series J 1976——May-Nou Consol mortgage 3s series K 1979 —Jan-July Borden (The) Co 2%s debs 1981 Mar-Sept Steel 37% 40% 79 Industrial 46% *38 1985_Jan-July .L-4 conv 1976 of Pa 5s series First April-Oct D RR— 4%'s Telephone Beneficial 10 and Aroostook mtge Bethlehem 7% 77/a 1st lien — 104 2 95 y4 . 105'/a 90% 101% 13 92% 101% 15 * 73% -- 1st 1946 April-Ocf (interest _April-Ocf *45% 47 49% mortgage 3s 1980__^__L 1 .^Jan-July Niagara Elec first mtge 2%s 1975_May-Nov Buffalo Rochester & Pittsburgh Ry— Stamped modified 4V2s 1957 May-Nov Bush Terminal Co first 4s 1952 :: —.April-Oct Buffalo Consolidated *35 36 34% 37% Bush Terminal 5s 1955__k._ Buildings 5s gtd — 1960 — 95% 95^; __ 76% 78% , 85% ' — 98 y2 *9912 ..Jan-July __ *97 April-Oct 104 104 104 •97% 98 103 3 page 29. 129% "J June-Dec First 12 (interest sinking fund gold 1958 June-Dec Stamped pursuant to Plan A (Interest reduced to 2%) 2012__ June-Dec For footnotes Dec 36% 37% • ;■•'•' - div first mortgage 5 % ser A (3%% fixed & 1% %. conting int) 1980_Jan-July 37% ■mm-, of)— A6s external due J 54% *36% Feb-Aug Stamped pursuant to Plan A reduced 2006 1946— 1953 1921 : ; - A4%s convertible income Feb 1 2010 May Pittsburgh Lake Erie & West Virginia— Refunding 4s series A 1980— May-Nou First 2001— Plan 96 110%- 121% and general mortgage 6% (2%% fixecb and 3%% contingent interest)— Toledo-Cincinnati A 2012 (State loan 8s Plan 2.375%) secured Stamped pursuant to Grande 1950—Jan-July — 2.375%) pursuant to reduced AExternai SA8s __ stamped pursuant to Plan A JARio de Janeiro Bio 8s to 74 *5% April-Oct pursuant 1 91, /, S'western 1961—April-Oct 1908— A4y2s assented 1963 Forto Alegre (City of)— ; > 97 -11 87 !"92% ' 98 ; 1940. gold : Series 79 94% I960—June-Dec series gold 6s sinking fund r 82% 74% 97% 1958 April-Oci IAStabilization loan sink fund 7s 1947—April-Oct . 75% 74 assented A4y2s w fixed contingent interest) 100% (interest series 2nd ?i». 100% 92% B July*' 1975—-.April-Oct 1% fixed and 3% . ..April-Oct to 2.125%) 2008— (Republic of) external 7s 1953 1st "P- i 126 RR— 4s contingent interest) July 1975_Apri"l-Oct L: Refunding and.general mortgage 5% (2% 99 % 99% & mortgage and 100 % 99 *96 __-.Mar-Sept —-May-Noy reduced 6s ^ 107% 112% - __ 1 36% 49 > loan (30-yr) 1958 sinking fund 4%s 1955 lAPernambuco (State of) 7s 1947 f L 101%. .-{" 98 *85 __ 'LL • .'100% . fi>. „ -- ' 99 y» r.102- 10 ' 96% 87 93% '..63 115% 116 ' 99% 100% 91 172 103% 104% 104V2 y* ' 104%;llO% 5 - 4s • 24 116 1962..April-Oct \ \ -^ •. •v 94% 1963__iLLL_Mar-SeptL, 118% debenture 95'/2 • 97% r 99% 93 95 91% » 98% • 95 ' 99% 89 11 , 20 '■ 110% - 85% 97 48 __ ..April-Oct 1987_i_.___L_^____^i-i_Jwne-Dec 81 98%' -97% <■- • 95 ...Jan-July 104% 103 92%r. 92 1964_<_May-JVo« 196lr_L—... June-Dec 11 . "90% ' extl s 105% % 102 102 *104% 105% *77V2 797/a *97 100% — — June-Dec 4%s-4s ser A 1980 Atlantic Refining 2%s debentures 1966 "35% (City) extl 91% 99% 14 <v. Ref Oriental Development Co Ltd— A6s extl loan (30-yr) 1953 loan 97 y2 11% 85% __ --.... • Gen mortgage —May-Nou 1957 (Kingdom of) 4%s 1956 ;_Mar-Sept sinking fund 4»/4s 19651 —April-Oct cinking fund external loan 1963——Feb-Aug 3y2s sinking fund external 1957 April-Oct Muuicipal Bank extl sink fund 5s 1970—June-Dec ANo.t 89; . Feb-Aug 1982L^_._ Tobacco Co -General 35 38 — — 4s APeru 101% 91 30 90 -- 95% 78l/4 97y» 100% 101% *89 L •90 98Ve April-Ocf tL 119 - * 119? 119% Stamped 4s July/1 a995"—LL1LL——May-Nov V *1107/a 113" L &.Charlotte, Air Line Ry— t.'„ ;L->^L ■ -L i First.vmortgage 1.3.%s^.l963_l__L,a._L 1: May-No® ' " ' *101% - 1. 4. Atlantic Coast-.fipst tconsol 4s July 1952—Mar-Sept 100}j{ r 100{g 101 »V l Mar-Sept of)- 3%s Stamped pursuant to Plan if 92 Va L98 % 116 98') V *95 — 101% > . 1961— Corp 3%s. convertible First Norway A5y2s —f .. iVi" Feb-Aug convertible, debentures 1959..L.L—June-Dec debentures 1971ii_—Li_LJL_tL^L._Feb-Aug debentures 1st (interest ■,i.' External Oslo r- — 97 * *94'/8 . 2%s convertible debentures 1957lLLii—.June-Dec 3%s debentures • 1973_.f—L.L.— June-Dec 2%s 60 L — /Atlanta 17 49 ■Km** T-L92// 49 . deductions-1975LfcC-L—_i—i__Li_Xpri:-Oct 3%s t-'"::V, — v; 90%.": ■ ;General.,4s. 1995lLL.iL—_LL_1__ 17* 47 18 43%, /947/a *149?r. '."jz y. }.' " 16% 17% 56 'k59L . 14% —• 71 y4 56-v (interest A 2008— 2.125%) (Kingdom 11% ■'■■LL 68 1958—Mar-Sept fund 6V2s Stamped pursuant to Plan reduced 310 i 35 A-/ 92 y,-. *151 — "f1: *135%! vl-'i , Corp—... (reg only) I960—LLJune-Dec Ann Arbor first gold 4s July 1995.L—.Quar-Jftn 5 A PW Products'Co 5s ,1966.—L__—_Aprii-Oct Atchison Topeka* & Santa Fe— •- — —« 11% / v sinking fund 6y2s to — • — > ex'l z';-** ■kmA 14% 14 —L—April-Oci 1952 (State)— reduced v."-'•£** •' 50 n,€ ^ Anglo-Lautaro' Nitrate' __ (1942 agree't) 6y2s of) extl Netherlands 14% i___ ASmall (City Mlnas Geraes ' J}:'?*-. .—I——'. AMllan ASecured 'Zl.' 80 88 90 __ mortgage 3%s 1972—Jan-July Susquehanna RR 4%s 1975 April-Ocf debentures (.-•3s *8% 7 L,- 14% 14 1963—Jan-July ■ — assented new ASecured _L :• 88 , first 2%s • t: (assented to 1922 1933 ASmall A6s - . '26 37 42 ... 1986-L___—___ t i Jan-July (1942 agree't) • _ loan'of Power American 1%- ~3Ve'* L.k-L agreement) , 88% ■ May-Nov May-Nov 1979 debentures •>i June-Dec l ASmall [ . 1979—.'. (Dept of) debentures yf. L/L . 1954—'.: 1945 ;1 ^Treasury 6s 1937)— 2%s convertible m 15%' 15J/a 15yi- —. ASmall , - . 13 23 .. '.y-- —Mar-Sept:';- external 7s 1958_l.iL 2%S . ; ., • • ; June-Dec .i. 2%s debentures d — (assented assented 56 1 ; M , 6% 91 87% 4 86:. 60 v- 65 i-5656 4; 6iya Mar-Sept / •. L 74 . 84% „ . - 1963-Jan-July 71% — on... coupon ' 5 4 — 88 * 11 8% .6% .. Jan-July 1966. afifeem't^ 1945—Quar-J«» _J— agreement) new w . lgSfl-.^Mar-Sept Quar-Jan new assented (1942 agree't; 1968..Jan-Juip " 1910 (asesnted to 1922 agree- A4s 88 American- & Foreign Power deb 5s 2030—Mar-Sept • > 98% American Telephone & Telegraph Co— V - v ■ 2%s debentures 1980_r.^_ 9 7% 8% 8% |A4s of ment) 6% April-Ocf 1945jj^___ 13% 89 44 89 12 89 *8 - ; . American Bosch — (1942 agree't) „ L; A4s of 1904 , — 1942 (City of)— Albany & 2%s _ r , " 1 13% Jan-July 1961. (dollar bond of (City) extl Alabama • ) 9% 9% : / Vr > RAILROAD AND INDUSTRIAL COMPANIES Alabama Great Southern 3%s 1967—_L—May-Noi — *— 101 L.2 I,/• ASmall 5 15 American-Airlines,.3s'debentures «y ____ 1945 assented 11V2 11%: assented..'1958_L—L___—___'__i_Feb-Aug Yokohama —" new liy2 10% 11% __ Alleghany & Western lit gtd 4s 1998—__April-Ocf 1968—Jan-July • * ,ALarge ASmall 67 >' _^ii_Feb-A«g Large A5s 57% June-Dec 1957 conversion A4%s 1943_May-Nou agreem't) A Large J 63!/2 Allis-Chalmers Mfg 2s debentures ASmall |A5s assented 76 63'/2 —June-Dec 1958— -readjustment AWarsaw (Republic, of)— |A5s 72 Ltd— Co '27 1 See Cauca Valley 41 ■ — 63 79 __ 1978__June-Dec 48'/a 38% 1943__ ANew assented 68% *— 1978 Mexican A4%s 58 75 4-4y4.-4%s- .external ireadjustment 3%s external readjustment 1984 29 310 v *53 Jan -July Irrigation— : •, ' ' '• |A4y2s assented (192? agreement) 86 68'% 80 *— __ 73 3%-4%-4As external conversion 16' *107/a June-Dec 1978— 77- 56% 40 67 66 98% Feb-Aug May-Nov 1957—April-Oct 1965 (State 70- 58. 58 57% 55 June-Dec" 1954. '30 of Power Valle Del.Cauca 38% 41 Jan-July Altaly *— June-Dec External v L. 70 ' — 58 54 Jan-July 1952 58'/a , (Republic): external 8s 3%-4-4y8s , 1977 / 55 *— 28% 106 40 38 V* 40 Mar-Sept Utility Institute— 1952, thereafter Jan 5% 1947— 7s External ..Jan-July — B 59 *65% __ 1946r__.Feb-A«g AExternal sinking fund 6s 1960 May-Nov AExternai sinking fund 6s 1964—. May-Nov 41% .29% Italian Credit Consortium for Public Works 2% to Jan l, 1952, thereafter 3% 5 A 7s external March IA Uruguay 76% 71% 95 *75 Jan-July —— {■'. 62 72 v: :;v ;vv'v. f. 1952^-— s 1st mtge s f A7s thereafter 1952, 1 Electric AWith — 2% f s due 58 70 *57 May-Nov May-Nov A5s sterling loan of '12 1952___ ' External L. *60 — Tokyo Electric Light-Co Ltd ; ••.*'. A6s-ist -mtge $ sen 1953-; UJigawa Electric Flower Co; Ltd— , Italian (Kingdom) 1958_.„ A5%s extl loan Of 94 31 12 97/a part paid A6s *61 April-Oct 1962— A5%s (40-yr) s f 1971 Tokyo (City of)—'"" 63% Government— A 7s 75 Jan-July Jan-July " 1944 58% (interest 1968 Sydney County Council 3»/2s 54% 10 ♦88 1st mtge Taiwan 48 *10 external (Prov of) Power— A 39% 46% Mar-Sept 1956 2004 series B secured external 1962 A4J/2s assented 80 77 4 60% *52 '/a Jan-July 1967 7s 16 78 y2 , Great 38% 75 Jan-July 2012— Croats & Slovenes A6%s 98 94% 77 y4 Jan-July 1976 2%) ASilesia 96'/a : 1976——Jan-July 1 1 51 42 ; 1976 1 f dollar bonds Jan 39 — *60 . Bhinyetsu Electric Power Co Ltd— 94 % 97% 94% ——April-Oct 1962— (Republic of)— 3V2s extl extl 4!/2s gold Salvador to 52 *47 April-Ocf extended 2.25%) external dollar loan 40% 37% • 1960— 6%) » 1999— loan water reduced A7s to 2.5%) Stamped pursuant to Plan A . reduced (interest 55 41 Stamped pursuant to Plan A (interest Jan-July ' 53% 38% *38V4 __ Jan-July Jan-July 1950— external 40% *111% 112 y2 55 40 V' — May-Noy Stamped pursuant to Plan A (interest 66% 72 % < High 1936 50% 56 *52 67 y8 Low /. June-Dec to 2%) 2012 (State of)— stahlped pursuant to Plan A (interest reduced to 2.5% ) 1999 8s 46% 49% 48 % Jan, 1 No. Ban Paulo 92 88 , — A8s secured (State)— assented 1966 due 1926 reduced to 2.375%) 2001 —May-Nou A6y2s extl secured sinking fund 1957—May-Nov Stamped pursuant to Plan A (interest 37% 4% *52 49% May-JVoo June-Dec 30-year 3s sinking fund $ bonds 1978 Stamped of (City of) 6%s 1952 April-Oct ASao Paulo (City) 8s 1952— May-Nov Stamped pursuant to Plan A (interest v. 35% 90 '/8 90'/a *90 June-Dec May-Nov 1953 Cuba Chechoslovakia loan 1967 stamped pursuant to Plan A (interest reduced to 2.25%). 2004 7s 37 50 — *51 y2 May-Wot) Stamped pursuant to Plan A (interest reduced to 2.25%) 2004 June-Dec A7s Range Sine* Sold High — ARome — *51 y2 April-Oct .Jan-July 1952 5s 4'/2s 50 (State of)—(Cont) reduced 1961 (City) gold 37% 35% *37 y4 3s ext sinking fund dollar bonds 1970—April-Oct lAColombia Mortgage Bank 6'/as 1947 April-Oct SASinking fund 7s of 1926 due 1946 May-Nou §ASinking fund 7s of 1927 due 1947 Feb-Aug Copenhagen 51% • i 1961 Jan 1927 - - June-Dec 1951 (Republic of)— of *37 y» *51 y2 Mar-Sept 1960 7s 1960 (Hukuang Colombia *37 y. - — Mar-Sept Municipal 37 50 Rio Grande do Sul 55 1962 1962 Consol AChinese *51 y2 Low 51% 37% Bonds Friday's or Bid St Asked High 51 - May-Nov sinking fund 6s assented A7s *37 »/4 Mag-Nov 1961 1961 assented AChilean *37 y« *51 y2 Week's Range Last Sale Price Period New York Stock Exchange 36 June-Dec sinking fund 6s assented A6s Low NO. Interest BONDS Jan. 1 — June-Dec June-Dec April-Oct fund 27 Ranffe Si nee Sold High Low *51 y2 June-Dec 1957 1957 6%s 1961 A4%s assented 1961 ASinking JULY Friday Bonds Friday'* or Bid & Asked ■ NChile FOR WEEK ENDED Week's Banff* Friday w"*,;, - 102 101/ 105 Volume 174 Number 5033 . The Commercial and Financial Chronicle . . (383) 2? NEW YORK BOND RECORD RANGE FOR WEEK ENDED JULY Friday BONDS Interest New York Stock Exchange Period or Sale Price Friday's Electric Power first 3s 1976- -June-Dec Low 96 . —'•' 99 .. conv debenture debs series Carolina A — 97% • 2 ■ ft i i First '106 109%' 100ft ioi ya ' (perpetual) _ Clinchfield & Ohio 4s —Jan-Julp 101 Va ,::101'/2 102 'f First mortgage guaranteed 4s 1981 Oelanese Corp 3s debentures 1965 Celotex Corp 3 %s debentures 93 -Mar-Sept 1965 Carthage & Adirondack Ry— 105 1995™ AGen mortgage 4 Vis series L 2020 AGen 4'.is series B Jan 1 2020 Central RR Co of N J— General mortgage 3Vis Jan Central New York Power 3s 1974 Central Pacific Ry Co— * First and refund 3Vis series A 1974 4 100 r • 106% j •''' 104 i 65 103% 102 y4 102 V* •' 99 104 r 20 ' 71% 47 ■ 85%- 50 '/a 87 47% 358 46% 59%* 22 55'/a , 98. .. Xt 101% 101% 96 101% ~ 102 100 4"Vis 1992 Afar-Sept 119 Refund and impt M 3 y2s series D 1996—May-Nou Refund and impt M 3 Vis series E 1996 Feb-Aup Refund and impt M 37/8s series H 1973—June-Dec R & A div first consol gold 4s 1989 Jan-July Second consolidated gold 4s 1989 Jan-July ' 117% 133 4s — 1958 1977—Feb-Aug 1985—Feb-Aug 1970—Feb-Aup mtge 4>/2s Jan mortgage 4s mortgage Chicago Indiana inc series 4 Vis inc & V 5 *109% *105% *97 A ser & . 112%- 104 15 ' Dow 97 15 93 : / 74 71% 80 80 1988 & 1st mortgage Income 98% 102% 95 101 83% 83% 3 69 % — *68 82% 79% 88 Afap-Nov ! 78% 79% 5 77 Afap-Nov Afap-Nov 87 87 1 82 1985_ 76% 76% *— II . 4s 97 98% 97 77% 14 101% 96 29 77 103% 90% 74% , • Jan-July 97 1995 96% 95% 93 % 101% 98 105% 3 92% 90% 101% 101% 238 107% 116% 19 12 95% *95 109% 96% 108% 109% June-Dec *76 June-Dec *74 Afap-Nov 1980 78 73 *92 % 74% 103 105% 93% 93% 94% 95 97 100 % 93 30 95% 94% 4 96% 97 80 76 103% 103% Feb-Aup April-Oct 2%s 1979— 97 101% 101% 1976-Afar-Sept 1961 ^-May-Non debentures 105 V* 94% — 98% 77% 88% 77 V* 75% 101 — *95 __ April 1 101% *97 -- Jan-July 2018 first lien gold 2%s 99 68 , 1 Lake— 2.35s mortgage 102% 94% Feb-Aup 100 102 % 102% 107% 109% 104; 101'• ; ■ 101 101 120 90 y8 ;. 90'/a 11% 1983 April 65 130% "5 ' 85 Jan 2003 April 55 61 *96 ;. 11 : 55 .• 70% y 53% 98 101 >97;;, Pacific RR— 97% 98% 20 97 4 75% 74 '76% 39 71 65 62 65% 188 61 62% 61% 62% 207 —Jan-July *85 88 Jan-July *96 : , >.>" ' « .-MrH. •; " 76 104% stamped 1965 Railroad Co— * 23/4-4'/4s " 1994 _ Jan-July _ 86V4 99% 83 X 112% 105% — 112% ... 71% 71% 73 30 ' 82% 70% *100 1990 .:_Jcin-July First consol mtge 3'/8s series G 2000—Jan-July First Consol mortgage 2s series H 1953—Afar-Sept Firestone Tire & Rubber 3s debs 1961 ^Florida East Coast first 4»/2s 1959 AFirst 101% 11 75 , *108% 104% 105 99 % *84 84% *82% 85 100 96% 85% 96% 81% 100 *— 104 % 104% 100 104% * 94Va .100 96 • 75 3'/8s series F mtge 142 99 74y* 60 , *99 ■ consol 139 109% 109% General mtge inc 4'/2s ser A Jan 2015 April First consol mortgage 3'As series E 1964_April-Oct First : 74 \ Oi leans— ■77 y 140 *99% April-Oct ; _ 140 J 97% refunding mtge 23/4-4y4s 1994_Jan-July *107% 140 Ohio Division first mortgage 3'As 1971—Mar-Sept 87 y4 • 5s Erie 98 •60% r & Georgia div first 5s 1956 May-Not) (N Y) first cons gold 5s 1995_Jan-Julp Elgin Joliet & Eastern Ry 3'As 1970 Afar-Sept El Paso & Southwestern first 5s 1965 —April-Oct Edison El 111 - 100y» y 777/a 66 Jan-July 95% 78 Jan 1956 98 ! 79 '• ^ . 70% v ,y 16 ? 100% Afap-Nov of 100% 101 % June-Dec *100% refunding 5s series A 1974—Mar-Sepf deposit 73% 103% 100 74% *73 Mar-Sept 99% 15 „ 73 138 102% 71% 82 81 % — 81% 89 73 '10 and ACertificates :: and Chemical "3 20 98% • A 107% ft 125 190 ,/ 78 April 1980 New 74 -80 90% Jan-July 2038 A 4s *— Memphis .Division 1st gold 4s 1951-. June-Dec Chicago Terre Haute & Southeastern Ry— First •" 100 " May Duquesne Light Co 2%s 1977 111%* •> 105% >• 100 101% 98% 5 97% Afap-NoV • ASecond gold 4s 1995 : Detroit Terminal & Tunnel 4yas 1961 Detroit Tol 81 Ironton RR 2%s ser B ' 117 r' 29 95%V«t April First mortgage 3s series B 1989 * Chicago Rock Island & Pacific RR— Louis ; - 99 95 mortgage 4s series A 1994 Jan-July General mortgage 4%s inc ser A Jan 2019—April 4'/is conv increased series B Jan 1 2044 April Chicago & North Western Hp— Second mortgage conv inc 4Vis Jan 1 1999—April mtge 27/es 107'/a - 110 *93% 101 First 1st 105%* 103 interest) Detroit & Mack 104% 96% 109% 105% 106% Afap-Nov y 1 A ser Southern Chicago Milwaukee St Paul Chicago St > 96% . — 105% 106 Afap-Nov Chicago Indianapolis & Louisville Ry— A 2nd Hiffk 92% 100 100 East Tenn Va mortgage inc conv 5s 1997 First mortgage 3% series B 1985— A 1st 70 •* Low RR— Chicago & Erie 1st gold 5s 1982 Chicago Gt West first 4s series A inc 66 Feb-Aug General AGeneral 99% qq 3/„ Afar-Sept FW. A .1 i ; 103% 103% *109% 118 y4 , .... Jan. 1 No. 106 100 — First mortgage and coll trdst 2%s 1979—Jan-Julp 1st mtge & coll trust 2%s 1980 Mar-Sept 1st and refundine 4'As series B First and refunding mortgage 3Vis First and refunding mortgage 27/Bs 1st & ref mtge 3s 1990 Chicago & Eastern 111 .'••> qq Chicago Burlington & Quincy RR— General 119 99 y4 103% Range SlaM Sold 97'/a *— — June-Dec General and refund 2%s series I 1982—May-Sepf Gen & ref mtge, 2%s sen J 1985— Afar-Sept 3s convertible debentures 1958 June-Dec ' 103: 119 * ser t-Income mortgage (3% fixed 1% contingent interest) 1993 Detroit Edison 3s series H 1970 104% i'— .» Pennsylvania Division— 1st mtge & coll tr 5s contingent . General Bonds June-Dec AIncome mortgage due 1993 _! Morris & Essex division 1 <■ Collateral trust 4-6s May 1 2042 Denver & Salt 104%, *98% 103 1965 B Denver & Rio Grande Western RR— First mortgage series A (3% fixed 1% contingent interest) 1993 AIncome mortgage series A (4'%% 85% 68% 42 99% 47% '103 102 69 54% 101% High *96% 100 1st mtge & coll tr 4y2s ser B 1985 Delaware Powef & Light 3s 1973——— April-Oct First mortgage and coll trust 3y8s 1977_June-Dec 74< 99 —100 73% .75 ►68 ya 55 Feb-Aup Feb-Aug —Jan-July First mortgage 3%s series B 1968 Champion Paper & Fibre deb 3s 1965 Chesapeake & Ohio Ry— • • ' 91 99% 74% Jan-July April-Oct s — '1 99% ' 1987— 103%. ' ft-"ft. May A 72 *97% Jan-July May mortgage 105% *__ debentures (1947 issue) 1960 IA Central Branch U P first gold 4s 1948 —June-Dec Central of Georgia Ry— First mortgage series A 100 3 '100% 101% —Feb-Aup —Feb-Aup '3%s 94 *62 -April-Oct 1960 39 v w —June-Dec Range Friday's Bid & Asked — —June-Dec New York Lackawanna & Western Div First and refund M 5s series C 1973 ■ j _Mar-Sept : — 1978 Deere & Co 2%s debentures 1965 April-Oct Delaware & Hudson 4s extended 1963 Afap-Nov Delaware Lackawanna & Western RR Co— - 109% '1057/a „ mortgage 3s series A Dayton Union Ry 3y4s series HlVa 107% • 8 . — Dayton Power & Lt first mtge 2%s 1975—April-Oct First mortgage 3s 1978Jan-July 104% 101'/a 110* 25- 106 , stock 1960 or Sale Price Low 95 ' 106 ♦loo Week's Last Period High 95 • '4-\ 15 106'/a 106% -Afar-Sept Interest New York Stock Exchange ( a%> " - 107% 107% ...106% BONDS Jan. 1 - ' Friday Range Sinoe < No. 104 y8 104 »/a Feb-Aug Capital Airlines, Xnc— 4s Sold High *96 y2 —Jan-July —June-Dec Guaranteed gold 4Vis 1956 Guaranteed gold 4%s 1951 Canadian Pacific Ry— Bonds D *95 California Oregon Power 3Vis 1974—____ ._May-Nou Canada Southern consol gtd. 5s A 1962 -April-Oct Canadian National Ry— Guaranteed gold 4%s 1957 Guaranteed gold 43/4s, 1955 ' Bid & Asked Low California 27 Week's Range Last 85 Chicago Union Station— First • mortgage 3 %s series F (First mortgage 27/8s series 1963 G 101 4s Jan-July 1952—Jan-Julp 100% 101% 100 Jan-Julp 1963 Chicago & Western Indiana conv First and refunding 4%s series 100 •; D 103 1962_Mar-Sepf Cincinnati Gas & Elec 1st mtge 23/4s 1975-April-Oct First mortgage 2%s 1978 Jan-July 96% 5 7 >. 1 103 101% 102 106 /f: 93% *100 102 C mortgage gtd 3%3 series E 1969 First mortgage 2%s series G 1974 I T Financial CoTp 2%S 1959— L City' Ice & Oo 36 Fuel s 1977—'debentures 1966 City Investing Co 4s debentures ft Feb-Aug Feb-Aup General gold 5s series 4s 1961 Cleveland Short Line Colorado & 96% ; 1 series E 97 *83% y--. yy 1977—Jan-July 1982_^ Jan-July 66% -li '•!: 87 84% . f 82% : 71 101% 98% l 4 97' 101 Ye 89% v 106% 98% 100 V4 105% 98% 102% 97 104% 5., — 97% 88% 4 ; fund 33/4s A refund mtge 2%s 98 7 k: *97 97'% 9?y 102% 101% 101% 100% 107 y4 refund mtge 25/8s refund A mtge 2%s refunding 3s series D First and refund 1st & 1st & 3s ref ref mtge M Feb-Aug B ser C ser 3y4s ser ser F 1981 G May -Nov 1979-_Jan-July Feb-Aug 1981— convertible debentures ref 2Vis M 27/8s ser mtge s f conv Consolidated U 23/4s 105% 3s 3s debentures First 3%s trust 1968 Utilities 2%s mortgage 2%s 90%- 90 v:, r 94% „ 122% 89 , 101% 90% 25 76% 94% ; 128% 108 i;> 93 76% ' •" ys-vv- 90% -*83 !■' 76%- 103% 114 4 90% - 101 ft 22 110 90 -v „ ; - „ 102 101% '* 81% ,75 ' 5' »70 - 96 85% 93 96 72% y , 19 • 100' y 66% 19% n * 80 19 8 ' 102 100 i 80 y 64% 6 102 102 *95% 101 92% ; *98 • 30% 105 % 88% 102 76% 102 Va 96% ■*"*.: l ■ 100 — June-Dec i First mortgage 2%s 1980 78 % 100 5 66% ' 101% ••' 100 66 *„ Jan-July 1979 102 *78% April mtge 1976—..Afap-Nov ————April-Oct i -—i-Jan-July 1969 114 109 - 1st 1978 14 114 v.2 94% 102% 102% June-Dec H Hackensack Water first mtge 2%s 1976—Afar-Sept Hocking Valley Ry first 4%s 1999 ——Jaii-JuZp Household Finance Corp 2%s 1970—.—--Jan-Julp 5S ser A *— 94 120 121 96% "2 i' 120 96%:. 1962-June-Dec 100% 94 92% 104% 100 102% & Manhattan first 5s A 1957-——Feb-Aug ,66% 66% 67% 1957—_—April-Oct 35% 33% 36 Illinois Bell Telephone 2%s series A 1981- .Jan-July First mortgage 3s series B 1978-— June-Dec 96% 96 99% 101% 96% 'AAdjusted income Feb 5s 129 101% 25 100% 101 40 65 76 144 33 54% 6 94 99% 102% Hudson 100 97% 104 ya 1981ft X 1986 99% 2'As 1968 receipts 8 A 7%s series A deposit receipts 5 A 6s series B deposit receipts Fo.' footnotes see page 29. 99% 93% 4 12 91% 101 >/a .91% 99% -93% y 22 99% 124% 102 yy 98 105% 98% • 105% -93 102% 103% ■* 123% 124% 317 30 Consol mortgage 4%s-3%s ser A 1979— May-No» Consol mortgage 5%s-3%s series B 1979 -May-Noo« Consol mortgage 3%s series C 1974 _May -Nov Collateral 105% 105% J, lines 102% 103% Collateral trust .119'/4 126 V* Refunding, 5s : r:X'X-2 >%105% 107 *98% 10O Mar-Sept 98% 98% 103% —Jan-July 102 43 93% 104 yB 98% 103 49% 2 96% 49% 33 V4 12 — ,32% 88 116% , 103% 97% 49% .. r95 29 102% 98%.. 99 32% y 103% 108% •— 103 *98% 25 June-Dec 95% *96 88 June-Dec 104 y4 .*97% 103% 1946 97% *95% 4 98% 110% 110'/4 Afap-Nov 1946-v 97 99% . 88 4 31% - 88 % 25% 25% 32 32 *31% y* : 17 2 '25% ; 32 ..33 ; 99% 58 42% ,90 - 32 -41 41% 4s 1952 .April-Oct _ 3"%s 1952—— ■Mix y 98 gold 4s 1966 99 U ' — _May-Nop —Feb-Aug 9981 106 gold ,4s 3 108% 100% 105% 99 Bi 102% 102 ■ • y 7 ,T,' 105% 100% 101% 104% 100 10 106 39 98% 108 102% 102 „ ■ 1951—_w— —Feb-Aug " 11 997/e ■ ■ II i.——.—_ —Feb-Aup — - — 'j. X ,106 99 *99% first v- 100% 100% Western Lines 9931 106 106 108% 9m — 100% 99% 101 102 105% ' 102% *100% *99% Registered 1 „ 100 102 _May-Not) 1953.:——a— ^May-No» 101 «— Jan-Julp 1955— 4%s 101 *104 Louisville Div & Term gold 3%s 1953— ._Jan-Ju!p Omaiia Division first gold 3s 1951_i— 2-Feb-Aug *97% April-Oct gold 1955 Purchased — Jan-Julv trust Refunding 4s 99% Debenture Jan-Julp y___. •5 *99% 103% June-Dec receipts ; . . 96% 99% 99% J an-July Crucible 8teel Co of Am 1st mtge 3y8s 1966 Afap-Nov §ACuba Northern Ry first 5%s 1942— June-Dec ACuba RR first 5s gold 1952 5 A Deposit 31 94% : 96% Afap-Nov Gas 95% *93'/4 105% *101% 1Q3: Illinois Central RR^ 95% April-Oct Jan-July debs 1962— Natural 103% 103% 95% June-Dec 3V4s debentures 1976-—„— J: ! Consumers Power first mtge 2% 1975 Continental Baking 3s debentures 1965 S A Deposit 106% 97 *100% 104% April-Oct 1963 ser 103% Afap-Nov Co of Bait Citymortgage 4'/2s 1954_i_ Consolidated Gas El Lt & Power (Bait) 1st ref M 27/8s ser T 1976 ref 97% 99 21 99 *„ 1972—June-Dec 1972 mtge 3s series E 3s 1982-Afar-Sept 1977_ApriZ-Oct General 1st 15 -J: t':- 98% Feb inc 5s series A July. 2015 mortgage i03,V-;101A 101ft 96% 101% :; 1975—Jan-Julp 102% 95 101%; *qg 99 April-Oct Consolidated Gas •1st lOi; June-Dec 1961 ser First V Fist 95'% Nitrate sink First and ; Collater&l Gulf States 95 99% 101% 101% y *96% Feb-Aug .April-Oct Feb General mtge 15 yy,2y:: Debenture certificates B Gulf Mobile & Ohio RR— ■. ' First and refunding 4s series B 95% *99% ■ First and refunding 3%s series D 1969—April-Oct General mtge inc 4s series B Jan 2044 April 22 ; "■ 90 .*101'/8 April-Oct First and and series Hudson Coal first sink funa Consolidated Cigar Corp 3%s 1965 Consolidated Edison of New York— and 2%s 79% 95% , Afap-Nov Compania Saiitrera—See First 2%s series 73 62 60% "84% 6 6 101% 101% 98% 98% 97 / 100 " 84% 101%' 101% • „-June-Dec 1999 Jan-July Jan-July Jan-Julp N 1990 Jan-July O 2000 Jan-July P 1982.—Jan-July Q 2010——Jan-July R 1961—Jan-July i AGreen Bay & West debentures ctfs A 95 93 - 66%" 67% 61% 62% 62% ' —Mar-Sepf first gtd 4y2s 1961—April-Oct fund debentures debentures 1999 3%s series .General mortgage 98 98 *95 .4./:. — 1976-w— General mortgage 94 1991-Jan-July 1990—May-Non 1985_, sinking River Pwr 1973 100% 1 i~t. - First mortgage 3s series L 1977 First mortgage 3s series N 1978 Anglo-Lautaro C 94 L 137 Coininonwealtn Edison Co— Conn series General mortgage ft." debentures series B 1975 Feb-Aup Columbus & South Ohio Elec 3y4s 1970—-May-Sept Columbus & Toledo first external 4s 1955—Feb-Aup f 5s A 3s s General.5%s series B 3952— General mortgage 3%s series General mortgage 2%s series 102 y V • debentures 1969—_—Mar-Sepf Co first mtge 2%s 1965—Afap-Nov Great Northern Ry Co— ;: y ' 100% 94 Vi 100 >?:■ *95 First mortgages and coll trust 4s 1964—April-Oct Columbia Gas System Inc— ^ ' 3s debenutres series A 1975June-Dec 2%s income (B F) General 110 101% • -J i Southern Ry—■: 4'/2s (stamped modified) 1980 Colorado Fuel & Iron Corp— ' 3s Realty & Utilities Corp— conv Goodrich y'55% ysey 96%"' June-Dec Illuminating 3s 1970 mortgage 3s mortgage 23/4s 1st : X' -597% *93 June-Dec Refunding and impt 4%s First 96% June-Dec 1993———; Cincinnati Wab & Mich Div 1st 4s St Louis Division first coll trust 4s Cleveland Electric 102% 102 ■ ,97% -97% - June-Dec 1993 B *96 /an-July Cleveland Cincinnati Chic & St Louis Ry— General 103 V 103 ?r. *r..V April-Oct f debs 23/4s General ,General; 4%s series D First .ft Cities Service v A4s . 100 X:a~- - *97% 103 ' 58 Cincinnati Union Terminal— ■ 105% 100 8 ' 100 % 101A 102% 100 ft 100ft 10013 — 10033 10013 10031 Illinois Central and Chicago St L & N O— Joint first refund 5s series A 1963——_June-Dec First and refunding 4%s Series C 1963_ _June-Dec 105% 42 104% 110% 101% 102 % 6 100 106 First refund mortgage 4s series D 1963- _june-Dec 99% 100% 8 99 102 95 % 7 95 Illinois Terminal Ry 4s series A Indianapolis Union Ry Co— 1970^— _Jan-July 105 95% Refunding and imp 2%s series C 1980. .June-Dec 95 99% *87 ^International Great Northern RR— AFirst 6s series AAdjustments AFirst 5s A 1952 6s series series B 93% -Jan-Julp A July 1956-2 1952—. _April-Oct Jan-Julp AFirst gold 5s series C 1950 Inter Rys Central America 1st 5s B —Jan-Julp 1972. _Afap-Nov 50 .49 95% 14 50 27 48% 2 88% 99 88% 3 88% 99 97 1 97 88% 88% 88% 97 93% 105% 57 100 ' (384) The Commercial and Financial Chronicle . . Monday, July 30, 1951 . NEW YORK BOND RECORD RANGE Friday BONDS Interest Period , r\ New York Stock Exchange FOR WEEK ENDED JULY Last or Sale Price Friday Bends Friday's Bid A Asked low Range Slnsf Sold NO. High BONDS Jan. 1 Low New York Stock 1st 4s 1959—June-Dec Central Power & Light 2%s Jersey 1976—Mar-Sept & Clear 82'A 81 Va 9474 94 3A 93% 943A A First 1st Mich & 1st City Power mortgage mortgage mtge 2%s 274 mortgage —April-Oct 1976— Plain 4s ser A 3%s series B 104 104% 103 n 85% 9774 4%s *98% ''I- — — N Y 105 V2 102 % 107 107 —— *100% 97% ._April-Ocf April-Ocf 108 *„ ■ 1003/8 1959—. _Mar-Sept a —— 100 1 42% tmmm 170 New — —r — 166 • — 50 174 134 1% -Y * 166% 99 • N Y 174 • 3%s registered 1997 87% First & ref 5s stamped 1954— & ref 5s stamped 1964 & ref 5s 52% Feb-Aug First •"•/ 86 *102% >80 > 9674 1 93% 5 > *100 ■ •• 82 mortgage series 3s 82 6 81% First 80 > 80 1 8074 81 Scries G E Series 2003. 66% F 72 70 5s mortgage extended 5s to 1979 3s (Pi Co 3s debentures debentures Louisville Gar & Eleo 1st • > Y H) & Co Central 4.74s series A Y 52% § AFirst 56% -v 74 - N 70 1 58 47 84 85 ; /;> 14 %,s 63 % 3!4s debentures 83% Lans First gold & Y 101% -102% 101% 101% O 1 3'/as 8974 ' 103'A 11 80 99 18 •98 25 102% 96% 4s 107% 102% » 93 » 93 Minn St First Paul & Saulte St 98 ' ' —~ 3s 98 *83 Missouri-Kansas-Texas Prior lien 40-year 4s Pior lien ACum 5s series series 4%s AFirst 4s June-Dec B Jan-July 1962 D RR ser -- — A Jan 1967 A April-Oct 1965 Feb-Aug Afar-Sept 5'/2s series A 1949„Afay-Nov gold 5s ser H 1980—April-Oct AFirst and refunding 5s series I 1981—Feb-Aug Mohawk & Malone first gtd 4s 1991 Mar-Sept Monongahela Ry 3%s series B 1966 Morrell Morris and refund & & Essex Co 3s first debentures gtd 3'/2s 3%o debentures 9774 Western Central June-Dec 1978—i._ 4s lien First National 3s *10174 10274 __ __ *9274 100 100 » 104 ■ — 104% >71% 72 —- Natl Distillers National Products II—I— 3'4s debs 1974™ Corp first mtge 3s 1965 Supply 274s debentures 1967— States RR England first Tel gold & Tel 4s 1954 " 99% guaranteed 4»/2s series B debentures 1982 3s ;___ Jersey Power & Light 3s 1974 New Orleans 1983____.II New Orleans Great & Nor 5s Northeastern Refunding & impt 4'/2s •New Orleans Term first INew Orleans Texas AFirst A 5s A & series B Certificates of A 4s 66 Mexico 1954 91% Pacific 92% deposit ; 5574 69 First & 85% 99 First & 97 102% First & 91% 87 97% First & 89 97 First & & 89 79% 81% 2 105'/, 106 106 First 109% First & 101% 7974 43 92% 16 97% 10574 105 % 106% 106 105% 106 % 61% 58% 61% 104 107 89 see page 29. 100 71% . 84% 77 -m — 82% ,r* 77 89 81% 6874 68 % 69 242 67 5574 54 55 % 241 50% 101% 101% . 3 •! -191 68% 103 8% 134 3% 374 20 9574 9574 10 92 101% 63 6674 6 62 76% 103% 103% 8% 10 7% - •-.- 63 7y8 13 374 774 ♦88 102% 105% 339 inc 99% 96 First & 101% 99 107% ■ 5 99 105 % ,>■:/ 5 V> — 94% 95 102 , 97% 102% ■ 130 110% 135% "5 11974 120 ' 118 106 100 114% 1 97 96 108% 63 76 12 60% 70% 74 87% 99 97 6974 717/s 67 ' >■" 67% 92 3 4 9374 94% 10034 101% 6 100% 101 104 105 30 25 103% 106 71% 117 104% r. __ 132 117 117 104% 93 105% 93 39 105 % 99% 7 103% 10474 106% 9574 >■'• • '''•VV ■ 2 101 92 18 96% __ 1017/a 102% 1977—April-Oct 94% 102 95% 101% 97% 96 96 Feb-Auy 2%s 93 100 *92 Feb-Aug 1979 104% 9974 Mar-Sepf June-Dec 1974 100 Mar-Sepf 94% 100% 92% 100% 102% 104 *93% —Feb-Aug 1979 94% 102% *— May-Nov 19"(5 100 94% April-Oct 94 Ju?ie-Dec 1980 May-Nov A & 1960__April-Ocf 101% 31 10174 102 9974 104 Electric Co— refunding refunding refunding refunding refunding refunding refunding refunding refunding refunding refunding 3%s series I 1966 June-Dec 3s series J 1970 June-Dec 9974 3 series K 1971 June-Dec 100% 100% 100% 30 3s series L 1974 June-Dec 100% 99% 100 % 25 9574 June-Dec 99% 9974 99 34 14 9574 105 Va 93 74 99 74 5 97 105 Va 92% 101% 3s series M 3s 3s series N 1S79 1977 274s series P 1931 June-Dec June-Dec 3%s debentures debentures 1983 1983 74% 5 58% 76 99% 99% 4 95 96 96% 12 93 101% 9874 5674 68% 99% *99% June-Dec Mar-Sept 4s trust Pennsylvania Glass Sand 3%s 105 First Power mortgage & Light 96 103% __ 1 21 102% 10274 10074 25 10074 100% * 20 '•*__ s- ctfs 1952 1960 103 % 90% 100% *93 103% •96% . 105% 100 107% ■98 74 1 05 100% *100% Jan-July 18 __ — _ :ioi 103% . 8614 , May-Nov *100 0 86% 81% 93 100% 102 101% 102% '.'•••. 101 " June-Dec -- Co— 1975 3s 104% 97% • series E 105% 97% __ 95 102% Mar-Sepf A3%s convertible inc debs Sept 1 I960—April-Oct Guaranteed 9974 94 100% 101 % June-Dec 105% 99% 9774 101 105 1 94 % April-Oct April-Oct 104% 9774 9 ;> *98 94% 106% 98 __ 96% 101 101 Pennsylvania Co—7 99 97 90 101 June-Dec 1985 Pennsylvania-Central Airlines— 100% - 1976 1986 Pacific Western Oil 3%s debentures 1964 Paducah & Illinois 1st s f gold 4%s 1955 103 95% 96% June-Dec 1978 3VbS 61 debentures 9974 June-Dec 3s series S >102 *102% k- June-Dec 2%s series Q 1980 3%s series R 1982 'First & 2%s series T Pacific Tel & Tel 2%s debentures 110% 104% 102% 93% 38% 92% >-v10 — 128 Jan-July 1987 99 % 1 3s 2%s debentures 57% *92 *93 v April-Ocf 1975 3 Vbs 5 94% Mar-Scpf mortgage 3s 274s 111% 99% 58% first 104 % 151 68 ~5 96%.,,, 10074 100% Quar-Feb 1984 2%s 102% 78 Telephone— 69% 105% • 28 75 >/ .103 103 t 81 21 ; Quar-Feb 1979 110% 31 65 3s 111 106 % <r 274s 5774 106% V - 2014_April-Ocf 1978 104 106 96% Jan-July : - • 70 31% s,> Co— 104% 10574 *70 59 > 5vV • - - 1 > >■ . 23 : 2047 mortgage Bell :;v 6767 V 36 36 23 ;'-• 23 > --Jan-July 1978—Feb-Aug 1975 35 106% -' 1 1 243 _April-Ocf 99% 98% 99% 28 94 104% Pennsylvania RR— *91 99 • • 101% 2 .4 '100% 101 Va 101'A 102 19 4 April-Ocf *99 103% 103'A *85 100 100 100% -Jan-July -Jan-July General 108 74; 113% 12 Peoria > 100 ;; 107% t. 85 _4 100% 100% 100% 100% 100% 2 100% 100% 100% .-97 5 I 85 / B 1965 I , ' . ",r— 100' 12 i 10274 100%'"'>03 v' 1 *100% 101% 100 ; v i Feb-Aug June-Dec 1968 109 >99. .1 99% June-Dec — 109 107% ' 99% 130 102% 103% 98% 1021/4 21 114% 10974 114 ' 4%s series D & Eastern A Income- 4s first April 1981 —April-Oct series E 1984—aJan-July series F 1985 4s external 1990 -Jon-July 92 74 92% — General 5s gold series 4%s B 1974— series 9274 10774 ,.92% 107% 92 74 - 92% 81%' 81 74 % 72% *73 % > 38 48 81 92% . :-'81 1960 -.April-Oct LI--—-J—-—April 93 % - — 38 - 9874 - 41% 19 9874 4 94% "34 96 84 48 > 104% ._Feb-Aug C .1977—— Philadelphia Electric Co— .1 First & refunding 274s 1971 .' • First & refunding 274s 1967—+-—J First & refunding 274s 1974— First & refunding 274s 1981_-__>._i_; ..First & refunding 2%s 1973.: 112% 112% 112% 123 Jan-July 10774 10774 10774 114J/8 • - •> 1 0374 L\105 9974 series General * T10474 ; 13 5s 4%s.;1960 Pere .Marquette Ry 3%s series D 1980—„Mar-Sept Philadelphia Baltimore & Wash RR Co— - 987/8 ;i05V 99 fund General mortgage 4%s General mortgage 3%s • 104% , 98 / -.98% t ^100 / 102 95 .Mar-Sept -Jan-July ">104% .99 * 99% _Jan-July 105% sinking General 4%s series A General •'",9974 102% *99% 100'A —Feb-Aug V1 ■ I;: *99% 101% 109%' 98 y2 101 100 v- 109% 99" kk ;953A; 102% -90 -96%- 96% 100% 100% 101% 101% 100% ... For footnotes 1 Power mortgage Gas 11 26 June-Dec .April-Oct -99% — 76 101% 85 58% Ry— ,. — 97 *74 5s 1974___Mar-Sepf 1 A 1974 Mar-Sepf ,1 ser . _ 103 80 Y 1952 1953. 10174 105% 99% 97% RR— series gtd 1003s* 10074 * Quar-Jan 4%s mortgage 99% 79% 106 .1111111— Mar-Sept New 97% 9935 —— — Quar-Jan Jan First mortgage 106 89 .Afay-Nov 3s debentures 1974 New Jersey Bell Telephone 3 (4s 1988~ New Jersey Junction RR gtd first 4s 1986 100% 8774 4 //,./: Oregon-Washington RR 3s series 10374 15 First 108% 101 U 89 _Afay-NoV 1961— 69% 104 "94 —— 9974 * — — * 1997 mortgage ;'88% Co- First 91 *102 Feb-Aug May-Nov 1980 Co— mortgage 3s Edison 58% .June-Dec April-Oct April-Oct 95 97 I ... = Ry first gold 4s 1996__April-Ocf debentures 88 88 June-Dec Steel Naugatuck New 1976 5 ■ 94 Jan-July Jan-July April-Ocf mortgage 2%s 1980 Oklahoma Gas & Electric 274s 100 101% *8574 -Feb-Aug June-Dec 58 91 . 1997 3s Consolidated 1986 2 * . 1992__Mar-Sept 1st 101% 101% ' Ohio First 100 9 «... 10174 _ 101% 89% 10174 10174 __ 106% 100 101 95 274s Louis— B 1970 debentures National St series 5874 103% 100 -- — April-Oct Dairy Products 274s debs 1970 debentures 3«4s 3s 12 > 10274 N Chattanooga & mortgage 6074 96 74 _May-Nov 1943 general & ref trust Pennsylvania Nashville 72 5 5874 — 58% 6074 60% Feb-Aug convertible & Northwestern 100% 100 „ *96% 101% 1958—May-Nov 2000 Construction mortgage 5s series A 1955—May-JVou Construction mtge 4'/2s series B 1955 May-Nou Mountain 8tates Tel & Tel 2%s 1986 May-Nov , *96% 9674 100 "V>, — First 57 49 2 9774 ■ — Feb-Aug (John) 69% 5774' » 1980 2%s First mortgage (Wisconsin first 83% First & series refunding 5s series F 1977___Mar-Sept refunding 5s series G 1978—May-Nov and Arirst *95 Co— refunding 5s SAConvertible gold 54 74* 5474 9774 —— Jan-July Jan-July 1978..— 73% 5774 Jan-July registered 2047 First & 1962 ^general 4s 1975— AFirst and AFirst 10074 5474 Jan-July 1990 A 2007 ser 5s 1940 first gold 5s mtge 5s lien First 100 96 79 ■ rnppm "RR— series Pacific and 96% 97 Marie- first A adjustment 5s ^Missouri 84 97% *96 mortgage 4-'2s inc series A Jan 1971—May mortgage 4s inc ser A Jan 1991—May Kansas & Texas 88 58 Refunding & improve 4%s ser A 2047__Jan-July Refunding & improve 5s series C 2047 Jan-July Refunding & improve 5s series D 2047 Jan-July 102% 96 *9674 AGeneral Missouri 68 61% RR— gold registered General 105% ' 95 *96 June-Dec Michigan Cons Gas first mtge 3'As 1969—Mar-Sept First mortgage 274s 1969 Mar-Sept First mortgage 374s 1969 Mar-Sept 374s sinking fund debentures 1967 Jan-July 15 A Midland of N J first ext 5s 1940 April-Oct Minnesota Mining & Mtg 2%s 1967 April-Oct 3 15 - (Minnesota) first mortgage 274s 1974 First mortgage 274s 1975 1972___May-Nov 1979 71% 607/b 58% May-Nov Chester— refunding 4%s Northern Pacific Ry— '9974 89% 28 & General 80 —— _May-Nov C 70% 61 June-Dec Southern Ry Northern 98% — 9174 10374 10374 Mar-Sepf series Porth mortgage Norfolk 61 98 i. P-mm April-Ocf Refunding & j-.upt 4%s 94% Jan-July 1973- refunding 5s 1937 gold 4%s 1937 AGeneral 103 80 • May-Nov 1952 72% May-Nov- Hartford mortgage 274s Norfolk 103 y4 99 25 99 — April-Oct April-Oct 1951 s 10 Jan-July A Telephone 274s series D 1982 Prior 1988 Sag 3 74 2043 General U -90 121"' 100 61 101 % Central— Jack 7474 :——May-Nov Refunding mortgage 3VeS series E Refunding mortgage 3s series F 1981 Niagara Mohawk Power Corp— ' 11374 • 100% *101% 102% First mortgage & con 4s series B 1934—June-Dec Manati Sugar 4s sinking fund Feb 1 1957—May-Nov Manila RR (Southern Lines) 4s 1959 May-Nov May Dept Stores 2%s debentures 1972 Jan-July Mead Corp first mortgage 3s 1966 June-Dec Metropolitan Edison first mtge 27/8s 1974—May -Nov First mortgage 274 s 1980 Feb-Aug Michigan Bell Telephone Co— Michigan 7374 *N Y Susquehanna & Western RR— SATerminai 8 April-Oct I960 87% 7474 Feb-Aug 1955 4s 76% 60 * mtge 274s 1979—May-Aou 274s debentures RR 68% Light first mtge 274s 1975__M«r-Sept & Putnam first consol gtd 4s 1993 April-Ocf State Electric & Gas 274s 1977 Jan-July Steam Corp first 3%s 1963 Jan-July Northern (R 62 115 Power & N Y M Macy 136 7474 mtge conv inc 4%s series A 2022—May Collateral Maine 6674 April-Oct April-Oct 2043 refunding mtge 4s § AGeneral 55% June-Dec 1955 1986 1973 River & 11Y* -76 > •» 84 -- • *11374 120 1980———Afnr-Scpt 4s & 62 . 53 84% Mar-Sept Div > 50 ' Cincinnati 88 55% 1963—April-Oct 197C refund mtge 3%s ser F 2003 First & refund mtge 27/es ser G 2003 First & refund mtge 33As ser H 2003 St Louis Div second gold 3s & • 60 Feb-Aug May-Nou First & Knox 80 53 April-Oct Louisville & Nashville RR— Atl k T-f] V': April-Oct general 4s series (1962) Electric 7s series A 1952 ALombard B A B series 4s General Miami Lorillard series 67% 13 8274 *79% M'ay Lexington & Eastern Ry first 5s 1965 Liggett & Myers Tobacco 5s 1951 Little > 72 2003 contingent interest 2003 Lehigh Valley Terminal Ry— First 5 67 interest F § A Second 67 fixed N 88 Y >>> May-Nov 4%s Series D Series interest 81 May-Nov 5s fixed interest 2003 May-Nov 4s contingent interest 2003—... May 4%s contingent interest 2003 May B Series fixed 4s West AGeneral >93% ~s 80 8174 80 " 65 % 73% Jan-July -■ N 75 79% 66% 74 RR— First mortgage 4s 1954 JAN Y Ontario 61 West ref 4s June 95 " & New Haven & Harlem "101% '-82 102% 5974 86 ' mortgage 4%s extended to 1974 Jan-July L-high Valley RR— .;>>>> ileneral consolidated mortgage bondsA series series N Feb-Aug 80 .. Lehigh Valley Railway- Series 4s 4s Lack Y ^AGeneral > 63 April-Ocf> Connecting RR 2%s series B 1975 First ; 92% V97 5100 82 Feb-Aug mortgage 5s extended to 1984... First 10 ' stamped 1974 Valley Harbor Term Ry— Lehigh 80 6174 April-Ocf 1997 Dock first gold 4s 1951 Y At Harlem gold 3%s 2000__T N Y ' Feb-Aug First 8774 80 June-Dec Lehigh Coal & Navigation Co— Sinking fund mortgage 3%s ser A 1970_April-Oct Lehigh Valley Coal Co- River 6274 Feb-Aug York ,4%s v>97 104% 10074 1 1998 A 3%s Mortgage N 101% 10074 Co— Hudson mortgage 101% 98% 103% 103% April-Oct deposit RR Mortgage L Lakefront Dock & RR Terminal— T 97 100 N Y N First mtge sink fund 3%s ser A 1968—_June-Dec Lake Shore & Mich South gold 3%s 1997—June-Dec 100 Shore First 103 3/4 74 & ♦99 Chicago & St Louis— Refunding mortgage 3%s series E l980__June-Dec '* -- 10074 10074 174 • _ 103% — 1954 A series 4s Feb-Aug 1956 deposit registered 1977 Jan-July collateral gold 3%s 1998 Feb-Aug registered 1998 Feb-Aug Michigan Cent collateral gold 3%s 1998_Feb-Aug 3%s registered 1998 Feb-Aug 10074 Htgh ,100% 101 3%s 42% 10074 > i Central 'Lake 116% Jan. 1 Low No. deposit— D of Central 101 3%s 98 107 i« __ *— —— > 3 Certificates General 104% Range Sines Sold High Feb-Aug Refunding & impt 4%s series A 2013 .Refunding & impt 5s series C 2013 98% .102 3 *4374 — - certificates 98% 23 of of series Consolidated 102 1956 series 5%s York New 91 - ' mmm. 1961__. 5s „ —June-Dec —Jan-July Jan-July tAKreuger & Toll — 103 1975_. —April-Oct 1968 1961 unguaranteed *9774 *94% «... —June-Dec 1961 4%s •••• — —.mm ' Kansas City Terminal Ry 2%s 1974 ._April-Oct Kentucky Central 1st mtge 4s 1987— —Jan-July Kentucky & Indiana Terminal 4%s 1961 Jan-July Stamped *90% mmmm June-Dec —June-Dec 1978 1980 s Kansas City Southern Ry First 1990— 4s Light 274s & C Certificates AFirst Kanawha series 5s AFirst A Kansas Bid & Asked Orleans Texas & Mexico Ry—(Cont)— A Certificates 102 Bonds Friday's or Sale Price Period Low AFirst 81 % 94 3 i Week's Range Last Interest Exchange High New Jamestown Franklin 27 Week's Ran re r* "d 104 74 I ;.ioi%.ioi%_;; —— 5 A Philippine Ry t A Certificates of 1st sink deposit fund 4s 1937 T__> Phillip? Fetrodeum 274s debentures 1964 June-Dec May-Noo 97 - 98 98% 93% 1C2% ' 64 9474 102 % 2 "947b 5 . . ■" 9774 *9674 100 June-Dec 11 99 -"11 1174 ,■ *1074 - .Feb-Aug 99% 133 " — - 96- 7 ' " ' 96 ~ 9274 102% 103% - 87a 11% 774 11% 8 98% 102% 548 109 3/3 133 % — 99% " 1223/4 133% 102 97 __ •.*9874 -Feb-Aug ^^s.conv debs 1975 __l May-Nov Plttsbgh Bessemer & Lake Erie 27/«s 1996_June-D«c 98% *9734 ^.May-Noc Jan -July 97 r 3 •as ; ,101'/4 V*0^^i^HHriitUJV«*UWWMUm»**,iku I, JWtH*o*.<Utit Volume 174 KtoVM Number 5033 . . «M>-fcWWtoiu^3»".r-rfU^Jj^iKatS«iCiI^(«£imuftx 1110*^WmeW&WM MWArtfflM.mtiMXAmmtri iw^r^jv^w ■**»*„ NM^M /. * ^ n» , m*.««.w: >- ««MMmll*ni0»4lV *1HW iWVewtf" W'Vi' ,*+w. **» The Commercial and Financial Chronicle . (385) NEW YORK BOND RECORD RANGE Friday BONDS Interest New York Stock Exchange Period or Sale Price Friday's Low Cincinnati Chic & St Louis Ry— Consolidated guaranteed 4s ser F 1953—June-Dec Consolidated guaranteed 4s ser G 4s H ser I960—Feb-Aug General mortgage 5s series A 1970_ 104 113 104'A 12 104 104% mortgage 5s series B 1975 April-Oct General mortgage 3%s series E 1975 April-Oct Coke & Chem 1st mtge 3Vis 1964__May-JVo» Pittsburgh Consolidation Coal— 3Vis debentures 1965 L 103 general general general 4%s series D Pittston Co 5%s Plantation series 5s 5s Jan-July April-Oct Pipe Line Providence 3s Terminal Service First 4s 99% 102% * 90% 90% 88% 90 % 91 88% 111 110% 100 i, 101% 99 refund M 3 Vis series B and refund M 3%s series C Tol & Ohio Cent Jun-Juiy May-Nov Mar-Sept 92% II *98% *99'/a LL'l May-Noo 1st Oil of Union Pacific 87 2%s 99 97% 1 102 135 100 152% 13 99 % 98% 10 98 Jan-July 97'/a — 97% 97% Rubber 2%s 101% • 1 1973 April-Oct Rochester Gas & Electric Corp— General mortgage 4%s series D 1977—Mar-Sept General mortgage 3'As series J 84% 85 12 83% 2%s ♦97 -- 3s series Lawrence & Adirond'k gold 6s A 1996 5 98% 104% II . 97 — 1st ASecond mtge inc 4%s Louis-Southwestern First 4s bond Second 4s Paul & St Paul Union Scioto V A General 1st mtge B Union Oil 2%s 2%s North Southern 3s debentures Bell Oil 2'As Ala 1971 1994 4%s 1981 Fran A debentures 1st 34% 94 100 *— 105 98% 96 100 105% 105 % 97 97 109% 102% 97 101 101 97 101 % 103% 99% 104 104 98% *97% ." 96% 96% 89 *97% 20 102% 95 8 90'% 96.. 89 104% 96% 87% 101 % 97 99 96% 98% 96% —May-Nov April-Oct 95% 97% 98 96 *95 96% 98 1959—_Mar-Sept April-Oct 1955—Feb-Aug May-Nov series A 94 97% 109% 108% 111 *102% 113 % 102% 104% 154 102% — Co— E ser 1975„Mar-Sept 1978„Mar-Sept 95% — ser 96 101% 104 *104 *92 ; May-Nov C 1973_April-Oct 1995 98 104% 96% *95 Mar-Sept Jan-July April-Oct mtge 3%s 101% 99% 92 13 96 *98% 1979—June-Bee *__ 1958 5s ref RR 94% 92 100 92% 100 V'a 101% 104% 96% ' 94'A 102% Co— mtge 4s Gen mtge income First 96% income series 4%s Co RR first ref 108'/a General 106 126 101 May 87% 87% 87% 94 ■—. 127 *96 93% 84'A 3 94 *93 ApriZ-Oct 23 94 4s A 93% 93% 43 40 43 1 1st 97% ref 30-year 98 % 40 5s 101% 1977 _ *99 99% 94'A ; *— — 94'A 5 118 123'A — 2%s 123 Va 61'A 61'A 62% 30 61 59% 59'A 60% 51 58% 100'A 21 99% 100 % 13 98% 63 100'A 1952_April-Oct 100 100 % Apr-Oct ' ; 100% 101% 96 95% 95% 95% *__ — 13 96 ' 1 81 mortgage 3'As ser A 1981 ,_Jan-July : J*94% — Mar-Sept 101% Mar-Sept Mar-Sept Mar-Sept ; 106% 101 Wilson 95% 103% Winston-Salem 81 ~ & Co ^Wisconsin 90 99'A 99'A 100% 97% 96% May-Nov Apr-Oct 120% 93% mtge 3%S'ser A 1975-Jun-Dec 93'A 119 98% 3'As S 93% 103'A 102'A 94 129 90% 81 — 114'A mortgage & B Central First mortgage Wisconsin First mortgage 2%s series E 1986 Jan-July 84% 84% 5 mortgage 83 2%s series F 99% Jan-July 80% 80'A 19 80 104% 1967 first 4s * 99% 101% 98% 104% 103% 98 •>993/4 104 % 105% 114 103% 105% 101% 101% ApriZ-Oct Jan-July 1960 96% ioo 99% * Ja n-July .—May-Nov 1958— 1 97% r*„ 1 100% 102% 108 113ya' *105% — Ry— 1949 4s of deposit and of term first 4s 85 85% 48 83 92% 84% 87 67 Jan-July :—Jan-July 1936—May-Nov 67% 11 62% 71 93 99% ~5 99 105'/# deposit 2%s 1976 June-Dec 3979 Public Service 94% 94% 99% 99% _Mar-Sept 3'As 1971 Jan-July 99% 97, 1996 div ACertificates- 103 First Du D 3s Wisconsin Electric Power 2%s 137% 100'A ~ § ASu series 1965 first ACertificates 105% 73 120% *110'A — Southern Pacific RR Co- 105 97% 97 97 __ 101'A 101% Corp— 1971 debentures 97% 106% Co— 3'As Electric 93 4 69% 103 % 100 Telegraph Co— debentures First 100% 107 71% Jan-July Wheeling & Lake Erie RR 2%s A 1992 Wheeling Steel 3'As series C 1970 98 91'A 105 105% 103'A 31 *•' Mar-Sept 1960 99'A 100'A 104 104% 105'A —Jan-July 1960 Westinghouse 47 % 98 RR mtge Union 104% *93% *102 Jan-July 60% 101 103 104 104 May-Noy 96% 101 ',*90 104 90 103 V* 51 56 *52 1967—Jan-July 1979—May-Nov 2361 Pacific & Western 100 93 91'A 1970—Feb-Aug Maryland first mortgage 4s mtge 4%s-4s series A 1969 Western 101 93 100 60% 3'As mortgage 3s guaranteed registered Gen 96'A 94 —— 100% 93'A West Penn Electric 3%s 1974 West Penn Power 3'As series I 1966 West Shore first 4s guaranteed 2361 104 126 -- 70 93% . 1976—May-Nov 2000—Feb-Aug 3'As Washington Terminal 2%s series 122 69 73% 93'A April 1971 3%s gtd gold 72% 72% 1981 series B Jan debentures conv 90% 72% 1991—April Feb-Nov A Jan mortgage 3%s series B Warren 104 100 104'A May-Nov Term 4s Power Gen «... *__ Jan-July 1969 4'As and § A First general (Oregon Lines) Gold Gold convert ble 13 103'A *__ Jan-July Feb-Aug Jan-July 1985 4%s 3s 109'A 110% *— June-Dec 2%s San 75% *100 1941—Feb-Aug Jan-July 1976 debentures 1987 Southern Indiana Ry 2%s Southern Pacific Co— 66% 94. Jan-July 1976-. mtge 2%s consolidated Wabash 102% 92% 260 RR 1979 debentures First 51 79% gtd 5s 1963—April-Oct Telephone & Telegraph Co— debentures 2%s 97% 110% May-Nov 1965 Oil gtd & 79 78 76'A June-Dec Skelly & : 1965 consol 73 101% " 96 June-Dec trust 7s Socony-Vacuum — 79% 1989—May-Nou 1966 debentures 102% *93 1966—ApriZ-Oct Western 2%s 22 99% June-Dec 1967 ' 104% 73% 97 May May-Nou t§ASilesian-Amer Corp coll South 1970 2%s Westchester Lighting gen mtge 1989 1980— (Jos E) & Sons debentures 1974 3s 2022 mtge 4%s series A Jan 2016 3s series 51% 93 Feb-Aug America Virginian Ry 3s series B Co— Seagram Shell Jan-July Jan certificates Nov 1989_Jan-July cons gold 4s 1968_June-Dec 3%s B 1971„, _April-Oct RR debs sinking fund series B 1957 Walworth England 1st gtd 4s Line 86 ♦103% __ 80'A *71% 1955—Jan-July first Depot New Air 60 26% June-Dec First and ref mtge 2%s scr H 1980 Virginia & Southwest first gtd 5s 2003 105% 95% *73% Ry— bond Duluth & Seaboard series A certificates inc St *96 April-Oct Rocky Mt & P 5s stamped Francisco Ry Co— mortgage 4s series A 1997 Louis-San St Mar-Sept 1996-Jan-July gold 5s St Louis St 58% 23% 106 W 1971 1st 2%s debentures debs RR First lien Second 54%' % 98 Corp of America— conv First 1969—_Mar-Sept 14 24% May-Nov 1975_April-Oct : May-Now 1980 First and refund mtge 3s series F First and refund mtge 2%s ser G 9S% 100 »A 100'A — 103% 136 Ya 99% 100 % 54 1971 2%s 2%s 1970 First and refund 84% 3%s trust 2%s of debentures Vandalia ?■ 1995—May-Nov 103 96% 3 99% Mar-Sept 1976 Co. Virginia Electric D 96% 124 % 96% 134 103% R Saguenay Power 1961— Universal Pictures 3%s debentures 104% 98% Missouri tr Gas Corp S Consol. St debs 104 105 99% 96%. *124 I960—June-Bee 1968 debentures 3'As 1964 Reading Co first & ref 3 %s series Reynolds (R J) Tobacco 3s debs 3%s *— < 128% 97 101% 33 RR— Biscuit U 219 100% of California United 106'/8 201 100% Higto 118 99 102% 102% 1970_ApriZ-Oct 199Q_ApriZ-Oct Refunding mortgage 2%s series C 1991—Mar-Sept 103% Vanadium debentures 2%s and coll coll United 21 103% 103% mtge & Union 99 101 Low U 98% 86% — 101 refunding mortgage 3Vis 1968-Jan-July refunding mortgage '5s 2037—Jan-July 'First and refunding mortgage 8s 2037—June-Dec First and refunding mortgage 3s 1972—May-Nov First and refunding mortgage 2%s 1979_June-Dec 2%s Corp First mortgage 3s debentures 101 98% ♦94 and Quaker Oats and impt ref Tri-Continental Co— - and 110% 88% 98 Jan. 1 No. RR— 99% *92 Bssge Sine# Sold 119 *98% 102% tThird Ave Ry first refunding 4s I960—t_Jan-July A Adjustment income 5s Jan 1960 April-Oct 99 ; Orleans *118 May-Nov Pacific first gold 5s 2000, June-Dec General and refund M 3%s ser E 1985—Ja n-July Texas Pacific-Missouri Pacific— Term RR of New Orleans 3%s 1974 June-Bee 103 91% New Jan-July April-Oct 1965 First 102% 100 '100% 100% —Mar-Sept Feb-Aug 1956 1963 100 debentures 3s Union Electric Co 1964__Jan-July : Gas 10 101 % *108 and First Feb-Aug mtge 3 Vis 1977 Electric & debentures 90% & Texas & June-Dec 1970— mortgage 3s 1983 mortgage 2%s 1984 First Public 1st * Bonda High St Louis— of impt M 4s series C 2019 impt 2%s series D 1985 First 96'% 90% 90% Corp 115 82% Texas 114% 102'% — 100% 100% Assn June-Dec 1977 debentures 2%s — 102 6 2 82% *100 June-Dec 1974— RR Refund and I. 1962 C income Potomac Elec Power First B series 103 82% ♦100% mortgage 4%s series B 1959—April-Oct First mortgage 4%s series C 1960 April-Oct Pittsburgh Youngstown & Ashtabula Ry— First 103 < . First First Terminal Refund and ~9 Texas General First 107% 104 €1 Friday's Bid & Asked Low 108 % 104 or Sale Price 103 100 104 Pittsb , 101% 5 104 103 Week's Rang* Last Period High 104 'A 104 Interest New York Stock Exchange 104 June-Dec Pittsburgh Steel 1st mortgage 4Vis 1958 Pittsburgh & West Virginia Ry— -First mortgage 4%s series A 1958 Low 108 ♦101 Friday BONDS Jan. 1 No. 100% 100% Consolidated guaranteed 4'As ser I 1963_Feb-i4ug Consolidated guaranteed 4'As ser J 1964_May-Nov Pittsburgh Cine Chicago & St Louis RR— WEEK ENDED JULY 27 Range Since Sold High *102 1957—May-Nov guaranteed Bonds Bid & Asked Pittsburgh Consolidated FOR Week's Range Last 92 First mortgage 2%s series G 1961 Southern Ry first consol gold 5s 1994 Devel and general 4s series A 1956 Devel Devel and general 6s and general 6%s series A A April-Oct 1956__ApriZ-Oct Memphis Div first gold 5s 1996 Southwestern Bell Tel 2%s debs 1985 debentures 1983.. ASpokane Internatl first Standard Oil 2%s Sunray Swift & 2%s (N J) debentures Oil Corp 93% ; ■ . 108'A 1966 A a 105% > 16 96 Yonkers 107 111 a 110'A Included 92 101% not 7 99% 106% — 10 59 59 14 91 % 96% 97% 97% 39 97 *96 '/a 100 ■ 99'A "w; the 102% 96 102 94% 100% 99 —* 100 y: 103 in delivery sale year's the included 98 98 range, not n Included In the year's range, d Ex-interest, Under-the-rule sale not Included in the year's the in year's range, y Ex-coupon. ^Negotiability impaired by maturity. tCompanies reported as being in bankruptcy, . 72'A 93% *96 Deferred 100 2 — 92% *__ Light & Power 2%s 1976_Jan-July 108% 59 Jan-July Electric ioi ' 102% 102% Jan-July May-Nov 1972 96% 125% 97% 8 108% 109 April 93 107 52 106% 96 4'As 2013 debentures 106 108 *103 debentures 2%s 1971—May-Nov Jan-July 2%s 3 50 99% Jan-July 1974 Co 2%s debentures debentures 1973 98% April-Oct May-Nov gold 93% 108% 110 98% 1956 series 3%s Jan-July Jan-July April-Oct e Odd-lot range, r sale not» Cash sal* ' _ _ fl'fhese here is a _ „ receivership, or reorganized under Section Act, or securities assumed by such companies. •Friday's bid and asked prices; no sales being transacted during current week. A Bonds selling flat. A Bankruptcy 77 0* _ issues . , were combination of previously all sales listed on both on the Curb Exchange. Exchanges. A The 1951 year s show# range A NEW YORK CURB EXCHANGE WEEKLY AND YEARLY RECORD In theAfollowing extended list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning Saturday, July 21, and ending the current Friday, July 27. It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether stock or bond,;in which any dealings have occurred during the current i " year. RANGE FOR Friday STOCKS ■ j ■ •• '> a;,.'r ' 4- Vending Corp : ACF-Brill Motors warrants. Aluminum Acme Wire 1 Alloys—* 1 Co common—A— For footnotes 1 (N J)__„ see page Low 6% . 6 33. 6% , i^_* < Low 6'/a 1,300 2 2 2,000 5% 6 800 6% July 1% Mar 5 Jan Jun < 3% 2% 3% 1 200 3 'A 3,300 Sales Range for Week Sale Price of Prices Shares High Par 9'A Jan Air-Way 2% Jan Alrfleets Inc 7'/a Jan 32% May 3% July 2'A July "5% Feb Electric Alles & Fisher Inc common 4 Jan Allied Intemat Feb 11 yB Apr Allied Products Altes Brewing Co Altofer Bros common— 8 11 % 11% 11% 2,400 10% Jan 15% Feb J 17 15% 17 2,100 13% J*n 19 Jan Low 9% 400 5'A 5% 100 8% Jan 5% May High 10% Mai 6 '/a " 93 1 7% 94 110 92 July 96% -50 preferred— .100 9% • 5% Range Since Jan. 1 High 9% -1 Power 4.20% Airlines Low Appliance. Alabama Great Southern Alabama Alaska .3 'A Week's Last New York Curb Exchange Friday High * a ; STOCKS Range Since Jan. 1 25% 1 Supply Manufacturing Inc Shares 10 ;Agnew Surpass 8hoe Stores——;— Ainsworth Manufacturing common Air Associates for Week — Adam .Hat; Stores Inc— Aero Sales Range of Prices Par AEC Acme Week's Last Sale Price r, New York Curb Exchange A • WEEK ENDED JULY 27 97'A 150 95 Jun 7% 7% 2,200 .1 2% 100 2% ' 23% 3'A 24 3% 350 1,000 Jan 7 1 1 Investing cap stk. .(Mich) common— .„5 4% Jan Jan 107 Feb 102'A Jan 10% Mar 7% 4% Feb Jun 2% July Jan 26 Mar 3'A July 5 Jan 7% 9 Ayr 21% Jan 29 Chronicle The Commercial and Financial . Monday, July 30, 1951 . . (386) ZO NEW YORK CURB EXCHANGE RANGE FOR Week'* J Bale Prlee Exchange New York Curb Goods Aluminum 100 -• American Beverage Book American Hard .... American Maracaibo American Meter Co $6 300 1% Jan 20 78 te Feb te 24 1% Jan Mar 84 Seal-Kap Central Power & Jan 39% Jan 27 te Mar Century Electric Co common 200 19% Jan 22'A May Century Investors 9,200 6% 5% Jun 900 243A 20% Jan Jun 7te Feb 26 te May •Convertible Cessna 37 1,025 33 Jan 40 Jan 35 37 2,000 32 te Jan 40 Jan Chesebrough 51% 51% 53% 2,900 44% Jan 57 % 17% 17% 18 400 10% Jan 10c te te Jan common American Thread Writing Post 5% Apr 24% May % Jan Jan Chief City 4% 4% 700 4% Jan 10% 500 83A Jan 11 % Apr 6% Jan 9% Apr 7% 600 7% 7% 1 common 5% — Jan Feb 7 rets ord reg Angostura-Wupperman Apex-Elec Manufacturing Co Appalachian Elec Power 4Va% 13 te 200 4 13% July 4y« 8 700 6% Jan 104 104 104 Jan 33A 70 103 te Jun Apr Mar Feb 10 113 7% 1 pfd—100 Apr 10 1,750 4% 12 te 13% €1 1 Natural Common class A Clark Claude non-voting preferred Arkansas Power & Light $7 pfd convertible Aro Equipment Aspinook Jan 7% Jan 17% May 10% Jan 18 % May Colonial 10% 10% 10% 400 10 te Jan 10% Feb Colonial 2.50 11 Corp 30 19% 46 17% 1 Jan 114% May Electric Tel & class Atlantic Coast 21% Jan Commodore 48 Feb Jan Community Public Service Compo 8hoe Machinery— 9te Jun 12% 200 Jan 23 te Mar Coast Line Colt's Atlas Automatic Steel Jun 1 y8 Mar May to ext 1956 475 64 6,700 2,500 Apr 7% Feb 20 Jan 25te Feb Cook Corby 21% 20% Apr Baldwin Securities Banco de los American Co 400 5 July 7% Jan 7te Jan 8% Jun- 17 te 17 te 100 16 te Apr 21te Feb Continental Foundry & Paint Corp 4% 6,000 3% 75c B 13 te May Apr ~8% Jun Croft 14'A Jan 6% ~6% 14 te 14 Va 14% Telephone of Canada common—25 & Co Inc Jun 36% 700 8% 8'A 2te 500 35% _1 3% 100 ' Jan Apr 35% Jun Bickford's Inc common Apr Jan x8te 17 Vi 4 10 te common 1 BIrdsboro Steel Fdry & Mach Co com_* Black Starr & Gorham class A • Blauner's ! 11% 11% 550 10% 11 10'A - Jun 10 Va July 3,300 Jun 5 15% Feb Crown Jan Crown 4 Jan Crown 38% Feb 9% Apr 24 Va Mar Feb 16 13% Jan 6% 325 9% Jun 65 :'V 13 700 11% Jun 800 14% July 20 prior cumulative preferred-100 Scrymser Co 5 Bourjois Inc 1 Bowman Gum'lnc— 1 80 80 79 87 te common *\ common 12% 5te% Borne Power 21% • Corp common Bridgeport Gas Light Co • 6% 7 800 4% 300 2% — Brazilian Traction Light & 40 4 6te __ Breeze 10 2% 2,100 21% 8te 9 3,200 22, : 9te 5,000 July . * Jan British-American Oil Co Oil Refining partlc * 35% Tobacco Mar Feb Feb 25% Feb 9% Apr 27 te May 24% 900 19% July 33 te 11% 12 Feb 11% Mar Jan Jan 12 te Jan Jan 144% 118 2,200 5% 2,400 5 te ■ 3% Feb 6% May Jan Jan 1% 21% 2,200 20% Jun 43 te 50 31 Jan 45 12% 500 10 Jan 16% 12 Jan 16 Feb 10te 100 ft % 800 32 15,400 500 7 Va 2,100 ,96 1/128 Jun 73A May % July 1/128 1/64 , Feb 12 12 22% 10 3/8 j 123A ; r July 4 26 te May 43 Va r- . Jan 2% 11% 1,200 137 te 142% 22 3/8 7% 7 16% • 16% 17 te ': 6 Jan 12te Jun Jan 7% July Apr Jan 16% 14% 8,700 * ft July 15te 300 16 3/4 7 te Jan 18% Mar 75 y8 Jun 2,500 2% Curtis Manufacturing Co 8 Jan 5% Feb 7te Jun 12% Feb 12 te 10% 12 te 12,500 Jan 11% lite 300 10% Jan 13% Mar Jan Jan * 15% Mar lite 9 2% 2% 100 3% 3% 100 2te 2.50 5 (Mo) May 1% ' 4% Feb ' 3% July " 60 10 Jan 80 75 75 75 33% 32% 33% 6.800 28 te Apr 37 Vs 10% 10% 100 9% Jun 14 * common July 85 % July 2% Jun 100 3 8 ■ 6 Jan 600 lit "2% Feb 52% 12,200 n 71% 4 500 6* 6 6 2 te 5 Sugar common 8 % 6% May July Jun , Feb July > 12 Vs 100 Jan 18 Feb"' 33 '?*• 14 14 14 Jan 39 Apr D Hosiery Davenport Davidson 2.50 Mills Brothers — - Mar 24 Dejay Stores Dennison 8% !— common 34 Va Jun Detroit Hardware 36 te 10,200 27% 36 te July Detroit Steel Mfg Co 7% V 4,100 'V-'IO 2% . 28% 4ft Feb Apr 30 Vs Jun 6% * Jun 8% Jan 27% 200 136te 1 10 class B 14% '■* 2 14% 100 2% 2'A 1,900 1,500 % ? 4% 4% - 4% 27 11% 10% 1 11 Jan 143 4% May 17% May Jan 3% 2% July Jan x4% May Jun Jan 30 te Feb 11% July 14% Jan 24 1,100 28 11% 28 ? 12 te Jan 15% Mar 12% .Jan 'f-^300; 14% 14% -1 1 Products & Raynolds 6% May 2% July 6% -j6% .. , 5 900 100 Detroit Gasket & Manufacturing Detroit Gray Iron Foundry 34% 2% 28 Ve 50c Mfg class A common Jap 31te July 2% .. 6% te 6 6% 35 debenture— 20% *' 1 10c Inc ._ 50 £1 Company 1st common (E L) Co Mills Ltd Buckeye Pipe Feb 14 July 3% 3% 4 9,300 2% Jan 27 27 50 26% Apr 1 13% 14 14% 2,700 50 49% 50 19 te 19 % 19% 1,100 6% 6 % 6% 2,100 16 18% 10,000 22 22 te 200 —1 common 18 te --2.50 common 4% July 100 B 150 —* Line Dominion Bridge Co Ltd Dominion Steel & Coal ord May Jan 29 13 Feb 14% 2,400 Jan 13 5,200 20 ft 5,900 3% 18,500 Corp 1 class A i Co 5 • stock—.—•- Dominion Tar & Chemical Co Ltd Dominion Textile 26 • 17 common: Feb % 15% Mar 27% Jan Jun H Mar Driver Duke Harris Power DuMont Class Co (Allen A Jan 5% Jau July 60% Jan " .36% 41 % 3,500 16% July 175/s July 3,100 30 % May 41 % July V 17%' V 15% 10c common ; 2% July 4% Jan dep rets (The) Co ord reg £1 4% 4% "Ite 50c California Electric * 7% Co—— __1 ,5% , —. 3% 200 3% Jun 3% Jan 15,300 6% Jan 14'A Jun 7 7% 3,400 7 Jun x8% Feb 5% 5 i5a 19,600 4% Jun 4 "5% "ite "5% • 26% Potash Co 51§ Feb 20te 25 20% Jun 72 te 72 te 50 56 Mar 72 te July 26 Mar 27 % 22% Feb Eastern Gas & Fuel Assn 4 te % Eastern Eastern common—10 100 prior preferred Malleable —20 —— Canada "5% Southern Oils Ltd wi—— Canadian Canners Ltd common- ~5te ~6 9,100 3% Jun 24% Apr 7 Jan Jun Canadian 7% Industries preferred Canadian — Ltd— ._100 —;—> Marconi 1 Carnation Co I100 1 States * common Carolina Power & Light $5 pfd— Biscuit 3 Va 8,800 8% * Co—— I—1 Amer Carter dep rets A ord dep rets B ord (J W) Casco Products Co 97 te note 23A — For footnotes see page 33. Jan Jun 8 29% Jan Jan 161 te Mar 4% Jan 28'A July & Share common Empire Emsco Millwork Derrick & Corp Equipment 600 31 te July 7% May 9 Mar 1,400 4 5 May 97 97 te 100 103% Apr Eureka Corp Ltd note note 50 113 te Feb Eureka Pipe Line common. 5te Jan 14 Va Mat Jan 81 Feb July 42 Jun 35te 106 1 32% 5- 111% 32% • ' 99 ■-Ji" •-'v,83% " *12% 12% 23 " • ' 22% 31 10 3% 1,200 83te 75 32% - v 100 83% V- - 50 12% 3.500 23. 1 5 10c — 1 —1 1 10 Jan 94 175 • Jan Jan 85 Jan 16% 19% 1 te ;7te 6% ite 1% '* July : Jan 106% Feb ' 9% Mar Jan <14% •500 Feb 13 Jan July Jan 900 20% 2% 3,300 Mar 109 te Apr 2% May 1% Mar 6 5% 300 4te Mar Apr 37 Jan Equity Corp $2 common convertible ; preferred Esquire Inc — 31% 5% 3 lte" 5% 24 Apr * 24,600 *250 400 ,. 2</s lte July 30% Mar Jan % 14 Jun 1% Mar 6% May Jan Falrchlld Camera & Instrument——1 Fairchild Fansteel Engine & Airplane——— 1 Metallurgical • 33 7% 22% 22% Jan 32% 33% 2.100 •6% 7% 12.^00 6% July 8,800 16te Mar 21%; 23 Apr 6 Mar 1"« Jun 11% Mar 7 34 ' 4% May 13.000 "_%• ; May 23 Jan 11 1 July 36 & Feb „ 82 96 19:. 99 Jan 28te 11% 29,500 -;7% July 111% July 5 Feb Jan 2% 81 May 5 Apr lite 35te 95" 5 Bond 1,100 11% Mar 5% 20% Electrographic Corp common-. —1 Empire District Electric 5% pfd——100 4% 1 * 6% 253/4 Jun 5 67 V4 12% 72 99 1 * 8% 2s 6d common. Jan Jan 3% / Jun 325 11% 70 111% $5 pfd shares of beneficial int Easy Washing Machine class B 36% £1 common Jan Mar 73/s 11.600 12 Va * • Common shares of beneficial int 8 35 te Carreras Ltd— Amer 2% July 19 2,400 72 Corp $6 preferred series B Eastern Sugar Associates— 4 36% .2.50 Carr-Consolidated 2% 22 —— Co ~3 s Carey Baxter & Kennedy Inc—1— & 161 te Mar — Capital City Products common Capital Transit Co— Carman 28% July 0 Co Ltd_ Jan Apr 26 3/8 4% Electric Canadian Dredge & Dock Jan 16 25 Iron $7 preferred series A 72 te 94 700 1 4te Mar 20te —5 ; Apr 5% Jan 500 13 te 12% — Canada Cement Co Ltd common— preference 13% III Power Calvan Consol Oil & Gas Camden Fire Insurance— Canada Bread Co Ltd 6te% 3% i.'"44V —1 Calgary & Edmonton Corp Ltd - 1,100 • 1 Duraloy Durham Cable Electric Products common— Calamba Sugar Estate Feb Feb 41 te May r'-.\ 7,300 Duval Sulphur & 12tec 15 te 34 Vs Jan 14 % P Jun 5% 100 Hosiery class B common Duro Test Corp common— Burry Biscuit Corp, 12 Va May 600 38 32% 300 25% 13% i3% 24 23% 79 13% 24 '37% * Dunlop Rubber Co Ltd— American •; 41% 17 •..., * - 4% Laboratories— B) v July Jan 1,000 r- vr. 10 Co 27 15 % 53 — • Ltd Draper Corp common '.5 11% July 3,300 27"/; '• 25 V 2% July Jan 2 10% July V 1.400 -Mar Jan 25% 3% 6% May 20% 14% % Jan • 19% May 23% 3% July 5% July 10% Jan 14% % 50 % 22 % Finance 10% 1 common Jan 15% May 113% May 25 2.50 Dobeckmun Co 1 Corp 5% Jan 8 * Bunker Hill & Sullivan—— Burma Corp Amer dep rets - (The) Domestic May x45V2 May 18% Apr Ltd— American dep rets ord reg 4s Feb lite xlOl * 1 class Distillers Co 30% 3% vtc • Co Bruck 10% junior preferred—10 cumulative Bruce July • preference vtc Rubber 14 10s $3 2nd preference vtc— Brown Forman Distillers Brown Feb Dlversey dep rets ord reg British Columbia Power class A Class B Brown lite £1 Ainer 4% 9% July American Tobacco— Amer dep rets ord bearer Amer dep rets ord reg British Celanese Ltd— $5 300 14 Jau 12 • common Curtis Lighting Inc common Devoe British 93/a 5% 10 Atlantic 22% Jan Feb Apr 1,200 1,300 25c preferred Cuban 22% mmm» 8% 7% 7 te 12% Peo lte July 1 6 1 5 (Md) "A" 2% July 23 * Brillo Manufacturing Co common daSS A Jan 22 te 1 * Drug Co common Crystal $6 Petroleum Cent Cork Internat'l 2% July Jan 73% 1 % July Dayton Rubber Co class A July July 3% July common Day Mines Inc 7 Jan 7% — • • 5c 7% 20% Feb 3% July 4 te 9% * July July 4 10% 900 Co 7% May 6 '■ 10% 12'A 14te Jan 15% 10 3 — & Co Co 30 Va 58 50 ' July Jan Jan 5V4 500 65 Jan 8% Mav 6 % July 22 2,200 3te 64 te 12% 13% Mar 12% C) 7% 40% Jan 15 (S) (H 300 7% npr Jan 200 Crowley Milner & Co 6te Mar 17 —* common Blumenthal Bohack 300 7% J.UV4 Jun 5% 4 Co Brewing Cuban Hedges 30 Va 30 1% Crosley Motors Inc 5te 300 7 te 75% Jan 14 % July 1,500 6te 3te dep receipts (ord reg)—£1 5 6% xl2 33% 6l/s 7% Petroleum lite 100 8 te Jan 5 % xl8% May 7% Mac 2,000 ... Ltd— American 400 3»/s Watch Jan 13,200 200 July 16 5% Mar 6 8 1 Benson Feb 50 • Feb 6% 4% July 3% July 2,900 8% V 1 12 • Jan 1% Petroleum common Cosden 7te : Jan 27 7,500 31 te 17% 11% 1 Apr 10% 33/4 class A 11% common Benrus Reynolds V 7% 1' Aircraft & $1 preferred 4te 4 16 4% * 1 1 21% _■ Inc —1 Corp Shoe Jan Jan 1% non-voting Creole (L) & Co common Beau-Brummel Ties common Bell Jan • Baumann Apr 2% 143,% voting Class Courtaulds Beck Bellanca 3% July 5% Basic Refractories Inc S) Jan 43 Va Andes— Barcelona Tr Lt & Pwr Ltd Barium Steel Corp (A Jun lite shares" 13% 6% May 23 ' Mar 450 3% Ltd— A Corroon 32% 600 Jan 17 Va 1,100 26 Va Feb 1% May 100 20 7% / Machine Co—1 Varnish & Distillery (H) Class Coro 13% 9% 33 1 300 13 700 62 1,900 1% 16 —1 -r 1 common 11 1% 30 te Corp * Rubber Apr 10 Va "7% Commercial B Baldwin 30 Va Mar 13% - Car-Na-Var Corp 5% 6,500 Jan Jan 4te Continental 8 35% 72% 9% 3% Continental 7% 33% July 400 25 Vs Feb 5 33% Jan II 7% Jan 7% • 13% • Ltd— 10 Cornucopia Gold Mines Rights w i & Wilcox Co Feb 9% July Io% 20 4te r Babcock 10 te ' i% 1 Liquidating Feb Jan Jan 525 1 Utilities Gas Jan. 6% 10% II 82te 17 te Voting Machine • Ayrshire Collieries Corp common——3 Jan 653/4 j Jan 5 1 Automatic July 7% , 7'A 24 """* Jun 2% 5% Jun 200 1 , Corp Engineering Consolidated Mining & Smelting Consolidated Royalty Oil 1,200 6% 6 38 te Jan Jun Io% 10 Inc Hotel Consolidated 3 6 21'/2 1 Products Inc 10% 76 69 67 ~6% Corp warrants Plywood Corp Atlas ft July 60 Va 300 2% 2% 50 400 4% 5 65 25 1 Manufacturing Co Vtc 71 70% 71 1 Co Jan 8% • % % % • 11% May 400 7 7 V 65 aA 1 -1 Co Stone & Jan £1 A Fisheries Atlantic Sand Consolidated American dep rets reg Laundries of America Apr 8% • Airlines— Jan Industries— Associated Associated Tel Plow Jan 133/4 17% Colon Consol Associated 9 600 7 - 1 Products Co 15 Va 2,500 11% 9% 94 Va Mar . 40 25 Apr 34 1 Co. Co 111% 1,700 July 300 -• 15,000 19% II I 11 4,600 _— 17 46 700 6 common 15% 112 te 112te Feb 260 113A "6 ordinary 17 46 Jan 16% 78% 11 53/4 Co 10% 50 May 85 "5% Development Cockshutt 1,300 7,700 • preferred Corp (The) 5% 6% Armstrong Rubber Co class A—• 22 1 Inc.: Aluminum 15% 10 Jun 77te May 6 5 Clayton & Lambert Manufacturing—-4 Clinchfield Coal Corp common 20 15 57/a 20 ft r6 1 5 10 Mining Manufacturing Neon Dlaussner Hosiery 15% 6 600 10 te • Co Controller * common. 21% • City & Suburban Homes— * 1 Gas Apr 89 4 Stamping Auto Club Argus Cameras Inc, 27 78% 10 certificates Consolidated Clarostat Anglo-Iranian Oil Co Ltd— American dep Jun 5 Manufacturing com trust 24 Jan 5 10 te 2 Voting 118 Jan;, Apr 175 2.50 10 Chicago Rivet & Machine Chicago & Southern Air Lines Jun 112 5 common Products Angerman Co Inc 200 113 34 te Mar 5 preferred Paper Jan 16,600 te 113 • 31 Jan 26 1 common 35% 100 33 3% 253A — 2 10 Inc preference—J Co Juu 2% 100 100 10 pfd- Light 4% Aircraft 8% 21 1 Products Steel • preferred American 4% % Ohio 17te 3 '3 100 preferred 3.50% Central 26% . 2,900 V Jun 6% July 14% 100 6% Co— 22% 21 32% *i.:: __ ——10 Superpower Corp common .6% $1.50 Power Maine 2 Republics Arkansas • Central Corp— 300 25% 24 • preference Conv Feb Secur 350 36 te 5% series preference $1.40 series Feb 1% Illinois High Low 15 te 6% 25% Conv 16% Mar % July 1 —«—1 Catalin Corp of America Range Since Jan. 1 High 15 te 6% Central 13 600 Low 10 • series Anchor Co & Chamberlin Co of America Charis Corp common Cherry-Burrell common B American Amer Jan Jan lte i 84 21 6 pfd—25 American Potash & Chem class A American M) (A July 28 Jan 1,600 24% 25 • American Natural Gas Co 6% Class 104'A 9% lO'/a 35 te —— 20 25 1 com ^— 25% Mar "% 82 25 Co 94% July 200 1% 1 Co Laundry Machine V. American Manufacturing Co Shares Par 14te —....—.-100 Rubber 400 10 — 1 American 95% 28 j 28 15 common—.. Co for Week High Low **"% • common Filter 5% conv pfd iAmerican Bantam Car Co class A American Range Since Jan. 1 Sharee High 94% 95 28 Amer Air ... Range of Price* Friday • Manufacturing Industries Sales Last Sale Price Castle Aluminum Co of America— $3.75 cumulative preferred Aluminum of Pricee Low Par Week'e STOCKS New York Curb Exchange (er Week Last STOCKS WEEK ENDED JULY 27 Bale* Range Friday ■ Jan 18te Jan 39 Jun 9 Jan 27% May * Volume 174 Number 5033 The Commercial and Financial Chronicle . . . (387) NEW YORK CURB EXCHANGE RANGE FOR WEEK ENDED Week's STOCKS .. Range ' New York Curb Exchange of Prices Sale Price Par Shares Plre Association (Phila) { Class Low 62% 280 3% 600 3y4 31 32 53 29 3% Feb 8% 47** 47 48 r 40% 1,800 v Jun 64 Jeanette 66% Feb 75 £1 6% deposit receipts bearer—_ Fort Pitt Brewing Co_L 1 Fox (Peter) Brewing: .—1:25 900 U 4,200 10% 10% 10% 500 7% 1,300 7% Franklin Simon & Co Inc common 1 4%% convertible preferred-——50 Fuller (Geo A) Co ——5 * ' 6% % 6% .'-* 7 4% Feb Jan 6% 1% ' 11% 12 13% 6% July Jim Brown 4,400 1 common Stores Preference Feb 11 & (N J) 3%. 1 3% 34 10c 33/< 34 3Va 1,000 35 3% ■a, im ... II.,I , Co Jun 1,600 Jan 1% 13/4 700 * 2% 2% 400 ■■iii«a 9 Jan Jan 40 Jan 12% Apr 10% Jan Kansas Gas Kawneer Corp & 1 Electric 4 Va % pfd. 5 100 Co — « Jun 5% Co common preferred common.— Builders Supply ,7% 4% " •' - .i.*/"' — 'IT • 100 16 * reg___ ' 1,100 4% Jun 5% Jan 2% 2% • 800 * 4% July July 30 100 ' 10 "*'7% ■ 5 25% 100 '200 7% 24" - 25% 106 General. Ply wood Corp common 50c ■$% conv preferred— ———20 General Public Service $6 preferred * $5 . $6. preferred— preferred 70 3 500 2% Kirkland Lake G M Co Ltd Klein 12% July 8Ve July 13% 16% 20% July 9 Ye : 300 __ 10 Jun Kobacker Apr Kropp 101 (A C) Gilchrist Co j *; Glen Alden Glenmore & Co 7% 16,500 17.% 150 25 — class B 11 10% 3% .Grocery Stores 3% Lake Feb 19% 21% July Jun i 1,300 4% Lakey • '.v » ' - :A*i,78 ? V2 20% "• 18% '. 53 20 % 29% 60 Lawrence Jan 40% Feb 78 July / Jun 5% Apr * 300 13 13% Realty Machine 3,500 17 Ye Jan 3/4 9,500 68 Ye May 8% Mar 200 13% — 11% 11 9 Ye 33% 600 9 Ye ■ 3 Ye 9 11 400 . stock— • M! l21% 132" 132% 9 14% W > ? ,y/:5i%- ,52% » Lone 4 Ye Jan July lOYa Feb Lamp Co /Hamilton Bridge Co Ltd__-__!!_r—. 3- ,-fJ 100 9 15 400 143/4 Jun 17Ye Feb <4% Jan 5% Jan 11% Feb 7 4,200 7Ye July 6% July 7% Jun 6 3/a ~7Ya 7 Ye 8 18 Ve 500 18% 1,000 25 : 103/4 Jan 4Va Jun 5% Jan 1,300 21 Ye Jun 100 27 18 1 1 9 % 18 18 3/a 183/a 193/4 133/4 Jan 153/4 July 2,800 Gas 9% 3,600 22 Ya 25 273/4 14% Louisiana Land Feb Louisiana Power & ■14% Jun Lynch & Hastings Mfg. Hathaway Bakeries Inc— Corp ....: < . : Jun J 2 May r Jun 136% .—i V.v'I * 28 113/4 Jan 28 Ye May 27 Ye 1 Light $6 pfd 41 Va ♦ 111% _ -*■ 54 1,400 37% 41% 1103/4 111 1/2 30 16 V« 900 14 16 143/a 1,000 14% 200 15% 29 Y4 Apr 253/% Feb 28 % Feb 12 % May . Mar • Feb mm , Co ... 8 Maine 11% May 23% Feb Co — 10 Public Service Mangel XIIOV2 ... Stores common 14% ; -25c; Manischewitz (The B) Co 30% „!» a.■«. 'its ■! 10 El 47. — — 6% 32% . 240 -10c 5 *44% Jan /•6%" ia% . 30 Va Mar ' —^ ' Hardart iv\ 33 ! '■ 100 • K - 6% i?!1 13V4 »*»! €% h 300 13% 3,400 ■ •• 2Ya — ,t 94 f,' .igwt ; 94,.' " 1,300 6% 6% 8% 12 / 7% July;; / 12% 2,100 12% 12,100 2%. 2.% 200 26% 43% xl0% convertible 'Hydro-Electric preferred— Securities .1 25% July 43 127 1,150 400 117% 127 4% 8 4,100 4% ■' 4>/4 1% 7 3/a 8 - .5 14 Feb 300 1,000 100 9% 102% Jan 3% Jan % v 7 Jun Jun 3% Jaa 16 Jun 6% preferred Micromatic Hone Midland Oil Midland Feb Steel • Jan 4% common 25 24% 25% 2,675 Chemical Industries— / dep receipts registered___£l Imperial Oil (Canada) capital stock—1* Imperial Tobacco of Canada. 5 American Ireland 35 32% 35.3/e Insurance Co of North International Cigar pfd—100 Americ,a_L_; Mid-West Miller 15% May 45% International Petroleum Registered 32% Jan' r Jan Irving Italian *131 Monogram Feb 18 Mar 4% Feb 27 Jan A 900 13% 1,100 90 91 400 * 17 .1 v t c 4.40% 16% 17% 17% 17 17% 15 14% 15 cl A 33. *< lOYe 600 9 Jan 1% 1,200 2,600 1% Jun 1% 8% 8% 4 Jan 9 Jan 13 Feb 7 Mar 0 % May 5% July 54 July Jan 7% 56% May Mar 5 July 8% 12% Feb Jan 2 Jan Feb 7% May 9% 12 Va 13 1,000 11% July 16 Va Jan 13 3/a 14 4,400 12 Ye Feb 16% Apr preferred—* 103/4 10% 10% 100 10 Jan 11% Feb 25 Jan 27 16% 5 Ye 16% 17 Va 1,200 15% Jun 24 lioc 5 Ye 5 Ye 100 4% Jan -10 33 29 Ve 33 800 223/4 Jan "33 ■«*•* 30 30 100 27 Jun 35 _• —. common. IIIi preferred.—— Canada of Feb Jan Feb July Jan * 3% Jan 5% Feb 800 5% Jun 73/4 Jan 30 Va 125 14Ye 15 3/a 3,500 53/4 30% 50 33/4 53/4 153/8 6,600 30 Jun 14% May 101 Jun 35 % Feb 19% Jan 103% Feb 40 IIIi 38% 37 Ya 39 Ve 17,300 —1 Corp— Pictures common 8% 3% 3% ,_50c common— 4.50% Monroe Loan Society com class A. Montgomery Ward & Co class A—. Moody Investors participation pfd. 33/8 3 Va 33% 9,700 Jan 45 May 13 Va Jan 40 May 2Ve Jan Producers States Power States Tel Mt & Vernon-Woodberry Co _2 5/s "2% ~23/8 3% July 34 34% 125 4% 4Ya 1,500 233/4 2,300 common- .7.25 11% U Ve 11% 3,100 Tel ..100 100 100 20 5 5 common— .2.50 98 Jan 107 Mar 1013/4 Jan Jan 2 Ye Jan Apr 185% Feb 34 Jan 36% Feb 4y8 July 43/4 2% ' • 19% 16% 10% 99 • Jan Jan 233/4 juiy Apr 13 May Feb 103% Mar 35 21 300 12% 13Y4 21% 13 Ya 2,900 July 56 Feb 19 Jan 21% Apr Jan 13 Ye July 93/a 173/4 —10 common Jun May 165 1,100 • 23 Mills May 99 —10 Murray Ohio Mfg Co Muskegon Piston Ring Muskogee 1 92 93 lioc Corp of America 102 Va Muter Company 8,900 600 78% Jan 94 Jun 37% 12 Jan 20 Va May 12% May Jun N Nachman National 7% .: Corp Inc common——..— Bellas Hess Breweries if0i Jan 25 Ye May ~3% Fuel 1,300 15Y4 : 200 3 Ye < 4 200 2 Ye 3 4,700 19% 20 Ye Gas 13 Jan 19% May National 15 Ye May National Mfg & Stores Jan National Pressure Mallison 1% 2,500 May 93 Feb National Rubber 15% 15% 500 14% May 18 Feb National Starch 6% 6% 500 National Steel % 400 10% Ye Jan '% 5% July % July Jan National Transit Fabrics—Cooker Radiator 8 7Ve Jun 9% Mar Jan 18% May Co Car 443% 75 13 V* 5,900 8 Ye 9 800 3% July 2 Ye July 17Ve Apr 3IY4 May 113/4 Jan 8a/4 July 18 200 13 12% 12% 500 12% July Jan 5 Ye Feb 4 Feb 22 Jan 443/4 July 13 Ye Mar 13% 19 16% Feb July Feb 12Ya Mar 10 3/a . 10% 300 ' 13 Ye 143% 1,400 10 Jan 16 19 1,300 15% Jan 20 Jan 25 10% 13 Ye Jun 29 Ye Feb 17 ; Ltd common 14 18 common Machinery—* Products 950 13 Ye is common 20 Ye 44 common preferred National "7% v •: 15% 2 Ye common 11% May 1% Jun 2 Ye "7% "7% Feb 74% May 14% Jan 86 1,100 _50c common 1% 15% 6% Jan .100 cumulative preferred cumul preferred series B. -100 .100 preferred series C_— 4.80% ' National * 1 ; Jun r- com page 13% Feb 37% * shs__* 3 500 July 2% May 11% July 93% July 64% Mar .100 see 37% Mar 130 74Y4 10 Manufacturing For footnotes Jun 96 71Y4 w Chute May 95% 13% * Superpower Corp 5% 12% 73% L__ 200 73% May 17 13 Ye —— Mountain 28 9% July 13% 50 "3Ve * Jan Monongahela Power Co— 5% Mar 3Ye Mar 9% May 96 200 shares dividend Co Corp National preferred Air Jan 3,400 Minnesota Pwr & Light 5% pfd— lioo • Missouri Public Service common— Namm's Public Service Co— Iron Fireman 25% 7% 5 Ye 8% 10 Refineries Molybdenum 82% Mar 300 * coupon shares International Products Investors Royalty 3.90% 19,600 7Ye 10 13% July 13 convertible Mining • • common,— Wohl 4%% Jan Jan 10 5 Machinery International Hydro-Electric— Preferred $3.50 series : International Metal Industries Iowa & Feb 4,000 7J/4 3% July Feb 16% 50 3 ~3 Apr 16 3/* May 23/4 7% lOYe 1% Feb 343/4 <42% Jan Jan 13% 3 1 2.50 15% May 16% May 21 Jan 8% 6,100 3 1 Midwest Piping & Supply Jun 93/4 £1 Light 4% 18% Mar 4% Imperial Tobacco of Great Britain & & Feb .1 Midwest Oil Co.——.—, Feb 29% Co Mountain Indianapolis Pwr 17% Products— non-cum Midvale 37 2,100 17 15 common conv Mountain Imperial .1 ^.1 — Corp $1 * 15 16 5/8 100 Corp Mid-West Abrasive Morris Plan Illinois Zinc Co 20 133/s 7% Middle States Petroleum 14% May 15% Feb 111 Feb 44 Feb 5 Ye ■■■ Co 9% Mar 5% 23% July 106% July 2.000 3% /4'//"L 17 Ye 17% Feb 169 300 lVs 1% 19% July July 25 • Hygrade Food Products.. Jan /9% Jan 2% Jun Iron — :! 44 ■ Textile Corp common... Participating preferred Michaels Brothers, Inc Michigan Bumper Corp Michigan Steel Tube Michigan Sugar Co common— $2 25 '24 25% 106% 107% Jan 9% Jan 13% Jan 100 (Harvey) Inc common 5 Humble Oil & Refining.^. * Hurd Lock & Manufacturing Co—.5 SHuyler's common 1 Jun 140 25% preferred July x7% ;' /" 300 .43 % 15 L 3 , 700 .25;% — 14% Jan 1,600 > r 15 Va Mar 3% ,11% / Jun 96% Feb 70% Mar ~7% 12% 35 Metal ''"•'6% Jan •• lO'/e Mar 13% »■■■■■ Mesabi 11% Jan 3% 8% . 5,400 16 Y4 1 — Mfg Co 10 13% — w—. Co 2,600 12 % * 7% Jan'" 90% July / 600 3% • 600 67 4s 13% Merritt Chapmen & Scott Corp— Warrants /10 v ;'-"7% 12% .ll% Apr 15 July Hubbell 1st 113% May Feb 12% 13% III Diedging— Johnson Menasco 49% Jan 8% Mar 'ft; ^•6%-May,-- / 12% Mar.; 7i " Mead 11% Mar 33% />; 2,300'' ^ 23% Apr ■• ■ « ; B% Jaa • - l* common 41% July ... —' 13Y8 * 2% Jan 1% .Apr ,4.«,;JJ% Jan i.ioo 6% 10% McWilliams Feb Jun ' L700 Li/—_.i*; (Geo A) & Co... Horn & Hardart Baking Co.: 1 -.-3% Jun . ;V «, ^1 — Feb * 10% Jan 18% 41 11% Jan * 500 10 — Massey Harris common t*Lt McKee (AG) & Co class B. 200 '' /1,000; -2- Holllnger Consol Gold Mines— Holly Stores Inc Holophane Co common 5% V. tnva v — . '^' 16;v' 40 Shovel.x Jan May *40% Mar 0; v •• Ltd Co 30% - International Marine Power Jan 12% 16 • Mapes Consolidated Mfg Co- Marion common.: v.;5%%/-preferred :100 A% preferred kr.;wi—LLL—L! .100 Henry Holt & Co common—_LL.__. .__i & Apr 14Va July 12 1 —_ ' :" ?/f-i,ooo' 15% .'6% - v"; A Hormel Jan 32 % Mar 16,600 14% —la Macklntosh-Hemphill 26% Mar 10 ';V» **J*r'* 27- 33% Heller Co common.i_Ai_.___L——_. Horn 30% Mar Apr M Feb Jan Jan ■/-_*; 40 :■»* Hlgble Mfg Co common 1 1 5% convertible preferred. ..—*10 Hoe (R) & Co class A——2.50 . July 20% July 24% Jan —1 Corp... Apr 14 Ye 10 Ve ...10 Exploration.^ May 29 Va Jan 3% 46 ,r*2 2 commons. Mining Co.. Border's. Ino Feb Jan 136 Va ^ 22% 200 * >/;!%: "&XW r;, !!: .1:2 /Hercules Steel Products.. ■ 19 23% Mar Jun 13% July 29 (Texas) Apr July 83/4 100 143/a 22Ye —2.50 L.Is Co 27 173/e 9 Va 13% , — * Star Feb Jan . 26 Jan 8 10% 17% • class 9% 116% ./<y •' ■■ Z-S—ZZ2_. -Hazelttoe ■-/ Feb 1,100 —1 ..... Chain 23% 128% /600 23% rjj »{■: Hammermill Paper common.....!.. "~5rHartford Electric Light—. Hartford Rayon common Class 13 4,500 —v Inc Longines-Wittnauer Watch Co- * "23% x -Hall Rubinstein Feb Jun 5% 1 B Jan 12,400 -2 ■/y* Helena 14% Jun 3% . 8% 5 —. Communication Dept Stores July 9% 4,000 7Ya .—10 common Steel Marconi Hecla Jan 16% Mar 4% Co common Jan 250 . Hearn Jan 4% Cement 10% Mar 110 2% 2 5* common. 12i ; !L " * Brewery!—Li!—2. Brewing Co— Apr It'S 10 Ye May ' 3 Ye • rHarvard 31% , ■' v Gypsum Lime "As Alabastlne—..——!_*;''■ " Jan ' —5 Groceterias Class Locke Feb T% 9% Apr 5 83/a University., common Loblaw Mar Jun H * 5 Machine.— (R G) Corp New Jan 32 14 2,700 Jun 1 Delaware Portland Tourneau Lionel Feb , i! 20 Va - J 13% 87 48% July 200 : 3 Ye 28 Y4 Mar 1 Liberty Fabrics of N Y Jan Va. & of Salle Extension Le Jan 5,600 1,900 9% 8 — Ltd Monotype Lefcourt Apr '/■!' 20 33/4 3/4 Apr 3% ■10 . % 52% 29,% -»> — Foundry - 78 Mines Corp La Jan * "30% 49% 20 37 % Jan 28 3/4 I Inc Lanston 20 15% Jun 51, • Shore 37% July 17% Feb r Jun May 34 600 35/e —5 Company Apparel Lamson Feb 35 i_, Products L'Aiglon Jan * 51" a Paper- —__25 . 10% 1,500 'jf'V .. 7% 1st preferred—— _!_'^'_r_-100 Great Lakes* Oil & Chemical Co—Ll -Western , - vGray ^Manufacturing Co Jan 6,700 16 V* 23 ■4 . .Great Atlantic & Pacific Tea— 4% Jun May 9% c Laclede-Christy ' 1 — 14% 1083/4 7% 27 Ye Jan July 20% Feb Jan 4,900 — 3 Ye 28 _33%c Co 105% July May 153/4 Mar Jan 27% —7.50 Co 9 26 Ye —II10 Co ± Forge Brewing " : Jm Jan / 7% July July /r: 100 15% 23 Rapids. Varnish .Griesedleck 11% Krueger 108% Mar Jan 16 common Stores (The) May •• 115' Mar 5% " "200 V * Manufacturing Co__50 ,Gorham Manufacturing commpn L4 !Graham-Paige. Motors 5%. conv "pfd—25 ,Great Northern 15 19 101 26 Va 5 $4.50 prior "preferred Goldfield Consolidated' Mines! common 14T/e » .Goodman Non-voting . 11 ;ii— Gobel (Adolf) Inc common—„_11 Godchaux Sugars class A _♦ Class- B -r——•— Grand . - •*' Globe Union Co Inc— , - — Coal pistilieries IV* 7% • 4 Co (I 10 > 29 33 8% July 5% Jun 108% Mar 3,306 i7%i' %iv;; «.: _____ I July' Mar (D Emil) B) Rubber Knott Hotels Corp 25% July 106 "112%. Jan , "i% 1 common—-—. Gladding McBean "4% ^•'•■~4.% .♦ 8% Jan :W 2% ; ■ ,75 /«; 1. Giant Yellowknife Gold Mines Gilbert / 105% 105 V\ • Kleinert Apr 200 Ye — 1 Feb 12% i>;119.% 115 — 1 Jan Jan 3% Jan 13% 8 Ye 27% 1 i, 4 99 _"_V- Gerity-Mich Corp Petroleum 8% 108% Jan ' 1 ————_ 23 7% Jan 18% Jan 900 106 "...L—;/•■ —. — Kirby j July ■ Power 7 Jan 7% July , '*• 8 * 15% — — — I—50 King 2% July 19% May 500 ..: Apr 12,400 102 ' —— • 8% Jan 2%a ..v-2% - .... Jan 22 Va 900 • —100 common.. cumulative preferred Seeley Corp Kingston Products Jan 2,000 £1 — preferred 4% Feb 100% ;• General Finance Corp 5% pfd A General Fireproofing common!. General Outdoor Adv 6% pfd Georgia 18% Jun 7% ——25 V - July 5 : /V;2% .. com—11 Corp convertible preferred General Electric Co Ltd—•' Amer dep rets ord 4% _1 5% , 16-% 94 .1 —. i General Acceptance Corp—__ '• General Alloys Co L_ General 16% 100 : Gellman Mfg Co 16% 33/4 Jan 13 13 Va I"—5 . Kings County Lighting _• a Feb Jun 27% —- (Walter) & Co— 4% % Power 23/4 lYe Kimberly-Clark Corp— Gatlneau Feb JUTL 4 Ye Mar 26 • ■ 5 4% 100 - 26% 1—5 Kennedy's Inc. Key Co common Kidde ; 38 20% —J• - 7% Feb 1,400 33/8 —1 common Kokenge Kalser-Frazer Feb Jan 8% 39 - Range Since Jan. I Low High High Jan 1 ... Low Jun % May 10% May Co Lake Sulphur Co O'Mahoney Inc Julian American Glass Jefferson Jerry Jan Shares Jan Ford Motor Co Ltd— American deposit rets ord reg Ford Motor of France— for Week Pif 32% May 10 Ye Feb Jan Sales Range of Prices Jan Jan 3% 700 —1 62 V* Week's Last ■ale Price STOCKS New York Curb Exchange 1 High May ■■■■' non-voting voting B Friday Bangs Slase Jan. High- 61% . 3% preferred. —1 Ford Motor of Canada— A 62 .10c *. Flshman (M H) Co Inc Class Low „10 First York Corp common $2 dividend cumulative 27 for Week Last . . . JULY Sales Friday I "3 Ye 3 Ye 1 Ye 500 8 >/4 3% Jan Jan Feb 31 The Commercial and Financial Chronicle, /, (388) Monday, July 30, 1951 . . if V.'' NEW YORK CURB EXCHANGE RANGE Week's Range of Prices Bale Price i England Tel New —20 25 ,—sl 1 preferred jersey Zinc— New Mexico & Arizona Land New Park Mining Co convertible 4%% New New York Co Process New Co York & York Merchandise— Honduras New York 100 4% Jan 4,470 93% Jan 2% 6 66% 9% 2 — — 10 3% July shares Founders 17 700 2Va Feb Rowe Jan Royalite 5% Jan ____• ,_ 5 North American Rayon $3 preferred_50 North American Utility Securities • North Mines Central Northeast North May Ryan Aeronautical Co Consolidated Petroleum 4 Jan Ryan Jun 9% Jan Ryerson & May 77% 8% Jan 11% Northern RR Ind — Jun Jan-; / 1% 3 72 8 Jan 100 31 Jan Serv 4%% 5,900 ,1.000 — 16% 20 % Jan 16% July 15% Feb 20% May li« s Jun 2% Jan 44% July 49% Jan 100 3% July 95 13% 16% 17% 5% 4'A 22% May Jun x88% Jan 6 Jan 1,100 20 94 12% Jan 400 Feb 90 94% 13% 12 Apr 1,400 20 pfd„100 Northrop Aircraft Inc Novadel-Agene Corp < Jun 14 3 90 6% Feb 90% July 102% Mar 330 93 Va July 4,600 11% July 17 15 Va 19% May 900 Apr St Ohio Power Oklahoma Okonlte 4%s B Natural 100 -15 common .25 Schick (D Securities Can Co 5% 5% 5% redeemable Pacific red div Pacific preferred cum Petroleum Power & Pacific Public 1st Pancoastal t c Tubes Oil i w Panataper Oil Paramount Parker Pen Patican Penisular $1 Co___ Telephone Penn Traffic Pennroad Penn & Boys 8% Jan 11 31% Jun 36% 29 Jun 33 Feb 26% Jun 31 Mar com___ pfd 26% 600 Tire & Rubber Jan 29 Apr Soss Governor Johnson Pioneer Gold Ltd Mines Amer Penn 102 200 97% Apr 106 Vb Mar Southwest 160 97% Apr 106'/a Mar 7% 30,600 95% 50 Apr 9% Power Corp of Canada 6% 1st preferred— Pratt & Lambert Prentice-Hall Pressed 51 Jan 4.32% Inc cumulative 15,100 10,400 126 17% 29% Prosperity Co class Providence Jan Southland 44 Mar 39% July 21 Va May 24% Mar 27 29 "5% 14% 15 600 ,! 5% 13 Va 36% 950 3% 3% Jan Jan 200 Standard Forgings Standard Oil 22% July 29% Feb 15% Jun 19% Apr Feb 19 V* Standard Power 112 Jan x41 Mar 3 Va July 500 4% Mar Common ; & class 15% 54% 68% 400 64 V* Apr 74% Jan 200 13% Peb 16 Jan 15 600 U Feb tt Jan 20 18% May 23 % 11% Feb •• 1,000 9 4% 21 % 1300 700 4% 4% Mar Jan 21 Va 200 22 1 in 1% Jun 28% Feb Jun 4% Jun 1,500 2% 2% 2,200 1% May 2Va Jun Tube 4% 2,700 6 % 300 49% 43% 49% 8,400 4% 9 46% 47% 27% 27% 5 Steel of Co Stein (A) Co 27% 44% Aluminum Brewers Feb Stlnnes 58 1,530 JUn 65% 39% 40% 1,700 33% Jan U" 7% 7% 109 7 July 9% May 3,100 3% May 8% 1,500 Feb 32% Mar Jun 30 Va Mar 25 Vb 800 23% Jun 28% 24 % 100 24 Vb May 47% 46% Jan 4% July % Jun 5% Jan 400 5 1% Feb 8% July 12% May Jan 21% May 9% 900 20% 20% 20% 150 20 300 3 3 2% 15 1,700 39% 1,400 37 6% 36,100 6% 300 1% 100 5% 4% 5 £4% 4% 4% 5% 1; Stroock; (S) Jan J,an 19% 13% 2% 2% 14% , 1,600 2% 7,600 102 Mac Jan 43 Jun 100 99 . : 99 33% 35(4 14% 15 12% 96 Va Feb 3% 9 10% 25 300 Apr 25Va 250 12 35% 10 12 7,500 com. 24% 50 15'A Jan 104% 6 Jun 7 & Co 26 Apr 16 May July 8% Feb 3% Jan Jun 5% Jan 225 18 Va Jan 3% 4,200 -1% Jan ; 21% x20% 700 4% 4% 7 100 4,200 - 3% 4% July 200 3% July Feb 34% 1 Feb- 5% 23% 20 May 3 Jun Jan 34% Jan 18'A Jan, Finch Apr Oil Corp Tampa Electric Co Technicolor Feb Inc Power 9 Thew & Shovel Thiokol • common pfd * 300 20.% 6,200 75 • v Jani. Feb 4%« Jan- 18%'Muyv Jan Feb Thor Apr Thorofare Corporation 19 VB 1,100 11% 12% 8,200 •; 15 Vb 15'A 300 18% 19 Vb 11% 16 % July 19 20 common Markets Inc : Realty & Construction & 6% Feb Feb .. 14% v Feb 12% July, Jan- 'i 12% Jan 25c 22% 112% '22 *" '« 17% May-. v17% May Juh 1 Roling Inc Allied Stocks 9'A 9% 9% 500 7% Jan 10% May.. 1 19 % 19'A 19 Va 2,300 15% Jan 19% 84Jun • 91 v Jun Mar Tobacco Security Trust Co Jan Ltd— registered__£l Amer deposit Amer deposit rets def registered Todd rets ord Shipyard Corp Toklan Royalty Toledo R Edison common 70c Corp 4%% 5s 20 preferred 100 6 1 1 50% 1 4% 4% 97% -- 100 50% 47% • 4% 6,200 3% 95 75 98 6% ■* Feb Mi Jun 1 Jan 53% APr 41% Mar 950 Jan 5V8 May Jan 105 Apr Feb Railway & Light Securitiescommon 10 Railway & Utility Investment Packing Co common I_1 A Rath Raymond $3 Concrete convertible Raytheon Pile 10 • common ZZ* preferred Manufacturing common__—5 Feuding Tube Corp class A—__6.25 Reda Pump Co ; Regal Shoe Co Reis (Robert) Reliance Electric Rice-Stix Richmond Co — ■ 24 28% 17 2,100 — 1% ■ ' — - m. 250 24% 24 Jun 25 Jun Jan 2% Jan 26Va July Jan 200 22% Jan 30 Mar —- 55% Feb 60 May 12,600 8'A Jun 12% 6% 28% ' ' - w— ' „ 9Vb — 8% 9% —- 5% 7% 4 , 5% 6% 5% —— 4% 4% 1,400 Jan 4 400 Feb € 2,100-r. v May 1% 23% 3% 1 2 100 — Jan Apr 8% May 4% Jan v 22 400 Jun 2% Pendleton pfd F common Royce Ltd— Amer dep receipts for ord Rome Cable Corp common Roosevelt Field Inc reg Rotary Electric Steel Co For footnotes page 33. 3'A July 4,400 3,Ttf July • 2% 2% 1,500 2% July 4 3 3% 79,600 2% Mar 3% 23% 23 23% 500 Jan Jan 19% Works convertible 17% 17% July Jun 20 Jan 16'A J,000 24 Jun 24'A Mar 17 17% common preferred Feb 15 Inc 80c 23% July 30 % Mar 31% 31% Apr 37% Feb 3% Jan 23% Max 8,300 3 Jan 4% Feb Clen 2 2 Vb 2,800 2 Jan 2% 200 U "• Corp Chemical Corp 93% - , Feb 92'A Apr 103 Feb Union 34% 93% ; Jun 43 Mar . £1 12 5 16% 5 15% 16% r A-*;',} 14% 14% ;;•* 400 43% 43% 44% 2,400 . 2,800 12% 9% Investment Union Oil Co Co.*— —5 * 19% 7% Jan 4% Jan 8% Mar 1,400 .500 16 Va Apr 19% July r.7% .50c }7V» ,feb United Corp 51% United 93%. Elastic 94 ,*25 7 Jan 8 t^.92 Jun 103% Jun 5 Jun .100 Jun Jan 1 73 4 )'•' United 18 ; 6 VB 19% 19% ; May 12% Jan Jan-, "5% 6 Feb Apr of California— $3.75 preferred series A Union Stock Yards of Omaha May x38% May' % 1,300 .10c Realization Union Gas of Canada— t—-7—r—see 3ft 2 Vb May 3% warrants Corp Tung-Sol Lamp 3% ♦ 10 3ft ' 1% Mar 1,300 2% Corp Temper Trunz 23% Rolls 1* True Unexcelled c Inc Lux 1% Jan Gas Co— t Rochester Gas & Elec i% » Trans Tri-Continental 31% Valley 1% Tonopah Mining of Nevada Trans Empire Oils Ltd *'• T IIIIl Radiator (Texas Corp) & ; ■ ' Engineering—IIII5 & 18% ' «... 24% Inc Rio Grande Roeser IIIIl IIIIIl . & j xl8 Vb 18% r Feb 40 ... 102% July 17% Jan. 102% 104 5 common 36% 19% 20Va 104 1 Co x36% x36% • common. Light $4.56 Corp 17 12% 4 Tobacco Voting " 22% , • 150 1,200 11 22' - 3 Va ■ . 22% May f Jtuly *; 20%-Juiy-'' IIl5 22 ^3% Jan 21% 3 Swan 33% Jan 1% July 1 % 3% 21 Jun x22% 3% 1% 3% 21% common 5% Mar May 700 7 * "l% -10c Jun Feb Jan Mar 35 % July 12% July • Jan 28 100 _25c Tishman Co 7% 14 Va Mar 400 29 15'A ' • 5 Apr 5% July 4 400 24% 15% Sun Ray Drug common Superior Portland Cement, Inc Superior Tool & Die Co Texas common 10Va 4Va - 5,400 - Feb 7% 168% Jan Apr 21% Mar 7% July 8% Jan II Feb 8% Feb 12% 13Va July 2Va July • 41% Jun July 11 ' 1 25 Jun 34 2.50 Jan 98 . Jan Mar 8% Stop & Shop Inc Feb 5% • May . Jan 17% 5 Va July 1,600 6 28 % ordinary Corp Jan 12% Jan 20 Jan 14% 38 % 6 3% May Jan Jun 17 13 % it May 50 Apr 5% 8% 38% 6% Mar May 4 1,500 ~"y. • Feb 26Vb Mar July 44 % 1,400 % ~5% Products Jan 29 27% 24% Co common.. 4% 7% July 18 29 700 Inc 26 V4 3% May __ 47% July 700 45 Vb May 7% Jun Jun - 30% 3% (Hugo) 56 Vb 40% 23 28% ~8% Co Mar Jaa 26'A 300 'Mar 49% July 24% 25% common Sterling (J B) 57% 8 1 , 28 28 Vb Corp Sterling Stetson 56 3% Jan Jan- Apr 11% Mar " Jan 160 Canada & Jan ~2% 6Va , 30% 6% Corp Sterling Engine Sterling Inc 2% Mar 79% Few. 16% Jan 35% 100 6 B July -' Jan * 600 10 - JunH 20% Co—— class (The) Feb 4 Vb ■ Starrett Jaa* 66% MarH T4i r'~,( Jan 7Vt July 8% 4% 9 •:•»/>• 31% Mar . Jan- -— Standard-Thomson v Juri- ;'12% 8,900 9% B 13% Jna *•35% Feb* Hi 35% Mdr. 4% Light common- $7 preferred Products 13% 21"% Feb ^48/b July~5% 1,700 13% 10 " 20 " 10 common Corp Standard U Feb 8% 4% JUly' 200 8% preferred— (Ky) 2JL% 1 Jaa 25 3'A 2.78 Corp convertible 67% * Feb 70% 109 104 % May 200 ~4% 58 4% preferred Dredging Feb Jun 33% Convertible Standard Tilo Power . "4% 4% 47% Co __ • 35% May Jan Jan 30 17% Corp $1.60 Apr 105 175 Shoe Spencer July 6 July 3% 100 4% Pyrene Manufacturing Quebec 17% 56 Co Royalty 15% May 6% Jan Jan 4,600 4% 35% III—"I Co 29 Va 61 % .300 1,650 22% % ~4% Standard Cap & Seal common 50 7% _ 8Vb May 4 Stahl-Meyer Inc Standard Brewing 1,100 40 22% 4 Va 4% % cumulative preferred—. Puget Sound Pulp & Timber com 66 57% 25 25 25 25 2 preferred Feb 6% Public Service of Colorado— Pyle-National 32'A 25 preference Feb 75 July 7"% B Jan. 5% 8.OOO July 44% May 19% Feb 4% July —lOO Gas Feb 13% Mar Southern Pipe Line Jan 7% x20 Jan 50 60 800 4% JUn convertible Jun 4% Jun 12 750 1,500 51 6% May 2% July 5% 16 % „ 25c common. Jaa 16% Jan - cumulative preferred 4.( Jan 2.50 Corp of Nevada 1% Jan -- convertible preference %T ~4% Metals of America Producers Jun ' original preferred cumulative preferred 4.< May 3 J/« ; Jan Apt " Jan 4 .35% 1 7% Mar 5% 10 24 47 109% 110 10 >i 4% 1 _£ Line Pipe Pa Jun 5 common 15 Vb Mar • 12.50 4.56% 1,400 5% 4% -jr*- Co 2%" Feo Jun 10,900 "4% 4.88% 50 Pneumatic Scale common ____i Polaris Mining Co Powdrell & Alexander common Jun 2% July 27% -20 common 5% 1 Railways Co Pleasant Valley Wine Co Jan 12 1,600 1% 32 common Co Oil Apr 100 4% Pittsburgh 5% 9% Feb 34,600 44 1 Piper Aircraft Corp common Pittsburgh & Lake Erie Pittsburgh Metallurgical common 20% Jan 18% Apr 5% 3 4% __ Jan Jun 200 lVa -- 15% 7ft Jan 48% ~5% 1 : Jan 2% 1% 1,500 Southern California Edison— shares Ltd. 39 Va 1% July' 6,200 3 2% 6% Coast Corp 50 10c common— Plnchin 1% 13'A 1% 13 105% 105'A Manufacturing common South * • __ Pierce 2% Jan 29 100 4% South 39% * 1% July 900 1% *6% Corp Feb __50c common 5,600 33 x65 Co Aircraft Solar Sonotone Standard Pharis 1% 1% 32'/a 14% Feb • Philadelphia Co common Phillips Packing Co Phillips Screw Co Jan 22% preferred— Simplicity Pattern common Simpson's Ltd class B Singer Manufacturing Co Singer Manufacturing Co Ltd— Amer dep rets ord registered Smith (Howard) Paper Mills— 28% 22% Pepperell Manufacturing Co (Mass)—20 Circle Corp 2.50 11% $3 convertible 28% — Perfect Jun Slmmons-Boardman Publications— 26% Mar i (The)—__; 8% Jan • 25% 15% 100 1,300 -- 300 42% 14% 9% 65% Co common 2,800 4% i A 9% - 5% * Apr Feb 400 2% 2.50 class Mar 300 • xl8% x20 50 3% Canada of 27% 4% ' __ Jan "7% Shoe 28% 2% 25 common Electric Penn Power & Light 4%% Penn Water & Power Co Pep 900 30% 48 25 Co Corp Gas common preferred July 1,700 9 33% ,28% 5 • preferred— Feb 18 Mar 15 200 • . 21% _i 2% > 21 May 2 cumulative 250 1,300 July —____5 Ltd cumulative $1.32 2,000 28% 5% Rig & Reel— Plymouth Mills— Co 32% July 99% 102 x29 43% 1,000 100 44% May -7 ft i Parkersburg Patchogue 4% preferred Sherwin-Williams 18% May 34% Mar 102 1 Bol Corp 3% 32% _25 common 8% 9% 14 _l Bol (C A) Amer shs Motors reo 3 May 12 Mining Denn 26% 48 4% "7 Jan 113 Jun x95 ___1 Bol Jan common Silex 95 common— (C A) v t c 3% "l% Shawlnigan Water & Power—: 42% • new Leather Feb 7ft - 2,000 ,13% Apr 28 pfd____lu0 preferred Page-Hersey V 5% common 2% 3% — Sherwin-Williams May 36 • Light 89 5% 10c Safety Control Corp class B 23% l Service 44% May Jan 26% 13 VB Mar 28 • Jan Jun 1% Sentinel Radio Corp common 15% x30% 102 102 Jan Ji 3 17% X32% __ Juiy 6,300 13' Selby Jan 18 x26% • _• Ltd Pacific $1.30 i25 " 16% ' Lock & Hardware Shoe Co Semler (R B) Inc Segal Jan 17% • 8,700 7 7% Jan 1 — 14% July 19% ~ 1st pfd series A___25 preferred 25 $4.50 preferred _• 1st Lighting $4.40 - 25 44% 33 Seeman Bros Inc-—— 11% 8% 25 preferred redeemable 1st-preferred. 5% July 1% 100 41 x33 x30% 1st pfd„_25 4% 1,100 1% 500 38 ;'v£> 8,700 3 common—.—— 13 ,_5 common 1st 4.80% : 6% 5% General. 14% 19 V 6% 5% 3% Corp of America class A Sicks Breweries Ltd 40 —1 Pacific Gas & Electric 6% 5% % 1st preferred Co Feb 55% Jan 28% 300 9 —1 O'okiep Copper Co Ltd Amer shares Pacific Jan ,105% July 1,500 42 9 .1 Jan Apr 53% Inc common A) Steel Securities Corp 14% • Jan 10'A 7% July 300 % Inc Schulte Scullin 12% /■'<«.«- • Feb 10 8% 1 42% * Jan "At May 48% 340 32% 31% :39 ' ' —5 Filters class B Inc Overseas 275 " Olympic Radio & Telev Inc Omar 500 106% 108 ' ■ 32% Gas Corp Oliver United % 51% 50 14 Vb Jan 42% 6% 5% * -25c Corp common & Sayre Shattuck ft * common preferred Company Town Old class Jan 9% Corp Ltd common—— preferred 49 United Oil Inc (Del) Fisher Brick Co Savoy Seton 50c common Co 11 Vs 8 t . May O Corp Brass 6,900 convertible Sentry Ohio 9Va — — 1 Haynes common Lawrence 1st Samson Serrick Ogden High Jan Juiy 9% May 37% Jan Jun 15 2,500 19 Vb 4% <..50 9% 200 16% 17% 1 ft 45 % 3% 19% 5% 1 . Low Mar 81 Jan 150 200 200 • . 8% 13% 8'A Jan 15% — —5 Oil Co Pub . 1 • 8% 13% 300 Feb 2,400 4,100 13% 1.25 118 5% — • Co Ltd Russeks Fifth Ave common Range Since Jan. 1 High 8% 1 Corp common Oil 62 Va 81 9% 33% 9% 1 Texas Airlines Penn — (The) 250 2% 16 16% lft 45 % 3% 10"% 17 % 1% Low Par 20% Jan 15% — 5 common — Nipissing 1 — Niagara Share Corp jNflles-Bement-Pond — Shares SVa Shipbuilding Corp— —10 for Week 5,800 6% 09 10% 2% 77., 9% 33 SVz „ 10 V« 9% Rosario New 1,400 , 09 common New 19% — ——• common- Auction 3,500 4% 4% 113 Va 114% — Sales Range of Prices High 18% 114 } 2% 1 Watch Co Clock & New Haven 1 ——100 Tel & LOW 3% 19 2.50 Neptune Meter common Nestle Le Mur Co common Week's East Sale Price Friday 3% 3% 30c Radio Union National 27 New York Curb Exchange Range Since Jan. 1 High Low Par JULY WEEK ENDED STOCKS Shares STOCKS New York Curb Exchange FOR Sales for Week Friday Aircraft Products common —■ ~5% warraptsj. Corp 5% ~5% 4,660 irf ' " 33'A r— 3,} 33%; 1/64 Jun t'l 82% July -rr-rs Jan 76 Va May 6% , Jan .%.Jan 39% May , Volume 174 Number 5033 The Commercial and Financial Chronicle . (389) 33 NEW YORK CURB EXCHANGE RANGE Friday STOCKS— " Week's Last Range *: FOR WEEK ENDED JULY 27 Sales Friday for Week BONDS ' New York Curb Exchange Sale Price :7- Par'-' ? United r75c Milk Products United Molasses Co Ltd— Amer RR NJ Profit United 10% Sharing 25 ' US Foil U S and $5 1st class 25 Radiator U S Rubber 38 Universal Universal Utah-Idaho 50 4% 5,000 41 Ye 300 36% ♦ 1st mortgage 3s 1971 mortgage 3y4s 1968 ia/4 800 37'A 40'% 11,800 5,600 5% 88% 5% 5% 88'A 90% 8"% 1,400 5 4 5% 1% __ 5% Jan A6%s 49 % Jan Afe%s 2 s 4% * 6 Ye Apr Safe Feb San 92 5% 5 28 Va 2% 2% 3 2% July 9,300 1st Pow & series and A Counties •1st mortgage Gas Gas 3s 1965 (Calif) 1 $4 convertible preferred Vanadium-Alloys Venezuelan Steel Syndicate 7 * 24% 1 Inc 8'/a 4% 1,000 15% 15 Va 100 9% Jan 96% Feb Jun 25% Jun 10% 98 99 98 — *99 101 % Gas Jan 102% 100'A 105 101 Va 100 * 99% 104 98% 105 98% 103 — -Jan-July El°ctrlc & 99 104 98 % 100'A *100 __ 100- • 100 Ye 101% 102% *98% 100 3%s 1970—Feb-Aug 101% 102% May-Noy April-Oct 3rd stamped 1946 (Hugo) Industries— 100" 98% 100 105%- 97 65 100 95 70 32% Jan-July 94% 84% 34 *93 69 Jan 5'A A7-4s Feb 7% Apr '3% Mar 2,300 4y8 • July 23% 400 8%' 20c Manufacturing—' 25 103% Jan 82 5 Co Petroleum Venezuela Vogt 800 165 100% *101% 104 Feb-Ayy <A G) & Bros 5s 1989 Starrett- Corp Inc 5s cell trust 1966 Stinnes (Hugo) Ccrp— common 105% __ 142 101 % —April-Oct Spalding Corp 104% 99% *100% 101% Jan-July * 1973 3'As 1970 1971 3s 101% 101% *145% 152 May-Noy Mar-Sept Mar-Sept 1952_, B 3s< secies B Southern Mar 3% Jan -July Corp 3s 1981 6s Edison California Southwestern Valspar 98 1 5 Co— 1973—, ref M Southern Apr 38 Jan ;3%s Feb Lt California May ■ 106% 104% "l 98% 99% *63% ■ April-Oct Harbor Water Power Joaquin Southern Jan 3>/4 31% 300 37 *30 5%s series A 1952 9% May Jan 36% 98% High 101 99 !■ Apr 91 36 __ Low 100% 99% 1960 44% Jan 25% Jan. 1 No. 101% 101% Jan-July Range Sins* Sold 103% 103% J100 1960—April-Oct coupon coupon Jan Jan 75 1940 1947 2% 1% July 26% 103% Jan-July 50-year 6% debentures 1998 Queens Borough Gas & Electric— Mar 26% __ 1 1 Public Ser-vice Electric & Gas 3 % May 7,300 2,000 Oct Oct ex Apr 86% Mar 8 with 15% • Jan Bonds High Hydro-Electric Co— 41% Mar : 62 10 Sugar Jan July Piec'mont Low June-Dec 1 Friday's Bid & Asked —April-Oct 1970 Feb 1% July 350 8% ' 3'As 18 28% or Sale Price April-Oct Lexington 1st mortgage 3s 1964 ' Pennsylvania Water & Power 3'As 1964 Mar ft Jun . L——10 common Power 1st 4% July Jun 39 1% 40% _10 Co Products 5 "42% 37% 1 Oil Ohio July 248 Jun - 200 5 . * Securities, common Insurance Universal 221 : % __ 1 B Consolidated 10 12 % July Raclaiming Co___ 1 Corp common—..—^_50c United Stores 24 3% May __ Week's Rang* Last . Period - 11% May - Feb 7 41V2 5 41% —10c Corp International S " 222 1 preferred with warrants U Jan .. Interest Exchange High % —25 Co 23 20 i __ 222 ; 10 Conditioning 8% New York Stock Park Specialties common Air 8 675 24 ■ „ „ U Low 10% 24 .4 —100 Preferred United Range Since Jan. 1 vf7;7. ■ common Shoe Shares High 9% __ __ common, preferred Machinery United 7 , - * __ Canai— & Low registered new— rets ord dep United * common preferred participating of Prices 13% Jan 16% Stinnes A7-4s Temi A 6 Jun 2nd stamped 1946 April-Oct Hydro-Electric Co— %s with A6%s ex Aug Aug 1 1940 coupon 1953 1947 coupon 1953 1 Feb-Aug __ Triborough Bridge & Tunnel Authority— 2%s United Waco Aircraft Co • Wagner Baking voting tf. ctfs ext • 7%, preferred. -100. '$2 & Bond Inc cum 1 ——1 t v 6% 1% Manufacturing West Texas Utilities $6 Western Maryland Ry Western Tablet & .—.1.25 pfd 7% Inc Whitman Wichita V/ickes (The) Williams Wilison CI (R Corp Co preferred x 6 Ye 7 Elec Wisconsin Woodall Jan 114 191 & Lt pfd Newspaper „ 41 % Feb 21 Jun 25% Apr 25% Jan Jan 23% American 5'A Jan 15% July 8% Jan 19'A 15% — 5% preference— Wright Haigreaves 1959 Feb-Auy Agricultural Mortgage Jun 107/a Feb Jun 14% Jan A20-year 7s April 7y» Jan A 7s Jan 16 13% July 18 20-year Bogota Feb (see Interest 37 33% Jan 43 99% 96 y2 July 105 ■ Jan 13'A 13% Jun 15% Apr 24 25% 14 Apr 26% July (Col) Bank 7s Danish Cons 4% Jan ~1% Juiy 5'As 5s Ltd i[ft • Friday 7 !'• * ' ALima April-Oct ' • Interest v Last Period ' -Y ' , Boston Elec Steel Edison Aug ' 2%s 1970 f or le Price Bonds Friday's Bid & Asked - * ' I Low / —_June-Dec 1998-/ 1 series A Range Sine* Sold High ;■/ 103% 104% Quar-Feb 1970 *150 June-Bee Chicago Transit Authority— 7f -13%s revenue series of 1947-1978— Delaware & Jan .1 No. ' 160 Y Low f il High 99% 43 107% 158 Ye 166 98% ;98 % v 20 95% 103% 95% 96% 34 92% 103% 96% 1948 June-Dec Gas Lt RR & Mar-Sepf 99% ■ Ercole Marelli Elec Mfg Co— *AC%s with Nov 1 1940 coupon Finland 5s Nov ex 1 1947 Residential stamped Green .Mountain Guantanamo & 3%s 1963 flnternatlonal - All issues 51% 1955 6%s 78 9 9 56 V* 71 91 19 31 2 1952 __Jan-Ju!y (Peru) 6%s stamped stamped (Plan A)— stamped June-Dec reduced to 2%s 1 64 78 •• •:; 9 5% 21% 54 *54 39 57 '*54 April-Oct AMcrtgage Bank of Chile 6s 1931 ' June-Dec Mortgage Bank of Denmark 5s 1972__—June-Dec 31 37% 42 - *56% May-Nov (issue of Oct Parana stamped Interest 1927) 2 c/o Rio 13 interest de 1947 48 June-Dec 1958 —. *No eOdd-lot principal, ■ 51% 51% *80 *38 40 56 56 '■ 51 ■■ ■ 84 • 51% .. im11 83 : ,.— '7 !39' 41 1952 thereafter. & Mar-Sept - and Due 1997__Jan-July (Plan A)*— 2% 2012 Jan-July 31 31% 250 34% 34% 1 .26 31% stamped to 6%s 1919 Jan-July 3% 3% 3% June-Dec value, a transaction n 3% •3%- 3% 33% •71 ^ 2 3% .2 ■,7. 113 • 35% 3% Deferred delivery transaction (not included in year's range). d Ex-interest, (not included in year's range), f Ex-distribution, gEx-stock dividend. hExtransaction (not included in year's range), r Transaction for cash Under-the-rule included in year's range). Ex-dividend, x *Friday's bid and asked prices; 57 being — y Ex-rights, z Ex-liquidating dividend. sales being transacted during current week. no traded flat. . ■ § Reported inrReceivership. 70 99% 97% 72% 104% *52 58 53 53 *44 48 44 106 44 61 69 , ; , above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬ tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "v t c," voting-trust certificates} "w 1," when Issued; "w w," with warrants; "x w," without warrants, ? 106 93% 100 - Abbreviations used 50 99 -~- 1953 Government A Bonds ;, A) — 2%s 2008 1951 reduced par 103% 112% 74 *99% Jan-July , 64 99% 53 Y *71 to 1921 107% __ *30 •v— in in Janiero 4 (not *63% (Plan reduced (Republic of)-- '4 Power Sec— 11% 91 78 7s stamped 1951 Mortgage Bank of Bogota— 7"A7s (issue of May 1927) 1947 — Western RR— series A Icoupon on) aex-coupon market - | Mar-Sept A6s ' May-Nop Bank— : Power 82% 54'/a 73% 62 8 99% 99% *107 % 109% May-Nou 1953 coupon Mtge 1961 1953 63% 50 May Jan-July 1956 5s 63% . A6%s 90% :CY YY 7'V; 31 A5%s ■' 4s series B 1993 Fuel 3y2s 1965 & Water *56% May-Nou Feb-Aug T *39 ARussian / May-Nov mortgage Eastern 81 82% May-Nou 2% % —Jan-Jttly Western RR— »Lackawanna of N J Division— V" 1st mortgage 4s series A 1993 Elmira • High 81 — 1958—Mar-Sepf Peru i L 1st *82 2008 Interest Lack ,7 Low ' U Power -3'As 6s *82 Jan-July City Maranhao -A7s Week's Rang* ' Bethlehem Jan. 1 No. of)— 1953 AExternal IIS Jan Range Sine* Sold Municipal Loan— External External 5% July — New York Stock Exchange Appalachian Bonda High — 1946 AMedellin '• Low £1 — BONB 8 104 Range Bid & Asked Danzig Port & Waterways— 5s 99 106% 116% 102 Friday's or Sale Price Feb ' ? Week's Last Period 1947 Mortgage Bank Valley Interest * 96% 102% 110 112 *102% 104% __ ' Jan 13 y4 24% 111 Friday 4% 99 __ 97% 99 *103 104 10 y2 Mar 37 — < June-Dec New York Stock Exchange 11 % 5% • v June-Dec Jan 7'A 51/4 8 deposit receipts 6% Mar-Sdpt 1964 Jan 7' 6% __ Foreign Governments and Municipalities Jan ;'-21% . „ r Union— debentures f s ■ Apr Jan 29% July ... 3% May __ 2 Petroleum common Woolworth (F Wj Ltd— 1954 3%s 1960 5s BONDS 100 Woodley • Jun 16 V* • 4%% Inc Power Traction conv % 102% *63% *30 V:v Feb 30 475 — ——25 common Pwr Industries 1956 coupon, debentures Water Penn ACauca Winnipeg June-Dec Feb Apr Jun 25 * 1 w Western 6% 1 common Feb 111% 21 * Inc— Brothers 9 165 5 & West 1956 coupon Hotel— A5s ' income Washington Jan 40 30% 1947 1 Waldorf-Astoria Feb Feb 2% 60 — 10 - 2% 17% 5% July _ 1,000 i 29 Ye ■ „ -1 - Corp Products Wilson 5% Oil 6% 180 21 ' __ 5 (Wm) & Co River . Dec ex Jan 26 __1 . , 100 As 102 Co— 1940 1 * Afay-Nov Service Dec Feb Jun 6s 6% 170 30'A 10 _ —— 8 with 1% Mar : 12,200 Jan 112 1% July 12 6 3% 6% Apr 107% July 400 2 111% 112 „ 180 20 Weyenberg Shoe Mfg Whirlpool Corp Apr i * com Coal Westmoreland 2% ! 1% 5% 6% • 1st pfd__100 Stationery Westmoreland 1% i.- 2 Baking Co warrants Wentworth 100 : • — —1 1-. w< c 200 , referred-——.——30 SWaltbam; Watch Co Ward — Electric A7s 3 6% —. Waitt 3 x 1969 revenue "YV ■' 7 .7 ' '7:■■■'■''Y, : 7 ■ redeemed— ' ■ AG%s v.,*' series C a6%s <Dec 1955 1 June-Dec 1941 Lis series A7s ' A7s '*»>:' series Ala Isarco E (Aug Feb-Aug P" 1957—— with 112% 106 112% 101% 106 1952^__^i^————Jait-July 1941 1952— coupon) A7s with Nov 1940 1 109 105% 60 110 ;;'"V 43 f 106 65 3 Altalian Midland Nov 1 1940 Superpower Valley Extended 110 106% (35 Stocks) Compiled by National Quotation Bureau, Inc. Date-~ at England coupon 6s *63% 1352 JWar-Nov 1963- Jan-July 59 59 59 41 to Power 1963 3'As April-Oct 1961 May-Noy *80 80% mortgage 6%s 1953 Jan-July « listed on Low 43.37 Jan 2 July 24_ 46.70 25— 47.02 ~-':Y 90 88 81 101 105 July 26— 47.04 High 95 July 27—- 47.12 Low 44% 5 -Stocks- -Bonds— ■' : , Indus- Date— * 21 July 23^__—, 255.68 July 24.: July July 25 — Rail¬ trlali July roads IB of 265 common for the composite and by major industry groups compared with the preceding week and with the highs and. lows for the year to date, are as follows (1939 ayerage = 100): 0 stocks for the week ended Second 10 utu- 65 Indus¬ Grade ltlftS ' 8tock» trials" Ralls Closed — ^7**77.71 258.94 Grade - Rails 10 Total utu~ 40 ttles Bonds Closed—r44.51 7 92.19 98.52 99.82 _ 95.05 - July 21, 1951, A 10 First Total 34.25 July 13 The SEC Index of stock prices based on the closing prices • 10 20 43.24 Dec 30 —— SEC Index of Stock Prices the New York Stock Exchange as compiled by Dow, Jones & Co. 30 '* , Range for 1950 July the daily closing averages of representative stocks and bonda are 28 46.37 July 60% Stock and Bond Averages Below 48.65 Feb 23— 21 73 *102% 103 — Range for 1951 High July RR— 4% Nippon Electric Power Co Ltd— A 1st 43% Closing Closed 62% m.— 49 __ *30 ■ f Over-the-counter Industrial Stock Average 112% 61'A 7 37 100 63 58% 22 101% 106% 1952 coupon " New 100 106 Hydro-Electric Co— £7s ; ——. 1957 1941 coupon) (July 1955 coupon) ' % 99.327 98.18 ' 78.89 44.60 • 93,2/ 98.46 99.89 95.03 99.52 44.72 93.22 98.51 90.63 95.35 99.53 44.90 93.84 98.55 99.76 95 25 99.52 98.27 July 27ji.i„'—_i— 7259.23 81.69 44.82 94.44 ' 98.59 99.81 95.38 99.56 98.32 ComSo.lt.. Manufacturing ;/ i - .. i M».« . High 173.8 209.7 0.4 •„ ; . TtSo" =2160 ■ Low ; * —0.2.,..-,,>.-,181.6 203.9,, < 77 Change , 1 1951 Peicent f 1M.2 —•180.0 ' 203.1 N^urasSaoMir":— . July 14,'51 July 21,'51 ' f ' 1764 • i?i:» -96.26 80.08 '•/•f 98.23 79.06 259.09 7'7'7 ;' 7*-77:v 26___ -358.11 i r V- KV'1":'?.-' * —, ' • ••• ml , " -- —i TS;5: i • < • - - 1^ - • 11 . 34 The Commercial and Financial Chronicle (390) Week Ended July 27,1951 United States Total Stocks Foreign Bank Government Bond (Number Bonds Bonds Bonds Sales Jnt'l Railroad Stocks and Miscel. Bonds : „ -—- Saturday—- Closed $2,940,800 $2,384,800 $536,000 2,881,000 904,000 3,785,000 1,'873,690 1,483,930 2,916,400 764,000 3,080,400 1,880,000 2,303,000 454,500 2,334,500 Tuesday 567,000 2,870,000 Wednesday 1,445,300 $20,000 7,863,700 - $3,225,500 $12,365,200 $15,610,700 $20,000 1951 Foreign Total 116,000 3,000 230,000 309,120 76,000 53,000 1,000 130,000 257,160 36,000 88,000 15,000 139,000 /1,466,710 $468,000 $471,000 $68,000 $1,007,000 Week Ended ! — $180,700 ; <1959 1959 1951 2,029,430 60,604,683 63,103,391 $468,000 $589,000 $15,040,000 $19,835,000 471,000 462,000 6,537,000 9,366,000 68,000 of shares 12,000 1,469,000 1,498,000 $1,063,000 $23,046,000 $30,699,000 1,466,710 — Y 381,000 3,225,500 1,416,500 56.U59.320 62,855,110 12,365,200 32,240,000 476,448,900 604,965,700 Foreign $15,610,700 „ Jan. 1 to July 27 July 271 $1,007,000 Stocks—No. 221,000 $33,707,500 $534,792,220 $668,382,510 Total — . 1951 294,844,034 Bonds — , 111,000 r $1,963,000 Industrial- and 273,000 375,125 — $1,000 50,000 —— Bank ——- Railroad 37,000 — Friday $20,000 Government S. International 143,000 $71,000. 1 Bonds U. $235,000 $12,000 93,000 1959 272,025,444 11,875,708 7,863,700 of shares Stocks—No. — $152,000 July 27 1951 1950 Bonds 291,725 Total Jan. 1 to Week Ended July 27 ; Total Bonds 233,580 Thursday Total—— Bonds Closed 1,317,110 1,743,070 Foreign Corporate Government Bonds Shares) Saturday Monday——— •< Foreign Domestic of Week Ended July 27, 1951 • Tuesday—-.--———-. Wednesday " Thursday-Friday— Monday, July 30, 1951 . Exchange Daily, Weekly and Yearly Daily, Weekly and Yearly Shares . Transactions at the New York Curb Transactions at the New York Stock Exchange Number of . Domestic r Foreign government _ * —— corporate OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED JULY 27 Week's Sales Last Range for Week Sale Price of Prices Friday Boston Stock Friday Week's Range for Week Sale Price of Prices Shares Par : Low 15714 — 100 * 60 Albany RR 100 123 Tel American Tel American Woolen Anaconda & Copper Columbia High High Day Power Federated 2,770 149% Jan 158% Feb 30% Jun 46% Jan General & 39% 37% July 41% HO 121% 124 44 44% 204 117% 2,456 x40% 44% Jan Jan — 26 Boston Edison Boston Elevated Boston & Personal National Jan 34% July 41% 110 40% Jun 54% > — ■■ 100 York * Common 6 —- ; 13% 100 12% Jun 18% Jan Ohio Edison 26 200 23% Mar 27% Jun Ohio Oil 10% Jan 8% — 8% 100 105% 109% — —-10, 131 8% July Jan 109% May 83% Ry— Street 3% ——100 100 58% preferred adjustment Lines SS 40 20% rr lnc A880C«~—, Group 12% 56 — • 1st pfd series A 5% Employer! 11% 11% :—100 6% 14% Mar 11% Jan 113 3% 2% 4% Feb 3% 580 95 55% July 67 Feb 25 37% Jan 49 v Jan 20 58% 40 20 % 300 18% Jan 21% Jan 32 Ye 32% 10Q 32% July 37% Jan 36% 36% 37% 305 36% July 38 % July -• 55% 54% 55% 27% 2,121 49% 56% Mar 26% 71% 14% 34o 185 24% 24% 24% 15Q —1 Gillette Safety Razor Co new-, — Kenoecott.Copper •-—^ new,.,—...**10 Lonp Star Cement; Corp 100 TT-1 Cos — Jan 30% Jan 79% 67% July 23% July Feb Rexall Stone Co Co__ Association Drug Webster & ,, lnc * * —— May 33 July 17% 18 153/4 July 26% Jan 32% -32% 50 30 3/4 33 Jan 53% 50 53% 53% 18% ft 30 v ' ^ 1,458 v" 15% 21 ' 1,191 50 135 110 10% —,1—10 Vermont & Mass Ry Co—.——,—lQO Waldorf System lnc Westlnghouse Electric Jan 34 % May 433/4 Mar 10 4% Jun 41 16% Jun 25"% Jan 9% 50 12% Jan 53% 54% 100 83/4 July 46% Mar 54% Feb 21% 21% 150 16% Jan 22 % July 54% 54% 44 51% Feb 33% 33% 89 25% 11 % 11% 175 ' 22% 22% 50 •," ;■ 21% 22% Feb Feb 25c 4% ; - 19 6% Mar Corp^.——„12.50 • 11% Jan Co Standard Jan ft Standard — 1 I « « 1 P V 1 (Ky) Oil (Nj J) new. «... Ohio) & Roller Bearing fit,pel : f 37% 45% • 46 40% 40% Jun Feb 21% Jun 26% Feb - .... 595/e Apr 70 % July 373/8 Jan 41% 59% Jun 33% Mar 68% July 38% May 43% Jun 49% Feb 38 Jun 47% Fob 295 40% 100 • CO : Feb > tyf 'h *■' ■ 7 ,r 12% 25 68%' 36% » _mnr^ (new! 57 % 31% May Jun 92 39% 64% ~ Jan Jan 11 329 ■ 39% 68 % 15 — 1 69% .70% 69% 10 (Ind)—— Oil fi. / - : • .7 ... . i t k •' 117% May 15% 75c WATLING, LERCHEN & CO. 25%. Jan - July 1% Jan 26% 16% July 8%, Jan Members Jan 11 . May 8% Feb New July 17% Detroit Jan -v 25% 6% July 15 299 19 % 180 22 Oil Oil Standard Timken . & Brands Standard 33% 15 Vacuum Southern 12% Mar 93% • ft Roebuck Sears, Socony Jan 32% July York Stock Exchange -N'w York Curb Exchange ' Feb 33% 34- 67% 69% ' 1,799 69% Jan 73% Feb 41% 41% July 49% 200 51% Jan 73 40 49Q »,■ DETROIT. ^ 67% May 121V# 121% •' Jan 62% 42% 65% 2,000 — FordBuilding - Midwest Stock Exchange Stock'Exchange .ivi/i'A;-' Apr 38% Mar 41% : y. r. - Apr Jun 7% Jan 33% 25 common Cq— V 9% 4% : Corp 44% July 67% United Shoe Machinery Rubber 12% 17% 19% 9'A9% 7 7%;; ; 15% 15% ■ < United Fruit Co__fc S 54 % Jan 17% ft Jan 10c 200 • .32 17% 113 300 11% — * 10%, 18'A 11c 113% 114 ,180 15% 17 170 75c 85c 1,100 — * 185 11c 19 .4——.*»-• Co—— Terrington TJ Jan 26% 33 Jan 27% May 13% July 29% Jan 140 10 % — 60 25 60 Pennsylvania RR 17 44% 17% — 20 * 11% 100 - 113% 100 . — 2.50 — Hartford- Raven ft North Butte Mining New V; 15% 42% — 1 — England Electric System England Tel & Tel _ Mining — 5 Service Shawmut 17 • Racing Assn—; Narragansett . Nash-Kelvinator Quincy Jan 42% 15% 52 RR Oil Radio U Maine Central RR common— Mathieson Chemical Corp Y 17% Mar 14% 71 60 15% '.ij * Packard Motor Car Standard New 56% Mar 54 % May Jan , "when issued"— First National Stores Electric General New Jan Jan ' Common N 49% 46 18% Wi'" w.—. Pennsylvania Pure , —-——* — — Mass National 126 236 , 52 * . Pepsi-Cola Eastern 55% 49 32% 15%,- * __ Central 26 — Eastern Gas & Fuel Associates— , Feb 54% 8 Tel & Register Distillers 23% — • Service Eastern 8% July 48 - * Tel Cash National New Trust Prop Hecla—— Calumet & Cities 44"% July Railway— Railroad— (when issued) 29% Maine Common Boston 44% 30 270 Feb Feb 130 Jan 10% 34 % 55% 5 new 14% July 11% 10% 33% 41% • Motors Jan 12% 10% ?: —5 General Electric 134 328 14% 34 7 Dept Stores- 33% 32% z Range Since Jan. 1 Low High Shares High 14 14 II I Light & International Boston I Curtiss-Wright Range Since Jan. 1 Low ft Gas 155% 157% — Low Par Sales Last STOCKS , STOCKS Exchange — 37% 12% 36"% • 12% 37"% Jun 120 11% Jan 34% Jan • 124 ' Telephone: WOodward 2-5525 Mar 13% Feb 40% Apr Detroit Stock Exchange Week's Friday Cincinnati Stock Friday Sale Price Range of Prices Par 20 American Laundry Balcrank Low 25 Carey - ————: Champion Paper —; 10 Shares Cincinnati Gas 23% Jan Cincinnati Street Cincinnati Tel American 16% 18% • . 3% Jan 8% Jun Budd Company Jun 18% Jan Burroughs Adding Machine 355 16% Jan 19% Feb Consolidated 296 45% Jan 193 32 ? Jan 36% July Detroit 32% 32% 100 30% Jun 38 Detroit 4% Jun 25 4% 4% 225 : 50 73% 74% 485 7% Apr Jun 69% Jan 77 240 20 July 24 % Jan 110 Hobart -10 '22% 48 48 ,:46 May 51 —< Little Mi Spl_ 25% 25% 25% 40 34% 35% 374 —50 Lunkenheimer * P G & new common preferred 8% • 45% 68% May S Printing Unlisted American common Armco 90 68 % 69 % 1,274 26% Feb 38% Jan Jun 43 19% Mar Apr 62% July 45% July 23% 79% Jan Jan 230 8 Apr 230 July 13 13 250 11% Jan 14 May 53 • 53 53 37% Jan 53 July Mining 15% __1 225 , Steel 157 15% 156% 157 Paper 220 16% 245 17 8% 8% July 15% July 18% Jan 14 Jan 18 % Apr 21% Jan 26% May Detroit 15% -20 Hardware Mfg 1,186 253/4 25% 100 6 3/8 63/4 7% 7% ; 21% 22 1 _ 307 17% 6 S/8 5 Navigation 15% 17% 253/4 1 Cleveland Edison Detroit-Michigan Detroit Steel Jun 800 7% 22 19% Mar 9% Jan 6% May 7% Feb 1,100 7% Jan 10,470 213/e Apr 23s/8 Feb 43/4 Jun 4% 4% 100 6% 250 6 36% 1,771 f 4% July 6 4% 1 Stove 1 Corp Frankenmuth 93A Mar 36% 1 Brewing 30% 2% 2% 2% 27% 20O 2% July Jan 8 Jun 36% Jan Jan 23/4 May ' Friars Ale Fruehauf Gar Brewing Wood Gemmer General . 1 Industries Manufacturing Motors new : corn— 30c 4% * . —1 •. 400 14 48% : 6% 153/4 fl,704 48% 14 5 —10 27% 6% 27% 30c 27% —- 1 1 & Chemical Oil . 1 Gerity-Michigan Corp Graham-Paige Great Lakes '' 1 L. Trailer 13% Jan 149% Jan 16% 49 2,314 4% , 3 3% 2 2 2% 15c 1,000 / 40c 6% 14 Jan Jun 29% May 25% July 100 43/4 3% 40% 42% 160 38% Jun 44% Jan 8% May 18% Jun July ' 46% Jun 54 May 400 : 4 Apr 4% Feb / 820 2% Jan 4% Feb ' July 3% Feb 9% Jan 9 Jan 2 1,998 10 41 39% 41 317 36% Jun 51 Jan _3 7 250 7 Ball & Bearing Benguet Mining 7 7% Jun 8% Mar • 1% Service City Products For footnotes see page 43. 25 50% 30% —25 10 * 114% 28% 1% 1,200 1% Jan 50% 51% 45 47% Jun 29% 30% 115 28% Jun 68% 1 Peso Chrysler Corp —-—; common.. —10 6% Jan 6% 100 1% Hoover 83/4 8% 410 17% 17% 17% 110 17% July 20% Mar 16% 6% 8 May Feb Bethlehem Steel Chesapeake & Ohio 1 common Apr 158 % Mar Hoskins Manufacturing Houdaille-Hershey common Howell Electric Motors l V Apr Jan 17% 7 _ Bros & Higbie Mfg 115 214 42 % — Avco Mfg Cities 3% *4% StocksAirlines American Telephone & Telegraph—100 Aijaconda 20 24% Mar 32% 230 13 U 45% 32 20 100 Jan 3% July Jan 35- ———— High 3 200 63% May 60% 36% Art. —_f__*; Low 300 3% 8 3/a * • Gibson High 3% 17 — —1 16% 58% 21 Range SInee Jan. 1 3% 2 Products Metal 15 35% —10 1 Shares 3% y" * Railway—4— Eagle Picher Low Par ' Big Bear Markets 36% Mach__—_—__10 Milling ' - High 27% Mar 59% ■— & Electric common_8% * • 335 5% 16% 60 Davidson Cincinnati V • Electric Altes Brewing Range Since Jan. 1 LOW 25% 18 16% Allen for Week High 5% —1 Burger Brewing / . Sales for Week Range of Prices Sales Week's Last stocks Exchange Last Sale Price STOCKS , 69 % 36 65% Jun 104% 114% 412 83% Jan 114"% July 28% July 32.% Mar 28% 30 254 1% July 59% Hudson Motor Car 15% 16 200 15 « _ 11% 11% 100 11% July 1 6% 63/a 300 5% Mar -2% 16 _ .12% — 13 13 242 13 Jan Feb 15% Mar 6 3/4 Feb July 15 Feb Jan 28 Jan Jan 2 Feb Jan 38% Feb King-Seeley 82 % Apr Kinsel 1 27% 27% 27% 315 ,'t'! Drug Kysor Heater Co 1 1% 1% 1% 200 ^ 1 5% 5 5% 1,225 LaSalle 2 3% 3% 100 common Wines _ - -24 :1% l< 5 July 3 Jun 5% May - 33A Feb Volume 174 Number 5033 .The Commercial and Financial Chronicle . . (391) OTHER STOCK EXCHANGES RANGE Friday Week's Last Range of Prices Shares STOCKS Par Masco Screw Prod Low 1 common., Corporation Electric Welding———. Friday Low 3 19 Vs High 100 2% Jan 3% 1 lv 18% Jun 233/8 Feb Kaiser 3% loO 3 % Jan 4 ':,3% 3% ' --. 100 3% Jun 4% Mar Jan Kern Packard Park Motor Car Chemical Pfeiffer 4% 665 4% Jun ...3% 33/s 200 3 Jan 3% July (Fred 1 -3 19% __. Co B) 59 59 Products.——. 1 Rickel (H W) Co & Raisin 5% — 4.13A 440 3 Vs 1,425 20 3/„ - 19% 5 550 ■ 6 —10 Udvlite Tube class Jan 59 Jan 3 18% 5% 1,310 Corporation Union 11% i Investment, Jun 6% Loew's 100 Jan Jan —4 317 11% Jun 415 12% Jan 17% Mar 516 4% Jun 14 175 13 5% 7% 7% 7% 1% ' 13A 1% 580 7 > Va Jan " < STOCKS >.• '■ / "• » • Admiral •* •> Friday1 V Week's •> •;* Last V V1," V ! ' " • " ■>. Par - Corp : 2% Chemical & Dye Corp (UriCli-l*; Allis-Chalmers Mfg Co (Un) American American ' Airlines Power Radiator Amer t American ' & Investment Robbins Power Power & Light (Un) Co (Un) San St Tel American Viscose American Tel & Co Corp Woolen Co, (Un) Anaconda Copper Mining Co Steel Corp (Un) Armco • Armour ■ Co & (111) _ '.15% '" ' i_ f Refining Company (Un) 25 Manulacturing Corp (Un)—;—3 41% 39% 8% ' 9 % 7*/s Baldwin Baltimore v Bandini Bros Basin '• Ohio & Oil RR (Un)__13 of Corp 60% 157% Mar Jan 33% 598- July" " , 135 Jun 51 Mar Jan 176% 10% 783 a3% 33 18% 8% —5 1% 1% Apr 350 10 Feb Gas & (Un) Corp (Un)—• Pennsylvania RR Feb 4% Jan 23 Ms 7% Feb 47% July Philco Feb lJ/2 Dodge Jan Corp (Un) Puget Sound Bethlehem Bishop Steel Oil Corp (Un). 51;iA 51% 52% 2 12% 12% 13% 2 8 8 8% * : Company Diamond Blue Corporation ~ ♦ - Boeing Airplane Co <Un)_— Bolsa Chica Oil Corporation Borden Co (Un) -J. —I - Warner borg Co *.—__5 •" - V/.— *—10 Mills Corp (Un) Byron-Jackson Co_. ——v—'.— Burlington ' 5-% \. a6iye a63% 9% Packing Canadian Case (J Pacific I) Central ' »! a20% . —:—i—5 (Un; —25 Co (Un) Products Certain-teed Ry Chrysler Corp - Cities Service Co (Un) •■/. RKO Feb 7y4 a—• Feb 50 50 . 69 Jun Feb 11% Jan 22 17.%' 64 Reserve 29% Rice Feb Jan - • 69% = al04y2all5% 200 522 . 7Vs Multiplier Climax ' Molybdenum Colorado Fuel Columbia V - ' 1 Corp Commercial Iron & Gas Co (Un)—- Solvents ^}.84^;;Jan (Un) Co Consolidated Edison Co of N Y 1,662 ' a33% a33% v- - - - 4% 20 22J/s Apr m;? 108Y» 14 288 —29% -25 --31 y4 29% * ' — (Un)—• Jun 28 13 Engineering Corp i._l . 26 Feb ,?24%Mar Feb 14 Jan A— Consolidated Grocers. —i———1.33% Consol Vultee Consumers Aircraft Power Corp 31% 31% 772 30% Jan 24% 1,759 19% July 33% (Un)_. CO Motors Corp Continental Continental Oil Co <Del) new 16% 100 16% July 270 15 Jun 21% 33% 1 — 5 — * (Un)—1 Creameries of America Inc Zellerbach Curtis Publishing Co (Un)_ Corp Curtlss-Wrigbt, Corp Class A (Un)_i_ 32'A Feb 160 140. 7% July 52% Jun 53 10% Jan 12% May 49%- 54 12 12 *135 51% 51% 459 common — a6% — i 10% a6% 10% 11% 1 (Un) ———* Douglas Aircraft Co Industries Dresser de duPont Gas Electric Bond 50% 23% al5% al5% 1,021 600 : 90 Finance Calif 4.88% Southern Calif Gas 6% Fitzslmmons Stores class A 1 13 , 8% 13 19J/2 19% 125 52%c57%c — 2,200 8% 8% 100 170 Corporation General Electric General Foods Motors General Public Glidden (The) Goodrich (B (Un) • (Un) Corp General < 2 — Co Corp —• (Un) —5 Co F) Goodyear Tire • (Un) Co • & Rubber Co common.* Graham-Paige Motors (Un)——.——* Northern Great Ry preferred Greyhound Corp (Un) Hancock Oil Hilton Co of Hotels Calif (Un)—• 3 class A —-• Corp 5 Holly Development Company Honolulu Oil Corp ^ Hudson Hunt Motor Car Co Foods 1 * v Inc 54% — a42.% 47% 48% 80 612 255 1,289 al8% al8% 57 a39% a41% — a41% Pacific Apr Southern Railway Jan Standard Brands Feb Standard Oil Co of Oil Co (Ind) Oil Co 50% July 20% Mar 396 55% 19 Jan Mar Standard Stone ,11 19% 13 July 15% Feb 19% July 90c 8% July & Co Feb 10% May Independent Intercoast Co Exploration Petroleum Corp Interlake Iron Corp (Un) International Inter Nickel Int'l Tel & of Canada Paper Tel C® Corp Fcv* footnotes see (Un) (Un) page * 43. (Un)_* 7.50 • 15% 800 1,370 8 8 575 33% 34 670 15% 15% 473 a34 a34% 125 80c — , 16% May 8% Jan 55c .. Jan^, 50% . Feb 32% Mar 1.10 Apr Apr 60% Jun 7% July .10% Jan 33% • ' 15% ' : V __ 1,381 67% 4c 18% 187/a 53% 53% 576 a8% ; 33% July 11% Jap 32% a8% Jun 38% Mar „ 15% July 40% Jan Jan 19% Feb Jun 57% Feb . 10 67% 4c . 17% 52 200 67% 4c 55% 4c 8,000 May 67% July Feb 75% 75% 77% 1,230 63 41% 39% 41% 1,865 34% Mar 8c Feb 82% 15 33 33% 31% 33 Jan Jan 41% July 1,547 25% 33 % 33% 1,662 32'A July July', 35% Mar 24% 24% 150 24 % May 25% , Jan 33 Jan" 25 24% 24% 625 23% Jun 28% 28 28 28% 993 29% Feb 27% 27% 100 27% May 26% Jun 28% Jan 30% — 24% Feb 32% 458 2 29% 28% 31 5,035 11% 11% 11% 1,847 • Corp a64 a63% a64% 153 58% 390 49% July — 31% Jun 34% 15 : Jan 31 11 May Jun Feb July 12% Jan 73% • • J) (N • (Un) new 25 (Un)—15 — — 48% — — 50% 52 Feb 60% Feb 22% 22 % 283 22 July 47% 49% 4,139 44 Mar a63% a70% 290 62% 67% 936 59% Jun 68% May 67% July a21%a21% 80 19% 24% 67'A Apr 25% 50 Feb May Inc (Un) • (Un) I common——1 Timken 46% (Un)——28 Transamerica Corporation Jan Jan Tidewater Oil Co Axel Co Assoc Detroit World May Trans 19 Mar Twentieth 2 Carbide Oil Pacific 11% 937 11 Mar 12% Jan United 158 185 Jan Feb United Air 13 175 1.60 1,000 205 - Aircraft 216 84% July 239 Co 17 Feb United 2.10 Jan United 66% Jan United States United States Jan 20 .28 " 59% July 9% Jun July Feb f- Gas & Carbon of Calif — 2,754 a34 20 a34 33 34% 2,045 47% 19% 25 20 — 30 40 al7% al7% 37% — 37% al8% al8% Jan 27 July 17% Jan 33 24% Feb 35% Mar 21% Feb Jun 37% Feb Jan 34% July 19% 20 — a20 a20% (Un)_* 64% 25 37 % 19% July Jun 22 310 32% Mar 37% 30 18% July 16% Jan 19 ♦ 3,795 56 12% 1 • Corp common Railroad Co (Un)- 50 al01% Corp (Un) 5 Inc (Un) 10 Lines 56 ' 215 a26% a26% 13 1,838 19% 19% 553 64 % 64% 182 36 Vb 38 5,549 al01%al02% 180 19 % July 10% Apr Jun 17% 20% Jan Jan July Jan 27% Feb 13 Apr 24 Yb Feb 55% July • 12% July 1.55 July 13% July 18% Jan 5 Corp (Un) Century-Fox Film (Un) 48Vs 10 5 Tri-Continental 40% July Union 1.90 (Un)„ Airlines 54 Jan Jun , — 34% —-* 56% Mar 38% — • (Un) 23% -17 a26% 25 Prod Jun 41% July 46% Jun __ Jun Union al6% al6% 85c 58% 28 S (Un) Jan Corporation Paramount (Un) Theat Rubber Co Steel com (Un) 10 (Un)_l 10 Corp a30 __ — 18% — 533A 64% July 40% Apr 103% May 222 26% July 40 Va Apr 26% 28% 794 23% 30% Apr 21% 21% 471 Feb 18% 371 19% July 18 May 22% 18% 21 % Feb a62% a65% 140 52 % Jan Jun Apr a29% a30V8 40% 41% 1,779 37% 13% __ Apr 34 Apr 100% Apr 13% 19a 11% Jan 65% May 47% Jan Mar ' Warner . Bros Pictures Inc 68% Mar West 11% Jan Western 2.75 Feb Western Union Telegraph 165 15% July 20% Feb 32% 720 32 33 Jun 34% 34% 355 33% May 39% 185 49 % July 53% Mar 15% .313 13% Jan 18% Mar (Un) Kentucky Coal (Un)—-— Air Lines ;— (Un) 5 a21% a21%. 4 1 14 13 30 14 995 a39 50 13% July 28 Feb 12 Jan 15% Apr 33% Jun 25% Mar 12,50 a37% a37%a37% 399 34% Jan 44%. Feb 40% May 10 a43% a43% a45 127 42 % Juiy 45% Jan 11c 18,000 Jan 17c Mar jan b i»* eD * a39 a39 Jan a49% a49% „ 15 25c Calif 18 32% __ * Ltd r 50 57% 80c 57"% 13% May 6% Jun 500 July Union 1.90 1,460 • * 23 y« Mar Feb 1,087 1.90 a32 % a32 Va 96 % Feb 2.10 —10 ; Harvester Co International - — — 48% 4% 2,495 13% 16 % 56% 10% Feb Jan Feb 91% Mar Jun 10% 7% 5% 4% 48% , 46% Jun 46% 10% 13% 7 469 155 Jan 33%c Co_ 13% 3% May 35% Jun 627 Jan 157 40% 3% May 50 48% Jan 250 Apr 407 V'. a99%al00% 2% 19% 3% 3% Feb al7y8al7'/8 44 59% 867 22% July' 4% Feb a99% 66% 19% • Jan al7% 100 250 59% __ 54% 16% • 188 59% (Un) 46% Mar 3,215 al3 39% —V 1 ; (Un) 49% . RR 160 3% v' , .• • Co Sulphur Co a56a58% . Central Apr 50c Gulf 360 100 ■ Illinois 43 % (Un) Texas 3 52% 120 200 July 47% May Textron Incorporated common 55% al3% al3% 44% al3 _1 50c Ltd com—25 Texas Company new com 1.55 -— __ 44% 3% 5 (Un) 8ylvania Electric 13 __ Feb 35 3% 1.40 Inc Corporation ' 215 — Jan 24% Jan Jan 19% July 50c Jan Oil 11% 11% Va Apr 26% 3% _B ; Company Webster & 3 52% — 68 23 24% May 14% ?.86% a90% — — —• 12.50 6.66% 55% a42% a42% 5 common— Utilities al9% al9"% -- Jan Mar Preferred Garrett Jan 12% J 5 Swift 57%c Feb 26 % 61% Mar a54% a55% • Southern Co 12% .5 Apr 25 8% July 70 21% pfd class A—25 Southern Calif Petroleum , 22% July —1 Mar' 13% 103 21% 25 Jun --5 7 Jun 21% May 16% July 200 21 % 1 preferred Jan Oil Co A 9% Feb July 25 26% July — - Studebaker Corporation 266 9% 18 35 * - Sunray 239 910 5 Jan 34% — 1 preferred preferred 96% May 12 10 a22% a23% 35 25 48% Jan 22% 1,125 9% — 53 % Mar 4% Jan 1,536 19 Feb 61% Mar 7% 2.203 18" — 36 Vs Jan 17% July 418 10% 23% 1 Co Jan 11% 4% 10 a23V8 Co Edison 83% 22% 100 4% 20% July 34% Mar Jun 60 900 18 July 52% July 751 7% Feb 1 31% 10 51%. 23% „• preferred 41% July . Jan Jan 32% -54 31% Mar 421 • 247 — 16% 2,326 a63% a64% Corp 200 4 33 % 33%' Feb 2.10 Apr 284 V Feb July 16% May May May ' 44% 18 — —.XV. a96 —5 1.60 31 7% — • Co: 40% — 20>/2 a64% (Un) Regis Paper Co (Un)— Schcnley Industries 46% (Un) 12% July 495 a52% a52% 23% * St a94_% — 50 19% Jan 335 , Apr 19 * 800 . , 54 32 Va — 1 46% & Share 1.75 25 Co 4.32% Apr Jan July 9% July 44 % 410 . Jan 33c 32 % 36 '1: 26% Jan Jan 13% July 17% Jun 3,275 33% — BO Corporation— a94% Co Emerson Radio & Phono (Un)— Emsco Derrick & Equipment Exeter 49% 22 . — 24 * 20% __ 2.50 Southern 6% July 8% July 162 33% 4' ' • Co -—5 Products Electrical 23"% 10c A .... 20% 1 (Un)_; CO——————10 NemouTS -& Kodak Eastman 49% 50c -—— class Labratorles DuMont a24% a24% ,,10 J 7% (Un) 12 Jan 411 . < ' 54. 51% Timber Standard Crown 1.70 8c 865 Feb July 10% Feb 206 , 8 8 a54% a55% -- a34% 4,200 - a32% a32% f. . __3 & Corp Oil Oil 4.08% 17% May 17% a33'% . 1,045 14c 15% al8% al8% > 54 (Un)—1 Socony-Vacuum Oil Co Inc (Un) Jan — —* ^—1 (Un)_5 (Un) • 16% 17% a33 a33% 18 14c a32% 4 Inc Ranch Southern 31JA July 31% Feb Jan l~~ 1 (Un) 16V2 10% Jan 15% Jun July 28 • • 14% 51% (Un) America & Sinclair Oil 29% July 325 :,2C -* 23% •. 60 1 —; 4.48% Consolidated a8% • Shell Oil Company— Sierra Trading Corp i—i.— Signal Oil & Gas Co class A Apr 31 y4 31% ■ 6% •/ a— 19% 360 . Jan a__ 280 14 22Va (Un)— (Un) Edison 5.% 22 Va Corp System Inc Commonwealth 5% — 33 13% 10 Sears Roebuck & Company Servel Inc (Un) — i..—- ' Clary 11% Jan 13 (Un)— Manufacturing Seaboard Feb 82 . , Jan 38 i Jun 27 •— Safeway Stores Incorporated- Feb 5% July ' 10 563 - 50 < Jan .200 327/a 48 % Ryan Aeronautical —L————1 Jun ; < 17% *;:65y2- Jun 18 ,114c — .8 Jan 22% 31 ya a87/s . 4.25 Jun 18 10% ' Jan 1.80 29% July 644 67 Jan 10% __ . 2.35 Mar May 51 y2 - Jan '. 300 - 64 1.55 Jun Oil Drug Richfield Apr Jan ^.15* 73% May 51% Mar 49% (Un)_ RKO Theatres Corp Rhpem May Jan 44 ya May of Pictures Rexall 59% 1 Corp — 58 200 1,863 Jan 2,300 3% July Feb 18y2 a— — 207 r ' 42 2.60 al8% Republic Pictures Corp (Un) Republic Steel Corporation (Un) Feb 22 •„ 652 .... 5% 68% lOallS'A — Radio " 5%' — 53% r 20% July 15 ' a29V4 a30% a30% Feb Apr i 16.% - 5% " (Un)_-2~25 ; 25 Co .<.118 a67y8 a67ya 17% --l*' Ohio & a21 \ 100 a44 a44% 2.40 Apr Feb 9 July 14%-Jun 10 247 a44% .f a44% a45y4 J-''**" ' 1.65 1.'70 —;—4. Corp .— ,— , _* " L__il Aircraft Cessna v Jan 9y4 48% Apr 59V2 1,831 : a32% a3?% 'V 26% ' 27 — 25 (Un)_v Tractor Co Mining Eureka Chesapeake v Ry Company Caterpillar \ Corp 9% al8 al9% — 59% -15% . Jan <4% - 215 al5% al3% . California 1,750 ,150 al9% -10 42/ 24 :_10 Incorporated (Un) Pure Oil Company (Un) ' 5% — —1 Jun 11% July 7ya Jan 111.. a47y8 a47V2 ——1* — ' A 5% •— A 47% 1,535 44%'44% __ 1 (Un)_l Stores (UnK < ^-15 Corp Broadway-Hale Budd x-_5 630 3,870 V ; 33%o Pulp Feb Jan Jan (Un)_100 (Un) Corp Feb 31% 65 I. Phelps Jan 59% * Co 19% Jun 21 % Feb 9 30 al8al8% 1 Pullman ' 100 Jan 4 185 __ 10 Pictures Inc Feb Apr 2% May 18 % Apr 270 * —1 (Un)_ Airways Paramount 2.00 41% a68% a70% 1 common Packard Motor Car Co Pan American World 17% "Eeb Jan July 2% __ • Pepsi-Cola Co (Un) Apr Jan 90c 38 170 33/a July 800 2.45 1 common Indemnity Co Lighting Corp Jan Jan 3% —25 24% 1V4 __ B __; (Un)_-^ Elec Jun 17y2 125 900 _1 Feb 4,740 2% 2% al9% al9% 31% 31% 3 Co Jan 600 2% * Company (Un) Company (Un).: 5% 16ye 44 al9% 13% 2,250 1.15 34 a__ 50 1.30 a37% a37% 1 15% • ai4% al4% 1.30 a37% (Un)„ Railway Co Jun 1,885 lJ/2 25% 350 18% Feb a23% a237/8 Inc Prod Jun 3% a48% a50% __ __50c Co Corp 4 1,400 9 5,585 __ V __1 10y4 /■• 1,135- 19- 8% Jun Pacific Petroleums Ltd— Pacific Western Oil common 8% Mar 3% July 15 1 preferred Pacific v 72% July 6% Jun ly.% 20c 6% Pacific Jan 12% 8% July 159 66'A Mar 10% common__10 Pacific 44% May 312 18 18 510 34 • Pacific Finance Corp of Calif 46% Jan Jun 37% 1,660 a3% __ __ 2,090 15% * 73% July 37% Oil Feb July 20% 33 18 Edison Oil 1.20 20 Vs 19% Northrop Aircraft Ohio Jun July 15'A __l Aviation Inc Ohio 8% 96c 33% (Un) Pacific Oceanic July 83 150y* Jan 2,100 V 15% July Jan Mar/.";:. 16% 100 1.05 ,__1 (Uni Co Amer 8% 95c Feb :,/Vv 570 3% <Un)_ 12% » Apr 21% ! 7% 3% Benguet Cons Mining (Un), < 16% Feb 72 % 19'A s 20% May 10% Feb 490 8% (Un)__: & Distillers Northern Feb 7 1 Calif 47 71 504 al52% al60% (Un)__—__100 Co Jun 18 1,618 15% 1 Inc & North American Co 70% May Jun 72% (Un)—75c Corporation Co Aviation Bendlx Corp Corp Petroleum Barker ■ Hamilton Securities 530 42% 9 Baldwin-Lima J; North Feb Jan 20y» 232 ,1,252 ' 73%-i'V V200 tr': V33%''/33% VV 130 Atlantic Avco 74% July 173/. 100 National Mallinson Pabrica New York Central RR (Un) Nordon Corp High 29% 59'% 73%' -39% al60% ' 15%, 7* ' 1,215 "13% Jan 15%:', < 42'A —5 Topeka & Santa Fe Jan — — 41 % ' al55% al57'/8 — (Un)—50 i_10 Feb 58% 74% 4-%i July 20 Co Co City Lines Inc National , Low ; 500 15% 'V - ' 21 % July '" 95 43 20'/8 /• , (Un%100 Atchison ! .-5q \ v,,>'8383• 175 /'/ 25 ' 1 .'-V. Range Slnee Jan. 1 High 20Vs V15%' . 100 (Un) v15 , 20% (Un)_* (Un)_ (UnriV 43 ; __* Jan 77% 1.05 (Un) Light (Un) Co Nash-Kelvlnator -V * Inc Diablo National Shares ?•',££."•> a74%'a75% 1', (Un) Smelting A Refining American *' Inc : Low , Hotel Monogram Pictures Corp Jan « for Week a22% a22% Allied :* Sales - , 1 -r - " " Range v. Sale Price ... of Prices •/*" 16% Apr * 1 Manufacturing Co Minnesota 7% Mar 1 % July 800 . Los Angeles Stock Exchange ■■ Jun 75 7 Middle South Utilities 15% Mar Jan Mt VW'• Jan 16% 193 • Biltmore McKesson & Menasco Jan Motorola if. 8'A 155 70 I0o (Un) Montgomery Ward ; 525 a72% a75% a75% 1 Magnavox Company (Un) Mascot Oil Co Montana , 4s/4 9% Mar Jan 5 ■ Los 2% May 73A 2 23/4 May 12 3/a Apr 11% 14 1% ' Inc Angeles Angeles High 33% May 434 al6% al6% • (new) Low 28% July 344 43/^ 8.75 (Un) Range Slnee Jan. 1 High 31 % 5 Petroleum Co Lockheed Aircraft Corp Jun 200 /. 14% 4% 14 1.— -—, Low 30% __ 1 Lincoln Apr 22% Mar ' Wayne Screw Products Shares :_1 County Land Co Company Libby McNeil & Libby July 4% Jan 323 11% - 5 1 V* 1% 9 2% 14% 1 common... > 8% 2 .. —1 B 13/4 2% ——... Manufacturing Standard ■~8% 1 — Scocten-Dilion Sheller V, -2 . Paper Rudy Manufacturing Chemical Lane-Wells Los River for Week 6% Mar ———_— Metal Brewing Prophet 4% 3% —_1 Parke, Davis Peninsular 4% & Corp Kansas Power & Light Co (Un) Kennecott Copper Corp, (Un) " * Aluminum Kaiser-Frazer i 3% 2 —— Sale* Range ef Prices Par Feb 115 19 Vs Week's Last Bale Price ■ National Stamping 27 STOCKS High 3 —10 ' National JULY Range Since Jan. 1 ' Murray WEEK ENDED for Week Sale Price FOR Sales 15% Jun Westinghouse Elec Corp (Un) (F W) Co (Un) Woolworth Zenda Gold Mining Co Zenith Radio Corp (Un) 10c • 11c __ 9c 59% 59% 245 8c 54 35 80 The Commercial and Financial Chronicle (392) . . Monday, July 30, 1951 . OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED JULY 27 Week'a Sales: " Last Range for Week 8ale Price of Prices Shares Friday STOCKS & GERNON DAYTON * .1 •; •- :.V>V, •' Low Par Hallicrafter3 CHICAGO 3, ILL. SALLE ST. 105 SO. LA V' ! .. Hammond Hein 1 Instrument Heileman Telephone Central 6-0780 Co (G) Co Brewing Werner 6% 1 22 22 24% High Range Since Jan. 1 2,900 22 4*: : 5- 24% --..'.650'" 10% — 40% 41 100 High f * 6i July 24 9 May 27% Feb Jan 11% Feb Jan 44% Feb Jan •; 22% July. ! . ' 8% 'Feb Mar f 19' 200 23% 10% 40% 3 Low — Tjf * 2 * 'f 6% -- 1 Co Corp 6% t Members: Midwest Stock Exchange Hibbard & Bartlett Spencer Hupp Corporation Chicago Board of Trade 25 1 38% 105 July 4% 26 400 23% Feb 27% Apr 4 20 3% Jan 5 Mar 300 10 v 13 Feb 700 3 600 3% 3 - Huttig MIDWESTERN LISTED SECURITIES UNLISTED AND Sash Hydraulic Door & Press Illinois MINNEAPOLIS Brick Illinois CLAIRE EAU LaCROSSE MADISON Brick Central 1 common Co 4 — 11 Products 1 Co 133/4 18% 13% _• 60 18 60 100 11 57% 10 RR Independent Pneumatic Tool Indiana Steel 25% 5 common 14% Jun 500 8 3,8 600 ' Co Affiliated Akron Mfg— Brass Alleghany Corp Range Since Jan. 1 Shares High 100 27% 800 7% 50 8 350 7% 8% 8% 400 8 July 4% 100 4 Jan 4% 3% 33% Jan xl3 13% 1,500 Feb 10 Jan Illinois Iowa Power Jun 3 ' 1,950 29% 1,700 13 Jun Light 15% American (Un) Investment 1 Co (111) 1 Armour & Co (111) 18% 18% 18% 15% 153/a 153/4 11% May 4% May Kansas City 200 Kansas Power 393b July 153/a 400 I33/8 Jan 18% Mar 26% 1,300 25% 213/4 22 10 22% 24% —_—:* 25% 25% 100 24 16% 700 16 May 300 8 May 13 Feb 20 Jan 25% Apr 18% July 15 21% 10 & Light Light (Un) Co Drug 8,75 16% 16 1 —— 5 Kelley Island Lime & Transport Jan Kellogg Feb Knapp Monarch Kropp Forge Co Products Corp Jun 44% Feb 37% 40% 36% July 8% 9% - 8"% July 3,100 19% Mar 15% July Feb 900 51% Jan 12% Jan 1% Feb 1% 1% 1% 100 1% Jan 33% 31% 34% 1,100 273/a Jan 363/4 35% 363/4 200 28% 7% 7% 7% 250 6% Jan 8% 7% 7% 1,000 6% Jun 8% Mar 19% 21% 1,500 1734 Jan 21% July 483/, 483/4 200 4 3 Jan 9% 9% Switchboard 21% 22 18% Supply corn—* & 18 % 18% 5 1 Co— Mfg Co 10 Bendix Aviation Corp Benguct ' Co 21% 5 Consolidated — 40 May 40% May Jan Laclede Gas & Co .3% Co 5 (Un) IBerghoff Brewing Corp 1% 1 Bethlehem Steel • Booth Corp Fisheries (Unj Corp l3/8 : 6 13 13 A 10 & Bigelow Bruce (EL) Co ; Feb 1% 1% 850 300 133/4 Jan 1% Feb 4% 7,700: 6 51% Jan 8 60 Jan 10% 750 Jan 15% 14 Apr 20 Mar — * 62 100 Jun 70% Mar 11% 11% 200 113/4 Jan 4 22% 300 20 Jan 29 Jan 59 % % Mar 15% — 15% 200 14% July 18% 19 ' 12.50 19% 500 18% 22 Jan Leath & Libby Printing Co Field Marshall Jan May Pacific (Un) 25 Carr-ConsolJdated Biscuit Centlivre Brewing Corp—,— & Central Illinois South West -1 25% 27 2 3,4 100 3% 3% 3% 50 5 Corp Co— 21% 1,500 —50c -— Central 26% xl43/8 14% 14% 1,500 35% 35% 100 2 3/4 ■ Jan 29% Feb 2% Jan 3% Jan 5% Jan 3% Jan 13% May 15% Mar & 15% * Central 111 Secur Corp common $1.50 conv preference — i__l 3 3% 32% 35V« Apr Jan 2 Feb 17% -25 30% Chicago Corp —1 — — 3% Feb 200 26% 400 22% Jan 21 50 19% Jun 21 Apr Feb Convertible preferred Chicago Elec Mfg class A—— 18 36% 25 500 -1 8% 8% 19% 70 y.; 70 ;• .100 28% 38 38 200' AtlOO • . Utilities Chicago Milwaukee St Paul i-'X Pacific Ry Hart & t v c Portland Missouri Cities Service Monroe Montgomery Ward & Co Muter Ring Piston Muskegon Co 4% % Cliffs Iron common National Standard Tile & * Columbia Gas System Commonwealth Edison .. Vultee Aircraft Amer —, Curtiss-Wright North American Corp (Un) Co 16% Feb Northwest 63% May 65% July 24% Mar Oak 17% Jun 29% Feb Ohio 50 100 23% 1,300 47 100 47 July 96 10 91 Jan 600 69 106% 106% 65% July 82% Jan 100 59% 101 Feb Mar 82 Apr 109 May 19% Jun 26 % Apr 100 81 Jun 90 Feb 30 30 30% 400 30 July 14% 14 14% 600 12% Jan 25 31% 30% 31% 5,700 27% Jan 16% 33% 16 3,4 75- 75 75 33% 8 "• 32% • 1 10% 5 . Dow Chemical 7% *Du Mont ;t Class - Laboratories Inc (Alan A 4u Pont Eastman de Nemours (Un) Kodak (Un): Erie Railroad Packard 33% 200 10% General - Coal Peabody Box Corporation ; Candy Corp Electric Co (Un) General Finance Corp common General Motors Corp General General 14 % July 31% July ——* 1,200 Co Potter General General Public Utilities (Un)— Telephone 11% 12 % Glldden Co Jan 14% July 82% Jan Process Co— 15% 100 96 300 45 135 46% Jan Jan Jan 9% Mar 9% Jun 12% Feb Jan 35 % Mar 31 10 10 5 ~8% 8% 2% 2% 41% Jun 63 13% 5% Jan 109 19 Mar 119% Jan 300 1,100 17% July 12% July 100 8% July 700 7% Mar 8% 101% May 48% 145 24% Jan Mar Pure Oil Co Co of 7% ncn-cum preferred "Creif Bros Cooperage class A Corp (Un) Western For footnote* see Brewery page 43. 40 7% Radio Rath 183/B 18% 10 10 300 Packing Co 133/4 July 19 800 17% Jun 8% Mar 19% 3% Feb Jan 18 % Feb Apr 6 Jan 6% 700 7% 47% 18% , 49 18% 100 2,400 28% 29 y4 1.200 10% 9% 10% 1,250 26% 26% 27% 700 40% 42% 88 88 _* 7% July 46 % Jan 54 17 Jan 19% Mar (Un) Rexall Drug St 9% , Sears May South 16% 32% 400 303/a 32% 55 100 43/8 28% 9% July 12% 900 11 171/4 17% 650 95 95 15 15% 11% 11% 1,000 23% 23% 200 Jan Apr 25% Feb 7% Jun 10% Jan 25% Jan 20% 21 24% 350 .16'% Jan 19% 2,100 16% July 26% 93/4 10% 1,300 8% July 12% 10% 10% 100 10 Jan 14% Feb 12% 12% 100 11 Jun 16% Jan 100 10% — 5 5 ■. 24% July 4% Mar 100 ■:/■ Apr Jan Jan 5 Feb 30% Feb 30 Feb 26% 27 500 243/8 29% 29% 100 26 53 55% 500 46% Jan 55% July 21% —— 213/4 1,800 16% Jan 22% July 43a Jan Jun May .. . 3% 33/8 3% 500 88 12% 4% Apr 24 125 24 27% Apr 19% 300 14% Jan 19% Jun 39% ' 24% 18% 24% 40 900 35% Jun 49% Feb 8% Feb July 7% 800 6% Jun 41 42% 400 39% Jun 433A Mar 43 46 May 10 Feb 7% 42 43% 80 41% Jun 8% 8% 8% 3,500 21% 22 % 1,450 7% Jan 20% July 34% 34% 900 32 July Jan 23% May 41% Jan 17 16 200 12 54% 500 51% Jan 57% 14% 54 16 53 3/4 — & Co -15 14% 150 13% Jan 16% May Mar . Feb 54 100 Feb 41 19% 19% 700 » 41% 39% 41% 3,400 53/4 53/4 50 5% Jun 2,800 25% Jan 33% July 200 21% Jan 28% Jan May 12% Jan . -1 .15 33 31% 26% 27 11% 26% 3,050 33% -- 11% 11% 17 Standard 11 2,100 63 100 60 Jun 74% 10% 10% 300 10 July 14% 2% 23/4 300 23A Corp Feb 14% .1 Oil 13 Feb 15% Jan 19% Oil N J Standard Oil (Un) Ry Equipment Standard Steel - 9% 3 14% 10% - - 600 .15 67% common—10; - 70 2% 68 1,800 36% Jun 16% 1334 59% Mar 1,100 65 Jan 8% July - - Jun 13% 100 64% 693/4 2% 400. * 353/4 .25 new com (Ohio) 6% 63 Gas Standard 41% July 34% Jan 2% issued) Forgings Corp & Electric of Indiana Standard Jan Jan 10 3/4 .— July 41 July 22% May 67% 38 (Un) (when 67% July Jan 67% 19% -5 Inc Warrants Mar 67% 41 III ——— Standard 25 200 13% Jan 21% Standard Jun 6% Mar 9% July 42% July 65% Jan 2% Jan Jan July 18 Pacific Co (Un) Southern Spiegel 850 55 4% Jun 21% com Service A Co 29 % July 2,500 Jan 43%#Mar July 24 19 7% Southern 1.1% 3% 36 21 - Bend Lathe Works 30% Feb 2% , 13% Jan 55 3% Society Brand Clothes Inc Socony Vacuum Oil (Un)—j— 100 ■ 2,450 . Electric Co — Industries (Un) — Roebuck 500 10 15 1,100 _ Schenley Schwitzer-Cummins Co 28% July 9% Jan 12% . 9% Apr 29% Jan 10% Mar 1,050 32% 55 4,500 8% Co—- Bros Public Louis Sangamo 24% Jan Jan July 10 8% .10 July 56 % Mar • 11 36 400 —— Co Jan 2% Jan , 143/a , (Un)—. Republic Steel Corp (Un)-. Prod Corp. 14 I 400 34% — Remington Rand Signode Steel Strapping Co Sinclair Oil Corp 49% 23% Jun 15% 21% Bhellmar 600 2 15% 18 • Shell Oil 130 11% 2,600 8% May 26 % Jan 163/a Serrick Corp class B common- 2,900 3 40% May Jan 400 of America (Un)-. Pictures Corp (Un) Jan 2% 100 Feb Jan 4% 2,100 (Un) Co Feb 18% 12% 22% 32 150 4% Corp Jan 9% 55% -* 9% Mar 17% July 700 7% 23% Colorado com—* 16% 18 IIIi • 40 of Indiana 13 54% • — Jun 250 1,700 Feb Feb 18 . 7% 73/8 i8y8 73/8 July 55% 3% July 4 35 % Mar 7% ■ 700 136 12% 1 13 10 % 1 .—1 —* 10 common —. Standard Dredging Co Jan 18 Bt Louis National Stockyards 15% 12% • Gray Drug Stores Great Lakes Dredge & Dock Great Lakes Towing— Griesedieck Jan 79% I9V4 -1 Graham-Paige Motors (Un) Oreyhound 4% 100 18% (Un) (W H) 100 42% Co Goodyear Tire & Rubber Gossard 5 109 Corp common—_20 Gibson Refrigerator Gillette Safety Razor Co 9% 23% 33 %c Co Car Steel 34% Mar Jan 7% July Jan 27% 5 ; 191/4 5 245 10 25 -10 50 A- ——— (The) Co Corp Service 109 48% 13 5 (Un) PeDsi-Cola Service 100 94% 5 Mar • common RR Public 32 15% * 51 -X (Un) Car prior preferred conv Pennsylvania Public 100 5 5 Jan 15 Penn Electric Switch class Feb B)—■ 1 40 3/4 > 10 • -8 Co July 1,900 -- 10 Feb 300 33% Mar 8% July - 100 1 Inc ;/ 44% 10 » com__5 (Minn.) Power Motor 75 31 1,100 8 32% -* Falstaff Brewing Corp Flour Mills of America Four-Wheel Drive Auto Jun 40 Mar;' 74% 18% 10 Paramount Pictures (Un) 21 7% * (Un) 29% May Jan 36% Jan Pan American World Airways (Un) —1 Jan 11% 10 Eddy Paper Corp (The) Apr 64% 143/a — (Un)— Co Jun 32 — Jan Jan 353/4 125 17% Co Edison Oil 23% 26 7% —5 1 Jan 200 1 Co——,—— 15 200 11% 10c (E I) 9 10 —15 - 12% 17y* 12 _ Bancorporation Mfg Richman Co 6% / % May 30% July 23%; Jan,- 100 18 RKO Detroit & Cleveland Nav (Un) Mfg Corp— .s,— Doehler-Jarvis Corp Domestic Finance Corp class A Dodge Jun 11 , Feb 24 64 24 1,200 1 Jan 19 3/« Mar 2% — (Un) Jan 23% 25 Apr 10% 70% —— (Un)— 12% 82% — 20% ' 44% — (Un) 300 22% — - • 13% July 150 __ Aviation North 14% (Un) —1 Continental Motors Corp— Crane Company 2 2.50 Northern Illinois Corp 82% Consumers Co common -* Consumers Power s——.—-— "50 Jan Mar 4% ■ -,-. 400 * Feb Jan 693/8 —— —— —— New York Central RR Pressed Consolidated 393/4 — Co 17% —• (Un)- 25 % 393/4 ' —1 — 25% Co Mfg 38% Feb ■i 23 103 Inc 700 25 (Un) Corp Jun 68% 1 preferred Foods 32% ——————— Nash-Kelvinator 5% Cleveland Clinton 31% ' — -3 Jan 47 ' 1,150 Inc 14% 21% --- 14 % Cement 28% 96 —10 14 Mfg Co—-———_—— Chemical Co common,-. 700 25 Co 14 —10 18$jr i 38% 43 ■ 7% Feb 834 July 500 Jun ..A Ohio Corp 113/4 750 9 19% v. 32% ' Modine 500 Chicago Rock Island & Pacific Ry Co_* Chicago Towel Co common— '.J* Chrysler 43/4 113/4 Mississippi River Fuel Corp common.io 17% 64 23 43/4 11% ——1 $1 prior preferred———— Minneapolis Brewing Co 30% & —• 18% : May " 18 83/4 19'/a common 16% 24 — 19 8% • n-, Miller 29% - 64 19 1 ; Inc ' . 28 Jun, 34% May' :'6_ Jan- • 7% — Products Food 7 Feb Feb 81 10% 30% Jan ;200 j} 23 Jan 63 . 32% 7 Feb 8% July/ 28% • Feb 40 - Feb 22% July, 18% July 32% 32% 17% Jun 36% July 19% 8% 73/4 Mar Jan 119 Co 14% a - Feb Jun 1 20 38 Northern States common—— "• Feb 17% 14% 18 27% May 20% —1 Chesapeake & Ohio (Unj—. * 3% 26 $1,40 conv preference— Certain-teed Products (Un)i__. : 143A * National Light Jan 4% 100 Portland Cement Co South 7% '//,// 100 1,500 Metropolitan Brick Inc—— -4 Meyer Blanke Co— ———,———" Middle Jun 7% Lindsay Lt & Chemical common. Louisville Gas & Elec (Ky)———- —* Medusa Jan 4% 15'A _7 common... 17% Mar 3% July 36% McNeil & Libby Lincoln 7 '. 14% 15% 7% $2.50 preferred Co Motorola Canadian Jan Mar 25 Machine Co Landis 15% 13% Feb 22% — 22% 16% 400 Jan 26 Jun 100 3% Feb Jun 47 62 1 2.50 Dudd Company Burton-Dixie Corp— 59% 16% 5 Brown 5% 503/4 SO3/, 5 Borg (George W) Corp Borg-Warner Corp 46 % July Jan 31% 10 Co Sessions Mickelberry's I lp Mining— (Un) Jan 23% 950 1,800 5 * —33 %c Laclede-Christy Lamson ; 800 22 * " -IBelden 27% 21% 2,000 Apr 17 158% 200 9% Oil & Avco Mfg Corp 1,700 Jun 20% July 800 ' 4% Jan 55% May 44% Feb 47% May 300 Feb 14% Jan 12% 50 Jan 26% _• (Un) (Un) & Power 40% Jan 40% ~ Manufacturing Co 1 Refining Co common—1 81.20 conv preferred * Athey Jun Jan 150 413/4 39 41% 10 Asbestos Ashland 157 156 50 common—— 17% 2,200 100 (Un) Jan 12% 200 • American Rad & Stand San (Unj American Tel & Tel Co Anaconda Copper Mining Armco Steel Co (Un) 15% 15 41 35% May Mar 39 3% • American Airlines 333» July 373/s Jun 393% 39% " July 49% _* (Un); Elec & xl3 * Jones & Lauehlin Steel Corp Katz '■ Gas & -15 7.5o (Un)— Co 38 100 Jan Feb 8% May Jan 7 100 3% 31% ' 33% 33% 29 20% July 4% ' 26 Iowa 58 % May Mar 42 200 58 8 *»■*> * 2,300 International Tel & Tel High Low » 30 8% 1 35% Paper 22% ~8 50c . (Un) Allied Laboratories 34 Shoe 7% 1 34% International 30 5 Chemical—5 & International Packers Ltd 21% -1'' Gas Equipment Minerals International 57% Admiral Corp —-——.——•* Advanced Alum Castings—— 5 Aetna Ball & Roller Bearing 31% Sales Low -—5 . 1,000 for Week of Prices Sale Price Steel 32 % Range Last Par Acme 31% Week's Friday Abbott Laboratories 333/8 38 32 % International of the round-lot transactions only. A compilation 8TOCK9 32% 38 • Feb 14% May Feb 28% • Harvester - Feb 20 Jan Indianapolis Power & Light— Interlake Steamship Co 0 74% Jun 17% International Midwest Stock Exchange Jan' 55 *200 - 59% Jun 33% Mar 300 4 - Jan Feb Feb Jun 3% May 70 68 39 Feb Feb July July May Feb 90 Jan 95 13% Jan 19% 11 Jan 22% Jan 12% July Co Stewart-Warner Corp Jan Stone 26% Mar Container Studebaker Corp 16 (Un) .— 26% 17 10 Corp 21% 16% .. 16 21% -1 Co Spring (Un) Feb 26% 14 200 1 •100'-;. Jun 20 July 200 ' 15% 10% '950 * 26% 700^' Jan 26%* July 9% Jan 16% 25 Jun Apr 19% May 12 Jan 35% Mar , Volume 174 Number 5033 ... The Commercial and Financial Chronicle (393) 37 OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED JULY 27 Week's Sales Last Range for Week Sale Price of Prices Shares Friday STOCKS Par Sunbeam Corp * — Sunastrand Machine Bunray Ilia Tool Co 55 100 42 % 16% 600 15 V* July (The) Gulf Texas new Utilities 19% 20 3,400 17% Jan 33% 34 400 32% Jun 40 __25 common. Producing 19% 33% 48 47% 49% 700 45% Jun 26% 100 25 Apr 27% Co • Thompson Products 500 25% Jun 37 % 100 34 Apr 40% 19% 600 18% Jun 26% Jan Laboratories Admiral Corporation 18% ;r Detroit Axel Co—. 5 (The) *—..—-—~——2 Trans World Airlines Inc—— 5 Trav-ler Radio Corp J Trane Co Truax-Traer Coal Co Union & Carbon Air Lines Inc (Un)_. U S Steel Van Corp Dorn Iron Works Westinghouse Wieboldt Jar. Inc Willys-Overland Woodall Motors Industries 900 2% July 100 15% May 27% 500 53% Mar 64 Jan 31 1 18% 41 40 VB 9% '500 18 3A 41% 9% 9% & Foundry & 133/4 200 37% 400 12 VB 100 8% 8% 12% 12 % 12 1 12% 2 Vs 13% 11% Mar Copper Anglo Calif 12 Jan 12 May 14% Jan Avco Feb 14% Jan 11% 100 5 14% 15 250 11% Jan 49 w", 400 45% Jun 59% Philadelphia-Baltimore Stock Exchange Friday Week's Last Range for Week Sale Price of Prices V;<r ...... American Tel & Tel Arundel Corporation Atlantic City Elec 100 5% 1st 6'io preferred Securities 15% y, 550 3y8 Jun 3% /: . 3 ■2%: 12% 5% Mar 2% Mar -v 4% Jan 17% Jan 70 15% 15% 67% 67% 61 66% series Coal B & 15% 266 14 % 69 3/8 507 7V» Jan Chic Apr Chrysler Feb 38% 37% 38% 135 33% Feb 41% 23 22% 23 Ve 359 20% Jan 43% 43% 44 40% Jan 457/a 48% 47% 49% 1,682 46 Jan 17'A 17 Va 17% 10 17 Jun 24 3A <N CO 23 268 L Corp 10 8% 1 14% • 27% 50 Feh 19 10 CO Jun 13% Jan 1,380, 24% 28 2,916 16% July 26% Jan 68% July 40% Mar 575 r 27 27% •'S 17% 19 'A 66% 66% 8% Jan 68 I62 52% Mar 35% 36 3/4 115 26% 27 J/4 34% July 25 % Jan ' * • 27 3,793 — Reading Co Gas System Consol Chem Edison of Ind N 101 24 26% 25% 26% 51% 503/8 52 May Jan 13% 12 12% Mar 4% 263 37/a Jan Ol CO 29 Vb 4% Feb 29% Feb 1 Class 472 26% Jan B 1975 45'A 46 $14,500 1975 50 50 6,000 45% July 57% 61 Ei Feb Jun Chemical Kodak Dorado Oil Pittsburgh Stock Exchange Friday Week'i Range «f Price# Par •u,3 Low Allegheny Ludlum .Steel - (D L) Co Columbia- Gas .System, .v » •. . r . v.' * \ i"" '*• ■*'- , Fpft Pitt Brewing, J —5 Star Gas ' Common , . , Steel , - V-* ^ 14 10 % May * 28 3A 29% 30 323/a 33 60 273A July 30Va Jun 27% 27% 14 14 4 * 20 5 /•" 4% ' , 300 10 44% • Corp—. 9% common—• common— 1 Alloys -Steel Westlnghouse Air-Brake mew ..VWestlnghouse Electric Corp see ——-—* com page 43. 10 12.60 2% 2% Jan 12^» 14%^July 11%' Mar 22 Vi Feb * 25 Feb 13% 443A 45% 9 3,532 12% ^ Feb '34% Feb \V 28 July 15% May 5% Feb 3% July COc 2 Va . July 3% Jan Jan 46"% 10% Jan 120 11 600 - Co 14c 21% 7% 7% 21 73A 7% 16c 22 50c I May 12c Jun 5,000 . ; 7% -138 Jan 20% July 6 3A Jan - 206 • Co 63/'b •3/IOI II 25% 25% 28 Vs ' 656 36% 37% 302 20% Jun 23 May 316 13% July 40% Jun 32% July 18 Feb 48 Feb - a67 a67% 63 Va 63 % Apr 43% July 55 Jan 314 45'/a 55 Feb 1.70 1.70 200 29% 30% 385 22% 22% a42% a44% 4 — U : 68% — 2.25 Feb 233A July 17 Va Jun 38% Feb 29 % Feb 189 41 July 232 66 Jun 82 Apr 471 33 Jan 297 68% 104% all5% a 84 Va Apr 104 July, 33% 22% * 22% 242 193A Jun 26% 286 28% Jun 31 Va 28% July 28% 495 28% 28% 14 14 300 a29% a29% 31 . 346 70 30% 30 % 13 Feb 150 62 70 alO 50 31% 16% . 31% 16% 432 30% Mar 313A 500 14 Vs 17 3A Mar 28% Jan 51 Va Jan 65 Mar 73/b r Jan '',11 Jun 5 48 3A Feb 975 15 Vs Jun 21 80 49 Va Jun 49 Va Jun 105 103/4 Jan 12% Feb 200 85 85 85 51% 51% 665 48 Va 40 350 34% Jan 7% 200 7 150 20 3/8 373 20 200 34% 34 alio a —5 109% 8% a94% 46% 10'A * 386 # 'v — a42'/s a43 ,2% 265 a22% a227/a „ com—. ,10 46% 213/4 22% Feb 43 Jun 7 Feb Jan 180 36% 14% 67% 56% Mat Jan 48 46% 57% Feb Jan 143A 26 Jun 28% Jan 28 744 Jun 11% " 110 371/4 14% Feb Jun July 131/4 Jan 11% Jan 42 245 Jail 37% Jun 13% Mar 2,140 16% Jan • ' 45 67% July 79 Mar 2 45%.May 52 May 247 a87 a89% 67% Jan 86 July 1 3 Feb 3 "600 II 521% 52% 140 46% jun 4% 57% Feb Feb 11%. 11% "V* 956 11, 12% Jan 17% 18% 2,211 * . '. 23/4 5y4 100 1.65 200 —,6 6 206 6 57% 200 53 1.50 500 13 135 ; •57%' 1 1.50 .12i/a 13 ; r Jan Jan 173A July 51/* 1.65 5% 1.65 57% Co 483/8 29% July 56% Jan Jan 343/4 1,372 .67% 8% May 101 >A May Jan 50 42% 49% a89% Apr 503 55% a56% a565/8 • Feb 91% *6 a27% a27% . 38% Jan 6% Jan 83% Jan 26% Mar 43% July 64 131/4 __ Jun ' 245 42 — Mar 1,370 48% • Feb 5 ^ 55% 48% 29 a43 6% — Feb 29 Jan 9 870 46 • 29% Feb May 35% Jan 2,200 29 Fefc 80 : 603 461/4 9%,10% Jan 12 32 Va 100 46% ' May 43% 10% 3% Jan 222 '8% a94% a94% 96% Feb 8% July 1,141 a 110% Feb 56 July 22 ,10 54% Jun July May 38% 7% 40 (Un)_..10 Feb a58% a58% — 3% 34% Corp Plantation Jan 16% 17% a55%a55% 11% 12 „ 21% • • 14% July 28% May 30 Vb July 30% 21% 3% Pineapple Co Ltd class B (Un) ;jl May 62 21% Hobbs Battery Co Feb Jan 30 23% Mar 22 pfd (Un)—• 3 38% Mar May alO — :ii3 non-cum 59'A Feb a27% a28% 21% m Jan 1.50 com. „5 Holly .Development Co —s.—.I Holly Oil Co (Un) 1 Oil Apr 135 357 -—— Greyhound Corp Honolulu Jan a54 44% Hupp Corp (Un) Jan 1 —— Idaho 12% July 75c Jan Jan International Tel & Tel (Un)—1 33%c 10% 25c 9 : 1.95 .' • 10% 32% 24 Jan 3 . 1.35 13 I Feb 5% July 1.60 July 2.05 Jan Jan 9 July,/ 66% Jan May Feb 1.50 Feb July 193A Feb 34% 15% 3% Mar 1.20 9an 343A 15% 35 2,600 1,600 10% 32% ...» Harvester com a27/8 1.85 1.85 Int'i Nickel of Canada (Un) 25% a2% (Un)—• 24% 4% Jan 2.55 Mar 11% 9% Jun Jan 567 31 Feb 37% Feb 412 34% Jun 39% Jan 368 13% 48 % Jan 29% May 4% July 18% Mar Jan 100 V Apr , 8% Feb Johns-Manville Feb Kaiser Corp Aluminum & Corp Kansas & (Un) Chemical — a60% a60% —.• Corp—1 ; 1 303/4 . 30% 386 4% , 4% , 4% 390 ; ' 20 22% a53% 44 ,15 common | May Jan 32 3/4 July 28 Va Fen 1,320 Goodyear Tire & Rubber (Un)_ Graham-Paige Corp (Un)j Great Nor Ry 14% 10% common Kaiser-Frazer 27 180 a53% (Up) Maryland Mines Corp Independent Exploration ' 7% Jan a20% a20% 9% Works Kleiser International ' 27 (July Apr 8% July 38 120 12 V* 60c * 133 9% 18% Feb Feb 32% -- Jan < - Jun 20 % a67 % ——25 State Co Ltd common— • Honolulu ■52% 15% 605 preferred ———-——.——100 Goodrich (B F) Co (Un)—— • 11'A May July 24% 50 63 167 855 27 -4% ■ Common voting" trust'certificates,—1 For footnotes Jun 120 32% 70 230 25 10% Hudson Motor Car Co .Vanadium 1 19% 330- 10% ——2% Foundry States Glass Jan Golden 20'/a "Jan ' 20 Ve 20% Renner Co i i L 1 ...8am Toy Mining —«—1 standard. Steel Soring,^.,—.—i,a 1 ;1Q; United 9% 10 - Jan 5 common Gladding McBean & Co . 16% May - 0% Mar 10% 1 Pittsburgh .Plate Glass Pittsburgh 990 "47% Jan Jun Co— . Pitts-Screw Ac. Bolt Jan 20 & Hawaiian > *.'.•-» 'T 12% 15% 20% MackintoshrHempLill... —._x——_5 Fireproofing Corp^——i... 5 Pittsburgh-Brewing 105 112 1 Nat T, 200 14 10 20 .—i—10 T' >. 10% High 36% May 10% Jan 25 i-. .10 LL I.'. Harbison Walker .Refractories .// Joy Manufacturing Co Lone 16% 50 '**> ,—8.50 Fojlansbee Steel/Corp, 15% 15% 14 —• L Duquesnf -Brewjrig..*—r.—1 ^JSqpltable Gas Co. Low I : 41 10% 16% • — — High 15% Arkansas NaturaLGas common,. Co Clark Xaiitfiiwlu.1 41 £ Blaw-Knox: ; Share* , 51% .... fer Week Sale Price. :pfcV- 48 % May 27 General Electric Co (Un) """"• General Foods Corp (Un)— General Motors Corp common- II~5 • General Paint Corp common Gillette Safety Razor Co common III1 Sale# Last Feb 131 „5 Florida Power & Light (Un) Machinery & Chemical •' Feb Mar 1 class A Food . Feb 2.95 * El Paso Natural Gas Foster Jan 11 3,420 Jan 593A 533A Co Co 13% 1% 15% 25 Emporium Capwell Co STOCKS 646 27 25 Dumbarton Bridge (Un) du Pont (E I) de Nemours——— Jan 48 Va Mfg Dominguez Oil Fields Eastman A Bank—i common Doernbecher Dow 4% 29 % * 41% Natl Di Giorgio Fruit Corp 13% July 25 80 583 51 1% Jan 46% July - Jan 1.33% .33% Publishing Co (Un) Curtlss-Wright Corp (Un) 32% Feb 52% Apr 13% 1,982 Apr Jun 33% Curtis 27% Feb May Feb 15 Vi all5% Crown Zellerbach Corp common Crucible Steel of America (Un) 26 % 583/a 60 • Crocker First 26 Jun 5% 2.00 5 Jan 26% 48% 1,313 * Feb * 350 1% 43 Natural Gas Co (Un) .—15 Consolidated Vultee Aircraft 1 Continental Oil Co Del new 5 (Un). Creameries of America common— 1 25% Jan Feb Jan 49% Jan 15 •• 42% K." Consol 24 23 3A 32% 25 7% 21% Jan 21% Jan Jun 30 • 9% 1,133 Jun * Jun 1,549 Jun 4% 3,699 A__2% Consolidated Grocers Corp 8% Mar 18% 43 (Un) Feb 13c 10% 14% A__ Y Jun 10 32% (Un) Jan 23% 300 Jun a47% a47% 63 63 a20% 2% Gas 8C 7 2.10 • class Class B 4% 23% 10% a 32% com Sys Jan 479 15% 3% — Broadcast 26 8,600 24% ,10 7% 23 17 9c 163% May 26% Feb — —• (Un) 899 13l/a Baltimore Transit Co 4s series Co July May 7% 2.05 ,100 1,048 22% Jan 9 149' Feb — r _25 8'A 23% 11% 45 313 14% Consolidated Coppermines .BONDS 5s (Un). 6% • Improvement _ com 8Vs Brook Water Serv—• Corp United RR 6% 22% Jun a9 % 12% a47% .^,25 — 8% 50 common United (Un) 6% • 17 a44% a45% ...——1 • 3 Public Service El & Gas common $1.40 div preference common Paper Paul Consolidated 28% Mar Jan 25 Solvents (Un) Commonwealth Edison Apr 403 I43/4 11% 25 (Un) Service Columbia 15% May 8% 14% Jan 4 51 * Corp Columbia .. 23% Mar 11% Jan 22 Jan 16% Jan 44 50 —-* Commercial 100 35% 18% 10 20 common common Scranton-Spring St Ry Chemical Co Colorado Fuel & Iron Feb Jun 1% * Mining Co Ohio Clorox 54 y8 May 25 RR Co of Jun 5 Navigation Milw Cities 23 % Mar July 31% 49% 49% 6 .—...— —— America Chesapeake & 10% 6% July 663 37 % 727 M 10 Co common Jun • preferred Co Corp 82 July Jun 7 5 Celanese 18% 65 Va July a 10% >-.* Caterpillar Tractor Preferred 13% preferred—. Transportation Ink 74 Jan 30% al54% al57% a25% a25% al8% (Un)——2% California Packing Corp common Canadian Pacific Ry (Un)— Case (J I) & Co (Un) 78 20 9c JR Co, Jan 32 a9 % 2.05 -— . Jackson California Jan 12% July 306 i.&;:10; 12% 69 5 Participating - Jun 2% 1 com Pennsylvania Salt Mfg common Pennsylvania Water & Power Co Philadelphia Electric common—— * Jan 10% 16% - 12% 655 32 12% (Un) Calaveras Cement Co Pulp & Paper— Pennsylvania ^ 18 y8 432 6% Pennroad Corp Pennsylvania Power & Light Scott 695 11% I 25 Storage Battery Motors Corp 5.12% Philco 213/e 10 3A — Gimbel Brothers Phlla 20% 17% Feb 21% Mar 75% July 46% 5 i. Corp Company Byron 158% Mar Jun 10% • — Chemical Corp Delaware Power & Light Lehigh Jan 14% 50 Davison Hudson 1497/a 307 157 % Mar 7% —1 (Un) Bunker Hill & Sullivan Corp— Publishing Co Electric 1,822 15 % Jan a34% a34% 40% 41% „ 2 Central Eureka Chrysler Com General Budd High 38% May 21% III-100 Company Curtis 104 14% « participating preferred Budd 35 Va 155% 157 Va 75c Co common... Low 33'A Jun High 34% 157 13 Corp Baldwin Securities Corp Bankers 34% milio Co Baldwln-Lima-Hamllton Baltimore Transit Low - Co Borg-Warner ' Par American Stores Borden Range Sines Jan. 1 Shares . Apr Jan • Holdings Corp (Un) Boeing Airplane Co (Un) Jan 59% a 5 Co Apr 373A 150 Va PI Blair Sales STOCKS Oil May 16 3/4 July 30 651 75c Bishop Jun 91 Jan 80 100 Benguet Cons Mining (Un) Bethlehem Steel (Un) May 13% 188 (Un)—13 (Un) Jan 91 1,820 a9% 3 (Un)— Corp 60 35 157 32 100 (Un) Ohio 70% 58 Jan 83 Va a34% 5 RR & Aviation Jan -83% * Baltimore Bendlx 4% 156 y4 20 Baldwin Securities May Feb 15 48% 15 5 July 15% July 83% July P10 Baldwin-Lima-Hamilton Corp Feb 3 153/4 50 (Un) 3% 153/8 5 Wedge Mfg Corp common Feb 2V2 July a73% a73% • Atok-Blg 800 Jun 29% 30% 40 • 25 (Un) 55% 580 100 Natl Bank Jan 203/b July Jun 100 >- 15% 153/4 (Un)—• (Un) Mining (Un) 43 High 26% 80 a31% a31% (Un)—,• Co Atchison Top & Santa Fe Corp (Un) 11% Jun 8% July 15% • (Un) Atlas 17% Mar 200 13% San 58 30 115 a74% a755/8 a89'A a89% a89% 1 (Un) Low a27/e 3%;" 3% . • Arkansas Nat Gas Corp A (Un) Armour & Co (111) (Un) 40% May Jan 34% Woolen Anaconda 12% May 13% July 9% July Stan a2% 3% 'f ;—* American Viscose Corp Jan 47% Jun (Un) (Un) JaD Feb 22% May 37% 250 13 3/4 • Yates-American Machine Co Youngstown Sheet & Tube 18 1,800 37% * (Un) Jan Dye Inc American 5 Inc 3% 200 43/8 a2% —1 American Smelting & Refining American Tel & Tel Co Apr 4% & Amer Radiator -July 23 10 Ltd Airlines American Car Jan 18% 300 .1 64 12% Corp common.. Wisconsin Bankshares 3 4% Feb 4% Mar Co i Range Since Ian. 1 High a 55% a58Va a213/e a21% a27% a27% • —— (Un) Chemical Aluminium American 27% 19 % July 17 26 % . 4% * Electric Stores 200 63% — 1 • Warner Bros Pictures (Un),— 21% 2% * Corporation (Del) (Un)— United Paramount Theatres— Common (Un), -150 17 10 United 35% 21 — 5 Carbide United 353/8 5 * Mining Alleghany Corp Allied Timken Shares Low -,1 Air Reduction Co (Un) Alaska Juneau Gold 24% May 36 % May 37'A 5 — 28 VB for Week of Prices Par Abbott Jan Apr 28 % July 27 — Sales Range Sale Price 50% May 26% , Exchange Week'# Last J® J __25 Texas Friday stocks May 56 Jan 1 Bwlft & Co Texas High Low 16 16 Va San Francisco Stock Range Since Jan. 1 High 55 „ Corp (Un) Oil Low Jun 25% Jan 243* July 28 % July 343A Jan 40% Apr Power ,59 /Apt 33 Va May ' 8% Jan 16 a 16% 15 16% May 17% Mar —• 75 75 75 282 '72% Mar 76% Jan 5 73% 73% 74% 1,298 "57% 74% July Light''(Un)—_——8% al6%" . a ' Kennecott Kern Copper Cofrp;*-(Un) County Land-Company Jan Financial Chronicle The Commercial and 38 . .. Monday, July 30, 1951 (394) OTHER STOCK EXCHANGES i --—-10 Leslie Salt Libby McNeill & Libby Co (R H) Co • — ~?/4 o\j/4 (Glenn) Co 5 J —- McKesson pfd (Un)_l0 Monolith Portland Cement Montana (Un) Co Power Auto National New N Y Central „— (Un)— RR — — • * 1 • Company Park Mining Co al8% 21 1 City Lines —— National Distillers Products (Un) 69% 10 5 1 National Natomas — -* (Un) Corp Fibres Nash-Kelvinator — preferred Oceanic Ohio Oil Co / — — Products Inc Pabco Pacific Can Pacific Co Coast Finance Gas 6% • 1st 5%% 5% ' Feb S May 14c Jan 37c Jan 92c May 9 Jan 11% Apr 45 21% 27 130 18 Jun Jan July Jan 21 1,280 10% 100 9 Shell Oil 31% 22% Jan 50 17 26% Jan 8% Jan 10% 910 1.95 Jan ,15% 765 21% May 19 215 July 50 2,777 32% Apr 10% 10'A 120 (Un) 1st preferred preferred — redeemable preferred 'redeemable preferred —* 4.80% 1,640 587 30% 115 19% 15'A 9 4% 1,245 30% 28 % 27'A 28 — — 49% 20% Mar Apr Jan 5 % Mar 17% Union 20% July Jan 270 285 (Unj J N Portland Pacific ; Public Cement Service 1st preferred Pacific Tel & Tel com * 51% 51% 51"% 1 7% 7% 7% 18% 14% 20 1,459 common Oil Corp Pacific Western w ■ Oil ^ Inc Carbon Utah 1 Long Dist Tel Phillips Petroleum Co new Sound Pullman Inc Oil Pure Pulp (Un) — 10 a64% Fargo Jan Bros Co 113 Feb Wells 149 Jan Westates 21« May 13% Jun 50 2% July -16% July 85 a55a56% 185 43 Feb 4% 20 V* Jan 220 19 % July 26% Apr 54% Mar 63% July 40,% May Jan 23% Jan 30% 10.% 4%; 4% 21 21% 1,740 300 8% Jan 11% 4% Jan 4% Jan 2'A 9"% 1 . __ 21% , (Un)_l com July 950 19 V2 58 18% 966 37% Apr May 22% Jan 41% 40% —> 467 al9 Jun al8% __ • 1 (Un) 5 & U T — 112 100 (Un) 1 Life Insur (Un) 254 , V I Apr Feb Jan Feb Feb 21 47 »A Jan 9% Feb Lines Dept Stores Inc . July 280; Jan May 91c Jan 15 500 14 315 30% Mar 14 14 355 12 V* 22% 22% — r :": Feb 253% 62c 64 1,725 a38%,a39% — 1 (Un) 114'A Jun 110 15 — 1 Sugar 13"% July 11% Mar 75 65c 5% 5% . 7% July ~ 145 v: 62c 5% — 5 1,872 8% 9 al3% al3% 112 112 253% 254% 9 . 100 — Air 4% 685 6% Jan 16% Jan 15% Jan Jun Feb Jun 38 Apr Feb Jan Western Jan Western 68% Jan Feb July Pacific 54% (F 50c RR * 8% ♦ 25 17% — 34% 430 Feb Feb Mar 41 40% May Jan July 11% 42% July 278 f ' '38% May 23 ;a45 5% 17% — • Jun 47 25 ~ '8% —V a44% 5% 5% 1 —1 — ' 25 52% 19% May 291 * a37% a37% 37% 37% — V t ——10 — a48% a48% — 12% common Preferred Feb — common—* Co (Un) W) Yellow Cab Co 47% May Jan Jan 574 30 26%. 9% — , 10 Pictures Western 12% Jul* July 37% July 16 V* 315 28 10 (Un) Indies Apr 48% 48 % 32 Va Mar 3,887 „ 41 Woolworth a45Va a45% 720 Fen Jan 27% 46% July — 63% 21 % 23 34% 35 >a56% 62% __ Feb 34'/a Jun 46% 386 20 65% Jun Jan 20 % May ■* 30 48% 37% 19% 21% 48% 37% 19% . 17% 28 45% July Jan f Jun 26% July 19% Mar (Un) Bank Coast 26 25'A 59'A 555 1.050 Western Union Telegraph (Un) Westinghouse Elec Corp (Un) Willys-Overland Motors (Un) 2,378 644 1,135 4.049 22 1,757 « 65 25% 30 17% Jan 35 a70 65 26% 26% 19% 20 a21% a21% Feb May 68'/a May 38 % 946 20 46% 50 Jan 25% May Feb 36 61% 33% July 61% 25% 100 19 45% 22 37 Petroleum common West Jun 9 Jan — Co (R) Preferred Apr 25 Jan Feb 3a% 25% common Equipment Jan 21 % 525 20 . & 406 __ — Weill 17% 10 a63% a64% 17% 9% 34% (Un) Co 23% 183 * • • (Un) Warner Jan 23% a2% 23% a2% Co____P100 Timber & Victor 15% Mar West - — 23% May Jun 9% 385 • Philippine Puget ' 400 10 Corp July • 23% __50 33y3c 25 Pennsylvania RR Co (Un) Co (Un)— Phelps Dodge Corp (Un)— Pepsi Cola 10 * • - 1 (Un) Mines Cons ; 73 Va July 5 (Un) (Un) 13% 103 May Jun 27 V* J 12 V* 59 43G 44 — V, July a69% — Feb Feb 34 % 184 19% • (Un) inc. Del Param'nt 139% May 17% July 2 Mar i—*—12% Corp of 22 41 , 5 Sugar Steel Feb 35 Feb 9% 7% July 1,486 al37%al37% 18% 18% — — ' 15 10 2 Theaters S 49 285 25 (Un) United Gas Corp U Jan 32% July 5,528 * Corp United 18 300-' 22% 22% 108% 108% — « 10 (Un)_2.50 ; ,; Paramount Pictures Mines (Un) Park 22% ^—100 Pan American World Airways -- 14% * 100 Preferred ,• * common— — (Un) Cement United Can & Glass Co common 53% Mar 40 884 49 __ 1 30% Mar Jan 450 22% 26% 20 1 Union Oil Co of California common__25 Jan 33 Va July 47 a70 com„15 28% 50 425 20 25 new 32% 29 Jan 22% — 48% • (Un) May Apr __ • United Aircraft Corp 26% 820 (Un)—10 Pacific Lighting Corp common—. Pacific Petroleums Ltd-——-— Pacific — 11% a28% 1 • California United 5% Jan 11 of Lines Jan 41% July 34% 25% 363 Union Feb • 782 1,035 127 26% July 25% Mar 238 5% . a29 Inc Airlines Air 4%'Mar, 11% 64'A 34% Mar United July 79 7/. May Mar 64 25 64% 36% Feb 56% May 66 11% Jun 29 • a28% 31% 847 41% — 1 31% Mar Feb 32 33 « —5 & 13,000 '• t 28% Associated Carbide - Jan 55 % Mar 1,101 9c Jan 52% 345 78 a3% 41% 33% 41% 75% a3% 40% — a3% 41% 33 % 41% 5c 224 66 8c 53% 53% 66 31' (Indiana) TransWorld 10% Mar — — Apr Jan 24'A July of Water 46 30% May 15 .Jan Co Transamerica 38% Mar 42% May 37 Oil Tide 33% July 121 437 Co Texas Company Jan 19 Jan 4 50 — Apr Jun 750 1,120 1,350 Sunray Oil Corp 33% Mar Jan 13% 33% 43% 31 ■ Portland 15 13 33% 43% 7c 31% Oil Superior Jun 13 — 28 % Standard Feb 2.05 13 Feb Jan 34 30% : Corp 4 Va Apr Jan Petroleum——2 Ol! Studebaker 36 3'A 27 33% 24% Standard July Jan 8% 435 33% 30"% 28'A 27% 28% May . 15% July 550 972 33% • 17 9,876 — 31 32% 24% 31% series Co Co 30% July 100 —-25 4.32% pfd Standard 13% Jan 49% 615 33% 32% 33 % 25 25 25 25 25 _—.——; 1-70 1.80 32% 32% a53 a54% 1.60 a20% a20% 25 100 Jun Jan 800 — (Un)__• com _—s Brands Standard Jun Mar 50 , 10% July Co Pacific Corp Jan Apr 60% 32 , 15 5 Co Feb 19 47% Corp Southern Sperry Feb 34% 34 50% Mar — Gas California Southern 22% Mar 14 10'A „— Jan July 177 1,868 A__25 Edison Southern 439 49% 5 10 Calif California Sou Jan 100 — Jun. 28 V. - 33% 5 ——5 (Un) (Un) Corp Cumulative preferred Feb V 26 Oil Southern 2.75 Mar Jun — Socony-Vacuum Oil Soundview Pulp Co 310 95 — Sinclair Apr 32% 5 32 > 32% 58/a 3% -15 Feb 10% May 33% July 292 Co & Co Signal Oil «fc Gas Co clau A King Coalition (Un) Jun 21% Jan 5 145 ;. 32 . • Silver Jun 18% 15% 8% 4% 13% 33 14 30% 3% ' 10 Mining Roebuck 23% May 73% Feb Jan 65 590 Maurlcio Sears Jan — 49' % 13 % May — ——5 —10 —-P10 (Un) Joseph Lead San 172 17% • St Fine Inc 8afeway Stores Inc 24,150 22 common & Foods 19 8c 87% preferred 1st W 18 % Mar 15% 18 A — 35% Jun 125 Jan 2.50 May 50 10 Electric common & 3% 200 Jan Feb 36% 595 3% / Apr 59% July Mar -36 July 85 Jan 47% Mar 40% — —1 (Un)_ 62% 38 13% 32% 31% 58% — 1 33,500 90 Aggregates Pacific Feb 37%. July 87'A ; pacific 44% Bros 31% Fisheries American Pacific Pictures Roos 87'A (Un) Ohio Oil Co RKO 14% 18/a — 11 70 22 . 91 — Riverside Cement Co class A (Un)—25 Feb Corp Jan 32 20% Mar 135 ' 13% i « High 16% „a36 — 1 * 21% 15 18% — —. 14% July 583 1 8 • Co Gas 15% May 31% — & Manufacturing Co 95 — (Un)_ Oil Rheem 670 — Co Edison Feb 34% Mar (Un)—.———20 Ltd Co Sugar 17% -100 — — Northern Pacific Railway Oahu 36% Jan Jan 32 Low 673 > a35% a35%, • -——1 10 (Un* Republic Steel Corp Richfield Oil Corp 32 32 8 A 8,4 2.00 2.00 16% 17% 22 A 22 A — (Un) 1 North American Co com (Un) —10 North Amer Investment common—100 6% Reserve Reynolds Tobacco class B (Un) July 13% 28% 20 — Aviation American North 2.50 10% 8% . —• Niagara Mohawk Power Feb 11 10% 10% a23/< a28 A 69 Jk 69/a &30 /a a30A al8al8% — „— Montgomery Ward (Un) Morrison-Knudsen Co — 1.60 Apr Jan V 80 a60% Range Slnoe Jan. 1 High 21% 21% 80. 80a60% a61% — 25 i Feb 615 10c 90c 9c 88c Preferred 18% -- 10c 89C 20% July Jun 315 2 85 — Utilities Inc——---* Mindanao Mother Lode Mines P.10 M J & M & M Cons (Un) 1 South Middle 37 A 37 A — July Feb Corp 14% — J Menasco Mfg Co 18 10% Shares Low of America (Un) • Railway Equip & Realty Co Ltd pfd_100 Rayonler Incorp common 1 Mar 100 al6 al5% — 35 620 31 A 31/4 31% Co (Un) -* & Robbins Inc (Un)—.—18 Navigation Matson 16 Jan 8% July 1,717 32% 33% " Calculating Machine Marchant Martin — — 32 1,055 19 /8 20 15 % 1J 1*6° common & Co Macy Magnavox 100 Radio for Week of Prices 8ale Price Par High Sales Range Range Since Jan. 1 LOW ,.V ®{4 J Lyons-Magnus class Share. 33% 33% v.- - Week'a STOCKS High Low ■ wi_l * ' com (Un) Inc Loew's new » --J —— Aircraft Corp Lockheed ' far Week of Price. Sale Price Par JULY *7 Bale. EanfS L»#t STOCKS B1U RANGE FOR WEEK ENDED Friday Week's Friday 45% Feb May 5% Feb 8% , 180 4 1,175 17% 12 Feb 20 Jan Feb CANADIAN LISTED MARKETS RANGE FOR WEEK ENDED JULY 27 Week'a Friday Montreal Stock Exchange STOCKS Power & Paper common $1.50 preferred Acadia-Atlantic Sugar common-: $1.50 . class 5% • *■ A preferred Range * Agnew-Surpass Algoma SCeel Aluminium Aluminum 8,365 18% Jun 22% May Canadian 1,360 24% Jan 25'A Mar class 6% 300 6% Jun 19 19% 310 101 101 40 19% __ 18% May 101 Jun r pfd 10% 10% 200 33 V* 33% 405 28 96% 97% 905 91% Mar 24 24 185 23% May aio al0% __ " 96% 25 __ 9% Jan Jan Argus Corp Ltd common . 4%% preferred Asbestos Corp • 21 Feb 105 Mar ' 55 • — 90 • — 20 * 53 10 103 Julv 31% 32% 160 25 14 2,090 17 430 * Foundry __ • 13% 14 20 common 17 " .. 17, 3,313 i Canadian Power & Paper class A Class B Bell Cottons Brazilian Canadian Oil Companies common 26% 153 8 Jan 14 5% Jan 52 41 Jun 44% Traction Light & Oil Power common 5,550 9 Jan 14% July 90 77 Jan 90 Feb 39 Jan 55 July W 285 55 1,670 19 20 5,245 51% 53 585 . British Columbia British Columbia Class B Power class A Cockshutt Corby 17% 3,971 39 v: 2,954 22y» Jan 27 4,390 29% 39 Vs July • 23% 23 % 23% • 38% 37% 94% V 391/e 94'A Jan July Building Products Canada Cement $1.30 preferred Canada Iron 20 Foundries common Canada Northern Power Corp Canada Safeway Ltd 4V*% pfd Canada 6% * Steamship common preferred For footnotes see page 43. 10 _» 100 94% July 8 8% 7,685 5% Jan 29% 740 28V* Jan a4.75 a4.75 10 10% —' __ 32 32 . ' 29 a20 & smelting Textile 1,295 50% Jan 23 195 20 % July 87 125 78 29% 29% 50 36 Feb a21% a22% 80 17% Jau 24 % May 25 99% May 101 Mar t alOOalOO'A 93 — Jan Mar 92 26% May 6,929 29 28'A 18% 17 19% ' 34% 32% 35% V Jan 32% 13% Jan 22 y. 5,019 * 23% 6,675 29'A * V 23% Jan it VV,. a22% alOO'A • * * 12 12 149% 154% 24% 24% 12 154 r * 771% 28% 29 a20 a20% alO% al0% * * ^ 22% Jan 35 Feb ;fv, Leather Distillers Ltd class A— Co 9% Apr Dominion Coal Feb Dominion Dairies'common - Dominion Bridge- r—; 6% preferred 4% Jan 6% Feb Dominion Foundries & Stpel com 8% Jan 15% Feb Dominion Glass Feb Dominion Steel 307/8 Jun 35 1,320 54 Jan 78 554 27 May 297/a Jan 255 19% Jan 22% Feb July common & Tar Redeemable & 25 10% Jun 12 Feb 93 25 93 July 100 Jan 7% preferred 220 25 Jan Feb Donohue Bros Ltd 45 236 44; Jan 50% a207A a207A Feb Textile Dryden Paper v 12 Chemical 22'A 6% Jan 154 % July Jan 130 167/» Jan 26% May 30% Feb 10% Jan 17% Feb 11 Jan 17% Feb Jun .v.. : ; 126 V* : 25 10 5,990 , L common—* ( 23% 18% 52% * < 18% 655 45 20% • . " 40 20'A — - 13 14% 160 39 36 — 31 , 770 160 545 34 21V* Jan 23% Jan Apr 8 Mar 6 Jan Feb 67 Jan Jun 115 40 Va Jan 55 64 Jan 80 18 285 12 July Jan ' Apr 19 Ye July 14% May 5,256 32 Feb 45 July 100 20 May 22 Mar 5,695 > , 13 10 15 160 32 21 Va Jan Jun 55% Jan 7,300 >"• 45 20% .40 .. 115 ■V ^ ; 21% 26 V* 10 1,445 19Va 12%„ 15; • 100 • 53 75 — • ;• • * - • 52% 74% 61 — r 6% 28 - ,t common— .28% .64% 22 V* 28% 62 V V 25 -* — preferred 31 Dominion — Coal Dominion Stores Ltd Dominion * -—* 325 93 44% V— , 13% July 1,510 14 .13% ; * Seagrams Feb 37 Vs 11% 13% 13% — 12 205 V Feb July Feb 500 v a27 * • - 100% 32 a27 , , Distillery class A j. 50 V.y. 32 75 (H) Class B Glass 31 __ _* 50 25 29'A • — • 8 » __— common ■ Jan 29% , Feb 68 57% * (B J) Consolidated Mining 31% May 42% Mar 1,180 y 1 Feb Feb 87 • Coghlin Consumers 39% —V 17 Va 18% 21% 25 Plow Consolidated 30% * — Bruck Mills Ltd class B_ July May 56% 100 - Vlckers 54% May 39 • 13 V* 16 , 87 . Pacific Railway 20'A May Jan 30 __ Jan 32 V* July 23 —* preferred Canadian 40 30% pfd_100 Forest Products • 105% 57 ■ Locomotive 13Va Mar 39% British Columbia Elec Co 4%% 29'A May Feb 14% ; : Feb 25 American 21% July 33'A Apr - * Canadian Davis British • » common Jan —* Telephone •, 25 Celanese common $1 series 1 Bathurst High ^ Jan Ltd Feb 41 »A 54% ' 95 104 Apr 88'A 14% 32 104 35% 13% __ 32 104 12 107 41 % __ 100 — Atlas Steels Ltd * 50 Jan — A Canadian Amalgamated Electric Corp Anglo Can Tel Co 4%% pfd— & 17- .• -— ^ Feb 8% Canadian 10% • 4% Car 19% 25 V* • Can Canners 19 „ 21 % 20% 20% .—100 common Canadian 25 Va 6'A ' Bronze Low High —* Breweries 5 % preferred J. High Low ■ Shoe of Canadian Range Since Jan. 1 19'A * 100 Ltd Co Shares High 25'A 20 ■' • far Week Low * preferred ... Bale* of Prices Last Sale Prion Par Abltibi Canadian Week's Range Sinee January 1 Shares of Prices Low Par i , Sale* r for Week Range Last Sale Price Canadian Funds Friday 1 STOCKS 29 Jan 160 2,350 150 29 , ■. 16% Feb 175 Jan Jan 40 Jan 36 Va July Apr July ' (395) CANADIAN LISTED MARKETS RANGE Friday STOCKS Range of Prices Par Electrolux A preferred Low -20 Corp Enamel & Heating Products Famous Players Canadian al4% Fraser Co 4%% new com common Qatineau 1 Power Gypsum Lime & Jan 31 July 16 Jun 18 Feb 10 May 12 July Apr Apr 16% 315 11 12 &1 3,141 102 102 15 al8 al8V4 250 a!04 3.20 75 & 48% * 48% 24 24% 103 Jan 103 Jan 17% 25 for Week Shares Canadian International . Canadian Marconi Jan 23 I Tr * com Company 5% preferred Canadian Western Feb Canadian May Westlnghouse Jan" Apr Claude Feb 8% preferred Consolidated Div Neon General class Hamilton Bridge $2 Bay Imperial 4% Canada of a46 50 44 Jun 57% 58% 1,120 54 May 37% 35% 38 6,900 27% 10% 10-% 10% 23%"" 23% 2,130 10% July 23 Apr £1 Corp International Bronze 6% International Paper pfd Canada Service dist Secord 37 38% 52% 62% 18% 48 class 26% 13 13 '* * 630 33 75 7% B Export class > Apr 1 Jan 23 13 >42% 205 3% 125 26% Jan 2,360 6% Jan 9% 78 78 100 75 Jan 81 % 12 12 360 12 Jun 13% Feb a9 25 9 Mar 13 Apr • July 46 101 y« May 21% 11 Jan Jan 13 38 144 18 1,185 \>> 14% al4% Jan 28 y2 so 19% ,38 Jun 15 11% 1L% 1.1% 300 9 Jan 12 preferred - ; "16% 26% 26% 27 525 14% 13% .w% 29% 30% 23,340 11 2,260 19 110 28 Jan 38 Breweries 24 July 28 Jan Jan 14 38% 383/4 30 33 Jan 40% Mar 25 Frere Limitee Oilcloth & Linoleum Co Structural Steel Steel Products 30 ?• 645 ■v.. 16% 60 Jan 28 Mar - Co Lakes Class of Canada A 14% Mar 50% 50% 99% 50 99 y2 105 98 % '/ Jan Mar Mica a of & Royal Metal Co 63 Jan 83 20% Jan 27% Feb 36% Apr 24% ♦ a - 24% 32 Series A 13% .100 Canada Breweries com_ ^ — — Co -100 common Canada common — „ 5% < July 31% . 103% Jan 49 205 43 25 39 May 48 y2 Jan May 47% Jan' 52 Jun • * & Jan Jan >20 5 510 140 75 * Worts _ '• 96 Jan v 26 33 32% 32% 12% 13 9% 20% 53% 23%' 53% . __ ."'A* 39% "lOO Jun July 20 Feb May 27% Jan Jan Jan 35% Jan' 400 30% Jun 36% Jan 12 Apr 14% Feb 5 10 185 23 y4 5% 140 555 Jan July 8% Jan 18% July 7% 159 Feb Jan 11% May 25% Jan 170 20% July 50% July 60% Feb 235 23 26 % Apr July 40 y2 2,150 36 Jan 99 99 75 99' May common 25; 1-25 100 Jun 39% -- , 11% 20% 53% ; Feb Feb 30 140 9% 20% 21 20% 25 150 140 Feb Jan Jan 980 :*7, 140 145' Feb 93 1,245 13 Apr 30 18 "> 600 3L% : 18% 25 32 21% July „ 18% 85 100 18% e _ common 25 16% 'inv Ills _ common 20 'J 25 26 —— preferred 13 30 — 25% May Mar, 46% Feb 100 Jan irrnr*--"-i Ho 520 24% 24 24% 1,573 24 27 27 29% 1,135 26% May 10 36% 36 36% 1,477 1.30 8cotia 20 1.25 1.35 10,360 -10 __ 20 10 - 10 10 mmtl 26% 26% 26% 2,790 Rights Royal — Power 14% Feb 26% Jan 19% Jun July 21% Feb 28 Feb 32% Feb 35 July 46 80c July May 31 25 2.25 Jan July Feb Friday '• * STOCKS Last Belding-Corticelli Ltd new com__—_10 Belgium Stores Ltd common..... * British Columbia Packers Brown common Company Burnett 1st class B Range ' Lew 183 109 15 107 Apr 115 Jan 24 25 885 22 Feb 27 May • 25 16c 10 10 10,000 420 40% 40 y4 40% 435 a!7 al7 7 15 Jan 2.32 117% 117% Shares Metals ♦ 2.45 2.60 32 32% 480 12 11% 12% 15,225 66 %c 62c 69c 92,300 1 2.25 2.06 2.28 31,500 1 38c 32 %c 38c 22c 22c 22c al8%- al8% 31% Band-Ore -•. Gold 1 Ltd Mines 53 Ltd see page 43. ; Apr 1 2.27 July 50c Jun 32%c July 22c July 157,500 w July 1.83 2,500 3.10 Feb Mar 83c 2.40 Mar 38c 37 %c July Jan 5c 5c 5.90 6.10 5,300 July 6.10 July 55c 55c 58c 9,500 46c Jan 74c 1 20c 20c 21c 2,000 20c July 3c 3c 2,000 3c Jun 6%c 27c 32c 9,000 Apr 46c 6c 7c 3,000 3c Jan 14c Feb 5c t 5c 1,000 5c Jun 15c Jan 5,000 64c Apr 4 Belle ; Lake Bordulac Mines Ltd Gold 1 Ltd Mines Gold Bouscadillac Ltd—. Mines Chibougam Bob's - W- -1 Ltd———1 Mines Bouzan Gold Mines Ltd 1 Carnegie Mines 6C, — * Ltd V 40c 47c Century Mining Corp Ltd Citra Lartic ... Candego Mines Conwest Exploration Co Cortez Explorations Ltd 35c Jun 1,500 4c May 6%C Jan i8;ooo 8c May 20c Feb 10c 10 %c 16,000 4c Jan 12c July 20c 20c 22c 2,500 15c Apr 37%c Jun 1.30 Apr Gold El — Mines Ltd Falconbridge Nickel Mines LtdMines Apr Feb 5%c Jan 500 10c Jan 16c 18 350 16 Jan 20 Feb 8.90 7.85 9.10 20c 20c 26,250 3,000 1 6.85 May Jun 9.50 Jan 16c Jun 32c Jan July 17c 5,000 12'/2C Jan 17c 1.35 1.40 1,800 *1.25 Jun 1.40 July 9.75 9.75 9.00 Jun 8.40 8.40 100 6.90 Jun 13 Feb 8.40 July 3c 3c 17c 1 1.40 * . 8.40 -• 900 2%c Apr 5%c Jan Ltd 1 7.10 6.50 7.15 —— 1 -- 6c 6c 1,000 6c July 8c Jan 13% 13% 3,170 10% Jan 16% Feb 17c 20c 50c Mines 13% Explor Co Ltd July 42c Jan 40c Jun 99c Jan 12c July 25c Feb 18 300 May 19% Jan 7.80 500 Jan 9.50 Jan 33c 34c 5.40 5.40 14c 14c 4%c 4%c 2,000 16c 17c 33,000 1.43 1.65 14,600 1 Goldfields Ltd —1 — 1.55 1 Ltd , 200 3,000 61 58% 61 350 65c 69c 16,900 16 16% 27c 17c 27c 50c 50c 55c .16 6.25 30c 8,500 . 67c 5 1 • 1 • Ltd Mines 17c 2,500 7.75 7.75 1 3,834 2,500 * Ltd 8.15 May 55c • Mines Ltd Jan 17% . 12c —1 Ladulama Gold Mines Ltd 6.00 12c 12 %c 17c Ltd Labrador Mining & Mines 3%c July 1,000 1,000 Mines Mines 1,000 Jan 3.15 13c 1 Kayrand Ming Devi Co Ltd—.——1 Kerr-Addsion Gold Mines Ltd —1 Lavalic 3%c 72e 10%c 13c Hollinger Cons Gold Mines Ltd 8 Jaculet Mines Ltd...——————1 Lamaque Gold 400 Jan Jun 5%c July 3.15 July 17% —1 Ltd Mines Manitou 3.15 75c 45%c 18 — * Giant Yellowknife Gold Golden 10,850 3,500 1 Ltd Mines Emerald Glacier Goldbeam 500 6c 3%c 3%c 90c 50c 3.15 __ * Oil & Pen-Rey 90c 47c 5%c 49c 1 Mines Ltd Sullivan East Eldona Feb May 12c * -1 Ltd Ltd Mines Jan 5%c Ltd—1 Cournor Mining Co Ltd Dome 55c 9c -1 Mines Cadillac Central Feb 5%c 1 Mines Ltd Silver Cobalt Lode Consolidated io%c Feb 8c 12c —1 ■ Consoi Jan 5.90 1 ——1 Mines Ltd Gold 4c 1,000 —1 Cartler-Malartic Gold Mines Ltd Centremaque 475 , : May 5 35 July 12c Jun 3C 15 %c 73c 53 55c Jan 5.50 Jun 35c Feb May 6c Jan July 33c Jan July Jan 53c Mar 16 May 1.68 Feb 69 Feb 80c Jun 20% Feb 47,800 ; 17c Jun 41c Apr 9,200 35c Jan 65c May 30 ' - Calumet New Formaque Pacific Santagio Mines Ltd—. a— 17% 400 11 Jan 15% 8,565 9% 114 275 96 •: 53 -1,505 47 4.25 250 ; ■*- Ltd New May 52 Mines New 8 Jan 9 % — 3.40 123 Mar 53 Apr 6.00 22c • 1.63 1,100 1,800 64,700 & Oils Ltd— Mining Corp 1.51 1.49 15c 15c 500 20c 18c 21c • 5.10 5.10 5.20 15,500 1,225 1.21 1.25 2,200 50c Ltd 27c Jan 2.70 Jan 20c July 99c Mar 13 %c 50c 3.70 45c 1.97 Jan Feb May Jun July 24c May 18c Jun 29c Aor 4.50 Jan 6.00 Feb 1.12 1.65 Jan May 17% July 16% May Mar - 3,000 20c 1 Coal Mines Ltd Normetal 30c 3.00 22c 1 Ltd Mines Feb a__ 27c 3.00 1 Dredging Ltd ——1 Cons New High Jun 400 t Feb 18 6.00 14 8% 112% 114 July 1 33% 14% 14% 10 42 • Mines Jun 17% 17% Jan 35c - Ltd Barvue Jan 9 8% ■ July Jan Feb Base Metals Mining Corp Ltd— ' ' 10 Jan 120 % Mar July 34 >11,800 1 — Ltd—— Corp 1 Nechi Range Since Jan. 1 Low 32% „ 16c J*n 21 117% July 25 17c Feb 20 20% July Feb 28% 11 % , for Week High 4.25 preferred preferred For footnotes 20% 109 17c Nocana convertible 20 % 33 Jan 100 Montauban Sales of Prices Par Pulp & Paper Mills —_—5 Development Co Week's > Sale Price 2nd 17 Ltd Mclntyre-Porcupine Mines Ltd Merrill Island Mining Corp Ltd Mining Corp of Canada Ltd Monpas Mines Ltd Canadian Funds $5 100 ?.• Mackeno Montreal Curb Market 43 17 17 Ltd Louvicourt Anglo-Nfld 17 Ltd—10 Lingside Gold Mines Ltd Anglo-Cdn 233/4 July 93/4 July pfd Joliet-Quebec •LI / Commerce Hova & Power Goldora Mines Ltd Bank*— n*nftrilpnnf» Montreal 400 Atlin-Ruffner Mines (B C) Ltd May 21%. Feb Jan 112 95% * Electric Ltd / 2i*is 100 preferred preferred Sellers 95% ■— 7% Walker Gooderham 5% 580 11 Aumaque Gold Mines Ltd 21% May 18 Mar May - 18 ,75 . n'jiSO.. ' * ^ Cotton (Geo) 49 18% — United Steel Corp Weston 25 93/4 6% Ascot ___ " 44% — Preferred Winnipeg 98 6,174 . 20 f. Power Thrift Stores Ltd Wabasso 35 %/ Jan Jan 28 % 100 ai40al40 >>j— • Chemical Tooke Brothers Tuckett Tobacco 14 60 5:^25 — Feb 1.65 July Jan 24% * Ankeno Mines Ltd Jan al9 419"% ■ ... Canada of * 3.50 Jan 25 Ltd Anacon Lead Mines Ltd Jan a 12% 6,226 tirA4 IlOO '* common Southam Press Co Steel 16% 20% a__. 165 99 •*49 Voting trust ctfs Simpsons 4%% preferred Standard Jun July ,, 18 2,540 »s a2L% a21 % of 18% July 200 • preferred Southern 15 18 34% 44 class A Williams IL 5 al9 ,, 18 —50 60 a20 98% 35% 13 : 46%- 48J/< 46% common.. coqi- 1,470 2,375 19 a 14% 99 * 90c 25% Apr Mining Stocks— ' 18% -val8 14% preferred— 4%'%— Sherwin Sicks' a .020. ... 4% Sheraton 270 > ;■ 32% Paper common Series B 7% 19 Canada 16% Mar Jan 2.70 Jan 13 65 May 13 (Can) Apr 27 y4 Mar Industries ■, United Amusement Corp v t c new—* United Corporations class B * Western Canada Breweries Ltd S Jan 61% 11% Mar Apr 980 25 Feb 52% May 1,775 Russell 27 % Apr 1.65 Nova Scotia Light & Pwr Co Ltd com_* Power Corp of Can 6% 1st pfd—100 54 y2 July 17% Jan *•*3% preferred— -25 1.65 Feb 180 51% 5.25 30% common Light >/:-• al2 Apr 10 % Mar Jan 24 ftl;, 3.65 28% Feb 915 300 y 30% 12 55% 49% July 12 9% July 8 Oo 31% 25% Jun Jan ' ; • Corp Jan ' 32% _• Co Paper Mount 11 % 26% 155 is 4.20 al2 10 Ontario Newfoundland '75 L a50% a51 % • Canada Ltd Minnesota Moore Jun 8iy*~82% L4-. Power a51% 10 250 22% Jan 66 rwv"*.: « pfd_50 conv 47 10% 125 ' a 1,410 50 25 81% "» Snawlnigan Water 4.00 , 11 '•■£ 3.25 Apr 54% * ' •, 11 18% Apr 53% —I , common.... a49% a49% aio A Feb 17% July 15% July 18 Feb Corp 8,355 50 3.25 Jan Lawrence 17% Feb 21 • 56 St Lawrence Flour Mills 16% Corporation* Power 75 Saguenay Power 4%%' pfd 17 70% Jan com_* 19 66 Royalite Oil Co Ltd..— com—• Jun 15 75 Feb 443/4 667 al4 Ltd Light & 63 July 49% Jan Holland 52% al3 3.10 Jan 32 52% 53% —........ _ 50% al4 • class Transvision-Television $1.60 51% Jan Jan Southern Power A...* 8% May 1.50 11% Feb Knitting 10,600 49 % 28 Regent 2.40 875 85% Feb Quebec 'Feb 2,25 225 Jan common..^.. Transport LLiL-iLi-.. May 33 Jan 14 May Power Corp of Canada Price Bros & Co Ltd 68 May 67/# 56 21 Provincial July 29 14 69 , 58 75 56 2,135 ... 10 30 Maple Leaf Milling Co Ltd.. . Jan 58 * 23 Page-Hersey Tpubes 300 May 7% • 1,531 , Apr July ; 24 24% 33 140 100 new Securities 73 , 7% * 72 eommnn Apr 25 30 Publishing Co of Ottawa Lowney Co Ltd (Walter M) Mexican 103% July Jun 13 29 • W) 73 ' 41% Jan MacLaren Power & Paper Co 5,030 49% 99 Jan 9 7 Ltd (Frank 10 21.22% Jan 37% 150 58 Journal Feb 51 102 Jun Jan 73 280 - V.i 30 pfd Investment Foundation 6% Apr 19% July 103% .103% 50% 10% 1 preferred Ltd 1,535 1,015 Placer Development River Co 29 38% —100 class red al2 Powell ** pfd Paper Co Ltd Hydro-Electric 14% July 30% July Jan 99% Ontario Steel Products , Ltd 92 38 10% • — Candy Shops Inc 30V4 common 38% * Mfg Ltd Motor 92 • Farmer 29% Ltd Ltd • Mar " t Ltd Kootenay Power 7% 30 Penmaris 50 Dominion National Drug & Chemical pfd— —5 National Steel Oar Corp Noranda Mines Ltd .* , A Ltd 49% Flour Xlfll# class Engineering Works 49% Osfl'vle Jan Apr 10 Horner Jan 30 24% 17% al7% al2 40% May 8 1.20 May 32% 22% ——L_, 28 200 25 1% preferred Feb 3,268 —• common.. Jan 22% 14 Feb 130 V 24% -100 65c 31 38 Harding Carpets • Jan 30% -40 ——. 176 a25 14 Foreign Pow Sec 6% Jun .100 : pfd al.05 1.75 May Jan 6.00 Apr 37% (R L) Jan al7% Telegraph Morgan & Co 4%% Jan Jan 4.25 14 Ford • Jan Jan a 6 80c 38 Fleet July 156 13 30 100 • Jun Jan Jun 142 15 24% 2,800 63/4 al.00 al.05 • 500 53/4 63/4 a25 A_* 1.35 5% 5% Apr 25 B—_1_. Jan * Fanny Feb • Ltd class Apr & East 28% May 125 Locomotive May 9 45% May 1.35 • cl «' Jan Ltd -Eastern 21% May * • Sec Donnacona Paper Co Ltd Feb 62 y2 Jan 585 Mar 13% (Robt) Breweries national Jan Feb 13% * a_ Jan; 45 44 5 Dominion 7% 33 % 35 13% B 4.40 9y» common Dominion ■ - Massey-Harris common McCoii-Pront°Tiac Oil Montreal Feb Jun 200 •: 25% 3 Shops—: Jan' Apr David Jan * Canay 7% 37% 14 May 3.25 July 700 Feb 25 12 9% 39% Mar 35% May 50 y2 Jun 75 35 a Jan 37 Apr Feb 4.30 Consolidated Paper Corp Ltd Great 144 • Ltd MacMillan Montreal 5,094 al9VVal9% loo — A Ltd Standard Jan *' Preferred Jan 13 Jan 20% 32 26 Jan 6% J 1,251 26%. 50% Mar 62 31 1,067 >18 * Apr 27% May ; 200 48 ,5 . 23 62% | *♦ common Labatt Limited (John) Lake of the Woods common 7% preferred Lang & Sons Ltd (John 5 18% _• Corp... Ltd 780 38% 7.50 International Power ex-stock International Utilities 300 33 23 • com common 100' 6% 32%- 25 International Petroleum Co Ltd Pub 6% 33 19% 110 21 Jan 14% Crain a33% a33 % * com 32 international Nicael of 5% a46 57% 25 1.60 preferred Molson Jan 5 com „ Mitchell Jan 67 • preferred Bros 12% 960 Smelting preferred Industrial Acceptance Lewis 250 98 * & 6%> Laura 17 97 Ltd Tobacco Jamaica 17 97% 50 , Mining Oil Imperial 17 * common preferred Hudson Commercial Alcohols * Howard Smith Paper 140 36 * ( 200 High 23 Jun * A common... Adv 3.55 13% May 3.55 July all% all% 3.30 3.35 45 • Ltd Co 20 * Co Ltd al4 Low 19% 8% _* Lumber Catelli Food Products Chatco Steel Prod Ltd 52% 37 — 1 —— 27 47% July 21% Jan Inv • 1,710 a23a23y8 * 21 3.55 3.55 Paper Inv Ltd com.* Jan 3.50 * common High al4 • ... Rsnge Slnee Jan. 1 Low 20% 20% — Canadian Gen Investments Ltd Oanadian Industries common 20% Mar 108% May 2.45 430 24% Feb 64 ya Mar 17% 425 &20 a20% Alabastine Jan 101 5 3.10 -50 38% 16% Canadian Pow & al04 3.20 ... : 4,575 57% al8 Canada & Dominion Sugar Canada Vinegars Ltd Canadian Food products Apr 25 5 J 16 -.100 26 Jan a32 -100 Jan 14 12 common.. 5% preferred General Bakeries Ltd General Steel Wares common Goodyear Tire & Rubber— 4% preferred inc 1927 20 Sale* Range »{ Prices Far High 145 60 u preferred 675 a32 . 16% Kan go Siaoe Jan. 1 Low 24 al4% al4% * Corp Foundation Co of Canada Share* Week's Last ■ale Priee STOCKS High 237/8 1 27 for Week i Eddy Paper Oo class WEEK ENDED JULY Bates Last Sale Price FOR Friday Week's 85c ,500 85c July July 85c July 1 48c 42c 53c 290,450 19c July 53c July Ltd 1 55c 55c 59c 18,800 40c Jan 90c Jan Porcupine Prime Mines Ltd 1 9c 9c 10c 4,000 9c July 35c Jan O'Brien Gold Pamour Porcupine May Penn-Cobalt July Perchcourt Jan Mines Silver Gold Ltd —1 85c —* Mines, Fields Ltd . »< The Commercial and Financial Chronicle (396) 40 I. Monday/July 30, 1951 . CANADIAN LISTED MARKETS RANGE FOR WEEK ENDED Friday Week's Range for Week of Prices Shares STOCKS , Low Par Chibougamau Goldfields Quebec 1 Quebec Labrador Develop Co Ltd Quebec Quebec 22c 3.45 1 1 Ltd_l Manitou 5c 1 Quesabe Mines Ltd — Low 1,100 26c 24c 3.60 15c 5%c 37c Week's 24c 41,200 July Brazilian Traction Light Brewis Red Lake Jan 17 %c Jan 25c 2,300 2.45 Jan 4.15 May British American 23c British Columbia Elec 4% 12c 1,500 May 4%c 2,550 Feb 9%c May Jan 4% % 35c • July 50c 90c July 16c Jan 4.65 Jan British LOW 24 5,435 Bherrltt-Gordon 75c 70c 88c 16,500 7Cc 1 .\^r_ 8c 8%c 1,000 7c Ltd————1 Siscoe Mines Gold Stadacona Mines 2.95 2.93 2.98 5,700 4,500 60c Jan 35c May 2.53 Jun 1 88c 85c 88c * — 36c 6.75 .1 6.65 3.25 35c 6.60 2.95 2,000 1 3.40 37,500 1 1.87 1.76 1.95 6,200 8c 8c 100 7c 69c 73c 44,475 62c July Ltd— (1944) Silver Mines - Trebor Mines Ltd Ltd 1 Tungsten Corp of Canada Ltd-r * United Asbestos United .. Keno 1 1 Ventures 72c 1 600 Corp Ltd 13 %c • • 2Vic 1,500 29c 37c 200 11% 11 % • 1 ^ 100 2c 1 Waite Amulet Mines Ltd Weeden Ryrite & Copper 2,600 38c 80 81 10 78 May 90 Jan 94 94% 30 94 May 101 Mar 8%C Wendell • :::,'v;8cv 7%c 17% 17% 18 3,535 1,410 • 17% 17 17% 670 29% 29% 625 Columbia Yukeno A • A ciass Jan 17% July 28% Jan 32% 4.10 Feb 3.70 Jan Buffadison 2.20 Feb Buffalo Canadian 20c July Buffalo Red 74c 5.00 5.00 5,00 100 Jan 6.50 Feb 1.20 1.20 1.22 15,700 1.19 July 1.25 July 500 8%c July July - Gold 1.24 1.28 1,300 20c 18c 23c 19,500 1 4%c 4c 4%C 5,000 * 32 32» 32% 210 1 - 1.25 • Lake — 1 — Building Products Bulldog Yellowknife 2.47 July 9c 1 — 16'Ac 9C. , Jan 12c Jan 1.70 Jan 1.20 Jan 15%c Jun 38c 3%c Jun 19c Feb 30% 35 Feb Jun 94c Mar 1,500 15c 13c July 13 %c July Bunker Hill • 6%c 7%c 7,500 5%c Jun Jan 15% Feb Burlington Steel 20% 20% 200 18 Jan 23 Feb 5%c Jan Burns * * 55 55 21 40 Jan 55 July 14% Apr Burrard * 7% 7% 8 200 —1 10c 14% 7%C 12c 55,400 14 Yb 28c 25c 34c 148,925 5c 1.22 1.08 1.29 85,475 80c Jan 16c Jun 2c July 10% July , 46c 29c Jan 12c July Mar Apr 29c 10,500 16 %c 19 %c~ July : class A Co class A Calder Bousquet v:v;.. - & —— 31c 33c 15,000 28c May 45c Jan Calgary & Edmonton 15c 20c 16,000 15c Jun 33c Jan Callinan Flln Flon 1 w- 3c 3c 3,000 3c Jun 6c Jan Calmont Oils 1.06 95c 1.20 53,800 66c Jun 1.48 Feb • • 1 : • 23c 20c 24c Oil 5.80 5.50 5.85 40,545 2,900 Gas & Jan Apr 19c Jan 15% Jun Jan 1.06 Jan 7.50 5,000 1 1 Cons 7% 6c 2,805 ——- — Oils Calnorth 14%. 8% Mar Jun 1.43 , Apr 32c Feb 6.45 Jun 3.00 *, 4.80 Apr Apr Stocks- Anglo-Canadian Oil Ltd Oil Co Co 5.90 L Oils Ltd Central 4.75 1,200 2.80 Mar 400. 14% 14% Jan 6.65 Jan 8.90 15% 1.26 900 91c Jan 5.85 4,800 4.90 Apr 6.45 2.45 2.40 2.45 5,800 1,85 Apr Cement 2.40 July 2.70 79 76 79 706 53% Jan « 28% 28% 29 948 27 Jun 6 Jan 14 14% 150 11% 20 20 20% 395 19% Jan • 6% 6% 200 6%- Jun 1 common Preferred Jun 1.26 ———— Canada 2.60 • 20 Campbell Red Lake Feb 3.30 May 5.50 Ltd Explorers 2,850 3.00 5.75 - Petroleums 6.15 3.00 6,15 Ltd— Calgary & Edmonton Corp LtdCalmont Calvan 2.10 Jan 79 July 29% Jan 1.29 Mar, Foils Canada Jun 7.80 7.80 8.00 1,100 6.15 Jan Oil Ventures 2.36 2.33 2.39 1,500 1.45 Jan 2.52 Home Oil Co 16 16 16% 4,921 13 15c 15c 15c 1,000 14c 2.12 2.12 500 8 • 10 • Iron 8 25 9 Apr 16 Jan Apr 22% - Feb 8.90 Mar Gaspe common Foundry Class A Canada Federated Petroleums Ltd Ltd Canada Machinery Jun Ltd Long Island Petroleums Ltd National Petroleums Corp Ltd New British New & Dominion Pacalta Okalta Oils Oils Co • * Oil Ltd Ltd-;. 1.64 .* 1.66 May 2.25 600 8c Packers Feb Class • Jan Feb Canada Permanent Mortgage Canada S Lines S Pacific Petroleums Ltd 1 8.15 600 Pan Western Oils Ltd • 80c 80c 83c 10,300 33c Jan 1 1.00 95c 1.03 1,300 85c Jan Redwater Picadilly Petroleum Ltd Superior Oils Western Homestead Ltd 8.15 8.15 Ltd 1.05 10c 1.10 91c 85c 5,300 Jan Abitlbi Power & Paper new 01.50 preferred Acadia-Atlantic class A 0 Range Since Jan. 1 Low High High 19 19% 4,650 18% Jun 25% 25% 1,110 24% Jan 19 180 18 6% Jun 20% Bank Acadia-Uranium Car Agnew-Surpass AJax Petroleums —a Akaitcho Knife Yellow , Alberta Distilleries Pacific Algoma Steel Aluminium Ltd Z common 8% Jun ! 8% Oils common Products Cos Feb Canadian Tire July Canadian • common Vickers 1.20 1.20 1.45 193,105 55c Apr 1.45 July Castle 1.00 1.25 5,450 86c Jun 1.42 Central 3.25 2.85 July 600 35c 5,100 50c July 33 34 250 28 Jan 96% 97% 1,770 91 Mar 305 23 17c 19c I,926 14c Jan Corp 1.08 3,350 76c Jan 11c 17.000 26c Wirebound Gold _1 Anglo-Canadian Oil Anglo Rouyn Mines i 38c 34 %c 40c 59,400 • Petroleums— 16,800 6.20 _l 5.90 6.20 ' 25c Trethewey Explorers Leduc 18c 3,500 15c Oils Chatco Steel Cons 1 Aquarius Porcupine Argus Corp common 66c 62c 71c 141,836 T* ___— Resources 5c 5c 5c 3,750 ioc 15c 14% 13% 14% 3,170 92 89 92 385 19c __ Gold Armistice Athona Hardware Mines , ..... class B 1 ...lO (1937) __ • May Jan 83c 16% 32 % 1 Mines 1.20 900 8% class B_ 20 %c Consolidated Coin Jan Nova Jan 15c Mar 2.30 102,250 1.82 Jun 2.41 Mar 515 15% Jan 18 6c Jun lie Jan 3.35 May 13% Mar 20% May 18c July 17V4 7%c 2.90 3.05 II,550 18% 20 8,215 i7C i8c 1,000 7c 8c 10,500 ■ 2.35 May lOq 24c 66,900 16 %c Jun 36c 3 25 2.90 Jan 4 25 4.25 2,617 U0 15%c 18c 5,750 6%c 6%c 6%c 27 27 28 36 36 38 1.25 1.40 39 39 215 150 1.59 4.25 14c 22,842 175 *> Barnat.Mines .. 1 - • Mining class 1.13 __ • A 54c _• Bros 500 5%c 1,920 • A':'■ 3.65 July 10,515 18c 22c 2.05 . Feb 17 May 32% July 1.44 Jan Jun 3.25 Jan Apr 2.20 July 2.47 July 1.80 3.00 July Jan '• 10c 12c 74c 925 May Jun 10% 10 10% 20c 1.13 1.07 1.14 Feb 1.02 ; Apr 1.60 -8% July! Jan 13% 65c'Jun - Feb 30c 7c 3,500 19c 74c »Jan , 15c 11.000 68c 48c May 24,500 12c 68c 1 89c Jun 5c 28 %c May Jun 1.10 Jan 13,100 6c 6c 4,500 1 30c 30C 36c 13,400 3.10 3.00 3.10 3,880 ————.1 19 %c 19c 22 %c —1 92c 89c 93c 17,762 26,000 1 1.63 1.60 1.65 6,965 • 34% 32% 35% 11,215 - — Ltd Mines Mines Willans Plow „ 1 12c 12c 12c * common : Yellowknife - 12 12 1 4%c 4%c ; - 85 900 1.75 Apr 13c Jan 80c • Jan Feb 4.50 39Mic: Jun ' , 1.30 22%-Jan 10% 370 Jan May Jun 2.45 Jan 9c July <1.75 July. Jan 9V2 * 6c 1.45 Mar 1.85 Feb 17c f 12 -Jun 3c Jan 35% July v 11 %c July < v >■; Apr 1.98 1.46 Jan ~ - -700 12% Apr Mar 100 2.30 12 1.75 _• 14c 72c 600 ^ 2.25 * Commonwealth Petroleum Conduits National . % Apr Consolidated Consolidated 75c __ . July 31c 30c 35c 31c 31c 34c 7c 7c 8c Feb Jan » 2.15 July Consumers Conwest Cosmos SfycourtGold Rjdgood'Kirkland ___ ; Jan 16,500 46c Jan 75c Feb Crowshore 40% Jan 54 May 9% Jun 12 Jan Jun .41% Mar ,37c 32%c 40c 22,150 30c 47c 45c 4,900 37c 4yaC 49c 4%c" July Jun " 2,100 " - . ... 70c Feb 58c. Davis Bopetai Gold Bon ville } ' 1 Gold —— zJL Mines 14fc , 1 ' ; 13'C 14 KO 58c 60c- 1 > 5c 5c 33c .260.400 —„_„1" — Cordage class B For footnotes see page 43. -* * . 7%c * 7%c 6.20 8c' 5,000 Jan Decalta Feb Del 6.05 6.20 1,596 12% 12% 200 7c 67a: Apr 5.55 May 11 July Feb Mar Apr Jan 154% 154 1,098 22c 6,400 15c Jun- 95c 500 90c Jun a . 58c 14 %c May-- 28c Feb May 1.30 Mar 165% Feo 144 148 213 3.30 22,950 1.75 Jan 3.35 May 14 1,900 17% Jan 25y8 May 17c 1,920 10c; May 5% 200 13 %C 143 July 5 17c 8% Jun July class 11c 2,500 10c 19c Mar 30c 1,000 27c May 45c Jan 7c 8%c 8,-850 6c May 23c Feb 14c 14c 15 %c 9,700 9%cMay 22c 25c 24c 25c 5,000 21 zzr.1 A_ 21 21 236 8% 8% 110. 24c -27c —i'. Jun. Jan 10 %c 5 Jan 18c Jan 32c Feb 20 Jun 24 Feb 8 Jun 10% Feb , - Feb 7c J 3cf July \6q7. Jan" 126 52c Jun July 30c Petroleum 21c 45c ^2:00o J 26c 6c 2.70 He - —u— Patricia Leather i0%qMay 8.000 5c 28c " —" 31c -- 8% Pershing Class B Delhi Bordulac 23c > » 19c 3% D'Aragon Mines Davies Mar 3c 12,500 Apr 1.27 May 11% 148 17c Crestaurum Mines 39 10 %c Jun 95c 20c — Croinor 4,788 July » 2.95 Mining Jan 1,140 84c ~ » 13% — Craig Bit Apr 10 Jan Jan 1.32 39% 1 2.90 1.08 97^ > 1,; 43 Jan» 39% 149% Mar ' .100 Gas Exploration 80c 39% 154 5 ;—• -2.50 Gold Imperial Mills- 87 %c 1 Mines-— Quebec Jan 9 * 78c Jan 32% Mining & Smelting Consolidated Nicholson Mines 4,500 V 16c Jun 5c -■ 31,983 1,100 226 42c 1,480 1 Consolidated 13% Mar 6y2 July -- 2,700 10,375 1 5,500 53 6c 1.10 1 90c 52 5c 1.05 Consolidated Duquesne 1.15 ■ 1.07 -210- Consolidated Howey Consolidated Lebel Oro goc 58c" 5%c ■>— 2,700 20,021 Feb llll 53%c 47c Jan Consolidated July Jan 7% 43c 1 Oils__ 7 45c 1 Cadillac Cordasun z 7 Jan 12c Mar 1.50 9%C 10 %c • « Feb July 38 1 2 Consolidated Beattle Mines Central *-• . Bakeries 46 :1 July • Astoria Mar Jan 5% Jan 34 y\i Consolidated 12% .....^1.1; ;• 30c May j. 26% May 890 £5 Telephone Brantford 57c _* Lake Cournor iA, lo . Traction Power 6c 3,610 Apr 19c __ 1 Toronto Metals 10%c 3.15 - 10 Scotia Rarymin Co Ltd ^ymar Bralorne 53c 55c 1 — - Colomac 43c 6%c __ Rights Bellekeno 54,410 50c common Collingwood Terminals July Jun _10 Montreal of Bell May 22 Jan 1.05 3,200 2.30 • 14% July Jun 1.30 of Bank Beatty 2.47 1.95 1 - 92 9c * 1 Bank Base 2.30 2.45 2.20 _1 i Jan 15c 22c ' 1 — Bagamac Mines Bathurst 14 27 7100 2.30 2.45 * Mines — Jan 2,000 8c _1 Gold Fabric of 50 1 75 8,700 ' 1 ___ Aumaque Barcelona :p 47 Jan Feb 13% 20 1.10 — Lode Silver Cockshutt 8%c Jan Apr July Cons Bank Feb Mar 40 May 10c 20 Steels Atlas Yellowknife , 2,410 • Cobalt 23c 17V» __ Atlas Bsnkfield 240 19 16% Research Cltra-Lartic 6.65 9%c 2.99 Aunor 45 17 - 32% Chromium May 2.06 - _1 • Auto Mar 32% Feb 19c - 2.24 Atlantic Oil Aubelle Jan 102 Jan " 1 Ascot Metals Corp Ashdown 155 Jan 23% 1.20 Commoil Arjon May 99 32% * Mines Feb 32c 7,000 • 148 5 42% 18% 1 Cheskirk Jan 10c _1 100 —— 10 •■s-iii'- -♦ — Chemical 38c 4%c 1 Preferred 24% May <Jan Jan Cochenour Ankeno Mines Apex Jan 18 - 8,465 148 1 Oil Central Porcupine Centremaque Gold Feb 51c Mar Feb 81 %c V Apr 3.15 Jun Feb Jun 55c • Jan 1.24 4.60 Jan 23,840 15 %c __ 2.30 Feb 4.60 36% 29% 148 28% A———« class — Central Patricia Gold Apr 13c 6%c Jan 51 Jan 100% 100% * • Ohesterville Mines Anchor F-h 39% Mar . 26% May Jun 26Va.Felj Jun 1.00 8%c 2.60 • Jan 35% May 107% May lie 2.40 Jun Mar 68 Jan 3.30 148 Cariboo 2.45 27% Feb 19 Jun 29% Canadian 1.00 ' 35% 100 Jan * ; 267 * — common preferred Apr 9% 1 Anacon Lead 37% 6% preferred 100 Canadian Pacific Railway——25 Feb 11% 1 American Yellowknife 37% 25 465 Jan 24 % 16 50% Jan 22% 455 24 220 785 22 10% 24% 17 57 Feb 17% 13% July 16% 55% 2,900 10% 105 July 34 25 548 16% 56% 58c Dredge Charter . 14% 13% • common 58c 19c 100 97 Aluminum Co of Canada pfd Amalgamated Larder American Nephellne 13% * 20 Celanese 58c 61c • 32% July * Jan : Jan Malartic Jun * 24% 255 10c 48c 1,980 125 19c 630 3.10 32% \ 1,000 5,000 40c 31 • 30 4,800 2.90 21% July 40 15c ' 28 % Jan 3.55 23c 3.10 1 10% July Jun 17 39 12%c * common Cons Jan*' 24 3.50 Central Alberta 9- 3,081 2,455 9% 29% 1.15 • 115 24% 3.55 21 %c -1 Jan 21% 9% 29% 10% • Feb 76 24'/8 * 6% __ 146 Jan 61 % 20% * 101 23c July 129 207/a Food 101 • Jan 24% Locomotive 6% 1 j. Oil & Feb • Canadian Wallpaper class B— Gas Feb 50 43 10 Commerce A 6% v Acme 37% Jan "• * of Breweries Canners 101 60 Jan 43% 10 Canadian 22% May 25% July 19 , 54% 24% Canadian 19% ♦' July 88 Canadian 25% 100 Apr 40 Canadian 20 Preferred 39 45 75 Canadian common.* Common Jun ~ Shares • Apr 31 '• • 30% 68 Preferred ' of Prices Low 45 45 % 133 Canadian Sales* Sale Price Feb July 43 68 Canadian for Week Par May 12% " 38 45 133 Canadian Bakeries 1.20 Apr Jan 30c Toronto Stock Exchange Range 54 Jun 50-' -10% July 29% 45 % 29% * Class Week's 725 * * Canadian Last 330 Wire & Cable class A- Class 40c Jun Friday 34 B Canada Canadian Canadian Funds 33 50 Canadian STOCKS 50 May Feb Jan 16%c Feb July 1.60 Apr 2,300 20 %c 23%c 23c 10 Jan 22c 500 39%c39%c 1 • Oils 7.80 120 39 20 common Preferred Phillips Oil Co Ltd 310 10% 39 * B 52 10% * A 51 % * Power class 3.00 Feb 13c May 2.08 Malting Mar 8 1.73 May 1.24 Jan 13,000 2.42 2.40 90c 23c Northern Canada 18% Mar May 1.70 Jan 1,600 11c 11 %c 1.64 _• - Ltd Canada Canada r Jan 9% ' ;V July 18 13% • Broulan Reef Mines —1 Atlantic . 9%c Apr 5%c Jan 1 Class B Jan Calvan OU class Jan 20c 1 Ltd Ltd Mines Power 1 Products Mineral Ashley Minerals Westvilie Mines Ltd July 10% ■'';' West Aor 80% • Packers 10% Jan 1.20 114,200 11 11 * Vinray Malartic Mines Ltd 2.46 13c 13 %c 2.00 2.33 1 Hill 39 % 9,062 100 pfd B 45c 6.60 July 2.85 Junf \s Ltd Feb 17c Jan 25,500 39% 9%c 100 Columbia Buffalo Ankerite Tobrit Jan 13c 37% British 1.30 Mar Apr Ltd Mines Bteep Rock Iron Mines Ltd Sullivan Cons Mines Ltd 9c 29% 12c 38% British Columbia Forest Products 1 Mines Uranium Royran Gold Fields Ltd High 27% Jan 22 1 * Rix-Athabasca Range Since Jan. 1 High • common- preferred Class 23% Jan July July 23% com_* & Pwr 32,500 Oil Shares Low Pa; High Jan for Week Last' Sale Price 51c Sales Range of Prices Friday STOCKS Range Since Jan. 1 High 24%c. 19c 3.30 15c 5c 35c — 1 Mines Smelting & Refining Yellowknife Gold Mines Quebec 27 Sales Last Sale Price JULY .Jan Ltd Producers - Gold Mines • Ltd—1 1 Ltd 27c 14c 1.22 13c 15 %c 1.03 1.33. v;- 47c." "May.13c 8.00 14 23f9QO. „V . 12c May 32c Feb July. 28c Jan 1.40 90cJun Jan "" Detta 1 Minerals ...Devon- Leduo Oils Jan Discovery Jan Distillers May ■•.20c 36,963 76,050 Feb 9c Oils (Temagami) Rio Dome Yellowknife Seagrams Mines Ltd jt 1 lie lie 14c '8,200 1-——• 1.66 1.50. 2.10 837,137 30c 33c 31c 28% 28 28% 1,905 * 18 17% 18% 1,976 21c 10'/2c July 93c . July 29c 12.900. 1 3 Jan *:26% Jun 15% Jan Mar ;2.10 July 43c. Jan 1 34 Feb 20 Feb- Volume 174 Number 5033 " The Commercial and Financial Chronicle . .. (397) 41 CANADIAN LISTED MARKETS RANGE Week's /'"?> * »■-« Last Range '.if* ; of Prices Low Par . Bank 10 —— Dominion Electrohome -A_- 26% —* 52% »":.JVv VI. . — A%% red sinking fund preferred-100 Dominion Friday Low Magnesium 27% 610 3.50- 3.50 50 40 98% ' .' __ 99 360 "*.450 ■7>,-7/■/ -'"Dominion Scottish Invest common—1 10 '10 " ..^Dominion Steel Coal "V ■*:. Preferred i . 18% ;—• Dominion Stores _____;—.—*• Domini on Tar & .Chemical- common—• ; ,18% 10 . Sales Range for Week of Prices Shares Par 44% - Jan 102' Feb International Feb International Petroleum 15% 13'A May 19 July' July 10 14% 13 Jan , 22% Mar *1,408 " ' .100 Woollens • 8% 47e 50c 9 50c 9% ~1 DunakUt Mines 8% 16 % Feb 9%; 16,350 f- > ♦ 18% —_ ~1 Gold 8%C ^East; Amphi - I'-Z ' s ■East 1 7c 7c 13 %c East:Rim Nickel Mines lie 13%c 1.13 May Apr 63C 52C "63c 29,500 7.80 9.25 103,495 7% 810 510 6.75 .10 —j. 24% ' 24% -1 48c Kerr Jun " 40,000 63c 15c ' 19C 18C 17C 150 20c Jun -10c .Mar 19c 'tK? h* JSi.#en&fiey---rr-1 El Sol 'Gold ^Empire/Brass iwefejyecLili-i:^™^. 22 25 S*Estahrooks < T -'H) -"preferred;:;^— TSstella: Mines Ltd ' -1 '■-.a: 5c "5%c 5.%0' iEifreka Corp 'i-Ls-i ; ^'Famous,. Players ^Fannyr-Farmer.Candy Shops - V ^Federal - > "jun 7 78c redeemable \" f 29 29% 13 13 72c Lake Jun v Feb 21% 505- 33% "11% Jan 16 165 21% July (John) Fortune Lake ii "*? Federal Klrkland. ,_1 ;r S" Federated Petroleum ^ yFeafcnore - IronMines-»rb—-ii • 6c 6c ' 2,000 4c " - 8.00 — "l -7^5'"8.00;— 66c '3700- "/w. "'Fibre Products ' •: Fleet;.Manufacturing * 10% •2;20 , 70c 2.20 2.45 50% 11% 60c 52% July -• Gold 1 La pa Foundation 3.05 Feb | .12 Frelman (A J) preferred Froblsher' Explorationc *4 ' —.100 Jun 10'A 91% 91% , 55 88% 3.60 t 10,950 2.70 Little Feb -V • Power —• common— preferred 5'/2 c/o :i8" 18% 20% 17% Jan* 165 > Feb 101% July ^100 101% 103 —100 106 106 3.20 3.20 General -Petroleum ; , Apr 3.55 Jun 6.70 Feb 6.25 Feb 1,430 common——1 3.65 3.65 5.75 1 5.50 5.15 60 ; 5.50 July Jan 2.30 " 3.65 July A General 4. Steel Wares Preferred - ; • common 20 100 — 20 104 17% 20 102 ' . Geneva Lake Giant Yellowknlfe -1 Gold lie 10c lie 4,000 1 ——— 8.30 7.80 8.40 52,469 Mines ./ >106 ' 22 %c Jun 9c 6.10 - .. Gold Glendora Gold Lake God's Goldale 1 —_— * >1 Mines Goldcrest Gold London Hosiery Golden Manitou Goldhawk — a Mar Macassa Porcupine Feb MacDonald Goodfish . ..1 Mining. Goodyear Tire ^___ Graham Bousquet. 3c 7 May Lakes Preferred. - -1 ! comraon. _——__T— Felt preferred—; West 105 20c ; Jan 77' ' 23c 30c 49% 675 7'A 7% 6'A May 6% 90 5 1,150 11 9.00 11% 12c lie 12c 10'Ac lie 250 Gunnar -Gold, Gwillim 17c; i; -i.r- Lake -l Gold Gypsum Lime & Alabastine___— f;7 • ^ i7c Feb 6 May • ■ Brass common 24% « Class' A July Jun Halcrow II Swayze 12 Halliwell Gold -1 Hallnor Mines : -1 Hamilton Hamilton Cotton Hard Rock •v 24% : 17 * common Gold •' McColl-Frontenac Mines 2'Ac Jan 25c May 8c 21% 10% Jan 1274 Jan £c Jan ' 27% Apr, Jan m 6,550 2c 100 " 28 : -.'—_u.-JL-.~~_ Gold Hasaga -1 Head of the Lakes Iron Headway Red Lake Heath Gold Hendershot Milton Brick May 19% 17 Jan Mindamar 29% May Feb 22,750 12%cMay 40c Jan 12% Jan 6'Ac Jan 20 %c 30'Ac 30c 33c ' 9,500 26 %c July 39%c 41c 50c 58c lb Highland-Bell Highwood Hinde & 25c 7,000 32 %c 9c 12,000 10c 11 23,500 77 25 18c 134,650 860 86c * ' Dauch 9%C 12 %e 13 %c 1 Sarcee 30 13% 13 1374 16 15% Homer Hudson Porcupine 1 Imperial Bank Imperial Oil 10 7c Jun 7c Feb 11 7c 12 85c 9%c July July 1.15 t 18c 125 . ^ Oil 24% Jan 31 10% Jan 167s 13% May 47Ac Jun 43 May ; 57% 57% 994 54 May "26c : 28C 9,000 3574 38 1074 4% 25 preferred Indian Lake 4%% Acceptance preferred common * 29 9,601 10% 11 67e 23% 23'A — 2,560 6c 6c 3,200 32% •«»«•» 33 210 82 82 12 lC lc 3c 28 > 82 20 82 12'A 535 12 7c 14,686 ■ 9c 50 Mar (John) & Co Rights Inspiration Mirung* International Bronze com ■ 36c 37C ,12 ; Powders - Metals For footnotes 25 r6ee< page — 12% 22 23 Jun ' ;• Mar 1.08 r Jan' 32% 460 29 Jun 34% Feb 32% 163 31 J»n 35'A Feb 5%c 3,016 July 10c Jab - 5c 25 : - 8% Jan j - - 11 - . Feb - 15c 16c 5,000 13c July 22c 17c Jan 18c 7,700 lac xviay 35c JUri 13'Ac 18c 12,000 11c Jun 20c Feb 1.75" 1.95 7,175 14,900 1.65 May 2.48 Jan 1.32 Feb 5%c 1,500 ."."T 1,000 8'Ac July 47/8c May 71c " Jun 88c 1.00 8'Ac 10 %c • __ 5'Ac Jun 1.70 525,700 27,800 2.07 26% 26% 2.10 20c 75 16% 27 715 16% 2.00 22c 8,500 Feb l.t>5 Feb 3.95 Jan 2.10 Jan 16c 28 Apr 28 Apr 2.75 . Jun 1.80 40,400 Jan 10'Ac May . 1.95 115c , Jan 3.800 19c 2.05 , Jan 2.20 26% 2.14 Jun Jan 30c Jan 2.90 / Jan 107!' 107 55 Apr 103 109 July 14% 14% 14% 105 14 Jun 16 Jan 17% 18% 6,725 12% Jun 19 4%c 4'Ac "7,000 July 4c May 8'Ac. 3,000 4c! 1,500 8 'Ac 7%c 1) 4c 4c Feb 7c 7%c July Feb . ' 17'Ac 30c 1 Feb Feb 57,898 11 44c 11,500 20c" Jun 63c 29 y« 30% 1,395 1878 Jan 26c 34c 33,650 V" 1,555 2ic Jan 58% 4c 62 %,■ 47c 1,000 5'Ac 36'A Corp -125 - , Jan 65 » 825 25 901,650 18c 25c 1.75 1.95 2.24 • 20%- Jan . 93,100 15% 500 Sewer 18 Jan Apr 20'A May Jun 20% May 16 90 ' 35 32c 7 1,500 16 90 12% Jan 20 90 Jun 17 3/8 18 570 14 Mar 25 ——17 24% 25 2,342 23 July -6 7c 8c 3; 900 49 7A 140 1,030 49% class 8% 11% 295 15 985 12 30% 100 27 Pipe class 2.09 2.18 25,215 54 20 2.17 A_1 I - • 28% Oil 70c 70c 75c 1 8'Ac 8%c 1 — Gold New La guerre 1.63 Mines : - 1,000 1.19 Jan 31c 34c 5,125 25c 7c 8c 3,000 6c 14c 15c 7,435 27,450 10c 10'Ac 13'Ac New New 1.24 1.44 6%c 7c 2,000 44c 48c 25,500 30c 26,795 Morrison Mosher New Norzone July 43. I Mines Ltd 1 Long Lac Mines — 44 %c 1 ——1 1 1 11c - July 8'Ac Apr 1.05 Jun 43c j Feb Jan Mar 1.75 May 3.65 Feb * 1.45 Jun May ; Feb Jun Jan May 25c Jan 24c Jan 19c 2.53 Jan Jan * 1 NorsmanrMine«_iiat 31% 1.40 Jan 1.10 8c ' * Feb 2.65 32c 7 2.40 Jun 16,767 5,671 3.00 1.36 Jun Apr May May 55 Jun Feb New ; 7c 1.27 . 16 31 Jan 59,509 ' * 12% - Feb 67c . 1.20 —1 1 Gold 1.75 26 10,125 , 2.90 - • 1 Mines Marlon 860 8'Ac —.1 — Malartlc Jason 30 1 Dominion 1.65 45 Jan 4978 July 9% Feb 7'A May 107A May ' it". t'.:' Jun;; * • ' —• * Jun 14c Jan 30 54 B 8 14 1.21 Jun Apr Jan 6'A Feb 11 2.99 Feb 32 Feb 2978 July 8% 1.64 July 7c 14% 1 25c 4.00 25 19% ^ 11% —1 Newlund v Apt 93% May Jan 44c • common Mines 13 23 6 8c • New ' Jun 25 ; 23 Jun 28'Ac 18 New Goldvue Jan 55c - 18 6 I Calumet Mar 1.25 July Feb 20 > July 5 . New Hugh July Jun 42c Jan ,2.82 May 40 32c New Dickenson Minea Jan 4 July 2.10 1.50 Mar 1.00 2,810 Jun 25c ,• 1.50 Jan . Feb Jun 5"% 70 90 — Jan 78c 19 32c • National Steel Car Jan 5.75 May Jan Mar 18% —1 Negus Mines New Alger 55c '■7* 1.25 16% " July Mar 10c 14c 1.75 July t Mar 5 14,300 8'Ac * 18% Drug & Chemical common__5 New 18% • 3:50 53c 1,000 2.15 42 %c 42'Ac Petroleum < Jan 82 Feb, Apr 1.25 May 6,750 "loo Mirie^ Brltisn 7c Jun Feb 54c 100 70c Apr 70 1,000 53/8 1.00 39c - Jan jun 1.75 3.60 Feb 4?c 3'Ac July 7%c July 65c 16% -14% July , 53% - 2,500 ,2.22 Brass Hosiery National Jan 33 July 8 ■■■ Mar 8C k 5% 65c 1.10 _7. National 25% Mar July lc , 1.75 16% common New 7'A July ■IT * -1 ' 30% July 7'Ac Mines National Grocers Mar !■«{. May 14% 18'Ac Preferred July - 10c 30c 45c 1 Corp Porcupine National ; 19 39 7A Mar Jan 3%cMay-j;., 13% 62% '__ 13 May J " 43c _13.50 National Breweries preferred Mar 62'A Feb • July 34c 1,500 u 14'% i__—__ Mylaroaque - Preferred 55c Apr 18c Jan oc Jab 13c 30 - A Morrison Feb New Inglls Mar ! 1.20 • . - 1.75 * Feb Jan.: 107a July 6% Jun. 23 May 45 'V: 12c v 277. 500 12% 100 985 -; ~"67e 1 Industrial 38% 20c * £1 - 8,700 10% 2Z II Containers common.... Class Moore 18'A Mar 4'Ac Jun • : __. Preferred - - - *2.90 - Oils Modern Jun 20c 50 Imperial Tobacco of Canada ordinary.5 55c v Jan-- 5'Ac Mar Jan 18c Feb 500 32 Jun 1.00 • Feb 18c >! July 3,500 30 12,500 ■ 1.25 Montreal Locomotive 6c 31 75c 10% -I5 pfd__ Jan 5c -24c 68C 3.50 Power 93c 57% Bay Mining & Smelting. Hugh-Pam ., Feb Mar 30 —— July 3,356 ; 4%C Feb 22 ; 33c Moneta 46 , __ 10c ; IHi t Monarch Knitting common Preferred. 6c Paper preferred 15% 18 Feb 46 474c Mines Smith Jan- 35c - 4 Feb -4'Ac .... Jun 2.70 ♦ 69c 8,020 16l»/s Yellowknlfe Howard 7c Jun 30c 5,000 .__i National Hosco Gold Feb. 8%c July 30% - -100 Jan 4,550 30 5 1 Oil - " 47c7 Jun 1,000 V 9'Ac 1174C * Hollinger Consol Home 1,000 . 11 „1 17 ; July 2.80 — Minda-Scotia Model Jan 305 7'Ac Heva Gold Mines • Jan ' 4,200 9c ♦ Mining Corp 9,200 9C 'July 2.40 Apr 20 4,100 4%c Jun 74.75 Feb Jan ' — 12% lie 1.57 common & Mid-Continent Feb 9C ! — Paper 40c 1.05 6'Ac 26% * Feb 12 % 200 18c vO 11 470 1.01 •, -1 Light 15 8c 10% 13%. 13% Mills Mexican 18c 50c Harrison Hibbert Mines :'r 36 Jun - 26% Gold Mercury May 3.50 May - 1,442 . 14 8c 10% Il Gold Jun 90c ' 1 Mentor Exploration . Harrlcana 2c Jan 39 %c Harding Carpets 7' ---—i— 2,000 3'Ac 13% Feb. 40c " Jan •• July ._1 McLellan 110 3.75 . 3c IIIi McWatters Gold 835 : 17% 16c 16c 5c 500 1 Lake Jan July 108,510 28 -1 100 37,700 15c —8 Red 21c 2c 15c 2c ' • Jan- 12 L May/. 14 t Feb-* 29%c ;; July 1.75 - 6%c Jan k • -35c - Jan 30 - 1 Mines.. McDougall Segur Mclntyre Porcupine Jan 9c 100 16% - 8%C —1 Feb! 12c 13 aA 3.75 • Bridge: 900 > Jan Feb > 1.14 - Jun 8c 1.92 Massey-Harris : Matarrow' Lead —___-____.__,«__~.__l July 500 , 10'Ac 14c 1 .7.: • Malartlc 21c 5,000 13% __ 2.20 5%c Illh a. Martin-McNeely 7% Mar 7.50 2,000 13'A v" - — 92 —I 7'Ac Jan 1.7C-J 3'Ac 13 — « 5'Ac .» Merrill Island Hahn 36 ' Jan 55c " Jan Jun;-/ 4c 32 1 ; Milling Mines Marbenor 8 Apr 6% May 5 - 9,465 17c 2c 24 "■ .. 35 Jun 9.60 — Apr 26c - 50 Leaf ' '• " ' Feb 20 • Jan 8.50 -4,700 19,000 ^__I Consol Maralgo 17% July 49% July 11c 7 15c A Ltd Manitoba Sugar preferred Mar 15% July 46'A Jan 5 _i - ' 17c 49% ;i Jan 1.32 16c • 4479 38c 21% Malartlc Goldfieids Feb 2,000 —.. 1.09 •' 17c .. 4,200 tl3c McKenzie Gridoil Freehold Leases Guayana Mines: :—:~ Gulf Lead Mlnes~..~-1^.'2..^... - 3,500 9.00 35c A Gold Maple 9,627 7% 8.75 6.10 2,000 - - 21% Mai>le Leaf Gardens 25c * J 23c ■ 10c Mines Feb 17% I 25 • 52% Mar 9'Ac July 2,000 22c :w.- 47% July 175 3%c :' -f ',J7c l9%c 10 %C Feb 8c 105 Jan 93 ir Magnet 8'Ac Jan Jun : 1,000 48 7.' 16% 17% _* ''"Til ClaSS B 9'Ac Jan 63A Paper pew Great West Coal class A——— Great 4'Ac 93% 10c 10'Ac ipe :^—_ Grandoro Mines Great 4'Ac 48 5c 3c 1,000 - 93 30 — • , 3c 3%c 3?%c MacMillan Export class A 77' Class: B 'i Madsen Red Lake Gold Mines 8.40 May Jan ' May FebJ 68c 47un 21% 1 Jan 47% 4'Ac ■ • common Preferred 5'Ac 70c 13% —__i Jan 2,000 5'Ac 3,300 > 13c -♦ Lake 12c •'' Minea Red 14c j'.vw Goldora ' • A •' _i River July 5.75 22c " ' .Jun 3C Mines Macfie July 4%c 4c 28c 8c 1 6c 25,945 ;? 4c 3,635 4c t 6c 7.15 185 -12,000 '7' Mines 1,000 6.40 7.10 ' ' : _L _ Yellowknlfe 12,000 6c Feb '■ 36VaC July - * „ Jan 6%C 50c Jan 7.85 7.40 - 22c Long Island Petroleums Louvicourt Goldfieids J 23c 6c 6C -_1 7 class A May ;; Jan Jun : 31c; ; 34c 72c 78c . • com__ _ class Mines 16c 6c _1 ^ Gold Eagle Mines._____ " 31c 32% Gold MacLeod-Cockshutt 1,500 Feb 19% Jan - B Jan 17c .1 25c -12c 17% 1 Groceterias Class 58c; 10,100 Feb Jun Jan • May 35c 24c 18 28c ' May 77c /' ■*' p:/'r* . 30c 32c 35c 2Vec * 34,300 7.75 ' ^ Mackeno 17c —* — .1,500 27,750— 6c Jan 2,000 16 *. 19 'r_.L-L^-I--77 5c 2%c 35c .8 Jun 2%c Jan 19 9.00 Long Lac Lomega 8.40 July Jan July : May May 23 Jan "-July July 1.35 July 2,994 19c ■ 40c ': 19 1.03 Macho - A Gold / Lynx 175 102 102 4.80 July 1,826 Jan 12 "* i8 2.20 . • * Class ' : :--- Jan 111% 150 1— Bakeries 109'/a 106 5 * preferred -4 General -1 i' Secord Loblaw - ,6% 12c 43c " 14 95% May 4.65 .1.05 May .1 Lexindln Gold ' Gatineau 24,750 *16" 15 22c 66c Lencourt Gold Jan ' Apr v * Jan AflOO < July ," 12 Apr 3.40 3.60 • ' Jun 11% 65c 13,320 Mines Leitch -Feb 7 70 Jun ' 250 . 40c : • 84c -1 ( Milling Leduc-Consolidated 44% 7 909 " 12 Jan , ~ 51 Co Jan 11c 1.25 19c Lavalie "Mines Lawson & Jones class A__ Jan " ' Ford Motor class 19c July .42c ; Cadillac Laura Jun 7 . Jan May 2,500 16% ; : Jun 22c July 76c " ' " u__, Lapaska Mines Larder "U" Island 12'/a - Jan " 1,40 39,795 >» : ; 82c July 10 11'Ac 5c 1.00 Lang & Sons 9.10 Mar - 4.85 Jan 10,095 ' 7 44,000 7" 100' /'• 10'A 100 " " 21% May 6c 80c j Ltd of the Woods La Luz 'Jan 8c Jun. • , 30,500 35c _12c , May • Mar, - " ' Mar 1.16 _______ K'i ■-T-'V. 35c 15c ■» LICIZIZIIi , Feb 24 4 17% "7 Ltd. Lake Shore Mines Lake Wasa Mining.. 7 18 »A Feb 7 •-*:* 370 22% is _____ Lake-Osu , 43 % "Feb Jan 15% Jun 28% Jun ' 7 -"410 21c Lake-Llngman - 7 1.83 Jan July, 8.40 3,270 13% 21% 20 2,380 « 16% 29 —*• Dreferred__. J - 10.25 16%' i Mines Labrador Mining- & Exploration.. Ladulama Gold Mines___ L'« Lake. Dufault Mines* Jan ; 2.85 1.20 July 5c 22,200 12 1.35 - 12c 13%C , 22c Oils Ltd Lab&tt 23' ' - Jan Juiy Feb , Apr July 22% ;' 21% May -19%" 26,000 . • 16 >1 Grain common tgl.HO 92c • 9;60 .—• r T 1.51 73C - . 10.25: ——• *, —i ■ 50 1.21 92c- r -"-' 450 20 : ' Apr Jan 42% " • " "1,500 r 22V< •20 _1 TFalconbridge Nickel ./. , Sc 22% . ; 172,396 " — I' 190 > 12 Jan 102% * Jan 11c 1,000 16% -i; __. Klrkland-Hudson 'Jan u 32c July 13 ' 4,500 6c 57c A . V -1 - 6%c -* Lake Kxny " .4 c:: • 52 103% 35% May " 1,000 1.15 13 %c ... — Kirkland Lake 27Va "Apr ' Jun 45c 96 19,500 - , H-VH-'v1-*'. " Mining Keyboycoh 8% May ; - ■v Eidon& Gold, 23 4,800 9c 13c 1.27 , - 60 50c 3,049 - , Feb 9.65 18% 6c Kenvilie Gold Kerr-Addison Feb 80c Jun • 6% ' —a.— Kayrand . Jun 6Va ; 6,194 49C Kelvinator 48% c Mar 1.73 Jan Jan 98c 8.85 '—1 * ■C lOVac 13,300 1.15 — Economic • Invest rElderMines Feb Jan 11c M%y 55,300 1.07 —__—1 Epst- Sdllivan Minefi____-__jc__; ,.V trjfr 6c 1,000 - Crest Oil :Eastern*Steel ■h 7c Hi§h *" Jan 99% July , Mar -:8c ""7" 15 6'/aC 6'/aC Quebec Mines Journal Publishing Feb - 13% "~Jan 96 38% 8c Joliet ■ "East; Malartlc -Mines___-___—_____—l ; i • 9 4%c July " : 6,000 50 13c : " ,*"100 4%c" 47/uC 39 ' " 18 v. Joburke Gold ' Feb 765c ■' .Donnell. dc.Mudge class -A /Duyay Gold Mines, ■ Jan 46c - -■ 16'/a 8% July 425 . 100 ■37 38% Jupiter Oils Ltd Dominion 428 96 common- Walte Mining Jellicoe Mines J 44'/a July Jun Go Low 46 99% ' Jack Jan 30% Jqn 44 . July 20 ■ Nickel Range Since Jan. 1 High ■ 46 !l00 International Milling preferred "< " Low * A Jun 150 : class •Preferred Jacknife 18 1,414: 2,333" T 21 *14%' •: 15,:;" 14%. common.. 12% >■ 21 • ^ 3,361 40 >• 200 . International Metals 55 Jan 11% July *~9% Jan * ' '19' 10 44% ._—i___-_"___--23.30 . Dominion Textile > ■ Jan 4.95 97% July ' ' 31% July 656 12% common 3.50 53 11% t Week's Last Sale Price High 25% May 52% ——* A \ - Range Since Jan. 1 High 26% 3.50 Dominion Foundry & Steel common—• A- 21 STOCKS Shares , . '-/u.r* •„** * ' .Dominion :"V. r ENDED JULY for Week Sale Price \ STOCKS-.i •:.» .• FOR WEEK 8*les Friday 9c 16c" 5'Ac July 10c Jan 51c July 40c Jun 13e Jan 52c Feb 7%c Jun 20c Jan 30c 1.100 8%c 11'Ac 15.700 15c 16'Ac 177,000 5 'Ac Mar 16'Ac July. Financial Chronicle The Commercial and 42 Monday, July 30, 1951 ... (398) CANADIAN LISTED MARKETS RANGE FOR WEEK ENDED JULY 27 Week's Sales Range for Week V1v Sale Price Thurbois New 12c 189,100 8%c 8 Vic 4VeC 2,000 2,500 1.50 1.50 400 22c 21 %C 24c 15,200 '■ 20c Jun 60c Jan 1.00 1.00 400 85c Jan 1.40 Apr -«• Mines —— Nlsto Mines Ltd -1 Nor-Acme Gold — .1 A Norgold ——— 9Vic 585 19c 33,900 9 10% 305 28c 29 %c 1.20 1.29 5%C _• O'Leary Malartic Exploration 2.55 20c 17 %C 20c 3Vie. 3Vic _» — Mar 70c 2,200 48c Jan 74c Jan — 31 32% 2,635 30 Jun 36% Mar 30% Jun 36% Jan 3%c May 6.50 July 10 %c Jan 32% -.32% 5% : 6C - • 100 Jan Jun 21c 9c -1 80c 71c • Gold Lake Osisko Mines ' 1.45 Jan 7% Jun 1.05 Feb 100 ' 7 7 2.16 2.52 Jan 4.50 4.50 10 4.50 Jan 4.50 Jan 37,700 6%c Jan 13c Jan Jun 1.10 Navigation Pacific Coyle ■1 1 Toronto 5%c Feb 23% 125 27 Feb 25c 25c 1,222 22c July 45c Feb 25c 26c 3,500 21c Jan 36c Feb Feb 1.76 General 13% 13% 31 31 '20 Trusts Toronto Mortgage _ Gold 3c 15% Feb 5 * 30% Jun 39 - 112% Apr 116 Jan ; Jan 113% 7%c 30c 34c 4C. Oil Pickle & River __ 3.05 Mar United Feb United 8c Jan 1.15 99c 3,500 85c Jun 1.10 Mar 8,500 100 485 1.57 1.75 1.75 29c 8>/4 8% Jan 1.32 225 52 % Jan 1.50 July 200 52% July 57 57,000 :■ Jan 20 317 33c 1.50 lioo 24% 85 25 ,6(4 Jan 48% Jan 25c 3.65 21 21% 1,894 17% Apr 13c 13c 2.45 264,550 56% 51 20 150 20 ] 1 71c Jan Waite 1.80 Amulet 14 July Jan 15,013 45c 91c Mar 11% May Jan 8% Jan 2.35 1.38 May July 75c 3,100 61c Jun 75c 3,935 10 Jan 15% 19- 19(4 225 6c 9c 18,000 36c 1,000 .• »i-.7c 12 53% 5c 18 13 %c ■ 55c < Jan Jan Mar Feb Jan 14 50% May 60 Feb 4%c Jun 13c Jan Feb 18 9.75 250 17%; Jun 25c 500 • , Feb July 19 July 19 5%c 2,945 5c 7 3,775 53 11% ' * Products 25 % May Jan 36c 10%c • 12 -—* 7 53% —1 * 5c : (G & W) (Hiram) Westeel 1.69 73c 59 Jun 10 %c 11 (4c 1 Malartic West July 54 % May 1.58 1.62 Mar Jan 8.40 235 * -1 Oils Walker 3.05 Mar 10 * 2.48 July 20 8,550 9% Feb 17c 55% 21,929 74c 10 J.—10 f Trust Gold Villbona Vulcan 14 * 21% July Mar 92c Feb 1.02 9%c July 6,866 2.10 56% • Victoria & Grey July — _ Ltd Ventures Feb 8% Mines Roi July 36c 10 %c , 20 1 Upper Canada Mines 28 100 71c Western Jan 2.33 29,100 22(4 3,734 Apr 84c 29% Weston Jan Jun Jun (George)' 38c 63,400 27c Jun 8c 2,500 7c July 32c 16 Ma* - ' 10c July 31c Jan 50c Jan Wingait 15,906 24c Jan 39c 3c Jun 6%c 14,000 3c 2,500 44c 498,250 28%C 60 11% 11% . 14 14% v — 20c 23C 26% 26% 520 9% 9% 30 -— Royal Oak Dairy class A-— Industries ' ml •' common 160 Ryan Lake Mines Corp Ban Antonio Gold Lawrence ■ 16C 22C 48% 10% io% 1.01 1.50 1.66 —* Petroleums t-2.37 -vp V Warrants "S . Senator Rouyn - — 17%c" 1 — 40c Mar .2.30 20c 1.80 Mar 31 Knitting 15 Feb 7%c July 34c Jan 9% Jan 78crMay 85c 1.35 Jan Jan 14c 31% 25 1.55 1.60 4,200 2.89 11% Jun 1.22 July 20% 1.80 July 31% 30 1.25 Jan 39 May 37c Apr Jun 33% Anglo Newfoundland 20 20 1 1 7.25 7.10 7.25 1.75 Feb 24c 28C 27 %C 2.51 Jun 4.60 Jan 18% Jan 21% Mar 115 , i 1,010 ; 28,400 18% Apr Vv 5.65 May 24c Jun Mines Standard Mines class A Silverwood Dairies — 1 —50c * Asbestos Brown Corp .'■2ndpreferred r— Canada Vinegars 21 7.50 42c Feb 1.85 1 Jan • 4# Feb 710 29% Jan 39% Feb Hayes Steel Internatlohal Paper common- 283 90% Jun Feb International 20,200 67c Feb 1,200 55c Jan — For footnotes see page 18 18'4 43. 9%C 6%c 9%c 300 _• Brazeau Oils Ltd 18(4 29 (4c 31c 340 9,400 13,700 17 July 5%c July 25c July Jan 1.42 July May 1.49 Feb Jun - Apr Lots'^ ' High, 3,920 55/ 175 15 % 3.033 • 53 y* t. 14% Jan I" ....754717 I,;-r TlO l % 21 -14% V 3.80 3.85 I 9% Jan."' " 39% Jan - 77 1007 900 7 Jan: 47 . 'Ii-7- ». /i';! ''V ":■ — " ■" 22% _7 60 22% ? 36% 36% 36% 7 3.20 : 24% » ■ 15 Feb May 4.80 May^ 24% Feb Jan 37 May 163 287 Jan 3,725 July 175 3.20 July 6 V\ Jan 425 9% 8% 9% ;• 3.35 i ;; 16% May I 122 May '.,"53% July- 33 949 165 163 3.20 .,207/8 Jan Feb •/' 19 Jun 13% May -w3.50 Jun High 14 55 I May „ 9% Jan ' ,<■9%. /Mar^.-^, 145 112 113% 76 Consolidated Paper 37%. -— ! — (— Bridge 38 Eend Oreille i - * . Feb 13c Jan Twin 50c Jun Yukon Consolidated Price ' 10 Apt: Mar 82 Jan 71 4.40 Jan v 1117% ' 64 105 30% 25 53% 51% 27 ' _—8 26 B ; 7.15 ._1_—»— 28 % 30 1 * . . 7.10 53 . 7 27 7. 30 — 32% 11 13 60c 60c 55 Jan 7 Jan 48c 67 May Jan 30% July. 41 Feb 534 50% 60% Jan 651/ 21% Jan 25% 1,200 V Jun Jan 28% May 34 Feb 6.85 May 9.20 Feb 340 28 Mar 367/B Apr 2,000 11 Jun 13% Feb 50c Feb 66c Apr 2,300 7.20 32 j ■ ;,-f ... 3.90 .Mar 40% May 1.20 30 Vic 5,210 61 62 Jan 32'A Jan 100 7;/ 2,814. 30% ] Bros City common 125 , ' 37c 48 %c . """•*~o * 20% ' 1.70 37% * Utilities 76 1.70 ■ 1.28 Ma* 75c Range Slnoo Jaanary 1 Shares I . 1 Minnesota & Ontario Paper Southam Co - 20 % . r — Jun * Mar 17c 6 ' * m m 32% 86c Jan' ' for Week .j ,L—5 50 66c r. — . — 36 101 Low 14% • Canadian Westinghouse Dominion 64c t- 2.06 " Dalhousie. Oil 83c Feb May >. Salt* Week's, of Prices 52% - ----- 3.85 Canadian Western Lumber Jan 66c 65c Jan 3.00 Jan 84c 319,580 54%. 20 V» • 10% 1 „ 1.20 79,866 Ill1/* .12(4 > . "II100 —.— Apr r - — Preferred Canadian Marconi 9% - _ V- :'■ common 358 96 — —■ Industries 500 34% — — Canadian General Investment 20,300 95 *5'^ July 3,500 r f VVf.*>V .1! ;• V'.' 9% 34% ,1—150 Ranges 53 • • 1.38 —1 — Malartic Ti w[i»' Z——, 2.50 95 1.40 -.5 Va 1 ' " Canadian. Collieries 9% 36 Preferred ,. 1.33 34% — Jan - Jan > Apr 90C :! II100' 2.40 36 Clfess B Slscoe Gold preferred—iZZZi.* 9% .100 Simpson's Ltd class A Jan 50c 14c .5% 1,C •■.14% Co common $5 convertible 1st 1.34 2.25 May . 72c 12c - 84c Jun 1.25 54% — 2.40 85c 100% 100 Jun 7 Vic 23,100 62c Feb 46 Jan July : 1.35 16,720 1.50 56c. 12% — Jan Jan Jun 650 * *r 99 98 ■■ ■ 2.45 July 48,772 2.98 20% 1.40 v ^ Canadian 2.90 J 45 Last Jan Apr 31% -- 99% Sale Price Jan 31'A 40% 99% Friday 27c 15a 35% 2,096 39% Canadian Funds STOCKS 48% May 3.15 Jan Apr 73 Jan .-Feb >1 6c 3%c July 1,500 ./ 1.30 Exchange-Curb Section Toronto Stock Jan 17c 51,800 * 4c V Mar 3,500 35 I-44 May 25c 17c Jun 10% Mar Jan 35 Jun Feb ——— Coast Copper Silver Miller A class Yukeno Mines Jun 8c 45c Jan 10c 15C 20 Mining Jan 27c 39c 25,000 22c / 17%cl8%c 1 -• Voting trust Sigma Mines (Quebec) 12 %c 27 4Vic Jan ■ Mines Yellowrex Jan 14c 1,200 -98 %-'■-■ 99 1 r 60c ——— 1 —i. —1 1.40; :.—* 5%,T, 1 > 1.10 Yellowknife Bear Mines— Feb & 2.25 May 28,950 t--viv-. 20c 11,500 4c Feb July 56c - Ap* 103 9c v'*V• V;'V•''$ Lead 6t Zinc York Jan 28% - •' ?. Feb 15% 13c 36,200 35 : common 12 '4 July v-/.i\ 26% May July — 39% */ Wright-Hargreaves 7— . — ; 75 /lie 10c 100 * 29% —100 •?-i £8% Canada b Dominion Sugar,.,... 50c Eherritt Gordon Apr 2c 94;190- 2.50 «; 30 ; .» (G H) preferred—.— Wood Jan 21% 75 16c Bbawlnlgan Water & Power common—• Bhawkey (1945) Mines 1 Shea's Winnipeg Brewing class B * Sheep Creek Gold ; May 12 y* Jan - 5,085. 2,712 - May July 9% May 2,000 1.22 Ltd Freehold Ir, 6c 1.05 Selburn Oil Co Ltd— <,:: 2.60 10% Earnia Bridge 25 20,700 2.50 — 19c Apr 14 %c Jun 215 5%e 2.56 • Mines 4,098 4,500 25 46% 46% common. 3c 25 3c \ 15 2%c 14% i 14'/a • 1 Royallte Oil RUpununi Gold 6c 2,000 6,000 : Jan 13% 36,500 8'4 c 19c Oils July 9% 50 67/eC Consolidated Royal Bank Jun 8c ! ' ■ • Electric41 common— Preferred Feb Yale 27 85 16%c Long 23c 50,600 28% v 28 Lac Roche Rowan July :~1 Gold Winnipeg ,v 55c 49 %C Mar 3,500 I2C 35c 32c Gold Mines Windward Jun 9%c 23 93 % 8,500 -r Apr• Mar 27c May f Jan 19 Jan 15c 576 , 9 Vic 1 — 1 . 24 .94 10c 23 . V 94 34c July -15 5 13,600 , 1 Winchester Larder Jan 18%c tl'/aC _ 4%c 4VzO 44Q ' 17% 17% — „ 100 ; . 12 %c 41,500 20c - 21 %c 24%c • — — 94 common Preferred Wlltsey-Coghlan 27c 14c : Jan 56c 4 Vic 3%C 19 %c 17(4 5 10c Canada Breweries Western Homestead 4.20 May 35c 20% 1—1 Ashley Western Jan 7c Class A Breweries Jan 28c 35c Robinson Little common * 21% • Van 52c 9,750 63c Petroleum Epooner Jun ; Jan 36c July 33c 13% Feb July 25c 117,900 3.10 ■ South 15c 3,900 Jan 89c Jun 5,700 50 25 _ Apr 83 17 %c May 1,000 28c 21% . Oils 25c 19c Gold Bladen > 3.65 July Jan 3.00 40c — Riverside Silk class A Silver Feb 19c 2.40 Steel 30c • 30 45c Oils Jun Petroleum Silanco 1.95 1.76 May 24 % Jan Jun 43c 71c 1,50 May 61% 30c preferred A B 7,445 89c Regcourt Blcks Jan class Fuel Class 2,000 1,045 6,500 Dome— Poplar Gold Redwater-Piccadllly Petro Security 1.95 5,000 Red Scurry 1.67 preferred United Keno Hill 5c Ranwick Uranium Sannorm United Apr 1.05 Quemont Mining — Quesabe Mines Ltd Bt Jan 45c 82% Labrador Russell 61c Feb 4c Quebec Manitou Queenston Gold Roxana May 95c 0 Trust .777——7-- Richfield May 35c 90c I-*' 600 Jan 82c 50c Jun 41c 43c "l 27c 81 % —1 '14.550 1 -i Mining 4,300 •> 13,383 52c _• Gas 3,000 1.02 Quebec Chibougamau Reno Union 4c Prospectors' Airways —— Purity Flour Mills common. Reef 6%c Mar 4c Corp Preston East Union 81% „__1 Voting trust certificates Jan United Asbestos 121,627 3.65 49c July 7c 1.52 1.52 — Gold Premier Border Gold Mine- Quebec Jan 91c 1.90 • 1 -. Powell Rouyn Preferred 3c May July 12c May 15C 45c 80c 3.45 52c July 23% - ■v 40c 70c 3.60 Jan 2%c .1,500 26% Resources Txanscontlnental Feb 1.17 — Mines— Gold Porcupine Peninsular — -7-7 Premier , 56 % 42c 42c Gas__ Crow Power 32c 25% _• Empire Oils Trans 35c 75c .1 — Pioneer Gold Powell 144,250 500 Jun May — • Petrol 75c 4c Feb 25% Mar 7c 25c 2,000 65,850 \ Jan 11% 290 7%c 32c 7 116 7%c Feb 10% 49% 455' 3c 4c • - —— Paymaster Consol Perron 3c 1 Partanen Malartic 5,725 85c 1.75 Jan 7.55 ' 88c 77c Jun 95c 5,550 Jan 1.20 86 _1 Towagmac Exploration Tower Petroleums 2.25 31 13% ■V -1 50 Apr Jan 1.70 Mar 21 6,030 1.93 1.87 Elevators 7% - 53 830 81c )c Mines Paramaque 52% 85C Oil Western 8.35 _• Page Hershey Tubes Porcupine Pamour Pan 8.05 1,300 1.15 8.15 53 — Petroleum Apr 1.98 7,445 • Pacific Jan 2.10 - 7 Jun 19c Jan 6% Feb 93 8c 11 %C 4.50 -1 13 Vic Jun 102 V2 i- 21% Tombill Gold Jan 4.25 68c Apr Jun 7,150 • 7 Vic May 1,500 34,884 Jan 99% * Toronto 525 9c 88c 72% 2,000 Feb Jan July J 772 . 1.30 7 Feb 3c Ap* 25 .. 91 6%C 2.10 * * Jan 22c 3.00 14c v 1.23 .1 Jan 1.95 - Jan Jan 1.25 Jan 9c v Feb 3.75 78c 6%C II Thompson -Lundmark 1.60 Feb 6%c Mar 5c 1.25 1 Teck-Hughes Gold Mines Theatre Properties I' (18c 2.85 Jan 29,105 1.10 100 100% 100% 4c 9,500 Jan 11 Feb 36,800 89 91 .. 13c 3.40 1.02 50c Fen July 39c 16c 2,100 5c -6c , 7 1.03 Surf Inlet 19,430 2.90 3.30 / Oils Ltd Sylvanite Gold 6.75 6.50 16c.-. —1 1 _* 11 16 Vic 5,000 5% 5 .1 Crush Orange 2,000 6.75 '■ Orenada 100 4%C 4c Jan Jan 5c 15,000 / Feb —1 Bupertest Petroleum ordinary b% preferred 15% July 39c May 1.10 8,300 2.40 Feb 22c 101,000 11c May 5 5,500 12c Jan 8% 4,275 5%C Jan 6c 10c 21,500 2:55 15 III1 . Sullivan Cons Mines Feb 2,000 > Jan 32% —5 ; Sudbury Contact Feb 20c 10 %C Jan 12% 67c Sturgeon River Gold Mar 6 Vic 1.27 11% 820 Jan 25c 22c 14% _• Oils Omnitrans 57c July 14 -1 Mines Selections Oil Apr July 18c 29c 260 13(4 common— Mining Superior 13c V « 17% 31% common Steep Rock Iron Mines 6%c Jan Jan 17% July 13 % * Jan 46V2c Jun 13 Gold Preferred 6.00 Feb 40c 14 -1 64c 11c 16c - May High Low 34c 5,000 16% — __— Canada of 35c — i 36c 34c Jun 1.500 15c 1' 5c Paving Olsen Co Bteel Feb Jun 3 Vic July 7,500 *r 45c i3c • Standard Starratt 3.00 Jan 85 Chemical Standard 6%c July 19,450 40C 11 %c II Ogama-Rockland Okalta , May 4.40 Jan _— Obaska Lake Mines Ltd Gold 4c 6%C Wood O'Brien 20c _• Oil Mines Ltd Nubar Oakville 8,000 6,106 1,000 33c 5.20 12c North Inca Gold July 2%c 43c * Mines North Denison 1,000 II Extension North Star 3%c'? 4c _* Northern Canada Mines Northern 69 30c II Norpick Gold 1.40 1,652 5.10 5.20 May 3%c May 75 3%c .1 Mining 8c Steeloy 70% II Mines Normetal i 3 /•72% Noranda Mines Norlartic Jan 8%C Yellowknife Nipissing 11 %c lie II (1944) Mines Stadacona Feb 4%c New Pacalta Oil Nib 7%c May 14c 8%C • Range Since January 1 High Low Par High Low High of Prices Sale Price Range Since January 1 Shares of Piicet Low or for Week Shares Range, Laat STOCKS Sales Week's Friday Friday Last 8TOCKS— I v 500 .' i Volume 1741 Number 5033 . . The Commercial and Financial Chronicle , (399) OVER-THE-COUNTER SECURITIES Quotations Par Bid .IV* 4.96 Holding Corp -10 American Business Shares American Mutual Fund Inc- Axe-Houghton Beneficial Inv Boston Tr 10.30 11.14 17.94 19.50 1 j 6% Fund 16.17 17.72 1 12.18 13.24 l7/aS Nov. Boston—1 15, 1951 10.71 11.70 2%s Feb 15, 1952 18.41 18.81 2%s April 7% Investment 2% Investors Management Fund 22.05 25.74 Trust Custodian Funds— (Investment Bonds) B-l (Medium (Low Priced Bonds) 1 17.91 (Speculative Bonds) 1 11.47 25.94 K-l 1 17.37 42.68 K-2 26.87 35.00 38.18 17.96 19.60 17.19 18.75 100 6,550 26.16 . 6,700 139 1 144 6.78 : 7.37 8-4 (Low Lexington Priced 15.49 1 Loomls 16.84 27 V* 29 V* Delaware 16.76 18.43 Fund 1 (Net 13.43 —1 14.72 1 8.68 Aviation 1 10.69 ; 1 12.84 14.07 : - stock 1 11.14 Chemical 1 21.23 Corporate bond series Diversified; Industry 9.51 supply J Asset 55.48 3.95 4.58 Equipment shares.lo General Industries shares—lo Home Furnishings shares lo 4.32 4.77 . 3.54 3.91 3.70 4.08 lc 4.35 4.80 lo 5.51 6.07 lo 5.68 lo 5.00 5.51 Bond Fund Ino__lOo 7.74 8.48 Interest—1 36.92 Inc_l 12.53 Electrical 1 13.93 15.27 Manhattan 1 13.79 15.11 Mass 1 12.34 13.52 L stock Machinery Non-Ferrous 11.28 5.69 14.50 Steel shares Investors Ctfs Mass of beneficial 13.26 14.53 13.38 14.66 Massachusetts 27.50 30.14 Mutual Fund 1 14.11' 15.46 Mutual 1 8.71 ' 9.55 J , 8.10 Investors 1 — Dividend Shares •aeon — 9.02 National 11.18 12.25 National 1 10.22 11.20 Bond 25c Tobacco 8.23 1 Steel 1.83 2.61 Howard— <te Balanced Squlty Low Income 22.30 23.84 20c 5.17 5.36 17.12 18.51 Stock Industrial Fund Inc_l Boston Corp 2.52 __io First Mutual Trust Fund Founders Mutual Fund 1 5.60 6.20 • » 7.69 8.36 Series 5.40 18.29 5 & 20 Com 6.12 13.82 (Geo) 18.38 3.11 (net asset val) Stk Fund 57.74 value).* 28.07 Due 'V 9.48 > 9.74 State Street Investment 10.70 Stein Roe 12.21 13.37 8.01 v 8.34 Industrial -lc Machinery shares lc . 8.65 Sovereign Fund bond shares- _lc Low Priced shares— :. _lc 9.79 12.39 7.15 7.84 Merchandising shares Mining shares -lc -lc 6.96 Petroleum -lc 12.64 13.84 shares -lc 2.66 2.93 Equipment shares _lc 4.72 5.18 _lc 6.53 7.16 Railroad RR Bond Railroad Bteel shares stock shares shares Tobacco Utility _lc shares 1 -lc shares Guardian 9.01 65.10 1-51 11- 1-51 b2.05 1.90% 3- 1-51 12- 3-51 b2.05 9- 4-51 bl.95 1.90% 1.75% 12- 1-50 9.87 7.68 7.33 Fund Texas Fund 1 9.35 10.19 12.93 14.09 14.14 15.29 89C 98c 1.80% 2.00% 4- 2-51 1- 2-52 2.05% b2.10 6- 1-51 9- 4-51 bl.95 1.80% 2.15% 5- 1-51 2- 1-52 b2.20 1- 2-51 10- 1-51 2.05% b2.00 1.85% 2.25% 6- 1-51 3- 3-52 2.10s b2.25 7- 2-51 10- 1-51 2.15% b2.00 1.85% 2.35 % 7- 4- 1-52 b2.30 1.85% 2- 1-51 2-51 2.20% 11- .1-51 b2.05 1.90% 2.35% 8- 1-51 5- 1-52 b2.30 2.20% Fund : )4.40 Fund Inc 1 Industry Bond Union Fund Shares Bid 25c 1.10% Sept. 13, 1951—. bl.56 1.38% bl.53 1.20% Sept. 20, 1951 bl.58 1.42% bl.58 1.42% August 16, 1.25% 23, 1951 1951 bl.55 August bl.56 1.30% Oct. 4, 30, 1951 bl.56 1.38% Oct. 11, bl.58 1.38% Oct. Oct. Sept. 1951 6, New York Wall Bank & Trust Fifth Co..10 Avenue 100 Bankers Trust First National Bank 100 232 238 100 295 310 100 610 630 327 342 62% 16 39 41 10 130 136 Whitehall Fund Wisconsin Unit Type 19.94 21.75 1 19.74 21.23 1 Ino Investment Co 6.52 13.08 1 Wellington Fund 5.97 12.82 4.14 4.49 Trusts— Series E Series 1956 (White Plains, N Y) Empire Trust Federation Bank & Trust 37% 10 Franklin 41%, 43% National 10 54y2 Insur Co of North America 10 72% 74% American Equitable Jersey Insurance of N Y 20 55% 791/2 821/2 Lincoln 10 86% 90% 69 73 C —10 American Alliance American Automobile 5 6'/a 10 ; 20% 29 31 19%. 47% 24 25% v National Life Maryland Casualty common $2.10 Prior preferred 1 10 49% 4 Assur 461/2 49 5 26 28 Massachusetts Bonding Merchant Fire Assurance 5 25% 27% 5 32% 22'/a Merchants 4 8% 9% (Detroit)—10 32% 35 10 59% 61% 35 35 Casualty.,5 of Newark $1.05 Convertible preferred—5 A Mfrs 2% 21 Va 22% American Re-Insurance 10 29'/2 311/2 National Casualty American 25 52 55 National Fire 10 73 77. National Union New Bankers A Shippers Boston Camden 25 New Hampshire 109 62% New 20% 22% __10 123 127 10 66% 70% 35% York Federal Fire Assn of Fireman's of 26% 10 —100 .—20 Frisco Firemen's of Newark • 48% 282% 35% 10 373/4 403/4 83 10 Fire 25 Pacific Indemnity Co Peerless Casualty Co 10 5 10 68 % 72% 63% Providence-Washington Reinsurance Corp (N Y) 10 611/4 10 523/4 543/4 Republic 10 5 20 »/2 213/4 St Morgan 25 74 76 Bank & Trust—100 310 325 Mellon Nat'l * Peoples First National Bank 90 —100 1,550 National Brook (J P) —20 12% St. ;/ —20 100 National City Bank New York Trust United 55% Bank Y_— & Co Inc First National Bank 1,600 53% V 50 252 Amer 54 43% 99% Sterling National 98 25 Bank—..20 Exchange Natl National Manufacturers 102% 43% Nat'l States Bank—20 20 Bank 17 First National Bank 45% 25 V 55 38% 59 34 36 Bank & Trust_20 .43 V 47% 182% Nat'l—100 '■15% Mercantile-Commerce 46 * 50% 24 Mercantile-Commerce B & T.100 45% 102 57 v; 57- Louis Boatmen's 259 20 37 Portland ' 20% Public Nat'l Bank & Trust—17% (Texas) Paul Fire - A Marin® Title Guarantee & 12 Trust United States Trusty. 100 7% 238 192% 16% Mississippi Valley Trust 25 57% 60 % Mutual Bank 7% 248 25 59% 63% 55 59: 2 12% 7 ,;v Louis 20 Union Trust 60 100 135 United Bank 100 210 National Bank & Trust—33% 88 & Trust 225 Francisco San Bank of Amer NT48 A—6.25 91% 28 ' 29% 41% 20% 8 Recent Bonds— Elec 3%s .1986 Ilium 55% Cleveland 15% 16% Commonwealth Edison 2%s..2001 82% 86% Consumers Power 3%s 27% 29% Duke 7% 8'/a 35 36% 29% 31% Security Issues Bid Appalachian Elec Pow 3%s .1981 Carolina Pow & Lgt 2%s.-198J 160 52% 8t & Trust Tower Grove Bank As Trust—20 Chicago City Nat'l Bank & Trust Continental Illinois Ask 106 106% 94 94% 105% 93% 101% 102 V* 104 104% 3%s_ .1981 104% 102% 102% 97% 98 Calif Edison 2%s..1976 97% 97% 96% Tenn 102% 2%s_ .1981 97 England 273/4 293/4 Seaboard Surety 70 Bouthern 56% 583/4 31% 33% Tenn 14% Security (New Haven) Springfield Fire A Marine 10 10 10 66 5 43% 45% 22 Standard Accident 10 35% Corp Power Honeywell Regulator— conv preferred 100 3.75% 103 Foods pfd.100 Minn 104% .1981 Georgia Power 3%s Minn. Pow & Lgt 3%s___ .1981 General pfd.100 Florida Pow Corp 4.60* 94% .1981 Bid Stocks— Alabama Pow Co 4.60* 105% .1981 3%s Power 10 Gas 98 109% Ask 105; 102 110% Transmission— 4.64% preferred $5.10 preferred Texas 103 Eastern 100 100 94% 96% 101% 102% 104% 105% 44% 45% Transmission— 4%% preferred 100 37% 13% 20 343/4 36% Hanover Fire Hartford Fire 32% 34% .10 U 8 Fidelity — Fire 100 A Guaranty Oo__2 10 128 132 U S 10 33 35 U S Guarantee 5 36 33 Westchester Fire 3 565 585 48% 50% 38% 40% 10 21 share 22% Transmls Gas Odd Corp lot sale 3%s_ .1971 3%s (not .1976 stock.--dDeferred of 103% included In delivery Transcontinental Gas Pipe Line 103% $2.55 preferred * bBid yield price. cEx-dlvldend $2 and 1/Jd Included in year's range), eEx-dnterest. i*ia* year's range). sales (not k Admitted to listing on N. Y. Stock Exchange, n Admitted to trading n. sales (not included in year's range), tEx-liquidatlng dividend. (Un) Admitted to Y.^Curb.^r Catt wd When delivery. wlWhen Issued, x Ex-divldend. y Ex-rights, z par value, tin default. tThese bonds are subject to all Federal taxes. Ex-stock dividend. price, privileges, 95 2 Gas United a Travelers 43% Detroit Pittsburgh 291% 87 50% 3.33% Phoenix 323/4 Globe A Republic 5 Globe A Rutgers Fire common_5 Great American & Hartford Steambofler Home 41% of Security-First National 41 19% New General Reinsurance Corp Glens Falls 10 National Bank 1,290 38 29 —10 — 28 10 Phil a Fund -19% 2.50 Northeastern 39% 5 37% 10 Fidelity A Deposit of Md 2 10 Fire. Northern Pacific Employees Group Assoc Employers Reinsurance Casualty Fire North River 10 Crum A Forster Inc 5 12.50 601/4 5 Connecticut General Life Continental Casualty Fire Amsterdam 10 Fire 34 Commerce—10 of 37 Fidelity A American Automobile 39% 32% Bank 370 37 American Surety 38 Detroit 34% •21 30 350 16 Los Angeles Industrial Bank of Commerce-Id Aak 28% 100 Trust 20% 18% 100 1,230 Guaranty Trust Hanover (The) Bank of Freeport N Bid Union 20 Co City Bank Bank— Franklin Square N Y Meadow Par Central National Bank National & Trust Companies Ask Cleveland 10 Manufacturers Trust Co.——20 Ask Bid County Trust Co. First National Bank.. Diversified Trustee Shares— 35% Cleveland Fiduciary Trust 25 Aetna Life Agricultural Northern Trust Co— 04% 1 1 Investing Corp Savings. & 43 15 Kings County Trust Aetna Insurance Companies 29% Corn Exchange Bank & Trust_20 Street 2.45 97 5, N. Y. 27% & 5% 1 93 1.54% Harris Trust Manhattan 5% 2.73 10 bl.60 Chicago—(Cont)— 10 4.88 Casualty A Surety 1951—'. Ask Irving Trust Aetna 1.50% 25, Far the of Bank of New York Chemical Bank & Trust..—10 1 Bid bl.59 York Continental Bank & Trust North Amer Trust Shares— Series 1955 Insurance 1951—. Bid Par New 6.49 Value Line Fund Inc 34.71 Par 1.48% 18, Teletype: N. Y. 1-1822 13.01 5.37 2.23 1.45% bl.59 New York Telephone: WHitehall 3-2050 5.94 10.50 ^ bl.59 1951—i. Incorporated 20 Broad Street 11.97 2.42 4.97 1951—_ 1951— Kugel, Stone & Co. 1 , 9.24 2.05 27, City Bank Stocks 21.97 1 32.11 Sept. Primary Markets in 1 Fund 2.50 10c Ask bl.50 1951 1 Science Independence Trust Shares —5 : 1951 Income Fund Shares United 6.67 —1 Bid 2, Preferred Stock Fund United 11.89 . Treasury Bills 9, Chase National Bank 6.08 Plac Fund Inc_ Income Foundation Fund 2.00% August 18.80 B 11.54 uowe wi Ask 1 series Inc. —1 Incorporated Investors . United States Bank Inc Union 8.04 4.00 Inc _lc Mutual wi 1.80% 65.76 Television-Electronics 11.31 ■v Ask 8- 1.875% 8.61 1 8.78 9.48 Bid 2.05% 1.60% 65.25 Inc Technical 9.40 Investing Company shares. -lc 7.87 62.74 25 & 5.57 9 14 - 1 Corp.* Investors Trusteed Institutional Due 1.60% bl.90 Famharn shares Dated bl.90 1-51 28.07 8.89 bond Bate 1-51 8- 14.85 25.97 asset (net 8.65 General Auk J Bid 8- 28.07 13.72 Inc emu, 9.77 Fully administered shares- -lc 98.4 1-51 - Selected _lc ; 99.12 1-50 57.74 Fund Electrical Equipment shares -lc - Dated 3.40 Investors -lc : 98.20 97.30 1956 5- 19.89 1 Fund Chemical 5.07 1, 11- 17.83 1 Ino Inc Building shares _lc April 1.70% 14.24 16.40 Fund Fund Amer Shares 2% Shareholders Trust of Boston—1 r shares 98.27 99.10 2.00% Scudder, Stevens & Clark Securities- Food 100.5 98.25 98.18 l%s March 15, 1955 l%s Dec. 15, 1955 25 1 Scudder, Stevens & Clark shares 100.4 15, 1954 100.8 25% 2.50 Trading 73.71 Street 24 5 preferred 68.99 8.26 l%s March 4% England Fund 1 Pacific Amer Investors com—10c Republic 9.03 Aak 100.5 Federal Intermediate Credit Bank Oebentnres Bate 19.67 4% New 20.59 • .0148 are 1%S 5.13 19.05 7.53 .0120 99.9940 15, 1951 1%S Nov. 1, 1951 Values shown below April 1, 1952 l7/es July 1, 1952 wi„_ 5.90 4.68 Putnam 8.24 Bid l7/aS 99.9950 l%s Oct. 5.45 Priced Com Stock Series. 1 Low 21.26 Common (The) Stock Fund _lc Automobile shares -lc Aviation shares -lc Maturity— - 6.40 19.40 ii'i 96.8 Treasury Notes—(Cont.) 10.23 Investors Inc 2 Gas Industries Fund Inc —1 General Capital Corp l Group 95.28 4.20 4.99 Pine ^ 3.84 9.36 Petroleum 5.661, 98.28 99.28 5.41 5.86 Pioneer .1 4.95 1 6.91 General Investors Trust .0111 8.10 1 7.42 Fundamental 7.41 , 1 6.77 series 99.9973 1, 1951 7.42 Series Stock Group 6.31 stock 6.79 1 lc Common 7.32 1 8erles 14.00 7.01 1 Series 12.95 Series $1.50 Franklin Custodian Funds Inc—• Preferred stock series ,__lc 16.15 Natural Resources Fund Inc..lo 30 % Ask August Series Selected 2.77 29 15.04 1 Series Industrial Financial 17.91 1 Bond Speculative ___5 l%s Oct. 16.91 16.22 1 Stock 3311 Inc Bid 120.82 15.56 1 Priced 1 Fund 99.12 99.18 99.16 August Investors Corp Security Series— 30.96 Fidelity Fund Inc 99.4 l%s Jan. 1, 1953-1952— 2%s Feb. 1, 1955-1953 1%S Oct. 1, 1957-1955 Notes— 19.85 112.36 Securities— 1 Stock Fund Inc series Preferred Fund Fund : 18.36 • Fund Boston Balanced Fund 8.88 6.26 1 2nd Life of Nation-Wide ... 1 Invest Fund Inc . 99 117% Trust— 1 Railroad Equipment First Metals :Paper shares "... v Petroleum shares 1 4. Pacific Coast Invest Fund , shares—— —I '— Oils Railroad 100.3 115% 39.91 11.43 Utility 100.3 1961 Dollar Price Maturity— Treasury 4.36 4.15 13.23 , 10 \ lo 10.63 Public 100 100.1 38.15 Equipment stiares.lo 1 Metals Federal Land Bank Bonds— l%s May 1, 1952-1951 U. S. Gertificates of Indebtedness 11 Electrical 1 Dlversfiied Investment Fund.l Diversified preferred stock—1 Merchandising 99.30 98.16 55.48 Value) Funds— Business ; Bid Panama Canal 3s in 32nds ' 23.27 5.19 6.93 11.61 38.15 •Automobile 12.21 6.32 10.07 Value) • Sayles Second Fund— Managed 11.72 Bank 6.97 1 25c Fund Asset (Net - 19.55 Sayles Mutual Fund— Loomls Inc— 6.38 8tks)_l com Fund Trust point 100.1 100.1 1952 a 100.2 100 29.32 24.19 (Appreciation pfd Stks) 1 8-1 (Quality common Stks)_l 8-2 (Income com Stocks) 1 8-3 (Appreciation com Stks) 1 ? Stk equipment 15, 18.96 39.47 (Income pfd Stocks) corn- — 1951 12.51 23.68 ^ Funds 99.31 15, of Issues 26.93 B-3 B-4 Consolidated Investment Trust-l f. 24.68 15, 1951 Oct. 32nds more Central Bank for Cooperatives— l%s Feb 1, 1953—.: 27.61 9.44 Knickerbocker Insurance 26.41 Bonds) 1 Grade 1 I Pfd A 2'/as Keystone __1 Composite Bond Building 100.1 23.46 -100 Agriculture Automobile 99.31 9.43 Commonwealth Investment "• 2s 1 Preferred Diversified 1 87c 2s Oct or Other 100.1 21.70 Ltd Securities Fund Inc of 79c 99.31 Aug 15, 1951 Sept. 14, 1951 one Ask 1.70s _10c Fund Christiana lo Bid 13.80 —5 Century Shares Trust Chemical 1.21 B-2 asset value Broad Street Invest CorpBullock 1.09 investment Bowling Green Fund Inc— Net lc 12.59 lc 23.81 III Figures after deolmal point represent lo 1% • Obligations of Government Agencies Ask Federal Home Loan Bonks— 20.51 —I America Bid Stock and Bond Group Co of America 12.90 1 Inc Fund July 27 Group shares Bank Group shares Insurance Group shares "4.39 .—5 Corp of Par Institutional Shares Ltd— Aviation 4.05 11.87 Corp Holdings Bond Mutual Funds— 5.37 I Inc Puna Aak 46 y8 1 Axe-Houghton Fund B Blair Friday Investing Companies Mutual Funds— Affiliated Fund Inc Amer»x for •No 43 , 44 The Commercial and Financial Chronicle (400) ' " *4 Week Ended . THE COURSE OF BANK CLEARINGS compared with a year ago. increase clearings this week will show an Bank Preliminary figures compiled by us based upon telegraphic advices from the chief July 28, clearings cities of the country, indicate that for the week ended Saturday, 3.1% will be those of the corresponding week last year. above total stands at $15,618,131,532 against $15,144,390,144 for the clearings Our preliminary week in 1950. same At $ center there is a Our comparative loss for the week ended Friday of 3.7%. Pennsylvania—Altoona Bethlehem CLEARINGS—RETURNS July 28— 2.7 1,379,608 1,286.326 1,205,786 1,242,641 + 40.8 947,448 1,097,232 1,106,231 + 14.2 1,018,663 3.346,767 + 23.0 3,060,261 3,186,415 + 0.3 899,000,000 938,000.000 2,766,686 4,115,298 — Philadelphia Reading 1,064,000,000 .... — 1,061,000,000 3,706,168 3,358,758 + 10.3 6,577,156 6,292,299 + 4.5 4,553,397 4.-709,187 Wilkes-Barre 3,273,733 2,945,776 + 11.1 2,879,207 2,732,933 5,792,915 5,687,554 + 1.9 4,030,005 4,137,486 10,887,821 11,208,947 — 2.9 8,644,150 9,689,400 9,661,050 12,190,623 —20.7 7,147.360 7,167,276 1,112,368,981 1,109,759,204 + 0.2/ 935,333,503 976,244,727 .'+ 4.9 " — — Delaware—Wilmington - $7,523,757,348 — 3.7 794,763.119 791,637,041 + 0.4 8,067,127 7,693,381 Philadelphia 975.000,000 966,000,000 + 0.9 Cincinnati 229,894,652 226,183,403 507,775,427 476,351,141 + 6.6 Cleveland 431,280,281 378,498,485 '+54.9 Fourth Federal Reserve District—Cleveland- Ohio—Canton ; v Columbus 312.078,951 + 1.3 39,326,500 37,355,600 Mansfield 6,851,106 6,341,423 296,300,000 + 2.6 Youngstown 8,799,362 500,532,000 J - 308,088,236 303,900,000 city, Bt. Louis 361,881,000 + 33.3 356,453,416 8,144,107 336,137,386 1,080,672,444 1,000,353,785 338,522,508 322,869,877 + 420,040,381 339,507,777 241,289,919 + $11,654,888,642' $11,627,692,341 + Baltimore n - Ir|V• J I. .i i"Y-—- Pennsylvania—Pittsburgh 0.2 - Tencltleflfivedwyf 2,813,566,730 3,219,447,075 ————— 4.9 Total (7 cities) - $14,874,135,717 $14,441,259,071 + 703,131,073 + 5.3 + 3.1 743,995,815 All cities, one day - * 3,231,903 191,428,768 345,710,665 33,308,600 41,140,200 6,467,547 '+ '5.3 v 8.0 >:+'"■ 6,938,853 6,440,502 6.0 + 4,622,690 ' 8.0 ."+; 273,948,161 312,054,707 799,518,876 911,250,682 8.0 + ■■■ + 14.1 2,833,555 2,178.061 12,779,515 + 28.5 11,240,000 139,472,621 + 14.2 2,769,749 > 116,717,915 South Carolina—Charleston 11.8 4,282,369 3,831,229 Maryland—Baltimore 266,735,182 261,387,625 +"2.0 108.144,813 94,973,653 + 13.9 73,552,913 558,042,058 515,278,198 11,671,000 130,535,343 220,264.115- District of Columbia—Washington— Total (6 cities) covered by the foregoing will appear We cannot furnish them today, inasmuch as the week issue of next week. 8,008,293 175,394,998', 299,686,100 16,424,000 Complete and exact details for the week our '■ 5,569,474-. 159,223,791 Richmond 3.0 $15,618,131,532 $15,144,390,144 -— Total all cities for week v'\'_ - Fifth Federal Reserve District—RichmondWest Virginia—Huntington +14.4 Virginia—Norfolk Total all cities, five days 3,237.679 7.9 - Other Cities, five days——— ■ f, +23.7 260,322,848 Pittsburgh— Cleveland iii , ;+M:6 Boston Ban Francisco 1,031,333 Scranton $7,241,753,408 Kansas ' % 1950 1951 , York—- < $ 1,263,335 Chicago | New 194$ $ TELEGRAPH BY * ' 1949 It 1,749,480 ' Total (11 citiis) Week Ended July 21 Ihc. or Dec. $ 1,342,019 — Chester New Jersey—Trenton for the week follows: .summary Monday, July 30, 1951 . Third Federal Reserve District—Philadelphia— York this 1950 1951 Lancaster for all cities of the United States for which it is possible to obtain weekly .. + "' + 3,169,748 8.3 '•/A-firf.': 3,006,468 226,151,933 72,435,390 427,122,752.; : 446,569,883 -v ■ •JPIKVS..' Sixth Federal Reserve District—Atlanta- the Saturday figures are not available at time of going to press. ends Saturday and Tennessee—Knoxvllle.. Accordingly, in the above, the last day of the week in all cases has to be estimated. 24,130,330 ——- Nashville are able to give final and the week — For that week there was an increase of 4.6%, the, aggregate of 21, glided July complete results of the previous week $16,130,779,387 against $15,423,week in 1950. Outside of this city there was a gain of 3.4%, the clearings for the whole country having amounted to <014,335 in the same recorded a gain of 5.9%. trank clearings at this center having 295,000,000 Augusta which we present further below, In the elaborate* detailed statement, however, we v 128,510,213 i I 7,305,305 Alabama—Birmingham Mobile; Mississippi—Vicksburg Louisiana—New Orleans fMstrict by 9.2%. Pistrict of 2.5%. and the Minneapolis Reserve and in the San Francisco Reserve District of 7.2%. In the following furnish we a summary 750,176,414 Reserve Week Ended July 21 OF Grand *+.•/:•! Xst Boston —12 cities *?ad New York —12 3rd Philadelphia 7 93,601,880 V 6,413,069 318,096*' ;r 364,601+ 127,730,857* -' + *0.2£ 605,129,072 ■ i + .••••'.. s 1,643,044 13,108,291 Rapids Indianapolis Bend South 629,958,700 124,592 '•( 11,747,961 '"+11.6-' 9 s + 12.1 837;fti7 ? 6,749,729 ••+•5.5 642,915: 56,921.00t> +*7.8 3,388,373 3,218,537 88,105,722 74,205,153 4,476,323 + 10.9 Des Moines 32,934,251 33,190,000 Ploux City 14,865,703 17,437,305 —14.8 1,713,113 862,731,469 1,336,664 + 28.2 -V + 18.7 3,964,200 * :> Wisconsin—Milwaukee Iowa—Cedar Rapids Illinois—Bloomington Chicago 2, 495,423 v : 59, 282,227 3, 439,334 ■r, 0.8 — , "s 6,636,648 t 60,137,129 3,523,096- 27, 139,312 23,886,802 13, 058,034 12,190,903' ■'! 5.8 658 ,490,424 723,601,051 3 ,473,048 3,181,562 11 064,165 11,958,123 5,669,452 *; + 1,053,975 —23.6 4,498,594 13,589,382 V — 5.7 6,432,110 4,361,589 5.3 + , 5,427,705 52,744,000 1 174,579 815,786,007 3,437,804 12,815,286 Rockford > 7, 059,621 9,970,811 7,183,740 588,000 8,980,942 '•+'19.8 10,674,938 Terre Haute • 1,244,480 085,382*+ 6,362,170 7,123,429 61,385,000 Peoria 1949 % Total (17 cities) 1948 $ Inc. or Dec. 4,483,977 + , + 13.5 4 ,266,089 5.556.894 2.7 3 439,011 3,774,156 6.1 864,660,073 932,071,075 — ,• — 1,135,657,190 1,070,296,240 + $ 608,950,418 593,550,616 + ,2.6 548,751,717 558,911,966 7,964,066,775 7,531,170,165 + 5.7 7,025,340,323 7,567.974,993 .—11 1,112,368,981 1,109,759,204 + 0.2 935,333,503 976,244,727 <lth Cleveland 7 1,080,672,444 1,000,353,785 + 8.0 799,518,876 911,250,682 fjfch Richmond 6 558,042,058 515,278,198 + 8.3 427,122,752 446,569,883 819,084,072 750,176,414 + 9.2 605,129,072 629,958.700 1,135,657,190 1,070,296,240 + 6.1 864,660,073 932,071,075 562,316,115 574,483,188 2.1 487,513,003 497,877,253 452,558,362 464,189,524 2.5 380,528,562 386,648,697 459,193,543 571,101,199 —19.6 472,494,250 530,320,081 380,956,961 313,061,805 + 21.7 293,157,457 252,332,341 6th Atlanta 41 —10 . «• —17 7th Chicago Oth St. Louis •< . _ . 12th San Francisco II -10 II 6 . it 112 cities — 996,011,868, — — York City- 929,593,997 + 7.2 735,213,363 783,715,192 16,130,779,387 15,423,014,335 + 4.6 13,574,762,951 14,473,875,590 8,467,060,213 —10 — Outside New ' — 1.0th Kansas City Total II 4 — Oth Minneapolis ll.th Dallas II 8,187,514,410 + 3.4 6,778,807,310 Eighth Federal Reserve District—St. Louis— Missouri—St. Louis 311,800,000 325,400,000 Kentucky- -Louisville Tennessee—Memphis 144,686,964 152,254,838 103,721,624 94,541,121 2,107,527 2,287,179 562,316,115 574,483*188 Illinois—Quincy Total (4 cities)-., now add our 8,165,143 7,350,790 301,485,756 307,468,920 115,556,985 121,215,569 North Dakota—Fargo South Dakota—Aberdeen 7,585,876 8,893,158 4,170,650 4,445,719 Montana—Billings 3,750,456 11,843,496 3,729,054 11,086,314 452,558,362 464,189,524 Minneapolis St. Paul +— 7,159,815,114 (Searings at— > #£al»e—Bangor [■ Nebraska—Fremont-; 1949 Inc. or 1950 $ First Federal Reserve District—Boston lmmm " Dec. % $ « vv>::i948":v 1,834,418 4,661,581 + 0.8 1,671,466 4,706,610 4,003,461 „— Springfield Worcester New mow Island—Providence — (12 cities) Federal York—Albany Binghamton Elmira Jamestown York Rochester Byracuse Connecticut—Stamford •few Jersey—Montclalr Newark Northern New Jersey I 1,322,355 487,513,003 497,877,253 + 11.1 6,008,608 6.516,683 1.9 257,940,686 265,022,822 4.7 92,850.778 89,463,921 — — —14.7 • 7,073,349 8,379,160 6.2 3,523,153 4,092,639 + 0.6 3,530,755 3,255,968 + 6.8 9,601,233 9,912,504 — 2.5 380,528,562 386,648,697 + 3.0 — > ;l 144,446,493 141,614,679 1,710,186 1,051,398 2.4 837,139 2,263,333 3.4 1,702,750 1,786,003 9,935,388 1.6 7,536,034 16,798,114 264,195,436 % 10,578,621 8,740,368 15,904,980 376,204,834 13,631,093 610,160 485,359 666,689 8.2 6,599,299 113,310,943 7,4)68,388 123,841,215 —29.8 ..7,119,324 11,805,206 318,028,206 360.815,884 —22.4 '*10,868,743 11,735,808 2.0 + + 3.0 + 5.6 7,258,600 14,024,116 872,738 2,339,790 *9,000,000 - Wichita Missouri—Kansas City iSt. Joseph 460,290 —30.9 — 7,683,552 — + — Colorado—Colorado Springs- , 7,360,526 3.6 4.906,340 5,216,388 23,183,329 + 1.9 23,358,987 + 1.9 10,683,672 11,660,851 2,985,853 2,455,270 2.725.144 Total (10 cities) 459,193,543 29,668,100 28,054,900 1,517,044 — 2,429,950 608,950,418 593,550,616 + 5.8 26,302,256 1,229,222' 37.6 + 2.6 548,751,717 Texas—Austin 27,209,800 1,602,040 558,911,966 9.9 1,937,026 2,005,508 9.9 + — 1,879,854 2,293,713 472,494,250 530,320,081 571,101,199 —19.6 Federal Reserve District—Dallas— Eleventh 22,121,219 14,720,421 —3,280,378 Pueblo— 7,136,508 Galveston Wichita + 23.4 25,026,420 6,155,000 4,974,000 + 25.1, 7,335,635 5,486,958 243,918,146 206.227,099 23,286,202 23,154,523 ... + 23.7 5,144,000 4,400,0001 24.1' 4,399,074 4,063,419 2.4 9,074,400 9,000,342 +21.7 293,157,45? 252,332,341 7.1 120.007,501 134 099,159 " Falls 6,085,824 (6 10,897,143 380,956,961 cities) 4,903,392 10,636,791 Louisiana—Shreveport Total —13.9 258,971,553 31,314,979 Worth————"———! 8,289,297 319,627,859 Fort 313,061,805 + — Reserve District—New Yorkw York— Buffalo New 473,358,695 1,937,779 15,004,709 Hampshire—Manchester Second dew 463,829,462 0.4 7,095,957 Haven Total 2.2 + < 27,555,363 Connecticut—Hartford •Wiode + 2,063,663 9,772,729 Bedford 495,991,709 1,025,806 Lowell •lew — 2,071,838 506,803,205 — 779.873 7,765,501 Omaha 1,687,033 8.9 ' 748,874 539,210 7,128,700 Kansas—Topeka 1,843,395 *. 771,321 ;V. Hastings Lincoln $ V. 4,247,482 Portland River 77,045,029 1,763,873 Tenth Federal Reserve District—Kansas City- Week Ended July 21 1951 Fall 121,503,869 79,055,862 2.1 — 297,500,000 117,393,268 7.9 — 289,300,000 9.7 + detailed statement showing the figures for each city for the week ended July 21 for four years: BiCassachusetts—Boston 4.2 5.0 — — Ninth Federal Reserve District—Minneapolis— Minnesota—Duluth— Total (7 cities) We Total (12 cities) Twelfth Federal Reserve District—San Francisco- 13,935,928 23,156,845 3,609,761 3,993,865 110,141,016 100,482,858 1,977,696 1,782,772 39.8 — + 9.6 11,895,723' ' 14,372,892 3,396,175 86.683,699 1,552,066 + 10.9 3,024.960 81,891,094 9.6 1,532,391 Washington—Seattle 166,420,151 Yakima — Oregon—Portland Utah—Salt Lake City - + 6.9 2,026,993 1,804,746 + 5.9 6,795,955,641 7,314,060,476 San 21,062,174 San Jose_: 3.6 18,403,696 17,138,613 17,037,279 + 0.6 12.887,240 13,915,632 17,847,523 16,619,669 + 7.4 13,962,466 a 730,336 855,865 3.0 3,458,600 3,564,206 150,296,463 163,467,650 8.4 56,199,763 46,411,555 — ————-—— . 16,512,168 11,872,479 539,724,730 9.831,471 + 20.8 9,048,118 7,399,409 450,477,741 + 19.8 361,287,976 394.125,627 — 1.5 50,053,232 49,600,104 + 0.9 60,058,088 58,375,077 + 2.9 7.964,066,775 7,531,170,105 + 5.7 * 38,672,576 42,561,355 43,966,317 53,608,461 13,727,725 .+16.6 10,330,189 11,411,424 5,320,756 3,612,354 + 47.3 11,046,355 + 8.2 3,913,570 8,191,650 3,925,953 11,955,256 929,593,997 f 7.2 735,213,363 783,715,192 16,130,779,387 7,025,340,323 7,567,974,993 — (10 cities)— Grand Total (112 cities) — Outside New York •Estimated. 9,957,435 996,911,808 — Stockton Total 12,479,533 15,423,014,335 4.6 13,574,762,951 14,473,875,590 8,467,060,213 Barbara 8,187,514,410 3.4 6,778,807,310 7,159,815,114 14,492,342 a Pasadena Santa + —17.2 — 16,257,381 Francisco + 3,908,211 196,759,715 68,328,176 16,010,520 2,236,248 7,235,499,925 22,385,523 155,390,081 3,789,244 162,995,829 62,565,522 California—Long Beach 2,391,247 7,663,719,174 23,194,497 h -• CLEARINGS ■!$ „ 122,366,603 - 1,484,305 Decatur 1950 1951 ■ Federal Reserve Districts ; ' ' ■ 7,131,607 by Federal Reserve Districts: BANK „ District—Chicago— Springfield SUMMARY :r 3,182,061-• : 81,880,881-. 5,721,569 • * .V Indiana—Fort Wayne™ In the Kansas City Reserve ^District the totals record a decrease of 19.6% but in the Dallas Reserve District the totals register an increase of 21.7%, 819,084,672 — Michigan—Ann Arbor and in the Atlanta Reserve 2.1% 3,666,145 ' • ' 85,528,433 ii; — - > •+" The Chicago Reserve District has to its credit a gain of 6.1%, but Die St. Louis Reserve District suffers a loss of 7/ 80,158,808 -V; ;■ improvement of 5.7%, in the Boston Reserve District of 2.6% and in the Philadelphia 8.0%, in the Richmond Reserve District by 8.3% 4,180,460* " 4*-v7.3 '?■; - 67,253,953 '235,300,000 - "f'2,616,573 r ; 146,250,275 — Total (10 Cities) Seventh Federal In the Cleveland Reserve District the totals are larger 6,808,208 215,900.000 425,345" "+10 9 152,463,923 * 2^4X %; 471,596 15,929,507;.'/. "• 67.7277296 10.7 r 103,514,411 « '+'16.0 112,094,302 'W '+34.0 "<? 15,246.980 * 1 33.2 + 4,494,304 n ft*-- 3-13.5, • 4,691,026 4,013,901 120,124,032 according to the Federal Reserve Districts in which they are located and from this Reserve District of 0.2%. 259,900.000 6,248,819 i Macon Florida—Jacksonville We group the cities 4C appears that in the New York District (including this city) the totals show an 21,988,871 ' +*9.7 83,796,024 - "+3.9 87,030,201 Georgia—Atlanta $Not available, a Now included in Newark, N. J. 9,352,773 V- Volume 174 Number 5033 . . The Commercial and Financial Chronicle . (401) PARTIAL Foreign Exchange Rates 'i- Pursuant to the requirement of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily - to the, Secretary of the Treasury the buying rate for cable transfers giVe.below f EXCHANGE FOREIGN RATES CERTIFIED BY . - . isil 20, to july 26, 1951, inclusive * ' ~ ~ Toajtt Buying Rate for Cable Monetary Unit and Country Transfers Value in United States .vjaar of Chicago July 21 $ peso— UNDER TARIFF ACT OF 1930 *200000* '< 1 Pro fr» fdntl a '" "4* • & ':>??■'!- *<«• '"J•'' ' • '•• J <_ - •! v.. V New York Northern Pacific Ry., Seabrook Farms Co., Sun 2.231573 ^Australia, pound__—_.— - —: .200000* .133333* .0715000* .0715000* 2.231075 .0198500 .943828 Czechoslovakia, koruna——^——. Brown .0713333* .0198458 .0198500 0544060 .0544060 .0544060 .944101 .943906 .208500 .208500 .208500 .0200600 i —Aug 1 $2290 1 277 bonds Shoe ISSUE Aug 1 9 Aug 1 107 Page CALLED .0200600 .0200600 .0200600 .144828* .144828* .144900* .144916* .002856&5 .00285625 .00285625 .00285625 Germany, deutsche mark •India, Dominion of, rupee____:__—. .238379* Sep 1 274 Aug 2 102 $1377 of New 190 Jersey— bonds, series No. 4, due 1952 ..Aug $2293 1 .00285625 .238379* stock subordinated debs,, series "A," due 1961__Aug 13 Co. 10-year 4% 'France (Metropolitan), franc______ preferred conv. Co., 12-year 6% Securities ' j - Inc., $3.60 cum. preferred stock Lorillard (P.) Co., 5% gold bonds, due Aug. 1, 1951 Newman-Crosby Steel Co.— -.0198750 , Co., $6 curaul. Brown 2.231075 .0198750 .943437 .208500 .208500fi .020060# .144828'® Ceylon, rupee——— $2496 >f Company and Issue— .133333* .0198312 - .0544060 4 187 Date ENTIRE .200000* . 2.230992 .0198625 .054466# .944882* ___. J238T bds., due 1975_Sep collat. trust 4(4% $ .133333* .0198625 • 1 Aug 3%% debentures due 1962 15-year 3(4% debentures Ray Drug Co., July 26 $ .200000* 1019818* Brazil, cruzeiro Canada,, dollar— July 25 $ ; 2.231490 ; f.: Closed -• .019850$ Belgium, franc— ; Bank Notes-— July 24 .0715000* • 103 Co.— RR. ref. mtge. County Lighting Co.— mortgage 3(4% bonds, series of 1975 Lehigh Valley Coal Co.— 1st and refunding mortgage sinking fund gold 5% series of 1924, maturing 1954— Money .133333* .0712666* Indiana Pag« bonds, due 1963_Sep 1 preferred stock Aug 10 3% cum. 1st - ■ .200000* .13333V Western 4.20% Kings v July 23 $ ' ' 9 Co., 4(4 % series D, s f bds. due 1962 Sep 1 Cornell-Dubilier Electric Corp., $5.25 pfd. stk., ser. A Aug 1 Insurance Co. of Newark. N. J.— ' $4 cumulative preferred stock ...Aug 16 Hastings Gas Co., 1st mtge. sinking fund, 5% bonds Aug 1 ' ,u- July 20 Argentina Date 1st mtge. Light Co., Firemen's ■■■ in & 1st & We world. Gas Caterpillar Tractor ... • , • • different countries FEDERAL RESERVE BANK TO TREASURY J july the on record for the week just passedr7 a REDEMPTION Company and Issue— Atlanta 45 " Denmark, krone.— —— Mexico, peso—:— ! Netherlands, r, .208700 .262760 2.772896" " .496433* -Bweden,' krona._—,1— dollar— i: Union of South Africa, "* {Application f i Closed ' .496433* .0343000 .328500 .328500 .328500 .193269* j .193269* tables. .230600 .230500 2.783750 2.783750 2.800039 2.799921 2.800078 2.800429 '* ' '. .658327*t ,658327*t ,658327*t •561797*t .561797** t .561797*t .425531 * t .425531*t .42663l"t .425531*t : .; ' Steel Aeroquip Co. Allied $36,000,000 in New York City and increased $37,000,000 in the San Francisco District; there was a net decrease of $7,000,000 at all reporting member banks. Federal Reserve Banks Combined (In thousands of Inc. (+) or Dec. '■ , ' " • ' - ASSCtS"""' -i*"'- v' *' 1950 ? i——lit19,845,403 certificates Gold Juh 26, 1951 '1951 ^ 136,313 r-S,391,714 2,370 20,504,249 Other bash —r—336,926 10,084 78.082 221,544 5»819 323 Total gold ctf. advances-—— and Discounts reserves.— Industrial loans increase of $96,000,000 at all reporting member banks. A summary of; assets and liabilities of reporting member banks follows: 72,347 272,254 — 3,143 + 1 _ Biljs., - 24,200 -J——-\"V 548,272 — 3,193,792 Certificates ■ Bonds "5,822,102 — ; - —_ . U.' S. dovt. securities. . 23,057,414 . 24,200 securities— Due foreign banks—— notes of other, banks.. ' 245,421 Uncollected 3,249,650 42,101 Bank premises...—. W; 178,226 Other assets ——' 1 cash 7,757 items.lJ..—: ■ + 571,823 + 453,955 Loans 163 1 • 89,299 ;~ + 1 Other Other . iv-'i:' '? l-—>-\.4T,0I8,163 Totalassets 793,714 3,080,820 + •' y 'Liabilities—; ■ t,_ Deposits:' 'sv; ' i;. : NotesAL—1- 23,601,818 ./ ' - Real t:;: a*' :'vj' Federal Reserve + 833,088 + 2,672,536 292,822 acct._ i; 423,532 188,285 Sv Treasurer—gen. Foreign —_tl_ — _— 1 Othdr ■ —■ 879,607 310,738:. —- 1 ■ . 12,401 45,775 "+ 20,701,445 474,194 2,343,386 Deferred availability cash items 2,327,933 275,726 148,883 Other deposits 17,283 2,849 48,048,479 799,364 232,541 61 liab., lncl. accrued divs. liabilities Total ——1— 5,664 +. . + 3,033,255 + 12,392 S. Other 578 — la Cash 563 + —1 5,887 securities—Total.^ 25 __ 87 770 + 323 12 905 + Capital Accounts— Other capital " • Demand T . ' ''.ijliiik ■" 510,022 21,849 accounts— Time U. .27,543 5,589 199,578 '"r*$&''■ 13^324 5,483 2,325 171 1,539 — 7,380 14,243 • ,i4:'. 76 + 7 • 858 : __ 19 +1 — 678 .+ + 45 + 347 4,981 717 . 2,271 53 + 61 2,433 + 95 + 235 49,892 Government + 225 + 2,164 271 Total liabilities & cap: accts. Ratio o! serves, note 793,714 47,618,163 +' 3,080,820 combined—_ Debits 46.3 % 0.6' 9.4% banks to 1,265 purchased for foreign correspondents 27,729 Industrial loan commitments— 3,710 + + 777 181 + 798 25 U. S. Govt, + 28 96 + — 708 deposit accounts, •f + 363 —.— + '■ 80 ' 2,284 $4 . American Radiator 6% Artloom industrial, and creased in most districts and a agricultural loans de¬ total of $85,000,000 at all preferred and including those called The date indicates the the current volume the details District, and $11,000,000 in the Rich¬ mond District, and an increase Bancroft of $11,000,000 in Chicago. Holdings of Treasury bills decreased $143.G0(fj)00 in York City, and they increased $53,OOO,OO0Tin the San Francisco District, $43,000,000 in the Kansiyf City District, $25,000,000 in the St. Louis District; the net decrease at all reporting member banks was $13,000,000. Holdings of Treasury notes increased $76,00p,000. • Holdings of United States Government bonds decreased, and sinking or for redemption, fund provisions. last date for mak¬ (except where indicated) in which 1st Series Series Series Series .-.'H#!:,.,. Mfg. <6% Bell National Can due Corp. 1986— common 8-31 8-31' 9-15 8-3 L 8-15 8-3 9-24 8-31 :_ $1.75 9- 1 8-24 50c 9- 5 8-14 60c 9-15 9-15 8-31 37y2C 9-15 8-31 1 8-15 — pfd. series) (John) Bethlehem preferred Blackstone , 103 Aug 103 103 Aug Aug Aug stock 103 103; Aug 13 ? ■ *' < 20-year 3(4% debentures, due 1965— ; Aug 15 Pittsburgh Rys. Co., 5 % 1st mtge. bonds,, due 1970—July 31 277 277 7-25 9-14 8-29 8- 1 7-24 8- , 1 : 7-i20 $1.50 A (quar.) 8-15 8-13 $1.50 (quar.) 11-15 V11-12 12V»c 9- 1 8-15 $1.06 y4 9- 1 8-15 35c 9- 1 8-17 8-15 7-21 ■y $25c " 8- 6 10- 1 9- 7 9- 1 8^15 9- 1 8-15 $1.50 9- 1 8-15 20c 9- 1 8-15- $1.06% — 1 $1.12% quar.) (initial 9- 40c (quar.) $1 $1.75 — 10- 1 9-14 Gas & Electric— Valley (quar.) (Phila.), : (quar.) common 25c 62 Vac preferred (quar.)„ 50c Brass Corp & Cordage Co., Ltd., cl. A (quar.)_ 4.40% pfd. (quar.)_ preferred series B (quar.) Brown Company, 6% preferred (entire issue called for redemption on Sept. 1 at $102.50 4.40% 8-15 10- i 8- 1 9-25 9-14 8-31 $25c 9- 1 8- $1.10 9- 1 8-20 $1.10 9- 1 8-20 $55.50 share plus this dividend) Pipe Line Co 1 H::ll & Sullivan Mining trating (quar.) 4 1 9- 20c & 9-15 8-17 25c Buckeye Bunker 9- 8- 6 Concen¬ 1 — 25c 9- 50c Extra 7-27 7-26 9- 8-15 $1 — 1 1 8- 6 34c 9- 1 8- $1 9- 1 8- 6 $1.05 (quar.) preferred (quar.)— preferred (quar.) Dry Docks, Ltd.— 9- 1 8- 6 9- 1 8- 6 87 %c $12c participating class A Biscuit, $1.25 preferred 9-15 6 8-25 31c 8-15 7-27 27 %c 8-15 7-31 33J/aC 8-15 7-31 33c series E (quar.) 33 Vac scries F (quar.) t$1.12% Canada Safeway, Ltd., 4(4% pfd. (quar.)_ : J75C Canadian Fairbanks-Morse, Ltd. (quar.)—_ $25c Canadian Vickers, Ltd $$1 Canadian Wallpaper Mfg., Ltd., class A— 8-15 7-31 (accum.) Service Co.— Water preferred series C (quar.) preferred series D (quar.) preferred preferred 5.36% — —— $$1 B Ol&ss* class $1.50 Capital City Pirie, Products New 25c — Scott & Co.— . $1.12% 40c Co Paper & dividend common 7-31 9- 1 8-15 9- 1 8-15 8-15 7-31 8-10 7-27 8-U) 7-27 10- 1 8-20 9- 8 8- 8 . (quar.) preferred Soya Stock $37 %c (quar.) A 8-15 Boxes, Ltd.— Canadian Wirebound $4.50 " Aug ' Pittsburgh Consolidation Coal Co.— Page 7-31 : 25c Co. Aluminum 62VZC ^ preferred preferred Blauner's Bohn 7-20 15c Y.) (quar.)_ Sons, Ltd., cl. Corp., common (quar.) ; preferred Black-Clawson 4.25% 7-20' 7-31 25c & preferred 6% 7-31 ______ Bigelow-Sanford Carpet— New common (initial quar.)—' 4(4% $1.12% (quar.)_ Steel 9- 8-31 :• $1.12% (quar.) (quar.) Howell Bertram 8- 9-14 25c 25c (quar.) 4(4% 6% 1 20c (quar.)_ Corp Co., 9- 15c 8-2 _•——____ common Co., common (quar.)_—____ 4% preferred (quar.>_^_*^i_—__—_^— Berkshire Fine Spinning Assoc. (quar.) 4(4% of Bait, , 2%%. 8-14* 9 15 — — Power, preierred & Champion Date Light & Power Co, ref. mtge. sinking fund bonds: : v T 27e%, due 1976—— U 2(W, due 1981— V 234%, due 1984 W 2%%, due 1980— X 8-30 - • $1 (Joseph) Carson, TENDER OF Company and Issue— Consolidated Gas Electric Series 1 Sanitary— (quar.) Si Sons^— Bankers Commercial Corp. (N. Bausch Machine Tool (initial) Central ' New under called redemption NOTICE 9- 30c (quar.)—________ Building California bonds, notes, given in the "Chronicle." were 8- S 9-15 ——_ Products Vitrified Carpet Co. Bagley Burry ing tenders, and the page number gives the location in reporting member banks; the principal changes were de¬ creases of $35,000,000 in New York City, $24,000,000 in the San Francisco list of corporate stocks common 9-12 10c 50c __—_ (quar.) (quar.)—— Ayres (L. S.) Company, 4(4% preferred (1947 5.30% Commercial, 75c 9 50c Standard & Seating Co. preferred 5.28% a 5* (quar.) Co. preferred 4.40% Below will be found 9- B Pulley 45c Condition Statement cf lember Banks 000 in United States Government deposits. (monthly) Products American 3(4% Redemption Galls and Sinking Fund reporting member banks of the Federal Reserve System in leading cities shows the following principal changes for the week ended July 18: Increases of $225,000,000 in demand deposits adjusted and $181,000,000 in demand (deposits credited to domestic banks, and a decrease of $508,000,- , (quar.) preferred (quar.)__—— Burrard The condition statement of weekly * 9-15 8- 25c Class 4.20% 19.310 4" Home American Potash & Chemical, class A Burlington Mills Corp., common 4% preferrred (quar.)_ 25,746 ances 194 9- 50c 8- 9 8-15 ./ -r Burdine's, Inc. Burkart (F.) Manufacturing Co except accounts, during week Contingent liability on accept¬ 2 508 + — 9,759 — and 9- 4 1 (quar.)— preferred convertible American Co.— Leather per L — ...— demand Interbank 3,249 —— 1 10- • Cable— & & Brooklyn Borough Gas, deposits: banks Borrowings. gold certificate redeposit and F. R. to liabilities Foreign 15,809 deposits.. Interbank demand 9-14 10- 75c _ Brantford deposits adjusted Domestic Hide 5% banks deposits, except government S, Chain American 7% 42 Liabilities- " Capital paid in.J Surplus (Section 7) Surplus (Section 13b) American Beacon j 49 35 • + 6.675 — domestic 208 - + 19,495 Federal Reserve Banks with 1' + — 30,739 vault—— Balances . 7 — 4- — securities with 5,244 + 26 1 5,546 bonds Reserve 8 + 125 — banks Government S. 7,047 + , 85 406 loans loans 6,976 75 carrying: or — U. 2.210 + 75 — — pur- —— 294,462 -r- 5,488 for Treasury bills ; Treasury certificates of indebtednessTreasury notes ' 80,463 —'—— Total U. - ' to Other . 19,087,568 14 — — securities estate Loans 52,293 Member bank—reserve accts. u. Other • rv" a j dealers purchasing 1 Co.___^___——r___—_ agricultural U. S. Government obligations '•;• C**^-'r'vv'v*.A".^ '« ' for 5 25c — Stove securities loans 9- 10- common (quar.)____ American carrying: or preferred Arkansas-Missouri 33,131 U. 8. Government obligations 6,555 7,896 chasing and 1 t90c — .'American 19,035 brokers 5 75c — 1950 '' to 5 9 9- payment on a stock sometime in August., !_ Ltd, American Bank Note Co., 7% July 19, 1951 32,671 loans 26,258 consider to Foundries July 11, 70,085 and 1 9- (quar.) (in millions of dollars) ' — industrial, 4% 'pfd. Corp., Steel ,2. ... 8-14 $1 — American July 18, - Investments—Total— Loans—net 14 165,658 ■ and 40C " (quar.) common American J;u 4,824,106 + - * Loans—gross Commercial, • 38 and loans from R, L, 23,141,315 Total 1 ■ 5,093,217 + :J,, i, i . Assets—• 825,002 + Loans Total - 1951 7,362,248 •^.r————l—— 13,493,248 Note?' • 3,509,275 V +' 415,242 —T , the 6% 7-30 ' dec. (—) since securities: Govt, G. Stores 6% 8- 8-15 10c Co. Aluminium, Inc. ( + ) or , x U. A, of Rec. 8-15 Wood "Alan" Steel Co. (see Amalgamated Leather Cos., Inc.— 6% convertible preferred (quar.) and , 2,370 i; Cleveland H olden I- 9-12 10c Corp Directors intend Borrowing increased $77,000,000 in New York City $73,000,000 in the Chicago District, and decreased $44,000,000 in the Cleveland District; there was a net -^52,528,027 —_ fund; for F. : R. notes —_—658,846 Redemption (-% since July 18, July 25, Allied deposits adjusted increased $132,000,000 in District, $38,000,000 in the Kansas City District, and $30,000,000 in the Boston District, and de¬ creased $45,000,000 in New York City and $33,000,000 in the Philadelphia District. dollars) Kid When Payabl 5c Extra Demand the an¬ follow with 50c (quar.)— Radio Alan Woocl Steel ' dividends we Share v (quar.) Corp. Aircraft '#» Then Per merchandise. ■ the all during the current week. Name of Company Acme . Statement of Condition of the Twelve indicate we .658327*t ,561797*t first the a second table in which we show the payments previ¬ ously announced, but which have not yet reached theip payment date. .193269* .230550 2.783750 In nounced , .42553l*t grouped in two separate are .0348500 v. .5617^,1* t type of .496433* .0348000 .230400 •' J" ,658327*t depends upon .496433* 2.783750 ' Dividend announcements .140154* .328500 v.- < . 2.800625 United Kingdom, pound sterling.—'. f Uruguay, peso——— ,'f Uruguay, peso__i^.___*_i — Uruguay, peso———'C.— •Nominal. ' 2.7837Slf pound * .140154* .0348250 .(>.193269* .230316 Switzerland, franc.— ' 2.772277 I .. > DIVIDENDS .262900 2.772173 .140154* r-.496433* .32850.Q .19326^ Straits Settlements, .262875 2.772277 .140154* : . .0348500 1 .262900 2.772792 * Closed •; .140154* -±- .115606 $in Volume 173. .208700 .115606 •Announcement in this issue. .238379* .208700 .115606 - .238379* .208700 .115606 .262838^ guilder—_ ^— pound——_. *Nofway/krone__u_^— 1 Philippine-Islands, peso--—— Portugal, escudo__:— .238379* .208700 .115608^ — _ New Zealand, . 1 8-15 8-15 8- 4 9- Fibre Co.— 100% common on (initial 8- 1 8- 1 preferred (quar,)— Corp., $3 preferred (quar.) & Lumber Co., (quar.)— Co. (quar.)_— 37%C 9- 1 8-10 $1.12% quar.)————— 10- 1 9-12 75c 9- 1 8-15 Chicago Mill 30c 9-28 9-14 Chilton 25C 8-13 8- 3 45c 8-20 8- 1 3% 8-20 8- 1 8- 1 Chicago Citizens Utilities Stock Co., com. dividend (increased s-a)_ —♦ 25c 50c preferred (s-a) City Auto Stamping Co. (quar.)—— Clark common. Controller 4.80% Co., convertible —.————, preference (quar.) V 8-20 50c 9- 1 8-17 50c 9-14 8-31 36C 9-14 8-31 " Financial Chronicle The Commercial and 46 . . Monday, July 30, 1951 > Name of Company took Directors $4.25 no Hotel Co., Electrochemical Hooker Inc.— action on common divldend payment at meeting held on July 24 Cleveland & Pittsburgh RR.— Mfg. Co., Clarostat 50c (quar.)— com. Barbizon, 8- 4% — Co. Chemical Clorox 4 8-10 Hudson 9- 8 9- 8 50c 12'Ac — Collyer Insulated Wire Commonwealth Telephone 30c $1.25 8-15 9- I 56'Ac Co. (quar.)—— Coppermines Cerp. (increased) Mfg -Consolidated Theatres, Ltd., 50c class A Consumers Power Co., common (quar.) — 4.50% preferred (quar.)_ 4.52% preferred (quar.)_ Continental American Life Insurance Co. (Delaware) 50c 1 9- 9- 7 50c Industries, Inc. preferred (quar.) (monthly)———— (monthly)—————; preferred (quar.) Leather Co., Ltd., class B (quar.) Class Davis 1 8- 9- r 8-14 Distillers 75c 9- 1 8-14 9- 1 8-15 9-15 8-31 8-24 8- 9-15 8 21* 'Ac $17'Ac 37'Ac — 8-15 1 t$1.75 Lane-Wells (Richmond) (quar.) Lindsay Light & Chemical Co. (quar.) Lord Baltimore Hotel, common (quar.) 9- 1 9-15 9- 1 Le Tourneau Lea 7-20 1 8- 15c 6 8- 8-25 20c 8- 8-25 16c 8-25 8-6 8c 8-25 8- 6 18c 8-25 8- 6 7% Los 18c 8-25 8- 8-25 8- 6 M. 8-25 12c 6 8- 12c 8-25 8- 8-25 8- 6 14c 8-25 8- 6 18c 8-25 8- 6 8-25 8- 6 8-25 8- 6 8c' 2 Insurance Stock class A Eastern Utilities, Kansas States Corp., 8-25 8- 6 8-25 8- 6 Paper Paso Natural Furnace, Hose Meier 7-31 1 99- 7 • 9-15 1 8-15 4Vi% 1 8-15 Mississippi 1 8-15 Monarch Life Extra 9- 1 8-15 65c 8- 1 7-13 $3.85 30c 8-17 8-10 Montreal 70c 8-17 8-10 8- Extra • Fairbanks (quar.) Company, 6% Fairbanks, Morse & Fairchild Engine Firestone Tire r 4*A% 1 Foilunsbec Steel Foundation $5 ' 8-10 I 7-20 9- 1 8- 9- 5 8-15 9 1 9- 8- 1 Nashville, Chattanooga & St. Louis Ry. 8- 1 National $1.22'A 8-15 8- 1 8-24 8-10 $2.50 8-15 $1.50 9- 8- 6 National National stock 4"% Galr Gale Trailer (George (Robert) & A.) Company 7% (quar.) (quar.)—— common General Foods 25c 9-10 8- at 7-20 —" 1 1 8- $1.50.' 1 8-15 8- 10c 8-15 (quar.) National 3 9- 5 10- 1 9-20 Georgia-Pacific Plywcod Co., $2.25 preferred (quar.) (A. C.) Corp. com. 8-21 8-10 New 1 f 9-21 New Jersey 8-31 8-15 New York Company I (irreg.) _~~~ (H. W.) Company; Employees Manufacturing Great Northern Greenfield Railway, Gas Light. Gulf Oil Gulf u _ Ins. Co. 1 Newport News Shipbuilding & 1 Niagara Lower Arch Bridge Co., 8- 3 1 9-25 non-cum. 25C preferred (quar.) (initial) Corp., new common Co., 4.64% preferred 9- $1 pfd. 50c ______ (quar.)... $1.16 4 (quar.) Halle Brothers Co. Bridge Extra Co., North Northeastern . 8-10 JO- X., 9-15 — Hamilton Watch 4% I Co., common convertible preferred ^Harris (A.) Harshaw Extra Chemical 112 Vic M 10- 1 25C $2 t >$1.37 'A 40c __ J—JL_—__ Hires Light, 3.90%- pfd. Pineapple Co., Ltd (Charles E.) Company (guar.) '48%c » 40c 2oc L 9.. p ip i •••«» 8-27 8-27 - 8-15 8-13* 9- 8-15 ' '«o. Flour Mills, Ltd., Tubf Co._ Ohio Seamless Olin Industries, 4% 9-20 Shoe 8- 9-15 B common preferred A (quar.) 20c 35c 50c 85c $1 — quar.) 7% pfd. (quat\)_ —--a r— 75c 50c (quar.) Y.)' (quar.) (quar.) (N. 8-17 9-28 9- 4 9- 4 8-29 8-15 9-28 9-12 9-13 8-30 8-15 8- 1 10- 9-12 10- 9-12 10- 9-14 10- 9- 8 8 10- 9- 10- 9-15 9-15 9- 9- 1 8-10 - 4.88% 9- 1 1 9- 1 8-10 9- 1 8-10 Southern 9-30 8-6 8-17 8-15 8- 9- 1 8-16 8-4 7-31 9- 4 8- 8-23 8- 9 8-23 8- : 6 Standard 9 preferred 9 Standard 7 Stott 9-14 8-24 Stouffer Sun Ray Propane Drug preferred Gas 25c 65c 8-28 9-10 . 62'Ac Corp. Co., common (quar.) Co.— (quar.) (s-a)_____ 8-27 8-10 Texas 1 10-31 8-24 8-14 Texas 8-15 8- Thompson 9-15 8-31 9-10 8-31 11- 1 8- 3 7-20 9- 1 8- 9-10 3 Electric Transmission, Eastern 4.50% convertible Pacific Coal com. Oil & Co. 8-20 1 8-15 Tube 8-15 9-10 8-31 9-14 8-31 9- 1 8-23 10- 1 9- 9- 1 9- 1 $1 -25c 40c $1.12'A $1.3114 20c 33?Ac; '1$1.75: 60c 2«»c $1 8-20 8-15 8-15 8- 8-14 8-14 - 3 8- 3 8-25 8-10 9- 1 9- 1 9-10 11- I 8-15 8-15 8-17 10-10 9- 1^' 8-1 9-14 ♦. * '9- 5 8-tl h-9 t 9-29 9-19 8-23 9- 1 9- 1 7-21 7-20 8-, 1 8-15 8-15 9-15 9-1 8-15 8-17 8-15 -8-1 8-15• Amer. Reducing Ccrp $1.10 50c 50c > 8-15 8- 25c 9-1 8-3 9-1 8-3 5 8-10 9-14 9-14 8-31 8-31 8-31 (quar.)__ 1 ■ 8-11 8-1 7-30 35c 35c Products, Inc., com. (quar.)—— preferred (quar.) Thrifty Drug Stores Inc. (quar.) Tide Water Associated Oil (quar.) Tobacco Securities Tiust Co., Ltd.— 9- 9-10 9-14 $1.12% ___— , 4% 9- 7 • (quar.) preferred/ (quar.) deposit receipts for ord. Truax-Traer Coal Co. (quar.)_ 7-26 8-10 8-11 ' Paper preferred, (initial quar.) Transit Corp Co. (quar.) Tennessee Products & Chemical Corp Tampa 8-10 8-10 9-10 / 50c 50c 25c 25c 5c 37'Ac (quar.)__. 8-15 - 9-14 < Syracuse 7-31 8-31 8-15 9-15 (quar.) Corp. 8-15* ! 8-15 9-14 9-15- 30c preferred (quar.)_„ conv. 8-15 10-10 8-1®. 8-5 8-15 8-31 87'Ac — Co. Spring Steel Suburban 10-11 9-10 9» 1 (quar.)___ of Briquet, $2 7-16 10-15 9- 1 8-15 8-28 9-14*. — common held) diana 7 9- 3- 6 8-15 - Corp. (quar.) California (Del.)— Standard Oil Co. (Indiana)— (increased quar.) —, — Stock dividend (one share of Standard Oil Co. of N. J. for each AVO shares of In¬ 9- 8- 5 8-5 8-» 1 9-6 9-14/ / $1.37'A Forgings Oil 9-28 1 8-31 8-31 Tex.) (quar.) Standard 9-28 11- Inc., Standard - 8-31 9-14 20c $1 (Dallas, Insurance Brands. $3.50 - 15c • 9- 4 9- 4 ' 25'Ac 30'Ac 40c Speneer Chemical Co., common (quar.) 45c 4.60%preferred (quar.) $1.15 Spencer Shoe Corp._^_. — 10c Spiegel, Inc., common-—-— —>•>■, 25c $4.50 convertible preferred, (quar.) $1.12'A 9-14.- 9- 1 > (quar.) . Life 8-15 7-21 7-21 8-20 8-10 8-10 8- 3 9-28 9-28 8c 31'Ac Quarterly 8-27 8-31 preferred $5.50 Southwestern 8-15 9-15 8- 1 8- 1 9-10 8-31 8-31 9-10 30c Railway 8-31 9-15 - 87V'2c $1.05 40c Company Southern 8-31 8-15 —.— (quar.) (quar.) Co. (quar.) Southwestern Associated Telephone— 9-10 8- I 9-15 $$1.12'A $1.25 $1.50 preferred 6% 8-10 10- Southern 8-10 8-20 9-15 9-15 8-25 8-25 8-20 8-31 9-10 9-10 J$1 preferred (quar.) preferred (quar.) California Petroleum Corp.— 4.08% 1 8- 2 8-31 8- 6 9- 1 ; preferred iquar.)——— Smith Agricultural Chemical, common — 6% preferred (quar.) Smith (Alexander), Inc., common (quar.)__ 3'A% preferred (quar.) — 4.20% preferred fquar.i_-_;—.— Socony-Vacuum Oil Co., Inc. (quar.) Sonotone Corp., common (quar.) $1.25 conv. preferred A (quar.)__ Southern Calitornia Edison— j, 8-15 8- 8 8-31* 10-13* 10-18* i$ 1 ——. 4'A % 8-29 8- 3 10-10 10- 1 10- 1 9-15 9-15 9- 1 9.-15 9-15 Ltd., class A B Class 7-24 * $$1.25 — class A (quar.)__..- (quar.) Simpsons' 8-17 25c $1.13 $1.25 23c 40c $1.25 25c $1.12y2 (quar.) Water, 5% pfd. (quar.)—_ of America, class A (quar.)-.— preferred A (quar.) (H.) & Sons. Ltd., 5% pfd. lquar.)_ Simon 8- I 9-14 8-13 60c 50c ■ Corp. $4.50 9-28 40c 7-31 8-15 10-17 8-22 9-12 11- 1 11- 1 8-15 (quar.)— Shenango Valley • 2 8-15 s, 7-25 $2 $1 (s-a).—,—: ——,—— of New York (quar.) preferred (quar.)——-——_ preferred (quar.)____— — Pharmacal Co.. common (quar<)_ , 4.50% convertible preferred (quar.)—— Ogilvie • Class 8-10 1 9-10 8- 1 70c 30c 25c $1 — (quar.) 4'A% ' Serrick Corp., 7-30 9-15 8-17 40c 7-23 , Delaware Seiberling 8-31 10- 9- 1 (quar.) Roebuck & Co. Rubber Co., common preferred (quar.) class A (quar.) Sears, .. $1 (quar.) Co. 7-30 j. 7-31 3-29 8-15 , . — 50c (quar.) 5'/4% , 8-24 1 ——— Oil Co. Norwich 0-11 : 8-17 preferred Extrst*" 8-17 9-11 50c -rftartford - Electric Hawaiian 8- .* Surety 3-31 8-23 7- 9 — common of 8-17 100% 7-27 12'Ac ■:% 8- 1 50c 8-15 40c v 91 4'A% J50c 12'Ac $1 Ltd. (quar.) Bancorporation (increased Northwestern Public Service— 9-15 9-15 Co. Texas , . (quar.)— common $2.50 pfd Water Co., $4 prior pfd. Northwest 9-15 9-15 8-15 8-15 75c 40c Northern Insurance Co. 7-25 1 (quar.)." 5'A% :j 1 10- (quar.Jj^Ziri—. pfd/ ^quarj.. Co._Z-_—1—.1" ' Company, 8- 112 Vic (quar.).,. Central 8-21 7-16 1 9-10 25c Ltd. American North 8-20 9-21 8- 75c Co. 40c t40c Share Corp. (quar.)——Chemical Cb., $4 preferred (quar,)— Nopco 9-11 • Co. Oil 20c " 6% 9-14 9-10 30c Niagara 9- '30c —' 4.40% Dry Dock Co.' 8- 7-19 dividend)— (stock (quar.) Steel Seaboard 75c non-cum. 10- ; ___ Power Hamilton $5 8-15 '• ; Co., 10-15 15C __ "(quar,)"II Co. 9-28 50c 25c Paper Co. 25c Government 9- Co., preferred $4 Scullin 8-15 6% Inc. 25c * 8- 9-15 5 Trust— (quar.) preferred Sutherland Zinc Co.— Dock 9-29 9-15 9-13 8-15 8-15 9-15 9- 1 Corp Arms Seaboard 7 8-20 35c 50c New 10- 7-20 1 8- (quar.). (initial quar.) Paper Paper $3.40 9-1 —_— 8-21 10c 7-31 8-3 9-7 Mfg. Croix Scott 7 1 1 (quar.) 8-31 56'Ac __ Savage 89- 10- —. 37'Ac Irregular Gossard (quar.) 11-15 Nekoosa-Edwards Neon 9-14 9-28 9-15 9-29 (quar.)—--——— (increased quar.) Products of Western Canada, Ltd. (s-a) Amsterdam Casualty Co ——_ Britain Gas Light (quar.) Neiser 1 St. Inc.— Products, Brothers, 8-10' 11- 7-23 8-17 Co Castings 50c I__ (quar.)." 8-1 director's proposal to stock three-for-one. Steel (increased quar.) 8-21 1 St. to be held later 9-10 9- Sagamore 7-23 J50c 50c 50c 84 %C com. 7-23 1 9-28 Fund, Ltd. Co. (quar.) Co. (quar,)-— Paul Fire & Marine Insurance 1 8- $1.12Vi $1.50 Inc., 6 8- Naumkeag Steam Cotton Co.—— / Neiman-Marcus Co., 4'A% pfd. (quar.)—$1.06'A 8 -15r> $1.25 : ' Advertising Co., Cedty-Mlchiga n & & Type Co. preferred $1.40 8- common Starch Common 8-1 60c : 9- 8-20 1 ' Corp. Outdoor on- a the Malleable National Paper 7-20 V 25c — ; split 9-20 8-15 9-1 10- 1 (Jacob) (See Jacob Ruppert). Russell-Miller Milling (increased quar.) vote above company will 10- 1 Ruppert $1.75 $1.50 special meeting this .year, '7-20 8- a National 4 8-22 Co. preferred A 4% 9- (quar.) (quar.) A B Stockholders of 8-20 15c ; - '37 VaC 0% preferred (quar.)_____ General Tire & Rubber Co. (quar.) Gray preferred 8-16 8-16 ; II Gilbert preferred 9-14 tf? ______ General Industries, 5% preferred (quar.) General Mills, Inc., 3%% preferred (quar.) General 1 9-23 25c >. Gaxnewell Company (quar.) Bottlers, Inc. (quar.) 1 9- $lv; ,$1.50 preferred A $6 preferred (quar.) General 9- 50c (increased) Company Company, (quar.) (quar.). 8-15 (quar.) common preferred Haas Company, & 25c 6% Co., common (quar.) preferred 1 10-15 Register Extra three-for-one. Froehauf Corp.: Cash National A special meeting of stockholders has been called for Sept. 17 to vote on a direc¬ Fuller —— 8-15 1 9- 50c 50c 15c 65c (increased)— Co. (quar.) Gypsum Co., $4.50 pfd. (quar.) Hosiery Mills. Ltd., class B Lead Co., common (quar.) Can National preferred (s-a) Sulphur Co. (increased)'. (quar.) Co Extra •National 1 9- 1 (quar.) (quar.). Co. Gas Co., ctfs. shares Gas Rohin Co. (quar.) Investment Selection Rockland 8-20 75c (quar.) 8-15 Acme Roanoke 9 8-10 5 25c (quar.)——. Company Corp Shares 8- convertible American 9- 20c 50c 37Vic (quar.)— Corp. G.) 8-15 50c 9- 50c 593/»c ; $1.15 Co.— to spttt the common (quar.) (quar.) Inc. $1.00 Corp.— tor's proposal (C. Mutual 8-15 Mills Paper Products Motor Murphy 4'A% Rhodesian 8-17 8-31 , Mosinee 8-22 8-15 Ins. 1st pfd. (quar.) Canada of 1 1 4% Manufacturing 8-31 t$ 1.25 $$1.19 37Vic — Paper 43A% Rhecm 9-15 ' / (quar.) Lines, Resources 9- 96'Ac J20c Morrison-Knudsen 20c $1.12'A (quar.)_„ common (quar.) Stores 8-13 $1.25 62'/2c Mills, common preferred (quar.) Co. (quar.)„ Morris v 50c non-cum.. Freeport 1 8- .. 1 8» Co., series C Owl (quar.).; Marine Refining Oil 3-15 7-20 1 8- 84c 50c $1.25 35c 50c 50c 25c J6c 60c $1.12'A (quar.) preferred & 7-31 7-24 8-15 ( " Hampshire— New common 8-10 8-10 > 8- 2 8-10 8-20 9- 4 -*• '9- 4 8-1* 3-17* 8-17* 50c (quar.) Fire State 8-22 56'Ac $1.15 — Co., 8-25 25c; • Locomotive, Works Ltd 4%% preferred Moore-McCormack 1 9- (irreg.). Corp. (quar.) Investment 8-15 Chemical pref. (quar.) —- (quar.)— (Henry) & Co., Ltd.— preferred (Initial quar.) 5% Co.— Corp., 4% preferred' (quar.) preferred (quar.) preferred (quar.)_. 4.00% 8- $£..50 (quar.)-i. Rubber — Co., 4.60% pfd/ (quar.)— ' (Springfield, Mass.) (s-a) ~ Ins. 1 of convertible 9-15 50c 87Vic 25c (quar.) Reclaiming,- com. Power Monsanto 32'Ac (quar,)_ Power 4.00% • Co. ' . preferred & Airplane & preferred Florida 20c _ Equitable Gas Co. 8-15 50c ; Red 50c 15c —— Morgan 8-15 ; - / Co.— common preferred $1.06'A (quar.) (quar.) (quar.) Rubber 9- (quar.) 8- 40c — Company, 9- (quar.) A 8-15 $1.75 50c — Company >9- $1.02'A — Reading Company, 40c $12'/2c tquar.) Co: preferred Midwest Equitable Fire Insurance (South Carolina)— Semi-annual & $3.50 $1.06'A (quar.) 8-10 50c Frank Midvale 8-16 t 8-24 62Vic preferred (quar.) Hill Publishing & Merck 7 1 125c — (1950) class Rubber & Inc. 8-15 Quaker 50c $1.25 Year-end $2.50 McGraw 10c preferred 2nd McCord 8-10 10- (quar.) Corporation, common $1.06 VA pfd. preferred (quar.)—i preferred (quar.) Electric 6 8-10 10- (quar.)- 2nd Electric 8- 8-20 $1.75 A A 4.10% Gas, 6 $1.50 (accum.) Co., Ltd., class Eddy 6 8-25 9-10 5% Co. preferred Oil Pure 5% — ——.—— preferred 7% 8- 9-25 Co.— Insurance & Harris Co., Ltd. (quar.). Mathieson Chemical Corp., common 8- 8-20 (quar.) Bonding Quarterly 8-25 Quaker City 7-31 Massey 8-25 15c (quar.)— (accum.)-- Inc. pfd. $7 $G preferred B Electrol, 6 50c — — Eastern $4.25 8- 7c Mills, B 4>A% 8-25 50c Bonds Hosiery $4.25 6 Massachusetts 18c Tobacco El 8- 8-16 25c 30c Corp. preferred 5% - 14c —_—— Government Class 8-25 10c Durham 6 15c Equipment 6 8- 10-10 1 Service 3.35% *3c 25c (quar.) Mallory (P. R.) & Co., Inc. (quar.) — Maple Leaf Milling Co., Ltd. (stock dividend) (13 shares of 5% redeemable pref. ($1 par) for each common share held) Marathon Corp., common (quar.)_ 6 8- 8-25 10c Utility 8- 8-25 23c oil 8-25 15c 9-10 1 25c (quar.)- Co. Ltd.——— Mines, Car Magor 15c Merchandising 1 9- Public 9- $1 7-31 7-31 7-31 8- 3 $1.50 pfd. ; 11- 15c 62Vic MacWhyte Company 15c 1— ,Machinery Woodworking M. • . (increased quar.) 6% Light, 10- 5c Adams Macassa 6 15c & quar.);/.. 45c Water Co. (N. J.) Electric 8-10 $1.75 12Vic 2nd preferred (quar.) Transit Lines (quar.)— Factors (increased quar.)__— non-cum. Metal Products, common .(quar.) 5% preferred (quar.) 6 15c i ,, (increased Extra Princeton 9-14 50c - - — Lyon — Steel (quar.). of Virginia Co. Angeles Lowell ; — (quar.) & Sons Extra 6 9c — Inc Company (James) Life Ins. G.), Inc., $4 pfd. (R. (H. D.) Lees —. Railroad i Fabrics, Lee common.. Co._____ America 1 37 Vic 50c 35c 50c 65c $1 9-15 Electrical Public (quar.)— (quar.) 35c Fuel of 9- 30c l°c 10c 50c $1 Co. Extra Corporation (resumed)Lanston Monotype Machine Co. (quar.) Chemical ■ (Increased)— Lanova 12c j (quar.)— Co 3 Bank Stock Building Supply . Heater (resumed). Co. (quar.) 9-28 35c $1.25 10° 15c (quar.) 3 — Aviation , (quar.) 8- Industry Series— • j common com. Wire Quarterly 40c 40c 35c 75c 10c 8- 933Ac 8- 7-18 quarterly at this time. 8-15 . 3 8-17 7-28 (quar.) common________. (quar.). Co. Co. Co., 7% pfd. Co., (accum.) Public National Eank & Trust Co. (N. Y.)— (quar.) preferred prior Potish Public 8-15 Stock Fund Series Fund Agricultural A 9-1 Tool / (s-a) Chemical Co., Coke & preferred Pocahontas • paid 8- 6 Pittsburgh Plomb 7-31 7-31 8-15 $1 45c RR. (quar.) common Philadelphia Insulated regular the 15c pref. $5 ' (quar.) 9-17 10-15 Investment Automobile 7-26 10c Preferred Bond Coast 1 Lakey Foundry & Machine Co. •Series— Corporate 8- 9-14 Investment income: Diversified 20c 25c 25c 25c (quar.) Diversified Investment Fund— Diversified Common Stock Fund Pucific $5 6 8- 10-16 16V'4% Duquesne Brewing Co. of Pittsburgh (quar.) Diversified Funds Inc.— The following are quarterly distributions from 9-10 Kings County Lighting (quar.) Kinney (G. R.) Company, Inc., Kysor (quar.)— common 1 preferred (quar.) 1st class $3 1 8-15 8-20 35c s Industries, $1.12Vi 10- usually $1.25 Company 5.60% 7-20 10- 1 9- ord. reg. (final) Dominion Textile Co., Ltd., 7% pfd. (quar.) Drackett Company, common (quar,)—— 4% preferred A (quar.) 2%%:'Preferred 9-14 $1 — (quar.) Philadelphia Electric 9-14 1 Co Keyes Fibre Co., 7-20 7-31 10-10 9- of Kawneer 7-31 'Ac 7'Ac Co., Ltd.— Dresser div. 7-21 1 8- $1.13 8-29 1 Valley Bureau Perkins Machine & Gear 9-10 9-26 10- omitted Directors — 9-28 & (quar.).! Producing & Refining Perfect Circle Corp. 9 8- 9-10 (quar.) Weste/n Oil Corp., common Peoria Stock Yards— Kansas City 7* 1 10- Co'-p- Printing 9- 9-28 1st preferred preferred 4% Panhandle 8-15 $1.10 (quar.) common (quar.) Estate Jones Kable 50c C.) N. 1 (quar.) Ruppert, 4Vi% preferred (quar.) Standard Life Ins. Co. (Greens- boro, Pacific 4 9- (quar.) preferred preferred Pacific 8-15 8-16 9- 2c Jefferson 25c deposit receipts for Amer. 7 J15c (quar.)—-—— Electric & Gas .. (s-a) 8-10 1 8-15 9-1 8-24 8-10 9-1 9- 1 9-30 9-30 8-15 9- 1 9- 1 redeemable 4.80% 4 8-21 8-27 9- 1 10c 15c $2.50 25c $1.75 37'Ac 25c 60c 25c SI.25 5% 8-15 2'Ac 35c 82 Vic Light, & Power Jacob 933Ac (quar.)— A Class Derby 4.40% Iowa 9- B ; 6% 3.30% 9-14 25c A Class 8-24 1 10- 31'Ac «■— 4'A% pfd. (quar.) Realty & Securities Corp.— & Light, Power 7-23 9-15 50c 9^3Ac preferred (quar.) — & Varnish Co., com. (quar.)— $3 prior preference (quar.) r—— Cooksville Co., Ltd., fOc class A (quar.) — Crane Company, 33A% preferred (quar.)— Crown Cork & Seal Co., Inc., common—_ $2 7-31 10c 8-15 1 9-20 10c $1.50 (quar.)... Co Extra Paint Dansker Silver Royalty Co., Inc. (quar.)__ 1 9- 8-10 1st preferred A (quar.)— redeemable preferred (quar.) Mills (quar.). ... redeemable 9- 7-31 31'Ac 31'Ac 31'Ac 30c / 50c 5% 9-10 50c Copper Co. Resistance International Investors / Consolidated preferred (quar,).. (quar.) 1st 8-15 9- 10c 75c — 8-15 8-15 8-15 8-15 8-15 8-15 8-15 37JAc 34%c (quar.)_. 1st preferred 1 9- $1 (initial) 7-31 9-15 & Electric Co.— 1st preferred 5'A% 31'Ac 32c 8-10 10- 1 9- 1 9-25 9- 1 $1.25 (quar.) 5% Co Co. preferred 9- 31'Ac . Co... International 7 1 Refining Steel Inspiration 10- 5% Dallas 6 10- preferred Continental Cook 8-20 8- $1.13 (quar.) — common (quar.) Copper & Steel 1 $1.12'A . Co., Can 8- & Limestone Inland 1 9- 113c O.i $5 Pacific Gas & preferred series A (quar.) preferred series B (quar.) Indiana 8-28 9-28 25c Pulp Humble 6 Oxford 6% 5.12% 8-15 8- : 8-17 25c Litnograpn Consolidated $3.75 1 5% Power Continental 1 9- -- Co.— (quar.)— preferred Connecticut Consolidated 8- 7-20 8-20 1 July 20, on Paper Corp— Class A common (initial) Hudson 9-1 10- div. pay¬ 1951. action on com. no meeting held at ment 8-25 25c 56'Ac common (quar.) Car Co.— Motor Directors took 8-25 '/ 9-15 25c (quar.) Foil Co. Cochran $5 9- preferred $2.25 - (quar.)— 87'Ac 8-10 50c guaranteed (quar.) special guaranteed (quar.) 1% Corp., Houdaille-Hershey 4 Payable of Rea. Share , convertible 5% 9-10 9-11 * 9- 4'A% 7-30 3 . Holder* When per , Falls Corp., common (irreg.) — 20c preferred (quar.)_., ^ — $1.12'A 2nd preferred— $0.29589 Paper Co., common (stock dividend) 100%' Oswego 9-27 $1.06'A (quar.) Inc. (quar.) preferred ; Name of Company . Payable of Rec. < 8-30 8- 6 9- 4 Share Name of Company Payable of Reo. j > Holdert When Per Hotderg When per Share 1 . (402) (interim) 50c $1 12'Ac 9- 1 8-10 50c , 9- I 8-10 5% 40c 10c 9-io 8- 3 9-10 8-31 7-18 7-10 (quar.)___50c 9- 1 '8- 3 — 25c 9-io 8-24 Extra Ar--— * 25c 9-10 8-24 United Engineering & Foundry Co.— Common (quar.) 75c 8-14 8- 3 7% preferred (quar.) $1.75 8-14 8- 3 United Illuminating Co .: 55c 10- 1 9-12 U. S. Finishing Co., common (quar.) 40c 9- 1 8-10 $4 convertible preferred (quar.) ^ $1 10- 1 8_10 7% preferred (quar.)— —— ' $1.75 10- 1 ' 8-10 U. S. Lines Co. (N. J.), common (quar.). 50c 9- 7 8-24 4V2% preferred (s-a) 22'Ac 1-2-52 12-14 U. S. Printing & Lithograph Co., common, 75c- '* 9- 1 8-15 5% preference series A (quar.) — 62'Ae 10- 1 '9-15 United Steel Corp.^.Ltd._„— tl7*Ac 9-28 9-7 Universal Coolef, 6% preferred ' (quar.)—— " - $1.50 ' 8-15 7.31 Universal Insurance Co. (quar.itiii^,^^,, . 250-- • 9- 1 >' 8-I5 Universal Products Co., Inc. (quar.) l.— *\ 50c ^*9-10' * 8-30 Warren (S. D.) Company, common (quar.) 25c 9- 1 8-10 $4.50 preferred (quar.)— $1.12 9- 1 g-10 Union United Carbide Electric & Carbon Coal Cos. — — Corp. (quar.) Number 5033 Volume 174 The Commercial and Financial Chronicle . . , (403) Per Name of Company Indies West Share & Snowdrift Co., Wesson Oil Corp. Sugar When Inc. (year-end) (quar.) Holdcra Payable oj Rec. $1 8- 9-15 9- 1 7% 4.35% preferred 9-15 9- 1 4% 2nd 8-30 8-10 4% 3rd preferred (accum.)_ Westinghouse Air Brake Co.— Atlantic Coast 40c 9-15 8-15 Atlantic Refining 9- 8- 7 3.75% —— 5% preferred convertible Wico Electric 6% Co., preferred Wisconsin 37'Ac (quar.)___. Co., com. 3.60% preferred (quar.)_ "6% preferred (quar.)——. Wood (Alan) Steel Co., common. 5 % ■ preferred (quar.» 5% Industries, preferred Wvatt Yuba Metal Inc., Boiler & Consolidated Wyandotte Extra Works — C-o. 9-14 9-14 1 9- 1 8-15 10-31 10-15 90c $1.50 35c 10- 30c 31'Ac Austin dends this preceding table. $2.25 Avondale 8-15 Common 1 8-15 $4.50 9-29 Name of Company t 8-31 8-16 Corp., $1.20 , Share - Bankers 10- 10-1 8-1 Affiliated 'Gas 7-13 8- 1 7-26 9- 4 7,-31. A 10c Equipment, -Inc. (reduced)— Agnew -Surpass Shoe Stores, Ltd. (quar.) 1_ ,'Air Asociates^ Inc..' -A A * - .! 15C + v. Common dividend.."-One share of 6% conv. •.rV *v;p preferred for each share" common held— Air-Way Etectric Appliance "Corp.n (quar.) 'Akron, Canton & Yhungstown RR.— a . i . Class Dry Dock-& Stock 7% dividend 1st 7% 1st '-A. Shipbuilding, '•>r\ common A — Controls Cast Alpha Co., Inc., 7% pfd. Portland $3.75 Co. Cement of / common Aluminum Co. of Canada, 4% pfd. (quar.)_ Industries, Inc. (quar.)_ Sugar, 5% preferred tquar.)_ Amerada Petroleum, new com (initial quar.) Automobile *25c Book 50c (quar.)-. Shares, Inc.——— American Can Co. (quar.) American Car & Foundry-— 7% non-cumulative American Distilling Equitable Assurance Semi-annual Furniture American (quar.) 7-26 7-19* Extra Insurance Co. Semi-annual (N. preferred Co., 6% preferred (quar.) Paper Goods preferred (quar.) :•7% 1% preferred American & 5% 50c 10- 1 9-1 8- 1 7-20 8- 1 9- 1 8- 1 7-16 (quar.) ' 40c 8- 1 37 %C 8- 1 7-20 $1.75 9-15 $1.75 —... 12-15 ... 24c 7% 1st preferred (quar.). SAmterican -Tnermos Bbttle (quar.) preferred American Window convertible 8- $1.25 $5 prior Anaconda Glass (quar.)— $1.25 Mining Co Corp. dividend — 'Y 8-21 -6% .preferred . Arizona - >•-' Edison A 1 (quar.) - vf ... - ■ 7-10 7 common ■ 8- 3 8- 1 7- 1 , ' .•.8«24 ;8-15 8-15 8- 8-15 1 8- 1 $25c 11- 1 10-19 8-1 7-16 v V-14 $10c 8- 1 1 5% : (quar.)_*~—— 20c 9-15 9-15 8-15 1 ',iv 7$1.12% AAflAlv A r (quar.)__ 6% ; 1st -preferred Iquar.)-— ,7% >2nd ^preferred /ouaT-)—r—-u. Associated Telephone .CO., Ltd.— 'tS*' -4V2 'to i preferred _.tquar.)—1'_ 10- A '40c . $1.50 •' ; : A; $1-75 • • 1 9- 1 22'Ac $2 preferred t«s-a)————_ ?.^Atlanta'"& .Charldtte Ai'riiirie Ryi Atlanta- Gas I4ght jCo., jemnmon (quar.)—— "4-preferred s-quar.)__ !• 25C "r y','9_: $2.50 A $4.50 ' - 30c $1.12% 8- 1 »- 1 * 8-10 y. ■ 7.16 v 7-16 ' >.v. 1 1 7-19 8- 1 7-19 1st & Timber Mills, 7-30 9-1 8-15 8- 7-12 1 10c 8- 6 8- 1 9-21 $1.40 88- preferred 7 7-18 convertible 7-14 I 1 1 ■vr. 8-20 ' 9- 1 .•,'.•8-17 :j 9- 1 8-17 ' ' preferred (quar.)__*___^ r > " , 8- 1 8- 1 * A®0c tpartic. . class A (qt»ar»)__; - - .USc Bohthctn-Rutlway 7- 6 7-31 7- 9-29 U-'' 9-14 8-15: .. 9- 1 8-15 9-10 8-17 7-19 8- 7-19 1 12'Ac 9-14 8-31 $1.50 1-2-52 12-20 15c 9- St. 1 8-15 7-31 7-13 7-31 .,7-13 60c & 8-15 Louis $5 •; Co.— $1.12'A (monthly)— 10- 20c (quar.) 8- 7-16 8-16 9-15 10-' 1 8- 9-15 1 7-14 9-29 * - $20c 8-15 $40c 1 ■ 1 8- ./A 7-24 8-15 87'Ac- . 7-31 9- : 50c __ 7-31 8-15 $30c ______ (quar.) 1 1 10-15 $3c i -9-10 , 9-1 6c (initial) 7-20 I 10- $1.12 % - Ltd. 9c 9-11 9- 25c 9-29* 8-17 1 8-31 8-10 $1.18% (quar.)_^i $4.25 pfd...(quar.) 8- 1 7-20 9- 1 8-15 / 9-28 9- 1 20d 8-15 $1.Q6'A •8-15 - y 6 7-20 i 8- 50c 9-10 8-15 $5 10-10 9-20 i;; - $1.06 8- 1 7-16 (increased)—— 45c 8-1 7-2 75c 8-15 8- 40c 8- 7-15 { c , Association Light Inc, & 1 $$3 $5 -7-^37 /Consolidated ; Consolidated 6-27 Consumers • . ' 12-10 9-15 1 9- 47%C 8- 1 7- 50c 8- 1 7- —51c 8- 1 . Power, 6% 40c preferred - 55c 7- $1.50 9- 1 8-15 10c 10- 1 9-20 8-24 ;8-14 50c 8-1 7-20 ?7«Ac 8- 7-15 37%c 6-1. . . . / - . * . (quar.)———. ... • - i: 25c Co 8- 7-16 1 -7-16 ■ >■/ 50c Corp./(quar.)«: c\:35c preftrred .. 1 8- $1.25 —_.—• Corp,--(quar.)--26c : a Y., Inc. (quar.) Vulteo Aircraft 7- 8-1 f.-35c pfd. »(quar.)_ (quar.) Industries, Inc.— Edison Co. of N. Co.,- $2,50 12-15, 10- 4quar.)__—___—_________ Paper 9-10 20c Aircraft-Corp.. (quar.)__r____ Amusement.. Ltd.___-__i-.___- preferred 1- 3 9-15 37'Ac common.. (quar.)__________ ^••Consolidated.- Laundries 8- 1 $$2 t$2 (quar.) Power, 1 (Toronto)— . Class B common- •(quar.)____________—._ Consolidated Dearborn Corp. (quar.) CJonsolidated :a»13'V; "-3d7 8-1 Life Inc., ' 8-20 v:8wl$. Co v.$1.50 partic. pref. dass A , 6 .-9rl5 :At$l.50 8-10 8-10 ' 8-1 $1.06'A * (s-a) 1 $1 (s-a) River Consolidated ;9- lA'MWO . 9- 9-1 $1.25 Co. Consolidated Chemical ■ r 1 7-20 H.), 7% pfd. (accum.)- (N. preferred Consolidated . > 1 35c (quar.) (quar.)— preferred (quar.) Connohk), v ■ A"' 9-20. ; 9-17 8- $1.25 • , ___ (quar.)— preferred Connecticut A*7-14 7-31 > * 7-16 7 1 '••A- KAy; preferred A $2,'M) - " 50c Canada Malting Go^ Ltd.'(quar.) Canada 8-1 r $2.50 (s-a): Canada Cement Co.; Ltd., $1.30 pref. (quay.) A $32%c Canada &'Dominion Bugar Co., Ltd.. (quar.).,, - $25c Canada Foils; - Ltd.; oommoV_v______^ $10c 7-14 8-1^ /7-14 - 8-15 8- 10- $1 Inc. 02 7-14 35c 7-24 .7-24 37'Ac Co. 7-24 7-31 (quar.) Corp., 1 8-29 25c $1.90 7-14 25c / preferred 8- 30c Special 5 % "6-29 50c 31 'Ac 8- 7-31 (quar.) Edison Nairn Connecticut A, 25c . 3* 35c — Congoleum 7-31 ». 1* 12- $2 Quarterly 7-13 1 10- 12-18 /50c 1 Quarterly 8-10 8- 8-15 10-15 Co. System National Confederation $2.04 Refrigerating & Terminals Co.^* (quar.)_ Amusements, Ltd.— participating preferred-— 8% ' 7-14 9- 37%c (quar.)_ 7-10 Corp. Iron Concord Gas Co. ,7-14 1 15c (quar.)___, preferred Ry. Corp. Power Carbon Conduits 75c —_______ 1 Confederation ,8- 1 $20c ___" .(quar.) 6 8- Mutual 9-11 8-1. & Commonwealth . (quar.) 7- —_ Gas Water & Telephone Co.— preferred 3 1 Co.— Illuminating Pictures 7-31 r ,$20c $38c Fuel Columbus 7-20 8-15 50c Packing Corp.rrcommon (initial /iuar.) 8- 8- 50c Life Insurance Co. (s-a)_ Columbus & Southern Ohio Electric Co.— 4'A% preferred (quar.) 7-13 ; 4 37'Ac Central Columbian 7-13 '8-"l 50c $1.75' common 7-24 8-15 25c Aikman Columbia 6-29 preferred 7-24 7-31 Co.— (quar.) Columbia 8-10 7-30 Corp._u___._____ Ltd., Coal preferred & Colorado 7-19 9-10 ' (quar.) 7-24 7-31 $1 $1 Silver -Mines, Colorado 7-19 7-30 20c common______ 7-31 $1 (quar.)__________________ Corp Colonial Acceptance Corp., class A common Colonial Finance, 4%% preferred (quar.)__ Collins 1-15 8- $$3.50 i Company, Lode $3.50 9-15 2-1-52 37%c- Common; (s*a) . .7-26 1 8- 1 1 8- 3 20c 2nd Camden 8-10 .A, / 50c . 8-15 87'Ac A (quar.) preference (quar.) Cockshutt Plow Co., Ltd. (quar.) Colgate-Palmolive-Peet Co., com. 8-15 10- $1 $1.40 8-10 •- :»! 9-15 5c (quar.)i__"_,-/_„LL^i.V 7- 9-15 1 50c $1.20 8-15 $15c / $1.25 8-20 : 8-20 9-15 5c Co Cobalt ____ $1.50 $1.20 . ; : 9-Jl n .• 8-2 $30c _______ 1 1 9- 20c , / $3c ; 810- 15c Class (quar.) Land Common ~*$1 • v M.) (A. New 8-31 1 '.V 9- common 40c 20c Coast 7-9 7-14 7-20 ., $25c Cochrane-Dunlop Hardware, Ltd.— 92c common participating preferred California 9-14 v t 7-9 ... „ California 7-31 ; 8-1 Aug. (quar.)______________ participating preferred (quar.) California Electric Power Co., com. (quar.)_ $3 preferred (quar.) r . 9-28 on 8-1 v 7-14 15c RR. (monthly) convertible preferred Breweries (quar.) 4% S 9-15 $25c - Common '(monthly) 8- 1 20c Terminal $1.50 A 7-31 9-15 $1.25 _ com. 15c redemption 8-15 50c share plus this dividend. (quar.) (quar.) preferred 80c "• 30c per 1 Common 7-17 75c , . _______ Caldwell/Linen 8-15 .20%. —__ $104.50 Calaveras 12 17 Co., .common...;.— • 1 15c (quar.)____. • 8- Mahoning Electric • 1 — (quar.) preferred (quar.)— Foods, Inc., common Clinton , 8- 8- (quar.) preferred $4.50 A: $$1.50 8-1 56'Ac Common 1 > , 5c 9-15 : 50c (quar.) Machine Cleveland 8-23 , , ____ 1 50c Cleveland, Cincinnati, Chicago Ry., common (s-a)— per Jackson Co., new common (initial) Calamba Sugar Estate (liquidating) 7- 6 12-21 9- preferred & 7-31 1 10- (quar.)., preferred / Clearing » $$2.20 (quar.) 10- $1.19 RR.— Inter-Terminal Clearfield 6-29 to, 7-14 $1.04 (quar.i Cities Service Co. (quar.) City Stores Co., common (quar.) 4'A% preferred (quar.) Clayton & Lambert Mfg. Co. (quar.) 7-31 : 7-31 preferred 5% 7-20 1 (s-a) Cincinnati Milling Machine Co., com. (quar.) 4% preferred (quar.) Cincinnati-, New Orleans & Texas Pacific Ry. 8 9- 1 8- : 8-15 8-15 (accum.) 4% 8-10 ,11- 8-25 i re- $105 A -preferred <i . i 8-31 (quar.) class 4% 1 7-31 $1 (accum.)___ Cincinnati 11- 9 ... 12-1 $25C Byron, 6 S3 *:%% .preferred .i:(quar,)_^——— Atchison/Topeka.h -Santa Fe Ry. Co.— V Commonruquifr/Z— "■ 1 9* . $10c Reef Company 9-21 TCol/s-a) ■ for recently issue called for at Byers 7% 12-17 715c preferred preferred Bush 7-23 9-28 $5 .; $% 12- 5.0c Butroughs Adding Machine Co. (quar.) Butterfly Hosiery, Ltd., 7% pfd. (s-a) 7-23 12-21 — Aug. 23 at dividend) was convertible 4% 7 $1 , prior Bullock's, Inc., 7- 6 9- 1 8- above Btida 8-10 1 8- $1.12% _— ( - (quar.) ___:r' Extra ;$i ___, on plus of 6% 9-15 25c 9- 1 i 15C 'ABA 1 $1.12% _—— preferred (quar.) Associated Dry Goods Corp., > 7-10 : 7-16 8- 19c . 1947) A Fund ; 7-i« i 22'Ac S . Cincinnati Gas & Electric Co., com. 8-10 1 9- .? 7-31 i;i 50c A Products, Ltd & Paper Co., Ltd.— Buckeye Steel Castings Co., ,' V. . preferred Pulp Common 10- 4 9-17 62'Ac 4 V'2 % convertible preferred (quar.)— Arkansas Natural Gas Corp.— , (quar.) Mines, Ltd Bruck Mills, Ltd., class A (quar.) Class B (quar.) Buckeye Incubator, common_______ 5 1 8- 50c . I 1 7- 8- a25% - (increased)—- Ltd., 1 9- $1.25 (entire issue called this 2 8-16 : 9-1 +56'Ac (quar.) preferred (s-a) Corp., 8- 8-25 1 7-10 ' 8-15 15c - of class Cincinnati 9-12 70c Forest Columbia Entire ' Common Oil $2.75 preference 5% 8-15 9-20 10- +15c ________ ... common 11- 75c *45c ' Stock 1 preferred 4 % % preferred (qiiar.)__________________ 4.50 % preferred (quar.) Argus 1 25c (initial)u.-—$1.25/ Columbia Broulan 9-25 Trap Co. of America, com. (quar.)_ preferred fquar.) ________________— Appalachian Electric Power— Argo 10- (initial) -Trust Corp. 9-12 18c Estate -45c — 7-20 1 , 37'Ac ; Chicago, Wilmington & Franklin .A/. Quarterly Chile Copper Co 7-20 8-1 10- 25c Brown Shoe Co.— 7-20 8-1 5% m.. 9- 25c Animal 6% 6 '7-20 1 $1.25 Mills, 8-1 $1 1 ; . . $1.12% (quar.) (series $2 7-20 . 1 8- •, 35c 88- 15c.; (quar.) I 7-31 15c preferred preferred Chicago & Eastern Illinois 8-17 87%c Broadway-Hale Stores Inc. (quar.) Brooklyn Union Gas Co., com. (increased). 7-20 8- 31'Ac Anglo-Lautaro Nitrate, class A (initial) Anheuser-Busch, Inc. (quar.)__ —_______ v 7- 1 (quar.)_____. Cotton 1 1 68%c 6% "A/AA/A (quar.) i__v >' <f% % ./preferred (quar. i Ar.glo-Iranian Oil Co., Ltd.— Arcade 8- $1.25 * Co.— Class A - 9- 8- $1 •' 1 Bank $2 20c common 1 ,9- 9- 75c National Chicago 7-lQ $1. 2 8- 9-29 . Corp. of Virginia cnesapeake & Ohio Ry. 3'A% conv. preferred (quar.) 8-21 7-31 25c changed Alaska-Pino & Cellulose, Ltd. British Columbia Telephone Co.— 8-3 50c preferred vy;;Ordinary, (interim) 9-4 > 7- 8-31 Chesapeake 6-25 of America— ,____ ! 25c _ Corp., common convertible- preferred (quar.) 4% ■; 25c (quar.)^ share ' Anglo-Canadian Pulp & Paper Mills Ltd.—_ Anglo-Canadian Telephone Co.— V ■ ;■ 8-15 25c Investment 4% 7-20 i 1 ;25c 5% 7-12 1 ' RR., (quar.) ; 7-20 ; , (accum.) com. .9-5 .7-31 4 ^ (N. Y.) (quar.) Steel Products, Ltd., common.. preferred (s-a) Cherry-Burrell Corp., common. 8-24 1 preferred Name 9-10 7-31 40c ■'■■A. — preferred Copper "9-10 8- (quar.)_______ 6 9-20 ; > Chatco 7-20 7-25 8- (quar.) 8- „ k .$1.25 (quar.) preferred Chase 7-20 7-31 15c (quar.) redemption 1 A'; 7" 6 8-31 $1.75 __ — , common. ___ prior $5 • 7-31 25c (quar.) 1 50c Chain Store Real Estate Trust (Mass.)— 7-17 8-15 $12%c 7% 1 50c common 9- ' 6 Quarterly $62%c / preferred Store 4'A% r 7-16 8-7 Woven Hose & Rubber Co. British .! 9-15 1 50c iquar.)____^. 9- 1 12- 1 9-20 $1.25 'accum.) American Zinc, Dead & Smelting Co.— / Common (quar.) •••.. 9-29 6 8- . 4% pfd. (quar.): (quar.) Service, common... 4.75% Chain 8- (special) 4.15% 7-13 9-15 > ■- Light Co Corp., (quar.) 7-31 9-29 6 1 20c . Central & South West Corp. Central Vermont Public 7-23 7-19 Co., Inc. & Light, 8- 1 / quar.) 9-9 1 12%c (initial Paper 1 8- preferred Power 9 1 9- A/. Co., Central 9 7- 99- f; r-: (monthly) preference Electric Central 8- 8- convertible Louisiana 4%% ; I 59c ; • , 8-9 7-31 $1.50 _______ 7-20 » 12- preferred British ' 30c common $1.50 Central ; 7- 7-31 27'Ac . 1 7-20 7-31 < 20c Corp; .(quar.) Central-Illinois Securities;: Corp.— ; $1.40 convertible preference (quar.): ' 8-15 9-1 com..(quar.) __________________. Building 7-20 8-10 . 25c 8-15 7-31 25c „ Central Hudson Gas & Electric 8-31 8- $1.05 _u,__ 1 8-10 <(quar.)_________________ ,62'Ac. Hollywood Monthly Monthly 7-24 9- 8-10 * 75c preferred Central '8-31 8-15 25c 30c (quar.)__ (quar.), 8-15 1 common Cold-Storage Co. (quar.) Central Electric & Gas Co. (quar.)_ Central Foundry, 5% ; preferred 7-24 3 10- Co., :(quar.) oCentral ,i 7-20 9-15 Company. Ltd., class A (quar.) Brantford Roofing Co., Ltd., class A (quar.) Class A (quar.) Class B (quar.)—— 8-21 12c 8- ' 15c Bowes 7-20 t$1.12'A (quar.) $$1,12'/a / Tractor preferred $2.50 > . 7-20 " 10- 1/ 15c Inc Inc., : 1 50c (quar.) 5-29 $2.36 9-11 ' 9-1 5% Bourjols, ' • . ' ' 8- 1 ■7-13 \ ____________ 8-15 . 1, / '8- 3 35c : 7-2'* 17 3/10c -Central Arizona Light & Power, $1.10 preferred (quar.) 1 "(Brooklyn, (quar.)____ Maine Real Boston J.)— - 45c ■' 5% New Boston 7-13* — Viscose New 1 — non-cum. 5% 7-13* 8- American 5% 7-10* 1 & : • 9- 15c Common 8-31 7-31 8- President American Boston ■: " , ' 10c > Interest Co. Fund, ' 3 A 40c Lines, Ltd.— preferred (quar.) Smelting & Refining Co.— Common (increased) AAA 8- v 'quar.) Power - '9-21 . " (quar.) Edison Boston 7-20 A 50c N. common .__ 1 8-21 $10c (quar.)__ —; Corp., : 8-10 , 81'Ac common Corp., preferred Boston - — Co., 3%% 9-14 : 10c $1.25 American ■J'-lt American 8- Mills " i held.__— preferred Boott , 7-27 50c (quar.) beneficial Borg-Warner 7-20 8-15 50c _ (quar.) American Metal Co.. Ltd., 4%% pfd. Mutual Fund, Inc..—— Gas 75c 75c (quar.) Natural 7-30 5c American American 3-14 ;Av. , . (Newark, com. 4% 9-14 12-14 • 20c (quar.) 8-15 4.20% preferred, (quar.) Celotex Corp., common (quar.) 5%- preferred (quar.) 7-26 1 1 (quar.)__ (Sidney) & Co. Company, class A of 8- 1 ? 5% receipts class A Corporation fquar.) (A. M.) & Company (quar.) Castle 8-31 * 8-17 $$1.50 " "" >9-14 . (stock dividend) Caterpillar 8- ________________ Co Fisheries 7-19 $3 Investment Trust Units 9-6 8- (quar.)— share 1 preferred Ltd.— American deposit 7-24 7-31 32%c (quar.) Stores, Electric Ami Booth Y.)— —i ——J.——— i American-Marietta 1 4-1-52 50c —— American 10- 1-2-52 $1.75 . Steamship (quar.)— Hide & Leather (year-end) Home Products (monthly)— American 5% $1.75 $1.75 Co. Bon Bond 10- $1.18% Blumenthal 8-15 8-15 A Shoe , 3 8- (quar.)_ (E. W.) Company (quar.) Ribbon, Ltd., 5%\preferred (quar.) Blue Ridge Corp. (stock dividend)— One share of Ridge Realization Corp for 7-20 8-20 Hawaiian American 1 1 8- \ $1.50 Co. (quar.) 'National Bank Company each 4c preferred—.. Co. (quar.) American American 9- 10-19 75c Blue 7-16/ 8- ' Bliss 8-15 $I preferied non-cumulative : 8 ... , preferred non-cumulative " 7-17 ::AA _ 7% 8-10 7-31 + 7-20 1 (s-a) preferred & Birtman 1 1 9- $1.25' — 7% 6% 5 1 (quar.) common (s-a)— Berland 9- 8- 1 $75c Watch Y.) Best 9-10 Louis) Co. Business \ 9- r 50c American American - N. 8- 15c Benrus 8-15 1 8- 11- Carreras, 5c f / Loan Bensonhurst 8-15 9-10 87'Ac (St. preferred ■> Carpenter Steel Co. ' Corp., common $3.25 preferred (quar.) — A: 7-20 10- 12 %c (quar.) Insurance $6 7-10 7-10 ""■"- ~ common 7-27 9-17 1 7-31 . 7-31 1 Works / 8- $1 5c ______ Iron 10-15 50c $i Ltd.— Mfg. 8-15 jioc (quar.) ' ; Beneficial Corp., A 7-25 : 9-10 50c 93 %C Amalgamated American 5 12-20 8-15 8- 75c (quar.)—.. Airlines, $3.50 pfd. 1 25c ___ Aluminum American 7-1.6 $3 V 1-2-52 14c 8-17 $3.30 Co America, preferred 7-31 Belmont 8-22 Beneficial (s-a)— _ 9- 1 «Ss $$1.25 . (quar.) (quar.) ; Quarterly Quarterly (quar.)___; com. convertible . (quar.) ___/ Mines, Ltd. (s-a)______ ■>: Quebec Co., convertible preferred (quar.)—$$1.75 Belknap Hardware * 6-15 9-15 15c Belleterre pfd. Lumber__ Western Power & Light Carpenter Paper Co. 4% ' Belding Heminway Co. 12-15 9- ; Corp.r (quar.")_____ . 9-28 4% 10c (quar.) preferred 6-29 10-15 $$1.12'A 5% 8-17 ~$62%c - ; common 1 8-17 , Corp., 6-22 8- 7-31 10c ____, Shoe Aircraft 7% - $3 prior pfd. preferred "(quar.) . 12-15 6-30-52 A . Aluminum 12-15 40c ( Co. (Irreg.) Company (quar.)— ; 10-22 1-3-52 $3.50 Steel S.) ii-1 $2 • * 1 1 9- $i (quar.)_ preferred 8-30 Canadian 7-14 8- a2% (quar.) Ltd., Carolina ' 11-24 8-15 $75c 8-15 $1.25 Apts., S.) 7-20 Co. " Belding-Corticelll, Lt^., 7-23 87'Ac ________________ (A. (A. Beech 10-22 1-3-52 Allegheny & Western Ry. Co.— A"; Guaranteed common (s-a) Alloy 1st 4%% >7t23 1 8-1 50% A 1-3-52 ___ Gas Corp., common—A———2 $3.50 prior preferied (quar.)_ —; Alberene Stone Corp. <Va.) Aloe 11- $3.50 _______ (s-a) $6 Beck 9-10 8- 1 . 25c t Alabama Allied 1 250 .:>/} (s-a preferred ^ • ' 25c A 25c — — preferred 1 8- 10- -r 7-20. 7rl4 7-19 7-31 Carrier (monthly), Corp. Beau-Arts ; 7-20 1 7-30 (quar.) " (quar.)——._—i 4quar.)l.JP B Alabama x*., A 25c — preferred (s-a)^_——— Alabama By-Products,- class A (quar.) -V ' Class A (quar.) ^ B, 8- \ - .$2.50 , 6% Class .• ' ( , Baystate 8- 4'A% preferred Canadian Utilities 12-15 $25c Ltd— 58c i. Mortgage Guaranty Li: 1 Bathurst Power & Paper, Class A/(quar.); . Stock - shares Co. of Canada, Ltd. (quar.) Manufacturing Co., common preferred 8-15 Co.— i Basin Oil of California—; Common (monthly) , - & 9- 8-25 15c (quar.)_____ American RR. 7-14 $1.12% (quar.) Bond Barcalo 9-10 50c Corp. 8-1 Cos., 7-16 9-15" $15c :____ Canada, Ltd Barber-Ellis 9-10 __________ Andes, Aroostook America $4 1 $30c ___ Corp. /:< quar.)• Holdera Payable of Rec. 112 Vic eom. A A(quar. class Adams-Millis . . Ltd., & preferred of ..... Los 7-13 12'Ac (quar.) of Baldwin-Lima-Hamilton given in the When Fund 1 15c (quar.)- common preferred 8- Oil 6-29 1 8- J25c Canadian Canadian Pacific Ry., common (irreg.) 4% non-cumulative preference (s-a) Canadian Refractories, Ltd.— 20c 7-31 $7c 8c —— 11-14 $20c 8-31 1 7-31 12-14 $25c 7-20 56'Ac ' Mutual Quarterly 7-31 8-22 i85c (quar.) 7-20 I $1.13 Inc._ 9-10 9-10 8-22 $25c 1 15c (monthly) 1 1 $20c com 1 30c Co prior Lamp, Ltd. 1010- (quar.) 9-20 L — 10c 5% 8- 8- 7-10 $50c Motor 8-10 15c 7-10 1 $47'Ac com. Dredge & Dock Co., Ltd., Industries, Ltd., common Investment Fund, Ltd Canadian 7-16 1 6-30 1 8- . r Canadian 1 9- 1 8- _! Canadian 8- (quar.) common preferred De Canadian $$1.37% (irreg.) . quarterly 8c Axelson Bangor 7-5 8 $5c (quar.) common Axe-Houghton Fund B, Banco 7-20 preferred—___; 8-16 D. -1 8-1 $1 ; — common 7-11 V. 7-18 i Corp., 9-21 4'/a% 1 8- $31c $$1.25 common.. Extra Canadian Car & Foundry, Ltd, Convertible class A (quar.) 8- A "(quar.)— pref. 1 L Sugar Refineries, Co., 8-31 B. Increased 7-5 37'/ac $12%c ;___ Bronze Co., Ltd., preferred (quar.) Canadian Canner3, Ltd. 8 15 8-1 (monthly) Mfg. 9-12 93%c Ltd. prior Mills, 8- 5c Per •A Acadia-Atlantic. pfd. convertible 9- week, these being ..'1, & conv. 8-31 $1.25 — Holdera Payable of Rec, Co.,- Ltd.— 5% Proprietary, Ltd.— Manufacturing 9-14 1 we announced 7-5 $25c Mines, Nichols $1.20 Avco give the dividends announced in previoua and not yet paid. The list does not include divi¬ weeks 8-1 A When Share , Cordage (quar.) Canadian 7-5 (quar.) (quar.) preferred (quar.)— Balanced Below Class 7-5 8-1 $l RR B 10c — 7-5 8-1 Ltd Wiborg 5'/a% 8-31 : $1.40 _ Inc _ Steels, & Aunor. Gold 3 8- 9-15 $1.25 (quar.)—___■_—. 8-1 $1 Co. Corp. Co.,4% Powder Ault 9-28 Line preferred Plywood Atlas 7-25 9-28 — Gold "Fields, Worsted 7-25 8-15 9- (quar.)— common Atlas 30c . (quar.)__ Atlas 8-15 , 50c (quar.) _____ Woodall 7 7-30 8- 30c „• Power 1 8-14 31'Ac (quar.)——— Electric 9- 15c- (quar.) common A 95c _ 1 Company Western $1 ? — per Name of $1.08% (quar.) i preferred (quar.) preferred (quar.)__ 50c New common (initial quar.)————— Westinghouse Electric Corp., common——_ 3.80% preferred B (quar.)—_ White (S. S.) Dental Mfg. (quar.) White's Auto Stores, Inc., ccm. (quar.) Holdera Payable of Reo. Canada (quar.) preferred 4% $7 RR.— 1st When Share Atlantic City Electric Co.— 50c Maryland Western Per Name of Company 6 50c .____ 8-24 47 (quar.)__i_ ■' -: • 1 • 7-8 - -9- 1 - -'-8-15 • 9- 2 ' : : : 8-18 8-24^) 8-14 .62%c iV;9-15": 18-^1 .t'M The Commercial and Financial Chronicle 48 . . Monday, July 30, 1951 . (404) ' Share 25c $37 4c of Company (quar.) Pa.) (Reading, Gas Consumers Glass Co.. Ltd.__— Continental Air Lines, Inc Consumers Quarterly Corp. 4% preferred 20c Y.)— (N. Fibre Continental-Diamond Co 9-10 1 $ 1.25 25c 1 1 Imperial Mills, Ltd ' $30c Coughlin (B. J.) Co., Ltd.——$20c Courtaulds, Ltd, (final)—— —— *6 14 % 7-31 7-16 2 6-21 5c $50c $1.05 12-1 11-15 $$2 $1 $2 12- 3 9-14 8-31 9-29 9-17 11.73 87V2C $1.1214 9-28 9-14 class Blackwell. & Zellerbach Crown (quar,)-———— $4.20 pfd. (quar.) A Ltd. Crown Cork & Seal, A—— Corp., Crows Nest Pass Coal Co., Ltd. (s-a)-_.. Crystal Oil Refining Corp., $6 pfd. (accum.) Crum Si Forster, 3% preferred (quar.) Cuban-American Sugar $2 class Dallas Railway & Terminal, 7% Daystrom, Inc. (quar.)— Deep Rock Oil Corp. (quar.) Delaware Power & Light Co. (quar.)— Mfg. Voting 25c 50c — 30c (quar.) $2c 30c 30c $2 Ltd.- Mines, Dennison (quar.) common preferred (quar.) 5% preferred Davenport Water, Delnite 60c 60o 35c $1.75 $1.25 (quar.) A Co., 7-20 8-15 11- A common (quar.) (quar.) Stock (quar.) common — convertible CCc 1 9- 5 12-28 414% 9-15 9-28 12- 8 10- Foster Bond 7-17 Income 7-17 The 1 7-11 ported 8-15 7-27 Common 6 9-21 9- 7-3 10- dividend above was week a last as incorrectly payment 414% 8-15 7-23 7-23 $2.20 Grain Froedtert 8-15 Fuller Brush (quar.) class A Co., 7-23 8-14 Fullerton Derby Oil Co. (Kansas) (quar.)——— Detroit-Michigan Stove Co.— 25c 9-14 0- 5 Fulton Industrial Securities Corp,, (quar.)——— 5% preferred (quar.) —Di Giorgio Fruit Corp., class A-—.——— 50c 50c preferred 5% MatchTco.,'"common Diamond 3714c $1 $1 —— Dictaphone Corp., common (increased)--— 4% preferred (quar.)—— Diocesan Investment Trust Shares (Boston)— Divco Dividend Dixie Inc Shares, Remainder called on at $45 plus this dividend) also Dobbs 1 Aug. Monthly & Anglo 7-15 8-31 8-15 9-20 9-35 t$1.25 $40c $20c $37 Vic $25c preferred (quar.)— Dominion Bridge Co., Ltd. (quar.) Dominion Fabrics, Ltd., com. (quar.)——- (quar.)— pref. conv. (quar.)— Co., Ltd., com. Dominion Malting - $$1.25 preferred (quar.)— ——: Oilcloth & Linoleum Co., Ltd.— ■■■ Quarterly AA $40c —— Investments, (quar.)—— preferred 8-15 8- 8-15 7- $62Vic. $12 Vic -— 6% 8-24 7-31 General 8- 7-16 General 7- « A- 1 7- 6 7-31 ■ 1 8-17 8- 1 11- 1 25c $15c .» $12 Vic $50c Douglas Aircraft Co. (quar.)— 75c Dooohue Brothers, Ltd. (quar.), $25c Dow Drug Co., 7% preferred (quar.) $1.75 Dravo Corporation, common (quar.)——— 35c 4% pref. (quar.) A, 50c Dryden Paper Co., Ltd. (quar.)— $40c Ducommun Metals & Supply Co —.-AA 20c 10- 1 — —— — (quar.) —; Co., Ltd. (quar.) Dominion Woolens St Worsteds, Ltd Donnacona Paper Co., Ltd. (s-a) $1 preference Textile Dominion — _ — Dun St Bradstreet, Inc., (quar.) common : 30c $1.12 Vb _-. •a 4 Vi % preferred (quar.) Dunham (C. A.) Company 5% preferred Dupuis East Freres, Sullivan Eastern A $1.25 $1.25 - - Corporation Eastern '•9- 5 8-1 7-18 10-1 8-31 1 8-22 8- 9- 1 8-15 1 <9-20 10- 8-15 8- 1 8- 1 9-20 5 5 pfd. 11-23 (Bangor, $30c $25c 25c (quar.) Me.) , 6% Industries, 8-15 7-31 8-15 7-16 1 8-15 9-10 8-24 9- $5 preferred beneficial Products Co., Increased 8-15 9-10 8- 1 7-16 $1.1214 8- 1 7-16 25c 25c Co National Watch Co. (quar.) Empire Brass Mfg. Co., Ltd.— 5% preferred (quar.) — Empire District Electric Co.— 5% preferred (quar.) Empire Millwork Corp. (quar.)-— Employers Group Associates (quar.) Elgin Derrick EmscO & Equipment Co. Erie Forge Erie Railroad Co., 15c A — 5% Mills, 5% Inc., preferred A common (quar.)— (quar.)_„ Steel Wares. Ltd., common Shoe Corp., dividend (Houston) Ins. Quarterly West Coal Co., B ! (H. L.) Greene 7-17 Greer 9- 1 5% (quar.)— 7-31 Cananea A" 5% 1 8-30 7-13 8- 7-18 Gulf Mobile & Ohio RR., common (quar.) preferred (quar.)— $5 preferred (quar.). $5 preferred (quar.) Common (quar.)— 6-29 8-10 9 $5 preferred (quar.) Public Service Co. j* 25c 10- 1 9-17 $1.75 8- 1 6-28 ^ Grain, Ltd., Federal Insurance Quarterly $1.40 Co. pref. (quar.) 9-11 Hagerstown 8-15 8- 1 Halliburton Oil Well 8- 7-14 Hallnor (s-a) (quar.) 10c 7-30 7-19 8-15 8-10 $35c 8- 1 7-18 45c 10- 1 9-20 $$1 . 7-19 Gas 7-12 8-10 8- 7-19 7-14 $1 37'4c 9- 8-10 9- 8-10 75c 9-10 8-30 5814 c 9-10 8-30 ,^15c 9-10 $$1 9-10 . 8-31 8-10 r 1 7-20 8- 50c 9-12 9-30 9-19 12-30 12-19 $1.25 9- $1 8- 1 ■V 7-20 8- 1 6-29 8- 1 6-29 .,a: 7-25 8-20 45c $1 8- 1 7-16 25c 8- 1 7-20 A '■'■/:.• At" 1 y ■ - Eeries (s-a)__ A 8- a 9- $3, 8- 7-10 8- ^7-10 Cotton Cementing Co. 5314c"' 8- Trust . 7-20 / 8-24 . 8-27 11-26 8-27 11-26 8-27 11-26 Harnischfeger 5% Corp., preferred (2nd (Denver). (quar.) (quar.) — common issue) / - 9- 20c , Telephone— 9- 1 A, 9- 1 A 25c 7-31 A A A 50c K 8- 1 $25CA $2dc ; 9-1 20c 6-29 8- 8- 1 8-15 " 1:, 10c f 7-16 9-10 15c • 8-20/ 18-20 • 35c' a (quar.) Bond Group Shares— ana (15c from net income ; 8-22 . , "7-14 A 7-14 «• Interchemical 414 % se- International • ■ , /' 8-31., 7-31 8- v 40c 7-20 1 7-20 $1.1214,,. •A8- 1A preferred "(quar.)____ Interlake Iron : ■ A 25c -AAA commoh__L_______ Corp., 7-31'v,6t29 -■"/A'"'"; '//AAA*-- 10c from and curity profits (quar,) > ; , 6-19 • $3714 c • •'••• :•«•■?-, •■'..>/ ' • 1 7-20 1 Group Shares (114c from ordi..A income and 244c from realized se■'■'•• A VAA curity profits )A'(8-a)_^i_i_A_______AA_Al/;v'',!'/ A 4c Stock A, 9-10 8- 8- nary ■ - ■ 9-10 9- 1 AA Ltd.— - . 1* * 8-10 A A $1.50 - Shares, Ltd.— 1 10-. 1 (quar.)_; ' 8- 10-. 1 3c;; 7-10 7-10, Insurance A Corp.___A-^—;-----*-'—— Business Machines Corp. •-International /aa; $1 a 9-10 A , ■ 9-14* -9-28 25c -A - (quar.) Cellucotton Products Co.— < 7% 8- Packers, International Utilities Intertype 5 Corp. 8-17 -4:, , 8- 4 i 7-3 1, 7- convertible preferred (quar.). Investors Trust Co. (Rhode Island) 8- 30c 9- 3 7-31 8-10 8-10* 1 50C 9-14 8-31 $50c 10-15 9-15 10-15 9-15 8- 1 A 7-19 (quar.) 37140 8- 1 7-19 (quar.)___ 3714c 11- 1 10-19 25c preferred 11- 1 10-19 25c Participating $2.50 preferred Participating Service , , 5 1 9- 1 8-15 3.75% preferred (quar.) 931ic 9- 1 8-15 3.90% I preferred (quar. 9714 c 9- J 8-15 4.20% preferred (quar.A^ $1.05 9- 1 8-15 30c 9- 1 8-10 7-31 7-16 Iowa Public 8- 7-27 Iron 9- Ironrite, 6 »- 1 12- 1 Fireman Island 5% Mfg. Inc., Jacksonville 7-31 Jacobs (quar.) preferred 55c conv. participating Gas (F. L.) preferred 5% Knitting Mills, 9-10 8-31 9- 1 7-30 8-15; Jersey 8-1 8-1 10- I 7-18 9-25 Johnson Oil Refining Co. 9-29 9-10 Johnson 4% , 7-16 12- 10- 1 9- 1 12- 1 8- 1 preferred common 8 3-11 Kaiser 1 7-16 9-10 8-24 9- 1 9- 1 8-10 8-15 11-15 7-31 6-30 20c $1.25 10- 1 10- 1 9-19 & Chemical dividend (quar.) Corp. 7-18 1 8- 1 8- 1 8- 1 10- 1 9-29 2c 8- 1 7-20 Power Common (quar.) 8- 3 Common 5 5% Gold 1 10-20 1 10-20 8-31 8-14 8-31 8-14 9-1 8-15 95c 9- I 8-15 8714c 10- 1 9-15 3214 c Mines, Keyes Fibre Co., class A_ —____ , ' $1 (interim) __ — 20c 7-31 7- 3 $1.25 7-31 7- 3 3714c 10-15 10- 8 1-15-52 1- 8 3714c 4-15-52 ——A-- Ltd. 7-20 3714C —— preferred (s-a)—— Kerr-Addison 1 & (quar.) 11- 8- 1111- 10% —: Light $4 preferred (quar.)_. : $3.80* preferred (quar.)— Kellogg Company, 314% preferred (quar.)__ Kellogg Switchboard & Supply Co., coin.__ 5% preferred (quar.) Kentucky Stone Co.', common (quar.) City 8-10 9-19 1; 8- 3c Aluminum Stock Kansas 1 7-10 8- $1 2C Extra 9-15 8- 7-14 1 3c Quarteriy5 6-10 11- 1 8- 20c Inc., 8- 87J4c (quar.) C (quar.) Co., 8-25 93 %C (quar.) Johnson, 4% 2nd pfd. 2nd preferred B (quar.) Royalty A 7-15 $25c Ltd & Ranch 7-13 1 8-31 8- $1 Canada, 8 9-10 12- 314% 3%% Co., 7-25 7-31 20c Central Power & Light— preferred (quar.) Tea 8-15 $1.25 — Johnson 8-17 35c 62 J/2C (quar.) (quar.) common preferred A (quar.) Jantzen Knitting Mills of 1 9- $25c (s-a) (quar.) preferred 5% 7-20 13 %c (quar.) Ltd.— Corp. Co., 30c (qimr.) common Co. Tug & Barge, 7-31 1 Co., 4- 8 $1.25 1-15-52 $20c ,75c ... 9-28 8- 1- 8 8-31 1 7-11 * Keystone Pipe & Supply Co., 5% pfd. (s-a) . 7-16 $75c 6% $2.50 9-20 8-15 t$1.75.' t8%C ; "• AAA/-." 1 .9- 1; A,$75c A -: (quar.) (quar.) _) — Ltd., com. (increased) Corp. ♦. 30c Investment Foundation, 6 9- (quar.) Ltd._-_ preferred ($5 par) $1:75A . . 10-' 75c Co., 7% pfd. (quar.) Holdings, Ltd.-________: Nickel_ Co. of Canada, Ltd.— 7% ipref^rred ($100 par) -(■quar.)A«iiiA--i.:; 8-25 11-26 4c — 8-20 $1.25 International Harvester $$1.25 $$1.25 — ,8- 40c $1.0614 (quar.-)iAui0AA__L_.i Brownhoist, Corp. Institutional 8-15 , (quar.)i B. (quar.)___*__ A Products Co. '_i A. Extra Jantzen 6214c Co., Shares Steel Industrial 8-15 . A * . International . ( 20c (quar.) International $6c $35c (quar.)_ ; Ltd., common 5% preferred (quar.)— 5% preferred (quar.)— — Hamilton Co. ___A___; (quar. Indiana Gas & Water .Co.__^l'__il_'___ 7-16 8-24 10- 1 10- 1 $40c $40c 1714c — : RR. ' 55c •A- 5lc (quar.) common Associated Indiana 1 $25c (accum.) preferred 7-10 9-10 20c (initial) Co. Ltd Mines, Hamilton 7-30 7-23 1 89- Quarterly 12-23 9-29 12-28 $1.25 3-31-52 $1.25 6-30-52 (quar.A ; 1 25c A- $2 8-15 12-10 9-15 12-15 50c —; 30c Federal Fire Insurance Co. of Canada Federal Quarterly 68c — 8-15 ; 8- (quar.)_ 8-15 Gypsum Lime & Alabastine of Canada, Ltd.—■ . ^Indiana 6 7-16 7-28 * 7-16 $1.25 $1.25 . (quar.) .(quar.) / 8-15 35c 4% preference (quar.) j Imperial Varnish & Color, Ltd., common____ $1.50 conV. partic. preferred (quar.)____ Incorporated Investors 6-29 9-5 A 50c .———;—- A Gulf Corp. 7- 8- 25c 6214 c (quar.) 6 7-6 / 30c Ingersoll-Rand Co.!' (increased Inglewood Gasoline A Imperial Tobacco Co. of Canada, 8-31 7-13 7-38 Extra 8- , conv. Co. preferred 8- 1 9- 1 8- common Co., preferred Jewel 7-20 Co. 7- $1.25 Indianapolis Water Co., class A 1 1 8- 9-10 12-10 9-10 12-10 conv. 1 Fate-Root-Heath 8- 3714c pfd. (quar.) (quar.)___ $4 preferred' 10-1 7-13 5% 1 (quar.) 7-20 25c - 50c — 8- pfd. 8- $1.06 J/4 10c 3114c Co.—_____. Hydraulic, common (quar.) convertible preferred (quar.) 8- Farrington Mfg. 7-20 3114c (quar.)___ (quar.) Zinc 25c (initial)— 8-30 10- 7-20 8- $25c pfd. Terminal 'Illinois 50c common Copper - preferred (quar.) 3714c Griess-Pfleger Tanning (quar.) —50c Griggs Cooper, 5% 1st preferred (quar.) $1.25 $0.185625 7-16 8- 30C preferred 4.26 c/o 7- 9 8- 8-15 (quar.) Power, 25c (quar.) Co.,'5Vi% 7-16 $1.25 RR. Power 4.08% 7-10* $1214c 35c preferred Central 7-31 40c ——— common (quar.)—■ Co., non-cum. Illinois Griesdieck Western BreVery 11- 6% • 7-31 40c $ 1214 c (quar.) 6-30 1 Hlinoi$ 7-10* 9-14 9-10 12-10 8-15 7-25 12- 3 8- com." (reduced) common International 7-31 $1.25 ... preferred 11-12 "■'■'•A A $2 8-1 1 10-16 15c 4% -preferred(quar.) Illinois Brick Co. (quar.) 11-12 8- 1 8- 1 9- 1 ■' 25c75c Ltd,, class A Co.. Inc. Mountain Green 7-16 9- 9-18 ' $10c (s-a) Power 9-15 $50c — Class 7-31 $1.25 8-21 9-28 8- Securities, com. (quar.) B ——■ $1.25 50c' _ Idaho r 100% ——— — Southern Life 7-31 1 Electric . preferred preferred 9-15 $2.50 8-17 8-31 $1.50 Y.) (N. Stores Corp., Preferred ;v , . 8-24 i $15c (quar.) Hydraulic Press Brick, $6 pfd. 7-16 (quar.) Co. $5 Coe & Gregg, 7% pfd. Falstaff Brewing Corp.— Fedders-Quigan 6% 25c 65c Faber, 4Vi % 8-15 1 8-10 " ' 10-26 r $1.25 (quar. Co. Hydro 8-15 8-15 9-26 30c 50c Corp.—— 15c __ Hardart 8-15 a 6-29 $2 preferred.— (quar.) $5 preferred A (quar.) Esmond 1 Company— $5 preferred A Eversharp, Utilities * 8-10 9-. 20c (quar.)_ common 9-17 $1 8-1 $1.37 Va 8r 1 $1.50 VfA8-.;,l $35c — 2nd < Green 9- 1 9-10 20c preferred (quar.) 6% preferred (quar.)._ 7-17 8-15 A 8-15 25c preferred (quar.) —_—-— Goodyear Tire & Rubber Co.. of Canada, Ltd. 4% preferred (quar.) Gotham,. Hosiery- Co. (quar.) Gould"Natlonal Batteries^ Inc. (quar.) .... Grace National Bank (N. Y.) (s-a)——... Grace (W. R.) & Company " 30c (quar.) Heating Products, Ltd. (quar.) Smith Co. (s-a) Equity Corp., common 1 $2 conv. preferred (quar.) (initial) - - a $1.25 Enamel & A 1- 1 9- 5% preferred Great Eppens, Class 8- 9- Hussmann Refrigerator (quar.) Hutting Sash & Door Co., common • » 9-28 8-31 8-25 - preferred conv. preferred •' 4'A% 10-15 9-20 !> 9-25 aa"aaa.v':a . Boat 9-14 35c (quar.)__ ; Elastic Stop Nut Corp. of America— Electric 7-20 1 17c preferred 414% 8-17 10- 100% 17c (quar.) common Corp.— , $1.50 $27Vic $40c * 1 7-20 8-10 *' " : 8-30 $1.25 Ekco — 9-20 7-16 (accum.)_ interest Trust, 7-13 8- 1 8-1 15c 8-1 Ltd Ecuardorian Corp., Ltd. (stock dividend)— Edgewater Steel Co. (monthly) Monthly ; Investment c 50c' 414% preferred (quar.) Hublnger Company (quar.) Hudson Bay Mining & Smelting Co., Ltd.— Quarterly 7-13 7-10 Great 7-16 9-4 Sugar Associates— Economic J 25c 87 J/2 p " (monthly) Co. 414% preferred (quar. Howe Sound Co., common A7-/9v' 8-17 preferred A '(quar.).—. preferred B (accum.) 6% Eastern 9-15 ; preferred A ■ Howard 8- 1 9-10 8-1 9-18 (s-a)_„. & , 7-16 15c $1.50 $1.50 preferred 1 8- 1 (quar.) $1.50 6% (quar.) v $1.50 8% preferred class A (quar.) $2 8% preferred class A (quar.)_— $2 8% preferred class B (quar.) ——$2 8% preferred class B (quar.) $2 Grafton & Co., Ltd., class A (quar.) $25c Class A (quar.)— : A $25c Grand Union Co., common (quar.)— 25c Grant (W. T.) Company, common — 3714c 314% preferred (quar.) 93%c Grayson-Robinson Stores, Inc.— . $2.25 preferred (quar.)———A — 5614c Great Lakes Dredge & Dock Co. (quar.)_— v 25c Great Lakes Engineering Works (quar.) A 15c Eastern Massachusetts Street Ry.— .6% 9-1 8-15 $5 8-23; 9- 12- ; 31c (Joseph) Co._ Houston Lighting & Pov/er, 7-16 8- 7-25 40c conv. ■'Illinois Refractories Stock 8-17 8-28 8- ,, 7-16 -9-10* 8-31 * Home 7-16 — 6-30* 8-1 7-25 ;io-25 20c Sugar 6% 50c —— 3 9-21 10- 8-15 -A: common.-—A preferred (quar.) Horder's, Inc. (quar.)__ A.--/ (George A.) & Co., common — 9- 1 10- 1 A — (quar.) Corp., 7-20 7-18 6214c 7-31/, 7-16 8714c .,,1'7-31 y. 7-17 General $25c A*. 8-15 7- 3 5% preferred (quar.) $$1.25 8- 1 7-20 General Waterworks Corp., 5.10% pfd. (quar.) $1.2714 8- 1, 7-20 5% preferred (quar.) $1.25 8- 1 11-26 Gerrard (S. A.). Cc„ 5% preferredv(s-a)_— A , 25c 11-30 7-2 $5 preference (quar.) —i.—•. (-i $125 8-1 7-20 Giddlngs & Lewis Machine Tool Co.— ;; 10c - 7-31 7-16 Glatfelter-(P. H.) Co., common—. 25c 8-1 4J/2% preferred (quar.)—' —„_.A 56J/iC .8- 1 % 7-16 Glo'oe & Republic Insurance Co. of America— ' ,A:- A A 7-20 Semi-annual A 40c ; 8- 1 , 7-20 Godman (H.' C.) Company——1— 15c . r 8- 1 Goodall Rubber Co. (quar.)_— 15c 8-15 a 8- 1 v 8-15 Goodall-Sanford, Inc., 4% pfd. (quar.)_— AA $1 9-1' 8-15 Goodyear Tire & Rubber, new com. (initial)' 75c 9-15 1 5% Ltd., 4.80% Mines, Ltd dividend Stock 10- 8-15 93%c. $1.25 , 7-16 ' A 53140,' '8-15 ' 5314 c V 11-15 — common.—— Hormel - 50c * , Service Public $3.50 •'; (quar.) (quar.) preferred 6% Public General AA;'*A A (increased quar.) Common ' 8714c 1214c (quar.) — Corp. (quar.)——— Paint General 7- 4 $37 Vic Common 5% preferred General $37Vic r 7-16 A $4 ccnvertibje preferred! (quar.). A $5.50 preferred (quar.) ——>———... $6 preferred (quar.) 7-16 1 8-17 (quar.) Horn & 8-1 8- 1 8-1 $$l preferred (quar.) $5 preferred (quar.) — General Outdoor Advertising Co. 7- 3 Ltd. Stores, 7-17 10c $3.75 8-15 9-15 Dominion 50c / » 8- 2 , ' Ltd.— Dominion Tar & Chemical Co.— 8- 1 — 8-17 9- 8- 1 8- 1 25c —^—_— Motors Corp. 1 8- 7-13 7-20 (quar.) (quar.)_ Inc. Extra General 3 8-31 8- 1 7-31 Co.— Mills, 9-24 ; 5% 5% 8-20 7-17| 1 7-13 11-19 7-31 9- 1st preferred 4% 9-29 10-18 7-24 — ... 7-23 1 8- 1 Co., General 6-30 7-30 8- 1 8-1 8-15 1 7-31 55c 25c $1 (quar.)— 10-15 (quar.)—_„A— Bartlett Holly ' , A *"A Dominion Dominion-Scottish 1 Ltd.— Investment Corp., 5% 5% 7-26 20c 25c 8- — 80c 9-10 preferred (quar.) preferred (quar.) ——30c 12-10 Gamble, Skogmo, Inc., common— 15c 7-31 5% preferred (quar.) —6214c 7-31 Gar Wood Industries, 414% pfd. (accum.)— 5614c 8-15 Gardner-Denver Co., 4% preferred (quar.)— $18-1 Gearko, Inc., 6% preferred (s-a)—— 15c 9- 1 General Baking Co., common—.....—— 20c 8- 1 $8 preferred (quar.) — $2 10- 1 General Cigar Co., common (quar.) 25c 9-15 7% preferred (quar.) — $1.75 9- 1 General Finance Corp.-AA 'A■ •'•AAA* 5% preferred A (s-a)— ... 25c 11-26 4% conv. preferred C (s-a) $1 11-26 General Foods Corp., $3.50 preferred (quar.) 87V4c 8- 1 General Metals Corp. 50c 8-15 Extra 20c 8-15 7-15 1 8- 7-24 6% 8-24 ■ 1 25c — Spencer, Holly Stores, 0% 8-24 1 8-31 5% —— Dominion ; 1 9- 8- ————$17 Vic preferred (quar.)— 31'Ac 7c 25c 25c Mines, Ltd Finance, 5% 9- 7-31 15c Domestic ■1 7- 9 8- 1 Deposited Insurance Shares, series A Dominguez Oil Fields (monthly) 2nd 7- 9 1 8- 25c Extra V? 8-1 22c (quar.) Houses, Inc, Dome Galr (Robert) / Dodge & Cox Fund. Beneficial shares—. Dodge Mfg. Corp, (increased quar.)—. i Gair for share. per 9-14 9-14 (45,000 shares of class A being redemption on July 9 at $45 Cup called Co Steel Gabriel 8 10- 1 13c — (reduced) Corporation 11-15 30c 2c shares— interest Beneficial 11- 10- 1 50c (quar.) (quar.) preferred $1.50 preferred (quar.) Gabriel Company, 5% conv. pfd. 8- 0 8-16 8- common— / 25C 6-29 - $3.50 (quar.) (quaT.)_— B 7-30 — 6 8-* 1 5% preferred (quar.)_ Manufacturing Co Mfg. Co., Ltd., class A <quar.)___ Higble AA (quar.)—— Oil Co A' Class - 7- 8-15 Co., Holden _ 7-6 7-31 $1.25 — A'.'(quar.)—_______ Co., /preferred -B Higbee 8-15 re¬ (quar.)— com. (quar.)_ 7-31 35c Monthly Monthly 20c Malting, & preferred 9- 6 9- 5% Hibbard, 8-15 common (quar.) $50c Ltd., common (quar.)___— $1214c preferred (quar.) A _____________ $$1.12 V2 1 — — (quar.) Co. 1 Ltd., 8-1 Yard Stock RR.——— Western Grande Union 8- (A. J.), 9-15 Rio & Denver 8-15 the on 9-15 20% aa : preferred : (quar.) Class $1.50 75c Debenture Denver 2 1214c series. Stock Co.'s, Freiman 8-17 1 7-31 7- 314 %' Heywocd-Wakefield 2 A series Heyden Chemical Corp.;' 7-20 1— series 1 1 8- -preferred series Hewitt-Robbins," Inc. 7- 9c 5c 7-13 t.y 9-1 1 8- 10% 7-20 1 :— 7-10 15c Inc.— >-*A 414 %" preferred 7 .______• 7-18 7-31 ~ 7-13 1 dividend 414% 7-16 a214%, — __ series 8- 7-31 A < Custodian Funds— 8- Fraser -—.—— Co,____ Kleiser 1 8- (increased) Steel Products Corp.— preferred class A (quar.) Hershey - Chocolate - Corp.;"common /„•'• preference & Franklin 8- $1.1214 (quar.)— 7% 8- (quar.) 6814c pfd. Payable in non-voting common. (H. J.) Company (stock dividend). Hercules Powder Co., 5% " pfd. (quar.) 8- 15c AA. A'A AvAA' • ;•■ receipts pref. (Interim) 2Vic preferred 414% ; * Hercules 1 8- 25c Inc. Pillot & Stock 7-16 '*: 8- 1 •, of America, Heinz 11-30 \ ; ——-A _—— Motor, Ltd.— -American dep. 1 8- 8-15 Ford (quar.) Henke 8-20 8-30 93%c * Foote Brothers Gear & Machine Corp.— Common 7-13 7-13 1-2-52 3% ;r & Chemical Corp.— preferred (quar.) 3% % 8 7-16 ■ _———,————— 7-20 Hayes Mfg; Corp —_—..—.A—!., 15c Hazeitine Corp. ./.A—A—————A— 25c Hecht Company, common (quar.) 40c 3%% preferred (quar.) 9314c 8- 1 7-31 Machinery Food 8-13 1 9- dividend Stock '9-28 8-15 J£arx_— Light (quar.) Haydock Fund, 1 8-24 Inc.— Food Fair Stores. A Co. preferred (quar.) Cumeo Press, Inc., 314% pfd. (quar.) Curlee Clothing Co., 414% pfd. (quar.)—_ Curtiss-Wright Corp.— $2 class A (quar.) — 7% > 8- 10-15 40c & Electric Corp. 9-18 $1.1214 (quar.)— 9-28 7-11 9-10 8-30 & Payable of Ree, $1.3714 (quar.) 7-11 9- 9-29 Bank First preefrred Schaffner Hartford 8-30 7-31 7-31 9-20 62Vic $1.0614 ; prior Fidelity 4 7-31; Crosse (quar.) ; preferred (quar.)__ conv. preferred (quar.) $1.50 Deposit Co. (Md.) (quar.) 65c Stock Corp. (quar.) ___________ A/A. 30c First York Corp., common (reduced)—___ 25c $2 preferred (s-a). " 8% 8-10 9- 8-15 • Hart Hat Corporation _________—40c Fire Association of Philadelphia (quar.)__— 65c Fibreboard Products, Inc.— 9-18 Corp Petroleum Cosden Cosmos 9-10 414 % 8-30 9-10 Ferro 8-10 9- $50c 41/4% 8-31 9- 20c —_— Corrugated Paper Box Co., Ltd., common... 6% Dreferred (quar.)_ - 7-20 7-31 20c —;—— — __ Common 8-20 1 9- 30c 50c (quar.)_„„ Federated Department Stores Inc.— 6 8- 8-20 50c Extra Corp. When Share Company Harrlsburg Gas Co., common Inc.— preferred (quar.) participating $1.20 Holders Per Name of Payable of Rec. Share ! Pittsfield, of Co. Loan Federal Mogul 7-17 1 8- 75c w. of America, common (quar.)——— Container t 25c —- Copper Range Co. (quar.)— Corn Exchange Bank Trust Co. Federal i of Company Name Payable of Rec. 9-15 8-31 8-31 7-31 7-30 7-19 9-10 8-17 Holders When per Holders When Per Name $2.50 12-30 12-20 ; Volume 174 Number 5033 The Commercial and Financial Chronicle ... Per Name of Company Keystone Steel & Wire Co. (quar.) I Kingan & Company, 4% preferred (quar.) Kings County Trust Co. (quar.) Knickerbocker Fund (5c from ordinary in¬ _. come and Knudsen from realized (S. S.) Company Kress 6% 7% $1 common 10c 8-15 7-31 7-18 8-10 Mid-West 9-20 (quar.) 9- 1 8-10 1 9-14 8- 1 7-17 (quar.) $1.75 11- 1 10-15 (quar.) 5% Corp Increased 8-10 7-27 $5.5o 20C _ 7-31 7-20 Minute 75c _ 8-15 31'Ac University 8- 1 10-10 9-23 Lake of the Woods Milling Co., Ltd.— Common (quar.) 10c 1-10-52 12-28 t40c Quarterly $1.16 (quar.) preferred 12-20 12-31 12-20 8-15 8- 4 11-15 11- 5 8- 1 8-24 8-15 8- 1 9- 1 8- 1 8- 1 7-16* 8- *$2 8-12 1 7-31 8- v • ,ZZ_ 25C 11- 7-29 20c 8-311: 16'Ac V 8-10 City 1 7-12 National Distillers 9- 1 8- National Drug 9- 1 8-15 9- 1 8-15 9-10 8-20 8- 30c 3 $1.10 _ $1.10 12-10 11-19 $1.00 3-10-52 2-18 and 3-10-52 8- 1 8- 1 7-31 7-20 $1 8-31 $1 -■? 8-20 9-29 $1 10- 1 9-21 1-1-52 12-22 8- 1 7-23 8- 1 7-17 ' 1 8- 20c 7-17 8-4 7-20 8- 1 7-17 10- 1 9-20 1-1-52 12-20 $2 62'Ac 4-1-52 ^ (quar.) ;$2 :>v $1.50 (quar.)__ 8- • 3-20 1 8- 7-17 1 7-9 8-15 8-1 $4 _ $2.50 8-15 National $1.40 25c 8- 1 7-16 1 9- : $2.40 8-27 8-10 8-27 8-10 0- 7 : preferred Mur 1 7-16 1 7-13 50c 8- 1 7-11* 9- 1 8-10 * 15c 9- 1 8-10 IOC 8- 1 7-20 8- 1 (extra) 5c Haven New Jersey 8- 1 New Process York New New Brake York, Fire 8-20 8-10 New York 8-15 8-15 8-15 10>/2c 8-15 7-25 7-25 New preferred York A interest & pfd. a (quar.) Gas— ^ Norfolk 50c <quar.)_ 8-29 $$1.25 1 (quar.) 99- stock).. 7-13 1 45c v ' $2.50 8-16 12- 1 8- 11-15 1 8- > 8-22 1 7-20 ' 45c Carolina RR., Northern $1.50 Illinois Co. Corp., convertible Northern 8- 1 8-15 88- 8- 8 7-30 9-28 9- 8-15 1 8- 1 7-20 8-31 8-15 1 9- 7 1 7-20 Ralston 8-1 7-20 8-15 7-17 Maytag Co., $3 preference 75c 25c • 7-16 Noyes 8- 7- Nunn 9 Oklahoma Gas 7-14 Oklahoma Natural 8- 7-16 8" 8-1 - 43A% 7-10 Okonite 150'Ac 9- 1 8- 8- 1 7-12 (quar.) 1 40c 9- 8- 3 50c 9- 1 8- 3 $1.06'A 9- 1 8- 3 ' 1 ' 37'Ac 45c $1.75 Old 1 8-8 Reece 8-10 7-11 Reed 7-31 7-19 Oliver $2 8- 1 7-20 7% 8-15 7-31 8- 1 7-20 9- 6 9- 10c 8- 1 7-19 (quar.) . Otis 1 8-31 $1.60 7-21 8-15 8- $ 8-1 7-20 9-10 8- 7-31 7-13 8-15 8- 8- 1 8- 1 6 1 Class 7-13 ; - $1-12'A $1.12%. $-31 8-17 11-30 11-18 7-27 7-30 7-16 25c 7-31 A 32'Ac SOcF 59 %c 7-18 ; 7-30 8-15 7-13 7-30 8-15 7-30 50c 8- 1 7-16 10c 8-20 8-10 $1.12'A $1.12 '/a 7-31 7-14 4.65% Rolland Mfg. — Co— 7-16 Ronson 8-15 "7-16 7-28 8-24 78- 6 1 \ $1.25 1 8-15 7-30 6-30 6-28 8- Corp. fund preferred (quar.) 8-17 8- 1 9- 1 1 11-15 Rose's 5. Rosefield 8-31 15c (quar.)_ 8- 7- ■ 6 8- 7-31 7-10 8- 56'AC 1 7-23 7-31 7-1$ 8- 1 7-26 933Ac 10- 1 9- A 37'Ac (quar.) 8- 1 7-20 . 5c" & Art 7-20 8-1 7-20 75c Packing 9- 7 & 9 7-13 8- * $1.25 1 7-20 8- 1 7-15 50C —— 8- 1 7-20 8- 1 7-20 7400 - 9- 1 8-15 740c 12- 1 11-19 725c : 8- 1 7-16 8- 1 7-10 725c 40c 7-31 7-20 :727c 10- 1 9-15 12'Ac 8- 1 7-10 50c 9- 5 8-15 9- 5 8-15 8- 1 50c < 7-15 $1.75 10- 1 9-13 $1.75 ; 10- 1 9-19 19c — 8- 1 7-20 933Ac 8- 1 7-20 (Texas) 5c 8-15 25c 9-15 9- 5 37'Ac 9-15 9- 5 9-15 9- 5 9- 1 8-15 9- 1 8-15 8- 1 8- 1 7-12 415c hoc 9-15 8-15 t$1.06'A 9-15 8-31 (quar.) (quar.) Corp,— H — Ltd., ■V ______ $1 $1.02 »A (quar.) Co., common 15C $1.16 common Works 25c Stores 7-20 , . (quar.) deposit receipts (interim) and 7-20 7-27 1 8- 35c — 1 10- -A;50c for ; 7-12 ordinary al5% (quar.) — 35c 15c 10 8- 1 8-15 50c (quar.)— Metal 1 r. s'Ac Power Paper Co., 9- 8- 250 preferred Electric & 7-21 9-15 50c 750 (quar.) Co. common preferred 7-31 25c (quar.)__ (quar.)_ (quar.) (quar.) — Ross $1.25 8- 1 7-16 $1.25 8-1 7-18 31'Ac 8- 1 7-16 (J. O.) 8- 7 9-12 9-12 69- 9- 9 5 5 25c 8-1 7-20H 7-13 15c 8- 35c 9-10 25c 7-30 7-20- 50c Co. 8 & W Fine conv. Engineering Foods, Inc., preferred (quar.) —Zr' 1 common (quar.) Baguenay Power Co., 4%% pfd. (quar.) St, Lawrence Flour Mills, common 7%- preferred (quar.)— (quar.)— ' 3 5 8-25 25c _____ f . 8-15 12- 50c serlete F preferred series regular 4% — 9-14 $2 7-30 7-20 1 7-20 $1 bOc (quar.) Gas 'American 8-21 V - 75c 787'Ac Extra 7-18 7-20 725c preferred (quar.)—; Rolls-Royce, Ltd.— 8-15 35c —- ——— Co. Myers, Gas M 8-31 8-31 $1.50 4'A% 8- 50c of California (Del.)— preferred (quar.) sinking fund preferred (quar.) sinking 4.10% 9-10 1 9-29 9-29 (Ohio) preferred Valley Rockland Light 1 — Co. preferred *$1.75 — & 4% 8-15 8-15 — participating Participating Rochester .7-13 20c , 5% preferred class A (quar.) $1.50 ' 60c common 8-31 (quar.)___ Inc., common Robbins & *$1 (quar.) Ltd., B Grande 40c Foundry Pacific Finance $1.25 7-16 8-1 Co. Co , 5% 1 20c class Marine & 8- 22'Ac 8teel Car : 7*10 (quar.) 9-29 35c (quar.)_ preferred (quar.) 7% 1st preferred (quar.) 7% 2nd preferred (quar.)_ Rich's, Inc., common (quar.) 33A % preferred (quar.) 11-0 Filters— Pottery Elevator 11-10 8- 1 preferred 33A% (quar.) non-cum. Rice-Stix, 7-13 Rio Products, preferred (quar.) Pacific $1 — ,8r 1 (Canada), Ltd., common 5% redeemable preferred (quar.) Reliance Electric & Engineering Co Renold-Covcntry, Ltd., class A (quar.) Resistoflcx Corp., 5% conv. pfd. (quar.)— Reynolds (R. J.) Tobacco, common (quar.) 7-20 1 8- 35c (quar.) 8-15 Reltman's 33%C A 8-15 25c Regent Knitting Mills, Ltd.— $1.60 non-cum. preferred (quar.) 8-31 A Outlet Company Owens-Ulinois-Glass 5% ; United Ontario lc • B 1 50C Co., com. (quar.) Gas Co., com. (quar.) 4'/2% convertible Onondaga 7-31 27'/2c (qua r.) Corp., Outboard : Corporation, 9-29 8- $1.50 Electric 1 50c (quar.) (C. A.) 'Co., 0-29 $1.50 (quar.)— 6% pfd. (quar.)— 1 9- 50c preferred 9-10 $3.50 (quar.) & Co., Reliable Fire Insurance (quar.) 1 9- : 715c 9- $3 7-25* 8- (quar.)_ 4'A% preferred Securities Co Light 7-16 8-15 $1.02 0-15 Company (increased) Coal Corp. (reduced! Ben Oliver Co. preferred 8-15 Manufacturers Ins. Co. (N. Y.)— - Leather pfd. 7-12 1 - 8-15 Co. 7-14 37 '/aC ' Ohio 4% 1 8- ' Co.—- 9-15 Co., (quar.)— F.) Shoe 7-14 $2.50 (quar.)_ Semi-annual (Charles Bush 8- 31VuC (s-aZZZZZZZ 4%. 2nd preferred (quar.) ■AVa% preferred (quar.)_ Meadvllle Telephone Co. (quar.) Melville Shoe Corp, (quar.) ; Mercantile Stores, 7% pfd. (quar.) Utilities, 8- 115c (quar.) common Norwich Pharmacal Co. 4.50% conv. preferred 45c ' ZZ-Z Corp McCormick & Co., 5% -preferred Mclntyre Porcupine Mines, Ltd. Northwestern 8-15 . $10c _ ■ (quar.) 8-15 • ' fl- 8- 65c (quar.) Rayonler, Inc., common (quar.) $2 preferred (quar.) Reading Co., common (quar.)— —- 8-15 9- 9- 85C _ Semi-annual Gas 9- 7 25c 8- 93%C 83 %C ■ (quar.) McArthur Chemical, 5% >pfd. (quarr.) McCabe Grain Co., Ltd., class B_ 8-15 & Mexico 7-16 — 7-12 40c New 1 Northwestern National Life Insurance Co.— 9- v of 1 03 %c 20q (quar.) 1 Extra ; Engineering 8-15 8- $1.05 Company (quar.) Randall Graphite Bearings Rapid Electrotype Co. (quar.) Raymond Concrete Pile Co., com. 7 60c Northwest 1 $1.06'A 8- 8-17 7-20 7-20 1 9- Randall & 7-16 6-29 ' 1 35c (quar.) pref. common Purina 1 8- *75c (quar.) (quar.) Co. Grocery, Railway 8- 37'Ac 7-13 8- 7-30 — Quinte Milk Products, Ltd.— Participating class A (quar.) 10- 7-20 $1.17'A — common. Quarterly Quaker Oats Co., 6% pfd. (quar.) Quarterly Distribution Shares, Inc. Quebec Power Co. (quar ) 9-14 3 9-21 90c (quar.) Pullman, Inc. (increased quar.) — Purity Flour Mills Ltd.. $3.50 pid. (quar.)__ Punta Alegre Sugar (year-end) 1 7-20 3 8- 4.08% preferred (quar.) Puget Sound Power & Light 5 8-17 Service Common 1 9- 8- 8- $1.28 (quar.) —1 10- <s-a)—____— 7-30 45C (quar.) preferred $1.40 div. 1 8-15 1 1 of Colorado— Co. Public Service Electric 1 7-14 9-14 15c 5C - Co. $1.12% Northern RR. of New Hampshire (quar.;___ Northern Redwood Lumber ^ 1 Co., Ltd., preferred 410c 7-15 9- 7-23 8-15 99- 62'Ac (qu^r.) 9- (Hartford) 7-16 7-20 $1.50 9- 7 :: 1 1 3 7'Ac 1 common Gas & Gamble Service Class 7- 1 $25c v _ 1 8- 75c 7-31 1 4.20% 25C (s-a)_ 88- 100% (accum.)— 1 preferred Liberties (quar.) pfd. 75c 8- > 7-31 8- 7-16 $1 Common 00 $1.50 guaranteed 7-10 7-10 1 dividend) 6% 10- Ltd 7% Northeastern Insurance 7-20 preferred (Stock Coke, 10- (accum.) 1 1 8- 17'A% t$l $3 50c :* Z 9-14 42'Ac 1 8- 8- 60c 933Ac — Mining Corp., & 45c North & Brothers 7-81 30c 7-10 50c $1.12'A Ry. Co. (quar.)— Norfolk & Western Ry. Co., com. (quar 4% adjustment preferred (quar.) Norma-Hoffmann Bearings Corp.— Normetal Gas 9-28 15c- 1 Brewing Co.--- 8-15 r* 12-1* 8- $1.25 (final) Price 1 9-1* 1-2-52 Ltd.— 8-10 Public 9-1* 12-1* 1 $1.10 17o preferred (accum.) Porsmouth Steel Co. (quar.) ' Southern preferred shares 1 97'AC quar.)— Associates, 10- 10- $1.07'A $1.07% — (quar.)_— & convertible 60c —-— 33A% 6% Inc. 8-15 8-17 1-2-52 95c (quar.) 1 9-10 $1.25 (quar.) 8-31 - 50c 8-24 < 9-10 ■ 9 8-15 4 35c 30c ; 7- 7-31 25C : , >■' 8-15 CC7*,'9:'- 8- 1 Mills, Johnson Plymouth Oil Co. , 8-15 8- (initial common ioc Noranda 8-24 8-28 9- —______ pfd. Potomac Edison Co., 3.60% pfd. 4.70% preferred B (quar.) 40c (quar.) 7-23 -$1 9-10 35c $1 (quar.) 7-20 15c ■ 8-10 $1.06'A •' New Radford 7-20 8-24 preferred $1.50 Ltd._ 7-13 25c $1 preferred, (quar.)—_____ preferred (quar.) ,'3.90% 7-31 3 7'AC (s-a) Common Mines, 7-20 pfd. (quar.) 2nd pfd. (quar.)_j. 1 10c 8-10 25c ___ ? (quar.) 8-15 V 1 7-31 2nd 12- $1.183A (quar.)—. Electric 8- 30c ____________ 1-2-52 $7'Ac 8-15 7-31 ~ -_ 8- 6 10c 4.40% . Public (irreg.)— Co. 7-10 50c (quar.) 1 10c Co. 1 Co Co. 9- 60c Insurance State Gear ___________ non-cum. 4 'A % 14c 8-10 $4 25c 15C I2V2C __ (irreg. )Z___ 3 & 1 62'Ac —_ Co (quar.) preferred (quar.) $4.50 preferred (quar.) 4'/2 % preferred (1949 series) Newberry (J. J.) Company 3%% preferred (quar.)——_—— 8- t 10- 40C Merchandise 25c ■ Pittsburgh 10-20 Chicago & St. Louis RR.— York 6% 1 8- $1.12% American Co.— New 8- 40c $1.12% Procter (initial)——,———_ 1 7-25 8-15 $1.75 (quar.) 7-20 10-30 25% Company—i__ Air common 8-31 40c (quar.) Pinchin, Corp.— Mills—.— 5 25c Stores Light Worsted 9-14 (quar.) 20c Corp. beneficial Gas Co. Phillips-Jones Corp., 5% Phillips Petroleum Co.— Fund—* of 7-25 preferred 35© Mines, Ltd. England 1 preferred Portland (quar.) Calumet Certificates Mfg. Cement Co. Pillsbury (quar.) Co. 8- 1st 4% 8- (quar.)__ Canada, , . 8- (quar.I New New ; 8-10 10-15 20c National Vulcanized Fibre Co. (quar.) Neisner Brothers, Inc., 43A% pfd, (quar.)— Neptune Meter Co., common.. Nestle-Le 7-13 $1.75 (quar.) Philadelphia Electric Co., 3.80% pfd. 4.30% preferred (quar.) 50c Shipbuilding Corp.— preferred (quar. 6% 1 1st Starch Products— preferred 8- _________________ $4 non-cum. National Steel & 10c (initial quar.) $3.75 .preferred (quar.) ,$3.75 preferred <1947 series) (quar.) $3.40 preferred (quar.) (quar.) 7-16 5c Machinery 8- common preferred Rubber 8- 5c preferred 1 A 8-15 _ Michael Stern & Co.— 8- (quar.) & 9-10 1 Manufacturing Co. (quar.)——— Phelps Dodge Corp— Philadelphia Dairy Products Co. 15c of 9-10 1 9- $4.50 (quar.) Corp, 1 10- $1.06'A —______ Co. 10- $1.06 (quar.) $4.50 50c Fabrics 9-12 25c Company Permutit 7-14 56'Ac 0 7-10 25c pfd. *15c $1 : Meyercord 7-31 7-30 $1.25 Co., 4.24% (quar.) preferred Permanente ,'7-ia 20c 7- 1 Corp.— Quarterly 9-20 50c dividend National 2nd 8- 9Qc Penobscot Chemical Fibre Co., 2d pfd. (quar.) National Bank (Brooklyn, N. Y.)— 12-20 —_ Paper & Type Co. preferred (quar.)___— 6% Sand preferred 7-ie Peoples 7-20 9-28 (quar.) Welding Machines I2V2C (quar.) Products 6 12-28 5 (Phila.)— preferred (s-a) Power Pennsylvania Salt 7-11 $1.50 Co preferred Manufactures New Louis Ry.— ■ Metal-Glass 6 7-11 7-30 3 8-15 *$1.50 $$1.59 Pheoll (quar.) New preferred & 7% 7- 1 11- *75c (quar.) preferred (quar.) Pennsylvania National 9-18 1 :•••>". 15c ,v. ■ Co. Pennsylvania Glass *12'Ac Mallinson Stock 2-18 1 9- 50c Merchants 7-10 (quar.) (quar.) non-cumulative 8- $1.50 Chemical & common Investment $4 7-30 8- 8- 11-15 5 4.25% 7- 8-15 25C (quar.) (quar.) preferred 8-31 1 12-15 25c » 8-31 8- 9-15 1-1-52 62VaC 1 2- 1 7-31 10- 33C 2-15-52 9-14 ! Y.) 8-31 62'Ac (quar.) Ltd., 10- 50c Mfg. (quar.) 7-20 Common 7-31 8-31 9-14 8-l!> preferred 6% 1 $20c 9-14 10c 5 5% — 7-20 11- Penman's, America— (N. 25C 1 11-15 8-31 1 12-15 8- 33c 8-31 5c 9-15 12-20 preferred 8-31 12'Ac 9-20 40c 20C 3 1 .'_ 7-2* 8- 1 $2.50 7-31 8-15 1 (quar.) & 1 25c 33c 10- 56'Ac Inc. 1 8- 2- t$1.75 (increased) 8- 1 2-15-52 10- (quar.) com. 1 9- 25c *25c (quar.) National 10c Z~I 8- 8-31 9- (quar.) preferred (quar.) t$1.75 A 8-20 , Extra Corporation, t22'/2C class 11-19 ^ Maul Macotta Corp Maxwell, Ltd. May Department Stores 8-15 10- 9-15 15c preferred Penn 75c 25c Fibres *35c fl $1.32 7-31 7-12 1 ; *15c 12-10 9- p Marshall Field & Co. (quar.) Masawlppi Valley RR. (s-a) 8-10 8-31 $1.32 8-23 8- 9-15 7-20 $1.32 7-16 1 (quar.) 50c (quar.)__ 1 9- 9-14 6 31'AC (quar.) preferred (quar.) Perkins Machine Products Electric National *25c (quar.) Co. 7-16 A 9-10 *25c (ouar.) Lynch Corporation (quar.) Z ZZZZZ Lyons Finance Service, Inc., 42c pfd. tquar.) Stores 1 class 50c quar.) A Co. Ltd. of Bank convertible 60c 5% non-cum. preferred (s-a) Louisville & Nashville RR. Co. (quar.)_ Lucky Stores, Inc. <quar.)_. Ludman Corp. (initial class 8- Quarterly Quarterly Hosiery Mills, Ltd. $1 62 '/2c preference $1 $1.10 common National 50c ; Bancorporation ^initial participating 7-16 8- 7- 9-26 *20c Common National 62%c McLellan Ltd., 60c in $1 Company Manhattan-Shirt Co. (quar.) Manning, Maxwell & Moore, Inc. 1 10c Chemical - iquar.)__ (quar.) (quar.), 5% conv. preferred (quar.) Kord & Taylor, 8% 2nd preferred Louisiana Power & Light, $6 pfd. /Maltlne 8- ; National 87'Ac _ (quar.) 56c class A (quar.) Lytton's, Henry C. Lytton & Co. $1 preferred i20c By-Products National 1 87'Ac quarterly _____ 7-31 $1.20 8- 7-31 12 'AC 9-17 (quar.) Co. 7-12 8- . Extra Inc. 7-31 8-15 50c _ (quar.) Realization 7-17 11-15 (quar.) (irreg.) National Automotive National Biscuit Co. Extra __ (quar.) Inc.,Z4y4% Line, Chemical National 60c Inc. Macy (R. H.) Co., 1 Cement 1 Narragansett Electric Co.. 4 '/2% pfd. (quar.) Nathan Straus-Duparquet Inc. (quar.)—___ 7-19 preferred 4'% 4 Mi % 8-15 10-25 preferred Mead 1 1 conv. McCall 1 5c (quar.) Theatres 4% preferred B (quar.) Madison Square Garden Corp Mailman Corp.; 5% ; preferred 8- Peninsular Grinding Wheel Co Peninsular Telephone, common 8-15 Mutual Investment Fund, Inc.— ' 12c from net income, and 8c from realized profits. 1 8-12 conv. 60c S- 8- *$4 5% New 8-24 / 1 8- V $1 25C . 9-10 9- $1 Co. Peerless 7-17 34%c 7-31 40c 7-14 12-15 . 7-20 75c — 1 $1 7-16 6 45c (quar.) 1 10- 1 8- 8-15 12'Ac (Keene, N. H.) (quar.) Corp.______________— 8- $1.12'/2 (quar.)— (quar.) Z_I__ Extra preferred Steel Quarterly Casualty Peerless *50c (quar.) 5% Fully 1st Munson & 8- 25c 30c — quar.)— 8- " Munising Paper Co.— 7-20 (initial common Iron 7-20 1 Corp.—( $1.25 (quar.) Mills, preferred > $1 Mackintosh-Hemphill Rice Peaslee-Gaulbert 7-20 8- 32'Ac Airways, Inc Corp. (irreg.) $1.50 Extra 6% ____ Mar-Tex Royal A (quar.) World 'Ac Corp. of America, 40c ZZZZZZZZZZZZZZZZ Corporation A preferred Long Island Lighting Co. (quar.) & Taylor, 8% 2nd preferred (quar.) Marine 1 series 6% Lord Macco 7-20 50c Mutual preferred (quar.) preferred (quar.) 50c Peden 7-30 1 $1.50 preferred Mount 5% __ Co. Plan $2.25 8-10 8-15 preferred preferred Morris 7-19 9- +2c Common Steel 7-30 8-15 (quar.)— 8-15 December & St. 8-15 8- 40c *$1.25 7% series B (quar.) Morgan (J. P.) & Company Inc. (quar.) Morrell (John) & Co. (quar.) 7-14 30c ■ _ _ Lukens 1 7% 60c (s-a) New C6„ $6 preferred (quar.)__ Power 6-30 (quar.) Special guaranteed (quar.) Special guaranteed (quar.) Loblaw Groceterias Co., Ltd.. class A Class B (quar.)_ Lock Joint Pipe Co., common Common 7-30 37V2C Moody's Investors Service— $3 participating preference (quar.)___— Moore Corp., Ltd., common (quar.) 4% redeemable preference (quar.) 7-16 9-15 96'Ac guaranteed Louisville, Henderson 7-25 8-15 $1.37'A . 50C $1.10 Dock— 8-10 40c (quar.) 12-31 March. & B 7-20 7-16 1 26'Ac *•: preferred 9-15 Little Miami RR. Original capital Original capital (quar.) Original capital (quar.) Coal preferred 5% % 7-31 8- $1 , Montana 75c _ Lorain $1.06% 8-15 $1.25 Special (quar.) 7-31 ZZZ-ZZZ Boston preferred 40c . Extra 7-20 pref.__—___ pfd. C 9-19 *20c _ Loew's 7-31 (s-a) 9-19 (quar.) Insurance Co. and.)— Lockwood-Dutchess, $1.18% preferred 75c —__ pfd. (quar.) Park & Tilford Distillers Corp. (quar.) Parke, Davis & Company Parmelee Transportation Co. (quar.) Paton Mfg. Co., Ltd., com. (quar.) 7% preferred (quar.) Peabody Coal Co., common (quar.) 5% preferred (quar.) 7-20 (quar.) Ltd. ________Z__ Link-Belt Co. (quar.) Liquid Carbonic Corp., common 3 % % preferred (quar.) 8% 4.40% 7-20 25c Co Common 7-31 Television *30c 11'Ac from net investment income and from net realized capital gains. Lincoln Printing Co., common_____.____„ $3.50 preferred (quar.) ^ Special Co., & Monongahela Power, 4.50% 1 $1 Lexington Trust Fund Shares— 8% Radio 9-29 56'Ac Lindsay (C. W.), Ltd., 6% pfd. (accum.) Lionel Corporation, new com. (initial quar.) In (Robert) ZIIIZZZIZZ Corp.__ Liggett & Myers Tobacco Co. Lincoln National Life September, 8- 7-31 $1.12'A Savers June, 1 Mitchell 1 9-29 _________ pays 8- 8-15 1 30c — (quar.) Monroe Calculating Machine (quar.) Lewis Brothers, Ltd. (increased) Quarterly 8-17 9-15 1st American 30c 25c (quar.) Glass 8-15 9- $1.30 Service— *15c pTdZ'lquarZ) Works (quar.) 9-15 10c Light, $6 pfd. (quar.)— Public *15c __ stock & prior *15c Laura Secord Candy Shops, Ltd. (quar.). Lee Rubber & Tire Corp. (quar.) Lees (James) & Sons Co., 3.85% pfd. (quar.) Legare Co., Ltd., 6% preferred (accum.) Lehigh Portland Cement Co. (quar.) Leitch Gold Mines, Ltd Lerner Stores Corp.— Above $1.60 25c Quarterly Bryant, Inc., 4'A% Bleachery & Dye Lansing Co. Lane Lanett Quarterly Corp., *15c class A (quar.) (quar.) (quar.) Class B (quar.) Landis Machine Co. (quar.)_ B Life 9- 29c A Libbey-Owens-Ford 1st Maid 4.80% (quar.) 4'A% preferred Leslie Salt Co. 1 9- *$1.75 (Alfred) Class Class 75c preferred (quar.)_ preferred (quar,)— Monarch Lakeside Laboratories, Inc.— Lambert Paramount Motors — (quar.) 5% preferred (quar.) Mitchell (J. S.) & Co.,: Ltd. 7-18 10c preferred Pan 8-17 2nd conv. Mississippi Power Mississippi Valley 7-31 - (quar.) 7% 8-17 4 Common 5% Extension $1.50 (Brooklyn, N. Y.)— Plante-Choate Mfg. Co. conv. preferred (quar.) 4 9- Hill & Schuylkill Haven RR. Co. (s-a) Minneapolis Gas Co. (quar.) Minneapolis-Moline Co., common.. 7-27 Co., 5% & 9■ (quar.)— Co Mine 8-10 (quar.)_ Light Bolder9 Payable of Reo, Public Service Co.— 7-16 Extra 10c Corp. Power 7-16 1 30c Shoes, Inc., common (quar.)— 4%% preferred (quar.) Miller & Rhoads, Inc., 4'A% pfd. (quar.)_ 12-20 Lighting Pacific 1 30c Share 1 Pacific 88- Miles Abrasive Company Pacific $1.10 (s-a)___— When Per Name of 7-13 25c 8-21 1 9-26 12-27 7-31 $1.22 % . Corp. 9-12 $1.12% Holdere Payable of Reo. $25 (quar.) Michigan Sugar Co., 6% pfd. 6% preferred (accum.) Mid-Continental Petroleum . When Share ——— (quar.) preferred 9- 10- Inc. preferred 75c $1.12'A 40c National Bank Salle 7-31 8-25 preferred 2nd 4.40% 50c (quar.) (quar.) dividend Crosse Telephone La 8-20 ioc 20c Stock La 7-13 4.90% (quar.) Company Michigan Central RR. (s-a)_ Michigan Gas & Electric 7-23 $1.75 L'Aiglon Apparel, La 1 1 $1.50 preferred Lafayette 88- (quar.) 2nd per Name of 8-16 preferred 1st 7% 8 9- $20 (quar.j__ (S. H.) & Co. Kroehler Mfg., 4'A% preferred 4%% preferred (quar.) Kroger Company, Holders Payable of Reo. 40c profits), Creamery Co., 60c pfd. Stores, Inc. (quar.) Kobacker Kresge 5c When Share __ 8-31 10- 1 9- 8- 1 6-30 8- 1 6-30 7 - 50 The Commercial and Financial Chronicle (406) When Per Share Name of Company Louis-San Francesco Ry. _.•£..J/',,.-'..' preferred (quar.) #«•—*» preferred iquar.) St. Regis Paper Co. (increased quar.)—— ei. $1.25 9-15 6% $1.25 25c 12'Ac 12-15 12- Corp. Tennessee 9- 1 5% Gas Transmission I Transit Antonio San Co. (quar.) —— 1 8- 8- 11-15 11- 1 ——12'Ac 12'Ac _____—12 "Ac ■15-52 2- 1 ■15-52 5- Co., Ltd., class B— —|10c (quar.) ........... —. ?20c Schenley Industries, Inc. (quarJ 50c Schwitzer-Cummins Co., common 25c 8-1 7-16 8-10 7-20 Quarterly Quarterly Quarterly Bcarfe ;—-——r __ ___— , 8- & Class A 8- (quar.)——. 7-18 1 Texas Thalhimer Brothers. Inc., Scovill Mig. preferred Electric Co. (quar.) non-cum. 5% non-cum. Seaboard Finance Co., Steel 4% — Co., preferred 4% A Sinclair Oil Slater (N.) & Co., flloss-Sheftield Ltd., Steel pfd. 9-27 12-27 10-10 9-20 Transcontinental Gas 10-10 9-20 10-10 9-20 Trico 10- 1 9-10 1 9-10 Quarterly 8- 1 7-20 <y 4.56% Canada Common Southern Tung-Sol 8-25 7-16 10- 2V 2 9- 208 $2.20 preferred 3.90% 4.15% Spalding (A. 1 8-16 8- 1 7-12 Union Electric 8- 1 7-25 Common 8-15 8-10 Woolworth (F. W.) Co. 11-15 11-10 Woolworth (F. W.) & 5% Co, 8-15 7-20 Yuba 7-20 Zellers, Ltd., 1 7- 50c 8- 9 $1.25 9- 1 9- 1 9- 1 9- 1 8-15 Union Oil 8- 1 7-16 United Aircraft 8- 1 7-18 8- 1 7-18 '7-12 10- 1 • Union 1 4'A% 8-23 5 7-30 8- 1 5% Co. preierred of (quar.) $1.12'A i—— (quar.). : America, com. 40c $1.12'A (quar.)...— 8-15 9- Corp., 125c United Cigar-Whelan Stores— $3.00 convertible preferred (quar.) United Corporations, Ltd., class A (quar.). 8-31 9-15 Biscuit $4,50 8-31 1 9-7 (quar.) pfd. (Calif.) Inc.— preferred (quar.).. United 8-31 Co. 7-10 United Drill Class B 8- 1 7- 7-30 Tool & Fuel United 2 5% 6-29 Growers, Ltd.— non-cum. preferred A (annual) United Merchants 7- 5 United States 7-31 7- 6 U. S. ; Stock United & 6% Corp., 6% Fire Insurance New pfd. Co. (N. (quar.) 8-16 8- 1 1 8-15 7-20 8- 1 7-20 8- preferred (quar,)_. Industrial Inc...'.. 7% preferred preferred 4% 7 % 1 7-20 7-20 United Stores 1 7-20 United Transit United Utilities 8- 25c 9-14 9- 7 Steak class 5% $56'Ac preferred 5% Corp., of Stein (A.) & (J. Stonega Coke Strange (William 10- 1 P.) & & Coal J.) participating Etubnitz-Greeene Suburban ; $4 v. $4 2nd 7- 7- Gas Service, preferred 6% preferred Sullivan Sun Oil A Consolidated Co., common 4'A% preferred Sunshine Biscuits, Superior Steel A 2nd 9-15 9-28 9-14 12-21 Quarterly Quarterly .Talon, Inc. Technicolor, 4 1 7- 6 8- 1 7- 8 8-15 preferred 7-31 8-17 Earnings 7-14 —V. 9-20 12-20 11-30* 8- 8-15 8- Common 9- 1 1 711-20 11- 0 8-15 7-27 8- 7-16 1 8- 8-17 1 30c 1 by 1 10- 1 9-20 1-2-52 12-22 8-1 7-16 8- 1 .8- 1 7-16 " 8-17 : 8- —V. 7-17 4 8-24 35c £8-10 8-15 8-15 9- 8- 1 1 1 8-15 5% preferred 8-13 4 9-20 35c 10-20 9-10 7-23 1 7-16 11- 1 10-15 6'Ac 7-31 7-16 7-31 7-16 8- 1 7-20 8-1 7-20 8- 10-10 Wellington Fire Insurance 37'Ac 7-31 7-16 $i0c 8-16 7-16 9-15 8-24 8- 7-10 25c $1.12'A 1 I $1.06'A 8-10 8-15 8- 10c , class 80c A class A Weber Showcase Welex Jet & Services, Fixture ______ Inc 1702. p. 8- 8- 3 $0.15 $0.35 $0.37 $0.20 ' : . " y . Transmission Corp.—Preferred Stock Of¬ issue of 100,000 shares of 5.40% pre¬ ($100 per share), plus accrued divi¬ new a offering aoproval oversubscribed and the books was the of Federal Power Commission. capacity per by approximately 240,000,000 cubic feet of natural day;> This increased capacity will meet growing requirements to and 95,000,000 will permit the feet of cubic sell to sale gas The to day. per Ohio The to 90,000,000 cubic feet ruptibe basis to Tennessee Valley Authority. • . . BUSINESS—Corporation and owns western operates gas Gas : on Co. also an of has inter- .''A,Vy; V.' pipe line a with Ohio Fuel company of up tending from east Texas to 1 , system ' ' ex¬ delivery capacity of a approximately 665,000,000 cubic feet of 7-23 8-15 8-10 imately .95% 1 8-17 ties (quar.) "$$1.37 »A 8- 1 7-14 Indiana 50c 8- 1 7-10 •. $84,157 ending 9- $$1.75 . V $78,913 a 20c : (s-a)_ Engineering Co.__ Wesley Mason Mills Ltd./ 5 'A % pfd. West Kentucky Coal Co. (quar.) West Michigan Steel Foundry $33,963 stock at par customers up 1 8-15 53,273 $44,950 . Gas contracted 7-31 7-31 25c. Co. 8- 8-15 8-lb 10c • (quar.) 8-15 $20c __AA gas of 1 $20c A (quar.)— (quar.)__ 78.913 proposed expansion, involving an additional 600 miles of pipe anu' feompressor equipment, will interconnect the company's exist¬ facilities with those of two subsidiaries and increase overall de¬ ing livery 7-25 i5c 674,065 33,964 The line 7-2o $1.12% $811,455 740,375 new-preferred is callable at company option at prices ranging per share if redeemed through Oct. 1, 1956 to $100 per receives 7-20 8-10 $898,201 365,249 1, 1966. The stock is also callable at $100 per share sinking fund which will begin to operate during the 12 months' Oct. 1, 1956.. i PROCEEDS—Proceeds will be added to general funds and help finance the company's $45,300,000 expansion program, providing it 7-20 8-1 1951—6 Mos.—1950 $433,176 375,126 after-Gct. under •Z "7-31 37'Ac Wellman 80c an $103 period .8-10 8-17 75C Extra 7-30 8- y under 848. p. V sharo 9-10 30c (quar.) trustee, 172, 44,949 The Tne 6-30 5- 25c Washington Gas Light Co., common (quar.)_ $4.25 preferred (quar.) $4.50 preferred (quar.) A— Washington Steel Corp. (quar.)__ Co., Canadian closed. from 7-31 . Trust •& company.—V. 1951—3 Mos.—1550 taxes 173, ferred Warren Erothers Co.—• 37»Ac I 1 9- 62'Ac 7-18 $1 Ltd 8- 130c 8- 7-27 and dends. 7-16 " deprec.l July 24 on 10-15 $1 7-30 Waterous, Ltd., (quar.) 1 77 $0.84 2614. 173, p. $465,025 (incl. Texas 1 11- (irreg.) $1.16 322,056 fering Oversubscribed—Dillon, Read & Co. Inc. headed an investment banking group which offered to the public 1 25c the and profit. Earnings per share 6-28 37%c 8-15 12'Ac (quar.) 9- 12- 7-19 $1 9-4 $20c (quar.)— 9-10 12-10 use —— It Net 8 $1.25 •. 20c Bank National income income ' Ltd. Citizens 7-16 (quar.) l • Walker Mfg. Co. (Wise.), common (quar.) $3 preferred (quar.)__„__...__^A__.. Mines, The Period End, June 30— 9-15 Co. $1.06 :__ $286,428 A TelAutograph Corp.—Quarterly Earnings Higher— 7-17 $1.25 7-23 1949 •»; 322,056 dividend requirements.—V. agreement -between 7-17 10- 30c 8-24 1950 $391,728 354,166 share common ' $392,468 — outstanding... preferred a ... ' 1951 . 10-19 8- y 1 /.'y:8-::17- $2 (quar.)—— , letter of notification was filed with the SEC on July 17 covering estimated aggregate employee contributions ' for 1951 under Employees'4 Profit Sharing and Retirement Fund to be offered the 7-18 12'Ac 9-14 Amulet per 30— taxes,^.—; Tappan Stove Co., Mansfield, O.—Files With SEC— A 7-20 11- $2 $1 common Mines, 12'Ac — $0.86 $225,000 12'Ac ..i— *262,570 52.51 7-31 62'AC .....A income shares ♦Earnings 8-15 £ $1.50 50c 717.753 — . Talcott, Inc.—Earnings— Months Ended June Profit after r ^ "A 1150 $1,534,839 y1-$530,991" t*axes__! charges and share ^ > 1951 common (James) 6 7-17 $1.75 A.. 7 8- herr reported are (Continued from page 12) after 7-17 62 'Ac (accum.) 1 1 dates record of dates were incorrect --A per 1 "After (s-a) Vulcan Detinning Co., common 7% preferred (quar.) & published 8-31* 8-19 — Walker 7-10 172, p. 200. >*78- 1 56'AC convertible preferred (quar.) Manufacturing Co. (quar.) —— Waite income 1 75c Van 4% holders or income 20c prior Vogt 7-31 tax. payment 6 Months Ended Jur.e 30— Gross 7-30 62'Ac preferred 7-31 3iy4C Inc. 6% preferred (quar.) (quar.) $i quar.) preferred 8- 1 7-18* 25c (Initial 8- 2 7-16 9-15 of sales are For and the to Texas first Eastern quarter natural gas per day., Approx¬ public utilities, serving communi¬ Mississippi, Tennessee, Kentucky and made to 31 in/ Louisiana;' 'Arkansas, and 2'Ac 9-15 37'Ac >< — ■ 99- 1 40C io- 1 40c (quar.) 8-17 1 ioc 8-15 • 8-15 West prior Point , preferred 1-2-52 50c 9- 50c 1 7-30 8-31 11-30 8- 7 7-18 Mfg. Co. —' Transmission of'1951 nek income" was $1,358,172; West 1 8- 1 7-1* 20c " y and 7-15 8- 40c 8- 1 .7-15 .'17'Ac (quar.) (quar.)— y / $2.50 Pulp & Paper— preferred (quar.) y Canada A Corp. at a point in . Ohio. operating revenues were $10,949,491 for revenues were $30,861,665 1950, A Western Life Common •First Ltd Securities Co.— i- (accum.) Western Kentucky Ins. Gas, 4.80% Co. net $1.12'A" income $4,343,830;-y"- was pfd. (Helena, (quar.)_ . v-"-;' ^ ftvtge. pipe line 8-15 *- 425c 9- 1 7-31 Notes 8- 1 7-20 30C 8- 1 7-20 Common stock •Additional 9-7 ' - $100 • • - - - -• mortgage (par bonds securing the - f3,000,000 shs. one or more series bonds,, subject to $60,000,000 , may the 7,500,000 * ' ., $5) in Outstanding % A ^ *:">\ 300,000 shs. . Mont.)— 0-15 ; .1968__/_^AAAlA:r_T:Tirl-fl $60,000,000 payable to banks___^_____i— 15,000,000 ries. due ' 30c, --'A'r/v- .Authorized bonds, 3% %- se- tPreferredAstock' (par 5.40%".series 1 «* ' CAFITSJ2ATION.GIVING' 'EFFECT TO PRESENT' FINANCING $1 Breweries, Insurance class rA . Virginia 4M»% Western Western ; (quar.) 7% 8-17 37'Ac (quar.)—___ (quar.) —_ Inc. 12- 8- Swift & Company— < 8-24 9- 25c - Vertientes-Camaguey Sugar (Cuba) Virginia-Carolina Chemical— ' "* 6% preferred (quar.) ; Virginia Coal & Iron Co Virginia Iron Coal & Coke Co.— 10- 1 50c - Corp, Oil, 7% Cap, Co. 35c __ 4% 7-16 9-10 Federal 8- 1 5c $13c* 7-27 1 8- $1.31'A 8-15 Co.— Sutherland Paper Co., new com. Extra Swan-Finch 8-15 7-20 25c (quar.) 7-18 Investment News 78- 1 25c (quar.) B 9-10 7-20 1 8- 15%; resident tax 7%>. 3 Expenses 50c Corp. Securities 1 7-31 3 7- 7-20 50c (quar.) (quar.) 10- (quar.) 9 1 1 7-31 1 Ventures, Ltd; 9- (quar.)_ preferred (quar.) 6% ' 8- 7-10 10- — 50c 50C General Corporation and 7-21 30c 50c preferred Suburban 00 Total preferred (quar.) 5% prior preferred (quar.) Valspar Corp., common ; $4 tax Previous 8-15 7-10 56c preferred Spring Electric 2nd * Corp. y Corrected 1 7-12 37'Ac (quar.) 8-15 37'Ac y (quar.)_ Less British income 9- 1 50c (S.) & Co. (irreg.t__ Wells Corp., common preferred (quar.) (D. A.) Oil Co., Ltd.— 10-20 1 Less Jamaica income tax. $1.06'A 8- $20c common 9-20 1 9- 7 8- — Co._„ 1 11- 20c Fields Gold a (quar.)__ pfd. 8-1 a $20c Co 10- 25c x common— Co., 4'A% 8-1 50c (quar.) 25c common Radio 8-31 12'Ac Camp Sea Food Co., Inc. (quar.) Vanadium Corp. of America.— Vapor Heating Corp. * 5% preferred (quar.) 6% preferred (quar.) : 8- (quar.) Co. 7 9- 9-29 8- — 5c Struthers A 7-16 8-15 $1.25 Strawbridge & Clothier, Class 1 1 $20c & Company Stevens Stuart 7-16 8- 8-15 common 1 7-10 91.75 $10c Bros. Stores, Inc. (quar.)___ Sterling Electric Motors, 4'A% preferred $1.25 8-1 9- 8-15 (quar.) 8-20 tPayable in U. S. Funds, less 15% Caradian non-residents' tax. $Payable in Canadian funds, tax deductible at the source. Non- A 3 Specialty Corp.— Pictures Knitting 5% 8-21 9-1 (quar.) 1 •Transfer books not closed for this dividend. 8-15 . Stercln Stroock 1 $1.25 Canada, Ltd., Preference 8-17 10- ' $6 preferred (quar.)__ 5% pfd. (quar.) Co., Upressit Metal 8-15 12'Ac (quar.) preferred Co. 1 25c (extra) 1-20 9- 5 7-10 50c 1 $1.75 Brothers, Ltd. (quar.) Etecher-Traung Lithograph— Steel 9- 40c B 8- 1 5 Net preferred (quar.)..—— Inc.— Utlca Etedman 5% 9- 40c (quar.) 6-25 8- 7- 1 75c $l5c preferred Ltd., (quar.) Shake. Inc. 'n 1 8-15 45c A (monthly) 8-22 8-10 25c 1 1 $1.06'A -■77 $1 convertible preferred (quar,).. ... 5% convertible preferred ' (quar.) Universal Leaf Tobacco Co., com. (quar.). 25c Brock, al5% 6- 8- 60c 5% Spring Co.— convertible Class Co. $37'Ac 8- 35c — (quar.) (quar.)— Upper Peninsula Power Co.; 5'A% preferred (quar.).. Stanley rets, (quar.) 7-31 (quar.). 8- , 8- $1.50 . Chemicals, Pipe & Foundry Co. 8-1 $1.10 . Ltd.— (interim) preferred 62'Ac U. S. Radiator Corp., eommon (quar.) y>9%. preferred ,Jquar.)----u,w.^.^iswi.*,i^ U. S. Spring Se Bumper,'commott (quar.)—r 4'A % preferred (quar.) U. S. Steel Corp.— 7-16 9- 8- 1 ' 28c 92'Ac $1.06'A common Co., Struthers Wells Corp.—Earnings Rise— 9-14 — Corp., 8-10 6% 1$1 ______ (J. S. S. Universal Silica 7-16 1 Zenith Y,)— 8-31 4'A% 8- 7-16 .Standard Steel 1 9- 25c - 9-12 — 8- 50c 8-15 8-31 7-16 Extra Standard 7-16 $1.25 iquar.) 7-11 37'Ac U. (quar.) 1 7- 15C (quar.) com. 7-14 $40c ' (accum.)_ 8- 7i 5 7-16 _____ 7-20 5 $1.033A pfd. 7-31 Corp.— 1 35c 1 7- 97'Ac $7 7-16 8-15 1 Universal Laboratories, Light, 7-23 28c (quar.) 1 7-16 $3 8- & Co. 8- 1 10% 8-1 Power 7-23 7-31 8- 175c 8-15 7-31 55c Railway Equipment Mfg. 8-15 8-15 27'Ac Jr. Manufacturers Machinery Corp., preferred (quar.)— $1 Standard 15c $1.50 8- 20c dividend Shoe $1 Standard 10-18 $31'Ac 8-15 par (initial). . —— U. S. Guarantee Co. (N. Y.) (quar.)—__— U. S. Hoffman Machinery Corp.— . 1 (quar.) Grain 7-31 (quar.) Standard Cap & Seal Corp.— $1.60 convertible preference (quar.) Standard Dredging Corp.— $1.60 convertible preferred (quar.) Standard Fuel Co., Ltd., 4'A% pfd. (quar.) 7-16 11- Investments, Ltd.— 50c 28c 28'Ac Co. 1 8- 1 Co._: Consolidated resident 6% preferred A (quar.)...——.... United Gas Improvement Co. (quar.)_ 12- Water 9- 1 8-10 8- preferred 138c ; 12-10 Stamford 9-15 7-10 ,10-15 87'AC (quar.). class A Corp., (quar.).. 8-15 (quar.) 10c $2.50 5% 0 135c 8-31 (quar.) 7-30 United Air Lines, 7-31 1 7-20 8-22 $2.50 (Rudolph) Co Yale & Towne M:g. Co. (quar.) Yellow Cab Co., 6% conv. pfd. (quar.) York County Gas Co., new com. (initial) 8- 7-31 8- V 25c Wurlitzer 8-15 7-31 7c Sons 6 '77.0 $1 $1.12'A $4 preferred (quar.) : $4.50 preferred (quar.)———Z Gas Co. of Canada, Ltd (increased). 7-10 ■i. Common A 8- 9-10 1 7-20 9- & 9-20 8-15 10- 25c 7-20 8-10 R.) 10- 1 $i.06'A _______ (quar.) 7-20 1 8- 25c deposit Mfg. 8-15 6-29 (quar.) American 8-15 9-10 (E. WTigley (William) Monthly •' Monthly Monthly c 9-10 preferred Worumbo 7-17 87'A 8c $4 " preferred 7-17 1 92'AC 50c $4 8-31 1 (quar.)—'———— Common j, 9-12 8- Corp. (quar.) 1 8-15 $1.25 ■ (quar.) 8- Missouri— of preierred 40c Co. 8- 15c A — pfd. (quar.)— 6% Service 25c 7 . : 50c V. (quar.) (increased) (quar.) 8-15 (quar.)— Public 7-13 25c common 7-20 7-20 (quar.) Light 1 preferred 7-31 _ Wiscoi.sin & 8- preferred 7-30 —_ Power 20c Inc., 1 1 40c Crampton Corp. Electric Power, $3.50 9-4 (quar.)_ & 7-20 1 8- Extra Wisconsin 25c 62'Ac _. Winters 3 8- 8- 50c y $2.50 $3.70 Spokane Portland Cement Squibb com. ., 633Ac $1.25 com. (quar.) (quar.) 7- 7-31 60C 75C Spencer Kellogg & Sons Inc. 8-24 : 7-31 8-15 $1.20 (quar.) (initial quar.) & Brothers, Inc. G.) 9- C2'Ac (quar.) Rubber & 8-15 $50c * preferred preferred $1.06'A — 62'Ac Asbestos 8-15 .preferred (quar.)—_ 4.40% -4.25% 8-15 $1 Wisconsin s-a) (quar.) $4.25 preferred Union Telephone— Service, 8-31 1 Gibbs Sewing Machine—: 5% 1st preferred (s-a) Hosiery Co., common. Common 9-14 9-14 & 7-16 10- (quar.) Public preferred preferred 8-21 (quar,)— iresumed) Works, 8-1 22'Ac (quar.) 8-31 7-'7 1 9-10 (quar.) Lines, 1 10- - Southern Railway Co. 5% non-cum. preferred 25c Quarterly Tyer Rubber, 4 7-31 8-15 $75c _ Winsted 7- 7 7-31 9- Chocolate, $5 pfd. (quar.)__ Co. 8-15 3- 40c _ Willcox Wilson 7-31 ______ South La Salle St. —50c (quar.) 3.70% Corp. Lamp 7-31 8-15 Oil 7-31 A Pipe Line Corp.— Co. preference 75c Southern Natural Gas Co. . 80c 9-4 10- $45c (quar.) 4-2-52 Wilcox 3-15 ____________—_______________ 7-17 United (quar.) Southwestern Gas 7-17 Co.; Ltd.— Associated lien 25c & 9-14 Co.— preferred (quar.) Southwestern Oil I tl5c (quar.) Power prior 8-15 — (increased preferred series 1 88- 75c Indiana Gas <fc Electric 4.80% . $2.55 (quar.) Corp. Quarterly True Temper $$1.25 00c (quar.)_ preference Southern Company 9-28 $1 +25c 40c $1.50 (quar.)_— Works 12-15 Trinity Universal Insurance Co. (Dallas)— 10- (quar.)— preference 4% 8-15 Corp. Trane ________ (quar.) Southern California Edison Co., com. 4.48% Insurance Transamerica — Lathe 1-2-52 15c (quar. 7-20 9-10* Bend Wheeling & Lake Erie Ry., 33 %c (St. Louis) (quar.) — Toledo Edison Co., 4'A% preferred (quar.)__ 12-10* South 7-31 ( (quar.)—_ common 9-20 9-20 Co. Co., preferred 75c Corporation Smith (Howard) Paper Mills, Ltd., corn..— $2 preferred (quar.) Solar Aircraft Co., 90c conv. pfd. (quar.) •V Title Power 1 8- 12-20 Pulp Water 10-10 50c O.) I , (quar.) 25c 12-14 75c Soundview Company— ' preierred Cotton Mills convertible $1.35 9-17 75c (A. 8-31 8-15 7-31 10- (quar.)__ $$1.12'A 50c (quar.)__ $1.433A (quar.)___ pfd. Corp. 8-10 Quarterly Smith 7-17 50c 4'A% i 15c J25c (quar.) 9-13 1 Co._A_ Instrument 9- ._ common Iron & 9-15 ; 60c Coal 25c Quarterly ■ i Electric 8-10 _ 5% Oil Skelly (George), Ltd., Weston 1 t25c —— Corp. (quar.)_: Co. (quar.) Weston 9- 15c 110c (quar.) Western Dairies, Company Westmoreland 7-10 7-20 Wilbur-Suchard Mines, Ltd Silverwood Dairies, Ltd., class B Class 7-10 1 9-15 Silver-Miller Simmons 1 7-20 ■ — 1 1 8- 25c 1 156'Ac t75c (quar.) 2- 10- 25c $7'Ac 8- Thomaston 50c 5% 2-15-52 $1.25 $12'Ac 8- 25c Mfg. Co. (quar.)_—_— preference (quar.) _____ I (quar.)_ 7-31 $1.14 91'Ac pfd. (quar.) 1 11- Ltd.— 1 $1 $1.06'A +30c 150c preferred (quar.) Sierra Pacific Power, common (quar.)--—>:j. 6% preferred (quar.)————— Silverwood .y'y'' $1 (quar.)_ ——.— Co., 8- 11-15 (quar.) Westmoreland, Inc. 1 8-15 $1.25 (quar.) 8- , Shirriff's Ltd., A B 8-27 10- (quar.)— common Extra •* Paper Class Class 9-15 25c $27'Ac (s-a)——,.-———-——————— Williams Westminister 7-15 8-27 62'Ac Corp. of America, common (quar.) Sherwin-Williams Co. of Canada, Ltd.,(quar.) i 9- 8- 9-15 8- $1.25 7-10 Sheraton Sherwin 10- $1 $1 Tv" convertible $2.50 7-16 (quar.) 1 25c (s-a) Extra A pfd. $4 3.65% 1 8-15 — 5% preferred (quar.)__ Westchester, Fire Insurance Co. 8- —— pfd. A (quar,). redeemable pfd. B (quar.) Winnipeg Brewery, Ltd., cl. B. Class 9- $1.27'A 5% 9- 10- - 333Ac 333Ac 15c 31'Ac 35c redeemable 4'/2% 9- 10- $1.16 45c 65c Sharp & Dohme Inc., $4.25 pfd. (quar.)-— Shawinigan Water & Power Co., com. (quar.) v Glass Co., (quar.) 8- 75c $1.25 8-14 27'Ac — (increased)— Corp. Light 7-16 31'Ac — 8-14 $1.25 $1.25 (quar.) (quar.) Leather Shea's $2.40 Tide preferred (quar.) . $1.35 convertible preferred (quar.)__ $1.35 convertible preferred B (quar.)— Securities Acceptance Corp. (Omaha), com. 5% preferred (quar.)—— Security Insurance Co. (New Haven) (quar.) Seton 10- 1 (quar.) com. 9-1 convertible Sharon $1.15 preferred A (quar.) preferred A (quar.) 8- preferred A (quar.)____ 5% Co., 9-1 (quar.) com. 5% 9- Railroad Holdery Payable of Rec, 40c White Sewing Machine Corp., common $2 prior preferred (quar.) Whitehead Brothers Rubber (quar.) — (quar.)_ preferred 6s preferred Thatcher 7-17* Container Corp. conv. $2.60 preferred A preferred A 9- 10- Pacific 125c —— Scythes & Co., Ltd., common— 5% preferred (qaar.)_ — Seaboard Air Line RR. Co., 5% 10- $1.06'A Western 31'Ac (quar.) 5y2% 7-27 91'Ac SIM1/* 25c (quar.) preferred Seaboard 8- 1 8-1 8-15 Co.— 3.65% Scranton Power Thermoid 4.30% i,.. 85c $1 —- 7-17* 25c — (quar.)— Co— Dillon $i.02'A 7-20 $4.36 preferred oreferred $4 Scotten 9- $1.16'A When Share 10- 25c Scott Paper Co.— $3.40 Co\npany Western Light & Telephone Co., common— 5%.: preferred (quar.) —.—_— 35c . 7-16 1 7-30 27VaO preferred A tquar.) 6y2% 1 Name of 6 Co.— (quar.) 4.10% preferred (quar.)— 4'A% preferrred (quar.)——— 4.60% preferred (quar.) 4.65% preferred (quar.) — 4.64% preferred (quar.).— 5.10% preferred (quar.) — Texas Electric Service, $4 pfd. (quar.) Texas Gulf Sulphur Co.—-— 1 9- —— Common 3 8-15 9- 9-20 50c Tennessee per Payable of Rec. Share Name of Company Holdert When Per Holdert Payable of Reo. Monday, July 30, 1951 ... be ''•* ; * * v 10.0.000 shs. 2,230,915.6 shs. issued under restrictions the contained Volume 174 Number 5033 The Commercial and Financial Chronicle .. , (407) therein. The total principal amount of bonds which may be out¬ standing at any one time under such mortgage is limited to $150,000,000. tShares of preferred stock may be issued by the directors in from series of the time, corporation, increased $40,000 cise to time from shares of stock amended. as 100,000 of United Air Lines, shares The to stock common options. auhorized 300,000 shares reserved are preferred July on for stock issuance 17, was 1951. upon tMail cerain Pfd. chase by such investors of $37,000,000 of first mortgage pipe line bonds, 4% series due 1971, subject to the exe¬ cution of satisfactory bond purchase agreements which are in the process of preparation but have not-yet been signed. Earns, after announced July 29, 1, as the of such to proposed terms subject and to proposed,, conditions and such is to sell (The) investors are of pilots' a the posed rather July supplemental indenture under which such bonds afe to be js to call for a sinking fund to retire $1,080,000. principal stock that the "date tionately increased of bonds date a by the two supply" exhaustion of available of they will operate fund prior years set that so sinking forth in to such "date the to are retire to of be the the fund sinking propor¬ entire certificate. of . turned •Bacon, A. - Co. Baird Burge G.-Becker & Co., & & Brown & Dodge & Clark, Courts J. , & M. The 1,500 F. Co." ; 500 Co.——L:-J: The Boston First Nolan Fulton, Reid R. 'i Parsons ' period, in • J. • J. B. Hilliard Hornblower W. E. Co.— & Hutton Johnston, Stein & Co._—1.500 Lemon Co.— W. Langley & Lazard Freres Co & Co,_: " Higginson M. Loeb, Rhoades & Co. Laurence A. E. —V. :* M. Corp Marks Masten 174, & Co & Walker Corp. Harold I E. & of Texas Gulf .Producing Co. 3 Months Ended March 31— ? Gross profit from Profit before income Co.—'— to r? Provision 'Special for income and taxes—— ; Net. income . Capital outstanding Earning?, per .share ♦Reserve $822,049 1,1Q7,062 fbr'possible I dry holes and• surrender ;i VAiAA/pA/AiX A'-A of Period End. June 30— 5 L series due to through proceeds are Mitchell-Hoffman to Transue be & used to drill Williams Steel 6 Months Ended June 30—; Operating profit Total ■ Co., be Inc., 1971 * ^ ($10 par amount Federal depreciation, etc.— Atwill bonds jthem ~ and 1588. ' 108,000 Truax-Traer Coal Co. (& Year Ended April 30— •• ' sales and other income— ': ■ , before for v.. $57,855,673 $26,439,680 $35,354,463 • 6,355,823 V; 2,229,621 6,575,318 taxes——.— income 1949 taxes,. — 2,330,000 Number 2,090,000 $1,514,621 $4,485,318 1,503,460 ■•*■1,379,145 1,477,656 985,107 985,107 $1.54 $4.55 ——1— capital Earnings The paid 715,000 —ji $4,025,823 profit—- shares—^-1,103,507 share—,— per company recently aonsolidated its the rate of $500,000 per yeat 'over >' $3,65 , $6,000,000 from two Chicago-banks and at : lcng-term. debt by borrowing an insurance company, payable the next 12 years. '. . Working capital at April 30, 1951 amounted to $8,062,194 compared $5,125,394 a year ago, an increase, of $2,936,800.—V. 173, p. 2394. ';■' ;-■-■'. ' -ttVpr* ■ ' with 1 Union Asbestos & Rubber Co.—Earnings— 3 Months Ended March 31— Net sales I— L : Profit before income Provision; for income taxes—277,757 taxes—jl„— Net income-,— ; Capital shares outstanding——^.— — Earnings —V. per $2,530,778 — $1,687,160 ; '-1949 14,218 $2,889,786 606,811 5,403 ' 123,741 $154,016 - : " be made fund $8,815 $376,223 Herbert E. & sale of these be used it The purposes. program of retirement, He will the natural United prices be and 174, The gas. United which Authorized Cost as the and Interest Estimated estimated is 100,000 S. existing and Net L.. Day & & Francis J. Fauset, & & duPont During Si A, M. Carl Company Si Kilter Si Co..— rS&b, Rhoades Si — Co 2,000,000 150,000 Hirsch & Co 1.650,000 300,000 —1,-000,000 Illinois to Si Beane— M. Martin S. W. & Inc. $1,033,243 ♦$1,057,681 176,760 — 767,941 share—; to date 738,980 $1.11 $1.19 ,. , , ; _'•:'■"• . warrants :j the to Services, Inc.—Files—Rights— The 173, p. July on 9,573 record proceeds 1280. filed 16 shares of of be of stock $16 at 10 to are letter a common July to used to par) share, apply \■, . notification (no per note on the with be offered, without under¬ bank. to A -• v- ^ Western Auto Supply Co.—Earningsperiods End. June 30— retail Net Total $20,095,502 $21,155,036 17,222,279 ..... sales Si Inc. taxes 3,621,339 profits exc. _-J share— earnings 174, per 231.. p. 30,621,118 6,241,085 3,523,904 1,031,495 / ' 3,551,873 1,368,040 > 2,264,193 earns, 38,576,006 2,666,259 ^ taxes Net 1951—6 Mos.—1950 $34,561,250 $34,820,199 17,001,702 $37,317,781 $38,156,738 $73,137,256 $65,441,317 before inc. ' 1951—3 Mos.—1950 sales..— wholesale Net • $1,357,146 <,$1,634,764 $1.81 ■• : / /• • • , $2,689,212 $2,155,864 $3.58 $2.67 $2.18 . ■';,:■•• ., 'v v Wilcox Oil Co.—Earningssix Months Ended June 30— §Re- Gross Net of the be . pur¬ Provision Net 500,000 100,000 C. Co...— * 100,000 SEC by company, covering 300,000 150,000 Co 200,000 Si & Co.. 2,750,000 Hutzler 3,500,000 & Co., A Swiss Deane 100,000 Scrib- St A 500,000 Brothers St Co The the The supplied be by statement $2.50 be to with the value. par sold underwriters Lee Higginson Corp. is public offering price and amendment. None of the CO., Si Wertheim ' • , ,' Co.—Stock v „ This has company, received of Boston, promissory under¬ reduce bank loans.—V. 174, p. 231. Co 250,000 SEC New England authorization time in Issue to to ; Electric System The First (Boston), National to time but not later than Sept, amount not to exceed $1,000,000. Bank 30. 1951,; Procefds used to pay for construction work or to reimburse the treasury because of prior construction expenditures.— be to are subsidiary of from notes company's Corp.— Noel 1,000,000 1,000,000 300,000 St Corp. Co an 100,000 Wyatt, Neal & Waggoner 231. . ■' ' _ The SEC company covering A ■ or 20 on $225,000 years, July 23 of 6% which are July 23 that.Jbe stockholders have oversubscribed the 1,065,330 new-common shares which the company fered them through rights which expired July 19. of¬ ■' • 1 r " filed a of notification with the deferred debentures due in letter cumulative to The world's largest single unit for the will on ' Worthington Pump & Machinery Corp.—Contract—» 100,000 announced , be issued at par (in denominations of $100 each), without underwriting. The proceeds are to be u»ed to make loans and for workirg capital. : 10 5, 250,000 Co., Inc. p. Workers Finance Co., Newark, N. J.—Files With SEC 400,000 3,500,000 F. was Offered—An Worcester County Electric Co.—Bank Loan— V.' 174, Inc... & Newell & The proceeds are to be used to 150,000 — Yantis Issuer. syndicate, which included J, M. Dain & Co.; & Hopwood and Woodard-Elwood & Co. on July 25 publicly offered 50,000 shares of common, stock (par $5) at $11.75 per share. 100,000 Dabney & the to 150,000 Company—v Alstyne payable now has Jaffray Co.—_ American Offering Oversubscribed—It to company. underwriter. to are stock, are writing Piper, Si Strauss 150,000 S. registration a common shares, 26%. & Stokes Stokes & be will company 180,000 Co. Si Leach.. Agee LoWber Thomas ™ 100,000 400,000 Stroud of principal terms of outstanding and stockholders the as filed 19 shares now are Winston v— S. July on 180,000 shares certain The Hughes ner J, ~ & 500,000 Inc. Walter $1.59 •• Co., Inc., Pittsburgh, Pa.—Registers With Securities and Exchange Commission— about Co., Hutton $ Pomeroy, Inc. 2,400,000 Scott, Horner St Mason, Edw. share per 150,000 Si _r_.—— Sterne, 100,000 $343,297 $U2 outstanding 403,024 shares of common stock. constituting approximately 44.7% of the total outstanding, are being sold by Harold E. Williams and his wife. Williams is President and a director of the company. After such sale, their aggregate holdings will be reduced to 104,640 shares, or Schmertz Stem 443,297 140,000 $448,013 Williams Schoellicopf. Singer, $4,719,401 * 588,013 ' proceeds Rothschild Inc. 1950, $5,328,667 _ 100,000 Salomon Bros. R. income— on 100.000 r..———A.™—*' St F. taxes income on 173, p. 1797. The 2,400,000 taxes for for prov. income The — 1951 f _ bef. income —V. ~ yj: income income 200,000 Tyson 250,000 •767,000 Co.—_ Raffensperger, R. Co.— 917,000 income.,.. on 1951 year 54,850 corporation writing. Net 400,000 -— Van —... <125,451 Co.— Pollock Townsend, Si 1,147,732 437,202 83,126 & Pizzini E. 300,000 Co 417,464 • Palmer Newton Roger 300,000 & the stockholders —V. Lyulk,- Fierce, Company.. Indianapolis Bond & Share Corp. Johnson taxes 27,401,744 10,858,306 1,243,138 A expenses—— : covering Earns, 1,650,000 Fenner 100,000 — 31,157,572 12,416,208 outstanding. Welex Jet The SEC 4In- / • Co. Si & Co commit¬ , i U. Merrill L. 200,000 Hayden, Stone Si Co.—_ Heller, Bruce & Co Kaiser to Kean, vTaylor & Co.^— Ketcham & Nongard... Inc. Marshall Hallgarten H. amounts Rand 350,000 finance company has purchased In the buy common stock. As of July 7, 1951, the number of warrants outstanding was 63,142 Vi, against an original number of 291,487V2.—V. 173, p. 1703. ; ■•/Fed. $366,000 underwriter? principal 100,000 V The several Co., Inc.„_—— Rambo, Close & Kerner Co. company. -July 7,1951 July 8,'50 $47,267,751 $41,971,936 common market Net the Si 250,000 the ♦Adjusted to reflect retroactive increase in taxes. parts corporation Wm. Co.— & Freeman Harrison and the 100,000 200,000 ... of member a V the Co.—Earnings Increase— income per and ' 300,000 Co.,A V- ••;./■■ Inc. 4——100,000 Green, Ellis & Anderson 300,000 Gregory & Son, Inc.— 750,000 M., M. of 2,000,000 Co.___ Steele Ferris series Peters, Writer & Christensen, Inc. —: 200,000 & Co.^ Merle-Smith Dreyfus series B. Shelby Cullom Davis & L. Federal shares 11,718,632 Shs. future 150,000 —„— K. Cunningham Si, Co., Inc.——„ and ; Officer, announces 25,000,000 12,000,000 shs. of 200,000 250,000 300,000 insurance ■ administrative Common engaged serves 300,000 Co. & Co be / with years — E. 3,500.000 to are of group Executive 38 .i Earnings —V, 150,000 Sc after long-term debt premium on debentures retired.. 750,000 Parker director a Chief 31, on Call 50,000,000 respective .'200,000 and of General the 31, value)—. names a exps. incl. advertising..—. Depreciation of bldgs., machy. and vehicles $#102,771,000 423,933,000 J terms $5,000,000 which the goods sold Delivery and selling Outstanding 1970..W$300,000,000 1, underwriting under¬ transportation, < System 1 and the -principal as . Aug. 11. p. income Gross at from corporation gathering, named 27 Weeks Ended— & ranging will presently System purchase, price Chairman effective continue tee.—V. corporation to the United Gas the been is the of B series ' bonds by construction has Co. the financing, together with obtain through the sale to of Smith, his United week redemptions 230,588 475,178475;176*^ "~475,176 ! $0.32 " $0.02 ^"$0.76 at the with stock, .. underwriting Clayton- Securities Corp. C. C, Collings and Co., Stock . share—————„- 173, p. 385. 1950 former next statement preferred 2095. named ... 1951 to made registration a cumulative United States Rubber Co.—Smith to Retire— based 100,000 Cassell & Co., Inc. Central National Corp.. Foster Net Dividends is 200,000 F. Dick -1950 stock be filed of common Co.. ----- Co, 1951 , income $1.29 A':., are p. Milhous, and 135,500 Subs.)—Earnings— / Mohawk July 20 shares to Mullaney, Wells & Co,. Newburger, Loeb Si Co.. Broome R. Net Provision - ( the 14 months ended June 30, 1951, the company made expenditures for new plants and facilities, for improve-f existing plants and for timber. Further capital expenditures contemplated, though not necessarily at the same rate.—V. 173, me'nts 100,000 Burnham $175,665 135,500 $2,06 ';;"/ ' ■ $8,500,000 of 200,000 Stockton C. 715,000 — ' r 5.25 debentures (pursuant to negotiations now being will be aded to cash funds of the company and will be increased working capital and for other corporate pur¬ as Co. Redpath 1950 283,665 & Bear, Stearns Si Co Branch, Cabell Si Co , $267,000 Earnings .^per^sharc-------p. 11.31 7,515,549 on Dillon Company—. Inc. 173, $11.21 4,455,262 During the over are set forth in the table below:' Robinson and Auchincloss, per $1,030,294 income, taxes. shares— Value Per Share $44,947,293 convertible),' proceeds available receive cash value treasury. July 1951 to extend maturity to July 1, 1953. series Aspden, 4 $361,367 capital 278. p. poses. received, will corporate authorized roeder, -Inc. ——-—i Arthurs; Lestrange ft Co. The ^ 1951 Niagara may 1952 — the $1 at L. the stock and Halsey, Stuart & Co. Inc. $7,300,000 Allison-Williams Co. 150,000 Amer. Securities Corp._ 1,000,000 Geo. G. Applegate & Co.-* 100,000 Arnhold and 8. Bleich- Forging Corp.—^Earnings— Net Profit with 1,076,387 for Number —V. offered * : Baltimore,. Md. > income Provision . after & wells. will asset by corporation's in chased by Trans Western Oil & Gas Corp., Baltimore, Md.—Files With Securities and notification of sinking July 1, 1971 banks (due Dec. .. Exchange Commission—.. from UNDERWRITERS—The 12 filed a letter of notification with the covering 200,000 shares of" common stock (par 10 cents) to be offered at $1 per share through M. J. Sabbath Co., Washington,\D. C. The proceed? are to be used fojr working capital- " J share by stock¬ 174, Asset Value — Fund 60,000 $100, conducted), and Mississippi and also extends to Mobile, Florida, and to ,the International Boundary at Jan. to stock Aggregate flnanced July The corporation Lon' July II iiled a letter of SEC covering 300,000 shares of common stock net cluding $1,824,000 principal amount of the 1967 principal amount of the 1970 series purchased during May 1951 • and are held in the SEC , due Common tAfter on taken among privilege,—V. expects to companies of 15-year . CAPITALIZATION GJVJNQ EFFECT TO PRESENT ^FINANCING series * corporation allocation ■/ . — company retail ■ Tiger Tractor Corp., Keyser, W. Va.—Files With SEC The their Offered—Halsey, Stuart bonds 1951» preferred' dividend requirements. ...{Including a non-A recurring gain on the disposal and leaseback of property, amounting to $li733,000; or $1,45 per share.—V. 174,- p, 192. r the while of 1951—6 Mos.^-1950 : Net 200 shares. surrendered; this ratio were production, sale L°ul8iana xas' u SNotes payable i of constitute the 3s/a % 172, ' 1951—3 Mos.—1950 bonds 1951 Co. ne 23/4% sales i ♦Loss,, , The public offering supplied by amendment. were average share mtge, and collat,. trust bonds— 23/4% series due July 1, 1967 . $23,144,000 $17,150,000 $49,197,000 $34,128,000 Net profit after taxes— *2,342,000 >1,222,000 43,924,QQO ',3 *820,000 ' Common shares outstdg. 4 >1,195,817 1,132,631 ' 1,1§5,817 1,132,631 tEarns. per.com. share-* V $1.89 ■( Nil AaA"*-'$3.13'-.Nil ; for oversubscription writer. the were Pensacola, Te^as. Among the important' cities served with natural gas are Beaumont, Houston, Laredo, Longview and Marshall, Texas, Bogalusa, Lake Charles, and Monroe In Louisiana, and Biloxi, Gulf port,. Laurel and McComb in Mississippi. Textron Incorporated (& Subs.)—Sales & Earnings Up Net the other and 1st % leases.^-V. that stock tendered who value Eastman, effective were stated ; common the for in at $631,633 - p. 1140. ten under , corporation covering Corp. July 24, 1951. Former holders who exchange for the Niagara Mohawk In one Gas Alabama, . ! 1,080,812 $9-3* vx-> Power United 192. par, Laredo, „ . shares to more the °ver:all construction ia Pipe VT951AA v < r 1950 $2,65,7,489 $2,266,988 '1,247,049 * * 775,929 z%■ 225,000 r 1144.296 ^Dr20Q;000 J— reserve"-' each shares 728,423 Fund 2500. p. (par Pipe Line Co., a subsidiary, for the years 1951 and 1952 approximately $170,000,000. ; : BUSINESS—United Gas Corp., Union Producing Co. and United Gas 500 LL- • 173, open part principally —Li.— taxes—L_——_ available be their Accumulative SEC of United aggregates a, sales-——L£2i— 100 to par. in United t . , the shares of United for additional System 1,500 & . He their $4.47. turned in odd-lots who on 1951 or redemption to finance Co.—3,800 Wood A,. , in holders was Corp.—Bonds bids distnbution < , 11, PROCEEDS—Proceeds 6ale 3,800 Dean Witter that hold their which 1951. remaining holders share per receive p. —_ 1,500 500 sub¬ for United States Plywood Corp.—Files With SEC— - other 102.37% 1,500 Co.— 1,500 Co.-,- & 174, 104-87 % Weld Si Co._J„-_A-_ 3,800 Whiting, Weeks & Stubbsj750 - —V. Co. Inc. and associates on July 26 offered $50,000,000 of first mortgage and collateral trust bonds, 3%% seriesdue 1971 at 102.367% and accrued interest. The group won award of the bonds at competitive sale on July 24 on a bid of 101.65%. The offering was oversubscribed and the books closed. — General 3,800 & July shares Gas Securities 2,000a. Co.—' & 107. ' p. Co.- & Webster Securities H. 750 Co.—,— 1,000 Boyce—— 1,000 Anthony G. primary their $17.50 additional an Fund United Science viz: Morgan, Stanley Wilite>"Weld & Co. and Equitable Securities Corp. (jointly), 101.60;-,and First Boston Corp., Harriman Ripley & Co. and Goldman Sachs & Co; (jointly), 101.39999, both with a 3% % coupon. ' 'White; —^ 1,500 for will exercise Income United relationship of 97% of United's average net asset value during offering period to the average closing price of Niagara Mohawk during the offering period. & Trask Union 3,800 Lee Carl • Bros. & the to Mohawk offers 24, turned the Two 2,000 Corp. Spencer 3,800 3,800 & "V: 2,000 2,000 Tucker, 1,000 Co.—:—__ & 500 Hutzler— Smithers Stone Loeb C. S. 500 Kuhn, . Son F. 2,000 Co._— 1,500 & Singer, 3,800" shares Ward Baking Co.—1,500 & for United 1,500 Bros. July who will 750 Company Deane Si Scribner— Shields Weeks_ 2,000 & • - Salomon 100 expected.—V. 750 Co L. F. Rothschild of Niagara Distribution of cash and Niagara Mohawk holders who surrendered thslr stock 1,500 Co._:_ & & & for holders of from based 5.2125 50O Gardners & share per each the Jackson. & Pressprich Riter applied • United perma¬ 1588. p. announced elected United's on United stockholders will 1,000 ; , Reynolds 500 173, at ' Total *$0.13 reflect 3,800 — Company———.. Webber, Reinholdt & & Ohio W. who The 26 had following the exchange value stock on .£>-• Co & Co Curtis 500 Corp._ 1,000 Corp.. 3,800 Inc Turben Paine, - to - '•stock 750 Fen- S. - Co.—— 500 Harriman Ripley & Go., Inc. 2,500 Hayden, Miller & Co._-^___ 750 Hemphill, Noyes, Graham, - . Compan^—, Milwaukee 1 The 1,500 Securities Folger, & Moseley & Co Newhard, Cook & Co 1.000 1 & Merrill, 3,800 Sons_._— Co., Dain 1,000 500 Inc Equitable - Inc. Co,.. Inc.— Alex. Co., McDonald Merrill Lynch, Pierce, Co.— a 500 i V ner & Beane„_ Kraus & Blyth v Inc.—j-7,200 Co., Inc.— 1,500 Whipple •& .Robert W. Ball. & and asset stock • Read Allyn most were assets common UNDERWRITERS—The names of the principal underwriters of the shares of the 5.40% preferred stock, and the number of sh£r|s thereof which each has severally agreed to purchase from the "bhfporation, .'are as follows; •.<?-; V'*'. ••.A;...1'' " " ' A \'.A'Aa ' • A; AA Shares v.* Shares C. expired July it under stockholders and net $4.4278 < Dillon, exchange and of net offering ,i A. 1951 strike.—V. shares cash exchange Former issue AA'A'A; -r' for indicated immediately preceding exhaustion of available gas of June, approximately $62,962,000 based on indicated market quotations as of July 24, 1951. The approximate number of shares outstanding were 14,071,800 and the date payment the supply"* gas is a date earlier than July I, 1973, due after the filing of such certificate 1951, holders United's on of United or portion odd-lot ^amount of such bonds on Jan. 1, 1955 and on each July 1 and Jan. 1 .thereafter. In the event that a certificate of available gas supply, the corporation is required to file with the trustee ..annually, shows 209 992 «. under share United Funds, Inc.—Asset Values June 30, 1951— (Del.)—Majority of Stockholders President, than stock 11, major 'which ,eorporatiou instalments Corp. M. Hickey, approximately 97% stock common ^issued United :V; Wm. the expansion 17,420 holders Will Continue to Hold Shares— such bonds prior to June 30, 1952 if a certificate satis¬ corporation shall have been granted prior -to Oct. 1, Federal Power Commission with respect to the proposed program. Such agreements are to provide for the payment to by corporation 202,300 also , in shares the purchase factory T051 the agreements $1.31 $0.71 - Under $0.88 Only ?$59,370 reduced were result a $2,957,558 1,047,910 buying one . ; $1,934,311 104,671 for of oversubscription privilege to subscribe for stock not stockholders under their primary subscription right. Other by the Civil Aeronautics Board for the periods tOperations were interrupted from June 19 to 1947. 1951 their 239,110 667,410 • 99,776 share.. com. 3,392,532 857,067 tMail revenues rates 1,313,402 $1,585,724 requirements— per ♦Loss. June (net) earnings div, nent 1,862,141 applied privilege held. Stockholders * ;fc adjust, pay Net 1 in- taxes come shares revenues State exer¬ To Place Bonds Privately—The finance committees of institutional investors have authorized the pur¬ , Stockholders scription $1951—3 Mos.—1950 U951—G Mos.—1950 $30,436,355 $26,029,042 $58,220,936 $44,392,652 expenses 25,770,371 22,754,923 50,556,422 43,925,240 Other deductions (net), 361,052 26,406 647,014 287,672 Federal and •' - Inc.—Earnings— Period End. June 30— Operating Operating provided in the certificate of incorporation as 51 manufacturing of Ethylene employ Worthington centrifugal compressors, driven by Worthing¬ turbines, and a turbo gas expander to be used for recovery of temperature from product to battery limits. The unit is being built for the Gulf Oil Corp. at Port Arthur, Texas, by The Lumi»u« Co. New York, designing engineers and constructors for the petroleum ton » M.1 steam AUntY«inri1 __U 1*7*5 T1 1 7A7. , 52 Chronicle The Commercial and Financial (408) . . . Monday, July 30, 1051 STATE AND CITY DEPARTMENT NEGOTIATIONS BOND PROPOSALS AND ARIZONA Maricopa County, Kyrene Sch. Dist. No. 28 (P. O. Phoenix), Ariz. Bond Offering—William O. Click, Clerk of .Board of Super¬ visors, receive sealed bids until 2 p.m. (MST) on Aug. 13 for the purchase of $45,000 bonds, as will 000 bonds sewer 2%s. $55,000 Due 2y2s. 120,000 Due bonds. Due on July 1 from 1953 to 1962 in¬ 1970 Due on June 15 in school 10,000 bonds. on from 1953 to 1962 in¬ July 1 clusive. bonds The dated are July 1, Interest J-J. 1951. ' San Diego County (P. O. Diego), Calif. San Bond Offering — T. H. Sexton, County Clerk, will receive sealed bids until 2 p.m. (PST) on Aug. 6 for the purchase of $390,000 build¬ ing bonds. Dated Sept. 15, 1951. on Sept. 15 from 1952 to 1976 inclusive. Interest M-S. Legality approved by Orrick, Dahlquist, Due Deff & Herrington, of San Fran¬ cisco. Corte Sch. Fresno Dist., school 000 Aug. Dated bonds. 1, 1951. Due on Aug. 1 from 1952 to 1971 inclusive. son, will Clerk of Board of Trustees, p.m. (PST) Ind. Gordon W. Hays, Secretary of Board of School Trustees, will receive sealed bids until 7 p.m. (CST) on Aug. 3 for Interest F-A. on : Legality J-J. Interest approved Dick Pershing, Bosworth, Dawson, of Denver. by Hamilton Township & (P. O. Ind. Offering—John B. Lotz, R. R. 7, Muncie), Bond sealed bids until 2 p.m. County (P. O. Santa Rosa), Bloomington, /W. California receive (CST) on Trustee,: will Township ILLINOIS Aug. 14 for the purchase of $180,- / 000 school bonds, as follows: refunding $90,000 School Township - bonds. bonds was purchased by Blyth & Due on July 1, 1952 to Jan. ay the Bank of America National La Habra Sanitary District, Orange Trust & Savings Association, ot Co., of Chicago, as 1.90s, at a price 1, 1967. of 100.01, a basis of about 1.89%. San Francisco. County (P. O. Santa Ana), 90,000 Civil Township bonds. California Due on July 1, 1952 to Jan. Cook County Sch. Dist. No. 130 COLORADO Bond Offering—Sealed bids will : 1, 1967. (P. O. Blue Island), III. be received until July 31 for the Adams County Sch. Dist. No. 14 The bonds are dated Aug. 15, Bond Sale—The $725,000 bonds purchase of $60,000 sanitary bonds. Interest J-J. Legality ap¬ (P. O. Adams City), Colo. offered on July 12—v. 174, p. 53— 1951. proved by Ross, McCord,-Ice & Lower > Lake School District, Lake Bond Sale—The issue of $331,- were awarded to a syndicate com¬ Miller, of Indianapolis. j County (P. O. Lakeport), Calif. 000 construction bonds was pur¬ posed of Harriman Ripley & Co., of about 2.55%. Bond Sale 000 school — bonds purchased was water 000 of $660,- issue Sale—The Bond The issue of $24,- revenue • Bond Offering—The County chased by Bosworth, Sullivan Clerk will receive sealed bids un¬ til Aug. 6 for the purchase $25,000 school bonds. of Co., of Denver, and Associates. & Inc., R. S. Dickson & Co., of Chi¬ cago, and Braun, Bosworth & Co., Inc., at a price of 100.001, a net Denver (City and County), Colo. interest Bond Madera, Calif. Town, — sealed receive Windsor Union Sch. Dist., Sonoma 316—were awarded to the Bank p. ings Association, of San Francisco, as 2%s, at a price of 101.54, a basis School District, Unified Angeles County (P. O. Los Angeles), Calif. Bond Sale—The $125,000 school bonds offered on July 24—v. 174, Union County (P. O. Fresno), Calif. Bond Offerings-J. L. Brown, of America National Trust & Sav¬ CALIFORNIA Coronado City Sch. Dist., Los Due Offering—Pauline Ander¬ Bond inclusive. 1975 to Offering Bond bids until 8 the purchase of $72,000 joint Aug. 6 for the pur¬ school building-1951 bonds. Dated chase of $324,000 school building July 1, 1951. Due on July 1, 1952 County Clerk, will receive sealed bonds. Dated July 1, 1951. The to Jan. 1, 1961. Interest J-J. Le¬ bids until 10:30 a.m. (PST) on bonds shall mature and be payable gality approved by Ross, McCord, Aug. 14 for the purchase of $81,- on an annual amortization plan. Ice 8c Miller, of Indianapolis. ferry 15 1971. and Hermbsa Beach clusive. ' June on from 1958 to 1969 inclusive. Home), Ida. Due on June 15 from 15,000 3s. 1968 15 School Hagerstown County Ind. Class A Sch. Dist. No. 6 (P.O. Mountain Elmore 20,000 15 June on inclusive. 1957 to 2%s. Due on June from 1958 to 1967 inclusive. purchased 1957 inclusive. 1952 to from 20,000 23/4s. school was by R. H. Moulton & Co., of San Francisco, as follows: follows:- $35,000 1952 INDIANA IDAHO $12,000 3%s. Due on June 15 from Gridley, Calif. Sale—The issue of $195,- Bond Sale—The $1,301,000 pub¬ Indianapolis, Ind. ; $1,200,000 notes Note Sale—The offered on July 24—v. 174, p. 317 to a syndicate follows: of cost about 2.75%, as awarded were — bonds: composed of the Indiana National bonds offered on $24,000 building bonds, as 21/fcs. Bank, American National Bank, 173, p. 2656 — were Fletcher Trust Co., Indiana Trust Angeles), Calif. 278,000 building bonds: $50,000 awarded to a syndicate headed by Bond Offering—Harold J. Ostly, Boettcher & 2Y2S, due on Dec. 1, 1970, op¬ Co., and the Merchants National Co., Bosworth, Sulli¬ tional on Dec. 1 from 1953 to Bank, all of Indianapolis, at lVt%. County Clerk, will receive sealed van & Co., and Associates, as fol¬ $25,000 3%% street improvement 31 Bonds Publicly Offered Montebello Unified Sch. The — Bank of America National Trust & Savings Association, of San Fran¬ is offering the following cisco Los bids bonds. Due 1952 to June on 15 from inclusive. 1956 bonds. 1957 Due to street Due bonds. 15 inclusive. 1965 3% 55,000 June on from ^ June 15 1951. are Interest ; 15, J-D. a.m. (PST) purchase of bonds. Due Olivehurst lic improvement July 25 on Dated & 1951 (PST) on Bank of America National Trust & Savings Association, of Francisco, as 3s, at a price of 100.45, a basis of about 2.94%. San El Camino Union School District, County (P. O. Placerville), Calif. El Dorado Bond Sale—The issue of $90,000 bonds was purchased by school the Bank Trust & of America Savings National Association, of San Francisco. Fairview y County Water District, Orange County (P. O. Costa Mesa), Calif. Bond Sale — The $300,000 water works-1951 bonds offered on July 10—v. 174, p. 145—were awarded to Barcus, Kindred & Co., of Chi¬ cago. Fresno City Unified School District, Fresno County (P. O. Fresno), Cal. Bond Offering — J. L. Brown, County ClerK, will receive sealed bids until 10:30 a.m. (PST) on for the purchase of $2,140,000 school bonds. Dated June 15, 1950. Due on June 15 from July 31 ; - 1953 J-D. to 1970 inclusive. Utility District, Aug. 1 for the pur¬ chase of bonds. ? Bond OfferfngrrrSealed bids will rbe received until,Aug-1.3 for-the purchase of $90,000 school bonds. due on (P. O. Darien), Conn. Sale The $2,600,000 school improvement bonds offered on July 25—v. 174, p. 52—were awarded to a syndicate composed of Halsey, Stuart & Co. Inc., Bear, Stearns & Co., Hornblower & Weeks, Roosevelt & Cross, Mackey, Dunn & Co., Andrews & Darien — $178,000 and Dec. on Dec, ^• US;''; 223,000 building bonds: $10,000 2V2S, due on Dec. 1, 1970, op¬ tional on Dec. 1, 1962. 45,000 3s, due tional on on Dec. 1, 1970, op¬ Dec. 1 from 1963 to <51965 inclusive, and $168,000 23/4s, due on Dec. 1, 1970, op¬ ; tional on Dec. 1 from 1966 to 1970 inclusive. County Sch. Dist. No. 163 (P. O. Park Forest), 111. Wells, Inc., Gordon Graves & Co., Twp. Offering—Gordon Bond Secretary of Board W. of Trustees, will receive sealed bids until 7 p.m. (CST) or* School Aug. 3 for the purchase of $52,000 joint school building-1951 bonds. Dated July 1, 1951. Due July on 1952 to Jan. - lj 1961. Legality approved 1, J-J. Interest by Ross, McCord, Ice & Miller, of Indianapolis. Jennings County (P. O. JVernon), Ind. Bond Cook- Township, Sch. (P. O. Hagerstown), Ind. 2%s, Hays, 1, 1970, optional 1 from 1966 to 1970 inclusive. T - CONNECTICUT 212,000 Sunnyvale School District bonds. 1964 GEORGIA Sale—The issue of $255,- and Court House-1951 bonds was purchased by the City Securities Corp., of Indianapolis, 500 jail California /.Bond Sale—The bonds offered p. of receive on $47,000 schoo July 23—v. 174, (EST) of 316—were awarded to the Bank America National Trust sealed on Penn until 11 a.m. Aug..6 for the purchase water works reve- 1, 1951. certificates. Due on Dated • lanta. III. Aug. 1 from 1952 issue of Gas $750,- System Sale—The Natural bonds Township (P. O. Pennsville), Ind. ' <"■ | Bond Offering — H. E. Bayne, will receive (CST) on Aug. 15 for the purchase of $78,000 school bonds, as follows: Utv Township Trustee, sealed bids until 7 was & purchased by, Barcus, Kindred Co., of Chicago. . • - Gibson City, Aug. Savings Association, of San Fran to 1971 inclusive. Interest F-A. cisco, at a price of 100.06,. a net Legality approved by Spalding, interest cost, of about 2.94%, as Sibley, Troutman & Kelley ■ ofAt*follows: Bond 000 $1,000,000 nue-1951 & bids inclusive. Fairfield, Sylvan Union Sch. Dist., Stanislaus Certificate Offering—Lawrence A. James, City Comptroller, will County (P. O. Modesto), ■ 1971 to ■ Atlanta, Ga. ■ Kakersf/^ld^alif.,. in- Sale—The Dahlquist, Neff & Herrington, of ^ elusive, / 67,000 Alley Paving District No. Bond 1965 1963' to , Interest Greenfield Union,School District, Kern County (P. O. Sanitary Jefferson 1970, optional on 1, a Creek 237 bonds.- inclusive, $50,000 3s, due Dec. Dec. 1 from B end Offering—Douglas E $1,600,000 off- and Paul Freedrick & Co., all of Smith, Secretary of Board of Edu¬ as 2V4s, at a price of 400.32, a basis street parking revenue, series A New York City, as 1.70s, at a price cation, will receive sealed bids of about 2.21%. bonds offered on July 24—v. 174, of 100.07, a basis of about 1.69%. until 5 p.m. (CDST) on Aug. 23 Knight Township, Sch. Twp. (P* O* p. 145—were awarded to a syndi¬ y Groton, Conn. for the purchase of $400,000 build¬ 1116 North Weinbach*Avenue,cate composed of Blyth & Co., R. Bond Sale—The $500,000 water ing bonds. interest J-J. H. Moulton & Co., both of San Evansville), Ind. and electric bonds offered on July Cook County Sch. Dist. No. 163 N o te Offering—Paul F. Wil¬ Francisco, William R. Staats Co., 24—v. 174, p. 316—were awarded of Los Angeles, and Stone & to the Union Securities (P. O. Park Forest), III. kinson, Township Trustee, will re¬ Corp., of sealed: bids until 1 Youngberg, of San Francisco, at New York City, and the Equitable p.m. Bond Sale Postponed—The sale ceive a price of 100.10, a net interest Securities Corp., jointly, as 1.70s, of $400,000 building bonds offered (CST) on Aug. 10 for the pur¬ cost of about 3.19%, as follows: at a price of 100.35, a basis of on July 12—v. 174,. p. 145—was chase of $21,250 emergency loan notes. Dated Aug. 10, 1951. Due $65,000 5s. Due on Jan. 1 from about 1.66%. postponed. in one year. 1953 to 1956 inclusive. Legality approved East Side Levee and Sanitary Dist. Oxford, Conn. by Ross, McCord, Ice & Miller, of 665,000 3y4s. Due on Jan. 1 Bond Sale—The $225,000 school (P. O. East St. Louis), III. from 1957 to 1975 inclusive. Indianapolis. bonds offered on July 24—v. 174, Bond Sale—The issue of $600,335,000 3s. Due on Jan. -1 from Montgomery County (P.O. v p. 316—were awarded to Putnam 000 combined trunk relief sewer 1976 to 1981 inclusive. Crawfordsville), Jnd. & Co., of Hartford, as 1.85s, at a was purchased by a syndicate 535,000 3y4s. Due on Jan. 1, Bond Offering—H. Grady Chadprice of 100.31, a basis of about composed of John Nuveen & Co., 1982. 1.81%. R. S. Dickson & Co., Hornblower wick, County Auditor, will receive Santa Clara County Sch. Dists. sealed bids until 9 a.m. (CST) on & Weeks, all of Chicago, and A. Wallingford, Conn. Aug. 15 for the purchase of $165,— (P. O. San Jose), Calif. Bond Sale—The $250,000 water G. Edwards & Sons, of St. Louis, 000 Nurses' Home-1951 bonds. Bond Offering—Sealed bids will bonds offered on July 25—v. 174, at a price of 100.03, a net interest be received until July 30 for the Dated July 15, 1951. Due on July cost of about 2.69%, as follows: p. 316—were awarded to Ira Haupt 15 and Jan. 15 from 1952 to 1962 purchase of $387,000 bonds, as fol & Co., of New York City, as 1.70s. $200,000 2v2s. Due on July 1 from lows: inclusive. Interest J-J. Legality at a price of 100.55, a basis of 1953 to 1963 inclusive. approved by Ross, McCord, Ice & $175,00 Gilroy ; School District about 1.63%. 400,000 23/4s. Due on July 1 from Miller, of Indianapolis. -X /V^: bonds. Bond Legality approved by Orrick, San Francisco. 1962 on Sewer District bonds. $35,000 Fire DepartmentDated Aug. 1, 1951. Due on Aug. 1 from 1952 to 1972 Costa Mesa Union School District, inclusive. Interest F-A. Legality Orange County (P. O. approved by Kirkbride, Wilson, y, Santa Ana), Calif. Harzfeld & Wallace, of San Mateo. Bond Sale—The issue of $95,000 Sacramento, Calif.. eChool bonds was purchased by the Cherry 116,000 Secretary of Board of Directors, will receive sealed bids until 1:30 Legality ap¬ proved by Orrick, Dahlquist, Neff Herrington, of San Francisco. District bonds. 1953 Interest M-S. Bond Offering—John A. McBee, p.m. v, July lows: $470,000 $1,118,000 Northeast Storm Sewer March 1, March 1 from Public — on Yuba County (P. O. Olivehurst), California from dated June 9 the 1975 inclusive. to • 1966 to 1976 inclusive. The! bonds school improvement on until for 1950. 45,000 23/4% street improvement Dist., Angeles County (P. O. Los III. .Bond Sale—The issue of $12,500 fire by truck,i bonds Vieth,. - Davenport. was Duncan .1 purchased &r; Wood;. of $39,000 Due p.m. school township bonds. on July 1,1952 to'Jan. 1, 1966. * Civil * Township - bbhds. on July 1, 1951 to " Jan. 39,000 Due 1, 1966. Volume 174 Number 5033 . . . The Commercial and Financial Chronicle (409) The bonds June 1, Legality ap¬ proved by Ross, McCord, Ice & Miller, of Indianapolis. 1951. dated are Interest Oakdale, La. J-J. Certificate Township (P. O. Culver), Ind. Bond Offering—Maurice A. Curtic, Township sealed (CST) will Trustee, bids until 1 Due v; Due i 1961 p.m. 110,000 Due Bonds The ; inclu¬ only bid for the $1,200,000 school bonds of¬ fered on July 19—v. 173, p. 2657 was rejected. Offers will still be inclusive. MAINE bonds Bond dated are Interest July J-J.- Legality proved by Ross, McCord, Miller, of Indianapolis. White Augusta, 1, 000 ap¬ Ice $150,- purchased was River Township (P. O. Dated Aug. 1, 1951. Due on Aug. R. R. 2, Greenwood), - Ind* "■ 1 from 1952 to 1966 inclusive. In¬ Bond Offering:—Floyd C. Doty, terest F-A. Legality approved by Township Trustee, ..will receive Ropes, Gray, Rest,/Coolidge & sealed bids until 1 p.m, (CST) on Rugg, of Boston. *: Aug. 9 for the purchase of $180,000 school bonds, as follows: MARYLAND . New improvement City, and Robert Hawkins Co.; of Boston, , as 1.90s, at a July 23 — v. price of 100.69, a basis of about awarded to and 1.81%. Note Sale—The water loan at issue of $30,- was notes, 2s, at sealed bids chants National in will Bond $88,000 school Due township bonds. July 1, 1952 to Jan. on Baltimore, Md. Bond Offering—John J. GhingCity Treasurer, will receive 1, 1971. 92,000 Civil . her, bonds. sealed bids until 11 a.m. (DST) on to Jan. July 31 for the purchase of $29,1, 1971. vv-- ^ 492,000 bonds, as follows: 1 The bonds are dated July 1, $900,000 second public building 1951. Interest J-J. Legality ap¬ bonds. Dated Aug. 15, 1951. proved by Ross, McCord, Ice & Due on Aug. 15 from 1959 to Miller, of Indianapolis. ' • Due Township July 1,'1952 on 28 to 1963 1964 IOWA 145 and 1951. from awarded 417,000 the to Merchants Lake Mills, as l3/4s, at price of 100.36, a basis of about 1.64%. Maiden, Bond receive sealed bonds bids 1955 to 625,000 until purchase 7,200,000 In¬ Nov. School on Dated Mayfield, Ky. works purchased 'r ,'r the bonds on to 1971 on 1951 1955' to park .bonds.: Dated on 1, from I public Dec. building June . 1 Due on 1963 1, from inclusive. Dec. 1 5,000,000; eighth Dated June 1, Dec. 1 from clusive. June 1 from 1952 to 1962 inclusive. Due 1 1951. 1955 1972 inclusive. V Bankers Co., of Louisville, at a price 102.50, a net interest cost of 2.58%, as follows: Due inclusive. Dec. to . 4,500,000 fifth paving and bridge bonds. Dated June 1, 1951 - about 328,000 23/4s. June 1974 Bond $22,000 2V2S. Dated on 500,000 from 1955 to \ bonds sewer 1951. 1955 to Due 1979 on in¬ , inclusive. 1951. Due on Dec. 1 from 1955 to 1974 inclusive. LOUISIANA Caddo P'arish No. J Bond Water 1,000,000 Court ment Works Dist. House bonds. 1951. Due Dated improve¬ June 1 on Secretary of Board of CommisLegality approved sioners, will receive sealed bids King & Dawson, of until 7 p.m. (CST) on Aug. 17 for City. purchase sive. Interest F-A. Legality ap¬ proved by Martin, Himel, Hinck¬ ley & Morel, of New Orleans. Jefferson Parish v * Sewerage District No. 2 (P. O. 333 Betz Ave., . 1951. New Orleans ; a 21), La. as National IVzS, at a Bank, of Bos¬ price of 100.02 basis of about 1.49%. Certificate Offering—M. O. Ar- jgence, Attlehoro, Mass. First Brockton, from 1952 to inclusive. Interest A-O.^ • 1961 • Mass. Sale—The $500,000 notes July 24—v. 173, p. 2337 jointly,.at 1.17%.; Dated July 24 on 2s, due Interest by on to Paris inclusive. No. 1965 Oct. 1 from Michigan Walter J. Wade, Inc., of Dearborn, Lerchen ' Grand man, sealed bids until 8:30 p.m. (EST) on July 30 for the purchase Mich. qf. $45,000 water treatment and sup¬ ply system revenue bonds. Dated* assessment May 1, 1951. 1953 to was Commonwealth a & Co., of New York 1.90s, at a price of 100.13, basis of about 1.88%. as Sparta, Mich. Offering—Wallie T. CotVillage Clerk, will receive Bond Bond Sale—The $356,000 special bonds offered on July , on Pi Rapids. Ropes, building July 23—v. 174; 318—were awarded to Watling, & Co., of Detroit, at a net interest cost of about 2.90%. * T ownship Sch. Dist. (P. O. Burlington), Mich. 1 ♦. • Bond Sale—The $40,000 v; Sale—The notes Bond Sale—The issue of $70,000 1961 Bond Sale—The $50,000 build¬ ing bonds offered on July 25—v. 174, p. 317 — were awarded to M-S. , Dist. (P. O. Grand Rapids), Michigan : Burlington 1950 1 March 1 from on Township Frac. Sch. No. 2 bonds offered Sept. 1, from 1952 Due on Jan. 1 from 1961 inclusive. The bonds maturing on or after Jan. 1, 1956 callable. Interest J-J. Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. are Summit Township Sch. Dist. No. 6 (P. O. 1710 Probert Road, Jackson), Mich. / . Bond Sale—The'issue of $50,000 bonds was purchased by the Jackson City Bank & Trust Co., of Jackson, as 2%s. school Bank, all of De¬ 1 Fayette Township Frac. Sch. Dist. Wayne, Mich. ■'= i No., 1 (P. O.Jonesville),Mich. Bond Sale—The Stoughton, Mass. $395,000 genBond Sale—The $170,000 build¬ eral Note Sale The $300,000 notes obligation bonds offered on and site bonds offered on July 24 — v. 174, p. 318 — were offered on July 24—v. 174, p. 317—- ing July 23 — v. 174, p. 318 — were awarded to a syndicate composed were awarded to the First Nation¬ awarded to the First of Michigan of the First of al Bank, of Boston, at 0.99%. Michigan Corpora-. Corporation, of Detroit, at a price tion, of Detroit, Braun, Bosworth Wakefield, Mass: of 100.07, a net interest cost of & Co., Inc., Stranahan, Harris & Bond Offering—John I. Preston, about 2.13%, as follows: Co., Inc., of Toledo, and Watling, Town Treasurer, will receive $140,000 2 y4s. Due on April 1 from Lerchen & Co., of Detroit, at a sealed bids in care of the Second price of 100.12, a net interest cost 1952 to 1965 inclusive. National Bank of Boston, 111 of about 3.003%, as follows: 15,000 2s. Due on April 1, 1966. Franklin Street, Boston, until 11 15,000 l%s. Due on April 1, 1967. $223,000 sewer bonds: a.m. $35,000 (DST) on July 31 for the 3y4s, due on Oct. 1 from 1952 purchase of $706,000 bonds, as Flint, Mich. * to 1958 inclusive, and $188,000 follows: • « % Bond Sale—The $883,000 im¬ 3s, due on Oct. 1 from 1950 $577,000 school, act of 1950 bonds. provement special assessmentto 1977 inclusive. 1951 bonds offered on July 23 Due on Aug. 1 from 1952 to 172,000 water bonds: $35,000 ZY^s, —v. 174, p. 318—were awarded 1971 inclusive. due on Oct. 1 from 1952 to 58,000 sewer bonds. Due on Aug. to Glore, Forgan & Co., and Wat1958 inclusive, and $137,000 Lerchen & Co., of Detroit, 1 from 1952 to 1970 inclusive. ling 3s, due on Oct. 1 from 1959 jointly, at a price of 100.04, a net 41,000 street construction bonds. to 1975 inclusive. Due on Aug. 1 from 1952 to interest cost of about 1.45%, as • - — . 30,000 water mains bonds. Due Aug. 1 from 1952 to 1961 on bonds Dec. 12, 1951. from dated and 1, : Ann I Arbor, Mich. a r price of 101.05, basis of about 1.59%. r Antrim - - County Treasurer, will l%s, - - / 1953 - receive a net interest cost of about follows: as . $96,000 from bonds: $5,000 23/4s, Aug. 1, 1952, $40,000 due on Aug. 1 from 3s, 1952 due to Sept. on 1959 1, inclusive,' and $24,000 2%s, due on Sept. 1 in 1960 and 1961. 80,000 general obligation bonds: $62,000 3s, due on Sept. 1 from 1952 to 1959 inclusive, and $18,000 2%s, due on Sept . on $200,000 purchased by syndicate, at a price of were $120,000 special assessment bonds: Aug. : y \ 1 in 1960 and 1961., MINNESOTA to ; ■V i J ' 1955 inclusive, and iy4s, due on Aug. I, Blue Earth County Con. Sch. Dist* CI: 1956. No. 66 (P. O. Rapidan), Minn. Bond Sale—The $90,000 build¬ 53,000 sidewalk 'bonds:- $5,000 23/4s, due on "Aug." 1, -1952, ing bonds offered-on July 24—v. $30,000 1 lAs, due-on Aug. 1 174, p. 318—were, awarded to the $14,000 „ - i Note Offering—Leora M. Bailey, County on sewer due - (P. Or-*' Bell aire ),- Mieh. 100.09, 2.89%, inclusive, $163,000 l*4s, due 1956. ris Trust & Savings Bank, of Chi¬ .l%s, at 1955 1956. 59,000 317—were awarded to the Har¬ cago, as to _ Bond Sale—The $495,000 paving bonds offered on July 24—v. 174, p. 1953 the above 48,000 water bonds: $5,000 2%s, ;f; due on Aug. 1, 1952, $30,000 iy>s, due on Aug. 1 from 1953 to 1955 inclusive, and $13,000 iy4s, due on Aug. 1, Boston. MICHIGAN paving bonds $723,000 street bonds: $125,000 Z3/4s, due on Aug. 1, 1952, $435,000 iy2s, due on Aug. 1 , are Additional Sale —The follows: inclusive. 1961 '* Due : troit, at l%s. a 1951, in- Rothschild —were awarded to the. Second National Bank, of Boston, and the Boston Safe Deposit & Trust Co. !-. 1 1 ■■ 1966 to 1972 inclusive. ; on 1960 T l3/4s. 210,000 2s. Due at about due March 1 from on inclusive. Due ,'on March 1> -from 1962 to 1965 inclusive. were awarded to a syndicate com¬ Saugus, Mass. Bond Sale—The $140,000 school posed of the National Bank of De¬ bonds offered on July 23—v. 174, troit, the Detroit Bank, Manufac¬ p. 317—were awarded to L. F. turers National Bank, and the pjn. (CST). on July 30 for the purchase of $1,300,900 sewerage certificates, Dated Oct. lt 1951. Oct. 120,000 * a.m. - offered on July 24 318—were awarded to 1953 to 1961 issue of $500,- 24—v. 174, p. 317—were awarded purchased by the to Halsey, Stuart & Co., as l3/4s, Rockland-Atlas National Bank, of at a price of 100.41, a basis of about 1.62%. Boston, at 0.99%. Legality approved by Ropes, Detroit, Mich. 7 Gray, Best, Coolidge & Rugg, of Note Sale—The $884,000 notes Boston. , offered on July 24—v. 174, p. 317— offered on Sept. on loan . Note Note Due 11 Newton, Mass. will receive sealed bids until 7:30 , of Dated approved Boston. p. $170,000 2s. Due : ! ■ until inclusive. Legality of to 174, of about elusive, • $55,000 2s, due on Oct. 1 from 1961 to 1966 in¬ Gray, Best, Coolidge & Rugg, of Secretary of: Police Jury, on Due 1961 7 2y4s, 1952 Sale—The $500,000 storm building bonds was purchased by improvement bonds, at the Walter J. Wade, Inc., of a price of 100.13, a net inter-, Grand Rapids, as 3s. > est cost of about 2.06%: $49,000 2y4s, due on Oct. 1 from Scio Township Sch. Dist. No. > 1952 to 1960 inclusive, $50,000 ( (P. O. Route 3, Ann Arbor), l- Aug. 1, 1951. Legality approved by Storey, Thorndike, Palmer & Dodge, of $176,000 schoo loan bonds offered on July 26— v. 174, p. 317—were awarded to ton, bids bonds. B from < Michigan Corporation, Detroit, at a net interest coat 1.94%, as follows: of clusive. f Mass. construction . 1 : 99,000 Aug. 2 for the pur¬ $500,000 qlementary on 7 of The Bond Sale—The the basis a inclusive. MASSACHUSETTS v i; were * sealed school by Wood New York of $28,000 water bonds. Dated Aug. 1, 1951. Due on Aug. 1 from 1952 to 1976 inclu¬ — on Offering—Clyde L. WhitTreasurer, will re¬ (DST) to ' ! : Town chase _ the 100.05; -Milton, Bond Bond ■ of $199,- bonds, cost $45,000 of¬ 318—4 p. Muskegon, Mich. Watling, Detroit, - interest bonds v Dec. 1 from 1955 to 1960 inclusive. (P. O. Oil City), Pa. Offering —■ A. G. Lee, street and improvement net a building on July 20—v. 174, postponed. ^ < : . Second People's Court Building bonds. Dated June 1 June 1 from of 1.49%. tier, was the First of issue of Co.,: both of City, harbor improvement 1,650,000 of $350,- revenue by equip¬ May 1 1974 inclusive. Due Due " in- Nov. 1 from 1955 1955 to bonds. > ; 1963 Second 1,500,000 improve¬ Sale—The issue 1965 to on ' bonds. from , of 1956 Due 700,000 fifth conduit bonds. Dated June 1, 1951. Due on Dec. 1 KENTUCKY| was from 1951. Due ment bonds. water 1957 bonds 1951. to 1960 inclusive. ? $1,056,794.67 to school 1, price a about 000 ' Smith, City Clerk, will receive sealed bids until Aug. 17 for the pur¬ - 1 ment Hutchinson, Kan. Bond Offering — T. C. Bond 1953 from May 1,000,000 , 000 Public Library May 1, 1951. Due sixth Dated Aug. 9 for the $37,000 building KANSAS of 1 V elusive. &}£ chase Second Nov. on Sch. of inclusive. inclusive. Dist., Ia. Bond Offering—Sealed bids will ibonds. 1961 bonds. Dated at $270,000 sewer, bonds follows: as $100,000 County National Bank, of Everett, as l^s, and May Legality approved by Chapman & Cutler, of Chicago. until Welfare - Le¬ offered July 26 — v. 174,. p. 317 awarded to the Middlesex series Directors, 1 from 1957 to 1962 inclusive. received in¬ 1967 from ' terest M-S. be to J jointly, & Oct. $50,000 of Mich. fered . Corporation, & Sale Postponed—The sale . construction ceive building bonds. Dated 1, 1951. Due on Nov. 1 chase Con. 1964 Health other Dated Sept. 1, Somers from 1,500,000 (CST) on Aug. 6 for the pur¬ of $600,000 building bonds. 1951. Due on Sept. p.m. 1 gan Mass. Sale—The Flint 3), general obligation bonds was purchased by the First of Michi¬ Lerchen pur¬ Harris Township, Kearsley Rural Bond build¬ net interest cost Bond Sale—The 2.06%: on in- i clusive. Sioux City Indep. Sch. Diet., Iowa Bond Offering—H. C. Roberts, will Due 1966 to public building bonds. April 1, 1951. Due on Oct. Bank, of of 1956 a was Stranahan, Frac. Sch. Dist. No. 14 (P. O. 1003 Mott Foundation Bldg., 000 gality approved by Storey, Thorndike, Palmer & Dodge, of Boston. bonds. Dated State a .Secretary of Board 1 f;. elusive. July 18—v. 174, on were — April 1, Oct. . bonds offered water Dated Mills Ind. Sch. Diet., la. Bond Sale —The $15,000 school p. eighth 3,000,000 Lake Farmers inclusive. inclusive. $90,000 by Genesse 23/4s, Harbor), Mich. 4.41%. Mer¬ Boston, Street, Boston, until 11 (DST) on July 31 for the purchase of $60,000 water bonds. Dated Aug. 1, 1951. Due on Aug. 1 1952 Aug. on Co., Inc., of Toledo. —v. State from as bonds revenue chased 'Birmingham, Mich. a.m. . . of sewer Securities, Inc., of Benton Harbor, at about « Bank inclusive, Sale—The issue of $121,water supply system and 000 on were Trust Co., National Bank, Sale—The Berrien Kaler, the of care — ing bonds offered on June 7—v. 173, p. 2544—were awarded to the receive . . 317 Bay the Benton Lynn field Water District, Mass. Treasurer, the local offered p. Township Sch. Dist. No. 10 (P. O. 1200 East Main Street, Dated Aug. 1, 1951. Due on Aug. 1 from 1952 to 1966 inclusvie. District $84,000 bonds 174, Benton 1.89%. Bond Offering—Harold F. 1, par. pur¬ Co., of Boston, price of 100.77, a basis a 1955 Bond Peoples both of Bay City, jointly, . Holliston, Mass. by Harriman Ripley & Co., Inc., as 1.60s, at a price of 100.04, a basis of about 1.59%. & of Sale—The & of about issue of bonds Weeks, to $18,000 JL14s, due 1956. Frankfort, Mich. York as Me. Sale—The sewer & 1953 and Bay City, Mich. i. Bond chased by Tyler & , from Sale—The $650,000 school were awarded to a syndicate composed of Halsey, Stuart & Co., 000 ; ^ Mass. sealed bids until 10 a.m. (EST) on July 30 for the purchase of $40,000 addition loan, act of 1950 bonds tax anticipation notes. Dated July offered on July 24—v. 174, p. 317 1, 1951. Due on Feb. 1, 1952. Bond Hornblower on 1962 1951. 1961 Sold—The Not Civil Township bonds. July 1 from 1953 to -X ' ; from to (P. O. St. Martinville), La. bonds, 1952 to considered. Township on July 1 inclusive. 1952 " St. Martin Parish, Parish Sch. Dist. lows: School of , re¬ on $110,000 from sive. Aug. 2 for the purchase $220,000 school bonds, as fol¬ of issue $57,518.35 paving certificates was purchased by Barrow, Leary & Co., of Shreveport. Union ceive Fairhaven, Sale—The 53 ' 54 The Commercial and Financial Chronicle (410) olis, a 2.60s, at as price of 100.04, a Aug. 1, 1951. Due from 1952 to 1961 in¬ The bonds maturing in Aug. on 1955 to 1961 Canisteo Bond O. Kasson), Minn. (P. Offering approved Clerk, 1951. Due — will Kalman & (CST) certificates on indebtedness. of Dated Sept. 1, 1951. Due on Sept. 1 fitjm 1953 to 1956 inclusive. In¬ basis Bond bridge bonds. Dated Aug. 1, 1951. Due on Aug. 1 from 1954 to The bonds matur¬ ing after Aug. 1, 1961 are callable. Legality approved by Faegre & Benson, of Minneapolis. Gilbert, Minn. Godich, — Martin L. will receive sealed bids until 8 p.m. (CST) on Aug. 6 for the purchase of $72,000 electric lighting and electric power plant general ob¬ ligation bonds. Dated Sept. 1, City 1951. Due on Clerk, Dec. 31 from 1952 to inclusive. 1965 Interest J-D. Le¬ gality approved by Gillette, Nye, Montague, Sullivan & Atmore, of Duluth. Hennepin County Common School District No. 118 (\P. O. Minneapolis), Minn. Bond Offering—Evald E. John¬ receive (CST) on Aug. 2 for the purchase of $20,000 building bonds. Dated Aug. 1, 1951. Due on Jan. 1 from 1953 to 1955 inclusive. Legality approved by Faegre & Benson, of Minneapolis. District son, bids sealed will Clerk, until 8 p.m. Hibbing, Minn. Offering—Joseph Bond S. Gazelka, Village Clerk, will receive sealed bids until 4 p.m. (CST) on July 31 for the purchase of $742,000 sewer and sewage disposal plant bonds. Dated July 1, 1951. Due on Jan. inclusive. 1 from Interest 1954 to J-J. 1957 terest ness offered about of 1.74%. about v Sale—The Pascaguola School District Jackson, at The St. Rural bonds of $85,- Separate was pur- Alvis, of Sale $15,000 School bonds 174, at a was price of 100.22. Bond Town Miss* Offering—Sadie Clerk, will Hodges, receive sealed bids until 7:30 p.m. (CST) on Aug. 7 for the purchase of $9,000 Community Center bonds. Due from 1952 to 1960 inclusive. Quitman County, Darling Spec. Dist. (P. O. Bonds Not Sold bonds. to Sept. Sept. on 1966 J' County (P. O. Monticello), N. Y. Sale—The $83,000 County House-1951 bonds offered, Bond Court 1 on inclusive. July 26—v. 174, p. 319—were to Francis I. duPont awarded Co., of New York City, as 1.90s, a price of 100.07, a basis of' NEW YORK distMet at Amsterdam, ,• N. Y. "" , — $150,and 1972. Parking DisDue on June 1, purchased ! 10,000 l%s. 1973. by Salomon Bros. & Hutzler, of j Elsinboro Township Sch. Dist. New York City, as "2.20s, at a (P. O. 318 Craven Avenue, Marshall, N. C. price of 100.14, a basis of about ISalem), N. /. Bond Sale The $21,000 rec¬ Bond Sale—The issue of $65,000 .2.17%. reational facilities bonds offered school bonds was purchased by Hempstead Union Free Sch. Dist. on July 24—v. 174, p. 319—werd J. B. Hanauer & Co., of Newark, No. 2 (P. O. Uniondale, awarded to the Citizens Bank, of as 2.60s, at a price of 100.33, a East Hempstead), N. Y. Marshall, as 21/2s, at par. basis of about 2.56%. Bond Offering—Douglas D. OHIO Middlesex, N. J. MacDonald, District Clerk, will Bond Offering—Elmer C. ttoag- receive sealed bids until 3:30 p.m. i Antwerp, Ohio land, Borough Clerk, will receive (DST) on Aug. 2 for the purchase Bond Offering—Frederick Hersealed bids until 8 p.m. (DST) on of $1,300,000 buildirig-1951 bonds. tel, Village Clerk, will receive Dated Aug. 1, 1951. Due on Feb. Aug. 8 for the purchase of $40,000 sealed bids until noon (EST) on 1 from 1953 to 1981 inclusive. In¬ bonds, as follows: Aug. 3 for the purchase of $9,500 terest F-A. Legality approved by $25,000 general improvem't bonds. 3% water works improvement Hawkins, Delafield & Wood, of 15,000 improvement bonds. bonds. Dated Aug. 1, 1951. Due New York City. on Dec. 1 from 1952 to 1961 in¬ The bonds are dated July 1,1951. clusive. Interest J-D. Due on July 1 from 1952 to 1961 Hillsdale, Copake, Claverack, Legality inclusive. Interest J-J. Legality Taghkanic, Austerlitz, Ancram, approved by Squire, Sanders & Gallatin and North East approved by Hawkins, Delafield & Dempsey, of Cleveland. * 4 : , ; Central Sch. Dist. No. 1 Wood, of New York City. Bellaire, Ohio (P. O. Hillsdale), Seaside Heights, N. J. :: Bond Sale^-The issue of $225,New York Bond Offering — August C. 000 first mortgage water works Bond Sale—The issue of $325,Speier, Borough Treasurer, will revenue bonds was purchased by Toms River. ju, J , 000 • Baldwin Public trict-1951 : bonds wd§ The bids re¬ bonds for were the $25,000 rejected. school , p.m. Winston County, Winston Con. School District (P. O. Louisville), Miss. (DST) Bond Sale—The issue of $54,000 school bonds was purchased by a ma¬ receive sealed bids until 8 p.m. Aug. 15 for the purchase of $75,000 water-1951 bonds. Dated Aug. 1, 1951. Due on Aug. 1 from on 000 school addition-1951 bonds purchased by the Marine Company of Western New York, Buffalo, and Blair, Rollins & Co., Inc., jointly, as 2.10s, at a price of 100.52, 'a basis of about was Trust turing in 1960 to 1965 are callable. syndicate composed of the Citi¬ 1952 to 1976 inclusive. Interest Legality approved by Dorsey, Col¬ zens Bank & Trust Co., of Louis¬ F-A. Legality approved by Cald¬ man, Barker, Scott & Barber, of ville, Southern B,ond Co., and O. well, Marshall, Trimble & Mitchell, 2.02%. Minneapolis. B. Walton & Co., both of Jack¬ of New York City. Marcy (P.O. Marc-y), N. Y. son, at a price of 100.07, as fol¬ Nashwauk, Minn. South Brunswick Township (P. O. Bond Sale The issue of $19,000 lows:. Bond Offering—Roy H. Gram, Monmouth Junction), N. J. highway equipment-- 1951 bonds village Clerk, will receive sealed Due on June 1 from 1952 to 1958 Bond Offering — Nicholas D. was purchased by the Manufac¬ bids until 7:30 p.m. inclusive, as 23As. (CST) on Santowasso, Township Treasurer, turers and Traders Trust Co., of Aug. 6 for the purchase of $85,000 Due on June 1 from 1959 to 1971 will receive sealed bids until 8 Buffalo, as',2.10s,,at a price of Municipal, Building revenue I inclusive, as 3V2S. p.m. (DST) on Aug. 7 for the pur¬ 100.01, a basis of about 2.09%. basis of about 1.72%. 1 1960 inclusive. Due 1961 a Sullivan on Co., Inc., Bacon, Co., and" Chas. E. • ceived (CST) on Aug. 8 for the purchase of $500,000 Public Utility Reve¬ nue, third series bonds. Dated July 1, 1951. Due on Jan. 1 from 1954 to 1965 inclusive. The bonds improvement sewer Due & & Weigold & Co., all of New York City, as L%s, at a price of 100.19, follows: 1952 to 2%s. from Gibbons , Marks), Miss. 2 2%s. from 80,000 as $250,- was — The — purchased by J. G. Hickman Co., of Vicksburg, Minneapolis, until $96,000 follows: approved by John Lloyd Olson, of issue Consolidated Martin District H. N. bids 59,000 price of 100.03. a Additional! Marshall, Minn. sealed bonds 2.79%, able after five years. 2.82%. Chased by Kingsbury & Harmon, Secretary of Water, Light, Power and Building Commission, will receive $134,000 $75,000 storm sewer general obli¬ gation bonds. Dated Sept. 1, 1951. Due in 20 years. Call¬ Dain & Pascagoula), Miss. Bond Bank, as l3/4s, 100.05, a basis of — as about a Stevenson refunding water, revenue bonds was purchased by Boettcher & Co., of Denver, at a price of 100.31, a net interest cost of issue of purchased syndicate composed of Geo. by of $176,- 000 Mont. Sale—The ■' Ocean Springs, Bond Offering 21, Aug. , Con. Sch. V M. for received until Sale—The issue 11 the building bonds B.* Carlsbad, N. Mex. Bond until 1, for , State price 000 ■ Bond Sale—The $21,000 drainage-1951 bonds offered on July 24 —v. 174, p. 318—were awarded to a Aug. $160,000 on ■ Jackson County (P+ O* Jackson), Minn. at be sew¬ bids sealed • and Associates. the Jackson $340,000 M.Par-" will — 318—were awarded to the Alli¬ son-Williams Co., of of cost Legality July 25—v. on Sale—The Clerk, , $200,000 Conty Building Fund tax antici¬ pation certificates of indebted¬ — Poison, Village rott, NEW MEXICO Bond Offering—Sealed bids will Minn. Y. about 1.88%. ' Bond Offering—P a t r i c i a H. Bond Sale—The $360,000 imWeir, Village Clerk, will receive NEW HAMPSHIRE: White Plains Housing Authority, provemeht-1951 bonds offered on sealed bids until 8 p.m. (CST) New York » July 25 — v. 174, p. 318 — were on Aug. 1 for the purchase of Nashua, N. H. | Note Sale—The issue of $5,260,awarded to the Marine ; Trust $70,000 hospital bonds. Dated Note Sale—The $200,000 notes 000 notes was purchased by Salo¬ July 15, 1951. Due on Jan. 15 offered on July 26—v. 173, p. 2545 Company of Western New York, Buffalo, and R. D. White & Co., mon Bros. & Hutzler, of New from 1953 to 1962 inclusive. The were awarded to the Indian of New York City, jointly, as 1.70s, York City, at 1.30%, plus a pre¬ bonds are callable. Interest J-J. Head National Bank of Nashua, at at a price of 100.14, a basis of mium of $55. Dated Aug. 2, 1951. Legality approved by Dorsey, 1.22%. Due on Feb. 4, 1952. about 1.66%. Colman, Barker, Scott & Barber, Dated July 26, 1951. Due on of Minneapolis. Bainbridge, Coventry, Oxford, NORTH CAROLINA Dec. 28, 1951. Legality approved Guilford, Afton, Masonville, by Storey, Thorndike, Palmer & Henderson County (P. O. r MISSISSIPPI Sidney, Unadilla & Sanford Dodge, of Boston. Hndersonville), N. C. Central Sch. Dist. No. 1 Carthage, Miss. Bond Offering—W. E. EasterNEW JERSEY (P. O. Bainbridge)y N. Y. Bond Sale—The issue of $175,Bond Sale—The $615,000 build¬ ling, Secretary of Local Govern¬ 000 industrial bonds was pur¬ Bergen County Sewer Authority ment Commission, will receive ing bonds offered oh July 26—v. chased by the Leland Speed Co., (P. O. Hackensach), N. J. sealed bids at his office in. 174, p. 318—were awarded to a of Jackson, as follows: Bond Offering—E. Merrill Seasyndicate composed of Halsey, Raleigh, until, 11; a.m.. (EST) on. $139,000 as 3V2s. berg, Chairman, will receive sealed Stuart & Co., Ira Haupt & Co., July 31 for the purchase of $311,-1 bids until 11 a.m. (DST) on 000 school 36,000 as 3V4S. building, series B and Paul Frederick & Co., both bonds. Dated March 1, 1951. Due Aug. 7 for the purchase of $700,000 of New York City, as 2.10s, at a Dew, Miss. sewer on March 1 from 1955 to 1980 in-, system, 1949 issue bonds. Bond Offering Virginia Bil- Dated June 15, 1949. Due on Dec. price of 100.39, a basis of about elusive. Interest M-S. Legality 2.06%. lingsley, Town Clerk, will receive 15, 1953 to June 15, 1977. The approved by Reed, Hoyt & Wash¬ sealed bids until 7 p.m. (CST) on Brookhaven Common. Sch. Dist. bonds maturing on June 15, 1954, burn, of New York City. Aug. 7 for the purchase of $36,- and thereafter are callable. Inter¬ 1 No. 29 (P. O. Brookhaven), Jones County 000 street bonds, as follows: (P. O. New York est J-D. Legality approved by p *Trenton), N. C. ■; ■"' • $18,500 special improvement Hawkins, Delafield & Wood, of Bond Offering—Frances E. Ma¬ -Bond Sale—The $130,000 school bonds. New York City, and Walter H. jestic, District Clerk,"will receive bonds offered on July. Jones. sealed bids until 2 pjn. (DST) on building ,, ,17,500 intersection bonds. 24—v; 174, p. 319-—were. awarded Aug. 1 for the purchase of $50,Due from 1952 to 1961 inclu¬ Brick Township (P. O. to the Vance .Securities Corp., of 000 building-1951 sive. h^nds. Dated Lakewood), N.' J. Aug. 1, 1951. Due on'Aug. 1 from Greensboro, and J. Lee Peeler & Bond Offering — Fred Lore, Co., of Durham, jointly, at par, Goodman, Miss. 1952 to 1966 incldstfye. Interest as follows: Township Treasurer, will receive F-A. Bond Offering—D. K. Gulledge, Legality approved by Vansealed bids until 8 p.m. (DST) on Town Clerk, Will sell at public dewater, Sykes, Heckler & Gallo¬ $44,000 6s. Due on June 1 from Aug. 1 for the purchase of $15,000 1952 to 1962 inclusive. auction until 8 p.m. way, Of New York-City. (CST) on bathing beach and parking lotAug. 7, $4,000 Town bonds. Due 1951 bonds. Dated Aug. 1, 1951. Hempstead (P. O. *Hempstead), 1 56,000 2%s. Due on June 1 from from 1952 to 1955 inclusive. 1963. to. 1970 inclusive." • Due on Aug. 1 from 1952 to 1956 /r New York ' Interest F-A. Jackson County Sch. Dists. (P. O. inclusive. 20,000 2s. Due on June 1 in 1971 Legality Bond Sale^-The issue of 000 Sale 2.56%. N. Patchogue, Bond MONTANA : Itasca. County (P. 0, Grand ■■■■■': 1 Rapids), Minn, Certificate by St. & per¬ Winnebago, Minn. Minneapolis. v $50,000 awarded to J. —were approved by Faegre & Benson, of , on Legality approved Trauernicht, of Charles Co., of Minneapolis, at a net in¬ and Offering clusive. by ; system revenue-1951 bonds offered on July 25—v. 174, p. 318 1, bids until 8 p.m. (CST) on Aug. 3 for the purchase of $25,000 road 7:30 Aug. 7 for the $6,650,000 school bonds. Dated Aug. 1, 1951. Due on Feb. 1 from 1953 to 1971 in¬ erage Bond Offering — James Vigen, Town Clerk, will receive sealed Bond about Windom, Legality approved by Dorsey, Colman, Barker, Scott & Barber* of Minneapolis. 1973 inclusive. Sale—The of terest M-S. Erhards Grove (P. O. R. F. D. Pelican Rapids), Minn. until bids Monday, July 30, 1951 . Bond Offering—William clusive. improvement fund bonds Hardin, Mont. offered on July 23—v. 174, p. Bonds Not Sold — The issue of 318—were awarded to Piper, Jaffray & Hopwood, of Minneapolis, $26,000 special improvement dis¬ trict No. 47 bonds were not sold. as 2.60s, at a price of 100.22, a Aug. 8 for the purchase of $150,000 sealed (CDST) purchase of p.m. improve¬ ■ manent City Clerk, will receive a.m. urer road follows: . receive r a.m. (DST)* purchase of sewage; disposal plant 20,000 series B bonds. Due on Sept. 1 from 1952 to 1961 in- bonds. Dated July 1, 1951. Due elusive. ;;V.,v; v;' on July 1 from 1952 to 1981 inclu-* sive. Interest J-J. Legality ap-. The bonds are dated Sept. 1, 1951. Interest M-S. Legality ap¬ proved by Wood, King & Dawson, of New York City. . proved by Caldwell, Marshall, Trimble & Mitchell, of New York Schuyler County (P. O." ■ / Watkins Glen), N. Y. City, Secretary and Treas¬ of Board of Education, will receive as $95,000 series A bonds. Due on Sept. 1 from 1952 to 1961 in¬ E. Wayzata, Minn. ■iY Bond Certificate Offering—C. D. Jer* sealed bids until 10 purchased was Co., of St. Paul. Mervyn — $115,000 bonds, Mo. Louis. Duluth, Minn. onimus, bonds water Offering Dist., Wiethaupt, by Bond Sale—The issue of $80,000 1967 inclusive. Legality approved by Faegre & Benson, of Minne¬ apolis. jV callable. Legality Sch. Louis Bond Okabena, Minn. 1 from 1953 ta Jan. on are St. Moody & Swagler, of St Paul, and Dorsey, Colman, Barker, Scott & Barber, of Min¬ neapolis. Ivan Sapp, receive sealed bids until 8 p.m. (CST) jon July 31 for the purchase of $45,000 road and bridge bonds. Dated Aug. 1, Town ment 1 clusive. basis of about 2.59%. of chase MISSOURI Dated bonds. Woodard-Elwood Co.,-of Minneap¬ . — ■ • . Hayden, Miller & Co., and Field, Richards & Co., both of Cleve¬ land, jointly, at a net interest cost of about 2.68%. * > ' Blanchester Local Sch. Dist., - Bond Sale—The issue of Ohio $300,- 000 building bonds was purchased by 5 the and both Ohio Sweney of 2^s, at Co. of Columbus, a Columbus, Cartwright price of 100.79, of about 2.42%. &: Co., jointly, a as basis .* Volume 174 Number 5033 . . The Commercial and Financial Chronicle . (411) First Butler County (P. O. Hamilton), Ohio Bond Offering H. Thomas r— National jointly, at Clerk of Board of County Commissioners, will receive sealed bids until noon (EST) on Aug. 10 for the purchase of $57,119.81 water supply special assessment bonds. Dated Aug. 1, 1951. Due Dec. 1 clusive. proved Bridenbaugh, receive, (EST) sealed ; until 1952 to pur¬ to 1956 inclusive. Washita No. (CST) for the offered July on unopened.V Bond building to of Clerk receive bids Bond Offering — Oliver Long, Clerk of Board of Education, will receive bids sealed until noon Aug. 3 for the purchase $54,000 y. construction bonds. (EST) of on Dated May 1, 1951.- Due and Nov. clusive. North from 1 on 1952 to May 1971 Board, 8 (P. O. Offering B. Wires, Clerk-Treasurer of Board of Education, will receive sealed bids until 15- for free, McCulloch, Shuler & Say re, of Portland. Offering City son, — }. 7- ■ ' Lucille Erick- Recorder, will receive (EST) on Aug. purchase of $9,800 (PST) on Aug. 3 for the purchase of $50,000 City Hall construction-1951 bonds. Dated Sept. 1,1951. Due on Sept. 1 from 1952 to 1961 inclusive. the Legality approved Winfree, McCulloch, Shuler Sayre, of Portland. •< inclusive. A-O. Interest Le¬ 7'.*. ;«t & Lane . t District R. D. Bond Offering—Carrie Lovett, City Auditor, will receive sealed bids until 8 p.m. (DST) on Aug. 6 for the purchase of $5,450,000 Neater works first mortgage reve¬ nue Due on Dated bonds. Jan. 1957 Interest by from The inclusive. from 1 to • Jan. 1953 1991 - 1991 • * callable. are approved Dempsey, Legality Senders & of Cleveland. to bonds7 maturing J-J. Squire, 1,1951. City Recorder, will receive sealed bids until T:30 "p.m. (PST) on July 30 for the purchase of $40,000 water wprks bonds. Dated Aug. 1, 1951. Due on Aug. 1 from 1953 to 1967 inclusive. maturing on or callable. are Bond Offering Bonds NotASold—No bids were received Blaine County - Indep. Sch. Dist. (P. O. Okeene), Okla. Bond Sale—The $125,000 build¬ ing and equipment bonds offered on July 23—v. 174, p. 319—were awarded to the R. J. Edwards, Inc., of Oklahoma City, and the First Securities Co. of Kansas, Wichita, cost of at a net interest about 2.14%. : \ \ jointly, , , ceive sealed (DST) Bond Sale—The issue of repair and $25,000 equipment bonds was purchased by the R. J. Edwards, Inc., of Oklahoma City, and the the $320,000 sewer trict will receive sealed bids until 9 p.m. (PST) on July 30 for the purchase of $27,500 general obligation bonds. Dated Aug. 1, 1961 ing Due on inclusive. Jan. 1 from 1952 to The bonds matur¬ and after Jan. 1, 1957, are callable. Interest J-J. Legality approved by John W.' Shuler, of Winfree, McCulloch, Shuler & Sayre, of Portland. on 3% $130,- works 1978 to bonds system July from 1 dated bids until 8 1, 1 from 1952 to 1971 inclusive. In¬ 2 Legality approved by Burgwin, Churchill, Ruffin & Hazlett, of Pittsburgh. for 1 Bond Sale—The issue of $250,- general improvement bonds purchased by Goldman, Sachs Co., of New York City, and A. Masten bonds 1, 1962 Due ; The general from 1 by J-J. by Faegre Minneapolis. ; ; f.yS A ings Bank, National bonds Continental Bank & was Illinois W. Co. of H. Morton - follows: as j $130,000 2%s. Due on July 1 from 1953 to 1958 inclusive. on 130,000 l%s. Due sive. 1 Dated The maturing on Wayne County (P. O. Waynesboro), Bond Duncan, S. C. Bond Sale—The issue of $90,000 was purchased by R. S. Dickson & Co., of Char¬ on Dated May May 1 from 1, 1954 1951. Due to 1975 in¬ clusive. 000 Sale—The sewerage S. C. issue of ceive sealed system bonds was about 2.54%, 69,000 2%s. 1973 Due 1972 Due to Jan. 1 from on inclusive. 1976 on Jan. 1 from inclusive. Housing Authority, } Texas Note Sale—The offered on $1,157,000 notes July 24—v. 174, p. 319— awarded tional to Bank, 1.28%. First the of Na¬ Galveston, at , awarded to syndicate a com¬ Bond Offering—James J. Ta President of Board <: Trustees, will receive sealed bi' - pey, bids until 10 a.m. Aug. 8 for the purchase $500,000 school bonds. Dated of until for 8 July 1, 1951. to Due 1971 on July 1 from inclusive. 1951. Due 1976 on March inclusive. Texas ciates. Nocona, Texas Bond Sale—The issue Dated $2,800,000 pub¬ schools, sanitary sewer¬ system, street improvement and water plant and system bonds offered on July 26—v. 174, p. 147 —were awarded to a syndicate composed of Phelps, Fenn & Co., R. W. Pressprich & Co., White, •Weld & Co., Eastman, Dillon & Co., F. S. Moseley & Co., Paine, Webber, Jackson & Curtis, Hemp¬ hill, Noyes, Graham, Parsons & Co., Dominick & Dominick, F. S. Smithers & Co., Wood, Struthers & revenue Co., Hirsch & Co., Wm. E. Pol¬ & Co., G. C. Haas & Co., all of New York City, Rauscher, Pierce & Co,, of Dallas, and Un¬ as follows: a price cost of of bonds $100,- was pur Indep. Sch. Dist., Texa- Bond Sale—The 000 & of Co., 100.02, about of a 1.86%, . July 1, 1951. Pearsail school issue of $125 building bonds w; s purchased by R. J. Edwards, Inc.. of Dallas, price of as 2^s 100.02. and 3s, Dated at May ?> 3. 1951. Waco, Bond Texas Offering—D. Wilsor, M. Acting City Manager, will receiv sealed bids until 7:30 p.m. on Aug. 7 for the lock at 19"" M-S. chased by the First Southwest Cc of Texas, Dallas, as 3V2S, at par free interest from purchased by the First of Texa. Corp., of San Antonio, and Asso¬ age net 1 Interest Mesquite, 000 sewer Texas Neuhaus 1" Bond Sale—The issue of $400.000 water and sewer bonds was Legality approved by Chap¬ Austin, Aug. on purchase of $600,0r school house bonds. Dated Sept. 1 Interest & Cutler, of Chicago. Bond Sale—The (CST) p.m. the Tenn. on Houston, $100,- to Offering—Mrs. Marie Phil¬ derwood, Liberty, Bond 1953 to lips, County Court Clerk, will re¬ lic CAROLINA $227,500 2^>s. are TEXAS obligation bonds was purchased by J. H. Drass & Co., of Sunbury, and James Leavens, Inc., of Shamokin, jointly, as 3s, at a price of .100.11. lotte. Due approved by Chapman & Cutler, of Chicago. Chillisquaque Township District (P. O. water works bonds 1951. thereafter School SOUTH 1, in Montandon), Pa. of revenue-1951 June bonds 1980 and 1981. West Rupe & Son, price of 100.12, a Suter, June 1, 1954 and callable. Legality man July on a cost Tenn. June 1 from 1952 to 1958 inclu¬ July 1 from J-J. 1959 to 1979 inclusive. offered 56—were p. posed of National City Bank anc. Shields & Co., both of New York J.r H. — system bonds. on 1952 1,040,000 2s. Due to bonds 174, City; Braun, Bosworth & Co., Inc.: Underwood, Neuhaus & Co., of Houston; First Southwest Co., oi Mayor, will receive sealed bids Dallas; A. G. Becker & Co., o until 7:30 p.m. (CST) on Aug. 8 for the purchase of $20,000 street Chicago; Trust Co. of Georgia, of Atlanta; Robert Winthrop & Co. improvement bonds. Dated July Andrews & Wells, Inc.; W. H. 1, 1951. Due on July 1 from 1953 Morton & Co., all of New York to 1967 inclusive. Interest J-J. City; Provident Savings Bank & Legality approved by Chapman & Trust Co., of Cincinnati; Fahey, Cutler, of Chicago. Clark & Co., of Cleveland; Folger, Nolan, Inc., of Washington, D. C.; . . Lafollette, Tenn. Bonds Not Sold—The issue of Shearson, Hammill & Co., of Nev York City; Sills, Fairman & Har $150,000 street and bridge bonds ris, of Chicago; Wood, Gundy & was not sold. Co., Inc., of New York City; Lyon Lenoir City, Tenn. & Shafto, of Boston, and th: Bond Offering—Henry C. Fos¬ Weil, Roth & Irving Co., of Cin¬ ter, City Recorder, will receive cinnati, as 2Y4S, at a price 0: sealed bids until 7 p.m. (CST) on 100.11, a basis of about 2.23%. Aug. 6 for the purchase of $100,La Marque Indep. Sch. Dist., Tex * 000 electric (CST) ' $296,500 street follows: were Offering Bond Trust Texas Houston, Texas ' July 1, Bond Sale—The $5,180,000 bonds Legality ap¬ & Benson, of offered on July 25—v. 174, p. 147— Greenbrier, ' com¬ Co., both of Chicago, F. S. Moseley & Co., of New York City, Braun, Bosworth & Co., Inc., Francis I du Pont & Co., of New York City, Trust 1953 TENNESSEE posed of the Harris Trust & Sav¬ interest were of syndicate a Aug. 1, Legality ap¬ Parkhurst & dated are Interest $5,improve¬ public 1951-series after callable. to Dallas Jan. on maturing proved 000,000 Aug. $46,000 to Dallas, at sealed on Due are Jan. on bonds 1951. Pittsburgh, Pa. purchased July 20—v. on 1962 1967 inclusive. • & Sale—The, issue Engler, 15,000 street improvement bonds. Co., of Pittsburgh, jointly, as l%s, at a price of 100.13, a basis of about 1.86%. Bond Denison, Sale—The Galveston bonds. sewer to dated are from 1953 to 1971 inclusive. Jan. : E, receive from Interest F-A. Bond as p.m. (CST) purchase of The was E. will 1 by McCall, Crowe, of Dallas. follows: 000 & 8 the as $31,000 New Castle, Pa. Offering—F. Clerk, until bonds, bonds 1951. net Pukwana, S. Dak. bids Feb. proved of Town 1952 inclusive. awarded Band from improvement-1951 July SOUTH DAKOTA p.m. on 1981 The inclusive. are Due Co., 1957 inclusive. on 1 98,000 3%% school house bonds. follows: as water Due 1958 terest F-A. 21 Clerk, of purchased was Feb. on 1961 inclusive. 120,000 3%% water works system bonds. Due on July 1 from Aug. 3 for the pur¬ chase of $50,000 refunding bonds. Dated Aug. 1, 1951. Due on Aug. County School District (P. O. Cloverdale), Oregon Bond Offering—Flora Cox, Dis¬ No. issue Robinson-Humphrey on Tillamook 1951. Craig County Sch. Dist. No. 1 (P. O. White Oak), Okla. for system bonds. following bonds: $32,000 2%% school house bonds. Beach, S. C. J. general Ore. Drive Sale—The re¬ — Bond Sale—The issue of $34,600 Creek. 1, 1951; Charles Le¬ - OKLAHOMA 9 F-A. Bonds Publicly Offered — The Columbian Securities Corporation of Texas, San Antonio is offering the Jan. 1953 to Rocks, Pa. Lanz, Borough Secretary, will after Aug. 1, 1957 Interest dated . gality approved by Winfree, Mc¬ Culloch, Shuler & Sayre, of Port- Myrtle No. The bonds from 1 bonds. general obligation bonds was purchased by Schaffer, Necker & Co., of Philadelphia, as 2s, at a price of 100.27, a basis of about from Cisco Con. Indep. Sch. Dist., Texas Due $10,000 $85,000 . , inclusive. are Inc., of Atlanta, 2), Pa. ' Offering—J. D. Whitman, 1971 to the by . Bond Sale—The issue of .... Bond Jan. on bonds Bond . Ohio Jan. 1 from on inclusive. 000 revenue bonds Township School (P. O. Malvern, 1 inclusive. inclusive. Due 1951. of Georgia, of Atlanta, & Co., Reynolds & Co., Hannahs, Ballin & Lee, all a basis of about ,2.31%. Morion Cotffity Sch. Dist. No. 31 of New York City, Robert W. Ross County (P. O. Baird & Co., of Milwaukee, J. G. (P. O. Brooks), Ore. Bond Sale Cancelled—The sale White & Chillicbthe), Ohio Co., Inc., of New York of $60,000 school bonds offered on City, Courts & Co., of Atlanta, Bond Sale—The issue of $20,000 Court House improvement bonds July 2—v. 174, p. 147—was can¬ Shearson, Hammill & Co., of New celled. The bonds will be reof- York. City, and Kaiser & was purchased by Breed & Har¬ Co., of -San Francisco, as 1.80s, at a rison, of Cincinnati,, as 2s, at a fpred on Aug. 3. price of 100.67, a basis of about Marion County Sch. Dist. No. 31 :price of 100.20, a basis of about 1.77%. 1.87%. (P. O. Brooks), Ore. Bond Offering—Texie Hillyer, Pottstown Borough Authority Sebring, Ohio District Clerk, will receive sealed (P. O. Pottstown), Pa. Bond Offering-i-James C. Coffbids until 7:30 p.m. (PST) on Bond Sale—The issue of $1,man, Village Clerk,; will, receive Aug. 3 for the purchase of $60,300,000 sewer revenue, series of sealed bids until noon (EST) on 000 school; bonds. Dated July 1, 1951 bonds was purchased by a Aug. 11 for the purchase of $20,000 1951. Due on July I from 1952 to syndicate composed of Goldman, water works improvement-bonds. 1961 inclusive. The bonds ma¬ Sachs & Co., of New York City, Dated June 15, 1951. Due on Dec. turing on and after July 1, 1957 Stroud & 15 from 1952 to 1961 inclusive. In¬ Co., Harrison & Co., are callable. Interest J-J. Legality Aspden, Robinson & terest J-D. Co., and Legality approved by approved by Winfree, McCulloch, Schaffer, Necker & Co., all of Shaffer & Peck, Williams, ; of Shuler & Sayre, of Portland. Cincinnati. Philadelphia, at a price of par, a 7 v ; I net interest cost of about 1.96%, Milton-Freewater, Ore. .Warren, 1966 Whiteland ment iftt,' ' . Shuler, Jan. on 1959 l%s. Due on Jan. 1 from 1960 to 1977 inclusive. 4 by County Sch. Dist. No. 28 71 * gality approved by Squire, ^San¬ (P. O.* Veneta), Ore. ; ders & Dempsey, of Cleveland. Bond Offering—Inga Caldwell, District Clerk, will receive sealed Payne. Village Local- Sch. Dist., bids until 8 p.m. (PST) on Aug. 6 Ohio » for the purchase of $16,000 school Bond Sale—The issue of $179,- bonds. Dat^# July 15, 1951. Due 000 building bonds was purchased on July 15 from 1953 to 1960 in¬ by J. A. White & Co., of Cincinn¬ clusive. The«bonds maturing after ati, as 2V2S, at a price of 101.68, July 15; 1956, are callable. i-i . W. 1953 to 1 from Due Ocean Inter¬ M-S. est Jan. on 1965 to 3s. The ap¬ PENNSYLVANIA East j Ore. John Legality 38,000 Portland. noon construction bonds. Dated Sept. 1, 1951. Due on Oct. 1 from 1952 to 1971 ? Gresham, : w <■ sealed bids until 8 p.m. Juanita — inclusive. 1960 Bond Dist. 1966 to maturing on and after are callable. Interest Legality approved by Win- Feb. 1, in¬ Isle Saint George), Ohio Bond 1952 The bonds Interest| M-N„. \ Bass Local Sch. from F-A. by M-S. McKees until 1956 to 1957 The p.m. 1 proved M. Mona School sealed 1954 Due 48,000 2%'s. 1.97%. (PST) on Aug. 2 for the pur¬ chase of $250,000 school bonds. East Local Sch. Dist. (P. O. i Dated Aug. 1, 1951. Due on Feb. > '• Carrollton), Ohio /' : Interest $784,000 3s. Due 2,016,000 $14,000 2V2S. on bonds. Sch. Dist. No. 1 (P. O. Veronia), Oregon 8 purchased by R. S. Dickson & Co., of Charlotte, and Associates, as follows: Sept. 1 from 1956 to 1971 inclusive. The bonds maturing on and after Sept. 1, 1958 are call¬ inclusive. 1959 Offering—Mrs. Gordon, will Due pur¬ High re¬ 319—were returned p. Union Joint bids $185,000 street im¬ provement notes • 1954 the for p.m. OREGON Ohio Sold—The Not 174, $23,000 3 Columbia and Washington Counties Delaware, 24—v. of from Due < ceived 31 July on until 1 Ore. Offering—B. O. Williams, Education, will bids sealed Grande), La until Offering—S. J. Heinrichs, Clerk of Board of 1966 inclusive. In¬ terest M-S. Notes County Indep. Sch. Dist. (P. O. Corn), Okla. receive Sch. Dist. No. O. Clerk, will receive sealed 7 p.m. (PST) on July 30 for the purchase of $180,000 school bonds. Dated Sept. 1, 1951. bids able. 107 chase County (P. District Springs, Okla. Offering—C. Sept. on Union Bond F. Colvin, will receive sealed bids until 4 p.m. (CST) on Aug. 1 for the purchase of $30,000 fire equipment bonds. Due from 1954 hospital bonds. Sept. 1, 1951. Due 1 from noon the for 11 $150,000 will Vinita, of cost Clerk, . Auditor, bids Aug. on of Dated City Bond City Bond , Off erin g—Thomas d Sand ' . sV Defiance, Ohio n chase in¬ 1967 to Legality ap¬ Shaffer & Wil¬ Cincinnati.,^ 7 » V B o 1953 by Peck, liams, of t from Interest J-D. of about 2.44%. Feltz, on Bank, net interest a 55 $200,000 1951 Due water bonds. on works Dated (CST: purchase Sept. c revenue * 1, 1951 March 1 in 1958 and 1959. Legality approved by the Attor¬ ney General of the State, and Vin¬ son, Elkins & Weems, of Houston. 5G (412) The Commercial and Financial Chronicle VERMONT ffinesburg, WASHINGTON Hinesburg Sch. Dint., Vermont Bond Offering—Henry L. Mur¬ bids until 2 (DST) on Aug. € for the purchase of $60,000 improvement bonds. Dated July 1, 1951. Due 1971 p.m. inclusive. gality Interest by approved jLisman, J-J. Lisman & ceive Bond Offering of County will receive ©.m. (DST) fmrchase series • 951. J. bids Aug on for $2,375,000 on Chapman school inclusive. Interest J-J. Bond sion Le¬ & p.m. about a Simp¬ son, Clerk of County Board, will a.m. bonds maturing on 1952 after and to of A. inclusive. West Bend Sch. Dist. No. City. 900 THE BUCKEYE 1952 The ■4)lis ers of 101.59, Street a New York. July 26. 1951. of Directors of this Company has at the close of business was Simmons, of inclusive. Due August Bond Offering — dated are the > Chapman, Town Clerk, will , , issue 1, 4.40%, The 1951.- re¬ 3 Va$. to as t278 278 232 198 181 tl96 195 180 164 145 tl68 162 147 value— 274 t417 424 283 303 t317 331 1409 446 250 t499 500 153.2 J43.9 161.7 147.1 373 329 ! 353 305 Total nonagricultural 1153.0 Total factory Factory payrolls, total Freight carloadlngs Department store sales, U60.8 133 value— stocks, tl52.1 151.3** 136 ■ t301 160.0 144.5 433.3 346.0 135 133 125 t297 284 122 302 290 377 value. on 1971 are 285 -V. NOTE—Production, To fPrellminary. 287 : 386 tEstimated, 289 / carloadlngs, and department store sales Indexes based on dally manufactures, nondurable manufactures, and minerals durable convert Indexes to points in total index, shown In Federal Reserve Chart Book, multiply durable by 0.379, nondurable by 0.469, and minerals by 0.152. second month, value of figures, F. shown Indexes based W. Dodge in Federal data three-month moving averages, centered Eastern States. To convert indexes on for pur¬ (1935-39 Chart Book total by a •'-> cost and steel Pig inclusive. April ./-• May 301 273 218 206 891 755 891 755 and t309 refining }f<' 335 and products v:-.; tl75 glass products- t242 products 262 249 197 t213 213 197 208 y. t223 225 208 192 t209 208 , / 170 •'"> f 173 170 162 tl72 161 155 175 , 247 tl75 186 175 203 243 ■ ..f184 k% •244 • tl84 175 153 140 /, 380 347 textiles * * products •' 'V' f ■ ;/ tl84 140 347 106 101 * ■!. ;■ yy ■' * 98 Manufactured food products- •i; * 168 164 107 tl04 163 344 tl49 foods tl76 177 173 and vegs.— 1162 167 150 172 177 16B,. 104 239 Processed fruits Tobacco 248 products Cigars Cigarettes tobacco ;,y ti59 i 108 tl49 products 64 Paper and products Paperboard 214 157 103 144 158 157 102 98 167 168 '• 1712 ' 105 104 93 239 231 237 65 237 y 66 y 150 tl05 63 t213 153 105 103 . l,':/* ;,V 66 64 214 .vi 180 f213 253 211 256 253 211 121 119 312 122 121 113 Printing and publishing Newsprint consumption fl78 183 166 tl31 188 169 Petroleum t265 256 Newsprint SAY TO YOURSELF 166 to money products give helps teach to new thousands how recognize Cancer and what to do V m* laboratories and scientists who are ing their lives to find the cause—and dedicat¬ cure buys new equip¬ facilities for treating and 193 181 t206 204 175 175 * 185 178 171 433 328 * 295 164 Rayon t377 377 - Industrial chemicals Coal containing your check or money 443 t536 530' 443 213 t237 237 213 167 148 tl67 167 119 124 117 119 331 126 133 , ' 333 14S 124 131 64 97 81 64 97 191 160 I tl92 191 160 f.153 141 125 1168 130 140 t370 Metals Iron J , tl92 petroleum 231 273 > ore not yet available. fPrellminary. (1935-39 CARLOADINGS average = 100) Adjusted for order. It will be SOCIETY' 350 81 Without Seasonal Variation 1951 Seasonal Adjustment 1950 1951- 1950 May — - May May Apr. May 112 119 111 112 119 210 197 181 141 Coke Grain Apr. 111 Coal CANCER 151 377 530 126 delivered to the American Cancer Society office AMERICAN 255, 165 t377 . 117 coal envelope in your state. 297 tl62 237 FREIGHT the 328 +536 — Bituminous •Data on 171 433 MINERALS curing Cancer. Just write "CANCER" 350 178 t297 fs 147 • 175 * t438 y/,. t237 , - Fuels of 256 , 1 tl67 products Crude new f204 175 t!58 Cancer. ment, establishes J81 185 t438 Anthracite EVERY DOLLAR I send 193 204 1297 • helps support 172 216 Paints V EVERY QUARTER I give 181 256 - Chemicals Rubber about it. 172 t265 * Byproduct * Cancer to live again. f 165 216 * Beehive EVERY NICKLE AND DIME I 171 256 Coke help those stricken by 181 t206 coal oil Fuel life-giving ; t204 and Gasoline ...here is / 94 112. 13 59 93 •y 157 98 v.' tl09 manufactured Other 106 f 166 flour Meatpacking Other W 95. 105 Wheat 175 153 380 157 112 • 160 164 ' Tanning 221 378 •' 106 ■: 183 y 164 378 2C9 231 , 160 >, vy t249 210 189 and 192 158 149 186 , tl87 products 258 308 253 tl85 Cotton consumption Rayon deliveries 335 t309 t250 162 * Cement t334 249 208 Furniture y 213 < +165 Stone, .clay and 258 • *.'• 225 tl68 897 .262 t209 Lumber f.' 253 308 /,/ t223 Fabricating Wool 222 , 301 217 t213 Leather 231 273 897 and 234 226 206 Nonferrous metals and products- Textiles 222 /■ 231 1950 May 264 . 301 t250 Clay t263 Apr. 218 t334 Lumber 226 May 217 Machinery Smelting May 264 234 ,—i,— Transportation equipment Automobiles (Incl. parts)— 1, 1951—^—= 301 - hearth Electric ' 1950 Apr. t263 — Iron Steel 1 April 1 from Seasonal Adjustment ~ MANUFACTURES Iron inclusive. Without 1951 of April com¬ 100) = Adjusted for Seasonal Variation price to $410,269,000. PRODUCTION average Secu¬ at 37 Reserve INDUSTRIAL /Open dated yet available. $50,- follows: on not 143.0 tl58.1 1425.8 'w ——- Factory employment index, without seasonal adjustment, and payrolls index plied by Bureau of Labor Statistics. was interest ODue Due bonds ' 203 multiply residential by $184,137,000 and all other by $226,132,000. - of Dominion net a 1962 Hobart C. O. BELL. Secretary. contracts, Construction contract May Corp., of Toronto, at 28,500 4s. G. 232 t346 averages. May 1 from on Sale—The by $21^,600 WYOMING 195 t233 . t269 May 1 from on public works bonds about 221 tl98 other •Data , 95.54, Evanston, Wyo., 1961. price of a Lennoxville, Que. rities t223 , All Canada, Dawson, , chased May Employment— 1956 bonds Bond 1.82%,1 basis of about to 1951. pur¬ 231 Apr. Residential composed Co., of Toronto, from 1952 to 1961 declared a dividend of Twenty (20c) per share on the outstanding capital pavable September 15, 1951 to sharehold¬ record The 000 T ' f277 Construction 1957 to 1961 inclusive. Chicago, and Harris, Hall & Co., Inc., jointly, as 2s, at a price of day Cents -ftlock, -4.1, Board Broad & of 335,000 4s. of COMPANY SO bonds chased by Blunt Ellis & PIPE LINE syndicate $67,000 3V2s. Due cor¬ 278 May follows. as 1, Wis. building and refunding 204 IQCrt ival 13 65. Minerals Department store Sale—The issue of $559,- 195 234 iqgt 11 May 223 t233 Nondurable net interest cost of about a 4.57%, Interest Without , Seasonal Adjustment Apr. t223 Total Co., all of Montreal, at July 1, 1961 are callable. Interest J-J. Legality approved by Mit¬ chell & Pershing, of New York DIVIDEND NOTICE Bank 94.62, ' 1950 Manufactures— Hannaford, Ltd., and Casgrain & 1.95%. porate purposes a E. Ames Royal F-A. Bond by to Milwaukee, — >•-•** Total chased exten¬ awarded May production— Durable July 24— INDEX Adjusted for Total Sale—The issue of $402,000 improvement bonds was pur¬ price of 102.83, a basis 1966 follow: 1 QRl Bond (DST) on Aug. 8 for the purchase ©f $2,617,000 sewer of 1951 bonds. Town Hall building bonds. Dated Dated July 1, 1951. Due on July Aug. 1, 1951. Due on Aug. 1 from 1 from 1952 to 1976 inclusive. The year ago, Seasonal Variation Cap-de-la-Madeline, Que. Chicago. 1), Wis. Bond Offering — Roy J. House, Town Clerk, will receive sealed bids until 8 p.m. (CST) on July 30 for the purchase -of $15,000 Bond Offering—Ruby G. 10 a average = 100 for employment and payrolls; 1923-25 average—100 for construction contracts;1935-39 average = 100 for all series. QUEBEC In¬ Route No. until month and 1939 CANADA May on Wis. on production, factory The indexes for May together with employment and payrolls, etc. a Industrial Hobart (P. O. Oneida, Virginia bids 2 $30,000 offered 320—were p. 2V2s, at as tary District (P. O. Arlington), sealed of the Milwaukee Co., of of Arlington County, Arlington Sani¬ receive Cutler, Sale—The bonds 174, v. gality approved by Mitchell Pershing, of New York City. on the State, as 2V2s. Legality approved by & Delavan, Dated July 1, July 1 from 1952 to until 1952 to 1971 inclusive. terest M-N. 10 the bids May Business Index BUSINESS Sept. 1, 1951. Due 1 from bonds. A Federal Reserve Monday, July 30, 1951 . . The Board of Governors of the Federal Reserve System issued June 29 its monthly indexes of industrial Washakie Aug. 7 for the purchase $840,000 Court House bonds. of until 8 p.m. on Dated Braun, Board, School sealed of Due 1976 E. — sealed (CST) Arlington County (P. O. Arlington), Va. Clerk 8 - VIRGINIA • until on County Sch. Dist. No. 6 (P. O. Worland), Wyo. Chippewa County (P. O. Chippewa Bond Sale—The $325,000 build¬ Falls), Wis. Bond Offering—Mildred Gun- ing bonds offered on July 20 v. 174, p. 56—were awarded to derson, County Clerk, will re¬ Le¬ Burlington. of bids Aug. 6 for the pur¬ chase of $100,000 water extension WISCONSIN July 1 from 1952 to on sealed (MST) (P. O. Stevenson), Wash. bonds. Dated Sept. 1, 1951. Due Bond Sale—The issue of $25,on Sept. 1 from 1952 to 1963 in¬ 000 general obligation bonds was clusive. Interest M-S. Legality purchased by the State Finance approved by Pershing, Bosworth, Committee, as 2%s, at par. Dick & Dawson, of Denver. Treasurer, will receive sealed ray, ceive Skamania County Sch. Diet. No. 30 . 158 127 64 products — Ore Miscellaneous Merchandise, - l.c.l. 68 156 li212 148 151 48 — 154 212 Livestock Forest 208 , 51 179 139 112 66 57 61 59 134 160 156 139 11122 296 193 217 133 149 149 135 51 48 51 51 -7 , TRevised. NOTE—To 193 124 ; convert coal and miscellaneous Indexes in Federal Reserve Chart Book, to points in total index, shown: multiply coal by 0.213 and miscellaneous by 0.548."