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BUS. ADM.- MONDAY LIBRARY ISSUE The Commercial and Financial Chronicle Reg. U. S. Pat. Office Volume 172 New Number 4929 Price 75 Cents York, N. Y., Monday, July 31, 1950 Copy a General Corporation and Investment News RAILROAD Affiliated - PUBLIC UTILITY before Federal •After Sales $680,629 taxes $135,706 1,209,720 share common 1,004,250 $0.29 volume $0.08 , like the the Stock and Bond Quotations dividend requirements. during the first of In This Issue 81,000 expansion company's Page six months of 1950 last year, period ran approximately Detroit' Los Reduction Co., Inc. Period End. June 30— Sales Fed. before and Net inc. taxes —V. 2,310,039 $2,232,376 $1,524,328 2,736,856 $0.56 $4,080,133 2,736,856 $1.49 $0.82 Electric Allen Bond Share & Co. 172, Net profit after taxes.. 559,200 share.. per 170, National Quotation Industrial $0.60 company on stock 512,212 559,200 $0.91 629,313 559,200 $1.12 Miscellaneous Features and City Bond 42 Redemption Calls and Sinking Fund Notices_43 Dividends Declared and Payable 9 19 filed 43 Foreign Exchange Rates Combined Condition Statement of Federal record of The at the delivered certificates due-bills.—V. 172, of business Exchange distribution said ex close Stock York New quoted after Aug. Aug. on Reserve of Electric 1950. 1, RECENT FINANCING Outstanding Authorized stock ($1 par value) 160,000 shs. 160,000 shs. 1,000,000 shs. ($6 par value) Cumul. conv. pref. stock Stock Offered—Hill, 600,000 shs. —V. share these the 1950 fiscal year amounted to $436,193, equal to $1.51 per share on the 289,450 shares of preferred stock outstanding. These compared with earnings of $4,932,114, equal after preferred dividend requirements to $4.85 per share on 599,400 shares of common stock outstanding, during the previous fiscal year. picture rectifier also produces a full line of electrical attachment plus, caps and taps as well as electric extension cord sets, fluorescent starter sockets, lamp holders and lamp holder adjusters. company 700 of day per 2,500 Is currently producing television tubes at the rate but expects soon to be in a position to produce 2,000 company tubes per to to Teletone Stromberg-Carlson, and Westing- house. . located in Irvington, N. J. The premises four properties, adjacent and connected. Of these four properties, two having a floor area of 60,000 square feet, are owned in fee; and two, each having an area of 20,000 square feet, are rented. One two-story building is rented under a lease which expires Nov. 30, 1954; the company has an option to purchase this bfniding at the appraised value $93,250. The other leased property is rented under a lease expiring Sept. 15, Thei company's manufacturing plant consist of and offices buildings on are company building, Net 1950 used sales were of also rents 7,500 square feet of space in a nearby the $2,702,834 company and for the net income nine for 134,097 819,290 65,421 63,939 33,686 243,556 437,441 56,509 82,393 32,466 19,262 1,867,835 sale on of 10,647,218 7,787,111 9,028,399 1,562,947 554,572 388,821 342,077 180,373 347,563 127,968 124,894 116,434 149,607 226,021 455,440 ended March period was $89,192. months the 31, „ 440 curities Total 893,714 272,809 royalties to prop, on sale retirem't of taxes, Net Pfd. 6,353 f . before 555,761 taxes__ earnings 6,539,547 7,922,236 3,485,762 2,435,595 2,746,194 436,193 dividends 4,103,952 5,176,042 2,026,150 1,798,200 2,026,150 2,026,150 1,798,200 1,798,200 $1.51 paid 4,932,114 1,519,612 1,798,200 paid dividends Earnings 8,417,876 119,568 etc. income Common $4.85 $3.47 share per • securs. earnings, tFederal ; 72,764 72,787 charges— on Net 8,022,065 se¬ Miscellaneous •Including taxes before (in $158,828 charges selling administration, shown are made and and Cash in U. and 1948), the to benefit tax of general $98,359 $363,203 for Reserve and $5.26 (in Employees tFederal expenses. (in 1950), 1947) as $94,054 result a Welfare plan. SHEET, APRIL tNotes cDeposits CONSOLIDATED and BALANCE 30 accounts cash at $ 81,498,866 12,545,984 7,609,574 31,099,097 15,939,922 (net) securities insurance, 11,262,838 260,843 289,353 1,402,239 2,932,064 59,430,070 67,910,973 „ charges — Inventories securities 844,281 for etc escalation 78,129,290 1,100,000 (estimated) Misc. 1948 $ 14,940,280 cost receivable and unfilled 1949 61,660,018 hand on securities, of 29,435,274 1,151,810 (net)— 1,614,893 1,205,020 1,923,762 771,801 827,998 748,133 54,039 101,719 103,564 122,039,143 taxes, 189,930,171 174,824,393 insurance, etc.-, securities (less reserves) Total LIABILITIES— Preferred stock payable Accounts Prov. ($100 par) (599,400 28,945,000 28,945,000 29,970,000 29,970.000 28,945,000 29,970,000 5,000,000 35,000,000 21,875|oOo etc.-— 8,084,828 19,136,646 18,324,091 local taxes 1,003,032 14,192,571 4,426,683 174,750 Common stock 1,154,551 1,068,795 par no shs.) (banks) payable, payrolls, for Fed., State and Advance payments received on sales contracts Reserve for contingencies, 7,074,630 8,258,211 8.795 988 plan— 4,386,117 4,547,309 4 stock 735,745 735,745 735 745 Sinking fund debentures of Shippers' Car Line Corp 9,430,000 10,115,000 10,800 000 Res. for Reserve employees' for divs. etc welfare on common —— Minority interest Capital surplus 10,187 reserve $53,806,388 to one $14,940,280; marketable securities V. 172, 1950, year. 42,226,316 for amortization 189,930,171 174,824,393 and depreciation of 2 949'391 $55 898 130 in The Mr. in 193. Government securities to $1,100,000. company continues in "with its company Hardy stated, St. Louis Listed and Unlisted Securities "a sound, strong and cash position entirely fluid condition," satisfactory and Edward D.Jones & Co., present and prospective. Inventories are not out of line with the volume of work on the books." Bank loans which amounted to $35,000,000 at the beginning of the latest fiscal year all for needs, our the period were reduced to paid," he continued. "at the close of will shortly $5,000,000—and this the company has accomplished much in the business, Mr. Hardy declared that ACF has additionally the problem of the number and location of its manu¬ facturing plants. The company, he explained, was formed in 1899 Pointing out Established York Stock Exchange Midwest Stock Exchange Chicago Board of Trade its / Missouri Members New that of 1871 300 North 4th St., St. Louis 2, be New in 1949, and $53,237,261 in 1948. tlncludes $742 030 1949, and $480,113 in 1948, maturing subsequent lAfter deducting $600,000 U. S. tax savings notes — $363,292 p. 7 347 2,949,391 44,917,204 .___ Total •After 8,543 2,949,391 surplus 24,275,464 122,039,143 Earned 1950, 700'038 000,000. sufficient of §After $ banks & (in allowances. property Govt, S. in entered the current fiscal year with "orders oh the books amounting to approximately $42,000,000—an amount which has been substantially increased by business booked" since the close of the fiscal year covered by the annual report. A year earlier backlog of unfilled orders aggregated approximately $130,the said diversification principally for storage. S. and U. Hardy amount 1954. The 114,831 434,069 discounts Profit showed total liabilities of sheet as of April 30, last, $58,550,413 compared with current balance Cash alone amounted to $1,151,810; Mr day. The company supplies picture tubes to a number including Bendix, Capehart-Farnsworth, Crosley, Magnavox, of assets current $14,947,610. manufacturers set Hallicrafters, consolidated The of during earnings Net corporation, incorporated in 1935, manufactures tubes for use in television receivers and also tubes, aluminized reflector lamps, infra-red lamps, spot lamps, flood lamps and various other kinds of lamps. The Sales Earnings—Diversification Cited—According to the 51st annual report of the corporation issued on July 25 by Charles J. Hardy, Chairman, consolidated net sales during the fiscal year ended April 30, 1950, totaled $147,470,154. For the preceding fiscal year the company had reported sales of $219,648,483, the second largest annual sales volume in the company's history. BUSINESS—The manufacturers Foundry Co.—Reports Reduced American Car & and securities the company will use the proceeds to pay bank loans and accounts payable, to purchase addi¬ tional equipment and machinery and for additional working capital to carry increased payrolls and inventory, and for other corporate use. cathode-ray Cash Notes basis. sale of 7,141,367 263,385 47,173 Marketable with PROCEEDS—Upon The $839,266 105. p. Distribution — The First Boston Corp. and associates on July 26 made a secondary distribution of 56,210 shares of common stock (no par) at $63.87 V2 per share net, with a dealer's discount of $1 per share.—V. 171, p. 2293. Hill, Thompson ir. the offering are: Brainard-Judd & Co.; Fraser, Phelps & Co.; Hiscox, Van Meter & Co., Inc.; William N. Pope. Inc. and C. T. Williams & Co., Inc. The preferred stock is entitled to cumulative dividends at the rate of $.45 per share, and is subject to redemption at $7.50 per share plus accrued dividends. It is convertible into common stock on a heat 172, 1950—12 Mos.—1949 $4,295,613 $1,669,690 Aluminium Ltd.—Secondary share. for 9,683,974 114,604 444,147 Royalties Prepaid (par $1) in units of preferred and one-half share of common stock at $7.50 per unit. The same bankers also offered an additional 20,000 shares of common stock at $4.50 per share 965,259 105,192 income—dividends compensation, $2,724,473 Sales of Associated 3,883.931 Interest Accrued 1950—6 Mos.—1949 Period End. June 30— 80,000 shares of common stock share sold Earnings from oper.__ Other ♦Plant EFFECT IN GIVING CAPITALIZATION Thompson & Co., Inc. on July 25 publicly offered 160,000 of 45-cent convertible preferred stock (par $6) one goods 131,360,756 132,820,244 1.950 shares and of ASSETS— Com. — 206,213,644 121,003,720 121,875,968 3,750,865 3,215,669 2,922,210 car COMPARATIVE directed that the common stock be until further notice; and that all 1, 1950, must be accompanied by Products, Inc. •Cost 1949), 43 System June Sales Increased— Allied $ 219,648,483 142,620,964 and Depreciation discounts 281. p. 1947 $ * 43 Condition Statement of Member Banks Distribution— & Dye Corp.—Stock Federal not 1948 $ 147,470,154 sales rentals 52 Offerings The Course of Bank Clearings Pa.—Files With SEC— special meeting to be held on July 31, 1950, an amendment to the certificate of incorporation will be filed on Aug. 1, 1950, pursuant to which a split-up will be effected in the common stock, of no par value, by the distribution on or about Sept. 1, 1950, of three additional shares to holders of each share §Gross Loss of stockholders at a approval to ACCOUNT INCOME 1949 $ _ (par $100), Chemical Allied are 1950 April 30— Loss Reserve Banks Subject profitable COMPARATIVE CONSOLIDATED Years End. Corporation & Investment News_Cover General July the activities Charged 1,500 shares of 6% common of whose to rearrange¬ equipment as those whose facilities are otherwise engaged. The accomplishment of this will naturally involve some cost, but ,is necessary for the profitable operation of our company as a whole." Miscellaneous a letter of notification with the SEC preferred stock (par $100) and 750 shares both issues to be offered at par, without underwriting. The proceeds are to be used to pay for expansion of plant and development of other electronic products. The those designed a facilities as will give reason¬ operation of all our facilities, as given entirely to the building of Interest charges State of assurance development a program involving such under condition—this manufacturing and railroad Stock Averages_31 1950—6 Mos—1949 257,960 559.200 $0.46 Allen Organ Co., Allentown, covering Markets Stock and Bond Averages 2605/ p. Exchange—Curb Section $5,753,987 $15,616,053 $11,996,695 334,732 outstdg. $8,728,321 Earnings Exchange Transactions New York Stock Exchange 1. p. 1950—3 Mos.—1949 sales shares Exchange Stock Toronto Industries, Inc.—Earnings— Period End. June 30— —V. Toronto Acquisition— below.—V. has this of plants 31 Curb Stock Montreal Over-the-Counter Net Capital (Dow, Jones) Exchange Stock Montreal 1781. p. Alabama Power Co.—Proposed See San Francisco Stock Exchange____ $3,341,758 2,736,856 $1.22 2,736,856 35 35 35 36 37 38 40 41 32 32 Pittsburgh Stock Exchange 2,295,765 share per 171, 1,055,353 outstdg. shares Earnings 32 Transactions New York Curb Exchange 1,357,977 income Capital 1950—6 Mos.—1949 evils our well 33 34 Exchange management the of able 32 Exchange Exchange Stock ment 32 Philadelphia-Baltimore Stock Exchange $23,961,699 $22,741,045 $46,013,984 $46,373,336 3,590,353 2,579,681 6,390,172 5,637,523 taxes inc. for. Stock "The correct 27 Exchange carbuilding plants, located, and not parts of our country." "A number number of in various a strategically, 23 (Bonds) Angeles Stock Exchange Midwest Subs.) — Wholly-Owned 1950—3 Mos.—1949 : Profit (& Exchange Stock Cincinnati 2605. Air Stock Boston of merger a the 11 New York Curb Exchange was and nearing full production. At present, the plant there is producing and shipping furnaces, unit heaters and water heaters, he added.—V. 171, p, (Stocks) Exchange Stock York New Ind., Indianapolis, in program Lyle C. Harvey, President, said that work at that plant, which acquired in January of this year, is making satisfactory progress State York New he added. MISCELLANEOUS - plants," he said, "have since been disposed of—but even so, we today have a number of plants, representing an investment of many millions of dollars, the facilities of all of which cannot at all times be kept in profitable operation." Because of the sporadic nature of equipment buying by railroads, he said, "the earnings of such of our plants as may be profitably engaged have of necessity had imposed upon them the burden of carrying the plants not so fortun¬ ately situated. $216,706 267,557 outstanding per Discussing of $413,072 preferred ahead "by 1949 taxes shares ♦Earnings INSURANCE always 1950 income Common 36% income income Net • Gas Equipment, Inc.—Earnings— Six Months Ended June 30— Profit INDUSTRIAL . York Curb Exchange (Associate) Phone CEntral 7600 Bell Teletype SL 593 2 The Commercial and Financial Chronicle (378) Period End. June 30— company, holding company subsidiary of Electric Bond & Co., has been granted an extension to May 2, 1951, within to comply with an SEC decision directing its recapitalization, announced on July 20. This Share which it was Commission The organize amount of a income- 6,025.375 6,203,310 rue 5,749,655 21,957,243 18,852,787 26,545,613 5,651,597 oper. 23,744,549 Lee Lyles, after the of the of also was tions Foreign Power states that it is now engaged in the formulation of plan of reorganization which it hopes to file in the near future. fit has supplied financial data on the company and its subsidiaries for the past ten years and a forecast for the year 1950 to all partici¬ pants and others interested in the reorganization of the company, and Jias received many suggestions as to the terms of reorganization. Assistant extended an He to President, died Relations the of Association Public Chicago, 111., in 21, July on illness. member a Advisory Railroads American of Society Committee America.—V. of and 172, Rela¬ Public on also director a 2. p. Atlanta & present decision, the Commission noted that "in the next years substantial additions to the system will be required in order to meet the growing demands for electric service, and that the efficient and economical raising of the necessary capital is largely Net profit the ry. 1948 1947 $211,256 111,903 35,708 97,106 sale of an investment. No dividends were received Company during either the 1950 or 1949 period. on T. Nalle, Baltimore & Ohio Net from Net ry. 47,963 10,315 40,576 ■—V. 172, p. 1950—6 Mos.—1949 1950 1950—Month—1949 $ $ $ $ 31,664,518 185,008,900 190,286,457 oper. 6,672,656 6,013.252 33,870,113 37,810,081 income-,. 3,089,184 2,452,477 15,989,449 17,515.680 1,522,141 857,178 5,324,005 6,846,357 revs rev. from ry. ry. oper. income 1,204.562 947,229 712.176 319.777 570 9' 3 392 46 ) 302,514 115,802 235,632 To Lease 19,322 942.613 159,273 Roy have income™ oper. RR.—Earnings— 33,942,641 oper. Net 1,446,312 railway. railway from of President Period End. June 30— 53.231 income™ oper. is $142,039 railway from Phila¬ Midvale Net 1949 $126,711 From Jan. 1— Gross is Foreign Power be consummated without delay.—V. 171, p. 1257. from the Smith, Net -Earnings— $233,783 railway at through 1950, 1, 1950 from Net sound reorganization of the company. Under such imperative that the corporate simplification of a St. Andrews Bay Ry June— Gross its it Sept. on W. Railway 'five circumstances redemption stock this of P. Morgan & Co., Inc., New York. dividend on the 7% preferred stock President, reported that consolidated sales of this company and its wholly-owned subsidiaries for the first half of this year were $45,930,859 and that net profits amounted to $1,552,645, compared with sales of $68,032,019 and net profits of $1,829,627 for the corresponding period of 1949. The profit for the 1950 period includes $365,150 non-recurring sinking fund, $70,000 of first mortgage 3% bonds due 1963 at 101'A % and accrued interest. Payment will be made at the Citizens & Southern National Bank, trustee, Atlanta, Ga.—V. 171, p. 2294. because of the conflict in the views expressed and the ■many problems involved, the company requested addiitonal time to formulate a satisfactory plan. It states that it is attempting to formulate a plan which will meet no serious objections from the (•participants in the proceedings in the hope that consummation thereof will be considerably expedited. dependent upon for M. the However, In has called surrender upon at J. or semi-annual Midvale, reported that sajes oi the latter company totaled $5,071,303 during the first six months of this year and that operations resulted in a loss of $226,566.—V. 171, p. 649. Atlanta Gas Light Co.—Partial Redemption— company regular Monday, July 31, 1950 . payable Sept. 1 to holders of record Aug. 11. R. a This made be delphia National Bank 1950—6 Mos.—1949 Obituary— existing meet the standards of the Holding Company Act. then income securities debt of ry. Net 1950—Month—1949 $43,030,600 $44,985,458 $219,258,014 $236,419,791 revenues Net 2, 1949, ordered Foreign Power to re¬ single class of common stock, together as will under the circumstances May on basis the on such with Gross will Payment Atchison, Topeka & Santa Fe Ry.—Earnings— Inc.—Granted Exten¬ American & Foreign Power Co., sion— . . 2. for maue offered recently plan bjciety. railroads by Works Locomotive Baldwin The President, on July 27 announced that arrangements the leasing o. ^8 diesei electric io_omouves under White, B. been the the builder, is the Equitable Life be 1600 of Assurance 38 units, ireight locomotives and 24 will be 1000 hp. Six oi the s it hers have alreaav been delivered balance of, the 38 are scheduled to be delivered by November. will 14 Equipment— and the ,hp. switching locomotives. President American Insurance Co., Newark, N.J.—New Vitt C. B. has been elected to President succeed P. B. Atlantic City Electric Co. The sale Sommers, to this company Acquisition—Financing— — of Deepwater Lignt & power has The to 2seiies preferred 2294. 171, p. nurchase plished by the proposed offering of 380,607 shares of common stock < no par ) common stockholders of record June 21 has been postponed in¬ The chase American Chemical Potash & •Net * com. per After 1950—6 Mos —1949 sh.__ $707,732 $1,035,907 $1.70 $406,320 $0.64 $491,169 Stf.tiO profit ■Earns, $1.25 than taxes. +Based on the combined 528,390 shares B common stocks after allowing for preferred dividend charges and of class A and the six months ended June 30, plur.t five 170, p. 2433. Telephone first additional construction program means of course a continuing need capital, the greater part of v.hich should be obtained by issu¬ The heavy for new ing stock either through conversion of convertible debentures or other¬ wise. Over $60,000,000 of the company's debentures were converted into stock during the second quarter and more than $140,000,000 have converted been since the start the of addition, In year. 1,600,000 Employees' Stock Plan, employees are purchasing stock through monthly installment payments. OF AMERICAN TELEPHONE EARNINGS Period End. June 30— under Public approval of the sale Utility given was Commissioners and COMPARATIVE needed pu- of the by the New Jersey Board Federal STATEMENT of Commission. Power CO. Operating Oper. revenue Si,432,157 — deductions— rev. ry. Net $1,327,327 $17,041,352 $15,581,531 1,088,709 14,173,319 $234,618 $2,868,033 -Fed. revenues taxes Other operating Net income Gross 2,281 27,364 14,210,000 9,470,000 6,773,977 56,816,681 $236,899 $2,895,397 Provision 3,510,000 3,573,266 55,430 738,437 —V. 658,265 Net etc., deductions income Preferred -V. $190,524 dividends. $131,469 $1,9G4.874 $2,156,963 24,438 per 172, 22,865 293,250 224,532 $136,086 $158,604 $1,863,710 $1,740,342 $0.14 $0.14 $1.59 BrlO,000 __ 206,676 20,000 64,912 deductions Interest met 14,580,000 income be unification a of . 61,530,000 $2.56 share per SYSTEM CONSOLIDATED [Including Co. and Its Principal p. * 562,741,861 inc. 49,395,795 24,925,921 Other oper. taxes 64,995,023 •Net inc. Total •Int. inc._ oper. 65,734.295 358,697,933 14,506,689 51,719,147 at * 205,179,954 253,110,818 59,740,091 410,417,080 115,481.852 312,850,909 26,874,659 87,929,330 53,366,325 294,935,228 212,987,234 80,240,984 income — Applic. to mi¬ nority int. App. to A. T. f. The and 10,160,198 6,323,651 84,977,812 51,939,071 284,775.030 206,663,583 $2.20 $11.22 $8.89 per share *9ased first part The Six Months Ended June 30— 1950 taxes——_ income income Common shares outstanding •Earnings per common share will 1950 from railway-— railway oper. $778,900 229.788 income— 171, p. $2.77 -nm —V. of the first $42,342,186 be paid Line's off, cash cash 1 r«Uwav holders payment of the interest $100 Coast c /, Coast first and the other to divisional holders of unsecured first mortgage claims 1949 1943 1947 $593,461 $762,935 206,571 participating no-par common cumulative con- 3,768.076 4,275.3% 1.167.732 629,755 865.022 3.773.336 746,408 232,537 387,273 292,555 200.00 stock (stated at » of first and by the Atlantic Coast Line RR. refunding mortgage bonds, a? Prided in the proposed modified foregoing tables. Atlantic Coast Line aate over t»:0 ?,ny ®Pecial J*'ens imposed hy the Court in favor of the the °. md dividends consummation on of .RR. the Co. new adiustments (The) Aspinook Corp.—Debentures Privately Placed— company has placed privately through Glore, For- $4,000,000 4% sinking fpnd deben¬ tures dated July 1, 1950, and due July 1, 1965, it was an¬ nounced on July 26.—V. 171, p. 1353 set June on N. Y., bond. filing claims in for authorized The distribute to the 1934, $45.83 per 29 to 1, June due wvis $500 per date Pa., York, New above will receive order to of of receive the $36.56 $1,000 per bond and 7% $18.28 per 1665. p. -Earnings— 1243 1949 1947 $2,782,001 $2,669,925 $3,067,422 1,127,603 705,759 1,003,4"2 1.739.583 2,561,768 1,427,831 647,733 1.225,823 974,092 9,439.961 railway from ry. their present deposit 1950 from should The New York Trust Co. issued for first mortgage to coupons net a 126, bondholders payment, railway—— oper. income—_ From Jan. 1— from Net from ry. —V, 172, p. 11.070,055 9,846,327 3,421.401 1,348,170 income..— 2. 11,668,019 2.201,752 railway railway.— oper. 2,501,345 4,016.553 3,298.525 3,753,387 3,218,710 Bethlehem Steel Corp. (& Subs.)—Earnings— 1950—6 Mos.—1949 1950—3 Mos.—1949 Period End. June 30— $ $> $ $ 354;505,134 351,475,219 670,866,472 714,988,775 lowing deductions Int, for Prov. per com. 42,500,000 43,000,000 31,667,643 income ''Earns. 17,572,590 19,200,000 26,749,029 57,240,573 $2.62 $5.63 59,878,603 ,$5.91 1,264,273 share $3.13 "After deducting quarterly dividends on of of 1950 3.380,116 for iingots and castings) for the second quarter tons averaged 102% of the rated capacity of net tons per tons net the the preferred stock. production 3.835,069 net 16,904,513 based income Net 8,525,654 24,000,000 taxes 55,738,956 8,772,738 deprec and 119,752,781 122,304,384 2.439,618 2,521,268 65,631,330 1,190,949 other charges. and Deplet. for second with steel annum, as compared the first quarter of quarter of tively,, of the then rated capacity. mately 103% of capacity.—V. 171, and 1950 production of 3,578*098 net and 100.5%, respec¬ Current steel production is approxi¬ 1949, or 90.9% p. 2509. plan which would affect would Also pay over cash equal to securities from Jan. l. 1950 to the the plan, and such cash would be distributed 8 2 such . °,f *he new securities. Assuming the continuance of 4. a share a year on the Atlantic Coast Line RR. common interest and dividends would. total $1,488,750 a year, or Atlas Imperial Diesel Engine Co.—Sells Engine Div.— See National Supply Co. below—V. 169, p. to Common and Preferred Stockholders— Electric See Bond Share & 2094. Baldwin Locomotive Wprks—To Redeem .7% Preferred Stock—Sales and .Earnings Lower— ZIjP $30, . called for redemption on Sept. 1 ail of the shares of 7% cumulative preferred stock, par at $40 per share. 172, p. 106. Blaw^Kmox Co.—Earnings— Period End. June 30— Shipments "Net and profit Capital shs. Earnings "After per 1950—3 Mos.—1949 outstdg— share charges 1950—6 Mos —1949 billings $15,193,873 $18,389,491 $26,450,933 $35,518,828 1,024.872 1,026.882 1,301.530 1,952,858 and 1,411,468 $0.72 taxes.—V. 171, 1,411,468 $0.72 p. 1,411,468 $0.92 1,411,468 $1.38 1782. Boeing Airplane Co.—Earningssix Months Ended June 30— and other Net 1950 income ____. expenses company's as $ 110,825,138 134,324,819*110,162,789 5,964.1^2 share backlog $319,515,165.—V. of en $0.61 stratocruiser project. unfilled orders 170, p. 662,349 $5.51 ____• "Includes $5,900,000 write-off The and taxes. 140,288.981 income Earnings per given ._ 1949 S Sales Cost of sales and other •7-rT^o di^ors™ Ju!v 27 below.—V. Co. would Zf iv? Vear the secur'ties aggregating $833.33 listed in the second of the above tables.—V. 172, p. 193. The Pittsburgh, certificates bond.—V. tons 133.33 If the properties should be taken noiaers 59,123 4.495.164 shares Birmingham Electric Co.—Exchange Offer to Be Made $583,892 55.518 proposal to increase the to 4,000,000 shares, a 2,500,000 •- trustee, appurtenant of 15,000,000 200.00 RR. with NOTE—Steel 300.00 income divisional mortgage preferred stock (par $100) Line the the receive Net fixed bonds RR. approved 6 from mortgage $22.92 and was at Co., Net billings- bonds Line $1.73 193. Bessemer & Lake Erie RR. new refund¬ share) Per 9,641 25-year 75-year *«erH "*'antic • 123.623 gan & Co. an issue of 3%% RR. $1.18 Total income before fol- 90as' Line RR. general interest 1,746 172, p. 1. Line stock June— $90.00 4y4% the 111,4.23 1T»rtC;;er',ir*COme—641,875 28 bonds the estate being used for $1,000 bond: Coast 1948 $2,642,188 1,531,334 from relatively small. Atlantic. 1949 $1,801,212 1,531,334 ' distribution. Holders Line's cash payment and the to the July on p. lir t the bond July above Gross 6,000,000 and that any distribution be 1950 $1,968,729 1,531,334 $1.29 Court Trust of Net con¬ (stated par 172, Federal Net would Coast be distributed of 2222. p. (& Subs.)—Earnings— Co. Federal taxes outstanding.—_ common York $1,C00 9.000,000 no Cash ♦v! 2294. From Jan. 1— 9r?Sl.from f,allwfty - stock Making no allowance for the distribution to other holders of un¬ secured claims, the holders of the first-and-refunding mortgage bonns would receive per $2,118,845 715,550 $1.71 * 'RR.—Earnings— June— ry. cumulative 9,000,000 1 Atlantic $1.60 Telephone Co. of Pennsylvania—Stock Increased holders Gross (par $100)™ common : the 377,441 $2.03 below.—V. 168, fixed 1,520,658 _ ♦After preferred dividend requirements.—V. from follows: as refunding mortgage bonds will thenbe holders of an unsecured deficiency claim and other unsecured have been assigned to the trustees of their mortgage. It is ex¬ Claims 1949 taxes Net plan mortgage participating stock mortgage bonds of $3,639,503 $2;590,115 1,431,100 income $4,440,202 1,850,087 before .'Provision lor Net first share) holders Atlantic Anchor Hocking Glass Corp. (& Subs.)—Earnings— Gross the ing mortgage bonds and the holders of unsecured claims. on Ann Arbor RR. RR. $606,320 377,441 Bertha-Consumers' Co.—Distribution to Bondholders— 13,500.000 — securities would average number of shares outstanding. ' tlncludes pro¬ interest in net earnings of Western Electric Co. and all other subsidiaries not consolidated (partly estimated).—V. 172, p. 193. •Net divisional 1^a^ancei °f the Atlantic Coast portionate i>Prcfit Line Line $767,917 1782. $100.—V. on $3.13 earns, under that purpose. 99,863,675 Co. stock ♦Con. 1,427,254 RR. preferred $100 per pected 2,951,518 the Atlantic with provisions as of Jan. 1, calculations 25-year bonds—. Coast Coast Total selves Net Line 371,612 $494,843 377,441 $1.31 ,— Radio Corp. stockholders The $4,842,186 vertible 4% Atlantic 116,632,276 28,702,946 deducs. and conveyance, on there 2.728,678,720 239,756,417 12,264,646 income Coast Ry. or plan „ Coast interest 3% % 2,271,397,292 2,173,721,711 158,698,369 96,666,237 104,367,630 (net) ■ _ Atlantic Atlantic $ 3.028,550,011 56,166,153 tOther East modified Atlantic Coast Line RR. general income divisional mortgage bonds 4'/4% 75-year bonds REPORT $ 709,568,230 576,083,307 the Florida distribution based par New $9.21 1950—12 Mos.—1949 $ 794,841,755 revs. Oper. exps. ;Fed. taxes on 171, To Cash $977,932 366,757 share per 1950. Subsidiaries! Telephone 1950—3 Mos.—1049 $ >Oper. EARNINGS shares —V. $500 companies. outstanding profit after Capital provide cash and securities for distribution $9.90 $1,134,674 176,062 taxes Beech-Nut Packing bonds $2.30 1948 1949 1950 $670,905 taxes— Six Months Ended June 3C— Net If the Florida East Coast properties be taken over free of any special liens imposed by the Court in favor of the holders of the debtor's first and refund ng mortgage bonds, the Atlantic Coast Line RR. would •Figures for June, 1950, partly estimated. tBased on average number shares outstanding. tDoes not include the company's proportionate Period End. May 31— cash 1,629,750 Bayway Terminal Corp.—Leases Space to Radio Firm 54,497,011 254,470,000 214,951,755 interest in .undistributed earnings of subsidiary BELL of by merger, consolidation a 1,450,567 105. p. income shares authorized RR.—Proposes Merger— on for reserves and 3,596,376 1,901,714 *50,207 170, p. 2020. 53,245,196 231,250.000 210,019,534 69,990,000 'Dividends tEarns. 67,228,836 313,930,000 262,777,417 12,731,825 59,460,000 47,825,662 84,570,000 Line July 26 by C. McD. Davis, President. According to Mr. Davis, under the proposed would for Earnings A proposal by this company for modifications of the plan of re¬ organization of the Florida East Coast Ry. Co., approved by the Inter¬ state Commerce Commission on April 8, 1947, and March 25, 1948, and remanded by the courts to the Commission early this year, was an¬ nounced $8,656,159 3,250,967 1,711,282 profit Bell Coast 1950—6 Mos.—1949 $7,471,232 *35,682 *3,482 Corp.—Earnings- See Tele-Tone 105. p. Coast Line RR. income Total cars. $1.51 share- com. Atlantic 14,223.053 14,900,000 bids lor gondola '/2 656,562 Earnings per share $2,623,139 60,480 172, before income The 33,150,000 26,660,294 265,860,000 221,687,394 asked steel 164,431 95,888 income.- oper. Barber Oil 22,309 $251,004 income Interest, Earns, 16,156.000 13,016,257 18,140,000 3,369,309 71,600,000 - Other income, (net) 3,929,000 3,720,000 - income Interest 5,720,000 taxes— income- oper. Dividend 40,300,000 expenses.^on income- just 1950—Month—1949 oper. six Months Ended June 30— Profit $2,600,833 2,117 ry. "Deficit.—V. $ Operating Operating has O 70-tons 12,980,751 $248,887 Operating income 55,682,675 226,780,000 223.411.468 41,610,389 161.280.000 167.578,917 59,210.000 & B 1000 $753,072 income Net 1950—12 Mos.—1949 1,183,270 Other income "1950—12 Mos.- -1949 *1950—3 Mos.—1949 the and cars 52,827 from rev. INCOME OF 1950—Month—1949 ! Balance TELEGRAPH AND box revs oper. Net Net to Capital the shares steel 193. p, Period End. June 30— Railway Leroy A. Wilson, President, on July 6, said in part: • that announced fifty-ton 172, Bangor & Aroostook RR. Co.—Earnings— accom¬ bonds, cumulative 4% is amount was mortgage series, » Co.—Earnings— Telegraph & financing third in been Period End. June 30— American The and $4,600,000 $2,000,000 and $100. par has totaled $7,536,736, 1950, against $6,605,138 in the same period last year.—V. also White 1000 —V. years. Formal lequirements. Net sales for stock, $6,200,000 was institutions of 1980, Jointly owned since 1930 by the Atlantic City and the Deepwater companies, and acquisition of the ent.re property will give Atlantic City Electric a capacity of 235,000 kw., Mr. England said. He further stated that this is sufficient capacity to supply the needs of the rapidly growing southern New Jersey area for more Corp.—Earnings—^ 1950—3 Mos.—1949 price sale to due inventory, particularly coal, at the Deepwater plant. This Period End. June 30— the Mr. on 24. Postponed American Natural Gas Co.—Stock Offering definitely.—V. jointly owned Deepwater generating station at Deepwater, N. J., been consummated, B. L. England, President, announced on July Mr. Sommers will remain as a director.— icsigned, effective Aug. 1. 171, p, 1881. V. and Co.'s portion the of 1910. as Of June 30, 1950, was Volume 172 Boston Number 4929 Operating Taxes Equip, $7,243,337 $6,549,427 $40,309,190 $41,558,331 5,412,313 5,470,020 32,806,313 33,699,258 761,558 521,281 3,295,428 3,529,098 328.385 183,854 1,895,086 1,521,222 32,763 29,692 190,885 200,759 $708,318 $344,580 $2,121,478 $2,607,994 53,138 69,061 444,230 447,701 $761,456 $413,641 $2,565,708 288,871 1,644,021 185,613 190,851 1,118.406 1,761,208 1,150,223 _ fac. (Dn_ (Or) rents railway railway Net from Net ry. ry. income oper. income Gross income int.. Rentals, _ etc charges Contingent from — from Net income 172, *$196,719 *$66,081 $307,823 __— ♦Deficit.—V. $144,264 193. p. 1947 $153,000 *58,072 *99,569 *79,609 *55,700 *146,591 *111,596 *104,957 1,117,000 *310,443 1,009,000 1,177,000 ry. *477,479 *303,390 *242,390 *787,915 *637,461 *564,728 income Central The 172, Power York, N. 1974, debentures due the City of New York, that definitive 2%% Exchange sinking fund available for delivery in exchange for tempo¬ of announces are 43 Coble C. Terminal "On of Co. June the of substantially Co., the on indenture as Haven New basis tenant to stock such York New Stock Gross of holders to 20, Ex¬ Boston Net market of 1949 1948 1947 $786,0C0 138,248 50,250 $976,000 The and the report of Commission the prevailing at prices the New York Rockland-Atlas the 214,143 which "After shares, includes accrued Commission's $9,000,000. This undervaluation attributable seems the to at of $4,886,000 least complete failure for such presentation claims, the of "Accordingly, a minimum the of to non-adversary the the to attorney any specific minimum July on values the of bondholders' 1950, 18, Net from Net ry. —V. the of character If for satisfaction available assets contentions are correct, the assets available to satisfy the bonds should be valued conservatively at about $18,000,000, equivalent to about $1,200 per $1,000 bond, compared with the $859 per bond offered under the proposed plan. the my present moment I understand opposing the that I am the sole intervenor the the Commission that pending the latter's report, the bank received advices from independent bondholders purporting to hold an aggregate of plan. Rockland-Atlas $2,409,500 least principal $1,120 in However, Bank, National compliance with my request, indenture trustee, has notified as of amount bonds to the that effect at unless principal amount of bonds, the offer of the using railroads should be rejected. Out of this body of bondholders, it is possible that, in protection of their interests, a group may gather to assure aggressive representation of bondholders' paid was each for $1,000 Interests. final for reorganization. the the of use continues to liable the In terminal accrue railroads to the proposed plan may delay the meantime, the liability of the railroads opposition my for facilities continues to grow, and interest claims, for which the railroad bondholders' the on deficiency will have to make compensation. opinion that bondholders will gain more by insisting on a fair plan than by accepting the offer of the railroads on which the proposed plan is based."—V. 172, p. 193. or In is it event, any York Period End. June any shs. tEarns. metal sales tax in giving effect writedown of first months six tAfter credits. after t$l,631,004 942,990 Nil 942,990 $1.91 Nil tLoss taxes. inventory $3,900,332 income 942,990 $1.15 income from and and months Federal 1950—6 Mos.—1949 $1,833 081 t$l.718.378 942,990 share Federal gage 171, $2,670,332 after and to losses first in on of of this of Jan. (last in, first out). inventory valuation to "LIFO" this method quarter by the six valuation of 356,000 reduces compared as months ended June 30, profit net to surplus to former basis the basis It declares that 1950. 1. as in and a the the 1950, by $434,000.—V. 171, p. The and mature to 1951, in Sept. to 1, the for finance 8EC be to are 570.000 covering offered July on at filed 20 shares of cents 50 letter a The proceeds are Net to be used for Net John Blair. E. working capital.—V. 170, President, June on reported 30 approximately that outstanding shares of Hale Bros. Stores, Inc., common been deposited for exchange into Broadway Dept. Stores had stock.—V. ry. 171, p. 2194. Utilities Co.—Bonds Placed Pri¬ has sold $975,000 of first mort¬ gage bonds, series D, due in 1980, through The First California Co. to The Mutual Life Insurance Co. of New company of used the to loan, pay construction off together with proceeds of bank loans and to finance other financing, part of the cost from Net ry. —V ( butane-propane in California, air provide public utility service In water and telephone fields to com¬ Nevada, Idaho and Wyoming.—V. 171, gas, Oregon, Cameron (Wm.) Co. & Statement Registration — $2,761,029 $2,275,225 488,786 $2,192,883 261,451 100.000 shares are to be offered to the public at $19 per share 59.000 shares to employees at $16.95 per share. Dealers may act total, 260,548 15,779,807 income— 1,240,956 13,749,410 1,920,371 239,873 registered with the SEC were 2510. remaining 20.833 shares originally The 948,349 388,485 182,758 368,931 516,345 151,981 railway 1,327,378 588,602 247,922 371,408 income 9. p. received has corporation SEC authorization from registration.—V. Commercial Dana William and 171, p. bia's construction 1950 NOTE: Union, On $35.00 account of per the year; in Dominion fluctuations in the sale for York, Y., N. to up it of chase from program. received by will be Bids 11:30 the corporation,, at 120 East 41st St., New (EDT) on Aug. 1, 1950, for the pur¬ of debentures, series B, due 1975.—V. 172, a.m. $90,000,000 282. p. Greenville Ry.—Earnings— 1950 2,793,123 1,045,493 from Net from Net 1949 1948 1947 $152,831 ry. $157,299 $147,321 $106,156 12,056 13,150 8,185 *25,738 2,570 2,996 5,364 *33,221 954,851 956,893 169,055 942,406 132,956 158,244 838,623 *55,981 47,405 railway 77,672 101,967 *129,453 railway income oper. From Jan. 1— Gross from from railway railway,: Net ry. oper. income ♦Deficit.—V. 172, p. 9. Combustioneering 9. Chicago & Illinois Midland Ry.—Earnings— 1948 1947 $657,765 $835,778 $578,801 207,886 361,218 Statement With- Inc.- -Registration Net 107,497 234,028 79,537 4,776,925 2,002,569 1,149,777 railway from ry. 4,352,229 1,463,153 4,274,243 3,859,259 1,258,794 income oper. from from Net ry. —V. shock income oper. 1,531,273 871,131 784,206 Net from Net ry, 136,574 $1,133,237 58,552 *123,947 9,166,769 1,910,129 8,808,793 1,248,364 9,301,118 2,154,041 748,502 railway 317,467 995,607 income 'Deficit.—V. 172, income— oper. railway from — income— oper. ry. Deficit.—V. 172, 82,918,922 91,637,875 83,029,922 1,476,856 *4,886,294 83,301,983 6,592,627 *1,307,343 railway.— from 10,362,593 11,668,037 2,926,121 3,408,407 9. p. Report— Chrysler Corp.—Semi-Annual all and 1948 1347 $ $ $ 602,000 $1,546,936 607,000 $525,050 $863,489 1,004,582 $0.86 1,004,582 outstanding. $0.52 Cost to which its and company York State subsidiaries, Gas Natural to consummate an Corp. Peoples have agreement sales— of inc. Fed. Net (est.) taxes tenants in common, certain oil and gas leases and other land, together with gas wells, pipe line and other appurte¬ facilities, located in an area called the Oakford Storage Area, nant Westmoreland County, Pa. price, which will be borne equally by New York and Eastern, will be approximately $2,550,000, including $2,000,000 to be incurred in carrying on certain development work and acquisi¬ tion of storage rights pending the transfer. The finance of New York's pro rata share will be accomplished as a part of its general future financing and will be the subject of further applications to the The purchase Texas has SEC interested given persons quest a hearing upon the application.—V. until Aug. 172, p. 9. Net sales 24,335,000 33,648,185 23,500,000 36,828,187 subs..— foreign received from 40,142,319 28,467,093 35,112,344 presently B. 2,714,932 13,080,524 7,318,918 53,222.843 9.873,746 35,786,011 7,633,680 36,122,457 4,099,887 9,297,451 ♦Depreciation ♦Charged Oil these capital 30,000 shares, was stock will Inc., San Francisco, Calif.— Exchange Commission— filed to for be July 13 with the be offered at $1.02 the account of the before Net SEC covering per share. Of company ($1 1950 income shares Earnings per $1,395,202 330,000 $720,999 to — outstanding share 2,520,000 $0.29 the second quarter the company received Federal refund for the year 1943 in an aggregate amount of income equal tax to of which $66,896 represents non-recurring interest $0.03 per share, which latter sum is included in for the 1950 period.—V. 171, p. 1783. Board, further announced: 1 of unfilled were over $1,000,000 higher than at the Backlog includes order from Transcontinental over $4,000,000 for plan two of program for to Eastern Seaboard."—V. 171, p. 1783. $13,560,000 on July 18 filed a letter of notification with the 200,000 shares of common stock to be offered at par share), without underwriting. The proceeds will be used factory site, and coi'.stnct and equip a building. corporation buy a corporation on covering $10,000 July 21 filed a registration statement with the trust fund cert'ficates, series B period payment and 474,748.53 series B single participations, and $500,000 trust fund raiment certificates, and 25,170.26 par¬ Corporate Leader* S'des Co.. Inc., New York, N. Y., has named as underwriter.—V. 170, p. 39G. certificates, ticipations. been Crown Capital The of NOTE—During s Chairman of the covering certificates, 2,520,000 $0.46 240,184 shares Corporate Leaders of America, Inc., N. Y.—Registers— $1,155,018 2,520,000 $0.54 taxes income Capital 1948 1949 $747,998 26,999 $1,699,606 taxes July per SEC -Earnings— $3.03 common Cooper's Picture Frames, Inc., Reno, Nev.—Files— The and $1,369,606 income outstanding. Williams, B. SEC the account of B. S. Kompert, a selling stockholder. proceeds to the company will be used for working capital. Six Months Ended June 30— 395,154 $2.81 beginning of the year. Gas Pipe Line Co. of shares for 19,853 The of shares 49,853 Co., Gas notification of letter & Securities and With Files 1,259,000 395,154 supplying natural gas expenses.—V. 171, p. 2607. of sales and to cost 1,163,000 share common "Despite the high volume of shipments during the first half, 1.009,613 39,543,119 earnings per _ preferred dividend requirements and based on ♦After orders Net 5% 172, income the net profit reported p. Corp.—Withdraws Statement— filed July 3 with the SEC covering $20,000 debentures due 1931 has been withdrawn.—V. letter of notification subordinated 194. Dancteer Oil & Refininor Co.—Control— Southern Production Co., Inc., below. See Place New JorkJ>. N T T'statisHcaf'teue ™'moX™ oK 1 gmith Copyright i950 by William B. Dana Company. Reentered offile^t VewY^rk. n' Sunder the'Act of March'3, 1879. 'Subscriptions in United States, U. S. Possessions, Territories and Members of Pan- of Canada, $38.00 per rate of exchange, year. B; Dana^Company PhMlehen. ished twi a _ < eiry 'Thursday (gen Other Countries, $42.00 per year. remittance for foreign re¬ outstanding... shares ♦Earnings for¬ subsidiaries eign billed— Common 38,834,664 17,875,000 to 1950, 1950 1949 $15,789,000 $16,100,000 profit after taxes 48,073,882 23,525,000 22, Cooper-Bessemer Corp.—Earnings— Net divs. before earns, and Co. as interests in 951,924,303 663,408,905 649,005,421 — Gas the SEC for Eastern Trans¬ to Texas non-affiliated gas transmission company, pursuant would sell and New York and Texas Eastern would Corp., a Peoples 835,183,102 578,232,148 556,744,392 41,650,688 Natural applied with acquire, 676,875,613 Admin., eng., sell., serv., adver. exp., and int.. $0.93 1666. 574,011,738 ... $939,936 1,005,582 Consolidated Natural Gas Co.—Transfer of Leases— 324,784 596,090 996,448 1,490,470 inc.. 1948 $1,465,489 250,000 1950 L share This 675,385,143 950,927,855 662,812,815 648,680,637 - - miscell. 171, The 1949 $ sales 1949 $775,050 . Commission. 1950 6 Mos. Ended June 30— Net Inc.—Earnings— taxes shares p. subsidiaries) United States wholly-owned 191. P taxes per in From Jan. 1— Gross with compared $527,425, wer^ 171, income mission 1947 $14,746,539 $17,422,612 $14,413,407 1,956,836 1,587.228 4,052,328 2,324,660 584,548 486,189 2,951,020 945,843 $15,781,065 railway from ry. Net authorization 1948 1949 July 17. Up for Quarter— "0 June 1950.—V. income for Earnings 7,300,170 876,917 *260,752 Ry.—Earnings— 1950 Net of as 31, income before Capital New Chicago & North Western railway the SEC on June 5, which shares of class A capital on 1947 9. p. June— from assets March —V. income oper. on Provision 222,700 243,587 93,149 railway from Gross 30,000 withdrawn Conde Nast Publications, Profit ' 1948 $1,681,012 406,522 $1,438,440 340,468 railway oper. ry, 1949' 1950 $1,578,979 railway. from from was Six Months Ended June 30— June— Net share, per Fund's $425,212 673,415 Chicago, Indianapolis & Louisville Ry.—Earnings— Gross $100 Concord Fund, Inc.—Assets 9. p. at The railway— railway 172, the covered From Jan. 1— Net with statement filed proposed issvanee of registration 160,356 353,459 1950 Net The 1949 $1,100,522 604,298 railway from Financial Chronicle (Reg. O. S. Potent Office) William President: William D. R.ges. 3u*me*s Mauser. P^ Seibert, as^second'class m^Ue^brua^^^ig^S^t American offer to competitive bidding its $90,000,000 of series B debentures due 1975, proceeds of which will be used in part to retire $78,000,000 of outstanding debentures (three series) and for continuance of Colum¬ Net June— Gross $364,823, underwriters. removed 30,859 1,333,661 Columbia Gas System, Inc.—To Receive Bids— 351,942 21,445 p. Federal registration statement filed with declared effective as of July been The 114,256 drawn— Profit the SEC on June 14 and which 10, 1950 was amended on July 21 and now provides for the issuance of 159,000 shares of common stock (par $7), viz: 150.333 shares for the account of the company and 8.667 shares for the account of selling stockholders. Of the and 14,779 1,071,837 railway oper. 172, The Amended— The 66,147 32,549 income Columbus & 1947 1948 1949 Climax Molybdenum Co.- as from ry. 2094. had from Gross 14,315.617 1,719,562 357,433 oper. 172, A program. utility's principal business is to munities p. be and 159,870 Church Proceeds The to equipment The 13,516,573 2,916,975 income— York, it was announced on July 21. electric, will railwayrailway oper. from California-Pacific vately—The a offering the 56,861 from Divs. of from the purchase price of new $6,772,462. 1950 railway Vjcp- the of be of From Jan. 1— Gross * Inc.—Exchange Offer— Department Store, Carter, W. will 1947 $162,051 104,478 Six Months Ended June 30— Broadway stock proceeds 80% $2,229,689 443,237 railway from from Total 93% estimated an June— Gross Net 2021. E. The Chicago & Eastern Illinois RR.—Earnings- Int. President. p. inclusive. not more than purchased includes nine 4,500 h.p. diesel road freight locomotives sixteen 1,600 h.p. diesel transfer locomotives.—V. 172, p. 282. Net notification with the (par one cent), which through share per of stock common 1948 $229,552 44,722 railway oper. Net —V. equal 1965 road (Incl. corporation 30 costing equipment for net Broadway Angels, Inc., N. Y. City—Files With SEC— The 1949 $182,414 77,785 the invitations for bids to be received Aug. 9 trust certificates to be dated Sept. 1, 1950, semi-annual instalments from March 1, issued has company $5,370,000 of equipment on June 1782. Ry.—Earnings— $198,936 railway at Chesapeake & Ohio Ry.—Bids on Equipments— Gross preferred dividends. the change reflect year ry. The three adjustment for report states that the figures for the June quarter and the first months Net 947. p. New 1950 from bonds, $357,000 of preferred stock and $300,000 of common stock. Net The six was From Jan. 1— 1950—3 Mos.—1949 $1,102,188 outstdg— per •After 30-r to surplus— profit S. P. announced on July 17, has applied to the Commission for authority to issue $1,000,000 of mort¬ it my Bridgeport Brass Co.—Earnings— Common 191,511 —V. Net Net 812,335 480,475 Net Net New Broadway, 120 From Jan. 1— company, Gross "Conceivably 1,076,809 Chenango & Unadilla Telephone Co.—Plans Financing The York, New of 106. p. from Gross Net "At 168,451 4,733,457 Gross 9. p. 172, June— a non-operating claims. 785,571 income 5,250,000 4,739,000 601,438 47,855 4,953,000 railway 172, Co. Y., is now exchanging definitive first mortgage and collateral sinking fund 4% bonds due 1964 for temporary bonds. June— railway oper. Trust Colorado & Wyoming Commission. petition was filed with the Com¬ by my attorneys, seeking a reconsideration by the Commission modification of its report to reflect the above referred to mission and also issues assets these on the part of on representing bondholders to attempt to establish any value from Cors.—Definitive Bonds Ready & Iron Midland Marine N. —V. interest. unpaid and careful study and consideration, with the aid of counsel, of report, I have concluded that the claims of the Terminal Company and the bondholders, valued by the Commission at $4,175,000, appear to be worth, at a minimum, in excess of the Gross to increase working capital and consolidate 15-year 110,057 6,215 income oper. C.—Loan N. $1,750,000 debenture loan from the New a The proceeds will be used firm's indebtedness. 205,173 of the time would produce an amount sufficient to enable bondholders to realize approximately $859 for the total claim on each $1,000 principal amount of bonds. That amount will be increased slightly by the payment by the railroads of $21,000 per month from Jan. 1, 1950, to the date of consummation of the plan. This compares with the claim of bondholders amounting roughly to $1,400 per $1,000 bond, ry. used be $843,942 251,964 From Jan. 1— per bond, together with the five shares certificates of beneficial interest appur¬ the and Co. by railway mrailway will the trust 1950 from fro Net submitted as trustee. that the cash of $776 offer, members & Hartford RR. York, New Haven Bank, estimates of plan RR. National Co., the Interstate Commerce Commission approved reorganization, based upon the amended offer 1950, 19, New Central & Carreau progress report dated July first mortgage bonds, said: a amended the of Kessel, in proceeds Lexington, Inc., Products, The England Mutual Life Insurance Co. York, Earnings- $850,000 126,981 June— M. change, Dairy Colorado Fuel Central Vermont Ry. Inc. Co.—Reconsideration of Plan Sought underwriting. Placed Privately—The company on July 24 announced it The Boston Terminal July 13 filed a letter of notification with the shares of common stock to be offered at par on 1,750 share), without for expansion. per pay 171, p. 2095. debentures.—V. rary Bank Y., corporation covering ($100 has secured Co.—Definitive Debentures— Light & National Chase New 2. p. Files — 1,002,400 *664,460 railway oper. The SEC to railway •Deficit.—V. Place, Net 1948 $195,000 Prom Jan. 1— Gross Co., Inc., Los Angeles, Calif. Exchange Commission— Clarette (The) With Securities and 1949 $131,000 *113,774 income oper. Net Net Other England—Earnings— 1950 $185,000 from $3,055,695 268,020 expenses rents Joint Canadian National Lines in New Gross 3 (379) June— 1950—6 Mos—1949 1950—Month—1949 revenues _ _ The Commercial and Financial Chronicle . . RR.—June Earnings Higher- & Maine Period End. June 30— Operating . subscriptions and advertisements must be made in New or unos. t The (Includes $24,789,784 $22,653,371 $47,030,555 $43,733,995 income •faxes fixed 19,758,882 1,396.071 650,125 622,362 908,124 charges depletion and 38.776,123 3,357,207 1,249,466 33,019,176 2,780,150 1.286,222 816,052 20,393,588 1,795,139 Expenses Deprec. 1950—6 Mos.—1949 1950—3 Mos.—1949 Period End. June 30— Gross 1,734,459 1,551,064 "$1,070,521 income Net V. 171, $1,913,295 $32,241 $97,333 943. p. company said. Proceeds of In part for provide from Gross Net ry. railway from Net ry. -V. 25,597,320 29,263.468 26,181,245 4,713,084 4,093,066 6,514,117 6,380.017 2,254,392 1,755,958 3,398,196 3,073.455 income— 9, 194. oper. pp. Lackawanna & Western Delaware Net ry. 6,828,678 7,790,298 6,830,468 1,173,443 501,766 2,114,076 1,716,460 817,715 1,255,517 841,373 37,990,579 41,445,405 44,773,753 39,366,803 7,111,701 7,183,130 9,938,125 "Net ry. —V. income— 3,428,413 3,208,292 4,664,297 4,038,342 income January 1— from from Net 282. p. order The SEC at corporation July on filed 13 the per build casino theatre-restaurant. and the company Gardner-Denver funds Net its its Issue (1) plan plant under which financing and in of See This the due 1969, the Chase New stock at 101.10% Gate City letter A 104% outstanding. now derived from the issuance and sale of the additional common stock, to the extent that it does not result from conversions of the 3'At% convertible debentures, will be applied to the retirement The loans. conditioned Commission for FPC its approval underwriting approval by requiring that El Paso prior contracts their to con¬ summation, The Federal certain pipeline feet of to this natural with its day per profit Operating Other — _ Permian the including 451-mile line existing system Federal income 21,656 104,167 203,894 141,177 87,689 $332,669 $230,340 $143,072 taxes— t the from to 90,747 112,662 47,923 of profit ftiv *Ralfliir>A and * Earns, — dividends 1 $319,708 $230,340 $1.00 $0.72 Profit in 1950 is equal $1.04 to $143,072 $0.45 share of per $78,189 $0.24 this stock stock common before San San payment of p. 170, preferred dividends applicable not previous to years. 1188. , to Having been scheduled, a proposal by rone to York New would split the Curb be not meeting Aug. 3, 1, 1950, stock to are vote on until notice.—V. further 172, Mass., this the issue 282. p. be may border Arizona-California Cash 1949 1948 Gross Net from from Net $403,400 $248,000 $303,000 $253,300 133,405 ry. railway.,— °9,526 <'52,440 45,133 5,466 40,493 2,281,800 1,756,100 609,268 438,624 134,890 88,564 income oper, 70,812 Prom Jan. 1— Gross • from Net from Net ry. 2,045,500 458,185 income— 34,619 <'196,173 oper. •Deficit.—V. 172, (Including Wholly-Owned Period End. June 30— .Operating Profit income before inc. 40,530,000 Southern Share, com¬ namely, at Birming¬ for one share of fractional shares. subsidiary of Southern) proposes preferred stock Alabama. of Birmingham's of Alabama to same of the Following stock, common shares for the Southern latter's com¬ two has 171, scheduled the applications for hearing Aug. on 8, 1993. p. 1950 from railway— 25,990,000 73,630,000 1948 . ■ , income $4,194,081 $3,183,716 1,154,230 1,952,012 1,199,599 902,518 434,619 1,029,560 474,111 railway.— 23,794,768 24,395,370 22.670,391 67,668,984 43,225,170 122,178,988 86,806,495 paid 2,774,957 2,774,957 5.549,913 5,549,913 Common dividends ♦Common Earnings paid 38,272,183 23,020,297 71,896,268 55,915,565 outstdg.. 45,029,826 44,832,659 44,963.990 railway ry. oper. income— 10,786,114 9,961,678 8,874,631 $1.44 $0.90 $2.59 4,639,134 4,331,900 3,653,457 from SEC covering July on 25 of $12,000,000 filed first registration a 172, mortgage bonds, with due series the The 291. p. bond the of initial amount of of ferred of of of Harmar stock share; per its Co., and RR.; sale general a preferred shares at Aug the of the which issuance in the bidding. includes of and sale by shares 550.000 exchange stockholders for cash the of in Hearings Proceeds company's 5% of the cumulative ment are from the of scheduled the bank bond loan for sale Aug. referred 8, entire with proceeds company's from the construction sale of Duval Sulphur & Potash Period End. June 30— to above and the first preferred stock (par creation the stock $1) to p. the repay¬ togethpr financing of the (par $50) 250,000 by of Capital shs. ' Earnings •After per $3,239,516 160,897 363,738 804,964 827,506 583,813 500.000 583.813 500,000 $0.28 $0.73 $1.38 additional series due Natural Gas company on June p. Co. —Bonds 30 Division, 1993, placed Placed 172, El Paso Electric Co. with comprise SEC cents), on which Pelham, of 172, privately an Net the announced in charge of co-ordinate the N. time in 5,575,463 $1.18 $0.99 170, 2436. p. Up in 3 Months— $2,001,922, compared with $1,961,032 905. p. New Records — the GM industry as GM which unit mark, 1,012,874 whole a sales constituted also history the million being quarter Reached—An record which record. in a the figure for record paralleled said, the for trucks and cars GM excellent units The of report The had 1,878,630 of a sales the units. in business first nonautomotive six the months lines, particu¬ also were strong demand. 1950. The a of for the high peacetime new number average quarter and 450,063 the employed persons first six in months. second was of quarter 463,861 for During the second the quar¬ ter they earned $455,000,000 and the first six months $859,000,000, the highest payrolls for any quarter or half in GM history. Average em¬ ployment in the second quarter a year ago was 403,743 and for the month six 400,002. was quarter of 1949 working compared June with Payrolls totaled for $372,000,000 the and $727,000,000 for the first six months. capital June at $1,265,916,125 1949. 30, 30, Inventories 1950, Dec. at amounted 31, Com. shs. JEarns. 1949, to and $1,688,090,890, the Period Ended June to are Y., the a 30— $1,344,986,046 at appointment group. This 1950—3 Mos.—*1949 Cost of per proceeds dividend Dec. $ $ 2,877,674,126 5,093,141 14.934.462 10,044,992 4,878,227 2,314,478 7,747,966 4,498,735 1,976,494,354 1.602,757,271 3,628.983,120 2,892,217,853 1,373,906,357 __ 1,201,392,084 2,552,270,174 2,164,366,069 S. Pell Profit before Net and income 345,396,000 220,605,000 303,678,643 Pfd. dividends Com. Canadian W. division new ♦Equity results JAfter 291. Earnings per Unfilled 1357. . paid 960^000 $1,393,071 (cash) common 626.346 orders. at . May 31. 1950, amounted to 357 912 $3.52 ■ where not $6.76 consolidated. exchange notice Curb that, this Exchange July on 13 tDefer- restrictions exist. Effective— announced it that had by amendment to its article of incorporation, the has been changed to General Acceptance corporation 172, 195. p. General Plywood Securities and The SEC Corp., Louisville, Ky. Exchange Commission— corporation covering offered at added to on 101,500 $2.11 per working July 17 shares share, capital.—V. Grand Trunk Western June— Gross filed of letter a common railway Files With 50 The with cents) the to proceeds be will Ry.—Earnings— 1949 1943 1947 $4,649,000 $3,975,000 $4,303,000 $3,815,000 968,625 572,136 739.673 795,546 railway oper. — notification (par underwriting. 170, p. 2225. 1950 from of stock without 487,543 203,960 661.337 459,203 26,672,000 23.526.000 24,516,000 22,040,000 6,017,840 3,597,209 3,493,383 4,722,863 3,445,774 1,570,908 1,300.600 2,260,811 income From Jan. 1— Gross from from ry. railway railway^ oper. income^— 172, p. 11. Granite City $3.89 Steel Co.—Earnings— Six Months Ended June 30— Net 1950 sales Provision $3,796,800.—V 171 Net for Federal Federal income income 4.683,552 tax tax f Earnings 'It shares per 2,592.467 1.810.000 ; $1,595,467 397,787 outstanding,. share 172, p. 195. 997,000 $2,873.5S2 profit Capital —V. . 1949 $27,075,966 $24,294,760 beiore 626,346 357,912 shares subsidiaries profits 1949 $11,975,317 $13,234,176 2,041,319 2,353,071 outstanding of (net) foreign Phoenix Corp.—Change in Name York New Corp.—V. —V. $1,259,619 shares 187,313,069 $10.90 earnings in of Profit dividends Common 346,995,399 $3.72 172, p. 195. Net Subs.)—Earnings— income Common 108,709,063 unremitted of ment ry. on taxes. 781,700 6,464,153 109,901,416 $6.14 Net taxes 6,464,158 131,817,832 com. per $0.09 1950 3,232.079 54,974,163 203,726,011 __ share $0.37 income 3,232,079 .65,931,534 __ dividends $0.18 31— 35,061,000 485,277,389 from taxes 2,157,083 59,041,000 125,116,000 Net Fiscal Year Ended May Net sales 10,690,409 19,586,000 166,915,305 Net p. 3,751,082 33,646,000 bonus 196,425,000 2,491,124 172, 1,567,062 272,889,624 $0.30 (& 53,874,123 foreign profit 2,491,124 requirements.—V. Co. 110,908,863 59,350,589 27,288,715 Net de¬ 1950—6 Mos.—*1949 and 29,950,377 Equipment $55,355,515 $59,325,063 charges 116,957.559 8.678,092 and 2,491,124 tAfter 57,424,554 783,531 profits 367,692 1949. 1950—6 Mos —1949 3,606,300,692 foreign Employees' 1,080,806 31, ACCOUNT $ (net) tDeferred name of 30, 1,595,349,652 60,998,904 received present the company for income tax liabilities based ended INCOME amortiz. 511,854 sh.— com. June at 7,974,884 sales and 2,491,124 outstdg $782,261,462, com¬ $822,715,911 $ income General the totaled and 1,963.641,243 inc. Total be offered the newly created of 1950, 1949, 1950—3 Mos.—1949 sales 840,615 year 31, 1949. 172, p. 107. $31,478,302 $32,684,011 Adjusted by at June 30, with $721,525,796 at Dec. pared covering Industrial, profit P- of 169, Corp. Employment reached —V. activities manufacturing and sales Steam, sales., tNet Federal (Texas)—Bank Loans— 5,575,463 $1.01 public demand Surplus 19 Marine and Condenser Depart¬ ments, which are existing commercial engineering groups serving the power generation, industrial processing and marine industries.—V. 171, p. 2303. * 5,575.463 .— assets Motors quarter. Earns, July 195. p. RR. Co. above.—V. July 21 on would the Gamewell company on July 19 applied to the Federal Power Commission authorization to issue $3,500,000 of promissory notes, to be issued to the following banks in the amounts shown: 'The Chase National Bank of the City of New York, $1,900,000; Irving TrUst Co $900 000' the Pri¬ V. 172, p. 195. The 50 O'Connor Vice-President as which partments for $3,750,000 first mortgage pipeline bonds, 3V2% 1969, bringing the total up to $10,000,000.— for (par Howard stockholder.—V. This corporation Foster, Jr., preferred East Tennessee vately—The in increased and shares.—V. Foster Wheeler Corp.—Creates New Division— $1.65 5,742,385 of Gamble-Skogmo, Inc. (& Subs.)—Earnings— $3,248,673 outstdg share selling a with Period End. June 30— $1,001,726 $ 6,764,420 larly Diesel locomotives and Frigidaire household appliances, be 1950—12 Mos.—1949 charges and Federal income taxes.—V. 171, of 1950 The Co.—Earnings— 1948 104,539,902 taxes issue an 2608. 171, $738,072 income to filed stock common through was See Atlantic Coast Line pre- balance, stock, 1950—3 Mos.—1949 Hales ♦Net authorized 5 cumulative common notification of market will applied in part td Dreferred program.—V. of Florida East Coast Ry.—Merger Proposed— out¬ 1950. be to are letter going from ■ . July on an tile proceeds of the bank loan and sale of the preferred stock; and (3) subsequent to the issuance of the new bonds and sub¬ ject to market and economic conditions, the issuance and sale of 150,000 preferred shares at competitive bidding. „ authorized at capital stock of unspecified amount upon an redemption net Deprec. and obsol. company 8,965 shares of outstanding of the that second 1, the 1949 $ share 1950.—V. first second Int. 291. A 195. p. dividend requirements.—V. had 31, the For the Fedders-Quigan Corp.—Capitalization Increased— The consisting of 800,000 shaies parent, all notes; competitive program stock borrowings promissory 275,000 for preferred stock $50 such $27,200,000 & company's standing part Philadelphia series Cheswick the value to offered be class new a par company T is financing creation of to are 172, company Fleetwood-Airflow, Inc.—Files With SEC— bonds 291. p. Change Effective— 5,854,279 outstanding single quarter topped U. 1980. The Trust Other Privately—The reports that because of dilution, the preferred stock may be converted into common stock at the rate of $29,70 per common stock, a decline of 1%.—V. 171, p. 4. p. Lynch, 112,578,513 ; common Expenses the statement at 397. p. ings in the second quarter of 1950, C. E. Wilson, Presi¬ dent, and Alfred P. Sloan, Jr., Chairman of the Board, reported on July 28 to 430,000 stockholders. Net 200,000 shares of company Merrill — 1950 CONSOLIDATED from The Duquesne Light Co.—Registers With SEC— The 170, production by the automobile industry could not meet led to new highs in General Motors payrolls, sales, taxes and earn¬ 2,841,536 income— oper. has placed privately an issue of $1,600,000 first mortgage bonds dated as of June 1, 1950.—V. 172, p. 291. 1993. p. per From Jan. 1— $1,82 ♦Excluding treasury shares.—V. 171, shares General 7.315,519 ry. 44,766,021 com. share shs. per be Wyo., 19.143,511 Net 51,480,000 Preferred dividends below.—V. Corp. taxes preferred March cn 1947 $3,861,810 Fairmont Foods Co.—Conversion Price Changed— Net Sold General Investors Trust—Assets This Net 2,055,481 railway Erie Forge Co.—Bonds Placed $ to 1959, Corp.- -Earnings— ♦Equity in subs.__ $ covering 14 1, Cody. of 124,637,967 after ♦Earnings second 1949 $4,255,731 from —V. 314,592,131 250,250,113 534,051,719 502,043,267 108,198,984 69,215,170 195,808,988 138,286,495 taxes (Federal income taxes— the of years after such disposition, Alabama would acquire properties and other remaining assets of Birmingham by liquidation or otherwise. Net 1950—6 Mos.—1949 $ $ hands Subsidiaries) 1950—3 Mos.—1949 * profit first Net (E. I.) du Pont de Nemours & Co.—Earnings— and Stock — .. unprecedented Elgin, Joliet & Eastern Ry.—Earnings— Net ; Bond lieu of (Birmingham 4.20 % SEC Gross 10. p. July on May $ of shares electric Gross 1,639,700 120,584 with upon paid in June <■9,709 • railway— railway Vk of common. outstanding in the exchange for shares of in be to Southern transfer within 1947 railway. SEC due Simpson the the remaining 291,565 of many of shares stock, at a rate to be determined upon and supplied by amend¬ Thereafter, it is proposed that the transportation properties Birmingham would be disposed of to non-affiliated interests and 1950.—V. 1950 is Co. basis the on Birmingham as acquisition the ment, The Duluth, Winnipeg & Pacific Ry.—Earnings— of for 381,067VSz for of Southern common by to merger, June— provides mon the the L. underwriting involved.—V. No Co. Phoenix sales Birmingham Electric Co. (467i>) of the Birmingham is which to acquire agreed as in common value par that, with debentures Milward Quarter Ended June 30— Net many of the 64,000 shares of Birmingham's $100 par preferred stock outstanding in the hands of the public tendered in exchange on a share for share basis for the acquisition proposes of filed was and amount. General Foods as 4.20 %■ $100 capital par 1950, at Boston, ofi July 21 that announced Exchange ex no Aug. two of of.business quoted the held of be to capital shares in the ratio of three for capital shares for each share held of the up close holders that special a distribution a at record advised at 1393. subordinated Power General See a shares exchange share each tendered Power acquire as Draper Corp.—Ruling on Proposed Split— - for shares common. value the General Acceptance Corp.—Name Juan Basin Proposed Exchange of — agreement in Southern, basis 1 Va interest purchase proposes be may the of Alabama to interest. Payment will be made at City of New York, 43 Exchange Place, accrued of area. and Juan 291. p. Co. 254,045 Southern of also * —V. its pleted and the subscription books closed.—V. 172, Southern Co. have applied to the SEC for acquisition by Southern from Bond and owns Birmingham as on rate ham by common of public mon, of Fenner ♦After stock The stock Southern the Share stock. common shares share__ com. Share & latler's and Southern Qflc cnm surplus per $78,189 12,961 — Redemption— redemption on Sept, 1, 1950, through first mortgage bonds, 27/b% series for 170, p. Taggart principal Common Bond the common Net 759, p. & Beane; Kidder, Peabody & Co., and Harriman Ripley & Co., Inc., on July 24 announced that the offering of Gatineau capital stock has been com¬ Holdings— Bond of 166, to Francisco San the the near $7,800,000.—V. 172, company and The order authorizing the an Share ' Preferred cost This $238,774 124,354 deductions .Other $217,113 31,175 26,300 $475,684 -- income Stock $321,508 60,768 $661,417 income Total 1947 $290,333 $449,384 $600,649 - to Electric 1948 1949 1950 Six Mos. End. June 30— . estimated Co.— Earnings- Dobeckmun . 1885. p. Steel Works, Inc., Omaha, Neb.—Files— 5!/2% Gatineau Mohave County, Ariz. Total estimated cost of the El Paso project $44,500,000, and the additional facilities to be built by Pacific are Is of Pierce, 150,000,000 carry from California, a authorized, subject Gas & Electric Co., 14 Pacific approximately and which will gas in construct July on company facilities markets will connection Commission Power conditions, Paso in and Bank 171, Consolidation— money bank of below.—V. notification of Lloyd by Net a National York, N. Y.—V. sold debentures $1.39 shares outstanding.—V. Corp. $1,309,182 $2.00 $911,917 stock common has called fund, $360,000 of convertible of company sinking $95,000 . stock common share Wilcox-Gay $1,357,667 48,485 $957,699 taxes— 45,782 656,049 on 1949 1950 Federal for Garod Radio Corp.—Proposed registration necessary Co.—Earnings— provision for per 'Based by $10,000,000 in two steps $5,000,000 of common stock, as soon sell and financing a original common profit *Earnings on 17 submitted July consummate after 1950 ivionciay, July 31, . Preferred dividends Co.—Financing of Project— July 19 conditionally approved this company in response to the authorizing the company to construct its 14 profit Gas Service Co.—Partial by . . Six Months Ended June 30— Net statement under the Securities Act of 1933 can be obtained; and (2) in 1951, issue and sell an additional $5,000,000 of common stock or cause to be converted $5,000,000 of its Ei letter of notification with the stock (par $1) to be offered The proceeds will be used to a 50,000 shares of common share, without underwriting. covering $6 reimburse to pipeline project. on to follows: as Basins Nev.—Files— Las Vegas, Corp., used be Commission increase to construct Lil National Paso previously made and would required to finance the construction requested as July company cubic Diamond of proposed addition submit railway oper. 172, it 8,500,131 railway oper. Prom PPC's The 1947 1,624,811 from Gross 1948 railway—,— Net El 3'At% $7,101,452 railway from Gross and be expenditures the Power plan proposed San Juan as RR.—Earnings- 1949 1950 June- • 517,100 25,562,899 railway 172, 1,049,936 of would would issuance Natural Gas Federal financing a The railway from Net $5,206,633 1,265,544 830,102 $350,000; Paso, notes presently in progress, EI Paso The $4,333,147 1— Prom January Gross 242,472 income— oper. $3,977,238 533,667 226,072 550,141 railway from Net $4 309,532 1947 1948 1949 1950 • the construction portion a the says the application states. El Paso said it plans to refund the promissory notes with permanent financing sometime prior to their maturity date.—V. 172, p. 291. Delaware & Hudson RR. Corp.—Earnings— June— , El of issued beginning on or •about July 10. 1950, through March 15, 1951, and all would be due and payable on March 31, 1951. The interest rate is to be the prime rate in effect at the time of the borrowing, not to exceed 2,M«, the program ' Bank National $350,000. application The and subsidiaries) Coal Co. Hudson The State Bank, (& Subs.)—Earnings— Delaware & Hudson Co. KsWuiucic uiu/itmi f wiwmivnit 382,433 $7.22 $4 17 Number 4929 Volume 172 . The Commercial and Financial Chronicle . . (381) i Gulf Mobile & Ohio from Gross Net from Net ry. $5,685,770 1,249,169 495,135 $6,864,779 1,787,931 1,028,607 $5,824,043 1,386,529 579,345 35,062,752 8,238,774 income 36,205,516 8,246,923 3,274,329 39,107,131 9,701,912 4,058,155 35,720,497 9,119,540 3,686,779 from from Net railway railway The for will order the consist Foundry Co,—V. of 500 purchase this order, shops, and own box 200 of the Of $2,580,000. company's Common tEarns. Haloid * Co.—Stock be to cars freight cars new cars will be con¬ remainder of the built by the American Car & 300 Subscribed—This 77% it company, July 25, has advised the underwriters 47,183 common shares offered to its stock¬ holders 36,272 shares were subscribed (approximately 77%). The first Boston Corp., as representative of these several underwriters, announced an offering of unsub¬ scribed shares at $29.25 per share, less a concession of announced on the 75 cents to dealers.—V. W. McLendon R. 172, been has retired.—V. taxes— sh. common 170, President, appointed Telephone to 1,000,000 in exchange shares of $5 par for each present until Aug. poned Offered— bonds 16.—V. 17i; for account 103%. at the option of. also redeemable the sinking fund at prices ranging from 100 Vb to is payable at Mississippi Valley Trust Co., St. Louis, of Interest 102 whole in part, in or interest. accrued and They PROCEEDS—The bank? to installed in net will proceeds to used be ipcurred in the purchase of Columbia & Waterloo, 111.; Dupo, to retire balance of approximately $23,000 owed to Kellogg Switchboard & Supply Co. for balance cn the new automatic switchboard equipment installed at Columbia; and to retire balance of approximately $13,000 due to Stromberg Carlson Co. for new plant equipment. The balance of approximately $41,000 will be expended in additions to be made to outside plant equipment in Columbia, Redbud & Prairie du Rocher, since that 17, with 1896, its stores value, no and July 6, continuously It has operated $643,657 railway oper. income— ry. 274,493 248,560 186,960 159,605 railway—. railway 1,226,083 1,755,759 1,565,520 1^337,727 > 233,887 686,512 509,325 463,866 " income— 48.878 329,278 245,747 206,960 { Ltd.—Earnings- Fixed $6,551,998 2, <57,9/3 from frorft ry. —V. Deprec. 2, 757,973 $2.49 * 2196. p. 172, p. and The 171, 319,895 664,268 16,738,571 500,920 371,694 567,236 "$418,830 369,502 $527,656 "$823,307 18,464,171 758,714 184,259 341,941 . 752. p. assets, at Mining Co.—Sale Authorized— June on with approximately 10,325 patrons of St. Clair, Monroe, and Randolph in Illinois. counties now CAPITALIZATION Hydro-Oils, Ltd., BartlesvHIe, Okla.—Files With SEC The stockholders The of notes stock EFFECT PRESENT TO 1st 4 V*% mortgage Common oil and development. gas record stock bonds due value (par company SEC covering July on Aug. Railway oper. revs.__ Rahway oper. exps.__ Net from at $25,000.—V. June— letter a the $150,000 of 4 Vt '/>. with notification of the from Net ry. 1950—6 Mos.—1949 1950—Month—1949 —V. $4,504,249 $3,556,223 1,947,434 oper. 1)481,836 732,629 172, p. inc. $26,415,201 11,395,375 6,927,915 $28,214,622 12,102,260 7,880,112 Gross Six Months Ended May Gross sales Profit before Provision Net and Gross 1950 from from 1949 1948 1947 $934,735 $627,212 360,516 227,380 452,898 228,862 136,931 273,872 3,697,623 income —V. railway $987,282 $1,089,302 294,144 207,277 315.234 ry. 128,603 97,208 185,424 $893,054 264,395 118,333 5,584,528 1,165,657 488,148 5,831,275 6,297,845 1,894,026 907,902 5,638,816 1,774,940 807,430 from ry. income from leased and State Federal and State in The Power 871,888 taxes__ income 307,171 762,724 $564,718 _ $1,005,447 354,632 $2.84 shares outstanding Earnings per share 354,632 $1.59 398. p. income 171, p. 1,768,171 taxes.. income 170, railway 1,269,362 605,534 3,545,712 4,364,360 3,282,333 955,483 1,491,565 597,137 851,607 1,015,237 595,029 with application the the Federal of acquisition proposed the properties, all located in Indiana, of Eastern Indiana Gas Co., for $245,0C0; of Summit Gas & Water Co., Inc., for $5,000; and of Knightstown Natural Gas Co., Inc., for $50,000. The application asks the FPC (1) to disclaim jurisdiction over the proposed transaction or, in the alternative, (2) to authorize the operation and of the facilities.—V. 171, p. Net Harvill Corp.—Sales and Earnings Up—Sells Plant- Quarter Ended— ry. $281,221 $256,526 8,308 1.857 Profit 1 New remaining Edwin F. Gould, President, of amount plant capital which June on would be pro.itable operation, that operation and sold the plant to book of assets, but at price a reported 26 required the a that in view the of the Chicago, bring to directors decided 111., eliminate to this secured as a going concern at some sacrifice sufficient to liquidate obligations in it fiscal the essential to ended year liquidate Fall the 31, Oct. directors 1950, the operation. River deemed Subscription Rights to Expire July 31— The stockholders subscribe to on for scribe for of held. recently were 1950, 31. stock cents 70 at the right share, per basis the on given They also have the under this offer. taken not The proceeds are to be 26 capital shares shares any July shares four each June record before or additional 150,000 share of of The announced was of to sub¬ up July on Stock Exchange. trading is expected The under field and company which rings that application an has company been list to are oil Other freeze. Johnson to Funds include and by The from the sale of corporation Orleans, New "drout" President.—V. a is La., the bonds of refinery new a priced 171, successor in to to are at Aug. p. — piston replacement the Steel-Vent," fuel spark system The and common that have The 120, the plug. for both at shares proceeds class B stockholders common of record 21 June basis of one new share stock held. added to working capital.—V. 171, p. 2609. $25 of the were share, per respective V. Empire the on for 170, be used Mobile, a in stockholders established • May 12, 1950, other than Andrew the amount offered. Louisiana Savings New Orleans, La., was subscription agent. basis Co., The to up shares offered were obtained from Higgins J. Bank Industries & Inc., shares of Higgins, Inc., capital stock in payment of an $800,000 note. Excluding holdings of Mr. Higgins and Higgins Industries, there were outstanding 900,000 shares of Higgins, Inc., stock prior to the above-mentioned offering. in April acquired 800,000 . Higgins Industries under the agreed issued same to il terms and accept the return of any unsubscribed and conditions as when the shares were to credit 2002. Higgins, Inc., 30, accordingly.—V. 165, earlier 1950, were $13,542,167 Assets— President, total assets of this Fund as of July 13, 1950 were $13,542,167, which compares with $14,506,338 on April 13, last.—V. 171, p. 1785. to Harold Bradford, K. The tional company Bank of its of the a term loan of $1,200,000 from the Na¬ proceeds to be used for repayment of the Finance Corp. loan and for working 360. capital, the company stated on July 24.—V. 170, p. 2584; V. 171, p. Carter sulphur property mercial this on plant the Starks Dome, located in Calcasieu Parish, "Exploration wells drilled by Texas Gulf on that have proven in the opinion of Jefferson's engineers sulphur in place, and we are proceeding to construct a property new three by divisions, Draperies.—V. has company La. this com¬ plant the production of sulphur. Completion of this for the first quarter of 1951."—V. 171, p. 2609. both electric road motives and the under value switching cost sale received 172, p. $200,000 p. Gross from Net from Net ry. railway railway oper. . income 1949 1948 1947 $407,454 167,186 68,068 $428,470 168,566 67,971 $490,756 234,490 107,279 $379,169 141,540 55,039 From Jan. 1— Gross from from Net ry. —V. railway railway oper. 172, p. - income 11. 2,463,957 1,088,382 444,606 2,824,177 1,279,541 539,043 2,818,089 1,299,262 507,200 2,503,271 1,234,349 574,73o purchase, as dated Sept. will March be 1, secured locomotives certain by to other whole, 1950, a 1, 1951 13 to 1, Diesel new purchased be Diesel electric being operated by the now of 1 to Sept. atr loco¬ company the office of E. S. French, depreciated Maine, at or before noon President, 222 ' (EDTi on Aug. 15, ' ■ f Electrical Power Co., Ltd.— Privately— company, evidenced the from 197. •• is a subsidiary of from (Canadian) the an Maine Public institutional Service Co., bor¬ The investor. loan 2227. by a promissory note 4% % due March 1, 1970.—V. 168, Majestic Radio & Television, Inc.—Proposed Merger— See Wilcox-Gay Corp. below.—V. 170, p. 2333. Co.—Earnings— 1950 Six Months Ended June 30— "Net income Earnings Federal per all charges income The 3,000,000 taxes, shares, on July stock par July 26. S. Nichols, Thomas stock that their shares York, $5, approved 25 These Nil depletion and a proposal to increase the shares, no pat value, to presently outstanding share to be. The amendment to the charter became from 1,500,000 each is advising shareholders of common certificates may be exchanged for the President, at N. t$ll,695 Chemical Corp.—Stock Split-Up Approved common exchanged for two new shares. effective , $1.20 including depreciation, tLoss.—V. 171, p. 1150. and taxes. stockholders authorized share common 1949 $352,742 - Mathieson stock.* 1950 June— and Maine & New Brunswick This for type of agreement and having a at St., Portland 4, Note Placed Equipments— on switching stock Plastics 1, 1950 equal to $5,975,516. Aug. be and rolling Eddifilm certificates certificates $1,711,174 modern must John of trust Fabrics, 2098. p. installments The conditional of as Bids equipment inclusive. estimated an new Kansas Oklahoma & Gulf Ry.—Earnings— Eddington 171, requested bids semi-annual for scheduled is Sons, Inc.—Acquires Add'l Space of 20 Walet, Jr., President, on July 21 announced that agree¬ completed with the Texas Gulf Sulphur Co. and Oil Co. investing in the Jefferson Lake Sulphur Co. the rights on trustees successor as New its been added He J.)—Acquires Rights— T.: rented in of H. have A. effective may be additional space in a building adjoining York City. This move was prompted by business, the corporation announced on July 24. quarters, covering approximately 5,000 square feet, will quarters Pickwick "After Eugene and become first Marion Power Shovel Reconstruction to Co., of Maine Central RR.—Bids has obtained Detroit, date 111., first mortgage sinking fund resignations trustee, 120 Broadway, New York, N. Y., 4, 1950, receive sealed tenders for the sale mortgage 5% 40-year sinking fund gold price not exceeding 105% and accrued interest for of the sinking fund as will exhaust all or part of $7,345.— expansion The (F. L.) Jacobs Co.—Loan Privately Placed— balance Chicago, Co., for the the Aug. on corporation has rowed Investors Stock Fund, Inc.—Has Net originally June • the the Trust p.m. occupied Inc.—Asset Value Up— Jefferson Lake Sulphur Co. (N. originally ' ' rose on Trust & trustees 1954, Lowenstein & present and connection with and Higgins Industries Inc., in liquidation, were recently right to subscribe on or before July 19, 1950, for 300,000 additional shares of capital stock at $1 per share on a share-for- offered months six ments \ record of the Ala. business $10,234,712 against Fund Trustees — 495. p. The its St. $10,539,285, as on Dec. 31, 1949. Asset value per share during from $14.57 to $14.98.—V. 171, p. 2098. this of Ind. » as such . assets Wayne, Fort 1, Nov, many bonds at a (M.) class of Investors Management Fund, According Bonds Placed Pri¬ Bank resigned upon or 1650.—V. E. Aben 1993. National due up to 3 it of so 1960, 4,000 latter $5), The for Corp.—Rights to Stockholders— the right to subscribe on or before July 10, 1950, additional shares of common stock (par $5) 2,000 additional shares of class B common stock recently given former five anti¬ Higgins p. to be of an Higgins Inc., New Orleans, La.—Subscription Rights— The stock 10 2,910,062 Long Beach Gas Co., Inc.—Tenders— the the 3872. ■'I which Bank National Interstate Finance Total automotive in Hastings & medium a sale for "Hastings Sugar Refinery, Inc. construction Trust 19G. 3,010,989/ Corp., mature in with, the registration manufacture nationally "Casite" company's Henderson share 172, p. $9,500,000.—V. 6.395.687 3,179,590 $5,600,000 (par vately—This corporation, it was announced on July 28, has arranged, through Dillon, Read & Co. Inc., for the sale of $2,500,000 4% first mortgage bonds, due Aug. 1, 1965, to The Mutual Life Insurance Co. of New York. in Central each about 30 days. in commence names. products effective to subsidiaries its additive the is Subject distributed trade its automotive the for 651,902 36,141,641 6,652,745. appointed. funds for 2557. p. the 1,055.700 approved said that in June of 340,000 shares treasury cash and from a 1,331,742 , have : Detroit SEC, 20 this of loan irom 1,340,358* 39.004,559 7,049,349 3,321,931 7,110,462 Power bonds, The were added to working capital.—V. 171, p. 2609. stock common bank stock, common Cleveland, trustee, announces all but $10,000 of the outstanding first mortgage 4%-6V2% bonds agreed to an extension of the maturity date to May 1, 1965. unextended bonds were redeemed at maturity on May 1, 1950.—*-V. and It Co. Interstate Bridge Co.—Bonds Extended— The new Hastings Manufacturing Co.—Listing of Stock— shares been obtaind from the sale Power $6,061,447 12. p. City Leonard 5 ','c for the payment on Aug. System's b'/< debentures. the of amount for one right principal Brickley, trustee of the System, had purpose Gatineau of Chicago. During A. 489,787 35,279,796 Resign— coupon York, Boston, Toronto, and Montreal the of Bartholomew 620,568 income— oper. 172, the account the corporation's paying agents Arrangements have been made with in 1947 $6,783,333 1,564,226 33,230,678 railway railway from ry. —V. The Hydro-Electric System—To Redeem 6% 1,039,015 income— oper. 1948 $5,819,964 1,438,763 from Net 949. Debentures— Apr. 30,'50 Jan. 31,'50 Sales ♦ From Jan. 1— Gross will International 1949 1950 $8,029,223 railway,. railway Lincoln company on Juiy 19 filed an Commission in connection with acquisition 234,375 134,5371 895,446 income— from from 2304. Indiana Gas & Water Co., Inc.—Proposed Acquistiion— depts.____ $29,187,588 $31,441,860 ome Capital —V. railway oper. > 172, p. 12. Net From Jan. 1— from - 1,351,573 railway oper. Net 1947 1948 1949 $1,036,323 railway railway— oper. income Net -Earnings— Lehigh Valley RR.—Earnings— from 1949 1950 109. 172, p. $668,645 railway from ry. Gross Subs.)—Earnings— 31— Federal for (& > the given $740,500 railway oper. Net 196. Illinois Terminal RR.—Earnings— —V. Schaffner & Marx Hart recently were From Jan. 1— $21,711,422 $20,357,315 $125,801,968 $125,943,151 17,207,173 16,801,092 97,587,346 99,527,950' income Net first mortgage bonds. 1950, 1950 from Net 1,241,851 rev. railway oper. Net 126,000 . filed 27, may be converted into stock on the basis of 133; shares each $100 of notes any time before the maturity date." are to be used to pay a lien of $17,000 on equipment for Net $150,000 1970 1, $100) 14 June Lehigh & New England RE. Gross Illinois Central RR.—Earnings— Period End. June 30— Gross The , proceeds appraised recently company on July 16 filed a letter of notification with the SEC covering 300,000 shares of common stock, to be offered at par ($1 per share), without underwriting. The proceeds Will be used to pay for Net GIVING to' • The June— FINANCING the right to subscribe at par on or before July 14, 1950, for $17,000 of 6^' convertible first mortgage notes dated July 14, 1950, and due Oct. 31, 1951, with subscriptions taken in the order that they are received. of Net OUTSTANDING sell to proceeds the H. The the in serves directors the the distribution of to Leadville Lead Co., Denver, Colo.—Notes Offered— date. company* authorized 5 a view date. later a Jockmus, President, announced that the directors have decided tp sell the assets as an enterprise and that the possibility of such a sale is being explored.—V. 158, p. 1473. 1950—6 Mos.—1949 9,051,013 254,192 $292,223 "Deficit.—V. stockholders company's $9,390,529 $20,756,750 $17,355,114 9,712,435 408,188 168,798 depletion— 12, stockholders Subs.)—Earnings— 1950—3 Mos.—1949 income oper. Lava Cap Gold $6,854,688 $2,38; depreciation, depletion, taxes, etc.—V. 171, charges 232,737 1950—6 Mos.—1949 $0.99 Taxes $474,391" From Jan. 1— Gross Net 2,75 .973 Expenses * Net $2,719,303 $10,951,146 1947 $541,986 312,568 $1.34 income 1348 1949 $565,831 429,025 2,757,^ /3 Hudson Coal Co. (& -Earnings— 1950 railway— from 342,710 a 2609." p. "June— Gross par value issuing IV2- new shares has been further post¬ on share, par on June— The ) number of Krcger stores in operation during the 4" ended July 15. 1950, was 2,128, compared with 2,265. during the 1949 similar period.—V. 172, p. 109. average from $3,674,529 Net Jan. on — 1950—28 Wks.—1949 period L. 111. COMPANY—Incorporated in Illinois principal office located at Waterloo, 111. The 1950—4 Wks.—1949 $65,490,325 $60,523,397 $446,819,253 $441,486,808 —_ Net 1950—3 Mos.—1949 profit— "After at retire $72,650 notes additional equipment — week are Mo., trustee. payable Kroger Co.—July Sales Increased 8% • 109. p. proposal Hudson Bay Mining & Smelting Co., Period End; June 30— "Net Net redeemable, are its of scope plants and representatives.—V. 172, Period End. July 15— Sales Net and accrued interest. company divi¬ 171, Split-Up Postponed on meeting, originally scheduled to be held adjourned until July 17, for the purpose of voting on increase the capital 'stock from 70,697 shares of no to John succeeding (111.)—Bonds Co. income taxes, tAfter now outstanding.—V. present its • 20-page descriptive booklet which operations, its products, and the Lake Superior & Ishpeming RR. 786. p. McCourtney-Breckenridge & Co. on July 21 publicly of¬ $150,000 of first mortgage 4 Vi% bonds, series A, dated Aug. 1, 1950, and due Aug. 1, 1970, at 103.375% The $0.55 stockholders' Capital shares outstdg. Earnings per share 196. p. fered the 461,900 $2.22 Holeproof Hosiery Co.—Action Gross Harrisonville $1,026,976 461,900 $1*98 has just issued a 1460. p. Period End. June 30— , $946,328 the on locations of 1,730*196 703,220 461,900 $548,652 461,906 $1.12 1,325,124 378,796 $257,889 244,103 outstdg.__ shs. per 467,242 209,353 Federal, Canadian, Mexican requirements on preferred stock dend Halliburton Oil Well Cementing! Co.—New President— Halliburton, reports $4,570,380 $10,648,307 $10,294,179 792,755 the but that of inc. for taxes income. Net The was inc. The corporation ' • $5,543,663 before Koppers Co., Inc.—Issues Booklet— 1950—6 Mos.—1949 1950—3 Mos.—1949 sold 196. 172, p. (& Subs.)—Earnings— metals of "Including authorized have directors in value Profit Equipment— approximately structed 3,234,468 income oper. ry. To Buy Gross "Prov, Prom Jan.1— Gross Net Co. Period End. June 30— 1947 $6,080,770 1,548,672 598,955 railway railway-,. oper. 1948 1949 1950 Sound Howe RR.—Earnings— June— 5 present stock any of the three transfer agents are: transfer agents Manufacturers Y.; State Street Trust Co., Boston, for the Trust common Co., New and Safe Deposit- 6 Trust • V. Co. of Baltimore, Md. The issued and outstanding stock Mass.; is increased to 2,686,594 shares,— 171, p. 2512. . Mexican Gulf Sulphur Co.—Warrant Date Extended—, Warrants extended to for common stock expiring July 11, 1950, have, been 1950, conditioned upon the warrant holders of the warrant due July 11.—V. 171, p. 1785. Aug. .15, paying for 10% 6 The Commercial and Financial Chronicle (382) Motor Products Corp.—20% Michigan-Wisconsin Pipe Line Co.—Bank Loans— received 8EC authorization to enter into a credit agreement with four banks under which borrowings would be made from time to time during the period e.id.ng June 30, 1951, in amounts The the From Bank National Co. Trust be represented by 2 '/a % notes maturing July 1, 1951. It is contemplated that, as soon as practicable, the company will consummate a permanent financing program which will provide The borrowings will for the and issuance additional su:h agreeme.it. and that sale of S12.000.030 of cred t issued pursuant will include the bonds and $3,000,000 stock.—V. common The 198. p. resignation of be Aug. 1, 1950 1949 1948 ry. $151,117 $148,593 26,195 29,419 30,143 4.114 8,503 9,557 984.438 917,350 1,010,831 933,367 240.971 183,146 290.189 303,162 63,148 45,948 107,324 133,423 income— oper. Net ry. —V. railway income 12, oper. 172, p. director a SEC corporation cents share, per and to for The income opera') n«*_„ credits 4,062,227 131,908 Prov, for 59,735 Other income Net income ♦Earnings "After —V. 85,840 109,763 $3,042,731 taxes- income $1,102,721 $5,467,127 $2.08 $2,443,879 t$0.89 charges— per sh. com. $9,111,890 725,000 3,535,000 $2.19 tStated split. 1950 2-for-l basis of on Motor Rhode See exempting it and its two subsidiary companies, Rainy River Improvement Co. and The Ontario-Minnesota Pulp & Paper Co., Ltd., from the Public Utility Holding Company Act of 1935. The SEC has given interested persons until Aug. 7 to request a has company applied the to the application,—V. hearing upon for SEC 168, 47. p. With SEC— July 24 filed a registration statement with the SEC covering 50,000 shares of 6% cumulative convertible preferred stock, $20 par value. The stock is to be offered for public sale at $20 per share, with a $1.60 per share underwriting commission. Lester & Co. of Los Angeles is named The In the Prudential to used be provide the in of of of increased of $450,000 machinery Middle West a recently Parts purchased for Co. income bank for loans, of working capital.—V. from from National 1948 1947 $389,149 $ "47.130 $465,269 $325,343 154 936 117.216 226,863 Net ry. 71.203 72,100 129,030 1949 1948 $109,556 *$91,510 from Net from 2,208.460 2,136,779 2,327,803 1,956,751 882.940 815,531 1,035.025 865,761 Net ry. —V. 397,646 478,025 535,505 423,209 income oper. 172, , 109. p. Missouri-Kansas Pipe Line Co.—Offer Extended— The stockholders change offer two 170, or of shares the offer the stock shares eight and V. under Under 1951. common July on voted Moka.i the plan stock common from class of of for 31, July may to June *950 surrender stock B Panhandle of stock common deadline extend to stockholders shares 180 of 25 Hugoton nine Mokan of Eastern the Pipe Production 30, of receive Line Co. Gross Net from Net ry. 1948 1947 $16 436.953 $18,-69,922 $14,848,232 4.012.975 3,410,562 4,840.559 2,435,735 2.015,168 1,556,577 2,993,451 390,130 railway— income-_ — oper. from from Net ry. —V. railway 97,065,372 20,860,868 103,693,426 22,393,292 $0.68 10,114,246 10,822,555 10,418,023 172, p. 12. Monarch Machine Tool Co.—Earnings— 1 sales 1948 $1,381,365 $2,113,220 113,384 162,700 $2,082,289 146,953 210,000 210,000 their Research & that filed Series its Corp. Registration — with the statement for June 9 for 7,bOO,OGO of July 7.—V. 171, registration recent SEC on effective became has purchased Oakland, at Atlas the Calif., for President of National patents, name, also includes Atlas' inventories, in the as an Supply, pitting machinery, as well be said National Tea Sales moved in¬ 171, p. 2099. $0.77 of operation at July 15, $145,474,505 Fund's from asset the value $15.33 first six the share per asset months of remained in for following value 1950 the $16.09 was Dec. on totaled time from time to make prior These & Steam to this 171, company additional have applied temporary England Gas & until persons 171, to The July used request a Gross — from from Net ry. two of its subsidiaries.—V. 1949 1948 1947 $323 072 $238,116 $286,865 $255,700 93,552 railway from Net from Net ry. 61,870 66,235 100,305 —V. increase to Plans to 172, p. 198. 63,333 sell 1.229.480 1,401,305 1.546,662 1,618,972 297,202 370,679 495,783 389,788 401,025 399,694 an Gregory Corp.—Initial on payable July on 20 Aug. declared 15 to Dividend—New Direc¬ an initial stockholders dividend of record of IV2 the sale and P. of of its its Service aluminum cast magnet wire heating 307. new further and larger its the new years, many to building in Chicago, 111., expansion of its Midwest While it has occupied office 27. for company 'development of the stated. was brick building, record of on will which June before or 27, July 22,000 sq. ft. slated for oc¬ contain is It 1950 20, given the additional recently were 197,672 for 1950 at $1.50 per share on share for each five shares owned, without under¬ stock capital new the of $1) (par proceeds derived estimated offering, the from at will be used for payment of existing corporate of said proceeds will be used for working the ordinary course of the company's business, for the of potential oil properties and the exploration thereof, balance to is plan Wolfe has resigned.—V. 172, 110. p. Corp.—New President— been 170, at royalty interests.—V. or remedial properties, and the acquisition of royalty this time to acquire any specific prop¬ proven no the development and properties and proven such There erty or properties elected President L. succeed to H. Cooper, 2335, p. Packard-Bell Co.—Plans Stock Split— stockholders on outstanding 171, Aug. will 25 shares of vote on proposal to split-up the a two-for-one basis. a stock common on 2100. p. Pennsylvania Co.—To Withdraw Bond Proposal— trust used The Commission of col¬ to have for 200,000 shares of Detroit, Toledo & Ironton RR. has company permission applied to pay Interstate the to withdraw to sinking fund capital stock its application bonds, the Commerce issue $16,000,000 to proceeds which of were which the company expects to purchase. stated company that 2,/2%-41/2% bonds due vided funds for ample the issuance of the See offering in V. the issue of collateral $60,000,000 of trust serially from 1951 to 1975, inclusive has purchase of the D. T. & I. stock and pro¬ that the sinking 171, bonds fund will longer no be necessary. 2403. p. Pennsylvania & Southern Gas Co.—New Interests— Application has been made to the SEC by the following for authoriza¬ to purchase the specified shares of the outstanding common tion of this delphia, company shares 17,500 at $5 share; per (17.8%); owned are by Mark Anton, H. Sylvester C. Smith, Jr. acquisition shares The owned the in force forth set SEC upon Reports — p. 1, 1950. Clinic element development to to Aug. Reynolds Metals Inc.—V. 170, Electro-Temp The V. offered for sale later date as John Kenworthy, Thomas Cooper S. Phila¬ Clark and Cooper, Emerson Thomas, R. Gouriti Morehead, After consummation of the proposed these Mr. Thomas. by above, interested gave proposal.—V. holdings until persons 171, will July reduced be to 28 request 5,000 to hearing a 2307. p. Phillips-Jones Corp.—Stock Purchase Plan Proposed— stockholders stock utive Aug. on will 3 purchase plan. vote See V. on approving proposed a exec¬ 171, p. 2611. Pitney-Bowes, Inc.—Files With SEC— The the p. for common SEC corporation covering under July on filed 18 a to. Sell Part *«>•.' authorization stock of to letter notification of the with The Central of the shares sale at competitive the would bidding Commission (60.4%) be of the applied to shall —V. prior Maine reduction the NEPSCO. of of the outstanding notes were authorized by the Com¬ 7, 1950, the Commission concluded that no April on was justified purpose ($100 per company by 171, of has in the sale by NEPSCO of portfolio securi¬ reducing the loan. been scheduled for Under shares at that announces two-thirds least the plan the of reorganization of has holders and security been creditors. 1360. p. ferred dends for hearing on Aug. 15.— Co., June 30 sold 100,000 addit:onal share). The proceeds and stock. to used for construction expenses.—V. to repay advances 171, p. 1184. stock A from a for sufficient No Close Holders of which on exchange of the and there each stamped and prior preferred, plus exchange offer is to to thus lowering dividend reduce the $50,625 are share of the 5'/2% of to pre¬ shares 97,462 back divi¬ dividends shares reduce annual 62,071 right prior accrued 4'/2 of the com¬ amount preferred accumulations will be exchanged receipt upon served basis, so long as the supply of exchange will last, the letter continues. of the number shares stock of stock. outstanding, tendered so first 450.000 common of holders of have stock of divi¬ the on stock. Termination parent, American Telephone & shares of Its common stock at par were Purpose readjustment, preferred share share reouirements, available its may a capital prior one-half preferred, of of plan 5'/2% for shares share, preferred class share 5% A per Shares on 3V2 six-tenths mon of voluntary outstanding each and class of dend SEC the of exchange 1570. company Telegraph The Pittsburgh Steel Co.—Plan of Recapitalization— to approve. Central Jersey Bell Telephone Co.—Stock Sold— the parent stock to be subscribed for common Pittsburgh Rys. Co.—Plan Approved— The approved come New to 10,500 shares of up the employees' stock purchase plan at $14.15 per share. proceeds will be added to working capital.—V. 171, p. 1571. These notes, originally issued in $13,500,000 under a 1947 plan to retire its stock, has been reduced to $8,625,000. Two one- preferred delay of notes application 171, 1,315,181 amount but for are 2027. the SEC the and $1,100,000,000 Co.—Seeks to of be proceeds renewals further holdings such owns aggregate mission; cents or outstanding ties Clarence M. Taylor, executive director of the Cleveland Foundation, has been elected a director to succeed Henry J. Morton, who recently withdrew from act've participation in the business fol¬ lowing the closing of the cornea iv's Detroit Research Laboratory and Co. July on Chicago in the a on continued the Co. now Net its of would 1950, prior lien directors exceed now has made application shares stock 1, stock. 233.8P& income tor—Sells Part of Business— share, Company assets State in the Union.—V. 170, every Power The Oct. 264.295 railway one incident The England Public company Maine of 172, p. 12. The in 360,000 year per Co. $71,952,000 brought the company's total insurance $2,822,000,000. NEPSCO railway Morton Insurance Willard of invested 74,774 90,674 75.877 income oper. Life shortly Palmyra, N. J., 6,386 shares (6.5% ), and Halbert McN. Jones, or Laurinburg, N. C., and eight associates, 15,000 shares (15.3%). Of the 98,240 outstanding shares of the company's stock, 42.9% Smith, President, reports that the largest June busi¬ ness in New England Mutual history. $22,584,000, brought the half-year total paid-for to $134,197,000, which, with additions and revivals added, slightly exceeded last year's comparable figure. A six months The From Jan. 1— Gross Mutual previous Co., Los Angeles, Calif.—Rights Expire— The in interests. Record Business— Earnings— railway oper. work and of Central Maine Power Holdings— 1950 Net England $6,000,581 totaled 1950 of Jr., has applied to the Massachusetts Department of Public for permission to merge Provincetown Light & Power Co. and New of portion stock company Utilities half first the meet space enable acquisition the acquisition of to the con¬ proposed to 28 Electric Association Cape & Vineyard Electric Co., begin to additional of capital $12,- 2402. p. for announced one-story obligations. borrowings Merge Two Subsidiaries— New June— A been the SEC to bank Sept. interested will was subscribe the basis profits Electric Co., given sales $5,720,589 for the corresponding period of the stockholders lateral any depletion of working capital occasioned by of property already in progress and to finance construction through Sept. 30. has net will be constructed by The Austin Co. early this December.—V. 171, p. 1889. to The struction SEC earnings of Eaton Labora¬ the writing. 7. p. replenish The includes 30, 1950, up Realized profits but unrealized borrowings, aggregating $7,860,000, are in addition of borrowings now outstanding. They are to be 730,000 SO .61 statement that area, it new The —V. 30, 1950, in the amounts specified: $60,000; Central Massachusetts Electric Co., $100,000; Gardner Electric Light Co., $50,000; Worcester Suburban Electric Co., $50,000; New England Power Co., $6,100,000, and Wor¬ cester County Electric Co., $1,500,000. Attleboro $0.59 June on 1949. 31, $102,021, Fund.—V. subsidiaries of to $0.29 above will in 250 300 England Electric System—Bank Loans— authorization 796.287 $0.33 sh com. company, space, for New 800,000 warehouse The of 1950, compared to 660 England Fund—Asset Value Increased— $352,940 171, p. 850. RR. and The for 796,287 with this Tom stores in $5,720,589 $484,491 800,000 $0.70 profit after taxes and charges. Capital shares outstanding Earnings per share. Montour per business ago.—V. 172, p. 292. year $470,415 Pacific Airmotive 1950—28 Wks.—1949 $24,246,268 $20,260,790 $161,216,788 There were 637 a $231,885 approximately $100,000, the from 1950—4 Wks.—1949 — 1950—6 Mos.—1949 $267,084 outstdg._ shs. operations, it Co.—July Sales Increased 19.67%— Period End. July 15— -Earnings— Subs.) (& 1950—3 Mos.—1949 Inc. right acquisition the tin cans and glassware.—V. as been has Expands Operations— Co.'s and Canada. will stock (par $3) postponed.— common 23 taxes after Oceanic Oil Diesel Engine undisclosed amount. Imperial trade mark and engine-making ma¬ 13 engine sales and service units, U. S. equipment of June $6,000,581 income quarters reports production 210,000 $0.54 Net —V. 2 "49 61 record of Co.—Offering Postponed shares 49,200 sales Construction $73,500,000 Atlas It George Quarter Ended June "0— Net stockholders Consolidated Nil Oakland plant to Springfield, Ohio, where National Superior Engine Division produces diesel and gas engines. Mr. Wlalker explained the acquisition broadens his firm's horsepower range of diesel engines, opens new markets, and provides additional experienced personnel. The Atlas company will continue to make can-making and peach- 94,460,374 21,716,746 70,303,745 'ncome— oper. 99,395.282 20.882.933 railway Service of 100,000 From Jan. 1— Gross Net offering year. Supply Co.—Acquisition— Walker, the chinery. New 1949 $17,142,137 ra'lway 100,000 and for working receivable notes 110. p. tories, Cr34,964 "$56,547 $67,925 $0.63 hearing upon the proposal.—V. 1950 from 171, cupancy E. A. cludes Missouri Pacific RR.—Earnings— June— increase to 110. p. proposed shares Company.— 1193. p. at Engine Division ex¬ shares and used were 172, NOTE—The 150.000 Securities company The railway railway 41,631 57,235 Securities National The From Jan. 1— Gross 193. 2512. 53,764 income..— oper. 172, p. 125,303 railway. underwriting. common V. 171, p. 1670. valued shares 5% 1949 railway to Offered— July 5 publicly offered 20,000 shares of 60-cent preferred stock (par $5) at $10 per share, Period End. June 30— 1950 taxes corporation New 1950 on convertible proceeds The Net $151,119 charges—. share—— per The The Gross The Earns, $93,884 National 1916. 170, p. Missouri Illinois RR.—EarningsJune— Net without for acqui¬ fhe equipment in a new plant the Rocky Mountains) and and (east 1,821,569 American Acceptance Corp.—Stock corporation cumulative Approved— below.—V. Co. shares of Earned 14,380,419 14,233,006 12,056,568 11,854,656 1,903,881 2,651,056 Northwestern Public latter The Power Transmission Island and sale stock the of 2,709,457 110. p. North 54% a $101,195. income Number and water It proposes, in addition to $500,000 loan from The 172, The engaged are electric and gas Proceeds America. retire to installation and located be Co. Insurance to are sition to distribution and primarily for domestic use. stock offering, to obtain preferred loan and manufacture heaters space the the principal, underwriter. three wholly owned subsidiaries as corporation income oper. income compared with on ry. 1950—6 Mos.—1949 $13,389,293 $76,582,836 $85,873,448 1,122,836 6,815,840 9,913,426 1,666,958 capital.—V. profit before Net order an Mission Appliance Corp.—Registers corporation income— Common Atlas' The oper. Net Minnesota & Ontario Paper Co.—Seeks Exemption— The Co.—Earnings— 1950—Month—1949 Norwich Pharmacal Co. p. 198. p. $1.05 share Statement Effective— t$0.40 $1.16 preference dividends. 172, $1,298,825 Narragansett Electric Co.—Acquisition $4,194,135 1,589,000 161,256 $1,913,561 $5,081,466 1,980,000 income Western Ry. & $14,556,701 812,000 1786. p. ♦Deficit.—V. Gross 2,916,885 110. p. revenues 2,110,825 $2,704,054 — company Federal 8,981.752 130,138 l.^1 038 72,503 > 100,596 i income Other 4,436,254 taxes taxes-— interest in the Wausau firm manufactures piston rings for replacement sale through jobbers and direct to engine builders, and produces automatic transmission rings and valve seat inserts.—V. 165, p. 3396. Net $14,957,079 $43,941,214 $29,700,950 13,223,803 *2,877,840 oper. —V. 1,732,200 inc. Fed. for prov. Federal per 171, (Wis.) 1950—6 Mos.—1949 19*0—3 Mos.—1349 $24,438,428 Profit from Norfolk Net , 1949 1950 National Oats Co.—Earnings— (Including Canadian Subsidiary) sales 6,086,811 93,240 Railway Corp.—Earnings— Six Months Ended June 30— Period End. June 30— 172, Period End. June 30— has and 171, p. 2401. since 1945.—V. company income Earned —V. without underwr ting. make contract payments. Regulator Co.—Earnings— 2,286,167 $24,759,460 $15,224,593 before income Net notification with the to be offered at 25 The proceeds are lor working Minneapolis-Honeywell Net Vice-President Executive sales Net July 18 filed a letter of shares of common stock on 250,000 covering capita) the of Bartlesville, Okla.—Files— Mines Management, Inc., The on made was Muskegon Piston Ring Co.—Acquisition— railway from from 1949 3,121 railway ♦Deficit.—V. Net From Jan. 1— Gross Net in Muilins Manufacturing 1947 $156,478 32.909 railway from Net as the election of A. W. Trimble July 27. The effective date will Six Months Ended June 30— Net $167,315 June— from election his oper. income after fixed with together announced weie and President as 5,597,181 3,609,360 ry. income charges Valley RR.—Earnings- Midland Gross Merrill E. s $ $ 58,988,490 339,970,460 356.847,141 8,369,381 42,350,144 48,554.584 11,956,763 opers. ry. 1950—6 Mos.—1949 1949 1950—Month 63,453,735 Railway been Provision Net Z. Board, RR.—Earnings— revs 1950. Trimble Mr, of the President, as program addit onal 172, from rev. Net Chairman Monday, July 31, 1950 . $ oper. Net prior to their maturity of the notes the eliminat on to paid be Railway Net will Central Period End. June 30— States Power Co.—New President— Mountain prepay & stock, quarterly cash dividend of 50 cents per share 15 to holders of record Aug. 4.—V. 170, p. 1805. usual York New Stock Distribution— July 12 declared a 20% stock dividend on the payable Sept. 15 to holders of record Sept. 1. The on of $4,350,000, the com¬ all then outstanding nine-months notes held by the four lending banks. The remaining proceeds are to be used to finance the construction of addit on:>l pipe line facilities. The loans are to be made in equal amounts by The National City Bank of New York, Central Hanover Bank & Trust Co. and Mellon to proposes pany directors common Aug. not more than $20,000,000. proceeds of the init al borrowing aggregating The has company . . of may, business exchange, of shares common in on any Sept. of stock event, 8, it is stock made be 1950 explained, has been common occur deposited first a stock whenever to use the after the available deposited or will on after for the exchange close of business on Volume 172 Number 4929 The Commercial and Financial Chronicle . . . 7* (383) such later date as be may fixed future by action of the board of prior to the close of Safeway Stores, Inc.—July Sales Show Gain- v directors. : Holders business that stock of on July at the of excess fore close the If then certificates new until July 15— can to will be $ the be oi & Domestic only for Canadian is Co. end of at end of New York Stock Power Condenser & Files With Co. of New York and The SEC of corporation stock and Luckhurst & 1G8, 6% of of The the to $li of Inc., letter a sinking fund (par be Y. of stock City. notification debentures offered common N. company July on 14 filed 12,500 shares of underwriting. lease San in in The and units $1,000 at with' the B (no working for sale Co., Inc. No Middle on West its by of of reoffering bid of stock common Corp., $23 these The for Service Colonial issue an Trust of Co. This Co., New York, first N. base Seattle City on July 12 to Blytb & the only bid submitted. present.—V. 172, p. 199. at at the Washington P. S. price be bonds. appointed trustee V. See 172, The offer building and allowance date is of exclusive of acquisition set for to view action, surplus the the will will stock by approval stock.—V. It facilities, does and Ned E. nounced The en At of in the material any current change dividend on July 25: special summation. of to the shares business of to Plan until the held end on of An $25 It the sale supplied several shares- of owned convertible old of preferred June on the class 90% approximately preferred B $25.50 of stock, shares the A is of on stock common the York New July 24, dealings 1950, that at this of Stock and corporation common proposed Exchange at stricken was time.—V. 171, the from July 1950 the 25 the decision time for & than more 80% Co.—V. the of York shares of 260,986 five (par cents) bank repay to be President, share The at at donated the purchased loans above $5 of and without of rate at $5 six consideration Curb 172, stockholders this scheduled were corporation.—V. to 154, vote July preferred 43,331 unit per common, The payable proceeds and by Michael Tor each will other for on proposal a under letter of for $33,345.—V. sold not sold for 1950 preferred and 40,014 shares 172, 14. p. The Moiton Gregory Corp. above.—V, 172, net for and stock common (par 1 cent) share. proceeds to are be working capital.—V. for used 172, the payment of patents, etc., 14. p. Sales '"Rhode Common connecting Narragansett's lines of other companies Narragansett is by: (at ment the of Island's note properties England Electric System, of which New with the the properties for and assumption shares of other price. of the certificates $100 ry. Gross assets of Rhode Island lialibities, transaction, (c) the and representing' all Total 1,740,264 497.000 497,000 share current liabilities liabilities : „ assets June on $5,894,964 of were 30, cash $2,198,468. by $13,375,735.—V. 171, $3.50 . 1950, and Socony-Vacuum The Earnings after taxes per p. Writer & reported $2,000 Christensen, in these shares,—V. 172, p. unit, through Boettcher & Inc., Denver, Col. It had per columns that 330. the offering - would Co. and Oil the include only 1,500 Rothmoor Corp.—Secondary Offering—Lee Higginson, association with F. S. Moseley & Co. and Blunt, Ellis Simmons made a secondary offering on July 24 of in & 12,000 shares of share, less per common stock (par 40 cents) concession of 50 cents a per ticipating NASD members. The offering on July 26.—V. 171, p. 952. St. Louis-San Francisco Ry. IEXCUDING ALABAMA, Period End. June 30— Total oper. Total oper. Total TENNESSEE 172, & NORTHERN RR. CO.J 1950—6 Mos.—1949 $9,321,274 $55,097,578 $54,567,053 7,556,337 7,649,108 43,552,178 45,697,798 1,216,670 — fixed 896,431 5,947,718 4.416,174 & contingent charges —V. completed $9,860,033 rev,— after was par¬ (& Subs.)—Earnings— 1950—Month—1949 exp income Balance at $5.62V2 share to $707,828 171, 41,200 50,764 29,997 "33,058 14,257 1,143,422 1,013,813 9:5,575 942,407 401,046 170.573 164.090 240,212 193,667 27,838 21,490 79,760 operation series will of be the B been called for $396,545 $2,896,428 redemption on Oct. $1,480,905 of the sinking fund, $240,000 of first and bonds, due Oct. 1, 1971, at 101 and at trustee, the 23 office of J. interest. Payment P, Morgan & Co., Incorporated, agency Wall Street, New York, N. Y.—V. 170, p. 402. July 21 publicly offered $250,000 of first mortgage bonds, dated June 15, 1950, and due semi-annually from Jan. 15, 1952, to and including July 15, 1965, The bonds, on bearing interest of 2>k% to 3%%, according to maturity, offered at par and accrued interest. school, proceeds now are under to pay cost construction. of ; Refunding and its of designed subsidiaries refund to July on certain filed 12 security: new applica- Issues now construction. Co., principal a subsidiary the of ami company, for the the and share the __L $45,000,000 of sale ' — $1.41 $1.45 new Duquesne pre¬ non-callable preferred 6% proposed program, the Philadelphia Co. would borrow $17,500,000 from banks which, together with general, of approximately $8,200,000 of the proceeds from stock common Harmar RR. Equitable Gas and Co. would be used to with stock the oi' purchase from Duquesne preferred stock. would, Light Duquesne of Co., about at the t same sell me. competitive at bidding $12,000,000 additional first mortgage bonds and at a .later date, also by competitive bidding, $7,500,000 of additional preferred stock. funds would the $46,700,000 over used be to retire, from at such the call financing, price, the of out-' of 5% preferred stock. The balance of the by Duquesne to repay short-term construction par used be for amended •The the would $27,500,000 and loans realize would $30,250,000 construction 1950 program. ' : : the company for the simplification of capita] structure of the Philadelphia Co. contemplates that most the new preferred of Duquesne acquired by Philadelphia Co. would used, together with cash in an amount to be determined later, to retire the The filed plan by preferred non-callable 6% of the Philadelphia Co. plan also contemplates that part of the new Duqueshe preferred would be used to the retire stock preferred of Consolidated City of Pittsburgh, on which the Philadelphia Co. at the rate of 4% per annum. the of Gas has guar¬ dividends The provides that only the remaining plan stock $47,000,000 the use balance a Cheswich & Earnings— 1949 would Philadelphia Co. The latter then retire to ' funds would retired be cash for or $5 securities in cumulative preference a manner to deter¬ be When all steps have been completed the Philadelphia Co. will have outstanding only common stock and the bank further amendment. by loan.—V. Acquisition of Birmingham Elec¬ 172, pp. 200 and 330. Television Bond Share & above.—V. 172, 199. p. Co. (Nev.), ly offered "as a speculation" 300,000 stock at par Co. Film Ariz.— Mesa, Offered—The company earlier this month public¬ Stock shares of common ($1 per share). ; PROCEEDS—The net proceeds are to be used to buy 13 film releases costing an estimated $15,000 per film release and used for working capital and other corporate pur¬ "Parents on Trial" the poses. (1) 16,000 shares N. par ($50 be to balance Southern Electrical Corp., Inc. — Stocks Offered— Courts & Co., and Associates, on July 25 publicly offered cumulative chase of stock at share) plus accrued dividend from July 1, 64,000 stock purchase warrants to purchase a warrants said preferred per (2) 1950; of 6% like number of shares of offered preferred common the to stock stock (four stock purchaser of each at five pur¬ share cents per warrant); (3) 15,000 shares of common, stock (par $3) at $8.25 per share, and (4) 15,000 optional warrants to purchase a like number of fered to the at stock five shares common purchaser cents (one option warrant of¬ of each share warrant). The per of said common stock common is United Corporation Co., 15 Exchange Place, City, Jersey transfer agent. is J., States was organized to commence business as of provided by the laws of the State of Nevada, its capital being $1,000,000 divided into 1,000,000 shares of common stock, par $1 per share. The presently outstanding stock, prior to the sale and issue of any of the stock now offered, consists of 30,000 shares. Said stock, BUSINESS—Company May 27, total authorized 1950, the organizers at par. to issued was as The directors have issued par) (at Dec. also authorized an additional 300.000 shares to ba 15, 1950, and payment of $10,000 on or beforr- ing'ersoll, to Archie E. Lloyd, director and President, and Robert director, Vice-President and Secretary, and/or theiJ in' consideration for expenditures of money and time prior Sept A 1 1950, nominees, to „ organization, the money expended covering such items as incorporation, legal services, and travel expenses. Mr. Lloyd is company being sold for the account of three stockholders, while cost the preferred stock and stock purchase and optional war¬ presently the owner of 10,000 shares and Mr. Ingersoll 2,500 shares. The company proposes to engage in the business of making motion rants are being sold by the account: of the As¬ company. sociated with Courts & Co. in the above offering were Robinson-Humphrey Co., and Clement A. Evans & Co., Inc. erecting a new $350,900 16-room will expire at 2 p.m. on July 15, PROCEEDS—The stock, Jefferson the and the to net preferred Life wire operations the company working capital. The ($660,000 proceeds integrate bars, finishing proceeds net together with Standard fully more aluminum of proceeds gross stock, capital,—V. 171, of picture films, motion of all which will be adaptable for distribution to both picture and television markets. if • to p. to the the the of Co. company's and cable, which the by facilities adding now from the sale of the used basic the company warrants pay prepay or The be to net the exercise of exercised) the bank will loan, be the used or for corporation on July Ontario, Calif.—Files— 14. covering 6,900 shares of 6% added Tappan Stove Co., Mansfield, Ohio—Files With SEC— , from arc production will warrants the from expand processes performs. . to all to for -the two company . be of loan $750,000 a will Gas Service, Inc., filed a letter of notification with the convertible preferred Stock (par $25) and 41,400 shares of common stock (par $lt, of which 34,500 common shares are to be reserved for conversion of the preferred stock on a five-for-one basis. The issues will be underwritten by Lester & Co., Los Angeles, Calif., and will be offered publicly at $25' per share for the preferred and $4 per share for the common stock. : The •, „ . proceeds are to be used to expand business.—V. 171, p. 1789. . SEC from -the sale company proceeds Insurance Suburban The 1954. warrants to working The filed with the SEC on (par $5) purchased in Bank & Trust Co., trustee for use under the company's notification of capital was stock Citizens National of $21 price —V. of shares 2 000 by 2612,- letter A retire per share, July 17 covering open market at an estimated retirement plan. the 162, p. 819. Southern Fire & Casualty Co., Knoxville, Tenn.—Files The were The two SEC the system and to obtain funds for approximately of to St. Stanislaus Kostka Congregation, Stevens Point, Wis. —Bonds Offered—B. C. Ziegler & Co., West Bend, Wis., ^ •" 986. Electric See preferred 1, 1950, through refunding mortgage 3'/b% made 1.12. p. and the stock anteed tric Stock— Saint Paul Union Depot Co.—Partial Redemption— have 172, Philadelphia Co. stock 1950 (estimated) Southern Co.—Seeks Warrants There 1947 The 330. p. 1948 income— Philadelphia ferred of been . 1949 . a subsidiary of the Philadelphia Co., filed an ap¬ refunding the present outstanding 5% preferred stock of Duquesne and sale by Duquesne of $27,500,000 new preferred stock to exceeded assets Co., Inc.—Estimated Peters, previously com¬ Dillon * $169,7C8 with The be The for the "2,825 Standard SEC debenture of Eastman $121,410 company tions mined Earnings corporation on July 11 filed a letter of notification with the covering $150,000 of 5% convertible sinking fund debentures, due 1960, and 15,000 shares of common stock (par $10), to be sold separately at their par value, or In units of 100 shares and one $1,000 operation through on 58,016 outstanding in $15,- to securities. 2101. p. Six Months Ended June 30— —V. Rocky Mountain Textile Mills, Inc.—Correction— carried were Financing— Co. obligation Island the Standard Gas & Electric Co.—Proposed -$1.86 amounted government Current _ the stock or Narragansett's representing the balance would thereupon be liquidated. from $204,634 railway— Net from railway.—-— Net ry. oper. income 926,903 charges and taxes common current 1949 $12,300,224 outstanding including current Rhode of 1950 $14,526,745 pay¬ (d) 776. p. per Consolidated „ all after shares Earnings transmission account indebted¬ • tho and 330. p. from standing L Income 574,201, open Co. 104,678 oper. which Subs.)—Earnings— capital par acceptable Rhode its of with connection Net lines the Island or 101, transmission electric in the in purchase the —V. (bi Rhode 5,000 demand pay expenses to certain $500,000 note and $390,323 a latter, all conveyance of will conceling of ness things, subsidiary. a 1. Narragansett other among Steel Co. (& Six Months Ended June 30— The SEC has authorized this company, a wholly-owned public utility subsidiary of The Narragansett Electric Co., to sell all of its properties and assets to Narragansett for $949,327. owns, Trust $235,528 Duquesne Simonds Saw & Rhode Island Power Transmission Co.—Sale— Island negotiations Light $27,500,000 of new 199. p. & From Jan. 1— stock. Corp., New Rochelle, N. Y.—• Co. on July 25 publicly offered 749,000 shares of at 40 cents per Reynolds Metals Co.—Sells Magnet Wire Division— See retire 1950 plication represent the stock notification filed Jan. 27, time 6.669 shares of At that were issue of to 1496. p. Bank used be corporate shares Stock Offered—Tellier & an 28 Hanover railway—— railway Under The Danciger from from common shares common unit. per accounts Sightmirror Television Real Estate Mortgage & Guaranty Corp., Washington, D. C.—Proposed Dissolution— i dissolve Central Duquesne Light Co.. 50,000 shares. the > < of $42,000,000 credit Spokane International RR.-—Earnings— to corporation, on July 21 filed a letter of notification with the covering 43,331 shares of non-convertible preferred stock (par $4) offered for account of company and Kaplan. con¬ of barrels liquids. gas a by a group of banks headed by The City of New York, and Including the First the of the Messrs. purchase Net opening New the Net purposes. plan provdiing for separation of our picture producing and distributing of million natural Production Bank Chicago, June-— 2612. p. of the other executives and personnel remain. I The to admitted was Southern of ' While pany, (which Manufacturing Corp.—On Big Board— par 20 reserves, , 112. p. gas barrels > a The banking group provided $32,000,- " of the credit which matures serially from one to ten years; the. remaining $10,000,000 matures serially from the 11th to the 14th year, inclusive, is provided by the Northwestern Mutual Life Insurance Co. of Milwaukee, Wis. of Employees offices in New A, working capital of the company.—V. 172, used cost a stock class series company operating 29 loan The balance of the proceeds of million approximately 000 per was at common ft. cu. 15 have companies , at 1950 8, combined National City Bank of New York. , . the to National National additional An the and reserves extended amend¬ that quarter a . all to The purchase will be made with the proceeds of , participating 26 8, 1950. investors loan states. by The underwriters $1.35 the by June on of 98.4% prior firms., made of the Danciger minority stockholders; which is the price paid to the controlling interests. share, and Chase for now acquisition and $1.50 other be estimated oil „ & will per is crude underwriting by. this Oil offer SEC series and the 114,000 reacquired shares will authorized but unissued shares. Part of the of with preferred an¬ our ratified by the affirmative vote tied to vote.—V. 171, p. 1787, * was eni status be the institutional two outstanding, the to to be L. from the stock, an 15,091,970' Sightmaster Corp., New Rochelle, N. Y.—Files— on stock reorganization theatre operating business basis company five 46,383,403 1.7,307,818 217,825,938 200,026,036 Chairman of the Board, on July 26 announced the corporation of 1,105,076 shares of stock of th" Refining Co., being approximately 68% of the stock that company and the controlling interest. • ■ delivered to to postpone be are • , to through and 45.209.517 10,311,762 Chenery, Danciger The Corp.—Consummation stockholders of preferred 33,502,968 15,302,412 — .'-'Deficit-.—-V. - meeting directors public Corp. purchased a-small on market in rate Depinet, President of Radio-Keith-Orpheum Corporation, the the $1 dealings ' of the sold other to Exchange result T. acquisition , Gross SEC Radio-Keith-Orpheum Postponed— to and the office the include not is the control) Corp., added 111. p. ; . C. oil an the company stated that the trans¬ continuance 172, develop the property from Jan, 1, 1950, to the 1, 1951, and an amount for materials sale, of proceeds and York be convertible Boston then to Sheller transmission likc(y not the prevent common the to 202,400,477 46,751,863 Production Co., Inc. Acquisition — Loan Privately With Banks and Insurance Firm— Placed share, * underwriting .terms remain net Credit the March terms of approved, nor to First approximately $3,000,000, * of if and property. supplies. In election certain miscellaneous additions net used SEC' the per at firms connection Commission. minor for be $2 1947 208,312,380 Southern with at registration statement with a $1.35 share-for-share a stock . shares the in 330. p. Light Co.—Sale Approved— general and on returned of Y., has been its offered be The preferred exchange preferred on November will offered Calif, . 36,000 July 10 agreed to pay the $25,350,000 price for the above company's electric properties in the (Wash.) competitive area. The transaction is subject to a referendum, by underwriting purchase Seattle and & Council to is new represents Puget Sound Power The , notification be from trillion stock The in Carolina, Inc.—Trustee— mortgage shares- of was planned of North $1,200,000 to Co.—Registers With SEC— 20 filed on July 114,000 headed share Public proceeds County, ment. recently offered company, awarded were is this of share. per shares of stock par). The • shares The Bernardino company covering through for are The $1,000 one per unit, proceeds shares 2,250 of Service Co. of Indiana, Inc.—Stock Awarded— 1,631 letter a common Seaboard Finance 1 offering Public 136 ' 1948 From Jan. 1— of group The 136 income, oper. 1949 $42,946,546 $38,856,782 $40,390,058 $34,375,199 12,693,144 9,793,547 8.637,743 7,972li33 4,910,503 4,000,591 4,583,280 2,470,058 > railway-— railway Net from railway Net ry, oper, incomc___ —V. 172, p. 19j. / covering 1307. p. • Gross Exchange Commission— filed 17 shares 100 Co., capital.—V, July on $15,000 covering common debenture and ry. 2,060 -« 1950 from Net 50,180,619 1,956 period Co.—Earnings- from .railway Net San Andreas Oil Co., Las Vegas, Nev.—Files— Electronics Corp., Boston, Mass.— Securities Gross 55,188,073 period 330. p. without on 7,767,032 at operation such sufficient Pittsburgh. plan have been approved Exchange.—V. 172, p. 330. under 8,721,030 operation in Pacific June— $ 82,992,378 575,445,936 601,825,593; in stores $ exchanged. Trust & stores 84,412,317 Southern 1950—28 Wks.-—1949 $ of thereto¬ that so sales —V.'l72, be Trust issued shares share full common will Bank Bank to of acceptance nearest sales____ Canadian in issued. stock Chemical National the the shares of deposited shares 28, stock has been deposited be exchanged within the limit available, common are First Additional listing that 1950—4 Wks.—1949 after July prorated nurhbei all Depositaries Peoples be of allotted exchange, business common will shares tht of amount deposited 450,000 i their receive not period End, Domestic 450,000 shares of for will 28 exchange date. If, *, for deposited company covering share." p. 2,000 on July shares 17 filed a of .capital Underwr.ter—None. 1 1437. ' f letter of stock (no Proceeds—For notification the SEC pari. Price—SO.50 with per working capital;—V. ' 170, Tele-Tone Radio Corp.—Additional This square 75,000 company Space Leased— from the Bayway Term.nal Corp. 175,000 Bayway, Elizabeth, N. J., with options ioa' has leased feet of space at additional square feet.—V. 172, p. 52. , 8 (384) The Commercial and Financial Chronicle Texas Consolidated Oils.—Registers With SEC— > A - registration statement voting trust certificates lative preferred Texmass The stock, Petroleum filed was with the SEC 29th Street Towers Corp., N. Y. July 24 covering on representing shares ot the $5 class A cumu¬ without par value, of this company (formerly Co.). "so the holders management possible, as of a will gr„up the able be corporation to and act. together thereby far as and stability of policy and management of whenever their shares acquire actual voting power." Texas Illinois Natural Gas Pipeline Co. as the Financing — Program Completed— This company, an afiiliate or The Peoples Gas Light & Coke Co., July 25 completed the S)20,uU0,00J financing program in connection on the which Gulf construction will join the of the J.igh new Chicago region natural pressure with natural Final in Harris Trust iields gas the financing and meeting signed pro?rain Savings agreements with concluded were Bank, in IP Chicago, at the on Illinois and payment to meeting 25. cailed tor the Texas delivered were Illinois by the of $12,000,000 r;f interim notes issued by that company. subscription period tor $17,500,000 of Texas Illinois common expired July 24 at h p.m., and a.l of the stock offered was pur¬ chased by stockholders or their nominees, purchasers The City—Partial Redempt. redemption on Oct. 1, next, $45,U00 mortgage (now first mortgage) bonds due second 100%. Payment will be made at the Bank of the Company, trustee, 40 Wall St., New York, N. Y. maturing Oct. 1, 1950, should be detached and collected Coupons the (The) channels.—V. usual Ulm Corp. 170, 536. p. Placed Privately— loan of $5,000,000 from the The company has obtained a Metropolitan Life Insurance Co. The named after company, formed by was 12,500 Glen of acres this a McCarthy. H. has It recently, interest in one-half a field. The company in number a asked nas construction lines of fields of Federal the that would company Louisiana, along would the Texas The present construction pipeline cubic feet that it so by late natural of well as other pipeline to cities and Eastern and Gulf by coasts. approxi¬ towns in Northwestern and towns Texas 172, reserves increased Alabama cities, to as firms.—V. be approve industrial Fior.da. Transm.ssion an cubic ia,:.e Its initial feet, which would match the supply which is now being furnished dual line sy-tem o. Natural Gas Pipeline Co. of America, also Peoples Gas affiliate. the by a James F. Oates, Jr Chairman , pany, announced pleted through the following capital is sale that common in of 1952, stock 10% and of 3>/4% 1951, and the various National i2) at Bank Sale $10 Gas that of pipeline not were or Peoples Gas subscribed majority control the of Texas mentioned by Illinois shares of dated of acquired Sale interim by notes cumulative the of Texas due Illinois Jan. preferred interim 1, of and of rata and and 30, Of the total $90,000,000 purchasers Insurance John were Northwestern Co. Lile July on first the authorized was of 5% upon them Mutual Life Co., $45,000,000. Insurance Mutual bond Co., $10,000,000; New York Life $10,000,000; Massachusetts Other Life Insurance Gas ance ers Co., Life ance Insurance Co.. $2,000,000; Co., Equitable r.Le Society and (Mutual), Pacific Mutual Underwriters 5% $2,500 000; Continental interim who notes Ins State Life to by The Peoples Gas "to Light the successful assure Co., $1,000,000; of Mutual Iowa, and Central Automobile Life Assur¬ Insurance Co., by principal amount Weld.& Corp. Co., the of and Coke interim Company," notes Glore, Mr. financing of the project Oates explained, schedule. on made was without What¬ may be the present or long term implications of the current international situation, it is essential that additional supplies of natural gas be brought to the Chicago area just as quickly as it is possible for each Aug. Aug. transmission new Federal Power granted June 14, authorization called 15, 1950, and stipulated that it also V. 172, the pipeline, begin by new construction for be for to completed by the close of 195L 331. p. See Texas Consolidated Oils above.—V. Telephone 171, Harris the be market date, Co.—Rights to the will be SEC, who would marie The stockholders to shares of shares $21.50 under the shares Kansas shares of the (3) surplus. no the $100,000 sell distribution C the July $20) )-nr to 1950 20. at public were 1950 $21 for share. per (residents of The later- also placing bonds, than scries Nov. privately C 30, due capital Unsubscribed only) at 1950 30, of 1967, additional an $250,000 and first expects $150,000 of of the sale of t*e stock and pay $350,000 outstanding short-term improvements.—V. 172, p. 113. the bank bonds .loans will be and for had ment with 000 first a group of institutional investors of $32,000,bonds, series due 1970. mortgage pipe line The proceeds of the bonds will be struction program which provid s lor the proposed system to 505,000,000 cu. 340,000,000 ,The cu. an ft. to the increase of company's in natural con¬ the capacity of per day fvom gas ft. were the placed original bonds, series due with the $143,000,000 1968, about a According to present pirns natural gas to New York and V. 172, p. 52. issue year the institutional same of first investors mortgage who pipe line on ^Warren merger, New A Lee for Pierson, review of approving will begin the neighboring communities was filed on Civil Pan July 21 of the Board, Aercnautics late as with the by TWA TWA on July 22 for s. a stay Court of requested a of the Appeals of this year.— U. 8. CAB in temporary revised Overseas Court order New of was that order ry. Gross with sales. on from ry. as $119,079,238, months of Employment toward amounts for costs the about based the the approval United of dis¬ to in 5,950,606 for net net the six tons, tons, second months the Eastern of Net tne at directors time of employees of or the in ry. of 1949. Net from ry. —V. 101.2% of of At completed Net the 1950, the deducting *Net the for quarter of the 1949, Common "No loss order per he authorized CONSOLIDATED Period End. June 30— who'e & tion net the $59,520 Capital with of and expenditures State, local Est. __ 33,528 378,560 share Nil $0.02 $0.0.9 $0.07 made was for tAfter first Federal providing half stock.—V. of 1950 171, p. . income $29,760 lor taxes for unpaid $1,830,759 because, of 1948 first quarter of 1950 dividend requirements 2614. (& Subs.)—Earnings— 1950—3 Mos.—1949 Net -V. $9,285,688 125,474 233,986 263,447 425,900 425,9C0 425,900 425,900 $0.30 $0.29 $0.56 all and $0.61 charges.—V. & 171, $9,710,409 1790. p. Co.—Earnings— 1950 1949 $89,241,052 $51,926,311 447,749 428,366 372,483 251,026 379,070 358,322 327,591 230,130 $50,679 $70,044 $44,892 $20,846 ____ taxes. income 171, 1950—6 Mos.—1949 $4,875,602 outstdg. share and 1948 1947 $62,252,422 $51,438,397 1674. p. Wellington Fund, Inc.—Reports Greatest Growth— 12 L. months Morgan, ended Resources at Asset $17.91 a 30, latter year in July 10 stated that "during the this Fund had its greatest growth. on 1950, date More ago. $126,179,842. were investors increase an became share June on beginning of this 30, 1950 $17.80 was and $16.23 $50,share¬ compared on June outstanding at June 30. 1950 against 5,887,413 at Dec. 31, 1949—V. 172, p. 200. were of of Wellington similar period." any per the President, June the value at number year shares West A with 1949. The 30, 7,088,683, as its quarter ket Period Ended June 30— income Earnings On and changed months as this result statement ended was of 30, be to be $2,168,885.—V. Sturgis The North before Federal earnings income gives of the giving effect for company effect to Division. American income these taxes. these to the six changed 171, p.-1790.' West Virginia Coal & Coke 1949 287,301 301,657 $305,835,063 $266,663,404 OF the as $1.99 distribution, compared follows: . capital increased forma net 1949, to $1,707,108 $2.19 of way known $1,877,801 subsidiary of a subject pro The June by properties it ceased a 1950—6 Mos.—1949 $0.85 company, its of conditions. conditions 1949. 1950, above June were at 1949, 1949, " $728,530 $0 85 certain 1, Mos.—1949 $729,009 share 1, will Co.—Earnings— 1950—3 after taxes. per Nov. subsidiaries 1340, p. West Kentucky Coal The of of notification was filed with the SEC on July 25 covering of common stock (par 50 centsi to be offered at the mar¬ (about $10 per share) through Coffin & Burr, Inc., New York. The proceeds are to go to a selling stockholder.—V. 170. shares Co. 30, June Disinfecting Co.—Files With SEC— letter 3,000 On at Period End. June 30— Net profit Capital —V. afttr shares Earnings INCOME per 170, p. Corp.—Earnings— 1950—3 Mcs.—1949 1950—5 Mos.—1949 taxes.. $673,406 $477,970 $769,297 $954,765 outstdg. 420.000 428.200 420,000 423,200 $1.60 SI.11 $1.33 $2.23 share 48. 1950—6 Mos—1949 $ $ Western Auto Supply Co. 647,046,308 1,387,609,105 305 835,063 266,663,404 558,040,579 240,546,351 $1,631,020 13C.626 income to yet declarations, STATEMENT 1950—6 Mos.—1949 26,518 . Gross $1^1,000,000—a projects 1,311,938,837 530,250,223 Period End. June 30— Net 504,239,418 37 997,457 40,930,634 72,946,113 576,271 1,098,722 1,154,368 17 ,654,243 17,206,053 26,881,654 26,358,137 172, p. $722,845 $2,155,864 $771,778 $2.18 $0.96 $2.87 $1.03 share. 200. 76,884,426 538,368 —V. 1950—6 Mos.—1949 $1,634,764 com. per (Mo.)—Earnings— 1950—3 Mos.—1949 income Earns, 525,062,799 SEC to 48 500,000 37,000,000 84,500,000 69,861,496 44,123.595 119.079.238 94.052.265 6,304,919 6,304,919 16,971,341 13 054,878 12,609,838 33,942,682 26,109,756 Gold Mines, Inc., With Securities and The taxes income on 1950—3 Mos.—1949 System, Inc. Weeden and taxes Fed. 5,279,472 $4,703,218 Western . 12,485,719 5,926,579 378,560 taxes to neriod long-term debt 13,813,861 2,623,013 378,560 for per "After 94.5% to serv. facs.— 7,713,145 4,289,792 shares Earnings of quarter exhaus¬ of 11,574,551 _ Period End. June 20- to for dividend 1950- -3 Mos,—1949 272 ,440,951 & 206,516 45,941,251 378,560 $2 preferred amounted po^"'-'- postwar and $ costs 1,206.010 51,370,689 36,861 forward, Waldorf serv. Employm't 469,695 44,136,306 $1,032,829 com. Sept. disposed of 752 ,827,578 Wear the to additions Such ^oand'nnre - Prods. $25,000,- $1,144,000,000. Average number of employees Employment costs & 775,543 21,402 provision carry and first the dividends. 1959 sold 1,020,357 outstdg... over tons second for $40,000,000. second 1947 $7,012,553 2,245,997 chgs._ after shs. fEarns, Net Quarter— Prods. net compared $489,804,683 1948 $8,713,496 1,349,571 Bond, Inc.—Earnings— than 5,276,441 as current 1949 $7,386,912 $929,817 profit 375,025 amounted of 10,767,657 expenditures of 70,171 53. holders year. ' 185,085 48,790,606 _ railway income. p. of reported for the second established new high records corporation with statistics second is 1950 months the further a program of compared Employment 2nd assets after $536,943,921 30, facilities current 1950, June required postwar quarter of six In brought the total spent for fac'litie- 286 *23,544 2,061,476 sales Net history of U. S. Steel. totaled "80.C26 *129,668 $8,507,527 oper. 172, reported return a addition capacity, this 1,044,371 cost. shipments and of sales, <Jn include castings 1950, facilities first 1950 the and of second with 881.028 *150,983 _ railway Waitt & business shipments rated quarter quarter of or *931 886,210 quarter of 1950 of 13,312 of declaration quarter, months pension 1949 of in ingots first replacements first 9,493 *29,962 "134,507 Period End. June 30— directors 9.3% of quarter of 1950 of pensions in the The steel of before 1947 $155,792 3,300 income.. oper. from Gross Eastern the close at 1948 $149:351 RR.—Earnings— company. second that return a six the for second the total the record 1950, or the cost first i&t-months averaged during of of compared and In for corporation 1949 facilitate and paid-in 126,933 shares that of board first quarter of by From Jan. 1— or ,as. Kansas outstanding provided officers second and as addi¬ money 114. p. railway... railway from $100 par common authorized no par shares, have current comparable periods any Production Net income Pref. dividends.. ' Com. dividends.. on Haven,'Conn. restraining 172, profit for Shipments of steel products to for ': 1950 Net on Kansas railway income... "Net not the cover sold offered 597,967 from Gross Light Eastern Kan cash, (2) cancellation by indebtedness of Eastern Kansas, holders service past necessary be to or first *31,365 railway sales quarter the is new be Kansas payment compared with income reported for of $94,052,265, all before declaration of as 1949 it giving provision of stock 398,155 June— authorized 250,000 $69,861,496 for unless the offering such "14,499 oper. Total the $49,217,742 Income six Reinvested argued from V/alter as charter any — "Deficit.—V. stock¬ the distributions to stockholders further to the "15,974 income.. oper. into ;t>o 000 snares c no jar stock. Railways 26,933 additional common of 1950, office new corporation July on covering 3,000 shares creditors.—V. 166, Carson City, Nev. Exchange Commission— p. 13 filed cf capital a letter stock of notification (par 10 centst to — Files with be the issued 1527. 79,000,000 a of airlines Appeals per share —V. 172, Western Maryland Period End. June 30— Operating Net 46,585,236 331. $2.44 oper. 72,526,718 '$1.45 $4.08 « 55,332,671 ry. Net income —V. ' $3.12 oper. 172, p. Ry. Co.—Earnings— 1950—Month—1949 $3,485,269 revenues 1,027,302 revenue Net 24,763,798 com. _. p. 12,609,838 in business Earns, from Judge Thomas W. Swan in New Haven, Conn.—V. 171, p. 2613.' be stock Corp.—Quarterly Earnings Report second reported is compared 7.8% 9, the a $104,680 railway railway From Jan. 1 1950. for dividends, on delivery announces Board's American-American York. motion July 26 before the U. Vi o. Chairman the the Net of $1.75 per share stock, payable Aug. 19, 1950, to holders of record and a dividend of 65 cents per share on the common 1950, 4, misc. July. 10, Eastern or stockholders Olds. Chairman, announced declared the quarterly dividend payable Sept. Aug. of erection the in from from preferred 31, stock, the that 1950 Net Int. & other costs ago. company Trans World Airlines. Inc.—Review of Merger Sought petition to S. bought bonds purchased applied with then is of oppor¬ shaies not subscribed for employees. 172, p. 331. to provide basis 6 Mos. End. June 30— earnings the Irving July 25 on the on with Transcontinental Gas Pipe Line Corp.—Bonds Placed Privately—White, Weld & Co. and Stone & Webster Se¬ curities Corp. have negotiated contracts for the place¬ rata from rights to Ry.—Earnings— Expenses 1950, 30, from of will common common cash a Light $74,381 persons States Steel Reporting of to series pro Sales be issue an Dec. Gross 2515. p. $953,000,000. Is proceeds to the additional Virginia bonds. used given 10,000 Utah $200,000 of It quarter recently thereof on account majority a consist shall United Stockholders— share. 3 '/a % not sto-k 27. delete to and a change Net share of one 15,000 to will stock. finance to further a em¬ preemptive rights provision requires approval two-thirds of the outstanding common shares.—V. 171, p. 2350. of for shares Scrip of Utilities, Inc., to date (1) open Kansas common 171, of capitalization Eastern par Kansas —V. Light. distribution stock into issue will consideration in Railways of also Light will be 21, 1950. The three to fractional shares of 14,000 outstanding shares Eastern of United company's reclassified be to are its and basis United Light's plan of liquidation.* strengthen the capital structure of Eastern that Iowa-Illinois of United Kansas later a the or given are for any company's offering. The be Iowa-Illinois. lieu by otherwise be entitled distribution, 1950 June before or offered company mortgage record on common were per The of subscribe used preemptive stock on been will Savings Bank of Chicago has been Fractional shares of Eastern Kansas Eastern at of United the The above transactions v/ill complete tons Bonds Placed Privately— right public will be made on Aug. 22, 1950, record at the close of business on in determined as expire Light Co.—To Increase Stock— and full common holders Light, but of of of of & share per stockholders be & value, par Wabash has stock on Aug. appointed depositary the basis of agent. issued value tribution the value par been on Kansas Trust not first 398. p. $0.09 1950, 22, business ol that United of distributing on shares on for Tidewater to $291,736 Nil common books has shares stockholders stock 11,248,427 Texmass Petroleum Co.—Change in Name— five Light, shares 1950. will close made be also announced Light without Chicago fractional of appointed line." Commission's last $lj,401 Aug. Light transfer the of value of Eastern 25 8, stock will each United United 000 The formally See the 1950—6 M'~s—1949 07 that 27 United stock of as Bank for par holders of The which lieu ever to construct no a.id (& Subs.)—Earns. $0.06 July on when common closed company Income $6,000,000 of the and in The date Co. National issued '•' \ Electric Iowa-Illinois $500,000 each. White, for exchange Co., Bank¬ $5 to are Power stockholders tional Net the as permanently England Mutual Life Insur¬ $6,000,000 headed purchase & July purchased were • decision Co. r.n;e Farm Insurance Co., Forgan & Co. "The New Assurance 5181 o $0.01 announced company First $4,000,000; Equitable Life Assurance Society of the United States, $4,000.000; Mutual Life Insurance Co. of New York, $4,000,000; Penn Mutual Life stockholders common at the its manufacturing site.—V. on Net and pipeline bonds purchased, bought the either proceeds to the on to are • subscribe by share, per Rights company has applied to the SEC for authorization to increase authorized common stock irom 1,500,000 shaies to 2,000,000 shares the Light & exchangeable To amount $65, share- $5 along 171, p. 2103. The afore¬ 1950.) mortgage Insurance $4,000,000; stock maturity in $5 purchased $6,000,000 $6,000,000 principal amount 15, America Hancock Mutual Co., 50.S% publicly. authorized by the of of which has Gas remaining Ccmmissicn Insurance the holds purchased by underwriters who in turn have sold Peoples Gas investment in the e interim notes was Prudential of common was Illinois Commerce (Peoples stock of shares in Stores Corp. 1950—3 Mos.—1949 taxes. com. designated 1950.) orincipal payable First stock share now Illinois June 1, to SEC The Railways Co—To Complete Distribu¬ tions Under Liquidation Plan on Aug. 22— to 1950. per Illinois The capital after United sales Oct. common 17, pro Texas on (Peoples the 1950. of additional $12,000,000 1952, Siock. notes, 17, July its 1970, and moitgage. outstanding 20,034 the Illinois Commerce Commission (3) Con¬ Power Texas outstanding shares of Peoples Gas' investment stock common July stockholders total between on for in 1950, shares record the due 1, this under of company. of Public the sale of $90,000,000 Oct. 1,750,000 other the Earns, —V. com¬ Federal addition, The com¬ been the of the bonds, ween subscribed has by of by agreements trustee 00% and company stock. new pipeline of stockholders held Illinois has of Certificate e Illinois companies for companies is Illinois date Texas income the terms Chicago Texas to f i Texas mortgage the of ; instalment, be insurance share h e to U50 in to of by per as the subject o, 10 insurance be Board necessary l.rst mortgage bonds, 15% by the the sale of 5% interim notes due by , issued first o; to ie acco/da 14, with series bonds and in June Contracts such of is and Necessity on the linancing project by which 75% program, s which venience of pipeline being provided 5 y Commission (1) the Period End. June 30— Net at held. shaies the offered are 200. p. United Cigar-Whelan shares 24,284 1950, 7, five with $1) (par than July notification of stock 1950. above as Texas, plants record for each June— ;.1ls for completion of the 1,331capacity will be 305,000,000 daily aid t o pipeline has been designed ultimate daily ilow of more than 517,800,000 gas transmit can nm 1951. In of to gas Louisiana 400 was of letter a more remaining 4,300 shares are offered to the ployees, officers and directors at the same price. Texas, it , substant al and would than more Southern made be lines, new serves Mississippi, Deliveries the now 10, Aug. new filed common not share one Utah pipelines in $110,000,00J, Commission Power connect pipeline capacity initially mately 850 million cu. ft, daily. The stockholders of 12 of shares, The United Gas Pipe Line Co.—Expansion Planned— company plans to build 1,130 m.les of Louisiana and Mississippi at a cost of more than announced on July 24. shares 28,584 common basis July on 28,584 the building The the company Of tunity Texas oil field discovered new stock mile The covering on (Texas)—Loan Monday, July 31, 1950 . Upson-Walton Co., Cleveland, Ohio—Files With SEC— for at 1952, 1, through At companies insurance made was a July on purchase of $90,000,000 in fir^t mortgage pipeline bonds Texas 4% has United's details at this to pipeline gas Coast. held Oct. concerning secure, continuity corporation with 10-year prospectus that corporation Manhattan names the following as voting trustees: John P. Chase, Lindsey Hooper and jborre^ter A. Clark, ail of Boston; Roger E. Morse, of Roxbury; and Lakue Brown, of Boston. Holders of 25,500 outstanding shaies of the $5 class A preferred are to be given the opportunuy to deposit their shares with the voting trustees in exchange for the voting trust certificates "in order to united this potential voting p„wer" in :he hands of the voting trustees the The of . . income 709,856 ... 1950—6 Mos—1949 $3,403,547 $18,799,879 $22,3i4,685 851,607 5,383,155 6,868,0142 516,069 3,650,248 4,077,505 486,127 299,657 2,277,445 53. (Continued on page 46) 2,786,947 Volume 172 Number 4929 The Commercial and Financial Chronicle . . . Per DIVIDENDS Name of Donohue Dividend announcements tables. In nounced a the first grouped in two separate are indicate we all during the current week. second table in which the Then show we the dividends we follow with Alberene Allied of Company Stone Stores 4% Corp. Corp., preferred Allis (Va.) (quar.) Company $1 Cast Steel Amalgamated American Co American Can Co., American Export Hide Products 9- 10- 2 9- $1.75 10- 2 50c (partial Screw American liquidating) Standard Co., $6.89 4V27 American Wheelabrator Co. National pfd. (N. Co., Y.) common Arkansas Natural Gas 67r Armstrong Cork Co., Carpet, Inc. Corp. Investment & Charlotte Atlanta & Co. Point Line Ry. Bank Ohio Bayway Beech Co. Aircraft 4'A% Fine Bethlehem 7% (quar.) Valley Blaw-Knox Boott Co. Mills Borden Bower New Brooklyn Buck Buckeye Hill trating Gas & two for common Co. 7V ' Ice Machine Oil Companies. Co., preferred iquar.i ______ Ltd. cl. A (quar.) (A. Champion & Inc. & Paper Chicago Mill Chicago & Fibre Co., City City Investing Co., Colonial Life Co. (quar.) 77 pfd. :__ 9- 1 9-15 8-11 9- 10- 2 9-12 8-14 8- 1 7 9- 1 8-11 pfd. 8 9- 1 8- 7 9- 1 8-18 8-15 8- 9-15 8-18 9- 1 8- 9- 1 8-12 1 of 9- 1 9- 1 8-10 8-10 9- 1 1 8-10 9-15 8-15 8-15 7-31 7-31 7-21 9- 8-10 15c 8-10 1 (N. 1 7-25 1 1 7-25 $32'Ac 9-20 $50c 8-21 9-15 $50c 12- $20c 10- 9- 1 1 9-13 2 9- 4 10- 2 9- 4 2 9- 8-10 8- 4 8-15 8- 4 5 8-19 9, 1 8-14 10- 2 9-15 9-29 20c 8-15 8- 8-31 8-15 8-14 8- 40c 9- 8-18 8- 9-15 • 1 1 1 7-25 8- 1 4 9-15 $1.25 9- 1 8-11 8- 1 7-20 8- 1 7-20 Seal & preferred Power (interim)__ 57 pfd.__ Co., __ Match Coal, Co. Gas Works Fuller 56'Ac 9- 1 8-15 8- 1 7-2u 40c 9-15 11- 8-11 1 9- 1 10- 6 8-15 8-25 $5 9-15 1 8-10 9-11 8-18 8-10 8- 1 9-15 9- 9-12 9- 5 8-25 8- 8* Co. pfd. iquar.i Extra (quar.) (quar.)— ; Cigar Co., 1 8-10 9-14 8-28 $12'AC 9- 1 8-11 8- 1 8- preferred General 7-25 8-14 National Gypsum 8- 7 National Malleable & 9-20 9- 1 National Paper Type 9-15 9- 5 9-15 9- 5 8-18 8- 8 9- 8-15-=" Neisner (H. W.) 9- 1 Hajoca Halle 1 8-15 9- 4% convertible Hancock Oil New England Laundries, 8-15 8- Hershey Hilton Dock, New 7 York York Stocks Diversified 9-29 9-15 9-11 8- 4 9-15 9- 5 9-15 8-15 1 8-15 9- 50c at 7-20 84%c 8-10° $3 10- 1 Hunt Oil & Foods, 5% held Steel $3.50 Jones Co. 5% 4 10c 8-25 8- 4 :_ 8c 8-25 8- 4 Midyear 1 8-15 1 8-15 North 9-30 9-20 1 8-18 9- 1 8-18 North 10- 2 9-18 9-11 8-11 New 12'Ac 8-31 8-15 12'Ac 8-31 8-15 $1.25 10- 2 Yards 5% 8- Ohio Okonite 8-16 9- 9-21 1 New 8-16 9- Old 5 (James) 12-30 10-31 8-10 7-25 Co. of 8-10 Oxford Paper, 17c 8-21 7-31 Pacific Associates, 7-31 7-18 Pacific Finance Pacific 8- 1 7-27 10- 1 9- 8 Panhandle 10- 1 9- 8 Parkview 8-31 8-15 8-31 8-15 10c 8-18 8- 15c 9-10 8-31 $1.25 8- 1 7-19 $1.75 Package < 7 Maine— pfd. 8- 1 7-26 7% 10c 9- 1 8-16 Peter 9-25 9- 8-25 8-10 8 8-21 7-31 2 9-15 2 8-16 $3.95 25c 9- 1 8-15 $20c 9- 1 8- 35c 9- 1 8-15 9- 2 8-21 Co. (quar.) Co. of Virginia Building Corp.— Liquidating distribution (quar.) 50c 1 L.ght Lord Chemical & Groceterias Co., Main* 5% preferred Inc., (quar.) com. Central Corp. 6%- (year-endi— Co., Inc. pfd. (Third conv.. quarter 8- 1 8- 1 50c 15c 62'Ac 9-15 7-24 7-24 9- 1 8- 1 7-21 9- 5 8-15 50c 8-28 8-14 2 9-22. 9- 1 8-15 9- 9 8-18 9-25 9-11 $1.50 10- Bonding 9-15 & Ltd., 8-31 45c 11-30 $1.25 — Insurance 9- 1 10- 2 8-10 11-10 9-20 Co.—- i 8-15 8- 2 9 Metropolitan Storage 7 Micke!berry*s f37'Ac (s-ai— (quar.i Yead-end Mississippi Power Missouri-Kansas — Co., 8-19 8-29 8-15 8-29 8-15 4.60% 9-29 9-14, 9-12 8-30 pfd. Co. (quar.) i' 8-10 9- 1 8 7-24 9- 1 8-21 9- 9 8-11 10- 2 9- 1 3 7'Ac 9-30 9- 1 25c —_ 9-30 9- 1 ' Co., 20c — 1 8-11 9- 1 8-11 9- 1 8-11 $1 common. 9- 91'Ac 983Ac 9- 1 8- 4 9- 1 8- 8* 10-16 10- 2* 50c $1 20c (New Jersey) (quar. >_ - Ltd g Y.i (N. 1 8-18 9- 1 8-18 $1 (quar.)__ 9- $1.25 of New 8- 1 7-20 $20c Mexico 9-28 8-31 — (quar.)__ 25c 10- 9-20 2 8-15 8- 1 50c (q-ar.) 9- 1 8- 7 $1.25 (quar.i preferred 10- 1 9- 8 28c Extra Reading 7-25 7-21 7-20 9-15 8-31 9-15 8-31 50c Co. 7-31 20c lnuircnce Corp Marine & Refining 50c 40c (irreg.) Oil 9-14 Company— preferred 1st non-cum. Remington Rand, Inc., common preferred Robin.'-on, Little pref. A (quar.) — Gas Co., Mfg. Rogers Corp., & Haas Rolls-Royce, American Art (quar.) 9- 9- 1 8-15 8-15 8- 8 1-; ,~r— 5 8-17 8- 1 7-24 40c __ 9- 90c 9- 1 8-16 $1 9- 1 8-16 $0,298 8- 2 - Ltd.— deposit Metal receipts... —- — Inc. (quar.)—- Inc; iJacob) 8- 1 ,7-20 Russell-Miller 9-11 •8-18 Safeway (quar. )___r____—----- 4'A.%, Inc., $1.15 2 9-15 (quar.) 40c 9-16 8-31 Sagamore Manufacturing 2c 9-16 8-31 St. Co i. 9-12 9- 50c 9-20 9-11 v $1.12'A 10- 2 I 9-11 8- 1 7-26 10- 1 9-14'^ $1.25 10- 1 9-14 $2 8- 1 7-23 30c — (quar.) 9 9-12 50c common (quar.) (quar.)— Paper (quar.)_^ (quar.) Milling Stores, preferred preferred 6- '9- 35c 15c Works, —— Brothers, Croix 9-, 8 2 40c Extra Ruppert (quar.) $3.60 class A laccni.i Co., common (quar.) preferred 2 10- 50c Co Inc. 10- $ 1.12 'A $25c (quar.)——_— Rockland 8-24 25c iquar.i (quar.)__ & Co., Ltd.— Rockwell 75c 10- 2 4 $1.25 common... common Fire 20c com. 10- 1 50c Water Inc., Co. Fund 5% 8-15 $1.75 Bank & Trust Co. Co., City Roos 1 50c (quar.) Service Co.——— Co Co., 62'Ac 9- $2.50 —u_ (quar.)_. convertible Ronson 8- 50c —i—_ Warehouse Products Pipe Line 8-19 9-15 50c (quar.i Food 9-15 50c iquar.) preference common 'i62'Ac 25c common 8-T 8-15 1 Co.— Gear Mines, Puritan 4% 8-21 8-21 83Ac (quar.)____ Water Quaker 4% 8- 9- 7- partic. in. <quar.)___ National Oil 8-10, 8-15 10c (quar.) Mills. Quaker State Rohm 40c redeemable preferred 5% 9- 1 to $4. $3 preferred Public 6-26, 40c Quarterly Pure 9- 8-15 6-30 56c c 9-20 9- $1 (increased ouar,)_payment raises the annual rate Proprietary $4.50 35c payment) (quar.) Corporation, B 7-24 7-25 . 37'Ac — __ (quar.i__ (quar.) preferred Public 1 8-11 iquar.) preference Suburban above Pillsbury $5 8^ 40c (Calif.» common Class Quarterly Class 1 Co.— (Fourth quar. payment increased) Massachusetts $2.50 8- 60c preferred McCord $1 Corp.— Common 5% 2 20% Manufacturing Quarterly Marathon 2 8- 25c (quar.)__ (quar.) dividend Consolidated Mapes 8- 1 $1.25 prior (accum.)__ & 1 9- 25c (quar.)— RR. (P. R.) 4 9- $1.75 iquar,)_. Company Square Garden preferred Mallory (quar.) common & preferred preferred Princeton —- 2nd preferred Madison 8- J25c i Macwhyte 8-18 Ltd.— Hotel, non-cum. 65c 7-25 $1.25 (quar.) pfd. Pittsburgh Coke & Chemical, com. f25c Metal Products, 5% (quar.) (quar.)_— Extra 7% Lyon Co. 7-27 4 1 time (quar.i.. prior Inc. (quar,)_____ Valley RR. (s-a) Bureau from ."$4 $70 (quar.) Baltimore The 4 8- 8- 8-10 Phillips Petroleum Co. , 8- 9 9-a (quar.) Machine $3.65 10- 9 9- 8-21 Drug Stores Philadelphia 10- $6c 8-10 9- 25c (quar.)__, 25c preference $25c 8-25 $1.12 'A Producing & Refining Co preferred Inc. !_____ Sons this at preferred 6% Corp. Paul, !_—__ & (quar. )__ Philadelphia Co., $5 preferred iquar.) Philadelphia Electric Co., com. (increased), $1 8c — Ltd $4 preferred $5 Drugs, & Perkins $1.25 • 8-15 50c Co., preferred Peoples 30c (accum.) 1 (quar.) declared Machinery $2.25 Peoria 1 25c City) (quar.)—— Pennsylvania Telephone Corp.— . 9- 30c . (Kansas Lincoln A Elevator 65c t___ $7 .. Mills _ (quar.) _ 8-15 $1 — 1 omitted. was 8- 133Ac (resumed) 4 8- 9- $1 _________— useually 1 32'Ac 7-21 8-14 25% preierred conv. 1 common—— 8-31 1 4 (quar.) common Corp 9- Co.. 8-31 9-20 8- $1 :—___ old 4'A% 9- Otis 9-20 class B common— Dividend 5 8-31 38c (stock dividend) Coal Inc., 20c Insurance B Company, Ben Omar, 1 9-30 8- -__ (quar.) common (quar.i, common Candy Shops, Ltd. (quar.)— Life Class Oil- Co. $1.75 — Co. $3.50 Extra 7-20 * 1 9- 8-14 prior $1.50 — (quar.) $1.37'A (s-a) 9-11 1 8-15 1 35c preferred 8-15 1 9- .9-15 L_ $2 1 8- 8- 75c — Water, 1 9- 8-15 — 9- 7 30c N. 9- 2 8-1 $1.50 — — (s-a).L quar.)__— Extra Osgood Co., Inc. Lees Class (initial ol 4 8-15 $ 12c L*L__—1-_ guaranteed Co 8- Corp— preferred (quar.)________ Northwest Bancorporation (qua: 50c ___ pfd. (quar.) series— Ltd. Mines, Secord Insurance Northeastern $4 7% 4 8-25 50c (accum.)—-----— RR., 4 8- 12'Ac —__ (accum.)______** preferred Carolina I 4 8- 8-25 20c —. Corp., Ltd Investment 6"/d. preferred 9-11 10c 7% Co. Cement. interest Bryant, (quar.).. 8- 8-25 7c ■ Mining Northern 10- Co. American 9- $1.06'A Mfg. 8-25 15c - _____ Normetal 9- 56'Ac (quar.) Bonds Newport News Shipbuilding & Drvdock Niagara Share Corp. (quar.) "9- 30c Furnace 8- 8 Newmarket 8-18 20% 8- 8 9-15 8-18 50c Publishing Co. 7-26 9-15 10c » $1.25 McGraw-Hill 8- Government 30c Chemical 9 8- 8-10 4 12c 25c (quar.) & 8- 1 1 8-15 (irreg. i Corp., 1 1 9- Equipment 30c Insurance 9- 9- Tobacco Railroad 8-15 (quar.i 75c 9- Steel 7-25 1 (quar.) (Conn.) 9 37'Ac 8-15 1 1 Co. 8- 37'Ac 1 9- —_— Laura 1 98- 9- (G. R.) Gold : 9- 25c (quar.)— Inc., common (quar.)__ $5 prior preferred (quar.). Knickerbocker Fund, Inc.—1 Lane Utility 8-15 50c (quar.)__—__ (quar.) (John), 4 -• Public (quar.)_ Kings County Lighting Co. Beneficial 4 8- 4 $1 Vegetable Parchment Lamaque 4 8- 8-25 8- 25c pfd. Stove Labatt 8- 8-25 8-25 dividend Kinney 8-25 7c ; 50c Copper Steel Keystone Portland 4 25c iquar.) Co. & 4 8c Stock Oil $1 A $2.25 A Life A 8- 4 Co. Furniture Laughlin 4 8-25 8- (accum.) C. 8- 8-25 3c Silver 8- 8-25 12c ; 8-25 11c 50c City Stock 4 9c 12c 8- 50c preferred 8- 8-25 (quar.l__: Kalamazoo 5%. 8-25 $1 Aluminum Kansas 9c 4 15c iquar.i__ pref. Water preferred Stock 4 Merchandising (quar.) common 5% Standard & 8- 5 50c Corp., N. 8-25 9- : Greensboro, 4 12c 9-15 iquar.i class Fund, Inc Inc., 55c conv. pfd. Ironrite, 8- 8- 42'/2C Stock Jefferson 8-25 8-25 (quar.) International Harvester Co., Investors 4 8- 11c Educational Publishing Co.— International 4 8- 8-25 12c , Consolidated International 8- 8-25 Stock 50c preferred preferred 8-25 Machinery Co. International 7c 4 Co. Li Extra Inspiration 4 8- Inglewood Gasoline Inland 4 8- 15c : $7c Calif., series & 8- 8-25 15c Electrical on Indianapolis Water Co., 4'A% pfd. B (quar.) 5% preferred A (quar.)___ Gas * 8-25 8-18 J Inc., 8-18 8-15 Fund 9-20 this at (quar.) Refining preference 9-16 8 1 Fund— Stock Chemical 1 2 9- 9- 5c Building Supply 1 8-10 17c —_ 8-24 8- 10- 4 18c 9-20 9- 8-18 $2.50 __ — — Automobile Insurance due meeting common Corp., Fund Investment 2 $3.50 ,__ Creamery l increased i Agricultural Bank 4 t Preferred Coast 9-11 10- 8- 1 Inc.— Investment Diversified Pacific 1 9- $1.50 ar.i_L_ t, 88- $5c ■ preferred 4 8-15 8-15 50c $5 8-15 75c (Bait.) pfd. 8- 60c Ltd.___: $6 8-31 8-15 25c ■ ; Co. 1 8-25 9-15 50c _______ Industry Shares— Corporate Bond Series__; 8-21 8-15 $1.25 (accum.)__. .__! convertible (quar. Diversified 25c (quar.) Hotels 4%, 7-24 15c 20c Jersey Zinc Co 8-15 ; B 8- 8-18 25c ^ Casualty New 1 25c Extra Extra 7-31 _____ ; (quar.) Mines, 15c (quar.)_ of 8-15 8-12* Metals preferred (Co. 9 37V2C Co. Co., 8-11 1 9- 25c Ltd. Watch ' ; Calumet 25c Co. Mines, Hamilton _i common New Lumber— declaration Corporation Brothers Co., preferred Railroad Water 1 9- 50c (quar.) (quar.) Amsterdam 1 9- Inc, New 22. Hackeiuack 9- $1.12'A 25c pfd. Ca_tingi go (quar.i 8-21 10c pfd. & $ 15c (quar.) $4.50 Steel Aviation $6 deferred was Meter Extra Co.— dividend on & Brothers, Neptune Co.— Plywood preferred Co., 7-31 Canada, Shipbuilding Corp.— 6% preferred (quar.) Naumkeag Steam Cotton Co 8-15* 8- : quarterly Corp. (quar.) time 1 8-15 Resumed Action 9- 1 $1 - $1.75' Castings, convertible 15c (initial) Industries, 5% preferred iquar.)__ General Iron Works, 7% preferred (accum.) General Mills, Inc., 3%% pfd. (quar.i Gossard 60c of Co. — common 1 1 common Girder Ltd., Chemical & iquar.) common 8-17 $2.50 General Steel Drug Gas, 8-29 8- (quar.) Fireproofing General Cylinder National 7-24 8-15 (quar.) common 1 - 8-10 9- $1.22'/a (quar.). 9- 1 1 $1.183A $1.25 (quar.)__ Corp. 25c fH 9- (quar.) 25c 7-24 1 $1.06 preferred $2.40 (quar.)_ 1 CO 8-10 (quar.) 43A% $1.25 (quar.)__ Company Acceptance General 7%, Co. 8- 9- 9-10 preferred 8-10 New A.) $1.13 8-21 20c 4'A % 1 Dock— & Corp., 8-22* 35c National 8-15 9- 8-15 35c (quar.) National Steel & j,_ Dredge 9-15 $1.25 7-24 9-15 25c (Robert) General $1.25 35c (quar.) 57c 7-21 9-30 Corp. Register $3 f 1 $1.50 50c »_ 7-29 10-16 Investment Co.— Common 9- 10c 50c 1 Aluminate $1 7-24 9-15 2 By-Products Cash 8- Bait.— preferred (s-a) Sulphur Co. "(quar.)— Gamewell Stock 7-31 40c 10- National National $3 at _ Connell (George Gair 9 National 1 25c non-cum. - 6 8- 8-10 8-14 25c 4.90% pfd. preferred (quar.) Pitt Bridge Works (quar.i $5 1 9- 8c Freeport 9- 8-24 8-18 25c Fort 75c 50c • 1 9- 8 Fund Foundation & Co 2 8-21 50c (quar.) America Industrial Power Chattanooga Acme 10- J40c (quar.) St. Louis Ry.; 9-15 $1.50 (quar.) (increased) 4% 8-17 Works 9- 32'Ac (increased) Florida 9- 8-31 65c (quar.) A preferred B Massey-Harris (quar.) Electric Diamond 8-15 Inc.— „ — & 1 933'4C iquar.) Works Special & 9- 1 25c non-cum. Light, 4'A7c pfd. (quar.)__ Company, common (quar.) Ice $1.25 20c & preferred 8-15 31'Ac iquar.i Diamond 9- 1 9334C (quar.) Co., 3%7 preferred Crompton & Knowles Loom (quar.i 8 9- Industries— Crane Cork 9r 25c . Steel Copper Range RR. Co., 6% A 4 50c common class (quar.) Co., 'Quarterly 9-15 30c (quar.) 25c Corp ot 8 7-24 8-15 10- 8- (Wil¬ (quar.)__ Co. Co., Co. & (quar.) 25c $1.50 1 Rubber Corp. River Inc. 37'Ac 20c Lines, Locomotive National (The) 4 9- $1.25 iquar. >___ Insurance (quar.) Inc., Furnace Gas (quar Paper Mills Nashville, Ry.— Kalamazoo 10- 10- Street McCormick common 40c & Kaiser 2 Moore (quar.) Co Hose 7-25 8- $30c common.. iquar.) Range Gas 88- 45c Ltd. Y.), Corp. Life Copper & preferred Common $1 America— (quar.i preferred Continental Co., Co. Laundries Can, A Boat Indiana 9- $1.183A ____ Del.) preferred Loblaw iquar.) Co. Amusement Edison mington, 8-15 7 20c (quar.)___ Consolidated Continental 1 Lindsay __ Power American 9- Humble 9- 15c " Consolidated preferred 25c Massachusetts ' _ 9-20 S1.37'A Insurance Consolidated Montreal 9-'5 $1 Continental 8-11 1 Chattanooga— 434% Central 1 8-11 $1.75 (quar.) iquar.i Quarterly 77 1 25c _ Commonwealth Telephone Co.. $5 pfd. (quar.) Connecticut Power Co. (quar.) Derby 9- 25c Coal (quar.) Finance, & 1 30c (irreg.)____ Insulated .Wire Colonial Deere 9- 60c iquar.i of Co. preferred Dallas 2 50c Lines Franklin common preferred Water $2 10- $1.12'A iquar.) Air & — Stamping Baking (Bait.), 9- Hallnor 50c common Company Auto $1.75 7 50c ___ Lumber & Southern Wilmington Copper Co.— Crown 8- 50c ; iquar.) (quar.i— (quar.) Chicago, 5%. 1 $1 Company Co., preferred Copper 9- $1.25 iquar.) M.) Soya $3.75 8-15 8-18 $2* i__, Carpenter Paper Co._____ $5 8-15 1 1 43:Ac iquar,) Colorado 1 9- Ltd.— iquar.i preferred preferred 57 9- 9- Co.— i__ Investment 47 (quar.) Corporation Co.— preferred Julv 50c 1 5 7. Mosinee Water Moore 8 $3.50 (accum. i__ (quar.)___ Co., Ltd., $1.30 pref. (quar.) Malting Co., Ltd. (quar.) Collyer 8- 87'Ac ;__ Co. Insurance Canadian City 8-22 $20c iquar.)______ Foreign 8-11 7-31 87'Ac ___ Cement 5'A 7 8-15 37'Ac (reduced) preferred Power Canadian City 1 $1 Canadian 1 7-25 $1 (quar.) preferred 9- Interurban preferred Ingerso.l-Rand iquar.)_ Extra Chilton 8- Concen¬ (quar.) Pacific Title Chile 7-31 $1.25 & (irreg.) Ltd. California $4.50 8-10 20c Co., Electric Castle 8-10 1 ' Cement, Central 9- 15c (quar.) Hosiery $1.50 9-15 50c (quar.) preferred (quar.)___• Jackson 8% 9-29 $1.50 ! ; laccum.) Mining Co. California Canada i 50c iquar.i Calaveras Canada 7-24 $1 spliti one preferred 2nd 8-31 (quar.) Louis & St. Houdaille-Hershey Corp., preferred 7% 8 1 60c Co Mfg. Mills Common 1 8- 25c Sullivan 3'A7/ Byron 9- 25c Line 10- Class _____ Co Co. 3'A% Butterfly 9-15 $1.06'A preferred & (F.) Burlington 9-30 $1.50 6% pfd. (quar.) Electric— _____ Gas t2ac New 1 60c (quar.)__ com. Co. Burkart 4% Works, (after Falls Pipe Bunker 9- 1 Bearing— 67c Hill 8-15 9-15 75c (quar.I Union Co., 9- 1 35c (quar.)_ common Brown 9- $1.50 Co., (quar.) 1 9-15 12'Ac (quar.) Roller 9- $1.06'A (quar.) iquar.) Company 9-15 20c (quar.) preferred 4 $1.75 Carpet 4 'A 7 8- 5c ___ common Bigelow-Sanford Blackstone 1 30c Corp., Water 9- 8-31 15c Assoc. preferred 9-15 $6c (quar.t 67o 9-15 8-31 56'Ac (quar.)____ preferred preferred Georgia-Pacific Spinning Steel Birmingham 9-29 9-15 $1 Corp preferred Berkshire 8-15 $4.50 is-a»____ RR Corp. (quar.) Co., common (quar.)__ Howell 4% Fitz-Simons 8-10 $1 ___ (quar.)__. Terminal & 1 25c Mines, Ltd Manufacturing Co of 1 Engine— A 8-31 9-15 Carpet Co., common 5% preferred (quar.) 1 25c (quar.)__, 8-31 10- 8-10 9- 933Ac :___ Gold Axelson 8- 9-15 $1 ____ Air Diesel preferred Aunor Bell West Imperial 4'A7 ; iquar.i Atlanta 10- Financial 8-10 1 9- 65c (quar.) t $ 1.7 5 t $ 1.75 7-19 9- 15c (quar.) common Associates Atlas 7-31 8-15 37'Ac ; 8-31 (quar.) (quar.) Firth 8-15 25c pfd. (quar.) com. (quar,)--- preferred (quar.) $3.75 preferred (quar.)_ Aspinook 1 15c $4 Artloom 9- 87'Ac Corp., 6% 10- A B Class 8 ~ preferred t75c preferred 8-10 50c , Co., 1 $ 15c . Power 9- 100% Oil Arkansas-Missouri 8- 1 preferred 7-21 $3.50 (quar.)_ participating preferred— Corp. (quar.) Argo 1 8-30 50c Corp. Telephone Co., cl. A (quar.) Smelting Co. (stock dividend)— Farms 8- 8-10 1 7% Finance 8-24 75c Equipment Bank 1 50c (quar.)__ & 9- 8-10 9- 7% Fa'.staff Brewing Corp. (quar.) Fedders-Quigan Corp. (quar.) Federal Mining &, Smelting Co 1 9- 9- 9- $1 — 9-15 50c (qu.tr.) common (quar.) Corporation, Ltd., 1 Fall 4 9-23 $1.25 Chemical, 10- 3 56'Ac ; Anglo-Canadian $3 88- (s-a) $4 preferred 25c Class (quar.) (quar.) Tobacco Arden 8-24 8-15 9-15 (Pittsburgh) Company Fairbanks Santiary $1.75 Co. American Amsterdam 1 35c 933Ac <quar.)__,_ common Mass.) Monsanto Holdert 1 Fair 8-14* 25c Seating Apex 9- 4 When Payable of Ret. (Springfield, 1 Equitable 1 30c & iquar.) American 9- 4 8- Co. 7-21 ElectroLux 8-31 10c (monthly! common preferred 9-14 9-12 9 8- 8-15 Insurance 9- Electric 7-21 75c 8- 8-15 Life 9- 6% 9-14* iquar.)___ 8-30 10c 25c Monarch Share 1 Electric 5 iquar.i $1.25 Per Name of Company 8-15 8- Electric 5 Co Radiator Corp.. 7% 2 7-28 1 Eastern Co.— preferred Pulley American 10- 9- Eastern 7-31 25 c Inc Leather Power & Light American 8-15 12'Ac of Rec. (quar.) (quar.)_— Brewing 7% 8-18 J , (quar.) common preferred 6% 8-18 (quar.)__ preferred Lines, & Home American York common,, Holdert Payable t25c > 9-15 8-17 1 1 75c 7% convertible American New Co., (quar.) American 6% of Note preferred 1 99- 30c Bank Bank 9- ._ 9 (385) 15c East 9-15 35c (quar.) (quar.) (quar.) Industries, 3%% Dur.iron 7-19 15c (Louis) 6% 7-31 10-20 Co. Company, Duquesne Payable of Rec 75c (quar.) Aircraft preferred Dresser HoLdert 25c common Extra Alloy When Share 47o previ¬ payments Per Douglas Ltd. When Share Company Brothers, Drackett an¬ ously announced, but which have not yet reached theii payment date. Name 4 70c 8-15 8- 3 .'0 <386) The Commercial and Financial Chronicle Per Name St. Share o] Company Fire Paul & Marine Insurance When Holders Per Payable of Rec. Name of Company Aloe Co.— 10-10 40c 37',4c 10-17 7-31 7-25 35c 7c 40c Scott Paper Co., new common iinitialt 50c 84 preferred (quar.i 51 $3.40 preferred (quar.35c Seaboard Surety Co. (quar.)__ 50c 8-23 8- i ——Stockyards (quar.).___ Savage Arras Corp.__ _________ Say re & Fisher Brick Co. (quart Special St. —— Union Paul Oil Seaboard of Co. Delaware (quar.t..__— —-- — Sherwin-Williams Co., 4'v Oil Class Simon redeemable preferred 5'it Sons preferred preferred Corp., American . Carpet, 7-20 8-15 7-31 8-15 7-31 American 9- American A Speed Class A Spencer $3.50 preferred Standard Oil Standard Oil Standard of Suburban Propane preferred G% Talon, Inc. Class A 9- 1 8- 2 20c 8- 1 7-21 Class B (initial 9-25 8-25 Class B (quar.t Class & 8-15 8- 7 1 8 8-18 8-15 9- 1 1 9- 9 8- 1 9-29 9- 1 Teck Hughes Gold American Hide Hoist & 5 American Home American Insurance 9- 7 American International 9-15 Pacific Works Stock Water Products Ry. (New Street Terminal Cold participating Artists Electric 4%% S. S. Steel Universal Corp. of D.) Wesson Oil & Common (S. Whitaker 8-15 S.) Co, of Dental Mfg. preferred 91'/tc 7-31 7-20 Anglo-Iranian 9-15 9- 1 9-15 9- 1 c $1 8-31 8-31 9- 8- 7-19 1 4(4% 1 4.50% 9- 1 8-21 8- 1 9-15 9- Common 1 , 6% 8-24 Arizona 8-15 10- 1 10- 1 8- 4 $5 4 8-10: 1 8 8-25 1-2-51 10- 1 6% 6% 2nd 9- 1 8-15 10- 2 9- 9 8- 4 9-29 9-15 8-25 8-10 $1 8-25 .5% 8-10 40c 4% 4% 2nd Atlantic Coast 8-11 Atlantic Refining, $3 8- 1 7-20 $1 8-21 8- 9- 1 8-15 8- 1 7-24 9-15 8-15 50c 4 & 37(4c (irreg.) 25c common. 37 (4c 31 %c 30c 31%c 8-15 10- $1.20 7-31 Auto 8-31 Class 9-15 Automatic 10- 1 (resumed) 1 8-18 Avco 9- 1 8-18 Avondale 8-15 Common 8-15 $4.50 1 6-26 10- 1 .___ (quar.t 8-19 11- 1 10-20 12- 1 11-20 8-31 8-16 10c — 10c 8-31 (L. 4Vi% Bagley Share ; 25c Sugar Refineries, Ltd.— partic.. preferred (quar.) 7% *$1.25 50c (quar.)IIII common __ I Bond Allied Finance Entire Aug. idend issue 1 at 7-14 1 7-14 9- 1 7-31 8- 1 7-20; 50c $1.12(4 10- 1 9-30 9-15 9-15 99- 1 1 S3 Co., Co., 5% called $20 I preferred per conv. for share plus 12-20 8-17 7-25 preferred- redemption 1 1-1-51 14c this $2.50 $1.08% " Class & B 1 1 7-28 8-1 Co., Canadian 6-30 Canadian Oil 7- 6 Canadian Pacific 7- 6 7- 4% Canadian Canadian 5 Canadian 8- 1 7- 5 Class 8- 1 7-20 $1 8- 1 7-20 t$1.371/2 8- 1 7-14 Carpenter 10c 8- 1 7-20 Carpenter Steel 1 8-15 4% preferred 7-14 Case 20c 7-15 7-31 7-31 1947 (quar.)___ $1.121/2 7-31 7-20 7-31 7-21 7-31 7- 9- 1 8-11 10-1 9-12 common (quar.) 15c $1.05 Paper, Celotex Celtic 8%c Ltd.— ■ $50c 9- 1 Electric 4 Central Central 45c 8-1 7-15 8-15 8-10 "8- 1 7-20 8- 1 7-24 Central Louisiana 9- Central Ohio 1 8-31 *$1.75 10- 30c 2 8-15 8-31 8- Hudson 3.60% Central 1 4% 15c 9- 1 8- 9 Central 15c 12- 1 11- 9 Chain 2- 9 £ Works Watch - (quar.) 15c _________ Co (J.) National Bank Sons, B Electric 7-14 8- 7-14 Ltd.; 40c class 1 A *25c (quar.) L 1 7-17 7-31 7-21 8- 8-15 7-31 *5c common Co ! ' 8-15 7-31 25c 10-2 - Chase National 8-15 7-25 15c 8- 7-17 1 9- 8-25 7-31 1 8-15 10-14 9-29 10- 1 9-12 10- 1 9-12 8-31 8-21 8-31 8-21 8-10 7-20 8-10 7-20 7-31 7- 7 25c 7-31 7- 7 7-31 7-18 20c 9- 1 8- 7 27 (4 c 9- 1 8- 7 62 (4 c 9- 1 8- 7 59c 9- 1 8- 7 50c 9-15 9- 1 15c 7-31 7-17 9- 8-15 ; Gas •- Co. (quar.)__ 5% pfd. (quar.)„ $1.25 com. (monthly) 25c & Co. 7-31 1- 1 25c 8-31 8- 1 9-30 9- 1 15c Electric 8- 7-10 Corp.— (quar.)^ 45c 8-15 8- 9- 1 8-15 8- (Texas)$1 (N. 7-31 8-15 7-31 5c 1 8- 1 7-15 75c 8- 1 7-20 40c • (quar.)_„ (quar.) 8- 56 V4c Trust Y.) 7-15 8-31 17c Corp., common preferred (quar.) 1 22 (4 c (quar.) Service- Estate 1 Co.— Corp. Public 1 90c Power Light Co. Bank 1 25c 1 ; 8- 1 7-15 7- 7* Corp.— (series of 1946) preferred (series of 1947) Chesapeake Corp. of Virginia Chesapeake & Ohio Ry., 3(4% Chicago Corp. (quar.) Cotton Corp. 9-11 ^8-18 8-25 25c preferred Chickasha 9-11 $1.05 4% Chrysler 10-20. Power— & West Real Cherry-Burrell 7-10 1 50c (quar.)- convertible Store 1 *20c Investment 9-25 50c » (quar) Chain 9-ia 8- 11- tl2V4c (quar.) (quar.)^ Vermont 4(4% .10-15 75c 4% $1.50 Securities Co., Company 7-19 7-31 8- (Brooklyn, Stores, (quar.) & 7-31 15c (s-a)—t. Shoe Bertram 1 7-14 8c * 3-1-51 50c $3 (quai\); 7-27 150c Electric & South Store 8-10 $1 quar.) Light & Power 8-15 7-27 25c Ltd Gas preferred & 7-28 1 50c (quar.) ^ preferred Central 9- $1 quar.)— Increased 8-15 10-2 8-15 8-10 50c (quar.) (monthly)* 75c 25c 6-30 *$1 50c Co., 1 t$1.50 7-14 1 8- (quar.)_- & 8- $1.18% *25c (quar.)_Storage Co.^ $1.50 (quar.) *$1.25 ; Hollywood Building, (monthly) Central 8-25 (quar.)_- . Foundry Common (quar.)___ 2% Common 7-20 8-31 $1.75 Light Cold $1.50 (quar.) Inc.— *25c preferred (quar.) Central 8- 7-14' (quar.) Co.. 9-15* u - 8-31 1 Ltd. common preferred Central 1 2 8- (s-a)__ preferred 8- 2 10- (quar.t (initial $2.36 8-16 1 Ltd.— (initial B 2* $1 10- A $2.50 7-18 1 8- 11-15 10- common- preferred preferred 7-31 8- *6c 10% Arizona $1.10 8-22 8-31 *25c (quar.)__- ; Tractor, Common of $1.12(4 8-22 12-15 (quar.) Knitting Central • Co. 7-10 *70c Corp., common (quar.) preferred (quar.) 5% 7 1 *$1.12(4 Ltd. common common Co., class 4.20% 7-10" 8- (irreg.) com. common 4% Products, class Caterpillar ... Iron I.) Food New 7-20 1 *20c preferred (quar.) New 7-14 $ 1.12*/2 (quar.) & 1 8- (quar.) (quar.) : (J. 7% 6-28 1 2 *31c ^ dividend Catelli 8-15 8- 10- Co.— Co., Extra ... Berland Birtman 9- 10c Apartments, Benson'nurst & Corp., (quar.)__. common-(extra) preferred Y.) Carrier 15c Corp., common preferred (s-a) Benrus 9-15 9-15 25c common (quar.) preferred (quar.) Belding Heminway Co. (quar.) Belknap Hardware & Manufacturing Belmont 2 2 7-15 1 Ltd.— Light, Co., 8- 8-1* 7-31 7-31 9- *50c • common Fund, Ltd. & 10- 1 8-15 8-15 tlOc Power 10- 1 1 *$1 30c 8-1 7 9-15 ($1.50 Quarterly 'Stock 7- 9- *$1.25 Canadian Western Lumber Co., 7-20 7-31 9-30 9-20 UOc Utilities, Ltd., 5% pfd. (quar.)__ Vickers, Ltd.. new com. < initial t_ Wallpaper Mfg., Ltd., class A_,_ tl5c 8- 8-31 8-31 *$1.12 (4 (quar.)_ — Ry. Paper 1 1 pfd. B Carolina $1.13 9-15 9-15 20C + (quar.) preference 6 1 8- 7-15 7-15 25c i <quar.)__ Cos., non-cum. 7- 9- 1 1 *25c Investment 8-15 56V4C 7-15 8- 8- 50c ; (s-a>_ Products, 1 pfd. of 7-15 1 Insurance common (quar.) 1 (quar. Quarterly Quarterly Quarterly A 8-1 8- Co. Ltd. Foundry, preference 8- 7% $6 9- Food class 8- (quar.)________ 1 8- 35c (quar.) 37'/2C preferred (quar.). $3 prior preferred (quar.) Beck (A. S.) Shoe Corp., common , $1 8c Inc. 8- c 30c Dredge & Dock, Ltd., 9-12 1st 4%% A JlOc 4(4% 7-15 25c 31 (4 (quar.)_^ & 93%c Mortgage Guaranty Power A Bessemer 8- $1 Car $1 Baystate Corp. (increased). Beacon Mfg. Co., 6% pfd, Best 17c Canadian $1 : 1 — 4'/2% Ltd., preferred $1 Corp preferred Class on div¬ 5% 4(4% (reduced) Mfg. Bronze, Canadian series Building Bathurst N. Semi-annual Control 8-21 1 Canadian 7-15 Beneficial Allegheny & Western Ry. Co. Allied 9-15 88- 25c (quar.) (quar.t 9-11 10- 7-15 Locomotive Works, preferred (s-a) ^ America 7-27 2 15c 42.50 Steel, 8-15 10- t 15c (s-a) preferred Payable of Rec. Ry, 1 (quar.). 8- (quar.)— Breweries, 1 Baltimore Porcelain Steel Corp.— '7% conv. preferred (quar.)^___ 8-16 Holders Southern 8- pfd. 7-31 50c * 15c Canada 8- conv. 7-31 8-15 $2.50 8-20 1 25c ^ 7-31 8-15 33c 12 (4c Ltd., 22V2c Co., preferred Bankers Foils, A Class (quar.)_ 8-15 33'/aC quar.)_ Stone, Ltd. Ltd., common Safeway, Canadian America 7-31 (s-a) Class 8-11 of 8-15 (s-a) Canada 8-11 A___ 7-14 7-31 (quar.) com. (initial) 1 1 Belding-Cortidelli, Ltd., *25c Shoe preferred S.) Beaux-Arts When 10- 7-15 1 62 (4 c (quar. States Life 7-31 9- 1 Baldwin 9-20 25c 1 1 9-15 9- (quar.) 1 8- 8-15 75c Crushed 9- (quar.), class 8- 62 (4 c preferred preferred $1.75 Ltd., 7-15 *20c — Common $1.50 (quar.)__- 6-30 1 Canada 99- 9-23 (quar-.) Fuhd 2 7-31 7y2C preference 7-15 1 (quar.) (quar.)__ (quar.).^ common * preferred & 9- Canada 8c Axe-Hough ton 10- 5% 12-18 8-11 Co., 7-18 1 Refrigerating & Warehouse— 1 common Ayres 10-10 12-18 $1.25 — 8 25c _ Stores, Ltd._ Air-Way Electric Appliance Corp — Increased quarterly Akron Canton & Youngstown RR.— 6% Mills, 8 - new 9-30 30c (quar.) 3 8- 27 (4 c Special Camden 9- Manufacturing, $2,25 9- 25c Co., 7-12 40c Co. 9- 25c 5% preferred, (quar.) Adams-Millis Corp. $4.50 Canteen 9- 9- 7-12 12-23 tl5c A 88- * 12-23 t$1.12V2 preferred 7-14 (quar.) conv. (quar.) —— 9-28 Acadia-Atlantic „ preferred $1.40 12-15 prior 9-28 25c _ (monthly) Name of Company Ailegheny-Ludlum $1.20 7-20 1-2-51 Products 50c • Per Surpass 7-20 1 7Vac B 8-31 $6 Agnew 1 (quar.) (qi.ar.K 7-14 1 $1 (quar.)— Telephone, 8- $1.50 convertible Fabrics 9-18 & 8- $1 Proprietary, Ltd.— '5(4% pre-f. (quar.),' Austin, Nichols & Co.,- common (initial) 1 Water (initial (quar.) RR 1 8- *38c (quar.)___ preferred 7-21 4*. 8- (quar.) preferred 1 1 *20c common E $1.25 1 7 12- D $1.00 Wiborg 9-15 12-18 (quar.) 3 1 preferred B (quar.) Atlas Plywood Corp. (quar.) Atlas Powder Co., 4% pfd. (quar.) Ault 25c preferred C 8- 8- 7 8-11 25c preferred $3 4% 10- 9 $1.75 convertible 9-15 Line 10-28 8- 5.28% 7-25 8- 3.75% . 10- Water Service Co.— 1 8- 7-12 10-28 8-15 preferred 1 preferred 8- 8-11 7-24 1 31c convertible 1 50c (quar.)__ 1 8- *40c (quar.) 12 (4c (quar.) 8- Corp.— Ltd., preferred California-Western com, 7-24 common Timber & Miils, preferred 9- $1.12(4 Corp., 1 $1 ; 9- $1.12 (4 common 8-15; 8- 9- 4.40% 7-10 1 common 62V2C (quar.)_4 preferred (s-a) Electric 4.35% pfd. City preierred 1 $1 1 8- 1 9- 20c (quar.) partic. California (quar.)__ 25c Inc. 1-20 9- (accum.) $1.25 pfd. 25c preference $1.25 Equipment, 10-21 8-21 c (quar.) Co. Electric Power, $3 pfd. Packing Corp., common preferred (quar.)_— California (quar.) 1 we Gas 1 common preferred 8-16 4 2nd 5% 8-21 (quar.)——_ California Ltd.— Goods 9- prepeding table, Affiliated 11- 1-31-51 *56(40 non-cum. Atlantic Machine Canadian 9- give the dividends announced In previous weeks and not yet paid. The list does not include divi¬ dends announced this week, these being given in th« A 7- 7-21 1 50c 5.30% (quar.)__— 40c $1.25 F, Inc 7-13 1 1 9- $1.50 Company, Land 1st $1 preferred Common 7-31 50c 1 Class 1 8- $1.50 Telephone Ltd., 4»/2% pfd. (quar.) preferred (1947 series) (quar.) 5% M.) Linen $1.50 Atchinson, Topeka & Santa Fe Ry.— 4(4% A T 9- 8- 8-13" 7-14" i — Calaveras Caldwell 7-20 10c Associated 9-15 65c Bates * 7-20 7-20 1 a25% Co., Dry 1st 7% 75c 8-19 conv. Associated 9-15 62(4c Extra Below 1 1 80c 1 ac preferred Adding preferred 8- 6 1 *40c A. 8- 6-30 89- 7-31 Ltd.— Copper & Zinc Co., 8- preferred (quar.) preferred (quar.) conv. 12-15 .____ $1.75 Edison preferred 6% 8-10 9- com.— (quar.) Co Co. 7-14 Artkraft Mfg., 8-10 10- $1 (quar.)- Worsted 8-25 1 $1.25 (quar.) (quar.) Argus Corp., Ltd., 4Vu% conv. red. 8- 50c (quar.) Common (monthly) Common (monthly) 9-15 7% 7-10 28'/a (quar.) 4% Biscuit Corp., i 1 12 (4 c (quar.)_ B Burry (s-a) 9-11 40c (quar.)_ Class Butte 8-18 8- 90c A 7-31 (quar.) preferred 8-15 $1.75 ■_ Class Burroughs 8- 1 common Company, 9 15 $1.50 Company (quar.) Cotton Mills, common Arcaae 8-25 50c Inc., & 8-31 s— preferred preferred preferred 6% Burns 9- 38c (quar.) $1.75 5% 8-21 9-11 $3.50 com. 9 15 25c Trap Co. of Ameriea, com. preferred (quar.)— Appalachian Electric Power Co.— 8-10 1 Co., 7-20 $1.25 *2C Castings(increased quar.) Common 75c Animal 8-10 9- $1.25 50c Co. 9-15 $1.50 Ordinary (final) Anheuser-Bush, Inc. 40c 12V2C Oil 7-20 25c Incubator, 75c (quar.) 1 8-10 Ltd Mines, California 8-11. _ (William), Jr., Co., (monthly) Wyandotte 6% 7-20- 8- Steel $1.25 5 i_ Common 7-14 Zinc, Lead & Smelting Co., com $1 Industries, Inc., common (quar.)— 5% preferred (quar.) Woodward & Lothrop, common (quar.) Wrigley 7-14 1 Anchor Post 8-16 1 (initial) common Buckeye 1 com (quar.)^__ Products, Inc.— preferred (quar.) ^ 7-17 8- — Co Co., Buckeye 1 8- Inc Cc.— preferred preferred 8-21 8- 8- ^quar.) 9- Woodall Worumbo 1 37(4c . 7-15 1 Company $3.60 preierred (quar.t Mfg. Bullock's 6% preferred (quar.)— Anglo-Canadian Telephone Co.— 4(4% preferred (quar.)_ 22 (4c - common 9- common 8-11 (increased) Newspaper Machinery Corp., conv. preferred (quar.t Spice Bottle Corp., 25c _____ Mfg. Brunner 37(4c ' Co., 7-20 30c (quar.) $1.12 Co. 1 Rubber Shoe Byers 8-11 Alabama Brake 8- $1 1 (increased) (s-a) Brown 60c 5 — com. Brown 7-20 8-15 Gas Porcupine 7-17 1 $1 9- 2 Union convertible 4 Corp.— 9- (quar,) 1 8- common $5 prior preferred 7-21 9-1 JT5C Oil America Steel preferred preferred American 2 1 9-15 8- Snowdrift Co.— preferred Woolson 8- 5% 1 8- (quar.)___ B 4(4% 10- Paper Co (Alan) Steel Viscose __ 7-14* 9- Class Broulan a... 8- BrocKway Motor Co Brooklyn Telegraph & Messenger Co, Quarterly 30c Superpower Corp.— preference (accum.) Thermos ____ 1 2 10c 10c (quar.) Railway Westinghouse Air $6 American 12 (4 — 810- American Co.— (quar.) Company, Western 5% American 1 1 $1.75 (year-end) preferred (quar.) conv. 5% 1 8- 8-15 $2 _____— Wellington Mills, Inc. Wood 9- 8-15 9-15 American (quar.) 6* Ltd. (quar.) Foundries 7-31 6-30 (quar.)_ 8- Co., 1 1 Telephone Cc.— Common for each _ 98- (s-a) Ltd. (quar.) Broadway Department Stores, 1 10c (quar.) Products, (accum.) Columbia preferred Brooklyn preferred 75c (quar.) Ltd preferred 1st 9- $1 A Consolidated (S. $4.50 5% 8-23 8-11 ' 9- 45c N. (quar.) 8-15 , 7 7» preferred $1.25 Smelting & Refining 8-15 (quar.t common (monthly)__ $1.75 !___ series 1 8-31 *5c — common — Warren Wood 9-10 preferred 1 Corp., Extra Vanadium White American 75c (s-a) Corp., preferred United $4 8-17 50c (quar.i— preference Steel 7% 1 1 — S. 9- 1 (quar.)—- Foundry 9- 9-14 7- _ 9- - 6% Appleton Playing Card Co Printing & Lithographing Co., -5% U. (quar.) 10-14' 15c British 7 9-10 __ 7-15 1 50c 7% 7 7- 7-31 Chemical 8-1,1 9- common (N. J.), common preferred & 1 15c 7 7- 1 75c (quar'.)____— B 9- (quar.)—. preferred Potash A Class 1 8- *$1.50 7- 1 9- Inc Class 10-14 11- 11- *$1.75 8-30 9- 50c Ca., 7-15 1 Pulp & Paper, Ltd.— 37'/2c 50c - — Cos. & Co., Lines Co. Gas 8- 8- *25c Forest 75c preferred 3 7. (4 c (s-at (quar.)__. preferred U. Natural Fund, 1 8-15 *15c (irreg.) Columbia 25c common 8-10 35c Circuit, 2 Vancouver, Ltd.— Columbia 5% 9-11 25c — Common of Britisn $1.12 V2 American 7% Distillers & British (quar.)_ Corp. Company, 1 Storage Co.— Coal preferred Metal 9- 6% Bedford, Mass.) 8-25 *25c 5 Corp— Co., Mutual 10c 1_ 7-31 9- *10c ; 5 Co. 25c —- 8-25 *10c quar.) 50c preferred 21c (quar.i _1—,—„ 7-10 8- 18c (quar.) 8- Co.. (Newark 40c (quar.t S, Finishing U. 4(4% American $4 — preferred Engineering Common S. American 1 6% Co. 50c (quar.t—- 1 70c *25c 25c (quar.)____. 8- American —- iquar.i United 7% 8-16 8-15 (quar.t Theatre preferred United , 8-16 1 9-11 (quar.t-- Co.—, Co. Union U. 1 9- 8-15 9-15 Inc. (quar.t—_ pfd. 7-20 68 %c 8- _ preferred 87'/2c (quar.t- Oil Coal Union . 9- 5% 8-15 (quar.t 3.65% Associated Truax-Traer $4 8-16 9-15 ——i— Brothers, Treesweet U. 1 9-15 —— 7-20 1 (quar.) 62 (4c (quar.)__: Adams Express Co. held. American-Marietta 30c Products, Inc., common.-— preferred (quar.t— Thrifty Drug Stores Co., Inc. (quar.t 7% 9- of shares 25 4 7-21 dividend— share $1.12(4 — 4% 4% 9- 35c Thompson 5% 8-15 Corp.—•. Oil & — United 1 9-15 $1.15 (quar.t— (quar.) Coal Extra Thalhimer Tide 9- 1 (year-endt Derrick 5 20c 8- nrelerred $2.75 8-15 (quar.) Leather 8- 30c Ltd 7-14 1 50c 8-15 (quar.) Products & 8- 8-15 Inc., A Brewers (irreg.)__ common Steamship 8- $1.37(4 . Mines, 1 8- f ' 5c preferred 8-31 6 Y. N. 62 (4c preferred 50c Water preferred 7% • Texas Corp., preferred convertible 8-31 — Terre Haute General convertible $3 of (quar.) American-Hawaiian One : 8- 15c 5c $2.50 4 9- Co. ^ convertible .$2 $1 __ Assurance Furniture American 8-11 9-29 Equitable Semi-annual 8-11 9- American 3 Light— ^ 25c Co. (quar.)___ Extra 9- pfd. (irreg.) Enka Corp American 9- Fenn, common (quar.20c, preferred (quar.)——— 27c 4.32% B American 8-15 9-14 (quar.t Electric Tampa Taylor 8-18 Roofing Co., Ltd.— 8-16 —— 1 (initial quar.)_____ —$1 (quar.t-- 9- —:— Class & 75c Syracuse Transit Corp.— 15c ; Brantford 5% Power 30(4c iquar.j 7-20 fquar.) Bourjois 30c — 9 1 25c (quar.) Trust 7-20' Corp., 25%c 2nd preferred (quar.) Inc. Estate 8- (quae.) Co. Gas 4% Co. Fund, Real Cities 9-15 — - Sterling Aluminum Products, Boston American ____ Swan-Finch Oil, Boston 7-21 2 (quar.t—— com. 8-15 1 8- Bosch American (quar.t Co., 1 8- 1 31 %c (quar.t Spring Edison 9- 8-25 12- 8- Corp., 9- Railway Equipment Mfg. Co.— Steel Boston 50c $1.25 __ 9-JO 12-15 *62 (4 c common—_ 8-15 20c (Indiana) (St. quar.) 7-12 8-10 (quar.) 8-15 Co.— California Co. Co. ^ 1 8- Brass Corp., 8-21 — — Quarterly Standard Insurance & Fisheries preferred 4% 8-31 (quar.i common Aluminum Booth 4c common Inc., 8-16 75c 8c (quar.i---. Brands, 7-17 1 $1.25 quar.t- Chemical Co., common (quar.t——. (quar.t———————Inc., $4.50 preferred (quar.t--.—- Standard Bonn 7-31 9- Shares Preferred Spiegel, Blumenthai (quar.) _.. (quar.t 9-15 87(4c (quar.) (increased 20c Corp., 1 Co. Company Queen (quar. Corp., Ltd. 5% pfd. (quar.)__— (Sidney) & Co. <quar.)„_: Business $1.05 Service 75c 10- 1 8- 8- 8-15 $l.o0 (quar.)— preierred Can Southern Railway Co., commonAssociated Teiepr.one— Electric 75c (quar.) _ Co. preierred 6% American Southwestern preferred (quar.) — $1.50 6% Blue Ribbon 8-15 25c (quar.) com. American — Southwestern 2 Co., Holders Payable of Pec. 25c (quar.) Tobacco American preferred (quar.t preference-—--- Southern 8-11 25c (quar.) common Company Brothers 8-25 1 30c 30c '87(4c . Edison Book 8- 5 (Phila.), (E. W.) 8-25 conv. $5.50 (quar.) 1 9- Inc.— Automobile Louis) 9- " convertible preferred 9-15 common...- (increased Inc. Corp. Airlines, Bliss *75c quar.t Cos.— preferred Petroleum 2V2% 25c common— California 4.38% Amerada 7 8- t$1.12'<4 iquar.l preferred conv. Southern 4.08% 10-18® 10-18® Blauner's 8-15 8-15 i quar.t Oil, Socony-Vacuum fjonotone $1.25 1 1 9-15 —- — iAlexanderi (4'« 11- *$1 (quar.t Castings—j._ Inc. 4.20% convertible t$l Steel Smith 3 (quar.t preferred 4y2'r Sivyer 6% 7-20 9 *25c (increased Leather 1 9- Bloch (quar.) Ltd. 8- 40c Share of Company 9-10 B Skiisaw, preferred Amalgamated 11- 8-14 25c . Ltd.— When Per Name 9-10 class A Simpson's, Ltd., Class 8-31° (quar t Canada, Monday, July 31, 1950 . Holders 51 25c 25c *30c —~ class A (quar.) i — Ltd., common (quar.t- Co., (quar.t(H.t & Sons, 4% of When Payable of Rec. *$1.25 (quar,)___ Gas & B 9-12 Company Co. Aluminium, 1 9- 7-2(3 SI _______—___. preferred Signal .8-15. 50c (quar.t common Extra Aluminum ; Share Portland Cement Co.__: Alpha 9 9-15 S.) 62(ac (extrai Co. Shakespeare 1 9- (A. . . Oil (quar.)__ ; pfd. Si SI 50c 7-31 7-20 . ~ 7-2C (quar.)_ 8-15 8- 5 87 (4c 8- 1 7- 7 15c .- (quar.)__ 8- 1 7-10 25c on page 10-15 $1.75 (increased (Continued 7-31 9-12 43) 9- 6 8-14 Number 4929 Volume 172 . The Commercial and Financial Chronicle . . (387) Stock Record «» New York Stock Exchange DAILY RANGE OF PRICES WEEKLY VOLUME» TRADING YEARLY RANGE OF SALE PRICES FOR EVERT LISTED ISSUE STOCKS Range for Previous Range Since Jan. 1 Year 1949 Lowest t per share 37 Jun Lowest Highest S per I per share 61 share 54% Jan 4% Apr 4% 43/8 22% 22 3A 22% 223/4 4,000 July 12 Adams 20% 20'A 20'A 203/4 ♦193/4 20% 20 20% 20% 21 4,400 37 July 14 42% Feb Adams-Millis 38 38 38 *37% 38% *31% 38% 38% 38% July 14 52 41% 41% Sep 27% Mar 47 Deo 39 % 14% Not 19% Deo 17% Jan Jun 11% Deo May 61 % Deo Apr 7% July 26 51 Jan 110% Jan 3% Jan Sep 67% Jan 4 72% May 11 2% Jun 27 4% Jan 11 3 85% Feb 2 83% Jan 4 July 64% Jan 86% Dec 76 Jun 17% Jun 27% Jan 21% Jan 3 Jan 5 Jun 165 3 Deo 58 6 Alabama 4 Dec Sep 1 73 82% July Feb 20 Feb 83 Air Reduction Inc 15% Mar 29 104 93% 94 Mar 27 Feb 89% Mar 34% May 17 110% Apr 96 2 3 May 19 24 May 16 11% May 27 256% Jun 12 Jan 8% Jan Jun 210 Dec 200% Jan 15% Jun 19 Dec 19 Jan 3 24% Jun 30% Oct 27 Jun 28 30% Jun 1 25% Feb 35% Dec 32% Jan 13 38% Jun 23 83 % Jan 97% Not 93 Feb 16 97 25% Feb 33% 27 76 Jun 26% Jan 8% 13 Deo 28% Jun 88 Oct Deo 30 2% Jun Apr T% 43 July 3 not Feb 34% Jan Jan Sep 10% July 40 6% 61 Jan 70 Deo 66 20 26 135% July 28 2 7 16 14 % 21 Deo 30% Mar 36 Jan 30% July 96% July 104 Jan Apr 35% July 28 5 101% Feb 8 Jun 13 Jan 7% Jan 13 14% Apr 21 4% Deo 3% Jan 3 8 % Apr Jan 106% Sep July 26 21 120% May 24 July 90 % Dec 187% 105 190 79 Jan 18 — . 8% 8 3/4 8% 85/8 7% 3% 83/8 52% 51% 51% 513A 513/4 r'% 23% 2 3'/a 233/8 23% 24% 24 120 *119 123 118 119 *118 8% 83/4 52% 340 233/4 24% 26,900 2% 23/a 2% 2% 2% 17% 17% 17% 17% 70 ♦68% 70% *70 70 ♦72 3% 33/8 33/8 33/8 3% 66% 67% 67% 68% *72 76 32% *106 *87 78 106% *87 93 *72 33% 106% 9 8 3/e 9 222 218 78 32% 109 32% 89% 8% *72 33 *106 33'A 107 33/8 69 217% 219 *87 83/4 215 33 1073/4 93 *87 83/4 8% 218 216 120 30 2% 18% 70% *118 23/« 17% 70% 15,700 800 *513/4 2% 67% 44,700 3/, 18% 33/8 41 24% 8% 2 3/8 66 200 41 24% 120 17% 70 7,600 233A 74 - 2% 5,700 3% 18 18% ♦68% . 70% 70 3% 51,000 69% 2,600 3% 69 70% 78 *72 34% ♦108 93 9% 9% 220 15,500 112 *87 93 2,300 78 333/8 333/4 1073/4 200 93/8 2,300 220 218 193/4 20% 20% 203A 21% 213/4 22 21% 273/4 28% 27% 277/a *27% 28 27% 28 Allied Stores Corp common__No par 34% 35% 34% 35% 34% 36% 363/8 38% 38 3,200 21% 273/a 3 8 3/s 4% preferred *96 100 *96 97 97 *96 31% 32% 32 32% 843A 843/4 85% 85% 700 30% 31% 31 31 Vs 2,900 65% 63% 633/4 63 633/g 11,800 4% 3,000 85 85 313/8 31 31% 30 No par 60% 62 62 63% 63 3A 1 50 ♦353/8 Mfg common.No par Limited Aluminium Amalgamated Leather Co com 6* convertible preferred 129% Agricultural Chemical—No par Petroleum Corp American Bank Note 4% 38 129 4 *353/8 130 4 4% *35% 38 130 % 38 135% 132 2,500 41% 41% 41 41% 40% 40% 403A 41 41 41 1,100 103A 113/8 11% 113/4 11% 113/4 11% 12 11% 12 107,600 70% 71 70% 70% 70% 71 71% 73 72 72% 2,200 10 14% 15% 15 15 VW 15 15 50 2 64% 64% *64 65 64 64 *64 65 90 12% 13% 12% 13% 123/4 13 13 13% 123/4 13 12,900 com—No par 333A 34'/, 33 34 32% 34 33% 34% 34% 35% 104% 104% common 15% 15% 15% 65 *64 15% 3,000 6,000 100 convertible preferred American Broadcasting Co Inc American Cable 6s Radio Corp •103 % 103% 103% 103% 103% l 8 3/8 9% 8 3/g 8% 8 3/s 9% 9 9% 9% 9% 16,300 _1 5% 5 % 47/s 5 5 5% 5% 5% 5% 5% 14,400 10,000 105 90% 90% 92% 93% 183 182 % 181% 181% 240 287/B 30 29 29% 29% 30% 69 69% 69 % 70% 69 69% 21,500 6,900 30% 28% 30% 66 % 70% 69 70 % 23 23 90% 300 181% 94% 183 % 29 Vs 184 105 92 92% 182 % common preferred *104 184 25 100 American Car 6s Pdry com—No par 7% 4 38 128 % 7,900 100 preferred American Bosch Corp Amer Brake Shoe Co American Can Co 37/s ♦353/8 127 31% l preferred cum conv 1 *353/8 128 % 129 3/8 3%* 4% 4 4% 38 No par Amerada 6S 4 800 97 *96 30% 31% 85% 313/8 conv 97 85% 30% *84% 3%% *9y< 303A 31% 100 No par Allis-Chalmers 97 1,200 20,100 *843A 31'A preferred Alpha Portland Cement 6 26% Jan 24 193/4 75% Jan 67% Jun 42 21% 27% 30 2 42 22% 5 Mills Jun 27 43% 21% , No par Allied American Airlines common Mar < 10 No par Allied Kid Co Amer 12 172% Mar Allied Chemical 6c Dye 8 14% July 13 - *51% ♦119 100 1 6 10 % Jun 10% Allen Industries Inc Apr x63 23 22% CLOSED 4%% preferred w w 100 Allegheny Corp common 1 •%% preferred A 100 S2.50 prior conv preferred-No par Allegheny Ludlum Steel Corp.No par 64.60 conv preferred No par Allegheny & West Ry 6% gtd—100 45% Mar Oct EXCHANGE *42% 43% 22% 5 common 12 Deo 81 11 Jan Inc 27 69 Jun 4% Jan 40 6c Vlcksburg Ry Alaska Juneau Gold Mining— Aldens STOCK No par 27 27 Jun 11 Corp Jun Jun 2% 19 Admiral 9% Jun 46 61% July x7% Jun 5% Apr 65% July 26 5 100% Mar 120% Oct 89% 3 38% Jan 37% July 14 Jan May 91 July 13 53% May 31 37 July 27 35% May 29 81% July 12 37% 22 43% Addressograph-Multlgraph 9 121 ♦373/8 No par 9 Dec Feb Corp Corp—10 .1 Affiliated Gas Equipment com _1 $3 preferred w w 50 17 13% Mar 15 5 2% Express Co. 55% Mar 2% July 13 4% Not 4 25 % Jan ' 5 20% July 13 23% May 110% Dec 14 May 31 39% Apr 3 40% 88 12,900 4% 4 4% 44% 64 Shares 41 223/4 Jan 18% 40% 41% 4% 18 Feb 41 22% Dec Jun 413/4 43/8 23 2% share share 223/4 Jun 13% 41% Sales for the Week S per 4% Xl7y« 97% Mar 42% share 22% 3 Jan ACP-Brlll Motors Co. share 41% 44 Friday July 21 i 4% 1 19% Jan 18% 22 41% t per July 28 Thursday Wednesday July 26 July 25 $ per 223A 2% Feb 21% May 5% Abbott Laboratories Tuesday July 24 22% Dec Oct 46 21 Monday t per share Acme Steel Co._ Jun 35 July 22 t per share 23% May 17 23% Jun 13 1% 17y» 3% Saturday EXCHANGE Sper share 40% July 28 Dec STOCK NEW YORK Highest 913/4 90% * OO 21% Jun 33% Jan 22 Jun 5 27 60 Jun 82 Jan 55% Jun 26 25% Dec 21 % July 13 American Chain 6c Cable No par *22% 223/4 223A 223/4 23% 23% 23% 23% 47% Sep 42 % July 27 51 Mar 22 American No par ♦43% 44% 43% 43% 43 43% 42 % 42% 42 43 Deo 15% July 17 23 Feb 23 American 10 10 100 10 16% 16 % 16 16 16% 16 % 16'A 16% 16 16% 19% July Feb 39% 15% Feb 14 Jun 19 V* 19% 178 17% Jun Oct 87 35% Feb 61% Deo 18 Feb 18 26% Jan 12 20% July 11 30 88 8 81% May Mar 71% July 30% Feb July 10 7% preferred 100 Chicle Co Colortype Co American Crystal Sugar com 4Vs% prior preferred 23 American 16 178% Jun 19 3%* conv 113% Jun 23 3%% conv pfd series B 13 46% Jun 13 13 115% Jan Deo 32% Jan 36% Mar r 8 per Sper share S per share 5% July 13 6% Oct Feb 19% Dec 18% July 17 21% Jun 13% Jan 21% Not 17 27 24% Feb 1% Jun 3% Dec . Jun 2% July 13 4 4% Mar 23 Jan 19% Dec 12% July 12 85% Apr 4 25% Mar 22 37 Jun 61% Dec 54 76% Apr 45% Oct 61% 44% July 12 43% July 26 Jun 34 3% Jun 69% Deo 43% Dec Oct 64 % Jan Jan 3 3 6% Oct 4% Jan 3 Nov 46% Jun 30 46 Jun 48 24% Jan 32% Dec 28% July 27 5% Jan 9% Sep 7% July 28 73 Feb 11% Feb 1 6% July 11 Jan 30 34% Apr 9% Apr 11 13 48 3 18% Feb 15 73 Jun Jan 81% July 3 91% Feb 27 11% Jun 17 % May 12 15% Dec Sep 12% July 12 Jan 4 5% Jan 3 78 86% July 17 8% July 28 Jun 7% Mar 29 Mar 22 104 July 13 26 106% May 17 July 13 33% Mar 16 22% Jun 33% Dec Jan 105% Not 5% Jan 7 6% Jun Oct 35% Jun 8% 26 July 13 28% Not 33% Dec 24 32 Feb 36% Aug 32% July 19 36% Jan 17% July 12 22% May 23 8% Mar 14% 178 8% Jan 175% July 18 5% July 13 Nov 23% Jan 49 37 Jun 43% Deo 39% Jun 66% Feb 142 34% Jan 164 42% 11% July 26 Sep Dec Jan Dec Dec 33% July 26 Jun 5 Jan 13 28 Jan 22% Mar 24 31% Deo 29 % May 12% Jan Feb 45 9 Dec 128% Not 34% Feb 12% Jan 38% Jan 25 Jun 27 128 16 July 20% Not 18% Jun 30 138 Jun 150% Jan 146% Jan 3 Jan 76% Dec Jan 163% Dec 60% 49% May *117% Apr 74 Dec 121 Aug 62% July 26 146% Jun 117% Jan 25 76% Jan 158 9 Mar 30 88% Jun 22 121% Mar 28 79 Sep 69% Jun 80 Jan 63 7% 5% Feb Dec Mar 14 8 48% Jun 65 Dec 61 25 % Jun 35% Jan 27% Mar 10 35% Jan 27% Apr 5 75% July 11 11% July 24 108 48% Jun 65% 15% Jun 28% Deo 106 Jan x51 July 12 Jan 12 11 7 29% July 27 Dec 19% Fe!". 11% Nov 9% Jan 4 11 Feb 16 5 4% 3 Jan 26% May 42% Nov 19% Jun 29% Dec 33% July 14 26% Jan 13 77 Jun 95 Feb 89 For footnotes see page 22. Jan 3 July 26 Mar 6 5,700 11,700 2,500 12,700 15% 14% 14% 14% 15% 16% 58% 60 57% 58% 56% 57 57 57% 57% 61% 3,500 45% 45% 44% 45% 43% 44% 43% 44% 43% 44% 13,400 42% 42'A *41% 42% ♦41% 42'A *41% 42% 42% 42% 300 6% 4,500 14% 6% ♦46 29% STOCK EXCHANGE CLOSED 7% 80 14% 87% 13% ♦84 13% 6% 30% 6% 6% *47% 6 % 49 49% ♦47% 29 7% 7% 80 81 29% 7% 88 *87% 13% 13% *84 85% 28% 7% 6% 52 29 7% 29% 10,100 7% 700 15% 100 17% 17% 17% 17% 17% 1,700 16% 16'A 16% 16% 16% 39,000 89 ♦17 13% 7% *14% 14% 88 28% 14% *14% *84 7% 14% 14% 13% 29 *7% 52 82 82 89 28% *80 6% *47% *80 ♦80 85% 6% 52 82 81 16% 6 *47% 88 13% 85 % 88 13% *84 120 89 500 13% 13% 14 6,100 85% 84 84 88 100 7% 8% 4,200 34% 900 105% 105% 4V*% preferred 100 Amer Rad 6c St 7% 24 24% No par 33% 33% 34% 34% *32% No par Light 18% 19'A 18% 18% 18% San'y com—No par 12% 11% 175% *175% 6% 7% 7 No par 36% 37% 35 35% 33% Ship Building Co—No par No par 42% 42% 41% 42 42 54% 55% 54% 55% Co 100 Snuff Co Tobacco 34 42 113/4 177 6 3A 33% 42 V3 54% 55% 553A 1603/4 161% 160 3A *38 % *140 39% 141 38% *140 34 18% *32% 18% 107 8 24% 34 17,100 12% 74,000 12 11% '175% 7 63% 6% 34% 35% 43% 56% 162 39% 141 42% 56% 161% 39% •140 200 19% 177 34% 10 1,900 11,500 177 40 7,800 3,400 43% 470 563/4 11,700 163 39% 450 800 141 27% 28% 27% 28% 273/4 28% 28% 29% 21,300 31% 30% 313/g 30% 30% 303% 303/s *30% 303/4 9% 9% 9% 9% 9% 9% 9% 9% 1,000 1,900 50% 503A 50 y8 50% 1,500 131% 100 100 49 129 % 9 49% 49% 49% 50% 129% *129% 131% *129% 50% 131% *129% 131% •129% 19% *18% 19% ♦18% 19% 18% 18% 18% 149% 1503A 149% 149% 149% 150% 150% —6 18% 100 150% 25 100 148% 150 150 common..14 84% 85 84 common 65% 151 63% 66% 66% 150 86% 623/4 151 85% 63% 151 86% 633A 152 85 3A 119 65% 152 86 119 64% 152 3/4 86 118% 19 100 1,600 150% 49,600 65% 13,300 153 86% 119 560 9,900 220 100 5 118% 9% 8% 8% 83A common—No par 32% 33% 32% 33% 323/4 34 32% 33% 32% 33 100 92% 93 92% 92% 913A 93 90 91 88 89% No par 74% 75% 75 74% 74% *74% 75 75% 75% 410 1 11% 11%" 11% 11% 11% 11% 11% 11% 10% 11% 16,300 72 72 71% 71% 70 70 32% 32% 32% 32% 32% 32% 32% 31% 32 % 31% 31% 31 31% 31% Inc preferred $4 conv prior preference Amer Zinc Lead 6c Smelt com 6c Glass 9 118% 118% *74% . 118% *118% 119 8% 8% 9 9 9% 4,100 29,500 220 "" *69 70% 33% 32% •69 71 140 32% 33% 32 32 1,100 4,000 27,600 Corp— new $4 preferred Anderson, Clayton 6c Co Anderson-Prlchard Oil Corp Andes Copper Mining A P W Products Co Inc 10 Archer-Daniels-Midland 23 Armco Steel 4%% 7% 18% 6% 24 28% com 7% Hock 11% 177 *32% *105 9% preferred Common 18% 8 24% 27% Tobacco American Viscose Corp 5* preferred Wire 39% 141 6% 34 107 *31% American Tel 6c Tel Co 6% 39 *140 162 11% ♦175% 8 24 No par preferred American 40 141 7% *105 7% 24% No par Refining American Sumatra 40 *139 11% 177 107 No par American Stove Co American Sugar 162 162 25 Co Stores 161 100 common preferred non-cum American Steel Foundries 7% 7% 24 11% preferred American 7% 175% American Seating 6% 7% 100 5 preferred American ♦105 7% 25% American Safety Razor 7% 107 7% 24% American News Co American Power 6c *105 1 No par Co American Molasses American Natural Gas Co 41% Feb July 28 3% 71 *33% 39% Jun 107 2% 67% 16% No par 61% Jun 2% 67% 14% 16% Cable 8 2% 66% 17 Anaconda 19 2% 66% 16% 8 23% Jun 2% 66% 17% 33% Jun 110% Mar 3,000 7% Anchor 18% July 13 2% 67% 17% 33% May 19 19 2% 67% 2% 69 17% 25 50 Jun 18% 17% $5 prior conv preferred Anaconda Copper Mining 72 18% 32% American Woolen 10 18% 7% American Water Works Co 94% Feb 18% 32% 12 % M«»r 22 20 May 1 17% 7% 35% July 11 Apr 17% 32% 3 84 8% July 3 161% May 20 IB Shares 6% 19% 7% 28 91% Mar 2% Aug 22% Feb 9 5% *18% 32% 7% Jan 38% 99% Mar 134% May 5% 19% 7% 21% Feb Jun Jun July 11 .5% *18% 32% Feb Jan 22% 52 27 11 t per share 5% 7% 8% Mar 6% Jun 30 64% Mar 29 21% 4% 29% July 28 1 July 14 tper share Sales for the Week 32% 18 44 Friday July 28 July 27 7% Jan 145 I per share Thursday 32% 4 27 Wednesday July 26 7% Xl57% Apr Jun 7,500 SALE PRICES 19% 1 Amer Smelt 6c Refg com 38% July 27 13,000 32% American 139 106% 413A 41 No par 9 166 105% American Metal Co Ltd com.No par Amer Machine 6c Metals 3 Jan Jun 51% Mar 16 220 42,500 145 ♦130 17% 17% 1,200 , v 61% 5% *14% 100 193/4 88 ♦18% 5% 14% 100 60 20 5% *13% No par preferred *86% *18% 5% 20 1 preferred Amer Mach 6c Fdry com 57% Jan Jun 7% Apr 24 11 9% Jan 7% 2% 1 No par t per share 193/a s * 1 non-cum 3.90% 17% 50 American Ice Co common 43% Jan 19% 135 com convertible preferred American Home Products 6» 5 21% Jun American Hide 6c Leather 30 Sep 120 SS Co July 50 150 31% 16% May 12 185 I per share 5% 10 10 6c Electric Co Tuesday July 25 July 24 No par No par No par 39 % Mar Jan 130 22 Monday 68 $7 preferred •7 2nd preferred A $6 preferred American Locomotive common 16% July 18 $ per share 1 American Investment Co of 111 13% July Jun 42% 12 Jan Mar 105 % 40% 19 Dec 10 104 % 40 July 17 18% 169 105 13 22% 145 39% 15% Dec Jun *130 104% ♦19 6% 145 41 July 24 Mar 29 ♦130 105 Par American Hawaiian 5 140 , 59% 393/4 80 96% *128 19% 88 1033/4 Aug 84 142 18% 413/4 Secur No par American Export Lines Inc 40o Amer A Foreign Power com__.No par 43 % May 12% Jan 573/s 1053/4 Saturday July 22 American Encaustic Tiling American Gas 15% Mar 4% *86% 58% ♦135 American European 55% Mar 22 15% Apr 22% Jan 76 87% 563/4 40% preferred 100 American International Corp.No par 102 19 86% 587/a 104% 92 100 19 87 56% LOW AND HIGH share 8% May 19 22 Feb Jan 19 86% 60% 20 EXCHANGE Highest 4% 6% 19 87 573/a 100 STOCK NEW YORK Range SInee Jan. 1 Lowest Highest 15% 44 19% *85 STOCKS Year 1949 I per share Cyanamid Co com American Distilling Co Range for Previous Lowest *18% preferred series A-100 101% July 12 Jan 99 25% Jun 120 76% Jun Jan 49 600 1,700 1,100 Corp common convertible preferred 6.25 19 19% 18% 19% No par 21% 10 106 106% 106% 106% 57 57 27 % 28 20 10% 10% • 4% 4% No Par 34% 35 56 56 18% *106 57 *55 27 28% 11 27% 10% 10% 11 4% *4 34% 10 37% 38% 36% 100 105% 106% 105% 34% 37% 106 19 % 106 *55 26% *4 19% 106 34% 36% 1053/4 4% 35 38 106% 28% *10% 4% 34% 38 106 % 19% 19 19% 106 3/4 •106 106 3/4 57 29% 11 4% *55 28 11 •4 343/4 34% 38% 106% 106% 38% 57 283/e 11 70 400 35,800 600 4% 200 35% 2,400 38% 30,600 107 1,390 11 12 The Commercial and Financial Chronicle ( 388) NEW YORK STOCK . . Monday, July 31, 1950 . RECORD K»B|t for Previous Range Since Jan. 1 Highest Year 1949 Lowest X per Jun 5 8% NEW X per share 10% Apr 13 Jun 77% Jan 69 13 83 Armour July 24 38% Jun 51% Dec 39% July 26 53 Apr 94 Jun 101% Dec 100 Va Mar 13 10 104% May 10 Jun 114 Oct 108% July 28 117% Jun 8 Jan 9 12% Jan 9 25% July 7 105% 13% Mar 7% July 14% Apr Dec 16% 13% 19 18 8'/4 July 13 Jan 21 21 95 87 Apr 30% Feb Mar 10 19% Jun Dec 104 Dec 98 Nov 15% 109 110 Jan Apr 4 105% Jun Jun 105% Jan 100 % Jan 16 Jun 105 % Nov 103 % Jan 10% Dec Dec 68 Jan 28 86 Jun 27 30% Jun 42% Dec 36% Jan 24 112% Dec 108% Feb 1 124% Jun 102 Dec 99% Jan 5 Jun 93% Jun *101% 102% 100% 101% 109% 110% 110 v* *108% 110 *108% 110 *15% 16 *15% 16 Industries Oil & _No 1% 2nd Co Atl G & 5% 56% July 28 Electric Co 22 4% _ — 7 series Jun 58 51% Mar 25 65% Jun 1 Atlas 100 Feb 110 15 Sep 20% Jan ♦% Feb 7% Sep 13% Jun 4"% 112% Mar 30 2 July 14% Jun 28 7% Jun 30% Jun . Jan 5% Jan 3 9% Apr Jan 37% Jan 4 53% Apr July 28 15% Jan 18% 105% 105 % 104% 105 % 105'/a *106 100 100 101'/a 100 100 *101% Avco 25 104% *100 42% 41% 122 123% 106 40 % 106 i *24% 41% 122 125% 106 40 Vs 40% xl22 40% 12% 10 18% 19 x 105 % 106 105 Va *105 11% 12 12 18Vs 18% 17% 52 53% *72 73% 73 90% *88 52% 53% 53 54% 53% *72 73 *72 90% *86 53% 119 % 120 % 119 120 % 119% 121 122% 102% 102% 102% 102 102% 102% 102 % 22% 22% 22% 22% 22% 22% 22% 59% 60% 57% 59'% 58% 59% 58% 1 -j . *110 100 . 54% 112 *110 16 No par *13% No par 7% 7% No par *14% 15% 5c 7% 7% 112% 7% *13% *109 112% *13% 15 112% 16 V/s 15% *14% 15% *14% 7% 7% 7% 7% 7% 18 4.300 54 % 123 Va 124% 102% 102% 23,700 810 320 23% 24 3,500 59% • t • 100 56 % >< . 17,200 73 55% -S - 800 90% ■>. * 60 1,660 112% .. 8 *14% 4,200 18 ' 16 7% 12% 53% 112% *13% 7% 19,600 105 % *72 56 7% • 123 Va *86 f 59 54% 160 5,300 12% 23% 52% 54 110 42% 105 Vs 124% 102% 52 % 6,800 100 - 90% 53% 16,100 121% 73 *86 900 19 42 54% 73 90 Va 25 100 18% *85 900 107% -• 12% 18% 2,400 23% 106% 105 % 12 10% 24 18% 123 % 11 % 300 16 23% 41% 121 33,700 25 v'.' 102 123% 10 Vs 24 106% 18% 11% 1 *13% v is'- 20 112% 16 8 8 3,200 ' prior pre! <$1.20) Automatic Canteen Co of Amer 18 13 18% 9% V . 25% 18% No par . *15% 23% 25 16% common Nichols Conv 18 44% common. Autocar Co 8% Apr 25 14% Jan 12 10% July 11 17% Mar Feb 16 29 23 25 17% 100 convertible preferred Austin 22% 25 T Atlas Tack Corp 3 22% 22% _5 Powder 4% 16 8% Mar > 29 5% Jun Feb 25 730 Dec 8 10% Nov Feb 15 6 %Jun Jan 15% Feb 4% 105 23% t 23% 23 1- 9 Vs 23% 17 100 A Atlas Corp 42 9 Vs 23 Vs 25 25 common preferred conv 25% Feb 9% 23 Vs 22% 100 Preferred $3.75 series B 22% July 13 9 Vs 23 % 9 17% No par prefet.ed Refining 24% Aug 9 Vs 23 Vs 25 Vs T SS Lines common—1 W non-cum Atlantic 9% 23% 10 Atlantic Coast Line RR Mar 23 May 26 9% 23% 17% 10 Inc City 16 100 preferred Investment Jan Dec CLOSED Topeka & Santa Fe com—100 5% non-cum preferred 100 F 16 1 100 Atch T *109 ' 25 EXCHANGE Refining Co com___l preferred._No par Dry Goods common 1st preferred 20 Jan STOCK par 2.50 Inc 101% 16 *15% 5 conv cum Associates 102% July 25 106 80 370 101 % 6% 54 % July 28 93 ' 109 % 103 Jan Mar 200 108% 102 Atlantic 94 100 Va 40% 21% Jun 47* 5,300 100% 81 39% 17% July 27 41 Jan 13 73 1.000 41% 81 40% A Jun 81 Vs 40% 80'/a 39% 15% May 18 Feb *79% 80 Va No par Shares 9% 82 preferred Sales for the Week X per share 10 41 $1.20 12 > share 40 109% May 19 Feb 9% 81% 27 53 32% 9% 44% 10% July 13 77 9% 9% 83 Jan 15 July 27 X per 42 Ashland 125% July 25 97% 9% Friday July 28 Thursday July 26 X per share 82% Associated 2 80 9% 9% -• Wednesday July 25 X per share No par bArvin 23 59% Mar 5 com Arnold Constable Corp Artloom Carpet Co Inc 30 39 % July 12 Illinois Tuesday July 24 tper share t per share $3.75 preferred No par $4 convertible preferred—No par 23 3 of Co $6 conv prior 253'4 May 10 Mar & Monday . July 22 Armstrong Cork Co com 26% May 16 15 50% Apr July 12 Sep 101 % Feb July 13 July 17 24 11% Saturday Par 24 49% Jan STOCK X per snare share 7% Jan Dec YORK EXCHANGE Lowest Highest t per share Mfg Coup (The) 5 common—..3 $2.25 conv preferred 10% 10% • 4 6 Va 10'/a 6% 10 Va 10% 6% 6% 41 *40 No par 10% 6% 40 10% 6% 40 14 40 13% 6% 40 Vs 40 *14% f 10% 15% 7% 15% 7% 7% 10% 4,700 ' 10% 3,000 6% 7% 55,100 44% 6% 40% 44% 600 B 13% 14 5 14% July 27 Baldwin Locomotive Works -13 13% 14% 13% 14% 13% 14 Vs Jun 27 Baltimore &c Ohio 100 11% 12% 11% 12% 12'Va 123/4 17% Jun 29 12% July 25 25 % July 25 22% Jan Bangor Jun 15 Nov Jun 12% Jan 9% July 7% Jun 14%. Jun 11% Jao 9 22 Va 14% Jun 25 Jan <0% Jun 72 July 38 Jun 53 Deo 33 Va 18- Sep 21% Jan *13 8% Jan 17% Feb 63 Apr 3 72 12 Babbitt 4% 23 Jan 5 (B T) 6 15% July 12 51% Apr 20% Feb 8 Aroostoak & Barker 39 Jan 26 July 13 common 5% Oil Brothers Mar 36% Jun Feb 15% Oct 14% Jan 3 25% July 26 17% Jan! 9 Va Jun 30 13 % Jan Bayuk 36% Nov 33% Dec 29 y4 Jun 29 34% May 17 87 % Feb Dee 98 12% Nov Jan 15 Vs Mar 25 23% July 28 21 Jun 24% July 28 74 Jan 411 Jun . 101 20% —mm *.«.• 27 108 9 Feb • 30 4 Vs% 9 - preferred Cigars Beatrice May 11 86% NOV 6% Jun 10 Vs Jan 7% Feb 7 11% July 28 Beech 27% Jun 32% Feb 29 Va Jan 12 32% Feb 6 July 13 34 Va Jan 5 Mar 30% Jun 7 Mar 11% Jun 16 Feb 28 " 13% Jan Feb 16% Jun Oct 17 Feb 98 Mar 26 Jun 37% 6% 73% 23 Va Feb 25 May, 13 9'/sJan 4 27% NOV,,. 20 Va Dec 83 2% July Dec 34 Va Jan Jan 85 i Jan 1% 10 Dec 1 4%% 31% Mar 11% Mar Dec 23 X per 22% Jun 30% Jun 15 Vb 9% Jun 14% 15 223/8 23% 12,300 No par 22% 23 23% 23 Va 23 Va 23% 23 233/4 24 24% 2,500 86 86 148 21 26 Jun 29% Feb 26 27 17 21 Aug 64 Jan 45% July 28 Aug 32% Jan 14 % Bliss (E W) Bliss & 60 9 51% Apr 4 Borden Co 51 Dec 45 July 17 Dec 55 Feb 15 98'/a Dec 1 1% Mar 2% Jan 97% Apr 1% Jan 30 Dec x34 % Feb 24 Bon 73 % May 26 100% July 12 3% July 27 45 22% July 28 9% 20% Jun 7% Feb Apr Jun 33 7% Mar 10 36% Jun 29 % Jan 23% Mar 24 Jan 39 Dec 50 July 11 53 Jun 12% Dec 10 July 12 14 Mar 40 Dec 36% Mar 2 45 Jun 16 120 7% Dec 100 24 Dec 19% Feb Dec Sep Feb 4 39% Jan 24 17% Mar 30 27 19% Dec 95 Nov Jun 91 Dec 80 75 Apr 84 Dec 82% Jan 13% Jun 16% Jan 12% July 13 91 7 Jun 9 May 8 197% Jun 122 Dec July Mar 29 18 Dec IT Jun 3% Jan Jan 26% xl7 Dec 24% 105 101% May Jan x21 7 13 July 12 Apr 10% Jun 9% Jan Sep 223/4 Feb 28 27 Feb 35% Jun 41 15% Jan 21 8% July 13 Jan 12 Vs Feb 28 Jan 5 17 Jun 29 20% Feb 15 13% Mar 30 17 % Jun 15 43 Mar 20 10% Jun 153/4 Dec Jan 51 Dec 163/4 Dec 14% July 13 51% July 28 18%Ji'.n 91 56% Nov 54 57% May 15 50 Mar For footnotes see page 43'/a Apr 22 15% 123/4 13 12% 13% 13 13% 13% 13% 13% 13'A 3 May 24 1 5 100 15 No par .40 1 15 common 29 16% 15% 15% 15% 16% 16% 16 31% 30 Va 33 Va 323/4 34 33 33% 323/8 265/s 26% 26 Va 27 26% 283/4 273/4 28'A 46% 46% 25% 45% 46 453/4 46% 45% 46 'A 16 4,700 480 EXCHANGE CLOSED 46 46% 153/4 143/4 15% 143/a 14% 14% 14% 14% 15 1,070 133/4 13% 13% 13% 13% 133/4 133/8 143/8 14% 14% 9,200 49% 49% ' 49% 48% 58 49 % 60 Va *100 100% 55% *100 493/4 49'/s 57% 49% 553/4 100% 100% 57 56 100% 100% 1 3% 3% 3% 3% 3% 3% 413/4 40% 413/4 413/4 9% 10% 10% 10% 30 3% 5.400 3% 45 22% 22 % 100 10 ' ' 10% 18,900 44 -| 9% 4,500 59'/4 *100 , 443A 103/s 9% 50 100% 33/4 40% 49% 57 57% 100% 42% 3% 42 ■ 103'8 11,600 2,200 * 21Vs 21% 21% 21% ll'/s 28% 11% 11% 12% 11% 12'/s 11% 12 Vs 27,900 29V4 27% 283/8 28% 28 3/8 27% 283/4 7,300 273/4 27% 26% 25% 25 *100% 34% 25 1023/4 34% *21 21 Va 102% *26 % 34% 3434 *21 27 V2 27% *21 23 277/8 28 , 23 28 *24% 25% *101% 23 * 24% 24% 253/a 24% 102% *101% 1023/4 *101% 34'/a 1,000 ■ 1023/4 34% 180 25% 101 % 5,000 34% 34% 33% 34% 52% 513/4 513/4 52% 51'/4 51% 400 ll3/s 10% llVs 10% 103/4 103/4 103/4 10% 10% 3,500 42% *51 42 42'A 41% 41% 42% 42% 42% 43 *101% 103 53 11% *42 *51 *51 •101% 18% 183/4 18% 19 18% 18% 19 19 19 19% 5 17 Vs 17% 16% 17 16% 16% 16% 163/4 16% 122 122% 2,300 900 16% 100 : *122 103 *101 123 122 103 103 103 *101% 123 *122% 103 123 No par 15% 16% 1434 15% 14% 16 Va 15% *75% 78% *75% 78% *75% 78% 78 78% *34'/a 35 % 343/4 34% 35% 35'A 20% 20% 20% 20% 20% 21% 33 33'/a 32 3A 323/4 *32% *122'A 16% No par a 1,800 51,800 *15% STOCK _No par common Co common 14,700 33 27 600 6,300 16'A 30% *16 No par 33% 1 35% 35% No par 20% 20% 5 33% 34 ..1 I 20 . 2,500 • 6,500 123 30 16 Va 163'4 70,300 78'A 78 'A 400 353/4 36 213/g 213/4 331/4 33% 900 24 23% 24'A 23,800 93% 93 94 70 • . - : 700 3,100 22 22% 22% 23% 22% 23% 22% 92'% *92% 93% *92'A 93% *92% 91 92 *87 91 94% *94 98 *94 98 400 *86 91 91 *87 91 *87 91 200 common 100 preferred 100 1_5 & Zinc (4 M) 5% Packing preferred common $4.25 " Canada conv Ginger Ale preferred^ Capital $3 preferred class A 10 '4 10% 76 Va 75% 75% 75% 75% 6% 53 2'/s 2% 6 19% 9'/4 100 41% *173/4 6 % 18% 101 Va 22% 23 39% 39% 53 53 *8% 8% *109 6 Vs *109 6 Vs 18 Va 6% 18% 103 18% 103 23 10% ,• .„ *75 : * 6 63/8 22% 41 423/4 - 20 ' 22 1,500 120 23 2,000 43 70 2 Vs 12.200 6'/4 13,800 2'/s 2 6 5% 5% 6 6 V» 6'A *52 *1934 6,400 51% 2 19% 6% 42% 2Vs 19% 140 51% 53% 9 80 9,900 76% 19% 2 96% 2,100 11 102% *52 19% 9% 11,300 9 Vs *101% 2Va ■ 12% 111% 191/8 102% 22% 41 9 111% 19 102% 23% 40 8% 112 534 . 96% 4,400 20 19% 914 9 96 Va 96 96 *95 9% 96% 96 96 130 42 *41 42 40% 41 350 19 300 42% *41 42 % *17% 18 Va 19% 9'A 42 19 *17 16% *8% 112 2% 6 1/4 No par 25 a A 6 18 Vs 101 % . 40% 53 •96 12% 10% 40% Ry Mills— Admin 9% No par No par Ry Co Breweries Ltd Canadian Pacific Cannon 9% 23 Southern 'Canadian 9% 23 com.. 1.66% 123/4 *75 Va 18% 1 12% 0% 101 Va 50 12% 8 34 112% 18% . 12'% 8% 101'/a a 12% *87 111% No par Callahan Zinc-Lead Canada Dry 6% 94 Va 92% 76% ' 100 preferred Calumet & Hecla Cons Copper i 5 Campbell W & C Foundry _No par ' *75% 12% 8% 114 No par common participating 9% 90% 12% 8% *112% a California ' 12% 1 preferred—100 1 _15 Bldg 7% Byron Jackson Co 24 Feb 106 40% 12Va Mar 15 92% 7% 22% May 17 July 14 40 Oct *28 153% Forge Co Byers Co 2% Apr 19 6% July 21 94 May " 28% 15 100 preferred Butte Copper 23 17% Jun Jan 12% 4 109 'A Mar 28 15 No par com Shares share 21 Va 14% *27 ' preferred 4% % 26 8 X per share 21V4 15% (assented) __100 Butler Bros common 13 55 51% July 28 Oct Jan 1 43% Jun 34% Feb Apt Sales for the Week 27% Term 7 6% Jun X per 14% Terminal 12% Jun Friday July 28 Thursday July 27 X per share 15% Bush 5 Dec 2 X per share 3% % 19 58 # per share PRICES Wednesday July 26 2 7 3/4 Bush 79% Jun SALE 153/8 5 24% Jun 36% HIGH 273/4 20 26 Jun • per thare AND Tuesday July 25 July 24 3 % % 5 Feb Monday Saturday 15 Burlington Mills Corp 4% preferred 24 May •8 2,600 3 . Apr < 24% Jan 1 1% Feb 9% Jan 125 ' 105% Jan 52 5% 4,400 15 Vs conv 2ncf preferred 100 preferred 100 Burroughs Adding Machine_.No j)ar 5 30 Jun 25% 11143/4 - 92% July 25 Mar 31 69% Mar 4% Mar ' 25 Vs 143/4 5 Bearing 600 253/4 143/4 conv preferred Bigelow (The) 146 245/s 14% Bulova Watch Co Inc.x 2 15% May 145 24% Bullard Co 94 Va July 2C 108 % Feb Mar 147 1,700 2,700 100,200 24 Vs issued" & Buffalo 24 % July 28 100 3 July 12 8% July 12 $5 23% May 22 36% Jan 11 3 May 3% Jun 126 41% *144 147 35 40% *14% 5 Bucyrus Erie Co 27 34% Jan Jun *144 343/8 41 14% 2.50 $3.60 preferred Dec 31% JUly 144 35 40 No par Brunswick-Balke-Collender 1% Feb 144 LOW July 10 25% Feb 11 Budd J 144 34% 24% July 22 20 Vb Jan 1 11% 40 Va 28% 14% ; Brown Shoe Co Inc 12 17 20% Jun 19 12 82 343/4 38% 27% 24 Vs (The) 5%. cum Jun Jun 34% 39% 27 44,000 14% No par Brooklyn Union Gas 18% Jun Jun 35 383/ 1,100 l'/s 25 preferred Brown 81 60 34% 40 1 1% 7,200 84 *82 84 14% ' 3 Dec 00% Jun 3%.% 3 Jan 6% 6 18 12% Jan 18% Apr 263/8 10% 74% Jan 36 13% 26 293/4 Oct 12y4 Feb 70% 26 10% Dec 28% 77 26% 29% 76 Jun 25% No par 13 lA 35% 1 Briggs Manufacturing Corp__No par Briggs & Stratton _No par Bristol-Myers Co common 2.50 44% May 17 18% July 14 15% July 17 121% Jun 26 125 Jun 61% July 26% Jun *82 l'/s 35% 144 83% 1 24% 2.50 104 29% Jan 105% Jan 100 Dec 102% 21% 83 1 Vs ■ 7 Jun 21 1 100 , Roller "When 14 Jan Jun 20% ,__5 May 19 18% Jan 20% Co 12 Apr 20 31% July 13 13% 11,700 Airways Inc Brewing Corp. of America Bridgeport Brass Co 12% July 26 27% July 13 25% July 14 Oct 15% 11% __ Jan 95 10% Branlff 26 98 29% Mar 103/4 No par Ami Co class A__i Bower 10% July 21 32 Va Jan 25% 9 10% Brass Boston & Maine RR 22% July 28 14 27 Nov 29% 10% Borg-Warner Corp common 3%% preferred July 28 Jan 105% 103/s _ & Class B : 32 103/4 Bond Stores Inc 59 % Jun 10% Laughlin Inc.. Aluminum 10 Apr Jun 10% 1 Bohn 12 — 10% STOCK Boeing Airplane Co Jan — 16.100 No par Mfg Co May 10 16% Jan — 48% Co.. x24% Jan 3,700 48 3 8 No par 3 July 1,300 16 92 *90 48% i July 26 • 18% 18% 15% 15'A 48% No par com Carpet YORK 12>/8 July 13 91% May 6% (Del) preferred Black & Decker / 19 92 48% common Eiaw-Knox Co 5 10 21% 15 *90 1,700 48% Par 3 18 % Jun 50 * 19 14 92 1,700 15% 48% EXCHANGE May 23 34 20 19% 14 *90 29 15% 33%c Birmingham Electric Co 5 31 Jan 19 14 91% 30 283/4 47% .1 NEW 14% Jan 3 8% Mar 19% 13% *90 25,100 48% $ per share 4 47% 153/s 11% 31 *30 47% 1 Btgelow-Sanford 22 17% Jun 13 % Jan Jan 29% 15% .11% 5 Foods 7% 29% May 19 3 22% Mar 25 Jun 29% 15% 35 llVsJun 19% July 29 14% 39% 22% Jan &Va 19% 14 Vs 91% 28% 15% 100 87 *86 11% 293/4 26% Jan 25% 14 *90 ll'/s 293/4 28% 28'/a *15 18% 18% 1 10 100 11% 31 26% Dec 38 15 Vs 87 11 Vs *29% Best & Co 25% Mar Jun 29% 14% *86 11% 31 12 27 26 •28% _1 87 10% *29% 29% Jan Jun 38% Mar 31 10 ; 10% *29% July 14 Aug 42% *86 10% 1 20% 21 Nov 87 *86 100 20 3/8 July 13 10 22% 84 Best 1,600 20% 2 l'/s Bethlehem Steel 3,500 103% *103 103 15,700 10 20% 1 17% 13% Jun 103 24% 30% 19% 84 25% Apr 13% Jun Dec 1033/4 20% 1 8% *103 l'/s $ per share NOV 30% 20 % STOCKS Jan 10% 30 3/4 84 Va Range Since Jan. 1 Highest share 30% 20 common Indus Loan Lowest Highest 30% 21% 9 Va Jan Year 1949 t per share 103% 9% 84% 39% May 26 41%, July 28 23 9% 19% Appliances Bange for Previous Lowest *103 90 38 *37 25 93/4 21Vs 20 13, 38 243/s 9% 30% 30% 103% '103 *37 253/4 9% 10 139% Jan J 30% 38 25 Cum pfd $3.25 ser of 1946_No par Benguet Consol Mining Co__18 pesos 30% Jan 141 31 *37 10 11 31 Va Apr Oct 38 25'% 23 Jan Jun *37 Feb Dec Jun Beneficial 38 2Vs Jan 33% 22% 9 90 Home 2,700 19% Bendix Aviation. Bendix 17% 26 25 Vs 129% 48% July 27 17 16% 3,600 ' 2.50 preferred 16 July 27 38 - Howell Co & 4 % % 1,000 163/4 16% 50 Bell 43% 16 V* ,100 • 14 43% 17 30% pfd 13 44 17 9% Corp fun 90 July 26 Jun Oct Jun (A 8) Aircraft Eeech-Nut Packing Co/. Belding-Heminway Bell Aircraft Corp i May 15 26% May 3 27 Va 23% Beck^hoe 63 16% 12.50 pro 19% July 21 4 Feb 11 Apr 21% Feb - conv 18% Jun 1 12% Jan x85 23 15% July 28 3 12% Feb Jun 16% 11 Va 85 86% Jun 3 22 69 16% 22% 70 24% Beech- Creek RR 60 24% 22 693/4 43% 9% Co common cum 233/4 22 *69 43% 23% convertible preferred Beaurtit Mills Inc common div 24% 22 693/4 43% 9% 3%% $150 24 22% 44% 22 Va 40,600 3.700 25% 43% •37 144,800 24 Vs 43 % 50 ,_1 81,100 12*8 22 44% 22 13% 14 Vs 12 .' *69 25% 22 Va No par Inc Foods 125/s 69 *67 13 13% 135/8 14% 12% 10 Bath Iron Works Corp.: Jun 13% 133/4 ' 10 common 9% 3* 23 13% 21% 100 (Delaware) 11 Va 13% • 68 .50 common preferred Corp < 23% 22% 100 preferred non-cum Convertible Barber _1 Inc 18% 9 18% 9% 183/4 *17 19% 1,300 934 14.900 16'A 17 17 17 Vs 16% 17 Va No par *491/4 50 49% 49 % *49 50V4 50V» 51 51 Vb 1 •15V2 16% 16 16 *15% 16 'A *153/4 16V» 16Vs 16 1/4 300 „10 54% 54% *53 54% *53 54% *53 54% 54 % 10 common 16% - 16% 17 Vs - 50 114.500 400 ' - *53 Volume 172 Number 4S29 . . The Commercial and Financial Chronicle . (389) NEW Range for Previous 5 Vi Range Since $ per $ per share Feb 9% Oct Jun 108 Feb 12 13 Jan 26% Jan 33 Dec 27% July 21 Jun 35% Jan 30 % Jan 3 18 Jun 13 % 30% Mar 37% Sep 34 Va July 25 8% Nov x7% Mar 13 10% Jun 6 Feb 30 Jun 131 Jan 267/a Dec 45% Nov 146 Nov Jun 37% Dec 100% Aug 104% Dec 15% July 13 35% July 13 Carey 140 Jan 3 32 Va Jan 27 104 156 May 23% Apr 34% Dec 97 Apr 105 % Dec 104 Va Jan 3 Jun 132% Dec 1301/4 Jan 13 140 26% Jan 131/4 July 13 21 15% July 14 17% Apr 13% Jun 15 % Jun 14% 18% Jun 17 7% May 3 Jun Jan 29% Mar 21 15 11% Ma> Jun 12% Jan 6 Jan Jan Jan 15 Jan 3 6% Mar 9% Dec Nov 36% Dec 104% Jan 112% Dec 8 Oct 11% Oct 12 Dec 14% 110% Feb 8 Va Oct 113 27 10% Jun 14% Dec 12 9% Feb 13 Va Oct 12% Jan 6% July 14% July 8% Dec 6% July 14 2iy4 Jan 17% Mar 30 9 Va Jun 16% Dec Nov 18% Jun 31% Dec 91 Jun 98% Dec 98 5% Aug 9% Dec 17 % July 28% Jan 27 Nov 34% 77. Nov 85 3% Jun Jan Jan 25 July Feb 5% 76 8 Jun 12 Feb 14 Dec 30 15 9% Jan May 9 5 Jun 4% Feb Jan I) 3 100 4.20% Corp common preferred - 10 131% Dec 11% Jan 13 Nov 19% Jan 3 29 5 % Jun 10 12% July 25 3 Jun 4% 18% Mar EXCHANGE 4 July 26 34Va 8% 8% 39 38 144 34 Va *142 & South de Pasco " * 14'A 22,800 3,100 *42 14% r—4 0 00 £ 108 3/4 200 28 21% 28% 8,100 42% 27% 14'A 108 42% 43% 1,400 7,000 16% 163/a 15% 16% 16% 16'A 34% 34'A 341/4 *34% 35% 1,000 8% 8 3/4 *8% 9 8% 83/4 2,400 371/2 38>A 37% 40% 40 41'A 7,800 144 141% 141% *141 142% 142 41% 142 41 104 41% *103% 104 41 104 104 34 Va 34% 34'A 35'A 353/8 106% 106 106% 106'/a *106% *132 134 *133V2 134 134% 134% 33% 106 34% 30 41 8,200 104 40% 41% *103% *105% 14 Shades 11% 34'/a . 38% 300 35% 19,700 107% 400 134 134 60 13% 14 13% 14 13% 143/8 14% 15 7,100 16% 17% Va 15% 16 15% 15% 15% 16 16 16 800 18% 18'A 18 18 18 Va 18'A 17% 18 18'/a 1 8 Va 8 Va 8 8Va No par 7% 8 7% 8'/a 25 26'A 26 9 < 3,200 8% 26 9% 7% 8% 7% 8 8 7% 7% 7% 7% 6,500 26'A 7 3/8 9»A 31% 31% *8 26% 9% 9'A 26'A 26'A 26'/a 9% 9% 9% 4,400 3,400 26 4,700 9'A 9'/a 31V4 31% 31% *11IV4 111% *111V4 10% 11 Va 10% IIV4 10 Va 11% 103/4 11% 103A 103A 12'A 12% 12% 131/4 13 133/8 13 13% *123/4 13% 4,400 Corp oom__5 32,000 Co 100 West 111 50 - 111 31% 112 31% 112 32 32% 112 323A %| 12% 12% 12% 12% 12 Va 12% 12 12'A 12% 19% 19% 19% 20% 19% 20% 193/4 20 19% 20 7% 7% 73/8 *6% 7% *6% 5 20% 20% 20'A 20% 20 21% 20% 21'A 20% 21 1 12% 12% 12 12% 11% 12% 12% 131/4 13 13% Products No par *27'A Cab Mfg 1.25 Chesapeake Corp of Virginia 5 Chesapeake & Ohio Ry common—25 7 28% 37 27% 106 *105 8 Va 8Va 29'A *6% *27 28 *29 8 28 *27 28 36% 37 37'A 105 *104% 105% *29 81/4 *734 *291/4 29% 30% 29'A 30% 30 303/8 81 80% 81% 80% 811/2 *81'A 8% 8'/a 83/4 83/4 8% 8 13% 11% 16 com_ .50 13% 11% 1 8 30 28 200 39Va 104 'A 105% 30 8'A 2,000 29% 80% preferred—100 Chic & East 111 RR Co com__No par Class A 40 200 13,200 25,400 38% * 8'A 29'A *73/4 Va 291/4 2,700 1% *27 38% 104V8 36% 106 8 *28 Va ' 7 36% 37% *105 Checker Chicago Corp (The) Chicago Great West Ry Co 5% preferred 100 11,900 12% 9.50 l 4,100 112 *111'A No par Copper Corp convertible 14 108 11 Va 34% *16 Champion Paper & Fib com__No par $4.50 preferred Nd par 3%% 141/4 108'A 11% 106 Va 13% !_100 Sales for the Week 133 133 5 14 16'A 34»/a 9 *142 CLOSED 50 Certain-teed 14% July 28 16 Va 35% 38% No par —.20 preferred Chain Belt Co 7 20% STOCK 1—10 common 16% 33 Va *8% _25 B 3 Jun 16% * 50 —1 *105% Central 12 Feb 45 3A 41% Class 2 7% 44 V2 *103% 4%% 5 12% 44% Central RR Co of N J class A_, 11 15% Apr 10 % July 12 44% Co-common Cerro 86% Apr 9% July 45 Central 7 Apr 307/b Jan 44% 5 10 Central Violeta Sugar Century Ribbon Mills 10% Jun 28 Central Hudson G & E Corp No par Illinois Light common. • 8 1 30 4 27% * Aguirre Sugar Co Foundry Co Central of Ga Ry Co vtc 5% preferred series B vtc 106% July 17 7% Mar 29 24 28'A 42 30 May 17 27% Central 4 40 28% Central 18% Apr 29 5 Jan 28 Va .104 27 Jan NO par 41% 5% 2 31 25% July 12 30% Jan 3 108'A series 21% Jan 11% July 26 31% 14% 109'A Corp 21% July 11 8% Jan 3 3 14% *108 Va *103% Celotex 6 Feb 14% 109% Friday July 28 $ per share 11% 11'A 14% 100 18 16% Mar July 27 22% July 10 11% Apr 14% Jan 9 9% Jun * 10% Mar 29 July 17 (J 10% ll'/a 108% i 4% 10% 11 Va Thursday July 27 $ vr shore July 26 $ VPT shore —100 Ry Co General 10 Va Wednesday July 25 $ vershare Celanese Corp of Amer com_No par $4.75 1st preferred No par 7% 2nd preferredilOO 22 25 38% Feb July 13 & Preferred 8% May 27 26% July 25 8% July 13 30 Steel Tuesday S per share 10 Light 7% preferred Caterpillar Tractor ' Mar 14 11 % Apr 3 24% Case 19% July 11 3 4 & I per share 1 : Co Ohio Conv preferred Carriers 9 37% Jun Jan Power Monday July 24 July 22 Carrier Corp common 1 1 107% Jan 7% July 17 Jan 33% RECORD Saturday Par • Inc Mfg Clinch Carpenter 12 Mar Airlines (Philip) Carolina 24 44% Jun 106 July 28 •> y Carolina 16 48% Jan X114 . Capital 45% July 26 21% May 20 39% May 18 12% STOCK • - 20% May 1 110% July 13 34% Mar 16 11 25% Feb YORK EXCHANGE . $ per share July 26 102 NEW Highest share 8% Jan 14 100 Jan. 1 Lowest Highest share STOCK STOCKS Year 1949 Lowest $ per YORK 8 2,600 30 29% 303/« 30'A 303A 83 83 600 83% 70,500 1,200 8% 83/a 83/4 13,000 13% 14i/4 133/4 141/4 14 141/4 13 5/a 14% 9,400 10% IIV4 10% 11% 11 113/4 11% 11% 23,200 16% 16% 17% 17 17% 11% 17% 17'A 173/4 i" 4,800 50 28'A 28% 27% 28% 28% 29 28% 28% 28 V2 28% 6,700 Ry Co cl A-=—25 11% 12 11'A 12% 11% 12 11% 11% 11 3/8 113/4 12,400 No par 6 Va 63A 6% 11,500 - Jan 7% Jan 3 5% Jan 4 Jan 5 Jun 8% Jan 7 Va Jan 13 13% July 25 Chic Milw St Paul No par 12'A 13 12% 12% 123/a Dec 12% 27% Mar 30 38% July 26 13% 12% 34% 133/a 13 Jun 79,200 37% 36% 38'A 37 38 Jan 38% 36% 15 36 3A 37% 11 16% July 25 39,400 3 Series A preferred vtc™ 100 Chicago & North West com—No par 35% Jun 15'A 16Va Dec 163A 163A 153/4 16 Va 36% 16% Jan 27% Jan 3 35% 35Va 35% 37 36% 37 36'A 363A 29% Mar 26% Jun 30 5% preferred Chicago Pneumat 34% Jun 37 July 26 31% May 18 56% May 17 100 21% 16% 363/4 .16 24 15% 25,700 22,000 com—No par 29% 29% 29% 30 28 Va 29% 29'A 293/s 28 283A 17 9'A Jan 7 Chic Ind & Louisv July 25 Class B ; & p vtc 1 Tool 49% Jun 55% Dec 53% Jan 17 25% Jun 41% Dec 36% Jun 27 Jun 82 Dec 77 131% Not 11% July 26 13% Apr 19 preferred series Chicago Yellow Cab 161/2 Jan 13% Jan 4 18% Feb 24 Chickasha 51/a Jan 3% Feb 14 7% Jun 22- Childs Jan 45% Jan 3 56% 10 May xl3 Jun 2% Jun 35 Jun 60 47 88% Mar 17 July 12 30% Dec 36 Jan Jun 68% Dec 62 % $3 34 81 July 13 Jan 16 Jun 22 convertible Chic Rock Is 5%% $ per share $ per share $ per share 323/8 Sep Sep Feb 29'A Dec 26 24 3j'/a Jury 27 42% Jan 593A Dec 42 Va July 26 68 % Mar 22 C 6% Feb 27 % July 26 103 Va July Dec Jan 6 Va Jun 34% Feb 30 Jun 86 Sep 02 25 Jan 343/4 Dec 16 Jun 193/8 Oct 203A Jun 30% Jan 8'A Jan 28% July 10 16% Feb 24 138 Mar 85 20% 105 43% Dec 112% Jun Jun 28'/a Dec Jan 108 Jan 72 16 20% Jun 145 Mar 30 23 6 Apr 12 80% May 16 38% July 26 47% May 24 4 29 % Jan 23% July 13 8 112% Mar 28 106% Feb Mar 15 28% May 1 Aug 14 May 12 34 Mar 11 108 % Jun 4 93 3 Jun 24 109% Mar 3 79% Oct 9 73 Feb 62% Jan 3 72 Mar 25 Dec 43 Jan 37 Jan 4 43 Mar 14 101/2 Aug 15'A Jan 12% Jan 3 Jun 35% Dec 29 Va July 17 21% July 7 37% Mar 15 Dec 105'A Dec 99% July 12 112% Mar 16 33A July 5% Jan 3% July 11 Jun 30% Feb July 141% Sep 82% Jan 133 70'A Nov Xl24% Jun 172 Sep 1075 Jan 1075 22 5 % Jan 27% Jun Mar 27 134% July 27 5 21 143 Feb 18 Jan 293/a Feb 89 Jan 70% July 17 119 81% Mar July 13 Jan 8 & Gas 100 82% 83% 82% 83% 83 84% 64 84% 84 84'A 4,(700 No par *11% 11% *11'A 11% IIV4 11% *11'A 11% 10 16% 16% *16% 17 17 17% *17 17% 1 5% 5% 5% 56 *31 25 56 Dec 37% July 17 97 165 Jun 3 46% Mar 16 5 101 % May 22 X133A Feb 17 3A Jan 14% July 17 19% Jan 12 Va Jun 19 Jan 14% Mar 30 19% May 31 15 20 5% 33 30% 30% 63% 64% 27% 105% Machine Co—10 31% 32 31% 32% 32% 32% 32% 44 45% 42% 43% 42% 44% 42% 5 *6% 29% 29% 5 18 20 .— 7 90 '"87 No par 18 27% STOCK EXCHANGE CLOSED 27% 153 -"130 *75 85 39% 40% *6% *87 29% 17% 27% *130 *75 * 6% 29 Va 29% 18 *17% 27 27% 153 *133 *75 85 38% *25% 26 *24% 109 *107 % preferred & Climax Pitts Co RR gtd 4% 7% gtd Foods 4%% cum 50 71% *38% >—No par Inc 1 common pfd conv Clopay Corp Cluett Peabody & Co *107 —50 stock Molybdenum Clinton 1% 100 * 100 > 71% 40 19'/a 19% 31% 31 Va 101 101 (The) No par com Corp No par Colgate-Palmolive-Peet com—No par $3.50 preferred & No par . Aikman Corp No par Colo Fuel <fe Iron Corp com—No par 5% conv preferred —20 Colorado & Southern Ry com—100 16 Ve Feb 15 Dec 16 Jan 13 Dec 16% Jan 13 7% Jun 163/4 Dec 15% Jan 13 I71/0 Jun 29% Dec 25% July H 38% Apr 18 16% Jun 28'/a Dei 25 July 12 38 18 9% Jun 13 De 11 July 26 14% Apr 13 Columbia Gas 7% Feb 13% Oc' 10% July 12 14% Feb 20 Columbia Pictures 481/4 Mar 68% Sep 57 66 Feb 14 26% Jun 32'/a Oct 30% Jun 37 Apr 17 18% Jun 22% Sep 19 4,900 44% 44% 45% 35,700 85 *75 18 27% 153 85 6 Va 6 Va 6% 29% *87 29 Va 18 27% *133 *75 310 600 89 29 Va 18 27 Va 1,000 800 2,600 153 85 39 Va 39 % 38% 39% 110% 110% 110% *109% 110% 40 24% 24% 24% 25% 700 107% 107% 107% 39 25 *107% 72 *70 40 *38% 19% 18% 31% 31 100% 100 Va 4% 72 32% 109 % 100% *135 32% 25 136 135 72 19% 31% 101 19% 31 31 31 102 102 102 25% 73% 122% 20 30 13,200 3,100 610 134% 74 4% 2,800 26 26% 4,700 134% *134 135% 74 '/a 25 Va 135 20% 31 4% 122 Va ;72 40 102 4Va *71% 20% 20 109 5,400 *74 77 300 123'/a 125 128 4,700 4% 26 4% 250 4 Internatl Collins 74 27% *133 10,300 33% *70 25% 135 *17% 153 Shares 28% 106% 89 29% share 28 Va *38% 24% *72 *87 Sales for the Week 72 25% 135 18 27% Friday July 28 $ per 40 25% 60 68,100 105% 28% 106 6% 6% 39 29% share *70 4% 100 66'A *38% No par com 33 65 40 4% 90 ' 301/2 71% 4% preferred—✓>—100 Co 109 4% 2nd cum 18% 31 300 56 . 107'/a * 25% 1 preferred 4% Coca-Cola 71 *38% 300 6,900 24% 110 Cleve Graph Bronze Co common—1 5%' 38% 40 *109 Ve 6 Va *67 89 56 Thursday* July 27 '4 $ per 28% 110 Jan 6 $ per share 105 V2 No par .100 173/4 ? 53/a * . PRICES July 26 27 % 28 *109 Va Special 653/8 105 Va preferred 17% 225/a Mar 29 % 31% 64'A Wednesday H Sper share —_No par $4.50 17% 29 I per share SALE 31% . 11% ll'/a *17 57 64% 56 *55 5% 31% 62% HIGH July 25 *55 29 % Cleve Elec Illuminating com—No par 19% July 11 AND *30 Tuesday July 24 55 105 % : Jun July 26 Monday 29 55 5'A Va Ry Co com—100 preferred 100 Jun Apr 57 5% 56 105% Co Jun 35% May 26 33% Jun 9 *55 51/4 *55 105 & St Louis non-cum 5% 56 104% 0.00 100 City Stores Co Claik Equipment C C C tper share *55 .-100 preferred 8'A 19% July 27 32% May 27 com City Products Corp 7'/a , Par 56% 66% 05 Va Saturday July 22 „ Corp 1 City Investing Co common 5%% *55 LOW STOCK Elec Coca-Cola Dec 43% 100 A I T Financial Cleve Dec 21% 38,300 4% 5% 36% 24% Cincinnati 107% May 29 61% 1013/4 46 3A 100 preferred Cincinnati Milling Nov 46 , 105 '/a 36% Mar 46% * $ per share Apr 67 46'A EXCHANGE Jan 108 463/4 25 26'A 83/4 451/4 ; 97% X20 47 Oil YORK 4,100 44% Corp NEW 7 45% common Highest 6% 56 Chile Copper Co Range Since Jan. 1 Lowest Highest 6% 44% STOCK8 Year 1949 6% 56 preferred Chrysler 7 Co__No par Pac RR Cotton Co Range for Previous Lowest preference—No par & Conv 67% May 29 29% July 19 44% July 25 6% 6 Va 129% 127% *900 123 126% 41 *900 *900 *900 41% 122% *900 41 41 % 41% 41% 99 99% *98% 100 14%. 15% 14% 15 15 15% 15% 17% 18 17% 18% 17% 18% 17% 41 *98% 41 99 *98% 99 41% *98 Va 41% 99 1,500 130 15% 16 16 Va 18 Va 18 Va 18% 24,200 19% 19% 3,400 *27 Va 28% 900 31% 1,060 19 19% 19% 19'/a 27 27 27% 28 31 30% 31 3,000 19 19 19 19% 26 27 26% 27% 100 30 31% 30 30% *30 V* preferred—100 27 27 28% *27 Va 28% *27% 28% *27% 28% 10 Columbia Broad Sys Inc cl A—2.50 27 27% 26% 26% 27% 26% 27% 27% 27% 26% 27 27% 27 Va 4,800 26 Va 3,000 4% non-cum 1st preferred 4% non-cum 2nd Class 2.50 B 27 26% 26% 25% Inc—No par 11% 11% 11% 11% 11 11% 11 ? 11% 11 % 11% 39,100 common—No pai 11% 11% 10% 11 10% 10% 10% 11% 11% 11% 3,200 par 58% 58% Carbon Co No par So Ohio Elec Co 5 32% 32% 32% 33 31% 32% 31% 32% 32 % 33 2,800 19% 19% 19% 19% 19 19'/a 19 Va 19% 19 Va 19% 3,300 26 Va 26% 25% 26 25% 26 26% 26% 26% 27 Va 4,500 47 48 45% 46% 45% 46% 45% 48% 47% 49% 23,900 16% >7% 16% 16% 16% 17 17% 17% 17% 28% 29 28% 28% 16% 27% System $4.25 cum preferred w Columbian Columbus *27% 31 w—No & 27% *56 59 *56 26% 57% *56 57% *56 57% 100 Combustion Engineering Superheater Inc 21'A Feb 27% Dec 46% Feb 60% Dei 24% Apr 26 45% July 25 30% May 31 67% Jun 1 Commercial 13% Jun 203/4 Dec 15% July 21% Jan Commercial 25Va Jan 5 3 Credit No par Co 10 ; Solvents No par 30% Dec 33% Mar 16 Commonwealth Edison Co —25 7% Jun 10 Va Aug 8% July 18 11% Feb 3 Conde Nast Publishing Co No par 8% 243/4 Jun 30'/a Nov 20% July 12 30% Feb 6 Congoleum-Nairn No par 23% 23% 25% Feb 343A Doc 25% July 13 41 Feb 6 Consolidated No par 26% 27 2 V2 Jun 4% Jan May 3 21% Feb 29% Consolidated Coppermines Corp Consol Edison of N Y com—No X106 Apr De Oct 109 27% July 26 3% Feb 26 Va 15 5 - July 12 33% May 19 106% July 19 109% Mar 18 114 11 Jun 141/4 Jan 8 Feb 11% Sep July 26 Mar 30 106% July 13 10% July 13 9% July 5 27% Jun 117% Apr 19 12 108% May 24 Cigar of Gas Preferred & 4% series par 27% 106% 106% 24% 24% 10 12% Jan 28 Consolidated Laundries 4 6'A Mar 40 % July 28 47% Feb 6 21 Va 15 20% May 5 Consol RR of Cuba 6% Jun 12 % Ma- 7% Jun 10% 8 Jun 12'A 293A July 36 10% July 13 9 Va Mar Apr May 10% Jan 29 12% Jun 23 Apr 113'A Dec 110% Mar 30 113% May 12 Apr 110% Dec 108% May 2 111 27 5/« Jun 4 Dec 38% Jan 3 93 Jun 103 Nov 101% Jan 11 13% Jan Dec 14% Apr 24 85 Jan Dec 88 17% Jun 37% Dec Jun 30% 95 1023/4 Dec Jun 9'A Dec 78% Dec Jun 8% Jan Feb 65% 6'A 563/4 Feb 5'A 47% For footnotes Of see 30% July 25 102% Feb 8 4 1 106 Mar 15 19% Jan 24 Jan 24 41% Jun 23 100 21% 27% 27% 28% 31,000 *106% 27% 107% 106% 106% 106% 106% 106% 106% 600 23% 24% 23% 23% "23% 23% 23% 23% 12,400 5 *9% 15 100 Co 115% *115% 116% 115% 115% 107'/a *106% 107% *106% 107% 2?0° 12% 12 Va 12'A 2,000 9% *9% 10 42 40 Va 40% 6,900 19 18% 19% 7,800 12 12 12 10 10 *9% 10 43% 44% 42 44 41 42% 41 18 18% 18 Va 19% 18% 19% 19 11% 11% 11% *11% 9% 100 11% 12% 12% 12% 12% 12% 12% 13 12% 13% 13 13Va 7,100 17% 16% 17% 17Va 17% 16% 17% 60,700 com——No par 31% 31% 30% 31 X29% 30% 29% 30% 29% 30% 19,000 Inc; Inc 1 11% No par 111 111 No par 110 110 46% —100 ♦105 Continental Baking Co com—No par $5.50 preferred No par *91 preferred Inc 115% *106% 16% common—20 Continental Insurance 8% July 21 27% 27 3,600 12% 78% Jan 75% July 28 3,900 17% Diamond 29 4% 12% Continental 25 4% 28 16 % 10% May 19 5% Jun 4% 28% 1 107% July 19 55% Jan 4% 4% 8% 10c Co 3 11 1,000 4% 4% 28% 12% $4.50 preferred Can 27% 27% 11% *9% $4.52 preferred Continental 27 107 Container Corp of America com—20 4% 26% 116% pfd Stores July 17 50% July 13 page 22. July 28 Jan 51% Jun Power 26% 107 Consolidated Textile Consumers 28 116 Consolidated Vultee Aircraft— Mar 16 *26% 27 12% 17% July 26 36 3,400 22% 116 13% July 27 July 12 8% 22% 106% 8 103% x98 Retail 8% 22% 12 25 105% l'A Consolidated 8% 22% 115% Consolidated Natural Gas— Feb 10 27 8% 23 106% Corp. Jun 27 4% 8% 22% 100 Consolidated Grocers Corp 11'A Jun 28 *26% 28% 8% 23% 100 1.33Va B Preferred 4% series C 14% Jan 38'A Jan 4% 8% 23 Pwr Co common 4%% 5 No par Elec Lt Baltimore 9 No par $5 preferred Cons 23 % Inc 18,200 26,500 $3.75 preferred 32 106 110% *110 46 % 105 30% *105% 8% 10 55% 56% * 8 72% 112 111% 111% 110 110 110 110% 520 49 50% 5,200 105 104 15% 8% 1 111 110 93 32% Continental Oil of DpIb*™™ 111 14% 107% Continental Motors 110% 110 92% 8% 55 630 111% 15% 107% 3,300 110% 48% 93 5 No par Fibre—; 15 46% 11% 47% 14% *91 48% 105 48% *104 50% 105 *104 105 100 15 14% 15 14% 15 3,500 92 90 91 88 89 240 31% 31% 31% 32% *105% 106 Va 105% 105% *105% 105% 400 8% 8% 8% 8% 8% 8% 8% 1,400 56% 54% 55% 55% 31% 107 8% 8 8% 73% 72 73% 31 7% 73 54% 8 73% 54% 7% 73% 32 8 75% 7% 75 Va 56 7%. 75% 16,000 3,500 35,900 11,900 13 14 The Commercial and Financial Chronicle (390) YORK NEW Lowest Highest t per t per share S per 14 19% 20 July 17 26% Mar 14 22% Jar 13% Jan 193/4 Jun 24 % Dec 20 53% July 25 55% Mar 13 17% July 27 I per share Cooper-Bessemer Corp common 8 $3 prior preferred No par 12 65% May 51% July Par $ per share Copper Range Co Jun 19 y4 Jan 14% Jun 49 Dec 52 Feb 46% July 14 49% Jan 11 7 Jun 11% Deo 10% Jan 17 y4 Apr 22 Cornell Dublller 49% Mar 58 % Dec 57 20 Apr 30% Deo 28% Jan 94 Jan 102% Dee 92% Jan 102 Sep Jun 12 57 1% 3 Corning Glass Works common 3%% 101% Apr 19 102% Mar 21 18 July 13 72% Jan Corn 3 187% Apr 13 6y4 Mar 7% 28 Coty SI Crane Co common 105 Jan 11 10% Jun 27 14 Jan 8 26% Jun Feb 29 y4 Deo 13% Oct .19% Jan 3%% Cream of Wheat Corp 3 Jan 42% Apr 32 y4 Jun 27 40 Jan 30 Deo 27% Jan U 36% Jun 62 19 Jun 12 14 99% Deo 54 Apr 17% Jun May 7% July Deo 25% . 145% Oct - Jun 43% 8% Oct Jun 109 52% NOV 4 9% Apr.-,/ Dec 7 16% 24% Jan Jun 133 Jan 137 Mar 3 20 9 ' Sep 26% Jan 22% Feb 17' 9 Jun 15% Mar 13% Jan 13 87 Jan 96% Nov 96 12 19% > 10% July 25 Jan BO ' 15% 15% 15% 163/a 16 16% 8,100 48 47% 47% 47% 48% *47% 13% 13 13% 12% 13% 13% 61% 61 31 32 30 *100% *100% 100 3/4 ioo3/4 100% 101% 101% *101 >/, 63% 63% 64% 63 63% 181% 181% 181% 181 1811/4 80 4% *4'/a 4% 1% 41/4 400 64 64% 181 1% 4% 1% 1% 1% 1% 63 181 4% 4% 23% 23 23% 22% 23% 102% 101% 101% 11% 11% 11% 10% 11 10% 28% 28 28 28 % 28% *28 *28 14 13% 14 33 33 *32% , 28% July 24 10% 11% 28% 273/8 275/8 300 7,700 13% 1334 1334 *323/4 33V2 300 35% 6,200 35% 35% 35% 363/8 104% 104% 104 % 104% 105 110% *108 *108 110 *106 110 35% 66% 67 68% 68% 72% 18% 19 18% 19*/s 19% 19% *19% 19 19 19% 19 19% 18% 180 *160 non-cujn 18% *160 . 27% 73 ; 9 s/8 9% 70% *661/4 10% 10 21% *21 -J 10% *10 •/. .110%.. 2A* *21% 22 21% 21% *21 5% 5% 6% 6 common No pa* AT-preferred ;——Aoptr Prior preferred —-No pa* Curtis-Wright common; —. 1 Class A ' —1 Cushman's Sons Inc "1% pfd: 109 125% 127 126 126 22 5% 126% .... . - 10 45 45% 46 10% 10% 126 ■ 500 .300 6 11,300 80 426% *125 ,126 11,200 t. 10 22 5% 5%: 70% 600 46%. 10%. 46% 46% 46% 7,, (10% 46 10%; 5% . 126%, 45% , 21% 5% 10% *44% 9% 9% *10 *66 % 10%- '4,500 180 *160 *66 % 70% 10 68% 19% ;7o% *65%. 9% *65% 19% 580 20 19% 180 6,000 733/4 72 *19% 20 33,600 28% 27% 76% *160 llOVi *108 29 390 105 9% 9 9% 9 9% 9 180 *160 180, 353/e 1043/4 110% 65 convertible . 36 105 105 35% 35% 104% 27% 103/« 10% 10% .78,800 23% . ' i 1 23 . . *127% 23%- 23% *127% 131 23% 131 27% 28% 28 No paa Cutler-Hammer Inc 200 3,100 11% 33% 25 % — 2,100 12,000 13% 33% 25% — 1% 104 % *323/4 14 13% 33% 3,900 24 y8 1% 2334 *102 102 120 102 41/4 233/4 102 103 *101 10 100% ' < * 32 1% 1% 22% 23 *100 11% 490 8,700 30% 100% *4% 101 63% 181 591/4 33V'2 32 31% *100% 100% *100% *4 2,700 13% 591/4 603/4 59% 260 49 13% 13% *181% 100% 101 64% *471/4 49 100% *100% 181 60 60 61% 32% 23% 9 138 ' 15% 23% Cunningham Drug Store* Ine -24% Feb 10; - Feb <91 15% *100% Curtis. Publishing ■ 6,700 16 23 Cuneo Press Inc 134% Mar 7 65% Jan 26 <•; 7% Jan; 9 20%'Jan 125 3 Jan- 17V4 61 No par • j 16% No pa* common—8 19 8 July 13' 44% July 13 • 17 % 13 13% Jan 122'% Jan' 16 16% *33 25%-Jan vJuly 13 5 Mar 71 9% July 17 ' 13% Fob Nov Feb 4% Feb : Fib 14 9% July 27 175 64% July 13 Jan 73 14 16% *106 5% 2iy4 July 11 27 15% No pa* Cuba RR 6% 6 30 15% preferred—-—100 pfd-: 100 Cuban-American Sugar common..10 7% preferred 100 Cudahy Packing Co common 16 4%% preferred 160 July 27 JaD 2,100 54% 15% Crucible Steel of Amer com—No pa* 76% July 27 25 26 Feb 175 8% Map ■ Jun 9 Mar 31 15y4 Jun Deo 160 May 5% Jun 16 Jan preferred 2 2 s/8 *54 15% 2AO $4.2o preferred $4 2nd preferred 12 29 (The) Crown Zellerbach Corp 5 108 >/4 Jun S ' 16% Jan Jan 16% 160 10% 99% Jan 72% July 12 % Feb 60 . 24 Nov 21 105% May 102% Jan 11 < 31 Nov 49 Deo 105 Mar 54 55 31% STOCK EXCHANGE CLOSED 2 Crown Cork & Seal common 2,400 22% 22% 54 *47 1 Creameries of America 4 20 22% 55 -28 17% Jan 36% 22 *53% 53% 100 preferred 30 y4 Mar 30 12 % July 13 21% 53% Shares 20% *13% .1 International Corp 2% Feb S0% Jan 27 1% July 13 22% July 13 22% 21% share 19% 20 15% 100 1 preferred Coty Inc 6 14% NOV May — pfd 3%% 101 % Jun Oct Jan 23 94 preferred series of 1947—100 Products Refining common_28 Cum Deo 104 Jan 90 20 5 100 Corn 6 3% July 17 62 Exchange E«ank <fc Tr Co 6 May 19% 15% 1 67 % Mar 13 Apr Electric Corp 42 J iiy 17 100 4 176% July 13 2% 32% Jun Jun 8% 17% Feb 27 Sep 5% Jun 21% 96 17 100 '/4 Juiy 11 Deo 189 Jan 3% Mar Jun Dec 73% Jan 171 % Feb 12% 19% 19% Sales for the Week $ per $ per share 19% 19% 225/a *53% No par Copperweld Steel Co common 8 Convertible pref 5% series 50 9 Friday July 28 July 27 $ per s»nre J per share share Continental Steel Corp 15% July 26 July 25 20% July 20 share Jun Monday, July 31, 1950 . Thursday Tuesday July 24 July 22 3 4 per share 11% HIGH BALE PRICES Wednesday LOW AND Monday Saturday STOCK EXCHANGE Highest Lowest YORK NEW Range Since Jan. 1 Year 1949 . RECORD STOCK STOCKS Range for Previous . 23% . 27'/a *127% 26%. . 23% 23% 23% *127% 131,: *127% 131 26% 273/8 26% 27 2,200 17% 18 »/4 7,300 23%131 27 %, f 5,000 D Jan ,22% Jun 99 2fi 2 May 18% Corp common_ —1 3%% preferred series A.——190 Dana *96 3/4 14% 2.BO 20 (The)——1 Dayton Power & Light common—7 Preferred 3.75% series A 100 11% July 14% Dea 13 y8 July 10 19 % Jan 17 y» Map 15 % Jan / 3 17% Feb 17 Davega Stores Corp common 5% convertible preferred^ 25 Davison Chemical Corp 15 22% xl6% Mar 26% Jan 31 92 Jan Deo 98 % 92% May Aug 100% DOO Jan 18% July 13 7% 12% Nov 9% Jun Jan 96 July 5 July 24 liy4Jan 3 Preferred 3.90% 17% May 26 Dayton Rubber Co 10 Decca Records Inc 99% 100 100% 100 14 14% 6% 50e 32% 2,800 46 461/2 8,800 20 *34% 34% 34% 343/4 *34% 351/8 *34% 35% *34 5/8 3514 100 38% 40% 39% 41 3/4 40% 40% 39% 40% 39% 40y4 10,100 50 9% 9% 10 % 9% 10y4 9% 10% 9i/2 934 41,100 Co—13A0 20% 20 3/8 203/s 20% 19% 20 20- 20% 20% 201/4 100 30 30% 293/4 32 30 Va 313/4 30% 313/8 30% 31 100 53% 54 % 55 55 Va 56 553/4 551/4 7% preferred 345/8 July 13 36a/8 May 17 3 Delaware & Delaware Lack Delaware Power 295/8 Jan 21 Hudson 32 Escrow & Light for common ctfs 53% De» 42 y2 Jun 27 14% Deo 12 20 17% May 26 Derby Oil Co Jan 23 y4 Sep 21% July 13 24 May 19 Detroit Jan 52 Va July 12 58 Feb Detroit Hillsdale & 8 W RR Co_100 Jan 58/8 July 12 8 Apr 57% Peb 27 2 May 16 for preferred 8 < 24 ya Mar 2iy8 Mar 13 24% May 31 liy8 Jun 13% NOV 12% Jun 29 14 Jun 14 De Jun 22% NOV 13 235/s Jun 13 Devoe Jun Vilbiss & Diamond Match Sep 40 Jan 35% Max t 40 37 y4 Sep 45% Peb 40% Jan 3 44% July 28 9% Jun 13% Deo 15% May 1 Jun 9% Jan 5 12% Jun 17 22% Apr 22 Distill Corp-Seagrams Range for Previous Range Since Jan. 1 Lowest Highest i per $ per share 24% Feb 38% NOT 35 45% Jun 53% NOV 48 10 Jun 25 July 4 July 26 % Jun 29 10 S per share 12% Jan July 17 25% July 12 46% May 11 4 4 17 Va Jan 6 11% July 25 Oct 69 Va Jan 13 87% July 25 Dec 54y4 Jail .j 72 Jun 9 Feb W 111% Jun 15 119 % Jan 13 156% Jun 9 16% Dec 24 y, 16 Va July 17 19% Jan 78 Sep 86% Jan 81 Mar 7 84 11% Mar 203/4 Oct 18 July 12 x22 14 % Oct 11% Mar 27 8% Jun 43 y4 Jun May 5 63% NOV Feb 97% Jan 112 Jun 9% Jun 60% Jan 13 Oct 122% Jan • 124% , 102% Ang 115% Jan Mines 12% Jan 116 I Peb 20 93/4 July 12 11% Jan 10 Duquesne Light 5% DWG Cigar Corp 10 13 Jan 10 Jan 40 July 17 164 Jan 202 \ Oct 172% Jan 3 190 13 35 96 Deo Feb 14% Dee 93% Apr • xl2% July 12 xl5% Apr 98 Mar 10 12 May 2 Jan 13 Jun 5 103/8 July 25 Elastic Stop 47% May 31 12% Feb 17 % Deo 16 Jan 13 21% July 26 32% Mar 30% Oil 32% Jun 30 38% Feb 8 2 Feb 23 42% Jan Oct 48% July 26 52% Apr 26 22 28% Jan 6 51% 29 May July 27 Jan 7 10% 10% 103/8 10'/a 10% 10% 10'A 1,000 28 28% 273/4 28 273/4 28% 273/4 28% 283/4 29 3,300 12 VA 11 3/4 12 113/4 12 12 123/a 86 87% 85 % 861/2 85 85% 7,700 563/s 58 57% 59 57 Va 59% 22,400 STOCK EXCHANGE *1093/4 *131 134 17% 84 193/4 1093/4 *1095/8 110% *1095/8 *127 129% <130 12% 12,000 300 110% 130 1253/4 1253/4 17% 163/8 17% 16 3/4 173/B 17% 17% *833/4 193/4 12% 1093/4 16 % 84 1 *125 175/8 CLOSED 109% 128 1093/4 110% 84% *83% 845/8 *83% 84% *83% 845/g 20 *20 21 *20 21 *20 21 20 *12% 12% 12% 125/a 125/8 13% 13% 200 7,000 50 200 13% 3,400 703/4 723/S 71% 72% 54,500 *123% 124% 123% 123% 1,000 104 103% 103% 200 110% IIO1/4 110% 330 103/8 700 695/a 713/8 *123% 124% ♦103 104 IIO3/4 110% 110% 110% 110% ♦10% 10% 10 10 VA *93/4 10 10 10 17 1st pfd.: 100 1 -1 .10 110y2 (*103 110'A *10 173/8 17 17% 17% 17% 17% 173/4 5,100 s/8 155/8 14% 15% 15 15% 15 Va 153/8 15% 153/4 34,400 14% 14% 14 14 14% 14% 14% 15% 15% 15% 17% 14 17% 15 15% 145/s 15 14% 14% 15 155/8 15 15 41 41% 40% 40% 40% 40 3/4 40 40 3/4 40 34 403/8 *176 *175 177 *175 *176 178% 2 31 313/8 31% 32 313/4 32% 32% 1 15 15 15 15 14% 15 2.10 100 preferred *92% 13 *99% 94% V 178% *92% 13 133/8 *99% 101 : 94% *92 % 13 % 123% 13 *99% 101 101 94% 177 *175 177 333/4 343/8 15% 3334 15V4 15% 153/8 *92% 94% *92% 1,100 4,700 20,000 ' ——► 94% 13 *99V2 13 123/8 13 101 *99% 12,100 700 101 3,400 1 9% 10% 10% 10% 10% 10% 10 10% 10 i 40% 41 39% 40% 38% 40 40 40% 40% 41% 3,900 3 19 % 193/g 19 Va 20% 20% 213/a 20% 213/8 20 20% 27,600 No par *36% 37% 37 37 37 % 37% 373/4 *37 373% 200 1% 1% 1% 1 % l5/8 1% 1% l7/a l3/4 1% 25,500 Storage Battery____No pax Elgin National Watch Co 15 39% 39% 39% 393/4 38 % 39% 38% 3934 39% 39% 1,400 Electric Nut Co Boat Convertible (The) common preferred 26 75 103/s 72% 10% Jun 13 10'A 1033/4 13% Mai 28% Peb 23 70 10% 87% Electric 19y8 July 13 52% 59 Elec & Mus Ind Amer shares 52 % July 17 52% 1-23% 11 N01 1,000 53 69% 18 Not 2,200 53 1033/4 3% Apr 28% 13% 36 123% 42% Jan 75 Shares 13 36 74% 3 Jun Sales for •the Week 13'/4 104 19 Jun 53% $ per share „ 36 1233/8 1 % Jan Jun t per share 725/8 35% Apr 10% *53 53% *53 Friday July 28 123% Jar 17% July 27 ♦1033/8 Jar Va 48 23% Aug 4% % Sper share Thursday 11% ..100 Electric Auto-Lite 102 Dee t per share t per share : 57 preferred 8 Dec 45% July 26 85% Ekco Products Co oommon 38% July 26 8% Apr July 25 123/4 preferred Manufacturing Co 4%% Wednesday Tuesday July 24 623/, .10 96 Jun 33% 51 6% Monday i perthara 20 HIGH BALE PRICES 863/4 Edison Bros Stores Inc common Jan Jun 201/4 300 12% 7 10% Jun 19% 73/8 60 Eaton 88 1% 19% AND * 84% 3 19% Jan 34% 19 Va 20 19% LOW 53% 10 145/8 July 12 May 20% *53 May Dee 101 19% 13% Apr 19 Oct 73/8 Stainless Steel Corp. Apr 6 7% *35% Eastern 14 Va 943% 7% Eastman Kodak Co common. Jan Jan 73/s 13% 49% Apr 32 % 29 73/8 35% Corp common. Jun 12,200 7% 13 Eastern 21% 201/4 7% 35 16"% Apr 24 18% Apr 19 10 2,300 7% 13 % Eastern Airlines Inc 13% 2,100 7 3/4 13% 36 Eagle-Plcher Co 24 43% NOV 14% *43% 14 • Peb Jun 441/2 14 44 133/4 -No par No par Preferred $3.50 series 17 Jun 44% 14 44 14% 13-% (E I) A Co- Preferred $4.50 series 19% Jan 7% 2,900 44% 39 13% Common 15% Mar 30 38% 5,000 44 Va No par 13% Jun 27 191% 39% 353/8 — 20% Mar Jun 19% 383/4 133A 133/4 100 16% Mar 13 19% 39 *43% flOe Jun Deo 19% 38% 14% Dresser Industries common Jun 16% 300 19% 38 7/8 43% No par No par $3.25 2nd preferred 15% 7% July 13% 19 Va 13% 13% 19% 39 393/8 10 $4 preferred series A 13 30 *13% 20 *13% No par 12 110 y4 July 14 13% 24'/4 7,200 No par 85% Jun 1 13% *23% 13% Duplan Corp Jun 800 233/4 37 Ltd 12 ' 24 233/4 24% 13% Dow Chemical Co common 14 106 24 24 14% No par I Jun 101% Jan 31 2,500 No par 14% Jan 127% Apr 22 6 5% 6 36% Douglas Aircraft Du Pont de Nem 119 6 July 22 33/4% convertible preferred.; Dunhill International July 24 30 6 5% 6 Saturday Pepper Co Dome 55 43% STOCK Doehler-Jarvis Corp 18% Sep 55 20 20 No par 9 723/4 7,500 58 *54 58 *54 58 5% .; common 36% Jan 57% 163/8 22'4 6 Va ' Class A Dr. Apr - Dixie Cup Co Jan Feb 153/4 22 1 13 Jan 163/8 22% 55 39 Par May 24 12% Apr Ltd Dlvco Corp 57 43 15% 22 50c 2 share 15% Jan 153/4 22% 38% EXCHANGE 48% 108 YORK NEW r Highest 6,300 15% 22 2 common participating preferred STOCKS Year 1949 *13% 5534 15 Va 22 Va 28 Diana Stores Corp July 13 2,000 10,200 14% *54 24% 24 No par Diamond T Motor Car Co 6% 11% Mar 31 63/4 July 13 6% 6 Va 2 A ^ 58 *54 B class 533/4 223/b 1 Co Raynolds 31% 23 300 22 15% 22% 1° Detroit-Michigan Stove Co 16 y2 15% 20 (The) Edison Detroit Steel Corp 18 y4 July 10 Grande West RR ctfs Escrow July 25 Western & Jun 101 5,900 32% 46% Dec 108% Sep 123% Dee 7% 32% 45% 20 Apr 7 7 31% 12 ya 10iy« 6% 7 31% 45% 343/4 Dee 63/4 6% 443/4 29 14% Mar 4,900 293/4 24% Jun 33 y« 151/4 453/4 Dee Jan 15% 14% 14% 30 30 ya 17 15% 14 14% 170 30 233/4 Jun Peb 1,100 443/4 Jun 9% 101% 101 303/4 12 S per share 101% 101 46 27 Lowest 60 101% ♦100% 29% 7Va Jun Dea 100% 45% 19 % July 18% 991% 1001/2 1 Dee 93/8 Nov 991/8 99% *99% No par «mt> Jun 99% Deep Rock Oil Corp Denver & Rio 15 28 Va 99% Deere & Co common y-7« 9% 7,400 28% *99i/8 23 22% 58 283% 28% 99 % *98 493/4 Jun Jun Jun 1,100 4 413/4 July 25 10 3/8 Jan 17 Jun 28% 21% 38% Jan Jun 43/4 800 163/8 21 Va 99% 101 6% 7% *16 21 14% 28 99% 14% 16 Va 203/4 98 0 Oct 50 99 *16 20% 14% 22 433/4 19 28% 99 *98 20% *963/4 Jan Jun 5% 28% 99 J- 34 % Jun 30% 19 28% 100 BOe C series 28% 99 *98 ; 143/8 3 22 36% 8ep 40% Jan 101% July 27 21% 18 98 *14% 16% *16 16 7/s *21 Va 17% *96% 14% 27 Jan Jun 3.75% *16 ■14% Jan 29 Mar Preferred 17 21% 100 series B • 101% Apr 15 %< 98 173/4 *963/4 98 *14% 21% *16 17 17% 17% *963/4 14% 6 Va Jun Jun 26 6 34% Mar 17 102% Mar 21 28 17 31 May July 26 96'% May 24 100, 4 5/s May May 10 18% 98 Elliott Co 5 % % 5% 10 common 10% 113/8 11% 11% 21 21 20% 53% 53% *52% 50 *49 15,400 *11 % 11% 113/4 1134 113/4 11% 1,700 20% 20% 20% 21% 21% 21% 2,400 52 % 56V2 *52% 56% *52% 56% *48% 50 20% 61 50 convertible preferred *37 10 % * 100 50 49 49 48 % 48% 49'% 49% 3 preference El Paso Natural Gas 23% 23% 23 23% 22% 225/8 22 22 3/8 22 22 % 8,300 19 17% 18% 18 18% 18 Va 183/4 18% 18% 5,000 15% 49,300 40 8% Jun 14% Dec 13% Feb 22% May 17 Emerson 4 18% 12% July 12 20V4 Jun Emerson Radio & 13% 13 Va 14% Jan 1~8~% Not 16% July 13 20% Mar 17 Empire District Electric Co 0 10 13 Va 14% 173/8 17% 17 17 Va 163/4 163/4 16% 16 5/8 165/8 16'/8 1,000 X29% Jun 35% Dec 29 % Jun 27 33% Jan Endlcott Johnson 25 30 30% 29% 293/4 30 Va 30% 301/4 30% *30% 30% 1,400 100% Jan Dec 100% Jan 10 "4% Jun 105 15 18% July 26 7" Dec 6 July 12 104 1 3 July 12 24 y4 Jun 5 9% Jun 14% Jar 10% Jan 13 7% May 15 15 Va July 26 48% Jun 61% Jar 51% Jun 27 64 July 27 68 Jar 60 9 66 May 25 55 July Jan 5% 3% Peb Dec 4% July 13 6% Jun 10% Jar 8% Feb 6% Jun 11% Dec 8% July 13 2 Jun 5% 33 , For footnotes see Jun 14 27 2% July 26 eage 22.'- 6% May 5 4% Electric Erie RR Williams Mar 21 10 6% 63/g 14% 14% 15 60 61% ..60% 59 *59 63 *59 $ 5 5 5 103 19% 14 3/8 *1011/2 19 143/s 103 14% *101 Va 19 103 19% 193/4 18% 6% *6% 63/8 6% 6% 6% 6% 9,300 143/4 15% 14VJ, 15 Va 14% 143/8 98,800 613/4 62% 63 64 63% 633% 3,800 *58 63 « *58 63 5% 5 5 63. *5% 19% 5% *58 5 14,600 63 5% 1,900 5 ; 12 5/8 123/4 12% 12% 12% 135/8 133/8 14 13'/a 14% 13,100 1 : Corp 13% 19% 10 Co Inc Buffet 20 Va 6% 100 : Corp Ex-Cell-0 Corp Exchange 19 5/8 Jfo par preferred series A Erie & Pittsburgh RR Co Products *101% 103 1 common Evans *1015/a 103 *101S/8 8.50 5% Eureka 13% 133/4 _100 Equitable Office Bldg Ever sharp 41/4 Jan Corp common Equitable Gas Co 14 % July 28 44 Phonograph preferred 12% May 8 Mfg Co 9% 9% 9% 95/8 9% 9% 9% 10 10% 10% 9,000 v 38% 38% 37% 38% 38 3/8 39 8,000 3% 2% 3 400 2.50 3 39 3 - ' 38 *2% 38 2% 37% *2% 3 3 Number 4929 Volume 172 The Commercial and Financial Chronicle . . , NEW Range for Previous Range Since Jan. 1 Lowest Highest $ per share YORK STOCK RECORD STOCKS Tear 1949 Lowest $ per $ per share NEW YORK Highest share 15 (391) LOW AND HIGH SALE PRICES STOCK Saturday S per share Par Tuesday July 25 Wednesday July 26 Thursday S per share t per share t per share Monday July 22 EXCHANGE July 24 $ per share t per share Sales for Friday July 28 July 21 $ per the Week share Shares F 34 Jun Jan 37% Mar 10 45% Mar 27 Fairbanks Morse ft Co 19 Feb 25% Oct Apr 8 Oct 23% Dec 22% July 3 14% Juiy 28 26 19 y* 22 % Jan 7 12% Aug 11% Mar 15% Oct 13 July 26 17% Jun 2 Pajardo Sugar Co Falstaff Brewing Corp Family Finance Corp common 15% Dec 10 38% Jan V* J Hi. J 35% Mar 11 41 % Jun 20 16 V2 July 20% Jun 12 32 41% Jun 14% Jun 18% NOV 3% Jun 24% Feb 36 Dec 95% Mar 104 6% 43 Jan 10 56 Dec 52 69 Dec Jan 31% Jan Jan 104% Dec 18% May 28 13% Jan Feb July 17 10% July 13 22% July 26 103% Feb 27 May 44% 23% 14 % 14% 14% 13% 13% 13 13% 13 13 y4 13 Va 13% 17 17 Va 17% 17 17% 40 40% *40% 41V4 41% 41% 18% 18% 18% 19% 5% 5% 5% 5% 19% 5% 3,800 40 6.500 17% 17% 17 Va 40 Va 40% 17% 40% 18% 18% 18% 18% *18% 5% 5% 5% 5% 5% 1 . —2 3,400 2,300 3,700 6,000 3,900 1,300 17 700 37% 38% 38% 40 39% 104% 104 % 1C4% *104% 104% 104% 105 104 Ye 104% 180 5 10 10 Va 10% 10% io y8 10% 10 V4 10% 10% 10% l 17 17 Va 16% 17 16% 16% 17 l7V4 17% 17% 37 36 y* ♦104l/4 10 STOCK 25 EXCHANGE 37% 54 56 y4 55'/a 38 52 55 62% 62% 62% 62% 63% 106% "105% 106 Va 105% 105% No par 67 y4 67% 65 66 *66% 11% 23 % 11% 11 11% 22% 23% com preferred CLOSED ,100 First National Stores . $4 preferred July 17 27% Feb Dec 16 July 13 20% Mar 17 2 * 22% Mar 23 No par — Florence Stove Co 24% 106% W t _No par 19% 16% 17 Florida Power Corp Florida Power ft Light Co 65 Va 66% 5,700 105% *105% 106% 53 54 64 105% 66 Va 67 68 68 1,100 11% 11% 11% 11% 11% 2,000 23 21 Va 24% 15,700 23 22% 23% ♦106 ' "106 106 106%' ♦106 1,800 19% 19% 19% 19% 19% 20 16% 16% 50 " 107% 20 ♦19% 30 68 11% *1P6., .106% 19% —7% _ 53% 1,800 4,300 3,000 65% 53 54% 62% ♦105% Firth (The) Carpet Co No par Plintkote Co (The) common—No par 76% Apr 3 14% Jan 20 33% May 1 106% July 3 19 17% July 13 25% 14% 40 4%% Jan 18% 44% 25 y8 44% 24% 14% 5 Firestone Tire ft Rubber 9 » 43% 25 14% Ferro Enamel Corp Fidelity Phoenix Fire Ins N Y 22 67 108 43% 24% 15% 13% 13% 43 24% 14% Felt ft Tarrant Mfg Co 8 Jun 13 15 65 17% 83% Feb July 13 52% Jan 105 1 43% 24% 15% 15 43 24% ♦24% 1 Federal Motor Truck No par Federated Dept Stores common 5 4%% preferred _100 22 106% May 25 13% Jan 12 22% Jun 9 3 July 24 43 42% 20 Feaders-Quigan Corp Federal Mining Si Smelting Co Federal-Mogul Corp 6 42 Va Jun 16% July 13 Dec Jai 107% Mar 11% July 21% Jun 98% 103 81% Dec July May 53 Sep 17% 63% July 6% May 14 33% July 17 20% Jan 10% Nov 12% Jun 105 4% Feb Jan 18% May 10 3 No par 16% 16% 18 V4 16% 16% 16% 4,000 10,400 No par 18% 18% 18'/a 17% 18 17% 18% 15% Oct 13 Apr 5 15% Jan 10 Florshelm Shoe class A -No par ♦13% 14% *13% 14 % 14% 14 *14% 14% 200 Sep 24% Jan 11% Jan 3 16 % 16% 15% 16% 16% 16% 17% 16l/a 17% Feb 14% Jan 3 Follansbee Steel Corp_ Food Fair Stores Inc 10 8% 17% May 2 19% Feb 27 *13% 16% 18 14% 17% May 9% 15% 16 15% 16 15% 16% 16% 16% 16% 17 13,200 6,600 Food Machinery ft Chem Corp 3% V convertible preferred 28% 28% 29 12 Apr 14% Dec 29% Jan 30% Jan 18 78 May 92% Nov 84% July 17 96% Feb 10 89 July 96% Oct 94% July 21 33% Dec 27% July 12 25% 24 99% Apr 24 36% May 22 25% May 20 20% 19% Feb 21% Jun 8% Nov 8 Jun x38 Feb 11% Jan 16% 67 Dec 12% Aug 10% May 60 Nov 24% Mar 30 ran 40 9 Ve Jan 3 16 8% July 12 56 July 14 17% 23% 14% July 19 Dec 20 Feb 78% Jun 8ep Dec Feb 75 Mar 3 Jun Apr 25 5% Jan J Jun 7% Oct 7V4 Jun 29 Jun 18% Dec 16% Jun 30 CP/a Apr Jan 19% Feb 26 Jun 9% 67% May 20 82 4% Oct 10 7 4% 6 11% Jan 16 14% Apr July 25 6 31% Oct 41% Jan 32 13 Feb 17% Dec 16% July 24 15 Jun 19 Apr 17 Va ioy4 Jun 16% Dec 15% Jan July 25 July 12 3 9% Apr 13 17 9% May 19 18S tan 28 9y4May 4 32% Feb 21 Jun 23% Jan 17% Jun 13% Jan 19% Dec 17»/4 July 13 20% May 22 21% Jun 13 103% Jan 11 107 % July 14 41% Sep 99 6% 107 48 V4 Jun Nov 106 Jan 163% July 0% 152 3% July 13 Feb Jan 105 Oct Feb 15 Dec 6 Jun 10 Jan 45 29 6ya Apr 18 30% Apr 29 3 53 V4 Mar 3 101 % July 13 105% Mar 8 lor Jun 9% July 13 July 9% July 13 146 U fan 166 31 8 18% Jun 12 6% Mar 29 Jan Feb 12 J % Jan S July 13 13l/2 Jan Pruebauf Trailer Co Gabriel Co (Thet 6ft General American 9 4ft 4ft conv 39% Jan 48% Dec 45 93% 99 % Api July 13 July 17 13 y6 jar July 28 Jan 100% Dec x6% Jun 44% Jun 13 V4 56% Dec 123% Jan 128% Jun 51% Apr 124% Jun Apr 112 Dec 105% July 28 97 0 8% July 12 Jan 18% Jan 11 138% Jan 9 50'/a Jun 12 51% Apr 6 103 Va July 13 V2 Apr 3 21 2nd 7ft t per t per share 12 127% Mar 7 105 7/a Jun 2 15 July 13 23% Apr 26 July 26 19% Sep Dec 38% 4% 20% Nov 20% Jan 124% Feb Dec 7% Nov 24% Jan Jun Mar 34 Dec 99% July 22% Jan 122 Jan 31 18% Jun 99% 15% • 27% Dec Apr 102% Jan 6 July 21 July 13 30 y« May 101% Jun 22 Jan 25 101 Jan 10 3 Sep 73 5% 24 Jun 12% Jun 37% Dec 31% July 13 79% Jun 9) Jan 91 19 1&> 10 July 17 2% July 12 53 Dec 10% Dec July 21 7% Jun 27 116 Jan 106 % July 20 19 Sep 13% Mar 24 72% Deo Jun Jun Jun • 98% Jun 10 * Aug 45% Jan 106 Sep 69% Jan 3 101% Jan. 20 43% Jan 13 103% Jan 13 16% Mar Jun 10% Jun 1 7% Jun 8% Apr 27 1% Jan 3% Jan. 1% May 5% Feb I 104. 28% May 27 1 86% July 20 July 20 Jun 52% 102% Jun May Jun ' 30% May 11 32 V2 Jun 12 15 14% 400. 4 80 *9r % ,34 May 7 13% Apr 80 Jan 28 V* Aug Jan 2 25 4 25% Dec 5% 7 Jun Jan far- 65 7% Jun 8% Jan 68 Feb 17% Jan 80% Oct July 29 42% Jun 100 Jun 3 2 7 18% July 27 85 July 24% Jan 5 1] 31% May 3 58% May 9 12 Feb 2 112% Jan 11 18 Jan 9 99% July 28 105 July 26 55% May 31 108% Jun 20 13% July 27 2% Feb 10 18 Apr 18 30%->Dec. 28% Jan, 16% Jun 20% Mar Jan 4 37% Feb 28 24% Jail 4 40% May 12 28% Dec 16% Jan 25% July 3 29% Apr 14 101 Dee 29 100 Mar 3 103 16% Apr 36% Oct 11% July 13 Apr 3 17% Feb 28 32% July 14 37 Apr 28 14% Sep 43% Jan 12 Jar. s 15 July 27 33 % Jun 33 Jun 29 16% Jan 133% July Oct 18% Apr 17 144% Mar 137% Jan 65 Jan 3 93% Apr 11 Jun 32 Jan 11% Jun .r 62% Dec 33% Mar 11% Jun * 19% 67 Nov 43% Dec 14% Mar 9% Oct 12 July 93% Jan 100 July 15% Jun 5 Feb 9% Jun 41 Jun 56% Jun 16% Jan 20%. Apr 7% July 14- Jan 54% Dee 71% Jan 22% Dec For footnotes see page 22 YORK 6 36% July 28 13 lai 4 9% July 17 95 Apr 17 13 44 % Jan 22 Mar 10 7 151% Apr 26 71 Jan 45% Mar 30 7 17% May 23 11% Jan 100 Tan 11 29 3 32% July 27 11% July 11 12% Jan 1 17% Apr Jun 30 18% Jan 6V4 Jan 49 19 59% Jan 25 59% July 25 72% Jun 23 18 y2 Jun 30 24% Jan 13 3;ioo 16% 16% *17% 18 17% 17% '*17% 18 y4 *17% 18% *17% 18% 100 21% 21% 21% 22% 22 22% 22% 22% 22% 22% .8,200 1 5 5Va 50 1.66% *24 4% 4% 5 4% 5 25 *24 25 18 18 '/a 18% 18% 18% 18% 19% 19 19'/a 18% 18% 18% 18% 19% * 106 V2 107 Va 107'/a *106% 107'/a 106% 106% • 101 Va 50 % 9% *147% 16% ', ; *106% 51% 51% 105 50% 106 51 50% 51 *101% 51% *101'/a 25 106 *101% 106 9% 9% 9% 148% 16% *146% 148% ♦16% 16% 700 7% 7% 7% 7% 8% 8Va 8% 24,600 *63% 63% 26% 27 28 28 14'A 14% 14% 15 15 9 52'/a 8 14% 110 126 " % 8% a 74 53 53 107 o • ri«% 108 *106 I per share t per share 82 83 * I per share 112% 110 110 44% a % 800 16% 26% 27% 27% 29 13% 14% 14% 2% 2% 29 26 27% 13% 1«>% $4.50 preferred 24% 28 102 .'25% 25% 28% 102 25% 24% 24V4 28 *27 33 > 28 *102 103 st 25% 25 - 28 y4 *102 ♦87 90 *87% 83 *78 83 *79 83 12% 37% ♦91 16% *83 13% 12% 83 12% 37 91% •89% 16% 16 16% 16% 86 91 - *83 85 *83 *89% 17% 17% 91 17% 17% 25 2,800 5,400 16% 16% 17 24 24 24% 53 53 53 53 89% . *103 Mi ; 51% 91 104% *51% 54'/a *51% 54% 8% 8% 8% 8% ♦106% 14% 90% 91% 90% *103% 104% 104'/a 52% 53% 108 14% 94 Va 105 54 Va « *l06Va 108 14% 15 95 *104 54% 97% 105% 55% 106% •: 106% 106% 106% *12% , 53% 10ft ' 12% 12% 12% 12% 13% 13% 13% 2% 2% 2% 2% 2% 2% 2% v r- 53 8% 8 8 *7% 106 8 *106 8 100 24 y8 16%- 23% 8% 5,900 5,500 85 16% 14% 91 100 24 Va 108 38 *89% 32,400 16% 8% 12% 37 18% 24 14% 83 12% 84 V2 17 *106% 40 90 18% 25 8% 1,300 7,400 84% 16% 14% 900 560 13,600 18% 24% 108 26% 25% 12% 37 37% 28% *79 *79 12 »/8 37% 91% 25% *87'/a , 5,900 103 *102 90 11% 36% 27% 33% 28% . 6,500 110 24% 26 37 92 *83 28% 0% 33% 109% 24% 2,700 122 27% 27% 33% 110 103 14% e v4 0% 12% 38 86% *118 *87% 90 ♦78 122 25% 25% 89 109 8% ; *51% 8% 54 Va 8% 108 107 15 15 97 99% 200 2,900 60 2,100 14,400 55 104 y2 700 55% 104% 15,100 109 *106 13% 13% 2% 2% 8% 8 600 4,400 112,100 3,500 31 - ;■ : , 31 y» 30 30% 29% 29% 29% 29% 29%. 30 v4 39% 26% 40 39 39% 39 39 Va 39% 39% 40% 2,600 6,400 27 26% *101% 26 % 26% 27% 27 39% 27% 27% 27% 1,800 102% 101% 13% *13% 13% 33% 33% 33% 102 *101 102 420 13% *13% 14 500 34% *33 34% 109 *101 101% 101% 13% 13% *32% 33% i4y« 14% 14% 14% 14'/a 14% 14% 15 14% 14% 6,100 40% , 41% 41% 42% 41 42% 42 42% 42% 42% 26,900 20 y4 2,800 20 149% (. *68 37y4( 17. 1 13% 33% 20% 19% 20 149% *148% 150 70 *68 70 *33 90% 20 20 *148% 149 % 70 *68 *148% *68 149% 70 20 149 149 *68 30 20 70 36% 36% 3,600 37% 37% 37 37 36% 36% *16% 17% 10% 16% 17 y» 17% 17 17 10 9% 9% 10 Va 10 10% 10 10 y« ♦97% 31% 98% 32% *97 V? 98% *97% 32% 32% 31% 32 10 % 9% 10% 10 10% 9,000 14% 29.700 10 9% .100 ——_1 Gnantanamo Sugar common -—1 ♦97% 98 Va 96 V4 98% ,30% 31% 10% 30% 32% 9% 10% .9% 13% 17 37% 3 —25 73 103 27% *102 ■ji" ♦87 - No par 26% 26% 26 24% —10 Gulf Mobile ft Ohio RR com.No par $5 preferred— — -Nopar 0% 6V4 24% Goodrich Co (B F) common—No par $5- preferred No par preferred 6%' 25'/a 8% Grumman Aircraft Corp •lift 122 109% 14% 1 20% ♦118 109% *106'/a Greenfield Tap ft Die Corp..No par Greyhound Corp (The)— 21% 109% 1 Grayson-Roblnson Stores com.. 1 $2.25 conv preferred——No par Gt Northern Iron Ore Prop—No par Gt Northern Ry 6ft pfd No par Great Western Sugar com No par 7ft preferred —100 Green Bay ft Western RR—.....100 21% 109% 109 Granite City SteeL No par Grant (W T) Co common—. 5 3%ft preferred' —109 21% 108 —10 ■ 23,500 21% 21% 111% 50 Goodyear Tire ft Rub com_—No par $8 preferred ! No par Gotham Hosiery-No par Graham-Paige Motors Granby Con sol M 8 ft P—. 15% 110 No par 2.50 Goebel Brewing Co ey8 14% EXCHANGE No par Gold ft Stock Telegraph Co— GoodaU-S&nford Inc GVs 26 15 2% 26% 33% 5 4%ft convertible preferred— 122 14% 2% *33 5 Gleaner Harvester Corp— Glldden Co (The) common 21% 21 2% 15 2% 14% va 33% 100 3%* preferred -100 Georgia-Pac Plywood ft Lumb Co—1 Gillette Safety Razor com——No par $5 convertible preference No par common 3 15% 1j ♦32 — com 2% 15 700 1,200 10,400 5,900 10,600 STOCK 24% 121,100 16% L>-/fc CLOSED Shares 16 27% No par General Telephone Corp 20 General Time Corp common—No par 4%V preferred 100 84% 16 13% pfd share 104% 30 % 6% f per share 104% 13% 26 Sales for the Week 108 29% 26 Friday July 28 *105 —1 6% 200 105% No par 1 270 105 7/a 125 No par No par 126% 105% 82 Va 16 Refractories- 126% 108 124% 15% General 126% 81% 16'/4 *16 *118 2,500 124% 16% 21% 5,400 80% 16% 122 600 9 53 124% 105% 21% 102 8% 53 81 % 124% ♦118 102 9 53 124% 105% No par ,.100 10c 102 78% 124% preferred , , General Realty ft Utilities- 7,300 S v' # per share 105% Railway Signal com., 31,700 45% 81% 78% 125 6% 46 Va 45 July 21 104% 3 '260 45% Thursday July 26 104% 15% 113 vll2 46 PRICES Wednesday ♦124% 2% 1,100 *104 No par 15% 1,100 14% *125 108 No par 5 112% 8% 124% 10c 27% 46 53 125% *104 65 27% r *101% ,/ 53 53 120 65 114 Va 65 45% 102% 102 20 45% 45% /S-/4 HIGH SALE Tuesday July 25 Monday July 24 10 , 102% *102 126 ( 45% 45 9y8 107 110 109Va 53 100 2,666 9% 16% 63% General Public Service Gull Oil Corp _ Gulf States Utilities Co 3,000 *146% 14 Va Par Common 70 51% 106 9% LOW AND (H L) Co Inc 106% 50% 16% 26l/a Saturday t 106% *101 Va 147% 63% July 22 Grand Union Co (The)—; 10,500 9% 26'/a l General Tire ft Rubber Co 4% ft preferred 19% 16% 63 Va No par Equip Corp 1,600 19% 146% 9% 149 16 26% 14% 800 18% 16'/a 9% *147% 16% 63'/a 110 4,700 25 7% 9% 149 26% <5 800 1,200 18% y8 63'/a No par , 5 *24 25 18% *24 34 4% 5 25 Va 18% 7% General Portland Cement Co 4% ft 7% 7% ' *33% 50 •5 preferred Preferred $3.75 series Gen Outdoor Advertising Green 17% 16% , Glmbel Brothers - 7% 33% Qenerar Motors Corp common Gen 7y8 7 3,100 8,600 8% *17V8 _ 16% STOCK 128 64 48 24% Feb 17 126% Feb 23 8% 17% 33% preferred 30 23 Jun 3 8% 8% *17% 260 7% 7% 7% 8% 6% 6% 7 y4 7% 17% 7,200 81% 16% 100 convertible Shoe Corp Gen Steel Castings $6 24% July 27 Mar 6% 7Vb . 8 ♦i7y8 24% 24% 33% preferred— Genera! 19% Jan Dec 7% 17% 102% 27% July 28 77% Jan 17% 7% *17Va 600 16 Va Corp com 35 77% 21 11 7% 7% 7% 100 2 27 July 12% Jun 72% July Jan 3,100 15 32 Va General Public Utilities Corp 22% Jun 7% 8 17'/a 100 18% Feb 20 67 Apr 38 64 *80 No par Geo Precision 21% Jan Jun 81 62% 24% 80% 7% 5 17% Apr 21 4y4 Mar 23 120 Nov 24 24 Va 81% 5 14V4 July 13 17V3 July 3 3% Dec May 24% 79% 7% No par 12Va July 12 2% July 12 16% Mar 120 24 79 9,900 16% Inc com 4 per share 99% Jun 6 17 24% 78% *17% EXCHANGE 15 11% Jan 15% Jun 24 79 16 9% *14% 15 24% - 13 *14% 23% ♦101% NEW 61% 15 160 25 32 General Mills common Highest 61 79 No par 3% ft 60% *14% 15 *24% 25 16% $3.50 preferred Instrument Corp 5ft *24% 32 General 8 share 68% Jai *14% 47% 3 Mar 122% Jun Feb 15 47% 115 102% Jan Jun 62% 8% 61% 61 62% No par 129% Mar 127% Sep 11% July 2% Jun 9% General Foods 13 104% Dec 13 15% 9% 46% 8 123% Jan 22% 15% 9% 45% 57% Mar x97 Jan 15% 8% STOCKS 72% Nov Jun 15% 8% 8% 9 No par 20 Lowest Highest t per share 24 15% 17 preferred Range 81nee Jan. 1 Year 1949 51% 30% 24 16 General Electric Co Range for Previous Lowest 30% 24 15% 34 preferred General Cigar Co 30% 24 15% 7 1st preferred 9 29% 24% 16'/a com General Bronze Corp General Cable Corp com Jan 41 60'/a "♦14% 30 2 General Baking Co common $8 preferred 30% Jan 108 9 $4.50 preferred 100 General Amer Transportation 5 $4.25 preferred series A No par 75 Apr 14'/8 Investors com—1 63 Va Mar 31 Apr 29% ♦24 300 1,900 33 4%ft convertible preferred Gaylord Container Corp 25 Dec ; 40 31% .7o par No par Gar Wood Industries Inc Jan 42% 31 4,700 96% 5 (The) Jan 20 31 *87 50 (The) Gardner-Denver Co 31 139% 31 1 convertible preferred 79 Va Jun *95% 1 Apr Jun 96 20 (Robert) common preferred Gamble-Skogmo Inc common Jun 34 96 1 common 6ft Jun 129 87 96 - Galr Co Inc 17 29 86% *95% loo 65% Jun 88% 95% l preferred 24% 14 28% *87 29% 88% 28% 88 lo Froedtert Grain ft Malting Co Xnc.i Garrett Corp Jun 29% 88 94% 25 Freeport Sulphur Co 22% July 25 Jun 27% 94% No par Gameweil Co 3% 28 88 94 Va lo prior preferred— Francisco Sugar Co Franklin Stores Corp 39% May 9 20 V8 Apr 25 19% Mar 16 21% 15% 27% ♦86% 100 Foster-Wheeler Corp common 4* » 10 100 3%% preferred 8ft • l 18 10 98% 700 41,900 60 23,200 l«y4 17 16 17% 16% 17 Ve 16% 17% 16 57 58 58% 59% 59 y4 59% 58% 59% 58 y4 59 68 y4 67% 68% 68 69% 18,300 19% 19 Va 19% 19% 19% 6,400 67 68 y4 67 68 V4 67 19% 20 19 19% 19 • V, 3,100 Chronicle The Commercial and Financial 16 . . Monday, July 31, 1950 . (392) YORK NEW 4 Lowest Highest $ per $ per share share S per Share I per Par share t per share $ per I per share H 31 Jan Dec 39% 31 22 % Apr 46% Feb July 18 14 Hackensack 23 Haljiburton 16% Jun 24% Dec 20 31% Jun 12 Jan 14% Dec 13% July 25 15% Jan 12 Hall 11% Jun 13% Dec 11 % Jun 14% Jan 12 Hamilton 72% July 104% Apr 81 20% 3 Jul) 30 Dec 64% Jan 5 75% Jun 10 9% Jan 3 83/4 Jan 7 19% Feb 25 Dec 20 % July 18 24 % Jan 10 20% Jan 25% Dec 25 Juiy 17 33% Mar 16 84 Jan 95% Dec 93% Feb 98% Apr 37% Dec 33 July 14 Oct 103 Mar 20 5% Jun 30 Jan 98% Jan 105 Julv 5 3 Dec 26 July 13 Jan 42% Dec 39 July 14 44 13% Jan 17% Aug 14 Jun 203/4 Mar 40 Jun 53 122% Dec Feb 131 Sep 26% Mar 45 Dec 52 Nov 53% Dec 51% Nov 52% Dec Xl3% Aug ,14% Jun 77 Dec 49 29 53 48 7% May 12 Feb 5% 21% Jan 21% Jan 10% Jun 84% Sep 683/« July 24 , 6 , 3%% Hotels 4 Hilton 17% May 22 Hinde 16% May 9 Hires 22% July 13 31 8 Holland 8% May Jun 12% Dec 11% Mar 15% Dec 143/4 Jan 4 12% Jan 20 ' Jun 15% Sep 12 29% Dec 14 6 11% July 12 May Jun 8% Jun 15% Oct 10 % Apr 5 14% May 10 Hollander 16% Jun 22% Jan 16% Apr 18 19% Jan 9 Holly 24% Mar 28% Sep 25% Jun 12 29 % Mar 7 5% 50% Nov 31 34% Jan x24 Apr 100 Jun 04% 8ep 34% Dec 116 Dec 13 Jan 13 132 12 107 103/« July 13 14 Jan 9 101 % Jan 9 $4.50 2nd May 24 $4.25 pfd series A Dec Jun 13% Dec 30 Feb 35% Nov 29% July 27 34 Jan 10 28% Jan 41% Nov 293/a July 13 38 '% Feb 10 Household 86% Jan 99% Dec 94 9934 Mar 28 46% Jan 13 29% Feb 48% May 44% Oct 104% July 14 563/4 Jun 19 38% Jan 12 12% Jun 16 15 103 42% Jun 31% Jun 4% Oct 46% Jan July 3 593/8 May 19 Houston 193/4 Apr 27 Howard July 25 33 443/4 Jan 9 Howe 11% Dec 7% Jun 27 17% Dec 11% July 21 17 Jan 35% Mar 43% July 27 13 33% Jun 0 47% 9 Feb 14% Oct 8% Nov 11% Jan 8% Jan 2% 18% Jan 13/4 Jan 3 Dec July 13 16 15 29 25% Apr July 17 Co 21'% 21% 21% 4,500 27 *26% 27 95 *93% 94% *93% 94% *93% 94% 34 % 34% 3 4% 34% *34 104 104 104y4 *104% 27 26 26% 39 *39 153/8 15 3/8 52 3/8 ,* 'j.'• 17% . 33 - • 35 114 103 11% *30% 1 32 . ; ' 95% '*104% 1 Year 1949 Highest $ per share $ per 15 15% 49 36% ' 53% *523/4 533% 53% 523/4 523% *52 3% 17% *17% 12 12% 18 123/8 13% 70% *69% 53 % 173% t *69% 70% 69% 70% 200 I3 13% 3,200 13% J 16 16% 16% .*-• 12% 12% 12% *12 13% 600 23 23% 4,000 11 11% 1,000 13 16 16 12% 23% 233% 23 *10% 10 5/8 10% 103% 16% 23% 10% 17% 17% 26% 27% 36 34 *114 33 117 *102% 104 10% 11 11% 11 30% 30 30 313/a 313/8 30 30 96% *96 97 96 % 105 *104% *104 % 105 49 51 47% 49 50% 51% 493/4 17% *16% 343/4 33 17% 33% 3,900 30% 700 303/4 2,300 30% 30% 96'/a 96% j. *104% 105 48% 493% 17% 483% 120 96 V8 105 47% • • ' 48% 2,800 52% 14,500 7% 12" 11 % 113/4 *11% 43% 423/8 43 42% 495% 515/a 51 % 173% *16'% 173% *16% 173/4 200 33% 33 7% 7% 30 10 11% *29 3/a 29% 30% 100 104 11% 30 96% 1,100 34 118 11% 32% *104% 34 *102% 104 11 953/4 10 19,000 34% .? *115 116 116 *102% 104 1,100 28 33% v' 800 16% 18 18 *27 , 34 32% 114 *102% "*•. 34% 323% 33 114 34 115 103 ?/ 28 *27 32% 313/4 18% 18 28 *27 32% 31 173% 175/s 17% 27 , 1,200 11,600 13 12% 23% 8 100 I*: *523% !" 12% 23% 105 400 18 •10% 31% 3,100 12% 10% 11% 36% 53% 12% 23% 34% 50 125 353% 53% 53% 12% *12% 12% *123% . I 16 16% 1,400 5,300 18 12% 12% 13 15% 49% 18 12 70 *69 30 15% 53% 52 3 4 1,500 26 Ve 49 i a;. 53% 51% *11% "■ 42% 35 17% / 49% - 123% 34% 35% 35% 34% *7% - 123% 125 *124 124 % 500 240 105 40 *39 493% 17% . 100 333% 343/8 34% 35% 5,000 7% 7% *7% 7% 113% 113% 7% 113% 43 43 43% 423/4 14% 143/4 400 43% 15 *11% *• 500 12 9,600 11,800 143% . i' No par ■ V ; • 14% 14% 14 14% 14% 13% 13% 13% 13% 133% 13% 35/b 17% v 1 15 13% 12.50 _6.66% 3% 3% 3% 3 % 3% 3% 33% 3% 3% 7,700 173/B 16% 163% 163/8 16% 16% 1,400 Monday July 24 Saturday July 22 Par f per 163/4 17 17 14% 143/b 5,400 15 . LOW STOCK EXCHANGE $ per share share 14% 49s/8 49 51 ; ' Sm Ltd—No par YORK NEW Range Since Jan. 1 Highest Lowest 14% 49% *52% V" 533/8 69 *26% - 40 *39 15% 34 12% 12% *15% *12% 23% 10s/8 26% 51% *124 68 3/8 } *104'% 26 4;»% 52% 38 •53 40 105 14% 124% 34% 26 263/4 *39 40 94% 34% ) 105 105 26 200 27 *93% 34% 39 <*'.. 21% V 27 34 12»/s I t per share 21% 27 21 *26 % "STOCKS Bange (or Previous Lowest 20% 27% 27% common—100 preferred Hunt Foods Inc 13 21% 6% 21% 533/8 No par 25 c Hupp Corp Hussman Refrigerator Co 22 8,900 *52% —I 5 Hudson Bay Min & Hudson Motor Car July 28 43/8 Apr t v Manhattan & 2,100 6% *17% .'18' 100 100 Corp non-cum 93/s 5% 37 common—No par of Texas Sound 5%- Mar 13 17 % Apr 12 1% May 10% Jun Oil Stores Hudson 11% Mar 13 Jun 8% Jun Finance preferred : 4% preferred Houston Light & Power Mar 22 9% 5% *124 -No par 50 33/4% 9 9% 5% X No par Houdaille-Hershey com $2.25 conv preferred Jun 9% 53/8 • No par 101% 9% 9%. 5% corn—_5 Co preferred May 9% 6% t *26% .,10 30 12.50 Corp common preferred Mining— Electrochemical Hooker 40% May 10 32% Jan 109 9aa ; 5 & Sons_ (A) conv 10 74% 104 .—5 Sugar Homestake 11 47% Jan July 25 Co Furnace 73% 5% 34 5 ,10 1 Co Paper (Charles E)__ 1,300 1,600 73% ; 9% *94 r 100 Corp Dauch & Co 74% *73% common. 1 Corp *73'% 24% 6 6 93/8 20a/4 100 No par „50 50 preferred series A 145 23% 74% *26% . —5 Chemical Heyden 7 5,400 6 •• 6 5% 74% 24% *141 24 6 200 23% 145 24 60 1063% *73% _ , - No par Inc 900 72 1063% , 24% 23% *141 24 6 5% 57/B 6% CLOSED 10 common 6 12% *11% *71 107 1063% 145 23% 2,400 9% 25 preferred series A preferred series B 4%% Hewitt-Robins 18 % Jan Jan Powder 24 11,300 14% "" 23% 23% 145 ; 24 300 28% 14% r 12'% 72 14'% 107 1063/4 *141 *141 . 14% 12'% 72 31% 28 5/8 V 12% *71 23% 23 23% 145 5% No par preferred 107% • 100 Motors- 4%% 3 18 80 27 common common preferred non-cum Hercules 8 533/4 Feb 223/4 Feb x51% Apr 21 15% July 14 Co 107% *106% 133% 11% 12 71% 31% 31% 283/8 27% Shares share *73% 100 25 preferred 12 7134 25 STOCK EXCHANGE —5 - 12% *31 73 13 3/4 14 13% 14% 72% 24% . -15 Hershey Chocolate com 1 Jun 56 July 25 J) (H Hercules 3 127% Mar 13 6 34 *141 4 ———-2 , Co— 22 % . : 100 ,„—10 Marx Corp Glass Hqjfrie (G W) Mar 10 58% May 19 July 27 123% July *1063/4 coin__No par & preferred 3.65% 337/8 Mar 16 32"% 34% Refrac *71 3/4 , pfd__No par Mfg Heinz 9 6 23% Jan 12 "—100 Hecht Co common 33/4% Jan 14% —5 No par com common——1 100 Industries Inc.,—— X Hazel-Atlas 5 106% Jan 41 28% Hayes 26 Jan 11 8% July 13 27% Corp of America 4%% preferred 10 Oct 31 28 Hayes 73/8 Feb Dec 31 27% preferred Hat 3 10% 31 28% Co $4.25 A> Schaffner Hart 5% Jan 68% ' 12 31% 27% preferred (M 6% Mar 31 27% Jan Watch Co Harbison-Walk 243% July 28 148 23% July 17 Well Printing Co F) conv Hanna 5 Nov 7% Jan Jun Jan 141 25 % 4% Jan 6% 20 Feb (W 4% 8 Jun 108 11 Apr Jan 149 Jan 61 104 Nov 23% May 80% Feb 66% July 13 108% 18% Nov 142 Jan 15 *31'/a 31 25 Cementing—5 Water Oil the Week July 28 July 27 far Sales Friday Thursday Wednesday July 26 t per share t per share share SALE PRICES July 25 Tuesday Monday July 24 Saturday July 23 STOCK EXCHANGE Highest Lowest YORK NEW Range Since Jan. I Year 1949 AND HIGH LOW STOCKS Bange (or Previous $ per RECORD STOCK $ per share share AND HIGH July 27 $ per S per share share Friday Sales for July 28 the Week Thursday Wednesday July 2(5 July 25 $ per PRICES SALE Tuesday t per share Shares share I 31% Jun 22% Feb.. 36% Dec 36% Dec 32 % 475/8 July 28 *34% Jan 25 Idaho Illinois 73 : Jun 20 Jun 25% 7% 21% Jan 29% 4 Jun 33% Mar 8% Jan 5% July 14 9 53% Dec 42% Mar 28 56 100 Dec 82% Jun 29 98 34% Dec 34 Jan 25 443/4 July 28 Jan 37% Nov 31 July 13 5 413/a Mar 23 Sep 10% Jan 513/s July . 55 Jun Dec Power Co 40% Mar 15 July 25 75/8 July 13 25% July 12 3 Jan 52 3/4 Jun 9 9% Jan 4 333/4 Mar 27 Jan 19 May 16 RR Indianapolis Power & Light—No par 27% 27% Electrica Industria Industrial De 1 71 Feb 2 6 175 Apr 10 455/8 July 28 Inland Jun 18% Jan 12% Mar 30 17% July 28 Inspiration Cons Copper Dec 95% Dec 925/8 Jan 1 Jun 2% Jan 9% Jun 13% Jan 1% Jan 25 123/4 Jan 13 xl45% Jan 22% Jun 164% Jan 5% Feb 234 Dec 29% 180% 10 Dec Dec 11 93/4 July 14 16% Jan 135 16 5 22 x98% Apr 31 3 1713/4 July 13 12 181 Jan 16 Dec 73/4 July 12 343/4 Oct 313/4 Jan 25 133/4 Apr 403/a Jun 22 Oct 83 88 Feb 24 3% Feb 6% Dec 4 31% Jan 133 Jun Dec 143 Feb 25% Mar 31 130% Feb 24 12% July 24 JJ% 94 iVs 43 60 Dec Jan Nov Nov Jun % Dec 103% NOV 104 Feb 5 3 • 7% 71 61 Feb 33% Jan 25 Feb 1 July 12 49% Jan 3 4%% Interlake 6 9% May 8 303/4 July 28 137% Jun 14 48% Jun 109 7 July 27 23 Jun 23 8 % Apr 12 64% Apr 12 7% Int'l Int' International Int'l Nickel of Preferred Packers $4 5% preferred Feb 52 46% Oct 38% July 18 60% May 27 463/b Jan 28 International Jan Jun 573/4 Jan 42% July 54% Feb 4 International 34 Jan 33 36% May 1 11% Apr 7% 14 Jun July 3 Jan 13 9% Jan 3 20 Dec 17 18% Feb 23 Aug 20 % Jan 24 Jan 34 Nov 28 July 17 4 July 12 Jun 32 Jan 136% Aug 148 Feb 24 7% Dec 18% Jan 145/a Jan 5 Jan 94 Dec 92% Jun 27 44 Jan 59'% Oct 54% July 19 95% Jan 105 % 5% July 18 103 Jun 26 30% Jun 50% Dec 36% July 26 29% 102 Jun 54% Dec 48 109 Dec Jun 3an 30% Dec 40 /a Mar «% Jun 12% 94% Jan 102 Aug 100% Feb 105 7/8 Nov x34% Feb 49"% Dec 33% Jan Intertype 141 Jun Feb Interstate 14 5 Jun Jun 22 Apr July 11 2% 73 19 27% Jun Island 27% "Jan 135 Jan 3 106% July 21 275/b Jan J3 81% Jan 13 23% July 17 25 45 35 11% 21 preferred Iowa II Dec 7% July 27 Jan 3 7% Jan $6 & Creek Coal Machine 70% Mar Jewel 1 63 Jun 23 109% Mar 20 367/e July 27 3,400 92% July 28 34'A Mar 6 9 Mar 24 13% May 16 25 103% July 13 43 July 3 103% Apr 10 109% May 18 57% Mar 25 4% Inc Stove Dec 57% July 13 64 Nov 1434 July 26 19 Mar 6 Jan IU72 Jun 13% Jau 9 Kayser 17% Jun 23% Dec 20% Jan 13 24% Jun 9 x!3% Kelsey Hayes Wheel Jun 19% Dec 16% Jan 30 21 % Jun 19 For footnotes see page 22 85 5 303% 137 13% 35% 12,800 188 2934 30% 29% *136'% 137% *136% 13 13% 43% 44% 189'% 28% 28% 29% 175% *174 176 8% 8% 56% 54 37,400 460 5.300 8% 37 3,500 38 *75 36% 83 ' 83 4% > 4% 4% 4% 30% 30% 30 30 *136% ■ . 30 3 ■ "" — 12,100 4% 4 137'% 37.200 170 1363% 137 13% 13% 14 13% 13% 4,300 44% 44% 45% 44% 45'% 46,500 137% 7 *104% 106 63% 56% 53 35 *75 83 *104'% 105 3,500 191 27 Va 35% *75 83 189 27% 189 83% 43/4 43% 15% 8% 4% 105 15% 174% 43% 13 153% 35% 36'% *76 13.800 55 56 *52 55 , *7 55'% *52 7% 56 55 106 100 6% 7 1,500 55% 56 380 *104% 106 ' *52 500 55 52 53 39% 39% 39'% 39% 39 39 38% 39 38% 38% 1.400 443A • 45 44% 4434 44% 45 45'% 46% 46 46% 2,600 3434 34 34 *32% 35 *32% *34 10% 10% 9% 97% 10% 10% 10 Vs 35 *32% 100 35 10% 10% 10% 46,400 18% 700 18'% 18% 18'% 18'% 18% 23'% 23% 24 24% 25 25 26 29'% 29% 29 29 29% 29% 29% 29% 700 18% 18'% 183/8 173% 18% 17% 18'% 18'% 18% 14,000 34% 33% 35 32% 33 4,500 140 90 18% 31 *133 5% non-cum (Julius) 5% 31 *135 5% 32 3 32% 4 138 *135 5% 534 138 5% *135 5% 138 5% 138 6 2,400 6% 17 17% *17'% 1734 173/a *17 173/8 94 94% *93 95 *93 94 93 % 93% *93 94 No par 57 57 *57 58 *57 58 59 60 Furnace Lt *103% 38 104 % *10" 3% 38% 37% 54% 108 17% 17% 1033% 38 103% 36% 104'% 37% 53% 54 *52% *106% 108 *105% 53% 108 *17 104'% 37 53% *106% 104'% 4,100 300 80 500 59% 59 % *1033% 104'% 40 23,300 38 38% 39% 53% 53% 54 *106% 108 108 700 36% 51,700 353% 36'% 34% 36% 343% 36% 36 36% 36% 89'% 91 91 92 90% 91'% 91'% 92 92% 92'% 1,760 25% 26 % 25'% 26% 26% 27% 26% 27 4,600 11% 11% 3,200 *101 % 102% 26% 26% 10'% 10 10% 10% 10% 10% 10% 11 102 7/a 102 102 *101 102 101 % 1011/4 *103% 104% 103 % 103 % * 104 104 104 52% 537/8 52% 54% 60 51% 60 15% 15% 153'4 14% 12 100 * 100 com__No par 100 102 * 58 % 15% 103 % 54 *59 5 Co conv 1033 Co— preferred & 31% 138 18'% No par Kansas power & Light Co com—8.75 Class B 36 23% 23% 10Q Southern 147/a 4% 7% 9 170 2% 15% 15% 23% 8 8% 19% 95% 2% 3 175% 174% 175 58 No par Power & 17% 16 26% 19 95 / & 62 % Feb 186'% 27 2,100 18% 96 pfd—100 common Jan 30 174% 192 57 1 14% July 10% Jun 52 26% *95 18% preferred City 1743% 189 15'% 15% 18'% 18'% 96 9% 9% 31% preferred cum 26% 2% 3 7% 54% Kansas 197% *95 7% 50c Co__ Johnson City 15 % 13 18% 96 7 *106% 3.80% 153/4 453% common—_12% Kansas 987A Jan 2% 105% 6% 4% 2nd preferred series A 100 Jones & Laughlin Steel com No par 5% preferred series A .100 Joy Manufacturing Co 1 Kalamazoo 2% 44% K Jan 18 % *95 9% 23% common preferred Manville Corp & 170 15,000 170 18% 3%% Johnson *165 170 16,000 .10 Jersey Cent Pwr & Lt 4% Johns 66% *165 93% *165 23 CoJ (F L) Jaeger 51 % May 18 65% 1,800 17% 1 Jacobs 107% Mar 4,500 67 *30 Light Co 11 Co 54% 67 18% preferred Tea 533% ' No par Stores 18'% May 3 96% May 15 3 500 533% 65 6% No par Dept Corp Power 6'% 533% 65 *6'% 45% *104% ' No par 22% Jun Apr 21 6'% 53% 65 6% 12% 25 6'% 53 6% 97% par common 6'% 53% 9% 137 No par Silver — 9% International Telep & Teleg—No par International Utilities Corp 5 16 18 3/4 July 13 173/4 July 26 Salt International Shoe 1,300 10 % 83/4 100 — 2734 17 15 7.50 273% 44% 353/4 No par 27% 17 *76 100 Cent Amer com—No 27% 16 29% preferred 27'% 15% 43/4 International Paper Co com Int'l Rys of 27'% 15% 174% 5 Limited 7,200 27% 16'% 1 : International 9% 15 % com—No par Canada 52% 9% 16% 26% 100 Corp *51% 9% 45% 195 _100 Mining 32'% 52% 9% 44% 153/8 No par com 31% *51% 9% 44 2 No par Chemical 31% 52% 9% 31 170 _100 No par & 313% *51% 9% 43 No par preferred 5,100 32% 52'% *165 183% Hydro-Electric Sys class A—25 Minerals 4% 1,340 43% 95 common 100 443% 44 43% 43 % 18'A Machines 65 50,300 93 43% 170 95 preferred 38% 30% Aug CLOSED 5 ! Rubber *6 52% 3,100 47% *93/4 EXCHANGE 1 common Iron 41 July 25 Inc 653/4 27% 43 353i 46'% *88 93 16 STOCK 20 preferred Intercontinental Business 86% 25% Corp Harvester Jun 26 Ctfs Interchemical Int'l Jan Jun Insuranshares Int'l 73% ; No par 52% 9 *88 43% *165 100 Co Mar 29 24 July 11 Steel 653/4 No par preferred 293/4 May 18 240 27 19 July 25 16% Jun July 17 25 % Jun Jan 22% Jun Ingersoli-Rand common 6% 52% 1 29 6 6 A— S Mex, Rayon 26 Dec 33 *51% 9% Jan 10% 32 3% 52% 8% Co Jan 18% 32% 32a/8 *51% 5 RR 63 Jan 42% 50 preferred cum Terminal 38 Apr 41% No par 4.08% Illinois 163 86% 43% Illinois Power Co common Oct ,12% 41 34% 47'% 1 41 Apr Jan SO 33'% 45% 45% 90 40 series ctfs ser *32% 3?% 45 94 :1000 stock Jan 8 32;i% 43 % 44% A RR 41% 11% 333/4 43 3/4 34% 42% / *90 Jan Jun 32% 34Va V 94 May 72% e *90 pfd conv 30 165 \ common.lOO Co A—100 non-cum 155 * 20 . Central 6% class A *11% 11% 1134 11% 1 *22 22% 22 22 *21% 1 18 18% *18 18 17% 104% 40 390 105 8,000 55% 55 55% 53% 54 % 60 59 59% 59% 59 "4 15 % 143/4 15 14% 15 12 % 11% 123/a 12 12 3 221/4 *213/4 223/4 22 22% 700 17% 17% 17% 17 7 8 2,600 18 800 13.400 8 2,900 Number 4929 Volume 172 . . The Commercial and Financial Chronicle . (393) NEW Range for Previous. Range Since Jan. 1 Lowest Highest $ pershpre S per $ per share .40 Jun 56% Jun 48% Feb 16% 17 V* Jun 25% 107% 10% Jun 60% July 21 58 % Jun 3 Jan 13 Jan 4 152% May 20 16% Dec »' 13% July 20 72% Mar ; 67% July 13 Dec 25% Jun 31% Jan « Aug 98 Jan 93% Jan Feb 43 Dec* 483/4 Feb 62% Dec 43 Jan 60% Dec 17% Mar 31 - 71% Feb 6 31 Va Mar 24% July 12 90 V2 X35% 100■ 2 Copper. County Land Co Keystone Steel & Wire Co Kimberly-Clarke Corp Koppers Co Inc Jun 26 42% Jan 6 Kresge 50 July 12 62 5 Kress 53 July 17 65% Mar 20 9 Jan ; 4% S S) ( (S H) Kroger Co Co * 13 7 68 27% a 34% 3,800 34 33% 34% 138 *134 , 13% 33% > 137, 26% 34 34 138 % *136 137% 137% 50 200 13% *13% 14 % *13% 14% 68 68 *66% 67% *66% 67% 70 27% 27% 27 Va 2,200 96% 27% 96% 21 Vu 97 96% 96% 27% 27% *96 97 *96 593/4 60% 30 39% 39 37% 383/4 38 38 % 38 Va 383/4 3,700 51 51 Va 51 51% 51% 52 513/4 52% 1,600 57 Va 57'% 38% 52 *51 % No par r 97 $ per share 13% 68 68 27% 39% No par (The) 14 *96 Va -10 : 24 1 100 & Co 53 Va 24 *23V4 68 _10 ; __ 54 Va 2334 52 34 23% *13% _No par common preferred 533/4 24 54% 23%. 3334 1,300 5334 54 136% 21,900 4,500 59% 24 35 54% 24% 593,4 55 139 Shares 60% 58 59% - the Week share $ per 58% 139 Sales for Friday Judy 28 July 27 share $ per * Sper share • Thursday July 60% 34 100 —1 ' $5 prior preferred Wednesday 54% No par ; t per share PRICES SALE July 25 24 No par com HIGH Tuesday July 24 59 —5 coriv 2nd preferred Kinney (G R) Co common • C per share AND Monday ,, No par 4% 37'/.July 14 - July 22 Kern 13 27% May 24 38 % May 20 ' Saturday Kennecott 1 24 Dec 62 RECORD LOW STOCK Par 3 106 Dec Jun share 15% Jan t YORK EXCHANGE 45 Va Mar Nov 90 NEW Highest $ per share 49% Apr Nov 11 Va ; Jan 39 STOCK STOCKS Year 1949 Lowest YORK 57 573/4 57% 58% 58% 58% 58% 60 2,400 ■" L 47/a Jan 3'/a Jun 17% 8 Jan 9% , Jan 6 22% Jun 11% 6 Oct ; • D-e ' Dec 43 Jan 193/4 Jun 26% Jan 45% I6V2 Oct Jun 22% 90% Jan 98 6% Jun 11% Jun 49"% 18 3 5% July 28 23 Jun 12 5 44% Apr 12% Jun 22 Lacleae La Consolid Dec 19 47% Jan 25 19 34 23 25 49 % May 29 Lee 25% May Lees 20 - Jan 3 94 Jan May Jan 24 July 13 8% July 26 38 % 9 50% Jan July 13 7 pfd 75 Pesos Mex (The) 4 %% preferred Lane-Wells _No par 20 Va 3% Jun 1% Jun 15 5% 3 Jun 4% Jan Jan 1% Jun 14% Jun Jun 8% Jan Jun 56% Dec 8Y2 Feb 20 Y« Feb Va 44% 11% * 6% Jun Jun 37% July 12 July 17 11% Jan 10 July 13 58 : 8% Mar 34 Va 64% Jun 24 Va Jan 9 82% Jun 23 July 17 8'A Mar 3 7% Jan 2 723/4 91 Vu Apr Feb 170 Oct 77 Sep 186 37% Apr 177 July 26 Jun jun 52% Jun 10% x67 : Jan 7% Jun 57% July *46 5 10 77/a 50c non-cum 2nd pfd July 24 Lima-Hamilton Link Belt Oil 7% 7% 73/a 4,500 72,900 2% 23/a 203/4 2% 23/8 32,200 Dec Oct - 60% July 26 81 21% July 17 > 27% Jun Mar 16 5 Lone New 95/8 *9% 21% 61% 63 633/4 66 73/4 7Va I3, a 33 % 33% 31 Va 79 5 3/4 78 80 Va 93/4 60 Va 7 Va 7% 77 Jari 27% Dec Jarl 19 Va 23% 172% Dec Jan 32 July 30% Jan 7 25% Mar 4 Jan 34% Jan 100 Jan 15 Jun I 99 % Jan 21% July 28 Range for Previous (P) 63 623/8 62% 62% 63% 1,200 37 38% 38% 39% 39% 40% 18,100 15% 15% 153/4 15% 15 Va 15% 4,100 *68% 71 *683/4 100 72 72 1 323/4 34% 33% 34% 15 Va 15% 15 15% ..No par No par 62% 63 % 60 %,. 62% 60 Va 61 24 24 24 24 23% 24 , Corp (Md) A 33% 147/a & $ per $ per share common Nashville (Mt & Sons Inc com 11 Va 32 41 l * t per share share 41 Va 71 100 33% 33% 29.800 15% 15% 153/4 \ 19,000 61 Va 63 Vu 63% 64 24 24 24 24 11% 11% 11% 11% 4,600 23 4,600 223/4 23°% *164% 167'/a 31 Va 32 42% 41% 42% 29% 28 Va 298/4 98 % 99% 20% 20% 20% 20% 287/a 28 Va 99 Va *98% 99% 20 Va 207/a 20% 20 V2 28 Va LOW STOCK AND HIGH Saturday Par Monday July 24 * : 5,600 , I ' 1,600 July 25 t per share f per share S per share 24 24% *164% 167 Va 31% 31% 32 41% 42a/4 40% 41'A 12,500 29% 31% 30% 31% 13,000 *98% * 24% 167 Vu 31% • 24% *164% • 99% 98 % 98'A 10 21 21% 3,100 Friday " Sales fs* the Week ' — —* 700 ' SALE PRICES Tuesday July 22 ' 11% 323/4 *98 Va STOCKS YORK *68 3/4 34 Va 14% 167% *32 10 EXCHANGE ^ 71 333/B 15 41% 32 u.300 Co NEW *683/4 ■ 34% ' 50 j, preferred series A Highest 71 Co- ..;..i._..„No par Co Steel Range Since Jan. 1 Lowest Highest t per share %% 43,100 62 preferred Corp Cement r Year 1949 Lowest 4 Luken6 93/4 16 No par Lowenstein 5 290 1,200 9% 38% ' 17 6,500 29 62% Louisville 29 2,900 180 153/a 22% 97% Feb 29 10 17,400 6,900 62% *164% 17% Jun 5/a *170 Va 29% 8 79% 78 79% 180 63% 31% 37 16 233/a Oct 7 Va 62% 167% 31% July 27 22% Mar 24 Sep 9 61% 31 8,100 38% 153/4 223/4 Mar 21% 78 62% 7% 32 1,100 95/a 21 62% *164 Vu ' 95 78% 20% 373/4 No par 42% July 27 3 7% 31% 5,700 No par common Lorillard 21 .60% 73/4 3,800 No par com 10 19 61% 9,100 6 3/8 51 Va 9% 9% 20% 10 10 Va 7% preferred 100 Louisville Gas & Elec Co (Ky) No par Jan ' 9% " 9% 9% 10% 36 % Mav 23 174 11 * 41% 31% May 20% Jun 28 22% July 18 164 Dec 9% 207/a 6% 56.% 20 Va 6% 57 9% * 153 6% 31 31 79% 20% 56% 21 to 0 33 - 6% 5634 56 9% 20 Va 20% 19. - 5 Long Bell Lumber ll'A July 26 5% Corp Long Island Lighting 11 % July 26 19 57 21% 21 25 com Co Star 93% 53/a 56 7 Co. Aircraft 257/s 18Va 5% 58 % 29% convertible 76 18 Va 5% 29 3%% Jun 18% 563/4 39 393/8 28 Va Lockheed Jun 39% 7% 2% - Loew's Inc.! 15 Va 20,300 73/4 30 18 Va Jan ' X60 130 8 s/a 7 Va 30 81% Apr 17 34% July 25 6 8 Va 2% 31 72 13 39 47 Va 8% 8% 30% Liquid Carbonic Corp July 24 8 3/4 39 Va new...No par Lion 14% July 12 83/a 38 Va - Corp 9 23% Jan 8% 40 *178% 9 ' 1,900 99 180 Jun , 22% 98 Va *178% 21% Jan Dec 22 3/8 99 47% 180 14% July 12 Jan 22 *98% *47 180 28% Feb 18% Aug 900 21% 99 180 Oct 78 473/i 22 1793/4 Dec 25 Va 46% Va 100 33% Feb 46% 21 7% ; 17Va Jun 500 29% 2 5 Jun Jan 28 Va 6% No par Libby preferred 11 * 29 2 5 Liggett & Myers Tobacco Cup 46% *44 46% 28% *98% - • 6% Life Savers Corp Tulip Va 39 Vu *44 ... 2 No par Jun 14 Va 29 l7/a 1 Libbey Owens Ford Glass Lily 42% No par Corp 13% 16 Va 46% *28% 6 Va Corp (The)___ Lehn & Fink Products 7% 11% - 1 Lehman & 11% 5% No par Coal com Libby McNeill 8 83/a 42 1st preferred_.No par 19 65% *44 29 25 July 12 42 46% 28 Lehigh Coal & Navigation Co Portland Cement. Lerner Stores 4 ' 30 99 10 y« 27 *44 46 Va ♦29 47% Mar 31 66% Jan 1,500 22% 32 27 Dec 3 ll8/4 11 Via 46% 187 29 28% July 26 X6% 10 89% Jan July 26 11 Va *98 % 1 31 10 Va 11 *21 % 6% July 27 % Apr 20 July 17 9 19 Dec 51 Sep 64 Jan - Dec 26% 4 - 2,100 99 Valley 410 20'/a ' 22 $3 non-cum 7,100 6% 5% 20% 47 30 6% 5% 20% 21% Lehigh Valley RR Jan 6 3/8 4% 20 Va *98'/a Lehigh 6V4 Vu 20% 3 common : 6% 4% 11 *44 5 & Sons Co Lehigh 21 6% * 20 V4 100 (James) 3.85% 7% July 26 30 6% 4 % 20% 11V4 50 : > Tire 6% 4% 20% 1 & 2% July 26 12 Jan x413/4 4 3 Jan 24 % 6% 4Va 21 *107/. * • 6'A *4% CLOSED No par Co Rubber STOCK EXCHANGE cumulative preferred 99% Mar 23 -7 4 6% Co Lane Bryant common 40"% Jan Jun Gas Co Lambert 22% Jan , „ Jan 337/a 7% Jan July 12 10% Jun . Dec 47 % Jun 3 19% Jan 37 July 13 Wednesday July 26 *• $ per share Thursday July 3 V per July 28 share $ per share ' Shares M 9% 31% 131 Jun 14% 42 Apr Jan - ■ 139 Oct 11% Feb Dec 9% Jun 27% Jun 333/a Jan 104 Va Dec 8% July 103/e Jun 5 Jun 430 Jun 6% 7 153/a 193/4 Mar Jan Apr July 3 7 15 10% Jan 510 Jun 18 3/4 Feb 103% Apr 17% Jun 25 Dec 6% Jan 87/a Dec 16% Mar 18% Oct 19 Va Apr 95% Jan 104 550 11 30 9% Jan 17 19% Feb Apr 6% July 13 25 Jan 3 8 Ve July 25 18 Va 19 23% Jan Dec Apr 25 101 7Va Jun 12 Apr July 27 9% Jan 13 10 Va Feb 13% Jan 9% July 19 39% Jun 59 Dec 48% July 25 11% Jun 19% Jan 12% July 13 48 Dec 46% July 12 24% July 27 343/e July __ 170 Feb 179 Aug 38 Jun 49 Dec 453/4 July 13 89 Jan 98 3/4 Dec 98 Apr 89 Jan 98 Dec 97 Va July Feb 88 Dec 87 Jan Jun 12% Dec 11% Jan 3 May 45 Dec 42% Jan 13 19% Mar 25 Jan 80 7 Va 30 24% Apr 5 4 16 Dec 243/a 3 175 Feb 3 6 5 10 20 14% Apr 18 21% July 27 7% Mar Dec 6% July 30 Jan 7 Va Jan ' Dec 15% Mar 34% May 25 105 Jan 19 9 Trucks 30% Mar 11 Mandel 23 Manhattan 23 Marathon 12 Marine 4 St 29% Jun 23 Mar 23 Ry 19 20 Va 21 20% 13% 12% 525 *510 13 525 12% *510 13% 12% 525 510 100 11 3,900 20 13% 510 5,000 32% 104 11 20 3/4 5,700 14% 16,800 13% *505 10 515 10 Va 10% 10% 10% 9% 10% 10% 10% 9 "'8% 8% *8% 8% *8% 8% *8% 83/4 18 18% 18% 18% 18% 18% 18% 18% 18% 900 7 Va 7% 7% 7% 7% 73/4 7% 6,600 28% 28% 7% 29% 10 % 7% 29 8% 8% 8% 18% *18% 29 8% *18% 18% pfd-__100 com No par 25% 25% 25 102% 102% *101 102% 29% 30 30 2,900 Va 8% 8 Va 8% 8% 8 % 18% 25% 18 % *18% 18% *18% 18% 100 27% 28% 8,600 8 25% 100 29% 6,200 *101 26 Va 25% 102% 101 26% 101 102% 30 17% 18 Va 17% 18% 17% 17% 28,300 10% 10% 10% 10% 10% 10% 1,900 69% May 22 16% May 9 62% Jun 15 Masonite No par 50 % 48 "4 6,400 26% July 28 New Corp . Jun 22 51 Jun 23 100 Jan 12 100 Jan 30 *90 Feb 18 $3.40 17% May 11 Maytag 52 Mar 28 9 Co 25% 25 Va 26 100 *180 ; 5 No par 1947 series__No par pfd No par ..No par No par Apr 30% July 17 36 Mar McGraw-Hill 41% Jan 60% Nov 44 58 Jan 30% Jan 41% Dec 33% July 13 92% May 102% Dec 99 26% Jan 9 McLellan-Stores Jan 9 McQuay 9 Mead 17% Jan 14% Jan 3 Nov 82 Jan 5 91 Jan 24 Oct 32% Jan 6 47 Jun 9 4% 20% Jan 27 Dec 27% Jan 9 Melville Corp 493/i 493/4 50 Va 99 99 99 99 *973i 98% 97% 97% *98 99 98% 9 8 3/4 *87 88% 87'A 87 Va *87% 88 *87'A 12% 12% 12% 12% 97 3A 88 Vu 12% 43 Vu 20 Va 19% 43 *42 Va 193,4 20 Va 19 Va *180 43 "a *42% 193/4 19 19% 39% *39 31% 31% 31 31 *31 32 *101% 102 Va 101 101% *101% 40 Va 41 'A 40 40% 39% 30% 30% *30 31% 19% 40 5 47 47 % 46 *30 45% 46'/a 19% 19% *38 183 *180 12% 43% 12Va *42 "A 20 Va 183 10 50 70 40 88 12% 2,200 100 43% 20 20 2,200 19% 19% 21% 3,700 40 41 41 317/a 323/4 * 420 31% 3134 102'A *101% 102'A *101% 102'A 10 40 Va 39% 393/4 393/8 393/4 2,200 31 31 31 31 31 45% . 46 J/8 46% 4 6'A 400 400 47 Vu 3.900 355/a 2,900 18 3434 35% 3334 343/4 *993/4 100% 99% 100 Va *21% 22% 21% 213/4 22% 22% 22 J/2 23% 1,500 15% 15% 153/u 15% 15% 15 15% 2,900 22 1,800 Inc com 1 Co 10 No par common preferred (1st series)—100 (1st series)—50 2nd preferred Shoe 49 983/8 183 39 Norris Mfg Co 4% <!c 483A 98% *180 No par preferred 34% 48'A 99 No par & Robbins 10 22 93% 4834 20 Va Porcupine Mines Mclntyie McKesson 3,100 180 % *98 Va 44 5,200 48 % 99 12 1,500 2,700 % 180% 483/4 1 Publishing 42% Feb Jun 20% 183 39 Electric Co 103% Apr July *43 19% 34 70 Ve May 12Va Corp common 1 convertible preferred—100 3%% 28% 973A *87 *38% common Stores McCrory $4 48% *98% 3 Feb 23% Jun 24% __ 50 24 16 143/a No par Corp McGraw 3 14 Va Corp 52% Mar 16 1 14 Va Preferred 39% July 27 3 51 13% preferred Dec May 49 13% 43% common 45% 105 48% 13% 48 cumulative July 19 37 Va Jun 48% 13% 48 preferred $3.75 cum pfd $3 48% 13% 47 Stores common Dept $3.75 48% 14% 48% preferred 7Vc May 49% 13% 48 -1 Co Chemical Mathieson 184 50 Corp___No par —~5. Electric Master Co L) *101 15,000 11 99 x21% July 19 20% 10% 21% 17% July 25 < 10% 200 19,200 10% Jun 12 % *101% 10% 104 16 17 31 5 31% 103% 10% *102% 1,100 11 Dec 12% Apr 31% 103% 10% 104 13% 37% 144 11 Va McCall 17% Mar 31 15% 16 Va 20% 9% 30% 15% *36% *140 10% McCord Jun 16% 13% 37% 144 9% *102% 104 prior Co 13% *36% 16% 29 Va xl3 30 30% *13 *140 1 24% Mar 17 Dec 29 30% 15% 16% 21 Va 144 No par (Glenn 23% May 11 25 CLOSED 31 Va *36% *140 Martin-Parry Corpi 44% May 11 Feb EXCHANGE 7% 15% 16% 13 Va 13 13% 37% 144 Martin 8 Jan 19% 6.25 5 18 STOCK 13% 37 *140 • 18% July 27 Julv July 13 1 Corp 6% & 5 13 38% 144 13% May July 13 July 20 21% July 13 *8% preferred 90 100 9% Corp Marshall Field 4%% 12% *510 1 1 Midland Market 106 18% 50 Shirt Jun 19% May Co Co.. Oil Exploration Maracaibo 9% 10 1» Bros 6 30% *102% No par Sugar Dec 36% Garden RR 16% No par 100 No par' Magnavox Co (The). Coal *140 5 Copper Mahoning 12 % *37% 100 ... Inc 9% Jun 33 5 common__10 x Square Magma 18 3 Forbes Macy (R H) Co Inc com 4%% preferred series A Madison 39 19% July 14 Working Co & preferred Manati July 11 8% May Wood & M Mack 9 Dec 9% Aug 11 M MacAndrews 16% July 21 283/4 July 17 Jan 525 4 '6 Vo ' Feb May 140% May 18 102 * Jan 20 17 / 41 % Mar 24 3 11% Mar 31 Jan 13 28 July 20 135% Mar Jan 95% 37 ■ Oct Corp 1 22 22 14% 15 21 21% 15 , 20% 21 *87 88% *87 44 Va *42 , 43 22 22'A 215/a 22 20 Va *87 88% *41 % 33% *100 34% 1C1 21 34V8 *100 21 35 101 21% 35'A 100 Va *21 88% *87 88J/2 *87 88 Vu 413/4 • 400 100'A 42 *41 43% *41 43% 21% 2 2 J/8 21% 22 '/a 213A 22 ■ 200 7,000 i 7% Jun 13% Jan 10% July 17 34% Jun 49 Jan 42 12% Jun 15% July 8% Jan 7% Mar 27 Apr 90 Jan 105% May 18 July 43% 99 16 17 Mercantile 6% Jun 23 39% Jan Dec 13 14% May 26 7 48% Jun Mengel Jan 14 Va Jan Dec 130 % 96 Dec 120 23% Jan 40 Jun 97% Jan 104% Dec 105% Oct 110% Feb (The) Stores 22 7% Jan 3 Merch & Min Merck & Co Inc 13 63 Jun 12 Mar 21 100 Jun 22 186 Jun 12 $4 conv 2nd 34% July 12 Merritt-Chapman Mesta 101% Feb 21 106 % May 15 Machine Metropolitan 107% Mar 31 110 Apr 12 4.35% 102% July 104 Jun 22 3.85% 6 8% Jun 14% Jan 13 Jan 3 16% July 27 Miami Jun 48 Oct 38% Feb 23 4S% May 22 Mid-Continent 14 Va Jun 18% Dec 20% Mar Middle 18% Jun 34 Dec 7% Jun 139% Mar 12% 12 July 13 28% Jan 125 Jan Jan 13 July 18 10% Jun F< 101 8% July ootnotes see page 22 15% 153/4 15% Co No par *6% 63/4 *6% 6% *8% 6% *6 3/0 6V4 *6 3/8 47% Jun 139% Mar 7 13 7 South 8% Steel 100 100 5 Utilities 42 10 47 11% 43% 16 1,900 90 3,000 63/4 47% *97 100 '140 148 7,300 100 50 30% 30 283/4 283/4 1,700 42% 42% 42% 43 43 1,500 *104 % 105% 105 % *104% 105% *107 108% *107 108 % *107 108% 104 *102% 104 *102% 104 *102% 104 104% '107 104 104% 240 108% 104 ~70 15% 15% 15% 1534 15% 15% 15% 16% 153/4 16 10,500 46 47 45% 46% 46 46 Va 46% 473/4 47% 48 8,900 15% 39 15 11% *42 29% 108% 153/4 42% Apr 105 % 47 100 148 105 38% 3 128 15 % 36% 127 15% 15 15 % 38 36 Va 38 127 128% 129 15% 38 127% 15% 39% 15% 39 129 129% 15% 39 132 31,200 4,200 240 100 12% 12% 12% 13% 13 13% 13 13 12% 12% No par SS Marie 127% No par 10% 11 10% ll3b 11% 11% 11 % 11 % 11 11 8,800 34% 7,500 11,500 Regulator— ..1.50 Common conv 30 46 *97 *140 433/4 *102% 5 1st preferred 3.20% 30 48% 993/4 148 11% *42 *107 Inc—No par common P May 23 pfd. 100 47% *97 '140 104% 3.90% Minn 111 98% 41% 21 10 49 148 41 % 11% Feb Jan 98% 30% Petroleum Prod 47 *142 42 & St Louis Ry July 17 144 41% Minneap & 49 % 100 144 5 17 St 43 *98% Scott—No par Copper Midland 50c No par 29% 14% Jan 99 Nov 1534 50 30 Va Minneapolis-Honeywell Mar *15% 29 31 87 43% 15% preferred series preferred series 37% 124% July 10% Aug *42 % 15% Co Edison 11% 45 15% __1 No par & 11 10% *42% 153/4 common 43% Mar 17 10% 113/8 44% 3% preferred 25 x20% Jan 15 Co $3,50 preferred 17 Jan 11% 11% 43 Inc common Transp 37% July 17 Dec 30% Co convertible 1st preferred 5% Jun pfd series A 33% 100 ♦100% 34% 102 32% 33% 100% 100% 3134 *100 33 % 102 32% 100 34% 34 101% 101 102 1,820 18 The Commercial and Financial Chronicle (394) YORK NEW Range for Pmltw 66 ft Jun Jan $ per share 101 108 Dec 10ft Jun 14% Jan 67ft Jun 80 94 Jun 22 ft 67 Nov 15% Jan 16 Jun 22 ft Jan 27 fper share 10 2nd $1.50 Bales (•> the Week t per share 97 94 95 ft 94 *105 106ft *105 97 Friday July 28 July 27 1 per share Shares 98 ft 95 ft *105 ft 106ft 105ft 105 ft 106ft 106 ft 106 Va 110 lift 11% lift 11% 11 % 12% 12% 12% 12ft 12% 8,000 69 69 ft 70 70 71 71 71 71 *71 71ft 280 *17 ft 98 * 96 98ft 173/8 18 *173/8 18 18 18 273/8 18 *17 ft 25 preferred conv Monday, July 31, 1950 Thursday July 20 1 per share I per share 1 per share Mfg common—No par it Wednesday July 25 preferred No par Minneapolis-Moline Co common—1 $5.50 1st preferred 100 6 Jan Min . HIGH SALE PRICES Tuesday July 24 $4 9 81 July 19 Minn AND Monday July 22 Par I per share 128ft May 20 108 ft Jan 5 July 26 105ft July 25 9% July 12 Feb 16ft LOW Saturday . STOCK YORK EXCHANGE Highest I per share Dec NEW Bins* Jan. A Lowe vi Highest I per share 104 Ran go . RECORD STOCKS Year 1949 Lowest STOCK . 28 27 ft 27% 21Va 27% 23 2,700 28 ft 19 100 0 27 ft 38ft Jun 54 ft 7ft Jun 10% 3ft Jun *5 ft Jun 46% Jan Jan 34 ft Mar 20 9% Jan 3 4ft Jan 3 25% Mar 21ft Jan 3 5ft Aug 4ft Feb 10 3ft Aug 25 Jun 35 Jan 30 Apr Jun 12ft Dec 11ft Jan Jan 26 ft hot 24 % Jan 13 45ft Jan 57 ft Dec 103% Jun 10 Jan 113 14 ft 54 Corp Mission Development Co July 25 7% Mohawk 29% May 23 Monarch 70 ft Jun 12 Monsanto 12 111ft Jun 27 Dec 10% Jun 30 13% Feb S 19 ft 47ft Jun 59% Mar 10% Jan 13% Der 16ft 49 July 13 ft July 13 12 ft Jun 27 15% Feb Co < Machine 23 Jan 16ft Jun 15 20 ft Jan 18 Jun 26% Dec 23ft Jan 3 53% Jun 8 Jun 27 ft Dec 26% Jan ■» 41% Jun 19 Motor 15ft Jun 23 ft Dec 20 ft 15 Jun 17ft Jan July 17 13% Mar 25 25 ft Jun 11% 17 ft Jan 7 Mueller x9ft Jun 14% Jan 12ft Ja' '3 19 May 24 Dec 11 Jan 12 July 28 50 ft Dec 38ft Feb 108ft Oct 10 Jun 112ft Mar 9 Jun 29 44 Jun 29 52% Mai 108 ft July 12 15 Jan 13 15% Dec 30 ft Mar 39 Oct 36 ft Jau 13 41 51 Jan 43 Jan 113 13 July 13 July 59 ft 603/4 60 60% 11% 113/4 12ft 12 6y/4 6% 7 29 28 29% 27 ft 28 ft 26 3/8 6% 28 29 4,100 12% 14.600 6% 6% 35,200 27 ft 28»ft 32,200 8% 17,400 8ft 9% 8 3/4 9ft 8% *30 ft 31 Va 30 3/4 31 ft 31ft 31ft 32 32 700 14 ft 14 ft 14 14 Va 13% 14 14ft 143/4 14% 15 7,000 No par 27ft 27% 26% 27 ft 27 ft 28 28 Vs 28ft 28% 28% 2,700 Co 56ft 10,500 5 *114 54 56% 54 Va 53 ft 57 No par com 55'/a 55 ft 120 *113 9 56 8 ft 55 Va *113 120 *113 5 11% 113/4 11% 11% 11 Va lift 11 11 11 llVa 3,800 No par 20% 203/4 20 ft 21 20% 21 20% 20% 2 Oft 207/8 10,700 52 51 ft 52% 52ft 53«/4 15,600 14 ft 143/8 137/8 14% 12,000 Co (The) 120 51 513/4 51 52 ft 13% 13% B Lines *113 120 51ft No par Ward it Co 13% 14ft 13% 14 ft 17 120 — . it Co No par 3 16% 17 *16 ft 17 ft *16 ft 17ft *16% 173/4 1,000 33 343/4 32 ft 333/a 323/4 36 353/s 36ft 35% 37 ft 24,700 Corp 33 ft 33% 32 ft 33% 32 ft 323/4 323/4 33% 34 ft 34ft 4,900 Motor Wheel Corp No par 8 21% 22 21ft 21% 21ft 213/4 21% 213/4 21% 21ft Co 1 15 ft 15 ft 14% J 5 ft 15 153/4 15ft 15% 15% 15% 1,700 Mfg Corp Munsingwear Inc 1 B 1 100 10 50 13% 14% 13% 14 13% 14 ft 13% 14ft 14 ft 14% 11,700 ♦10 ft 103/8 10% 113/4 11 3/4 12 2,200 453/4 1,400 Morrell (John) Motorola Inc 7 Products Brass Murphy Mar 17 20% May 59 ft 11% 7 83/4 Mullins 9 58 11% 6 3/8 31% Tool Chemical ^oore-McCormick Jun 14 59 lift 63/4 8ft Inc Montana Power Co 16ft 58 12 6 % 20 1.25 conv, pfd series B Montana-Dakota Utilities Montgomery 59 ft lift CLOSED *30 ft $4 23% May 11 61% Jun 1 58% 4.200 pfd_100 conv Mills Carpet 121% Jun July 26 Dee RR 5% Hosiery Mojud STOCK EXCHANGE 100 preferred series A ^Missouri Pac 37 ft May 19 15ft Jun 2 B No par com 28 28 Co_No par 10 RR Mo-Kan-Texas 30% Apr 4 10% Mar 20 13 21 ft Mission 7 4 9 12 12% May 22 25 Oct Jan 6 Minnesota Power & Light 65 ft Jun July 26 (G C) preferred Co 4%% 8 46% May 26 53 ft Jun 12 4% common of America com Murray Corp preferred (F Myers E) it 45 453/4 *45 1093/4 •109 44 3/4 453/4 *109 1033/4 17 ft 46 ft 46 46 48 *46 Va 463/b 46% *109 163/4 16% 45 ft 45 1093/4 44 3/4 16 ft 46% *46 48ft *46% 45 1093/4 •109 17 16% 17 ft 46 ft No par Bros IO3/8 *10 10% *10 17 109 *46 *46 Va ft 17ft 46% 48 Va 1,400 109 90 16% 17ft 46 46 400 48 ft 100 *46 ft 7,200 N 10ft Jun 17% T>r 16 22 Jun 32 ft Dec 32 Jan 3 17% Jun 24% Dec 23 Ja* j Jan 9ft Apr 5 22 6% Jun 29 Jun 18 Dec 9ft May 14ft July 12 Jun 13% Dec 12 Jan Jun 41 Aug 36 Fe. Jan 40 ft Tec 170 ft Mar 31ft July 12 185ft Sep 30ft 4% Jun 30ft Jun 5% Jun 175'/a Jun 7% Mar 36 ft Nov Jun 12 27ft Feb 39% 13ft Feb 17ft 17% Aug Jun 22% Dec xll% 19 Va Dec 15 86 ft May 95% Deo 38 ft 17 Jan f 7% 5,200 8 8ft 8ft 8 3/8 8ft 8ft 14,300 1 10% National Cylinder Gas Dec 36 Deo 18 Jan Jan 44% May 15 18 ft Jun 23 National Dairy National Department 14% Jan National Distillers 7 22% May 31 Jun Apr A July 19 22 ft Jun Dec 26 27 86 19ft May Jan 71ft Jan 38 ft Dec 36 ft J 9ft Jun 12ft Apr 9% 10ft July 13 Jun 13% Nov 7 84.50 preferred National Lead Co 1 11% Jan Tea Natomas t per share 9ft Jan Jun 14% Dec *101 ft Jan 104 ft Deo 14ft Feb 39 ft 9 July 13 3 17% Feb 10 Neisner 106 Jun 15 43/4% 11'/a Jun 13 No» 34 1023/4 Oct 99 July 18 xilft Dee 10 ft 94 July 25 Mar 102 ft Dec 100 ft 42 Jun July 10 67 ft Deo 58 Apr 6 Feb 14% Dec 10% Jun 26 Apr 72% Jan 66 ft Mar 14 23% Jun 35 Apr 24 ft Jun 33ft Jan 9ft Jun 13ft Jan 102 ft Dec 90 142 Dec 128 9 103 Apj- . 70 13 July 28 14 ft July 26 74 . Inc 75 ft Jun July Jan 8% 28% Apr 9 100 9ft Jan 26 25 ft 4 July 17 43 ft Jun 24% Mar 5 July 10 15% July 12 10% Jan 13 ■- 103/4 103/4 10% 10% 2,500 73/4 *7 ft 73/4 7% 73/4 7% Va 7 ' 143/4 106 ft No par ♦104 8% 35 35 14ft 14 ft 14ft *103 ft 106 Va 8ft 8ft 8 ft 8 ft 8ft 10% 10ft 100 ft *98 ft 100 Va *98 ft 100ft *98 Va 100ft *98 ft 68% 69% 68 ft 683/4 68 ft 683/4 13 ft 123/4 13 ft 303/4 30 ft 30% 30 ft 31 32 31ft 323/4 323/4 31 3/4 323/4 22,200 333/4 32% 34 ft 7,600 14% 15 ft 31 4 12 Preferred N Y RR 5% B 18 » Co 50 Hart RR \ . ' 0 J* Co.lOO series A 100 Shipbldg Corp partlc stock 1 ' 31ft 32 63 63 ♦200 220 *201 220 9% . ^ # • ' ' . ♦; i.. 8% 93/8 34% 353/s 35 35 ft 7,300 20 ft 203/8 20% 20 203/4 14,100 22 ft 23% 22 22 ft 21% 22% 22% 22% 13,700 99 98 98 *97 ft 20 Vs 20% 193/4 20 193/4 19% 25% 26 253/4 26 26 26 Va 85 ft 85 ft *85 ft 87 25% 25% 23 ft *97 ft 99 86 86 *93 97 103% Mar 20 3.90% preferred 100 99 99 .1 12 12% lift 4 28 ft 29 Vs 2.9% 293/4 28 49 ft 49%- •' 49 ft 50ft 28 253/4 253/4 16%- 163/4... 1 16 16 ft Bo *81 C 27 Chemical Nopco Co Norfolk it Western Ry Adjustment preferred 21% Feb 24 North American 16% July 20 North American com Co 10 ; Aviation Feb 78ft Jan Central Ry Co__ July 26 May 18 39% Feb 23 Northern 28 ft Northern Natural Gas Co 17 Jan 23 Vs July 26 Northern Pacific Ry 13 Mar 22 88 ft 83 , . . *25 ft 16 % . 30% 21ft 113/4 11 *16% *97 ft 19% 26 99 50 20 Vs 18.000 26 Vs 15,111 *85 ft 87 *94 97 93 93 99 98 98 98 99 lift 11% 11% 30 • • ■ . . * 29 V, 30 *85 ft *11% 87 200 200 300 113/4 4,800 293/4 31 1,200 50 49 ft i "493/8 49% 49% 26 ft *253/4 263/4 *25% 26% 16 Va «• 49% 26 ft - 26 16% " *293/4 ' 99 16% 16 Vs 16% 16 3/8 163/4 33,000 16 Va 16 ft I6V1 163/a 153/4 16% 46,900 *81 13,800 ' 400 *81 22 ft 82 ft 82 ft 81% 81ft 29 30% 28 ft 293/8 283/4 293/4 293/4 30% 12,900 21ft . 30% 16 ft- . .. 98 ' 94 94 993/4 98 ft ; 10 94 '92 ft. .< 100 . 14,200 34ft —100 12 60 9 19% ——100 ! 9 160 220 34 ft preferred Noma Electric Corp *200 20% preferred 16 2,300 32 64 ft 35% 20 ft —No par *30 *63 193/4 20 ft A 13% 34 ft Niagara Mhk Pwr Corp eom_No par Class ' 9% 9 9ft 9 4,800 9,300 13% 64 ft 220 *200 220 •200 177,500 140 32 64 Va " 104 19% 23 Vs . - 14% 104 *138 35 *97'/a preferred 64 ft 14ft 20 19 100 Common *30 313/4 /♦61ft 9% . 11,600 34 ft Gas Corp— No par 13.75 *30 63 .. 153/8 13 ft 32 *61 4 No par 3.60% Feb 14 Vs 69 No par 14% 153/a 3,300 133/4 69 *69 New 143/B 70 14ft 32 ft 323/8 32 69 ft _— 70 14 Vs • 70 *69 14,000 31% 14 ft 29 ft 70 *69 3.40% 53% Mar 68 ft 13 693/4 31 Va , 80 100 ft 123/4 No par 100 200 10% 6 Harlem 36 10 ft 68 Va . 2,300 100 10% 13 ft & 100 10 ft 13% Y *34 Va "99ft 10% 8 28 36 100 99 Va 10 ft 133/a 21 36 ft Apr 100 100 1,200 8 99 ft 13 ft Jan Jun *34 ft 35 35 35 ft 8 10% 693/4 CLOSED 2,700 14% 106 Va *98 ft EXCHANGE Shares 9ft *103 ft 133/a common 9 ft 14 ft 13 ft Dock Bales for the Week 106 Va 13% York Friday 10% *99 ft STOCK 4,300 $ per share 14 ft No par Mar 29 15 9 ft 6 91 973/4 Jun 9ft 9ft 107 $5 non-cum preferred—: 8 *103 ft 14 ft *35 100 9 106ft 8ft July 27 S per share t per share 9 14ft 143/4 ♦104ft 8ft < July 26 9 9ft 9 120 July 28 Thursday Wednesday I per share 14,800 PRICES BALE July 25 I per share t per share HIGH Tuesday Monday July 24 1 : Dec 23 22 Va 23 Va 22% 23% 223/b 22% 90,400 10ft 26,200 ■ , . *81 82 ft 40 Northern States Pwr Co (Minn)— 1 lft Dec 10 95 ft Deo 93 ft Feb 109 ft Mar 12 July 11 2 106ft July 13 Oct 8 Jun 27 97ft June 15 109 V* Mar 24 13 Jan 6 18 Common No par $3.60 preferred $4.80 preferred Northwest Airlines No par 20% Oct 15ft Jun 26 213/4 Feb Dec rw 23 ft Jun 20 32% Mar 28 14ft Oct 12ft Jun 29 16% Jan 17 28 ft Julv 12 35 ft May 26 Ohio 10 ft 10% 95 V4 95 ft 108 Va 108 ft 11% 11% lift 11% 11 3/4 18% 18 3/4 18% 19 19 ft 27 27 ft 26 26% 13 ft 13 13 13 13 lift 18 ft 27 Vs 27 *13 10 Vs 943/4 10% BO 10 •103/8 108 ft 17 ft —2.50 10 Vs 94 ft 108 Va 1083/4, preferred 10% 94 ft 1083/4 94 94 ft 1083i Northwestern Telegraph Norwich Pharmacal Co 4.6% 10 ft 94 No par common—10 28 Inc 3 lift Mar 103/4 103/4 10% 10 Dec 5 1,200 10% 10 3/4 No par 100 19 ft 3 38ft 139% 29 30 July 26 July 28 July 26 Feb 81ft 38ft 17 ft 139 Va N Y New Haven & Jan *80 ft 38ft 80% 105 27 95 803/4 38 ft 38 106 July 27 Mar 16% 803/4 16 16ft 81ft 37 ft 8 17 ft 17 16% 81 16 81 38 7% 100 1,100 38 ft 163/8 82 103/4 24 *23 *37 Va 16 82 38 Saturday com Jun 30% 28 1 85 Jun 13% 28 100 39% Sep '7 28ft 139 ft 10 Va Feb Feb 107ft 27 104 Va N Apr 84 263/4 LOW AND Jan lift 263/4 July 22 Jun '31 27 *26% 139 19 Jan lift 21 Va 1053/4 246% Apr 98 8ft 263/4 24 140 ft 21 93 h 32,300 STOCK Central Feb 85 ft Jan 44 ft 1 it St Louis Co com 64 ft 18% July 13 28 ft 433/8 6% 34 ft Jan 21% July 27 20% July 44 Co Brake 26 2d% Jun 59 ft 3,200 24 43 100 N Y State Elec it Jan Va *23 *23 104'/a Chic Va Va 10.900 423/4 ft 139 N Y 23 ft 41 Va Corp Jan 1 r. 23 ft 223/4 preferred 28 ft Mar 29 36 ft A 24 ft 42 ft Elec Mining 23% 23% 22 Va A ; 56 20% Apr 22 213/4 20 42 common 220 27 2,000 15 Jun 27 80 9 139 19 - 154 9 22% Newport Industries common York 154 9 Va —12.50 Air 154 *8% 423/4 System 1 New Jersey Pr it, Lt Co 4% pfd—100 York 154 9 10 Inc 4ft % 153 9 No par preferred Newmont 153 9 9 11,500 24 ft ft 1 England 181 42 ft *23 No par No par YORK Bros 42 *180 10 Fibre 60 96 ft 41 181 39'/a 39% 104 4 16'/a Jun Sep 22 Va 96ft 41 *180 39 ft 14 ft .13ft Jan 28a/4 Jun Mar 22 1 Corp 98 180 154 *152 ft 9ft *96 Va 181 *180 154 9 97 97 2,100 180 138 ft 2 10 Apr 15% 40 ft .'102 ft Jan Jan 26 98 39% 181 100 May 145 19 ft •47ft 98 40 39 ft preferred series A N Y City Omnibus Corp 111 33% Dec 98 *96 Va 10 New 3 27 30 23,400 15% July 25 3 6ft Jun 14 16% New Feb Jun 16ft Newport News Ship it Dry Dock-._1 Jun Jun 16 3/8 July 28 15% 6% 15% 32 3/4 July 27 21 21ft 153/4 34 Va 29 July New May 31 Jun Jan Nov 15 Va 100 Newoerry Co (J J) 3%% preferred 13 ft Mar 23 3 9% 9~6~ft 153/4 Corp cNesco 16 40 26 ft Mar 29 Jun Jan 105 ft Feb July 11 .243/4 July 11 ft Jan Jun Jan 15 Par 14% Jan 13 Jan 86 15 ft EXCHANGE 102 ft Mar 10 Jan Dec 15 ft No par Co NEW Nehl 8ft Dec 1 12% Feb 28 93ft Ma 31,800 $ per share 7ft July 13 1334 vr* 14 ft. Jan 17% 23 Co Vulcanized Highest 12% 30 17ft 22% preferred Natl Lowest S per share Jun 17ft 23 *152 Va 12% Feb 28 Range Since Jan. Highest Jun 17ft 223/4 STOCK8 Year 1949 10 16% 22% 100 Range for Previous 20% 16% 223/b 100 4ft% 9,000 16 ft 23 preferred B National 393/4 16 ft 1 National Shares Corp 23 3 8 ft 3,000 22 Va National Supply (The) Pa com—10 82% Feb 44'A Jun 11% 17 National Steel Corp National Sugar Ref Co 4 383/4 lift 23 Va Natl Malleable & Steel Cast__No par Natl Power it Lt ex-dist No par- 4 37% 38% lift 16% common Service 31 Va 38 ft 37% 11 Va 4,200 22% preferred A Linen 39:,/4 lift 10,800 5 6% Jun 13 ly 13 July 13 39 ft 11 11 Va 10% 7ft 33 No par *180 National 7ft 34 35 10% 7% 14 774 7. ft No par Stores Prod 18ft May 20 15% Apr 27 Apr Products 44'ft July 28 28% May 12 Mar 22 Dec 7 Jan 29 35% Mar 31 Co National Gypsum Co com 9% May 31 24ft July 27 25 400 200 181 181 83/a 17 4 181 8% 12 ft Jan 11 181 11,700 8ft 27 7% Jan 181 181 182 >/a *181 183 181 7,300 34 ft 33ft 8 10 ft Jun 21 ft Jun 10 100 10 Co — 5ft 33 ft 1 Container 26 61 32% 8% National Dec 25d 33 Va 7ft 28 19 ft Feb 323/4 8% 156 Dec 33% 32 ft Jan 48 33 ft 16% 46 8% July 13 205 34 ft 33% 16% *38 7'/a 178 56 38 Va 333/4 xl50 117 ft 16% 38 8% Sep 9ft 16ft 37 7ft Dec 65 16ft 37 32% 7% Jun 13,800 15% 37 8% 152 ft Mar 16% 16ft 37 7% Jan 7ft 153/4 15% 38 *36 33% 5% Mar 29 15% 16 3/8 7 ft 135 I per share 15ft 16% 15% 8% 46% May 31 185ft Jun 5 Lowest 15'/a 14% 16 15 16 ft B 4 760 33% 102 Dec 12,400 8% 10 X80 8% 73/4 11 28% 8% 34 ft 35 Feb 8% 8ft 94% Jan 15 ft 8% 8% Dec 21ft 8% 8% Jan Jun 8% 34 ft i33 x% 8% 8% 1 Apr 19 ft- Jan 2,200 8ft 8 44 No par Cash Jan Jun 27% *43 Corp Register Can National 25% 14 27% 44 National City Lines Inc National 169ft ' 27% ft IB 29 8% Jan De« 23,700 27% Feb 27 Jan 18 43 27% Inc—1 Fibres 6% Jun July 25 17% 44 27 ft Corp^ preferred 10 July 17 17% 43 Va 27 ft 1 Aviation 39% Mar 23 14% Mar 30 20ft July 17 Jun A 8% Apr 5% July 13 Jun Ma^ 17ft 44 ft 27 ft National Battery Co National Biscuit Co common 136 July 13 7% July 12 5 Automotive National 17% 43 273/4 Airlines National 39% Jan 30 9ft National 23 13 31 8% Aug 9% Jan 5 May 27 16% July 28 45 ft 9ft 10% 28 17 18 ft 43 27 ft Co National Acme 17% 17% 42 ft 1 Chatt it St Louis Nashville 17 ft B 100 Nash-Kelvlnator Corp May 20 44 ft July 25 27% July 26 108 3/4 . 10% 95 *108 ft 95ft 450 60 12% 12 123/i 30,200 193/4 19% 193/4 10,200 26ft ' 108% 27 26 ft 26 ft 710 13 13% 13 13 Va 1,400 29% 17,000 O 27ft Jan 99ft Jan. 33 Mas 110 Dec 106 July 28 95ft July 18 23 ft May 33% Jan 26 ft Feb 17% 19% Dee 183/4 July 26 Jan 90 Jan 20 Jun 31% 91 Nov 99 For footnotes see 14 19% July li page 22. July 3 112% Mar 100 Edison Co 9 4.40% Jun 22 3.90% preferred July 28 Ohio 20 Jan Oklahoma Gas it Elec 4% Oliver Corp common 9 27% Jan 10 100 Feb 21 4ft % Co convertible 30% 303/4 108% 108% 100 38 ft Oil 8 100 common preferred No par pfd preferred 20 29 30 28% 29% 108 28% 29 ft 28% 106 106 Va 240 108% 108% *107% 97 97 96 ft 96 ft *96 Va 96 ft 96 Va 96ft *96% 96 ft 140 36% 363/4 36 ft 36% 36Va 31 Va 37% 37% 373/4 38 V4 36.600 19% 18% 18% 18 3/4 18% *18ft 183/i 183/4 183/4 300 21% 21% 21% 22 21% 22% 223/4 22% 5,600 *92 Va 933/4 92 ft 93 93 94 94 Va 94 Va 120 *19 1 21% 22 100 93 ft 93 ft 107 1073/4 Volume 172 Number 4929 . .The Commercial and Financial Chronicle . NEW Range f»r Previous Bang* Since Jan. 1 Lowest Highest 1 per share S per t per share Feb 10% Dec 10 % Jan 3 July 06% Dec 95 Jan 3 18% Aug 22% Jan 20% Jan 20 28 Jun 40% Deo 30 Dee 105 Not 11% Jun July 49% Jan 11% Mar 108 Dec 57 % July 12 73% May 18 49 29 Aug 40 Jan 18 Feb 21% Not Jan 34 Jun 84 89 Feb Jan 148 44 4% Jun Amsr Coast Co 23 Feb 4 Pacific 35% Jun 13 Pacific 65% Mar 10 Pacific 387/e July 28 Pacific July 21 29 Jan 28 36 3Va » Jun 29 Jun 8 27 12 Oct 36 Dec 38% Deo 95% Jun IO*% Dec 8% Jun •% Apr 16% Jun 10% Deo Dee 104% Jan 97% Mar Oct 22 % Dec 17% Feb 47% Oct 38 Aug ' 18% Apr 6% Feb Jan 8 Oil World Prod 4% 8e eonrertlble 26% July 11 30% Feb 15 Parker 9% Jan 20 Rust Proof Jan 5% Apr 17 10% Jan 15% Apr 8 7% May 25 18% May 31 31% July 28 38% Mar 17 Penlck 42% Jan 87 Dec 53% Apr 61 7% Jun 17% Feb 23% Jun Jun 16% Jun 26% 7V.Apr 29 Dec 18% July 26 38 Dec m Mar *106 Va Jun 9 Dec 21% Jan 6 12% 30 July 25 13% Not 17% Jan 14% Jun 27 32 Jun 45% Not 41% Feb 20 29 Jan 37% Deo 31 July 26 107 July 14 Feb 10 34% Jan Penn 7 28 109 May 31 48% 3,200 36 37% 38 38% 38 Va 38% 9,200 101% 101% 40% Jun 57% Dec 51% Jan 36% Jun 53% Jan 44% Mar 27 58 Oct 56 25 5 Jan 20% Jan 24% Not 23% July 20 23% Jun 26% May 23% July 18 4 3% 9% 9% 9% •19% 37 Va 6% 105 7 14 % 6% 13% 14% 13% 99 *98 Va 19 18% 19% 1 •39 41 38% 39 40% 41 41 2% 2 Va 2 Va 2 Va 2% 2% 3,800 36 Va 36 Va 36% 37% 37% 38% 10,700 27 Va 28 V. 27% 27% 27% 27% 27% 27% 28 28 7% 7 Va *7% 12% 12% 12% 7% 8,500 17% 17% Xl7% 18 18 18 18 18 Vo 5,400 32% 32% 32% 3? 3*> 31% 31% 56 56% 55% 56% 55 Va 56 55% 55% 55% 55% 9J/a *9% 9% *9 Va 9% 10 Va 10 10 1,100 7,300 3,800 20% 9,000 9% 20 19% 19% 32 No par •30 •107 30 109 Va ♦106Va 23% 22% •31 3-3 32 32 31 31 100 111 112 4%ft Petroleum 25 8 75% May 1 54% July 28 60% Apr 10 27% May 26 26% Mar 17 Phlla Electric 112 107% 110% 108 Va 109% 110% 15 14 Va 14'/a ♦13% 14% *13% 14% 8 7% 7% 8% 8% 3% No par •29 29% 29 Va 29 Va ♦28'A 29 Va *28'A 29% 103 Va 104 Va •103Va 104'/a 104'/a Co 104 Va 104 Va •102% 14% 14 14 14 14 14 14'A 14% 20% 21% 20% 207/a 19% 20 19% 20% 20 Va 20% 1 56% 60 Va 57 Va 59 58% 59 C8 58% 52% 53% 51% 53 51 Va 53 53 Va 54 53% 58% 58 Va 58% 58% 57% 58'/a 58 58% 58 % No par 24 24% 25 Va 25 Va 25 Va 25 Va 25 Va 25 Va / 25 V. 25% 24% 24% 24 Va 24 Va 25 25 •108% 109 27% Jan 93% Jan 10% Feb 87% Aug 91% Jun Y% 28 Sep Jun 100% Jan 56% 46 Dec July 17 Deo 14 Deo 14« Jan 96% Dec 93 64 Apr 57% Jan II Mar 12 3 17% Feb 4 May 20 94% Jan 4 30% Apr 103 Apr Feb 94 Deo 11 Jan 14% Mar 79 Jun 88 Dec 86 84% Jun 32 Jan 24% July 10% Jun 100% 16% 27 9% Mar 31 97 Jun Feb 20 106 Jun 9 17 108 Jun 28 Mar 17 3 14% July 17 Jan 72 July 28 16% Apr 24 34% Mar 23 14 11% July 14 16 Va Mar 3 93 1 Jun Not 148 Mar 1 155 Mar 21 170 Jan 163 Mar 22 170 July 19 7% Jun Dec 8% Jan 15% 30% July 17 Jan 7 Mar 30 9% Jan 3 10% July 17 135 40% May 18 8% May 31 15% Jun 1 12% July 27 160 Jun Sep 13% 8% 38% Jan 11% Jun Oct Not Jan 4% 81 Jun Mar 32 13 27 56 14% Jun 22 79% Dec 80% Mar Feb July 13% Jun 80 Jan 4 30 2414 July 12 117 July 18 86% Jan Oct 2614 Feb 27 107% Jun 27 80% Jan 0% Jun 13 *7 Jun 9% Apr 92% Jan 101% Dec 100 23% Jun 29% Dec 27 , . Fer 6% July 12 footnotes see page 22. Feb 1 July 13 16% •147 169 31% 16% 17 17% 29 16% 91 30% 17% 13% ♦89% 91 •89% 30% 177a 31% 17'A 30% 16% 14 50 91 5,300 60 31% 17,300 16% 2,100 149 •147 149 •147 149 *147 149 •147 149 169% ♦169 171 •169 172 *169 172 ♦169 172 32 Vg 8% 31% 32 31% 32% 8% 31'A 8 32 8'/. 31% 8 40 32'A 9,500 8% 7,900 12% 12% 127/e 12% 12% 8,900 11% 11% 12% 12% 12% 12% 2,400 ——100 '•145 190 preferred class A 100 1st ser conT prior pfd—100 1st series prior pfd wi Pittsburgh 8c Wtsl Virginia 100 Pittsburgh Young 8c Ash pfd—100 Ptttston Co (Ths) 1 preferred 8s Poor Potomac 10% May 22 May 20 67% Apr 12 19% July 27 oJam B July 27 8% conT Preeter 8 Publlcker $4.78 cum Public 14 4.84 ft 3% ft 9 4.08 ft Pullman 37% July 27 10 Pure 18 79% Apr 19 9% Feb 8 103% Jan 10 May 22 10% 43 43 •43 Va •145 190 1 •145 190 *145 190 23% •10% 44% 24% 10% *10% 90% 91 92 *136 24% *10'A 1,420 144% 25 9,200 10% 45% 46 47% 46 47 45 44% 46 44% 45 Va 6,300 12% 13% 13 Va 13% 13% 13% 13% 13% 13% 13% 2,200 2,300 13% 13% 13 13% 10% 13% 13% .13% 13% 13% 13% 12,600 10 23,000 32'A 32 •43 Va 9% com Colo 10 Va 9% 32 32 32 60% 19% 1,000 61% 60% 61% 18% 18% 18% 19% 18% 85% 85 86 25 Ve 24 24% 24% 25 7,500 25% 25 25 25 25% 7,600 61% 5 19 19% 18% •85 86 •85 86% 85 25 25 25 25% 25 Va 25% 25% 24% 25% 25 •117 Indiana—No par 10 ♦30 Va 60% 61% 61% 19 Va 10% 32% 60% No par 10 Inc preference 9% 31 45 61% No par preferred of 45% ♦136 88 10 10% 117% 118% 85 % *118 85% 119 5,500 26,700 770 290 100 117 117% 117 117% 100 •88 89% •88 88% 21% 87% 88% 21 Va 21'/a 21% 21 21% 21% 21% 25,800 26% 26 Ve 26% 26 Va 26% 26 26 26% 26 Va 6,300 104% No par 21% 21% com—No par 26'/a 118 *87% 89 *87% 89 30 oommon 100 •103% 104 % 103% 103% ♦103% 103% 103% 103% *103'A No par preferred Inc Oil (The) 23% 44% 32% of 144% 22% •10% 46 9% Co •136 45 32% com Pub Serr 11 8c Oas com 10 109% Jan Co preferred preferred $1.40 dlT 10% 1 Co SerT 23 preferred series A—50 Industries Public Serv 144% 190 No par B Power Gamble 8c 22% *10'A • 1 Pressed Steel Car Co Inc 4% ft •136 •145 ■ Co Electric 30 Apr 28 5 class Co 28% May 31 33 28% 14 12'/a Radio Corp of 3 73% Jan 89% 28% 13% 8% 23% Apr 12% Jan 897/g 29 14% 12 Quaker State Oil Refining Jan ♦897/g 90 28% 112 12% 23% May 22 JSa 13% 112 8% 4 74% CLOSED *108 14% *108 11% No par No par 18% Jan 14% EXCHANGE issued" 5ft cout preferred Purity Bakeries Corp Jun 112 112 12% "when 14% Jan SO 66% STOCK 1 25% July 18 . 14 33 104 •108 12 8 39% Apr 14% •89% 1 100 10 ♦108 112 32% •103 13 • 107% Mar 14% 32% 104 25% 10% 23 30 •108 ♦31% ♦103 144% 90% Jun July JUfl 100 32% 104 24 105% 18% 500 •31% •103 *136 *103% not Dm 33% 103% 32'/a 104 144% 2 10% 33% 103% •31% •103 1,704 30% Feb 33% 200 2,800 July 13 109 12% 23% 26 Jun 72 12% 23% Deo Jun 70% 12% 23% 29% Jan 71 12% ♦23 Jun 25 % 69% 12% 24% 25% 24% 69% 23% 8 107 68% *12% 24% 26% Feb 31% Jun 90 27,000 • 23% 26 103% July 27 93 25 July 13 Deo 16 93 24% 10 21 Apr '15% 93% 1,527 Dec 37 16 ♦91 73% 26% Feb *15% 6 4'A 20% Jan 30% 100 2G0 16 03% 72 May 16 Apr ■ 12 16% Mar 123 13j400 12% Common 14% Feb 86 48% 103 12% 25 gtd preferred Pittsburgh Plats Glass Co Pittsburgh 8crew 8c Bolt Pittsburgh Steal Co com 16 21% Jun 15 Va 48%, '102% 69% Pond Crack Pocahentas 27 • ♦91 48% 103 68 Vs 7* Mar 15 Mar 22 15% 93% 47% 103 *12% Pitts Ft Wayne 8c Chic Ry com—100 48 33 15% •91 47% 103 12% Coal Co May 29 3 93% ♦102 69% preferred.—No par 49 7% Mar 23 Oct •102%' 104 *15% ' 15% 47% 47%** 48% 17,300 30 67% RR 14 27 <149% No par Plough Inc Plymouth Oil July 25 49 18,300 86 62 12% Apr 10 15% ♦84 % 70% 26% Feb 21 Apr 86 62% 13 Jun •84% 69'A 28 8% 84% .■ 62 Jun 12% 84% 62% 10% July 13 44% 86 70 135% Jan Mar 86 62 Vs 27% Jan 22 87% 70 1914 Jun 38% Feb •86 Shares 14% 36% 62% Deo 36% Feb 35% 70% 73% July 28 64 % July 28 145 14% 36 61% 4 19 14 % 35% 69% Jan 61% July 25 Feb 14% 35% 70% 62% 61 Apr 14 13% 33 62% Jan 12% Not 80% Apr J per share 13% 33% 70 % 71% 29 share 13% 32% 5% ft 55 147 f per 13% 35% 8% ft 92% July Feb Sales fer the Week 7 3 Dec I per share July 27 88% Jan 8% I per share Friday July 28 Thursday 13% •91 90 87% 71 135% July 26 33% ♦102'A; 104 100 109 89 Jan *19% Jun *108'A 88% 88 30 109 " 89% 64% Not 25% 103 % 89 140 Jun Wednesday July 25 I per share 300 115 ♦103 V. 8ALB PRICES Tuesday July 24 109 114% 103% 8ft May 14% Monday 109 ' 15,600- 7ft 175 Not ♦108% 114% . 8 Apr July 17 109 114 *103 Va 1,360 , 25% •11% common Bt Louis eonrertlble 103 Va 103 Va 22,600 54 '/'a 5 Pittsburgh Forgings Co 155 Jun $ per share Pitts Coke 8c Chesn Co com—No par 89 115 * , No par Phillips Petroleum Phoenix Hosiery Plllsbury Mills Ins $4 preferred C C 8c *113Va 104 Va *25 25% l preferred series A 100 Philip Morris ft Co Ltd common—5 *«4ft preferred 100 "Fbflllps Jones Corp com No pai 9ft preferred 100 17% May 20 Jan 6% Jun 108% 115 *25 3 3% ft Pitts Consolidation 156% 37% Par Pitts ' July 2% Phlla 8c Reading Coal * Iron Philco Corp common 31'A July 27 142 28% Jun Saturday t per share 106 •103'/a LOW AND HIGH STOCK EXCHANGE Jan 102% July 17 32% Aug 105% 115 STOCKS 105 9,100 59 100 „ 10 4,100 6,700 49 58 50 preferred— NEW YORK 200 104 25 preferred com 1,600 14% 5 common 3,100 67,000 . 29 29 13% 4.3 ft 18 109 •103Va 110% Feb 24 14% Feb • 8 B Apr 54% Apr 21 96% May 3 57% Mar 17 30G 7% 106 V. share 31 Va 14% 8ep Bange Since Jan. 1 Highest 800 31% 31% 18% 46% 110'/a .... 110% Lowest 144,200 18% *45 Va 8% America preference Bange fer Prerieus 11,700 100 Corp of cony •31 400 23% 23% 23% 14% preferred Phelps-Dodge Corp Philadelphia Co 6% •1 22% 8 Brewing Co (Chas) 8c Co Inc Pfisor 23 Va 22% 31% 108 14 Pfelffer Jun 23% 106 Va 100 Apr 84% Jan* 4 31% * 33 %c 108 Feb 20 19% 31% 108 • 104% 88% 19% *30'A ♦106Va 7 Va 7% Peoples Drug Stores inc Peoples Oas Light 8c Coke 115 79% Not 30 Va 108 . 36% Feb •103 3 19% 30 Va •106Va 7Va 18% •114% 18 97/a 18% 19% 30 Va 108 7% 46 100 t per x7 7% 18 Va 23 Va preferred 11% Apr 7 Va 45% 8 1,400 11,600 32 7% preferred 32% Jan 12 18 19 Ve 8 700 7% 12% 7% 7% 12% 33 7 Va 4.4 ft Jan 7'/a 12% 17% 3.1% Jan 7'/a 12% 2% 32'/a 9 I per share 7% 12% 7% 13 45% Jan 400 36% 18 Va 14% Jun 41 *40 2% 45% 107 11,200 35% 19 37% Feb 200 19% 2% 47 May 19 5,400 100 19% 37% 18 1 14 Va 98 Va 2'A 47 139 12,200 36% 116% Mar 23 19% *39% * 20 7% 14 100 18% 100 9,500 106 7'/a 14 99 19 20% 35 *104% 7% 7 Va 5,300 36 Va *18% 20% 35% 106 14 Va 106% Jun 40% 34% 99 July 14 Jun *18Va ♦104% 18% Apr Jun 7ya 70,300 13% 103 < per share 6% 7% 24,500 9% 99 114 11% 35% 4 9% 19 Va 14% Sep 22% 20 Va 106 46 3% lOO'/a Dec 1 18 Va 34'/a •104% 45% 4 9% 19 117 Highest * 35% 10,200 45 •99 104% Year 1949 19 Va 105 3% 3% • 1 Apr Lowest 35 106 Jan 18 19 Va 20% 35% •105 144 3% 3% 940 100% 9Va 44 4 9% 98 6 43% 3% 9% No par 100 110% 42 Va 4 9Va lo Pet Milk Co common *48% Mar 43% 3 Va 3'/a 18% 6 July 12 3% ,4 *142 144 ♦142 47 Dec 19 Vs 42 3% 100 100% 23,700 1 Peoria * Eastern Ry Co , 42% 144 3% l 1 Pepsi-Cola Co 13 42 3% •142 100 Va 17% 4 July 12 3% 144 100% 46 Mar 11% Jan 3% 1 .10 •142 100% 10 July 25 103 144 101% 50 15 Dec •142 101 Va Mfg Co Pennsylvania Salt 6 70 150 1,200 36 . 16 Va PennsylTsnla RH 12 Not 16% 16% 19% July 26 Jun 23 52 29 13% 15 Va 16 35 No par 7% July 12 28 ' July 13 108 16 170 36'A 5 Light Co 10'A Jun Jun 17 Penn Power 8c Apr Jan 31 27% May 24 Deo 9% 30% 35% 7 Dee 102 30 »/a 100 12 35 30 -25 com 13 Mar 30 48 Ve preferred 137 21 •29 30% Co Penn Glass Sand Corp 7% May Not 30 30% Corp 96% Feb x8 •29 No par Coal 8c Coke 8% 29 No par 8c Ford Penn-Dixle Cement 9 55 5 Penney (J C) Co 10% July 27 54 48 Va Psabody Coal Co common 8% oonT prior preferred Dec Feb 54 No par 37% 10% 11 54 30% Patlno Mines 8c Enterprises 24 10% 53 2.50 Jan Feb 10% 53 48 Va Co Dec 25 •10% 53 12'/a No par 27% « 10 Va *50'/a 16 Consouuaiea Mineo 15 104 8 1,000 12% •10 52 10 % —100 Parados Transportation 5% Aug 13'/a 13 12% 12% 10'A •51 48% No par Parke Dstic 8c Co 14% July 11 4,300 30% Utah 22 4 *10% bJ % 16 Park 46% Jun July 12 12% 10% bo 30 Va 9 16 9 V. Jan 12% 20 bo % 48 Park 34% Jan 7 bl % 31% 11 Feb Jan 2,600 49% - Dec Jan 62% 80 16% 72% 30% preferred Dee 7% *61% 107% 16% 72% 48% Inc Picture* 2% 14% 64% ♦107 50'A Refining 20 Jun 74 31 Va No par 38% Not •70 17% 74 •70 74 % :» 13,800 49 Va 100 - Jun 9 16% 32 % va 31% Corp Jan x6 •107 110 300 25 lo r,orp_ ti Tllford Distillers Corp 2% May 16% oi 107% »o%. 31 107% 16% 4,200 •22% —100 Airways 1% 1% Mar 21 23 25 Parafflne Cos Inc common Paramount V. 103 23 103 •102 No par of Calif 24% 23% Mar CLOSED Petrol 8c Transp—5 Panhandle East Pips L com—No par it preferred 100 25 12 •102 22% Shares 10% 10% 10% 29 EXCHANGE Pan-American 6 Feb 64 10% share 16% Mectrie Western Panhandle 81 July 20 8c Mills Amer 12 % •70 65 30 •107 16 Sale* far the Week Tier No par Oas Ughtlng Corp Pacific 9 21% Apr 46% Jan STOCK 22% 31% 10% t share J 102% 102 107 15% 74 64% No par Pan 104 6 28 • 10 31 107 15% •70 non-cum Finance Corp 32% 107% 15% preferred Packard Motor Car 8% May 18 13% July 17 31% No par 11 May 31 49% Mar 20 1 Inc common 28 Mar 24 non-cum Pacific Tin Consolidated Corp 21 % 107 8 102 preferred Pacific Telep 8s Tslsg com 6ft preferred 3% May 11 48% Jun 12 Feb 102 •107 share 10% 11 •22 2nd 21 4% Jan 13 Jan " Jun 11 17 34% Jan 104 149 10% Friday July 27 July 26 I July 28 Thursday Wednesday share 23 1st 111% May 23 10% vr 102 12.50 Fisheries Pacific 2% Jun Apr 12 Pacific 142 Va Jan 10% 8 98% July 13 Oct Jun Jan Co 30% July 26 Jan 3% Owens-Illinois Glass 13% Jan 3 t 23 No par 12 May 26 67% Jan 17 34% Jan 12 July 26 t per share 102 2.50 Co SALE PRICES July 25 100 Mfg 48 Deo 8 Se 3 285/a Apr 34% July 104% Dee 138 Outlet HIGH Tuesday July 24 10% 62.50 Marine 1 July 12 t preferred Outboard 4 14 8 per share No par common 15Va July 27 Jan Jun Jan Par AND Monday 10 27% July 11 Sep 50 27% 4% RECORD July 22 Collins Klerator $4 64% 11% Apr 7% Jan 37 I 82 Apr 17% 108% Feb 27 Otis < 18% Apr Jan 101 23 72% July 28 dan Jun 42 Va Jun Oppenheim 14 % July 10 10% 29% July 13 Jan is 2% Jun 25 Dee 71 gatarday Omnibus Corp (The) common 8% conrertible preferred A 7 79 8ep 30% STOCK LOW STOCK - Apr 21 16% Not tvs 61 15 104 & Jun July 26 Jun YOBK EXCHANGE J per share share 6% 64 Va NEW Highest' 79 /a 105 YORK STOCKS Tear 1849 Lowest , (395) 36% 37% 37% 37% 37 Va 37% 37% 37% 37% 38% 15,500 No par 35% 36 35% 37 36% 37% 36% 37% 37'/a '37% 33,000 100 No par •108% 109 Va •108% 110 ♦108% 28% 28 Va 28 Va 28% *28 % 28% 28% 28% 28% 28% 1,600 21% 21% 21% 21% 21% 21% 21% 21% 22 22% 1,100 Corp—10 Amerloa com—No par No par Radio-Keith-Orpheum Corp 1 Ralston Purina Co 3%ft pfd 100 Raybsstos-Msnbattsr No o«r 8390 1st preferred 110 •108% 110 ♦108% 180 110 15% 15% 15 15% 15 15% 15 3A 16'A 16'/a 16% 133,700 75% 75% 75 75Vs 75 Va 75% 75% 75% 75% 75% 6% 6% 6% 6% 6% 6% 6% 7% 7% 7% 1,400 33,200 102 7/g 1027a 1027a *100% 28% 28% •101 28% 30 29% 102 293/; ♦100% 31 102 31 '100% 32 102 30 32 1,600 19 20 The Commercial and Financial Chronicle (396) YORK NEW Lowest Highest t perthare 21% S per $ per share 35% Jun 2f " 26 % Jun 34% *»b 30 % Jan 13 17% Jun X3-*. 20% Jun 29 Jan 34 y4 Nov 43 Jan 35 Jun 34 Jan 30 July 3 10% Jun Apr Nov 23% Jan 15 11% Jan 16% Oct 12% Mar 30 • 82 July 17' ' 18 Jun Jan 6% Jun Jan 6 9% Jan 9 28% Jun 22 8 July 3 11 Feb 7 Aug 8% 73 60 Nov 12 % Dec 10% July 17 Jun 6% May 4% Jun 85 20 Jan 10% Jan 13 16% July 20 Reo Jan 5% Jan 25 14% July 25 Dec 3 Dec 8% Jun Jun 27% Jan 23 % Jan 13 91 Aug 4% Aug * 18% Jun Sep 98 4% Jun 34% , Jan 42% Mar 85% Jan 102% Jan 13% Jun 24% Jan 15% Jun Jun *3% Mar 15 7% Jun 4% 110 103 Jan 96% » Apr 10% Jun 37 37 37 37 *36% 37% *36 % 37% ►31 32 32 " 32 31% 31% •12% 13% 13% 12%' 13 *12% 5 Mills 3%% 10 No par Feb 100 Jan 9 Jan 6 Jun 6 108 6% Rexall 7% May 16 26 5%% 110% July 25 13% Jun 23 Oct 33% July 25 39% Jan 7 40 Sep 10 Aug 43 July 14 5 94% Jan Jan 98 99% Mar 31 39% 108% Nov 21% Dec 50 , 8 108% Jun Jan 19 13 25% Jun 14 37% Feb 21 Jan 15% July 13 4% Jan 5% Jan 3 21 DM 19% Mar 24 12% Dec 12 68% Dec 26 Jan 105 19% 13 15 Nov Jun Dec 18 July 13 23 Feb Nov 43% July 28 61 16% Jan 23% 23% 400 10% 10% 10% 2,700 57% 56 Va 57 57 Va *81 200 15% 16 15% 15 Va 15% 15% 15% 15% 6,000 13% 14'/a 13 % 13% 127/a 13% 12 Va 13 Va 79,900 3% 3% 3% 3% 3% 3% 3% •3% 3% 5,500 9% 9% 9l/a 9 Va 9 Va 9% 9 Va 9'A 9% 3% 1,300 37% 38% 36% 37% 36% 37% 37% 37% 38 'A 82,300 110% 100 series A *-100 5% 27 100 *110 Co— 21 109 Va 5% 26 Va 5% 5% 26% 27 10% 10% 10% 10% 10% 34% 33% 34% 34 Va 34% 34'A 34% 107% 24 24% 23 Va 23% 43% 44% 1 & Corp 25% 16% 16% Co (The)—. Ruppert (Jacob) Safeway Stores common 45% 45 20% 5% 5% 25% 25% 25% 25% X5% >26 15% 15% 15% 16% 17% 28% 28 Va , 28 Va 28% 28% 63% 66% •104'/a 105% 67 63% 105 Va 16 V. - 16% 16% 16% 16% 16% ' * 14,800 21 Ve 1,700 1,900 5% 2,400 26 17% 25,700 5,800 28% 2,700 68 63% *104% 65 Va 16'/a 28% : 104 % 105% 17 5,100 16% 19 No par 19% 19'/. 19 V. 19 19'A 18% 18% 18% .18% 48 45 46% 44% 44% 44% 44 Va 43 Ve 45 Va *8% 8% 8% ;9 Va 9 V. 9 5 9 5 100 _ 20% 700 47% 1 Ruberold 45% 19 330 16% 1 Royal Typewriter 43% 19'A 5% 106 •104% 106 44% 18 100 106% 24 16% 63% 69% 66% •104% 42'A _ 130 2,300 15,900 98 Va 24 5% : 28 Ve 28% 28 % 20 100 23% 25% 15% No par A 23% 7,200 11 45 •96 106% 24 6 25% 1 common series 25% •42 97% 107'A 13.900 5Va 27% 34% 34 45 97% 106% 107 Va ■«': 110 *10% 24 17% 20 El Co •106% 44 17% •5% 6 6 Inc preferred 42% 17% *'•17 No par Mines.. *42 9 7'A *95 97 % *95 45 *42 45 *42 45 *42 No par 27% 110 10% •106% Copper 5% 5% 27% 112 19,100 23% 109 Va *108 llOVa 97% d 5% 27% *110 3C0 111% 23% 23% 109% 34 _10 Co 5% 27'A 110 % 110 *110 111% 10% 106 % Oil 22% ♦108 110% 112 *95% Manufacturing '110 22% •108 38 10% 1 class B 111%' 22% *108 27'/a 5% 2.50 No par % •no 111% 109% x21% 22% 109 *108 *110 110% 22 % No par . 106% Gas 40 18,900 llVa 91 *87 3% lo Haas 11% 11% CO 13% 100 Mills 11% 90 No par com Tob Antelope 11'A 90 % 11% 11% 90 *56 9 10 com 1 12% Apr July 13 11 Ve 90 100 4% May 11 8 12% Mar 11% series Rohm 28 21 % 61% 9% 23% 10'A 16% Ronson Art Metal Works Inc.— Apr 8% *23% 10% •56 58 91 11% 9% 23% 10 10% *56 58 •56 4,200 9 9% •22Ve 9% 24 10 Ve 12% Robertshaw-Fulton Controls 1 Jun 9 *23 10% 4,50% Rochester Sep 9% 23% 8% 11,300 16 Inc (R JJ Robblns 6 8% 16% series Roan May 12 19% Feb 6 16 16% 50c Corp Ritter Company 22 Jun 88 107 Corp Spring Richfield 22 30% July July 13 Mar 17 60% Jan 102 Dec 16 16% 3.60% Rlieera July 28 2^% Jun 13 16 15% Preferred 48% May 24 21% July 28 8 6% Jun Deo 15% 15% Preferred 15 42 % 16 15% 1.1 Common 2 *105% Mar 15% 15% •88 convertible preferred Reynolds 1,200 16 15% _1 Metals Co Reynolds 500 16 10 50c preferred Drug Reynolds 13% -25c prior pfd conv 5%% 400 13% *32 % 16 23 CLOSED 100 series common Revere Copper & Brass com 27% July 21 3 Dec 10 28 24% Jun 5 July 13 20% Jan 13 Jan 103% 111% Jun 3 18 Dec 6% 23 14% Jan 99% Jan 300 34 13 % 32 15% EXCHANGE 5 Inc Steel 300 7,000 36% 16 STOCK preference preferred Republic 4.400 24 % 50c prior Motors 32 34 % 15% No par Co ♦12% ♦32 32 % 24% 24% $1 convertible preferred 23 39% 16 24% Aviation Corp Republic Pictures common 1 38% Jun 13 Jan Jan Dec 16% 100 $4.50 30 July 13 28 Jun 36 i 5% Jun 11% Feb 30 Jun 24% Republic Jan 10 Jun 24 & Co— pfd Nov Jan 10% 24% Inc Remington-Rand 14 8% Jan 91% Conv 12% 90 2Vt 17 Bit div 92 5% t (Robt) $1.25 14% Feb 20 Feb Hosiery Reliable Stores Corp Reliance Mfg Co common 62% May 15 56% July 28 Apr AO 24 60 Reeves Bros 11 Feb Jan 9% 7 22 24 % _6o Roller Jan 23 % preferred Reed Dec 8% 27 32% preferred 2 Reis 4y« 18% •32 Shares 34 36% 32 % 31% ——60 _— S per share 33% 32% x31% -25 cutumuu galea for the Week •32 share 33 31% lit 3 ' Jan , 16% July 27 32% 32 % 31% 2n«> Silk Friday July 28 27 33"% son-cum 4* Real v t per I per share I per share share Jul July 2« 31% uon-cum 4 ■* * S per t per share i prsfsrred. Monday, July 31, 1950 Thursday Wednesday July 25 33 Inc common wm 34% Mar 22 14% Jun 30 13% 15 % 12 : 34% Jun 39 Va Feo 1 10% Jan Rayonier . SALE PRICES HIGH AND Tuesday July 24 July 22 Par 22 2a« ju.y 25. 19 Jun 28 V* * * LOW Monday Saturday STOCK YORK EXCHANGE Sper share share X24Jan 301/, Jun NEW Range Since Jan. 1 Lowest Highest Year 1949 . RECORD STOCK STOCKS Bange for Previous . •Ill 9 •8'A 9 2,800 8,800 . * 700 S 33% Feb 35% May 48% Jan 7% Jun 12 Va Jan 43"% 26% July 12 Dec 113% Dec 109% Apr XIIOV4 Jun 37 Mar 24' 34 9% Jun 42% Jun Jun 87 Jun 131 Va Dec 128 Jan 26 Jun 100% Nov 98 Jan 24' 6% Jun 9% Jan 78 77 87 May 30 9% Jun 13% Dec Apr 12% Jan 31% Dec 110% Jun 46% Jan 7J0 Jun 98 Oct 78 Jun Jun 12% Jan 14 Oct 93 May 7 Feb 6 Jun 30 84% Jan " 9 Jan 104 94 7 42% 42% 42% 13% 14% 13% 15 14% 15 14% 14 Ve 14 14% 16 Mar 27 5 92 Mar 3 Jun 62 Dec 60 Jan 16% Jan 19% Sep 21% Feb Feb 56 Dec 47% Jan 25 82 5% Jan 10% Jan 31 15Va Mar 17 40 14VaJuly 28 9% Jun 16% Dec 4% Jun 6% Jun 77 Jun 5% 6% Jan 11% Dec 8% July 13. 90 Va Mar 13 98% May 17 5% Jan 3 24% Jun 21% Aug 22% Jan . Range Since Jan. 1 Lowest Highest Servel Inc ' t per share 31% May 24% Jun 37% Jan 25% Feb 38% Dec « . 27 33 45% May 108% Apr 4 Oct Dec 15% Jan 7 30 Jun 40% Dec 34% Jan 25 46 % July 28 11% July 25 12% July 24 7 Oct 6% Jan 4% Jan 24% July 12 13 vJan 8 33% May 26 36 May 3 24% Sep 21% Feb 16% Jun 22% 20 Va Jan 19 Jun 33% Dec 28% July 13 36% May 29 21% Nov 31% 17% July 13 25 Jan 77 July 19 88 Mar 89 July 14 102 5 15 52% July 13 14% Jun 07% July 3% Jan Dec Jan 88% Feb 100% Mai Jan 14% Jan 17% Oct 107% 16 3 4 14 Jan 20 3% Jun Dec Feb 29 106 4% Oct • , 28% May 20 65'/a May 22 July 24 Skelly 26 Feb Mar 10% Dec 52% Oct 7% July 25 ^ 51% Jan 11 12 8, 3Va% s 118 Va May 24 4% Jan 12 Jan 53% Apr 14 14 12 11 Oct 14% Apr llV# Jun 9 Feb 40 Nov 36% Jan 3 46Va July 28 36% Jan 45 Aug 40 4 45 29% Jan 35% Nov 31% July 26 10 Vt Sep 12 10% July 12 13% Mar 16 19 Jan July 12 28% Jan 3*6% Nov 30% July 12 32% Jun 51 Dec 49 42 42'/. 42% 42 Va 42 Va 19,300 16 Va 16 16 15 15 Va 14% 15 14 Ve 15'A 5,000 Jan Feb 12 Jun 27 44, 44% i .26 V. 27 V* 5 7 Feb 71 Apr 29 21 Feb 26 Oct 20 Va Jun 26 25 Feb 24 22% Jun 29% Mar 25% Jan 3 6% 106 Vs Jan 20 5 25 July 13 92 Deo 89% Jan 52_% Dec 47% Jan Spear & $5.50 23 72 24 Feb 19Va Jun 9 49 Conv 3 Mar 108% Apr 24V# May 5 $4 96% May 24 4% July 13 7% July 12 77% Mar 27 3 Brands 60% 59% 61 60% 61 60% 63 25% 26 25 25% 25 25 25% 26 25% 30% 30%. 30% 29% 30 V. 30% 31% #1% 19 V. 19 V. ♦18% 19 Va ,29% ' 19 18% - 111 Ill 78 *77 78 90% •86% *16% 3% 3% 7% 8 V. *52 V. 53 11% t 45 110 109 •42 - 32% *61 32% 32% 62%. *5% •68 6 " 22 10 Vs • 3% *52% •52% 53 53 12 12 45% 45% > 43 12 43 No par ■. 68 10,200 18,100 12 12 2,600 46'A 46% 2.4Q0 *42 43 32% 7,700 10 % 10% 82,500 20 20 31% 20 32 32% 32 J/4 33 % 32% 33 4,400 60% 61% 60% 61 % 60% 61 70,800 41% 42 40 % 41% 35,800 62% 63 62 Va 63 62 % 61% 61% 33% 61% 40 Va 42% 61 62% •61 62% ►61 11% 11% 11% 5% 5% 5% 5% 5% 70 5% 70 6% •69 22 22 21% 31 30% 31 30% 9% 68 3% 8 V. 53 10%. 22 % •67 68 1,000 10% 11% 5% 6% 72 67 10 Vs 67 9% 67 11% ■ 5% *6% *69 11% 1,700 5,200 110 I,600 6Va II,300 6'A 500 72 22% 10 1,900 22% 22% 31% 31Ve 31% 18,400 10% 10 10% 17,100 68 67 67 210 11,100 ' 2 101,300 *19% 10 22 'r 46 400 , 19% 19% 6 Ve 3% •52%- • 10% 10% 71 •' ,7% 110 32 32 10% , 109 Va 90 % 31 % 31% . 12 46 ♦42 ;9% 30 Va 9% 110 8 29% 22% 29% 1 1 16% 21 Va 11% 5% *5% •68 71 16%. 3% 20% 11 . *77 r *J36% 21% 110 109 2,700 78 21% 7% „ 3,300 1,900 20 21% 21% 7% •43 ' 32% 8,800 31% 17 3% *42 62% "26 90J/a 7% 12 70,000 16 % 3% 45% 400 28% •86% 53 44% " "34% 78 8 / 43 4.700 * < 4,000 3% 19% 20 3% .7% •52% ,<11% v 20% • 6,100 8 Ve 27 *77 17 3% > ■' , 12 44% *42 ■ 19% 90% 17 . 109.. , 5% 5 common 17% 17% 17 V. 17% 17 17% 17% 18 17% 18 l 31%. 31% 31 32 29% 30% 32 32 32% 32% 107% 107% 670 21% 7,500 No par com preference 143 Dec 121 July 13 160 Mar 22 $6 159% Dec 136 July 13 174 Mar 22 $7 prior preferred— For footnotes see page 22. 27% 11% '106% No par 20 Ve 20% No par 92 92 Stand Gas & Elec Co cora_—Nopar $4 62 27% 1 $3.50 preferred . "28 33 % 5% ; Inc 28% 32% 27 11% preferred 34.% 27% t~ 1 No par 34% 32% .—No par ; 26% 27 V. ___10o Bros Inc 3% ; 32% 25 100 27 33 No par common preferred Standard 6 31 common Square D Co Squibb (E R) & Sons 26% 27% •32% iqq stock tr ctfs_ preferred $4.50 26%- *33% No par * 8pencer Kellogg & Sons Sperry Corp (The) Spiegel Inc common 31% July 27 12% Jun Co 3% 26 V. 8 8% 3% 59% Ro par preferred Spalding (AG) & 8 3%* 27 Nonpar Co Sparks-Wlthlngton Co 18 3 , 8 3 Vs ' 26% , 62 Jan 15 V# July ' ___Nopar 26 11% 12 7% 8V. 3% 42 Apr 29% July 26 11% 12 61 5 Dec 11% 62 60 Deo 7,700 60% Oct 18 % 12% 39% May 37% 12 12 40% 73 Feb 19,900 -60% Dec Jun 46'A 39% 53% 13% 45'A 59% 15 23% 100 451 59 Va 10% Feb July 26 44 32% Jan 67 44% 60 6% Apr ; 900 43 Va 3% ; 1,600 9% 16 Va 44% 7% , 106 43% 34 % 3% May 3% July 71% 12% 9 2 16 3% „ 9 Va 16 8 Vs 8 •105 106 16 3% 1 9'/a 9% 16% Is Mines.* ♦105 106 9% 16% 34 14 8% Mar 30 11% 105 6,800 17 9% 59 V4. 13% Feb - share 17 ! 13 * 106 ',9V. ■< 7.50 10% July 12. 29,200 34% •105 .. Pacific Co Jan 3,700 36% 35 36% V,. 33 17% _s Railway 26% 34% Natural Gas 13% 10% Mar 36'A 106 •105 25 & Ohio 26% 27 36% Southern Jun Jan 35% 17% Co non-cum 26% 26% 34 Southern Mobile Shares f per share 26% per 36 40 5% the Week t 33% 10% Southern galas far / July 28 36 % V 19% j , 34 10% 9 • 34% 20% Feb 50 Friday July 27 33% 10% July 27 2,800 16,600 f per share 35% 20% 63 7% 9% 95 34 V. 34% 5 42% July 26 9% •93 26% par 65 7% , 9% 937/e Thursday Wednesday • 7% 8Ve 93 V. 9 26 CLOSED _. 28 7% 7Ve 95 4,o00 PRICES SALE I per share 27 23% May 25 Apr 11 61% July 25 70 Va July 26 California. Edison— Southern Co (The). ~ * ■ South Indiana Gas it, Elec__No , 93 % July 25 9'A Southern 11 Jun Tuesday 21% 29 64 HIGH AND 20% 53% Jun 3 • 21% 32% Feb 4% Jan 8% 9 % 95 •93% •8% Southeastern Greyhound Lines 5 South Porto Rico Sugar comJNo par 8% preferred 25 1 36% Jun 9 •• 9% 7'/. 7% 7% 7 Va 95 20% 58% Jun 41% 17 Feb Jan 42% •86% Jan 109 ■41% •77 Jan 18% Jan 98% Jan 1,900 42% 17 66% Dec 11 % 90% 61 22% NOT 11% 78 41 107 11 17 Jun Jun 10 Ve •86% Jun 82 11% •77 Nov Apr 17% Apr 10% STOCK 1 preferred 56 5% 11% .73 4.20% preferred..... 100 Smith <fc Corona Typewriters_No par 45% 10% 4,500 11% EXCHANGE — 25 % 2,500 16% 75% No par South Amer Gold & platinum. 1 South Carolina E & O Co com—4.50 5% preferred 50 28 26% Nov 74 16 Va 75% 70 Va 70 Socony Vacuum Oil Co Inc 15 Solvay American Corp 4% pfd—100 23 22% May 26 21% July 28 11 Oil 33,700 16% No par Sloss-Sheffleld Steel & Iron » 20 Smith (A O) Corp.. 1... Smith (A) At Sons Carpet Co com—20 > ' 7Y« Jan 40 No par Corp of America- King Coalition Simmons Co. Simopds Saw & Steel Sinclair Oil Corp ^ 34 V. No par . 9 74 74% 34% ' G)— Silver May Jun 29% Mar 21 . 26% 33% 76 I per share I per share —1 73 2,600 86 *84 34% 16 Ve July 24 July 22 13'A 13 13% 86 32% 74% Msnday gatardmy ►84 33% 16 Va LOW preferred (Frank Sheraton : 18% 17% 9% 32% 110 91% 108% *107 74 16% 7% 13 Ve 13% 86 ♦84 91% 90% 108 % 2,300 16 V. 5 ►93% 13 13% 32% *107 31 72 41% l 90 Va 89% 108 Va 30% 31% 16% 12 1 89 " 74 12 No par 30% 29% •107 92 16% : 28% 28% 68% 16% No par Co 108 Va 86 77 V. 5 140 100 Va *107 . 68% Sheaffer (W A) Pen Co Shell Oil Corp Sheller Mfg Corp common * 8% May 13 36% Jan cum 4 Oct Jun & 100 108% 13% 31 16% ; _ 100% *107 108% 75% EXCHANGE Shattuck 11 21% Feb 2% Mar 31 27% Nov 11 28 10% 68% 1,900 100 108 Va •84 31.% 79 100 Va •107 *89% 86 ; 78 78% •lOO'/s 108% •107 * 13 V. 13 Va *84 78% 100% 28% 27% 79 78 82 80 100% •107 1 common , $4.25 6 10% 83% May 05% Jan 5,900 36,500 100 Shamrock OU A Gas Sharon Steel Corp„ 8harp & Dohme common 36% July 28 16 July 25 105 Va Feb 14 8% July 12 15% May 18% 38 Ve No par par 30% May 19 Apr 22 18% 3 7'A 30% NEW YORK STOCK . * « Jun Jan 18% 38 % 27 Va 5 t per share 8% 5 18% 37% No par 84.50 preferred Highest _ $ per share 11% 2% Jun 18% 37% STOCKS Year 1949 Lowest 18 36% 82 % 100 ; 190 90 18 37% 108 Va com 90 90 18 100 Va 25 vtc *89 44,200 36% 82% preferred series A Finance Co Bange for Previous 8 per share (The) com 88 Va 9% 18'A *107 Seeger Refrigerator Co. Seiberllng Rubber Co.._ May 20 .7% May 27 14% May 31 Feb Co 88% 88% 9 Ve 9% 38 •lOO'/s preferred Seagrave Corp Sears Roebuck 20 *87 8% 8% 18 No par Seaboard Oil Co of Del 9 101% Elee 3.35% 2 48% Jun 87 87 8% 8% 37% No par Seaboard 36% Scranton May 11 8% 9 8% 5 Seaboard Air Line 47% 34% July 28 74 Va July 27 170 115 92 Jan ..July 17 •110 15,000 150 *110 108 86% Jan Jun 145 115 •89% 20 33% 160 •110 •106% Sep 11% Dec 44 % Dec 155 115 100 Dec 3 159 •110 100 91 110 4,800 74,600 ' 53 Va •155 115 4;30% 21% 52% 53% 152 Mfg Co common 3.65% preferred : Jan 53'A 53% 150 •110 1.75 preferred—* 53 54% •U1 111% 150 __5 Scoville 2 52 * •111 115 No par Jun 16V8July 26 52% 111% 150 100 - 111 112'A 50 V. 100 100 Inc 8,600 427/a vtc ; 13% * 42% Ry CO...100 $3.40 preferred ' 30% 111% 42 series A Industries 83 . 5% $4 preferred 8 19 30% 30% 42 No par Scott Paper Co common 110% May 25 12% July 12 Jan Apr 4.40% 30% 30% 111% 41 Savage Arms Corp July 12 31% Jun pfd 30 Va •111 41 preferred St Regis Paper Co common 10C.;'a Jun 21 20 series A Southwestern Sehenley '* 30% 40% non-cum 1st -Feb 109 Louis 5% 1 94 91% Mar 104% 22 66 28' 94% St 105% Feb Nov 108 Preferred 21 30'A 31 30 V. —10 .. St L-San F Ry Co com vtc 20% May 24 38% July 27 99 May 1 Dec 90 6 13 preierred St Joseph Lead Co 9% May 19 29% Mar 10 *103% July 5% 54% July 25 7% July 13 85 7 165% Feb 22% Jun July 4 Mar 42% July 28, 15 July 25- 27 31 Mar 114 19 prior preferred No par 6% 54 108 106% 20% •91% 6% 55 V. No par 130% 130% ..No par 143% 145 6Vs . 51 . *130% 143 106% 20% 93 6% 53% 107% 20 Va •92 6 51% 108 20 Va 93 108 % 20 V# *92 108'A 21 93 6% 5% 6% 52% 51% 52% 131 130 130 144 140% 142% *129% 141 21% •92 5% 51 93 6% 54 1,300 10 44,000 33,800 132 131% 131% 300 141 141 142% 1,700 ; Number 4929 Volume 172 The Commercial and Financial Chronicle ... (397) NEW Range Since Jan. 1 Highest Year 1949 S per $ per share share Jun 70 SCP J6V» Jun 45% Nov 60 % Jun 20 Jun 74% NOV $ per share $ per Jan 72% Jun 61 25 share Par 9 42 ft Feb 14 55 ft 25 80 Jun 12 31% Jun 23 27 ft Oct 102% Dec 12 Jun 20 ft Dec 18 ft July 13 25 Jun 22 40 Jun 48 Dec 48 Jan 52% Jun 23 X27 Jun 38ft Jan 26ft Mar 10 July 13 12 ft July 14 15 Jan 28 35 Oct 34 July 12 39% Feb 10 94 Jan Jan 98 Feb 24ft Jan 33% Dec 30% Apr 9ft Jun 3 21% Apr 21 Jan 10% Jun 27 14 ft Jan 7 15ft Jan 14ft Jan 13% Dec 18 ft Dec Jan 9ft 5 18 ft Jan 4 12ft Feb 21% Dec 16% July 13 16 ft Feb 28 Dec 25 ft 28ft Jun 52 Dec 38 6ft 90 1 41ft Aug 100 Feb 9ft Jan 52ft Jan Oct 96 Feb Sep 66% Oct 25% Jan 101 Feb 12 4 103ft July 18 21 6 32% July 28 I 100 21 July 17 117 Jan 9 Jun 11% Dec 15 July 17% Jan 16% Jan 7 11 20 15 Jun 12 101 8ft July 17 55 ft.Feb Mar 71 Apr 18 64% May 12 , xl22 Jan n 14 Apr 4 30 22 May 9 25 Standard 3%% 20% 21 ft 20% 50 *49% 49% •31 ft 31ft 12% 35% 1Q0 . 3%% preferred ..100 *30 ft 12% 12% 32 12% EXCHANGE 35 ft 35 35 Va 35 ft CLOSED Jun 30% Jun Dec 7'A 227 14% Feb 27% Jun 8 ft 41ft Dec 108 ft Aug 76ft Sep 3% Dec 11% Nov Jun 17 Vis Dec Jan 38% Deo. { 12 • Feb ;24ft Jan 89 Jun Mar 6% Nov 3 9% Mar 30 15% July 27 Jan 195 35 9% July 11 33 ft Jun 29 9ft 4an 3 ft July 13 Apr 4 37% Mar 23 15% Mar 26% Apr 6 18 5 ft Jan 3 7% July 21 11 ft July 11 12% May 26 Jun Jun 18 Nov 17 48% Jun 65% 18% 4% Apr 10 Jan 3 Nov 59'A Jan 25 Nov 15 ft Jan 13 Dec 13 88% May 31 Jun Dec Mar 13 4 2% 6% ft Ma} 10 Jan 79 9% 12ft , V 18 13% \ 42 112 July 17 July 13 103 lift Jun 56 Jun 70 ft Dec 63 % 16 ft Jun 26 ft Nov 20'A Feb 7 ft 19 Apr 18 May 17 71% Jun 2 37 ft 37 13% 14 13 ft 13% 17 17 17 & Co Inq 5% —, prior preference———20 Webster Nopar Stone Studebaker Sunbeam u Sun Oil Co compon-——, 22% Jun 22 Mining 16 74% May 19 32'A July 27 39% 9% •38 40 99 *97 99 9'/a *97 59% 120 9 ♦11% 12 ft 11% Telautograph Corp 5 5 Tennessee Corp , Texas Gdlf Gulf Texas 14 Jun 30 7ft Jan 3 32ft Aug 30'A Jan 3 43 Apr 1 Dec 14 12% July 3 13'A Jan 17 Jun 6% Jan ,1ft Oct 5% Jan 3 7% Jun 1 Thermoid 36% Jan 4 4 $2.50 9 Mar 84 ft Apr 2 'A May 23 Va May ,— Dec 95 4% 40 Oct Dec 5'/a July 13 51'A May 12 94ft Jan 4 2% July 12 27'A July 28 19% Jun 25'/a Jan 22 Jan 3 13'A Jun 19 Jan 13% Jun 27 32 ft Nov 43 ft Mar 33 Land ft July 14 May 24 7 ft Jan 10 Jun l 60 100% May 12 5 ft Feb 6 42% Feb 6 $1.25 38 Apr 22 Timken Roller $ per share $ per $ per share 10 Jan 16% 10 Jan 17ft Dec lift Jun 16% Feb 6ft Feb 9% Dec 98ft Feb 108 ft Oct 9% Aug 15 ft Jan 19ft Jan 25 ft Dec 37 ft Dec 32 ft Jun Dec 99 32 Va Jan 98% Sep 4% Jan 24 Jun 103 10 ft Nov 34ft Nov 14 ft Mar 29 7 8% July 13 104 ft Jan 3 10 Jan 3 18 ft July 17 29 Jun 2 8ft Jan 5 29 ft Jan 18 4% Jan 3 Feb 21 6% Jan Jun 10% Dec 10 39 Nov 46 Jan 10% Feb 12% Apr 4ft Jun July 13 15% Jun 15 $ per share *5 ft 5% 5'A 5'/a 600 18 ft 18Va 18 Va 800 68% 66'A 67% 60% 87% 18% 67% 68% 68% 69% 21,700 9,800 20'/a 20ft 20% 29% 21% 20 ft 21'A 70% 72 69 Va 71 Va 71ft 72 ft 73 ft 74 29 Va 30 Va 29'A 31 '/a 30% 32 ft 31 ft 31% 57 ft .60% 6% 6ft *3% 21% ——1 39 4 21% 6 6 58 58 ft 93 98 8% 8% 8% x32% 33% 33 ft *12% 12% 12% 6Va 6 ft 6'A 6'A 13 6ft 39'A 39 ft 39 ft 3% 21% 9 39 ft 3% 21% 3% 3% 31% 22% 23% 6ft *5% Oft ft 57 ft 58 ft *99 2% 99 99 *27 23 6% 6% 39 99'A 58 33 ft 13 39 *3% 82% *5% 5ft'A *5% 58 *98 „ ft 2% 17 ft 3,900 10 Va 4,200 9% 33Va *12% 6% 260 13% 300 6% 2,800 80 ,3% 58ft 3% 500 23 ♦5% 23 ft 3,000 58% - 60'/a .99 T 2% ; 27 ft* 6 ft 100 4 < .3,100 - 290 99 2% *27 29 ft 28ft. 29 29 29 ft 29% 30 16 16% 16 Va 16'/a 16 ft 16 ft 16% 16'A 16% —Nopar 37 37 ft 36 37 30 ft 37 36% 37 37. 37% Saturday July 22 t per share ft Monday July 24 t per share 12 Tri-Continental Corp common 9 ft 9'/a ——.—_2 preferred Truax-Traer Coal Co 31,200 - 33 Va -—5 $6 2,700 . 39% ♦39 4 ft 99%' 2% .v 17'/a 9,000 58Va 36 ft 16% 2% 29 11% Jun 1 105 No par 20th , 105 July 25 14% 14% : 100 July 88 7,600 . 4,400 t per share 8»les Friday f«r the Week Shares 18ft 19'/a 18% 19 ft 44% 19 15 ft 19% 19 - 19 ft *16 ft 17'/a *16'A 17 ft 17 ft 17 ft 17ft 17ft 400 9'A 8% 9'/» 9ft 9'A 9'/a 9% 20,200 9 105Va 13% 14 ft 13% 19% 19'/» 19 32'/a 32'/a Co i4% 2.J0O r 14.900 Thursday July 37 I per share 15 2% 27 Va S per share Ju)y 26 t per Share 5 — 2% 'ft LOW AND HIGH RALE PRICES Tuesday Wednesday Century Fox Film com—No par $1.50 conv preferred -Nopar $4.50 prior preferred Nopar Twin City Rgp Transit com,,No par 5% conv prior preferred.—,—50 Coach 17 9% 60 ft 14 28% Par 14ft July 26 1.6 ft 33 ft 13 ft 3ft 33 ft 59 13% 2% * Twin 25,600 58 ft 13% 59 28 ft STOCK 25 V8 Jan • 13 ♦26 ft Axle Corp 59 23% 2% *27'A 10 17ft Apr 6,100 28% Oil 19 7% July 28 J6% *38% 12% 15% 13 15% preferred—,50 9 33'/a 12% 17% 39 15% 1 — 8% 15 5 15% 33 Va *16% 13 T —Nopar Transcont'l to Western Air Inc—„5 Jan 56 Va 12 ft 15% Transamerica Apr 57 ft 12 Va 15% ft Transue & Williams Steel,—No par 36 Va Jan 55% 56 ft 54 12 8 li 13 Va 56'/a ft 11% 56 54 23 103 ft' 20 ft Jan tf 200 12 ft •11% 19 Va Jun 110ft May 17 15,700 5'A 20% Apr 18 *11% 140 7'/a 17 ft 57% Bearing share 7ft 12 ft > 2900 86 ft 13'A lift (The) YORK , 85 ft 7% 30% EXCHANGE Lowest Highest Dec NEW Range Since Jan. 1 Highest Year 1949 *11% *85 4,500 11,300 5 ft STOCKS Range for Previous Lowest 7ft 13 ft 2Q% 21'A —— Timken-Detroit 2 7ft 13 ft 39 ft 17ft 54'A Associated 17% Jun 86% 36% 13% 20% 86% 37 72 ft Thompson (J R) — ,—,—15 Thompson Products common ,—5 4% preferred— —_—,100 Thompson-Starrett Co oom—No par $3.50 preference No par Water *85 7'A 120 1,300 37 21 tThird Avenue Transit CorpJNo par Tide 20 ft 19 106 ft 10 5 57% Co common 30 ft May 22 20% *105 ft 10 ft ; 9,800 300 41 *39 4Q 106% 18 1 Fair Thomas Steel Co 36 ft 13ft 3.300 5'A 100 preference convertible 40 105ft 19% 4,600 319 310 14% 15% 29 ft preferred Thatcher Glass Mfg Co common-,-5 The 15% 17% -50c —No par common conv 7,500 1,300 9% 9% Trust— conv $2.40 4,800 17% 50 ft 5% No par Inc 23% 17 72 —10 certificates,—. share Sub 67 ft Nopar Pacific Coal to Oil Pacific 600 50 305 36'/a 13'A 12 23 9% *9% 39% 13% 36 ft 19 10 Producing Co—. Sulphur Texas Apr __ 9% 120 19 .56,300 18ft *5 ft *18 25 Texas Co 15% Jan 8% NOV Nov 36 ft Talcott Inc (James)-, 13 ft July 6 9% UQP 13% 17% 15 * 121 ft 50% 298 106 ft 7% Texas to Pacific Ry Co_, 7 196 ft '129 13 ft 9Vf 106ft 93 22% 22 ft 295 39? 15 ft 14 ft 38'/» 39ft 14% 37 ft 62 2,900 99 19 •50 9 9 9ft 295 *97 61ft 17 ft 16 ft 10 7'A Textron 5ft Jun 37% 105 ft 7% 14 24 *37ft 105'/a 295 14 Va 37 V8 *195 ft 7 ft 6Q'A July 26 3 14% 9 1,900 ft 9% 9% *18% 17 600 7,300 18 60,100 13 49'/a ——-1 Symington Gould Corp, 65'/a May 20 5 295 14% 16% 49 Va 9,300 9,300 28% 121 22% 17 51 85% 14 3% Jan 295 9% 22 22 ft 17% 9,400 40 ft 9% 13 16% 86 30 17 ft Jan 9ft * 300 27% ♦1?0 18% 400 4,300 40 93 60% 18% 600 13 35 35 *99 Va 100 38 Va 39'A 14 14 ft 13% 14 *17 ft 17% 40 9ft 61 >120 131 12% 13 10,500 49% 32% 27% *97 50 V 65 July 17 Jan 17 ft 51ft 9% 61 13ft Feb Jan 16% 51 ft ''9'/a 19% 85% July 28 17'A July 28 14 Apr 1 7'/a 22 ft 35% >2iy' if 19 ft — Jun 20 18'/a 22% 13 •18'/a 22'A 13V« 53 Jun *120 13 ft 18'/a —_10c 60% 129 13 12.50 *97 ft 1Q Jun 9% 99 59% 13 44 1% 40 27 ft 39 9'/a ft 20% Dec 14% 17'A 27 19 ft Dec May 17% ?7ft 13 ft lift Jan 42 17 ft 35% 58% Mar 17% Swift International Ltd,——— Sylvapia Elec Prod Inc com,,No par $4 preferred — —Nopar 48 35 17 ft 19 Feb Oct 17'/a 36 Jun 4% 17'/a 9% Jun 12 17 14 17 ft J7% 25 8 4% Mar 14 13 ft 26 preferred — 100 Sweets Qo of America (The)—446% 33'/a 25'/a 39% 13% 42 % 36 - 38 ft 27% ' 100 13% 41ft Superior Oil of California———25 Superior Steel Corp:—50 Sutherland Paper Co cop— 10 Swift to Co 34% ♦99ft 35 30% *12% 38'A 14 ft 1 No par Co— 13 20% 31ft 13 18 — — n2ft 300 194 49% 32 ft 20% 49% 13 ft 17% Chemical Corp common—1 $4,50 series A preferred —No par 4 ft 37'A 29% *49% 31ft 49,100 12,500 30% 30'/a *102ft 104 17ft ft 27 ft Sun Sunshine *99ft No.par Corp Corp 192 ft 104 12% 34% *99 —,—15 5 (J P) Stewart-Warner Corp Texas July 13 ft 100 *99 Stokley-Van Camp Inc common—1 Sunshine Biscuits Inc 106 ft r. 30% 12% - ft 100 36% 37 13 ft 13% 13ft 13ft 63% Apr 8% Aug , 30% STOCK *102'A 39 ft 29% 20% 49% 23% Apr 4 17% July 27 127 30% 29% 50 49 11% May 11 316 Jun 23 77% 21% Spring common 19 8ft July 12 76 49% Steel convertible Sep ft Sep 55 ft 74% 73 , 30 54 ft 75% 21ft 4% Dec 12 29% 30 16,700 32,600 54% 74 ft 1 preferred —50 Starrett Co (The) L 5 —No par Sterchi Bros Stores Jnc, 1 Sterling Drug Inc common—. 5 Standard 14% July 12 ; 29% Shares 70 ft 52 ft 103ft 21ft 7% Mar 74% share 69"- 52ft * 51 51% 103ft 60% 11 50% 73% 103 ft Jun July 13 51% 75 ft Sales for the Week < per tper share p o 69 ft 103 ft Feb Jan 68 »/a 69% Friday July 27 J per share share —,100 16ft 118ft Jan 14 10 ft Jan 25 68% 74 ft Class A 4 ft % preferred .100 Sunray Oil Corp common 1 4%& preferred series A—,—25 4ft% preferred series B 25 5 Va % conv 2nd pfd ser 1950—20 Dec 122 # per 69 ft 50% New preferred series A July 25 July 28 Thnr?d«y Wednesday July 26 Tuesday I per share 68% of of 36 ft , I per share Indiana—, -25 Jersey-——25 Oil of Ohio common 10 Oil Oil Standard Stevens 23% Apr 27 35% Jun. 9 ft July 13 95 ft Jan 7 39% July 27 27 16% July Mar Oil of Standard - Monday July 24 California___No par Standard July 28 66 Jan Saturday July 32 EXCHANGE May 90 ft RECORD LOW AND HIGH SALE PRICES STOCK NEW YORK Lowest Highest 65 STOCK STOCKS Range for Previous Lowest YORK 21 105'/a 105 14 V» 14 '19 ft 19 105 105 19 Va 105 ft 23,000 15% * 13,700 1Q5% 195% , 130 14% '•J 14 ft 14 ft 14 V, 7,600 19 ft 14'/, ' 15 ft 20 20'A 20% 8,900 3,000 33'A *32% 33% *32% 33% *32% 23% •98% 100 99 99 ♦98% 100ft *93% 100 '/a *98% 100'/a 100 11% 12 lift lift U% lift 11'/a 1,800 35% 35'/a 6% 6'A 6'/a 34 6% 34 ft 6Va lift 35ft 6'/, lift 35% 12 35 ft 32'/a —1 *34 6% *34 6% 7ft 100 35 7% 12,100 3,700 1,600 U 8 ft 19 13ft Jan io 33% Jun 15 26% Jan 45 Va 40 ft July 17 Jan 112 Aug 94 Jan 96 Nov 86ft Jan 94 Aug 13 111ft Feb 2 Jan 30 96 90ft Jan 103 Jan 30 24 25ft Jun 32% Sep 24% May 73ft 48 ' Jun 89ft Jan 81 Jun Apr 51% Feb 50 Jan 36% Jan 31 May 12 27 Dec 25 ft Jan Oct Oct 106 ft Jan 3 13% Jan 25 30% Dec 20 ft July 104'A Jun 109 ft 10'A Jun 14% United 47 31ft Jan 107 33 ft July 28 39% July 14 10% July 17 19ft Jun Dec 24ft Mar 20 22 33% Jun Corp (The), 1 Underwood Corp — J—„——No par Union Asbestos to Rubber Co_,„,5 Union Bag to Paper Corp,—No par Union Carbide to Carbon No par Un El Co of Mo pfd $4.50 ser_,No par Preferred $3.70 series——Nopar Preferred $3.50 series——No par Preferred $4 series— No pai Union Oil of California,, ,—25 Unicn Pacific RR Co common,,—50 4% non-cumulative preferred—50 Union Tank Car Co, —Nopar 13% Jun 2 27 51 114 May 10 July 101ft Jun 98 7 26 July 17 107% May 23 30% July 23 98 53 13 Apr 112 Julv 27 July 11 Mar 20 183s July 27 61% Jan 85% Oct 79 ft July 11 90 July 27 19ft Feb 31% Dec 24% July 17 33 Mar 29 Jun 103 4% 29% 106 ft Dec Jun 9% Oct Jun 38% Jan 106ft Jan 3 7% Mar 28 32 ft 23 July 12 Jun 30 110 Feb 28 10% Jun 23 3% Jan 3 3 4'ft May 31 12 Mar 6 Dec 58 July 17 78% Mar 14ft Aug 22% Jan 16 Mar 29 21% July 27 34% Jun 42% Dec 39 July 18 46 % Mar 28 Jun 55% Dec 50 ft July 12 65% Jun July 19% Dec 19% Mar 22 3 13 Feb 26% Dec 14% July 18 22 ft July 13 9% Mar 13% Sep lift Mar 30 15 Dec 15ft July 13 24 Jan j 16 18ft 29'ft Apr 18 July 28 Jun 26 19 Jun 25 ft Dec 15 ft July 13 23% Jan 12 18% Feb 30"% Dec 27 ft 36% Jun 12 Mar 19ft July 12 102 ft Nov 12% Jun 17% Jan 14% Jun x89 ft Jun 116ft Dec 90 ft 175 Jan 187 Oct 94 6% 43 Jun May 17% Apr 3% Jun 15ft Jun 100 Mar 18 30 July 26 181 ft July 19 10ft Sep 8ft Jan 57 Jan 46ft Jan 26 ft Oct 22 3 106 ft May 23 18% May 19 135 Jun 5 189 Mar 2 lift May 16 4 54 Mar 29 Mar 11 31 July 28 9% Dec S% Jan 10 19'ft July 28 30 ft Dec 28ft Jan 9 57ft July 28 For footnotes see page 22, 113ft 112ft 112ft *112 ft 103 *99 103 97 97 ♦105 106 •112ft •99 97 ft •105 97ft 106 28'/a 28% 91ft 92% 51»/a 51ft Carbon *99 97 ft *105 103 *97 98 106 28% 28 ft ft •105 29% 94 51'A 97 ft 51% 29% 32% 33 33 33 32'/a 33'/a 33 32'A 32% 33 32'A 32% 32 ft 111 17 16% 86 *83 Va *110 111 16%' 17% 86 87 ft 26 ft 26 ft ,-No par Carton Corp_;:__10 9'A 9ft 34 ft 34 34 ft 24 ft 24 ft 24'/a 2% 37 3% 3 37 3% 9% 9% 63 ft 63 ft 19% 20'A 43'A 56 9'A 2% 37 3% 9% 1U% ill ft 17 ft 18% 111'A 17% 85 * 109 108 '/a 90 26 26'/a 109 *108 ft *9 'A 9V2 35% 35% 24 % - 9ft 34'A 9'A 24'A 2% 2% 37 37 3% 3% 9% •9% 24'A 2% 2% 37 38 3% ft 3% 9% ~ <9 112 300 18'A 90 26'/a 26% 109 600 1,400 29,200 112 17% 89 ft 90 *108 Va — 20,800 16,000 30% 98 51ft 31% — 220 106 96V2 33 112 30'/a 30% *• 98 51% 33 15'/a ♦105 70 112ft 103 98 32% •83 *97Va 11,900 33,100 51ft 31% •110 106 *99 3,200 31 43% 96 ft 33 261/2 , 800 2,000 26% 100 109 10 10 10 36ya 36 ft 36% 24 ft 25 60,100 2,700 , 3,600 25 800 3 2% 3 39 39 ft 40 31,200 370 3% 3% 9% 9% 3% lO'/a 48,000 1,600 64'/a 62 62 63 64 65 66 190 19% 20'A 19 ft 20% 21 21% 21 21 7,100 43 ft 42'A 43'/a 42'A 42'A 42 ft 42% 42% 42% 1,900 57 ft 54% 56 53 ft 54'A 53% •62 15% 15% 15 ft 15% United Gas Improvement Co,,,13 ft 24 ft 23 ft United Merch to Mfrs Inc United Paramount Theatres Certificates of interest— 14 14 ft 14 17 ft 17% 17% ' 24 Securities—No par $4.50 1st preferred No par US Freight Co No par US Gypsum Co common 20 7ft preferred, ,100 US Hoffman Machinery com——5 4'ft ft preferred 100 US Industrial Chemicals No par U 8 Leather Co common—Nopar Class A conv preferred,,,,Nq par 113ft *99 97 ft 51% 24 U S to Foreign 113ft 103 951/2 *108 ft 1 1 113 ft 92 27 ft —1 ft 28 ft ♦51% 108 ft Co__ ft 51ft 32 ft 24 ft Mar 70 x44% 42 12 4 50 8% May 22 29 41ft Jan 2% July 12 Dec 28% 42% Nopar 36'/a July 11 Dec 29% 41ft 26 ft to •42ft 112 ft 29% 43 108 Va preferred Board 30 V2 42% 30% 42'/a of America—No par Biscuit 30% 41% 29% United Oct 3ft ——,100 l?Va *12»A United-Carr Fastener No par United Cig-Whelan Stores com,,30c $3.50 convertible preferred 100 United Corp (Del)— ,1 United Dyewood Corp common—;,1 1% preferred 100 United Electric Coal Cos,, 5 United Engineering & Foundry 5 United Fruit Co— ,-No par United Gas Corp —i—10 Sep 9ft — 11'A 40 ft 12% 12 Va 10 3% Dec $4.50 United preferred 10% 40'A 12 ft 40 11% 17 47 Va Jun United Lines Ino common,,, 10 11 41% r/ft 29% 10% 39% 11% Apr Jun Jun 4ft% Air 11 40% 12'/a lift 40 Va 11% 28 Jun 3ft United 10 40% lift 40% CLOSED 40ft Apr 2'A 3% 5% Aircraft Corp common,—5 convertible preferred 100 10 ft 40 lift STOCK EXCHANGE 34'/2 40ft 45 Udylite 54 54 ft 55 17,000 15% 16 Va 15% 16% 15% 16% 22% 23 23 24 24 24'A 14'A 13% 14'A 14'A 14% 14% 15 43,200 17% 16% 17 ft 17'A 171/2 17% 18'A 14,000 • 17,300 4,600 " *17'A 30 Va 101 ft 17% 17'A 17'A 16% 17 17 17 17% 17% 1,100 31 29% 30% 29% 30% 30 31% 31ft 31% 10,200 101'/a *100 101'A 101 ft •101 ft 103 101 100 101'A 16% 17 16 17 17'A 17 ft 17'A 17'A 17% 17% 94 98 ft 91% 93% 90'A 93 91% 93 ft 94 93 181 184 •181 *9% 184 9% *9'A 97A •50'/a 511/2 51 51 28% 28% 27 28 18'A 54'A 18 ft 17ft 18 Va 54 ft 53 ft 53% •181 *0% 184 * 181 9ft 184 184 184 11 70 10% 10% 52 ft 28 51% 29% 52 V2 28 31 18 18% 18 19% 10,900 54 54 54 57 ft 3.200 9% 51% *51 27 ft 27% 17% 53% 18'A 53 ft *51 270 2,200 15,100 4,500 10 9,000 tZ The Commercial and Financial Chronicle (398) . . Monday, July 31, 1950 . / Lowest Highest S per !hare $ $ per share NEW Range 81nee Jan. 1 Year 1949 t per share 18 27 14% Jun U 7% Jan 38 Jun 8'/# Apr 7% May 10 8% Jan 9 4y''2 jan 34 "a July 13 49% Jan 10 4% % D S 52% Jan 72 Dec 65% July 17 77 Jun 12 3o utx 23% July 12 31% Apr 18 0 93% Nov 88% July 43 Apr Jar 37% Jan 113% Jun 33% Oct 133 Oct 72 62 Mar 26% 129% Jun Jan 18% Jan 22 44% Oct 17% Jan 9% Sep 25% Sep 12% Jun 3% Feb 19% Jan Mar 7 Feb 12% 64 'V20- 16 ' 12% Jan. 1 20% Jan M '98 65% Jan 100 98 Dee 39% July 26 Dee 96% Mar 22 Jan Jan 6% Jun 29 : 11 Ye Jun 118 - tZVi Jun 9 07% Mat Dee ' 47 Jan - 15% Jan 20 Dee 113% Jun 118 -Feb * Jail Jan 79 10 9% May 15 96% Jan 11 27 16%.July 27 22 18 117 115 Jan Mar 23 Jan r 26 32% Jan Dee 28 Juiy Nov 105% Jun 22 19% July 7 27% Jan 26 22% Feb 7 31% July 26 33% Apr 25% Jun 25% Jun 33% 30% Oct Apr Apr 28 23% MSar , 30 32 Mar ' » 7 30% Feb 17 37% Apr 13 July 17 27% Apr 11 38 July 21 31% Jan 11 36 May 17 *91 25 *91 93 10 93 20,400 45% 45 36% 37% 36% 37 36% 37 36% 37 58 58 57% 58 58 58% 58 58% 1.200 35% 35 35% 34% 35% 35% 36% 36% 36% 194.000 144% 144% 144% 144% 143% 144% 144% 144% 3.800 4,800 144% •40% 5% 5%- 8 •23 4% 11 16% ' .23 105 !; ' r; i6% , 22% \ >102 *" 41 ■99%'.' 7%,v ' •99 27% 28% •102 •102 106 22 100 7% * ' 115% •104 17% 20 20 31% 28% 28 28% 28 28 57% * •58% ' , * 600 - 17%' 116% 23,100 230 105% V . 20 20 20 •30 ;... .31 31 2,400 . 28 ,28 28% 28% *28% 37% •36% 37% •32% 33% •32% 700 30 •36% 33% . *" 4:400 86% 37% *36% •32% •28 ■ 1,900 v 7% •104 31% 28% 28% 42 >/ ' H6 ... 20 31% 900 ! > 100 - 7%, T-V-17%- 105% 20 31 37% 33% .16,200 - - 106.. *86% 115%. 20% •32% 34 ; 87% 16% 17%. *99: . 7%.- 87% 105 < ,4i%. 100 7% 31 37% A, 400 1,7.00 * 22% '22% *102 *102. ' , 40% •99- •7 87 2,900 ' , •'> 17 -16%. . -v: 28 ; . 30% 'V •28 28% 11% 22% 106. 30% ' -29% 30% •1 ' 7% 7% -. . 105 ■*>. •1W 100 199, „ .16% •22% ♦102 40 39% v .16% . 105% 28% 38 22%' >05 -16% 22% 105 " 240 s-28% 11% 30%. *104 39% 37% *32% 11% 30 16% 14,000 50 11% 11% 30% 116% •19% 29 70 8% 8% 49% 11% 16% 20% 177 8% 49%. 28% 28 2,100 21 175% 175% 27% •115% 104% - 7% 700 1,900 4% 4% 20% 30 18% 104% 4% 21 48 7% 48 17% •••.. 116% •19% ' '175 175 7% 87 115% 29% AVe 20% 115% 115% •104 105% .18% 18 4% 21% 87 *85% -87% dlv partlc preferred...100 - 7% 20 20% 48 . , 25 *19% 27% 11% 106 ,'•/ -•10240% 40% 105 '41 •98% 7;% Ne par 30 •23 20 30 16%- 27%, U %• 25 20 174 7% 48% 27.% 30: *23 19% 175*"* 7% .*48% 5,600 2%- 4% 21% 4% 21% •174* 7% 48% 94 2% 25 ♦23 19 21 3,600 9% 9% 2% 40 300 6 •89 94 2% 2% 2% 19% 41% *5% 9% *89 94 *89 25 19 4% 21% 175 >102 ; 9% 19% *40% 6 9% 9% 9% 2% 20 23 .100 *5% 95% 3,500 41% *40% 5% 2% 25 •102. > 18% 41% 5% 9% •01 1,030 19% 18% 41% 5% 2% 9% 45% 19 18% 42 18% 18% 42 95%. -16 Virginia Elec & Power Co cem.—10 $5 preferred 106 $4.04 dividend preferred 194 Va Iron Coal & Coke 4% pfd 21 Virginian Ry Co common —x_28 6% preferred 29 Vlsklng Corp (The) $ Vulcan Detlnning Co common 20 7% preferred 30 10 xl03% May 26 23% -14% Jan 6% 25 93 11. OffO 3%% preferred —— Va-Carolina Chemical com 25 24 % *91 57% 27 com—100 6% non-cumulative preferted^-100 Victor Chemical Works common 24% 91 29% . Vicks Shreve A Pacific Ry 51% May 19 Jan 23 25% 37% * 101 24% 91 136 7% ,.10 v 26% 134 % •48% Vertientes-Camaf uej 6ufar-Ce-j9% Vlcfc Chemical Co 67 135 21% Vanadium Corp of Amerlca^Jlejrar Co 2.50 - *64% 44% 175 .100 i. 67 131% 4% 100 Co Inc *64% 44% •19 Van Norman Raalte 66 132% 2% Universal Picture* Co Inc com——1 Van 5,700 68 66 43% 9% Universal Leaf Tobacco com—Nc par 29% May 20 11% July 28 34% May 10 17% July 11 -27% Apr 19 103 May 4 105 July 12- 9 Jan 400 25% 35% 8% 131 % •23 preferred 68% 36 43% *91 1 4%% 4,400 66% 35% 130% 5% convertible preferred preferred 36% *8% 36% 35% 1 8% 35% 8% 35% 8% 143% closed — 9 200 36% 8% 37 42% 18% July 28 11% Feb 3 11% Jan 17 8% 8% 57% United Wall Paper Inc common... 177 May 23 9 Dee 97 33% Jun . 45 , * 5 27 20% Feb 14 85% Mar 91 Jan 7% July 10 16% 130% •40% Universal-Cyclops Steel Corp 10,600 16% *8% 43% No par Universal Laboratories Inc_ Shares 16% 8% 16 16% 16 Sales tor the Week share $ per 37% STOCK EXCHANGE 1 United Stores $4.20 non-c 3d pfd—6 $6 convertible preferred—No par 4% I per share g per share 131% 42% 131 non-cumulative preferred—25 7% July 26 17 6% Apr • Jar 24% Feb IS -13% Jam 25 Oct Jan 20 26% *91 100 United Stockyards Corp 9 *25 Apr 25% 20% Jun 10 Feb 27% Jan *65 No par preferred July 27 July 26 16% Friday July 28 Tburftday Wednesday share 16% 16% PRICES 8ALE 93 *8% 36 % 100 50 50 com preferred U 8 Tobacco Co common 21 4% Apr 24 3 AV/e Mai 27 * Nof Jun . 7% Nov * 20% July Feb 100 July 13 161 Oee 1? s 4 Dee Jan Jan 15 Jun 170 186 7% 16% 10 1st preferred non-cum D 8 Steel Corp common 11% Apr 3 Jan 36 9% July 13 27% Feb 43% 26 91% May 3 2% July 17 24 Mar 30 4 21 5% Jan Dee Jan 92 13 22 3 Piywooa Corp common 3%% preferred serlee A 7% 44% May 19 6% May 19 July 11% NOf Apr 2% Jun Jun Playing Card Co U S Smelting Ref <fe Mln 146% May 26 18% July 12 6% Nor 8% Jun 80 37 4 Co a 8% 6 40 Sep 4% Feb 68% Mar Foundry share 10 20 10 1 100 preferred— I per I per share 1 common U S Rubber Co common May 29 40% Jan 20 13 Jan 139 Nof 38% Jan ; 25% Jan Dee 140% 11 47% May 31 136 33% Mar 31 54% July 14 46% Apr 20% Jun '4 126% Jan Jan 97% Apr 5 3 18 Co Pipe & U S 19% May 1 Lines S HIGH July 25 July 24 July 22 t per AND Tuesday Monday Saturday Par 4 Oct 82 LOW 8TOCK share Feb 16% 31% Aug YORK EXCHANGE Highest Jan 11% RECORD STOCKS Ranee for Previous Lowest STOCK YORK NEW 33% .J 400 400 W 60% Jan Jun 45 48 Jun 60% July 28 14% Jan 10 Apr 24 26 Jun 14% Sep 12 25% Jun May 31% Nov 27% July 17 12 • 105% 101 33 21% Jun 8% Jan 17% Dee 6% Jun Jun xll 101% Dee 16% Dee 30% Dee $87% Jun 9% Jan 18% Jun 14 - Oct Dot 22% Jan 25% Dee Jun 23 % Jun 14 Va Sep 24% Ded 11% Jun 16% Feb 11% Apr 3% Jan 17% Nov Jan 26 4 105% Feb 17 13 63A July 13 9V4 Apr 19% Feb 14V2 July 14 Jan 97 16 11%-July 12 24 Va July 18 15'A Feb 14 24% Jan Ward Baking Co common 105% May 16 16% Jan 24 38% Feb • 28 Foundry ii Pipe Petroleum Corp Washington Gas Light Co 12% Jun 30 15% Jan 18 24 Jan Waukesha 9 11 July 13 11% July 13 Wesson Oil & Snowdrift Deo 83 % Feb 28 23% Jan 221/4 Oet 25% Dee lSVsApr 15 21 Vs July 13 85% Apr 10 25% July 11 23% Feb 25 $4 convertible preferred West Indies Sugar Corp West Kentucky Coal CO— 84% 19% Sep July 19% Jun 14% Jan 115 Apr Nov 194% Sep 191% May 198% Jan 108 Deo 12% Dee 17% Jan 50% DM 35% Jun 108% Jan May Jun 27 19 111% Jan 1$ 106% Jun 21 105 July 26 Webster Tobacco West 27% Feb 25 114% Jun 13 109% Feb 14 54% jun 23 110% May 13 Electric 5 - 51 Sep 20 Jun f per •- 7% Jun 26 TVs 7% 7% 7% 7% 15% 14% 15 Vs 15% *100'A 12% 25 Vs 14% 12% •100% 12% 26% 23% 101 l«% Dee 51% Apr 25 19% Feb 51 27 July 3 35% Mar 25 12% 6% Co Jan 28 Jan 2nd 32,800 24% 24% 2434 24% 24% 25% 253A 2,800 20% 25 14% 14% 14% 143A 14% 143/8 14% 2,100 19 19% 19A 19% 19% 20 20 1,100 12% •123A 12% 12 % 6% 6% 6% 6% 2,600 29% 29% 29% 29% 6,400 85 84% 84% 85 25% 24% 25% 25 25% 25 22% 22% 22% 22% 223/, 22% 84% 24% 24% 21% 21% 223A, 22% 22% 22%- 22% *114 114 "Ar *114 114% 107 *106 107 *106 107 107 107 20 •105 - 114% 106 *105 106 105 106 °105 106 30 1 15% *48% ; ♦107 15%- 15% 49 49% 108% 50 107 % 107% - - 15% 105% 15% * 107%. «•% ....Monday Saturday July 22 I per share Tuesday. July 24 ' I per share July 25 $ per share •. ■ 8% l 9% 9% 33 32% 33% 37% 39% 38% 79 24 19% Jan 31% July 28 Western Union Teleg 29% 30% 28% 29% 29% 30% 28 July 28 Westinghouse Air E<rake 27 27% 27% 27% 27% 27% 36- Jun Westinghouse Electric com 3.80%. preferred series B. :12% Weston Electric Instrument 12.50 21% Jun 102 Mar 26% 115 Jan Jun 22% Feb 16 Dee 112 Feb 20 25% July 71 July 23% Mar 27 3 - 23 105% Feb 18 28% May 12 115"' Apr>6 ** 32 Jan 81 Jan 3 92 May Dec 26 % July 15 41 Feb 27 15% Feb 12% Jun 18% Jan 16% Def 32% Dec 28% 34 1 30% July 12 21% May 24 47% Jun 23 Dec 33% Jan 12 35% May 23 7% May 4% Jun 142% Jun 14% Dec 12 % Feb 15 7% 57% Jan 5% Jan 3 17% May 26 8% July 20 5 56 % 8% Jun 70 Jun 12% Dec 12 Jun 27 79% NOV 77% Jan 5 10 Feb Jun 14% Jan Deo 13% Jan 21% Deo 128 Jan 140 Nov 22 Jun 35 NOV 44 Sep 49% July 49% May 8 9% July 11 16% July 13 137 July 18 32% Jan 43 10 July 25 White Motor Co White Sewing Machine common—t-1 Prior preference 20 40% May 51 Feb 26% STOCK RXCHANG1 CLOSED •109 31% 104% 27% 120 i., 8 Woodward Woolworth (F W) 31% 49,700 31 *184 - / 27% *109 31%: - 700 400 104- 27% 27% 28 120 31%104 104%; 1,500 120 '109 30% 31% 30% 87 86 % 86% *86% 28 Va *27% 28% 28 28 20% 20% 20% 20% 20% 20% 20% 20% 20% 35 37 % •34 35 55% 56 20% 9% 18 9% 18% 140 30% 31% 21,500 90 87 200 10,200 35% 34% 37% *34% 35 34% 34% 34 34 % 14 % xl4% 14% 14% 14% 14 14% 3,100 7% 8% 7% 8 Va 7% 8% 8% 33,200 54% 55% 14 13% ♦137% 28% 35 32% •34% •83% to 16,100 *86% 13% -10 28 *27% 83% CoJ 27% 28% 13% Iron Co 3 120 27% 86 83% - *109 32,900 27% 27 120 31% 29% No par iq Wisconsin Elec Power Co com——10 6% preferred 100 27 30% 86 ._No pur ± 26% 104% 78 30% 31 •104 4,200 78 28% 8% Wilson-Jones Co 13 *109 30% 104% -38% 79% 30% *76 ♦28 8 common 26% 31% 1,200 39%. 33% 38% 29 14% $4.23 preferred 30% •104 33% 87 29% 14 Wilson & Co Inc '79 10,200 33 29 29 • . , 3,100 16% ; •86 Willys-Overland Motors common-.-! $4.50 conv pfd series A —No par 11% Jan 11 22% Feb 25 Jun 1 — — 31% 104 100 Wilcox Oil Co July 20 14% May 22 83% July 21 142 No pur Wheeling & Lake Erie Ry__ 100 Wheeling Steel Corp com No par $5 conv prior preference—.Jiv par White Dental Mfg (The 8 8)— 20 May 31 s7% 32% class A_Ne par 40% 16% 38% 39% •32 13,600 39% 16%- 32% 79 33 - 40 33% 10% • Shares 9% 16% 37% 17% 16% Bale* fur tha Week I per share 8% 37% 17 ■ 38% 39% 15% 8% 39 13 103 390 Friday July 28 • share 9% 9% 15% 39% .109 109 8% ! per I per share 37% —10 preferred '■ 9 Thursday July 27 -Wednesday July 26 79 Dee 1,600 LOW AND HIGH SALE PRICES . 38% Aug 523A 107% . 4,500 107%. 52 51% 108% 99 16% 16%' 16% *107% 51 50 107% 105 16% 16%. 79% 33 15,300 114%- 114 *106 38% 104 22% 223/s ♦114 114 78% 20% May 98% Feb 15,600 12,800 107 Western Pacific RR com——Ne par Preferred series A .100 24% July 13 29 V» July 13 206 85 25%. .22% 114 39% July 26 34% Jan *84% *106 79 % July 24 21% Jun 1,300 6% 293/4 3 13 12% 12% 6% 28% 84% 64% Jun 27 Dee 500 6% 70% Nov May 13 7,700 25 *24% 28% 53% Jun 30 20% 19% 25 85 »A 22% 20% 19% 24% 24% 21 Va- 22 %r 100 19% 85%- 22% 100 •24% 6'A aoo 100 -100 Western Auto Supply Co. Western Maryland Ry non-cum 120 13 Va 28% No par plo 3,800 99% 13 6% 4 8,300 99% 28% No par —1 5,500 7% 13 2.50 28 30 38 12% 18% 13 * 12% 19 12% 15 100 . 12% *18% 19% 15% 100% 14% . 12% 14'A Western Air Line* Inc. 4% 15% 101 14% Par 9% Feb 54 37% July 26 12 % July 5 33% Dee • 102% 37% 7% 7% 7% 15% *14% $ per share share Dee 8% 101 % 37% 19% EXCHANGE 41% Dee Feb 52% May •8% Feb share 102% 37% 25 NEW YORK STOCK Lowest Highest t per •101% 37% STOCKS Range Sine# Jan. 1 Highest Year 1949 t per share 101% 36% * West Virginia Coal & Coke 5 West Va Pulp & Paper com—Ne par 4%% preferred —' —100 Bangs for Previous Lowest 101% 37% 19% 4.10% preferred series C July 19 102% 37 • 109% Mar 2d 44 Va, July •101% 38 24% com West Penn Power 4%l> 16% July 27 102% 19% 4.20% preferred series B 17 1,000 1,900 25 Inc 7 12% Apr 107 Penn 12% 28% 1 30% May 31 78 12% 28% | 13 7 12% 28% ■ 24% Jan 7% Jun i2% 277s *24% Wayne Knitting Mills Wayne Pump Co 17% Mar 16 12% 27% 7% 5 Motor fin Jan 27% X19% Jun 5 12% 27% No par 3 No par Warren 800 123/, 27% 37 Va 100 Warren 21% May 22 27% Jun 8 603A 60% 12'A 27% | ——1 5%% preferred Warner Bros Pictures—— 60 12% -.,,.,2.50 Walworth Co 4 1 59% 59% 57 28% *101% -lot No par —No par — —100 No par Walgreen Co common 4% preferred Walker (Hiram) G At W 40% Jun 23 57% 55 12% 27% preferred. Waldorf System 27 Oct 194 31 Feb Jun 6% 197 101 Va May 32 Wabash RR 4%% *9% 35% 13% 86 10 33% 54 *54 54 13% 13% 13% *83% 84% *83% 9% 17% 18 140 10 10 17% •137% *137 Va 17% 140 •• 17% 140 55 .. 37% 7% . 38% .. 400 55% 55 14 13% 83% 800 14 84% 83% 10 17% 140 *9% 17% 11,000 300 10% 2,200 17% 10,000 142 *139 10,000 10 38 38 37% 37% 36% 36% 37% 37% 37% 37% 1,500 43% 44% 43 43% 43 43'A 43 43% 43 % 44% 16,700 19'A 6,400 Worthlngton Pump & Machinery 11% Jun X50% Feb 18% Deo 16% July 12 21% May 19 72 Oct 69 July 18 76 86% Jun 65 Jun 76 NOV 74 Jan 68 Feb 89 Dee 79 66 Feb 82 Deo 70 July 3 July 26 Oct 10% Feb 8% Feb 10% Jun 12% 4 16 89 Common Prior 12 Jan 9 89% Apr 13 16 No par 100 19% 18% 19% 19 19% 18% •71 72 *71 72 71 71% 71 71 71 71 pfd 4%% conv series—100 *78 80 *78 81 78 78 77 78 78% 78% 100 88 •86% 88 210 Prior preferred 4%% May 10 Wright Aeronautical Wrlgley (Wm) Jr (Del) Wyandotte Worsted Co July 11 serlee No par No par • 30% Deo 12% Jan 27 Jun 30% May 16% Jun 39% Jan 26% Nov 36 July 14 24% July 17 43% May 29 53% Jun 10% Jun 77% Dec 72% Jan 13 33% May 6 98% Jun 22 14% Jan 11% Jan 3 15% May 26 Yele & Towne Mfg Co SO York Corp common l 4%% convertible preferred —80 Young (LA) Spring & Wlre.No par Youngstown Sheet & Tube.—No par Youngstown Steel Door No par 10% July 3% Feb 43% Dec 4% GCt 31% Jan 13 3% Jun 27 70% Apr 1$ 6 Y« Apr 22 Zenith Radio Corp Zonfte Products Corp 8 . _ *Bi.d Jan ask^d prices: no sales changed from Nat. Enameling & 13 9% July 13 35% May 3 14% May 19 . No par l 18% 85 73% 14% 29% 10 *33% 19% 86 18% 88 88% 88 % 88% *86 % 80 74 71 72 70 71 71% 71% 71% 72 2,100 14% 14% 14% 14% 14% 14% 14% 14% 14% 6,300 29 29'A 2,100 10% 8,600 29% 10 Vs 35 29 93/4 •34 29 10 35 28 28% 3/8 28% 293/8 10'A 10 10% 36 9% *35 36 36 10% 200 37 *36 28% 263/4 26% 28 Ve 26 26'A 26% 27% 27% 90% 91% 89 J/a 92 89 90% 90 92 92% 93% 143/4 15% 14% 143/4 14% 143/4 13% 14% 14% 15 41% 42% 41% 41% 413/4 44% 43% 443A 44% 45% 4% 4% 4% 4% 4% 4% 4% 4% 3,700 28 4% 4% on this day. tin receivership.or petition'has been filed for company's reorganization, a Deferred delivery. Stamping Co. rCash sale, s Special- sales. wdWhen distributed, x Ex-dlvldend. y Ex-rights. bName . changed from Noblitt-Sparks 16,400 3,600 • Industries. 17,700 4,600 cName Number 4929 Volume 172 .. . The Commercial and Financial Chronicle Bond Record (399) New York Stock Exchange «» FRIDAY The italic letters in the column WEEKLY - "Interest Period" heeded YEARLY - Indicate In each Figures after decimal point represent the month case 82d of or more one when the bonds mature. point. a SALE PRICES LOW AND HIGH Banpe for Previses GOVERNMENT Tear 1849 Banco fines Jan. 1 Satarday Lowest Monday July 22 BONDS NEW YORK STOCK • Lowest July 24 Low High July 25 Sales for Friday July 28 Thursday Wednesday July 86 Tuesday July 27 the Week Bonds(S) 103.28 Dec 103.28 Jan 108.13 Jan High Treasury Treasury Treasury Treasury Treasury Treasury Is__ 1951-1981 *102.10 102.12 *102.9 102.11 *102.9 102.11 *102.9 102.11 *102.9 1%S 1955-1989 *108.10 108.13 ♦108.14 108.17 *108.15 108.18 *108.14 108.17 *108.14 108.17 2%a 1951-1954 *101.18 101.20 *101.18 101.20 ♦101.18 101.20 ♦101.18 101.20 *101.18 101.20 2%i_ 1965-1959 *109.21 109.24 *109.29 110 •109.29 110 109.28 109.31 *109.28 2%i 1955-1981 *111.21 111.24 *111.29 112 ♦111.29 112 •111.28 111.31 •111.28 111.31 1%S 1960-1985 *114.1 114.4 *114.7 114.10 •114.10 114.14 •114.9 114.12 *114.9 114.12 Hlchest 108.4 1U.10 110.23 Mar 110.23 Mar 102.31 Jan 102.31 Feb 104.9 108.4 May~~l May 111.10 1 May™ Jan 104.9 1 May L«W EXCHANGE Dec 108.13 Low t Treasury Highest Feb _ High • Low High Lew Lew High .iifch 102.11 109.31 Mar 103.8 July 104.15 103.8 July 102.19 Apr 101.12 Feb 101.7 Feb 103.2 Jan 103.19 25 102.19 Apr 25 102.14 Apr 25 Aug 100.18 25 102.14 Apr 107.13 Jun Dec 100.28 Jun 103 101.23 May Aug 102.30 Feb 105.4 100.13 Jan 102.30 Sep 102.18 Feb 100.17 Feb 101.3 Jun 101.5 102.23 Feb 24 2 1950-1952 *100.7 100.9 *100.7 100.9 ♦100.6 100.8 *100.6 100.8 *100.6 100.8 2%S- 1952- 1954 •101.27 101.29 •101.27 101.29 •101,.27 101.29 *101.27 101.29 ♦101.27 101.29 2%S. 1988- 1958 2%s- 1982- 1987 2%a_ 1981- 1958 2%s Treasury Treasury Treasury Oct 2%s Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury 102.1 ayes—. Aug 102.18 Feb 1 103.9 July 17 Jan 1 9 2*1. Jun 2*s. Dec *103*19 103.21 *103, 18 14)3.20 *103.18 103.20 *103.18 103.20 102.26 *102.26 102.28 *102,.26 102.28 *102.26. 102.28 *102.25 102.27 *102.5 102.7 •102.6 *105.4. ;105.6 i i *105 .4' S 105.6' < loT.8 Jan, .1988' 1971 *102.6 102.8 *101.30 102 *101 .30 102 *101.30 102 *101.29 101.31 101.27 *101.25 101.27 *101 .25 101.27 *101.24 101.26 *101.24 101.26 101.26 *101.24 101.26 *101 .24 101.26 *101.24 101.26 *101.23 101.25 101.4 •101.2 101.4 *101 .2 101.4 •101.2 101.4 *101.2 101.4 105.9 *105.8 105.10 *105,.7 105.9 *105.7 105.9 *105.6 105.8 2*s Jun 1957 1972 •101.2 2*s Sep 1967- 1972 *105.7 2*8 Dec .. 102.8 1967 1972 *101 101.2 •101 101.2 *101 101.2 *101 101.2 *101 101.2 ay*! 1951- 1953 *101.24 101.26 •101.24 101.26 ♦101 .24 101.26 *101.24 101.26 *101.24 101.26 2%S 1952 •101.21 101.23 ♦101.21 101.23 ♦101 .21 101.23 *101.21 101.23 *101.21 101.23 *104.24 1958 2y*S Dec 1959-1952 CLOSED > '• •104.26 104.29 ♦104.29 105 *104.29 105 *104.29 105 104.5 ♦104.3 104.5 ♦104.3 104.5 *104.2 104.4 *104.1 104.3 101,13 *101.11 101.13 ♦101.11 101.13 *101.11 101.13 *101.11 101.13 *101.7 EXCHANGE 1959-1982 104.27 •104.3 STOCK .1958-1959 -Jun •101.11 101.9 •101.7 101.9 *101.7 101.9 *101.7 101.9 *107.7 *100.5 —1954-1958 2y*s 100.7 *100.4 100.6 *100.4 100.6 *100.4 100.6 *100.3 100.5 100.28 *100.25 100.27 100.31 100.31 101.18 Feb 2s Sep 1950-1952 Treasury Treasury Treasury Treasury 2S 1951-1961 *100.26 100.28 *100.26 100.28 *100.26 100.28 *100.26 2s 1951-1958 *101 101.2 *101 101.2 *101 101.2 *101 101.2 Jan 101.18 Feb 102.7 102.5 102.8 102 *101.24 • *102 .6 •101.30 *101.25 < 1954 1989 1965' 1970 2*8. 105.5 103.18 ♦102.24 1984' 1959 2%S- 105.4 *105.2 *105.3 *103.16 <f 10$,Jd9SM>> i t Treasury 101.8 23 101.9 2s Jun 1952-1954 ♦101.6 101.8 *101.7 101.9 *101.7 101.9 *101.7 101.9 *101.7 Deo 1952-1954 *101.15 101.17 *101.16 101.18 *101.16 101.18 *101.16 101.18 *101.16 101.18 1963-1955 1,000 101.8 2s Treasury 2s Treasury 1*1 International 103 *103.1 103.4 *103.2 103.5 *103.2 103.5 *103.1 103.4 *100.4 100.6 *100.4 100.6 *100.4 100.6 *100.3 100.5 *100.3 100.5 1972 Bank *102.29 1950 103.9 *103.10 103.14 lor Reconstruction A Development 99.11 Jan 103.16 Deo 103.6 July 19 35-year 3s 8 •103.6 103.10 103.9 ♦103.8 2s serials of *50 due Feb 15 1953 *101 101.8 ♦101 101.8 *101 2s serials of '50 due Feb 15 1954 103.20 Jun •101 101.8 *101 101.8 *101 *103.10 103.14 101.8 *101 101.8 *101 -*101^ 101.8 *101 101.8 *100.20 100.28 *100.20 100.28 *100.20 2s serials of '50 due Feb 15 1956 *100 100.8 *100 100.8 *100 101 *100.20 101 *100 100.12 101 *100.20 100.12 2s serials of '50 due Feb 15 1955 50,000 101.8 101.3 103.12 . *100 100.12 100 *99.16 2s serials of '50 due Feb 15 1957 for price. (2%s due Sept. 1950-52, 15 a 99.8 *99 99.24 *99 99.24 *99 99.24 *97.28 98.8 *98 98.24 *98 98.24 *98 98.24 *97.8 97.20 *97.8 97.20 ♦97.12 98.24 *97.12 98.04 *97.12 98.04 *96.20 97 *96.20 97 *96.24 97.16 *96.24 97.16 *96.-4 97.16 2s serials of '50 due Feb 15 1962 transacted this day. No sales redemption ♦98.28 98.8 2s serials of '50 due Feb 15 1961 ♦Called 99.28 99.8 *97.28 2s serials of '50 due Feb 15 1960 •Bid and asked *99.16 ♦98.28 2s serials of '50 due Feb 15 1959 96.24 Mar 23 99.28 2s serials of '50 due Feb 15 1958 96.24 Mar 23 *99.16 *99.16 *96.12 96.24 *96.12 96.24 *96.16 97.08 ♦96.16 97.08 *96.16 97.08 Odd lot transaction, 15, 1950 at par) Sept. r Registered bond transaction. (2s due Sept. 15, 1950-52, Sept. RANGE New York Stock Last Period Exchange Sale Pries or Friday's Bid A Asked Low York New FOR WEEK JULY ENDED *99.16 i 28 High BONDS Interest Last New York Stock Exchange Period Sale Price Range Sine* Sold Jan. 1 NO. Low or 110% 113 33 108 A t%s series No 113 11 June-Dec June-Dec *69 % June-Dec *6614 14 June-Dec *68 77 15 June-Dec *67 75 , June-Dec *66 % -1 June-Dftc •66% 5%» series No. 16—, l%s series NO! 17— • , „ — 63% __ 64% . : ' 70 Foreign Securities June-Dec -—, 65 _ * 78 , —— 70 80 67 67 2 65% 78% 68 % 68% 4 63% 76% REctor 2-2300 120 •66V4 June-Dec •67 77% June-Dec 66 % Broadway, New York NY |%s aeries NO. 28 t%s aeries No. 20_ 1-1093 June-Dee *06% June-Dee *66% June-Dec *66% Brisbane » Foreign Government and Municipal Agricultural Mortgage Bank (Colombia) Jfar-Bept Feb-Aug sinking fund 5s 1057 97 Sinking fund gold 5s 1958 *60 Feb-Aug 75 r s; 76% • •71% 77% 95% Aprd-Oct (Kingdom of Norway) 4s 1088 Mar-Sept lAAntloqula (Dept) collateral 7s A 1945—Jan -July IA External sinking fund 7s ser B 1945—Jan-July lAExternal sinking fund 7s ser O 1945—Jan-July lAExternal sinking fund 7s ser D 1945-Jan-July A External sinking fund 7s 1st ser 1057—Aprll-Ocf 93% 97% 52 46% 54 y4 *60 Akershus *46% 46% - 53 46% 55 ♦46% *46 % 53% 100 A AExternal ^ ~ AExternal 100% (Commonwealth) —Jan-July —June-Dec - 5s 1955..— It-year 8V*s 1958... 10-year S%s 1957 It-year 3VaS 1967 16-year t%s 1966 11-year 3%s 1982 Belgium (Kingdom of) 6s 1955 External sinking fund 7s 1955 (U S of) to reduced to 3.5%) AExternal s f reduced to AExternal s f Plan 3.375%) 6 y2s A of to reduced to 3.375%) A 88% 89 Feb-Aug 85 85 53 40% 87.: ' 87% * «• ,Ii AOs 87 97% 98% i • 84% 105% 106 110% 114. " 96% . - * *« %*«ented 1962-. 55% 56% 77 77 1 100 % 102% ; 102% 107% 100% 103 . 5 100% 100% 60 35 - 40% •45 36% 47 *33% 28% 39% — 37% 46 "I 36% 51 >/4 35 1 28% 38 Feb-Aug *45 36% 49 46 _ '34 Jan-July 1962 1963- ' 45% - *45 47 ^Jfay-Nov __ - 34% Jfsy-Nov AOs assented 1963. , *33% *33% 36% 46% 28% ; 37% 51 28% 38% 46 V* 50 "l 33% *45 ——Mar-Sepf Aprll-Ocf 28% 36% 5 34 51 33% * _ 28 — 37 V* 47 1 39 47 35 2 28% 37 86 For Financial FOREIGN 52% 65 73 85 52% 65 76 1 40% 52 •11 100'/a 100% 60 —AorU-Oei- 54 71% 51% 70 Inetitutionu SECURITIES 90 (Interest (Central Ry) 1952— Btamped pursuant to Plan A 14 33% •45 . AExternal sinking fund 6s 70 73 April-Ocf 97 9i ya (Interest 1957 1 5 116% 54 Aprll-Ocf 104 »/4 97 35% 19ll_Jsn-Julj 1961 j 104% 97 Feb-Aug (Interest 1957 98 108% 75 '57 2 " fund 6s Sept 1961—-Mar-Sepf assented 8ept 78 35 1061 AExternal sinking fund 6s 97% ,88 4 • AExternal sinking 98% 78 65 46 fund 6s Feb 1961 A6a assented Feb ARy external sinking fund 6a Jan AOs assented Jan 19S1__— •*- , 1 78 66 _. — • April-Oct 1960 assented 1960- AExternal sinking " 104 96 11 » 104% 100% - 8 90 '100 A (Interest 1979 A7s reduced 3.5%) » 1971 Aprll-Ocf External dollar bonds of !%■ series No. 1979 1944 60 *56 June-Dee funding bonds of 1931 due 1951. Btamped pursuant to Plan A (Interest reduced to 3.375%) *55V4 —June-Dec 1% ' 88% June-Dec due Plan 180 88 June-Dec 1979 1927 Btamped pursuant <16 98% *89 .Aprll-Oci 1926 due to 102% 97% - 54% 46% 102 ' A6s 33%. 46 87% , 98%- Jan-July June-Dec ; 1978— 6Vas of Btamped pursuant Plan ,-46% 35% 34% 87% 102 June-Dec external 8s 1941 Stamped pursuant 53 - 78 April-Oct AExternal sinking fund 6s 54% 47 *46% June-Dec 1 , lABraxll Jan-July 46% *46% 35% Feb-Au® June-Dec . 55 55 ; 74 65 — —' — 98 98 *35 • '• sec sink fund 7s 2nd ser >1057_April-Ocf sec sink fund 7s 3rd ser 1957-Aprll-Ocf 10-year 3s s ft bonds 1978.; Antwerp (City) external 5s 1958 Australia *46% — 103% 104% tf-year 3%s 1961 Jan-July It-year 2%s 1974 Mar-Sepf a Carlsbad (City) 8s 1954 Jan-July Oauoa Val (Dept of) 30-yr 3s s f t bdt l»7t.Jan-/vIy lAOhlle (Republic) external s f 7s 1942 May-Nor |A7s assented 1942 ——— May-Nos ' *46% 2 67 J 35% 30-yr 3s s f % bonds 197t-Jan-J«If Canada (Dominion of) 4s 1960— Aprll-Ocf Omldne (Dept of) — 1 ^Guaranteed sinking fund 8s 1947_; A Guaranteed sinking fund 6s 1948 (City) 98 __ ! 68 64 % 75 76% 68 *66% June-Dec 68 64 —June-Dec |%s aeries No. 26 Teletype 76% 67 '!%» aeries No. 27 Co. 75 *69 *71 June-Dee. t%s aeries No. 24 t%s series No. 25 New York Stock Exchange .?77 64% *66%'. *67 S%s aeries No. 30 Members 75 73 65% —June-Dec l%s series No. 22 WERTHEIM 77 75% June-Dec t%s series No. 23 Telephone 78 . June-Dec l%s series No. 21 o 78 66% June-Dec S%s series No. 18— !%s series No. 19 t%s series NO. 20 78 66 —— * « 79% 63% 76% - 80 67% *66 % 12 High 69% *6 J S%s series No 113 June-Dec l%s series No J uue-Dor June-Dec *68 8%s series No. 10 Corporate Stock 1980 . Jan. 1 Low No. High 75 t%» series No. 9 Issue¬ * Range Since Sold Bid & Asked t%s series No. 13 s' Unification Bonds Friday's S%s series No Transit t Week's Range Low High City i. -V »'"* Friday Bonds 100 par) Week's Rang* Friday Interest BONDS 15, 1950 at 100 62 . 1 *55% Aprll-Ocf — FIRM TRADING MARKETS CABL MARKS 4 Qa LNC FOREIGN SECURITIES SPECIALISTS (Plan B)— 1 June-Dec *77% 67% 81 l%i series No. 2 June-Dec *67% 74 65% 77 l%s series No J June-Dec 68% 68 % 65 V* 77 S%s series No. 4 June-Dec 68 68 69 65% 77 1%| series No. 5 June-Dec 68% 68% 68% 65% 83% !^i series No. 7 June-Dec *70 70% 79% t%s series No. 8 June-Dec 69 67% 80 For footnotes see page 27 - 69 50 Broad St., Telephone HAnorer 2-005* * New York 4, N. Y. Teletype N\ 1-971 I The Commercial and Financial Chronicle (400) 24 . . Monday, July 31, 1950 . NEW YORK BOND RECORD RANGE Friday Interest Last Sale Price Bid & Asked Low Chile (Republic) A Chilean A6s Of of A6s 192 7 1960 7s Ss ext sinking 47 *33',2 45 Stamped 6%) • (State) extl to A Estonia Greek 50 28% 37% *45 __ paid part — '6o 44 7 78% 87 79% 5 51 A7s 87 Helslngfors of) — —. -— — A 6s o 84 84 63 Stamped 35 -- /4 "46 87/« 81% -2 81% 72 40% Serbs 49% 48% Jan-July J5 —: 56 50 -- ' — Jan-July \ —U&y-Nov Feb-Aug 6% 6/s * 1% to 3% B Public 53 48% 67 90 32 68 2 » 19%» 109 87 AExternal "— • *62 dollar for Public Works 29'% 30 j5 88/4 83/a 76/a 29% 1977——> 55 85% 30 79% (Kingdom) of) external external assented (Colombia) 30-year 3s f $ s 6%s 60 70 - bonds 29% 29% ANew . 11% 6s assented (1942 10 6% readjustment conversion 6% 11% 62% 101% nn./ 134 32% 28% assented Great Power Albany 62 29% 49% 34% •• 46% — *47 34% —June-Dec ———Jan-July 1943—May-Noc 41% 58 %J 1 American ' 16% * 54 34% - —————— 10 7'/»- 5% deductions debentures A4i |A4s assented 1904 (1922 agreement! due June-Dec 1954 assented (1942 agree't) 1968—Jan-July 1910 (assented to 1922, agree-. of ment) 1945 (1942 agree't) Afs — 9% 1933 April-Oct May-Nou RR 4%s gtd 1st 10 30 5% agree't) (City of) 6%s (State) 1952 April-Oct Telegraph & Stamped pursuant 1958 Mar-Sept to Plan reduced to 2.125%) 2008 Mar-Sepf 3%s 1957 *9% 8% 9% 7% 9% 9% 13 13% 13% , 48 — A ref 3%s series B lAPenwmbuco (State of) 7s 1947— Stamped pursuant to Plan reduced to 2.125% ) 13% 48 2 51% 12 extl s f 6s A May-Nov April-Oct 1986 Jan-July 1967—Mar-Sept Mar-Sept 1960 — — 47 Janeiro Plan (City of) to pursuant secured Mtampea 8s Plan 6%s pursuant reduced to — 93% 91% 5 35% 35% 101% 102% 1946 A 92% 50 92 90 % 91% 18 89% reduced to 2%) reduced loan Plan __ •— 91% 92 98 98 99% *— 94% 95 — *100 *91% 100 94% 88% A 1946 A *102% 106 — *34 footnotes 84 93 % — *102 107 103% — 104'% 105 « 104% 74 99% *99% 100 84 101 90% 104% 95% 100 % 93% 100 % 92% 80 88 93% 100 99% 100% 91 99 100 % — 100% 100% 89% 91 97%< 96% 45 87 97% 99% Q*y 101 % 97% first Co Products Co debenture Coast 39 98% 100% 14 101% 610 108% 63 105% 106% 119% 118% 120% 388 115 % 130% 101 100% 101 74 100 101 % 103% 103% 33 101% 104'% 9 103 % 105% 4 76% 85 80 84 1962—April-Oct April-Ocf Quar-Jan 1966 April-Oct April-Ocf 3%s „ - 103% 103% — 81% 84 *80 „ 84 95 103 121% Fe— Santa first 115% 105% 106 % ' 1995 mortgage 106% 106'A 3s 4s St 512 109% 111% July 1995 4s 5s Topeka St 107% 109 99% 100 108% May-Nov 103 103 131% 119% 121% 7 31 120 . 103 104% 103 102% 103 31 102% 104 y« June-Dec 104 102% 104 60 101% 108 Mar-Sept 102% 102% 103 100% 102% May-Nou 4s July A 1964 120 1952—Mar-Sept 1963 consol 127% 128% 120 126 7 128% * Jan-Juiy __ * 8 102% 103 101% 101% — 18 92 89% 92% 63 82 94 95 93% 95 36 84% 98 69% 72% June-Dec 71% 55 72 % Mar-Sept 70 69 71 136 55 71 Mar-Sept 70% 69 71 332 5434 71 June-Dec 79% 78% 81% 121 65 % 81% May 56% 55 60 % 1,337 43 % 60 V4 May-Nov 86% 86 86% 7 81 89% div first mortgage 5% ser A fixed & 1%% conting int) 1980_Jan-July 76% Q K due March l 2000 M due March 1 '996 and due Dec general 1 1995 mortgage 317 (2%% P% to 2.25%) 26 »/2 9 „ *6% — *5% — — __ 8 5% 5% 6%s 10'% 5% 5% 10 2.375%) S'western (3%% Toledo see page 27 Cincinnati First lien and Jan-July 38% 38 38% 2 Jan-Jn\v e37 e37 e37 3 36 __ M series 4s D 1985_Jan-July 33 57% Consolidated refunding 4s stamped 1951 4s *39 1951 Beech Bell Creek Extension Beneficial Industrial Bethlehem Consol 3%s Steel Loan 2%s 1951 Consol Maine series 3s debs l961_May-Nov K 57'% 48 32 5% 9 10 5% 9% ABreda (Ernesto) Jan-July Jan-July Co 7s 1954 2 26 100% *100% 101% 104% 104'% 104 % 40% 1968 Brooklyn Union Gas 4s debentures General 1st 38 55% mortgage mortgage 3s 27/as 1969—Mar-Sepf Jan-July Jan-July 1976 1980 Rochester Stamped 93 100% 119 122 % 99 100% 99% 102% ' 25 102 103% 105 % ft modified Terminal Co 1952 4s 102 May-Nov 77% 78 74% 76% 108 69% 53% 58% 113 44 59 58 % 59 104 '105 105 % 102 104 105 % 70 102% 37 100% 102 % 101% 101% 102% 20 100% 100% 71% 133 102 68% 61 101% *101% 102 % April-Oct 50 83 102% 77% 87 76 1975-May-Nov Pittsburgh Ry— 4%s 1957— first 75 78% 71% 102 % 41% 37% 93 82 55 April-Oct Niagara filec first mtge 2%s Bush 32 82 100% ; Feb-Aug Bristoi-Myers Co 3s debentures Buffalo 37% 54 61% 38% 46% 50% .'Consolidated Bush 5s Terminal 1955 -.-s. — Buildings gtd 5s 1960 100 -Jan-Juiy *97 99 98 April-Oct 106 106 106 106'% 103 105 C California Electric Power lirst 3s 1976—-June-Dec Guaranteed Guaranteed 104 105 102% 103% 50 100 104% 112% 33 111% May-Nou Aprii-Oct '104% Jan-July Power 3%s 1974 Canada Southern consol gtd 5s A 1962 112 % Ry— gold 4%s 1957 gold 4%s 1955 gold 4%s 1956 " 30% 38% 48% 55% 33% 42% 116'/a 110% 110% 2 109% 114'/a 110% 3 109 114 102% 102% —June-Dec 16 102% 105 107 97% 110 Feb-Aug gold 4%s 1951 Canadian Pacific Ry— Capital Airlines, Inc— 40 34 41% 51 % 51% 61% Guaranteed conv debenture stock debs series 4s conv inc debs series B Carolina First 53 57 68 A Mar-sepf (perpetual)—Jan-July 1960 Clinchfield Carthage & (interest Mav-Nor 12 119 99% 99% 8% 8% 82 100 % 100% 100% 29% May-Nov _ 119 22% 4s 51% 15 *100% ♦— 31% *36 ••35 — _May-Nov 1979 mortgage series 5s AC 1967 Mar-Sepf mortgage 5s series II 1955 May-Nov mortgage 4%s series J J 1961 April-Oct First mortgage 4s series RR 1960 Jan-July AInc mortgage 4%s series A July 1970—May-lVou 4% __ 119 *75 42% 33 30 '102 A June-Dec • First 15% 76 72 RR— 55% * _ 88% 64 % Corp— mortgage ft April-Oct I960-—_Aprll-Oct mortgage 2%s series I 1970 mortgage 2%s series J 1976 Consol 1 first Telephone of Pa 5s series C Guaranteed May-Noa 88% 88% Jan-July Jan-July Fisst 43% 32 2 ■ Canadian National __ 49 81 Bangor ft Aroostook RR— California Oregon 57% 77 88 — First 33% 36 *43 33 75 81 division ref 29% 48 April-Ocf . Virginia— 38 A April-Oct A 2010 i West & Buffalo June-Dec 2001— 199i 1 Erie 29% 6% 3 (interest 2004 1952 Like 22 A 1966 A Dec nterest) — 22% 7 5% *6% .. „ due J contingen' Refunding 4s series A 1980 105 47 3%% A4%s convertible income Fei' Pittsburgh 96% 14 *12 June-Dec Plan and 8% 26% April-Ocf due Paulo (City) 8s 1952— Stamped purr.'an* to Plan For — 31 4 April-Ocf 2012 1926 103 103 (interest A Sao to — 84 __ 60 104% — 105% 105% 101% 102'% (Interest stamped pursuant to Plan (Interest reduced to 2.25% 1 2004— reduced 100 44 — 15 April-Ocf Feb-Aug 1067 (City of) 60 *104% __ — 100 4s July 1 1995 Charlotte Air Line Ry— 99 26% Feb-Aug 1921 of pursuant to 99% 100 *— *— — external sinking fund gold 1968 June-Dec Stamped pursuant to Plan A (interest A Rome Tobacco gold P W 100 Als Stamped 7% -—June-Dec 1969—^ Ref 102% 92 26% 2012 pursuant to Plan reduced to 2.5% ) 1999 »a 10 111% Feb-Aug Series 37 96% 25 (State of)— Stamped external 32 22 (interest 1953 to 2%) 0A0« external loan of A78 5% 1017/« 1971 Series 38% 95 94% 93% 26% 2006— .«_feduced t0 2.375%) 2001 Mk» Grande do Sul 7 8% 5% June-Dec 1959 Series 49 / to 'interest reduced to 2.25 % ) AExternal 35% 26% Jan-July (interest reduced to 2.375%) 2001 1066 stamped pursuant to Plan de 80 80% June-Dec debentures Series 26% , T%§ Stamped 95 79% June-Dec mortgage 4s series A July 1975_^—April-Oct First mortgage 5% series B (4f« fixed and 1% contingent interest) July 1975.April-Oct Refunding and general mortgage 5% (2% fixed and 3% contingent interest)— 61% 33 26% -April-Oct -.A4.^S assented 1963 5ARlo 86% April-Oct 1 Arbor .- 35% June-Dec s f 6s 2nd series 1961—April-Ocf (Republic of) gold 6s 1940 April-Ocf Parto Alegre (City of)— Is 1061 stamped pursuant , 35% Mar-Sepf fABtabilization loan sink fund 7s 1947—April-Ocf A4%s assented 1968 April-Oct AExternal sinking fund gold 8s 1950 Jan-July _ June-Dec 1957 debentures Boston Mar-Sepf 1959 1st series assented i958 . 1961 1973 13% (interest AN.at loan extl ■ APoland 93 89% COMPANIES 1964—May-lVou First 13% 11% 20 13% *13% 49 June-Dec 2008 A%f£14(Republic of) external 7s ANat loan June-Dec Feb-Aug debentures — AStamped assented 5s 1963 Stamped mod 3'As ext to 1994—j External secured *— — 92% 93 81% Baltimore ft Ohio RR— (interest Norway (Kingdom of) 4%s 1956 Mar-Sept External sinking fund 4%s 1965 ; April-Oct 48 sinking fund external loan 1963 Feb-Aug S%8 sinking fund external 1957— April-Oct Municipal Bank extl sink fund 5s 1970-,.June-Dec Oalo (City) sinking fund 4%s 1955 April-Oct . 35% May-Nou (Kingdom) (Republic* 89% 92 86 Co— 1987 fixed pursuant to Plan A (Interest reduced to 2.125%) 2008— Mar-Sepf ASecured extl sinking fund 6%s 1959 Mar-Sepf + debs f s 1966 Gen mortgage 4%s-4s ser A 1980 Atlantic Relimng 2%s debentures 1966 Stamped Panama *-- — 82% — ASecured etl sinking fund 6%s Netherlands 1998——April-Ocf debentures General unified 4%s — 1963—Jan-July 1 7% 10 7% April-Ocf 1975 4s 1975 convertible Atlantic Jan-July . 53 88% B __ Minus Geraes 12% 1922 ASmall AMflan 7% 88% 88 % — INDUSTRIAL 1972_Jan-July 1982 American 11% 9% — — (assented to assented (1942 new 12% 11 — 1963—Jan-July ASmall tATreasury 6s of 1913 agreement) ASmall 20 9% - assented new 12% — 88 88% *— AND Jan-July ASmall A4s 11% to new 139% *— 3%s debentures First 10 12% 11% 134% 95% *121 __ Power deb 5s 2030—_Mar-Sept 2%s: debentures 7% A *11% *134% — 1967 3Ya8 convertible ''*11% — — 150 Feb-Aug Stamped 11% 150 Feb-Aug 3%s 2y8s debentures — 1963—Jan-July ASmall A4s of Jan-July 1952 7s 2%s debentures 1945—Quar-Jan (1942 agree't) 9 97 . General assented new May-Nov 1980 2%s Atchison ASmall 14 90 *87% __ May-Nov RAILROAD - Corp 3%s 2%s 40% — -- 14 % 5% *150 — __ * 2%s convertible Ann , 7 10 6% __ May-Nov 14% " >-• 7'/» 73 7 — 1984 3%s debentures 7% 1968—Jan-July Feb-Auy mortgage 3s 2%s debentures 71 • Bosch J" — Jan-July 8% *— __ Mfg 2s debentures 1956—Mar-Sepf American St Foreign American Telephone 62 51 Co first Airlines w— A Large 5 1979 1958 St Susquehanna Atlanta A5s 8% 18% 1978—June-Dec Southern Allis-Chalmers ASmall „ 10 1978—_Feb-Aug Alleghany St Western 41% 59 33 7% agreem't) 8% 1979 readjustment American 78 — (1922 7 May-Nov 1937) Valley (Dept of) (City) external 7s 1958 Alabama 48 ALarge |A5s assented 7 Cauca Alabama 103 30% 8% -Quar-Jan 66 conversion , 72% 1 111 . 34% -- 1945 85 82 readjustment external external Del 3s |A6s of 1899 due 73% 66% 1964 A4%s 13% 27 7% 7 75 51 agreem't) 67 80 1960 6s (dollar bond of 11% *7»/a . (Republic of) 85% 67% — May-Nov fund AWarsaw ASmall 1968 Mexico 73% 80 ' 51 - 67% 55 -- Mexican Irrigation— - 66% *61 June-Dec fund Valle 64 49% — |A4Mis assented (1922 agreement) A4%s small 1943 88 *„ June-Dec sinking 3%s 80 55% - — 1978 77 87 »„ 1962 sinking 4-4%-4%s 92% 73% 63/4 53 ,a — 1954— 68 — 1958 7s 2%s AMedellin 71 90 — 1958 3y«-4%-4fts external 97% 7s 1057—April-Oct 7s 1951 75% 65 April-Ocf 1962 (Prov 3%-4-4%s 101% -Jan-July Jan-July 1952 (State Mtge Bank) 69 56 May-Nov Slovenes external St series B secured 40% June-Dec 3% 72 57 *— — — Jan-July AExternal 114 18 — — . . to (Kingdom of) 1968 Sydney County Council 3%s 1957 iAUruguay (Republic) external 8s 1946 ■ Jan-July Mar-Sept 1% 2004„Jan-Juiy 2.25%) to loan secured ASilesia ' 45 3o,a 102 31'/a 31% Jan-July 1947 7s Croats A4%s 33% " 6% 6 k '64 Utility— Credit Institute A Jugoslavia 1977 56% Mar-Sepl pursuant to Plan A reduced to 2%) 2012 A7s 47% 48% 7 75 ,4 -- I960—_May-Noe 5s l-3s f s 1977 IA7s series A Italy 1960——Aprif-Oct fund sink extl Italian Credit Consortium Italian reduced AAdriatlc Electric ■■ High Plan A See Cauca 1976 » extl 1956 to A8s __ 1976—-Jan-July Jan-July 1 *67 — Jan-July loan External —Feb-Auy April-Oct 1976 1 1 Jan-July (Interest 47% „„.. ■ external 6'/2s (City) (Republic) water external Low A Jan-July pursuant (Interest Range Since Jan. 1 No. (interest A AExternal — — 1967- 76 1968 Free State Italian external Stamped Plan 1999 1950 pursuant to Plan reduced to 2.5% ) 1999 38 4% 44 44 a ;40 J40 40 71 73 69 70 24 25 110/2 111-4 — -- 1964 AOs part paid Irish 39 28% — Sold High „ 84 — bonds Jan (Republic — — 33 /2 ~3 /4 — „ 1942——Jan-June I960. to pursuant 8tamped 33 % Bonds Friday's — stamped 36% , May-No» (interest reduced to 2.5%) Government— A7s (State of) 1036 2012 External f dollar bonds Jan s f dollar s Paulo 8a " reduced to -April-Oct (interest (Republic of)— f dollar bonds Jan s 0%s extl San 48 35 49% ; 34 1955 3s extl 37% 28% 39 — reduced to 2%) — assented 1962 4a "l 4r extl secured sinking fund 1957—May-Nov Stamped pursuant to Plan A (interest ovas A8s external 1970—-Aprff-Oct fund dollar bonds External gold 5%s - 37% or Bid & Asked continued— (City) 38 -Jan-July External gold 4i/as Salvador 50% Paulo 28% Apnl-Oct fADenmark 20-year external 6s El 40 — — -June-Dec 1961 extended 38% Sale Price Low 33 a . - 26% 28% 64 Last Period High — 1947 April-Oct i A Sinking fund 7s of 1926 due 1946 May-Nov lASinking fund 7s of 1927 due 1947 Feb-Aug Copenhagen (City) 5s 1952— ►—June-Dec 25-year gold 4'/as 1953 May-Nov ACosta Rica (Republic of) 7s 1951—1 May-Nov Cuba (Republic of) 4'/2s external 1977 June-Dec Cundinamarca (Dept of)— 30-year 3s sinking fund $ bonds 1678 Jan-July Caecboslovakia Low Week's Range Interest BONDS New York Stock Exchange 2 33 33-a fAColombia Mortgage Bank 6%s - No. — _ ._Mar-Sept 1961 Jan „ May-Nov Mar-Sept 1960 1928 Oct — May-Nov 1962 (Hukuang Ry) 5s 1951 (Republic of)— Colombia Jan. 1 — Aptti-Oct Consol Municipal AChlnese Range Since — June-Dec 1962 A7s assented *45 *33% June-Dec AGuaranteed sinking fund 6s 2K Friday Bonds 34 — __ April-Oct fund 6s 1961 1961 assented 32 /a ,a June-Dec •%s assented 1961 A6s ' High June-Dec A81nklng fund 6%s 1961 AGuaranteea sinking A6s assented 32 1993—June-Dec 2-3s 1957 1957 assented JULY ,, „ Mortgage Bank 6%s A6%s ENDED San cont fund dollar bonds jsoctl bIhk A Chile MEEK Sold or Friday's Period BONDS New York Stock Exchange FOR Week's Range & Mar-Sepf Oho Adirondack 1960 4s Mar-Sepf 1965 100;! 100 100 86 84 86 13 94 104 17< 102% 4 105% 105% Mar-Sepf 11 74 83 105 y« 106 % 86 106'% 103 Rv— mortgage guaranteed Celanese Corp 3s debentures 4s 1981 1965 June-Dec April-Ocf 62 103 % 62 62 103% 103% 1 8 58 103 64 104% (401) NEW YORK BOND RECORD RANGE Friday BONDS Interest, New York Stock Exchange 1 or Sale Price Friday's Bid & Asked Low Celotex Corp 3'As 3'As debentures 1960 Feb-Aug Feb-Aug debentures of First series 1995 A A Jan 83 A Gen mortgage 4'As series B Jan l Central RR General Co of N 70 New York 3'As *64 63 55% 53 56 316 47'A 46 48 669 < 104'A 1987 Power 3s 1974. First mortgage Champion Paper 121 70 First 3'As series A 3%s series B Fibre & 1974 Feb-Aug Feb-Aug 1968 deb 3s 103% 12 4'As 1992 Mar-Sept impt M 3'As series D 1996—May-Nov and impt M 3'As series E 1996_ _Feb-Aup Refund and A impt M 37/8s series H 1973—June-Dec div Second first consol consolidated gold gold 4s 4s 105% 102'A 102'A 101 'A Collateral 101'A 103% 1% Denver 124 133% Income 31 100 103%. 1% 102 102 102 12 100 104% 1043A 104% 105% 49 103% 106'A 114 120 % 112 114 *110 ' — 4s 1958—.i—,. Mar-Sept. relunding 4'As series B 1977—Feb-Aug First and refunding mortgage 3Vis 1985—Feb-Aug First and refunding mortgage 27/8s 1970__Feb-Aup 1st 110 & ref mtge 3s 1990 110 110% 100% 102 100 General Gen 3s & ref Feb-Aug mortgage inc conv 5s 1997 April First mortgage 3%S series B 1985—May-Hoy Chicago & Erie 1st gold 5s 1982 May-Nov Chicago Gt West first 4s series A 1988—Jan-July AGeneral A 2nd mortgage 4'As inc Chicago Indiana & A ser Southern 4s Jan 2003 April 19E6 59 195 74 74 74 11 *127 Va *81% First mortgage General 4'As 83 series A 62 64% 41 55% 54% 56'A 163 96% 96'A 18 Second mortgage mtge 3s 2%s & A ser B _Jan-July A Jan 2019—April 1 100% 100% April 1999—April Jan-July 5s 1951 mortgage mortgage First First 3'As series F 1963 2%s series G 1963 conv 4s Western and Indiana refunding 93 First Union 4%s series Jan-July Jan-July 1952_Jan-July 1962_Mar-Sepf D City City Ice & Fuel 2%s 2%s r. 51% 64% 56% 89 96% 5s stamped Cincinnati General gold General 5s 4s Erie B St 1961 Railroad Electric Louis Series D 3'As Short Cleveland Union 69 328 52% 69 First consol Divlslou 62'A 60 64 91 91 91 First mortgage 5'As First mortgage 5s First mortgage 4'As 8 98% 100 Firestone Tire 4 102% 103% {Florida 3 102 103% First Fuel <fe Iron mortgage Columbia 3 '/4s Gas coll System debentures 82 82 5 76'A 79 55 79 104 102 debentures Columbus & Commonwealth C 3s First 85 and 64 65 *83'A 110'A 100% 103 % General mortgage 3%s 100 102 General mortgage 3%s series O 2000——Jan-July General mortgage 96 97% 83% 17 91% 75 85 100'A 59'A 205 74'A 57 * 22 A4s (B 105 33 106 % % 106 ' *99% 98 100 98 98 98 10 5'As M L series series 1969 101 110'A 110% 111 150 % — 152 104 % *109% 105% 106% *110 110% — 81 76 80 *98% -» to. 63 81 97% 98% 81 207 " . 87'A 83% 85 % 8 84'A 86 86 7 80 *97 100 103% 99 , 87% 98'A 98'A 100 100 105% 102% 103% 102% 70'A I_ *103% 75% 104% 101% 11 *102'A 103 74 103 75'% 59 173 68 60 B 104 Greyhound Corp Mobile & 104% 107% 13 125% 129 18 118 125 2%s series P 1982 Feb B debentures 3s Ohio 1 106% 108% 3s 11 106 108 1st 97 99 17 92'A. 91% 9 2'A 14 81'A 81'A 5 79 94'A 95 8 94% 97'A 67 67 12 35 *67% 11% 73 II 3%s 105% 105'A 105% 17 105'A 106% First 7 7'A mortgage 1st mtge 1976-:.—May-Nov 104 96 87'A ' 7'A 12 3 102 104 3 103% 106 74 100 103% 74% 109 61 74% 99'A 99'A 20 99 83 1 1 r-l o o V :: 104 June-Dec 105 102 *103% —June-Dec 1980—— 83 5 11 71'A Jan-July , 1979 2%s 104% 101 % 81% 101 April-Oct 1978 3s mortgage X- Jan-July 1968— 1969 2%s morteaee 11'A 102% 102% April 2044 Inc 4s series B Jan debentures 102 Va 99 104 trust 102 95% 99/ mtge mtge 96 98 April-Oct 1959 104% 104% RR— Gulf States Utilities 2%s 108 92% 39 First and refunding 3%s series D 108 103 127% 127% 1990—Jan-July series N General Collateral 88% 101'A 118% 119'A 104% refunding 4s series B 1975 Jan-July inc 5s series A July 2015-—April 1969—April-Oct First and 88% 88 % Jan-July Jan-July ! 1976 D 107'/. 100'A 102% —Jan-July 1952 1973 C series 107% 100 II *101'A 102'A -Mar-Sept 196f%May-Nov 2%s mtge certificates ADebenture 107 1964„April-Oct 1977 1st 2%s ref M ref M 1st ref M 2%s ser ser 2%s Feb-Aug 104% 104% *104 ^ * 102 __ Continental Q R ser A Northern Ry §ADeposit receipts first §ADeposit 5s 105% 105% 106% — 106% ■ ; — 105% 100 >A 100% 100 100% 100% 101'A Consol 102% 105'A Consol 102 102 'A First gold 7 ~3 Illinois First *100 103 103 101 'A 103'A 6 *102'A 104% — 101% 101'A 99 % 101% 99% 102% 98 20 100% First Extended 10 100% 103% Collateral 4 104% 106% Refunding 105% 106% Purchased 105 „ __ 114 117 334 110 109 109 2 11109 140 110% 11103 *104% 104% 104% *104% 11104 105 *104 105% 11103% 106% *104 104% 11103% 106% 11108% 124 „ 108% 111 20 April-Oct 103 103 103 5 103 104 Mar-Sept 104 103% 104 103 102% 106 — 102% 103'A *102'A 103'A Jan-July mtge 3'/8s 1966 May-Nov 5'As 1942 June-Dec 96 48 31% *85 27% 31% 1 — «. 7 gold Collateral Debenture 3s 1978—— series A & debentures Hudson footnotes see 4s 144 63 70 123 27 42 101% 102% 1955— 3'As lines trust 1952 — 88 Feb-Aug Division 3'As first 1951 33% 35% 35 27 102'A 101% 102'A ii 101 104'A 100% 101 *35 103 104'A First and 102% 103% - 5 107% 107% 93'A 95 103% 106% 83 88 104 106 102% 105% 108 96% *101 101% 101 % *100% 101 100% 100% 102% 102% *102'A *100'A 101'A *100'A 100% — — 101% 100% 101 101 *100% — 101% 100% *101 100% 101% 102% 101% 102'A 53 101% 106 52 98% 102 — — — and Chicago 4'As series C refunding 103% 105% 105 101 1963-June-Dec Co— Refunding and imp 2'As series C 1986—June-Dec {International Great Northern RR— AFirst 6s series A 1952— Jan-July 102 92% 95% 95% 3 97% 97% 4 96 93 93 1 93 96 90 88 90% 53 81*% 92 40% 171 refund 97% 99% Union Ry 32% 43 y4 88 75 86 105 75 40 40% Jan-July 81 84'A series C 1956Jan-July Hydro-Elec deb 6s 1944_ApriZ-Oct Rys Central America 1st 5s B 1972__May-Nov 81 85 60% 61-j'g 32 95 9 7'A 5 75% 79% 63 5s 102 2 104% 104% 95 *101'A 102'A Central 1 20 103 104% 104'A *102 series gold B July 1952 1956 April-Oct 5s 61 95 33 60% 95 86 62% 100 101 101% 101 *100% Feb-Aug Registered AFirst 103% 101% 100% *101% 101% AAdjustments 6s series A 101 105 100% Springfield Division first gold 3'As 1951-Jan-July Western Lines first gold 4s 1951_:—-—Feb-Aug Indianapolis 35 % 105 108 102 *100% Feb-Aug Jan-July —Jan-July 89 30% 104 *10042 mortgage 4s series D 1963_June-Dec Illinois Terminal Ry 4s series A 1970 Jan-July 6 106% 108 Jan-July First 33% 103'A 106% *104 May-Noy May -Nov gold 4s 1953 5s 1955 4%s 1966 gold 3s 1951 St Louis Div and Term gold 3s 1951 Gold 101 % 1 *103% — Omaha 33 106% 106% lAInternational June-Dec 1965 *106 ApriZ-Oct II II' June-Dec 1965- extended page 93 67'A —.Jan-July 1978 Dayton Union Ry 3%s series B 1975_April-Oct 88% 35 Inter 2%s mtge 128'A 101% 19 66% Bridge gold 4s 1950 June-Dec Litchfield Div first gold 3s 1951 ——Jan-July Louisville Div & Term gold 3'As 1953 Jan-July AFirst 2%s 4s 35 D Co sterling 1951 gold 4s 1952— 3s trust 50% 1; 3 1951— 97% 32% *32% mortgage Jan-July Jan-July April-Oct Mar-Sept April-Oct —May-Nov 92% 23% June-Dec mortgage 1951 3'As 1951 first gold 3'As 4s 31 n 5A6s first 100% 99% 34 % 4%-3%s ser A 1979——May-Noy 5%-3%s series B 1979—May-Noy 3%s series C 1974—May-Nov 47% 27% 32% & Lt 91 98% 119 67 1981_Jan-July June-Dec St L & N O— Joint first refund 5s series A 1963 June-Dec 25% June-Dec Power April-Oct 1957 81 96 *46 Jan-July deposit deceipts 1946 B deposit receipts 1946 2 10 34'A Cairo Jan-July 23 RR— mortgage 101% 101% Jan-July April-Oct receipts Feb-Aug Telephone 2%s series A 3s series B 1978 mortgage 4 *105% 116 ' April-Oct 1952 90 % l962_June-Dec 1957 mortgage 99 % 105 June-Dec gold Bell Illinois Central Illinois 1st A gold 106'A 106% — 1965 A 99 123 I 107 Jan-July debentures 5s AAdJusted Income 5s Feb Refunding 1975 first 107% May-Nov first Manhattan 103% June-Dec 27/8s ser 123 100'A 100'A 107% & 104% April-Oct 1976 1970_ 106"% 107% 107 '/a 107% §A J'As series A series Hudson 103% 105% City(Bait) 1999— 106% 105% 1982_Mar-Sept 1981 3s fACuba 105 _ 123 4'As first 98% 99 Jan-July Jan-July 2%s 104% 3 ' mtge Ry 1976—Mar-Sept mtge Corp 2%s Hudson Coal first sink fund 5s *103 'A 104% 1963 Power first Finance First 1981 T U Crucible Steel Co of Am RR H Water Hackensack Consol mortgage 1976 first Baking 78 101% '• Jan-July 1962 Power 62% 100'A April-Oct Consolidated Natural Gas 23/4s 1968 Consumers 50 __ *104% 105% 1951 3%s Bait Lt & ser debs conv 77'A June-Dec 1978 1999 2%s of ser 1st 75 *101% —April-Oct N 4'As fund Co 2%s For first Jan-July General mortgage 2%s series Q J010—__Jan-July General mortgage 2%s series R 1961—_Jan-July AGreen Bay & West debenture ctis A Feb 108 Mar-Sept debentures Gas ref Delaware 99% Ry Co— 4'As May-Nov 4s mortgage 4'As 1954 1st & debentures Co F) 5s Household series mtge Consolidated Gas El Deere income conv General Gulf 65 87 80 87 106% 106% 106% Co— sink convertible Consolidated First 101 104 Realty & Utilities Corp— Great Northern 107 'A mtge 25/8s ser B 1977_Aprii-Oct refund mtge 23/4s ser C 1972—Jane-Dec refunding 3s series D 1972—__May-Nov refund mtge 3s series E 1979_Jan-July and First 21 99% 101 G General • 98% 74'A 1956—May-Nou 6s 104 % ■ 85 72 trust 6 '101 73% May-Nov 110% , 98r refund and First Dayton 8 105'A 105'A June-Dec 106 General 89' 1961 1959 104 — 88% 4'As 104 *97 1974 1st and ref refund and First 4 102'A April-Oct ACuba 96% 92% 10 *150% 1971_Mar-Sept 101% „ '110'A debs 3s first collateral Sugar Goodrich *102% Rubber Coast Hocking Valley series 3s Pwr and 2'As 3%s 106% 6 Consolidated Cigar Corp 3'/4s 1965 Consolidated Edison of New York— 3s mortgage 101% 100% 1961—Feb-Aug General April 100% 100 A First 106 % 80 April-Oct 1977 trust fund debentures f debentures 1999 River First first & East Francisco April-Oct April-Oct 1974 Edison mortgage Ry & Lt Conn 102'A 99'A *109 - refunding 5s series A 1974—Mar-Sept ACertlficates of deposit Mar-Sept First 1972 1973 sinking Conn 67 Va 18 100 Ve 100 % 103% 101% 101% April-Oct August mortgage s 67'A 93'A 99% 101% 102% 103% 103'A Feb-Aug South Ohio Elec 3'/4s J970—May-Sept Toledo first external 4s 1955_Feb-Aup & Columbus 23/4s 69% 4 1 101% 102 % 7 10 101 % 101% 102 87 72 17 Feb-Aug 1961—April-Oct 1973 debentures March First 67% *92% -Feb-Aug April-Oct 23 104% 101% 72% Inc— 3s First 120% 68 103% 104'A April-Oct. Corp— and 3s 3s 1950 A series 104'A AFirst and General B 101% 110 156 75 91 Co— series 101 -- 112'/2 67 % May-Noy — 103% 64% 87 1 102 1 4s Ry— (stamped modified) 1980 4'As 50'A 1,043 102'A E 1st gtd 4'As series 1961 93% 108'A 100% 111 1976-Mar-Sept B ser debentures 87'A 104% 10 Southern & Colorado % 99'A 100 ' June-Dec first 4'As 30 92 *69% 3%s series G 2000 Jan-July mortgage 2s series H 1953-Mar-Sept 102 June-Dec Div Terminals 80'A 91% >101% 112 mtge 102% 102% June-Dee guaranteed Line 98 65 Co— 65 % Pittsburgh RR— Cleveland Colorado 104% Ry— mortgage 3s 1982 & 95'A 371 101% 89 % 101 June-Dec mtge Inc 4'As ser A Jan 2015 68 June-Dec 1993 Mich 80% 105% 105% First consol mortgage 3%s series E 1964_April-Oct First consol mtge 3%s series F 1990 Jan-July First consol 102 1977—Jan-July 1991_Jan-July first coll trust 4s 1990_May-Noy Illuminating 3s 1970 Jan-July St Louis Division Cleveland 99% June-Dec 1993 series Cincinnati Wab & First Feb-Aua 1966 Refunding and impt 4'As series Cleveland 5 April-Oct debentures Chic & 12 98 76% 91 1995—June-Dec A June-Dec 1961 May-Nov 4s 1965 78 1969—Feb-Aug 1959 Investing Co 4s debentures Cleveland Jan-July & Georgia div first 5s 195fl_May-Noy (N Y) first cons gold 5s 1995_Jan-July Elgin Joliet & Eastern Ry 3%s 197-0 Mar-Sept El Paso & Southwestern first 5s 1965 April-Oct General gtd 3%s series E 2%s series G 1974 Corp — 97 Edison El 111 Terminal— mortgage First mortgage C I T Financial 105 79 East Tenn Va 84% 61'A & Elec 1st mtge 2%s 1975_April-Oct mortgage 2%s'l978 —Jan-July Cincinnati 105 II 103% 74 451 Cincinnati Gas First 107% 127% 78 Chicago Union Station— First 105 % 59 74'A June-Dec Memphis Division 1st gold 4s 1951 June-Dec Chicago Terre Haute <& Southeastern Ry— First and refunding mtge 2%-4'As 1994_Jan-July Income 2%-4%s 1994 Jan-July Chicago & Tunnel & 2.35s 77 _Jan-July Orleans "2 RR— 1980 New 1985 100% Chemical Ohio 2044—— 1989 Pacific 73% 106 Ve 106 % '' 1994 4'As Jan series Island Chicago St L & inc conv mortgage Chicago Rock 63 'A 1982_May-Sept Mar-Sept. 1958 Dow 40 Va • 50 —April Duquesne Light Co 2%s 1977 1st mortgage 2%s 1979 73% ' I 1995 4s Terminal 86 — 73'A June-Dec gold Detroit Tol & Ironton RR 2%s RR— 1 lien 101 % 68 29 62 Jan-July Pacific increased Series B Jan North Western Ry— Chicago & 1st 4s Paul & mortgage 4'/2s inc ser conv First St first gold General Chicago Milwaukee debentures Mack 110% 126% 90 mtge 2%s ser J convertible 104 36 — 88'A 90 inc mtge 4'As Jan 1 2038 April Chicago Indianapolis & Louisville Ry— A 1st mortgage 4s inc series A Jan 1983——April 51% 65% 69% _Jan-July 1993 series 99 . 86% 56 % 1 RR— 1970 2%s oo .1.2 *99% 100% 59 refund Detroit Chicago & Eastern 111 RR— AGeneral series H 3s and 108% 2 11 101 81 36 Lake— 112% 110 84 65'A 73% 1 (3% fixed interest) 1993- 100 11 108',4 108 V4 May mortgage (3% fixed interest) A Second and 4-6s contingent Detroit Edison Chicago Burlington & Quincy RR— First 84 60 series A Salt & 17 102 Va Detroit & General trust contingent 101 *114'/8 127 High 65 --May mortgage series A (4'Aft contingent interest) 2018 127'A 128 1989—Jan-July Jan-July Low Alncome 102 1989 1973_May-Nov C 1993 Denver & Rio Grande Western 104% 102'A 9 series 5s Jan. 1 No. Div 2042—May-Nov Delaware Power & Light '3s 1973 *—April-Oct First mortgage and coll trust 3%s 1977_June-Dec First mortgage and coll trust 2%s 1979_Jan-JuZy 104 *102% 103'A *103 , 1965—Jan-July and Refund 48 M due Range Since Sold Co— RR Western & Bonds High division Essex First mortgage — gold Refund 56 40% ' Chesapeake & Ohio Ry— General 67% 39 v refund mortgage & Western & Lackawanna and Morris 64 104'A 104'A Pacific Ry Corefund York Alncome 68% J— mortgage and & 94 62 —" 69'A 2020—_May 2020___May 1 R Delaware Lackawanna New " Range Friday's Bid & Asked Low „ April-Oct series First 101% or Sale Price High 100'A — Jan-July 4'As Central — *101% Week's Last Period New York Stock Exchange Low Jan-July mortgage Central Jan. 1 NO. Interest BONDS Range Sine* Sold Georgia Ry— mortgage AGen £* JULY ENDED Friday Bonds High *102 — (1947 issue) 1960 IACentral Branch U P first gold 4s 1948—June-Dec Central WEEK Week's Range Last Period FOR 1963—May-Nov 101 'A 101 % 94% 93% 94 % 6 33 90 99% Jamestown Franklin & Clear Jersey Central first 4s 1959-June-Dec Power & Light 2%s 1976—Mar-Sept 77% 102'A 103 13 70 100% 79% 103% 25 26 t(402) The Commercial and. Financial Chronicle , . . Monday, July 31, 1950 NEW YORK BONO RECORD RANGE Period ENDED JULY LmI or dale Prioo Friday Bonds Friday'* Bid A Asked Low High Low Si Mich 1st intge 1990———April-Oct 1976 June-Dec 4s *82% High York mortgage 2%j> 1978 June-Dee Kansas City Southern Ry 4s ser A 1978—Ap-ii-Oci First mortgage 3%s series B 1968 -—June-Dec Kansas City Terminal Ry 2%s 1974 82% 82'A Refunding and lmpt 4%* eerie* A 2013_Aprll-Ocl 100% 103% Refunding and lmpt 5s eerlee C 2013—April-Oc N Y Central A Hudeon River RR— n 103% 106 104% 103% 105 % 104% 104% *102% Jan-July *115% 1987 mtge 4s Terminal 4%s 1961—Jan-July Jan-July Jan-July 4%s unguaranteed 1961 Jan-July Kings County Elec Lt Si Power 6s 1997—Aprll-Oci Koppers Co first mortgage 3s 1964 Aprll-Oci lAKreuger A Toll 5s certificates 1959 Mar-8ept Stamped Plain 4 _. 102% 114% mortgage 3%e 1997 3%s registered 1997 Lake Shore collateral gold 3%a 1998 3%s registered 1998 114% 27 33% 100% — — — General 103% __ *33% 1961 1961 Laclede Gas Light 4%s Dock First mtge Lake Shore Si RR 100 97 " 103% 176 103% *% 1 181% 103% 105% N % 4 1% N -- Mich 3V2S registered Lautaro Nitrate A South gold 3 Vis fund A ref 5s 1st A ref 5s ref 5s 1st & 1997-Jnn«-Dec 1978 June-Dee 4%s mortgage A ser Fsb-AUg Fab-AUfl —Feb-AUf 1904 1974 extended consolidated Series A 4s Series B 4'/2s 8eries C 5s D 4s Series E Series Lehigh to Co 7s First and First refund First and St 91 9 97% 2 , 90% 94 4 83% 99% 81% Ian 79 7 73% series 67 74 76% 32 69% 76% 56% 59 65 67% 68 1952 62 V2 158 50% IN 5s 1951 55% 62% 51 471 33% 51 52 47% 55 85 36% 55 57 50 58 72 40 58 79% 80 6 103% 103 Va *103% 74'A 3 121% 121% 121 Ve 6 — — ser G ser H AprU-Oe\ *103% II 104 — 93 96 7 2003—Aprfl-Oe* 2003—April-Oe\ -Jfar-8ept Louis Div second gold 3s 1980 Knox A Cincinnati Dlv 4s 1955 Louisville Gas & Elec 1st Atl Map-Not 84 86% 21 101% 103 *93 107 31 105% 102% 107% 17 102% 102 % 1 61 105% 102% 105% 89% 100 Ye 79 y2 99 92% — 107 mtge 2%s 1979—May-No* 88 y2 104% ' 95 107 109 101VA 103% Maine Hi A Central Co 2%s debentures 1972—May-No* RR *101% 4%s series A 1960 June-Dee mortgage A con 4s series B 1954_Juno-Des Sugar 4s sinking fund Feb 1 1967—May-No* Manila RR (Southern Lines) 4s 1959 Maf-N©V May Dept Stores 2%s debentures 1972 Mead Corp Metropolitan Edison 1st mtge 2%s 3s first 1966 gold Sag 195x. mmi-jtp 1952 Mag-NOt Refunding and lmpt 4%s series 0 1979 Michigan Cons Gas first mtge 3%s 1969 First mortgage 2%s mortgage 33/«s 1969 3%s sinking 15 A Midland Minnesota Minn St First A fund of N Mining Paul A debentures J first A ext Mfg Saulte mortgage 4%s 1967 5s 2%a St inc MarSep* Mar-Bopt Jan-July 1940 40-vear 5s 4s Prior lien A Cum seriei A Pacific First and AGeneral 4s A and AFirst and Mohawk A Jan — series States Power 102% 105 Ve 102% A 32 debentures Tel 88 B 59% First and 77% 90 First and and and 97 88 84% 97 First 87 % 57 74 87% First and 85 85 4 75 85 First and 86% 92 208 72% 92 103% 102% 104 % 76% 1955—May-Noc 74% 105 78 1978 93% First First 105% and and First mortgage National 3s Dairy 3s Si A series Products debentures and B debs 94 105% 2%a debentures I970.^vn*-D*e first gold Tel debentures debentures series B Jersey Bell Telephone J Junction RR gtd 3yes first New Jersey New Orleans New 1961 A Great Refunding and lmpt New Orleans tNew Term Orleans AFirst 5s B A 1986 46% Mexico A 1953 1962—Jan-JUly Jam-July Aprlf-Oet Certificates of deposit AFirst 5s series C 1956 ACertificates 4%s of ACertificates of D footnv%s pnee 54'A 101% 103% 104% 6'A 7% 360 2% 3% 308 1% 101% 101 y2 5 100% 7 57 7% 3Va o2 63 5 9% 64 100% 100% 100% 3 100% 101% 105 105 105 y» 11 104% 106 % 47% 46 17% 15% 49 23 41 53 28 „ 17% 13% 10 100% 76 102 Ve 102 Ve 104% 5 104% 104% 71% 17 80 103 % 4 104% 105 106% 106% 106% ~2 105 % 107% 101% 101% 21 101% 101% *104% 105 y4 107% *87 90 127% 127 Ve 88 11 94 *106 126 133% 114 *117 117 107 105% 107'/a 103 27 109 100% 112 103 20 67% 65% 68 112 60% 70 % 63 62% 64 12 59% 66 86% 88 Ve 23 80 89% 92% 94% 92% 94% / 87 94% 94% 35 99 107% 87% 97% 31 88 97'A 103% 102% 104 61 101 105% 101% 103 102 lOlVa 102 41 100% 103% 101% 102% 106 *__ *95 — — 99 99% 102 102 105% 105 101 100% 101 102 1 101% 102 13% 13% 105%. 5 11% 104 3 13% 106% 102% 102% 102 104% 104 ►100% 101 4 99% 100% 20 27 105% 106 99 % 102 % 7 101% 104% 11 105 106% 5 104 105 Va 101 Va 101% 104 Ve 104 y4 5 102% 62% 84 % 86 109 75% 89 *101% — 74 74 3 65 77% 102 102 2 102 104 Va June-Dee ►102% 103 — 103 103 y4 103% 104 17 102% 105 Ye 112 115 l 1900—Aprll-Ooi Pennsylvania CoPennsylvania Glass Band 8%s 1900 Pennsylvania Power A Light Co- 86 99% First mortgage 3a 105 % May-Nov Pennsylvania RR— 1978 102 101% 102 16 93 96 113% 113 % 26 June-Dec 103% 102% 103% 99 99% 5s June-Dec 108 105% 108 81 102% iprll-Oct 99 97 99 V« 163 90% Jan-July 99 95 99 101% 106% 1 104 % 103% 104% 100% 101% 101% General 106 3 — — Peoria & mortgage 3 Vis series F 1985 Eastern Philadelphia 116 119% General 5s 104 % 106 104% 104% General 1 gold 103 105 105 7/e 107% *76 104% 106 102% 103 7 100'A 103 102 % 102'A 7 102 104 Ye 103 103 5 100% 104 y2 100 101 8 99% 103% 100 100 100 ICO 101 1 99% 3 — * 97% external series 4%s B A Wash RR 99% 102 101% April-Oct April Mar-Sepl 81 81 64% 61 64% 21 18% 21 — 101 101% 91 46 100% 2 76 % 27 208 15 109 99% 93% 101% 86 52 64% 14% 21 99 103 % Oo— *112% 117% Feb-Aug O 100% 101'A 61 1U5% 1977 Jan-July — 110 118% *108 107% 111 110% Philadelphia Electric Oo— . First and June-Dec May-Not May-Noc refunding 2%t 1971 refunding 2%s 1907 refunding 2%s 1974 First and refunding 2%s 1881 First and refunding 2%s 1978 ISAPhllippine Ry 1st sink fund 4s 1987 ACertificates of deposit Phillips Petroleum 244 s debentures 1804 First 2%s and conv debs 1975 guaranteed 4s ser ser ser G 104% Consolidated guaranteed 4Vis ser 101% Consolidated ser 1 101% 104% 37 101 % 104 s/8 16 101 103% 101% 103% 103 104 % *7 6% 104% 8 7 12 102 2 102 102 108% 108 % 109% — 7 *99% 100% 648 6% 11% 10% 102 103% 104% 110% 99 100% *103 105 102 % 103 May-Nov *106 107 106 106% Feb-Aug l903_Feb-Aup *104 103% 104 1987 I 102'A *103 6% Feb-Aug _ *101% 103% H 1900 100% 4 Vis 101% 102 F 1988—June-Dee 100 guaranteed 102 101% Feb-Aug Jan-July May-Not Consolidated guaranteed 4s Consolidated guaranteed 4s 101% 101% 102 June-Dec Pittsburgh Bessemer A Lake Erie 2%s 1990.June-Dee Pittsburgh Cincinnati Ohlc A 8t Louis Ry— Consolidated — 100% Jan-June 1960 1974 series April-Oct First and — 100 4s Baltimore 16 *104% 105% 1st April 1990 Pere Marquette Ry 8%s series D 1980 20 *106% 107'A 100 I860 A Income 4s 116% 116% 104% 104% 102 % 4%a 102% *100% 101 % *101% 104% fund 1968 mortgage iYtt series X 1984 Convertible debentures 8 Vis 1862 103% 105% 105% 105% 104 % sinking series B General ■ 103 % 104 116% 113% 4%s series A 1908 General 4%s series D 1981 *104% 105% 105 Ve Feb-Aup General 31 103 % Aprll-Oc* A3%s convertible lno debs Sept -- 94 100% Airline* Guaranteed 4a series I trust ctfs 1909 93% 106% 21 *103% 1988 105 105% 102% 103% Pennsvivania-Central debentures -- 100% 101 102% Pacific Western Oil 8%s debentures 1984—June-Dec Paducah A 111 1st alnk fund gold 4%s 1888-Jan-Juiy 3%s *105 106% 103% 102 105 97% 107 102% 6 104 92% 72 103% 19 106 % 410 —— 58 104 Va 104 % 106 Ye 104% 171 106% 104 104% 104% 104% 104 % 106% 103 % 104% 1978 82 107% 103% 8 *104% debentures 83% 105 2 107% 3y»s 97% 4 104 % 106% 106% 81 105 104 2 93% ♦97% 105 103% 103% 104 105 84% 83% 37 4 50 56 102% 103% 105% 105% 106% 106% 1988 1987 101 103% 100% debentures 101 -May-Nov April-Ocf 1 —— Ipril-Oe* 3% 103 102% 102% 59% Feb-AOff — 27 *103 Aprll-Oci Aprll-Oci Afar-ficpi Mar-Sepl 3 Vis deposit see 40 Ve 98% 53 Feb-A*# — 1956 AFirst For * 29 49% 99 5%s series A 1954 ACertificates of deposit 803 ,493 104 1 deposit series 73 54 % 100% 33% Ry— 1954 A AFirst 69% 49% 1978—June-Dei Ss series 8 1988 392 RR— 4s 70% 52% 104 120 Mar-Seyf Jan-July 1983 series gtd 79 100 59% —Feb-Aug 1974 A 4Vis first Texas series 5s Mar-8epl Jan-Jaly 1988 4s Light Nor Mag-Nov Aprll-Ool 3s Orleans A Northeastern Power 100 June-Dec 57% May-No* 1974 New N 1954 1982 3s 101% 100% June-Dec 59% Co— 4%s 3s 4s 95% 100% June-Dec Pacific Tel Si Tel 2%a debentures 64% 102% 102% June-Dee Distillers Products 3%s debs 1974—Aprtl-Oet National Steel Corp first mtge 3s 1965 April-Oet National Supply 2%s debentures 1967 Jlune-De* RR *76% ...Feb-Aug 1975 1981 44 Feb-Aug 1970 New England Tel A First guaranteed 103% 100 General 1986 2%s 11 — May-Nov 2%s 8s series N 1977—June-Dec 2%s serlea P 1981—June-Dec 8%s serlea Q 1980—June-Dec 8%s serlea R 1982—June Dec 44 First and 79% Louis— Nat'l Naugatuck Feb-Aug Aprll-Oc! Jan-July Feb-Aup Aprll-Oct Mar-Sepl 1974...—Mar-Sepf April-Oct 9a series M 105 Consolidated Chattanooga 100% 101% 8%s serlea I 1966—June-Dec 92% M Nashville 90 73 3s series J 1870—_June-Dec 8s series K 1671—June-Dec Ss series L 1874—June-Dec 63% *._ — 97 — refunding refunding refunding refunding refunding refunding refunding refunding refunding refunding 414 *60 — 2 8 *101% Jan-July 1979— 3s 103% 105 % May-No* April-Oct 100 97 y2 91% 62 1980 Electric 715 *75 1986 2%s 1975 102% 104% 103 1991 2%s 2%s & 3s mortgage Pacific Gas A Ilectrle 45% 55 95 103 A 78 85 103% Tel 50 97% 90 74% June-Dec mortgage 2%s 1980 Oregon-Washington RR 3s series A1960 141 103% 105 Construction mtge 4%s Series Certificates of depo-it. States Gas 96 44% • 101% 101% 90% Oo— 1984 mortgage 87% 103% I 1981 97 103% Map-Not 4s 61 52 65% Aprtt-Oot gtd 52 4 106 «/a 55 Va 1949 Construction mortgage 5s series A 1955__May-Not> Certificates of deposit 3'As 102% 91% Morris A E^sex first euarantepd 3%s °on«. Mountain __ 106% 106% Feb-AU| Mar-Sep3'As series B 1966—. Feb-Auy Co. 3s debentures 1958--Maf-Nov Ry (Johnt ♦102% 106 % 1980 first 120 Jan-July 1st A 5s ser first mortgage 101% 90 /eO-Au# Mar-BeP* 61 57 31 Jan-July Feb-Aug Feb-Aug Map-Nov Jan-July first mortgage 2%a 1B74 mortgage Oklahoma 100% 59% -r_ gold 1st 103 — 86 % 196* -. refunding 5s series Monongahela Morrell 100% 25 Edison First ^ First A 58 55 % O First 53% latJ'i 60% 57 100 tOgdensburg & Lake Champlain Ry— gAFirsi guaranteed 4s 1948 87% Jan-July a 56% 73% 2%s 1980 Ry Co— mtge debentures 109% H Malone 107% 2%s 78% 88% T'" 78% 63 51% 100 104% 95% 107 % 58 lan-JtUj 70 52 % 4o .. 102% 106% 87 Co— refund 102% 102% Jane-Do* 63 Soutnern First refunding 5s serleB 5AConvertible gold 5%s series AFirst — 85% 83 1991—May 78 59% *57 % 101% — ♦— •" ^ 1975- 72* 99% 107 Aprll-Oe* Jon refunding 5s series F 1977- Mar-flep. G 1978 May-No» and 88 Ve 54% — iwit—May 1967 1978 refunding 5s AFirst and A First 1 58 % B RR 76 3 60 58 1962 4%s series D adjucumt ti. tMissouri A series 82% •68 95% 2014—Aprll-Oci 1998—Aprll-Oci Northern Central general A ref Bs 1974 Mar-Sepl General and refunding 4%s ear A 1874—Mar-Sepl Northern Pacific Ry— Prior lien 4s 1997 Quar-Jan 4s registered 1997 Quar-Jan General lien 3s Jan 1 2047 Quar-Feb 3s registered 2047 Quar-Feb Refunding and Improve 4%e ser A 2047—Jan-July Refunding and Improve 6s series O 2047—Jan-July Refunding and Improve 6s serlea D 2047—Jan-July Collateral trust 4%s 1976 Mar-Sepf *107% 108»/» *100% Marie— series mortgage 4s lnc ser A Jan Missouri Kansas A Texas first 4s 1990_ Missouri-Kan.1 xs-Texas RRlien 90 April-Oet General PTior . *101% 103 Jan-July Jfar-Bepi 1969 First *99% 84% 68% Y Ohio 3%s 3%s •106 70 94 Feb-Aug Aprll-Ool 187 10 Jan-July 2%s 1978— 3s 1978 2%s 1979 mortgage 2%s 1977 First mortgage 8s 1979 Northwestern Bell Telephone— 97 102% ♦100% 81 y2 KB— mortgage First mortgage First mortgage (Wisconsin) first 102% 68 88 y2 mtge 2%s 1974—Mav-yro» debentures 1988 Michigan CentralLans A 90 *50 78 V2 3d Corp first 8%s 1968 (Minnesota) Co- 3V«s First 15 100% 100% June-Doe i960 Michigan Bell Telephone Jack 72% ♦97 Jan-July first mortgage 101% — 71 First Manati 78 81% 1992—Mar-Sept June-Dec 4s Juno Y Northern M (R 64% May-Noi First Macy 58% AGeneral mtge Be convertible lnc Norfolk Si Western Ry first gold 4a 80 103Ve 103 % *103 95 767 456 73 1954 4a Ontario A Weat ref ¥ General 123% 102% 57 April-Oaf F 2003 71 78 100 first gold Be 1948 Telephone 2%s serlea D 1982 Refunding mortgage 2%s series X 1978—Feb-Aug Refunding mortgage 8s eerlee F 1981 Jan-July Niagara Fails Power 8%s 196B Mar-Sep* Niagara Mohawk Power Corp— /> 68 RR— ser 67 73% 72 8 ASecond gold 4%s 1937 8 AGeneral gold Be 1940 65 6 447/s Feb-Ao# 65% 71 High 69 .May-No- Susquehanna Ac Western 8AFirst refunding Be 1937 62% G4 < Juno-Doe mtge 3%s mortgage N Y Steam N 48% Feb-Aug May-No* A 55 100 Light iat mtge 2%s 1971—Mar-Sept Y A Putnam 1st conaol gtd 4e 1992 Aprll-Oci Y State Electric A Qaa 2%a 1977 Jan-Julj N 80 % 21 68 April-Oct 821 77% Y Power & N 85% 73% Aprll-Ool 65% *99 1973 B AGeneral 4s 1955 N 101 74 61 May May May 62 Va River A Port Chester— First 97% 77% Mag-Not 64% Jan-July refunding mtge is ser A 2007—Jan-July series A 2022—Maj First and 97'A 72% 76% Low Haven A Hartford RR— Harlem Norfolk refund mtge 2%s refund mtge 3%s anu 84 Ry— debentures 3s debentures 1963 Louisville A Nashville series Y New N 94% — 99% 100 79 May-Nov contingent interest 2003 contingent Interest 2003 Electric (P) 96% __ No. _May-No* series A 1973 A West 4* 8 A Terminal contingent interest 2003 Valley Terminal ALombard 8 6'A 94 *82 Map-Not interest 2003 Interest 2003 First mortgage 5s extended to 1979 Lexington & Eastern Ry first 5s 1965 Liggett A Myers Tobacco 5s 1951 Little Miami general 4s series A 1962 Lorillard 21 bonds- mortgage fixed fixed 5s 97% 100 1974—Jnn-J«ly 4'/2s F 91 — 94 Feb-Aug fixed interest 2003 Series *85 1970_Aprll-Oe» 1984 Lehigh Valley RR General Lack Y 4%s Co- stamped stamped stamped Jan. 1 High _ 90 »/s ■ Range Slnee Sold __Jan -Juli ' Mortgage 4s serlea A 2043 Mortgage 4s series B 2043 121 AGeneral mtge conv lnc 4%s Lehigh Valley Harbor Term Ry— First mortgage 5s extended to 1984 Lehigh Valley Railway— First 102% *95 Jane-Dee mortgage 3%« Lehigh Valley Coai lst 121 Ltd— mortgage income reg Coal A Navigation Co Sinking 102% 103% N 1997 Co 102% 3%s series A 1988_Jnne-Det First Lehigh 1968—Jfor-flept Terminal— sink fund A debs conv Bends New *176 — Jaiw»*i Jan-July Feb-Auy /eb-Aui Michigan Cent collateral gold 3%a 1998—Feb-Au| 3%s registered 1998 Feb-*.ui York Chicago A St Louie— Refunding mortgage 3y«e eerlee X 1980 Ju»e-De» First mortgage 3s eerlee F 1986 Apru-00 Y Connecting RR 2%a eerlee B 1976 Aprll-Oci Y Dock first gold 4* 1951 Peb-Auy Y A Harlem gold 3%e 2000 Kay-No 101% — N Lakelront /eo-nu* 1998 A 104% 105 105 Bid A Asked Oo— eerie* 4s "5 AprH-Ocf Kentucky Central 1st Kentucky Si Indiana RR Central 102 102 -- 1st Week's Bang* or Friday'* Last Sal* Prieei Low Consolidated Kansas City Power St Light 2%s Period New York Stoek Exchange Jan. I No Intereet BONDS Ranee Sine* Bold New Kanawha 28 Week'* Ranee Friday Interest BOND8 New York Stick Ej FOR WEEK J 1904-May-Nov *113 — ♦113% niy4 .. 113% 111 113% Volume 172 Number 4929 'hi.,,, The Commercial and Financial Chronicle . . . 'I. • "> I ' * f-)' 2?'! (403) NEW YORK BOND RECORD RANGE Friday Interest BONDS New York Stock Last Period Exchange WEEK ENDED JULY 28 Friday Bands Friday's or Sale Prist FOR Week's Range Bid A Asked Low Jan. 1 New York Stack Exchange Low NO. High Last Week's Range or Friday's Sale Price Bid A Asked Interest BONDS Range Sine* Sold Period Low High Bonds Range Since Sold Jan. 1 108% High NO. Low High Pittsburgh Cine Chicago A St Louis RR— General mortgage 6s series A 1*70 June-Dee 104 104'A 11 100'/a General mortgage 5s series B 1975 ApriZ-Oct 105 105'A 14 100 General mortgage Coke & Chem Pittsb 1711 1st 1975 series Je. 3 Vis mtge April-Ocf 85 1964—May-No® 85 18 107% 81 1 100 102'A 102'A Terminal RR Assn of 8t Louis— 89 Refund PittsDurgn Consolidation Coai— 3%s debentures 1965 First mortgage 4Vis series mortgage 4Vis series B mortgage 4%s C 1960 series First Co Potomac First 5Vis Elec ncome Power mortgage 3s Service 100% 102% and 92 96'A 93% 5 93 96 V* 93 % 93 % 1 90'A 96 >A 108 128 1 103'A 105 104% 1047/8 39 104 106'/a and Texas refund M 3y4S series B 1970.ApriZ-Oct and refund M 3%s series C 1990_ApriZ-Oct & Pacific General ~2 Jan-July Feb-Aup 101 104% 104% 101 first and RR of 101 '/a 101 99»/e 15 96 Va 133'/2 133 '/2 8 128 »/2 133'/a 101% 103% 41 100 106 102% 103% 99 98 J/2 103'4 June-Dec *102'/a — 99% 101'A 108'A 1 64% 62 65 186 52 69 Ve 26'/a 24'/a 27 'A 202 21% 32% Q9 Q7 Tri-Contlnental 27/«s Corp debs 1961 * Mar-Sept 96 '/2 __ 100'/. lOl'/a 108% 100'/a 101 no y2 110 104% — Jan-July 105 May-Not U 99 ~2 103% 104 13 103 'A 105'A First mortgage and coll trust 105'A 106 if a r-Sept 2 105'/a 109% 3s 150 152 Union Oil 221 225 Union Pacific 105% 106% 2%s 103'A 105'A Refunding mortgage 2y2s series O 99 99 100 Union Electric Co of 10358 *150 -4- — 1972—Map-Nov *_. mortgage 27/ss 1979_June-Dec — «... *104 106 —— debentures of U Q debentures .964. *101 .Jan-JaZy 102 101 ~ 102% 1971— .Map-Nov 2%s 1975--April-Oct 109'4 109'A 100% 1031/a .Map-Nov California *— 104'4 103% 234s debs 105 y8 1970—.June-Dec 102 102 102 103'/a 103 103 101'/a 105 *101% — RR— 1976 ol —Feb-Aug 1976 -April-Oct 101% *97 102% 97% 195W— -Mar-Sept 96% 99 *99'4 100 98'A 99% *91'/4 .April-Oct debentures 3%s 97'A 103'/a 101% 101 ♦— 93% 101 11 101 .Map-No* 1967 Pictures 1 6 96'/B 95 96 ..Jan-July 1970 debentures debentures 1991 _Mar-Sept 234s 1966 America Corp 234s Rubber 2%s S 2%s Universal 3%s Missouri 1968 debentures United Gas 2%s 1974 first refunding 4s 1960 AAdJustment income 5s Jan 1960 Co— refunding mortgage 3s Oats 3%a tThird Ave Ry United Biscuit Co Quaker 97 J/2 Pacific— Orleans New 126 'A, 126'/2 *98% 101 June-Dec 1985-Jan-JuJp gold 5s 2000 refund M 37/sS ser E Texas Pacific-Missouri 111 % 126'/2 April-Oct Tol A Ohio Cent ref and lmpt 3%s I960—June-Dec ... Jan-July A Gas and refunding 2 — May-Not First and refunding mortgage 3'As 1968_Jan-July First and refunding mortgage 5s 2037__Jan-JuZy First and refunding mortgage 8s 2037__June-Dec First 93 93 % 93 Ve 1963 First 119% 103% 103% Map-Nov First June-Dec 1964. 1st mtge 3'As 1977 Electric 1 Aprll-Ocf First 93 Feb-Aug 1977 debentures J an-July 2%s series D 1985 Term 1983 ss debentures 1 June-Dec First mortgage 2Vis 1984 Providence Terminal 4s 1956 Public 101% 101% Ry— 1974 general 4%s series D Plttston 103 ApriZ-Oct Youngstown & Ashtabula First general 6s series B 1962 general 5s series C 102'A April-Oct Pittsburgh First 12 June-Dec 1959 First 102% 102% April-Oct 1958 A First M 4s series C 2019 and lmpt Texas Corp 3s debentures 1965 Texas A New Orleans RR— Jan-July Pittsburgh Steel 1st mortgage 4y«s 1958 Pittsburgh & West Virginia Ry— and lmpt Refund 102% 89 92 — R Reynolds (R J) Rochester Tobacco 3s debs 1995. -May-Soy 1973 92 »/4 April-Oci 92 92% 104 26 104 84% A Electric Corp— mortgage 4%s series D 1977—Mar-Sept mortgage 33/4S series H 1967—Mar-Sepf General mortgage 3%s series I 1967—Mar-Sepf General mortgage SVis Series J 1969 Mar-Sept t A Rut-Canadian 4s stamped 1949 Jan-JuZy •120V8 106% 106% 105'/a Consol 105% RR 4Vis stamped 1941 — — •106'/a 107'A *8 Jan-July 9 107% 9% — — 9% ' 7 ' 19 7% 10'A A Second Mar-Sepf gold 5s 1996—Jan-July St gold 6s 1996 mortgage 4s series A 1997 mtge inc 4%s series St Louis-Southwestern Ry— Jan First 4s bond certificates 1989 Second 4s lnc bond certificates Nov Paul St Paul Scioto & Duluth Union V 8ea board Air first Depot & New cons 3%s gold 4s B Line RR debentures Union & Ala RR 2%s 101 5s 1963 Indiana 75'A 104 66 85 Ve June-Dec 98'A *102% 98 '/a 104 3 103% 104% 126 'A 127% 98% — 87 'A 75'/a 6 98'A 4y2s (Oregon Lines) 4 y2s 1969 3s 4 'As convertible San debentures Fran Term 8outhem 1977 A — -.*» — 36 Pacific 1st 1960 mtge 3%s RR ; 99% 53 '/a 1 101 103'A 98 99% 1 123'A 1986 15 14 101'A 100 F 1996 2%s 10 80% 15 104% 107'A 100% 102 103'A ' G 1961 series consol gold 5s 1994 and general 6y2s series A St Div Louis Div Southwestern 3y8s first first Bell gold gold 4s Tel debentures 5s 105 74 First Wilson 83 2%s 1951 debs 94 96 221 87'A 97 107% 112 1,426 100'A 112 100 VA 103'A Wisconsin Wisconsin 109 J/4 *100 J/4 __ 5 A First 95% 106 J/4 Oil Corp 27/®s debentures 2%s debentures 1972 debentures 1973 87% 95% 18 83 93 111 90 105 105 106% 105% 105 106'/a 104 % 106% 105% 107'/a 105% 105% 2 , 64 Va 63 65 81 59'/a 62 158 52 104% 101% 104% •6 103% 2 101% 103 31 104'/2 104% 99% 102 *■ 103 103 1956 lOO'/a 95'4 100% 100% 94% *101 J/4 105 115'A 101% 104 y. 102 107 102 Va 104 266 108% 101% 1 102 % 102'/2 ♦103% — 3 102'/a 102 *113 Jan-JuZy mortgage 75 Va 74% 76 27/«s 1979 3'As 115% 44 48 J/2 216 46% 46'a 2 June-Dec *99'4 99% Mar-Sept Jan-July *106'A 78% 69 136 48'/2 1976 103'/. 102 113 114 t 77'A 73 deposit 2%s 97% 102% 101 '/a — Jan-JuZy 1936—Map-Nov 4s 1949 deposit of Power 105'A 85 86 96 ♦100 107 Mar-Sepf Mar-Sepf Jan-July April-Oct Jan-JuZy 1960 first 4s of 62.- 5 103 y2 103 Mar-Sepf Jan-JuZy 1973 A Du div and term first 4s Electric 65 56 61% 40 48 'A 40% 46'A 99 100 Va 35 102 106 106'A 106% 32 104 100 Service 1971 106 — 107'A 109 1 Public 96 108 104 delivery sale not Included In the year's year's range, n Under-the-rule sale not year's range, y Ex-coupon. 100'A 100% 103'A Included 106% 59'A 107 not the Bankruptcy Act, or securities assumed by such 59 'A 5 a JCompanies reported as being in bankruptcy, 103 'A 96% 98% 101% 101% 28 101V2 103% 100'/a 100'A *102% 103% 5 *100'A 101'A „ — 105 •Friday's bid and asked prices; no sales being A 102'A 99% the in {Negotiability Impaired by maturity. 60 40 7 55 Jan-JuZy range. d-Ex-lnterest. e Odd-lot sale not Included in the year's range, r Cash sale included in the 102 97 'A 97 Deferred 2 100% 99% 98 Electric Light A Power 2%s 1976_Jan-JuZy Yonkers 29 102'/4 Jan-July May-No® Swift & Co 101 103 120% 143 94 101% 101 % 101 100% 105 June-Dec Mar-Sept mortgage 3s general 54 50 16 96% 49 95% 114% 117'A 103'A 103'/« Jan-July 53 J/2 79% 91 90% *106 1971—Map-Nov 1966 7 88'A 100'A 100'A 10 2 '4 May-Soy (N J) debentures 2%s 23/4S debentures 1974 92'A 94% 104 Aprll-Ocf 52 J/2 *101 *101 A May 2014— Jan A debentures B ACertificates 104'A 105'A 117',4 S A Certificates |A8u 87'A 91% ASpokane Internat first gold 4'/2s 2013 April Standard Oil of California 23/4S debs 1966—Feb-Aup 2 Vis 102 '/a 103% *93% 87% Jan-July 1985 87'A ^Wisconsin Central Ry— 98% . first Co 92 Jan-July 1983 Standard Oil Sunray A Winston-Salem 97 J/a April-Oct ApriZ-Oct 1956 1996 1 81 101 'A Co— 1970 mortgage 3 Via series D 1967 136 Jan-July and general 4s series A 1956 Devel and general 6s series A 1956 Memphis * income Steel 3Vis series C Wheeling 320 ApriZ-Oct Devel 91 Jan-July 1968 1971 convertible 98% Jan-July Devel 102 4Vis debentures 2.65s 95 Jan-July series 91 May-Not I Wheeling & Lake Erie RR 234s A 1992 96'A Jan-July series 2Y*a 97% guaranteed 2361— Pacific First E 2%s 73 78 *105 1974 series 3'As 4s Union Telegraph 124 Co— 27/«s 2 3 91 registered 2361 98 ser A 1975_Jun«-Dee First 78 J/2 99 J/2 78 *105 25-year gold 5s 1951 30-year 5s 1960 Westlnghouse Electric Corp— 68% 3 40 104'A 104 % 102 Power 3 Vis Electric Penn Western — 98% 101 Apr-Oct First mortgage mortgage First mortgage Southern Ry first * 101 104 ya 73% 78 '/2 99'/2 J an-July 1979__Map-Nov 1967 guaranteed Western 98 105'A 105% —Mar-Sept Map-Nov Map-Nov 1981 1 78 J/2 99 J/2 Jan-July Jan-July Western Maryland first mortgage 4b 1952_Aprll-Oct Gen mtge 4'/is-4s series A 1969 Apr-Ocf Southern Pacific Co— Gold Penn 4s 90% 98'A 98% 54 78% 3s West Shore first 87'A 123'A 123 »A Jan-July 3 Vis mortgage West 348 101 98 mortgage West — 54 98 Vi Feb-Aup First 92 94 y4 102% — ■ 101 101 Jan-July Gold ♦103% 1976—Map-Nov 3Vis debentures conv General 120 99% „ 104'A 104'A *126% May Co General 117% 6 ' 104 *102'A 104 V* Jan-July 1987 19 RR first ref gtd gold 3 Vis 2000—Feb-Aup Washington Terminal 2%s series A 1970—Feb-Aug Westchester Ltg 5s stamped gtd 1950 June-Dee 97'A 55 Aprll-Ocf Ry 2%s 1994 104 88 6 98 J/2 Warren 90 Telephone A Telegraph Co— debentures 89 J/2 96 Aprh mtge 4s income series A Jan 1981— Walworth 795 June-Dec gtd 104 89% 98 J/2 mtge income 4Vis series B Jan 1991 April First mortgage 3 '4s series B 1971 Feb-Aug 361 June-Dee debentures 1979 2%s debentures 1985 Southern 08% -- Gen Co— 3s 100 ♦103'4 104% ♦100 89'/2 Gen 75'A 1989—May-Not 1974 North 75 97'A Oil Bell 72 71 •118'A 119 % Aprll-Ocf Socony-Vacuum Oil 2Vis 1976 Southern 65 1 96 104 2Vis debentures 1971 ApriZ-Oct ASilesian-Amer Corp coll trust 7s 1941_Feb-Auo Skelly Oil 2%s debentures 1965 Jan-July South 6 72 70'A 1968-June-Dec mtge 4y2s series A Jan 2016 Seagram (Jos E.) Sc Sons 2y2s 1966 3s 72 72 104'A 97 May-No® 1989_Jan-July AGeneral Shell 102 71'A 2022—.May 1971 England 1st gtd 4s 1 *101 Jan-July A 102 70 72 1955_Jan-JnZy 1st ASecond St 102 Aprll-Ocf Louis Rocky Mt & P 5s stamped Louis-San Francisco Ry Co— St 103% 105% Wabash RR Co— 1971 St. Lawrence A Adirond'k 1st 101 105 21 101 Vs. 102 102 W S Saguenay Power 3s series 107 y2 mtge 3s series F 1978.. Mar-Sept First and refund mtge 27/8s ser G 1979. .June-Dec Virginia A Southwest first gtd 5s 2003 .Jan-JuZp First consolidated 5s 1958. 1, .April-Oct Virginian Ry 3s series B 1995 -Map-Nov First lien and ref mtge 3V4& ser C 1973 -April-Ocf 8V4 107% 105 — & First and refund — 104% *106% sinking fund series Electric Virginia — General *104% 106% consol gtd 4s series A 1955. .Feb-Aug B 1957 .May-Nov Power Co— First and refund mtge 234s ser E 1973_ Mar-Sept 951/4 104 5 Gas General t§ARutland RR Vandalla Reading Co first Ac ref 8%s series D \ 101 VA 102 102 % 104% Bonds UThese here is a selling issues receivership, or reorganized under Section 77 of companies. transacted during current week. flat. were combination ■ previously of all listed sales on on both the Curb Exchange. Exchanges. The . , 1950 year s _ shown range . NEW YORK CURB EXCHANGE WEEKLY AND RECORD YEARLY In the following extended list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning ending the current Friday, July 28. It is compiled from the reports of the Curb Exchange itself, and is intended to include every stock or bond, in which any dealings have occurred during the current year. and RANGE Friday STOCKS New York Curb Vending Corp ACF-Brlll Muiora 1 8hares Low 7% ...10 Adam Hat Stores Inc 1 JULY Aero Supply Manufacturing Ainsworth Air Manufacturing Associates Inc Low 7% 8% 7,500 1% 700 3% 24 3% 23 3% 1 (N J) For footnotes see page 3% 800 24 100 4 900 3'A Range for Week of Prices Shares 7% July 1 July 3 Jan 21 Jan 3% July 11 May Air-Way Electric Appliance 2 May Airfleets 4% Apr 24% May 5% Jan 4,800 1% Jan 10'A 9% 8% 11'A 9% 700 1,400 10'A 7% July Jan 3'A Apr 14% May 9% July Low Par High Inc .—.— Alabama Great Southern Alabama Power 4.20% Airlines Alaska <fc Fisher preferred Inc common 3 1 9'A 1,200 4% 1,500 4% 90 90 20 4'A 4% 1,900 Altes (Mich) common Brewing Co Altofer Bros common 12 Apr 4'A July 4% July 80 Jan 92 Va May Jan 103'A July 5% Mar 4 Jan Apr 6'A Jun 3% July 4% Jun 17'A 17% 550 15% July 18% % 4% 600 4% July 6% Jan 7% Jun 1 5 1 Products Jan 5% 4% 1 Allied International Investing Corp 7% 99% 4% 50 1 High Low 9% 9 Range Since January 1 High 100 Allied 1—5 .—1 31 Sales Last Sale Price Friday • common. Week's STOCKS Alles Agnew Surpass Shoe Stores 28 New York Curb Exchange Range Since January 1 High 1% 1 Acme Wire Co common ENDED for Week warrants Acme Aluminum Alloys WEEK Sales Range of Prices Par ABC Week's Last Sale Price Exchange FOR Saturday, July 22 security, whether 4% 4 Ova Mar Feb NEW FOR WEEK ENDED JULY Sales Range for Week STOCKS Shares New York Curb Exchange Aluminum $3.75 Co of America cumulative Low Amer Industries Filter Air 100 Va 100 preferred 5% "% Cities Class Power <fe $2.50 Hard Rubber . Meter American Natural Potash 7> 2% Jan 37% Jun Gas 6% Co Chem 9% Jun common Investors Inc preference Apr 3% Feb 4% May 13% Jan 20% May Charts 2172 22 74 1,300 21 % July 34 347b 75 30% May 37% Mar 2772 2674 2772 275 26 27 Cherry-Burrell common—— Chesebrougb Manufacturing com— Chicago Rivet & Machine— Chicago & Southern Air Lines 31% 303/4 31% Thread 5% preferred— 1—5 5 Writing Paper common— American American Post Angerman Co Inc Anglo-Iranian 3% 500 4% Jan 5% July 6% Jan 7% 6 600 5% Jun 6% May Claude 7% Jan Apr 300 5% July 625 9 3% 3% 300 5% 1 111% 2% 7% Apr Colon Development Jan 113% Jun 5% 2,500 3% Jan 5 9% 1,000 9% 10% 9,300 10% 10% 300 9 8 % 10% 11 1 Coast ..50 55 1 16 Co 9 300 12% July 14% Jun 37 Products Inc 7% Jun 11% 11 900 9% Jan 13% May (B F) & Sons preferred I Jan Ayrshire Collieries Corp 5% July 125 56 27/a 41 % 2% Apr 375 70 3% 12% 17 17% 750 15 7b Mar July 6% Feb Class A 17% Jan Class B 5% 100 7 % 400 6% 11% 13 14 Jan Jan 8% 200 6% Jan 277/e 2974 2,600 4% 100 6 57b 6 3% 4 5772 672 12% 97b 500 3 Apr 6% Feb Apr 577/b 325 6% 500 600 13 9% 800 3% 1,400 1% 17% 4,400 33 33 172 600 100 — . Jan 6 74 Jan 8 May 11% July 18 May 11 Feb 9 7a July 2% Mar — « Babcock & Baldwin 7% Wilcox Co Banco Barcelona Barium 403/4 500 1172 200 Tr Lt Steel & Pwr (AS) Shoe Bellanca Aircraft Telephone 3 20 Apr 3672 Jun Jan 30 Jan Jan 43/4 Bickford's Inc 4 8 7b ft Va Jan 8% 974 1,400 8% July 11% Jan 674 6% 1,200 67* Jan 7% 500 10% 1574 11% 58 • 15 July 8,500 xl3 Jun x64% Jun 175 347* Jan 2 3/4 23/4 100 2% July 3% May 387a 303/b Apr 41% July 1% Apr _£1 41 7b 4172 23,200 —1 17b 1 17b 4,600 1 Crosley Motors Inc Crowley Milner A Co —6 374 3 3% 6,100 27* Mar 1 73/4 7 7b 73/4 800 6% 7 74 5,300 1074 10% *00 2 74 1,400 2 74 100 1272 2% common. Inc 125 — & Co 2 74 rea pitM* 10% "372 "3% 872 "33/4 9 7b 575 51 Jan 67 May 80 290 75% July 85 Jun 23 20 23 500 18% July 18% 1974 5,100 9% 6,900 • 1974 9 V2 8% • Co Mills Hill 2074 33 74 2574 26% 5"% Jan 20% Jan 5 2.50 Davenport Hosiery Mills—, Dejay Stores common Mfg class A common Dennlson 8% debenture Detroit Gasket A Manufacturing Detroit Apr Distillers Feb 32 Feb 34% Jun Dominion 26% 2,200 21% Apr 28% Jun Dominion Steel A 17a Mar ~3Vb 1 127s 3 7b 100 12% 13% 5,600 B 5% 10% 107b 2.50 common 5% 1 11% Apr 11 Apr 16% II % 53/4*" Sullivan Apr Jan 27% Jun 2 72 Jan 4% Jun July 14% Feb 6 Mar 11 1,900 5V4 Jan 2,200 8 3/4 Jun 15% 1674 800 11% 12 * * 2% 233A 103/4 15% July 13% May 197/s Mar 6% Jun 1,400 1174 Jan Burry Biscuit Corp 12%o Dobeckmun B Dominion Corp class A Bridge Co Ltd Ltd Textile Co Ltd common c.lgary & Edmonton California 1. unden Electric Fire 153/B 1.300 13% Mar 6 3/4 63/4 100 53'4 July ft 3/8 12,800 ft July % 3,800 July 574 Apr 3 Cfnada Bread Co 3 1 33/4 Ltd • 6% ~b\i 6 V2 5,500 1 Corp Power 7% 774 73/4 2,300 8 Ltd 50 32 7z July 7% 1,200 5 100 Harris American 107/( — * Canadian Canners Convertible Canadian 7% Ltd 9 — July Jun 5% July 7 7b July 5 Apr 53/4 Mar 7% Apr 97* Mar 20 7a July 24 30% July 253/4 July 333/4 Mar -- __ Capital Transit common.^. Co ..100 Carey Baxter & Kennedy Carolina common Power & Light $5 pfd Carr-Consolidated Biscuit Co Carreras Amer -- — — 16 Apr 150% Mar 3VB "2% "374 19,300 24% 2374 247. 650 35 33% 35 1,050 2% 17 Jan Jan 327a July Ltd— dep rets A ord 1 7% 7% 600 7 7b .2.50 Inc Co.— Co 9 3 7B 3 7B 100 2 3/4 Mar * 697a 72 175 11374 113 74 • 1 Jan x25% Jan 30 20 6% 400 5% July 10% 117b 1,300 10% July Feb 2% Co Hosiery class B common Test Corp 11% Jun Jan 2% Apr 20 7b July July 26 7a Jun 2074 21 1,500 10 10 200 12 12% 1,300 3% 6,200 38 74 x38% 50 10 1% 3% 3% Apr 1172 July 3% Jan 2% 25 23/4 4,400 2 7a 1272 May 2 Apr 14 7b Jan 572 May 16% 17 16 1,200 9 100 • 9 7b • 7a 40% Jun July 18% Jan 2072 May 25 2472 35 July 14 72 Feb 9372 Jun 30 Apr 80 375 69 28 8672 28% 100 2472 Mar 86% 8672 25 Jan 85 5% 3 78 3 1,100 • 11% 12 74 125 372 3% 900 Feb July Jan 9 7a 107a 78 1 • common Jan 146 Jan 10 1 (The) Durham Jan 14 74 Mar l3/4 21 £l dep rets ord reg Apr 8 72 9 74 274 -1 72 1,500 1 * Duval Bulphur St Potash Co 14 274 Eastern Gas A Fuel Assn common.. w common prior 1372 14 1,300 States 274 4,400 9872 Jun Feb 6% Apr 3% 13 Feb 3% July 23/e 11 14% Jan Jun 5 7* Apr Mar Apr Jan 17 700 100 69 74 65 % 6974 6172 59% 61V2 750 3 7b ~2Va _3 7b 500 72 72 65 667a 72 series A_ preferred series B. Eastern 8ugar Associates— $7 preferred $6 Jun 25% July 16 Apr July 150% Mar 43/4 25 Apr May 35 y8 July 9 Jan May 18 Jun 23 Feb 300 75 Jun 81 Mar Jan 133/g 797a 9% 1,100 157B 16% 49,900 10% 11% 300 16 % 6% 14 Equipment 1 % 6% 6 1% 47a 800 172 8,900 47a ft 13 8% 1472 July 107* July Feb 103 5% Jan Feb 12 174 Jun 13 Jun 19% Mar 1% Mar 100 4% July Jan x45 6 Jan Jan 11 50 13 Jun 16% 20 July ft Apr May 87b 38% July 18,100 Apr 2374 Mar 197* 108 75 39 % Corp Ltd Eureka Pipe Line common 2,800 1474 13 38% Esquire Inc 80 1067a 107 2 74 900 21% 9 74 Equity Corp common $3 convertible preferred Eureka 76 69% May 21 117a Feb Jan 6072 May 77 7a 107 75 3074 250 9% pfd July July 100 7972 Electric Bond A Share common 56 Jan 2172 Empire District Electric 1% Empire Millwork Corp 7372 Mar 4 „1 Electrographlc Corp common Jan 10 7b July Jun July 65 72 July of beneficial int.. __1 $5 pfd shares of beneficial lnt Easy Washing Machine class B 33i Jun 62 24 .25 Corp. 1% July 10 .100 — Common shares 1% .10 1. preferred preferred Emsco Derrick A 1 City Products & — „100 Capital Carman __ Ltd— Canadian Marconi Carnation 20 preferred Industries Jun 2 Jan common— preferred 772 Apr 2672 • Canada Cement Co Ltd common— 6 % % preference Jan Apr 135 10 Co Duraloy Duro 36 V2 672 Jan 374 3 common—50o Insurance 32% Dunlop Rubber Co Ltd— Eastern Products Feb 6% * Duke Power Co 6% Sugar Estate 15% 2672 • Coal class B Draper Corp 4%% Electric Apr July 16% May 143/4 ~6% 3% Jun 6% 11 1% 1 Eastern Malleable Iron Lalamba 13 9 50 ord reg 4s Co common Domestic Finance New ruble Jun 150 13% May ft 1 rets Apr Apr 26% July Feb 572 2.50 Piston Jan Jan 18 74 Ltd— 30 . * common Ring Co Corp Amer dep Co class American dep rets 3374 * A junior preferred—10 class Ravnolds & Driver class 3% 10% 7 10c 35 50c 10 1 Products 8tee] Devoe 22% Mar 10s reg 3% 68 32% 1 1 Detroit Gray Iron Foundry Jan 9% July Inc Day Mines Jan Jan Mar 1172 — 5 Dayton Rubber Co class A 17 7% Mar Jan July May D 200 £1 July 27i 572 Mar 2.50 25% 8 17,000 1% 50 Jun 8 Va 12 107b Inc common. Curtis Manufacturing Co (Mo) Curtis Lighting 23% Mar 50 26% Apr Jun U% Cuban Tobacco common Dominion Tar A Chemical Co Line & 2074 Jun 16 % £1 Distillers Ltd Pipe 24 * Power cumulative Bruck 24 • common 23% Mar 4% —1 . Co Jan 9% Ltd— Brown Rubber Co L) 4% Mar 60% — (E , Jan 7772 Co dep rets oid Forman 13% Tobacco— Columbia Bruce 7% Mar Jan 11% July Feb 9% July 3% July 7,100 1,400 16% 29 Oil Celanese B 7% 1,100 n 267a ..5 common 53 25 .10 - Atlantic Sugar Cuban 170 50 53/e 10 334 July 872 Feb Apr 58 Lignt <se Power American Burma Jan 2 2 _25c Jun 115 Jan 79 dep rets ord bearer Amer dep rets ord reg Burd 52 partic— common Crystal Oil Refining common Jan 5 7* July 8% 58 Amer Bunker 3 36% 33% Mar 7 Apr 10 87 * British-American Buckeye 300 Co Drug 7 Jan Feb • Class A, 4% 500 772 May 12% Jun % Mar 1 2,500 3 35% 7% 1 Traction Manufacturing Co Brown 6 Feb preferred.100 common cumulative Corp common: Bridgeport Gas Light Amer 11% 400 Apr 8% July 17% Jun 15 • common Breeze Class 5% Jan 6 % Mar — 1 Inc Brazilian British 23/4 1272 353/8 "772 1 1 common (S) prior British 12 72 87 common (H C) Co British Crown Cork Intemat'l "A" Crown 5% July Borne, Scrymser Co Brlllo 2,600 common Canada Jun 5% Mar —5 (Md) Feb 17% Mar Jan 572 —5 Crown Cent Petroleum 1072 Apr 1074 Apr 5672 .50 Davlason-Brothers Inc common Blumenthal Bourjois ~3% 18,800 12% common Ridge Corp 5%% V2 "4% 874 8 Birdsboro Steel Fdry & Mach Co com.* Blauner's common 3 Bohack 13% 9% Jan common common Co Hedges 40% July JUn May 74 July 2 3/4 •*»- Corp of Watch Benson & Blue 32% Jun • Ltd Corp (L) & Co Beau-Brummel Ties Beck 62 July 4% Jan Refractories Inc Benrus 39 <• 52 shares Baumann Bell 4033 .30 Rubber Co common los Andes— de American Basic 1 61 11% preferred Baldwin 4,300 56 3% May Mar 1 Croft Brewing Co 58 . Jun July 133A Jan Creole Petroleum Locomotive— 5 72 92 900 11% —1 (ord reg). Feb 1434 "% % 15 common July 77b — J 5974 May 39j/4 7% • * l5c dep receipts Jan 31 534 16 72 3 A Reynolds common American Apr Apr 83/4 Mar Jan 74 Courtauids Ltd— B 6 Va 7% 3% July 787* Mar 17% — Petroleum 15% July 18% Jun 4 3 convertible preferred 5% May 18% Jun 6 5% July 5,700 preferred class A Cosden 80 7,600 92 Corroon Feb May 2,100 7b 89 74 9% 13% Feb Apr 1% Jan 917b 674 $1 8% Apr 10% July Coro Inc Jan Feb 10 8 2,600 Cornucopia Gold Mines Jan 22% May 15 1174 Jan 9 Apr Jan 72 July 4 11 Feb 22 25 11 6% Jun 10% 1,100 July July 5% 500 27* 1% 8 "57/. 8% 4% July 7% July 325 4,100 61,400 6% non-voting 16 47b 572 9% voting Jun Jan 37/B 12% )Distillery Ltd— Jan 4 14 6% 55 Corby (H) 44 6,400 3,600 15 4% Paint A Varnish Co. 4% 15 13 common 100 1 Cook 16% 55 July July 1,200 —10 Jan Jan 63 72 23,900 1672 15% 5772 Mining A Smelting Ltd .5 .20 Consolidated Royalty 011—.., _1 Continental Car-Na-Var Corp —1 Continental Foundry A Machine Co. May H Jan 2,900 7 Apr 4 —25 Jun % Mar it Consolidated Liquidating Corp.. 7% 16 6% July 2,300 5% Consolidated Gas Utilities 4% 6% 5 2,400 1% 74% 29% Compo Shoe MHrhineryVtc ext to 1956 5% 25 8 57/B Public Service 15% ~7% • common— 100 4,500 52% 1 Automatic Voting Machine 6% July Jun July % 2% 4% Corp warrants Plywood Corp Steel 116% Mar 800 5% 55% ~2% 1,700 8% 1 Commodore Hotel Inc Community Jan 17% 8% 734 13 72 Mar Manufacturing Co Colt's Jan Jan - 14 % • III Jun 25 19% 4% —1 12% July 5% % Fisheries 663/4 360 66 47a Colonial Sand A Stone Co 11 Feb Industries— £1 60 7h Mar 574 Consolidated Line Atlantic Automatic 87/a ' .2.50 dep rets reg Laundries of AmericaTel & Tel class A Coast 12% Jan July 35 1372 —50 American Associated 6% May 8% July 10% 110 13% pfd Aro Equipment Corp Aspinook (The) Corp Apr Jun Jan ' Colonial Airlines— 10% Armstrong Rubber Co class A 10 12% July 167B 17 ordinary.. July 109% 9% 6 1574 Cockshutt Plow Co common 5 120 9% conv 3% Mar Feb 800 Jun Jan 6% July 97* Mar 6974 — 1 4 5% 43/a 38 72 Jan 200 1 1 Inc common 111% 112% 5% 10 July Feb Jun 3% lbV2 1 Manufacturing Co Feb 200 Club Aluminum Products Co 5% 9% Apr 7% 73% Clayton A Lambert Manufacturing —20 Clinchfleld Coal Corp common 14% 5% Feb 8 7. A —10 100 Neon 2172 Feb 6% 1 —10 City A Suburban Homes Clark Controller .Co July 19% —5 1,600 Apr 9 _972 64 66 1 City Auto Stamping Mar 2172 7% 7 Power <fc Light $7 pfd— Atlantic Feb Mar 173 July 8% 4 4% 9 9% —£1 reg Common class A non-voting— 6% preferred Electric 13 133 July July 8 67b .-10 Chief Clarostat 1 Manufacturing Co Appalachian Elec Pwr 47a% pfd— -100 1 Argus Inc Arkansas Natural Gas common— Associated Jun 106 Feb 110 _9% —5 8 Voting trust certificates Consolidated Mining-Cities Service common 22 372 —10 6 6 Apex-Elec Associated 8% May Jan % 11,400 Feb Ltd— Co Angostura-Wupperman Arkansas 37% May July 13,800 .2.50 America of common 6% 1 common.. Oil dep rets ord 31 27 Va Carp 9 74 6% 5% 5% 4% — 2 Products ft 111 106 25% July 1,400 400 72 % 109 31 2,000 7 6% 7 2 Seal-Kap common Superpower Corp common— _10c • preferred series Feb 25% July Co Chamberlin 98 y2 May 35% i Aircraft Co common Cessna 1,200 2 14% Jan 0 —10 Convertible 5,400 American Jan 2 11 Century Feb Jun 10 3/4 87a May Jan 7 10% 17,400 -"-10 Republics 867* —10 Century Electric .Co July Jan 780 -100 41% Mar 34 8172 200 127 preferred opt dlv series— 21% July - J an 120 126 11 4% • 7 74 1,650 9% 16% pfd. -25 class A. Jan 11 10% 22 & 47a 10 pfd opt div series 1920—— Conv 18'/# 9% .100 14% 400 Jan 4,500 94 100 I preferred Conv 15% Class E American 6% 9% Mar 43/8 Co American Avery Apr Apr 1572 2674 83 9% pfd—- 1O0 Elec 6% preferred. .100 167b 4 Jun 21% July 10 67b 83 1 Products Jan 1574 Jun 5-^a Central Power & Light 4% 10% 1572 common. 6 7* 37/b Mar 1,000 25 5% 5% .100 preferred Central Ohio Steel 27 American Atlas 1 1 . Products 2374 High Jan 2,800 Power Co— 18 % 37 125 Low 5% 4% 25 Corp of America 3.50% Range Since January 1 High 572 & Co Jan July July 32 Low 5% 2 Manufacturing Co com— .-25 Shares common— Central Maine 1A 550 14 213/4 Metal Atlas Jan 1% Mondoy, July 31, 1950 for Week common 1,000 127b 217b Maracaibo Co 43/* % 250 213/4 American Amer 3,200 383/b 37 —1 .-21 American Anchor 1% 32 ..20 Co Machine American $6 Mi Mar 85 July Products Casco Cataiin 1% July Jan Mar Co Castle 8V4 15 7% July 1% Jun 2,500 323/4 13/4 1% ...1 preferred Laundry ft tl 76 100 87a 7% 87b General Corp common—. .100 convertible 700 W) (J Feb 25% Mar Carter (Central States $2 convertible preferred American 6 56,300 174 81 80 — -.1 American 101% Mar Jan May Light— B American 1% % 1 100 Book Co_. American 96 V2 24 350 62% July Jan 12% July __i Beverage common American 350 ZU pfd conv 7% 7% 77a common 517a 10,500 . Sales Range oi Prices Par High Low 200 24 24 (American Bantam Car Co class A_. —i American 62% 1007a 100% • Range Since January 1 High 59 Va 62 common Aluminum Goods Manufacturing.. Aluminum el Prices gale Price Par Week's Last Sale Price Friday Week's Last New York Curb Exchange . 28 Friday STOCKS . EXCHANGE CURB YORK RANGE Amer Financial Chronicle The Commercial and (404) Apr Feb 3% Mar Jan 84% Jun Apr 11472 Jan 2% July 3% Jan 63 112% Falrchlld Camera A Instrument Fairchlld Fansteel Engine A Airplane Metallurgical 1 2272 2174 22% 2,400 .1 7 7a 77b 7% 31,300 47/s Jan 14,800 107b Jan 15% 15% 167b 29% Mar 7% May 16 Va Apr Number 4929 Volume 172 The Commercial and Financial Chronicle .. . NEW (405) RANGE Friday Exchange Range r irbt Ford (M Low Motor American 54Tb 10c preferred—1 Friday 2% Low 56 220 55 1,500 2% 27/a 29»/4 291/4 25 28 9V2 91/2 100 76 Apr July 33% Apr 9 3 V2 31/2 2% Class B 373A 40% 10,300 391/4 39»/4 25 J/8 401/4 • * non-voting voting 10,300 11 3% July May 5% Shares Range Since January High Low 1 High Jan Jan 5 common Preference Kokenge Co 5,700 3 Ye Jun 57a Jan ll7/a ll7/a 2,900 674 Jan 27a 2 27a 1,000 172 July 1274 May 3% Jan • (N J) 47/a 1 1 Jefferson Lake Sulphur Co 40% July 3972 July 4 1 Jeanette Glass Co common Julian & Jan 22% Sales for Week 3% Jun Jun 21 Low Par Jim Brown Stores 700 £1 deposit rets ord reg A Range of Prices Jan Ford Motor of Canada— Class Bale Prlee High July Ltd— Co Week's Last New York Curb Exchange Range Sine* January 1 High 547/B 1 Co Inc (new) H) JOLT 28 STOCKS Shares 10 xorx Corp common dividend cumulative $2 Fishman EXCHANGE WEEK ENDED for Week of Prices Par (Phila) Fire Association FOR Sales Week's Last Sale Price STOCKS New Fork Curb CURB YORK 27/a 2% 27/e 200 107a 2V4 July 177s • Jan 33/4 Jan 2274 May Ford Motor of France— % Sl« 121/2 3,400 % July 11% Jan 77s receipts bearer Fort Pitt Brewing Co 1 Fox (Peter) Brewing 1-28 Franklin Simon Se Co Inc common—-1 71/2 7% 1,500 7% July American deposit Fuller (Geo Co A) Gatlneau Power Co Feb Jan 874 Jun 14% 10% 103A 300 14% 4,300 91 1 13% 91% 20 10 Jan 14 13% July 89% Jun 400 87a 7% ' Feb 34 4% Mar May 167a 93% Jan Jan Jan Feb 9 1,200 47a _• 27a 174 274 2,200 1% Mar '.111 Acceptance convertible Jan July 674 May 2% Apr 2% 2% 27/a 1,400 2% July 2274 Jun 47i May 23% Mar ... — _ 574 Corp General Alloys Co. 5% 10% .100 preferred Gellman Mfg CO common H Jan 18 117s 29% • common. 5% General 7% 50 5 preferred convertible 4%% 12 25 preferred. — *5": 57, — — • __ General Electric Co Ltd— Amer £1 dep rets ord reg. General Finance Corp common 5% preferred series A General Fireproofing General Outdoor 6% 1 10 common. pfd 7% .100 Adv 6% 101 % 60 3% 2,100 112% 112% 25 3% $6 ~3 ~33/b 3% Giant Yeilowknlfe Gold Mines 1 5% 5% 57/a • 14% 14% 14% 100 common Glen Jun 8% Jun 2% 100 4% Jan Feb lo7/a 1-*% .' Feb 3 Mar 1,800 7,300 13'/a 12% 50 12% 137/a 700 Hotels Corp Kobacker Stores 1 33%• Kropp (The) Forge Co 4% 57* Mar 8 Jan 22% 13 Jun 15 Jan May Apr Jun 127s 1774 Apr Jan li III Lakey Foundry Se Machine. Lamson Corp of Delaware Lanston Monotype Machine La Salle Extension University— 12% 3,400 100 100 10% 10% 600 9 10 7a 874 9 "2% 27a 1074 Jun 13% July Le Tourneau 11 Jan 20% May Lionel • 80 783/4 80 • i7« 1 Goddman Manufacturing Co % 45 Jan Mar 31 July 74 Jan 2.300 7s 45 50 Gotham Inc class A 80 17s Jan 41% Jan 25 * , $4.50 prior preferred Gold field Consolidated Mines • 5 Manufacturing common 4 Graham-Paige Motors 5% conv pfd__25 Grand Rapids Varnish... 1 Gray Manufacturing Co 5 26 Gorham 1% 12 807s July Jun s/a Feb Jan X47% Mar 100 600 9 7% 900 9% 8% 500 13% * 500 6% July 87a July 300 112% July 14674 Mar 137 4V« Apr 6 Jan 22% July 33 May Jan 16% Mar 87/s Apr 12% Jan Great Atlantic Se Pacific Tea— Non-voting common stock 7% 1st preferred Gt Lakes Oil Great Chemical Se Northern • 100 124 133% 40 129 May 1 % 2,000 1 Apr 1% 1 Paper Grocery Stores Products 1% 25 Co Grlesedieck Western Brewery 40% 40 41 1,300 23 23 24 500 2 25c 100 109% 109% 10 ' common Gulf States Utilities $4.40 pfd Gypsum Lime Se 121 133 123% xl43A x14% 50 Alabastine 387s July 9 31% 1074 Jan 108 Feb Jun 112 Corp * * 5 10 Loblaw Groceterias class A Class B Locke Steel Chain— Lone Star Gas Co (Texas) Co Longines-Wittnauer Watch Long Island Lighting CO— of certificates Common New common 1 Hamilton Bridge 1. w preferred A ctfs Of deposit 100 6% preferred B ctfs of deposlt_—100 Louisiana Land Se Exploration 1 Louisiana Se Light $6 Power pfd * Lynch Corp 1 974 974 II5 18% 1374 18 s/a 200 25 457a 457a 4672 2,120 -1 274 2 9 s/8 Hartford Rayon common Harvard Brewing xl43/4 July 177s Jun • Corp 4% 25s ■ __ • 147a 2 preferred 700 17s Jan 2% May 700 9% Jun 11% Mar 207/a 2,300 774 1700 — 1 10 Hoe (R) & Co Class A 10 HoDlnger Consolidated G M Holly Stores Inc Holophkne Co common. • Hormel (Geo A) —-f Baking Co Horn <fc Hardart 77a 23/4 • Se Co Horn Se Hardart common 4474 • __ • 3174 100 22% Mac'kintosh-Hemphill Co 8 17% May 1,300 250 13 800 11% July 10% July 1074 10% 98 98 10 Jan 967s 127s 147s 102 Jan Jun 97a 9% 100 47a 400 3% 772 50 674 July x7% Mar 44% Mar 8,800 2,400 100 103/4 100 4474 125 53 97s Jan 3% 7% July 2% July 30% July Jan 377s May 1374 Jan July 97« May 42% May Feb 48 40 161 31 Jun 12% May 6% May 7% 31 4372 160 Jun Jan 27/e 27a Jan 550 67/a 49 30% Jan Mar 777s 8% Mar 477a 31% — 158 May 167 Feb 425 31 July 34 Jan — Maine 10 Co.. Public Service 15% May 674 67« 67a 6% 5; Mar 12% Jan 874 Jan 167a 17% 106% Hussman 5 . 20% 700 8872 967a 8,500 3% 33/s 37a 52 1 preferred— 1 Jun 111% 3 1574 52 27a 225 37a 1374 Illinois Zinc Co common • 1774 X1372 Imperial Chemical Industries— American dep receipts registered- _£1 ' 17% 12% x 13 % 1174 900 107a Jun 16 17% 2,400 15 s/a Jan 10% 10% 200 27 27 3% 187a Jan 3% Preferred Mead Johnson Se Co. Menasco 1 Mfg Co Metal International Industries A International Petroleum coupon «hs_ 672% 100 A preferred 1 Mesabl Iron Co— Metal Textile Corp common 25c —15 Participating preferred Michigan Bumper Corp Micmgan Steel Tube Michigan Sugar Co common 6% preferred Micromatic Hone Corp Middle States Petroleum common Products 1 International Safety Razor B__ lew a Public Iowa 3.90% Iron Royalty. Service Air $2 non-cumulative dividend shares—* Midvale Co Mid-West Italian Superpower For footnotes v t c Corp see page 31. Mar 9272 July 267s Jan 131 Mar 19,300 20 1107a May 111 1374 105 12 700 1874 Jun 14 7% Mar 10 103%* 300 117a 12 300 13 7o 27 1372 600 27 37% 37V2 100 __ July 347a May 1137a Mar 147a Apr Oil Midwest Co 4%% July 347a May 1472 Jan Mar 31 3872 Mar 2 272 Jan 8% May 67a Feb 200 1874 Jan 25 May 28 28 75 2772 Apr 31 Jan 12 12% 1,000 1,400 274 3% 10,100 8 8 7% 274 77/a 674 Mar 1174 July 1% Jan 1 ~67e ~7 57a __ 1074 May 17 Feb 374 May "7% 57/a 13,800 100 6% Jan 87a 8 300 7% Apr Feb 97a May 1% 2,500 8C0 Feb 77a Feb 1074 July 87a Feb 1174 May 31g 4,400 — 25 25 17 3/4 4 21 2172 24 24 2% 274 5% 2% 6 100 2,400 100 1074 103 Apr Mountain States Power common— Apr Mountain Apr Mt 117s 11 1174 Apr 13 Feb Muskegon Piston Ring common Apr Muskogee Co common Jan 103% Jun Muter -10 50c 117 Apr 1774 July Jan 300 20 Jan 250 2274 July 287a May 1,800 800 3% 1% 5 12,400 25 9 Feb 27s Apr July 6 5/a Jan Apr Jun 327a 117a Jan Feb 1007a July 105 Mar Feb 43 Jun 300 9% 97/a 8,800 6 Ye Mar 97/a July 274 1,600 1% July 374 34 97 Apr 10174 July 10172 Jun — "274 "274 105 Apr Jan 10772 Jan 10172 Jun 374 May 185 May 1,200 27s Jan 18074 180% 40 1767a Jan 1,300 337a July 4% July 38 4 s/a 137a Mar 1572 May 357/a Mar ~47s 4% 15% 15 15% 1,500 2974 287a 307a 950 .2.50 11% 26 12 2 Murray Ohio Mfg Co Jan Feb 23 72 July 474 May 23 May 4 474 2\i Mar 107a Mar 3374 38 ...1 27% Jan 29% "9% 103 May May — .100 2774 9 7 1,900 4,500 4 18074 Jun l7/a July 874 1674 103 5574 Mar 10% .100 • 1 July 1074 274 25 cumulative preferred 1 4.80% cumulative pfd series B_ 4.50% preferred series C Monroe Loan Society com class A Montgomery Ward Se Co class A— Moody Investors participation pfdMorris Plan Corp of America —10 49 9 2% Producers Mar 300 10 Va "9% .10c 8 30 7 ' ,_1 • Jan Jun Jup 774 May 50 __ _1 .100 572 Apr 11074 8 874 Molybdenum Corp 4.40% 5 10 17s • Missouri Public Service common— Jan 77a 17a 107e pfd- .100 4% 67a 49 "7 50c 50 convertible preferred 100 1087a Mar * Mining Corp of Canada Power Se Light 5% July 1,300 Monogram Pictures common Monongahela Power Co— May 27 -11% May 157a Mar 7% Apr Jan Jan 117a July 1172 July 23% 67a 10 i— Midwest Piping Se Supply common Mid-West Refineries Minnesota 40 87a , 23 50c 37. July 28 July 63A Jan Feb Jun % 200 10174 10174 120 100 102 1,150 13 13 13 400 71 69 71 1.000 9% 98% 100 July 127/a July States 997a 100 common 84% May July Apr 8% 9% 9,300 7% 77a 8% 9 74 700 1174 400 % \i 2772 Apr 600 Jan 105/a July A - Jun 1074 May *10 7a May 127. May 7a Apr Jan 1% 1% 172 2,100 23% 22% 243/a 11,200 1% July 23 July Namms 87a — 7% Inc 160 9274 Jan 95 14% 300 1374 Feb 1672 7% 2,300 5% Jan — H May 8 Mar Jan 1 Hess common- Jun 97 Feb 24 Jan 3072 July 327a Jan 48 500 7Va Apr 100 127a Feb 1674 May 67a July 11% May 250 5,300 874 Apr Jan — Apr 400 37» Apr 5 May 33/a 7,900 July 24% July 32% July 4 Jan 13% 230 2574 26 32 Ye 3278 25 11% 5,400 — Mallinson Fabrics :— _Il Mfg Se Stores common— —1 2 National Pressure Cooker common. National Radiator Co National Rubber National Steel 17a National Transit Machinery Car Ltd common 1074 9 107a 9 97a 700 3 1074 7% Jan Apr 327a Feb 3674 Mar 1374 May 107a May Jan 107a 10% 10 7a 11 Jan 14 3,100 83A Jan 157a Jun 100 7% Jun 9% Jan 7% „10 • 7% 874 —4 —1 Jun 127a 474 3% "25 • 147a 100 4 "3 7a • Breweries common 7% May Jan 10574 60 1,050 National 95 — 157a 77a 13 7a —1 common preferred National 6% — 87a 157a 77a —10 Corp National Bellas National Feb 2 1474 • 30% 39 N Nachman 30% Mar 95 • 29 387a 2972 Mills _ "Company !ioo Tel Se Tel Verncn-Woodbury 167i May 68 2472 1174 ■ 7% com class A Feb 152 107s ' common. Abrasive 1874 Mar — : 13 2% 18 7. Mar 100 Manufacturing 225 30% 174 1474 Mar July 12 Apr Apr Co— Chute. 10272 2874 111 13% West Corp common, 8 Midland Oil Corp $1 conv preferred..' Midland Steel Products— Middle 400 • 0 d preferred Fireman Irving w 50 10% 1,000 __ —1 Illinois G & E com 74 July 1074 July 3,800 1074 National Fuel Gas Investors 3,800 96 1 29,900 • .10 . 9 74 Mar 7a 11% 307a 111 2.50 * 10 1 3% • Registered shares International 77a July 11474 — 8% * 287a May 1,500 'r Warrants 24% — .50 2174 Mar July 114 107a __ Jan Jan 2974 May 2774 May 22 6,000 8% 8 Apr Apr 22 7z July 2374 74 Hydro-Electric— $3.50 series.: 300 23 Se Scott Corp— Merrltt Chapman 247/a -10 Machinery Cigar 8% 26 7a — - 2274 22 • 3% — 117a • 23 2674 247a 12% 28 •• 227a _ _£1 North America 50 — 23 07a July 14% May 157a Feb 77a 12 Va Massey Harris common.. McKee (A G) & Co class B McWilliams Dredging 2274 • pfd—_ 100 Indianapolis Pwr Se Light 4% Mar Feb July 4,350 Jan Feb 10 3 7a • International 52 2 12 13 Jan 127s | £1 Co Ltd 2474 * Inernational 967s July 4% Jan 1,400 3,700 Jun IYa July Marine International Marlon Power Shovel. Mountain Imperial Oil (Canada) coupon Registered —5 Imperial Tobacco of Canada Imperial Tobacco of Great Britain & Ireland 15 87a 22% 67a 1,100 300 • Apr Mar 23 3% July 48% Jan 37s —la Food Products Insurance Co of Jan Mar 850 16 1374 100 18% 80 • Hydro-Electric Securities Hygrsde 1972 94 % • Refrigerator $2.25 pfd. Huyler's common 1st convertible 2074 • Manufacturing Co.I Hurd Lock Se Jan 167a July 400 7 1374 1 Miller Wohl Co common Hubbell (Harvey) Inc eommon Huinble Oil Se Refining Jan M Apr 87s Mar 117s 10% 147a 107, —15 preferred Jan 14% 6% 477a 274 July 674 July 10 Mar 4% — 5 Horder's Inc 16 Jan 70 — 1 Higble Mfg Co common 5% convertible preferred 1% 10% 100 w w 1074 166 w Henry Holt & Co common 5% 10,800 _ preferred w Jun 1% 674 * Heller Co common 19% May 53% 9% • Class A Feb 23A 19% 5 Helena Rubinstein common 5%% 2074 — Hearn Dept Stores common Hecla Mining Co Jun 9 147s 457a July 1 % 1 Hazeltine 6% May 127s Apr 4% Mar 9% 1 Co Hathaway Bakeries Inc 50 Jun Jan 27/a Jun Feb Coaiuiunicauon Co Ltd Hammermill Paper common Hartford Electric Light. 972 47« July * • deposit 7% Marconi 1,200 16 87a July 57a July Feb Apr H 572 147a Mar 1174 July 17a Jun 12 1174 Mapes Consolidated Mfg Co 57a Jan Jan Apr 1% May 44% Feb 21% July ., 5 lA 10 137a 100 1374 Mangel Stores common Manischewitz (The B) Co Hall Lamp Co May 2,100 6,100 Apr 5 7 9% 4% 26 26 Jan 57a Apr 22 1074 July 774 Jan 5 common Class B Feb 32 47a 17 Lit Brothers common 150 42 8 s/a »R G) Inc 1,300 44'/a Jun 13% July 1077a May 97a Apr 1,300 274 1072 1,400 183/a 437/a July 137a May 127a Jan 700 9 17 13% 44% 8it Jun Mar 87a 8 Lefcourt Realty common. 123/4 8,700 12 74 Mar 12% 9 Jun 21 4% 17% 3% Jan .... Lake Shore Mines Ltd 13% 3% 11% — 17% 3% 3,900 — L'Alglon Apparel Inc 1 1 Jan 3% 21 774 112 872 Laclede-Christy company 8 Gobel (Adolf) Inc common Godchaux Sugars class A July Jan 2% 27 13 —1 Kreuger Brewing Co Jan 7 1,560 3,506 9 374 19 -1 Feb 19 3% * 10 5 Globe Union Inc 107/a Mar 33 1 Knott July 1172 Jan 9 Ya July 600 2574 26 1 Co common Glenmore Distilleries class B Co 15 io (I B) Rubber Co Jan 109% July 10372 Klein (D Emil) 10 500 100 Kirkland Lake G M Co Ltd Kleinert 47a 36,600 157a Feb May 116% May 109% May July 25 Alden Coal Kimberly-Clark Corp— 4%% preferred Kings County Lighting commoz 4% cumulative preferred__ King Seeley Corp Kingston Products Klrby Petroleum 7% 110 1574 127a 15% —_8 _• -5 Kennedy's Inc__ Key Co common. Kldde (Walter) 3c Co 67a 110 110 _• 109 111 17 • Gladding McBean Se Co 87s 674 1 pfd—100 Corp Kansas Gas Se Electric 4%% 2474 May 107% Jan 3,700 Gilbert (AC) Gilchrist Co Apr 17% July 10074 Feb 107% 1 Gerity-Mich Corp 8 Apr 57< July 7% Mar 100 1,900 101 common Service 7% 19 V2 ~37a 50c preferred..' Georgia Power $6 preferred • $5 preferred t • General Public 5,800 18% 5 General Plywood Corp 6% 5% € Kaiser-Frazer Kawneer Co 834 18% 200 3 s/a 700 187, 3% 37a 50 6% Jan 1674 July 27a Jan 874 July 20 43/4 May Jun 29 30 The Commercial and Financial Chronicle (406) NEW YORK RANGE Week's Uange Sale Price Exchango Shares Low ^ Radio Union National 30£ ® --1 Neptune Meter common Nestle Le Mur Co common New England Tel 61 Tel Mew 10J -- Mexico Park New Process New York Co Mining Co 1 Land Arizona & New New 20 — New 10 10 Merchandise York Shipouliding Corp— shares Founders * 1 Power common common 9 Niagara 8hare Corp Nlles-Bement-Pond preferred__50 • North Central Texas Oil. 9 Northeast Airlines -1 North Penn RR Co --—-50 Northern Ind Pub Serv 4ft % pfd-_100 Utility Securities American Northrop Aircraft Inc 1 Novadel-Agene Corp Jun 102 ft May 2ft July 6% July 3ft Jun 49 Mar 69 Jan 7 July 10% 800 1 Jun 1% 65 Jan 76 ft 7 Feb 8 Jun 22 ft July -- 31 Feb — 13 Jan — 9 July 3,700 16% July 14 ft 13% 14% 13,100 13 ft July 17% Mar 11 ft 10% lift 1,000 10 15'ft 11% 12 ft 14,200 til 13 500 47% 47% 3ft 3 ft 900 ... 300 13ft 2,9n0 3% 86 loO 10% 14,700 13% * 99 ft 9% 9% 86 97% 86 14 Va 1,^00 60 20ft July 9% Apr Jan Jun 12 ft July {'& Mar 1,800 2 2 13 ft (The) Corp lfo Jan 43 ft 2 / Jan 3% Mar " 10% Mar 2ft 14 ft May Jan 84% Jan 3% Rpr 93% 97% Juiy 6% Mar 48 July Feb 103 ft May Jan 10ft Apr 13% July 18'/a Jan O 4ftfo 100 112ft 15 x27% • 27% 9ft 1 8ft 7ft Ohio Power • preferred Filters class United 0"v«r Olympic Radio Telev & B Inc 9ft St Joseph Light Bt Lawrence Co Sayre & Fisher Schulte (D A) t% 1st 5% redeemable Scullin Steel Securities Seeman Brick Co 41'A Jan Corp Bros Selected 51> *5.50 prior II 8% 6,100 6% July Shattuck 4% 16% Jan 20% Apr 9% Jan 13 ft Jun Jan 37% May 34ft 30% 30% 100 29ft 28% 28% 200 28 Pacific Power Si Pacific Public Service 41.30 1st Light pfd 5% 600 900 50 103 30 100 14 41 Jan 27% 41 29% May 29ft July Jan 98 ft 100% 100% 14 28 14 May 29% May 102ft July 104 ft Jun 107 ft May 105% 10f* Jan May 15 ft July Jun Jan Amer shares & Power Corp of America class Slck's Breweries I Ltd Ltd class Singer Manufacturing Co Solar Aircraft Sonotone South Penn Oil convertible 15 V2 Jun 17 Feb 4.48% 27ft Jan 3 "ft • 40 ft ~3% _3% 500 40 ft 41 500 3% Feb 4% Apr 4.32% cumulative 4.08% 39ft July 48ft 23 23% 23% 50 23% July 26ft Apr 8peed Queen Corp Spencer Shoe Corp 23 28 ft 28 ft 200 27% July 29% Jan Stahl-Meyer lift 12,200 110ft 175 Telephone Pennroad common preferred Corp common Penn Gas Penn Power Si Electric & l class Light 4ft% Penn Traffic Penn A com pfd 100 Water & Power Co Co 10% 11% 110'ft 110 30% 30% i 2% 2% Pepperell Manufacturing Co (Mass)__20 Corp 2.50 62 ft (The).: 31ft 1,000 300 3 63% 60 2,500 Perfect Circle Pharls Tire & Rubber Philadelphia Co common... Phillips Packing Co Pierce Governor • % , 20 8 ) 5% Apr 113ft May 5ft Jan 30 ft July 40ft Jan j ft Jan 2% 53% Jan Jan 63% July Jan 14 Jun 5 17 ft 20 ft 1,800 8ft 19 ft 18 4,900 12,300 800 18 % 17 Va 4 % Jun 24 ft Mar Jan ' Jun 17 Jan • Jan '7> 8ft July $5% Apr Pinchin Johnson Ltd Amer shares Pioneer Gold Mines Ltd Ploer Aircraft Corp i Pneumatic Scale ~i% 1% 2 4.ono "1% July ± 14,300 15% 4,800 14ft July 58 ft 55% 58 ft 1,440 52 28% 27 ft 29 2,800 100 ~2\l 1% Mar 15 5 common 3ft 15 ft 50 T 2% ...2 common Pltney-Bowes Inc Pittsburgh & Lake Erie.. Pittsburgh Metallurgical common Pleasant Valley Wine Co Standard Standard •i.b0 2% 3ft 1 16 3ft Jun 60 Va Mar 18% Jan 30ft 3'/a Jan 4 Jan Jan 18 Mar 14 — Feb 3ft July 19"% May ',« Jun 25c Pressed Service 4ft % 8% __ __ " «««. 2.50 America 10 ft 1 i'• 150 32 10% 14 ft 13% 14 ft 2ft 1% 2 ft III™* B 14ft Apr Jun 500 1,100 - 14,200 95 19 Jun 98 Jan Mar 30 ft July May 9% lift 37ft May Jan Jan 12 ft Mar ■' 19% lft Jan 7 7 100 7 9 9 100 102 103 525 cumulative preferred 100 103 101ft July 16 ft 11 0 10 ft 10 ft lo ; 1 16 common..* common Pyrene Manufacturing 7% 7ft _• 99 loo preferred Quebec Power Co Mar 1% 11,600 % Jan 1% July 11 ft 11% lift 400 lift Apr 10 10 4 •7 12,700 20 ft 19% 20 ft 4,600 19 ft July 22% Jun 11 Jun 14'A Jun 53 51 ft 55 3,150 69ft Jan 109% Feb 105 May 14% Feb 18ft Apr 200 10'A July 6% Jun 12% Jan 1,300 154 97 ft 100 154 x 5(0 156 ft 50 • 95 8% July 154 Jan 13% Mar Railway Sc Light Securities— Voting common Railway & Utility Investment Rath Packing Co common ; class 107 ft 107 ft 10 51ft July 106 ft Apr 17% 17% 25 15% July 19% Mar 16ft 16% 600 15% Jan 18'/a May 18ft Jan 18% Feb 3ft ~3 ft _3% 400 3ft Mar 4ft Apr 29 29 50 5 2,300 258 500 4% j 251 245 16 ft 17 ft Raymond Concrete Pile io 23{/a Starrett 3% 4ft 5,600 8ft 8ft 9 3% 3% 300 33 32% 33 ft 1,400 15 ft 15'/a 15'A 210 Bteel Co (A) of Co (J B) Co Stinnes stop Stroock (S) <fe Finch Apr 109ft '• Feb 160ft Jun 17ft Jun Manufacturing common Reda Pump Co Regal Shoe Co Rels (Robert) & Co Reliance Electric & jy 10 6.23 75 21 900 1 ZZl Engineering Rice-Stlx Inc Radiator 1 Rio Grande Valley Gas Co— (Texas Corp) v t c Rochester Gas & Elec 4% pfd P Roeser Si Pendleton Inc common page 31. Jun 1% Apr 10% 30 17,900 24% 20 Jan July 54% Jun 6Ya Jan 28 Jan 2T Feb 58 Feb 13 ft Apr 1 • 4'/a 100 3% July Electric Thew Shovel Thor Co Inc Texas Power & 100 3% 1,500 5% July 3% Feb 2 8,900 1% 23 ft 200 27ft Jan 26 ft 27 700 26 25 ft 25% 400 25 ft July 28% May 25% July 4 4 500 3ft 45 42 45 2,700 32% 16% 5 • —- lft 700 23ft Jan 2% 2ft 2ft 4.600 27'/a July 3% Apr 2 2'/a 98% 98% 98% 38 38 38 % Apr 2ft Mar 50 3% 2,300 4 l/8 200 1% 9 ft I73 250 700 35% 35 ft 1,400 3ft _ 5ft 2% July 26,900 4ft 300 142'A 4% 4ft 110 Jun 3'/a 3% 140 • Jan 6ft Jan 9% 6'/a 2,000 4ft Feb 7ft Apr 2ft Mar 4ft Apr 4 6% Mar July 900 16% Mar 21'A '00 21 ft July 11% 300 7ft 7% 300 10% May 7'/a Feb 2 1% 2% 10,300 % 5% 4ft 5% 4,000 3% 16% 16 ft . 16 ft g —— > 20 ft Apr Apr 7% Apr Jan 20'/a Jun 500 250 15% Jun 17 700 13 Jan 15% 18 ft 4 ft 3 2% 4'A 19 1% July 500 4ft 3% May 19'A Jan ,20 3,000 18 Jun 6 17% July 2ft Jan 500 3 'A Jan Jan 2ft 18 ft 1 14 ft Jan 12ft 2% 16 ft 17 25c • 225 20ft July 25 5 Jan 2'/a "?r ■ Jun 8% 16 ft __ j Mar 1,200 21ft ' - \ "• 7% Mar 173 8ft 20 IZZZZl 8ft Mar Jan July lift —— — Feb May 5% , 1 18'/a lift July 40 7% » 5 15 ft May 33% July 4% Jan 23% May 3% Jan 8% July 16 3,300 77 Jun Jan Mar 3,100 5'/a Z~ 2 % 7% July 19 2% 4ft Inc May lift 4% 7 5 Jan 2ft 36 Jan 3% 3% 400 7 17% Jan Juiy 2% Mar 2,600 3% 7777; 45 10 ft 141 .7" Feb 2 ft 1 " 4% Jun lift 1 Apr Jun Mar 16 4,200 9% 20'A 8% 20 3 common 24 July Jan Jan 3% 8ft July 30% 7* $4.56~pfd 1.200 Apr 9ft Mar 30% July 4,800 ~ 15 5 10 '• 15 15 9% 200 10 13 1,200 6% 1 6ft 7ft 2,500 13% 13% 100 Edison 4ft% £1 5s preferred: 2% 100 1 14% Feb 18 Jan 6ft July Jun Jan 43 2% i. "% 600 % Jan 2,650 33 ft Jun 2% 2,600 1% Feb 60 101ft Feb 103% 103% % — Jan 47% % 47'A 70c Tonopah Mining of Nevada Jun July 4% 20 13 2,800 5ft 28,700 Apr Jun 16 12ft — Apr 26% 113% Feb 75 — Tobacco Royalty Corp ft 9ft • Security Trust Co Ltd— Amer deposit rets ord registered Amer deposit rets def July 15 j Construction Tobacco «fe Allied Stocks 36 ft 16 ft July Ziic Inc Roofing Inc Ss 18% 111 7a common 31ft 17 ft 17% „• common Market* Tlshman Realty • common Trans Lux Corp ITi-Contlnentai True Temper Trunz Inc ' 5% warrantsZ. Z H Mar convertible common preferred. 1 2% 2% Mar . 10 3.600 2'A July 17 ft 250 19ft 25 16% July 19 ft July 9% . 2% 17 19 ft 17 _ Tung-Sol Lamp Works 3 2% Corp 2 10% 1.300 8% * Jan 8% Jan 15ft Mar 115 Apr 5% Apr 1 Apr 47% July 3% Jun 105'A Jun lft May 5 ft July 3% May 19% 26 Feb Mar Jan 14% Apr lift Mar • July 15ft Apr U Ulen Realization Corp Unexcelled Chemical Corp .10c 3 ft 6ft 27 9% % July ~3% 12 1,700 2 Jan 2% Apr Union 50 97 July 102% Feb 25 Jan "3 ft 11 ft _3% 12 1,500 2ft Mar 200 3ft 27,900 28% 3.300 9 6ft Mar Jan 22 ft Mar 46 ft May 50c Apr United Jun United 8ft July May 8ft 8ft United Aircraft Products Chemicals Corp common common • 101 ft 100 ft 101 ft July Jan 9% May x98ft May 400 101ft July ~4ft 7,600 64 "4 * — 32 "Va 15,900 37 ft 37 ft 50 3 . 16% Mar Jun 72 4% Apr Jun 51 ft Jan -| i'« July A 43 ft Jan 2% Mar • warrants United Elastic Corp 3% Jan May 7 ft 500 100 9% 10% 30 Investment Co $3.75 preferred series A Union Stock Yards of Omaha lft 4 ft 11 '/a 2,500 Union Oil Co of California— 125 8% July 9 8ft 16% 3 4'/a 3 ft ' 3% com July 4 32% Mar 27 ft 28 ft Jun 29 'A 33'/a Jun July 5% July 4ft Apr 28 10 48% July Mar 26ft ordinary Light Co Corporation 5ft Mar 5% 3% 25 ft 2 22 31ft Mar Union Gas of Canada 100 33% May Jan T Tampa Technicolor *Oc 1% 5 Rotary Electric Steel Co 26'ft 27 ft Rolls Royce Ltd— American dep receipts for ord reg__£i Rome Cable Corp common 5 Roosevelt Field Inc Jan Jun 5% 3ft 5 • 55 9 ft * Va 4ft 1 tonmotes see 25 205b Feb 14 ' 25" 20% $3 convertible preferred Reading Tube Corp class A '400 21 1 10 common 23 ft • Jun 25ft 27% July j Corp 4% 800 Co common Oil Jan 28'A "" __ Swap Apr Jun 3 17'A 28 "1 Sun Ray Drug common Superior Portland Cement Superior Tool & Die Co 5% 10ft 28 ft "1 " Jan 44 ft I common Juiy Jun 2% I20 ~ (Hugo) Corp Shop Inc si Apr Jun 42 8% Mar — ' 1 ZlO common ,Mar 13ft 1,800 IIIIIIZZIIl Canada & 3'A 27% common (The) Corp Stein 50 • B 32~5 July 29 ft B class 31ft May 7'/a Apr 100 common Sterling Aluminum Product's" Sterling Brewers Inc I Sterling Engine Co.. Sterling Inc Toklan 22 ft 245 9,300 4'/a .25 I Tube Mar 4ft July Z25 Tbdd Shipyard Corp common :_1 28 2% May 32'A Jan ZZZZZZZZlO Products Co 4ft May 16% 1 Light Feb 500 Standard-Thomson Corp Standard Toledo A 2% 29% preferred preierred Jun 10% Mar 9ft Mar 4ft ZZZZZY.78 Power Apr 3% • Dredging Corp 13'A 8ft May 500 v. 7% 400 4% Mar 26 registered ror 1% 10% Mar R Richmond 9ft 1% 27% IIIIII Standard TTlo common 6<f, Raytheon Jan 29 ft class A Brewing Co Thorofare Quaker Oats July 3ft 3 Va May 8% July - Jun 3ft 3,800 Colorado— Puget Sound Pulp Si Timber Pyle-Natlonal Co 5% May 6ft 31ft • of 3% July 2,600 ' Providence Gas Public 2,900 8 ' Producers Corp of Nevada Prosperity Co class 4ft 7ft • • common Metals of 4% 7% • 6% 1st preferred Pratt Si Lambert Co Prentlce-Hall Inc 4ft 2.50 500 5ft 5 Standard Stetson Polaris Mining Co Powdrell <fc Alexander common Power Corp of Canada common 3ft 27% Co Forglngs Corp Oil (Ky) Standard 95 ft Mar Jan 3ft j conv & Jun Jun Mar 29 ft preferred Inc convertible Standard 4ft 92 25 Standard Cap & Seal common Convertible preferred Common • common.. 12 ft May Feb Mar 11 % 50c common 107 4ft July 2.50 • Pep Boys 9% July 2ft • Feb 14 ft 'Jan 30% 4ft 25 preferred cumulative Apr Jan 4% -ZIZ25 preference. Souuiem Pipe Line Southland Royalty $1 cumulative preferred cumulative July 1 5% $1.32 Peninsular 80 ft 1 convertible preference 2 Ltd 150 '10 original preferred 4.88% cumulative preferred Patican 87 ft 2% July • ~12 4.56% Jan 85 6,400 £1 __ Jan Jan 85 100 common Southwest Pa Pipe Line Southern Calif Edison— 7ft 12 July Jan 3 16 ft Apr 57 12" 1% ' 22ft 2% July 18'A May Jun 3,900 ~ZZ.Z_._Zl 4% Apr 50 3% Jan July 25% Co Corp 16,500 July 1 Apr 2% Mar • Manuiacturing commonZ South Coast Corp common. 5% 9% May 12% 15 ft 57,900 00ot> 5ft 40 1% • Singer Manufacturing Co Ltd— Amer dep rets ord registered Smith (Howard) Paper Mills Jan 20 lft 5o0 16 3% 19 '/a Jan 24 • Jan 600 13 ft Feb 25% 1 III II B Jan 600 1% "2% • 3 10ft 12% 400 300 2 lft Publications— 25 22 2 lft 17% Silex Co common 41% 10ft 2,900 • Feb 21 19 ft 107 ft A Apr 10 ft 17% 19 • 2ft • 1 ft July 100 Canada 23 ft July 1 2% July 16,600 1 I of 38% 3 900 2 ft 25 50 Parkersburg Rig & Reel Patchogue Plymouth Mills 2% 1% • . 18,700 1 2ft 2% 2ft 1 1 2% 41 1% 2% Jun July 2% July 2% Jun Mar 1 I 5% • 1 88ft 2ft • Paramount Motors Corp Parker Pen Co Co 32 Jun 9,600 26% Mar 1 2ft preferred (C A) 29 28% • Page-Hersey Tubes common Pancoastal Oil (C A) v t c Panatapec Oil 28 ft 28 ft 103% 103% 100 common Feb Feb 2% 40 Jan 2 1 preferred Shoe 300 lft 19% 23ft 1 common Shevwin-Williams 11% 103 Jan 13% May 20% July 10 Va Jan 6,500 25 xvianuiacturing Co Jun Mar 1% 5 Jun 9% 13,200 Mining Denn 11 ft Jun 900 19% 40 * 18 ft 200 6% 21ft 16% 36 common Apr Jan 104ft 5ft Jan Is common Corp class B Leather Jan 34% 28 ft 7% Allotment certificates 13 ft 31% 28% 3% Mar 4,200 20% • m B) Inc Sentinel Radio Corp common 9'/a July 200 • * Jan 7ft July 2.200 19 ft 7__i Settuer 300 10 700 Lighting $4.50 preferred $4.40 div cum pfd 8V2 4% 39% • stock Sherwin-Williams 1,100 redeemable 1st pfd series A red 1st preferred Apr Apr Jun 0 1 stock Shawinigan Water 6% 4.80% 14% 13 ft 4 20% 1 Industries Inc Convertible bneuer 36% Pacific Feb 12% 15 ft Jan 33% 2 8 "ft 10% Mar 7% 1 General Jun 18 23 4 '/8 13 High 8'A July x7ft Inc Jun 45% 36 ft 23 23 25 4.300 25c Co Segal Lock & Hardware Selby Shoe Co. 37 ft 115 33 ft 1st preferred 7ft 1 common 27 ft July 23 preferred 6% 1 Inc common 111ft July 18 ft 9 7ft • United Corp common bevoy OH Inc (Del) 140 1st pfd—23 common 1st pi eferred 9.800 49 common preferred..' $3 convertible preferred Pattern common Can lift 1 ft Power wd Corp Ltd 1st convertible Simpson'8 3ft 1* 10% • Simplicity Pacific 600 1 tijaa Cunsoiiaated Petroleum Slmmons-Boardman Pacific Gas Si Electric 6% Low 8ft 1.25 Ryerson & Haynes common 2,300 28% 11% 1 Securities lft Mar A J"iy 16% 18ft O'okiep Copper Co Ltd Amer shares Overseas 275 44 113 112 1 inc Uinai 43 ft 240 % 1.1 44 Range Since January 1 High 8ft 10% • Ryan Aeronautical Co Seton Oklahoma Natural Gas Low 8ft Royallte Oil Co Ltd Russeks Fifth Ave common derrick 50c Shares common Sentry Safety Control Ogden Corp common Ohio Brass Co class B common for Week Par Rowe Samson 19% — Sales Range of Prices Feb 19 — Exchange Jan 19% 12 ft Monday, July 31, 1950 Jun 1 ft — * Mines Nipissing 2,o50 •mm* North American Rayon $3 North Feb 2,800 «... — 6% 5.000 —— Rosario YoA & Honduras 36 ft May 8% 57 1 1 Jan Apr % Mar # York Niagara Hudson 53 ft x7% 89 13.500 6% 5 56% X7% 5% 5ft May 510 2ft New York Curb High Jan 24 ft 100 94 2 2% Co common Auction New New 92 93 2ft 1,800 5ft 5ft J common 30 ft Week's Last Sale Price Friday 8.200 . £8 8TOCKS Low 4 27ft 303/a -1 Clock si Watch Co convertible preferred Riven 4ft % New Jersey Zinc 3ft 3% JULY Range Since January 1 High . EXCHANGE ENDED for Week of Prices Last STOCKS CURB WEEK Sales Friday New York Curb FOR . 33 Jan 40 Jan Mar Number 4929 Volume 172 . The Commercial and Financial Chronicle . . NEW (407) YORK RANGE Week'* Friday Last STOCKS United United Molasses Amer Co High 14% 9,600 7% _• 7% 125 „■ Profit or Friday's Bonds Bid ft Asked Low Range Since Sold High 79% High 13% July Jun A 10 Jan Isarco 19 Jan A 7s 17 Va 7% July 17% ' Feb Debenture Hydro-Electric 81 Jan. ] No. Low 240 »uo 3% 100 40 % 240 3% July 236 Jan 1,400 176 July 6,200 240 4 with Nov 1 1952 coupon 1940 Superpower Midland 245% May 22 High 79 *40 98 56% 63 ' Altalian Apr Jan- July Co— 1940 1 1952 certificates escrow with Nov A 7s 3% — NJ RR St Canal United Week's Range Last Sale Price Period New York Curb Exchange Ltd— deposit rets ord registered United Interest BONDS Range Since January 1 Low 13% 14% • common participating preferred United 28 Interstate Power Co— —7 Milk Products JULY Friday Shares Light & Railways— Ex-clistribution 75c Low EXCHANGE ENDED Sales of Prices Par WEEK for Week Range Sale Price New York Curb Exchange CURB FOR 31 1952 coupon *15 Mar-Nov ' Umi. Valley RR— 44% Jan-July 1963 6s 44% 47 6 44 April-Oct 66 66 7' 60% Mar-Sept 104 104 55 Va ' Sharing preferred 10% Shoe United _25e common -10 Specialties common- 42% 41% 42% 14 14% 1 U S Foil Co U S and International 1st class B preferred U S Radiator U S Rubber with Products common St 600 87% 50 1% 84 ' mcm. 3% 6% 23% 23% 3%s 40 Feb 24 28% Jun 29% Feb 3% Jan Oct A6%s ex Oct Apr 23% 1,900 ;A6%s with Jan 2% 1 1940 1947 1 Borough 5%s series A —I —15 JlTftnadium-Alloys-Steel Co „' —• Syndicate. Inc—. ' '3% Gas 80 2 Fob Jan • com Inc Southern , Jun 10 . Jun , . 112 8% V* Feb 3% 2,500 • * 1998 32 1st 6% ' x9 20% (Hugo) • . 3rd Wichita (Wm) River Wickes Willson (R C) & Products Wilson Brothers 5% • Jan Jan Fab Ternl Apr 321/4 50 18% Apr 21% Mar 50 17% Feb 19% « 200 14% Jan 24% Mar 3'/a 1814 200 5 Vo Co 8% 8% 700 8% 2,400 preferred Woodley (F Jun American 6% 2 10 deposit 5s Ltd __ _• 13 10 % 1% lVa Quar-Feb Friday's or 3%s Elec Transit Corp 5s debs 1948 4% 3s Jan-July ._Jan-July 1977 July 2 98% Bends Bangs Sins* Sold Jan. 1 ; No. High A 7s Dec ex Low 2 1st mortgage A 1st Eastern Elmira Water Ercole 7 Lt Marelli % s RR Elec Nov ex 3%s & A6%s with Nov A 6 series 4s Fuel A 1993 5s Finland 5s Residential May Jan-July 1956 Mar-Sep/ Mtge Western series A (coupon on) International All issues A6%s 62 27 104% 42 98% 26 104% A6%s A 7s Power A 7s E (Aug series A 7s A 7s May -Nov 91% 99% 108 .{. 99% 91 99% . 100 — 101 Ya 100 Va — ' ' — 50 62 -45 . ■' 45% *114% 52 23 *101% 102 Va : -- 36% 99% . 115 — 62 (July 1963 o *40 __ ; listed on — 6s 69% — 52 ~4 1 102% • 55:;;. 64% 40 102% 102% Traction s f 100V« 104 Va 63 60 — *15 - 1954 I960- 5s 94 91 Va 15 — __ 97 106% 117% 107% 1 7 101 Va 105 120 Union— debentures 1959 103 102 103 .Feb-Auy Week's Bang*. or Friday's Friday Interest Last Sale Price Period Exchange — ACauca June-Dec 448% Low No. - *70% Jan. 1 Sold High *70% Bange Sibc* Bonds Bid ft Asked April-Oct Jan-July Valley 7s 1948— — Cons* Municipal Loan— Danish External 7)6 71% 46% 51 76 53 V# *80 90 '79 Feb-Aug Waterways 6%s stamped High 71% May-No* 1955 1953—, 5s Danzig Port ft ALinaa City Maranhao (Peru) 70 70 vi 95 67 > stamped .'A7s 7s 1952— 7 —Jan-July of , 20 14 V* 23 May-No* 35 June-Dec 1951 35 35 33 38 48% . 46 V# 54 *47% 50 50 *47% 50% 50% *46 ; 37 48 78 91 -48% Bogota— May-Nov April-Oct June-Dec June-Dec 1927) 1947 1927)* 1947 AMortgage Bank of Chile 6s 1931 Mortgage Bank of Denmark 5s 1972 May (issue Oct of 9% *17 1958—Mar-Sept 2%s 2008 (issue of A 73 r (Plan A) stamped Bank Mortgage 89 — 6%s stamped Interest reduced to Parana stamped Interest Peru (Plan A) reduced to de 80 78 Va s . 35 22% 31% 31% 37% 149 18% 25% 31 38 35 22% 32% 1997— ...Jan-July (Plan A) stamped . . 33 6%s 1919 1921 t ...Jan-July Jan-July reduced to.2%'2012_. Government 1 35 22% —Mar-sept }. r (ser A BODE) Janeiro Interest A Russian . , 2%s 2008— (Republic of)— l%s to 2%s 1% 1% June-Dec i. 3 T 2% 202 1% 3% 2Ve 85 1% 3% 71% 104% •No Odd-lot 40 2 40 45 principal, 36 4 38% 43% (not 58% 62 10 58 88 Va 62% 63 11 55 86 60% 62 7 Sec— value, par n Deferred delivery transaction a (not included in year's range), transaction (not Included In years r«\6e). jJ f Ex-distribution, g Ex-st<K5k mvldend. transaction (not Included in year s range). r T'fBMCtion in year's range), x Ex-dividend, y Ex-rights, z Ex-liquidating dividend. Under-the-rule included *Frlday's bid and June-Dee Feb-Aug coupon) 60% asked prices; no sales being b Ex for coupon) 60% 58 63 6 55 92 60% 60 62 12 60 1941 coupon) 957/a 59% 58 63 15 58 91% 1955 1957 1952 Averages the daily closing averages of representative stocks and bonds the New York Stock Exchange as compiled by Dow, Jones & Co. are 30 20 15 Rail- Util¬ trials roads ities 22 -Bonds transacted during current week. 25 flat. Total 65 Stocks 10 Indus¬ trials First Second Grade Rails ., SReported in receivership. Abbreviations used above—"cod," certificates of deposit; tive; "conv," convertible; "M," mortgage; "n-v," non-voting "w 1," when Issued; "w w," with warrants; "x w," without 10 Grade Util- Rails ities Total Date— July 22 Closed - 35.70 Low — 35.51 60.35 104.15 92.56 104.30 100.70 July 25 61.13 37.74 74.14 101.69 104.50 92.67 104.31 26 61.11 100.79 July 204.39 37.40 74.13 101.81 104.89 93.04 104.29 27 101.01 206.37 61.31 37.58 74.66 101.82 July 27 — 105.15 35.50 93.40 High 104.37 28 206.21 60.71 37.80 101.19 74.91 101.80 105.39 93.36 104.57 July 28 — 101.28 35.68 Low 101.77 In«. 37.89 Jun 23 34.25 July 13 High 24 203.83 74.71 voting trust certificates, Range for 1950 Closing < July Closed 38.32 ''conB/'wnsolidated; stock; vtc, warrants. (35 Stocks) 40 Bond* ' 0ver-the-Gounter Industrial Stock Average 206.95 .___ ' « Compiled by National Quotation Bureau, 10 Closed 24 ABonds being traded 95 Jan-July 1941 58% Indus- 26 *40 440 -June-Dec 1956— 1947 coupon 1956 Hotel— Newspaper conv 33% — 1952 Date— July > '*i5 - coupon debentures income Penn 40 Jan-July 1955 1941 I July .Feb-Aug ..May-Not — Co— 1940 New York Curb e 1958. 10 July July July * • 1953— 1953 Foreign Governments and Municipalities 61 — — 102% 102% -Stocks- July " 93% 118% 57% *15 *63 Va uut-wc Stock and Bond Below 58 ;il7% 117% 47 103 7/a RR— 1957 F 58 43 redeemed C (Dec series 35 43 *106% 112% 60 60 ^ — — May-No* 1953 market 11% series '43 . 173 102 100% 101% Mar-Sept & Ex-coupon *37 — Aprih^ct Bank— Mountain Power 3%s Guantanamo A 90 _June-Dec Rio 1953 coupon coupon stamped 1961— A6s 96 77 -Mar-Sept A 5 Green 88% 80 ._June-De« A 5s 106 166 Co— 1940 1947 May-moo 1993 1965 Mfg 1 1 —Jan-July 95 Va 95% Division— J mortgage 4s series B Gas ft 106% ■106' -476 — West AExternal Delaware Lack & Western RR— N 103% 101% 6 Washington Water Power 3%s 1964 . High 109% 103% — of 1 External 5%s 106% 18 180 97% 100% 106% 103% " *37 April-Oct Jan 102% 104%' Registered Lackawanna 95% .-May^No* 1940 coupon 1 1969-— AMedellin 1947—1978 of debenture "l *' 102 . 1946—— Service Waldorf-Astoria Feb 107% 110 110 104 108 105% -v Apr 103% 103 ; ..1 105% 105 104 ..">;*A>5gie64im6%- Feb-AUf 13% May Authority— Service Co 104 ("r -102 Low 104% 104% tl61 — Jan-July Mar -Sept 6 ■. < " Apr 116 Va Feb 106% 107 June-Dee 1954 series revenue 106% Jan-July 1998 series A 1970 * ■?. Agricultural Mortgage Bank (Col)(A 20-year 7s April 1946 A20 year 7s Jan 1947 Bogota (see Mortgage Bank of) Bid ft Asked Low Bethlehem Steel 6s Aug I i t Jan-July: 1946— 1947 coupon with Dec 1 12% Mar 35% Week's Bangs Last June-Dee debentures —April-Oct — 107% May July "T% 4,000 Sale Fries Appalachian Elec Power 3%a 1970; City Electric 3%a 1964 5 : __ Period Atlantic Chicago Aug Aug 1 ex 14% Mar 3% Mar • . 106 Va 106'A *104% 103 Va 109% 104 57 4% Mar : July 400 Interest New Yark Carb Exchange Cities 26 300 1% BONDS States Apr 104 Va Mar 13% Friday A5%s 1970 •——- - Jan 13 __ £1 Boston Edison 2%« . 102% 106 - 104 % 104% Feb-Auf BONDS receipts Hargreaves ACentral 9 12 12Va __ 106% *105 Va May May 13 13 8 104% 1973 3 %s Electric 'A7s Apr 9 1.2% July 12 Va May 400 B Corp—, Stamped Ltd— preference. Wright 31'4 4% Jan 3% " < 30% 165 -105% 22% Mar 4% May 9% Jan 150 105 Va 105 Va Jan July 7% 1,300 13% __ 31 % 105 Va 15 300 4 13Va __ • common— W) 12 334 100 pfd Inc Petroleum 12 13% ___25 w Woodall Industries Wool worth 4 23 Lt 4%% 7 12 1 w__ x & 8% 1 common Wisconsin Pwr __ * Inc w Elec __o 2% 200 160% -104 104 4103% __ Mar-Sept Mar-Sepl (Calif)—i*. revenue United Feb - 3% 104 —May-No* 1965 Hydro-Electric Co^- "2%s • , 28% Mar 27 17 Va 18 % 61 Triborough Bridge ft Tunnel Authority— July 18 __ 10 common—. preferred Winnipeg J Corp Corp— (The) Williams Co__i St Oil 106 55 162% 162% —Jan- July 3s series 3s stamped 2hd Western Whitman 99 106 Va 105 107 (Hugo)) 'Industrtef— A7-4S A6%s 19; - 18% •ttnnes A6Vas. with 24% 20% 18 __ __ M California Gas , 175% Mar Jun Corp 3s 1981 Edison motcgage 3s 1971 > 114% 375 » Jan-July 1973—— A ref Apr 112% Jun — 105% 104% 1 115 April-Oct Lt St Pow 6s B 1952 July 3 ? » 31% __ 1 " __ 107% 98% ■ *40 , 3%s 1970 Spalding (A G> ft Bros 5s 1989 Starrett Corp Inc 5s coll trust 1966 Apr 13% 3% July 7% July 1,100 « _ Jun 2% Fab 3'A 8% 104'/a 104 6 104% 104% * 105 1960 Southwestern Gas St Electric 9% Jan Jan 50 200,600 32 5 .___ 3%, July * 1% Mar 200 " x9 Jan 1% 6 ^ Gas Co— ; Southern Counties Gas 4 -4% May 5% July 109 " 1% 10 3 > __ 10 Mfg 3,700 800 1% — ——__20 Whirlpool Corp 6% . 157 Utilities $6 preferred * Maryland Ry 1% 1st pfd__100 Tablet " "" » . x9 Texas Western Stationery Jun 32% Mar 2% r — 1% 10 » — 1.2a Westmoreland Coal ^ — __ __ Western Shoe Jan 3% Mar: "^3%-V 2,400 '2% " 3% '&%'";<•« * - <5 I Manufacturing Weyenberg c 3 '/• „ 30 i tWaltham Watch Co. vtc wl_i Ward Baking Co warrants Westmoreland Feb 27 and 1st :A7-4s • preferred & 68 3,200 - 106 Electric— ft 1952 California 3%s aeries 7% Jun Stlnnes - West 20 100 - Feb ' ■.. 1 . Wentworth 9 31% 45%- 3 ;• > 800 12% Wagner Baking voting trust ctfs ext—• 7preferred— 100 W*itt St pond Inc__T , % cum 74 31Va 5% J!" ;,<5% _20c f Waco Aircraft Co !.$2 74 - - 5% 'n yogi Manufacturing • 5% 31% • Venezuela f — 105 V* 106 %. 27% May • Corp common— convertible preferred— % 104% *98% 100 April-Oct 1960 coupon coupon & 6% • debentures *50-year Queens Southern $4 105% 104 Jan-July Public Service Electric Jan July 25 V. 3,200 105 104% June-Dec 1970 Safe Harbor Water Power - 103 3 Piedmont Hydro-Electric Co— Apr July 58 105% April-Ocf April-Oct Jan-July mortgage 3s 1971 Lexington 1st mortgage San Joaquin Valspar 66% 3 105% 105% May-No* 3s 1964 Pennsylvania Water & Power 3%s 1964 Jun 2 wmmm 24% 1st Jun 2% 1% Mar ' 3% 1963 Gas Light 4%s 1967 England Power 3%s 1961 Park Mar 1% Mar 4% 1,650 3% —* 93 300 _«» —L Jan 400 58 to Ohio Power 1st mortgage 3%s 1968 Feb 4% Jan —— —iU common 2% July 1,200 2 3 Light 15% July 3,300 1% Sugar Power Jun 2% May 19% July 3% 52 4% Jun 17 Jan 1% —10 Co 43 Jan _50c Insurance Universal Jan 1% 5 58 New at Milwaukee Jan 12 87% —10 Apr 40% —_1 Oil 6% July 200 19 Extended Mar 49% 43/4 July 40 3,400 3% 5 1 350 1% 4% common Universal 18% I—1 Consolidated Utah-Idaho 18% • warrants. Reclaiming Co Corp 1% • Securities common Stores 1% 1 Universal Utah 41% _10r Air United 40 common S ' . 41% Conditioning Corp U 85 •' 25 25 Machinery Preferred United % Range for 1949 35.25 —_ 35.20 Dec. SI 27.79 Jun. 15 32 The Commercial and Financial Chronicle (408 Transactions at the New York Stock 28,19W Week Ended July Saturday - Tuesday 2,769,901 — Wednesday — . 7,449,000 2,454,506 2,303,670 2,050,091 Thursday Friday Total Closed $265,000 283,000 314,000 256,000 ; $5,649,000 8,248,000 2,297,540 —— _ 11,875,708 - 5,370,000 5,524,000- Sales $50,000 U. Closed Monday 459,940 Railroad 420,725 112,000 48,000 156,000 27,000 1,000 413,735 125,000 302,000 $1,000 $33,707,500 Total 162,000 184,000 427,000 369,520 87,000 25,000 "moo 117,000 2,029,430 Total $589,000 $462,000 $12,000 $1,063,000 Jan. 1 to July 28 4,617,203 Week Ended 1949 1950 1949 Stocks—No. of shares $180,700 53,856,670 11,677,000 604,965,700 403,572,100 $13,138,500 $668,382,510 $458,607,770 831,000 381,000 Jan. 1949 1950 to July 28 1949 2,029,430 978,750 63,103,391 31,698,424 $589,000 $528,000 $19,835,000 $20,175,000 462,000 130,000 9,366,000 6,202 000 12,000 28,000 1,498,000 1,079,000 $1,063,000 $686,000 $30,699,000 $27,456,000 Bonds $348,000 62,855,110 July 28 1950 131,152,999 294,844,034 32,240,000 - $173,000 2,000 365,510 $8,000 — $4,000 Wednesday $33,707,500 Industrial- & $60,000 Tuesday 1,453,500 _ $109,000 Thursday $1,000 50,000 Bank , Total Corporate H§«'222 1,416,500 Government S. International Value) Foreign Government Saturday Bonds Foreign iPar Foreign Domestic Shares) 5.823,500 5,626,000 _ $50,000 $1,416,500 11,875,708 shares of Week Ended July 28,1950 $1,000 1950 of $5,914,000 8,581,000 — Week Ended July 28 Stocks—No. Bonds (Number — . 298,500 _ $32,240,000 Bonds Stocks Total Bond Bonds Bonds Shares Monday, July 31, 1950 . Daily, Weekly and Yearly Government United States Int'l Bank Bonds and Miscel. _ Monday Foreign Railroad Stocks . Transactions at the New York Curb Exchange Exchange Daily, Weekly and Yearly Number of . Domestic . government Foreign Foreign corporate Total OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED JULY 28 Week's Range East Shares f Sale Prlee Par American Agricultural Chemical American Sugar Refining American Tel & Tel * 100 100 American Woolen • Anaconda Copper 50 Blgelow-Sanford Carpet 6% Albany RR Boston Edison Boston Elevated Railway— pfd—100 ... 100 25 Boston & — stamped Boston 7% Calumet & Hecla First National • 40 46% July Jun 104 151% 4,378 32% 33% 38% Jan 146% Jan 21% Feb 161% May 517 32% 33% 210 27% Mar 33% May 149 116 67 114 210 107 35% July 120 Mar 115% 116 52% July Jan 115 39% 43 15 % Feb 117% May 39% July 166 51 3% 39% 15% Jun 1% 3% July Feb 32% Jun Feb 40% 5% July 5'/4 350 3% 4% 5% 330 100 3% July 4% Feb 5% 6 8% July 7 Feb 8 % Va 8 % 50 8'/4 8% 10 76% •-H5 6% 160 8 75% 75 5% 69% 73% 35 35 19% 19% 6 19% Apr July July Jun 85 64 % July 79% May 32 249 35 Apr 41% Jan July 24% Feb 19 % 249 34 40% Mar 15 44% 46% 1,828 • 1 36% 37% 9% 9% 20 9% Jun 11% Mar —" 58% 60% 345 49% Apr 60% July 50% 0 100 • Mathieson Chemical Corp Mergenthaler Linotype 82 % 8 — 9% 100 * common— preferred 165 169 July 76% 64"% July 50% May Jan 41 Apr 42% 31% July Jun 25 Vs July 30% Chrysler Corp 25 66% 63% 66 VA 165 Cities 10 €9% 72% 58 62% July 643/s July 80 • 29% 29% 70 29 July 34'/a May 199 11% July 125 8% Jan 14% Apr 10% July Service City Products • 12 10% 10»/4 28% 28% 28Va 383/4 38% 15 34% July 413/4 Jun 46% 45 46% 137 41% Jan 50% Jun 83% 79% 83% 583 68% Jan 98% Jun 10% 7 Day Power k Light Department Federated 10% 14% Jun 5 Stores • Electric General Motors -10 , • Register Ohio OH - Radio 10 10% 30 25 32% July 39% Apr 50 21 223/4 Jun 322 22% 32% 22% 14% 14% 15% 38% — __ _ 36% ' „ . * Schenley Co - Standard Oil _ 5 _ 15% July 26% Mar 38% July 155 105 15 Jun 37 75 265/8 Feb 37 15"% 85 125/« Jan 23% Apr 38 250 41% 413% 10 21% 370 10% — 10% 20 53 25 (Ind) Jan 18 3/4 203/4 — 21% 15 July 113/4 25 53 31% Jun 38 July 48 Jun 21% July 10% July 133/4 Mar 47 July Oil (N J) 25 75% 73% 75"% 48 66 Jan Oil (Ohio). 10 30'/« 30 30% 55 25% Jan 27 27 25 27 37 37 34 33% July Timken 1 Roller — • Bearing 37 * Union Carbide 43 % 40 36% 34 3/8 36% 271 25% 30% 31% 243 29% July 423/8 43% • 12.50 Westinghouse Electric July 31% _ U 8 Steel (new) July Feb 16 Standard v. 18% July. 40% July Standard Studebaker 10% July 38% 37% * _ Vacuum Southern — 1.75 Industries Roebuck Jun 15% • ... 8 3/8 18% * ... 10% July 35% 18% 50 - _ Corp Socony 10% 9% * _ Apr 32% *. Oil 343/8 9% __ Pennsylvania RR Pure 28% July 32% - Central York - • National Distillers 298 5 _ _ Cash , 4 — Hamilton New Jun 11% . Curtiss-Wrlght Lima Jan May 10% Columbia Gas General 80% 42 53 July 79% 315/a Jun 35 Jun Jun 373/4 May July 50% Jun Jan 37% Jun 36 Jun 80% Mar 60 % July 62% 180 9% 149 82% 9% 170 Sears 6% May 5% July 35 46 High 30% 9% May Jan 66 Apr 66%, Corp RR 100 660 6 5 . LOW 29% National 66% !—; ... Lone Star Cement 3% 40 . Range Since January 1 High 30% International Tel & Tel Jan 34 • Copper 3% 39 V* Low Shares 25 Jun 14% 6,223 • ^ $afety Razor Co Bakeries Central 20 * Stores Hathaway 5% High Low 41% 50% 15 fa —-100 General Electric Maine 40% Rangf Since January 1 High Ry— Employers Group Assoc Kennecott __ 115% 10 Street Mass 5% preferred adjustment Eastern SS Lines Inc Gillette __ 5 Service Eastern __ 40% 49% for Week of Prices Chesapeake ft Ohio RR— stamped 100 prior preferred 100 5% class A 1st pfd unstamped-_ 100 5% class A 1st pfd stamped 100 7% class C 1st pfd stamped 100 10% class D 1st pfd unstamped--100 10% class D 1 st pfd stamped—-100 Boston & Providence RR 100 Common Cities __ 150% loo — Maine & Low Range * Par far Week at PrloM Friday stocks Last Sato Frice Sales Sale* Week's Friday Boston Stock Exchange 100 70% Jan 89% Mar 50 47% Jan 62 48% 17 45 18% 145 81 48% 48% 48% 48% 17% 17% Feb 16 8% July Jun 58% Mar July • Nash-Kelvlnator National Service Cos 1 N Y & 30c Hartford 15c 14c 16c 1,000 14c 10% 10% 10% 4,753 10% July 100 England Tel & Tel New Haven 22 20 New England Electric System... New 15% July 92% 92 93% 110 9 9% 80 —100 92 July Jan Members 102 % May July 7% WATLING, Lerchen & Co. May 13% Mar Jan 10 Feb Jan 70c Jan Northern RR 2.50 H> (N —100 Pennsylvania RR Quincy Mining Co Reece Folding Machine 50 25 10 2.50 — Rexall Drug Co — , Association Shawmut 2,200 98 7 18% 17% 19 78c 29c 1,296 78c 4% 5% 78c 96% Jan 14% Jun 360 3% Mar 78c 5% 8 14% 14% 30 July 5 200 5% * July Drill Fastener Jun 17% 83 16% July 23% Apr 32% 165 36% Jan 29 28% 29 245 30% July 22% Feb 23 28% May 24% 24% 10 53% 57% 2,461 50 % 41% 40% 41% 1,285 40 25 41 41 U s 10 42% 43% Inc Telephone 1 WOodward 2-5525 7% May 17% 53% 12% * Westinghouse Electric Corp 12.50 31% 12% 30% 32 July July July 29 Detroit Slock July 65% Jan 15 40% Jan 268 37% Jan 11% Jun 14% 36% Jun Week'* Altes Range Metal Prod Shares Rubber Chrysler _ Par Low „ Mfg _ _ . Low High High _ Consumers Burger Mach Brewing 20 21% 213/4 199 18% Apr 21% July Davidson 18% 6U 153/4 Jan 201 Detroit & Cleveland Apr Carey (Philip) Champion Paper Cincinnati Cincinnati Cincinnati Cine & Electric 14% 143/4 485 14 • common_8% 36 % 37% 103 23% 27% 29 296 32% July 27% July 10 32% 323/a 32% 90 5% 1,182 68% 810 Mach— Mill j. 8treet Railway 25 5% Bell Tel— 50 68% Sub Dow common * Insulation Formica Gibson Randall "B" 9% July Jan Mar 32% July. 5% 80 10 Apr May Mar 30% 32 53% 53% 53% 90 53 Va Jan 24 24 10 23 % July 25% 57% 58% 54 July 65% Mar Printing ♦ common 60% 187 174 29 July 42% Jun 60 Feb Jan 60% 61% 1,200 55% Mar 67% 200 13% July 20% Jun _* 31% 31% 40 31% July 39 Mar 50 common Federal Gar 47% 47% 7 46% Mar 49 May Stocks— Airlines American Telepnone & Telegraph—.100 Anaconda 1 Mining 11% 150% 11% 50 9% Jan 1493/8 151% 207 146% Jan 50 Avco Manufacturing Bethlehem Steel 32% 32% 3 10 Armco Steel— 363/4 38% 332 7% 120 3 • 7% 41 6% 39% 41 185 30 26% July Jan 6% July 34% Jun 12 1,610 13% Jan 18% Jun 12% 12% 1,390 12% July 15% Apr 64 63 Jun Oil .1 Electric t see page 41. 1 8% 1,900 22% 8,628 6 5/a Apr 8 3/a 7% Feb 213/a July 7% July 2% 300 l3/4 July 2% 6 325 5% July 17% July 20% 18 5/a 285 2% 4,100 Jun 83/4 May 24 23/a 18% May Apr 7% May Jun 2% 2% 30c 500 26c Jun 44c Jan 24% 24% 241/4 199 20 Feb 2534 Jun 4 July 4% 6% • 80 VB 6% 100 300 6% July 2,246 70 3 3% 3% 340 2% 2,120 1% 1% — Jan 1% 1,100 1 Jan Apr Jun July 3% Mar 6% Apr 8 Jun 99 Jun 4% Jan 2% Feb 1% May 5% 500 10 63/4 6% 6% 265 6s/8 July ,73/s 12% 12% 12% 915 12% Jan 143/4 3% 3% 100 3% Feb 4®/s Jan — — 47/8 83 2% 2% ' 2% l 5% 5 1 15 • 5% 45/« Mar 6% May Feb Jum 143i 15 835 13% Feb 17% Jan 6% 7 685 4% Jan 73/4 Jun 3% 33% 100 3% Mar 5% Apr 2 2 600 Feb 2% 100 1% May 15/8 Jan 2% 2% -12% 1% 2 'jfc' — Lansing Stamping 8% Jun LaSalle Wines 1 Jun Jun - Masco Screw __ - _ _ Products _ . 2 1 2 1 '■ . For footnotes 1,072 -2% - -vi _ _ Kaiser-Frazer 39% July 1,025 7% Apr 35% Mar 6 5 ——1 Motors 33 41 8% 8 ' _ 1 —. 1 pfd 21 29% July 6% Jun 22 - 4% _ common Lamp 81 18% July 1,049 7% 2% — 1 Chemical Higbie Manufacturing 5% Hoskins Manufacturmg July 1.130 7 1 _ 560 19 31 ■ —10 & 64 1 Finance Motors Gerity-Michigan Corp Graham Paige Motors Jun 1% Mav 18% 1% Jan 1 . . Industries— Mar 6% 30 18% 8% — _ — Apr 161% May 77c 1634 1% — _ Hudson Motor Car American 300 16 4% July 30c Brewing General Howell 13/8 16% W 1 . General Hall 13% 22% „„„ Brewing Lakes Jan 1 Stove Trailer Wood 10 5 Iron Frankenmuth Ale 740 20 . Mogul Fruehauf 11% 1 - . Apr 13% Gray Friars Navigation Edison Detroit 11% 1 * , Detroit-Michigan Great 13% 5 Preference Unlisted 100 4% July 67 35 32 .* new S. 9% Jan 20% May 39% May * G U. 9% 10 Kroger & 4% 67 26% July * Art Hobart P 14 10 Gas & 20% May • . Brna Detroit Jan 11% 10 common Continental Motors 21% 17% —* — 13% — mt Laundry 905 — • common High 300 163/4 ~ .—25 Paper Power Low 45% 15% ' 1 . . Range Since January 1 High 45/8 ' 1 . Corp Consolidated Bangs Sine# January 1 Low 2 Company Burroughs Adding Machine for Week of Priooa Friday Share* 1 Brewing Budd Sales Last Sato Price stocks for Week of Prices Par Brown-McLaren Exchange Sale* Range Sale Priee 42% May 46% May Baldwin Cincinnati Slock Week's Last Friday STOCKS Jan 29% July 50 633 Exchange Jun 49% American American Exchange DETROIT Building Jan 31% 0 Rubber Co Ford July July 1% 32% • Corp Co System 5 % 16% 25 Waldorf 19 Midwest Stock Exchange Jun • „ Fruit 101 % 13% July United Shoe Machinery common 6% preferred United * 5 Torrington Co Unlted-Carr 60c 98 • Stone & Webster Inc Union Twist 50c New York Curb Detroit Stock Exchange North Butte Mining New York Stock Exchange 1,800 1% Jan 3% Mav 2% Apr Number 4929 Volume 172 . The Commercial and Financial Chronicle . . (409) OTHE# Week's Friday Ka nge for Week of Prices Shares STOCKS Par Corporation.": National Elec Welding—:— Murray National ;— 8% 100 100 21 1 17% 130 15% Pfeiffer Jade Oil Company Kaiser-Frazei Corp 8% May 25% JUly Jan Jun 400 2% Apr 2.431 2% Apr 3% May veanecoct Copper Corp Kern County Land Co 3% 4 3 3% 4 1,522 3% July 4% Jan Laclede Gas Company Jan 45% Jun Lane-Wells 2% Jan 24% 734 35% 1% 1,020 19% 19% 232 1% July 19% July 2'A 2% 200 2% July 6 % 6 % 100 2 — W) (H Co & River Raisin Paper. Rudy 2 - 2% 900 __ ; Manufacturing — -- . Sheller Mfg 2 Jan Superior Tool 8c Die common 1 5 12 695 11 13% Apr Mascot 12 635 14 Jun Menasco 900 11% July 2% Feb Apr Middle South 220 14 16% 16% July 3% Jun Oil Corporation States United pfd 10% 37% ' 50 _ 716 10 - Feb 37% 105 33% Jan 1% 4,225 1 1 */4 1 Wayne Screw Products.. 11% 37% .1 ... — Radiator (Un). ; 1 Apr Jur Montana Jun Montgomery Mt 1% Jan , Angeles Stock Exchange for Week of Prices Last Sale Price Admiral •/' Corp '''"u ' Shares American Mfg Co Airlines Inc American Power Ainer Radiator & Tel Tel Co St 11% 2,185 a 18% 2% a 11% 9% 28 Power Anaconda Diablo a55% a55% 60 149% 149% 2,133 Co *<Un) Co ' 54% May Jan '■ 33 430 22 455 28 720 28% 9% 240 8 9%. Locomotive Petroleum oauumi — Barker Bros Corp common Basin Oil Co Oil Steel tieiniehem Blue 10% OH Cb1c« Borden Company Borg-vVarner Corp 9% Apr Paramount 14% Apr 125 14 % 12% 1,786 1,335 9% Jun 6'A 7 16,370 3% Jan 12% Jdly 7% Apr 17 320 16 % Jun 20 11 11% 900 10 Feb 13% May 48% 248 35% Jan 100 31% 15% 14% 16% 3,675 11% Apr 6% 6% 7% 3,017 33 33 25% a57'/s 250 20 a56 Vb a60% 15 6% a48% a49% 305 9% 41 Jan July 16% July 9'A May v Jan y- 6% 2% JUtt 6% July 170 6 i Feb 48% July Jan 33 * Co Packard ■ R May uaua.aian Pacific Ry Co Caterpillar Tractor Co Product# Certain-teed (Uni—. (Un) — Oil Pure Rheem Richfield Jun 2,333 18% 21 July 24 Jun 42% 80 40 Mar 40% May a40% a 7% 12% Jan 10% Mar Jan 17 16% 17 1,138 14 41 227 33 13% 922 11% 6 6 200 1,062 226 1 3% 3% 300 • '■*" Preferred ——20 Columbia Gas System Inc ( On ) ° Commonwealth Edison Co <Uni 2f> Cons Chollar Gould & Sav Mng— 1 18 18 255 6 66 Ryan Colorado Fuel & Iron Corp com Jun Jun Vuitee July; Jan 6 July Jan 83% Jun July 3% July 76% 22 Jun 24% U% Jan 15% July 5c 9c 20,000 1 15% 16% 1.107 16% 15% 16% 4% Feb 18% Mar , 150 Apr 19% May 19% July Feb 14% 11% 102 11% 28 380 28 July 32% Mar 40c 40c 100 40c JUly a27%a28% 230 27% 1.05 May 33% May 19% 19% 16% Jan 675 2% 2% 400 17% -/. 17 17% 2,609 a7% a7% » Oil Continental Creameries Co (Un> ——5 (Del) 5 (Un)_—- Crown Zellerbach Corp Class 2«% 27/g July 10% Jari - 183 16% July 21% Mar 80 41 Feb 52 17% Jan 23 10 10% 790 6% Jan 10% Jwly 1.90 2.10 18,370 1 • !_50c Jan 3.00 Mar 29% Jply 34% Mar 26% Mar 36 15% July 30% July 22% Feb 10 25 Co (Un) 2,595 36% 28% 200 28% 28% 100 28% 28% 28% 150 28 48% 48% 451 48% July *Un)_.1 11 Feb 19 19 Vb 551 17% Feo 21% Apr 50 33 %c .25 * 18% • (Un) "14% Jun 19 July 12 Mar a37% —' — • 1 17% 1 3,825 8% 600 7% July 52'A 759 44% Mar 16% 16% 100 15 % Mar a36 a37% 295 26% Feb 36 15 16% 2,986 12% Jan 23 7% 6% July 3% July 16 V* 7% 7% 550 a33 Vb a33% 50c • 19 7% 52 »A 55 2,461 1,623 36 38 »A 20'A 20% 5% 38 20% 5% Garrett Corporation 2.50 1 1 500 40 a23% a23% a23% • Corporation— General Foods Corp 45 % 60c 42% 3 60c j) 45% 937 jtjuerai General Motors omv • Utll Corp Public 25 Goodrich (B F) Company—.—1 Goodyear Tits * ° Graham-Paige Motors .* a 18% a Jan Apr 17% July Del of Co (Un) 9% 700 7% Mar 38 38 401 30% Mar 9% May 36% July 16% * 16% 1,889 a75% a75% 15 a41% a42% — 21% Feb Jan 51 • 19 Jan 289 41% Feb 221 35 47% Jun 43 % May 9c Apr Shell Oil Co Sierra 25c Corp Trading a43% a45% Signal Oil & Gas Co class A. B Sinclair • ——— Oil Corp—. * * Socony-Vacuum Oil Co Inc (Un) a45% 5c 5c 50 49 5c 1,700 50 3,316 Jan 200 36 Jan 1,620 44 Jan 21% 1,578 16 Feb 21% July 31% 32% 2,648 26% 27 537 31% July 26% Jan 28 547 16 Southern Calif Edison Co Ltd com—25 4.32% preferred preferred preferred 4.48% 4.88% preferred 25 25 25 25 — —— Southern Calif Gas 6% pfd class A—25 Southern Calif Petroleum Corp 2 Co a29% a29 '/a 80 30 July 36% Jun 28'A May 31% Jun 33% Mar 28% 28% 165 28, May 28% May 34 34 156 34 July 36% Mar Jun 22% Jun 32% 28% Standard Brands Inc (Un) Oil 82% July 19% Jan Stone 8c Webster Inc 16% Mari 73 61% Mar: 83% Studebakcr Corporation (Un) 15% 10 12% 660 60c 65c 4,300 a < 17% 40 9 a 18% Jari 15% July 12 July 37c Jari 300" 146 23% Mar 19 1,288 16% 10% 10% 10% July 61% 2,250 2,540 May 10% Mar 22% May July 23 610 15% j;: Ja ri 46% 616 49 % ^ari 46% 270 45 % July 50% May 51% May 83% 3,755 69% Jan 98% 15 225 15 24 890 22% Feb 277 88% 442 44% Jan 1% Jun 55 . • 1,370 132 125 132 596 12% 13% 950 2.25 2.35 10,950 14% 14% 225 13% 2 34% 41% 688 23 July Company 8.69 Texas Gulf _50c 13% July Jun 3c 17,000 (Un) — Sulphur Co (Un) . Incorporated common - 2c International nick- . » - « International Paper Co (Un) Int'l Tel & Tel Corp (Un)— For footnotes see page 41. 7.50 —* 10% Jan 23% 620 19% 17 170 17 a35% a36% Jan 13% Apr 221 36% May 336 ; 23% Apr 17 July 37% Apr 60% July a67% a69 a69% a72% 13% 13% 16 170 . Feb 71% 71 Jun 72% July 10% Apr Jan 13% July 30 19 19 18% 19 590 9 9% 600 8% July 18% July (Un)— 15% Jun, Jun May May 20% Apr 11% Jun 25% Jan Twentieth Century-Fox Film (Un)-—* 19% 20% 625 )_• 43% 41% 43% 905 40% July .28 29% 28% 30% 4,960 24% May 50% May 30% July 98 98 98 536 85 Feb 98 33 33 327 26'A Jan 33 16 18% al7% al7% al6% al6% 2,895 60 44 14 Jun a44% a44% 35% 37 53 58 20 (Un> 1 Feb .50 -5 11% 13% May 2.35 Air Lines Inc — Apr 14% July 41% May 7%c Jan Certificates of United United States Interest States Un) (Un) 17% al7% 1 — 10 „— Oil 38% Mar 47% Woolworth 10 V4 (Un).. Western Air Lines Inc Western Union Tel Co Elec 36% :10 58 ( Corp Un)__. 6 13 1 Warner Bros Pictures Inc 14 Co 9 Jan 23 21% 38% 45% May . * Jan Feb ... (Un)—12.50 5,543 2,588 25% Jan 37 Jun 40% 58 Apr 550 2,310 370 16% Jan 29% 13 9% 31»A 11% July 31% 632 8 8% a43% a43% a8c a8c 326 12% 0% . Feb 7% Jun 21% Jan 29% July 9% Feb 31% July 36 Jun Jun Jun Motors Inc (Un) (F W) Co (Un) ,1 19 — a43% ' 16 18% July 17% Mar 15% July 31% • Corn Stem Consolidated 312 12% May 3% Apr 16 Ml ( Rubber Co a43 % a44'/8 ; 10 United Paramount Theatres common—1 July 17 ' July July Jan July Willys-Overland 9% July 4,103 —f Transcontinental & Western Air —.5 Oil Co Transamerica Corporation 30% May 10% 13% 14% July 25%^ Mar ' 35% May 13 22% 23 251 30% 25% July 1,395 Jan 30 o 17% July 495 5,003 13% 15% 120 28% 30 Westlnghouse 1 23% 20 , 17% 27'A 15% 225 15% * (Un) May 79% Jun 23% Apr 14% Jan ' Jan 28% May Jan 900 5,002 R«% 30 9% 10 3% 138 15% Assoc 2.10 9% 2.95 2.95 Jun a72% a75% ..10 Tidewater Universal 3c 50 Tri-Continental Corp 132 Jan Jan Jan Jun 2% 13 V# JUly 9% Jun 42% 17 13% 25 25 42% July Feb 35% J 25 United 200 72% 392 17% a75% Texas * Mar 1,070 20% July 61 Jan 24 1,395 88% May 55% May Jun 14% 41% July 18% Mar May a43% a46% 13% Mar 61% July Pen 29 11% Mar 1.55 % 69% 28'A — - Jun 50 ^ a51 a54% Sunray Oil Corp common—..— 4%% preferred class B 5%% conv 2nd pfd ser 1950. 8witt 8c Company (Un;—, Textron 9% JUly 101 60% 310 8% July 18 Jun 14% May r87%c May July 110 * 5 1 12.50 Corp (Un). (Un)—,— (N J) 72% * Interlake Iron Co 50 Greyhound Imperial Development Co Ltd— 25c Independent Exploration Co—__33V3C Intercoast Petroleum Corn10 — Standard Oil Co of Calif— Standard Oil Co (Ind) (Un) — 40 a90% a99% 14% 27% July 17% 18 -i ... 807 23% 100 58 Jun 55 Jun 28% May 49 28% 233 52% 6.66% 31% Feb 49 27% . 20% 783 Hunt Foods, Inc Mar 27% — 68% Jan 3,250 Illinois Central RR (Un)— Feb 4c 20% — 28 20% 22% 10% July 23% July 15 2.35 Feb 16% July * 200 7% Jan 79 1 36% 51 • 35 25 23% 7% . July 45 a99% 27% July May 10 , 8 45% 23% Jari 8% 35 1,435 r 5% 38 lOVe 29% Jab 6% Mar 125 10% 2% Co May 7% May 9% 59% 10% Development Jun 48 % 5 41% 42% Holly 25 Va 62 %c July 137 v3 Feb 405 • 9% Hudson Motor Car Company '^7% May Jan Mar 10,490 • 42% (Un) 48c 7% Pacific Company—— 10 % Corp 20% a31 Railway Company... 42% Hancock Oil Co of Calif class A Hilton Hotels Corp F»b - 6% Southern Great Northern nj (Un) « a30% Jan ' 21% 45% " Corp Jun 7% 14 9 5 (Un) Gladding McBean & Co Jan Mar a30% Jun 300 306% 9 83% vuunuui< 25 .5 11% al7»/8 al7'/8 300 —2 * 5% 38 % , 1.75 ,-1 12 •r,*t (Uri)—— Jan Apr 9% Feb Jan 11V* Jun 1 —— — Standard 1 — 23"% 52% July 18 Apr Apr i General Electric Co Jan Jun Jun 35 al5% —r Apr 4% 3% a 10% a84% a86% 60c class A Jqn 55% 8 Southern 5 Lignt Corp. 29% May 29 1,601 65% May 23% v''- Exeter Oil Company Ltd * ;; & Merchants Natl Bk__—100 Power «Se Jan July l,2o7 Jari 71% Farmers Florida Jun 37% May 29% May 4 Jan a5% 12 Fitzsiminons Stores Ltd Jan 9% 6% 10% - :•• -* — 35% Jan 28 3% 9% (Un) —1 new 35 July 9>A * Airways Inc 31% 28% * common 1,505 36% 28% 16% 30% 30% 25 25 ' 15% 16 55% 5 (Un) Electric Bond & Share Co Electrical Products Corp 40 76 319 235 a5% u-4. • Douglas Aircraft Co Inc — Dresser industries Inc du Pont de Nemours & Co— May July 5% . —. Jan 16% July 1,895 245 a35% a36% a35% * 23% A Jan 23 a8% lO'/s a __ <> li 10% Jan 22 a72a75% a75% Inc______ .—•-1 America of —1 (Un) Corp 14c July a55% a55 % Southern Motors Continental 5c May Jan 4 63% .65 19% * Uo ftvrer&t 16% Mar 21% 3,060 17% a29 a30% Oil Seaboard 28 Engineering Corn—__ consolidated 195 220 15% 17% 18% May 19% 28 a28% — 1.80 July a36% a37% Paper Co (Un) Industries (Un) Finance Co 4.56% Consolidated Jun 14% 2.00 Inc.— Oil Regis 17 % 11% ——— Consolidated Liquidating Corp 1.25 1,000 • Aeronautical Company Class >un>. 1.80 a22% a23% -1 . 8afeway Stores Inc.., 42 Jan 11% 66 1 Jun Jun 33% Mar 49% July 10 Ranch Schenley Seaboard Mar 41 13% 73% £* 23% 61 446 27% Jun 100 64 y8 Edison 01 16% July 560 1.80 14% .1 - 70% 2,964 69% Consolidated 82 243 207A 22% Manufacturing Co Oil Company... Feb 10 'Un) Clary Multiplier Corp 3% May 20% Mar 8 World iUn> Co 56% a23 1 Company Jan 51% 1.80 10 Corp of America 'Un)_. Radio-Keith Orpheum Corp (Un) Republic Pictures Corp (Un)_ Republic Steel Corporation (Un) Reserve Oil & Gas Company Rice 16% 25 Aircraft Cities Service Co July 1% 20% .10 Radio 51% Mar 8"% * Chrysler Corp Mar 70c 5,720 51% — (Un).lQO 8ears Roebuck 8c Company Cessna Apr 95c Jan (Un) Pennsylvania RR Co Feb 15% 10 Corp (Un), — Pictures ReYall Drug _ •»% Mar a21% * 20 Packing Corp common 23% Jan 27% July 20 % July .1 . Pepsi-Cola Co (Un) Phelps Dodge Corp (Un) Puget Sound Pulp & Timber Co St California 11% 3,300 3 al5 al5% 20% • w* preferred Car Motor American 50 lo% Jackson July 18% July a21% (Un) Budd Co Mar 1,997 Broadway Dept Store Byron 10 1 o July 13% 41 (Un) (Un) 34 -'f- 1 . Jan »0n>——„ Pacific Lighting Corp Jan 5 • ; (Un) 95c 27% __ preferred class A__25 redeemable 1st preferred__25 5% 48% al5% redeemable 1,585 5 . 5% 4.80% 7 % 2 2 f!r>-n Apr f Pan 6% 80 c 2% 2% * — redeemable • Jun 39% (Un) Co Airplane Boeing a _5 (Un)__* Company preferred 5% Jan 41 Corporation Diamond al3% 1 — 6% 54% ovc Bishop Oil Corp Feb Feb .iJVC iua) 79 Pacific Finance Corp of Calif-.. Pacific Gas & Elec common. Jan 11 (Un» Corp 13% al3% 1.40 Jan July 14% July Mar 35% July 33% May 39% Jun 2 —2 Benguet Consol Mining 95c 31% Jun 8% Mar Jan 24% 220 Inc.—— Company 37% -5 5 (Un) Corp Jan 1% 1,980 • Railway Co Oceanic Oil CoEdison 16% .20r Aviation Bendix Aircraft 104% ..10 10 23 2,900 (Un) 495 14 100 15 Cons 235 6% — 8 34 (Un) RR Co 125 100 100 (Un) Co Jan 75 8 (Un) Corp Prod Oil Pacific a53%a55% 121% Corp American Ohio 11% 4 <Un)_ Work? Co Jan Jan . Baldwin 7% 1.20 (Un) Co Ine American Ohio ' Baltimore & Ohio RR Jun 6% 1.15 Co.—. ; Central Apr 161% May Mar 38% 7% 40 July Apr 16% May feh 32% 37% 121% Jun a6% a29% a29% 1 Northrop v 32 % a 55% 58% a6% l Co Distillers York Mar 55% 146% 32 % 32 % • (Un). 3» It Armour & Company fill) (Un) 9 Atch Topeka 8c Santa Fe Ry (Un)—10( Atlantic Refining Co (Un) 25 Avco Manufacturing Corp (Un)— Copper Mining Corp (Un) 61 Apr 33 % Co 21 11% July 100 Steel Armco Apr 45 1.15 Light Ward & 12 19% Nia r 1,450 ; American Woolen 4 35% Jan 18% (Un)—* (Un) 38% Jun 29% July 11% al8% (Un 50% 15 North High i- 20% July 120 250 10% (Unt—* Co San 672 24 3% a32 3% —1 American Smelt 8c Refining Co American 24 3% . Light Co. St & <Un* (Un) Jan 390 826 33% (Un) & Northern Low a31 % (Un) AiUs-Chalmers Apr Jun 61 60% 1 North Range Sines ISMSTTl High 21% 1 —1 — Alleghaay Corp Low PaT 17% -.100 Nordon Corporation Ltd North Amer Aviation Inc ' ,/ Jan Sales Week's Range Friday stocks 16% 13c July a52% a54% J. Utilities Inc Power 13% New " 48 1 Nash-Kelvinator , 7% 1 Co 38 ; National Los Jun 4 Manufacturing Minnesota Udvlite 4% 17% May 3 2% — — 8c 530 3% Mar 11% Timken-Detroit Axle 100 7 60% a53% Petroleum Co LocKheed Aircraft Corp Loew's Inc (Un) 7Vt Jan MrtV * Jan 3 11% 10 common new High a9c al4% al4% • (Urn.. (Un)_ Company Libby McNeil & Llbby Magnavox Company Scotten-Dillon common bow a9c .8,75 (Un) Lincoln Rickel Range 8!nce January ) Jun 36 1% __ * Shares 6% — Kansas Power 8c Light Co for Week High Low .10c — 2% 1 Brewing 8% July Range ef Prices Par 3% — • Products Metal High , Week's Last tale Prist 20% May 3% Jan "« 36 Peninsular ,* nip 21% 1 2 Motor Car High 8% ■ dales Friday STOCKS Range Since Janaary 1 21% 10 — Stamping common Packard 8% .—5 Wheel————i Motor Low .—10 Michigan Sugar preferred EXCHANGES Sales Last Sale Friee >r0CK RANGE FOR WEEK ENDED JULY 88 r Apr Zenda Gold Mining Co 100 a8c 300 450 5% Mar 44 2V2C July Jan 8% July 49% 17c Feb Apr 33 34 The Commercial and Financial Chronicle (410) . . . Monday, July 31, 1950 OTHER STOCK EXCHANGES RANGE FOR WEEK JULY ENDED 28 Friday Week's 8a let Last Range for Week Sale Prlee of Prices 8hare« STOCKS DAYTON & GERNON Par Hallicrafters CHICAGO 3, ILL. ST. SO. LA SALLE 105 Telephone Central Hammond 8% 7% 1 Co 15% 15% 17 24 % 10 1 Hibbard 25 Range Sine* Jaanary 1 r *■»» High 1 Co instrument Harnlschfeger Corp common Helllman (G) Brewing Co— 6-0780 Low 8% 4,400 7% July High 12% Jun 22% 11% Jan 25 % May 24% 400 22% Jan 24% May 22 23 750 21% Jan 37 __ 1,500 37% 38 26% Mar Members: Midwest Stock Chicago Board of Trade Exchange Bartlett Spencer Hupp Corp 1 Huttig Sash 8c Door common MIDWESTERN LISTED AND UNLISTED SECURITIES Hydraulic Brick Press LaCROSSE MADISON EAU CLAIRE Illinois 1 common Co Indiana Exchange Power Interlake Sales International Last Range ef Prices fer Week International •ale Prise Abbott Laboratories Steel Acme Admiral 9 Co 10 „ Corp Ball 1 Roller 8c Alleghany Corp (Un) Airlines Investment Rad American Tel Anaconda Armour 8c Asbestos Tel (Un) Co Mining (Un) Washer Fe (Un) Binks 6% Jan Iowa Jun 7% Jan Jim 8% 8% (George 31 30 31 11% 10% 11% 17 % 17% 17% 570 • 12% 11% 12% 1,700 149% 150% 2,100 Borg-Warner Brown & Eruce L) 38% May Jan 12 17 Canadian 940 27% Mar 27% Jun 39% Jun 2,070 7% Jan 10% Apr 1% Apr 10 10 4% July 6% 27% 27% 50 2% 2% 400 La Salle Extension Laclede Landis Leath 8c Feb 414 July 6% Mar Llbby McNeil May 2% Jan Lincoln Jan 9% Apr Lindsay 5% 6% 1% 7% 1, 3,500 35% 15 1,350 I 5% 50 33% Jan 37% Feb 11% Jan 18% Jan 48% July 1,200 4% 4% 4% 41% 35% 250 39% 2,100 Lamson Sessions Co___. & Machine Co Co Llbbv & Gas & 3% July 30% Jan 6% Feb Marshall McKee Field Elec (Kyt * Co 8c Metropolitan Mlckelberry's Utilities 11% Jun 13% Mar 14 Feb 18 16% Jun Middle South 60% 795 73% May Middle West 42% 43% 100 42% July 57 17% 10% July 36% Mar 200 10% 600 16% 16% 17% 3,200 17 2% 2% 3% 3% xl2% 8% July 14% Mar 700 12% 16% 750 ~3% 12% 8 %~ 100 8% 30 13% 11% 13% 650 25 Feb 13% Mar 44 % 31% July 1% July System (Un) Aircraft Mar Portland class A Convertible (Un) 30% Jan North American-Aviation 15 Apr North American Car 7% Jan 13% July 46% July North American 90 30 90 Jun 100 Apr 1,700 63 Jan 81 Jun 69% 73 432 29 3817 July 18% 6,700 14 Apr 81% 18% July 200 73% Jan 81% Jun 40% 753 38% July 47% Apr 38% 31 31 % 21 22% 29% July 950 20% 26 11% 2,300 11% July 28% 6,700 28 16% 17% 900 2 30 National Tile (Un) York Illinois Northern RR Central 5 7.50 Auto 5 l General Electric Co (Un) General 1 Corp common Corp Safety Co Bros 210 22% Julv 1,700 7% Jan 10% July 2,000 7% Jan 8% May 8% Apr x7 % 300 5% Mar 28 150 26 % July 36% Feb 1,550 3Va Jan 255 54% Jan 71% Jan 85% Jun Pure Oil Radio 400 2% 23 5% Jan 2% Jun Jan 29 May Jun 7 Jan 13 150 12% July 14% 17% 17% 250 19% Apr 28 % Jun 33% Jun Feb 750 100 28% 50% 52% 332 49% July 52% July 19 19 50 18% Mar 21% 8 __ 7% 7% Jan 8 50 7% July 8 2,200 6% July 17 1,800 10% 100 29 29 18% 10% 18 29 8 Feb July 11% May 4% 14% 14% 16% July 9% Jan 22 50 24% Jan 29% May 4% 500 3% Feb 15% 3,700 11% Jan 15% 5% May Jun Jun 15% July 16% 16% 16% 600 12% Mar 16% July 37 __ 37 300 24% 42 16% 17 2,850 8% 400 10% 10 % 10% 7.100 28 27 28% 600 17 17 — 8% - — 25 16 8% 10 Jan July Feb July Jun 21% Mar 9 % Mar 13 25% Jan 33% 16 Jan 19 11% 12% 10% Jan 18% 12% 2% 600 2% Mar 6% 8 29% 29 30% 1,600 35% 38 36% 38 600 28% July 26% Mar ft 25 class Mar Apr May 2% 1,750 38 Apr Apr Feb July #0 100 3% July 4,700 9% 2,900 11 Feb 18% 19 VB 282 17% Feb 21% Jan 24 _ 4 9% 24 100 19% Jun 24 Jan 3% 4 _ . 7% July 5% 4% Jan 7% May 18% 7 % 800 17% 18% 400 15% Apr 18% 16 7% 18 10 A 33 %c of Colorado (Ind) Corp 16 100 15 Feb 16% Jun 18 19% 14% Jun 19 % July 7 108% 111% -- 9,200 Apr 564 107% July 2,500 7% July Jun 139% May (Un> Co • 1 12 Mar 25 % 25 26 37% 500 26% Feb 37% July 15 16 % 3,600 12% Jan 23% Apr 7% 7% 100 6% July 9% Feb 11% 16% 8% 35% 25 % • of Corp —• 7% 24% 8% 10 com America (Un) Radio-Kelth-Orpheum (Un) 5% May 40% July 48% 29 Feb 35 May 10 78% Mar 90 Jan 16% 16% 44 16% May 17 Jan 15% 14% July 22 11% 41 36% 10% July 23% Jan 38% 160 23% July 25% July 1,124 24% July 30 Apr 9% July 5 Apr 1% July 12 Mar St 6% July 1% Jun 50% May 8t — Jan 1,520 Apr 9% 1% 11 6% 1% 650 300 500 46 1,300 5% 6 1,050 41% Jan 5% July 8 Jun Rand (Un) Republic Steel Corp (Un) 3,700 68 % Jan 98% Jun 15% 1,220 14 % July 18% 50c • Remington Rexall Drug Richfield Oil fMrhman Light 8c Public Service * A Schenley 143 5 July 40% July 48% May 41% 550 40 46% Jan 6% 6% 300 7 Jan 20% 100 Jun 6% July 7 % May 20% July 4% Jan 26% Mar • "5% 5% 3,750 • 1% com Electric Co Industries (Un) Sangamo 300 20% — 2,700 5% 45% Power— (Un) delivered Louis Jun 38% 5% 40% 5% • 5 Paper Co 14% Mar 43% 38 * (Un) Or Bro» Joseph When 2% (Un> Corp Schwitzer-Cummins 84 31% 30 31% 600 26 % Mar 34% May 38 36% 38 615 29% Mar 38 5% 1 10% 10% 10 3 4 50 * Co 42% 41% 42% 2,400 6% Jan July July 12 Jan 40 July 48% Jun 14 July 17% May 9 % Feb Gray Drug Stores 7% 7% 7% 1,400 7 37% -- 38% 220 32 23% 24% 465 22% July Vb Apr 10 % Feb July 42% Jun 31% May Sears Roebuck & Co 14% 14% 53 —— 55 210 44% Jan 55% May 13% Feb 2,900 11 15 28 28 23 15 1,200 11 11 Jan 2% 14% 10% 14% 10% 14% .100 150 11 9% July 1% Jun 2% Jan Investment Securities St Louis Serrick dnellmar Slgnode Sinclair Co of common common Prod Jan Jan South 24 25 Jan 28% Jun Southern 400 II Apr 9% July 21% July 12% Jan Southern 10% Mar Southern 22% 23% 250 31% 100 250 10% July 44% 50 41% July 44% July 850 23% July 13 Jun 25% 24 25% * • Steel Strapping Corp Oil 16 3,270 14% 11% 44% — 15% 14 15% 1,600 12% Jan 31% May 15% May 28 % 27 28% 3,600 22 Jan 28% May 5% 5% 100 20% 21% 7,600 22 23 Feb 11% 10% 14% 10% — • Corp 10% July 14% July 9% 14% 11% 15 Co 1 15 Society Brand Clothes Inc Socony Vacuum OH (Un) 200 1,700 10 1 * Corp class B Shell Oil 11 Great Lakes Service 105 2 For footnotes see oaare 41. 100 6% Jun 61 Service 235 9% Brewery- 17% * Switch Electric Public 90 2% (Un) 421 25 23 1 Pepsi-Cola Co (Un) 33 9% Dredge 8c Dock Towing common Cooperage class A (Un) Pennsylvania RR Peoples Gas Light 8c Coke 41% 1 Lakes 2% 214 6% Jan 90 • Western 8% July 74% • (Un) Pictures Coal Co common prior preferred 5% 62 Goodyear Tire 81 Rubber Co Co 30 Jun 14% 8 H) Feb Apr 12% Airways (Un)_2% American World Penn 69% Gossard (W 35% 78% • Graham-Paige Motors Pan Pea body May May 1,500 3% 6% • (Un) Car Motor 36 15 • __ Packard 25 8% 3% 11% 20% • (Un) Co Jan 10% 7% 8% July 15% July 24 25 2% — Jan 23% 8 2\k 850 31% * Co 17 84 1 Razor (Un) Jun 1,700 1 Edison 25% 5 Refrigerator Co Gillette Glidden Jan Jan 7% 8% * Patterson-Sargent Co 10 Utilities 5% May Jun 31 60 15% • (Minn) Mfg Co 17% July 7% 44% — 28% Jan Apr July 31% 2% 12% Mar 10 6% 1% • 23% 8% -I Co Shoe River Raisin 11 919 23 20 — Corp Paramount 14% 10 Corporation 1,100 May 31% 16% 28 Apr 15% Warrants Ohio 40% 90 1 America Inc Oak 56% 72% 36 % May 4% 17% July 21 % July 10 14% May 33% Mar 29% July 5% July 27% 2 * Bush Nunn (Un) Corp Bsncornoration Northwest Public 10 Co (The) 31% 8 "3% 31% July 200 —1 (Un)....——" Mfg & July 22% 15 (Un) Jan 11% 28 x7% 100 Feb 37% Mar 11% 1 31% 6 —10 National Stamdard Ohio Oil 28 5 2% July 8% Mar Mar 100 12 de Nemours 34 17% 39 30 A 28% July 81% 81% • 20 class 80% May 210 20 Corp 65 % July 29% 17% 30 Corp Jan 44 500 6 2 Co 66 5 Apr 54 100 3% 28 9 Cooker Pressure July 90 10 23% 100 46% 40 " July 63% » (Un) 19 45 7% July 18% July 240 2.50 50c Muskegon Piston Ring Co Muter Company common 10 % 65% 50 Nav 600 • 25 400 common Corp Jun 8 Specialties— Motor 11% July 46% 7% Mar 17 * — Montgomery Ward 8c Co Nash-Kelvlnator Corp 45% 10% 24 Jan 150 25 Cement National 46% l Apr Apr 14 28 1 Minneapolis Brewing Co Feb Co__* 1 13 % 22 25% 28 10 Jan 5,467 preferred (Un) 28 1 vtc common prior preferred $1 New 30 10% 50 x42 5 * Corp Hart 8% July 18% May 350 • 200 28 Piping 8c Supply. Midwest 2% 2,400 17 Jan Jan 16% Mar 13% 21 7% 31% • 38% 11% (Un)__l Brewing Corp Qrlesedieck Jan 5 30% 2g Manufacturing Bros Jun Jun 3% 10% • Edison Dow Chemical Co Greyhound 6% 17% 12% 5 Jan 15% May July 100 14% 40 Inc Muskegon "29% • Co Inc 7% Feb Jun 12% _25 Co • 12% 30% l 2% Jun • 1 Co Goldblatt Jun 3% July 12% July 285 1% 1% 2% 1,900 32% 31% i Inc July Jan 27% July Jun 12% July 55% Feb 1 Illuminating 6 4 1 Brick Food Products 200 ,100 9% • Jun 2% 0 Portland Cement Co 550 * common 5 July 12% July # (Arthur G) class B„— Medusa 14% 10% 10 1% 19 46% * 41% July 16 17% " 13% 23 7% 8 1 Louisville 12% a common., 4,250 14% * 8c Chem common.— _* Manufacturing class B__^—1 56 1 100 6% 23 * Lt 12% 50c (Un) 600 13 % 6% 13% 10 Printing Co common 13% lo 6% 25 — common 16 1 5% 13% 5 25 Jun 40% 42% 5 5 5 4 Lonergan 250 48% 47% Jun 103% 100 6% 15 12% 2 % 18% May 125% July 210 1% 48% University Co Co(Un) Gas 26 % May 121% 125% ~6% 10 —33%c Kropp Forge Co 25.% May 29 Curtiss-Wright Corp (Un) Greif Jun 1,400 July 10 Corp Motors 3% May 18% Mar 4% Northern States Power PuhUc 9 July 4% 4% 1 Knapp Monarch Co— Koppers Co Inc 24 i2'/a Co General 7% 15 Jan 20% July 35% 2% General 1,600 10 450 60 (Un) Finance 15% 15 18% May Box 23% Mar 7% July 20 Drive 30% xMar July 2% July 13% May 11% Apr Jan Four-Wheel July 18 12 300 200 1,000 250 common Flour Mills of 23 2,700 2% 1,150 Missouri Manufacturing 2,600 18% 2% 1,600 Modlne Manufacturing Co Paper Corp 24% 18 14% Feb Eastman Kodak 23 18'/a 17 Jun (E I) Apr 13% 34 Finance Jan 16 9% July Jun 16 18% Doehler-Jarvis 47% 46% 23% 1 July Cleveland 13% July Mar 38% July • 25 & 900 38 - Jun 33% Mar • common 200 Mfg 10% 75 Co Switchboard 29 Continental Motors 9% 25% July 13% July 500 775 ♦ (Un) 28 Co 45 39% ,27'/« July 9% Kellogg 1% 42% Consumers Power Great Katz Drug Light 8c 28 Cumulative 43% 38% Jan * 8 Consumers 45 4% • 19% Mar Vultee 300 38% • preferred Mar Iron 7 Electric— 8c 13% July •Consolidated Gibson (Un) Tel 8c 14 Gas Domestic 7.5u • 50 (Thei Columbia General 34% July 29% May 1,800 Commonwealth Falstaff Jan 425 16% Foods Coleman Elder 32% 1,900 13% 16% $4.50 preferred Cleveland Electric Eaton 200 29% 14% Cliffs Apr 34 % 16% Products Cleveland July 17 13% 16% Sendee 46 Jan 34% Light Power 25 11% Chrysler Corp Eddy Kansas 23% 10% Chesapeake 8c Ohio (Un) Chicago Corp common Chicago Mil St Paul & Pac vtc Chicago Rock Island & Pac RR du Pont & 1% 2% Chicago Towel Co Jan 14 26% * 15 (Un) Stores 22% 41% Century Electric Co Dodge Power Brown 24% 23% 1 Products 15% May 34% 29 7 • „ • e'ertain-teed 9% July 672 1,350 45% July Harvestei Laclede-Christy 9% _____15 Inc Pacific 16 % Jan delivered When Miller 8c 111 Secur Corp common Detroit Jan 750 " Crane 16% May 161% May 33% May 146% 33 * Erewing Corp Central 8c South West Corp__ Central Illinois Light Clinton 22% Mar 38% 8 Carr-Consol Biscuit City July 11% July 32 % 1 Centlivre Cities Apr 36% lo Manufacturing Burton-Dixie Corp "entral Jan 9% 32% _2Va Corp Co Bros 350 46 15 37% (F) Burkhart 16% 1,145 (Un) Co Butler 26% • (Un) Bigelow (E Budd 850 3,300 1 Corp (E J) Erown Shoe Co Jan 4 38% 10 Corp Brach & Sons Apr 50 0 W) 10 43 __ Apr 3% 8% July 2% July 12% 3% 1,200 1,500 * common 8c Eorg 39 6% 3 Manufacturing Co Laughlin Inc Bliss Jan 5% July 450 May 45% Gaa 200 30 43% Tel 3,000 Mar 45% Packers Ltd Illinois 7% 21 100 Iowa 6% 100 27% International 24% ~7%. Steel Jan 23% May 6% 4 Brewing Corp Bethlehem 17% 54% Jan Apr 23% Apr 27% Paper 6% 100 Aviation Berghoff 22 * common Eastlan-Blessing Co Belden Mfg Co Bendix 24 July 4 __ Shoe Co 7% Corp Mtg 19% Jan • International 6% 1 Corp Avco 490 1 preierred___ Santa Automatic 22% 3 Light 8c International • 5 convertible Products 22 % 10 (Un) & 22% 100 (111) Topeka Athey San Oil St $1.20 41 1 (111) Manufacturing Co Refining Co com Ashland Atch Co 860 High 30 28% May Kelley Island Lime 8c Transport Stand Copper & 44 % l (Un) American Armco Steel Co 41 • American St Low 1 __ Laboratories American Raage Since January 1 j Bearing Affiliated Gas Equipment common Allied Shares High 5 Advanced Alum Castings Aetna Low 3% Jan 7 Steamship Co Week's Par July 1% 1 Steel Friday STOCKS 22 • Indianapolis Midwest Stock 450 common Prod Steel Inland Jan 600 9% __ • 4% 3% 23 % __ tuu Tool Pneumatic 43 23 Vie 23 __ 10 RR Central Independent 3% 36% July 3% 23 50 Brick Illinois 3% 10 $6 preferred MINNEAPOLIS __ Feb Bend Lathe Works ft Co Indiana Pacific Southwestern Gas Gas 8c Elec Co & 5% pfd—100 16 Feb 100 15% Jan 3,600 5% Jan 21% July 23 July 60% — 10% July 13% Mar 20 10% • • Elec 21% 5 4% May 20 % 600 19 23% 60 61 700 50% 109 109 15 10% 10% 109 July Jun Jun 61 July July 109 July Volume 172 Number 4929 ' The Commercial and Financial Chronicle ... \-* ' '-11 . f>i,' ,• (411) y 9® OTHER STOCK EXCHANGES RANGE FOR WEEK Week's Sales Last Range for Week Sale Price of Prices Shares Friday STOCKS Par Spiegel Standard Dredging Corp Forgings Corp Standard Standard Gas & Standard Low .___2 Inc Oil Oil Standard On Standard Oil Standard Steel Jun ... 10 —10 '—-r. 1 (Un) 20% 3% Jan 9 July 11 % July 6% 300 6 July 6% July 55 >/4 3,313 Jan 55 y4 July 35% 36% 70 July 38% Jun Air 731/e 77% 1,187 66% Jan 79% Jun Alaska Juneau Gold 30J/4 885 25% Jan 31% Jun Alleghany 20% 21% 460 18% July 25% Share* 11% 12% Feb 14 42% 34 1 Aluminum Products. 11 50 May Low Par Abbott Admiral Corp Container Storkline oorp Furniture Studebaker Sunbeam of Texas _ _ Reduction Co (Un) Airlines Inc (Un) So 12 13% 5.800 10% Jan 35% 36% 804 33% Jun 37% Mar 13% 13% 50 9% Jan 15% Mar 671/4 69 & Salle La 69 Air Western St 9 — 5 a Corp 59% 16% 100 27% 1,350 18% 72 71% Jan 14% 930 16'/a 27 18% — Carbide Apr 17% 35 24% July 15% Jun 1,800 15 % 121/4 281 15 395 United Air United United Corp (Un) Light & Rys Co Linea United Paramount Inc 20% a86% a85%a86% 33% 33% 33 33 J an 88 Jun 351 23 Feb 35 July 559 28 Mar 31 July 50% Jan 20 48 Jun 43% 2,600 41 July 16 13% Jan 3% Jan July 15% July 23% 37 Jun 18% 3,600 3% 1,638 14% 300 17% 17% 300 341/4 36% 11,800 12% 12% 430 30 31% 645 & Co.— Tel & (Uri) (Ill) Co. (Un) — 100 — 2.50 P10 Imperial Diesel Engine Big Wedge Mining Co (Un) Corp common 32% 5 Top & Santa Fe Avco Mfg — 20 Anglo Calif Natl Bank Atchison — 50 Copper Mining (Un) 32 % 69 % 767 9% 200 1.22% 122 % 7% 312 . 6% 13 7% Jan 65 al3% al4% 12% 12% 33% May 39 9c 685 Feb 10% Jan Apr 1221/2 July % 9 5% July 205 6% 161% May Jan Jan 104 1,492 7,900 6% 12 6% 12 7% 3 70 33V4 9% • 146% 27c July Apr Jan Jan 9% Apr Mar 5% 13J/4 Feb Apr 48% 3% Apr Jan 16% May Viscose Corp com (Un)___14 American Woolen Co common (Un) * Atok 41% 14% 181/2 Jun 68 Atlas 17% I—10 (Un) 12 11'/a July 53 Jun I,956 Jun 48% — Jan 12 15% 111/2 12 _♦ 149% 150% Jun May 43% • Carbon dt (Un) Jan 3% July a54% a55% Tel Baldwin Locomotive Baltimore Union 9% 111/4 — 12i/4 1 20 — San Jan 3% — Anaconda 13% 27 Stan & American 14% July 13% Mar _2 Jun 1501/2 69 % Mar 2,350 —5 25 July 2% 24 21/4 3% — 100 Armour Co Apr 2 J/4 24 2% 3% 24 3% (Un)_• Jan 30 14% —25 Axle 22% 120 700 241/2 1 American Smelting & Refining American 42% __ 295 21% 41 18% Mar 35% May 13% 25 52% Jan 38% Apr 241/2 10 (Un) Factors Ltd Radiator Jan 16 42% — (The> Transcontinental 208 8% Mar Jan Amer July 21% July 170 4 Mining Co (Un) Corp American 25% July 39 % July 100 Ltd— Co (The) Co 7'% 500 1,200 13% -- s. deposit Co 8 J/4 16% 28 21% Apr Jan 8 _ Tool — Timken-Detroit Trane 12% 270 1 _ Machine International Ctfs 7% 16% 26 28 1 Sunray Oil (Un) Swift & Co 8wlft 10 .. — • Corp Sundstrand Corp — 81/4 * tOn; Corp — High 755 41 1 Corp -41 ' 5 .... Low 41 ' Stone Range Sine* January 1 High 5 Laboratories American Sterling Stewart-Warner Sales for Week of Prices Jun 14 ' 77% 2% July 250 29 '/a 55 ' -—*0 100 11 J/4 11% —25 2% 10% 50% _■ com Spring 12% 8% Mar 6 J/4 11% G on; (Ohio; 200 Last Sale Price STOCKS Exchange Week'i Range Friday High Low 10'A San Francisco Stock Range Since January 1 2% (Ky) a 1 High ' Indiana Co ij> lOJ/4 1 Electric. of Standard 28 ENDED JULY Ohio & (Un) RR 13 1 &14 12'% • (Un)„—100 51 May 18 y4 Jun Bendix Corp (Un) _5~ Jun Benguet Cons Mining (Un) PI Jan Bethlehem 10 805 9% Jun 12% July 7% 600 4 »/2 Feb 7% May a47% a48% 1 1 41 41% 245 35 J/2 4.708 30% Jan 41'/a July 7% Jan 16 July 4% 17 Vb Bandini Petroleum 1 6% _. ' U Steel 8 1 ( Un) Theatres 14% dis_7 ex 1 com. • common.. 36% , 14 25% Jan Pictures (Un) 5 Westinghouse Electric Corp 12% White Motor Co Inc Willys-Overland Wisconsin Woodall (Un) . .. 550 5% Mar 8% July 11% 11% 300 11% 13 13 250 13 8 11% Machine — 11% -5 Co a Tube. & — 2 Inc Sheet Youngstown 8% 8 »/8 * Motors Yates-American 21% May 16% Mar 14 1 Bankshares Industries Jun 36 13% July 20% 14 ■ a common 11% 92 89 . 25 15% Jan Jan 13 Apr July 16 Jan 10 Apr 14% 73% 50 454 Holdings Jan 97 Co Budd Sale Price • American Stores of Prices Low Calamba Sugar Calaveras Cement California 16 2.30 2.55 2,897 31 a48% 585 24% Jan 192 49% Jan 51% Mar 170 58 Feb 71 Vis Jun 2,088 14 July 3% Jun 18 J/4 Jun Mar 18% 5% May 6 J/2 — 5 a56% 33% a50 a59 14% 16% — .—,15 5 (Un) 1 Range Since January 1 Shares 31% 34% Mar 29% May 185 2,477 30 3.25 Jun 3% 300 14 2,500 5% 42 6 42 40 39% 16% 43 17% 820 341/2 573 Jan 41% 34% 1-45 41% 34 % 1.60 828 30 29% 30% 1,410 5% May 41 J/4 July 377 2,400 33% July 14% Mar — 4 3% — 4 class Ink A Corp common Co — . Packing Pacific Ry Tractor 43 17% • 25 (Un) pfd_: 4.20% 100 — • of America— Mining Co Corp Eureka — - .—1 — 25 30% Chic Jan 13 30 Jun 1711/4 Mar 18 22 Milw St Preferred Chrysler Paul RR (Un) com • Jun 17J/4 Jun -41% July 37 Jun Mar 1.40 2.60 May Jan 30% 25'/4 July 13 Tel 100 150% Arundel Corporation • 14% 13% 14% Atlantic City Elec Co 10 18 V8 18 19 Vb 1,305 Baldwin Locomotive 13 14 13% 14% 2,660 9% Mar 1% 1% 114 1 '/a May 3% Apr 8% 11% 385 7% July 15% Jan July 13 135 7'/2 Jan 307 29% Apr 35 J/4 Jan 691 63 J/e Jan 83 Jun a74 32 52 68% Feb 78% May 25 66 10 —3% a74 a70% Corp Jan 43 a38 66 a36% 63% — 48 Feb 13 — 100 (Un) Jun July 42 I 161% May 13% July (Un) & Ohio Ry Chesapeake High Low 149 VB 151 Vb 2.10 13% — 5 Co Tile Art Celanese Central High Jan July 14% for Week Par Apr 2.30 _ Caterpillar Sales Range 2% Jan Jun Philadelphia-Baltimore Stock Exchange Week's 47% Jan July II,855 16% (Un) Borg-Warner Corp common Canadian STOCKS 1 1,200 15% 2 1 (Un) Corp Airplane Co capital Borden Co capital (Un) California Last — 4.1 Ve • Boeing California Friday iUn) 15% May 11% July 29 Vb July 600 20% 14J/4 1 _ Wieboldt Stores 31% Steel Bishop Oil CO Blair Bros Warner Aviation Jan American Tel Baltimore 57c & Transit 1st . 4 common 100 Corp 6 % partic pfd—50 11% _• 16% preferred— Bankers Secur Budd . Works Co .—— — Company 60 60 15 Vb 16% 146% 465 10 477 July 60 60 July 12% Jan Jan 14% July V, 18% July Jun Cities Service Clorox Co Chemical Colorado Fuel Gas Columbia River Commercial Davison Co Electric Power & Light com Storage Battery • 10 Fidelity & Deposit Co 627/b 66 Vb 1,030 525 62% July 5 % July 80% 8 Jan 19 25 May Motors —10 oorp Brothers 5 6 Vb 21% 20 19% 20% 346 19% July 241/4 Mar Consol Martin (Glen 38% 39% 260 35% 41% Consolidated 57% 60% 111 57% July 83 78% 84 18% 16 18% 39% -- 8% 1 L) Apr Jan Natural Gas ___ (Un) Co 8% 8 16% 18% 68% Jan 99% Jun Continental 14% Feb 181/2 Jun Continental Oil Co of America 1,515 7 Jun 535 Jan 18% July 10% 11% 1,607 9% July 23% 2,542 21% Jan 17% 19% 11,785 14% Jun 27% May 19% July 46% 18% Motors 46% 20 41% Feb 51 30% 30% 31% 666 30% July 39% 25% 24 25% 7,642 23% July 24% 24% 110 23% July 27% May 26% Mar 4% 4% 1,358 common * common Public Service £1 A Gas $1.40 preference div ' pfd Jan OH United Gas 7% 8% 3,012 33 36% 814 86 86 21% 21 26% 26 July 7 July 4% July 8% July 32% Mar 54 Apr 20 86 July 91 Mar 21% 2,290 21 July 26% Improvement 26% 176 26 July 30% Baltimore Transit 23% 24% 1,439 20% Apr 24"% July 78% 78% 82% 405 66% Feb 99 59% 62% 261 55% Jan 3% 3% 3% 944 3% Jan 63% May 41/4 Apr 24% 22% 24% 31 24 20 Curtiss-Wright 10% 17% July 17% 17% 1,035 7% 8% 420 32 7% Di Giorgio Fruit 11 July 35% 35 % 1,423 27% Jan Jan 1,439 250 Doernbecher Dominguez Dow 50 102 J/4 427 17% Feb 1,470 7% Jan 10% July com__5 14 '/a 14% 207 111/2 Jan 20% May 14 14% 1,229 111/4 Jan 20 J/2 May 3% 3% 600 22% July 29% Dorado 27 32% Electrical Products 31 J/2 33% 1,409 29% Jan 36% May 59 J/4 59 »/4 265 58 J/2 Jan 6% 6% 200 6% Jan 70% May 7% May 72% 70% 72% 1,324 611/e Jan 81% Jun a40'/8 a40% 9 9% 149 46 J/4 Mar 48% Apr 1,225 8% July 15% 257 15% July 10 6 9% 15 (Un) Corp ~ 39% iV 40 2,500 34% July 54 46% * General Motors Corp.. A% Sales Last Range for Week of Prices 8hares Duquesne Brewing Equitable Gas Co Steel Follansbee Pitt • .8.50 . Corp 10 — 1 Brewing Harbison Walker Mountain Fuel — 10 34% 290 15% 75 21% Jan 34 % July Hale 14 Apr 17 May Hawaiian 11 Vb 11% 10% 105 11% July 10% Jun 14% 10% 14% Feb 19% 19 19% 1,322 19 July 24% 17% 17% 25 12 Jan 17% July 12 12 50 11% Jan 17% —— — 23 18% 5 24 18 18% 3% 4 130 Apr Feb 175 20% July 24 28% 409 46% 1,676 206 46J/2 July 50 '/a Mar Pittsburgh Pitts Plate Screw & 18 25 May July 3% July Corp Co Renner _ 31% 1* — r — 1 2% 2,500 36% 100 32 y4 31% 32% 340 31 8% 131 8% _ 60c 65c 9 65C a & Bros Reymer 10 2 2% 36% —— 25 preferred Glass Bolt Bros Standard United Mining Steel Westinghouse 8c ... 9 7c 8c 6% Feb Jan 4 vtc— 42% Apr July 6% Mar 450 60c 206 9 Apr Air Brake— _ For xootnotes see page — 41. 50% Jan Jun 79 84 3.709 71% Jan 98% 11% 11% 400 111/4 May 14% Jan 23% 23% 21% Feb 29 15 16% 12% Jun 16% July 72 Jan 72 Jun 54% Apr Feb 550 • >1,892 30 a52% a55% 369 2 2% 1,050 41 41% 9% a55 % 10'/a 2 -67 44% Jan * 2'/a Jun Jun 515 1% July 35% July 43% Feb 1,040 9% July 11% Jan 16% Feb al5'/a al5J/2 80 17% 18% 878 2.4.0 18% • Oil — 2.35 Power Mines Corp (Un) Co 1,715 21 40% May 8% Jun 95c International Tel Johns-Manville 13 Jun 16% Mar 19% May Feb 2,35 July 1.60 79 6 100 78 J/2 80 3,561 al4% al4% 10 13% 200 1.40 4,090 13% 3J/4 49 Feb 7 Mar Jan 81% Jun 13% July 9% Jan 1.30 1.40 1 a34 a34 30 —_—33%c 10 10 «/4 400 _ 1.30 38 17% May 13 J/s July July Mar 2.05 38 Jan Mar Jan 12% May 25 J/2 Mar 30% May 9 J/2 (Un) & Tel Corp com (Un). • a 30% a30% ac0% 140 10% 575 9% Jan 16 Apr a37J/e a37% 80 46 J/4 Jan 51 May 7 3,773 9% 10% (Un)— _♦ • „ Feb Kelser-Frazer Corp 9 July Jan 100 18% Jan 25 Vs 6% Jan Kern 28 July Leslie 35% 1 8% • 6% 6% 4 J/2 Jan Jun 300 28 27% 28 485 30 31% 347 29% July 4% 6 20 common Int'l Nickel of Canada 11c 31% 4% ' Corp Idaho Maryland Idaho Apr July 12% 4% 1 1 • Hudson Motor Car Co 12% Hunt Foods Inc.. ;—„———6% Honolulu 7c 2,860 4% July 24% July 1 July Mar Jan ___• common Westinghouse Electric Corp 21 1 Spring States Glass Ltd Holly Development Co Holly Oil Co (Un) Kansas San Toy 4iy« 72 23% * Inc Stores Pineanole Co Independent Exploration .2 V? convertible $2.50 25 Jun 395 200 PltwjDurgh Brewing CoCommon Jan Jun • Refractories corn- Supply National Fireproofing Corp 32% May li May 29% Feb High Low 11% —Is _ Bangs Rises January 1 High 15'/a 34 Vb * 9 System Gas Low■ Par. - Co Blaw-Knox Columbia ■- Steel Ludlum Allegheny Fort . • 1 * 14 421/3 July 'A July 45 % 100 Rubber (Un) Graham-Paige Motors (Un)— Great Nor Ry non-cum pfd (Un) Greyhound Corp _ & 12% July 36 J/2 600 28% 84 .10 preferred Goodyear Tire 1,311 , 12% Feb 231% Mar a45% a47 % -- a (Un)—.... 50 12% al2% 38% % .10 (Un) 35% Mar a ..4 39 % Feb 15% -- ..1 1975 Jan 31% Oil Works Electric Bond & Share Co 4 31/4 July 59 J/4 a40'/« General Foods Con? Week's 105% May 25% July Hi Bridge (Un) de Nemours (E I) Pont Apr Apr 104 »/2 104 J/2 4 (Un) Chemical Co common Dumbarton du Oil Fields Co 49% May Sale Price ;■ Jun 10% Co Mfg 32% July Friday • Jan 36% 25% May Pittsburgh Slock Exchange ■ 14 10 % 104% 15% - July 61 J/2 May Jan 332 • class A Corp $24,500 i 8 J/4 Jan 57 11 25% (Un) Corp 40 . Apr * 4 (Un) Amer 34 % STOCKS 6% 15 11 25 v 451/2 Jan a74% a74% — * July 5 of 1978 i 5s series A 26% July 43% Jan 33% May 73 5 . Co Steel General Electric Co Co As— Jan 37 881 —1 Preferred Crucible El BONDS * 43 230 23 1 Feb 62% Coal Jan 37% Feb * — Westmoreland 8% 36% 4 -1 13% Co Corp United 4% 50 • Reading Co Paper common Scott Sua Mar 331% Mar Jun • * 4 20 3 100 3.60% 21, 27 5 <Uni__ Inc„ Class B common Co 10 Apr 28% July ' 37% a40% 1 (Un) (Del) Zellerbach Corp common Crown 12% May 22% Edison Apr 16 J/2 155 216 8% July 10 11% Corp Jun a40% a43% 4 15 Aircraft common_l Vultee 240 23% Philco Jun 19 14 Yb May 9 J/2 64 9% al7 a28a29% 9¥2 al6% Consolidated Edison Co of N Y (Un)__• 5,479 l Potomac — — 35J/2 July 15% Apr Hi/2 July 68% Mar Pennsylvania Power A Light • Pennsylvania RR 50 Pennsylvania Salt Mfg common—i_10 Pennsylvania Water & Power Co * Philadelphia Electric common $1 div preference common Phila Transportation Co com... Participating preferred 9% .„ 31 50 ' 177/a t-fcxmroad Corp 4 ' 10 Lehigh Coal & Navigation 21 25 Creameries General Gimbel all% all% 32 * (Un) (Un) Edison Ccnsol Chemical Indus class A. 5% 21% July 31 al8%al8% all% Jun ! 5% (Un) — • common Packers Solvents —•—' • 1 13 V2 Chemical Corp Delaware 65% 2% Iron System com 750 * Co & Columbia Commonwealth Chrysler Corp Curtis Publishing (Un) Jun Power Kennecott & Copper Light (Un) Corp (Un) County Land Company Salt Co Libby McNeill & Llbby 5 10 7 a 14% al4% al5% 57 60% 903 60 16% 50 Jan Mar 7% Jun 19 Mar 60% July 3 54% 740 45J/4 Jan 58 Jun 33 33 J/2 450 31 Apr 33% Jan a7% a8 100 54'/a * a8 7% Apr 8% Mar < 36 (412) The Commercial and Financial Chronicle . . Monday, July 31, 1950 . t OTHER STOCK EXCHANGES RANGE Friday STOCKS Week's Lockheed Aircraft Corp Inc (Un) Macy & Co (R Maunavox Co H) 33% • 1 Calculating Martin Co (Glenn) Machine South M J Power ft M ft Monolith M & .Montana 20 23c • North American North ■ Co 18 * North American 5%% Invest 6% Northern Oil Pacific Railway Occidental Petroleum Corp 382 19% July 51 % July 23% July 28 360 17% 21% May 766 14% July 8% Jan Oceanic Ohio Oil Co common Oliver United Pacific \ common (Un) Amer Coast Pacific 6% Gas & Corp Electric 20% July 24% 366 7% July 11% Jun 11% 19% July 10% red red 4.80% Pacific series preferred A 54% 55% 665 40 Jan 21% 23 1,678 18% Jun 23 25c 27c 4,200 22c Jan 46c 1.95 preferred Pacific Tel Packard & Motor common common Pan American World Paraffine Companies Paramount 100 (Un) • Airways (Un).2.50 common Pictures Corp Pennsylvania RR Co (Un) Pepsi-Cola Co (Un). * (Un) 1 50 Inc capital Pure Oil Co of Keith Ry Equip & Preferred Jan 9 % July 11% Feb 3.00 May Apr 34% May 37% July 29% Mar 7 415 14 1,734 380 7c 500 Studebaker 13% Swift & Jan 28% 285 28 28% 200 28 28 % 640 27% July 35 Jan Jan Jan a41% a42% 13 Jun Texas Feb 5% 366 42% Feb 47% 610 35 Jan 45 32 Feb 58 a3% a3% 20 3 May 22 2.338 16 Feb 34 2,530 29% Mar 31% __ — a26%. 2,010 32% 1,110 a25%a25% 90 a26% a26% 50 28 25 2 18 5 10% * __ — a97/8 • bf Calif • 69% 25 a547/8 __ 37% St Oil Co of Air 29% Jun United Corp Lines 49% 1,221 48% July 55% Apr 15 United 28 270 a28 44 28% Jun 29 34 296 33% Jan 36% Mar Jun 22% 14 Mar 18% Jun United Par 375 14 July 16 Jan U 24% 24% 386 23% Jun 25% >18 18 620 10% 10% 814 59 % 61% 3,359 a30% a31% 188 533 99% July 111% Jun 4"% Jan a69 '% a3% 12 3% Jun 9% 9% 2,035 8% Jun 14Vb 13% 14% 1,752 19 19 275 __ 18% 18 18% 1,692 Victor 10% Feb 13% July 21 Jan 18% 21% Apr } 18% July 11% Mar I Sugar Jan 30% July 11% May Jan 23% Mar 61 Jan 72% 42% Jan 49% July 68% 69% 3,004 a51%a547/s 196 75% 75% 505 66% Jan 79% Jun 27% 28% 575 25% July 36% May 35% 59% 69% May 30% May a68a69% 197 43% 41% 43% 660 28% 30% 3,237 a3l%a33% 30% a32% 17% 1 — 71 Co Equipment Co Warner Bros Westates Preferred 23% 13% Jan 31% May 18% July 1,241 3% 3% 100 Sugar Lines'Inc 54 July Western Air 58 Feb 71 July Western 565 Department 14% Feb 18% 285 35 Jun 37 a35% a36% 70 May Western Pac 27% Mar 35% Jun Western Union 12% 23 Apr Westinghouse RR 16% July 13 July 20 % Feb Jan 37 Jun 41 Feb 58 53 3% 3% 615 7% 450 392 13 13 266 280 15 88c 3,013 5% 5% 57/a 2.70 — 24% 24% 354 805 Feb 11% July 266 July 69c Apr 3.75 (Un)_. Stores -.1 ... . 9% 50c. 8% Jan 16 Jan 300 Feb July 1.25 Mar 4% July 7% Mar 16% 1,553 a7% 20 7% Apr 9% Feb 10 10 Willys-Overland 225 9 Jun Feb 54 13% Woolworth 53 80 46 74 Feb Yellow Elec (F Cab Corp Motors W) Co (Un)J (Un) 38% ___* a31% 12% (Un) 1 .(Un) 10 common 1 9% . 21% 730 Feb 7% Julv 25% July 9% Feb 17% L* common . _18 524 16% Feb 19% May 38% 38% 175 30% Jan 38% July 287/s Apr a30a31% 131 8 __ 4% 100 20 31% 760 29% Julv 8 8 802 ;43 44 932 4% 4'% 450 Mar 5% 43 Feb July 3% 36 Jun 8 July 50% Apr Apr Jan 5 CANADIAN LISTED MARKETS RANGE Montreal Stock FOR WEEK ENDED JULY 28 Friday Exchange STOCKS—- Last Sale Price Canadian Funds Par Friday Sales Last STOCKS Week's Range for Week of Prices Shares Bale Price Par Abitibi Power & Paper 30% 12,485 23% 24 1,980 16% 22% 16 16% 2,155 13% 71% 70 75 3,615 523/4 pfd 25 26% 27 90 7% 7% 7% 430 100 70% 70% 70% • 10 29% 29 30 647 1 1 » Corp Bithurst Power Si Paper class A f * Light ft Lruck Forest Power Corp Ltd cl Canada Safeway 1,125 Jun Canadian 75 July Class 27 Mar Canadian common 15 15 430 35% 35 36 1,790 Series Converters class A pfd B 23% 23% 23% 200 — 6% 6% 97 6 % July 9 5% 5% 66 5% July 9 Feb 27% 27% 227 26% 28 Jan 20 * Cottons 6% Foreign Investment Jan 9 70% July 82 Apr Canadian Locomotive 24% 34% Jun Canadian Oil preferred 25 common • 29% 911 25 Jan 34 40% 4,442 39% Feb 21 21% 42% Jun 5,489 Cockshutt Plow 19 Jan 24% Jun Consolidated 15% Apr Consumers Glass • 32% Jun Corby Distillery class A Jun 14% 14% 315 14% 25% • 30 29 30% 2,758 30 29 30 244 3.95 A__ 28% 3.80 4.00 26 9,420 2.75 273/8 Jan Jan Mar Canadian 32% Jun nnminmn Bridge 19% Mar Dominion Corset Co Dominion Dairies common 85 25 31% 710 30% 36 36% 850 34 Jan 42 29% Jun 29% 1,305 29 Jan 29% Jan 10 24 24 Ltd Steamship Corp 175 19 Jan 9% 9% 125 8 100% 100% July 4%% pfd 10 common 100 383 14 5% preferreed Canadian Breweries Jan 23% Jan 41% Mar East For footnotes 23% Eddy • 100 100% • 23 % 50 • see page 41. 0% 23% 23% 153/4 July Jun Jan 8 Mar 36 Seagrams 393/4 39% 40 301 34 20% 20 % 21 1,875 20 104% 25% 105 Jun July 10 July 14 Jan 15% 28% Jan 40 % May 22 May Apr 12% Mar 24% Jun Jan Jan 30 105 30 23 23% 385 22 % July 31 May 15 16 490 15 18 Mar 18% 19% 15 15% 460 102 104% 3,035 8,798 __ 23 • 43 26% 26% 100 8% — • 9 275 9 9 50 July July 16% Mar 14 36% 20% Jan Jun July 17% Apr 91% Mar 106% Jun 22% 8 8% Jan 28 Jun 12% Apr Jan 12 Apr July 22 23 1,925 Apr 44% 690 19% July 39 % July 27 42% 48% Jun * 12% 12% 200 12 July 14% Jun * Ltd Dominion Foundries ft Steel rvmv^nn Glass 8 8 50 Feb 7% Apr 30 30 100 Feb 32% Jun 453/4 28 Jan Steel Stores Dominion Tar Dominion Textile ft Cdal * 27 453/4 94 44% Mar 50% Jun 18% 19 2,750 17 July 22% Jan * 40% 40% 50 33 Jan 43 Jun common—* 25 25 25 23 May 29 Feb 10% 11 3,629 10 July 12 Jan 22 22 50 15 Jan 5 5 53 2 Jan 1634 17 145 class Ltd 7% . B 25 18"% Jun 12 % • common Dominion 100% July Dryden July Jan May Dominion Jan 18% 15% * • Jan 375 36% B Distillers 20 Power — • Jun 6 30 25 ft Smelting 4.45 15% 30 Railway Mining Jan 29% II (H) Class 2'44 6 Pacific 22% July 102% 30 23% * 32 * Jun 15% common — * • Companies 29% A Foundries Canada Northern Canada 18% Feb 6 class preferred Iron 11% 40% Canada Cement common $1.30 11 29% B Building Products Canada 11% • 21% Products Columbia Mills 40 20 Canadian High 105 40% 25 Columbia Class A Jan Jun Low 23 105 * common High Jan Jan Range Since January 1 High 23 • Power referred ltlsh 7 Foundry Canadian Celanese Jan Shares 25 & 33% May 24% May $1.00 for Week 105 25 Traction Errish American Bank Note Co Brul8h American Oil common P'itish 26 Jan 23 Sales Range Low 100 • Telephone Brazilian 27 21% • common preferred Class Low 27% 23% II_I* '.uminum Co. of Canada 4% Corp Ltd common 4%% preferred bestos High 30% • Ltd Bronze Canadian Car * Argus A 5% 20 common $1.50 preferred Algoma Steel Aluminium Low Canadian Week's of Price* & Chemical common Paper * 11 • Jun Jan Kootenay Paper Co Power class * A preferred—20 5 — ' Apr 7% 5% July 3,670 1 ■ ' . 19% Mar 15 % 4 75c — Jun 26% 86c (Un) 4% 50 1 .9 100 Telegraph 15 July 3% July 5,559 367/a 6% Apr a7% 54 7% 30% July 4 Indies 335 • 50 al7,/2al71/2 t §0% May Jan 18% al6% al6% t Jun 25% 16% 35 19% 425 1 17 Jan — 1 'Un) Jan Jan July ' 37% May 40% July 24% May ,53 —5 A (Un) 37 16 __ 36 % —10 (Unb common 71 __ Oil common Pictures 37 * — • Bank ft U T Petroleum 16% __ —10 : Jun 108 14 % • •'/ Jun a35% a36% 23 (Un)—1 common Jan 9% 21% ► West • 26 % 10 134 1,945 (Un) (Un)__ Jun a97/8 a97/a 5,807 8 I- 13% Mar 61% July 30 pfd— Jun 10% July 14%. 15% common Consolidated Wells Fargo Feb 45 % Mar __ Universal Utah-Idaho a3% 9% __ Corp 17 49% 30 (Un» Theatrtes Corp Mar a20% a20% Feb 100% 101% 101 Steel S 28 • Inc of Delaware Gas 1,250 14 __ 10 Aircraft Corp United 28% May 30% Mar 28 15% (Un) California United Jun Jun Apr July a28 -.10 com Carbon 29% May 15 28% 2B Oil 36% , Jun a-. 26% —2 29% 14 — I 25 (Un) Carbide 14 25 (Un) Corp 21% July " 34 — 2 Associated 28% May \ — (Un) Jun Jun 37 31% July a— Jun July 3% Feb 21% '• Jan 2,650 28% 25 Jun 9c 50 (Indiana) Company Jun 21 25 (Un) Tide Water 6c 45 (Unj Co 14 % 36% Mar 44 • 4.88% July Jan July 33 ao 4 481 7 Apr 11% 27 . May 28% 25 . 34 48% Ihc Corp Co — __ 5% Feb 27% (Un» com —- Standard Oil Co of N J Union 36% 28% 644 100 Oil Standard Oil Co Jun 36% 54 : ; 435 July Union 54 common 1 48% May 39% Mar a3% 1 Brands Jun 54 1 Jun 37% 21% Inc common 35% 25 * Spiegel 30% July 180 'Un) Co preferred Co Standard Transamerica 8% • 6% 25% 303 33% Sperry Corp 22% May 48% 32 935 30% 49 • .... 3% July 28% 24 45 0 Co Pacific 16% July 8% (Un) Ltd Jan 28% 28 % 23% 43% 33% July 19% Jan IB Co preferred Southern 250 1,388 465 __ 5 So California Gas Corp ser A pfd Southern California PetroTeum 935 15,923 33% 13% 5 (Un) Edfcon Calif 4 31% Jun 33% 30% — 15 cumulative 16% 30% • __ Realty 100 Jun 38% 7c • .... preferred; 4.32% 4 28% Co Pulp 16% 31 • America 27 1.40 8% (Un) Orpheum 28% July 33y3c (Un) Radio Corp Radio 189 14% July 7% July Phelps Dodge Corp (Un) Phillips Petroleum Co. Puget Sound Pulp St Timber (Un) Pullman 3,730 30% al2% al2% » Tel 2:05 30% __ 35 Jan 1,067 P10 Coalition Standard 350 Jan 23% 38 30% High 24% 36% 14 — 10 1 57% July 225 Low 100 1. Convertible preferred Apr 10 * King 4.08% Mar __ 1 ., Inc Range Since January 1 High a31%a34% Feb 98 90 37% Pacific Portland Cement com (Un)„10 Public Service common.—.* 21% Jan Jan __ common 16% July 76 9% 25 Jan 86 36% 25 1 • 30% i Southern io Pacific 1st 105 37% 28 Lighting Corp 1,315 10 2.05 (Un* Sinclair Oil Corp (Un)— Socony-Vacuum Oil (Un): ' 15% July 20 ... prefererd 16% 16% al6% 4 preferred 1st 1st St Co Southern 16% July 355 — Inc Roebuck Soundview 23% Mar 2,704 20 27c 28 '■ Feb 98 __ jCo class A Mining Convertible 15% 24 1 Jan 16% __ 5% 5% Mauricio Oil Jan 8 7% a Co — • Foods Stores Sears May 9% 88 5 common 23 300 445 98 10 1st preferred Jan 8% * (Un) San Silver Mar 88 Aggregates Finance July 22% • B Fisheries Pacific Pacific 16% 8 88 8 Filters class Fine __ -.10 Signal -OH ft Gas Co clas® A July 10% May — 1 Co Edison Ohio Oil 18 B (Un) Aeronatuical; Co W & a34% • Corp Cement Saieway 23 % May 61% Jun 320 l47/8 — 100 capital 25c 8% __ 10 (Un) July 51% 15% 16% pfd—100 Cons 13c 24% 20 __100 American • 22% __ (Un)__10 preferred North Mar 24 8% 1 33 255 17% 16 % 1 .• (Un) Mar a21 • common 33 286 * (jlass Low 1 (Un) - ; 20,700 > - Aviation American Mar 25c a20% __ S Power . 26c 51 % a20% __ Mohawk July July 8% __ Niagara S 8 10 (Un> Oil Riverside 3.25 May 19% May 10c • RR Feb Corp Manuiacturuig Shell 1 (Un).lO - 1.60 Par common Reynolds Tobacco a__ a28% a28% Natomas Co Central a__ 10c (Un) Jun Ryan 70 6,600 (Un) 32 % Mar 14c Auto Fibres National City Lines.. * National Distillers Prouuci* iun/_. Y 13 12c .National N Richfield 14c Co Corp ttntein Jun 18% July 17% Jun 15, Morrison-Knudsen Co •.Nasb-Kelvinator Apr 31 Feb 326 * ft 24 Jan 10% 265 2,900 'Un> Steel 23 580 1,045 15 3.00 pfd Republic Jan Jan a34% a34% "* 18% 11 15% «. * Incorp 510 28 Shares Rayonler Apr 18% for Week of Prices 34 % July 29 % 14% Sales Range Sale Price / 100 17% Week's Last * High Jan July 2.90 Cement Ward 15 15% Power Montgomery 295 2.90 Consolidated Portland 13% Low 23% 15% Light h, Friday Mines...—F10 Mindanao Mother Loaf Minnesota 28 STOCKS * Utilities JULY Range Since January 1 880 27% — • McKesson & Robbins Inc (Un)—18 Menasco Mfg Co comniua..»L -» Middle 31'/* 127/a __ 1 tUnj Co 15 31% — 5 common Navigation 34% 15 31% Shares High 33% -- * common Marchant Matson Low I Loew's ENDED for Week *f Price* Par WEEK 8ales Range Last Sale Price FOR 15% Jan 23% 9 19% Feb Apr Jun ' * Volume 172 Number 4929 . The Commercial and Financial Chronicle . . (413) CANADIAN Friday STOCKS— Week's Last Par Electrol ux Shares 1 13% 255 13 14 % 235 13% July 16 Jan Fraser Gair Co Co Co of Canada 28 88 27 fJuly 33 Apr common 2,640 24 %v Jan V 32 Jun preferred Powei uraiiineau July 15%, July 98 >28 29 4% & Lime Hamilton Howara 29% 15% 16% 4,685 103 103 10 101 July 109 110 15 110 "Jan 111 Apr * a2.00 a2.00 50 17% 17% 100 95 May 19% Apr I* i — 2.15 July 17 Jiily 3.00 Feb 197A Mar Rubber— Develop Co Atlas Steels Auto Fabrics Ltd Ltd 50 Alabastlne & * Paper Bickle-Seagrave I~50 • » class B 6% preferred Acceptance Corp common $5.00. preferred 30 %' Brown Ltd Packers class B the Lang & common Laura 6(5- Lewis Ltd (John A) 34% A Jun 41% Mar 49% July Canada 27% 12,068 13% 1,495 26% 7 32 21%;Mar 28V4 Apr 13 "July 14% 1 common 25% Jan 26% Jan 6% jJuly 7% Jan 1,710 29% July 41 Jun 100 90 99%!; Jan 101 275 31% July 41 Jun a4% 25 4.25*Feb 18% 65 34% 15 2,975 15 July 29% Mar 143% Feb 18 % 35% B 150 37%f^an 8%; Jan 52% 52% 55 46 Jan 60 20% 585 19 July 25 Montreal Tramways 19 19 225 19 -Mar 20 Murphy Paint Co 23% 175 22%£jun 28% National 7% Breweries al4% 14% V10 Noranda Car Mines 19% 17 20 20 '30 20 'May 10 10% 200 9 11% 300 11 10% al6 Apr 11% Ontario Steel 92 Powell 9% J; Jan 12% 175 al6 15 92 7%', Jan 13 6% 17 100 92 July 94 14%' 13% 141/2 4,194 12% July 22%. 22% 50 21 28 26% 35 25% Mar 29 % 25% 25% 28 25' 29 Jun 25 834 21% Feb 28 Jun Canadian Marconi Company Canadian Vickers Ltd 1 3.50 3.00 3.50 Canadian Western Lumber Co 2 Catelli Food Class 18% 1,135 17 70 70? 50 July July 22% Jan 90 Jan 23% July 37 Jan 36% July 43 Feb 21% 150 21% 29% 29% 701 28 37 37 26 22 1,300 19 July 661/2 68 1,485 63 July 71 20% 1,020 19% Mar 22 Jan 47% 75 38% 53 Jun 47 47 155 44 July 48% Jun 144 144 10 144 July 149% Feb 50 53 Jan 595 42% . Jan 57 925 15% Jan 22 Jun 4,130 63% Jan 93% Jun St Lawrence 1st Corp Series B 1,825 4%% 7% H) ( Simpsons 4 % 9r 50 22 2,773 class A 20% Jun Feb 15% Apr 102 July 104 Jan 12% Jan 22% 27 Jan 46% Jun 17% 17% 1,032 14 Jan 18 % Jun 96 96 308 84% Jan 101% 58 58 130 50'A Jan Press 23 22% 23% 3,172 July 26% Jun 47% 47% 255 46% July 48% 51% 51% 51% 225 51 July 53% May 17% 17% 306 9% Mar 17% July 19% 19% 19% al40 * 20 22 July 24 al40 10 140 May 152 Co • Chemical common Standard of 135 20 Jan 19 250 18 15% 216 29 98% a20% a20% 21 21 • Consolidated Textile Cosmos Imperial Dominion Stores United Steel Ltd Dominion Eastern Paper Weston (Geo.) Steel Zellers 5% 6% 8 A a55c ",,•" a55c al6 al6 25 * 7 30 8% Mar Jan 50 Jan Jan 80 3.00 Mar 2.00 July 300 Jun Mar 1.00 Jun 15 J an 16% Jun 17% 26 Jan 27% May 45c 19 Ltd 7,716 10% 10% 11 435 10% July 16 100 15 Jan 16% 54 35 50 Jan 61 Mar 180 37 July 43 May 7 July 10% Jan Jan 21% Jun 16 — a54 a53 % 38 39 _♦ 39% 7% — 7% 110 20% 20 % 210 • 4.00 4.25 Ltd 95c 1.00 1,300 95c 42'A 45% 4,465 • 18% 18 18% 526 6.00 Jun Jan 45 % July May 14 % May 22 43 25 42 Jan 46% May 130 10 May 12% May 29% — 29% 75 28 Jan a52% a52% 10 50 Mar 50 8 July 8% 1 8% 15 15 50 40% 40% 25 • 40% Maritime Teleg and Tel Co Ltd com_10 Massey-Harris 6%% conv pfd 20 29% 27% 29% 1,355 6% 6% 6% 300 * Distilleries Mica Canada of Minnesota & Corporation 4% Ltd 6% __ a 16% al6% 12 36 % 53 • 35% 16% Royal 5 18% Jun 7 Jan 10% 1,400 85c Jan 1,150 11% Mar Feb 1.00 17% July — 76% 76'A 35 72 — 26% 26% 25 26% 11 11 125 9 1.05 Scotia 6% Light & Power Lt & Co Pr 10 Ltd Orange Crush Power Corp 6% 100 Ltd * of Can 6% cum 1st pfd_100 part 2nd pfd 50 non-cum Ltd common (Can) * Russell Industries Ltd — a20% • com preferred — — — — — * — 18% 950 a20% a20% 71 18% 18 Vs 20 Jan 12 Feb 27 Jan July Jun alio 20 111% Mar 5% 5% 200 5% July 110 54 110 Jun 82 July al08% Jan 22% May . Nova Feb 6% Mar __ * vfun May • ! Ltd Jan 30 25 Ltd Mills Rice Apr 16% Mar 27 20'A 10 Apr 45% Jan 95c 20 May 9% *'* 14% July 18% al0% alO% 10 10 preferred Mount pfd Ltd Ontario Paper Co Jan 1.75 Jan 10% * Ltd Jun 10 10% pfd_50 Co Apr 43 ♦ conv 15 July 24'A • Maxwell 3.75 400 95c 45% .-10 Paper 16% • Co & a • A (Walter M) Power 23% Co Ltd.* (Alfred) Inc MacLaren 22% • Products Ltd Investment Foundation 6% Lowney Co Ltd ' 23 • Hayes Steel Lambert • • Ltd Paper Co Southern Canada Power 6% Standard May ,j '■! ■ 19 % Jun 21, Feb July 7% Feb 113 ' 113 July 110 54 21 53 % Jan 57% Jun 18% 19 al87A al8% 125 15 Feb 23 Apr 5 18 Jan 19% Feb 117% 14 % 120 299 113 Jan 65 100 Ltd—* pfd 117% 80 * 25c 20c 14 % 25c 1,900 Ltd * 13% 13% 137/b 335 * 100 30 Paving Materials & Gas Union Ltd (Can) Canada of Limited Securities United July 13% July July 19% July 20c 40c 120 — Jan 13% July Apr 19% Mar 30 30 15 29% Jan 30 Jan 34 - 34 75 12% Jan 42 Jun * C) (J 27 Mar 30% Apr Band-Ore 98 July 100% Jan Base 21 23 165 750 350 20'A Jan 22% Apr 19 Jan 23 17 7% Gold Metals 50 50 Jan 68 Jun 15 640 14 July 17% Jan 9 9 150 9 July 11% Mar Red 17 75 7% July 10% Apr Bonville Gold Jun Bouzan 24% 14 860 13 42% 42 43% 2,270 36% 26 90 24 6% Feb Jan Jan 5.00 Jun 50c Mar 2.65 Jun 3%c 3%c 500 3c July 7c Jan 35c 3c 46c 39c 4c 20,500 20c Mar 45c May 5,500 3c Feb 5c May 58c 23,500 40c 3%c 8c 6c 3%c 9c 6c 1,000 — Mines Ltd—1 1 43c Ltd Mines Mines 1 Ltd Gold — Mines Ltd 1 — Mines Ltd 1 — 20 9 May Mines Jun 92c Jun 3%c July 7c Jan 7,000 2c Jan 28c May 1,000 5c May 14c Jan July 11c Jan Jun Centremaque 1 Gold 47 % Consolidated 28 Jun Cadillac Central 14% 15 13 26% 26% 5 255A 28 28 200 27% Feb 19 6%c 8%c 73,500 3c 3c 5c 20,500 2%C Jan 7%c Jun 5%c Feb 23c Jun —1 12%c 12c 14c -1 Mines.l 69c aSc 65c a5%c 69c a6c 19.800 55c July 69c July 2,500 4c Feb 10c Jun 21c 4c 14c 8,500 20c July 33c 3,000 1,500 3c July 8c Jan 9c July 25c Jan May Jan Apr Apr 17 Apr Dome 26% Mar East 29% Eldona Jan El Mines Sullivan Sol Gold — 1 * 1 1 Ltd Mines Ltd Ltd Mines 20c 1 Mining Co Ltd Cournor Jan 1 Mines Ltd Ltd Explorations Cortez 42% July 8'Ac 29,000 Gold Mines Ltd Feb 15% July 30 Ltd- Mines 6c * Ltd Cartier-Malartic Jan 26% 240 43c 68,800 39c 3%c Cobalt Lode Silver Mines Ltd 33 1,444 43,070 1.40 Ltd——• 16% July July 35% 35% 1.70 1.24 Jun 1,005 100 1.51 1-38 1 Ltd Corp Lake Gold Lake Gold 23% 7% 16% 1-62 1 Mines Chibougam Mar 16% 16% • Ltd Ltd Mining Belle 20% Mar 20 13 * 63 14% — Apr 16% 25 63 15 Mining Stocks— 30 1,405 25 — * Breweries Canada Ltd — 5 Products Ltd Westeel Wilson 100 23 • common A—' preferred Insurance Ascot Metals Corp 23 • Limited Jan 2.35 com Lakes Halifax Feb 25 preferred July 14% 2.35 2.35 * Great 19 8% com preferred 14 % Jan 8 common cluss July • Ltd Jun 10% • Works Products 15 23 17 Winnipeg Electric common 14 25 30 Ltd Consolidated Rochette Wilsils 100 11 8 Ltd Fleet Manufacturing Ltd Ford Motor Co of Canada Anacon Lead Mines 22% 7% 3c Worts 14% 30 Co Lto Apr • Gooderham 14 11 • class Oilcloth & Llnoienr. Donnacona Jun 23 _. Walker 11 * B Dominion Woollens & Worsteds 22 22% Corp. Cotton Wabasso Sec Mills Mills Engineering Candego Thrift class common Corp July * common Ltd Paper 22% 5 Canada Preferred Jun * Stand Bob's Steel 11 Jan 20 98 * Power 200 Mar 15 98% 19 29 -100 200 19 19 * Co Jun 11 Jan • Canada Southern Apr 6 11 * Div Consolidated Beatrice Southam Apr 115 Jan 3% ' Western _. 5.50 Jan Jan 88 United Corporations class A 58'A May 47% 20 common.. 10,895 * Advt Transvision-Television • , 2.75 40 5% Jun 58 50 A Jan Jun 96 _. preferred 'Jan 8.80 50 c Sons Jun 17% 100 & 16% 1 common t 16 Mar 1 preferred Breweries 12 99 prefererd class v 102 780 Williams of Canada common.' Common 102 45% com 105 5 * Preferred Reitmans 41 preferred Sicks Simon 326 12% 45% . Ltd Sherwin 19 11% „_49 Shawinigan Water 3c Power Sheraton 18% 19% Paper 1st preferred preferred ___• 4% 19 common preferred Series A 310 12% .100 pfd Lawrence 2nd 14% • preferred 2nd St 14 • 4%% A Ltd Alcohols Newfoundland 19 83% Power " 700 105 5% Jun 18 Saguenay Wines Moore 81 Power class Ltd General Neon Melchers 83 Quebec Apr 5% 3.50 July Feb 20% 23% Mar 18% Royalite Oil Ltd Products Consolidated . 21% * 27 21% July 40 ■ Feb 21% • , Commercial Jun • common m B Claude Apr 37% • Co Ltd & common Products Ltd Steel Class Price Bros Investments Chateau-Gai Feb 17% Jan Power Corp of Canada Provincial Transport 21% 24% Jun 53 21% 13% Mar 25 Apr' 26% .* July « 29% May 16% Jan 47 12 Industries Jan 21%! Jan 100 250 Canadian Jan 1,080 • pfd— 13 21 Jun Jun 15% 47% Co 13 Jan Jun 29% Tubes Ltd River 11 26% Products Page-Hershey Penmans ; 25% 20% Apr ♦ : 17% Jan 26% 68 105 300 22% May -amnion Jun 152 Jan Ltd Mill* 100 20 Jan July t Flour 16 ! 15 21% % May 100 3.50 Jun 13%fjun Corp. ' J Jun 15 100 3.50 May 195 .25 Steel lellvle 12 15 a 21%; preferred National 52% 15 common 53 Jan 19 % Jan ■ July 10 20 Jan 22% 100 48 100 • Jun 18! 100 15 * Jun 20 • 48 15 General May 1,776 Locomotive Ltd 48 5 common. Canadian Dredge & Dock Co Ltd Canadian Food Products Ltd com Jun • A 22% May * Ltd Jun 2,670 11% 8% July 100 Co preferred Canada Vinegars 6.00 Mar 10% __ Apr May 6 114% May 14'A Mar Feb 32% 49% —i 4.50 100 Canadian 350 1,150 9% 22% Jun 8% Jan 47% 20% Jan 10 July 50% 1,817 • (Robt) Class Jan Starch 48%/Feb 49% • Montreal Jan 92% Malting Co Ltd 15 48 • class 3% 10 20 Canada 337/s 100 _ Ltd 3,925 102 716 a50 * common Breweries 4.50 102 325 • McColl-Frontenac Oil Molson 4.25 9 10% • preferred Mitchell Jan 21 | 5% 6 8% 49% 5* ; Massey-Harris 25 20% * Corp Ltd 7% 8% 149% 149 % —« .. Mailman 7% 20% 25 class Feb " 16% • 5 Export 8 1 3 Class B 1,527 Jun 9% Mar 2.00 Apr Canada 3c Dominion Sugar 32 « Ltd MacMillan 8% Jun Apr a4% £15-15 preferred Bros 8% 4.50 13 7% July 1.75 Jun • Secord Legare 3,200 14% 410 7% Ltd__I Woods Sons Ltd 25 2.00 51 450 45 100 —100 (John) of 7% 1.95 10%; July 34%"Jan Company Preferred 11% 29% IIII25 Corp May 10% July Jan Apr Chatco Lake 7% 1.95 » 6% May 7 • preferred Lebatt 225 53 13 32 Canada__I_!_• International Power International Utilities 10% 21 25% Iloo com Paper 8% 16%'dUly 26 32 International Petroleum Co 8% 52% July - 7 • preferred International 20 3.75 Mar 100 a50 - —4 £i Indust 7% 100 Butterfly Hosiery Co Ltd 25 of Jan 3,265 4.50 • Ltd Columbia 45 27%; common. 8 preferred preferred 7% 10% 4.50 . * - 770 | ' • Nickel 10 % * B__ Co Brandram-Henderson 11 4% 6% 9% High Feb ♦ class 7% International Low 14% 1,435 18% ! Bronze 17% 52% 45 • Ltd International Range Since January 1 High 17 17% 17% • Smelting $1.60 Low 52% • Imperial Tobacco of Canada Shares 5 — Prod Bathurst Pr British Bridge Oil for Week Eelgium Glove & Hosiery of Cda com_* ! common Paper common $2.00 preferred Hudson* Bay Mining 3c Sales Range of Prices Apr 110 Smith Imperial Week's Last Par Anglo-Nfld 10 (1927) 3c Friday STOCKS Sale Price a95 16% Ltd preferred Canadian Rands 18% May -100 Eakeries Gypsum 'July __100 General Steel Wares Tire High a95 tumuiuii. preferred 5Vs> 7c; preferred Goodyear 28% 100 .__ 5% General 28 ; LOW '• .V Foundation 28 Montreal Curb Market High 13% 13% JULY Range Since January 1 Low Famous Players Canadian Corp.. MARKETS ENDED lor Week 14 Corp WEEK Sales Ran^e of Prices Sale Price LISTED RANGE FOR * 1 Gold Mines Ltd—— — — 6.40 24JAc 6c 20c 3 %c 14c 13 'A 6.35 24%c 6c 13% 6.80„ 25c 6c 300 6,200 13'A July 4.45 Feb 20% 7.50 Jun Jan Jun Jan 1,500 24c July 47c 1,100 6c Feb 10c Jan 3c 28c 4,000 2%c Jan 7%c Jun 1,000 28c 56c Jun 8.80 595 Banks— Fontana Canadienne Commerce Imperial _10 _ _ _ _ .. 10 Mines _ Royal _ _ _ 10 _ Scotia 510 20 Jan 20% Jun Hard Rock Gold Mines Ltd 25% 550 24% Jan 27% Jun Hollinger 31% 31% 150 30% Jan 32% 28% 29 1,066 27 Jan 30% Jun jacK 41% 42 340 39 Jan 42% Jun Jaculet _ For footnotes see page _ __ 41. 10 — 3c July Jun 28% __10 — -1 Ltd 20% 25% Cons Gold Hudson-Rand Montreal Nova (1945) 20% 25% 31% _ __ - 27% 27% 27% 2,460 27 Jun 29% Jun Lake Gold Mines Mines Ltd Kayrand Mining 1 Mines Mines 5 Ltd —1 Ltd 1 Ltd .—— ; 1 .——1 — 8.80 — — 3cc 19c 28c 8.65 alOc 3c 35c 19c 8.50 July 11% May alOc 3c Feb 18c 1.500 2c Jan 7%c 45c 34.190 28c July 60c 5,500 18c July 32 %c 21c 229 10c May Jun May Jun. 37 38 Canadian RANGE Friday STOCKS Week's Range Mining & Dulama Gold Lake Fortune Lake Shore Gold Ltd Friday 5.25 4.15 4.00 4.15 1.100 39 %c 36c 45c 58,200 30c July 6c 6c 6c 500 4c Jan —1 a9.75 a9.50 a9.75 130 1 18c 12c 18c 5,000 Ltd Macdonald Mines Ltd Red Lake I Gold Mines Cons Dredging Bel) Mar Bros Telephone 56c Julv 40c 9,000 2.15 200 Bevcourt 53% 53 % 1.000 51 July 667/8 Jan Bidgood 10% 12 5,670 10% July 13% Feb 51c 51c 1,000 51c 1.63 1.50 1.63 3,70 J 95c 30c 35c 19,200 23c July 20c 25c 10,000 20c 50c 45 V2C 50c 18.428 45 Vic * 3.70 3.40 3./5 0,0 .,6 1 1.30 1.30 1.35 900 8V2c 107/8c 34,000 85c Mar 32c __ July Pacific New Normetal Coal & Oils Ltd ' * O'Brien Gold Corp Mines Ltd Ltd Bonville Mar Jun July 50c May July 95c Omega Gold Mines Ltd Porcupine Prime „——1 Ltd——1 Mines ,10 %c Labrador ,57c Devel Quebec Yeilowknife Co Gold Ltd Queenston Gold Mines Ltd : Boymar Quemont Mining Corp Ltd Brazilian Red Apr British American 19c Jun 8%c July July 60c May 4%% 19c May British 7c 17,500 92c 500 92c 600 18% July 20 Royran Gold Fields Ltd Santiago Mines Ltd 4c 2%c 11,000 20c 23c 7.500 5%c 6Vic 5,000 21c 21c 300 1-.85 1.92 2,600 77c 77c 20c 1 50c Senator-Ruuyn Ltd 5c __ _1 275 4,733 150 48c 17.200 Silver Miller oioeoe Gold Mines Mines , 1 Ltd 1.92 __1 Jan Ltd 1 30c Ltd ___1 Jan 17Vic July 5V2C July 21c July 23% - Feb A Standard Steep Gold Rock May Sullivan (1944) Mines Cons Ltd 28c July Ltd Mines 14c United Feb 1.03 Vilbona 30c July 60c 500 55c July 5c 6c 4,000 3%c 37c 38c 1,714 35c 15c 15c 4,400 6c 3.30 3.55 2,930 2.40 Mar 2.50 3.55 1 __ 1.00 1 Ltd Geld 1 Ltd Mines Amulet 2.70 1,850 2.32 96c 56c May 1.06 May Jun 7c Ltd 62c Jan Jan 27c 9c 25,700 2c Jan 25c May 11c 2,000 10c July 23c May 3,500 9c July 25c Jan 10 Jan 6.65 7.00 715 6.50 July 14% 100 14% July 21% Feb 1.00 1 ''nq 80c July 7c 9,500 5c Jun 45c 9,800 40c July 10c * 9.00 1 Mineral Western 29c 1 29c 5c 5.10 7.20 Ashley Minerals Ltd Products Ltd Elec 4% 3.60 May 3.25 Apr Jan 8c 7,500 3c Mar 16c Jun 28% 30 % 8,082 25% Jan 32% Jun 30% 29% 30% 240 32 Jun 100 pfd Columbia Packers Products class A B 88% 88% 88% 911/2 Jun 21 5,573 & Calmont 1 10c 12Vic 9.00 2r 150 29c 34c 24 700 29c 34c 16,200 5c o,O«jO 4.95 5.10 600 7 10 7 Feb 8.00 8,500 9.00 __ 40 88 % July 99 3.95 102 80 99 July 4.00 11,710 class • 12 12 __ Corp Ltd • Ltd. 1 — 375 Feb 24 %c May 13c Mar 3 Vic Mar ''0 1 Feb 3.85 6.45 July 0 Ltd, Petroleum Oils Ltd Superior 9% 32% Jun 5% Jun 700 2"% Jan 3,200 49 %c July 6 July 9c Mar 20 %c 1.00 July 2.28 5"% 51 c 53c 6% 6% 6% 15 He 11c 11c 4,500 Buffalo Ankerlte 1 1.02 1.02 • 15c Buffalo 1 5c Red Lake Building Products Bulldog Yeilowknife Eurns & Co class class Apr 70c May 8 Mar Jun 14Vic Jan Caider 71c Jan 30 32% Jun May 27c 6,200 29 %c May 9.25 23% 700 17 Feb 24 7% 75 7 Jun 8 July . Jun 16c Apr 30 Mar 32% Jun 16 % July 17 Feb 7.10 7.25 1,510 6.50 July 8.90 Apr 4c 4%c May 7c Jan Jan 54c Jun 72c Jun 9%c Jun Callinan Flin Flon 6.35 3.500 4c July 9c 1 5."'c 50c 55c 9 600 39c July 82c Jun • 4.30 4.20 4.30 2,200 6.10 Jun ' Petroleums 2.20 2.10 2.90 3.400 2.25 100 Lake. Bread Class Jun 8.85 * v Ltd Calmont Oils Calvan B —• 0 1 common preferred— 2.25 — 50 35 3.85 July 2.10 2.25 00 3j ,2 60 35 830 34 July 3.25 July 2.87% July 42V2 Jan Jan. Jun Canada Foils 4.20 Mar Apr 21 10 Jun 5.95 Jun 95 23c 5.80 17% 3,500 Apr 3%c Mar Jan 7c 13c 23,500 14V4 30% 16 % 500 5c 350 7c 17c 4 %c May 30% 16 % Crushed Stone Jan 55c 7c Canada Feb 36 July 7% — Canada 10% 16 July 24c 7% .... Jun 3,lU0 15% 30 23% Bousquet Jun 2,400 Apr 37c 11 %c Jan Linen 1st preferred—30% preferred * Caigary & Edmonton ■ 7.25 8%c 10,015 Cement 1.88 Apr 0 36% 29 % 29% 185 1 an 30 Jan 17% 17% 17% 100 12% Jan 19 July — 11% 11% 230 11'A Jan 13 May — " A 36 29% _* — 0 0 class _—— 36% „t, common..- 25 •i Jan 42% Jun Feb Malting 16% Jun Canada Packers 9c May Canada Permanent 7.25 Jun Canada S S Lines 35c 38c 9.500 18c Jan 59c Jun 35c 39c 4,000 10 %c Feb 60c Jun Canada 75c - 8c 4%c Mar 405 24c Caldwell Feb l.oO - 9,100 i 4c 15% 35c 16,969 5%c 30 * 41.500 5.90 1 17c 5c 24c B— A 5'3c 141/2 • 15c 16 A 5c .1 ______ 2,600 1 Burlington Steel 76c 1.22 1.15 • Gold| Feb I.20 1.50 • Western Oils Ltd Picadilly Jan 3.95 1 49c 15% * Co Ltd—. Petroleums Jun Mar 6 3.75 __ • Canada Pan 12% 11 27% July 400 870 1 4,000 4 ' 5c Ltd Omnitrans Exploration Ltd Pacific Jun 8 class B 53c 50c — 1 Home Oil 4.50 29% Gold Mills Bufiadison % cierrea Oils Jun Jun 103 Jan 28% 28% • 17c ; * Decalta 2.75 8 • A Broulan Porcupine Canada • Ltd Co Edmonton Oils 25% Mar 3.80 __ • * Columbia Power 1.40 May Stocks— Calgary 241/a 19 Vs 6c 30 100 Forest Campbell Red Oil Angio-Canadian Oil 15% Mar Jun 41c 42c ____1 Mines Ltd Mines Apr May July 6Vic __ 1 Wendell Westville Jun 16c 6%c • 2nd Waite 6%c Jun 57c 550 __ —t Ltd.- Asbestos Corp Jan 9%c July Jan Apr 60c 38c _1 Ltd Mines 4c 6,017 4,oi2 9%c 10%c 21 % • common preferred Burrard Trebor 76c 14% __ 1 Oil Class B 34 V2c May 2.62 35c __ ♦ Mines Torbrlt Silver Mines Feb 25 Lake Columbia British 1 Iron Jan Jun 24c 8c 6.65 * Traction Light & Pwr com_* Columbia British 7c 1.70 July 30c __ Soma-Duvernay Gold Mines Ltd—1 . Jun 8.50 4c Buffalo Canadian Mines Jan 42% " Sladen-Malartic Mines Siadacona 14 Feb July 1.84 May July 3c 1,000 4.50 12c Bruck Sherritt-Gordon Mines Ltd __ 9% July 39% July 28c 55c 1,900 19% class Preferred 15 Vic Mar 4,300 19c 6 10 41 4.50 10c 9%c • Cordage 3.75 July 92c „. Ltd Jun 4c __ 1 Class Red Crest Gold Mines 12% 11c __ 8c Minet Brantford 2.32 5/c 92c 1 Jun Feb 40c lie 1 1.30 17c Ltd__l Mines 1 1 2.50 Mar 5oc __ 33% 6% Jun 5%c 1 Jan 25 4.50 44c 1 Gold British Quebec Gold Bordulac 1.70 May 99c July High 24% 10% 40% __ 1 Brewis Mining Low 29 % 125 9%' 10 40% 1 Kirkland o.-iorne !l ~~^r New Goldvue Mines Ltd • 25 Bobjo Mines 1 Ltd 10% Gold 11% 1 Formaque Mines, Ltd Range Since January 1 High 29% 10% Week Shares May 3.10 Mar 53% 1 Calumet New 86c 2.10 July 29 % Quebec • Ltd New Mines 49c 2.10 Low • * 5 Mclntyrc-Porcupine Mines Ltd Mining Corp of Canada Ltd Nechi 51c --..1 A B Belleterre Madsen class Beatty Jan 30c July Class Power Sales for Jun 14 .9.50 July 12c Jun %.14c Range of Prices Par Bathurst Jan 1.33 4.00 Mar 1 — Week's Last Sale Price High Low High 0 Ltd.—. Goldiieias Low Monday, July 31, 1950 . 28 Range Since January 1 —* Co Ltd Mines Mines Louvicourt Exp;or Mines JULY ENDED STOCKS Shares . . markets listed WEEK for Week of Prices Par Labrador FOR Sales Last Sale Price La Financial Chronicle The Commercial and (414) 7oc 1,400 41c Feb 1.16 May Class class B— Cable class A Jan 52 Jun 19 Jan 26% Jun 135 45 July 23 % 47 46% July 30 40 255 33% Jan 41% Apr 88% 100 80 Jan 90 Jun 35 — 23% 39% „ • 95 325 45 88% „ 50 & 48 25 45 * common Preferred Wire 48 24% Mtge new com—20 35 55 30 Vi Jan 36 Jan Jun 14 23 Vi Jan July • — ■. B 35 —„— Canadian Bans. m 25% 25 25% 1.140 25 Jan 27% Canadian Breweries • 20% 20% 21% 1,905 20 July 23% Feb Canadian Canners • 18 18 18 525 17% July 20% Jan • 18 % 18% 18 % 25 13% July 20% Jan • 11% 11 % 11% 4/0 10 July 14% 15% 525 14 Apr 15% 35% 36 805 29 Feb 40'A May 23% 23% 50 23 Mar 25 22 22 250 22 July 27% Apr 3.50 3.50 690 3.00 July 6.00 Jan 9% 9% 510 56 56 10 56 Convertible Canadian Class Toronto Stock Exchange Car New Week's Celanese Range for Week of Prices Shares Sale Price Par AMtlbl Power 81 Paper $1.50 preferred Acadia-Atlantic class A Low Range Since January 1 High Low • 30% 27% 30% 4,940 21% 23% 23% 23% 860 22% 22 22 115 21 105% 105 % 10 * Preferred 100 __ 100% Jan Jan July • fic 6c 25,000 4%c Jan * 9% 9% 43 8% Jun ; Akaitcho Yellow Knife Class E Aloerta 1.05 warrants Pacific Coub Aluminium 4% Larder Canadian ; * - II Res _• - : Mines " * ' 10 2,800 8c 1.60 18c 4%c Barnat 2,000 Mar 49c May July 6%c July 44c Jan Jun 14%c May 5.00 Jun Feb 6.30 Jun 9.75 2,153 9.50 20c 5,000 32 %c Jun 17c ~4c 7V2 26c 11c 11c 1.35 1.22 14 8 * 32c 12c 1.40 - 3%c Mar" Canadian 23,600 12c Jan 7 July 68c 8% July 58c 9c Jan 25c 50c Mar 14 14% 501 8c 10,400 2.45 13,500 4.670 18c 6c Jun Apr 7c Jan July 1.28 Jan 7% Jan 2.63 16 Jun Jun Jun May * Mining • 41. .__0 common 5% — 100 — Mar Jun July Cos 22% 130 22 July 62c 62c 500 58c July 15 16 715 15 July 102 102% 55 19% 10,983 16% Mar — Railway — 18% 25 Gold Central Patricia Gold Mines 1-51 Steel Chestervllle 10c 4%c 6%c 5,000 15c 18c 17,100 2.90 1,200 15 %c 15 %c 1.80 July 2.60 Feb 1.00 2.10 Jun 60c 2,400 5,700 1,000 52c Feb July ; 6c 100 1.08 Jun 24c Jun 11 11 Jan 14% 53c 55c 5,900 45c July 1.37 4%c 5c 8,300 4c Jun 65c 75c July 10% 4,100 55c 17c 19c 2,000 ll%c 1 10c 10c 13c 5,725 10c • ! / 65c 60c 65c 4,200 69c 14,500 1 : T Silver 69c 67c I 1.40 TO 1 1.35 *'' Mines 10 1 Cochenour Willans 1 1.47 9,325 ' Jan Feb 9c Jun 1.78 Jan Feb 40c Jun July 18c Jun "• 36 %c Mar 67c Jan 27c Jan 13%c July 54c 1 Ltd Mines Cochrane Dunlop common t , Jan —— Class A 25 Co^kshutt Plow Coin i ! Lake 3.30 Jun Commoil 10% July - r ___ 1- Petroleum National • 1 30c July 1.30 July 85c Jun 69c July 2.35 13c Mar Jan 66c Mar Consolidated Astoria Apr Consolidated Beattie 15% 12c - — • 3c - 210 500 26 50 9 Jan 14 Apr — May Jan 16 JUn 26 July 17% May 15%- 1,145 24% May 13% July 14c 3,500 12c July 21c Apr 1,500 3c Jun 7c May 500 51c Mar 75c July 3%c- 75c — 11 75c 1-50 1.50 145 1.15 Feb 9 9 300 6% Jan 13c 15%c 93,700 1.84 Jun 9 % July May Jan 15% 14c * ""inmonwealth 26 — „ 1 Colomac- Yeilowknife 10% 15% " Preferred Apr 2.75 July 3.80 12c 3,400 14c July 3,500 5c July 11 %c May 28 % 29V4 560 34c Apr 7%c 1,300 7%c Mar 16c May 45c 44c 45c 6,500 40c July 74c May 1 50c 50c 54c 6,168 45c July Consolidated • 5c 4c 5%c 392,700 4c Mar 9c 42c 42c 9'2o 35c July 65c Apr 15c 18c 37,466 8c May 27c Jun 101% 104% 3,175 106% Jun Consolidated Ansley 1 1 Mines 14%c -- 1.05 May 27%c Mar 6c July 7%c 2 Consolidated Duquesne 12c 5c 27% Feb 30% Jun Homestead 41% 41% 155 35% 42 42 42 10 38% 95c 1.10 10.100 85c July 52c 52c 52c 2.500 51c July 70c Mar 45c Mav 34c 40c 90.600 20c Consolidated Howey 1 Consolidated 39c Feb 1.00 July 4"% c * Mines Coastal Oils Lode 1.45 100 700 1 Chlmo Gold Citra-Lartic Jun 6O0 common Research Mines Jun 20% 38,300 14c 15'Ac 14c Chemical Apr 1.90 55c 60c 1 1 Otteaicirk 104 1.60 13%c 13 %c 1 Porcupine Centremaque Gold Chatco 1.00 Feb 1.35 1.00 1 • Oil 101 % May 1.03 May 18% 1.35 1 Central Central 30 22 62c Castle-Trethewey Leduc 75% May 15% 100 Pacific Canadian July 0 common 12% May 9% July * Locomotive Oils preferred Cariboo — * ?. 17%c 1.00 10 Lta 13% 3.000 2.80 10 Barymin Co Ltd Por footnotes see page 21c 2,500 10% 28% Products Canadian Malartic Canadian Cobalt 8%c May T77.7O0 9% 1 8<*ntia 13 " 890 2.29 1 10 — Apr 17c July July 11% 2.90 Toronto— Mines 27 3.80 15c Montreal Metals 75 % July Jan 9,523 17 %c Nova 19 Feb 15c 32,250 20c 6c Consolidated 0 : A Conduits Bagamac Mines of Jan 52% 5.10 4.90 2.42 Aunor Gold of 13% 26 4% (5 - '—3,000 19c 23 %c 39,300 Yeilowknife of 8c 1.76 1.55 1.75 May 9.50 4.95 10% 8teels Aumaque Base 40 7%c Aubelle Mines Bank 730 (1937) " Atlantic Oil Bank Jun 2,035 27c 1 . Ashdown Hardware class A. Bank 60c 27 . 7% " II Gold Metals Corn' Bankfield Mar 18c 19 %c - 35 % — Dredge Preferred ~ Armistice Atlas July 23c 16%. ,; Aquarius Porcupine Argus Corp common Atlas 3c 1,900 75 Vi _1 Oil Consolidated Athona July 40c 69% 1 Anglo-Huronian Anglo Rouyn Mines Arjon Jan 3c 27 • Apex 70c 16 pfd—25 Jun 9% July 900 71% • Canada of American Yeilowknife augio 8,045 12c 3c 16% Ltd Co Amalgamated 1.05 3c 40c Algoma Steel Aluminum 95c 3c Apr 55%c July Acme Gas & Oil 21c 3,725 25% Apr 44c 46c 33% May 24% May July 1 Class High 105% July Acadia-Uranium Agnew-Surpass • common preferred Canadian Food 20 common — Sales Last common 20 Canadian Friday common preferred A Canadian Canadian Fonda STOCKS oommerce 01 Lebel 1 17c S 104'A Oro Jan 43 42% Jun Consolidated Mininar 1.88 Apr Consolidated Press Apr Consolidated Rochette Jun Jun Jan __ Consumers Gas fc Smelting class A * Mines 1 100 — — 167 5 5 110 20c 20c 1,000 167 168 107 91% Mar 5 July 20c July 160% Jan 6% 30c 177 Feb Jun May Number 4929 Volume 172 . The Commercial and Financial Chronicle . . (415) CANADIAN RANGE Friday Week'* Range Shares STOCKS Low Corby Hi ( Cosmos 1.18 ___ Distillery class A * Imperial Mills 1.23 7,125 9 • Exploration JULY 9 525 15 15 * common Crestaurum _ _ Low High 1.01 July 8 Home Mines 1 July 12% Apr Hosco 250 14% Feb 17% Jun 7% 100 6% Jan 9% 15c 1,500 20 Yellowknife Crow's Coal Nest Crowshore ___100 _ Patricia 48% 48% 15% 1 Gold 13c Feb 48% 37 115 25c May 123 July 47 Apr Mines Smith a Paper common Oavles Decalta Oils Delnite Del Ltd Mines Rio Ltd Red Lake Dome Mines Ltd Dominion Bank July 42c Jan 7 7 15c 17c 1.40 1.40 1,000 74 77 13,000 375 3,700 6% July 10c 1.20 Jan 8% Jan 24 %c Jun July 1.90 Apr Feb 1.42 Jun 40c Dominion Dairies 7c 7%c 4,500 6c Jan 35c 33c 38c 20,370 28c Mar 23 22% 23 1,105 13% 13% 14% 26 10 _ 26 26% 7% 30 * common 7% -- Preferred 4% ■ 14c • Dominion Foundry & Steel_ Mag 27 % Apr 5,135 13 July 20% 1,055 26 Mar 27% Jun 7% July 7% Apr Preferred . 1,775 11 1,065 25 25 50 20 100 100 io 100 30 -_4_100 Dominion Steel & Goal class B_. 25 Dominion Tar 40% 18% •Preferred -23.50 i. July 40% 815 24 255 22% 22% 85 • 21 Apr July '103 - 22% May _ Dominion Textile Dominion common 10% 10% 4 Woollens 7% 8 Donalda Mines Donnell & ... - Jen- 22% Jan 43% _ -25 __ Lake Industrial Ingersoll Duvay Gold Mines 38c 43c 15,200 2.00 2.00 30 5C 5c 5%c 6,100 6c 5%c ■— __ _ Acceptance Machine East 22c 1 8c • Feb ' Jan .. 23 ,!• Jun' 30c Jan Leduc _• - July 6c Jun July 17c July A 690 30% Jan 32% 16,542 21 Jan 28 Apr 945 13 May 15 Mar 7% 5 7 July 26 Ye 585 25% Apr 3%C 500 3c Feb 7 %c 31% 655 21% Jan 40 Jun 9 Jun V " 8 8 120 6 o 12 12 100 9% 32c Jun 7% '• Jun Jan 27 Mar May 14% May Jan Inspiration Mining 1 class 32c 5,500 50c Jun 31 30Y4 31 825 Feb 32% Jun ,_100 International Metals 103 103 103 25 101% Jan 194% Jun • 34 Y2 33% 34% 5,930 29% Apr 35% 1491/2 152 130 142% Feb 152 July 9% 11 8,752 8% Jan 12 May 12c May A *, Preferred 30 %c July 26 . .. International Preferred Nickel Co common 5/100 — 10% • May 2.25 Apr 9%C July Jacknlfe Gold .• i—. Jaculet .Mines Joburke Gold Ltd 4,500 26,500 . 4%c Mar I ,20c.. ... Jan 62c Jun .,9c 4J.C publishing Kayrand 5Y2c •"45c July 17c May July 13 "July -82c Jan —1 Joliet 'Quebec Mines Journal 5c 35c 5C 1 , -r-_.—_ 45c 38c 13 18,800* 5 13; • ; 19c 21 VaC Mining Kelore Mines 7c '35c . 65 "13,000 .7YaC 90 •6c •- Feb 43 % Jan i Kerr-Addison 15 -35% v 15 - Kirkland-Hudson 1 Klrkland 1 4,085 13% July 80 Lake 3,000 7c July 20c May 6,500 4c Feb 11c Jun 40c 40c 1;000 40c July 88c 82c 90c 7,300 80c July 24 c 4,500 21c July 31c • 425 18% 18% 19 —1 4.25 3.95 4.25 3,560 1 39Y2c 35c 44c 53,100 "• -80c • 1.44 18% July Jun Labrador Mining & Exploration Laduiama Gold Mines 20 3.85 July 30c ■ Laguerre East Sullivan Eastern Steel Economic Investment El El Sol __ _ • 4.15 200 3.5C 6% Mar 50 50 90 45% Feb 55 16% 17 250 15% Jan 19% 1 24c 23c 25 %c 39c 8c May 8c 11,200 33c Jun • Nickel •' ■ i Jan 1.32 Jun 1 52,312 21c July 47c May Lake 1,000 7c July 23 %c May Lake _ _ _ 2,500 5c July 12c 32c July 76c Apr 5.80 6.10 '11,050 14 14% 190 13% July 16 31% 31 31% 225 31 37% May 9 Jan 65 110 July * 4 common .. %C 6,000 4.45 •4,995 4%c July 2.05 Jan _ * — 1.00 1,000 42% 45% 4,280 7c 500 7c 28% 45% * ExDloration 4 7c • _ Gold 4.20 1.00 ______ ___ Shore Oils Gatlneau Power 5% * Ltd 28% 120 25% Feb 2.10 2.22 6,400 1.89 July 1.56 -100 . _____ ... 1.50 1.69 24,300 16 % • com preferred * 6.70 Jun Jan Lamaque Steel Preferred Giant (new) Wares 15% 16% 12,991 104 110% 65 110 1.00 24 Jun Jan July 1.20 July 15% July 100 Gold 5.30 • • 17% _ _ _ Yellowknife Glenora A class common 105. 100 _ Mines. 1 6.35 Gold — Oil 5.50 849 17% 18 430 July 17 105 105 25 104 4.75 July 12% 127 Jun God's Lake 8c Apr 6.00 Jun 1.75 Jan 45% July 16c 32% May Jun 3.20 May Goldale Mines Goldcrest Gold Eagle Manitou 6.00 Mar 2c Feb 57c 29c 29c 30c 1,710 ——r 15c 15c 6.000 7c 9c 9.65 9.75 1.45 5.35 775 5.20 July 14 14 200 4c 3,500 5c 500 3c 4,500 2%c 15 Secord 8c 6,000 9.20 May 4c 27c July 43c 15c Feb Mar 4%c Mar 4%c Goldhawk Porcupine • Goldora 1 Mines Goodfish Mining Goodyear Tire Preferred Gordon __ _ _ __ _ Jun _ Mackay class A Graham Bousquet -1 - _ _ _ __ Lakes Great 4 Mines __ _ 20 7,800 1.10 4,400 Lexindin Gold 1 5c 5c 5%c 6,000 4%c Feb 10c Apr Little • 32c 37c 4,900 31c July 62c Feb Long Loblaw Lac A * Paper common— Felt West Great 15c May I7%c 4%c July 22,500 2.10 July 5 %C 2,500 4%c Mar 4c 5c 12,000 Jan 10c 3.35 385 30 July 34% May 100 30 Mar 33 7% 45 20c 13c 20c 15,600 12c 28c .1 1 Goldfields 22c 28c 22,800 .1 Mines 2.02 1.91 .1 51c 48c .1 5%c : 5%c River .1 10c 10c Mines — Lead 1 Mines 11 %c May 9c Apr 500 80 8% 8% 50 10% Gold Gwillim Lake 14 12,500 11c May 35c Jun 2,900 12c Jan 20c Gypsum Lime July 52% July 8% July 14c 15C 4c 95 53% Apr 18 18% 825 14% Jan 21% May 43% 257 40 Jan 46% 6% 6% 25 5 5% 5% 50 5% 16c 16%C 4,000 9 %c 3,500 July 6% Jun Swayze Halliwell Hallnor Gold _ 6 Jan 12c Apr 43c Feb 9 % c 8%c 7c Jan 20c July 24c May 15c 1,700 13c 4%c 1,000 4%c 17% 18% 890 17% __ 3 %c 1 1 _ Hamilton 3.50 » 4 Cotton Rock Hard _ Gold Mines— __ _1 — & Harricana 30c __ 1 Gold 6%c Feb 16% July Heva - Highland-Bell Hlghridge Mining _ 1 — — 1 Mascot Gold Mines _ 7%c 21 Apr • July 4.10 Apr 9 % Jan 13% Jun 11 10% 11 950 7% Jan 13 % Jun 2.25 2.05 2.25 5,450 1.90 July 3.20 23c 25c 6,700 2.08 1.90 2.15 28,550 2%c 2%c 1,500 103 103 10 Hlnda & Sarcee 4c • Hollinger Consol • —.— 0 1.80 2c July July Jan 60c 3.75 Apr Feb Apr 102 3%c Apr May 106 May 14 14% July 16 May 170 8Y2 July 14% 14% 14% 8% 8% 9 1 13c 12 Y2C 15c 17,000 1 15 Y4C 12c 16c 6,500 26 V* 26 26 Ye 1,990 29 Y2 27 29 Y2 2,452 9 9 9 50 14 Ya 13 Ya 14% 3,755 12 Y2 July 16% Jan 21c 2,000 10c 30c Jun .20 class McOoll-Frontenac 12c 10 Ya Jan July 32c Jun IOY2C July 31c May A 21% common 21c Segur 8 Y2 Jan 29% May Mar 30 May July 9 July 54 Jan Porcupine Mclntyre B 53% 1,600 50 July Lake 1 40c 40c 41c 4,300 37c July 1 4c 4c 5%c 17,000 1 12c 11 %c McKenzie Red Gold McMarmac 51 % 13c 5,220 10c 10c 3,000 3.50 Lake Red Mills Mercury 67 Jan 60c Jan 3%c Jan 13 (4c May 3.75 350 8c Feb 16%c 8c Feb 14%c Jun Jun 6.00 Apr 3.00 Jun 2.10 Jun July 3.75 July 3c Jan 9c Jun 14% Apr 1.50 1.60 500 1.45 July -13 J/2 3.70 3.70 3.75 200 3.70 • 4%c 4%c 5c 9,500 16% 16% 100 * Preferred Mid-Continent & Oil 1.60 1,500 3%c July 7c May Milton Brick 1 %c Mar 4 %c May Mining Corp 300 3.40 July 4.40 * Grain Pacific 5,000 16% July Jan 2.25 10 Jun 13% 31c Feb 66c May Jan 19 May 1.10 Jun Jan 11% 15% 15 % 200 27c 33c 25,792 450 8% 8% 7%c 10% July 13% 26c 55 6c 5,500 Feb July 15% Apr Modern Jun Monarch July 11 Mar 14% May 4%c 4 %c 500 3%c Mar 23c 500 22c 6c 3,050 3,000 25c July 47c 7c July 39c ,t"'V ]1V„C _____ Containers 4 common ; 4 Knitting common _ -- _ 1.60 6,100 12 7,405 45c 1.55 1.50 10% • —— 45c 500 17 17 75 9 9 Y4 125 14% 8 July 26c July Feb 10% Mar Jun 5c 28c Oils 16 63 %C 8 V: 25c Jan Feb Moneta • Locomotive Corp Mylamaque • common Mines Apr 33c 2,100 18 18% 735 17% July 22 % Apr 77' 75 Y2 77 400 72 83 Jun 12c 13c 9,000 "l __ 41c 32c 18'/I 1 Porcupine Montreal 6c July Feb 18 %c Jun Jun Jan Mav 69c 1,500 58C Mar 80C Jun 4c 4 Vic 5,500 4c July 10c National 11 July common.-5 7% 7 11 103 7% July -5 Drug & Chemical 12 12 12 225 10% Mar 12% Jun 10% 12% Jan Preferred 11 10% 11 150 2.18 2.02 2.45 84,700 Apr Jan 12c 1,000 15% 8.85 27 . ' 2c 12c - Dauch 20c TOO * * :—— Grain National National Highwood Jun 1.60 May 69c _ — 23c 425 .1 Preferred McCabe 3.50 6c Headway Red Lake Hedley July 32,050 Mines Ltd Malartic 3%c 23c 28c Gold 10c 2.15 Eastern Gold Marcus Moore Hasaea 32,000 11% .1 Leaf Gardens Leaf Milling 3.50 11 15% • Harding Carpets May 12c 11 .1 —1 Sugar preferred Marbenor Model Hamilton Bridge May 10c 1.93 __ 2c 1 _ . . - _ 85c Jan May 13c _ _ Mines July July 5c ft B Midland Halcrow 3.25 Mar 38c 17,500 Jan Jun 4%c « 1.80 62,970 C 61/4 2.05 Jun Mar 43 _1 & Alabastine May Jun Mar 2c 83 __1 __ _ Gold 43c 11 Ye Mexican Light & Power Gunnar Mar Jan Feb 11 16c • 31c * McWatters Gold Gulf May 9% Mar July 13%c 7,800 55c July .1 —1 Mines Export class A Manitoba Maple 43 1 2.08 7% —* Gold MacLeod-Cockshutt MacMillan Maple 340 __ ______ Jun 31 Ye Red Lake Jan 85 — . Feb 30% Macfie May 2%c 4 Mines Guavana Jun 1.34 Jun 52% * common Preferred 1.30 20% 30 Hosiery class A__— Consol Goldfields 18% • preferred Apr Jan 1.00 July 30% 31 -• B MacDonald 18 74c 7% .—• class A— Groceterias Class McLellan Class Apr Feb Jan 1.07 Magnet 2%c 15c _ 7c 17 20 McDougall Grandoro Jun >7c 1.02 Apr 52% — ■ - Jan 5c 1.00 * _ 27 %C May 8% 4 25 Apr 19% 1.00 A—, Red Lake Gold Mines 83 50 2 VaC July 14 % July 300 Jan 1.04 class Jones Madsen 2%c • _ _ 1,500 2.75 3%c Jun Jan Jun 7.75 2,%c July 4c Jan 2.40 Jun 5°% 1 » common _ 4%c 4%c 2.53 5%c 2.65 • T & Gold Leitch Lynx Yellowknlfe 70c 5c 15(4 14 July • Lawson Apr 6.25 July 14% July 40c Jan 85c July 18,500 ■'> 100 5c 1 Mines "U" Laura 9 Y2 1,376 51c 1.60 3c 14 19% Mar 1,000 7c — May 5%c 1.34 Mar 8,868 7,000 1 _ Jun 21c 29c 20,400 __ 110% July 106 1,000 1 Arrow Golden May 85c 22c 42,700 12c 41c Lapaska Mines Manitoba Golden 49c Feb 7,600 45c 5.20 Louvlcourt July 6.70 1 Mines July July 25c 1.60 Cadillac Malartic Gold Jun 10c Mines Jun May 2%c 63c 1 14c 37c Mining 2.22 Mar 2c 60 % c • Gold Jan Jun 20 6.15 60 %C 1 May July 3c 25c Lang & Sons Lapa Class Globe 22c Jan 65c 63,600 40c Macho Petroleum General 3%c 9,500 6c 25c Gold Macassa General 47,500 80c ' 10 %c Mines London Garrison —, Leduc-West 4.40 '74V|t": 9.75 (1945) Wasa Luz Larder 450 118 4%C Manufacturing July 9% * Motor class A_ 4.05 Mar 118 _ 5c 1 1 Ltd Mines 77c Mar 10,200 9% Federated Petroleum Cos 6c 45c * _ Kirkland 5%c 100 common 12c 9V2CT 12c . May 14% 1 _ Osu Lake Rowan 74c 6.10 t 15% 35 8.50 8.85 2,270 Grocers common. Petroleum 6%c Mar 15c Jun National Sewer J aan 2u V2 Jun National 8t.ee) 8.50 July 11% Jan National Trust ■- ,. Jan; 5.30 July 1 Lake Lingman July 42c . 1 _ Francoeur July ., Jan > Jan 35c Players Frobisher Gold —1 Grain Fraser 1. Fortune La Preferred Ford Mines Lake 39c _ Fanny Farmer Candy Shops Fleet Dufault Jun " Falconbridge Federal Lake 7.60 __1 Corp Federal Apr Feb Lake Gold Famous 2.65 4.40 — Pen-Rey Eureka 1.22 July 31,330 4.15 25 . Gold 11,810 6.85 —20 Mines Eldona 1.53 6.30 • • _ 1.35 6.40 1 Eddy Paper class A Elder „_T Gold 1.35 Mines > Jun j 20% Mar " East Malartic Mines r .Jan 3Sc May 12%cMay 4c..Jan 2,000 70 7 14 • * Jan %c - Jun Jan 73c July 2.00 July 5c 12 c 11% - 8c 6 49 J/4 Jan 29 Y2 30 Y2 • common class Co & Labatt (John) Ltd East Amphi East Crest Oil Jan 2c 15c 26 __ ] (John) Jun 32 - 75- —10— July 75 7% July 2.00 4 common 41% * 38c Mudge July 3%c __ _ preferred Indian •. — Kelvinator ♦ 45 Jun 25 16% July 33% May 1,095 33% 12% Feb 40 ' ~ 18% .. - 7% July 24 * Chemical & 18% • 'Dominion Stores Jan 26% 32 10% * 31% Feb Jan • , ___. Jan 35 Apr 58c 19% July -. „«. International Petroleum Dominion Magnesium Dominion Malting common 7,200 7% 19c • 9,000 13 34 2,100 1 1,605 2%C 31% 22r 22 %c 2 Seagrams 49% 27% Oil Distillers 48 13 Bank Imperial Tobacco of Canada ordlnary.5 Discovery Yellowknlfe 5 31 Imperial Apr 7c _ 45 25% Jun 31c 1 _ 15 %c 131/4 25 %c Apr Inglis Detta Mar 27% Mar 74 6c 31% 7c 10c 1 _ 12,500 12% July 52% Mar Apr 15,100 1 Producers 6 %c 15c 23,500 7 Jun 6c 15c 16 %c 2%c . 14c • 16%c 1 _ 16c s B Mar 71/4 _ _ 12c __ class 4c -10 Porcupine 13 %C • Petroleum Leather Jun 11,133 2%C 49% III Malartic Hugh-Pam 45 * Hudson Bay Mining & Smelting • w_ 'umerlal Davis High 16% 10c 45 ' 12c _ Low 11,408 9%c 10C i 13 %c -1 _ D'Aragon Mines Range Since January 1 High 15% 14% Apr 15c — Trust Shares Low * Oil Homer Hugh Crown for week Par 1.64 May 15%, 7% .... Sales Range of Prices Friday 115 115% ______ Week's Last Sale Price STOCKS Howard Craig Eit 28 Range Since January 1 High 1.15 Par Conwest MARKETS ENDED for Week of Prices WEEK Sales Last Sale Price LISTED FOR 39 Pipe class __ 4 39 50 • 22 22 22 530 "lO 29 V* 29% 29% 50 A— Car _ — _ — 39 24c Mar 38 July 19% July 27 Mar 3.00 May 46 May 23% Mar 30 Jun 40 The Commercial and Financial Chronicle (416) CANADIAN RANGE Friday Week's Shares Low High Low 1.06 8,725 78c July 7c 8c 5,366 7c Jun High 1.84 17c Apr May Oil Dominion British Gold 1.05 1.00 1.09 14,677 85c 1.64 ., , -i J New Dickensjn Mines- 1.44 1.64 36,100 95c 9,110 66c 79c Goldvue New Jason Newlund .I'II iijisiwii'wsfT-ii-sririi 75c 80c 20c 20c 24c July Mar 1.50 Mar 20c 1.22 May Standard Chemical common July 50c 51c Jun _ Mosher Pacalta 5c July 11c Jun 13c 15c 20,000 6c July 16c July 3c 2,000 3c Feb 7c May 10c 13c 27,100 10c July 38c Apr 4c 3%c 4c 7,500 3c Jan 10c May Stovel 8c 8c 8%c 21,750 7c July 12c May Sullivan Cons 7%c 8%c 18,500 7%c July 25c - - . Thurbois Oils. Nicholson 4 y2c 500 2%c Jan 12c 38c 43%c 31,300 33c July 79c May Apr 63 July 71 — Mines 42c . Noranda Mines Apr 3.70 May • 66% 68 Mines Norlartic 68 1,275 3%c 1,000 3c July 6%c 49c 55c 71,900 40c July 77c 3.70 3.40 3.75 49,445 5c 4%C 5c 6,500 15 %c 14c 19c 24,950 7%c 7c 7 %c 7,500 5c 4%c 5c 7,000 8% 8 8% 800 50c . Normetal Mining Starratt Olsen Gold Denison North Mines. Steel Co of 1 _ Mines North Star Oil common— Wood Obaska Lake Specialties Gold O'Brien 5% Ltd_. Mines 5% 5% 2.46 Mar Canada 16c 19c Press Mines Surf 1.30 1.35 Gold Jun Pamour 10%c Jun 11% July 5% July 16c July 1.26 July 15c 2,500 1.65 6,300 17c 19c 6,600 8c 11c 169,100 7%c Jan 4c 4%c 28,000 3%c Feb 55/a 75 7%c 7%c 1,000 6c 15,500 Jun 12c ; 7 Jun 34c Jun 2.33 Pandora 1.36 July 17c Feb 30c 2.24 29c 19 %c May Western Parbec 5 y2 July 6%c July 5c July 9c Jun 7% May 20% Feb 24 % May 2.25 Feb 3.65 July 4.00 4.00 4.00 100 2.63 2.51 2.70 7,475 29,700 Apr 12%c 93c 1.08 26,900 5.80 6.00 17,395 4.20 46 47 315 44 y2 86c 92c 6,850 3c 3c 38c 34c 38c 3%c 500 3c Jun 23c 6,100 21c July 34c Jan 62c Jun Malartic Paymaster Consol — Piccadilly Petroleum 73c 79c 9%c 1,975 1.25 7,910 5%c 5 %C 1,000 29 30 300 28 % Mar 31 10% May 11% July 11% 11% 25 -i 2.43 2.36 2.59 3,730 8c 5%c 9%c 37,200 10 _ — _ Traders Finance Class 21c 21 %c 3,600 1.00 92c 1.00 3,900 100 185 185 185 2 —1 45c 42c 49c 26,000 1 ... Petroleums class • A 26 Pioneer Oil Reef Porcupine Acceptance Powell 60c red V T f s preference Flour 86c July 1.58 12,500 3c July 7c May 13,100 17c Feb 60c Jun 10%c May Jan 1.65 July 3.15 May 2.25 800 2.20 July 3.00 3.25 2,100 7c 8%c 17,000 3c Jan 21c May 49c 52c 11,700 49c July 82c Feb Jan 47c May 1.39 May 185 July 80c Jun 23% July 26% July 35 % Jun 34 Jun 24c Mar 25c 25c 3,100 15c Peb 40c Apr 8 13% 100 8 8 Jun 9 Jun 13% 14 2,150 13% July 19% Mar 9%C 10c 2,050 8 Vac 17c 53 52% 53 150 52 Jan 56% 20 20 20 100 20 May 22% Jan 5.90 5.70 6.10 7,218 3.25 July 7.20 Jun July May Jun Keno Hill '■ • 42c ~ _ • 7.60 6,200 2c Jan 29c May 1,000 20c Jan 46c Jun 1 « _ Apr 5.50 July 9c : 12 %c 16 16 16 75 • _ Jun 2,520 1 Amulet Jun 9 Va 4.20 6.25 10c Waite 65c Feb July 5.95 1 Wabasso Cotton Jan 6% 1.50 410 19,700 6.25 Gold 19c 7% 1.98 • Olla 8,200 7% 1.76 24 %c:24 %c — Ventures Ltd Vulcan 44c 7% 1.87 I—1 Mines— 9.05 8.80 9.15 2,919 • 42% 42 43 3,375 5'/a 5'/a 100 6c 1,000 . _ 15% Jun July 9.50 Jan Jan 47% 14% May 7.85 Jun Walker (Hiram) 57 Wekusko Ltd fr W) (G __ * common Consol _ 1 _ 6c — 36 4.75 Mar 6C Mar Jun 6 Jan lie Jun 70 Jun Jun 3.00 Mar 4.00 Jun • Westeel Products Preferred __ Jan 62 % 62% 62 % 80 —1 28c 28c 31c 11,320 7c Feb 71c • 24% 24% 25 115 23% Feb 27% May 101 101% 100 99% Feb „ Western Ashley Minerals Weston (George) common 100 __ -- 49 1Q2 Jun Mar 53 725 1 8c 7%c 8%c 5,000 7c July 13c 70c 75c 4,700 56c July 1.12 Jun Winchester Larder 1 7%c 7c 8V4C 4,600 4c Jan 17c Jun 75c 1,000 55c July 1.05 Jun Wingait Gold 1 5c 5c 5,000 4c Mar 9c May Jun 18% 15% 42% Mar 1.35 Mills 2.00 2.00 1 common..... 15 % Jan 22% 15% 125 12% Jan 21% Jun Winora 1.47 3,620 1.31 July 2.05 Feb Wood Mar 3.55 Jun Wrlght-Hargreaves 2.00 1,700 60c 5% 5% 475 50c 50c 900 30c Mar 64c Jun 17%c 19c 2,800 15c Mar 30c 75c 80c May 12,100 67c July *, 5'/4 July 8% 95c 38,716 65c July 1.84 20% 8,473 17 July 23% 53c 5,100 40c Apr 97c 38c 413/4c 6,500 34c Mar 60c 73 — 3.10 700 5c 2,000 2.00 2.05 600 3c 3%c 2,000 9 % ; common & Co Ltd 5%% Roxana 7c Co Oils 31c Bank „1 9% 55 7c 8c 5,500 27% 30c 33 %c 6,600 27% Royalite OH Roybar Chlbougamau Rupununi Mines 2%c Russell 18% 18% Industries Lawrence Corp 12% 7 %c common. Lead Yellnre* & Zinc Mines Yellowknife . 2.03 Mar 4c Feb 2.00 July 2%c 9 Feb Jan 3.25 Jun 12c preferred River Paper r[ 1st preferred 5c 5c 12c 11c 12c 80c 78c 85c 8c 19,136 3c 13,100 19 745 July series B red (1945) 50 Sheep Creek Gold 50c Sherritt Gordon Breweries Feb 50c Jun Feb 29% Jun Asbestos Corp Brown Feb 15 % Apr 6c Jun 18%c Jan 2c July 4%c Jan 19% Feb 17% 19% 22 200 12% Jan 23% 215 27 Jan 46% Jun 17% 100 14 Jan 18% Jun 96 35 85 58 15 50 Va Jan 58 % 2.30 2.65 July 5,172 2.00 July 4.05 Jan Jan 101 5c 5c 5c 1,500 1,000 2%c July 3%c July Silverwood Dairies Ltd class Co for Week Shares Jun 9c May 22c 7,500 20c July 40c 23% 3,570 22 July 26% Apr 48 % Jan 48 48 48 125 47 51 % 51% 210 50 % July 21c 25c 7,300 1.10 1.10 1.12 2,300 53 10c Feb 1.05 Mar May 42c 1.20 and For footnotes 1.77 1.95 20% 175 19% July 22 19 635 18% July 22 6.00 6.00 150 18c 20c 4,200 6.00 July 15c July 75c 80c 16,700 32,296 10% 11 654 28% 29 290 23% see page 41 34 Jun 4.25 4.60 1,700 100 102 20 20% 20% 21 350 13 13 40 12 May 14 20% 20% 20% 15 21 Jun 25 24% 25 225 18% July 21% Feb 28 Jun 1 3.50 3.00 3.50 2,000 109 103 9 5% 1 _ Vinegars 4.60, — 3.25 92 Feb Jan 6.00 May 114 Dominion Sugar——, * 20Va July May 22% Mar Apr — • Canadian General Investments 9 __ Canadian Industries common Canadian ~ _ Vicker* Canadian Western Lumber Westinghouse Consolidated Dominion , ... 23 9 Paper 9 34c •109 305 5 5% 4,415 62 9 _ Foothill* 62 50 22 23% 2,055 3,800 32c 34c 43% 44 4.20 May 1.60 July 2.65 % 48c Jan 8.85 38c 1.04 9 Bridge , nil -- 9 'y Hayes Steel (expire 2% Jan 5% Apr 89 3.50 Jan Jan 115 6.00 May Jun 57 Jan 63 17% Jan 27% May July July 49%c May Apr 4.35 Aug • 23% 24 1,115 99 98 99 255 Jan 23% July 96 July 11 608 30 30 30 5 3c 8c 1,707 19% Humberstone Shoe Apr 28c 19% 19% 40 3.15 27 Jan Feb 48% 5.85 Jun Jun 36 % Mar 3c July 4c July 20 19 % July 22% Jun International Paper common —7% 49% 48% 49% 990 37% Jan 53 Jun — 5 20% 20 20% 735 18% July 25 Jun 23 28 May Utilities Apr Jun Jan Loblaw Grocerterias, Inc— Loblaw changed in May to Inc ' — 26 26 43 17% July Jan Jun 18% 5 19% 900 20% 20%- 100 19% May 6.75 7.65 7,560 5.05 Mar Jan 22% May 21% Apr July 30% Apr Pend Oreille 27 Jan Price 100% 100 8c 14) — 9% 26% Mar , Jan International 19% 11 100 Jan 9 _ _ _100 Canada Rights 18% A Preferred Range Sine* January 1 Low High 24% 50 Jun 75c Class B High 29% May 20c A Low 29% 9 common Preferred Name class Apr 8ales Range -- . Simpson's 1.33 Jun 5c 6.00 Mines Apr Week's 9 Jun 44 19 Mining May 25c . 22% 1.91 (Quebec) 43c July July 22c Jan 8.85 20% common- certificates trust Apr 10c 73c of Pi ices Par 25c 21 %c 50 Mines Jun Jan 7,500 Last Friday 27 23c preferred 2.27 Apr July 17,650 19,100 ./ Sale Price 16%c Apr Dalhmislft nil 4V2% Miller 7c 2%c 6c 22% com preferred July 15c Canadian Funds Apr 21 %c Power A Mines 957 7,450 5c _. Class 1.65 42 100 May 11% Canadian Shawinigan Water & Jun Jan 58 Senator Rouyn Ltd Voting 27% 12% 96 2.40 Gold. 32c 1 1 ^ Mines Canadian Marconi Gold Sannorm Mines Shawkey 11% 17% preferred Antonio July 97% 1,410 1.81 28 %c 3 % c Mar 25 . Toronto Stock Exchange-Curb Section Jun 3.00 42 — preferred St Lawrence 1.80 32c 1 J ... Bear Canada common 97% 30 2,300 8c 100 1.80 • ______ STOCKS Roche Long Lac 7c Jun 2.85 5c — — (Little) (G H) 2,647 36 33% — 100 Jan . Gold Robinson 1 pfd_ _100 Feb 48c ___ Mines 36 • common Gold Apr May 85c 19% — __ Electric — Jan 50c Reef Petroleums Ltd Renabie 1.03 90c MacDonald — Jan 20% Mining Quesabe Mines Ltd Regcourt < „ _ 450 Winnipeg Quemont Silver Jan July 50% 1.41 Queenston Gold Silanco 80c Apr May 3.45 Mar 76c Sigma 12 %c 167 3.65 17c Feb 7%c Quebec Manltou Slcka' 40 5%c July 25c • Oils Yale Sand 990 .. July Apr 9 Steel 4,880 18c 2nd 26% 2.35 62c 25 Upper Canada 176,786 Quebec Gold Mining Corp Quebec Labrador Ban Feb Jun Corp Ltd—• Wiltsey-Ooghlan Prospectors Airways 2nd Jan 53 East Dome 1st 14 %C July 50 United 41c Metals St %c July 36c United Fuel class A preferred Preferred B Jun 1.85 17% Preston Royal 4 70c Pressed Reno 1.66 10,600 • Jun 1.73 Corp Reeves 15 %c May 38c 42 %c -1 7.25 34 %c C Purity 1.20 May Jan 75c . Powell Rouyn Gold common Power Mar July • Gas 49'/4 50c River 3c 1.15 39c . Union Mining Jan 7c Gold 40c • Resources Transvision-Television Union Feb 3.25 Porcupine Peninsular 26 26% ._ United 36c Gold Polaris 25 Va * B Jun July 1.80 Mines. Apr 1.15 - 1.75 75c 2.20 Gold Crow Jan 3.30 Feb 9%c 78c 1.20 • Gold Waterous Pickle 5.50 2.31 Jun 22c 10 - 4.00 May Feb 15c 3%c Oil Jun 50 Villbona Pan Jun 24 Jan Jun 3c Cadillac Mar Apr Mar 18% Apr 89c Ltd 20 Jan Feb 7 % 47 Mines 75c July * Toronto General Trusts 5.85 Porcupine 13 16% 34,715 Torbrit Silver Mines 99c Tubes 1,425 12% July 43c * 18%c 5c Petroleum 14% 975 COO Apr May 3.65 Tamblyn Ltd common Taylor (Pearson) preferred Thompson-Lundmark 5'/2 Hershey 50 95 Jun May United Pacific Page 17 10V4 Jan 23 Va River May 7%c Oslsko Lake Mines 45c July 7% July 86 3.25. —J 37c 1.50 Lake Red 22% 23 V8 50c Mines Feb 7c July 4%c July 6,950 Orange Crush Orlac 30 i . July 4%C Gold 425 14 • • _ Sylvanlte Union Orenada 8% 91% May 10 %c Gold Omega Jun 63 %c Mar • Inlet 9c 13C Omnitrans Exploration 18c 3.60 - 3.75 17c Malartic May 1.05 May .10 - Feb 1.64 Oils 35c 57c 1 preferred 6 VaC 14,900 Ogama-Rockland O'Leary 1,436 17 14% 25 _ Transcontinental Okalta 43C 45c '♦ —, • common- 4c 100 18c 1.33 Mines Mar 22% 22% ' • — Preferred Tower Oakville 10c 8 • Steep Rock Iron Mines TnmblJl North Inca Gold Northland 14,100 91% — • Gold. Teck-Hugbes Gold Mines— Norplck July Feb 3%c — Mines 8%i 100 Stedman Bros Taku Norgold Apr 51c 40c .. __ _ Superior Oils Ltd Yellowknife Nib 30c 7,800 May 4 %c _ - New 43c . Norzone New 26c 2,500 12c Mines—- Lac Mines Norseman New 3,066 44,105 7c — Gold New 31c 2.25 5c 3c Long 1,950 63C 12c 13 %c 0 Standard Paving common 29c 1.80 8c New 40c 58c May July *■; Mines Stadacona 14c Gold High Low High 35c Jun 29c Marlon Newnorth 11,650 Low 58c • 1.70 May 2.12 Mines New Shares l Brazeau Preferred New for Week l —* Malartic • Mines— Calumet New 8aies Range of Prices Par ... Slscoe aiaden South New Week's Last 8ale Price STOCKS 97c Monday, July 31, 1950 . 28 Range Since January 1 — . MARKETS JULY for Week 1.00 Mines Alger ENDED Friday Range of Prices Pa Negus New WEEK Sales Last 8ale Prlee STOCKS LISTED FOR . Jan Bros 7.35 s a 82 75 82 60 40c 40c 1,000 63% 30c Jan Mar 7.55 July 92% Jun 45c Jun Volume 172 Number 4929 Commercial and Financial Chronicle The ... (417) OVER-THE-COUNTER SECURITIES ) Quotations » for Friday, July 28 Investing Companies . , Affiliated Amerex Far Securities Fund 4.24 Business Shares Axe-Houghton Fund Axe-Houghton Fund 1 Inv Tr • 19.72 1 20.75 10c 5 16.89 1 19.70 Century Shares Trust Chemical 1 3.36 3.48 lc 3.47 3.83 .lc 4.27 4.64 lc 4.68 com 28.51 30.82 Preferred 100 Commonwealth Investment 1 Ctfs Mass 25c 1.53 Shares 1 1 20c 5 Inc Fidelity Fund Inc Financial First Industrial Boston Fund Inc.l Corp 10 First Mutual Trust Fund 1 5.22 Low stock series r 3.84 13.20 13.59 1 14.40 Income 15.03 9.35 10.11 Series .1 Series Industrial Stock Series Selected Group Series 5.7t ;i 7.54 4.50 6.91 3.62 Agriculture 1 10.11 11.08 Automobile 1 7.02 7.69 Aviation 1 8.67 1 5.09 Bank 1 11.10 1 8.07 Common Aviation lc shares .0284 Oct. 100.0064 1951 1,1951 1954- 99.28 1956 stock 1 Bated Due Bid 1.15% 12.27 10.81 bl.35 1-50 bl.35 1.30% 5- 1-50 11- 1-50 bl.35 1-50 9- 1 7.76 Diversified Industry I 4.19 6.95 Diversified Investment Fund_l 11.56 10.49 1 10.66 11.47 12.57 Machinery 1 9.43 10.33 Diversified Insurance Electrical Equipment shares.lc Food shares lc 10.02 10.93 4.79 5.26 Merchandising 1 10.95 12.00 lc 7.31 8.01 Metals 1 9.35 10.25 lc 8.17 8.95 oils 1 19.70 Industrial Machinery shares lc Institutional bond shares lc 7.11 7.80 Pacific Coast ,21.59 1 11.38 12.47 9.52 9.99 Public Investing Company shares__lc 8.37 9.17 Railroad Low lc 6.03 6.62 Railroad lc 7.84 8.59 Steel RR 2.91 lc 4.07 4.47 $1.50 lc 5.29 5.81 Petroleum 6.07 6.66 Putnam 4.17 4.58 Republic lc 5.50 6.07 Bank Inc Stock Group Investment Trust of com & 17, 1950 Investors Inc (net asset 1950 bl.18 1.10% 1950 bl.18 1.11% 9.62 10.54 Sept. 7, 1950 bl.18 1.10% Oct. 26, 1950 bl.18 1.12% 10.42 11.42 Sept. 14, 1950 bl.18 1.10% 3% 3% 24 25 15.93 17.13 2.56 11.23 1 Street 21.32 V 51.95 12.15 22.61 Brooklyn 74c 82c Central Hanover Bank lc 97c 1 22.07 lc 12.92 14.16 Series B 1 19.06 1 9.85 10.70 Series C 1 7.02 1 '20.29 25c series A 8.37 9.l!4 Union Preferred Stock 14.97 15.30 Union Common Stock Fund Fund __1 Income Fund Shares_--1 10.06 Science Fund i 27.27 28.52 United Wall B-4 (Speculative Bonds) 1 10.82 11.81 Wellington Fund (Income pfd Stocks) 1 16.40 17.89 Whitehall Fund Inc^ Appreciation pfd Stks)_l S-l (Quality common Stks)_l 8-2 (Income com Stocks) 1 23.23 25.35 Wisconsin Investment Co (Appreciation com Stks)_J 6-4 (Low Priced com Stks)__l 5.19 5.67 4.39 K-2 5-3 29.16 15.98 14.60 Trust 4.80 Unit 5.62 (White Plains, N Y) Empire Trust 19.53 Federation 16.89 18.16 Fiduciary 3.50 3.79 7.55 8.70 25c 2.43 2.b,6 North • 1 2.24 Amer Trust Shares— 1955 1 1956 —1 2.27 Bid Trust & National Par Bid 93 Home 50% 52% Insur Co of North America -JO 99% 50% 53% Jersey v20 47 67% 15% 17 50 21% 23% $2.10 4 45 % 48'/a $1.05 5 15 16% 5 20% 22% 2% Casualty common_l_l Prior preferred Convertible 10 preferred^S —5 —4 13% 31 18% National Casualty 10 25% 27% 55 57% National Automobile 10 52 55 j New 25 94 103 10 50 % 53% 5 20% 22 Va North 73 76 Northern 51 30% 53 J.0 (Detroit) National'Fire 25 Inc 10 -10 10 \ 45 Northeastern Ins 33% 25 & Trust 83 12 Trust 100 37 100 u 20 Bank & TrUSt 20 35 Portland 87 8% 630 States 12% 50 53 2Q 66 69 23% 24% Bank Natl _ 8an Fr*nc,sco 87/8 600 Bank of Amer N & S T A—6.25 Co Accident Appalachian Elec 27sS 1980 Stocks (Continued)— Ask Conn 102% Lt $2.04 Pwr & $2.20 Par pfd Bid 3.33% Ask • 54% 55% • 52% 56% 100 105% preferred Edison 2%s Delaware Pow & States 3s Utilities & Power 4.28% Co Light— preferred Electric Hartford 3.90% pfd_50 52 6% 7% 107 53 2%s. 1980 101% Iowa Southern pfd_30 30% 1980, 100 % Kentucky Utilities $4.75 pfd_100 99% N J Bell Tel Co 2%s 1990 101% Ohio 1980 102% .1976: 102% 102 7/s 2%s_. 1985 101% 101% Public Serv El & Gas 2%s_. 1980 101% 101% Illinois Power Co 2%s Edison Co 27/eS Pacific Gas & Elec 2%s Elec. Potomac Power Seaboard Air Line .1980 Ry 3s N Y State 4%% 98% 130 L10 61 64% Southern 27/sS_. 1980 14% 16% Wisconsin Elec Power 2%s_. .1980 101% 70 99 101% L-5 LlO 73 140 * „5 Providence-Washington 3% LlO 28% 30% 7% 8% Gas 102 Va Util5%% Elec pfd Gas— & (series 32 101% f 1949) 100 106 108 Pacific Gas & Elec Co— $4.80 redeemable 1st pfd—25 28% 28% Corp 18% 19% Republic 22% 25 Seaboard Surety 5 46 V* 48% Security (New 5 Globe & Rutgers Fire common.5 10% 11% Springfield Fire Standard (N Y) Stocks— St Paul (TeXas) Fire & 13 15 15 90 27 29 US fin 10 29 31 US Fire 10 108% 112% Hartford Steamboiler 10 30% 32% & Marine Fire Hartford 10 Haven) Fidelity & UL0 12% ,_lo _10 33 35 96% 99% 52 56 29% Par Accident 42% Bid U. S. 31 108% Tenn Elec— Gas & Elec— —20 22 22% 100 106 107% 100 preferred 106 107% Transmission— Gas 4.75% Hudson Gas & $4 65 Elec preferred 100 4.60% preferred preferred Odd lot sale included (not Included In year's range) b Bid yield price, d Deferred denvery in change. n jales (not 68 year's range), e Ex-Interest. 1 Plat price, k Admitted to listing on N. Y. Stock Ex¬ Admitted to trading N. Y. Curb, r Cash sales (not included in year's range). tExllquldating dividend. (Un) Admitted to Unlisted Trading privileges, wd When delivered, wl When -10 74% 78% Issued, L..2 19 20% 100 410 425 42 44 4 65 Fire 1 06% 103 & 33 Guaranty Co__2 Guarantee Westchester 105% 102 Gas Diego 4%% 104 preferred series H—100 44% 10 Central a Travelers .100 preferred 108 Okla 4.65% 31% 94 5 Marine $4.25 106 Rochester Ban Blackstone Valley Gas & Elec— pfd_10O Pub 8erv of 4.10% 4% L-2 Calif * Reinsurance 5 Republic Security Issues Bid _25 10 295 is * Trust & .• Fire 85% Hanover National States Recent Gulf 25 57% American 275 Bank & Trust Natl Bank United 101 % 42% 82% Great 295 Mellon Natl First National Bank 101% 23 % 54% preferred Farmers Deposit Natl Bank—100 41V* Light 2%s__. 1980 2.00 10 2nd Detroit 46Va Bonds— Dallas 12.50 River 10 Falls 37% of Pittsburgh 91% Guarantee 31 29 18 Preferred & 36 ■ Bank 102% 43% 63 Globe 10 335 , 44% 101% 16 58 Glens 34% 39V* 1975 41 r_5 10 Newark - 102% ;.. Fidelity & Deposit of Md of 29 33 88% 104% York ^ire Phoenix Bremen's 27% 320 25 101% New Pacific Indemnity Co Peerless Casualty Co General Reinsurance Corp 20 16 12%. 103% 33% 66% Frisco Bank 55% 1980 31% 35% 60 • Phlla 660 100 Detroit 250 1980) Amsterdam Casualty—__2 Hampshire Fire ^10 61% of 53% 244 Columbia Gas 55% 33 57 Fund of fun 640 Co Trust National 43 Brooklyn Union Gas 3s 8% 33% 10 Assn 100 City Bank 19% 28% 53% • 10 fireman's 100 Co National National 1.510 28 7% 31% Fire Federal Fire 209,, 32 /2 18% 26% 10 Union Employers Reinsurance Group Assoc 2oo 29 Boston -_5 Pacific Employees 239 320 Bank & Trust_17% Trust Nat'l 94% 92 33 New Casualty 20 100 103'A 15% 17% Mfrs & American Surety Forster Central Cleveland 1.310 25% Massachusetts Bonding Fire Assurance Merchants Merchant American Re-Insurance & Co V. 24 % American Fidelity & Casualty__3 Crum " 52% Insurance of N Y „ 22 % : Continental . , 33 Co Inc 52 64% 5 -10 Connecticut General Life 31 100 1,460 25, 41 City Bank York 230 Aak 88 10 Fire 22 10 P) 232 . nm&mh'Traft Northern Trust 106 20 A11 Trust (J 218 BT» \Tru8t~33* National Bank xOO Plrst 39 103 __100 1,250 County Trust Lawyers Trust United aak Maryland Camden Bank 37 50 Trust Morgan 3.91 Series 32.95 Irving Kings 5% 60% 10 Trust Manufacturers Series 32.95 2.55 25 - & n Industrial Bank of Commerce_10 E Independence Trust Shares Insurance & Shippers —16 54% 5 58% 10 Bank rufi Type Trusts- Series 52% Trust—10 1 5.63 Par Boston & 17.90 National Ask w~ 100 Cleveland 90 Bank 10.96 First Bid • _. city Natl Bank & Trust 44% 5.14 Insurance Companies Bankers 39% 42% 10.74 Title Newark 37V4 10 Bank Exchange Bank & Trust-su County Trust Co Sterling of 15 & Trust Corn Public American 99 Co. Continental 10.93 New Assur 96 1 Diversified Trustee Shares— Sayles Mutual Fund— Casualty Trust 20 __1 5.13 Casualty & Surety——10 -10 Ik 1 —I * ik* National Bank . Continental Illinois i^r 1 Investing Corp Par 48 100 Trust 2.50 Street \l ion 31.81 14.64 13.38 Line Fund Inc Avenue Trort~~.10 Chemical 28% Commercial National Bank & 7.75 United Chase 26% ., 11.75 Shares Oo__10 _ 10.78 . Fifth & Companies Ask York 1 Trusteed 1 New of Bankers 86c; Inc Fund Manhattan 6.85 78c Bond Bank the 54.50 Television Union of 6.26 11.77 Value Equitable 1950 Chicago 52.00 10.74 1.07 Bank Bid York 1 lc Industry New Corp.* Investment Fund Banks & Trust 2.80 Par 2% 19.25 American 5. 25% 17 _1 Shares 26,79 Automobile 1.10% 13, 19, Sovereign Investors State Amer 17.64 American bl.18 Oct. 51.95 24.56 American 1.10% Oct. valuei_* 1 Alliance Ask 1.10% bl.18 1.08% Fund 1 American Oct. Bid bl.18 — 1.08% 26.74 Bds) Life 1950—; 1.08% 5 Bonds) Aetna 28, bl.18 24.73 Boston___i Agricultural 1950- Sept. bl.18 5 Priced Aetna 21, 1.08% bl.18 _1 (Low Aetna Sept. bl.18 1950 1.06% 1950 Shareholders Trust of Boston shares (Net Asset Value) Aug. 10, Ask bl.18 1950 1950 lc Fund 3, 31, Fund (Medium Trust Treasury Bills Bid Aug. 24, Trading (Geo) B-2 Loomis United Slates Aug. preferred B-3 Lexington 11.50 Aug. 5 Fund 1.30% Aug. Selected Custodian Funds— (Investment Bonds) Knickerbocker bl.45 7.41 1.91 Keystone K-l 1-50 6.84 4 92 America Grade 5- 8.03 1.75 Investors Management Fund B1 1.30% 1-50 8- 10c Tobacco Pacific Amer Investors Ltd— of 1.25% 6.24 4.55 and Bond Group Co bl.45 7.73 1 shares Investment 2-51 6.76 10c Fund Group shares Group ~ Scudder, Stevens & Clark Incorporated Investors Insurance 1.30 % 4- bl.40 . 9.91 Fund Aviation 1.30% bl.45 3-50 7- 1 ,_l 5.54 lc Institutional Shares 1.25% 1-50 „1 2.64 shares Fund bl.40 1-51 1-50 6- 1 „Jl equipment 9.04 shares Income Foundation 1-51 3- 3-50 5- 1 Utility —lc stock Plan Fund 5 05 Utility shares Howe Invest lc shares Tobacco stock lc shares Bond Shares Equipment shares Steel ' preferred equipment lc shares Railroad 2-51 2- 4- 11.68 1 1- 1.25% 1.25% 1.25% 12.67 stock_^l Ask bl.40 bl.40 1-50 4.59 634 Bid 1-50 1-50 3-50 1.35% h 7.08 Due 1212- 3- 1.30% 1.20% 11- 8- 7- 1.40% 10- 2-50 1-50 13.45 £1-1.47 Dated 1.30% 1.15% 3-50 2- Electrical Mining .9863 1.40% bl.35 1- 1.30% 7.38 Petroleum .9973 99.9779 1.35% 1-50 1.30% 7.62 Railroad .0093 99.9905 1951_ Bate 9.50 8.84 7.62 Merchandising shares 99.9966 1950 1, 1.35% *12.16 - 6.73 shares 1950 15, 1, l%s Jan. Ask bl.35 1-49 1-49 7.24 Priced Sept. l%s Oct. Federal Intermediate Credit Bank Debentures 11- 6.95 shares Ask Indebtedness— 99.29 12- lc bond Bid of 100.3 100.2 1.30% lc General l%s 100.1 1.30% lc Fully administered shares 100 .0246 100 15, l%s March 15, Rate shares Chemical MaturityCertificates .0249 4.64 Inc— shares Building 101.18 99.26 Frloo Ask .0252 ,17.53 Corpprfte bond series Automobile shares L ' 4.25 16.30 Chemical to Stock Fund_lc (The) 1 Building supply shares 1957-1955 3.96 15.59 Securities— 1, 7.55 _.;1 54.82 changed 1%S Oct 5.51 .1 Low Priced Com Stock Series I Stocks 100 3.60 5.04 . 1 Name 101.12 Feb. 4.92 3.29 ,1 Stock Series ' 1 Agricultural 99.26 1955 1953 119% 100.0086 6.90 Gas Investors Trust 118% 100.0067 1, 1 Series York Group 1981 l%s March New General 1953-1951 1, 99.22 100.2 100.0069 Aug 1%S 15.39 Inc 99.30 l%s July 1 1951 "B" l%s July 1, 1951 "C" l%s July I,. 1951 "D" 7.55 2 Corp 1, 2Vas 99.16 ' Dollar 7.56 Fundamental Investors Inc Fund 1952-1950 l%s Jan. ' • Bid 6.91 England Fund Capital Ask 1, U. S. Certificates of Indebtedness 1 New Industries Bid l%s May Iaauet Panama Canal 3s 6.92 Stock Speculative 25% 14.00 _1 5.14 General ' Other 1%S _i Corp SerleB— 6.20 series I Central Bank for Cooperatives— l%s Feb. 1, 1953 Maturity— lc stock 100.1 14.77 lc Common 100.1 99.31 14.27 1 Inc Pstced Bond Series^ Preferred Franklin Custodian Funds Inc— Preferred 3.72 Securities— National security Bond SCries 2.03 24 (l Inc-1 Fund Boston National ^investors 27.27 Fund 3.37 * interest. 2nd of Balanced f Fund 4.13 Equity Inc IfSWst Fund Inc 18.30 Fund of-beneficial Investors Nation-Wide 27.05 Stock 9JT.31 Treasury Notes— Howard— & Balanced Fund Fund 3.93 Trust— Fund 14.39 Eaton Bond Mutual 18% 1 Fund shares Investors 5.84 Consolidated Investment Trust-l shares Mutual 139 Delaware Dividend shares Steel Mass 4. Sept. 15, 1950 l%s Feb. 15, 1951 8.50 Furnishings shares Manhattan 15.25 __100 4,470 point a 5.16 7.76 32nds of more 5.11 IQc or Federal Land Bank Bonds— 4.71 lc ear Ask I '4.19 lie Bid 1.35s 3.71 3.80 Paper 33.53 1 Fund Christiana Securities 47.63 3.56 Petroleurh Broad Street Invest Corp Bullock Fund Ltd 47.63 lc 8.81 value asset Federal Home Loan Banks— iio Non-FerftJUs Metals Bowling Green Fund Inc— Net Fund— shares Figures after decimal represent Aak Home 2 % Inc Bid Business Equipment shares, lc Electrical Eqiupment sharen-lc General -Industries shares lc 4% of America Fund Boston Automobile 8.57 1 Saylgs Second Asset'Value) Managed Funds— 15.34 1 par (Net 3.93 1 Corp Blair Holdings Corp.. Loomis 28 5 Inc B Beneficial Bond Mutual Fundftr— 6.65 1% 10 Inc Holding Corp American Bid 1 Obligations Of Government Agencies r;..: • Mutual Funds— Aeronautical •No x Ex-dividend, par value, y Ex-rights, tin default z Ex-stock tThese bonds dividend. subject to all Federal taxes. 41 42 The Commercial and Financial Chronicle (418) . . . Monday, July 31, 1950 Week Ended July 22 1950 THE COURSE OF BANK CLEARINGS Bank will show week this clearings an country, indicate that for cities of the + 7.3 947,448 + 31.2 1,097,232 + 3.6 1.081,333 947,477 3,346.767 3,060,261 + 9.4 3,136,415 2,754,033 1,061,000,000 39§,000,000 + 18.0 938,000,000 782,000,000 3.358,758 2.766,636 + 21.4 3,237,679 2,900,903 Scranton.. 6,292.299 4,553.397 + 38.2 4.709.187 3.733,715 Wilkes-Barre— 2,945,776 2,379,207 + 2.3 2,732.933 5,687,554 4,030.005 + 41.1 4,137,436 3,629.524 11,208.947 8,644.150 + 29.7 9,689.400 6,333,146 _ Philadelphia York _ Delaware—Wilmington 1,870.775 12,190,623 7.147,360 + 70.6 7,167,276 5,375,659 1,109,759,204 935,333,503 + 18.6 976,244.727 811,540,566 Jersey—Trenton cities) (11 851,392 - TELEGRAPH BY % 1949 1950 Week Ended July 29- $7,523,757,348 $6,401,308,751 519,866.821 + 14.5 966.000,000 837,000.000 + 15.4 Philadelphia— 191,428.768 158.705,973 26.3 345,710,665 286,347,034 + 22.9 Columbus 37,355,600 33,308,600 + 12.2 41,140,200 21.473,000 27.2 Mansfield 6,341.423 4,622,690 + 37.2 6,467,547 Youngstown 8,144,107 6.988,853 + lb.5 6,440.502 6,032,621 336,137,386 273 348,161 + 22.7 312,054,707 259,509,491 1,000,353,785 799,522,679 +25.1 911,250,682 742,532,672 387,555,053 242,216,840 + 254,800.000 + 11.9 292,314,000 293,495,159 + 10.0 339,507,777 271,529,254 + Pennsylvania—Pittsburgh + Total (7 Cities) Fifth Federal 25.0 241,293,919 207,227,308 + 16.4 $9,717,313,186 + 17.6 2,864,606,620 2,264,676,700 + Reserve District—Richmond— West Virginia—Huntington Virginia—Norfolk 26.5 + 19.3 $11,931,989,886 706,915,171 686,999,824 30.1 + 4.8 11,671,000 9,319,000 130,535,343 3,006,468 98,308,541 2,631,903 11,240,000 116,717,915 r20.0 3,831,229 3,169,748 261,387,625 220,264,115 18.7 226,151,933 136,043,229 94.973,653 73,552,913 + 29.t 72.435,390 57,069,069 515,278,198 427,122,752 +20.6 446,569,883 355,901,178 Maryland—Baltimore District of Columbia—Washington— 2.9 + 2.029,436 2,769,749 + + 19.5 2,178,061 2,833,555 12,779,515 139,472,621 Richmond South Carolina—Charleston $14,295,761,920 All cities, one day. 4,176,412 23.8 $11,431,155,300 Baltimore 5,733,141 8,008,293 -29.0 322,869,877 Pittsburgh 38.1 + 175,398.301 299,686,100 361.831,000 Cleveland 5,569,474 7,093,381 226,183,403 378,498,485 296,400,000 San Francisco. District—Cleveland— Cincinnati 47C.351.141 St. Louis Reserve Ohio—Canton Cleveland 308.088,233 Bos t oti Kansas City— Federal Fourth + 17.5 •595,000,000 _. 1,103,537 1,205,786 1,286,326 Total Chlcago « t 1.018.66:-! New CLEARINGS—RETURNS 1947 1948 1.242,641 1,379.608 Reading for the week follows: nummary Dec. % 1.106,231 Lancaster last year. the corresponding weeft above those of 18.4% be Inc. or Bethlehem obtain weekly clearings Our preliminary total stands at $15,002,677,091 against $12,G68,989,710 for the same week in 1949. At this center there is a gain for the week ended Friday of 17.5%. Our comparative will > Chester the week ended Saturday, July 29, clearings States for which it is possible to for all cities of the United $ District—Philadelphia- Reserve Pennsylvania—Altoona telegraphic advices from the chief Preliminary figures compiled by us based upon Federal Third with a year ago. increase compared 1949 I + 1 $15,002,677,091 $12,668,989,710 wees. an cities lor xoiai Complete and exact details for the week covered in suds Saturday and the Saturday figures are not available at Accordingly, in the above, the last day of the week In the detailed elaborate able however, statement, totals its District by Reserve a In the Kansas 22.0%. Reserve District of 13,995,628 44.2 23.7 67,253,953 57,039,764 4 20.4 235,300,000 136,100,000 12.2 2,890,385 3,666,145 4.180,460 4 4,494,304 2,616,573 + 71.8 3,132,061 2,827,320 80.158,303 + 29.1 81,380,861 70,641,170 Alabama—Birmingham 102,991,623 85,528,433 + 75,045,922 4,691,026 Macon — 20 4 93,601,330 + 19.0 6,413,069 + 33.7 264,601 314,883 127.730,857 4 19-4 122,366,603 104,705,076 605,129,072 + 22.3 629,958,700 518,747,304 + 46.1 + 29.3 9,970,811 + 31.5 7,133,740 5,721,569 6,808,203 Mobile 425.345 315,096 152,463,923 741,073,735 Mississippi—Vlcksburg Louisiana—New Orleans Total (10 cities) Seventh — • 5,187,156 Federal Reserve District—Chicago— 1,643,044 1,124,592 11,747,961 Michigan—Ann Arbor Grand Rapids 9,085,382 1,089,771 1,244,480 8,103,243 ' 4.837.917 6.3S2.170 Lansing Indiana—Fort Wayne 5,235,776 6,749,729 5,642,915 +19.6 5,4.27,705 4,747,592 56,921,000 49,588,000 +14.3 52,744,000 41.274,000 8.980,942 Indianapolis South Bend 7,059,621 27.2 6.636,648 4 i 4,764,017 2,495,423 + 29.0 59.282.227 + 25.2 60,137.129 47,062,652 4,476,323 3,439,334 + 30.2 3,523,096 2,929.739 33.190,000 27,139,312 + 25,774,631 17,437,305 13.058,034 1,336,664 1,174,579 Chicago 815,786,007 Decatur 3,213,537' Terre Haute. 74,205,153 Wisconsin—MilwaukeeIowa—Cedar Rapids— ' + Sioux City Illinois—Bloomlngton— 22.3 23,886,802 + 33.5 12,190.903 12,016,293 + 13.8 658,490,42' + 23.9 1,053,975 723,604,051 660,293,605 4.488,594 Des Moines. of 6.8% and in the San Francisco gain of 20.9%, in the Dallas Reserve District . 103,514,411 Augusta District of 17.8% and in the Minneapolis City Reserve District the totals register ■expansion of 23.8%, in the St. Louis Reserve 67,727,296 215,900,000 15,929,507 + + 15,246,930 21,938,871 83,796,024 259,900,000 Flo rida—Jacksonville in all cases has to be estimated. which we present further below District by 20.6% and the Atlanta In the Chicago Reserve District the totals record an 22.3%. District—Atlanta— Georgia—Atlanta. Reserve Richmond the 25.1%, by Reserve Nashville time of going to press. results of the week previous give final and complete to Federal Tennessee—Knoxvllle the week ending July 22. For that week there was an increase of 13.5%, the aggregate of clearings for the whole country having amounted to $15,413,911,656 against $13,574,766,754 in the same week in 1949. Outside of this city there was a gain of 20.6%, the bank clearings at this center having recorded a gain of 6.5%. We group the cities according to the Federal Reserve Districts in which they are located and from this it appears that in the New York District (including this city) the totals show an improvement of 7.2%, in the Boston Reserve District of 8.2%, and in the Philadelphia Reserve District of 18.6%. The Cleveland Reserve District has managed to enlarge are we (6 cities) Sixth by the foregoing will appear inasmuch as the week We cannot furnish them today, issue of next week. our Total +18.4 3.473.048 + 29.5 3,181,562 2,519,258 11,958,123 11,161,767 912,962 In the following we 13,589,382 11,064,165 + 22.8 Rockford 5,669,452 4,2G6,0S9 + 32.9 5,556,894 4,308,441 Springfield 4,483,977 3.439 011 + 30.4 3,774,156 4,337,557 1,070,296,240 864,660,073 + 23.8 932,071,075 836.531,304 289,300,000 + Peoria 26.4%. Reserve District of furnish a summary by Federal Reserve Districts: — Total (17 cities) SUMMARY Week Ended federal 1st Boston 2nd -12 -11 3rd Philadelphia _ _ 7 .. _. 7th 8.2 558.911,966 7,531,170,165 7,025,340,323 + 7.2 7,567.974.993 6,482,452,344 1,109,759.204 935,333,503 + 18.6 976,244,727 811,540,566 " 1,000,353,785 799.522,679 + 25.1 911,250,682 Missouri—St. 482,974,188 " Illinois—Quincy Total (4 cities). 427,122,752 + 20.6 446,569,883 355,901,178 741,073,735 605,129,072 + 22.3 629,958,700 17 " 1,070,296,240 864,660,073 + 23.3 932,071,075 836,531,304 " 574,483,188 487.513,003 + 17.8 497,877,253 406,654,586 " 464,189,524 380,528.562 + 22.0 386,648,697 310,130.926 Minneapolis St. Paul " 571,101,199 472,494,250 + 20.9 530,320,081 " 313,061,805 293,157,457 + 6.8 252,332,341 252,717,005 ..10 Francisco Ninth 929,593.997 735.213,363 15,413.911.656 13,574,766,754 " + 26.4 783,715,192 14,473,875,590 8,178,411,731 Outside New York City. add now ■week ended 7,159,815,114 our 6,778,811,113 detailed statement showing the figures for each 1949 $ Inc. or Dec. % Tenth ... $ + 6.9 473,358,695 409,390,318 + 6.5 1,710.186 1,583,662 + 18.5 872,738 Federal 887.139 ,1,702.750 + 32.9 + 31.8 7,683,552 5.216.388 Reserve 23,358,987 0.7 22.121,219 10.683.672 + 37.8 11,660,851 JZlmira + 6.7 27,209.800 3,099,940 56 15.5 9,912,504 7,447,24.2 380,528,562 + 22.0 386,648.697 310,130,926 610,160 425,122 460,290 + 62.7 485,359 + 60.7 666,689 484,766 16.2 7,068,388 5,954,386 + 25.0 123.841,21.5 107,256,119 + 7,258,600 6,181,847 7,119,32* + 22.8 15,904,980 11,805,206 + 34.7 14,024,116 12,881,602 376,204,834 13,631,093 2.985,853 318,028,206 + 18.3 360,815,884 331,672,223 + 25.4 11,735,808 11,323,770 1,937,026 + 54.1 2,005.508 1,673,357 2,725.144 1,879,854 + 45.C 2,293,713 1,433,464 571,101,199 472,494.250 +20.9 530,320.081 479,336,656 5.486.958 206,227,099 23,154,523 4,400.000 4.063,419 5,744,374 204,767.000 27,135,321 4,845.000 3,001,704 8,740,368 Federal Reserve 10,868,743 District—Dallas8,289.297 1,229,222 + 97.7 1,602,040 548,751,717 + 3.2 558,911,966 4,399,074 10,897,143 9,074,400 313,061,805 293,157,457 + +20.1 9,000,342 7,223,606 6.8 252,332,341 252,717,005 134.099.159 103,160.261 + 482,974,188 Twelfth 11,895,723 + 94.7 14,372,892 9.225,721 3.396.175 + 17.6 3.024,960 2,517,463 86,683,699 77,997,140 + 5,144,000 4,903,392 6.2 7.5 — 3.3 +11.5 + 2,554,737 York— 81,891,094 243,918,146 23,286,202 4,974,000 Galveston. Wichita Falls +13.0 25,026,420 Fort Worth- 7,335,635 258,971.553 Texas—Austin 22.7 1.782,772 1,552,066 + 14.9 1,532,391 + 10.3 1.804,746 Yakima Reserve District—San _ ' New York 7,235.499.925 6,795,955.641 6.5 7,314,060,476 22,385,523 18,403,696 + 21.6 21,062,174 15,562,311 17.037,279 12,887,240 + 32.2 13,915,632 9,799,966 16,619,669 13,962.466 + 19.0 14.492,342 11,033,811 855,865 + 13.0 3,564.206 3,334,774 150,296,463 + 30.9 163.467,650 104.167.568 56,199,763 + 21.6 46.411,555 43,994.659 12,479,533 + 32.3 16.512,168 California—Long Beach 9,957,436 9,073.139 8.7 7.399.409 6.170.836 + 24.7 354.125,627 350,147,330 + 32.9 11.411,424 11,112.217 9,831,471 9,048.118 450.477,741 361,287,976 13,727,725 10.330.189 3.612,354 3,913.570 7.7 3.925.953 3,118,432 11,046.355 8,191,650 + 20.2 .9,352,773 5,368,564 929,593,997 735,213,363 + 26.4 783.715.192 642.647,780 15.413,911,656 13,574,766,754 + 13.5 14,473.875.590 12,322,166.509 8.178,411,731 Pasadena 6,275,698.918 Rochester +29.5 3,458.600 68,328.176 _ 120,007,501 3,908,211 196,759,715 _ Oregon—Portland 1,307.002 Francisco 155,390.081 Utah—Salt Lake City 1,353,515 2,026,993 Federal Washington—Seattle San Francisco 6,778,811,113 20.6 7,159.815.114 6.046,467,591 + 544.900 Syracuse Connecticut—Stamford. _ New Jersey—Montclair a + 730.336 Newark 49,600,104 38.672,576 + 28.3 42.561,355 58.375.077 43,966,317 + 32.8 53,608,461 San Jose.. — . Santa Barbara Rt.noktnn , Total (10 cities) Grand Total (112 cities). 34.174,383 Northern New Jersey 42.426,714 Outside New Yorl j », 3,042,650 3,255.968 + 6,599,299 Louisiana—Shreveport 2,236,248 __ 6,011,929 4,052.639 + 113,310,943 Total (10 cities) 22,057,700 100,432,858 Jamestown 8,379,160 26.2 3,530,755 7,765,501 Pueblo 7,798,976 26.302,256 3,993,865 Buffalo 10.2 + 748,874 St. Joseph 22,233,767 — 23,156,845 Binghamton + District—Kansas City— Colorado—Colorado Springs 4,405.157 2,429,950 District—New 71,417,341 6,570,344 + 50.0 593.550,616 Reserve 213,872,947 89,468,921 464,189,524 Total (6 cities) Federal 265,022,822 9,601,233 141,614,679 Eleventh 7,536.034 4.906.340 14,720,421 BfcwYork—Albany 5,238,877 19.2 30.5 779,873 1,567.974 1,937,779 28,054,900 Total 12 cities) 6,516,683 + 3,729,054 Dallas Now Hampshire—Manchester 7,073,349 3,523,153 + 22.3 + 567,727 1,786,003 463,829,462 23,183,329 _ 92,850.778 11,036,314 Missouri—Kansas City 1,539,931 9,935,388 Rhode Island—Providence. 6,008,608 257.940.686 8,893,158 Kansas—Topeka 3,703,395 + — 7,360,526 ... Connecticut—Hartford tfecond 406,654,586 Omaha • 1,687.033 2,263,333 __ Worcester New Haven 497,877,253 Lincoln 1947 4.003,461 2,063.663 _ E*owell Upringfield 1948 1.0 1,671,466 4.706,610 495.991,709 Massachusetts—Boston.. New Bedford + 17.8 Hastings 9.8 1,834,418 .. ... fall River 1,718,874 487,513,003 4.445,719 — Wichita 1.051.398 Portland city for the July 22 4,661,581 Maine—Bangor 63,955,446 1,822,355 7,350,790 Total (7 Cities) District—Boston— Reserve 77,045,029 Nebraska—Fremont $ at— Federal 19.6 + 29.7 121,215,569 Montana—Billings July 22 for four years: 1950 Clearings + 1,763,373 307,468,920 — - North Dakota—Fargo 6,046,467,591 + Week Ended first 90,730,266 79,055,862 District—Minneapolis— Helena .112 cities We 121,509,869 12,322,166,509 + 20.6 Reserve South Dakota—Aberdeen 642,647,780 13.5 Federal Minnesota—Duluth 479,336,656 6 .. Total 29.7 518,747,304 -10 City 250.200.000 + 574,483,188 Tennessee—Memphis 515,278,198 Oth Minneapolis Kansas 297,500,000 117,393,268 742,532,672 " «' . lith Dallas 12.5 152,254,388 94.541,121 2,287,179 325,400,000 Louis™ Kentucky—Louisville " Louis San + 7 Chicago iL2th Eighth Federal Reserve District—St. Louis— $ $ % Dec. 548,751,717 4 Atlanta Mth Inc. or 6 Richmond St. $ 1947 1948 -10 Ath «Jth 4th 1949 593.550,616 York. 4th Cleveland CLEARINGS $ Districts ___ New BANK 1950 July 22— Reserve OF Total (12 cities) __ 7,531.170,165 7,025,340.323 + 7.2 7,567.974.993. 6,482,452.344 _ •Estimated. ! a Now included in figures of Newark, N. J. — + Volume 172 Number 4929 . The Commercial and Financial Chronicle .. (419) the current volume Foreign Exchange Rates the NOTICE Company EXCHANGE RATES CERTIFIED BY and OF TENDER Issue— Date Consolidated Gas Electric Light & Power Co. 1st FOREIGN (except where indicated) in which the details were given in tne "Chronicle." Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily Secretary of the Treasury the buying rate for caole transfers on the different countries of the world. We give below a record for the week just passed: to 43 refunding Series mortgage fund Page of Baltimore bonds— 21, FEDERAL 1950 TO RESERVE JULY 27, BANK 1950, TO TREASURY TARIFF ACT OF Q, R, due 1976.— Aug 1 due 1981 Aug 1 106 T, due Aug 1 106 due 1976 1981 Aug 1 V, 2%%, due 1984 Aug 1 106 Series UNDER Series Series >Series JULY W, 2%%, due 1980 Aug 40-year sinking 1 106 Aug 4 * 9 * Date Pag« 1930 INCLUSIVE 2%%, 23A%, 27/8%, U, 2%%, sinking Series Noon Country and Monetary Buying Rate lor Unit Value Preferential "B" July 26 due July 27 $ $ .297778s .206949s .206949° .174562s ,174562s Atlanta .138958s .138958s Carolina, .111000s .111000s .111000s 2.231573 2.231573 1st .0198375 .0198375 .0198375 .0198375 .0544060 .0544060 .0544060 ...0544060 .909090 .909090 .909090 „ .208500 Czechoslovakia, koruna .908125 .908125 .208500 (Metropolitan), franc.. Germany, deutsche mark India, Dominion of, rupee Mexico, peso Netherlands, guilder New Zealand, pound Norway, krone Philippine Islands, peso Portugal, escudo Straits Union .00285625 .238379s .238379s .208700 .208700 .208700 .208700 .115727 .115727 .115727 .115727 .262500 .115727 .262514 .262466 .262400 .262428 2.772896 2.772896 2.772896 2.772896 2.772896 Closed .140154s .140154s .140154s .140154s ,140154s .496250 .496250 .496250 franc of South .0345071 .0345000 .0345000 .328000 .328250 .328250 .328250 .193329s .193329s .193329s .193329s I .230450 Africa, pound • •Nominal. .230400 2.783750 Kingdom, pound sterling Uruguay, peso Uruguay, peso Uruguay, peso , .230350 .230283 2.783750 2.733750 2.783750 2.800742 Closed 2.800742 2.800742 1 .658327st type of 2301 1 2301 Aug 1 2301 Aug 1 2301 1 9 ref. mtge. 3Va% Union bonds, mortgage 2%% Cleveland Union 2.800742 Southern ,658327st .561797st .561797s t .561797sf Sun .425531»t •425531st .425531st .425531st 29th .658327st 1st of Depot Newark, Co. Gas Co. 3% 1st 1st (In thousands of Corp. (N. 1st mtge.) Public mortgage Holdings Redemption for F. — and advances Industrial loans + 2,676 14,262 150,803 : S. Govt, securities. + + foreign banks Notes of other 5,777,400 + Bank 589,960 _ + 14,474 — 360,277 + 108 + + 44,537,343 $43,000,000 $27,000,000 $23,000,000 in the the in Kansas in San City decrease net a of $26,000,000 at all "other securities" increased $21,- deposits adjusted six districts principal changes in the of increases notes 3,077 — 22,768,730 acct. 21,485 — 153,275 — 16,415,032 Treasurer—gen. acct— 503,995 Foreign — 99,675 + six; the trict. Demand Deferred Borrowings and *■ increased $89,000,000 in incl. items York City $81,000,000 in Chicago. of the summary liabilities and Surplus Surplus of reporting July 12, 1950 Assets— (in July 20, 1950 millions of 1949 451,165 275,592 + + 2,767 dollars) Other 13b) capital 289 + 4,611 4- 226 + 26,084 + 226 + 2,795 Loans—gross Commercial, Industrial, and agricultural loans to brokers chasing 511,339 S. gold 139 + + 13,409 + 21,462 Other Government loans U. 27.543 to serves, note 8. for + 6,153 14,883 ^+ Real 153,275 — estate deposit and F. R. 55.7% Contingent liability on accept¬ ances purchased for foreignt correspondents Commitments to make obligations due 1,040 0.3% — 0.3% + 7,919 1,995 + + 4,993 condition in changes statement leading for the cities week of + 55 850 weekly reporting member shows ended the July following principal 240 with Federal Reserve with In Balance + 4 — 74 376 credited to domestic An increase Banks, of reserve $260,000,000 creased and in most districts and reporting member banks; a the banks, and increases of agricultural total of loans inr $66,000,000 at all principal increases were $20,000,000 in the Chicago District and $12,000,000 each in New York City and in the Kansas Paf« bds., due 1974_Aug __ 193 July 29 — 9 9 July 29 1951 Aug 9 107 1 292 12 „ due 1959_Aug 1 292 due 1952_Oct 1 2513 stock July 31 111 Corp.— gold bds., series G, 1 111 bonds, series H, due 1967__Sep bonds, series I, due 1967 Sep Light Co. $6 and 7% preferred stocks—Aug & 1 111 1 111 1 113 in this issue. DIVIDENDS 4% Gas preferred Cincinnati + 60 + 642 vault City $4.50 Electric Common + 6,035 Colgate-Palmolive-Peet — + — 2,472 506 — + 440 1,237 and U. S. Govt, + 2 — 114 345 deposit accounts, + 203 — 75 except City District. Loans 7-17 9- 1 8-16 10- 1 9-16 10-1 9-16 8- 1 7-14- 8-15 7-31 f30c (quar.) 8-15 7-31 8-15 7-25 (quar.) Co., Iron (quar.) common preferred System, (quar.) Inc. 25c Co. (quar. Life 183/4C pfd. Insurance Southern preferred Commonwealth Gas 8-11 (quar.) 8-15 7-20 $1.06V\ 8-15 8- 50c $4.25 9-11 8-15 10- 9 (quar.) Co. Ohio Electric— (quar.) Edison Co. $1.06 Company, National 7% 8- 1 8- 1 / 9-30 7-15 6-30 4c 8-15 (accum.)— 75c 8-15 7-31 (increased)— $60c 8- 7-31 Corp pfd. Ltd. Co., 40c (quar.) International 1 (Ohio) 8emi-annual <fc 9-19 1 9- $5 Corp., Carbon Mutual Columbus 9-30 Corp.— 8 8- 1 (Toronto)— Quarterly 24,248 1 Ltd.— Confederation Life Association accounts, during week 8- 20c (quar.) & convertible Concord 1 9-14 20c 50c 87V2c Fuel Conduits 8 9- 25c —1 (monthly) 8- 1 Commonwealth 8.961 9- 7-14 preferred 4>/4% 1 11- 1 Pictures 214 10- 1 Gas 1,256 $1.12 y2 7-31 Columbia 1,642 7-20 12- Columbia + 7-14 8-15 t35c 42 + 7-14 7-31 60c com.— *20c 24 20 12-20 Ltd. J.), + 24 + 7-31 1 + + 1-1-51 9- 57 181 6 J35c 260 — 7- Co., Ltd.— (quar.) (quar.)__ (B. Colorado 5% 1 1 Plow Common $3.50 8- 1 t20c — 15.538 f demand Hardware, Coghlin 1,844 6 6c 118 1,185 7- $1.12y2 preference + 1 (quar.) 3,358 813 Co., (quar.) Common — 1 8- (quar.).. — $1 .20 8- Louis (monthly) Breweries Cockshutt 8- 20c Common Inc., common (monthly) A 8- 8-18 8-18 $1.50 St. (quar.) Quarries Co. (quar.) preferred 8-18 $1.25 Foods, Class 7-20 30c preferred — — 40c s-a)_ $5 Illuminating 14 116 9-15 (quar.) Mahoning Ry. (s-a) Cincinnati, Chicago & 26 — 9-30 Co., common (s-a) preferred (quar.)_„ — 11,972 8-10 25c common — 7 8-10 1 30c Co., 715 89 1 3% 956 21 1 2%% (s-a) (increased com + + 8- Ry. 5% 7-17 9-15 9- & Cleveland, 2 9- (quar.) Columbus deposits Foreign banks interbank, A 10- $2 (s-a) + 47,728 Interbank demand deposits: Domestic banks to Stores Holdert 35c common— dividend preferred Columbian Government Co., 8-15 $1 Co., preferred — 2,198 a deposits adjusted Time deposits, except Government Debits Utilities Stock 50c 5V2% 14 + $1 (quar.) 34 797 domestic banks Demand U. 8. Ltd., When Payable of Rec. Co.— (s-a) Milling Machine preferred 26 5,958 RR 45c (preferred 4% + 9 common (quar.) — — Co., Inter-Terminal 2,217 Banks...... Share Electric & Cochrane-Dunlop 7 Per , Najtie of Company t$2 Congoleum-Nairn, Inc. (quar.) 12-15 12- 0 37'/2c — 9-15 9- 1 Connecticut $1.90 Redemption Galls and Sinking Fund $2.00 $2.04 $2.20 Light & Power— preferred (quar.) preferred (quar.) preferred preferred Connecticut Notices Below will be found preferred and including those common called list of corporate a stocks under called sinking 1 7- 5 8- 1 7- 5 8- 1 7- 5 55c 8- 1 7- $1.50 10c 9- 1 8-15 10- 1 9-20 (quar.) River Power, 6% Chemical pfd. (quar.)— (quar.) Industries, . 5 Inc.— Class A (quar.) 37V2c 8- 1 7-15 Class A (quar.) 37y2c 11- 1 10-14 redemption, Class B 37'/2c 8- 1 7-15 Class B (quar.) (quar.) 37Vfec 11- 1 10-14 25c 8- 1 7-17 $1.25 8- I for fund provisions. Consolidated Consolidated $5 page 8- 50c 51c bonds, notes, The date indicates the redemption or last date for mak¬ ing tenders, and the 47V2c (quar.) Connohio, Inc., 40c preferred Consolidated industrial, Electric 7.033 borrowings. Commercial, 53 due 1966_Sep Coast in $181,000,000 in demand deposits adjusted and $203,000,000 in 1 CALLED 1950-1956 bonds, due 30-yr. 3%% 77 21 + 24,476 Federal Reserve with — balances with domestic banks and $506,000,000 in demand deposits & 2,496 Indebtedness of bonds Reserve — 4,982 Borrowings 19: $226,000,000 in loans, decreases of $116,000,000 in balances ISSUE 15-yr. 4'/2% s, f'.'bds., 15-year 3V4% conv. debs., 36,222 securities—Total Treasury bills Treasury certificates Treasury notes Cash 1,426 Condition Statement of Member Banks The * Aug (Continued from page 10) 4»/2% + 491 Other securities indus¬ 51 — 150 4.776 • Government 8. +173 Liabilities- banks 112 1 1978 mtge. •Announcement Cleveland 614 or carrying: obligations loans U. trial loans 1 __'_Oct mortgage 3+4% mortgage 3»/2% Power Clinton to banks S. 921 pur¬ loans Other 461,585 U. ! for + purchasing Government re¬ liabilities combined dealers Other securities 186,254 certificate and 66 + carrying: or Other securities 44,537,343 of Texas Cleveland 13.791 Loans Ratio Gen. mtge, 2,711 432 — 488.173 accounts Gas Clearfield + 25.695 414,025 + 159,567 — 220,149 7) Rochester Class 67.875 U. (Section 1952 Pennsylvania RR., Philadelphia Co., $6 cumulative preference Citizens Loans and Investments—Total Accounts— (Section ref. and Cinzano, July 19, Loans Capital paid in 112 Light Co.— 15-year conv. sink, fund debentures, due 1963—Aug 14 10-year 4Va 7c debentures, due 1956 Aug 1 Midlothian Country Club— t > \.V 4% assets inc. (+) or 706,872 144,402 — 212,933 — 11,619 43,615,224 Capital 7 Corp., Cincinnati A 57,259 + 4,267 + 2,476,816 accrued divs. f. s. * Aug Gas Cincinnati New 474,631 + 27,578 + 18,358.059 availability Other liab., 5% 1 4>/2% McCord deposits credited to domestic banks de¬ creased in all districts. Loans—net deposits Laclede 292 series Corp.— bonds, District, and decreases of $35,000,000 in the 1,070,894 21,479 — 264,963 Total mortgage 1 mtge. Issue— Chicago District and $25,000,000 in the Philadelphia Dis¬ 461,585 — 257,723 — 1,174,069 Other bds., due 1975_Sep ref. $149,000,000 in New York City, $48,- other Dec. (—) Since bank—reserve and 109 Date Service 3V8% * 1 debentures, due 1961_Aug City) 10-year 4% 2nd due debentures, due 3Vs% debentures, due 1971 Eddystone Apartments, Inc.— General in and Y. serial General increased member banks follows: Reserve Member 8, decreased 195 1971 bonds 000,000 in the San Francisco District, and $38,000,000 in 2,912 Deposits: U. and was decreased were 564,692 + . LiabilitiesFederal l7/a% due Aug Arizona Edison Co., Inc., 1st mtge. 3y2% Columbia Gas & Electric Corp.— Gen. 25 — 1,132 88,927 assets Company series ■ 35,546 assets 525,798 — 245,500 — 2,795.695 premises Total 2,783,100 94,700 + 139,400 Uncollected items Other 288,900 24 banks.. bills increased 321,852 + 3,841,950 — 18,317,209 from R. Demand 2,157 44,700 — 17,964,197 "Other loans" increased $34,- 000,000 and $89,000,000, respectively. 66,319 428.300 + 4,997,100 $173,000,000, reporting member banks. Holdings of United States Gov¬ the Cleveland Total U. and .District District; there and 6,131,000 Due 42,896 — — 3 — 4,057,547 increased 389,297 2,778,550 F. 48,296 — 54,813 + 350.336 U. S. Govt, securities: Bills Bonds 341,001 — 188 — 264,579 ... Discounts Treasury City, ernment bonds and of 22,895,963 cash 55,001 + York Francisco * 522,533 New of $ R. notes Other 1949 $ 22,373,430 fund July 27, 1950 $ certificates securities largely in New York City. or decrease (—) since July 19, 1950 Gold Government carrying United or 1st Increase(+) Assets— States purchasing 000,000. dollars) July 26, to brokers and dealers for Aug 16 1969-Sep 1 J.— N. Caliiornia— due ENTIRE Statement of Condition of the 12 Federal Reserve Banks Combined 291 Sep Oct of bonds, Towers (now 9 1 1970 1971 Ray Drug Co., 15-year 3y2% Wisconsin due stock due Counties Street A, bonds, due 1975 Ry., collat. trust 4V?% bonds mortgage mtge. merchandise. Co. series 1 3Va% Union 3'/a % bonds, mtge. bonds, 27/a% Lighting Co.— Pacific Paul "B" fund 1st mortgage Saint Co.— preferred Co. County Northern ,658327s t 3'/4% Insurance cumulative 1st Co.— Terminals mortgage 1985 bonds, series E, due 1969 bonds, series G. due 1974 mortgage sinking Firemen's due RR.— 4>/t% Terminal mortgage 3%% .658327st .425531^ t tApplication depends upon • 1 Kings .230266 2.800742 Aug »561797st .561797st 282 bonds, series D, due 1962_Sep and Gas Service 2.783750 „ 1 2 $4 .496250 .0345107 .328250 United * Sep 1965 2 1st .496250 , due A, 1 1st ' .0345178 dollar 1 1 1st .00285625 .238379s .208700 I Sep Aug 1st .00285625 krona Switzerland, ,144938s .193329s Settlements, Sweden, .0200600 ,144938s .00285625 .. series America— of 1963 due Aug Cincinnati .0200600 .144938s ,238379s ' Corp. bonds Ky.— bonds, 1st and ref. mortgage .0200600 V 4% mtge. 3% Ohio Chicago & Western Indiana .0200600 .00285625 1st bonds, series A, B and C.Oct Deerfield Packing Corp., 3%% s. f. debs., due 1962—Aug Elgin, Joliet & Eastern Ry. Co.— .208500 ' •238379s Light Co. Clinchfield & mortgage 1st .144938s .144933s REDEMPTION debentures, due 1965 debentures, due 1966 Chicago, Burlington & Quincy RR.— .908125 .208500 .0200600 Denmark, krone France bonds 2.85% .909090 .908125 .208500 .907500 rupee income 3% Official Ceylon, Gas Celanese 2.231573 .0198375 .909090 6% Company and Issue— .206949s .138958s .0544060 Brazil, cruzeiro Canada, dollar— mtge. PARTIAL .297778s .174562s 2.231573 1st Aug $ i ,297778s ,111000s Closed Corp. 1963 .206949s 2.231573 Sherman 106 ' .138958s .111000s Australia, pound Belgium, franc July 25 .174562s .138953s I Long Beach Gas Co., Inc., 1st mtge. 5% fund gold coupon bonds $ .174562s Special York Money .297778s .206949* Free In New July 24 $ .297778s "A" Preferential States July 22 $ Basic United Transfers Witherbee July 21 Argentina, peso— in Cable 106 number gives the location in Dearborn Edison Corp. Co., N. (quar.) Y.— preferred (quar.) Consumers Glass Co., Ltd. (quar.) J37y2C 8-31 7- T 7-3A 44 The Commercial and Financial Chronicle (420) Per Name of Consumers $4.50 $4.52 Corp. Paint $3 America, preferred (quar.j Corn Inc. Corporate 5% prexerred Cosmos Mills . Ltd.--- Co., (final) /. Bit Co., Ltd. (s-a) Crown Cork & Seal, Ltd. deposit $4.20 preierred $20c —- preferred 8% Culver Corp., $2 class A 6-22 f . 7-18 * 7-15 8-15 9-1 7% preferred Leather Class B Delaware Terminal, Common $3.50 8-15 8- 5 Gabriel com. (quar.) Demite Mines, Voting Dcitver Union — Stock Yard preferred 0% Match (s-aj Dicher Steel Construction $1.50 conv. „ Divco class A Corp. Dividend Dixie Co., A Inc. Oil Common 5% Fields, Common 8- 1 7- ! (monthly) 1 8- 4 11- 6 5% Bridge Coal Co., Dominion, Fabrics, Second Ltd. Co., (quar.j Dominion'Malting Co., Ltd., com. 5% I- 2 General 8-18 General Oilcloth & Dominion-Scottish 5% 6% preferred preferred General General $5.50 $4 7-31 7-17 8-31 9-29 8-17 9-15 9- I General 8-25 7-31 5.10% 7- 5% Dominion Woolens & Worsteds, Reduced 4%% Paper Co., convertible Drug Co., Dun & Metals & $5 preferred Products 4%% Supply Co.— , 8-15 7-14 pfd. Ltd & Corp Goriman (H. C.J Co., preferred Rubber Co.., preferred 7-31 8- Class A $2.25 1 Co. T.) $1.25 8-18 7-21 $25c 9-15 8-16 15c ; 8-25 8-15 (quar.) Co., preferred Lakes Lakes Southern West Green (H. Life Insurance Coal Co., Ltd.- L.) Company Greenfield Gas Light— non-cumulative Griesedieck conv. 5% convertible Co., Brewery preferred common 1 7-20 1 8-19 8-15 1 8-15 9-15 8-15 9-15 $1 $1.25 8- 9- 1 8-15 Common (quar.) 7-31 7-10 15c ____ 7-31 7-14 Common 50c 7-31 9- $2 $25c 1 9-15 12-15 8-25 7-31 Hamilton 7-17 $50c 7-31 6-30 Hamilton 8- $2 Well 1 Cotton 8-15 8- 25c 8-15 7-28 9-15 9- 7 40c $75c 12-10 12- „ (lrreg.) 7 Harris 9- 1 7- 7 ioc 1-2-51 12- 1 $1.75 8-15 7-31 8- 1 7-14 8- 1 7-15 10- 2 50c 8- 1 7-17 $1.25 9- 1 8-11 1 7-17 1 10-16 8- 1 7-14 50c 8-12 7-24 $5 preferred A (quar.) $1.25 12- 1 II-10 $25c 8- 1 7-10 25c 8- 1 7-15 10-2 (quar.) Kversbarp. Inc., common preferred (quar.) Harrisburg 4%.% Corp., Life 9-16 Havana 7-15 Haydock 1 8- 9 Hayes 7-31 Hecht Co. Insurance Co. of Canada (s-a) Federal Grain, Ltd., 6%% pfd. (accum.) Federal Insurance Co. (quar.) Federal Loan Corp. of Pittsfield, Inc.— $1.20 participating preferred (quar.)— t$l 108- 1 1 9-10; 8-15 8-11 t$1.62 8- 1 7-17 45C 10- 2 preferred (quar.) Fidelity & Deposit Co. of Maryland (quar.)— (fluar.) (quar.) 30c 7-31 9-11 9- 1 9.20 9- 1 8- 7-15 1 7-20 65c 7-31 7-13 65c 9-30 8-18 25c 9-11 !___ (quar.) common (quar.) 1 12- 1 8 3-12 6-11 i- 1 11- 1 9-20 9- 3 America, ; Hercules 9-15 pfd. (quar.)__ pfd. 8-10 . 8- 3 1 7-20 11- 1 10-20 9-28 9-18 10-14 9-29 8- 1 7-14 8- 1 7-20 8-15 8- 5 (quar.) $1.12% 8- 1 7-18 25c (quar.) 6% 1 8-16 8- $1.12% $12%c 9- 1 8-18 37%c 10-15 9-30 13c (quar.) 7-31 7-12 $$1 8- 40c 7-31 7- 7 933/4C (quar.) Corp. 9- $1.37% 68%c 4%% Inc. Inc. Cement 9-15 2 (quar.) Lithographing Co., preferred 2 10- 15c Bakeries, Fund, 10- (quar.) Products, Ltd. Company, common (quar.) Hercules Powder Hercules Steel Co., 7«-31 7- 7 1 7-21 (quar.) preferred convertible Hershey 4%% 4%% 8-11 4%% 50c preferred A preferred Corp., A preferred B (quar.) com. (quar.) (quar.) B (quar.) preferred series A (quar.) preferred series B (quar.) Inc. Heywood-Wakefield B (quar.) Co., (quar.) Smelting common 1 8-11 9-1 8-11 9-11 9-11 8-29 t$l 9-11 8-11 — (quar.j Ltd Co., 8-29 25c 9-1 8-7 9-1 8-7 30c (quar.) common 8- 1 7-20 56%c 8-15 8- 1 50c 9-13 9- 1 common $1,25 9-30 - $1.25 9 20 • 12-30 12-20 Corp.— $25c 8- 45c 1 8- $25c 1 6-30 6-30 (quar.) 8- 1 7-15 8- 1 7-20 8- 1 $3 pfd.__. non-cum 7-25 10c 6% 8-21 $1 9-1 8-7 7-20 55c 1 7-10 8- 1 7-10 20c 8- 1 7-10 25c Co. (quar.).. (increased) RR. 8- 55c 8-19 8- 8- 6-20 $25c 1* 25c Products Steel 1 7-31 6-21 50c Telephone 8- 1 7-15 Corp;— (quar.) Water, Co 8-1 7-7 (quar.) 20c 9- 1 8-10 (quar.) 15c 8- 1 7-14 8-1 7-14 9 8-30 10c class Brownhoist A Corp. 5c 6% % Silica, preferred and Bond 10- 1 $1.25 8-15 International 7% Harvester preferred Mining Nickel 7% preferred 7% preferred 6% 7-14. 8-15 50c 8-15 7-25 53Vac 8-15 7-z» 56%c 8-15 7-29 53Vic 11-15 10-25 56%c 11-15 10-25 25c 9-15 8-29 $1.12% 8- 1 7-20 ...— International Interstate $4.80 ($5 Utilities Corp. $2.50 8-15 7-14 8-11 8- 8- 7-3 t$1.75 (quar.) 8- 1 7- 3 7%c (quar.) 8- 1 7-14 1 (quar.). 25c 9- 30c 9-30 9-18 $1.20 9-30 9-18 (quar.). com. (quar.) of Rhode 9-15 $40c 10-16 9-15 $75c common (quar.) 10-16 9-15 37%c 8- 1 25c 8- 1 7-19 (quar.) 37%c 11- 1 10-19 11- preferred Public 3.75% * .10-19 9- 1 8-15 9- 1 8-15 9- 1 8-15 Iowa Service, Southern (quar.) Utilities preferred Jacobs (F. Gas L.) (Del.), _ com. pfd. 5% (increased Co. Tea Johnson 4% Johnson K W Company, 3%% pfd. series A preferred, Oil Co. 7-15 8-25 8-31 $25c 8- 1 7-15 8- 1 7-10 7-18 93%c . . . " .. . ! 1 8- 20c , 8- $1 (quar.) (quar.) 10- 1 2 • - 5c City 3.80% preferred preferred Kawneer Co.— Gold 4%% Mines, Keyes Fibre, $3 class A Co., com.__ — pfd. Ltd. $1 9-1 9-29 9-15 7-31 7- 5 7-31 7-5 1 8-15 9-28 8-31 $1.183/4 (quar.) (interim)— " (initial) 9- 120c 1 79%c Quarterly ^ preferred 7-10 1 7-14 8- 1 7-24 9-20 9- 9 Y.) Kingsburg Cotton Oil Company— 1 8- 10c N. 8- $1 $20 Kingan & Co.. 4% preferred (quar.) Kings County Trust Co. (Brooklyn, $1.50 7 <1 25 — Kentucky Utilities Co., 8- 8-13 8-15 15c - , 8- 7 40c (quar.) Company 9- 9-30 • •• (quar.) Kellogg Switchboard & Supply 5% preferred (quar.) Kerr-Addison -- 8-15 95c Light & Power 7-11 ) 8-15 20c Extra Kansas Kirsch 1 $1.25 _ —„ (quar.) (quar.) 7-14 8-25 8- $1 ; Refining Battery 7-31 9-11 20c ,■ ——„ Johnson— & 2nd 8-15 7-25 50c (quar.), Ltd. 1 1 62%c (quar.)__ quar.,)_^_. Knitting Mills of Canada, Jersey Central Power & Light— 4% preferred (quar.) 8-15 99- 35c Knitting Mills, common preferred A (quar.) 7-19 8-15 41 %c Jantzen Jewel 30c (quar.) (quar.) Jantzen 5% 97 %c —_ (quar.) Corp. Company, Jaeger Machine 30c (quar.) preferred 5%% (quar.)— common preferred 3.90% 1 Island— Participating Iowa 9- (quar.) Participating $2.50 8-11* 50c Ltd., preference preferred 2 t8%c (quar.) Corp. Foundation, 1 Co.— Corp., Investors Trust Co. 8-5 1 Ltd.— (quar.) convertible 8-13 9- $1 Canada, par) par) Bakeries Investment 6% 9-9 f75c (irreg.) of preferred preferred Intertype Ltd Corp. Resistance convertible " • 37%c 1 ' 9-20 $1.50 preferred (quarj) 37%c 1-2-51 12-20 $1.50 preferred (quar.) 37%c 4-1-51 (quar.): 3-20 Knudsen Creamery Co., 60c preferred Kobacker Stores, com. (quar.)_^ $1.37% Kokomo Kresge Kress (S. (S. Kroehler " (quar.) S.) (quar.)___ (quar.)__ (quar.) Company ' preferred A preferred A »quar.)__^ preferred — Inc. preferred (quar.) University— . Bank (Brooklyn, 50c 9- 9 8-25 Common 31c 9- 1 8-18 7% Milling Co., (quar.) preferred (quar.) 9-15 7-14 8-10 7-31 7-28 7-17 y 8- 1 N. ■ 7-14 * 9-3$ 12-27 Y.) 50c Woods 8-10 10c. 10-10 10c 1-10-51 — National 9-20 12-20 1 8- 31 %c — ' 10- 2 10c 20c Extension the 8-22 8-10 1 1 9- $1.75 (quar.i— Semi-annual Lake of 9- $1.50 — (quar.)__ Quarterly Quarterly Lafayette 9-28 12-28 7-11 9-12 —• (quar.) Telephone Corp La Plant-Choate Mfg. Co.— conv. $1.50 75c. (quar.) Crosse Salle 7-14 $1.12Va $1.12% L— (quar.)— 4%% La 7-14 7-31 8- 1 , 4%% La 8-15 7-31 50c 50c . Mfg., Apparel 8-25 • 34%c (quar.)_— Works, 67c pfd. & Company H.) 15c 10- 20c preferred Water L'Aiglon 1 7-20 $1.75 Co. <$ IOC 1st 1 7-31 1 Co.— Holdings, International 2nd preferred 8- 8-31 8- (quar.) 7% 9- 25c 30c $1 6% 35c 6-30 (quar.) Quarterly 3 30c 7-31 3c International Business Machines Corp.— 9-20 8- 9- (quar.)—... Corp., common preferred (quar.i.. 4%% 17c (accum.) , shares Group Interchemical 5% Chocolate preferred (quar.)_ Corp.— (quar.) preferred Hewitt-Robins, 5% 5% 9- oUc 56%c Kroger Company, common Products 7% 4%% $1.50 9- tl.37% Co 6% 9-20 35C prior 9-11 12- 7-20 40c Federal-Mogul Corp. (quar.) Ferro-Enamel- Corp. Fibreboard Products, Inc.— of (quar.) Steel 3%% 20c Fire 8-8 ... Mfg. Corp. Hathaway 1 12.50 Philadelphia Hat 9- Co. 6-30-51 Sl.37% Light Co. Ltd., class A F.) Hastings 8- 25c Insurance Co., pfd. Electric (J. 50c Quarterly Gas preferred $1.75 25c preferred (quar.) iquar.)„ 3-30-51 15c Company 5%% preferred (quar.) 5%% Hartz 9-15 8- 11- $25c (A.) Hartford preferred Ltd. Inc. Handmacher-Vogel, 7- 7-24 7-15 37%c $1.06% (quar.j Shares, Ltd.— Insurance Group shares (s-a 1 1 1 $12%c Co., 7-25 75c (s-a) (quar.) 1 1 Investors Jacksonville $12%c 8-30 1 Ltd. 88- (initial).: Associated Indiana 9-7 50c Co., 25c (quar.) preferred Industrial 7 Co.— Increased Bridge 8-25 8- 10- $35c Cementing 8-14 $1 common Co. Indianapolis 11-25 9-7 $35c 15c preferred Corp. Oil $2 8-25 1 $1.25 Extra Halliburton 1 (quar.) preferred Indiana 7-15 10- $1.25 (quar.) 9- j... & RR., Co., Incorporated 7-14 1 Canada, Ltd. . 7-12 $1.25 common Co. Zinc 4% 1 8- preferred of 1 Imperial Tobacco Co. of Canada, Ltd.— 8-15 $5 7-31 Stock 89- 9-30 (quar.) 7-29 8- (quar.) Terminal Illinois International 12-28 $5 preferred (quar.) Gypsum Lime & Alabastlne 7-29 8-15 50c (quar.) preferred Illinois 8-16 $1.25 9- 4.08% 7-21 1 $1.25 8-15 Bank 8-31 8- (quar.) $1.25 Brick Power 7-15 (quar.) 7-31 of 1 preferred 8-15 .Fire Association 8- preferred 30c Fate-Rcot-Heath 7-1 $5 25c Traders 1 $5 37%c & 8- 8-31 (quar.) Metalurgical 8-1 7-15 9-29 8-15 $1.50 common iquar.j Central 7-8 1 10-14 8 8-3 9-21 $25c 7- 50c (irreg.)_ 62%c common Y.), Extra 7-20 8-1 .,, 8-1 8- B (quar.) prior preferred A * 1 15c 7-31 Faber, Coe & Gregg, 7% Fairbanks, Morse & Co. 8- 15c 8-15 5% 1 8-3 Gulf 25c Ltd., 8- 7-20 1 Griess-Pfleger Tanning Co. (quar.) Mills, 8- 7-15 A RR. $1.27% 7-15 (quar.) 7-20 Co. Co., Illinois 7-4 1 1 common 1 5c Illinois 8- 1 RR., 1 8- 2 Institutional 8- Ohio 9- (quar.) preferred 4% 7-18 8- & 9-27 (quar.) (s-a) Power 8-15 37%c (quar.) 1 $1.12% A Extra 30c Mobile Idaho B Industrial 37vac (quar.) preferred 9- (increased! Preferred 7-18 $1.12% (quar.) (quar.) Common 7-18 75c (quar.) 8- 9-27 Co., preferred (quar.) Hydro-Electric Securities 7-31 50c (quar.) preferred Western 5% common 7-1 8-25 5% 7-31 15c Co., 8-1 40c common Car preferred 7-14 56%c (quar.) 11-20 80c Company preferred 9-;7 933/4C (quar.) 1 25c (s-a) common 25c 9-28 25c (quar.) common 12- (quar.) Refrigerator Co., 8-15 25c — Dredge & Dock Co. Engineering (quar.) Great 6% A (quar.) Great (accum.) (quar.)_ 33A% preferred (quar.) Grayson-Robinson Stores, Inc. 9- 6-30 $25c 8-15 1 class class 8-15 10- common Company, Ltd., (W. $1.50 Co., & Grant "B" vtc Employees Insurance Co. (s-a)_ Bank (N. Y.) (s-a)_; 7-20 Associates— 1 25c 1 1 8- Canada— National Grafton 5% 6-30 $50c 8- 9- 6-30 $1 (quar.) com. of Union 1 (accum.) (quar.) Hosiery Co Grand 10- 1 1 1 15c (quar.) 9-20 (Md.)— 8- 88- 15c (quar.) Inc., 4% pfd. 8-18 $1.75 Corp. 8-15 $1.50 $1.37% 37%c common— (quar.) convertible Great 1 America of Co. Rukjber Co. Goodall-Sanford, Great 11- 25c Insurance 7-14 7-25 11-15 30c Republic Semi-annual 1 (quar.) First American 8 7-20 1 8-21 $1.06% (N. International 9-29 A Federal Globe 6-30 1 8- 56%c (quar.) Government preferred Fansteel preferred Grace 8-25 8-18 8-15 $1.25 9-21 8- 9- 8 Company 1 15c 35c 1 20c & Mining International (quar.j H.) 2 7-14 Kalamazoo Farmers (P. 8- $22c — 7-10 9- A Y.j Co., Huttig Sash & Door Co., 7-10 Safety Razor Co. preference Glatfelter 10- 1 1 10c $1 i 8- 10% Goodyear Tire & Rubber Co. 4% preference (quar.) $5 6% dividend $30c (quar.)— 4 '8- 1 10c (special) Gotham 9- 1 7-10 25c (quar.j Motor 7-31 7-10* 10% 8- 8- (special) A 9-21 4 8- 8-15 8- $1.25 class 8-21 Erie Railroad Co.-~- Esmond (quar. Stock $5 8-15 7-10 1 Special Hussmann Stock - dividend Class B Gillette Hudson Corp.— (quar.) Brewing Co., Stock Bay 7-10* 7-25* 7-20 1 8- (quar.) (quar.) Co., Hudson $25c $$1.25 (quar.) com. 9- 1 1 Credit preferred preferred 6% 8-15 8- 1 1 8- A (quar.) Co. preferred 87%c (quar.) Waterworks 4%% 11-10 60c 87%c 8- 25c Corp., common (quar.j.. preferred (quar.j..— 62%c ! 10- 2 8-15 8- preferred & 7-17 $1.50 convertible 20c Erie 1 8- 25c Eppens Smith Co. (s-a)—: Equity Corporation,, common $3 3 3 17c Employers Group Associates (quar.) Enamel & Heating Products, Ltd ■ 77- $1.12% SI class A (quar.) Empire District Electric Co.— 5% preferred (quar.) Empire Millwork Corp.- $1.50 1 1 30c (quar.) Elastic Stop Nut Corp. of America ©Bin National Watch Co. (quar.) Empire Brass Mfg. Co., Ltd.— Class 88- 5 11-10 31 %c (quar.j. Stores Sound 50c common 15c (accum.) preferred Employees 7- 11-25 11-25 7-21 Lighting & Power Co.— 30c (quar.) $1.75 35c — Edtiy Paper Co., Ltd., class A (quar.) Edgewater Steel Co. (monthly) Ekco 1 8- 3 "A" '(accum.) States Sugar 9- 8-16 7-17 9-18 $1 (increased) (quar.) Wares, Ltd., Steel (quar.) (quar.) Co. Corp., preferred $5 1 2 25c common.. preferred $6 50c common Mine, $7* preferred $6 preferred Eastern 4 7-14 8- 10- 6-28 A.) (Joseph) $2.25 1 8-15 1 37%c preferred A preferred 4%% , $1.50 preferred Goodyear Tire & (quar.) preferred B Eastern 6 7- $$1.12% Eastern Industries, Inc., 6% pfd. (accum.)— Eastern Massachusetts Street Ry.— G% 10- 1 $1.50 Co., preferred Genesee 6 10- 8- 93%c $30c preferred Sullivan 11- 1 7-31 $12 '/2c (quar.)— Dupian Corp. (s-a) Dupuis Freres, Ltd., 4.80% Dwight Manufacturing Co Ea'r.t 10- 10-15 $1.25 Utilities Shoe $3.50 Goodall (quar.) Bradstreet, 4%% 7-14 8- 1 $25c 125c (quar.) Dtyden Paper, Ltd Ducommun General 7-15 Ltd.— (quar.) common preference 7-15 7-20 8-8 50c (quar.) Refractories Globe (quar.) Druvo 4% convertible Public Ltd.— preferred 7% preferred (quar.)— Corporation, common ( - 8- 50c (quar.) (quar.) General 5 1 9-1 8-15 1 8- (quar.j (quar.) Hardart Illinois Service, General t25c — Donnacona Corp. Public 6-30 11- 1 8- 1 $62%c Dominion Tar & Chemical, Ltd., com. Common voting trust certificates — Advertising preferred 4%% (accum.) (increased quar.) (quar.) 7-21 Ltd.— Dominion Steel & Coal Corp., Ltd.— Class B (quar.)„ Dow 8- 3 .8- 1 8- 1 140c Ltd Linoleum, Paint General 8-15 :1 $1 (s-a) C (quar.) Outdoor (George preferred Howe 1 9- (quar. 1 preferred & Howard 7-14 $2 - (quar.) 1 7-31 „ (quar.) 6% 8- 7-20 $4 7-20 1 15c 7-15 8 1 8- $1.06% 15c (s-ai 7-24 8 8- Corp.— (quar.) common preferred 7-15 8-14 Motors Corp.— preferred 9- 1 Inc. Houston 1 15c Co Corp. Inc., 8- 1 7-31 t25c $$1.25 Investments, preference Industries $5 t25c (quar.)—- -— (quar,). 8-21 12- 25c $3.75 9- 9- 62%c (s-a) 7-14 8-1 9-11 12-20 $$1 (quar.) (s-a) preferred 8-18 9-25 10- 2 8-15 7-31 8- 1 5% 100% A Metals Mills, 7-14 15c 37'/2c preferred Foods Corp., com. preferred (quar.) General 8 (quar.)— Transportation convertible 8- $$1.25 (quar.) preferred (quar.)— preferred (quar.) .5% Dominion preferred $3.50 Horn 1 Corp.— 5% General Hormel 7-15 8- 6% (quar.j Co., common (quar.) Finance 7-19 (Texas) 8-1 175c 120c $37 %c Ltd., 6% pfd. (accum.) Ltd., common preference (quar.) convertible Common General 5% Anglo Investment, Ltd.— preferred (quar.)—. — Dominion Baking 1 1 pfd. conv. (N. convertible 8- 7-14 9-29 8- 9- tl5c (quar.) (quar.j Co. preferred 8- 1 10-15 25c 30c Electrochemical Horder's, 7-15 50c (quar.j A common $4.50 9-18 12-18 1 8- & Company Insurance Home 4% Oil 5% 9-19 10-17 I2%c class preferred (Henryj 87%c 12%c dividend preferred 10- 2 1-2-51 30c preierred 9- 1 9- 1 9- 1 Dominion & Dominion $8 $40c (monthly)- common (monthly; Hooker 30c preferred series A $$1.25 (quar.)— preferred Home 7-20 Inc., Corp., conv. 8-15 9-29 10-27 $1.25 (quar.j Ltd.., 8-25 20c (quar.j class 7-20 1 Stores, 5% 25c prefered American $4.25 25c 25c 25c (quar.j Finance, Oominguez 9- 1 8-14 General General 2c (quar.) non-cumulative 1 8- (quar.) Co., 6% American Stock 37 %c 62 %c 15c $17%c 31 %c — common $1 8- Inc.— $37%c 40c , Ltd Mines, Domestic 7-24 7-24 Inc., General (ouar.)— (quar.j— Dodge Mfg. Corp. Dome 7-24 Ltd. (quar.)— Shares Cup Class Co., ciaos Holly Co. Co., Holly Sugar Corp.— preferred 9c preference non-cumulative (quar.j (quar.j Gardner-Denver General 8-18 5% preferred A Gamble-Skogmo, 5% General Trust $1 55c 25c $1 1 2'/2c 75c 75c SI (quar.) Investment 7-14 7-14 20c (quar.) $1.50 1 Company preferred HoJt 8- Mfg. Mfg. $4.25 Canada, Ltd., 4% pfd. Gale & Company, common (quar.) 3 Hoiden 20c 20c (quar.) 8- 1 7-31 7-31 (quar.)— com. of Gearko, 8-21 Holders Payable of Rec. Co.— Company 9-15 (quar.j Co., preferred preferred 7- 8-15 11-15 $4 1-15-51 participating preferred (s-a) Dictaphone Corp., common (increased) 4% (Robert) 1 Hobart 9- 1 8-15 Lumber E.J $$1.12 % : Securities Company, 8- 50c 50c 0% Diocesan 7-11 8- (EdwardJ (Charles 7-22 7-22 (quar.) : Co. Oil preferred Gair Co. Hines 7-3 2%c Industrial 6% 7-21 8-7 8- l (quar.) pfd. prior common (irregular) Fullerton Gair 7-21 1 & Company 4% A (quar.j Detroit River Tunnel Diamond 7-20 75c — series (quar.j—— preferred 6 7-20 6c Co Deposited Insurance Shares, Detroit-Michigan Stove Co. 5% « 12- 9- 1 7-31 10- 2 8-15 8-15 8- 1 25c 25c $2 (quar.) stock (quar.) common 9- 8- 1 8- 1 9- 1 30c 12c (quar.) Ltd debenture fl 8-10 9-18 12-18 8- 1 17V2C Light Co. Dcunison Mfg. Co., common class A (quar.)_ 6% 11- „x $1.75 $1.25 37 %c — (quar.j& * 1 8- 10- 2 (quar.) 6% Common 9-16 8- 5% prexerred Higbie Manufacturing Co $l2%c pfd. (s-a) (quar.) B.) 8-14 9-10 50c 50c 35c preierred (quar.j class A (quar.) Co., (D. 6% (quar.) Power AA Co., 2%% $2.75 12%c 37%c (quar.)__ class A (quar.) Brush, 7-14 Hires (quar.) & Malting, Grain 8-14 10-20 Co. Corp., J.), Ltd., Share 15c preferred Class 8-30 $1.12% (quar.j— Davenport Water, 5% Davis Fuller Fuller 1 Company Spencer, Bartlett & Common (monthly j Common (monthly) Common (monthly; 25c quar.)___ preferred Froedtert 8- When Per Name of Hibbard, Higbee quar.)___, preierred Kleiser (A. %% 9- 1 9-30 10° 10c (quar.J & 4 Fulton — preferred 933/4C Corp.— deposit receipts for pref Fort Wayne & Jackson RR., 5%% & 7- 7 12- 1 Ltd.— Co., Freiman 8-30 1-2-51 Corp.— Machine & (increased convertible Motor »1.75 (quar.) (extra) Railway 60c $1.05 $2 fjemi-anuuai Dallas Common Ford Foster-Wheeler 7-31 8-15 $50c $1 (quar.) iquar.J Curlee Clothing, 4%% Curtiss-Wright Corp.— $2 class A (quar.) — Brothers Gear Foote Foster receipts (quar.j preferred (s-a) Monday, July 31, 1950 . Holders Payable of Rec. 50c $1 (irreg.) common Machinery & Chemical 33/4% preferred (quar.) 8-11 Cuban-American Sugar Co. •(% preferred Share Food $2.20 (quar.) Forster, & Crum $2 Coip., 7-29 +25c preferred York 8-14 - 9- 1 — 2nd $4 First — ordinary Zellerbach, 7-18 _(yc 121M Craig Crown 8-14 8-15 8-11 American Ltu., 4 8-14 25c * (irreg.) Ltd., common— (quar.j Imperial Courtaula s, 8 8- 8-1 75c (quar.)_; Investors class A 8 9- When Per Name of Company Amer. — Corrugated faper Box Co., 9- 1 9- l 9- 1 9- iN. Y.— Excnange Bank Trust Co. Quarterly Coco. 9" 1 8-21 25c 75c +!5c (quar.j—— Co., com. (quar.) class A Ltd., 8-21 10- 2 10-2 8-21 7-28 $1.13 75c common (quar.j Co., of Rec. $1 (quar.j Varnish & prior Cooksville Holders Payable 50c $1.12,/2 (quar.) common (quar.j of preferred Cook Co., preferred preferred Container 4% Power When Share Company . . Ltd.— 8-15 . $40c $51.75 7-31 ' - -9-1 8-1 1 8-1 9- Volume 172 Number 4929 . The Commercial and Financial Chronicle . . When Per Name Lakeside $1.16 o/ Company Share Laboratories, 29c Co Inc., Bryant, Lee & Legare & Gold Salt Lewis Co. Savers Liggett & Parke, 8- 1 7-17 Patican 11-15 11- 4 4.80 7c preferred Company, (qua-.; $1.20 8- 1 7-17 Peabody Coal 8- 1 7-14 Monroe 8-25 8- Montana Power Co., $6 pfd. Moody's Investors Service— 50c 8-30 8-18 50c 8- 1 7-14* Morgan pfd. 96'Ac 8- 1 7-14 Morris $2 (quar.)_ 1 $3 New 8-10 Morris (Philipi 8-21 Morris Plan 8-15 7-31 8- 1 7-20 40c (quar.)_____ 9-15 8-15 7-31 $1.12% common 40c _ Co. 1 r'Sc pfd. 3 (quar.) 9- $1 $2.25 Morton 8- 1 8-10 quar.) 45c 9-15 9- 8- 1 7-24 Quarterly 30c 11- 1 10-24 Life Printing Co., preferred Lindsay tC. 6%% W.) Liquid & Little Co., Miami 50c 8- 1 87 Vic 8- 1 t$4 8- 3 9- $1 25c (quar.) common 9- 87 >/2c (quar.) 9- 1 stock (quar.) stock Chemical (quar.) 50c Co. 8- 4 Shares 9- 9 8-22 50c 12- 9 3-10-51 Battery preferred Chemical 9- 9 8-22 National City *4.30 original stock $1.10 12- 9 11-21 National Container $4.30 original stock S1.00 3-10-51 2-20 National Distillers National Electric $1 7-31 7-21 $1 8-31 8-21 Joint Company Pipe Common • Common 8% preferred (quar.) Loew's Theatres Boston Extra Lorain Coal 5% Dock & preferred 5% preferred Lord & Co. Light, Louisville Henderson Lowell National Lead 7-17 National Linen 10- 4-1-51 Common 9-20 12-20 3-20 4 57c National Starch National Tank National Tea 8-15 8- 1 $2.50 8-15 8- 1 Inc. Co. 1 stock now on $1 a annual Lynch 1 8-15 8- 5 25c 8-15 7-25 7-25 Preferred The 8- $1.0«"4 8- 9-15 8-15 10c (quar.) 8-15 J3c Corporation 7-31 7-24 10c 7-31 $1.06 Vt (quar.) Corporation, Ltd. preferred (quar.) Mar-Tex 7-24 stock 8- (quar.)_ McArthur Grain Co., Ltd., class A & Company 8-25 10- 1 9- 5% 12- 1 8- 1 7-14 demption plus this Philadelphia quar.) 1st $4 $1.25 10- 2 9-15 20C 8- 1 7-18 31 $110 at 2nd 2nd non-cum. Philadelphia preferred preferred Electric preferred 7-31 7-14 4.307c preferred 9- 8-16 4.407c preferred 8-15 8- 4 Philadelphia 8-15 8- 4 Philip Morris 7-31 7-31 8-15 7-31 & Reading (initial Stores, Merchants & Y.) 1 1 8- 1 t. 8- 1 * 8- - ^ Common 53/4% 7-14 $4.50 7- 4 8 1 7-15 Noranda 7-15 Norfolk 8- 7-14 4% 1 8- 1 10- 2 9-1$ 1-2-51 12-19 7-10 8- 1 7-12 40c 9- 1 8- 4 $1.50 9- 1 8- 4 Northern 8- 4 50c 45c 77-. preferred $1.75 (quar.)__. 9- 1 8-15 7-31 8- 1 7-21 8-15 7-31 25c 8- 1 7-21 37 %c 10- 2 9-12 87 %c 10- 2 9-12 $1 10- 2 9-12 $1 40 % 96 %c (quar.) 8-15 10- 10- 8- 1 6 9-15 $2.50 made the upon 8-10 7% Corp.. Ltd Midland Steel Products Co., com. Rubber 25c < (increased) 10- 1 9-15 10- 1 9-15 _ 50c 10- 1 9-15 com. 25c 8- 1 7-11 56 %c 10- 1 9-11 (quar.)_ Co, Haven RR. Co. Quaker 7-14 Quarterly 1 7-14 Quebec Gold 8- 1 7-17 Quebec Power 8- 1 7-17 Quinte 9-11 11-10 8- HH « Radford CO Railway Marine & Pacific Finance 57c 9-20 4 7c Purina Raymond 1 $3 8-15 8- 40c 7-31 7-24 10- 2 9- 1 8-24 7-27 7-24 8-15 7-24 $1,60 prior pfd. Light, $6 pfd. (quar.) 40c 8- 1 7-20 $1.50 8- 1 7-18 8-1 30c $1.25 8- 1 Reitman's 8-15 7-14 Reliance 7-31 7-21 1 8-25 9-15 8- 1 1 7-20 8-15 7-30 8- 37 %c 8-15 7-31 34 %c Power Public & Service $1.30 1st preferred *___ pfd. Pipe Line 7-14 Common (quar.) 4% (quar.) J Fund, Investors nreferred 7-31 Common 7-31 574 7c 31 %C 8-15 7-31 8-15 7-31 10- 2 9-19 Reynolds 8-15 7-20 Rheem 8- 7-20 Copper & Brass, 75c $1.25 .; 1 (R. J:) B 8- Mfg. 1 7-17 7% 8-31 Rich's, 9-15 3%% 7% ______ 50c $1 1C- 1 8-JS 11-1.5 7-15 7-2P 7-20 10- 2 10- 2 common (quar.)_ Inc., (increased (quar.)^ common preferred „ ;* __ 9-3C 9-35 7-3.5 8- 1 8-1 7-15 9- 0 9- 8 quar.) 1 <quar.)__ — 8-10 9- 1 8-1 .50c 50c '. 8-15 8-15 25c (resumed) Co., common preferred , 10- 3 10- 2 75c Tobacco, Co. 1, 8-15 2 .10888- $1.31 V\ Inc.,-common (quar.) 1st preferred (quar.) 2nd preferred (quar.) 9-15 Co.— 9- 1 12- 1 8- 1 7-31 8- 1 o- , Inc.— (quar.) (quar.) Spring 472% J40c t40c 125c 6272C 52'/2c '25c $1.183/4 $1.25 25c 50c 15c (increased) preferred Class 1 1 1 7-20 7-28 9-Ji 7-3.3 7*» / 7- 7 7-31 9-35 -7-35 7-21 7-21 15c Steel Corp., common (quar.) prior preference A (quar.) Reynolds 8- 1 8-15 8-15 10- 2 8-10 9- 1 75c $1.50 <ouar ) B Republic Revere 8- 1 9-15 8- 1 Inc. preferred A (quar.) 67c 8- 1 10- 1 „ (quar.) 6% 7-31 32 %c :— 7-14 Republic 8-15 . com (quar.) Ltd., Rice-Stix, (quar.) Eastern preferred (quar.) (quar.)__ (quar.)__ (quar.) pfd. - 8-15 Co.— Panhandle A 8-15 (quar.) 5% 7-24 7-24 9- 1 7-30 8* 1 7-20 7-20 1 93 %c 15c — preferred preferred Ltd., 7-35 7-22 ' " 7*35 $27c (quar.)_ (quar.)— Extra Co.— Corp.. (quar.) 57c Class 30c _____ B Electric & Engineering Co., preferred Renold-Coventry, 31 %C ,32%C Light, $2.10 (Canada). 31 %c (quar.) Lighting Knitting 6% 7-15 7-24 (quar.)_ Mississippi Valley Public Service, com. (quar. 5% preferred (quar.) _______ ______ 8-15 non-cumulative 7-14 1 Pacific $1.37% non-cumulative 8-15 10- class class A (quar.) Mills, Ltd., $1.60 25c preferred 67c Company, $1.60 8- Pacific A.) participating Regent $1.25 Pacific (C. J 7-31 8- 75c 50c 25c 50c 50c 42/5c common (quar.) A ' . 37V2C 25c 50c (quar.) common 7-15 sinking fund series (quar.) Pacific Gas & Electric, 67c pfd. iquar.)_ 572% preferred iquar.) 5% preferred (quar.) Express $2 . 62'Ac preferred Corp.'(Mass.). Reed 8- 1 1 50c pfd. common 7-12 175c pfd. preferred Reece Equities, Stores, 4%% 115c 56%c A Owl 7-12 7-15 redeemable Estate Class Red 7-31 8- 3 8-25 - (Del.) — (quar.) 1 1 Intermountain Real 8- 1 8-5 8-15 . Inc., common (quar.) Special $2 preferred (quar.) Reading Co., common (quar.) 1 7-31 8- 4.807c preferred Pile, 8- $1.25 Pacific Concrete 8- (quar.) (quar.) (quar.)__ (quar.)__- 25c Corp. of California— A A Company, 3% 7c 50C 75c preferred 8-15 1 35c redeemable 30c 1 8- Co.__ 5 7c 37 %C 8- Co 7-20 7-14 7-20 8- t$l 75 7-31 7-26 1 8-15 $1.12% $1.06% 1 7-24 >0- 8-15 $1.12% (quar.) 8- 9-30 50c (quar.) preferred 8-10 7-31 50C 59 %C redeemable cl. Rayonler, 59 %c 7-3.4 t25c (quar.) Rapid 8- 4 1 8-31 $1.50 12c (quar.) 7-10 7-25 9 8-22 30c Company 1 1 7 7-31 i$2c Co;— Electrotype 8- common 57c Grocery preferred Ralston $1.25 preferred ' Inc. (quar.) 7-14 8- (quar.)__; Ltd., common Mfg. (quar.) Shares, (quar.) Light Securities Co. & 33 %c Company Glass preferred Corp preferred 1 15c 7-20 $1 M.) 7 8- $2 $87%c Co. 1 t$1.75 (quar.) Co., (irreg.) (quar.) Products, Ltd., (J. 22 %c (quar.) 7-20 25c Mining 8- ; Co., 6% Co., 10- t25c common Gas (quar.) Distribution Milk 7 4727c (quar.) com. 7-31 . — Oats Randall 7-31 (s-a) Minneapolis-Moline Co., common <-$1.50 2nd preferred (quar.) $5.50 1st preferred (quar.)__ Power & 7-13 1 25c preferred Common Mississippi 7-31 $1 __ & 8- 0 8T Ltd.— pref. 8- Common (quar.) Products, Owens-Illinois 57c Redeemable 8- Co. (initial) 25c Mine Hill & Schuylkill Minute Maid Corp., A preferred (quar.) Falls Corp., common Outlet Punta 50c (quar.) $1.18% (quar.)_ (quar.)__ Gas 1 1 ft $2 4%7c preferred (quar.) Miller Si Rhoads, 474 7c preferred Minneapolis 9- 75c (quar.) common 9-15 j i— Reclaiming, 47j7c preferred Shoes, Inc., Miles Steel 4 72 7c (quar.) preferred (quar.) dividend shares— 7 $1.50 Corporation, 472% pfd. (quar.) Filters, Inc., class B Ontario Electric Purity Flour Mills, United Outboard, pfd. 1 7- Cement Co.— Oswego sur- corporation cancellation. Grain 8- 8-15 1 (liquidating) to 8-15 37 %c pfd. (quar.) Inc. (quar.) Alegre Sugar Corp. 20C Insurance Hampshire— Pullman, 25c Ohio Leather Co. be 7-25 Oklahoma 4 8-35 1 New dividend 5 9-15 8- 8-35 1 8-36 of 4.087c 8- 2 8-15 7-34 1 1 9- 1 9- Service $1.40 Puget 10- (Or 09- 45c 50c Public Co. preferred 7-25 $1.10 Inc. (quar.) com. 1 3.357c 5 (quar.) A 35c $1.06% Indiana, 7-21 Service 8- preferred class of 8-15 Inc. convertible quar.) (quar.) Co. 20c Public $1 (quar.) 4.407c 7-15 preferred 1 1 7-14 $1.22% (initial common 1 9- 7-31 $2 8- ID $1.50 9- 9-15 Oliver 8- 9- pfd. (accum.), Colorado— of 7-JO ! < 9- 60c series Mills, Ltd., preferred (quar.) Oliver 1-24* 8-15 9-30 2 7-15 1 8-15 t40e 9-30 10- 1 8- 65c s-a) (quar.) (increased 9-30 97%C1 1 Co. 35c (quar.) 8- 7-30 40c 9 preferred 8- 11-30 1 Light, 6% Co. Service 7-12 3.90 7c $1.10 1 8- $1.02 8- 8 7-20 (quar.) Gamble Transport Service 8-10 1 (quar.) 12- i$2 common 8-11 9. 8- preferred 8- 30 25c (s-a) common preference common (quar.) preferred (quar.)__ Sound Power & Light Co. (quar.) 9-15 75c Edison preferred conv. 47c Gas 1 9- 8-15 Company— A 7- 32 .. r 84c 35c Flour Natural " 8- 1 ""*$1.1772 8 25c Co., 67c pfd. (quar.) Oberman & Company 43/4% preferred A (quar.) Ogden Corporation (liquidating) preferred 8-15 fr-Jl 1'' 7-J2 90c (quar.) 9- t$l (Charles F.) 43/4% 8- J5 8-3.5 1 Apex, 8-21 1 1 9- 1 10- Ohio 11-20 9- 40c 8 Ohio 8-31 9- 40c ____________ 9- 5 11-30 3772c (quar.i 1 1 5 $1.12% 7-20 10- 9- $1.12% (quar.) 1 9-1 9- 10c, 7-20 8- '9- 1 (Hartford)— Life (quar.) Company 8- $1.50 $1.16 (interim) preferred 7- 7 1 (quar.)__, America Ltd., 50c conv. 1 1 8- 87%c 9- 4.90% $1 4.50% 89- $1.28 (quar.) (quar.) (quar.) Utilities, 02V2C t2c (quar.)-. Minn. Pharmacal (quar.>_ preferred Quarterly Norwich 7-21 preferred (s-a) National Minneapolis, 7-20 9-20 al7%% 3727c 1 ,4.40% Pacific Northwestern 7-37 7-37 1. 1 4.64% common.! Gas 1 0- 8- 25c 25c Liberties ,8- 8 of New Hampshire (quar.) Engineering Co. (quar.) conv. 7-35 7-21 (quar.) Co. Corp., preferred 1 $1.12% (quar.) common Oil Illinois 8- 9- 1 Michigan Gas & Electric Oil, 1949) Consolidated Texas 7-30 1 8-15 1 $25 Michaels Stern & Co., ,472 7c preferred (quar.) will Oil of Electric 474% 1 i$l & Provincial New 7-30 8- 10- 10- Michigan Central RR. (s-a) certificates 7-20 10- - Laundries. 7-21 1 1 $1.12% Northwestern State Portland 77c 1 8- 8- pfd. (accum.) Edison, 3.607c pfd. preferred B (quar. Metals Procter 7-30 1 93 %c (quar.)_ Ry., Corp. America Brothers. Public RR. Northern Ogilvie 8- 10c 97 %c Company Corp. 50c Corp.— Extra Noyes 8 $1.08% ___ 5 (s-a) Gas preferred Insurance Northwestern Co. 8-15 9- 15c Northwest 8- 37»/2C 1 2 12-38 8- $1.25 Extra 7-20 9- 1-1-51 35c Co.__ Quarterly Price 9-3.8 97%c Iron !____ Public Reduced $1.06 >/4 Metropolitan Edison, 3.85% pfd. 3.90% preferred (quar.) 4.35% preferred (quar.) & Central Northeastern 7-17 : Co. & (series Ltd. Pressed $1 3-19 (quar.) 1 is¬ Extra 1 1 1 7-15 8- 10- 42 %c Western American 1 dividend of Mines, & 9- (quar.) this (quar.) adjustment 1 8-15 $10 A (quar.) preferred 8- semi-annual payment 72% 8-1 Merritt-Chapman & Scott Corp.'— West preferred 4-2-51 ; Co. pfd. (quar.) preferred 75c (s-a)___ render on 9- Insurance Electric Potomac 1 $1 . Public arrears 9- Fire 1 8- share. State 8-15 8- 25c Merchandising Co., Inc Northern Company, common (quar.) preferred (quar.) !___ convertible 2nd preferred (quar.) Mid-Continent reduces per York 37 %c Manufacturers "'Insurance preferred $60 York 8-15 7-14 50c 67c RR., York $50'/4C (quar.) 93 %c , (resumed) Co Louis New North & Meyercord Co. New 115c $3.50 Increased to 1 8-15 8- Brake payment sue 8- Co.__ Air Chicago & St. This - Land New __ Ltd. (quar.) Corp. Arizona 1 $2.50 Corp., common 4(4% preferred (quar.) Telephone & 7- u & Quarterly 8-15 tlOc Mead Mercantile Y., $1.18% 10c 8-15 25c (quar.) Shoe 33/4% Co. Extra 12-38 10- $1 / quar.)_ (J. J.) Company preferred (quar.) 50c 2nd preferred (initial common 1 (quar.)_ (quar.)_ Stores Co. Meadville New North Co. 1 0-3f 1-1-51 $1 $1.0772 Pittsburgh Brewing Co.. $2.50 Pid. Porcupine Reef Gold Mines. Ltd 4.70% 1 Aircraft Electric 1 8- Company— 75c (quar.) 8- 8-15 — 1 10- $1.127a quar.)___ Steel Mur $1.12% (quar.) of 7-31 8-15 7-31 Inc., Philips-Jones Corp., 5% preferred <quar.)_ Pinchin, Johnson & Associates, Ltd.— Ordinary (final) Potash 8-15 8-3.0 1 & Co.— preferred preferred Portsmouth 6c 25c $1.06 % 8-36 9- re¬ (quar.) Coal 7-31 shares 8-1-1 $1.10 8-15 trade 1 9-8 95c 4c Retail 9- 7-21 share (quar.) 8c 1 series for per (quar.)___ 8-15 9- ,7 25c (quar.) 8-15 7-35 9-15 i 3.807c 4% 7-11 Co.— 8 11c 1 7-31 (quar.) 8- 11c 1 8- 50c 8-25 esti¬ 8- $1 dividend non-cum. $4 July on 33 %c are 9-21 50c — Dairy Products Co., preferred (quar.) preferred (quar.) 1st $4.50 1 7-25 10-13 30c preferred (s-a) preference.—Entire issue called 9-15 9-15 25c non-cum. 9-15 60c 8- 1 —______ 2 9-15 10- 2 Dodge Corp. Philadelphia Company 1 1-2-51 (initial common 2 series 85c (s-a)______ McLellan Midwest 9-11 distributions. 1 50c Mines, $2 Phelps 10-20 3.907c 9- 8- (Bait.)— Porcupine 8% 7-22 1 7-34 8-31 ' Brewing Co.— 47 %c 93%c • Common for 1 10- (resumed) below 9- $3 (quar.) Mclntyre Midland 8- 11- 1 2 25c equipment shares York 7-20 50c Midland Pfeiffer 8- 9-15 10- 40c (resumed) Portland Gas & Coke,Co., 6% 77« preferred (accum.)_ 7-20 50c Above 7-11* 7-25 Y.)— (quar.) 7-31 Process 1 (quar.) (quar.) Middle 1 1 $1.50 ._ N. (quar.) 7-31 New 1 (quar.) 472 7c 8- Co. Co. 8-15 New 11-16 1 8- Common Stock Permutit Co. Gear 8-15 7-15 7-31 12- 8- Common $4 8-15 & Cement 9-12 8- 50c : _■___ Machine 53VaC 75c (quar.) preferred B preferred (N. 9-11 Quarterly 10- (quar.) 93%c 5 7c Corporation McDonnell Merck Permanente 1 40c Coke Co (Brooklyn, & Bank 6c Mexico 40c (quar.) Chemical, McCormick ,47c Perkins 7-14 7-14 .9-12, 10- $1.75 4c New 40c ;____ , __ Melville 7-14 L 7-31 10-1 Co.— shares N. (1947 series) (quar.) preferred (quar.) Maytag Company, $3 preference (quar.) McGraw such stock 4 (Seattle) — $3.40 57c 8- 1 8- 20c Vulcanized Fibre Co. (quar.) Neiman-Marcus Co., 4%% pid. (quar.) Neisner Brothers, Inc., 4%% pfd. (quar.) 7-15 8-15 5C Massawlppi Valley RR. (s-a) May Department Stores, common Class 8 8-31 8- 7- 3 $1.25 Fibre Light 7-1.7 1 8- $1.0674 (quar.) common preferred $4.50 National 7-10 7-31 50c (quar.) preferred preferred »-» 25c common participating Initial co 1 t$1.25 (quar.) Realization Bancorporation McCabe Gas, National pfd. (quar.) groups Newberry __ Marshall Field & Co. McCall Peoples Peoples 8 8-15 45c (quar.) Chemical 2nd 4%% Co. Railroad 4 > Co. $3.75 7-20 preferred 7% Co., Mfg. 37 % c shown series Nestle-Le Mailman $3.75 of mates 7-14 1 25c (quar.) (R. H.) & Co.— 4%% preferred series A Fully 1 $5 Penobscot 8 4 2- $1 Railroad Mines, Ltd Marine 8- $1.50 _i common amounts Stock Macy 57c 8-10 $6 Balanced series 8-15 Corporation Maltine 7-14 1 National Trust Funds— dividend (quar.) Corporation Macoil 7-15 1 811- Inc.— Selected preferred Macco 1 8- 10c 8 8-15 11-15 90c com. (quar.) (accum.) 9- 8 8 4 2- 9-15 $1.25 Industries, 8- New (quar.) 8- (Phila.), $5 preferred. (quar.) preferred ' preferred 8-15 County Gas & Electric— Macassa $6 $1.12% 3.807c 8- 8-15 Co. preferred 50c (quar.) 8-31 quar.) 9-21 Investment 5% 15C (quar.) Corp. (quar.) quar.) preferred 9-12 basis. 4'/4 7c Co., 12 >/2c (increased 9-28 115C 4'/47c 50c (quar.) Pennsylvania Glass Sand Corp., 8-16 45c Co.'(quar.) 2 V2C quar.) (quar.)__ Penn 7-20 1 20c (Del.) Fabrics Corp. Products, Inc. 88c Inc. 7-11 1 9- 9- 811- t$1.50 Power (quar.) Mallinson National (quar.) 8- 10-13 12-35 8-15 11-15 +75c (quar.) common preferred Salt B (quar.) Corp.— (increased 7-17 (initial $6 40c preferred (quar.) preferred (quar.) 7-17 (quar.) 7-31 Penman's,.Ltd., 25c 72'% 1 Sons 8-10 50c 10-1 1-2-51 1 33c 2-15-51 . Pennsylvania pfd. Service 1 Corp. & 8-10 (quar.) Pennsylvania Water & Power Co., ; Co., 67c 8- __ 8-31 8-31 preferred Pennsylvania Corp.__ (quar.) 15c Steel Luzerne A 7-21 7-17 1 1 Extra This Class 1 1 8- 8- -1 $1.32 115c $2 (s-a) 1 56 %c (quar.) 7-26 7-14 9- 33c 7-26 (quar.) 7-26 8-15 1 33c -— (quar.) 7-15 (quar.) $1.50 RR. Factors (Marcus) Stores, Lukens A 8- $4 preferred Nashville & Adams Lowenstein Lucky St. 9- National. Hosiery Mills, Ltd. 1-2-51 (s-a) non-cum Louisville & Corp. Oil (quar.)_ $6 9-15 preferred 12-21 (quar.) Prccfucts pfd. (quar.)__ Louis Ry— preferred $1.32 5c Co. 9-22 62 '/2C 2nd & 4 Welding Machine— & 8- 62'/2C (quar.) 1 8- 7-31 (quar.) Y.) 12-22 62 %c 8% Power 5 7c pfd. (quar.) Taylor, Louisiana Common 5% (quar.) 8- 8-15 $1.75 Mfg. (N. 2 Gas $1 —_ (quar.) preferred (quar.) $1.32 preferred (quar.) 8- ; 10c ___ & Quarterly Quarterly Class preferred 8-15 1 8-15 25c 2-15-51 $1 75c Bank 15c ___ (quar.) — $1 12-28 (quar.) Inc. common 9-20 10- $1 . 7 7-15 15c quar.) pfd. Inc. Fibres, National 9-30 $1 8% preferred (quar.) Lockwood-Dutchess (quar.) - 7- 1 Pennsylvania (increased 1-1-51 $1 1 8- 25c (quar.) 9-14 62 %c 62 %c (quar.) common (quar.) 37 %c pfd. 8- 5c Co (quar.) 5c National $1.10 Common 8- 7 25c 25c Wheel Telephone, preferred 115c (increased) 7-29 7-29 25c Corp Grinding Peninsular lc (quar.) 2-zO stock Lock $1 50c- Co original (quar.) 7-20 9- 1 ' 9- 1 (New Hampshire)— 20c Co., $4.30 preferred 7- 10c 317»c common $1.50 Fund Automotive Biscuit 77c 7 7%c Corp National 11-21 50c 7- America— Straus-Duparquet, National 9-16 1 7-J 7 4 7-31 8-10 Extra 8- 8- 45c 10c $1.50 of 75c 5c Peninsular 9-30 Hoidern Payuole 0/ Mec. 20c Cement Peerless 62 %c (quar.) (quar.) Narrangansett Electric, 472 7c Nathan Co., prior conv. Common (quar.) Investment Mutual 1 5c (quar.) National (quar.) Special Mutual preferred 8-15 8-28 (quar.) Company preferred 8-15 9-11 (initial) Mills, Ltd. Co., 5% 1st Paper 6 7c 1 40c _ 20% (G. C.) 6 7c 1 8-31 56 %c Royal Rice 7-12 7-11 8- 9-15 (quar.)__ Company 7-12 . Railroad— Special Corp. Murphy Mutual I (quar.) Special stock Mount 8-15 , Munising Ltd.— Corp., preferred 1 (Fort common taccum.) Company Carbonic 3%% Co. (quar.) preferred Link-Belt Insurance 5% Inc (increased) Ltd Peerless Casualty Co. lc Diablo Extra (initial 75c dividend Mount 7-12 59%c (quar.i preferred Corp. 8-25 1 $2.50 (quar.) (quar.)_ 57c 1 8- Co. Quarterly Philip Morris & Co.) America, com. (quar.) A 9- $1.50 of Gregory Products Stock 1 34%c (quar.) (quar.) (quarj (see Corp. preferred pfd. common preferred (quar.) Inc Co., Morrison-Knudsen, Motor 1 9- 4J4 % 7-10 572% preferred & Paper Mills, 9- 30c $3.50 P.) (J. 8-31 Quarterly Lincoln participating 8- J2c _____: .___ Tobacco National Society, 50c (accum.)__ (quar.)-, Corp.___ common Loan 30c Co. (quar.) Myers 7-17 $1.10 pfd. 8-15 _____ Ltd Ltd., 1 (quar.) 45 Corp.— Tilford, & 8- preferred Lily-Tulip Cup Corp.— Lincoln Park Davis & $1.12V2 4.407o 9-15 (quar.) preferred Co. Corp., 4%% Brothers. Life Formerly 7 5 30c (quar.) Cement & Mines, Lerner Stores Leslie 11-16 8- 4.507c Snare Distillers 8- $1 Co. j.85% 6% Portland Leitch 12-15 Company Tilford 8-19 56V4C _ Corp. Sons, (Charles) (quar.) Works Machine Company, Lehigh preferred Dye Tire & (James) Leich t50c & 8-15 Monongahela Power, When Per Name of Park Semi-annual 7-21 Holders Payable 0] Rec. Ltd.— 10c (quar.) Monotype Rubber Lees Share Company, 25c (quar.i 4%% Bleachery Lansing Company Lanston Company (Robert) 25c Co. Machine Lanett 7-31 When Per Name o/ Mitchell Quarterly Lane Holders Payable oj Rec. Inc.— preferred (quar.) Foundry & Machine Lakey Landis <421) 9-15 9-1 \ 9-15 50c $1.1272 -7-10 ^ 50c ,.$1.75 -$1.75 19c 93^40 ■ 8- 1 ,10- 1 10-1 8- 1 8- 1 , f 7-25 7-25 8-31 8-23 8-15 7-15 9-15 .; 9-15 7-20 7-20 46 (422) The Commercial and Financial Chronicle Per Oil Corp. Grande Rio Riverside $5 (quar.)___ Valley Cement preferred Electric Rock of 1 7-15 8- 1 7-15 8- 1 7- Corp.— 1 8-15 Sullivan 1 8-15 Sun & Power, Sunshine 12-10 12- 1 Sutherland 15c quar.) 8- 1 7-13 $1.16 common (initial preferred 1 8- 1 7-13 Rolls for Biscuits, 8- 2 6- 9 Texas Electric Service, 1 7-20 Texas Gulf Rutland Ruud Stores 25c Whitehall Si Fine 9-14 9- 1 7-31 7-14 50c iquar.) Saguenay Power Co., Ltd., 4%% pfd. (quar.) St. Lawrence Flour Mills, Ltd., common 7% preferred (quar.) Louis-San Francisco 7-31 9- 8 10- $25c 8- 1 6-30 $$1.75 8- 1 6-30 (6 All 1 7-18 8- 1 6-30 10- 9- 1 1 pfd. $4 (initial quar.) 8-15 8- 1* 8- $1 Light Co., 7% pfd. (quar.)_ shares called for re¬ 1 9-15 8- shares called on Aug. 1 at $110 plus the above dividend. conv. preferred A vtc (quar.) $1,25 9-15 9- 1 $4.56 5% conv. preferred A vtc (quar.) $1.25 12-15 12- 1 for Common St. (quar.) Co., common (quar.) series A (quar.) ——— Regis Class B Ltd., stock 10-10 will 22nd. Aug. a on Air Co. (quar.) RR. & Co. 6-15 7-28 6% Title 4% 8- 7-18 1 Water Si pfd. .__ Corp. Inc. Sherwin-Williams 5% Pacific 6% Miller South 9- 1 8-12 80c 8 Union Asbestos 12-27 12- 8 Union Electric Co. of 15c 31 ftc 8- 1 7-20 1 preferred Gas 7-21 Union Oil 2 9- Pulp Co. 2 Lathe I 7-14 8- 1 7-13 $25c 8- 1 7- 3 dends $6c 8- 1 7-14 which $25c 8- 1 7-14 1 at dividend. $106.50 8-24 7-15 7-31 7-13 United 8- 1 7-10 U. S. Fire 9-20 9-11 U. S. 12-20 12-11 8- 1 8- 1 7-22 8- 1 7-22 75c 8-31 8-15 40c 8-31 8-15 California Edison 3 7- Co. 5% Co., .) (c S. L 1LJ ... the Growers, S. Spring Stores United Corp., Transit Co., 7-31 7- 5 7- 5 Universal Insurance 3%c 8-31 8- 5 Universal Laboratories, Universal Leaf Southern Power, Gas preferred Southern ._ 19 to Ltd., Si common $35c 8-15 7-20 8- 7-15 Electric (quar.) $1.20 1 Railway Co.— 5% non-cum. preferred (quar.) Southwestern Associated Telephone «. $2.20 preferred Southwestern $1.25 Co. Quarterly Service, (quar.) (quar.) preferred 3.90% preferred 4.15% preferred 4.40% preferred (A. com. (quar.) (quar.),. & & Power Si $7 preferred Standard Silica 7-20 7-20 9- 8 9 8-11 $1 8- 1 7-14 $1 8- 1 7-14 pfd. Co., com. Corp.— preference (quar.) Co., Ltd., common 8-15 8- 40c 9- 8-15 1 $12 Vic 9- 1 1 7-31 $$1.25 4ft% pfd. Corp.— Light (quar.) 9- 1 7-31 $56 ftc 8- 1 7-15 $1.75 (quar.) i2yaC 8- 1 7-14 Camp Food Van Norman Wagner Sea Co. Co. 5% (quar.) pfd. Inc Sugar Co. Amulet Warren Brothers Warren 5% pfd. (quar.) Corp. (quar.) : Washington Gas Light Co., common (quar.) $4.25 preferred (quar.) preferred Extra 10c 8- 1 10- 35c Cedar Falls Si Northern Ry Ltd., class A (quar.) Welex Jet Services, Inc Wellman Engineering Co. 2 9- Wentworth 7-10 $10c 8- 1 7-10 Wesley Mason Mills, Ltd., 5ft% pfd. (quar.) West Kentucky Coal Co. (auar.) West Michigan Steel Foundry— prior Mfg. Co. (quar.) preferred 1 7-22 9-13 should 8- 7-15 15, 60c 9-30 9- p. $1.06% 9- 1 Point (quar.) Si Stern (J. (quar.) Stores, Textiles, P.) & Inc. (quar.) 4Vi% Co., Inc. conv. pfd. Strawbridge & pfd. (quar.) 7- 7 8- 1 7- 7 & Co. (quar.)_ 8-15 (increased) Btruthers Wells Corp., common preferred (quar.) 7-31 30c 9- 8 8-25 56c 10- 2 9-15 50c 8- 1 $1 (quar.) Clothier Stroock (S.) 1 50c Stonega Coke & Coal Co., Inc Briquet $2 8- $20c Company 9- 1 50c 8- 1 Non¬ 7-24 8-15 7-21 25c 8- 1 7-20 $1 8- 9 7-14 35c 8-15 8- 5 31%c 8-15 8- 5 Mfg. Co _ preferred (quar.) Westchester Fire Insurance Western $2.50 the 8) page Consolidation consolidation Majestic Radio few a to & this company" Inc., of Television, be known the Public — Wilcox- as stockholders who* weeks. issue additional additional major stock to acquire the two Leonard Ashbach,- working capital. companies, a with Garod and interest in owns stock Majestic outright* Wilcox-Gay Corp. 2142. 25c 8- 1 7-15 75c 9-20 75c 12-20 Insurance class Life A Securities (quar.) 8 • 8- 8-15 8- 9- .1 Western Pacific RR. (quar.) N. Y., not com. (quar.) all hands fixed of later for 1, the 1963, Tenders and the than Wrigley, sale to to be accumulated it of amount an should corporation, 10 $1.50 8-15 7-28 8- 1 7-17 a.m. Jr., made unpaid its first sufficient at flat a interest 14 Wall Street, on (EDT) Aug. 9, 7-20 Co. (& and York New 62 ftc Fed. 1 Net 8- 1 9- 1 8* 1 8- 1 1 7-13 in- 1,995,235 3,954,897 4,112,162 $3,645,637 $6,706,749 $6,862,655 share per earns, 2,132,637 $3,366,259 income, of $1.71 $1.85 $3.41 $3.49 536,918 787,544 818,878 foreign 7-13 8- foreign 6-30 30c Subs.)— 1950—6 Mos.—1949 $18,164,323 $35,252,927 $35,043,452 5,361,494 5,778,274 10,661,646 10,974,817 taxes_—______ "Earnings' 8-15 12 ftc 171, $18,036,012 and come 1950.—V. Wholly-Owned 1950—3 Mos.—1949 sales 30c $1.31% '8- 1 1 7-21 2 9-15 12 ftc 8- 1 7-13 8- 1 7-17 30c 8- 1 7-15 9-20 9-11 $1.25 9-11 9- 1 12-11 12- 7-24 on $1 — 8- 1 7-15 that cessful for shares * outstanding.—V. E. F. McDonald, Jr., although the company in year producing products come is its history, home to 171, McDonald devoted said to greater that at government than the 1790. p. capacity 25 told the stock¬ most demand production of both for suc¬ that radio it and Zenith has be¬ television distributors. present civilian to us July on completed substantially to its capacity receivers, output Zenith the for cause just added television different production may President, has has and allocate the among and radio much so necessary receivers time Zenith's but use, change over entire that "the of some our capacity is international production to needs." - 9- 1 8-21 37 ftc 8- 1 7-17 to 20c 9- 1 8-11 for 9-20 9- 9-11 8-10 8- 1 7-15 20c 9- 1 8- 8-15 1 7-14 $1.06 % 8-10 7-25 8-10 7-25 7-31 7-25 7-31 15c 10-17 7-25 10- 3 8-15 7-29 9- 1 8-22 9- 1 8-16 8-21 8- Mri*'McDonald 6* 62 ftc 37 ftc 1,968,487 Commander holders situation 50c 415,269 Zenith Radio Corp.—Has "Most Successful Year"— 1 ,.■•8- 3 ' "Based 7-21 810- . $2 subs. 1 $40 shares of owners Nevertheless, tive, and approved served.to 8- 1 7-12 8- 1 7-10 sion 8- 1 7-15 8- 1 8- 1 25c 8- 1 7-18 8- 1 7-20 and radio to not considerable radio had driven last year of one to purchase of share for were Teco the benefit Teco for of every actual anticipated that they be traded. speculation in Teco subscription price the and a when and commercial activity in a company's television the business is only power as speculative Teco if Phonevision service. This was statement certificates, and the price much lower level." a Conversion a earning established abandon yieldecfonly chased was unwarranted have could reviewing 50c and was an that organized was stockholders ratio privileges it flurry which Zenith to These stock there and reduce dropped to In Zenith. Inc., a General car granted was speculative booking agent for Phonevision. a rise. Consequently on May 25, joint statement with Thomas McNicholas, Vice-President and Manager of Teco, pointing out that Teco was highly specula¬ issued home 8-15 of Zenith certificates, $$1.37 ft 7-18 privilege the of Teco, as price of $10 per share in the a (five I to of acting purpose "The at referred share the price per the had steps business, radio car run high as to secure McDonald business. larger a explained He said share the $20,000,000 per year, as of Zenith's that the deci¬ volume of but that it small profit. of the nearing new plant company's car completion, containing radio he said, 180,000 facilities to and company the square feet home of radio has and pur¬ manufacturing ing with 300.000 square feet of property for future expansion and He said that the new plant is being converted to Zenith's of manufacturing, and should be in full operation shortly, includ¬ the contemplated addition of 100,000 square feet of manufactur¬ ing space. space parking. 9-15 9- 50c 8- 1 7-14 8- 1 type 7-14 8 McDonald Co., May $215,000. Profit, before taxes 7-20 30c com. the tenders due 8-15 1 31 ftc Western Light & Telephone Co., 5% preferred (quar.) of sum includes in (Wm.) 11-30* 75c 75c Co the Corp.—Tenders Sought— invited bonds 1503. Net 8-31* Co.— (accum.) Insurance be has Period End. June 30— $1.12 ft Co. Sherman income which television 4ft% Western from 8-18 1 Virginia Pulp & Paper— $20c in three corporation price 2 75c West West 9-15 and acquired p. exhaust 17 ftc (quar.) 9-15 2 The 9- 12 ftc 12-15 10- plan the mortgage 6% 10- 20c 8- 7-20 9-29 Si tax. source. Wilcox-Gay Corp. above. $$1 20c 1 $20c of 171, 8 8-31 25c 1 12-29 Brothers the 7-11 9-30 10c Waterloo $1.25 (A.) at Wilcox-Gay-Majestic Corp.- -Proposed New Name- 15c (increased) $1.25 Preference non-residents' surviving corporation to subject to the approval of properties and for recently —V. 7-11 $1.12 ft (quar.) Washington Steel Corp. 7% Brothers, Ltd. (quar.) of Canada, Ltd., common Canadian the the on President See $25c Co., 8- 6 1 75c 8- 9- 8- Cuba— Petroleum (auar.) Sterchi $1.25 of Corp. (quar.) Mines, Ltd (quar.) Co. Stevens (quar.)_ 8-15 9-29 dividend. deductible Corporation and approved Corp. Y., Corp., and 10c (increased) (quar.) Corp., 50c 60c this 15% tax. Wilcox-Gay Corp. plans 7-11 $2 (s-a) Electric $4.50 vote other 7-15 1 5c preferred $15c 4 8-15 8- $1.25 convertible Waterous, (accum.) Corp. $4 preferred 5% (quar.) (quar.) Upper Peninsula Power, common 5%% preferred (quar.) Upressit Metal Cap 8% pfd. (accum.) Valspar Corp., common (resumed) Waite 45c 7-31 50c 5ft% Tobacco preferred Stedman Stott 1 9- Btecher-Traung Lithograph Corp., Stern 1 8- 8-31 wjII 7-31" Net Quarterly Virginia Coal & Iron Co Virginian Railway, 6% preferred (quar.)__ Vogt Manufacturing Corp. (quar.) 8- 8-31 25c 7-20 9-15 for less income tax. have Radio Brooklyn, N. Gay-Majestic Corp.— (quar.) Vertientes-Camaguey 1 $25c 12 ftc Co. 5% preferred Venezuela Syndicate, 50c Stanley Works Stein Specialty (quar.) 7-20 25c Standard Steel Spring Co., 4% pfd. (quar.)__ Stanley Brock, Ltd., class A (quar.) Class B (quar.) Steel & 8-15 $1.10 iquar.)_. Inc. (quar.) 5% preferred (quar.) Standard Fuel Co.. Ltd., 5% preferred 1 8- Jamaica directors Garod of 8-15 7-14 56 %c 1 10-11 1 1 15c 8- 10-13 Seal $1.60 convertible Standard Chemical Standard 7-15 9- 8- 60c 9- $1.03% Bros. $4 preferred (quar.) $4 preferred A (quar.) Stamford Water Co. (quar.) Cap 1 $1.25 The 55c 55c 97 Vic (initial quar.) G.) Spencer Kellogg Si Sons Squibb (E. R.) & Son— Standard (annual) 92 ft c Public 3.70% Spalding Utilities 5% Vapor Heating 40c Southwestern 8- (Texas)- 7-10 to (quar.) ' 55c Insurance 9 7 Ltd.— Van 8-15 Co.— (quar.) Life 9-15 8- $75c (quar.) Extra Indiana 4.80% May United 1950. Canada Southern (initial) Co. $6 pfd. (quar.) 5% preferred (quar.) 7-31 period closed income Witherbee Bumper, common. preferred (quar.)__ 7-31 preferred 7-14 per & 28c covers 10c Industrial Chemicals, Inc. (resumed) 8. Pipe Si Foundry Quarterly Quarterly U. S. Radiator Corp., 6% preferred (quar.) 50c convertible 7- U. 28 Vic payment of U. S. (quar.) May 31, rate Company (N. Y.) (quar.)_ Machinery Corp.— participating preferred (quar.) (quar.) 5 1 15c Guarantee preferred 4.08% 7-1 7-31 7-12 quarterly basis. Wilcox-Gay Corp. — Proposed Offering of Stock Planned— 7-20 8- 15c a (quar.) Insurance Co. preferred Above 8-1 50c - 1 Investment News Ltd.— preferred 4.48% 7- old Improvement 4.56% com. $37ftc a (Continued Hoffman United 1 at preferred A Illuminating 4 ft % 8- 7-1 funds, tax resident tax 7%. 8 8-15 15c non-cum. 4%% U. 75c 9- 2 $20c $38c Investments, A United Grain 8 8-15 $1 (quar.) — Gas 9- redemption on share plus this per 10- 87 ftc (quar.) basis) were class United 50c _ 7-1- 8-1 General is intended to bring the 15c quarterly level the divi¬ paid Feb. 1 and May 1, 1950 Fuel 6% 7-18 $1.50 (quar.) share)* U. (quar.).. 8-1 $31ftc 8- (this payment to up $2c Paper 7-15 * 8-18 .' tl2'/2C Funds, 8 50c (increased) (quar.) Class B — 7-12 California pfd. quarterly 50c for 1 9-15 10c 9-19 8- $5c A R- 1 of Ltd. United Drill & Tool, class A (quar.) Class B (this issue being placed on United Works Bag & Co. Canada, Extra Class 15c 7-31 (quar.) of Corporations, Ltd., class B 8-16 Iron called Co. conv. 7-31 (quar.)__^ 25c Corp., 5% preferred (quar.) Cigar-Whelan Stores Corp.— United 2 9- 40c 8- Missouri— Aircraft $3.50 9-12 , 2 8-15 87 ftc $3.50 8-15 common 10- 7-20 50c Si 7-20 75c 7-20 2 $45c 30% 7-17 8-15 25c common™ British Less 7-17 1 8-15 $27 ftc — 1 8- 62 ftc (quar.)__ Less 7-31 37Vic 8-31 8- $1.06% preferred (s-a)_ (quar.).i 9-15 50c $1 10- 8- a 8-15 9-8 $1.50 Canadian 15%; 7-20 1 1 2 8-10 92 ftc 10- $3c Rubber tax 1 9- 10- Fields on S. • (quar.) books not U. . 11-10 (quar.) preferred (quar.) 9-10 ' 1 $1.50 8-15 11-15 $4 (initial)-,. Ltd Si resident 8 $3.70 7-15 _ 7- ♦Transfer (quar.) Co (quar.) 7-20 8-25 i^u 7-12 8-15 130c (qudr.)_ 1 $1.12 ft United Oanuua., 8- (quar.) United clasfc "A in preferred 50c ot in {Payable 2 $4.50 Union 8- tPayable 7-20 8-10 1 10- 8-18 1 9-10 9-11 10- 8- 1 20c (irreg.)_ com, Corp., common preferred (quar.) 9- 27 ftc 8 8- 7-31 preferred (quar.) now 8- 10c 25c (quar.) Gold Corp. are 9- 30c (quar.) $4.25 Radio Payments 25c Tube 1 . — (quar.) preferred Zenith 50c (Del.) Company common x LaSalle Street Rubber, Ltd., 9- 50c $1.25 (quar.) conv. preferred 10c 25c preference South 208 8-21 8-21 25c 9-29 Co.. Steel issue Southern 7-11 8-12 8-18 _________ Corp. Bend Aug. 1 1 7-18 (quar.) Southern Advance Entire 8- 9- Co. Consolidated Zeller's, Co. Temper Corp., common Tung-Sol Lamp Works, Inc., 7-18 A (quar.)__ True 1 cl. (A. O.) Corp Agricultural Chemical, preferred (quar.) Soundview 8-14 1 Quarterly Quarterly 6% 8-14 1 1 (quar.) Mines, Sloss-Sheffield Smith 1 9- 9- com. Mines, Ltd Company, Ltd., (N.) Smith 9- Trinity Quarterly Quarterly 50c Oil Siscoe Gold Slater 7-28 Y.) (quar.) Corp. (s-a) Universal Insurance 8- : Company Sinclair 8-15 8-31 8-31 $1.06% (quar.) (N. (quar.)_ Manufacturing Co 6% 62 ftc pfd. Co. Transamerica 30c 25c a5% Trust Company 8- (increased) partic. Power preferred Silver Simmons 7-17* $50c Ltd., new Co. (quar.) Ltd.,; 24c preferred Sierra 1 156'Ac Common Shirriff's 8- 12 ftc A of America (quar.) Sheraton, Trane common^.. Co., (quar.)— Yuba Co., Ltd.— 4%% Co., Si 7-17* $1.06 ft B Brewery, Trust (interim) Edison Bank (quar.)__ (quar.) Louis) 25c 1 50c pfd. Power Manufacturing, Sheraton (St. Co. Securities 8- 35c $4.25 preferred Winnipeg Sheller Toledo 25c Inc., preferred Shea's 5% Gas, redeemable 4 ft % Insurance Extra W.) (Rudolph) Cab, 5% 8-15 (quar.) (F. tork County Gas Co. Youngstown Sheet Si 6-25-51 $1.25 — Co Dohme, Shawinigan 9-15 50c *1.25 . (quar.) __— Si Yellow 7-15 1 15c Tyer iquar.>___ Quarterly Oil 1 10- 8-28 Co. ____ & 8- 50c 7-15 25c Acceptance, common (quar.)____ 5% preferred (quar.) Security Insurance Co. (New Haven)— Leather 62 ftc 1 Co. pfd. Ltd.— preference (accum.) (F. W.) Si Co., Ltd.— (interim) Towne & 8-31 $25c pfd. 1st Wurlitzer 8- $31 'Ac common Securities Seminole 7-28 3-15 91 Vic preferred (quar.) 5% preferred (quar.) Seaboard Container, 5Vi% Seton 7-10 12-15 11.07ft (quar.) Line Sharp 8-10 1-2-51 $1 (quar.) Ltd., Roebuck 9- 4-1-51 85c 5% Sears, 7-15 6-30 50c 27ftC — Electric preferred 1 8-22 50c Trade preferred Seaboard 8- al5% Quarterly Ordinary (quar.) Manufacturing Co. preferred (quar.) 5% $$3.50 7-15 Co. A Co Scythes Si Co., 7-15 1 Tobacco 3.65% Scranton 7-31 & Light Co Service, 5% 9- 8-3 1 8- Power 90c 8- Quarterly Quarterly (quar.) 9-1 8-15 1 25% preferred (quar.) preferred (quar.) 4.30% 1 7-24 7-24 30c 28c Power 4 Water preferred 8-15 8-15 common 8-15 9- Tide 15c 40c Co., Ordinary 8-15 1 10-16 8- Stock¬ proposed $3.40 Scovill $2.50 (quar.) Power - 7-28 8- 10-31 1 (quarterly) 7-21 $1.50 1 50c on vote preferred Dillon Mills 1 8-22 8-15 (quar.) 9- Scott Paper Co.— Scotten Company, 8- 15c $2.50 7-14 10- distribution. Schwitzer-Cummins $4 Thermoid Thomaston $1.25 (quar.) (s-a) 1 120c (quar.) Inc be held to holders 5ft % class A (quar.) Industries, Meeting 10-17 9-22 7-31 flOc Scarfe & Company Schenley 65c 2 $1.50 15c preferred pfd. $5 Wrlgley (William), Jr., Co. Monthly 8- 7-20 10- iquar.) 1st preferred Electric Woolworth 60c 7-20 1 (quar.) Yale (quar.) preferred (quar.) 1 8- preferred 7% $1.14 preference 8- 50c common preferred $1.10 Paper 4.40% convertible 75c $1.25 Co., Chocolate, Public 1 re¬ preferred (initial quar.) Glass Manufacturing— $2.40 Co.— 7-21 Co Wisconsin Thatcher Paul Fire & Marine Insurance 7-21 1 (quar.) vtc Wisconsin share per 1 6% 1 8- 8- 8- 9-15'. Inc.— Wood, Alexander & James, $1.50 8-23 $1.43% common Crampton Corp. WooJworth — 8 8% share per & 2 9- $1 Machine Line, 5% 3.60% 8-25 $1.75 Oil 8-31 10- (quar.) preferred C 9-15 25c 50c Corp Extra 8-25 50c (quar.) preference Wisconsin 7-15 9-15 $1 Instrument Terminals, Winters 7 75c (quar.) unexchanged Sewing prior Wilson 7-20 9- lien Wilbur-3uchard 1 7-31 9-21 25c Corp demption Ry. Co.— 8- $2 Wiggins unexchanged 5% St. ^ Chemical & Sulphur & 7-10 1 prior White 7-26 12c demption on Aug. 1 at $115 plus the above dividend. preferred (quar.) 7-14 1 :$i.07 Products Power 4% 7-15 8- Inc. When Holder$ Payable of Rec. Share Co. Wheeling & Lake Erie RR., 8-25 35c ———————————— All 7-14 7-31 20c preferred convertble Texas 1 8-26 9-15 Coal Electrical Wilcox — Extra 1 25c lirreg.) common Extra 4% 8- 20c (extra) Foods, 8-15 $1 RR— Manufacturing W. & (quar.) 8- $9c $1.06% (quar.) Inc.— Corp. Tennessee 6 $1 ________ Weston 7 25c (quar.) Fund, Tennessee 9- 12- 40c 8- 10 A' 1 9-15 12-15 $1.12 V2 — _ preferred Company Westmoreland, Co.— Paper Co. Television 9- 9-15 8-15 8-15 $1 Ltd iquar.) Inc. convertible & 1 1 25c common Mines, iquar.) 25c Rose's 5, - A Paper Co., Ltd.— t$ 1.06 ft preferred (quar.)__ Royce, Ltd. American deposit receipts 20% ordinary registered (final) 4%% St. 4%% Swift 99- (quar.) common preferred 9- Rolland S. Co., 9-10 $20jc 25c Consolidated Oil 25c Light Securities, preferred 25c Quarterly 4.65% 9- Per Name of Westmoreland (quar.)_ Monday, July 31, 1950 . Holdert Payable of Rec. $60c Electric 2nd 4ft% Quarterly - A 9- $1 Oil, Ltd.— participating preferred Common J When Share A.) Extra Suburban $4 (quar.) of Company (D. Class 7-28 8- J 10c Ltd Per Name Stuart Corp. Ages Rockland 8-23 5c preferred F (quar.) H 8-15 $1.25 Mills, Gas preferred Holdert 9-15 50c (accum.) (quar.) Cotton Rochester 4.10% When Payable of Rec. 50c . class A Robinson 4% — Gas Co., & ' Share Name of Company Richfield . . 75c 8-15 8- 1 1 5% preferred A (quar.) $1.25 8-15 8- 5% preferred A (quar.) $1.25 11-15 11- preferred A $1.25 2-15-51 2- 1 $1.25 9-14 revealed critical that materials, Zenith but has now pointed substantial that quantities of 1 5% many Western 5% Tablet preferred (quar.) & Stationery clalss Hugh the Corp.— (quar.) Westminster Paper, Ltd., Class B (increased) materials A (quar.) 10- 2 112 ftc 7-31 7- 8 $7 ftc 7-31 7- 8 the out shortages of other said after threatened. Robertson, meeting siderably for are Executive that earnings better quarter than in will also be margin, although they closing.—V. 171, p. 1930. Vice-President and Treasurer, in the the are quarter ending July 31 will be con¬ corresponding period a year ago. Sales ahead of affected a year by a ago by a two-week reasonably high vacation plant Number 4929 Volume 172 ... The Commercial and, Financial Chronicle l STATE AND .'. (423) W m CITY DEPARTMENT BOND PROPOSALS AND NEGOTIATIONS inclusive. Polytechnic Institute (P. O. Auburn), Ala. Offering — Berta Dunn, Bond the Board of Trus¬ tees, will receive sealed bids un¬ til noon (CST) on Aug. 9 for the Secretary of purchase of $4,250,000 or $3,500,refunding building and reve¬ 000 The bonds will bonds of 1950. nue be dated April 1, 1950 serially and mature period of 30 years. over a Bidder submit to maturitiek schedule a either for amount of Legality approved by Chapman & Cutler, of Chicago. Anniston, Ala. Bond Offering—L. O. Treadaway, will receive sealed (CST) on Aug. 10 purchase of $1,400,000 Clerk, bids until 3 p.m. for the series of 1950 school tax anticipa¬ tion Dated bonds. Denomination March sive. $1,000. 1951 from 1 Sept. 1950. 1, Due on 1977 inclu¬ to Bonds maturing in 1957 and thereafter subject to prior re¬ are March 1, $20,000, payable to order of the city, is re¬ quired. Legality approved by White, Bradley, Arant & All, of Birmingham. demption beginning on A certified check for 1954. Phenix the Los Angeles County tier High School District bonds offered July 25—v. 172, p. 332—were awarded to Taylor & Additional Lancaster offered Sale the purchase of $110,000 school bonds. Dated Sept. 8 for Sept. 1 from 1951 1970 inclusive. Principal and 1, 1950. to Due interest on payable the at County Treasurer's office. Sch. Dist. (P. O. Eureka), Humboldt County, Calif. bids sealed DST) will Clerk, until 2 p.m. receive Co., both of Los Angeles, jointly, as 2V2S, at a price of 100.142, a $28,000 not to exceed 5% in¬ coupon school bonds. June 15, 1950. Denomina¬ of 1,110,000 Due on series F Sept. 1 from 1951 to 1965 inclusive. 800,000 street improvement-1947, series D bonds. Due on Sept. 1 from 1951 to 1965 inclusive. All of the bonds are dated Sept. Denomination $1,000. Principal and interest (M-S) pay¬ 1, 1950. able at the City Treasurer's office at holder's option, at the fiscal of the City in New York City. Legality to be approved by Orrick, Dahlquist, Neff & rington, of San Francisco. Santa School Ana District about Sale Bond Sale—The $150,000 schdol building bonds offered July 21— tificates. the bids 11 price of as 100.65, a Dis¬ 2V4S, at a basis of about 2.177%. 84,000 Artesia School District bonds sold as a 101.27, 2V2S, at a price basis of about able to the of order I buses and subway-elevated They have been approved as to legality b,y Chapman & Cut¬ ler, of Chicago, and the Harris Trust & Savings Bank, Chicago, is trustee. Additional Treasurer, is required. Legality approved by O'Melveny & Myers, of Los Angeles. (P. O. Santa Clara School Districts (P. by Ralph Budd, Chairman of the Transit Authority, that an agreement had Sale—An Bond school July building bonds 18 the vided issue to Savings Association, LawLevy & Williams, Stone & Youngberg, all of San Francisco, White N. a interest cost & price of of 1952 to 1974 inclusive. tofied Co., of Oak¬ 100.096, a net 1.818%, as about able check A cer- for $2,500, pay¬ order of the County to Treasurer, is required. 50,000 Loma Prieta Joint Union School District bonds. Dated Due on Aug. 1, 1950. Aug. follows: from 1951 to 1962 inclusive. $18,000 2s. 1951 Due to Aug. on from 1 able Aug. 1, 1954 on to 1955. order to A of the County $1,000. Principal and interest payable at the County Treasurer's office. Legality ap¬ inclusive. the at payable ity approved by Orrick, Dahlquist. Neff & Herrington, of San Francisco. Lake County School Districts (P. O. Lakeport), Calif. Bond Offering—Thos. L. Garner, County Clerk, will receive sealed bids until 2 p.m. (Calif. DST) on or registered school bonds, as divided follows: Middletown Unified Sch. Aug. 1 from 1951 to 1960 inclusive. bonds. Dist. Due on 30,000 Lakeport Union Sch. Dist. bonds. Due on Aug. 1 from 1951 to 1975 inclusive. All of the bonds are dated able at the County Treasurer's of¬ Legality approved by Orrick, Dahlquist, Neff & Herrington, of fice. San Francisco. Grove Fire Protection Dis¬ County, Calif. Offering—Harry V. Mo- San Diego nell, Secretary of the Board of Commissioners, will receive sealed bids until 1 p.m. (Calif. Fire DST) on of $35,000 est fire Offering — Florian G. until 7:30 p.m. (Calif. DST) on July 31 for the purchase of $300,- 000 not to exceed 5% interest construction bonds of 1950. ment Dated Bond Offering coupon Aug. 9 for the purchase not to exceed 5% inter¬ protection bonds. Dated Aug. 1, 1950. Denomination $1,000. Due on Aug. 1 from 1951 to 1960 1968 inclusive. A certified bonds, pay¬ able to order of the District, is re¬ quired. Legality approved by O'Melveny & Myers, of Los Angeles. San Francisco (City and County of), Calif. Offering—John R. Bond as Mc- follows: 1 from Hetchy-1947, bonds. 1951 to Due on 1965 Sept. inclu¬ sive. 3,800,000 bonds. airport-1949, series A Due on Sept. 1 from 1951 to 1965 inclusive. 2,400,000 municipal railway rehabilitation-1947, series F bonds. Due on Sept. 1 from 1951 to 1956 inclusive. similar to 2V2s, at of 1 e y H. on Dec. 1 from 1951 to Principal and in¬ about 2.498%. Grass Township (P. O. Chrisney), Ind. Offering — William Quick, Township Trustee, will Bond ceive sealed Plan" finance to $31,000 equipment, inclusive. 30,750 School der of $5,000, payable to or¬ the Township School Treasurer, is required. Legality Chicago Transit Authority, III. $11,000,000 Certificates Quickly Sold—New Issue Scheduled— John sole & Co., Chicago, as underwriter and acting Nuveen Township bonds. semi-annually from July Due 1, 1951 to Jan. 1, 1965 inclu¬ sive. All of the will bonds be dated July 1, 1950. Interest J-J. Legal¬ ity approved by Ross, McCor«V Ice & Miller, of Indianapolis. Indianapolis School City, Ind. $400,000 build¬ ing bonds offered July 21—v. 172* p. 240—were awarded to the First National Bank of Chicago, and the Fletcher Trust Co., Indianapolis* jointly, as Wzs, at a price of 100.388, a basis of about 1.459%. Second high bid of 100.289 for 1%* was made by Drexel & Co. and Raffensperger, Hughes & Co., jointly. Jennings Township (P. O. Austin), Ind. Bond Sale—The $158,000 school civil township bonds offered July 24—v. 172, p. 24Q—were to a syndicate composed City Securities Corp., Fletcher Trust Co., Indianapolis Bond 8c Share Corp., and Raffensperger,. Hughes & Co., all of Indianapolis^ awarded Prior to this issues offering, very few equipment trust cer¬ of tificates have Federal income securities been CTA down is exempt from taxes. The new differ also usual railroad the from the certificates in that making a one-third in cash for the payment equipment, carriers while usually pay only a fourth or less initially in their equipment trust financing. Cook County Sch. Dist. No. (P. O. Dolton), III. Sale—An of issue 148 Chicago, jointly, 100.51. Due 2V2S, at as a price Dec. 1, 1969; op¬ tional Dec. 1, 1955 to 1968 inclu¬ sive. Second high bid of 100.15 for 2V2S was made by F. S. Yantis & Co. ' St. East Bond Sale — Louis, The III. $50,000 of as 2y4s, at a sani¬ price of 100.20, a basis of about 2.224%, Sunman, Ind. Bond Offering—Russell L. Dun¬ Town bar, receive Clerk-Treasurer, sealed bids until 1 will p.m, (CST) on Aug. 5 for the purchase* of $76,000 not to exceed 3V2% in¬ terest water works revenue bond* of 1950. Dated nomination $130,- July 24 to H. C. Speer & Sons Co., and Ballman & Main, both of of on nually Aug. 15, 1950. De¬ $500. Due semi-an¬ Jan. 1 and July 1 from. on 1952 to 1984 inclusive. turing after on are Bonds ma¬ Jan. 1, 1957 and there¬ subject to prior redemp¬ tion beginning on July 1, 1956, at varying premiums depending on the date of call. Principal and in¬ terest (J-J) payable at the People* Bank & Trust Co., Sunman. A. certified check for $500, payable to order of the Town, is required. Legality approved by Ross, MeCord, Ice & Miller, of Indianapolis awarded to G. H. Walker & A certified Township bondfcL semi-annually on Jan. I July 1 from 1952 to 197D and taxes. were the District. I* re¬ pjn. and company for 8 but in addition are exempt from all Federal income terest check until Civil Due new improvement bonds offered July 19—v. 172, p. 240— der and bids (CST) Aug. 11 for the purchase a£ $61,750 not to exceed 3% interest bonds, divided as follows: "Phila¬ the sewer payable at a bank or trust in Chicago mutually agreeable to the successful bid¬ the only bidder, as price of 100.007, a basis a a under tary Vermilion County (P. O. Newport), Ind. Bond Sale—The issue of $175,- Co., of St. Louis, as 2V2S, at a price of 100.13, a basis of about 2.488%. Second high bid of 100.07 for 2V2S was made by A. G. Ed¬ 000 county hospital bonds offered July 25—v. 172, p. 240—were awarded to a syndicate composed-. wards & of City Co. Trust Bond City Mendota, III. Offering — Carl Clerk, will receive Yost, sealed bids until 8 p.m. (CDST) on Aug. 21 for the purchase of $40,000 street lighting bonds. INDIANA Indianapolis Bond & and Raffensperger, Hughes & Co., all of Indianapolis^, as 1 %s, at a price of 100.57, a Share J. Securities Corp., Fletcher- basis Co., Corp., of about 1.683%. high bid of 101.38 for 2s by the Citizens State Newport. Second was made Bank ocf its own retail organiza¬ IOWA Fayette Township, Sch. Twp. succeeded in less than 24 (P. O. New Goshen), Ind. placing with investors an Cedar Rapids, Iowa Bond Sale—The $50,000 build¬ offering of $11,000,000 series A Bond Offering— Maude Ml, equipment trust certificates which ing bonds offered July 24—v. 172, Krebs, City Clerk, will receive' were formally offered on July 24 p. 240—were awarded to Frank sealed and open bids until 10 ajn. at prices to yield from 1.85% to E. Hailstone & Co., of Cincinnati, (CST) on Aug. 7 for the purchase 3.45%, according to maturity. The ; as l%s, at a price of 100.72, a ! of $585,000 bonds, divided as fol¬ Second lows: certificates are dated July 1, 1950, basis of about 1.6409%. and mature semi-annually from ] high bid of 101.13 for 2s was made Due on July 1, 1951 to 1956 inclusive. In 1 by a group composed of City Se¬ $535,000 airport bonds. Dec. 1 from 1951 to 1969 i»announcing the quick retail place¬ curities Corp., Fletcher Trust Co., clusive, and on June 1,1970, ment of the issue, L. L. J. Howe, a and Raffensperger, Hughes & Co. through tion, Hetch series E a r approved by Chapman & Cutler, of Chicago. Grath, Clerk of the Board of Su¬ pervisors, will receive sealed bids until 10 a.m. (Calif. DST) on Aug. 7 for the purchase of $14,310,000 not to exceed 6% interest bonds, divided dianapolis, traditionally by Amer¬ railroads building bonds. Dated 1950. Denomination $1,- 1, of the H Aug. 8 for the purchase of $395,000 not to exceed 2%% interest Due office. — Harmon, Secretary of the Board of Education, will receive sealed bids until 8:30 p.m. (CST) on 000. for 3% en¬ 000 school bonds was awarded on June check certificates trust those used ILLINOIS Aug. 1, 1950. Denomination $1,000. Due on Aug. 1 from 1951 to 1970 inclusive. Principal and interest (A-O) payable at the County $4,100,000 (P. O. Lemon Grove), trict Bond Bond Boyd, Secretary of the Board of Directors, will receive sealed bids Aug. 1, 1950. Denomination $1,000. Principal and interest (F-A) pay¬ Lemon California an development in mu¬ nicipal finance, is a relatively rare type of financing in that the securities being offered are equip¬ Bond Champaign County School District No. 116 (P. O. Urbana), III. Treasurer's Aug. 1 for the purchase of $60,000 not to exceed 5% interest coupon $30,000 Riverside County, Desert Hospital District (P. O. Palm Springs), follows: new 100.096 for 2V2S. proved by Orrick, Dahlquist, Neff & Herrington, of San Francisco. as offering, while not tirely new Treasurer, is required. Denomination Legality approved by Orrick, Dahlquist, Neff & Herrington, of 1 certified check for $1,500, pay¬ 1953 inclusive. 12,000 l%s. Due The delphia $745,000 Palo Alto Unified School District bonds. Dated July 1, of 1949. Due on July 1 from on Trust & C. $11,000,000 certificates, John Nuveen & Co. sold was ;son, and follows: as connection with the first issue of ican composed America National of 172, p. 240—were awarded to City Securities Corp. of Iiv- Bond Sale—The Described—In $30,000 of group a Bank Issue O. Jose), Calif. Bond Offering—E. T. McGehee, coupon California program. San Aug. 7 for the purchase of $795,000 or registered bonds, di¬ Fresno), Fresno County, County Retire¬ Fund, only other bidder, of¬ interest Scheduled— announcement was made commented County Clerk, will receive sealed a.m. (Calif. DST) on School District fered County Treasurer's office. Legal¬ Issue the successful conclu¬ the $11,000,000 offering, of v. 200 cars. pay¬ County bids until 11 Parlier ment and are a.m. bonds, School tion $1,000. Due on June 15 from Principal obligations payable from revenues of the Authority and are secured by title to 500 self-propelled passenger sion O. will until 2.064%. 158,000 LaCanada San Francisco. The 1965 The Following (P. Floyd County, County Schoot Corporation (P. O. New Albany), Ind. all The — terest to Co., of including receive been reached with John Nuveen & (Calif. Co., whereby $4,000,000 of addi¬ $321,000 DST) on Aug. 15 for the purchase tional 4% equipment trust cer¬ various district bonds offered the of $700,000 not to exceed 5% inter¬ tificates are to be issued by the same Dated Aug. 1, day were awarded to est school bonds. Authority. Proceeds of this loan, Denomination $1,000. Weeden & Co., of Los Angeles, 1950. Due together with other funds of the on as follows: Aug. 1 from 1951 to 1975 in¬ Auuiunty, will be used for the clusive. Principal and interest $79,000 Sierra Madre City School purchase of trolley buses to ac¬ payable at the County District bonds sold as 2*4s at (F-A) celerate further the Authority's Treasurer's office. A certified a -price of 101.50, a basis of modernization and improvement check for 3% of the sealed Additional Dated 1952 & banks, insurance companies and individ¬ uals throughout the country, were among the purchasers of the cer¬ Her¬ .Santa Ana), Orange County, Cal. Bond Offering — B. J. Smith, Clerk, partner of John Nuveen disclosed that investors classifications, airport-1945, bonds. County basis of about 2.483%. (Calif. Aug. 1 for the purchase on bonds day were awarded to the Security-First Na¬ tional Bank, and R. H. Moulton & Offering—Fred J. Moore, County Jr., $141,000 District -same land, at Kneeland Elementary Bond The — School the 2.338%. County Clerk, will receive sealed bids until 10:30 a.m. (Calif. DST) 1951 to 1965 inclusive. agency CALIFORNIA County, Calif. Offering — J. L. Brown, recreation-1947, series Due on Sept. 1 from C bonds. or, 1.69%. trict bonds sold Houghton-Kearney Union Sch. Dist. (P. O. Fresno), Fresno 2,100,000 Union of Aug. Dis¬ (P. O. Los Angeles), Calif. Bond Sale—The $500,000 Whit- City, Ala. sold on July 13 to Berney Perry & Co., of Birmingham. on School tricts 000 gas system bonds was Bond interest County Treasurer's office. Legality ap¬ proved by O'Melveny & Myers, of Los Angeles. Sale—An issue of $1,025,- Bond Principal payable at Co., of Beverly Hills, as l3As, at a of price of 100.44, a basis of about bonds. City and (F-A) ALABAMA Alabama hours in 48 (424) The Commercial and Financial Chronicle airport 50,000 Dec. bonds. Due on 1951 1960 in¬ from 1 to Edmonson Bond All of the bonds Bidder to 1, 1950. of interest tified on check issue. 2% A cer¬ of the bonds is required. Legal opinion of Chapman & Cutler, of Chicago. Coggon Indep. Bond July on 31 $150,000 Dist., Iowa Sch. Offering for Sealed — received until were 8 p.m. purchase the building bids (CST) bonds. of Dated able at Charles to dated are the A. of Bank Offering Charles — Secretary of the Directors, will receive Galiher, of until bids for 1 3 the sealed Aug. $62,700 on bonds. Due 1950. Nov. The clusive. at ized A bonds certified the issue, author¬ were election an March on check for 2% of payable to order of the District, is required. Legality approved by Chapman & Cutler, of Chicago. Sumner, Sale Bond Bond Offering Secretary Board, Edmonson until 2 to exceed from 15 1951 16 De¬ & Shawmut terest Consolidated Wiota School and stated in (At District, Iowa Bond Sale—Th6 issue of $85,000 bonds offered July 2l was awarded to the Iowa-Des Moines school legal opinion and in¬ same as previous offering. meeting a Parish principal of School whether Board sell to Aug. on 16 will either the decide $2,558,000 National Bank, City Secretary, will receive sealed McDermott & Co. bids until Bond Atchison School District, Kan. of Northern Trust composed Co., Chicago; Harriman Ripley & Co., Inc., Chicago; Braun, Bosworth & Co., Inc., Toledo; The Illinois Company of Chicago, and Martin - Holloway - Belcher Co., Kansas City, at a price of 100.051, interest net a 1.6214%, as of cost about $881,000 1V2S. Due semi-annually from Aug. 1, 1951, to Aug. 1, 1964, inclusive. 394,000 l%s. Due semi-annually from - 1970, Kansas (P. Sale $700,000 The wo¬ men's dormitory revenue bonds offered on July 21—v. 172, p. 152 - were awarded to a July group com¬ 1950. 1, De¬ inverse in numerical order July 1, 1960, or on any subse¬ interest payment date, at on quent and accrued interest. par Princi¬ pal and interest the (J-J) payable at Tresurer's office, or at City holder's option, Bank & Trust the at Co., New York City. $50,000, pay¬ City Treas¬ urer, is required. Legality ap¬ proved by Chapman & Cutler, of Chicago. to of order the St. Charles Parish Water Works District No. 1 . Kansas City, on a a net interest cost of c' out 2.791%. An account head¬ ed 1 y Beecroft, Cole & Co., was d high bidder, naming an in- seco terc.t rate Corporation (P. O. Grayson), Ky. Bon 1 Offering—George A. Saulsberry, Secretary, will receive ser':d bids until 1 p.m. (CST) on for the purchase of $75,000 :"z% first mortgage bonds. Dated uly 1, 1950. Denomination $1,000. Due on July 1 from 1951 to 1971 / *g. 10 «. inclusive. Callable on or -1955. Principal and interest Louisville. Boston, jointly. notes dated are on Legality Aug. 9, Jan. 31, 1951. by Sullivan, approved Donovan, Heenehan & Hanrahan, of New York City. Essex County (P. O. Salem), Mass. Note Offering—Thomas F. Duf¬ fy, County Treasurer, will receive sealed bids until 11 a.m. (DST) on Aug. 1 for the purchase of $125,000 registered notes to provide funds for emergency tions to the repairs and altera¬ County building. 1, 1950 and due on Dated Aug. Aug. 1, 1951 and 1952. Fall Bond lins, River, Temporary will receive Mass. a.m. (DST) Treasurer, bids Aug. on purchase of registered City sealed until 1 $1,630,000 bonds, for the coupon divided 11 or fol¬ as lows: $1,500,000 trunk bonds. sewer on 1980 inclusive. July 1 130,000 public from 1951 building All July of 1, gality Coolidge day The $450,000 were offered awarded to an the to ac¬ in¬ and National Boston. by Ropes. Rugg, Le¬ Gray, of Bos¬ I Gardner, Mass. Bond sealed bids until 11 a.m. Aug. 1 for the pur¬ chase of $30,000 coupon sewer bonds. Dated Aug. 1, 1950. De¬ on nomination Brown & Principal and interest payable at both of Co., and Scharff & Jones, New Orleans, on a net in¬ terest cost of about lows: $64,000 from 1952 to 2.97%, 2V2S, due on fol¬ Aug. 1 as 1961 inclusive; and $386,000 3s, due on Aug. 1 from 1962 to 1980 inclusive. Auburn, Me. p. 333—were $160,000 school July 25—v. 172, awarded the $1,000. 1951 National Boston. to on Aug. inclusive. Shawmut Legality Storey, Due 1956 Bank approved to Coffin & Burr, of Boston, as l3As, at a price of 100.419, a basis of about 1.705%. Second high bid of $1,000. Due Thorndike, Palmer & proved Sale—The as basis a 1.30s, at of a about The 1950. on are of Boston. Ap¬ by One Boston, plus a other bid Department and Taxation, of Authority, Massachusetts Note Stillman bids sealed will the at receive office the of State Housing Board, Boston, un¬ til 11 a.m. (DST) on Aug. 3 for the purchase of $2,440,000 third series notes. Dated Aug. 16, 1950 and due on July 31, 1951. Sale Bond ton, 1.10s, at as of basis a high price of 100.099, a about 1.076%. Second bid of 100.35 for 1.20s was Blair, Rollins & Co., Inc. The bonds are dated Aug. 1, 1950. Denomination $1,000. Due on Aug. 1 from 1951 to 1957 inclu¬ made by sive. of Bank Boston. Legality ap¬ proved by Ropes, Gray, Best, Coolidge & Rugg, of Boston. Housing Authority, J. P. Second Morgan & 1, Due Aug. 1 from 1951 to 1960 inclu¬ of by 100.427 for Estabrook & Sherborn, Mass. Sale—The $115,000 school notes offered July 27 were award¬ Tyler & Co., Boston, as 1Y4S, at a price of 100.299, a basis of about 1.192%. Second high bid of 100.215 for 114s was made by the First National Bank of Boston. Sale consisted National Bank of Boston, 0.93% interest, plus a premium of $7. Dated Aug. 9, 1950 and due on Jan. 31, 1951. The Chase National Bank, C. J. Devine & Co., and Salomon Bros. & Hutz¬ inclusive. ( 45,000 remodeling notes. Due on Aug. 15 from 1951 to 1959 in¬ clusive. All of the notes are dated Aug. $1,000. Principal and interest (F-A) pay¬ 15, 1950. Denomination able at the Second National Bank of Boston. ineness Certified the by to as Director genu¬ of Ac¬ counts, Massachusetts Department of Corporations and Taxation. Somerville, Mass. Note Offering—Francis J. Tague, City Treasurer, will receive sealed bids until for 11 the (DST) a.m. purchase Dated Aug. 15, 1951. on July $200,000 of 1, 1950. Due Payable at the Sec¬ ond National Bank of Boston. Le¬ gality approved by Storey, Thorn¬ dike, Palmer & Dodge, of Boston, Stoneham jointly, at ler, jointly, was only other bid¬ der, naming a rate of 0.96%, plus $10 premium. Due Aug. 15 from 1951 to 1960 on Feb. Co., Inc., and of: $70,000 school addition notes. notes. Massachusetts to bid made Co., Boston. 31 Montague Housing Authority, Massachusetts Note series Sale J. to Inc., and Bank $525,000 third offered notes awarded The — July 27 were Morgan & Co., P. of the Second National Boston, jointly, at 0.93% interest, plus a premium of $11. Second high bid of 0.96%, plus $12 North Adams, Bond Sale Mass. was The $55,000 water — ed to New Blair, Rollins & Co., Inc., York, as IV2S, at a price of 101.387, basis a of about 1.26%. Second high bid of 100.963 for IV2S made was by First National Bank of Boston. bonds 1950. are Aug. 1 clusive. from chants York, by The a group National C. Salomon J. Bros. composed of Bank Devine notes & of New Co., and Hutzler. & dated Aug. 9, Jan. 31, 1951. by Sullivan, Donovan, Heenehan & Hanrahan, of New York City. are 1950 and mature Legality in¬ on aproved Bank Taunton, Mass. $300,000 Note semi-an¬ offered to and 1961 payable at the Mer¬ National made Chase Aug. 1, $1,000. Due 1951 Principal nual interest the dated Denomination of Boston. Sale—The on the to July 25 Second were National notes awarded Bank of approved by Ropes, Gray, Best, Coolidge & Rugg, of Boston, at 0.773% discount. The Bristol County Trust Co., Taun¬ ton, second high bidder, named a Boston. rate Legality (The of this issue scheduled June 28 on offering was of 0.784%. can¬ celled.) Watertown, Mass. Offering—James H. Sher¬ Bond idan, Town Treasurer, will receive Oxford, Mass. Offering—Walter A. Lov-i sealed bids until 11 a.m. (DST) on Town Treasurer, will receive Aug. 1 for the purchase of $129,- Bond ett, bids Aug. tion 1 until for coupon 11 the (DST) of a.m. purchase high school addi¬ 000 coupon Aug. 1, 1950. Denomination terest on Aug. 1 from payable $70,000 fire station notes. $1,- 1951 the Day Storey, Thorndike, Dodge, of Boston. All 1, of 1950. Trust Principal Palmer & Due on on Aug. 1 from 1951 to 1960 incl. to Co., Boston. Legality approved by Due Aug. 1 from 1951 to 1960 incL 59,000 field house notes. Principal and in¬ at savings notes, divided follows: as building bonds of 1950. Dated inclusive. Aug. high was Principal and interest (F-A) at the First National Due dated Second 1 Mjs IV2S, as payable 1970 Denomination $1,000. July 26 to Coffin & Burr, of at a price of 100.701, a basis of about 1.346%.' Dated Aug. 1, 1950, and due on Aug. 1 from 1951 to 1960 inclusive. The $70,000 sewer — construction bonds offered July 27 were awarded to Tyler & Co., Bos¬ 000. was on Boston, Mass. Milton, 1.274%. Second Seekonk, Mass. Note Sale—An issue of $100,000 house notes was awarded school ed to Offerin g—Chairman B. 1 Massachusetts. Housing by Estabrook - Note Lawrence made was * the Accounts, price of 100.142, by Halsey, Stuart & Co. Inc. bonds notes. Denom. genuineness to Corporations $175,000 $100,000 school high bid of 100.028 for 1.30s made 1950. Aug. 15 from 1951 on Commonwealth on Bond 15, Bank as Director of sealed Hadley, Mass. l%s ' a.m. Principal and payable at the Merchants interest of 11 inclusive. 1961 to until extension water Aug. of by Dodge, of Boston. York, Bond Sale—The offered from bonds offered July 26 were award¬ ed to the Bankers Trust Co., New MAINE bonds 1 $55,000 on Offering—Joseph W. GoCity Treasurer, will re¬ (DST) bids Aug. 2 for the purchase on Dated to dated are the of & 1951 composed of Equitable Se¬ curities Corp., Nashville, Newman, count of ton. ceive — (DST) — bonds offered July 27 were award¬ at Bank sealed ceive The 1970 bonds of interest, & Co. W. Goulding Warren, Town Treasurer, will re¬ bonds. from Principal approved Best, 1 bonds payable Shawmut guen, revenue the 1950. terest 2.472%, as follows: $124,2V4S, due on Aug. 1 from 1951 to 1957 inclusive; and $326,000 2V2S, due on Aug. 1 from 1958 to inclusive. July Offering Note Sale—The issue of $300,000 notes offered July 27 was awarded Offering—James E. Mul- 000 pay¬ Grayson. A certified check for $1,500 is required. Legality aoproved by Skaggs, Hays & Fahey, of July on inclusive. July 1, able at the First National Bank of of for Joseph offered Due of about will Holden, Mass. National awarded to the Worcester were p. after any interest payment date after notes 1970 171, Additional Sale County, County Public Court series 2656—were awarded to a group composed of Shields & Co., New York, Stubbs, Smith & Lombardo, of Birmingham, How¬ ard, Labouisse, Friedrichs & Co., same Louse at 28, rate of 1.09%. on 24—v. receive Bank at 0.93% premium of $12. bids until 5 p.m. Note Boston, only other bidder, a Due water Carte Dec. County Trust Co., of Worcester, at 0.875% interest. Second high bid of 0.93%, plus a premium of $7, was made by J. P. Morgan & Co., Inc., and Second National Bank Sale—The $450,000 public offered Boston, on Merchants July of 3%. KENTUCKY 27 (P. O. New peted of Lee Higginson Corp., R. j J -Edwards, Inc., Oklahoma City,! Weil & Co., and A. M. Smith-Wood Fr-st Securities Co. of Kansas, of & Co., all of New Orleans, at a W chita, and Lucas, Eisen & price of 100.034, a net interest cost Watckerle, of bid reflecting ond Sarpy), La. Bond of 26 National Clinton Housing Authority, Mass. Note Sale—The $325,000 sec¬ Chemical A certified check for O. Kan. — Dated improvement bonds Manhattan), Bond able 1, 1965, to Aug. 1, inclusive. College Aug. on the bonds. Feb. State (CST) a.m. nomination $1,000. Due on July 1 from 1952 to 1975 inclusive. Call¬ able follows: 10 Poag, purchase of $2,500,000 to exceed 4% interest school not ^Bond Sale—The $1,275,000 build¬ ing bonds offered July 25—v. 172, p. 240—were awarded to a syndi¬ cate for A. Offering—P. July the Due 1950 and mature Monroe, La. 29 KANSAS Bank of The of Des Moines, as 2s, at a price of 100.95, a basis of about 1.896%. Second high bid of 100.73 for 2s was made by Shaw, Bank The named $1,250,000 bonds.) or to discount. 1950. dry will receive sealed bids at the payment sealed National offered notes awarded 0.99% Lan¬ plant revenue bonds offered July same hour for the purchase of $1,26—v. 172,Ap 332—were awarded 250,000 not to exceed 4% interest to the Carlton D. Beh Co., of Des Consolidated School District No. 1 Moines, as l3As, at a price of bonds. Dated Aug. 1, 1950. De¬ 100.27, a basis of about 1.709%. nomination $1,000. Due on Aug. 1 Second high bid of 100.23 for l%s from 1951 to 1980 inclusive. Place was made by the Ballard-Hassett of Co. ticipation were Cutler, of Chicago. Offering—Mr. National J. Note Sale—The $500,000 tax an¬ Legality approved by Chap¬ man group Chelsea, Mass. Principal and interest payable at urer. C. inclusive. 1980 to interest, A Devine & Co., and Salomon Bros. & Hutzler, was the only other bidder, naming a rate of 0.94%, plus $19 premium. Aug. on jointly, a Bank, office of the School Board Treas¬ Additional $85,000 light Due National jointly, 333—were awarded p. Morgan & Co., Inc., and at 0.93% premium of $33. composed of the Chase bids Aug. 1, 1950. nomination $1,000. 172, P. ton, plus School Aug. on J. the Second National Bank of Bos¬ of $2,558,000 not interest school 4% Dated 27—v. to sealed (CST) p.m. (P. O. Parish Hough, — J. C. Landry, receive the purchase bonds. 1 offered on July 27— 172, p. 333—were awarded to J. P. Morgan & Co., Inc. and the Sec¬ v. Treasurer, Town notes was received, a group composed of (DST) on the Chase National Bank, C. J. DeJuly 31 for the purchase of $140,- vine & Co., and Salomon Bros. & C00 school building notes, Act of Hutzler, naming a rate of 0.96%," 1945. Dated Aug. 15, 1950. De¬ plus $17 premium. nomination $1,000. Due on Aug. 15 approved by Storey, Thorndike, from 1951 to 1960 inclusive. Prin¬ Peabody, Mass. Palmer & Dodge, of Boston. Bond Sale The $60,000 water cipal and interest payable at the Day Trust Co., Boston. Approved bonds offered on July 25—v. 172,~ MASSACHUSETTS as to genuineness by the Director p. 333—were awarded to Tyler Braintree Housing Authority, Mass. of Accounts, Department of Cor¬ & Co., of Boston, as 13/4S, at a Note Sale—The $880,000 sec¬ porations and Taxation, Common¬ price of 100.399, a basis of about ond series notes offered on July wealth of Massachusetts. 1.695%. Second high bid of 100.16 La. — the of will for Iowa The — Lafayette), Board of No. — Series Hingham, Mass. Offering—Karl C. Note Monday, July 31, 1950 . Peabody Housing Authority, Mass. Note Sale The $715,000 Third Boston. ond Trust Consolidated Parish School District S. Dated Aug. 1, semi-annually from 1, 1951 to Nov. 1, 1969 in¬ building 13. (CST) p.m. purchase Lafayette of Legality ap¬ proved by Rapes, Gray, Best, Coolidge & Rugg, of Boston. ham, 1, LOUISIANA Dist., Iowa Principal and interest (F-A) at the First National payable ceive July by Skaggs, Hays & Fahey, opinion of Chapman & Cutler, of Chicago. Bond sive. by H. Water District, Me. Bond Offering—Elmer J. Burn- county, Brownsville. Legality ap¬ proved City Indep. Sch. made Kittery of Louisville. Iowa was District Treasurer, will re¬ sealed bids, c/o of the Day Co., Boston, until 11 a.m. 1950. Denomination $1,000. Due (DST) on Aug. 2 for the purchase on July 1 from 1951 to 1970 in¬ of $260,000 coupon water bonds. clusive. Callable in inverse nu¬ Dated July 1, 1950. Denomination merical order, at varying pre¬ $1,000. Due on July 1, 1975. Prin¬ miums, beginning on Jan. 1, 1954. cipal and interest payable at the Principal and interest (J-J) pay¬ Day Trust Co., Boston. Legality bonds Ihe 1955 to %s Bank Hinsch & Co. of Cincinnati. Aug. 1, 1950. Due on Dec. 1 from 1970 inclusive. Legal 1 Sale—The awarded were for M. Payson & Co. $50,000 school building bonds offered on July 25 July the rate name each for dated are 100.123 O. County (P. Brownsville), Ky. clusive. . . the notes are dated Aug. Denomination and interest $1,000. payable at the Second National Bank of Bos¬ ton. bv Aporoved the as Director partment of of to genuineness Accounts, De¬ Corporations and Volume 172 Number 4929 The Commercial ana tinanciai cnronicie .. . Vt c,o) Taxation, Commonwealth of Mas¬ D. sachusetts. ation $1,000. Due on West Bridgewater, Mass. Offering—Orvis F. Kin¬ Bond Town Treasurer, will receive ney, sealed Dated July 15, 1950. Denomin¬ terest payable at the Continental July 15 from Illinois National Bank & Trust inclusive. Legality Co., Chicago; Second National approved by Miller, Canfield, Bank & Trust Co., Saginaw, or at Paddock & Stone, of Detroit. the Michigan National Bank of Saginaw. A certified check for Dickinson County (P. O. 1951 bids, c/o the Second Na¬ to tional Bank. (DST) on bonds, divided fol¬ as $800,000 school bonds. Due on clusive. 198,000 school bonds. Due on Aug. 15 from 1951 to 1970 in¬ clusive. All of the bonds payable of Bank are dated Aug. Principal and interest at the Second National 1950. 15, Bond proved Boston. Legality Thorndike, Storey, by Palmer & Dodge ap¬ of Boston. sealed (EST) purchase . bids Aug. 9 for $190,000 me¬ on of $120,000, payable to order of the District Treasurer, is required. Legality approved by Chapman & Cutler, of Chicago. morial bonds. East Bond County, Mich. Bond Offering — Bernard Ploechi, District Secretary, will re¬ ceive sealed (EST) bids until 8 p.m. July 31 for the purchase of $112,000 coupon water revenue on bonds. Dated June 1, 1950. De¬ nomination $1,000. Due on June 1 from 1954 to 1980 inclusive. Bonds in 1959 callable 1960. thereafter and beginning Principal June 1, City bids Clerk, until 8 the will Dated (CST) purchase of p.m. Aug. 1952 Due banking nated Feb. 1 from on Principal at any suit¬ desig¬ bidder. successful check for $3,300, payable to order of the City special able at the Peoples National Bank assessment street improvement of Treasurer, is required. Legality Bay City. Legality approved by bonds offered July 25—v. 172, p. approved by Dorsey, Colman, Miller, Canfield, Paddock & Stone, Barker Scott & 333—were awarded to the First of 0f Detroit. Barber, of Minneapolis. Michigan Corp., Detroit, at a price Macomh, Clinton, Harrison and of 100.026, a net interest cost of Chesterfield Townships Frac. Fergus Falls, Minn. about 2.159%, as follows: $128,000 Bond Sale—The $160,000 School District No. 2y4s, due on Sept. 1 from 1951 to 1954 inclusive, and $32,000 2s, due Rosso, for 1 Aug < of Secretary of the Board rand, nnrrhWe of $485,OUU not to expurchase of *485 000 not"to ex the ceed interest building 3% and thereafter are callable ning begin- payable at a bank designated by the successful bidder. A certified interest and trust or company check for $9,700, District the of payable to order Treasurer, is re¬ quired. Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. . Bedford Township (P. O. 23), Mich. Bond Sale—The issue of $185,000 water and sewer system junior Detroit , July on ' 25, offered awarded to was Stranahan, Harris & Co., Inc., of .Toledo, at a price of par, a net interest of cost about 3.08%, of on Due on ceed 6% (EST) July 31 for on interest Dated June j school 1950 bonds. Denom $50Q Due on APril 1 £rom 1951 to 1960 inc1, Bonds maturing in 1958 thereafter • -f * « callable are , inco 95,000 3s. 1973 Due on c£>eck for $600 payable to order of ,th<; District Treasurer, is required, ^ Madison Township Fractional Rural Agricultural School District No. 1 (P. O. Sand Creek), Mich. Bond [ . Note Offering—A. L. Peapples, Secretary of the Board of Education, will receive sealed bids un¬ til 4 p.m. (EST) on Aug. 1 for the purchase of $255,000 not to exceed 3% interest tax anticipation notes, as • $14,000 1.909%, 2V4s. Due Due 1, 1953 to 1963 inclusive. 13,000 iy4s. Due 1, 1964. 13,000 li/2s. Due April on 1, 1965. County (P. Muskegon), Mich. Note Offering — Treasurer, will Offering—J. receive sealed bids until 2 p.m. (EST) on B. Dated Aug. 1, Jan. and 1950. 15, Aug. Bonds Not submitted Sold—No for the bids were bids until 10 4% on interest, series K, general •public improvement bonds. Dated July 15, 1950. Denomina¬ tion $1,000. Due on July 15 from 1953 to 1980 inclusive. Principal and interest rent official Detroit City order payable at the cur¬ of the City of bank in Chicago, New York Detroit. A certified for to or check $20,000, payable the City Treasurer, of is required. Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. Bond will Offering receive chase — sealed Sale—The $50,000 build¬ ing bonds offered July 25—v. 172, 333—were awarded to McDon¬ p. ald-Moore & Co., of Detroit, as 2s, at price a of 100.10, a basis of interest payable at any suit¬ bank able trust or company certified check for $2,000, A Barber, of Minneapolis. Kandiyohi County Indep. Sch. Dist No. 47 (P. O. Willmar), Minn. are callable in order on and inverse numerica: after Principal and interest payable ai a designated institution banking by the successful bidder. for check A cer¬ payable Bond to order of the District Treasurer i n g—Edward C. $10,000, is Education, will receive sealed bids Dorsey, Colman, Barker, Scott & until 8 p.m. Barber, of Minneapolis. (CST) on Aug 16 for purchase of $6,000,000 not to exceed 2%% building 1950. interest bonds. Dated Denomination site paving bonds, series 50- $1,000. 1, Due Principal and in- Note Bond Offering—John F. Hughes City sealed bids Aug. on Aug. 1 for $300,000 notes. the 000 each Dec. by until 1 10 Dated Aug. 8 1950. l for the water, purchase sewer and of Aug $137,000 street bonds 1952 to 1973 inclusive. Principal Due $100,- 8, Dec. 11 and Legality approved Thorndike, Palmer.& 1950. Storey, Dodge, of Boston. NEW JERSEY Bond City Clerk, in¬ Due on clusive. to 1951 All of 1955 the assessment on Aug. 1 from inclusive. bonds the certified are school bonds. Dated from 1951 to Mainland 1957 check for 2% by Bank Hawkins, Delafield of New York of Legality approved & Wood, City. Pemberton Browns Township (P. Mills), N. J. b^nds offered 241—were side July 21—v. awarded Union Bond City, Offering call. N. J. — City Clerk, Wilfred will G. receive (DST) a.m. on Aug. 3 for the purchase of $560,not to exceed 1 6% interest Dated July 1, 1950, $1,000., Due on from 1951 to 1972 inclu¬ sive. Yvonne B. Holloway, Secretary of the Board of Education, will receive sealed bids until 8 p.m. (CST) on Aug. 4 for the purchase of $170,000 school bonds. Dated Aug. 1, 1950. De¬ nomination $1,000. Due on Feb. 1 subject to p. River¬ Co., of Riverside, as l3/4s, at a price of 1Q0.389, a basis of about 1.671%. Boland, Saffin & Co., only other bidder, " offered 100.23 for 2i/4s. July — 172, to the Trust 000 MISSOURI O. The $19,000 water — Denomination Kennett School District, Mo. are inclusive. National Pleasantville. school bonds. Offering July 1, 1950. on July Denomination $1,000. Due dated City, is required. Bond receive (DST) Aug. 8 for the purchase of $14,000 not to exceed 4,% interest fol¬ as assessment bonds. Due will on (CST) purchase of Aug. 1 from 1951 to 1957 in¬ bonds. * Principal and interest payable at divided special J. sealed bids until 8:30 p.m. Bond Sale tersection N. Offering—Harry E, Pen- a.m. the for bonds, $27,822.60 Principal and interest (J-J) payable at the Hudson Trust Co., Union City. $11,200, the A certified check for payable to the order of City, is required. Legality Hawkins, Delafield & Wood, of New York City. approved by Weehawken The Township (P. O. Weehawken), N. J. Prin¬ cipal and interest (F-A) payable at a banking institution desig¬ nated by the successful bidder and approved by the Board of Edu¬ cation. A certified check for $1,- Bond Offering—Leo P. Carroll, Township Clerk, will receive seal¬ 700, payable to order of the Dis¬ trict, is required. Legality ap¬ proved by Charles & Trauernicht, or of St. Louis. Normandy Consolidated School District (P. O. St. Louis 14), Missouri Bond Offering — Charles Merz, tion, will receive sealed bids un¬ til 8 p.m. (CST) on bids until 10:45 a.m. (DST) on Aug. 3 for the purchase of $76,000 ed not to exceed Co., Union City, $1,520, pay¬ Township, is required. Legality approved by Reed, Hoyt & Washburn, of New York City. A certified check for March 1 from 1961 on Bonds maturing callable in inverse are interest, able March 1, on subsequent a bank nu¬ accrued 1956, or an interest payment Principal and interest at pay¬ designated by the successful bidder and approved by the fied Board check of Education. for order of the the Aug. 2 for the NEW 1, 1950. Denomination to 1969 inclusive. interest coupon monwealth Trust purchase of $450,000 school bonds. $1,000. Due 6% registered playground bonds. Dated Aug. 1, 1950. Denomination $1,000. Due on Aug. 1 from 1951 to 1980 inclusive. Principal and in¬ terest (F-A) payable at the Com¬ able to order of Secretary of the Board of Educa¬ date. on re¬ (DST) purchase of Dec. on 12, Merrill, will noon Denomination $25,000. lows: bids until (CST) S. Treasurer, ceive sealed bids until 1 Greenwood, Miss. Bond Offering — Bonner Duggan, City Clerk will receive any 7 p.m. on HAMPSHIRE Sale—Frank Acting the Village Clerk, will receive sealed and thereafter March 1, 1954. of cost merical order, at par and are callable in in- Dated Aug. 1, 1950. Denominaspecial assessment street verse numerical order beginning tion $1,000. Due on Feb. 1 from and alley interest MISSISSIPPI in 1969 Marblehead, Minn. and Aug. Legality approved by required. were Concord, N. H. nell, 1.8971%. Dated Sept. MacRae, Secretary of the Board of the net a 1, 1963 Aug. Saginaw School District, Mich. e r inclusive. from 1951 to 1966 inclusive. tified O f f NEW to Bonds due in 1965 and thereafter The Controller! on March 1 from 1952 to 1969 inbids until 10 clusiVe. Bonds maturing in 1955 of $545 OOo'not to0exceldP3% interest Bond a.m. 1961 syndicate headed by Shields & Co., New York City, submitted the next highest bid, which re¬ Due on Aug. 15 from Principal to Lake), Mich. from A 1966 inclusive. to bonds election an Lin wood, 1.80s. Due 1969 bonds $25,000 not The at June 30. Denomina¬ designated by the successful bid¬ & Muskegon, Mich. Council. sealed bids until 11 for by Dorsey, Colman, Barker, Scott 10, 1951. Town A 4 payable to order of the District, is required. Legality approved on will be the first choice and serial bonds the second choice of the bonds, payable to order of Aug. 1:30 of Aug. 1, 1950. Amortization bonds Louis. on until purchase 6% in¬ terest water system bonds. Dated of the (CST) p.m. bids (MST) exceed the sealed Board, 000 not to exceed 2% 1950 and due Minn. Clay- receive p.m. the purchase of $65,000 not to exceed 2V4% interest building bonds. School July 31 for the purchase of $575,anticipation notes. Aug. 7 for $15,000 not to will 8 Turner, the of der. interest tax sealed 100,000 2s. Due in 1970 and 1971. M. Johnson, will until Aug. 1, 1950. Legality approved by Charles & Trauernicht, of St. Clerk 1951 W. H. Wilson, J. exceed 4% interest Aug. 2 for the purchase of 81,000,000 not to exceed • No. 4 tion $1,000. O. 455,000 Sch. Dist. (P. O. Cambridge), Minn. Dated Muskegon and receive Chas. — Clerk, bids inclusive. Piper, Hopwood, Offering Town $495,000 2s. Due from 1952 to 1960 $69,620.09 Co., Bond pool, follows: on bid of 100.30 for 1.90s MONTANA Dodson, Mont. on $1,050,000 light, power and heating system revenue bonds offered July 26—v. 172, p. 241—were awarded to a syndicate composed of J. M. Dain & Co., Pi¬ per, Jaffray & Hopwood, AllisonWilliams Co., C. S. Ashmun & Co., all of Minneapolis, Shaugbnessy & Co., Mannheimer-Egan, Inc., Har¬ old E. Wood & Co., all of St. Paul, Woodward-Elwood Co., Minne¬ apolis, and Caldwell, Phillips Co., of St. Paul, at a price of par, a net interest cost of about 1.884%, as County Indep. receive April on & Minn. Bond Sale—The due on will Worthington, 1.583%. and Louis, authorized price of Allison-Williams Bond April 1 from on of made by a group composed of Isanti April on Clerk, elec- an June 6. Legality appproved Charles & Trauernicht, of St. sealed bids until 7:30 p.m. (CST) on Aug. 1 for the purchase of $30,000 improvement bonds. Dated Aug. 15, 1950 and due in five years. a 1950, Lake, 41,798.30 special follows: as Barber, of Minneapolis. Dain & Co. 1951 and 1952. 110,000 2s. City Controller, will re- sealed (EST) • the & of about 1, Second high Jaffray Michigan Corp., Detroit, at a price of 100.02, a net interest cost of about Bank 13/4S, at as basis a Aug. of Offering—John H. With- erspoon, ceive Due • - National Bond Offering—Alice C. Hodin paving district District Clerk, will receive sealed Due special assessment bonds offered bids until 4 p.m. (CST) on Aug. 2 for the purchase of $725,000 build¬ on July 20.—V. 172, p. 333. Each issue is dated Aug. 1, 1950. ing bonds. Dated Aug. 1, 1950 Denomination $1,000. Due on Aug Northheld Township School District Detroit, Mich. 1 from 1953 to 1967 inclusive No. 11 (P. O. Whitmore Bond - 100.70, Dated was follows: $145,000 tax notes of 1950. April 1, 1951. 110,000 tax notes of 1951. April 1, 1952. $75,000 build¬ ing bonds offered July 24—v. -172, p. * 241—were awarded to the by authorized at were on cer- required. Legality to be approved by Dorsey, Colman, Barker, Scott Sale—The Feb. 1 from 1952 to 1961 inclusive. Sale—The $150,000 school County Mich. Bond mul- Bonds tion tified check fof $2,740, payable to order of the Village Treasurer, is flected Hennepin County School District No. 17 (P. O. Edina)^ Minn. bonds offered July 25—v. 172, p. 333—were awarded to the First April 1 from Benton Harbor Sch. Dist., urer's office. Minneapolis, j ^ indebtedness. of Principal and in¬ terest payable at the City Treas¬ Northwestern ^ 1 1979 inclusive. to receive to 1960 inclusive. 7 certified certificates A 1/10 of 1%. or of rates or a p.m. Aug. 15, 1950. Denomination $1,000. Due on Aug. 15 from 1951 be a , from 1955 to 1972 inclusive. . will 7:30 Dated as April until (CST) Aug. 7 for the purchase of $21,- until 8 p.m. follows: $90,000 3V4S, Clerk, sealed bids the purchase of $30,000 not to ex¬ series II, bonds, revenue F. 000 Principal| July-1, 1954. on City elson, Offering — C ha rles Director of the Board Dated , Certificate Offering—Iver Mick- Education, will receive sealed bids bonds. Aug. 1, 1950. Denomination $1,000. Due on July 1 from 1951 to 1967 inclusive. Bonds due in 1955 (P. O. Mount Clemens), Mich. Bond in 1955. Bagley Township Fractional Rural Agricultural School District No. 1 (P. O. Gaylord), Mich. Bond Offering — Rupert Far- 1 Rate interest to be expressed in bonds. Denomina¬ interest pay¬ and Aug. $165,000 institution the by certified A 1950. interest payable able sealed on 1966 inclusive. to Rand, works 1, tion $1,000. and G receive water coupon bidder. tiple of y4 lage Minn. A. — cessful Bond Offering—P. G. Wall, Vil¬ Forks, Offering for 4 Grand and interest payable at a banking institution designated by the sue- Mountain MINNESOTA Kawkawlin Metropolitan District (P. O. Kawkawlin), Bay are Park, Mich. receive p.m. maturing MICHIGAN Allen will 7 the Aug. 15 from 1951 to 1970 in¬ Mountain), Mich. Offering — The County Clerk until lows: - Iron Boston, until 11 a.m. Aug. 2 for the purchase of $998,000 1955 "so $4,500, A certi¬ payable to District, is required. YORK Avon, N. Y. Bond Offering — Tore* Russell giano, Village Treasurer, will re¬ ceive (DST) sealed on bids until 3:30 p.m. Aug. 3 for the purchase of $63,000 not to exceed 5% inter¬ est coupon bonds. or Dated registered Aug. nomination $1,000. 1, 1950. interest at the Union Trust A certified De¬ Due on Aug. 1 from 1951 to 1970 inclusive. cipal and water (F-A) Prin¬ payable Co., Rochester. check for $1,260, pay- „ 50 The Commercial and Financial Chronicle (426) is urer, Legality required. Wash¬ proved by Reed, Hoyt & burn, of New York City. Y. Offering—Margaret Village Treasurer, Bond aonette, receive (DST) of until bids sealed terest improvement Sept. 1, Biswill 2 p.m. Aug. 1 for the purchase not to exceed 5% in¬ on $15,000 Dated bonds. Denomination $1,- 1950. 500. Due I960 inclusive. Sept. 1 from 1951 to Principal and in¬ (M-S) payable at the Vil¬ terest on fied for check A certi¬ office. lage Treasurer's payable to order of the Village, is required. and interest (J-D) payable at the Youngstown), N. Y. Sale—The$l,500,000build¬ Peekskill National Bank & Trust ing bonds offered July 27—v. 172, Co., Peekskill. A certified check p. 334—were awarded to a group for $3,500, payable to order of the composed of Marine Trust Co., Town, is required. Legality ap¬ $300, Manufacturers and Callicoon, Fremont, Rollins tral School District No. 1 (P. O. Callicoon), N. Y. offered bonds 334 July 25—v. 172, awarded were — to Co., all of New York, as 1.90s, at price of 100.14, a basis of about I.88%. Second high bid of 100.837 for 2s was made by Smith, Barney a Co. & Glens Falls, 242—were awarded basis a New York, 2.20s, at as 100.22, a basis of about 2.179%. high bid of 100.149 for 2.20s was made by the HighlandQuassaick National Bank & Trust Niskayuna No. 5 York New tional Bank & Trust Co., as Loucks, District at 1.10s, basis of high bid ceive price of 100.027 of a Second for National the 100.188, 1.066%. 1.20s made was Commercial by Bank, Albany. No. 4 (P. O. Mineola), N. Offering sealed (DST)) tion Aug. 1, $1,000. 1952 will 2 p.m. the for to not pur¬ exceed bonds of school 1950. 1951 Feb. on Bank of certified check 1 Bellmore. A $14,000, pay¬ able to order of the District, is required. Legality approved by Vandewater, Galloway, Heckler & City. Sykes, York New of Hempstead Union Sch. Free Dist. 16 Bond (P. O. Elmont), N. Y. Offering—Louise Hinkel, District Clerk, will receive sealed until 3:30 (DST) p.m. on Aug. 10 for the purchase of $1,725,000 not to exceed 4% interest ;school bonds of 1950. Dated Sept. I, 1950. Denomination $1,000. Due on Sept. 1 from 1951 to 1979 in¬ clusive. Principal interest and payable at the Franklin National Bank, Elmont. Legality approved by Hawkins, Delafield & Wood, of JNew York City. A certified check for $34,500, payable to order of the District, is required. N. Y. The $12,000 Sale offered 242—were July 20—v. awarded National *flam of — Potsdam, Bank as 2s, the to & at water 172, p. Pots- Trust a Co., price of purchase of interest 1950. on Dated Aug. 1 from Principal Co. Sche¬ Legality ap¬ by Vandewater, Sykes, Heckler & Galloway, of New York City. Hempstead Union North Huntington Union Free Sch. Dist. No. 6 (P. O. Greenlawn), N. Y. Hyde Park), N. New Bond Offering — District Fitzpatrick, (DST) of $95,000 not Bernard J. will 4% to exceed 000. Due 1965 inclusive. terest Aug. 1 from on 1951 to Principal and in¬ payable at the Wil- (F-A) liston National District Treasurer, man, bids sealed ceive re¬ 2 p.m. July 31 for the purchase of $21,000 not to exceed 2V2% in¬ (DST) on terest construction 1950. July 31, 1951 bonds. Due composed of Bacon, Steven¬ & Co., R. D. White & Co., and & Co., all of New York, as Interest A-O. Principal and interest payable at First Na¬ tional Bank & Trust Citizens National Bank of A certified check for bids were rejected.) Stream National Bank & Trust Co. certified check for $7,080, pay¬ A able to order of the Village, is re¬ Legality approved by Vandewater, Sykes, Heckler & Galloway, of New York City. quired. Plains White Spafford Fire District (P. O. Treasurer, sealed bids until 10 will receive (DST) on July 31 for the purchase of $16,000 not to exceed fire bonds. 5% interest coupon Dated Sparkle Lake Water District (P. O. Yorktown Heights), N. Y. Bond Offering—John H. Down¬ ing, Supervisor of the Town of Yorktown, will receive sealed bids City, at 0.95% interest. Due 2, 1951. , 1950. 5% interest water bonds of Dated June 1, 1950. Denom¬ Cooper, Due from 1952 for A $10,000, inclusive. 1970 to of Denomination $1,May 1 and Nov. 1 on M-N. terest Board certified payable In¬ check order to of Clerk-Treasurer, is required. Legality approved by Squire, Sanders & Dempsey, of Cleve¬ Avon Lake, Ohio Offering—Jos. M. Boehm, Bond land. Village Clerk, will receive sealed bids until noon (DST) on Aug. 10 for the purchase of $8,587.15 V-k% special assessment water bonds. 1, 1950. Due on Oct. 1 Dated Aug. inclusive. In¬ A certified check for 1951 from A-O. terest 1955 to Vil¬ $90, payable to order of the lage, is required. Legality ap¬ & by Squire, Sanders Dempsey, of Cleveland. proved School District, Ohio of Education, Board of the Fostoria, Ohio Bond Offering—Gerald D. King, City Auditor, will receive sealed bids until the for will receive sealed bids until noon Dated Aug. $1,000. nomination $1,000. 1951 from 1 1950. 1, Due on inclusive. 1973 to De¬ Dec. Principal and interest (J-D) pay¬ able branch Bedford at the of certified A Co. Trust Cleveland check for the of is $5,000, payable to order above-mentioned official, Legality to be proved by Squire, Sanders Dempsey, of Cleveland. required. ap¬ & tional fied Oct. on 2% 1 from 1952 Principal inclusive. and payable at the First Na¬ Bank check of Fostoria. for Legality, A certi¬ $5,000 is required. Squire by approved Sanders & Dempsey, of Cleveland. Lakewood, Ohio Bond Offering—Henry A. Rees, Director of Finance, will receive until bids sealed (DST) noon on Aug. 7 for the purchase of $120,000 3% incinerator building and im¬ Dated Sept. 1, $1,000. Due provement bonds. Denomination 1950. Oct. 1 from 1951 to 1970 inclu¬ on sive. Bonds Oct. 1, due 1965, subsequent to callable in in¬ are numerical order verse Bronson-Norwalk Local Sch. Dist. Aug. 15 on $475,000 1, 1950. Denomination Due 1971 to (DST) on Aug. 9 for the purchase $500,000 3% improvement Dated Aug. of grade crossing elimination bonds. of bonds. (EST) noon purchase interest Offering—Leo J. Kucera, Bond school building ond high bid, for 23/4S, made was by Raffensperger, Hughes & Co. on after or April 1, 1966. Interest A-O. A cer¬ tified check for 2% of the bonds, (P. O. Berea), Ohio Bond Offering—C. Daniel Mur¬ Village ray, bids sealed Clerk, until will (DST) noon Aug. 7 for the purchase of $40,000 172, p. 334—were 3% series A general bonds of 1950. awarded to the Equitable Securi¬ Dated July 1, 1950. Denomination ties Corp., Nashville, at a price of $1,000. Due on Oct. 1 from 1951 par, a net interest cost of about to 1970 inclusive. Interest A-O. 2.321%, as follows: Callable in whole or in part on July 2s. Due June on from 1 Oct. subsequent 1957 to 1964 inclusive. interest payment date. Principal 38,000 2V4S. Due on June 1 from and interest payable at the Cleve¬ 1965 to 1974 inclusive. Sale—The bonds offered 334—were state C. N. July 25—v. awarded Securities 172, p. Inter¬ the to Charlotte, Corp., Due June 1 from on 1952 to 1957 inclusive. 262,000 2s. Due 1958 to 1971 inclusive. A cer¬ 1 1951 from Co., & 20 to inclusive. 1970 to Inc., Cardington Local Sch. Dist., Ohio Bond Sale—The $150,000 school bonds offered July 18—v. 172, p. 56—were awarded to Co. Fahey, Clark and Hayden, Miller & Co., both of Cleveland, jointly, as 2V2S, at basis of 2.356%. Second high bid of price a of for 101.409 101.509, 2V2S a made was by Braun, Bosworth & Co., Inc. Offering Bond W. — bids his at estate E. Easter- in office Ra¬ (EST) on Aug. for the purchase of $29,000 not exceed a.m. 6% provement Dated July 1, $1,000. Due Denomination 1950. June clusive. 1 im¬ interest street bonds. 1953 from Principal to 1963 July (J-D) payable in New York City. certified check for $580, pay¬ order of the State Treas¬ is required. Legality ap¬ proved by Reed, Hoyt & Wash¬ urer, burn, of New York City. until 11:30 for Offering will the purchase bids on Aug. $480,000 Bond O f f e r i Dak. n g—E. — were as 100.71, 2V2S, at a price of basis a 2.423%. about of was high bid of 100.28 for 2%s made by Breed & Harrison, of Cincinnati. Christianburg, Ohio Bond Sale—The $21,500 special assessment water works bonds of¬ fered of July 26—v. 172, on p. 242— awarded to McDonald & were group a Cincinnati, 1952 follows: as Cleveland, as 2%s, at a price J. A. White & Co., high Cincinnati, bidder, offered sec¬ 100.44 O. (P. Bond Clerk will receive (EST) of tion S. War- drope, City Auditor, will receive Dist. bonds. Due on K. — bonds Denomination 1950. July dated are $1,000. the Harter Bank & Trust Co., Can¬ ton. Maple Heights City Sch. Dist., Ohio Offering Bond bids until F. — will Board of sealed receive (DST) noon Vasek, J. the of Aug. 15 on purchase of $360,000 3% coupon school bonds. Dated Aug. 1, 1950. Due on June 1 from 1953 to 1972 inclusive. Principal for the payable at Cleve¬ certified check for $4,- and interest the Cleveland land. A (J-D) Trust Co., 000,'payable to order of the Dis¬ trict Treasurer, is required. Le¬ gality approved by Squire, Sand¬ & Dempsey, of Cleveland. ers (P. O. Marshall Local Sch. Dist. Route 8, Bond Hillsboro), Offering — of the Board Clerk J. Ohio J. Uhrig, of Education, will receive sealed bids until noon 11 for the pur¬ chase of $10,000 3% improvement (EST) on Aug. Dated Aug. nomination $1,000. from 1951 1, 1950. De¬ on Dec. 1 Due to 1960 inclusive. Prin¬ sealed on Aug. $3,800 Dated 4% D. bids 5 for until Hillsboro. the 1 % of the construc¬ Aug. 1, 1950. July 1 from 1951 to 1960 inclusive. inclusive. 1978 to 1, Prin¬ cipal and interest (J-J) payable at The Kyle, cipal and interest payable at the the Board of Education, Farmers & Traders National Bank, Offering of Sch. Richmond), Ohio inclusive. 1960 to Co., of 100.028, a basis of about 2.746%. purchase N. 242 p. Second noon refunding warrants. Leeds, offered Cleveland^ City of to bonds. The (CST) a.m. 172, v. Claibourne-Richmond sealed — receive — real $10,000 bonds for 3s. Fargo, N. Dak. Warrant The — Fahey, Clark & Co., of ond NORTH DAKOTA Auditor Sale acquisition 24 A able to sold re¬ was composed of Pohl & Co., Seasongood & Mayer, and Doll & Ispording, Inc., all of cently Education, awarded to in¬ interest and bonds revenue gage $300,000 improvement first mort¬ Clerk-Treasurer Chagrin Falls, Ohio Bond C. N. Bond Sale—An issue of sewerage 242,000 2%s. Due on July 1 from Due on June 1 from 1972 to 1976 inclusive. Reidsville, Ohio Louisville, $58,000 2V2S. Due on July 1 from 90,000 2V4S. 15 Bosworth 1% of the bonds, about June 1 from on or on any check for tified & $48,000 3s. on Braun, 1961 $400,000 water follows: to mortgage June on payable to order of the Village, is required. 1975 to 1979 inclusive. Morgantown, 1, 1.960, land Trust Co., Cleveland. Due on June 1 from 25,000 2V2S. 1 sold was 25—v. $19,000 as bonds on offered bonds first system sewage of Toledo, as 2V2S, at a price of 100.33, a basis of about 2.465%. receive Dated July 1, 1950 and due on Jan. Brook Park CAROLINA Lee County (P. O. Sanford), N. C. Bond Sale—The $82,000 series C 2 p.m. (DST) on Aug. 2 for purchase of $175,000 not to ex¬ ceed 1950. 1, 000. the York Feb. sealed a.m. Sept. of (P. O. Norwalk), Ohio payable to order of the City, is Bond Sale—The $40,000 building required. notes •bonds offered July 20—v. 172, p. offered July 21 were awarded to 242—were awarded to J. A. White Lebanon, Ohio Salomon Bros. & Hutzler, of New & Co., of Cincinnati, as 2V2S. Sec¬ Bonds Sold—An issue of $80,000 leigh until 11 Offering—Hoyt S. Ackles, G. H. — Sale—The $3,800,000 Note ling, Secretary of the Local Gov¬ ernment Commission, will receive (Skaneateles, R. D.), N. Y. Offering Housing Authority, New payable to order of the District, is required. Legality approved by the originally of¬ Principal and in¬ Bond the $420, onta. until were Julv 6. a* which time all 1951 from 15 payable at the Valley terest (M-S) One- {These bonds on March on to 1969 inclusive. cipal and interest payable at the Hunt¬ ington. Legality approved by Vandewater, S.ykes, Heckler & -Galloway, of New York City. fered Co., Due 000. 1 Aug. 1, 1950. $1,000. Due on i.70s, at a price of 100.47, a basis Denomination -of about 1.627%. Second high bid Aug. 1 from 1951 to 1966 inclusive. of 100.35 for 1.70s was made by a Principal and interest payable at group composed of Roosevelt & the First National Bank of MarCross, Francis I. duPont & Co., cellus. A certified check for $320, and Tilney & Co. payable to order of the District, is required. Legality approved by The bonds are dated July 1, Vandewater, Sykes, Heckler & 1950. Denomination $1,000. Due Galloway, of New York City. •on April 1 from 1951 to 1965 in¬ clusive. in¬ registered public improvement bonds of 1950. Dated March 15, 1950. Denomination $1,- 1964 inclusive. Prin¬ to Aug. 1 for the purchase on $354,000 not to exceed 5% of Dated March on p.m. terest coupon or Bond will until 2 be to OHIO Clerk until bids on approved by Faegre & Benson, of Minneapolis. sealed Otego Fire District, N. Y. District Hall County, is re¬ by & callable are Legality interest. crued Village Treasurer, will re¬ by Hawkins, Delafield & Wood, of City. Offering—Howard L. Vro- Aug. 1 from on 1, 1961 ceive New York Bond Due 1966 inclusive. Bonds due 1952 to menz, Bank, East Willis- payable to order of the District, is required. Legality approved $1,000. Denomina¬ 1950. 1, Bedford City certified check for $1,900, A ton. Dated Denomination $1,- 1950. 1, in¬ tion Aug. Valley Stream, N. Y. Offering — Fred A. Cle- NORTH Clerk, terest school bonds of 1950. Aug. ing bonds offered on July 27—v. 172, p. 56 — were awarded to a grouo pay¬ School Education, will receive sealed bids until noon (DST) on Aug. 8 for the purchase of $950,000 3% build¬ ing and equipment bonds. Dated Dated Bond Y. Aug. 2 for the purchase on Bond Sale—The Na¬ of Monticello. certified check for $6,540, on receive sealed bids until 3:30 p.m. $275,000 build¬ Bond payable at the Bank A to Principal and in¬ (J-D) Union York Free School District No. 9 (P. O. Wayne L. Tyson, of Unadilla. par. son Due Trust from Hermon, bonds of proved from for Bond office interest payable at the inclusive. National bids re¬ State St., a.m. (DST) inclusive. 1955 nectady Principal and interest payable at the First No. the bonds of bus to and Denomina¬ 1950. Due 1967 to until 2 $700,000 interest school Dated Clerk, bids Aug. on of chase 5% for 8 Aug. on will the W. Peters, 514 Schenectady, until 11 Roy Aug. 1, 1950. Y. Mortimer — District Pearlstone, receive Clerk, bids at sealed F. Raymond — $30,000 not to exceed 5% Hempstead Union Free Sch. Dist. Bond inclusive. tional (DST) Union Free Sch. Dist. (P. O. Schenectady), Offering a 1967 on terest Second Bond about price a Co., Newburgh. Falls Glens Due from 1951 1 June 000. of Na¬ the to account an June Galloway, of New York City. Sale—The $100,000 street, awarded in¬ improvement bonds. Dated 1, 1950. Denomination $1,- of building bonds offered 26—v. 172, p. 334—were July to 172, p. Aug. 7 for the on City Falls District, Ohio Clerk-Treasurer Aug. 2 for the purchase on Cuyahoga un¬ purchase of $15,000 not to exceed $327,000 not to exceed 5% able to order of the and jsewer (DST) of quired. Legality approved Vandewater, Sykes, Heckler Y. N. July 20—v. (CST) Monday, July 31, 1950 . 3% interest fire protection bonds. strong, County Treasurer, will re¬ ceive sealed bids until 2 p.m. composed of George B. Gibbons & of about 2.45%. Bond County (P. O. Monticello), N. Y. Bond Offering —A. F. Arm¬ Sullivan Co., Inc., Bacon, Stevenson & Co., and Chas. E. Weigold & Co., all White & Co., all of New York, as price of 100.625, offered County Audi¬ Minnewaukan, and after that date at par and ac¬ terest Windsor Water District No. 2 til 2 p.m. the in after Aug. p. •Co., Inc., Chas. E. Weigold & Co., Bacon, Stevenson & Co., and R. D. a Securities Union the and Corp., jointly. bids 'at tor's office City. group a composed of George B. Gibbons & 2V2S, at Blair, Roosevelt & Inc., Co., sealed by Vandewater, Sykes, Heckler & Galloway, of New York proved Cross, Wood, Struthers & Co., W. H. Morton & Co., and Freeman & bonds Sale—The $880,000 school Bond & (P. O. Windsor Highway, M. D. No. 25, Newburgh), N. Y. Bond Sale—The $148,000 water Hancock Cen¬ and Cochecton Traders & Co., both of Buffalo, Trust New Delaware, ination $1,000. Due on June 1 from 1951 to 1985 inclusive. Principal (P. O. 1 Bond N. Dannemora, School District No. ap¬ Central Porter and Lewiston able to order of the Village Treas¬ . . of the A certified check Board of Education, quired. for bonds, payable to order Legality is approved re¬ by Peck. Shaffer & Williams, of Cin¬ cinnati. Volume 172 Number 4929 . . . The Commercial and Financial Chronicle (427) Miller City-New School Cleveland District (P. O. Local 590,000 water works system tension Miller bonds. City), Ohio ceive sealed (EST) on of $50,000 sium bids bonds. 1 sive. A until 7 442,800 sewage improvement re¬ p.m. 289,785 Sept. 1, 1950. $2,500. Due on 1951 to 1970 inclu¬ bonds. 9,500 1953 Village man, will receive until noon (EST) on bids sealed Clerk, Aug. 15 for the purchase of $13,850 special assessment street improve¬ ment bonds. Dated Aug. 1, 1950. One bond for $850, others $1,000 each. Due on Oct. 1 from 1952 to 1961 inclusive. certified A-O. Interest check for 1% of A the .bonds bid for, payable to order of the * < fied bonus. im¬ from Due inclusive. aubiorized were July on 18. A of tjie at certi¬ amount bid is required;-* Marshall No. and of the Board ebids until 11:30 (DST) on Aug. 14 for the purchase of $257,000 bonds, divided as follows: -$200,000 bridge repair bonds. Due on Sept. 1 from 1951 to 1960 on Board of Eduga&pa will re¬ ceive sealed bids until the purchase bonds. July 31 for $3F;560 building of Due from 1953 to 1962 in¬ Pittsburg County (P. McAlester}, Okla. Bond ter, Ottering—Grace County sealed district bonds. Due Sept. 1 from 1951 to 1960 bonds. are dated Sept. pay- County Treasurer's County to furnish legal office. opinion. Steubenville, Ohio Bond Sale—The assessment on awarded Car¬ receive (CST) on 1953 1973 to Okla. Bond Sale—The $500,000 limited facility bonds ofiered July p. 335—were awarded to a group composed of the First National Bank of Chicago. First National as Inc., First of Michigan Corp., and Janney & Co. gality approved by Townsend, Munson, of Philadeipma, Reed, Smith, Shaw & Mcuiay, Pittsburgh. Elliott & arid of Authority (P. O. Bethlehem), Pa. Bank Offering bids &; Trust Co., and will until 10 (EST) purchase of Aug. 11 for the $5,000,000 not to exceed sewer L. receive a.m. on 3% in¬ bonds revenue Aug. 15, 1950. De¬ $1,000. Due on Aug. 1952 1988 to inclusive. Bonds maturing on and after Aug. 15, 1958 are demption. annual nigan, District Secretary, will ceive sealed subject to Principal interest prior re¬ semi¬ and payable the at bids until 7:30 re¬ p.m. Aug. 9 for the purchase $100,000 coupon improvement bonds. Dated Aug. 15, 1950. De¬ nomination $1,000. Due on Aug. 15 on from 1951 to 1960 inclusive. A tified check for 2% payable to order cer¬ of the bonds, of the District Treasurer, is required. First National Bank & Trust Co., Bethlehem, Trustee. Legality ap¬ proved by Townsend, Elliott & Munson, of Philadelphia. Pottstown School District, Pa. Bond Offering—Ralph P. HolloDistrict Secretary, will re¬ way, ceive sealed (DST) bdis until 8 p.m. Aug. 7 for the purchase of $80,000 general obligation im¬ provement bonds. on Upper Moreland ISLAND Mellon National Bank & Trust Co. of Cranston, $82,200 special 1955 July 20—v. 172, p. 1960 to inclusive. 350,CC0 l%s. Due Bond Sept. 1 from on 1961 to 1974 inclusive. 154— 172, — The bonds provement —v. to Ryan, Suther¬ land & Co., of Toledo, as 13/4s, at Sale p. Pa. offered July 20 155—were awarded to 335—were awarded to the Phernx Bank of discount. Trust Co. of Providence, The Providence, high bidder, 0.64%. at Industrial named second of rate a a basis of year. not than three est Bidder in to inter¬ multiple Principal and inter¬ y4 of 1%. a (J-J) est payable at a bank in New York City to be designated by the City of Bristol. A certified cuecK for $32,000, payable to order City Treasurer, is required. Legal opinion of Chapman & Cut¬ ler, of Chicago. In event that of the system sewage sufficient bonds revenues for will the in¬ are the purpose, be payable from un¬ limited ad valorem taxes on all of cxiy s taxable u.e property. Franklin, Tenn. Bond fered Sale—The $395,000 water system worKs bonds revenue July 24—v. 172, on awarded were to of¬ 243— group a p. com¬ Equitable Securities Cumberland Securities Corp., Corp. and W. N. Estes & Co., all Nashville, at a price of par, a of net interest cost of about 2.435%, follows: as $49,000 3s. Due 1952 to Aug. on from 1 1955, inclusive. 167,000 3V4s. Due 1956 to 1966 Aug. 1 from on inclusive. 179,000 2V2s. Due Aug. 1 from on 1967 to 1975 inclusive. KnoxvilLe, < Tenn. Bond Sale—The $400,000 mu¬ airport bonds offered on 25—v. 172 p. 156—were nicipal July to a composed of group & Co., Inc., Paine, Webber, Jackson & Curtis, both of New York, and Webster & Gibson, of Nashville, at a price of 100.0285, interest net a 1.6864%, from Due 1951 to 100,000 1 Vi s. 1954 and Lane about of July on 1 inclusive. 1953 Due July on 1, 1955. 180,000 13/4s. from cost follows: as $120,000 l3/4s. OREGON aooui more rates, expressed of a group composed of Stroud & Co., Philadelphia, Singer, Deane & SOUTH CAROLINA Scribner, R. C. Schmertz & Co. Coun'y Sch. D'st. No. 118 1.723%. Second high bid of 100.62 and Arthurs, Lestrange & Co., all Aiken County School District No. 1 (P. O. Walton), Ore. for 2s was made by Hayden, Miller of Pittsburgh, as 2y4s, at a price (P. O. Aiken), S. C. Bond Sale The $15,000 school & Co., Cleveland. of 100.918, a basis of about 2.122%. Bonds Sold—An issue of $150,bonds offered July 20—v. 172. p. Second high bid of 100.186 for 2V4s 000 school improvement bonds was Stockdale Local Sch. Dist., Ohio 242—were awarded to the First was made by Blair, Rollins & Co., sold on July 25 to the Trust Co. Bond Offering—James P. Koer- National Bank of Eugene, as 3s, at of Georgia, of Atlanta, on a bid Inc. and Associates. per, Clerk of the Board of Educa¬ a price of 100.36, a basis of about reflecting a net interest cost of tion, will receive sealed bids until 2.954%. Greentree (P. O. about 2.195%. noon (EST) on Aug. 4 for the Pittsburgh), Pa. Medford, Ore. purchase of $30,000 not to exceed Bonds Sold—An issue of $40,000 Bond Sale Postponed—Owing to SOUTH DAKOTA 3Y2% interest building bondsa technicality in connection with general obligation bonds was sold Dated July 1, 1950. Denomination Aberdeen, S. Dak. on May 1 to Elmer E. Powell & the notice of sale, the proposed Bond Sale—The $125,000 special $1,000. Due on Sept. 1 from 1951 Co., Pittsburgh, as l%s, at a price award on Aug. 1, of $2,925,000 to 1972 inclusive. assessment street improvement Principal and water system and fire department of 100.355, a basis of about 1.687%. interest (M-S) payable at First bonds offered recently were sold Due from 1951 to 1960 inclusive. bonds—v. 172, p. 243—has been National Bank, Waverly. to the P. A. Bradsbury Construc¬ A cer¬ tified check for $300, payable to postponed. Mahanoy City, Pa. tion Co. of Aberdeen, as 5s, at a Bond Offering—Harry S. Wil¬ order of the Board of Education, Multnomah price of par. County School D's'rict is liams, Borough Secretary, will required. Legality approved No. 28 (P. O. 15112 S. E. Bridgewater, S. Dak. receive sealed bids until 8 p.m. by Bricker, Marburger, Evatt & Stark Stre°t, Portland 16), Bond Offering—F. A. Schroeder, (DST) on Aug. 8 for the pur¬ Barton, of Columbus. Oregon chase of $15,000 general obligation City Auditor, will receive sealed Bond Offering—Sealed bids will bids until 8 p.m. (CST) on Aug. 7 Wauseon, Ohio bonds. be received by the District Clerk for the purchase of $30,000 not to Bond Offering—Will H. Mackie, until 8 p.m. (PST) on Aug. 8 for Mannheim Township Sch. Dist. exceed 3% interest coupon paving Village Clerk, will receive sealed the purchase of $137,000 not to (P. O. Neffsville), Pa. improvement bonds. Dated July 1, bids until noon (EST) on Aug. 11 price of 100.15, a calendar name Phelps, Fenn Sale—The 0.63% im¬ $200,000 eacn awarded I. R. National Farrell, Note beginning on Jan. 1, 1959, at starting at $40 and premium decreasing at tne rate of $2.50 for Township School Secretary will receive sealed bids until 8 p.m.. on Aug. 10 for the Donora School District, Pa. purchase of $300,000 general obli¬ Bond Sale—The issue of $75,000 gation improvement bonds. school bonds offered July 20—v. 172, p. 155—was awarded to the RHODE Sept. 1 from a District (P. O. Willow Grove), Pa. Bond Offering — The District $100,000 school notes offered July 24—v. 172, p. on order posed of the of Dated from District, Pa. of Bertram — Secretary, sealed Pittston School Bond Offering—Thomas J. Hen- (DST) Bethlehem Nagie, & 300,000, payable to order of tne Commonwealth, is required. Le¬ iy2s was made by a group composed of Halsey, Stuart & Co. Bond Bank Pittsburgh, as 2s, at a price of Evan L. Davis, both of Tulsa, at a par. Second high bid of 101.39 for price of 100.855, a net interest cost 2y4s was made by Singer, Deane & of about 1.705%, as follows: Scribner, of Pittsburgh. improvement bonds of¬ fered were fronh Due 172, Bank, Moncure Co., and Harrison & Co., Philadelphia, National $150,000 IV2S. Due the at National nomination inclusive. access July 243—were awarded iy2s, at a price of 100.203, a basis of about 1.473%. Second high bid of 100.14 15 F. will bids until 2 p.m. 27—v. inclusive. able Clerk, O. Aug. 2 for the purchase of $317,OuO separate school improvement sewer All of the bonds of terest clusive. Tulsa, 1, 1950. Principal and interest all County Indep. Sch. Dist. inclusive. 57,000 delphia (P. O. Kingston), Ohla. Bond Offering The Clerk of the 172, on group composed of the Phila¬ 1950. of a.m. a 3 Village Clerk, is required. County Commissioners, will receive sealed . 1970 to i9o3 repair check for 2% of the $600,000 im¬ p. to Mellon Co., Pittsburgh, or at the National City Bank of New York City. A certified check for $1,-. for bonds election an Stark County (P. O. Canton), Ohio Bond Offering—Hilda Schrantz, Clerk ; system the Trust bonds offered Biddle & 1961 to The — Philadelphia National Bank, Loan and Transfer Agent of the Com¬ monwealth, or at holder's option, at Bethlehem, Pa. Sale provement improvement irom 'library The North Bond second interest 25—v. sewer a^d Due provement payable to order of the Board of Education, is required. - Philadelphia, was bidder, naming an Bond Due inclusive. certified check for 2,500, Olmsted, Ohio Offering—E. M. Christ- Co., high ratd of 2%. plant bunas. sanitary extension Dated from disposal from 1953 to 1970 inclusive. Aug. 10 for the purchase 3% auditorium-gymna¬ Denomination Sept. Education, will ex¬ improvement inclusive. Bond Offering—F. M. Ball, Clerk of the Board of and Due from 1953 to 1970 51 Due 1956 to July on 1958 1 inclusive. — exceed for the purchase of $457,000 water works first mortgage revenue Dated 1 6% from 1952 bonds. Dated. July 1, 1950. De¬ Due on July 1 from 1951 to 1976 inclusive. Call¬ nomination $1,000. in able verse terest whole or in in part, in¬ numerical order, on any in¬ payment date on or after interest school July 1, 1950. Due 1964 to bonds. Jan. on inclusive. Principal and interest (J-J) pay¬ able at the County Treasurer's of¬ fice, the the at or State certified in fiscal agency New York City. check for $5,000 of A is re¬ Sale — The $96,000 con¬ the First State Bank, Bridgewater. Schmidt, Poole & Co., of Philadel¬ phia, as l%s, at a price of 100.02, Legality approved by Danforth & a basis of about 1.748%. Stroud & Danforth, of Sioux Falls. Co., only other bidder, offered 100.92 for 2s. quired. Legality approved by July 1, 1961, at a price of 101.50. Mount Pleasant Township (P. O. Winfree, McCulloch, Shuler & Principal and interest payable at Mount Pleasant), Pa. Say re, of Portland. the Peoples State Bank, Wauseon. Bond Sale—The $47,000 general A certified check for $5,000, pay¬ SalenffOre. obligations bonds offered July 24 able to order of the Village, is re¬ Bond Offering—Alfred Mundt, —v. 172, p. 335—were awarded to quired. Legality approved by City Recorder, wfll receive sealed Squire, Sanders & Dempsey, of bids until Aug. 14 for the purchase Fauset, Steele & Co., of Pitts¬ Cleveland. of $1,630,000 not ta exceed 3% in¬ burgh, as 2s, at a price of 100.44. Second high bid of 100.18 for 2s terest bonds, divided as follows: was made by George G. AppleOKLAHOMA $550,000 sewerage ^system bonds. gate ,& Co. 450,000 sewage system bonds. Gotebo, Ohla. Pennsylvania (Commonwealth of) 300,000 water system bonds. Bond Sale-v-The $12,500 im¬ provement —v. 172, p. bonds offered July 25 335—were awarded to the J. E. Piersol Bond Co., of Ok¬ lahoma City. 280.000 (These offered that Lawton, Bond City Okla. Offering—D. Clerk, will L. receive bonds, divided as sewer tension . bonds. and Due follows: 1953 1970 inclusive. to un¬ Charles ceive (DST) of sealed School District, Sale—The $70,000 school bonds offered July 26—v. 172. p. IY4S, at price of Dolphin & about 1.9377%, $100,000 2s. Co., Chi¬ Co., Sioux price of 300,000 All of March 15, March on Due 1956 to the March on until 11 on bonus dated are Aug. 15, 1950. Aug. 15 in Bidder to name a N Due 1966 sin¬ the annual are general obligations Commonwealth as and are to principal and semi¬ interest (F-A) at the Texas City Secretary, will receive (CST) on Aug. 2 for the purchase of $690,ers, sealed bids until 2 p.m: 000 to not water of 1950. and 1950. 4% interest sewer revenue Dated Sept. 1, $1,000. Due Denomination Sept. on exceed works bonds 1 clusive. and from Bonds 1951 due thereafter to 1981 Sept. 1, in¬ 1966 callable are on Sept. 1, 1965, or on any subse¬ quent interest payment date, at par and accrued interest. Prin¬ cipal and interest (M-S) payable at the Mercantile National Dallas. Bank, A certified check for $13,- 800, payable to order of the city, is required. Legality to be ap¬ proved by the Texas Attorney General and by McCall, Parkhurst & Crowe, of Dallas. Dallas, Texas B 0 n d S 1 e—The a bonds offered p. 336— $17,000,000 July 25—v. 172, on awarded to a syndi¬ by the Chase National were cate headed Bank of New York, as 1.70s, at a price of 100.14991, a basis of about 0.90% tion to 1.80%, the of which 1950. with the offered were excep¬ maturities 1965-1966 at a dollar price of 100. TENNESSEE Other a.m. series Dalhart, Bond Offering—Nellie C. Child- 1.6857%. The bonds maturing se¬ rially from 1951 to 1970 inclusive 15 and were reoffered to yield from 1960 inclusive. bonds originally scheduled for July 20— 172, p. 243—was called off. 15. 1955. l%s. from of cost follows: as Sale Postponed—The pro¬ v. been & & Due 1954 and Bond Offering — Albert W. Stone, City Recorder, will receive bids until 2 p.m. (EST) on Aug. 8 for the purchase of $1,600,000 not to exceed 5% interest sealed Dated revenue July $1,000. 1953 to on callable tax bonds. 1, 1950. Denomina¬ Due on Jan. 1 from 1980 inclusive. maturing are and or The bonds after Jan. members of the under¬ writing group include: Smith, Barney & Co.; Goldman, Sachs & Bristol, Tenn. tion of par. Gefke Brownwood, Texas Bond posed sale of $25,000 school bonds, $400,000 has Falls, jointly, at a 100.0687, a net interest The bonds payable as and cago, sewer Bank Towanda. John Nuveen to gle rate of interest, expressed in a multiple of 1/20 or Vs of 1%. National a veterans' Dated 1967. 335—were awarded to the Citizens of sold bonds revenue on $32,500,000 Pa. bids — Aug. 8 for the purchase $65,000,000 not to exceed 4V2% and Athens electric R. bonds. PENNSYLVANIA Watertown, S. Dak. Bond Sale—An issue of re¬ interest Bond system ex¬ improvement from returned were opened.) sealed bids until 7:30 p.m. (CST) on Aug. 1 for the purchase of $2,317,000 $985,000 storm were originally July 24, but all bids at time Offering Barber, State Treasurer, will bonds on , Shelton, Bond drainage system bonds. 50,000 bridge bonds. 1950. Denomination $1,000. Due on struction bonds offered July 21— July 1 from 1952 to 1961 inclusive. v. 172, p. 243—were awarded to Principal and interest payable at Bond TEXAS 1, 195n in inverse numerical Co.; C. J. Devine & Co.; Kidder, Peabody & Co.; A. C. Allyn and Company Incorporated; Central Republic Company; Robert W. Inc.; The Marine Fidel¬ ity Union Trust Company; Chas. E. Weigold & Co. Inc.; The Mil¬ waukee Company; The Illinois Baird & Co. Trust Company of Buffalo; -rinapv Marks & 0f Chicago; Laurence M. Co.; F. S. Smithers & 52 The Commercial and Financial Chronicle (428) Weeks & Stubbs; William Blair & Co.; Schwabacher & Co.; Newhard, Cook & Co.; Paul H. Davis &. Co.; Merrill, Turben & Co.; Maynard H. Murch & Co.; Moore, Whiting, Co.; Lynch; Dempsey-Teg- & X«eonard Wil¬ Co.; Hall & Co.; and liam R. Compton Company. •eler & Grand Prairie President Bond Sale—The issue of Phelps, price a 2V2S. Chapman & Cutler, of Chicago. inclusive. Due 15 Aug. on Due 2s. 1,795,000 Pulaski County (P. O. Bond Sale—The 15 Aug. on ... school house 1, 1950. De¬ nomination $1,000. Due on Sept. 1 from 1951 to 1970 inclusive. McCall, by approved Crowe, of Dallas. & -Co., of Dallas, as 2lA$ and McAllen, Texas improvement bonds of¬ fered on July 24—v. 172, p. 244— were awarded to a syndicate com¬ manent John of posed Kindred & Co., and Dempsey & Co., all of Chicago; ■Commerce Trust Co., Kansas City; JFt. A. Underwood & Co., Dallas, and the Columbian Securities Antonio, price of 100.0135, a net in¬ of at a 2.923%, about of cost terest as 1V2S. Due on June 1968 to 1972 inclusive. 1,780,000 from 5,270,000 1 June 1 1.70s. Due on 1, 1950. Associated with the Har¬ Savings Bank in the of the bonds were following: Northern Trust & Trust ris underwriting follows: Due on Aug. 1 from 4245,000 3s. 1951 from inclusive. 1968 to 325,000 2%s. Due 1969 1' Aug. on 1975 inclusive. to the of Chicago, Chase National Bank, of New York, Continental Co., Illinois National Bank Trust & Co., of Chicago, First National 3s. Due on Aug. 1 from Bank, of New York, Philadelphia 1976 to 1980, inclusive. National Bank, of Philadelphia, Pleasanton Independent School Mercantile-Commerce Bank & District, Texas Trust Co., of St. Louis, First Na¬ ■505,000 Sale—The $100,000 school Bond 172, Bonds offered on July 21—v. 336—were awarded to Dittmar Co., of San Antonio, and JEtauscher, Pierce & Co., of Dallas, p. tional and Associates. WASHINGTON Winthrop, Sale—The Bond Texas District, school •000 issue Sale—The Bond Bank, of Portland, Messrs. & Co., Kean, Taylor & Co., both of New York, First Na¬ tional Bank, of Dallas, City Na¬ tional Bank & Trust Co., of Kan¬ 172, p. on water July 19 244—were awarded to Co., of Tacoma, as 3y2s, price of 100.032, net interest cost of about 2.712%, -a .as Antonio, at a 15 from Due on Aug. to 1960 inclusive. 418,000 2%s. 1951 Due on Aug. 15 from WEST VIRGINIA Mason County (P. O. Point Pleasant), W. Va. Norwich Bond 23/4s. Due on Town Secretary of the County Board of Education, will receive sealed bids until 7:30 p.m. (EST) for 7 Aug. on the. purchase of July 1, 1950. Denomination $1,000. July 1 from 1952 to 1983 on at 102y4 on any year from 1960 to inclusive. Principal and in¬ inclusive; July 1 of 1968 terest callable Aug. 15 from 1966 to 1977 inclusive. All of the bonds are dated Aug. the York the of County is tion, proved Trimble of Board 3% required. Legality ap¬ by Caldwell, Marshall, & Mitchell, of New York City. Denomination $1,000. 1 from 1951 to Due 1970 1, 1950. on Aug. inclusive. Principal and interest (F-A) pay¬ able at the National First Bank thereafter interest. Schoheld, Bristol, BUCKEYE PIPE LINE COMPANY 30 New The this Broad York. Bond Offering—R. L. July 27. bids until 2 p.m. (EST) on Aug. 8 1950. of Directors of this Company has declared a dividend of twenty (20c) per share on the outstanding capital payable September 15. 1950, to share¬ Board for the purchase of day ■cents «4ock. holders .August of i8. record at the close O. BELL, of business to exceed 5% Secretary. $1,600,000 not interest sewer Dated July nomination $1,000. 1, 1950. Due on De¬ Jan. 1 issue bonds of was $60,000 sold on Cie, Grenier, Ruel & July 17 to 3.59%, as follows: 3s. $25,000 ONTARIO Due Sold Debentures 16,000 3Y4s. Due An issue of — 1961 $125,426 improvement debentures was sold on July 3 to the Canadian Bank of Commerce, of Toronto, as 3s on July 1 from on July 1 from 1970 inclusive. 1966 to 3V4s, at on from 1 1965 inclusive. to 19,000 3y2s. Due a price of 100.01. July 1 from 1951 to 1965 and Due July on 1960 inclusive. 1951 to Ont. Swansea, July All of the bonds are dated 1, 1950. inclusive. United States Savings Bonds Issued Redeemed (Dollar amounts In and Through June 30, 1950 millions rounded — and will not necessarily add to totals) Percent tAmount Issued Series tAmount Redeemed tAmount Outstdg. Redeemed ot Amt. Issued A-D: __ _ _ Series Total 97.02 A-D * — _ $2,995 $52 871 1454 65.74 567 D-1940 $3,087 1,325 A-1935 to D-1939 (maturedi 126 441 22.22 Series $4,979 $3,991 $987 80.16 E: 1.605 E-1944 Series E-1946 Series Offering—C. F. Mayland, E-1948 Series E-1949 Series E-1950 - _ Series A-E. 53,67 5,375 4,880 52.41 1.976 2,516 43,93 1,498 2,647 36.13: 1,270 2,985 29.85 919 3,263 21,93 1,764 _ _ 113 1,651 6.41 27,705 34,584 44,43 $67,268 — „ 51.74 6,098 62,289 months) (6 Total Series E Total . -- 5,483 4.182 - — 5,880 4.255 _ E-1947 Series - .. 7,062 4.493 - 30.40 44.19 13,159 E-1945 - _ 1,117 3,944 11,364 : _ 488 4.146 E-1943 Series - 3,123 10,255 E-1942 7.067 E-1941 Series County Sch. Dist. No. 38 Series $31,696 $35,571 47.12 / District will furnish printed bonds and A legal Tallmadge, approving P. Myles certified check for opinion of of Denver. 5% of the to order of the District Treasurer, is required. payable bonds, Series G: and F Series F and G-1941 Series F and Series F and G-1943 Series F and 1,548 G-1944 _ 306 1,242 19.77 3.230 G-1942 751 2.480 23.25 3,405 840 2,565 24,67 3,736 _ 768 2,968 20.55 2,633 17.05 Series F and G-1945 3,173 541 Series F and G-1946__ 3.005 455 2,550 15.14 Series F and G-1947 2,594 317 2,277 12.22 Dis¬ Series F and G-1948 3,037 157 2,880 5.17 sealed bids until 8 p.m. (MST) on Aug. 11 for the purchase of $12,500 not to exceed 3% interest coupon build¬ ing bonds. Dated on or about Sept. 1, 1950. Denominations $1,000 and $500. Due serially from Series F and G-1949 1.671 49 1,622 2.93: Series F and G-1950 905 1 904 .11 $26,304 $4,185 $22,120 15.91 105 167 —62 Washakie No. 3 County School District (P.O. Tensleep), Wyo. Clerk, 1951 to check will receive 1963 inclusive. for A certified $500, payable to Total Unclassified All sales series—Total Total F Series and and months) (6 G _ _ redemptions Grand •Less Ilncludes than _ S500.000. matured bonds 97.02 3.087 _ total *• 2,995 92 90,590 matured unmatured 33,054 57,536 36.49 $93,677 $36,048 $57,629 38.48 order the District Treasurer, is re¬ quired. Legality approved by Tall¬ madge & Tallmadge, of Denver. of bonds. 1950. C. Morrison, City Manager, will receive sealed Street works water as Series trict Va. Sale—An Bond $42,000 WYOMING Bond Mantane, Que. of the Royal Montreal, of Canada, general and the Banque du Canada, both 3V2S, at a price of of Quebec, jointly, at a price of 100.037, a basis of about 3.493%. Due on July 15 from 1951 to 1965 97.40, a net interest cost of about Wis. Sale—The Bond Offering—L. J. Davis, VIRGINIA THE of Series D-1941 WISCONSIN Dodge, of Boston. DIVIDEND NOTICE issue An — Series Vt. interest coupon Sale 3V2% C. Stephen, B. Series Bond Que. Bond Sale—An issue of An issue of Educa¬ District Clerk, will receive sealed Board of bids until 8 p.m. (MST) on Aug. 14 will receive for the purchase of $20,000 build¬ Dated Aug. B. C. — lock & Co., Toronto, and A certified check for City. (DST) on ing bonds. Dated Sept. 1, 1950. Aug. 2 for the purchase of $80,000 Due from 1951 to 1970 inclusive. to exceed of a banking syndi¬ by the Dominion Se¬ Harriman Rip¬ ley & Co., Inc. Cost of the borrow¬ ing to the city, according to report, was an average interest rate of $350,000 improvement debentures sold on July 15 to Bell, Gouin- 2% of the bonds, payable to order sealed bids until 8 p.m. not medium curities Corp. and was payable at the State Treas¬ holder's option, National City Bank, New of Those maturing in 1966 of Boston. Legality approved by are optional on Thorndike, Palmer & Aug. 15, 1965, at par and accrued Storey, 15, 1950. and St. Debenture urer's office, or at at Offering—The Directors the cate headed re¬ inclusive. (P. O. Arapahoe), Wyo. School District, is $129,000 obligation bonds $537,000 improvement debentures was sold on July 18 to St.-Onge, was sold on July 5 to Fairclough Founder, Inc., of Amos, and the & Co., of Toronto, and McMahon Banque Canadienne Nationale, of & Burns, of Vancouver, jointly, as Montreal, jointly, at a price of 4s, at a price of 101.27, a basis of 96.25, a basis of about 4.025%. about 3.863%. Due on July 2 from Dated July 1, 1950 and due on 1951 to 1970 inclusive. July 1 from 1951 to 1965 inclusive. Offering—Robert H. Fer¬ Bond VERMONT school bonds. 1961 to 1965 inclusive. 107,000 Co., bid Malartic, jointly, Fremont School follows: J25,000 2V2S. Houston, & Leary Barrow, the Sold Debentures Bank Shreveport. July 24 was awarded to the Colum¬ bian Securities Corp. of Texas, of San of certified A COLUMBIA BRITISH Series Co., of 5% private placement of the issue with institutional investors through County the at office. York press been made for of Denver. about J-491%. Wouters, of Green Bay. City, Courts & Co., of Atlan¬ offered bonds house for a* a P^e of 100.10, a basis of 3% bonds offered July 20—v. 172, p. 156—were awarded to Gillespie & and of $150,- payable check $35,000 bonds offered revenue —v. Wash. dleman-Pollok School on Prince Ruppert, of 100.109 for 3s ta, Roe & Co., of San Antonio, EdSaba Independent San terest 1966 to 1970 inclusive. Estabrook sas Jointly. the report in the New that arrangements had Due of $15,- construc¬ 1950. , Due Aug. for Dec. 1 from 1951 to 1960 inclusive. Principal and in¬ $1,000. 1 Jan. on $200,000 2y4% school bonds. Dated 1973 to 1985 inclusive. from All of the bonds are dated San of Texas, 1 from on June 1967 inclusive. States debentures bonds. Dated June 1, 1950. Denom. guson, 1956 to United the tion of the municipal subway was CANADA a!?d 2-2°s>„°r a net lnt«e?t c°st °labo"'2-23%, was made by the chas« National Bank of New York, at a price of 100.0379, a net cost of about 1.71489%, follows: as Due 2.10s. from interest Barcus, Corp. 244—were p. Second high bid Trust cago, interest in 000.000 not building 1952 to 1965 inclusive. from 1,100,000 172, p. 244—were awarded syndicate headed by the Har¬ & Savings Bank, Chi¬ a ris sale Aug. on — 25—v. Co., $2,950,000 2s. Due & Nuveen $10,000,000 veton July bonds offered land 3% exceed to Treasurer's Pulaski), Va. (MST) p.m. announce¬ ment in Toronto of the authorized composed 2.84%. o£ Halsey} stuart & CO InC ) Blair> Rollins & Co., Inc., R. S. Dickson QUEBEC & Co., B. J. Van Ingen & Co., Canada (Dominion of) Causapscal, Que. pirst 0f Michigan Corp., all of New To Refinance Bond Issue The York; C. F. Cassell & Co., of Char- government is expected to file a Bond Sale—An issue of $320,000 lottesville; Anderson & Strudwick, registration statement with the water works and fire prevention 0f Richmond; J. C. Bradford & Securities and Exchange Commis¬ bonds was sold on July 17 to Oscar Co., Nashville; Walter, Woody & sion covering an issue of $100,- Dube & Co., of Montreal, at a price Heimerdinger, and the Provident 000,000 bonds to provide for re¬ of 97.01, a net interest cost of Savings Bank & Trust Co., both demption of the same amount ot about 3.791%, as follows: $20,000 0f Cincinnati, at a price of 100.03, a external 4s of Oct. 1, 1960, which 3V4s, due on July 1 from 1951 to net interest cost of about 2.156%, are payable in U. S. funds and 1955 inclusive, and $300,000 3V2S, as follows: subject to call on Oct. 1, 1950, on due on July 1 from 1956 to 1965 inclusive. Bonds are dated July 1, $1>400>000 2y4s. Due on Jan. 1 60 days' advance notice. McLean & (State of) Bond Sale—The erans' to Sale—The $1,075,000 per¬ Bond Texas 7 Expected— Coincident with official 18 for the purchase of $140,000 j Members—Associated with Phelps, Fenn & Co. in the purchase of the bonds were the following: Chemical Bank & Trust Bonds maturing in 1966 and there¬ Co., Glore, Forgan & Co., R. Wafter are callable on or after Sept. Pressprich & Co., White, Weld & I, 1965. Principal and interest Co., all of New York; Alex. Brown payable at the Dallas National & Sons, of Baltimore; Harris, Hall Bank, or at the Grand Prairie & Co., L. F. Rothschild & Co., ■ State Bank. Legality approved Paine, Webber, Jackson & Curtis, < by McCall, Parkhurst & Crowe, of Eastman, Dillon & Co., Hemphill, I Dallas. A certified check for $15,Noyes, Graham, Parsons & Co., •000, payable to order of the Dis¬ F. S. Smithers & Co., all of New trict Treasurer, is required. York; Stroud & Co., of Philadel¬ phia; Rauscher, Pierce & Co., of fjancaster Independent School Dis¬ Dallas; Coffin & Burr, of New trict, Texas York; Schoellkopf, Hutton & PomBonds Sold—An issue of $250,eroy, of Buffalo; Laidlaw & Co., •000 school bonds has been pur¬ Roosevelt & Cross, Ira Haupt & chased by C. N. Burt & Co., of Co., Tripp & Co., Andrews & Dallas, as 2V2s, 2%s and 3s, at a Wells, Inc., R. D. White & Co., all price of par. Dated June 1, 1950. of New York; G. H. Walker & Co., legality approved by Dumas, of St. Louis; Wm. E. Pollock & Co., ffuguenin & Boothman, of Dallas. J. G. White & Co., Inc., both of New York; Fahey, Clark & Co., of Livingston, Texas Cleveland; Thomas & Co., of Pitts¬ Bonds Sold—An issue of $50,000 burgh, and J. M. Dain & Co., of street improvement bonds was Minneapolis. sold to the Central Investment 2%s, at # price of par. Dated July 1, 1950. JLegality approved by Dumas, Huguenin & Boothman, of Dallas. until Ont. Placement Private (P.O. Newcastle), Wyo. Bond Offering — E. L. Rogers, District Clerk, will receive sealed bids Monday, July 31, 1950 . Toronto, County School District 1 awar(je(j to a syndicate i Syndicate Dated Sept. Bonds. No. $2,500,000 school quired. Legality approved by Per¬ offered on shing, Bosworth, Dick & Dawson, 172, 25—v. July ^ Legality by Weston bonds improvement from 1961 to 1970 inclusive. Parkhurst ^egah.ty ^ired- Due on Aug. 15 from 1963 to interest 3y2% terest from 1954 to 1960 inclusive. _ 1, 1959. Principal and in¬ (J-J) payable at the City Jan. Treasurer's office, or at the BankFenn & Co., New York, at; ers Trust Co., New York City. A of 100.0177, a net interest i certified check for $32,000, payabout 2.1228%, as follows: able to order of the City, is re- 850,000 tees, will receive sealed -cced on building, site and equipment bonds offered July 24 were awarded to a syndicate headed by 1951 bids until 41 p.m. (CST) on Aug. 14 for the purchase of $750,000 not to ex- I960, are subject to call beginning $3,500,- 000 $855,000 3s. of Trus¬ Board the of Texas District, Texas Offering—W. C. Harding, from 1954 to 1979 inclusive. * The ! bonds maturing on or after Jan. 1, Independent School Antonio cost of Independent Free District, School Bond San & Co.; Bros. .Stern . . — — tlncludes accrued discount. tCurrent redemption which have not been presented for payment. valuat.