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UNIVERSITY MONDAY ISSUE MICHIGAN OF 4 41951 —jurt juii Th 2 BUSINESS IMW 0^ ana ^ Financial Chronicle Reg. U. 8. Pat. Office Volume 173 Number 5017 New General RAILROAD York, N. Y., Monday, June 4, 1951 Price 90 PUBLIC UTILITY - Abbott Laboratories Special Offering — A special offering of 10,000 shares of common stock (par $5) was on the New York Stock Exchange on May 29. by A. G. Becker & Co., F. S. Moseley & Co. and Shields & Co. at $52.12V2 per share, with a dealer's commission of 80 cents per share. The offering was quickly oversub¬ INDUSTRIAL - INSURANCE - —A 173, 2085. p. - ' In This Issue being offered at 100 and interest These each debentures $100 principal 1955,. after which payment upon will of be convertible without amount they will be prior to June 1, 1961 at four premium convertible a of $2.50 on before or New sales Net inc. inc. Fed. Federal taxes inc. its exc. Stock York Stock 1, Los Angeles San Montreal 8,486,683 Stock Stock Toronto Stock (est.) Toronto 4,850,000 2,410,000 5,940,000 3,233,589 $3,754,579 $3,757,826 $5,470,636 $5,253,094 32,227 Dr38,454 35,610 Dr69,126 profit———— $3,786,806 $3,719,372 $5,506,216 $5,183,968 Earnings per share—— $5.02 $7.30 $6.87 Net —V. 173, p. 473.- $4.93 >. ' • Canton & Gross 1951 from Net ry. railway railway from Net 1950 * 1949 Net —V. $381,982' $412,262 $417,131 118,776' 122,588 68,934 64,258 General State The 1,829,042 1,517,566 1,693,738 1,533,746 583,449 455,327 467,189 750,980 272,176 243,299 220,779 ' ■■ 1951 1950 frcril railway.— $1,689,692 from railway—— 385 834 ry. oper. income—166,166 Net v..-; from Net Net ry. —V. 194S $1,385,239 314,704 5,361,671 5,404,501 City 1 303,602 1,136,914 603,429 528,566 1,413,454 730,077 1,253.771 income— 526,126 ; : $20,376,027 $18,394,764 taxes—— taxes 563,228 283,147 $201,162 $213,361 per V. 173, — outstanding. fAfter preferred dividend requirements.— Allied Products Corp.—Record Year IndicatedRalph of as Hubbait A President, on May 23 reported that unfilled orders totaled approximately $8,500,000 which would indicate barring changes in the economic picture. number of defense orders are being processed, requiring May record a 11 year, large full capacity operations with substantial overtime. corporation's newly acquired subsidiary, Michigan Powdered Metal Products Co., Inc., is operating at capacity and steps to meet a sharply accelerated demand for its products are being taken. —V. 172, p. 1825. The The it was announced on May 29 negotiating through Lehman Brothers, has sold $15,000,000 3V2% notes, due May 1, 1971, to the New York Life Insurance Co. and another institutional investor. The its proceeds will expanded be volume used of for additional working capital, needed 173, p. 1577. T business.—V. for directors with United Approval along with Federal on May Co., Inc.—Merger Approved— approved 28 the plan to merge the company Paramount Theatres, Inc. of the plan by United Paramount directors also is required, of the stockholders of both companies and of the consent Communications Commission. See also V. 173, p. American Can This The company Pa., will build was a announced new on metal May container 30 by W, plant C. Harris- President: factory will serve fruit and vegetable canners in eastern and Pennsylvania and the Appalachian areas of Maryland, Virginia West Net Virginia. This announcement was made following the com- is Gas p. dedicated 24 the & the 857. the tenth American major Electric, System, The war. Gas & plant generating it's the and unit generating 173, at third Tanners 2181. p. Supply Corp. FOR THE —_— QUARTER — (& Subs.)—Earnings MARCH ENDED —, 31, 1951 $9,703,292 _ earnings after Federal .income 45 ... Number Statement of Member Banks shares outstanding of Reserve System Earnings 45 E direct the in However, those of the for the tax Foster "the first accruals G. of acquired period possible Inc. is Baxter, Don and —V. p. forma pro sales net of Federal that" during the period financial transaction of which of additional common stock shares shares offered were to em¬ our plan, I am happy to report the employee offer by 42 V2 'k payment oversubscribed, were the shown commented major 25,000 instalment have earnings 150,000 public an offerings constituted, would of $365,000 after at the rates then in effect. President, the then as 1950 net $230,000 whereby the to under of and completed that both 173, 1950 same 1950 $0.73 • whose accounts were not consolidated combining the accounts of these com¬ by quarter McGaw, aware, sold were ployees the with August, company $6,100,000 company are 614,394 — Manufacturing Co., approximately you comparison thereto. income 446,875 — _ corporation J & taxes— __ share- per with This American Dairy Products Corp.—Stocks Offered—Bar¬ rett Herrick & Co., Inc., May 22 publicly offered 300,000 shares of 35-cent cumulative preferred stock (par $4.85) and 390,000 shares of common stock (par 10 cents) on in unitsi' of one of common 1269. share of preferred and 1 3/10ths shares National The will be The set earlier. will be York forth in has agreed, subject to certain terms and conditions purchase agreement, to purchase 25,000 units, now the and has 275,000 option to purchase from the corporation the offered. Such option is exercisable during a 10-month period next following May 21, 1951, and is subject to extension by mutual consent. an additional The two of present par value the units deposited with a July to The upon 35,000 at a of All shares per share the City purchase, underwriter stock, common agreed underwriter, 15, 1952. the of in may the Herrick purchase be sold, to sale, transfer or and York, as deposit a & Co., release said of for public a a or has that its on each to 173, p. 28 issued request 1951, trustee, Co., out sinking 4V2 "h 15-year Payment Broadway, 100 657. order an until giving interested persons the stock common financing this company. par common about or lo reported, shares corporate American stock June 12, then 1951, held. funds investments for and -in offer subscription on the Proceeds used to proposes for common by basis of the corporate stocks of that purpose.—V. of one new financing purposes, p. will and 2181. St. Louis Listed and Unlisted Securities be Edward D. Jones & Co. Established said unless amendment to 300 North 4th 1871 St., St. Louis 2, Missouri Members Phone 1 New York Stock Exchange Midwest Stock Exchange Chicago Board of Trade New York Curb Exchange (Associate) of share be including subsidiaries 173, shares 334,935 stockholders to said of fund a covenanted from Redemption 1, and accrued interest. Trust hearing upon a July on Co.—Hearing June 8— replace treasury funds used for which of of $53,000 York New agreement none released no additional the will offering thereof post-effective of to redemption 1959, at 100%% the May on 1951, previously added depositary, depositary Inc., agreement transferred for the purpose of making at fund, 15, N. Y,—V. SEC 8, As out¬ proportion shares 168,000 New pursuant corporation Barrett in sinking for the the and to sell corporation's the of to purchase price of 10c, purchased foregoing Bank made proposal ' purchased such be will the to unissued corporation have shares National their its sell to agreed of of all Such corporation depositary prior stock, purchased. the so also shares maximum thereof. with the has 133.000 stockholders of the standing common shares units corporation maximum The June record underwriter offered, of New York, n. Y., as depositary, and 15, 1952, unless the deposit agreement is April the debentures due July 1, New City Bank untii held so in called American Natural Gas The units, transferable only as units until termination of the deposit agreement, will be represented by the preferred stock cer¬ tificates, to be issued directly to the purchasers of such units, con¬ taining a legend reciting that the shares of common stock included in such units have been-deposited in trust under a deposit agreement with has company moneys stock at $5 per unit. expires near Stolk, value of the preferred American Machine & Metals, Inc.—Partial new central and it Co.—Buys Site for Plant— par . factory will contain 350,000 square feet of floor space and designed to allow for expansion of production areas at a future immediately 2181. of date, Mr. Stolk explained.—V. 173, p. 1789. between burg, Net sales Statement of Federal new underwriter American Broadcasting The plant program.—V, EARNINGS year. be the shares 12 plant new a 10c 110,000 173, share.—V. per built since 45 will have a capacity for more than 400,000,000 food The start of construction, Mr. Stolk explained, will depend upon the availability of structural steel and other building supplies, the use of which is now controlled by government regulations. cans the of one figures terminated Allied Stores Corp.—Loan Arranged—This corporation, plant American Hospital of a 48-acre tract of land in Lemoyne Borough and Township just across the Susquehanna River from ; *".* v..'-i v.• ?;.'••••. Allen amendment Tanners Creek plant in Southern 150,000 kilowatt generating unit now operating kilowatt unit to be completed in June, 1952. a Creek construction new pany's purchase $0.49 share common the company. 961. p. Condition 20c of stock of par preferred Electric Co.—Dedicates Plant— American ...__44 _ value of value par the of eight generating units of similar design and efficiency rating in the System's accelerated expansion program. A total of 1,400,000 kilowatts, of capacity will be completed in its $290,000,000 52 ... is the of stock cumulative such By $4.85 150,000 the 011 panies will ♦Revised by Creek 355,181 $0.46 — 496,508 362,066 355,181 ; — shares tEarnings Offerings has Tanners generating prior The ————... income income income Net another The *75,731 "May 5,'50 increased to NOTE'—No Lower sales Common \ ■ because Harrisburg. before Philip „.. May 4,'51 35c 20c) then outstanding were changed into 220,000 stock (par 10c), By amendment to the certificate common was and ' • Bond stock common common (par American Gas & and •' • • Aldens, Inc.—Earnings— Profit 34 5,368,435 ; share. per stock of shares of 300,000 shares of incorporation, effective April 6, 1951, the stock 361.311 162,853 14 Weeks Ended— Net 800,000 34 .33 Course of Bank Clearings.i Federal $1,476,032 173, p. 2085. Federal of 43 Corporation & Investment News.Cover and Condition , 164,583 6.322,130 oper. value of $4 shares . $1,355,266 359,593 . railway—. railway.—... from and common 42 Markets Reserve Banks 1949 From Jan. 1— Gross Section Dividends Declared and Payable Foreign Exchange Rates..,. Alabama Great Southern RR.—Earnings— April— Net to share par 40 share per . Combined Gross per Redemption Calls and Sinking Fund Notices_45 371,321 1789. p. thereof. which 141,250 59,223 61,092 from 173, 28,800 shares ar? reserved for issuance upon option held by Dairy Dream Farms, Inc.," to pur¬ or before April 1, 1952, at 10c per share, the par on changed from 500,000 shares of Miscellaneous Features 133,039 railway from railway— ry. oper. income.— Net I..37 __.3_ and an Sporn, President, on May System's new $ 3,500,000 1J43 From Jar. 1— Gross of shares Indiana b 300,000 shs. * 743,000 shs. NOTE—By amendment to the certificate of incorporation, effective Feb. 20, 1951, the number of shares of stock of the corporation was erected $457,474 income— oper. thereof, such value of Stock /Prices... ' -i' ' i ' ; ""Outstanding 300,000 shs.*800,000 shs. _ Electric Index Youngstown RR.—Earnings- April— 10c)_. SEC | • that of FINANCING Atuhoiized Dow, Jones Stock and Bond Averages...., 33 National Quotation Industrial Stock Averages_33 . Akron value exercise chase ^____38 _—L 39 Stock Exchange—Curb PRESENT 28,200- shares of common stock are reserved for the exercise of an option held by Robert A. Maheu to shares on or before Feb. 23, 1952, at 10c per share, the such 37 Transactions New York Stock Exchange Transactions New York Curb Exchange , — acquire the plant of off certain creditors of assumed by American amount, upon the - __37 • this par .35 _ Exchange Exchange Exchange Over-the-Counter Net profit from oper._ exchange +Of issuance .36 Market (par value ... Unrealized profit on for- eign _ Exchange. Curb TO ' stock purchase __34 , Stock Exchange. Francisco Montreal EFFECT pfd.;stock (par value $4.85)— 34 .34 Philadelphia-Baltimore Stock Pittsburgh Stock Exchange. 1951—12 Mos.—1950 prof- were Herrick Midwest Stock Exchange $33,325,842 $54,076,282 $43,950,964 11,410,636 to pay "Assuming, that all of the 300,000 units now offered and all of the 133,000 shares of common stocks agreed to be purchased by Barrett & Co;, Inc. (see above), are purchased by it. ____25 Stock Exchange. Exchange.. GIVING Common .113 (Stocks).; Exchange (Bonds) Exchange.—2... Exchange Detroit Stock an 6,167,826 to Products Corp. upon the acquisition of the assets to repay bank- loans and for working capital. . Curb Cincinnati . 8,604,579 . „ and taxes * York Boston per 1951—9 Mos.—1950 (shipments), $43,065,866 before Stock Exchange New Addressograph-Multigraph Corp. (Incl. Canadian Sub.) Period End. April 30— Net York New for June Wis., Inc., whose claims 35c cum. ■ , are shares common Farms, CAPITALIZATION Stock and Bond Quotations .jJ-VPag* • 1961, and yield 4.25%. :» , Dream covering such offering. used company, or before June 1, 1958 share, and thereafter and premium of $5.00 per share.—V. 172, p. 2377. premium a to into Dairy Dairy to be are Liqua-Dry Milk Co. at Mauston, is being offered by a syndicate headed by Wood, Gundy !' The debentures mature June 1, & Co. Ltd. have been filed PROCEEDS—The net proceeds Power & Paper Co., Ltd.—Debentures Offered issue of $10,000,000 4*/*% convertible debentures new MISCELLANEOUS - the registration statement, shall — Abitibi Copy a Corporation and Investment News made scribed and the books closed.—V. Cents CEntral 7600 Bell Teletype. SL 593 to 2 The Commercial and Financial Chronicle (2286) Strickland, Vice-President of American Suppliers, Inc., the company's leaf buying subsidiary, has been elected President of that unit to succeed James E. Lipscomb, Jr., who died on May 15.—1-V. 173, P. Offerings—A second¬ Corp.—Secondary Steel Armco i offering of 12,000 shares of common stock (par $10) was made on May 31 by Smith, Barney & Co. and W. E. Hutton & Co. at $41.25 per share, with a dealer's conces¬ sion of 65 cents per share. This followed another sec¬ ary ondary offering of 20,000 shares made on May 22 by the bankers at $41.37 V2 per share, with a concession of same 65 offerings Both cents. books closed.- ' oversubscribed and were "■';' ■ the • that as a result outstanding shares has been reduced to approximately 29,000 shares. This, he said, compares with approx¬ imately 122,000 shares outstanding April 30, the date it was announced that the preferred stock would be called for redemption June 14 when 4 Mi % effected conversions cumulative conversion the President, Sebald, W. W. of privilege number the date, announced 25 May on to preferred convertible expire.—V. will first The 2086. p. granular ntw production since this Plant Starts the magnesia start week of the of plant to at month The quantity equipped with representing it a world's refractories. has previously the corporation which A shipped magnesite open-pit brucitc ore to and Gab'os Ohio plants. at mines its media separation the enly known heavy ore, claims under plant is being installed to beneficiate commercial deposit of which underlies, to the company at Gabbs. Basic Refractories also lease plans to set up flotation equipment to beneficiate its magnesite ores, both steps being designed to effect higher ore recoveries. The com¬ estimates that the flotation plant will be the largest operating pany in United the States minerals.—V. non-mttallic on 173, with the SEC covering 1,000 shares preferred stock (par $50) and 1,000 shares of class A common stock (no par) to be offered at $50 and $25 per share, respectively, through Gruntal & Co., New York, for the account of Frederick Machlin, Vice-Presi¬ dent company and director of the company.—V. a 173, p. 473. stockholders The finance the Worth, May approved 28 plant by the loan secured $2,500,000 a built being company to Fort near this of ena the of $3,000,000 plant Is expected to completed by be the of relative Ashland of notification with the SEC covering 1,000 shares of common stock (par $1) to be offered at the market (approximately $35 per share), without underwriting. The proceeds are to be added to working capital.—V. 173, p. 1986. May on filed 21 letter a Contract Plant Oil & Refining Co.—Files With SEC— (Ky.) company and the for Contract of manufacturing plant of litigant, corporation has been awarded jointly to Wigton-Abbott Corp., engineers Texas, and Construction . (An) Association of Franciscan Fathers of the State of Illinois, Chicago, 111.—Bonds Offered—B. C. Ziegler, to¬ 5) plans to publicly offer $1,500,000 of serial bonds, dated March 1, 1951, and due semi-annually from Dec. 1, 1951 to and including Dec. 1, 1965, at prices to yield 2%% to 3.65%, according to maturity. The bonds bear interest at the rate of 23/4%, 3%, 31/8%, 31/4%, 3%% and 3%%. (June morrow first mortgage Atchison, Topeka & Santa Fe Ry.—Earnings— Period End. April 30— I ; —v. 173, $ $ 183,059.640 income structures 3,984,435 3,347,629 20,439,899 1886. for 1950 income 1949 ; $2,520,974 161,402 taxes___— 116,000 filed issued at Fort new City, and paid— share— per 173, 74,500 The engineers for Atlanta & St. Andrews Bay Net Gross (one proceeds (par 25 cents) and ry. $0.67 1950 cent per to are share) be used 1948 $300,959 $257,237 $135,730 $200 U1G railway— 167,429 130,445 36,966 95,355 49,940 53,932 11,677 39,239 income—. From Jan. 1— Gross from Net the of Net ry. —V. railway— to 173, 183,029 261,987 $1,368,001 ry. railway—.. 6,797,165 1,415,025 income—. 1,146,218 173, 1474. p. Blue Ridge Corp. The this stockholders corporation . organized Corp. end all its of purpose the the new 92,204 146,987 certain contingent various purposes 188,312 1473. by almost 54,000 shares which gives an The new new 5,982,363 States holders of common trustees the 559,902 \ y Central the The new will company his option to were additional subscription privilege specified in the warrants, necessitating an allotment. proceeds of expenses of not V. 173, in will the new Blue of field has Dodge, Iowa, with announced the which is purchase Horn the of one further of expansion nation's material of New Idea In the next permits. Farm few Horn months, products Equipment to the will be extent farm Co., Fort producers of leading loader attachments and also produces stalk wagon boxes. The Horn company is to be operated as subsidiary of Avco. It is planned to expand facilities in the in Manufacturing shredders a wholly-owned at Fort that distributed and Dodge availability through the Co. February, 1951, Avco was assigned the former Chance Vought plant at Stratford Conn., for the production of aircraft engines for the Air Force. This 1,500,000 square foot facility is being operated as the Bridgeport-Lycoming Division, and in addition to production of Wright R-1P20 radial engines, it will turn out components for jet engines. Production under these contracts' is expected to commence early next year.—V. 173, p, 1058; V. 172, p. 2217. Building, Inc., San Francisco, Calif. —Sale of sale for a total of 7,384 shares had voted in of the company's was were opposed Period End. April 30— 1951—Month—1950 $ oper. Railway Net Net —V. revenue- oper. rev. Net ry. expenses- from ry. oper. new 36,850,490 30,592,390 $ $ 32,794,842 142,033,118 25,937,113 118,485,115 $ 113,509 737 94.394,094 oper.. 6,258,100 6,857,729 23.548,003 income..__ 19,115,643 2,805,104 3,487,910 10,746.217 8.802,155 1,082,131 1,609,573 3,616,788 1,410,285 Income 173, p. 2086. form single a new and continued corporate stock, under present proposals, thereafter distributed by Blue Ridge to of to the assets to be transferred entirely conjectural, with or the respect to to the Realization recoveries made either in stock of Central States will any common stockholders of Realization corporation, who stockholders of Blue Ridge.—V. 173, p. 1370. the con¬ , 1951—Month—1950 $7,213,893 ''1951—4 Mos.—1950 $6,528,715 $28,963,364 $26,017,624 5,368,487 24,087.234 21,772,757 6,058,724 1,971,793 (Dr)__ 345.389 478,957 298,412 2,421,623 rents 1,379 168 1,265,215 rents (Dr)__ 34,377 32,093 130,753 125,244 income $242,567 $350,786 $944,581 oper. 84,955 07,816 257,906 $382,610 510,354 $327,52.2 $418,532 $1,202,437 $1,192,974 310,669 277,790 1,123,980 1,096,680 $16,853 $140,792 $78,507 $96,254 182,68? 186,314 732,184 746,743 ♦$165,830 income ♦$46,522 ♦$653,677 ♦$650,452 .. deductions after Contingent Net (rtls., —r— have outstanding will It be holder any issued for cash for only class one "open-end" an its of such of case the to stock. of en¬ for initial period an per 1951 21, 1951. effective by the share. per declared was to to Prior On merger, it is realization corporation Ridge common stock. stock a cash, at Was had equivalent March 31, therefore the of Blue Ridge shares of such stock company. the common cents new merger, on 1951, dividend a close intended certain share one stock common income 825,111 -180,368 .___ taxes 382,000 $443,111 -$180,368 outstanding shares 1,000.000 1,000,000 $0.44 Nil share per ... ^ Brewing Corp. of America—Offer Extended— Canadian See Breweries, Ltd. below.—V. 173, 1936. p. Bridgeport Brass Co.—To Call Preferred Stock— The will company 5 J/a% cumulative fund, which shortly call for preferred stock requires 10% redemption 2,450 $107.50 per share income at net of for 1950 shares for its of sinking the after preferred dividends. The has already acquired 1,179 shares for sinking fund the shares called, will mean a total of 3,629 through the sinking fund on June 30, 1951. ' This reduce preferred stock outstanding to 8,263 shares compared 11,892 shares outstanding on Dec. 31, 1950.-r-V. 173, p. 1370.. company which, purposes shares will with to Brillo There with retired be Manufacturing Co.—Partial Redemption—.' have been shares of class dends of 50 15, at The drawn cents June V. 173, A stock New for (no redemption par) share. per York at $30 Trust on July 2, next, 3,000 share, plus accrued divi¬ per Payment will Co., made be York, New and on Y. N. 2087. p. after See also 'V:',//: Broadway Department Store, Inc.—Name Changed— It its announced was on May 24 that this corporation has changed Broadway-Hale Stoves. Inc., the common stock (par $10) to name being listed Hale —V. the on Bros. 173, San Stores, Francisco Inc., Stock Exchange. subsidiary, a /; 1886. p. ■ . . dissolved was. in April, last. ///'/; ... Broadway-Hale Stores, Inc.—New Name—Listing— See Broadway Department Store, Inc. above. cents May on that Blue Ridge contingent assets cents per March on would have 31, received, Profit and of adjusted each corporation, of merger interests the merger, which 1951, 18, asset value after giving effect to of Blue the dividend 1951, and also after deducting the cash to be transferred described above. On this basis, at as and 10 shares of Blue 3.84 shares of the Ridge stock common common stock of the the in the may new be of stock the will company combined to new company issue form scrip full 1949 $1,725,156 shares Sl.F45.055 $1,307,243 515,950 500,500 496,100 $3.22 $2,95 $2.49 outstanding common share preferred dividend requirements.—V. 173, 1986. p. —The company, it was announced on May 31, has placed privately through term & Co., $1,000,000 of 4J/2% 1961, $750,000 of 4V2% serial sub¬ debentures "A," and $500,000 of convertible debentures ordinated Reynolds of prior preferred stock.—V. 173, to the shares stockholders of and occur the in June new security or July, company holders of to Central Stock sold to new investors presentation to the new will be company redeemable 2182. p. States, its Fund, Ltd.—Total Assets Increased— Apr. 30,'51 173, per p. $23.62 share 1170. by 1 Burd the Piston Ring Co.—Stock to Be Suspended from Dealings—Merger Effective May 31— Due asset without the initial defer¬ $9,944,381 $24.12 assets Jan. 31,'51 $11,647,680 — net assets Net —V. received at As of Total 1951. be Bullock distrib¬ company will continuously offer its common stock for sale to new investors at its asset value at the time of sale plus underwriting coin- upon -After certificates certificates. new missions. 1950 stock of the common the Agreement of Merger provides that it will become effective upon Ridge taxes income ■"Earnings per 10 payable May 31, holder income Budget Finance Plan, Inc.—Securities Placed Privately May on $3.84 per share, form addition Net Common . the 1951 $51,269,826 $41,725,723 $40,499,229 4,365,156 2,580,055 2,177,249 2,640,000 1,035,000 870,000 Provision for income taxes before on 1951, 'each for 30— L sales will share this On Six Months Ended April Net (& Subs.)—Earnings— • fractional on 22 Shoe Co., Inc. Brown payable May business share. by him, 3.82 shares filing, which, it is expected, will value for 1950 $4,433,355 :.v . taxes___ the securi¬ of stock, of four per consummated been held share, the 1951, receive bearer Blue such 1951 $6,043,424 income ♦I<pss.—V. 172, p. 2478.'''• y'V■/' such shares. will be com¬ for company,, In of company new approximately reorganization expenses realization 18, The Inc.—Earnings- income Capital situation the The adjusted asset value of such com¬ after giving effect to all these adjust¬ 1951, business was per estimated to • of close Ridge the the exchange the approximately $3.82 merger holder would in 11, at the to to to discount in the market. a of by the May record of in Blue May 2086. revenues Earnings shares their of contrast the Blue Ridge common on stockholders the 22 date company received transfer new 173, p. immediately before the effective purpose $300,000 basis, value asset in approximately each $10 of asset value of securities $4.10 share 31, ments, net the initial issuance of common stock on ■___ Three Months Ended March 31— Operating com¬ be company new For will closed-end investment companies, most charges income Braniff Airways, common investment stock common stock brokerage, the on received such was mon the realize chgs. date of the On March 31, 1951, the asset value of the Blue Ridge common merger. stock to fixed ''Deficit.—V. open- among certain senior security trustees' holdings of Blue Ridge The without company asset value in 1951—4 Mos.—1950 the and puted utable Co.—Earnings— to Ridge, whose shares sell in general at The For Baltimore & Ohio RR. Railway a Such and share, income Total reorganization of Central States Elec¬ surrender enabled be ties the favor property to Levi Straus Realty Co. The time extended to and including 10 a. m. on June 1, 1951. to the plan 4,660 shares, leaving 2,117 shares voting.—V. 172, p. 2217. voting There not the of 23, May Latter distribution debt. company of Favored— As the At Balfour (Del.) all the assets of Blue Ridge, except and all the assets of Central States, except and certain cash amounts required for presently intended that will be hydraulic appreciably Ridge for expenses— ry, Gross By virtue of the open-ending of the new company Blue Ridge stock¬ holders It is Manufacturing Corp.—Acquisition— Inc. than as also proposal to merge a eight months, however, redemptions will be deferred to 60 days as to all stock issued in connection with the merger, more which exists in See company. on approving Mutual Fund, redemption at the then asset value of the of for up 1986,. corporation funded no the of program and approximately $2,200,000 which, will be used in connection with issue, the States. at The as stock approximately $300,000 in organization 532,836 Net (consisting of 4,900,788 shares, or approximately 66.03% 7,422,483 Blue Ridge shares outstanding) will be cancelled. titled equipment value is now Profit before . stock of that Avco Blue share revenues fac. Other 523,672 873,117 ' f< i ■ ■ Ridge for means p. to the present Net 4,937,325 888.199 " the Central States reorganization. In exchange, will issue its common stock, on the basis of relative public stocknolders of Blue Ridge, and to the which construction of expenses and suit pend¬ which Blue in be Operating 595.652 the to pany, current Kings County, now •124,377 cf company values, stock the and Boston & Maine RR.—Earnings— acquire assets subscribed for pursuant to shares received by Blue Ridge; Period End. Apr. 30— to assets, primary subscription under subscription warrants issued by the company, 3,083 shares were subscribed for by employees, and 68,050 shares were subscribed for pur¬ of interest, of stockholders' Blue Ridge Mutual Fund, Inc.—Consolidation— Blue Ridge Corp. above. own will company contingent Central oversubscription the company for the all persons See will be Blue Ridge Mutual Fund, Inc. company 202,298 income... deduction Court of derivative a ' proposed merger is company certain City Electric Co.—Offering Oversubscribed— According to B. L. England, President, the recent offer¬ ing of 117,200 shares of common stock was oversubscribed The case, the holders of Blue Ridge common Agreement of Merger provides that such segregation of effected prior to the effective date of such agreement. The will stitute " ♦350,229 » Blue trustees 760,872 Atlantic after the dividend, distributed be replace both Blue Ridge and Central the controlling stock interest in Blue Ridge. The proposal is made pursuant to the terms of a courtapproved plan cf reorganization for Central States. The name of whose 355,228 the assignment an Marco outstanding stock. issued be a (Va.) 682,932 to Realiza¬ the of the lawsuits (Del.)—Proposed Merger— / to effectuate investment States, asset suant Ridge nominally made a defendant, Is participating assignment of the 806,248 shares of common defray corporation $1,768,153 555,978 T will vote June 20 into 243,915 99,922 to 1945 83G.027 234,616 . . 970,265 46%. transferred litigation. stitute as SEC purchase equip¬ $2,440,290 3,907,821 railway—. oper. ♦Deficit.—-V, the of be ' • 481,901 p. to Realization corporation and the expense of continuing It is presently anticipating that in exchange for such assets Ridge Realization Corp. will issue 7,422,483 shares of its com¬ mon stock having a par value of one cent per share, which will con¬ Berry 1949 919,505 1,178,374 oper. segrega¬ manage¬ Walter to to 1950 468,276 railway.—638 191 from the determination an States- owned interest, etc.) income... from from Net The 1949 railway oper. York; although Central Equipment to be offered 149,200 shares $2,439,476 oper. Net Ry.—Earnings— 1951 from Net New Taxes •>!■/„;. ' Lake Erie RR.—Earnings— . was April— from of the so-called Ridge, Operating of notification with letter railway..... railway.. tric Gross intended behalf of Blue Ridge against third party plaintiff; International Worth consulting are 1951 from 37,250 $1.21 ————— 857. p. ready more now the New York Supreme working capital. from ry. $100,402 dividends Earnings —V. for Ridge in order to permit a air- an /■■■' c//' :1"' //./■.' a par April— 61,000 $180,744 income Cash S. the action brought by Blue Ridge against Harrison pending in the U. S. District Court for the an and ing in Inc. Net 296,744 taxes..:.— Federal in on Provision 'Net assets District Ridge brought 80x250 feet. portion of a 55-acre northeast the . May 22 rendered. for and Gross $2,846,309 Provision the on near From Jan. 1— Years Ended Dec. 31— income be to services Net before 183, without underwriting, Bessemer & Athey Products Corp.—Earnings- Profit located be Route on share, per stock ment 15,959,664 --'/h.;-"':: • The al. Southern Wigton-Abbott, designers of the a modern-style one-story manu¬ for .... company U. pending, by order now provides Blue and the which assets consist of et include Associates, of New York project.—V. 173, p. 1986. The of plan of directors by before of such assets, Blue Ridge has caused Ridge Delaware corporation, to be organized to hold and for the account of the present Elue Ridge a such Williams, of are reorganization assets" the Berry Metal Co., Seattle, Wash.—Files With SEC— 18,011,401 18,777,629 3,722,394 p. will on under and asset Corp., upon tion Corp. Blue plan of "contingent the by Virginia, the stockholders. Joint 144,450.520 4,345,207 . Tellepsen of $ 36,352,666 ' income oper. $5 46,539,353 ry. will Todd for 1951—4 Mos.—1950 1951—Month—1950 Gross Net operation fronting Airport. the the to assembly building measuring 320x500 feet two-story administration building measuring tract ment Net spokesman a and and conditioned Both at $1 • to the J., N. District company Texas. covering 298,508 shares of preference stock 1537. p. plant, Plainfield, Houston, According new Louis, Mo., and will be secured by property value at $6,214,000.— V. 161, of Inc., facturing guaranteed by the Franciscan Province, They will be unconditionally St. of contractors Co., engineering Worth, Fort near Eastern advisory services. approved new the segregation effect realize While $3,000,000 helicopter a this for investment been the of lawsuits Realization Awarded— construction for has values of Blue Ridge and Central States in con¬ proposed merger. Such contingent assets consist prin¬ against other in which Blue Ridge is a party together with the common stock of Central States. In order with assets The the distribution cipally stock. year. and Merger directors States so-called of fairer a will Texas, Construction the 011 helicopter Approved— of the for Central The tion such Bell Aircraft Corp.—Loan 21 stock new by Court existence filed a letter of notification of 4%% cumulative convertible May on Monday, June 4, 1951 . reorganization proceedings of Central States made April 23, 1951. cash 2036. p. Armstrong Rubber Co., West Haven, Conn.—Files— The of the Agreement Ridge, District to operated 1942, utilizing the same deposits, the company through its sub¬ sidiary, Basic Magnesium, Inc., erected a plant to produce caustic magnesite for the magnesium plant which it built and operated for the government near Hoover Dam. brucite Blue nection total investment, of $2,250,009, is largest single rotary kiln for. "dead- plant, magnesia burning" from company Gabbs. new The new a The into come began emergency, . ment in redemption described above. Arrangements have been made through Reynolds & Co., investment bankers in New York, for the dis¬ tribution refractories national product, Basic Magnesite, it was announced on June 3 by H. P. Eclls, Jr., President, The new plant, located at Gabbs, Nevada, on the site of one of the two largest deposits of magncsite in the United States," is expected to sat' ,fy the current pinch in refractories, now being experienced by steel com¬ panies producing at record ^vois under tne Impact of defense orders. Two new magnesite mines arc being opened by the company this of stock 173, Nevada In ■ Majority of Preferred Stock Con verted— of Inc.—New Quantity Output of New Product— production 2086. p. Refractories, Basic Unit— American Tobacco Co.—New President of James . of to notice the fact that that the upon receipt by agreement of the merger, New York providing Curb for Exchange the merger Volume 173 Number 5017 of with . . The Commercial and Financial Chronicle . company the -required Stock as Under be terms Shares of Gabriel the been filed with Central RR. Co. of New become elfective, the common dealings on that Exchange. May 31, 1951. Burd will be of April— Gross Co. merger converted and 173, 1474. p. ''' from Net each share of - Burd exchangeable for, 1% be ry. Gross Net Burgess-Manning Co.—Produces New Radiant Ceiling , The , ... celling, Panels, Multi Vent and the year 1950 853, or $4.54 per share, Was.paid,." ' •, sales Net v dividends for 1949 were Acousti were total a Net of $50,382, or $2 per income... oper. 13,506,136 902,057 818,239 1.098,765 *1,730,355 *1,877,785 *2,037,153 that all railway... railway dollars in Gross Net share, from railwayrailway..— from income.. oper. 1950 399,456 $1,611,312 571,113 548,999 760,397 751,305 ■ 173, .. 6,037,733 5.658,150 5,855,473 1.854,862 2,053,164 2,143,290 2,808,218 173, 2,814,335 The company .is withdrawing on mon May 21 covering stock, ditions $10. par of the and been as registration a statement filed with proposed offering of 100,000 shares of a S. market. construction named E. Dulin, The Net Central proceeds to were have been Placed the for expansion. Blyth & Co., Inc., and Elworthy & Co. had principal underwriters. See V. 173, p. 2182. the Calvan Consolidated Oil Gas & Co., Ltd. The company on for the public SBC stock, • $1. May (Canadian) Proceeds of filed 24 offering of value par See registration a 1,000,000 statement additional with shares of Herbert Glass 23, 1951, covering shares are record June then filed to held, be 12, 118,066 offered 1951, and registration a at shores of its $5 for subscription the in ratio of $10 per price a statement of with par by one the stock. common for each Biyth & & Fay (both of San Francisco) are named Underwriters. The underwriting terms arc to be two Co., the as supplied •./- Net proceesd :.7 . the of • • expansion of its shares standing. V. 173, The by amend- U. railway railway from ry. 1949 $137,583 Other Net income Earns, per com. The $72,153 be tion 368,615 548,729 52,092 *179,532 121,944 248,059 59,864 of with 408,151 Gross 2,737,000 88,278,000 2,760,000 11,511,000 America. basis The of exchange share each 1,625,000 1,662,000 6,513,000 4,789,000 13,177,000 10,093,000 Net for acceptance 2,636,000 3,336,000 9,467,000 $0.46 $1.18 $0.58 share— Commerce railway.// railway oper. is two of Brewing Corp. ry. —V. common Commission on May 25 authorized ry. the in 1950 1949 1948 $2,650,054 $2,555,881 ry. 534,511 com¬ Inland plans by purchase of Club sell to and covers Aluminum globes glass widely street signs certain Inland also manufactures approximately $1,000,000 period.—V. 173, p. 475. the and the, Corp., Chicago—Files With SEC filed was with the SEC on May 23 covering1 common Southern V; 287,466 278,293 159,024 10,603,412 3,130,332 10,680,539 2,555,986 Ry.—Earnings— * 1950 ' 1949 1948 $1,275,851 $971,309 $1,142,743 $1,081,486 374,181 236,803 317,058 223,949 119,351 68,427 125,374 75,287 5,013,266 3,998,596 4,256,682 4,479,014 1,485,645 1,015,649 810,095 994,813 482,569 295,743 235,952 305,149 1,171,947 850,853 967.092 43,978,000 193,375,000 160,649,000 39,522,000 183,787,000 157,045,000 4,456,000 9,588,000 1951 Gross ry. railway railway--- 173, Gross expenses 32,313,663 • 1949 1943 $837,282 348,604 $u58,011 Net ■ " 1951—4 Mos.—1950 124,445,949 Net ry. 262.195 April— Gross 109,657,712 Net 137,603 —V. 70,420 2,924,344 2,529,032 881,489 971,369 709,676 494,964 519,974 387,949 173, // $2,631,416 $1,939,754 $8,707,548 $3,302,796 stockholders of May 3, through subscription privilege, subscribed for of stock common total a an of owned. the basis of Rights expired shares had on May 17. An additional 50,000 June been offered and unsold will be made. See 1886. also V. - The not a 163,302 24 filed 173, .> 5,933,896 5,983,220 1,156,072 853,053 1,327,802 519,389 445,874 235,311 568,550 ./••■ be secured by 173, p. new railroad equipment costing 1987. 173, 1951 1949 1943 railway—— from Net Net ry. ' railway 66,809.109 railway oper. income 173, 56,687,518 58,676.291 60,035,645 17.355,888 from —V. 1950 / railway—,. $16,924,032 $14,828,460 $14,348,844 $15,120,592 4.373.902 4.286,478 3,927,951 3,756,376 oper. income..— 1,403,323 1,727,213 1,488,494 1,371,853 ry. Gross proposed 14,138,763 5,128,424 14,405,127 13,331,048 5,172,233 4,493,254 5,950,288 Co. below.—V. 171, p. 358. ; i' '■'r 1951 from railway railway from $3,637,605 338,754 oper/ income 79,690 1949 $3,061,652 363,673 75,724 railway railway Net. from oper. 173, p. 14,972,813 2,077,175 519,445 income be $3,036,921 327,873 $3,185,285 88,482 dated cost net of proceeds which, are to be used is 'estimated, it to 12,214,307 1,317,778 \ 293,200 45,428 741,519 648,430 643,987 166,235 117,995 137,370 149,714 79,403 46,713 68,407 102,293 640,301 . ' . Credit Co.—Registers Notes With SEC— issue a a initially will be portion of the used to increase maintain or proceeds $35,000,000 1%% note company the company $119,000,000 at April 30, 31, 1941.—V. 173, p. 263. 1951 as compared with $67,000,000 at was Dec. 12;440,250 1,606,454 443,026 Commonwealth struction will p. 1987. - . amount - Net income after taxes — 31-— Earnings per share 1951 1950 1949 $73,785 $126,712 '252,381 — Capital shares outstanding Co. — May 22 said in part: Has $450,000,000 Con¬ Freeman, Chairman, on. The company's scheduled construction program for the 1951-54 period calls for the expenditure of about $450,000,000. It is estimated that $200,000,000 of the required funds will be provided out of cash resources at the end of 1950, out of the proceeds from the sale of $49,000,009 of sinking fund debentures in January, 1951, and out of depreciation undistributed earnings over the four-year period. change in the company's plans, this means that addi¬ tional capital of about $250,000,000 will be required through 1S54. Neither the timing nor nature of this new financing have yet been determined. It is unlikely, however, because of the unsettled condition of the money market in recent months, that future expansion funds will be obtainable on as advantageous a basis as have those of the and no last several years. During has the of its 150,000 for the | .... latter expanded part new of 1950 construction aU \ early this to program totaling 660,000 kilowatts. kilowatts Public each, Service Co. for two of the Northern the year, include Four of five these Ridgeland Illinois' company additional units station new Will will and County station. The fifth, a 60,000 kilowatt unit, will be installed at the Pub¬ lic Service Co.'s Dixon station. Upon the completion of this new capac¬ ity in the fall of 1954, provided present schedules can be maintained, the system will have added 1,434,000 kilowatts in the nine-year post¬ -war period. Commonwealth's kilowatts, double what it was capacity before will World then War be some II.—V. 173, 3,722,009 p. 759. Consolidated Grocers Corp.—New President of Unit—* V";./ Three Months Ended March Edison Program—Charles Y. 256,731 256,731 $0.29 $0.49 $0.53 — Frank division who Inc., $136,734' Walker a new was been elected Grocers named Corp. President of President -He of Reid has been Vice-President associated since 1945, executive committee since 1947.—V. with Murdoch, a. T. Flynn, Processors, succeeds-Albert Consolidated Food subsidiary. Walker been has Consolidated recently Mr. has E. of Reid Murdoch since 1913 and and a member of Reid Murdoch's 173, p. 2182. Financial Chronicle (Reg. U. S. Patent Office) William B. Dana Company, Publishers, 25 Park Place, New York 7, N. Y., REctor 2-9570. Herbert D. Seibert, Editor and Publisher: President; William D. Rlggs, Business Manager. Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday]. Other Salle-St, Chicago 3, 111. (Telephone STate 2-0613); 1 Drapers' Gardens, London, E. C., England c/o Edwards & Smith. Copyright 1951 by William B. Dana Company. Reentered as second class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3, 1879. Subscriptions in United States, U. S. Possessions, Territories and Members of PanAmerican Union, $45.00 per year; in Dominion of Canada, $48.00 per year. Other Countries, $52.00 per year. William offices- NOTE: Dana 135 On S and Seibert, La account of the fluctuations in the rate of 4 is one the three largest installment finance companies country. Approximately $2,346,000,000 of gross receivables were acquired during 1950 as compared with $1,971,000,000 during 1949. Gross receivables acquired during the first quarter of 1951 amounted to about $695,000,000. Consolidated net worth of the equipment, the totalto $1,266,130,—V. 173, Chicago Yellow Cab Co., Inc. (& Subs.)—Earnings— 12,136,294 1,466,286 311,713 16,003 purchase 162,177 444,445 1886. Commercial July 1, 1951 and to mature in 15 equal annual instalments from 1952 to and including 1966. July 1, The 1948 From Jan. 1— Gross.from The company at its office, Room 1400, Daily News Bldg., 400 West Madison St., Chicago 6, 111., will up to noon (CDT) on June 12 receive bids for the purchase from it of $1,005,000 equipment trust certificates -on 1950 35,624 7,684 by amendment. The in two to Central of Georgia Ry.—Earnings— April— 1948 $162,161 34,551 ultimately will be used which matures Aug. 1, 1951Kidder, Peabody & Co. and The First Boston Corp. are named as theprincipal underwriters. The interest rate, offering price and other details of the notes will be filed be Chicago, St. Paul, Minneapolis & Omaha Ry.—Bids— Scientific 1949 $154,740 22,503 26,982 :/ the generating units 1887. p. " Corp.—Subsidiary Places Notes Privately— Central from Assuming from from Net offering of 216,575 shares of common stock, $10 par value, to its stockholders through subscription rights. Proceeds of the offering will be used to help finance the construction and equipment of a new building ana for other general corporate purposes.—V. 173, p. 1270. Cenco 1374, p. the payment of accruals * April— Gross registration statement with the a 5,856,250 1,544,183 :/.*;> ':■■■.■/■ certificates will From Jan, 1— " May on 7,061.009 income Chicago, Rock Island & Pacific RR.--Earnings— Corp.—Registers With SEC— covering 89,923 less than $7,100,000.—V. Net corporation 145,345 l, 1951, and to mature in 20 semi-annual instalments of $265,000 •each/ ' Carrier 118,683 357,994 will be received by the company at Room 744, Union Station Bldg., Chicago f,, 111., at or before noon (CDT) for the purchase from it of $5,300,000 equipment trust certificates, series NN, to be dated to the company's employees at No general public offering of the 3,872 shares acquired by the underwriters (Lee Higginson Corp. and P. W. Brooks & Co., Inc.) through the exercise rights income— $1,524,958 • Bids share. per 254,609 oper. 1950 $154,536 The company filed with the SEC on May 29 a registration statement covering $40,000,000 of notes due 1961. The company states that ih» Chicago, Milwaukee, St. Paul & Pacific RR.—Bids— by per share for each two shares new ry. Ry.—Earnings— 446,327 (par one $1,511,144 346,901 —V, 173, p. 1475. over¬ $1), thus exceeding <61,723 the 384,604 shares originally offered at $2.25 on 1948 $1,519,611 339,212 railway railway from Net CjP.—Stock Oversubscribed record 1949 $1,735,379 from Net Biscuit $1.89 1374. p. .. for railway railway--— oper. 173, 57,428 income working capital and From Jan. 1— 1886. p. ry. 1950 654,311 $207,704 railway railway oper. Commercial . 1951 from from dividends.—V. 1951 from 151,983 Chicago, Indianapolis & Louisville Ry.—Earnings- $133,153,497 $112,960,508 27,843,187 stock from 1950 1475. p. $1,455,000 — ; From Jan. 1— 461,444 2,664,541 $967,000 $1.15 — share railway from railway ry. oper. income $955,799 3,154,531 1,000.315 454,941 income oper. $2,551,000 1,096,000 — outstanding per' common from 128,845 from from Net 3,604,000 690,000 654,311 (est,) Columbus & Greenville Gross April 1,'50 $1,657,000 taxes April— 286,116 income— oper. Mar. 31,'51 Federal ______ $840,630 . railway Corp.—Earnings— — *After preferred 11,035,391 2,800,015 1,084,350 for *Earnings 275,169 , 11,400,108 3,475,466 railway profit profit Common shares 725,989 From Jan. 1— —V. earnings The were Income oper. Net $2,760,265 773,831 income from from Net ry. notification railway railway— Provision 907,122 April— Net Gross —V. use. 39 Weeks Ended— railway railway— oper. Net 2,201,000 Carr-Consolidated Net this owned been The 173, p. 1887. proceeds ry. the 1950 Acceptance of Operating 173, p. 1887. Gross 1951—4 Mos.—1950 •}'.{ • Period End. Apr. 30— • 1951—Month—1950 Gross earnings $34,945,079 $29,782,941 Net , the and business profit for connec¬ Net System—Earnings— 1951—Month—1950 revenues Net by 31, a Columbia Pictures stock.— Canadian Pacific Ry.—April Earnings Higher— Gross has Inc. illumination, 1951 from Net Chicago & Illinois Midland Ry.—Earnings- V. 173, p. 2087. See of consumer use. Mr. Taylor antici¬ will be expanded and that cer¬ by Club Aluminum will In the near fu¬ Inland Division. Sales of Inland for th» the from Net —V. $2,900,033 income_i_ from Net SEC electrical for industrial from Gross 4,797,000 $0.33 — 1951 from Net 1790. 50,455,000 The that assets $650,000 From Jan. 1— Net 48,254,000 P. of railway from railway ry. oper. income Net 4,722,000 5,900,000 new from ry. Gross ^,he capital stock of expenses ■of Inland Chamberlain, April— Gross From Jan. 1— Operating $2.75 the products sold Colorado & $ 3,549,000 from Net Ltd.—Exchange Offer Extended revenues share types Dec. showed letter Net April- Net ^ Operating shares 1951. of announced stock (par $1) to be offered at $4.37'/* share through Straus & Blosser, Chicago, 111., the proceeds to go to David J. Gradman Agency, the selling stockholder.—V. 173, p. 475. Chicago Great Western Ry.- -Earnings—• 1474. $ —The of approximately Works, operating as a division will continue to manufacture and manufactured ended A *28,850 *104,056 Canadian National Ry. -V. for 1, 21 on Taylor. 9,500 shares of class A $ 111,880,000 issue $6,450,000 of equipment trust certificates equipment purchases.—V. 173, P. 2087. company-to *78,477 245,975 173, p. Period End. April 30— Net Co.—Acquisition— May purchase the of 1951—4 Mos.—1950 $ 27,014,000 taxes Interstate 24,573 46,424 income Corp. Working for equipment and certain other assets. "No contemplated to meet the terms of the purchase is Mr. Glass Colonial inc. - 66,351 company has extended to June 29, 1951, the time offer to exchange its common shares for 173, P. Net 1951—Month—1950 income— oper. $148,036 583,682 shares of Canadian Breweries for v said Co., company below. railway taxes ry. Net 7 railway oper. Brewing V. prof, excess 15,512 ' 46,799 Canadian Breweries, the Corp. 29,218,000 Canadian 71,182 *12,611 railway *Deficit.—V. The and and 1948 ' of 2,597,'952) for household ture for Equipment Trust Certificates Authorized— 1950 $127,743 income oper. from .Net 4,533 180 2,265,632 machinery, financing tain.of the glass handling defense con¬ Cessna's L-19, an Army liason plane, of which and part delivered.—V. 172, p. 2479. incomfe S. , Net 4,057,667 2,278,922 * from Gross is capital $ 250,000. There are now 236,132 shares out¬ proposed issue would increase the total to 354,108.— From Jan. 1— v provide working Kaiser-Frazer Gross from 1951 from Net ,ry. 12 908663 4,463,860 June on in' various year to are Period End. Apr. 30— Kentucky April— Net 12,696,521 4,937,497 2,998,312 types of glass products Chesapeake & Ohio Ry.—April Earnings— company Cambria & Indiana RR.—Earnings— "Gross 701,969 per 1986. p. 785,114 : pates that this division of principal House, California, Plant. ,tAt the recent stockholders' meeting, an amendment to the articles of incorporation was approved, increasing authorized capital to 500,000 common Trust Bank Chase Aircraft Co.—Stock Interest Acquired— - financing,.1 together with other of $10,000,000, Frank A. Participating in the credit Wichita, Continental Illi¬ Co. of Chicago, and Chase National Bank National 643,715 1 12,780,111 Chicago, and other products credit a used, York. funds See ana funds, including working capital not otherwise required in the company's business, will be used to finance a program estimated to cost $2,235,106 for 586,127 14,534,780 , division a building, Inland 1790. p. of as contract," of shares Inc., & 2,000 have been ordered The stockholders common share share. Hooker i»nent. New established tracts, chief of which May on above—Y. ,173, Fourth are National Bank nois The SEC (Va.)—Merger, Etc.— Secretary-Treasurer, announced. arrangements With SEC— has company Boettger, of Calaveras Cement Co.—Registers company The , the Underwriter.—V. The 1,218,927 Taylor,. President, possession operated Products offering are to be added to general working funds. Noyes, Graham, Parsons & Co. is named as the principal 173, p. 2182. Hemphill, Ridge Corp. igag $3,282 819 1,338,153 , contracted Works take Cessna Aircraft Co.—Establishes Bank Credit— share. per Blue J. had pany the capital 1949 $3,446,309 "-""''.'.v..'- 1987. p. 1950 1,242,346 Club Aluminum Products outside Central States Electric Corp. (Alberta, Canada)—Registers With SEC— & Texas Pacific Ry.—Earns.— $3,412,300 income— oper. 173, 659. p. Privately—This subsidiary of Cenco Corp., it was announced on May 28, has placed privately through Auchincloss, Parker & Redpath $500,000 serial 3 *4% notes due May 24, 1952-1956, and $1,000,000 15-year 4% sinking fund notes, due May 24, 1966.—V. 168, p. 1359. con¬ used Co.—Notes company, a com¬ President, blamed the depressed Scientific at francs 1,459,099 railway.— railway from ry. in $3,990,265 from land, T: railway railway.--— oper. Income— From Jan. 1— Gross 2,880,406 2087. p. French 1951 from Net —V. in from ry. in sterling at the London, England; in New York; Maatschappij, n. V., the office of Credit Suisse, at the office of Banque do Co., 474. p. Net 6,469,740 1,564,027 2,465,559 Swiss francs in or April— Gross be made may & Pays-Bas, Paris, France.—V. 173, ' Byron Jackson Co.—Withdraws Registration Statement SEC des Net ._ at Redemption Henry Schroder J. Cincinnati, New Orleans 1948 $1,524,092 569,939 802,124 634,229 interest. of office of J. Henry Schroder Banking Corp, in the office of Nederlandsche Handel Switzerland, et —V. 1949 $1,473,425 ' $1,557,720 the florins —V. , at 5% sterling income debentures are being notified debentures will be redeemed on June 30, 1951, at par Amersterdam, Holland; Pennsylvania—Earnings— ■; these Counting House Zurich, ... the of of and accumulated 173, p. 2087. 1951 from from Net -ry; ' 12,497,606 ry. oper. income.. From Jan. 1— - $1,191,270, with net profits at. $88,202, and $1.50 per share.—V. 173, p. 378. or 1 11,555,529 1,410,680 *1,642,270 ... Holders 528,508 *221,980 Net Booths, ventilation. of v'.. .. were Acousti systems 331,372 *354,609 April— Gross I $1,520,332, with net profits of $113,- of which $37,787, Vent 240,979 *455,324 14,028,018 railway—.. railway. Central RR. Co. of < Net sales for ry. $3,369,245 498,589 from Chilean Nitrate & Iodine Sales Corp. (Corporacion de y Yodo de Chile)—Calls Debentures-^ Ventas De Salitre 1948 $3,083,501 Paris product, known commercially as the "Burgess-Manning Ceiling" production, it was reported at Chicago, HI, Acousti 1949 $2,981,377 *260,149 income. *Deficit.—V. is in limited Mr. Manning's report stated that a separate division known as the Architectural Products Division, had been established to handle that portion of the business relating to the new 1950 $3,527,967 railway. oper. from Net Willis LI Manning, President, on May 25 announced a new product,, a ceiling providing radiant heating, radiant cooling and acoustic con¬ trol for buildings. 5 , rallway____ From Jan. 1— / ' Jersey—Earnings- 1951 from Net agreement, into, stock.—V. common has Co., from as Gabriel of be Gabriel has and suspended of will The effective division a the stock common into authorities will became merger operated / legal $1) (par The and 3 (2287) i this exchange, remittance for foreign subscriptions and advertlsments must be made in New York funds. 4 \The Commercial and Financial Chronicle (2288) registration statement with the SEC for a 180,009 shares of common stock, $20 par value, to its executive employees and an additional 50,uU0 shares to other employees under its Employees' Stock Purchase Plans. Proceeds of the offering vvih be added to the company's general funds or will be used to reimburse t'ne company lor the cost of shares purchased in the open market for sale to employees.—V. 173, p. 1888. May 24 filed proposed offering of company on a offering was made on May 29 of a new issue of 200,000 shares of common stock (par $1), priced at $22.12% per Paine, Web¬ The offering was quickly over¬ share, by an underwriting group headed by ber, Jackson & Curtis. subscribed and the books closed. Expand Facilities— construction of an addition to its Detroit to provide greater manufacturing facili¬ ties. and a new admiuitfcrativc and engineering building, C. J. Reese, President, announced on May 23. The new buildi?ig, increasing the Detroit Division's floor space approximately 25^, is necessitated by expanding production of siugiecylihder air-cooled engines for civilian and military use, wh.ih are made in ten models ranging from % to 2'/a Li.p. Cont.nental's orders for small engines are at an all-time high level, and unit shipments are running at a rate approximately 160'/greater than a year ago, Mr. Reese said. T« Detroit Division is meeting expanded requirements lor clutches, oil pumps and other vital automotive components. The outlook for the company's Muskegon divisions is also uniformly good, Mr. Reese said In the main Muskegon plant, building air-cooled engines for personal, executive and military planes, as well as liquidcooled engines for agriculture, industry and transportation, dollar sales are u» cut of all proportion to the increase in unit volume, because the ratio of large engines to smaller models is unusually high. It will go even higher, Mr. Reese said, as the year advances and production schedules are stepped up.—V. 173, p. 2068. The corporation is starting manufacturing plant (Mich.) replace each former share of common stock without 'par value with two shares of the new stock of $1 par value. Assuming the complete exchange of the old stock, capitalization of the company as of April 30, 1951, adjusted to reflect the present offering, would include 913,898 shares of common stock of $1 par value. . Financing— Consolidated Natural Gas Co.—Future sell additional common stock in two or three years of outstanding five-year bank loans and provide funds for future construct.cn, according to a forecast made by Frank The company may to $20,000,000 repay Lcrch, Jr., President, on May 10, in connection with the company's offering of $50,000,000 of debentures. He added that the financing program includts no plans for additional debenture issues. Mr. Lerch said that the company's 1951 construction program, bud¬ H. geted at $64,500,000, will substantially complete most of the system's postwar expansion projects. Norma) gas production and construction needs will continue at $15,000,000 to $16,-/00,000 a year, he said, and an additional $10,000,000 may be required in 1952 and 1953 to finish the See V. program. 173, 2087. p. the used to Quarter Ended March 31— after Earnings T. A. income Federal President, Proudfit, taxes capital. May on further 24 company'c production for the first quarter experience. Net production, plus purchased royalty oil, a was announced that this the highest in its averaged 738,000 barrels This compares with 617,000 barrels day in the first quarter of 1951. in the spme quarter,of 1950, and 727,000 barrels a day in the last quarter of 1950. This upward trend in production continued through April, which was the biggest month in the company's history, with an estimated average of 750,000 barrels a day. The week ending April 16 was the most pro¬ ductive in its experience with a daily average of 754,000 barrels. The corporation plans to drill 143 wells in proven fields this year, as compared with 96 wells in 1950. It also plans to drill 84 exploration wells this year, or 31 more than last year. Capital expenditures will, consequently, be greater than in 1950. The company estimates them at $61,000,000 for the year as compared with $43,300,000 spent in 1950. —V. 173, p. 1987. a day Crown Drug Co.—Babson Group EARNINGS—Consolidated purchases by the Babson group, gave them control of the It operates 70 stores in the Midwest. is head of the Glaser Drug Co., Inc., which operates 12 in the St. Louis area. He said he had resigned as Vice- Glaser Privately—F. S. Yantis & Co., Inc., have placed privately $150,000 of five-year 5% notes and 50,000 shares of com¬ mon stock (par $1) in units of $1,500 of notes and 500 shares of stock at $2,000 per unit. The net used to retire proceeds will be note.—V. 173, a three-year 5% promissory 1987. p. Mills, Inc.—Notes Placed Privately—An is¬ of $9,000,000 of 3%% promissory notes, due April 1, have been placed privately through The First Boston Corp., according to an announcement made on sue 1971, has in branch a 1, debentures, March on shares of from the Danstan Realty (Mich.)—Borrows from Corp. of are a The John & Jackson severally Insur¬ Mutual Life Insurance made has Co. on Steel Corp. Newark (N. brokers, J.), who and the respective purchased by each be to Shares Ball, Burge & Kraus 2,000 Blunt Ellis <fe Simmons— 2,000 15,000 — correspondents mortgage the for Delaware & Hudson RR. Corp.—Earnings— York's of Lt. Brush, Slocumb & Co.— 2,000 2,000 Co Glancy, & & 2,000 Co.— Richards & Co..— Kalman & 12,000 First Michigan Corp 10,000 Quail & Inc.. Inc Total net Shares Net Total & assets. net assets in $1.85 ..... April 30, on 1951 the of of excess investment Fund's for the highest be 49,781,456 $1.60 for the to on the Fund, Inc., April 30, 1951, was the basis Empire stock of Tobin was a of i April— Gross 1951 from railway from $4,643,347 railway Net ry. oper. income— ended the April same 1951 30, six Hemphill, the deal of for estate Moore the — 1950 $4,129,884 $4,417,533 775,598 780,328 railway Net from railway.—— Net ry. oper. income. » railway. Net from railway ; Net ry. oper. income... assets —v. 1949 1348 $4,668,470 1,021,940 from Net ty, Gross F. Noyes Graham, railway.. railway $4,464,012 . ry. $5,278,546 $593,331 handled by George Co., Inc.; Roger L. acting Co:, & Parsons $4,306,124 ••'955.074 2,748,377 2,097,019 2,384,030 1,758,905 173, 6,158,659 . 1,390,443 6,704,036 5.084,456 *2,596.400 *3,214,607 *5,028.657 "909.711 *1,594,609 ■: Share Off— per class A and per share common from railway.... —V.. 173, 2,924,337 1,081,279 from 3,033,898 2,191,351 1,345,959 844,395 1,355,313 58,093,682 from ry. 47,555,916 50,404,271 14,436,007 railway railway income— oper. 173, 10,589,416 9,652,417 55.899,826 13,304,399 5,740,151 4,759,339 3,905,864 5,366,851 other income— before : —. -• SEC at on May 22 filed a letter of notification with the 60,000 shares of common stock (par $1), to be issued as part of a plan for the payment of trade accounts the company's creditors. company has concluded payment arrangements with creditors company covering share $5 per due to The its creditors' committee President, announced about is May 29.—V. on to be 171, disbanded, A. S. p. 1,935,380 earnings after taxes cent of 1,045,380 sales 5.85 ','c expansion 1,932,657 1,188,657 6.88r,l 10,173,606 9,817,652 976,023 share 939,507 $1.07 $1.26 ; NOTE—Duplan Corporation only—not consolidated with Canadian No consolidated statements issued.—V. 173, p. 1476. subsidiary. 17,114,415 18.951,046 Duquesne Light Co.—Stock Reclassification Approved 2,783,780 3,988,132 1,192,774 1,913,174 The company on May 23 received SE(C authorization to reclassify its 4,500,000 authorized common shares, no par value, into 7,000,000 shares of $10 par common stock. 480,466 1950 1949 The 2,152,828 outstanding shares of no par stock, all held by Phila¬ delphia Co. would be converted into 5,750,000 shares of the new $10 1945 $6,514,493 1,412,064 726,229 $7,100,896 28,319,752 4,964,856 23,906400 27,204,239 3,943,200 4,482,137 29,270,622 5.361,059 1,770,948 1,827,876 1,964,193 2,427,608 $7,189,999 1,166.431 538,753 1,222,126 560,723 $7,304,186 1,836,291 820,733 income..- 1476. 1951 1950 $3,907,775 425,840 $2,952,287 322,999 140,000 80,000 $285,840 $242,999 outstanding 402,656 402,656 Earnings per common share $0.71 $0 60 operating income.. before Provision Net for income taxes..: income taxes income Common 173, ______ shares p. 1791. Detroit Edison Co,—Amendment Filed With SEC— Of the maximum of 850,000 shares of capital stock (par $20) regis¬ tered with the SEC on March 1, the company sold 789,848 shares through exercise of warrants at nar. (or for a total of $15,796,960); 20,472 shares were offered to public through underwriters at a fixed 'price based on the market, $22 per share, and 39,680 shares were removed from The As registration on May 21, 1951. See also V. 173 p. 2182. an books by Net sales.. ; Net. income the new per the such stated reclassification, Duquesne would increase value of its transfer of $686;880 from outstanding common to on $57,500,000 earned the stated capital of such shares, as Commonwealth of Pennsylvania, from surplus, and would increase stated in returns filed with the $53,820,700 to $57,500,000. The transactions were proposed in conjunction with Step l of the plan dated Feb. 8, 1951, for compliance by Philadelphia and its parent, Standard Gas and Electric Co., with the provisions of the Holding Company Act, which plan provides for the liquidation and dissolution of Standard Gas and Philadelphia.—V. 173, p. 1987; V. 172, p, 1344. *A new The New Net income after Houston The directors on May 24 $3,357,994 5,250,357 5,250,357 $1.01 $0.64 ; declared, subject to the approval of the SEC, a dividend on the common stock payable June 30, holders of record May 31, 1951. The dividend will be Halliburton's in Oklahoma The company has borrowed an additional $8,000,000 from three viz.: $4,000,000 from The First National Bank of Chicago, $2,000,000 each from the Bankers Trust Co. and the National City Bank of New York. This increased the company's bank indebted¬ ness to $49,229,179. The proceeds are to be added to working capital. and The loans are evidenced The by notes maturing in 1956.—V. 173, p. 1888. Industrial With Securities and Fund, Inc., Denver — Registers Exchange Commission— May 28 filed registration statements with the SEC covering (1) 9,000 systematic investment certificates aggregating $10,800,000 in amount, and 900 cumulative investment certificates aggre¬ gating $900,000 in amount; and (2) of 400,000 shares of capital stock. The company on Investment Service Corp. First York Corp,- will handle the offering. •Net Assets per Share Lower— As of- Mar. assets per preferred share—— common 31,*51 Dec. 31/50 $164.18 $167.75 $3.40 share— $3.52 173, p. 1071. Florida East Coast Ry.—Earnings— April— 1951 to stock¬ payable in com¬ Light Co., at the rate of 2.2 shares of Net 1951 from from railway Net from Net ry. railway 1948 $2,854,565 $3,063,500 714.512 747.514 883,043 518,678 ... railway— income— oper. 173, p. 1988. 1949 $2,674,519 1,017,967 ry. oper. income From Jan. 1—- Gross, from 1950 $3,285,691 railway. Net —V. . City. banks, Share common stock. stock of Florida Power & $5.44 , group includes Filene's in Boston, Bloomingdale's in Abraham & Straus in Brooklyn, Lazarus in Columbus, Cincinnati, The Boston Store in Milwaukee, Foley's in and Florida Power & Light common stock for each 100 shares of Bond and mon 15,539,756 $6.14 Bank Loans Increased— Gross To Distribute Holdings— 17,357.166 $0.87 1950 $5,311,442 taxes- Capital shares outstanding——. Earnings per share— 2,519,455 $0.60 - Federated York, in —V: 1951 v •- 79,661,415 *400,280,984 356,058,378 high record. Shillito's Net Electric Bond & Share Co.—Earnings— £ . 1,777,653 sh com. Net assets per $2 12 Months Ended March 31— $ 50,876,800 taxes eral Earns, Financial $10 Par stock. incident to April 29,'50 Fed¬ after stock (for which Philadelphia would exchange its present holdings). 2,347,172 unissued no par shares would be converted into 1,250,000 shares of the its Three Months Ended March 31— Profit par Ended May 5,'51 $411,154 outstanding per 52 Weeks Ended May 5,'51 April 29,'50 $ $2,701,021 capital Earnings Blagden, 1147. —13 Weeks Ended— $17,873,314 $17,267,489 _ taxes: Net 3,290,342 1888. P. 1950 331,978 . Derby Oil Co.—Earnings— Gross $2.82 1950 1949 1948 1951 $14,460,128 $12,417,433 $12,613,910 $13,567,208 railway railway— oper. income Period— 1951 2,992,755 income railway railway— p. $172.44 $2.75 :■■■;. Duplan Corp.—Financial Report Facts- 2,141,919 railway.' oper. 31,'51 Dec. 31,*50 $170.33 — share Federated Department Stores, Inc.—Sales Show Gain iv'/- 4,638,701 1951 from Net ,ry. A. Hammer, Stevens and brokers. The *1,918,624 *5,407,450 1476. p. pfd. conv. *1.253,879 363,397 1476. oper. as Federal Machine & Welder Co.—Files With SEC— "1,048,650 six Months Ended March 31— and is and From Jan. 1— The 1,414,302 . $2 per from Net 1943 1949 1.667,004 _ income. oper. Earnings it estate represented by White & Case, and Cravath, Swaine attorneys for the purchasers.—V. 160, p. 2182. from Ry.—Earnings1950 16,207,299 From Jan. 1— Gross real Erie RR.—Earnings— Net 454,530 Delaware, Lackwanna & Western RR.—Earnings— from the Realty Associates, said that the take place towards the end of 1951. were 173, p. 1071. and from •'Deficit.—V. Sales Beach, but approximately Mar. Net —V. 19,12°..335 April— Gross disclosed, ot was were assets Gross K From Jan. 1— "Working 331,978 999,391- ' from 173, p. and Hollywood of would sale Charles of Noyes, Net months From Jan. 1— Gross of for value Inc. State Vice-President Potter, closing Net below. 1951 from ry. for the on of Arrangements than more report. months six Duluth Missabe & Iron Range from Ben stock. S. Net Nesbett Gross be operations Raskob the close of The Fund has compared with $2,201,952 during year.—V. 173, p. 564. Gross and Equity Corp.—Net Assets Dreyfus Fund Inc.—New Name— See to paid April— investments according cost, income were history. $2,680,480, last to Mich., As of— 50,956,652 $1.62 52,095,161 — period in the company's stockholders. value of the 102-story-high Alfred R. is syndicate Detroit, Raskob Oct. 31,'50 Apr. 30,'50 $96,469,619 $82,470,705 $79,715,958 —— share per Market was in structure new President) owner of the headed by Roger L. Stevens Drum A. a 2,000 Co. into Control of the 20-year-old building, which towers 1,472 feet above 34th Street and 5th Avenue, is being acquired from the estate and family of the late John J. Raskob, noted financier, who died Oct. 15, 1950. The purchasers are offering to acquire the holdings of the other stockholders of Empire State Inc. on the same terms as the & fiscal any per 25 that a contract has been signed for the controlling interest in this corporation (of which of Vice-President 4,000 outstanding 50,000 cents May Jr., 2,000 2,000 Apr. 30,'51 assets $0.15 19 to 1987. p. of— As equal $50,000,000. The building, which has 2,000,000 square feet of rentable office space, is now reputed to be the most profitable single office building operation in the world. 2,000 — Co Schwabacher 5,000 Scribner.. of Co., a by understood other Inc. Republic Co., $0.65 $108,959, Building, the tallest ownership. State pass on price — Dean & of Florida. N. & Dain M. to Hugh Gen. skyscraper actual Staats Co., $84,959 V;•''"V-.':'-",.•' r1.''' a". Empire about learned purchase 2,000 Witter & Co.— 32,700 *$369,250 share-.—-—--——— gain 117,659 259,500 — capital 564. p. $1,585,210 —-——— common realized 1950 $4,619,664 628,750 — taxes —— 173, is was 2,000 — 1951 taxes. income for "Includes 2.000 173, 1,148,194 —— share.—V. Lester Brothers Moseley & Co White, Weld & Co Central ... income Earnings per 15,000 15,000 ; S. Singer, 14,242,654 4.967,096 1,744,344 income. income Irving Lundborg & Co..— Shares —V. Net 15,000 —V. railway oper. Provision Co.— R. 391,337 16,276,549 6,828,299 2,891,343 sales Hill William 726,631 lb,181,354 6,723,162 2,906,990 285,671 17,348,154 6,114,926 railway- Profit before J. Dean 1,216,727 Empire Millwork Corp.—Earnings— Cohu F. 1948 $3,454,456 1,734,658 Three Months Ended March 31— Net 15,000 Lehman 1949 $4,093,814 2,092,559 858,263 173, p. 1476. 15,000 Spent -for - ry. 15,000 Corp Corp.. Per are mortgagee. Net from Net Lee first a four industrial in Michigan. Ohio and New Jersey which are occupied by the The financing was arranged by Stevens &, Perkins, plants Solar Net Net Hornblower & Weeks...... Higginson 1950 $4,258,924 income oper. from The follows: as & Co The First Eoston is¬ lots would 1,466,595 53 Weeks Hancock mortgage loan of $500,000 to the above corporation —V. ry. split-up. the underwriters stock company Curtis Estabrook be small who $4,428,539 railway.. railway Firm— ance Net 356,949 names common proposal changing the shares (no par; to 1,500,000 approved 40,000 Webber, will of sale From Jan. 1— Gross New $3,986,000 913,898 shs. Shares Paine, 1951 Net world, Outstanding 1,500,000 shs. to effect a two-for-one UNDERWRITERS—The underwriter 12 stock' from common of the stockholders ' from from It value)..—. par stockholders number stock common by Elgin, Joliet & Eastern Ry. —Earnings— due July $5,000,000 ($1 (par $1) Light stock company April- FINANCING PRESENT TO 1976 Net 1375. p. EFFECT Authorized 2V»% stock & to facilitate common Empire State Inc., New York—New Control- GIVING - 'Common Light March Gross Naples, Italy. CAPITALIZATION Convertible Power be made will & Power also announced that net earnings for the 12 months 31, 1951, before adjustment for prior-year over-accrual of taxes, were $5,311,442, or $1.01 per share, as compared with $3,357,994, or 64 cents per share, for the 12 months ended March 31, 1950. —V. 173, p. 2188. • ' —V. company's executive offices and research laboratories are located Cambridge, Mass., with factories also in Acton and Adams, Mass.; Leandro, Calif.; Chicago, 111., and Lockport, N. Y. It is now building an additional plant at Cedar Rapids, Iowa. Subsidiaries operate in Canada, England, Australia, France and Argentina and it Net May 31.—V. 173, and after such taxes net The April— Dan River were in $24,824,597 173, p. 759. Motor Express Co.—Units Placed (Md.) 1950 on business company's Net Cumberland The San previous Drug Co.—V. for company May 31 of Florida Power & Light on prefer to receive cash. ended Dividend Shares, Inc.—Total Assets Rise— company. President and director of the Crown the includes the manufacture and sale of a diversified line of chemical specialties, of natural and synthetic rubber products and of machinery especially designed for use with many of them. The principal developments of the business in recent years have been the development of the company's CRYOVAC process and its CRY-O-RAP bags for the food industry, a new non-rubber battery separator, certain "side seal" compounds and special co¬ polymers and resins. The Acquires Stock— Glaser, operator of a group of drug stores in St. Louis, Mo., announced on May 28 lie had sold his interest in this company to Roger Babson and a group of Boston associates. Mr. Glaser said he sold 26,605 shares of common stock which, with stores of sales net profit before taxes on income was $1,033,092 profit was $414,746. Morris Mr. Florida Net $22,258,857, with consolidated profit of $3,927,236 after all charges except taxes on income. After provision for such taxes, the net profit was $1,936,056. For the first three months of 1951 consolidated shares 1951 1950 (estim.) $48,000,000 $35,000,000 the proceeds of this financing the company will of 3jA'a serial notes. The remainder will be for capital additions and improvements and for working of Florida shares Arrangements sued. $1,100,000 pay authorized Gain— to Monday, June 4, 1951 . pany will arrange for the company's dividend agent to handle frac¬ tional share equivalents for the stockholders since no scrip representing fractional PROCEEDS—From retire "The Creole Petroleum Corp.—Earnings Show consists of shares of $1 par value in accordance recapitalization adopted on March 12, 1951, which of plan the designed .was At the closing market price . the New York Stock Exchange, 22%, this is equivalent to approximately 50 cents per share on the Bond and Share common stock. The com¬ of The present offering with Continental Motors Corp.—To Offered—Public Dewey & Aimy Chemical Co.—Stock Continental Can Co., Inc.—Registers With SEC— The . 367,046 253,986 461,426 12,569,546 3,855,448 11,517,989 12,525,207 2,016,467 1,957,123 12,105,936 3,495,677 1,720,737 3,534,018 3,598,706 1,990,986 Volume 173 Number 5017 after There Common shares Earnings per —V. — taxes dividends Preferred 173, paid 165,811 2,111,847 $0.14 165,116 2,269,030 outstanding— share— common $0.79 of bonds the p. the called for redemption next, through first mortgage 3'/a Payment will be made July on 1971 due at sinking $1,344,000 fund, of at 102% and accrued interest. York Trust Co., 100 Broadway, New 2, 2189. New York, N. Y.—V. 173, SEC Wallace, Inc., Springfield, Mass.—Files— company offered and B. May on filed 21 shares 1,000 covering of B Gross 1951 common ployees" per share through Tifft Brothers, Springfield, Mass., Moseley & Co., Boston, Mass. Proceeds are to go to Andrew Wallace, President of company.—V. 169, p. 2528. ry. -Earnings- 1951 railway from Net from Net ry. railway income— oper. presently outstanding shares were sold per share, including commissions and selling ex¬ remaining 100,000 shares were issued to Stanley Hiller, Jr., in exchange for his business and assets (including patents and inventions) previously conducted by him under the name "United Helicopters." The 100,000 shares so issued to Mr, Hiller are held cash from Net from Net ry. —V. 173, i3,458 2,577,531 934.604 2.541,297 895,200 795,280 2,405,414 670,446 215,551 201,134 237,655 134,470 276,329 235,335 137,639 108,346 — income sales Income Capitals outstdg. share shs. 4,488,342 4,506,014 1.738,768 806,281 862,420 Earnings 733,778 863,488 362,558 379,030 —V. per 172, P. $18,433,786 $11,441,990 $10,758,149 $20,483,328 — taxes. after 1951—12 Mos.—1950 1951—6 Mos.—1950 Period End. Jan. 31— without long his shares as 206,946 356,201 70,588 $2.93 70,558 337,52g 70,558 267,596 70,588 $3.79 - $5.04 $4.78 1532. The Falls, Minn.—Notes Offered—Keenan & Clarey, Inc., in May publicly offered $800,000 of serial coupon notes due follows: as 1954; $70,000 3»/4S in $72,000 3V2s in 1955; 1958; 2V4s $65,000 3'/2s $80,000 in 1953; in 3s $68,000 various The 3»/2s in 1957; $82,000 J VuH in 1980, and 1956; $75,000 1959; to notes May 173, of the the 28. preferred \ stockholders of taken as financing.— the Nine Months Ended March 31— Co.—Subscriptions— Net sales ^ Profit before Federal income income Net $20,597,262 $19,918,033 $20,870,073 1,476,607 1,325,616 1,971,095 , taxes— taxes— income $1,004,822 $904,280 720,647 $1.39 $1.25 173, Quarter Ending March 31— 1 Sales Net Period End. Apr. 30— Net Common •Earns, shares Inc.—Earnings— 938,844 938,844 938,844 $1,54 $1.37 $1.95 ♦After $2.51 Gross Net have cumulative $2.20 sinking preferred the selection by lot of 1,269 shares of (par $50), for redemption out of 1951, at $52 per share and accrued stock moneys June on Holders 30, and Marine for redemption have been Gross notified by from ry. will be made on and after June 1, 1951, by the Exchange Bank of Milwaukee upon presentation and the shares called for redemp¬ E. and and J. elected W. 22: May has director, a director; a been been Considine, Secretary and E. R. elected director and to 173, also the vacancy fill has Hosteller G. continue has Considine 1951, —V. will been Credit as SEC 830,492 617,320 233,412 - , $3,919,000' a *80,472 . income 2,473,079 1.911,273 937,757 117,691 1951 1950 173, 1,346,399 1477. p. ,• income ' reported, the bonds would be offered for public sale Proceeds would be used in part to prepay a $1,300,000 short-term note (the proceeds of which were used for construction purposes i and the balance of the proceeds would be used to provide for the construction of additions and improvements to property.—V. 173.. p. 2189. ■:;'}/ taxes—.—— ; — per outstanding— $4,044,324 $2.39 — share common $5,360,636 1,8C0 000 —T — — preferred dividend before April income Motors Corp.—Resolutions $1.66 ——... A 1949 1950 1951 30— $21,251,825 1,054,828 1,218,348 407,400 455,500 income for 1,008,107 485,800 taxes....— $522,307 $647,428 1,196,284 1,196,284 $762,848 1,196,284 $0.44 $0.54 $0.64 173, p. share —... 1988. from Net Defeated— from ry. —V. $5,903,030 1,415,590 593,848 541,715 28,423,787 23,098,819 7,282,709 5,299,765 24,653,045 5,655,043 2,679,594 2,075,091 $6,356,940 1,624,997 659,161 $6,058,071 1,466,835 701,042 2,215,560 railway— p. income.. 2189, _ 25,536,799 " 5,978,554 2,224,168 1951 1950 $18,226,645 $14,211,353 3,381,852 2,598,319 1,689,085 943,788 Months Ended March 31— Net from service revenue and sales — Profit income before taxes for income and excess profits taxes.. General Public Utilities Corp.—To Sell Units— cf ment its May on Philippine ana it announced 9 agreed had of Under SEC's the integration Utilities program the Division after * reached with the the company's was hearings Net" income divest¬ on proposed divestment order provides for disposition of gas prop¬ erties of Jersey Central Power & Light Co. and the electric properties of Northern Pennsylvania Power Co.—V. 173, p. 2189. V. Bozell accordance was retired with succeeded as President provisions by of C. Donald the of this corporation pension Power, on and a plan. director corporation, and rate counsel to its subsidiaries. Mr. Bozell will continue with the company as a director 1 June retirement and attorney of the consulting capacity.—V. 173, p, Hiller be in 16,548 23,671 $93,795 $82,703 $309,260 129,338 129,876 517.000 $128,919 519,599 $35,543 $47,173 $207,740 $390,680 May 1, 1961, at 100% by a group of underwriters headed by Blyth & Co., Inc., and Lehman Brothers, Further details CAPITALIZATION a prom, EFFECT GIVING inc. conv. not ♦Does TO PRESENT ($1 par include $11,253 t$94,457 2,500,000 2,500,000 §1,000,000 shs. value) current "V-Loans" which are FINANCING Outstanding * Authorized 1952— debs, due May 1, 1961. note due Jan. 31, JCapital stock 1792. adjustment income bonds.—V. 173, on ' • • ' ' * ■ "i - ' ' ; • i ,]• - . 1951—Month—1950 Period End. Apr. 30— Railway Railway Net oper. rev. $268,056 revenue. oper. expenses from ry. oper. 31,146.163 913,092 223,076 $854,599 857,936 railway $41,737 operations Net 22G.J19 $214,546 1951—4 Mos.—1950 the issue 23,000 shares to provisions of $100 par of preferred, which would have provisions essentially of the series A, shares of 23,000 for would be acquired by the Penn Mu¬ Co. 16,000 the shares holds. now new series B issue, series A $100 of The remaining shares would par preferred which shares 7,000 would 16,000 income.. •Deficit.—V. 173, p. *$8,530 $228,071 *$3,537 10,602 *34,652 78,738 *113,075 1988. or pay — Application See South Georgia McMillan, President, said that the $700,000 which the company would obtain initially would be added to working capital. He added, however, that "should the need for additional facilities arise these pro¬ ceeds, or part of them, may be used for the acquiring additional buildings or equipment." purpose Mutual last October, amendment. would Thus, with retired be Co. below.—V. 172, p. 571. to a mortgage March of lien par 1951, 51.87 on these of 61.87 acres shares were changed value of $1 per share. by canceled the the prq- of shares 23,000 Series B preferred, present 50.000 the company would have unissued only 11,000 of ife authorized $100 par preferred shares.—V. 173, p. 1889. Ideal Plastic Corp., Hollis, L. I., N. the corporation has begun $5,000,000 a Y.—Expansion— spiraling demands of defense and consumer Chairman of the Board, announced on May a in of two month, 27. injection moulding machines service establishes the company as according with to Mr. capacity a Katz. cf about 1951—4 Mos.—1950 $23,933,694 $21,313,863 $96,502,752 $82,246,781 oper. revenues., oper. expenses. 18,432,783 16.281.814 from ry. oper. $5,500,911 $5,037,049 inc.- I.C2J .656 2.118,961 11,753,222 1,269,202 1,411,G20 5,183,347 Net railway income 173, oper. the ' 1951—Month—1950 Railway rev. 80 of pounds ,' f . Railway Net the to one 4,200,000 Illinois Central RR.—Earnings— Period End. April 30— to program giant already in the country, ' meet production, ' A, A?. expansion Katz, 74,485,324 63,090.530 $22,017,428 $19,156,251 ' 8 312,607 5,481;332 2089. p. Illinois Terminal RR.—Earnings— from Net ry. 1950 $925,606 $961,291 $1,054,314 196,696 211.183 210.51.3 354,959 80,696 90,948 97,465 170.019 3,770,672 3,471.412 3.907.621 4,146,191 727.258 574.726 873.568 1.252.166 275,645 233,091 421,523 579,189 oper. Net from Net ry. —V. income--. 1— Jan. from Gross 1948 1951 $1,005,907 from Net 1949 railway.— railway——... April— Gross . railway-— ; railway oper. income— 173, p. 1793. Imperial Brands, Inc.—Stock Sold—Floyd A. Allen & on May 14 offered and sold 40,000 shares of common The of the company's from no par value net proceeds will be used to purchase equipment. The V. company 173, P. was recently formed to baking of investors. machinery ' and sell Duncan Hines products.— 1989. Indiana Gas & Chemical Corp.—Calls Pfd. Stock— has called for redemption on July 2. 1951, gll of the outstanding $3 dividend cumulative preferred stock at $57.50 per share, 12. or v issued and sold to were and issuance the erecting of . 16,000 shares of series A preferred which This site. plant tOn Natural Gas present agreement, not later than maximum credit for these loans is dividends. first tA Georgia Natural Gas Co., Albany, Ga. Dismissed— pur¬ **■ B. H350.000 shs. July 31. 1951. The presently $300,000 at any one time existing. The company has made further application to increase such credit to $5,000,000; and has authorized "V-Loan" borrowing in such i latter amount. The current credit agreement requires approval of the financing institution and the guarantor before the company may create additional indebtedness, encumber Its assets, the be by the insurance company at par. stock at par ($1 per share) to a small group company's series B 4'/i> proposed issue Mutual W. the those as Life Insurance the of Co., under • amendment, common stock¬ waive their preemptive rights to subscribe for this stock. would chased guaranteed by the of the Army, and fluctuate under a revolving credit These loans currently bear interest at 5% and normally in 30 days after completion of the contract involved but, mature ' * j , stockholders has been called for June 18 common proposal program. Earnings— ' r . • Department Georgia & Florida RR. 1793. p. Refrigerator Co.—Plans Financing— a series B From Secured loans: 49' — L— exchanged Helicopters—Offering of Debentures—Mention in our issue of May 21 of the public offering $2,500,000 5% convertible income debentures due of 5/' and 5,632 same Penn made follow: General Telephone Corp.—Bozell to Retire— Harold 3,975 Net 173, p. 1752, was The He $105,248 income 1 holders —V. el.!.*** integrated system. In $1.26 $1.29 ;.v_., Earnings per share.——,.,. the corporation will .continue to operate its four in New Jersey ?Pennsylvania as a single program, 1,312,000 Capital shares outstanding-i_«— —V. $1,654,531 1,312,000 $1,692,767 .... — completed earlier. were subsidiaries principal the domestic properties. certain Subject to approval by the SEC, the agreement staff to $292,712 moulders Halliburton Oil Well Cementing Co. (& Subs.) —Earns. Prov. corporation $77,071 Addition . The 3,072,772 $89,820 Income— largest 3 1951—4 Mos.—1950 $3,178,020 taxes— special meeting of The railway..; oper, 173, RR.—Earnings Show Improvem't 1951—Month—1950 3,165,616 Under 1— Jan. from Net 1948 1949 IS50 1,900,226 income.. oper. Net by been appointed New collateral 3%% sink¬ ; * $3,458,328 ■ posed $7,182,692 railway... railway from ry. Gross May 25' dealing with on 1951 April— Net and 765,136 consider Of —..... Gross has Y., N. preferred stock. The Gulf, Mobile & Ohio RR.— -Earnings— a stockholder at the annual meeting the rotation of the place for the annual meeting, and another resolution introduced by a stockholder limiting the annual amount of compensation to officers of the corporation also were voted upon by the stockholders. The resolutions were defeated by votes of 34 to 1 and 21 to 1, respectively. The directors had stated that they favored votes against adoption of the resolu¬ tions.—V. 173, p. 2189. .1:: introduced resolution A held York, New $842,207 ■ 1,800,000 requirements.—V. 170, P. 205. taxes income From General Co., 771,498 and Hussman ■ bidding. 100;000 _ $57,620,722 6,406,794 4,920,167 2,362,470 —10,280,803 taxes..—— $22,554,949 $20,808,758 —'V. 100,000 — Hugoton Production Co.—Secondary Offering—A sec¬ ondary offering of 1,000 shares of common stock (par SI) was made on May 23 by Blyth & Co., Inc., at $28.75 per share, with a dealer's discount of 55 cents per share. It was quickly completed.—V. 171, p. 2097. $71,295,759 ——i income Earnings per on previously competitive Trust deficit The 1871. As at 250,000 —_ 15,772,000 for Provision 950.000 ; income- Net Penn ' $950,000 ■_ 150.000 ♦Income, charges 330,010 Capital shares outstanding..-.. City, Mo.—Registers With SEC May 24 filed a registration statement with the proposed offering of $5,400,000 first mortgage bonds, company for due $3,945,000 1.275,065 15,398,000 2,209,299 3 Months Ended Net Gas Service Co., Kansas Tiie $4,718,000 Sales Profit severally ■; - rev._ exps. Gross 1948 1949 1950 (II. L.) Green Co., Inc. (& Subs.)—Earnings— created by the resignation of John B. Gray," appointed Director of Industrial Relations. the and has each $861,318 oper. tual 1275. p. Co. Hudson & Manhattan the 15, June effective Treasurer, which Ry.—Earnings— 3,423,493 shares ♦After underwriters several 173, P. 2089. Bankers Oper. 10,681,000 ♦Earnings to Manager. elected been the debentures of follows: as ♦Exclusive of Interest income Common and John W. Corcoran has been elected Assistant tor of Manufacturing; Treasurer of names amounts are Period End. April 30— to the resignation of Milton W, Kleckner; Angus J. O'Brien, formerly Director of Manufacturing, has been elected Vice-President and Direc¬ R. $0.86 4,489,734 before Net Assistant to the President, fill the vacancy created formerly a less than $10 per share, and any such employee shall be approved by the Commissioner of Corpo¬ As yet, no such plan has been adopted or sales Co V. also Gross 19,754,000 revenues Frovision the following organ¬ Leeder, formerly ViceExecutive Vice-President by Mr. 630;000 209,500 -— railway... oper. Profit 35,000 Hochschild, Kohn Si Co., Inc.—N. Y. Paying Agent— 540,904 announced 25 May on effective changes President has President, Fisher, F. izations! See 535,719 1951 $4,676,000 815,420 Fiscal Year Ended Feb. 28-r Industries, Inc.—Organizational Changes— Wood -stock¬ exceed key 1950 Great Western Sugar Co.—Earnings— 173, p. 1275. to not such .... & and Oper. income— •Deficit—V. the certificates representing of sale to paying-agent for $2,950,000 mortgage ing fund bonds due Feb. 1, 1966. railway.-—r from Net distri¬ other •1 railway railway oper. ry. Gross Gar ; vi.: \ the EMPLOYEES—The KEY and stock Davis, Skaggs & Co Wilson, Johnson & Higgins.. 1,067,023 — any of ... Stone $0.80 —J.*.—; that year, in in price . Brothers 2189. payment National surrender of tion.—V. selected the shares of principal purchase to Lehman From Jan. 1— dividends. letter from Net fund purchase the FOR Blyth & Co., Inc $7,200,389 share_ 860. p. from Net authorized for California. respective 1,234,719 taxes shares per 173, income taxes—— April— preferred dividend requirements.- directors sold so of Non-oper. Partial Redemption— The participate to thereunder. $11,806,034 - —_ Federal and Grand Trunk Western 938,844 sh. —V. after of Earnings 1951—9 Mos.—1950 outstdg, per common profit Com¬ dividends thereon any dividend 6% a shares capital UNDERWRITERS—The 670,000 State before Number 1951—12 Mos>—1950 sales of malt— $25,305,100 $20,559,416 $34,566,100 $28,443,825 income after taxes.* 1,496,073 1,340,390 1,905,005 2,431,235 Net p. 1951 , —— Profit Froedtert Grain & Malting Co., 1889).—V. 713, p. Globe-Union, Inc.—Sales Up—Net Earnings Off- 1699. p. company's purchase plan The 732,958 $1.73 — (See V. 173, received Issuance the waived escrow, such York $1,269,340 721,456 —— for. subscribed 701,755 421,336 471,785 —— Capital shares outstanding— Earnings per share.— —v. offering of 10,C00 shares of $5 convertible preferred stock (par $15) to common stockholders of record April 30 at $100 per share expired on May 16 with all the stock 1949 1950 1951 in first PLAN approved the Hayden, The (& Subs.)—Earnings— Corporation California the in be agreed been has obtaining consents to of purpose Rutgers Fire Insurance & of employees and officers, and under such terms and employee stock purchase plan, as its board of directors may determine; provided that no such stock made amount not exceeding $10,000,000 of company with additional capital for 1792. P. Globe Stores Corp. held so right of PURCHASE have shares Burnham $210,000 3Vis in 1961. Franklin the assets STOCK holders an. announced on May was convertible of for 21 provide it purposes, record of V. in plans to issue company unsecured May 1, 1953 to 1961, inclusive, at 100 and accrued interest. 3%s in are waived shall Glidden Co., Cleveland, O—To Issue Notes— mature order the other shares have also stock Franciscan Sisters of the Immaculate Conception, Little $78,000 to so that, until they are released from escrow pursuant to of such Commissioner, they may not be sold or transferred the consent of such Commissioner; and Mr. Hiller has, so order liquidation until shares has been first refunded. 1889. bonds pursuant escrow the rations The corporation's until the 2089. p. Net 5.367.363 income 173, p. in the $10 the missioner, Gilchrist Co.—Earnings- $1,184,409 1,874,824 . 124,653 65,858 2,876.225 railway oper. 6.926 635 railway oper. from ry. Net railway- $611,192 222.613 54,136 of at and bution From Jan. 1— Gross $631,206 225,726 51,499 1945 $1,202,095 $1,393,245 409,928 195,423 also the caption "Stock Purchase Plan for Key Em¬ relating to the possible reservation for issue of up to such shares for sale to key employees of the com¬ See below, and 1949 1950 $1,760,090 411,548 150,595 1948 $628,242 228,361 Income— railway from Net —V. Fort Worth & Denver City Ry.—EarningsApril— $731,831 railway railway oper. Net Gross 1949 1950 From Jan. 1— Gross of exercise against issue for 35,000 additional of for ' S. F. from Net $20 at from Net notification with the stock (no par), to be of letter a class reserved arc pany. Georgia Southern & Florida Ry. April— Forbes & shares these debentures. penses, The of subscription warrants held by Blyth & Co., Inc., and Lehman Brothers, and 250,000 shares are reserved for issue against conversion of the 11250,000 1584. p. been have operation 1,316,751 168,480 2,102.243 $0.55 469,546 1,965,817 §65,000 Georgia Power Co.—Partial Redemption— Subs.)—Earns. (& 5 (2289) Financial Chronicle The Commercial-'and . 1951 1950 1949 $31,428,504 $18,373,133 $21,331,991 31—; ; income income Net . & Chemical Corp. Food Machinery Three Months Ended March Total . ment, corporation plus will (Ind.).—V. accrued be made dividends amountine to 79 cents per s*a~e.. Pay¬ at the Merchants National Bank of Terre Haute 172, p..183.0, • . •. ► 6 (2290) The Commercial and Financial Chronicle Net income Common ___________— shares tEarnings per •Includes taxes. come Inter As $4,98.^,481 2,008.260 equivalent TAfter to the amount The income of the Trust which is dis¬ ■*, 25% of unrealized appreciation. As result a this of the tax of trustees also optional an Mass.—V. & The sefies preferred B stock callable is at $26.25 share, per Investors Net proceeds net to are used be for and expansion had Florida on April 23, 1924, and long distance without of southwest Florida. part larger the to , EFFECT GIVING PRESENT TO stock, Preferred stock 173, (par (par $25) B • McCormick Fowler hut will remain as resigned 28 May on of , ...',» /c/.\{C_ V7*■ A $75,000,000 loan has been made by nine banks to to finance its major military production contracts. The ment ^n(j announced was by William 'J1 TC ELS til* 61*' Banks ings Illinois Bank National New Bank and the Bank York, of of the* First arc National Bank Northern the Trust i New Bank Harris all York, of Bank Co., Co., of City of New York, and Pittsburgh.-—V. 172, p. 936. the the Guaranty Chase Co. National • Bank and " ; corporation covering ($25 for International Minerals & Chemical Corp.—To Increase Capitalization — Proposed Acquisition — Stock Option A ;V';: / ■ stockholders chemical The directors by The will stock common creased recommend of the shares 500,000 stockholders change according company, will that to Louis the Ware, number corporation, par value to 2,500,000 shares. asked be to authorize President. authorized of $5 the issuance shares in¬ and 76,648 of the unissued shares of common stock of the corporation in connection with the acquisition of all the assets (and, assumption of liabilities) of Innis, Speiden & Co., a Delaware corporaThe . /■•;■ . plan board be of aggregate less that an approved. This plan to officers and key ' Speiden potash primarily caustic recommend and employees' would stock provide employees consists potash, which Co., the of was companies in founded the potash, 1816, and from tured of muriate of International Speiden pansion N. J., & potash, Minerals Co., and and processing of minerals Loss which .is forms of principal products business of Innis, Corp. The basis for natural a the the further ex¬ Co. of Net sales Costs —-v. and expenses— profit income Total income Deprec. and Retirement Prov. for ________ 973,084 based _ profit Earned of Total per 539,530 896,603 762,415 10,944,455 5,098,856 6,618,846 ™ dividends 483,475 5,831,267 —_ 483,475 5,831,267 89,518,739 483,475 5,831,267 483,475 5,831,267 Earned surplus end of J:. period $124,791,243 $100,713,256$103,934,631 $93,619,702 Earned per com, shares $0.97 $0.54 $0.84 $0 68 173, Net oper. $4,624,190 •12,280 154,469 104,916 764,945 avail, 489,771 income 815,743 •38,100 77,312 336,273 rev. Inc. from ry. oper._ for fxd. chgs. 705,2fl •Loss, NOTE—A ten strike of employees in Guatemala in April, 1951, caused of the company's operations in that country for a period days.—V. 173, p. 1890. . setting NOTE—Net The company Wash.—Registers Exchange Commission— ; May 31 on filed a registration statement with the SEC covering 6,000 shares of its $5.50 cumulative preferred st<jck_ The $4.75 is to be offered for public sale at $100 per share with a share underwriting commission. Paine, Webber, Jackson and & Webster Securities Corp., and Pacific Northwest Co Stone ^are named as principal underwriters.—V. 173, p. 201. sales ■ , Gross Net May 19/51 assets : assets Shares t. . 4S'% is for v . 2,632,069 interest the asset The as a Code. Irom paid per share $9 77 share announce '131 $8 72 $0^40 $0.60 that they have elected to qualify Edgar dent The effect Federal of income such taxes qualification for the will fiscal be year to relieve ended May to of group handle to higher services, is Cornish in properties much in taxes, the the larger and working Stores, sums steadily most of need to the to for New business spend more and wages, reduce profitable Inc.—Notes said operating cost3 directions.—V 172, | Placed Privately—Van the sale cumulative the would : these of expended for corporate of Kobacker . be the preferred stock be used all of of to /■ . reimburse the outstanding Kobacker Stores, Inc. and of v ) .. , stock notified were at $26 Trust of New Co. will redemption redeemed Midland notes purposes. preferr°d Period End. May 19— share per York.^V. April on that 14 June on 1, p. the at the 2090. 173, 1951 / >;:;'/ 1951—4 Wks.—1950 * - Sales 78,322,183 __™_™___L—_ v 1 1951—20 Wks.—1950 $ The • ■$ . S •$ number average of 65,348,458 382,896,354 compared to 2,134 in stores a operation ago.—V. year 173, at May 315,559,205 1951; 19, was 1989. p. Kropp Forge Co., Cicero, 111.—Registers With SEC— - company on May 25 Fled a registration statement with the covering a proposed public offering of 123,000 shares of comnoa stock, 33Mjc par valup, of which 9,276 shares will be offered for the account months ended , T %j . til P ' the stock continue has of /■.■■■■ April Aircraft the are now President in the of »• 172, -v. Corp., consideration, will Strukoff, who with his family. become holds Mr. the Net oper. 173, p. a Ry. oper. exps. Net of will Chase Net ry. —V. $12,669,383 1,753,732 8,372,690 7,120,865 $6,656,112 $5,548,513 654,077 598,770 2,643,940 for ry. 1951 from Net ry. p. 1948 ing, and Co., 152.937 201,597 238,070 The 56,322 84,077 83,619 space, 2,281,872 1.669.630 1,917,964 1,342.333 790.962 896,032 1,831,954 859,222 564,001 332,984 373,487 Mining two to 11V2 individuals. issue The shares Co., V. 154, Salt be City, Utah. is letter a assessable It is present the on underwritten The proceeds Lake City, notification Utah— with the v SEC stock This (par 10 centsl, to includes 96,091 shares options granted May 8, 1951, intention of the company that during the balance of 1951. W. D. Nebecker & Co. of Salt stock by are to be used to explore and develop -Assets Again Up— outstanding per 860,894 702,567 $25.12 $23.83 share Speculative Common Stock Fund S3— $9,485,805 $15,020,991 of shares value Combined outstanding per net on the 545,051 share assets $221,324,500, reported !: j 24 the of of award an for defense will be erected :* The B. F. build¬ Parrott ' additional fabrication by * * contract the 25,000 and of floor canvas duck feet square treatment of requirements. the addition to October.—V. or the 173, p. Glasgow plant will be completed ' 2090. / ry. an of 1,137,212 $17.40 the 10 increase of railway 1943 $763,729 $659,853 $592,514 292,113 252,002 223,309 railway oper. $604,709 101.399 163,231 167,233 138,855 110,912 2,621,698 2.153,562 2,112,775 2.575,197 income From Jan. 1— Gross from Net from Net ry. —V. railway.™ railway. _• * income___ 891.01S 603,183 403,993 693,b70 515,120 oper. 173, 447,953 270,934 382.329 1479. p. Lehigh Valley Coal Co.—Partial Redemption— This company has called for redemption on Aug. 1, 1951, out of in the sinking fund, $280,500 of first and refunding mortgage sinking fund gold bonds, 5% series of 1924, maturing Feb. 1, 1954, at moneys the and New Keystone Funds $13,546,100 on the over corresponding date last year.—V. 173, $13.21 April p. 30, 1951, York interest. Bank, Payment will be made at Phila¬ the Chestnut St., Philadelphia 6, Pa., or, at First National Bank, 2 Wall St., 15, N. Y—V. 173, p. 2090. of the 421 holder, at the Lehigh Valley RR.—Earnings— April— 1951 from Net ry. railway -railway— oper. from Net from ry. —V. $5,466,904 $6,010,337 $6,184,724 1,314,530 1,266,754 1,319,921 income™ 1949, 1948 532,286 812,600 685,305 509,634 24,720,490 20,640.454 23,343,201 25,588,927 4,569,912 2,109,996 From Jan. 1— Gross 1950 $6,191,842 1,177,267 from Net Net $207,778,400 1890. accrued National option Gross assets asset providing utilized S. from from Apr. 30, '51 Apr. 30, '50 $21,628,350 $16,744,257 assets_____ net Directors. of , Gross "•' Medium-Grade Bond Fund B2— value be U. by September 100% % of shares May on approximately $300,000, of Roanoke, Va. expected delphia Net asset Board Sons Co.—Contract Awarded— made was building, will other Net 246. p. properties. Number the of exercise the levied of Keystone Custodian Funds, Inc. net of Lehigh & New England RR.- -Earnings— April— • 1950 1949 : 1951 / capital share. per upon It will be will filed 17 of cents issuance assessment no May on at con¬ company. * Inc., Net 2094; p. ' for was securities ' Kentucky-Utah offered acquisition k: of a 325,344 income Files— be ) by President, director, and principal ad¬ George L. Ohrstrom has been as the Chairman Lees & costing $491,647 1949 1479. company of purchased The distribution ' V <- public no been building at the company's Glasgow, Va., plant. new a $444,095 1950 Tracerlab, Inc., in V. 173, The and and Announcement and covering 596,061 $0.30 145,070 specializes in the development, manufacture and dis¬ high quality electrical relays, principally for the aircraft industry. The company's relays are used in both civilian and military aircraft production. The company also manufactures and distributes special relays for industrial purposes. 132,856 railway railway oper, 173, $0.56 of $395,501 income___ from Net. —V. --490,338 $0.13 $4,529,553 ' company tribution for From Jan. 1— Gross 490,338 of Los Angeles, Calif.—Control— remains officer 341,053 railway railway oper. Clark F. director $615,898 from Net 273,691 490,338 $0.37 investment (James) April— from 86,568 490,338 outstdg._ $S,563,375 180,438 after „taxes_ 2,840,325 Kansas, Oklahoma & Gulf Ry,—Earnings— Net ' ' «. 1951—6 Mos.—1950 $2,401,200 the capital stock of this company has headed by G. L. Ohrstrom Associates. made 1890. p. s working "vV (New York), L. D. Sherman & Co. Angeles) are named as under¬ of The 1951—4 Mos.—1950 $2,903,377 $15,028,802 $1,149,646 income oper. 173, and (Los 1951—3 Mos.—1950 Leach Relay Co. All group elected $1,591,031 op. to * Apr. 30— shares ministrative Ry.—Earnings— $3,755,626 ry. Co. & added 1584. templated. 2,164,595 from rev. Morgan p. Earnings per share —V. 173, p. 567. Presi¬ 477. 1951—Month—1950 rev.™ Vice-President be \/ $4,459,230 income Capital balance Strukoff arid development activities engineering Period End. April 30— and 173, sales Joseph Ry. whl Lakey Foundry '& Machine Co.—Earnings— Net ; • West Kaiser-Frazer Kansas City Southern Executive proceeds combat company, the unnamed Michael Executive Vice-President.—V. as v. (director. the were Trenton, N. J, which transport plane, for which being negotiated with the Air Force. C-123 York), ' \ of /i/'.'.V1,; Period End. J ; an of Co. 1951, 30, Kropp ■ writers.—V. .v* t l (New $125,000. $363,302.—V. was E. shares Gearhardt, Kinnard & Otis, Inc. $0.19 of Raymond company's capital. 53.923 Stock Interest in Air¬ k / . purchased,, for succeeding head to , taxes The $1,815,818 % of Treasurer), 1950 $3,674,384 Income '.'.-'"'i contracts Chase, 3,870.225 4,267,584 2,006,113 4,074.672 , railway railway income oper. 1,684,654 1,281,529 173, p. 2090. Kings County Lighting Co. (& Subs.)—Earnings— Three Mos. End. March 31— Operating Trust Net the Trust "Earnings 1951 •After 31 the The 77 •$1.56 ( '»'/ Chase in KaiSer, of the regulated investment company under the Federal Internal Revenue of general stock Nil 61 216 9!7 value per trustees 533 984 and . from Holders 8. ; p. '347.336 for Federal four ''■,V7:7. originator substantial were $956,589 , 269,498 ______ Shareholders Net ; 173, ..1951 . 7. v • corporation the Net May 31/50 $3,283,307 ._ outstanding Dividends $0.73 Kaiser-Frazer Corp.—Acquires craft Firm— Total Boston—Assets Increased— Shelton 637,261 ___ taxes reserve a '' . Number Investment Trust of v> properties. •$95,264 637,261 requirements.- -V. . income , \ Total stock per Curtis, and business the for ______ $573,331 Net profit for the calendar year 1950 1345 and 1234, mine Interstate Telephone Co. of Spokane, With Securities and situation shares 948,010 534,000 _ share______ aside Lake ' ■ facilities these to the substantial a ample goods funds 2,035 ________ preferred dividend profit after Federal reserved the suspension of i3 stock¬ - . part of the corporation's diveri, when completed," he declared, „ 852,746 _____,7™_____ outstandings™ common share $5,038,000. 1951—4 Mos.—1950 $1,052,533 $4,831,188 1,134,443 Net Net $871,081 •9,585 with us sell are sales, Kroger Co.—Sales 20% Higher— ______ America—Earnings— 1951—Month—1950 revs to City "These Sons Co. 1950 " Kelley-Koett Manufacturing Co.—New Control— International Rys. of Central York management corporate "'•/ 1,107,331 ___ •After p.1793. Period End. April 30 the for Proceeds Jessop Steel Co.—Earnings Rise— See Ry. 1951 . . —V. & $25,816,036 $20,056,052 Quarter Ended March 31— Gross 97,536,906 ______-$131,105,985$107,027,998$110,299,373 $99,934,444 dividends 1 ■ Sales $8,329,015 $12,762,467 $10,415,705 98,698,933 corporation informed . promissory note due June 1, 1966 of The H. 5,237,572 116,374,595 this Chairman, ;/■, - SEC beginning surplus Common 1948 $14,731,390 surpl. period Preferred Subs.)— on income Net (& 1949 $28,892,437 $16,157,024 $22,436,682 $18,422,019 2,243,508 2,189,623 2,158,760 2,006,327 system taxes 1950 $28,498,183 $15,890,494 $22,130,451 $18,141,692 394,254 266,530 306,231 280,327 depletion— 7'7%7 Indianapolis plant_________ tAfter $65,216,266 $47,392,082 $55,624,831 $45,667,328 36,718,083 31,501,588 33,494,380 27,525,636 Operating Other Canada, Ltd. 1951 of urogram Knott, . Alstyne, Noel & Co. has placed privately with an insti¬ tutional investor a $1,500,000 3y4% promissory note due June 1, 1966, of this corporation, and a $450,000 3!/4% May 28 approved an $1,500,000 to $3,500,000 - 7____ shares •Loss. of International Nickel ' on 137677 7//.;7<7777Sv. H. with the current experience of many other corpo¬ reported, "the company's larger volume of sale3 resulted in correspondingly greater net income." He yet Kobacher preferred stock from 15,000 to 30,000 taxes___; income This of International in the chemical field and will implement the operations of its Potash Division," Mr, Ware said.—V. 173, p. .1989. 3 Mos. End. Mar. 31— of income tEarnings a one par be met either by increasong long-term preferred stock, or by both methods, the p. $4 28 Knott Mr. as the David contracts New common not that Jncrease Voted— from charges™ sale on Net manu¬ a has used be to are $4 56 ~ the at / _______ after Common pp. operates "In rations," may of in leave attributed with offered be 314,245 202,730 Jacobs Co.—Earnings— iaji Federal warehouse in a Chemical & therefore, Sales business refining and processing Chicago, 111. F. Eber«ladt & Co. acted as financial advisors to Innis, Speiden & Co. *7 ; "Potassium chemicals are important industrial chemicals, manufac¬ Jersey City, needs or 9 Months Ended March 31-*./. / the of one Its chlorinated It gums. is States. refining chlorine and chemicals, and industrial waxes and facturing plant at Niagara Falls, N. Y., plant in to proceeds held indebtedness the authorized notification of stock special meeting a Earnings per common in United manufacture, carbonated letter a preferred 311,120 344,656 diversification planning. still Marine an • , & chemical at by sale company said.—V. 173, option for the .7 purchase to not exceeding 100,000 shares of common stock at not 95% of their market value at the time of the granting of options. Innis, oldest also options filed 310,245 202,739 ; announced hotels develop p. 2025. V'vvV>'<,77;7'' ':7//7;;7 of than such will authorized issuance '' 1, - . $1,178,260 constantly considering new properties and now have several prospects in view," Mr. Knott said. He added that the and underwriting. The buildings in Israel. of company's financial obligations ex¬ of tion. July on 799,600 $1,234,771 _____ _c_____ 24. York City, with formerly diverted shares, par $100. None of the preferred stock has been issued. This places the company in position to obtain funds to take care of its expanding business. Profit be share, per the in (F. L.) meeting of stockholders will be held June 27 to consider proposals, including the acquisition of Innis, Speiden & Co., a three are out-of-town "will for first National Construction Corp., Los An¬ without and an increase in .7y7i7 • mature of bank loans and for . I-T-E Circuit Breaker Co.—Debt special potash of - . . 2127. p. May ,18 shares of improvement increase The plan— 172, on 7,719 share), per the The Sav¬ York,-the First National Mellon to and Commission $5,000,000 would be used to pay off temporary construction.—V. SEC Con¬ Trust be Power bidding geles, Calif.—Files With SEC— " 1 of Chicago, Trust and Chicago; the of New the Trust Co., 1 National Trust National City the City & company loan arrange¬ Vice-President Odell Jr., * participating tinental of recently this "We and May on sification Financing— . The ! Federal 1,106,000 . completed, means dollars ' Borrows from Banks— the to sell at competitive dated July 1, 1951, Israel American Board, the to The proceeds Resigns— Chairman as director.- a bonds applied and 1989. p. recently 1981. new International Harvester Co.—McCormick has company mortgage 13,000 shs. 26,220 shs. — $25)— (par The authority to issue 10,000 shs. —__________ expansion no Arms 1276, p. by holders 31, Iowa Public Service Co.—Plans Bond profits taxes__ common share™ per 173, ' 92^828 70,886 excess Knott Hotels Corp.—To Continue Expansion— 1951, on which date the group certificate holders and shareholders.— 518,500 : : 2090. p. March and for income The , Outstanding $25) series stock, Common —V. series A approximately 173, FINANCING . Preferred V. of income 1949 $36,672,527 $35,227,865 2,411,657 2,070,688 taxes Preferred dividend paid___.____ $1,365,485 of as 1950 income Common dividends paid_ Common shares outstanding 1949 $6,454,411 - this" corporation, its subsidiary investment cer¬ and its affiliated mutual investment companies assets companies $820,153,104 were BUSINESS—Company, incorporated in furnishes telephone service, both local CAPITALIZATION 1950 - net tificate Improvements, and for other corporate purposes. competition income Total Subs.)—Earnings— etc. Diversified Services, Inc.—Net Increased— Calendar Years— plus dividends. PROCEEDS—The Net —V. cumulative preferred accrued before Provision 173, p. 660. (& Monday, June 4, 1951 . —______ Earnings April publicly offered 3,000 shares of 5% stock, series B, at par ($25persh). Co. in sales Profit plan Stock Offered—Florida Securities Corp. and H. W. Free¬ man Kinney Co., Inc. . Year Ended Dec. 31— Net Interest, reserve. announce (G. R.) ■ which will permit shareholders to reinvest their quarterly dividends in additional shares of the Trust or to acquire additional shares each month by making monthly investments through the State Street Trust Co. of Boston, Telegraph Co.—Preferred Telephone & County all on change, the liquidating value of the Trust's shares will be increased by for¬ after making provision for estimated Federal in¬ preferred dividend requirements.—V. 172, p. 2431. ana future years, shareholders, to regulated investment company It will no longer be necessary to from the market value of the Trust's assets a tax reserve a deduct $2.46 received from dividends and investment from $3,935,661 2,008,260 $1.94 $2.37 share—___ common income — all tributed no^oi ™52*i $4,801,853 2,008,260 _______ outstanding eign companies, — 195* March 31— Months Ended for and Ingersoll-Rand Co.—Earnings 3 • . Common after shares per taxes and chgs. outstanding common share____ 1951 1950 1949 $1,480,421 revenues income $1,531,452 $1,436,608 148,414 140,030 119,985 440,000 440,000 440,000 $0.27 $0.21 $0.29 preferred dividend requirements.—V. 172, p 1136. Lone Star Cement Corp.—Par Value $10 per Share— On May 18. the stockholders voted to change the authorized corfimon stock from 1,000.000 shares of no par value to 3,000,000 shares at $10 par value, share of the held. new three It new had shares to be been shares would issued in exchange for previously stated in be $3 per share.—V. error each that the 173, p. 2190. no par par value Volume 173 Number 5017 . . The Commercial and Financial Chronicle . (2291) Liberty Products Corp.—Loan Placed Privately—Rob¬ Simon, President, on May 29, announced the closing of a $1,250,000 10-year loan to the corporation by The Equitable Life Assurance Society of the United States. - Midland Valley ert Part of the proceeds of the loan totaling $937,000 and the balance will will be be used to added Gross Net to Gross Mr. Simon stated that the present backlog of business was the largest in many years and that the demand for the products of the corpora¬ tion, leading a aircraft, manufacturer steadily was of precision rising.—V. 172, Gross Net from Net ry. railway— Net 19,557 36,420 39,751 *11,518 16,396 13,243 676,205 631,876 208,533 84,001 158,315 688,231 210,111 ry. 43,540 76,114 railway. railway— from Net military 717,527 173, , 234,618 income— oper. "Deficit.—V. 103,205 $1,569,605 $1,555,404 557,840 $1 ,673,273 258,819 corporation on May 18 covering 125,000 shares of per 1948 share, SEC— filed letter of stock a to be notification with the The cents create 294,589 660,688 228,994 308,459 develop 722,461 common without mines underwriting. Stevens County, in the as and underwriting terms purpose.- The 1949 Noyes, Graham, Parsons & Co., of New York, has been principal underwriter. The public offering price of the are to be sunplied by amendment. The company proposes to apply the proceeds of the financing to the retirement of its presently outstanding cumulative preferred shares (par $50). 414% series, and 3.8%. series, of which there are outstanding 18,200 shares and 29,475 shares, respectively, at the respective redemption prices of $51.50 per share and $52 per share, or $2,470,000 in the aggregate, plus cumulative dividends. It is also proposed by the company to retire outstanding bank loans aggregating $6,000,000, tne proceeds of which were used for the financing of current inventory requirements. Any then remaining balance of the proceeds would be added to working capital and be available lor any proper corporate stock 1479. p. SEC 1950 » 665,553 income— cper. $173,500 61,056 1348 . from 2127. p. $1,950,502 railway— for -Earnings- 1951 from parts 1949 $161,556 Mines Management, Inc.—Files With Louisiana & Arkansas Ry. April— machine from 1950 $142,297 30,684 railway railway— ry. oper. income-— From Jan. 1— ' ' an Hemphill, named 1951 $195,183 from Net RFC loan working capital. repay RR.—Earnings— April— The offered at proceeds Wash.—V. to are 172, 50 be an (par - 1534. p. i stockholders to used 7 shares $100) and from June on authorized to 15 issue of incrfcase . will vote 150,000 the on 2,000,000 shares.—V. approving shares authorized 173, of a proposal to preferred stock new stock common to 2,100,000 1991. p. From Jan. 1— Gross from • Net ry. railway.— railway from Net —V. 7,783,288 6,366,471 6,118,367 2,612,810 2,177,556 2, 619,075 910,057 1,249,075 1,029,644 173, Minneapolis-Honeywell Regulator Co.—Conversions— 6,,242,563 2,784,326 income—1 1, 091,478 oper. The 2090. p. company May 31 announced that With the exception of approximately 120 shares, all of its 3.20% convertible preference stock, called for redemption on June 1, 1951,-has been converted. The con¬ version of capital —V. 173, stock $1). (par request a to request covering the not $109 at Mission 24. The corporation Lukens Steel Co.—Earnings— Net sales — Profit before Prov. for Net income income income taxes—. taxes— —V. 173, proceeds $35,477,950 of $2,010,353 share-. $324,985 317,976 317,976 $1.02 $7.60 revenues 1951—Month—1950 $2,147,376 —, ?xpenses L594.861 ... ,t Net 6,387,791 1,293,829 131,374 6,205,325 classes 829,695 firmed. ~ 173,547 26,212 «^V. $235,645 ——_ (rtls., int., etc.) 173, 101,662 ; 102,740 S727;033 ; , 44,867 $149,840 had 103,803 that > the An appeal the Manufacturers subject to approval of approval (New York plant Co. pending. The the $36*-,209 state that of the. bid a ■' to the court, of '/ ' the May V Day organization 29.)—V. ICC •, _ (The has company accrued 916 Euclid called preferred dividends. for shares Payment , ; ■ 168, redemption at will sales . Net loss Earnings $100 be per " to pany in 1, 1951, all out¬ plus $7.50 per share the Cleveland Trust Co- 1596. p. The ' 34,652 1 40,484 ._ borrowed $5,832 to are 172, 1,134,229 $0.57 ' ' ' , of of record June share per was Unfilled with gaged in 15. additional an used 1951. made orders othsr A for the quarterly March on hand on substantial $4,680,000 company's cash from be program the RFC in to 10 cents quart?? of 1950, approximately prospect. involving each of The the $20,000,000 corporation is en¬ construction of new a "After of to vote Oct. 23 on a proposal to incVease the from 2,000,000 shares to 2,500,000 shares. Murray, Jr., Chairman, intimated that the additional stock place the company in a position to raise new capital by offering rights to stockholders.—V. 173, p. 762. J. would McLoughlin Bros., Inc., Springfield, Mass.—Control— of this books, has been corporation. acquired by a 123-year-old New York publisher inv^ jnent of juvenile consisting of Jennis M. Doroshaw, David Berdon ar.!. way Levine, through the purchase of more than 90% of the company's outstanding capital stock, it was announced by Mr. Doroshaw on May 28. With the passing of control, Watson B. Laughton, President for the last 11 years, has resigned, but will continue with the corporation Chairman succeeded as of its the advisory new board of directors. minus Montana-Dakota Subs.)—Earnings— Three Months Ended March 31— sales __ Net income Common shares "Earnings "After after per share preferred dividend 1950 $6,420,674 539,553 661,535 1,650,000 outstanding x. requirements.—V. , 170, p. $0.39 1084, to change change a that the fund will be its management.—V. following specified: its its in name manage¬ diversified investment a that John Fund, has and director G. Nesbett, President Dreyfus & Co., joined of the Dreyfus Fund and 172, p. 1346. subsidiaries to make Arlington of bank Gas this System borrowings Light Co., May on 26 aggregating $1,200,000; received " SEC $7,150,000, Central as 173, The borrowings to are be made from The National City New Bank York, and will be represented by promissory notes of the rowing companies maturing May 1, 1952. Of the proceeds of borrowings, $1,025,000 is to be used to pay off bank notes; of bor¬ the $3,418,800 for construction; with the and $2,706,200 distribution half of of for natural 1951,—V. 173, conversion expected gas costs to be in connection available 2190. p. New England Telephone p". 2091. authorized additional all to book It this in the • com¬ the be properties acquired adjustments. to expeeted 777,850 the close issued close The of the of capital business June 12 business of share and date stock that July on for & Telegraph record June. on and share) per one of 8, the 10. to that two the right The the Co.—Rights— subscription stockholders subscription subscribe to offering will rights will be at will expire at be the subscription price will stockholders each for present right to subscribe 173, p. 2191. shares have will be at par the owned.—V. the New Orleans & Northeastern April— -' facilities Gross $708,774.— Net from ry. . . ! from Net '. that shares on ($100 for is- $4,770,389 cost ' is facilities. compressor estimated are & Gross Co., Inc.—Earnings— taxes 1951 RR.—Earnings 1951 railway— railway income— ,'M 1949 $382,436 X 1348 $995,661 551,816 488,059 353,993 406,034 158,848 224,345 148,707 .164,904 railwayrailway 4,307,373 3,494,791 3,378,228 4,062,347 1,915,860 1,454,615 618,425 614,1.1.6 1,411,956 595,318 1,779,732 income— ■ $13,506,392 $9,458,449 6,502,378 dividend 1,650,000 $0.32 —V. $1.42 $2.02 requirements.—V. % 173, 1990. p. oper. Gross Period End. April 30— •„ J Ry, oper. rev oper. exps.—— Net from 1949 1943 $243,929 $342,463 $159,760 20,345 46,171 127,894 Net ry. —'V. 38,875 p. 77,208 232,759 152,419 132,754 245,115 223,715 Morris Paper Mills—Partial Redemption— Chicago, Chicago, 111.—V. 170, p. 1398. Mutual Trust, Kansas The City, Mo.—Net Asset Value, etc. assets of this fund on May 22 amounted to $2,083,677 and per share (192,514 shares outstanding) was $10.83, offering price at $11.77 per share. asset value the A quarterly calendar income dividend stockholders cents for 1950, year and of 21.15 Trust of the total a of share per record first cents from was cents 12 May two 1951. 28, of quarters 46.32 declared, was cents This will this year. paid was from payable make 8,844,377 8,559,894 income— 2,154,278 2,438,124 24,770,501 1,483,480 1951—Month—1950 1951—4 Mos.—1950 $13,188,140 $12,006,062 $51,881,105 $44,352,290 1,229,300 1,103,000 4,642,700 3,591,000 Other ry. tax accruals632,078 601,705 2,525,961 2,370,826 Net ry. oper. income 1,960,077 2,169,061 6,892,502 7,319,645 Net income 1,599,132 1,814,639 5,450,773 5,913,496 —V. 173, p. 1795. S. income taxes New York, New Haven C; Dumaine, Grolon, Mass., at the & President Hartford and RR.—Obituary— Chairman, of 85.—V. 173, p. 2092. age created Nov. Norfolk died on May 27 at Gross from the In Net ry. 2, 1944. Net (& Wholly-Owned Subs.)— Operating revenues — 1951 — income $7,305,637 1,010,652 — 956,629 434,500 ——. taxes Common shares "Earnings "After per from 335,255 —V. 173, preferred dividend requirements.—V. 171, ■ . See Phoenix Industries Corp. 47,015 3,677,204 2,855,508 2,919,924 2,945,580 917,717 525,272 642,588 586,643 286.423 183,276 207,377 190,733 number at May of 19, 1,394,563 Net ry. $0.43 in 1951 ry. —V. railway railway oper. 173, vertible series, on May 29 $100 par. 1948 * • , 63,544,333 47,857,576 56,598,157 53 ,142,387 18.109,53& 11,129,955 15,584,426 14 ,210,949 8,358,341 6,832,280 9,504,962 9 ,126,806 income 1991, p. 1951—20 Wks.—1950 $ $ decreased from filed of a registration cumulative $ 652 in SEC— on May 28 filed a letter of notification with t)ie covering a maximum of 9,317 shares of 60-cent dividend series preferred stock (par $5), to be issued in connection with the proposed acquisition of the assets of Citizen's Loan Corp. 1950 to The except Citizens the preferred with shares, the con¬ 9,317 stock, thereof will can Loan Corp., signature of $26,042 in cash. statement preference American Acceptance Corp.—Files With SEC 23,366,020 139,967,906 113,917,761 operation shares 1949 corporation maximum 120,000 • from from The 195L company covering 1950 ~ Registers Preference Shares With SEC— The Ry.—Earnings— From Jan. 1— Gross 2199. P. 18.46%— 1951—4 Wks.—1950 27,680,196 stores 1991. p. North — income— be^w.—V. 173, p. 2091. National Tea Co.—Sales Increased 1 railway railway from Proposed Acquisition, \ 49,806 railway $16,572,823 $14,384,833 $16,335,913 $11 ,147,535 railway— 5,037,301 .1,628,683 5,629,203 2 ,445,484 oper. jncome_— 2,382,600 3,044,146 3,376,794 1 ,579,764 Net Net ■ 42,182 from Net Etc.— 88,110 Norfolk & Western 1,394,563 — — income— April— $621,374 share National Power & Light Co. 162,041 oper. $576,152 — outstanding—— common $753,767 169,996 oper. $0.40 — 1943 $730,431 111,613 from Gross income 1949 $701,376 270,913 1950 $7,778,380 *—. Profit before inccme taxes. Federal 1950 $980,409 — From Jan. 1— Gross Quarter Ended March 31-— 1951 railwayrailway from Net dividend Southern Ry.^-Earnings— April— NeL ry. SEC 27,238,750 "209,393 173, p. 2191. New York, Chicago & St. Louis RR.—Net Off— a capital gains. National City Lines, Inc. 627 $ net net with $ from ry. oper. oper. Frederic the 56,885,691 Period End. April 30— Gross income U. i":!!;.:-7 South Dearborn St., ry. "Deficit.—V. .307,746 This company has called for redemption on June 30, 1951, 850 4%% cumulative preferred shares at $52.50 per share plus 59% cents per share. Payment will be made at the First National Bank of 38 ! 59,193,520 259,178,042 223,658,976 50,633,626 231,939,292 198,888,475 49,243 984,421 132,185 1990. 88,556 626,506 52,742 income— oper. 173, 40,399 836,747 railway. railway—— from 1951—4 Mos.—1950 $ 65,730,068 16,790 railway— from Net Net 1950 $231,050 railway- RR.—Earnings 1951—Month—1950 ■ Net rev. 1951 from 777,252 173, p. 2092. New York Central 6,502,378 $1.40 ry. $9,602,904 6,502,378 share— from from Net 1949 or J. for a either preferred; plus $2.30 in cash; or (c) Baltimore, E. of Blair North minimum For each receive Acceptance of shares $10 of (ai Md., in plans to the amount American of 6,000 sell all of a $5.50 in cash.—V. a for of share share 173, p. of a convertible said s'ock pi investment certificates of its assets, $63 413, Acceptance shares seven-tenths of four-tenths / rJf 1950 $953,744 $1,169,069 oper. Net 1950 $25,486,392 $14,543,449 $14,762,904 11,980,000 5,035,000 5,160,000 outstanding A 1 Massachusetts Co., $400,000; Gloucester Gas Light Co., $500,000; Maiden & Melrose Gas Light Co., $3,000,000; Northampton Gas Light Co., $400,000; Salem Gas Light Co., $1,400,000, and Wachusett Gas Co., Montour RR.—Earnings— The 1951 $7,153,174 — taxes— common 24 • Period End. May 19— Net voted 23 New England, Electric System—Bank Borrowings— The latter three companies operating interconnections between the facilities or April— Sales (& Inter¬ of operate $ Mead Johnson & Co. is solvent the May authorize $250,000. group committee. Mr. Laughton has been President by Mr. Berdon. Messrs. Doroshaw, Berdon and constitute of still is to on to Vice-President as Ry. Net Control and the plus common class Mutual McKesson & Robbins, Inc.—To Increase Capitalization Levine cost income per 24 stock MOP returned held.—V. May build to acquire 1950, shares to are he serve authorization Gas opposing plan will assist in of study. construct income Net of as 30, for 15 W. will on Months Ended April 30— Profit before income taxes—— total common Those the and however, mean, effect. be now facilities to and Montgomery Ward June of. approximately 100 000 square feet at Old Forge, Pa. and increase of floor area in New York City to more than 150.000 square feet in leased premises to provide for this greatly increased volume of business.—V. 171, p. 464. ■ stockholders stock gas acquired, by 1990. p. an The should further Commission natural built plant authorized 10 the order. 3 commercial airplane distribution *15, last, and in amounted contracts expansion an the fund of the company at $612,out the common "stock and provide for shares of proposed new class B stock for ry. oper. Income From Jan. 1— Bank be by and Dreyfus, Jr., senior partner of Dreyfus & Co., members York Stock Exchange, was elected President and a director and the Dreyfus Corp., which will manage the fund. capitalization Wyoming, total Sept. Gross 478. p. plan Net • Leander, President, announces that the directors have declared dividend of 4%,.in lieu of cash, payable July 6 to stockholders stock Inc. J. wipe three Power company 173, ;$642,682 (W. L.) Maxson Corp.—Declares 4% Stock Dividend— H. A. a of - and Estimated . proceeds all 26,169 - 1,134,229 ;i — ' National been put. into 668,851 & Trust Co., Pittsburgh, Pa„ on 4% promissory notes, thus increasing its indebtedness to these two $13,057,181, of which $10,257,181 has been supplied by the RFC and $2,800,000 by the bank. The Fund company of the open-end type and director of the former Nesbett voting automatically con¬ not-necessarily be for the to program.—V. Jack the New Billings (Mont.) Gas Co. and Big Horn Gas Co., of Basin, Wyo., and part of the facilities ofJrhe Rocky Mountain Gas Co.; of Casper, Wyo. $5,693,507 $10,577,404 Nil has fixes would to be "Earnings 1950 secured lenders ment. of Inc.—Changes Its Name— stockholders of this fund the' Dreyfus and 'r approved original approval of directors contend that shares of preferred properties Common 1951 1 profit.- company the Mellon to of underwriter.— ' Tf v Commission acquire Provision share The would Court's also Montana July on at ! Baok Loans Increased— and common' stock principal have 129 220 From Jan. 1— • "Net the Pfd. Stock— ... outstanding would 1949 $621,806 210,425 762. p. Nesbett Fund, The loans, St. confirmation a. company's Federal to K ■ ———————————— per the as of , share, made — shares it plan plan It seven The as Co.—Earnings— Profit from operations— Income charges (net)— Capital bank repay shares Montana-Dakota Utilities Co.—Acquisitions Approved *'■ Martin Three Mos. Ended March 31— Net to 1950 $886,506 116,043 taxes the sinking of announced. 848. p. • . Ave., Cleveland 1, Ohio.—V. 164, (Glenn L.) at plan reorganization exchange each V. • Marshall Drug Co., Inc.—Calls 5% standing 5% with 15-year at Corp., bankrupts of Cleveland, Ohio, bankruptcy court and trustee. Bankruptcy of Cleveland, Ohio, will recommend the "Herald-Tribune" . used purchase immediately the Commerce the (Del.)—Sale at Auction Discount Hadden, ' ■ of named Court the appeal of $6C7,560 k . A. statement $12,000,000 Co. is the would could 414,708 $48,837 of plan plan The Distillery John OH Co. approved $768,717 406,508 Falling Creek, Va., consisting of about 1-5 acres w.th four main buildings having a total ef 37,500 square feet and including machinery and equipment, was knocked down to Julius S. Peck, of the Peck Iron & Metal Co., Inc., a Portsmouth, Va., metals firm, for $42,000 at an aution sale conducted by Stephen A. McDonald, Vice-President of Joseph F. Day, auctioneer. The "property was sold for the Manufacturers Trading Corp. and trustee registration January, showed that it was security holders and -creditors. of Confirmation 41,054 $1,032,328 , 101,003 $131,842 —— Manufacturers Trading Corp. Dixie a be to 173, income Nedick's, Inc.—Proposed Sale—See Phoenix Industries Corp. below—V. 144, p. 458. .... 000,000. The & will 1951 $802,140 before June t 1990. p. —V. ; revenue income 1891. i. "■ ■ Judge George H. Moore has authority to confirm the plan if decides" it- adequately provides for the interests of those classes security holders which rejected the plan. 166,789 $1,037,461!" $133,869 11.140 !. !■; 9,971 ...• income 1951, on p. * and classes and Net 29, 173, of sale used were District December 14 1,491,137 ~r $224,505! V last the Deduct, offering Dillon the $8,031,592 tents$Q,.89& income May company Louis, Mo., has set June 25 as the date for a hearing to determine whether the ICC reorgani¬ zation plan for this company should be confirmed. Objections to, the confirmation of the plan must be filed by June 15. * ! *! The results of the balloting on the plan, which was conducted 1951—4 Mos.—19>0 14,834 .income Gross the Net 1966. Associated Federal $8,952,617 (Drx^'y^r^:1 6,993; oper income.!' ry. Other rents the 2190. p. The $1,846,599 290,121 Equipment Joint fac, by dividends.—V. Missouri Pacific RR.—Hearing June 25— Maine Central RR.—Earnings— Taxes accrued filed 24 public due which Water 178, $2,415,969 317,976 $6.32 ; . Perlod End. Apr. 30- Operating Operating of Eastman, V. 1,780,700 May on proposed of Tide 4,196,669 259,200 661. p. business redeemed were plus of Three Months Ended March 31— Gross Mr. Dreyfus announced —_! per the Proceeds 4,093,300 Capital shs. outstanding—., Earnings debentures, Apr. 16,'49 Apr. 15,'50 $35,069,886 $19,887,412 6,103,653 584,185 — for fund Apr. 14,'51 share, close Corp.—Registers With SEC— SEC 24 Weeks Ended— converted per the of as shares May on 1700. p. the 1951, expired registra¬ 750,000 granted was shares 1, withdraw 16 April on This privilege and Loyalta Oils, Ltd.—Withdraws Statement— The- company on May 22 filed tion statement filed with the SEC Natomas Co.—Earnings— on owned, hoi of North NAA 1701. 6 (2290) The Commercial and Financial Chronicle and Ingersoll-Rand Co.—Earnings 3 Months ♦Net Ended March income Common —— shares tJSarnings income taxes. 2,008,260 $2.37 2,008,260 $1.94 2,008,260 $2.46 received dividends and investment from tAfter Telephone County for¬ from & Co. amount The the The sefies B preferred callable is stock Improvements, proceeds net to are for other corporate and share, per :~v.\ used for plus be competition the to CAPITALIZATION GIVING v. Preferred 173, (par $25)—. series B stock, stock Common —V. series A stock, (par $25) McCormick Fowler but will remain as resigned May 28 on A to $75,000,000 finance ment Treasurer ctxid '*■* **w *'* arc Illinois Bank National New the of Trust Co., the the 173, p. 660. Bank Northern the City of City & *. ' Trust Trust Harris Co., all Co., Chicago, cf Trust New the and Pittsburgh.—V. 172, p. Mellon its affiliated March 518,500 172, the per the 31, A Sav¬ 1951, on 2127. p. special three will stock by change of the stockholders in the the May shares will of to be The of letter a preferred (hat & Co., value shares. $5 of be the issuance at the all of the the (and assets board be will also authorized of aggregate recommend that an approved. This plan and options to officers and key employees' stock option would provide for the to purchase an of not exceeding 100,000 shares of common stock at not less than 95% of their market value at the time of the granting of such options. ■'■y-.'t;.//' . Innis, oldest & Co., which was founded in 1816, is one of the chemical companies in the United States. Its business consists of the manufacture, refining and processing of potash, carbonated potash, - chlorine and chlorinated minerals and chemicals, and industrial waxes and gums. It operates a manu¬ facturing plant at Niagara Falls, N. Y., a refining and processing plant in Jersey City, N. J., and a warehouse in Chicago, 111. F. Eberfitadt Co. acted "Potassium tured of . in position from muriate International Speiden & financial advisors to Innis, as chemicals Co., of important jge potash, Minerals & therefore, Speiden & Co, industrial stock chemicals, the of one a ■ obtain to principal products Corp.- The business of Innis, natural basis for the further ex¬ of International in the chemical field and will implement the operations of its Potash Division," Mr, Ware said.—V. 173, p. 1989. Nickel Net sales Costs —— and _ profit income —— — Total and Retirement Prov. 36,718,083 . funds 10,944,455 profit Earned of Total Sales Net Common 896,609 5,098,856 762,415 $14,731,390 $8,329,015 6,618,846 98,698,983 dividends 89,518,739 483,475 483,475 483,475 5,831,267 5,831,267 5,831,267 Earned surplus end of period —$124,791,243 $100,713,256$103,984,631 $93,619,702 — Earned —V. per shares com. $0.97 oper. $0.54 of Central revs Net for $871,081 •9,585 fxd. chgs. income $1,052,533 154,469 $0.84 Federal $4,624,190 764,945 $4,831,188 104,916 489,771 815,743 77,3.12 336,273 705,2x1 aside Wash.—Registers Exchange Commission— - . The company on May 31 filed a registration statement with the SEC covering 6,000 shares of its $5.50 cumulative preferred stock. $4.75 per be offered for public sale at $100 per share with a share underwriting commission. Paine, Webber, Jackson and & Webster Securities Corp., and Pacific Northwest Stone Co. ^are named as principal underwriters.—V. 173, p. Gross Net 201. 49% is $3,283,307 2,632,069 outstanding Net The paid trustees 533 984 per ~~ '131 $g 77 that they have elected to $8 72 $q'60 share announce $0*40 qualify the Trust regulated investment company under the Federal Internal Revenue The effect of such qualification will be to relieve the Trust from Federal income taxes for the fiscal year ended May 31, 1951, as a Code. ..j- Shelton of when the of group handle to and the Cornish corporation's completed," he properties much of diveri, declared, in- the ; New business properties. / "* the current experience of many other corpo¬ reported, "the company's larger volume of sales resulted in correspondingly greater net income." He develop and to higher services, management is business in 2025. taxes, larger steadily the most / ■ the and working need to ' V. ■ . spend more said and wages, reduce operating costs directions.—V profitable ■ to for sums 172, ' ■ • , : , .. % - . Kobacher Stores, Inc.—Notes Placed Privately—Van Alstyne, Noel & Co. has placed privately with an insti-f a $1,500,000 3V4% promissory note due 1, 1966, of this corporation, and a $450,000 3V4% promissory note due June 1, 1966 of The H. Kobacker & Sons Co. Proceeds Y funds the for of general Holders stock the from corporate sale expended cumulative corporate of the would of will be used to reimburse redemption of ail of the outstanding preferred stock of Kobacker Stores, Inc. and purposes. . stock preferred at Trust Midland notes the redeemed be these for of Co. share per . " . April 011 June on York.—V. New , notified were $26 173, -p. ' that 14 1, 1951 ■) the at the 2090. Period End. May 19— • "j ' ' ' , Sales $' —— to of 2,134 ■ S • in operation at May ago.—V. 173, p. 1989. year '. . 65,348,458 382,896,354 stores a V. ; , < 1951—20 Wks.—1950 $ 78,322,183 — number average • . 1951—4 Wks.—1950 " \ '$ . 315,559,205 19, 1951; wa$ Kropp Forge Co., Cicero, 111.—Registers With SEC— - The company on May 25 fled a registration statement with the, covering a proposed public offering of 123,000 shares of 'common stock, 33V3C par value, of which 9,276 shares will be offerpd for the : 53.929 *$1.56 - . Federal Income r interest in Chase originator Edgar KaiSer, of the stock continue "v are in the "V, of a with his engineering and Executive Vice-President.—V. Corp., Strukoff, 173, will who become holds family. the income Period End. April 30— oper. exps.„ Net Net from rev. ry. —V. ry. $0.56 the of $6,656,112 490,338 - .$0.30 for stock G. by investment this of L. and remains officer director the of and specializes company in the of and con- principal Ohrstrom L. Board has ad¬ been, Directors. of development, the is securities v director, George company. Chairman of ! purchased by a acquisition was - President, as The distribution -''v. ' Clark been Associates. public no '< F. has company Ohrstrom manufacture and dis-, of high quality electrical relays, principally for the aircraft The company's relays are used in both civilian and military aircraft production. The company also manufactures and distributes special relays for industrial purposes. •/,' industry. $5,548,513 2,643,940 145,070 • i capital headed The 598,770 $4,529,558 490,338 tribution $12,669,383 $1,149,646 $2,569,375 273,691 1951—4 Mos.—1950 $1,591,031 op. ':A: * 1951—6 Mos.—1950 $2,401,200 Leach Relay Co. of Los Angeles, Calif.—Control— 7,120,865 2,840,325 654,077 " W-'.V. 1890. p. 1951—3 Mos.—1950 $0.18 ministrative 8,372,690 (New York), L. D. Sherman & Co. Angeles) are named as under¬ r * 86,568 elected 1,753,732 working (Los 490,338 templated. $2,903,377 $15,028,802 to $0.37 All will 2,164,595 income— oper. 173., $3,755,626 added 490,338 group made 477. 1951—Month—1950 rev— oper. Vice-President and be 180,438 Presi¬ Kansas City Southern Ry.—Earnings— Ry. wiil after ,taxes_ Joseph Ry. Co. $4,459,230 — Net balance Strukoff Mr. & 1584. Period End. Apr. 30— sales Net .: development activities of Chase p. Executive proceeds :" —V. 173, p. 567. W*st Kaiser-Frazer Michael Morgan p. Capital „ Trenton, N. J, which transport plane, for which being negotiated with the Air Force. now and 173, combat company, the « consideration, the shares outstdg.. Earnings per share— • , •' ' unnamed an of Co, C-123 succeeding head to Aircraft the of President Chase, * • for of Lakey Foundry '& Machine Co.—Earnings— '•■■■ ''/'I' .. purchased, York), writers.—V. Corp.—Acquires - Stock Interest in Air¬ has (director, ■ shares Gearhardt, Kinnard & Otis, Inc. $125,000. ■#: ... Raymond E. Kropp company's capital. $0.19 of . substantial contracts dent The (New taxes of Treasurer). *347.336 v for reserve a account : 1950 $1,815,818 (James) Lees & Announcement Kansas, Oklahoma & Gulf Ry.—Earnings— April 1951 . from Net from Net ry. 1950 Sons Co.—Contract Awarded— $615,898 $395,501 341,053 152,937 income— 132,856 56,322 $444,095 $491,647 201,597 238,070 The 84,077 83,619 space, t From Jan. 1— Gross from Net ry. —V. and from Net railway railway- 173, 2,281,872 1,342.333 „_ income oper. Co., 1.669.630 1,917,964 790.962 896,032 564,001 332,984 373,487 | It 1,831,954 by 859,222 the at costing and made was building new a ing, 1948 '■ 1949 railway— railway oper. for approximately Inc., of Roanoke, May on 24 building,: providing an fabrication be is U. utilized expected September for defense S. the of / ' additional 25,000 and of floor canvas duck feet square of treatment addition the to 173, p. Glasgow plant will be 1479. p. Tracerlab, Inc., in V. 173, 2094; p. Kentucky-Utah Mining April— > V. 154, Gross Co., Salt Lake City, Utah— ' from ry. covering 596,061 offered at for shares 11V2 to two assessment individuals. issue will will filed is letter a of notification with SEC the Gross from from Net ry- assessable share. per exercise the levied capital of present the on underwritten (par 10 cent$t, to includes 96,091 shares This options granted intention stock by stock W. of the May D. to are be used Medium-Grade Bond Fund B2— to explore and develop Apr. 30, '51 x. value were $221,324,500, reported on the share assets an of 2.153,562 2,112,775 403,993 270,934 2,575,197 891.018 603,183 515,120 447,953 ' 693,870 382.329 ' ). 1479. p. and accrued interest. Payment will made be at the Phila¬ National option New York Bank, 421 Chestnut St., Philadelphia 6, Pa., or, at holder, at the First National Bank, 2 Wall St., 15, N. Y.—V. 173, p. 2090. , of the $23.83 $9,485,805 $15,020,991 545,051 ... the increase Keystone of corresponding date 1,137,212 $17.40 — 10 Funds $13,546,100 last Lehigh Valley RR. 702,567 $25.12 outstanding per 2,621.698 railway company has called for redemption on Aug. 1, 1951, out of in the sinking fund, $280,500 of first and refunding mortgage sinking fund gold bonds, 5% series of 1924, maturing Feb. 1, 1954, at on the over year.—V. 173, p. 30, 1951, from Net ry. railway -railway— 1950 1949 1948 $5,466,904 $6,010,337 $6,184,724= 1,314,530 1,266,754 1.319,921 oper. 532,286 812,600 695,305 509,634. 24,720,490 20,640,454 23,343,201 25,588,927 4,569,912 3,870,225 4,267,584 4,074,672 2,109,996 1,684,654 2,006,113 1,281,529 income— From Jan. 1— Gross from Net from Net $207,778,400 1890. 1951 1,177,267 from Net $13.21 April -Earnings— $6,191,842 AprilGross ' net % 110,912 railway—income— Apr. 30, '50 860,894 . assets asset 191,399 138,855 This the Speculative Common Stock Fund S3— Combined 223,309 $21,628,350 $16,744,257 Number of shares outstanding Net asset value per share— net 252,002 167,233 $604,709 moneys 100%% assets 292,113 163,231 income— oper. 173, delphia net $592,514 Lehigh Valley Coal Co.—Partial Redemption— that the balance of 1951. Nebecker & Co. of Salt properties. The proceeds —V. 1951, 8, company during Keystone Custodian Funds, Inc.—Assets Again Up— Total < 1943 $659,853 railway oper. 1 1949 1950 $763,729 • of upon It be be City, Utah. 17 cents issuance no The May on railway P'rom Jan. 1— Net company 1951 - from Net 246. p. Files— be completed 2090. Lehigh & New England RR.—Earnings— The contract the requirements. October.—V. or award company's Glasgow, Va., plant. The build¬ $300,000, will be erected by B. F. Parrott Va. : ' " ' ' ; will other the of 325,644 ' 6l'216 g17 asset value per share— Dividends $956,589 . 269,498 Shareholders i3 stock¬ Knott goods the Nil 8. p. ^ corporation the Net May 19,'51 May 31.'50 assets corporation informed 637,281 173, 1951 taxes— ' ' • Total Boston—Assets Increased— assets Shares income 1234. Number of shares Investment Trust of facilities these to with the part substantial a yet the situation for that sales for the four months ended April 30, 1951, were Net profit for the calendar year 1950 was $363,302.—V. 172, 1345 and mine Interstate Telephone Co. of Spokane, Curtis, with sell are sales, *$95,264 $3,674,384 -' .-v.'.;./,'.-',, 1,134,443 *38,100 With Securities and Mr. as this of Chairman, - to City "These ample diverted not Expansion— program Knott, . York us with common The $0.73 requirements.- -V. -7-•' share common Lake to "In H. contracts New leave rations," Net NOTE—A strike of employees in Guatemala in April, 1951, caused the suspension of the company's operations in that country for a period of ten days.—V. 173, p. 1890. is formerly — 637,261 preferred dividend after per reserved stock 7, $573,331 , share.—_s_— common Kaiser-Frazer 1951—4 Mos.—1950 •Loss, The City, $0 68 *12,280 - David Kroger Co.—Sales 20% Higher— 948,010 _ America—Earnings— 1951—Month—1950 from ry. oper._ rev. avail, still 1950 852,746 NOTE—Net pp. See International Rys. Inc. its Kelley-Koett Manufacturing Co.—New Control— Period End. April 30- Net of care 534,000 —_ $5,038,000. 173, p.1793, Ry. take plant—— „ per profit Gross 97,536,906 5,831,267 — in planning, "will This . outstandings •After setting $12,762,467 $10,415,705 483,475 — diversification 5,237,572 ——$131,105,985$107,027,998$110,299,373 $99,934,444 dividends announced 2,035 compared -.—; Earnings as 1948 $4 23 June ; Jessop Steel Co.—Earnings Rise— beginning surplus Preferred 539,530 —116,374,595 surpl. period (& Subs.) — 1949 on income Net to 1951 Quarter Ended March 31— — $55,624,831 $45,667,328 31,501,588 33,494,380 27,525,636 973,084 — for taxes based 1950 $28,892,437 $16,157,024 $22,436,682 $18,422,019 2,243,508 2,189,623 2,158,760 2,006,327 depletion— system Canada, Ltd. $28,498,183 $15,890,494 $22,130,451 $18,141,692 394,254 266,530 306,231 280,327 income Deprec. of 202,739 $4.56 ; constantly considering new properties and now have several prospects in view," Mr. Knott said. He added that the hotels York $65,216,266 $47,392,082 expenses-— Operating Other Co. 1951 314,245 202,739 SEC of International issued. 1,107,331 craft Firm— ■ pansion 3 Mos. End. Mar. 31— used be to are been March 31— Indianapolis tAfter manufac¬ Chemical forms has taxes—, shares •Loss. This which .is are out-of-town shares income tEarnings Speiden caustic of income Common potash primarliy on "We has and completed, May 24. means holders $25,816,036 $20,056,052 :i employees 311,120 344,656 par preferred stock from 15,000 to 30,000 preferred charges—— sale on Net ex¬ of • The Loss Federal Delaware corpora¬ a ' issuance at special meeting held on May 28 approved an indebtedness from $1,500,000 to $3,500,000 a None 9 Months Ended in¬ and stock common $1,178,260 310,245 1989. expansion no . authorize shares share, per $1,234,771 — Jacobs Co.—Earnings— after par by Marine consider to 799,600 paid__—* the with offered be proceeds -vj— in connection with the acquisition of assumption of liabilities) of Innis, Speiden & Co., plan to needs may be met either by increasong long-term by sale of preferred stock, or by both methods, the company said.—V. 173, p. 1376. v %, > Profit corporation tion, 27 Speiden 92,828 1,106,000 taxes— Knott Hotels Corp.—To Continue The or Sales■. to unissued June Innis, notification of stock financial a 2,500,000 asked the held of 70,886 profits common share p. and expanding business. obligations (F.. L.) be 173, attributed Construction Corp., Los An¬ filed ,18 the authorized company to Louis Ware, President. the number of authorized shares corporation, shares 76,648 will * Option Stock — income sification Financing— company's in $100, par places and the increase an shares, . acquisition according recommend of 500,000 stockholders The ' stockholders company, directors common creased of including chemical The of meeting proposals, potash Acquisition ' shareholders.— and . share), without underwriting. The improvement of buildings in Israel. increase and 936.v',* Proposed — $1,365,485 investment cer¬ investment companies which date the group mutual ■ Plan— ^ excess tutional investor International Minerals & Chemical Corp.—To Increase Capitalization 1949 $6,454,411 certificate i holders on 7,719 and dividends paid —^ Common shares outstanding — subsidiary I-T-E Circuit Breaker Co.—Debt .Increase Voted— The Chase Bank National income 1949 $36,672,527 $35,227,865 2,411,657 2,070,688 ' Common p. corporation taxes for recently construction.—V. for of York, corporation, its of as 1950 income Services, Inc.—Net Increased— proceeds would be used to pay off temporary bank loans and for ($25 Con¬ and Chicago; of Net Boston, 2090. p. covering ( Bank of Vice-President Odell Jr., * and (& Subs.)—Earnings— 31— Preferred dividend making company The National by 1950 this" of Dec. etc. Provision ■ ^ assets SEC banks to this company contracts. The loan arrange¬ '. ^ , ?1rst to Kinney Co., Inc. Monday, June 4, 1951 . — before Interest, by geles, Calif.—Files With SEC— - :■ R. increased be Profit this of result a sales . optional an Israel American National nine by As , New York, the Guaranty Trust Co; the National City Bank of New York, the First National York, of \ • National and Bank Bank made production recently by William participating Banks ings been major military announced was tinental of its has loan (G. R.) Year Ended Net reserve reserve. announce approximately The of the Board, * appreciation. tax a dollars ' Borrows from Banks— assets 1981. Resigns— Chairman as director: a dis¬ plan which will permit reinvest their quarterly dividends in additional shares $820,153,104 new Harvester Co.—McCormick is has applied to the Federal Power Commission for authority to issue and sell at competitive bidding $5,000,000 of first mortgage bonds to be dated July 1, 1951, and to mature on July 1, 1276. p. International also companies The 13,000 shs. 26,220 shs. — „ $25)_. (par which Arms 10,000 shs. — Trust's Iowa Public Service Co.—Plans Bond Outstanding Preferred the tax of net 173, FINANCING PRESENT TO EFFECT the income had incorporated in Florida on April 23, 1924, service, both local and long distance without larger part of southwest Florida. telephone of unrealized Investors Diversified were BUSINESS—-Company, furnishes of value Calendar Years— tificate purposes. Trust Earnings per Net and the —V. Total expansion of or to acquire additional shares each month investments through the State Street Trust Co. Mass.—V. ,, i PROCEEDS—The $26.25 at dividends. income Trust monthly cumulative preferred stock, accrued all on market 25% trustees shareholders April publicly offered 3,000 shares of 5% series B, at par ($25persh). in the to Stock Offered—Florida Securities Corp. and H. W. Free¬ man future years, shareholders. change, the liquidating value of the Trust's shares, will the Telegraph Co.—Preferred & all regulated investment company it will no longer be necessary to equivalent of Inter a deduct after making provision for estimated ^Federal in¬ preferred dividend requirements.—V, 172, p, 2481. eign companies, and come $4,983,481 share—.1 from As $3,935,661 . for tributed to 1949 1950 $4,801,853 — outstanding common per •Includes — 1951 31— . ry. railway railway oper. — income —V. 173, p. 2090. Kings County Lighting Co. Three Mos. End. March 31— Operating Net Common shares ■•Earnings •After after per taxes and chgs.— outstanding common : share 1951 1950 $1,531,452 $1,436,608 148,414 440,000 140,030 119,985 440.000 440.000 $0.29 $0.27 Lone 1949 $1,480,421 revenues income (& Subs.)—Earnings— preferred dividend requirements.—V. 172, p. 1136. - $0.21 Star Cement Corp.—Par Value $10 per Share— On May 18. the stockholders voted to change stock from 1.0C0.000 shares of no par value to par value, share of the held. new three It new had shares been to be issued in the authorized common 3,000,000 shares exchange for each at $10 no par previously stated in error that the par value shares would be $3 per share.—V. 173, p. 2190. Volume 173 Number 5017 . . The Commercial and Financial Chronicle . (2291) Liberty Products Corp.—Loan Placed Privately—Rob¬ Simon, President, on May 29, announced the closing of a $1,250,000 10-year loan to the corporation by The Equitable Life Assurance Society of the United States. . Midland Valley ert Part of the proceeds of the loan totaling $937,000 and the balance Mr. In used added to aircraft, parts April— ry. railway— ry. •Deficit.—V. 19,557 36,420 39,751 16,396 13,243 676,205 631,876 688.231 208,533 84,001 158,315 210,111 43,540 76,114 . 103,205 1479. May 18 SEC covering 125,000 shares of 1949 1948 $1,555,404 $1,673,273 660,688 228,994 557,840 258,819 308,459 letter a Graham, Parsons & principal underwriter. underwriting terms The company proposes retirement of its Co., of New York, has been, public offering price of the supplied by amendment. The to are be to apply the proceeds of the financing to the presently outstanding cumulative prefer:ed shares (par $50). 4% % series, and 3.8% series, of which there are outstanding 18,200 shares and 29,475 shares, respectively, at the respective redemp¬ tion Rrices the of $51.50 aggregate, plus to share per cumulative retire of company proceeds which requirements. added to and used then remaining capital for and the be share, per It bank loans were Any $52 (dividends. outstanding working SEC— of stock common share, without underwriting. develop mines in Stevens County, Noyes, the as and The notification to be offered proceeds with at the The cents 50 be to are create stockholders an to (par - used shares and 294,589 Wash.—V. 172, 1534. p. • from June on authorized $100) to issue 15 financing balance 2,000,000 vote 150,000 the of lor on 173, proceeds any in the would be corporate proper of a proposal to preferred stock new stock common 1991. p. by approving shares authorized shares.—V. proposed $6,000,000, tne current inventory the of available will of increase $2,470,000 or also is aggregating purpose.- filed on per 722,461 $173,500 *11,518 234,618 p. corporation stock 30,684 717,527 173, 1343 61,056 income... oper. The 1950 665,553 income cper. ; railway railway from Net military $1,569,605 , $1,950,502 railway—.: 1949 $161,556 from Net Ry.—Earnings— 1951 from from Gross 2127. p. 1950 $142,297 Mines Management, Inc.—Files With Louisiana & Arkansas Gross 172, for Hemphill, named 1951 $195,183 from railway Net from railway Net ry. oper. Income an that the present backlog of business was the largest that the demand for the products of the corpora¬ manufacturer of precision machine steadily rising.—V. was Gross From Jan. 1— RFC loan working capital. repay to and years leading a Net be be Simon stated many tion, Net will will RR.—Earnings— April— 7 * to 2,100,000 ■ From Jan. 1— Gross-from Net from Net ry. ~V. railway railway 7,783,288 6,366,471 6,118,367 2,612,810 2,177,556 2,619,075 910,057 1,249,075 1,029,644 Minneapolis-Honeywell 6,242,563 2,784,326 . 1,091,478 income__;_ oper. The 173, p. 2090. Loyalta Oils, Ltd.—Withdraws Statement— The- company on May 22 filed tion statement filed with the SEC of capital stock ipar $1). This —V. 173, a request withdraw to April on 16 request covering the Mission 24. The 24 Weeks Ended— corporation Net sales Profit before Prov. for income income taxes— debentures, r Apr. 15,'50 Co.—Conversions— that with the exception proceeds Apr. 16,'49 of of of Tide the Water 173, a registration statement $12,000,000 of be to Oil with 15-year used to Co. is purchase named 173, Net income - $2,010,353 loans, the shares of stock common 317,976 $1.02 $7.60 ... underwriter.— Federal the as Period End. Apr. 30— Operating Operating date 52,147,376 — $8,952,617 1,491,137 173,547 6,387,791, 1,293,829 15,993' 14.834 131,874 26,212 101,652 " 290,121 Equipment rents Joint rents fac. <Dtk 1 , .7 Net ry. oper income^! Other > income $224.5057'. 11,140 , . $139,869 to 9,971 44,867 that 41,'1)54 Gross income Deduct, $235,645 (rtls., int., etc.) }, ; 103,803 Jack 414,768 appeal pending.v The $363,209 state . and that Dixie about 15 Distillery w.tb acres plant Co. four at the (Del.)—Sale at Auction Falling Creek, Va., consisting the New the fund of John of approval (New to of the Cleveland, the court, "Herald-Tribune" . the holders plan the it plan and ICC reorgani¬ Objections of May Ohio, to company's have authority for the the The ? has company standing 5% If all the voting automatically con¬ been to confirm interests the of if he classes of plan those Day fixes also would of the of contend further mean, the out shares preferred of that be i • ■ called preferred for shares (Glenn L.) The Federal 168, pi still is to is solvent the Inter¬ Income Net charges redemption $100 at per The will company Estimated as of be 173, class new held.—V. now on acquire and total Sept. 30, of the B stock The New May 24 authorized operate all the facilities be to this com¬ of •Net is- for the- National $0.57 Net is the per share dividend A Net $9,458,449 6,502,378 close share made was Unfilled orders other on hand on substantial gaged in an plant of approximately expansion increase of floor in leased " 173, 1990. p. in each of 10 quarter of ry. ry_ a in provide increased 1949 1948 $342,463 stockholders authorized stock common J. Murray, would place the Jr., Oct. from rights to stockholders.—V. intimated position a 173, on 2,000,000 Chairman, company in 23 a proposal shares to that the to raise new to 20,345 46,171 127,894 33,8^5 40,399 88,556 in&ease 2,500,000 the shares. additional stock capital by offering books, has Jennis purchase stock, it this been M. corporation. acquired Doroshaw, of more than by a New David 90% 123-year-old York Berdon the of publisher of 626,506 984,421 juvenile group consisting Levine, through the company's outstanding capital a ay announced was by Mr. Doroshaw on May 28. control. Watson B. Laughton, President for the last 11 years, has resigned, but will continue with the corporation I as Chairman of its advisory committee. Mr. Laughton has been succeeded as President by Mr. Berdon. Messrs. Doroshaw, Berdon and With the passing constitute of the new board of directors. 77,208 232,759 132,754 245,115 223,715 will be at made the First National 1951, 850 4%% 59% Bank cents of (& 15 to total of 24 calendar income dividend stockholders for cents 1950, year and of Mutual Trust of record first May two created Nov. was per share 28, income Common after shares •Earnings per ♦After 661,535 539,553 1,650,000 $0.39 $0.32 a requirements.—V. 170, p. 1084. bank notes; costs to Bank the of proceeds be of bor¬ of the $3,418,800 in connection available in the 2190. date stock to for the present 1951 Co.—Rights— subscription offering stockholders RR.-—Earniiigs- > 1950 1949 1948 $953,744 $1,169,069 $382,436 $995,C61 551,818 488,059 353,903 406,034 158,848 224,345 148,707 164,904 4,303,373 3,494,791 3,378,228 4,062,547 1,915,860 618,425 1.454,615 1,411,956 595,318 1,779,732 income™ income of quarters This Profit oper. : oper. ■. 777,252 exps 1951—4 Mos.—1950 $ 65,730,068 , $ $ 59,193,520 259,178,042 50,633,626 231,939,292 56,885,691 from ry. oper. rev. -Earnings— $ ■' • . rev.™ ry. 223,658,976 198,888,475 8,844,377 8,559,894 27,238,750 24,770,501 2,154,278 income. oper. ♦Deficit.—V. 2,438,124 •209,393 1,483,480 173, p..2191. New York, Chicago & St. Louis RR.—Net OffPeriod End. April 30— Gross income 1951—Mbnth—1950 1951—4 Mos.—1950 $13,188,140 $12,006,062 $51,881,105 $44,352,290 1,229,300 1,103,000 4,642,700 3,591,000 Other ry. tax accruals.. 632,078 601,705 2,525,961 2,370,826 Net ry. oper. income 1,960,077 2,169,061 6,892,502 7,319,645 Net income 1,599,132 1,814,639 5,450,773 5,913,496 —V. 173, p. 1795. V S. income —— taxes. - New York, New C. Haven Dumaine, Grolon, Mats., at tile this Norfolk make year. from a Net from the Net ry. In dividend & President Hartford RR.—Obituary— and of 85.—-V. age Chairman, 173, p. 2092. died on May 27 at revenues (& Wholly-Owned Subs.)— income 1951 .———;!— taxes— income Common shares •Earnings ♦After ^ 956,629 434,500 per 335,255 1,394,563 $621;374 1,394,563 $0.40 — $0.43 $576,152 — outstanding.. share— common preferred dividend requirements.—V. oper. from ry. 171. See Phoenix Industries Corp. Proposed Acquisition, below.—V. 173, p. 2091. National Tea Co.—Sales Increased at 27,680,196 number of May 19, stores 195L 23,366,020 in operation $ 139,967,906 from company covering 652 113,917,761 in 1950 to >, vertible series, on May 120,000 $100 29 par. filed cf a registration cumulative Net 2,855,508 2,919,924 2,945,550 917,717 525,272 642,588 586,648 286.423 183,276 207,377 190,7321 Net ry. shares, 1950 1949 1948 oper. $16,572,823 $14,384,833 $16,335,913 $11 ,147,535 5,037,301 -1,628,683 5,629,203 2 ,445,484 income... 2,382,600 ,3,044,146 3,376,794 1 ,379,764 From Jan. 1— from from ry. —V, railway.™ 63,544,333 47,857,576 56,598,157 53 ,142,337 18.109,539 11,129,955 15,584,426 14 ,219,9491 8,358,341 6,832,280 9,594,962 9 ,126,806 railway income oper. 173, 1991. p. corporation Acceptance Corp.—Files With SEC— May 28 filed a letter of notification with the maximum of 9,317 shares of 60-cent dividend series on covering a preferred stock (par $5), to be issued in cohnection with the proposed of the assets of Citizen's Loan Corp. The except Citizens the con¬ thereof can Loan Corp., signature the of 9,317 stock, $26,042 in cash. with Ry.—Earnings— railway railway from preferred statement preference 47,015 1951 from maximum shares 49,806 acquisition Registers Preference Shares With SEC— The 42,182 1991. SEC $ decreased 88,110 Norfolk & Western The " ; 1951—20 Wks.—1950 $ 162,041 3,677,204 Income...- North American 18.46%— 1951—4 Wks.—1950 ' 1943 $753,767 169,996 April— Net — 1949 $730,431 111,613 income... railway —V. 17-3, p. Gross 2199. p. 1950 >/ $701,376 270,913 railway.... oper. Net National Power & Light Co. Etc.— 1951 $980,409 1950 $7,305,637 1,010,652 , Ry.—Earnings- railway railway...... from Net —$7,778,380 _— taxes.:., Southern From Jan. 1— Gross 2, 1944. City Lines, Inc. before inccme Federal SEC RR.- 1951—Month—1950 ' payable will paid was Quarter Ended March 31— Operating 627 614,1.1.6 2092. p. April— Gross from $6,420,674 1,650,000 share preferred dividend 1950 $7,153,174 outstanding off pay City notes the conversion expected gas record ' " oper. Net National The 1951 taxes common Value, etc. declared, was 1951. of 46.32 cents capital gains. total a cents from 21.15 cents 12 the Period End. May 19— Subs.)—Earnings— ... to for National Of per Chicago, Chicago, IJlfi—V. 170, p. 1398. $ Mead Johnson & Co. The promissory 1952. June. on New York Central U. of this fund on May 22 amounted to $2,083,677 and value per share (192,514 shares outstanding) was $10.83, offering price at $11.77 per share. June Sales Three Months Ended March 31— Net sales by 12 Period End. April 30— 307,746 152,419 132,185 iny^.ment ar^, the railway™. railway 173, Gross McLoughlin Bros., Inc., Springfield, Mass.—Control— of SEC 49,243 836,747 52,742 ! asset quarterly Net Control received 16,790 762. p. 26 net assets the A ; are.to vote p. capital from from $159,760 1990. p. Payment net with volume ■ McKesson & Robbins, Inc.—To Increase Capitalization The the new to greatly 173, railway railway..^,. oper. ry. —V. Net 1950 $243,929 income oper. 173, The 1950. $20,000,000 corporation is en¬ this ' ' from Net 1951 Mutual Trust, Kansas City, Mo.—Net Asset cents approximately prospect. The involving the construction of ior from 1, used natural of business June Frederic square l'eet at Old Forge, Pa. and New York City to more than 150.000 square 464. be to that Ry. $231,050 railway railway 38 South Dearborn St., 100 000 area 171, p. to in program premises business.—V. amounted contracts distribution made May $2,706,200 of from Net $1.42 Morris Paper Mills—Partial Redemption— Leander, President, announces that the directors have declared stoclj dividend of; 4%,.in lieu of cash, payable July 6 to stockholders quarterly cash March *15, last, and of on Gross 6,502,378 A. A be New Orleans & Northeastern $9,602,904 $1.40 This company has called for redemption on June 30, cumulative preferred shares at $52.50 per share plus (W. L.) Maxson Corp.—Declares 4% Stock Dividend— 1951. May on 5,160,000 $2.02 ____ requirements.—V. from share. 15. System represented 1951.—V. shares April— RR.—Earnings— ' from —V. ' '• June be and expected Net 1949 $14,762,904 6,502,378 outstanding common class Net RFC & promissory notes, record this will be at 8, that the subscription rights will be and that the right to subscribe will expire at the close of business on July 10. The subscription price will be at par ($100 per share) and stockholders will have the right to subscribe for one share for each two shares owned.—V. 173, p. 2191. the issued From Jan. 1— from of 777,850 Net 1950 $13,506,392 shares, railway.... from railway.^. ry. oper. income— Net Trust Co., Pittsburgh, Pa., on 4% thus increasing its indebtedness to these two lenders to $13,057,181, of which $10,257,181 has been supplied by the RFC and $2,800,000 by the bank. ; The proceeds are to be used for the company's commercial airplane program.—V. 172, p. 478. secured taxes from Gross $4,680,000 of New England Telephone & Telegraph Gross $25,486,392 $14,543,449 11,980,000 5,035,000 ____ income Gross * additional un Bank 172, p. 1346. maturing distribution half Net 1951 taxes. April— v. • of Light to are will Ry. 1,134,229 Nil April 30— income Montour Bank Loans Increased— and companies construction; with $4,770,389 ' income for "'After ;$642,682 - Nesbett, President joined Dreyfus & Co., the Dreyfus Fund and has director bank Gas i " has borrowed before •Earnings '1950 $5,832 : company the Mellon Profit Provision 1,134,229 —i„. profit.- The 3 Months Ended Co.. $5,693,507 $10,577,404 34,652 668,851 40,484 26,169 share per Trust Net ^ _ outstanding Fund, and the Montgomery Ward & Co., Inc.—Earnings— 1951, all out¬ plus $7.50 per share Common ______ make borrowings York, It properties acquired ' - to Arlington borrowings, $1,025,000 is for plus or minus book adjustments. The facilities Montana-Dakota are estimated to cost $708,774.— by 1990. Nesbett borrowings aggregating $7,150,000, as Co., $1,200,000; Central Massachusetts Gas Co., $400,000; Gloucester Gas Light Co., $500,000; Maiden & Melrose Gas Light Co., $3,000,000; Northampton Gas Light Co., $400,000; Salem Gas Light Co., $1,400,000, and Wachusett Gas Co., p[ 2091. 173, 1950, built p. cost former Vice-President From Jan. 1— July" 1, on share, 2—i,' ™ ___ shares Earnings Net director a $612,provide for and Co.—Acquisitions Approved Commission the as following subsidiaries specified: Billings (Mont.) Gas Co, and Big Horn Gas Co., of Basin, Wyo., and part of the facilities of-The Rocky Mountain Gas Co.* of Casper, Wyo. 848. 31—1951 (net)__ loss Capital Levine President and New England, Electric System—Bank Borrowings— The Pfd. Stock— Profit from operations of elected was at company 'stock natural gas facilities of three companies operating Wyoming, to construct interconnections between the properties to be acquired, and to build additional compressor facilities. ' . Power of serve authorization rowing pany to acquire in Montana and Martin Co.—Earnings— Three Mos. Ended March Net sales._____ _ W. Exchange, the assist in its management.—V. latter the of common proposed * stock MOP returned however, opposing study. capitalization wipe three shares seven to 29.)—V. dividends.Payment will be made at the Cleveland 916 Euclid Ave,, Cleveland 1, Ohio.—V. 164, p. 1596. of on $250,000. not. necessarily should plan for Montana-Dakota Utilities will accrued feet fund the plan. directors Commission plan It director , an and will of recommend the organization announced. Marshall Drug Co., Inc.—Calls 5% with this 15. -creditors. would would the. reorganization ICC V. . the 25 main Hadden, V ,, whether confirmed. June of Bankruptcy A. the. bid York ;■ per Inc.—Changes Its Name— of York Stock and set immediately be put. into effect. Those appeal a; confirmation order. of the Court's original approval of the plan exchange each buildings having a total of 37,500 square feet and Including machinery and equipment, was knocked down to Julius S. Peck, of the Peck Iron & Metal Co., Inc., a Portsmouth, Va., metals firm, for $42,000 at an aution sale conducted by Stephen A. McDonald, Vice-President of Joseph F. Day, auctioneer. The "property was sold for the Manufacturers Trading Corp. and the Manufacturers Discount Corp., bankrupts of Cleveland, Ohio, subject to approval of a bankruptcy court and trustee. trustee security :of Commerce The Manufacturers Trading Corp. The of 129,220 Fund J. and has would $6C7,5G0 $48,837 should be Mo., could An 1990. p. plan plan 000,000. H. 1949 $621,806 210,425 May 23 voted to change its name Inc. and to authorize a change in its manage¬ Dreyfus, Jr., senior partner of Dreyfus & Co., members Dreyfus ment. balloting on the plan, which was conducted January, showed that it was approved by 10 of of approved $760,717 406,500 ,■ - v. income 173, $1,032,328 101,003 $131,842 "■■■ ■ Net $149,840 Louis, ... the the a 1950 $886,506 116,043 . 762. p. stockholders the the and Confirmation $727,033. St. determine to company Judge George H. Moore has decides^ it" adequately provides .Security holders which rejected 166,703 102,740 • had at plan must be filed by June firmed. 829,695 9, of classes classes 6,205,325 . 14 Court hearing the December the $8,031,592 $1,037,461 ... a this results last 1951—4 Mos.—1950 $1,845,599 1.594,861 . for plan for The .20,896 ?xpenses District confirmation of US]—Month—1950 revenues Taxes and taxes. Dreyfus Corp., which will manage the fund. Dreyfus announced that the fund will be a diversified investment company of the open-end type and that John G. Missouri Pacific RR.—Hearing June 25^— The Maine Central RR. —Earnings- s income Nesbett Fund, of principal " $2,415,969 317,976 $6.32 — $324,985 317,976 —- zation , before the The bank repay the as 1951 $802,140 revenue income —V. sinking Co. Associated & will used were Dillon Net Nedick's, Inc.—Proposed Sale—See Phoenix Industries Corp. below—V. 144, p. 458. of sale Three Months Ended March 31— Gross 1966. offering 2190. p. filed 24 public due which Eastman, V. May on proposed Natomas Co.—Earnings— of Mr. Capital shs. outstanding. Earnings per share— —V. 173, p. 661. ~-V. the Proceeds $35,069,886 $19,887,412 $35,477,950 6,103,653 584,185 4,196,669 4,093,300 259,200 1,780,700 taxes—— for fund Apr. 14,*51 Regulator announced Corp.—Registers With SEC— SEC Lukens Steel Co.—Earnings— 31 shares May on 1700. p. May on registra¬ 750,000 granted was company approximately 120 shares, all of its 3.20% convertible preference stock, called for redemption on June 1, 1951,-has been converted. The con¬ version privilege expired as of the close of business May 29, 1951, and the shares not converted were redeemed by the company on June 1, 1951, at $109 per share, plus accrued dividends.—V. 173, p. 1891. will or J. for a Baltimore, Md., E. of Blair North minimum in plans to the amount American of 6,000 sell all its assets, of $63 413, Acceptance shares of for a (^nvertible said s'ock plus For each $10 of investment certificates owned, holders receive Acceptance of shares either preferred; (ai seven-tenths four-tenths of of a a share share plus $2.30 in cash; or (c) $5.50 in cash.—V. 173, p. of of North NAA 1701. Ameri¬ preferred . 8 The Commercial and Financial Chronicle (2292) North American Rayon 53 Wks. End. 52 Wks". End. iApril-1, *50 $32,889,835 . $28,153,840 4,050,011 '..i. A,247,01V March.31,'51Net sales'- Net income —V. — 171, after taxes»U,„.--.T-:— - 195. p. Estate; and the SEC" has issued an order giving Interested-per¬ unltl June '21, 1951, to request a hearing - thereon. : * Philadelphia,. owns . all of'the*-20,000 shares of'outstanding eapital stock, $50 par value,-of Equitable? Real Estate, together with $635,000 Vof promissory notes of that company. Also outstanding: is au' $813,681 4% first mortgage» bond/ hel<t4»y Mellon National- Bank Trust Co. son* with-the SEC, which )>ecame effective-on June 23, 1948, 6,400 shares ...Of, capital stock, (par- $10) were sold at the market -for $363,?00, ot at approximately $56.75 per share, and 46,000 shares were removed from registration on May-18, 1951.* The-stock was sold for the account of J. Paul Getty, president of the company.—V. 173, p. 2092. , * Under the-Tegistration 'statements filed This Co.—Partial Redemption— dissolutionplan*' Philadelphia. Would assume-aiL of the and liabilities* of Equitable Real Estate, including by Mellon, in'exchange-for the transfer, conveyance distribution to Philadelphia of all of the property and assets of called for redemption on July 1, 1951, through fund, $150,000 of 5% sinking fund collateral l, 1968, at 100 and accrued interest. / Payment the Mellon National Bank & Trust Co., Pittsburgh/Pa. has company operation of the sinking trust bonds, due Jan. will be made at ~V. 171, p. 2402. Northern Pacific Ry.—Earnings— April— Gross from . was announced, on May -25 that a»*decision has-been rendered*by Exchequer Court of Canada for the above company ,in an action seeking a restraining order against the Allied Rubber Co. of Canada. The Pantasote company in their action ©laimed that the Canadian firm was infringing on a registered industrial design. The Court ordered that the defendant-desist from directing-public attention to its sheeting and plastic fabrics in such a way as to be likely to create confusion in Canada between its product and that of thr Pan¬ tasote company.—V. 172, p. 330. .. from Net ry. railway Philippine Air Lines, Manila, P. I.—Soriano President income— oper. Net from Net ry. railway;. 39,385,311 44,332,483 45,920,587 6,829,809 3,335,309 9,486 2,496,531 *2,537,191 1,004,610 6.519,451 2,885,884 - inocine— oper. 'Deficit.—V. Net Common 'The 9 Months Ended Net income ...... 195C 1951 $60,500,000 „ Not vail, 2,215,000 April 30— Sales $1,343,343 . Capital snares outstanding—— Earnings per share 430,039 $4.92 450,039 $2.96 : It begun airline's board required) first - quarter 1931 of (no 3,172,870 $0.45 corporation has negotiated a $9,000,000 revolving line of credit a group of banks, RoJand J. Psgen, Vice-President and Treasurer, recently announced. with He said the for two years and on a $306,000 000 backlog of military orders. The .line of credit has been extended jointly by Bank of New is arrangement York, the Trust Manufacturers disclosed Angeles and the California Bank of Los Angeles, said Mr. Pa gen. The agreement is secured by proceeds from Northrop's principal government contracts.—V. 172, p. 1236. rity-First National Bank V • ;• "/ " vt . Producers that Redemption— .'-V-■■'.V ' ^ '% ■' \ * i'V The on May 22 filed a letter of notification with the SEC 600,000 shares of common stock to be offered at par (50 per share), without underwriting. The proceeds are to be used (& Canadian Subs.)- -Earnings— cents after taxes the 1949 $3,263,055 372,400 $1,541,161 $2,100,083 $8.76 and charges 1950 $4.14 372,400 be to acquire oil sales $5.64 Net royalties. Income after taxes— shares outstanding tEarnings per common share Oklahoma City-Ada-Atoka Ry.—Earningsfrom from Net ry. 1930 1951 AprilGross Net 45,502 Net from 36,763 10,400 from 5,600 15,086 8,347 320,071 347,511 313,474 174,464 Net ry. —V. railway 117,506 149,347 115,572 4 J,495 income— oper. 173, p. 20,120 197,600 $0.83 requirements.—V. 172, the 170,261 197,600 $0.77 44,767 28,940 1481. to will the The be received by the company up to noon (EDT) on June 6 it of $4,000,000 first mortgage bonds, series A, purchase from mature July July 1, 1976. will be proceeds 1951, 1. used redeem to and $2,200,000 of 5% $1,926,000 bonds due of 4% due 1954.—V. 1, May bonds • * $25,000,000 hanna. scribe. particles April 24, 1951. on See offering in Oswego Falls Corp.—Registers With SEC— The SEC corporation covering May on filed 25 90,000 shares of registration a convertible 5% with preferred second the acquire the five each preferred shares of is The milk to are the as corporation tainers, the named record of shares June the at then be and caps various hoods It tal to proposes lor the in use financing of the add the payment from proceeds normal subscription types of the of and of stock, to for price and Hornblower <to to con¬ others and for many working capi¬ including the business, current loans share paperboard financing its other of $1,250,000 of short-terra four banks.—V. 173, p. 2092. purpose sale of operations borrowed for and been Otis Elevator Co.—Earnings— the Gross profit from Profit before income Net operations.;——.... income income . _ ___ shares After dividend standing.—V. 172, requirements p. on the *$1.84 $5 stockholders on stock then 22 voted to split record June 1, 1951,—V. 162, an estimated will be the on coal" Susque¬ the or fine $25,000,000. accomplished the for raising the stockholders the to charter preferred company's of on company's Present " outstanding. are the capital of stock.—V. the of charter preferred holders stock such through a later funds needed have July 25 will be asked to charter, recommended by authorize 100,000 provisions without Recently value. par the provisions board which Of A debt special of 173, the stock nor it will adversely presently outstanding $5 affect cumulative 26 to meeting vote on a The company has arrenged to borrow $13,500,000 on 10-year un¬ bank notes as the initial step In financing the 100,000-kw. hydroelectric power dam on the Lewis River in southwest Washington. The project will cost $26,450,000. secured Paul B. loan at McKee, President, in a letter to stockholders, said Trust Co., New York/and other banks had agreed to interest an to complete rate of the project will 3V% come the . company will up to and including 11 a.m. (CDT) bids for the purchase from it of $25,000,000 first Net sales Profit issue, Mr. Mack plan 29 Pittston Co. (& operating before Net and income income for Subs.)—Earnings- revenues— taxes « taxes June on and . $366,887 outstanding—_— shares 608,957 $512,028 608,957 $537,974 608,957 $0.60 $0.84 $088 Redemption— — before 122 This has called for redemption on July 1, 1951, out of the income sinking fund, $431,000 of collateral trust bonds due Sept. 1, 1961, at 104% and accrued Payment will be made at the Manufacturers Trust Co., company moneys in now 15-year sinking fund 4% interest. income 1951- 1949 taxes—, income $458,678 ... $302,070 440,069 440.0o9 $0.80 outstanding common $119,654 440.069 —; shares 1950 $0.08 $0.43 shaie. preferred dividend requirements.—V. 173. p. of $32,764,011 and net profits, taxes on in¬ of $4,873,395. Commenting on these come, figures, John E. McKeen, President, pointed the issuance c'f four months' figures at this time for the special purpose is not to be taken as a ; precedent for future, reporting and also emphasized that operating results for any short period are not necessarily Indicative of a continuing trend. See also V. 173, p. 2191. out Abe President, on May 31, announced the company's pur¬ capital stock of the August E. Drucker Co., a California, founded in 3905 and makers of Revelation Tooth Powder. The purchase included all assets of the Druckpr firm including the property and builcting located in San Francisco. chase Plough, of all corporation Powder, which will retain its Tenn., about July 1, the an¬ branch for the distribution of all* Plough products in the western part of tne United States/and for foreign export, serving as the corporation's West Coast headquarters. Shipments to our Armed Forces in the Pacific area will also be made from the California plant although all manu¬ Manufacturing brand that Revelation of begin will name, Tooth Memphis. at The San Francisco building will be used as a said. nouncement 106. alter provision for York, N. Y.—V. 171, p. 2611. Plough, Inc.—Further Expansion— $37,000,497 $32,709,680 $37,849,454 ' 967,678 251,654 510,-370 taxes.:.—— 509,000 102,000 207/800 income . 19 refund¬ 1625, 1949 1950 1951 $21,719,911 $18,847,705 $18,862,738 673,787 881,096 833,263 306,900 369,068 295,283 , —;—. income Partial (Chas.) Pfizer & Co., Inc.—Earnings— facturing will be done in Memphis. as the Plough Sales Corp. of California, Harry B. Solmson, ViceVice-President; Charles A. Harrelson, Secre¬ tary-Treasurer; Robert E. Huey, Assistant Secretary, and.Bruce Cox, Assistant Treasurer.—V. 173, p. 1481. The new firm will be known and its officers Will be Abe Plough, President; President; Diaz, Ramon its Philadelphia Co. (& Subs.)—Earnings— Three Months Ended March 31— Operating the banks $2,600,000 more to pay off its outstanding serial notes. Repayment of this $2,600,000 will follow the present schedule to retire the notes by 1957.—V. r,2, p. 1536. Public Service Co. of Colorado—Registers With SEC— The SEC $10 revenues This a plan and charges 3,044,037 1,318,950 and the SEC Real Estate liquidation Co. cn May and dissolution of 28 filed Equitable cn May 24 filed a registration statement with the proposed offering of 274,027 shares of common stock, to be initially offered stockholders and to its employees. holders plans company the on balance would Proceeds The Equitable for the a value, of construction Liquidate— company with 1950 $20,412,331 $17,094,563 company covering par The 1951 " — income after taxes Unit to company of Co., May Three Months Ended March 31— Subs.)—Earnings— ' 3 Months Ended March 31— Net the the of Steel on 55 Broad St., New Pet Milk Co. (& the The balance of the money needed from the sale of common stock and Mr. McKee said that at the time of the $13,500,000 loan lend closed Net 1481. p. ing mortgage bond.-,, series H, due June 1, 1981, at Room So. Michigan Avenue, Chicago, 111. bee also V. 173, p. 2191. the Ixmds. will date above Yale Guaranty the days from under which this company proposes to acquire linking assets in excess of $90,000,000, were dis¬ in a joint announcement by Avery C. Adams, President of Pittsburgh, and E. M. Barber, President of Thomas. The consolidation agreement is subject to the approval of the com¬ mon stockholders of Thomas and completion of the sale of assets is conditioned on certain factors, Including a favorable ruling on the tax questions involved. '■ ' Pittsburgh Steel Co., a primary producer with annual capacity of 1,072,000 ingot tons, which is currently being increased, reported as of March 31, 1951, total assets of more than $81,000,000, of which $45,001,585 represented current assets. The company is a large producer of tubular goods and wire In addition to semi-finished items. Thomas Steel, with assets of $8,890,028 on Sept, 30, .1950, is a producer of strip, spring steel and other products. Sale of Thomas to Pittsburgh would be effected, according to the agreement reached by directors of the two concerns, on the basis of one-third share of Pittsburgh common for each share of Thomas common stock. The Thomas Steel Co. 4 lA % preferred will be re¬ deemed at the call price of $105 per share and accrued dividends. Provision is made for the offer by Pittsburgh to preferred holders of Thomas Steel for them to exchange their preferred for Pittsburgh preferred and common stock on the basis of eight-tenths-share of 5Vnf/c prior preferred and 1% shares of common stock of Pittsburgh for each share of Thomas Steel 4'/4% preferred.—V. 173, p. 1992. Thomas Peoples Gas Light & Coke Co.—Bids for Bonds— sales of preferred stockholders has been called for temporary increase in the amount of unsecured purchase National stock at 45 cents per share is expected to be made -formally soon and open Reynolds & Co., at $27.50 per share, without a dealer's concession.—V. 172, p. 2223. pre¬ In the proxy statement mailed by this- corporation to its stock¬ holders in connection with the special meeting to be held June 21, 1951, the company Teports for the four months ended April 29. 1951 net the company may incur. by these . June approved ondary offering of 20,000 shares of common stock (par $7.50) was made on May 11 by Cruttenden & Co. and recommended would 4-to-l Pacific Power & Light Co.—To Increase Debt— if purchased control of Nedick's from Earnings per share— 'After p. 3079. to about 30 indicated.—V. 173, p. 2093. Capital *Earnings per stock Phoenix that offer remain Prov. shares rights and to reduce the par value of the shares from $100 to $25 per share. The directors have authorized the payment of the second quarterly dividend of 30 cents per share to be paid on June 11 to all stock¬ holders of time, cumulative out¬ Inc.—Split Voted— Securities, Phoenix Maurice Wertheim. stockholders other authorized Net May this directors. ferred Common The "river public. amendment of of Federal preferred disclosed Phoenix The Sales $3,768,381 1,983,000 National of purpose Mack would permit the issuance of the remaining 78,507 preferred shares as cumulative series preferred stock with a par value of $100. This action will not, John A. Walls, President, pointed out, increase the total number of 754. Ox Fibre Brush Co., at an shares, 21,493 changes in the 2,300,000 $2,072,748 _ facilities by 6,068,381 2,470,000 $1.04 ——. down $8,464,349 4,542,748 1,983,000 ___ Common shares outstanding Earnings per common share * 1950 $8,536,664 — taxes taxes and washing dredge and clean brought arrangements made board receive v no approve t 1951 meet such " Three Months Ended March 31— to recovery facilities anthracite securities to the The Federal of by the company—to Financing for this expansion the entitled by dairies and milk, ice cream, of conduct receivable accounts be used bottling and packaging liquids and moist foods. of will preferred one by amendment. underwriter. sanitary kinds of The - supplied principal manufactures bottle 1951, 11, rate held. coal These While common underwriting terms Weeks company's program, the river's current and deposited on the river bed. This coal has long been used as luel for the steam generating plant. Cost Oi these two projects will be about $20,000,000. Other additions and improvements contemplated will bring the cost of the proposed expansion program—the first postwar series A, $30 par. Common stockholders expansion expansion statement of Pittsburgh Steel Co.—Proposed Acquisition— growing electric power demands in the Maryland-Pennsylvania * area ffhich • it serves, was announced on May 28 by this company."» The program will require nearly three years for completion. / Tripling the power output of the steam generating plant which supplements the company's hydroelectric station at Holtwood, Pa., on the Susquehanna River, will be achieved by the addition of a new 66,000-kw. generating unit to the steam station. The plan also contemplates the modernization and enlargement of 215,380 additional shares of common stock (P?r $10), at $19.75 per share, to common stock¬ holders of record-April 5, 1951, on the basis of one share for each 10 shares held, was oversubscribed. Through an oversubscription privilege, the stockholders, other than Standard Gas & Electric Co., purchased the 94,371 shares available to them and Standard acquired the bal¬ ance of 121,009 shares to which it was entitled to sub¬ Rights expired V. 173, p. 1481. 0 mainly : estate of from - Pennsylvania Water & Power Co.—Expansion Planned A —The offering of Mack told 173, »•■■■"»• Co.—Stock Oversubscribed Electric & to main Terms Oklahoma Gas price. Mr. consist present 2222. p. Pennsylvania-Reading Seashore Lines—Bids— Bids for railway 1949 $2,787,204 _■ dividend same at in cash.. The name of the company would National Phoenix Industries, Inc. in line with its new $2,000,000 Pickering Lumber Corp.—Secondary Offering—A sec¬ $85,156 42,945 From Jan. 1— Gross tAfter preferred changed assets National's that Commission Mr. 1950 $1,802,547 *22,518 197,600 Nil 1918 $93,409 30,698 , 384,311 income oper. 1949 $84,778 $100,971 railway railway.— *Loss. National the stockholders of other The (& Subs.)—Earnings— 1951 Common offer, first announced early in May, is to pay Electric per share for the National stock and to offer some cents 45 stockholders, would be to become Interested chiefly in companies which cater to the mass purchasing power of the public in their daily lives, Mr. Mack said. The initial business venture would be Nedick's. $3,445,957 179,746 — plans to buy a 46.5% interest in National from Electric Bond Co. Phoenix activities. 732,400 ' v 169, p. 2646. Quarter Ended March 31— Net .. Nedick chain. Share approximately 1951 Parkersburg Rig & Reel Co. company of the Mack, former Chairman of Pepsi-Cola Co., told a SEC examiner paid $3/700,000 for 900,000 shares, or 90%, of the stock The —Files With SEC— covering month-old in management Phoenix the 15,000 Capital shares outstanding--Earnings per share Si Refiners, Inc., Salt Lake City, Utah v May 31. on Phoenix & 120 Broadway, New York 5, N. Y.—V. 171, p. 2403. income —V. Oil and Flscal Year Ended Feb. 28— Net -a* members stores, mostly in the East, which specialize in light refreshments and food. National has severed its connections with the utility industry and is not presently operating. has called for redemption on June 30, 1951, $350,000 leasehold sinking fund bonds due July 1, 1964, at accrued interest. Payment will be made at the Empire Parker Pen Co. Los of ended some Nedick's operates a chain of more than 90 mortgage Trust Co., Chase National York, the Secu¬ his action that "undue interference" with company first 103'/" York New National, Walter S. Mack, Jr., President of Phoenix, latter under the Bond the New of work facilitate will 60 days Philippine -• Colonel* Soriano charged directors the or • corporation plans to purchase control of the National Power Co., and Nedick's, Inc., and plans to place the management of & Light of This of Co., Inc.—Partial Colonel Soriano Phoenix Industries Corp.—Proposed Acquisitions— This were Park-Lexington contract excess Mr. Negotiates Bank Credit— new one year function, and climaxed by his resignation last April 26.—V. 173, p. 1891„ . The by feither in when of a .. revealed/ was announced was dispute, 2,302,760 $0.01 end of period-;. * the for taxes income it Apr. 1,'50 (est.)—*$1,411,000 t$l,441,000 share common : provided is *, profits approximately $590,000 higher than those lor the first quarter 1950. These earnings do not include $205,000 repre¬ senting Paramour,t's net interest in the combined undistributed earn¬ ings lor tii" quarter of partially owned non-consolidated compan'os, principally Allen E. DuMont Laboratories, Inc. tDoes not include $597,000 of undistributed earnings of partially owned non-consolidated subsidiaries.—V. 173, p. 662. * ■ taxes Northrop Aircraft, Inc.—Earnings— taxes sharer- outstanding at per / , Mar. 31, '51 after Income ; and Canadian subsidiaries) QuarterEnded— Earnings 2092. 173, p. notice . be renewed " automatically annually unless will contract Government, Paramount Pictures Corp.—Earnings— (Including domestic 49,390,291 railway—- May 30 agreed to President of the company. The - prior From Jan. 1— Gross from , Colonel Andres Soriano on as ------ Net Equitable Real Estate,, which thereupon would be dissolved. Equitable Estate owns and operates "a nine-story office building In downtown Pittsburgh; commonly known as the Central Office building of the Philadelphia system, as well as other* assets.—V. 173, p. 763. "Real . . $14,420,601 $10,667,875 $12,153,051 $12,019,926 1,122,483 1,729,736 2,732,911 3,464,898 839,587 400,233 1.379,811 1,951,940 railway " 1948 1949 1950 1951 Passaic, N. J.—Awarded Decision— It the . held bond and Pantasotc Co, of the Under debts,. obligations the Northeastern Water Monday, June 4, 1951 . Real —Pacific Western- Oil C orjn—A men d mentFiled— Corp.—Earnings— . . First Bosworth, basis be of offered the one to Boston new through subscription rights to* 249,116 share shares for to each 10 present common, shares held—the employees. will be used by the company toward Its to provide additional .power plant facilities. Corp., New York, and Boettcher & Co. and & Co., Inc., both of Denver, Colo., have been offering program Sullivan offer to Volume 173 .Number .5017 . . The Commercial and Financial Chronicle . (2293) Public Service Co. of New Hampshire—Bids for Bonds The 000 has invited company first Bids mortgage will be bonds, received chester, N. H., by 12 to up bids for series the P, the from it of Ross Operating; Valve Co.—New President— Russell $3,000,- 1981. company (EDT) noon purchase due been 1087 at June on Elm 12.—V. Street, 173, Man¬ as J. active an consultant and member of the board of directors. V. by Pullman, Inc. Champ Carry, President ' on May 29 announced they the purchase of Trailmobile Net Trailmobile Pullman assets. of Under the proposed Trailmobile agreement, separate member of the Pullman group offices and employees.—-V. 173, p. 1701. will and —V. be operated as a retain its present will j . • ". Ralph R. Layte, iwill increase President, production on in F. Decision to because of increased ; which have orders for Pennsylvania Purolator filters oil been coming in from automotive manufacturers, Mr. Layte said. The increased ■will also enable the corporation to continue as the Armed The - Forces. new located factory contains 40,000 on 10-acre a major site in Ringtown of Valley, floor 4l/2 and "An J Federal taxes—.a 966. of ; < , May ©n to $2.93 dividend. number Proceed With Color Tel¬ • share per This of Russell is Gross go ahead with public demonstrations of its all-electronic "system of- color television, now. has made its decision, it was announced the for to the advised present corresponding directors Gross from from Net ry. railway $10,751,977 1,771,854 railway. ;y_' income^— oper. $9,511,478- $10,074,085 2,413,585 868,907 ry. > Net from railway railway from that period the Net ry. —V. 34,626.729- 8,445,808 6,494,087" income oper. 173, p. 1892. 3,942,019 - - 803,070. 39,381,492 consider a meeting of 6% If approved it is the outstanding into these amount shares The v 410,000 of plus B the to offer company participating the on of basfs class B shares of •,' outstanding class B there 1,256,402 296,608 be 23, 1951, filed covering convertible The B 265,608 income Bank of 100,000 the shares Earns, to exchange National in part of a of its each 75 for 100 shares of and of with the $4,558,000 for (e) . ., . available Plant to shares be to Chicago is to the owns The replace of 1951 prior for and and "$0.92 instead of 1950, 1950, to, April respectively. 25,, 1952, in its first three series of $80,807 months all of A, of Corp. at the at of new tools, Linden, ford, Inc., stock," for the- stockholders the fi¬ price as cumu-; Bank dies, jigs and working in will the shares by be at net proceeds & banks of the one would to be Co., 173, called the line of a trade sale San are to line of square directors which added be in the of above fund for below.—V. 171, 1673. p. to Natural construct Gas.Co., natural , Co., Albany,- of transmission, gas . r . the sought to for gas order an supply the gas projects. South Georgia Transcontinental alternative to Southern directing as an ... • to build and Natural about Florida. Southern if made was with require 150 miles of central 527 miles Estimated supplied miles 53 the wanted of of cost .of and The latter authority to construct ap¬ line,, estimated to cost $2,500,000, to serve Alabama. $5,100,000, near would Phenix City, Tallahassee, principal line.—V. $12,080,000 line, FPC project, estimated to cost with. Southern Natural's facilities to to supply project was system. additional Natural extended towns 172, t line the gas, Transcontinental's about Alabama south Georgia the Georgia originally sought FPC orders directing Southern proposed would in ■} Ga.—Applica¬ Fla., with laterals or branch southwest Georgia adjacent to in 938. p. line the • first Southern Ry.—Earnings- to of recently 35 mill for each this seven 28 announced The Net of used were corporation is Corp. the 173, p. with result and Corp. a of into buy .'V" year held. and by This stock on the the its merger 9,001,61? the stock authorized C. H. May on common • 23 Zachry, approved from preferred President, Ross Industries the outstanding and acquisition Manufac¬ '*■ 53,356 $1,421 *$26,878 manufacturers-of corporation, nounced to 120,000 that the to Increase 3,000,000 shares tha shares to 200,008 does company- not June on that 1 it will television conduct v receiver tuners, an¬ ultra-high frequency tests In Bridgeport, Conn., on June 5, 6, and 7. Communications Commission has planned the authoriza¬ UHF stations, but reception of resulting programs is reported to depend almost solely on the satisfactory adaptation of th» The Federal I tion 3,111 . ; < of $4,532 *$26,878 ' " 2,000 some receiver's ." tuner component. plied to some 60 40% ' of those now 173, The in use in whose- the 1380. p. "Standard manufacturers :-v Tuner" sets United is currently comprise States; sup¬ approximately over 4,500,000.—• ,•! Standard Oil Co. (New Jersey)—State accrued has called for redemption on Aug. 1, 1951, all of its 10-year 4% bonds, series No. 4, due Nov. 1, 1952, at par interest. Payment will be made at the National Bank of The U. Jersey Newark, 810 Broad St,, Newark, N. J.—V. 135, p. 4046. of Supreme seize their property by , ruled on May 28 stock dividends remain unknown, called was company. Court unpaid owners seizure personal this S. may abouts shortages of steel and W <minum will force this corporation to make its first curtailment in production of household refrigerators since the start of the Korean conflict, company officials announced on May 24. ' ' ' .' " I the in a and for Upheld— that stocks 14 the State when the of Nev where-i years. 1946 state. law, providing for the taking of Validity of the law was attacked by - . largest plant covers other critical facturers, steel last of still he materials painted and out, only 65% These year. second the for quarter - are restricted to the aluminum of he percentages, of Jhe regular a common stock, in Stanley Reed wrote joined. delivered the 5-4 ruling. dissenting opinion in a Justice William which at a Justice I>. Hugo L. the use of only 80 % of during the base period will probably bo reduced said, rate. companies "have been fallen off.* That is '■ . in the compelled not refrigeration 173. p. the Justice Felix Frank-» which Justice Robert H. Jackson a separate dissenting opinion Douglas wrote Biack of the protection and stock 12 to of joined. the > . Supreme New shares of Court Jersey $6,238 after stock.- common being In unpand The ordered dividends order was New company any no State for were, with one estted that New to Jersey Supremo Court. ~ „ said the last known addresses of the persons involved exception, outside of New Jersey, The company pro- did not give adequate notice of its action Further, the company said the State gave it claims for damages by the dividend 173, p. 2192. Jersey persons. from possible later owners.—V. .. , 1380. the to certificates The industry,'' Mr. Jones pointed because their sales have Servel."—V. with case over upheld by to, cut production the appealed company turn and used the third quarter—July, August and September. refrigerator production line will be closed from May 30 June 10, he-said.- Production will be resumed on June 11, reduced "Some out, The to Manu¬ year. further tin through , and Justice furter . r The cut back. W.~Paul Jones, President, said results from limitations by the National Production Authority on the use of steel, luminum and the five - Standard Oil Co. (Ohio) (& Subs.)—Earnings— '■} ' April on subsidiary, J. 30, O. 1951 Ross of Engi¬ of 15 ,' ■ * f r. -q *. '* • .I » • Quarter Ended March 31— • Sales I cents Shareholders Trust of Boston — Shares Offered—The offering of 300,000 shares of this Trust through Harriman Ripley & Co., Inc. as general distributor, was announced on May 31; .. • * V 1 * *. - Corp.—Merged With Subsidiary— Engineering. Corp. above.—Vr 163, p. 2732. shares from said proposal a 2,000,000 stock " Delta dividend 20.245,348 6,400,380 • stockholders This . Servel's share 14,301,327 8,604,227 Standard Coil Products Co., Inc.—Tuner Tests— 112,054 company to 1482. per 18,541,115 any new stock offerings at this time. Zachry also announced that the company plans additional financing of $5,000,000 in long-term debt within the next 60 to 90 days. The proceeds are to go towards the company's 1951 construction program, estimated to cost about $7,000,000.—V. 173, p. 2094. Servel, Inc.—To Cut Refrigerator Output- ..... 2% __ income. oper. Mr. y. In Columbus, Ohio, which factory woodworking saws Rockwell's 80,371,848 1 $138,531 income profit 1,879,890 73,038,722 contemplate ■' 68,321 1 1,806,285 72,640,254 Yr. End. 286,193 profit 2,128,757" 85.233,268 22,248,182 __ Securities Co. of New Jersey—Calls 4% Bonds— ; payroll a The July 31, '50 sold-.; "..Organized shares which in March, were 1948, offered in the Trust two now has outstanding 241,218 periods limited to 30 days each— ' 173, p. 1795. authorized additional V 1948 9,051,518 railway.. railway—. from ry. ■;* through ; 1949 Southern Union Gas Co.—Stock Increased—Plans Debt common $355,935 Operating 2,256.216 „ —— Profit before income 1951 — taxes , On Ross to Mar. 31. '51 goods income. oper. 1950 $21,755,783 $18,356,609 $18,474,820 $19,070,618 5,811,832 -4,666,186 3,997,478 4,348,724. from Net - Expenses Other ry; Net (par $1) and owed $20,000 is due within one sales Cost 1951 ■ From Jan. 1— —V. stock amount proceeds Toss.—V. 173, p. 2192. of and • cents Net Gross 1949," ' ' ' railway.. railway...* from : capital.' August, " from Such tools made declared of working in 8 Mos. End. Financing— employees under April— Net offering, the corporation had Period— supplied for feet.—V. to Georgia STATEMENT OF INCOME , to gang ana crosscut types. carpenters, plumbers, electricians and line for the home workshop.' The' products power dividend Industries O. boiler on May 24 dismissed the appli¬ Central Alabama Natural Gas and Financing— common latter share. V through payable June 11 to holders of record June 1. Bee" J. the boiler, and changes Southern Natural Gas Co.—Plans Expansion— redemption, 173, p. 1892. 1950, the company offered and sold existing stockholders 100,000 shares of its its Francisco. be of per Net March 9, the company paid an extra cash dividend per share in addition to the usual quarterly of 35 cents. 1 additions to of this Engineering May 25. on The for funds.—V. con¬ offered circular, band, line complete a Quarterly cash neering sinking capital « cancellation November, to $1 at at (J. O.) Ross Engineering Corp.—2% Stock Dividend— - authorized * Co., is engaged equipment and for working capital. new * 1379. p. consisting blades 102,000 This Co. South supply also Central shares. During J be public Inc., terms share offered , Ross Rust announced 50,000-pph. of program The to was Southern Production Co., Inc.—Secondary Offering—A secondary offering of 4,000 shares of common stock (par $1) was made last month by Blyth & Co., Inc., at $28 per share, with a dealer's discount of 35 cents pe'r share. It was completed.—V. 173, p. 204. directors,- is from and $2.17 • stock course a steel are ■i Orleans,! laboratory turing DivisiQU. • • .* ' ' i Ohlen-Bishop was organized in 1852 and is one of the saw manufacturing concerns in the country. The present both new Gas . '. , and . annual new be complete a butchers, plus - of minimum for to are Packing shares 200,000 $100,000, year. Manufacturing Co.—Acquisition— They also make The and -V* . W. F. Rockwell, Jr., President, on May the Ohlen-Bisliop Manufacturing Co. manufactures . board resulting incorporated Island Sea warrants New to are offered 'for Blyth underwriting vote at ratio plan.—V. Rockwell about it company recently asked authority from the Federal Power Commission to increase the capacity of its system in Alabama, Georgia,. Mississippi, and Louisiana from 555,000,000 cubic feet of gas a day to 670,000,000 cubic feet. The cost of tn.is expansion was estimated at$13,641,000.—V. 173, p. 2094. purchased from competitive suppliers. outstanding machinery; capital. and N. 30,000 to are and to successor are , later augment to Georgia connected y , principally in the preparation, processing and distribution of a wide variety of frozen sea foods. It does not own, nor does it have any intention of acquir¬ ing in the near future, .any fishing or shrimping boats. All products 173, p. 2192. addition, 50,000 shaies saw modernization awarded * . the cents $2.99 the were capital ' Commission Ala., Corp. have May 21 publicly offered 25,000 shares of (par $1) at $6 per share. .'A on stock BUSINESS—Corporation, additions," plants; j. Stockholders and South The (Ga.)—Stock Offered—French & Craw¬ PROCEEDS—The . the initial public offering price, Bethlehem outstanding Rheem-xornmon stock, cr 30%. headed group offering May . ,. of 1950 which minimum and SeaPak Corp. - meeting June 6 on a pro¬ posal to increase the company's secured indebtedness to $16,400,000 from $10,900,000 and its authorized common stock to 1,750,000 from 1,250,000 shares. " About 150,000 common shares would be offered of and discretion, instead the a proposed Co. connection markets *$2.85 fund, 54 • adjustment sinking be The ... . ,•« . in proximately $4.04 capital would respectively, the .maximum CAPITALIZATION—Prior to Rochester Gas & Electric Corp.—Plans deduction v , augment registered, shares of by amendment.—V. The a Co. Georgia connection $2,676,111- , *$3.73 minimum stock common of South. Line $10,500,000 if 200,000 $5.28 • $3,417,477 1951. ■•*-. credit accruals "$0.72 k 1951—4 Mos.—1950 - $1.12 the on 1951 year mortgage bonds, {Before ., in was Natural company, which Gas proposed 1!$846,836 maximum income with the ^Includes ,.. and remaining 70,000 shares public for Month—1950 $1.09 sh. of April, time any provide Richmond; and new plants are in the Downey and San Pablo, Calif. During 1951, being underwriting an covering 173, p. 478. begin this fall.—V. 166, p. 1998. Power the Gas South -Earnings— $675,028 funds. months.of charge fund .v; constructed Steel 300,000 The of Pipe Gross from and at be shares Bethlehem 22 to Georgia this in Natural. sinking basis common to and improvements J., and a Whittier, Calif. The company's two groups of products tainers and home comfort appliances. Of March on expected three companies Gas the -regis¬ $12,722,203 $11,400,220 $53,037,637 $45,605,376 1,256,001 1,344,892 5,753,573 4,977,305 987,661 1,018,654 4,735,295 3,687,328" sh. per" share .. is borrowed for general corporate purposes. additions are in the course of construction construction plant 114,096 withdraw and authorized the issuance of exchange for 900,000 share# in design and construction Birmingham, Natural 352,508 , on preferred . the Savings Association capital purchase . $5,718,600 Houston, of the .v , 4 at cl^ss A SEC v issuing $15,000,000 America; (c) $7,235,000 for plant additions and and All • 1,481,931 to request a the "SEC 1951- J_. common cents rfor for -' , cumulative v. . in Trust program . .(d), filed 21 with funds common the earnings including the following: (a) $2,488,395 for redemption of 23,699 shares of outstanding lative preferred stock, 4Vj>% series, at $105 per share; ; (b) $5,000,000 to discharge an existing long-term loan from of filed before per, *On A 'stock principal to statement par. company together with America nancing May income oper. per class stock. registration a series, $100 purpose of to be used funds all 49,877 137,412 $20), value par contract calls for of Ga., ■ 48,778- (par $20 initial Federal of systems Manufacturing Co.—-Financing Program-— company 4J/2% .' 131,670 now v cations 127;455 389,671 stock ., South Inc., ; 1,479,269 $3.37 capital South Georgia Natural Gas Co., Atlanta, tion Dismissed— • $415,574 < • of " Rheem The on revenues railway i * income.___ Net income after & minim, cap. exchanged, the outstanding funded in¬ by $1,859,256, the outstanding shares of will be increased by approximately 66,402 shares and no class- A stock outstanding.—V. 172, p.- 2027. stock will 46,579 $414,118 of> tEarns; 7 If all the class A stock is debtedness will be increased class 40,494 563,635 statement $700 of stock, , presently 122,209 1,387,079 Net called June 5, 1551, to, $1,859,256 principal amount' and r.tock shares 25 109,555 $3.43 shares . , r / 1943 $347;820- railway. oper. See Natural Period End. Apr. 30— been than cumulative stock. has has more class f 1943 4,500,000 Pittsburgh, is serving debentures. intention cent debentures, class A and the 50 company stock fund debentures and of of stockholders Sinking * • shares of r ■ $215,000 The -Earnings— - Y 1948 South Central Alabama Natural Gas Co., Inc., Birming¬ " 1348. p. 174,544 30,168 Seaboard Air Line RR. .• proposal to issue not 20-year " 172, $440;219- income corporation GrOss of 1950 - railway.." Net special a ham, Ala.—Application Dismissed— very Sattler's, Inc., Buffalo, N. Y.—Withdraws Statement— The ,551,630 ,224,027 3,458,792 on Funds.— 1949 value heretofore outstanding.—V. including installation existing equipment. April a r \ Work 507,559 7,099,792 3,174,734 . shares (W. T.)* Smith Lumber Co.—Awards Contract— in common stock (par $1),' which were to have been offered through Hornblower & Weeks of New York. This request was granted on May 23. The proceeds were to go to Charles Hahn; Jr., President of the company.—v; 173," p. 1279. ' ; ' Reading Tube Corp.—Plans Exchange Offer-— •A, had the on plans, plus ending company shares Ala., 42,175.446 The present the Mutual $4.18 - year 6,000,000 Contract ' 173, p. 1892. shares ,717,250 1,090,537 From Jan. 1— Gross 1949, of for $18,827,380 $15,453,851 $15,169,778 13,500,000 10,800,000 14,400,000 ; each par markets 775,098 2,164,257 ■ 1,237,753 from tration 1948 railway^ oper. Net —V. • 1Q4Q 1951 railway from r Net ry. Net Reading Co.—Earnings-— 1050 -1 - A rep¬ dividend taxes company at Chapman, Ala., Co., of Birmingham and approx¬ . cash high production level.—V. - from Gross * 1951 1 " From Jan. 1— RCA has developed a fully compatible, all-electronic color system which provides deception of color broadcasts ■ in black-and-white on the nearly 13 million existing sets withgut any change whatever^— V. 173, p. 1892. • ^ April— < from Net 't , in to $100 earnings would be outstanding shares prior to the $1.22 per share increase on the the on equivalent shares further at April—. Court •• of ' year, 1, stock operations will compatible Supreme 28.- • • • $100) 1950. Net corporation n '/ / . backlog of orders, that its products are on the essential civilian list published by NPA, and therefore the company could rea-. sonably expect that sufficient materials would be-available to continue . the . Earnings Higher— St. Louis-San Francisco & Texas Ry. Improved < , increase of 95 cents per share. , 1951, the company paid a 30-cent dividend so that the estimated net an April Mr. already been signed, and if there is a clear title Products, Inc., will take over within 60 days," Mr. Layte announced. "By August, we should be in a position to start production in a moderate and gradual way."—V,. 172, p. 1034. ; • ; that sale outstanding,- On Feb. 6, 1951, the company's stockholders approved a change in the authorized capital stock from 1,200,000 shares (par $49,271 substantial option, has This the 1950 after Federal per share Tased Russell, 10 .%• 30, Purolator Radio Corp. of America—To evision Tests— ^Earnings 38,200 * • income Dividends paid 87,471 __ ! same is Shenandoah, Pa. then (est.) stock for northeast miles and taxes equivalent facilities space State ended On ' feet square before p. resenting a supplier $499,190 that the earnings per share based on audited figures, would be imately $2.66 as compared to $1.71 for the previous fiscal elements production a Net , equipment ■ Year Ended Dec. 31— 1951 President, reports that the unaudited figures for the April 30 indicate that total net sales would be in excess of $14,000,000, the largest in the company's history. This compares, with .$9,162,000 for the period ended April 30, 1950. Mr. Russell said reached was and farm and C. year factory will be opened up in Ringtown, Pa. operate an additional plant in April to May, of customary manner 1992. p. 4,500,000 May 31 announced that this company early fall when a new and modern the QUARTER OF (F. C.) Russell Co.—Sales & s • Purolator Products, Inc.—New Plant Soon Ready— ' in one inauguration the in Singer Manufacturing Co.—Earnings— Earnings— profit 173, •' ' and FOR FIRST Federal and Net • substantially all of the1 , , income State to RESULTS ___——______ Pullman, and George A. Bunker, President announced jointly that definitive arrangements are be¬ Trailmobile, * Sales of ing worked out for the transfer 1948 and the basis" * Rototiller, Inc.—Sales ' ' . Co. of 173, * ' Pullman, Inc.—Proposed Acquisition— This" corporation and Trailmobile Co. have reached a tentative agreement for represents "continuous 2192.t p. * f- in April to May, one offering Cameron, former Vice-President in charge of Sales, has President, succeeding John Sainsbury who will remain elected 9 Prov. for income taxes 1950 1949 $73,014,036 $63,209,731 $62,078,970 9,602,551 3,962,733 5,302,160 4,900,000 1,190,000 1,390,000 j Net income Common •After — shares .^Earnings per .1 $4,702,551 share — $2,772,733 $3,912,160 3,633,714 outstanding common 3,574,488 3,573,883 $1.23 $0.71 $1.03 preferred dividend requirements.—V. 173, p. 1993. ■ 10 The Commercial and Financial Chronicle (2294) Standard In Products Co.—Earnings— Sales * - income Net after Common shares Earnings per —V. 172, and charges..———. outstanding share ,r'i—— 300,000 300,000 — $2.34 $0.13 common 1139. p. firm for : . Gas Equipment Manufacturing Railway i"'.1950 1,823,689 $1,942,218 101,322 1,031,320 sales Profit before and 43,271 L-V. $792,369 '■}" cubit ■ 1950 *$1,910 begin the Charge of Operations and Engineer¬ has on firm order COO miles of 26-inch that Texas Gas within days 60 He said in southwest Louisiana with part of the state. Construction of 412 miles of $3,060,000 compared months ended four with $2,363,000 April 30, azo.—V. yeai a amounted 1951 168, Gas Texas line to stations their "A" cents 30 the on "B" Strategic Materials Corp.—Stock All Sold—The recent April— offering by Hamlin & Lunt of 100,000 shares of common stock (par $1) at $3 per share, less 30 cents, was fully the company. Officers Samuel F. dent (partner Lunt D. Electro Fuel World also See & Industries, Colorado of Vice-President • Abrasives Inc.); Iron & Grant Co.); Alwin F. and Life Co. Gross Treasurer, notes F. Ralph 173, (President Operating Operating . revenues filed company 1951 stock, covering $100 to one the of share of held of record It to offer the new is proposed stock preferred from the company's ment all of split-up long-term note Erothers. with Railway Railway 12,310,845 4,972,221 - The the in purchase Mutual Life to the business 1951—4 Mos.—1950 and will shares also to the by necessary and be asked $5 and par .>' • at SEC two- a from rev, the companies) - — 17,279,761 $1,957,257 $1,252,043 567,714 ; 2,759,244 $412,614 $548,903 Intends substantial —V. $ and ip.c. $1,723,449 trust June on for 14 certificates, the purchase K.—V. 173, series 8,771,981 1.566,980 1,177,275 4,800,697 3,956,747 5^764,243 1,711,297 992,644 8,036,691 2,774,242 1,713,851 10,568,491 7,120,599 379,793 588,151 2,371,049 2,219,997 4,865,332 3,294,646 20,970,231 15,104.339 483,701 496,012 1,946,163 2,001,696 2,798,634 and oil (net) _ investments other sources income Fixed and other charges Net " trans¬ opers. from Total bids receive to equipment from from and 25,142,971 6,650,000 9,722,524 facil¬ (net)j._ operations gas 14,300,000 2,260,398 4,381,631 ♦Income 2,391,997 $2,137,559 joint rents 5,670.317 1,300.000 36,853,912 3.300,000 2.481,740 portation $5,204,843 ' income cumulative approved, basis the of will to approve split two-for-one a offered be two-for-one approval of to $100 has a stock.. stockholders about June each for. shares 25 effected.—V, been 173, of 18 2094. p. said He of sell from all on a order In aside tion, make to 10% be to of this The for 500 be to are other for shares. used to the as the to will stock No share,- bonus a accepted to the the shares common at The company's Spokane 8, Wash. —V, 173, its 15 cents office is the the time same to subsidiary, operating an At con¬ $4,000,000 . a 19,024,068 financing sales.—V. 173, 10. p, v ■ • . 13,103,145 value share-for-share the by basis. An p. amendment with to the of of .. Peyton Bldg., Room 730, Henry T. Born of Hayden Lake, Idaho, is President. Thorkon Co., Atlanta, Ga.—Files With SEC— The Net * of— As Total net assets per Chester shares Jan. 31,'51 $6,480,209 $6,125,746 $12.97 $12.74 D. share Tripp, crossed quarter.—V. the 173, and April 30,'51 assets___-__ President, 500,000 stated mark that for the the number first time units in unit, ceeds of outstanding during the last of F. be to are preferred one through share two and for & Co., Hartford working capital. Texas Engineering & Mfg. Co., Inc.—New Contracts— multi-million A of ponents Details the the exact was dollar TEMCO's Skyshark to in has Involved excess be He of May will did state, to this for The of the flying that it Texas this Gas awarded work month the new early in on or million The would cubic new feet to supplies Louisiana, subsidiary raise a over are Arkansas, Texas ^ , serving SV40 million nem?tL wwn tn to the and . — Outlines Expansion homes 900 seven Mid-Western million for daily cubic the a 600-mile pipeline expan¬ delivery feet a capacity by £40 day. company's present customers Mississippi, Tennessee, Kentucky, Indiana and Gas also plans ^io large in 60 in to ^*as communities f,, Co' million cubic increase sales by 95 million ^° » a Columbia Gas System throughout Ohio,. Sales to Loui£vme- Ky-. Will be increased feet daily. is offered 450,000 *$2,905,615 f$l,404,707 278,766 $7.47 Nil profit $5.04 inactive plant, less on the sale of 278.902 current company at It is pointed established facturers ments for in of 1900, merger Mr. President Barbour $3,000,000. William said, E. "that the Barbour, new Jr., stock to an¬ plant, equipment. the registration a statement with the all necessary additional 1,065,330 action- leading to the shares of common projecta June 27 the as the date determination for issue new held. then on of will basis a Subscription rights of stock¬ one share mailed be on or also will about be June given an the board This ana A two company the V. Co. on May 29 exercised an option to land in Pennsauken Township, Camden County, be that supplied for the steel by operation the Fairless Works, by the end of 1952. of the proposed which No date has been new scheduled lor set for building the is Mr. was recently branch producing of is Mr. container requirements of the Armed Services and construction, which will manufacture steel drums and pails for chemical, paint, food and other industries. See also SEC account offered The Ma,y 25 filed a registration statement with the proposed second to certain in i additional subsidiaries to prepay indebtedness, to 102,170 present shares holders of second outstanding of and for general preferred second stock preferred will be stock. Union Securities Corp. and D. H. Ellis & Co Subject to market conditions, the company plans to mail to second prefeirtd stock holders on or about June 13 sub¬ scription warrants entitling them to subscribe for one share for each ten shares of second preferred stock then held. Terms of the offering, including subscription price,-will be de¬ termined at a later date and filed in an amendment to the registra¬ tion statement. See also V. 173, p. 2210. stated, brought to¬ gether two important groups in the closely related fields of radiology and nucleanics.—V. 173, p. 2094. * a working funds. Barbour <Hk- Corp.—Registers With SEC— on offering to the holders of its outstanding $4.20 preferred stock, $5 par value, through sub¬ scription rights, of 103,179 additional shares of second preferred stovk. Proceeds of the offering will be used in part as advances on open instru¬ WW corporation for non-cumulative 20,000 located 2210. United Stores estimated leased nuclear radiation steel petroleum, 173, p. The Mass. ,to expand production measurement concerns, Products Steel which supply the National Defense program. contemplated that the new plant will be similar in many aspects the new Port Arthur, Texas, plant of the Products company, now under will be by Lee Mfg. Co. also had a large first quarter, Mr. with sales of nearly $2,000,000. This firm, is the oldest and one of the best-known manu¬ detection of . It is Cincinnati, Ohio. The ■'*/". * industries out, X-Ray the filed took of purchase contemplated The Kelley-Koett ' • 1952. fixed to States plant will facilities. The ' " * plan to finance $170,000,000 in construction shares ten completion May 24 voted to increase the capital stock from feet of additional space in Boston, Barbour ' to request Hauerwaas said, but it is expected that preparations for commencement of construction will proceed at once in view of the backlog of both civilian and government orders the square 25 23 May on stockholders new the to an stock, J., as a site for the eventual construction of a steel container plant, it was announced by John Hauerwaas, President of this U. S. Steel subsidiary. 171, p. 2515. shares, anticipated," Co. afforded UGI's N. public early in June by a syndicate headed Higginson Corp. and Harriman Ripley & Co., Inc. "Proceeds of the sale of stock," he added, "will be used to provide funds to continue the expansion of the company's business and to retire certain loans incident to Tracelab's recent acquisition of the Kelley-Koett Manufacturing Co. of Cincinnati (Ohio) and Coving¬ ton (Ky.)." Tracerlab had first quarter sales in excess of $800,000. Their by company's destined "It contract, he said, is scheduled 173, p. 1176. c03nPany asked the FPC to authorize eastern Illinois. tUu income taxes.—V. 275,000 to nounced. June.—V, Transmission Corp. eligible important TEMCO May purchase 23.1 acres of Tracerlab, Inc.—Stock Increased—Sales High— a contract, Mr Mc¬ important components of the the Navy's most modern patrol of one natural gas to defense industries States and the Appalachian area. that 1,450,000 277,34S $807,992 on of United States Steel Corp.—Unit to Build— $2,072,409 The stockholders of The corporation outlined before the Federal Power Commission on May 28 plans for a $45,300,000 pipeline project that will bring more sion Federal that it brought .' ' ,, on a and 1951 United tl,404,707 outstanding share— tlncludes Eiectric be 29 and will expire on July 19. oversubscription privilege. • The prior to mailing of subscrip¬ tion rights.' 'V'J;'/•' The stockholders on June 20 will be asked to approve an increase in authorized common stock from 10,700,000 to 12,000,000 shares. The purpose of the stock offering is to provide a portion of the funds for financing the expansion program. Major item in the pro¬ gram is a current- project calling for construction by United Gas pipe Line Co., a wholly-owned subsidiary, of more than 1,000 miles of large diameter pipe line and other related facilities at an estimated cost of $116,500,000, ^ The program will be financed in part from funds provided from retained earnings and property retirement, and amortization accruals, and the remainder from the sale of approximately $125,000,000 prin¬ cipal amount of debt securities, and from the proceeds of the common stock offering. See also V. 173, p. 2193. 1949 *3,838,918 Cr933,303 $80,000,000. manufacture boat, Production late has company for said, Marlin start taxes- per 'Loss, this company to build major assemblies for another manufacturer—The Glenn L. Martin Co. of Baltimore, announced on May 20 by Robert McCulloch, President, bombers. income for Earnings per pro¬ of Martin Culloch 3,522,409 shares Capital or reasons however, and taxes income Net 27. The ' a issuance directors each to $46,029,323 $33,458,604 $59,493,325 income com¬ manufacture revealed to TEMCO, major awarded on TEMCo cannot of been disclosed which Provision manufacture aircraft Md.—was to the President, assemblies volume backlog Selection P5M-1 the for security, Mr. McCulloch said. largest contract ever awarded the major A2D McCulloch, to as contract Douglas Robert company, military dollar before $12 at Ind. 1950 1951 performed Profit City, to shares are five of Corp.—Earnings— Fiscal Year Ended March 31— Work shares common McMichael E. used Todd Shipyards 664. p. company on May 21 filed a letter of notification with the covering 15,000 shares of 5% cumulative preferred stock-(par $10) 30,000 shares of common stock (par 25 cents), to be offered SEC Television-Electronics Fund, Inc.—Assets Higher— Philadelphia stock unit Corp.—Registers With SEC— offering price will be fixed by Illinois of * part of Stockholders incorporation State and Co. UGI of each for not Gas directors The articles its Power holders plan, a as during , Secretary " 1893. Consumers but contemplated Value Changed— company 173, May 28 requested. SEC authorization to tender Improvement Co., pursuant to a plan filed by exchange, corporation for The / on the 29.—V. May on in filed was .... . . proposed offering for subscription by its stockholders of additional shares of common stock, $10 par value, and a proposed offering for sale at competitive bidding of- $50,000,000 first mortgage and collateral trust bonds, due 1971. -t ' ' May 24 approved a proposal to change the par the authorized capital stock from $5 to $20 per share, on a of of UGI to extent The Co.—Proposed Consolidation— stockholders . 1,065,330 Pittsburgh Steel Co. above.—V. 173, p. 1702. The ; The SEC has given interested persons until June 8, 1951, hearing upon the above application.—V. 173, p. 2095, SEC . . • the '■ around stock 1893. p. on Gas stock United program common 173, exceeding 363.285 shares of such stock, three shares of Philadelphia common and two shares of Consumers common. Exchange of United Corporation's holdings of UGI stock would result in its receiving not more than 0.51% of the voting securities of Con¬ sumers and 0.45% of the voting securities of Philadelphia. will of parent. the for share. located Co.; June. to taxes.—V. now opportunity holders of per in sold is income pending before the Commission, all or the major portion its holdings of 80,832 shares of UGi capital stock in exchange for treasury. proposed and See company cents, Service bonds be ' 1702. p. Electric of will Thomas Steel in had authorized 2,500,000 shares which 1,863,200 shares were out¬ standing. There were also outstanding $37,500 of two-year 6% notes, which the company is now arranging to call in for exchange into 10 par United and Under Aller, \ Thor Corp.—Par offering stock, common L. underwriting is involved. on an exploration and develop¬ carry corporation The stock program.., Prior This to UGI Co.—Subsidiary Financing— - the by Texas additional subscribers invested sum be shall produc¬ refunding to par fall, in The year non¬ from capital at transferable warrants, for working capital, ^ H. stock struction of company returns participating equivalent subscriptions than shares at 21 cents per or fully amount an No less proceeds ment in stock. company 250,000 attractive, more returns, of of production, to be issued on offering common holders to offer cents) 10 offer smelter net paid certificates based of this limited offered be to used would pay for a part of the system's con¬ which entails expenditures of about $40,060,000 this $50,000,000 in 1952. Mr. Aller explained that funds acquired from the bond issues would be supplemented by cash from internal sources and possibly from Talisman Mining & Leasing Co.—Stock Offered-— company is making a assessable common stock (par be or possibly the following spring, depending on market Texas Power & light Co., another subsidiary, may sell approximately $14,000,000 in bonds, Mr. Aller added. He emphasized, however, that Texas Utilities Co. is able to carry Texas power & Light and another subsidiary, Dallas Power & Light Co., through 1951 on - The to $11,500,000 Next \ . will Federal United Corp. (Del.)—Seeks Exchange Approval— conditions, after common stock common proceeds the with President, the company's system about $25,000,000 in financing in the next year. sidering cash set The 1564. p. According 34,399 shares new issue, >.f The notification of of common of issue new par common preferred, split of of letter a stockholders through common underwriting. 160, filed common .. preferred share one to 16 shares 19,434 share) Texas Utilities special meeting, June 8, to from 486,600 shares of $10 par • seeks also The-company new May on ♦Excludes Bellville, Tex.—Files— in¬ provide the company with ( of company per > 30,383,204'156,137,749 119,820.691 24,718.887 119,283,837 94,677,720 9,060,017 taxes__ taxes ity 15,638,967 $7,700,486 693,313 — $5,500,000 covering ($5 - , 1951—4 Mos.—1950 railway income Equip, $20,843,816 ; without a stock common of stock. common preferred stock, ma¬ Lines)—Earnings— between 41.440,344 32,380,327 revenues oper.-expenses Ne( 3,953,584 4,395,967 capital structure. authorized 2,QOO.OOO the working capital made stockholders Increase The Insur¬ equipment new 1951—Month—1950 sources financing program which involves the retire¬ presently outstanding 4>A% volume of flexible more The , Central $ oper. Federal $5,205,627 $24,980,247 Texas Southeastern Gas Co., of the common stock and a private placement of a issue currently being negotiated through Lehman financing program is designed to supply the company additional crease over-all the of for-one to Massachusetts the in • 3,192,597 1951—Month—1950" $6,353,224 ___ 1893. p. new preferred stock, the conversion rate and redemption prices supplied by amendment to the registration statement. The proposed sale of the new preferred stock will constitute one step 6f of to accounts , 42,391,615 8,827,114 3,151,674 from company it the Union (& Leased offsetting . . Inc. income The after will be a 38,694,996 9,234,453 To Offer Equipments— company's outstanding common stock on the basis stock for each 25 shares of common stock preferred giving effect to a two-for-one split of the common shares, The offering will be underwritten by a group of underwriters headed by Lehman Erothers and Harris, Hall & Co.' The dividend rate for (Excl. Other operationsincome— oper, ry Net 34,399 value. par holders of registration statement with the SEC on May shares of cumulative convertible preferred a Union Pacific RR. Ry.—Earnings— expenses revenue railway Net 1 2193, 1893. p. Period End. April 30— ci ; v. used operations of Vice-President p. $2,500,000 credit arrangement made On April 13, the first $l,-> borrowed. was : Net Sutherland Paper Co.—Registers With SEC— fThe 3,180.107 1,322,930 * Texas & Pacific (President Peo Damon 8. —V. Net 29, $10,595,992 1,977,067 712,821 38,052,248 The dividend a 1948 $9,065,050 oper, shares. before a Period End. Apr. 30—• railway—^.. 46,044.332 railway^____ 11,248,081 income,.3,677,443 from ry, 173, the and proceeds are to be chinery.—V. 165, p. 1362. 1949 650,666 "B" annum This brought to $2,000,000 the total amount of placed under 500,000 2,043,373 .■? 913,497 500,000 with the two insurance firms. near $9,138,165 2,092,558 income___ from Net Net (Presi¬ (President of (Executive Franz and railway__„ $11,487,761 railway.,„ oper. record a with notes Co. Insurance H. Baker Diamond Ralph > ." ** ... Melvin S. Corp.); Corp.); Airlines, Inc.). 173, p. 1796. V. Udd; C. Hamlin & Lunt); of Gypsum Refractories Frontier Trans (partner National of John Secretary, George P. Phillips. Udd tPresident,. Bheiaton Hotels, Ltd.); Geoige of Kenefick, Etss, Letchworfh, Baldy & Phillips);. John are: Phillips Samuel from ry. cents 10 of • ■ ■ ance From Jan. 1— and Lunt; from Net : President, are: D. Directors . Gross Net of subscribed, all of the funds going into the treasury ':1950 for share-per for annum.—V, x-', promissory year in RR.—Earnings— 1951 shares per stock The Texas & New Orleans of Uarco, Inc.—Loans Placed Privately—The company on 15 placed privately $500,000 additional 2.95% 15- pipeline along the com¬ northern Kentucky and addi¬ tion of 18,580 compressor horsepower, including new Shreveport, La., and Madison, Ind.—V. 173, p. 2193, to 1150. p. main tne dividend May 26-inch pany's present system from Louisiana the for ordered, and that construction approvel is received. Initial FPC of receive of $300,000 per excess the substantial portion of a 500,000 paid ■ beer nas alter Lines, Inc.—Initial Div.— its first cash stock, payable June 30 to holders three-year period ending June 1, 1954. After 30 cents has been paid on the "A" stock, the two classes receive dividends that year, on a parity, share for share. Net earnings are reported to be currently running at a rate in million 200 A !. shares be northeastern (2) 'Loss. NOTE—Sales to up "A" can Vice-President in the material needed subsidiaries 1351 $106,720 taxes income receive to deliveries through the new facilities can begin early next year. Included in the Texas Gas expansion program are the following: (1) Construction of 185 miles of 26-inch pipe linking gas-gathering Sterling, Inc.—Earnings— before testified balance of can 1893. Gas May 21 declared class 15. changed lint Line Texas for on the 1994. p. Air Cargo There are presently outstanding only 250,000 shares of class A stock, because at a special stockholders' meeting held May 14, O. 'Roy Chalk (President) and his wife, Mrs. Claire Chalk, voluntarily ex¬ daily. E. Ingham, ing, share on June through a new 26-inch lateial, Corporation. ^ contract negotiated 26-incn Pipe calls Gas pipeline required for the project. $0.04 Quarter Ended March 31— - Profit feet L. main Gas United United Caribbean directors The the southern portion of the Texas and per company's from with 1,356,000 $0.57 share___ Memphis Pullman, Inc., above.—V. 173, Trans company the and $58,051 1,385.000 outstanding— common p. taxes — shares per 173, taxes Canadian income income Net Common, Earnings " income state customers in Monday, June 4, 1951 . Trailmobile Co.—Proposed Sale— See , * to 1951 $7,631,904 3 Months Ended March 31— Federal, day a noted that firm delivery capacity of its present 2,400 mile pipeline system exceeds 660 million cubic feet a day. Supplies for the new project will come from Texas Gas' gas-gath¬ ering subsidiaries In southwestern Louisiana, which will be connected Co. (& Subs.)—Earnings— Net feet system. The Standard cubic be made available, on an inteirupt^ble basis, to the Tennessee Valley Authority at johnsonvJlle, Term. This supply will enable TVA to meet growing power requirements of two Atomic Energy plants at Oak Ridge, Tenn., and Paducah, Ky., as well as other industrial plants. The gas will be available to TVA when it is not required 1850 $12,645,051 703,025 53,141 - taxes addition, Texas Gas announced that 90 million will 1951 $18,128,021 10 Months Ended April 30— l4- . . 7 ti- offering will be underwritten by Volume 173 Number 5017 . . The Commercial and Financial Chronicle . (2295) United Wholesale Druggists, Inc. (Mass.)—Stock Offer The At corporation ($25 par number of shares stock common in April share), per is of in offered without this the stock hands 1,106 shares of preferred the of v" resale and for working pari corporation $50 at in April share, per outstanding number of ' The proceeds are stockholders and to offered without shares to be for used to capital. 1,175 shares of capital This stock the 4,000. used to working purchase merchandise for Starr, interests *ra,s of in President, the completed crude period and rels in equal monthly price of 80-acre oil the selling current cash for for has company of the in 25 $527,944- in 'This that Lease May deliverable oil (the Nidevcr announced Binkley-NIdever on and six has during of of this over Oil being $2.53 equipment. Upjohn Co., Kalamazoo, Mich.—Dedicates New Plant— Production Facilities Increased by 50%— One of placed site the in just full S. firm's meet modern operation outside Donald the most last Kalamazoo, Gilmore, production the pharmaceutical growing week it capacity need for by was President, by Consolidated under buildings and one 19 roof of acres in the company the almost drugs forces. 30 this announced said by plants 50% both and would would civilians are operations floor space in which > the it formerly occupied downtown Kalamazoo.- Net from Net V?- ry. railway railway of *34,122 *29,764 *61,946 *41,574 *37,144 Net from from Net ry. $117,202 railway 342,878 ; 395,766 *151,497 *163.543 !. *115,638 173, 691,439 *39,184 *52,678 *69,946 GIVING special consider meeting Works—Financing Plans— of stockholders has been called ($100 issuable in June 8 to proposals for financing an increase in the company's produc¬ ing facilities, August Kochs, Chairman, announced on May 18. Authorization of of $50 to 2,500,000 the to value par from 150.000 shares of and an $850,000 cumulative increase shares, in is the to second preferred stock authorized be voted company will issue a 100% stock dividend and will group of institutional investors an initial series of a lative said. second This preferred series be convertible On into March common $100 par Mr. expected common the 31, stock is shares and for to a bear total of annual If approved, sell privately 100,000 cumu¬ $5,000,000,, Mr. dividends Kochs 4% of and to stock. capitalization 9i.898 shares was of 767,388 3Vg'/c shares cumulative of $5 preferred . par Cost par), $4.04 towards about Silver the the entire end of $9,400,000 Bow, will about Silver Bow, about $1,000,000 about 1952, be was required $1,000,000 $2,600,000 for program, estimated for for for the at expansion additional be completed furnace Of this, facilities at mine of development processing plants stock and Eberstadt & 173, p. 1703. the held, with privilege of purchasing additional shares on an allot¬ basis, subject to the prior subscription rights of ment other warrant holders. The offer expires at 3:30 p.m. permit June 15, 1952, and revolving credit notes, bearing 27/8% thereafter 15, 19541, will be used Seattle-First National Bank company's construction program. from April 1, to Dec. 31, to pay oil and to fi¬ This program 1951, of during 1952; and of $5,256,850 during application, "approval of the proposed the the a by June from $26,861,000 to under represented company $12,- 1953. borrowings to that, conditioned upon earnings being sufficient, company thereafter will issue "additional first mortgage bonds the extent possible and that such additional bonds will have the of reducing the bank loans." The company further contemplates that at the time of its fhst permanent debt financing, it will formulate r. program for the com¬ plete refunding of all of the bank loans and to provide for its cash requirements, and that this plan will include a provision for the retirement of the outstanding preferred stock In a manner then to be proposed. '• ' The lending banks are Guaranty Trust Co. of New York, Mellon National Bank & Trust Co., and Seattle-First National Bank, Spokane. —V. 173, p. 1216. the effect $61,200,000 10,000,000 20,000,000 20,000,000 * 3,575,000 par)—-_ the 289,471 Shs. 100,000 shs. 100,000 shs. 4,946,412 shs. underwriting agreement Weisfield's, Inc., Seattle, Wash.—Files With SEC— & corporation on May-21 filed a letter of notification with the covering 5,244 shares of capital stock to be offered at $53 per share, without underwriting. The proceeds are to be used for working capital—V. 171, p. 1299. Strudwick__ .80 1.40 2.30 Inc. F. Cassell & & Co._ & Burr, Inc._ 1.40 S. & The Boston Nolan Galleher & Corp 5.00 Inc Ripley & Horner & Mason, .80 . Scott 5.00 Smith, Barney & Co Spencer Trask Co.—, Co., Stringfellow— (Inc.)— 1.40 1.40 1.40 Whiting, Weeks .1.40 .80 'Ji Operating income—^,, exps.' excl. of dc- Net Int. Apr. 30,*51 Apr. 30,'51 Apr. 30,'50 $536,308 $1,062,079 $1,022,817 Ipt. 356.263 685,742 657,348 72,682 72,682 145,364 $107,364 The City agent 3% D. all (as of stock actual Illinois shares National trustees When the senting 80% the trust were certificates effected that as trust of the and held of stock the for capital the of & Jeep Some the $230,973 $219,971 a Year— May on ; - been appointed mortgage bonds, * - * • - V program designed to being initiated is year the save by 24, this government corporation, several it was 1, stock of was The 13,066 1951, the the voting .(trust corporation, under originally held, 1, on of their were of the termi¬ Continental depositary the 1951, the or 20% of the As of May 1, & sq. ft. Towne of floor space will be of the stock. 179,883 shares, corporation, shares of the were repre¬ held in corporation, 1951, holders of voting trust stock of the corporation had trust certificates for stock, so 1,772 holders of stock of the voting corpora¬ tion, leaving 887 holders of voting trust certificates, representing 40,164 shares, who have not as yet arranged for the exchange.—V. 167, P. 158. Manufacturing Co. company recently announced sale of Detecto F. June parts "Kron.". Mr. 1, the sale be Included inventory, but in the ndne transaction sale of of said the used space, scale to are the machine'hours business, relieve which pressure industrial trucks and hoists.—V. of Industrial industrial scale business scale Yale .. Twyman will 1951. and Sells its Scale, Inc., of Brooklyn, N. Y. Twyman, Vice-President, said the ment, Feb. of shares, there before wax Scale Business— to Feb. date " , has first of devoted to the project— completion, will employ around 500 persons^-ln a building by the company last year from the War Assets Adminis¬ tration.—V, 173, p. 2211. effective outstanding shares exchange / York, upon 252,000 9,261 corporation through Co. of Chicago, representing 140,339 shares said a 385,000 which, $45,095 corporation Trust terminated 44,727 Farmers packaging dollars 262,683 transfer agent for by stockholders. the of of Bank and Co.—Paying Agent— Trust Co., New registrar for $2,800,000 1981.—V. 170, p. 49. due t. • . . and the holders of voting trust certificates were notified thereof requested to exchange their voting trust certificates for certificates voting $2.06 t and Millions A million $40,970 nated and 200,000 • . $22,014 TERMINATED—On amended) the $1.56 Willys-Overland Motors, Inc.—Mummified Jeeps Will Save 2,787 126,591 $18,956 agreement -which 200,000 7'' Bank paying > 6,475 136,091 bonds- TRUST * 200,000 $1.07 2584. seris Yale note loss VOTING .1943 $951,683 413,559 - E. Net 1949 $783,241 311,388 145,497 $123,610 r income income on % 1950 purchased 329.479 first mtge. on Subs.)—Earnings— anointed in oil, swathed in cotton and shipment to Army bases overseas. The company spending $750,000 for conveyors and other equipment for this cod¬ dling of Jeep parts. j$525,770 depreciation- oper. r. is -Year Ended- Oct. 31,'50 preciation for * •' + , Spare parts for Jeeps will be Oper. Prov. the $652,571 214,305 charges and taxes outstanding_____ Wichita Water dipped in Corp.—Earnings, Etc.—Six Months Ended— i* (& r T. 1 announced Wacker-Wabash *■*' for series- P, instalments • . share per p. bids annual ' ''' 5.00 & Stubbs— 1931. p. Earnings 167, —V. receive certificates, by equipment to cost approximately 1931. p. after shares will trust 15 equal . to be secured are 173, revenues income Capital 13 equipment 5.00 Tucker, Anthony & Co White, Weld & Co._— 5.00 — & Net 1.40 Inc. ,80 Inc. 173, Scott, Co 5.00 Goodwyn & Olds Operating 2.30 & .80 Inc._ Forgan & Co... Goldman, Sachs & Co —V. Riter .80 Co., Glore, Harriman Curtis June on Wichita River Oil Corp. 1.20 Inc, noon $3,504,000 Year Ended Dec. 31— .80 Mitchum, Tully & Co—___ 1.40 Paine, Webber, Jackson & Co.— 2.30 Co.„— 1.40 & First Folger, 2.30 & to 1951, and to mature in 1952, * The certificates $4,452,455.—V. 5.00 Mason-Hagan, .80 Co Dillon Estabrook Brothers Mackall & Coe__. .80 Dickson & Co., Inc.__ Eastman, Lehman dated July 1, beginning July 1, Johnston, Lemon & Co .80 Kidder, Peabody & Co.— 5.00 W. C. Langley & Co.— 2.30 Lee Higginson Corp._______ 2.30 .80 — be W. .80 Co., Inc.—. to E. Hutton & Co.——,. 2.30 Investment Corp. of Norfolk .80 1.40 Branch, Cabell company up purchase from it of 1.40% Parsons & Co.—: 2.30 Hornblower & Weeks— 2.30 Blyth & Co., Inc.—.*. 5.00 Bosworth, Sullivan & Co., C. The Hayden, Stone & Co Hemphill, Noyes, Graham, 7.30% _____ & Robert W. Baird & Co., Inc. A. G. Becker & Co. Inc.— Western Maryland Ry.—Bids for Equipments— . Webster Securities ' The SEC each underwriter purchase at the subscription price the percentage set its name below of the opposite shares not purchased upon exercise of but the obligations warrants, of the underwriters may terminate on various conditions: ' • to agrees 1 - 7,000,000 shs _ ' ' 100,000 shs UNDERWRITERS—In for Virginia Electric & Power Co. — Stock Offering—The company has-offered its common stockholders of record May 25 the right to subscribe for 449,674 additional shares of common stock (par $10) at $19 per share, on the basis of one new share for each 10 shares until be make orderly and economical provision for the long-term financing of its construction program." The com¬ pany contemplates that its permanent financing incident to the retire¬ ment of the bank notes will be dene in two or more steps. The first step, to be taken late in 1951 or early in 1952, will involve the issuance of mortgage bonds "to the maximum extent the bank possible and loans at that time will be largely or all retired." It further contemplated is for 100,000 shs ($10 near working capital. " *' ' 4 Co., Inc., of New York is handling both the private sale of the preferred stock and the loan agreement with The Equitable Life Assurance Society of the United States.—V. F. will Outstanding 289,491 shs dividend $14,000,000. electric phosphate to to Power & Light Co., on authorization to enter into for borrowings to than loans the SEC 23A % later part, According 1,000,000 shs, (etc.) expected paid stock, $ expansion in 999,150; FINANCING cumula¬ dividend $4.20 Common Life of PRESENT ____ , said the company will borrow $4,000,000 more from the Assurance Society of the United States, bringing the total of this loan to $9,000,000. This loan, to bear interest at 3%, will mature Sept. 1, 1970. Repayment will begin Sept. 1, 1956. The new funds are planned principally to expand the company's electric furnace plant at Silver Bow, Mont., and to increase facilities at its four processing plants. Mr. Kochs remarked, "This has been made necessary by the continued increase in demand for phosphorus and phosphates." On completion of the present expansion program, Including construction in progress, the company's capacity will be Increased by about two-thirds. Equitable (not bank nance, • Harris, Hall & Co. value,. Kochs stock common upon. TO series dividend Drexel for been Closed stock tive, R. Victor Chemical EFFECT F Davenport & Co A have Authorized Preferred Coffin 1931. p. stock refunding mortgage bonds__ Unlimited 2%%, due March 1, 1975— $64,000,000 3%, due March 1, 1978 10,000,000 Series G 27/»%, due June 1, 1979 : 20,000,000 Series H .2-74%; due Sept. 1, 1980__ 20,000,000 Notes 1%%, due 1951-1956— : 546,57$ *6,902 *95,955 income ♦Deficit.—V. *42,698 *43,792 ■ railway—— oper. $63,381 maturity of American the covering to outstanding 30 and Series Anderson 1948 *59,544 From Jan. 1— Gross 1949 $84,508 income oper. 1950 $51,964 to 1951, Corp 1951 from common Since June years. 30, CAPITALIZATION Stone Ry.—Earnings— /April— Gross the on . .Utah of to uankr; interest at the rate Series E to armed subsidiary application witn exceed $26,000,000. Proceeds of the borrowings, on News. the- rate April not of in gas at First was increase enable and $127,000,000 $42,000,000 made to 1. plant spend 1948, quarterly dividends "have been cents per common share. For the 12 months the company reported operating revenues of $65,043,371 and net income of $10,436,265. 1,500-acre a spent company supplies electricity in most of Virginia North Carolina and West Virginia. It also supplies Norfolk and Newport portions consecutive $5 nation on June on new company expects to Of Field wells on the Binkleyapproximately 7,000,000 bar¬ years.—V. 172, p. 2029. 12 the company, agreement contemplates the expenditure DIVIDENDS—Dividends barrels ten-year per barrel) productive last help finance the company's treasury for costs of previous the and an will a oil lease company's million 1946-1950 improvements This May 28 capacity, in ended Nose ten quantities such produced the sale Coalinga consideration certain drilled lease therefrom a sale 11 Washington Water Power Co.—Seeks Bank Loans— has agreed to BUSINESS—The and paid Universal Consolidated Oil Co.—Sells Lease— G. new 26 " E. of resale 1419. p. banking group head¬ In chiefly on new generating capacity. Since ly46 the company installed 220,000 kilowatts of new generating capacity, and during next three years expects to complete a total of 550,000 kilowatts natural capital.—V. -173, the reimburse or During and from 1951, (no increase will program construction. has Pittsburgh, Inc.—Offer underwriting. to be the United Wholesale Druggists of The PROCEEDS—Proceeds additions to An investment ed by Stone & Webster Securities Corp. underwrite the offering. No established no are for June 11. on construction preferred stock (which is callable at par) has dividend rate and dividends are not cumulative. The proceeds from the sale of the 1,106 shares merchandise the public. The purchase stock underwriting. This will bring outstanding to 10,000 shares. (EDT) would patents, become equip¬ trademarks, except and manpower released by was conducted in Philadelphia, defense requirements for Yale 173, p. 2095, 7 7 (L. A.) Young Spring & Wire Corp. (& Subs.)—Earns. 9 Months Ended April 30— Profit before income Provision for Federal income taxes Net 1951 Canadian Capital shares per p. 172, $3,730,850 - outstanding share 2130. 1,728,182 1,423,200. $2,556,679 $2,735,178 408.658 408,658 $2,307,650 408,653 $6.26 — Earnings 1949 $4,513,360 i 2,501,503 income —V. 1950 $5,053,182 taxes and $6.81 $5.63 ,• 9- i ■ * Financial Chronicle The Commercial and 12 A . Monday, June 4, 19. i DIVIDENDS payment date. » 2 6-15 7- 2 6-15 Hickok 7- 2 6-15 25c 6-29 "V (quar.) Corp.__ Consolidated Cigar Corp. (quar.)_ ,___ Consolidated Edison Co. of New York, Inc.— $5 preferred (quar.) —i_ Consolidated Gas Electric Light & -Power Corp. Investment Commonwealth 7- 25c Solvents Commercial 50c 6-27 6-15 $1.25 8-1 7-6 6- 6 7- 2 6- 6 75c 7-10 6-14 2 6-13 ;; 7- 2 6-13 Addressograph Multigraph Corp. (quar.)___ Aetna Casualty & Surety Co. (quar.)_ _ Life Aetna Albertor. Co. Insurance (quar.) 50c r 2 6-15 37 l/2c Inc., common (quar.)__—______— preferred (quar.) —____ & Western Ry. (s-a I Allied Chemical & Dye Corp. (quar.) Allied Electric Products, Inc. (N. j.)— Alden's, 7- 2 6- 8 7- 2 6- 8 7- 2 6-20 11.06 »/4 4Va % $3 American .• __—_ Si Derrick Co.— (quar.) i. Snuff Co., Tobacco Co., Arkansas Power 75c -convertible-preferred 2 6-14 7- 2 6-14 7- 2 3 7- 3 6-15 6-30 6-15 7- 6-12 dep. receipts for Columbia Telephone (interim.) ord. (quar.) •«.. Burriham G% i Butler \ Corp., 6-30 6-14 6-30 6-14 Fibre 35c 7- 2 6-15 7- 2 6-15 6-16 1 7-17 7- 1 Bread Dry Ginger Ale,-Inc.', Canada 1 6-14 7- 1 1 1 5% 3%% Carriers (quar.)_. (quar.) _—___ (quar.)—___4_'_____— Company, preferred & General common Corp., at $42 29 share plus this per June dividend. Ltd. ._ Central Fibre Products voting, common— common Extra National — Corp preferred A B 1 6-14 7- 3 6- 7- 3 6-20 3 6-20 $50c 7- ,_ Ry. 6- 1 6-11 6-20 6-30 - 6-12 6-12 s 6-1 ; 6-22 6-30 6-20 15C 7-20 40C 6-11 50c - - 6-13 25c 77- 150c (quar.)— Co., General Candy Electric Co. 6-15 7y2c 2 66- 8 6- 8 ".': 7- 2 : • 25c ; 37y2C 15c "6- 40c 6-13 6-30 6- 1 50c 6-15 6- 6 Parts -Genuine 9334c 7- 2 6-15 10c 7- 2 6-15 (quar.) Co. 60c $20c tion 6-29 7- 40c 6-15 6- 5 80c 6-15 6- 5 5 6-15 6- 6-15 6- 5 6-15 6- 5 $1.18% $1.183/4 25c 7- 6-11 2 7- 2 6-11 6- 6 6- 1 6-13 6- 4 6- 1 5-19 5c 6- 1 5-19 6- 1 5-19 6- 1 Grand (increased)_ (quar.)— (s-a) Supply (quar.) CJimax Molybdenum Co.— Clinton Water Works— 7% pfd. Entire issue called for redemp¬ tion on July 15 at $100 per share plus this dividend 1— Coast Counties Gas & Electric Co.— 4% preferred A (quar.). 4.30% preferred B (quar.) Coble Dairy Products. Inc.. 5% pfd. (quar.) Collins Radio Co., $2.75 pfd. (quar.)_ Colonial Life Insurance Co. of America Colorado Fuel & Iron Corp. (quar.) Builders 6- 6-15 5 Class 7- 5 6-15 7- 5 6-15 7- 2 B 6-18 Lakes (Daniel) Extra 6-11 Hall 45c 6-11 Haloid 6-11 6-15 7- 1 6-20 1-2-52 12-20 50c 50c 7- 6-20 3 6-15 6-30 7-15 25c 6-30 30c 62 y2 c 68 %c F.) (W. (increased quar.)__ prior Co.. 6-11 Harrisburg Gas Co., Common (quar.) 6-30 6-11 Hawaiian 6- 1 5-15 Hawaiian 7- 2 6-21 Hecla $1 6-11 6- 4 371/2 c 6-29 6- 8 Holme 7% Brass Mlg. $62y2c 6-30 6-11 Nation-Wide 6-30 6-11 National 6-22 6-11 National 6 National Commercial (George preferred & Decatur (irreg.) Corp. Breweries, 6-15 6- 7- 3 6-15 6-20 5-31 $$1.50 7-16 6-30 National 7-16 6-30 National Sewer Pipe Co., 7- 2 6-15 New New 7- 2 6-11 6-30 6-21 6-30 6-21 New 6-18 6-28 • 9-18 $1.12% 9-28 50c 6-21 6- 7 No-Sag 60c 6-20 6- 8 Oahu 15c 6-15 6- 5 Ohio 20c 6- 7 5-31 10c 6-12 5-29 25c 6-20 50c 7- 2 43%C 7- 2 6-11 Alkali l i.—_— Sugar Brass & Sugar Co., Ltd (quar.)__ W.) Co.. (quar.) common (quar.) . 6- 4 Class B * class River Sand, 6% 6-14 6-14 6-14 25c 7- 2 6- 6 6-15 $1.50 56(4c $1.1834 7- 2 7-2 7- 2 7- 2 6-18 6-4 6-11 6-11 25c 60c 6-8 6-15 25c 20c 6-15 6-15 — $1.25 $1.25 6-23 6-23 $1 (s-a).—__ 60c 6-12 7- 1 , • . —_—— (quar.)_ (quar.)— 50c —_ ,1". A common (quar.)^ 6hio Forge & Machine: Ohio 7- 2 7-2 6-15 6- 7 6- 6 5-31 — (quar.)_— Ltd Co., Co., common 6-20 7- 2 6-21 7- 3 7- 2 7- 2 —_____ Co Co. 7- 2 6-25 Insurance Spring 6-28 ' 6-15 6-11 Niagara 6-15 6- 4 40c Orleans Public Service, com. 434% preferred (quar.) ___—_— New Yorker Magazine, Inc. (quar.) 6-29 6-14 6- 8 6-20 5-28 6-15 (Pgh.)— Hampshire Fire Insurance Co. 9-28 6- 8 $$1.20 Ltd.— (accum.) clase A (quar.) England Laundries., Inc.— preferred (quar,)— 7-14 6-15 . 6-4 6-21 15c 75c —>— England 10-15 $37V2c _____ New - $6 — Co..— Mfg. Quarterly 6-15 $1.12y2 ___ & 6-15 6- 5 7- 2 Co. Radiator Screw __— National Union Fire Insurance 2 7- $4Oc —— convertible $2.40 $15c (quar.)____ common (quar.)___ preferred National 7 Ltd., Grocers, — Extra $1.50 75c $25c — Ltd. 50c 6-20 6-15 75c 6-15 6-15 RR.— $5c 6- 12V2c (s-a) — —9334c Securities Co., Inc. (Md.)___— 15c Aviation . 6-15 6-28 6-29 6-15 6-22 7- 2 guaranteed common 7Vz'/c . V 6-15 7- 2 " $20c 30c 50c 50c of , (quar.)___ .__ Agricultural Mining Co. _________ America, com. (quar.)—:i 4% preferred (quar.) _________ Mutual Fund (Kansas City) (quar.)___—__ Myers (F. E.) Brothers Co — Corp. Murray 6-11 $1.37% Co Co.___" Paint Co , Ltd. Co. of Texas, Inc 6-11 1 30c 30c Corp Investors Plan 6-30 7- 6- 8 6-8 5-31 Co., A 6-22 $1.37% (quar.)____ common 7-14 >7-5 6-15 6-15 $1.25 I preferred preefrred Hastings 6-20 6-20 5-31 6-20 6-29 7- 1 20c (quar.) preferred 7J/2c 6-14 50c (quar.) common (quar.) 4'/2 % (quar.) Harrisburg Steel Corp. (quar.) Harvey Hubbell, Inc. (quar.) | • 6-11 2 $1 Harbor Harris-Seybold $5 6-25 35c common preferred (quar.) Plywood Corp 4% 6-29 7- 32 (4c 6-15 • 7-1 Murphy "30c (quar.)_ Co. Printing Company, 4V2% $1.75 Service 6-15 .6- 5 class Mueller $S3 : — Public 6-15 36c — 37V2c ; 7- 2 Utilities preferred (quar.) Montgomery Ward & Co., com. 4.50% $7 —___—— Quarterly 6-30 6-29 7-2 (quar.) Co. 40c Company— 10c 7- 1 7-14 dividend) (quar.)__ (stock Extra 10c (B.) •. _„___—________ 15c Montana-Dakota 8* 130c Wire Co., Ltd. (quar.) Grinnell Corp. (quar.) , Guarantee Co. of North America (Montreal)- Gulf (s-a) . T-io 6-30 6- 7 6-20 6-30 *. 6-22 50c $1.25." (resumed) ___—25c Rubber Nashville (quar.) Plating Great Green 6-28 . P.rick,: Inc.__—jf.—20c Building Co. (quar.)_________ 30c Corp. 10c — 7- 2 7- 2 (quar.) $75c (quar.)—— (quar.) preferred preferred A Class ______ Appliance Corp.__~_; Mission " 7-10 20c ; 4% 100% . 6-15 6- 1 6- 4 6-15 6-15 6-15 6- 7 6-18 5-29 6- 5 6-19 6- 8 / 6- 8 6-22 $1.12V2 50c 6-15 10c quar.) (increased 6-15 6-15 7-2 common 7-25 Paper Co., Ltd.— Great Lakes 7-1 Reiineries, Mohawk 110c >'6- 5 6-30 6-30 7- 1 Mission 5 plus Corp (quar.)____ 6-15 -6-15 6-15 6-22 6-8 8 6- 6- 6-8 - 6-15 ' 5-31 6-30 6- 8 6-30 6- 8 6-30 6-8 7- 1, 6-15 5c-. preferred 12-20 25c 25c 22V2c 6- 1:: 6-20 9-19 20c 100% 1 1 6-15 6-15 6-15 6-20 (quar.)__.._____—$1.75 Moore Drcp Forging Co., corn, (quar.) 20c 434% convertible preferred (quar.) —_ 59%c Morgan Engineering, common—_ 25c $2.50 prior preferred (quar.) 62'/2c ; 6-15 7- 7- 7-18 - " ; , > 3c —_———50c Company j 6-15 ~~3~5c Stores (quar.i Great Lakes Industries, Inc 6-27 $1.50 share Inc Varnish Rapids 30c $1.50 per 25c _____—_— (stock dividend). common Morris Drug Gray 5-22 25c $10 — ; conv. Murray Industries, Grand Midval 6-21 20c : dividend.) 6-~7 3 at 30 June on 1st ' called for redemp¬ issue (entire Co., A (Directors took no action on common pay¬ ment at meeting held May 26). • • pfd. Corp. Class 8- . 6-29 6-29 6-29 6-15 f$l * 25c $2.25 ___i. Crrp. Metropolitan , Co.— Coal Alden Glen , Inc.— preferred (quar.)_________— Miller Manufacturing Co., com. (qttar,)____ 4 50c com._ —__ (quar.)— conv. $1.25 1 $1.25 ' L.) (W. 75c (quar.) • May Department Stores (stock dividend)— McKinney Mfg. Co. (quar.)____ $1.50 $10c 7 6- Iilaxon 25c Mills, Inc., common (extra) preferred (quar.)— General Petroleums of Canada, Ltd., 6-.5 6-15 9-29 80c $1 4(/2% 75c 10c Company Mid-West 5-16 6-12 6-12 6-30 fl5c * HVzC ': 6-18 (s-a)— • Merchants Distilling Corp. 4 6-15 v tl5c i Structural Steel Co., Ltd.— Metropolitan 1 6-30 28V0c fl5c • 6-12 6-30 8- 1 7-2 6-29 6-29 6-30 " — & Co., common preferred 6-15 ■ 6-30 6-20 7- 2 7- 2 3IV4C ' 10c _____ (s-a) Baumann 6-15 6-30 34 %c . 6-15 6-29 r 50c ... $1 - 6-15 5% 8 7- 2 7- 7- 2 6- 9 ,-.7- 2 Mengel 6-29 — (quar.) 1 6- ' 5-31 6-15 6- 1 6- 9 -1 6-15 36c " 35c $2 > 10c & Hoverson Co., com.— J.) preferred Medford % 7-30 5c ' (quar.) Co. 4 7 6-15 6-15 " "5-31 58c (quar.)__________ Corp. A. Extra V 7-16 6-15 $$1.19 com. 5 6-15 . 5-31 $2.50 ' 7- 2 $1.05 8c common , 1 6 6-30 6- !• (quar,)__ class A 6- 6-15 Mastic 6-18 2 6-22 Co., common (quar.) 31 (4c preferred (quar.)_______________ $1.12y2 Asphalt Corp. ——10c Matson Navigation — 25c Maule Industries, Inc.—_____________—__ 5c 5 8-30 ■r 2 preferred (quar.)______________ $$1.25 Maryland Casualty Co.. com. (increased s-a) 50c $1.05 conv. preferred (s-a)_——.—__ 521/2c $2.10 prior preferred (s-a)— —$1.05 6-18 2 7- 20c 3% 7- 5% 6 6- 2 6-22 ' 6■ 2 Maryland Drydock 7- 8 7- 6-8 6-15 MacKinnon 6-11 _ 6- 6-19 7- 2 ( Lukenheimer 6-11 35c " 6-15 6-25 . 2 . * 6-30 25c ' 8 7- 30c 10c 4'4% 6-30 420c ; 6- 6- 1 > 6- 8 , 8 6- 25c- - 2 9-19 12-20 Ludwig 5-31 v 8 $1.06'4 $1.12'/2 25c $1.75 20c 25c 35c 7- common.... (quar.)_____ Lindsay Light & Chemical Co.— 7% preferred (quar.) ____— Loew's (Marcus) Theatres, Ltd 7, 6-12 6-15 6-30 6- 12-31 6-15 6-23 5% f. 6-12 - ' (quar.)— preferred ;7 7- 2 2 lquar.) B Lindemann - S5^" "75d* '"•Vr > (quar.) & A Class 4 6- 6-14 9 7- 9-29 12-31 Lefcourt Realty 6-11 6-36 (quar.)_: Co. . 1 6- 7-2 , 1 6- 28c (quar,)___-i___i^_—fl5e (quar,)__, :— tl5c , 6-20 2 ;* V- 2 6- 50c 6-30 *15c Lang & Company (quar.) " . 10c Lawrence Portland Cement Co..;—25c / 6-30 . 37y2c ____ (quar.) B i Class i- 6-14 6-30 60c 5-31 6-11 10c 10c (quar.)__—__________ (quar.)_ ! — A 6-20 6-14 7- 7-16 37'/2c 25c *■; (Alfred) Class Class 6-29 $1.50 6-15 6-15 ___ Co. ; (quar.)__ ___: -/Class B 2 i2y2c — Steel Lambert V 6-22 ~ Gas Extra . 1 6- 7-31 Co Laclede Laclede 6-29 7- 25c 5% $2 RR.__ Semi-annual Cleveland 1 50c General 6- — Co., common convertible preicrence Mahoning 8 5c common— & 11 6- 6-15 6- 6-29 — Co., Mfg. preferred conv. 6-15 6-12 1 6-15 Electric Plante-Choate 5% j (quar.)—_ common common A.) General " 6-15 - Controller Clearfield 8 $1 (quar.) Dock & Canal (quar.) South Shore & South Bend Wire & Cable Corp. (quar.) 4.80% $1.06 Vi 7- 12y2c 6- 6-10 7-10 4'/2 % Greening common..,'— Chicago, Clark 6-14 25c Chicago Circle 6- 1 $1.12y2 Products Corp. (quar.) Chatham Manufacturing Co.— Class 3 7- • 6-10 6-20 series (Julius) Common Hudson Class 7- $40c ; 6-15 preferred (quar.) ; ' Gary Railways, Inc. (Indiana) (quar.l Gear Grinding Machine Co General American Transportation Co. (quar. I ' --*20c $70c ' 6-15 50c Co.- 1 6- 7- 5-15 Mill Kuhlman La 6-15 $1.37 V2 class & Company, B.) Garflnckel ■;5Vj2% 4 6-25 40c Certain-Teed 4% 6- 80c 4%% Central . 37y2C _____——_—: Gas & Electric— preferred (quar.).,— 4.75% preferred (quai.)____ Central 8 .6-30 ^ preferred(quar.) 6% 2 6- ; stock (George 5% Cassidy's, Non-voting .7- . 1> 6-18 7 Glen-Gery Shale Brick Corp.— Carthage Mills, 8% pfd. series 3— ■" Entire issue called for redemption on : 6- 6-11 $1.62 V2 : convertible preferred Fuller " 5-31 6-13 $10c Insurance preferred 6-10 $1.50 (quar.)—_ — Ltd.4quar.) — (Winnipeg) (s-a) _ Canadian Indemnity (Winnipeg) (s-a) Capital City Products Co. (quar.) Carey (Philip) Mfg.,, common (quar.)__— Carnation $1 (D. 6% • 1 6- 20c Cottons, Canadian Fire 6-11 6-21 6-15 7-16 1 Company, Inc., common (quar.)__l preferred (quar.lj.—,——-—i— .4% 6-30 — (quar.)_ Co.'s, -334% Fuller 6-29 25c 6-15 Custodian Funds, Inc.— Ltd., preferred Fraser 6-13 * 2 6-15 2 6-15 7-2 Koppers 25c dividend Preferred ' 7- —— Inc., preferred $4.20 6-13 6-30 6-30 Fair Franklin 1-15 10- 6-15 3 7- 5c 1334c investment.: & Co., Inc. (increasedi Kingsburg Cotton Oil 7 2 2 5-31 7- $12'/2c fiOc ____________ 6 6-30 f.50c ___ ________ Ltd (Walter) Kilburn 6-28 6- 7- 25c (quar.) — (accum.) (intial)— - Co., Shoe Stores, ' 9-15 2-1-52 $1.50: Co.__ Stove Stock 6-15 7-16 6-30 ■nrg 6-15 Coal & Income net 6-28 7-16 7- 2 • , 6- preferred preferred Vz % Kidde 25c (quar.)—— (quar.) Building Broadway Florsheim 6-14 7- 75c preferred $4.25 Canadian 1 4 ' Inc. Food ; 5c com. <quar.)_ 5 ■ . 10c —__________ 66- $1.75 Fiduciary Trust Co. of New York 1500 Walnut Street Corp., $4 pfd. —— Ltd.__ Co., 6-15 6-11 75c 6-14 7- $.1 Fund, Fidelity T , 25C Ltd. Canada, of Products Florence 1 8> 20c $i.i2y2 (quar.) preferred 4V%ic 6-15 ; , 7- $$1.50 y 6-29 35c" ,r. (quar.) ______ Publications Federated Fifty $$1.50 (quar.I Shops Bake Federal ; 6 6- 7-23 a6% —— 5-20 56y4c , 5 _ — 1 $35c Fibreboard -Products 5.0c preferred (s-a).-f Manufacturing Co.r common,—_ Oanada Farmer Candy Shops. Inc. Farrel-Birniingham Co. (quar.)— Fanny 0-14 25c common 6-11 6- 35C 6- • 6-11 6-30 140c (quar.) — 6- —— Battery Co.——_____ Burgess-Manning Co. :»■ 6-30 Company 35c Burgess > * 5 6-29 ; 6-30 Inc.' (quar.) ———1_ ' 6-11 50c 6-15 25c Co., 6-12 6-30 $1.65 3 — Watch 6-28 ■ 7- 5c ——___ 6-13 50c Family Finance Corp.,1 common * (quaf.) 4'/2% preferred (quar.)___————- 5c (quar.). 6-13 3 Co 6-15 6-15 common,— 3 4 6-11 6-14 7- 2 (quar.) — (quar.)_____ Kaynee Company, common (quar,)_ ,— 7% preferred (quar.)——-————_ Kearney & Trecker Corp.________—__^ Kckaha Sugar Co., Ltd —__ Kelley Island Lime & Transport Co. (quar.) Keystone Custodian Funds, Inc.— Series K-2 (speculative, pfd. stk. fund) from net Income invcstment______ Scries B-l (investment bond fund) from '25c * 1 6-22 (quar.)— — preferred (quar.)—__________ 7- ' 1 6-28 2 )Johni 4(4% 4 6- 7- Corp. 15c preferred Co. Exolon 6-15 > 6-15 2 6-15 I2V2C 7- Co.— Common ; 6-15 1 7- '•>7- 1 7- 6-22 2 12y2C (quar.)_— pfd. (s-a)_ 1 7- ' $2 % . , . —— Life Insurance Empire 7- $1 " Corp. (Cal.) & Williamsport RR., 7% Ex-Cell-O 6-15 2 7- $1.50 common Products $1.37y2 ; 5 5C preferred prior Electrical 2 7- 7-16 Inc., Ferries 35C — 6- pfd. (quar.)— _ " conv. & $2.50 (quar.)__—.^——2— com (quar.) 6-15 ' 6- 5 7- Shoe Corp., 6% pfd. (quar.)— Joseph & Feiss Co., new com. (initial) Kansas Gas & Electric (quar.)— — Kansas Power & Light Co., com. (quar.)! Irving $1.07 (quar.) Mfg. Co.— (initial) common 6% $2 Co., 6-12 Distillers Corp., Incubator, 5-23 20c : 9 12'/2c $20c ' $2 class A (quar.) Bril.ish-Celanese, Ltd.— junior 6-18 1 $2.25 Bridgeport Gas Light Co. (quar.)__:— Brillo Manufacturing Co., common (quar.)_ preferred 2 6- 15c 1_ —_—. 7- • 6-15 $1.03'/a —— Inc., common Oeducedi convertible preferred (quar.) 55c —- $1.25 (s-a) 7-16 35c 2 62,/2c Ironrite, . 92'/2c ' (quar.) 5'/a% preferred Controller Elmira Corp prior preferred 7- 5C Co., common (quar.)—a_ convertible preferred (quar.) ______ Bulova Boat Electric 30c Brass Brown-Forman 5 6- 75c •' 8 • — Register, Electric 6-13 2 30c — 6- 15c — preferred 6'/2% Egry Electric 10c Management (quar,) B Class 6-15 7- 10c ,_r. 6-11 50c - — 7 %< 5 7- 8- 1 1 6- 6-25 $1 common— Co., preferred (quar. I Dunhi'.l International, Inc. . 8 6-15 - 6-20 6- Coke Co.____—~ lV2c International Power Co., Ltd J60c International Silver Co., 7% pfd. (quar.)— 4334c Interstate Hosiery Mills (quar.) 50c Interstate Telephone Co., $5.50 pfd. (quar.) $1.37 Investment Co. of America jfirrog.) I2c 6-13 6-15 (reduced) Power 6-29 2«/2c Baler Co., common (quar.) 5% preferred • (quar.) Edison (Thomas A.), Inc., class A $15c Baumann piamond Bridgeport Bullard Duke 5 6- 6-30 SI (quar.) 6-20 6-11 > ' / (quar.)__ (quar.)_... A (John), Inglis International 6- 6-19 _ (increased) Corp. Bondhplders 4 5c 7- — common preferred (s-a)—— 5%preferred (s-a) — ————_ Bcatty. Brothers, Lid Bii'dsboro Steel Foundry & Machine Co. Buckeye 6-14 Class 5 50c Power Corp. Draper 2 $10c —__ Vz % $4 6-15 6-15 7- 9334c ' 65? 2 New Ludwig 6% 2 7- - (quar.) Co. Oil Bayway Terminal Corp Bearings Co. of American, / 8 6- 7- -7- 2 6- 93 %c Economy z B Products Co., 6-15 6-29 25c Body Co._ Baumann (Ludwig) & Co.— ' 7 53 %c (quar.)——_ Steel Oil British 7 6- 5-31 6-30 25c &'Light, $3.70 pfd. (quar.)4% preferred (quar.) 4.28%- preferred (quar.) Dempster Mill Mfg. Co. (quar.)— Dctrolc Aluminum & Brass Corp. <quar.i__Detroit Steel Corp. (quar.) * Diamond Portland Cement (quar.) Dominion Glass Co., Ltd., common (quar.);. 7% preferred (quar.) 50c Batavia Ainer. 6- 2 6-15 6-15 ' 6-30 $2 (quar.)________ Ingersoll Machine & Tool Co., Ltd.— 7'/2c Hudson Co. & 6-15 6-30 Fxtra Delaware 50c Quarterly ' 2 7- $1.50 (quar.)——— Refining Co.— : 5'/2% 7- $1.50 Company - (quar.) Ltd.— participating class A_____ Blue 6-18 $1.75 — Products, Inc. (quar.) Automobile Insurance Co. of Hartford— 4 5 6-15 7- 2 , 6- 9 60c (increased) 4%% See 6- 6-29 _______ (quar.)__44.4-_444r4-!: B Ba-ber 6-15 25c Mfg. 2 10c (Chicago) Co. (quar.) Hotel 7- 75c i RR., 8% pfd. (quar.) — Long Hook & Eye Co. (quar.) : Pinna (A.) Co., 6% conv. pfd. (quar.) — 5-29 Michigan Electric— & 4'/2% preferred (quar.) Industrial Acceptance, Ltd. / 6-15 7-10 Stores— Fisher DeWitt 5 37 '/2C pfd. (quar.)—4 $6 pfd." (quar.) — Class De 1 6- ___ 6% A (Increased)-,- Bankline 6- 15c & Light, De 6-15 2 6-15 , „ Armstrong Rubber, class COc 7- $1.50 common..; American Automatic 6-20 —___ preferred (quar.) American Stamping preferred 1 30c , G% Fabrics 7- 2 6-30 Dayton & Michigan Delaware American >3.75% 6-20 20c American Auto 1 7- 5c 334% & Indiana ; 25c — Corporation, common -(quar.) pld. series A (quar.) Dana Decker prior preferred (s-a) France-Fomite Corp _ Republics Corp. (quar.)__ preferred 7- 25c of Del.— Corp. W. D. 2 6- 6-12 $1.50 La Atlantic 5-31 . convertible Atlantic 6-15 50c ___—___—!___ quarterly Insulator Common $7 6-20 5 6-29 of Creameries preferred $2.50 5 $15c Co,— Ltd America (quar.) Manufactuiir.g Co. (quar.) G. Cigar Ccrp.__^ L.), (R. Crain 66- 50c Machine Co.. Mfg, Crampton Daniels (quar.) Foit Co., common & Hoist Increased $1.50 6-11 1 (Houston) Co. Insurance $6 preferred (cuar.)___——__—___— American Hardware Corp, (quar.) _______ American 6-15 7- 20c , Anerican 6-20 35c Hair American 6-14 1 $1.75 — Quarterly American 8- 2 7- Crown Ltd.__, General American 1 7- 50c (quar.) Factors, 9- $3 6-15 6-15 15c Foundry & Continental 6-15 8 40c Independent Pneumatic Tool Indiana Associated Telephone— . '/ 2 6- 7- (s-a)_______ guaranteed 4% lines Leased ' 6-15 3 7- 5 6- 10c (quar.) Semi-annual 8 $25c (increased quar.)__ preferred '7% 6-15 2 25c _____ 1 7- Illinois Central RR.— 53c Industries, Inc.— Copper & Steel Continental 6-15 6-28 preferred (quar.) Gas (Reading, Pa.) 4(4% Consumers $1.75 (quar.)_ !quar.)_ (s-a) Inc.— Dairies, Common Hunter 7-17 , 7 6- 15c 5c Hubinger 6-15 30c % % (quar,) Consolidated Retail Stores, com. 8 6- 6-20 11 (4c preferred (quar.) Aluminum Co. of Canada, 4 % pfd. American Can Co., 7% preferred American Cast Iron Pipe, 6% pfd. American i 50c convertible Extra ■' ■ 7- _ ___ (quar.)—,: Rendering Consolidated $1 Corp, Allegheny 45c 7- 62V2c 7 6- 6-15 50c (quar.)_____ Company (quar.)_ 1; Mfg. Corp._2^___i._______—— 6-15 2 7- . 6- 6-15 Harvey Hubbell). (see 2 . * 2 7- 45c (Increased quar.) Drugs,,-Inc. (quar.) Ball 3i Bearing Co. 7- ' si Payable of Rec. Share ■ (quar.)____——— Laboratories (quar.)— Co. 7- 35C common Inc Appliances, Co., Ltd. Gas 6-15 17V2c 17V2c 10c 50c 40c 25c ! Hoover Hubbell series B pfd. 1 Safety Furnace Honolulu Hook 5c Name of Company Abbott 4% % Holland 6-14 (quar,)——_ $1.12(4 <quar.), —— $1 4% preferred series C.(quar,)___——— $75c Consolidated Paper Corp., Ltd. (s-a)__ Consolidated Press, Ltd.— .■ ■"',4 4:'4/'7>4:7 i6y.c G5c participating class A (accum.) $1 Baltimore, ol Co. ■ Holder< When Per Highway 7 6- B 55c —.— A class Oil, Class • 2 7- 6C Share Co Powder When Holdert Payable of Rec. 6-25 6-11 Per , , 25c —.41 Participating • Hercules 12v2c common pfd. .(quar.);.—__ i —1—. participating 50c r* Co., Baking Columbia grouped in two separate tables. In the first we indicate all the dividends an-» nounced during the current week. Then we follow with a second table in which we show the payments previ¬ ously announced, but which have not yet reached their Dividend announcements are • . ■Name of Company Payable of Rec. Share *""" Name of Company ; Holdert When Per - . . (2296) preferred (Continued on page 45) 6-1 6- 1 6- 5 5-31 6- 8 6- 8 5-31 6-15 Number 5017 Volume 1T3 .. 13 (2297) The Commercial and Financial Chronicle . Stock Record «» New York Stock Exchange DAILY RANGE OF PRICES WEEKLY VOLUME OF TRADING YEARLY RANGE DF SALE PRICES FOR EVERY USTED ISSUE Year 1950 I per 39?4 Dec S per 6 S per share 54 y2 Jan 1 NEW Range Since Jan. 1 Lowest Highest share 21 share" 59 y2 May 41% Mar 15 1 Dec 30 3 27% Dec 29 27% Jan 2 July 12 25% Dec 29 25% Jan 2 30 May 42 % Feb 14 37 May 16 43 Jan ' 6% May 17 4 y8 Mar 15 ACF-Rrill Adams 8 53% Nov Apr 4 17% Jan 39% Apr 17 13% Mar 15 22% Apr 30 Jan 3 11% May 2 55% Mar 9 47% Jan 18 52% May 9 28% Nov 27 26% Apr 3 121 % Jan 19 3 48 Va Dec 15 20% July 13 110% Jan 121 5 ?% July 13 15 Feb 49 9 1 3% Jan 2 % 3 15% Mar 29 23 Dec 28 67'A Jan 4 77 Oct 18 2% Jun 27 5 Va Dec 29 3 86% Dec 58 July 74 Addressograph-Multigraph 26 Admiral 50 7 Mar 131 3% Jan 19 Feb 2 May 31 4% Jan 2 30 76% May 24 87% Jan 2 20 82 1 19 36% May 26 100 Nov Jan 86 4 5%% 27% 27% x27% 27% STOCK 38 *37 yb 38% *37 Va 38% EXCHANGE *53 53% *53 53% *53 53% CLOSED 24 24% Corp__10 w w 50 11 *51% No par 27% 100 *129 2% Inc Feb 10 5 common 5 2% 11% May 27 *80 11 10 71 y4 May 9 Allied 23% Feb 2 Allied Kid 83% Nov 60% Aug 24 58 19 23% Dec 22 30% Jun 1 20% May 25 28% Jan 4 Jan 26% Dec 11 32% Jan 13 Feb 16 44'A Sep 100% Dec Jan 28 93 29 81% July 12 99% Dec 20 93% Mar 15 30 38% Jan 11 34% May 24 98 22 84" 48 % Jan 42 % Mar 15 28% Jun 44 27- July 13 53 % May 31 3 July 36; 40 Jan 161% Dec 2 4 May 12 10% No oar 67 *20% 67 Ya 21 % *21 No par 32% 33% 33 33% 33% -34."-; 43% 43 17'/a Apr 160% Jan 30 82 Dec Feb 5 Apr 30 100 ; Jan 15 78 Jan 7 27 67% Jun 16 57 88 10'A Jun 27 20 Dec 30 13% May 23 30% July 101% Feb 7% Jan 3% Jan 43% Dec 8 109 % Oct 4 105% Apr 10 14 y4 Apr 21 10% Jan 10 July 8% Apr 21 3 Jun 22 14 190 27 Jan 93% Jan 35 Oct 170 18 7% Mar 115% May 4% 55% Jun 18 38% Dec 18 74 Mar 29 28 Mar 14 32 % Jan 7% 85% May 17 27 40 V4 Jan 23 18% Jan 4 22% Feb 9 27 22% Jan 25 28% Feb 24 Jan 8 Feb 2 71% Jan 2 97 13 115% Jan 90 7 76% Nov 8 Jan Oct 21 2 16 178% Jun 19 171% Jan 113% Jun 23 111 Jan 49% Oct 6 45 233 10 13 103% May 4 101% July 12 97 32% Jan May 143% May 58% Jan May 24 conv conv American I per 18 • 8% May 19 24 July 31 17 Jun » 64% Jan 1 12 >A July: 12 54 Jan 1 ; 79% Oct 44% July 12 43% July 26 4% Jan i; 25% Aug 3 I 75 8Va Dec 49 t • 81% July < i 5% Jan ■" 3 101 90 6% Jun Aug xl2 Aug l <■' 175% July 18 V 28% Doc . : 1 37% Dec 28 102 32 12% Jan 15 1 80% Feb 70% Mar 28 24 14 •149 ■ Apr 23 126 27 1 17 27 136% Oct 13 130% Apr 10 22% Feb 3 J20% Jan 3 64% Nov - - - 27- 57% Apr 121% Mar 28 xll7 12% Mar 22 8 84 May 5% Feb Mar 61 ; 27-% Apr 18 24 Nov 21 , " - 19% Feb 7% 5 87 2 2 28 38% oau 24 36% Jan i 2 28% Dec 106; Jan 110% Mar 19% Feb ,9% Jan ' 12 11; 4 8 100 % May 72% Oct July 12 x5l x25% Apr 28 41% May 2. .66.% Jan Nov 18 ; 17% Dec 11 > 36 . - 15 ,7 33% July 24 .. 49 3 < Feb 26% Jan l2. . - 89 Jan 3 Dec 20. % Dec —47% Oct 120VaOet 26 18 23- Fcr footnotes cee page _ 24. 29 110 3 83 Jan 53 204% May 29 • Feb 55' , 17 % 8% Jan 13 51% Jan. 29 130 Jan 29 / f 1/ 15% 15% *84% 85% 85 85 13 ?4 Xl8% 18% 61 *59 % 61 18 Va *60 par - , 74 % 1583/4 *38% 126 * 32% *35 12 Va 72 ' > *130 *21% » 1533a 107 107 107 12% 12% 9,000 6 5% 5% 4,100 110 % 110% 110% 2,600 173 172 173 34% 34 34% *81 Va 82 Va 81 81 80% 80% 300 29 Va 1,800 42 / 1,800 82 Va 82 *81 Va 30 29% 30 30 41% 42 41% ..50 42 19% *19 19% 235 > 130% 19% 25 '/4 19 Va 19% 400 25 % 25% 2,300 91 91 90 90 *215 235 Xl29% 130% 45% 46% HIGH 45% 45% 13 % £3% 6.25 No par' 21*A- , EXCHANGE 13% CLOSED 74 73 74 53% 53% 54% ,43% *41% 423/4 6% 49% *47 V4 32% 7Va 32% 32 Va 32% 7Va . 781 *76 7jj *17% 7 18% 17% 17% " 19% 19% V 99% " 15% 15% ; 84 84 xl5% • *84> 16 84Yi V *104 - 74% 158% 8% \ 106 8% ; 18% 18%' 14% • 14% 14 Va 171% 14% 173;/ 171% , - 8 8 ' 38% *47 ;39 :,- 48 /-?.•: : 8 160 *159 38% 32% _ 35% 73 ♦130% 21% 21% 61% ♦138% 173 8 ♦ 1,200 6,900 14,400 10 , : 4,700 j 200 46%' x45 45 74% 76 % • 4,100 8 . : 32% 33 V. 70 ' 130% 130% 21% 21% 155% 154% 119Va 119 37% 38% 101 *100 *78 79'/a <•; 8% 8% 5,200 36% 36% 6,200 101% 100% 17'/a 81 81 39 % 39% 39% 27% 27% 28 Va 27% 27% *100% 101% 100% 100% 33% ♦14% 7 " 49 49 _ 40% ♦15 15 *63/4 7 50 41 104% 105% V 84 ♦82 39 V* *38% 39 % 27% , x41% 43% 42% 28 101 83 85 :-85 35 - 27% ♦101 101 34 ?a . 15% : 7Va 50 V4 50% 40 3 i 41 Va i043v;i05 210 ' 12,400 , 42%: 34% 160 78 17% 38 % 6% 180 7,700 8 % 37% 77% 38% 15% 119 % ♦119% 8 84 *86 360 63% •100% 41 % 14,700 61 140 62% .. 77% 17% 33% 63% 177/a 41 Va • 60 Va 138 % 61% 140 101% 83 34 % 700 30,200 17 17% 88 21% 155 3/4 18% 17% 100 21% 154% 77 40% ' 1,700 2,600 78% 82 83 11% 132 - 36% 101 ♦82 500 119% 8% *76% 50 3,600 119 37% ♦100 !« , 71% *11% ♦129 21% 155% 62 34 119% 8 - . 34% x7l% 73% 139 , 62% I x36% 650 . 800 • 343/4 133 60 61% 140 62 ?8 8 Va 79 - 59% 138% , 39% 126 *32% 12 11% x21% 155 157 32% 35% 72% 61% 75% ' *130% 140 : 38% 126 33 *34% 12 21% 157 V 39 126 32% 35% 74%' 159 %- *38% *125 73% 8 38 1.158 38% : 126 12 119 100 , 159 Va . 17% -105 - 8% X35% 62% 62 8% 40% 105% 14% 9,500 . 39% 73 154% 154 153% - 40% Archer-Daniels-Midland -j. No par *48 Yb Artnco Steel Corp common———10-—40% / *38% 12 132 133% 6% • 18'/. 39 v4 73% *11% 12% 72% 38% 126 33 35% 32% 33% • ? "8 •' 75% 158 Va 38% 126 126 126% .*14-V2 33% }' 74% 83 *27% 31 % *170% 173 *33% 473/4 *46 • 46% 4 8% • *38% : 39% 75% 74% , . * 100 Va lOl'/a t 86 36 . *170% 1,500 240 9 14%. 18 % 143a 2,800 ' 17% 18% 33 18 ♦171% - 160 700 30% 31W 33 31 % 32% xl4% . 1,200 33 31 30% 32 Va - "; 105 f 17% 18 .17% 6.000 12% 47%' *8%. 9 100 '• 16V4 84% 104 17% 8% 6,000 t 12%. /: 104% 173/a / f. 900 20 % 47% 12% 48%' 104% V 17% 16%: 12% > 300 - 100 Va' *84 '■ 30 % 33 / (; 32% / 35% 17% 8% 8% 30 % k *104Va 16 V4 84 600 ... 17% 19%: *99% 48 i;. 7% 18 % 17% 17%; 100 Yb 4,400 78 - ♦17%. 20% s 16 47% 17% / 17% . 12% 47% 47% 105% 19% *99 *76 - 3,100 49% 33 7% 7 1,800 7% 7 Va 32% 18% 84' 12%, ...12% ..12% v/.'47% f 42% *47% 78 18'/* 17% 993/a 17% 13,200 '. 33% *76 19% 53% *42% 49% 32%. ,78 100% 700 53% ? 7% *7 V. *6% 7 *17% 74 % Va 42% *41% ' > *99% .17%; 12% 39 33% 2,200 74% 54 *47% .19% 48 i <, 53% 49 Va *76 - 18% . ; 85 104 7% "•7 6% .*47% 3,800 13% 2% 75 ' MEMORIAL DAY ' 14 75 * 2% 86% 13% 87 14 2,100 85 2»/a '86% ; 1,800 19 18% > 1,000 24%. *•24 V4 19 2 Va 2% 86% 13% Shares 6% *6 % 24% STOCK 2 Va 85% •„ *42% ^[f *23% 18% Sales for the Week t ver share 6% / 2% 53 ; 10 1——-20. 5 19% 1/100 June 1 6% 23% Xl8% '8,300 45% Friday Thursday May 31 13% . 132 45% $ per share 85% ' *73 53 .. 43% 18 23% 19% 2Va 85 *139% 45% $ per share share 23% 13% 132% 15,400 233 May 30 6 Va 19 Va *215 PRICES Wednesday 6% 6% 23% 2% SALE 40 95% 94% 953/4 / 233 45% May 2!) *6% 35 132 Tuesday: f per I per share 23% 19/4 943/4 94% x94 *215 130 129% 45% 41% 24% 19% : 223 *217 41% " 92% 19 24% *91 94% 93% 943/4 x2934 30 Va Va 300 2,900 24% xl9 92 V2 *91 92% • 24% 24% 24% 29% *41 831 40% , *172 30 41% 110 37 % , 400 13 5% 33% 61% 61VJ/4 139% 139 61% J 61% *119 % 119% . 107 107 107V2 12% 33% 34 - .25: convertible preferred-—100 3,400 33 % Glass Corp— a 10 4,300 14 Va 39% 39 , 1,300 61 13 % 13 12% , Wire & Cable—l_No par " — 18% *60% 33% 33 J7/4 37 % 100 *78 17% ^*..r—.... 18% J 400 33% H% 14 A *111 A 173 ■»> 8,/a 81/« • *38% 39J% *47 48 100 A P>W Products Co Jnc^ 4%% 15% 85% 6 *32/4 I7'>* Woolen common—No par preferred 15% 85% 172% 17% 8% 30 8 8% Hock 600 28,000 lo% 111 ! 100 preferred Anchor *. 56Va xjlo% a 5% 30% • 25- com Andes Copper Minings 10 8% Jan 22 Corp Anderson-Clayton'& Co— Anderson-Prichard: OU Corp May 17 .46% Apr 25 19 - 1°4 . 5 Common 38% Apr 27 - - $4 conv prior preference—No par Amer Zinc Lead & Smelt com 1 ;$4 13 .31% Apr' 3 13% Apr 4 ; 6% May 21 40% May 24- *12 48; ^.25 preferred Anaconda 9 30% Jan 30 3 *81 - 100 prior conv preferred. Anaconda Copper Mining— ; 18% July 13 . • T.51, 100 common 800 56% 56% 109 Va , 100 $5 44% Feb >13 25 38 3A Nov Feb Tobacco Viscose American 3 56 55 % *171% 17 No par ... 200 , 95 171% 4 18 .19 {+ 19% *99-8 100 .; 16 16 t—No oar preferred American 5% Mar 16 May 31 Co American Water Works Co Inc 6 14% Mar 28 77% An- Stores 190 *94 r 103% /..j?/8 100 American Tel & Tel Co.., 6% 2 * 5 46% Jan 107 preferred preferred American 16 10 % Feb 94% Jan 40% Dec 27% Mar 10 t Dec 81 < 16 120% Apr non-cum 189% 95 5% " .25, American Sumatra Tobacco 9 •" 98% May 16 77 Jan 66% Feb 36% May 24 16% Nov :• 8 154 15 14 7% 6 9 68% Jan 31 Apr 30 18 95 1 14 7 xj- 85% May 28 American Sugar Refining com...100 Feb 28 158 4 Dec 100 Apr 20: 63 - t Jan Mar 23 Yb Feb 25 46% Dec 21% Feb 28 ' 138 '/a 171% 32% 100.' . Snuff Co common American Stove Co—; 73% May 23 137% May 16 3 7% Jan 54% 15-id ®/s No par com—^—No Refg 7% preferred 6% 189 ' *93 109 Va *48 American Ship Building Co—No par American 189 95 ■ ' 73 53 *42% 100 . American 38% Apr 13% May 16 54% *84% 6 £378 - Safety Razor.—..—5.' Amer Smelt & < • *93 , Monday American Steel Foundries.:—No par 2 Mar 30 preferred 19 10 59% May 29 • Light.—-No par, & 37% Jan May 24 Jan Power 2 10 117% Aug 17 i . 17% 189% 188 3/a , Saturday 1 139% Jan 11% Jan 54% Nov 95 *93% 3% .39% / 108% *23% 18 /4 2 a 84 No par 9 59% Jan «• 3% 188 188 J3'1'® Gas Co—No par- 14 32% Jan 150 Natural American 13 11 158 17% -'■/ May 26. $ per share V" 2 Jan 24 20 17% *17% 6 Vb • 130% 45 % 100 preferred American Seating Co 5 Nov 161% May 20 76 y2 Jan 9 ; 42% Feb 167 - 38% May 29 5 Feb 60% Aug 1463A Jun 900 39% 17% 37 *36% 17% 13 . *220 100 No par100' -_J Fdry com.; Molasses Co 1% x41% May 10 Jun 12% Jan 3 3% *36% *17% 3% 39 % 107 94% Amer Rad & Std San'y com—No par 31% Jan 38 62% July 26 *91 1 of 111 American News Co - July 14 146% Jan 1 3% 39% 3% *36% *3% *36 Va *17% 12% 24% common..__1 preferred....- American Feb 26 56 preferred American ■ 15% Mar 17 177 * Locomotive American i 27 18% Jun 30 '■ 1,600 86% 9,100 172% *19 100 Investment Co 4%% 3 38% Jan 25 < . V American Metal Co Ltd comJIo par 10% Jan 19 29% May >1 Jun 87% *106 Vs *81 *29 % 41 % 1 Amer Metal Products Co 3 22% Feb 2 128 87% 12% 33% .50' preferred. non-cum 3.90% 31 36% Feb 29 31% Apr t 87% 107% 108'/a 10 com Products:—«- Home Amer Mach & 2 x45 • SS Co preferred Amer Machine & Metals..^._No par 11 Jan 8 31% May 29 2 18 9 87% *3% 85% *171 International Cprp.No par 1% ; 3 May 19% Mar 3 13 1 1,700 '86% 36% . • American 50 % May 11 3 Jan •J 36 Va 38% *106% 12% 5% American 7% Jan 11, 145 36% .39% American J ■ 171% May 14 Jun 2 106% Jan May 24 16% Jan 24t 73% Nov 25 6% 29 90 3 35% Dec 134% Sep 3d ■ 39 % American Ice Co common—^No par ; 14% Apr 26 2 27% Jan Jan convertible American 8 24 17% May 20 22% Mar 24 ' '6% 24 Jan 105 x8% Mar 20 ; ; Apr 44 22 ; Apr Hawaiian American Hide & Leather 19% May 15 25 15% Jan ; , 169% Sep July- 5; 50 *157%Aprr*4 35% 39% par American 86 May 21 41% Apr V 9% Jan 53 y2 Dec 35»/4 39% • , 9 8% Jan 1 2 •10% Jail 51% Mar 16- 16 39% Mar 30* • 84 1129i 185 5% July 13 34% 86% 54% Encaustic 2 34% May 2 14% Jan 16% May 12 11 % July 26 600 34% 39% •' vvV; V 10 99% May 29 22% May 23 - 95% 39 10 STOCK lORK Jan 22 33% Mar 16 2 ; 19% Mar 26 22 36% Jan 45 Va 94% LOW AND Jan 24% Feb 21 18% Aug 16 9% Nov 101 1 3 45% 94% 38% 20 9 18% May 24 47% Dec 26 32 45% 94%' 14% 10 50 7_ A : 17 % May 24 y4 May 12 ;oct Jan 16 28 106% May 17 July 13- 23% Aug - Nov 45% 94-% 14 yb No par Co 95 45% 14% No par ± 5,000 94% 14% 25 coin Sugar 51% Jan 9 May 23 16 Jan 1 56-% Mar 22 23 6% May -76 11'A-Nov 13 1 f 17 • 3 14% Dec * ■ J 29%-Jan 28 25% Oct Mar 22 29 104 * 13 21% Dec 12% July 12, 78 Jan 4 f 11 < Mar 29 16'/a Dec 13 July 17 16% July 18-r. i 13% July 43 1. J 84 6% May 24 47% Mar 2 16 18% Jan 3 " ♦93 95 100 4,200 ^ 45 14% Tiling 1 American Eur«pe«n Secur—No par American Export tines Ine 40c Amer <fe Foreign Power com__No par $7 preferred —No par $7 2nd preferred No par $6 preferred ; ___No par American Gas & Electric Co.—..10 16 3% Jan 41 % May 19 5 9% Apr 22% Feb 51% May 15 11 92 26 < t 72% May • 29i 34% Apr _ 6'A Nov 13 Dec - May 10 96% Jan - 1 13% May 24 - 17 Dec 5 2% May 23 45% Aug 25 30 24 84% May 55% Mar 22. <3 46% Jun i 4 American 9 *93 95 13,300 94 34 14 Vb 100 10 preferred series A.100 preferred series B_100 > share Feb 8 18% May 4 13. 25% Mar 22.: , ,3 t 93% Oct 2 21 % Jan 4% Mar 23; r 3 * 5% Jan 24 24% Feb 27 2% July 13 t. Nov $ per $ per share $ per share share 5% July 13 43 % 14% No par EXCHANGE Highest Y 32% 42% 18% 100 Distilling NEW Range Since Jan. 1 Lowest Highest X32% 44 61 — 3%% 9 34% 43 Va 18% Corp__._l Cable & Chicle Co.. 3%% 3 15 33 Va 61 prior preferredAmerican Cyanamid Co com 9 22 68% 45% STOCKS rear 1950 , Radio common. American Crystal 4%% *21 18% 100 Chain Range for Previous Lowest & Co (American Colortype Co 1 21% 61% No par com preferred American 21 Mar 22 Feb 81% Hay 49 Feb x45 51 23 ... 15% July 17 30 Co preferred. American 9 25% Dec 19 17% Jun Shoe American Car & Fdry com ' 68% 18% .2 i. 1,000 68 34 67% *60 14 % preferred 100 Broadcasting Co Inc____l Cable 7% 10 94 34 15% *84 % : X10 15,600 96 10% 10 convertible Can Feb 79 Brake American • 100 38% *93% *20% 43% ♦93 86% 37% 98 .50 American 30% Nov 26 preferred conv Bank Note common 2 ' 21'A July 13 cum 21 95 *80 600 " *53 % 13 % ___1 common 68 % 21 50 76% 76% 29,500 44% 95 1 " *92 67% 21% *92% . ... preferred American 19 39% Jan 2 Airlines 2 Jan 185 17 30% Apr 17 Amer 16 14% Apr 30 2 Apr 4 American Bosch Corp 6 Jan 114 5% May 21 - 120% May 24 , 5 3 %% 6% 19 44% Feb 37% May 16 5 13 90'/a July 26 178 17 % Jan | Agricultural Chemical__No par American 2 62% May 11 22 par 67%' 43% 43% *43 100 * Common_No issued" American May 14 19% May 2 Jan Amer 23 16% Apr 16 13 16% Jan 26% Jan Dec preferred "When May 14 60% Feb 2 13% Jan . 28 19 203 May 21 49 27 9 15 . 66% ■ ■ 30 14 14'A July 13 ; 23 53% Nov 22 58 .; 3 Jan 27 Jun 5% Jan 23 . 5 41 27 *66 40% Apr 27 100 Va Jan Mills Allis-Chalmers Mfg 11 20 Jun Dec Jan Dye 10 Va 1,200 3% 3 39 Va 2,700 22% 77 10 vb lOVa 10 Va 10V8 95 *92% * 45 45 94% 3%% conv preferred—.. __100 " *94% 35% Alpha Portland Cement.— No par; *34% 86% Aluminium Limited No par « *85% 3% Amalgamated Leather Co com 1. *3% 39%' 6% convertible preferred 50.; *36% 17% Amalgamated Sugar Co (The)—. 1 *17% 190 Amerada Petroleum Corp No par *186 4% 9 9 100 & 38% *93% 98 *93 % v 2% *2% *76 86 % *80 38% 10 Va f 133 22% 77 86% 37% *93% Co 2% 22% 77 Va 100 gtd Inc Chemical 2% 22% 77 a Industries Allied Stores Corp common_.No par - 26 > 36% Apr 9% Jun . Feb 47% Jan 26 98 40 xlOl Mar 13 3 % May 5% Dec 29 5 Aug 16 100% Mar Dec Allied 34% May 31, 40% Apr 20 Dec 93 Allen 20 7,700 *129 133 77% 1 Allegheny & West Ry 6% 6 98 6,000 3% 37 % 18.700 103/4 28 % 3 37 Va 36% 23% 10% 28 3% 98 *93 23 28 Va *76 36 % • 53% 52% *80 86% *80 86%': *0^ *52 *77Va 77 77 77 38 52% 3% 3% 3% 1,7C0 *37% 10% 2% 77 1,500 28% 23% 10% 22% *76 3,600 30 *27% 4 *129 2% 76 33% 28% 21% 2% 21% 76 3% 77 16 2% 21% 28 *52 DAY 14,700 6% 29% 5J % MEMORIAL 133 ♦129 30 *37 Va * Shares 52% 5% 5% the Week share 52 27% 28% 78 " 8 Va Jan 28 21% 3% - 10% 52 133 *129 133 *76 -1 27% 28% 52% 23 % 10% 52 28% *51% t per 30 23% 23% 11 Va 52 11 11 52 21% 106 $2.50 prior conv preferred-No par Allegheny Ludlum Steel Corp_No par • 13 24% 23% _1 1 100 Jan • 27% preferred A— 102 95 *27% *37% preferred w w 9% Jan 18 29 % Allegheny Corp common 5 Feb Inc 4%% 26 Apr 47% Jan 29% Equipment com Gas preferred Aldens 9 80 83% Oct 89 % Mar 27% Feb 47% Dec Sep 21 Yb Jan 29% Vlcksburg Ry •Alaska Juneau Gold Mining 4 3 29% Alabama & 5 5% 29% Corp Air Reduction 52 yb 5% 5% No par 14 31% Apr 52% 5% 1 29% Feb $3 52 5% *29% Co 56 y4 Feb May 10 ?!% Apr 74% Jan Express Affiliated 52% 10 Adams-Millis Corp 18 $ per share 2.50 Co June 1 May 31 $ per share 5% Sales for Friday Thursday May 30 S per share 5% 52 52% *52 PRICES Wednesday May 29 $ per share tper share 5 Motors Co Steel Acme **0 39 % July 14 7% July 26 Laboratories Abbott 4 33% Jan 21 Par SALE Tuesday May 28 May Hi HIGH AND Monday Saturday $ per share 2% Feb 36 % Dec STOCK YORK EXCHANGE Highest 19'A Jan 18 LOW STOCKS Range for Previous Lowest , ;. • ; - . . 24,300 39% 650 27% 4,000 110 101% 400 85, 85 70 41% ;■ 34 s,a 35 % 35 Va 5,600 *15 200 63/i 51 41 41%*, ; 153,4 63/4 50% 15% ' 15% 6% 6% 51 50% 800 " 413/8 104% 104% 15,200 1,710 » 400 * 104% 105%: 41 . . „ The Commercial and Financial Chronicle (2298) 14 . . Monday, June 4, 1951 . NEW YORK STOCK RECORD Highest 28 Nov 2 13 ,91 53 Jan 46ft Jan 93% Apr 11 17 107 % July 31 117 % Jun 8 14% Apr 104 118% May 8 19% Feb 13% Feb 9 26% Feb 24 26 23 27% Oct 19 27% Jan 2 40 ft May 7 28% Oct 23 27 ft Jan 2 40% May 7 19 Feb 25 25 118 Oct 31 107 ft Apr 20 116 4 109 Oct 19 102ft Jan 4 115 Apr 41% Jan 3 50% Feb 16 152 ft Dec 11 146 May 24 177% Feb 103% Jan 27 111ft Dec 30 107% May 23 115% Feb 21% Jun 12 18 ft Jan ft May 70 ft Dec 66 Jan 4 18 Jan 13 68 Jan 28 86 Nov 28 18 86 Jim 27 95 Nov 6 36% Jan 24 75% Dec 18 60 % Jan 99% Jan 5 105% Nov 27 97 25% Nov 22% July 13 Apr x25 24 82 May 24 83 92% Jan 41 4 20 May 23 j 28 ft Sep 5 40 Dec 2 116 Dec 35% Apr 27 Feb 27 3 119 Atlantic 3 '5 16 Feb 28 29 11% Dec 20 11% Jan Autocar 14% Jan 12 12 % Jan 3 13% May x7% May 29 8% Mar 45 ft May 25 51% Mar 3 9'/a Apr 18 37% Jan 4 53 ft Apr 18 r Austin 10% Jan 23 Va 300 33% 2,300 36% 36% 36% 36 Va 900 5,700 <' 20% 20% ft 110% 110% 111% 111 111 -48% ■49 152 153% 154% 108 V* . 19% 19% ? 48% 3,200 153% 154% 2,900 *108% 109% 19% 108% V" 19% 19% . 10 48% 155 19% 60 111 *110 *.. 49% 108 57. : 107% 1,000 3,400 28,500 : 68% ~69V* "69% •* 68% 95 r • *89 95 *88 95 *95- 98% *95 98% *88 *97ft' 101 ft 101 >0% 33 .•95 95 ;■ ft 98 '/.I <i/% ,i 98 % 98% 93 Va 98% 25 25% 25 25% 1 i ft. : ; '<1% "ft u . % 98% , 98% 25% *98»/*- 68% '68% 1,700 'i i V2 98% . 25 , J : • -20 36 ft 100 *113 ft j—No par 27,% No par a *7% *15% common pref ($1.20) _—No par Co—-——1— 5c 25 Va Corp ;(The) common——3 conv preferred «—No par 8ft/ 16% *15% 'V9% 13 12% 7ft , 4rJt)0 610 25" *35% ' 3,900 .. ' -'"'V 2,300 2,300 ., , .4$%; ftft 45% i00 10 7%: ;,ft7% • 100 .,,13%;.. 13% 7%>'7%'ft ft/;45%',145% '; .13% 26.400 : 2,500 ft.:'':* : '''' 10% Dec 10% Apr 25 15% Jan 26 9% July Babbitt (B —I 11 • May 24 15% Jan 22 Ba'idwin-Lima-Hamilton 28 18 ft Mar 28 24ft Jan 17 40 29 3 ** Dec 28 36% Apr 4 45% Feb 10 Oct 11 16% May 25 27% Jan 16 12 74 ft Aug 17 1 39% July 13 61% Dec 28 15% July 12 35% Dec 19 14% Jan 3 20% Feb 8 :65ft May 17 59 Jan 17% Jan " 2 , > 2*% July 26 30 43ft Jan Oil Barker Brothers 4ft ft 31 28ft Jan i 13 ft Jan 30 12% Jan 17 A 34% May 17 29% Jun 29 24 ft Dec 15% Mar 25 99ft May 29 90 ft Oct 3 Jan 74 3i-,« May 11 108 9 Feb 98 9% Jun 9 38 3 26ft May 24 21 79 ft Jan 3 7% Feb 7 13% Dec 18 29 y4 Jan 12 32 ft Feb 6 30 ft July 13 34 ft Jan 5 30ft Jan 31 28 10% Mar 13 May 10 107 Mar 37% Feb 13% Jan 35 Beck 3 15 3 Creek Beech Beech-Nut 18ft Oct 23 17ft Jan 4 19% Mar 8 Belding-Heminway 28 y4 Dec 12 22"% Apr 17% Jan 4 30 ft Jan 6 Bell 18 19% Oct Feb 10 100% Oct 5 92 ft May 17 94 % Mar 34ft Jan 13 53 ft Dec 18 47 ft May 24 59% Feb *85 26% May 3 Feb 23 20% July 27 79 Dec Jun 26 25 ya 2ft Jan 78 11 31ft Oct 21 10 May 21 Jan 2 1 ft 23% Feb )% Jan 6 26 ft May 21 32% Feb 33% Jan 22 37% Feb 28 48% Jan 2 Nov 28 30 ft'Nov 9 156 liu*/2 iviay 2 14 »/2 Apr 17ftJun 22 3 31 26% Jan 2 60 155% Feb & Co Range Since Jan. 1 Lowest Highest share NEW Highest $ per share $ per share 34% Oct 24 33% Mar 27 40 -Jan 12 Black & Decker 19% Dec 27 20% Jan 29 Blaw-Knox liye Jun 27 15% Dec 28 16 ft May 22 14 ft Mar 28 17% Jan 16 Bliss (E W) Bliss & 13ft Jan 4 6 3 41% Dec 18 18 ft Jan 39,'/a Jan Feb 22% Jan 25 56 Feb 13 22% Mar 25 35 ft Dec 18 33 24 38 May 14 Jan 10, 30 ft x24% Jan 12 11% May 29 17ft Oct 19 14% Jun 60 Dec 29 lift Dec 8 12 ft July 13 20 9% Dec 12 45 July 17 51% Nov 16 55 Feb 8% Dec 97% Apr 2 Dec 102 1 27 Bohn Airplane Ami Bon 3 Jan 15 19 Jan 17 Bond Book-of-the-Month Stores / Borden 9 Borg-Warner Corp 3ftft preferred 12 103ft Jan 8 May 22 19 ft Jan 8 & 9 53 % Feb 9 9 25% Oct 23 24% Jan 5 29% Feb 20 Bower 14 13% Dec 27 12 % Jan 10 16 Apr 17 33ft Jan 26 23 ft Jan 3 39 Apr 17 7% Mar 10 15y4Nov 27 13% Jan 2 27 y2 July 13 36ft Jun 12 29% Jan 2 27% Jan 3 29 ft May 19 25ft July 14 23% Mar 24 31 y4 Dec 28 20 105 % Jan 18 Apr 44ft May 17 31% July 13 Sep' 26 10 July 12 36 ft Mar Feb Jun 53 48% 100 Apr 11 94% May 25 30 _ 38% Feb 14 49 Jun 26 1 14% Oct 24 Nov 24 49 Mar 13 July 10 99 Apr 2 58 16 104 11% Jan 2 19 16% Mar 35% Apr 34 ft Mar 14% 14% 14%. 15 *18% 43% 35' 35 : Club il5 Maine 100 23 ft Mar 121ft Jun 12% Jan .3 74ft Jan 3 17 Jun 31% July 91 July 4 Oct 40 20 27 30 ft Dec 38 ft Oct 91% Jan 3 92 ft July 12% July 13 15% May 3 8 Mar 31 108 ft July 12 8% July 12 69% Mar 7 10% Dec 27 5% cum Bucyrus 7% $5 Bulova Apr 4 23% May Apr 18 Jan 31 Jan 15 87% Feb 26 2 18% Apr 18 80 88 Feb 10 May 5 100 Dec 105 ft Jan May 22 7% Mar 15 27 24 14 Va 58% Dec 19 3% Dec 29 3 8% Dec 28 8% Jan 21 12 Va Feb 56 V2 Jan 24 94 July 14 40 Jan 5 106 Feb 9 100 2 May 24 11 % Jan 28 43% Oct x24 V* 30 May 21 71% Apr 16 6 21% Dec 11 13% Mar 30 22% Dec 20 21% Jan 43% Apr 60 Dec 20 52% Mar 30 61 Feb 16 14 % July 13 19 Dec 12 17% Jan 22% Feb 5 52 57% May 15 14% Dec 28 52% May 25 12% Jan 10 55% Mar 7 20% May 16 Sep 8% Jan 14. 30 3 14 13 July 26 FVar footnotes see 1 page 24. Jan . 49% 48 7,800 31% 15 Va > Co 14 13 Canadian Breweries 13 Canadian Pacific Cannon Canada Southern ' ft " 13% 38 15% 55 % *31 Ve uiftd '/t,F 32% 43 *42% 43 -ft 50 49% 32 *100 13\ ' > 300 1,200 37 37 ft. 15 Va -ft 34 60 31 32 95 95 43 ,■>■ ft 42% 12 Va 49% 12 57% : 12 *56% *101 32% 2,100 20 96 - 431/4 49 49 12 12 ' 1,200 ft 200 ft" 2,700 57% ft .. 20 101 101 ■ 300 31. ft *56V2 57%- ' 103 ■, ,*2,100 = 43V< ft ft 3,600 15% 33% ,337/a; 31 Va *48% 102 "15%>< 32%" 42% 'ft" 12'% 102 ■ft 900 49% 28% 32% *94 50 *56% 101% 100 400 28%: 31 Va 95 *48% 12% *56% 57% - 32% 42% : 57% 12 11% 101 32 *94 49% ft.. 5,100 14% 49% . . 800 3,300 - 97 V ■; 13 V2 49%? 28%*.; ft ■ ft, 64%' " , 95 , *14*:'": 13% ;i4 *37 V* 37% 33 V* i. *95 .; •14% > 49 V* ♦27% 15% 400 21% 21 Va ft 21% 21% 21% 21% 21% 22 V* 21% "21% 4,900 *124% 126 Va *124% 126% 126 Va *125% ft. 16Va *82' *38% ft' 25Va 5 *39" 1 21 92% .100 *82 17. J *11% *124 12% .15 *80 9% —5 — *24 , *107-% *21 10 64% No par 3 __1 Copper_j—5 ft. 9% *24% No par 11% No par *100 :ft. ■ft; , 16'/* 84,. ft; ft' ...... •/. .' v 12,200 ■ 39% 25 V* 25% 26% 26% 25% 26 V* 39% 39% *39% 39% *39% 39% 100 20% 20% 20 V* 20% 20% 92 3% 9,000 93% ft" *93% 21 20% 21Va 92% 92% 92% 17% 17 Va 17 9% 9% 24 Va v 107% 81 x8% 12 Vs 25% / 18% *25 12 V* 12% 101i * 43% 101 *106 3% 3 V* 10 9% 25% 25% 12% 62% 90 21% 64'% 600 2,400 3 V* , 3 V* 9,200 x9% 3% 9% 10,900 251% 251/4 500 3,800 12'/* 12% 12 Va 12 V4 100 % IOO1/4 10014 80 43% 43% 18% 18% 18% 18% 24% 24% 24% 24% 24% 33,000 52% 200 *52% 53 *52% 53 *19V* 20 *19V* 20 *52% 53 *52% 53 13% xl8% 52% 43% 20 : •. 400 52% 52% 20 *191/4- 20 53 *521% 53 14 14 Va 18% *43 20 14 Vs *13% 14. 3,500 18 V* 18% 18 Va 1,600 *52% ' 18% 500 108 21% 10 25% 8,200 18% 20 18% *1071/4 50 9 24% 43% 53 ■ 103 - 100% 101 52% 18% 83r 3/* 18% 23% 14 V* 1,900 *42% „ 24 14 Va 8 *24 65% 23% 14 9 V* 24% 64% 3Va> 12'/2 *82 82% 65 *18% 23% 9 24% 65 93/a 100 127% 12% 21% *42% ' 82% 21% , 7,100 12 *11 Va *124 12% 90 - 17% 17% 12 V* 22% 9% '90' *82 , 127% 107V* *3Va *100 17%: 1,000 ■ *t>3 V2 ft 95 - 90 22 65% 12 V* 95 107 3 101 20%.ft. 22 * 300 " 108 65 25 39%" .39% 40 ' 24% 64% 9% 12% 8% 24% 22 9% 25% *li'/2 ♦125 81 9% 22 3 17% 12% 24 Va 24 Va 109 12% 82 *81 82 *82 - 12 Va ♦l1?0"-,. 1273 V 12% 12% 31% 12'/a 127% *124 12% *38% 90 17% 12% *12 Va 12 127% *82 90 *82- 90 *52% 14 18% 16 *82 39% *19% •'* 127 *125% 39% 23 Va 1 10 . ft 25% 25 *52 Va 84 39% 19 ' r 16 V* t 39% 43% 10 *82 *25% *42% Capital Admin class A common—1 127 16 84 ♦39 *18% No par 16-/a *82 25% 100 -ft k 40 No par Mills -16 84 *82 40 Ltd Ry *125 16% 16 16 V* 84 Ry Co Capital Airlines Inc Carey (Philip) Mfg Co 28 33% ' 97 ft 64'/a 5 preferred—-100 $3 preferred A ' 11;, 47 Va 46% /' 630 11,800 < 20'/a No par preferred 19% Feb *95 ,"y 49 , *10% ftft 80 15 20 Va 2 new Cons ft 10% 64% ft; 500 11% 14% 15 Va 47 Va *14 32 ft .ft 11% ' 10% 97 ft 13% *36 "ft. 12 46% ft 64% 14% 28 ft 15 V. DAY *31% 31% 35 20 Va preferred—100 Packing Corp Hecla "' 64% 49 • , 12 47 14% ft MEMORIAL 11 -••' -tf ^ 31 -34% . 20 Va 100 29% Feb 19y* Feb 23 .;>,... 300 ft 20% 1 4 2 18% •'45 V* CLOSED *19% 1 common— 2 17 V* Mar 22 18% 44% 35 V* EXCHANGE 15% 11% * 1 Feb 2 18% 44% STOCK ft' 44% 35% ft 2,700 20 Va No par' : Inc Co Bldg 7ft conv 18% 44 V* *34% 44 *34% 33 V* *100 Canada Dry Ginger Ale com—1.66% $4.25 2,700 15% *48% ,100 Campbell W & C Foundry " 15% 33% 43 ■ No par 1 Zinc-Lead^ Calumet & 15% ft. *20'/a No par common participating California 15% 20% Co Jackson 15% 15 Va 31% 200 15% 33 V* *94 ft ft 15% Xp Shares , 33 Va 32 Sales for the Week $ per share *20 Va common.: —J. 14" * Friday 4 "• Sper share No par preferred Callahan 29% Jan 10 13% Apr 2 Co Bros ft ft 7ft 9 108 % Mar 5 Co Forge Term Byron 10 41% Jan 15% Jan 15% Nov 4 14 5VaFeb 10% Jan 5 Jan 2,500 June 1 v> May 31 shard 15 Va No par r Copper & Zinc Byers Co ( A M) common 23% May 11 8 17 Va Thursday May 30 33 Va 15 common Butte 109% May 15 5 26% Dec 13 8 28 27 Bush May 24 Erie Watch Butler 101 ft Jan Feb 300 •'■: • 17 >96% 14% 1 1 Inc Terminal 9 9 2 1% Feb 8% July 13 Mar 22% Jan 21 17% Jun 132 *16% Va" • x 32% 34% 11 'ft 14% *36% 40 Burlington Mills Corp com 4ft preferred —1 ft 3 ft ft preferred —tl Bush 3 29 97 97 *14% ,100 Burroughs Adding Machine_.No par 9 28 ft Mar 8% Dec 24% Jan 4 * 29 28 13 34VaFeb 14% Jan 4 Oct 88 July 12 1 Bullard 19 15% Feb *17 3% Jan Buffalo 23 12 ft May 24 Co preferred 19 23 Bigelow preferred (The) Co Budd 2 24 No par preferred conv Brunswick-Balke-Collender 24 Oct *95 > *94% . 100 * preferred 4>8.ou 30 % Feb 10% Jan 19 ft 146 32% 16% ,46% 32 47% Feb 123ft Jan 17 4,000 26,200 ;; 34 V* 'ft 64% ' 95 6 15 ft Nov 127 65 *93 45 ft Jan 100 47% 64% *31% 13% Jan 25 11 Va 46% 64'/a *31 Va 84 100% Aug 17 18 82ft Jan 11 47 Va 64 Va 2.50 May 17 18% Jan 11 47 Va issued"_100 preferred 92 21 146 18 > 2,800 35% 17 15 No par 3%ft 39% May 21 23% May 24 38% Jan 2 18 3 28 Va 50% .,'51% , 35 15% xl5 15% 36%-' 36% 20 34ft Jan 28 Va ft 35 \v 4,650 12,700 16% 11% ••■12'-- 38 Shoe 126 1% PRICES/ *34 12" 13% & 2 6 78% 16% *31 27%', 27% ' Brown 19% Apr May 23 25% 33 *16% '-ft SALE 351 12 49% Brown 28 Feb 25% *75% - 145% ft. 32% > 12 14 "when Bristol-Myers Co common 29 - : 49% 1 21% Dec 15% May 24 400 6,900 1% 78%.; 145% $ per 31% 28 3 17 26 83 ' ' .ft Wednesday 31% 11' i —5 L .35."ft. 35 14 16 15 ft July 123 r share ver 31 »/4 *15% Roller May 23% Jan 1 25%," 52% 17% RR— 13 ft Feb 2 12 95 300 1,800 50 Va 35 V* *18% :! 19 ft 44 Va 43% • *27' preferred 103 ft Mar Jan 25 *92% 51 Va ft 12 "when issued"—100 new Brooklyn Union Gas com 20 Oct 95 51% 35 •>- 31 % s 1.25 Ihc common 19 *18% 19% 43% 5 No par —No par 46% May 8 53% Feb 16 11 Jun 20 % 15% ' *49 17 25% Feb 97 Va 9 17 14 18% Jun 18 26% ... 16% Briggs & Stratton 1 35% Jan 18 % July 126 18 25% *19% ft ft 28% HIGH *34 16% Bearing Co_ 5 Airways Inc 3.50 Brewing Corp of America— 15 Bridgeport Brass Co-—No par Briggs Manufacturing Corp..No par 5 ft 16 105% Jan 62 v 2,300 18 1% May 29 $ 35% Braniff 100 3,700 , 31% 19%"'. 1% 28 V* ^32% ft >60 12% 31 40 3,100 83" *30% ..' 32 700 "ft ft •. • 26 25% Tuesday May 28 % per share 16% (The) Common 7% Feb 27 i 30 29% 12Va 50% 147 AND Monday > - *34%' 1 4 Co May 26 I per share 16% Inc 31 22% Dec Jun *16 3,600 ft... ' 106 • *82 ; 51% >32% ft-: 17% LOW 5 Class B Boston 20 32% 32% i6 ft 17 Va f *16 ' ,2.50 A class Co 44% Jan Jan 45ft Jan ft 35 Brass & Jan Apr ft *146% 32% 16% Co Aluminum 71% Mar 14 147% 32% > 35% • *146 : >' 1,500 :ft 20% ft 36 , Va " 51 900 ' : 28% 27% i* ft,. 106 31% > *76% X35% 147 Va 35 Inc Laughlin Boeing 12 95 *147 •" V. 51 % ft . .V'j.ft 12 ft". 1% 36% 51 25% 27% 36% 28 1 52 2 27% 50% No par Co 12 Jan 25% 10. ; >1,000 10'/a >35% , 32 *92% 50 ftft'1% 36% * 9% 19% 79 % 50% . - 11% 95 ft. " 36% .'♦27% ' 20% 'ft " 83 1 / ft. 1,200 ft;;: *39 ft' .40% ift 25% 49% 1% 35 ' *30% * *92% 25% 1% ft No par 60 % Jan 9 25% ft.,,ft'ft- 29 '>■ 20% 6,400 , 10% ft ftft": 30% : *77% 1% ? . 21V* 106 .ft:: ftV ; *19% 49% 40 *104% 11% ft ' 49 Saturday Mfg Co 16 1 25% ' Co 46 ft May 24 73 ft May 26 15 May 24 21 25% Par 27 Jan 95 STOCK YORK 26 8 *92% 48% >>:'ftft'>';:;-" » EXCHANGE 13% Jun 18% Dec 95 48% 80 *39 *-r»vft - V"> 1 900 9,100 24,400 ft' .18% . 21 Va ftft 10 Va 18 *92% 1 $ per share 25 ft Apr 39 s. '■• :t. STOCKS Year 1950 Lowest | per ' ■ *82 *17% 17% . ■ . 20 Va 31% 20 1 Range tor Previous - 11% 26 — 71 83 32 17% (Del) com—No par ♦66 ft ft ■- •V 10% : ;ai%> 19% ft" 39" : 39%: .'Ml% ft ft: ft 17% >17% ft: 68 : ft: ft,';" ft* 65ft ft / 68 v ' ft 71%-;.,:ft;,;.; 71% ft 71% 20 Va ft,ft; 20 Va ft 20Va ftft 28% *31 19% 1% 39%!:;. 17%;: 17% 28% x31 25% 7ft preferred 100 Bigelow-Sanford Carpet—-.No par Birmingham Electric Co No par 7 '•28 - ii% 20 *78 39% ft 35 32 31% 18 32 * 20'ftft 'f 31% *31 26% Foods 9 Apr •> Best 1 *19% common.—10 Corp Bethlehem Steel 16 36% May 17 Loan Best •;■ '■■11% 32 10 common 11%f s 19% >ft ft-; 106 83 *26 pfd $3.25 ser of 1946.No par 1 30 11% 27 ft" 82 *17% Benguet Consol Mining Co—18 pesos 5 Jan Co preferred Cum 27 82 t *104 v ft, , 31% Aviation Beneficial 8 49% Dec July 13 4 % ft 105 —1 —1 1 Corp Howell <fe Bendix 30 1 ft Jan 39% May 26 21 139% Jan 9 10 26% Mar 13 30ft Jan Bell 9 84 ft Jan 20 July 14 31 'A Apr 23 21ft Jan 90 14 1 2 105 5 3 1 4 34% 100 13% Jan Aircraft 34% 27% 11% 11% ft ft' , 10% 35 ':io%- n •ft f. 39%",ft-,: 21- 10% 10 Co .' ft-'20% 10% *34% 83 *31 50 RR Packing 12% Feb 12ft Jan 100 —1 pfd Beech Aircraft Corp 9 Feb 33% Jan 4%% S) (A Shoe *39 - 21 20% 105 •*82 40 • XlO% 35 *27% 1 ♦39. ft 10% ♦103 convertible preferred—100 Beaunit Mills Inc common 2.50 21 88ft Apr 12.50 10%, ll%>ft . 40 21 r , 69 10% *34% ft ftft 11% ■ 20% 21 3%ft 8 17% ♦39 No par Inc Beatrice Foods Co common 8 Mar Cigars > '10%: ■••• .11% 19%-. '.ft 19%; ''T9%>> yft"ft 19% '39% 39% ..39% ft 39.% ; ft: 17% 1318% ft' > 18 > 67 •• ft *66 ft 67% y ft 67 *68% ft 70 '-ft* 70 ft " 70ft ? 20%; • ft 20 20% 20% - 39 ft 69 150 1 preferred Works Corp— Bayuk 11% 67 *20; 10 4 9ft Jun ft *66" _10 common., 11 lift 19% 17% 50 100 (Delaware) Corp 39 100 Bath Iron 9 1 preferred non-cum . ' 11 10% 19 ft Corp Bangor 6c Aroostook common 'Convertible 5ft preferred Barber Apr 23 23% Feb 3 2 Jan 37' - 77 20ft M>»y 16 26 Jan 39 2 74ft Jan 4% 11% 100 Baltimore & Ohio common - 10% 13 Infc T) 20 ft Dec 27 Apr 13% Jan 30 28 Jun 17% Feb 63' 26 3 15 V* Aug 5 17% Jun 9' ; B '■ % 70 • 8% 16 % . *15% ;• . 13 Va , . ■; 30 - .-*8'/a . 1,100 113% .,*26 ft.,-; 8% 36 *112% ,< ...T .-w- >• *i5%ft; i6% n ft ft 9%, lOft f 9% 13% X7% ■7% r46 45" ' 30 8V* 16% 9%'. 13% 113% *26 8% *15% / 45% 36 *112% *3 ;; 7% 45%' 46 ■If 13 7% 7% 45 ft . > :9%'; ,'*8 10 *26 ; ",37V* ",. 35% 113% 30 "" 113% 30 • 16 ft ft Avco Mfg $2.25 *26 8% 36% 113% 113% ", 27% *9% ft Co of Amer___5 Canteen 36 ft 35 ft 36 ft 114 13 Conv prior 16% Jan 25% , ,• . Nichols *25 5 ; Corp Automatic 5% Jan 98% (voting) Tack 29 '<• *98% 95 , ft 10 Va 23% 33% DAY ft' 20% 48% ,r 700 l03/4 23% ,33% 110% 71ft 100 1 Common- Jun 13 70% B series 4% convertible pfd ser A Atlas 5% Jin Mar 15 *97 *17% 10% *23% MEMORIAL -j2 *88 *88 18 20% ft' da 68% ft 68% -ft 67 ft 1 100 _25 17% 10 110 115% *1i4'/2 110% ♦111 • 107% llo% 20% 19%; 20 ft ft r *17 110% „ 152 ft 107% ,* •114V* CLOSED 20% . .v 49 ft 151 332 67ft 112 EXCHANGE 114% 98 110% .20ft ; 110ft *48 ft 20 5/64 common $3.75 Corp 10% July 11 9 20 No par common preferred Refining 17 15% Apr 20 Xll4% ■ *97 Va ' Atlas 9% Nov » RR I SS Lines Preferred 17 Line Coast non-cum 30 14% 37 108% 5% Jan 7% May 24' 37 *107% 6% Jun 13 37% *36% 36 151 " 7 July 34 *149 ft 31% Dec 15 33% *111 Jan 31 33% 48ft 41ft Jan Mar 15 27% May 26 110 23% 112 Atlas Powder— 105 18.-,, 10% *23% 48ft Atlantic *97% Xl0% *111 Atl G & W 2,600 98 STOCK 11 10 — 1,000 57% 23% ♦109ft — 80% 56% 10% 19% —— 80% 57 23% 110ft Ca 80 % 57 *17% 19% Investment 80 57% 18 *35 17,800 10 Va 80 % x97% '' 97Va 98 ft ft- 33 Shares 10 80% 1 116 32% the Week 57 . *17% 32% Sales for , S per share 10 Va 9% , *115% & Refining Co com_„l Friday June 1 May 31 $ per share 9% , 18 11% preferred—No par 9% Thursday May 30 $ per share share per 116 23% Rights 7 28% Feb *115 par Atch Topeka 61 Santa Fe 93 ft Feb 27 May 21 78% May *97 ft *109 ft 98 ,105 ft Jan 98 ft 1 100 100 9 Feb *97 ft 23% 1st 7% 21% Mar 19 2 May 16 pai *10% Associates 8 19 57 2.50 Dry Goods common preferred 2nd preferred 6% 3 *17% Dec 80 56% com—100 5% non-cum preferred100 Atlantic City Electric Co 10 26 100 »/a Jan 80 56% No par Inc Associated 4 2 59 ft Mar 39% July 12 79% 56% *17% $1.20 cum conv Mar 31 Apr 98 May 24 79% pai 5 Ashland Oil 2 20% Sep 3 Mar 10 par $ 10ft. 9% Corp Industries Arvin 9% Carpet Co Inc Artloom 9 28 Mar 15 104 Constable Arnold 16 17 ft May 18 12% Jan 28% Sep July 12 21 No No $3.75 preferred No $4 convertible preferred—No 9ft PRICES Wednesday May 29 $ per share t per share SALE Tuesday May 2X 5 $6 conv prior preferred 5 Jan Co of Illinois com & Armstrong Cork Co com 7 July 13 July 17 8% July 13 21 * 12 59% May 10ft Jan 4 May 18 27 19% Dec 18 Mar 16 112 Jan Armour 9 92 3 105% Nov Par 12% Jan May 24 Aug 10 100 '/a Mar 13 May 26 HIGH AND Monday Saturday $ per share 9% May 24 78 STOCK YORK EXCHANGE Highest $ per share 11% Dec 13 39% July 26 69 Lowest $ per share $ per share 7% Jan NEW Range Since Jan. 1 Year 1950 Lowest LOW STOCKS Range for Previous 100 f Volume 173 Number 5017 . . The Commercial and Financial Chronicle . (2299) NEW YORK STOCK RECORD Range for Previous stocks Year 1950 Lowest * I per share 102 Jan . 27 % "x7% »• 110% July 13 July 27. 50% Dec Mar 13' 10% Jun May 29 33% Mar Apr. 2 56 2 25 •» 8 Carolina Carpenter Mar, 9 Carrier 5 11 % May 7 Carriers 2 66% May 9 Case Jan 145 1 Apr 42 30 May 11 155 Mar Cony 6 & Steel Corp 2 52 27 55 103% Dec .22 106 29% Mar 21 130% Jan 29 Dec Mar 141' 13 43 29 May 24 100 9 47% Dec Mar 26 43% Jan 140 Aug 18 55% Jan 106 Jan 2 13 19 * & General 152 105% May. 24 Apr 12 xl09% Jun 1 ■21': Jan 10 14% Jan 2 18% Mar 15 % . July" 13 July 14 17% Apr 18 20% Aug 29 15% Jan 3 17% Mar 22 15 : Jan_3- 7% July 17 '4 "* Jan 3: , 15 . Jan 1L% Apr .3 26 39% Dec 8% July 13 18% Jan 6 17% Dec 26 38% Feb , 113" 9 Jan 105 27 24 % Feb 10 4 35% Feb Apr 17 27 20 18%' May 23 29 Mar 26% Dec 20 18% May 24 28% Mar 2 16% Mar 13% Jan 2 15'A Mar : 9 21- 2 12% Jan 1 12 Sep 9%, Oct 20 , 17% Mar 30 , Dec 24 3 6% July 14' v 34% Dec Feb 8% Jan. 33% Jan 28 11% July 26 18% Apr 29 14% Jan.. 2 17% Feb 29 33% Apr 6 40 % Feb 9 30% Jan , 98 26% Dec ' "76 Jun 30 15 7% Mar 29 24 28 29 15 Jan 28 80 Apr 27 90% Jan 2 Dec 29 14 May 24 23% Feb 24 18 21 May 19 27 Feb 13 10 12% Jan 17 Feb 9 20% May 24 33% Mar 24 19 10% Dec 30 8% May 23 23% Dec 38% Mar 28 62% Dec 28 53% Dec 17 36% Jun 27. : July 12' <11 % July 26/ 3% Feb 11 26 20 13% Apr Sep July" 19} 62% July . "■ *' l't Jan 16 Chicago Yellow Cab—_L_No 19% Jan 16 Chickasha 8% Feb 8 64 Feb 13 1 19% Mar 30 1 50 Feb 82% Apr 59c 13 2 14 • 26 Jan 41% Dec .36% Dec 24. Range Since Jan. 1 • Lowest" i: V Highest 31% Jan, 3 43% Jan, .82 Jun" 30 Jan 28% Dec 16% Feb 8% Nov 20 93 • Mar 15 20% Jun 16 8% Jan 3 23 1 Feb 1 27 53% Apr 19 93 Jan 21% Jan 89% May Mar"n 24 40% Dec Mar 30 72 38% July 26 , 150 1 2 38%' Apr 29 87 • . 9 Nov 100% Feb 15 53% Feb 14 73. NOV 29% Dec 43 July 17 99% July 12; • 5% Jan 134 y2 July 27 70% July 17 112% Dec 946 Dec Jan Dec $4.50 Cleve 31 2 44% Feb 30 109% Jan 27 • 5% May Mar 28 36% Feb 131% May 16 85% Apr 25 138 111 132 . Jan 94% Jan 1 Jan 50% Nov 24 Clinton cum 91 Cluett 4% 3 cum 2 55% Feb i 21% ;. 36% 36% 23% Jan 3 Jan 10 21 36 13 37% Dec 16% Jan 13 41% Dec 21 37% Jan 8 56 15y2 Jan 13 38% Dec 21 35 % Jan 9 61 24 '; 47o — 28% May 22 33 25 40 Oct 11 27% May 22 32% Apr 13 13% Mar 3 Columbia Columbia 11 '■;= Apr 13 14% Apr 14% Oct 13 8 13 11%. May 28 14% Feb July 11 72% Oct 24 58% May 23 ' 65% Mar 19 July 26 10% Dec 30 y2 Jun 43% Dec 29 18% Nov "14 22% Mar 12% Jan 39 % Apr 28 6 .19% Jan 2 4 2 48 % May 9 $4.25 4 22% Mar 10 Columbus & So 15% July '26% Dec > ! ( 37% Jan 2 45% Jan 29 67% Jun 1 55 19 18 45% Jan 22% Jan 8 24% Nov -24% Apr 26 >43% Dec 18 5 8 28% May 4 23% Jan. 2 30 3 9%. Jan 2 33% Mar 16 12 Mar 6 23 2 27% Feb 6 28% May 24 35% Jan Jan 25 28 7% Jan 1 Jan 2 106% Jan 4 7% Dec 30 11% Feb Nast Publishing Co Congoleum-Nairn Inc.— 11% May 10 Consolidated Coppermines Corp 31% Feb Consol 27 108% May 28 $5 23 > Dec 20 112% Dec 18 105% Sep 26- 27% Jun • • Jun 27 10% July 13 9% Mar 8 10% 28 Jan 99 107 19% Mar 3 10% Jan 3 12 1 47% Feb 6 45% Jan 11 54% May 14 26% Jan 23 34% Mar2L Consol RR of Cuba 6% 13% Dec 28 12 16 Feb '17% Sep 22 12% May 24 18 Feb 3 18 16% May 24 21 % Feb Dec 7 Jan 4 Dec •32% Dec 11 30% Jan 2 113% May 12 104% Apr 23 111 106 106% Dec 29 : 88 100 102% Feb 3 Mar 30 Mar 16 36 14% Apr 24 4 19% Jan 100 17 2 Apr 23 23 ' Jan 2 11 32% Jan 24 107% July 19 4- 93% Jan 24 Jan 41% Jun May 32% Jan 2 • 95% Apr 20 -9 34% Mar 113% Mar 110 15 106% Jan 21% Mar 99 106 Jan 30 12% Jan 10 16% Feb 78% Jan 11 64% Feb 1 9% Dec 28 July 17 50% July 13 13% Dec 5% Jun 29 55% Jan 25 96 • Dec 8 May 24 78 16 5 May 28 39% May 4 9 1 1 21 13% Jan 3 27% Nov 25 For footnotes see page 24. Co com. . Container Corp of Amer 47c preferred " Continental $5.50 $3.75 pfd (conv)_2—■ Fibre Continental Insurance Continental 32 Feb 1 ; par 10 69% *69% . 87'A 50% *94 21% .,: 48 j. "When • Continental Steel ' 10 71,' 14 goo 51% 50% 51 5,200 102'A / CLOSED 104 101% . 9% *9 *89 89% 30'/8 18% i. *30 19,600 9% 89% 30% 30 18% DAY *150 88% 18% 175 ■ 10O *87% 88% 443A 108% 343A 343A *34 71 *69%'. ' *40 34% 34 44 *86% 32 50% 900 280 * , 34% *69% * 300 70 43 33% 32 108 20 31% < 34 6,500 31% 108 1,700 108 270 ' ;4% 33% 33'A 7 136 . ' 108 - 443% 110 *40 : 34% 4% 135 87% . 4% 333/8 135 87% ; 43/8 4% 1,200 . 33% 331/a 1,000 135 ... 87% 1113/4 113 *850 *94 71 443/a 44 550 88% 110 34% 1,000 2,600 155 *87% 44% 108% 1,900. 18% *150 44% 32 112% 50% 180 102% *9 *89 108 33 V. 5,700 / 112% 135 *86% *825 40 87% 20O 111% 1,700 50% 111 > 2,800 *825 50% 50% 503/4 95 933A 94 50% *933A • 95 30 20 19% 19% 19% 19% 22% 19% 21% 193/4 700 22.. 21% 22% 213/a 21% 8,000 ,48 49 49% 50 50 50% 50 50 46 47 47 47 47 32% 31% 323A 30 3% 31% 29% 30% 30% 32 30 30% 29% 295/s *49% 50 50 50 / 200 *50 50% A. 100 *46 ! 47 30 13% 11% 13% 11% 13% 11% 13% 11% 60%. 11% 11% *58% 11% *583/4 11% 60% 35,800 12,800 21,900 2,900 *583A *583/4 60% 42% 43% 43 60% 43% 21 421% 21.- .42% 1,000 20% 2iya 21% 3,100 40% 28% 13% 31% 13% 43 43 20% 21 ' r 13% 133/s v ' 21 "/ 393A 40 40% 393/4 54 40% 53i/4 53% 54 52 53% 25% 25% 25% 25% 4,500 253/4 25% 281/4 26% 28% 10'A 28 26% 28 10,000 28% 12,700 *10% 39 % X53 103/a xl0% 2tii/4 x26 263/a ■ 28% 28% *28% 28% 10% 10'A / ' 30% 30% *108Va. 108% - 10% 30% 30% 30% 108% 108% 108% 108% 108% 25% 25% 25% 25 3A , *24% *17'A, *10%, 25% 114 101 % 10% " - 100 3/4 17% 17% 10% - ~ 101 8'A 101 51 % *24JA 25 13 *107 % 35% • *100% 17 " 33'A 101 ' 25f " 11% " 13% 102/ 37 35% 36 *101 y8 103 ' 25% y 173/4 ? 11% ; 52% f ■■ 80 160 17% *103/4 1,800 11% 52 29 100 52% 28 3/4 4,400 11 2,000 ; ; 13% 133/4 2,900 • 17'A 17% 7,200 33 3A 8,100 33% 109 .< 33% • - 353/4 *101% - *13 14% 33'A ' 110 *107%- 108 1085/8 103 540 108 36% .« 1,400 109'A *107% 36% 36% *102 10 . 3,000 103 18% 18% 18% 18 3/4 - 18% *971/4 98% 97 97'A s 96% 96% 200 36% 36%' 363/4 37 36% 363/s 7,000 95% 95% *95 971/4 • ' 9% 9% 9% 18% *18% 18 14% 64% 651/4* 65'A 65'/a 8% 8% 8% 100 3/4 993A 100% 99% 51'A 30% 50% 50% 24V'2 x23% 23% 24 1,600 97% 100 9% "18 3A 3,700 Xl4% 14% 2,500 66% 66% 2,300 8% 8% 7,500 100% 100% 4,400 *50% 51% 300 24 500 x9% 3A 66% 8'A *18% 14% 653A 100% 50% 24 18 3A ' 143/8 » ■ *95% 10 18% 24% 101 17% 13% 14% - 112 *100 13% 97/a *49 6,700 17% 14 100 1,100 25% 17'A • 18% 83/a 14,200 131% 13% ; 14 8% 43,000 112 29% 9% " 10% 108% 24% r 100% 18% ' 100 31% 10% 31 2,100 28% 1083/s 52 33% • 11% 31% 108 % 900 26% *28% 29 ( 107% 36 28% 3,500 10% 26 112 *103/4 •J 13 3A 103% *10% 173/8 .171/4 109 10% 100% r 523A 29 28 28% 26% 112 17% 107% 97'A " 114 108%: 18% *95 ' *28% 31 107% 99 V . 11 26%, 31 33 18% 36% 13% 17 99 ... 14 y8 65 8!A 131/4 13% 108% - 97'A 9% 18 V2 14 V® 52% 28% 32% 16% 97'A 65 / 29 Vs —16% 36'/2 : *10 3% 52% 13 . 10% 52 28% 13% " *107y8,107 y2 *95 * 9% 18 '/a, *112 100% 11 'A 18y2 97'A 10% 17% - 29% 13 13]/a . *100'A - 52ya. 28% 12% 103A 112 112 17% 52y8 13 28% " *49 Corp 35 29 - 21 36y8: * ♦' - 5 35 35% 46 V 35y2, 35'/2 *100%, 101 v ,2 issued" 351/4 353A 50 50% - Continental Oil of "Delaware EXCHANGE 101 50% STOCK 101 1091% *4% 95 *19% v , 35% 101% 35 175 *31% 87 Sharet 351/2 *1001/2 91% *135 113 the Week 44 *107% ' ,60 22,800 Sales for June 1 91% 33% 4% y $ per share 433A *40 33% 87 Friday May 31 91% *69% 135~ *850 600 43% *34% 108 112% ' 71% 90% 109 31% 33% 71% 42% 71 135 4,100 i, 44 4% 5 .42%. 18% *44% 33% *107 y 43/4 "• 42% *87% 31% 5 100 143/4 .:i5 42% 91 *150 33% 5 15 42% 72% MEMORIAL 44 *40 700 30 88% 35 44 33% 31% 600 17% 3,700 , 18% 108% 35 S% 12 90% 175 43% 34% 29% 91 12 *17 $ per share .. 101% .*89% ; Thursday May 30 89% 42 108% - ^5 Motors— 90% 41% *87% " Continental Diamond 18% *150 1 » $ per share 50% 9% *89 29% 41% 16%4 25 & Steel Ind Inc com cum 9% 89 V* 90'/a . 16% Nopar A.- 33 33'A Nopar.. 108% 108% No par 20 99% 18% 19 - 600. , 52 39% •.■•* „_No par 3 52% May 15 *9% 35 50 29% 88% ( 63 51% PRICES Wednesday *341% *89 175 SALE *61 53% !l Nopar —. common HIGH 35y4 100% 17% 71% $ per share ... <• 5 35% 50 i 52% 90% 12 3/4 10% : 100 com , Can'Inc 42%. ; 63 7,100 , 53% :1 com preferred., Corit Cop 57c Bakihg Co preferrecl Continental 20 106% May 11 X23% May 29 Power 42% 42% v *89 t 100% 97 ya ' preferred. i 5,500 9% 39% , preferred——i__...No 8,200 44% 9% 257/a - $4.52 223/8 44% - 52 71% 34% 90% *H2 ; '*100 * 15 $4.50 \ Jan 11 -88% Jan Consumers . —5 10c 22% 45 26 - 100 Aircraft 23 22% 15 100% .;.. 49 »/2 > • pfd—_.100 11% Jan 50% May 31 28 Consolidated Vultee 203/4. .433/4, *42 *34% 26% ;; *28%* 28% 1.33s Consolidated Retail Stores Inc •'Consolidated Textile; Co Inc 2 39% Feb Preferred 4% series C Grdcer^ Corp^ Consolidated 8 11 11% May 19% May May 24 5 Jan 18% May 24 8 ; 26 19 Sep 15 July 28 Feb 5 ■' / 100 Consolidated Laundries Corp Consolidated Natural Gas—' 22 Dec 30% Dec series B.^, 20% 43% ♦ 34% S<% ; 5 100 y2 . 1,700 1,900 25,700 ; 281/4 10'A : common—.No par «■ May 17 2 13% Jan 108 11 10 Baltimore Preferred 4 y2% 28 7 101% Jan Feb of 3 28% Dec - 25 4 24 Feb 34% 1,600 2,200 13% « *11% 100% V 21% .363A 133/4 A A *61 - May 29 .'! share "13%' 21% 363/s 9% 42% f • Tuesday May 28 133/4 1,000 16,000 44% 15 '/a AND 4,800 16,20.0 21% 42% 71 600 16% 52% N Y com.^.No par 25 Dec 28 26% Feb 115 Elec 71% Monday I per 89% 29% 39%, _1_—_^_..__No par Lt & Pwr Co •/ 12% Jan 109' > 108% Apr 23 Gas of 4%i 15 83% 20% *17 12 *41% 303/4 3/4 16% 25% 28% 10'A *26 , 10 Nopar 14% Sep - 1 3 ' 9% July 5 40 y8 July 28 15 ' 19 117% Apr 12 108% May 24 10% July 13 ; 24% Jan Edison preferred .; 89y4 "5 303/8 *82 14 441/2 17 j.- 7- - Nopar Cigar.^ r , s* »A 12 17 15% 34%. 20%. .Nopar Consolidated Cons • - 13% 11% 60% 43 5 Solvents——No par Commonwealth Edison Co™, 25 Conde 89 100 9% 51% 12 70% 35 13% 11% *58% *42 . Commercial 3 63 - 17 • , Superheater Inc..: Commercial Credit Co...— 91 - 32 44 f. 42% , 51 42 28% ; : : —No par > 20 Feb 33% May 19 109% Mar 18 •26'A July 12 106%, July 19 : 9 41 25% July 13 3% Feb 15 3 Apr 11% Feb 30% Feb S'AJulylS 20% July 12 w w___No par Elec Co.. *61 *40 ~ 70% 28'A Co——Nopar Ohio 42% 63 *15% r- ,46' 28% " 28% System Inc Nopar Pictures common.iNo par Carbon 40% 51% 4% • 101% *86JA Gas preferred 44% - 113 % 114;: *850 __ 51 51 93% 93% *19% 19% 21% 21% *46 47% 2.50 cum 22 ya 44% *89 " 34 135 Corp.—Nopar Combustion Engineering 30 47/a *33% B Columbian ■/'-A 38% Nov Class 21% 16% 42% *50 11 22 44% *133/4 9% 20% -12 .*44 40 % Oct 13s/a •- . 44 50% * * 15 1 • 1 33Va; 31%, > 47o 25% July 11 20 %, 43% *61 • 12 *133% 1st preferred non-cum 9% 20% 43% -40% ' 41 100 / 13% 13% 9JA 21% 17% 4"%.' non-cum 2nd preferred...100 Columbia Broad Sys Inc cl A 2.50 ' 13% -44k 63 69%j Corp com__Nopar r Colorado & Southern Ry com 100 Mar 19 Feb — 515A 91% - *40 Colo Fuel & Iron 54% Mar 17 ; — ■ „ 36% 14 * 20 • ■<!. 21% 36% 43% - 90% . No par Aikman & 13% 21% 36% 9 43% 34% par Collins 7 ! 21% • 13% 21% —Nopar preferred X30y4 13% "21% 41 s 30% -'36% 9 *43% 44 *108% 109 par $3.50 29 26% Feb 6 - '«• 133/0 ■ *87% ' 100 21% *150 100 10 7%' • 36% 40% No pat *31% 21% *34 1 7% < 22 34% ; t 22 .May : 200 1- 22% 13% *100J/2 , 7% \ 1,000 103 13 $ per share ~ 1 Corp____No 5 *7% *31% . -t ' 3,400 .56 103 * 10,600 343/8 553/4 ; 13% 108 com 7% 343% f i • *22 *107 4% preferred..! (The) 553/4 21% " Saturday par Colgate-Palmolive-Peet com__No 10 100% Feb 2 23.% Oct 57 2nd Co Internatl 3i3/4 21% 100 Coca-Cola 153/4 22 ; / —____1 com 153/8 *1013/4 103 , LOW preferred——100 Peabody & Co , 21% 70y8: 50 preferred 15% 22 15 50 common—.. conv 7% 12 19% Jan 10 16 ^ Inc Clopay Corp 16 18% May 24 Oct July 12 7% gtd stock...: 4% gtd Foods 4%%- 2 27 Mar 27 46% Jan 22 Jan Pitts RR Co I 16% » . Molybdenum...,—.Nopar Coca-Cola 101%' May 22 21 Jun & Special Xl5% *34s/8 1,200 ' 82% *40 - -—Nopar ', common 44%. 16 • —100 Illuminating com„No 43% 82% 12 100 com preferred Climax 16 Co preferred. Graph Bronze Co Cleve 5 40% Apr non-cum Cleve Elec 5 34% Apr 14% July 17 • 5 5 2 14 % Mar 30 • 74 Jan 57c 27 37% July 17 95 Jan 37% May Mar 15 32 3 Oct 111 26 V May 3 3% Mar 24 28 92 165 46% Feb 4 May 19 105 18 1004 7 Dec*18 Feb 25 30% Jan1 26 143 Apr 28 5 34% Dec Mar 27- 90 >40% Jan Mar 14 112% Mar 16 3% July 11 22 13 i 15,600 9% 305/a 51 ■} c.onv preferred.———_10j0 Equipment Co _20 & St Louis Ry 45% 14 253A I 16 *61 4%% C *8% 30%' 43% Par : Clark *25% 82% *40 25 C C 5 :69% May 22 37% Mar 15 29 Vb Feb 30% Jan 28 4 3 155 42% Jan 17 Jan 5 108 29 12% Jan 1 8 4 31% Dec Feb 133/4 . t 15% —— 26 < 9% 553A 32 14 253A 82% *21% • 40ct 13% 15% *16% 25 1,400 19 84 30% *82 - 20V<."~ i • 70 18% 18 J/n 44i/a 56 *31% 109% 18% ® ' 103 *7% 32 109% < *83A , 7% *30% 1,300 2,000 25% 35 55% 1,200 33% ; l8'/2 (, ; 44% 15% *101% 1,700 93/8 33% ; 19 1 < 1 \ , 54% 103 HO 18% 1 ( 3,700 46 3/4. , *1083/4 * 50o 3,100 ; 9% 9% 33% 33'A 17% 15% City Investing Co common J5 *9% 5%% preferred u 100 ,*^*89 ' City Products Corp. _lNo par 29% City Stores Co common 5 *18% 7 84% Jan 18 112%'Mar Sep 6 23% July 13 62% Jan 3. 37 • 155 19 47% May » X108 ' Sep 35 -*7% - 43 — Jun 347/8 7% 31- — 138 15% > 24 32% Mar 9% 108% 42% 15% *101% gl T.Financial Corp^—__rNopar : vL 97 ities Service Co_-_^ 49% 50* .— 10; 98%' Xll2% May 9 11% Jan 18 9% 33* 108% 9% ™ 54%- 103 089 par _25 .f-rv V : , " . .. 18% 46% 9% x33 15% 15% » stocks r-.NEW YORK STOCK ; f EXCHANGE «.*;.,vr "■■■ ; 18% ; 47% 9% 33% *34 y4 <19% » Cincinnati das & Elec com„__8.50 4% preferred ^ —100 Cincinnatr Milling Machine-Co 10 ■- 26 38% Apr 89 % May 8 29% Jan 16 18% May 2 May 12 34 3. 19 107 8 84% Mar 28 6% 35% Jun May 17 32% Mar 27 68 % Mar 22 15 preferred— • 471/2' 47 % 47 >/2 - 18 42% ; 34% % " 551% ;.9 • . $ per share . 100 29 conv ■, $ per share 34% Feb 24 109% Mar 4 27% July 26 103% July 3; cum Copper Co_——J; Chya-sler Corp _i— l83/4 47 17% - *17 32 31% > 1< Chile 93/8 18'A 17% *8% <42*% —10 6ommon_LL 203/4 9% 41% *. - Nopar L: 4,000 20% 25% - - • series A——i-100 Oil_ 15% 36% t preference—No par Fac RR Co- Cotton Childs Co . . Rock. Is & Cony preferred Feb Highest ) convertible Chic 68%. Jan 40 $3 1 9,500 15% \ 16 1 13% 15% 13% loo 110. 109'A x48 < 21"% . * par 150% xlu83/4 49% < 33% - % 22 com__No par - 61% May f" $ per share preferred J-——-—L 4% May 21 9 1 '• per share 5% Chicago Pneumat Tool 12 Jap 2 16% May 23 • 19 Range for Previous Year 1950 • Lowest; 1 Dec 84% Oct : 94% Feb 22 44 v 13.; 54% Feb 3 14% Jun <29% 52% Feb 87% Jan 19 11 7% Jun 19 4 Chicago Si NorthfWest comLiNb 11,100 *1473A l083/4 17 *46 9% 15% Chica Milw St Paul1 & p„No par Series A preferred—2—_L—100 , 483A 150 20s/a 9% 2525% *8% 9% Co cl A_I_25 58% Apr- 27 48% May 24 8&% Mar 17 14 Feb 28% Mar 300 13 < ——Nopar 59% Feb 43 , 13% Jan. 30 2 20% May 24 42%" Jan, 10 Dec 5 19 % May 24 Dec 28 44% Dec (77 14% Feb 6,900 9% 26 40 Chic Ind & Louisv Ry Class B ' 46®/B 1033/a 163A > 13% East 111 RR Co com„Nopar 20 453A 103 % 20% 9% 30% ' 30% *82-V 84 • preferred—100 150 . 47 200 103% 9% 17% *34% Chicago Corp (The) ————_i .Chicago Great West Ry Co com—50 v'' 5% preferred '—50 <■ 16 17 13% *73/,, 150 150 20% 13% 1*31 2,10o 9% 18% 55 61 *20% 19 *101% 61 1 9% 18% '/ 1,700- 62 • 20% 19 41 10% 42 9% • 10,400 10% 153/4 19% 15% ——„No par A i7ya 17 18% *9 24% ' *40% 11 108y8 16 108 y2 Mfgi__l^_*—»1__—1.25 convertible & Class 2 Jan 42%' Apr, • 30 53% Jan 27 22 y2 3 26% Jun 28 51V4 Dec Jan i.3 , Chic 9 38% Feb 3.%% i 9 33'A Jan 12% May 24 preferred 15% 18% 41 % 23% ; 400 150 16 y8 *17 24% 2,900 " 42 45% J 108 • 52 1031% 483/4 48% 107% *18 »A v Chesapeake Corpt of Virginia .5 Chesapeake '& Ohio Ry comm'on—25 14 +27% Jan v 8 $4.50 •' 150 107% —15% - 18% 19% t 133A 1 13% *25% 26* com—"No par 19 21 Jan 13 27% Mar 30;. .Champion Paper dc Fib 48 *149 52 170 33 10% *149 DAY % *18% No par Jan 35 16% Dec i 7% Co__— 38% Feb 2 x30% May 29 11 Belt 150 103 *18% p__iu_——-5 .1 Copper Corp.*.. __vji \ Checker Cab Jan,, 5 ill Chain 103% 48 y8 - MEMORIAL 46% 45% t - ' ■ 32 y4 53 *41 Sharet *108%" 1083/4 ' 61% 150 108 V* C01 2 32% Dec 37% Dec , Pasco Certain-Teed 3 90% Dec 15'/8Apr De 47% 107 . 108% 16 21% Dec 17 *107% *148 1 32%' 23% • 61% 148 *148 9% 100 preferred 7 / CLOSED 61%. the Week 20% 46% ' 9% STOCK EXCHANGE II ^ 46y4 33% 9 % Jan , 3 7.% Jan. 4 r 63% May 45% 24 * Sales for June 1 $ per share 109 *52 , 4134 103% - 17% .33 % 54 41 44% 9% * common 107% Feb 3 19'A Jan ( 100 % Mar 15 2 32% Oct 9% Jan 3 10% July 12 <11% Jan 13 .< 18 35% Dec 5 4'/« Feb 29 107 1 July 45% Jan Deo Dec 49, 5 8 25 Dec 10% Jun 3 Jan 6% Dec t . Cerro 28 36 Light 32'A 10% *102% - *108'/2 23% 6iy2 148 i • $ per share 32% 10% 60% 20% 8% Central RR Co of N J class A——50 Class B a— 501 46% May 17 , - •- *20%' Central & South West Corp com—5' Central Violeta Sugar Co— 9.50 Century Ribbon Mills ..—'—No par > May 11 11% Jan 18 2 25 - Friday May 81 ' $ per share 41% 10% " - 17%-- *17 % < 27 25% July 12 , 4%7c 2 27 27' ' July 60% * . 1 108% *52'% 22% *40 ~ »'l6% Aguirre Sugar; Co——5 Foundry, Co—— 1 Thursday • May 30 - 32 y4 53 22 y8 •- 41% 10% 60% 20 Central Illinois 15 9% Jun preferred Central 6 8Ve July IT 12 10% Central of: Ga Ry Co vtc—L_No par 5% preferred series B vtc 100 Central Hudson G & E: Corp..No par Mar 26 112% Feb 5% Central 23 3 . *40- V 1 .25 PRICES Wednesday 108% - 32 »A 52% 22% — A 23 57% Feb 3 32% Jan 2 Feb 5 20% May 22 10% May 1 2 • 39% Jan 10% Mar 29 30 July 13 110% Feb 9 2 8% Jan 16Jan, 25 series—50 Corp—: common—_— SALE $ per share 109% 32 52 22% - *108% • - 32 %-• *51 • HIGH Tuesday May 29 ' S per share 108% 32 % 5 AND « v 108% Light——No par Monday May 28 , t per share common*——J—__IQ Co . • ' 13% Pat preferred. 4% (J I) 26* May 7% preferred 100 » <'148 150 Caterpillar Tractor common 10/.' 44% 44% -l Preferred'4.20% ~1—i—JL„1001 >102% 103% CelaneSe Corp of Amer com—No par ,» 48% 48% -1 Wo 2nd'v preferred———AIQO <■148 150 >4%$ cumulative pfd conv—_100 1 107/ 107 Celotex Corp common—.—No par: 1 *15% 16% » 3 Feb 56% Feb 10 Saturday; _. , Co—— . 32% Jan LOW * ... . i Power May 17 "Jan 35 « STOCK EXCHANGE ... ? 9% Jan 15 156 / ... Carolina Clinch & Ohio Ry__—100 110% Mar 12 " 16 56% Nov 3 18% Jan. 21% May 20 39 % May 18 35% July 13 140 Jan 3 Jan 46 NEW YORK . . $ per share 30% Jan • 28 . Highest $ per share 107 34% Mar 16 3 ,15% July 13; 33% Dec 19 - Lowest $ per share 11- 30% Jan Range Since Jan. 1 Highest ' 24 300 16 The Commercial and Financial Chronicle (2300) . . Monday, June 4, 1951 . NEW YORK STOCK RECORD t per share S per share 54% Jan 55% Mar 13 Dec 26 53% July 25 6 2 25% Feb 17 Mar 17 50% Feb 20 17% Feb 3 72% Jan 2 14 % Jun 27 22% Dec 28 46% July 14 51% Oct 24 49 17% Apr 22 13% May 24 Oct 17 61 May 17 13 45% Nov 27 38 Jan 18 102 % Aug 17 94 May 29 95 May 25 8 104% Mar Nov 30 104% Feb 10% Jan 3 76 July 17 287/e Jan 100 Apr 105 100% July 11 20% Apr 2 ' Cum pfd 3%% 2 5% Jan 26 Coty 2% Jan 12 2 35% Apr 14 Apr 25 103% Feb 20 27% Jan 96 Crane Co 3%% — 1— 97 Va 300 12% 12% 125a 1,000 26% 25% 26 261% 26% 26% 26% 26'A 26% 600 17% 2,100 7 Cream of Wheat Corp 4 Crown Cork 28 48% Jan 2 56 5 100 % Apr 19 106 Jan 31 Jan 2 44% Jan 29 95 Jan 30 32 Mar 20 27% Jan 13 49% Dec 102% Jan 11 105% May 16% Jan 3 17% Jun 15 81% Jan 2 6 24% Jan 2 22% Dec 28 Nov 20 25 26 115 % Jun 27 Feb 14 175 34 Jan 82% Nov Mar 31 54 29 34% Dec 180 8% Apr 3 10% Oct 5 64% July 13 9% July 17 77% Oct 31 13% Jan 19 10 20 26% Nov 22 x25 10% Oct 25 July 13 July 13 5 70 II Jan Mat 13% Feb % May 22 Jan 28 3 102 May 24 28 51 May 24 57 18 10 May 24 24 Mar 13 8 24% Aug 21 22% Feb 17 32% Dec 29 13% Jan 13 26% Dec 30 99% Dec 2 Jan 96 12 49% 50% 50% 50% *101% 101% 102% 102'/a 102% 240 37'A 37% 38 Va 38 38% 37% 38% 38% 38% 3,200 86% 86% 86% 86 86 86% 86% *86 86% 100 27% 27% 27% 27% 27% 27% 28 *271/4 28 22% 23- 23 23% 23 23'A 25% Jan 16% Jan 17 39 3 20 % Apr 33% May 102% Mar 21 92* Apr 3 99 Jan 7 5-V 100 5 92 May 18 100% Feb July 24 11% Jan 6% Jun 27 22 Jan 38% Jan Jan 5 30% 200 8% 9,900 102% 2.50 *15% 15% 20 *15% 16 convertible preferred.. Chemical Corp (The) 17% *93% 7 Preferred 3.75% series B—_100 '93 93 Preferred 3.90% series C *97 Feb 24 Dayton 10% Apr 60 % Apr 10 Decca 28 Deep Rock Oil Corp Feb 27 Deere 20 57 Jan 68 Rubber Co Records & Co —100 50c Inc *95 96 16 *15% 16 15% *15% 16 *15% 16 16 *15% 16 39 37% 38 •V 32% 7; 93% 93'/2 93% 93% ; 20 Y : *92 93 *92 93 *97 98% *97 98% 43% May 24 53 % Feb 9 Delaware & Hudson 100 7% Jun 2 Delaware Lack .50 7% 27 14'/a Dec 20 11% May 24 17% Feb Dec 20 23% Jun 21 20% Jan 23% Mar 27 24 % Jun 29 58 Dec 28 52 % May 42 % Jun 27 72% Dec 29 62 12 20 2 24 65% Feb May 24 15% Mar 29 79 % Feb 21% Apr 10 60 % May 23 52 % 68 8 May 16 21 % Mar 13 32% Nov 64 Mar 8 Western 34% Dec 17 62 63 33 33 *33% 45% 46 451/4 46 I 22 16% Jan 16% Dec 29 23% Jan 2 12% 13 12% 7 45% Jan 19 Dec 21 34% Apr 2 17 4 36% Feb 20 19% Feb 8 8% Jan 2 11% Feb 24 24% Apr 4 31 Lowest S per Sper share 20 22 22 Edison Stove ' 6% *31% *17% ; 18 2 Co . 62% *60% 1 1 5 Feb Steel Vilbiss & $1.50 Diana Co Match cum Diamond 3 T *24% 6%.~ Y ' 9 14 18 44% Jan 15 57 13 Jan Jan 51 May 24 9 54% Jan Jan 26 107 : Sep 119% Jan 4 6 14% Jan 28 2 14% Jan ,77-/4 Jan 81 27, 111% Jun 15 13 181 rDec 19 19 Mar 18 7 11% Mar 27 87 88% Dec 8 Jun 14 14% Dec 18 x22 22 62% *62 6% 9 Doehler-Jarvis Dome May 211 13 85% Jun 12 122 % Jan 9 127% Apr 22 101% Jan 31 Jun 1 60% Jan 51% Dec j 9% Dec t 12 11 106 52% Nov 11% Jan 83 Jan 118 : Dunhill 17 Feb 30 (Apr 50 10 20% Dec 19 13 Jun 27 ,10 Jan 13 171 Dec 6 29 Jan 13 , 14% July 12 27 -21% Nov 25 18 Vs Apr 14 190 Apr 10 39% Oct 25 May 24 24% Jan 2 Eagle-Picher 24% May 4 4 30 45 Mar 27 11 9 1% Jan 3 18 19 44% Oct 26 15 2 75 48 Aug 25 21% Aug 3 2 2 15 5 10% Jan 13 27 68 Dec 9 66 May 25 Jan 4 % July 13 7 8% Feb 14 8% July 13 • . 33 Jun 2% Nov 6 44 4 Vi Jan 10 r For footnotes see page 24. 26 4%% Ekco 118% 99% 99% * 51 " 20% "7 *7 *50% , 4y2% 10 ' " *20% 1 . 211/* 10% 21% *20-7 16% 61 > 35 15% 15% 214 2,000 35 ; 2,700 15%. 6,000 48%. 49% 92% 93%, 2,700 8,500 15% — > ; 100 .. 100 *102%' 104% 104 % *208% 100 520 11% 34% / ••Y 48%,, 49% 92% 93% Steel Co Corp.. 13% Mar 29 54% May Elastic Electric Electric 41% Jan 26 2% Mar 46 Feb ; 2 Elec 23 21% *20% 210 210 V 4; ; 94% *50% 51 90 94% l ; 13 118% 99% ; 10% 10% 7j 21 51 ■f 94% 99% 51 20% 20% 21% 21% 21% 7 22 % 20% 20% 20% 7; 16% 43% 166 V 16% 16% ; 43 V* 437/a ; 21% 22 20% 20% 21% 20% 700 10% 21%" 20% : & Amer 18% May 33% Feb . 6 El 21 ' 3% Feb 7 ; '43 168% 166 5 103% Jan 22% Feb 2 *97 *97 101 >/2 16% 16 Va 90 90 90 16% 16% 16% 16% 16% 101% *98 101% 11% 11% 11% 12% 11% 49% 49% 49% 49% 49% 50 19 Vb 19 V* 19 % 19 y8 19% *19% 19% 36% *35V* 37V2 *35% 37% *35% *43 2 . 2 . 43% 2 2 Vs 43 44% Jan 10 4% Feb 26 Paso 25 Electric Mfg 12% 12% 900 25% 24% 7 24% 2,200 68 68 *65JA 49% 26% *49% 49% 26% 26% 7,900 25V4 *65'A 68V2 49% 65% 65% *49 *49% 49'% *49% 3 Co 26Vz 26'% 26Vz 26% 26% 26% 26% 17% 13y2 17% 14'A 17% 17% *17% 4 5 - .10 Erie 5% Erie RR Office Eureka 8.50 Eversharp Ino Ex-Cell-O Corp Exchange Buffet '5 7. 7_ : 7 - ^ —1 — 3 Corp_7__—2.5« , *57 50 Corp *6% 19% 67% . J -.. 15% 13% 39% *T%. 4 ; 20 Va 67 *60 *6% 6%--- T3 Vz 39 ' - - " 62; *14 Vz - 19% *66 6 - - 13% 39'% *38%' *3¥* - 4 2,200 13% 13% 6,700 *17% 18% 400 28 Vz *28% 28% ,99% 99% 99% 120 203/a 20 V* 20% 2,400 , 6 6% 19% 6 19% 20% 2,800 20 15.300 66 66 *66 66 5 a *60 , 700 62 *60 62 . .:3oo - 15 15 13% 66 ' *6% 6% 15 20% 66 62 18 13% 18% 6 20 62 18 200 20 V* 6 *60 68% - 99% 20% 6 700 ( 28% 100 20% 20% 6 5,500 ; 18% 13% *18 28% *99% 100 17% 13% 18% 28% 29Va 20% 6 20% 19% *66 100 Pittsburgh RR Co Evans Products Co v No par 100 100 6 1 285/s 29Vz *20Vs Bldg 13% *18 18'/a "18% ' _____100 common— Williams 14% *28% *99% preferred series A & 18 13% 18%, 18% - 100 13 '^24% " 1,500 37% 24% : 65 V2 ' 1 2,900 *35 13 13% 49% " 2,060 19% 44 *49% 247/a 12% 49 5s 44 *65V* 24% , 49% 19% > , 44 50 . 101%; 2 24% 10 1,400 2 .50 preferred Gas.i__; Natural Equitable 8% May 3 18 y2 Apr 13 6 5%% convertible 5% preference 30 ; 16% 43% 43 n 13 600 90 , 2 2 2% 43 43 13%*—"Xl3 , *13% 15 - 1,300 ttVa 11% 37% 12 100 39 % . *98 ^ 12 % 49% ;; . 700 3,000 19,500 165 39 16% *90 '11,800 43% *162 ; 39% 16% 19 Vs 2 No par common—; preferred Equitable Gas Co Mar 26 Apr Co 4% 7% Feb 23 16 92 16% 1L5 39% 36'% Endicott Johnson Corp common..25 12 66 16V4 *90 16% 165 92 xl5% ;f *16, 1,200 I": i6%: 16 X42% 39% 39'A 39Va < 20% 49'% V .... Radio & Phonograph Empire District Electric Co— 9 6 May 31 43% \ 38% ., 101'% *11% » No par Storage Battery 16% *97 2 shares 92 *16% 1 ; preferred Mus Ind *16V4; xl6 * 16% ' 43 *165 ~ 38% 7 16% *90 * l 5 (The)— common 168% 38%, 100 Elgin National Watch Co Elliott 13 38 ' - 1,000 * 400 , ; 20%" 10% 13,000 118%; % 200 ,3,000 .95%; . 99% 10% 10% • - 13%: ; *50% , : 5,400 ; -29% 118% 99 % *50%. ; 118 V. f ;88 29% 13 - 95% - ;.r 7 - *86 r 29% , 13 7; V 118% 99% 16'/a'" 43 *165 7 2 / 200 v 21% 21% 21% V -21% *28 ' 71% Feb 14y2 May 24 12% Jan 33 7. 16% " 42% common..___2.50 Auto-Lite Boat Electric 12 24% Feb 6y8 Mar 13 7 100 Co Convertible 5 2 May 17 > 100 common Stop Nut Co.— 2 18 Emerson Jan 5 common—10 Emerson 2 ; 300 , 59 • 11% . __. : *59 Y 11% *86 99% \ 10% 20% 20% - 10 preferred— 23% Jan 64 y2 Mar 30 ' ' preferred Products 3 Jan 19% Jan 1 Mar 21 Feb 18% Apr 27 101% Mar 22 16 y8 Mar 16 60 6% May 5 15% Dec 28 27 95 22% Jan 2 5% May 24 28 14% Dec 93%" *118 118':; 10% Manufacturing Co.— 2 20 7% May 15 19% Dec 28 60 *10% 94%' 93% Y 51 preferred. 28 »/< Mar 13 5 51 % Jun .V,* 118% , 400 61 ;.. I; * *118 - , Edison Bros Stores Inc 23% Jan 16% Apr 20 28% Apr 4 99% May 15 July 12 6% Eaton 3 16y4 May 24 24j/4 Jun 11 May 52'/2Mar 20% Mar 17 8 Jan 43% May • 3 19% Feb 8 73 22% Aug 29 20'/4 Jun 1 6 *59 *102% 12% *13 13% ; ' 182 65% May 29 49 ¥2 Jan 2 13 20 61 11% : Shares share 15% ' 29% ■ 94 93%, :5 « per 62 *59 :• 90 ■") *28 13 V; 13 >50% ; Kodak 3 15 18% Dec Stainless 16% Jan 15 33% Jan V *85 29 Y 99% Corp 27% May 13% Feb Dec Eastern 1 15% Dec 100 30 3 Apr 12 Vi Dec 104 y» NOV 13 90 29 . 5 Co.— ,23y2Apr 12% Jun 23 28% Nov 29 Y 104% X21% " 21% *21% 21% * 29% par v *87 90 *28 jf. Sales for the Week „ " *98; Cigar Corp 23 52% Apr 26 28% Jan 6 Feb 2 40% Jan 28% Feb 23 52% July 17 25 Jan 1% Jan Dec 28 19% July 13 Jan , 18% May 23 35% May-' 2 4 3% Apr 4 19 19 Oct 21% 21% *87%; .1 1,000 Friday June 1 share ver 35 J 209 7 *206 1,600 300 *15% MEMORIAL 15% ■ 104% 204% 204% 4,700 *60 CLOSED DAY ,; *102%. 106 * ' pfd—50 Eastern Airlines Inc 10 Apr 101 21% July 26 10% Jun DWG 15 Vb Jan 2 41 ; 214 ; . 1.No par Duquesne Light Co 3.75% 6 Apr 90 49% Oct 35"% Apr 54% Feb .v7 112% Feb xl5% May 28 Mar 10 30 105 *210 100 ———_ 2 36% Jan 7 32% Jun 92 series Eastman 13 Jan 90% $3.50 Eastern 13% Dec Jun 91% series.."..No"par 9 5 8 16 89% $4.50 3 May 89% Preferred 20% Feb 102 89% *102% 26% 26 16 48% Preferred • 48% Jan 38% July 26 • ; 19 15% Dec 26 Sep 23 42% May 24 162% Apr 17 98 47% —__;._No Common *3 ,15% Mar 28 88 % Aug 25 95 9 Jan 106% Feb 19 19 y# Jan 47% * 1,900 26% 61 34% 47% convertible preferred International 52% NOV 27 12 y4 July 12 x 125 34% ? 15% 47 Du Pont de Nem (E I) & Co— „ 102% May 34% 15% No par common.....50c Jan 20 30 July 17 9 34% \ 94% No par 9% * 24% Dec 18 13% Jun 40 6 Mar 30 10% Jan 15% Mar 30 / nt/ , 50 11%' 94% 15 15 % 9% *59 STOCK EXCHANGE 59 .**■ 15% common..- 35% 15% 9% 600 ••'•.'Y 16 ! 46% Duplan Corp y 60 % 94 • 35 15% $ I per share 11% . 35 Thursday May 31 , 15% 16.- 48% 49 61 16 60 34%' 24% 487/a PRICES 61 11% * 18% 24% 26% May ttO *11% 60 100 *17% 9% Wednesday *59 600 » 15% May 29 61" / ■ 25 *17% W *92% preferred—— " 98 34% 5 ; 18 % 1,100 6% 31% . _ SALE HIGH *15% 10 6% *30% 48% ) 26 ..No par Industries 3%% 60 11% •' 4,900 62 6% 31% 9% ...No par issued" 2nd 29 % Jun 10 May 24 $3.25 . *58% * • • 1,900 3,600 •,*, i t per share 60 *11% Corp.. Ltd Aircraft. Dresser 60 No pax $4 preferred series A— May 24% May 93% Feb 60% "• Tuesday 15% 61 ; ' . 800 4,400 18% 62 64 8,200 22% T;. 31% / 25 15% •t. share ■■■. 35 15% 61 *59% July 9 1951 Dow Chemical Co - ! Mines "When 2 95% May 111% Feb called A Douglas par •/".•,* 2,900 •YY 35 48% May.28? 15% :\: ' 35 AND 22 6% 1 ;»i ■ xl8% 18% 22 4,500 1,100 65 % 65 66% 18% \ Monday 61 *65 ■'" 25 48% . 25% $ per ■ 18% 25 26% 16 • *62 31 *17% : ' 6% 31 V'/ . 21% 64 6% - 31% 25% / 55% 21% •-•■ • . 2,600 12) a 22% 22 25% S per share* »>•' 12% ! *9% *15% 12% i 9% *59 12% 18% - ' 46% - 66 X9% No par Pepper Co..J. 13 2 12% May 24 Class Dr. 1 A 16 Mar 22 19%. Jan V Par ' Y'Y.;/ 46 18 10 Saturday 46% 65 ... ?} May 26. r 46 55 25% STOCK 32% ' / 55% LOW Corp Feb 53 % 102 May 17 180% Jan- '3 21% Oct July 12/ 118 . 16 32% i 623« 33'A - 54% , ]>':■ 2,900 54% 62 33 ■ 2,600 9 53% 63% ! *.*18 Y 25 .48% 49 -4 35% 35% *15% 15% .25 8% 9 54% 33% 10 2 Cup common———No Class 19 35 % Mar 10 20% Jan Dixie 4 109% Feb j Mar 15 19 .16% July 17 , 40 19 »'a 62% 55% ) 18 , 49% 35 *15% .50c YY.'^YY Divco 13 May 10 x69% May 10 Dec 93 YORK EXCHANGE x70 83% Dec 13 49% 2 Stores NEW 16% Apr 46% May 26 i ; •; 54 18 6% <1/ 9 19% r 65 31'/« $<.' \>i 35 25 Co Corp Distill Corp-Seagrams Ltd 13 70 % May 17% Jan 97 Car 'j;' I ■ 1 11% Apr 12 30 % Jan 2 36% Jan 13 preferred 31% 19% 19% ; 54% *60% 25 No par common Motor $ per share share 11 47% Oct 69% Jan Corp Raynolds class A Diamond Highest 15% Jan 25 % July 12 11% July 25 90 98% 223/8 STOCKS 58% May 25 s *97 22% 21% 18,: Range Since Jan. 1 4 July I7i 98% 22% 17% 64 18 Devoe 16 July 26 110 *97 22% 64% 64 8 De 1 Feb 5 Highest 48% Jun 29 94 | • Y 55% _100 Detroit-Michigan 9 29% Mar 54 29% Nov f per share *92 1 54 preferred Detroit May 24 15 Year 1950 35 94 12% •T 22% ctfs Range for Previous 112 % Jan 800 *92 22 Va 22J/a 54 * 8% 22 lA *22 Detroit Hillsdale & S W RR Co—100 20 19% Mar 9 Dec Lowest 1,600 32% 94)4 Y i 12% 12%. 60 53% Detroit Jan 9% Jan July 13 3»100 1734 32% *93 54% .100 for ,Y. \ 54 common.. (The) 9 53% 61 Escrow 38% Feb 5 49 16% Dec 27 6% July 13 • Apr 37 18 11 % Mar 31 39 17% •' - ~ ■ 30 17 27% Nov 38% 17% 32% 94% '' ■ 19 J 18% 8% ctfs for Derby Oil Co 19 18% ■ 53% Escrow .. 9 19% May 23% Feb 26 6% May 22 & 45 Power & Light Co...13.50 Denver & Rio Grande West RR 17 May 19 Feb 2 preferred- Delaware 17 17% May 26 '* 38% Y,.' ' i . V' 33 *32% 19 Y 400 , ' *93 60% 60% 45% Dec 8 10 .... 32% 37% 18 32 v 3,800 96 *95 *17% 17% 45 No par 3 29 32% yy -1 ) 8% *53 29% Jan 12 % Jun 800 16 53% *8% 1 19 35 % Mar 32% 32% Y' 95 32 18% 18% —50c ... common..., Jan .'18% July 13 32% _ , 31 16 18 Y 1,700 ' 30% 327/8 17,400 25 133 *128 31% 95 32% 98% 100 /-'Y-VYYY x24% >: 133 31% 31% 17% 94% series A 7.7, 25% 25% *128 31% 400 10% 16 38 " 17% 32% Preferred 3.75% 25% 10 51%' xlO 10% 500 104 51% 52 10% 133 *102% 95 *15% *31% , 251/4 X31% 8 102%;. *51% 10% ♦128 31 % 16 38'A 38% 1 „10 — 25'A 321/4 102% 52 10% 133 *93% • 102% *102% *51 30% 95, 37 July 12 5% July 12 27% 32% 30% 32% Jun ' 10% *26% 8'/a *128 , *93 Vz 21 41 % Jan 24 133 32% 18 21% July 13 10% 27% 25% 25% 25% *31% Oct . 10% 7% 1 37 Apr 10% 10% *128 200 *26% 51 No par 4,000 7% lO'/a Inc.— _ 8% 72 72 10% 51 100 < 8% Y 73 27% 10'/a pfd 8% 8% *72 7% 51 1 7% 8% 74 80 200 *175 200 9,600 10% 10 34% July 13 19 *175 400 23% 27% *101 102% 8% 8 51 common Sons Inc 26 59% Dec 4 23 23% 27% *26% 7% *101 A Feb 8% Jan 30 10 . VY No par Dayton Power & Light common...? Y 22% 200 *72 —No par preferred 104 8 17 % Jan 41% Dec 3 preferred..— Daystrom Inc 14 *27 2.400 ' 97% May 29 18% Dec 3 May 28 51 *102 lO'A ,10'A 7; Davega Stores Corp common 4 102% Aug 21 102% Sep 1 July 26 >96% May 24 16 102% *175 73 73 8% 5% Y. 8% 8% I • Corp common —1 3%% preferred series A .100 3 31% Jan 30 29 34% Mar 17 74 *72 100 10 '/a Davison 2 2 Dec 16% Dec 8% 8% common.___10 27% 28 Jan 31 10% July 13 Co Dana 3 v 50% 51 50% 1021/4 . ' Cutler-Hammer 9 200 *175 , 10'/a Class 17% Feb 200 *175 . ,8% Cushman's 29% Jan 18% July 13 100 Inc Press Curtiss-Wright 37% Mar pfd non-cum preferred Prior 17% Feb 3 11 6% *26% 100% Mar 16 Apr 24 17% Feb 3 July 3 93 RR *86 5 Jan 35% Feb 25 14% Jan 28 96 Jan 30 19% May 10 13% July 10 *15% Jan 20 Jan 138 300 49% $7 132% Jan 12% Dec 3 3 Feb 37 102 Vz 27% Feb 128% May 23 7% Jan 20% Jan *36% 37'/a ; Curtis 12% Jan 125 171/a 17% 37 *49% 15 25 17% *36% *101% Cuneo 106% Feb 55% Jan 17% 35% Cunningham Drug Stores Inc___2.50 Publishing common.._No par 3 3 148% Nov 17V4 35% 5 4 % % May 18 27 17% 35% 25 100 preferred preferred Cudahy Packing 10% Feb *44% July 13 102% Dec 17'/a 35% No par 8 7% May 23 17. 35% *95 Cuban-American Sugar common__10 5 77 17 No par 7% 8 *95 35% 2.50 common 98 *95 Cuba 10 27 Jan Seal *26 2 Zellerbach Corp common $4.20 13 Apr & (The) preferred Crown ' ' 7% July 185 Mar 27 180 of Crucible Steel of Amer com 5% convertible preferred May 10 24% Feb 19% Mar 29 4,100 97 121/4 29% Mar $2 32 96% 12% 25% May 24 14 31% 32% 98 12% 4 19% May 500 300 12% 30% Mar 39% Feb x31% 32% 4% 2% 121/4 30 2 32 '/a 20 4% 2'/a 4% 2% 2% 2% 171 171 12% 14 Jan 32% 4% 4% *2% 171 200 32>/a Dec 15 3,000 96', 26% Jun 35% May 22 75 *169'% 170% 4% 2% 32 Va 20 74% 75% 74 2,800 63% 12% Creameries 3 . 4% *2% " • 96 32 5 19 *4% 7/7 96 *94'/2 96 12% May 41% Oct L 2% *94% 96 1 2 17% Jan 4% *2'/a 62% 96 25 10% Jan 27 *4% *169 860 —„100 5 12% July 13 1701/2 *169 169 *167 " 62 74% ' .' 59% DAY 95 Vz r 70 61 % *94% MEMORIAL 94% 73 61% 62 100 14% *94% 59% v '/a *14 — ll# Jan 32% Jun 73% 2,100 50 % *50 > America. Jan 14 10 73% 74 i 61% 59 95% 14% — 3,800 2178 21% 50% 62 94 95 *94'A 7*94% 95 *50 700 ' 25 25 *14% *94 59% 58% . 95% 74 •') 1 common preferred 105 Sep *61% 59; 95 100 1 27 101 61% 59 *94 Refining common_25 > 61% 61% preferred— Inc CLOSED 61% Coty International Corp 186 166% May 17 Products EXCHANGE 14% * Shares 28 56 21% STOCK 50% 14% 20 series of 1947.100 2 3 4% Jan 2% Jan 30% Jan 2 21% x50% *49% 14% 27% 26 21% X21% 21% 50% *14 Vs Corning Glass Works common 5 3%% preferred —.100 3 19 25% 14% 21% *49% the Week share *54% 56 25% 50% *21% $ per 27% *54% 14 Va 5 Bank & Tr Co 7% 6 25 31 22% July 13 Corn Exchange 23 '.' '6% Mar 2% Feb • 22 21 Vz Sales for Friday June 1 May 31 t per share 56 25 25 series—,..50 Corp 1 common 5% 10 3 13 3 pref Jan 72% Jan 187% Apr 1% July 13 Convertible Cornell Dubilier Electric 25 Thursday May 30 fper share 27% *54% 56 *54% 25 25 No par 78% Apr Jan x66 July 13 3% Aug Co Copperweld Steel Co - 64%. May —No par 56 27 % 27% 27 Va 27% *54% Corn 176 % July 13 62 Copper Range 42% Jan 41 *27% PRICES Wednesday Sper share $ per share common.„5 Corp $3 prior preferred.—; 55% May 24 10 17 57 Coooer-Bessemer 24% May 16 Jun 12 .' $ per share SALE HIGH Tuesday May >9 May 28 May 26 Par 18 AND Monday Saturday STOCK share Apr 31 12 26% Jan 27% Nov 24 I per share YORK EXCHANGE Highest Lowest Highest $ per July 17 20 NEW Range Since Jan. 1 Year 1950 Lowest LOW .STOCKS Range for Previous , ; . 7 * * *6%' *14% 15% ? 14% 13% *13% 13% ^38% 38% 4 : • ; •6% 15 -* 13% 38% *3% 6% ' , 38; *3% ' - -33A ) ? - 7 : . 100 • 143^ 600 13% 3,100 38% 13% 38% *2% - 1,200 3% Volume 173 Number 5017 . . The Commercial and Financial Chronicle . 17 (2301) NEW YORK STOCK RECORD Range for Previous Lowest $ per Range Since Jan. 1 Lowest Highest share STOCKS ) * 1 LOW " Year 11)50 $ per share NEW Highest f per share YORK STOCK Saturday EXCHANGE f per share Par AND Monday May ;t(i I per share HIGH Tuesday May 28 ' $ per share SALE PRICES Wednesday May 30 May 29 I per share Thursday Sales for Friday May 81 $ per share June 1 S per share S per the Week Shares share F 37'A Mar 10 48% Oct 18 46% Jan 2 54% May Fairbanks Morse & Co 4 22% July 3 2 5 22% Jan 7 22% May 29 13% Apr 27 26% Feb 12% Dec 17% Feb 19 July 26 17% Jun 2 13% Jan 15% Mar 13 15% Jan 26 3 Apr 8 9 26% Dec 28 35% Mar 11 53 25 22% May 11 50% Jan 2 16% July 3 25% Oct 23 23% Jan 14 8% Dec 28 49 % Dec 28 4% Feb 33% July 17 103 Jan 10 3 Nov 6 47% Jan 106% May 25 13% Jan 12 July 24 16% July 13 23% Oct 52 83% Feb \52%Jan 105 Feb 13 15 108 July 17 65 89 10% July 13 14% Jan 22% July 26 103 Oct 13 19 Jan 6 78 - 1 25 100 84 2 17 24 Mar 17 Jan 12 25% Feb 13 Follansbee 22 19% Mar 30 94 24% Mar 30 37 84% July 17 Nov 101 33 % Apr 7 Dec 8 9 23 % Jan 100 2 94 18 98% Dec July 21 Mar 22 Apr 93% Apr 6 27% July 12 9% Jan 3 46% Dec 27 18 19% Apr 8% July 12 12% Oct 5 Nov 25 102 July 14 81 4 19% Feb 32 % Nov 78 Feb Feb 85 9 95 3 Feb 4% 10% Oct 25 10% Mar 21 Gabriel 13 Dec 30 11% Mar 29 143/4 May Gair Co 30 19 Dec 29 19 20 Va Jan 6 % Apr 6 9% Nov 2 July 25 16% July 24 >17% July 12 15% Jan 3 40% Nov 10 20 % Apr 25 32 « 23% Dec 7 July 13 17% Jun 29 <■* July 25% Dec 3 55% Dec 12 July 13 Feb < 166 24% Nov 22 10% Dec 21 63% Mar 31 >25 Jun 14 75 8% May 8 10 39% May 9 9 21 11 28% May 25 15% Jan 2 Dec 15 138 % Jan 9 13 50% Jun 12 111 Aug 3 51% Apr 6 99 % Apr 6 103% Dec 29 8% July 12 7 13% Apr 21 61% Dec 29 : 51% Apr 124 % Jun 20 13 129% Mar 105% July 28 119% Sep 30 ":;4%% 55% Mar 15 Apr May 6 4 80 Mar $8 7 125 Amer Apr 5 General, 48% Jan 18 Jan 65% Jan Feb 13 • ' 5% $ per share 5 7 July 26 38 2% Sep .. 119% Sep 6 Jan 101 Jan 20 19 Dec 16% Jan 22 122 23 68 Oct 8% Jan 25 24% Dec - 16 10 2 4 4 Feb 19 % Mar 273/4 Jan 130 28 28% *100 101% 25% 26 26% Preierred Gen General 10 Gen 9 18% 18% 18% 13% 18% 183/a 22% 22% 22% 22% 22% 223/4 15% 15% 15% 15% 15% 15% 21% 21% 21% 21% 21% 213/8 20% 21% 21% 21% 21% 21% 20% " *96% 96% *96% *37% 37% 37% *95 96 96 V2 373/4 98 99 *98% 99 96% 96% 96% 97% *97 97% 200 40% 41% 41% 41% 41%' 40 3A 40 3/4 1,300 22% 22% 22% 22% 22 22% 4,400 10% 10% *10% 22% 10% 81 81% 40% 22% 22% 22% 26% 10% 81% 14% 26% 14% 26% 27% 26% 26 3/4 2,500 87 85 85% 200 12% 13 19% 8% 8% 7% .' 8 36 2 17 29 Jan 34 % May 24 101 % Apr 34 Jan 2 24 2 119 Jan 29% May Gen 13 105 Jan 18 51% May 4%% Apr 19 96% Jan 16 92 Jan 16 17% Jan 10 26 Apr 14 30 % Feb 13 8 24 % Jan Jun 7 94% Jan 11 22 18 % Apr 11 89 % Apr 2 100 *18 Va 18% 18% 18% 18 3A 300 *21 21% 21'/a 21'/a 21 21 200 Xl9% 19% *19% 19% 19% 193/s 700 7% 5,100 * 1 ■ 7 50 71/8 35% 27 * 27 7% 7% 7% 7% 7% 353A *35 Va 35% *35% 35% x27 23% 23% 104% 104'A 5 *51% 5 H3/8 *i58 9 100 53 53% 11 Va 11 Va 11 Va 162 *16% 91/,, 29 16% 120% 76 *75 *29% 297/8 *29 16 V4 *16% 16% 120% *120 *75 29% 120 % 120'A 120'A 120 Va *120 120% 60 53% 53% 54'A 53 53% 15,200 6% 6% 6% BOO 43% 43 Va 9,400 6a/8 6a/8 63/a 6% *6% 6% 431/,, __No par-< 100 44 431/4 43% 43% 43ya *94% 96 *94% 96 96 96 ' 10 9% 10 9% 7,57% 122 1 *112 571/2 122% ' *112 91% Dec 29 94% Jan 18% Jan 4 223/4 Feb 16 3 273/4 Jan 2 38 12 Feb 2 134 Oct 19 21% Dec 30 55 24 99% 99 Va *18% Jan 30 83/8 Apr 23 24 120 9 % Jan 13 66% Dec 30 13 108%'Jun 20 , 243/4 Feb 10 58% May 1013/b Jan July"26 43% Jan 3 3 42% Jan 103% Jan Jan 19% Apr 8 653/4 Jan 2 _ 105% May 14 140 Mar 1033/4 Feb Feb Gold 28 13 May 24 17% Feb Mar 14 50 Feb 3 Oct 30 10 Apr 18 45% 5 *90% 18% 23% 32% 18% 18% 6,100 3Va 3% 3% 6,000 183/a 3,900 18-/8 MEMORIAL 23% DAY 32% *32% 35% *35 36% 115% ♦114 *114 104 114% 28% 28% 28% 28% 34% 34% *34% 34% 34% *102 45% 45 % *85 22 104 *102 104 46 46 % 91% *90% i'OO- > •22% *<27% 28 *94 94% 89% 92 *89 92 xl9% 1.9% 36% x357/8 36 Va *57% 59% *57% 59 *57 59 50 1 8% 100 *124% —10 21% ——No par — 8% 8% *124% 128 21 Va 21% 51% 51% 51% 51% 103% 103% 103% 103% common—No par / 78 78% 78 Inc.——4 *45% _5 3'A 7% 10 35% 8% 8% 128 3 7% Jun 29 Jan 4 37% Feb 3 31 % Sep 2 103% Nov 11% July 13 17 % Feb 29 25% July 100 Mar 2% Jan 6 4% Feb 5 10% Jan 9 28 7% May 22 32 % Apr 4 28 23 May 24 27% Apr 24 27 94 25 1033/4 Feb 28 123/4 May 21 18 % Feb Apr Graham-Paige Motors Granby Consol M S & 43% Mar 17 Grand Union Co 28% Mar 16 Granite 31% Feb Grant 14 preferred 37 Apr 28 32 % May 18 38 12 Jan 3 16 Oct 18 133/8 Jan 15% Jan 33 50% Dec 29 47 May 24 573/4 Feb Gt Northern 7 IB Mar 28 223/8 Jan Great Feb $2.25 conv preferred Gt Jun 29 18% Apr 137% Jan 17 ,22 3 152 Jan 6 78 35% Aug 2 45% Mar 13 4 23% Dec 28 22 Feb 6 293/4 May 9% July 17 11% Jan 11 10% Jan 2 12% Jan 9 Jan 28 97 Jan 9 102% Mar 6 29% Dec 18 .21 May 24 27% Jan 9 Jan Aug 30 5 Dec 7 142% May 25 75 - Mar 28 353/4 May 24 154 Jan 82 Jan Northern 1% Iron Green (H 3% 7% 3% 7% 35 25% 29% 95 Apr Dec 6% Jan 12% Jan 49 Jun 17 1 3 3 30 100 33 1 36% 36% 37 Tap & Die Corp..No par Inc 28 28 11 Va 11 Va 11% 100 Aircraft *98% 1 21% I 13Va 21 % 13Va 21 % Jan 10 28% Feb 13 Gulf Mobile & Ohio RR com.No par 12 62 V4 Mar 28 683/4 Feb 5 18% Jun 30 243/s Jan 13 44 Jun 1 20% Mav 23 923/8 May 44 Jun 17 100% Mar 30 For footn/zces see page 24 104 Feb 14 104 110 Feb 14 May 24 "When 1 23% J$n Sugar Gulf V $4.20 No par 25 issued" States ' Utilities Co com.No par dividend $4.40 dividend 19 preferred preferred .100 100 300 5,900 *89 90% *20 P0% 3,600 „ 20% 800 36 36% 36 36 % 6,300 *57 58% ,.*56% 58% 20 20 8% 97 13% 33 14% 49% 19% 144 76 37% 28 % 8% 8% 87/s V 3,500 9 128 124% 21 % 21% 53% 53% 54% 54 54%, 103Va *103 11% 99% 78% 13% *46 1037/a 79 106 13% 47 103 Va 78% "■106 3 Va 3% 3 Va 7% 77/8 7% 13 400 '/4 400 7,700 7% 1,500 34% 34% 1,100 34% 35 35 25% 25% 25% 25% 25% 25% 4,600 28% yi 29 28 Va 29 X28% 28% 6,000 97% *95 % *95% 13 Va *32% 97 13% 33 *96'A 13'A *32% ' 97 *32'A 33 14% 14'A 2,500 511/2 5(5% 51% 11,200 19 % 19% 19% 14 Va 14% 14% 14'A 48% 50'A 50% 19% 19% 19% ■ ;• 144 *73% *142% 144 76 *73% 76 37% 38 37% 38 38 38% 27% 28 % 28 % 28 28 11% 11% 11% 11% 27% 11 Vb 11% *99 100 1,500 76 144 144 *73 Va 144 2,300 ,13% 13 13% 33 i , 4,200 1,200 33,900 100'/a 20 21% 21% 22% 22 Va 22% 21% 22 % 8,600 13 ■ 13Va 13 Va 13% 13 Va 13'A 13 13% 3,100 257/s. 26% 25% 26 *99 *99 100 25% 257/s 63 64 *63% 87 86% 873/8 43% *43 43% *43% 44 44 20% *43% 20% 43% *20% 21% 203/4 21 Va *101 *104% 104 % 25 20% 20% *101 102% 102% 105 1,100 3% 25% 64'/a 86% 104% ; 1 46'/a 73/4 :> 46 Va 3% 8 34% :;13% . "46% 3'A 25 Va *63 % 85% *101 200 4.100 79 A 107 64 V2 85% 24% *63% 2,200 11,200 103% 78 107 V 13% >13% 46'A ~ 79% 107 Va 85% " 10 124% 22 *42% $5 preferred Gulf Oil Corp 2 28 94% 187/fl 99% 21% 99% Corp.. common 28 11 *73% 27% Dec 81 Va Jan *143 3 preferred Grumman 28 94% 19 (The)— 24 3/8 Dec 27 48%f 19?» 76 Guantanamo Nov 48% 19% 144 133/4 May 10 83 14 % *73% 25 25 14% "142% 10% Jan 59% Jan 13% *32 100 11% July 11 66 14% 48% *95% 13% 100 Common 4%ft 97 *32 33% 24% 29% *19% Co 28 94% 21% 106 46Va pfd—...No par Sugar com—No par L) Greenfield 29% *95% 13% _1 Prop—No par preferred 50 ♦124% *103'/a 78% 46% 3% 7% 35% 25% 29% _5 No par Green Bay & Western RR— 43% Jan 25 Ry 6% Western Greyhound Corp 20 Ore 4,200 91 90 ,22, 53 *106 107% 13% 13% 47 100 (W T) Co common— 3%% 8 65 12.50 Grayson-Robinson Stores com Dec Mar (The). Steel— City 31 2 P -22% *89% 4 21% 128 v 1% Jan *89 .22% 3,900 21% *124 % 21% 51% 53 *103% 104 *106 107% *13% 13% 1 Batteries 800 % ' No par Hosiery 2,300 34% 46 *85 90 18% *89 170 104 46 <' 90'/a , *94'A 19'A 13% 19% ?<>% Gould-National 700 800 - * 28% 34% *102 47'A 27% 27% 35% No par 22 94% 19% 35% 115 28% - 34% *85 ■ 27 19% 28% 90 90 " *94 27 94% 35 % 104 46% 91% *85 90 22%;/: 20,/-> preferred 2,300 32% .32% .*114 115 *102 46% 35% (B F) 8% ' 20% Inc 8% 800 122 8% 33 347/8 8% 1,700 , 23% 22% *121 122 3 2'A 35 35% Telegraph Co 18'A 18% 23% *120 8% 20% preferred 18 Va 23'A 122 28'A *90% *89 S,' 35% 19 Va 3Va * 113% 34'% 90 19% 357/8 18% : ' 91% 26% 3o% 8% 32% *34 Va 22 *94 18% *120 8% 200 36 99% CLOSED 3% *22% « 900 19 :i{ " 36 3 Va 122 8% 22 No par Brewing Co Gotham *22% *120 *80 5 common 18 Va 18% 22% 124 1,000 99% *18% 19 ,< EXCHANGE 19 17% • ' .1 preferred $5 19 *102 3% 60,200 123 STOCK 2.50 & Stock $5 2 45 *34% 100 ——100 Goodyear Tire & Rub com—No par 8 28 20 17% 3% Shares 493A 49 122% 99 *18% the Week $ per share Mi 123% 98% Sales for - 19 35% jU% 17% Friday 49% 49% *122 99 Vb (The) common—No par Goodrich Co 13 Dec pfd—-No par preference—No par Goodall-Sanford 2 15 Razor convertible Goebel 1 45% Dec 1 100 30% ... 3% *8% 8% *32'A 33 *34% 35 114%- 114 % *28% 28% —10c common—— 1 Safety 4%% 19 27 22% *120 No par $4.50 preferred 31 24 *17% .5 preferred— 36% 17% 3%' No par Telephone Corp Glidden Co 82% May 17 109 35% 150 200 June I $ per share 49% 123 *18% 19 123 V4 118% PRICES Sper share 48% 993/8 & Utilities convertible 49' 122% 17% SALE 122-/a 118% ' May 31 123% 10c 118 Thursday 48% No par *113 fper share t per share 18% ♦122 May 30 123% *18% 1,500 Wednesday 48% No par 59% May 2!) ••'48% *99% 3,600 59% 60Va 122% HIGH 200 97/8 Tuesday *123% No par " 96 97/8 122% AND May 28 8 124 ~ 99% *59 700 16% 97/8 118 *113 Monday / S per share Par Gleaner Harvester Corp May 9 61% May 14 Saturday 59 . 400 297/8 *95 96 9% 76 16% 6% 437/8 43% *95 9% 122% 118 —No par Gillette 30 11 V • 9% 58% 122%"'122% - ~ May 26 Co $5 •■':V 57% 57 118 3,400 .. 76 1 » 9% 200 16% 9% 97/8 16% 52% _1 20 16 7/8 *29% 52% No par 11% 800 *75 5i7/8 Corp Castings $6 9% 9% 517/a 100 Gimbel Brothers 9% 10 2,200 159 *156 17 3,400 ' 533/8 11% 11% 160 *16% 600 , 237A 105 53%" 53% *157 17 5i3/8 preferred 3%% preferred Georgia-Pac Plywood / \ 76 29% 163/8 *75 158 *16% g3/4 16% - *120 158 17 27 23% *104 105 52 36% *26% 24 *104 ll3/« *160 17 7%; *35% 26% 23% 105 513/4 29 29 26% 23% 23% *104 51% 11a14 9% *16% 26% 26% 23% 105 *11% 52 *75/',A 76 V ; 50 27 23Va *104 162 *16% No par *18 *35 % 7 *35 com__l 4%% 5 1,200 19Va 1.66% , Mar 20 24% Feb 5,200 18% General Tire & Rubber Co com 30 Jan 100 8 37 21% General Time Corp common—No par 2 89 ,90 Steel 7% 37 37 19% preferred General 5 Feb 8 36% 18% Gen Railway Signal com 29 39 500 7,100 19% *20% Equip Corp: Realty 27 8% 13% 18% Refractories 112% Jan 8 , 19% Portland Cement Co——1 General Shoe 4 .8 19% " 21% /• General May 15 *19% 36 , 8% 12 3/4 *19% 8% 13% 13 19% *18% General Public Utilities Corp. 9 17 8% 13 8 37 *36 8% 8% 12% *19 % *20% Advertising Precision 300 27 87 19% ' 900 1,400 15 27 8% 8 103A 84 87 19% 37 10% *14 3A 15 26% i23/4 8 430 87 12% #36 3,600 84 84 *14% 38 27 *8% ■ 83 15 *14% 37% 87 *85 *19% * .1 *96% 10% *81 87 96% 96% 37% 40% *85 *96'A *96 % 40% 14% 5,000 96% 96% 10% 300 2,300 21% 98 97 81 15% 21% 21% 37% *95% 81 15 Vb 21% . 37% 96% *14 1,600 2,800 *96% 37% *95% *10% 500 18 223/4 22% * *15 % 21% 20% 26 xl8 .. 6,100 101% *253A 183/s 22% 1,500 237/8 *100 26% 18% 20% 13% *18% General Public Service 23 101% 26% 160 300 77 28% 29 *100 105% ! $3.75 series—.. Outdoor 283/8 91% 10 <> — 17 27 Feb 28% 101% 25% 93 22 % *15 5 v 26 106% July 20 13% Mar 24 36 "'A preferred $5 .* 39% Jan Oct ;■ 10% Jun 26 LOW 37% Jan 29 : 28'% *100 101% *25% 5 STOCK YORK 32 Va Mar 15 6 105 13% 100 General Motors Corp common 3 24% Jan 6 *100 IOC* 34 59 kl01% Dec 13% preferred 18 52% Aug 16 7% Jun 13% __No par 28 31% May V 133/a Corp.— General 22% July 12 , Apr 21% Sep July 17 13 % 78 No par 17 90% Sep 100 4 19 13% ___100 9% Jan 26% Dec 7 Jan 13% Apr 80 Jan 90 *76% Co X8% Mar 14 17 3/4 Dec r 76% 4 6% Aug 22 99 7 76% No par 12 May 34% Dec Jan 76% common Jan 30% May 11 41% Nov 24 107 2 22% May 24 20 33% Dec 3 77% Jan 6 May 22 3 Va Jan " ,*19% Jan 21% Feb 18 403/4 Jan 39% Dec 10 10 21 % Jan 128 25 105% Jan i May 17% May 19 8% Dec 24% July 27 76% EXCHANGE ■ -•' 2 54 26 26% Oct 27 126% Jan 21% Dec 18% Feb 30% May 2 101% Jun 30 1 343/4 May 24 127 7 22 11 2 98 V2 Mar 30 15 Jan 3 July 13 22 %Jun 46 122% Jun 4 % Mar 23 ; 14 % July 13 17% July 3 77% 131/4 preferred convertible $ per share Jan 11 ; 105% 77% 105 5/b preferred... ■; 1,700 105% Inc com—No par Finance NEW . Highest 1,600 92 68 3/4 91% *76% 91 1 STOCKS Lowest 69 69 3A 91% 105% preferred Electric 3%% 2,200 105% 2 Instrument Corp General Mills common 8 Feb 20% No par $3.50 preferred.. 3 1,200 x20 % 90% General 8 15% 106% General Foods Corp com 2 69 1043/8 15 89 % preferred 6% Feb 69% 50 Va 400 *103 *105% Corp conv 7% 69% 51% 103% 88% 50 Corp com 2nd 69 51% 103 % 106% common 1st preferred General 11% Mar 67% DAY 88% Transportation Bronze 9 105 68% MEMORIAL *105% 100 General Cigar Co 2v 123 54% Oct 26 *67% 6% 1,300 ..No par Baking Co preferred— 56% Mar 120 127 % Mar 12% July 12 10 10 Investors 4% 8 19 15 23% Apr 20% 21 6 25 Co 4% , 26 17% Jan Mar 13 15 July 13 207A Industries Inc com.. General Apr S per share 15 20% (The) General Cable 26 113 43% Dec ; 20% common General Range Since Jan. 1 106% Nov 21 preferred American General 122 Highest 6 20% $4.50 preferred 26 3 122 % Jun 102% Jan •15 1 General 18 Year 1950 # per share 15 1 convertible Range for Previous Lowest 15% Gaylord Container Corpj 6 '34% Feb : 104% 14% No par (The) 19% Mar 19 43 May 25 95% May 19 8% May 21 Co Corp 11 % Feb 18 *103% 15% . 7 12 4 6% Jan i 44 % Jan 49% Jan 104% 14% Corp convertible " 41 % Jan *103% 15 loo 9 Feb 583/4 Feb 72%Jan 2 Dec , 7,800 51% 104% *20% 10 30^8 May 162 5 50% CLOSED 29% *14% No par 25 107% Mar Jan 34 5% Gar Wood 12 18% Jan 29 July 13 104 9 Garrett Jan 1,200 No par Co Gardner-Denver 16% May 16 8% Apr 2 6% 61 29% ' *103% preferred Gamble-Skogmo Inc 9 Gamewell 149 8 12 6% Mar 29 13% Jan 6% 20 3 2 6% *60 29% 51% V (Robert) 9 25 6% 62 29% 6% (The) Inc 8 Jan 1,100 *61 51% preferred 23% Jan 203/4 Jan 31 Jan Co 233/4 Feb 104 % May 26 50% May 15 10 % Jan 2 26 6% 21% Jan 23% Jan 13 107'/a July 14 Feb 9 13 3 6% Jan 293/4 100 28 Jan 31 24% Nov 22 4 9% July 13 146 29 33% Dec 29 >.(17% July 13 -.45 Dec , 9% Feb 40 Sugar Stores 18% May 23 20 18 4 May 29 18% Feb 21% Nov 22 3% July 13 101% Dec 73/4 Jan 36 3 *29'A 61% 29% 6% preferred 29 2 62 29% Co lo Froedtert Grain & Malting Co Inc.l Fruehauf Trailer Co common 1 7% Jun Jan *61 29% 61 % *29 51% Inc convertible Franklin 2 Jan 22 7/a 7% preferred Foster-Wheeler Corp 14 30% Jan 1 7/8 6% 3%% 2 16 5 8 22 61 227/8 61% pfd ser of '51.-15 Machinery & Chem Corp lo 16% Jun 3 227/8 Freeport Sulphur 88 2 Jan EXCHANGE 51% Corp Francisco 25% Mar 87% Nov 29 7 Mar 13 22% cum 24% May 11 13% Feb 9 4 147/B 22% *6% com Light Co Steel div 3%% 29 14% Jan 20 Food 15 47% Jan 10% May 11 3 16 $4.20 8 Jan 15 23 51% Corp Food Fair Stores 6 27 41% May 3 101% Feb 39 % May 24 21% Dec Feb Power & 2,100 147/a 22% 1 Florsheim Shoe Class A Florida 1,900 15 22% 13% 21% Jan 3,000 14 *22% 28% 28 1,000 23 STOCK 13% 7 51% 14 14% 28% Power 50% *22% 14% 5 Florida 14 5 Co 15% Sep 23 21 Carpet 1 23 14 14% Co 2 20 51% 223/8 14% (The) common__No par $4 preferred No par Florence'Stove Co. No par 28% Mar 21 50% 14% No par 2 106% Feb 22% 100 27 xl8% Mar 50% 22% 5 Rubber Apr 23% Sep 5% Jan (The) Flintkote 50% *14 14% 14% 5 preferred 17% Jan 20 % Oct Mar Firth 22% *14% 2 : First National Stores 16 50% 22% *14 __1 Co 23 % Jan 3 75 & 50% 14% ___100 __ Mfg 2 3 Feb 4 % % 50 22% 1 Fidelity Phoenix Fire Ins N Y Firestone Tire *14 No par Corp. 22% Mar 23 5 13% Dec 4 Tarrant Enamel 20% Mar 17 27% Feb 14% Jan 56 Feb Truck.. preferred & Ferro 14% Apr 13 32% Mar 21 2 11% Jan 20 Felt Apr 18 107% Mar 17 14% May 18 18% Jan 2 94 % 4%% 4 101 12 Jan Jan Motor 22% 1 Federated Dept Stores common 5 Apr 26 23% May 9 May 17 75% Apr 11% Jan Jan Federal 18 21 Aug 10 108 July 17 July 13 17% July 13 Apr 3 81% Jan 20 106 2 105 14 54% Feb Mar 29 65 9 33% May 16 13 May Nov 2 13% Jan 29 July 13 29% Mar 27 6 17% Jan 8 86% Dec 101 19 8 *49% 20 Corp Family Finance Corp Fedders-Quigan Corp... Federal Mining & Smelting Co Federal-Mogul Corp 62% May 9 30% May 12 8% Feb 2 May 24 No par Fajardo Sugar Co__ Falstaff Brewing ' , 105 105 86'A 207/« *101 104% 43% 21 Va 64%. 102 »A *101 102%. 104 Va *104% 104% 6,600 *63% r ' ' 64% 200 86% / 87% 10,200 100 6,300 102 % 180 18 (2302) The Commercial and Financial Chronicle . . . Monday, June 4, 1951 NEW YORK STOCK RECORD STOCKS Range for Previous Year 1950 Lowest 30% Dec Range Since Jan. 1 Lowest Highest • per share NEW Highest t per share $ per share 14 30 Yn Feb 28 33 24 30% Jan 19 Sep 29 15% Apr 4 36% May 18 18% May 1 11% Jun 14% Dec 29 13% Apr 10 73 % Jan 11 105% Jan 22 15 66 % July 13 104 Apr Nov 80% Feb 8 108% Oct 19 11 20 Jan 3 31% Dec 30 141 Jun 30 149% Dec 6 22% Nov 28 i * 3 5 81% Nov 8% July 13 7% Feb Jan 5 Mar 5 8 . 82 Industries Mfg 27% Jan 12 22% Jun 3 98% Apr 5 8 41 9 . Jan 107 1 Oct 90 - 26 99 May 24 Mar Mar 36% Apr 27 8 8 18% Jan 69% Dec 1 64% Mar 15 127% Mar 13 79 15 Hercules Feb 12l Apr 25 127% Mar 15 1 39 Jun 1 44% Mar 12 Feb 8 51% May 28 54 15% July 14 10% Jun 27 22% Feb 18 20 % Jan 3 27% May 19% Dec 26 18% Jan 4 25% May 15 80 78- 10% Apr 16% Apr 25% Jun . t 31 5 12 Dec 27 > 38% Jan : 28 3 12 22 3 257/s Mar 18% Apr • - 53 9 34 Jan 10 38% Feb 10 100% Dec 30 % Jan 18 62% 22 Nov 53% Dec '• 18% Dec 20 3 4% Apr Jan 29 17 Feb 25% Apr J- 4 Oct Dec 3 21% Jan 9 Jan Jun Dec ,' Houston * : Dec Jan ,185 28% Feb 3 4% Jan 4 5 ; 25% Jun 20 22 Apr Hunt 19 .-•'Hupp T. 52% Dec 18 18 Jan Dec 76 11 17 Oct 9 Dec 104 5 14 Jan 25 Feb 11% 33% : 1 July 12 '• 49% Jan 52 3 July 25 « 38% July 18 t 42 % July 3 32% Aug 30 9% Jan 17 1 20% Jan 28 i 3 July 17 1 4 July 12 23% Dec 8 17% July 26 27 ■%' Jan < 135 1 t 5 July 11 4% Dec 29 21 240 20% A>' 35%; " > " 3 200 32Vs Oct 23 Jan 181 25% Jan Sep 1 70 12 Jan 5Vs Jan 3 : 20% Feb) 37% Feb 14 Int'l 179. Jan 31 6 19 4 43 May May 23 44% Feb Jan 73 l 22 Jan 3 35% Jan 18% Mar '*7'A 59% 26% May 3 Rubber 28% Jan 10 35 % Jan 31% Jan 24 25 May24 37% May 28 27% Jan 24 21 Mar 24 32 Jun 34'A 34% *47% 51 Va v;\- 7% 5% July 18 14% Jan *91 Oct 7% Jan 11 5 18% Sep 25 6 96% May 15 70 % Mar 3 " 170 *11% 54% July 19 26% 99 99 v 32 ' *90 3!A 17 ' y ' ' Jun 103 26 107% Mar 69 Feb .7 99 Va 1 Apr May 28 106% Jan 11 59% Apr 78% Jan 21 4 36% July 26 51 % May 18 47 Jan 48 75 Dec 64 Mar 27 Jan 3 30 ' ! 81% Jan 13 23% July 17 98 % 23% May 24 Apr 11 99 30% Apr Dfec~27 34% Mar 25 34% May 92 6 3 31% Jan 29 Jan Sales for - June 1 the Week Shares 15% 16 32 34% 32% 93 *90 32% 32% 131% 130% 33% 131 \ 13'A 13'A 49 V2 49% 50%: 102% 102'A ,*7% "7% »!02'A 104 •' *102'A 40'A 40'A ' 40'/2 63 V2 63 ' *34'A Creek Coal preferted *34% - 37 *34% par 15% 15% 24% 24% __No par - #3i ;; .*26% 1 — 21% *32% 33 *132% " 31i/2 ■ 24% - Y; 26% 26% «•'.• •' 21% 134 1 36% 37% Y37%v 21% 32% 21% ' 99 3% - 33 *132% 134 2,300 30 99 2,700 4,200 204 V8 1,100 33% 11,500 33 /' 162% 16% 35% * *90 3% 203% 33% 1 164 163 16 ' 550 16 Vs 5,300 343/8 .'.35'A 93 26,200 *;■ 93 *91 / X. % : 33'8' 3% 400 34% 347/a 34,600 132 % 3% ' *33/8 ' 343/8 34% Y1' 132 132 »/8 220 133/4 133/4 13 Vs 13% 2,600 503/a 50% 50% 51 *102% 1033/4 'v Y y^'VyYy'y. '' 132 102% 13,800 200 102% ' Y- 73/4 ' *7% * 56 • 1 42'A 55% 43% '■ 40% 40% 63% 64% " " ; *34% " 'Y'V-K ■;■"Y.-A-Y,;?■ 56 37 153/a *41% + : 40% 64 " Y: 300 43% 40% 1.100 " " • 64 *34 1,200 37 * 153/4 J. 15% 24% 25 ii-" ,Y 31 31% *30% '37 37% 26 26% 213/4 21% 32% 32% 132% 15% *24% • 1,230 • *41% *24% <24%' »31 • ' 3iy2- 200 *7% '■Y-73/4 • 57 Y Y' 26,500 900 • 24% : 31 400 ' x37% ! 37% ' '26%''26%^ 21 Va ' 32% 32% 'Y^1 133% - Y 16% •16 3A 3% 34% 21% ! *98 . 203% 133% 1 ' ' 6,000 11% 26% ' 17% " 32% , 58>/2 6,200 22% 26% 3% 16% 203% fY». -"-v "7% 57 -15% «3iy4 ^. 26% 10 15% 7% 42% *24 - *37.;; 37% 32 50c common —: *98 Y. 49 *11% ' 16 15% 63 5 Corp Stores Dept 25 40% 26% '■ 22% * 100 165 48% ■ Y '36% '15% " 63 11% 163% 63'A *40 - 25 *11% -'-YYYY y-.i. 40 V2 63% —No par x22% ''■■■:■ 104.)%-' 43 common *163 49% A 23 Y «' 50'% 43 Shoe 165 131% 1 43 *42- 200 2,900 13%--13%. -50% • 59% No par new 73A 33'A 131% , 13% 49% *7% 59% 1 . *93 " ' 3% 33 1,100 81% 35V* ' 3% *13%; , 35 1,000 59 16% *90 83A 31% *80 73/4 '' Y 93 380 '85/g *31% - 59% 163'A 16 :' 3V2 'Yt'3V2 53 '5,400 80 ^yY^yyYY;.^//, 32% 163 - 48% 80 * 204%: 16 ... 100 34% *51% 83/4 13,400 53%, 34% 313/4 ' . .y: *47% 2G% / I • 3>A 32% 1,600 60 103 59 * 99' 204203 32i/2 343/4 . *56% 53 '' Y v 17'A 163'A *130% ' . Y 36% "363/4 26 26 21% — • 2.900 ' • 900 213A 2,100 32%' 2,400 - - 32 132% ; *132% 5% ■ t " 134 20 J (P L) CO 1 Jaegefr Machine Co —NoparJersey Cent Pwr & Lt 4% ,pfd—100 *5% 5% 5% *20% 21'% *88% . Jewel Tea Co Inq common___Nopar 1 3%% preferred a. 100 Johns Mcnville .Johnson Tories 5% & Corp__ 91 * *66% 67% Y ; *100v __No par 53 12% *20%' " -' ' "*88%" & I,aughliti Steel copi preferred series A—1 10 100 *66% 100% *68 Johnson Joy Manufacturing Co 9 2,400 *98 34% "• 49% 17 58 Jacobs 3 2,900 58 3A ;Y ; 57 '' *7% 11% 5% 5% !21 5% '*20% Y 53 69 ~ 99V2 —-53 •>68% " 91'A v *203A 53A 53A 1,400 21 21 91 91 90% Y. 90% 280 67% 67% 67%..' 67% 300 '[ *99 V2 IOO1/2 T 53% 54% 693A 693/4 21 - 100 ;- " ' '67% " *66% 100 ■*99V2 100V2 53% ' 70 54 68% ■ 67% •■ u70% 54 % l24V8 24% 24% 24% *94% 94% 94%' 94% x93% 31% 31% 32% 31% ,30% ' ' Y ' 32'A 30Va ' 93'A ' 31% , il 53/4 '-i '' 21' ''91 91 ' 5 1,500 3% 21% 34% 603A 8 3/4 26% Y,X-i 31/4 34% 31% - ' Y ' -l'-*; ' 23'A :' 26V4 7% Island 64 -22 3% *20% *163 59% Iowa Power & Light Co— ' '•: 48% 48% *7% r < 6,300 t per share *51% - 59% <t • 700 2,500 15% Friday *473/4 165 *98 317/8 3% ' - 17% 163 V* 32 V2 100 : 10 14% 52 15% . X 103 34 Y " DAY 60'A *11% „ 3% - 204 317/a *3% ; 22% 163 *15% 5 Co.'_No par 18 Y 51% . I per share 57 CLOSED MEMORIAL > 48'A 26% 31% :.l 7 Mar 16 1,400 22 b 51 »/a 22% 11% " 22%, Y 80 *163 .49'Ar '. 163 100 5 8% Jan 1,200 6'/2 14% y Thursday May SI 7% 59% *78% ; 22V4 11% 99 7% ' 60' 48% v " 51 Va 8% 26% *98 25 : Feb 95 i 20 56% 6% 22 -• EXCHANGE 48% * 31 % 26'A 100 Corp. Feb 22% Feb 1 STOCK 34% Y, 8% 79 *166 49 »A 203% 39 May 11 3,000 56% 21% 58% 31% 7% 59% *202% No par 139 5% May 22 18% Jan 4 40 64% -.66 15% *98% 87/a *78'A 2 V* 1 86 180 3,900 'v' PRICES 8 per share 31% 7% 60 i67/8 Corp-t.------^-~No par Iowa-Illinoik Gas «fe Elec - 1,400 173A *18% 15%; 52% 34 5% preferred International Salt $6 300 35% -93 ' Wednesday May 550 57 341/4 7 x24 24% ' +. " *99% 4,800 -53% '70 24% -32% 20 100 % 52% *69% ; 24 933/4 933A ' ; 94 32% > 24 - , 31% 1 30% i 30 • 24% 94 •1,100 18,300 280 f 31% 1,800 K 29% May 24 1 9 22 Mar 24 Dec 5 983A Jan 25 103% July 43 July 13 , , 3 57% July 13 , 14 3 18% Jan 23% Mar 30 25% Jan 16 Sep 15 103% Apr 10 109 '/a May 13 66 3/4 Dec Apr 95 Apr 16 97% Apr 23 19 603/8 May 24 70% Nov 18 66 19 16 10 %. Jun 14 % Nov 20'A Jan 13 16% Jan 30 For Kaiser 9 25 % 143A July 26 30 33•% May 14 16% Dec 29 Mar 28% Dec 30 page 8 70% Feb 17% Mar 6 Jan 5 24% Jan 24. 2 24 323A Apr 20 30% Feb 24 Chem Corp City Pr & Lt Co com_No ,3.80% ; 1 15% Feb T see 75% Feb 12 28 25% Oct 23 footnotes 5 & Kalamazoo 8tove & Furnace Kansas 1 Jan Apr. 20 133/s May 24 6 27 Apr 103% Feb 108 Alum preferred - 4% cum preferred Kansas City Southern - il *13% - 100 100 com__No par 4% non-cum preferred— Kansas Power & Light Co- *30% 10 par 100 243/4 *97 . ; I , *101 30% ' " 30 30% 293/4 30% 14 -"14 14 25% x25 25 25 25% .* 98% *97 98% *97 98% *97 98% i 102 *101 61- 61 x61 *65% 67 *65% > 102 61% - *13% *101% 102 .61% 1 V *101% 62,'. 62 102 *65% "• 66% 66% 66% *16% 16% 16% 16% 16% I6V2 16% 3 13% 13% 133/4 X13V2 13% 133A- 14 303A *30% B : ^ _1 *30'/a 30% 30 % 27% 27'A *277A 68 28 27% ; 31- 27% . *30% 27'A . ' . 25'A 98% : "98 % *101% 102 2,400 5,200 80 > 61%. 2.100 200 66% 1 66'A 165A \ 3,700 14 25% 61% 16% 13% % 14 62% a 8.75 Class r. 14 25 Kayser (Julius) Sc Co .5 Kelsey Hayes Wheel conv class A—1 : ; 14 243/4 14% Y * 101% . 3% 58'% *47% } • SALE > 17% ' 20 ' *100% "56% 6% ' 1,300 35% 35% 93 .. 22 103 *55 ' 51 Va 8% 31 3i/a i 57 *50% 87/a i63/4 ilntertype 19 ... 500 ' • 13% *35 1 51% '35 "98 48% 170 22'/a No par common preferred Mining *56 ' 31 No par preferred Interstate 31 20 5,700 1,300 >• 103 13% 17%'Y'Yi 65% Y ♦14% - : Tuesday," ' May 29 58 V " - 48% —No par 132% May 31 23% Jan 57 102 »liv$, 100 Machines International Utilities 1 *101% 101 100 50 13% 94: Y 1,000 • 49%. 35% » , ■' 103 63% ♦18% Y Y , ■ 100 20% 28 x35% t 35 3% 54% 543A 50% Y;^/Vxv ; HIGH 34% " 58% *98V2 79% 49'A 1 7% preferred i International Telep & Teleg__No 7 8 r *8% .5 & International Silver 30 2 31" 20 Inc— common Iron International 4 35% 54 'A . 17% Y -'•/ 20% *27% v 15% 3% Int'l Rys of Cent Amer com__No par 28 13 Va Jan 28 Dec Apr 23 May ;-2o% Jan 35% Dec 30 141 2 *50% Int'l Nickel of Canada com__No par Preferred 100 -1 May 23 40 22 Ctfs .International 16 53 27% Sep - ■' International Packers Limited___15 ^International Paper common—7.So » $4 preferred —No par Feb 28 56% ;4", t per share 36 58 Zv ,34% *166 Copper.. Cons , *34 *47% 100 i 34 t *56 —-__No par 35% 35 *78 17 ll% Jan • May 28 t per share 58 1 22 73% Jan AND 11 *100 ^ *19%Vl97/8 Monday ' - 300 4,500 11 '35% 22 3%: - LOW . . 103 No par 30 7 14 58 —15 14% Jan 109 35 50 — 56% Jan l -v* *98 _50 Y 133% Jan Mar 30 21% 3% 19V2 ' 1000 2 61% Oct Apr A__, preferred Harvester 4% 14%.; 21% 500 11% T20% 35% :-x ■ 15% 3% 19% 13% *34% - , 52 20% ~T 2,400 19% -t -13% 25% 6% 15% • 81 13% 25% 13% vv,; 51*" Y 5,400 *12% ♦101% 6% 15V414% 19'A ;Y common—No par YInt'l Hydro-Electric Sys class A Int Minerals & Chemical com 16% Apr 13 36 % May 29 39 22 20 A—100 ser May 24 7% May 21 ' series Co Business 7% 56%- 16 May 26 Rayon Interlake ,lnt'l '• ' - 50% 3% I per share Par ' „ 20 ' 6% *79 800 Y ■ , 12% 93% 15% Saturday « y /, ? 1 15 ': 50'A . 19% » ; .^V preferred—. Intercontinental 2 55% Jun ,< 3% *19V4 1 1 Corp preferred 4'/2% 10 14 1 No par '* conv pfd ctfs Power cum 3 , stock cum 220% Feb 36% May 45 20% xlnterchemical 23 28 Dec *20'A Insuranshares 9 101% Feb 46% Jan 30 15 15% '. ^ 1 ,99% 55% 6%" 100 223/4 25% 20% 94'' *19 55% *6% 49% Inc———^—6.66% 20 55% - 20% 54 17% 17%63:"''63■■ : t 25 I Inspiration , 6 40% Jan .101% 18 16 Apr 21 22% Jun 19 23 3 47 19 Dec 14% 15% Inland Steel Co 31 12% Jan' 22 Oct 25% Feb *19 49% Ingersoll-Rand common 6% preferred 2 5% Jan Feb 17% " 13% 2,100 52% 25 22 :. 81 35%- 1 - 393/4 *52 22% 5,500 123 39 24% *27% ■' 13'A 93% 62% 100 non-cum Industrial 16 96% Jan 129 17% 61% par Illinois Terminal RR Co 1 31% May 24 7 9% Dec 72 10 17% 61% Indianapolis Power & Light__No par Industria Electrica De Mex, S A 4 87% May 16 3% Apr'27 14% Aug 7 59% Sep 18 110 2 Jan 29% May 2 15 10% Jan , 17 137% Jun Mar 28 Jan 31% May 25 161% May 18 16 13% Apr 6 27% Dec 30 20 17% *122 39% 53 50% 99% 61% ; : , Vv1 34% .--V 3'5'A 35Vs 93% 100 123 *11 "v"'Y/vY:-. 35% •: Y:Y't'Y;'-&yr," 34% par —.,—12:50 STOCKS 35 67% 12% 51 s 67% 1,200 25 35% 13'A 1,900 68 *20 ' •••54% *101 Vz 103 120 19% *79 ' 20% 51 i 24% 38% 19% 24% . * ; 27% 54 * 24% 22% , 11% 35% "w -35'/a 54 " 98% 500 38% 39% • r 20% 300 35% 24% 37% : 20% 13% 27% - ' 51 53% *99 6% 4.26 % 13 16 32% May 8% Mar • . ' * * *10%' 11% 98%; *52 25 Va *93'A 56'A 4.08% i i 24% 35'/$ y, 21 ^ RR 34% 93% 100 6% NEW YORK STOCK Illinois 168% May 18 62% Feb 5 2 16% Apr Mar 29 - • ' ' 28V* 35 *55% Corp J Refrigerator Co 6% 8 53% Feb Mar 28 94% Apr • 34% * 92 % *98% 1 20% 13 • '93% *34 Va *97% - 67% '-TyY:-: 13 *90% r 2,300 3,000 22% 34 /; *33% 93% 35 V2 1,500 7 22% : 19% 81 20% 10% 7 34 22% • 10% 23 ♦122 20%"* *102 X103^ ' 13 "A 13 »A 35 *19 Idaho Power Co- 5 71% Feb 24 *34% ./Illinois Central RR Co common_100 2 v.Jan 11% Jan 23 % Jan 23 r Feb 36% Feb 84 19% Jan 25 y$ Mar 31 . 71 52 . Mar 13 155% Jan 9% May o 36% Dec 18 9 8 May 24 ; 48 % May 29 95% Nov 129% Dec 2 x58 22 27 ' Aug 18 8 3% Dec "xV. 5 '; ' 6 6 6 Va Jan 29 81 < ' - 13 Manhattan common__100 Foods 74% 35 24% 22% *79 25 Sm Ltd—No *73% , 7% *90% v - 52% 13% *50 103 13 il 'f. 10% 14 20% V 1 39% x24% Y,'- *27%r '23'< 35% *102 100 1 (Del) EXCHANGE ■:1 9 2 28 % Feb Apr 10 100 * : 39% Jan 8% May 23 ; 19 18% Dec 'n 35% -100 74% *33% ■ 123 13% *10% * 28 V* V *73% i- .. 67% 14 25 20% *27% 12.50 Hussman 10 75% Feb 32% Mar 15 , 22 20% 30 • Hudson Bay Min & Motor Car 14 107% Mar 2 48 % Apr 25 51 Vs May 29 t' Dec Jan 54% Jan 9 25% Oct 27 7% July 12 t. Dec 11% Dec 20 171% July 13 - 11%' _10 -■ Hudson $ per share 56% Dec 30 , *10% 5%; nori-cum preferred- ' , Highest 20 % Nov 13 July 17 __5 50 " 20% *12% 25 "A Howard Stores Corp—- •. Range Since Jan. 1 96 68% Dec 30 1% Jan 25 12% , 25 Vs : 33% May 15 55 % May 24 8 83 14. __5 No par 3 400 37% *20Va 13V4 common 1,200 6 3A 23% 3.9% 81 13% ' 20% ' Texas of bMbi 20 Dec 175 9% Aug 8 16% Jan 16 92 20% *12% ; Howe Sound CO- 19 Lowest Dec 9 Jan 26 38 12% Mar 30 *80 13% 10 Light & Power new-No Houston vOil 26 $ per share 33% Mar 27 15 31 13% - preferred preferred : Hudson & 19% Mar 3% Apr. ■<.$ per share 10% Dec 29. 155 *80 -.1 preferred conv 3 20% Feb 41% Mar 23 42% Mar 28 :*■ 63 22% Paper Co.» 10 24% *6% *97% *51% 1 25% 22% preferred 2 58% Jan 52% Jun V5% July 14 25% 22% Oil Corp— .-No par>53j1■' Electrochemical Co com—5 *50 - 60 l4y 51% 25% 100 146% 24% 24% *122 39% 51% 22% .——5 *146% 37% <• 123 39% 52% 25% (A) & Sons • 62 7% July 13 25% July 12 . *122 40V4 5 3%% 10 61% May May 24 ! 99 27 ' 68 common__l Corp conv 4% 20% Apr 24 68% Apr 30 18% May 15 . -40% Mar 15 30% Nov 29 • 67% 123 39% Household Finance common.._No par , 1 54% Apr 17% Jan Highest 25 Inc Dauch & i'»$2.25 18 14% May 10 13 Jan 68 preferred series A_i $4.25 Mar 15 15 Year 1950 34 67% Chemichl J' ; 93'% 19% 400 . 98% *19% Houdaille-Hershey 13 48 % May 24 ' 22 July 17 32% July 25 *19% 51 1 34% Jan 25 '62% Jun 29 18% 53% 99% Mar 50% Mar 15 7 1 18% 100 29% : 24 36% 130 107 *?9 149 *37 24 36% Hooker Range for Previous > *97% 23% 37 Honolulu 107% Jan 6% May 10 30 17% Oct Lowest 98?a 24 *36% Co 5% 4 19% Apr , 24 9 July 13 t *97% *23% ' 19 36 20 92% May 24 Dec"u> 11% July 21 t per share 98% 10 78 *106% 6% 36% *90% 400 *76 : 600 24% , 337/a *35% 19 36 May 7 17 % May 31 29 1% Jan 33% 93% Sugar Corp common preferred Homestake Mining i 15% Feb 99 11% Mar 13 12 33% 36% 25 Holly • 1 58 % Dec 16 8 23 105 20 30% Jan . ; 107% Dec 22 July 25 8% Jan 22% Feb •* 33% *90% *35% preferred- Hollander 9 34 93% 14% *14 .. 29% 22% *97% 100 DAY • 23 common... (Charles E) Holland Furnace Co ! 22% ' 19 13 Hinde 23% 42% Feb 2 May Feb 53% May 127/« May 25 ' 7 36 35% 2,900 3,900 / 24% 6% 10% 7 22% 66% Jan 2 11 74% *10% 23% *52 Hires 9 28% Jan May 25 100 May 24 14 ♦ 25 42% Jan Jan : 24 26 % Apr 34% Jan . 'Y * 47% Nov 24 Jan Jan 10% May 24 11 35 % Mar ' *90% 25 : 33 V *33% 100 Hilton Hotels COrp 29 24% Oct 1 23% *122 3%% 21 Mar 22 7% Aug 5 preferredl— Heyden ' 8 W) 'Hewitt-Robins 13 15 15 ,-r 17% Feb 21% Feb 14 Jun 13% May 24 3 Jun *73% 10% 7% 17% 7% 74% 7 14% 303/4 35 17 107 *146 6% % 7 15 100 31 18% Mar 29 107 July 86% Jan 12 % Jan 8 94 5% 2 13 5 10% July 13 I 29 % July 27 29% July 13 103 Jan 9 47% Jan _ 101 14% Sep 19% Sep 17% Sep 6 20% Aug 18 29% Mar 7 18 13 6 31 15 July 25 32 % Jan t 7 30% * 10% 24% 6% 10% 10% 23% 6% *73% 74% io% '• Hershey Chocolate common__No par 4%% preferred series Aj, 50 ; Mar 29 167/e May July 12 20% Dec Jan MEMORIAL Shares 34% • , 76% *106% 29% 149 23% 6% Motors—;—*_No par Powder cotnmon___No par Hercules Jun 12 Co preferred non-cum 24 56 ' *146 30% 76% CLOSED the Week t per share 35% 17% *14% EXCHANGE -• 29% *29 149 STOCK 14% 23% 6% __2 Co common..^ J) (G 7% 23% Feb 2 48 4 29 *146 24 *6% *73% 1 .» preferred 3.65% 1 July 25 6 28% 14% . . 17% 77 107 149 *23% I 100 Inc common (H Helme 5 68% July 24 v 3%% ! 3 Co Heinz 31 Feb 40% Feb . 6 62% Aug 23 14% Jan 75% *106% 28% *146 10 Corp Hazel-Atlas Gla6s Hecht 26 106% Jan 23% May 24 Mar 10 20% Mar 2 37 37% Jan 2 337/e Mar 16 July 2.7 14% 77% 106% 30% 35 . , June 1 $ per share * • 97 8 May 11 34 % Jan 44 29 *14 Va "75 106% 107 28% ' 20 11% Mar Marx preferred 4%% Hayes Hayes 31 % Jan Mar 20 14% 77% *75 of America common—1 11 31% Dec *■ Hart Schaffner A Hat Corp 12 63% Feb i 17% 100 a 12 23 34 35 17.' Sales for Friday May SI share per 30% 35 17% com__No par preferred 8% Jan 28 122% Aug 30 6% Apr 11% Jan 33% Oct 49 30% 35Va 17 14% 6% Mar 13 25% Dec Jun 30% 34% 17 *106% 10% Mar 28 20 y8 July 18 25 July 17 14 30% 34% 16% No par Refrac $ 34% (M A) Harbison-Walk 17 1 74% May 23 1 9 July 14 30% *30% Thursday May 30 8 per share 5 preferred j. 100 Co $4.25 pfd__No par conv Hanna S per share Wednesday-, 5 ' 7 Dec Jan 2 8% Jan 25 4% ' PRICES May 29 t per share 25 Well Cementing Printing Co_i <W F) Hamilton Watch Co com 16 154 23% May 24 11% Oct 39 32% Jan . 1 -6% Jan 10 3 103 1 7 1 May Water Halliburton Oil Hall 15% Mar 1.4 107% May 28% May 24 146% Jun . 27% Jan 12 5y2 Jan July Hackensack 23 SALE Tuesday May 28 • 64% Jan 5 Jan 81 Monday May 26 Par 46% Feb HIGH AND Saturday f per share 35 18 LOW STOCK EXCHANGE 22 y8 Apr 20 13% July 25 8 YORK *13% 30% A 30% 27% 27 ' 163A •14 1 2,100 2,100 30%. .'27% 600 1 800 Volume 173 Number 5017 . . . The Commercial and Financial Chronicle - r 1' (2303) NEW YORK STOCK RECORD Range for Previous STOCKS Year 1950 Lowest 49Apr Range Since Jan. 1 Highest $ per S per share Lowest share ( per share 75% Dec 45 Vb Mar 3 11 15% Jan 3 27% May 24 47% Nov 27 24 Jan 28 63 V2 Oct 13 NEW Highest $ per share 70 Va Mar 15 79% Jan 57 17 2 50 20 Ncv 14 17% Mar 20 67 >/8 24 72 Jan. 60 37 24 36 Jan Dec 1 96 Jun 1 42% Jan 6 36'/4 Jan 5 93 Vi Jan 9* 35% Dec Nov 101 26 50 July 12 34 VA Dec 20' 62 Jan 5 35 % Dec 27 2 10 May Kinney (G R) Co 4 44% Mar 21 103 Feb 5iy8 May 28 39 30 common. (S Kroger Co 73% X72% 64% 64% 22% 44 V8 44% STOCK 17% 17% 18 18'% EXCHANGE 40% 40% 96% , 40% *96 37% 37% 37% 37% 22% 600 44% 43 Va 43% 4,300 400 9,400 1,100 *18% 18% *79 80 *79 80 MEMORIAL *96 51% 51% 51% 51% 51% 36% 35% 35% 35% 40% 96% 96 96 37% 37% 37% 52 36 DAY * 41% 37% 51% *35%' 40% 96% 37% —No par (The) 22% CLOSED 37% —No par Co 64 23 19 40% *96 74 t *18% 80 40% 96% • 73% 63 % 44 *225/8 44% 18 .40% Share* 741/a 64% 23 22% 44 *79 the Week t per share 735/8 22% 80 Sales tot June 1 ' 64 % 44% *79 Friday May 31 S per share 73% 64 % 80 *96 81 72% 64 Thursday May 80 $ per share $ per share 10 Co H) $ per share PRICES Wednesday i- 22% >/4 *79 common.. SALE May 29 65 *17%" preferred <S S) Kress 7 44 HIGH Tuesday 73 *64% *22% preferred Kresge 9 May 4% • 7 56% May 34% Apr prior Koppers Co Inc 13 39% Mar $5 : 73 AND Monday May 28 May 26 Copper— Kern County Land Co Keystone Steel & Wire Co. Kimberly-Clarke Corp 3 19% Jan 76 % Nov 24 Saturday Kennecott 17 Feb 13% July 20 Aug 11, 24% July 12* LOW STOCK $ per share 68% May 9 25% Jan 29 Jan 22% May 24 42% Mar 15 YORK EXCHANGE ». 1,600 52 51% 51% 36 1,600 35% 36% 2,800 7% 11,200 6% 200 35% 40% 3,400 150 L 6 July 13 7% Nov 24 6% May 24 28 7'/4 Dec 20 19% July 12, :25% Oct 25 6% May 25 22% Jan 2 12% Jun 22 3% jun 10 % Jun 5 42% Dec 15 Jan 94 Jan 24 July 13: 3 l%.Jun "Vl4% t 51 14 ■ 19 30% Dec 3 -Dec 29 29 Dec 23 23 11% Jan „ 45% Nov 44% Nov 71 24 9"' 21% Jan V 3 X4l) 83 % Apr 17% Jan 17 15 74% May 17 1 18% i 1 Tire., *47% ; 5 $3 Coal & Navigation Co Portland : Cement Valley RR Valley Coal 18% *62 12% *47'/a 63 12% 18% 47% 18% 63 *62 22% *22% 23 *22% *95% 97,' : *95 Va 97 *95% 9 8% 24% 9 24% 24% 9 25 10% <1% 1% 1% 1% 1% *15% 15% 15% 15% 15% 5% 5% 5- ' ■ 10% 5 11 10% 5'/a 14% *14% 22 22 % 22% 21% 32% 32% Lion Oil 10 32% 32% 32% 7 8% 8% 8% ;_i. J. i *54 —5 41 ; .r 23% Jan ; * 13 38% Dec ' -t , 4 33% Apr 2 15% May 24 .* ,42% Feb 25 11 ; Aug 7 22% July 13 164 July 28% Aug 17 13% Sep 29 l 28 > Mar 174 7 Jan 22% Mar 24 ; 17 ■ 102% Dec 30% Dec 170 68 167 % • 169 3 Lowest S per share 39 i 41 41% 40% 40% 40% 19% 40% 19% 41% 19% 76 75% 76 *74% ' 15% . ... ■,./, . — ■ 26% V 5 & Lowenstein Feb 19 43% Feb 9 • 4 %•% Nashville.. T preferred series A Lukens Steel Z 54% . 41 17 May 8 42 Dec 26 3 143 Sep 19 18% Dec 19 11% Mar 31 28% July 17 101 ' Nov 4 J NEW Highest 14% Jan 34% May 25 3 ,fi% Dec 105 Jan 14% Apr , 97 18 35% Dec 28 24% Apr 19 10% Jan 51c 3 5au 5 *iuy 7% Jan 4 *v' 23% Oct 17 "6% JCly 13 ' 1 25 Jan 18 y« Apr ,:i23% Jan 100% A 3 19% May 175 r 4 I9 -' 38 Feb 10 97 Dec 21 Vb Dec ; 15% 30 32 ' Je.n r 10 90 ' ' 3 8 29 : -■ • 9 19% July 14 7 52 ; Feb : 39 July 19 J' / 44 July 13 " •7 58 33 % July 13 21% July 13 12% Apr 5 30% Jan 29 Jan - 3 Jan 5 94% Nov 32% Jan 6 Oct '69 9,600 9 5,600 35% ; 309 69% 168 11,800 168 v 60 55% 55 55 41% 41% 41% 3,400 41% 19%. 3,709 41% 41 20 19% 77 *75 ' ;• 1,200 2,000 77 100 27 42 14% 2,500 14% 15 14% 15 32,600 152 32% 24 ' • - 9 91% Jan 31 prior pfd 100 Monday May 23 May 31 2 Mar 29 32% 1,000 52% 52% 51 51% 2,400 30% 99 153 31 *30% 99 *97% 99 39% 40 39% 39% AND HIGH May 28 16% 39% *130 : <•' '• 17 W May 31 *39 16% ;•■ 17% 133 347/» •/: 97 *95 *39 % *130 / 28% 16 9% 23% *9i/e *22 11% - 11% *4 .- 15% 13 *9% *22 11% 800 3,500 *4% 4%. 32% 32% 32% 32% 33 19% 19 19y4 19 *4% ; 12'% 19 94% *48 49 15 V7/. 48 39% • 39% / - 64'% 64% 94% 30 29 »/8 4% 30 6,200 16% 3,600 12% 12% 1,300 32% it.'.V 16% 12% 16 12% •• 99% 16% 32% 32% 32% 2,300 19% 39% 19 19% 169% 64% *4% 4% 6,700 *98% 39% 169% 170 29% 30'% 100'% x38% *166 94% * i 39 170 64 95 *166 ; - 19% 3,500 - 63% 95 350 1,000 39% 170 63% 64% 94% 7 *98% -99% 95 50 2,700 190 ' 95 94% 94% 85% *83 % 85'% 15'/« *83% 15% 30 - 94% 94% . 85% 15 100 10% 121/4 D4 %. 3,600 9% 46% 12% *83% 13 22% 11 12'/4 : 4,900 10 12'/8 63% 9'/8 *22 1,100 15% 46% 16 *94 13 9% 30% 530 11% 15% 94% 13% 23 2,900 10% 100% *93% 15% *500 8 47 15% 38% *29% • 16 3,200 97 10 30% *167V4 30% 34% 7% 3,200 11% 100% 39 34% 530 100 16% *95 7% 3,400 47 15% 38% 16% 16% 34% *500 17% 40% 132% 10'% 3oye *167'/4 170 63% 63% 17 *39% *130 11% *100»/4 ■J 17% 47 15% ; $ per share 97 30% ; DAY 9% 30% 32% 16 V2 "7% 23% 100% *19 the Week 10 4% - Sales tor " 46%. 10'/b 1 <• June 1 . 11'% 46 y2 10 • 1 40% *95 13% *91/8 *21'% *46 MEMORIAL 15% 12 No par — 13% 9% '' Friday • 133 x34»/2 '• 29% 15% 1 — 13% • 530 30% ..No par Co. 15% STOCK 7% *iooy4 i—No par Corp 29 »/s 10% 4% CLOSED *500 24 11% EXCHANGE 97 7% 29 46% 1 35 / *95 7% 530 13% 16% 34% 35 16% *500 13% 16% 97 *7i% / 16% ■ 10 2,000 '1 ■ 40 *130 ' t per share' 17 17 '/■- Thursday * per share ., '' 39% Wednesday May 30 $ per share 133 ■ 2,300 ; 39% SALE PRICES Tuesday May 29 , 50 30% -,*97% - 4,600 xl4'/2 14% 48 :: *47% 95 *94% 95 *83% 85% *83% 85% 14% 14% 14% 14% ->473/4 48% *47% 48% 1,4001 100' 19% 19% 19>/4 19% 2,000 22% 22% 95 ' '• y I.V* , » 49 170 * 27 Feb McCall Corp McCord Corp common f Preferred 3 26 Apr 16 44 Jan 9 19% Apr 27 106% Jan 8 65% Feb 45 McCrory 1 16 19% Jan 3V2% 27J/» Jan Mar 20 McKesson preferred—.100 1 Mead / 4 Corp —10 ' 26 4% 16 Melville 2nd preferred Shoe 17% 18 17% ; *44 17% 200 44% 17% 2,200 *98 99 98 98 *48% 49 Va 48% 49% 49i% 49% 600 *36 36% 36 36 35% 35% 400 54% 55 54% 54% 1,400 44% 44% 44 y2 45 3,200 23 22 y2 22% 55% 55% 44 Va *22% *16 % 24% 91 *89 y2 64 22% 23 44% 49 43% 43 23% *58 ...1 17% *22% *44 36 17 16 y4 17% 22% 44% *44 99 22% *89% 100 (1st series)__50 Corp. * 22% 19% *48 y4 *97y2 55 * 19% x36 35% 23% y4 % preferred (1st series) Jan 26 Vb Jan 99 *22% No par common— 43 - 1 44% 17% .48% *541/2 18 ; 18 35%. 5 Inc. Co.. McQuay Norrls Mfg Co : 48% _No par *22 % 19% 22% *44 .44% *97% Co. 19 y4 23 *22% 17% com Publishing Stores 19% *44 new_50c & Robbins McLellan ' 67 3 Mclntyre Porcupine Mines 26 100 Electric 19%» 50 Corp convertible McGraw 19 •23% May 24 88 Vi May 15 '59% Apr 3 Stores McGraw-Hill 16 Jun 26% Feb No par ——— 51% Apr 17 39% Feb 2 22% May 21 15% Jan 2 May 25 - I per share ' preferred 22% 152% 32% 39'/a *4% : " $3 22% *97% 16% 11% ... 7 22% 8,300 152% 39% 29 10 ' 101% Mar 22 15% 32% 97% 530 *46 1 Dept Stores rommon^-/.. 5 $3.75 preferred No par / $3.75 cum pfd 1947 series No par $3.40 cumulative pfd., No par Maytag Co co/nmon _:_No par 23 "22 % 1 May 101% Feb 21 15% 32% *152 39% 7% *21% . . 2 15% 32% 97Va *9% ?' ; Mathieson Chemical Corp conr— 5 '1% preferred u__i—100 9 Jan 22% 152 *32 Vb 31% 34% 1 1 - 15% 5 43% May - 15% ' 52 13% 6.25 Corp Masonite 19 ''"39.% - ! t— Martin-Parry Corp. Electric 22% 153 51% 16% 29 Martin Master 14% 30% *7% 10,400 II,400 26% 31% 16% *500 5 ; 34% May 11 237/s Feb 16 72% Feb. *95 38% 41% 50% 39% 34% 7 '■ Marshall Field & Co jW>m_^_No par 4 %% preferred 100 (Glenn L) Co :• 1 " 117 16% Feb % jan Corp 38% 27% 50% 133 16% *.No par ' Market St Ry,6% 183 16% 1 1—.,— Midland 38% 43 39 *36% __5C Co.— Shirt • : 3 Jan ;:7 49% Apr 45 11 ' 35% , 27% 99 Va *130 5 Maracaibo Oil Exploration 14% Jan 10 35% May 26 49% Jan 4 27 27% Jan 8% 69% 168 38% ' Marathon 10 98 .9 100 Marine 105'% Feb 27 2 42% Mar 17 ' 64 ; July 19 ' 9 35% 19% 38% '31% I per share common..10 2 17 Jan * 10 26% Jan .9 14% Jan X21 % , Forbes Bros Manhattan ■•-21% Jan ,18 5 -7 3 42% Feb ; Jan I,300 32% 41 % 4 38% Feb "• 5 6 19% May 24 20V2Jan 4 21 181/4 Aug 16 32% Oct 11 82 - 3 "r May" 3 52% Mar 15 40% Nov 22% 32% 41% 32% 50% 39 ,.. 16 13% Jan 105 / 22 33 15% May 36 Mahoning Coal RR Co Mandel Jan . 5, 97 .17 99 v 22% 42% *152 32% 31% *97 Inc.. Manati' Sugar 43 ; . 39% July 27 30% July 17 1,700 27% 14% 1 11% 'Apr' 26 "x83'/2 May 11 18 Mar 28 27% Sep 25 July 13 --1 723% May 11 49 7 Aug I7 July 3 18 14% -4-,: 49% May 10% May 1 Mar Trucks 12 2 • Apr 25 14% May 24 " Feb, 28" 25% Jan 31 5 , 4% Mar 17% Jan 17%' May 11 ■ ' 14% 15% 22% 100 Working Co & 13% May 10 25 Jan 12 313;^ Nov 22 13 14% *74 ' (R H) Co Inc com No par j 4%% preferred series A— 10O Madison Square Garden*. .-No par Magma Copper 10 Magnavox (The)— ^ 1 13 - '/< 3,800 27% 14% 50 Macy 17% Mar 16 185'- Sep .26 / ;;i67%Apr L7 59 '/ Nov 9 % 57 Jan 2 100 Jan 93 Mar 26 12. 100 Jan 30 7 94% May 26 v 22 Jan .- 18% Now' 15: Feb <'3 421/, Jan : Dec 900 71 42 22% 30% 50 1,000 70% 43 Saturday preferred. Mack 2 Jan 573 29% May 24 18 13% May Aug 18 87 ■ Aug;•-7*^:106%-Sep 25 96% Dec '11% 9 6% 2 36 Vi Jan 7% Mar 23 ; MacAndrews 17 103% Jan Apr e 5 37% Jan v 25^- 33% Dec.29 4o%July 13 , % 27 9% Nov ■■ 12% July 13 24% July 27 : 9% Apr 21 % 13 Z 387/2 Dec * : ;S 7/'e -Jan T3: f9%-Juiy 19 31 May .25 10% Mar 15 23 / 9% Oct >e.% July 25 •. 20% Feb i M & M Wood Jan - 2 Vi Feb 26 * Apr 5% 71 28 14% 32%' ;pr 18% Mar 19 42 12% Jan 2 \5L i>/2 May 24 12% Aug 30 9% Dec 27 7% Mar 30 16 5 % : - 26% LOW EXCHANGE 142 ;.7% May21. 1 27% May 24 9 . 2 May 21 15% May 24 ,32 % Jan 2 20 12 Mar 30 5% 16 *40% 19% 38%. 22% YORK tSTOCK $ per share 37% May 17 133 ■ 15 15% *54%- ^ - ' il% Feb 28 15% 2,600 42% 42% 10 ^ Co -15% T52 ./ 153 & Sons Inc com—1 (M) 38% 14% , Louisville - 38 22% 7% preferred L r—_10Q Louisville Gas Si Elec Co (Ky) No par * - 26% 42 Vi t"P) Co common.———10 M 135% Mar 4,300 .,167% 75% *•' 19 *74% ' -15% Lorillard 17 Feb 103 t per share •36% Aug 9,000 1% 68% 1 40% 37% Range Since Jan. 1 Highest $ per share 10% 1% *34% 69%" »167 STOCKS Year 1950 r 25 10% 1% 87/8 x54% 36% Range for Previous I Lowest 24% 10% 4,200 22% 35% 54% 1 3 33 Apr 16 v-59»/2 Feb 13 28% Apr 2 97% May 24 30 Vb Jan 2 . Jan > 28 25% Jan May 5 30% Jan ' 4 49 % Jan 30 ; 9 25 9 35% 69% 54%' J.N0 par Lone ;Star Cement Corp No par Long Bell Lumber (Md) A_,._No par Long Island Lighting Co __No par May 31 rt 4 29 </• May 15 % 38% Sep 21 17% Jun Apr 23 28 152 t 21 97% Feb 87 2 21% May 16 19 50%, Dec Lockheed Aircraft* Corp. Loew Is. Inc. 12%Jan 4 36% May 23 8 '3*/-. 9 May 24 27% Jan 2 f, ./ ' 29 % Dec 34% Jan 13 18% Feb . 21% July 17 v 8% 32% 41% 19 ■ 35% 500 9 ' 18 14% July 12 ?>■ '18% Oct 96% 200 14% < ' 22% *95 63 71 15 8% - 69% 167 54% 40% =_No par 9 70% 35% 69% • *166% :167 100 Liquid Carbonic Corp com_.No par -3%% convertible preferred 10C 13 35% *69 • ^.Nopar ; . *35 5 25 com ; Co__ *22% 97 5% 33 *21% Co preferred 22% 63 15% 22% No par 70 50 63 5% 68% 69 3 00 1,400 1 A. 10% Xl4% 7% 18% 10% 15% 10 5/a 15% Lily Tulip Cup Corp—, Link Belt Co new—— *18% 18% 1% No par 68% 23 48 24% 15%- u *47% 9 25 68% Myers Tobacco 48 22% X Liggett 12% *95% 5 Life Savers Corp *12% 9% 25 900 13 18% 97 8% 10 26 63 23 25 *6% 26 *47% 63 *22% * 7% 6% 26% *12% 18% *62% 7% *6% 26% 12% 47 Va 48 18% 7% 6% 26% *12% 48 7% *6% 26% -No par 1 com 1st preferred non-cum Libby-Qwens-Ford Glass Libby McNeill & Libby Apr 30 Feb 50 Lerner Stores Corp 3 Jan x81 12% 7 6% 26% Lehn & Fink Products 47 % Apr 17 46% Apr 27 21% Feb 5 Mar 28 *12% 7% 6% 26 Lehman Corp (The) 9 Jan 60 40% May 29 27-'U- Aug 184 Jan2 No par 7 6% 25% 50c r.cn-cum 2nd pfd——No par 19 165% Apr 25 3H 18 36% Apr -79 20' . 13 ~'C8% May 29 • 28% July 26%'' 1- / I—if1*!/''"'• 2 22 35% Apr 10% Feb 2 *, t 17 Jan & 7 Vb " 25% (James) & Sons Co common..3 3.85% preferred 100 Lehigh Lehigh. Lehigh Lehigh, 73% May 4 17% May 17 27% Feb 2 33% Jan 15 Jan Rubber ' 7 *6% —No par Lees 19 3 9 8% Jan 89% Jap •3 187' Mar 31 r 14%;July 12 •». 31 % Jnn : 16 18 8% Jan 4 pfd_75 Pesos Mex Lee 23 21% May 23 39% Aug 28 9% Oct 19 38 Oct 28 . 28 Vb Feb ~i 9 ! 6% (The)-. May 11% Jan 2 Co Lane 26% Apr 15% Feb May 24 ConsoJldad Lambert 100% Feb 1% May 12 15% May 15 .,4% May- 24 2 65% Jan 24% Jan wilWlr Jun 29 c " Dec 10 Co.. Bryant common.. *4%% preferred Lane-Wells Co 25% Feb 25 13% Oct ,. 15 95 % Apr La Gas May 67 2 4 8% May 24 24% May 24 28 Mar 21 Jan Laclede 51% Feb 56 ""Dec 23 9 67 . 30 % Aug 25 73 Dec 3 V- , 15 7% Jan 2 21% Jan 29 22% Dec 30. 20 July-17^ July 17 July 13 9 t. i•< 10% Dec , 12 Jun 4y2 Apr 8 27 28% May 14% Feu 2 42% Jam 62% Sep 28 25% May 9 100% Sep 25 3. 4% Jan . 25 7% Feb 18% May 28 ~25 40% Jan 20 7 47% Jan 11% Jan • *59 22% 22 y* 55 55 x43% 43% 22% 22% 23 * 17 • , *22% *96 % 98 16 y4 17 16% 16% 16% 25 25 25 25 25 91 *89% 91 90% 90% *90 91 66 *59 66 *61 900 16% 24% 30 24% 22% 1'. 22% ■ *60 66 22% 22% 22% 22% Xl8% 200 2,700 10 66 22% 7,100 18%. 4,200 ' 10% July 17 42 Jan 14 34 Jan ' 17% Nov 20 ' 13 53 20 16 6% Aug U 39% Jan 13 Nov 19 % Nov 7% Jan ■ " I 66% Dec 16% Jan 2 * 52 i 3 Jan 16 18 27 Jan 2 6% Jan % 60 28 16 21% Feb 64 8 x20% Jan" 101 9 25 1 37'% July 17 101 % Feb 106 Dec 102% July i3 r Jan 38% Feb 15 2 Merch & Min 2 Merck & Co 49% Nov 8% Mar '8% July 7 110 Apr 104% Nov 25 88 10 101 Jan 12 33 Apr 16 28 Jan 5 56 21% May 24 ..-98 12 6 Jan 47% Apr 27 7 Apr xl04% Jun 28 95 Apr 2 3 23 13 3 v 31 July 17 Jan 10 28 30 20% Mar ' 2g ' 99 19 % Dec 57% Dec f 17 ■ 17% Dec 16 42% Dec 113 For footnotes see Dec ■ - page 24. 55 53 % 53% 120 18% 18% *18% 18% 1,500 Co.—.No par *8% 8% *8% *8'/i 8% *8% 8% *8 »/4 8% 80% 81% common 50c Mesta Metropolitan Edison 3.90% ,4.35% 21 104% Feb 21 3.85% 21% Feb 17 64 May 9 Machine Copper Mid-Continent Middle Midland 13% Mar28 ; 8% South Steel Utilities Prod ; No par 5 Minneapolis-Honeywell Regulator— conv - 1.50 pfd series A—___100 8% 79 80 81 96 94% 94% 52% 53 ,*98 *99'% *106 29% 29 79% 79% 97 *94% 98 % 29% 29% *29 V* 30 400 *23 y4 , 23% 23i/4 23% 600 *93 29 22 22% 22% 53% 100 107 2,400 100 99% 99 *106 54 *53% 99% 98 107 *106 *98 99'% *98 99% 99% 18 18 18 18 18% 18% 57 57 56% 57% 57% 18% 18% 18'% 18% 43'% 44 19 '/a 43'% 140% *139 140'% *17 17'% 17 17% 15% : 15% 15% 45% 45% rl2l . 56% *43% . *53 *' ; 321 54 98% 107 53% *95'/2 Xl04% 800 54 50 97 40 104 % ' *139 ^—100 No par 3.20% 52% 56% Minn St P & SS Marie Common 21'% 10 18% Jan Apr 13 23 17% No par 50% Apr 13 *21% 100 Minneap & St Louis Ry 134 *28% 107 21% Feb " 5 16 29 5 Inc *92 28% *99 100 common ... 78% 96 *106 T 1st preferred 78% ; 10O Petroleum .. ' 5 Miami 2 May 21 *92 pfd_100 preferred series.— 5 Mar Co— preferred series 23 20 78'% —LNo par __: 3 48% Feb 41% Jan 55 18% 10 140 */2 Apr 111% Jan 18% 55 18% 24 3 11 18% 55 19 Jan 2 30 18% 53% 18% Lintoype Co___Nopar Merritt-Chapman & Scott No par 2 16 V4 28 18% 53% 104% Jan May 24 Jan 18'% >• 18%. Mergenthaler Jan 131 Inc preferred '. 18 55 *18'/i 107 y4 Jan ' Dec,29 $3.50 4iy4Jan '30 18 ; 18% *52% 1 :53% Mar 15 18 7 54% Nov 139% Nov May Transp 18 50 3% convertible 1st preferred Stores Co Inc 3 ' July 18 10% Jun July" 12 1 I common Mercantile 88% Apr 27 107% Sep 21 July 13 281/4 Jan 125 34% Dec (The) 9 9 28% May 29 9£% Nov Mengel Co Feb 22% Feb 46'/» • rl21»/i 18% 43% *139 19 * 43% 43% 139 140'% Xl6% 157/s 16'/. 46% 46 46% 123 — — *97 , 98% 10 19»/e 18% 18% 5,800 58 57% 58 4,600 191/B 6,900 19% 43% 139 19 43% *139 16% 17'/» 16 99% 16% *16% 15% 16% 46% 46% 43% 140 %. 600 20 17 2,600 15% 15% 4,300 46% 47 y8 10,500 250 ; (2304) 20 The Commercial and Financial Chronidle'V..-Moftday, June 4, 1951 NEW YORK STOCK RECORD l»nte (orfrevloui" ;I«*r 1950 Lowest stocks Range Sine* Jab. 1 Highest + $ per share Lowest t per share new york - 11 if best -J per share t 8 per share /' «>.. 1 37% Feb 104 108 % Jan Sep 26 ,.»■% July 12 ,67 July 19 21 , •Jun Dec ,84 103 27 20 -54 May 4 1 107 Mar 7 May 18% Jan 2 27 Nov 10 83% Jan 2 25 % Jan 3 32 27y4 July 26 34% Mar 20 29% Jan 25 73 9% Jan 3 3 4y« Feb 30 32% Feb 27 73 Jan 10 89% Apr 30 13% Apr 11 16% May il% Dec" 22 3 / 2 28 26 52% Dec 10 8% May 24 48% Jan 22 31% Dec 10 35% Apr 30 •13% Mar 9 19% Jun 1 Apr 4 41% Oct 6 34-/# Jan 2 11% Jan 13 16% Nov 20 14% Jan July~26 54 10% Jun 19 la 77% Jan 25 3 11 % Jan 2 23% May 11 67% Nov 24 30 21% Jan 13 13% Feb July 13 49% July 13 64 Jan 2 74% Feb 12% Jun 27 16% Dec 29 15% Mar 15 18 Jan 29 20% Jan 18 14% ?Jay 21 18% Feb 22 57 19 40% Jan 2 52 26% Jan 3 42% Aug 24 30% Nov 14 27% Apr 3 31% Jan 20% July 17 13% Mar 25 12% Jan 9 Jun 29 Jun 29 19 14 15 (John) Motorola Products Motor Wheel 2 21% Feb 23 Mueller Brass 2 20% Feb 8 Mullins 15% Feb 26 55% Jan 8 6 12% Jan 13 23% Aug 30 13 43 13 j an 15 51% Apr 23 109 52% Aug 30 53% Jun 12 Feb. 1 18% May 24 Mar 26 45 52 2 Jan 16 July 13 22 May 20 17% Jan 2 32 Jan 3 53 Dec 21 51% Jan 2 23 Jan 13 34% Dec 18 31 6% Jun 29 14% Dec 27 12% Jan Mar 15 15 112 4% 7o 23% Feb 27 28 4% 66 Apr 12 22% Feb 2 Corp of Nash-Kelvinator 9 Nashville Chatt 4 National Acme 16% Apr 13 21% Apr 21 National 22'a Feb 13 National 12 National Biscuit 9% Jan 19 8% Apr 46% Nov 5% July 13 July 13 24 29 Jan 2 42% Jan 2 7 44% May 28 14% Mar 30 Nov 150 Jan 65 xl50 Jan 159 it ;. 7% Jan 18 Jan x%'Dec 11 4 Nov 97% May 24 21 5 Apr 24 141% May 9% May 31 31% Dec 22 25 Mar 13 2 8% Apr 17 31% Mar 29 u Jan 22% Jun 29' 4 % Jan 2 Nov 24 25% Jan 2 •28 14% Oct 9 11% Jan July 13 Lowest 3 v 8% Aug • 1 14% Jan 13 share 28 17% Feb 10 6 104% Dec 18 20% Nov 22 Apr - 13 66% Mar 14 80% Dec "' 26% Mar 29 34% Oct 21 24% July 39% Oct 17 3 3 21% Dec 3 188% Oct 29 4 152 Oct 19 26 % 26% 26% 26% 26% 26% *26 3A 27 19 18% 19 18% 19% 19 19% 19 19'/# 3,300 17% 17% 17% 17% 17% 17% 17 3/# 17% 2,900 *13% 13% *13% 13% 13% 13% *13% 17% 13% *52 52% 52 % 52% 52% £3% >109% 10 19% 111% 111% *110% 19% 19% 19% 19% *47 48% *47 48% 62 *60 63% 19% *61 xl9% 19% 19% 19% 61% 62 62% 19% 63'% 33'A 400 15'% 2,700 33 32% 32% *32% 33% 15% 15"% 15% 15% 15% 15% 15% 19% 19 19% 19 9,200 19'% *63'A 19% 33 19 100 63 63 *.32% 19% *19 1 63 15% 15% . 48% 33 *32% 1 ; 63 *47% 19% 61 19% 48'% *61 61 19% 61 193/4 *47% 60 60 10 3,100 19% 48% *47 *58 19% 1,000 54 112% !111 112% *111 112% 19% 111 500 13% 13% *53 53 53 400 2,300 19 19 19% 110 19% 32% *166% 10 7% No par *43% 19% 19% 19% 19% 19% 18% 19% 3,000 32% 32 32'a 32% 32% x31% 32% 18,000 168 1g8 % 167% 167% 7% x7% 7% 19 31% 32 7% 13% 10 .. 168%.: 7% 169 169'% 169 169 90 2,500 7% 7% 7'A 7% 50 18% 18% 18% 18% 18% 18% 18% 18% 1,900 28% 28 28% 29 29% 29 29'A 16,500 17% 17% 18% 17% 18 17% 18 17% 18 *99 99% 99 73% 73% 29 13 National 4 Lead Co 7% No par 10 common preferred a 6% 25 100 *170% *143% > National Corp 10 Ref Co Tea 34% is 47% 25% /" 100 86* Vulcanized 171 171'A *144% 145% 145'% 145% 9% 9% 21% No par *9 9% 35 34% 1 232,800 l'a 1% 1% 27% 27% 27"% *27% 27% 47% 27% 2,300 10,000 47% 27% 46% 47% 46% 27% x47 27%; 27% 27% 27% 25% 25% 21% 15% 15% x8% 8% ,r 25% 86% 86'% 110 21% 21'% 1.500 15% *15'A 15% 300 8% 21% 15% 9%. 25'/# 8% ;8% 8% 2,400 " 21% . 21% *86 86 , 86 % 21% • 86 86 ; 200 6,100 ' 15% 25% y 26 26% 9 80 500 3,000 iy# 35% 36% v 9'A 35% *9 1% 47% -*15% co 9 . 290 *27% 1% 21% 15% 74 34% 27%: 25% 21% 73'a 35% ■y *85% *15'a 10 5,900 172 144 % 9 47% Co-_l—1 Fibre 170% 144'a r 27% 25"% *85% 170% 9 1 5 5,200 74'A 144% ' *27% 28 700 10,900 ,99 73% 170% 34% 47% f 99% 172 144'a 1 *98 73% *170% 27"% *27%, Pa com—10, Co 72% 9 49'a xlO .99% *98 35 *27 % ' 44% . 144% 9% *9 No par . 99%': 72'a 174 '■+ 72 % preferred b 38% May 9 1% May 28 28% Feb 13 50 *98 100 Linen Service Corp 1 Natl Malleable & Steel Cast—No par Natl Power & Lt ex-dlst No par National Shares Corp No par 9% jan 26 . LOW AND HIGH SALE PRICES ~ NEW YORK STOCK v t per share Monday May 28 Saturday May Hi ' EXCHANGE 5 15% Jan 8 Apr 2 23 8% Jan - 98 11 3 Apr 11' 2 Jun 141/4 Jan Par 18'A Feb X105 Jan 19 11 13 Apr 42% Jan 102 Nehl 18 Neisner $ per Sper share Nesco 18 5 103 Feb 20 Apr 18% Apr 2 116 75 2 May 29 • - t per share share May 30 : l. v $ per share the Week June 1 May 31 ■'*! Sales fee Friday Thursday Wednesday Tuesday Jan 20 Newmont 17 t per share Share« t per share : 46% Apr 21% Jun 27 New 26% Jan 236'A Feb 156% Feb 16 180 Jan 106 Mar 13 May 24 3 6 13V4 Jan 10 2 New N Y 13 18% May 10 York York Chic Y N 20 N Y & N Y 18 31 20% Apr 12 15y# May 24 22 Vb Jan 9 21% July 27 28% Apr 5 17 N 29 Jan Dec 14 91 Mar 29 22 97% Jun July 26 31 8 103% Mar 20 90 x28% Jan 2 25% May 82 Mar 1 23% Mar 7 99 May 20% Jan 1 Y 29 Mar Harlem $8.75 19- 102 16 . Oct 19 39% Nov 24 10 Jan 10 35'A Jan 9 43% Jun 5 53% Mar 24% Dec 4 28 6 Feb 27 45% May 24 251/2 May 23 21% Feb 24 17% Jan 17% Dec 15% July 12 10% Jan 13 18 14% May 24 4 12% May 50 X52 % Feb 380 16% 16% 17 8,900 47 % 4 8'A 4 8'A 48% 5.100 15% 15'% 15% 26 Va 26'% 26% 26% 90 •. 90 90 90 21% • 16 Va 26% 21% 26% 89 % *88 preferred 100 *94V2 95Vi 95'A 95 Norfolk Western & ' : 89% 10% 10% 10% 10% 103A 10%" 10% 10% 10% 1,000 43 V2 43 Vz 43% 433A 44 44'/a 44'% 45 44'% 44'% 900 ,47% 46'/2 47 46% 47'/# 46:% 473/8 47'A 48'A 46% 25 *25'A 26 *25'A 25% *25'A 25 3/4 25'% 25% *25'% American Co 10 17% 18 17% 18 17% 18 18 19 Feb North American Aviation _1 14% 14% 14% 15 y# 15'/# 15% 15'/# 18'A 15'A 88 Mar Ry 9 % Dec 15 13 9% Jun 1 10% Mar 27 97% Jun 15 7 94% Feb 106% July 13 109% Dec 16 Ry Co Gas Common preferred •— $4.80 preferred i 15% May 10 •Preferred $1.10 24% May 10 4.6% Northwestern May 8 Norwich 33 Jan *86% I 60 *80 81 81 200 18% 16,400 153/8 15% 11,000 '-• 81 *80 "' * 14* 34'/a 34 34 3/# 33% 33% 5,600 401'A 40% 41% 40% 41V# 63,100 9% 13,000 87'/a 87% 87% 87 V# 430 109'% *109'A 109 '/a 109% 360 9,000 10 99% 99'% 14'/# 22 % 22 24% 24 Va 18% 18'% 18% 18% 9% • 99% 14% 60 14% 22 22 y4 24'A * , 14% 143/s 22'/. 9% 9934 *99 993A 14% 24 'A • 9% ... 14'A 22V2 18 %>• *109 99% 24% 18 V2 86% 109'/# 22 *24l/« 1 —1.50 9% 87% 109'/# „ Co 10 87V2 -*98y2 99'/2 HVi' :14% 25- Telegraph Pharmacal 39'/# 39'A 10 109 %' *109 100 preferred 5 21 38% 9% *86% 100 Northwest Airlines Inc common—10 26% Jan 343/8 34% 5,000 26 18 • 9% —100- series— 34 % 38 Va *80 81 *80 34'A 37% 5 $3.60 82 34'A (Minn)— — 109% May 25 27 *80 10 :—100 16 103% Feb • 50 Co Ry Northern States Pwr Co 2 25 com 700 *10y2 /v North preferred 200 - 95 94% 95 700 83 19 % Feb Adjustment 11,700 21% 3.90% 28i/2 Jan 80 90 *88 95'/a 1,500 21% 89'/a 95 : * 3,400 26% 15'A *88 s43/4 10 16% 47% 15% 90 21% *320 380 380 *320 89 % X90% Dec 25 90 490 *88 Pacific Apr 5 5 15% Mar 31 92 *90 150 87'% 89%;: Central 19 % Jan 26% 51% 87% *88 Natural 24 26% *50% 89% 100 Northern 16 26'A 52'% 46 Va- 15% 26V4 4 *86 Ve 16% 16 46% *15% *50 3 873/4 3.60% Northern 28 45% 15'%, 15y2 45'A 52% *81'% Northern 32% Mar 28 *320 16% 16 700 17% 83 35% May 17% Dec 350 161/# 45% *17 28% 41% May 31 22% Dec 350 87% 1,900 17% *81% 2 26 - *51 87 400 107 106% *28. 2 29 380 16% 52 *86 »/# 17% 206 *202 107'A 107 17 17% 18 >/8 208 *203 82 80 20 16% 51 17'A 50 17 17% 26'A 31% Jan 12% Jun 106% 21% 31 '/# Jan 15 % Jun 17% 204 106'/a 82 28 23 % Jun 17'/a 200 % 26'A 23 24 33,800 18 107 213% 39% Feb 12% Jan 17% \. 300 83 33 % Dec 28 1,400 26'A 88 % May 18 14% Dec 21% 21% 3 .' 20% 213a 8 25 21 21 *81% 5 97% Apr 1,100 20% <26 'A Jan 3 32 83 78% Jan 85% May 106 »/2 Mar 80 *313/a 26% 17 Mar 22 *78 202 15% _No par Noma Electric Corp _1 Nopco Chemical Co——_——4 May " 80 32 17% 107 87% *320 No par 1,700 19% 32 *198'/2 50 100 1 ; 1,600 102 19% *78 17% 107 *86ys 100 20 32'A 80 200 % *16% RR Co.lOO A — 28 % Dec May 23 Hart series A . • July 17 & 5% 98 101% 19% 19% 103 21% 6 Apr 17% -—50 98 1013A DAY 100 6,900 12'A *96 *81% Feb 92 Haven Co 12 *96 MEMORIAL 98 - 95 *94 12% 400 36% 36'% 94% 500 113# *11 37 12 12% 103 •h'% 94% *26 23 94 RR *36'% CLOSED 7(0 42 31% 20% No par *10% EXCHANGE 95 100 Feb 25 42 STOCK 36% v 106% *104 preferred preferred 3.40% 87% Apr common preferred Class 88% Jan 41% Niagara Mhk Pwr Corp com.No par 7 17 41% Shipbldg Corp partic stock__l State Eiec & Gas Corp— 5 Apr com preferred Common 17 31% No pax Louis Co Dock non-cum Y ;. N 25% Jan St Preferred , 19% *78 80 31'A No par Central & New 25% Jan 59% Jan 19% *78 31'A No par Feb 15% May 24 19% 19% '80 *30% York 410 44% May 25 19% *78 No par 17 91% Dec 102% City Omnibus Corp Jan 9 *96 101 107 215 15 '98 101 *197 19 Feb *96 100 $5 24 Va Mar 98 102 100 New 27 12 12 *96 preferred series A 6% 2 28 Brake 11% 12 11% ' 900 16 *15% 15% 106'/a *104 106% *10% 10% 5 25 Dec Air New 10% *100 10 10 Apr 100 12 pfd.lOO 36""" Jan 91 ; *94 Newport 1 4%% preferred 100 Newport News Ship & Dry Dock—1 54 »A Apr 12 *36 y2 95% 12 3 52 37 24 3 27 *36% *94 82y2 Jan Jan 27 10% 94'% -1 15% 15% • 11 *10 3/4 11 11 ... - 37 38% Jan 3 106%. *10y2 4 30 *104 *93% 4 17 106'% 11 *15 % 15% *36y2 Apr 21 *104 100 29% Apr 1 *15% 15% ■•: 11 11 No par com Corp Industries common 73 246% Apr 17% Dec J) (J Mining 41 y2 Jan 13 15% *104 11 v 'll'/a 5 Co preferred New England Elec System New Jersey Pr & Lt Co 4% 23% Feb *11 100 . 3%% 6 ;C 1 common Inc Newberry 7 12% Mar Inc preferred 9 Feb 1 Bros 4%% - Apr 99 Corp 21 Jun"27 26% 17% 27% 21 ~8 26% *18"% 19 Nov 26 19 28'/# 28 73% Nov Dec *27% 17"% 42 - 28% 18% 56 9 28 27% 28% Mar 29 26 28 1 Highest 20% May 29 98 46 28 100 Prod Natomas 104 13% Mar 23 26 85 45% 28 No par Distillers 15 10% Jan 13 10% Jan 18% July 13 24% Dec 15 46% 28 45 10% Feb S per share 103 Dec 45% STOCKS 5 93 46% 28'a 44% 3 Lowest *99% Sep 58 Apr 14% Oct 600 44% *27% 45% Jan 35 6% Jun 600 6,300 44% Natl 93% Apr 11% Jan 28% Jun 14% 45% 45'a 30 16 Dec 14'%: 45% 44% 16% Apr 25 200 1,000 4 14% 46 % 46 45% 2 42% Nov Jan 15 3 15% 15% 14% " 45% 14% Jan 105% Feb July 14% 14% 45% National July 11 Jun 15% 15% * 4,000 National Supply (The) 4'%%> preferred July 18 10% July 25 99 13% Jan xl5% ' 7% July 13 90 16% i4y# 13% 2 11 128 16 14% 13 5/« 25 % Feb Mar 14 106% Aug 11v# Jun 11% Jan 16% 14 y# ' 12% Feb ' 102% Mar 10 34 16% *14% 13% Range Since Jan. 1 $ per 8,300 13% 29% May 7 89% Jan 30 8 Highest S per share 1,300 69% 13% 21% May 24 x85 Year I960 ■■¥' 23'# X69 13% Range for Previous ■ 23 70% 14 2 7 23% 69% *13% 21% Jan > 23 Va 69% 13% Sugar 10% July 13 23'a 69% 13% National 28 300 1 16 18 8,000 2,200 32% Feb 20 5,200 171# 2,400 2 Dec 84 17% 13 27% Jan 24% Dec 83'A 18% 10'A 29% Oct 89 84 18 49'% 26 21% Dec 83% 18'a 13 Steel > 84% 18 10% National ; 83% " 49'A 9 4 500 18% 13% Jan 20 500 14% 18% 10% 56 15% Apr 27 36 14% 15 18% 49% 46% May 31 71% Apr 23% Dec 36 *18'A 14% 18% 13 53% Nov 27 9 36 36 14% 18% ' 36 14% • 18% 10% 35% Mar 31 Mar 22 36 23% Co Jan Jan *35% *14% '•"15% 100 76% Feb 156 30,000 National Dairy Products No par National Department Stores 5 2 185% Jan - 69 _1 National Gypsum Co com $4.50 preferred 103 20. 69% Can National 170 19'/a 49'% 21% Mar 22 7 22% 10% 30% May 11 5 19'% 13 4 29 22%.. .23 - 12% 2 Jun 35"% 15 35%- :- 13% 10 69% Dec 7,400 11,800 t. 10% Apr 185% Jun 22% 2,100 : 9 v# 54% 9 day 49% 17'/# Jan 102 32 8% 533A 55% . 12% 18 h 32 9% 56% 55 * 10% 26% Jan 10 '32% 35% 55 % ' 49% 22 Jan / 12% 21 July 13 '; memorial ~ 10%: 20% Dec 94% Jan 6,700 12% 27% Dec 35 1,000 2,400 14% - 10% 22% May 31 178 ; 81%' 14'A 1 15 23% Feb 30% -81 '14% 1 20% July 17 July 25 30% '81% 14% 23%"* preferred 2 13 July 17 30% 79% 30%, - 68% Cylinder Gas Co 50 36 CLOSED ■ 55% ;,;HMAr 9 .,22%, 22% 0 National 15% Feb 54 %■ 30 31% STOCK EXCHANGE 32% , 310 89 *28 23% common 6 13% Mar 26 • : 88% y : 69 Fibres Inc Container 28 32 32% 9% % 29 >% 23% Corp Co National May 32 »%" 54%' 54%r *14% —1 National 14% Dec Jan 14% 32% ■•> v/22%1 .0 National 27 9% Jan 11 79% 14% /> v 89% *23% St Louis 9 11 30% 79% No par 14 15 11% Oct 30% • 14 % *89 *28% 18% " com 2 Feb 27 -• 6 2 10 6% Jun ; 1 Corp Cash Register City Lines Inc 7% July 12 6,300 4,100 .21% 21% —8 54% May 11 11% Feb 24 10% Jun /: , 44 % 10 Automotive National Shares share 106- 84 common Aviation 35% Jan 184% Jan 31 pef 44%» ; •104% 17% — 18% May 24 7% u. . 83 >a Co 31% May 25 20 1 *i 78% ■ ",'.v -• 30 0 Airlines 17 166% May 24 30% 30% ,\14% *28'a No par Co & 28 9 - *18'a Corp Mar 35% May Dec Jan : * ( 50 May 27 186 29% 14% 32 No pax & Bros 20 30 ' 21%-. 22 89% 89% 89% 78% 79 114 % • 100 23 175% Jun YeHfS 18% preferred Myers (f e) National 45 106 No par America 39% Jan 2 v 1 14% July 12 12 Jan 13 16% Jan 21% 45 17 v# Corp Co__-; 31% Dec 26 ■ *104% 84% preferred Murray 49% Feb 79 21% . 17% Lines Munsingwear Inc Murphy Co (g c) May 14 45% 106 .21% "*}. ♦V# ' 45%'-', *104% *82'a Mfg Corp 18 $ per share 'the Week June 1 •'•,' *18'a Corp 25 Mar 17 a1 t per share Sales tee /•Friday.. * May 31 3 Motor 9 Thursday"-'' 5 (The) & Jan May ' : 0 Co Inc 18% Jan 36% Jan Jan Moore-McCormick 29 t per share v ,89% 30% - *••■•''9% No par Co Co 16% Jan Oct 113 29 Power Morrell Mar 21 1 •"May 30 *27% 29% 78 1,0 Montgomery Ward St Co 20 56% Dec 108% July 12 25 , __Nopar Utilities May 24 19% Dec 13 44 Oct f 90 ' •27% *30 ,» 20 Tool Chemical Montana 16 23% Jan com: Machine Monsanto 8 15% Dec rr Montana-Dakota 9 PRICES Wednesday May 29 . 106 21 % , SALE HIGH Tuesday * ? r " Monarch. 91% May 11 t 19% May 10 24% Apr 3 *104% - 21% •88%' 100 —- preferred preferred series a—r_—100 tMissouri Pac rr 5% convpfd-400 Mohawk Carpet Mills 20 Mojud Hosiery Co Inc 1.20 5 AND Vr „ '46' 45% 106 v 20% A May it $ per share 45% >46 104% < 7% 10 24% Jan preferred conv " 9 16% Feb Mar 15 73 Dec~21 39% Feb 2 18 1st $1.50 2nd Mo-Kan-Texas 33% Mar 12 ; ' Mississippi River Fuel Corp 9 30 Go common—1 • I per share ->;v ■■■.Par'-- Mfg common—No par l_No pdr • Minnesota Power & Light oo_No par Mission Corp « -if Mission Development.Co 8 3 73% Mar 15.50 ; 9 Dec > \ it 84 preferred iflnneapolU-Moline •' 14 Feb 15% Dec 31 Va May 19 Jan 21'a Jan '• Monday Saturday May 26 i Ifixm Min 9 93% Feb 27 46% Jan 4~4%" 24% Feb ',27% Dec , 16 5 LOW stock exchange r 22'% 22 22 ; *24'/# 24% 24% 24% 90 18% 18% 18% 18% 2,900 , ■; 4,300 O 28% July 12 35 y# May 26 104% Dec 16 112% Mar Dec 21 100 95 26% Feb 18% Dec 18% Oct 14 20 9 19% July 11 90 i July 8 For footnotes ; Jun 46% Dec 20 Va Dec 20 Jan 102 22 90 28 28 9 28% Nov 22 101% Oct see page 301/# Jan 9 5 24. 2 Apr 27 May 17 17 110% Mar 12 99% Feb 27 43% Mar 29 54 «/2 Apr 27 19y# Jan 21 y2 Feb 28 18 19 May Jan 2 20 Jan >4.40% - 3.DO Ohio • Oil i 31% 31% -100 *104 »/# 104% 100 common. preferred preferred *90 % Co ' ——No par Okla Gas & Electric Co com 10 8 :4% 2 25% Jan 97 Ohio Edison Co 31% Mar 6 Oliver 8 106% Mar 6 preferred Corp common 14%% ■ convertible 3l% 104 *90 % .32. x313A 103 Va 104%' 90% *90'% 90% 50% 197/s - 49% 50'% 19% 19% 19% 19% *18% T19 29%: 29% 1 50'A *18 "2 2934 29% 102 101'% 101'% . 19% ' 102 31% 31% 104 Yb 493A 49% - 20 preferred—100 91 *18% 19 19 29 y2 ' 29% 1011% 101'% 104 *90% 49% r 20 18% 29% 101 31% 31% 31% 104% 104%; 10434 91 91 51% 50 y#< 51% . *19 3A 20% 13,700 ■ 640 • 91 20 y„ 18'% 30% 101 *18 » i 293A *100 110 7,500 ; ; - 1,400 18% 300 30% 4,500 102 1,180 Volume 173 Number 5017 . . The Commercial and Financial Chronicle . 21 (2305) NEW YORK STOCK RECORD Kacfe-for Previous STOCKS Tear 1950 Lowest 9 per share 10 74 Jan Range Since Jan. 1 Highest "... v .. r>. S per share Lowest I per share r. 3 15 Apr 11 Jun 1 Jan 3 113 Nov 10 100 Apr 20 105 20 27% Sep 22 25 Mar 24 26 July 26 42% Jun 23 33% Jain 30 21. 13% Jan 25 Oct 5 17% Feb 27 82 Jan 14 75% Feb 19 78 Aug 2 57% July 12 79 Oct 73% Feb 2 21 Jan 6 17 Jan 1 25 98 Jan 16 19 82 3 Feb 21% Dec 20 11% Apr* 27 104 13% July 17 97 Nov Sep 1 65% Sep 27 27% July 11 43- Sep 27 15% July 27 23- Feb 4 22 >3 July .12 30% July 26 48- 35% Jun 48 3 30 8% Dec 64% Feb Pacific 54% Mar 6 17 3 3% Jun May \5 '49% Feb 113 May 34% Jan 33 4 Dec . 21% Jan 23% Dec , 13% Dec 23% Jan; 22% Dec 36% Feb 7% July 12 - 18- 13 Dec 25 56 - Jar. i 4 ; 25 Jun 23% July 20 23% July 18 . 8 62% Dec " ; ■82 - 14 3 3 114 • 25% Jan , 23% Apr 26 Dec 28 -116% Mar 23 102% Oct 23 "106% Jun 9 99 110% Feb 24 104 110 Peoria 19 9 ; 26% May 22 * Pfizer Corp 140 5 5%v < 8% *8% *30V2 44 VB 774 ."*45% 47 2% * *3674 25 8% = v .. 2074 7 *107% fChas) Phila 9 4 Electric Co ■ 197v 3.8% 33 ■ 9% ; 10 5 *19% 20 *20% 2074 109% 10674 64'% 64V-Z i ; preferred__^._50 : 60 •; ■ 2774 Nopar ■' 60 20% 12 74-' 60 „ 24% . 28 24 74 „ . , : 4. < »-<'.• 60 i -j 60 74 • i '. a • - t. 2774 ..• -27% 2474 24% 111% 111%, *101 104 •100% 104 *10074 109%: *108% 10974 *10874 10974 11174 60%. x27% 2774 24 74 .4 > 111 - 1,300 1,500'- ' 110% 8,300 C ,2774 : 2474 i 510 - 111% .111% - 2774 *23?% '' 3,300 1 66 Va -6CV4 V 6074 ■' 111 - ' 21* :< : 100% 10074 *98 Va luli'/a *103% 7,900 1,100 i 90 - 109 »/3 *lo<i'/2 10974 . • 400 •? 2074 66 '.60% : 18,000 4974 21 110 x24 • " < G7% 4.- 103 V2 *108 111% 21 - . '■ 1074 • 2074 112 -67 : 974 !• 200 -1,500 , 18%, - 4974 - 2,100 ; *103v J* 10474 21 2074 • ' - 11174 24% *110'% . - ■?• 1 - 104V3 - 32% » 115 *1674 10% 20% , 27,300 6374 115 50V4- *103 19'/* ' 3274 ! ■ 1874 110 100 : — i 109% 0674 100 -1001 preferred . 65%' 60 2774, v t: 21 19 3,000 62%- v 33 10 ?' 800 27% 2774 19% : 64 200 2,100 21% *107 TV 110 •27% . 300 3,500 1274 *20 110 . 700 • 25% 25 74- 1974 *4974- .... >,•■■ !. *12% 2574 > •*16% : • 20 % 109 6574 •' 2074- *32% 10:- 21 20% 4,200 6874- . .114%- 116 4974 1C4 „ 2074 109 64% •■ *24% r 1974 106 27% , *103 874' 8 36%— 63 , 1874 4974 104 3,900 68% 19% . 3 2 74 974 4974 - 19% - 1 ■ 10% Va *102% 25 ___5 common 974 49 50% 900 ... 20% 27 116 V *1674. 7% 17% 3674 107 74 ?■ 62% 116 v. ' 27 32 74 33 11374 1374 200 *674 17% 68% 19% ■ 110. 62 34 •3374' - 8,000 16,000 * 37 23% - -V 19Vn'; 19%- '• ■m 62 113% *1674 18% *16% 2G% 1974 - *3274 .*111-74- 114,, 100 preferred 4.3% - *32% ;. 19 *61% • 104 4.4% preferred ; 62% ♦107% 5674 20%- 1274 2574- .. 5674 8% 200 •<• 3% 3 3674 t v ■ 12% 27% 2674 19%-.. . 62% *49% $1 conv preference conu___No par > 19 *10774 110 '27,% *102% Co Inc_ & 110 *26% t - 7,600 46 > , 6874 37% 7974 20 8,700 22% 2174 674' 4,300 . 7% *4574' 17 200 4574 '• • 17,100 3274 774 33%' *20% 21,700 96 ' " 57 V*- ; 1,100 5 4474 3%, :«:!• 874- 1:';•. 2,200 874 ♦3174 • : 46%' 16% . 18'A 11% 22%: 6% ,■",-'•••' .98 4,200 96 8 3 460 . 5V4 . 474 .- , 98 7% :« - 874 6874 . 4474-: 4474' 55% . . ,.,18% , . : , *45% ■, ; . TOO 141 "• 874 5 2,100 . 39% 10874 5% ■ 874 22% . 2574 , ; 3374 *12% 12% 20 ■?. > -.-V )'•■•■■.. , 6% 67% 25% 25% *19 • *8% 4% 20 » , ' 11% : 1174. ; 32% 32% : . ■ 51 39% . 1874, r 1774 *37 51 • 39%. 5TV . ■ 34 20% 37 *1274 : - 67% 67% 1274 20 . :• 21 *20% 37 1274 874" ... 21 67-% 25 *19 874 ; .-< 5574 • 5,000 141 «. 2% 674 • ' .. v . 1674 .• 32% 140%. 22% •33% 6% 16% 500 '32% ■; 50% *96 46" 55 , ,?>. . l. 7% 2% 34 674 >.' 1674 ;8% • 61 Va V *33% 6% 1674 *36% ■i*' % 55% . ; 45% ' 574 98 21% - 2% 5474 : 34 i *2074 .' 46 2% 54 ,34* ' 2174 44% 774 . • t 31 44% 19% 108 I . 391 108% . 31 774 ♦4574 .. .5 *96 98: 22 ' 874 4% 58 *38% , 140% : . . . 11% 11174 4474 7% _ 3 53% f . . . 400 .110 18% t *' 2874 107% 18% *874 ... 31% 44% *96 22 : 8% 11% , 1,600 15% •19% * :3274r *39% • 574 5 18 5 31% *21% i. . 17% .1174 ,-,? , 98 - '.7% 7 1774 , 11% 44% ; 5% 5 - 11V4 *96 ' '1774 4% . 5% 19% 50% 140 _No pkr America of Philadelphia Co 6% 8 Jan 13974 _i___33%c; Phelps-Dodge Corp . 23 Peb- 106 110 - 139% *30 V« ___100 3. Pfelffer;Brewing Co ; . 9 Jan *115 17 Petroleum 17 Feb 141 38% 39 32% 19% •28.: ' 5774 , 2,900 ♦56 :28%- • *38%. 5074 39% :3% ' • •; ' 78% 15% t *56 DAY : , 10774 ; _I & Eastern Ry Co___ Pepsi-Cola Co___— Pet;Milk Co common..? ; 4% % 'preferred; . May 17 ?:287<i Mar Apr, 24 Apr • j v';i631/2.Mar 27 2 5074 50% 39 ; 5% preferred 100 Penn Pbwer <t-Light C0-—N0 par Pennsylvania RR " .__Li_50 s 13 J' 69% Jan Apr 25 V ; 6 22% May 9 22% Mar 12 10 112 105% Oct .20' 127i Jan 50% 107 • "■ 28 200 *10074.10272 16 1 3 56 Apr >x057« Feb Jan 57. , 27% May 26 26%?Mar 17 24% Feb 3 59% Apr -> Corp______ 32% 3874 / , • 5 ,18% Jan 29 - 5 -,4 Jan Cement Glass Sand Corp com_ 3274 107 Va t 2.50 ; 3,500 1974 ■ 102% *19 Va «3274 107 *17% ; ' 19% 38% . ' " 36% 77% 19 *100% "16 MEMORIAL ...: 19% 10674 *139% 64% May 10 ; Pennsylvania Salt Mfg Co_______10 34% Mar 27 it Peoples Drug Stores IncJ i.„5 125% Feb 27 (Peoples Gas Light 6c Coke__ _100 100% Apr 27 ; 17% Jan 11 28 66% Dec Jan , 34 6 85% Dec •' 10 Penna 27% Apr rl8 26% Jan 18 M 50 VA 58 ■" 19% 106% 874 9 - 32 674 : Jan 32 % »",• *3874 r; 39 *16% '-Peon-Dixie 110 5 . .,9% Jan , 6 Jan 9 *56 39 par 15% Mar 16 *2474 Mar 59 *__5 27% Mar 10 * 112% May 24 18 iJan 8 ... 17% Nov 24 18 51% Jan Mar 37% Feb 107 44% Mar 27 ' 12 * July 12 32 ; May 19 20% Dec 22 July 13 11% Jan 6 139 - '8 10 28% 36% 77% -19 EXCHANGE CLOSED 38% > 26 74% Jan 2874 1974 Peahody Coal Co -common ? 5% conv prior-preferred 25 penlck & Ford__T——Nopar Penney (J,C) Co INopar Penn Coal & Coke Corp—_____10 8 2874 74 STOCK ' 16 *56 50% Corp ___1 Corp 1 Proof :Co_ 19 74 102% 16 *3874 36% 76 16 28% 100 78 1974 No par Transportatlon_.d__No > *76% 38% 1 Patino Mines & Enterprises 78 3274 , World Rust •Parmelee ' 18% May 24 ;52%Jan . Parker 14 25% Jan 2 Mar 24% Jan > : 64j/4 NOV 27 July 14 10% Jun 29? - ■ 20 j . •40% Feb •• 19% May 24 27% May 24 i ' 12% May 26 10 21. *106 Car—___• •76% 59 •• 100 Park Utah Consolidated'Mines^—1 Parke Davis & Co ,_No par - ; 2 .10% Jan 11 30 30 Amer 19 *100% 100 19 38% _No par Corp •18% *19% Park & Tllford Distillers « 21% Feb ' 4 - Feb Oct *56 ' A00 Paramount Pictures / May 3 -8% Jan 16 1 1 ?•, Jan - Dec 110 - 107; 28- 36 64% Apr 28 6- 103" '.20% Jun ■ 35 • 1 22 20 : 29 ' 30% Aug 22 , 8-7 Jun 38% Mar 17 27 -41% Feb - 13 57% May f 16% May 24 70% Nov 13 - 9 14% Jun i ,>9'% Dec 23 6 *106 y2 Jun 11 18 11 8 57/ Jan ..*4% Jan - 3 6% Apr £. 20 " 7% Apr 29 13% July 26 2% May 24 31% Jan 9% Jan 31 - July 31 53% Apr 25 25% Feb 45% May 29>:- • 40% Jan 18% Dec , 8 13% Dec -4 22 - 17 7% Apr ■v *27% 2874 19 77 19 700 30 •18% 76% 102% *25 ya 18% 78 *15% Shares 11 100 100 36% 18% *18% *100% * 1 33% Aug.22 - 6 15% Apr •' 19 .' 16 ) 36% *76% 76% 102% Airways Inc _1 4 Pan-American Petrol 6c Transp___5 457s May 4 Panhandle East Pipe L com ._No par 104% Jan 18 "4% preferred ' 100 Panhandle Prod !t Refining /10 Feb 5 ___1 21 -.May 24 27. 46 % Jun .4 -5% Apr Dec ' Packard-Motor Pan 75% *100?'% 33% May 20 . 48% Nov 24. , 16 26% July 11 6 5 7 76 11- 30 19 ,*15% Pacific Western Oil Corp com new_4 •4% preferred __• _10 18 75% ^_No par Consolidated ♦25 % 36% 78 ". *18% 25 preferred 30 19 ♦76% > _10 Electric--: *25% 36% the Week I per share 11%' 101 26 19 >11% Sales for Friday June 1 f per share 11% ♦99% 36% 5 common ♦11% 101 26 100 Telep & Teleg com Pacific Tin ' Feb . 6% \ 14 13% Apr »Mar 15 *96 ' 'Jun 28 Pacific 30 6% Mar 10% Mar 14 * 9 22% Oct July 20 9% Jan Mar <8% Dec 28 34% Jan • *40 107 • ,.1% Mar 21 • 25 1 17% Feb - 19 49% Mar 20 Aug 15 5% Feb : 11 28 V 13 102 2 •4% Jan 17 Co May 31 ♦99 % 36% 78 - Thursday May 80 J per share 101 26 *18% PRICES Wednesday I per share 11% - *99% *76'A No par com preferred? fisheries Inc Gas As * 21% May 7 8% Mar 16 May 24 3 27% Oct 27 Inc conv ' 8% Jan . 1 6% Feb 5 1 12.50 Lighting Corp Pacific Mills 5 Mar 151% Jan 8 4% Jan 6 12% Dec 29 Jun 8 Dec 15 ' 2 Jan 18 Co Pacific x49%,Jan 26" 2.50 1st preferred nqn-cum No par 2nd prefererd non-cum No par Pacific Finance Corp of Calif 10 3 Apr ~8% 19 Feb 36% Mfg Glass Coast 3434 Mar 38 4 18 % Apr , Pacific '44 v " 9 May 9 17 ; Amer cum *25% No par Products 4% Pacific 20% May 138 Dec -Pabco 1 6 3 103 7 Mar 21 6c *11 100 SALE May 29 I per share 11% 100, 10 . Owens-Illinois 8 18 Sep 16 Marine *11 - HIGH Tuesday May 28 J per share / No par _____ Co Apr 152 * Outlet 31% Mar 27 13 Dec Elevator 16% Jan 111%' May 23 93% July 13 142% July 21 2% Jun 29 2 ' 55% Mar 10 July 26 23% Apr 37 Outboard Collins 19 % Feb 57% May 15 49 . 12 Jan 21 Otis • Par / AND Monday May 26 Corp (The) common____5 convertible preferred A__100 •6% Oppenheim 101% Mar - 15% May 24 17% Jan 10 7% Jan Jan Saturday 1 1 13 39% Apr 21% Jan 72 LOW STOCK Omnibus 5 . May 28 19 ' . 2 Jan 14% July 10 YORK EXCHANGE $ per share 20 % Jan 95 NEW Highest 200 *• Range for Previous ■> •• Lowest- Range Since Jan. 1 Highest Lowest • # per share 9 per share 18 16% Nov 22 Dec 15 23% Dec 1 64% Jan 4 96% May 3 58% Oct 23 46 July 17 102% July 17 100% Oct 30 Jan 14 '48 14 7 17% Jan 21 20 Feb 9 17% Jan Dec 8 95% Feb -05Vs Feb 27 56% Mar Pliilco "■80% Dec 29 ' " 28% Dec 16% 8 104% Jan 19 preferred series A 20 'iMar 28 96 Feb 5 3974 May 24 5% 4374 May,11 *1774 Jun 1 101% Dec 27 Feb 17 97 ; Jun 9 26 .16 Oct preferred PhllJip8 100 : Petroleum .21 11% July 14 Mar 17 163 -• Mar 1 \ Mar 22 Oct 7-.- Mar 30 Jan 17 22 > Dec 29 X38 " Dec 40% Oct j . 10% July 1771 • 174; , 19% Jan 22 24 155 174 Feb 18 - 13 145 ; 24 141 Dec 30 May 16 31% Dec 30 12% Apr 7 10 Jan : 18 : 3 >147 2 Feb 2 14% Apr 63% Feb .. RR_: 5% preferred class A —_—.100 6% % 1st series prior pfd 100 Plttston • 12 Co (The) 1 — 9874 *17 19 Va *17% *95% 99 98% *95 CLOSED 5 ; —3 : 88 101% 98 *95 19% *9574 99 82" 32% 41 % 40% 4174 417a "41% 41% 42 13 13 15 1474 15% 15% 16% 33% 33% DAY '<■' 82% 83% •"4,700 400 98 *17% 19% ♦957.4 81% > 60 V. 5074 101% 80% 81' 5,000 14,000 90 r v493/4 *17% , 1474 2374 *88 ?' ( 14% 50% '*95 7, MEMORIAL •; 10174 *100 Shares I per share 23% i4%2374 50% - 19% 99 *101 16 :16 28% 28% 99 8274 8374 *17% .14,600 * f *73 - "21% 17% * 144 74 146 *147; 164 ■ 974 ...9% 20% 2174 72%. 74 *73 74 82 '82 83 26 24% 146 •144% 23 2274 , *13Va r 57 146;. *144% r 1374 13% 13% 56% 5774 x57% 5774 29 •49 57 156 23 •v.: - 2974 3,500 / 400 18 156 ? : 164 4174 ,' 8,000 9-74:; •'? 974 1,200 10,400 7474'Vr 8074 *141 • : 2174 24 7a 23% : 24:74 156 13% 58% *29 2974 , 110 > * ■ 600 400 . 1,400 / 1374 1374 : 5C74 5874 *29 . c 23 23 13% 30 2,800 8OV4 • >■• : «.: 38% 74 i 60 1,400 2174 58 - - 500 s 98, 41%: 81 • 2574 •2474 22% *13% 13% ,8074 25% : •161 9% 2174 74- 23 *147 : i 3,500 : 120 38% 4174 • . > .16% "*1774 156 164 9% ♦14474 V . *161, 2074 22 29 ' 18 . 5,400 . : 101% *9674 r:' 41% 82 23% v 7 4174 4174 *24% 20 .*22% *161 41% •' 1. 3874 *1774 . *147 165 73% 82% *24% : X1774 . ♦110V4 - 2974 38% 17% 101 -16% 98 29% *96% 974::. 974 9%. 2174 75 21% *82 "41% 4174: *9 , ♦161 165 2974 9674 387a *148 *148 ; 29 96% 38% - 3374 ; 120 4174,. 1774 3374 1674 *110% 38% 98 : 17% 18 i*161 V 4174 • . .102 16% 120 -4174 Xl6% .? 33%' *101 1674 ♦110% 29 *96% X38 *3274 101 16 120 . 39 33% 101 1674 98 ;•' 33 102 *110% 28% 120 *96% , 33% 102 16 39 > *2874 Plough Inc :Plymouth Oil Co__— — 1 *95 *110% 100 J Pittsburgh & West Virginia jlOO Pittsburgh Young & Ash pfd—(100 9 3 51% Jan > 9 Jan " i 31% Jan % ___2 Louis STOCK EXCHANOS *95% ;*ioi No par Pittsburgh Plate Glass Co— _10: Pittsburgh Screw 6c Bolt Nopar Pittsburgh Steel Co com. No par 33% Jan 4 St "49% 101% 1974 *33% • _25 Forgings Co _1 Pitts Ft Wayne & Chic Ry com_^100 7% gtd preferred— 100 16 98 C & 49% -. t per share. 14% X23 88 99 *12% Pittsburgh " Jan the Week " . 17 Jan C : : 101% 50 102 *101 9874 8074 , convertible preferred—No par: y Pitts Consolidation Coal Co 1 1 132% Jan 2 % May 24 •; Sales tor Friday June 11' May 31 • 88 *1774 *95 Pitts Coke & Chem Co com—No par 21 30 •22% May 19 10 54% Oct Jan - Thursday; > 14% 23% *8774 88 49 Va 49% 102 41 J4 preferred-— 14% *9574 f •$5 17 ' 10% Jan r 2 Jan ■ 4674 Apr 72% May 31 .} ;74 20 33% Feb 14 . 3 Jan 4 76% Nov 27 July i>8 vFeb 5 32 9% Sep 22 r v May - » V t per share 23% 23% *8774 88 *99% 5 Pitney-Boweslnc. 2974 May 10 Jan 30 19 8 98% May 10 -42% Jan 24 ' 37% Jan 25 8% Apr 2 135% Jan . 23 164' ; 9% Dec 21 ; Jan 153 * 7. 19% Jun 61% July 25 : r •- May 28 17% Mar 29 ; 14 ... 104 , 2374 49% - issued" Hosiery Plllsbury Mills Inc common 30 17% Jan » 2 92% Jan r 18% Dec 6 125 j Nov 24 3 Jan PRICES Wednesday ' No par Phoenix Pitts 25% Nov 21 155. * Mar 21, 30% July 17 35% Apr Apr 27 ' Nov 96 40 148 2 "•When *• 5 110 24% July 3 14% July 17 86 Jan 99 17% Sep 106 4 15% Dec 11% May 22 31 r May 30 * • per share "14 ■: 14 23% *87% 100 T 7 ■■ 14%- 22% w 4 8674 May 11 34% Mar 23 .'4' ' May 29 t f per share a 14 Philip Morris -it Co JLtd common 5 4% preferred ton 3.90% aeries preferred 100 /Phillips Jones Corp com JJo par 16 '76 Va Mar 15 Apr~24 I per share PaT L_1 __3 common ' 9% Mar 31 "• Tuesdays May 28 May S6 l:-:' ' Corp -.374% 9 107% Jan > ' 7 "■•. 2 27 May Monday Saturday EXCHANGE ; Phllk & Reading Coal & Iron 19 257a Feb - ' 98 ;' a SALE LOW AND ; % ' 2 May 24 99% Apr -• * " $ per share May 11 37 27 - Dec : 87 103% Dec "8 57% Jan 107 3 91J/2 Aug 1374 May : 20% Jan : - . NEW YORK STOCK' : Highest " J per share > 11% Apr 20 STOCKS •. Tear 1950 .. 300 2974 1,700 f-.' • "When 33% Jan 16 52% Nov 22 11% Jun 27 18% Dec 12% Dec 15 .16% Mar 7% Mar 23 48 19 13% Dec May 31 57 .; 1374 Jan / 4 19 12% May 24 27 July *.3 38 Deo 19 "» 35% Mar 15 56 Mar 22 71% Dec 29 13% Jun 27 Jan A ^ 25% Nov 24* • ; 20 Va 28 19 Poor 6c Co 28 Potomac Electric 1674 Jan . ' . '-41% Jan 69% May 26 • Feb 1974 Jan 14% Feb 16%: Mar 14 ; 8 80 17 May 24 2974 Jan 16 95 Feb 19 21% Jun 30 28% May 31 125 Jan 2 30% Feb 19 24% July 12. 30 Nov . Apr 14 ■> .; 26% May 24 30 Feb r;8 Apr 28 11074 May 25 11974 Feb Dec 14 90% Jun 23 ;83% May 16 91% Feb 19 26% Feb 8 '21% Jan 2374 Feb 23% Dec 18 27 2 107% Mar 31% Jun 30 26% Feb 27 106% Dec 26 ' 9 30% Feb Oct 103 : 99% Apr 48% Nov 48% Dec 30. 109% Jan 10 24 13 . 25% July 18 Public r — 1374 Jan :A __ 8 27% Jan 2 : . j . k 48 Feb 159 May 23 ,24 Jan 2 29 16% Jan - 2 21 % 82 2 Jan ? ■ • Serv 4.64% 3%% Pullman Pure / Co of com_____5 No par Oil ' 6% 5074 *16% 17 1374 12% *35 ♦49 v 1674 ■ 13% 1374 1274 36 > 6974 20% *35: 20% 91 12% - 69% 91 10 26% *2674 preferred ——1 preferred 50% 20% 1374 1374 ; 13% X1374 •12%. 12% 12 V* r17*3574 12% 36 2074 26% 2674 26% 27 " 27 27 Va 3374 8374 22% 22% 22% 111 2474 2474 103 102 21% *90 26% 27 2774 27% ; *111 111 84% 22% 2474 101 103 Nopar (TheJ (The) preferred 00m 43% 44% 44% 4474 48% 4874 48% 49 V* 4874 50 51 100 ♦10974 29% 8 100 Quaker State Oil Refining Corp—10 33% *140 110 *109% 29% 2974 33% 33% 143 *140 *25% •25% 26% 19% *77 1974 Nopar 1 3% 3% 37a 3% 3% 109% 110 29% 33% 142 ' 26 W, 109% 29% 33% 25 . " 4,000 . *2474 2,700 . 8,000 2074 V'. 90% 50 26% 2674 2,400 2774 9,400 *111 , ; 60 112 80 8374 8374 2274- 1.. 24% 101 , 110 200 27% ' : • 2474 . 29%. 3374 . < 45% *109% lio: 30 . .• -• 32% 25% •24% ;.iio 7,100 14,400 .100 30 142 143 . 47 5174 10,400 15,100 - 101% 50% • .5174 •1407a , 12% 36' 70,74 69% •90 45% 33% 33% 143 2474 , 1,000 3,100 1374 "7 2074 2474 2974 •140 . 2274 101 *109% 29% : ,1674 V 84% , 44% _No par ; 43% No par common 43% 1674 22'/a '..'•-24% ; a. < 112 83% 22 % *10074 > 27% *83% x24% 2474 102. « 91% 27 X2274 ' i" 49 *46% - » i 70% 20% 21% 111 111 8374 112 36 v 70% 91% 27 22% *35% . 7074 2674 *83% 24% 17% *90 91% *11074 *102 49 16% 69% 21 100 -100 48 17 *35 70 *90 50% 1274 1274 36 69% ,100 com—No par ? 17 1374 : 1674 ; 1374 No par com_ Inc Quaker Oats Co . 5 *49 Indiana—No par >,5% conv preferred Purity Bakeries Corp. 22 Feb Inc preferred cum 1 Nopar ? ...,* $1.40 dlv preference -.i 4.08% 'preferred — May 23 3174 Feb 3 142 r T 13 21 110 - > , .48% May 75474 Feb 13 t 1 10 preferred series A—58 Pub Serv El & Gas ' Feb 107... 31% May 21 : 2474 Nov 24 v 25 ; 106% Mar 34% Jan 30 7. 27% Feb May 24 41% Apr 2 46% Mar 28 __ __ 2 Co Public Serv Co of Colo—; 26 123 Power Gamble & $4.75 13 20% Dec 85 —1 —No par: Publlcker Industries t' 6 115% Nov conv Procter ; 31 Jan ' Pocahontas class Pressed Steel Car Co Inc com 11 •I 90 91 Creek Pond . 17 a" *7 4%% Jan 1 80 Issued" r; 900 1,400 33% 100 142' 200 2574 R 12% Jan 23% Apr 18 73% Jan 80 Nov 25- ,*76% Jan 3 V# Apr . - 100 27 Feb ; 3 •July 13 " 10374 Jan 35 Nov 10- 93- 16 33 11 -For footnote, 3 . -4% Jan 2:- 5 . • 8 4 , - .' page 24,-:\ Mar Radio Oorp of America eoa._No par , $3.50 RKO 1st preferred Pictures Corp May 16 RKQ Theatres Corp—-— 574 Feb -. 8 1 .-Apr, 27>C 103 Jan 9 Ralston Purina Co 3% 94 pfd 100 Jan ?;2 V 4074 Mar fb* 'Raybestos-Manhattan ——Nopar »"*i 1:. < 1 see Maris ^ -.a1 ■.» 3% 7874 ' 18% *77 *96 % 93 ♦96% ♦3774 38 "37% 1974 78 3% 3% 98 3774 77 3% 374 *9574 37% 99,100 - 1974 19% : 1974 1974 19% 77% 3% :i8%- 7774 > 78% 79 374" 3% 3% 374 10,200 3% 37V 3% 3% 3% 12,400 97 ♦95% 9674 37% •37% 37% 97 37% ♦95% 37%' 78 1,000 .. 500 22 The Commercial and Financial Chronicle (2306) . . Monday, June 4, 1951 . NEW YORK STOCK RECORD 9 per share Lowest Highest '$ 't per per share STOCK NEW YORK Range Since Jan. 1 Year 1950 Lowest LOW AND STOCKS Range for Previous Saturday Par 1$ per share share Feb 3 16% Nov 31% May 24 14% Mar 28 37 J0% Jun 30 July 17 19% Feb 7 18% Dec 21 17% Jan 2 20% Feb 1 Reed Roller Bit Co 12% Mar 30 16 May 24 71% Jan 5 8% May 23 12% Feb 25 21 49% Dec 45 % May 24 54% Feb 10 37% Feb 13 30 Vs Jan 13 36% Dec 30 35% Mar 22 20 % Jun 29 28V# Dec 30 25% May 24 32% Feb 8 35 Jun 19 39% Feb 9 37% May 24 44 Feb 16 30 July 34% Mar 22 3 15 18 20% Dec 19 7 Jan 6 9% Dec 16 22 Feb 9 28% Jun 22 July 3 12% Oct 23 Aug 1 10% July 17 62% May 15 14% Feb 20 Jan 20 93 % Aug 22 10 % Jan 13 19% Dec 27 25 16% Dec Reeves Reis 8 66 85 5% Jan July 13 3 X25 58 Jan 13 Jan 13 14% Jan 3 *23% 5 July 13 13 20% Jan Jan '100 8% Dec 3 15 3% May 21 9% Jan 1 117% Dec 30 43% Dec 6 Dec 18 15 39% Jan 27 50 104% Dec .9 Jan 13 37% Feb 14 19 15% July 13 4% Jan 3 '19 V# Mar 24 12 13 Jan 28 July 13 60% Jan 13 '102 Mar 17 19 14% Dec % May 24 32% May 29 9 7- 41 10 Jan 4 6% May 24 38% Jan 25 139 Jan 25 13% Jan 23 Dec 5 28 % Ja£n 7% NOV 24 150 2 39% May 24 112V» Mar 15 32% Nov 24 39 y2 Dec 04% Jan 32 2 11 17% Apr 4 11% May 24 47% Nov 20 '103 5 Apr Jan 90 5% Jan 30 11% Feb 3 *14% Jan 28 30 6% Jun Jan 9% May 23 Jan 2 Feb 19% May 100 Apr 22% Feb 17 16% Jan 9 >4% 'Jan 4 49% Feb 2 118% Jan 5 34% May 8% Feb 58 9 5r 30 Apr 206 Apr 30 11% Jan 29 36 45 Jan > 4 *36 108% Jun 2 Dec 30 30 28 53% Dec 30 24% Dec 34% Apr 59 16 May 30% Feb 8 & Apr 9V2 May 9 42 Feb 17 10% Jan 2 21 % May 4 f 3 20 33 % Mar 2 t 155 Mar 13 107 31 Apr 93% Jan 107%'Nov 27 105 f May 12. 1 -15% Jan 11 May Feb 23 12% Apr 1 2 20 V2 May 39% NOV 24 34 99% Dec 28 96 Apr 13 55 Nov 20 41 Apr 4 23% Oct 9 Vs May 24 19% May 23 r . 9 „ __ 22% Jan 12 10 30% Feb 5 128 Jan 26 240 Dec 8 205 98 Jan 24 140 Oct 3 122 Oct 96 4 85 Apr 12% Jan 6 13 1 1 6 101 Vs Sep 21 105% Feb 20 112% Sep 18 Jun 30 33% Dec 27 20% May 24 20 96 Oct 115 NOV 5 92 Mar Jan 3 50 Dec 60 Jan 3 145 May 24 Mar 28 *89 % ♦105% Manufacturing Co 1 74 Stores 2 10 3 Mar 14 15 Mar 33% Dec 30 Scranton 14 61 8 16 87 'May 16% 16% 500 *8% 9% CLOSED Feb -6% 19% Mar 19 91 Air'Line ♦8% MEMORIAL 9% 26 - DAY 24 NOV 15 *25% *10% 19% ♦57% "19% 10% 60 *57% 493% 3% , 13 11 Dec Feb 14 18% Feb 8 23 51 29 35 29% Mar 21 34% Dec 75 Dec 17 30 -3% 25 Apr 25 Jan 2 Mar 15 2 29 V4 Jan 4 41V* Jan 8 X34% Jan 11 75 Mar 14 3 33% Oct 18 31 Jan 28% July 13 17% July 13 36% May 29, 32V4 Mar 28 25 19% ApY 76 Dec 28 88 88 Aug 3 102 14% Jan 4 Mar Feb 12 16% May 11% Jan 8 90 Oil 9 3 50% May : - ♦9% 33/4 9% *3% 10 9% 3% 9% 40% 41% .. 9 12% Feb 19 30, May 7 58% May 31 17% Mar 19 11% Jan • 17 6 Jan 8 35 Feb 17 ' 53% Feb 5 40% May 9 91% Apr 30 38% Feb 16 39% May 23% Feb 113% 113% 113% 114 % 200 31% 31% -31% 31% 31% 6% 6% '6% 6% 6% 6% 49% 180 4,400 7,100 3,400 181% 48% 49 *174 179 48% 178 *9% 33 *43 45 91 ^ PI 9% 32% 32% 45 •43 25% Mar 15 111% Apr 2 4% Apr 24 30 28 53% Apr 14 7% May 28 49 Apr 26 55% Dec 30 45 Feb May Steel *43 '/ 30% 52% 90% 105% 105% 31 f 31 53 26 -7 '26 9% 31 53 , 53% 52% *25% 26 Simonds Sinclair 26 11 53% Jun 29 '•?* . 37% 37% 38 20 Vs 20 Vs 20% '32% 37 20 -32% *32% 53 % 10% July 12 14%-Oct Apr 11 67% Dec 21 70 Dec 19% 22 10% 22 53 *10% 22 - •: 98% 98V2 43 '20% 20 % - 25% 25% ,• *60 V2 61 % 34% 34% e^' 34% . ? 99 Va 99 .42% 3 20% *20% 20% 25 V2 26y# X25% 257/a 61 % 61% X60 60 *289 300 *275 300 300 148 *135 148 *135 May 12 13 13 13 ♦91* 92lA *91 92V4 18% i87/s 18% 35% 357/s 357/s *47V2 48V2 48V* - 13% *90 l 18ys 251 36% & *92 *106 92% 107% 34 34 * *87V4 113V2 48% 14 * ' •■*81% isv2 *79 - 107V2 34 *113% *87V4 14 ^ 33% *87% 148 ' '*84% / 54% 82% 87 ** f f *85 87 " 56 18% 18% 3.555 36% 36% 10,100 50 48 48% *92 121 f136 July 13 July 13 92% 92% 1071/2 34% 341/4 34% *87% 89 116 , ■ Mar 22 .Mar 22 For footnote, see page 24. *87% 10 1,200 89 113% r "20 i 113% 14 Va ; *85 v.: *81V2 82% 82% 14% 18% -18% 18% 78% X78% 15% 16% 137/8 137/3 gi/2 9% 53 *15% 52% 15% 16% 10% I4y8 14% 14% 9% 9% '9% Nopar . " .-♦89 91 -*89 91 *89 f. -. 14% 31% 49% • 31% 42% *42% *9% *27 • *55 16% 9V2 * 37/# 31% . No par . No par *41 Nopar 25 <■'" 36% s 44 *104% 106 9% 10 - 55% , 9% , per share Feb STOCK Carolina E'& O Co com.4.50 7% *49%, __50 —— 4% South Porto Rico Sugar c6m.N0 8% preferred Southern California Edison 63 *42 32% 11V# *20V2 par —25 .a.25 Co '(The)—— -5 South Indiana Oas & Elec—Nopar 5% May 10 7% Jan 29 5 8% Jan 17 May 24 30 29 Vs May 24 10% May 24 *76% May 29 '19% Jah 2 36% Jan 26 101 % Apr 17 22% Jan 87 2 May 22 8% May 24 65 Apr 2 138 % Mar 29 157 % Mar 29 82 105 * Apr 25 Mar 5 - 29% Feb 13 34% Jan 5 14% Feb 9 81 91 Feb 22% Feb 27 56% May 1 109 % Jan 30 26% Feb 8 96 Mar 1 5% Gas 42 V4 7.50 Co Co.——..-Nopar * Railway common Nopar preferred 100 non-cum Mobile & Ohio stk Spalding*(A G) & Bros Sparks Withlngton - Co !Spear■<& Co common — Inc 1" No par —1 "$5.50 preferred ——No par Spencer Chemical Co4.60% pfd-100 Spencer Kellogg & Sons 1 Sperry Corp (The) : 1 Spiegel Inc common. ....2 Conv^$4.50 prtferredJ Nopar Square D Co L_ ..5 iSquibb »(E. R) *$c-£ons dotamonj.—1 $4 preferred No par Standard Brands Inc com Nopar $3.50 preferred — Nopar — 13% Mar 26 -•' Standard Coil products Co Inc——1 13% Feb 1 78% Feb 1 180 Feb 8; 172 Feb 8 Stand Gas & Elec Co $4 preference . - $6 prior •$7 pTh»r com—No par —No par preferred— preferred., ;.*70 ctfs.—100 tr No,par 2 Nopar 63 V8 49% *64% - 104% 28 58% 58% 15 Va 15% 9% 57% 15 V4 i , 151/4' 9% DAY 9% 4% 9% 4 MEMORIAL 58% •15% 57% 15% • 9% : • 4% 4% 31% 49%' 47% 48% 37% 38 82 82 34% 34% 34% 36% 36% 36% 1,700 19% 19% 800 49% 49% 37% 37% 37% 79 % 80 80 82 82 821/2 34 *34 *34 34% 37/ 19% 19% ••321/4 ' 7 36% v * 20 *19% ■ ■ '< ■■ ' :4% . ... 4% 8 7% 52 *49% *122V2 4% 8 / 4% 87 22% - 22% 123% - 8 ; J 22% 291/a 29-% *124 4% 4% V 8% 8 8 •49% 521/4 63% *63% *42 43V2 300 30 - 760 ; 32f500 127 4% 63% 1,000 ' 87 4% 51% 600 : '* 63 1,900 74 22% 123% 2,200 25,000 8 4% *49% 51V2 *721% *83 . 29% -29% .. 126 7% 7-'". -r' 74 *83 28% T29% 28% 125' • '♦721/2 / 1,600 ' 4% 49% 36 V2 9% 900 31% >■ 37% *, 100 11,800 _ 38% 4% 32 48% , 1,000 10 28 36% 28% 210 ,10% 104 7/8 28 32 *121 4,200 •; 10 31% 21% 5,000 . ♦27 9% .21% 4,600 44 X10 4% 19% Shares 43 CLOSED 31% *83 87 31 % 21 % 28% 287/a *121 124 ' - EXCHANGE 22 South Ainer Gold -ft Platihum—.1 43% 421/4 ; 10% 56% i Safes for 31% 28% 22 .* 31 105 V2 *104% . 74 9 800 the Week >32% ...48% 48 < June 1 S'ver share 43% -443/4 43% <44% 87 Southern 8,200 " 1 Friday ; 31% 31% 91 share ver 32 44% ♦83 30 3,900 ( . - 105% **72 9 1,700 9% *89 91 , Thursday May 31 4 43% 87 18 ' 14% 9%- 10 15% 9% 43 74 3 ' *27 57 4 4 •$ share 32 105 . 10 15 Vs 55% 15% '/■ 28% *27 29 per '43% .43% 42% 42% May 30 31% 32% 43 ,■ *104% 106 • $ $ per share 31% Wednesday *83 .preferred 14% 9% '*89 May 29 May 28 9 per share —1 —.—No par - *72% 5% 16% SALE PRICES HIGH 72V2 ' 53V8 16% 14% *9% Tuesday Monday Saturday ; May 26 . , preferred .100 preferred xl00 Smith & rCorona Typewriters.No par Socony Vacuum Oil Co-Inc 15 Solvay American Corp 4% pfd—100 South 400 16 52% " 91 LOW AND 72% 4 2,100 si,400 78% * 4.20 % ■ ;."*45% : 17;, '*16% e 19 781/2 52% .■531/4 • 14% 9V2 / ; 1 , 200 83% *82 ' 2,500 56 *18% J 15%" 15% 53% 16% 16% 80 900 87 55% 18% 80 . 15% ' 83% 18% 79 53% *15% *85 56% 83% / 18% 78% ' 87: 56 82% 18% 53 14% ;. 14% 80• 15% 3%% 5 16% Feb 27 IOV2 May 24 160 500 92% *106% "*113% ' 87 19% 2 „ 174 < 107% 34% ' 55% ■■■" 19% 13% Jan 18 8 92% 18% 37% *106% 55% 19% 4 3 77% Mar 27 ir'. 1 27,100 • 14. 14 ,.20 Jan 2 10% Dec *90 92% *48% *113% -116 Alexander Inc Southern Jan . 40 13% 13% 18% • 89 89 116% Smith 75% Feb 10 75 Vs Mar 9: Jah 4% July 13 47% Jan 3 800 ' 5 64 25% Jan 24% Oct 23 9,800 ; 310 *135 13% *90- 107% 34 67 May 24 64% May 22 *77 96% May 24 600 60 36% 34 -14 14 543/3 52% Pacific 4.00 210 July 13 89% Jan 31 591/2 : 80% *300 92% " *106% 35% '36 49 28 30 24% ■ 370 3,100 20% 251/4 , 148 1 48% 341/2 / 89 »16% Corp— Natural 17 Nov 2OV2 ' 25% : 13% vK'-r ' 19 *92 92% *92 *106Vs 113% ..1 Steel Southern Oct 113 6,900 " ' J__l Corp.. Co Southern 101% Nov 15 3 00 43% 310 1 ..5 — Apr 16 ' 74% Feb 5 6 Mar 700 i 99% *135 37 % 35% 21% Feb 24 15 40 1,900 • v • 35 1 *295 1 92' 18% 36 V2 48V» ' 34 47 7% Oct ' Sep 25 21% Dec 11 34% 431/2 20% 60% - 13% V *33% 2 10% Feb 85 llVa 9,400 ; ,i •' 13% *80% 2 Maiy 24 5 13% Dec 28 53% *99 43% 20% 148 " *35% 35% Jan 13 33% Dec Jan 12 % Jan x61% 26 Dec 22% 53Va 99% - 43% : 300 *130 —10 5 35% Mar 3 4 22% . 34%" 99% . 431/2 ' > 1.20 52% Jan 45 Jan 5 81 . lu% ,34% ■/ 19% *10'/a. 53% % 500 * - 104. 19 ' ,22%-,,. 53 xu *100 . 19% "22 % ' 53,%*- .53.% y. ii v u .. 11 104..:, Xl9% 20% 3,500 : 2,300 128 % r > ' , 33 . *128 , 2,200 20% V 33 130/ *100 »-e. 20 ' 22 53 22 57 • 13a .J 100 6,900 38 % 19% . 5,000 26 ;9% " 38 ' 60 1,100 53% *25% 9% 20% : 20% 32% *32% • '104 s: ♦101 . 19% 38% 100 31% 52% ' 9%.-. 38 V r 127% .127% • 105 ;. *102 19% 4 126 34% —5 Corp.- Saw Oil Oil Skelly 8 64% Feb 4% Jan 26 I 26% : ' 91 107. 31%' .543/8 9% *•' 32% 'i';' (A O) 19% Jan 67% Dec 27 1 45 , *106 31%; •25% f ■ , 49% Smith 9% Jan 11 51% Dec 27 58% Jun 28 5 300 10,000 *89 % .106% **30% •- 9% Sloss-Sheffield Steel & Iron 18 * 32%'Apr 12 23% May 25 32% Feb 66% Aug 15 Vs July 60 9% 323/4 *43 (r 91 **106 ' 9% 126 Nopar Co Simmons Co ' 5% Jan 42 12 13%'Mar 16 40 29% July 26 106% Jan 25 49% 181 * 32% .45 **89 V4 '♦89% ♦105,% 106% 42% Sharp Si pohmfe common—No par «$4.95 cum preferred .....No par Shattuck (Frank G) •. Nopar Sheaffer (W A) Pen Co. .1 Shell Oil Corp i 15 Sheller Mfg Corp.—i il Sheraton Corp of America. ^1 Silver King Coalition Mines i.5 - 31% Mp,y 14 130 53% Jan 17 l 36% Jun 30 Va July 12 49 Jun 27 8% Mar 30 *9 ' 33 *49% 52% 63% 63% 100 2,400 6,200 '' , 3 493/4 178 % 9Vs 16,200 ' *113' 50 f 9% 32% 9% 8 : Apr 19 118 V2 May 24 25% Jan 1,000 30% 36% 81 % 25 % Jan 6,900 , ; 113% 91 106% 30 < 105 10 % .1 Shamrock Oil dt Oas__... Sharon 9 •' Jan 108 May 24 29 3 100 6% 130 19% Par 9 49% May 21 20 11 25 35% Feb Feb 14 26 6,300 30% 48 ♦51% 100 NEW YORK STOCK ; EXCHANGE v * 94 Jan 28 12% *9% *172 •21% Del..—Nopar $4.50 preferred 80% Feb 23 Feb 5% Dec series'A Co of Roebuck Sears May 25 May 23 3% Jun Jan 2,800 12y« 31,100 • 6% 32% 54% Servel Inc common... 85 16 20% Jun 19% 41% 20 Vs *84V2 4 72% May 26 106 60 19% 41% 36% 100 4 23 22% May 26 25% Nov 24 99% Dec 19% 94 19%. 12% . 18% 94 41% 9% com_No par Co $ per share 30 Jan < —5 com Seeger Refrigerator Co— Beiberling Rubber Co Highest 9% May 24 3% May 24 42% Nov 10 21% Feb Jan 12% Jan 26 4% Dec 24% July 12 Apr 60 19% 12% 3% 300 95 19% 19% 12 % 100 26 10% 40% 48 32% 400 -100 Seagrave Corp 58 8 9% May 19 10 6% Jan Oct (The) RR preferred 22% Jan 101 3 10% July 12 18% Dec 18 100 32% 26 10% 95 ♦57% 9% *25% 10% 60 3% 34% Seaboard Finance Co. Seaboard 37 23 39% Sep 28 6 31% Dec 700 1,200 40 30% 20 25 preferred i. 3.35% Seabd Elec Co 12 30% May 24 32% Jan 2 3 14% Oct 3 500 *38 ' 100 4.30% preferred 2 89% Feb Range Since Jan. 1 34% Oct vtc Mfg Co common. 3.65% preferred 7 Lowest 56 Vb Oct 22 400 18% 12% 98% 41% 20 % Scovill 12 $ per share 14 50% Dec 16 18 % . 34% 8 Feb Apr 2 9% May 24 87% Jan 8 share 25 36% Jan *15% 12 98% 41% Jan Jan 12 Highest 11% Dec 7% July 25 32% 15% 18% 19% —8 STOCKS 34% Jan 20% Jan 33% *10% - 400 — 38 Jan Year 1950 52% July 13 *32% 19% 3% 6% •36% non-cum Range for Previous 46% Aug 28 108% Apr 6 18% Oct 2 52% *♦102 common series A 5f* 15 May 15 51% Jan 25 14% May 31 98% May 17 15 39 40% ) 41% *113% 115« • 9% __5 preferred 16 Vs Jan 13% Nov 30 $ per - *25% J100 3 95 80% Mar 26 24 6 > •195 26 123 78% Jan 25 3 30 ..20 Jan 2 17% Jan 5% Jan 2% Mar 31 *38 19% 95 19 Vs 45 *43 10 107 19 17 Jan 47% Jan 2 8% Nov 7 27 • May 20 8% July 12 36% 26% 19% 32% ,100 Feb Feb 16 13% Jan May 11 Nov 15% Jan 36% 27 ♦92% 32% 100 102 96 52% Apr Mar 30 87% Apr 17% Dec 27 14 36% 27 19% *90 *9% series 5% 9 21% Feb 20 105% Feb 36% 95 '* 18% : 0% series St Louis Southwestern Ry 31 83% Nov 20 82 55 27 36% 26% *8% 60 » *57% 18% 32% Co—.100 preferred— 100 —5 100 Savage Arms Corp.. 5 Schenley Industries Inc 1.40 Scott Paper Co common..:—Nopar $3.40 preferred .Nopar ,*$4 preferred Nopar 41% Jan 112 2 10% Jan 31 July 25 *36% 10% 9% St Regis Paper Co common 1st pfd *4.40% series Ai 9 21% Jan 33 22 40 28% Sep 50% *25% 26 *10% 177 ♦171 3.60% Preferred . May 11 May 18 14% May 5 41 Mar 27 20 320 10 91% M ay 21 102% Apr 24 24 16 5 11 18% Apr 17 7 16% Jan 33 50% ' 33% Apr 25 47% Nov 25 9 Apr 90 39% Dec Feb Jan Apr 11% Jan 12% Dec 29 28% Sep 38% Aug 27 6% 48 ' St Joseph Lead Co 10 St Joseph Light Si Power Co_No par St L San F Ry Co com vtc—Nopar 2 71% Feb 24% Jun 51 8% ♦25% 10 % 60 30 30 4.50% 4% 6 59 Vs May 24 Lowest 17 *92 Ronson. Art Metal Works Inc 1 Royal Typewriter ——1 Ruberold Co (The)— _—No par 9 Feb 22 f per share 3,700 50% ' 101% Jan 51 29 Mar 22 62% Dec 21 29 17 8% Rohm & Haas Co common 4% preferred series 'A. < 24% Dec 21 Dec 17 *16% 8% 26 Controls il Rochester Gas its El Corp No par t 19% May 18 27 88 xl6% 16% *8% *25% *10% *57% 18% Robertshaw-Fulton 5 30 July 17 14% July 28 17 16% .No par Richfield Oil Corp— Ritter Company —No par Roan Antelope Copper Mines Robbins Mills Inc.... J 20 .' 24 2 4 9% Jun 42% Jun 16% July 26 25 18% Preferred Rheem v 10 > Safeway 47% Jan 15% EXCHANGE Preferred ; 108% Mar 19 39 Vs Mar 12% July 12 STOCK 19 Shares 50% ' • Ruppert (Jacob) Jan 16 *18% .■ Common t Jan 35 22 19% Feb 2 23 7% Apr 23 I 3il% Dec 27 107 19 50 Vs Apr 11 8% Nov 14 36 Dec 30 23% Jun Jan 98% Jan 60 94% Jan 33% *15 18% 19V. the Week ' r89% Apr 20 105 Apr 26 99% Mar 31 12% Feb 21 104 *31% 15 Vs 18% 15% 115 3 28 33V2 15 Vs 32 *18% ♦113 % 3 94 ♦31% 1 ♦31% 41 8% Jan 7% July 13 ay 40% 47% JAn 7 *31V2 Sales for June 1 '$ per share 48% 9% 20% Jan 18% Dec 39 9% Feb 28 Mar 24 ♦37% 11% May 11 34 39 11% 3% 23 26% July 12 99% Dec 22 26% 11% 3% 9% 61 July 13 36 % 27 1 50c 10 July 13 8 36% 19 Vs 43% July 28 18 4 pershare 26% 1 ■>'< Mar 31 Friday May 31 4 per share 36% 27 Republic Steel Corp com No par ■6% conv prior pfd aeries A—100 Revere Copper & Brass oom.No par Rexall 'Drug Inc 2.50 Reynolds Metals Co eom. No par 5%% convertible preferred >100 Reynolds Spring Co.. 1 Reynolds (R 'jy Tob class B .10 10% Feb 13 Thursday May 30 $ per share share 47% \ 48% *15Vs Republic Aviation Corp Republic'Pictures common $1 convertible preferred i Wednesday *36% 27 div Reo Motors Inc PRICES SALE May 29 47% 50c & 4Co^— HIGH Tuesday 47% prior preference.—10 Reliable Stores Corp No par Reliance Mfg Co common 5 Conv pfd 3%% series 100 Remington-Rand common 50c *$4.60 preferred 25o 13% Feb f per No par Inc Bros (Robt) $1.2y 28% Mar 64 May 28 $ per share ftayonler Inc common 1 '$2 preferred -25 Reading Co common 1 i-60 <4% non-cum 1st preferred—50 *4% non-cum 2nd preferred—50 Real-Silk Hosiery Mills— —5 *24% Jan Monday May 26 EXCHANGE Highest • , 1,500 63 63 43 42% 42% 43 42 42 32% 32% 11 33 32% 33 32% 33% 22% 32% 6,400 11 11% 11% 11%; 11 11% 23,900 *20% 11% 2iy4 20% 427/8 43% X42% 63 * HVs 21 42% 63'/2 50% 64% 72% *15* 15% '57/8 6% *5V8 5% *80 83 . *26% 26% *102% 103 y4 29% 29% 11 % 11 % '*77% 78% 21% 21% 1 51% 52 *101 % 103 22% 22% *87% 88% •/ 11% 12 9 V# 9V4 ' 69V2 70 . 141V2 141% :*162% 164 . 63 V2. 64% 50% 5lV2 65 65 *70 72% .14% 15: . 6V4 6% . *5Va 5% *80 83 26% 27 *102% 103% 29% 29% 11% 11% 77V4 '77% 21% 21% 50 V2 50% 103 103 22% 23 *87% 88% 12 12 V8 9% 9V4 70 70V2 *141 143 163 163 f 64 ♦42 21 20% - 21% 42% 43% 43% 43% 3.900 64% 64% 65% 64%: 64% 15,100 52 51% 52 66 72% •70 15% 15 6 "*5% •81 - 15 ♦82 ,26% 52% 8,100 65% 1,000 ' 72% *70 14% • 14% 6 5% 6 5% ► *5% 83 51% 5% 5% 83 ♦82 26% 600 65% 66% :72% 5% 8 -6% > 52% ♦65% •15 *21 43% • 65 *70 - 21 300 500 3,000 300 83 26% 26 V2 *102% 103% *102% 103 % 200 x29V4 103 »/4 30 29% 30% 29% 29% xll% x76% 11% 76% 11% 11% 11% 11% 3,100 4,500 27 *102% 22 50% 27 . *•76 22 22 50% 50 V2 *101% ♦101% 103 22% 23 23 871/z 87% X87% 12 12 12% 9% 9% 8% 69% 70 V8 69% ♦141 144 163% 163% •141 - 77 , -•76 800 77 320 22% 21% 22 3,700 51% 50% 50% 1,600 101% 102 V2 150 23% 23% 4,500 88%. 88% - . 103 23% 87% 12 12%-- 9%, 70 143 162% 162%' - • 12% -8% 69% *140 .161 ■9- 69% 180 - 4,500 12,900 6,500 143% . : 161 200 . 600 Vrt#V>1fVUw«4444M<WMtl 1 .Volume 173 Number 5017 . . . The Commercial and Financial Chronicle 2$ (2307) 1 NEW YORK STOCK RECORD Range for Previous ■*'■•' Year1950 Range Since Jan. 1 NEW YORK LOW STOCK Saturday May 26 A Highest I per share Lowest $ per share Highest - $ per share EXCHANGE * - "HIGH Tuesday AND Monday " , Lowest t STOCKS ' May 28 SALE $ per share par <■. I per share $ per share ' t $ per share' 44 14 66 .Jan 25 92 25% Jan 4 35 100 Dec 60% Dec . 18 104 18 % July 13 26 Jan 48 1 Feb 21 30% Apr 27 12 Jan 14 24 101 X122 Sterling Drug Inc Bros Stores « 493% Jan May 26 11 17 3%% preferred Stevens <J; P) - Stewart^Whrner Corp 183/4 Mar 25% Apr 2 — 7 May 3 Studebaker ,Corp Sunbeam Corp 10 3/4 Apr 3 12% May 2 Sun' Chemical 96 Apr 4 99 7 67% Jan 4 84 42 Jan .10 58 : Feb $4.50 A 25 Sun .Oil Apr 30 24% Oct 25- 20% Dec 119% Jan 213/s Feb 19 243/a Jan 29 29% "Jan' 17 3 6 3/4 Feb 19 117" Class A 5 4%% 19 conv 19 21% Jan 8 •263/aFeb 633/4 Apr 11 56 Jan 10 63% Apr 16 Sunshine 10% Apr 4 15 18 370 Nov 14 17% Dec 30 355 Mar 14 ' 9% Mar 30 35 103 116 33% Jun -Jan i ' / 430 May 24'/4 Feb 9 5 9 Sutherland * —1 6,700 293/a 51% 29 7a 297a 28% 52 297a 52 14,600 527a 52 % 52% 52% 54 54 11% 11% 113/8 11% 113/8 113/a 11'A 993/8 - *98 74% 119 *117% 18% 25 *380 50 11% 99 3/s 19 *98 75 75 119% *117 7a 11% 75 22% 227a 227a 400 23% Jan 2 30 Mar 5 86 Jan 2 95% Mar 1 Sylvania Elec Prod Inc com__No par * $4 preferred _J; pNo par 1,000 900 32% 32% 337a 33 74 23% *23 7a 24% *23% 24 74 6174 6174 613A *61 613/4 1,900 11 10% 11' 11 4,500 *385 11% 400f X10% 398 398 *395 » • is y8 18 3A 19 51 50 3/4 50 3/4 11V4 11% 10% *395 410 19 7s 19% 400 404 100 19 2,100 51% *18 3/4 1,000 4 r 52 51% 51 ' 130 10 ! 11 • 11 11 33% 33 % 33% 28% 28% 28% 89% 88 88 16% *88 » ' 8% -' 22% , 61 ,*14 X33 7e 16% *13% 28 3/e 9Va *11% 12 34% *14 7a 8%""" 8% 3% 89 " 28% 89 8%- 83A 28 *88 283A 7,700 89' ' 8 3A 8% 4,200 . 167a 28% 29 89 83/4 • 700 11% 34" 167a *14 16% 11% 34% 34 Ve 34 88% * 1 *2274 23% *13% 28 % ; 10 22% 33% , 18,200 327a 18% 11 " 227a 197a 60 %r '33% • 1,100 11974 1974 24% 51 130 ; 75 *11772 19% 32% 51% 25 *74 7a 11974 74 32% 18% (The)—4.16% Co of America Swift & Co' i. Swift International Ltd 19 500 1,300 99 3/a * *23% 51% 4 ' *98 75 *117 7a 19 74 ♦17%. 99 3/8 75 19 *18%, 100 *98 11974 19% *22% . 993/8 16 3A 18% 460 8% 2,200 . 11% July 11 Jan 7% Apr 25 82% Dec 24% 63% July 13 20% Feb 16 12% Jan '2'J 29 Jan" 13 ' 15% ' 18 25% Dec 3 59% Jan Nov1 17 15 4% Nov 30 17 25 Jan 21 23 Talcott Inc 2 Tennessee 2 1 Texas Co 50% May 4 23 V* Jan 29% Apr 28 2 81% Jan ' 2 97% Nov 25 903/4 Mar 15 39% Nov 24 34% Mar 7 105 Jan 89 % Sep 22 80 Jan 10 103 44 Feb 14 85 Nov 17 76% Jan 10 Jun 30 19% Dec~27 Corp 9 Texas Pacific Apr 27 share Land 10 30; certificates 1 100 27% Feb 26 Texas 23% Mar 7 Textron Infc 7 l" $1.25 conv preferred--!—No par 18% May 25 . 7% Jan 3 14 Apr 1 30'% Jan 3 43 Apr 1 12% July I 5% Jan 3 j 133/4 Sep 18 ; 133/4 Jan 3 i 9% Oct 20 5 8% Jan 36% Jan 4 13% Jan 5i 17 V2 .Jan 3 5% July 13 32 Dec 8 : 37 42 % Oct' 20 2% Nov 18 25 42% Dec i 4, 10i 40 . 30 8 3/4 Oct ©4% Jan 5% Dec 28% Nov „ < 113/8 Feb - 103 . Nov 24 7 18 , 5.% Feb 6 95 , Co 14% Jan 31 Thatcher Glass Mfg Co common 31 $2.40 conv The Fair i 8 2 ■ 18 % Jan 10% Apr 27 ;Mar.l3 9 Apr. 4 Feb 1 4 28 Apr 2.3/4 May 3 ■ 45% Apr 5 6% Jan 2 4% 4% Jan preferred- Nov 6 42% Feb 6 ; 27. May 24 353/a Feb Jan 3 < 38% Dec 28 1 31% Mar 29 38% Jan Tide 13%. Jun 27 t 20% Nov 24 19% Jan: 2 25% Mar Timken-Detroit 43 Ve Jan 4 49% Jan 30 x93/4 Jan 4 10% Jan 33% July 14 443/4 Nov 15 (9% Dec 10 30 181 Dec * $3.50 : 9 99 • 9774 99 367a- 373/a 3774 37% 88% 91 90 9174 9172 93 93% ;96% V. ;. 300 43/4 43/4 600 353/4 36% 2,000 917a 92 46 46 3/8 9,900 3,600 25 2574 4,000 5,100 - 923/4 preference Oil Axle_ !' 96 3/4 973/4: 36% 377a 4,800 *91% . 923/4 2,600 19 5/8 *37 3874 *37 38 74 37 15% *15% 15% *157e 157a *15 10 ,10 1074 15 % 30 3A ' * 7% ■»* 19% 1274. 10 44% *43 7a 600 7a 157a 157s 157s 10% 107s 10% *437a 447a 44% *433/8 , 30 100 4,600 443/8 *474 4% *474 3074 313/a 297a 3074 7% 7% 7% 7% 75/8 170 > 4% 31% 75/8 8 43/4- 38 38 3A X38% 38% 383/4 39% *97 98% *96 987a *967a 987a 2% 3 3 34% 343A 28 *27% ' 23A 23/4' . *27% 2,900 98%. 23/4 f1 3,50# 2% 28% *27 34% 35% 35 35% 3,600 223/a- 223/4 23 22 223/4 3,100 47 473/a 473/a 47% •" 2,900 10 107a 10 10 7a 7,200 22% 22% 23 , 46 3A ' 46% 47 473/8 477a 473A 10 10% 10 10% 10 10% X22 *967a 23/4 23/4 300 39% .. 100 *277a 22% 34% 39 " 20,100 34%- 28% ! 5 400 12% *4% *7Va 98% 6,500 . 3874 303/4 34% —No par > *377b 47a 34% 5 *1274 , 373/4 107s 1074 ^ : 12% 1,200 6,300 *;•• 193/4 193/4 19% 197a *12 74 193/B 31% ■' 28% V? *27 197a 127a 12% 26 3/8 *4'A 38 3 par 19% 95 19 74 " 44% 8 » % 94 253/4 < x303A 31% 38 (The)— 26 3/8 1974 *423A : •44% 41/4 4% 10 Bearing 26 19%- 4 957a 26 193/a *19'% *97 — 957a 257a 197a xl2 9% No par •. _. 96 25 3A 19% 12% 5 com 94%' X25% 19% 19% 100 Water Associated Timken Roller 97%- 36% - 38% 15 t Toledo Edison Co I 97% 36 ■ 12% 1 Thompson-Starrett Co com—No 25 22 96 ' : • 9l3/4 *37% No par Thompson (J R) Thompson Products Inc - 257/8 47/8 35% *43/4 35 137s 13 - 4678 25% • * / $2.50 convertible preferred 50 JThird Avenue Transit Corp_No par Steel Co (The) 1 Jan 46 2574 4%, 34% 25% v *183A 5 —No par Thomas 41% Jan 103 preference Thermoid Co common—- 31% May 25 11% Mar 7 453A 24% 92 19 50c —a. 403/4 Jan 5 917a 45 25 - 87% 25% No par common 27 33% Apr j 24 Pacific Ry Co Utilities May 31 4Va May , 233/a Mar Texas & 90 45 243A 36 92 103% Mar 10 10 90 y4 447b ' 96 -* 87 25 Jan 13% 89% 25 36 *13 137b 4% .343/4 44V8 96 • *13 4% 343A 89 % 25 ! 13% 4% 343/4 Trust— 18 21% Dec 26 89 - *13 35% *443A: i—-No pas 25 y« Mar 14 - Jun ■I l 10 L 13'A s 43/4 43A *34%' 25 Co_i Coal & Oil Pacific Sub L s— Producing Sulphur*— Texas Gulf 30 : V 5 issued"; —i—i Gulf *13 . _5 . : - "When : Texas 443% Jan 16 July 17 (James) Telautograph Corp 36% May 100% May 44% May 25 30 ociTn Feb 6% Jan 14 25" 4% May 1 Texas 53 v 2,600 17 '!■ • t' '• 14 16% 29 lO'/s Byviington Gould Corp 2,000 293/a 11% 8 3 2,500 17% 28 3A 11% 16 % May 10% May 4374 177a 29 603/4 133/4 Jan 1 8% Mar 28 43 17% 187a 60% 40 . 42% 177a 23 3/a 24 88% May 31 10% Oct 25 3 20 42 74 J- 23 60% 26% Apr' 18 . 95 233/8 .75 com—'— ___10 Sweets *93 95 3,200> 237a *23% 2 18 400 143/4 393/8 17 22% 10'%'May 16 Jan *93 147a 39 *18 18 3A 32% May 11 ' 16% 95 200 407a 407a 143/a 3974 39 16% 323/4 ' 4 *133/4 237» *'22%- — 41 DAY 100 18% *32% Paper Co preferred 4% % 9 200 16% 119 13V4Jan 5 533A *17 7a *73% 6 Apr 533A '51%.. 5 .114 2,000' 54% X23 25 Superior Oil of California Superior Steel Cdrp ; 553/4 May 138% May 22% 18 % *98 Apr 40% Oct 4- 5% Jan - 8 997a 22 3A 24 *11% 6 3 18% July 13 79 2 *98 7a 22% : 28%-. Oct 13 ; • 20 1 "9% Jan 1772 Jan 43% Jan - ,CLOSED 23% 1950—20 ser .7,100 99% 22 74 *40 7a EXCHANGE *17% 25 Inc 353A 18% 12.50 pfd 357a < 23% 10c 2nd Biscuits 35% • '23% ..*17%, 15% Mar July 13 9%'July 11 V ■' 453/4 Aug 23 July 17 19 Jan 15,400 24,700 177a 1 Sunshine Mining Co 11% May 11 STOCK i 42 1774 *93 . ' preferred series A c6nv pfd" series B— 22% Dec July 13 413% 17% 167/s 1 14% July 12 '8% July 12 195 Jan 3 42% 17% 100 49 *93 17 No par 4%% 4%% 95 6574 114% 112 3974 17% preferred 1 39 16% No par 5% % ' V 39 6474 112% *98 7a MEMORIAL 143/8 38% 17 % Sunray Oil, Corp'common 4 18 19 Mar 28 17 % 'Jan, 10 22% May 24 9 19 30 393/4 *133/4 *133/4 41% comomh ' Jan 17% Dec 16% Jan 393A 14% *39% 14% 38% 94 1 Co .common—J 393/4 40 21,600 6574 114V4 35% 54 40% preferred—..No par ' 22 3A 54 94 20 * —— Coip series ; 227e 40%, par —. ^ 22 3A 54% 1 „—_ „ 14 35 V4 Mar 99% 22% *53% 54% 5 Stokley-Van Camp Inc common 1 5% prior;-preference—^ Stone & Webster J No 4 , *98% 98 Share9 46 *533/4 357a 99% * 453/b 467a 633A '35% 122% j, 109% % 53'% 38% 1093/4 * the Week $ per share 45% 633A Sales for Friday June 1 Sper share 457a 63 35% 98% *133/4 - 447a 63 1113/4 353A 353/4 *39%, 15 2 ' 18 10%'Jan 25' 4 100 — & Co Inc 8 108% 22% - 1 20% Feb *443A 98% 5 19% Feb < 2 17%'Jan 19% Jan 7 109: ' 2 27 >/4 May 24 24 Oct Inc__, common—— 613/4 353/4, 10 100 Steel Spring common___l convertible'preferred-'— 50 Starrett Co (The) L S_'__ No par 4 44 62 108 % 25 4%' Sterchi 104'/» Jan 44% 61%,, . Standard 3 40% May 16 V4 Mar 20 7 Apr 72% 10 ' * 28 Mar . common preferred series A 3 15% Feb 36 ye Jan 27 11% Nbv 1" Jan Jan 21 71 25 ' 48 ' 20% Sep 44% No par - 39% Apr 15% Jan 55% Feb 15 " 16 18 ,8% July 17 116 % Oct 44 y2 Feb 94" 38 Ve July 13 93%'Dec 28 23% Apr 36% Oct 33/4% . 13 10 ' Standard Oil of Ohio 18 56% Feb 213/8 Apr 16%'July 5' 16% July 13 25% July 17 4 373/4 Apr 29 Nov 121% May 4 39 Vb May 11 105% Mar 9 25 Vt Apr 24 ", • 4 Standard Oil of Indiana— Standard Oil of NeW Jersey. 52% Apr' 48% Dec 27 Standard Oil of California 9 21% Jan 39% Feb 3 ' 10% Jun Sep 3 98 % Apr 103% Nov - May x69% May 33% Mar. 15 28 Dec 50 2 ' 23 16 July 12 98 >: Oct Apr. 90% Jan ' Aug 17 40 12% July 14 54 30 30 54% Nov . 6 26% Mar - Dec Mar 13 59 30 Dec - Thursday May 31 i per share * 42 VbFeb PRICES Wednesday May 30 ,, May 29 ■ -1. 28 J •.1 Range for Previous Year 1950 'J Lowest $ per share $ per share * 147a July 13 >15% Jun 15 Mar 8 3/a 29 18 7s 5 18 4% Jan 3 Feb 23 2074 Jan 2 Transamerlca Corp May 24 27% Feb 2 Trans Nov 13 21 Jan 257a Feb 9 Transue & Williams Steel 12 13 74 Apr 30 10% Apr 36% Jan 21 2 Mar 26 106 Tri-Continental 18% 19 227a 22 22'/a *22% 233A *22% 11% No par 1 common 357a Feb 8 $1.50 preferred $4,50 prior preferred , —No par 8 No par Apr May 24 13% Jan 16 39 : 183A 21% 20th Century Fox Film com„No par 10 Apr 13 33 May 21 41 Jan 16 ( 97a Oct 2 12 Jan 26 Twin 8% Jan 27 6 102 Mar No par conv conv 113/4 11% 105% 105% 167a 15% 16 18% 18% 19 183/4 183A *35 V 35 35 *33 STOCK 103 113/4 EXCHANGE 16 xl83/4 3672 237a 115/8 12 33 14% 52 /4 93A *14% 5274 14% 52% ^13% 13 % 13 % 43% 43% 86% 577s *10772 108 *98 100 43 A 93/4 12,900 3,600 ll7/8 106 167s 19 18% 22,300 1063/4 16 19 106% x345/8 102% *345/8 345/s *99 7a MEMORIAL Sharet ■ 197a 16 1057a CLOSED the Week 215/a ', 227a *22 5/8 237a f ■' 100 1,390 2,200 I ,14,600 35 *99 7a 10072 100 % 10% *1072 10% *107a 11 *1072 *32 33 *323/8 33 *32 200 300 103/4 33' *10 3/8 —1 Co *35 367a *10072 333A 93A 50 *225/8 19 11% 1 prior preferred: Coach 113A 1053/4 153/4 105 *1007a 103 *10% 10% Twin City Rap Transit com__No par 23 16 16 Co— *22% 233A 113A 105 7a 105 5 preferred 5% * 18% 9 99 18 3/4 18% 22 7a 243/8 Feb 33% May 15 share Sales for " June 1 f $ per share 18% 18% May 23 5 per share < Friday : $ per share 21% 6 5 Thursday May 31 May 30 $ per 1872 Truax-Traer 13 PRICES Wednesday 22 3 Jan SALE 13% 9 Coal '""J $ $ per share 4 21% Apr $6 May 29 2 18% Feb Apr 137a Apr 1031 1 Corp Inc 25 15 HIGH Tuesday May 28 5 >"■ — Airlines World AND Monday S per share Par . 16% Jan 103 LOW Saturday May 26 21 2 * V - 27 257a Jan 29 12974'Jan ■ STOCK ll3/e Jun July 17 327a Jun YORK EXCHANGE 30 110% May 17 -17% Dec 29 3 98% Aug <8% Jan $ per share ; ; ■ 22 3 Jan ; 19% Dec 7 10 S per share STOCKS NEW Highest , 253/4 Dec • July 13 10474 Jan Range Since Jan. 1 Lowest Highest 33 9% 10 DAY 10% 10 10% 107a - 50 103/8 2,100 U 10 39% July 14 10% July 17 263A Jan 13 13% Jun 22 11072 Oct ©6 Jan Jan 24% May Jun Jan 10 1274 Jan 2 377a Jan 10 35 y8 Dec 2 105 27 Dec Feb 17 102 86% Mar21 96 100 May 48 3674 Apr 18 2472 July 17 Dec 18 11172 Sep 33 106 7% Mar 28 3274 July 12 23 2 3/a Jun 1 Mar 29 Apr 3 35 Jan 4 109 17% Jan 22 21 20 4472 Mar 13 Sep 28 267a Jan 18 4 July 12 ' Dec Jan 12 3% Jan 13 50 Mar 3 4372 May 22 58 July 17 16 Mar 29 25 July 18 5372 Oct 20 „ 2 —-LNo par 22 United Dye & Chemical Corp com-1 4772 May 31 88 Apr 21 243/4 Feb 7 54% Jan 9 73% Feb 13 7% 26% Jan 25 29% Apr 16 18 143% Apr 2 18% Feb 1 United Gas Improvement Co iUnited Merch & Mfrs Inc— 17% May 1 17% Jan 12 227a Feb 9 United Paramount Theatres 213/4 Feb 9 3 12 ; ; * Nov 24 38% Apr 2 100% Jan 2 21% Oct 24 135 189 " 4 Mar 11 Jun Mar 20 May 24 9 48% May 4 1063/4 Peb 28 24% Mar 5 104% Jan 4 124 Feb 1 13 2 17172 May 29 185 Jan 26 14% Dec 16 19 Jan 17 6472 Dec 29 lfc3/4 May 24 5872 May 19 70 Jan 59 May 11 25 38% Nov 22 37% Jan 10 22% Nov 25 IS3/, May 24 28% Jan 16 9 6872 Dec 29 60 8474 Jan 16 footnote, 2 May 24 Certificates of interest— U S & Foreign Securities $4.50 1st preferred U S Freight Co U S Gypsum Co common 7% preferred U S Hoffman Machinery com 1 No par 16% 1978 19 7e *18% 197a *187/b 42% 423,4 48% 66% 19% 20^ *48 13% 1 16% 667« - *28% , ; No par *104 No par *20 20 100 5 10572 217* *170* 174 - 172 „ 474% preferred U S Industrial Chemicals 100 5972 5972 No par 53 % 53 ya U S Leather Co common No par 207a 20% 137a *59% 54 20% 637a *63 Class A conv preferred No par 13% *61- ■at.-'.-';*" 13% *102 2 49 673/4 L9% 2874 16% 19 287416% 19% 197s ■ - 66 377s *102 7a 36% 102 3/4 10 1037a 37 9,000 103% 2,900 483/4 4974 49 74 *36% 3672 300 2974 293/4 9,500 10672 30 3/4 187a 28 1177a 30 3/4 110 18% 105 277s *115 317B *104V8 187a 37a 4574 43/8 1,100 100 105 273/4 11,400 200 117 31% 1,100 110 187a 600 5,000 547a 54 547a 31% 5472 *31 *31 31% 3% 4574 45 4% 3% 5,400 3% 280 45 43/n 4% 26,000 300 *10% 10 3/a 10V4 1074 *8174 82% *813/4 82% 60 193/4 193/4 19% 20 1,900 477a 48% 48 48 600 69 693/4 20 2074 193/4 20% 2874 287a 28% 283/4 2,600 1672 16% 167a 16% 11,200 19 197a 18% 19 10,200 68 3/4 . 69 3/8 19 19 44 44% 104 10474 217* 107 , 174 171% 171% 21% 87 30% *104 7o 19% 49 % 137a 61 55 22 66 140 100 *86 363/4 *104 68% 20 % 28 k 16% 19 7» 19 19 427/b 433/4 10572 10572 *20 7s 217a 106 107 137a *59% 54 *98 87 487a 4% 10% 813% 19% 10,200 16,900 29% 32 3% 45 - 813/4 . 46 59 10874 *367a 273/8 x4% *10% 4574 583/a 10874 102 1177s *31 3% 45 CnQ 1037a 36% X102 27% 27% 45% 108 3/4 100 7a 117% 117% 31 31 *1047s HO 187a 18% 53% 547a -67% 20V* 65 400 *85 30% 103 % 105 % 19% * 49 * 108 * 172 137a 61 54 21% 1,600 13% *98 x29% 42% 4374 *104 1057a 20% 203/4T' 106 *1073/4 108 see page 24. 2872 400 5 2 3/a 133/8 I 58 3/a 102% 48/8 48 % *36% 363/4 _ 193% *48 67 20 x2874 167a 19 14% 52 ♦107% AVuAh/ *31 32 33/4 33/4 44% ,45 4% 4% 1°% .10% 81% 81% 19% 87 22 1474 52% 13% 4574 /4 101% 4 32' 3% 447a 4% 10% 827a \ 3 1 *31 * < 3% *4372 4% *107a 82 *197a 5 .United Fruit Co_—-—No par United Gas Corp 10 . - 100 United Engineering & Foundry 18 Feb 1 preferred 23 7 '• 100 United Electric Coal Cos 2 Jan 18% 55 7a 87 %,85% . „ *54% 12 3/a Jan 12 3172 110 *187a 22 May 22 *104% *103 13 % 45 107% 108 98 100 106 273% 273% >.*115 118 30%. 3072 *1047e 110 , 18% 18% -54% 54% ... 11872 10 4 3,4 Jan Xl9 • Cig-Whelan Stores com—30c 10 23% Jan . For Fastener 4872 No par Corp - 19% Jan 42 18172 July 19 8 72 Jan 3 28 7a Jan United-Carr Carton Go 2 Jan 106% May 23 30 8% Jan Carbon 1674 Dec 9074 July 26 22 Board & •.United 31 —No par 5972 Jan '24 4 46 7a Jan United 4 United .*114 13% Ah, ,^o ' 143/a 52% 13 7a *14% 14% 52/8 44% 13% 45 10^2 102 35% 36 101% 102% 48% 48% 36% 36% 3°% 3174 . 37 - 100 _j—; . 30 ' 30*104 .'106; ' 27 27% 100 $3.50 convertible preferred Unlted Corp (Del)-J 4 143A Jun 31 327s May 16 4% Feb 5 5 Biscuit of America—No par $4.50 preferred ' *36 common—10 2974 Apr 1172 Mar 30 Oct Lines; Inc preferred 2072 nov 27 ,157a July 13 157a July 13 277a July 12 99 Aircraft 13 697a Jan Sep* 21 663/4 Nov 5074 July 12 14% July 18 2272 July 13 United -No par Corp common convertible preferred-' 47a% 3 86 87% *48 non-cumulative preferred__50 4% Union.Tank Car Co 14% 52,4 10772 1077a *98 100 1017a No par common 4972 Feb 4 12 % Aug 21 783/4 Mar 3 83/a May 22 Jan *86 *100 ^ 14% 52 A All? 102 35% Mar 13 637i May No par series—-No par ^fl3A Mar 26 474 May 31 " Mar $3.50 35% : 13 107 series $3.70 1007a 13 29% Jan 13 - 25 5% United Air Apr No par No par 50 2 31 5 Co Preferred $4 series United 131 Rubber Union Oil of California— 1 -6 & Union Pacific RR Co 2 417a May 11278 Jan No par El Co of Mo pfd $4.50 ser-No par Preferred 9 10 32 367a July 11 33/8 Jan 3 Feb Jan 22% Jan 48 30 52 40 Asbestos Preferred 7 993A Jan • 28 1874 Dec 29 / 6 103% May 15 243/a Dec 27 1033/4 Dec May 19 2974 Jun 112 " Mar 20 25 Un 3 30 Corp Union Bag & Paper Corp Union Carbide & Carbon 30 Aug 21 7972 July 11 Mar 4074 Apr 10972 Jan Dec ,13 3A; Jan 107 4 9 8 3/4 Mar 13 54 3 3 33% Apr 37% Dec 10672 Jan Union 11 18 38 13 Underwood Mar 17 Jan 30 9 25 7e Jan 39 Apr 26 100 997i Ai>g 15 107% Nov 28 Udylite Corp (The) 48 May 9 61% May 10 11274 Feb 2 533/8 Mar 28 July 7 10372 Aug 18 24 15 3 May 11 May 3 106 11 /May 12 50 31 58 114 30 81 15% Mar 2 553/4 Dec 30 103 2 473/4 Jan 39% Nov 24 30 9074 Jan Jan 19 13 74 Jan 407a July 17 13 473/4 Dec , 21% 10874 174 18% 43% 104 22 1073/4 *173 3,400 12,200 18% 1,200 447a 6,100 190 104 700 227a 3,500 109 70 1753/4 * 137a , 133/s 13 13 1,400 617a 617a *61 63 20 567* 563/4 553/4 57% 22 2274 22 3/a 23 66 68 6872 *63 4,000 8,400 300 . The Commercial and Financial Chronicle (2308) 24 . . Monday. June 4, 1951 , NEW YORK STOCK RECORD STOCKS Bange for Prevfoua Range Since Jan. 1 Year 1950 Lowest 7'A Dec Feb 4 8% Jan 9 18 27 29 8 Jan 2 49% Jan 10 37 Jan 65'A-July 17 77 Jun 12 72 23% July 12 88% July Jan 2 126% Jan 18 143% Oct 5 134 Jun 1 54% July 14 18% Dec > 40 * i 6% Oct 11% Apr r Jan 15 1 2% Dec * . : 9 2 27% Feb 1 Universal-Cyclops Steel Corp Universal Laboratories Universil Leaf 13 10 26 8 30% Jan 2 16% Dec 28 . * 14% Jan 8 30% Jan 3 17 Jan 25 24Vi Jan 2 ; 103 39% July 26 May 4V*% Utah ,37% Apr .30,. com,No par 100 Pictures Co Inc 1 com preferred— & Light Co 100 ——* Power Norman Coi—i 62% 135% 135%; 50% 51 * 33% 33% *32%, 33'/4 *15% 2.50 33 , 16 - *15% 15% 1 *11% Dec 28 27 115 28 716% July 27 22 6% Jun 29 Jan 79i Dec Mar 23 __ __ 114y2Kep 117% Aug 25 106% Dec 21 12 *103% May 26 • , 7 33% Feb 77 25% Jun 37Ys Apr July 17. ,28 13 1 «22% Sep 17% Nov 6 31% Dec 14, 36 May 17 48 Apr 24 65 Dec 28 55 May 25 71% Feb 7 Wabash -12; Jun 26 14% Jan 10 12 Jan 13% Feb 13 Waldorf , *93 *93 94 19% 135 ,51% 52 59'A 7 DAY A 60 19 *38'A 39% ♦38 39%: *5% ... : *91 y. 95%; 2 ; 24% 24%' 24% ; 200 2%: 3,400 2% 2% ;2%" 24% 24% ' * *27% 28% 33'A j *< - ." " ; 1,400 92 92 11% ! 28'% 37% 18'A *43 18% *29% 30 33 29 *55 57 i 3C0 7; 1.6C0 '37% *36% :>■ "56 7, " 43% r .'700 • 800 17% 18 17% 17% : *29% 30 29% 29% r. 10 28% C /l,000 ' , ; / 37% * i; 60 t *32% f i 37'% ',7 % 103 " 28% 44 32% 28% 7 320 102 7*102 ■ 32% 44 • 549,000 a32 y'*100 ' 103'A ;;7 28% ' 500 .12,000 20 5/64 32% 45 20 4,900 7 113% 113% 101 101 *101'A 103% ; : 120 19%- 19% 5/64 ; 11%* 11% 114 *113'% 1,100 r >94 120 ,7 121% 19% 56% loo ; 7 112 56% *92 37% , 24% .*110 . 28% -V 4,000 ♦110 Ar 100 ' 000 » 56 11%; 114 400 7 19% - 7 2,900 ; t I 7 24y« ,■ 112 55% ■ ,,*118 1534 30% ; " 2,200 .19%, /. ;*no .1 7 24 y4 24'A .. *}' 15% 30% 15% "40 1 33% 33% 7 31 19% 19% 31 ■?;: 28% 32% 28% *15% » H 3,900 ' 53 53 54 *53 19% 7 8% ' :t:U 200 167%; 8% 9% 8% J 25 *24'% *166 167% .*166 ' 11% *44 100 " : t (; 120 *32 2,200 26i •24 94 ^ ■ 100 ' 3% 3% 26% - *101% 3,800 3% r 112 *113 500 10% i 27% 3% r iV 200 XlO'A *26 ! 19% 2,500 7 - 95% *91% ;■ • 120 5% 5% 5% 11 10 %. .4, 11% 2,400 19% ; , *110 *92 40,300 ;• 19% ' " 56 1,000 142% V xl9% , 3,000 / 41% 40% 142 ' ' >•, 620 V 60% " *60 142 142 . ' : 9,500 ■ 53% " 52% 41% 41% V V 65 134 % 134 134% MEMORIAL 19% 56 3,500 94 > 63% 64%, 62% - *24% -.24% *110 7 37% ' ■; 31 , 26 16 31 . , 46y« Dec 30 ,..33'A Dec 30 V 7x30% Oct 13 19% July 27y4 Jan 7 CLOSED 1,300 71% 1 37 37% 37 ; 38 ♦70'A 73 *71% 33% *15% - 30% . 10iy4Dec 29 96% Mar 22 - 134'A 134% * 50% 51 60% 61 40% 41% 142% 142% * , 4, STOCK EXCHANGE , Vanadium Corp of America..No par Van 16% Feb 13 1 1 Inc Tobacco 35% 94 ; 61% 6 Van Raalte Co Inc—1 —lo '% 31'/a. 3iy« 7 30% :i97«; 20% May 10 Vertientes-Camaguey Sugar Co„6'A* 19%' 19% 7> 19% ; 24% 27 Jan 13 Vick Chemical Co___ _ 2.50 ; *24y« ; 24% " 24% 104 Jan 2 111 Mar 2 Vlcks Shreve & Pacific Ry com—100 f *110 , — V *110 : 105y4Jan 9 112 May 31 r 5% non-cumul; preferred—1—_100 *110 —*110 55% 46 Jan 19 56% Jun 1 Victor Chemical Works common___5 \ *55 , 55'/a' 55% 94, • 92 May 23 ; 100% Jan 18 2Yzf/o preferred-2-i 1 100 ' "92 94% ^ ^*92"; '11%"" ' lO'A Jan 3 14'A Mar 2 Va-Carolina Chemical com—_No par ' 10'/« 11'/# 10% 120 114 Jan 5 126'% Mar 2 7r 6% div partic preferred !100 118% 119'% -. ^116 >, 18% Jan 3 v 22% Mar 1 Virginia Elec & Power Co coin—.10 20% 20'% 19% 20%., ^ May 28 • y« May 26 Rights '% 'A -At 113 A, 112% May 24 > 116'A Feb 20 ; >$5 preferred— _,100 *112% 113 112% 101 v< 100 May 29 106 V2 Jan 26 $4.04 dividend preferred—l—100 * *98 101 • ... *98 103% 102 Apr 27 > 103'A May 7 $4.20 dividend preferred 10Q *101. 103 , *101'A 45 -v 41 Jan 5 60 Mar 26 Va Iron Coal & Coke 4% pfd—25 11 *43 1 45, *44 32% 31 >A Apr 25 35% Feb 5 Virginia Ry Co common——25 i 31% 32'A .. *31% 28%' ,7 27% Apr 19 31% Mar 3 6% preferred—' —25 > *?8'%« 28% ,.,.28% 37 t 35% Jan 20 - 42% Feb 3 Visking Corp (The)— 5 ; ; 37 ; 37-^ 37/ 18 17'AJan 2 . 20'% Jan 12 Vulcan Detinning Co common——10 ; 17% 173A ;t, ,18 30 * > 29% Apr 23 32 Jan 20 7% - preferred— 20 ; ; *29% 30 1 . *29% 105' July 12 751% May 19 ; ■ t 50 preferred Universal 12% Feb R% May 24 34% Aug 16 8 8% 2 Inc common preferred 35% *93 • ., preferred—No par Psner 5 59% Feb 3 Wall convertible 26 28 % Feb Dec convertible 4% 12 1 <i $6 Apr 5% Jan 27 17 10 27 10' : United 170% Jan 2% May 15 Jun 14 .Jan / 53 Jan 97% Mar 5 26% Jan 5 -98 22 27 38% Sep 5 12% Jan 3 .18% Dec 20 20% Jan 26 : ' 28% Oct 18 v 24 4% Jan 27% Feb 22% Jan -■"•"24%'Feb 23 * . 96% Jan 9 27 20% Feb v 1 13 Sep 12" May 23 24% Dec ,9 Feb Jan 165'/a May 30 July 28 : 17 61 % Jan 7% July 10 r 45 17 Jan 177 Feb 22% Jan 18 x25 . Stockyards 13 24 6% Apr 4 > 16 Jan 9 24% Oct Corp—; 1 United Stores $4.20 non-c 2d pfd—5 United 3% Jan 26 24 . preferred,.25 non-cumulative 1% 11 7% Jan 26 62% \ 38 72 37% • 5,700 8.% *8% 38 Sharea r 17% 17% 8% *8% 37% 61% " 61 _r 61 40% 41 \ •' 40% 41%. , , *142% 143% v142% 143 .. 19% 19% 19% 19% 19% 19% *38% 39% *38% 39%. .". ' 39% 40 *5% 5% 5% 5%. *5%. 5% 11 11 ' ; " 10% 11 10%, 10% *91% 95% *91% 95% *91'/a 95% 3% 3% " -3% " 3% 3% 3% *25% 26% *25% 26 *26 27% *24 24% 24% 24% ,' 24 24 1 2%, 2% 2% 2% ' ' 2% 2% *23%' 24% *23% 24% *24.. 24% *165%'167% *165% 167% *166 167% ,8%8%" 8% 8% 8% 8"% 53'% 53% *53 54 . *53 54" *28 • 28% ' 28% 28% 28% 28% common—No par Co Tobacco , '! *60 50 No par —^——100 Corp common preferred 37% 94 62% 38 72 t per share , 17% 17% 8% x38 *71 61% ' *135%, 135% ' 50% 50% 7 preferred— Steel 1,7% U S & Min com • 61%. 100 50 1st preferred. non-cum *8% ' 37% *70 36% ' *93 share Sales far the Week June 1 9 per share 17% - 39 39 17% 8% *8% ,-*71 .72 34% 34% *93; 94 .10 Co common.,— Rubber 7% U S 19 Jan preferred $ per share 17% 17% 6% %'/<! ' 20% Mar 20 42 "8% ; 6 9% Jan 94 Jan 4% Apr 27% Jan 3 20% July 27 161 3 100 8. 67% Mar 10 S Pipe & Foundry Co— —20 S Playing Card Co 10 S Plywood Corp common.^-—1 3%% preferred series A—___100 common $ per Friday Thursday May 31 May 30 May 29 9 per share 17% Co U S Smelting Ref 5 8 153% Jan May 31 18% Jan 3 38 May 21 5% May 15 28 ' 47% Jan 30 39% May 24 142 , 44% May 19 19 Dec 22% Nov . 21 3 91% May 3 t >2% July 17 *. Feb 22 5% Jan 26 •9 . 20 < 19 Jan 61 59% May 31 29 27 July 6 42% Dec 4 142% Feb 17% U S 67% May 10 Mar 28 45 151 % Nov 13 JJan 18 68% Mar . 25% Jan r U 8 14 51 139 U 42% Feb 5 .*» U 5 86% Feb 11 62% Nov 29 91% Mar 29 29 52% Oct i Jan 84% Mar May 28 -1 Lines S ...4% % ■ 33% May 24 38% Dec 97% Apr 3 33 y2 Mar 31 12 43 May 23 37 Vi Jan • 8% Jan 10 16 Monday May 26 $ per share Par U 20% Feb 17% May 29 34 Yt July 13 5 Saturday M $ per share I per share 9 pershare • per share LOW AND HIGH * SALE PRICES Wednesday, Tuesday * v * . v STOCK YORK EXCHANGE Highest Lowest Highest 14'A Jun NEW , W 26% Dec 31 Jan 2 Feb 4 27% May 29 x29% Feb 13 Nov 24 9 28 »; 45'/a May 24 8% Jan 4 56% Feb 9% Dec 6 32 • • 53 13 6% July 13 Jan Dec 24 17% Jan 19 99 May 17 103% Mar 5 "5Y2Y0 16'A Jan 8 24 11% Mar 28 13% May 1 Warner ; 10 29'A May 24 43 % Jan 23 21 2G% May 26 34% Feb 7 Warren 8 23% May 25 27 1 Washington 17% Dec 28 12% Jun 30 18 . 29 16 % Mar 15 19% Jan July 13 ; 5 21% Jan 9 25% Feb 5 May 24 8 »' Dec 25 35y* Dec '• 28 Jun 27 18y» Apr 15 27% Dec 27% Dec 28 26 114% Jun 13 104% Oct 14 109% Feb 7 104 ¥2 Oct 17 27 26 West 23 West 2 13 75 1 106% Jun 15 89'A May Mar 14 Feb 111 1 4 27 Year l'JOO 7'A Jun Range Since Jan. 1 " < Western Auto ' 3 55 Dec 29 46'A May 24 89 Oct 24 87 13 44 Dec 1 22% Feb 112v 34% Dec :May 21 Jan 56% Apr 30 94 y4 Jan 24 13 16 35% May 24 47y« Feb 31% Apr ■ 2. 35'A Jan 2 41 -98 12 94 Oct 19 41 Feb 27 ; 27 26y2 Mar 15 2 ;• •18'A May,24 34% Mar 22 Feb 22 Jan 19 13 126 8 34% Jail 7 36% Jan 29% Jan 26 28% Dec 25% Nov 125 3 < -42% Feb 31% Mar 20 6 28 Ma y 104 % Feb May 25 Dec : 2 3 35% Dec 3 -49'A Mar 34% Jan 23 129- 29 "29% Feb 26 May 24 37 ; 24 Jun 105% Feb 18 20 Jan 20 33% Oct 36 16 Feb 30 y. Nov 7*13% 2 44% - *21% *37 - ; > 26% July 15 15% Feb 8 18'A Dec 19 33% Jan 12 12% Feb 15 5'A Jan 3 11% Dec 29 5 89 < 35% Nov, 22 • 94 May 28 v Mar 27 37% Apr , lo 31% May 4 23 Vi Mar 19 23 36 Jan 26 21 Apr 30 9 Mar 24 12 Jan Apr 11 75 Feb 9 15'A Jan 4 *87 y2 36% 106% *101'A 104 *101'A 104 '<T16% i 34 34 36% 98% 32%* 33 *98 ». *122 34 >A- 33 , *122 .4 7 135 34 y8 *98 "7 .3,300 *38 .7 39%: r 5189 % 37 r 28'A * 28 y« 18% I 18% *35%f 36 15% Jan 70'A Dec 30 68 Jun 27 16 Oct 24 12'A May 24 77% Jan 5 91 77 49% May 12 • ^ Sep 22 9% July 11 13% Dec 30 12% Jan 25 16% July 13 22% Feb 25 17% Jan 4 : 137 142 32% Jan 10 Jun 45% Sep 42 V* Dec 16 51 Feb 3 29 " July 18 - 13 130 15 45 May 23 May 23 Jan >3 87% Feb?. 17 Apr 20% Mar 140% Jan 50% May 2 "34 *122 135 37% 38% 37% 89 y4 *89% 90 90 *33'A 34 33% ■ . : 283/4 187/« v: 19 *35% 18%r 36 ( 36 . i 5 18 9 10 5 24% Mar 14 28% Jan 29 75 Ya Jan 84% Mar 12 'a:i '19 19 : -*35%;: 36 ; 26 Dec July 18 77 Sep 22 74 Jan 4 95 % Dec 29 79 July 3 98% Dec 16 91% May 25 82% Apr 24 70 July 26 89 y4 Apr 13 75 25 May, 15 10% Feb 16 21% Dec 18 13% Apr 27 13 38 Dec 21 36% Jan 29 Jan 9'A July 13 36 July 14 14% May 19 43% May 29 24 y4 July 17 37% Oct ' 20 47% Oct 31 53% Oct 3 19% Oct 18 31% Jan 13 13% Jun 27- _ . 70% Apr 14 -6%1 Apr 22 9 79% Apr 17 21% Jan 2 ;— 46% May 24 16% Mar 13 59% Feb 2 19% Jan 17 4»A% convertible preferred Young'(LA) Spring & Wire_No par YoungStpwn Sheet & Tube—No par Youngstown Steel Door_L^—__No par 47% Jan 7iy2Feb 13 5% Feb 6 38% Jan 10 i 30% Jan 2 4% Apr- 11- *13% 30 26 Corp common Zenith Radio Corp7—7— Zonite Products Corp— 68% - 69 *68% ' , ,r ' 36 2.500 / 3,500 - i : 18% '•>' 69% 934 *68'A 69'A q so y8 1 14 19'A *130 135 130 - 1 46 'A 43% 43% 20 A *79 *92% 91 v *75'A .14'A 25 A 82 94 y2 92 *44% 16 Ye 45 35% 45% 7 16% 35% r '47'A 47% 18% - 43% . * u *18 „No par 63% —_i 25% *79 *92% 91 a .. *76 76'A 14'A • *13% 13% 19 y« 19% Ik t 7 13% 19% *130 *46'A 46% 43% 44 135 19'A 135 47% i 47% > 43'A 437/a 25% 26 25% x25% 25% 82 *79 82 *79 82 94% *92 94 *94'A 92 92% 76 92 93 77 76 45'A 15% *45'A x34'A 473/a *17'/2 ♦ 66'A 5 r 64% 5 .. 76 *14JA 45% 16% 46'A 34% 47% 17'A 45y2 16'A 45 V2 ■ . — • 9% • *68'A' ' 43% *90 1,800 280 320 *75% s 77 14'A* 200 '< 93 92 ' 300 700 14% x44% 44% 2,400 15% 15% 15% 15% 11,600 45 Yt 45% *44'A 45% 34% 36% 44% 45% 36% 48 17'A 500 643s 12,000 5% 800 47% 48% 17'A 17'A 17% 65 64 65 64 '5 5 . . . 5 Ve 5'/a :•) 500 1,700 36 ' 47% 3 •; . 94 y4 94 77 15 600. 11,600 . 26 82 *79 • '- 48 253/4 ■ . 200 3,800 19% 433,8 • - • 135 *46% ' 7,900 ; 14 19% *130 : 300 . 82 *78 13% '• • 5,100 934 70 13 £ 12% T 95% reorganization, a Deferred delivery, tCaeh sales.:. ■ Special aalea. 1 ' 47% 44 45'A 16% 45% 35%«-35% - 47'A 48 —18 18'A • r '13% 19'A >*130 14% 5 5'/a 78 14% 64% 66 *5 77'/a 12% 14% 14% 46 ; 12% .135 46% ' *45% 12% 80'/a 13% *13% 19% 12% *78 12% *78 % 1,800 18% 18% 18% 5/. ( 9% 80'A 12% 12% and asked prices; no'sales cn this day. $in receivership; or petition ,has been, filed for com pany's yEx-rights. ; tEx-stock dividend (%tb Aare of 4%%t pre ferred ($50 par) for each sh^re held). C 69 19'A * 25 1! 50 47'A Apr 38% Feb ■ York Towne Mfg Co 2 2 9% ; 5 Wyandotte'Worsted Co_i s ■19V4 i *35% ' ' No par Yale & Jan •' 6 Jan 98 Machinery —.— preferred 4'A% series—100 Prior pfd 4'A %• conv series—100 Wright Aeronautical No par Wrigley (Wm) Jr (Del) No par Prior 47% May 15 16% Apr 30 11 6 11% Jan 2 105% Feb Common '29 I 70 300 .»■ 28% f 4,900 '77/-: ; 19 287/a 18% 18% 9% 12% preferred——.——1°° Iron Co—— 10 (F W) Co——•' 10 Worthington Pump & 16% July 12 69 18% 9% *78 Woolworth 4 6'A Feb 17% 9% *68% series A—/-No par Co.Inc Woodward 1 "43% Jun 6% 3 17% 9% common-^-Ncfpar $4.25 preferred _—-.—•—NO par Wilson-Jones Co — ^-10 Wisconsin Elec Power Co com 10 & :• 33 % ;287/a 600 ' 90 34 200 7" 7 38 ( 17% 5 Willys-Overland Motors common—1 $4.59 con;/ pfd /> ,r 28% , 23,800 c ■ 135 5 ; 98% '*33 33% 4,400 37%/. * '' Wilcox Oil Co——— Wilson 4,900 34 y4 *98'A ' 17 Vo May 26 200 37^8 33%. 7 35'A 29 89% 89 y4 89'A *34 y4 ,7 28% ...18% .*35% •; 3,400 • ' 37 38 .*122 ; 51% 37% 37'A - . / 73,1QQ .-7 v T 33% 34% ' 34% *34 » • 51% 98% v 33% 2 > ; 21%: 89' 37 ya y 33 -: 46 21 37% *88% MEMORIAL DAY 3,000 45'A >: 39 - Share* 7 ' 51 Sales f*r the Week 13% 13% J 21% 36% 38'A 120 t per share .14-1% 45% *37'A - v 98'A "'98% 37% ... 89.-: 90 > 34 135 37 • * CLOSED 37% 800 ■" June 1 ; share - . 37'A 32% ' ;32% „ 37'A ;37 %' 89 y« STOCK EXCHANGE 98%*' - $ per share t per ; 22'A >: 1,300 83 107 y2 Friday Thursday , 77;;.- May 31" 45 21'A 34'A 37 ,, T * 135 *122 *89 , May 30" ; 37% * 33% 36% *97% Wednesday >.. 83 106% 108 100 16% 16'A 16% 82 ' 1 51% ;7 37 • / 5,400 28% niy2 13% 89% 37'A 1,700 28% Y' 39'A 89% 36% 36% ' 81 89% - 23 111% 28% 45 %> 270 ."7,500 *105'/a « 13% 50% • PRICES {; *37% 40 51% 50%- - - 21 SALE . , share, 45 21% 21%' .*37 39% -50 'A 45 44% HIGH 13% > 2,700 ' 38%; 86 . 106'A 81 t per 14 • 21% A 50'A :;*87% 13%: 13% '44% 23 22% *106 May 29 $ per share f per share Par Western Air May 11 27 • *y Lines Inc__ 1' Supply Co__—10 Western Maryland -Ry com 100 4% non-cum 2nd preferred—100 Western Pacific RR'conr—.1—No par ' 'Preferred series A 100 Western Union Teleg cl A—No par Westinghouse Air Brake—No par Westinghouse Electyic com——-12y2 -3.80% preferred series B——100 Weston Electric Instrument—-12.50 Wheeling & Lake Erie Ry—-, 100 Wheeling Steel Corp com No par $5 conv prior preference—No par White Dental Mfg (The SS). 20 White Motor Co -1 White Sewipg Machine com— 1' Prior preference ——-r 20 Apr 18 Jan 22 1 V 38 .1,400 1 •;» : !,• Tuesday . 86 38'A 111% 108 AND May 28 May 26 , 86% 1,800 r. 7% 32% *105 Ye ' Monday Saturday STOCK 7% 32% 28% ^80% *105% 108 LOW EXCHANGE 49 -64% Jun 102% Sep NEW YORK 16 22 19% Jan "lOO'A 900 100 800 14 y4 14'A 7% Ill 17 81, *105% ■ : " ! 2334 . 327/a 22% 27% 27% ' 108 4,200 ' 16% 37'/a; >. , 22% 22% *101'A 10 28 5 . 104'- 16% 81 3,200 24% ": 85%- ^ 38 A 22'/2 *101'A 16% 14,800 ■ '27% -23'A 14'A 7%, 104 83 > 32% 106% 104 23'A: 14'A 85% *105% 15 41% Dec 4 1C6'A *81 16% *23 111% *101'A 16%- '24'A 17'A v 85% 39% *111 - 27 y4 24'A 7% x37% 85% .39.1 *105 28% 24'/4 32'A 27% 11% Jan 23% Dec 24% July 13 85%, 39 *105' 240 30 5 a 27% ; 32% 111% 40% Jan 3 li29yo July 13 85'A 106'A *30 12'A 31 *16% ■" A 14% 7%, 7% 32% 27% 25 5 28 14% 7% 22%. 900 12% 12'/a, 23% 32'A 22% 12 " 17% 23'A 111% 28 27 - *16% 23% ,17'A 27% • S per share share •12% July .July " 3,800 ' 110% 13% Dec 37% July 26 ; , *23 14% *101 30% .1 • 103 102% 102% > a;: 24'A' 27% Power 51% Apr 26 - is y8 ; 28% 27% *24 110% Electric Penn Penn Highest Lowest t per S per share f per share ■ < ■. >•' • . STOCKS Highest . .• 4,800 11V4 18'/a 1,2C0 48% 11 Yn ■" ' Co—No par Range for Previous Lowest 7 32'A- 38% 22 Y\ . 12% 31 14% .^rifl7 8 32'A "85 - 28 24 'A 23% 14%. 8 . 12% *30% 4%% pfd—^t100 4.20% preferred series B—^^.-100 4.10% preferred series C—---100 West Virginia Coal & Coke/—"--—5 West Vi Pulp & Paper com—No par 4%% preferred100 14 20% Feb 16'A Jun 27 Nov Feb 107'A Feb 21 Dec 111 July 19 • 101'/» Mar 27 18% Dec 78 30 107 - 107 Jan 39% May 28 Mar 14 17% 23'/*. *14% >. -./v'; 24% *22'A : Wayne 477/a 11 'A : 1 .27%. "27'A. *1674 • Webster 104% Mar 20 109% Mar 24 4 12% Apr 44 y* July 14 5 Co 29% Feb 15 107 Dec 110 30%' 26% 24'A '■> 48'A 18% • v - 27% 11'/a '47% 101% 12% 101 101 . 100 12ia 12 Yt . T , 18'A 101% 31'/e 100% 27% ¥ *18'/a 47% ll'A 18'A 17% 17% 17% 12% 27%. r: 27% 55% 12 y6 ' 56'2 *55 55% ' 12% " 12 112% Jan 29 89% Feb 30 28 21 y« July 13 19 36% Jan 11 30% Apr 24 31% Jan 10 84 May 14 28 88 y4 Sep 5 47'A 11V4 31% Wayne 13 9% Feb 7% Jan 47% 11 !: , 12'/« Knitting Mills^-.——^—5 Pump Co .--I Tobacco Inc 5 Wesson Oil & Snowdrift com—2.50 $4 convertible preferred—No par West Indies Sugar Ccrp— 1 West Kentucky Coal Co 4 18% Feb 2 14 26 34 13 83'A Feb 28 Sep 46% 46 ' 11'A 11% Gas Light Co„_No par Motor Waukesha 31 27% 27% 5 Corp— Petroleum '■>*12 % 27% ,*100% 21% May 21 27 Jan 24 11 17% Mar 16 Jun 27 24% Jan •i. Jan 24 • 11% July 13 Mar 12% 27% 46 11 17% Pipe—.—No par 3 Warren Foundry & 6 29% Dec ' 14 24'A Jan 12'A 27% -* 12'A 1 —-—100 Pictures— Bros 38 '/2 Feb • 15'A Feb 12'A common preferred--, 27% Jun 24'A July 18 Co 57 *55 56 *55 System Baking Ward Sep 106 !. 16 11 11% May 9 21% Feb 23 20% Nov 14% July 14 97 preferred——10o No par Walgreen Co : No par Walker (Hiram) G & W—No par Walworth Co_„_——2.50 4%% RR wd When t. - 10,600 x **- distributed, '.J « r '• ' l . C Number 5017 Volume 173 .. rwtwiitri The Commercial and Financial Chronicle . Bond Record (2309) New York Stock «» FRIDAY The italic In the letter* WEEKLY - column headed "Interest Period" one or the case 82d of more month when the bonds mature. point. a LOW AND Range for Previous •, y , Tear . GOVERNMENT 1950 Lowest Highest 101.30 Sep 107 Nov NEW YORK >Rang* Sine* Jan. 1 - •••■"_ 11 101.30 Sep 13 108.4 Lowest ^ . JTreasury Treasury 1 "I 111.10 May Low , Low *100.17 100.19 *105.12 105.18 *100.3 IOO.5 *106.16 106.22 HIGH Low High May 10 *100.17 * *105.10 105.14 *105.10 105.14 r *100.2 100.4 *100.3 106.20 *106.14 106.20 100.19 105.14 100.4 *106.14 High 100.19 *107.28 108.2 *107.26 108 *107.26 108 1960-1965 *109.4 109.10 *109.2 109.8 *109.2 2%s_. *100.19 Apr 0 100.4 - Apr 2'/2S_. 2%s_: Treasury 9 the* Week Bonds($> *100.17 100.19 105.16 *100.3 100.4 106.20 *106.16 106.20 108 *107.28 108 *109.2 CLOSED *105.12 100.4 *107.26 EXCHANGE . , 109.8 *109.4 109.8 ii . - 100.22 *100.18 100.21 *100.17 100.20 MEMORIAL -*100.17 100.20 *100.18 100.21 1956-1958 *101.22 101.26 *101.18 101.22 *101.16 101.20 DAY -*101.16 101.20 *101.18 101.22 1962-1967 *97.26 97.30 *97.26 97.30 *97.26 97.30 *97.26 97.30 *97.24 97.28 *97.6 97.10 :_ ' Treasury 100.25 Nov~29 100.29 6ct~31 97.14 *97.10 97.8 *97.4 97.8 *97.4 1 97.8 2%s_. -Dec 1964-1969 *97.2 97.6 *97.2 97.6 *97.2 • 97.6 *97.2' Treasury Treasury 2%s_. 2%s_. 1965-1970 *96.30 97.2 *97 97.4 *97 97.4 97 1966-1971 *96.30 97.2 *96.30 97.2 *96.30 97.2 *96.30 97.2 *9628 97 Treasury 2%s_- _Jun 1967-1972 *97.2 97.6 *97.2 97.6 *97.2 97.6 *97.2 97.6 *97 97.4 2%s_. -Sep 1967-1972 *99.16 99.20 *99.14 99.18 *99.13 99.17 *99.10 99.14 *99.10 Treasury 2%s_. -Dec 1967-1972 *97.2' 97.6 *97.2 97.6 *97.2 97.6 *• 2 'As. 1951-1953 *100.18 100.20 *100.18 100.20 *100.18 100.20 *100.18 100.20 *100.18 100.20 Treasury 100.24 *97.10 *97.4 Treasury Apr~25 97.14 1964-1969 2 %s_ 1952-1955 *100.6 100.9 *100.7 100.10 *100.7 100.10 *100.7 100.10 *100.9 100.12 Treasury 102.14 Apr *97.10 _Jun Treasury 102.19 25 1963-1968 2 Vis.: Treasury 25 102.14 Apr 2%s_. Treasury 102.19 Apr 2yis— 1954-1956 *103 103.6 *102.30 103.2 *102.28 103 *102.28 103 *102.28 103 100.16 *100.10.100.14 *100.8 100.10 *100.6 100.10 *100.8 100.12 25 102.23 Feb Sep~15 97.17 Apr 97.14 Apr 24 18 li * 98.7 Apr 13 100.21 Jan 16 2'/is . 97.14 *97.9 , i I ■ *97.4 *• 97.13 v ,97.8 *97.2 - 97.6 97:4 97.4 *96.30 97.6 i..y 97.6 4*97-- 97.2 99.14 97.4 *97 1956-1959 *100.12 100.27 Dec t .Sales fat ~ High *106.14 , 100.2 Low *100.3 STOCK 109.8 1952-1954 Friday June 1 Low -*105.10 100.19 1958-1963 Treasury High *100.17 *100.17 Treasury 109.9 9 Low High Thursday May 31 May 30 , Treasury May PRICES Wednesday May 29 2%s 2%s Treasury 109.8 SALE Tuesday May 28 High 4 1955-1960 1951-1954 1956-1959 — Monday - 1951-1955 27/»s 2%s__ 2%s_ Treasury 1 May 26 ' 3s t Treasury 111.10 May Saturday EXCHANGE Highest 11 May BONDS STOCK Exchange YEARLY - indicate in each Figures after decimal point represent 25 22 102.18 Feb 1 Treasury 2yjs Jun 1959-1962 *96.30 97.2 *96.30 97.2 *96.26 96.30 *96.26 96.30 *96.24 100.21 Dec 96.28 15 103.9 9 Treasury 2 Vis Treasury 2s Dec 1959-1962 *96.30 97.2 *96.30" 97.2 "*96.26 96.30 *96.25 96.29 *96.24 96.28 1951-1955 *99.23 99.27 *99.23 *99.23 99.27 *99.23 99.27 *99.25 Treasury 100.29 Aug 11 Jan 100.31 July 28 Treasury 2s___ Treasury 1 100.19 Mar 1 2s Treasury 2s Treasury 100.19 Mar 1952-1953 2s Bank Reconstruction Dec 5 103.20 Jun 8 97.16 May 15 101.28 Jan 15 1952-1954 1953-1955 International 102.6 Dec 25-year 3s *97.16 ^.July 15 1972 ; Mar 98.16 *97.16 1 1976 sales transacted this transaction. day. $2%s *99 *97.16 99 15 1957 *96 97.16 2s serials of '50 due Feb due 15 1958 *95 97 15 1959 *94 96 15 1960 *93 - 15 1961 *92 „ 15 1962 *91 1951-54, called redemption for Friday BONDS*.4;, Interest New York Stock Exchange Period York 100.16 *97.16 or Sale Priea Friday's 101 *97.16 *100 • High Stock Jan. 1 \ No; Low 109 % 110 A - 30 < 101.22 ♦100 101 ; j 100.16 99 , L • w 109% 98.8 101 101 *100 100.16 100.16 *99 *97.16 99 97.16 *96 97.16 97 ♦95 97 99 . 97.16 *96 97.16 *96 *96 97 *95 , *94 96 *94 96. *94 96 *94 96 " *93 95 ♦93 95 *93 95 *93 95 94 ',*92 94 *92 *92 94 *92 94 .93 *91 93 *91 93 *91 93 15 at June 3,000 98.8 *97.16 ♦100 101 .*99 .*97.16 .. ENDED JUNE . : 94 93. ... . ; v 1951-55, called on Sept. 3s due par. *91 t , 15 at par. a Odd lot Interest. Period Exchange " ' New York Stock 3%s series No. 9— s scries No. 10—— . 3%s series NO. 11_# 3%s scries No. 12 No. 120% transaction, r - bond Registered Week's Range Last , or ' Sale Price June-Dec *77 -June-Dec — June-Dec — *76'/2 Range Sine* Jan. 1 Sold Low No. High *79 —1-- Bond* Friday's- " Bid A Asked Low r C < 1 1 BONDS . ; High - • 98.16 101 *ioo , ... *97.16 98.16 ...*97.16 - . , 97 3% 109 % lUO_l *95 1. V -J«»e-Dec 100.3 *99.31 *101.18 95 City 1980 *100.1 100.1 *96 ... Corporate 100.1 100.4 / ' Range Sine# r , Sold Transit Unification Issue— 3% ; . *99 t" *97.16 99 ■ . 101 Friday Bonds * Bid & Asked 99.29 *100.3 101.21 *97.16 , 98.16 *100 100.16 ,*99 98.8 98.8 . 98.16 101 Week's Range Last Low New on FOR WEEK RANGE 1 "X 98.16 *97.16 **97.16 *• *100 *100 15 1956 2s serials of '50 due Feb No ^ 101 15 1954 15 1955 2s serials of '50 due Feb price, *99.30 ♦101.17 *100 2s serials of '50 due Feb asked 99.30 101.21 98.16 2s serials of '50 due Feb and *99.27 *lui.x7 101 2s serials of '50 due Feb ♦Bid 99.30 101.23 *100 2s serials of '50 due Feb 96.24 Mar 23 *99.30 *99.27. 15 1953 2s serials of'50 due Feb . 100 100.3 *101.19 99.29 * 101.26 2s serials of '50 due Feb 96.24 Mar 23 ♦100.2 Development 2s serials of '50 due Feb ■ 100.3 *99.29 99.31 *99.28 99.31 *99.27 *101.20 *100.1 100.3 for & 3s 25-year *100.1 100.2 *99.29 1952-1954 ____Jun . *100 99.27 . 78'A - 77'/2 High; 77 t;" 73 ' 76 V, 76 'A 73 76% 73 * 77% 75 " June-Dec — r series 3%s series No. series No. 3%s series No. 16— : V 3%s series No. 17--—' „ series 3%s 14 3%s V. Members ... . 2-2300 '.? • ; 120 New York Stock No. Exchange ' * NY AGuaranteed e77 , • - sec sink fd 7s 2nd ser A sec sink fd 7s 3rd ser External 30-year 3s Antwerp Australia 10-year f s (City) bonds $ external 5s (Commonwealth) 3Vis 1957 57'/a i 55 39 y# 16 38 > 90% 3 100% 100'% 91 % 101 % 57 _*i 3%s 15-year 3%s _____x.__Jwne-Dec 1966— 1962 June-Dec 88% —Feb-Aug Belgium (Kingdom of) 6s 1955_ External sinking fund 7s 1955 / 73 series No. ___June-Dec *76Va 72% 75% series No. 27—i———— series No. 28— 1A Brazil (U S of) external 8s 1941 ___; June-Dec Stamped pursuant to Plan A (interest AExternal to s Stamped f to s Stamped f (Central 1926 to of to : due Plan 3.375%J 6%s pursuant reduced *1978- 6.%s of pursuant reduced AExternal 3.5%) No. 29 series No. A 30 3.375%) 1979. 1952— to Plan to :3.375%;) 3%s series No. series No. series No. 3 (Plan 2 3%s .- No. No. 7_i series No., 8 see ' • 81% 1 page 29, 90'% 93 89% 92% 92'% 92'/# 84% _Fcb-Aug assented assented fund Feb 37 101% 45 101 9534,95%. *61% __ -r- *38% 51 -April-Oct 6s Feb *35% *36% Fcb-Aug 1961---— AExternal 60% 37 Va 40% 51 50 51 50 — 35% 38 51 51 35% 37% 1961—Mar-Sept V. A 6s assented Sept 1961-Mai-Sept AExternal sinking fund 6s 1962_ii_Apiil-Oc£ A6s assented AExternal A6s sinking Sept 6s fund 6s 1963— — 2%s-3s 1993—June-Dec 52 35% __ 37% 51 37% 51 35 Va __••>" 50 36% — 64% 128 37% 35 37% 86 For 61'% 3d 57 63% 87 — 83 86 " Financial Inttitutiona FOREIGN • 6i%; 20 y 57 • SECURITIES 83% 65 57%- ._-•* FIRM TRADING MARKETS 63% 82% 59% *86'% , 66 =',* 61 61 89% 81'% **761% ___Jun.e-Dec *_ 77 "4 78 'U *76% . - • ■ —-r; ii 78 77 % .. June-Dec y. 8 63% 80 »77 79 *77 73'%.. ■ — 81% 77 73 ' — 76% 72 - 78 72% 77% 75 73 ; PARL MARKS & ro• Inc. foreign securities speciausts 50 Broad St., New; York 4, N. Y. 78% *73 3 , — • . ... - 75 . 77'/# Telephone; HAnover 2-0050 37% .;a 51 ' 35% ; 36 3A 88% 81% 51 —V-. *36% % 35% *50 36% 51 51% 51 36% *50 ^May-Nov 3 7'A • *363V <_Mai/-Nov 1963— fund dollar bds *36% I_Apiil-Oct- 1962—.—— sinking assented sink fund 51 35%, *50 36% 101% 60% 40 *50 Fcb-Aug 1961 101% __ ♦36% 51 40% 104 3A . 95% (95% 5 96 '4 J_ May-Nov April-Oct I960—— 101% 2 -101 external s f 7s 1942—May-Now sinking 99 99% 39% 110% 87% __ (Republic) 102 93% 101 - 75% 74 39% : 75% 74 99 100 *50 Extl 59% — 100 • V4 -75% 74 1'104% 108 * 64% -•*76% 77% June-Dec : - — §A7s assented 1942—— sinking fund 6s 1960—^ A6s 101% 102 4 B)— ;___^June-Dec 5—— series For footnotes - ' • —June-Dec . J%s series No. 4— series 110 *63 *63 June-Dec 3%s 1958——— 75% 73 *76 V2 .*76Va _Afar-Scpt- 23As 25-year A 6s 101% 87% T" __June-Dec < 3%s " 12 60 y# June-Dec 1___ 3%s June-Doc — 5s •1957- 77% *76 V2 " (interest 1979_w_—^April-Ocf 1944 : 11 60% reduced to 3.5%) 1978 June-Dec funding bonds of 1931 due 1951 Stamped pursuant to Plan A (interest ...reduced 86% *84 — 5% External dollar bonds of ' 25 22 *34 — —April-Ocf A -u 5s *7G»/2 June-Dec ___June-Dec sinking fund Sinking fund gold —June-Dec 7**/4 — (interest- Ry> Stamped pursuant — (interest 1979——April-Ocf due 1957—April-Oct Plan ' - 1927 to °' June-Dec 1957—__April-Oct A • *86% ■' — ■ reduced 26__l_^— ARy external sinking fund 6s Jan 1961—Jan-July A6s assented Jan 1961—______ —Jan-July 87 ,'4 t 89 110 — 77% 72 AExternal 41 99'/# 89 85% -mm June-Dec 91'/# '90'% 103'% 103'/# ' "72 % *77 AExternal 58% v 98% ' 88% 86% Jan-July 91 % '90% *88 - 11 —June-Dec JAChile 57% 54% 58% 101 June-Dec 1967______ 3%s 54% 58'% 39% 100 Va __Feb-Aup 3 Vis 3%s 20-year I 57% 58 % Jan-July 1056—. 10-year .. 57% 54% 59 y# ■ ~ 77% 25_— 1974 '—1—1—i——Mar-Sept 25-year:. 2%s v 1975^—i--——Mar-Scpf ACarlsbad (City)- 8s 1954— 1——_Jun-Jniy Cauca Val (Dept of) 30-yr 3s s f $ bds 1978_Jan-Jw(p 57% 55'/# __ *56% v 75% 77 No. - . 20-year A7s 57 '/a 54% ■ *56% Jun-Dec ' — " Jan-July 1955 — *56% 1957_April-Oc£ 1958—. 5s 90% 54% 59 *56% e-- 1957_April-Oc£ 1978 ,81 89 *56% §AExternal sinking fund 7s ser C 1945—Jan-July 5 A External sinking fund 7s ser D 1945—Jan-July External sinking fund 7s 1st ser 1957_April-Oet AExternal 81% 81% ■ A 77 V2 series 7 " 3%£ series 81 __ 95 *56% 72 J/2 *763/i June-Dec *76V2 ;' 677 81% —Junc-Dec 7 1-1693 - — '76% 24— (Dept of) 30-vr 3s s f S bonds 191QJJan-July Canada (Dominion of) 3'As 1961 Jan-July (Kingdom oi Norway) 4s 1968 Mar-Sep SAAnticxfuia (Depti collateral 7s A 1945—Jan-July § A External sinking fund 7s ser B 1945—Jan-July 77 75 *77'/a - 73 No. Caldas Akershus 72 V2 1 3%s Municipal I 77 .1 £ 3%s -Teletype - Broadway, N«w York Bank (Colombia)— ; sinking fund 6s 1947 Feb-Aug sinking fund 6s 1948—Aprii-Oct 76 - 77 3%s Agricultural Mortgage § AGuaranteed 73 Ya 80 77 *77 June-Dec ——— 23 78' i 77 75% 3%s . and 22— *76% , series 33/4S Government June-Dec L 72% *76 V2 • June-Dec — 72 V4 80 3%s . Brisbane (City) Foreign ' 1 June-Dec June-Dec 21 3%s series No. 3%s series No. . .. Wertheim & Co. Telephone scries * ; REctor series 3%s Foreign Securities .—June-Dec 19 20 73%. 77 77 *76V2 —June-Dec 18 No. No. No. 72% 76'/3 77 •• June-Dec — 77 V2 *77 June-Dec :—— 15 3%s. series 77 June-Dec 13—__— 3%s 3%s , 77 Teletype NY 1-971 (2310) The Commercial and Financial Chronicle . . . Monday, June 4, 1951 — ■"A , NEW YORK BOND RECORD RANGE Friday L: BONDS Interest New York Stock Exchange Period Last or Bale Price Mortgage Bank 6%s A6%s assented 1957 A 6s assented A6s assented AChilean Consol _A7s *50 5s 1928 of ext *36% A7s 51% 35% Oct 1927 1961 Jan *5% 1961 reduced 7s ASao 51 35% — 6% (Republic of) 4%s 7s 1951 external — 19 • — / 70% 72 65% Czechoslovakia fionds 36 37 56 56 *• •> 66 External gold External 4s extl 73 111% 112% s 37% 40% A7s extl bonds dollar dollar 1st A6%s mtge 1st & Jan 1 of) 7s Elec series 95% 96 96 91 91 77% 77% 1 *77 Jan-July 59 1976—Jan-July 1 1976 52 % A V. j ; » . i' 52% 68 65 Feb-Aug Jan-July 1950 ' . •> ;■>: 65 (Republic) Italian Credit l'/o to §A7s l-3s 1977 Institute 7s A5%s extl AJugoslavia AMedellin 1% loan to Mexican of loan 37c. 1977— *24 of '30 f s A4 % ™ T"' small s 35% A6s i 9% 37% 35%" June-Dec Feb-Aug 58 58 73% 75 • ~2' "" r . 75 ' 66% 61 » i Jan-July 14 56 June-Dec ; 56 • v". . 39 39 46% jA5s of 12% V agreem't) 1968—Jan-July ' .. '•£ N ;'' '■ t. \ -.v -• •• ■ of)—>" , } •'/> 1945 Quar-Jan y, i ■ assented (1922 agreem't) :: 1945„Quar-Jan ALarge ■ -j.'.' ' .. ) r :A'"— :';!1 assented new (1942 # agree't) 1963.Jan-July *14% ASmall : ; — ' A4s of 1904 1922 x A4s fiA4s of *14% 1954 (1942 agree't) (asesnted to 1922 1968—Jan-July 8 7a assented (1942 agree't) 15 14% • 10 "7 1963—Jan-July *13 12% __ — — 14 11% 20 *17 16% 17% 13 Vs (City of) _5 16% 15% 6%s 1952 # -April-Oct to 2.125%) 2008 -Mar-Sept *34% ex'l sinking fund 6%s 1959—Mar-Sept pursuant to Plan A (interest reduced to 2.125%) 2008 Mar-Sept Netherlands (Kingdom of) 3%s *48 *34% 1957—May-Nop Norway (Kingdom of) 4%s 1956 Mar-Sept sinking fund 4>/4s 1965 April-Oct sinking fund external loan 1963 Feb-Aug 3%s sinking fund external 1957 April-Oct Municipal Bank extl sink fund 5s 1970—June-Dec External 4s Oriental Development A5%s loan Co Ltd— 17 (30-yr) (City) 1953 of) 1947— 7s — 36 49 /•/. 35 ;;S — 36% r .'J: 98% 98% 11 95% 97% 98 37 95% 98 *96% 98 *91 Va 95 to A 55 ,53% 52% . 55 9 54% 14 2.125%) 92 96 99ft 37% 657. 5 94% 99 1 48 ,34% 34 *5% 8s *8 April-Oct sinking fund gold 1963— 5% 8s 1950 Jan-July ——Jan-July assented *6% 5% — 33 Va / 34% 11 v. 1961 (interest reduced 1966 stamped (interest Stamped AExternal to (City to do of) to June-Dec 77a 35% 15 35 75 7. 12 5 5% to 2%) Sul 8s Plan A 1946 A Jan-July' April-Oct - 77. 10 •? 7% 40 36 % 37% 36% Ohio 54% 54% 3Vc 38% 38% Feb-Aug 33% 3774 - 903/4 .49 . 95 5 95 99% 99% *83% . . 1 .5 92% 98% 90 95 Va 97. 91. 96% 78% 89 __ * *"* ~ *7 5Vb 12 100% 83 11% 6 10 5% 61% — 63 5 6. . 8 43% 72 COMPANIES 103% 103'/2 »81Vb v 97V4 92 __ 97% 98% 93% 85% 97% 99% *101% 98 103% 81% 97Vi 92 105% 103 __ 92 " 102% *1037/8 105% __ __ " 93% ' 95% 10 2 92 98'% 77 93 99% 1 107"% 94 24 92 »99% 95 " 95% 39 93% 100% 91 91 5 90% 96% 108% 236 104% 110% 93% 4 9l7/8 99% 101% 106 93% 93% 9514 95% 113 Va 112 103"% 123% 122 2 123% -—-Feb-Aug Mar-Sept 115% 114 100% -100% 100Va 100% Quar-Jan 88% 95% 8R% April-Oct *91% 116% 102 107% 119% 126 141 100% 101 95% 109% 71 114 "94% 37 103% 1037/s April-Ocf 3s 1995. 95% 28 94% 100% 115% 693 111% 117% 70 100% 103 44 100 Va 104% 2 97 88% 91 90 88% 96 / 120% May-Nov- 120% 120% *112 __ 55 113 129"% 119 112% Ry— .' May-Nop July 1952—Mar-Sept fune-Dec 101 __ 102 33 106 __ 65 106% 103% __ *97% __ 121% f ' 98 101 104 100% 103 " 104 109 ' 104% 2 100% 101% * ■ A A series July B 1975.—April-Oct (4%: 106% 101% 97 49% 33% 36 89. March 1 due March 1 and Dec general and J 1 3%% 6% Dec div first West First lien and 49 86% 100% 122 93% 103% 71% 71% 69 72 75 69% 71% 36 63 82% ,69% V — 71% 19 69 82'/a 29 83 94 58% 71% 82% 68 — ".June-Dec 84% 84 84% 60% 59% 61 213 87 85 87 30 85 l980_Jan-July 81% 80% 81% 36 80 1985-Jan-July 79% 79% 81 7 79% 91 84% 84% 2 84 95% 2010—— 1 May Virginia— 1980— mortgage 96% (2%% 1995—_1„ 1 income Feb 90 93% 1. . 2000-.—_Mar-Sept 1996.. .Mar-Sept contingent interest) due 2 1995__i——June-Dec mortgage 87 96" fixed contingent interest)— May-Nop 5% ■' , ; 93% A ser * 88% division— ref M 4s series D 1976—— conv Pa 5s series Beneficial,Industrial Loan 3%s Bethlehem C Jan-July I960—April-Oct *" Borden First First First 41 46% 33% 90y2 1962—April-Oct 1963..1 1964-: ser series due mtge 4%s Bell Telephone of 55% *46 95 __ t ,•. 94V2 RR— Toledo-Cincinnati 36% 54% (interest __ * June-Dec 1959 4s M First April-Oct -Feb-Aug A 2012 (State consol due Boston * (interest 1953— Plan first 1st , 2006 2001 387a — 80 ... Bangpr & Aroostook RR— A *39% 72 June-Dec (3%% fixed & 1 % '/c "contirig hit) ' 31 % 6% 6 i ' 75 •!-_ June-Dec 1963——. G S'western 35 31% 10 11 *140 A June-Dec Steel Corp— debs & Co Maine 2%s debs RR— : 2%s mortgage 96% 11 96 % 97% 112% 95% 116% 96% *97 100 99 ! 97%" 100 87 101% 101 % 99% 104% 987/8 *82 ~9 100% *98 96% 97 16 , mortgage series 5s AC 1967.' Mar-Sept mortgage 5s series II 1955.—May-Nop mortgage 4%s series JJ 1961—lApril-Oct mortgage 4s series RR 1960 '.Jan-July General *95% 1981_.__—Mar-Sept AInc mortgage 4%s series A July, 1970—May-Wop Bristol-Myers Co "3s debentures 1963—lApril-Oct Brooklyn Union Gas 4s debentures 1969—Mar-Sept of)— 112% 113 , , mortgage (The) 112% 1961_May-Nov 2%s series I 1970—„_,Tan-JuZy Consol mortgage 2%s series J 1976.——May-Nop Consol mortgage 3s series K 1979——.—Jan-July 2001— Jan-July to Plan G%s pursuant reduced Plan 2.25%) 2.375%) secured Stamped Grande to pursuant reduced to 2.375%) pursuant reduced IA Rio de Janeiro {A8s Ao 3%s K 'Series » 6 ! 43 V* 49 .38 *134%<is- __ -June-Dec 1955.——____• Pittsburgh Lake Erie & Refunding 4s series A 37% ~5% 12 60% 35 •: 1 66%;" — April-Oct Air Line A4%s convertible — 8% - *151 . 20 7, «. 95 1% fixed " 31% 14 34% H' 1980______.Mar-Sept Refining 2%s debentures 1966——Jan-July Consol (City of) — stamped pursuant 1 mortgage 4%s-4s Ref i Alegre 7%s ftlo *5% 36 *68 __ ____Jan-July July Series 50 *34% A4V2s assented 1958.*— —April-Oct 8AStabilization loan sink fund 7s 1947—April-Oct A 4 Vis assented 1968 A4%s Coast fixed and ; - 96 48% *— r contingent int2resl) July 1975_April-Oct Refunding and general mortgage 5%; (2'/«/ 697. 96 .Mar-Sept (Republic of) external 7s 1959 Mar-Sept A Not loan extl s f 6s 1st series. I960—June-Dec ANat loan extl s f 60 2nd series 1961—April-Oct IA Poland (Republic of) gold 6s 1940—April-Oct 52 .. 64% -<■ Mar-Sepf 1966 April-Oct July mortgage and 1 32 . 2008 52 INDUSTRIAL 1956 1995 4s Charlotte mortgagees mortgage 5% First 97 90% 48% -Mar-Sept (interest APeru External AND 1966.. 5s First > 95 - , redyceq 4s & Baltimore & 98% 97% 54% >. June-Dec — 4s Co General unified 4%s A Gen 99% 98% - 73 Topeka & Santa Fc— Atlantic 36% 96% _7 — 65 42 B 34% ... 96 . 37 8 49 > 96 *98% 100 35 36% 49 — 54 4 Series loan (State — 6% 91. " Feb-Aug Apri.'-Oct 1969 Atlantic 57 1L 83. May-Nou : debenture gold first Products First , .30 5 60 651/* Feb-Aug * r. debentures debentures W " ~- Stamped pursuant to Plan I 1961. Series Mar-Sept (30-yr) 1958 —_May-Nop sinking fund 4%s 1955_ LApriZ-Oct extl IAPernambueo Porto ,1 1971 Co Arbor P ... 67 8% 52 % : i____Feb-Aug debentures Tobacco Stamped 47 88 44 ; 1980—. convertible Atlanta 49 : — 18 88 52 ' Jan-July - '26 debentures A ( *48 Stamped extl 66 (State)— reduced ASecured ' of loan convertible Ann , extl sinking fund 6%s 1958—Mar-Sept Stamped pursuant to Plan A (interest A ^ 1957 3s 17 16% .11 12% 5% 58% .. . May-Nov 1961 General 1963__jan-July ASecured i 1979 — (1942 agree't) .. . ;May-Nov (City of)— debentures Atchison ; Geraes w. , 1979 - 3%s ; 11% ' 127/8 64% 54 Mar-Sept 7 ' - 1958— 2%s ? Jan-July ._ ASmall ; readjustment — 13% 13% 59% —June-Dec Valley (Dept of) (City) external 7s 1958 American ~ 1933 r L.— deductions 1975. debentures 1986 3%s "5% , . 13% 9% " • —April-Oct 1 (assented to 1922 ASmall , „ agree— / Jan-July ; 1961— — — new A6s new assented Oslo '27 2%s convertible debentures 3%s debentures 1973 15% ' agreement) A Milan 1971__ of 23/4s convertible debentures 2%s debentures 1982___ 27/es debentures 1987 15 00 8 % —Jan-July ASmall A 6s /,/■: 9% 18 > — loan assented extl >\2%S / 23/4s 13% * 1945 I ATreasury 6s of 1913 Minas 15 1 .6 10 5% 88 V f " __ Corp 3%s s f debs 1964—May-Nou American & Foreign Power deb 5s 2030___MariSept American Telephone & Telegraph Co— — .13 T;.'; / June-Dec ASmall A4s 15 " American Bosch to due assented 1910 ment) P (assented agreement) new f s Ltd—U. / -'' — 15 *14% ALarge 65% f" " 10 *7 June-Dec 1978—June-Dec 2%s — 76 57% _ 63 June-Dec 1978—_Feb-Aug A6s ASmall A5s June-Dec , Allis-Chalmers Mfg 2s debentures American Airlines 3s debentures " ' w« ■ v : 72 60 ...- /. v 1972—Jan-July Albany & Susquehanna RR 4%s 1975 April-Ocf Alleghany & Western 1st gtd 4s 1998 April-Ocf 9 7% mmm / 79 10 • __ Alabama m— 1 9 ASmall SA5s 1952 v Alabama Great Southern 3%s 1967 Power first mortgage 3%s ' • mum mm—' ~8% "8% * 63 lo May-Nov conversion Yokohama ALarge I (40-yr) A4%s 56% . J. 1943_May-Nop 56% *57 4° . agreement) 1943 due 1899 f s Electric Power Co A Warsaw 80 '38% 5 /; 75 63 5 J Valle Del Cauca ^ < J55 2 73- * __ —May-Nov RAILROAD ' 1968 (Republic mtge 37/8-4VB-4,Btfs external 87 ' *9% 80 „ 4-4%-4%s external readjustment 3%s external readjustment 1984 10% 15 67% 66 *■: 6S 59 » 1962., External conversion 1 ;t/; , ' Mexico external External 36 '56 31 58- 2 *55 AExternal sinking fund 6s 1960.1^—--^May-Nov AExternal sinking fund 6s 1964: —May-NoV/ -/ r_% 3%-4-4VaS (dollar bond of 1937)—- V- • • " 59 48%. . < (1942 (Kingdom)— 1st mtge $ ser 1953 54 - 29 V i 79 59 __ April-Oct A7s 1st mtge s f 1945.1— -r---—-Mar-Sept IA Uruguay -(Republic) external 8s 1946ii—Feb.-Aug 76% 55 1* 104 '■■■■; 70 77- Ujigawa Electric Power Co. Ltd"— 10 7% , ' 61% 79 • *_r. Jan-July sterling loan of '12 1952— Tokyo Electric Light Co Ltd— </ 1 "• " 36 34% J May-Nov 1957—April-Oct 1978 (1922 assented * rr 54- Jan-July Jan-July 65 __ __ Jan-July 1968 > 7 " ' 6% Ar 55 *61% Mar-Sept 2004 See Cauca Irrigation— ASmall • f ' 28% 79 ' 1965 bonds $ 2.25% ) & Slovenes 1st A5%s 76 '• 71 57 58 » __ Jan-July .» 1956 A 5s 29 Va . • 47 35 L Mtge Bank) 7s (Colombia) 6%s 1954 {A4%s assented ANew 36 33%' ; 1954 (State 30-year 3s 34% 35 . (Kingdom of) 7s 1951 Japanese (Imperial Govt)— extl 44% t 36 Mar-Sept 1952, 1999 loan dollar loan Tokyo (City of) ' Altaly A6%s . 71% 4 • Jan-July 1947— 2.5%) water secured Taiwan 63% Works j Utility- External 8% *75 Jan-July for Public 1977 B Public Credit f s Consortium 37c series Italian extl 9 8% Feb-Aug April-Oct 61 __ *56% - w Sydney County Council 3%s 1957^—Jan-July 78 V 5 8% Mny-Nop 1 1960 to (Prov of) external 7s 1958 A4%s assented 1958..————_ 54% J ' , Italian r4 46, " 58 39 70 Jan-July ASilesia 10 y* part paid 1964 part paid 1968—, (City) external 6%s A6s ; 77 52% 1. 75 *60% . — Jan-July series B secured external 1962 A6'/2s 10 1 " * 1 • ' '68 57 75 A Shlnyetsu Electrio Power Co Ltd— 91 3 -r 46% — A8s 83% 58 Government— A 7s ' * 11 57 80 55 __ May-Nop 1950 external A5%s extl i Helsingfors A 75 Va -~3 52% Jan-July 1944 . (State of) Serbs Croats * 96% 77 59 *8% Jan-July 1967 2001 —— ' / 38% 51 42 70 Va 13 4t 3972 __ May-Nov Stamped pursuant to Plan A (interest reduced to 2%) 2012 ' ' '80% 5 f 80 ■ Greek "4 - • • 39 * _ April-Oct 8s 1952 2.375%) reduced to A6s Power— mtge gen 1976 bonds Jan to external 40% r. % 52 Feb-Aug April-Oct bonds Jan (Republic Consolidated A7s "• ' -'X •) dollar f f s Jan-June 1962 f 3s — 53% 40% Stamped pursuant to Plan A (interest of)— s AEstonia - i 1942 ,.June-Dec 4 *47% April-Oct 1955 4s/2S (Republic 3%s extl Great 5'/2s gold Salvador 2004 A7s . to i. 53V* *39 __ Stamped pursuant to Plan A (interest 77 60% 30% 2 39% *38% Jan-July reduced 2.25Vc) to 6%s 1952 (City) reduced 19 (State)— assented (interest 67c) extended to 1960 lADenmark 20-year external 6s reduced external 56 21 - / Stamped El 1978 May-Nov _June-Dec 1936 stamped pursuant to Plan (Interest reduced to 2.5%) 1999 A8s 13 111% 111% June-Dec 8s 50% 56 65 65 San Paulo ... — — High stamped pursuant to Plan A reduced Cundinamarca (Dept of) — 30-year 3s sinking fund $ 1966 2004_ secured sinking fund 1957—May-No^ Stamped pursuant to Plan A (Interest reduced to 2%) 2012 May-Nop 91 46% — t Low A6%s extl 92 88 ' — 47% — *52 May-Nov 1977 due 1926 Jan. 1 t No. Stamped pursuant to Plan A (interest 7% 88 • ■ _ 47% Feb-Aug ' *52 May-Nov Rica of 2.25%) (City of) Paulo 37% 6 — -- *52 June-Dec (Republic of) to (interest ARome 37 50 — *89 47% May-Nop (City) 5s 1952 gold 4%s 1953 1967 37% 35% *89 Jan-July 25-year loan Range Sine* Sold — ' April-Oct April-Oct Copenhagen external (State of)—(Cont) Bonds High Stamped pursuant to Plan A (interest — *50 April-Oct Mortgage Bank 6%s 1947 do Sul " — ~ *36% § ASinking. fund 7s of 1926 due 1946 § ASinking fund 7s of 1927 due 1947 Cuba Rio Grande 37% ' ' *36% 1951 sinking fund dollar bonds 1970 lAColombia ACosta mm-m Friday's or Bid A Asked Low 51% 36 50 June-Dec 1960 - 51% 37% Week's Range Last Sale Price High 37 *50 Mar-Sept Ry) Low 50 May-How Mar-Sept 1960 Period (Republic of)— of A 6s 3s *36% 1962 6s Municipal 7s (Hukuang Colombia fund Interest *50 May-Nov — 1962 assented AChinese A6s 1961 sinking BONDS New York Stock Exchange No. High *36% April-Oct April-Oct 1961 1 Jan. I 51 June-Dec fund 6s ENDED JUNE Range Sine# Sold *50 June-Dec 1961 sinking AGuaranteed June-Dec June-Dec ASinking fund 6%s 6%s assented 1961 AGuaranteed 1957 WEEK Friday Bonds Friday's Bid * Asked Low AChile FOR Week's Range 1976___v ♦102% *„ 88 102% — 87 93 82% 83 20 53 82% 53 54' 49 *99% 52% 93 90% 71% 100 ~4 104V4 104 % 94 95% 25 96% 97% 6 76% Jan-July 82 94 104% 80 100 104 105% 94 101% 95% 101% * external loan of 1921 Stamped pursuant to Plan reduced 1946 A April-Oct *59 60% ■' 60% (interest Buffalo to 2.5%), 1999— —April-Oct external sinking fund gold 1968 June-Dec Stamped pursuant to Plan A (Interest reduced to 2%) 2012 June-Dec A6c For footnotes see page 29. 1st mortgage Us 1980————————Jan-July Buffalo .Niagara Elec first mtge 2%s 1975_May-Nov u- <* -♦45 47 42 47 47 * *48 49 V. . Rochester Stamped Bush Consolidated *36 37% 34% 36% Bush & modified Terminal Terminal Co 3s" Pittsburgh Ry-r4%s 1957.—— first 4s " ~ 97% • '.May-Nov 80 1952—.j—April-Oct Buildings As-gtd 1960^.—lApril-Oct . 71 85% 102 2 98 101 103% 103% 2 103 105 98 • 76% 98% 98% *99% 100 1955—l-_'———i—-—l/-J7a»-July *"1 •«r*T f SSW wauvftu. inm»s^'"'t.urwx W WfWtf , ** Volume 173 ' Number 5017 . . (2311) NEW YORK BOND RECORD RANGE * BONDS New York Stock Friday Interest Exchange Period California Electric Power first 3s 1876 California Oregon Power 3%s 1974™ Canada Southern consol gtd. 5s A 1962 Canadian National Ry— .or , , Sale Price . '■ - Ry— 4% conv debenture stock Capital Airlines, Inc— " debs series 4? A Jan-July (perpetual) 1965*. First mortgage guaranteed 4s Central of Georgia Ry— First mortgage series A AGen -100% 100Vi 2 .101 Ya. 100% 101% 96 1948__June-Dec —Jan-July 73% 105 * 106% 65 __ 10 20 102 "A 104 73% 1021/4 104 72% 96% 54% 35 54 87 51% 50 y2 511/2 116 49 59% 98'/a 98% 3 101% 101% .10 „ 97% : 104i/2 101% 102 102 »/8 'A, - 103 Chesapeake & Ohio Ry— General 4,Vis 1992 Mar-Sept impt M 3 Vis series DJ1996—May-Nop impt M 3 Vis series.E; 1996 FehrAupr. /. 122%. 122%. 100 101-1/8. loo'A ; 100'% 100% . Refund and Refund and . — Refund and impt M 37/8s series H 1973—June-Dec R & A div first consol gold 4s. 1989 Jan-July Second consolidated gold 4s 1989_i Jnn-July. -Chtcago BuTliugtori & Quincy RR— General 4e 1958— » ; .7 refunding .mortgage A General First mortgage inc 5s mortgage 3% series inc B 1985 mtge 4Vis Jan 1 1st mortgage 4s A 2nd inc series mortgage 4Vis inc Jan *__: 73% 78%., April 61% 55% 55% . ' 5 301 •99% Elec debentures Pwr sink Consolidated Cigar 97 y4 of 08 98 95 % } ->,.95 Vi >*93 95 106 102 97'A. 102% 102 • - 3%s 33/4s • 110 97'A 100% 94% 100% 98 98 mtge convertib.e Ss ser 82% *ii;' 66% 93 82% 82% 100 v- .,, 65 98% 101 Ye >'■, 99 67 64 110 64 2 95 Consolidated Gas Co of .— *100'A 15. . 65 A ref M 27/8s ser 1st ref M 2%c ser 1st ref s f T U 23/4s . 63% 73 95'A A ser 105'% 97 B C 101% S0% 20 V_> 101% 1982_Mar-Sept 1977-April-Oct 102%; 97%, 102% 101V* 101% 17 ft)0% 106% 10 100% 1051% 8 95'A 101% 96% 101% 91 108% 116% if 108% 97% 108 % 108%; *76% 78 74% 73 103% 103% *92% 103 % 98 96% 95% 96% 96 100% 4 96 102% 10 95 96% 96 105%. 93% 93% *97 96% 80 76 *74 103% 101'% 94 96 Feb-Aup 100 102% 102% *108 107% 109% 140 110 *— 139 103 103. 142 1 5 *„ 107% 112% 108% 107% 107% 103 112% 108 104 % ' inc 4%s ser A.Jan 2015 April mortgage 3'As series E 1964-April-Oct consol 74% ' 73% 74% *99%, Jan-July 23 73% 89% >— 82% 99%, 90% *__ • _-v *__ Jan-July 99% 96% 90 94% 10U 1971—Mar-Sept AFirst *100 Map-Nov. 96% : 100 II > 104,1/4 104 »/♦ - — 101% 101% refunding 5s series A 1974—Mar-Sept ACertificates of deposit Mar-Septi 18 100 103% 102 102 10 100 102 »/a 73 74 42 72 82 81% June-Dec and 81% 74 General Realty & Utilities Corp— ' A4s conv income debentures 1969—a——Mar-Sepfr Goodrich, (B F) Co first mtge 2%s 1965—Map-Nov Great, Northern Ry Co— * . General 5%s series B )952— General 5s General 4%s series D series C 95 1976 101% mortgage 2%s series P 1982 Jan-July General mortgage 2%s series Q 2010-—Jan-July General mortgage 2%s series R 1961—Jan-July AQreen Bay & West? debentures ctfs- A -Feb ; Gulf States Fist inc trust mortgage 3s B Jan 1968_ 2044 94 93 101 % 94% 93% 101% 851/2 76 76 *93 76 31 20% 85% 96 72% *70 *19% 96 76 93 93% 80 19% April 102% 102% 80 101 101 67% 61 VB 30 Va 102% 20 80 1 101 N 1051/4 *— *11 67 76% 102 101 102 >/» 100% First mortgage 2%s 1980- 102 95% 98% 102% 102% 94% — April-Oct 102 % ■ Jan-July June-Dec 1979——— 88% 100 102 *95 791/2 2 30 67% Jan-July — 1978 2%s 122% 87 1st mtge. 1976—Map-Nov, 1969 mortgage 128% 113 . series 3%s 103%. 118% *— series B 1975 Utilities 2%s debentures First 4s 96% 101% *85% Feb — 119% *113% 114 eneral mtge 95 98% *118 Jan-July general mortgage 3%s series O 20(Mh-_—Jan-July mortgage 3%s series N 199Q—--Jan-July.- and refunding 4s 14. 101% 101% Jan-July ——Jan-July? 1973 A Debenture certificates B Gulf Mobile & Ohio RR— 95% 98% . . 94% 94% 5 June-Dec H first mtge 2%s Hocking Valley Ry first 4%s 1999 Finance Corp income 5s 100 -Jan-July 123 123 _Jan-July *— 1962 -June-Dec A ser A 5s Feb *— — — 2%s 1970 Hudson & Manhattan first AAdjusted 1976- .Mar-Sept- 1957— —Feb-Aug 1957 1— .April-Oct 99% 92% 3 105% Illinois Bell Telephone 2%s series A First: mortgage 3s series B 1978— 97 99 104'% Dlinois 92% 99% 102% 104% 100 102% 95% £5VB 93'% 97'/8 97i/8 8 100% 96% ~1 123 97% 100% IOOV4 100 ■ 129 97% 101%. 99% 3 - 101 % 67% 67% 691/2 43 66 76 39% 38 40 75 38 54% 32 95 102 99% 105 3/4 99'A 991% Collateral 99% 105% Refunding 99'% 105% 4 98 7% 99% 119'A 126'A " 1986 105% Jan-July 98% 103% £9'% 99i% 104 'A 97 97'A 98% 108'A 116'A *113 Map-Nov ?. 98 98% 100 - *97 5s 98'A ' 98% .1001% 27 3 '98'% 102 96 % 104'% 100 103 3'%s 1946 1946- 35'% 42% AFirst 89 90 AAdjustments 28 25% 32 June-Dec *36 36 41 June-Dec *36 , 40 1 37% v 1 ' 105'A 100% -v" 20 — 102 »/4 103% 105% 100% —. 101% 102 May-Nou gold 3%s gold Term 3s 1953 1951--.' gold 3s 1951 106% —Feb-Aug w first 101% 101'A 104% 3 101% 106 % 106% 14 100% 101% »- Jan-July 106% 69 98% >*— Feb-Aup gold 4s 1951 L— ; 102% 102 102 % 100 ,se 101% 100 h ft 1001/4 100 3s* —Jan -July I 108 ' . 100 '/2 100 Jan-July first 106 108% 100% ' Feb-Aup Feb-Aup *991/2 100 V? 100 . 107 107 107% 10053 100 S3 10053 17 106% 103% 103% 4 102% 106 100 3 99% 102 *— 100 96% llO'A 96% 99% 93% 105% ^International Great Northern RR— 54 91 41 105 •108% — - 58 56'% 37 21 105 103% 103% *100% Indianapolis Union Ry Co— Refunding and imp 2%s series C 1986—June-Dec *89 > > *100% 103 103% First refund mortgage 4s series D 1963__June-Dec Dlinois Terminal Ry 4s series A 1970—I—Jan-July *54% 28% 96% „ —' May-Nou 1951 Registered *35i% - *— *108% Jan-July Illinois Central and Chicago St L & N O— • Joint first refund: 5s series A 1963 —June-Dec First and refunding 4%s series C 1963—June-Dec Jan-July 1 1953— 4s 1966 Division Jan-July . gold 1 99%. 96'% *101 April-Oct 1952™ 1955 * 114% *— 98% trust Western Lines £9 Vi *99, » Omaha 1952— May-Nov Louisville Div & Term Gold *99 4s 3%s Debenture 4%s 107 — —April-Oct gold 1955 St Louis Div and 105% 105% April-Oct 4s lines 102 13 trust Refunding Purchased 95% 123 122% 124 96 96 June-Dec May-JVou 5 99% 99Vi 95'%. 101% 92'% 1981—Jan-July RR— Consol mortgage 4%s-3%s ser A 1979—May -Nov Consol mortgage 5%s-3%s series B 1979_May-Nou Consol mortgage 3%s series C 1974 1 99% 100 99% Central Collateral 95% *92% 99% (Bait) 1952 ! § A Deposit? receipts §A7%s series A deposit receipts 29. 90'% 107'A 92% 123% 1st mtge 3y8s 1966 Map-Nov jACuba Northern Ry first 5y2s 1942. June-Dec § A Deposit receipts June-Dec i 1 97% *100% 104% 1979—Jan-July Feb-Aug V— page 103% 76 95% April-Oct , *103%- June-Dec . Crucible Steel Co of Am see 33 if-. 101 *97 April-Oct Feb-Aug April-Oct Natural Gas 2%s 1968— April-Oct Consumers Power first mtge 27/8.1975——Mar-Sept Continental Baking. 3s debentures 1965 Jan-July Fo> footnotes 96 23 . 97'% 88% 101% *100% 101% Jan-July receipts 11 76% *98%, 99% 100% 101 Jan-July Feb-Aup 997% - 76. " Consolidated § A 6s series B, deposit 98 76'A —june-Dec 104'% ; ~9 1972—June-Dec 1981, ACuba RR first 5s gold 101%' 102'% / ioiy2101% April-Oct 1976 debs 1962— April 1980 Hudson Coal first sink fund 5s Feb-Aug City— X -Jan-July First consol mortgage 2s series H 1953—Mar-Sept Ohio Division first mortgage 3'As 3s 101%. 106% 99'% *93r100 June-Dec 1 1963 ser 96% 1955—Feb-Aup 1961 ser ser General mortgage 4 y2s 1954 Consolidated Gas El Lt & Power 1st 98'A fixed Erie-Railroad Co—-- Collateral 79% 10iy8 — 98% •>.>>>, 1981 Bait 88% 77. lt)5V4 101 96'% April-Oct. General 89% *89% > 101V4 IOIV2. 1970— -May-Sept 3s series E F (3% Jan-Julpi General mtge ino 5s series A Julyv2015—^_April First and refunding 3%s series D 1969—April-Oct? 95 ' debentures 82 75% — >97 East Tenn Va & Georgia div first 5s 1956 May-Nou Edison El.Ill (N Yb-first cons gold 5s> 1995_Jan-JuIp. Elgin ■ Joliet & Eastern Ry 3%s 1979_ Mar-Sept El Paso & Southwestern first 5s. 1965— —April-Oct 5s stamped 1965* First York— 25/&s 2 88% *77'A *102 General "V refunding 3s series D 1972 ___May-Noo First and refund mtge i 102 98% First and i :: 97 100 95 V ' 14.' > - 98% mtge conv 98 *971/2 mtge 2%s 2,Vis r 103 101% 100'A 96'A, 102 Feb-Aup '(; > New 2%s mortgage Household refund mtge 99% » 101% 99 June-Dec 1999 fund 88% .Map-Nov Hackensack. Water ; and-refund'mtge 23/4s rel 4 „ *96% 89% refund & u 97% *103% *101 V'a First and 3s 105% 102 1964—April-Oct FVst and 1st 89 85 >78 1 *100 Jhn-July Corp 3%s 1965 Edison 88 101% 102 13 Map-Nov First mortgage 3s series L 1977— First mortgage 3s series N 1978. 3s sinking fund debentures 1999 First 4 99% 97% 1990—May-Now 197^-—— Ohio 80% 100% , June-Dec 1980— Commonwealth E'dison Co— River V 103.%; 103% June-Dec Columbus & Toledo first external 4s Consolidated 99% 82% 78 ,->1001A 100% 100% June-Dec 3s debenutres series A 1975' debentures series B Conn 82 *100 - System Inc—*'".•>•:.•>>■■'♦' Columbus & South 31 General and refund 2%s series I 1982—May-Sepf Gen 61 ref mtge 2%s ser J 1985_ Mar-Sept 3s convertible debentures 1958 June-Dec Detroit & Mack first lien gold 4s 1995 June-Dec ASecond gold 4s 19951 Jtohe-Dec Detroit Terminal & Tunnel 4%s 196T_ Map-Nov Detroit To! & Ironton RR 2%s ser B 1976-Mar-Sept Dow-Cheniieal 2.35s debentures 1961—, May-No» 100 100 lis 1985— 3s f 2'" •'«' 'V - . - Colorado Fuel & Iron Corp— First mortgages and coll trust 4s Gas 84% 1985— Firestone Tire & Rubber 3s debs 1961 ^Florida East Coast first 4%s 1959 94i% /C i7 v'96<- • 100 .v 1963 1982— modified) ■; , .dt — 78 —Mar-Sept Cleveland Short Line first gtd 4%s 1961—April-Oct Colorado & Southern- Ry— ■ •• V >>(stamped ,j , >,<.■'* Illuminating 3s 1970 2%s 87% . 99% *__ Jan-July St Louis Division first coll trust 4s mortgage , 61%" 74'A 155 92 99% 1993—— '—June-Dec Refunding and impt 4V2s series E 1977—Jan-July Cincinnati Wab & Mich Div 1st 4s 1991_Jan-JuZp 3s 79'% 83% 99 74 June-Dec, ' General 5s series. B s 62 * .... — 2%s 54 63% *96%- Cleveland Cincinnati Chic & St Louis Ry— General gold 4s 1993 June-Dec ';>• 64 y4 Jan-July- CiLy Ice «te Fuel 2%s debentures 1966 City Investing Co 4s debentures 1961 First: mortgage 71% 87'A. *86% First mortgage gtd 3%s series E 1969—Feb-Aug First mortgage 2%s series G 1974«_>_ Feb-Aup C I T Financial Corp 25/8s 1959 -—April-Oct Cities Service Co 3s s f debs 197&< —_oJan-July Columbia 71' - > , . 4%s 21 62 - , 1st 74%. 62 y2 . 90'A 7 1041% 73% Jan-July . 1994 -Cincinnati Union Terminal— V ; 101 99 63 RR— 3'/as series F Electric 70'% 99 1999^-Aprll 63% 2 72 71% .Map-Nov mtge 3%s series F 1990 First consol mtge 3%s series G 2000 76 55% 99% 90'A 71% Map-Nov May Denver & Salt Lake— First consol 52 73%. Jan-July 27/8s series G 1963 Jan-July^ Chicago & Western Indiana conv 4s 1952—Jan-July's First and refunding 4%s series'D. 1962_Mar-JSep< Cincinnati Ghs & Elec 1st mtge 2%s 1975_April-Oct First mortgage 27/8s 1973 -Jan-July Cleveland 61% 5 901/4. 1973— General mtge 98 99% 99- refunding mtge 2%-4%s 1994_Jan-July First mortgage First mortgage 55%. *95%, . Chicago Union Station— 78'A » Memphis Division 1st gold 4s 1951— June-Dec Chicago Terre Haute & Southeastern Ry— 2%-4%s : 100'A 87% 20 101 i inc. 4%s Jan 1 series B 1989 mtge 27/as ser A 1980^: Chicago St L & New Orleans 5s 1951 First and 98,., 95 V2 " 130y2 4 62% 102 'A 95 2042 A ser mortgage series A First 61% 5s 99 'A 5 E 101 13 78% 1 1 95% 104 „ 101 U25 i May 991/4 95% 1071/2 . .U--v. 88 99 1st Income y2 1013A 991/4, v 101, 71%;. 125 Jan-July April April conv First mortgage 3s Chicago Rock Island & Pacific ■: ' 78 y4 Jan-July RR— 4« series A 1994 mortgage ; :V93 ' series C 1993 1% contingent interest) 1993 Alncomp mortgage series A (4'%%, contingent interest) 2018 vi 111% ; >497 % . 72% ,'73%V 80 y2 80 Vi 87 April General mortgage! 4 %s inc ser A Jan 2019 4.Vis conv increased series B.Jan 1 2044 Second 94 *— 95% 97 106 June-Dec Duquesne Light Co 2%s 1977—. 1st-mortgage 2%s 1979—— 1121% ,106 97% . *93% Jan-July Chicago & North Western Rgt— <104 / *95,; 101 2003—'—April Chicago Indiana & Southern 4s 1956 Chicago Milwaukee St Paul & Pacific First mortgage 107'/a 110% 117 3 106% 5s due 1st mtge & coll tr 1st 7 106 Map-Nov 1983 A Jan. ser 103 :1 105% 106 —Map-Nov 2038 A 98%. 105% 8 9 >105% —April Chicago Indianapolis & Louisville Ry.— A 104% I 1' ' 1997 Chicago & Erie 1st gold 6s 1982 Chicago Gt West first 4s series A, 1988 AGeneral 98 '/a 110 Feb-Aug conv 133. ' ..110% 110% lOTO^Fefo-jtup •/ '."'"'V'" "* "r- 111 RR— 14 103% 104 110% 122% " ,100%/- _ 1st & ref mtge 3s 199G— Chicago & Eastern 1 # -Mar-Sept First and refunding 4Vis series B 1977—Feb-Aug First and, refunding mortgage 3 %s. 1985—Feb-Aug First and ■ = . — High April-Oct Income mortgage (3% fixed 1% contingent interest) 1993 Detroit Edison 3s series H 1979 104% 105 refund M mortgage Morris & Essex division Collateral trust 4-6s First • V 102 r.w_,,r. . Low Denver & Rio Grande Western RR— 85% 85 54- *103 Jan. 1 No. .May-Nov 1st mtge & coll tr 4%s ser B 1985— .Map-Nov Delaware Power & Light 3s 1973 April-Oct First mortgage and coll trust 3y8s 1977. June-Dec •First mortgage and coll trust 2%s 1979- Jan-July 1st mtge & coll-trust 2%s 1980 Mar-Sept 103% 102 99% *711% Range Sine# Sold >100 1965- Pennsylvania Division— 74 100% and .Alncome 100 54" May —Feb-Aup Feb-Aug Jan-July.. 1965 92% B Delaware Lackawanna & Western RR Co— New York Lackawanna &. Western Div 101 y2 100103% 102 73% April-Oat 1968- 109% 102 ♦II 1974 Central Pacific Ry Co— First and refund 3V2s series A 1974 First mortgage 3%s series B 106 100% 108'/4 *— Bonds High *— June-Dec 1978 Dayton Union Ry 3'As series . Feb-Aup Feb-Aup Friday's *96% -Jan-July A Deere &, Co* 2%s debentures 1965—. Delaware & Hudson 4s extended 1963 First 1011/2 1011/2 mortgage 4%s* series Ai Jan 1 2020 series 109% . or Bid & Asked 1975- April-Oct 1978 mortgage 3s 111% *60 ; mortgage 3s First 106 95% first mtge 2%s First 107% 2 & Lt 104ya 110 10 June-Dec 1995 deb 3s 108- April-Oct ; AGen mortgage 4lis series B Jan 1 2020 May Central RR Co of N J— General mortgage 3Vis 1987 Jan-July Central New York Power 3s Champion Paper & Fibre 971/a 1021/4 >105 1981 Celanese Corp 3s debentures 1965 Celotex Corp 3%s debentures 1960 3 Vis debentures. (1947 issue) 1960 S A Central Branch U P first gold 4s 8 11 ^931/2 Last * Sale Price D Mar-Sept< Carthage & Adirondack Ry— ^ Period Low Dayton Power 100%. .. Interest Exchange High 10 Mar-Sepf Carolina Cljnchfieid & Ohio 4s Low New York Stock 106 1061/8 1061/8-106 Ve 106 "a ._Jan-July 1960 No. Week's Range Friday BONDS Jan. 1 17 V2 108 Feb-Aug Mar-Sept 1 Range Since Sold 102 y4102'/2 102 y4 June-Dec 1951 WEEK ENDED JUNE 100 - 97 Vi April-Oct Bonds- Low?. High *— —May-Nov 1956 Friday's Bid & Asked „ June-Dec •Guaranteed gold 4Vis 1957_ Guaranteed gold 4%s, 1955 FOR Week's Range jLa^i „ Guaranteed gold 4Vis Guaranteed gold 4%s Canadian Pacific *1 The Commercial and Financial Chronicle . r: 41'% 6s series 6s A 1952 series A JUly AFirst 5s AFirst J&n-July 1952™_April-Oct gold 5s series C 1956 series B 1956 Inter Rys Central America *87 98% 100 54 52V2 54 14 104 49 57 J an-July 1st 5s B *91 % 95% 88% 99 Jan-July 1972—Map-Nov *91% 97'/4 88% 99 ♦97 98% 97 100 , 27 (5312) The Commercial and Financial Chronicler.. Mondays June 4, rr^*. HEW YORK BOND RECORD o;-RANGE FOE WEEK ENDED JUNE I .i " • Z'VZ'V *■"■■■ .-■TwUmj:- ir«k'«IMC*. •,: or Frliay'» :.~r»9 ON D8■■v,: Lust *Ben4e v X«rk StMkExchange * •/>- -P»rW •; 6»i*Priee ■ t-'• »«"••« .4,.» - M •. ~ *..n ■ 7" Jamestown Franklin ■n "• & ,*»Jer8ey Central Power y' k R^J^Aake*-^ v Xo«e ^ Z-- Low No. 1st 4s 831/» *96 " 83 'a : New Orleans Texas ^ Mexico Ry—(Cont)— .,1 AFirst PI ret mortgage ,2%s 1978-»4->-.ii.i Vf . 1st mortgage 2%s ^-'-:Kiuisae City Southern 198ft Ry 4s ser A 1975 B 1968—_ City Terminal-Ry 2%6 19747 Kentucky Central 1st ratgje 4s 1987--^Kentucky Si ItuJtaha Terminal-4W First mortgage 39'»s series .Plain 1981 1981 4%S -April-Oct 102'/*' —— ™ Unguaranteed Jan-July 1961— -1»437V'.- —-Jan-July Jew-July Jen-July ^-—L—™ * 102 > *ioo'/4 : ' 101 , 1013V ' '■ ioo?ivio4yv ; a0il34v 102%. — 74» - - - 3Mis* registered-1988—Z—-——FeVAug' -* 3-%s registered 1998 New York Chicago k 6t Louis— 250 •' 242 •■ __i 72;/.:/■ 87?%-, z, 100'^ 1033/4 21:" " ': 85 "• 72%. 73 ' • — - 1 60 60% VV 60% ? 613/4 *58 IIs/ '' MV-'" ■♦■11' * • 60%>' -60% -. ^ : / 62-% -63 '• ' 60%/' - 72; :/■" **•' • 1003V ' 94- 94 1 - -- 99 §5 94* ' : 94 1 ••'4 87%88 ; / k Afuy-Nov 2043_i„—Jan-July'' A Mortgage-4s-series .^Plfst •' - 97 97 *-- * 84 v 5 88 y!02'/»' 82% < 1975— -reg June-Dec 963/4.;/ "9G 96 96 96 ' ' 93% : *94% > y . • 4726 extended to : -**V/2 'v ' 100 -; . . * 85 89 87% . 95; 85 V /: 85 7, 4s71955 Y Power & Light N 9/tf . .v - . 80 93% 80" 68 1 •i.; C 5s 82 85'/' ♦82% 1974—Jan-July fixed V ♦62% 2003—Mcy-Nov 2003—L—i—A/uy-Nov interest 88 • first mtge 23/4s 1975__Afur-Sept ri-4lV Lorillard Electric- 7s Co series 53 2 10' *' ./." ' 5 76%// 1977— Jew-July. — ,_Jan-July^ {N Y Susquehanna M Western RR— ■ _April-Ocf April-Oct"" Feb-Aug. •— 84 85% v'.,Z ./ K V. •„ • 101% 102 1 "160% 101/ 7; ; 99%' 99% 90 121- 100% J 19G3-—April-Oct . 121 .-4 102% 102 y2 *'*—7/ 1980ll^'__—Afur-Sept 1955—' Afty-Nov LoyhsviHe Qar k Elec 1st ratge' 2%s 1979_.May-Aoy „ Norfolk k Western Ry first gold 4s 1996__April-Oct. 99% 1 4s ' /86% ,;V.s'/ v-.i .P--. S/ Macy (R H> -k -Co 2.7«s debentures Maine Central RR t<.• 4s-registered 81% 5 General lien •* 93 Y /f: ■103% 103V4 > h'vVl 96%796%A-/;.,. 5 103." ;..v•' • /: M 1975:._Afcy-Nov *' 107% 1997 Jan 1 'Y / v ' Afay-Nov ' ' 82 2 96% 96 %";'•// 2 '98 7/ 98 H'- : 3 *100 V". 1007 96 1003/4 ~ 49 ? • ;• , 100 -.102- 102 -% ';/•« tV." 4- ' Prior lien 40-year 5S 4s Piorrlien series series B •-2?/4S.Tdeberitures . "vV'V. • ■ n ' 100 'V* »—* -102 ♦ioi%-. , AFirst Pacific RR 69 1971^„May A Jan 1967- and First gold 5s ser H Mar-Sept Monongahela Ry 3%s series B 1966——_Feb-Aug Morrell (John) & Co 3s debentures 1958._Afap-Nov Morris & Essex first gtd 3%s 2000—. June-Dec Construction mortgage 5s series A 1953__May-Not/ Construction mtge 4 Vis 3V20 States Tel debentures 57 88 98% 99 : 85'/2 55% ■'/ 90 k scries/B 1955. Tel -V 25/aS 1986 1978— ; 98% 96% 69 85% 92% / 24 55% ' 18 86 y» VV 99 87 92 106 ; 104 1093/4 iooy2 225 89 60 104 104 Va 1103/4 60% 693/4 21 104'/a 111% 137 104% 110'%' 108% 109 359 - ,108% 109 64 64 2 59% 'V iooy2 60 64 99% 993/8 5 May-Nou 97 97 4 A/ay-Nov *— 93 1974__. April-oct Corp first mtge 3s 1965—. April-Oct 3upp!y 2*%s debentures -1967.—. June-Lee Naugdtuck. RR first-gold-'4s :1954'_£-"_i;_2"/. -May-Nov1 New England Tel & Tel C(>— Steel National 95 v" First guaranteed 3s 4%s series B debentures 3s 1961£^__ -A/cy-Nov debentures 1982—£ -April-Oct 1974—^—/— £——" .A/cr-Sept 'New Jersey Bell Telephone 3J4s 1988.-..— -J July debentures New Jersey -Tunction RR New Jersey Power Si - gtd first 4s 1986. --FYb-Aug Light 3B 1974— -Mar -Sept New Orleans Great'Nor 5s A 1983.— New Orleans k Northeastern'RR— Refunding k impt 4 Vis series A New -Jan-July debentures 1978 debentures 1983 B 1954.^ ACertificfltes of For footnotes see — -deposit.)..'.— page 29. 6 99% 105% 101 104 7/a 101 104 V2 99 98 -April-Oct 1st f s 4s v * • series E 1093/4 !99y2 4y2s series 10* - , • • 102 'V1 100% •- . . 10 /V M . 105 J' 99 20 ' 105 ya 1 98% 93% 101% 1 95% 103 y4 49 100% 105% 2 99% 104'/a 97 103 '/a 99% 99% *97 % 93?4 96 V* "I 93 96% 9334 101 16 96 103% 99% *•' .5. V 1053/4 101 .6 102 3/a* 102 % 14 100 3/a 100% , Y 105 V* 1 100 y2 101 100 y2 : ■ z' 105% 98 ; ' 104'/a 99% 30 « 106 & . 100- 2 94% 94 % 3 1003/8 :V 107% 101 105 99% 101 *98 fund Co— 103 1033/a 81% 93 100% 102 101 % *847/a 102% 89 .v ' * 1 101% 101% *102 *. AJ1965———June-Dec mortgage, 4 y4s General mortgage- 3yas series*F 1985 series. B series 1968. D first- 4s General 85 E ..- ■' „ *'•/. 100 1023% y 101% 103 • . 100% , . 1043/4 101% -101 % t ; * ' * ■- ■ -75%. First k First k First. k Pittsbgh Bessemer'& Lake Erie 11 96aa 5 85 % 86»/2: ' " .76% 75 = - 35 - *115 109% —Jupe-Dw ,, , - 98% 75 14 : 107% 107?4 - 94'/a 84 - ' 5" 5 104% 97 117 123 115 109' ...109%. 109%" .98% 98V4 _ 98 VV 983/a 1937—Man-July 2%S;1906_June-Dcc 14 98y2 "'- 25 -98 114 y« • 102% " 97*8 1021/4 96 102 *97% 98 96 102% *97 983/4 97% 103»% 9% .. -9 %- 118 . 9% 4 0% T3Y. 10 91/4 93/4 9% 6 99% V Afay-Nov 98% *97 -Feb-Auj deposiri/YL— 1975—z—; 9634 < Phillips! Petrodeum 2%s debentures 1964i—Feb-Aug debs 95% v refunding 2%sM973 SAPhihppine Ry 1st sink fund 4s 2?a$. conv 114 17 98% 1977.^1—-Jan-July & 105 15 96% 35 refunding 2%sr' 1967 -1——.-r—'LMay-Nov ': refunding 234s i97,4 —^j—tyl&yrNov:refunding 2%s 1981-—i——Li.zJune.-Dec'. t A Certificates of f, 1974.u-uJ--;jjr^tlL-Feb.-Augvr . . •' IO33/4 B 99% 109 Va. 77 105% 86 Va Jon-July; 104% 114% 96-% 1984____JanrJuly external 4%s "series..C 97% 109 95% 105 1S81———April-Oct Philadelphia Electric Co—^ First k refunding 234s 1971 '•• 85 105 102 Va series gold lOOVa lOiya ' 95% ,1960;— -April-Oct, ^ZyATtlcftfhife' 4s' April l990_iA—..A,—.iApril Pere Marquette Ry -33/es series D 1980—--MarrSept .... 109 ———June-Dec- series 1 17 109 100% I960——Feb-A ay, * General , 98% 109% 98% April-Oct 4!/2s 5s General -5s 105 99% 102 lSA 102%/ 3 20,/V MOU- *100 4V'4s 113%' •; - 107% *101 ioa% ;-i 96%: 96 3/4 trust ctfs Power & Light mortgage 3s "1975— Peoria k Eastern 102 103 *100% 101/4 M01%.1013/8 99?V 104.3V':) 160%, ioo3/4 100 3/4 • / 96% 1955—Jan-July •i; 101 103 95 5 ' 102 993/4 100 100 1964__Juwe-Dcc gold 4%s « 104% „ 100 100 __Af«r-Sept General ./''.9'8%7^/;f 100 *97 ,•» ;',HZ;X}Z.94% *102% 105 ___™™___MarrSepl 3V2S debentures Oil Illinois I—... General *99?4 102% *85 I4r /iooy4 100 »/4 April-Oct April-Oct — Philadelphia- Baltimore k Wash RR Co— *100% A/'/* ' v- ,,.6.-.• ,,94% "100% 101% VI00% 1952—Afay-Nov Pennsylvania Glass Band 3V2s I960—! June-Dec First 1952iYi. ■~Jati-Ju]y Orleans Term -first gtd 4s 1953— -JAU-July $New Orleans Texas k Mexico Ry— AFirst 5s series 99% 100H4 103 102 i*' .. ■ June-Dec 1987™-—-1— Guaranteed 102% . •-1 102% —" f-'m '101%: 1985^—-June-Dec 1S86 General 91 99 % 100% 97% 101% 95 *94*- — ; 101%. June-Dec refunding 2%s series T 1976 Pennsylvania 97 99 »/2 3^V - 97 3 io93/4 110 rr»'/">* 95% 101% ioi?4 - »■ t ,*^V"j , i debentures Pennsylvania Go— 105 12 -*98% 102/ , *101 101% kiit)-'*' .jf-'*1'4-*' 97V4 \ ;;ftRV|OOA% 993/4 7 99 ?8 102% 115 »/2 118% 231 109% 1241/a 97% IOI1/4 *96 - - . ~5 *• . 99 91 35 •' 100^:M05%! ' : 99%\ io5y» 55>' v/103 •M06,v.i,4v^v yVVS •96 v:*92 •4 Pennsylvania-Central Airlines— A3%s convertible inc debs Sept 1 1960__April-Oct iooy8 * 93 97% 101 y4 4 /-r . 3y8s 68 V* 92% loi3/* 102 Va V '•.Y"-*92— ••-•.:99r?l''.r'7 -•' /y-v-g-' \.95%- „;'WW 95% refundingM'/as series R 1982—June-Dec refunding 3s series S 1983 June-Dec- Paducah & 101% 97% *100 ^ Y'i". 96% V./-- 3s series L i974__^^__Juwe-Deei; refunding 3s series M 1879;^,—June-Dec Pacific Western 103 91 102'/« — refunding-3 %s series I 1966—..June-Dec Pennsylvania RR— Consolidated sinking 3y8S' debs y ♦_>'••• 99% ! — June-Dec : 3V4s 74 y* 101 »/4 June-Dec 1 3 Vbs 59% s ■ O 2%s 100% "3 26 117 ."! 104% ' .■•-;/loi •teiot^y :: IL'tJl-., 96 V2 I -Maz-Sept —Jcwe-Dec ; Pacific Tel & Tel 2%s debentures 102% 100 % 60 & First & ill 18 64% 1914 mortgage-3s -1979 First & 99 63 1977—Ayril-Octi mortgage-19752———1.^—April-Oct First & 38 *95 / ' loi.- .-«• ll '•• "a .101 *943/4' 95 V* - First &'refunding 3s series N 1977 June-Dec First & refunding 234s series P 19811—June-Dec First & refunding 2%s series Q 1980^___June-Dec- 97 108 VA 109 643/s 109 —• - First'&-refunding • - 108 Va 109 108% y " First-,& refunding 3s series K 1971...^.-June-Dec 97l/2 89 53 132 117 . ■Y First it 102% 97% 1 95 y4 .• i—I—,—1 ;Z First k refunding-3s series J 1970.. V' '• 69 First 3 122 - ;."Y-17 ■iAY. , . u__._Jan-JuIy 1.—.Feb-Aug Pacific ,Gas k Electric Co— ... 1 April-Oct —— National 135 % • -. ' 101% Chattanooga & St Louis— Products ^110% I«H 'V" : " 105 y4 > " 80 101% 2..,.... 108 VB 108% First mortgage 3s series B 1986-— -Feb-Aug National Dairy Pidoucts 2%s debs 1970— Jmxt-Dec 3s debentures 1970.. Distillers 102'/4 106 First Natl Qf 95**102 104% ' N Nashville 7;. --07% 13 93% ;ri"92%, 93%-ri -First mortgage 2TV-T98ftiiiiL';Yi^:i7i..-i._Afay-Nov Greffon-WasLiington: RR 3s series *AM960__April-Oct ■ >ZZV '90 94% • " 90 90 First 1- 108%-';a 1033/4 1 87 57 1980—.April-Oct AFirst and. refunding 5s series I 198i___Feb-Aug Malone first gtd 4s 1991—V Mountain 5 .■■•4-- 1, -6 » Afay-Nov '— Oklahoma. Gas k Electric-2%« 1975—.Feb-Aug,^,', w , ■• 85y2 April-Oct Mohawk & ,r 101 % 104" " -?'-.101 69 Co— refund /-• > *•: i*..- 105 '/• t v-Uu*--. ./1st-mortgage-2%'s* 1980.—__ . 101%-', • 92 y - 100 - and refunding 5s series A 1965—Feb-Aug AGeneral 4s 1975— Afar-Sept AFirst and refunding 5s series F 1977 Afar-Sept AFirst and refunding 5s series G 1978—May-Nou § A Convertible gold 5V2S series A l949__Afa«-Nov AFirst 10U •104% 107% Ohio Edison .first fhortgage *3s- 1674i_:.__Mar/-Sepr >' 100% r .1 2;' *__ Jan-July - /100 •101 O/Zm ' 1033/4-104y- 1962J———_Jan-July ser 10 Jipv 107 %. , ' 95 "■ 104%404'V1'0' ■ 4%s series D 1978-—— L-lJcn-July ACum adjustment 5s ^Missouri 1962 4 103%vr~. '-i'M01%V106VV*«;, --VS" -7 RR— A 78 101 %. 1 95 ;101%v - v " •' -.*__ .s Missouri-Kansas-Texas •- '.U y4; " -ar '': AGeneral mortgage 4s inc ser A Jan 1991._rMay Missouri Kansas k Texas first 4s 1990.—June-Dec / J 979 . ' - . , ■7 »'Northi$es£«Hi;-Bell- Telephone-r;.--. ;57- '100 V Z,*96% Toi% —' ««. Co— First mortgage. 3s / 102%'10234 * V ; 96 y. — — -*98 % — ApTil-Oct Power — 83% ;/ 96% Z *97 ,-'4-98'/4 //'■y-* ~ 79 r " " *• -t-47% • '-54.% — Minnesota- Mining & Mtg 2:%s 1967 Minn St Paul fe Saulte St Marie— First jnor.teage 4%'s li.c series -A Jan States First mortgage 3s 1978.' Tlrst moijgage. 23/4sM979 v.:; (Wisconsin first mortgage 2%s lOO :Z; 102% •82 96% Refunding. # luipt 4%s series C 1979' J<in-July Michigan COUs Gas" first mtge 3%s 1969__ATcr-Sept4 H<104 First mortgage ZTVs T989.^.___.;j.__^___Afur-3ept. First mortgage, 3^8 8 1969I__—— Ix.Afcr-Sept 3TV sinking fund >debentures 1907——Jan-JUly ISA. Midland/of N'.j: first ext: 5s.1940-,_..April-Oct .'A. ■ ,Z75 1 18 ,, Quar-Feb (Minnesota; first mortgage 23/4s 1974: Feb-Aug First mortgage 2%s 1975— „_Li—April-Oct . / . :28"i . i_;„Quar-jcw . ^ — - 2047—i • 4%s series A-1960__—;_June-Dec 1252_» 3s -registered / Northern ' MetropolitanxEdlsoft iirstTintge' 2T»s 1974__M.ay-ivbu : Vil'Y. / '.First mortgage' 2*4s 1980„%1—.1 FcbrAug; ;•? •--Michlgan~B%ll:TclepHone Cd-i—/, ; V-aVaA. debentures '1988_^_—V„l__-^-;-:_April-Oct JuRthlgan Central—" * ,/> ' ; '• i.V.r Jack, Lans M Sag" a'/as. 1951——j._—Mar-Sepf/ * First gold 3yas 70 31% " 38% !1..:22%'- 112'-" *117 i lOO'V-Wl * /'• Refunding'It improve 5s series-D 2047uL.-Jan-Jaly 101% -v<-101 ; 101 %i.. Collateral trust 4%? 1875————Li.— Mar-Sept •""lOiV*;-.'M03%il04>%r'; , ' 96% 102%- iS May Dept StpreS »2%s debentures 1972_„_Jan-JMlbMrfcd' Corp -first jmbrtgage^^ 19"66_ /■ 59 . 122'% 122s/. 122% geftihding ,It Improve 5s spries CA 2Q47j._,Jan-Jwly 2047_/Jan-Jitly efunding it improve 4y2s ser v • -2-Juae-Dep ; 3s ' 'ASt)% 99%Vy,2 /■'. 993A 105%. *95 '•;'$**** 'V;"■*■:?'./ «;•v;95 ; B8 99% First mortgage d con 4s series B 1954—-June-Dfc^v Manati Sugar 4s sinking fund Feb 1 1957—May-iVob^-i Manila RR- (Southern Lines) 4s 1959^-—Afgy-Nov..: '. . 105% 18 102% 114% 103%M03SV • ju.*98'/a' —*"«"• -V. ii/"" -> 98% 108%" •' 162 *«*4VV76?'/ZJ ' r 67%-v.' 64% >67%'J;-J 13 ' 62%'*"' 70%' V -vVys" 2047—'-^-22—1i—_Quar-Feb"V- 0262% 62% - i — '''■/ 103'A 95 : '. 102% . /..Northern Ceptral general 4i jet- 5s 19.74.. JAur-Sepl — y. •57 General A: refunding 4y2s ser A 1974—Mar-Sepl — *• Northern'Pacific Ry4— ' .7 : r) • *' "V v Prior lien 4s 1997 ftuar-Jcw , -L - %A 103 % 7 '99% 7 A 2 lb6%103 /Z J 26 95 r«c% e Knox A Cincinnati-Div ' 76% "' • r 120 -100%, 100%-* ; 1952__1—June-Dec A 87%" *85% - .. .. Atl , 95%; 101% •,67 11 ;103%104i — '. 7% 4% 1: -4 - - . V •i > ;• 'Z;7?4a 13 20 ■ ,..47'/a*- 63"% r: 52% 70 :f?" 56% - .74 • V- 11 } 57% 71%-' 67% 77/ .5 : - 48 53% 56% ^May-Noi; debentures 3s 77 •..■47% 3s debentures 1978 -.a—! -_.li.'__Afcf-Sept ; Louisville &-Nashville RR^— • 4 * y ( * * ' First.ft.-refund mtge 33/es ser -F 2003. April-Oct'' -First k refund mtge 27/«s ser G 2003—April-Oct . .Fiyst k refund mtge 3%s ser H 2003—-April-Oct ""il* St Louis Div secopd gold 3s , 35. " (19G2l_i )P\ " 4%- 96'V 96% ~ ..,.'"67 A-67'/a1 *92 . M. — * consol.gtd 4s 1993—April-Oct Y .State Electric AIj Gas 23/4b 81l/a 101% 103 7 V Z. 101%lOl3A—- 8 rw/*'* — z- refunding 5s 1937 —Jew-July— ; 67% • ? A Second gold 4%s 1937— I Feb-Aug:-^-/_ " j:- • 5 AGenerftl7gtHd'76»Yl940i^^-uY.^_iiu>.FelP*A<Mr;*i>---'Y-A^;.'; f-*22%'^!24 jATermipal first gold 5s,' 1943—yy—«.Afay-Nov 76 76:/ .76 '•//;. N Y-Telephone 2%s series D 1982/—tu Jan-July 95Vo 95%' 95% V / :' Refunding*.mortgage -3y«S'series;.E 1978__Fejb-Aug•101I/«.'402 J : Refunding mortgage 3s series F 1981——Jan-July - —-^..101 .101- Vv ./Niagara Mohawk Power Corp— \ ; ; n- ;• ■u'- • z General mortgage^ 2%a. ISfiOnrji'^in*Zuly-*95' : 96 '•*••»/ General - mortgage^ 2%e .X&GOiJY-.'AA.'.^.^^April-Oot-'^ ^■/"'*97J ^ *-> Norfolk Southern Ry Co— / ■. 128 128 -A-General nritge 5s convertible Inc 2014_April-Oc£ '.t 128 ■; 62% 67% '77 - 2003——May First, mortgage 5s extended to -1978 Lexington k Eastern Ry first 5s 1905 Liggett k Myers Tobacco 5s .1951 -Lititle Miami' general 4s series ^Lombard 89 50% 768% 235 53 51% ./US AFirst .• 68 67% , Series D 4s contingent Interest 2003— May v Sefies.'E "4y2S <?ontingent Interest ^2003_»i>May Series F 5s contingent Interest ' or; ;-,6f : Leh'gh Valley Terminal Ry— - 70 ' - V —June-Dec NY Steam Corp firat 3%s 1963., 88 .81 RR— consolidated mortgage bonds— ;H-; ^ Series A 4s fixed interest 2003_.: Jlfay-Nov Series B. 4 %s fixed Interest Series , - rv""" 103 * 81 • . ;•>. 26' 4 66 i...Afcy-Nov — N Y<k- Putnam, first >■' ..1 '' "* . ... First mortgage 4s 1954—, " .AGehelal mvar: ' :'i ' 99% 100 : '••*■71W 84 V* '• •71W 71% -71%/" >». v.J/n Y1 Ontario & West ref 4$ Jpne.1992—Mar-Sept y , 100 Vu ' General • lOR5# — , .. *100 "" " 973V" ' _Afay-Nov — . First, mortgage Lehigh Valley i 1O0 *— Jan-July Afcy-Nov 1973^. 1973 B Harlem-River L Porth Chester—r '. >■ 97 - First, k ret 5s stamped 1854___i^Feb-Aug fc ref 5s stamped1964l_'l-——___Feb-AugFirst At TCf 5s stamped-1974 Feb-Aug Lehigh Valley Harbor Term Ry— F.rst mortgage 5s. extended to 1984 Feb-Aug Lehigh Valley Railway— ^ "First 100%, * refunding mtge 4s ser A 2007i__Jan-Joly /■ .69 TV 52% "ZGcheral "mtge conv Inc 4%s series A 2022—May < 99% 7 * ' " -• ' *' ' ' 99% -100&-v 102% 1 IOO3A *_Y First b r . Lehigh Coal k Navigation Co— yi'j ■1 Sinking fund mortgage 3y2s*€er A 1970_April-Oct Lehigh Vallej Coal Co— ' * * series A West 4:> series / N -Y New Haven k Hartford RR—1 ' •-88%* SG'.i " ttVa .—June-Dec — ;. mortgage .Income '■ *95%" %"& 102 % 102 %' gold 3Vis'2000__' Harlem v-fl'Y Lack & ' ' "67%" 4 99§5 99i; 61% " 69% 98% -104- ' . * Y ->J ■'< Mortgage es series B 2043. * -To ? 94^ ">S'- '"'-*72% ;88" 62% --.73^" rZ-Z V VG9%Z.''■ ■ 20 73 • 63 1998_Feb-Aug Feb-Aug " Refunding mortgage 3y4s series E 1980—June-Dec 'First mortgage 3s series F 1986 April-Oct N *Y Connecting RR 2%s series B 1975——April-Oct V:N Y-Dtock first gold 4s 1951—— Feb-Aay N - 1y 79%- 232 /• 72 '/V- 743/4/' . ■ • ■ 3V2S registered 1997— •Laiitaro Nitrate Co Ltd—' 60?V' 75'Z '.' - ; " Lgkefront Dock k iER terminal— ' ^ First mtge sink fund 3%s «er A 19G8 June-Dec Lgke JBhore.'ft Mick South gold '3%s- i997_LJune-Dec 101%> r m*vio4* ' — 103% .. ... •Michlgah Cent collateral'gold 3'/aS ' 6 >.. ;t *3Via • * 166 Vm 166 >- ' •„ 3/4.«■ ; . — — .• - , 1003/8 100V4 , -* alk.* NigM iohv;: loftWooTV - 3%a 1997."—„v—-_-_Jian-Jaly iV registered- 1977——— .'..Jan-Jihy ""•/Lake Shore collateral gold 3%s 1998-..—Feb-Aiig// 1 98 . r' 99' a n ' General mortgage • , xnwxwh* '-42 TV' 42 ya ; ; ♦"100 97'/2 ■■, ' '■ -•- ''lOOW A impt 5s series... C' 2013i—i/April-Ocf/v N'Y* Central k Hudson River RR— - ' 104V» ; Low ,-.100% ii •lOl'A -• • -- deposit.—- of - •103 •, ; 77:/''Refunding 106 W ,♦ 102% v -•98yr'-:V ■' -' 111TV '■ KJngs County Elea Lt k Power Cs 19971—April-Oct' Koppers Co. 1st mtge 3s 1984 April-Oct JAKreugtr k TolL5s certificates 1959 Afer-Sept - y 98-Mi: •' 9«Va 28 ; *102*8 LApril-Oct ! iv'"5 io2y4 103 Juue-Dec :19€1—J»n-July Stamped 98 91 • ? 102 r: ,J June-Dec -__Juwe-Dee — Kansas » 85*/*. , *99-: s No. 11 ■ York Central -BR Co—* ./v'*"-62% V;e03/V 62>/<|ConsoHdabid - 4s- series- A* 1998.^:-+. Fcb»Aug,1-1 66^V- ♦ C5 663/V Refunding.'At Impt 4%s series A 2013—£Aprll-Ocf - -New *90IV 93 -. — Feb-Attp 1956c_— , '•acertificates zKAnawhaj k Mich. 1st mtge 4s 1990April-Oct B^wisws City Power k Light 2%s- 1976—Juue-D?c deposit— D High ' V- 1956———Feb-A ay C of 4V»s series "j VA* "Low r 4 -ACertiricates of deposit——— ' '•AFirst 5V-is series A* 1854e:_i——-Aprtt-Ott . V- ,>;» «<'■> '.-v,-*?: Bid - tr ' series 5s .-.-ACertificates v . ! irook?oMomg+*?" J •" '*.' . 83 ; 94% 95% 102 ' 103% *-Z Ertior* ' Terioiw: EaioPrio* > ^i High AFirst 1959_::Jun«-Bec n V-. - - Ktw lark Stock Kxekange * ■ Light 2%sl»76__ Afar-Sept ■ J*' ' i ;;*/'7Ja*. l". High ... ' «**» J n: k..' , Rang* ffhxet J — Clear & '■ ■ : «v • J „ . 1951Z " : ' W71 jUahime 173v Number 5017 wntwwtm** h* •*^rwnt^«n,->-»,ttf irtmrva*wmH£'JX-'t'~''K" FffS.' 'WW JVW 'ifaMffli1"' .;. The Commercial and "Financial Chronicle > X-i MEW YORK -BOND RECOR D r - MANGE •.„\'f%"(5ii'j?•i.u,>'«.••'?;,'V4vvyt , '.••%: '•■' •• /'i. y % • 1953 June-Dec ' v.-% fGeneral? nwfrtig«ge&:%s.-series E \v.: snox June-Dec J • ... r... \ — . * • „ ; 107% 113 Terminal RR-Assn J J\ . . 196 ♦- fc >\ ;, . series B 1959 April-Oct -First mortgage 4Via* series C 19G0—L—Apnl-Oci, Ashtabula Ry— ,Fiist general 5e.series B.19€2_:__^t Feb-Aug Pittsburgh Youngstown •• i - ■ 105% 114%. 115 J "T 2 -"84- 1 ' 100 96Y»- 102% . • J 1964 Providence t - Terminal /4s: Bernce Electric •—; IK- , '100 99}\ 99 843/4 111 '100 t > y 99 % l/4 100 99% 98 101% ' 101 ♦ 3s -debentures 100 98% 98% 99 10(1% refunding mortgage 3',4s l%8_Jan-July refunding mortgage 5S .2Q37__Jan-July First and refunding mortgage 85 2037__Ju/ie-Dec First and; refu^iding-mortgage 3s 1972—Afay-Nov First-and refunding lnortgage 27/»s 1979_June-Dec ^r-"' 1100 Y2 lOOYg t:-'J~ 89 *103 20 100% 103% *140 104 l06Ya ; • 213 152 %. 208 IOO t.? -.. 99% 219 104% 104% } I 99Vi Y4- 99^'b 103% :<«r& .Quaker,.Oats- 25/eS debentures '7-v; »'-4 -«••••' ;» /: v'7-.74'\Vri i, 19641 ■, - 1 'U.-r . jr r ' 1 ^._>Jan-July Rochetter Gas: & Electric -Corpr^General mortgage.;'*^s seriep i *86 - 87.:^. . ' +. " , 56% 56%'" 57 26% 27 Y^ 40- 98% 3 '98=8 *97 Va 102%,! 99%. f , - 56 Ytr 66% 26 V 34% Y •98Yer 100 ; * . 99 97 Ya IOO ' 105 -10434 105 ; ? ■ *98 Ya series A 1 '*96% -104 98 Ya 97% - 90 15 ' " Power -96% B93/4 104 Ya 963/e 98 .107.% 94% ' 102% 104% " 87% ,'96%i* 101% 96% 96% ;98% , 96% . '.*--97%98 -9*%W97% - 95 Ye 7 =106% 1073/4 73 - '. /»v .r.A-V series-A • * 1971 .' ' .♦ *97 * -80 *75 v ,. July A 98 , '*73%- - s Y4 104% 73 Ya " 86 *103 Ya « 97 78 101% * *t1023/4 Mar-Sept 113%. -104 Ya 102% r _— 96 Mar-Sept *98 .Jung-Be c Mar-Scjpt 2+"-'.v" ; 96 > 99% A 102% 96 93 Y» 94 96 Vi 96 Ya 3 101 Ya 101 Ya 1 i 95% 101% 99% 99% Yw 101% 104 104% 96% *104 93 V* ' 95% 95 % 12 95 Y4 79 - 80 Ya 94 78 * llOYa 110% 5 104 '• J 96 % '2 llOYa 122 y2 I .* * .1- *100Yal02%- 5 • First 100 ; ,106 V 101 7 126 yi'27 *104-. I?',r *100 ; ^ *_'- V 126 4 13 , mtge-4-^-s series A -JaA 2016_—May *■ 1st mtge 3$. series. Rtl980___i; __May-Nov Seagram1 (Jos E) ;& Sons 21/2s''l966___ii.Lja»e-Dec TV3s •debentures' 1974^._:__:__: ^..___J«7te-Dec ■ Shell-Union Gil - , It North-Ala-RE gtd 5s,1963_ Soutfaern. Bell * '3s 2%s -i2%s -debentures Southern 1987_ 104 •' < "■> U 101 Ya 104 Ya "debentures -ser A J First mortgage -2series ^Devel G" 1961_a„■ Ry first-'cdnsol-gold and general? 4s series Devel-and 997/» '■ 96 - ; general debentures e»/2s-series Sunray & 2%s 81 Ya 67" ' ,99% 100 Ya 61 95% * 96%'" "1 "'■■■• — Y .. 75 103Ye 82 2 -84% 80% 110 * 93 Ya .*101 105 Ya o 11 T'V'i"- mortgage 3Vis / ( ACertificates 107 ; ; 111 100 —— 3 1023/4 106% 63 1 62 Ya 72 Va 32 917/a 7 98 % 93 . 963/4 102 Ya ' *— 101% *95% * 102Vi> 102% 102 Ya J05 % lf>5%~ '■ 99 *99Ya 100 102 96 Ya 96Va 102 10 105 V4 - 100 Ya 100 a Deferred in 105%.- 23 -1043/4 633/a 38 62 713/w •; 62 22 613/8 69 7/a * 107 102 Vi 102 Vi 102 Vi lOOYe 100 3o .,100%; 102 " ' 103% 29 •100 \ 7' ''—Jan-July 97 i-Mar-Sept 100% ,97 97 / c;f 10. ' V - » • / f - :*U- 97: ; 97" 4s depdsit___L_• f ' . - 100% 104Ye 38 *99 99 *— .JJ . . 3, i 96% T01% - id4% •: 190Y4TM3% : JlQ5Ya : 100 ,^ : 99 * * J.V ; 95 13 99%- ■9 ' 105 Ya ~105% 105 ~ 101% ;> 101% 101%" m« 108 r ..»-i/Y« % " 100% *102%. * 7 1A' 108 *'.113Yd" * ; 14 inn 108 5*108 105 104-;' " " - ' 85 Vi '—Jan-July —Jan rjaly 1936—May-Nov :_-l_ 86% 25/sS <4- 16 Ya 63 87 ' '.67 67 :-94 *" 67 94 15 94 - 105% > 7 100 % • *—. : 92% v. 87 Ya, .3* " -94 5. *101 1976_Jan-Julp 63 ;• 68 97% in year's the not range, year's n Included in the year's range, d Ex-interest, e Odd-lot sale not Under-the-rule sale not included in the year's range, r Cash saie: y Ex-coupon. ; range, ' ^Negotiability u impaired by maturity. tCompanies reported as being in bankruptcy, > , „ n„ ABonds here is a selling issues flat. were combination of > previously all sales listed on both on the Curb , Exchange. The 1951 year s . _ shown range Exchanges. YEARLY RECORD — year. ■: - —'• -- range for week ended june i •- *- . ' Friday .^STOCKS... New York Curb Last Exchange Week'i Par ABC Vending c«rp __ 1 . 7% —1 .10 26 Ye Adam Hat Stores Inc— Aero Supply Manufacturing Agnew, Surpass Shoe^Stores Alnsworth Low 7Ya 900 6% 600 26 Ya 50 26% ■ __1 __1 4% 4% 2Ys a Tn/r For footnotes t seer page 33. * , ,7.% May 9Y4 Jan Air-Way Electric Appliance 2% Jan Alrfleets Inc 7% Jan 5 26% A Ye 1,500 200 Jan Jun 32; Ya May , Jan 12 15 Ya 12 * 15% 12 Ya 16 ; Far -50 Low Range Since Jaaul T High , Airlines Feb Allied Allied Products 15Ya Feb 19 Jan Altes Brewing Co Altofer Bros common 10% Jan 400 133/» Jan , , Alles & Fisher Internat preferred Inc Apr 300 — . 9% 5% 934 5% 200 . ' 200 100 Power 4.20V& Jan 11% . i 1 Alabama Great Southern 5% Feb * 3 Alabama 4 23/i Mar 9% f Manufacturing..common— —5 e» Shares High • ' Air* A sjmr.fat for Week 1% Mar 1,700 4% 27 — —. Sales Range of Prices Alaska - "Week's Last Sale Price High Low * 2Yt 6% J < STOCKS New York Curb Exchange Range Since Jan. 1 High 7% ■ 1 — Friday Shares 1% 6Ve Acme Wire Co common--— for Week of Price* Low ACF-Brill Motors warrants Acme Aluminum Alloys:^ • Sales Range - Sale Price t common ? ■ 99 99 ;1958v—-—April-Oct ."of ■ deposit—, of , 1003,a 101 following extended list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning Saturday, May 26, ending .the current Friday, June 1. It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether or bond, in which any dealings have occurred during the current i - Vs lOGYa"-^ stock • \ - In the and ' / 62% 63% I960——L—J— Jw-July delivery sale the included HThese 103 AND - 613/e Jan-July _Jan-July NEW YORK CURB EXCHANGE WEEKLY - 105 99 Ya receivership, or reorganized under Section 77 01 the Bankruptcy Act, or securities assumed by such companies., * Friday's bid and asked prices; no sales being transacted during current week. ' Jan-July Jan-July May-Nov 6, ** ' •60% 101 ' 1033,i 104% 108% included 98 Y4 "* 96Ya • 101 m not 92% *99% * 110Y4 98% 4s 3s Tonkers Electric Light & Power 101 Ya 92Ya 55 / 90 91% 57 _ 104 Vi 104 %! Wisconsin Electric^ Power 23is 1976L-Jme-Vec First mortgage 2%s 1979-—1 —i_Mar-Sept Wisconsin Public Service 3',^s 1971 Jan-July 95 y4 98% *52 ,- series D' 1967——-Jan-Jiity first* mortgage ffASu '&■ Du dlv'and 'term first 6 63 Co A Certificates 95Y8 63 2 j. debenture.^ 1965^—:'———^Map-Nov & 102-% IO2Y4 __ 91 Ya 103% * 95 - ", r . ' 1 109Y« l25Ya 97% 101 128 i.. Pacific RR C©-> 10 96 Ya 23 109 95 Yi guaranteed" 2361, 79 Ye 96% 91% > 92 94% 100 Ya 99 Ya 101 1976 90% B3 85 96% 97 14 4s tWisconshr Central Ry^— ? r '. 8 A First general ' 4s l949_—.—!— , 137 % * 103 \-r. 100 Ya first Wihston-Sajem S B first 102 Y* 118 3 84 Ya 80% *93% , . -——Jan-July A 97% 95% 28 10GY4 IO6Y4 108 Y2 ■:!/ 108 Ya 108 Va 1983————Map-Nov 1966 105 Y» * 120 84 Ya — 110 100% A 90 ; . TOO - - Jun-July April-Oct 103% . * ' 1994_.—Jan-Jalp 1956 Oil Corp 2%s- debentures Co 25/aS debentures 1972 debentures 1973 t 5 / 3YaS Wilson 106 Yw 101 99 - 100 Ya 100%. ASpokane Internatl first gold 4%s 2013_. April Standard Oil (N J) debentures 2%s 1971—Map-Nov 2%s debentures. 1974.___ Swift 81% 11) ; 1956—i_April-Oct 1956—April-Oct Memphis Div' first gold 5s 1996-: ——Jun-July Southwestern BelL Tel 2%s debs 1985——April-Oct - 69% 64 Ye 100% 101 Ye 200% V 916 A 119% ^ . , • — 81% *, V 100 *98-% 100% general? Bs series A and t 99Y» 100 ~ 5s A Devel 3Yss. . ,95 — l975_Jun-Dec % 'First * '/First',mortgage 2%s series E 1986____'—Jan-July First -mortgage '2%s series F 1996_.„'—Jan-July Southern 123% 123% ; . 196a__i_—'___Apr-Oct mtge- 3%s Southern Pacific RR-Co— 123 3YtS j\ - t 86Vi 86% *__ 96 3/4 , 23is debentures 1971—i ———Mar-S^pf Wheeling &, Lake Erie RR .2%s A 1992 Mar-Sept Wheeling. Steel 3Vis series C 1970————Mar-Sept ' , 109 I98L1—l——May-Nov convertible •v. San Fran -Term* 1st U ^ 98 -debentures . , . 1017/. 93% 86 V2 Feb-Nov lst.fc ref mtge 3 Vis ser'A 1981—* Western. Union Telegraph .Co— ; 30-year 5s I960-—*—— ——: Westinghouse Electric Corp— • : - A2% ""47 Ya 98 12 1971 "4s Western ,r >873/4 100 conv ; 100% 95 / registered 2361——-^-—— Western Maryland first mortgage v4s l952_April-Oct -Gen mtge -4YaS-4s series* A 1969—Apr-Oct -•94% ' 98% v ' 943,» ' ■' ■ ' v3s r 94 ,,. *„Mar-8ept .Map-Nov sf1969—T—— 93 100 34 - *97 Ya 101%. > Indiana-.Ry- 2^4s'~4894i.^.______jcn-July Gold -4r%s 95 Co West Shore " 99% 101 %.45%- 94% Jan-July ^ •/>1 —- 96% 94% - i_v v 1985^.—___v______:^^__Feb-Aug Southern Pacific Go—k. ^ First 4%s (Oregon Xines) -A 1977 Gold- • 4. . t*:+ *V Co— - 'L.f ' Westchester Lighting gen mtge 3%s)^•.'■1967—■Jan-Julp General mortgage 3s gharantteed* 1979—_Map-Nov West Penn Electric 3,Vis 1974—May-Nov West'Penh Power 3 Vis series 1 1966 rjaa-Jtily 196% 102Ya ' -1979x^—__Jan-Julp debentures 34 ' *94% ' 95.. t_April-Oct Telephone -It 'Telegraph debentures * . 87 *98.- r 2%s debentures 1971—_--April-Oct fSABilesian-Amer- Corp eoil trust ,7s-l941—Feb-Aug Skelly Oil c2Yis-:debentures 1965 Jun-July Socony-Vacuum Oil 2%sil976_i__ —June-Dec South '» 86% ,-v< 86- v: *94. T . 93 '100 W ! . Map-Nov Warren ,RR first ref .gtd,. gold 3%s-,2000—-Feb-Aup Washington Terminal 234s series A" 1970 Feb-Aug . jTAGeneral * mortgage 3Y4S series B Walworth —- ■- »Second-4s- inq bond certificates. Nov 1989.Jan-July St,j?Ahl*^-dDuluth<Jirst_cons^gold 4s 1968_J«ne-Dec St, Paul TJnion Depot 3Y8s B'1971.L April-Oct Scioto* y( &* New Englandvlst gtd ;4s 1989__May-Nop Seaboard,Air Llne-RR Co— k : > Gen 102%. V ■ Second,- mtge incites seriesi-A Jan 2022^___May •791/, St Louis-SouthwesternRy—•,. 1 / <«, ^First? 4s bond certificates' 1989—J———May-JVoz? Co—V" RR , _May-Nov Gen. mtge 4s income series A Jan 1981——-April mtge income 4Y»s series B Jan T991—"-April > 79 78 •' - - — Wabash v - ; 1 •- —Mar-sept St Lawrence. jft Adirond'kUst. gold 5s 1996^Jan-Ju7p -Second gold 6^ 1996.. l_: -^_r— April-Oct St-Louts Rocky Mt-It P 5s stamped 1955—Jan-July St Louis-San Francisco Ry Co-*- a , '> ,' .lst^mortgage 4s series^A 1997^-i 1 - _•_? Co—. ' V - * 98% ' Virginia -k-Southwest first gtd 5s 2003—. IJan-July First consolidated 5S 1958— r. April-Oct Virginian Ey 3s-series B 1995_ _Map-Nov First lien and ref mtge 3.Y4S ser C-1973 April-Oct 100V4 105»A ' — ■ . 104 95 'V 4 *'—--100 ■*— ' . 98 97Ya ,88 Ye * 98% 101% 99% 103% . — > April-Oct iFeb-Aug 1955. sinking, fund series B 1957 is 104% 106% 10* 100 % 100 Ye 95 Ye ' Saguenay. Power-3s , ■; I First and refuhd mtge 3s series F 1978First-and refund mtge 2%s ser G 1979._ First and ref mtge 2Y4S ser H 1980— ) " *100 1 . * f 100 Ya 106 8 ,l. 'ioo 103i . 98% 103% 136% c-..,.,'I.-'-. .. ','f" r- -Vandal'a *RR -consol- gtd 4s 101% 85 Y4 lOOYa.lOOYa 1977i__Mar-Sept D r- 56% Mar-Sept First and refund mtge 2%s sef E* 1975- .-J r General"mortgage. 3^s series J 1969^—Mar-Sept s. 98% i Co first A nef 3J/«s-series-D 1995:_A/ay-Nov i!-V Reynolds'- iR J) Tobacco. 3s debs ;1973_.>—Aprll-Oc^ =; 99 *. t Aji Reading 7 ." " *97 ... * 7 V1' I,'} ' 184 T. 27 1976 t.i, ' Virginia Electric " ' f,-,- -. ,100% 102 ;*r. Map-Nov Vanadium Corp of America— 3%s conv' debs 1965— ; I f;. . 98% 105 98 98 [»— 104 ' 102 U 1 Universal Pictures 33%s debentures 1959 Consol. "-vi 48 •< ? ; > ";t, ' 134 100', 128% 97 *98 %, loo- u-Feb*Aug Refunding mortgage-2Yas series C 1991—Mar-Sept United-Biscuit Co. of Amfenca -2%s 1966_/April-Oct United Gas Corp; 2 %s 1970 1 ; Uan-July U-fl Rubber 2YaS "debentures 1976 —Map-Nov 2%s debentures >;1967j 1 —-1—April-Oct ' 202 Y4 140 ? *210 '■* 1968 2%s -debentures '\-Z> - 98 t *'"'{■ >99 t and V'. High, 121, 99 :102% 102%-' coll It 2%s T980—i a__June-Dec Union Oil lof California 2%s debs 1970.i—Jane-Dec Union Pacific RR—. ■ .» [.".t '*94 iu-. .">•>■' r^n«^&vlflM^-*------£'3__j___t.l^May-lVoo <• Low * ' ■.; 1st mtge & "»-95 -1956—t__'Mar-Sept •ir:-3-:i* .*97% 102% - Union-Electric Co of Missouri 33As 1971_^-Map-Nov First mortgage,and coll trust 2%s 1975_Aprii-Oct *•102 Co— No. ' *120% 128 Map-Nov < HOYir 110% 100 »_.i __ First and -Firisc i -94% 96 Feb-AJtp &• Gas Sold .. - u—Jan-July U—7,—Maj/-Nov ' '-/A 07% i • ; Mar-Sept ">.-mFirst (mortgagee 3s -1983——* -^-First" mortgage •Bondo"^glnoa High "" Jan-July 1970-: mtge 3%s 1977 Public 95% v Iriday'a Bid X Asked ' - ,. 1974____Ju?te-T>ec tThird •■Ave> Ry first: refunding--4s 1960 _Jan-Jaly A-Adlustment income 5s Jan I960—_i__April-Oct T6V -ii- Ohio Cent -ref and jmpt'3%s 1960-_June-Dfec Tri-Continental Corp 27/«s debs-1961 -Mar-Sept v*' 97% — * 102% -June-Dec , ' \ 100% - —Uune-Btc income'debentures \ Plantation Pipe sLixie 2%s Potomac Elec Powenlst 101 Ya. 103 >*93V* ; «... Y t-*92--- - „ . *,u(v - or :, ! Louli— of St First-ahd refund M 3%s series B 1970_Aprii-Oct •First and refund M 3%s series C 1990?April^Oct Texas rJi.-Pacific first -gold 5s 2009——Jun^-Dec General ana refund-M 3%s ser E 1985—J an-July Texas Pacific-Missouri Pacific^- • ? Term RR Of New -Orleans 3%s '106 Q ■ -101%. 1*92 . First general 5s--series - C 1974 First general, 4%& series D 1977 Pittston Oo *5%s '• t /_ 5 . -First .mortgage 4%s ;. *101 Ya 102 noi Last Sale Price Refund and Imph M-4s series C 2019J an* July Refund-and irttpt 2%s series & 1985-—-^April-Oct ' 113 i r^' AJ Jan-July Pittsburgh 13teel dst:mortgage 4V*s 1958—April-Oct Pittsburgh & West • Virginia .Ry— V ^* ^ .First -'mortgage: A%s series* A 1958 -JUne-Dec •.. 'Friday:-;' Week'flStanfo Period Low • ' f Interest u * Texas -Carp 3s debentures 1965 Texas 4k>-New Orleans RR— k 100Y. 100 % — v-' 103 100 rs 113 106 ;'v:''«IDNDS; High 101% " - ' *' Low 1 106 .106 '"•64% -8+%. ^ /%','.?• r-i -.hj.fi ?: 112 106 / « 1 •Kcw l'«rksu>ek Exchange 107 I 113 *i s Jan. 1 No. *4-- 106 " -Banre B»«W-y.'v- Sold Ya5 101% 101 *100 1-13 ' s-April-Oct %. 1 f lS75_^._vApra-Oct 3%s 1964—May-Nou Pittste Coke & diem ,1^' mtge Pittsburgh Ooasolidatlou-Coal— <3■Vis deber.tur«T,4905.;—1 : — ENDED JUNE .;+,JY./vV Bonda - High v".- - General; mortgage^ 5s series* A :1370—_i f« General mortgage? 5s, series B 1975 " ""-or Frldcy's Bid & 'Askedl L»St ;.! ' Sale Price 1963_Peb-Aufl CcmsOltdated-gmarafitewLAYiS set J 1964_Ma2/«-Nov Pittsburgh Cine •Chicago Tit St. Louis RR— : *•- % ; "i lJ_ ser O 1957— Mdy-*Nov fckm30lidftt«d*; giiattuitedd 4s .ser H 1960 Feb'Am i ConsolMa*«d «ua«aattt»eti 4% s ser I i 1 F .ser FOR WEEK •'Friday'•'< •Week'b Rang* St Louis Ry— - "■ • .7 .yy.jnw Period Low FlttsburghiCinciBaatl'Chic •& ;■ " Ckmsolidaied-'guaiauateedr-As 6* Y'-,, consolidated-guaranteed'4s ^ • IntetesA „ ;•;* , 2fr (2313) •' 98 96% 98 20 8% 8 Ya 9 Ye 4,400 3Y4 • 25 - 3Ya 3% 3VV 25 3 5/8 May 43/4 Jan 7 1 Investing cap stk—:_1 (Mich) common _S 1 5% May 96% May : 97 1 . 200 3 V< 3 00 21 Ye 1,300 10% Ma* ■B% Jan Jan Feb : 6% - , Jan 107 Feb 102% Jan 10% Mar 73/4-Feh 4% Jan Jan 26 3% May 5 Jan 9 Apr 7 Va Jan Mar • / . M NEW YORK CURB RANGE Friday JUNE 1 Sale* Range far Week Sale Price Par Aluminum Co of America $3.75 cumulative Aluminum Goods • common preferred.: Aluminum 69 100 Manufacturing ef Prices Low 96 Last 69% of Price* 96 200 263ft 263ft 100 * common pfd. conv {American Bantam Car Co class A 1 1 Beverage common American Book Co American Cities Power Hard American Rubber Co American Maracaibo Meter 20 Co 26% — 6 3ft 25% 63ft 5% 6% Jan 27% Mar Jan 22% May 6 7,100 200 35% 35 50 V* 49 V* x36 21 ~~% ft Jan Jan 40 Jan Cessna Jan 57% Apr Chamberlin 10%. Jan Jan 200 700 8% Jan 400 6% 4% 6 113ft Apr 9% Jan 5% Jan 200 6 Jan 5 4% Jan 10% X8% 8 3ft Jan 118 Apr Feb 7 £1 1 Angostura-Wupperman Manufacturing Co... Apex-Elec 11 11 4 . Apr 3%> Jan 200 100 V* 105% 106'ft 105 190 4% 21% 21% 25 21'ft- Jun 22 May 77% 78% 12% 77% May 85 Jan 10 Feb Manufacturing Clarostat Claude Natural Common 6% class ~8 V* preferred Arkansas Power & Light $7 pfd Armstrong Rubber Co class .A 4%% convertible 13% Apr 1% 2,700 1'ft May 1% 6% Aro Equipment Corp Aspjnook (The) Corp 103ft 300 10% Jan 10.%, Feb 114% May 10% 10 Vs 2.50 ««*. 10% 15 % 48 Feb 12aft Jan, 133ft Jan 2,000 21%. Jan Jan 10% May 500 Jan Electric 23% Mar Colt's Tel St Tel class * Coast Atlantic Coast Line Co Atlasr Corp< warrants Atlas Plywood Corp 3 —— 82'ft Feb 20 2,100 69 71% 250 5% 10,500 1,000 5% 22% * Hotel 23 4%. Jan Utilities Gas Consolidated, Liquidating 7'ft Feb Jan 25% Feb Continental 7% Jan Continental Foundry & 8'ft Apr Cook 2LJft Feb Corby. 5'ft 500 73ft 8% 800 17% 17ys 100 16% Apr * Paint Distillery (H) Co Class B 1% Baldwin Rubber Baldwin Securities Banco, de los American Co Co 36%. 38 1 123ft 123ft 4% 43ft 5 11% Jan 13% May 4%, Jan 5'ft. Mar Jan $1 11% — — 1 "73ft "7% "73ft 1 12 12 12 1 —. 6 53ftv Feb Basic Refractories Inc_ Baumann (L) & Beau-Brummel Beck (A S) Bellanca Co Ties Shoe common... Corp Aircraft & Hedges —-- Jan common__25 1 200 200 8% 200 x8% Inc 12% 12% 12% Birdsboro Steel Fdry St Mach Co com.* Black. Starr & Gorham class A * 11% 113ft 11% Blauner's 10 common Blumenthal (S) Bohack C) (H 38% .1 -r Feb Apr;, 24% Mar ,_3 s- 10 33ft l common St Co common Co common J* 5 21 83ft • A 300 21% 83/4 .... 93ft Co Oil 20 • Tobacco Jan, • 1,500 m*m «... ... > x31'ft * 29% 313ft 1,800 Tobacco— " Amer dep rets ord bearer Amer dep British Columbia Class B Brown $5 1st $3 May * 27% 27% 27% 1 14 12'ft * 106 ♦ ; vtc preference vtc 43ft. Rubber Co Bruck Mills Ltd class 200 150 193ft 20%. 1,100 "i'ft B 113'ft May 48 May 22'ft Apr ;■ •• " . 1 & 1,500 2,200 103ft Jan 19'ft May 24% 800 20'ft Jan 29. 143/e 22 223ft Burd Piston Ring Co 1 Burma Corp Amer dep rcts.__ Burry Biscuit Corp— —12 %c "ft. 11% 11% 400 ft 10,800 3% 2,300 ft 3% 2,100 1,900 3, 63ft 6'ft Mar 8- 14% 157ft Mar Jan Feb 23% Jan 12'ft Mar 8% Jan % Jan 3 Mar Feb 13 Jan 13 20 _50o Sugar Estate—: Calgary St Edmonton Corp- Ltd-— Electric Power H Mar 4 3ft May Camden Fire Insurance— Bread Canada Cement Co I33ft 1 7% 6%% preference' ,__5 Ltd. Co 100 4- Ma* 5% Jan 11 7% 213ft 21% 14V8 - 29,500 7'ft 1,800 213/8 50 Jan 6% Jan 14% Jun 7'ft May 207ft Jan x8% Feb 4% Mar , 22% Feb 56 Mar 70 Feb common — 26 * __ 20 — ...* Mar 24% __ St Dock Co Ltd-—-* __ dep rets ord 1% "27 'ft, Jan Canadian Marconi 1 Capital City Products Co 3 24% __. —100 Carey Baxter & Kennedy^ Inc—— St 31ft 5 common Capital Transit Co Carman __ 25% Apr Corp class A 1 34 1 __ 323ft 8 2.50 . 3 Apr 22 161 % Mar May 100 Jan 34 1,000 1,200 8% 5 600 32- 4% 99 _* 99 25 3 7,800 __ " 1 Carreras Ltd— — 2%, 23ft Jan 24'ft May Amer dep rets A ord; dep rets B ord— see page £1 —2s 6d 33. . — — mm — — , Jan 72 Apr 35% 100 27'ft 3 ,< 14% 14% Feb ' IVz Ma* - 18 Feb ' 39 Apr 14 :Jk 16 16 - 16 2% 2% X43ft x43ft 26'ft 263ft ,300 , • 29% Feb. Feb? 8% Jan - 15% Ma* May?... 173ft. May ;3% Jan x43ft May .30% :Jan Jan 2 : •143 136'ftJan ^24 23ft „ "4% 1,300 4% 4.% .800 22% 21 22% 1,300 Jan 15% Jan 43ft Feb 14% Jan i 32% 31 32% , 25'ft 29% 39« 40 85% 853ft 853ft 16: 16 17% 26 * 10 * — 4an *• Va 25 5% Apr Jan. 60% Jan Jan 35% May 30?ft May 12% May 33%. Jan 25 1,100 1,100 Draper Corp common Driver Harris Co 2% May , 54% Mar 400 (Allen B) Apr- ..x43ft.May;, 1,000 A ft'Apr 12 325ft Class Jan 4A ,2% Mar.. 500 1,200 12% Xl2% Co 7% 12% Jan 400 . 2% 43ft 31% Power Jan May; 400 '. V.42% Jan - 15'ft Feb 25'ft May Jan 41% May 79 26 34% 32% 300 Apr 94 Jan. Feb: 14% Jan 19 Ma* 7 May Laboratories— 10c common.. Dunlop Rubber Co Ltd— American dep rets ord reg Duraloy (The) Co Durham Hosiery class B common Duro Test Corp common Duval Sulphur & Potash Go— . ■, 11,000 ' 5% £1 43ft '4% 1 900 43ft Apr 3% Jan 6% Jan Jan 21% May 16 * 5 3ft May 1 * 8 29% Jan 25% 25% 700 13 13% 77% 7,100 225 67% Jan 81 Feb 37% 37% 10 32% Jan 39 May 3% 25% 33ft 200 3Vs Feb 20% 13% prior preferred— Eastern 100 Malleable -25 — Iron—— — Eastern States Corp__—_—— $7 preferred series A_^_ . Sugar * - 33ft 100 102 50 90 — $6 preferred series Bl__, Eastern 76% 77% 92 125 Jan Apr Electric Bond1 & Share __1 * common Millwork Derrick & — —— 113% il'ft Jail 16% Fee 21% x203/a 213ft 113/8 31,700 19% Jan 22% Jan 11 Jan 13 Jan 104 Mar — v: — : 113ft. 25 100 100 10c 1% 203/4 100 1% 13/4 2,600 : 323/4 32 , n —1. 70D 83ft 8 20% —5 . 550- 4% 5 400 /.%. 1 9,909 6%. Jan 14% Jan 1% Jan Feb 9% Mar 24 2% Apr Jan 30% Mar 34 Apr 4% May % Jan 6 Mar 15% -10 1063ft May Feb 18% Jan Feb 5'ft ::l 85 Jan l.lou Apr 109% Apr 2% May -36% Feb 82 133ft 5 Eureka Pipe Line common, May Jan 84 < 32 Esquire Inc Eureka Corp Ltd .5 May 973ft May 13% 1 Jan 103% 107 83% Jan 84 _i—. .1_1 preferred Mar May XV* Apr 135ft 84 .—1 common— convertible - Corp Equipment- 9 Mar Jan 14% Mai Associates— Easy Washing Machine class* B. $2 94 Jan 28% » _ $5 pfd shares of beneficial int Equity Corp 11% Jan 81 ll'ft Mar 1% Mar . 11% Mar l3ft Mar 1 Fairchild 1 * Fansteel Engine AirplaneMetallurgical St 32 7% 22% 31 6 3ft 22% Jan 33% 1,800 7% .23,000 63ft May 4,600 16% Mar 22%- 23% - Jun 6% May .14,% , , Apr 12%. Jan 6 Vs * Fairchild Camera St Instruments • 60 2,100 1,600 29 28 _2J* common 37 . Amer Feb Feb 6% 3'ft * Co Ltd May 4 4% 3% 150 Dominion Textile 7 sft May 1 Carnation Co common Carolina power & Light $5 pfdCarr-Consolidated Biscuit Co— For footnotes 4% 161% Mar 2,700 Jan Jan 6%. May' 400- Dominion Tar & Chemical Co Ltd. Emsco 314 133ft Mar 28% 23^000 * Electrographic Corp common.— 247ft 15% Ma* 33 2% , Empire 100 Jan 14 Vs 3%. 1 — Ltd*— preferred 35% 9 2'ft 100 6'ft 6'ft 4s reg common Empire District Electric" 5% pfd Canadian Industries i Jan 2% 4,200 1 — — ' Feb 10%- Jan .. Common shares of beneficial int.. —1 * Ltd Canada Cement Co Ltd common Canadian Dredge 4 Feb 123/4 May Jan 3 3ft _* California Canada 4 1- 323ft. May 1% 5% , Dominion Bridge Co Ltd Dominion Steel & Coal class B 4 'ft % Cable Electric Products common v 85 8 ., 300 3'ft. 2% 2% 6% Eastern Gas & Fuel Assn common— -10 Calamba 12 10 class B_ Finance DuMont 6 3/„ 183ft 14% ll'ft .14 1 Inc Raynolds American Jan 6% 173ft 22% 2,000 , 2.50 Products— Dobeckmun Co Duke 23% ' % May ■, . — Jan 18% _*• Sullivan.. 183ft Jan 24 Vs Line & 5 3ft 15 Vs May 11% May xlOl May. x45 % May .1 Co common.. Pipe Hill Jan 463ft * Bunker Apr 3% 300 10,400 —2.50 Buckeye 263ft 3 3ft May, 30'ft Feb 2.50 common (E L) 100 43ft 14 46 1 cumulative junior preferred___10 Bruce Feb Jan 106 102 46 3ft *» preference vtc Brown Forman Distillers.. 4% May. 12 Power class A common 2nd Brown Brothers Domestic ... Company 4% May 10%. Jan Detroit Steel 2% 123ft 6% Feb 2,000 11% 35% 32% 13 33ft 18% Ma* Feb - 16% May 3% May., • 27% Jan Mar 103ft 33ft Peb Jan 52%. Jan 100 2% Jan ; Apr 27% May 11%. Feb 33ft 8% 2:50 5 Mills Distillers Co Ltd— 10s 6% Apr 1,800'. 400: 3V* 33% Apr Jan, £1 reg Feb Jan L4V» Jan 7^700 1 3% 12 May Feb 93ft > ; ord rets 6 3,300 75% % Day Mines Inc Feb 25 .'ft £1 Amer dep rets ord reg British Celanese Ltd— 16 12% 24 23 16 12% D Devoe British) American " Hosiery Davenport Davidson 7% May 4% Jan , 1,300 8% 10c Dayto^n Rubber Co class-A—" ..35 Dejay Stores, common—— 50c Dennison Mfg class A common.-^f^Sb. 8% debenture...— —•—_v^OQ:-/ Detroit Gasket & Manufacturing^^—_t Detroit Gray. Iron Foundry JL Detroit Hardware Mfg Co—__ 1 8% 6% 713/4 r Mar 7 3ft — Feb A May 8% Apr *• common Lighting Inc common.— Curtis^ Manufacturing! Cov (Mo) '■ 87'ft. Feb , 20.3ft, Jan, 3,300- * British-American 14'ft 80.%* May 6 3/4 May 100 10%. Jan 1,400 3% 20% Jan 21% 63ft, 43ft ;_*' common 113ft 30 63/4 * Bridgeport Gas Light Co Brillo Manufacturing Co 83 83 16% 4'ft. Feb 3'/a-May Apr 15%,May 400 Jan May Jan 13 'ft Mar Jun 45 8% Ai Co—,. 32 prior, cumulative preferred. 100 Scrymser Co 5 Bourjois Inc 1 Brazilian Traction Light & Power * common 10 300 100 ll'ft. 15% 74% 1 6 Crowley Milner St*- Co.. 1 Crown Cent Petroleum (Md)* -.5 Crown Cork Internat'l "A" partic——* Crown Drug Co common ——_.25c Crystal Oil Refining common * $6 preferred ___1.0 Cuban Atlantic Sugar common 5 Cuban Jan; 6'ft Apr Jan 4 — Brewing .. 150 1.7% 13% 5'ft May 11,600, 12 3/a 17% —— 5%,% Corp 33ft 12 Feb XIV* Jan 1,000, 10% 3% 12 * 16 ll'ft 300 —— Borne Class Jan 9Bft Apr 17% Jan -- l common Blue Ridge Corp 153ft 1 Curtis Bickford's Breeze , - Jan, 4s 2%, Apr 36 May — — — 17 Jan 23/8 8% mm 15. 1,000 6'ft Mar : Jan 31 8 Crosley Motors Inc— 15% Feb 36% 36 *mm 4 common 127ft Apr 5%, Jan 15sft 2% 14% Jan 1% 26% May 6% receipts (ord reg) —£1 Petroleum—— 5 Creole 8'ft. Jan, v liy8 Jan 100 —— 15 15 1 Apr 63ft May Apr 15% preferred class A Petroleum common Croft 6% .... mm* 1 — common— Bell Telephone of Canada Benrus Watch Co Inc Benson 1 common — 25,700 * Feb Courtaulds Ltd— * Corp.. 144% 21% L600 American dep shares Steel 450 11% 1 Reynolds common & 45 Jan 1% May 2,0u0 - 2% Jan 3% Jan 500 • T Jan 10 ♦ 5c non-voting—__j Cosden Andes— Barium i 300 2,300 Barcelona Tr Lt & Pwr Ltd k 43'ft 123ft 75c common. Corp 37% 34% Mar 9,000 • ~113f • 8 Corroon Wilcox 1% ' 23 41 B & 19,900 5'ft V 22'ft Jan 12 % Ltd— Cornucopia Gold Mines Bab cock 6%' .5% Feb--.> .33% - Mar 350 * A. voting Class 100' • 129% 136%,, .'223ft Machine Co—-1 Varnish St 135% 1 Corp. 14 11% Ma* 41V4 Jan j V*'Feb -43LiSJ«n-v •.'.*300; 2'ft Feb Jan, 73V5si-Jahi Mar %Apr 300 j 11%: 2%, —j Car-Na-Var 4% '21 VinJan ii% 11% 1 __—. 10%, Feb 61 *—1 Corp Engineering Consolidated 6%. Jan Jan 50 ,40%. ^ ;1<L% 1956 * Consolidated) Mining. St Smelting Ltd—Consolidated Royalty Oil 10 53ft 17% Consol May to ext 13 8% May Feb 29 V* 10% 3% 1,100 '*■ 10%. Apr Jan 40% Jan 73ft 7% 12% 12% —i.10- ; 66 Feb xl8% May 5% Jan 22 1,200 / 3% 65 % 1 Inc. 8 7%. 6% ? 5% Jan Apr May 5% Jan 300 : 3% Jan 7% Man 100 73/4 7% 25 Service Machinery— Shoe 243/4 3% 1 —1 Public Vtc 1% Mar Apr 5% May 7% Jan "• 7% 3 Voting Machine Ayrshire Collieries Corp common 66% May. 5 % Apr 3% 5% 1 Automatic 76 3 53ft Inc 60%, Apr 2% Jan 11 22% 1 Products 75 70 70 70' 1 Fisheries Steel Commodore May. 8'ft Jan —m *" A 10 100 9% 9% £1 50 Atlantic Automatic 18%. 24?ft Jan 27 31 200 63/4 10% Mar 4 400 33 6% Apr Xl8%>May 100. 9% 9% 32% —• Manufacturing Co Compo American dep rcta reg Associated: Laundries of America Associated Xl8 l Industries— common Stone. Co Community Associated 50 6% 213ft T Jan Jan 4 3ft May 7,200 33 • Apr 2% 6% May 1,300 4sft 7% Co Airlines Colonial Sand & . 5.%,- Feb 30% Mar Jan 23. 350; 43/4 723ft Jan 17% 400 43ft Development ordinary.: Colonial , 7% 26% xl83/4 xl83ft 1 103/4 40 Apr 66% Jan 600 25% , 1 103ft 21 20% 20% 5 10 9 13% Jan 10 % 24 1 Club 225 Feb 133ft 18% May 6,000 10 % 9% 17% May 21'ft,, Feb Jan 9% Jan Jan 48 7'ft 1,000 Jan 20 3ft Jan Jan 1,800 10% 46% 73ft 6% 800 12% 10% 21V* Jan 5% May 2,2o5 7% 12%. 8,100 50 "5% 7 12 26,200 * preferred^. 38% 8% ~5% 1? Co 117/b May 5 3ft Jan Jan 35% n% 18% Cockshirtte Plow Jan 12 163ft Colon Jan i 12 53ft 111%. Jan 300 5%' \ 12 Jun 9 Apr 4%. Jan 300 10%. 5% * • 16'ft • 7 - 11% 7% May 550 4 Co_ Products 250 150 14% Aluminum 8% 8. 68% 53ft Jan Apr 67% 17% 7% 181% Jan 67% 16 Vs 5% Jan Jan 100 * 3,200 12'ft 7 10% Hosiery Co__ 5 Clayton St Lambert Manufacturing—4 Clinchfield Coal Corp common 20 6 Jun 7% 7% .7 Feb"? 16% 94% Mar IX V* 1 common non-voting 155, 350 173% 176.: 175 8'ft 250 8% 8'ft Jan Apr 11% 11'ft. * , _. Gas A 100 11% 10 Argus Cameras Inc 100 > 89 Claussner Arkansas Apr1 10 Inc.1_' Neon 27 10 5 ' Co.. Controller 12% 7 Stamping" Auto Clark Mar 113 12% 53ft City & Suburban Homes—— Apr Jan Apr 6% —1 Appalachian Elec Power 4% c!o pfd__100 Mar 13 10 100 4 75 2.50 Voting trust certificates— Chief Consolidated Mining City rets ord reg 253ft —1 common America of Chicago St Southern Air Lines - Anglo-Iranian Oil Co Ltd—' American dep Co Corp common Cherry-Burrell common Chesebrough Manufacturing com Chicago Rivet & Machine %. Jan % 19,900 Co Aircraft Apr 25% 100 Products..—_—_1 Charts 243ft May 8% mm* 1 common.. 34%, Mar 40 Jan 3% May 253ft May 21% pfd opt div series 1929—100 Century Electric Co common 10 Century Investors Inc.— —2 Convertible preference —10 Jan Jan 8% Co— Power Steel Jan 17% 3 1,300 May 6% 253ft Conv Jan 10'ft X43ft 5 ...2 ... Feb 26% May Jan 112% Mar 5 common 7% May 32% _* 900 3 3 3 High 7 Mar 4'ft Apr 15% May 6% May 1,800 x6% 6% Eight 4% pfd 100 {Central States Elec 6% preferred—100 7% preferred —JL-—:——100 Conv preferred opt div series 100 44'ft 300 21 % 5'ft 5% 5% 1 1 _ Corp preferred— Ohio 20% 1,200 1,800 50 V* * Central Power St 33 _10c preferred Products Anger man Co Inc Central Apr 31 .2 common Writing Paper Jan 19% 25% 25 10 Thread Maine Low 6 preference $1.50 series———* preference. $1.40 series _* Conv 22% 200 r ■' mmrn* • Post Jan 36% 263ft ♦ Republics.: American Conv Range Since Jan. 1 High 10 CO Secur Jan Jan 550 84 Feb % pfd—25 Chem class A American Illinois Mar 78% 26% - 1 Amer Superpower Corp common $6. series preferred Anchor Central Shares 1 1 common— & % — 34% 34 • Seal-Kap. 1% M) Central 100 — 11 25 B American May 1% Jan .. (A 3.50% Co American Natural Gas Co 6% American 16% Mar 1% Feb 11 — ...25 American Class — 13. Jan 1 900 x 1 Laundry Machine— Manufacturing Co com Potash & "1% 1 Jan Co Catalin Corp of America Light— American American 1 100 „ & ex-distribution American Ckstle Feb 9'ft 100 10% «... m W) (J Casco Products common Jan 27%. Feb 14% 10% .15 American B Apr 253/4 Mar Carter - Industries Amer. Air Filter 5% Class 104% 93% Low Par Jan 77 67% May 4,200 Sales for Week Range Sale Price High Low 95% * Range Since Jan. 1 Share# High 68 Week'* STOCKS New York Curb Exchange - New York Curb Exchange Monday, June 4, 1951 ... EXCHANGE FOR WEEK ENDED Friday Week'e Last STOCKS . • The Commercial and, Financial Chronicle (2314), .35% May 9 Jan '27% May Volume 173 Number 5017 The Commercial and Financial Chronicle (2315) NEW YORK CURB EXCHANGE RANGE Week's Range New York Carb of Prices Shares Par Fire Association (Phila) First York Corp common $2 56 3'/a 1 Friday Low % 190 3% 600 32 % 32 53 100 High May 3% 29 62% 3% Class B voting— 46 44% 3,200 60 —* ... 47 60 .25 Par 32 % May Jan 10% Jeanette Feb 66 % Jan Feb 75 American Fort (Peter) 4%% 5% 1 10% 8% .....1.25 2,100 n 6,100 10% 10% 300 8% 900 300 8% Jan 39 Jan (Geo preferred.. Co.— A) - .c_l common convertible Fuller 57/a % Co_. Brewing—.. Franklin Simon & Co Inc i 57/a deposit receipts bearer Pitt Brewing Fox £1 4% Jim Feb — 5 11% 41 - 11% 11% 900 % May 1% Brown Feb 9 Stores Jan & 4% 1 35% 3% 10'/4 preferred Gellman '_* common -1 Jan 1..'. 06% ll 5% 1 i z. .1.*. General Builders Supply Corp com...1 ; 5% convertible preferred—.25 General Electric Co Ltd— j— f x&% Mfg Co common General Acceptance Corp "General Alloys Co.!.,, 5% 5% x6% 6% 12% t Apr Kennedy's Key Feb Co 4% 100% Jan 5% conv Service Power $6 preferred preferred Gerity-Mich Corp Giant Yellowknife Gilbert (A Gold Mines Co Gladding McBean ' & Glen Z- pfd 7 Jan Inc common Alden Glenmore Class B — Kleinert Goodman 3% 700 Manufacturing Manufacturing Co.... -4% 6% Manufacturing i 1,300 1,100 200 15 5% 10% 11% 16% 17% 16,300 "1,200 27% 27% 100 Co. 4% 4,400 > 4% 4% 54 54; 114% • Apr - 4% Lake Feb Jan 7% Feb 20% Feb 35 59 59 17% 5% Apr Jan Apr 60 *■' ' Jan 40% 50 zl 8% 8 Va 100 12% 12% 1,200 12% .r 29 % 14 Jan x3% May 17% Jan 6,000 % 1,000 10% 300 11% % May 8% Mar 400 10% 100 3% May 8% Jan 37 y4 Apr 28% Mar 5 Jan 31% Apr 1A -^n 10% May 16% Mar Jan 11% May 14% Feb x9% Jan 13 Feb Jan Feb ' 37/a 4% 1,000 3% May 4"% 9% — 9% 200 ." 9% May l07/ft Jan 68 Mar 32 Jun 9% Star 6% Land Louisiana Power Lynch 4% 18 19 19% 177/a Feb 5% Jan 11% Feb 27% 10% 19% Jan 5% Jan 1,100 100 13% Jan 19 23% Mar Apr 17% * Jan 22% 23 26% 26% 11% 12 39% 37 39% .1 1 Light $6 pfd 100 Apr 22 2,000 May 24% Jan 10% 300 6,400 Jan 32% Mar • Corp..., May 29% 23 26% xllO% 2 15% — 15% Feb 18% 9% May 5 Jan Jan 29 10 8 6% Mar 8 1,700 27 Jan 17% Jan 4% Apr 100 27% * Exploration & ' 400 300 300 _1 (Texas)___ & 8% A ;,Longines-Wittr.auer Watch Co.. Louisiana 9 18% 18 I Co 6% 8% 19% class Chain Gas 15% May 4% Jan 200 4% . Steel Lone 300 2,600 18% Inc B Locke Feb 10 % Mar G) 9 6% 8% University Groceterias Class Apr Jan Machine— common (R 4% 8% ' Delaware Realty 16 4% 8% Liberty Fabrics of N Y Lionel Corp common— Feb 23% 157/B Ltd & of Tourneau ".Loblaw Feb H Jaa Jan 7% 30% 11% Monotype Machine Le '♦ Feb 87 Mines Corp Lefcourt Apr " Shore La Salle Extension Jan 30% May A Mar 55 200 19Va 1,200 Inc. Lamson Feb 20 Feb 3% Jan 10 29% 19% 29% 11% 1 Lanston May Mar 35 3% May „ 13 Va Company Apparel '"■Lakey Foundry Jan 19% 80 5 3% 11 33 %c Co.. 19 108% May 7% Jan ' Co 13% Feb C L'Aiglon 108% Mar 10% May 3,500 24 10% Brewing Laclede-Christy ' ' Va 33 300 10% 5 Forge May 15% Mar Apr Jan Apr 29 Jan 'May Jan 49% 200 29 Jan 101 Apr 16 25 29% ... 5V8 "19 May 23% Krueger Mar Jan 17% 100 15 (The) 1,500 25% IIIIIIo Co__^ Rubber 8% Jan 108% "105% Apr Jun 4; Mar 6% ' Kropp Apr Mar 2S% 4 L Jan '17,% 17 Vz 19 50 pfd conv - ■T 4% 25 commpn.. -v«u«22 "108% Mar 4% 1 __ Jan 3% !* Rapids; Varnish Gray 18% 1,100 ; 8% 7% Jan * Mines.- (IB) 8% 35 y4 1 common Hotels Corp Kobacker Stores 9% May *112% Jan 16% : Grahaim-Paige Motors 5% Grand " 3% * .!_!____ Consolidated Gorham ; 50 99 11 : Co 8 35% ' 30 Jan 10% A... $4.50 prior preferred Goldfiehi > class I "3% 19% May 5 common.^. Sugars ' 1. ... 125 14% 1 R 8' 8% 25% -""50 19% 21 Jun ' * common, preferred Kirby (D Emil) 9 107 * 101 *: class Inc (Adolf) Inc Godchaux ; • Co cumulative Jan ley* Jan 100 1 25 . Coal—., Distilleries Globe Union Gob el Co. 400 Klein 20% Feb 4% Mar 5% May 15% 150 18% Petroleum Kirjtland Lake G M Co Ltd * .1* _ ~9% Feb 20% 36% 13% Jan 17% Jan Jan 500 ~9% 3% 23 11,600 * 6"% May Apr 5% 25% 25 5 4 7% 7% Feb 105 % May 25% 5 2% May 8% 3% 5% 5% . » 2% 7% 4% May 26 100 5% Jan 1 1 - Apr 1 Knott .1 C);common Gilchrist Jan 22 % 300 * z 3% 20% Jan 600 * $5 _ 200 200 preferred..* $6 2% 2% 20 Public Georgia Feb 19% 50c preferred. General 2% 2% 1% May 2% Apr 2% 100 common 200 2% • Amer dep rets ord yeg__— £1 General Finance Corp 5% pfd A! 10 .'General Fireproofing common..!.:.——5 General Plywood Corp 1% , Corp Seeley Corp Kingston Products „ pfd— 1% ; 2% T 6% Jan King 5% May 1 General Outdoor Adv 1,100 « Kansas Gas & Electric 4%% Kawneer Co 18% Apr 200 i ? 600 3,800 3% 33 K Kaiser-Frazer Jan 45 16% Jan 100 4% 36% 3% Co Kings County Lighting Power Co 4% * ; Kokenge (Walter) & Co Kimberly-Clark Corp— 4% % preferred 5% Range Since Jan. 1 Low High High 1 common Preference Feb 11 1 10c (N J) Jan 13% common Kidde .Gatineau Lota Apr . —-r 41 * » 57/a 10 Va May 8 Va May * -- 50 Jan Co Lake Sulphur Co O'Mahoney Inc Julian, American deposit rets ord reg Ford Motor of France— Glass Jefferson Ford Motor Co Ltd— ' Shares Jan Jan 44% May 54 for Week of Prices * Jerry * Sale* Range Bale Priee Jan Feb 9% Week's Last New York Curb Exchange Motor of Canada— Class A non-voting , 1 STOCKS *_1 __ JUNE Range Since Jan. 1 High- 55 10c dividend cumulative preferred (M H) Co Inc ' Ford Low 10 Fishman * WEEK ENDED for Week Sale Price Exchange FOR Sales Last Friday STOCKS Feb 11% Apr 28% May 30% Mar 29% Apr F6b 25% 28% Feb i2y4May 41 y4 Apr Apr 14% Jan 200 113% May Jan 15% May 17% Feb 127/s May Great Atlantic & Pacific Tea- Non-voting * stock common Great Oil & Northern Griesedieck Chemical Paper Western 123 122 425 122 130 Great Lakes 1297/a 130% 140 129% 2% 7,300 1 Qo_. 2% ...25 ;. 51 Grocery. Stores Products common. Gypsum Lime & Alabastine. 24 11% 5 51 24 —2 y" Brewery! 123 2% 11% 52% 24 * 2,150 —- +)~ 136 % Feb Jan 10 Jan 3% ■ Jan 300 11% 46 22% —' 64 • Mar v? - Feb •':" • '* ' '' •' 1 \ Hall Lamp Co.. 5 Hamilton Electric Hartford Rayon Harvard Brewing Co Hastings Mfg Co Light Hearn Helena Class » 1 4% common Feb 44% Jan 46% 530 4% 4% ,1,400 1% May 4. 18% Jan 49 % Jan 1% Apr 800 5% Jan 900 9% Jan 28% 31 2,000 23% Apr 31 _ 14% 19% Feb 12% 14 100 12% Mar 14% 300 11% 93 - 50 69 10 , 88 67 Jan . Jan , Jan ' Hoe convertible 3% 3% 6% Feb 900 , (R). & Co class A. 5% 9% Horder's Hormel Horn Horn Co 12% 5 12% m—m May 9% Jan *10% 1,300 Jan 6,cro 2% • ' 12% 10% : xll% 11% 1 * common —— Inc 2% Hardart 57 14% 44% 26% 26% 39 28 4% Jan 13% 50 25 (Harvey) Inc common 1 —.5 • Oil & Refining. & Manufacturing Co 5 SHuyler's common 1 * ... Oil convertible 29% 1147/a " Hydro-Electric preferred 1 1,725 5 30 Jan 45% 169 May 26% 200 114% ;115% —- ~1% 25 1,900 ' Jun Jan Jan 32% 111 Jan Jan Co Midwest , 4%'% Imperial Chemical Missouri 1, Feb 4 4 200 19 — 19 100 34 of -- of Ireland International of North -5 Cigar Machinery * 4.80% 3% 19 18 Apr Jan 4% May 27 Mar Metal Feb Jan International Petroleum coupon Registered- shares International Products Investors Iowa Royalty Public 18% Mar 8,130 1 Service 500 34% 16,200 i9% .9% 500 10% 10% 99% 9.9 % 10 69 67% 69% 1,350 13% 13% 100 - — 28 May 4% 25% Feb Monroe shs__* Jan 9% May 10% 500 9% May 97% Apr 37 % Mar 12% Feb Apr 11 !__i 3.90% Irving Air Manufacturing Chute For footnotes \ t c 14% 78% see com page 18% 16% 17% 400 14% X14% 14% 1,800 1 1% "1% 1% 6,200 18%^ 16%. : Jan 13 Feb 9% May ^"7% Jan 56 y4 May 3% 200 400 3% May 6% Jan 8% Feb 11% 200 9 Jan 12% Jan 1% 1,600 2 Jan 1% 1% 7% 7% 7% 1% Mar 7% May 500 Mar 5 — — . 14 14 14% \ 14% 14% —. 16 Va Jan 16% Apr Jan 11% Feb Jan 27 16% May — Feb Apr Jan 10 2,400 9% 12 % 13 500 24 » — Co of 100 4% Jan 27% 27% 100 22% Jan Jap 57/» Feb 29 % May 27 ..Itf ♦ Jun 35 27% 100 3% 4'/a 4,900 ?— -50c 6 6 6% 600 pfd— loo preferred 3% ii •44 common— Feb Jan 32% 34% 2% 2% Jan Feb 3,200 ) Jan 45 13% Jan Jan Feb 40 2Va 5,200 2% 19 y4 103% 40 50 32% 35% 14% May 101% May 3,000 1 common Jan 5% 7% Jan 5% May 30% May 14%' 16 —1 Corp Pictures 27 ..50 , Light 0% Service 27 * Canada & 2,200 5% 4 common. Pwr 18y8 5% nil ■- Feb 16% May May 27/a May Society class A com participation pfd Plan Corp of America Producers 1 * common—7.25 TeL Mt & Vernon-Woodberry Ohio Mfg Muskegon Mills Co Piston , "2% "2% Mar 1013/4 Jaa Jan May 2% 2% 500 Jan 2% 173% 150 165 Apr 185% 343/a 25 34 Jan 36% Feb 4% 43/a 900 43/a May 16% Jan 43/4 Jan Xl70 19% 19 200 11 11 99 10% 2,800 99 11 100 30 99 Apr May 19% 12% 193/4 Muskogee Co 12% 1,200 10 common Company 50c common 13 56 173/4 «... 7% 8 8 2,200 Feb 21% 93/a Jan Jan " Muter 20% May 19 100 11% 5 Feb 103% Mar 38 a/4 May 5 Ring common—.2.50 Jan 107 May 34% Xl70 -10 Power Tel 98 May 93 : * 10c States 92 100 __ __ ■ Jan 7% May Feb Apr 12% Jun 25% May 9% Mar Jan Jan N Nachman Jan 94 May National 6,400 Jan 12 20% May 19% May National 15% May National 86 93 Jan 2% *- 10 Bellas Hess Breweries National Fuel common common Fabrics— National" Pressure Feb National Rubber Cooker Radiator 16% 14 100 Jan 18% May 5y8 Feb 4 4% 400 4 May 1 3% 3 3% 3,300 3 May 4 Feb Xl9 19 y8 300 17% Apr 22 Jan 31% 100 31% May 13% 4,500 * xl9 31% • Gas Mfg & Stores common Jan 16% 4 25 — Mallison 16% 1 common preferred 11% May 1% Jan 12% Corp Inc common 13% 1 9% 11% 13% Mar 9% 500 Apr 13% 16% 16% 200 13 Jan 17% May 2 13% 13 V4 600 12% Jan 16% xioy4 xioy4 100 13 13 y4 600 17% 18 300 9ya Jan 9% 1 4 Co 13% 34% Mar * 8% Feb Feb Jan 12% Mar Jan 16 • 100 cl A____* 33, Jan 7% 11 17% States 7% 10 1 -V— Italian Superpower Corp Mar 6% Jan "3% ,50c Refineries Loan National 1.1 Jan 7 18,900 1 4 7% Feb 13% Co— preferred 1 CO 1 56 "3% 74% May ' Iron Fireman 15% May Feb 102% 64% Mar " ! 16% May Jan 2% May shares Investors Murray 5% * * I v if " 5% .50 ' ;i preferred—* conv Montgomery Ward & Co class A National Industries A 1% 1 cumulative preferred 100 cumul preferred series B—10o preferred series C— 100 4.50% Namm's International Hydro-Electric— Preferred" $3.50 series 1 International 28 31% ; pfd—100 America Jan 8% 13 % & £1 Co 1 Mountain ;5% .. Indianapolis Pwr & Light 4% 3,500 May 25 1 Mountain 23% 27 Imperial Tobacco Insurance 11,000 2% 9 ~8% * common dividend Public 4.40% 3% Mar 10 Imperial Tobaceo 5 800 15% 2% Feb 12% Mar 50 Monongahela Power Co— 5% Mar Apr . Britain 15% 14% ; 2.50 Molybdenum 1% 500 Industries— Canada. 15% 16% Jan 82% Mar X131 ■ American dep- receipts registered £1 Imperial Oil (Canada) capital stock..* Great 2% common Corp Mountain * Feb 10% Mar Products— convertible Mining Jan I common 15% 1 Piping & Supply common. Minnesota Morris Zinc Co 15% 1 : Abrasive: Wohl Miller Moody Illinois 10 37 - Corp Midwest Oil Co 3% —. "l% Feb 102% Jan ■ 1% * Securities Hygrade Food Products 500 25c common Corp $1 non-cum Mid-West Feb May 15% May 107% Mar Lock 1st Feb 900 15 Inc Petroleum Steel Midvale 60 44% Apr 150 10 .... - Hubbell Humble 13% 11 Va 10 Hone States Monogram Hurd preferred preferred Mid-West 14% May 15% Feb Jan 2% May 50 14% I100, 9% 200 150% 150% * ..1. common... 57 44% * preferred ■€ :: . IIl5 , Hardart Baking Co.... & ■ • (Geo A) & Co & common—.—, Corp Tube Midland Jan 8 ■ Holophane 12% 10% • 1 Corp Midland Feb ' _2.50 : Jan 2% Feb -9% Mar 5% Jan —10 Hollinger Consol Gold Mines... Holly Stores Inc 13 —r* ■ 1 Co.. Michigan Steel Michigan Sugar Co Middle 70% Mar 8 May 3% Apr '■ —— x3% 1 preferred—! Apr Va Mar 2% 1 ... Bumper $2 5% Feb 42% May ' — — -10c Higbie JJfg Co common, ' » Co Brothers, Mlcromatic 15% Mar 06% Iron Textile Participating Feb 12% 14% 93 * 21 34% 40 * Co Michaels Jan 15% May Mfg Michigan Jan 14% 69 1 ; : : 8% 93 „ 100 w_, Mesabi Metal May 6% May 11% Apr 1— ' —' : ..100 ! common 800 16 y2 May Jan 30 % Mar 10 B_ —— Jan Jan * _ Products 13 Va 2% '7% 1 800 ,, 2 w Henry Holt & Co 6% 12% 12% « ' .6% 12% £1 Merritt Chapman & Scott Corp— Warrants 11% Mar common—! z. Menasco 6% Mar 1,000 ' 12 16 Marine common & 800 1,300 * Shovel Johnson 15 U..„* Ltd Co 12% 14% Jan 1% 31 Harris Mead Feb 37% . 67/b 5 Co.— (A G) & Co class McWilliams Dredging Jan 6% • - Jan 10% —— ._25c _ Steel 32% 10% common preferred 5 200 "6% ; Co preferred Hercules 400 / 1 - * _ - 4% * A 5%% 5% '. 34,. 45% • Power Massey ' Rubinstein, Heller Co Marion 11% —_ B) International Communication * 1 Corp Mining 5. 34 > —— (The 12% 15 1 McKee .2 Dept Stores Hecla ^ s'r' ■r 5( ; ...25 common Marconi .■ —— III5 Hathaway Bakeries Inc Hazeltine *. ■* Bridge Co Ltd Hammerrpill Paper common.: Hartford * * H • common Mapes Consolidated Mfg Co. G 15-1 • lo Service .Manischewitz ' ■ S'" v." A*" 5 Co Public Mangel "Stores 233/4 7>Feb - Co Maine 26% Mar 4, .'' • Mackintosh-Hemphill ;ii% May v 22 ^ Mar — M Jan 136% Jun May 100 ... ■ ... May 2 __ 16 15%" ~- 6% %v 6% ■ ll 16 6% • - 700 1,200 \ 500 May 14% May 6% May % Jan 18 National Starch 10% Jan National Steel 7/a Jan National Transit Feb Machinery Products Car 1 Ltd common lo 13% 18 i Feb ~3% 3% 300 15% Jan 20 Jan 25% * — 10 Apr 29% Feb 3% Jan 4% Feb n (2316) £2 < The Commercial and Financial Chronicle Monday, June \ 1951 . * NEW YORK CURB EXCHANGE RANGE Week'a :v • STOCKS ■ •N ■ Range of Prices Bale Price New York Curb Exchange Par Shares National Neptune New Meter Le Nestle Radio Union England Co Tel & 3% 17% 114 New Clock & Watch Haven 4% % convertible New jersey Zinc New Mexico & New Park New Process New York Co_ 66 Va 64% 66% 10% 10'/a 10%- York & York 1 Honduras J. shares Share Corp Central Northeast North 9% 72 ; Jan 3 Jan 10 May 10 100 - 15% 16 900 15% 15 15 Vs 200 —* c Utility Texas Securities 12 Northern Ind Northrop Aircraft Pub Novadel-Agene * — ! 4%% Serv 5% 600 4% X88% 17% j Jan 94 15% 15 Vs . Jan Ohio Power Oklahoma Okonite Old class 4%s * 51% __100 107 % 15 29% common Gas Company Town B preferred- Natural & Telev 106% 107% (D A> Steel Inc Co 17 Apr Segal Lock & Selby Shoe 12 Jan 13% May 13% 200 11 Vs 9% 10 Vs 4,300 8% j Jan Apr 10 Va Jan 4% Jan 6% Feb 5% Jan 7% Jan Apr Feb s'Z 43 Vs 86 1% 1 113 Feb Sherwin-Williams Jan 4% 32-rs- Feb 9% 1,300 11% Jan 1% 2% 8,800 9% Jan 1% May 2% Jan 31% 31% 400 29 Jan 39% Jan Jan 2% Jan 16% Jan 1% Apr 20% Jan 2% Feb xl7% 1% 18% 600 1% 1% 7,300 3% 3% 300 5% 6% 1,000 1% 1% 1,700 1% 37 Va May 15 May 17% Apr Sicks Jan 15% Feb * 6% 7% 29% 31% 7% Mar 1% • Jan 16% 25 63 63 64 Feb Jan 13 Va Mar Jan % Jan 8% May 35% May 24 Jan 25 17% 16% 17% 200 "5% 5% 5% 29 1,050 24" Jan 61% 1,300 200 70 Va 23 Feb 109 104% May * Jan Jan Feir 15% Mar * * 29% 19% Apt 18 Va * Ltd Jan 5% 1,600 31 13'/a Mar Breweries % May Api 12 7 • Silex Co common Jan ' 5 1 13% 5 Shoe Corp of America class A 4% * 1 100 May 15 Va Mar 3% Mar ' 10c Canada. ' 12% May > 1 common of Feb Jan Apr * preferred Sherwin-Williams 4% 3% 2 31% __1 common May 2% Jan Jan 9% * Denn Mining *. Shav/inigan Water <fc Power— 44% May 89 Apr 2% 1 Control.; Jan Jan 1% 1,300 9% * class B— Leather 53% 600 ~3% 3 * Corp 26% 1,300 2 1 — Safety 29,500 ; 1% 3% "5 1 Inc 36 __ 9% 10 25c Hardware (R B) Sentry ' 1 Jan 300 78 Sentinel Radio Corp common Jan 55% Apr 28% 600 9% 14 Vs 1,400 6 37% common Co—' May 19 Vs Jan 105 V2 37%' "5% ' 5% 1% common Semler • 1,900 fv * Inc 48% 190 30 29% 5 6 102% Mar 7a May 225 37 5 Filters class Bl; 200 51% 51 25 common Corp Oliver United Olympic Radio Va 50c common Co "5% 1 Shattuck Brass '• 84% !; Feb Seton Corp Ohio Jan Jan 8% 42% Securities Corp General Seeman Bros Inc v Serrick Ogden 8% 11% — 49 preferred Jan 6% 90 Jan 500 — 1 common Inc Schulte 22% May May 13 12,300 16% 16% * — Scullin 6 Feb 14% 15% Schick Jan Ltd i Samsori United Corp common! Savoy Oil Inc (Del) Sayre <fc Fisher Brick Co i May 49% Corp 1st convertible Jan Jan Jan ;.S»— 1 Corp 20% 5% i- High ■ 500 13,000 12% 1 ZvLawrence 20% May 2% Jan Feb 20% "5% pfd„100 Inc. ■ ♦ 12 — —IIIIZi 16 Vs 1% Mar — Petroleum common- 20% 47% May. 4% Mar 100 50 >, 15% 4,000 —w- —1 Co RR 1% 1% Consolidated Low 9 8% 12% "—£25 Co Range Since Jan. 1 High 9 * Aeronautical St 1 15% May 14% Apr 3,400 17% xia •; Oil--——-5 Airlines Penn 17% 6 preferred_50 Low Mar 31 10. Shares . ! Apr 9% May 37% Jan Jan 50 for Week 80 8 32 Ltd Co Ryerson & Haynes Feb Jan Oil Ryan Jan" 11% Sales Range of Prices _1 common Ryan Jan - Corp Russeks Fifth Ave common May 4 (The) Royalite Jan 77% 100 5 common Rayon $3 American North Jan Jan 1% 25 r 9% •;«' 62'/a May 8% Jan 3,600 78 32 , - 5,100 16 Mines ■North American North 'T 10 • " 1 Niles-Bement-Pond Nipissing ■ — w 1,800 2% 78 9% 10 Rowe Shipbuilding Corp— Founders Niagara 2% 2% 78 _10 Merchandise New York „ * Rosario New New j: ■ * 118 ! 2% Mar 5% Apr _k 1 common Va ' .—20 Co Jan 5 Week's Last Sale Price '* Exchange Par Feb • —-25 common 20% Jan 93% 2,690 5 Vs Jan 4% — Land.. 17 " ,~1 Mining Co—___ Co 500 New York Curb High 3% May •' preferred Arizona Auction 17% 113% 115% ' 1 Friday 3,400 im'. 100 JUNE STOCKS LOW 4% 17%. " ENDED Range Since Jan. I High 1 common™ Tel 3% 2.50 common Mur Low 30c WEEK for Week Last • ; FOR Sales Friday Feb 19 Va Feb Jan 8% Feb 5 ' Omar Inc — , —-1. _ Pacific Can Co common—,.— Pacific Gas & Electric 6 "/c 1st pfd 5 % c!o 6% 1st 1st 5% 5 CU div $4.40 27 26% 28% Feb Soss 28% Feb South Coast South Penn Oil 27% 27 102% 103 preferred—* preferred— * Light 5% 99% 1 Ltd 81u 97% Apr 57% Apr 106% Mar 25,400 8U 7^ Jan pfd—100 96% * common— 14 400 '14% 14 15% Apr Jan 24 Jan A; c— % 5% 5% 5% 5% 6 5 — Amer shares Corp„ 4 32,100 — 16% Jan 17 42% 150 29% Jan 12 Jan. Jan 15% 15% 200 "4% *4% 200 4% May Telephone Traffic ___• common 39% preferred— 40 V2 400 39% May 21% May 25 preferred Corp Gas & Penn Power 2.50 class Light 4%% A 1 Pharis Tire & Rubber Philadelphia Co common,.:,' Phillips Packing Co— Phillips ' Screw Co kk Pierce Governor Johnson Gold Ltd Mines Amer Valley Wine Prretimatic. Scale Polaris Mining Powdrell Power 1st Gas Jan 16 Jan ^ 500 500 L*:,: ; ! 'i; 8% 8% 3% 3% 18% 18% 25 3% 4% 1,500 x9 % 9% 400 !. 3% common AmericaS^- -1 k___ 14% 14% _1 2% 2% 8% 8% • _-_i_ 10 1,500 20,800 8% Co Jan Feb 45 Vs May 4% 18 Jan Jan 12 % Jan Jan 25 Feb Feb 102 Mar Jan k40 '? 11% Jan 100 com 14 3% Jan 10 % Apr 50 96% Apr 104% Feb common Manufacturing _____: 200 11% 12% 300 —5 —10 25% 13% 11% Jan 45% 20% Jan 23 44% May Standard 5 Co (A) of "l 9 9 Jan 33% Jan 17 Jan 12% 9% $3 convertible Raytheon Reading Tube Corp class A Pump Co Regal Shoe Co Reis ' (Robert) & 19 "Riohmond t 25% 25% 26 5 9% 8% 9% 7,600 Feb Feb Apr Jan 8% May 6 5% 6% 3,300 a% dells .6.23 1 1 Co— Jan Jan 200 26% 30 Mar 60 May Feb 7% 100 € 2,000 4 May 200 Jan 6% Jan 4% Jan 12% Feb 4 ~4% 1 Apr 8% May 4% Jan 1% 1 1% 22% 23% 700 32 Radiator 32 100 31% Apr 37% 200 3 Jan 4% 3% Swan .95% 2% 95% 1,200 :io 1% May 22% May 5 •Roosevelt 5 Field lRe$&ry Electric Inc Steel Co -Rxjtnotes see page 33. . 1 —10 2 2% Jan 2% class 17% 39% . - 18 13% 15 X38% 4,600 ... 40% 1,300 2,600 21% 150 3% 2,200 20 12% May 21% May Jan 50 2 % Jan 17% Mar 20 Jan 500 13% May 17% Jan 39% 39% 39% 700 37 Jan 41 Va Feb 6*4 7,900 5% May 8% Feb 6 1,500 7% Feb 6 6 5% 5% 163 163 '»^ ~6% k—1 164 ^ <*• 3% May 5% May 40 160 Mar 3 r63»'"6% 168 Va %; Jan ' • 1 ordinary * s Feb 10 Va • Apr 7% Jan 5% 6% May 2,600 4% 4% 4 4 4 " Jan 400 4% 100 4 23% Jan 33% 25 250 x22 % Jan 26 Apr 14% 200 16 May 2 2% 2,000 3%. 4% 1,100T '' * common...... Products 4% 1 B_—— Corp _* com Inc 24% 14% 14% 5 2 4% Co common .* ; 25% 600 21% Jan Jan 8% Feb 3Va Jan 5 % Jan 2 ~ 18% Jan its „ 5% Mar May 3% May 7% * 10c Jan May 14 Va Mar —I Co Oil Inc Jan 22% May 20 23% 50 ' 275 3% Apr 19 Va May 22% May .4% May 22% Feb 20 20 22% _* ___1 Corp__ Tampa Electric Co Inc Texas Fower 1 3% —15 Thew Shovel Co Corp Corporation Feb 43 Mar May Jan x38% May 400 . Inc —25c Inc_ 300 20% 3,800 25 8% :9% 16% 16 16 9% Realty & Construction & 35% 19 Va 18% 1 Markets Roling 35%. 20 common.— Allied . 34% Feb 5% Jan 23% 3 May Va May Feb 11 v Jan 4% Jan 18 Va May 1 18 Vs 17 Vs __ Tobacco Security Trust Co Shipyard Toledo Corp Royalty Edison ord True Temper Trunz 70c preferred 12,800 900 Feb Feb 6% 22 Feb 10 Jan .12% Jan Jun 16 V2 400 15% Jan 1,600 7% Jan 10% May 18% 1,700 15 Va Jan 13% 85 Jan 91 __ 4% 100 % 6 600 49 700 4%.. 4% 97% 98 ?" 700 V* Apr Mar 150 Feb 6 Vs 1 H APr 41% Mar 3 Va 95 May Jan 53% Jan 5 Vs Jan May 105 Apr Feb ' 1% 1% 1 2% 1% .2,900 2% 800 2% 2% 13,700 20% 21% 300 "2% Inc convertible Feb 22% 112% 10% , 6 46 : Works 40 Jan 17% May 17% May % 48 100 —_1 warrants Corp— Tung-Sol Lamp 80c - 17 Vs — 6 5s 20 common Tonopah Mining of Nevada Trans Lux Corp Tri-Continental —. registered—£1 Corp 4%% 10 300 18 Vs Ltd— deposit deposit rets def registered rets . 9"% 19% 34% Jan 104% May 17% Jan * Stocks common 1 18 17% 18% 17% preferred^ •J Realization 17% 1,500 . 100 .. i % Mar 2 Vs 2% May 2%-Mar 19% Feb May 4 Jan 3% Jan 23 Jan 16% May 16% Jan 20 Jan 17 23% Mar Jan - 24% Mar 12 May •#'/ 18 May 'v; 17% Feb51% Jan >, . •- U Corp. Chemical Union 1Q3 9%- Jan 16% 104 Vs 104% 19% » IIZZ5 common Thiokol Thor 35% * Light $4.56 pfd Union Gas of Canada Apr 12% GOO* 3% 15% 16% ♦ common common & Feb Feb ' - Apr Jan 92 % 12 15 9% 30-% Mar 34% Rovce Ltd— Feb 1,300 14 % __1 Finch Unexcelled 2 Jan 1% 18 -* Corp.— Superior Portland Cement, Superior Tool & Die Co Ulen 2% 5% Jan 10% 3% Feb 3% Jan Feb 13 14 * Feb - Valley Gas Co— dep receipts for ord reg_ ._£ fsome Cable Corp common— 4' 2% 24% May 22% Jan 7% 5 Engineering Amer For 23 55% (Texas Corp) v t c —_1 Rochester Gas & Elec 4 % pfd F__ _100 •looser & Pendleton Inc common'!, i Jun 1% 24% Inc Bio Grande Jan 1% 1% 25% & Electric *fcee-8tix xl7% 100 1% .10 Red a Reliance 300 -1 common. May 5% 18 (Hugo) Corp 5 Stop & Shop Inc.. __! 1 (S) & Co common * Sun Ray Drug common... —25c Toklan preferred Manufacturing 50 Apr May 100 . Stinnes Todd 50 4 Mar R \ 6 Va Mar 14% Co—-—-1 Amer 18 Feb 26% Mar _ Amer 18 44% ' "" Co (J B) Jan 800 •' Stetson 30 Vs Mar 28 % May 300 -4% • 9% . .10 x46 % 21 Light common——1 Inc Tobacco 17% May Railway & Light Securities— Voting common Railway & Utility Investment A Rath Packing Co common Raymond Concrete Pile common.. 24 Va 1 B Brewers Tishman Co 24% Mar 300 "l"l ' 10 —I——' Sterling Engine Sterling Tilo Power 27% May 24% —10 Aluminum Thorofare Quebec 600 1,200 4% — Canada & 28% 46 4% 1 \ & class 32 Va Mar '' - 2.78 ** Tube Stein 28 % 24% 4 Va ———_* (Ky) (The) Sterling Sterling Jan .1 Corp_. Products Steel Jan- 29 May Feb 29 25%- 25% 24% Corp common—_1 preferred. 20 $7 preferred Starrett 47 27 % 4% Oil Common 28% 25 Co Standard Standard Feb Mar " L ■ Mar Jan Jan 8% 28% 35% 100 8 Apr 21% Mar Jan 2% May 8 •28% 900 21 25 : Corp— Dredging Feb 100 100% 100% a* Line Forgings Technicolor preferred 41% 21 11% Mar 12% 34v 100 10 40% 40% Stroock 5% Jan 8 > Jan 26 Vs, Feb . 3% May j 3 Colorado— Pulp & Timber Pyle-National 16% loo * ! Mar 3% V Jan Jan 700 convertible 9 Vs May 100 «v ~27/a 65% May 8% May 19% 37% Feb 3% May --v.- * 37% 28% 9 5 200 .. Apr 1,500 2,200 30 Va Standard Power 6 % 9% 7% 27% 't-, Feb Jan 9% 30%. Standard 79% 16% 7 27% Royalty Mar 9% 30% Standard Feb' 4% Mar 1% May 100 10 Jan 11 Va 2 Va 400 Jr 23 Va Jan 57% May 33% Jan 2,500 V- Jan 22 Vs May 810 41% n 5,300 Feb 3% Mar 7 27% Shoe $1.60 5% Jan 66% 12% May 4 Va Jan 1,900 25 __• preferred Brewing Co Standard Cap & Seal common Convertible preferred > 14 25 Standard-Thomson Feb 4 %■ 100 ; r 58 11 Jan 18% May 7% Jan -1100 10 coinmon_i_^^__2.50 ; cumulative Sound Pyrene 74 Vs Feb 2,200 40 common_i__2.50 __— Public Service of Paget 5 25c _• Corp of Nevada Co class B__ Providence 4%% Apr 13% 2% 2% 57 Vs Co— Inc Pressed Metals of Prosperity 64 Vs preferred.—^_________100 &- Lambert Prentice-Hall Producers Vs. Mar ■ 800 57% —1- ; common Mar 4 500 V ; U 19%. x41 Jan "in "2% Jan Jan ' •1,100 1 15% May 6V2 Jan 3% 4'% 22% 50 Feb 6 ;. Jan 35% 200 22% 22% 1 Co Alexander 9% ' T V':;:!!! 4% '•: 28 Vs Mai 112 ~1% - 1 Co——-i. Corp of Canada 6% •Pratt & ^ " Jan Apr shares Ltd piper Aircraft Corp common—: Pittsburgh & Lake Erie :_____ Pittsburgh Metallurgical common Pittsburgh Railways •Co_y_.i__.ik__ Pleasant 19% * 10c common.— pitichin Pioneer U 3% 105 1,150 69 J, 14% ' ■ preferred Stahl-Meyer Inc ■ 13% X4 % 10 Standard 400 . 3% 14 •-*4 —_ 700 68 common—50c 13% 125 39 3% 14 — Feb Mar 24 Vs Mar 5% Mar '".'GZ 24,000 4 38 3% Pepperell Manufacturing Co (Mass)—20 Circle Corp <k'. —2.50 Perfect , 15% 109% 110% 38% (The) Boys . 14% 110% Penn Water & Power Co Pep 27 4 100 • 6% 44 5% 12.50 common: _ J.' 15% coin—* pfd' '1" G- -••••" common—_____1 Electric & • 25 Co Pennroad 40% 74 13% 1 4.32%- cumulative preferred— 4.08% cumulative preferred Spencer 5% 55% Mar 1,400 preference—___25 convertible preference 25 Southland Feb 57% 31% Mar ,35% Mar 3% Jan convertible Southern Pipe Feb Edison— cumulative 4.48% ! Jan 1 . Line 4.88% Jan 75 - Co Pipe original 56 Jna 4% 1,100 1 common 4.56%' ■ 44% May 19% Feb 55 15% 2 ________ 6% May 7% Jan Apr 41 il „5 Parkersburg Rig & Reel -1 Plymouth Mills—— Ltd Jan 5% 9,600 -1 Patchogue Penn 5Vo Jan 51 Co Penn May May: Pa _5 £1 !___ Corp 57 1 Southern California Apr 22 (C $1.32 cumulative 100 47 (C A) v t cumulative Jan 20 Co. Manufacturing Southwest Feb * Panatapec $1 9% common.——•_* Motors Sonotone 106% Mar 80 99% 109% 7% Apr 700 Aircraft ~4% * Corp common 27% Solar 27% 35 % "5 1 Paper Mills 26% Mar Pancoastal Oil Penisular Jan 25% Tubes Co Mar 29 • * dep rets ord registered (Howard) Feb 31 Apr Smith 600 Service Pattcan 33 May Amer ' 200 - 25 preferred—— Pen 29 % May 100 Feb 27% Public Parker 300 500 Mar 27% & Oil 11 36% •27% Petroleum Paramount 29% Jan 32% Mar Publications— 27% Pacific ' 29% 800 Simmons-Boardman $3 convertible preferred—k Simplicity Pattern common Simpson's Ltd class B Singer Manufacturing Co Singer Manufacturing Co Ltd— 27,% Power 1st 8% 33% Feb May 27% Pacific $1.30 17% May Mar 27% Pacific Page-Hersey 21 44 Vs 15 25 $4.50 cum 18 Vs May 34% Mar —;V,. 32% 25 preferred— I Pacific Lighting !!■ 42% __ 1st. preferred 25 1st pfd series A—-25 redeemable 1st x40% ; 5 preferred— red —; 25 preferred redeemable 4.80% _k • X40% —-—1 — 500 :-m~-'! •' T' O'okiep Copper Co Ltd Amer shares— Overseas Securities Investment — Corp—f Co— 10c .__5 . 6 — Zl4 • $3.75 preferred series A Union Stock Yards of Omaha—.— .100 United Aircraft1 Products common- .50c Corp United Elastic warrants-ki— Corp.J 6 19 7% ' •<-17% 7%. % 200 6% Jan 1 Feb 1,800 7% 4% Jan 8% Mar 1,500 19 16 % Apr Jan 19% May , • 93%. 94 5% 5% 500 60 5% % 3Sa 34% 35% "1,100 "* 5,200 200 8 Apr 93% May 103% Jan 73% Union Oil Co of California— United % . -76% May .7 Feb 5 Vs Mar 3*2 Jan 33% Jan 6% Jan '% Jan 39% May , , Volume 173 Number 5017 . . . The Commercial and Financial Chronicle 33 (2317) -a" NEW YORK CURB EXCHANGE RANGE Friday STOCKS— - New York Curb Exchange 75c Milk Ltd— rets ord dep NJ United Profit; Sharing 10% RR U Air S Foil U S and $5 225 500 ft Jun 41% 42% 2,800 41% May 31 Va 38 440 37% "May 13% Feb 15% Apr 1% Apr 2% Jan 44% 6% Apr 10c International 1% —1 _ 31 1% 200 Va 36% 38% 2,800 Securities * * 89'4 88% 1 8% •8% 9 3% *3% 3% 200 Radiator U S Rubber common ; Reclaiming Co_„ Corp common 1 United Stores Universal Consolidated Universal Insurance—— Oil Universal. Products Co Utah-Idaho 5 50c 2 2 10 1 88 __10 ... 5% 700 89% 91 - 28% 4% 325 8 62 5 3% 3% 2,300 3% 5% A6V2S v. 1 common $4 convertible preferredr. - Vogt Syndicate 7% 7% 200 49% 1 Inc 51 7% 9 3%s Feb 1st Oct 4% 38 14% -14 %- • — 3% & Bond Inc SWaltham Watch Ward .2 —; and A Co. v t c 1 1 w Wentworth . Utilities ref M $6 Mar ,1st mortgage Feb Jan 57 10 V* Apr Jan 5% Jan 3% Mar Jan pfd •Western Maryland Ry 7% •Western Tablet & • Inc .100 (A A7-4s Weyenberg Shoe Mfg Corp Whitman (Wm) Wichita River Wickes■ Willson C) (R G Va 150 6% Jan 200' 6% Apr 111% Jan 114. 10 v 29% 31 22% — 5 7c x 21% 150 21% , . .22 7s 100 9 ; "9 A5s Feb & Pwr Woodley IF American 6% -100 pfd_ 101 2 8 common 101 Western 14 ; 300 21% 21% 22% 2,300 deposit Jan 1% 1% Last A Bethlehem Boston Elec Steel Edison 6s Aug 2%s A5%s 1970 Sale Price A June-Dec 1948 A20-year 7s Delaware Lack & Western - Lackawanna 5 c( * -• : A 1st mortgage Eastern Gas Elmira Water Lt Ercole- Maxell! AC%s Maranhao A6%S ex 98 , 107% 166 ,158% j 16 . 114% 114% 114% 34 97% 25 120 95% 96% 103% 115 116% ._Mar-Sept 1956 5s , 64 % 1940 1 i Peru 64 % '■ , 100% 64 %. 1 64 Finland 5s • i A 7 64 3%s Mar-Sept 1963 series A - 100% , .. (coupon on) .1958 . 268 112% 53 57 A6%s > (Dec '-A76' (Aug ■ : series A7s ,A7s .(July A 7s with 1941 1 1941 June-Dec 1941 Nov.-1 England 70 62 53 44 (Col) ,•'.1 61 84% 82% 40 60 j on 65 90 92 11 of Range or Friday's .Bid & Asked Bonds Sold Jan. 1 No. High Low I_ 275 275 Hitih — 81 81 •-»- 255 54% 56% '"283% 84% 71 83%' * 69 64 73 1 v. 1952 stamped ■ 69 ...Jan-July 1958—.Mar-Sept 27% 9 >' 5% 8% 26 21% 239 42 37% 39 54 57 26% -.4^1 '. . —June-Dec 255 Afay-Nov 1 r 248 — April-Oct 248 June-Dec 251 1972——June-Dec 5s .+»'A • 26 May -Nov 1951— Denmark (Plan 277 to A)— 2 Vis ^ ; 56 56 51% 51% 77 83 83 1 - -?iT , 2008_—_—<—Mar-Sepf (ser A B C D E) 239 1997——Jan-July 40% .»>;r 39t<f 28% Jan -July 33% 33% -_Jan-July stamped (Plan A)— to 2% 2012_, 6%s 1919 1921 a 28% 28% "22% 2% 2 2% 2% . 41 2 reduced --June-Dec ~j~~~ value, , 43 26 30%-: 33% * 35% -2%;2W - • In a year's " Bonds being x Ex-dividend, range), traded { ;* Ex-rights, y z Ex-liquidating dividend, sales being transacted during current week,.Vv no flat. §Reported In receivership. v * - " ' 1 " " v... ; ' -- - I-'I- " - V •' , . . Abbreviations used "w above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula-*' "n-v," non-voting stock; "v t c," voting-trust certificates?, "w w," with warrants; "x w," without warrants. \ "conv," convertible; "M," mortgage; 1," when Issued; ■ ' ^ , ■ lw ;:V- f A' . . •' .• ^ 2 Over-lhe-Gounier Industrial Stock 94 ; ' -4' ' * 61% 94 49 49 43% v 56 Compiled by.National Quotation Bureau, Inc. Date- 49% 56 35 79% 80 14 April-Oc\,t) 2102 73 81 102 104 26——. 28 46.55 29——. 46.68 105 May _Jan-july 63% 63% 44% 31 Averages 20 roads 245.27 245.83 May 28:— May 29 May 30 May 31;.— '77.49 ities * Induv " First Second Grade Stocks 41.85 89.28 trials ities 99.74 101.26 95.66 99.76 95.71 99.54 98.93 95.81 99.57 99.01 95.91 99.51 99.00 .95.79 99.52 98.99 89.41 98.97 42.00 89.89 98.95 101.52 79.02 - 41.81 42.25 90.58 99.00 101.66 , Holiday Holiday 42.21 91.03 99.10 101.46 249.33 79.36: 42.31 90.89 99.09 101.55.. ( 40 Rails * 79.64 .^Corrected figure*. Util¬ 95.61 101.26 249.65 a— Total 10 Grade Ralls 98.94 78.08 ■ 248.44 ■■ 10 65 2 Rang* for 1950 43.24 Dec 30 46.96 _ High Low 34.25 July 13 The SEC Index of stock prices, based on the stocks 10 77.58 247.03 7 Total 46.37 Jan . for the week ended May 26, closing prices of 265 commoij* for the composite and by majo^- 1951, industry groups compared with the preceding week and with the highs and lows for the year to date, are as follows (1939 average=100):■- • trialb May 2.C, 15 48.65 Feb 28 Low SEC Index of Stock Prices < -Bonds— Util¬ High 46.90 r 1_A—_. ; Holiday 30— May 70 Range for 1951 46.37 May ' the daily closing averages of representative stocks and bonds the. New York Stock Exchange as compiled by Dow, Jones & Co. „ Closing May May 56 __May-Noo RaU- Average (35 Stocks) 98 are 25_ 1, Slued ; .June-Dec 222 Jan-July ; 1961— so June Range Week's Last ,, Sale Price Feb-Aug 6%s ; Mar-Nov 1952 , Indua- Data—r 104 .April-Oct Government included 98 58% 255 1963 Powers 3%s 9 3 91 ' 92 10 ; 102 89 94 -Stocks- May 102 102 May-Nou stamped reduoed par 87 '• 93 1952 1963— 6s 63 91 coupon)-1952 1940 .coupon 96 - 93 Jan-July Stock and Bond listed . 116% _Jan-July June Below 99 106% — ' 87% 87% 293 1957 » j 96%.. 110 1955 50 - -Feb-Aug Nippon Ekietric Power Co Ltd— A 1st mortgage 6%s 1953 ■i, , . 53 47 84% I_ coupon) Midland; Valley ;RR— Extended, at 4% to New 4 102 Va Interest A 104% 253 1955- coupon) 1952— ^Italian Superpower * . 112% - Isarco Hydro-Electric Co— A7s with Nov 1 1940 coupon '■i 97% "105% redeemed— E- 1957-2 F 97% 2112 Period Exchange 2Friday's bid and asked prices; tive; " A7s 'series , ' 50 -222 , Feb-Aug ■ series C 1955— A6%s '• 70 100 47 Power Sec— 11% - 101% , Jan-July 103 50 <• t , 71 2101 - 102% Deferred delivery transaction (not included In year's range) ,- d Ex-interest,e Odd-lot. transaction (not included in year's range), f Ex-distribution, g Ex-stock dividend. hEx-v, principal, n Under-the-rule transaction (not Included In year's range), tTransaction for cash 103%, 109% — 7s Janiero -*No 222 — __JUne-Dec ,,v 24 - ; Bank— — Power %_'■ "" Ex-coupon market All -issues - Mtge & Western RR— § International j coupon 1961— Mountain Guantanamo ACs 1947 Residential stamped Green 1 102% 102% 255 2104 1959 '• Nov ' (Republic of) — de (not 253 65 73% 54% }109% 111 1953. —May-Nop 1953 __May-Nov 46 June-Dec stamped (Plan A)— reduced to 2 %s 2008 stamped Interest 17 54% 100% 101 coupon 49 June-Dec - 1947 (Peru) 1 %s to 2%s Rio 103% 95% 2i 54% - 54% 1964_j. 1953, Bank Interest 121% Mfg Co— Nov Farana .vA5%s —May-Nov ——-May —Jan -July 32% »• 111 - Mortgage ARusslan 1993 3%s I960 5s AMcrtgage Bank of Chile 6s 193L v Jan-July ( 44 . Mar-Sept ■ Jan .1 101% 121% 49 , 1954, Mortgage Bank of Bogota— A7s (issue of May 1927) 1947 A7s (issue of Oct 1927) 1947-— Range Sine* 31 121% RR & Elec with 97% 34 Va ■.•'•»• • Municipal Loan— 5s City AMedellin " ... .-r High Jan-July series B 1993 3%s 1965 Fuel & 98 r 45% V* RR— series A 4s s, .. May-Nov Power Jan 5%s External ALima ljg Jan , Low 102 Va 102% /' 95 ——— No. tl50 . 99 84% 262 __ . , Danzig Port & Waterways— AExternal 6%s- stamped May ^ Cons /External Apr Division— J N 1st mortgage 4s ,: • of 102% 94 Va - 222 Mortgage Bank of)— Valley 7s 1948 ACauca Danish ' Sold High J, 105% (see Jan 22% May Bonds Mar-Sept 1954 Chicago Transit Authority— ; 3%s revenue series of 1947-1978 Feb-Aug : . 7s Feb Apr Bid & Asked Qpar-Feb 1970 Corp 5s debs debentures June-Dec 1998 1 series ACentral States Elec - 3%s Power 43 1956——June-Dec 1956——« : .i. Mortgage Bank April 1946 20-year 43 1A May; Wv Friday's or Low Appalachian 243 coupon debentures f Agricultural Jan ,15% — Week's Rang* Friday Period 94% Low Interest Exchange 95 % Friday 105 Jan k- » New York Stock 95% 293% BOND 8 • Interest ' 95% ^April-Oct Co— 1940 New York Stock Jan 18 Mar 14 2,400 103 . Foreign Governments and Municipalities Jan 7% Apr ■' BONDS „May-Nou 1966 Feb 14% - 4%,. Jan lft , ! Jan 10% : —£1 Wright Hargreaves Ltd v* 105 100 V* _rApril-Oct debentures 5%. Jan 13% May -5s 104 Jan : receipts 2100V4 102 Jan-July trust 1* 1947' .coupon Hotel— s Feb W) Ltd— preference 1989-. Newspaper Union— conv Jan 23% Jan 98 10 : 13% 299 % 100%. 1970—Feb-Aug 1969 1 Traction Jan 25% Mar 33% 4% % Inc Petroleum Woolworth . Lt Industries ~5 ... 105 101 Va 98% 102% 102% . 10 % Mar 15 common Wisconsin coll Service Water Penn Bogota Woodall 102% 104% 99 Va 100 f Apr 4iye '25% . Jan 4% 299 Jan-July 5s 104 100% 100 V* 56 Feb 19% 6% 100 Dec Washington Apr 13 "6% ~6% 100% 101% 2101% 103% — Electric -3%s Bros 103 V* 100% 104% 2100% 104 _April-Oct stamped 1946 income West 30 Jun 8% 100 25 Winnipeg Elec & 165 101 y» Feb 21'% Apr16% Jan III w (Calif) ! 148 V* 2100- 101% Feb-Aug 1970— 57 Jun 3% May —1 3 Vis 98%; 104% 105 Va Ccrp— Dec Feb 191 May with Jan 114 ♦ l.. May-Nou 1973 : "101% 101 Va Mar-Sept Waldorf-Astoria Feb -9 .Jan 16 5 common preferred Jan * 8% May 29% 2,075 -10 Inc Brothers 110 2% —1 Co & Products Wilson Co Corp Corp (The) Williams & Oil 101% 101 55 2149% 154 Mar-Sept 1965 1971— & Electric As -ex 2% 6% 22 5 G) revenue . Feb 17% 1 Whirlpool Jan-J«Zy Terni Hydro-Electric Co— A6%s with Aug 1 1940 coupon 1953, A6V2S ex Aug 1 1947 coupon 1953— 8 1% Mar 26 29% Gas Gas Gas 2nd A 8,400 2% 114, 10 1 103 255 April-Oct stamped 1946 (Hugo) Industries— Jan 1% May 12 —Jan 172 20 '.1 98 222 3rd 3% 6% Apr 108% Jan 'i * com Coal Westmoreland Apr .300 . 14 . 2% ~ 1-20 c 1% ; 700 1st pfd__100 Stationery Westmoreland 114 99l/a 1 - , ; ... Jon-July Corp Inc 5s Stinnes 15% May 6% 6% , 3s series B 3s (Hugo) A 7-4s 6s 1.25 3s Counties 9% Feb 6% .. Manufacturing West Texas 109 14 2% ; 2% Baking Co warrants : 3% 1% - Edison California Stinnes Jan 13% 1960—April-Oct 1973 Southern 2%s 109 30 106% 104% 5 98 % 2100 •. coupon HW* 102% 102% 102% June-Dec Triborough Bridge & Tunnel Authority— -"3- 1 — i referred $2 cum • 100% 100% 98% 1 , Low 16 * . series United Co—___• Jan. No. High 3% Jan 7% Apr 100 1940 California Southern 96'/# 2,400 4% -14 V*. 1 Apr 31% Jan 1,600 "4% • Wagner-Baking voting tr. ctfs ext— "■> 7% ^preferred : ;_w, _100 Waitt 98% Range SI1H0 Bold 102% 103% Jan-July Joaquin Jan W Aircraft Jan-July Harbor Water Power Corp 3s 1981 Lt & Pow 6s B 1952 San Southern 40 350 8% 8% 20c Manufacturing Waco 103y8 ^ Safe 82 * Petroleum. Venezuela " 7% 5 Vanadium-Alloys Steel. Co ^Venezuelan April-Oct April-Oct 50-year 6% debentures 1998— Queens Borough Gas & Electric— 5 %s series A 1952 Starrett - 1968 — with Spalding Corp 3%s Hydro-Electric Co— May 91 28% Jan 3% Feb 1970 Southwestern —Valspar mortgage Ab%s ex Oct 1 1947 coupon I960— Public Service Electric & Gas Co— Feb 3 % 25% Jan 1.0 common Sugar Jan •9% May Jan 25 Jan 92 Mar 3% May 1% Jan 800 28%. Jan 86% Mar 3,400 Piedmont 5% Jan 3%s Feb 49 V* Jan Mai- lS May 28% 700 2 S Bid & Asked Apr 1 „ Corp B 1st ( 1st mortgage 3s 1971 I^exington 1st mortgage 3s 1964 Pennsylvania Water & Power 3 Vis 1964 41% Mar 225 4% 42% 25 commons 248 30 5/a preferred with warrants 1st U Feb 3% May 228 Va 10 class Co 23 Power ' ft common——25 Conditioning Feb Ohio Bonds Friday's or Sale Price Low 11% May 3% May 228 % Last Period High . Jan 23 25 preferred United Specialties S Low 8% 100 _. U High Interest Exchange Park L Week's Range Friday * common United Shoe Machinery ' Preferred 1 New York Stock • Canal & ENDED JUNE Range Since Jan. 1 registered new—, United WEEK BONDS Shares * common preferred Molasses Co Amer Low FOR Sales for Week of Prices Par Products participating United Range Sale Price ? United Week's Last , Bonds ■ - May 26, *51 98.89 • 98.91 Durable — Goods Mining 199.4 —2.1 ^09.7 172.4 224.6 187.7 T" 192.6 3—.—— . , —2.0 179.8; . <202.4 ; . 187.1 . .■ . 173.9 ~ 182.9 —2.0 : 109.7 109.3 : 201.7 and Service Lo\# 187.6 168.9 :« Utility Finance High —1.8 220.0 t—1_— Goods Transportation Trade, 1951- Change 178.9 195.3 -— Non-durable Percent 175.7 Composite Manufacturing • - May 19, '51 168.9 234.8 —2.5 -216.6 -r4).4 —0.3 —3.9 - 190.J ^209^ 1&7.V5 ..114.8 . -214.4 192.1 ... BOlfP 170.0> 34 The Commercial and Financial Chronicle (2318) Transactions at the New York Curb Exchange Daily, Weekly and Yearly Transactions at the New York Stock Exchange Daily, Weekly and Yearly and Miscel. Foreign lnt'l Bank Shares Bonds Bonds Bonds 419,690 1,235,720 1,191.480 $696,000 1,878,000 2,083,000 1,221,750 2,681, SCO 980,650 2,412,000 Railroad Stocks Number of Week Ended June 1,1951 Saturday * Monday Tuesday Wednesday — Thursday - Friday___ — Total Sales Bonds (Number * $805,000 2,217,500 — 2,464,000 ; of Week Ended June, l, 1951 2,684,000 $11,090,000 $3,000 Monday .246,490 5,049,290 $3,000 1,336,500 $55,000 1,416,600 9,750,500 209,273,856 220,767,183 6,141,829 12,261,800 . Wednesday Bank -—. Foreign 46,000 1,000 92,000 Holiday 310,280 101,000 8,000 24,000 133,000 Friday 238,495 90,000 11,000 16,000 117,000 $351,000 $49,000 $48,000 „v-lt^$443,OO0 1,142,600 - Week Ended June ITV Stocks—No. of shares Jan.l to June 1 ' 1950 1551 1951 1950 1,142,600 1,432,225 50,279,038 48,370,396 Bonds $1,961,000 - Railroad 6c Industrial $11,090,000 Total $135,700 150,000 284,000 40,327,500 48,246,970 387,753,100 Government 8. International $2,000 5,000 Thursday Bonds U. Bonds. $55,000 15,000 86,000 - Total Stocks—No. of shares Bonds $10,000 29,000 - 238,680 , Total' Corporate Bonds $45,000 108,655 Foreign Government Bonds* 1950 1951 1950 1951 Foreign Domestic . Jan. 1 to June 1 Week Ended June 1 *,■ . Shares). Saturday Tuesday 2,919,500 — _ $1,336,500 $9,750,500 5,049,290 * 272,000 Stocks Total Bond United States Government $109,000 339,500 — 378,000 $3,000 Holiday— 238,000 Monday, June 4, 1951 ... 412,545,100 $351,000 $467,000 $10,040,000 $14,169,000 Foreign government 49,GOO 180,000 4,442,000 7,558,000 Foreign corporate 43,000 31,000 907,4)00 1,189,000 $443,000 $678,000 $15,389,000 $22,916,000 Total $461,211,770 $430,191,600 $13,733,400 Domestic OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED JUNE 1 Last Range Sales for Week Sale Price of Prices Shares Week's Friday Boston Stock Week's Friday .Last STOCKS Range ' Sale Price Par American Woolen Anaconda Copper : Bigelow-Sanford Carpet 6% Boston & Albany RR Boston Edison 1 36 VB 2,838 38% 41 42% " 118% Jan 43 Vb 291 44% » 117% x40% Railway— City Columbia Gas May Feb 443% May Products Day Power 100 Personal Boston Boston RR :'V 1 . Trust Prop Providence & I i Calumet & Hecla Service Cities 7% 100 * 100 v-' ' 5 10 49% — 49% 46% Light 26% Federated Dept Stores 88 88 55% Jan Jan 78 % 90 Eastern May 10% 315 8% Jan 333 83'A Jan 1093/4 May Employers 13% 152 11% Jan 14% Mar Roebuck Feb Standard 58 % 10 58 Jan 67 Feb Standard 40 37y2 Jan 49 Jan Standard 20 y4 20 y2 505 18% Jan 21'A Jan .33% 33'A 33% 58 33 May 37% 77'A 92 75% Apr 83% Feb 51% 54% 1,365 49% Jan 56% Mar 28 Va 27 28%'■ 289 243/s Jan 30% 72 3A 74% 186 70 % Mar 79% New 2% 104 4% Jan 12c 1,100 11% 12% 1,232 11 Va Jan Co — 93% Jan 16% U S Rubber Waldorf _ 19%-).. 18% ' common 25 Electric 54% Feb 16% Jan1 20% Mar 50 50 , - Jan 46% Mar 34 3A Apr 51% Jan. 57 'A Feb 22% May 26% Feb - , 5o 59% 68% May Corp (Ky) (N Oil 10 J) 25 .. (Ohio) I ; 35% 1 Carbide S. Steel (new)—r Westinghouse Electric • ; - — • U 39% 39% 108%-113% 353/e- 35% 29% ■ 29% __ 113% - 10 ' 37% Jan 90% Jan 97c 57% 59 - 41 41 - 37%. 38 — ■ - — —12.50 — Jan 17% Jan 22% Feb 25c 253A 87c 1,600 1% May Jan Mar 75 Apr 48'A Feb Detroit 19% 505" 183A May 26 Ve 65 8% Feb 220 63A May 15% Jan 17% 40 42 19 y4 25 3A Apr 427 34 % May 17 104 31 1 94 •>, 34% 36% 38% 38% 38% 663/8 69% 1,250 42 Va 41% 42% 520 613/a 64 12 36% 37 Va 109 Feb 38 % 25 69 Va Jan — 33 Jan 59% 41 Ford Midwest Stock 8 8 11% Jan 13% Building WOodward 2-5525 Telephone: Feb 38 y8 411 343A Jan 40% Apr Detroit Stock Exchange Week's Sales Last Range for Week of Prices Shares Exchange Allen Sales Shares 2 Products Range Since Jan. 1 Big 23% 45 10 3% High Jan 273A Mar Jan 8 May 23 110 16% Jan 23 Market Bear Brown-McLaren Budd of Michigan Mfg 699 16% Jan 19% Feb 10 45% ■ 55.% 4% "* 34% 35% 310 P ' common Cincinnati Tel Cohen Railway 20 — 25 « 1 ' " 158 4% 97% 100 97% . • 32 100 6 18 Jan 63 y2 May Jan 4% Apr Jan 35% 5% 1,024 73% 358 — * Burroughs Adding Machine Consolidated 15% 15% 8 15% 5 5 • 25 10 Paper Gibson 3% 3 ys 26 3% 8% 10 8% Apr Feb Jan May 15% Jun 8y2 Detroit 77 Feb 8'A Detroit 7% Jan 3'A —10 ._— 20% 20% 25% 46 % 46 46 % 5% Feb Feb Hardware Detroit-Michigan Mfg Stove - Detroit Steel Corp common Economy Baler Federal Mogul common 9 Mar Frankenmuth 24 ye Jan Friars 46 160 51 Hobart 10 — 25 * Magnavox P & G 25 20 35J/4 36 20J/2 100 89 15% 15% 15% * common— * 84 20 y2 — 1 — —_— new 25 35 y4 • Lunkenheimer 70 Va 69 Va 70% _ — Randall "B" 5 : • Western " 13% Bank Unlisted __ 49 " 13 Va 12% — 8 • 243A Mar 26% 35 38% Apr 19% Mar _ 14 Va 23 V2 Jan 17 69% May 903 79% Feb Ale Brewing Armoo Steel Avco Mfg If For footnotes 50 12% 49 49 16 10 i. —a. see page 43. __3 155% — 41% 7% Jan 19% Mar Vj ' ■ * 8% 9% Jaxr 2% Jan May- 18% Jan 14 Jan 18% Apr Apr 1% fP *,05 Jan Jan 16 6fj ■ / 16 Gemmer Jan Hoover 11% Jan 11% Jan 14 May.. Jan 51 May Howell Ball Hoskins 37 Va 10 154% 155% 41 40% 7% 41 41 % 73/4 10 323 209 149% Jan 813/a 22% Jan 26% May 26 Jan 6% 430 27% May 7% Feb 73/4 530 22% 5,088 21% Apr 4% 43/4 100 4% Jun 6% 6% 428 6% May- 31% 31% 100 3 3 800 6% May 7% Jan 1 —1 ^1 43/4 14% Jan 26 Jan Jan May 158 Vt Mar 38% Mar 40% May 7% May % 3 93/4 Mar. 23% 36 3/4 Jan Jan 3% Apr 293A 130 24% Jan 2% 1,750 2% Jan 600 20c Jan Apr 2% 20c Jun. 8 3 293/4 20C Feb" 43/4 - 30 1 1 7% 15C 30% May 23A May 30c May 31 49% 9 8% 9 2% 2% 2% 8 8 —1 6% Jan 120 31 48% 1 & Chemical Oil 410 7% 49 5 Kinsel & Bearing common Manufacturing Electric Masco 1 Drug Screw Feb 15% Jan 32 46% Jan 54 2,435 300 1,100 8% May 2% May May •3% 8V2 May Jan 3% Feb 9 Jan 51 Jan Murray Corporation common National Sugar Electric common Welding __u.——_* 8 May- Jan 200 17% Apr 20% Mar 16 360 15 Jan 16% Feb 6 6 100 57A Mar 6% Feb 1% 1% 100 1% 2 Feb 2% 2%. 300 2% -3 May 3 — 183/4 16 3% 1% 1% Jan . _1 Products Michigan 100 18% 16 1 Feb 8 3A Mar 10 10 2% _1 Motors 44% - 22 - Jan 5 - 683/4 300 600 10 * Brewing Great Lakes 50 69 100 25% 27% 7% 1 Manufacturing General Motors Mar a Industries Goebel 200 1,600 713A 25% * i> Wood Lansing Stamping 100 Apr 4% 5 _ Brewing Jan, Stocks-— American Telephone & Telegraph Anaconda Mining 37A 6% 22% 1 Higbie Mfg preferred Rapid 0 8 Printing common 17% 713A / 'I ' —— 73/4 Jan May Gar Kroger High Jan 27% 71% 20 Edison 20% May 75 —* — Art 17% 17% 5 Cleveland Navigation & ' Eagle Picher 400 16% » — , 106% Mar May 69 % 6 — 93/4 2% 16 Cuninngham Drug Stores common—2 % Davidson Bros 1 106 May * Motors common 120 3 3% May16% Jan Jun 97% May 73% 5 17% 2% ' ' — - — Chrysler Corp 73% 50 (Dan) Crosley Dow 100 100 Street 816 8% 8% 1 _ Company Detroit Preferred — 100 33/4 Apr 18% 55% 4% — 4% ■ 3% 3% 17% li 1 Metal Low 3% -1 Range Since Jan. 1 High . Low 8 Brewing American High 26% Electric Altes 18 35% Low Par 21 —, common_8% « Jan 80 of Prices 8 Exchange DETROIT 67'A May for Week 26 y2 Exchange Feb 65 Range -18% . Cincinnati Gas & Electric Apr. May-; Mar 73% 49 % 12% Low 10 * ♦ r Feb 40% *38% Mar Jan . Champion Paper Churngold Corp 47% 1 ■ * r 60 Vb Jan 34% New York Curb Stock Exchange - * 41% May 51'A Jan Week'e Last .? 1 Carey Jan 543A 56 Feb 336 16% 20 Baldwin 34% Mar. , May 85 / .. 38% May. Jan 7. 6% Y23 • Ealcrank 28% May Feb. 121% May Members 39% — * Laundry ■'."41% 33% Mar WATLING, Lerchen & Co. 18% Sale Price T Apr Feb Jan 39% Par & 41 y8 „ Jan 16% May 20 108% 108% Friday STOCKS O Apr Feb 10c 19% " Cincinnati Stock N - 20 Sale Price Cincinnati '* 95 61%. 61% Friday C Jan May 9% 12% -70-; - -r- -u — STOCKS American Jan 25% Jan, 41 111 41 19% 23% 39% • 12.50 System Inc T' 33 19 10 100 50 37%- 37% 53% 53% 22% 23%' New York Stock Exchange 5 —* 25 10 Co.— Westinghouse 92c — 16% 34% Machinery Oil Oil 117% May 7% 160 249> 113% 115 • Inc Twist Drill Shoe 19Ve- 19% 9% 97A 493A 51% 51% • 12% Mar 560 ■12% 113% 50 50 —* United Fruit Co— United 26V* Jan Apr 10% 19% 11c • Association 10% 10% 19'A Torrington Co Union , " —100 (N H)_— Webster & 17% May,30% 50 32 27% May 10% 2.50 Mills Shawmut 56% Mar 54 y8 May 43% May Jan 19 % 100 Pennsylvania RR Stone 10 —20 100 England Tel & Tel Hartford North Butte Mining—* Rexall Drug 25% May 29% 160 39% 1 Cos England Electric System RR 27% X39% . 5 --1 Assn —— N Y New Haven & Pacific 27% « New Northern Jan Jan Jan 33/b ._10 Cement Corp new— Service National Feb" -54% Jan 49% Feb ; Narragansett Racing Mar. Jan 76% • Assoc Mathieson Chemical Corp Nash-Kelvinator : 1.40 (Ind) Studebaker Stores Copper Star Lone 27 14 33 y8 May 46 35 221 - 32'A Mar Jan 49 Vb 5o - 54 49% 32 1 -■ — —_ Oil 20 y2 — Safety Razor Co new. Kennecott 29% 120 '• 517A 54 48% * - " ... Brands Union Gillette 517A ' : • L Standard 43 % 3% - .100 Electric General 32% — —33'Ac — Corp 58% 58% .100 » Inc Group National First 32% 49% - 50 „_ Schenley Industries 53'A Lines SS Eastern Jan — 17%- 18y8 ; 43% .100 preferred series A__ preferred adjustment— 1st 5% May Ry— Street Mass Jan 123/s 32% Jan 10% 104% Sears, Common 6% i Apr 111- 29% — Pure Oil Jan 13 10 new 82 V* Jan 25 8 Standard Common — Pennsylvania RR Pepsi-Cola 97 9% Feb' 38% 83% - 13%" —-164 • 5 new 26% May Radio — « • 133A 30 5 _ Motors 150 26% 88 5 -57 .<>- Hioh 1%' Jan Jan. 303A May 683A Jan' 100 • 30 1% 175 13% . 7 General Electric 23% Mar 48 Fuel Associates— Eastern Gas & & ,50 -- 70% Low 1% 30% 713/a 97% 102 102 Range Since Jan. 1 Hioh 7% May Jan 63A 630 30% 1 • f - Ohio Edison pref w i 5% New 63/4 __ RR— Maine Boston & - New York Central t Stamped $50 paid 25 1% __ 10 Jan General Boston Elevated 25 Service Feb 135 Jan , Low " _1 peso ; Feb. 130 Jan 2,210 Cities 46% Jun 38% Mar 65 119 Vb 122 44 36 Vb Mining Chesapeake 61 Ohio Chrysler Corp 44% 158% 149% Jan , 96 170 130 Vb 134% 122 100 25 High Low — .... Range Since Jan. 1 Shares 36'/4 50 100 pfd Benguet High 1533/4 155% " 155% Par Sales for Week r of Pricea Low 100 • Tel & Tel American STOCKS Exchange 1% - —10 19% 19% 19% 1 33A 33A 3% Jan • 500 - . 1% Jun 1% 500 1% Apr 1% 19% May 233/s *525 400 3% Jan 4 - Jan Jan Feb Mar Volume 173 Number 5017 . . . The Commercial and Financial Chronicle (2319) m OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED JUNE Week's Last Range for Week Sale Price of Prices Shares STOCKS Par ' National Stamping Packard Park Motor _ Car Chemical fParke Low —2 _ „ _ __ 3% Peninsular 3% 5 955 4% Metal Products 1 — — Jan 3 100 3 656 3% 21 VA 1,500 3 H CO 3% Jan 100 Jan 21 41% Jan 56 y2 W) •& Co _2 —. River Raisin Rudy Manufacturing 2 100 9% 5 1 -Manufacturing — 1 9% 100 2% 2% 100 11% Sheller • — 1% ' '' Paper 2 11% 110 ' 15 y4 15% 9% —• Apr Kansas 9% Jan 7% 245 2% May Lane-Wells 12% 12% Libby Apr Jan Manufacturing Standard. Tube Udylite common "B" 1 __ common Investment 9% .1 Corporation Union ■' ■ 4% 4% 4% 1 United States Radiator Wayne Screw 14% 14% 14% 4 common 7% 7% 7% 8% 8% 1% 2 common 1 Products GOO ,_1 1% 300 • 10% Mar 13 265 ■ 1 Light Co Corp Gas new & (Un) 5y» Los 15% Mar Jan ■' Lastu 9% Jan 2% Jan Par ■ft Admiral Corp.,*. Alaska Low .—1 Juneau Gold Inc 24 ■ Hotel Co • 1/ a45 % American 1 Airlines American Power & Radiator Amer American A III1 (Un)_. v Light, Co 8t 8an Co Tel & Co Co 100 59 y4 Jan a46 295 7-'43% 15% 465 \ al8 54 14% 200 14%,:;. a74% a747/8 al53'/4 -! a 153 V\ Woolen "I Anaconda Armco (Un).i. Mining Co (Un%50 Copper Steel Armour Co & Corp Co (Dn) > Jan York North Avco 36 % 4014 42% (Un) 9% — al51% al52 40 a70%a71% 160 a70% ? ___3 v.. .7% —' 375 ' ' Banalm 77% Ohio Apr 46% t 51 f Jan 51 -Jan May 9% May *■' Mar Bendix ! Aviation Benguet Consol Mng " Bethlehem Bishop Blue 1 • 11% May 4% Jan ,15% Jan 3% Apr Jan 39 •40. 37% Apr Chica Borg Oil Ohio Oil 200 7Y4 5% 60 y« Feb 23% Apr *6% 1—„i_5 44% • Feb v Radio 8% 350 7% Jan 9% Feb RKO Pictures a44% a45% 5% 16 <~Jan 21 May Packing -Corp—: Co Ry Products Ohio & • 25 24% a457/a (Un)_ Corp —i Co Ry 25 (Un) 1 commori—• May 51% al6 70 15 Jan 17% a5% 20 6 Apr 7'/a 8c 597 a30% a30% a30% 150 32 ,>70% 470 69 70% 41 ' 26 y8 ' - common 41%' 38 15% 1,788 " 15% 32% 13%- 450 13 a25% 25 a28 a28 a28 % 151 28 Jan 29 y2 230 13% (Un)__• a31 a30% a31% 212 30% Jan 31% 28c 061 25c Jan 1.60 2,509 31% 31% 31% 493 31 a50% a'49% a50% 49c 1.60 May 21% Jan 33 y2 Jan 32% Feb Jan 154 44 % Apr 48 y2 19% 195 16% Jan 32% 32 % 1,454 31% Mar 19% May 34% Mar 33V4 33% 132 32% May 57 57 % 850 55 50% 25 „ __ 50% 332 60 36 Vb Mar • Jan 1 8% 8% 8ii 1,000 7% '4% 4% 4% 1,686 4¥4 Jan (Un)—1 11 11 11V2 460 1 __ 53 y4 Mar Jan • (Un) Airways (Un) .50 — a2l% a22% 19 33%o 19 Apr 21 y4 May 25 Feb 19 50 Mar May 26 Vb Jan 10 10 210 Jan 12% Jan 65 65 129 61% Mar 68 y4 Jan a22% a23% — 143 23 Apr 24% Feb 29 155 26% Jan 30% Mar 85 43 y4 Apr 46% Mar 47% May 54% Feb 16% Jan 21 3»/4 * 29 * a46% a43% a46Vs • a50% a50% a50% 9% 38 19% 1,331 (Un) (Un) • (Un) (Un) Corp 19 Va 1 18% Apr 4% 10 3 Vb May 5% Feb a3% 40 4% Jan 41V2 412 3¥2 May 40% Apr 48% Feb 14 __ 1,341 41% ' 50c 3% a3y8 a3% a3y8 • (Un) 127 1 17% 17% 259 >>)% a33% 53 * 1 (Un) 50c A & Ltd Co 5 (Un)__5 Corp class A 10% 10% al0% 22 10% Mar 12 25% 26% 140 8 16 ¥2 3,691 13 y8 May 16 y2 May 28 '32% Mar General Foods General Jan 19 83% Jan 43% 558 a21% a21% a21 % 16 al3% a 11% 43 19% 84 1,000 a 319 319 20 9% 9% 19% Motors (Un) Utilities Public Gladding McBean 9% Goodrich (B Co F) (Un)— * 34 53% 10% May 14 19 Mar "28% 44 56 y4 Mar Jan 53% May a78% % 20 2% Jan 4'/4 Feb 43 "48% Apr 56% Feb 3 11% .11% 557 Mar 12 Va Jan Greyhound Corp (Un) 11% 77 10 y4 Jan 66% 11 Jan 81 Apr Jan 19% Feb 52% Jan '67% Feb 97 a55% 58 150 5c 1,000 755 1 23c 27c 3,700 Edison Co Ltd com—25 preferred —.+1 4c I6c Jan 37 935 34 V2 2,119 25% Jan 1,354 32% Apr 33 ^ 35% Mar 100 24% May 697 24% Apr 28% 28 Vb 28 Va 172 27% May 29% Feb 31 32 Feb 28% Jan a30 20 cumulative preferred 25 27% 27% 100 27 Vb May 31 y8 31% 130 31 —2 26% 26 26% 2,080 5 11 11 11% class A pfd—25 Petroleum Corp Co 65 (Un) Co Brands Oil Co of Co (Ind) (N J) Inc • • (Un) Inc v Apr 34% Feb Jan May 30% May 12% Jan 365 51% 63% May 51% Jan 405 110 a23 % a23% a23 Va (Un)—. 45% 45 46 64% 64% 100 110% 111% 685 a23% a23% 23% 1,717 ;C4% 20 _25 — (Un) „ 1 28% 28% 29 —1 19% 19% 19% 23% 23% 28% 28% 29 25 19% Apr 92 Jan Jan 28 May 73% Feb 60% Feb 25% Feb 50 May 68% May 121 May 24% Feb 35 Vb Mar 17% Jan 120 22 Jan 25% Feb 510 24% Jan 29% Apr 309 a89 a92% a91% • 50c Jan Mar ,19% • 1,828 -_20 44 62 y4 293 Corporation common. (Un) Feb 11 • (Un) Jan 15 25 Calif Jan 25% 639 * 65 Vb '51% Company Company 31% May 26 a30 Oil 40% May „ 24% 25 Webster Jan 25% • preferred & Feb 30c * 24% 25 convertible Railway Feb Jan 25 preferred Pacific 8c "82% Jan 29% 32%' —25 preferred Southern 56% Feb Mar 28% 29% 14% May Jan 40% 55% May 63 36% * 15 38% Mar 17% a58 a Jan 11%, Jan a52% a53 Va 52% 35% 34 75% 84 Jan 21% Feb 100% May 95% Mar a95%a97% 43 19% 650 18y2 Jan 23Vb Mar 19% al9% al9% 30 20% Jan 22 10 a35% a35% a35% 25 32% Mar 37% Jan 2 1 Gulf Tidewater 19 y8 • al8% __ * ——— Oil Assoc (Un) Co Transamerlca Corporation Tri-Continental 36% Mar Jan a48% a50% a79 l.l<rtfpr 58 y8 May 8% May 140 5c Preferred May a50% a3 Jan Apr a 19% 91% Mar Jan Jan Goodyear Tire & Rubber Co common.* Graham-Paige Corp (Un) —'• Northern Ry preferred (Un)—* a3% 55c 50 V4 115 75 Sulphur Co (Un) Textron Incorporated common Jan a78% Great Jan Feb 882 18% 5c Texas Feb Jan 150 • 18% 75% Texas Apr 100 a 13% 13% a36% a37y8 —< 5%% preferred class C (Un)— Sylvania Electric Prod (Un) Feb 17 53 34 53% , Feb 13% a36% • 8tudebaker Corporation (Un) Jan 13 y2 18 '/s a 18% a 270 6 Bunray Jan 54 100 34 90c 325 46% 13% 18% 15% Jan Jan 13% a Jan 46% * —25 Apr 50c 2,130 a34% a34% a34% 15 Standard Oil Co Feb 44% Mar 49% 200 485- -—-—25c Stone Apr 12% 23 Vb 48% (Un)———5 Co & 22'/4 19% May 49% Jan 5 8% 8% — -5 & Company Standard Jan 120 a43% a43 % • Corp common General Paint Corp common 48% 743 54 1,108 1 Standard Oil Mar Jan 315 314 53% —• May 13 % 350 19% 53Va 1.40 Company -Southern ■ 24% May 11% May 100 60c 62 %c 319 11% 13% 13% 90c 53 5 Trading Corporation Southern 96% May 43 80c 53 1 —— Standard 14% 341 20% Mar Oil Southern Calif a— 1,098 9% (Un)— Corp Jan a__ 12 Company Southern Calif Gas 6% Apr 16% v 100 31 90c * 4.88% Mar a21% a21% 2 Co 9% a93% a95% : 31 — 1 4.56% 12% May 54 a21% 1 — Corporation Electric Jan Jan May a94% 16I/4 —1 —l Co Finance 4.48% Feb ■ 16 common—1 new Co 4.32% Jan 20 a47% a49% Co Aeronautical 4.08% Apr 49% 1 A 33 % 200 • General ,, 189 a25% a25% Bank—100 Natl class Stores Jan 170 a Oil Southern Calif 17% May 21 % Feb 8 —4 Corp Phono Merchants & 17% May 16 V2 May 32 y4 Apr 12% _—10 Co. (Un) Share Products Radio 13% Feb 50% aio%: Gas Manufacturing Co Sierra Apr 28% May, '• ' Co & Feb May 8 10c 5 6% 26 50% a48% Co 103 ,-//12% 50% __5 (Uni_.—• (Un)—1 Jan 24% Mar 36 17% & Mar 3% a3y8 „ 1 Feb 7 13 Vb 835 65 _3 9% 10% Mar 19 Va „ 2)0 ..1 America Feb '61% Mar * Signal Petroleum Co of Calif Sinclair Oil Corp Socony-Vacuum Oil Co Inc (Un) Jan - 17% Feb 2.10 May 19% __ Signal Oil & Gas Co class A Feb a24% a25% Feb 41% May 16% May Jan 28c common (Un) Corp Sears Roebuck Jan 1 Apr 19 Jan 1.60 __ 28c 10 Co Schcnley Industries Shell 13% lVh Oil Seaboard Apr 13% Corp__ class • Kodak Bond 82 —• 84 50 Jan 33c Jan 1.6O Feb Jan Inc & ; 38 Jan common Inc .—: Nemours May May 4% a25 % a25% Feb 30% May 14% May • Safeuay Stores Inc St Regis Paper Co (Un)— Jan 19% (The) Industries Fitzsimmons • of Ranch Rice Jan 171 Aircraft new General Car Company Corp Rheem Feb a57/a ' . 19,200 Jan .11% Jan -8 (-Richfield Oil -Corporation reb 44 % a25 % . 17c 15% 22% Apr 2yVs 22 185 500 Corp (Un) Labratories 64 Jan 610 528 Curtiss-Wright Corp common de Jan a22 — Corp 68 101% 102% 1 5% 5% (Un) Co of America 27 a21% Aircraft Zellerbach Feb Jan Mar a21% (Un) Corp Publishing Co liy8 31 (Un)——«♦ System Inc Edison - w-18% al5% —10 Corp Iron Corp & Curtis Garrett Oil Ryan 24 v2 a5% 25 Solvents Creameries 23% 0y4 Mar a44% a45% .—1 —1 (Un) - a64% a65% (Un)—:—_i_* Company— Crown Exeter Oil 51% Mar 18% May 10% Jan 1 Reserve 210 Consumers Power Co Farmer's 16c 14% 1 Feb 419 Vultee Emerson 7V4 1,640 Engineering Electrical Apr 22 Grocers Eastman is'/b 15% (Un).XOO Republic Pictures Corp (Un) Republic Steel Corporation (Un) 9% 3 —* , Consolidated Electric 53%. Feb 16% 16 * .— Consolidated \ Jan 4% 16 ! Co— Consolidated Edison Co of N Y duPont 42 880 22 Gas Dresser 44 5% 9% Fuel DuMont 155 Feb Clary 1 Multiplier Douglas 17% _.l ; Theatres Pure Feb Commonwealth v Feb 69 Aircraft Cousol 19Va Mar 73% May Jan 15% 50 Certain-teed ■' 59 y2 Jan Commercial ; 1% Jan Jan Apr Cities Service Co f Jan Jan 50% 48% Pacific Columbia 19Va 25 Corporation 11% 65% (Un)— Colorado Jan __ 10 " World 460 45 —.— Chrysler Corp ■ Jan 42 16c Puget Sound Pulp & Timber Co Pullman Incorporated (Un) Feb 50 Chesapeake • l'A Mar a645/8 a647/8 California Cessna 300 9 59% 15 (Urf) ♦' Caterpillar Tractor Co • American 100 5% Corp Jackson Canadian 65 75 Feb 24 17% May (Un) Pennsylvania RR Co (Un) Pepsi-Cola Co (Un) Phelps Dodge Corp (Un) (Un) ———r_i._5 Department Store Inc 10 Co 94 810 • Elec Motor RKO a a70 a46ya a46Va __ Jan 1.15 May 27 Indemnity Co 51% 8% 1 a68% 4 Jan 1 preferred 11% 2 (Un) 21 y2 a687/a 65c 35 Corp of Calif & 50% ' Byron Gas 11% 51 71 Feb 4% Feb 163 2 Corporation., Company Broadway Finance Paramount Pictures Inc a47 Vb a47 % Warner Budd ._* Corporation-, Boeing Airplane Co Borden (Un)_L Corp 8 a48% a5iy8 1% 1% 1% - 693 114 Company (Un) Company '(Un) Packard 41% Mar 50c 70c a23% a233/a __ • Lighting Corp 17y2 (Un") Co Jan al0l/8 alOVa Petroleums Ltd 165 7% Feb 41% 2'/2 May a27% a287/a Aircraft Inc Pacific 120 a50% 2.00 Jan 1,430 a287/a (Un) Railway Go Pacific 2,530 —5 Jan 41 y4 2% 70c 70c I 8% Mar 5 Company Diamond Bolsa ■ Steel Oil (Un)_ 90c 93 2% alO% Edison Philco Corp Pacific Feb 71 3% 201 RR Apr 176 y4 7% May 5 20c 30% May l 12% -Jan —50 __— Apr (Un)„_* Corp Amer Aviation Inc Pacific ' Basin Gil Co of Calif Feb 25% ' 3% - Feb 18% ' 66% Mar 510 Feb 15 V2 May 19Va Corporation Limited-. Pacific Jan 40% May < 1.20 42 V\ 157% Mar Jun 159 Feb Jan Mar 97%c 5 Occidental Petrdleum Corp Oceanic Oil Co„ 20% . Central a43% a44% __ Feb 10% 500 1.65 a44% • Inc Prod Northrop —1 Bros Corporation Preferred Lines Feb —10 Petroleum Co Barker (Un) (Un)— Feb 41 434 11% 11% ' Corp Apr Pan Baldwin-Lima Hamilton Corp (Un)_,l3 Baldwin Securities Corp.(Un)— 75c • 1.6O 7% 20% May 940 26% 1 May ' 15y4 Mar Jan 36% 115 7% - 395 26 3 47 Mar 150% 449 y4:, Inc 16% , Jan .71 810 41 . —5' — Manufacturing Corp 36% 40% ;; V.*i Atchison Topeka & Santa Fe*(Un)_100 Atlantic Refining Co (Un)___ .125 • % Co 21% Feb !l2% 886 9% -4i 10 Wn) (111) 36 34 26 18 (Un) City Pacific Ameircan Inc Northern 70% May Jan 13% 20 Vb 62 a 155 W 600 Feb 180 - 1,935 l!% 20 (Un) Distillers 'Nordon Feb 3% al8 a74% (Un)_* (Un)_ 29% '2% May 15% al8 I!-* C„: > ' 22% May 120 a45Va r>, * (1 Smelting & Refining American, Tel • Inc 68% 68% Jan Feb 67 18% May 8% Jan 1 10 15% * New ' High 424 . '40 Jan 77% Jan '7 100 Feb 16% * Apr 58 y8 307/. 1 00 29c 33% May 8V4 Jan Feb 75 115 15% ,1 Power National Range Since Jan. 1 Low 2% '7ya High Jan 16% 160 1,018 a87/8 301/ . 1 National Share* 24% 7% a8% 1.10 I 59 ' ■64J/2 al8% al8% __ . Biltmore Nash-Kelvinator High 2% . — 63% a8% 10c Corp (Un) Angeles Motorola ■ —10 Mining al6% al6% a72% a73% ,7ya 1 ? McKesson & Robbins Inc CUn) Menasco Manufacturing Co ■for Week Range al6% ;g3% Mascot Oil Co Sales -of Prices 441 7c 29% May 5% May 7% Mar 8% •Apr 1% Jan 1,300 Loew's Jan Angeles Stock Exchange Sale Price 5% a73% • (Un) Co Aircraft Montgomery Ward & -stocks 5ya 5^ 511 4' common Libby Petroleum Lockheed Jan 7y8 600 Week's, 1,000 30% ♦ Merchants Petroleum Co Friday 24c 30 5 Company Co McNeil Low 24c ■, (Un)__8.75 (Un) Montana Los 24c Range Since Jan. 1 High 30% 1 17% Mar 9% May 4% May 300 ' , & Copper Laclede Jan Jan Chemical County Land Co 2% May 9y2 Mar Jan 2 11% Low —10c Corp Power Kennecott 22 y4 Mar Lincoln Soss ' Shares May 4'/4 •' Kaiser-Frazer Jan Kern Rickel for Week -Far Jade Oil Company Kaiser .Aluminum & Jan 6% Mar Jan 56% 3% •' 21 common 'High Jun 55 Brewing Low 450 4% Davis Pfeiffer High, 3 Sales Range of Prices Friday STOCKS 3% 1 , Week's Last Sale Price ■ Range SInoo Jan. 1 3% * A, _ ; 1 Sales Friday Corp — (Un) Twentieth Century-Fox Film . MayO Carbide & United (Un) Air Corp Corp Aircraft United Carbon (Un) Inc (Un) Lines — a29% 27l/2 6 10 19 Va 3,507 16 y4 Jan 20 y4 Jan 11% (Un)_» Union Oil Co of Calif common 25 36% Union Pacific 'Railroad Co (Un) 50 al02% Union 18% 11% 532 10% Apr 13 Apr 19 Vb 261 18% May 24% Feb 58% 58% 35% 36% al00%al02% a29%a31/a 27'% 27 /2 469 53% 59% May 40 % Apr a 18% a Apr 34 Apr 100% Apr 1,439 55 162 103% May 30% May Jan 40 Vb Apr 30% Apr 4 360 Jan 4% Jan May 21% Feb 23% * Hancock Hilton Holly Oil Co Hotels of California —5 Corp Development Company Oil Corporation Honolulu . class A_* Hudson — Foods Hupp 6 14 576 1.90 300 a54% a54% 70 13% 1 * a2l5 13% -1.85 . a54% Corporation Petroleum Iron Co (Un) Corp Co Tel & Tel 66% Jan Corp— (Un)— see 15V2 May 20 Feb 18 % Jan 28 43. Paramount United United United Theatres (Un)—1 (Un) 10 19%. 19'/a 137 18 61 % 61% 390 52% -* 40% 41% 1,478 10 88% 90 y4 1 8% 9¥4 400 12 12% 1,100 Rubber Co States States a3% a3% 40 3% Apr a4% a4% a4% 1 (Del) 55 8teel Universal Corp Consolidated Oil Pictures Jan 40l/4 May 65% May 47% Jan Mar 10 :—_—* (Un)_* (Un)——7.50• page Corporation United Universal 125 560 Corp> (Un)_——* Fff ' footnotes Jan 22 —100 of Canada Ltd International-Paper Go Int'l Feb 2.10 al6 a59% a59% a59% 9% Nickel Jan 17 ■?' 21 —-1 ; Development Intercoast Apr al5% 3%c Inter Jun 1.80 56 Feb 22 Ltd—.—25c Interlake 13% 239 al5V2 Independent Exploration Co_—_—33y8c Imperial Jan 12.50 Inc__ Illinois Central RR Co -• , 185 __6.66% Motor Car Co Hunt a210 2.30 1 2.00 al7V4 34% a50'/4 33 % 200 2.30 a 60 5,000 9% 1,300 17% 75 34% 260 a50% a50% 15% 43 3%c - 15% • " 20 767 May 4% Feb 68 % Mar 2c • Jan 5c Mar 9% Apr 11% Jan 2.00 Apr 17 West Bros Pictures Inc Inc Kentucky Coal Co Co (Un)_ (Un) (Un) Air Union 12% 5 -4 1 Lines Inc Western Western . __ 13% , 750 . Jan 91 May 8% May 12 Feb 63 11% 28 Feb 655 12 Jan 15% Apr 253 44% Feb 13% a - 22% 14 '. r 25% Mar 12.50 38 38 260 Willys-Overland Motors Inc (Un) 1 Woolworth (F W) Co (Un)———10 Zenda Gold Mining Co lOo Zenith Radio Corp (Un) * a9% a9% 100 9V2 May Telegraph Co Elec Corp (Un) (Un)—:* a36% 13% May a36% a37y8 a22% 33 Apr 39% May 34% Jan Westlnghouse 2.75 40% May Feb Apr 20% Feb 33% May 52% Apr 39% Jan 13% 18% Mar Jan Warner Co 53% Mar „ a43% a43% 85 11%C13V2C — 6,000 a63% a657/a 165 - 44 8c 54 12 Jan Jan 45% Jan Jan 17c Mar Jan -67% Feb V' ' .1 m The Commercial (2320) ?(?hronicle a Monday,. June 4, lj .... rA>'i, ^W".. OTHER STOCK EXCHANGES RANGE FOR WEEK ENDED JUNE 1 Friday Week'a Sales Last Range for Week Sale Price of Prices STOCKS Par DAYTON & GERNON V * ,<• j'" • CHICAGO 3, ILL. ST. 105 SO. LA SALLE Reileman (G) Brewing Co_. Hein Werner Corp — Hibbard Telephone Central 6-0780 ' Members: • . Illinois ■' Illinois : ———1 25 41% •: 25% 550 25 10 9 ="4 — EaafittlAee Jan. 1 High 25% 3 —— Bartlett. 350 9 ;v Apr., High: 27% Feb - ' Jan 11% Feb Co 31% 41% 20 38% Jan 44% 10 Spencer Brick Low Sharer 11% 11% 200 10 Jan 13 Feb Feb j . MIDWESTERN LISTED AND UNLISTED SECURITIES ^.100 59% 59% 100 5s May 74 Va Feb Independent Pneumatic Tool * I8V4 18% 150 18. Man 20 Feb Indiana Chicago Board of Trade Midwest Stock Exchange 1 Central Steel Inland 'EAU CLAIRE LaCROSSE MADISON Products Co International Minerals Paper compilation of the round-lot transactions STOCKS Last Abbott Acme Gas . Kaiser Kansas High- Low City Kansas Bang* Sine* J am. 1. High Power 50% 200 47% May 15% 400 13% Jan Elec (Un) Affiliated Gas. Equipment ' American Airlines 30% 30% 100 : 900 35% May 55% May .. 18% Mar _ 25% .Jan. 27% Jan 21 23 Va Jan 31% Jan May ;23% May ■ . . + * 25% 24% 25% 16% 16% 16% 53V2 May Katz 33% Jan 300 3% Keiley Island Lime & Transport- 100 29 32% May 29% May 200 8.75 22% 24 26 Mar 16 • May , Jan 17% Mar,' •- Feb >/ 24 Mar Apr 8 250 7 8 150 7% 8% May Jan 8 Jan 500 Drug CO Knapp Monarch 4 11% 4 y« 4% 3V» 1,000 / 33% 33% 50 15% 15% 15% 1,600 14 Va 14% 14% 1,500 . 600 8 May 21% 100 20) Jam 15V* 15%r 8 15% 1 5 4 4 >/* 100 5 Ar Mar 7% Jan, May 400 : Feb 18 14% Jan 1,150 5 33V3C Co 13: 25% Apr Jan '4% Feb . 11% May 4% May,- Jan > 9% 21% ;• Kellogg Switchboard 4c Supply com—* Feb 10 Jan 9 300. 10% ■ 4% ——_1 30% 1 Light (Un) 27% Jan . (Unj 2,100 1 & 42 7% Allied Laboratories 600 24% Power & Light 100 3 Va 1 50c 21% 24 Corp Kropp Forge Co Akron Brass Mfg. Alleghany Corp (Un>_ 21% 24 a 100 "/ 5 26% 21% 26 Mar 26 Feb < Chem & 26 10 10 —* (Un) 52 % 7% 5 1,400 35% 50% 29% 24 — 35 15% 52%. 52 % Co Admiral Corp Advance Alum Castings Aetna Ball & Roller Bearings Feb 800 32% ' Aluminum Jan 37% 300 33% • ■ . 41 40 31% 14%. May Jan 7.50 & St Light • 61% 39 Jan, 31% May 40 8% Chemical—5 (Un)— 29% Laboratories Steel •. Sharer of Prices Loto Power 48% May & Jones <fc Laughlln Steel Corp for Week ./ Range . Sale Price Illinois Iowa Sales Week's Friday Iowa only. 400 (Un) international Tel & Tel Midwest Stock Exchange 300 49% 40 Harvester International A 13 48% 33% Steamship Co international 'V 12% 49 steel Interlake MHKNEAPOUS RR La - Salle Extension 3%,May 4% Jan Laclede-ChrLsty 33 Apr •40% Feb Laclede Gas 13 Jan 17 University,, Co Co .5 4% 4% ~7VB 4 100', 4% 4% Jun , • i6 .5 — (Un), i6: 7Vb 7 5V2 Jan >. ,15^rMar..v..<; ,100 1,500 V#; 17-T'a .Feb • .7% Mar/ Apr ■ As Sessions Lamson American Rad & Stand San (Un) Hj American Tel & Tel COAnaconda Copper Mining Armco Steel Co Armour & Co J • _100 (Un) 153% 155% 155 V* ' 50 > it — ■ 41, Asbestos Manufacturing Co —_l Ashland Oil & Refining Co common— 1 $1.20 conv-preferred "9% 38% Apr 40% May 44% 51V* Jan 9% May 12% Jan ': > : 33 33% >36% 36% 33 % "7% 7 2% 40 7% Co $3.50 Barstian-Blessing Co Belden Mfg Co— BendixAviation Corp Bcnguet Consolidated Co ; 46% 46% ) .10 ; Feb >:> Lindsay May 28 Vb Jan 6% Jan 8% 1% Feb 3% 51: 8% Mar Lt Ac Chem Louisville Gas Marshall Field Medusa (Un) -IP 1% -1 6 "l 18% -5 12 ___ 51 Apr 21 Manufacturing Co Booth Fisheries Corp,"— 'L 1,200 1V4 & Portland 6% 51 Vr 52% 900 '4% Jan 18 18% 14i4 400 12 400 Feb 8 / p-: $1 Brown & Budd , Bigelow Co (Uni Co, 900 15% 14 64% 900 60% 20 Jan -12V» 12% 100 11% — : ,—— _• 16% 400 16 31% 150 28 -16% —8 31% 20% .12.50 — common. -31 201/4 20% 50 12% 10 ... Pacific (Un) 23 —— Central & South West Corp— Central Illinois Light Co—, '*' ■ Jv . 1 >;»* ' 13% Feb -: Portland 5 ^ 12% 100 24 14 - _• 18% Jan 39 May Jan 18% 22 Jan 12% May 700 14 33% — 33% 21% 700. ' Convertible 32% Apr .'2% 2% '500 25% V 25% 50 _«r 30% • j.1'/ common preferred Pacific Ry 5% x30% participating 13% •* * preferred.. Chicago Towel Co common Convertible preferred Feb Jan 2 64 500 43% 43% 97 98 114 71% 1 70Vi 21% ; • f. »•, -V (The) ,4 20 16% Jan 2'> ; Consumers ' • Aircraft ■ Standard t ; 114 & Tile 21% Jun 26 V*. 99 Feb 31% 100 32 100 29 33 13% 281/2 "17% Co preferred——A——_50 g • 900 . - Finance General Motors (Un.)- Jan 33>/4 32 XlO • " XlO -5 16% May v _15 30% v- 32%. 300 f 10%- i 300 1,000 7% 4% : 7% > 4% Co Illinois 21 \ ■ Jan Apr, 29% May Jan 34% 69% 46 100 12 12% 28% 200 30 - . Mar 36 Jan 64% 74% Jan 40% Jan Feb 51 - Mar 400 9% 900 7% May 1774 Mav Jan 12% ,r Jun - ' 8 19 Vb lo 19% 400 18. 18 100 40 40 • „ 50 . '••* 22% ' Mar 17 32 ,t-: 9% Mar;? Feb 18 Va May 40% rJan Feb .1 7%. . 87/« ,* 17% 17% 15% 15 15% .10 IB V* •18 > 18V* 9% 9% . 4% 2,300 * 18 1 (Uh). 600 15 400 ; / 87/b May Jan 17% Jan May, • Jan 26 V4 19 17% May 1,000 Feb (Un) — # Corp— 200 " (Mi***?*— 19 % Apr 8% Mar 9% May 9% Apr T0% Mar " " 1,300 33% 650 9% 97/B 10 " Bancorporation / — 15 Vb -1 -8 fUn)— 32- x31% x32% 4Vb 4% 900 22% •35 V2 Apr Jan 32%. Jan Jan 16 V# 13% Jan "30%? Jan 1,700 • 5% 22 VB —,• 29% 15% "1,000 " 14% " — .1 (Un)__—: Pictures >6% Mat Jan ,5 50 19 19 115 115 10 10 19% : 21 ; 25% Jun 10% Jan 18% May ; 1,000 700/ Vi Jan 8 100 8 V4 8. 8 26% Jan . Feb • • Service Service Co Colorado of Co 115 " Jan 115 200 " 200. 10 . 125% Feb -12% ; ' 33¥30 (Urn., Co Jan ;9Va Jam,. ■ " 26% 10 200 26% Jan V, 25 Pure > (Uni Oil Co Quaker • 50% Co —5 27 27% Oats - » 27% " '48% 50% 33 33 33 19 VB 18% 46% Jan 300 19% > -100 ;.47 Feb 21 31% May / 7 i ,30 Feb 54% Feb 26% May 1,100- . -m : . com—_• of Indiana Feb / 30 VB , Mar Feb 90 200 17 700 94% 95%' 300 X43% . 43 . 15% ; * Feb 5% Jan 79% 15% 20 Va 400 13% 13% 200 19" 14 100 13% Apr 13 10% 200 VB 1,350 2% 53% 200 2% Jan 200 49% Jan 13% May f Republic Steel Corp Rexall Drug (Ufcb Richman Mar > J St "40% 6% 15% Jan ! Bears 24% -19% May Securities Feb 14% Mar •4oy* 40% 41% 700 ;39 4% Jan 1 Jan 12 .' 191* . /May..',' May- 49% • J ■6% May 500"; 40% May 700 9% 9 1.40 36 42% 27 45 43% Service A com—;—.* Feb 8% Feb 43% Mar 3,200 300 37 . , / 46 Jan St Roebuck Sc Uo.,—.—,. * 52% 53% .10 Co Investment Louis May< Feb 10 7% .Jan; 34.; 41% Jan Apr ' /• 10% 10% 10% ,1 15%, 15 15% 57% Feb- 51% Jaa 50 200 400 of common— 16% Feb Serrick Corp class B common. Shell OU Co 13 May tmellmar 13 ; 8 78 10% Jan . 10 ■ May 7% Mar , 13 V* Feb 13 10% Jun 16% May Jan Jan ' 9% Jan. 6% 6%, 48% ' *, 49% 100 6 1,700 3% Feb Sinclair Prod 54 200 58% Mar Feb 57 57 38% 37% 38% 1,700 26% Jan 40% May 37% 36% 38 ; 5T+.:, 5% 1,000 .34% Jan, 40% May —15 • Corp, Jan 46% 6% Feb Jan 54 May Corp— Oil 10% 700 *9% Jam 28- 400 24% Jan j 30Vb 28% 37% May 36%". 200 '3Vb 3% 500. 11% .1 29% 28% 67;i Jan 31% May 100 //J5# May ,25% Jan 2,600.. * 29% V ' i V South ■ Co (Un) .,. 23 7 22% 23 —5 11% 11%. 11% II Va 11 % 62 65%" 35 Va 35% 300 22%- 22% 100 2 ——— -—F 5 " 11 1,200 , .28%" Jan 21%? Jan 100 —.5 Lathe- Works—". Bend Southern 12% Jan May 11 ./May. 14% Feb 597»Mar. 69% May 33% Mar 500 39 2174 Feb 36 36 , .1 Socouy Vacuum'Oil"(Un)——— Spiegel Inc 10 10 ; 56% Mar - 27 Feb 11% Jan 2% Jan Standard Oil of Standard Oil Co (Ohio) Steel Spring 25 Indiana 65% common—10 (Un)„_^ 22% 1 1,200 22 " May 25 Apr 16 May 19 V* Jan May 4y* Feb;' -17% 16% class " 17% 32 32 50 1,050 HVsMar - 323 13 15 V#-Jan- 19% Feb 30 33 Jan- Feb 200. 13% Jan. 19% Feb 700,' 11 Jan 12¥*v Jam 23% 750 22% Jan 16% V 24% . . Sterling Stewart-Warner Corp Stone Container* Corp J—. Storkline Furniture Corp Studebaker Corp Sunbeam *7%- Bammond/Instrument Co,.. 19^/4 21 34% 34% -, 7%" 2,000-. 250 50 6%.May. 19 8% Feb Marr 28% Jan Products.. —5 ...5" 7 "150" 14% 14 , .. - 17% 17%/ 40Q - 10 „ 10% 500 14"Mar. 15% Jan , 1,„10 (Un) .—1, 10 V* . 19 V* 1,100 29% 28% .^8% Jan> ' 50 19 "19 IT, 9% Jan 17 20% Mar Jan 15% Mar. •/27TiMay- 26% Mar . " Ballicrafters Co Aluminum Feb 11%. 11% 16Vb Greyhound Corp tUa)-,—. Griesedteck Western Brewery- 24 ■ , 37 Ml paf*43. 800 * ; t fiarnisehfeger Co, TP > 6% 40% Stockyards——___* National Louis St Louis Public Standard 41% • — — .1 ' /3% Apr 9Va May 14 % Ja n : 200 19% ; -• 2% (Un),.—1 Co,. Bros Society Brand Clothes Inc. (Un)— Gfeir Bros Cooperage 18% 48% Jan ' /" 13% Jun 400 9V« 0U0 500 3% 9 V* ' 101% May 42% May 19% i Jan 92% Feb Jan Jan 500 16% 2,600 " 3% —5 — Manufacturing Co.— Remington Rand (Un) . Sehenley Industries (Un), 43% 8 (Un)^_—— see (Un) Corp .• 1 * Jan 82% ; 15% v 13% • 9% Mar 10 — • Pictures Raytheon 35 Va Mar Jan 12% ...» Corp of America (Un-) 12% Jan ,15Ta s RKO 34 V2 Mar May 14 - 52 % May v 7% Jan V . 16 , : — JFttr 23% 69 V* 7% Changed to $5 (Vb) Public Mar 4% 600 300 - '90 94% V 2% 52% Gray Drug Stores ^ Great Lakes Dredge St Dock.__^ Great Lakes. Towing common " Co— States- Power Pepsi-Cola 29% Mar : 31 > jan 27 V2 Jan 10 ■ - 16 10 13 33V4 : - ';"i% Corp common Corp-, Graham-Paige. Corp ' 50 May 14 27% Jan ") 100 x511/2 x51% 32 15 Gibson. Refrigerator Co.. Gillette Safety Razor Co,, Glidden Co : 46 Peoples Gas Light & Coke————100 33% Mar Feb 12% 4,800 " 17% 33 V4 ,23 Cleveland Nav ' . X69% Peabody Coal Go common Pennsylvania RR * Radio General Box Corporation— General Electric Co (Un),— . 35% 27 /12% Feb ' 46% Mar ' Four-Wheel Drive Auto,. General 31% May,.J 32 27 . Apr 83% May - 42%, Apr 30% Jan — , 400 32 Manufacturing.,. American Paramount ■ , 17% 34% Co Packard Motor Car 1 Apr 300 Falstaff Brewing. Corp Pitz-Simons & Conneil Dredge ds. Dock Co———, Plour Mills of America Inc— , 15 V* May ' Apr 82 : —— 1 400 3 Oak Mfg Co— Ohio Edison Co Mar" 101 116% Apr 68% May 1,900 Feb 200 28 28% (Un) —ll * Kodak (Un)——— ElglnV National -Watch.... Erie Railroad (Un)— Evcrsharp Inc . 15% , " ' Eastman ' 6% Jan 4%-May. 11%'May • _* American Aviation Northwest 29% 43% May 441/2 13% Ou Mont Lab Inc (Allen B)? class A-IOb du Pont (E I) de Nemours (Un) .5 1 ' " 1 . • Dow Chemical Co ", ; Jan v.' 19%,Mar/-., v 200 19% Par value 32 '•? Domestic Finance Corp class A_——L ' IfV^Mar/ 50 " Curtiss-Wrightr Corp' (Un)——1 ■* 4%- Feb 10 V2 9%.May>-. 50 200 Jan 7% 65% Feb - Jan 91 10 Feb 85 .5 Consumers Power Crane Company ,1— Detroit & ; / 43 . 11% 12% Northern j-v.-'-y-*,-; May 43% May 1,200 22% 831/2 ' 43% . —l Co Ih'c Vultee 'Xyjy,v r " *4%-~ 27 — Public • 38% Feb ■ 34%-May.; 6 Jan.; : 5-15% —2.50 —50c North • 38Va Feb 63.Va May 40 , 71% 21% 83% 44% Columbia Gas System (Un) • Commonwealth Edison ——r_—_25 Colsolidated 9% 32 New York Central RR lUn)—1 31% 100 ■ Clinton Poods Inc^-- 1 100 3% Feb 100 114 —— j, 100. « 11% . pref. National Feb 27 Vh May r.f,.';'' .25 4 Va'% preferred Cleveland Elec Ilium Co— 1 ' 32% May . 29^/2 Jun .' 300 / 19- 25 Cement 15 Va Mar Jan 12% • 200 20% * a —— 900 13% 20 100 Cleveland Cliffs Iron. common 1 9% 19 1 35 Va 30J/2 May 1,900'; 63% . Coleman 30%- Jan , 29 V* Feb • v 22% Jan : — : 31 131/4 _* — Chrysler Corp 1 6% > Nash-Kelvinator Corp. (Un) 5 National Container Corp.————1 May 15% , 13 %' May 100 24% ,13% . 33% IZI25 iUnj. Chicago'Milwaukee St Paul & : 1 .—,—10 Piston Ring Muskegon Northern Carp 81 —May rr4% - Apr :.->b--/*VFebr--. 100 Feb North CentraT 111 Secur Corp common.. 81.5ft convertible preferred— Chicago 34% 6% " • Co $3.50 Motorola Inc * * ChesapeaKe «fc Ohio ' Jan > • Feb . 52% May ,» Feb * : 30V*. 34% .4 Products,,— Food- prior preferred National Canadian 23 ■ r 63 . 500 / .10% Feb- ; " (F).Manufacturing Bros 8%/ Jan 19, 52^VMay«.;* 150 3% 32% 29% 29% :,•* ; Montgomery Ward & Co 70% 1 ' ■ Inc South. Utilities Inc Missouri • Mar Jan 1 . 10 Apr Jan 641/4 I_~_ :j Burton-Dixie Corp Butler 17 > 64V4 r" 3% ... Co,— Muter Company Burkhart . 17% 5 17% 73% ^ 250 ;'• 32V* Minneapolis Brewing Co 1 Mississippi River Fuel Corp common.io Jan 18% May Jan 10% Jan __io . - 19 V* Mar. . • Middle Feb >60 49Vb Jan-.' •' 500- ■ 73% ,'(■ 1 (Ky)_-__,„* Cement Monroe Chemical Borg (George-W) Corp——— Borg-Warner Corp ,, T i 19% 52% 73V* . 100 8T» 19% 52% common- Elec & Mickelberry's Feb 1% Jan •12" 17% Feb Jan. May 59% 48% May 1% / 8% 1 Miller & Hart" v t c common Binks " Jan Jan ,37 17% - 500 Mining- Berghoff Brewing Corp Bethlehem. Steel Corp? (Un)„ - 100 200 . ' 14?%-Jan. —7 — Loneigan ,Mfg class B,. Jan 7% May 50 2,100 20 -49 50 % 15' 400 17 Jan ----- 46% :l9% -5 . 900 16% 17 ,*, preference... Metropolitan Brick * 15 VbiX15% 10 common Llbby McNeil -ft Llbby Lincoln Printing Co common,. 40 V* May 100 400 2%. X7% ~7% f Feb 1% 1% Jan 27% Jan 1,300 V 7 V* I3 __3 300 1%.. 1% - 4 Avco Mfg Corp. s' ■ i Athey Products Corp. Automatic Washer Co 10 Leath & Co Feb 800 900 43- "40% 10 . '' (111) 158y« Jan 150 1,800 15% Mar ( 1,600 41% io common-———5 (Un) 12% Jan : Corp.—__1—: Sundstrand Machine Tool. : * 8 52% 100 Sunray Oil Corp (Un).^ Apr Swift & Cou——i.——. 1inn 1B11 —1 -25 -1«V'2 -Jun 56 42% Jan 40ft, 52% May 19 "Feb. ■ 16% 16'% IT 18 T# lD'/st ' " May 1,300 ' "33,% . 34'%"" i;30ft j •21%/Feb 40, Jan ^Volume 173 Number 5017 . . The Commercial and Financial Chronicle . 37- (2321) OTHER STOCK EXCHANGES RANGE Friday STOCKS ■ ' Last Sale Fried Par Texas Co (The) old New1- common Texas Utilities Txaiie* Co common., wi_ Union Carbide : * 100 84% 46% 46% 100 46% 26 y8 X25% 26% 400 25% Mar 27% 2 35 26% 35 Jun j.__: 35 - 35 - 250 Jan 3% —5 16 • Feb Abbott Mar .' 53% 57% 27% 100 15% May 18% 49% 27% Jan 100 Corporation S Steel Dorn Iron (Del) (Un)__. 1 X4% Corp Van American 41% 4% 300 3% - American Power Dye (Un) Car & Radiator 1 Foundry (Un) Light (Un).; Stan San Jan American Smelting & Refining 47% Jan American Tel 41% 2,800 11 11% 100 10% Mar 12% May 11% 12% 600 11% Mar 13% May & Tej Works Bros Pictures Westinghouse * Electric (Uni 5 Corp 12 .12% 36% 37% 800 12 Va 12% 100 Co. 100 Willys-Overland Jan 40% May 17% Mar Motors (Un) 1 12 Bankshares 9% 9% 100 12% 12% 200 12 14 — Industries • Inc ... Yates-American Machine Co Youngstown Sheet *i~ 2 — .—5 Tube & 12% 14 150 12% May 12 13% 5 . 14 250 47 Va 48 48 500 May Jan 11% Atlas 15 Jan . 59% , Corp Avco Baldwin Securities Aviation Friday Week's Range Shares Stores Tel & _ .100 Arundel Corporation Atlantic City Elec Co 13 Baldwin Securities Corp Transit Co 11% __75c .• 3% Company •38%:May- 1,667 Jan 158 Va Mar 16% 200 14% Jan 17% 20 Va 1,981 18 Va Jan 270 280 223 14% * 3% 14% 100 16% 11% May 4% 871 16'A 16 71%'' 70 22 22 * 15% 25 Publishing Co Delaware Power & • common Light com... Electric Storage Battery Fidelity & Deposit Co___^ General Motors _• 5 Martin (Glenn L) & Navigation Power Jan 18% • & >}' Participating '• y -v •' • Co »! Chic 10% 100 1% 14% 15% Jan 24% Mar 11% 10 May 15% May is 2,205 13% preferred El & Jan 15% 'l'yrMayV15% May;t Jan 27% 1,644 24% 18% 19% 2,794 Jan 21 % 'Jan Jan 26% 18% May Jan Apr 26% 63% 90 52% Mar 64 % May 39% 32 35% Jan 40% Mar 27% 28 Va 2,887 25% Jan 28% Mar 5% 6 4% 1,954 Jan 7% .20 7% 7% 7% 1,789 7% Jan 9% Jan 23% 22 % 23% 1,107 21% Jan 25% Jan 22 V8 22 22% 1,011 21% 24 Feb • common- Jan 24'/a 24% 543 24 May 27 Va Feb 25 27'/a 167 25 May 32% Feb 48 Va —50 24 27 Va common 48 Va 220 41% Jan 52% Apr 1% 1% 105 • common 1% 1 Corp 1 Improvement 1% Feb 2 May 4% .13% 4% 100 3% Jan 4% Feb 28 Va 28% Inc Westmoreland Coal — bonds 3%s — 10 28% 636 26% Jan 29% Feb 22 Telephone convertible & 22 200 21% Mar 25% Jan 29% —20 32 lOu 29% May 42 $600 112 Jan 117% Feb Week's Range Shares Par Low * Duquesne Brewing Equitable Fort Gas Joy Manufacturing Lone Star Gas Mackintosh-Hemphill Fuel Supply Fireproofing Corp Nat Pittsburgh Brewing High convertible Screw & 13% 13% 169 10% 405 20% 20% 85- . Continental preferred of Bolt Corp N 6an Co Crucible Curtis Standard Steel Spring... .1 Di Jan Feb 2.20 May 2.95 48% May 51 »/2 45 63V2 70 22 .22% 80 22% Va * 20% 431 ; Jan 21 Feb Jan May 18'A 16% May 340 • 15 16 1,193 6 200 a43 344 55 65 65 24% 46% 24% 46% •; 46'/a a48% Feb Jan Jan 23% May 23 - May 14% Apr Feb Jan 71 Apr 22% Jan Feb Jan Jan 55 1.50 .. 55 45Va 375 28 Va 44% May 260 I. Feb 6 / Jan 56% 447 / . 18 48 Jan 4'A Mar 43 Dow Jan 2.25 Feb 30 % May 38 Vs Feb a20% a21% 128 21 29 % Feb 398 43% May. 591/4 Feb 70 '/4 May 82 Apr 841/2 89 Feb • a205/s a44% a44% 71%' Eastman 33 Al2% a30'/8 a32'A Dorado Paso Electric Oil a25% IOV4 31 .15 (Un) a .... -1 common- Emporium Food 17 Va A 10% May 483A 35 . 8'A May 20 85 Va Jan 48 Va May 56 May Apr 106 Jan Jan 40 a7% 50 9 Va 21 312 21 275 16 33% Co 49 49 % to 38% Feb 91% Jan Apr Jan 8 Va May 101% May Jan Jan 46% Feb Feb 27% 20 Vs 12 11% 26% Mar 245 22% Apr Jan Jan 48 Va 56 Va May % Mar 22% Jan - ljg Jan Feb 22% Feb Jan 37% 201 34% Jan 39% 51% 655 50 Jan 56% Mar a43% a43% 165 44 Va Apr 48 48% 49% 1,617 46% Jan 53% May 413% com. 37% 51% Chemical • Jan Jan 2,300 18 90 \ 9 25 49 Feb 29 % Feb : 35 Va 414 a22% a22% • Jan. 6% 1,437 a20% a20% Apr 29 83 Va 168 9% 26% Jan 10% Jan 80 Feb 43% , 33% May 384 9 % (Un) 20' 2,200 a43 a43% 96 Va Jan 90 234 8 % 94% Jan 20% May 910 : 26% 26% 5„ Co Light & 7% 94% 8 (Un)__10 (Un) 35 a92% a93% a93 % 1 Capwell 10% 101V* 34% 90 * Share Feb 80 90 3 Jan. 12% 562 20% 5 common Feb 111/2 51 21 15 Feb May 21 102 20% 10 "/ 85 % 330 21 • (Un) Feb 12% i. a38 a38% * (Un) 31% 161/2 May 50 Feb 51 Va 30'A Mar 10 ' 5 common Gas Machinery Jan a7% common & 29 Va May 7% 13% Feb -a8'A 50 25 (Un) Corp Ltd Power Jan — i— a— — 85% 85 Va -5 (Un) Co & 28i/4 May 28% 688 52% a 231/2 Mar 64 a— — 12% 12% .25 Bank a 16% 13 Feb ' 26V4 a8'A „ -1 common 52% a a52% -I a__ 40 31 ... a_- 104 .. Jan 50 a26 May 20 40 a'28 a28V4 IOV4 38 V2 Mar 31 60 - 13% a -5 Works Bond Eureka 13% Apr - 120 5 Co Natural 42 May 120 : . a321/2 a32Va de Nemours Kodak El El 51 al04 32 % a21% a22'A (Un)______ Corp Bridge IE I) , 711/4 a97% 33 a Amer Feb 10O common Chemical 51 , 596 « (Un). of a49 1.65 30% .25 Corp Co Fruit Dumbarton ciu Pont : 1.65 —2% preferred Dominguez Oil Fields Co Electric General Paint Co 13% 200 11% Jan 14% Feb 26 Jan 29 Va Apr 13% Mar 16% 10 (Un) Corp Safety State _• Razor Co Ltd Nor 49 "l Co a27% a27% Co Corp 112 68% 68% 35 68% Jun 79 Mar a54% a54% a54% (Un) 65 45% May 52 May (Un) 25 2% Jan 4 Ve 48 Va Apr 57'A 11 Jan 12 Va Jan 5 204 Mar 210 20% May 24 Feb 5 Mar 66% •. Feb 690 : Jan 48% 48% 11% 11% 11% a210 a210 20% 20 Va 20 Va 420 5 • 3 Jan 332 a77% a77% * Ry non-cum pfd Corp 14% 68 % 0 (Un) 66 Jan 14% 14% • common 100 F) (B a43 % "5 common preferred of Calif class A Oil Co Pineapple 5 300 3 Jan a53% a53% 50 53 May • Ltd Co Battery Co class B Honolulu Oil Corp Hudson Jan Hunt 12 Va Jan 9% Jan 13 Va Mar 11% Mar 22% 20 Va May Feb 13% Feb 30 30 90 28 va Feo 30% Jan 31% 31% 25 30% Mar 34 Va Feb 26% 16 % 26 Va 12% 12%- 16 ■ __ Hutchinson • (Un) * a53% . 4 Va 108 -24% Jan 50 12% Jan 27% > Feb 2% Feb Maryland Idaho Power Mines International 9% 16'A 478 15% Apr 19% Jan 4% 500 4 Jan 5% Feb 2,036 2% May 3% Kaiser-Frazer 37 «/a 115 37% May 40 y2 Jan 41 % 41% 127 38 46% Apr 22% 10% Jan 8% Mar 50c 50c 100 50c May 75c Jan 14c 16c 3,000 14c May 25c Jan 22% 22% 25% Apr 80 33% 34% 233 37'/a 36% 38 198 22% May 31% 1.80 1.90 *1,300 1.90 10 1.20 Feb Feb- May 2.55 Mar Jan 39 Va Jan 39 Va Jan 9% Jan 11% Jan 480 31% May 37 Va Feb 832% a34% 125 34 % Mar 39 Va Jan 15% 15% 113 13 Va 18'A Mar 29c 29c 600 28c 60 a34% a35% 9% • (Un)—• 15% P2 29c 9% 31% 9% -* com & 575 32% - , ' a53% a54% • Leslie Salt McNeill Lockheed Loew's 95 30% 678 Macy 1 Company ' Marchant (R H) common Calculating Macnlne Co (Glenn), common Jan Meier Apr Menasco Mfg Co Frank ,if r—ff 5% a 16% . 48% Jan 32c Mar 59 Jan - Mar Apr Co Inc 57% Jan 66% May 32 Jan 818 34% 34% 72 Feb 15% May 18% Feb 32% May 13% Jan 36% Jan 208 17% Feb 900 28 Va Jan 34 % Mar 15% May 20% Mar 19 23 % al5% al5% 190 280 34% 16 33 Va al5% alGVa -- * Mar 35 10% •42% 75 16 Jan Jan 8% 50 34% - 34% Mar a9Va 32 Va —' 76 % 64 Va 0 Jan 17% Mar 16 Va May 72% Mar a9Va 15% 8% 5% May 14 184 - ^38% a38% a 33 % May 29% May 200 * - 64 Va ——¥,A Co 40% & 1 * 16% a73% a74% 7 (Un) Co Magnavox a 10 -— Corp.. 5% 5% 8% • -5 Libby & * & (Un) Corp IUn)_ Co 30 Corp—1 1 Light Aircraft Inc Chemical Corp 35% Apr 34% Jan 6 Va (Un)— Corp Land Libby Jan . — — 28% Jan J. Tel & — Power & County Jan 3 19% Jan 4 (Un) Harvester Tel Aluminum Kansas Kern 2% riy4. Jan 18 320 :—33V3C Mining Co Kaiser 2% 9% 16 Va 350 6% 20 Int'V Nickel of Canada Johns-Manville al6 21% 6'A (Un)_—1 Corp Co International alg 21% 15 Mar 15% May 37% 41% 12% Co Sugar Plantation Idaho yV 6% Car Inc Independent Exploration IXL — Motor Foods J Mar 115 21 10 Co Natl Steel Class B For footnotes, see page 43. i Feb 59% 15V8 Jan 11 30 % S3 Jan 10% May 33% .32.50 Apr 2,919 101% Giorgio Martin Westinghouse Air Brake Westinghouse Electric Corp— 49Va 5% 58% 1 Aircraft Publishing Co 20% 10 -25 .1 51 2.30 ; (Un) of America Kennecott. Copper .1 Toy Mining Jan 15 Apr Feb Mar 4% 200 al6% al63/a 15 com Y Gas Zellerbach -• Renner 35 , - 12V2 • 35 a43/4 2.20 Preferred 47% 10% 26 % —10 ...—* Feb 8% Mar a65% a65% (Un) Vultee First Crown Jun 31% 10 10 Feb 13c a46% a47V4 a46% ...3% Motors Creameries 16 34 May 37% 3U * • -2% Pittsburgh Plate Glass. Pitts 85 10% niiii -_5 26% Apr 7% May 20 Jan 163% May 25 Edison Natural Hancock Co— Common $2.50 60 17% 10 % —5 Mountain 37% 20% ... ... Apr 9c 14,100 . a48% a50% • (Un) Iron Solvents Consol Hawaiian Range 8ince Jan. 3 Low 16% • 1 Co.. a4% • Co System Consolidated Greyhound High 13 Va 8.50 Brewing , (Joseph) Co—— 9c a7% all % all % a4% 22 com(Un) Hobbs 31 Va 17Va- —i—5 — Gas Co Pitt Home 37% • —1 9c a7V2 10 Va 162 .— • .-L,——i'j.—... Jan 9c 100 & Edison Great for Week cf Prices Friday Steel—rr 11% May 26 Feb Sales Last Sale Price STOCKS Co 149' 67 a7y2 10 (Un) RR Co Graham-Paige Pittsburgh Slock Exchange Ludlum 60 110 a25 __25 Commonwealth 4% Columbia Gas System alO 152V2 225 . ...: Goodrich Blaw-Knox a9% 25 Consolidated Coppermines Gillette Allegheny . 14% Jan 152 V2 Jan Mar 50 Mar a24% • 6 General Foods Corp (Un) General Motors Corp common 114% 114'/a ■ 11% * (Un) Commercial Golden .... 50 20 A Ry Paul Fuel Columbia General . 1933 Feb 35% 32'A Mar Jan Telegraph— debentures.. 25 21% America B Florida Westmoreland of Chemical Class Feb 3 Gas __ 5 class Columbia Broadcast System class Jan 37% 5% 44 1,042 __ • capital Mining Co Service Crocker 28 62% 27% 62% May al7% al7% a24% ,.10 Corp Colorado - St Preferred Cities 54'/a May Apr 400 157% Mar a49% a49% al7% -2% - common Co Ohio & Milw Clorox 71% Mar 8% May 74 16% 63 y8 • common Tonopah Mining Gas Feb Com Consol 16% Jan Jan Jan 34 % 1 (Un) new Co Eureka Chrysler ;.y ... United 45% 18% 641 10 * * common preference United 9Va Feb 597/a 52% : Co Ink t Feb 46 18% 10 Co I • Reading Co American 33 Va. 5 Sullivan Art Tile Chesapeake Apr 10% May 27% common Transportation Paper 75 1% .50 & Cement Celanese 23% Mar ' - Scott 64 3,197 19% 16% 15%: Pennsylvania Salt Mfg common Pennsylvania Water & Power div 49% 8% Hill Central Jan 82 Jan Jan 40% 33 19% Light.. Philadelphia Electric Si.40 20% 493 10 mil Pennsylvania Power & LightPennsylvania PR Public Service 65 Va- 68% May 7% May 415 48 Va " "8% 10 Corp Corp 615 250 43% 64 ■ 49% ' ' Valley RR Philco — .*»— Lehigh Phila 42 7/a ' ' "" 8 22% 79% * Jan 17% Apr,1 May 16 Jan 4% 2% Mar * Apr 39 165 -.255... 11% (Un) Canadian ' Coal Pennroad 43% IIHo __ Lehigh National 73 7% Il3% Corp Gimbel Brothers • 15% Mar 150% 1,278 a63 Jan 78 75 a42%». Feb! 21 Va 12% 52V4 (Un) Packing Corp common Pacific Ry (Un) Caterpillar Tractor Co common Feb f Chrysler Corp 61 Jan 37% 33% May 18 Va Apr 457 11% 15 California 5% Mar Jan 12% 13% May * Corp California 21% Mar 11% Jan 2 California 3% II100 1st preferred Jan / 4% Apr: 10% -...388 a62% 5 ; (Un) Jackson Calaveras 33% 149% 4% 16% High Low 255 11% - 3 common.— Budd 19% 19% Jan al55%al55% (Un)__13 ... Corp Company Byron 16% -.10 Co Bunker Range Since J»n. 1 High 34%" 35% 153% 155 Vs • Baldwin-Lima-Hamilton Corp Baltimore Low 34y8 155% _ Tel Feb 13% 14% >41% (Un)__75c (Un) Holdings Eorden for Week of Prices 64% ,r,230 a41% 3 (Un) Co Borg-Warner Sales Last Par American American Curtis 155% P10 common Corp Steel Oil Blair Philadelphia-Baltimore Stock Exchange Sale Price Jan 34% 14% * (Un) Baldwin-Lima-Hamilton Corp Feb Bethlehem STOCKS Jan 60 60 May Elshop Budd ) 5 Wedge Corp common Mfg Bendix 5% Co (Un) Atok-Big 14% May 46% May 33% Armour Jan 14% 9% Mar Feb 30% al8% al8%* 20 . Arkansas Nat Gas Corp class A iUn)_,» & Co (111) (Un) —____5 Atchison Top & Santa Fe • _ 29% Apr -.512 .. a62% , Apr 26% a75a75% (Un)—100 Wisconsin Woodall * common ' - 14y2 a 25 ou Anglo Calif Natl Bank Archer-Daniels-Midland Wieboldt Stores Inc * 22 % . .13 (Un).*' Corp (Un) Anaconda Copper Mining (Un) 50 '90 , 15% 34 * ;»! -3aa 43 Jan Feb May 34% 15 y2 High Low ■43 68% i —13 .• (Un) a 67%. a — Range Rises Jan. 1 10 * a28 a28% . h-. 1 * , & & a28% * Inc : (Un). Shares a23%.a23% — » ^for Week High a52%.a52% ... 1 * ... 4% Jan 40% 40 ' Broadcasting American Apr Low . American Viscose Warner Of Prices 5 — (Un) Airlines 31 Jan 23 American 60% May 53% Mar 1,400 Feb Amer U Laboratories Reduction Go Allied Chemical 53 % "May 60 59 27 Va v-'3% May Rales Range • Admiral Corporation .1 -4% Mar 1,400 • , 58 Va :::io i • 16 53 Carbon 3% 3% Exchange Week'* Last Sale Price Air 1 United Air Lines Inc IUn)___ United Friday STOCKS May 50% May, 100 Jan 46% Street Corp & San Francisco Slock High Par (The).. So La Salle Low 91 % ,91% . 1 Bsnte Sine* Jan. 1 * _ Trav-ler. Radios Corp Truax-Traer Coal Co 208 — -Shares High l __ Co.. ■ —25 ENDED JUNE for Week of Prices Low FOR WEEK Sales Week'*, ■' Range 90 10 19 19 110 1 2.50 2.65 950 . May 0 2.50 May 7/ Feb Jan T ; , The Commercial and Financial Chronicle SS> (2322) Monday, June 4, 1951 .. . i— OTHER STOCK EXCHANGES FOR WEEK RANGE Friday Range Sale Friee Par Middle South Mindanao Minnesota M J Power M & Monolith & M <fc Preferred (Un) Light * 1 (Un)__ Cons Cement com (Un)—; National Auto City N RR ' Niagara Mohawk Power Bafeway Stores Inc Jan St Joseph San a. — Aviation Santa Cruz Jan 6 Feb Sears Roebuck Jan 5% 73 Jan 11% North American Co North American Invest Northern Pacific 6% Feb Shasta Feb Shell Jan 30% Feb Signal Oil & Gas Co class Sinclair Oil Corp (Un) Bocony-Vacuum Oil (Un).. Boundview Pulp Co 19 % 19 785 6 21% 17 Jan 10 Jan 10% May 26% Jan 30 Jan 10% Feb 17% May 26 Jan 420 21% May 22% Mar 275 15 May 19 15 May 19 Feb 88 May 95 29% 250 8% 9 330 8% 17% 177/8 370 21% 21% 15 15% Oceanic Oil Co 88 __ 8 Edison Oliver Co United Paauhau Pabco Filters 6% Inc Apr Coast Gas 1st Aggregates 1st 25 common 4.80% redeemable preferred 415 32% Apr Southern California Southern Pacific Jan 33% Mar Sperry 17 30 Jan 31% Spiegel 2.05 Jan 56% May 6% 7% 250 a553/8 a58% ".V Jan 75'% 55% Mar 700 37% "7% Feb 5 70 75 690 Jun 57 *eD Mar 79% May 34% Jan 40% May 64 28% 28% 430 25% Jan 31 41% 100 40 Jan 49 Feb (Un)_* 32% 33 550 35 Mar 25 25% 25% 615 a23 a28% 39G 32% May 24% Apr 27% May 41% 9% 100 18% 19% 1,095 16% May Feb Jan 19 % 55 17 Apr 19 4 Jan 5% Jan a28 25 Standard Brands Jan Standard Oil Co Standard Oil Co 150 50 25 % 29% 2,510 15 Jan 11 11'/a 529 11 May 12% 63%., 482 63% May 29% May 34% Jan 14% Feb 30c Feb 26 2 63% 1 (Un) 32% 34% Mar Standard 32% 32% 1,212 32% May 36% Feb 29% 29% 168 29 May 32% Feb 30c 23 27 27 178 25% Mar 28% 46 (Un) a61% a64% 112% al08%all3% 25 a ;; Jan 73% Apr Feb ' Feb 30c 23 May 25% 44 May Feb 50 61% 50 88 96 947 17% 33% 100 35 a89-% a92% 200 85% Feb May 68% May 113% May Jan 18 % ,19 % 33% 19 % 1 Jan 30 % May 268 45% a64% 25 33% 891 * Feb Co of N J 23% 44 34 % Pen . May 12 142 30c 25 Sunray Oil Corp Swift* &. Co (Un) Oil 18 • California (Indiana) 30 % May 30 % 248 all% all'/a 2 of Feb 31 31 Petroleum Inc 29% 31 30c 5% Mar Feb 31 a29% a30% 1,082 5,917 28% 25 Co 9% May Jun 31% Mar May 25 — Spring Valley Co al5% al6% 25 52 % 9c - 41% —6 Inc common 32% 120 7% 75% Corp — 53% Mar 0 May 33% Apr a52% a53% a58 % Co Southern 40% May 1.60 4% Jan 50 % .15 (Un) 30% 4% 5c 125 37 preferred 4.48% preferred series A Gas preferred 250 32% 25 preferred 10 40% Calif 6% 214 4% 25 Electric & preferred 5%% f preferred cumulative Convertible Feb 9% 5 100 51 * 4.32% 1.60 __ Apr 7c, 51 __ —5 Southern Calif Edison Co com 31% 19% 46 May 1.60 - • 5 38% Mar 42% May 7c. 1C (Un) Co a31%a31% 15 common Water Co Oil 31% ...» Fisheries American Pacific A Sugar Plantation Products Pacific Pacific class 1.60 88% 38 __ 1 Ohio 11 al7% al7% — 100 34 % May 85 Mar 60 29% 100 High 380 Apr 27 alO'/a alO'/s Low 34% >a43%a43%v __ * 60 a70 Range Since Jan. 1 High 34% a43% (Un)_50 Co 73% 21% 10 pfd (Un) & Jan l (Un) com Railway Cement Portland 65 8% • (Un) Mining May So American Mauricio 92c 12 __ Shares Low 5 10 P10 (Un) 136 ♦ North Lead Jan 37c __ • (Un).__ 10 19 • Central May Feb 14c a69% a69% __ • Y 10 19 9 40 a70 1 for Week Par a23 % a23 '/a 1 Fibres 5% V 5% 2,520 10 aG9% 10 Lines 8c v.V High , 18 % Mar a__ 84c 5% • National Disiillers Products (Un) Natomas Company Co 700 77c __ • Ward (Un) Morrison-Knudsen Co 192 10c a30% a30s/s - -10 (Uni Power Co Range Since Jan. 1 Low 18 % 10c (Un)_» Montgomery National 10c Sales Range of Prices STOCKS Shares High 18% P.10 Week's Last Sale Price far Week 1 ot Pricee Low —-» Mines Lode Portland Montana Inc—- Utilities Mother 1 Sale* Last STOCKS ENDED JUNE Friday Week's Jan 21 Vb Feb Mar 35% Apr ' ■ 5% redeemable preferred 5% redeemable series 27 % —25 A 233 27% 26% 29 Apr Jan Jan 25 27% 27% 27% 550 26 % Mar 28% Pacific Lighting Corp common • 50% 50% 50% 495 50 53% Mar Pacific Petroleums Ltd 1 8% 8 8% 515 Pacific Portland 10 20 20% 445 • 13% 14 200 13% May 22% 22% 200 22 Jan 106% 108% 108 103 Jan 113 20% May 4% Jan Texas 21 Company New Pacific 1st Public Cement Service (Un) com common preferred Pacific Tel Pacific * & Tel Western Packard Oil Motor common ,« Pennsylvania RR Co (Un) Pepsi Cola Co (Un) Phelps Dodge Corp (Un)„ Rheem Richfield Oil Corp Riverside Cement Co class A (Un) Theatres Roos Corp (Un) 17% Jan 22 Feb 77% Mar 86 12 300 7 Jan 13 50 6 Jan 7 29 19% < 1,020 25% Jan 33% 1,116 16% Jan 41% 41% 435 47% Mar 54% Steel S Corp Theatres Equipment" W*—:: Feb Feb Inc Western Department Apr Western Pacific 90 50% Mar 57 May Westinghouse Elec Corp class A Algoma Steel Aluminium Aluminum preferred—I Feb 36 Jan Wijdys-Overland Motors (Un) ... 3% 3% 200 31 30% 31 335 33 3 % May 27 Woolworth Jan 34 (F Yellow 4% Mar Jan Co Cab ; Stores Co RR W) FOR WEEK of Can 4% pfd Asbestos of Prleee Shares ENDED JUNE Class Range Since Jan. 1 • 21% 31,480 18% May 25% 637 6% 425 2IT? dan; 100 Corp < • ^au o? 101/ 50 1 18'A May Power & Paper class A • Telephone Brazilian Traction American Light Oil & Power -"9,471 8,604 a39 a39 25 14 500 12% 650 Preferred British 4%% Elec Co 4% 22% preferred British Columbia 12% Products Columbia Class B Power class A Canadian Cottons Canadian Oil Companies 135 2314 Mav 26 % Feb Canadian Vickers Cockshutt Plow Consolidated Mining 3,550 Jan 6% 13% Mav a84 15 77 Jan 90 Feb 541/4 1,977 39 Jan 54% • 39% 39% 39'A May 41 % Mar *, \ 23% 22% 23Vz 6,612 22% Jan 27 Feb 34% 2,383 29% Jan 24% Feb 28% Jan 32 Jan 175 15 84 10 95 96 96 7% 9 / • 15,160 5% Apr 84 100% Apr . . • _ Bruck _ Mills Ltd - , ^SS B„ —j 7— Products Canada Cement common! $1.30 Canada &I—! 25 a22% all common Corp__! 15 % Feb 35 Feb 25 peh Dominion Tar St Chemical common—• 23% 35 20% • • 6% • Feb 24 r Feb 68 64 68 1,208 54 jan 747/- 28 27% 28 720 27 Mav 99% lan 32 32 32 50 30 Jan 32 Jun 21 % *21 21 % 1,400 19% Jan 22% Feb preferred * —,50 Breweries Ltd common Fbr footnotes see- page 43. u n a95% a95y2 32 32 195 11 " Redeemable preferred Dominion Textile Donohue Bros Ltd 96 May 25 Jan " East K°otenay Power Eddy Paper Co class A preferred-. Feb Feb 45% 25 44 Jan 50% 21 3,256 17 Jan 21'A „• 30% 29 % 30 V* 135 * 30% 29 30% 750 29% May 25 Jan Apr 33 % Apr 30% Jun . , * ' _ Eiectrdux • Corp preferred Feb 22% Feb 1,083 1,261 Jan 31% Feb 126 % Jan 154% Feb 16% Jan 26% "ri,270- 20 all . • 30% Feb Jan 17% Feb . 6V2 6% 22 34 20 22- Jan 38 27% Apr 34 55% Jan 67 Jan 21% Jan 23% Apr 13% Feb 8 Jan -r 10 5 800 15 15 _• ._ 53 % 100 57 % — Apr 6 Mar 20 Mar 40% Jan. . 21 Feb 53 May May 102 Feb . 98 64 Jan 80 Apr 27% Jan 39'A Apr 5,365 750 6,362 32 Feb 36% al02% al02Vs 1 May Jan 29 Jan 39 140 29 Jan 36% 135 825 5 Jan 7 20 Jan 26 525 920 3,779 5 14 22 16% 10 Feb . 18 Apr May Apr Feb Feb 10% May May ' 38% 101 Jan Mar 64% 193 1 Feb 16% Jan 16% Jan Apr Mar 20 13 1,335 16% 10'A * 12 • Feb 655 . 15% 16% 10 (A"10 57 May 50 , • */ * .,,17% Feb , 250 3,072 . 31 . Jan 32% — 50% 30 V! '• 22 11 €19 250 150 a6 35% 20% 14% 36 ; May 25 al2 31 ' 25 >10% 5,200 _ 98 93 72-72'% 33% 35% - Feb 100 755 100 60 35% 1 Famous Players Canadian Corp Foundation Co of Canada new com Fraser Co common : 4%% 32 % Jan 36 13% 32 •• ; Feb 20% __ Paper Jan 37'/8 45% . common 12 ' Jan 13% 12V2 12%.;. 28% 49% ■ •- 100 jan 21 153 20% ♦ common __ 32 ■ Mar 22% 6IV2.; •a22%a22% 50% • ... .. t T 14% jan Jan - 21% / > - 26 28 35% 41/. 19 27% 148-. : al9V4 al9%'> Jan 450 -92 23% '■*. 35 i 8,675 _ Jan 10 I 11% ! l2,/8 * « Jan 8,276 . 16 a6 % <. 8% Safeway Ltd 4%-% pfd—100 Steamship common * Canners preferred common Jan ,27 Feb _ Dairies 78 65 24% May -25 141 % -ClVa — Dryden Bronze' • 1 Jan Jan 28% 31 % Canada Foundries Canadian • 23% a— 225 a30 36 • » _ • 20% May a— 17% 25 300 Iron Canadian 11." , V>\39% Mar 205 ^ 460 North V/o ^ May -*: - 18% Teh Jan ' ' €8 4"-' Feb May a22%a22% 25% 27 25 32 Canada Canadian v.. { Feb' Apr * : • . 17% 36 20% : : 50% 10 81 *Hlgh - Jan 31% ! "12V2 21;. ' '.1 35 1,450 a6% r .. . 26% May 21% 11% Canada Canada 27% 147% * - • 225 15 10% 100 22 Feb * A , 59 ' ► SLow High , % 27 26 % 27 ,. 31% 43/4 22 32 20 class Power a22% 32 4.1/4 22 Jan • preferred Forgings 81. a30 ; a30 26% 11% * Building y -y< » A 28% Feb 4.-. 13% -* class 262 /. 16 preferred — Dominion Foundries & Steel com Preferred Dominion Glass common j Dominion Steel St Coal class B 30 ; • 675 • Dominion Coal 6% Dominion Corsets Feb 9% Feb 5% Range Rtmee January 1 515 Smelting Corby (H) Distillery class A Class B Apr Apr Jan . 14 Consumers Glass v 32 Shares ^ 16% • Distillers Seagrams Dominion Bridge a82 fl>r Wwlr' of Prices 16 25 Crown Cork & Seal Co_ 32 32 45% Sales P""»» ' ' Low • 39% a82 Jun 4 13% common St 54 Vi Mav • Feb May 43% Week's ■ • 31(4 May ' 262 2,000 16% • Jan 96 , 4 % Feb 11% 9% Mar 13% 25 Jan 8% 43 % 4% 450 , 43% 43% • preferred Apr • 9% , • common common Jan 52 29% 9% __ 500 ^ 9 40% May 20% 40 29% Feb 52% Jan a6y4 17% , 25 Jan Feb 21 1,965 • Apr 52 % y— 1,100 6,302 • ■— Jan "15% Jan 34% * Dominion British 33% 60 25 107 9% a84 loo Forest 6 % *■30% Mar 475 91% Mar a23% a23% __ -Jan -91c Jan 4% .741 37%.: ;: 37%;-.: 38 875 95% . May' Jan ,, y- Canadian Locpmotive 93% 11 % 37'/2 54 % Feb 3,945 . 22% a51% a51% - __ 37% __ 29 pfd__100 - 59 50% 25 Columbia :r 19% May 13%- 13% 62c Feb 13% May 230 May 85c • Apr 34 y2 34 Feb < common 26 • common 260 6% 1 Canadian Converters class B ^ British 55 : 25 series 46% 25 9% 11% Mar 645 260 4 preferred ,$1.75 50 % - Jan Mar' Mar 20 28% * Bell 12% % 91 3% 5 10 Consolidated Textile Mills Bathurst 12 % 4< Jan 67c 1 A 21 31i/2 - 8 - " Jan 6% X »•( 12 225 .. 570 OS : Jan u 541/4 9% $1.00 series preferred \ 22% May 25 al8% al8% 12% *.3% 85c * (Un) Canadian Celanese High 6% a23% 150 » Canadian Car & Foundry l0w n • 357 Friday High 11 25 1,063 90 =3% 260 12% Canadian Pacific Railway Co May- Sale Price Sales 95% Argus Corp Ltd common 4% % preferred 4o Vb 41 €9 ' fr for Week 331/2 • __ Ltd Feb 12% STOCKS 18% - __ 1 Feb 21 Par Week's Range 21 * 22 % Jan 50c common common - Exchange Low » Shoe Jan 18% 1 (Un) Sale Price $1.50 19% 36 •11% Feb Feb Jan 34 Par Agnew-Surpass 50 3% 1 34% 100 6% Apr 7 a20% a20% . 5 (Un) a52% a53% 25% May 30% al8%&!9% - i* 49% 34 * '• Jan 1 Jan 34 * 41 • 8% 100 Preferred^ AUn) West Indies Sugar Western Air Lines Apr — 20 27%Apr\ 810 ill Bros Pictures (Un) Fargo Bank & U T Westates Petroleum common (Un> 33% Last common % May ■- 31V May Jan \f 251 9 fUn)__l.,, . 40% May Friday common 31 40% Canadian Funds Paper May 40 Jan ...10 .. 28 Vis Montreal Stock & 34% 19% Mar 23% commons "V» Power : 70 Consolidated Oil- 5 31 RANGE preferred 3i 10 •.r__ CANADIAN LISTED MARKETS $1.50 V- 61 325 440 . a27%a27% al8% Wells « Acadia-Atlantic Sugar 54% Mar 58% 37 • __ 2% Warner '.V- Abitibi Apr 26 % • 10 770 a32% a32% STOCKS 57 37 (Un)_.__! 31 % __ __ Jan 26% . 20% Mar 309 Paramount Victor Feb 50% 31% 1 Bros Utah-Id erho'Suga^'Co common ••••' >.*" \ 6% 50 1 RKO U Universal Jan 11 28 ■%:" 5 Jan May May 19% 20% 21% May 410 21% .--25% 10 Jan 6% __ Aircraft Corp (Un) Ait Lines Inc__ 12% Apr 40 — Jan ^16% '• 68% Jan 61% 473 V:'' • -12% 26 9% 20 25 United (Un) 18% May 100 29 • United May 6% Mar Carbon Sugarszustm United 765 11 1 Feb & Union Oil Co of Callxorma common—25 Feb 10 __ • Union Apr 19% 19 Jan 25 10 19 Union Carbide Mar 23% 13% 19 a80% a83% May '15% Jan 91 — 21% ■ Feb 10% Mar 854 a22 a83% —5 21% 11% 19 a a__ ''200 "■9,211 19% • TransWorld Airlines Inc__ United Can & Glass Co commonUnited Gas Corp (Un)..^. 11 10 Manufacturing Co 23 ~'i419 U-18%. 2 20 a46% a46% ...a46% Corp 99 % May Jan - a21% 1 Republic Steel corp (Un» Reynolds Tobacco class B (Un)_. f. a64% a64% 50 common €05 5 9% 18% May 11 33%c 25 : ; Jan a22 Philippine Long' Dist Tel Co. P100 Phillips Petroleum Co_ • Pig'n Whistle Conv prior pfd 7.50 Pioneer Mill Co Ltd (Un)____" 20 Puget Sound Pulp & Timber (Uni • Radio Corp of America (Un) • Incorp 5 / 7% 25 a41%a41% • common Pan American World Airways (Un)_2.50 Paramount Pictures Mines (Un) 1 Rayonier 108 4 (Un) new — 100 common • _25 (when issued). common Transamerica Jan (Un) Apr Apr - ' L Volume 173 Number 5017 . . •"vurrc ru<Y ..wT^r: immlowi^n rttfww>mmwwiu. .<vr?^ i w w*f itofwifww• utwMfiar ww^ufcatw^flniii i Commercial and Financial Chronicle The . (2323) CANADIAN LISTED MARKETS RANGE FOR WEEK ENDED Friday 6TOCKS Week's Range Gatineau Par Power common 5% preferred General Steel Wares 5% preferred * Smith $2.00 Bay 85 a 20 % a20a20% 103% — 50 Imperial Tobacco & Smelting of 715 13% preferred 12% 450 52% 67 110 48 54 34 y2 37% 2,947 27% Jan 11 10% ny8 10% Jun 13 23 y4 982 2814 28 29 12% 13 35% Feb •, 8 Jan 20% 8,576 23 143 143 26 138 53 54% 3,438 52 109 109 15 109 20 17% 2,655 13 Jan Ex stock > Labatt distribution » 47 46 47 26% 26 y4 26y2 (John) 745 *» Lake of the Woods common. 1% preferred ___ Laura Secord Lewis Bros .* __1 ! 144 3 Ltd MacMillan;;Export al2 A__ i___J* common i—* class Class B Ltd Massey-Harris new McColl-Frontenac common.... l'7o Co 2nd Series Sicks' (H) : Power Montreal 158 5 78 81 1,380 1,583 24'/4 51% May 34 55 61% 95 Jan 18 y2 a20 10 18% 25 14 137/8 1,680 1,1613 98 81 92 20 Power Apr Jan 20 y2 Jan Jan . 21 y8 May "Mar 15 98 Majf 103% Jan » 49 * (Jack) May Westeel Jan Western Hotel Jan Feb Feb Woods 39 44 y8 200 "O 360 a90 25 y. . 95% 19 43 105% May 18% 47% 25 19 Jan 605 25 May 19 Feb Jun 100 Jan 26 , new Mining Arno Feb Ascot Athona 13 14% Jan 32% 33*/2 6,830 1,469 11% 33 30% Jan 35% Jan 33% 33% 375 30% Jan 36% Jan 12% 13% a6% 75 10 1,325 a40 1 21% 21% 22 V* 675 52% ... 50% 53 1,100 9%' 23% v 4 Jf -,Z Banks—- '' • -10 Jun 270 36 99 Band-Ore 12 15% May 1.85 2.20 7,870 A 2.10 Jan 1.50 475 13 Mar 240 25% May 27% May 27 y» 25 18 20 1,425 Jan 25 24% 2,655 25 100 27 3.095 20 Bonville Jan Feb 22 49 51 4,481 49 Jan 70 % Ftb 51 43 51% 7,620 30 Jan 51 Va Jun 47 47 May 47 47 30 4.00 4.00 425 14 50 ' 100 al4 Ltd a a25 a25 10 * al2 al2 al2 14% ,14% 14% a59 t a60 al7 16% Jan 126 Jan 26 13 Jan 16% Mar „ Jan 85 Apr 16% May 16 % May 18 Jan a89 a90 25 90 al2 al2 -5- 10 % May Jan 83 88 140 31 % S75 35 35 5 25 25 25 10 Va 10 % 10% 17 17 17 40 250 May Feb Jan 14% Feb 26% 2,830 25 Feb Feb 28 Feb 30 Jan 32% Feb Apr 46 Jan May ~ Jan 12% May 94 Apr Jan 33 Feb May 37 Jan Feb 28% Feb 10% Mar 11% Jan Ltd class B—* Feb 75 Power 14 Jan 17 20 28% Feb 28% 75, a29 % a29% 10 al7 al7 • 9 ... 9 17 110% 110110% 53 a4.00 5 20. Jan 17 Apr 107 50 53 a4.00 Feb Apr May Apr 115 Jan 52 May .57 Feb ; 8 155 40 . 40 4.00 Mar' 4.00 Mar al3 al3 30 11 Feb 12 Apr 26 27 200 22 Feb 27 May 100 119 119 119 20 118 Jan 20c 20c 22c 20 20% 6% pfd " 20% 20c 32,600 280 120 % Mar 35c May 17% Feb 21% May Apr Co Ltd— "12 • Ltd al6% 5 18 * 23 ' 1T. 250 al7 12 625 Feb Feb 18 Jan Jan 18 Apr 23 23 450 23 38 • 13 Apr 16 15 25 18 17 38 25 27 27 Apr Jan Feb 39 Apr 2.51 2.45 2.55 14,300 70 %c 74c 2c 13,200 1,000 Ltd 2.17 2.43 May *70%c May 2c 2.00 Jan 2.15 2.25 6,500 7%c Ltd 3.10 7%c 4,500 Lake Gold 4%c 4%c 1,000 4c 55c 56c 1,300 46c 4c 4,000 3c Jan 24c Mar 4%c Jan 3%c 1 Mines Gold May 56c Mines Ltd. -I Ltd _1 Feb 83c May Feb 2.40 Mar 2%c May 8c May Jan 8c Feb 74c Feb 5%c Mar 27c 14,600 3%c 3%c 3,000 3%c Jan 6%c Feb -.1 Ltd 24c ..1 5c 5c- 6,000 5c Apr 8c Jan _1 Mines 29c 41c May 27c 55c Jan Gold Bordulac koines Ltd Mines Bouscadillac Ltd Gold Mines Ltd— 35c 5,500 10 %c Apr ..1 5c 5c 3,000 3c Jan 14c Feb -1 6c 6c, T.ooq. 6c Mar 15c Jan Centremaque Gold Mines Ltd -1 Cheskirk -1 Mines Citra Lartic Cobalt Ltd— _1 — Lode Silver Mines Ltd 8c 8c 7,100 May 6c 2,000 6c May 22c 17,000 15c Apr 1.10 1.10 100 75c 47c 51 %c ..1 8c 6c 19 %c 22c 30,900 '47c 20c Feb 15c Jan 32 %c Mar Jan 21% May 39 26% Jan 98 ■ 24% 75 * Jan 35 25% ; 450 • May , 17% May 88 29 % . . 49% 59 16% Feb 16 11% Mar 105 al6% 5.25 Jan 11 % 260 a59 Apr Jan 18% 10 • 48% • 3.65 14 Apr 29 24% May 25 Feb 49% ♦ Breweries Chibougam 46% 26% May 39 26 Feb 3.10 • Mining Corp Ltd Red Lake 100 May 26 Jan May • 88 Mines Gold Metals Belle 26% May 26 —-—10 250 Ltd Bob's 25% Jan 5 26% : K.' 13% M) (1937) Feb 60% 23% May 250 10 u »•— 21% 50 % May 410 20 25 10 13% 8% May Jan 27 Corp Mines Feb a.- 40 _—io Montreal Scotia lu a__ a99 20 -_10 ' ——— Dominion 33 6% * 31 Consolidated Candego Central Consolidated : 68 29% May 60 11% May - —^„ Feb 120 2c 7% Jan 99 • 27 y4 —25, 5 30 15 Consolidated — 7% a70 Ltd Metals Base Jan 30 Ltd 14% Jan 8% 20 a ....J... "25 preferred— 350 7% '14% Apr Apr 5% 13%. 13% 25%' 25 y2 ioo ... 12 ; 39% 'm2~* common.. 3,838 25 20 ..... common— Apr 7% com Bouzan Gold Mines Ltd 25' 33 Stocks— Mines Jan 13% a40 common.... Jan Anacon Lead Mines Ltd 20 33% » 28 May a70 Manufacturing Co Ltd 27% v 25 • Worts 400 Ankeno Mines Ltd a — 95% Jan 21 Jan a— 50 a6% ft 28% May 95 y4 —. Feb 28% 97 1 Products Ltd Windsor 60 Jan 5 ' 16% 31% Power Canada Jan IP 'A 9% 41% Apr A & 96 20 31% 19 ; Jan 10 *" Jan 58% 26 * Jan 37% •* Canada Jan 101 y2 a89 * 73 155 Ltd Canada 56 y2 44 95% 115 f class 20 3,699 Mar 776 • 3,392 40% Mar 90 • 10,144 Jan 10% (Can) Ltd 60 14 33 38% Ltd Watson Jan 60 10 Paper Co 15 stor Ltd Com.—* Light & of 10 38 Apr 89 Transvlsion-Television Gas Jan 38% Jan Ma y ' 32% 125 13% May 40 V2 May • Ottawa Mills Industries Southern 10,113 14 1.20 May 28 Feb 90 „• Stores Ltd Convertible Russell 39% Jan May 100 Quebec Telephone Corp common 34% 60' 19%. of • J 13 38% Corp of Can 6% 1st pfd__100 participating 2nd preferred 50 6% 31% 60 34 y4. . 22% *• & Hosiery 80c 50 36 Mar a_. 28% 2,336 105 common Paul Service Feb ..12% Jan 563 20 103 : , . 18,405 20 ... Apr 16% 18 y2 May 25 48 92 Newfoundland -v 1' 55 22 10% Union 98 40% 46 Apr 101 a__ 18% National 36% May 14 Feb 27% 27 y4 Mar 15 Feb Jan 13% • Mount Royal Metal Co Ltd Mount Royal Rice Mills Ltd Jan 6.00 • common.: 83 Jan 466 Corp 27% Jan 20 y2 7,340 ■■■' Moore 56 Jan 14 19 % ■ Jan Apr 4.25 1.75 May • Ontario 63 Jan a95 14 Jan & 36 13 38 A (Walter Refrig Apr Apr a25 38 * Mersey Paper Co Ltd. 147 Jan ,145 17% 485 29% 168 • l 21 145 25 y2 25 May 13 100 : preferred Commerce a60 145 13% 6% Royal 159 a20 • preferred— Nova Minnesota 158 Feb 18% * ; Gooderham iCanadienne Feb Beatrice 5% , 31% Feb 105 com Cotton Ltd, Feb 9 - Feb 99 : Winnipeg Electric 5% Jan 32% 50 Power Ltd Zellers 8 y4 18% Canada common... (George) ' 2.50 Jan a 11 Power & Paper Co * Teleg & Tel Co Ltd com—10 preferred 10 McColl-Frontenac Oil 4% pfd 100 Melchers Distilleries Ltd 6% pfd 10 ,;85 V2 preferred...100 Steel Corp Biscuit Wilsils Jan 1.50 Mar 80c 32 al.00 38% 1% Jan Brothers Walker 37 Feb May 6% May al3 50 Canada ulass Co Ltd 13% 22 a25 Maritime May • United Weston 32 370 200 * MacLaren > Jan a95 " Thrift Stores Ltd Wabasso Jan 21 25 Co Preferred Viau Jan 22% 69 14 1 Tooke Co 27 33% ____ 1st preferred Chemical of Publish 120 24 ._* preferred preferred Press Journal Lowney 555 53 % 4.75 • Jan 1,125 53 4.60 Apr Jan 6% May 1 al3 preferred Feb 85 Apr Apr Apr Jan 12% 26 LtdZZ* Linoleum class of Jan 29 80%; * common Canada 19 9% 81% 16 110 32 — • A Paper Co Ltd 51 72% . 1.50 1.45 32 al.00 • A sec • 19% - 58% May 35 1.50 1.45 — — Investment Foundation Ltd common—* 23 y2 .. common Securities Corp Inter-City Baking Co Ltdj. . 45 % May Jan Jan ' • & Co Co Lakes 23 25 1 Southern Steel Co .29 * * Limitee class 28 - Jan 27% May 145 * & Standard May 14% Mar 25 1 Southam 25 .50% 30 A ZZ100 Standard Oilcloth A Jan May Jan 1 Hydro-Electric . 9 6% 10 Engineering Works Ltd Motor Great Feb 4.40 Jan 75 100 22 6 % * Grain Class 28% May 28% Jan 736 100 : preferred Simpsons 41/2% '• 13% May Jan 25% May. .. 13% 22 Mfg Ltd Ford Jan Mar 28 — 1 .» , common Sons 5% & 16% 11 a8 • $1.60 Breweries Simon Apr 19 * 13% 90 26% 10 6% Apr 28 34 y2 . common Paper 4% 2,431 a58 „ ^ Water A Fleet , 69% 100 i preferred Bhawlnigan 1 21 27% Jan 27 y4 53% preferred Lawrence Federal 11% Mar Jan 112 29 Saguenay Power 4%% - preferred...100 St Lawrence Corp common * 1st preferred 49 2nd Jan '88 • ... Royalite Oil Co Ltd. 8t Jan ; 23. iloo ... Paper 15 .14% May = class r Frere 72%^ Ltd Knitting .. 29 20% 28 > __r_ Transport Power Regent May 17 * 20 455 .. General Adv Eastern Steel Products Ltd East Kootenay Power 7% pfd Fanny Farmer Candy Shops Inc , Jan Jan 16% < 105 59 ...—...u.. preferred Provincial Quebec 16 - * ' Tubes Bros & Jan 37 156 34% 6 common Power Corp of Canada Roiland a25 15% 21 common. __ comrhon 19% ; 9 1,641 59 Ltd Mills 6% preferred Placer Development Powell River Co... 4 13,082 28 10 0 _ _ ;i_ Corp Weaving Mines Flour Page-Hersey 4% 12% 25% a50% a50% 25 preferred Price 11% I 26 25 y4 16 common. Car Wire Pehmans 55 40 Jan Jan .. '' Breweries Noranda , 3% 7,834 a75 High Jan 3.45 May 90 . 8% a75 .* Dominion Woollens ft Worsteds Donnacona Paper Co Ltd - . 28% May . a25 Locomotive National- Steel , 100 : ^National-Drag. & Chemical Ogilvie David & Dominion Feb 101% . May \ 875 14% 26' preferred Niagara a23 23% 38% 8% -- Jan May 14 150 a23 12 % _ <al2 14% 2514 _ , 11% 18 143 65 22% * .Montreal Telegraph Montreal Tramway® .1 .1 J, 7% a 14 a 23 Ac.—i._* class B National 60% 21% May Jan 28% 30.1 a23 Oil Breweries Ltd 'Montreal Apr 109 May 21% 75 14% * Corp Class 46 210 144 _.V al3%- __T Molsor. 144 Mar ' al"8% al8% "31 3iy2 31 100 _ 38% 70 50 100 preferred— Dominion 160 5 A Consolidated Lithograph Mfg Co consolidated Paper Corp Lid Crain Ltd (R L) Feb ' Ltd Mailman Jan - International Utilities Corp.. class preferred Preferred Mar 42% May 20 y8 ..a Ltd Commercial Alcohols Ltd 13% Mar - Jan 35 Va May 54% preferred B Consolidated Div 100 a 6% i 33% 205 8% — Feb 3.45 Z—* Neon Class 25 a5% .♦ Preferred ; 25% 143 ' Products Ltd Steel 'Prod Claude : Jan Apr 450 3814 com.* Co.ZZZZZZ* Low 87 3.45 . Range Since Jan. 1 High 87 > Food Chatco Jan 27% May 615 a22 Yz a22% ?8 y8 23 _l Class B 50% "Mar 62 100 International Petroleum Co Ltd International Power Co Ltd— Catelli 39% Mar 3,444 23 Apr May Low Company Ltd-* Apr 10 23 com—* , Feb 2,523 common.—__7.50 $4.00 19% Jan preferred Canadian Western Lumber Canadian Westinghouse Apr Jan Shares mmmm 5% Jan 27 Jan a4o _.__~25 : May 21% for Week • Canadian May May 106 57% com International Nickel of Canada 7% preferred International Paper 48 81 97 23 • 36% coin.Z.Z.* Powders 93 a45 - Canadian Ingersol Rand Co Ltd Marconi Company Canadian Pow & Paper Inv Ltd Jan 54%- 25 Bronze 13% a 1 Jan 103% May 50 24 % 97 Canada""com.ZZZs Corp 23 48% a45 * 4% preferred Industrial Acceptance 17% Sales Range of Prices P«r 20% Mar 108% Week's Last High Jan May 56 y4 * Ltd 104 24 2414 * ._ 17% 103 215 48% * :____Z__50 Mining Oil 6% 485 104 a Imperial International 18% _~~100 common Low * 18 103 Friday Bale Pries STOCKS Range Sine# Jan. 1 . 103 ♦ Paper High 18% • _ 1927 preferred Hudson . Bridge Howard Low ZZlOO common Goodyear Tire 4% pfd Inc Gypsm Lime & Alabastine Hamilton Shares \ 1 for Week of Prices Last Sale Price ■'.' , JUNE Sales Rochette Mines Donalda East Mines Sullivan Eldona Montreal Curb Market -.1 6%c 7%c -1 Uc 10c 12,500 1,650 ..1 5%c 5%c 1,500 12c 16c 15,500 10c Jan 16c 17% 17% 305 16 Jan 20 50c Jan 65c Feb 9.50 Jan Mines Ltd.. Gold Fontana Golden 15c Ltd Mines 3%c Apr 54c 500 7.75 4,300 19c 19c 10% Ltd— Mines (1945) Manitou May^ 7.45 10% 11 300 9.25 Jan 5c 5c 2,000 3%c Jan 7.50 7.70 1,100 6.00 Jan 10% Ltd—; Nickel Mines 8c 7.60 Ltd Ltd... Mines 1 Ltd 1 7.70 ,72c 6%c May 54c Mines Falconbridge Apr Cadillac 48c Ltd Feb 1.30 -1 Cortez Explorations Ltd Cournor Mining Co Ltd Dome Jan May" Mines- 7.40 May 19c 500 May Jan 10 %c Feb 15c Feb 5%c ;, Jan May Feb 32c Jan 13 Feb 12 %c Feb 8.15 May Canadian Fnnds Hollinger Cons Friday / stocks . Last " Bale Price . y y . v- Anglo-Nfld Atlas "Auto /' ;y .. Development Steels Fabrics Co...*.——8 Low class 12 11 12% 17% 17% 4.50 4.50 class —,1— 14% 14% 13% $5 $3 convertible 2nd Burnett 1st Butterfly Canada & common Hosiery Co : Jan 10 165% Jan 182 36 9% Feb 11 - 5.50 • 20 15 14% 150 11 15'A 30,719 - 9% — 100 page 43. Feb Jan 15% Mar 14% Gold May May May 96 Mar 123 Mar 52 4.00 700 175 9 1,500 20 3.25 Mines Ltd Mines Joliet-Quebec Mines Ltd Kayrand Mining Apr 6.00 Jan 12% (Un) 12 12% 305 3c 3c 3%C 4,000 3c Jan 1 23c 22c 23c 4,000 22c May 42c Jan 48c 50c 2,000 48c May 99c Jan 13c May 1 Dev Ltd & 8 1 — 1 Labrador Mining ft Explor Co Ltd Ladulama Gold Mines Ltd 16 %c 1 —• Shore Mines Gold Louvicourt Ltd Mines Lavalic Lingside 1 Ltd. Mines 1 Ltd 7.50 900 32c 17,800 30 %C; 9.75 13c 9.80 3,000 . 15c 8.80 8,000 3%C 7,000 16c 17c 3,000 1.00 1.00 6,100 1.05 1.14 2,400 60% 1 6.25 30c 300 13c 3c 1 Goldfields Ltd 17c 7.20 .. 32c 60% 30 Jan Jan May Jan 16% 5c 25c 9.50 55c 11% Feb Feb Feb Jan Jan Feb 13c ' May 35c Feb 3c 6c Jan 16c May May Macdonald Mackeno Mines Feb Merrill Island Mining Corp Monpas 20 % 49% -25 4,35 4.35 -300 60 60 120 50 Jan 63 Apr 4.35 May 23 Ltd ■*— 1 Mclntyre-Porcupine Mines Ltd Jan 20 May 49% May Ltd Mines 33c Jan 86c Mar * — 1.05 May 52% May 1.30 69 53 Mining Corp Ltd. of Canada Ltd Mines Feb Feb Feb Montauban Mines 63c 53c 64 %c ^,100 53c New Calumet Ltd Mines 23% 23%* 200 21 Jan 25 Feb New 35% 555 Feb 16% 100 16 May 20% Feb 22c 24c 16,500 21c May 41c Apr 35c 50c 55c 13,075 3.00 3.00 3.00 21C '22c 1,000 4,000 21c May 45c Jan 1.61 1.40 1.61 82,600 99c Mar 1.65 Jan 21c 24c 5,875 20c May Formaque Mines Ltd 33 Jan 37% Jan New Pacific 165 165 30 165 May Jan New Santago Mines & 78c 16% 50 %c Ltd .34% Coal Mar 16% 23 %c Ltd 4.35 May 180 1.30 Jan 49% 35%. Ltd — — Apr 16 % 47 10% May May Jan 940 * Lake Jan Jan 275 20 - Lake - 4.00 L__—y_—^4 ... see 4.50 50 Fairbanks-Morse Co Ltd—* pot footnote* 14 200 10% • ——• . 20% Mar 115 >—_— Canadian iOdustriea common t Jan 50 Ltd__.____.—...1 Dominion Sugar preferred 9 13% Mar- 110 Cana<.lif> General Investments LttL^t 7% 4,440 " 50 Canada Malting Co Ltd; •Canadian Collieries Ltd Canadian 15,945 1 High 115 preferred.— preferred Ltd Range Sine# Jan. Low 10 al6 14% Company common Jack Jaculet Mines Ltd Shares 182 10 al6 A__ ' ♦ - 182 __—_—: Class B . 18 4.50 \ ..100 preferred—. Ltd Columbia Packers 8alee for Week High * Products Brandram-Henderson Brown " of Prices B____i_* Ltd Belding: Corticelli 1% •British Par ' , Week's Range Oils Ltd Ltd— 2.70 Jan, Jan 64 %c May 3.70 24c Feb May The Commercial and Financial Chronicle . . Monday, June 4, 1951 . (2324) 40 CANADIAN LISTED MARKETS FOR WEEK RANGE ENDED JUNE 1 Week's Sales Last Range for Week Sale Price of Prices Shares Friday fc Week's Range of Prices Sale Price Ltd Mines 1 L — Pato Cons Gold Porcupine ; 4.90 5.15 16V2c 16'Ac 1.20 1.20 Ltd— _1 800 925 2.45 4% % 7,600 31c May 42c May 61c 40 800 40c Jan 90c Jan 500 3c Feb 7c Mar 5c 20c 2,600 19 Vic Mar 35c Jan Apr 17 %c Jan Jan 34c 22c 3.85 4,COO 51c 32c 20c 3.75 1 1 3.80 Ltd_l 1 6c Manitou Quebec Mines Refining Quebec Yellowknlfe Gold Mines Royrau Gold Fields Ltd Smelting & Quebec Santiago Ltd Mines Gherritt-Gordon Rights Silver Gtscoe Gold Stadacona Sullivan Mines United Asbestos Ventures Ltd Villbona Gold Corp Ltd Malartic Vinray Wendell .Western Minerals - Oil —_ Central — Co Oil Jan 16% Apr Jan 32'A Feb 4.75 4.75 350 Jan 6.50 1.10 1.20 24,443 10% 11 250 Selburn 2.16 * 300 4.500 — 16c May 33c 3 Vic Apr 6c May 4.75 4,150 3.30 4.90 Apr 6.10 May 2.21 May Apr Jan 8.90 Mar Jan 2.20 1.45 5,545 13 May 18% Mar 3,500 14c May 23c 100 2.51 1.20 2.0U 1.03 3.25. 4,075 2,000 7,400 300 Jan Jan 3.00 Feb Jan 1.60 Feb 1.85 2.08 May Apr 1.20 Apr Jan 85c 3.25 May 3.25 May Last STOCKS " .•;" K.-; \ vv'. A:' . Power & Paper preferred .Abitibi $1.50 class new A_— .New common Acadia-Uranium Acme Gas 26,891 25% 1,530 * 18% 18% 18% 210 6% 6Vi 6% 10c • 14% 11% 15% 11,011 7.50 Jan 15% Jun • 25c 25c 27%c 37,800 5c Jan 1.06 Jan i.—1 lil5 1.05 1.19 10,325 80c Jan 1.43 Apr 1 6.10 5.55 6.10 53,173 Edmonton Oil Cons Bread — —— B Cement Ajax r— Canada Iron Foundry 11 • Distillers Algoma Steel Ltd common— May Jan Aluminium Ltd Aluminum Co American 2.490 3,000 87c May 34% I,320 28 Jan 95 93% 95% 595 91 Mar 23% 400 1.03 1.06 4,200 10c 9c 10c 2.56 5,000 10,400 42c 40c 43c 47,700 G.20 5.90 6.25 2.43 11 840 —1 16c 16c 17c 3,000 1 Anglo-Huronian Wire Cable & 73 c 70c 76c 10% "Apex Mines Consolidated Area Mines Canadian 13p 18c 19c Canadian Car ''Argus Corp common 'Arjon __ A; Gold ' Athona Hardware Mines IIoo 84 22'c 35% May 107V2 Jan 26% Feb 1.24 Apr 25c 51c 10% May 6.65 Jan Feb 16 - 13% Feb 38 Jjm May Jan 32c 83c Jan class B____ ;''8%c Jan 4%c May Jan 29c Feb (1937) 2.17 2.15 2.25 16% 17% ' V- ' L , Atlantic vAubelle - Food Products 7c common 2.95 ^ Machine Ice — J.___ 3.05 7c • 2.35 II,700 17% common 12c 500 Aumaque Aunor 5% Oils 6c Auto Eagamac Trethewey Eank Barnat Wines Chateau-Gai Chesterville , Circle 20% 21 4,255 17 Jan 21'A May 30 27% 30 4,105 24 % Jan 30 Jun May 19 Mar Jan 68 Feb 16'A 16 16% 185 16 58'A 55 58% 470 50% 455 36 May 39'A Mar 21 May 23'A Jan A 27% Jan 51 Feb 37% 38 21 21 21 63 40 40 41 205 4.00 3.85 4.00 230 / 7 7% 68 68 4.00 Jan 140 6'A Jan 9 Feb 140 56'A Jan 70 Feb Jun 4.00 Jun 26 "r May -36% Feb 58c 81'Ac Jan 4.00 10 26%.. 26% 58c 61c 7,500 22% 875 18 Jan 99 60c Feb 4.60 3.30 22 4.00 10 %c 50 4.00 May 24% May 99 Jan 27 8,740 23% Jan 32% 15 17 5,610 13 5A Jan 22 Feb 1.20 1.24 300 Jan 144 Jan 2.60 2.60 2.60 1,700 2.04 2.00 2.09 15,500 50c 54c 13,450 16c 16 %c 6,570 : 54c, 16'Ac 109 3.25 1.95 May Apr 3.00 Jan 2.05 Feb Jan 48c May 74c Jan 15c May 30c Feb 20c Feb 8c 8c 3,000 8c May 75c 75c 2,000 A 66c Apr 1.02 Feb 13% Apr 10 10% , 10% 200 9 Apr 8% 200 8 Mar Apr 9 Apr 1.60 1.24 1.18 1.27 14,800 96c Jan 6c 5c 6'Ac 7,500 5c May 13c Jan 3,300 31c May 80c ,Jan 31 %C. 33c 7% 30c 13,100 3.10 2,220 7% 7% 200 15c May Jan 1.10 33c Jan Feb Feb Mar 19c 22c 131.000 14c Apr 1.15 24.500 72c Mar i.7c: 1.65 1.73 5,100 1.46 Jan 1.98 Jan 100 1.30 Apr 13% 13% 11'A Jan 13% May 17 17 17 70 15% Jan 17% May 27% A 1 Plow 25 27% 830 22% Jan 32 12c 12'Ac 1,000 12c Lake Coin 4.50 10 1.06 Cochrane-Dunlop common Class 36c Jan 7 1.07 Willans Cochenour Commonwealth Petroleum 4 %c 5c 14,000 2.16 5c Yellowknife I—-—A_— Colomac Jan 11c May Apr Mar .Conduits 3.35 May Jan 2.20 1,100 12% 12% 610 Feb 17c Feb Apr 6c Feb Jan 2.35 Feb ll'Ac May 3%c 1.85 20% May Apr 15'Ac Mar . Astoria 275 15 275 May 1.40 100 135 May 3.100 55c 9c Bakeries Consolidated 9c 9'Ac 3,728 7% 7% 215 ;— 7% — Jan Consolidated Beattle Mines 3.65 Jan Consolidated 7 7 100 6% Jan 8'A Apr Consolidated Cordusun Oils 30c May 275 1.40 Mines 13% Mar 275 May 180 Jan Jan Apr ^ 80c May 16c Apr 9 Mar 78c Jan 10'Ac for 7'A Jan Jan 10c Mar .100 60c 65'Ac —_ Mines Consolidated Jan -9'A 5 Confederation Life Coniaurum 12'A 1 National 36c" 14c Mar 35 25% '.. 17 Mines.— Jan 3,340 102 100 27 2.41 Mar 6c May 20c 22: Ltd Silver 2.90 Jan Consolidated :— 2 45c 50c 45c Apr Cadillac.— Central .—1 6c 6c 7%c 17,000 6c May 1 1.11 1.06 1.11 12,150 88c Jan 1 32c 40c 2,648 25c May 52c Feb —1 35c 35c 2,000 31c May 58c Mar Howey — 27 660 26% May 32'A 39'A 530 38'A Apr 46 Jan Consolidated Lebel Oro 38% 310 38 Mar 43 Jan Consolidated -10 1 1.03 1.15 7,700 90c 1.0SL 90c 57c 87'Ac Jan 1.32 Jan Jan 1.08 Apr Consolidated 46c Jan 75c Feb .Consolidated 14% Jan 27,360 I 56c 53c 15% 15% 15% A— 50% 47 50% 140 40% Jan 54 29% 25 29% 165 17 Jan 30% May Conwest 10% 10 10% 725 10 May Jan Cournor Mining Innes class Power A—— class 25 Bros Telephone .25 39% 9,800 1.27 May -_1 II™ Gold 60c -1 42c Kirkland Ribbon -1 preferred May Consumers 12 41% Mar Craig (H) 10,697 45c 8,000 45c Mar 70c 2,375 33c Jan 60c Jun 42c 45c 6,800 40c May 58c Feb Croinor 3%c 3'Ac 50% 3,506 3c lb 12c 2,700 53c 55c , -,i 5c ,5c 2,000 ll'Ac May|, 10 %c May 45c . Jan 7c 58 50'A May 1.500 Gold -1 Bralorne Mines For footnotes 32 %c 5.90 see page 43. 28c 3uc 7V„« __1 14'Ac Jan 154% Apr Feb 28c May May %c May ,. Jan Jan 21c 7% 120 6% Jan 8% Mar 1.10 1,000 1.00 Apr 1.30 Mar 148 May 150 149 2.90 5,060 1.75 Jan 3.35 May Jan 17% 12 12 12 1,235 10% 15c 15c 5,141 10c 6% 7 500 13c 13c 13 %c 1,600 31c 500 117 117 117'A 15 6% Mines Nest 6% May Jun Qc Feb 67c Davies 5.75 .5.90 9c (Tan Decalta Ja^,:. 4.0 >j 6c Jan wf. 7c 1Jan Del 5-55 May. ,8.00 Detta 9 1.315 31c 1 11c 27c 117 Jan May 16c 8% 19c 45c , 47c May Jan Delhi Ltd Producers Minerals —; — (Temagamit — Mar Jan 180 Mar 68 May 68 68 53'A Jan 1 Petroleum Rio Jan .100 — Patricia Oils Feb Mar May 6c 8c 14,600 6c May 23c Feb • * 20c 23c 4,500 18c Jan 32c Feb . 20 Feb 5c , 1 —- .100 Coal Feb 147 2.70 15c vot_ Distillery Trust Crowshore 165% 148 2.85 .100 Pershing .Crow's 'Ac May 7'A Davis-Leather class A ; 22c 1.00 Gas Crestaurum „1 Boymar Vbc Jan 8c 126 Feb 60c Gold JBordulac 32.839 'Ac Bit 39% --1 ll'Ac 'Ac 25c Mining 45c Bobjo Mines ■: 1,125 22,417 Gold.t.^——2.50 Quebec A Exploration 39 Vb 50% -50 5,088 25c 23c Jun 15'A 39'A May- * 10c 139'A 148'A —« class Press 148% 9c 10c 5 ; —— 45c -1 . 1 : & Smelting Nicholson Mines Mining Consolidated 80c 3.000 Bonville - Feb 20% : 21c Mines Lode 900 Bonetal T Jan 28% 24'A May 1,285 Knitting common Bar 1.U30 B Bfdgood Jan 76 25 23c 38 Bellekeno Mines Kerens River Blue - 146 Jan 61% 24% 2.80 Cobalt Crown , Jan 132 25 Gold Chimo 38% & Bevcourt 49 Chromium 26'A Metals Bell 15 72 4 Corby , 135 1 39% Bathurst , 135 70% _1 Mines 26% Bates , 18% May —50c - --10 Scotia Mines Beatty Jan 8 —— -.10 Base , 15% Feb Toronto Class 25 —.U_—, Research Cheskirk Mines 43,800 Barymin Co Ltd - 17% .. ————-_*. Steel'common Chatco Rights 1 17% • Jan 1 — Ltd Co Nova of of Feb Apr * Gold Centremaque Charter Oil Montreal of Bank Bank Feb 50 1 24c 16c 37'A Jan 1 Mines—. Gold 3.30 14c Jan 43% *. —: 6 %c 15c 24% 80 1 —— Oil-- Leduc 21c —1 Mines 40 45% -- —1 Gold 3.10 : 34'A 44% — Apr 39 Mar 25 23c ___! Fabrics class A 34% * 100 Vickers 3.15 6c 54% Feb 45 —* preierred —1 —1 Jun • Cos common ___1 ■ 2__. Gold 45 * Malartic Consolidated Duquesne - 32 115 • Feb 18 Jan 13 % Mar 5,020 17% 565 46 1 Locomotive 43c 2.01 May., 15% 8,500 12c 17% ; 2.85 35 45 100 Preferred ;Coniagas — Mines 7%c 34 45 • 90 Jan May V'v ; Yellowknife Atlas V ■ 75 640 —1 A' ■ Oil Steels 'Atlas ' - 13'A May Jan -20c 48,550 17% ' * 8% 35 __10 35 May 20'Ac 8,500 40'A Mar Feb 3.15 Mar 4.60 Feb 13c Jan 2.43 May 1,065 -- 120 12% Jan Jan 3.25 May .: Jan 84 20c Mar 42 * Dredge Patricia May ' Feb 8 41% 25 Porcupine 10c • 22% Jan 42 25 * I Central 13 %c 12% Jan 6'A 11 20 - common preferred Central 2,000 —1 Ascot Metals Corp Ashdown 11% —1 Preferred / 12% 19% 100 . ♦ A Celanese Canadian Cockshutt * Apr • class Apr 1,500 — 1,140 16 10 Commerce Canners Castle Jan 6%c 7,000 5'Ac 13c —1 ; - 4%c 'III Res Porcupine Aquarius ' * 21% Jan Jan * A Citra-Lartic Ankeno 11% 425 25 — class Breweries Canadian Cariboo May 23 76c 54,255 11 . Mines Rouyn 135 * of Bank Canadian Canadian s Anglo 14% 29% May 7 ■ preferred Canada May 1.42 3.00 May 18,865 2.45 __ 27 • —50 Varnish Chemical J ^ Oil 23% 1.06 , * __ — 97c Aor 3.00 25 125 —_* Lines common-- Canada Jan 113A Jan 55c 31% Petroleums-.; Anglo-Canadian ■». pfd : Yellowknife "Anacon'Lead Anchor of Canada Nepheline 'American 9% 750 95c Feb 27'A - SS Jan 19c 3.25 75 Feb 10c 90c Jan 20 Preferred 8% 6% May 33% — * 53% * Jun 18'A 76C _1 Knife Yellow Alberta 179 11 B Canadian 26c 260,603 Jan 7 Canada Permanent Mortgage Canada Feb 56 11 ■ Class Apr 4.75 Jan 20% 21% Canada Packers class A 3.00 Jan Jan 2.75 49 14% 14% * Canadian Pacific Railway 3,375 97C 27% „__10 * Machinery-. Canada Feb 95c • 67% A 20% * — —— 64 * class 22% May 25'A Mar 42,100 11 67 20 Jan 15c 11 90 Apr 6.10 May Apr 2.10 550 50 4.80 500 3.00 50 * 18% May 24% ♦ Petroleums Akaitcho 11 » 2.80 3.00 50 common Foils Central Agnew-Surpass 2.75 *.4 —50 1 High 61c 12c , * common preferred Canadian Range Since Jan. 1 32c 32'Ac 15c • Gas & -- ■ 565 1 Oil & 21% 25 • Acadia-Atlantic , 18% 8% Mar Apr Low 25 Apr Jan Canadian Shares 20% common..* 20 new 40 6c i High Low Par Mar 7% Canadian Sales of Prices Sale Price 28 660 Class A *"?or Week Range " 185 12,000 Canadian Canadian Funds Week's May 9c Preferred Exchange Friday Feb 51 7% Canadian „ 23 Jan 7% New Toronto Stock Jan 40 7'Ac 2.92 May 2.08 Mar 12c 18 130 9c Class B Jan 85c May 270 " 1 Jun 14 1.70 May Feb Jan * 1.29 Mar 1.85 ■ Feb 35 29c Jan 31 A Canada Northern Power. Jun 15% Jan 6.15 ' 9c 6c 33% : _♦ L Canada May 2.20 1.00 2.08 1.00 3,25 -t— Jan 13 2.51 33 class A B Jan Jan 38c Jan 5c LOCO 50 & Co May 18c 17c 20% 49 Canada Jan Jan 7,400 200 20 Class May 6.65 Feb _ 1.81 20 49 Jan 91c 2,200 1.100 * _* Jan 1.70 Jan 1,000 6c Preferred 2.80 Mar 8.90 6c Campbell Red Lake 92c 62c 1 _* Canada - 700 32 18c 17c Calvan Apr Apr 200 — Trans>Empire 14Vi Jan 1,050 1.20 — Jan 45c 3,300 146 32 32 Calmont Oils Jan 46c 1,000 9,500 Callinan Flin Flon Jan 5%c 8,500 _1 0 • 1.03 A -•*Av. 13c Apr May 10% 14,000 5c Burrard class Feb 15cl7'/8C 1.31 • 15% Jan 6c 21c 5c 1 12c 8'Ac Mar Feb Calgary & 1.90 13% * 10% 19c • 14% Jan 1.20 Feb 1.20 May Jan 9'A 2,600 -- 4.10 70c 5,100 19c . Calder Bousquet Jan May 1.13 6.10 6.10 -1. Ltd Company Oils Ltd 1.20 1,000 ——90c Oil Superior Mar May 2.21 - 94c 1.15 9c Class Apr 9'A 28'A 1.38 Gold Apr 695 1.25 Lake 16% 690 8'Ac Canadian Jan 15 1.36 Burns Feb 13% 30 1 Red 9%c 14% Burlington Steel—— Jan 2.20 10.500 8.35 Ltd- Co 3.70 Jan 565 Bunker Hill Feb Jan 1.20 32c 15% 1.13 5.60 8.35 Ltd Oils Phillips 11% __ 2.20 —_ 10% 2.90 16 5%c Jan 29 % __ Jan 45c 7.00 May 2 Vic 3.00 __ Ltd— Petroleums May 28c 92c 6.15 3.00 r; 2.20 National Petroleums Corp Ltd Okalta A>' 90c 5.90 15 % _• Ventures Ltd Island 16c 3'Ac 16c , V; Ltd--. Oil Home , 35c —* . 35c Mar 1 Building Products Bulldog Yellowknife 1.30 Mar 5,000 37c • €.15 - Jan 6,000 11 32c ——* - Petroleums Ltd Oil Gaspe Long 10% 29 Vic 3.00 - * Ltd 100 6%c 4c 3%c * Ltd 60c 101 13,365 9c 29% * Buffalo 1.85 May 9,600 '—A * Explorers, Federated 1.10 - Calgary & Edmonton Corporation Ltd-* Oils Ltd _1 Petroleums 1.00 Jan 1.00 May 146 9c 22 14% —— Buffalo Jun 20c May 15c 2,400 30c Cahnont Calvan 3.00 1.88 3,000 1.84 11 1 Ltd Co 2.97 ——* Ltd Oil Co Petroleums 7.50 37c •/ 1 Ltd __ 400 — ■ 3c 1 / Anglo-Canadian Atlantic 2,000 6%C Stocks— Oil 40c 7.65 10% 1 Ltd— Mines 95c 40c _* Products Ashley 89 Vic 5.200 ., 1 4c 300 1 Ltd Ltd Copper Corp Mineral Weslville Ajax Mines Pyrke & 6,750 , 1.05 • Mines Amulet .Weeden Jan 20c —1 Ltd— 4.65 1.88 ' 1 - Mines Jan Mar 9%c May 2.60 May Jan 94 97 Buffalo Ankerite Jan 7c 2.97 . 1 Ltd 16c 1.60 — 1 Ltd Mines Mines Silver Waite Ltd Iron Cons Tobrit May 18c — __* 1 Ltd— 9c 1.60 — 1 _ (1944) Jan 15,400 3.15 2.80 3.15 19 Vic 1 — 4%c 2,000 4c 4c — — Ltd Mines Mines Rock Steep - Ltd 9,000 3,500 May 90 15'A • B 78 7%c A 1 class Feb 35 Buffadison Gold May 36c May 12c Mills Bruck 4.15 May Jan 2.45 Jan 25c 32 96% —— 8%C —-—_— . 2,500 10c 9c 1 Ltd Mines Mines 4,200 13cl3'Ac 6c 6Vic 50c i™ w Miller 4,500 Jan 81% pfd Porcupine 29 81% • Class B —..—• British Columbia Power class A * Broulan Feb 20 31 * _ 28c 34'/2 31 31 class Jan 5,770 —25 100 Packers Apr 29'A 34 34 100 Columbia Feb 17c 31% * Forest Products British Columbia British 27% Jan 13,700 Oil common preferred Jan 4,042 15c ll'Ac Columbia Elec 4% BHtlsh / 20c 34c 20c High Low 23% 15c Lake Preferred 3.40 May Jan 5c — Chibougamau Goldfields 1 Quebec Labrador Development Co Ltd_l Quebec Range Since Jan. 1 High 22% 1 American Jan 1.65 1.14 May 56c 5c Mines Prime Mar 16c Red British Feb 21c 3.15 3.15 32c32'Ac 56c Ltd 3,000 6.00 ^ Brewis 23% Light & Pwr com_* Traction Brazilian Apr Feb 29c Jan 4.50 Low Pa: High May 20c 2,100 __ 1 Co Ltd—i—_—1 Mining 4,000 3.15 1 1 Ltd™ Mines, Fields Gold Perchcourt Pitt Gold Dredging Ltd Silver Penn-Cobalt Range Since Jan. 1 Low 23c 22c 23c Corp Mining STOCKS High, Low Par Ltd...—-_i—„ North Denison Mines Ltd 1 _!■ O'Brien Gold Mines Ltd 1 1.20 Normetal Shares Last ■. Noeana for Week Friday STOCKS . Sales Gold Ltd Mines _• 20'A May 24 Feb 21 185 22c 23e 14,600 20c May 32c Feb 18c 20c 13,200 15c Apr 28c Jan 1.05 1.15 18,050 16c 19c 37,260 20% 23c Ltd—1 1 1.13 —1 J.6c ... 1.05 12 %« Jan Feb 1.40 21c Jan Mar WAMHHinihW Number 5017 ^Volume 173 . . The Commercial and Financial Chronicle . (2325). 41» ■"' %,. CANADIAN LISTED MARKETS RANGE Week's Last Range of Prices Shares STOCKS Par Discovery Distillers Seagrams Dominion Coal 28% • j Bank Dominion Low • JUNE Friday Low High Par Dominion Scottish Inv Dominion Steel Coal Dominion Stores & 1,670 27% Apr 34 Feb Jack 15% Jan 20 Feb Jaculet Mines 24c 31% Jan Jellicoe Mines 21,669 l 8c 9c 23 % May Joburke Gold i 6c 6c Jupiter 1,690 26 345 22% 22% 50 22 50'A 49% 50% 2,235 40 Jan 54 98% 97% 98% 115 97"% May 102 12% 12% 13% 540 12% May 1.50 preferred class 43% 43% 25% May Feb 33% 36 Waite 13 14 Preferred 35 34 — 35% 1,971 20% 20% 100 13% 23.50 14% 1,115 __ 1 Mines 22c i , Ltd Kayrand 50c " - 1.16 Mining 48'A Apr 39'A Apr Kenville Jan 14% Jan Kerr-Addison 36% • common * __ 10% __ 10'A 10% Jan 22% Mar Keyboycon 16% 20% May 51c 57c 17,400 Mines Donalda Donnell & Mudge common 5% 5% 10'A 10% Kirkland 10 % __ — _1 — 5'Ac 4,000 Feb 16% Jan Feb i ; i Feb Kroy Mines Ltd. Amphi — _ • Feb 9 Jan 13% Feb 5c Jan 8c Mar Malartlc 6c 4,000 6 Mines 11c 12c 4,500 10'Ac Sullivan 1.05 17,250 98c May 66c 61c 69c 56,300 51c Apr 7.35 7.55 1 Mines™ 1.73 Lake 7.75 80c 7.30 May 14,120 Invest Economic 9.65 Feb 7% 675 6% Jan 8% May 5'Ac 400 5% Jan 6% Mar 23 49'Ac 22 200 16,562 47'/a 1,250 7,866 ,1,500 May 18c 18 %c 20c 10c 12'Ac —1 Fen-Rey 23 49c 55 %c 1 Gold 550 237/s 21% 22 1 Elder Mines El 7% 5'Ac -20 class A Eddy. Paper Eldona 7% — (John) Ltd Brass preferred Empire 6c 6c 1 —— 6c : —22 21'A 21% 27% Apr Jan 26 11% 11% 63c Apr May 32c Jan 10c Mar 16c Apr 5c 35 Estella Mines Ltd 1 1.80 1.75 1.90 May 8c Jan c 1 1.00 82c 1.05 21'A May 6,200 Corp Famous _• Nickel Falconbridge — Cos Frobisher Co —; Expiration A • — 1 a_ji.^m.».»nn»r3l I — ; class Mfg ' Osu Lake Shore Lapa May 16 Mar 16% 16% 110 20.200 16% 17% 13c 4,485 28,425 1.05 17c 47c 500 37c Jan 77c 6,213 66c May 12c 14c 3,000 12c May 1.10 1.15 3,200 77c Feb 18 Feb 25'Ac May 19'A Jan May 70c Jan 12c Jan 19 19% 285 7.20 7.65 3,380 32c 31c 32c 10,400 30c 22c 80c 1.32 "U" 78c Mar 1.14 Feb I,000 3c Apr 6%c Jan 16c 18c 8,250 16c May 35c Jan 19c 19c 2,250 17c May 29'Ac Jan 9.90 3,860 32c 7,540 9.55 9.45 28c 28c 2.05 2.00 2.05 5.75 5.80 220 15 15 40 6%c 7c 8.50 26c 400 8,600 5.10 14 Jan 17 Feb Feb 8c May 3%c 4c 3.000 3%c Jun 7c Feb 2%c 7,000 2'Ac Jan 4'Ac Jan 13% 14 270 13'A Jun 15% Feb 13c 14c 9,200 12c May- 35c Feb 31c 2,000 30c May 55c Mar 1 oils * 30c X 1.02 6%c 1.01 1.04 5.515 6'Ac G%c 2,500 14c 61,100 12 %c 1.00 • - Jan 1.20 5'Ac Mar 5c / Jan Apr 18c Jan •* < 13c Mar ,• Gold Mines Ltd ; London Hosiery class A Island Petroleums Louvlcourt 2,350 31% 390 30% May 34% 32 32'A 385 31% 35'A Feb 5%c 5'Ac 7c 12,690 10c Jan 9% 9% 9% 11 Feb 14c 16c 2,000 13c May 22c Jan 15c 17c 14,200 15c May 35c Jan 11'Ac 13c 4,600 11'Ac May 20c Feb 1.81 1.75 1.87 2,550 2.48 Jan 1.00 95c 1.12 25,240 " * Goldfields I Yellowknife 16'Ac • Mines MacDonald 67c 30% 32% 1 A__ 31 • class B 61c • - Groceterias Mackeno 6.75 Apr Jan 2%c Long Lac Macassa Feb Jan 2.40 May 5c l Lynx 12 40c * 13% 1 * Long Jan Jan 1.75 May 3%c 1 Lomega Jan 7,000 1 Gold Class Jan 3 __ Leduc Consolidated Loblaw Jan 9.60 55c 4c Lencourt Gold Little 19% Jan 85c Island Lavalie Mines Leitch Feb 4c 1 Secord 1 _ Mines . Lake , Jan 18c 78c * Cadillac Larder Feb Jan 1.09 Jan 6.10 May 68c , May 17% Apr" 24c Jan 16 Jan 1.33 "* 1 1 25 55c Jan 1.09 Jan 5%c Mar 8'A Jan 1.65 • May 85c Jan 9c Jan Jan Feb 1.32 Feb 12c 18,100 6c 7'Ac 18,500 1 1.03 1.02 1.17 43,950 1.02 Jun 1 Mines Gold 10c 7'Ac 2.50 2.41 2.65 9,958 2.01 Jan 23 22% 325 16% Jan 28 Apr 2,595 16% Jan 28 Apr 1" : Mines 15c Jan 8'Ac 47Ac May Jan 1.85 Feb 3.95 ,, Jan 20%' Feb 109% Jan Jan 3.55 May 6.70 MacMillan Export class A. Class 42 % Mav « 50 w- F«b • B —• t 23% 23 22%' 23'A — 2.12 "12.200 17c 19c 5,200 .1.88 .2.05 16,200 _* Magnet Consol 2.02 2c 2'Ac 24,000 100 Mines. 105 105 10 103 Apr 106 Jaw Jan 1 2.05 I 2.00 May 2.75 Jan 17c 30c Jan May (J0.25. Feb 17% Jan 104 23 May 106 May Feb Mar 12 %C: May 15,000 •' 22 %c . Malartlc Goldfields Manitoba Eastern & Manitoba 1 Sugar preferred 8.10 Feb 1.91 1.85 May 2c 2.90 3'Ac May Jan Jan • 14 14 14 107 14 Apr 16 • — 13 12% 13 530 12% Jun 15% Feb 4 'Ac 4'Ac 750 7c Feb 8%c 8'Ac 9c 3,500 17%c Feb Feb Jan 6.1C1 7'Ac 10,500 7c Jan 11c Feb 2'Ac 5,000 2'Ac Jan 5c Jan 30c 33e 3,500 30c May 58c Jan 16%c :17 %c 2,600 16c May 6%c May 7'Ac Jan 23c Jan 14c Jan Leaf Maralgo Milling 1 Mines 4c May Jan 12c Maple Marbenor Marcus i'i', 31 %d 6%e 7c 1,500 7'Ac 7%C 1.00C 7.40 -- 7.75 31,610 4c Jan 3c 5c Apr 3c Jan 3.068 6c 8.40 May May 1,000 3,050 4'Ac 6c 5.75 i - ' 9'Ac Jan 8'Ac Jan Malartlc Mines Ltd 1 7'Ac 4,000 7'Ac May 1 6c 6c 7c 8,000 3'Ac 12% 11% 12% 21,725 —1 20c 20c 25c 9,400 1 , — Matarrow Lead * Ltd • common 1——100 8c 13% — McColl-Frontenac 26 * 13% 695 26 28'A 2,570 : 88 88 27c 30c 16,050 59% — 88 30c Preferred .. 8'Ac May • Gold Martin-McNeely Massey-Harris Maxwell 7.70 ~~7~i Mines Goldora 14c Apr 7c a;; Gold hawk Porcupine Feb 2%c -- 2%c i 9,550 • . Maple Leaf Gardens i Jan 15c l MacLeod-Cockshutt 97 Jan 2.30 6,745 —- May 65c 7.50 1 Lapaska Mines Red S 7.15 i 46c 19% • River Jan 6.70 ■— 16.400 24,500 - 1 Ltd Lamaque Gold Lang & Sons Macho 4.95 15c . Jan 1 Mines Macfie 525 12'Ac ;—<— ; 4.65 Mar 17% 56 _i Manitou Jan 102% May 385 V 11c ■» Lake Wasa Mining.. La Luz Mines Apr 5.50 104 ■ Mines Apr Jan 20% ■ Golden 64% 103 5.00 104 nil i —— Jan Jan 1,000 20% Gold—.. Eagle Mines Feb May 5.80 20% 1 Goldcrest Gold 70 94 115 _1 Mines Feb 5.50 '' 1 ■ Lake 3.05 5.30 5.80 42% —— Jan Mar 76 2.70 10 8c 9.10 Mar Jan 39% 825 Feb May 100 1,120 104 3.25 42% Gold Mines— ■ Goldale 18% May • Gold Maasen Red Lake Gold 1 Gold 18 104 3.25 3.25 Feb Mar 43c Jan 65 100 42% Lake Glenora „• 97 Jan Jan 48% 5,000 • 100 common Preferred Yellowknife 3.45 - • A_, Geneva Lake Gililes 3.25 13% — — General Steel Wares Gold 20 96 * Products General God's 50 102 3.45 100 Petroleum ClcLSS Giant 56% 102 6c l Feb May 24 Jun 1.40 25 54% • common Bakeries 4'/aC 4.85 4,741 65 Jan 35c 15,548 51% 100 — preferred General 2.25 49 102 * . —. Power Gatineau 5% 500 1,000 1.80 Jan 22 11,788 25c * 100 common preferred General 16 65 Preferred Galr 33% 11% 8.65 B Fraser 28% May 4'Ac 50% * Ford Motor class A Class 400 1,315 35c 2.15 _• : 13% 30 8.25 — Jan 13% 50 5,000 I_1 , Lexindin Gold Jan 8.40 Feb 1.63 18% 4'Ac __ 2.85 Apr May Jan 35c . Manufacturing Fleet 1.55 16% 8.40 9 Feb 190 22% Jan 18c Apr 12 77c 12,923 17 • 22'A -- ■ Petroleums Flank 13% ..1 . Petroleum Federated 29'A 20 preferred Kirkland Federal 30 —If common redeemable $1.40 16% '.3% Players Grain 17 _* Fanny Farmer Candy Shops Federal 11% 9.90 11 22 Jan 10 24,100 Eureka 19c 16 %c Apr Jan 19% 125 —25 —— Equitable Life Insurance——^ May i Fortune Laura Gold El Sol 6c Feb 5%c 10 (new) Jan 8,500 50c 1.20 Jan* 44c 1.15 Lake Lingman Jan * — - May 22c May 14c Labrador Mining & Exploration! Gold Mines Lake Dufault Mines Jan * Machine.. Easy Washing 46c 1.05 11c ■. 21c 47c Ltd Lake East 21C" High Mar 12%c May 16c Townsite Oils Labatt 18%c Mar Jan 98c 1 — 11c Apr 12c Mines East Rim Nickel 7c 1.00 East Crest Oil East 7c AL 3,000 72c Laduiama East 13%cl3%c 5c Feb 3% 160 44.000 17 Lake Kirkland 65c 10'A May 46c 50 5'Ac 5%. — 9 Class A Duvay Gold Mines Jan 13 50 53c Woollens Dominion 9%c Apr 30% V-. Gold Kirkland-Hudson Textile Dominion 8c • 22c 23 %c — Kelvinator Jan 12 320 • Dominion Tar & Chemical common Feb Oils i Ltd Quebec 9c Feb 157A » Mining 27 1,175 14 • May " Gold 43% May 30 35'A —25 B Low Jacknife 28% 27% Range Since Jan. 1 High Jan 17% — Low 43c 16% • Magnesium Shares Jan Jollet Dominion for Week 29c — • Sales Range of Prices 6,100 25% red sinking fund preferred -100 4%% Week's Last Sale Price 35c 25% -25 Dominion Foundry & Steel common 1 STOCKS 16% -10 preferred ENDED Range Since Jan. 1 High 31c 2 Ltd Mines Dome J 1 Yellowknife WEEK for Week Sale Price FOR Sales Friday 53% 60% 915 45c 46c 10,550 4'Ac 47Ac 5,000 McDougall Segur 58 11 12'Ac Jan 10c May Apr Mar 13% May 20c Jun 11 Feb 15 187A Jan 28% May A 88 63c Feb May Jun 99 Jam 21c Jan 39c Apr 53% Jan 70 Feb 44c Feb 54c Jan. ' 4%C —l Goodfish Mining V • Preferred — Class A 97 —50 —• ■ v. 48'A 90 98 48% 48% 52 48% 540 105 Feb 30 Jan Feb 23c Jan 46% Feb 52% May May 10c 25,370 46% Mar 48 1,000 42% : 93 546 11'Ac:11'Ac * ■ 50% < • preferred 97 48% 1 Bousquet Great Lakes Paper common-1 8c Mclntyre Porcupine Goodyear Tire common Graham 47Ac ' Feb 52 Jun 49 . Apr McKenzle McLellan Red Lake — McMarmac Red McWatters 7%c Gold Mercury 46c — Gold Lake Mills 6 %c 8c ; 4.50 - 6,410 9c ; - 8'Ac 6'Ac May 13'Ac Ja«v 14c Mar. 600 - 7%c Jan 810 8c 4.50 3'Ac May 3.75 Jan Jan 5% Feb 3.50 Feb ' 9 Greening Wire Gridoil Freehold Leases Guayana Mines Gulf Dead Mines Gold ■24% 24% V 1, • ■ mil 16 %C • — ; Jan 5 7.75 1,700 6% Apr . 11% ii—i Jan 9c Jan 21% 1 Milton 16,300 6c Jan 2,000 2c May 14 376 18,900 8'Ac :; 12% 6%C Jan 19% Feb Jan 12% Jan 20'Ac ; Feb 37C Headway Red Lake Heath Gold Hedley Heva 25c Jan 69c Feb 6,700 37c May '93c 10c 12c 11.200 8%c May 18c Jan 12 %c 15c 38,100 7c Feb 16c May 50c 59c 7,100 44c Jan 76c Feb 9%c 10 %c 3.920 7c Jan 20c Feb 10c Gold Mines 92c 92c 1,000 85c Jan 1.15 Moneta 4c 2,200 4c May 6%c Jan ll'Ac 11'Ac 3,500 10c Jan 18c Dauch 26 26 26 50 24% Jan Hollinger Consol 12% 11% 12% 10% Jan 13% 13% 14 3,242 5,533 5c 4%c 5c 30,500 5%c 3.000 57% 920 Gold Hosco 1 Yellowknife Homer Hudson Mines & Erie 20% 5%c 1 _ * 1 57 55 22c 21c 23c 6,800 paid ——♦.—100 24 24 25 75 Bay Mining & Smelting Hugh-Pam Porcupine Huron - --10 * Imperial Tobacco of Canada ordinary_5 " Preferred Lake 30% 30 36% 34% 11 11 .— National 1 Brass- * ■* Inglis Inspiration Mining —; International Metals class A_ International Nickel Co common Preferred i — International Petroleum' For footnotes- see page 1 t : Mar 43. 17% 25 24% 1.85 • 260 31c- 1,985 16'A 16%' 24% 4.50 -—— 8c /. National 80 25 1,525 150 24% ' 5.00 ■300 9c 12,500 7% 500 1.50 12% Jan 2.10 Jan, Jan 2.02 t, May. Feb 20 v. 23 „ 30c May 14 Mar 19% Feb 29% 24% 44c 24% May 4.00 8c Feb Apr. Jan. Feb Jan Mar: 27 6.00 Mar 14c May 38% Mines Negus Feb New 13% May"' 18% Mar New 475 16 3,870 27 27% 183 27 255 27 27% British 12c Calumet 6 %* Jan 9% 12'A Jan 12 ls Feb Apri¬ May 28% May ■■ Jan 5%c Jan 54 May 20% Apr 24 Jun 23 3c • Apr May 75 8% 100 8% Jan 28 14% Jan 41c 1,500 46 55 36 16,583 38% 28 41c 39 -138 13 - Jan 3'Ac 1.60 2.99 2.90 1.27 1.17 30c Jan 28 Jan Jan 25% Mar 7c 33 New Goldvue New Gold Jan Mar Laguerre 1.40 Jan' 2.566 7c May lie Mar 3c Apr 7c Feb 1.75 5,000 * 26,397 37c* II,425 1.19 Jan May 3,425 10,380 2.65 1.10 26c - 3.65 Jan 1.45 Jan Feb Jan 43c Jan May 97Ac 9,500 6c May 25c Jan 14c —— 14c 6,167 11c May 24c . Jan 9'Ac; 4,000 7c May Mines New Marlon Mosher Long 7c 1.51 5%C Gold New 9c 1.52 Mines Lac Newnorth Gold Norsman Mines. 5%c 1.65 17,180 6'Ac 55Ac May 6,000 13c 26c 9c 29c 37Ac 2.000 9c 9'Ac •8,000 97AC 19c Jan 2.53 .. 1.45 May 7,250 37Ac Mines :. Jan 10c 52c Jan Jan Feb 3c May 7'Ac Jan 9c May 20c Jan Feb New Norzone 9'Ac 9c 33,408 5%c Mar 12c New 8'Ac 8%c 8%C, 7,641 7%c May 14c Feb 8'Ac 8'Ac 8 'Ac 3.000 Jan 3%c, 3.000 8 May 3'Ac May 11% 3%c -1,700 •1.51 Mar 9% Mar 18 % Feb Pacalta Oils— 55c Jan New 52-' Jan Nib Feb Nlpissing Mines May Nlsfj Mines Ltd Jan Jan 9%c Hugh Malartlc Jan Feb Feb 71c 1.65 Jan Jan 7% Feb 2.40 31% 3,375 1.26 33c May Jan May 530 3.00 Mines Oil 31 Jan 27 12,550 - 3'Ac 1.50 May 35% May 15 -.7,680 . 7%C A—. 33c New Newlund 15% 17%.-20%; .80c 1.58 New Dickenson 13 28% < 28 Mines——— Jan Feb 11 1.010 1.93 74c Dominion 9c New Apr 6% May — 62% 39% Mar 100 29 1.80 .27 28 Jan Jan . 28 1.90 B t Bidlamaque 4%c May 27% 5,000 4G - 11% 14% Alger 1,320 11 Via 141% 141 %r" 19% 11%' • 28 class Petroleum Feb 8,1.28 37% ' 4%c 41c • 7% May 107A May 5 7c Hosiery 16% 8% 5/100 — —<————--20 29% 15% 46 7% Drug & Chemical common__5 National Steel Car 36% 23% 28% 8% 1 • i——• : Preferred Apr 4c 4%C * Acceptance common Machine class A_ (John) & Co Ingersoll 17% 10'A May 157A May Mines Preferred New Industrial 1.50 Mar 2,400 • National Grocers common 30 23 25 — — 175 30% 6% £1 —— preferred 4% Indian 2,400 10,452 l—I".—25 Mylamaque New Jason Imperial Bank Imperial Oil —! 1.90 2.44 17'/a • common—— 20%c Jani - May 8% May 17% common Preferred New Oil Home 2.65 May 10c 2.32 Porcupine National Highbridge Mining Highwood Sarcee r— & 50 30c Knitting Corp : 16% 1.85 Corp Montreal Locomotive Moore 1,605 22,800 12c 10% 2.39 — Metals Corp Monarch 2.80 10c Feb 4c Highland-Bell Hinde 2.70 10% 11c Jan 14c ———— 5,200 43c 59c Mascot s—\_i— 40c 37c 10c .— 35C 39c Gold Head of the Lakes Iron. 2.75 --. Grain 16% Brick Mindamar Morrison Hasaga — Pacific & Feb Jan 40c 12 %c May Jan 10 10,600 9c 18c 4'Ac Jan 579 11% Jan 27% Apr Mining 14 c , Mid-Continent Oil Midland 21c Jan 2'Ac 15c 16'Ac 'Mexican Light & Power common. 10% May Feb 21c , 7%c Jan ; 2C 11% 9C 690 25 11c 13% • — Harding Carpets Harrlcana - 1 — Bridge lie llc~r 10%C -1 _• Gold Rock Gold Mines Hard 100 7,240 1,500 * — Halcrow Swayze Hamilton 9.75 lie - ! 5'/a 9.25 9.30 -III1 ——- Gypsum Lime & Alabastlne—-— Halliwell 5% * 42% 144 21% May Nor Thurbois — Yellowknife..— jicme Gold 1 54 .1.60 30c '35c 1.00 34C 1.00 19,900 " __— . 30c Jan 3.00 Jan 60c Apr 85c 5'Ac Mar. . Jiviv ' 100 ; 1.40 Apr 42: The Commercial and Financial Chronicle (2326) . Monday, June 4, 1951 .. CANADIAN LISTED MARKETS FOR WEEK RANGE ENDED JUNE 1 ' Sales Rang® lor Week Last STOCKS— Friday Week's Friday Sale Price of Ptices Range Since January 1 vPar -—• Noranda Mines Mines Norpick Gold North Inca Northland 10,100 3c 23c 25c 8,200 20c May • 1 Star Mines Oakville I _— 5%c 12'A 15c 1,500 15c Feb 25c 18c 20,500 12c Mar 22c Feb ' 5c 6c 12% .6 2,900 18c 49,210 14c. 6%c 3%c May 2,000 6'Ac; 6.00 Jan 5c 18,000 9'A Jan Feb Jan 12% common Steeloy Mining 9% 1,320 29c 32c 61,200 1.13 1.20 5,200 8'A 30c 1 1.17 22c Mar Oil • Selections 5'Ac 5%c — 2,000 5c Gold 10c May * 11c 10c lie 15,000 • . 2.56 2.45 2.60 7,400 Okalta Oils 1.95 Omnitrans Exploration Lake Osisxo 1 Mines 3%c 825 1.10 31,110 1.10 600 7c 11,500 9.35 14c 2,000 6 98c 1.10 3%c 5'A 3%c 5'A 17c 1.00 • i Orange Crush 17c „ 4,700 7,740 . 3c Navigation Pacific (Eastern) Pacific 1 1 98c Petroleum — 5c „ 1 9.35 - 8.75 5% Western Paramaque Mines Taku Feb 7'A Credit People's 46c 8c 51 May 75c 3%c 2,500 3c 2,500 2%c i,«oo 56% May May River common (Pearson) 38c 39c* * — 30 30 7c Pickle • 1.51 1.51 1.73 —1 Gold Crow 2.03 1.85 2.03 Mines - May ! Jan May 82c ■ J * : Apr Feb 93 2.00 May 95'A Feb 99% Apr 5c Jun 19c Jan Jan 1.45 Jan 1.05 ljOl Max 4%c May 10c 29' 6,000 33 Feb 7 Mar 490 75 6% Feb 6,950 1.98 Apr 2,000 6'Ac Jan 21c Jan 7 '2.20 7 %C ( 7'Ac - 25c 25c '' 1.87 -1' . 1—i— _Iio: J - 25c 4,400 1.89 1.85 1,600 13%" 12% - „ May Feb 2.52 13c Jan - Jan Feb 38c 1.20 644 Jan 2.25 Feb -11% •- Jan 15'A Feb 2fcc 32c 25% 24% 25'A •; 3.15 3.15 3.25 *, *; 54c 53c 20c 55c 35c 40c ; Transcontinental Resources — I 112% Apr 25o -72 113%-113%' - 32c —*' class A. Finance : —1' ... Empire Oils 16' Jan May 61c 45c Jan 30 —■* 40c Jan Feb Petroleum Trend Jan Mar 27c Union Acceptance Union Gas Union 1.50 May 1.95 May 75,050 3.00 Jan- 116 41c Jan 30 24"% May- 560 8.824 - Feh Jan 3.50 Mar 50c 12,600 v Jan May Jan 89c 20c 6,150 2lc Jan ——— 'i Corp class A 37c • Jan 11% 11c 8 Mar 57'A- Feb Apr 21% May Mar 92c 29% Feb 17c 1.22 Jan 25 28% Feb 55 55% Jan 59 8,290 11% 11 V,; 1.02 Apr 1,000 1.12 29% . Feb 17% 1,470 47,510 1.00 29 % —: May 7 100 - - ll'Ac ll'Ac. 1.05 35c 5,300 ; 56% ;_l preferred—_— 50 * ._* ''' United Fuel class A United Keno Hill - -.7% 20% 7% 19 'A 20% -1. Mining United 3.05 Mar V', • :— ' 7%' „9 preferred-— — United Asbestos Apr May 1.76 May 900 Jan 1.23 6%c Mar 25 5,553':: Feb 3.75 , Jun ". 7 • Mortgage Traders 5'Ac Mar 35c 100 30 4,5,90 „ 1.00 2.10 2.15 ——1 — Petroleums Trans Jan 3c 12 1,000 1.50 29'A'e 29 *: common. Elevators Toronto Feb 50c 400 18c . Jan Jan 87% Mar 22,000 .1.29 1.00 29 * ; Jan 2'Ac 11,960 Jan Jan 11 72% Jan 25 8c"1 5c 1.23 * Ltd Toronto Jan 1.17 50c 3'Ac Mar 71,163 ,, *105 1,680 , 92, '100 99 % 5c 1.23 1 Tombill Gold Feb 32c 46c Jan ~ 30" 1.85 r 10'Ac Feb 2.85 78c 36% - Feb 5,750 37c Gas & Engravers Pioneer Gold — 92 f9'A .100 - Thompson-Lundmark Feb 10% 15,000 53c 59'Ac 12 13 59c 1 Sec „ Oil Photo 1 -—* Consol Paymaster Perron Gold — 1.50 — Teck-Hughes Gold Mines 1.70 Mar 1.75 Jan 53 % 88c 38c ' 78%' 13c 35,200 78 % Jan Apr Jan 2%c • 1 Malartic Partanen Petrol 1 30% 5,650 1.05 92 Transvision-Television :i Malartic Parbec ' 1,500. '3.00 1.65 Tamblyn 5c 395 14c •. 2.95 1.00 36% Mar 30%" Jan "" Feb 7.55 3c 38c 1 — . — . 14c 2 97 ' 5%c Feb Jan 52 % 80c 32c 53% * 10c Oil 6.70 May 1.05 preferred Jan 21c Jan 3'Ac Page Hershey Tubes Pan 3 %c May Surf Inlet Tower Pamour Porcupine 8,500 20,840 125 Jan * 4c 34'A May 74c Jan 7.80 570 ~ Feb 3.00 May 1.00 48c r 4c ordinary™— 7c Jan 7.40 1 Torbrit Sliver Mines— Pacific Coyle 33v * Jan 22c Jan May; 4.25 4,000 * 5% 16'Ac Jan Jan „ 62c : 7.50 Rights Taylor • O'Leary Malartic 255 - 1 — Bupertest' Petroleum Jun 1.60 May 7," . 33'A Ltd Oils Syivanite. Gold Ogama-Rockland High - 33% 1 Sullivan Cons Mines— Buperior Jun 39c % 1.13 May Low 3 2'A • —-— River Sturgeon Jan 9% Feb Range 8inoe January 1 k 33 >—25 Common 5 High 59c 1 *' — Bteep Rock Iron Mines. Feb 39c Jan May —; Canada of Co Preferred Feb 8c May 8% 10c Shares ' Mar 11% • 87/s 1 . 500 18c 4.40 Low 7 Gold Olsen Starratt Bteel 3%c 6'/«c * Mines Jan 15c 16c 1 Obaska Lake Mines Ltd 64c 5.20 14,251 1 Standard Radio, class A— Feb 3%c —, * Ltd Gold ■ - 1' (1940) Oil 5c ■ for Week of Prices Feb 85 17c ,y 1 Wood O'Brien • . 4.90 ——!*••. Gold Nubar 5.05 * Mines Mines North 69 3'/ec *+———, Denison 21,920 —3c Extension North * 73 High 1 Mining Northern 70 'A Low May May — Normetal 73 High -———1 Norgold Norlartic Low Sales Range Far ■ ■ Week's .Last Sale Price STOCKS Shares 8.40 Jan 13% May 30 Mar , Mar ,. " 1 —1 Porcupine Peninsular. Porcupine Powell Gold Reef : . Powell Rouyn Gold Power Corp Premier 80% 1,560 92c 92c 500 24 24'/4 285 20 85 89 195 57 17'A 17'A 220 15% 92c " ,100 .: 85 1 ——,—1 —, 12,000 , 4,900': • i' ' 1 1.45 1.36 1.50 6'Ac 6'Ac 6'Ac • 8 51% 51% 20 1 1 1 * 20"A 23% 1—1 — Jan 8c 1.40 Apr 1.15 May • United Oils United Steel Feb 83 — - — — X i • v73c" ""9,000 915 10 71c 73c " . 9% 9% :• ^ II Upper Canada Mines Jan 1.50 > "*' 1.55 1.45 -45c Mar "91c Jan 8% 11'A May. Jan "1.38 May 16,763 2.35 Jan .' 2,000 40 90c 10,625 ——1 Purity Flour Mills common..:——10 Preston East Dome Jan 78 *»"• 24% Trust Metals 61'A 4'Ac 1.20 r' Pressed Jan 1.15 80 'A 1 — —, May 4%c 1.18 • River 4c. 1.10 4%c Jan 100 May Jan 1*32 Jan 1.80 Gold Villbona Violamac Jan Feb 6c Mines Feb 512 7c May 14c Jan 6%c, 19,000 6c May 13'Ac Jan. 1.00 15,900 60c Mar 1.22 25c Jan 6c » 70c" 95c : 15% Jan 3,195 " k Jan Jan 8% Mines Vicour 10 10%c 11'Ac 7c ' 7c, 11 %c — " 22% Mar 11'Ac Ltd Ventures Feb Jan • 28 . Vulcan Oils ——, 33c 36c, 2,500 10% 11%, 7,470 50%' 36c L "—J > • 55c Mar • Mica Purdy Mines : Preferred — 7 51% __ 310 ' 6%c May 6% Jan 48'A Jan Amulet Waite Walker 54 'A May Gold Quemont Mining Quesabe Mines Ltd Queenston - 20c22'Ac* 25,300 13,950 17'Ac May 2.33 3.75 3.75 3.80 41c 37c 21% 32c 43c 23% 37c 19c 20c 2,200 20c 24c 11,457 . 28c Jan 35c Jan Ltd 84c Apr Jl—i Jan •" ■ i 1 Redwater-Piccadilly Petro —i——_ 1 *2 2'Ac -1 " 30c Red Poplar Gold Mines Ltd — 5,405 12,200 23c 23,233. 29'Ac 32c 14,500 4.10 4.25 4c 4c 1,600 1,000 20c. 21% May V. 29% Jan, West Malartic 32 ' 56c Jan Westeel Western — Jan Western Canada May 50c Jan 39c rt ■ 14'Ac May 25 -L. . • Ilr Mineral_r— Brew A .1 11 185 ,18c* 15c Apr t ■ ■ I ... ., Feb 15c 15 210 13c Apr 16 7,550 . '181. ia Feb Mar 10c May 5c 13,500 16'AC '8% 10'A May 5c Feb > • 16% .5 5% Jan Feb 60 > V 5'/8c 5C , Products : 8,000 ' 14. Jan 50% May 100 6c 5c Jan May -.. 10% 5c 6c t -■■■16 Ashley 31c ! '■ J • 6%, 10'A \ -1 Wekusko, Consolidated 9.75 4.100 53 6'%- _L. common A Class 4.20 May 53 (a & W) (Hiram) Waterous Quebec Labrador Quebec Manitou 10%. 18 ' 34c Jan Jan 19 May , Jan Mar-- Apr ■K " Reef Petroleum Reeves MacDonald 1 Regcourt 1 Reno — —73c Gold Richfield Petroleum Robinson 4%c '> • • (Little) common Roche Long Rowan Consolidated — 1 Lac 5c 29c 35c f 11 11 > 25'/a 26 30 162,500 22e22'Ac — 10 3,000 52,700 ... 6'Ac 12'Ac 9c -1 — Royal Bank 4%c 33'Ac 1,000 600 26'A 3'Ac Jan 24c May 9% Jan Western Homestead Jan Weston (George) 6'Ac •' Mar 5.00 4.10 May 4c Mar Jan 8c Mar Winchester Larder May Windward Gold Winnipeg Electric 6c May 12'Ac May 27c Mar May 31 Oil • Russell Ryan Industries Lake . common Mines Bt 1 Feb Preferred Corp Bt preferred Lawrence 2nd Ban Sarnia 967 15 2c Jan 7'Ac 21% Feb 27 16c Feb Yale Yellorex Lead Mar Jan Yellowknife Bear Mines 98 98 200 98 103'A Apr York 41 48 15,165 82- 94 245 57% 20 20 770 20 46'A ; 20 May 28% Jan Jan 48% May 95 May 20'/8 105% Knitting Class May Feb 1,569 101'A Apr 237 59% Jan 2,755 2.25 May 5c 5c 2,000 4'Ac Jan 9'A 25 14'A 9'A 14'A 88c 17'A 99c 17'A 48,200 1.29 1.51 20,800 2.05 2.05 2.10 13,900 2.25 May Andian National 19'Ac 18'Ac 20c 17c 18 %c 6,300 10c Jan 25c Apr Anglo Newfoundland 3,900 17c Apr 27c Jan Asbestos —.—14% 93c > Security Freehold Petroleums A * — • — Oil Co Ltd — 1.51 . • Warrants . Senator Rouyn 1 •:/ 65 25 9'A 13 ' 70c Jan Jan May 60 Shawinigan Water & Power common—* Class A preferred *.—50 (1945) Mines-, ,—„1 ;tV Sheep Creek Gold 50c 31% 34 44 . „ 34'A 44 44 75 24c 1.52 13,558 21c 21c. 1.50 1.490 ■ 300 Feb j 1 a 3.15 Rights 14c Jan 1.01 May 16% Jan 18% 85c Jan 1.71 31'A 43 18c Mines 1.25 .... Jan 39 May Brit 48 Mar Brown Jan Dairies Silverwood Western 2.60 May Dairies pfd 37c 1.75 Anr $5 Feb $3 Columbia 4.60 Co Pulp common cumulative Canadian 21 Feb Canadian General 6.00 430 5.65 May Jan Canadian Industries 31c 34c 152,400 Jan Canadian Marcctai 26 26 70 1.67* 1.52 42,902 2.38 2.40 500 10 10'A 366 96'A 96'A 10 34 36% 395 85c Jan 20c 7.50 42c Jun Canada 28% May Canadian Jan Coast Jan 94 Apr 97 Jun 40 Feb Jan 95 94% 95% 500 94'A May Stscoe Gold 1 93c 86c 95c 17,465 57c Feb Bladen Malartic 1, 6,775 55c Jan South • -18% • Brazeau 34% 8c , 34'A 120 18% 18'A 35 Mines * — Standard Chemical common —• — 39% 101 Feb. 4 13% —— mmm—rnmtm For footnotes see page i ■ 43. **' • 13% — 34'A May 17% Jan 41 20'A Feb 7'Ac 13c Jan 15,500 40c 6,666 35c 13% 14 2,630 11% Jan 95 Jan 430 Low High " 13 13% 7 Jan 16 11 12% 7,765. 9'/a Jan .14 Feb 54 85 39'A Jan 55 May Apr 136 Jan 440 .. May t 15%: 103% 7 107 107 13% 15 19,345 : _ .9% Jan 115 212 97 Mar 47 Mar 109% 49% 50 335 7.40 7.40 100 6.00 Jan 16% May 122 May 52'A May 9.05 Mar 20%' :'"r 23% 640 35 35 35 25 common _ 20 4.35 * 1,230 412 3.45^ 3.45 —,— 8% 2.00 36 61% 9 8 38 Lumber- 59% 20 785 4.25 23'A : 8,155 . May 4.20 May 24% Feb 4.80 May Feb 207/a Jan 24% 33 Jan 37% May 3.45 Mav 6% "71 4.40 Jan Jan 10 Apr Mar 82 Jan 75' 110 2.00; 39'A 100 1.20 Jan 3.90 Mar £607 32% Jan 40% May 43c 7,200 30'Ac Jan 75; — • Steel e. - - 42c 32% —— 48c May Jan 170 55 Jan 67 100 32 May 41 Feb 55 870 52 Mar 60% Jan 26% 775 21% 61%;' 32%: . common. Utilities .7% 54 s '54% 25% 5 Jan 28% May 3.65 3.65* 225 3.40 Mar 3.75 Mar 31% 31% 31%. 120 26'A Jan 32% May 31% 29'A 31% 3,050 6.90 7.50 3,180 29'A 33%, 1,375 10%c 12'Ac 47,500 Jan 8'Ac 20 Feb Range Since January 1 Shares High 4.35 International Paper Jan 8c 104%104% 13% 14 Apr 1.49 Low 23% Bridge Hayes 1.28 Mar 75c 36c , 4.00 Feb Apr Interprovincial Utilities Loblaw, Inc Minnesota May & 12% Jan Ontario Paper- Oreille Price 1 Bros 25% Jan 34 Feb 6.85 May 9.20 Feb Jan 36% Apt May 46'Ac Jan 14% Apr 5%, pfd (called for redemption on May 31 at $105) Standard Paving common Jan May ' . 20% Oil Dominion Fend Btadacona Feb Mar for Week 50 Copper International — 92c 6 Jan Apr 34 100 —20 Range of Prices 115 Consolidated Paper Dalhousie 70c1 • 2.00 Apr 29% v Jan 1.10 Section Sugar—:— Westinghouse 1.85 720 65c 17c Jan Sales Week's Investments. Western 3.00 33 —. Apr 2.50 25 107 1: Canadian 10% 9% 31% (N) Co common— Boutham Co .100 preferred— Dominion & Apr 2.25 May 32'A . Mar 5'A 62,233 ' • Slater pfd_ Collieries Jan Jan 84c Jan 18% 34 Preferred Paper & 2nd 50 ' 3 1.05 12 : 1st preferred 19% 10 3 92C /'* Gold 19% • Class B 3 7.40 convertible 21'A Mar Mar Jan f -• — Jan 25c 2.06 72c 40 : 1.00 L. —5 \ ' May 100 Simpson's Ltd class A 5% Last — * 13c 23 Jan Apr 54 18% * * 5% Corp 50 1.63 50c class. A 5% „ 128,556 — Feb Jan 8c 7'Ac 8,500 • 20c 3lc 100% Jun 50c 29,000 Par 19% 1 1 Standard Mines Silverwood 10c 87c Sale Price May Jan Feb 46 Jan May ,4%c 1.40 20,650 77c stocks Feb Jan 68c 99 2,700 .. 85c Feb 1.35 64c :> Friday 6.00 5 - 3,500 1.48 35% . Canadian Funds 15c 1 common 7c , 1.42 Toronto Stock Exchange-Curb 19% 1 Mining Silver Miller Silver I 4%c . 65c 10% May 15'A Feb — Sigma Mines (Quebec) Silknit Ltd 116,987 " 3.15 50 Jan . 19% Voting trust certificates Silanco 2.80 ; 19'Ac • common 505 99 1.30 Jan Bulolo Sherritt Gordon 40 99 Jan May May 3.15 « Bhawkey Jan: 1.44 1 60 ; 4%C * 2.45 —. Jan 14c 99 __ B 60 105 20c 8'Ac 60c 39'A : ; » A Yukeno Mines 2.30 103 9'Ac May 5,000 5,000 . . 60 —1 Scurry Oils Ltd— Scythes & Co common , class 2.40 105 Apr Feb 71c -- — 1 * Breweries Mines i-1 Gold 12,000 Mar 11c 9c lie 9c 34c 1 11c 26% 103 65c 9%c :• 10c " —1 _ 10c 1 May 1 Zinc May Paper 1st preferred—99 Scarfe class A Bicks & 6'Ac May 49 96 Jan May 500 ——:—.— 105 • 87,600 common— — 97 1 Gold Wright-Hargreaves 22c Bridge Selburn 2,500 Jan 6'Ac Mines Sannorm 3c 26 96 100 16c preferred Antonio 2%c 12% • common- — —100 Power preferred Lawrence 3,266 25'A 19'Ac 137/8 96'A 1 6'Ac 1st preferred 2nd 26 12% May v ^ 1 Mines 1 - Ryanor Mining Saguenay __ * Rupununi Gold Mines 13% 1 - 23 27c May -1,209 15c, Jan 22c 15c 24% 1 Wiltsey-Coghlan 40c 25 17,100 23 :: 18c , 100 12 Winora Royalite * Preferred Jan 19c 24% 10c' - common- 104% May 15 Feb . 33% Temiskaming Mining Third Canadian General Zeller's Ltd ; .1 Inv— 11'Ac * 28 6%c May 4.70 4.80 800 4.70 May 13% 13'A 200 13'A May 12c 5 % Mar 14 Mar Volume 173 Number 5017 .. Commercial . and Financial Chronicle The (2327) OVER-THE-COUNTER SECURITIES Quotations for Friday June 1 Investing Companies Mutual Funds- Par Bid Affiliated Fund Inc .1% 4.80 Amerex „io Holding Corp American Business Shares 1 American Mutual Fund Inc_. ._i A*k 5.19 Mutual Funds— 47 Group shares Bank Group shares Insurance Group shares 4.34 11.38 12.37 .__i 10.07 10.89 5 17.70 19.24 Beneficial 6% 6% Investment Blair Holdings Corp____«__. Bond Inv Boston Tr 1 2% 22.00 III 22.76 24.61 —10c 9.30 9.31 Inc Fund Broad Street Invest Corp Bullock Fund Ltd 5 .1 Securities Commonwealth Investment _1 Fund Inc Boston—1 10.18 11.13 17.73 18.13 b-4 (Speculative K-l Bonds) (Income pfd Stocks) K-2 23.58 (Appreciation pfd Stks) 1 s-i (Quality common 8-2 (Income com 1 26.37 24.68 11.36 29.35" 33.08 36.08 17.28 18.85 Stks) 1 16.88 18.42 6.23 26% 28% 16.62 •. Bank -1 ■' 8.65 . JL-i 10.42 _1 supply,. 14.41 • 12.31 \ Corporate.bond series— :, Diversified : 9.48 10.58 10.61 5.64 1 14.36 Electrical • Merchandising. 53.33 lo 3.95 i ■> l 25.41; _1 lc 8.39 l Nation-Wlde 1 11.09 ,12.15 l 10.21 11.19 _25c 1.80 Steel Tobacco . interest—1 Securities— Bond Low Howard— Balanced Income Fund- .1 Series Inc Pidelity Fund Inc First 5 16.87 18.24 Industrial Fund Inc.l Financial 2.43 2.66 Boston Corp 10 First Mutual Trust Fund Founders Mutual Fund 30, l 31% 5.56 6.16 7.34 *. Custodian Funds Inc— Preferred stock series lc Common stock Fundamental Gas 1 18.40 19.89 _1 Fund 66.69 Capital Corp 5.62 General Investors Trust Group 6.08 . ; $1.50 com & Fund Fund 15.67 •17.32 (Geo) Com Stk 1 & Union 7.89 United 9.86 United Preferred Stock Fund Income Fund Shares Science Fund Railroad 'Steel Tobacco Utility Howe — shares lc shares Plan Fund series 25c B — 14.25 95c bl.55 1.45% 7.14 Kugel, Stone & Co. Incorporated 20 Broad Street ' 21.92 11.79 12.82 1 5.73 6.26 5.94 6.49 1 12.48 12.73 . 4.40 5.86 6.43 5.25 -10c 2.00 2.17 1 30.83 19.52 21.29 1 19.10 20.54 l Fund Inc Wisconsin Investment Co 4.04 4.38 2.50 33.33 10.20 2.65 l 2.34 4.80 of Bank Manhattan Fifth York Co__10 1 Series 1956 2.56 Avenue 100 Aetna Life American 51% 53% >70 10 Alliance ■ 67 68 72 Par Jersey Insurance of Lincoln 37% 43 Bk Maryland Casualty 29% 31% $2.10 __4 - Assur 42% 45 % $1.05 5 Fidelity & Casualty.5 25% 27% 22y4v 20% 10 8% 30 56 National 10 67 70 7 National Union 21% .10 60 20% Connecticut General Life. Continental Casualty Crum & Forster Inc National Casualty 108% _10 10 22i/4 65 10 68 36 % % 35 58% 33% York Fire 37% Federal rmmtvXTIJn?tger?ank & Trust"20 5% County Trust Co. (White Plains, N Y> First National Fire Assn Fireman's of Frisco Firemen's of Newark General Reinsurance Corp. Glens Falls Globe Franklin Bank^___ Bank 10 5 Brook 20 National 72 74 320 340 38 40 49 53 255 262 44 A Trust Sterling Title National 74c 43% 25 Guarantee & Trust United States Trust 100 52 54 20 57 59 Exchange Nat'l National Bank__20 35 37 ' 20 43 17 Bank 50% Manufacturers Bank & Trust_20 :46 53% 24 178 185 14% Mississippi Valley Trust- 247 25 57% 60% Mutual 8% 237 12% Bank Mercantile-Commerce B & T-100 Mercantile-Commerce Nat'l__100 105 7% Nat,2 First National Bank 45% 101 12 20 L,oujs Amej 100 A Public Nat'l Bank & Trust—17% on gfcates Boatmen's 46 A 69c York UnUed gt 20 20 Nat'l Bank & Trust„100 plrfit Natlonal Bank 54% 100 25 Portland Bank Bank 10 & Trust 20% 25 59% 63% 20 55% 59 gj. Bank & Trust lou2s union Trust Tower Grove Bank & Trust—20 Chicago //' City Nat'l Bank & Trust 100 205 215 United Continental Illinois Bank 3.33% 7J/4 8V4 88% 91% Recent 21 49% San National Bank & Trust—33% Bonds— Borden Bid & Trust 100 60 135 Co Francisco Rank of Amer N T & 8 A__6.25 28% 26% ' Security Issues Ask 1981 Bid Ask Public Serv El & Gas 2%s„1980 95% 96% Southern Calif Edison 2%s_1976 98% 98% Tenn 2%s 96% 96% Bonds—(Cont.) k__ Fire 25 152 2%s_198J 93% 94% 10 57 59% Commonwealth Edison 27/«s_2001 93% 94 14% 16% Cons 10 78 82 10 26% 28% 2 7% 8% 65 55% 49 5 Phoenix 69 Providence-Washington 58% , Reinsurance Corp 52 Republic (N Y). (Texas) 10 36 Carolina 38 3%s Cons 21% St —12% 29 31 301/4 Seaboard Surety 10 68 72 _5 55 58 Security 10 32% 34% New 13% 14% Springfield Fire & Marine 10 45% 47% Standard Potomac 201/4 34 (New Duke Power Michigan 35% Accident 10 32 % Hanover Fire 10 32>/4 34'4 10 128% 132% Hartford Steambofier 10 100 535 555 •hare Odd Fidelity & Guaranty Co__2 45% 47% U S Fire price, 35% 37% U 8 sales Guarantee 10 93% 97 % 3 privileges, 21 % 22% new $3 35 35% 37% Westchester Fire par Alabama Pow Co 4.60% pfd_100 102 104 102% Florida Pow Corp 4.60% pfd_100 100 103 104% Tenn common 102% 1981 104% 1975 98% 99 2%s—1981 97% 98 2%s—1985 95% 96% Gas 3s lot sale (not included Gas 4.64% Texas Transmission— preferred Eastern 4%% Ask Bid Stocks— 100 97% 96 Transmission— preferred 100 104% 105% In year's range). bBid yield price, cEx-dividend $2 and 1/26 of stock, d Deferred delivery sales (not Included in year's range). e Ex-interest, x *iwr k Admitted to listing on N. Y. Stock Exchange, n Admitted to trading N. Y. Curb, rcasn U S 33 103% 101% 1981 34 J/4 a Hartford Fire 102% Power Elec 3y8s—1971 102% Power England Transmis 1978 3%s 3%s Cons Gas 1981 - Gas _ Haven) Travelers Y— Consumers Power 3%s 19% & Marine Lgt N - 281/4 Fire & of Natural 5 Paul Pow Edison 10 18 J/4 42 Detroit /T.,K; 1,580 52% Rights New Mellon 29% 19% 100 1,540 of Freeport N Y Morgan (J P) & Co Inc National City 27% Indemnity Co Casualty Co 10 5 39% of Peoples First National Bank 299 290 10 - 68 Peerless Great Home 32% Pittsburgh 1 315 65 Pacific 10 5 31 Security-First N.tlonal 33y2 35% Republic 5 Globe & Rutgers Fire common_5 American 37 380 Los Angeles n2\,/2 ^ . 100 Square, N Y National 27% 47% 38% 82 A 35% National Bank i2 41% 10 Phila Fund of 360 gqi/. 64y"J,, 10 . 5% C1 v. 16 38% 10 Fidelity & Deposit of Md 30 28% llo ?« —in of Commerce. 10 rnnliniL Union Bank nt 33 10 „n £ n«troit Pacific Employees Group Assoc Employers Reinsurance . . 10 39% 19% 26 12.50 2.50 Northeastern 650 35%: 5 River 305 37 10 Hampshire Fire Northern 114 32% 56% 35 2 casualty New North 9% 5 10 Fire New 113%' -62 110 (Detroit)—10 Fire Netf\*msterdam —5 'J;'*™"" : Mgd with Bankers Trust Co— Continental Bank & Trust 246 , . 92 y4 33%'" 53(4 — 26% 31% 28 Fire 52" * 5 10 Camden 22 25 4 25 _25 20% 49 1 Merchant Fire Assurance Merchants & Mfra Surety Bankers & Shippers. Boston common 29 Re-Insurance 197/8 87 27 American Automobile 56% 83 5 American 2% 52% _10 71 Massachusetts Bonding of , 20 Y Prior preferred 10 Convertible preferred—5 American Newark N 69 630 45% Trust— & 100 Industrial Bank of Commerce-10 Aek 100 45 Natl , Ask 240 290 39% Chemical Bank & Trust Guaranty Trust 10 Life National Bid 346 43% Meadow Insur Co of North America 10 American Automobile American Equitable American 88% —25 Agricultural 331 89 y4 Commercial Rid 100 100 Trust & Savings Northern Trust Co 10 ,, Manufacturers Trust Co Ask 85% 10 Aetna Insurance Bid 10 Chicago—(Cont)— First National Bank Harris Kings County Trust Par 30% & Bankers Trust Irving Trust Casualty & Surety 287/a Companies Ask Par the of New Franklin Insurance Companies Aetna Bid Par York Fiduciary Trust 8.93 1 North Amer Trust Shares— Series 1955 Teletype: N. Y. 1-1822 Bank & Trust New Unit Type Trusts— Diversified Trustee Shares— Series E New York 5, N. Y. Telephone: WHitehall 3-2050 7.91 4.00 City Bank Stocks Central Hanover Bank & Trust 20 Chase National Bank 15 1 5.36 4.86 —5 13.18 18.88 1 Independence Trust Shares Investors 13.74 1 Value Line Fund Inc 7.21 1 income Foundation Fund- Incorporated 10.57 85c 1 Wall 6.51 : 9.70 12.61 1 Shares Fund Whitehall lc Inc Inc Industry 4.88 lc lc 1951 Bank Street Investing Corp Wellington Fund 2.67 lc.r 1 1 Inc 2.94 lc stock shares- shares 30, 64.46 11.46 Equipment shares—. 1.45% August 27.20 63.82 9.00 RR bl.55 1.35% 1.35% 8.43 -7.20 7.25 1951 bl.50 bl.50 Farnham 10.46 12.61. 23, 1951 1951 62.50 Inc Fund 25.16 7.70 lc 6.61 August 12, 19, 4.42? 1 60.00 Technical Fund Inc Television -Electronics Fund 13.33 1 lc 11.51 1.45% 14.25 Corp.* lc lcC bl.55 25 25 Investment Bond ___lc: 1.40% 1951. 56.38 4 Union . ; 20 56.38f Trusteed jl. bl.55 16, 26(4 26.84 9.78 shares 1951J August New York 26.84 9.47' shares 1.20% 1.25% 1.35% bl.50 3.37 9.39 Bond 1.40% 1.35% 5 3.08 8.64 Petroleum bl.55 bl.50 1951 4.86 1 Texas Railroad bl.50 bl.50 1951- 17.73 9.12 ■; Ask — 1951—— 5, 19.30 (net asset val) & Clark Fund Scudder, Stevens Fund 4.44 17.95 24% Republic Investors Fund Scudder, Stevens & Clark 8.32 Priced shares 1951 28, 1951 19.47 8.61 Low July; 26, Primary Markets in 18.11 5.62 Merchandising shares Mining shares 1.00% 1.10% August 2, August 9, 9.80, 1 7.85 Investing Company shares '% Bid bl.40 bl.50 6.27 ' 4'/2 Fund ,5.12 i- Treasury Bills Ask ; 8.16 ' 16.31 lc Ic^ Ask June 13.83 Fully administered ahares—lc shares—lc-' 1951 June £1, 1 13.27, bond 7, June 14, 1951— 5 12.12 Machinery shares 2.20% Bid June 2.50 Roe Institutional b2.35 United Stales 7.47 Inc Inc Stein Industrial 3-52 > 16.59 July Trading Street 9.57- lc 3- 6- 5 Street shares 1-51 2.25% 7.57 Shareholders Trust of Boston Sovereign Investors bond 2.15% Bid 8.61 7.74 preferred State General 2.05% b2.30 5.49 10c 8.31. shares 2.05% b2.25 1-52 Due 5.93 9.34 Food b2.20 2-52 2- 1.85% 5.82 6.93 l 9.80 3-51 1- 1-51 5.15 8.14 8.73 12- 1-51 5- 5.43 8.52 8.94 1-51 2-51 2.15% 4.71 7.58 Building shares lc Chemical shares lc Electrical Equipment shares.lc 34- 1.875% 2.00% 7.08 2% 8.92( 1.95% 1.90% 8.97 lc ; — 1.95% b2.15 1.85% July July Series _lc shares b2.15 1-51 1.90% 1 Group Automobile shares Aviation 1-51 11- b2.10 2-50 .w,% 35.38 s; 38:25 i 16.77 18.13 l Common^ (The) Stock Fund-lc v 10- 1-51 b2.10 12.98 Fund, Inc (net asset valuedSelected Amer Shares Securities— 2-51 b2.10 16.12 Series Pacific Amer Investors 71.71 I Inc Dated 2- 4-51 1 Putnam 20.35 99.2 5.36 6.77 x18.57 98.17 98.31 4.22 Pioneer 2 98.18 98.14 1- 1-51 5.74 7.47. 6.18 100.3 98.15 1. 4-51 4.90 Pine x6.82 lc Investors Inc Industries General series 100.3 100.2 l.f 9- 15.26 100.2 Rate 8- : 100.3 b2.10 0- 12.01 Series Petroleum Franklin .Ask 1-51 15.01!- Low Priced Com Stock Serles.l Natural Resources Fund Inc..lc New England Fund 7.98 Bid 1-51 • Ask 100.2 b2.00 7 1.80% 1-50 Industrial Stock Series 5.19 Due 6- 'f 3.86 Stock 5.01 1951 "B" 7- 2-51 5- l Speculative 22.84 1 V .20c 96.28 8- 12- 1 32.03 21.36 Fund 100 96.12 l%s March 15, 1955 l%s Dec. 15, 1955 2.05% 1 Series are 1 75% 1 Bond Series Stock 29.96 8tock Fund 98.28 99.20 1%S July 1, 1951 "C" l%s July 1, 1951 "D" l%s March 15, 1954 2.00% Selected • Equity Dated 1 series Priced Preferred Rate 5.78 1 Investors Corp National Security Series— below .8721 4.64 ■ 1 National 1.97, • ;/-v Balanced Fund 8.68 9.16 . beneficial Investors 2nd Fund Inc.l of Boston Inc 1 Mutual Invest Fund Inc 1 9.19 7.92 8.36 _1 Trust—. shown .9018 .8862 99.8310 4.32 5.25 Mutual Fund 15.10 99.2 98.16 Federal Intermediate Credit Bank Debentures 4.59. 5.28 shares 99.8694 99.8497 1951 1951 1, 3.92 4.21 of Values 15. 10- lc Mass Oct. 11- 1-50 lc Ctfs . •« .27.85 13.78 l Railroad Shares 4.36 » 13.79 117% 98.26 Bid 1 %s July 1, 1.65% ' 14.43 116 1952-1950 1953-1951 Maturity- 1.70% 7.86 13.15 Ask 99 Treasury Notes—(Cont.) 3.84 Petroleum Investors .9768 4,74 Non-Ferrous/ Metals shares Ask 99.9640 3.48 4.98 . Jan. 4.30 i Paper shares Steel I y*s l%s Nov. 5- lc 12.58 Bid 98.16 1, 2y48 Feb. 1, 1955-1953 l%s Oct. 1, 1957-1955 100.1 Bid Notes— l%s Aug. 1, 1951 iy4S Oct. 1, 1951 7.73 * ... 4.16' Manhattan Bond Fund Inc—.10o 13.17 May 1, l%s Treasury ;/■« , shares Mass 12.00 point Dollar Price 53.33 14.54 1; Railroad Equipment & 10 14.66 —1 — Pacific Coast Invest Fund Public Utility Eaton Value) 13.38 i Dividend Sayles Second Fund— Asset 13.27- —. . iy4S 36.86 v;\36.86 1 Metals Oils • 12.65 ■ a Issues Federal Land Bank Bonds— 99.30 in 32nds _i stock 100 100 99.31 Maturity- 10.85 11.54 equipment Insurance 1952— 32nds of U. S. Certificates of Indebtedness 6.83 ,. 9.93 Industries shares—lev Home Furnishings shares lt> ... 5.12 13.10 Value) 7.08 General 11.26 _1 Machinery Asset Automobile 19,65 -1 ; 1 Business Equipment sHares.lc Electrical Equipment shsres.lo 11.59 Diversfiied Investment Fund.l Diversified preferred stock—1 Stocks) Managed Funds— ' 13.49 17.93 _1 Chemical Industry (Net Loomls 11.42 , ■ Stks)_l (Low (Net ,13.15- stock. Building L, - — Automobile Aviation, - t S-4 , 18.27 1 Grade Priced S-3 (Appreciationcom 16.91 99.30 99.27 19.09, 26.91 15, 12.40 17.50 Feb more Central Bank for Cooperatives— l%s Feb 1, 1953 Panama Canal 3s 1961 99.31 99.29 1951 20.66 1 1 15, 26.92 18.93 14,-1951 15, 1951 Nov. or Other 100.1 99.28 — one Ask 99.31 .. 27.57 Bonds) 1 - 7.24 Sept. 2y4s Bonds)—1 n 15.56 Bonds) 2s Priced com Stks)^l Knickerbocker Fund _l Lexington Trust Fund ,25c Loomls Sayles Mutual Fund— 600 Delaware Fund ■u Diversified Funds In<*— I (Low 6.66 • - , 1 Agriculture- of (Investment Consolidated Investment Trust-1 * 1%s (Medium Composite Bond, ft- Pfd 8tk„ iv 2s Oct 12.74 41.14 -100 6,450 100 140 com Preferred . 1.21 17.41 11.72 25.38 21.81 Fund Christiana , 1.10 15.89 b-3 38.06 1951 1 B-l 23.16 1 Chemical Trust 15, Bid 1951 Aug l.70s 15, lc 22.17 20.51 1 Century Shares Trust < 87c June lc B-2 Net asset value , 78c 1.80s 13.64 Investors Management Fund Keystone Custodian Funds— Bowling Green Fund Inc— - 12.44 lc Stock and Bond Group Co of America 2% 20.46 of America Obligations of Government Agencies Figures after decimal point represent Ask lc Investment —1 Corp Bid Federal Home Loan Banks— Aviation 4.01 Axe-Hough ton Fund Inc Axe-Houghton Fund B t Par Institutional Shares Ltd— . (not Included in year's •No wd When par value, range). t Ex-liquidating dividend. (Un) Admitted to Unlisted Traoin# wi When issued, x Ex-dividend, y Ex-rights, z Ex-stock diviaeaa. delivery, tin default. tThese bonds are subject to all Federal taxes. „ , .. 4$ 14 The Commercial and Financial Chronicle (2328) . . Monday, June 4, 1951 . Week Ended May 26 Bank clearings will show week this Preliminary figures compiled by us based upon telegraphic ■will above 8.7% be those of the corresponding week last year. against $12,487,861,746 for the same week in 1950. total stands at $13,576,349,959 Friday of 7.0%. this center there is a gain for the week ended. for the week follows: summary BY ; 1951 1,054,319 3,097,788 + 18.9 4,281,166 3,992,394 + 13.6 837,000.000 901,000,000 1,461,809 1,089,000.000 3,197.468 959,COO,000 2,766.449 + 15.6 2,605,700 2,496,932 6,430.153 2,488,835 5,318,062 + 20.9 5.471.194 4,635.269 8.3 2.448,472 2,575,675 __ ___________ 2.713,945 — 4,285.971 5,149.476 4,871.640 + 5.7 3,766,223 10,198.477 9,558,628 + 6.7 7,599,736 7,095.133 7,295,404 6,240,037 + 16.9 5,514,760 9,088.841 1,131,697,841 997,279,726 + 13.5 871,934,098 938,824,923 ; York™ (11 cities) % 1950 $6,698,549,373 $6,262,454,935 + 747,012,632 698,394,560 + 7.0 876,000,000 818,000,000 + Fourth Federal Reserve District—Cleveland— i 7.0 Philadelphia 7.1 306,446,908 + 258,838,168 202,332,624 + 27.6 + 260,800,000 257,400,000 Ban Francisco 337,654.000 263,535,000 + 302,508,956 281,175,345 + 292,876,393 + 153,230,975 168.928.672. 422,082,746 + 29.3 236,6 42.557 312.946,339 37,341,500 47 873,700 —22.0 31,864,400 35,691.000 6.206.353 9,481,549 355,814,046 Youngstown 5,990.215 4 548,686 17.3 4,025,077 —10.2 6,837,585 5,558,704 9.5 293.237.185 287,629,435 5,291,956 8,314,071 325,044,261 Mansfield 7.6 355.425,059 + 13.9 Columbus 1.3 Bt. Louis + 26.1 181,344.317 326.390,727 8,056.100 Cincinnati Cleveland 456.288.271 Kansas City 6.703,634 6,388,277 206,613,017 Ohio—Canton 17.0 Boston + 21.4 ' - 705,831 New Jersey—Trenton Chicago 1 8.7 — TELEGRAPH Week Ended June 2— New York 1,1 47,063 + t Total CLEARINGS—RETURNS 1,393.893 + 44.2 1,116,157 Delaware—Wilmington f V"; •" . 8.9 1,276,296 Wilkes-Barre Our comparative 1,138,529 1.320,724 1,212,875 —3,682,341 Philadelphia Scranton At f 1.203,033 — Lancaster™.. Reading 1948 $ 5i 1.839,724 Bethlehem—___—__™. Chester... Our preliminary 1949 Inc. or Dec. District—Philadelphia— Reserve Pennsylvania—Altoona advices from the chief it is possible to obtain weekly clearings for all cities of the United States for which Federal Third the week ended Saturday, June 2, clearings cities of the country, indicate that for $ $ increase compared with a year ago. an 1950 1951 THE COURSE OF BANK CLEARINGS Pittsburgh 214,199,285 232,329,983 Ten cities five days $10,507,275,744 $9,695,495,748 Other cities, five days 2,387.730,572 2,132,477,012 1 Baltimore # r ■ ' , ' , ______ I ill 111 III . I , I, Pennsylvania—Pittsburgh 28.1 Total 8.4 West + 12.0 Virginia—Huntington 822,006,470 + 21.4 9,867,000 10.446,000 123,159 687 + 26.6 115,744,941 117693.313 155,882.566 + 9.0 South Carolina—Charleston + 3.3 Maryland—Baltimore + ~ District of /; 8.7 Total by the foregoing will appear furnish them today, inasmuch as the week 2,626,119 2,064.221 11,588,000 r 261.556,141; Richmond $13,576,349,959 $12,437,861,746 Total all cities for week 781,877,994 + 14.2 2,328.625 2,653,463 14,063,000 Virginia—Norfolk 659,838,986 681,343.643 + 15.8 Fifth Federal Reserve District—Richmond- + $12,895,006,316 $11,827,972,760 Total all cities, five days All cities, one day 901,814,787 1,044,627,833 cities)™ (7 + 7.8 — i. i I n.l ■ .11. II. |l I I. ,f 3.123,726 2.843,703 + 23.6 229.432,231 240,378,435 + 18.0 69,148.774 59,498,810 +39.7 429,360,393 423,486,385 211,541,694 77,387,648 326,642,104 (6 cities) —G3.3 3,199,930 1,174.096 91.307,836 429,205,584 Columbia—Washington™. Complete and exact details for the week covered In We cannot next week. issue of our ends Saturday and the Saturday figures are not available at time of going to press. Accordingly in the above, the last.day of the week In we the in all cases has to be estimated. present further below week complete results of the previous there 26." For that week May + 18.6 63.109,354 68,923,739 230,000.000 5,495,496 + 44.6 203,900,000 212,900,000 4,015,112 + 3,598,536 + 116,570,106 91,864.623 Alabama—Birmingham 113,567,276 92,336.077 7,419,061 5 £82,252 372,344 389.466 ; Mobile Mississippi—Vicksburg $16,043,088,901 against $14,286,<>78,132 in the same week in 1950. Outside of this city there was a gain of 18.4%, the $>ank 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 record an ^increase of 6.6%, in the Boston Reserve District of 22.4% and in the Philadelphia -Reserve District of 13.5%. In the Cleveland Reserve District the totals register an Louisiana—New Orleans Total Federal Seventh Reserve Indiana—Fort Reserve District of 26.4%. District the we furnish $ Federal Reserve Districts 1st 12 Boston tod New York.— 3rd Philadelphia 11 " " ~ .17 56,494,655 4,509,524 3,561,366 + 26.6 3,624,905 3,411,936 28.759,873 27,069,294 + 6.2 24,319.537 28,118,935 15,682,379 1,233,588 872,689,254 13,222,291 + 13.6 12,152,325 1,130,336 •'+: 9.1 1.275.095 1,268,614 749,431,343 + 16.4 682,417.549 778.502,819 3,713,603 4.806,290 —22.7 3,084,909 2,839,956 12,555,197 Rapids 11.123,735 10,629,142 + 18.1 10,034,311 6.096,939 5.996,996 + 1.7 3,373.538 3,972,299 3,046,909 + 30.4 3,084.600 3,267,810 1,125,237,836 Peoria 961.682,661 + 17.0 879,666,030 978,539,636 . ;I - (17 Cities) 4,529.642 ' 262,400,000 + 19.1 243,900 000 204.877.517 123,438,620 + 0.1 108,043.377 116,718,167 97,105,655 84,234.216 + 15.3 74,519,738 71.699,691 2,207,633 2,017,114 + 9.4 2,258,443 1.900,684 541,388,496 478.089,950 +13.2 428,721,558 455,i96,O50 871, 934,098 938,824,922 + 15.8 781, 877,994 822.006,470 429 ,380,893 428,486,385 429,205,534 + 39.7 + 26.4 961,682,661 Tennessee—Memphis.. Illinois—Quincy + 17.0 1,125,287,896 567, 216,908 Total (4 cities) 573,740,253 879 ,666,030 . 978,539,636 Ninth Federal Reserve District—Minneapolis— 541,388,493 478,089,950 + 13.2 428 ,721,558 455,196,059 413,443,129 344,446,769 + 17.1 335 ,551,310 340,727,841 44 522,365,449 432,888,685 + 20.7 416 ,875,190 461,757.962 6 " .+ 9.1 ^62 ,091,119 272,343,110 .10 ™_.+.__™ 44 *+26.0 670 ,784.420 729,521,728 . 12th San Francisco 7 n. • 347,872,719 . 730,093,680 New now York ! City add our 14,286,678,132r + 12.3 12,781,413,554 North + 18.4 6,353,863,210 6(775,943,075 / four years: ■' > 5,849,872 5,905,835 22.2 223.600,412 234.726,389 + 16.0 36.566.545 81,409,456 6,242,556 5,816,428 3,497.075 2,790,845 + 25.3 3,006.183 5.5 2,982.327 13.5 7.715,159 7,040,917 335.551,310 349,727,841 Dakota—Fargo ; / ' . PP. :. ,r '' m 1950 : Inc. or •■'■;' 1951 Dec. % 3,407,063 3,228.851 9,485,425 + 413,443,129 344,446,769 +17.1 786.246 5,369,156 5.820,812 7.3 —11.9 2,794,505 ■; 2.931,582 ¥ , ♦"* » * '* ' Tenth Federal Reserve District—Kansas City- 692,885 , —r * V , 1948 4C4.532 + 17.4 5 912,037 + 22:tr v* + 35.2 + 17.0 142,436,610 ' 105,£42,824 496,035 389,979 *475,000 7,220,841 Hastings '•*' 1949 . 10,761,658 Nebraska—Fremont :';p + + . Total (7 cities) .; Week Ended May 26 . ' 13,925,209,336 7,000,921,634 8,285,602,199 ' 16.3 + South Dakota—Aberdeen detailed statement showing the figures for each city for the -week ended May 26 for + 82,575,621 Paul St. Montana—Billings 16,043,088,901 .112 cities — — 5,920,613 234,628.986 95,824,870 Minneapolis ' 318,949,595 919,784,294 6,884,941 266,824,961 Minnesota—Duiuth Helena— •, 12,272,697 129,575,203 .10 9th Minneapolis i - 312,500,000 44 . 10th Kansas City We i 2,295,926 54,092.424 Eighth Federal Reserve District—St. Louis— 44 4 Louis Outside 6,115,162 Decatur ' Total 48,432,000 6,296.686 " 7th Chicago Ilth Dallas 5,920.954 53,538,000 22.0 Missouri—St. Louis™ + 13.5 r Oth St. 4.356,542 5.6 + 5,369,680 Chicago 7,391,421,465 613,938,337 \ 776,179,117 27.6 + 3,008,690 Kentucky—Louisville 901,814,787 526,642,104 44 + 51,471,000 527,643.500 6,642, 369,456 997,279,726 6 <Jth Atlanta 5,032,494 15.2 Illinois—Bloomington 5 $ 6.6 + 7,548v540,879 10 dth Richmond 9,766.141 5,065,003 1948 494, 943,578 + 22.4 i 529,747,480 1,044,627,833 9,017,897 37.4 Springfield 1949 Inc. or Dec. % $ V 1,131,697,841 " 7 Cleveland ' i; 8,945,326,951 12 4th 1950 648,473,072 cities 23.4 40.4 CLEARINGS BANK OF 1951 26— 1.037,233 + + + Total SUMMARY Week Ended May 1.442,086 + 19.0 9,517,518 4,712,711 + Des Moines by Federal Reserve Districts: summary a 573,740,253 2,599,191 Sioux City and in the San Francisco Reserve ""V v*""'-' "VP! V '..'V" P following 567,216,903 +26.4 6,571,232 CO,049,800 * Rockford In 427,639 112,851,543 111,640,506 7.0 + 2,992,969 Iowa—Cedar 20.7%, in the Dallas Reserve District of 9.1% District of 26.0%. 357,803 ■ Minneapolis Reserve totals show a gain of In the Kansas City Reserve District the by 17.1%. 82,352,479 5,731,961 4.4 62,500,640 Terre Haute Wisconsin—Milwaukee.: Louis Reserve District by 13.2% and thet totals by 17.0%, the St. 84,716,878 26.1 9.772,084 '.— Bend South 23.0 + 54,333,000 Wayne Indianapolis District of 39.7% and in the Atlanta The Chicago Reserve District has managed to enlarge its + 1,060.104 1,261,563 11,745,716 6,615,565 6.853,703 Rapids Lansing improvement of 15.8%, in the Richmond Reserve 3,091,180'74,409,719 District—Chicago- Michigan—Ann Arbor Grand 2,914,503 75,680.338 — 613,938,337 776,179,117 cities) (10 8.1 + 26.9 131,461,500 140,635,487 . 3,459.802 3,844,916 36.9 3.890,294 Florida—Jacksonville *_ Macon clearings for the whole country having amounted to 14,463,963 14,079,601 + 73,967,842 >93,600,000 20,478,124 Augusta the week — 21.7 16,822.929 37,750,929 Georgia—Atlanta™.: increase of 12.3%, the aggregate of an was District—Atlanta- Reserve Nashville- statement, however, * which we elaborate detailed able to give final and are ended Sixth Federal Tennessee—Knoxville. ■. , y 443,014 """6:462,747 102.485,136 , ■ 580,475 6,861,988 104,780,614 " %-<■ Clearings at— First Federal Reserve District—Boston— \ 1,721,469 Maine—Bangor v :'i+ 4,033,923 % 8,459,562 Wichita Missouri—Kansas City 1,696,125 1,662,311 3.505,066 4,404,739 416,758.485 444-,446,483 . St. — 10 306,814 332,169,574 — 7,229,560 14,138,077 Kansas—Topeka; ; 1 + 10.6 1,556,579 4,029,670 •' $• 287,492,188 11,361,528 Joseph 10,648,942 . ' Portland - r , Massachusetts—Boston Fall + ! 9.4 + 1.3 ^ Haven Hampshire—Manchester 1,750,954 + 15.9 1,607,126 Total (12 cities) Federal 7,291,435 9.411,284 6.127.829 + 19.4 4,368,923 5,840,291 29.4 21,911,725 23,516,372 • 7,315,333- (10 cities) 316,262,161 ; 6,257,400 2.364,701 10,238,025 + 6.7 .+ + 2L4 432,888,635 + 20.7 t 6.2 ; ,*-2,298,011 . ' . 1,811,869 1,801,081 1,692,183 416,875,100 461,757,962 26,776,241 20,696,694 < + Eleventh Federal Reserve District—Dallas- Fort 11,440,259 + 12.7 10,067,477 23,391,700 ; + 6.8 1 110,808,936 23,596,500 . 1,230,956 1,880,552 + 52.8 23,059.600 529,747,480 + 22.4 494,943,578 —37.4 13,293,533 2,624,714 2,667,163 8.2 76,520,408^ 219,913,742 223,326,000 7.8 20,759,535 25,989,021 + 5,597,000 f ,3f4,000 + 4.4 4,161.100 4.745,000 5,926,930 4,964,412 + 19.4 3.565.438 3,550,644 9,389,045 + 3.8 8,366,939 8,476,923 318,949,595 " + 9.1 262,091,119 272,343,110 117,475,799 + 32.6 110,072,515 347,872,719 cities) 23,786,203 2.4 9.4 + G.870,475 527,643.500 23,359,693 648,473,072 (6 5,755,522 + 26,825,800 9,742.316 Louisiana—Shreveport 1,182,546 1,088,378 Worth™"™!™!"™!™ Wichita Falls . *5,304,365 265,535,861 28.909,803 : 7,310,154 Galveston- , 24,972,000J. 6.4 290,386,513 Texas—Austin Reserve District—New York— Twelfth «ew 278,878,709 ' 1,819,526 + 18.5 Total Second 12,110,863 15.5 + :; 670,442 761,428 • 7,827,941 ,.12,889.541 Island—Providence Total 2,467,531'' 7.794,118 8,998,305 522,365,449 Pueblo. 6,923,749 + 37.2 2,790,978 2,620,394 Colorado—Colorado Springs 1,620,965- 1,790,910 2,029,917 Connecticut—Hartford Kfev 1,832,361 1,025,451 9,275,418 Bedford Worcester New + 23.8 1,038,618 Springfield Fthode 0.1* 2,003,752 River Lowell Hew 448,832,833 555,540,557 — - . York—Albany. Bingham ton Buffalo 14,633,312 ~ 2,975,719 2,904,254 99,787,228 ; — + 1,911,647 1,592,637 + 20,0 Jamestown 2,229,154 2,039,196 + 9.3 7,757,486,702 7,285,756,498 + 6.5 74,731,850 1,401,486 1,367,464 1,558.009 - Califomia-r-Long Beach r Rochester 21,634,629 19,522.661 +10.8 Syracuse 15,933,209 13.710.03T + 16.2 6,427,550,344 • 16,929,070 17,701,474 10,195,450* 11,185,286 15,913,039 17,448,003 + 9.6 San FranclscOi— San •• 11,918,664- 656.763 + 19.1 49,339,068 48,606,145 14,337.461 + 9.3 9,773,419 + 11,910,172 13,391,280 - 4,797,541 Barbara "11,400,759- 9,603,989 2.8 8,156.088 7,280,098 + 34.6 343,698.042 382,151,823 11,126,538- + 20.4 .9,992.944 9,163,063 3,538,726 + 35.6 3; 180,272 3.679,276 8,158,371 + 39.7 7,533,570 7,965,803 +26.0 670,784.420 723,521,728 13,586,172 689,959* 148,712,526 366,106,923 492,654,024 Jose Santa 123,526.192 * Stockton™ * 3.131,436 3.9 55,421,710 10,043,326! Pasadena^- 7,149,266,261 3.365,557 + 2,060,147 141.094,586 66,016,716 15,670,981 Utah—Salt LakeCity 1,723,347 " 103,227,767 + 11.8 3,422,221 146 608.480 Oregon—Portland- » Connecticut—Stamford 155,778,966 Yakima.. £2,207,642 * Eiinlra JWw York Francisco— Federal Reserve District—San Washington—Seattle..: ' Jersey—Montclair Newark 48,065,384 Horthem New Jersey. C3,293,429" Total (12 cities) 824,417 a 8,045,326,951 e 1 33,863,834 + 23.7 37,836,116 + 22.2 V 41,851,703 "50,267.162 6.6 6,642,369,456 919,784,294 18,043,088,901 14,286,678,132 8,285.602,199 (10 cities). 730,093,680 7,000,921.634 44,682,317 51,775,506 Total 7,548,540,879 + 7,391,421,465. Grand Total (112 cities). Outside New York a Now Included in Newark, N. J. ^Estimated. $Not available. 12.3 12,781.413,554 13.925.209,336 -+I8.4 6,353,863,210 6,775,943,079 + Number 5017 Volume 173 .The Commercial and Financial Chronicle .. (2329) '*»% ' ,■ Company and Issue—. Foreign Exchange Rates 1 EXCHANGE ; < RATES CERTIFIED v -. FEDERAL BY MAY due Value ACT OF — July —— t 1 Southern Ry.— 30-yr. 1st mtge. bonds, series A 4%, due 1975^.——^Jun 20-yr, 1st mtge. 3%% bonds,, series B, due 1968 Jun Lehigh Valley Coal Co., 1st and ref. mtge. Skg. fund gold bonds, 5% series of-1924 maturing 1954 —Aug Metropolitan Ice Co.— 2189 4 1890 4 - ,, States United In 1968 Kansas City 1930 1890 1 *• bds., series A, due 1954—July 1 Montana FloUr Mills Co,, 7% cum. 2nd pfd. stocks—_;Jun 25 Morris Paper Mills, 4%% cum. pfd. shares Jun 30 Northeastern Water Co., 5% skg. fund collat. trust lor Cable Transfers In New York Noon Buying Rate and Monetary Unit Country TREASURY UNDER TARIFF TO 1951, INCLUSIVE 1951 TO MAY 31, 25, BANK RESERVE 2183 „ ' FOREIGN Page Corp., 1st mtge. fend collateral 15-yeftr skg. fund 4% bonds due 1964— Jun 29 Froedtert Grain &s Malting.Co., Inc., $2.20 cumulative preferred stock ———i—*—Jun 30 Gulf, Mobile & Ohio RR., collateral trust 3%% bonds requirement of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily to the Secretary pf the Treasury the buying rate for cable transfers on the different countries of the world. We give below a record for the week Just passed: v Date Iron & trust Pursuant to the < Fuel Colorado 45 . 1990 1st Money* 7% mtge. sinking fd. 2190 ♦ — May 26 May 25= Argentina peso— $ $ $ $ \ May 31 » May 30 May 29 - May 28 $ bonds Basic .200000* .200000* .200000* .1333£aS .133333* .133333* .133333* .0711666* .0711666* :——i— Free: .0711666* .0708000* 1968— * -July 1 Park-Lexington Co., Inc., 1st mtge. leasehold skg. fund bonds due 1964—^ July 30 Pittston Co., collateral trust 15-year skg. fund 4% bonds due 1961————— ^ July l 8t. Joseph Light & Power Co. 1st mtge. 3% bonds ,200000* Preferential . due ——— — — " * — a ——————— ' Memorial 2.231573 2.231573 Closed 2.231573% Australia, pound. Belgium, franc 2.231656 .0198375 .0198375 .0198375 .0196500 Bank Notes- Brazil, cruzeiro .0198375 .0195750 .0195625 .0195625 .0544060 .0544060 .936718 .936328 .208500 .208500 ■0544060 .0544060 . ,937500 .939453= Canada, dollar- - .208500 .208500- Ceylon, rupee . Day due Czechoslovakia, koruna-- 1 .144883* .144938* .00285625 .00285623 .00285625 Germany, dcutsche mark India, Dominion of, rupee—i__. .238379* .238379* .208700** .208700 Mexico, peso---—,—- .115606 Netherlands, guilder .262500, .262450 .262516 2.772896 2.772896 2.772896 New Zealand, pound.— Norway, krone: i— Philippine Islands, peso-—_— Portugal, escudo———— Straits Settlements,, dollar. .238379* Closed * J .140154* '< - *•; ' .262500 .140154* Day .496433* .496433* .0349000 .0348500 .328500, ,.328500 .323500 .328500 .193269* .193269* .230771 .230500 ' * .0348500 Sweden, krona—.—— Switzerland, franc—— Union of South Africa. poundUnited Kingdom, pound sterling. Uruguay, peso Uruguay, peso Uruguay, peso. ' . 2.800781 -- • . . -V' l- •*. 1 Memorial 2.800820 2.800781 : ,658327*1" .425531*1" .658327*t .858327*t .561797s* t .561797*t .425531*1" .561797*1" —— .425531*1" .425531*1" — tApplicatlon depends upon type of •Nominal. preferred preferred Wheder Osgood Co., $22,000,000 each in New York City and in Chicago; there was a net increase of $5,000,000 at all reporting member banks. 000 in the San Francisco District and decreased Reserve Banks Combined since deposits adjusted increased $334,000,000 in City, $94,000,000 in the Chicago District, $39,000,000 in the Boston District, and $37,000,000 in the Philadelphia District, and decreased $49,000,000 in the May 31, dec. (• —) San Francisco District. " May 23, May 29, •' V' 1950 1951 1951 ^ 19,879,902 fund for F. 4,003 627,764 certificates Redemption 914 f Total Other .'f .-*• 2,490,392 +, 125,281 21,118 307,465 538,118 advances ■..+ 312,490 + + 181 + A summary 2,585 loans cum. S. securities: Govt. Bills ..v':.- 114,500 694,824 ~ — "Notes ——__; -Bonds Total a' U. Govt securities- S. 12~500 22,835,824 3,374,051 5,874,850 13,234,933 + 120,950 + Due from 5,137,515 + Uncollected of Bank 120,800 banks— other 2,926,307 items cash 41,070 premises 204,388 Other assets Total assets + 38 foreign banks notes P., R. and 5 — — Investments—Total 69,493 — and 3~391 + 407,614 + 32,614 33,070 66 + 6,266 7,936 + 60,046 chasing U. 235,621 + + 457,806 186,491 + S. Treasurer—gen. Foreign 18,515,929 ;/. Other — ' Total 625,562 894,601 290,280 acct._ :— '.v. Y-' ■ ■ ■■ ' deposits liabilities Total — 89,855 + . 20,326,372 2,384,899 16,573 accrued divs. — + — — — + 2,702,097 + 38,036 — 93,379 139,529 10,688 * 24,177 + 26,518 174 1,092 245,214 + + + 2,309 <—-— of + + 104 — + 5,770 — + 364 — 98 5 — vault in Cash : .— domestic with 24 123 633 5,467 520 ' 5,932 banks + + + + 30,382 1,696 — 38 11 103 9 + + + — 5,977 — 43 46 — 2 — 329 —4,402 + 2,369 + 5 — + 8 303 24 149 — : 8,113 20,573 6,497 13,741 345 2,229 14 110 891 156 1,177 — . — + — + + + + 3,615 889 1,897 58 109 3,379,006 Surplus (Section Surplus ■■■: 228,979 Ratio of gold certificate 21,849 + deposits adjusted Time deposits, except government U. S. Government deposits Interbank demand deposits: 4,621 27,543 4,559 46,943,558 235,621 + 49,865 15,552 3,325 Demand 13,122 + 155,631 liabilities & cap. accts. serves, note 7)— capital accounts '.Total + 511 510,022 (Section 13b) Other — Foreign banks Borrowings 3,418,598 Debits re- to deposit and F. R. combined— Pabco — correspondents " Industrial loan commitments— 30,789 631 + — — 3,672 972 + 2,386 — Huron 4% weekly reporting member hanks of the Federal Reserve System in leading cities shows the following - principal changes for the week domestic banks, and $217,000,increase of $515,000,000 in de¬ mand deposits adjusted. ^ : Commercial, industrial, and agricultural loans de¬ creased in all but two districts; the principal decreases were $52,0Q0,000 in New York City, $23,000,000 in the Chicago District, and $14,000,000 in the St. Louis District. mand deposits credited to 000-in borrowings, and an details week » Holdings, of Treasury bills decreased in six districts six, resulting in a net decrease $46,000,000 at all reporting member banks. Holdings of United States Government bonds increased* $24,000,- — were 50c 7-2 6-19 $6.50 6-11 Co.. & Glass 400 | ' (quar.) com. 1st 6% (quar.) Company and Issuer OF Bank JO-year 4% Trust & iisidelphia Transportation Co.— Consol. mtge. 3 % -6 % bonds, series a, ■ ■ • v ; .* ,-y^ ■. : . Company and Issue— Alabama Power Co.— Jun 8 Robblnr, due 2039—Jun 15 1991 *■':"* 7- 2 6-25 7- 2 6-25 Date - Page (N. 6-30 6-22 6- 6 7-16 6-20 7-16 6-20 6-15 6- 5 6-25 6- 4 50c 7- 6-20. Y.)— 25c — preferred stock-_Jun 30 — — July 2 (A. M.) Co.. 7% preferred stock—. Jun 30 Bridgeport Brass Co., 5%% cumulative Brillo Mfg. Co., class "A" stock Chicago Board of Trade Safe Deposit Co.—, Real estate mtge. gold bonds, due 1953—— Jun 15 2085 *• (P. 1 1 1 7- 6-20 1 6-15 6- 5 6-15 6- 5 25c 7- 1 6-20 $1.37'A 7- 1 6-20 35c Co., 6-15 6- 5 37'/2C 6-15 6- 5 6-15 6- 5 t50c 7- 2 6-20 J20c Ltd.—- 6- 6* 8'Ac Mfg. 6- 6-15 25c — 6-29 30c — 6-28 28c - Co L.) 6- 6- 10c 6-30 6-15 7- 2 6-15 7- 2 6-15 20c $1.12 V2 6-15 4 25c 2nd Bridge Co., preferred San Jose Water Works Schwitzer-Cummins Scovill Mfg. Co., 1st class B — Shellmar —— (quar.)— 6- 6- 1 5-26 6- 1 5-26 9 8 $3 7- 1 6-15 7- 1 6-15 6-15 6- 7 7- 6-11 6-15 7- 2 6-14 91'Ac $1.07% 12'/2c $1.12'/2 10c 9- 1 8-14 1 8-14i 9- 2 common 5 5 5-25 7- 2 6-11 7- 2 6-18 2 6-18 i— 10c 7- 90c 50c 6- 1 7- 2 — Corp., 6- 6- (quar.)— — (s-a)_ Products 2 50c (quar.) Co. preferred (quar.)— 4.30% preferred (quar.)-—— Selby Shoe Co.— Servel, Inc., $4.50 preferred (quar.) Railway 7- 50c (s-a)_— common— Company, 25c 6-11 $1.50 25c pfd. 3.65% Extra 6-9 25c 6% (s-a) Service, class A Public 6- 6-25 15c . 6-25 25c (quar.) 6-20 10c Shops 50c — Louis 5-22 6-15» 59%c 6-30 6-15 20c 6-26 6-12 Rayon Corp., common —— $3 prior preferred, (quar.)-. —— $1.25 A preferred (quar.) —$1.25 7- 1 6-15 7-1 6-15 7- 1 6-15 $75c 7-30 6-29 25c 6-15 6- I preferred (quar.)-. Simplicity Pattern 5% Inc. Co., —— class Smith (Howard) Tools Snyder Tool Stock One & Mills, Ltd (quar.) — Paper Corp. —— Engineering Co.— dividendshare each Boss 6- 6-11 $2.25 Mills Rice Metal Louis 1370 2087 6-11 6-15 12'Ac Myers, Inc., common— participating preferred (quar.) Snap-On * 2 2V2C Extra 5 % „ 4 6-30 Skenandoa 'partial REDEMPTION - 5-29 6- 35c & 43A% 1st mortgage bonds, 3'/2% series, due 1972— -Jun 15 American Machine & Metals, Inc., 15-year 4%% sinking ; fund debentures due 1959_: — —~—■—July 1 Byers 2091 6-12 6-20 35c (quar.) Co. Brand Sharon sinking fund bonds, due 1957-— 2 6-11 i5c Saco-Lowell Page 7- 1:75c Safety Car Heating & Lighting Co St. Helen's Pulp & Paper (quar.) Date 8 6- 8 £35c ; Extra , 6- 6- $1.50 (quar.)— Little & Co., Ltd Rochester Telephone Corp., common 4'/a % 1st preferred series A (quar.) Roos Brothers, Inc. (quar.) anati Sugar Co.— 6- t$1.50 common preferred (s-a) Reynolds Metals Co., common 5'/2% convertible preferred (quar.) Shaler 6-15 6-15 6-15 $1 - Products Robertson TENDER 6-19 10c (quar.) com. (quar.) (Pittsburgh) 3% 8 6-15 $1 4'/2% St. 6- ioc Extra Rand's St. 2 6-30 7-21 35c (quar.) (quar.) Inc.— Participating bonds, notes, 7- i8c Quarterly Riverside 25,305 6-11 6-11 50c partic. preferred (quar.) Laundry Co. (quar.) Washington Insurance Co Purolator 1 1 50c Inc /. preferred National il-; 7- 35c Co, preferred 10 of common shares Manufacturing ($1 par) for held Co. ■ 66- 7- 50c Providence Public 2 25c 100% non-cum. Progress 7- $1.25 Sulphite & Paper, 6% 7 Trusts- — Woolen Mills, preferred (quar.) Corp. of Canada, 6% Power River given in the "Chronicle." NOTICE ' and increased in the other 6- 6 Portland 80 257 ing tenders, and the page number gives the location in the current volume (except where indicated) in which the ended May 23: Decreases of $104,000,000 in commercial, industrial, and. agricultural loans, $303,000,000 in reserve balances with Federal Reserve Banks, $181,000,000 in United States Government deposits, $631,000,000 in de¬ of 7- 2 * 6-20 Co.. non-cum. 185 preferred and ^common stocks called for redemption, including those called under sinking fund provisions. The date indicates the redemption or last date for mak¬ •The condition statement of v 6- 7-16 — $1.50 Below will be found a list of corporate Condition Statement of Member Ranks . 6-27 8c Fund, Inc. (quar.) Pittsburgh Metallurgical Co., Port 7-16 $1 Pioneer Fuel 8-15 15c Philadelphia & Reading Coal & Iron Co.___ Phillips Petroleum Co. (stock dividend) Plate 6-15 * (quar.)..: Drug Stores, Inc. Mining 1 3 j$i preferred Pocahontas 1 6- 7- t$1.25 Inc Express Pennsylvania Glass Sand Corp., Pittsburgh 6- 6-15 common Spruce Timber Pennsylvania Co. for Banking Quarterly Peoples 6-15 6-15 37V2C (quar.) ; 6-25 31'Ac Pacific + + Notices _ Inc., (quar.) Aggregates, Intermountain 5% Holderi Payable of Reo. 20c Coast + Redemption Galls and Sinking Fund 25,571 Loans to banks increased $103,000,000. 2211 Amer.— Robinson, Contingent liability on acceptances purchased, for foreign • Share (quar.) (quar.)_ : Products, Richardson — 1,339 580 t 9,8% — of common preferred 631 13 217 — „ "47.0% Co. Ontario Loan & Debenture Co. Ontario Steel Products, Ltd... + 2,485 + 2 + 1,142 demand deposit accounts, except and U. S. Govt, accounts, to during _ 2192 25 12) page , Insurance preferred 515 23 181 + 8,761 banks Domestic 6% Interbank liabilities juiy 13 ——Jun Reading Tube Corp.— 50c participating class A (accum.) Remington Arms Co., common— Liabilities— Capital Accounts— Capital paid in Life Quarterly Oneida, Ltd., Polaris indebtedness.— - bonds S. Balances + — - — securities Reserve with Federal Reserve Banks 247,960 751 loans Other 2,670,931 181,697 loans banks to — Treasury bills Treasury certificates Treasury notes — U. 239,669 46,021,383 — obligations Government securities—Total U. S. ' Deferred availability cash items Other liab., incl. 54 pur¬ securities estate Other Line Extra Government securities Other Loans Member bank—reserve accts. for dealers and for purchasing or carrying: Government obligations-.— S. U. 3.418,598 Deposits: U. S. — 2,542 7,630 7,702 carrying: or Other + — 89 54 — r. Other loans Real 23,293,539 notes Reserve brokers to Loans 553,104 Liabilities— Federal 19,129 loans 26,773 . 1951 and agricultural Commercial, Industrial, ": + 46,943,558 . ■ — May 24, 1950 May 16, 1951 (In millions of dollars) Loans—net 4,903,211 + May 23, . Assets— 917,179 191,721 • Loans—gross Total loans 2194 When Old Pacific dec. (—) since ■ ' V.;,.:; ;! Loans 22,292,536 securities— + 6,050 14,878.633 6,719,079 — 2094 , stock. pfd. 9 2094 julv 13 Name of Company Pacific inc. ( + ) or . .. . j — Certificates conv. • DIVIDENDS 4% ' ; . U. of assets and liabilities of reporting mem¬ ber banks follows: 231,719 5,170 and Industrial Borrowings decreased $173,000,000 in New York City and $72,000,000 in Chicago. 107,134 + 3,089 20,507,666 reserves cash Discounts ■ ——— 1,1 ' gold ctf. decreased in all districts. 2,597,526 — R. notes « 1377 11 (Continued from Both United States Government deposits and demand deposits credited to domestic banks S 9 C 4 s— Gold 2189 Demand Inc. ( + ) or * 2189 2189 18 •Announcement In this issue. New York thousands of dollars) (In 18 18 _jun Twentieth Century-Fox Film Corp.— ' $4.50 prior preferred stock; $1.50 preferred stock merchandise Statement of Condition of the 12 Federal 2087 —Jun stock stock-: _— v .561797*1" < * 2182 .... 2.783750 Day 2.783750 2.800742 v.• second junior Indiana .230675 2.783750 .658327* t cumulative cumulative Gas & Chemical Corp., 3 dividend cumulative preferred stock : juiy. 2 Lorillard (P.) Co., b% gold bonds, due Aug. l, 1951—1 Marshall Drug Co., 5% preferred stock -July 1 Securities Co. of New Jersey, 10-year 4% bonds, series No. 4, due 1952— 1 Aug 1 Sunray Oil Corp., 4V2% cum. conv. pfd. stk„ series bIIJun 11 Sutherland Paper Co., 4J/4% cum. pfd. stock Jun .193269* .230750 188A 2182 jun $5 $5 , .193269* , ■ Closed 2.783750 . Pag» 14 A .115606 .0348900 .496433* .496433-L 1703 sinking fund debentures 1—Jun 26 Chilean Nitrate & Iodine Sales Corp., sinking fund 5% income (dollars) debentures due 1968 —Jun 30 Clinton Water Works Co., 7% cum. pfd. stock July 15 1st mortgage bonds, series A 4%, due 1962 __JUn 11 Globe & Rutgers Fire Insurance Co.— $4 cumulative first preferred stock- 2.772999 Memorial .140154* .140154* •• .208700 .115606 .115606 Jun 15 ENTIRE ISSUE CALLED Armco Steel Corp., 4%% cum. conv. pfd. stock—, Jun Budget Finance Plan, Ins. of Calif., 10-year 5% series .238379* .208700 - 2192 cC Company and Issue— .0200600 .0200600 .144742* .00285625 .144938* 1 Date Virginian Ry. Co. 1st lien & ref. mtge. bonds, series 3^4%, due 1973——————————— .0200600 .0200600 —I Denmark, krone France (Metropolitan), franc Julv ——— „ « . 1979 (quar.) — —- 25c 6-29 6-18 6^18 6- I 46 (2330) The Commercial and Financial Chronicle Share Electric k (quar.) preferred (quar.) 5% 4.ti0 % - South preferred Penn Southam Oil Co., — Co. 15c 7- Allen Electric —— 62 V2C 7- 2 6-15 Allen Industries, 57 Vic *, s. 7- 2 6-15 Allied 6-13 Allied — Bag & 50c Paper Co. Canada partic. Southwest Power Natural preferred Steiiing Gas series Aluminum Co., A Extra Allied 6-14 Allied 7-20 Aliis-Chalmers 6-20 ' 1 6-20 7- 1 6-20 Suburban 2nd Suburban 6-20 2 6-15 25c . 8 6'■ 7-, 1 25c 7- 1 6-20 6-29 6-14 25c 5-31 5-18 8- 7-16 American ' $1 11- $1 : 1 Arch Co.' American Propane Gas Corp.— Sunset-McKee Superior Oil Co. Co. 6% (Calif.) Note, preferred (irreg.) 1 6-15 American American Bosch 6- $3 6-14 $$2 4 6- Box American & Atlantic City Electric Atlantic Coast Atlantic Coast Line 7- 2 Greyhound, t90c 6- 5 6-30 5-28 2 6-15 Atlantic 75c 6-14 6-20 6- 1 $1 $5 , 6-28 25c 6-15 6- 1 6-15 6- 1 50c (Del.), 6-11 5-28 25c 2 6- 7- 2 6- 6-13 7- (increased) 1 7- 7-10 50c Taylor-Wharton Iron Telfair Stockton & Telturide & - _ Steel 6% Power. 2nd 3 6- 8 7% non-cumulative preferred 3 6- 8 7% non-cumulative preferred 1 9-14 7- 2 6-15 7% non-cumulative preferred ; $1.75 1-2-52 12-14 6-21 6-11 7% non-cumulative pre/erred,,,., $1.75 4-1-52 3-14 6-15 30c Co.—A,,,,,,,,,/' pfd. (quar,), — Texas preferred 7- $1.50 6- , American 8 Southeastern Textiles, Inc., Gas (quar.) - common.. _ — 13% pfd. " 5% non-cum. Toronto series) Trusts Company Tunnel Tyler Co. RR. Fixture "Union Bag Co. Corp. & A (quar.) — 3114c 7- 2 6-18° 3Vi% preferred B (quar.) (quar.), 31'Ac 7- 2 6-18* $35c Gas Manufacturing Union Metal United from U. S. 50c 6-15 6- American 5 5-31 American Hospital 5-31 American 6- 6-15 income 15c — 6-30 — 6-20 6-16 7- 6 6-20* ' American Maracaibo 7- 6 6-20* American Metal $1.75 7- 2 6-20* American Meter American Motorists 35c 7- 2 6-22 Co 6- 1 American Mohawk Cotton Mills, Inc. VIsking Corp. Wamsutta Common Washington Oil Ltd. Waterous, Weatherhead Wesson k pfd. (quar.) pfd. $5 6- Inc. ♦ ;6-20 6- 6- 7- 6- 66- 9 35c 7- 2 7- 2- Corporation, 41/2% preferred Brothers, preferred American American Reserve 4 American 2 6- 8 2 6- 8 1 8-21 Rock 7- 2 50c 7- 2 7- 2 2 Lines 7-16 7-6 7- 6-15 _ 2 1 9-15 u;^..50c ,, 12-15 >. 9-1 < 12- 6-11 1 6-s 1 • 50c 6- 1 6-15 6- 1 50c ,i 6-11 50c Ltd.— „ 6-15 6-1 6-15 6- 1 6-20 Co. (N. 6- 30c 6-15 50c 6-15 Y.) , (quar.) (s-a), 20c 12Vic (quar.) 50c Co. 5% preferred American Bell American 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« preceding table. we ' , : ; - Name Per ■ Share of Company Aberdeen Petroleum Corp. (stock dividend), Abitibi Power & Paper Co., Ltd.— ? New 6-29 6-15 6-1 —25c 6-15 6-1 $12 Vic $30c preferred (quar.),——,__w—$$1.25 Electric Corp., common (quar.) 10c 7-3 7-3 6-9 $1.50 preferred Title & Insurance A Acadia-Atlantic ,$1.20 A class 4% Steel Co. com. (J. D.) Aeolian Co., 6- 8 Black 5-31 5- 4 4.25% 6-15 7- 2 6- 1 7- 2 6- 5* 7- 2 6- 5* 7- 2 6- 5* 6- Bliss Aetna Ball Roller & Common Aetna-Standard Affiliated 7% preferred American , Zinc Common preferred Anaconda 6-15 6-11 6- 6-15 6- preferred Edison 5-25 7-2 6-15 25c 7-2 6-15 called 10c 6-12 5-28 $103 per One share of 6% 6-20 Armco 75c conv. preferred for each share common held 8- 25c Brass Mfg Akron, Canton & Youngstown RR.— preferred (s-a) Alabama By-Products, v class A 7-20 • 6-20 $2.50 (quar.) 6-15 5-25 25c ■ 10- 1 8-15 1 7-23 11- 1 8- 10-22 Class A (quar.) Class B (quar.) 25c 8- 1 7-23 Class B (quar.) 25c 11- I 10-22 $4 6-27 5-28 $4 -6-27 6-28 Alabama 6% Alabama 4.60% Alan Great Southern partic. Steel preferred RR., 4.20% pfd. preferred (quar.) Steel Co. com. (s-a)_, (s-a) Power, Wood 25c . (see Co.) (quar.) $1.05 Wood (Alan)-- . 7- 2 $1.15 1 7- 2 . 7- IT 6-15"' 6-15 - Canada (quar.). preferred (entire issue redemption on June 14-at share plus accrued dividend),, $3.75 50c quar.) ' Co. Arnold Constable 5 Boston 6- 4 6% 6-30 6-18 6-29 5-31 6-15 6- 1 6-30 6- 8 6-30 6-22 Co. Gas ,6- 1 6- 1 6-12 6- 1 i; 6-29 6-11 $1.06'A Equipment Corp., 4-1/2 % preferred Artkraft Mfg;, 6% common (irreg-. )r___ conv. pfd. (quar.) 30c Ashland Oil Stock $1.20 <fc Refining;- dividend common (quar.)__1 - convertible preferred $5 preferred (quar.) 5-22 6-15 7- common 7- 2 7- 2 7- 2 6-13 6-30 5-31 912- 1 9- 1 12- 1 11- 9 $1 6-29 6- 1 6-15 6- 1 37Vic 7-1 6-15 31'Ac : prior pfd. (quar.) (quar.), Water Co. is-a)__, 7- 1 6-15 10c v Corp. 6- 9 6- 6- 1 5-21 " 6-20 6- 8 8 7- 2 6- 8- 1 $25c 11- 1 10-lfl $$1 6-15 6-11 6- 25c 6-15 5-31 5-31 6-15 20c 6-15 (quar.),, 9334c 7-16 7- 2 (quar.), $20c 6-15 6- 1 Co, Ltd, com. (quar.) 33A% preferred (quar.) _$i British-American Tobacco Co, Ltd.— 7- 6-' 5 >.234375 7- 3 6- Is 7-10 6-1; 1» 33/4%- British-Americon Bank British-American preferred Oil Note. Ltd. $25c Ordinary bearer- (final) British reeistered (final-)— 6-21 6- 8 15c 6-20 6- 5 Brockway 6-15 6-29 6-12 Glass 7-10 6- 1 7-23 6- 6 15c 6- 9 6- 9 25c 7- 1 6-15 * Co, (quar.) com. : 5% preferred- (quar.)___ Brockway Motor Co, common Brooke (E. Brown Shoe Mills, & G.) Iron Co. 6-12 Bruck 7- 1 6-10 1 6- 9 Class B (quar.) Brunswick-Balke-Collender Ltd, class 6-15 5-21 6-15 5-21 Buckeye Pipe Line Co. 30c 6-15 5-21 Bucyrus-Erie $1.25 6-15 5-21 $5 preferred 62y2C A: (quar.) Co, 7-31 7-13 6-15 6-19 5 15 $15c -6-15 5-15 6-15 6- 7- $1.25 (quar.) common (quar.) 6-27 5-28 25c common (quar.) preferred 5 $30c - Co, 1 7- 6-14 90c (quar.) 7- 50c 25c (quar.) Co, $3.60 preferred 7- 7% , 5 6% American tl5c 50c 3 5-31 , Celanese, Ltd.— deposit receipts ord. (interim), Broadway Market Corp. (Detroit) (quar.) 6-29 1 6-30 ' 1 ' 5-10 25c 6-15 5-24- 6-15 ' 7-14 15c 6-13 5-18 6 75c 6- 6- ' 15c 75c (quar.) 6-20 2 9 8-10 $25c Extra Bristol-Myers Co, 8 8-10 11- J (quar.) Co 5-31 7- 1 50c Casket Bearing 6-13 6- 6-13 Rubber— 6-15 7V2C 6-18 $3 & 6-29 12'/2C 5-31 ' . 25c 15c 1 6-T $1.25 Briggs Manufacturing Co. (quar.) Bristol Brass Corp. (quar.) 1 G 6-15 1 6-14 $2.50 (s-a 1 Stratton ' ' ' Briggs 6-15 6- 6- 2 6-15 87 ViC 5-25 6- 5 $1 6-15 10% (quar.) 1 6-30 6- 50c (quar.) ,J20c (irreg.) 5-14 6-30 31'Ac 6-12 25c 6-22 6-15 1 25c 5-15 f25c ; B 6-15 -4 25c (quar.). 12 17 6-15 6-.1-5 6-25 :> $1.37% $1.37V2 6-30 J50c Ashdown (J. H.) Hardware, Ltd., el. A (quar.) 6-30 6-30 $1.50 (s-ai Burial Roller •» 6-15 >) 7- 25c (initial) 6-15 G-1A -• 37 Vic (quar.) common Hose Brook Boyertown & 2 62 Vic (increased). 12-21 25c Art-loom-"Carpet Co. (quwr.) Asbestos Corp., Ltd. (quar.),, Class Corp. 56V.»c (quar.),^,: (quar.) Extra Brass 7- 25C Co. ) 1 6-22 Albany preferred Bound 6- 50c C.) Co., Inc., new com. prior preferred (quar.) RR Maine RR., 6-22 5-25 y , Electric— <H. Botany Mills, 6% 5% 2 6-11 6-15 ->-6-15 (quar.) & (quar.) & 6-20 6-15 >• - 50c Brach (E. J.) & Sons (quar.) Brantford Roofing Co., Ltd., class A (quar.) Class A (quar.) Brazilian Traction, Light & Power Ltd. (s-a) Breeze Corp, new common (initial) 73%c , $1,061/4 (quar.) Laughlin, preferred Bower $1. Corp. 7- 15c Woven 6- ■ 1 6-20 6-30 2 Vic ,i i Wharf 6-15 9334c (quar.): ; 15c Mfg. Valley Ordinary (quar.) preferred 1 s 1 6- 1 7- 6'■ 2 7- $1.25 5 6-20 6-23 7- (initial) convertible for 6-27 J 7- 6 50c (quar.)__ 75c common 2 $1.75 25c - 9 7-25 $1 , (quar.) 37'/2c * 6- 7,-31 7- 2 preferred 5-31 6-15 6-30 7- 5% 1 6-15 -7-16 50c New 6-22 7- > 1, 2 25c $-26 6-15 ; "" (initial) 6-28 30c 6-15 6-15 7- f" preferred 6-30 25c 5-31 , 1 1 6-15 , , 1 50c pfd. preferred & Boston $1.25 6-. 4. 7- 75c 5% $1 (quar.) 6-, .9 7- $3 / $3 com. 3 New 10c (quar.) 7- j 5-31 $50c . $3 Co., 3 $15c 15c common 6- 7- $$1.75 Common 37'/2C T 2 2 $$1.50 (quar.) Decker & Boston 30c (s-a) 7- 6-25 20% of . J15c (quar.) 5-29 7- 25c Stores, Inc. (quar.) Book-of-the-Month Club Inc. 5 6-.9 Co.— Borg-Warner Corp., 3 V2 % preferred 6-26 2 32 Vic Aluminum 75c (s-a) Corp., $4- preferred - Aro 5% 7- 5 Armstrong Cork Co.— 1 -6-30 —10c Steel 4,/a% ...... Air Products, class A Akron 6- 8 5V2% 10c common (quar.) Co., Bohack 12'/2c Mining Co.,,,^ 6% preferred (quar.) Arkansas Natural Gas Corp., 6% pfd. (quar.) Arkansas Western Gas Co. (quar.) Air dividend. 5-24 1 7- $2.25 (quar.) 6-29 8- 75c (s-a), 1 $5 preferred (quar.),, Arkansas-Missouri Power 1 6-15 preferred 75c Stock 2* $1.25 (quar.), common Mills, 6% Arizona 1 6- Cotton Argo Oil Corp. 1 6- — 7- 7- , conv. Boston Products 6% I 6-15 Inc.— 7-16 Smelting— (s-a) Inc. Copper Equipment, $3 pfd. (quar.)— Agricultural - Insurance Co. (Watertown, N. Y.) (quar.),,, Special Asociates, 1* 25c preferred Company, Metal, 1* 6- 9-21 6-15 Gas & 6- 6-15 12-17 37'/2c (quar.) Lead 6-15 $1.75 (quar. prior $5 (quar.) 1 $1 (quar.) 6- $1 American Woolen Co., common, $4 conv. prior preference 6-15 9-28 15c Engineering Co. 20c 12-21 25c — Co ; 5-21, 40c Bond Products $1 6-30 15c (quar.),,! Vitrified $1 Bearing Co.— preferred conv. American 8 (quar.) 1 : & Bohn 1 (quar.) $3 (quar.) 5% 5-31 2 6-15 : 4 35c I (quar.) Inc., com. (quar.) preferred (quar.) (Phila.), 5% prcfeired (quar.) Blaw-Knox Company (quar.),,,, Bloch Brothers Tobacco, 6% pfd. (quar.) Blumenthal (Sidney) & Co., Inc. (quar.) 6-15 Arcade 5-23 6- & 5% 7- (s-a), 1 6-13 6- 25c (quar.) Blauner's 7-16 pfd. ,7- i 6-15 . 50c Co. Steel 7% Blackstone 7- 5% 5-31 a: 6-15. 1 1 2 Vic 5 $2.25 Inc., 6-15 > ,6-22 50c Black, Sivalls & Bryson, Inc., com. 4.25% preferred (quar.) L, $1.50 Co., 7- 7- 12'/2C Co. Electric 5 Common 6-12 6-22 A 6-15 6-15 Extra 6- Common 1 20c $1 6- 6-*l 2 6-29 15c Bishop Oil Co. 6-13 7- $1.25 Corp. Manufacturing Co. 6-19 50c 6-1 ' $1.75 (quar.),, 6-15 $2.25 Birtman 5-25 6-15 7- 2 Manufacturing Co. (quar.),,, 6-19 • f 7-16 $1 common 5 • 6-15 7 6-11 12 Vic " class 7-27 5-13 '$1 Extra 5-29 4 10c IH 5 5-14 5 1 6- , pfd. (quar.) 6- 6-29 8- ,6-21 25c 6- 6- 9 5c (quar.),, (increased 6- 25c iquar.)— pfd. A (lrreg.) non-cum. Corporation Aerovox 5-19 $1 _ (quar.) 6-1 50c Manufacturing Co. 6% ; 7-26 6- . Binks 6-15 25c Express Co Adams 6-15 ; 8-17 (quar.) preferred $1 Co., Inc. (quar.) Anderson-Prichard Oil (quar.) Anglo-Newfoundland Development Co., Ltd., Apex Smelting Co. (quar.) Applied Arts Corp. (quar.) 6- 9 5-31 10c common,,,,, 1 6-15 7Vic -- (quar,). Adams 1. 6-15 Special 12Vic Anchor Post (quar.) — 6- > , 6-15 50c $62 Vic dividend Bethlehem Bibb Surety Co. (N. Y.) (s-a),: Telephone & Telegraph Co. (quar.) Ampco (N. Y.)— Refineries, Ltd., Sugar Extra Acme Corp, — 5-i£ 15c I ;j Bessemer Securities Best Foods, Inc. (quar.) Thread $4.50 7-1 7-1 quar.) (quar.) j Aviation Corp. (quar.), Beneficial Corp., $6 preferred (s-a) Bessemer Limestone & Cement Co., American Amoskeag t $25c $37Vic Class 5% Holder* Payable of Rea. 2Vi% ' (initial common Abstract Acme When 5-31 Corp. of Amer. Bendix American Below "6-1.1 6-30 V Savings ; Co Telephone Co. 50c (quar.), Corp. 7- 2 40c & 1 * &, Gossett Stock Bell 60c (quar.) Tobacco $1.06 V* Trust (quar.) RR. Packing (The) $1 common (quar.) Sumatra 6-11 (quar.)___„H_"I"'""I^" Co"., preferred Bell SI > com. 2 Ltd., com. (quar.) preferred (quar.),, Belgium Stores,'Ltd., common 50c Stores 2 7- 7% $7 common ; Sugar Refining, 5 7- 6-11 $1.00 Bingham-Herbrand Wool Ship Building Co., 6- 7-20 Belding-Corticelli, 6-11 6-23 Sanitary Corp. Insurance Co. Creek Beech-Nut , $1.25 Standard Beech 7- 7-2 (s-a) preferred 6-12 ; 5-29 2 40c (s-a) Lumber $1.40 - 25c & preferred 7% 6- ; Extra 6-14 6-15 $1 American 6-14 f 6-27 2 50c Corp Safety Razor Corp 6-15 5-31 7- 25c , American 6-15 6-15 $3 ' /■ A Beaver 1 6-15 25c Ties, Inc. (quar.) Inc. (quar.) Mills, 8 6- $1.25 (quar.) : Seating Co. 7% 6-25 7- (quar.) (quar.) 9- (s-a)_, " American Smelting & Refining Co., American Steel Foundries (quar.) 5-28 9 56'Ac — $$1.12ya (Chicago) pfd. preferred 6- 7- 20c Brummel Beaunit 2 6-15 $1.75 Cigars, Inc. Bearings Co. of America, Beau 7- (quar.) Z2ZZ preferred 1 6-20, 6-12 (quar J Bayuk 6* Chemical— American 1 7-10 62 Vic (quar.) 6- 6- 50c common 6-11 $1.75 American 5-31 6-29 40c 6- 5-31 2 - 50c Co. class Re-Insurance 6-15 American $40c 1 9 (quar.) 6- 6-15 $25c 7- 7- (quar.) 7- 1,12 Vi (quar.I common preferred Common, 6-15 6* 6- i & American Radiator 2 6- 10c ; pfd. (quar.) $6 A 7- 75c $1.25 (quar.) 1 York 5% 6-29 1 $1.75 Corp., 6-15 50c (reduced)— Co. Canada of 7- 6-13 25c Steel Corp., common preferred (quar.) Wisconsin Michigan Power— 4 Vi % p ref e rr 3d (qua r.) Woods Mfg. Co. Ltd. (quar.) Steel 7-16 7- 5-29* > 20c (quar.) (quar.) Piano American President 1 6-30 Finance, (quar.) Class B (quar.) $4 preferred A (quar.) 5 5-31 $1.75 Co. (initial) B Class 6-20 2 6-18 preferred Class 1 8 25c ' (quar.),— American Potash 5 6- 6-11 6- Co.___ Co. (quar.) Bausch & Lomb Optical Co., 4% Petroleum Corp. (quar.) 5% 6- 1 2 83%c iquar.),, Inc. 9 77- $1 ; Sons Bastian-Blessing 4 V2 % 7-. 2 6- 50c ~ Corp. 1 6- '1 15c Co Steel 6- 6-151 6-15 3 Corp.— National Refractories _■ . preferred 7% 5 6-15 6-15 7-16 -(quar.) • Oil 5-18 - lav^c • Bay 1 50c , Co. (bi-monthly), Optical Co Paper Goods American 1 20c Inc.— Co., 7% 5-24 6-10 $1.25 (quar.) (quar.) prior Younker 5-31 : 50c Inc. Coal Combing 1 25c Wheeling W'yckoff 6- $1.50 — quar.) Snowdrift Westmoreland, 6-10 $10c Co., Fund, Westmoreland American 50c Co... Wellington Oil 6% Inc., (initial American 1 2 25c — (quar.) Warrrer-Hudnut, 1 6- 20C — — (quar.) Mills American 6- 6-12 50c 6- Basic 5-25 6-20 News 6-15 6-12 40c (quar.). 6-20 18c Hill Company (quar.) Canada, Ltd of »'5-29 ' 6-28 30c Monthly 6-14* 2 H.) preferred Barium 1 15c Insurance National 5c ——- 7- 8c 25c Manufacturing Co., Bareco 5-14 10c 7- $3 10c „ Quarterly 15c (accum.)-—,, (quar.)_.i 6- common Co. $4 5-31* 30c Co., Ltd„.4Vi% Co. (quar.) 6-20 50c (resumed) Cap, 8% pfd. Corp. 6-14 1.4.. 7% preferred (quar.),,, American Machine & Foundry 7-10 6-29 20c (quar.) $2.50 60c Canal A 6-11 6-12 quar.) Locomotive, Barcalo 5-29 75c __ (W. 5 75c Co.— (increased Barber 6-20 5-25 ' (quar.),. America Barber-Ellis 6-15 6-12 of 5-211 '■ 6-11 15c ; 6-22 ' 6-20 r 6-15 30c (quar.) Quarterly Bank Building & Equipment Quarterly 1 6- 2 Corp.,,,, Locker American 6-11 6- 6-15 75c Laundry Machinery Co A 6-15 7- _ (monthly) American 1 6-15 ... International $1.25 6-15 6-29 preferred Bank Co.— Corp. Supply 6-15 6-30 75c (quar.) Products 6-15 1 50c Steamship Co $25c 1 6- $1.50 (quar.) Home 6- 6-15 12 Vic Co. Leather & preferred 2 40c _ American Heating Corp. (quar.) Equipment Co.,__— ..5% 6% $2 5c (quai.) Knitting Wool Hide 50c Reclaiming Co., Inc.— preferred (accum.) Metal Ut'Ca & $5 Hawaiian American — Extra Victor American 6 1 7- 40c (quar.), & 6-1 5-28 ' 1 $12 Vic 111111" I"" I_I" "I 4% preferred (quar.) 4(4% preferred (quar.) 1 6- 10c Inc., 7% 1 2 25c ... Electric 6-15 . 87 Vic (quar.) (quar.) Growers, & 20c Upson-Walton Vapor 8 7- 5-28 5c Upressit Utica 6- 1 Gas 66- 7- $1 6-21 Bangor & Aroostook RR. Co., $5 pfd. Hydro-Electric Co., common 1 6-28 35c 40c Ltd Steel T 6-15 u Co., 6-18 6-15 $1 (quar.) (Joseph) 5-15 2 IIIIII Mills preferred 7- 6-11 Bangor 6-15 (quar.),.,. Inc com. Fruit 6-30 5 6-29 87 Vic (quar.) American 40c convertible Sugar Lines, Co., American Class & Export Felt preferred 5-31 6-15 8- 6% 6-15 1 6-15 +25C — Rubber 7- — . RR. class preferred S. $1.40 American 1 Circuit— 3torage Co., B 7% U. Jersey Cold Foil Class 8 6- 15c (quar.) investment New S. S. American 6- 6-14 Funds— Income United U. 6-30 6-29 $3 Co. Theatre preferred AU 7-10 v—-- Artists 5% United 8 7% 6-12 ~ common Porcelain Bancroft 5-25 6- Paper Baltimore ,5-15 $2.50 T.), Inc. (quar.) Wilcox Co & '6-15 A'6-21 Mi Corp Inc., common (B. Badger 5-25 9 6- participating pfd, American European Securities Co 8 7 Vic (s-a) B United 30c $3 (quar.) Co. 6- 3 9 6- 6-15 Corp.— (accum.)... 40c (increased quar.) Corp., Ltd., class A Mfg. Amusement Clas3 U. Co. 7- Colortype Co. (quar.) Cyanamid Co., com. American District Telegraph American Electric Securities I; 6-15 6-27 6- $3.50 , (quar.) preferred Paper Corp. (quar.) of Canada, Ltd. (increased i_ Union ■ $1.50 common 3Vi% (quar.) Union preferred Cigar, & American (quar.i— Louis of St. 6% Cigarette American (quar.) Insurance American Inc.— 6-15 50c 6-18 Tov/ne Securities Corp., $1.75 prior pfd. (s-a) Town send 50c ' 6-18" Co., 6-15 ' 25c — 6-23 (quar.) Corp. Co (quar.) 2 7- 35c General Travelers 5-26 1 Cable 7- (quar.) series B Construction & 6-11 & 10- ■ 6-29 (quar.),—— com. pfd. conv. Realty Quarterly 50c 1 6-29 $1.75 $1.75 Extra' 5-2d $4 Inc., (initial Tisliman 6-15 25c Markets, conv. 6- 25c 4% preferred (quar.) Thevmatomic Carbon Thorofaie 6-15 —_ Chain American Chicle Co. 6-15 2 3c 15c (s-a) Babbitt Babcock 7- — A 2 $1 (quar.), Collieries Foods, Class 6-26 7- ■ C% B/G Co.— 50c Cos., Ayrshire 2 6-15 7- 7-16 7- Alarm f; 6-29' 6-12 $3 (quar.) Avco Manufacturing Corp. (quar.) Avondale Mills (monthly) 5-29 7-16 1 (s-a7ZZZZZZZZ pfd. 1 1 6-19* $1.25 (quar.), (quar.) Atlas Powder Co, Auto Electric Service 4* 30c $6 Refining Co. Fire 8- 8c (Ga.) 6"6L ' pfd. Corp. Corporation Automatic 4* 75c (quar.) 7- Atlantic Atlas , 30c (quar.), (Conn.; (increased) Co., common 4% 1 $2.50 Co. RR. Atlantic Gulf <k West Indies Steamship Lines 5% non-cumulative preferred (s-a) Oil ' $1.25 7 Realty 1 6-30 u (quar.)~r 8 Atlantic 1 7- Ry.— Co. 5- Atlantic 7- 75c Fe 1 6-14 6- 7- $1 $2.50 Co. 6- 2 $1.50 J (quarj, 6- 50c $25c (quar.),, Instrument Line 6-11 $1.75 Co. Telegraph 6-16 7- Co.—" (s-a;_, Ohio 5-15 $5c Taylor A: 5-15 25c Co. preferred 8 $1.25 Foundry 5% Atlantic 93Vic (quar.) Board Car Investment Atchison, Topeka & Santa 8 Inc (accum.) 9 (liquidating),., Corp., com. preferred A American 7-15 . , Ltd 5% 1 6- 5-21 5 Industries, (accum.) preferred 7- 2 Barge Line Co 6-11 7- 6-15 6-30 6- preferred 7% 6- -— 6-15 6-29 $6 Associates 130c (quar.) 6-20 5 6- common 15c ^ Corp., Bank 5 6- 6-15 35c (liquidating) Y.) (quar.) 30c 62 Vic — Co.— (quar.) Supcrtest Petroleum Tamblyn (G.), Ltd. (Del.) 6- 7-20 75c , <N. Bakeries American 10-15 1 Co. American Y.) Arch 6-15 6-15 Picture 50c Inc American Co.— (quar.) 5% preferred (quar.) Sundstrand Machine Tool Airlines, Telephone & Telegraph 15c Spring Corp.. Associated 75c Co._. Cement Electric, Ltd.,, Amalgamated Leather Cos., Inc.— 6% convertible preferred (quar.) American Agricultural Chemical Co. 8 Associated 81 Vic * Amalgamated 6-20 75c (quar.)— preferred 6- 2 Motion 5 75c of Co. Associated 6- 6-15 40c 6-20 Holder* Payable of Rea, 25c 6-14 1 When Share (quar.) 7- 75c 50c . (quar.)— common preferred (quar.) Sugar Co. (quar.) Portland 2 7- Aspinook Corp, 6-20 5c America, com. (increased) $3.75 preferred (quar.) Aluminium, Ltd. (increased quar,). , 6-11 7- 25c .,, (N. 6-20 $3 (quar.) (quar.) Securities preferred 7- 15c v. Electric 2nd 50c Co., Per Name of Company 8 50c Mlg. Amalgamated Alpha 6- 30c (quar.; convertible Aluminum Inc Corp. 3'A% 6-30 20c (quar.) (quar.) Inc. ——- 6-30 7- Inc. Monday, June 4, 1951 , Holder* Payable 0) Reo. 50c Corp., common (quar.),: Products Corp. (quar.)—— 7-16 10c Equipment (quar.) • 8-15 $1.50 Corp. Stores $40c common— com. Stuyvesant Insurance Co. $4 6-14 $$1.50 (quar.),,— Products prior preferred Studebaker $1 6-13 6-30 — (quar.) (quar.)— fitokely-Van Camp, Inc., 5% 6-28 — Co., Ltd. preferred Springfield Fire & Marine Insurance Co.—• Quarterly ," Standard Milling Co. Stanley Home Products, 6% pfd. (s-a),__— + 6-27 25c (quar.) & Laboratories, Mills, Inc. 12 Vic Southern $6 6-15 $25c (quar.)_ Ltd Extra 6% 2 When Share Alleghcny-Ludlum Steel (quar.) Southern Advance Per Name of Company Payable of Reo. Gas— Common I Holder* When Per Name of Company ' South Carolina .. „ ~40c. $1.75 1 ; 2 6-20 6-15 20c 5-18 7- 2 6-12 > 2 6-12 , , Volume 173 I Number 5017 . . The Commercial and Financial Chronicle . 14 -J Per Name of Company Budd Company, Buffalo Share (quar.) & Class Ltd., Co., B class 1 7-12 6-11 5-17 City Products 7- 9 City Railway 7-27 7- 9 Jllc 6-15 5-26 Clark $1 Burrard Drydock Co., Ltd., class A (quar.)__ Adding Corp. Terminal Bush Butte Machine 6-29 5- 7% Zinc Copper & _ pfd. (accum.)___ (increased) Co. Butterfly Hosiery, Ltd., common.. 7# preferred (s-a) California Electric $2.50 $2.50 .' preferred s 5.%% f ■ $3 Ink Co. 1 (quar.) Calumet & Camden . 5%% Class - t A 1 Chemical 7-13 7% $4 second 9 1 1 Coca-Cola 6-15 6- 1 Coca-Cola 7- 6- 9 Cochran 5 2 6-20 6- 6- 5-21 4 7- 1 2 >4V4% 6-15 5-28 5-18 Colt's 5-30 5-19 - 6-15 Co., 130c 7- 2 J$5 7- 3 t50c 6-151 :. 6-15 6- Co. 5-15;. (interim)™™ 6-15 Conde 5-31 Confederation Nast 1 9 5-25 Co. ;25c pfd. 6- Distillers 6- Dixie 6- 8 6-14 5-14 12-14 11-14 Common -Canadian Food Canadian ' Class A Canadian Ingersoll-Rand Canadian Malartic -Canadian Motor Quarterly Quarterly Co., Ltd Mipes, Ltd Gold Lamp, 120c 9-15 i$1.12% 7-14 6-29 jioc 7-16 6-18 110c (quar.) 10-15 9-17 ; Common Wirebound class A (Philip) Mfg. Co., preferred (quar.) Corp. 25c (quar.) . ord. (interim). ord. (interim). Corp., preferred Case (J. 7% I.) Co., Caspers Tin Catalin Corp. Castle & Co. of 12%% ... Co. Central Steel Central Vermont 1 Co., preferred 4vl5% preferred Champion __ Continental Stock 5 Copper 6- 8 I" 2 6-15 6-30 6-18 •6-30 6-11 7- (quar.). 2 6-11" 2 6-11 2 6-11 6-30 6-20 25c (quar.) 7- y6-13 6- 1 //YYyHHYYY Service Chemical Fibre & Chesebrough Mfg. Co. Chicago Corp., $3 1 6-15 1 6-15 6-14 6- 1 15c 6-15 6- 1 6-15 6- 1 75c 1 5-11 7- 2 6-13 Y - 1 Co. 6- $1.12% 6- 5 5-24 6-12 5-23 (quar.) com. Ltd Trust 77- J0c (quar.) ' ; (N. Y.) (quar.) f45c 50c (quar.) (Consol.) 20c 50c (quar.) com. preferred conv. Co., L (quar.) Chesapeake & Ohio Ry., 3%% 1 (quar. I Wines, Bank i $1.04 12'/2c ; (quar.) Paper & Chateau-Gai $1.19 ...—J _ 87 %c (quar.)- preierence 75c 7- 6-15" 1 6-20 6- 1_ 1 7- 6 '6-25 6- 4 8- 75c 50c 7- 10-15 10- 14 50c 12-18 12- 3* 62'/2c (quar.)- 7-16 50c conv. 6- 6-29 5-15 1 class A (accum.) $2 class A (accum.) $2 class A (accum.) Chicago 5% Great . Western preferred Ry.— Products Chicago & Southern Air Lines (irreg.) Chicago Towel Co., common (quar.) conv. pref. Oil pfd. (s-a)— Securities, common preferred (quar.)« - Gas 4% preferred 4% Electric 5-25 Ho 6-13 0-30 6-13 6-15 6- 1 $1.50 6-20 6- 5 6-20 6- 5 7-16 6- 6 $2.50 $63 $1.75 7- 2 6-15 7- 2 ,6-12 • Crompton & Crown $1 A $2 preferred 6-20- 7- 2 6-15 $1 1 9-17 Crown Finance Crown Zellerbach Nest Crucible $1.25 $1 6-23 6- 9- 1 8-19 6-11 5-11 8 2 6- 6- 5% conv. Crum & class Corp., 6- 30c 1 7% preferred preferred Curlee (quar.~)~ 4%% Curtis 6-14 9 5-21 20c 6-11 5-18 40c 6-11 6- 62 %c (quar.) preferred class A Cutler-Hammer, Inc., Extra 6- 6-20 Dan 6-11 5-28. 7- 6-18 6- 6-15 5-28 50c I" 6-22 6- 4 6-15 6- 1 $1.25 Mills, Inc., B David preferred & (L. A.) 6- 2 8 Frere, 6-22 41 6-14 El 2 5- 6- 2% 6-30 6-15 6-30 6-15 6-30 6-14. 8 7- 9-28 & 2 (guar.) , Electro Corp. of 2 shares 1 1 6- 8 7- 1 6- 8 6- 5 5-31 6-28 : 6- 5 6-28 6- 5 9-28 9- 5 50c 12-28 6-15 6- 6-15 6-1 7- 2 $1.12% 7- 2 6-30 6-20 12- 5 1 HII 7% - Class B 7% preferred 8 6- 8 6-11 5-25 6-11 5-25 1 $1.50 6-15 6- -Or 6-15 6- 1 ; 7- 6- 8 1 ~ $1.75 1 1 $150 7- 1 6- 8 40c 7- 2 6- 5 7- 2 6- 5 _ $1 50 ~ * $1 H 75c (quarJ™ % 12%c 125c 6-22 7- 6- 8 1 6-15 6-20 6-1 6-15 5-16 $3 6-29 6-15 < 30c Sl.OG'A (quar.)__, 6-12 5-31 , 7- 6-20 , 1 6-13 5-26 50c IH (quar.)__; 6-15 5-28 7- 2 6-11 7- 2 6-21 6-15 5-15 $1.12% I (quar.) ' ' 4oc \ $2c _ Florida Power shares 100 7- 2 6-14 25c 6- 8 Co. f: 5-18 dividend) (stock the & Light held) 6-30 ' 5-31 SEC /%■ Corp.— 6-15 6-21 5-31 25c (quar.) 6-28 15c (quar.) 6-30 6-18 6-18 5-15 6-30 6-18 62%c 7- 2 6-18 683/4C HHH 7- 2 6-18 70c & Co., 7% Erwin J25c 6-30 6-15 6-15 Ewa 6-29 6- 5-28 5-16 / common 7- 1 5-21 7- 3 Co. Products, Inc Railway Motors Falconbridge Nickel Mines, Ltd.^ Falstaff Brewing Corp. 4%% Fanner preferred 6-156- 1 6-11 6- 1 6-15 6- 1' 6-29 6-15 ^ 6-11 5-31 50c * 6-18 5-25 9- 8-10v $1.25 f, 12- 1 11- 9 6-15 6- 1 25c 7- 2 6-20 25c 7- 2 6-16" 30c 12%c : 1 (quar.) Players Canadian Corp,. Ltd. (quar.) Mfg. Co L__ 6- 6-15 5-31 $5 4 6-15 30c Fairmont Famous 6-15 6-15 $1.25 (North Plantation 6-15 2 87%c (quar.) Fabrlcon 25c 2 7- 25c II (quar.) Carlina) (quar.) Eversharp, Inc., 5% pfd. (quar.)_ 37%c 7* 6-29 50c Manufacturing Co. Mills 5-23 35c (increased)* (quar.)____„ Ero 1 8 6c gtd. $5 preferred A 1 6- 35c (quar.) 7- 5-23' ,$1.75 $5 preferred A 6r 6-27 ' 8 50c common 7-16 6- 25c (quar.) RR., 6-27 60c Equipment Co. Inc. 7-16 25c Empire District Electric Co., com. Emporium Capweil Co 6-11 9 6- 1 < , (quar.) Railroad 6-26 1 75c 8% preferred (quar.) Emerson Electric Mfg., Pittsburgh €- 5 77- J : — Fund, C-15 3 6- Railway— (s-a) _____ & 6-25 6-»15 50c (quar.) preferred Equity 7- 2 5-22 i5C Erie 50c 5-18 9 25c I (quar.) 6-16 12 %C 6- $1 121/0 • 6% 2nd preferred (s-a) Emerson Drug Co., class A 6-30 t$2.50 HH common- HHI preference 1st 7-10 $1.25 6-15 ' 6- $1.25 __H common 6-16 Canada— 2 6-15 4oc Derrick 8 7- 6-30 Ely & Walker Dry Goods Co.— %C 6-30 - 6-15 25c preferred 7%c - 6-30 25c Watch Emsco 6-20 5-22 5-26 8 25c Corp. Erie %C 5-22 7-10 6- 25c _H (quar.) Share each Company, 5%% 7- 7-10 1 " 5c Extra 5% 9-15 c> i5c Co of for National Elliott •6-15 10- al5% a21' Quarterly 6-15 7- 40c (s-a), Deep Rock Oil Corp. (quar.) Dejay Stores, Inc. (quar.) (annual) IHlH 1 Refractories & Abrasives Electrolux 9-14 6-29 50c H,„.„!*!!! 11-23 -in,. Subject to the approval of 20c Securities Auto-Lite (2 2/10 - 6-15 37 %c Dayton Malleable Iron, common.-...-. 5% preferred (quar.) 8-23 5 (interim) & 25c II—HI™ 5 Co 50c H IIHI III III 9- 12- common Gas Co. Bend 10c Corp. Natural Mines, Ltd. Boat t25c pref. Paso Electric 35c Extra 5% El 1 $125 (quar.) Electric 75c common 5-23 HII common Electric $1.75 (quar.) 5 (accum.)___; Electric, 6-13 $1.12% __™ 6- Corp preferred 5-15 $2.50 IHHHI H I 5-23 2k 41 (quar.) 5-22* $1.12% H._II 5 Works 2 $1.75 Co Chemical Paso Oil 7- $1.75 (quar.), 6- 6- HIIIIIIIH HHI —____IIIIH Street A Corp., preferred Dorado Elgin (quar.) 6-15 6-10 6c (quar.) 5-31 $1.25 (accum.) 6-29 25c ' (quar.)____ Steel series Paper 41/4% i$2 H 101/0 $1 25 Corp., Ltd., ordinary Eddy Paper Co., Ltd., class A Eddy Paper Co. (irreg.) Edison Brothers Stores, Inc., com. 6-25 6-15 5-18 8 -HII™- Ecuadorian El 4c A preferred Eaton 4 6-12* 7-10 * 6- (quar.) ■4 6% prior preferred (s-a) 5-25 $2 Ltd., class A «i f 7-10 7-25 HUH (s-a) Massachusetts $4.50 .1 30c 7-25 , ioc preferred 6% 6- 7- 2 87(40 (quar.) common Malleable Iron Co. common (quar.) 5-23 85c $1121/0 " States Corp.— 30c Y (monthly) 6-14 common (quar.)_, Eastern 6-11. 25c 4Va% preferred (quar.) IIIIIHII Dansker Realty & Security Corp.—" ■ Class A (monthly) Class 6-15 _ Co. Stainless 75c st. River 1 $6 preferred series B (accum.) Eastman Kodak Co., common 1 25c Co. Mahanoy RR. 6% 6-20; 25c I-IIHII common 1 7- 25c _ (quar.) 65c (quar.) 1 6- IIIIH Company, Inc .$7 preferred 6-28 25c V __ - 1 7-15 40c "(quar.) Company Picher Elder (quar.)__ 6- 6-12 " Products Eastern 6-11 20c $1.31%' Curtiss $2 Eagle 6-14. 6- H Companies, Inc Curtiss-Wright Corp., common $2 class A (quar.) $2 class A (quar.) 6-12 deposit recpts. for ordin'y Eastern 6-28 6-28 Works— Publishing Co., $7 pfd. prior 1 5-28 Extra "III pfd. 6- 6-11 Eastern Gas & Fuel Associates, 4%% pref. (quar.) 15c 933%c pfd. 1 6-15 35c (quar.) Steel 2 933ic (quar.) Eastern . 50c (quar.) 5% 7- 2 6-21 ~™ Company, preferred East 75c (quar.) Co., 4%% preferred (quar.) a.) preferred Duraloy 5-16 (quar.) Clothing 7- 2 7-16 6- Inc., common preferred (quar.) Electric Mfg. Co.__ Bonus Cuban-American Sugar Co. 7% 7- 7-16 6-21 (quar.) Dunn 5-16 common pfd. 7-16 2 Nemour* & Co-» preferred of America— 8% 5-31 6-11 $1 2 Bradstreet, Amer. 6-15 6-14 5 6-15 '5c Durez Plastics & Chemical (quar.) Duval Sulphur & Potash Co. (quar.i 100% 1 6- 6-15 Durlron 6-14 6- 3 7- 1 $1.20 3 7-16 7- 6- (quarJ.HIIIIII 7- 7- 35c 6-15 5-21 (stock Forster, +25C 50c 6-15 2 7- 3 $175 6-15 7- 1 115c HI 5-25* ■ 5-15 8- eoc (quar.) (C. 5-18 6-15 •'$175 (quar.) & 6-16 6-15 — preferred 5-17 7-16 (quar.) 6-29 10c 5-31 4? Il2+v!e (quar.)___ preferred 6 5-17 50c A. 5%- 7-13 —I 7- (quar.. 6-15 7-16 Co., Ltd 1 5-31 Rl'Ac 7-2 6-18 dividend) preferred (quar.) 8- t$2 H_II 933/»c 10c (initial) 7- 6 Dunlop Rubber Co., Ltd.— 5-21 I A S. 5% 8 (Toronto)— (increased)— 1 (q«ar.) (quar.) U. .—_— 4%% 8 2 50c Coal Ltd., Dunham Co. Loom preferred Duncan _ Co., Inc. Co., Pass Steel Co. Common Debenture $4 5-31 7- (quar.) Crow's 6% 10- 5-31 6-15 7- Publishing Co, iquar.) International Corp.— (quar.) Crown Cork & Seal Darling $1 . 5% preferred (quar.) Cities Service Co. guar.) Cork class Davison (quar.): (quar.) —: Cincinnati, New Orleans & Texas Pacific Ry, _ Corp. 8- 137%c preferred (quar.)_ 7% preferred (quar.) dc 5-11 6-15 $1.13 Crowtil-Collier 5-28 5-16 5-28 62 %c (quar.) Knowles 6-11 6-25 J25c tine (quar.) $3.50 Dun I (increased)™™- common 3 7-16 ~ $4.50 $1.13 com. A • 1 (quarljUII (quar.) Co., common preferred Petroleum 6-20 Co.— preferred Common 1-15 / 75c $1.25 $2 _ & 6-15 25c - Christiana Cincinnati 7-20 $1.75 (quar.; Corp. 6-15 25c Chipman Knitting Mills, 5% Chrysler 6-15 6-28 40c ' . (quar.) Cotton 5-31 6-28 20c ____** . Chickasha 8 30c $1.75 Chicago Rivet & Machine Co. (quar.) Chicago, Rock Island & Pacific RR., com— 5% preferred A (quar.) 7% 6- 6-22* 30c Molded Company, 3%% Creole $4 Extra 7% 2* , (accum.) Chicago Medical Arts Building— Chicago Mill & Lumber Co. (quar.) Chicago Co. Steel Cuban Tobacco Co., Chicago & Eastern Illinois RR.— $2 Range 1 7- (quar.) 50c conv. Crane - 6- pfd. (Dei.) Coty, Inc. 7- 2 5, Products Co. (quar.)_. Corroon & Reynolds Corp., $1 pfd. A Petroleum Corp. (Increased) 7- 5% 6-15 6-15 $$1.20 Co. 7- t50c (Allen B.) Laboratories, Inc.— preferred (quar.) 5 5 Cosden $1.15 7- 35c Cornell Wood $7Vic 15c 50c IIII IIII__H 6-14 ±20c f$1.12% ^ 6- Corp 6-30 Du Mont 6- pfd. (quar.) Cornell-Dubilier Electric Corp., --$5.25 preferred (quar.)_____ 1 6- Hill Oil Copperweld 1 5% 6-15 $1 dividend 6- 30c j 8-18 20c ; Motors 1 7-30 FVxetrHHarriS C°" (qU8r,) 2 6-30 1 6- 5-28 9- ' Y 6-30 Insurance 6-20 6- 6-29 ; 15c 7- 6-22 Drewry's, 10c Life 8 6- 6-20 J621Tt 6-15. H~I~ Cooper-Bessemer Corp., common $3 prior preferred (quar.) Copeland Refrigeration (quar.) $1.50 Inc. preferred Steel 5 6-15 _ (quar.).... Corporation & 6- 6-11 6-30 HII "" Corporation, 4% pfd. Industries, common i^xtra ~I_I iquar.)____!" Industries, IncI 6- 6-30 6-15 6-30 (quar.) 6-5 55c $1.12% _ of America Co. Copper Semi-annual 6-1 50c 3%% 6-30 25c 6-22 1 -f$i 25 com. Dresser • (quar.) 1 25c > Dravo 2 $1.12% 7- $1 (quar.)— (quar.) Ribbon Mills. Chamberlin Co. Co., 4%% 1 6- 8 6- 5-25 ~~~ 6-23 20c Co. Electric Century $4.50 6-12 75c 6- 5% common Gin • Century Co., 2nd Drug, 6-14 (s-a) Continental Y common Co. Public 4.75% Charis 6- 6-15 25c $1.75 (quar.) Wire & 6-15 Dow 6-15 ; Continental 6-14 40c • preferred (quar.). preferred (quar.)—. preferred (quar.). Paper 6-29 5-31 50c 9-35 50r (This payment clears arrears) preferred 15c IIIIIIIIH Continental 6-12 6-30 Co-I Extra 6-12 1 • ' 3.50% -Central 1 7- lOc — .4.60% . 7- 17 %c ;(quar. )_„___ Power Assurance Can Common $4 50c common 32 %c Public Service-— Illinois Maine 6-20 ' Co. preferred Central 1 7-16 ' 6- 6-15 H Co., Ltd., common 7% preferred (quar.) Doernbecher Mfg. Co. (irreg.) Dow Chemical Co., common $1.25 preferred Continental 5-23 7- (quar.) Central Hollywood Building (monthly). Illinois Light Co., com. (quar.)4% % preferred (ouar.)___ 4%, 8 — 1 ( 6- 1 7-16 — (quar.) H. Ltd., (quar.) preference (quar.) Dominion Textile Co.— preferred Co., 6-11 6-20 9-20 ±171/!? $1 5 1 preferred .(quar.) Continental Commercial Corp. 5-15 6- 6- 1 1 (quar) (quar.) Power Continental 6-29 1 6-15 7- 50c Company, Continental 5-29 6- 25c 589/«c ./Central Central 3 7-14 50c ____„... ... (quar.) Storage (quar.) Cold 7- $1.12% Ltd.. Foundry 5-25 75c Corp. of America, com. 4%% preferred A (initial). 7% 2nd preferred (quar.) Central 10-19 $1.75 Celanese -Central 1 6- 8 5-29 (quar.)—.. America—... Cooke, 11- 3 (quar;) Plate 7-20 7- (quar.) common preferred 1 12%% (quar.).. preferred 8- 4% 1 37 %c ,w_I__. __I_. (quar.) $3.75 Carson, Pirie, Scott & Co., 4'%% pfd. (quar.) Cascades Plywood Corp., com. (quar.) 3%% 6-22 ( 6- 183/4C (quar.)., $4.52 preferred *(quar.)_, Container Corp. of America— 5-18 50c receipts B 4% 2 6- 4 $1 Co. (quar.) Ltd.— deposit receipts A $4.50 5-25 5 Co. preferred Consumers 1 6-15 Ltd!— Corp. (guar.I" Water, Power & Paper pref. ' 25c Corp.__ 1 8- HI Co. Corset 1 17%c HI common preferred $3.25 Steel Consumers $2.50 6- 8- Quarterly 1 $1 deposit Amer, Carrier 6- 7- » $2 75c Carpenter"Steel Araer. 6- Gin Consolidated 6- 4 6- 6-30 10c , , 6-15 ?7 %c (quar.) Mfg. Co., (initial) common Continental 9 5-25 8 com. Paper Co. i Continental-Diamond Fibre 6-11 6-13 $1.25 Carolina Telephone & Telegraph Co. (quar.) Carpenter Paper Co., com. (increased) 4% convertible preferred (quar.) .4% convertible preferred (quar.) Carreras, 6-29 40c (quar.) com. 6- 25c (initial)— com. Carey, Baxter & Kennedy Inc. 6- 3 6-30 $1 Corp., 5-14 30c Dominion Stores, Ltd IIIHI" Dominion Structural Steel, Ltd Dominion Tar & Chemical Ltd. Common (increased quar.) ^ • 37 %c (quar.) 5-28 7- (quar.)IIIIIHIII—H Corp. pref. (quar.) Dominion Square t75c Consolidated Continental 7- 137%c Co. (quarJ Carborundum Company, new Carlisle Grocers 6-28 20c (quar.) 6- 9 20c (quar.) 5-25 shares (quar.) Ltd...__ Mines, 5% 9-10 20c Inc I \quarljllll" Corp. Corp. Utilities 6-18 Dominion-Scottish Investments, Ltd.— 12-10 10c preferred Consolidated Lithograph Ltd.— Boxes, (quar.) Transit non-eum. 3 6-15 2o0 Beneficial Domunon^Maltlng Co., Ltd., 5% preferred "Securftlesi preferred New : 9-15 Chemical Consolidated Lumber Co. ; 6-15 12-15 37 %c :__H:iH :""~~ PowcrllllllH II Industries," IncI— & 6-12 7- HH (increased) Products, 5% ;"HII 6-12 5-25 6-27 62%c preferred 4%% (Toronto)H (guar") Engineering 5% Co. 6-27 7,, _H (quar.)_ 5-31: f30c Dominion Foundries & Steel, Ltd. com. (quar ) X$2 9-14 6-11 . 9-20 XS2 9-14 1 6-15 i50c ~ (quar.)IIIH Dominion 1 1 10- 25c Dome Doeskin 1 5-28 go? 5-15 6- 1 6-15 8- 6 10- __ 6-11 6- Gas 11-24 (quar.) 6-20 5-25 Consolidated 8-25 12-15 Light - Co. ,'6-1 6-15 5 6- on, 6-30 6-15 11- 6-15 ~~ 6-11 25c Consolidated 5-30 5-25 J25c Western '5% 6-15 6-15 A Doehler-Jarvis 1 11-15 ic Beneficial shares 17 %c Consolidated Edison Co. of N. Y., 6-14 6-28 Dodge & Cox Fund. 6-19 ■*""*?", Ltd., $2.50 6-13 f25c Refractories. 4%% 1st pfd. Carey 2 Dobeckmun 5-25 Class 70c $1.50 partic. pref. class A (quar.) Class B common (quar.) Consolidated Diversified Standard 5-31 12c __ Common $1.50 2 135c u Canadian Canadian 7- 1$1 Ltd Canadian Capital 7- (quar.) 1$1.12% Co., Ltd.— (quar.)—— 5-25 6-30 (quar.) 50c common 6-12 1 8-16 onr. Construction, Ltd Co., 1 8- Me _ Corp.-Seagrams, Ltd. Cup 5 53 Vac I Consolidated 1 1 6-20 Car 6- (quar.)I Inc. 6- 6- Co (increased)Hill Co. 9- 1*2 Connecticut Machine Ice 1, 6-15 Association 1 6-15 6-15 230c (quar.HHIH Corp. Motor 6-14 22 %c Extra 8 6-30 J85c Products, 4%% 6-30 185c T 2 6-15 5-31 vtc. 6- Company 7- 6- 6- , Di-Noc Disher 3teel 6-15 6-30 1433%c Diamond Alkali Diamond 6-30 Inc. 6- 6-15 6-15 *j- Stores 6-14 Connecticut Investment Management Corp.— Semi-annual com.— 6-18 9-29 10-10 6-11 Ltd., 2 $5 7- 3 Co., 7- 10-15 15c Life 6-20 6-29 Class B Diana $1.20 (s-a) Congoleum-Nairn, Dock 6-18 I Co. 5-31 (quar.; 5-25 6-11 (quar.) Insurance (Ky.) (quar") Service Co. (quar.) Publications 5 25c ;___ (Initial) 25c Co. 2 (quar.) Western RR. 50c Insurance 6 IV2.0 Giorgio Fruit Corp., class A 9 2 2 (quar.) Life 6 9- 12'Ar $1 7- Dredge & 6- (Washington". Quarterly J i.-Quarterly preferred III (quar.) (quar.) common 7- Co 5-31 preferred (quar.)_" 2 Stove preferred New Di 87 %c 5-31 $1.75 6-15 9-15 Brass South t40c HI 6-15 $1 & 7- 25c 6-15 8 6- 7- 50 RR. Harves"ter~HoHTqua7.)IIIIIIIIIIIin_ $7.40 ,j$l $60c 6-15 $1 ~ Western (Kansas) 6-25 v50c , ~ * Co. Holdert Payable of Rca, in¬ 5% preferred (quar.) IIIIIIH Detroit Mortgage & Realty Co. (quar.) Dewey & Almy Chemical Co.— 6-16 6- Corp *75c Celanese, Ltd., common.. Co. Aluminum & $1 (quar.)—. Canadian rf 7- $1 (quar.)—. 1 Canadian 5 6- ?3c B Breweries, Ltd. (interim)—125c .Canadian Canners, Ltd. (increased quar.)— V 40c Grande Detroit-Michigan 6-16 Quarterly ' Oil 5% 1 (initial) A -Canadian 1 7- (quar.) Community Public Compo Shoe Machinery Corp., 6-20 3 2 $1.75 Insurance Credit 7-25 7- 8 66- 6-14 (quar.) Mutual Commercial 7- V f$1.25 6- $1.12% (quar.) (quar.) Carbon 115c 3 1 6-12 20c I Commonwealth Life 8 from 15c Title J50c Mortgage Corp.—.—- 7- 6-14 50c (quar.) 15c HIIIIHIIIIIIH (s-a) Rio Detroit, Hillside $2 i. (monthly) Mines, Ltd. RR. & Detroit 50c (s-a) Columbus 6-15 - 6-28 Silver (quar.) Extr^ **ar<*ware ^8. (quar.) 1 25c (quar.) Class , 4 $1.12% com. Inc., Semi-annual -Class - 4 6- (quar.). Manufacturing C.) Columbian 5-31 - . 6- 6-15 Co.— <quar.)_ International Columbia 125c (s-a) & preferred 6-20 (quar.) -Canada Steamship Lines, Ltd., 5% pfd. Canada Wire & Cable Co., Ltd.— 6-15 (quar.) preferred 3 V2 % t32%c 120c > 30c $l.i2% Coigate-Palmelive-Peet -6-11 D. — 6- When Share 5-29 6-12 Plow Co., Ltd. (quar.)"1111™! Company, common (quar.) II™ Coleman 6-15 7- 75c , (quar.) Co. 5-29 6-15 Company Foil 50c * 6-11 Cockshutt 34%c ■ 75c 12 %c _ (quar.)_III preferred preferred Cobalt Lode 6- 15c _• Derby Detioit (quar.) Co. common Co. preferred 6- 20c (s-a) Denver 6-16 12 %c Cluett Peabody 6- * (quar.) 6-16 6-30 ■Extra 6-15 6-15 Copper Co Corp., Ltd. (.s-a) -Canada Malting Co.,- Ltd.— -Canada Northern Power Corp. Ltd. (quar.)_ Permanent Clorox Forgings, Ltd.— Assurance Mills convertible 6-15 Machinery -Canada 4V2% 6-15 7- 50c ; -Canada Iron Foundries. Ltd. Life Worsted *7- 137%c -Canada Cleveland 6-25 quar. 1 (quar.) ...Canada 1 27 %c Co. preferred & 6- 35c common Wyant '& Cannon Foundry Co. Canada Cement Co;. Ltd., $1.30 pref, (quar.) -Canada Crushed Stone, Ltd. (resumed) Foundries (quar.) Graphite Bronze Quarries Co. y8- 6-30 $1.50 preferred 25c Burlington Co. Ry. Canada Cleveland 28c 27c Campbell, » Cleveland 8* 6-15 75c Co., Consolidated convertible $4.50 6-29 6-15 $1.50 Illuminating 6- 7- _____ Forge Co., common Camden . Electric Fund, profits Delaware ; 5-15 6-15 6-15 6-12 (quar.)_ Company vestment income and 10c from investment 7-1 6-30 com. 1 7- <quar.)_ Utilities Hecla Cleveland 5-28 62 %c (quar.) 7-30 75c Service . 6-15 Delaware $1.25 Co., tip m Name of l (quarjT—II Co. 7- 6-15 62%c _ preference (quar.) 5Mi% preference (quar.) Water 1 y62c 5% California 6- Iron preferred $4.50 Clinton Foods, Inc., (quar.) Pacific 6-15 25c (quar.) California Cleveland-Cliffs 6-15 Co.— (quar.) California 5-18 2 6- $1.37% common 7- J25c ; preference conv. preferred Co., 5-31 4 6-15 I (quar.) 5% preferred (quar.) Clayton & Lambert Mfg. $1 preference conv. *5.60% Equipment 5-11 f$3.50 ___ (quar.)__ preferred preferred 9 50c (quar.) Power lion-cum. Holdert Payable of Re0, 15c 20c (quar.).. iDayton) com. 6- $1.75 __ __ C. J. T. Financial Corp. Calaveras Cement Co. 6% (s-a) Corp. 30c (quar.) (quar.>__ Bldgs., 8- 20c class A Co. 5-28- When Share 7-27 5-15 6 6-11 $1 preference A Burrlllville Racing Association, Burton-Dixie Company j50c 37%c common Burroughs Per Name of J25c (quar.) Corp. preferred (quar.) Dredging Ltd. (Interim) Bulolo Gold Holdert City & Suburban Homes Co. City Investing Co., common 5%% preferred (quar.) 40c Bullock's, Inc., 4% Burns 6- t50c common Eclipse When Payable of Rec. 6-15 6- }25c 6-15 5-25 5 4 $0.185625 7- 1 6-11 ?30c 6-23 6- 37 %c 6-14 6- 1 8 . 48 The Commercial and Financial Chronicle (2332) per Metallurgical Faultless Federal (irreg.) Corp. (quar.) Smelting Co.—, Grace I Company (W. R.) 6-15 0% preferred 1 6 % preferred 6- 5-28 6% 6- 1 8% preferred preferred (quar.) (quar.) class A 37 Vic (quar.)—, 8 6-15 (quar.) 6-10 $1.50 $1.50 $2 — . 9-10 ,5-26 8-27 11-20 5-28 8-27 11-20 5-28 8-27 11-20 6- 8 5-21 5-18 5-29 12-10 6-10 ■ '' Extra ; Corp. Products of Canada Ltd. Fibre Field (Marshall) Clas3 A Class 8% preferred class B (quar.) $2 $2 $2 9-10 12-10 8 % 6-15 6- 5 8% 6-22 5-31 preferred preferred class class B B (quar.) (quar.) $2 $2 9-10 12-10. 8% Granite Gray Industrial of Stock Fund National Stores, First National Stores 6- 5 Great 6-15 6- 5 Great Lakes Terminal Warehouse Great Great 7- 2 5-28 7-13 6-26 York class conv. Flintkote Company, common Great 1 6- 9 $1 (s-a) (quar.) A 6- 50c 7- 2 6- 8 $30c $2 Corp., Ltd., 7- 1 6- 6 6- 9 5-26 50c (quar.) Florida Power & Light Co., common— $1 6-15 6- 35c 6-29 6- Florida 30c 6-20 6- 5 Power Corp. Food Foote Burt Foote 6% Ltd., preferred Inc., common Foundation of Co. 5 Greyhound Corp., common 4 V* % preferred (quar.) 6- 2 Griesdieck 5-11 Western stock series Industries the Gulf Common (quar.) 6- 1 Common (quar.) 6-15 5-15 preferred $5 6-29 6-20 8c RR., common Gulf 6- 6-18 2 v'v-Wyv;/1'/// $1.50 6- 6-27 15c 6- ' 6-20 ' Common 9 preferred (quar.) 30c 6- 9 5-18 preferred (quar.) 30C 9-10 8-20 4.64% pfd. Utilities, preferred (quar.)— 30c 6-20 6- 2 Halliburton Gary (Theodore) & Co., $1.60 1st pfd. (accum.) 20C 7- 1 6-20 Hamilton $30c 7- 1 •6-1/ Extra 6% Garrett 12-10 40c Corp. Class A 11-19 ' Gatineau 5 7* Power preferred 5 Vz % preferred Gauley Mfg. 6- 1 Hamilton 1 6- 1 < 8 5-21 37'/2C (quar.) General Corp., Baking Co., $8 pfd. General Box Co.— General Cable Supply, 5% Corp., common 47* 1st preferred 47* pfd. (quar.),,—. General Motors $3.75 preferred $5 preferred General 67* : Railway 67* General $2.25 (quar.) common - __ Products 4'/2 7* Co., Gillette Gisholt Portland B Glidden Globe Hazeltine 30c- 2 6-12 Heileman 2 6-12 Hein-Werner 6- Extra 7 Heinz 6-11 6- 7- 6-21 6-20 7- 6-15 New 7- 6-15 Hercules 66-30 6-15 6-28 6-15 8- 7- 1 6-15 7- 6- 2 5 6-20 A 10c common' (quar.) ; preferred (quar.) 6- 1 6-12 6- 1 6-12 6- 1 6-30 second preferred redemption on (entire June 18 issue at redemption share Globe 50C 7- 2 6- 1 7- 2 6- 1" $1.49 on June at 18 $100 Globe Steel Union, Tubes Godchaux Sugars, $4.50 Goebel 5-31 5-21 6-21 6- 6- 2 9 Brewing Co. ! (quar.) $1,121/2 ■■ (quar.).. & Goldale Stock Mines, Goldblatt Telegraph $1 10c 7- 2 6-18 Ltd. Brothers, Inc. 6-12 $5c Gordon Mackay Stores, Ltd., Class B (quar.) com. (quar.),, Mfg. Co. Government Employees Insurance Co. Grafton & Co., Ltd., class £ Class A (quar.) Class Grant A (W. T.) Company, com. 6-30 66- 7 6-15 5-15 6-15 5-15 $12 y2c 6-15 7- 3 6-19 .8- 1 7-18 6- 1 5-17 5-29 7-15 5-15 5-15 6-15 6- 30c 6-25 6-11 6 6-11 7- Oil 1 Humphryes 6% Class B Inc ' 7- Participating Electric, Light : 4.80% 7-10 6-15 10-15 9-15 6- 3.30% preferred "7-18» 10-19j 25c Power, J 11- 1 35c (quar.)— 5-25' 8-25 11-26 37y2c 7- 2 6- 5 933Ac 7- 2 Huttig Sash & Door Co., 5% preferred (quar.) 5% preferred (quar.) 6- 5 (quar.) 7- 20c 7% $25c preference "B" {'C" Sulphur 3 5-31 v xiy4% 7- 3 5-31. 6- 8 31V2C $1-25 ■r 6-29 $1.25 5-18. 6-15 " 6-29 < $1.25 . 7- ' / 6-15) 6-15 1 5-31. 6-15' 1 75c 6- 6-20 8}X 6 1 7-18 75c 6-11 25c 6-11 ' 5-28 5-28 8- 933/4c (reduced)— , r 6- 6-27 Corp. »•* 6-15 7- $2 $1.25 Co, common (quar.)— preferred (quar.),,, Johnson 5-31 . 7- Jewel Tea & 4 5-31 - 4 7-3 .. (quar.) Co. 6- 5-31/ xiy4% — Lake 6-15 7- 3 , xl3/4% , c- ,5-25};. --7- 3. $$1.75 preference preference <5% 2 6-11 . , 6-15; 5-25 2 7- 82'/2c (quar.),, Co. 10-19 :«;6-15) 6-26 50c Trust 2 ,7- 2 (quar.) Irving 2 Inc, & Jones Machine 6- 5-25 1 9-29. 1 7-20 • 8- 1 7-20> i 11- 1 10-20 11- lt 10-20> 6-8 6-1 7-1 6- 25c 5-29. 3c 6-15 6- (quar.) 62j/2C 7-2 6-20 (quar.) 32V2C 5-31 5-15* 6- 5-29 7- 5 6-16; 30c 6-30 6- 6-25 5-31' Kalamazoo 15c 6-26 Kansas 40c 50c 7-10 Kahn's *(E.) $4 $6c 6-29 6- 62'Ac 6-12 5-25 $1 6-30 6-15 1' Sons Co, Aluminum 5% i preferred Chemical & — Corp. Vegetable Parchment (quar.) City Power & Light, com. (quar.), preferred (quar.),,,,— preferred (quar. Kansas 4% City Southern (quar.),, 40c 6-15 6- 8 6-15 5-15 6-15 6- 6-10 5-18 Katz 5 (quar.),, 5-31 6-30 7-2 $1.07 Co, common i2y2c _• • (quar.), $4.50 -preferred Kawneer (quar.) 5 Kayser 5 5- 1 6-27 40c 6-20 6- 1 6- 8 & Kellogg Company Kelsey-Hayes Wheel, 6-15 6- 7- 2 6-15 10- 1 9-15 B 50c (quar.) " . Kelvinator (quar.) of 1 7-16 7-2 6-1 Kendall 6- 5-31 Kennametal, 6-20 6- 56Vic 7- 2 6-19., 20c 6-9 5-19- Kerite 5-31 5-21* Kern - Canada. Inc. Ltd^ $25c • ^ .-.—.— (quar.) 75c Ltd 6- 9 6- 9 5-29 12Vic 6-25 6-15 - Land common 6-11 5-11 $1 6-11 5-11 30c 6-30 6-19- $1.50 (quar.) 6-30 6-19 $20c 7- 3 6-1.5* 7- 6-15 3 $$1.50 7- 3 6-15 50c 6-13 6- 1 $1.25 common 6-30 6-19 $1.25 „ 9-30 9-19 $1.25 12-30 12-19 7- 25% 6-15 6-15, 6-15' 1 6v 5 6- 1 25e 6-20 6- 9 $1.25 6-29 6- l' 25c «—.» CO 6-15 5-23' 6-15 Mines, Ltd. 6- $1 —---—r---— *■ V 5-15 5-31 1 7-11 75c 8- 35c Keyes Fibre Co, class A—_—— 5.50% 1st preferred———, 6- 5 6-28 $20c (interim),— ■* 6-15" <6-9 - . Company 5-29 $$1 2 2 6-20 . $1.12ya — dividend) Copper Corp—— Kentucky Utilities Co, com. (quar.) County 7- 75c (stock Kennecott Kerr-Addison Gold 56Vic 7- 7- 2 , 62y2c 8 '' • 62Vic .- Company, $4.50 preferred 1. ■ 1, class A 6-15' ' Class ' 6-15" 6-29 87 Vic Kellogg Co, 3V2% preferred (quar.) 3x/2 % preferred (quar.)r__________,_____ 9 9 6-30 • 25c 66- 5-25 6-20 9' 6- 5-31 87V2C (quar.),— Co. 6-15 8- 6- 2 6-15 40c ,. 6-15 6-30 (Julius) $1.12 y2 — Company ;(quar.) 50c 25c, $12V2c 7- - Drug 12 Vic : 8-15 6-15 - (quar.) 8-15 1 7-16 (quar.) 4.28%-preferred A 25c common, 1' 1 $1 $1.25 '7:-7* pfd. $1.06 Vi A 6- 6-20 9- ■ 4V2% 12 V2c ; 9 t 4 $1.12 y2 Ry.*, common,,,,,,,, — / 995c —„ (quar.) preferred .., — $3.80 Kansas Gas & Electric, „ 50c (quar.), r — Kaiser 1 6-10 7-17 4 1 6- ;6-15 6-19 7-27 Ltd. 6- 6-15 '» 1 50c '6-29 $5c (quar ) • 1 $2.25 20c Co * 6-1 7- $1.25 — Manufacturing v 45c (quar. Laughlin Steel Corp, common 5% preferred A (quar.) Joslyn Mfg. & Supply Co, com. (quar.),,,^ 4%% preferred (s-a)___ Joy Manufacturing Co. (guar.)— ; Justrite 6-30 50C & 6- 1 8- 3c —,. 10- 2c common — Lamson Jones 6-15 9 Co, 7- 20c 2C Royalty Extra *" 6-20 6-30 ? 20c (quar.) ; Ranch Quarterly $20c 9-15 ,7- 60c , . common 8- 22y2c (quar.) com. Quarterly $25c (s-a) 12-15 7-19! 8-1 1 Jaeger Machine Co. (quar.),,,— Jamaica Public Service, common (quar.)— 7-25" 8-15 — (s-a) $25c 5-31): 11-1 20c (quar.),,! Huron & Erie Mortgage i 6-20 6-29 25c .1 & Iowa Power & Light Co, Johnson 5 40c (quar.) class A 6-21 9C 37x/2C (quar.) preferred 3% % 6-20*' 2 6-15 50c com. Co., 1» '9-15 37V2C 6-30 50c common,, 1 6- 6-15 v (quar.),,, 6-18' $1.12Vi preferred 4f 6-20* 6- 6-15 i2y2c ; 7-15 6-20 .7-1 1» 6. 10-15 ...7/ —„ 7-1 7- 1 6- 6-20: $75c ' Co.—— Jefferson 9-29 6-21' $50c. (quar.) 6-4 10-15 1> 6-15* $1 . 6-26 1 6• 2 $75c (quar.) 6- 1-' 1 6-11 6-20 7- 50c 6- 4 6-15* 6- 6-19 : 6-15 — 6-15 7- 2 6-15 53Vic - Manufacturing preferred . 25c 6-15 5% 5-25 3c (monthly) Mining & Smelting, & Refining Co Ltd., 5-25) 6-25 58 %c. 6-26 5-15 5-29 5c (initial quar.) Materials preferred Hunt's, 6-25 15c . — preferred 7% 5-30 6- 9 25c . Field Humble 6-15/ 6- 7-13 . 50c 5-25 6-12 (quar.) Co preferred • 6-29 6-15 62'/2c - , (quar.), preferred Participating $2.50 Johnson class 5-21 6-15 (Rhode Island) Iowa r 6-30 Lighting & Power—~ Bay Fund Johnson Oil Refining Co. <quar.) W.) convertible Hudson (quar.) (quar.) ; (quar.) (quar.) 5% preference "D" (quar.) Jamaica Water Supply, common (quar.),,,, $5 preferred A (quar.),,,——— $5 preferred B (quar.),,, Jamestown Telephone Corp. (N. Y,)— '5% 1st preferred (quar.)— Jamestown Telephone Corp, com. (quar.)— '5% 1st preferred (quar.),.——__ $1.50 (quar.) $25c (increased) 6- 5 6- 8' , Johns-Manville Howell Electric Motors Co.4_______ 5-15 6-15 4Vi% . ; 15c common 6-20 '6-29 > 50c (quar.), 9iy4c (quar.) pfd. Co., (quar.) (quar.) Ltd., Inc. Oil 8. $1.25 Inc. 10% Transit Howe Sound Co., 7 6-30 $1 $25C Rapid New common Houston 6- * ■* 5-25 7 6-15 6-20 25c 6-12 $1.25 14 2/7% (quar.) (quar.) 3%% preferred (quar.) 7- 3 50c (quar.7 dividend Houston 8 $25c (quar.) 6-15 6-19 6-19> 50c Rapid Transit, 5% Statler $2.25 5-15 6- 2 $1.25 class A Gorham Stock 6-15 7- 50c •* _ Goodyear Tire & Rubber Co., $5 conv. preferred (quar.) 7- 6 25c Corp Houdaille-Hershey Corp., 5-22 6-15 12V2C Manitou Mines, Ltd. (interim) Goodrich (B. F.) Company, common $5 preferred (quar.) 7-20 6-29 7-1 7- 1 10c . (Frank Hotels 5-22 6-12 7- 2 $2c (quar.) Golden $2.50 6-ll> 6-1 6-11 15c 37Vic , Ltd. (s-a) Mining Co. (reduced) preferred Horner 8 <7-3 ' 6-11 ' $1.50 Co., Horder's, 6-18 7- 2 $1.50 ~ (quar.) 6-13 — preferred 4j/2% 6- $35c Hoover Company, , 3 25c Co, Inc.,,,,, convertible preferred Selective $1.12Vi (quar.)_ — Electrochemical $4.25 6- 8 25c 5c Gold Hooker Stores preference Telephone 25c Quarterly Honolulu convertible Investors 6-30 — 6-18 7-10 7- t25c V (initial),. com. (quar.) Investors Trust Co. ... common. Ltd.— Oil 8-15 $1 (quar.): new (quar.)___— Investors • $1 12Vic & Whitney, common,—— $4 preferred (quar.)— Home Fire & Marine Insurance Co. (Calif.) Homestake *7-16 75c Corp. of Philadelphia,. Investment Foundation, Ltd, com. (increased)1 6-11 . 6-30 - preferred 6-11- . common. Corp. 50c ?60c .7 - Co, common 6-30 - - „ .*/' Power 6-30 '* 18% Products 1 $1 10c Quarterly Inc.— prior preferred A (quar.) Class 50c . 1 12V2c — Hollingsworth 6-18 25c (quar.) . Lumber (quar.) Hollinger Consolidated Gold Mines, Ltd.— Honolulu $1.49 Co., Inc. - Quarterly Hines (Edward) per plus this dividend) Corp. Globe Steel Honolulu American 6% dividend) Co., $6 preferred Corp.— common (initial quar.) Home Oil ., 5-25' 20c $1.25 Hinde & Dauch Paper Co. (quar.) & Dauch Paper Co. of Canada, per share plus this dividend) $5 junior preferred (entire issue called for 6-11 . Hinde called $100 6% Hershey Chocolate Corp. 4V*% preferred series A (quar.) Hershey Creamery Co.'(quar.) Hewitt-Robins, Inc. (quar.) 6-15 6-11 & Rutgers Fire Insurance Co.— for 8' dividend Highland-Bell, 6-14 6-15 25c — 6-30 7- 2 56740 (quar.) 6- 30c Co., common Hibbard, Spencer, Bartlett & Co. Monthly 6-1 $1.50 class 6-30 Heywood-Wakefield 5-31 50c (quar.) 1 y6- 1 1 25C ... stock 5-25 6-14 50c (quar.) 8 — Payable in non-voting 25c (quar.) 6- Hercules Cement 1 Co, Interstate Natural Gas 6-30 50c pfd. > 6-15 Investment Co., Ltd.,,— Henkel-Clauss 7- ' Intertype Corp. (quar.) (H. J.) Company, 3.65% 5-31» $75c Co. (increased quar.) Department 5-18 Co & Pillot, Inc. (stock Payable in non-voting 6-21 9 6- (quar.) common International Petroleum 5-25 : __—— 2 6- 6-15 • (quar.)— Interstate Ltd.— (quar.) Brewing 6-20 6-6 Co, Paper preferred 6- 9 Corp. 5-25 • $5 (G.) 2 50c Co. Co. 7- 25c —,, 6-15 t 60c 1 7- 20c (s-a) convertible 7- 7- 6-28 & Sugar Co., Glass $4 4.70% u Corp. 6-15 $1.25 (quar.),. Co., 4J/2% Hazel-Atlas 5-25 $1.1272 . Cement Distilleries, preferred 6-11 6-15 25c (N. Falls Electric » 5-18* - $65c 15c Commercial Hawaiian 6-30 50c (quar.) (quar.) Insurance Co. Falls Hawaiian 1 $1.50 (quar.) pref. Corp. Glens 67* 9 5-18* 8- $1.25 ; Glens Class 7- 1 $1 (quar.) Glen-Gary Shale Brick Glenmore 9 8 20 7* Y.) 7- 12 Vic Co Harvester 1 8-15 International Interstate ___. Henke dividend Gleaner 8- 6-13 9 $iy2c .,—, (s-a)—_— 7- 2 ■. 5% Lithographing Co., common,,— 6% conv. preferred (quar.) Haverty Furniture Co. (quar.),, 7-14 40c International Products Corp. 5% Havana $37'/2c Corp.— Chemical— International Salt $1 4Vi% preferred (quar.) Hathaway Mfg. (quar.) 5c (quar.),, Machine Stock 5-31 8- 1 6-6 40c 5-17 & 5-25 Co, 9 6-13 $1.12 y2 6-15 $1.50 6-15 6- 11- 7-2 $1 6- 56ViC common Safety Razor, $5 Girdler Corp. 6-20 1 7-2 8- 3 $4 preferred (quar.)__ Mfg. Corp. (quar.) 4 Hat Corp. of America, common (s-a) $3 Co preferred (quar.) Refrigerator Co Gibson 1 50c (quar.) Cement Georgia Power Co., $5 preferred $6 preferred (quar.) Gerber 5-15* $1.50 Co. preferred Portland 5 12- preferred 5-25 Tobacco, 25 c Corp (quar.) General Steel Castings, $6 pfd. (accum.) General Tin Investments, Ltd.— American ctfs. (irreg.) Georgia-Carolina 3rick & Tile Co Georgia-Pacific Plywood Co.— Giant 6- 6-14 (quar.),,,,. 6-10 (payable in A stock) Chemical 6- 6-30 7-14 Co. (quar.)__ Ltd.——,— 7-2 stock) — 6-20 $20c preferred (quar.),,,,,,, Paints, Ltd. (Canada)— 6% 6-15 6-15 Haskelite , 4% $1.12Vi Co 4 1' $30c t40c 8-15 (quar.) Harshaw 5-25 50C 8-1 Company, common Hartman 11-12 6-13 7- 5-21 class A Winklq-Muning 1. 50c . Minerals 50c Corp., common preferred (quar.) 50c Equipment Refractories 5% 11-26 ■, 6-15 9-1 extra preferred $1.50 :/ Signal, (quar.) preferred 6% 6- (quar.),. $1 V 5-25. 2 preferred (quar.) 4y2% 50c ; 8 7- 5-31. International Nickel Co. of Canada, Ltd.— 25c ; Harniscnfeger 5-10 12c Common (quar.) in A 6- $3 Co, com. (quar.),. Ltd.,. Industries, Ltd.— > common $1.06'A (payable dividend (M. A.) Hanson-Van 1 11-12 $1.25 common,, General Portland Cement Co. Precision 4 5-25 933/ic (quar.) General 6- 11-26 $1 . Advertising Co, General 5-28 $1.25 ■ . common (quar.) Outdoor 6- 8 6-15 60c (quar.) preferred i 6- Stock Hanna $1 common Corp., 7- , r" Class A International (quar.) on dividend Year-end 6-22 50c (irreg.) General Industries, 5% pfd. (quar.) General Manifold & Printing (quar.) General Stock 5-11 $1 (s-a) Co. Corp., 2 6-15 25c (s-a) preferred C Foods 2 7- 10c : ..Year-end extra 6- 15c (quar.) (quar.) Holdings, 5-21 ; Hancock Oil Co. of Calif.— 6-22 7- 50c 15c preferred C v 4 6-15 9 Harvester International Metal 6-10 . (quar.) 4Vi% preferred (quar.) 6-22 IVi 7* preferred A (s-a) conv. 6- 2 $1 ■, _ 47* 2 6-29 7- & 62ViC preferred Hammond Instrument International 8 3-11, $1.25 Paper Co., com. 6- — Coke, International 9-10 12- 5-21 $12Vic (quar.) (quar.)___ 16c (accum.). // 6-15 Co., Ltd.-— preferred conv. 4Vi% 6-18 25c 2nd preferred (quar.) Cigar Co., common (quar.) General Contract Corp. (stock dividend),. General Dry Batteries General Finance Corp., com. (quar.) General Fireproofing 2 15c — convertible 5% 5 7- 31 Vic (quar.), General 4% 6- Cotton Hammermill 1 5 7- 4c Builders General 66- 6-15 $2 4% 5-31 6-25 15C (quar.). (quar.)— common 9 6-11 1007* Acceptance General 6- 30C (quar.) Co. dividend 1 5-23 International (quar.) 5% preferred (quar.) .Hamilton Watch Co., ccm. 7- 6-12 75c $40c - 7- 5-31 75c Co Machines Business Coal $1,10 (quar.) 6- 5-31- 6-30 Powders, Ltd, common $12V2c Co. 5-31 $3iy4c Ltd Co., * ,f[ • 5-31 6-30 1 7- 1 $15c Cementing Co. Quarterly 6-15 $20c Well $1 t$1.25 — Gaylord Container Corp. Stock Oil 6-11 6-30 International Cigar Machinery 6-15 (quar.) Bridge 2 6-30 preferred (s-a) International 30c common $$1.38 (quar.) Coal Mountain Gemmer (quar.) Co., common (quar.) Ltd., 6-15. 5-22 6-11' 6-30 6- $1.16 $40c Co., preferred participating preferred 6-15 — Brass 7- Quarterly 5-18 (quar.) 8 $40c Products Corp. Bronze $1.05 (quar.) com. (quar.) 2 6- 7-2 $$1.25 (quar.) Inspiration Consolidated Copper 7-16 100% 7. $$1.06 !4 par) 6!/2% 6-11 j, 7- $1.25 - Silica, 6% 5-16 $50c ($32 Baking 5- 6-30 +12y2c $1.06 V* Industrial 6-11 75c 6-15 6-25 International Cellucotton Products Co.— 6-30 *$1.25 6-30-52 1 a3% Ltd.— International $1.25 9-29 7- $1.18 3/4 20c 6-11: 12-28 6-15 ($25 par) (quar.) Corp. <quar.)___„, 9-10 $1.25 3-31-52 1 62J/2c Industrial 12- 8 $1.25 7- (quar.) 9-25> 9-25 9-29 $1.25 A pfd. Rayon 7-18> 12-23 Quarterly Hahn conv. International 50c Quarterly 6 % 5% Inter-City (quar.) 8 $1.37 y2 . (quar.), pfd. 6-18 50c 6 b- (quar.)— preferred conv. 6- 7 6- 7 . 6- 1 Corp.— pfd. Ingersoll-Rand Co., 6% 1 2 9- (quar.) Corp., Industrial Wire Cloth 8- 7- $3 (quar.),, 6-14 (quar.) preferred 6% B 6-1 50c $4.40 preferred (quar.) Gypsum Lime & Alabastine of Canada, Ltd.— 5-18 preferred 4'/<% 7- 2 . Corp. Power, $4.20 1 6-15 7- 2 10- 1 6-30 75c (s-a),_ (quar.)__ 6-8 _ A quar.X Co. 5% Acceptance Common 6-30 (quar.) dividend Gulf States 6- 8 6-15 15c Investors, Inc Gabriel Company (quar.) Galr (Robert) Co.— 6-29 20c Fundamental Oil Stock Gulf preferred ,4W/* Industrial , Water, 6-30 1 preferred (quar.) $5 preferred (quar.) 1 6-15 7- 20c Indianapolis Telephone 6-22 $1.25 6-15 , 6-29 e— (increased Products 6-9 6-9 $1.25 $5 (quar.), Steel 7-2 7- 2 37Vic (quar.) $5 preferred $5 preferred 6-29 Inc.— Inc.— (s-a) Ohio & 6-11 6-11 7-20 preferred non-cum. Mobile 7- 2 7- 6-15 2 Associated preferred ,$2.50 50c 5% conv. preferred (quar.), Griggs Cooper, 5% 1st preferred (quar.) 5% 1st preferred fquar.) 25c (irreg.) Inc. Loom, 5-11 6-11 $12*/2C — Canada, Ltd— quar.) Franklin Custodian Funds. Preferred 8 2 8 Indiana 25c 6- 6-30 . $1.06Vi (quar.)— com. 5-31 Interim 50c (quar.) Brewery, 6-29 6-15 (quar.) series preferred (quar. $4.75 preferred (quar. Imperial Chemical Industries, Ltd.—Ordinary registered (final) Imperial Tobacco Co. of Canada, Ltd.— 6-20 , (quar.) 7- 50c (initial common of 1 6- 50c (quar.) Fostoria Pressed Steel Corp. (quar.) $3 Corp. 6- 25c (quar.) Corp. Fruit Die 1 10c $5.50 50c Copper Co— & Tap 6-15 75c preferred Corrugated Paper Co.,—,,, Foster-Wheeler Frontier Cananea 6-15 6- common 7- 3 $1.75 1 Corp Telephor 30c (quar.) 88- 50c conv. Commercial Indiana 6-20- $25c , (quar.) RR., pfd. non-cum. 6-29 $25c Electronics Co. Central 6% 5% (quar.) common 25c (quar.) convertible Wayne New Sugar, 6-15 $50c class A (increased), Illinois (Winnipeg)— $50c Canada, B Cement 5% (quar.) & Holder» Payable of Ree. 15c '■ . (s-a) Radio Illinois Ltd.— Co., 81'/4C t (initial) common 7- 1 (quar.) (Houston) 25c (quar.),— Co., Ford Motor Co. of 4% Greene Ideal B $$5 preferred Greenfield Co Foremost Dairies, Fort Felt pref. Hytron 5-21 6- 1> 9- 1 12- 1, 6-21 6-10 9-10 12-10 $12Vic Ins. Preferred v $1 40c When Share Press Mfg. Co., common u Electric Securities, com. (quar.). Hydro 5-22 — Company Hydraulic 6-21 6- 5 Co.— 25c Mineral Class (quar.) 6-30 60c 40c Western 7% Chemical— Machinery & 3'/<% preferred 25c * Quarterly 7 6-11 w 4 conv. Great „ 30c (s-a) (quar.), Great West Life Assurance 1 preferred $4 Life 6- 4 6-15 12Vic (quar.), Y.) 6-29 40c preferred West 50c 55c , Co. Railway Quarterly Quarterly (N. Co Paper Great Southern share (initial s-a)J preferred (s-a) Security Corp. Fittings, Towing Northern Non-cum. " First Indemnity Great Northern 5-21 One for each common 5-31 5-25 6-11 75C — 6-15 6-30 approval of stockholders) (Subject to American 3c Inc. (quar.) (stock dividend). o? share 6-15 Lakes 6-10 25c 30c Corp. . (initial)— Co. 65c Philadelphia (quar.) (increased) First First — City Steel Co., new com. Mfg. $3 Bank held. preferred class A (quar.) preferred class A (quar.). $3 First additional 8% Field. (quar.) Association 1 6- 5 Bait.— at (quar.), B Financial Fire (quar.) Marshall see America of Co. 6- 6- 7 6-25 $20c —— 6-15 6-15 30c (quar.),. (quar.) Ferry Cap & Bet Screw Co Finance 25c 75c 40c $3 pfd. Corp., Enamel Ferro — . United Federal Monday, June 4, 1951 . per Name of 5-28 25c . (quar.) 6- 6-10 $1.50 6-25 6-22 (quar.)— com. . Holdert Payable of Reo. Share Company, $1 — 50c Federal-Mogul Corp.' Federal Screw Works 6- 50c Co. Rubber Mining & 6-15 When Per Name of Payable of Reo. 25c _ Holdere When Share Name of Company Fansteel . 7-1 6-11 ' Keystone Pipe & Supply Co, 5% 5% preferred (s-a) Keystone Portland Cement Extra pfd. (quar.),.;™,—_ —.",L — Keystone Steel & Wire Co. (quar.)— Kimberly-Clark Corp, common (quar.),—— 4V2% preferred (quar.);. — Kings County Lighting Co.-, 4% pfd. (quar.) Kingsport Press, Inc. (quar.)—_;__— Kingston Products Corp. (s-a) Kinney (G. R.), Inc, common (quar.)„ $2.50 . ■ 6-30 $2.50 (s-a) 12-30 50c - 6-20 12-20' 6-11 6- 1 50c 6-11 6- 1 40c 6- 9 5-ltf 60c 7- 2 6-11 $1.12% 7- 2 6-11, 50c 7- 2 6-15 20c 6-30 6- 10c 6-15 5-18, 35c 6-25 6- 1 1 8 < . 1 Volume 173 Number 5017 . . The Commercial and . * 01JVante of Company Kleinert \ Kresge (S. S.j Company (quar.) -+Yz% <: preferred Kroger Company— 6-26 9-20 12-20 $1.50 preferred preferred-<quar.)^__—r- ; 2 1 6-28 6-15 7 Vic Kuppenneimer La Salle (B.) Co. &: .Industries France La Extension tquar.)__. 6^15 6- 5 1 5-21 15c — __ 50c 2 6-22 6-14 6-13 10c 7-10 6-2$ 10c 10-10 9-28 (quar.) . Quarterly Quarterly 35c Mines, Dulault Lamson & Sessions Co., 6-12 Lane-Wells Lang Co., new (A. Leatlier Co. C.) Lea til Company, $2.50 preferred (quar.) Lee (H. D.) Co. (quar.) Fink & ; 5% Leonard Leslie Co., Refineries Salt Leverage Co. 6-11 5- 6-14 5-31 6-14 5-31 25c 6-26 6-15 1 5-21 6-15 6- 5 4Uc 6-15 5-15 $3c 6-15 5-31 $30c 7-31 6-30 7- ■' —— 31V»c Inc iquar.) — Lewis Brothers, Ltd. (increased)Lexington Union Station, 4Co pfd. (s-a)—Libbey-Owens-Ford Liberty 6- 50c (quar.)—_— of Canada— Fund Glass of Fabrics 6-15 1 35c common preferred 7- I2V2C (irreg.) (quar.) , Electric conv. 62V2c 6-15 1 7VaC Products ..-Special Leland 7- 6-15 N. 6- 7 2 6-11 5-25 25c 6-15 6- $2 (quar.) 1 .Quarterly Liberty 30c Life (quar.) Corp. Casualty Insurance. (Tenn.) 1 (quar.) Liggett & Myers Tobacco, 7V* pfd. (quar.) — Lily-Tulip Cup Corp. (increased)— & Llncom National Lile Insurance Co. Quarterly Little Miami RR. Original 5-18 7- 6-13 2 6-15 25c > 1 8- 25c 11-1 6-12 5-31 37V2C — 6-12 5-33 'in <quar.)„ Q „ fi capital Above (quar.) stock io 8 90 in »ii 10 19 ' iVno-o $1.00 3-10-52 September, June, — quarterly December and $1.10 pays 2-18 Special Special Special Joint Pipe Co., preferred 8'/Jr preferred cnC Loew's, Inc. 6-22 6-15 5-18 50cj * Model * 6-11 5-25 (initial) 6-29 6- (P.) Company, common (interim) 7 V* preferred (quar.) —I Los-Angeles Biltmorc Hotel Co.__—.—< 30c ' "7- 2 6- 8 $1.75 7- 2 6- 8 Molson's Brewery, 50c 6-21 6- 5 Lone Star Corp., Cement —------- com. new Lorillard Los Angeles Los Angeles Louisiana Investment Co. (quar.) — Transit Lines (quar.)——— Co. (quar.) — 6-29 6-15 6- Louisville Title RR. 1* $1 6-12 5- 1 15c 6-15 5-31 Lowney-(William) Luminator-Harrlson, Lykens Valley RR. gtfr 6-15 6- 1 6-9 6-1 (s-a)_— 40c 7- 15c 6-15 (quar.) common — 2 $3c 6-15 6-30 6- 9 preferred 2C 65c Macy^Rl'H.) Madison Jladsen Gas Mahon (R. C.) Conv. quar.l 5-15 6- 5 5-15 7-2 6-4 7V* 7% (quar.)— Mangel Store? Corp. 5-25 6-15 Morr.s 6-9 5-31 Manischewitz 6-15 25c — Company---,— (B.) 66_ + Semi-annual ————— Consolidated Mfg. Realization Mar-Tex Corp., Marathon Maritime Telephone Common Telegraph & (quar.) 7 V* preferred Market Basket $1.25 Co., Corp. (Los 7- 62'/2C (quar.) — $1 (qua r.)—- preferred 2 5% 1 5% 6-20 7-14 6-20 _ c Angeles)— I" 25c — , 1 1 Marshall Field <fc Co., ±\\'U Masawippi Valley Massachusetts RR. 30c quar.)_. on &"20 Fund, j 7-1 5-31 6% New Ltd.— (initial quar.) Co., common Master Electric Mathews Mathieson Chemical Corp., com. 7'/o <quar.)_— preferred ' (quar.) Maytag Company —5-18 37V2C si4-5 5-31 " °C 5.10'* 5-25 r-29 'I (quar.) 9 6-11 6- 40c * (quar.) Co. 4.80^ cio „ $12 /2c (quar.)—, Co. Conveyor no)/ fil ' McCrory 3V2Vc McCord $2.50 Stores Corp., pielerred Corporation, preferred new National (initial) common — (quar.) —— — Corp. Co., Cash —. — Register Co. — (quar.) Casualty Co, (Detroit) (quar.) National City Lines Inc., com. (quar.) 6-13 fi-15 6-30 6-15 50c 5-29 5-15 National Container Corp. (Del.) (quar.t, National Cylinder Gas Co., common (quar.)_ 62V2C 6-29 6-14 National Dairy Products Corp. * 9 1 6-12 6- 6-16 5-24 New York (J. (quar.)— 7- 1 6- 7 7- 1 6- 7 7- 2 6-11 6- 8 5-18 7- 2 6-15 6-29 6-18 2 6- 8 2 6- 8 7- 1 6- 8 7- 1 6- 8 $1.12Va 7- 1 6- 8 20c 6- 1 3AQVo 1 50c preferred 3.90,% 8 j 6-21 5-31 7- 2 6-15 7- 2 6-15 2 7- 2 5-28 7- 6-13 7- 6- a 6-15 6- 1 5 6-15 6- 6-28 6-20 6-15 5-15 6- 5-15 1 75c (quar.) 6- 8 V 1 5- 6-15 6- 9 5-31 6-29 " 25c 6-15 " 30c 6- 9 5-24 50c 7- 2 6-23 30c common , i 7- 2 $10c (quar.)— Corp 6-29 $10c (quar.j— (quar.)__ 5-31 6- 6- 1 8 ... 1 Investment— 6V* preferred (accum.) 5V2Vo preferred (accum.) American North $1.50 6-30 5-31 $1.37 Vi 6-30 5-31 20c 7-16 6-26 pfd. (quar.) 75c 7- 1 6-15 (quar.)__—___ 25c 6- 9 5-21 6- 9 5-24 .6-30 6-15 <_ 7- 6- 7- 6- 7- 6- North American Rayon Corp., $3 7- 6- North Central Texas 7- 6-25 6-15 6- 5-31 6-11 5-25 6-30 5-16 7- 3 6-15 6-20 6-12 6-20 4 Va Vo 6-12 Pacific Northern 5-21 5-15 6-15 5-15 6-15 5-31 3 9 5-21 6- 9 5-21 93%C 7- 2 6-21 , 11- 2 (quar.)— (quar.) preferred A conv. 11-10 20c 6-11 5-14 1 7-10 — — —.___ PharmacaLCo., common 4.50V* 6-15 " 35c Semi-annual 5-18 2 7- 6- Insurance Co.— Northwestern National Life Norwich 6-15 5 7-25 Northland 334% 6-15 5 6- 75c (quar.)— 6- $1.50 Greyhound Lines— Preferred (quar.) 6-20 6-30 50c (quar.). common 35c 22 VaC (quar.) (quar.)—. Co. Ry. preferred 6V* 6-11 (accum.) (quar.)—*-—. Mills, Paper 50c Public Serv., com. Indiana preference' Northern 30c (quar.) Inc.— convertible preferred $1 Northern 6-15 9 , Oil Co. Insurance River North Northeast Airlines, 1 (quar.) Refractories Co. American North 6-15 6- 8 6-30 1 75c (quar.) Co._ American 6- 10c convertible preferred North 8 6-30 . $$1 J— North American Car 8 6- - Special Norrls-Thermador Corp. 1 6- 6-30 — (quar.) Mining Corp., Ltd. Normetal 8 6-30 85c 25c Norfolk Southern Ry. Co. 6-13 6- 50c (quar.)—— (quar.)--' Co. 1 6-30 - Norfolk & Western Ry., common 5-28 7- 6-28 Oil Norris 6-15 6- 12 Vic (quar.) Ltd. Mines, Noranda 5-31 6-21 8 6- 1 6-15 97 Vic Co. Chemical Co. Nopco 6-15 7- ' 5-28 6-15 1 2- 6-22 90 V* ; 5-31 7- 7- 30c (quar.) Niles-Bement-Pond 6-15 35c ) '(quar.) : Corp. Niagara Share 6- 6-8 2 60c (irreg.) (quar.) (quar.) 7- 93 %c (quar.)_- preferred preferred 3.60'^ 6-15 $1.03 VA Mohawk Power Corp., com. Company 6-28 50c Alkali A 6-11 6-25 7- pfd. (guar.)— Niagara Class 8 $1.12Va Industries Inc., common preferred (quar.) Niagara 11-15 6- 1 7- (quar,)__. Company Newport Electric Corp., 3%V* 12-15 1 2 7- 50c (quar.) Corp. Newberry 5-15 6- $2.50 6-20 6-15 6- 6-15 $1.50 . 5-24 3 5-19 6-15 10c " 6-30 10c . 5-24 5-18 33 %c 8- Copper Co.— O'Okicp 7- the ordinary payment of 10 shillings on A shares, or $1.39 to the holders of Amer¬ ican shares. Subject to South African .... Title & Ins. Guaranty Co. 6- 8 Oakland 6- 1 Ogilvle Flour Mills Co., Ltd., com. 6-28 6-21 9-28 9-20 $1.50 $1.50 12-28 7-16 preferred preferred 6-30 37V2C 20c 12%c 6-30 5-23 6-12 5-23 Olin 6-12 5-23 Oliver 6-12 3 5-29 7- 2 6-J5 50c 6-30 6- 1 97 Vic 7- 2 6-15 $1.10 7- 2 6-15 75c 6- 9 5- 8 6-15 6- 5 37 Vac 6-30 6- 8 $1 6-30 - Co, Water Service Co. Ohio 6- 5* 6-15 6- 1 65c 7-16 6-29 30c 6-15 5-31 6-15 6- 1 ' $2 8- 1 7-18 6-29 6-13 25c Co. Pottery 6-30 6-14 40c (irreg.) 6-11 5-21 20c Orpheum Building Co. (s-a) Oswego Falls Corp., 6-15 Ox Fibre Brush Co., 5-21 Pabst 9 5-10 Pacific 6-11 5-21 Brewing $1.50 6- — 1 6- 2 50c (quar.)— A class B Onondaga 6 7- Filters-r- Inc. Omar, 6-20 60C (quar.)__ convertible Class ^ (quar.) 25c Corp. 6-11 7- (quar.)_. Industries, Inc., 4% pfd. ser. A Oliver United 6- 4 70c Tube 5-21 7- 5-23 7-13 25c Seamless 6-12 6-28 20c 25c Ohio 7-16 50c 10c Oil 5-25 50c (increased) Co. Ohio 50c $2.50 (quar.) (quar.) (quar.) com. 4.40'* 6-30 7-16 Co., 3.90V* 12-20 4c 2c Edison 6-12 $25c (quar.) (quar.) (annual) Telegraph Mississippi & 6- 6-25 ... —— 6-30 Ohio 6-12 35c Co Manufacturing 5 $1.39 7V2V" ——— of tax Oak 6-12 $1 $4 preferred A iquar.)— SI SI.O6V4 93 %C 2 7- 6-15 Gas 7- 6-15 2 $2.50 6-15 4% Vo 6- 6-15 7- 3c 6-16 Newport 8 6-29 6-29 $1.01 Vt (qua,r.)_. Service J.) 1 75c (quar.) (quar.) (quar.) Water 6-11 $2 (s-a) preferred 6- 40c (s-a) Inc. preferred preferred y5-25 7- 2 $1.50 York State Electric & $4.50 8 6- 6-15 Co.— : ... preferred 5-31 10c Co Co., 5-31 35c (quar.) Water Co. Zinc 1 6- 2 6-15 20c Co, (quar.) '/c 6-14 " National 7- (quar.) Light 4V2V* 8 50c (quar.) 7-11 (quar.)_ 3% Vc 6-15 124+c common 6- 7-11 7-23 6-15 ouarter Auction ,10% 6-29 12c 6-30 25e 88c iquar.) (quar.) 7- 2 $50c com. (quar.)— —— , preferred C (quar.) Biscuit 5-22 1 6-15 20c $1.50 (quar.) National Can Corp 4 ' (L.) Company, Ltd.— Participating preferred (s-a) (quar.)— preferred A Nash-Kelvinator National . McBrine !. preferred (quar.)— B 5-22 1 7-23 Co. Co. Gas Ohio Mutual Telephone Co. (Hawaii), com. Preferred 6- 6-12 6-12 6- 15c preferred (quar.)__. N. Y. City Omnibus Corp. (resumed)-, N. Y. & Harlem RR. Co., common (s-a)_„„ 1 6-15 1 6-15 2 6-15 37 VaC 35c *■ 6- 7- (quar.) 40c !— 6-15 50C Y.-Chicago & St, Louis RR. Co.— 6 25c (quar.) common 6-15 5-31 26V»c Extra r Massey-Harris Inc., System, 2 7-14 40c Co. Mfg. Mur Jersey Y. N. 5-21 6-14 $1.18% (irreg.)— 7- 1 6-13 75c New Park Mining Co 6-15 —— (increased)—, 7-31 Jersey Power & Light, New N. I2V2C — 1 (quar.) Extra 5- 8- $37y2c (quar.) 4% pfd. (quar.) preferred (quar.) New Jersey Water, $4.25 pfd. A (quar.; 5-31 7 6- Co..._ 4.05'A 5-31 6-15 6- 6-15 6-12 75c Ltd. Brothers Inc. Haven New 6-29 pfd. (quar.) (quar.)__— (quar.) preferred preferred Mutual 6-15 g. 13c Inc.- 20c 62V2C 7V2C (quar.)—— Ring Co. Piston Company 6Vo 6-18 j}}?1* |3 Second 2 6-30 $1.06'A pfd. (quar.) (s-a) Investors 7- 35c Mutual Chemical Co. of America— 6V* preferred (quar.) — c $3-50 35c (s-a) Inc.,: common Muskegon 6% (initial common preferred Muskogee Marsh (M.) & SonNew conv. Munsingwear, 6-20 7-14 $1 Brewing, com. (s-a)_ preferred <6-305preferred (quar.) 17'/2C +15c Munising Wood Products Co., common— 11-15 $20c (quar.)— (George) partic. 6-30 9 6-30 25c (increased quar.) Co. Cement New Haven 6- 50c (s-a)-_—____ & Increased New 3 35c Muehleback 00 - b-2z 6- 8 5-15 6- 593'^ Extra Ltd. -——-—-— ———-—— <* — 1 7-15. nn Common J —- Murphy (G. C.) Company, ——— (quar,)—. 12- 5c preferred (quar.)—.— 5% ^ 6-13 60c -r—-— Marchant, Calculating Machine Co. 7- +$7.50 —— (quar.)——— Co. (a-uar<> (quar.) Corp. Mountain Producers Coip. OK c 5-25 8 6- 6-10 50c (quar.) V]o preferred (s"a) ——— Mountain Fuel Supply Co —— (Toronto) Manufacturers Life Insurance Co. Mapes 10 6-12 30c Mocre—— & 6- 1, 7-31 25c 5-31 $1.75 $20c Mount Royal Metal Co., Ltd — Mount Vernon-Woodberry Mills, Inc., com__ 8 - Maxwell Manning, Paper Mills, common Preferred 5* 22 G 1 7- 8-15 <quar.)___^_. Co. England Electric System (quar.) New England Telephone & Telegraph 6- (William R.) Dry Goods, common— 6-29 5-18 8 7- 5-15* Co New 6-10 t$1.75 t$1.75 50c 37V2C $2.50 preferred A (quar.) preferred B (quar.) 6-15 6-11 6- 50C 9 Company Nestle-Le 6-10 $25c Moore-McCormack Lines Inc. 6-30 1 6-15 6- Corp. Nekoosa-Edwards Paper 1 7- 2 10c Neisner 8 40c t22V2C (quar.) 25c 30c 66- 6-15 7- 12 Vic Nazareth 6-20 2 6-15 2 (quar.) Car, Steel Natomas $2 37V2C $50c *5-15 $1.75 (quar.) Morgan (J. P.) & Company (quar.) —• 5-15 6-15 2 7- 2 30c — Moore (initial) 6-15 6-15 7- Extra 6- $25c $$1.12 (initial quar.) 30c priority shares 1 6-12 62VaC 5-25 Corp., Ltd. 5- 4 — Wheel 6-11 5-25 20c $1.25 Extra. 6- $20c *20c -3 common preferred National Tile 2 25c 62V2C Co., common 5-22 Motor 1 7- I2V2C 6-15 Company 6- $2c I2V2C 6-22 Ltd Mines, common 5-16 6-11 7- 75c (quar.)—.—— 4',*"' preferred (quar.) Ltd., 6-11 6-15 1 35c Cooker Sugar Refining Co. National Tank Co. (quar.) 60c $5c (P. R.) & Co.. Inc. (quar.) Mallory 6- 9 5 Moore.Corp., 7-16 $2 (quar.) 40c (quar.) Corp. Car Mailman 6-30 6- GOc Co.—. Gold Company, Magor (increased Inc. Co., Electric Lake Red Magnavox & & $$1.25 (quar.)—-.—_ 2nd preferred 7% 25c (quar.) Company $1.15 50c $50c (quar.)— 25c $12'/2C B Class MacWhyte 15c Montreal Locomotive Works, Ltd——— J 1 6-29 40c Montana Flour Mills, new com. 5-15 $12V2C — cl. A— 7cfc 1 8- 8 62 VaC National Machine Co.— Calculating Monroe 6-15 6- 7-16 7-15 Co., common— (quar.) preferred 1 6- Starch Products— National 6-U Ltd., class A (quar.) Equipment 8- 1 6-29 $1.75 iquar.) Castings Rubber Machinery National Steel 1 (quar.)— Auto 6-22 9- 12- & Type Co. Pressure $1.40 6-15 6- — Monroe 65c Export Co., Ltd., (H. R.) 6-15 (quar.)— Inc. Products, 7-16 $25c Extra 3 6-29 1 $1.12 '/a National 8-17 11-16 1 50c preferred (quar.) 6Vc 6- 1 710- $15c ^ Steel & 1 6- 1-2-52 $15c (quar.) preferred (quar.) National 7- — $15C 1 6-14 2 7- 3 $50c ; S<irvice Corp., com. Paper New Monarch Knitting, Ltd., common (quar.)— 4V2'/o preferred (quar.)———— 17 /2c & Coal Macassa Mines, Ltd MacMillan (s-a.t Ltd. (quar.)——-—— <fc Sales (quar.) Co., Manufacturing Lyons Metals (quar.) Mortgage B 6- 6-11 $1 class B preferred Malleable 7- 6- 6-20 35c Iquar.) National 6- 6- 5-31 (quar.; A National 6- 1 50c 25c 25c Molybdenum Corp. of America (quar.) 6-15 50c Land <k Exploration Louisville & Nashville Ludlow l2V?c Class 6- 7- Mohawk Carpet Mills Inc. (quar.) 8 1 5-15 — Mojud Hosiery Co., common 5Vo preferred (quar.). — (quar.) A class 4 Va Vc 8-31 40c 50c Co. ^ Co. Gas class 57o 11-30 ■ 5-31 6-11 15c Hosiery Mills, Ltd., 60c National Linen 5 5-15 K '•! 35c Star 6- 7- $50c 3735c Lone 6- 7- 25c preferred (quar.)—— Manufacturing Modine 1 7-1 $30c (interim)— Ltd.— Oils, 6-20 7- 6-15 Mobile'& Birmingham RR., V/o 'pfd. (s-a)_ 1-1-52 1 1 6- 6-29 6-15 Semi-annual 9-21 12-22 10- $1 Corp——— (quar.)-. 6-19 7- 2 $1 ■<— (quar.)— Aircraft Lockheed 6-30 $1 6-16 2 6-11 Mills., Ltd., class A (quar.) National Lead Co., common (quar.)___ 7'io ciass A preferred (quar.) I__ 6-15 Mitchell (Robert) Co., Ltd. (s-a) $1 common 2 7- 50c National Hosiery 50c 4c 25c 56Vic 25c Mississippi Power Co.. 4.60V* pfd. (quar.) Mississippi River Fuel Corp —:— Mitchell (J. S.) Co., Ltd. (quar.) 6-13 7-16 75c 5-31 7- 6-15 (quar.)_____^_ Corp. (quarJ_„II"_"111 Co. 60c 6-11 30c 25c 75c $2 50c Service Mississippi Glass, 4'/o A";« ,2-18 o 3-10-52 Public 8 7- 5V*c (qu~a"r.) 2 (Hartford) Products Gypsum National 3 10-2© 7- National Gas & Oil Corp 6-12 7-21 10-30 5c 50c 5c Food National 50c $10 Missouri Co.— (quar.) preferred I'll 2 6- 25c —«— Missouri-Kansas Pipe Line Cla£>S B , ®-20 50c (quar.) — yar common held)— Development Co. (irreg.) Mississippi Glass Co. (increased)—- • 50c Little Schuylkill Navigation KR. & Coal Semi-annual 8 V* o{ $1 guaranteed (quar.)—— guaranteed (quar.) guaranteed (quar.) guaranteed (quar.) Special — Mission. in „ 8% 10 o March. In Lock on "in tiin _. K — Minneapolis-Honeywell Regulator— Common (quar.) Minneapolis & St. Louis Ry Minnesota Mining & Mfg. Co., common—— $4 preferred (quar.) — Mission Corporation " (stock dividend)''(two 6hares of $1 par common for each share 10-25 30c Ltd. Canada, of Corp. ~~~ Insurance National Standard (s-a)_— Minneapolis Brewing Co 7-25 into Original 1* 6- 1 6-12 7- 5-11 1 8- 5o Fire • 67 Vic 40c $1.10 $1.22Va 20c 25c 25c 75c (s-a) —— Midwest Rubber Reclaiming, cr.m. <quar.)__ 4V2V0 preferred. (quar.)___„ Milliron's, o'/c preferred Mining (quar.) Original capital capital (quar.)_capital (quar.) Original 9 $1.75 — Corp., common preferred (quar.)—— $1.50 — ———— Service 6- 62V2c (quar.) Co.,' common 1 6- 2 6-12 5-31 6-11 $15c ; Co.— preferred iquar.)__!__ Welding Machine National preferred (Ind.) — Quarterly Lincoln 6-15 6- 8 7- $1.12% $1.12Va Extra 6-23 6-22 15c —— 7- 2 15c — Products Oil Midwest Liberty Life Insurance Co. (Greenville, S. C.) ■ 8 7- 1 5-31 9 Extra 6- 6-12 9 6- """ Electric National 5-31 6- 6- (quar.)_ com. Quarterly 5-21 6-20 1 conv. National 6- . 30c 10c Extra Mid-States Equipment Co.— 7',* convertible prelerrcd (quar.)—__— Middle South Utilities, Inc. (quar.)— Midland Oil Corp., $1 conv. pfd. (quar.) Midland Steel Products, common (quar.)— 8% preferred (quar.) 52 non-cum. preferred (quar.)— 6-15 50c Co Inc. Y., 5-21 5 6-30 6-15 35c $1.75 — Michigan Associated Telephone— 5.40'.* preferred (quar.) Michigan Gas & Electric, common 4.40'* preferred (quar.) 4.90(3 preferred (quar.) — Mickelbeny's Food Products Co Micromatic Hcne Corp. (quar.) Mid-Continent Airlines, Inc Mid-Continent Petroleum Corp. (quar.) 5-25 • preferred 4V2 '/c 6-12 3 6-30 50c Lehigh Coai & Navigation Co. Lehn 7- 6-12 • 25c — Extra — Michael Stern & Co.— 4y2Ve preferred (quar.)—; 5-25 25c — , 95c 96V4C 97V2c $1.08% 5-23 6-15 3l)c (quar.) 62Vic 50c $1.25 Corp., (quar.) Drug & Chemical Co., Ltd.— Quarterly 6-15 5 6-15 $25c (s-a)— (Richmond) (quar.) common 11- $1 Bleachery & Dye Works (John-A.) & Sons, Ltd. (quar.) Lawyers Title Insurance 11-15 30c (initial) com. 8-15 25c 60c 6-15 $30c 25c 25c 25c 50c 87 Vic 40c 30c 62Vic preferred National 1 8- 4 25c 7- 2 1 6-13 — .6-1 7-23 7- 6- 5 7- 2 6-15 V- 6-15 7- 3 5-31 5Vc National 25c 6- 6 30c Quarterly Lawrence 6-15 62Vid — Landts -Machine Co. (quar.) Lanett 6-15 2 7- $$1.50 (quar.) common (quar.) • $2 Vic (interim) Ltd. Lambtoii Loan & Investment Co. (Ont.) (s-a) preferred 7- 3 6-22 $25c (quar.) 12-28 1-10-52 10c »—■ (quar.) (John), Ltd. Laclede-Christy, Co. *2.50 7- 25c (s-a)— .iquar.) University ,Labatt 6- 6-13 50c 62Vic 10','o 6-11 . Payable of Re*. Share Name of Company National Discount 5-28 7-1 Metropolitan Edison, 3.801* pfd. (quar.)-— 3.85V* preferred (quar.)— 3.90V* preferred (quar.) 4.35V* preferred (quar.)—_— Meyer-Blanke Co. (quar.)—. 7-17 5c (quar.) - 5-19 . 6-15 Meadvhie Telephone Co., 5Vc pid. t.s-a)__ _ Meichers Distillers, Ltd. 0',* panic, pfd. (s-a) Mercantile Stores Co., Inc., com. (quar.)— Merchants Refrigerating Co., class A— Class B j. 2. ; — Merck & Company, common (quar.) $3.50 preferred (quar.) — Mergenthaler Linotype Co. 1—1 Messer Oil Corp.— —* Mesta Machine Co. (quar.) Metal & Thermit Corp., common (quar.)— 7Vc preferred (quar.) 6-15 8- Forge preferred Lake 7- $1.75 (quar.).— Kuner-Empson. Co.,. xommon. :6'« 12-27 $1.12 Va (quar.) 9 €- 35c 75c 75c McGraw-HillPublishing Co., Inc McKesson & Robbins Inc. (increastd quar.) Stock dividend McQuay, Inc., 5% preferred (quar.)—, 6-20 9-26 * 1st Kropp 5-15 $1.12 Va (quar.) 2nd 6'/• 6- 4 6-12 McCormick & Company (quar.) McGiaw Electric Co. (quar.) . McGraw (F. H.) & Company, $1.50 pfd. (s-a) 5-29 6-14 $1.12Va Mfg.; ■ 4ft<A:preferred preferred, (quar.);— -4Vi% * 6-12 10c 5uc *. > Holdere When per Payable ofJtee. Share Name of Company Payable of Rec. HoUere When Per Holder» When . 25c B.) ^Rubber Co. (quar.) Creamery'Co., CGm.-Hquar.). Kroehier \ Per Share <• (I. Kmiusen • • (2333) Financial Chronicle Co. American 4V2Vc new (quar.)_, (quar.) $1.12 Vi 7- 1 6- 1 6-15 (initial quar.) 1 30c 6-11 6- 35c com. (quar.) Investors, preference 6-11 - pfd. 6-12 5-22 7- 6-15 Inc.— 37 VaC 2 50 The Commercial and Financial Chronicle "(2334) When Per Name of Company Pacific Gamble Pacific Indemnity Co. Pacolet Mfg. Co., Co. (quar.t; pfd. Page-Hershey Tubes, Ltd Eastern Common 25c (quar.) 4% Pipe Line (quar.) Appliance Co Parmelee Paton Co.— Quebec 6- Radio Corp. 7- 2 6-15 7 Co. 5-24 6- 6-27 6-15 6 $20c 6-15 6-15 5-31 135c 6-15 5-31 25c 6-14 6- 12 Vic 6-14 50c 6-14 5-25 5c 6-21 6- ,, Peerless Cement Corp. Special & Ltd., Ford, Peninsular Metal Peninsula Products—. Telephone, Common 1 1 5 62V2C (quar.) 7- 1 6-15 D. .10- 1 9-15 Real 62Vic 1-1-52 preferred (quar.) 25c 8-15 8- 3 $1 preferred (quar.) 25c 11-15 11- 5 $1 preferred (quar.) 25c 2-15-52 2- 5 (quar.) Co. ; C.) Red Owl Stores, A (quar.) 33c 8-15 (quar.) 33c 11-15 11- 5 Reed $1.32 preferred 33c 2-15-52 2- 5 Reeves Brothers, Inc. Regent Knitting Mills, Penn-Dixie (quar.) 40c 6-15 5-28 30c 6-15 6- 50c 7- 2 6- 1 50c 7-2 6-7 Electric Switch Co.— $1.20 preferred class A Penn Valley Crude Oil Corp., cl. A (accum.) Penney (J. C.) Company Pennroad Corp., (25c from tributed net income mulated net realized ordinary preferred and frcm 25c gain.) 50c 7- 2 6-11 7- 2 6-11 6-11 7- 6-11 Reynolds Reynolds Republic Steel 6% 40c 6-15 5-31* 53c 6-30 $1.50 ._ 7-13 6-15 6-20 6- 5 $2 6-15 Class preferred Paul, Petroleum Inc. Exploration & Mfg. 6-11 Rhodesian 6- 9 5-12 25c 6- 9 5-29 6- 9 5-29 Brewing (Charles) 3%% 6- 5 6-20 6- 9 6- 8 5-18 50c 6-11 5-25 87%c 6-29 6-15 Richfield 1st $4.50 1st $4.50 1st preferred preferred preferred $4 non-cum. $4 $1.25 $1 5-23 6-1 Riegel Paper 1 6-15 Riegel 10- 1 9-14 1-2-52 12-14 7- 1 10- $1 $1 Philadelphia, Germantown & preferred A 6-20 five 4 40c 6- 933/4C 7- 6-15 100%..,. (quar.),. 6-12 7,21 ' 1 _ Phoenix Hosiery Co. Pickle Crow Gold 6-15 6- 6-30 class A shilling unit preferred Piper 5% 4%% conv. 4%% preferred pfd. preferred (accum,) 25c Co.,. Coal Pittsburgh Forgings Co. 2 7- 2 7- 2 6-20 American 5-23 regular 6-15 6- Rome 5-21 6-12 Rolls-Royce, 5-31 25c (quar.) 5% 6-20 6-12 (quar.) preferred (quar.) 7% Plate Placer & North RR. (quar.),,,, (s-a) Oil Ltd. (interim) Co. (H. (H. 5% K.) Powdrell Powell & Pressed Stock (increased quar.) Co. 4%% pfd. (quar.), (s-a)__. Washington Insurance preferred (quar.)___, • Publication Corp.. Pullman, Pure Purex Oil Inc. & voting Co., 5% Corp Stock Gas, com. (quar.) 6% $2.50 7- 1 6-10 ,5-21 6-15 5-31 2 6-15 7- 2 6-15 40c 6-30 6- 1 6-30 6- 1 6-30 6- 1 50c 6-23 6-23 6-12 7. 6-15 6- $1.18% 6-15 5-31 2 6-20 4 Sherman 6-15 5-21 6-20 6-11 6- 7% 50C 6-14 5-25 $1.25 7- 3 10- 1 5-15 Co., common preferred (quar.) „ Clfl'-s (irreg.) , Silknit; Ltd., 6- 6 5-25 75c 6-29 6-15 6-15 5-23 10c 6-21 6- 4 7- 2 6- 2 $56 Vic 7- 2 6- 2 (irreg.t_; Corp. 6-15 ' ' Silver 5 Silver 1 Silverwocd 2 Inc. Co. 2 6-18 7- Oak. (Royal of Canada, 6-29 6-15 5-31 3c Mich.) 6-14 6-11 6-27 6-15 7- 6- 5-24 Ltd.— 3 8 25c (quar.)______ 6-15 5-31 $1.12% 6-15 5-31 35c 6-29 15c 6-29 6-15 $30c 6-30 5-23 , . T25c 7-28 25c v ;" ' • $8c 6-11. '. 6-15 '• " ■—A:« 5-19 »'■ 6- 1 6-15 $50c • 6-28 5-19 •6-11 ' 'r r.: $25c _ (quar.)___ Mines. Ltd. (extra) 6-15 v v 25c Mines, Syndicates, 6- 1 Ltd.. Dairies. preferred 5-29 6-15 5-25 6-15 5-25 5c 6-23 6- 10c 7- 3 5-31 $$1.25 7- 3 i.___ 4 " class B 1__ Dairies, Ltd.— (quar.)__. Saw & 6-15 $5c L" Ltd.: Inc.___ Steel 5-31 70c 6-15 5-25 50c 6- 8 5-24 $$1.12% 6-15 5.15 50c 6-15 5-15 60c 6-14 5-25 Co Simmons 6- 1 Singer . 6-J) American 6- 8* - , 5-21. Skelly Oil Skilsaw, 6-30 6-15 50c 6-11 5-25 -1 Works, 7-< 2 / 7- 2 35c 25c • Smith 6-ltv 6-12 6- 66- 1 9-10 8-31 $1.12% 7- 2 7-2 pfd. Co (quar.) (quar.) — Aeronautical Co. (quar.) Royalty Corp. 50c (s-a)__ 6-30 partic. Co., 6-20 4.80% 5 original 4 1 1 6-29 6- 6- 17 %c 7- 2 6-15 7- 2 6-15 $2 7- 2 6-12 50c 7-2 6-12 $25c 6-28 6-13 6- 5-11 ___i.i 20c 50c (quar.) 27c 1%C & Electric, common__ Pacific Southern Railway Co. 37 %c $1.20 L 62 %c 6* 6-30 6-30 6- 5 6-30 8- 1 6- 5 6- 5 5-25 6- 9 7-14 6- 6-13 5-28* $1 6-15 5-15 $1.25 6-15 6-15 $1.25 9-14 8-lfi 20c (quar.) 6-13 $1.25 Southern Natural Gas Co Southern 4 Co.— (quar.)_ Steel Products pfd. 1st $2.40 com, St. ____•■ 5% Paul San & Marine Francisco Schlage 1 $4 7-25 7- 3 7-25 7- 3 7-25 7- 7-25 6-15 Co. 6-15 66- 1 9-15 9- 1 $1.25 12-15 12- 1 20c 7-17 7-10 6-30 6-15 Insurance— 6-1 4%% Southland Co.-: Loan Association, Southwestern Life G.) -— Service 3c 6-25 6- 6-15 5-31 60c . (quar.) 1 6- 1 6-15 6- 1 50c 6-15 6- 1 6-15 6- 2 40c 7-13 7-10 1 (A. Co. (Dallas) Brothers (quar.), Ins. 1 6-15 (quar.) 25C 6-15 6- 8 $1.50 6-15 6- 5 25c 6-15 5-25 9 5-11 Sparks-Withington Co.— 6% (quar.) preferred conv. Speer Carbon Co Inc., $4.50 conv. 50c (quar.) 1 6- 1 6-15 6- 1 7c 6-11 6- 6-15 $1.12% (quar.) .6-18 25c common pfd. 6- 50c (quar.) Corporation Sperry Spiegel, il5c : Ltd Electric 6-10 6- 1 Spokane Portland Cement Common — 27%c 8- 1 7-18 Sport Products, Inc. 50c 6-12 5-29* 85c 8- 1 7-17* Squibb $1 8- 1 7-17* Co. (quar.) 30c (quar.) 6-12 5-28 _i $4 preferred 5 $1.02% 6-15 6- 5 Staley 5% non-cum. 7-10 6-13 5% non-cum. preferred A (quar.) $1.25 9-27 9-17 $1.50 8-31 8- 5% non-cum. preferred A (quar.) $1.25 12-27 12-14 Line 1 1 5-25 5-15 50c 6-14 5-29 50c 6-12 5-25 $1 RR. Inc., ^com (quar.)_ 15c $1.12% 2 6-18 7- 2 6-18 7- 8- 1 7-16 $1 8- 1 7-16 50c — Sons A 7- 2 6-15 6- 4 5-23 6- 6 5-23 — quar.)— (quar.)___ (quar.) — $3.75 (quar.) $1.25 6-26 6-15 prior S2-$5 (A. E.) Stock Mfg. preferred Co., com. 50c (quar.) 100% dividend (quar.) Accident 94C — Insurance (Detroit) $3.50 Brands, preferred Inc., common (quar.)_. 6- 5 5-25 30c 6-15 5-15 87 %c 6-15 6- 6- 8 - Quarterly Standard 6-20 40c preference Standard Co.— preferred A Co & preferred 6- 6-15 Air 9- 12- 50c (increased s-a)— (increased 6-15 6-15 __=E„_ preferred R.| 22%c 6-30 (quar.) Scruggs-Vandervoort-Barney, (E. Common Stahl-Meyer, 6- A 9-10 12-10 Service— 6-14 series Electric Sprague (quar.) J (quar.) Lace 8c Co. common Co., preferred Seaboard Royalty 6- 6-15 20c _—.—,——, 6- 6-15 $1.18% (quar.)—— preferred (quar.)— preferred (quar.) 6-15 $1,121/2 (quar.) 25c $1.06% common Spencer, Kellogg & Sons, Inc. quar.) Scranton-Spring Brook Water $4.50 preference preferred (quar.)_ common 1 6-15 • 3 $1.25 (quar.)___„ preferred preferred 4.10% Co., 7- 3 62 %c common preferred A (quar.) Scranton 4 % % 150c $1.25 Remedial Cummins Paper $3.40 1 6-15 2 (quar.) (quar.) 7c Lock Schwitzer Scott 6- 7- $60c Ry., (initial Co., convertible 6-15 $1.25 Gas ■«". common preferred Union 4 % % $$1.50 Mining Co Bridge Southern $1 Co., preferred non-cum. non-cum. Southwestern (s-a) Toy 5-25 $1 Fire common Sarnia 6- 9 $18%c (quar.) (quar.) preferred New (quar.) (quar.), preferred 5% San Francisco 6-8 Ltd.— (quar.) preferred (quar.) preferred 7- 1 5% 5% Spalding Paper Mills, Louis-San 5-21 37%c (quar.) preferred 2nd 6-8 5-31 75c Corp., Ltd. $2 1st pfd. preferred (quar.) 2nd 7-2 $$1.07 (quar.) Lawrence Lawrence 25c 25c Joseph Lead Co. $6 ' (quar.)_ (quar.) (quar.)— . . 5-15 (quar.) pieierred . - 6-18 6- , 5-15 6- Plastic Indiana Gas preferred 1 5- (quar.) California 6- 6-29 9 common (quar.)__ preferred 5-18 6-29 :_ Ltd. 5-15 8 $1.25 (quar.)—.— com. Sugar 5-23 75c Edison 5% 6-20 6-30 Co., (quar.) 6- 31 %c (quar.) California 4.32% 9-10* 12-10* 8c 1 (quar.)__________ Southern 6- 6-11* 9-20 40c (increased)— Southern 5-22 6-15 Inc. Company 5-31 6-12 6-20 12-20 15c Southern 6-15 10c 5-25 25c (quar.) Company, Southern 12 %c Inc.—: 1 ' 20c — , Gas Rico preferred Southam 8 50c Haynes, Porto 8% 1 Pulp Co. preferred 37%c ___ (increased) com. Co., Oil Atlantic 5% 6-20 4%% Company 5- ""'4-24 30C L.) Company, preferred (quar.) South 6-11 30c C.) 5 & Sons Carpet Co.— (quar.) (T. Soundview 6- 1 (Jacob) 6- 75c (Alexander) South (quar.) 75c Corp., common $1.25 conv. pfd. series A 1 6-11 5-23 6-14 Co.— Smith, Kline & French Laboratories 4 6-11 Iron & 30c •*' 2 JL Sonotonp 6- 4 6-12 35c (quar.) (quar.) Steel Socony-Vacuum • 6-11 2% Inc. (quar.)_l Inc. Common 6-8 a 13c "'""75c" ■; 75c 6% 30c : Quarterly ordinary 8- 7 Co., Ltd.— receipts (interim) (quar.). Quarterly Smith (quar.) (quar.) deposit Co. Sloss-Shefiield • al5% (quar.) Manufacturing 5-31 , Co. pfd. (quar.) Mfg. $20c ._ Corp. Singer 6-20 - ■' Oil 6-15 w $1.25 $1.25 for Company 5-22 6-12 & 6-30 $$1.75 Co., Inc. 6-25 6-15 Engineering Mfg. 6-30 7-16 30c (quar.)__ Standard 5% 6-15 1 35c (F. 7-16 $2c 6-18 7- 1 25c Co 1 7- 1 6- 75c —.___ Hoist & common Silver-Miller 1 6- 6-15 6- $2c (quar.) preferred 6- - 6-30 2 6-10 — (quar.) 6- 6-11 6-15 !- B 6- 6-11 6-30 $2 Products. 5-31 6-11 25c (quar.) 5-25 6-10 :30c (quar.) Ltd. (quar.)_,_: Mines Ltd. <Quebec)v (s-a)___',i_ Oil & Gas, class A (quar.;)____,_f 5%'. 6-8 1 5-25 25c t50c Angeles) (quar.) Crane Optical Signal >* 9-15 6-15 30c (quar.) 6-15 6-15 Breweries,. Sigma 9-15 6-15 < 25% common 1 6-15 40c 25c (Los Corp. preferred Shuron 0-15 1 1 15c 7- 22c . 7- 1 37%c * rr, dividend Common (quar.)___ 6-15 5-25 710- $1.75 1 5-19 1 ; Corp. of America, class A (quar.) $4.50 preferred A (quar.)___—__—!; 1 5- ) 9 6- 7- — Sherwin-Williams 7- 5- 1 6-15 6-10 $1.25 (quar.) (quar.) Mfg. $4 — Co. 6-11 25c 6%% $1.75 Oil 2 $1.25 Manufacturing Co. 6-12 $1,75 Inc., $4.75 pfd. (quar.) Shell 7- 4 6- $lc Sheller 6- 6-20 5-17 $1.12 preferred A (quar.) 4%% preferred B (quar.),,,— Shepard-Niles 1 1 6-11 25c (quar.) Mining 5-15 6- 5% 7- 7- 6-15 75c Corp Steel 6-11 6-25 75c 6-18 45c 6-20 4% 5-15 5 50c St. 6-11 50c (quar.)__ dividend Quaker Oats 1 6-20 1 25c Sheep Creek Gold Mines, Ltd. Co., Ltd., 4%% pfd. (quar.), $$1.06% Joseph Light & Power, 5% preferred A (quar.) 6-15 7- Bottling Shattuck-Denn 6-15 6-15 6-15 St. 6-15 7-14 6-20 1 7- 5-31 Company St. 1 35c Ltd preferred 1 1 7- Shattuck (Frank G.) Company (quar.) Shawinigan Water & Power Co.— 6-11 7- 2 7- 2 7- 2 Saguenay Power Co., 4%% 6-15 7- 56%c 7- $2 $1.50 " 5-31 $1.02 common preferred Pyle-National Co., 8% 6- als Extra 5.23 6- 6-10 Company 6-11 " 6- Sabine 5-23 7-10 1 35c preferred Sharon 6- 1 Ryan 1 $1 (quar.) (quar.) 2 6-15 6-28 Russell 5 $1.16% (qusr.) Publicker Industries, 3 7- 6-15 Ltd. (quar.)___ preferred 7- 75c St. (quar.) Non-voting common (quar.) 7% original preferred (quar.) 1st 6-29 A Shakespeare Sinclair (quar.); Safway ' 7- Co.* (quar.) Corp., class A B (quar.)_J Seven-Up 6-11 • Safety Car Heating & Lighting Co. 6-15 Inc. Simpson's, Ltd., 4%% ": 6-5 Oklahoma— Electric preferred 2 20c Russell Co.— of New Hampshire preference 4.08% 7- $50c (quar.), com. 6- 50c (s-a) (quar.) preferred (quar.) Service $1.40 8 15c Ruppert 1 $2 preferred 4.65% Ltd.. 6-15 6_i5 $4c (s-a) Propper-McCallum Hosiery, $5 2nd pfd of 6- 6-15 (quar.) St. pfd. A Providence Co. Class 50c $1 (quar.) 6-15 6-15 6-10 25c Serrick 11-15 8 12 %c 6-1 6- 1 50c 5 Corp. 7-1 10% Public Service Co. 8-15 1 6-15 ordinary stock 6-30 25c Price Brothers & Co., 4% 1 (interim) Ltd. 2 6-15 8 7- 15c 2 (quar.) 6-30 22%c 8 6- __. class 9- 50c 6-1 7- 6- 6-29 (s-a) Brothers, Extra 12- 40c (quar.) Metal O.) Ryerson 30c Preston East Dome Mines, Ltd. 7% 6- Guarantee & Seiberling Rubber, common (quar.) 4% % prior preferred (quar.) 1* 6- (quar.) preferred , 1* 6-15 $75c dividend Service 6- Atperica, Inc.— Pressed Steel Car Co., 6- 75c deposit receipts (interim) Corp. Ruud 6-29 18%c —__— Metals of 2 7-30 45c (quar.),, com. Pratt, Read & Co Public 6-15 6-25 25c Alexander, Inc. Company 4% 7- J75c Potter Public 5-23 $3 Co., (quar.) Ltd. 6-25 Rotary Electric Steel Co. (increased quar.) 5-23 6-14 62%c Extra $2 6-14 12%c (quar.) common Power River Co. 6-15 6-15 2 100% (s-a), preferred 6-20 Ltd.— Art (J. Stock & Sons Merchandise Co.— Co., Inc., (quar.) Electric 3.60% 5-26 ' 7- 50c ; preferred Potomac - 6-29 15c prior preferred (s-a) partic. preferred (s-a) 7- ^ Quarterly 50c (quar.) (quar.) T.) preferred Porter 6-21 8, $25c Plymouth Rubber Co., Inc. (irreg.),^ 6% 15c 1 6-12 $25c dividend Poindexter 6-8 2 Ross Ruberoid Planters Nut & Chocolate Stock 6- 2 7- $2.50 ___. Plymouth 2 7- Seeman Rowe Adams Development, Extra 7, 35c Pittsburgh Screw & Bolt Corp. Pittsfield $1.75 Co 15c Participating Seeger Refrigerator Co.' 6-20 30c Corp., common preferred (quar.) Ronson 2 $1.75 Glass 6-15 1 7- 30% 30% Extra : 2 7- $1.75 Cable 4% Pittsburgh, Fort Wayne & Chicago Ry.— Common 7- $1.25 Co., Co. Rolland Paper 5-28 75c (quar.) 3% $1.75 preferred series A (quar.) prior preferred (quar,), 2 50c- Co; Common 4% 15c Controls & preferred 5% 6-15 * 6-20 6-30 1 75c . Shoe Co.— & 6-12 $2 Pittsburgh & West Virginia Ry.__ Pittsburgh Consolidation Pittsburgh Mfg. 7- 53%c 53%c 7- 7-16 22%c (quar.),, (quar.),,,, B (initial' quar.),,',, com. Pittsburgh & Lake Erie RR. 7-16 Insurance 60c H.) Company (quar.),, 5 Rockwood Aircraft, 4%% Pitney-Bowes, Inc., (H. Little Rockwell $1 1 Angeles)— • 6-15 2 :— Appliance 5-31 (quar.) 6- (quar.I Title 5-25 2 common of Robertshaw-Fulton Pillsbury Mills, Inc.— $4 preferred 2 $1.75 Antelope Copper Mines Robinson, 110c Ltd 6-12 — 6- (quar.) Roberts-Gordon 4 12%c Mines, 5-10 Mills, Ltd.— 6-19.,v. > 6-11 Corp. 6-30 payment of 1 shilling no pence on each Robertson dividend 1 6- (quar.) 50c ... Phillips Petroleum— Stock 5% Simonds Silk partic. Roan (quar.) common A $2 5-19 4 6- 6-15 50c (quar.) 7- 7- (quar.) Inc., preferred 6- 6-30 6-lb 80c 3iy4c common preferred $1.12% (quar.) Corp. Company 5% 6- $5 . 1 $1.12% (quar.) Inc. Silverwood Western Riverside 6-30 $1.50 ______ Co 6- iquar.) 6-15 7- Works Corp. Stoker Ritter 6- 4 Norristown RR. Insurance Corporation, Riley 12-14 6-30 pfd, Co. & 90e ; Corp., common $4 preferred A (quar.)_ 9-14 1-2-52 37%c 25c (quar.) Philadelphia Title 3%% 1 $1 (quar.), 6-15 (increased) Co. Acceptance Security 8 (quar.)— 6-15 $1.12% 6-21 Sicks' Textile (quar.) common Cedar 8 7- $1.12% 2nd pfd. (quar.) Electric Co., common pref. Richmond Corp. 6-15 50c (quar.) non-cum. Philadelphia 6- Oil $1.12% com. (quar.) (quar.) (quar.) 2nd pfd. (quar.) 2nd pfd. (quar.)___ non-cum. $4 (qup.r.) com. 6-21 ' 6-12 Co., Inc., (quar.) 5-24 7-12 lc 50c & 6-14 6- Co 50c Phelps Dodge Corp. (increased) Philadelphia Dairy Producbs Co., $4.50 Oil Ranch Gas, conv. Securities & 40c 25c preferred 6% 8 Ltd.— Trust, Corp. (quar.) 6- 2 Co. Rice-Stix, Inc.— 7% 1st preferred (quar.),, 7% 1st preferred (quar.) 7% 2nd preferred (quar.) 7% 2nd preferred (quar.). (quar.) Seattle 5-28 ~ 50c . Corp.-^ class A (quar.) Co. 5-19 9 2 7- — registered (interim)-, deposit receipts (interim), American Rice 6- 6-12 6-18 (quar.) common Paper Selection Ordinary Trading Participating $1 Pettibone-Mulliken Pfeiffer Co., Rhinelander 6-11 ' 1 1 v (quar.) 50c (quar.) 9- Sears, Roebuck Seatrain Lines, 7- (quar.), com. preferred 1 Extra Petroleum Tobacco Co., (quar.) (quar.)— Rheem 1 75c $1.50 25c (quar.),,. preferred 7- (quar.) A 4.50% 5-28 6- 25c — Co (R. J.) B 7- . 4%% 7- 37Vic 25c $1.12% $28c (quar.) common 7-10 Extra (quar.) 3.60% 25c 25c (quar.) (quar.) Corp., preference Spring 25c 4%% 6- 9 1 prior $1.12Vi et Philco 2 Farms, Searle 9-15 75c preferred (quar.) convertible preferred $1 Seabrook 4 6-15 $40c $40c Life Insurance 7- 2 40c Salt Mfg. Co. (quar.) Telephone, $2.10 pfd, (quar.) Light & Coke Co. (quar.)_, Telephone Corp., common (quar.)— , 1 6-11 1 9- 5% (quar.),, Remington Rand, Inc., common (quar.) $4.50 preferred (quar.) Renold-Coventry, Ltd., class A (quar.) Republic Pictures Corp.— 5-17 6- 6- Ltd.— (quar.) 6-21 33%C (Del.) D.) 6-21 7-10 7-10 12 %c Oil Co. (G. 6-21 65c 33 %C (quar.) preferred (quar.) convertible preferred B (quar.) $1.35 7-10 50c preferred Seaboard 30c (quar,) preferred $1.12Vi $1.15 fermutit Company, (quar.) Milk Company common Co. 6-21 1 (quar.) common Holdert Payable of Reo 45c convertible 1 25c Co preferred $1.12 Vi Pennsylvania Pfizer ' 6-15 40c (quar.) Pennsylvania Peter 6-11 20c 1 Co., convertible (Los (Pittsburgh) (quar.) Reliance Mfg. Co. (Illinois)— accu¬ 7- $3 15c $1.25 (quar.) Bit non-cum. 3%% Peoples Gas Peoples A non-cum. Reliance undis¬ Pennsylvania Engineering Corp Pennsylvania Exchange Bank (N. Y.)' (s-a), Pennsylvania Power & Light Co., common 4Vi % preferred (quar.) 4Vi % 2nd preferred (quar.) 4.60% class Roller $1.60 1 6- 10- $1.18% 2Vic 8%c $1.60 (quar.) 6-11 2 6-13 50c 50c (quar.) preferred 35c 7- ; Co., common Drug preferred 8- 3 $2.60 Inc. preferred 43/4% Reed 6-12 Share Company Finance Common Hosiery Mills, Inc., com. (quar.),, prior preferred A (quar.) $1.32 Penn —— ( s-a) $1.32 (quar.) Cement Corp. — Silk 5% 12-15 $1 . Co. Raybestos-Manhattan, Inc. Rayonier. Inc., $2 preferred (quar.) Reading Company— 4% non-cum. 1st preferred (quar.) Reading Company, 4% 2nd pfd. (quar.) Real Estate Title Insurance Co. (Wash., 62Vic (quar.),— common (quar.) Common 6- Electrotype 7- 87%c 50c 933/4c 933/4c 25c 25c 35c 50c 50c (quar.)— (quar.) preferred Quarterly Rath Packing 5-31 J30c (quar.) (quar.)__ Rapid Seaboard $1.35 Co., common preferred (quar.),. preferred (quar.) 33/4% 6-20 1st Name of 5-31 3 When Per ' 6-15 50c 12c Corp Monday, June 4, 1951 . Holder» Payable of Rec. Share Mines, Ltd of America— Purina 3%% 6-15 1 Refining Oil convertible 7- 12Vic iquar.),_ Manufacturing Co., Ltd., com. $3.50 6-15 $1 20c Transportation preferred Penick 6-15 Ralston , / Manitou 2 "" : Extra 7% State 6-15 50c preferred Parker Quaker 7- 75c 5-25 $2.50 _ (s-a) When Per Name of Company 6- 5 $55c 5% Panhandle (quar.)_ Holdert Payable of Reo. Share Robinson ,. 1 r Volume 173 Number 5017 . . The Commercial and Financial Chronicle . (2335) Per Name of Standard 75c Company Factors preferred Standard " A 6-29 18%c class Oil of Standard Oil Co. (Indiana) Standard Oil Co. (Ky.) California 6-29 7-10 6-29 1 65c 6-11 50c 6-11 6- 9 5-31 6- 9 5-31 $1.50 6-12 5-10 25c 6-12 5-10 50c 6-11 5-18 (quar.) (quar.) Oil Co. (New Jersey) (.quar.) 3%% Oil Co. preferred A Standard Products Standard Silica Standard Stanley Fuel Products, _ 5% - 6-20 5 Twin Coach. 8- 3 Twin Disc 6-10 5-24 (quar.) Inc., voting 75c 7- 2 7- 2 "6-21 15c 6-11 5-19 Sterchi Stern Brothers & Stern 4Vi % & Stuart 6-15 35c 7- 7 6-15 75c class 6-15 6- 10c 6- 5-31 A ; ; 45c preferred 6- 9 6- 9 5-31 6- 9 Corporation for pfd. Bunshine Mining June Superior Co. Portland Sutherland tion on this June 1 issue 11 United Electric 6-11 7- 6-11 called 1 5-25 United Gas 5-19 United Merchants (quar.) (s-a) Telephone Bond & Share preferred (quar.)_ Gas Co.— : Inc. Co. Thatcher The Thew Co. New Oil 7- 1 6- 1 6- 8 7- 1 *6- 8 O. 7-1 6- 8 U. S. 6- 5- 4* 100% Stores, Ltd. 4V\% Tilo preferred (quar.)_ Inc. Detroit Timken Roller Tip Top Tobin Brothers, Toronto 60c Iron & 6-15 6-13 6- 1 5-15 6-14 5-31 6-15 5-31 (quar.)__ Truax-Traer Ltd. 3 6-15 6- 9 6-30 6- 9 (initial)—. Steel each at Forging per to be 5% convertible convertible Light & Power 9 7- 3 6- 7- 2 6-15 7- $1.75 1 2 6-15 6-11 6-4 7- 3 7-16 6- 5-21 $4 5% 5-11 6 7-20 3 6-15 7- 3 7-10 6-15 7- 1 7 7-16 7- 10c 6-30 6-15 7- 3 6-15 preferred Class A B Weston 5-10 5-10 Weyerhaeuser 6-29 6-18 6-29 6-18 6-15 6- 6-30 6-15 Wheeling & Lake Erie Ry., com. 4% prior lien (quar.) 7- 2 6- 8 7- 2 6- 8 White 6-29 6-18 6-19 6-12 6- 8 5-25 ' 7- 1 Upson (The) Oil 5% 8-10 6- 8 5-29 6-12 5-31 $1.12 Va 7-15 7- 5 35c 6-15 6- 2 1 12-20 7-1 6- 7- Co., 6- 8 50c 7- 2 6-15 pfd. (entire 6- 8 5-31 Stores, preferred 25 12Vic Co. & Gibbs $1.43% 88- Power 1 (s-a) & 2nd 7- 1 6-20 7- 1 6-20 7- 1 ,6-20 75c Machine Co., 8-22 com. 20c »6-15 A (s-a)— $1.25 6-15 6- 1 B (s-a)__ $1.25 6-15 6- 1 6-11 5-31- Products, Inc Co. 25c 11-1 30c 6-15 6- 50c 6- 9 7-13 $4 Works 6-27 6-15 6- 1 7- 2 6-22 10- 1 1-2-52 Corp. preferred Dutch (s-a) Bakers, 7- 2 6- 5 6-10 $2 Inc. Co 6- 1 1 8- 20c 7-16 6- 6-30 9 25c 6-15 6- 6-20 6-11 30c 6-15 6- 1 5 Works & i 1 6% 12- 1 6-11 6- 1 7- 6-15 6-15 1 (stock dividend)____ 7- 2 6-20 125c 6-15 6- 100% 6- 8 30c Co. Chemical— $1.50 Co.. com. (quar.) (quar.) (quar.) preferred (initial) Railway, common preferred (quar.) — (quar.)___ (quar.) 9 6- 9 6- 1 35c $1.25 Co. (quar.) (L. 6-11 5-25. 6-12 50c 25c — (s-a) Mines, a3% 6- 8 6-28 6- 8 6- 5 5-18 6-8 5-30 6-28 * 6-15 6- 1 $1.12Vi 6-15 6- 1 5-29 t3c Spring & Wire 7- t20c (s-a)__— (quar.) 6-30 50c —— 7- 3 60c Ltd., class A 1 6-20 Ltd Co.. 6- 50c $1.12Vi Works Boiler Mlg. A.) 5-31 6-15 1 6-30 $1.25 —__; (quar) ——, & 6-15 6-15 7- 12Vic & Machinery Corp.— (quar.)—— prior preferred (quar.)— conv. prior preferred (quar.) Towne 2 37Vic (quar.) Co. 5-31 , & Co., Ltd.— 25c — Extra 2 6-22 * 6- 5 6-30 6-15 6-15 6- 1 1 75c Steel (increased Youngstown Sheet & Tube Co. 1 - Corp 6- 1 6-15 6- 1 75c 6-15 5-18 25c (quar.) Coke & Products 6- 6-15 35c quar.)— 6-15 25c 6-12 6- 1 10c Door 6-25 6- 8 6-14 5-25 30c $1.01 6-20 6-20 5-25 6-20 5-25 tPayable in U. S. $1.12 6-20 5-25 ^Payable 62Vic 6-22 6- 37Vic . Detinning Co., common (quar.) preferred (quar.) preferred (quar.) 2 5-31 7- Pump $1.25 preferred preferred 7- 6-15 6- Youngstown Steel Car (quar.)_ Zonite 8 5-11; 6-15 common Ziegler Coal ■ 4. 7- 2 10c Co., registered Knitting Mills, Young 7-16 6- 6-20 25c Machinery Corp Wright-Hargreaves & 10-15, 5-31 $1.20 Co Steel Wyatt Metal Yale 5 $1.12Vi 5-25 • 20c (quar.) (F. W.) Youngstown 6-15 7-31 (quar.) 5-18 5 .. (accum.) Power 6- 25c ;_ 1 11- 1 $1.50 (quar.) Governor pref. 12-10 7- 7-16 4c & Woolworth 4Vi% $56c __ 1 8- 6-15 Light Co. Petroleum Worthington 4 Vi % 2 5-18 Co Lothrop, com. preferred (quar.) 5% 1 * 6- $2.50 pfd. (quar.)— (quar.) Dessauer Woodward 1 20c 7-16 6-30 25c Co. Wood Newspaper Woodley York (quar.) Electric & Power preferred (Alan) 9- J50c preferred i preferred (quar.) 6- Ltd.— (quar.)____ Co. 5% 9-10 50c Ltd. Chemical Wood 6-11 $1.25 Viceroy Mfg. Co.. Ltd Victor Chemical & $1.25 — 5-25 $2.50 Power, 6% preferred Oil $1.25 _— 6-11 7- 2 t60c (irreg.) Common (irieg.) (Canada) preferred Wolf 12-22 62Vic 20c Extra . 9-20 45c (quar.) Corporation Wiser 5-31 6-10 30c Verney 4.80% 4Vi% 5-31 * (s-a) Hydro Electric Co. Wisconsin 1 1 1 56 Vic com. preferred Investment 7- t$2.50 (quar.)— com. Electric Woodward preferred Vulcan . 10-19 62Vic * Co., Hosiery Co., common Wisconsin 6- 6-15 $1.06Vi (quar.)_ Common 6-22 1 7- 7- 3 $15c Lovett Grocery non-cum. ? 6-18 Ltd.__ preferred 7-20 62Vic Veedor-Root, Inc. (quar.) 6% 30c 1 50c Co Pump 8- 25c (quar.)_ C.) Wisconsin 5-31 (quar.) Virginian 5% $1.12 Vi t30c Wisconsin 12Vic (increased) & ' preferred (quar.) Winnipeg Electric Co., 5 12Vic (initial) Motors, — (J. 4 Vi % 8 6- 5c preferred $4.04 6- 6-30 Inc.—• * pfd. series A (quar.) conv. Ltd. Winsted 6-29 1 series Winn 5-25 (quar.) common 5% $5 6-15 7-30 6- series Wilson 4 (quar.) Vapor Heating Corp. 5% preferred (quar.) Virginia 6- - 25c Sewing 6-15 15c $1.06V4 ; (quar.) Wilson & Co., $4.25 4 6-15 6-15 6-29 preferred Wilsil, 6 6- 6-29 preferred 7-31 50c preferred Vanity Fair Mills (initial) Viau, 11- 6-15 60c (quar.) (quar.) (quar.) Light Iron Norman 4Vi% 8-19 11-20 5-10 convertible $4.50 4 tl7Vic Kamp's Holland Dorn 5- 8 30c (reduced)" 9 6- 50c quar.) (quar.) 4 <6- 15c (increased com. 6- 6-23 convertible Willson 5-21 6- 9 7-20 50c * 6-9 5% 5-21 43%c (quar.)__. Knitting Co. de 6-11 7-20 1 $1 5% 1 6-11 6-25 * (quar.) (quar.) Oil 7 40c Inc., com. (quar.) preferred ... 7- 7 ' (quar.) A WIllcox 6-15 2 30c common— preferred Utah held 8- 7-17 1 •Transfer 35c 6-20 6- 35c 9-20 35c 7-20 7-10 35c 10-20 10-10 in a Less closed Canadian tax British for Funds, less 15%; funds, resident income this dividend. 15% Canadian tax deductible tax non-residents' at the tax. source. N<MH reported hera. 7%. tax. 9-10 7% books not resident 8 Common July 7- 50c 5-23 (quar.)_ preferred Wilcox 6-15 6-15 Co. Electric $4.25 11-30* $1.75 (quar.) Co., Utica 6% 6- 7-31 (quar.) Corporation 6% 8-31* $1.75 preferred preferred Refining Knitting Viking 11-10 7-31 50c Co., 50c conv. redemption Corp. Wieboldt 5-31* 75c i Company, Virginia-Carolina 8-15 6-14 5-15 (quar.)_ for Motor Wico 6-15 6-20 9-20 $2 (quar.)____^— 5-22 6-15 7- 2 6-15 Timber Osgood called Whirlpool 5-21 50c on June $11 per share plus this dividend)__ at 6 5-21 1 Ltd;— 7- 2 $1.50 com. 5-18 11,-15 Co., 7- 2 \ 1 $1.25 (quar.)____ Weyenberg Shoe Mfg. Co. (quar.)__ 45c (increased) (quar.) Inc. 9 $1.75 Co. Electrical Instrument Corp. issue 6- 6- t7Vic Brake (quar.) (quar.) Willys-Overland new 6-12 * $3 112Vic Air Paper 7% 8 xLess Jamaica income j Corrected Previous payment tax. or holders published dates were of record incorrect. dates are ' 1, $2 6-22 62Vic Corp., Vick 6- (s-a) Statienery Corp. (quar.) *_ Westminister 6-29 75c (quar.) $4.20 5% < Trustees ■ & Westinghouse 6-29 7-20 7-16 Estate Tablet 50c (quar.) 6-15 7- Real 1 ; Extra 75c pfd.__: Products Co., Van 40c (quar.) Western 6 7- Wickes Match $4.20 on 6- $1.25 Universal Van 40c this dividend) 6-14 7-31 Corp.— — Universal 1 6* ' (s-a)__ (quar.) $1 Ltd Corp., 5% 5-18 8 3d quar.) redeemed share plus Tucson Gas, Electric Corp., Van 6-20 25c 1 2- (quar.): preferred A Laboratories, Inc.— Valspar Corporation, 4 Corp. ; Association (increased holder Stores Universal 6- 25c $105 United 5-28 9 6- t5c (interim) 11- preferred A 5% (quar.) _ (Del.) 6- 30c common Temper Corp., common (quar.) 4Vi% preference (one-half of shares 15 Steel 6-15 87Vic True by United prior preferred prior preferred $20c (auar.) 11-15 $1.25 2-15-52 5% 6-14 2 $1 preferred Lines prior |20c (quar.) —£*_■_ Coal Truck 5% 75c (s-a)___ Ltd. RR. non-cum. S. 5% 50c Greenbush U. Verney Quarterly Quarterly & 7% 1 $l0c com. . $1.25 5-31 60c (quar.) 1 15c _ (quar.)— (quar.) 6- 75c - l 7- 25c Co., common.- 6- 4% 1 7 8- Wheeler common 6-15 20c dividend) 9- 8-15 $1 (quar.) preferred 6- 7 1 $1.25 6-30 22Vic common 6-20 6-15 Class (quar.) preferred 2 9-15 $1.75 A 6- 7- 30c $1.12Vi conv. : 5-23 — (quar.) $1.50 A 6-15 6-15 30c preferred A 50c Co 6-15 6-30 Mont.) 6-15 Western Pacific RR.— Corp.— common series Corp., Tobaoco Utica 7- (Helena, 2 40c (quar.) 6- 7- Common 6% preferred S. Utah Trinity Universal Insurance CoV£,Dallas)— Troy Steel 7% 6-15 ( Co. 5% 50c common (s-a) Co., non-cum. 7% U. 6-15 $1.12Vi (quar.) Inc., Securities 4 6-11 50c 25c Stores Ins. 6-11 75c Rubber S. 6-25 $1.06V/4 (quar.) Leaseholds U. 6-25 $20c ._ A Life 5 6- 6-15 2 7- 30c ' Ltd 7-2 • (quar.)____ class 50c (interim) Williams 5-23 Corp 5-15 6-20 $1.50 Paper $1.75 (quar.) Card (quar.)_. 1 $25c & Department 8 75c preference S. 50c (increased)-— Ltd., A 5-31 Coke & Pulp 20c pfd. $6 6- (quar.) (N. Y.) $1 pfd. (quar.)_ (quar.) (N. J.), Co. (quar.)___ Utilities, 5-25 25c , Potash 1 7- 2 $1.50 v Condensing Co._ Western Printing & Lithograph Co.— 8% 25c Increased Trinidad 8 $1.06 Vi Airways, class A Empire Oils, Transue 8 6- J 15c Building Assn., Trans Caribbean Trans 6-13 6- 50c Co.__ Towne Securities Corp.— $1.75 prior preferred Traders 1 1 25c Ltd class 5-31 1 common (stock Ltd. 2 7- " 50c Works. partic. 7- 7- (quar.) U. 5-11 7- quar.)_ Bearing Tailors, 5 S. 1 6- 6-14 Products, Co.— * Playing 6- 6-12 (s-a) . 5-16 50c (increased quar.) Shipyards Corp. Tooke 6- S. 5% 5-28 5-28 57Vic . (quar.) Axle 9 31 Vic (quar.) Packing Co., Inc., common preferred (quar.). 7% Todd 6- 6-15 6-15 32c (interim) Timken 2 6-15 35c (quar.) 4Vi% B Roofing Co., Inc. Time, 7- 35c $1 (quar.) Thrifty Drug Stores, 5-16 U. 6-12 7- 2 (quar.) Quarterly 7-15 1 25c (quar.)__ Products, Inc., preferred (quar.)„. 4% 6-11 8- $1 25c Thompson Thrift 9 8 50c (quar.) 35c 8 7- 6- 8 6-15 (quar.) (quar.)__ preferred 6- 6- Western 7 50c Pipe & Foundry Co. Quarterly Gas Virginia Western common non-cum. Co. 6-15 50c Common (Seattle) (Del.) preferred Lines U. S. 1 (increased quar.) common com. U. S. 7- — com. Co. 25c common (quar.) Western 5-17 5-24 6- A Westeel 5-24 7-13 8 t$l (quar.) International 1st 4Vi% 8 $1.14 Co. & Partic. 8 • (quar.) (initial 6-13 6- (quar.) common 6-28 6- (quar.) Co., preferred S. 1 5-31 r 1 $1 (quar.) Co. Thomaston Mills, old 6- 6-15 25c Steel 4 Vi % 6-15' - 1 . 8 6-11 a6Vi% preferred preferred $5 7- (quar.) 6- 6-11 West . 7- ___ Shovel Thomas 5-15 U. 1 Ltd.— preferred Gypsum Co., 7% 6-15 1st Freight S. $1.16% ______ quar.)-_ common Glass Mfg., Fair 5-31 U. 5-31 10% preferred U. S. Guarantee Co. $1.27 Vi _______ (quar.) I.) 6-11 35c •. preferred -6-15 Texas 6- 6-12 6-15 4 175c Foreign Securities 2nd S. $1.15 _______ & 3 U. $1.16 $4 pfd. (quar.)__ Coal 7- $1.02(4 __, (quar.) (R. 1 * (quar.)____ Sulphur Co. conv. 6- 50c Textron, Inc. (New Hamp.), $2.30 pfd. (quar.) $1.25 6-15 & $4.50 7 3c .____ Textron, 6- Ohio West West Virginia Coal 6-30 7- 2 7- 2 6- Seashore RR. West 25c (quar.) convertible S. $1.06 V4 (quar.) Producing Utilities 6-15 U. U. S. Leather .__ Service, Pacific Texas 6-15 preferred & 5-28 75c Theatres, 35c Co. 6- Sugar Corp. 6-15 6-11 3 6-18 class 6-10 10c interest of 1 2 6-15 55c Insurance 1 6- Extra Finishing Co.— $4 6-15 Co.— Extra Texas 2 2 25c,, . dividend Texas Gulf 77- J1 (irreg.)_ (quar.) preferred Gulf 7% ; _________ preferred (quar.) preferred (initial Electric Texas 5-11 50c (s-a) par Georgia Ry. __ preferred $4.56 3 $1 (quar.) preferred Stock 7- * J20c com. 1 - 2nd pfd. $1 (quar.) Company Texas U. S. $6 I Transmission preferred 4.65% 5.10% Texas *5-11 3 40c ____; Paramount 6- 7- 15c Telephone 6-29 _ Fidelity & Guaranty Co. (Bait.) (quar.) 3 27c (quar.)_ Corp. (increased) preferred 4.64% U. S. 20c v 4.60% 6-20 56 Vic _ Pacific Corp., 56 Vic (quar.)— Manufacturers Co., (final) Certificates 6-20 7- (accum.*) Power, 6% Common 2 $4c (quar.) Tennessee, Alabama"& 4 Vi % 2 7- i preferred Products 4.10% 7- 25c Tecumseb Tennessee United $1 Taylor, Pearson & Carson (Canada), Ltd., Tennessee United 1 J4c convertible Telluride 8-31 11-30 '50c . 1st 1 ' Taylor & Fenn Co. 7 % 1 6- & 7- 2 25c Coast 5-23 Co dividend 25c (quar.) Indies 6 (quar.)__ Co. 7- (quar.) Co. West Ltd.— Improvement Ordinary 710- & West 6-20 Corp Molasses 1-2-52 40c ! , Stove 4.32% Gas Stock 6-11 40c Talcott (James), Inc., common 4Vi% preferred (quar.) Tappan , 67- (initial) Illuminating United 5-25 7-17 31V4c Fixture 25c 6-15 40c r_ 6-15 Gardner West Jersey (quar.) United _ v A 9 48c Welsbach 7-15 5-24 9 6-15 50c Wells 5-31 6-27 6- 17 Vic (quar.) Webster-Chicago Corp. 6-15 1 8 5 $1.50 (quar.)_ 1 6- 6-16 5-31 6- & preferred 6-28 current (quar.) Investments, 6-30 redemp¬ share plus 6-11 Showcase 5% 62Vic series A Cos. preferred 6- United Sylvanite Gold Mines, Ltd. B 50c . Weber 6-15 25c common from (quar.)__ 25c a Sylvania Electric Products, com. $4 preferred (quar.)__ Extra Fuel for per Co. 20c 1 4 6- 6-20 60c Coal pfd. Wayne Knitting Mills (quar.) 5-18 2 6-30 $1.12 Vi Corp. $6 6- 6- 25c $1 Corp preferred Class 6- 7- 25c Fruit 6% 6-11 Swift & Company— Quarterly Quarterly Quarterly United 6-11 $1.25 Extra United 22c ;/ 6-15 Co.— Carr-Fastener 6-19 2 8 75c Co. Elastic 6-29 7- (initial) (quar.) Corporation (s-a) United $25.50 (quar.) $103 Glass United 7-16 6- 20c Corp., preferred 6- called at _ : & conv. Carbon 5-25 1 2 : Power, 6-15 7- 5 7- 5 6-18 25c 7- (quar.) Water 8 6- 25c Waterloo Cedar Falls & Northern RR., com._ Waukesha Motor Co. (quar.). $6 6-15 50c (quar.) at Can 6-16 25c Washington year) 6-15 30c ___: Inc. issue dividend United 6-16 1 , 9-20 30c earnings United common Co., Entire United 6- 9 of 1 quar.)___ 5-23* America— Carton & (Out 6-20 7- $3.50 (quar.) (initial 6-21 2 6-15 7- (s-a) com. Pictures, Inc. 1 (quar.) com. of 15c (quar.) Cement Paper pfd. 6-20 1 26&C on redemption 2 Bros. 9 $1 (quar.) *25c share plus this dividend per 7- 7- Warner Warner-Hudnut, Inc. 6-20 5-15 45c 7- — new Co. Board pfd. 6% 6-15 2 2 25c 6- 93%c Co preferred 4Vi% quar.) (quar.) Entire Aircraft, 50c (quar.)___ B. Co. Drill Biscuit United 6-20 5-29 7- 6-12 7- $1.37Vi preferred (quar.) RR., guaranteed 15c ■ _ 5-10 25c 10- (Omaha) 6 6-11 40c Extra (quar.) (quar.) Co., Ltd. (quar.) 9 6- 62Vic 25c Co. 6- (quar.) River 20c $4.50 $1.25 - A Rope Corp. United 5-31 1 1 Ware California— of United Inc. 62Vic Extra 5-31 System, & Washburn Wire Co. —— 3 6-20 J25c 62Vic (quar.) Co. (quar.) (quar.)_ Co. RR. Sugar Wire . (quar.) " conv. : * common preferred A (quar.) Corp. Yards Twist Union fiscal (quar.) (increased common Sunray Oil Corp., 4%% 1 10c Co., 4'A% 9 45c Company (quar.) Oil 4% 2 B Sunbeam , 7- Union Strawbridge & Clothier Co., $5 pfd. Stromberg-Carlson Co.— — Sun 5-25 Union 77- 75c Rubber & preferred 8 r_. Corp., convertible Oil Pacific 56c Extra 4% Union Stock 6- St. Investment Union Inc. Corp Mills Asbestos Union 37Vic (quar.) Walker 5Vi% 5-16 6-12 37Vic 5-31 7- 75c (quar.)___ Ltd. (increased) 75c Union $3.75 5-25 $1.12,/a (accum.) 6-15 $25c Corp. Mines, Payable of Rec. 7 Vic Company (quar.) Company, class A (quar.)_ Walworth Co. (increased) Ward Baking Co., common (quar.) 4 7-13 30c -— Co. Electric Noldert When Share Walgreen 6- $0.1154 Corp. 4 « 6-29 (quar.) Quarterly Underwood 9-14 12- 3 preferred Co. South La Salle 208 6-15 7- (quar.)_ Extra Class 12-21 f20c Webster, Inc. Stonecutter 6-13 9-28 $1.25 Textiles preferred 6-29 $1.25 (quar.)_____ Steros, Inc. Stewart-Warner Stone $1.25 (quar.) 5% preferred (quar.) Stedman Brothers, Ltd. $1.50 Clutch Union (quar.) 7-13 37Vic Company Amulet Waldorf $0.3424 share 6-21 75c com.__ Wagner Waite called 6- common preferred issue 8-15 Supply preferred (entire 7-13 Stecher-Traung Lithograph Corp.— 5% preferred conv. 6-20 933/4C common 6-29 6-15 for 12V2C (quar.) (quar.) Spring Co. Home Non-voting $1.50 50c common Co Corp., Steel 50c $1.12 Vi preferred 15c (Ohio) Per Name of Vulcan Mold & Iron Co. (quar.) Wabasso Cotton Co., Ltd prior redemption on July 13 at $35 per plus dividend) Twin City Fire Insurance (Minneapolis) (s-a) 4Vi % preferred (quar.) : Extra Standard prior Holdert Payable of Reo. Corp.— (quar.) preferred (entire issue called for redemption on July 13 at $100 per share plus this dividend) $1.50 preferred (quar.) : 5-11 50c 25c $4.50 $4.50 5-10 Extra Standard Century-Fox Film Common (quar.) 6-29 7-10 When Share Twentieth 6-20 12 Vic (Del.) Per Name of Company 6-20 12V2c B Standard State Holdert Payable of Rec. 7Vic (quar.) Holding Corp., Class When Share Corp., common 51 52 Chronicle The Commercial and Financial (2336) . . Monday, June 4, 1951 . STATE AND CITY DEPARTMENT NEGOTIATIONS BOND PROPOSALS AND Trust ALABAMA Chambers County (P. O. Sale issue The — Louis, R. W. Ira Haupt & St. Co., & of ler & Co., of Cleveland, Laurence Marks & Co., of New York $310,000 State Gasoline Tax An¬ ticipation warrants was purchased M. by Odess, Martin & Herzberg, of lanta, Stern Bros. & Co., of Kan¬ 3V4S, at Birmingham, as 3s and par. Dated May 1, 1951. Cullman Warrant Sale Courts & Co., both of At¬ lanta, T. H. Jones & Co., of Cleve¬ of issue $250,000 State Gasoline Tax An¬ ticipation warrants was purchased by Berney Perry & Co., and Hugo Marx & Co., both of Birmingham, jointly, 3s, at par. as Crawford Hill, land, Ala. The — City, Robinson-Humphrey Co., sas Inc., (P. O. County Cullman), Georgia, At¬ of Co. Trust City, Little Co., both State Rock, of Bank Trust & Bank Worthen of Lanford, & Sale The Warrant — issue of $72,000 refunding school warrants, series 12, was purchased by the First National Bank, and the Dothan Bank & Trust Co., both of Dothan, jointly, as 2*/2S, at par. 1951. Dated May 1, Guin, Ala. & $3&,000 Co.; Odess, Martin & Due from 1953 to 1970 incl. Bond Offering—H. G. Zeigler, will receive bids until noon (CST) on sealed for 26 1951. of improvement, July 1, July 1 from 1952 to Dated bonds. SA Due on inclusive. 1901 purchase sidewalk $330,000 series the bonds The callable. Interest J-J. 634,000 4s. Due on 5,841,000 2s. Due from by of New Columbia Sale Warrant 14 May 1 from 23—v. to 173, Sch. $100,000 con¬ on May offered 1941—were awarded p. the W. R. Stephens Investment ap¬ ^ ' bonds Rock, at $71,500 purchased by Satter- Brothers par, & Little Co., of follows: as 2s. as 13,500 construction bonds, as 2Vis. 53,500 construction bonds, as 2V2s. CALIFORNIA San issue of refunding and sewer warrants was purchased by Hendrix & Mayes, of Birmingham, as 23/4S, at par. County Water District, County (P. O. Mateo 158, Belmont), Calif. Dated April 1, 1951. Sale—The $350,000 water bonds offered on May 28 173, p. 2236—were awarded syndicate composed of the v. to a Sale $35,000 — obligation general rants was Marx & by Hugo Birmingham, as (P. Bond O. Offering—J. until bids 10:30 1966 Clemente Bond bonds offered net interest cost of about 2.35%. Nuveen p. 2236 at Clerk of 2 p.m. (MST) purchase of Board receive 1953 until school bonds. Due July 1 1961 to bids June 18 for the on of $5,000 Dated Jan. 1, 1951. from Supervisors, sealed on incl. Inter¬ (State Bond Sale—The — on were a Orange Ana), $140,000 school & Board of Supervisors will receive June 5 for the (PST) on purchase of $5,- bonds offered on May 29—v. 2035—were awarded to 173, a syn¬ dicate composed of the Chase Na¬ tional New Bank, of Mercantile-Commerce 1 from 1952 to 1971 inclu¬ York City, Bank & Bond Offering—Harold J. O. Ostly, County Clerk, will receive sealed bids until 9 the a.m. purchase tagious of Disease (PST) June 5 for $5,000,000 Hospital Con¬ and County turing in 1960 to 1967 are callable. Interest J-J. Legality approved of $1,053,000 bonds, as York New fol¬ Offering Unified High $806,000 Los Gatos District School of America National Trust & Sav¬ follows: sealed Encinal bonds. V,,;; District School • 7. 100.19, basis a 60,000 at a price bonds, of 101.69, July 1 from 1953 to 1961 incl. cost of about bonds The 1957 water about bonds, system Bank San & as Thorndike, was Savings Francisco, at Bank Trust & Plainville $5,000 3V2S. Due 1954 on 2.73%, National 2.71%, 1953 June 1 1958 on 24,000 2%s. \ from 1957 1960 1963 Due on June 1 from Calif. Dated July 1, 1951. July 1 from 1952 to 1970 inclusive. Interest J-J. on Unified School Dist., Lake County (P.O. Lakeport), Cal. Bond Sale—The issue of $20,000 school bonds was purchased by the Bank America of Nurses Home bonds. Dated July 1, 1951. Due on July 1 from 1952 to San Francisco, 1971 inclusive. Interest J-J. 100.04. Trust & Savings ' as National Association, 3s, at . a 1 June 1952 from J-D. Interest Best, Coolidge & Rugg, of Dade County Boston. . (P. O. Fla. hos¬ Sale—The $1,500,000 Bond pital bonds offered on May 29—v. 173, 1932—were awarded to a composed of Halsey, & Co., B. J. Van Ingen & p. syndicate Stuart Co., of New York City, Blair, Rol¬ lins & Co., Inc., Hornblower & Weeks, R. S. Dickson & Co., both New York City, Braun, Bos- June 1 from worth & Co., Inc., Trust Co. of Georgia, Robinson-Humphrey Co., inclusive. of Atlanta, Leedy, Alleman, of Orlando, both Inc., Wheeler & to Due on June 1 from 1968 inclusive. Co., of Atlanta, Pierce- Carrison Corp., Doll & of Jacksonville, Isphording, Inc., of Cin¬ Western Contra Costa County Hos¬ burgh, of Drice of & cinnati, Thomas Sale—The Bond 000 Pequegnat, County Clerk, will receive sealed bids until 10 a.m. (PST) on June 4 for the purchase of $29,000 Middletown on inclusive. pital Dist. (P. O. Martinez), Calif. Bond Offering—G. A. Due on inclusive. 1962 to 28,000 2%s. inclusive. Riverside), Due 1971 to of Due on June 1 from 15,000 21/2s. Mecca Sch. Dist., Riverside County O. Due 1959 to p.m. (DST) on June 6 for the purchase of $780,000 elementary school construction bonds. Dated June 1, Courts & June 1 from 1965 to 1968 inclusive. (P. of Due on June 1 from 15,000 2%s. inclusive. Due 1964 National Association, 1956 inclusive. to 1:30 until bids sealed ceive $74,000 follows: as $20,000 4V4s. ' will re¬ Treasurer, Town Miami), Francisco, at a price of a net interest cost of about purchased by =' Offering—James S. Salo- Bond mone, FLORIDA 100.06, to to 1 purchased by America of O. (P. Plainville), Conn. Tulare County Savings Dodge, of & Palmer 1974 inclusive. was 1, July dated are Legality approved by Ropes, Gray, July on Bond Sale—The issue of $41,000 Association, of price of 100.02, a Due 1963 to building bonds San Calif. America of 2y4s. on Boston. 1951, from July 1 on Sch. Dist., Union follows: 1959 from 1962 inclusive. 1960 to the net interest cost of about a follows: inclusive. 2s. Due 1,032,000 as basis Fresno County Fresno), O. building bonds the a 3.68%. Madison Sch. Dist., (P. 1959 to Due bonds. 16 Legality approved by Storey, 1951. (P.O. Visalia), Calif. 3%s, at price of 100.99, of as $258,000 3s. Due on July 1 basis of about 3.41%. 14,000 2.28%, No. ment July 1 from 1953 to 1971 incl. as a on incl. 481,000 general public improve¬ ment No. 16 bonds. Due on Sequoia Union High Sch. Dist., San Mateo County (P. O. Redwood City), Calif. from system water 3V2S, Due July 1 from 1953 to 1956 2,117,.000 general public improve¬ 258,000 of improve¬ bonds. 16 No. .* • price a public general $78,000 ment bonds. 106,000 $2,000 water system bonds, as 4s, at , (DST) on June 7 for the purchase bonds, as follows: 141,000 Cupertino School District ings Association, of San Francisco, as . Frederick L. City Controller, will re¬ bids until 1:30 p.m. Cronan, ceive bonds. Angeles County Water Works ings Association, of San Fran¬ District No. 22, (P. O. cisco, and the other by the Ameri¬ Los Angeles), Calif. can Trust Co., of San Francisco, at Bond Sale—The issue of $76,000 a price of 100.16, a net interest purchased by the Bank Conn. — of $2,676,000 lows: — was Wood, & City. New Haven, Los bonds Delafield Hawkins, by Bond bids will until The bonds ma¬ inclusive. 1967 to Sch. Dists. Bond Offering—Sealed bids June 11 for the 011 purchase of $160,000 public .im¬ provement bonds. Dated Jan. 1, 1951. Due on July 1 from 1952 (P. O. San Jose), Calif. as school bonds. Angeles County (P. Los Angeles), Calif. Clara (DST) p.m. of San Mateo. Santa sealed of America National Trust & Sav¬ a.m. 000,000 hospital and Nurses Home by Kirkbride, & Wallace, of gality approved Wilson, Harzfeld Lake Sch. Dist. Bond Sale The? $1,548,000 2%s, at a price of building bonds offered -op May 29 101.39, a basis of about 2.63%. v. 173, p. 2135-^were awarded to 71,000 Hawthorne Sch. Dist. a syndicate composed of two bonds, as 3s, at a price of groups, one headed by the Bank 100.39, a basis of about 2.95%. Little 12,000 2V2s. Angeles County (P. O. Los Angeles), Calif. Bond Offering — The Counly on of Finance, Board receive 8 inclusive. follows: as bonds, Los of) $7,000,000 State San basis of about 2.60%. Trust May 29—v. 173, awarded to John sealed bids until 9 Due Clerk of receive July 1 from 1952 to Interest J-J. Le¬ 1951. 1976 Bond Offering—Roland H. Gard¬ ner, will purchase of $25,000 bonds. Dated July 1, (P. O. New Canaan)t Connecticut Augus¬ sealed bids until lO a.m. (PST) on Trust of Bond Sale—The issue of Co., of Chicago, as 3s, price of 101.27, a basis of Los Highway Construction, series 1951 a J-D. sive. Interest J-J. ARKANSAS p. Santa 1, about 2.88%. July Arkansas Association, $125,000 Hudson Sch. Dist. bonds, as 2%s, at a price of 101.52, $32,000 bonds. Dated July 1, 1951. Due on est J-J. ' Dist., O. Sale—The offered on May 24—v. 173, 1932—were awarded to Refsnes, Ely, Beck & Co., of Phoenix, at a Dist. No. 93 (P. O. Phoenix), Ariz. Bond Offering — W. O. Glick, National America of Savings 1952 to California bonds Maricopa County, Cave Creek Sch. Interest Sch. (P. $500,000 school p. & on June June 1 from on inclusive. 'County Phoenix), Ariz. Sale—The May 29—v. 2236—were awarded to the 15. June dated are CONNECTICUT will Clerk, County chase Bank bonds New Canaan H. Offering—W. (P. Brown, (PST) a.m. bonds.. Dated 1951. Due Maricopa County, Phoenix Union High Sch. Dist. (P. O. will L. Works District No. 3 (P.O. Red- J wood City), Calif. received until June 4 for the pur¬ Angeles County Sch. Dists. O. Los Angeles), Calif. Bond Sale—The $429,000 build¬ inclusive. 1951. County Water June 5 for the by Orrick, Dahlquist, Herrington, of San Fran¬ Los County Clerk, will receive sealed building ARIZONA Bond Fresno County Fresno), Calif. Dist., June 12 for the purchase of 3%s, at par. purchase of $30,000 Dated July 16,1951. of about 3.81%. Sch. a Mateo approved 173, p. The June 15 from on 1971 to as water-1951 R. E. Graham, July 16 from 1952 to 1956 Interest J-J. Legality- on Neff & 3.11%. war¬ purchased Co., of Trust of issue — cisco. Savings ■ The Dist., O. inclusive. Bank of America National Trust & Bullard Vincent, Ala. Warrant School system Association, American Co., Blyth & Co., Dean Wit¬ Dated May 15, 1951. ter & Co., Lawson, Levy & Wil¬ Bond Sale—The issue of $220,- liams, Walston, Hoffman & Good¬ 000 water and sewer mortgage win, all of San Francisco, and C. revenue bonds was purchased by N. White & Co., of Oakland, as 3s, Hendrix & Mayes, of Birmingham, at a price of 97.88, a basis of about 3s, at par. the 233,000 Bond Ala. Offering for Trust Association, of San 2V2S, at a price of basis of about 2.317c. Bond Joaquin County (P. Stockton), Calif. Francisco, $4,500 construction bonds, Belmont 102.55, ing bonds offered on Sale —The were field Box $125,000 general obligation school as 4 the to National America 1965 inclusive. to 345,000 23/4s. Due 1966 : r June 15 from on Savings inclusive. 1979 to Elementary San Co., of Little Rock, at a price of 100.54. & tus, school bonds. Magnolia The — bonds 1952 County Clerk, will receive sealed bids until 11 a.m. (PST) on June (P.O. Magnolia), Ark. Sale Bond struction Pershing, The — County, Dist. No. York City. ; Russellville, on of Francisco, Interest J-D. Linden awarded 2135—were p. San Bond inclusive. 1961 inclusive. 1985 to bonds offered on Bank 1960 school May 22—v. 173, $34,000 Sale—The June 15,1956. on 1957 to 1959 inclusive.f( (P. O. Oakland), Calif. County follows: as 150,000 3lAs. Due on June 15 from J-J. Interest follows: May 1, 1952. May 1, 1953. on 1956 $50,000 3V2S. Due net interest a 2.73%, Alameda 300,000 21/2S. Due Dist., Sch. Leandro 14,000 water system bonds. Dated June 1, 1946. Due on June 1 interest net as are Legality & Mitchell proved a 2.10%, Additional Comptroller, June 100.05, $525,000 6s. Due Mobile, Ala. City of Due on July 1 1951. 1, July from Due Herzberg, and Hendrix & Mayes, all of Birmingham, as 3V2S, at par. price 1954 to general obligation bonds was pur¬ chased by a syndicate composed of Hugo Marx & Co.; Watkins, Morrow Co., and Blewer, of St. Louis, at & cost of about v, Sale—The issue of Bond Stix Bluff, Interest M-N 60,000 water system bonds. Dated Heitner & Glynn, a San Bond 1962. and 1961 Leary & Co., of Shreveport, Simmons National Bank, of Pine Ala. $76,000 of purchase bids will until June 5 for the received be price of 100.04, a purchase of $16,500 school bonds. follows: as $2,000 water system bonds. Dated May 1, 1936. Due on May 1 in row, Dothan, the for 29 bonds, Wachovia Asheville, Thomas & Co., of Pittsburgh, John W. Clark & Co., of Chicago, Bar¬ Ostly Bond Offering—Harold J. County Clerk, will receive sealed bids until 9 a.m. (PST) on May at cost, of about (P. O. Hanford), Calif. Bond Offering—Sealed of Co., Oakvale Sch. Dist., Kings County Angeles), Calif. National Texarkana, Trust & Bank Angeles County Water Works Dist. No. 22 (P. O. Los Los Co., Bacon, Stevenson & Co., all of New York City, Hayden, Mil¬ Lafayette), Ala. Warrant of Co., Pressprich by Bank & issue of $845,- hospital bonds was purchased a syndicate composed of the of National America Trust Savings Association, American Trust Co., Weeden & Co.. J. Barth & Co., Dean Wit¬ ter Co., Blyth Co., all & California Staats John Co., of San Bank, both Nuveen & & & Francisco, William Beach, Co., of New York City, at a price 100.02, a net interest cost of of about 2.587c, 1953 to 1,200,000 of Los Angeles, Co., of Chicago. from offered Schwabacher 1956 inclusive. 2V2S. Due on 1 from . , . June 1 1957 to 1972 inclusive. Miami Bond —were Co., H. follows: R. & Co., as $300,000 4s. Due on June E. Work & Co., Lawson, Levy & Williams, Stone & Young- Kaiser Co., of Pitts¬ Atwill & Co., of Miami and Herbert J. Sims & Springs, Fla. Sale—The on _ $300,000 bonds May 28—v. 173, p. 2135 to a syndicate awarded composed of Atwill & Co., of C. N. Miami Beach, Prendergast, Fahey White &, Co., Oakland, and Fred & Co., of New York City, and D. Blake & Co., of Los Angeles,^ Barcus, Kindred & Co., of Chicago, berg, all of San Francisco, Volume 173 Number 5017 . . The Commercial and Financial Chronicle . (2337) at price of 97.71, a cost of about $101,000 bonds. 1955 Due to 199,000 Dec. 1963 1952 from Dec. 1966 The Sch. No. 1 (P.O. Fort Pierce), Fla. 1951. the purchase of $1,530,000 Dated July 1, 1951. July 1 from 1952 to 1971 Due on inclusive. The from to 1962 Legality bonds 1971 approved J-J. June Legality 1 Caldwell, Marshall, Trimble & Mitchell, of New York City. bids June and Jan. Blom, until re¬ 10 a.m. 1951. Due bonds. on July O. Not 'Sold—The bids receive for (CST) Due a sealed bids until 10 a.m. inclusive. Interest J-J. New ILLINOIS Bond July 1, Interest 1952 J-J. to Jan. Legality by Arthur Oest- of $650,000 building bonds. Dated June 1, 1951. Due on Dec. 1 from 1952 to 1970 inclu¬ J-D. Legality ap¬ proved- by Chapman & Cutler, of Chicago. receive Offering will receive until 7:30 p.m. for the sealed (CDST) purchase building bonds. 1951. Due bonds are on on of Jan. 1, callable. Secretary bids until 8 will G. receive until 8 p.m. (CST) the purchase of 100,000 bonds. Cotton No. 12 68,000 County (P. O. Maysville), Ky. Bond Offering—John until Crystal Lake), III. The will 86 (P. O. Joliet), a.m. 1:30 (EST) p.m. Town Clerk, — spectors, will receive sealed bids $60,000 until 7:30 p.m. bonds. on Districts Board, A-O. Due will Chicago. Valley bonds. bonds. Due Sch. Bond Sale — The $35,000 Mu¬ until 10 a.m. — v. 173, p. 2135 (CST) p.m. purchase The — were of Dist. No. from 1952 to May 28—v. 173, on awarded to 2036 p. Alex. Brown a of Cincinnati, 100.84, a as 2V2S, at a basis of about 2.03%, price to 2.38%. (CST) of 1 on The on public sewerage bonds. Township (P. O. Charlestown), Ind. Bond bonds 1971 bids June 6 for bonds, improvement, district Offering—Kynard L. Taff, Township Trustee, will sealed bids until 2:30 p.m. receive (CST) due are No. 1 from 1953 1, Calvin to Bond Sale—The — awarded rities v. to Shawmut Boston No. (EST) 173, the Bank, of the at Massachusetts Housing Authorities (P. O. Boston), Mass. Bond Offering — The Chairmen of the the following Housing Author¬ will receive sealed bids at office of the State Housing Board, 18 Tremont Street, Boston, until noon (DST) on June 12 for purchase of $7,789,000 State Guaranteed bonds, as follows: $150,000 pub¬ p. 1837 — Equitable on were Secu¬ Corp., and Glas & Co., of New Orleans, jointly, at a price of Group A bonds. 911,000 Cambridge, Project 200-1 bonds. 340,000 200-1 bonds. bonds 1969 maturing for Walter in Center Line, Mich. Sale—The $59,000 special assessment on paving bonds offered May 23—v. 173, p. 2136—were awarded of East to the Detroit, First as J. Rapids, at interest State 2s, at Bank par. price 1 Wade, Inc., of Grand price of 100.12, a net a cost of $3,000 3s. Due and about on 2.49%, as April 1 in 1952 1953. 15,000 2V2S. Due 1954 to April 1 from on 1958 inclusive. Keweenaw County (P. O. Eagle River), Mich. . NoteOffering the building 1959- to Interest J-J. callable. are Bond — Joseph B. Kezele, County Clerk, will receive sealed bids until 10 a.m. (EST) on June 12 for the purchase of $18,- 000 tax anticipation notes. Dated March 1, 1951. Due on May 1 from 1952 to 1955 inclusive. The notes are callable. Interest M-N. Lincoln Park, Mich. Bond Sale—The $285,000 special assessment improvement bonds of¬ fered on May 28—v. were posed awarded to of the Corporation, Bosworth a 173, p. 2237— syndicate com¬ First of of Michigan Detroit, Braun, & Croswell, Croswell-Lexington Rural Co., Inc., H. V. Sat¬ tley & Co., McDonald-Moore & Agric. Sch. Dist., Mich. Bond Co., Shannon & Co., all of De¬ Offering—Gene J. Gill, Secretary of Board of Education, troit, and Sills, Fairman & . 8 receive sealed bids until of Chicago, at Harris, a as bonds. $165,000 4s. Due Dated April Project inclusive. 1 June fkvm The 1959 to 1968 1, 1951. 1952 to Due 1968 txyds maturing in are callable. Interest price of 100.005, net interest cost of about a (EST) on June 7 for the purchase of $194,000 building p.m. on Easthampton, 7 Legality approved by Miller, Canfield, Paddock & Stone, of Detroit. will $262,000 Amesbury, Project 200-1 $90,000 a Bond Sale—The $18,000 building bonds offered on May 23—v. 173, p. 2136 — were awarded to the until July 1 from 1952 to 1969 inclusive. National Boston, bids bonds. Dated June 1, 1951. Due on The Securities, Inc., of Harbor, jointly, at follows: June on of $45,000 build¬ 6n Hagar Township Sch. Dist. No. (P. O. R. 2, Coloma), Mich. Harbor), Michigan Bond Offering — Arthur Yore, Secretary of Board of Education, p.m. Sale—The 2.76%. Safe sealed ap¬ of par, a net interest cost of about June Benion receive Legality and the Berrien Benton (P. O. 1200 East Main Street, $750,000 notes May 25—v. 173, p. 2136 to on Township School District 10 re¬ p.m. May £3—v. 173, p. 2136—were awarded to Mc¬ Donald-Moore & Co., of Detroit, MICHIGAN Benton Field, by Miller, Canfield, Pad¬ Stone, of Detroit. ing bonds offered 1961 \ to 8 Harbor), Mich. r dated are until Hagar and Benton Townships Frac. Sch. Dist. No. 4 (P. O. Box 189, R. F. D. No. 3, Benton National Har¬ 1.18%. (P.O. Franklin), La. lic improvement bonds offered May 23 bonds E. on bids to 1963 inclusive. The bonds in 1962 and 1963 are callable. Interest J-J. Shawmut Bank, Bos¬ ton, at 1.15%. Sales—The awarded 1 Mich. 1952 Due to V. 4s, at maturing $250,Deposit & Trust Co., at 1.15%; and $250,000 000 Le¬ the Mary Parish Hospital Service 1 —were 1952 H. June 6 for the purchase of $15,000 building bonds. Dated June 1, 1951. Due on July 1 from Note Sale—The issue of $500,000 notes was sold as follows: MASSACHUSETTS on ! Boston. of Baltimore. ities inclusive. Dist. No. Char I est own (EST) 1951. inclusive. by sealed Bond from I.), Offering—Irving $210,000 bonds. as (P. ceive 1, Legality approved by Storey, Thorndike, Palmer & Dodge, of June 1 from rington, Jr., attorney for the County Commissioners, and by Mullikin, Stockbridge & Waters, offered 1 to Director of School Board, will June on of loan awarded Township Sch. Dist. O. Brighton, 1 R. Bond June 1 from 1952 to 1961 incl. from Interest A-O. approved Note Davis, sealed $152,500 18,500 St. No. dock & 50,000 water loan bonds. Due June on 1981 inclusive. street inclusive. County (P. O. Cambridge), Md. Offering—Walter T. An¬ Bond (DST) purchase water revenue May 21—v. 173, / Green Oak follows: June on 1975 inclusive. 72,000 2.10s. Due 1976 the as $160,000 follows: as 1952 to 1961 series B bonds. to for 8 to follows: The Co., par. Bond Offering—John E. Clark, City Treasurer, will receive sealed a.m. $32,000 system on 2037—were proved 11 sewer bonds offered Boston. bids until Sale—The supply and on June a.m. Legality ap¬ Canfield, Pad¬ Sattley & Co., of Detroit, dated are 10 Elberta, Mich. Bond Legality approved by Storey, Thorndike, Palmer & Dodge, of 1952 from Swarded to Frank E. Hailstone & price of bonds of Stone, of Detroit. 1, 1951. will receive purchase 115,500 on June June 1 from 1952 to 1956 incl. 1953 improvement A bonds. nicipal Building bonds offered May 28 7:30 the Guil- $18,500 public improvement, series Beverly Shores, Ind. dated are until by Miller, 1959 inclusive. on June from 1952 to 1956 inclusive. 1 Dist. from Sch. Due $228,000 2s. Due on receive Ferriday, La. Offering—L. W. will as June on bids dock & p. purchase Mayor, the INDIANA Due all on proved $85,000 paving bonds. Due Brockton, Mass.' ap¬ proved by Chapman & Cutler, of June 1 inclusive. sealed bids until U a.m. (DST) on June 5 for the purchase of $145,000 bonds, as follows: inclusive. Bond Legality 1971 Offering—Arthur T. BrenCity Treasurer, will receive nan, 1:30 p.m. Sons, of Baltimore, at gality J. will public Oct. 1 from 1961 to 1967 inclu¬ Interest to Bond Dorchester Eunice, La. Offering—Wade Offering J. G. Skeel, sealed bids until Secretary of Board of School In¬ on June 12 for sive. on 1971 loan, act on Co., June 5 for the purchase $563,000 non-callable public utility water refunding, series R bonds. Dated Dec. 15, 1950. Due on Dec. 15 from 1956 to 1962 inclu¬ sive. Interest J-D. Boston. 6 Parish, Rayne-Branch Sch. Dist. No. 5 (P. O. Crowley), La. Bond Offering—S. D. lett, (CDST) on June 11 for the purchase of $356,000 build¬ ing bonds. Dated July 1,1951. Due project 1952 to bonds bonds, Acadia Bond III. 1952 & par. of Legality approved by Storey, Thorndike, Palmer & Dodge, of MARYLAND 1974 No. to 1951. drews, President of County Com¬ until 8 p.m. (CDST) on June 15 Pollard, missioners, will receive sealed bids until noon (DST) on June 13 for for the purchase of $1,430,000 Secretary of Parish School Board, will receive sealed bids until 10 the purchase of $1,300,000 school building bonds. Dated May 15, a.m. (CST) on June 12 for the construction, improvement and 1951. Due on Dec. 15 from 1952 to equipment bonds. Dated April 1, 1970 inclusive. Legality approved purchase of $600,000 school bonds. Due from 1952 to 1971 inclusive. 1951. Due on Oct. 1 from 1952 to by Chapman & Cutler, of Chicago. Bond school 1 from Cambridge, Md. Bond Sale—The $300,000 mu¬ nicipal improvement-1951 bonds LOUISIANA County, Joliet Sch. Dist. (EST) Due 1952 2136 p. a Offering—John H. WitherCity Controller, will re¬ spoon, ceive sealed of Salem, Mass. School Evergreen Bond Will bonds. 40,000 street bonds. of par, a net interest cost of about June 9 for the purchase of $30,000 building improvement bonds. bids bids purchase follows: to Detroit, Mich. Bond (DST) the from May 24—v. 173, awarded syndicate composed of Kenower, MacArthur & Co., H. V. Sattley & Co., and Walt hamMass. & Mason McHenry County Community High sealed p.m. of 1948 bonds. Due to 1957 inclusive. —were Loyd, receive 2 on were McDonald-Moore Detroit, as 4s, at 60,000 equipment bonds. Due bids June 11 for sealed will 1 from lows: $65,000 — inclusive. on School Di¬ sealed on P. cation, Le¬ Hanrahan, of as school June July 3 for the purchase $133,000 school bonds, as fol¬ Weepie, KENTUCKY J-J. Offering—Virginia Hol¬ land, Secretary of Board of Edu¬ 10 for bonds $275,000 offered tion 1, (P. O. until School J-J. 1971s,inclusive. Offering—J. County Judge, will receive 155 of & until 5 $415,000 (P. O. Minden), La. Offering—J. E. Pitcher, .Bond p.m. Legality approved by Chapman & Cutler, of Chicago. Sch. Dist. No. Board, bids inclusive. Bond The Interest 1971 30 June 5 1970. to Webster Parish of $125,000 construc¬ bids June bids Independence Sch. Dist., Iowa $490,000 Dated 27 T. L. Harvey, School fered Need ham, Mass. June on June on on Secretary District, Iowa Secretary of Board of Byrd, Secretary of Board of Edu¬ cation, of sealed on rectors, A. Frances — 1952 June 5 for the purchase of $75,000 school addition bonds. ... County Sch. Dist. No. 69 (P. O. Skokie), III. sealed Leesville), La. — Sale—The $60,000 water supply system revenue bonds of¬ 1, 1952 to Bond Offering—Arnold Mackin¬ tosh, Town Treasurer, will receive Bis- June 7 for the purchase of $291,000 school bonds. Due from & of School Directors will sealed (CST) O. July Interest ovan, Heenehan New York .. receive sealed bids until Offering —The of Board (CST) (CST) Albion School June 4 for on Secretary ap¬ Ice (P. Offering receive 1, IOWA Bond 16 Deckerville, Mich. (P. O. $250,000 public improvement bonds. Dated July 1, No. -dated July 1 from on inclusive. La. (CST) a.m. are gality approved by Sullivan, Don¬ for the purchase of Harris, Ross, McCord, Miller, of Indianapolis. reich, Secretary of Board of Edu¬ cation, will receive sealed bids Bond 1991 Education, on Bond bonds 1951.! Due Vernon Parish, Lcesville Sch. Dist. u Cook 1, 1951. Offering—Ralph B. 10:30 200-1 City. Terrebonne Parish Houma), Project bonds. The July 1 from 1953 to 1971 inclusive. Interest J-J. Legality Bond on 1962. County Sch. Dist. No. 38 (P. O. Kenilworth), III. sive.. Interest $300,000 approved by Foley, Cox & Judell, of New Orleans. til Natick, of bids until 7:30 June 6 for the pur¬ chase of $1,750,000 tax anticipation notes. Dated June 8, 1951. Due on Sept. 14, 1951. ' Group C 1 • District, Mich. sealed (EST) p.m. $1,037,000 Wellesley, Project 200- 21 on Offering—Robert proved Cook (CDST) of Dated July will receive Project bonds. bids June on purchase bonds. Albany Sch. City, Ind. Bond syn¬ Due the purchase 500,000 School Offering—Albert W. Rider, Secretary of Board Framingham, 200-2 bonds. sealed (CST) Note Project bonds. 840,000 gality approved by Foley, Cox & Judell, of New Orleans. dicate composed of Norris & Secretary of Board of School Hirshberg, J. W. Tindall & Co., Trustees, will receive sealed bids and Wyatt, Neal & Waggoner, all until 7 p.m. (CST) on June 4 for of Atlanta, as 2Vzs, at a price of the purchase of $92,500 building1951 bonds. Dated June 1, 1951. 100.51, a basis of about 2.44%. until 8 p.m. Spec. (P. O. 1951. Due on July 1 from 1953 to 1971 inclusive. Interest J-J. Le¬ on $120,000 1961 1932—were awarded to — receive a.m. Detroit. Dearborn Framingham, 200-1 Ward 3 June 14 for the purchase Indiana Avenue of Bond Sale—The $72,000 hospital bonds offered on May 24—v. 173, Offering No. Bridge-1951 bonds. Dated July 1, 1951. Due on July 1 from 1952 to on re¬ Douglas, Ga. Bond $1,336,000 Acting Secretary of Police Jury, will receive sealed bids un¬ Bond Offering—Patrick J. Bar¬ ton, Acting City Comptroller, will the $1,000,000 bonds offered May 25—v. 173, p. 2036—were jected, p. will the 1 from 1952 to 1961 in¬ Indianapolis, Ind. Savannah), Ga. Bonds Dist. 200-1 Group B inclusive. Legality approved by Miller, Paddock & Stone, of Canfield, Project bonds. land, Chatham County (P. * 1961 Rockport, June 1 from on Offering—B. Edw. Boud- 10 for Miller, of Indianapolis. ■ Due A-O. bonds. 163,000 from Secretary of Parish School school Legality ap¬ by Ross, McCord, Ice & GEORGIA * 1 Franklin), La. Bond & Board, equipment 1, School until will 1 June on Mary Parish Sixth clusive. Interest J-J. proved Due to ap¬ June 9 for the purchase on St. reaux, Offering—John A. $19,000 fire Dated callable. by 1958 * 1, Ice 2,400,000 Lawrence, Project 200- follows: 1952 to 1957 inclusive. bonds. dated are sealed (CST) of maturing are Township Clerk-Treasurer, ceive net interest cost of about 63,000 2V4S. by Bond school bonds. as $87,000 2s. Jan. and July 1 from to 1968 inclusive. Interest Town a inclusive. Highland, Ind. lic Instruction, will receive sealed bids until 2 p.m. (EST) on June 100.05, 2.14%, bonds. Ross, McCord, Miller, of Minneapolis. Offering—D. C. Huskey, Superintendent of Board of Pub¬ for 1968 bonds proved of follows: as 53 ^ on 1953 Tax purchase Township Civil Due Bond 18 to 80,000 from inclusive. Spec. | the Jan. and July 1 from on 1953 1 for School Due improvement on County Dist. $80,000 inclusive. Due to Lucie 1 7 $160,000 school bonds, improvement on June on follows: as street bonds. St. 3.22%, municipal interest net a follows: * 3.87%, | on April 1 from 1952 to 1954 inclusive. 120,000 33/4s. Due 1955 and 1956. on April 1 in 54 The Commercial and Financial Chronicle (2338) Marysville, Mich. deau, 000 sewage Offering—Mildred Falar- Bond City June until for 7 7:30 p.m. the 1971 of disposal bonds. Sept. 1 from 1953 to sewage on inclusive. The water May Co., bonds dated are Interest M-S. May Legality Township School Dist. (P. O. Metamora), Mich. Bonds Not Sold The $75,000 bids. any Joint and May 24 on Dist. Nos. sealed (CST) Nankin assessment of May 23—v. 173, bids until 7:30 p.m. July 1, Township Sch. Dist. No. 7 Hibbing, Minn. Offering — callable. are (CST) chase 1951. Due 1953 to 1963 1959 will sealed until bids 3 Ontonagon Note son, ), bids Clerk, until The , County Ind. Con. School 43 (P. O. Laporte), Sale—The No. 4 O. p. Bond Sale—The ing bonds offered receive 173, a.m. composed of & on 2237—were p. flower bott, Clerk Juran & Moody, of St. Paul, at Con. $300,000 Board County June & Co., Inc., $42,000 Tupelo p. 2136. MINNESOTA Ada, Minn. Bond Offering—I. C. Fletcher, City Clerk, will receive sealed bids until 7:30 p.m. (CST) on June 6 for the purchase of $148,- Bond Offering—M. H. Murray, will receive sealed bids until 8 p.m. (CST) on June 5 for the purchase of $125,000 build¬ ing bonds. Dated July 1, 1951. Due on July 1 from 1954 to 1978 in¬ clusive. The bonds maturing in 1975 to 1978 are callable. Legality approved by Dorsey, Colman, Barker, Scott & Barber, of Min¬ neapolis. until for 11 (CST) on June 19 purchase of $6,000,000 a.m. the building bonds. Dated July . 1, July 1 from 1954 to on inclusive. The bonds matur¬ ing on are callable. Interest J-J. Legality July 1, 1957 and thereafter approved by Chapman & .Cutler, Chicago. of awarded to —were Kenower, Mac- Arthur & Co., of Detroit, as 1.60s, Municipal Separate Dist., Miss. ing bonds offered Note May 29—v. on of Claremont, N. H. Sch. Offering—Philip L. White, City Manager, will receive sealed bids until 3 p.m. (DST) on June 6 for the purchase of $100,000 2136—were awarded to a composed of the First notes. Dated June 6, 1951. Due on Bank, Union Planters Dec. 4, 1951. Legality approved p. Saunders 15 from 1952 Due to in 1962 to 1966 First 2.56%, 2i/4s. from 1966 Due 1952 to June on 1961 from Due 1956 bonds dated Clerk, June City Bonds. will inclusive. 1956 County, Enon Bond of (CST) of 120,000 2 ^4s. Due Board of on on June 1 from 1957 to 1961 inclusive. 275,000 2V2s. Due on June 1 from 1962 to 1972 inclusive. County (Pi O. Laurel), Miss. Note Offering —T. L. Sumrall, Clerk will a.m. of of sealed Supervisors, bids until 10 (CST) on June 4 for the pur¬ $15,000 school transporta¬ equipment notes. chase of tion Board receive sealed (DST) bids June on of until 11 for ;$46,000 8'.p.m. the water, pur¬ bonds. Supervisors, terest J-J. Legality approved by Reed, Hoyt & Washburn, of New York City. Middle Township Sch. Dist. (P. OCape May Court House), N. J.* noon June 4 for the purchase Bond Sale—The $118,000 school bonds offered on May 24—v. 173, p. 1933—were awarded to Boland, County (P. O. Saffin & Co., of New York City, as Woodville), Miss. Bond Offering—J. Y. Chapman, 3V4s, at .a price of 100.22, a basis sealed receive (CST) of on Supervisors, will bids until 2 June 4 for the purchase ''• " • i '•*':';V City Levee District (P. O. Kansas City), Mo. \ Bonds Publicly Offered—The is¬ of $733,000 levee bonds are being offered by Lucas, Eisen & sue about 3.23%. Rumson, N. J. Bond Offering—Albert A. Jr., Borough Clerk, will Kerr, receive sealed bids until 8:30 p.m. (DST) on June 14 for the purchase of MISSOURI North Kansas of p.m. $20,000 County bonds. " $73,000 sewage disposal plant sessment bonds. 1951. Due on 1961 Dated Feb. inclusive. 1 from Interest as¬ Feb. 1, 1952 to F-A. Le¬ gality approved by Hawkins, DelWaeckerle, of Kansas City. Dated afield & Wood, of New York City. May 1, 1951. Due on March 1 from 1952 1971 to M-S. inclusive. Interest Legality approved by Stin- Mag, Thomson, McEvers Fizzell, of Kansas City. son, Waldwick School District, N. J. Bond Offering & ner, District — Edw. R. Pfitz- Clerk, will receive sealed bids until 8:30 p.m. (DST) on June 11 for the purchase of University City, Mo. $105,000 school bonds. Dated Dec. — Elder Gunter, 1, 1950. Due on Dec. 1 from 1952. Clerk, will receive sealed to 1966 inclusive. Interest J-D. Le¬ Bond Offering City bids until 8 p.m. (CDST) on June 5 for the purchase of $1,255,000 gality approved Delafield & obligation City. bonds. Dated July 1, 1951. Due on Aug. 1 from 1952 to 1971 inclu¬ sive. Legality approved by Charles improvement by Hawkins, Wood, of New York general NEW YORK Brookhaven, Stony Brook Water Dist., Extension No. 2 (P. O. 6 Trauernicht, of St. Louis. MONTANA % Patchogue), N. Y. The $6,000 water system-1951 bonds offered on May Bond-Sale Dillon, Mont. Bond Offering—Leonard Schulz, City Clerk, will bids until 10 25 for water Jones ceive D. re¬ Dated July 1, 1951. Due on July 1 1952 to 1971 inclusive. In¬ $7,000 general obligation bonds. Clerk of Board of < , Lodi, N. J. Offering — Joseph Borough Clerk, will' Bond Wilkinson receive sealed bids until 2 p.m. (CST) on June 5 for the purchase of $425,000 school bonds. Due from 1952 « c May on 173, p. 2037—were awarded Boland, Saffin & Co., of New York City, as 2s, at a price of 100.34, a basis of about 1.96%. from Con. (P. O. Tylertown), Mississippi Offering—John Q. Wood, Clerk Columbia, Municipal Separate District, Miss. t bridge bonds offered chase on $300,000 will - The $175,000 road — »'C" will receive sealed bids until Clerk, 1 Sch. Dist. :. City March on Mount 25—v. obligation bonds. Due from- 1952 15, Bond Offering—Mrs. H. W. Har¬ grove, Due O. to Town sealed bids Walthall (CST) p.m. 1 Pacella, Offering—Bertha McKay, will receive sealed 7:45 and receive until 7 p.m. (CST) on June 5 for the purchase of $5,000 general 1§ from to June 5 for the purchase of March on . Tylertown, Miss. Clerk, until 2%s. , 1970 inclusive. County (P. Holly), N. - Bond Sale Bond Offering—N. C. Ley, Dist. Canton, Miss. Bond Due • inclusive. 1963 NEW JERSEY Burlington 1 from 1971 to 1976 inclusive. 1951. Interest J-D. City to follows: on March ' inclusive." are Storey, Thorndike, Palmer & Dodge, of Boston. from Sch. June on as Due 1964 to 180,000 inclusive. Kingston Con. bonds. 15 2V2S. 192,000 30,000 Pine Ridge Con. Sch. Dist. bonds. 1952 net interest cost a of about on by National price of par, a callable. are M. A. & Co., all of Memphis, Bank, of Mobile, and Cady & Co., of Columbus, at Super¬ - District Clerk, kins, Secretary of Board of Edu¬ cation, will receive sealed bids torium, second series of 1951 bonds offered on May 28—v. 173, p. 2238 (P. O. National Bank & Trust Co., — were Dist., Neb. Omaha, Neb. Bond Sale—The $1,200,000 audi¬ Bond Sale—The $600,000 build¬ Ab¬ , Bonds Not Sold—No bids Sch. Bond Offering—Steven N. Wat- Clerk of Board of Supervis¬ at a price of 100.56, a basis ors, will receive sealed bids until about 1.53%. 2 p.m. (CST) on June 5 for the purchase of $300,000 school bonds. NEW HAMPSHIRE 173, of bonds. r submitted for the $135,000 school bonds offered on May 24—v. 173, NEBRASKA Lincoln National (P. O. Greenbush), Minn. First of Bond Sale—The $200,000 build¬ Michigan Corporation, of Detroit, to 1971 inclusive. # ing bonds offered on May 29—v. Harriman Ripley & Co., Inc., jF fvf •'<' 173, p. 2237—were awarded to Kenower, MacArthur & Co., Mc¬ Bond Sale—The issue of $150,Piper, Jaffray & Hopwood, of Donald-Moore & Co., H. V. Satt000 industrial plant bonds was ley & Co,, Shannon & Co., all of Minneapolis, and Associates, at a purchased by Allen and Company, price of 100.15, a net interest Detroit, and Stranahan, Harris & of Hazlehurst, as 2J/4s and 2V2S. cost of about 3.38%, as follows: Co., Inc., of Toledo, at a price of Dated Feb. 1, 1951. 100.003, a net interest cost of $120,000 3i/4s. Due on June 1 from Forrest County, Helena Con. 1954 to 1965 inclusive. about 2.99%, as follows: School District (P. O. 80,000 3V2S. Due on June 1 from $40,000 23/4s. Due on May 1 in 1966 to 1971 inclusive. Hattiesburg), Miss. 1952 to 1953. Bond Offering George W. 410,000 3s. Due on May 1 from Sherburne County Ind. Con. School Causey, Clerk of Board of Super¬ 1954 to 1967 inclusive. District No. 4 (P. O. Big Lake), visors, will receive sealed bids un¬ Minnesota til 10 a.m. (CST) on June 5 for the Walled Lake Con. Sch. Dist., Mich. Bond Sale—The $150,000 build¬ Bond Sale—The $400,000 school purchase of $10,000 school bonds. bonds offered on May 23—v. 173, ing bonds offered on May 18—v. Greenwood Municipal Separate 173, p. 2037—were awarded to p. 2136—were awarded to Shan¬ School District, Miss. Kalman & Co., and Juran & non & Co., of Detroit, at a price Bond Sale—The $445,000 build¬ Moody, both of Minneapolis, of 100.03, a net interest cost of ing bonds offered on May 29—v. jointly, at a price of 100.20, a net about 2.86%, as follows: interest cost of about 3.44%, as 173, p. 2136—were awarded to a syndicate composed of Scharff &* $265,000 3s. Due on May 1 from follows: 1952 to 1958 inclusive. Jones, White, Hattier & Sanford, $90,000 3y4s. Due on June 1 from both of New 135,000 23As. Due on May 1 from Orleans, Allen and 1954 to 1971 inclusive. 1959 to 1961 inclusive. Company, of Hazlehurst, Ducour60,000 3.40s. Due on June 1 from nau & Kees, of New Orleans, at a 1972 to 1977 inclusive. yi/hite Lake Township Sch. Dist. price of 100.01, a net interest cost No. 7 (P. O. 9260 Sandyside, of about 2.45%, as follows: Washington County Ind. Sch. Dist. Rural Route No. 8, $50,000 2V2s. Due on June 1 from No. 101 (P. O. Mahtomedi), Pontiac), Mich. 1952 to 1956 inclusive. Minnesota Bosworth at par. son, inclusive. The bonds maturing a Indep. Sch. Dist. No. 66 District $228,000 to Roseau and Kittson Counties Joint a on Indianola), Miss. Bond Offering—John W. John¬ follows: bids Braun, of 1952 to price of 100.18. (CST) p.m. County, South Sun¬ County Spec. Con. School Medicine County (P. O. Natchez), Miss. Offering—Walter P. Bond The May 29—v. awarded 9 $200,- syndicate ■ ■ $135,000 build¬ No. of building bonds was purchased by the State Land Board, as 2%s, 1971 Nicholson, receive sealed will 7:30 Sunflower MISSISSIPPI Dist. Otego (P. O. Monticello), Minn. Bond Sale—The $35,000 road 2136—were awarded to callable. Adams (P. O. Cambridge), Minnesota Dist. issue industrial-1951 bonds. Legality approved by Faegre Benson, of Minneapolis. $54,000 build¬ May 10—v. County Indep. Sch. until Jan. 1 from 1952 to 1966 inclu¬ on to & Miss. June 5 for the purchase of ing bonds. Dated July 1, 1951. Due on Sch. County Sale—The 1951. Due Clerk, bids 1971 maturing are callable. are J-D. Newton, visors, will receive sealed bids un¬ 1, til 10 a.m. (CST) on June 4 for the purchase of $355,000 bonds, as Sterling and Washington bonds offered on May 23—v. 173, Townships Frac. Sch. Dist. No. 1 p. 2136—were awarded to the Al¬ (P. O. Utica), Mich. lison-Williams Co., of Minneapolis, Bond Sale—The $450,000 build¬ as 3y4s. ing bonds offered on May 24— 173, 1965 Monday, June 4, 1951 000 sealed Bond Offering—L. E. Town cer¬ July after p. Isanti M-N. syndicate 1962 to 1976 Interest bids until 8 p.m. (CST) on June 12 for the purchase of $75,000 build¬ 25,000 Shelby, v. bonds receive inclusive. The bonds matur¬ 1976 ing in County Indep. Dist. No. 7 (P.O. Wood Lake), Minn. Bond Offering—A. S. Barr, Dis¬ trict Clerk, will receive sealed Moody, both of St. Paul, jointly. , terest inclusive. 1933—were awarded Kalman & Co., and Juran 173, p.m. (CST) June 5 for the purchase of $38,000 tax anticipation notes. In¬ on 1, 1954 to will school-1951 bonds. Dated June 15, 1951. Due on June 15 from 1952 to Con. Sch. & Jan.. and July 1 from ing bonds offered re¬ Mich. will 10 The June Yellow Minnesota Bond Offering—Oscar F. John¬ County sealed (P. 1 from approved by Faegre Benson, of Minneapolis. Sealed callable. are District No. (EST) on June 7 for the purchase $30,000 tax anticipation notes. Dated June 15, 1951. Due on Jan. 15,1952. County on maturing Hubbard of Ontonagon Clerk, bids until 4 p.m. (CST) on June 15 the purchase of $2,000,000 County Ind. Sch. Dist. June on A. for No. 46 (P. O. Butterfield), Minn. Bond Offering — Robert Lin- 28 for June 1972 tificates Interest J-D. Treasurer, Watonwan certificates. Dated July 1, revenue County (P. O. Cloud), Mich. Note Offering—Elmer D. John¬ County City , , M. by . (P. O. Browning), Mont. Bond Sch. Dist., Miss. Offering—S. F. Junkin, Bond are Legality by Dorsey, Colman, Barker, Scott & Barber, of Min¬ neapolis. '; the pur¬ of $1,600,000 public utilities on White ceive bonds A-O. approved bids will be received until 3 p.m. Newaygo son, : Certificate Dec. 1 from 1952 to 1969 inclu¬ sive. The bonds maturing in The Interest purchased was Glacier . Natchez Separate sive. son, Secretary of Board of Educa¬ tion, will receive sealed bids until 8 p.m. (EST) on June 6 for the purchase of $300,000 building bonds. Dated June 1, 1951. Due to 1969 $130,000 Dated (P. O. 29439 Carlyle Avenue, Inkster), Mich. Bond Offering — John R. Stin- on bonds Saunders & Co., of Memphis. Due from 1952 to 1971 inclusive. April 1 from 1964 on Legality June 7 for the purchase on awarded to the were — p.m. inclusive. 1971 after (P. O. St. Anthony), construction bonds. 1951. Due on July 1, 1954 to 1975 inclusive. Interest Chemical State Savings Bank of J-J. Legality approved by StinchMidland, at a net interest cost of field, Mackall, Crounse & Moore, about 1.45%. of Minneapolis. 2136 p. 8 purchase of $60,000 sewer improvement bonds. Dated Oct. inclusive. 2 of ceive $100,000 street bonds offered . Offering—Lyle M. Dobell, School Board, will re¬ Bond special Sch. Com. H-2 Clerk improvement as Minnesota ♦ Sale—The until receive (CST) on June 7 for the Due Midland, Mich. Bond par, v 2136—did not receive p. at Hennepin and Ramsey Counties — on Minneapolis, of on Allison-Williams the to offered 1524—were p. bids will scheid, District Clerk, will receive sealed bids until 1 p.m. (CST) on 1952 to 1961 inclusive. June 6 for the purchase of $150,000 232,000 2.70s. Due on Nov. 1 from building bonds. Dated June 1, 1951. 1962 to 1968 inclusive. No. 4 173, 173, revenue, Marks Separate Sch. Dist., Miss. Bond Sale—The $35,000 school Vil¬ sealed $268,000 2Vzs. Due on Nov. 1 from Metamora building bonds offered certificates A Clerk, 1, 1950. Due $500,000 plant lage callable. follows: 1, ap¬ proved by Miller, Canfield, Pad¬ dock & Stone, of Detroit. —v. light 25—v. awarded are callable. The and serious bonds maturing in 1967 to 1980 1951. Sale—The Certificate Minn. Bond Offering—F. J. Drey, to Blue Earth, Minn. inclusive. 1980 by Dorsey, Colman, Bar¬ ker, Scott & Barber, of Minn. $210,000 Lateral Sewer bonds. Due on Sept. 1 from 1953 to 1973 Due maturing in 1962 to Legality ap¬ callable. are proved $670,000 bonds, as follows: 460,000 bonds The (EST) purchase disposal plant revenue 1, 1951. Due on June 1 from 1954 to 1971 inclusive. receive will Clerk, sealed bids on Wat kins, bonds. Dated June . the and receive sealed (MST) on June purchase of $150,000 a.m. sewer system revenue bonds. Dated July 1, 1951. Due on July 1 from 1952 to 1971 inclu¬ 23—v. 173, p. — 2038--were awarded to the Bank of Suffolk Stony Brook, 100.50, . a * as 2s, at County, of a price of basis of about 1.93%. Buffalo, N. Y. Bond Sale—The * $6,460,000 bonds sive. The bonds maturing after offered on May 29—v. 173, p. July 1, 1961 are callable. Legality 2238—were awarded to a syndicate approved by Dorsey, Colman, composed of the National City Barker, Scott & Barber, of Min¬ Bank, of New York City, Marine neapolis. Trust Company, of Western New Volume 173 Number 5017 . The Commercial and Financial Chronicle . (2339) York, Buffalo, Harris Trust & Savings Bank, of Chicago, Drexel & Co., Continental Illinois Na¬ tional Bank & Trust Co., of Chica¬ Manufacturers and Trust Co., of Buffalo, Traders go, Adams, Co., Wood, Struthers & Co., Dominick & Dominick, all of New York City, Harris, Hall McEntee & Co., & Robert Winthrop & Co., Corp., both City, Stroud & Co., Philadelphia, F. S. Smithers American of New of Securities York & Co., R. D. White & Co., Shearson, Hammill & Co., and Rand & Co., all of New York City, as 1.70s, at a price of 100.34, a basis ; of about 1.60%. Willett, Cuyler, Free¬ Solon, Taylor, Truxton, German, Lincklaen, Pharsalia, Cincinnatus, town, Pitcher and > Triangle Central 1 (P. O. Sch. Dist. No. Bond Cincinnatus), N. Y. Offering—George F. New- kirk, District Clerk, will receive sealed bids until 2 p.m. 7 for the June V 000 on bonds. 1, 1951. Due on June 1 from 1952 to J-D. inclusive. 1980 Interest Legality approved by Vande¬ Carolina (State of) Offering—B r a n d 0 n Bond of P. Town ceive Supervisor, sealed bids will until ceive re¬ 2 sealed (EST) p.m. bids until 11 a.m. June 6 for the purchase on s approved by Van¬ Sykes, Heckler1 & Gal¬ loway, of New York City. purchase of $30,000 water dewater, June and 1, 1951. Due Prospect, N. Y. Offering — Elizabeth Owens, Village Treasurer, will ceive sealed (DST) bids until 11 C. re¬ a.m. to 1972 Bond June 7 for the purchase Fire House-1951 bonds. on Sale—The $200,000 sani¬ \ Dated May 1, 1951. Due on May 1 'from 1952 to 1969 inclusive. Inter¬ 29—v. 173, p. 2238—were awarded to Alex. Brown & Sons, of Balti¬ est more, and the Branch Banking & Trust Co., of Wilson, jointly, June on $70,000 series 13 sanitary D 1951 1, 1951. Due to the for 1981 purchase system- sewer bonds. of Dated June June 1 from 1952 on inclusive. Interest J-D. Legality approved by Wood, King & Dawson, of New York City. Dickinson, Fenton, Chenango and $9,000 M-N. approved Vandewater, Sykes, Heckler Galloway, of New York City. Central No. 1 (P. O. New Bond & V 2238—were p. receive will sealed (DST) p.m. of bids until 12 for the purchase of $778,000 building-1951 bonds. Dated April 1, 1951. Due on April Tfrom 1952 to 1981 in¬ clusive. - Interest" A-O. Legality approved by Hawkins, Delafield & Hempstead Union Free Sch. Dist. No. 3 (P. O. East Meadow), York New Bond & Co., both of New York City, jointly, as 2.40s, at a price oi 100.13, a basis of about 2.38%. . District ceive sealed Clerk, bids in Mac- will re¬ of John care H. Borrie, Denton Building, Mineola, until 2 p.m. (DST) on June 6 for the purchase of $1,100,000 to 1971 to 1 $6,750 1952 4,240 inclusive. ceive sealed E. Easter- will bids public bonds. Due until 2 p.m. to inclusive. 1974 June 1 from Interest M-N. Legality approved by Vandewater, Sykes, Heckler & Galloway, of New York 1951. Interest 1968 to J-D. Palmer & 1952 to terest 3,010' and * Legality 1952 to Legality approved by Haw¬ kins, Delafield City. & Wood, of New the Branch Banking & Trust Co., of of In¬ 25 from inclusive. Due 1951. York March on from 1 inclusive. 1966 March Interest V :V Wilson, and the Vance Securi¬ ties Corp., of Greensboro, jointly, Hempstead Union Free Sch. Dist. at a price of par, a net interest No. 1 (P.O. Hempstead), N. Y. cost of about 2.43%, as follows: ' Bond Offering — Margaret E. Doty, District Clerk, will receive sealed bids until 3:30 p.m. (DST) on June 6 for the purchase of building $525,000 June Dated 1, Due bonds. on J-D. In¬ Legality approved by Delafield City. Hawkins, New York & $20,000 2s. improvement 1953.- Interest 2% ditch 1951. Due to terest A-O: Wood, of Due June on 1 2V2s. Due 1970 inclusive. : sealed on $35,000 Offering — Hamilton S. on 12 June for the purchase of system-1951 bonds. Dated June 1, 1951. Due on June 1 $70,000 water to 1952 from terest J-D. Hawkins, 1971 inclusive. In¬ Legality approved by Delafield & Wood, of New York City. 1961 Almond and Sale—The $440,000 bonds on May 29—v. 173, p. 2238—were awarded to a syndi¬ the Branch Corp., of Greensboro, J. Lee Pee¬ Co., R. S. Hays & Co., both ler & of 25 bids until water 7 main, Dist. No. Fremont, 1 (P. O. Arkport), N. Y. build¬ ing-1951 bonds \offered on May 24 Bond Sale—The $303,000 Durham, and McDaniel Lewis Co., of Greensboro, at a price 100.02, a net interest cost of about 2.32%, as follows: p.m. special $150,000 water and clusive, and $70,000 2V4S, due on June 1 from street $36,000 bonds, 6s, due and $135,000 June 1 2.40s, at a price basis of about 2.38%. of 1970 to 1976 inclusive. 290,000 jointly, as bonds, $56,000 2s, due on June 1 from 1960 to 1969 in¬ from a sewer follows: $24,000 6s, due on June 1 from 1954 to 1959 in¬ \ as Trust Co., of Buffalo, and Roose¬ velt & Cross, of New York City, 100.14, 23/4S, basis of at a about $80,000 was purchased by Co., of Cincinnati, price of 101.22, a inclusive, Interest by 1, 1952 to J-D. Squire, Le¬ San¬ Dempsey, of Cleveland. . 1954 $119,000 2s, 1960 clusive. to to from as 1959 due Delaware, Bond Offering — Mildred JOs- selyn, Clerk of Board of Educa¬ tion, will receive sealed bids until noon (EST) on June 8 for the purchase of $250,000 improvement bonds. Dated June 1, 1951. Due on Dec.l from 1952 to 1972 inclusive. Interest J-D. by Squire, Legality approved & Dempsey, Cleveland. Sanders Ohio 'r?; 1' Sandusky, Ohio Bond Offering—Robert E. King. Bond Sale—The issue of $19,000 City Auditor, will receive sealed Fire Department Equipment bonds bids until noon (EST) on June 11 was purchased by the City Bond for the purchase of $35,000 gar¬ bage disposal system bonds. Dated May I, 1951. Due June 1 inclusive, 2V4s, due on 1970 to 1960 on 1978 in¬ bids June on of i* until 29 for $54,000 the building bonds. Dated April 1, 1951. Due on Oct. 1 from 1952 to 1969 inclusive. Interest A-O. oklahoma County Indep. Sch. Dist. No. 1 (P. O. Nowata), Okla. Bond Sale—The issue of $15,000 repair and equipment bonds was purchased by the First National Bank, of Nowata. Pittsburg County Indep. Sch. Dist. No. 80 (P. O. McAlester), Oklahoma Sale—The $215,000 im¬ provement bonds offered 29—v. 173, the to net on May 2239—were awarded p. First National Bank & Co., of Oklahoma City, at a interest cost of about 1.78%. oregon County Sch. Dist. No. 77-C (P. O. Bridge Route, Myrtle Point), Ore. Bond Offering—Esmerald Good¬ District Clerk, will receiv/ man, sealed bids until 8 p.m. (PST) o:. June 6 for the purchase of $65.^000 school bonds. 1951. Due 1961 inclusive. Dated Jan. on June from 1952 1 Interest J-J. . w L Y gality approved by Winfree, M Culloch, Shuler & Sayre, of Por Deschutes County, Central Oregc: Hospital Dist. (P. O. Redmond). Oregon Bond Sale—The $435,000 hos¬ on May 21— v. 173, p. 2039—were awarded tc a syndicate composed of the Firs National Bank, Foster and Mar¬ shall, both of Portland, Pacific pital bonds offered Northwest Co., of Seattle, Chas. Tripp Co., Atkinson, Jones & Co., Fordyce & Co., and Hess & Interest Toledo, County (P. O. Columbus), Ohio Bond Sale—The $113,400 special assessment bonds offered 29—v. 173, p. 2033—were to the Provident Savings Trust on May awarded Bank & Co., of Cincinnati, at a Bond Offering price a net interest cost of about 3.29%. Lane County Sch. Dist. No. 52 (P. O. 1801 Echo Hollow Road, Eugene), Ore. Ohio Bond — Bond Offering—Frances Clapp, Village Clerk, will receive sealed bids until noon (EST) on June 16 Franklin McFaul, all of Portland, at Retirement Fund. Nov. 1 from inclusive. Legality approved by BrickMarburger, Evatt & Barton, inclusive, on to M-N. 1 1969 - N. follows: June on O. land. Rocky River City Sch. Dist., Ohio of 2.63%. June 1 from Rudy Klein, City Auditor, will receive sealed er, bids until noon (EST) on June 19 of Columbus. for the purchase of $60,000 side¬ Deshler Local School District, Ohio walk improvement bonds. Dated Bond Sale—The $288,000 build¬ Aug. 1, 1951. Due on Oct. 1 in 1952 ing bonds offered on May 24—v. and 1953. Interest A-O. Legality 173, p. 2038—were awarded to J. approved by Peck, Shaffer & Wil¬ A. White & Co., of Cincinnati, as liams, of Cincinnati. 2V4S, at a price of 101.20, a basis Union City, Ohio of about 2.12%. from the 173, as White & Dated Dec. 1952 p. 2038—-were awarded to Manufacturers & Traders —v. Dist., Bond Sale—The issue of (P. New 2, sealed (EST) purchase In¬ of clusive, Central School Sch. bonds. on gality approved ders & Dist. No. from inclusive. & / Dansville, Burns Local building bonds of Interest Legality approved by Squire, Cleveland. Beliefontaine J. A. Bond composed inclusive. Sanders & Dempsey, of to offered / Hornellsville, 1961 Ohio from Banking & Trust Co., of Wilson, Hempstead, Bowling Green Estates Kirchofer & Arnold Associates, Water Dist. (P. O. Hempstead), / Inc., of Raleigh, Vance Securities New York Bond J-D. to 1951. Due 1971 & May 25, Nov. on June 13 for the purchase assessment June 19 for the purchase Sch. D. receive Racine, Ohio of on will Offering—Frank Cleland, Clerk-Treasurer, will re¬ Offering—H. $54,000 equipment bonds. Dated 1, 1951. Due on Dec. 1 from 1952 from Greensboro, N. C. cate Gaddis, Town Clerk, will receive sealed bids until 10:30 a.m. (DST) DST) Sanders M-N. City School District, Ohio Woolf, F. p.m. Trust improvement 1956 ceive W. 1971 Legality Philadelphia), Ohio Bond Offering—E. H. Von Ber¬ gen, Clerk of Board of Education, Coos Bond Squire, Local R. ap¬ Clerk of Board of Education, will receive sealed bids until 1 p.m. 1954 to 1960 inclusive. 50,000 Dec. 1952 to 1965 inclusive. 1 from terest 1951 - 1951. Bond ' v York In¬ June I, Dated bonds. by Bond ditch (EST) M-S. Nov. on No. 790 bonds. Dated 1, ohio Chatham 15, from improvement May 25, 1956 1952 June approved J-D. 1951. to Dempsey, of Cleveland. M-N. 2% Village Alliance 15 inclusive. No. 807 bonds. Dated June 15, 1951. Due on Oct. 15 in 1952 Storey, Thorndike, Dodge, of Boston. carolina Oct. on Due by proved improvement ditch 1951. in- 1972 Interest 1, 1952 Nowata 1954 2% June from 1 inclusive. In¬ No. 770 bonds. Dated on City. north Due 12,530 ■ Dated inclusive. ditch to 16,210 5,000 school-1951 bonds. Due improvement- •elusive.■'" Y ;;'v.• May 1, 1951. The bonds are dated May 1 from 1952 to 1960 on 1968 2% 1952 receive bids, at his office in Ra¬ leigh, until 11 a.m. (EST) on June 5 for the purchase of $50,000 refunding bonds, as follows: re¬ 1958 A-O. 1951. sealed June 6 for the purchase on $282,000 1951 will Treasurer, In¬ ; No. 805 bonds. Dated June , Village inclusive. terest A-O. Offering—W. Commission, 1954 to terest ling, Secretary of Local Govern¬ ment to No. 599 bonds. Dated June 15, 1951. Due on Oct. 15 from V;-N- C' Bond improvement 15,150 2% highway improvement Wilkes County (P. O. Wilkesboro) . ditch terest A-O. '/ Y 2% 1952 from May 1 from fol¬ as No. 803 bonds. Dated June .15, 1951. Due on Oct. 15 from * inclusive. on bonds, lows: May 1 from on assessment Dated Dec. on $57,890 special inclusive. 1970 1981 as May on 1955 110,000 2V2S. Due ; net interest follows: a 2.48%, Due to 1956 County (P. O. Pittsboro), N. C. Bond Sale —The $70,000 school building bonds offered on May 29 —v. 173, p. 2238—were awarded to construction ■ 6s. May on bonds. Due Bond Valley Stream, N. Y. $45,000 road and bridge-1951 Offering—Fred A. Clem- ; bonds. Due on June 1 from enz, ing County (P. O. Toledo), Ohio Bond inclusive. Offering—Alastair Donald, Sale—The $35,000 Lateral bonds offered on May about 75,000 21/4$. Due (P. O. Riverhead), N. Y. (DST) of New York City. Wood, the 24—v. 173, p. 2038—were awarded to Roosevelt & Cross, and Tilney of \ to of 1953 Riverhead, Riverhead Sewer Dist. Bond Education, June on awarded price of 100.03, a $15,000 Security Trust Co., of Rochester, as 2.30s, at a ■ price of 100.01, a basis of about 2.29%. \ sewer-1951 York Board at bonds offered sewer cost Red Creek, N. Y. Bond Sale—The $50,000 water bonds offered on May 29—v. 173, Di$t. Offering—Wilbur G. Hill, President of 3 Sch. Binghamton), tary by , Kirkwood Legality Lucas Dated June 1 from inclusive. Interest on Offering—A d e 1 a i d e E. J-D. Legality approved by Mit¬ Schmitt, Clerk of Board of County Commissioners, will receive sealed chell & Pershing, of N. Y. C. bids until 10 a.m. (EST) on June Statesville, N. Cv 14 for the purchase of 1952 Bond bonds; sewer way, Zerello, Village Clerk, will receive sealed bids until 11 a.m. (DST) District ( _ Gallo¬ A. Washington Local School (P. O. Alledonia), Ohio Bond Sale—The $20,000 building bonds offered on May 21—v. 173, re¬ water, Croton-On-Hudson, N. Y. j Bond Offering — Joseph of cost , Hodges, State Treasurer, will of Sykes, Heckler & of New York City. ' 100.18, a net interest 1.80%, as follows: about $74,500 sewer district Franklin No. 1 improvement No/ 285 and sewer district, Truro No. 1 p. 1839—were awarded to Ryan, (DST) on June 5 for the purchase of $75,000,000 secondary road improvement No/ 290 sewer Sutherland & Co., of Toledo, as of $60,000 water system-1951 bonds. Dated Jan. 1, 1951. Due on bonds, as l3/4s. / 21/2s, at a price of 100.81, a basis bonds. Dated June 1, 1951. Due July 1 from 1954 to 1970 inclusive. 30,800 sewer district, Truro No. of about 2.36%. on June 1 from 1952 to 1981 in¬ Interest J-J. Legality approved by 1 improvement No. 276 water clusive. Interest J-D. Legality ap¬ Mitchell & Pershing, of N. Y. C. West Unity Local Sch. Dist., Ohio bonds, as 2s. / proved by Vandewater, Sykes, 8,100 Little Ave. and Hopkins Bond Offering—F. M. Raleigh, N. C. Heckler & Galloway, of. New York Hoover, Note Sale—The $285,000 bonds Ave., R 0 a d improvement Clerk-Treasurer of Board of Ed¬ City. : bonds, as 2s. anticipation notes offered on May ucation, will receive sealed bids Orlenas, Clayton, Alexandria, 29—v. 173, p. 2137—were awarded uptil noon (EST) on June 19 for Pamelia and Leray Central Fulda Local Sch. Dist. (P. O. to the First-Citizens Bank & Trust the purchase of $135,000 improve¬ Sch. Dist. No. 1 (P. O. Caldwell), Ohio ment bonds. Dated June Co., of Smithfield, at 2%, plus a 1, 1951. LaFargeville), N. Y. Bond Offering—Gilbert Kress, premium of $2,023.50. Bond O f f e r i n g—Gladys T. Clerk of Board of Willoughby Village Exempted Sch. Education, will Bretsch, Dist. Clerk, will receive Richlands, N. C. receive sealed bids until 1 District, Ohio p.m. sealed Bond Offering—W. E. Easterbids until 3 p.m. (DST) (EST) on June 9 for the purchase Bond Offering—James T. Smith, on June 8 for the purchase of ling, Secretary of Local Govern¬ of $12,000 building bonds. Dated Jr., Clerk-Treasurer of Board of $55,000 building-1951 bonds. Dated ment Commission, will receive Sept. 1, 1951. Due on Sept. 1 from Education, will receive sealed Feb. 1, 1951. Due on Feb. 1 from sealed bids, at his office in Ra¬ 1952 to 1959 inclusive. Interest bids until noon (EST) on June 11 1952 to 1980 inclusive. Interest leigh, until 11 a.m. (EST) on M-S. for the purchase of $975,000 build¬ F-A. Legality June 5 for the den, Dated June North (P. O. Lake Placid), N. Y. Offering — Harold R. So- Bond purchase of $419,- building-1951 - (DST) North Elba, Ray-Brook Water Dist. 55 Offering—Edythe Wolfe. District Clerk, will receive seale bids 29 until for 8 the p.m. (PST) on June of $101,00, school bonds. Dated July 1, 1951. Due on purchase Jan. inclusive. 1 The after Jan. 1, from 1963 1956 to bonds maturing 1956 are callable. Lane County Sch. Dist. No. 69 (P. O. Junction City), Ore. Bond Offering—Gertrude San¬ the purchase of $8,000 water main bonds. Dated March 1, 1951. Clerk, will receive (PST) on June 25 for the purchase of $195,000 school bonds. Dated July 1, Due 1951. Due for 1952 M-S. on to March 1959 and Sept. inclusive. 1 from Interest ders, District sealed bids until 8 p.m. 1968 on Jan. 1 from 1953 to inclusive. The bonds matur¬ ing after Jan. 1, 1957 are callable. 56 The Commercial and Financial Chronicle (2340) Phipps, Acting State Forester, will receive (PST) June on until bids sealed chase of $200,000 Forest tation and 1951 Reforestation, bonds. Due maturing able. Dated Oct. on Interest proved A-O. May 28 Bank, ap¬ (P. O. Hillsboro), Bond Sale—The issue of $43,000 purchased by was bonds 2s, • for the County Sch. Dist. O. Conway), S. fered No. C. (P. 000 Due 1951. turing land, 1952 15 from The bonds ma¬ basis a June of 1, 1951. Due 1953 100.07, maturing in 1962 1972 to purchased by the Eddleman-Pollok Co., of Houston, as 21/2s, at April (P, O.. May 173, 29—v. on 2138—were p. Goldman, Sachs & Co., of New York Co., ©f Philadelphia, A. E. Masten & Co., of Pittsburgh, and Dolphin & Co., of Philadelphia, as l%s, at a Wurts, Dulles & City, price of 100.73, basis of about a 1.69%. Dunmore, Pa. Offering—James E. Hen- June on 12 for callable. will at the of < 1951. Due June on 15 1969~ inclusive. proved by 4 Clerk, until ing until 8 on Dist., Pa. to The 1 Dec. on inclusive. 1980 Saul, by from 12 Morrisville, Offering Howell, receive sealed (DST) on chase of bonds. Dated on Secretary, Borough until bids June for 12 will 8 p.m. the pur¬ improvement $90,000 June 15 H. June 1951. 15, from 1953 to Due 1961 in¬ clusive. Jan. 1 Township Sch. R. F. D. No. Dist. The bonds Bond Castle), Pa. Offering — Mildred derson, Secretary of School Directors, will Hen¬ Board sealed bids until 7 p.m. of receive (EST) inclusive. The bonds & on May 2039—were awarded Schaffer & Co., of Philadelphia, to 173, 2%s, at a price of basis of about 2.34%. 101.39, Co., a Se¬ First Memphis, & Na¬ C. H. Cranston, Cincinnati, at a net interest cost of 1957 to 1968 Due June 1 from on Note Offering—Wm. A. Brown, City Treasurer, will receive sealed bids until (DST) on June 5 for the purchase of $1,000,000 tem¬ noon porary loan notes, $500,000 sewerage as June 1 from on inclusive. on June Act from 1949, 15th issue notes. 500,000 school loan, Act of 1949, 4th issue notes. The notes are on June 6, March 1 Sale Gas p. — The System on $180,000 Na¬ Revenue—1951 May 25—v. 173, 2039—did not receive 1957 Sale—The bonds County Sale—The offered (P. O. Mur- Due on a 15,000 from 1 1952 to June on from 1 awarded Hot 12 sidewalk bonds. 1956 Due and curbing June on 1 from house of issue bonds was as pur¬ 3s 3V2s. Dated Feb. 1, 1951. and Wyoming* 1 $38,000 Sale—The 173, Sale—The Henrico No. 7 Peters,; Writer Denver.- County, Sanitary Dist. issue of Sale—The Bank, Texas 15, 1951. series A bonds offered May 31—v. 173, p. 2240—were to Scott, Horner & Ma¬ of Lynchburg, as 2y2s, at a price of 2.47%. 100.20, Nashville, as 2s price of 100.16. Sale and all 214s, at of a County Road Dist. No. 3 (P. O. Spearman), Texas Sale—The issue road construction bonds tenance was of Bond Horner & 1.70s, as basis The $55,000 highway bonds were purchased by the Murfreesboro Bank & Trust Co., of Murfreesboro, as l%s, at price of 100.47. 000 Sale—The school Alpine, Texas house issue bonds of pur¬ Co., both of Dallas, jointly, 2s, 2y2s and 3s. Dated March as 1, 1951. Lindale, bonds 000 San Texas Sale—The of was Texas Antonio, as issue of $100,- purchased by the Corporation, Mason, of Lynchburg, a price ot 100.05, a about Bond by the house, on Indep. Sch. series 1951 June The bonds are $50,000 clusive. 2%s, as 1951. Due on $12,000 the by State, 234s, as 1951. Due at on June 1 from 1952 to 1964 inclusive. The bonds are Texas p. offered 2239—were Columbia Securi¬ net interest cost of South 4th from 1952 to 000 issue of $250,purchased by R. A. Underwood & Co., of Dallas, and was jointly, cost about of at ,a 3.97%. net E. interest Dated June by & and Montreal, at a cost bonds 718 bonds, due from — State, as was 234s, at 1, $14,000 purchased by the par. follows: $113,500 March 1 from inclusive, 4s due 1957 are 1 inclusive. 1971 to and March on dated March 1, 1951. bonds, 2s, due $137,- general obligation water improve¬ ment bonds Geof- 195,000 improvement, by-law No. June The on The bonds to Dated June 1, 1951. follows: $65,000 1 from 1951 as Oct. on 1957 000 inclusive, 3s, and Oct. 1 due 19'70 1958 to on inclusive. $130,from Dated April 1, 1951. Sillery, Bond 500 Sale—The of Que. issue improvement bonds chased Sale as 1956 to $486,500 719 dated Toronto, Ltd., Casgrain & - Co., of price of 95.47, a net of about 4.24%, as 3y2s, improvement bonds. are pur¬ • $85,000 street improvement bonds. The $795,- $600,000 improvement, by-law No. obligation bonds was Wm. P. Harper & Son & Co., of Seattle, as 234s, at a price of 100.11, as follows: sewer of Co., Hannaford, Quebec, by 52,000 of was Montreal, J. C. Boulet, Ltdv of of Wash. of Que. issue a Ames 1952 issue 1, frion, Robert & Gelinas, Inc., both general purchased by Oscar of $501,- was pur¬ syndicate composed Dube & Co., Clement, a Guimont, Inc., La Corporation de Prets de Quebec, all of Quebec, Dawson, Hannaford, Ltd., of Mon¬ treal, Gairdner & Co., of To¬ ronto, J. T. Gendron, Inc., Grenier, WISCONSIN Ruel & and will 2 Sale—The Sale—The Dawson, 1980 inclusive. Sale—The Bond June syndicate composed of the Bank of Montreal, Montreal, Street, Pasco), Ruston, Bond Texas „ improvement bonds chased Offering—Harry H. Hud- 3.05%. Bond 000 on in¬ 1961 dated Sherbrooke, Washington Bond Due to 1956 are follows: County Public Utility District No. 1 (P. O. 126 about O'Donnell Con. Indep. Sch. Dist., debentures. from 1 interest callable. Franklin on in¬ 1955 ' bonds Bond A. Wash. Dated June 1, Due to Interest MrN. 1951. at general obligation bonds was pur¬ chased 1953 clusive. The callable. Ephrata, Corp. of Texas, San Antonio, a 1, \ sue-1951 Bond Sale—The issue of Additional Dist., bonds May 28—v. 173, awarded to the ties State, from 1 6,000,000 3y>% public works, is- Wash. Buckley, Dated par. 4s. Dated Feb. 1, Sale—The $275,000 school on Nov. on debentures. sue-1951 Nov. 1.69%. 1951. Memphis Due 3,000,000 3y4% public works, is- May 29—v. 173, awarded to Scott, on at of chased of 1951. debentures. 1951. 1, 1952. lom, Manager, will receive sealed Texas bids until June 5 for the purchase $300,- of $400,000 revenue bonds. Due was follows: as debentures. Due 1951 i . & Worth, • Nov. 1, general obligation bonds was pur¬ by William N. Edwards & Co., of Fort Bond Sale—The issue of sue-1951 V a. Bond Sale—The issue of $50,000 by the Texas Bank & Co., and R. A. Underwood 000 bonds TEXAS $15,000,000 debentures, $5,000,000 2y2% public, works, is- Nov. Co., of Dallas, 2%s and 3V4S. Dated April 1, / Alphonse *" $110,- purchased Que. Mongeau, City Clerk, will receive sealed bids until 10 a.m. (EDST) on June 11 for the purchase of basis of about a Sale—The $138,000 school 2240—were p. main¬ and Irving Ind. School District, at — Montreal, 1,000,000 3% public works, issue- bonds offered par. Hansford of Corporation, $225,000 water and sewer, on $175,- bonds was purchased by Almon & McMahon, of Dallas, as 2V4S and 2V2s. 000 & Christensen, Debenture Of fering—J. (P. O. Richmond), Va. Bond 000 construction and repair Bond 1840—were p. to of con¬ May 19 awarded on \ QUEBEC June 1 from 1953 to 1971 inclusive. - Hamlin Con. Ind. Sch. Dist., Dated Feb. District (P: 0. Hamilton Dome), bonds are dated June 1, Legality approved by Storey, Thorndike, Palmer & Dodge, of $100,- 2V2s", Antonio, Bond County Sch. As¬ 1951. 4 of San & and inclusive. 1965 to Writer struction bonds offered —v. 10,000 2139—were p. Peters, Springs Bond to inclusive. 1966 173, to Christcnsen, of Denver* sociates, as 2y2s. bonds. 1952 $225,000 Me¬ Hospital bonds offered on 24—v. No. extension sewer Due syn¬ Memphis, Third National Bank, Clark, Landstreet & Kirkpatrick, and the Temple a June on May 1966 inclusive. \ Sale—The morial Sch. Dist., Pierce & Co., First $174,000 school May 24—v. 173, 1935—were awarded to Securities bonds, Bond incl. 1961 to chased by Rauscher, bids. any freesboro), Tenn. Bond W yoming $50,000 street construction bonds. $51,000 3s,' at par. 1951. Due on Rural High school were Bank, Campbell County (P. O. Gillette), Vt. Waynesboro, as 1, from Bond Rutherford rejected. follows:. as T exas 000 — National WYOMING May 25— on WASHINGTON Trust dated .June 7, 1952. Legal¬ ity approved by Ropes, Gray, Best, Coolidge & Rugg, of Boston. 1951. Due March chased Mount Pleasant, Tenn. Additional of Houston, of Bond 1 1969 to 1971 inclusive. follows: loan, Co., Dated 2139 p. First Ripon State Bank, both of Ripon, jointly, as 2s, at a price of 100.76, a basis of about 1.92%. Rich¬ O. improvement refund¬ ing, limited tax bonds was pur¬ chased by the Eddleman-Pollok 1951. inclusive. 330,000 2%s. Due tional /. R. (P. as 1954 to 3s. for for the purchase of $75,000 son, , April 1, 1967. on $30,000 2V2s. Due p. ISLAND fol¬ as permanent Savings Bank dicate composed of the First Na¬ RHODE par, Bond Sale—The issue of of Knoxville, Co., of par, a 1958 bids City Treasurer, will receive sealed bids until 2 p.m. (DST) on June 4 R. A. Underwood & 90,000 offered Rutland, Texas $10,000 April 1, 1966. on about 2.81%, as follows: p. as of bonds offered provement bonds offered syn¬ a Webster Nashville, Trust Trust Bond Sale—The $85,000 judg¬ funding, refunding and im¬ 173, Cumberland Provident price of matur¬ Bond at County 1, Co., of Jackson, Fidelity the tural 23—v. of Bankers McFate, of New Castle. ment July May 24—v. Knoxville, Bank, & Vt. Offering—W. J. Simonds, mond), Texas Bond on Corp. of Dist., Sold—The 2138—were p. awarded Hallsville dated to Mu¬ offered* VIRGINIA composed of the Equitable tional on (P. O. Easton), Pa. Houston, Bend Fort ' Maryville, Tenn. $450,000 school Co., ing after July 1, 1962 are callable. Legality approved by Caldwell & Wilson July on Corp., J. C. Bradford & both of Nashville, Davidson Co., July 11 for the purchase of $40,000 improvement bonds. Dated July 1, 1951. Due on July 1 from 1953 to 1972 on Sale—The Securities 173, v. V;.- School District, 8,000 3y4s. Due curities & New Due 2039—were awarded to dicate Not 1960 inclusive. are " bonds offered p. (CST) of p.m. purchase follows: as 1953 to 1951. and 8 1:15 the for from 1960 to 1967 incl. 1 from Little O. Lewis, R. 88,000 school bonds. Due Philadelphia. (P. Ripley), refunding bonds. $80,000 Gibson, Neshannock 26 $168,000 bonds, Legality approved by Townsend, Elliott & Munson, of * of 173, —v. 1, by Rowles, Winston & purchased bonds Boston. April . J. — bids until June on Sch. Town bonds ment refunding, limited tax bonds was Co., Offering Bond William dated Bond Sale—The issue of County Court Judge, will receive Pa. — April 1, 1966. 7- $2,000 3s. Due Saul, of Philadelphia. Bond callable. are Tennessee ap¬ Remick in TENNESSEE 1952 Legality Ewing, bonds Lauderdale County (P. O. $435,000 im¬ Dated June 1, bonds. Due proved & June 1 lows: sealed 24 , June Dated & Bonds $22,000 , are 1951- Ind. $200,000 nicipal ".Hospital the $89,000 school house improve¬ - April on on bonds Bryan Wis. Sale—The p.m. J-D. Bond on sealed receive The on 1961 The Due 3,000 3s. Due 1956 Elliott 2%s. Due to and April 1 in 1961 on 1951. 1957 Ripon, Bond May Hyde Park, • 1962. and 7,000 Stephan, 30, 1951. June 30 from 1953 to 1957 Interest purchase of provement 1951. (DST) p.m. the will 8 bonds. Due ap¬ $12,000 2s. Due 1, from Legality approved by Chapman Cutler, of Chicago. & awarded VERMONT public improvement apd park re¬ funding, limited tax bonds was purchased by Rowles, Winston & Co., of Houston, at par, as follows: 1964 and 1965. Tolstoy, S. D. Offering—F. E. Bond inclusive. Bond Offering—Ivan M. Wittel, Secretary of Board of School Directors, will receive sealed bids for assessment Bryan, Texas Bond Sale—The issue of 4. ; • p.m. from Sch. Central bids (CST) on June for the purchase of $3,000 fund¬ Munson, of Philadelphia. Manheim are Mr. War¬ sealed special ' pur¬ Legality Townsend, 2138—were awarded to p. * time for the purchase $28,000 provement bonds. Dated June 15, to 1952 bonds — receive also same bonds/' ■; 15, - Additional Offering ner May from 15 The * 8 chase of $79,000 refunding and im¬ May on inclusive. 1961 the until bids sealed (DST) re¬ Dated bonds. Due 1951. to bids nigan, Borough Secretary, will ceive District (P. O. College Station), Texas Bond Sale—The $150,000 school house bonds offered on May 29— Jan. 1 Dist., bonds offered on May 29 173, p. 2240—were awarded Rauscher, Pierce & Co., of Bond Rauscher, Pierce & Co., of Dallas. June 4 on to construction bonds. sewer Dated Jan. house —v. Con. of $10,000 sewer Town Bond M. Indep: School 173, Sch. Indep. Sale—The $350,000 school incl. 1962 & A. (CST) syndicate composed a to 1952 County, v. extension obligation bonds offered awarded to 10 from Brazos City Auditor, will receive sealed Media), Pa. ©f Dated April 10, 1951. Due on bids until 8 p.m. Sale—The $1,000,000 gen¬ Bond eral Texas $17,000 for the purchase PENNSYLVANIA County are Gregory, S. D. Bond Offering—G. Gill Warner, are callable. Delaware 196*1 SOUTH DAKOTA The bonds inclusive. 1972 to 15, Dated June 1 from on March after Bond refunding, limited tax bonds was par. 250,000 ma¬ callable. Monday, June 4, 1951 .. inclusive. Waxahachie County Road Dist. No. 9 (P. O. Angleton), bonds are Dallas. Bond Sale—The issue of callable. a price of about 2.99%. 3s, at unopened. was March on inclusive. 1966 the First National Bank, of Port¬ as returned Brazoria purchased by the Conway National Bank, of Conway, as 2V4S. Dated March 15, to 173, p. 2138 May 24—v. on bonds of¬ revenue 19 issue of $112,- Sale—The building bonds turing in 1977 to 1986 bid $100,000 water works and system June 1 from 1952 on inclusive. The T exas Arlington, Texas Bonds Not Sold—The only —was Hcrry 1986 to t sewer CAROLINA 1, 1951. Due revenue sewer was 1 at a \ and purchased by R. A. Underwood & Co., of Dallas, as 2%s and 314s. Dated Feb. 1, 1951. National as basis of about 100.36, a SOUTH Bond Oregon bonds Providence, of 1.93%. McCulloch, Washington County, Durham Sch. school Phenix the to of price Shuler & Sayre, of Portland. Dist. No. 82 2239 —were 173, p. v. — awarded call¬ are Legality Winfree, by 1951. $100,000 high¬ act of 1950 bonds offered on way, bonds The April 1, 1956 on series 1, Aug. 1966. 1, a.m. the pur¬ Rehabili¬ for 26 9 Sale—The Bond L. works water Cranston, R. I. Oregon (State of) Offering; — Dwight Bond . Racine, Wis. Offering—F. J. receive sealed Co., J. E. Laflamme, Ltd., Lagueux & Desrochers, Ltd., a price of 93.71, all of Quebec, at Becker, bids until (CST) on June 12 for the purchase of 31500,000 bonds, as a as net interest cost of about 4.59%, follows: p.m. follows: $250,000 temporary Dated March June 1 inclusive. fund 1, 1951. from 1953 bonds. Due to on 1962 $220,000 3V2s. Due on April 1 from 1952 to 1961 inclusive. 281,500 4s. Due on April 1 from 1962 to 1371 inclusive. The 1951. bonds are dated April 1,